Image provided by: University of Oregon Libraries; Eugene, OR
About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (April 10, 1921)
21 TIIE SUNDAY OREGOXIAN, PORTLAND, APRIL 10, 1921 tninin nt rum inn k. w mum in wnnin nnmnrnni ID VVUHLU UU UNI 3utcome Anxiously Awaited by Financiers. I !cow(. 90 5.T.1I lhog.... 620 T.00 SI hoes... ISO 11.75 . The following prices are current at the local yards: Choice eteen 1 T.259 1.73 Medium to good Keen 6"( 7. Fair to medium steers 6.0ui 6 Common to rood steers . ." Artl'ti 6. Choice cows and helfera . .H IKifi 6. Medium to rood cows, heifers, d.rintp o.oo fair to medium cows, heifers Common to lair cows, heifers Canners .................... Bulls Choice dairy calves , Prime light calves Heavy calves . 4.(H 4.00 si 2.."W4) 4. 3..VIW 5.0(1 12..10 13.(10 ll.M)rl2..i 8. inks 7.S Best feeders 6.0OW 6.10 TRADE UPTURN IS UNEVEN automobile Industry for Time De clared Brightest Spot; Textile Situation Improving. BT STUART P. WEST. (Copyright, 1821, by The Oregonian.) NEW YORK, April . (Special.) At be close of the week the three matters ippermost in the minds of the financial . lommunlty are: The great British labor rial, tho trade developments as they bear tpon the question of whether or not the tuition at large Is getting better, and he course of money rates. The most pertinent comment upon in tustrial troubles in England has all along teen that they are too stupendous in their possibilities to make it conceivable how a vpture could finally occur, or. If it were o occur, how there could be a contest of my duration at alL The losses would be fabulous and the offering of the public so severe that one de or the other would have to give In aptdly, or both strike a compromise. Miat the British government could aur- ender to the unions has never been even hlnkable. Consequently the markets have tonsidcred but three eventualities first, in llth-hour settlement: second, an early ompromlse after the struggle was on, and bird, the complete defeat of the labor dement. Domestic Trade Reviewed. Testimony regarding domestic trade con lltlons has again been very conflicting til week. The brightest spot is the auto- noblle Industry, with many companies retting ready for capacity output. The dca held in some quarters that the re Ktvery here and in other lines, like the extile trade, was merely a flash In the lan Is disappearing. On the contrary, the . lest Judgment is that, while progress will le uneven that is to say. by no means leady the real turn in these industries las come and will prove a lasting turn. As to when a similar change will over mke other trades which are still scraping n the bottom as to both prices and pro. tuction. it is hard to say that trade rep escntatives are fulrly confident that prices rith them are on the upgrade. It seems ilmoHt certain that the virtually complete thutdown of the copper mines will start pper quotations up before long, simply lecause the remaining surplus will have een worked off. The steel men are the nost dubious of all. starch figures have Just shown pig Iron iroduction the lowest on record in com parison with furnace capacity. Irorr and a eel prices have so far displayed no in. dination whatever to mend. When the (idvale Steel directors passed their divi- lend this week they spoke of the company lolng business at a loss and had nothing o say that showed they were at all hope, ml of a change. The president of the Bethlehem Steel company admitted that xiis would be a lean year for the steel nmpanles. but looked for an Improvement efore the end of it. Summed up. the preponderating view In pusiness circles Is that the downward novement reached Its climax at the close ft 1920; that while in certain lines like Fair to good feeders Hora Prime light . 5mooth heavy Rough heavy Stags rt pigs 6.0O 6.00 .. n.ooeii.: .. 10.2."10.7: . . .! 9.2: . . s on t .2: ll.OO 9. Feeder Diss 11.00a 11.73 KhMn Prime east-of-mourln lambs 7.00J .nn aney iambs ..... n.w Heavy lambs. 90 lbs. ana'p.. ." 6.00 rH,r limhi 5.008J 6.1' Cull lamb 4.00i 5.00 Yearlings n- " w.ik.,. sonra 5.7 Ewes 1.50 & 6.00 Chicago Livestock Market. CHICAGO. April 9. Oattle Receipts, 500. compared with week sgo, beef steers mostly 70c to SI lower: heavies off most bulk cows, heifers, bulls, stockers and feeders generally 00c lower: better grades veal calves steady; light lilinsoc lower. Hogs Receipts. 4000. Active, strong to 13c higher than yesterdays; better grades up most: top. 19.90 early: practical top, S9.80: bulk. 200 pounds down. in.rMoiv.su bulk. 220 pounds up, $8.50u.30; pigs nominally steady. Sheep Receipts. 6OO0. Receipts toasy mostly to packers direct; compared with wees ago lamDS sieauy to c niguer sheep steady. Omaha Livestock Market. OMAHA. April 9. Hogs Receipts. 6000. Steady to 10c higher, closing weak; bulk medium and lirht butchers. Xs.oUtnu.lu top. $9.50: bulk strong weight butchers, 250 pounds and over, S8.00&8.;0; packing rrades. X7.50S. Cattle Receipts, 150. Market compared with week ago, beef steers and she stock 50cl lower; top steers. 9.25; bulls. 25 75c lower; veals steady; stockers and feeders, mostly SOU 75c lower. Sheep None, market compared with week ago, light and handyweight lambs strong to l;c higher; heavies z.gouc low er; sheep 23c higher; feeders strong. Kansas City Livestock Market. KANSAS CITY. April 9. Cattle Re celpts, 60. For week: Beef steers. 5075c lower; she stock and bulls. 2jfro0c lower; canners and stockers, cows and heifers, weak to 25c lower; killing calves steady to 25c higher: stock calves. 23c higher; stockers and feeders mostly 2.c lower. Sheep No receipts. For week: Sheep and light lambs mostly steady; heavy lambs, 130 23c lower. Seattle Livestock Market. SEATTLE. April 9. Hogs Receipts, none. Weak. Prime. Sll11.65: smooth heavies, $10911; rough heavies, ibtfo.ttj nlrs 104X11.50. rattle Receipts, none. Weak. Prime steers, S7.75ft8.23; medium to choice, SB 07.25; common to good. ..oufo.;h; oesi cows and heifers. S6..V!fi 7; medium to choice. S4.50firi.5O: common to good, ti 64.50; bulls, S4fe5.50: ngnt caives, t-iu.uu ,12; heavy calves. oo I. PROSPECT BEST IN YEARS OREGOX WTXTER WHEAT CROP COaflDITIOX GOOD. Estimate of 99 Per Cent of Xormal Is Made by Federal Sta tistician Kent. The condition of Oregon winter wheat and rye on April 1. 1921, Is estimated by F. L. Kent, statistician for the United States bureau of crop estimates, at 99 per cent of normal for wheat and 97 per cent of normal for rye. This compares with an April 1 wheat condition for the I'nlted 8tates as a whole of 91 per cent and a rye condition of 90.3 per cent. The ten-year average condition for the United States Is: Wheat. 83.6 per cent; rye, 88.4 per cent. Assuming that there has been no considerable abandonment of any of the 4O.6tt5.000 acres estimated as sown last full the present condition figure 91 per cent) would Indicate a probable 1921 United States winter wheat crop ok aDoui oji.uuu, 000 bushels. Condition reports by counties of Oregon April 1 are as follows: , . . - .. ... i western ureaon I r,asiern urrKim " quarxer 01, jui win bounty: Wheat. RyefCounty: Wheat. Rye MM FOUND FOR POTATO SURPLUS Shipping Orders May Clean Up Oregon Stock. HIGHER PRICES UNLIKELY Good Movement to South and Southwest ; Eastern Trade Active With Values on Steady Basis. The Oregon potato surplus, there is every reason to believe, will clean up. Not long ago It was feared the growers would rot be able to dispose of all their stocks, but a good shipping demand has devel oped and potatoes are now going out of the state at the rate of about 100 car loads a week. Most of the shipments are billed to California points, with a few cars going to Arixona. The -market Is firm, but prices are not much higher than they were. Shippers are paying growers SI for good graded potatoes and a small premium occasion ally for a fancy lot. Ordinary rough stock Is selling down to 50 or 60 cents. Most of the dealers think prices will hold around the present level during the re mainder of the seaBon. In the local Job blng market there has been some im provement In the demand but former prices are quoted. Few sales of Oregon Burbanks are made at over $1.25. At Idaho shipping points, sacked Rurals are moving at about SI to growers. In the east the potato markets generally were steady during the past week. Northern sacked round white potatoes closed at 80c to $1 per 100 pounds at northern ship ping points. The carlot market In Chi cago held at $1 to $1.10. Other middle western wholesale markets were slow, and 5c to 10c lower, closing $1.05 and $1.35. New York round whites were steady in the New Tork jnarket at $1.40 and $1.50 ulk. Sacked Maine Green Mountains continued slow and steady in Boston at 1.23 and $1.40. Florida Spauldlng Hose in double-head barrels started the week at $11 and $12 per barrel in New York, but closed lower t $9.50 and $10. Prices closed around $6 per barrel f, o. b. at Florida shipping points. Texas sacked Bliss triumphs anged $0.50 and $10 per 100 pounds lu Kansas City. Movement of old stock Increased mod erately, 2614 cars compared with 2297 the preceding week and with 2603 cars dur ig the corresponding week last season Shipments of new potatoes during the week totaled 200 cars. and Mendoclnos were disposed of, but the trices were not announced. Several cars of Sacramentos were sold at 13 to 16 cents, Oregons are quoted at 15 to 20 cents ac cording to quality. APPLE PRICES DECLINE IN EAST Local Market Is Steady With Fair De mand Reported. Local apple trade was fair during the week and former Drlces were maintained, In the eastern markets, however, there was a moderate decline. Northwestern Wlnesaps, extra fancy grade, declined 30 cents at Chicago to $2.25 and $3.50, hut held steady at 13.50 and $4 at Kansas City. New York cold storage Baldwins dropped 25 cents a barrel to a range of $4.75 and $5.73 in the leading eastern wholesale markets. . Shipments . of boxed apples were 815 cars compered with 373 the previous week, st.d with 413 during the corresponding i-eek last year. Movement of barreled stock was 444 cars compared with 5 S3 the preceding week Jind with 327 during the correspond ing week last season. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings . Balances Portland $4,424,981 ' $1)72.429 Seattle 3.737.4H6 . 840.025 Tacoma 394,780 75.336 Spokane .1.008.763 488.874 Clearings of Portland. Seattle and Ta coma for the past week and corresponding week in lormer years were: Portland. Seattle. 1021 $31.193,.S29 $27,085,414 SO.74i.S2M 1920. 1919. 1918 1917 1916.... 1915 1914 1913.... 1912.... 1911.... 1910.... 39,252 28.5!)!). 146 25.B13.8ll8 18.317.260 12.879.316 11. 595,756 13. 296. 625 14.238, 091 12,351.790 12.635.385 11,937.272 36.295.910 34.377.116 28.313,309 16.024.108 13.253.267 14.114.497 13.088.058 11,862.431 9.981.491 11,354.849 Tacoma. $4,055,999 . 4.840.178 4.438.679 4.426.477 2.818.377 2.516.623 2,188,732 2.185.304 2.867,001 4.108.994 4,197.426 4,871,439 PORTLAND MARKET QUOTATIONS Grain, Flour and Feed. Merchants' Exchange, noon session, Bid Wheat April. May. TTard white $ 1.12 $ 1.11 Soft white 1.10 1.10 White club 1.10 Hard winter 1.07 Northern spring 1.07 Red Walla 1.07 Oats No. 2 white feed '25.00 FLOUR Family patents, $8.60; bakers' hard wheat. SB: Diuestem patents. I7.su valley bakers, $6.50; bakers' straights. Xu.nu; wnoie wneai, ; granam, o.ou. M1LLFEED Prices f. o. b. mill: Mill run. $28 per ton; rolled barley. $40i4: rolled oats $42; scratch feed, $53 per ton. CORN Whole, $38; cracked, $41 per ton. HAY Buying prices f. o. b. Portland alfalfa, $1U per ton; cheat, $2223 per ton; clover, $16; valley timothy, $20026 eastern Oregon timothy. -o. 1.09 1.06 1.06 1.06 15.00 STOCK LIST IRREGULAR MOTORS AND EQUIPMENTS ITRM, OTHERS WEAK. . Trading in Bond Market Is Also r, Slug-gish; March Steel Tonnage Report Shows a Decline. NBW YORK, April 9. Dealings were nominal in the brief session of the stock market today. Rails, several nrnmln.nl Initii.rfH.la anil food issues were again under moderate pressure, notably Pennsylvania, which reg istered a new Inw r,,r mBnv v.a ' f- Motors and equipments were relatively firm. Sales were 185. OOO nhnrn. The bond market reflected the sluaaish course of stocks. Total sales, par value, 14,325,000. . . Features of the weekly clearing house report Included i .Q slightly more than J30.000.000 in holdings of members at the federal reserve bank and a contraction of nearly 190,000.000 In net demand deposits. Cash holdings de creased about S18.HOOAOO l..u. . ,feir.ir of $4,331 320 below legal requirements. ucwa emDraced the weekly sur veys of business conditions by trade au thorities and -th t v, - -. of the United States Steel corporation, . further reduction of about 650.000 tons in unfilled orders. Book ings now in hand of 6.284,765 tons are since September, 1919. CLOSI-VG STOCK QUOTATIONS. Clatsop Columbia . Coos ..... Curry .... Douglas .. Jackson .. Josephine Lane . ... . Lincoln ... Linn Marlon . . . Multnomah Polk , Tillamook , Washington .100 Yamhill .... 97 ven worse, the main tendency since the Benton teginnlng of January has been toward I Clackamas recovery, and that this recovery will spread slowly and Irregularly until in the dosing months of the year it will com prise the country's trade as a whole. Money Market I" na tin factory. We have had somewhat the same ex perience In the money market this week is we had two months ago. When Wall ttreet, apparently surfeited with call kinds, reduced its bid to 5(4 per cent, the ateral, promptly called their loans on the Bterior banks, which were lending out xieir large balances on stock market col rround, very obviously, that they could Ind more profitable employment for their noney at home. As a result the lowering f call rates proved abortive, as it had in rebruary, and there were quick rebounds s $H and 1 per cent. Two months ago this reaction wound up n a certain degree of actual stringency, rhich is hardly to be expected again ow ns to the strengthening of the federal eserve ratio which has taken place since lien. Our Imports of gold since January 1 iggregate more than $130,000,000, and this practically the net addition to the sa lon's stock of gold, because exports dur ng the same period have been negligible. This gold movement, plus the release of tapltal from mercantile channels, has leant a large expansion in the supply of loanable funds. It would have forced down noney rates far more had it not been for Ihe policy of the federal reserve board in lolding to its extreme scale of discounts. There can be no criticism of this policy, though these discount ratea are plainly utlficiaL If the federal reserve authori ties were Influenced only by the question rf the money supply they would no doubt lave lowered their schedules before now. But they want to see'frosen credits' fur ther reduced, as they must be In order to restore banking conditions - to normal; I therefore they are maintaining a scale of rates which Is not Justified by the relax ation ot demand and supply. Crop Report Paradox. The April crop report, so far as its Iffect upon financial calculations is conserved.- has proved something of a para- lox. It whs so good In point of indicated I wheat yield as to be distinctly bad fr I the outlook for prices. romlse of a winter wheat crop 137.000.000 tusnels larger than last year, and with a fourth of the 1920 harvest still in farro ws' hands. It is easy to see why prices save been so persistently going down, and bj hard to see how the agricultural in luatrv can look forward to a larger profit nargin unless it can succeed In materially reducing Its production costs. Once again, as has happened often In the experience of the last seven years, sld-fashioned economic theory has gone stray. Theoretically a condition of very low prices where the producers contend there has ceased to be any profit at all will cure itself through restricted output. Bo far from thia having occurred, the acreage covered by the present winter wheat crop is one of the largest on rec rd and the Indicated yield has been sur passed only three times In the history of the country. .100 . 90 97 101 '0 93 loo 98 97 98 Baker 97 97 91 63, Crook 100 100 loo Deschutes ... no 83 lOOIGllltam 102 100 . .. Orant 103 100 IHarney usi .103 402!Hood River.. 103 loo 83 Hdjeirerson ....iuo US Klamath 98 100 l.ake 100 100 ...IMalheur 100 100 100 Morrow 102 105 lOOlSherman ....lfli lOnlUmatllla. 102 1O0 100!l"nlon 97 97 ...IWallowa .... 98 99 95iVasco 106 105 95ivt'heeler 102 102 It will be observed, says the report, that nearly all of the heavy producing wjieat counties show a condition nesrly up t normal, or better. In the eastern psrt of the state, with a few exceptions,- con ditlons were very favorable to fall seeding and the winter has been very favorable for the growth of the crop. At this time It seems probable that the acreage that will be reseeded this spring will be con siderably Jess than normal; In fact, almost negligible. Here is a report from Morrow county which Is fairly typical of others from the Eastern Oregon wheat districts: "The winter wheat condition today shows a better prospect (barring future mis. haps) than we have hsd for many years. The wheat kept growing all winter and the moisture in the soil is abundant." In the western part of the state con dition of the wheat crop Is generally re ported to be fine, although there was a little "drowning out" in February and March. But owing to very wet weather. the seeding last fall was much below normal. Brood sows Reports generally indicate a decline in the hog Industry. In the state the number of brood son's on April 1, as compared with a year ago, appears to be only 90 per cent, and as compared with the usual number, less than 80 per cent. For the United States, the com parison with a year ago is 97 per cent, and as compared with the usual, . only 78.6 per cent. Naral Stores. SAVANNAH. Ga.. April 8. Turpentine firm, 4647c: sales. 842; receipts. 57; shipments. 643; stock. 4749. Rosin firm; sales, 174; receipts. 601: shipments 1181; stock. 79,825. Quote: B. D. Ep F. G. H. $3.80; I. $3.85; K, M. N. WG, $4.05; WW. $4.25. Dried Fruits at New Tork. NEW YORK, April 9. Evaporated ap ples firm. Prunes, more doing. Peaches, quiet. New York Sugar Market NEW YORK. April 9. Raw sugar. 5.77c With an estimated "..i ' r Duluth Linseed Market. DULT7TH. Minn.. April 9. Linseed on track, $1.55?l.7tt. Cotton Market. NEW YORK, April 9. Spot cotton steady. Middling. 11 95c. LITTLE WHEAT SELLING BY FARMERS Offers Withdrawn When Decline in Prices Is Checked, The country wheat markets were quiet at the close, not from lack of demand, but from the unwillingness of farmers to sell. Offerings were liberal when prices were eclining. but most sellers withdrew when the market became steadier. Bids sen to the country yesterday were the same as on Friday. Offers for wheat posted on the local board were also unchanged. The lack of interest in the coarse grain market was shown by the $25 bid made for white oats at the Merchants' Exchange. There were no offers at all for oats or barley. The aversge condition of winter wheat Washington on April 1 was 100 per cent of normal, the best condition that as obtained on April 1 for a number of years. . One year ago the condition was but 73 Per cent of normal, while the 10' year average on April 1 is 90 per cent. The past winter was almost ideal, so far as the wheat crop was concerned. Mois ture is abundant throughout the different sections of the wheat belt, and very little damage has been reported to date from soil- blowing or from heaving. Assuming the average abandonment of acreage and average influences prevailing until har vest, the April 1 condition forecasts I production of about 21,784.000 bushels as compared with 20,120,000 in 1920 and 20,- 428,000 in 1919. The rye crop of Washington averaged 98 per cent ot normal on April 1, against 82 per cent a year ago and 94 per cent the 10-year average condition on April 1. Terminal receipts, in cars, were reported by the Merchants' Exchangs as follows: Portland Wheat.Barley.Flour.OataHay. Saturday 80 2 ... 2 Total this week 441 4 15 18 Season to date. 14,013 230 689 483 Tacoma Friday 6 ... 2 ... Season to date. 4,027 48 831 123 Seattle- Friday 13 ... S Season to date. 4.152 201 334 50 2140 1 838 2 394 FIRST STRAWBERRIES FROM FLORIN Season Is Unusually Early In California Section. The California strawberry season Is earlier than usual. The first crate of Florin berries came In yesterday. They were of the Oregon Plum variety and sold at $8. Los Angeles berries are due the latter part of the week. No more berries will be brought this season from Louisiana, as they now cost about as much at ship ping points as the first cars sold for in this market. Three shipments of asparagus arrived t'ora White Salmon and brought $2.50 a dcxen. California asparagus 'was higher at 15 cents and will advance to 17 cents Monday, owing to the opening of the can ning season in that state. A car of high-grade Louisiana sweet po tatoes was received and they were put on sale at $3.75 per 50-pound crate. Celery Is cleaned up in the south and so Is Imperial Valley lettuce. A car of Mexican tomatoes and a car ot California grapefruit are due Monday. Dairy and Country Produce. BUTTER Cubes, extras, 3037c: prints. parchment wrapped in box lots, 42c: car tons, 43c. uutterrat, ouying price: i grade, 38c; B grade, 36c; Portland de liverv. EGGS Buying prices, clean, -ic; case count. 19c delivered: Jobbing price to re tallera. candled ranch. 23 24c; selects. 26c. CHEESE Tillamook triplets, price to jobbers f. o. b. Tillamook. 28c; Young Americas. 29c lb. POULTRY Hens, 23 27c per lb.; ducks. nominal; geese, nominal; turkeys, nominal. PORK 1618V4c per pound. VEAI Fancy, 16c per pound. Fruits and Vegetables. FRUITS Navel oranges. $3.505.75 box lemons. $3.504.75; grapefruit. $3.258.25 per box; bananas, 10 110 per pound; ap pies, si-,itjgi)4 per box. VEGETABLES Cabbage, 84c per pound; lettuce, $4 5.50 per crate; car rots. $1.25 per sack: garlic. 1520c pound beets, $1.25 per sack; cauliflower, $1.75 per crate: celery. $7 per crate; green peppers. 30 45c per pound; rhubarb, 89c per pound; spinach, 89c per pound; turnips, S1.50i2 per sack: tomatoes, S3 per lug cucumbers, $1.753 per dozen; peas, 14 15c per pound: asparagus, lc per pound. POTATOES Oregon, $101.23 per 100 pounds: Yakima, $1.502; sweet pota toes, $3.50 per hamper. ONIONS Oregon, 75c J 1.23 per sack. Staple Groceries. Local tnhhinpr nuntatlons: SUGAR (sack basis) Cane granulated. 9c oer nound: beet.' 9.15c per pound, NUTS Walnuts. 2236c pound; Brazil nuts. 27c: filberts. 12c: almonds. 28029c peanuts, 7t7l0c per pound; cocoanuts, $2 per dozen. HONEY Comb. S7.75 per case. RICE Blue Rose. 6 too pound; Japan stvle. 4c ner Dound. BEANS Small white. 51ic; large wnue. 5Hc; pink, 7fec; lima, bite; Bayou, Uttc red. j u c oer Dound. , COFFEE Roasted, bulk, in drums, 149 86c per pound. SALT Granulated, bale, $S.504.25 half ground, ton. 50a. $17.75; 100s, $15.50 lumn rock. S26. DRIED FRUITS Italian prunes, ee pound; dates, $4.2596.85 per box; figs, $ w-5.25 per box. , Provisions. ' HAMS All sires. 30 37c; skinned. 269 36c: nicnlc. 17019c: cottage roll, Ave. BACON Fancy, 43p3oc; cnoice, wg 35c; standard, 26$28c. LARD Pure, tierces, 17o pound; com- oound. tierces. 12c. ' DRY SALT Backs, Z2p25c; plates, inc. Wool, Hops, Etc. WOOL Nominal. TALLOW No. 1. sIH94c: No. 2, 2U9 8c per pound. CASCARA BARK 1920 peel. 7c pouna; 1921 peel, 6c pound, delivered Portland. HOPS 1920 crop. 1520o per pound. HIDES Salted country hides, 4c dellv- ered Portland; grubby hides, 3o; city calf skins, 10c; country calt skins, oc; gooa kip, 6c; grubby kip, 4c. MOHAIR New clip, liwisc per pouna. GRAIN BAGS Car lots. 7c. coast. Oils. LINSEED OIL Raw. In barrels. 94c; five-gallon cans, $1.09. Boiled, in barrels. 96c; five-gallon cans, $1.11. TURPENTINE la arums, 4c; iive-gai- lon cans, $1.09. COAL OIL, Tank wagons ana iron car- rels. 17V4c:' cases. 30 87c GASOLINE Tank wagons ana iron oar- rels, 80c; cases, 42 He. SAN FRANCISCO PRODUCE MARKET BIDS FOB EGGS ARE ADVANCED LIVESTOCK IS STEADY AT CLOSE Only Three Leads Received at North Perl land Yards. There was a light run of three loads at the stockyards and trading was of small proportions. Prices were unchanged at the close and all licee were reported steady. Receipts were 13 cattle, 134 hogs and tl sheep. The dsy's sales were as follows: Wt. Price' ,W. Prlc. 11 steers. 949 $6 5o 7 hogs. . . 382 9.00 2 cows. 1060 3.50,33 hogs... 32C JX00 BLOSSOM TIME AWAITED Hood River Expects Hundreds of Tourists to See Display. HOOD RIVER. Or., April 9. (Spe ciaL) While Hood River expects hundreds of motor tourists here dur ing" apple blossom week, no formal programme will be arranged 'n cele bration of the occasion, according to J. H. Fredrick, president of the Hood R'ver commercial club. "At present we are unable to des ignate tb,e date when the blossoms of the apple trees will be at their best." says Mr. Ited rick, "but we will send out this information as soon as pos sible. Indications are that the or chards will present one of the most wonderful blooms n the history of the valley. We will co-operate In plans for caring for all who may visit the town and valley to see the or chards in broom. From present Indi cations the trees will have their best blossoms about the. first week in Country Shippers Offered Two Cents More for Monday's Receipts. There was a firmer feeling in the egg market yesterday, as the east was higher end receipts here have "decreased some what. Buyers paid 19 cents case count and 21 cents for clean eggs to country shippers. Oc the street there were resales at 21 hi 0i22 cents. Dealers have sent out bids for Monday's arrivals of 21 cents for 'current receipts and up to 23 cents for clean fresh stock. Butter was' steady with enough outside demand to keep cubes cleaned up. No early change in print quotations is in sight. Poultry receipts were light and prices firm, heavy hens selling at 26027 cents and light hens at 23 cents. Country dressed meats were steady. DEMAND FOR FARM LABOR LESS Supply In This State 34 Per Cent Larger Than Year Ago. The supply of farm labor In Oregon on April 1 was 84 per cent better than a year ago and 2 per cent above normal, accord ing to a report Issued byF. L. Kent, ot the bureau of crop estimates. The demand for farm labor was 11 per cent below the demand last year and 7 per cent below the normal need. , Wages for farm labor in Oregon are averaged by Mr. Kent as follows: Per day, with board, $1.98; per day without board, $2.97; per month, with board, $47; per month without board. $70. California Hops Moving. There has been a fair movement in Cali fornia hops In the past week, but no sales In this state. About 1000 bale of Sonoma J extras, cost to jobber is cubes, 39c, Prices Current on Vegetables, Fresh Fruits, F... t Bay City- SAN FRANCISCO, April 9. Vegetables -Asparagus, 4 4712c; squash, cream, 65 & Rc: Dotatoes, street prices, rivers No. 1, $2.0002.83: sweet potatoes, $5.0096.50; new potatoes, 6&9c; onions, Australian, $2.50 (3l4; garlic, tttjMUc; cauiuiower, ouvpioc dozen, cabbage, lc per pound; bell pep pers, Los Angeles, 10tF20c; turnips, 50c $1; beets, $161.50; parsnips, $292.25; carrots, 73&$1; peas, 58c; rhu barb. Alameda, $1.25g1.75; lettuce. $2,259 $2 50; artichokes, $5.007.O0 crate; spin ach, S5c; egg plant, 20 980c. Poultry Hens, 2503?c; strictly young roosters, 40944c; old. 20 22c; fryers, 53 9 60c; broilers, 40 50c: ducks, 30 35c; squabs, 60 9 65c; pigeons, $3.00 9 3.50 dozen; Belgian hares, 23-25c; Jackrabblta, $3.00 93.50 dozen; turkeys, nominal. Fruit Oranges, navel, $2.0094.75 box; lemons. $2.00(0)3.50; grapefruit, $1.50 9 3.50; tangerines, S1.5U93.50: apples, $1.75G3.00 bunanas. 9910c; avocadoes, $3.0097.00; strawberries. Imperial valley and Los An geles, $4.5094.75 crate; Peninsula, $1.50 fix 2.00 drawer. Receipts Flour, 7040 quarters; wheat, 1600 centals; barley, 2500 centals; oats, 943 centals; beans, 1535 sacks; corn, 800 centals; potatoes, 4037 sacks; hay, 211 tons; hides. 67 bundles; livestock, 415 head; lemons, 1200 boxes. QUOTATIONS ON DAIRY PRODUCE Market Prices Ruling on Batter, Cheese and Eggs. SAN FRANCISCO, April 9. Butter Extras, 374c; prime firsts, 37c. Eggs Fresh extras, 28c; prime firsts, 28c; firsts, nominal: dirties, 28c; extra pullet, 27c: undersized. 23c Cheese Flats, fancy, 22c; flats, firsts, 20o. CHICAGO, April 9. Butter Unchanged. Eggs Higher. Receipts, 22,537 cases; firsts, 24924ttc; ordinary firsts. 20921c; at mark, cases included, 21 923 lie. NEW YORK, April 8. Butter Steady. Creamerj higher than extras. ,49V, 950c; creamery extras, 49c; firsts, 4548Vjc Eggs Irregular, unchanged. Cheese Weak, nnohanged. SEATTLE. April 9. EggSr-Select local ranch, white shells, 2930c; select local ranch, mixed colors, 272Sc; pullets, 28 24c. Butter City creamery In cubes, 42c; bricks or prints, 43c; country creamery Am . Beet Sua American. Can AH L. pfd Americn Loco Am Sm & Rfg Amercn Sugar Am Sum Tob Am Tel & Tel Amer Woolen Anaconda Cnn Atchison &aiawin Loco Balti & Ohio Beth Stl "B" Canad Pacifin Centrl Leather Chand Motors. Cheap & Ohio Chi. M & St P Chleg & N v Chi. ft r p Chino Copper, Corn Products Crucible Steel. Cuba Cne Sug Erie Genrl Electric Generl Motors Gt North, pfd Illinois Centrl Insprn Copper It Me Ma. pfd Inteml Nickel Inttrntl Paper K C Southern Kenne Copper Sales. 400 80 3(10 ' 800 600 4,50 ' 80O High. 37 281 42 So 14 37 90 400 103 900 72 i 600- 3:i 300 79 hi 2. 600 3.4110 1.200 400 4,200 400 800 1,000 1.500 300 200 1.900 4.100 1,900 100 .100 3.400 2,-300 500 3O0 1.300 200 8K) 1.3O0 100 Mexl Petrolem 10.700 Miami Copper 600 Mid Statea Oil 1.700 Mldvale Steel. 4.7O0 Missouri Pacif 100 Nevada Coppr l.SoO N Y Central. 300 Nbrfk & West BOO Northn Pacific 5 900 Ok Prd si Rfg 400 Pan-Am Petri 1.600 Pennsylvania.. 6.800 Ray Con Cop 7.100 Reading 1,200 Rep Irn & Stl 6O0 Ryl Dtch, N Y 800 Shat Ariz Cop loo Shell Tr Td ' 200 Sin Oil ft Rfg 2,400 Southn Pacific 2.300 South Railway 1.300 S O. X J. pfd 200 Studebkr Corp 10.000 Texas Co. 8O0 Texas ft Pacif 1.200 Tobc Products 700 Transcontl Oil 600 Union Pacific. 2 400 U S Ind Alco loo U S Rtl Stores 600 U S Rubber.. 4.IO0 U S Steel 6.700 LT S Steel, pfd 100 L'tah Copper. l,ow , West Electric oo Wiilya - Over loo 87 33 "i, 53 i 112 33 79 68 24 62 21 21 '4 7214 83 li 20 11 134 135, 75 87 32 50 'i 34 37 24 18 130 18 14 , 25", 17, 10 681, 9314 75 St 68 a:t 12 6N , 64 59 6 89 H 23'4 73 20'4 - 107S4 76 40 19 47 10 11614 6lt 4S 72 81 110 4814 47 -8 Low. 37 28 41 85 37 89 73 103 71 , 30 79 86 33 53 112 82 78 57 23 61 24 21 72 83 .20 11 133 3 - 13 s- Of 32 50 14 54 21 18 13 23 17 30 HS 93 73 J 6S 32 12 611 63 58 6 39 73 20 107 74 40 39 46 9 115 HA 48 71 80 110 48 47 8 Last Sale. 37 28 42 83 37 . 90 74 105 71 36 79 87 1 33 55 112 33 79 58 24 62 24 21 85 1 20 I 11 134 13 75 87 82 50 14 57 24 18 139 18 13 m 30 68 93 74 8 68 33 12 68 64 59 6 39 23 73 20 107 76 40 19 47 10 115 66 48 72 SI 110 48 47 of the British labor situation, the more precarious position of the railroads snd further revision of estimates affecting earnings and dividends. Rates for call loans rose to highest levels in msny months after relaxing to lowest recent quotations for renewals. The sudden advance coincided with neavy withdrawals - of local reserves by interior banks. Spread of the British coal strike gave a sharp setback to exchange rates' and threatened disturbance of Anglo-American trade. - Proposed investigation of the trans portation systems by the senate and earn est consideration -by the administration afforded no oerceDtlble relief to railway securities, some new minimum quotations being made by high grade stocks and bonds. The cominr week. It Is believed, will witness significant developments In the steel and iron trade. Opinion is that the United States Steel corporation will soon announce reduced price and wage sched ules and that Independent producers win order moderate upward readjustments. This course is indicated by advances made bv the Renuhlic Iron & Steet company. In other branches of industry tenden cies are almost wholly toward lower sched ules. Adverse financial statements and more dividend omlssioas seem Inevitably to foreshadow an expansion of the price deflation movement. Signs of general trade Improvement were confined to a few sDecialtles. the motor ndusyy reporting a further Increase of production. teatner- auu backward with copper and other base metals. Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portltvid. The amount quoted is the equivalent of tho foreign unit rn United states iunos: Country and unit Austria, kronen .,......... Belgium, francs Bulgaria, leva - Czecho-Slovakla. kronen ..... Denmark, krtmer England, pound sterling Finland, fin mark Rate. .$ .00:10 . .0743 . .0133 . .0142 . .1810 . 8.9225 . .0200 . .0718 . .0168 . .07: . .3175 . .0040 . .0418 . .0075 . .13S . .0MI5 . .01 .-.3 . .0200 . .1405 . .2:180 , .1743 , .4900 . .6530 France, francs Germany.-marks ......... Greece, drachmas Holland, guilders . .' Hungary, kronen Italy, lire Jugo-Slavla. kronen Norway, kroner Portugal, escudos Roumania, lei ............ Serbia, dinera Spain, pesetas Sweden, kroner Switzerland, francs China Hongkong, local currency. Shanghai, taels Japan, yen f -. NEW YORK. Ifprll 9. Exchange firm, Sterlhie. demand $3.89: caoiea .t.w,. francs, demand 7.04, cables 7.06; Belgian francs, ilcmanil 7 33. cables 7.35: guilders. demand 84.56. cables, 34.65; lire, demand 4.!!7 cnhltHp 4.39: marks, demand 1.61. ca bles 1.62; Greece, demand 7.21; Argentine, demand 32.12; Brazilian, demand 13.73; Montreal, 11 per cent discount. Foreign Bonds, Foreign bond quotations' furnished by the Overbeck & Cooke company ot Port land: Buy on the Rising Market For the first time in twelve months securities earning; big tiividend returns are on a rising- market. We are offering an issue of common stock in the Wichita Royalty Company on a basis that WILL NET 36 PER YEAR Sounds impossible, doesn't it? and it will be impossible in SO to 60 days. As soon as money matters get back to normal this kind of security is bound to double. Call or write and we will send you full particulars regarding this A-l, approved security paving 3 monthly. ROWLAND & PEDERS0N, Inc. 1314 L. C Smith Building Seattle, Wash. NOTE The Wichita Royalty company Is an established, hlRhly rated oil producing company whose assets consist of oil producing- properties onlv. Please do not misconstrue this offering; with the usual "wildcat oil promotion schemes" offered to the public. A Few Shares in the NEW PORTLAND-BUILT AND PORTLAND OWNED 5-MASTED SCHOONER UNDAUNTED REMAIN TO BE SOLD Over 400 Portland investors own ship shares, and consider them among their best investments. Full information may be obtained from the managing agent, llart Wood Lumber Co., Gasco Bldg., or from Fletcher Linn, Spalding Bldg. JULY I0IT IS FIRMER .'4biu BCYIXG CAUSED BY FORECAST OF FREES IXC WEATHER. BONDS. U S 2s reg..,.!!flN t C deb 6s., SSU do coupon ...ARftlN p 4s 76 U S 4s reg.,..104,lw P 3s do COUDon ..'104 p T.ff.fr. Pan 3s reg 78V4IPa con 4s... do coupon ...7t4s P cv Ss A T & T cv 0b.. M sg Bv s. Atch gen 4s ...77 U P 4s con 4s64 JU S Steel Ss... 5414 S4 ssit S0H Bid. Mining Stocks at Boston. BOSTON, April 9. Closing quotations: Alloues Ariz Com . Calu A Ariz... 46 valu & Hecla. .215 Centennial .... 8 Copper Range. . 33 rranann ...... 1 East Butte 7 Isle Royalle ... 17 Lake Copper... 2'4 Mohawk 47 i lTINorth Butte oia Com Osceola Quincy Superior Sup & Boston.. Shannon l'tah Con Winona ........ Wolverine Greene Can . ... 6 17 32 1 90 3 hi 65 104 2114 Liberty Bond Quotations. NTTW TORK. April 9 Libert Muviat-Juua UUPCU tLB IO110WS 3US 1st 4S .. Id 4s ... 1st 4Mb 2d 44s . .nn.04Md 4Hs . . 87.5Ul4th 4 Vis . . 87.60IV1C 33 . 87.70!Vic 4a . 87.561 tf!0.76 .... 87.64 M.SH .... 97.58 Bid.. Swift & Co. Stocks. Closing prices for Rwlfr A r - Chicago were report! by the Overbeck & Cooke company of Portland as follows- Swift & Co 091, Libby. McNeill A Libbv " "" mi? National Leather . .. 7 sZ Swift international """ 03 Money, Silver, Etc. NEW TORK. April 9. Prlm tile paper. 714 7 per cent. par silver, domestic. 99 Kc: foreign. Mexican dollars, 4414 c LONDON", April 9. Bar silver. 33d oer uuuw. jiui-cj . i, -4 ut'r cent. STEADY GAIN IN RESERVE RATIO Increase of One and One-Tenth Per Cent ' in Past Week. WASHINGTON. ADril 9. Combine ... sources and liabilities of federal reserve banks at the close of business April 8 were reporiea lomgnt py . me leaeral reserve uoaru as ioiiohs; Resources Gold and gold certificates....! 313.322,000 uom settlement luna leaeral reserve ooara 504.061.000 Bid. Ask. Russian 5'4. 1921 1. 3 8 2D do B'is, 11126 9'4 12 do 6VS, 3919 ....19 21 French 5s. 1931 " B7 do 4s. 1917 45'i -4H14 do 5s. f 920 T 68 Italian 5s. 1918 33 34 British 5s. 1922 384 8M8 do 5s, 1927 870 3S2 do 5s. 1U29 .372 3S4 do vky 4s .29 7 809 do ref 4s 269 2K1 , Belgium rest 5s 60 li 68 do prem 5s 71 , H German W. L. 5s K"i 184 Berlin 4s 12 V. 13 hi Hamburg 4s 14 hi 16 do 44s 15 16 Lelpslg 44s i... 14 35 do us 15 17 Munich 4s 14 15 4 do 5s 16Vi 18"4 Frankfort 4s IS" 164 Jap 4s 6r4 6514 do 1st 4V4s 824 S3 do 2d 41js 8214 83 Paris sixes 97 98 U K 5lis. 1921 99 mi do 5 "4 s, 1022 95 9.14 do 5 Hs, 1929 89 89(4 do 514s, 1937 84 85 Be'ldt in Bank Reserves. NEW YORK. April 9. The actual con dition of clearing house banks and trust companies for the week shows a deficit In reserves of $4,331,320. due to a decrease of fl$,613,u2u from last week. Reaction In Coffee Futures. Twenty-Five Million Bushels Esti mated Sojd for Export From Fnltcd States to Jane 1. CHICAGO, April 9. Forecasts of freei ing weather aided the grain markets today, after depressing economic news from England and scattering selling had started prices downward. At the finish, wheat was unchanged to llle up. Includ ing May. J1.38 to 1.S4 and July, $1,121. to 1.13; corn was H14o to VSc higher, oats showed a net gain of lie to 94 c and provisions were unchanged to 20c higher. While May wheat showed an easier tone and sold at the lowest figure on the crop. July tbi firmer and averaged higher be cause of buying induced by forecast for freezing temrjeraturvs. with reports of half to one Inch of Ice In part" of Nebraska and Iowa last night. While no rlamara was claimed, the trade was apprehensive that the crop might receive a serious setback and the May-July spread narrowed with much selling 01 way anu buying of July. The seaboard reporieu 350.X bushels sold to Germany and Belgium. It was estimaiea mat m United States has 2.'i,OO0,00O bushels sold for export to June 1. Com and oats mow a rntr nnri.,iMia wlfh iomB buying of oats on reports that the freezing temperature had done some damage. (,-uuniry ere limited. Provisions averaged higher with lard showing the most strength, the upturn in hogs being, the main influence. The r-hlcse-o market letter received yes terday by the Overbeck & Cooke company of Portland said: wheat Low temDeraiures over ir Ington mixed, 912; Sound alfalfa, I.'IO. straw, 24; Pure! Sugar Beet Test Dannexl. mi.VEVILLE, Or., April 9 (Spe cial.) Under the supervision of County Agent Tinker, Crook county Is to experiment this season In the pro duction of sugar beets. This experi ment Is to be tried out on the Ochoi-o project, selecting; three acrii. on each on the farms of Fred Woelscher, Q. W. Slayton and E. T. Slayton. It Is planned to send the product of these three acres to a refinery for testing;, and should the experiment prove a success it la hoped to obtain a refinery at this place. Astoria Itotarlans Fleet. ASTORIA. Or., April ..(Special.) John Ts.it was elected today presi dent of the Astoria Rotary club. Other officers are: M. K. Chessmun. vlce-pref cnt; I'sul L. Kcott, secre tary; J. .I. Anderson, treasurer. The board of directors consists of the officers, Charles V. Brown, JtoRor V. Finneo. R. K. Carruthttrs, F. U. San born and R. W. Skallerud. iukk, April w. I esteruay no ... . , . , . ...finiiaH vances were followed by reaction. In the J" f ? rb-nTt. market for coffee futures, owing to the cola weamer '""""-; "",",. Th, 1 ,..nt.l . -nrf IhA mnr. . . .. . . . , . . . i.,Diunia. nowewr. n-c 11; ..u increased strens-in as a result ot tne re- 1 r ' . . . 1. - I n K..1, conservative reports irom claimed little damage likely to result. The strength was all In July witn amy displaying independent weakness, reflect ing ealne in all cash markets and large receipts southwest. Kansas City re- , 1 Bnrt n,i-i nun ber 6.58c; October. 6.71c; December, Monday: The seaboard reported 350.- j 6.96c: January 7 04c; March 7 18c I Sou bushel, worked for export to German, ported government buying- The opening here was alx points lower and active posi tions showed net tosses of 17 to 18 points during; the early trad 1 ner, with the general market showing; a net decline of 8 to 11 points. May, 5.77c; July. 6.1i0c; Septenv Spot coffee Dull, Santos 4s, 94 tS9c, Rio 7s, 6!4!4c; l nd BelKtunl and the Pacific coast 200.000 1 bushels for Japan. . witn trgonuna .vui holding the bulk of her surplus, elimin ation of foreign buying In this country Is not at all Improbable at any time and !!. Ih. Hnmestic situation In a semi- demoralized state there appears little like lihood of advancing prices at present. I "Corn Held around yesterday's level i Total gold held by banks . .3 817.383.000 Gold with federal reserve agents 1.306 949.000 Gold redemption fund iau.U78.OO0 Total gold reserves 12.264.010 ooo Legal tender notes, silver, etc. 217.824,000 Total reserves 12.481.834.000 Bills discounted, secured by U.S. government obligations 946.021.000 11 other 1.128.731.000 Bills bought in open market.. 103.607.000 Total bills on hand ...... ..S2.258.359.0O0 United states government bonds United States Victory notes.. nlted States certificates of Indebtedness. 1-year cer tificates (Pittman act) .... All other 25.347.000 19,000 247.375.000 6.303.000 Total earning assets 12.537.603.000 Bank premises 21.0U2.000 Five per cent redemption fund . against teaerai reserve Dana notes ii.s47.uou Uncollected Items 544.255,000 All other resources 11.454.000 ..(5.607.793.000 101.226.000 202.036.000 48,053.000 Total resources . Liabilities Capital paid In Surplus Government deposits Due to mem-bers reserve ac count 1.661.938.000 All other deposits, including , foreign government .credits. 35.325.000 Total deposits Chchalis Elks Install CHEHALIS, Wash., April 9. (Spe oial.) Newly Installed officers o" Chehalis Elks lode-e. No. 1374. ara as follows: C. Le Roy Brown, exalted with principal buying emanating irnm ruler; J. H. Johnson, leading knight; shorts. Receipts were estimaiea n.rm t, sears loval knlirht- Charles cars and cash market steady at unchanged rF,!-,,:.V.5V.,,fr prices Shipping sales of 90.000 bushels reported. Including some for export. Coun try offerings to arrive remain ngni.. ar gentine news is Becoming inuwrniu bearish. . . Oats Trade was aulte active with Sep tember delivery in demand. Receipts were estimated at 50 cars and cash market firm to He higher. Shipping sales were 60,000 bushels. The trade actacnea nine impor tance to the report from Nebraska and Iowa of frost damage, which may necessi tate some reaeeding. , Rye showed little activity and was featured by selling May against purchases of September. Cash rye was dull, but relatively steady at 10 cents over May R. Mitchell, lecturing; knight J. W. Alexander, treasurer; Thomas P. Horn secretary; George R. Walker, trustee. Virgil R. Lee has been appointed esquire; Sam Down, inner guard T. J. O'Connor, chaplain; Emil Laugh- ran, pianist. G. L. Thacker. retiring exalted ruler, was presented with a fine gold watch, T. J. O Connor mak ingr the presentation on behalf of the lodge. DAILY METEOROLOGICAL RETORT. vSNnnv A X-T-, , It a TT I ir ... am-l for Mo. 2 OH tr.Ck. n.r.ir. 7 rievr.- In'wes, .17 River "Provisions Liquidation of long eon- a i m nit in tracts was less in evidence and the fu i.ar 2i hou 6.2 foot' fall. 'Total rain- ture market in consequence displayed some fall 3 P. M. to 5 P. M.), none; total strength. rainfall since September 1, 1920. 41.37 Inches; normal rainfall since September 1 37.71 Inches; excess of rainfall since Sep tember 1, 1920, 3.66 Inches. Sunrise, 5:S5 A. M. : sunset. 6:uO P. M .; total sunsnine, 10 hours and 45 minutes; possible sun shine, 13 hours and lo minutes. Moon rise. Sunday. 6:58 A. M. : moonset. Sun day, 9:44 P. M. Barometer (reduced to sea level), 5 P. M., 29.90 inches. Relative humidity: 5 A. M., 27 per cent; noon, 23 per cent; 5 P. M., 24 per cent. THE WEATHER. Leading futures ranged as follows: WH HAT. May. July. STATIONS. Baker Boise . Boston Chicago Denver Des Moines.. Eureka Galveston . . Helena Juneauf .... Kansas City. Los Angeles. Marshfield . . Medford .... Minneapolis . New Orleans. New yora.. North Head Phoenix ... Pocatelio . . Portland Roseburg .. Sacramento St. Louis... Salt Lake .. .$1,745,316,000 , San Diego. 2.893,964,000 167.152.000 . 445.108.000 52.993.000 Federal reserve notes In ac tual circulation Federal reserve notes In cir culation, net liability Deferred availability items All other liabilities Total liabilities ....... 5.607.795.000 Ratio of .total reserves to deposit and federal reserve note liabilities combined. 53.5 per cent . , , Ratio of gold reserves to federal re serve notes in circulation after setting aside 35 per cent against deposit liabili ties, 64.7 per cent. LOWER STEEL SCHEDULES PENDING Price and Wage Reductions Hay Soon Be Announced, NHJW YORK. April 8. Foremost Inci dents of another reactionary week In the stock market were the bewildering move ment of noney rates, Increasing gravity San Fran Seattle Sltkat Spokane Tacoma .... Tatoosh Isl.. Valdest Walla Walla. Washington . Winnipeg ... Taklma 3i oOiO.ooi 32 64lo.00 48 V Ind May. July. May. July. May. July. Open. Hteh. 1ow. Close. $.3.1K ft. 84 14 11.3.1'i fl. 83 1.11 113 1.1114 1.12X CORN. .59 .60 "4 .89S .60 .63 .68 .63 .63 OATS. .S7'4 .37 .8714 .37 .38 .39 hi .38 .39 MESS PORK. 13.50 13.73 13.50 13.75 16.10 Weather. May. May.. July. ICIear Clear 86; ss'o'oi) 24 40;0.(MII 26 30.01 42j 380.00. 62 72(0 10 161 5410.00 3614610.021. . 30) 42i0.00j24j &OI oou.ou . .iSK . . E 76j0.ss!lOW kJiear 12)NW$now . . NE 10 .W NW N 18 64 j 0.00 72I0.OII IB, 7810.00 68 0.14114NW! 64 0.00 . 20-0.001 5fW0.0l 73'0.0O 720.00 72.0.00 4410.00 64 O.OOi 62 0.00 60 0.00 74'0.00 t-rSO.OO 64;o.OOj 74r0.00i 64 O OO t38IO.0O 72 O.OOI 74 0.02 34!0.0O 7010.00 SE SW NW N SW N SW E NW SW 14'.VW 12INW 10'S 10IW . .Is I.N"E . .IN .. S 12XW (Clear w ICIear LARD. 10.05 10.15 10.00 10.57 SHORT RIBS. 9 20 9 82 9 20 ft S3 9.60 9.70 9.57 9.70 Cash prices were: Wheat No. 1 northern, 11.4601.47; No. t northern, 11.30. Corn No. 2 mixed, D7039C; No. 2 yel low, 69U S914c. Oats No. -i wnite, Bonp 3u c ; no. 1 white, 37 38c. Barley 67 G 16ft Timothy seed J45.50. Pork Nominal. Lard $10.00. Short ribs $8.79.73. Minneapolis Grain Market. MINNEAPOLIS. April 9. Cash wheat. No. 1 dark northern, fancy, - $1.64 HW 1.6914: No. 1 dark northern. $1MH 1.6414 ; No. 1 dark hard, Montana. $l.63'4 l.n.r14: No. 1 hard Montana. si.68Vu 1.6214. Bar er. 47rae. Flax. $1.571.58. Futures Wheat. May. II.Z914 July. $1.23. Winnipeg Grain Market. WTNN1PEG. April 9. Wheat. Msr. 11.66; July. $1.48; Grain at San Francisco. SAN FRANCISCO. April 9 Grain Pt cloudy Wheat milling. 2.152.20; feed. 2.05 Clear 215: barley, feed, Sl.10iUl.15: shipping. Clear I tl. 2001.40; oats red, feed. S1.45&1.63: (Cloudy ' corn, white Egyptian, $1.5001.60; red Pt. cloudy I mllo, fl.75 1.80: rye. nominal. rw. vluuu; Hay wneat, sw'ji; tame oats, ins 19; wild oats. $12415; barley, $12 15; alfalfa. 17220; stock. SlOtfli, Clear Cloudy Cloudy Cloudy rClear (Cloudy :iouuy Pt. cloudy Clear Cloudy K-'lear ICloudy Cloudy Pt. cloudy Cloudy Clear teloudy TMouny Cloudy KJloudy ciear Cloudy Cloudy . .NW For $560 Yon can purchase one share each of eight sub stantial listed dividend paying ttocki that will bring; thirty-two dividends or a total of $62 Annually which would meaa Uo on the investment Purchase mar be arranged under our monthly pay ment terms. Copy of circular fo-4 9 sent free upon request together with our booklet "Thrift' Savingi-tnvfitment." HfiRRLES ttQi.RK5DNfi Bf 66 BROADWAY NEW YORK TELEPHONES: SECTOR S63-4 OVERBECK & COOKE CO. Brokers, Stocks. Bonds, Cot tea. Grain, fete. tlS-217 BOARD OF TRADfC BIJDO, Walla Walla, Wash, Portland. Or. f enuietvo. Or. If EMBERS CHICAGO BOARD OW TRADE. Correspondents of Lognn M rlryaa Chicago aad New Vork. MKMIIKRS New Tork Kieck Esrhango, Chicago Mrk Ksi-liango, Boston Stork Exrliange. 4'tiU'ago Hoard of '1 rade, Ns York Cotton ftCxrhangs. New Orleans tcittoa r.ichango, New York Produce t-.xchause Winnipeg Grain tvsrhang. Liverpool Cotton A aam-AaUoay rClear Pt. cloudy TA. M. today, ceeding day. P. M. report of pro- FORBCASTS. Portland and vicinity Sunday, fair; easterly winds. Oregon Sunday, fair; gentle easterly winds. Washington Aunday, fair except prob ably rain near the coast; fretfh southerly winds. Phone your want ads to The Oro E0Clant Main .7070, Automatic 580-I5. Seattle Grain Market. HT5ATTLK. April 9. Wheat, hard white and soft white, $1.15: white club. $t.l3; hrd red winter, soft red winter, northern spring and eastern red Walla, $1.10; Big n.nri hlurstem. fl.20. City dellvey Feed Scratch feed, 59; baby scratch feed, 71; feed wheat, 52; all grain chop, $43; oats, $42; rolled oats. $44; sprouting oats, $4T; whole barley, $0: rolled barley, $43; clipped bsrley, $47; milled feed, $33; bran, $33; whole corn, $39; cracked cora, $41. Hay Alfalfa, 94; double eompressed alfalfa. f30; timothy, IM; eastern Wash MEXICO WORLD'S RICHEST EMPIRE If your blood still leaps at the call of a "new-horn OITOKTU NITY." send for maps, pictures and interesting; information about this "New Eldorado." It will (lr your blood with the spirit ot a pioneer. Fit-EE, IF SEVT FOB NOW W.W. Duncan 301 Calrnf-lrn BulMIng haa Antonio Trxaa HERRIN & RHODES, Inc. (Established IRM) BROKERS MEMBERS CHICAGO BOARD OP THADU. Correspondents. K. F. FltTTTOX at CO. Member. Now York Stock F.s. rfcange. Private leased W Ires Direct to All security and Com modity Markets. LIBERTY AND VICTORY BONDS BOUGHT AND SOLD MAIM ZN3 and 2M4) Ml-a RAILWAY KACtt. BLDQ.