THE SUNDAY OREGOXIAX, PORTLAND, MAY 15, 1921
19
OLD POTATOES ARE
GOING OUT BETTER
Renewed California Demand
Due to Short Supplies.
PRICES LITTLE CHANGED
Best Stock Will Probably Clean t"p
la This State Farmers Are
Feeding Low Grades.
Potatoes moved out better during the
week. There was some improvement in
the California demand, as receipts at
southern points were lighter. Shippers
In this state paid up to $1 to growers for
the best stock and did not care to go
higher. Ordinary grade potatoes were
taken around 75 cents. It is probable
that the best quality will now be cleaned
up, and as for inferior potatoes farmers
are fast disposing of them by feeding
to stock.
The local Jobbing demand for old po
tatoes continues limited. New Callforni
potatoes are plentiful and lower. Garnets
selling on the street at 6&6c a pound.
The movement of old potatoes through
out the country is liberal, averaging about
2500 cars a week. The surplus movement
exceeds that of several previous season's.
If the present rate of shipment should
continue for two weeks more the season's
total will liave reached 150,000 cars for
'the main crop.
Old potatoes are generally steady
throughout the east, though some sales
of New York round white stock were
made below $1 a hundred. The closing
range on sacked whites was 90c$1.10.
At shipping points prices were from 60
to 70 cents and the Chicago carlot market
was 80 to 00 cents.
The general recovery In the markets for
Florida new potatoes was well maintained
and most eastern cities reported moderate
acKances. Spauldlng Rose closed 25 to 50
cents a barrel higher In consuming mar
kets, at $86? 9. In middle western cities
Texas Bll.ss Triumphs were eaMer at $4.25
4.73 a hundred. The movement of new
potatoes is naturally Increasing.
Some Irregularity has appeared in the
markets for new onions, prices advancing
moderately in eastern cities to a range
of fl.tto to $li per standard crate of mixed
No. 1 and - yellow Bermuda stock, com
mercial pack, while values declined 10 to
25 cents per crate in the middle west,
closing $1.25 to $1.75. Prices recovered
last week's decline of 15 to 20 cents at
shipping points, closing around $1 for sales
on wire orders. During April Texas
shipped 2116 cars of onions, compared
with Hi67 cars in April. 1920. The move
ment decreased moderately in the past
week, with 579 cars, compared with 664
cars the preceding week. Movement from
Cal 1 fornia has been retarded th ts season
in contrast with the earlier movement
from Texas. Thirteen cars were reported
from California the past week, compared
with 219 a year ago.
age and limit their bids strictly
price. The movement of prints
the slow course of other commodities
died at retail.
Eggs were steady with cash buyers pay
ing 19 cents for the day's receipts, and the
same bid holds good for Monday.
Poultry was scarce and firm at Friday!
prices. Arrivals of country dressed meats
were also light. The demand was slug
gish and prices were weak.
5 EXPORT BUYING IS LARGE
FOBEIGXERS ENTER MARKET
WliEX PRICES DROP.
Bank Clearines.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland . . .f-l.13tf.S47 47.733
Seattle 3,tM4,102 764.722
Tacoma 402.321 84.292
Spokane 1.646.4U0 611.720
Clearings of Portland, Seattlf and Ta
coma for the pa5t week and correspond
ing week in former years were:
Portland. Seattle. Tacoma.
1021.. $28,523,524 f27.4ffj.lo8 $3,062,940
1920..
1919..
1918. .
1917..
KtltJ. .
1915. .
1914. .
i:H3. .
6.l2'.t,0.-.2
4.H85.100
5.117.391
ft.WX.24ft
2.342.HH8
1.770.641
2.175.661
2.697.623
4.004.033
3,997.353
Linseed Oil Is Higher.
An advance of 6 cents a gallon in lin
seed oil prices was announced yesterday.
Raw oil is quoted at 99 cents, barrel ba
sis, and boiled oil at $1.01.
37.52K.228
... 31.89,929
... 21.717.160
... 13,245.497
... 10.607.090
... 10.031.629
. .. 11.810,602
... 11. 007.7341
1912 9.831.306
1911 6.7S6.127
40.N48,::04
3S.029.8S5
37. 400.677
21.539.404
14.258.641
11,943.227
12,009.388
12.02S.076
11.33S.X37
10,346,824
PORTLAND MAKKET QUOTATIONS
Grain, Flour and Feed.
Merchants' Exchange, noon session.
Wheats Bid
May. June.
Hard white $ 139 $ 1.87
Soft White . 139 1.3T
White Club 1.38 1.37
Hard Winter 133 1-32
Northern spring ... - 134 1.33
Red Walla 1.80 1.30
Oats
No. 2 white feed . 81.00 31.00
No. 2 gray 30.00 30.00
Barley r
Brewing 24.50 24.00
Standard feed 22.00 22.00
Millrun 27.00 1!7.00
Corn " j
No. 2 E. Y. shipment 32.00 31.75
No. 3 E. T. shipment 31.00 30.50
FLOUR Family patents, $S.C0 per bar
rel; whole wheat $7: graham $6 80: bakers'
hard wheat, $8.25: bakers' bluestem pat
ents, $7.75; valley bakers', $7.25; straights
$7.25.
MILLFHED Prices f. o. b. mill: Mill-
run, $30 per ton; rolled barley. $38fe)40;
rolled oats, $40; scratch feed, $51 per ton.
CORN Whole, $38; cracked, $41 per ton.
HAY Buying prices f. a. b. Portland:
Alfalfa. $18fel8.50 per ton; cheat, $22423
per ton; clover. $16; valley timothy, $24
2o; eastern Oregon timothy, $2o.
Dairy and Country Produce.
BUTTKR Cubes, extras, 25c lb , prints.
parchment wrapped in box ots, 30c:
cartons, 31c. Butterfat. buying price: A
grade, 25c; B grade, 23c, Portland deliv
ery.
EtiGs Buying prices, case count, life
delivered. Jobbing prices to retailers
Candled ranch. 21c: selects. 24c.
CHEESE Tillamook triplets, price te
obbers f. o. b. Tillamook. 19c; Young
Americas. 20c pound.
POULTRY Hens, 18 25c pound; ducks.
ominal; geese, nominal; turkeys, noiu
in a I.
PORK Fancy, 14$pl4ttc per pound. (
VEAL Fancy, 13& 13Vc per pound.
Early "Weakness Due to Restrictive
legislation ; Little Change
In Final Quotations.
CHICAGO, May 14- Grain traders, in
fluenced by the passage of the Tincher
bill by the national house and the pros
pects of restrictive legislation in Illinois,
drove at prices on the board of trade. But
when wheat reached a point 6 cents under
yesterday's high, export buyers poured or
ders Into the pit and practically all losses
were recovered in the final 15 minutes.
May wheat closed at yesterdays' final of
$1.43 H to $1.43 4 and the rest of the
list was only fractionally lower.
Sentiment that the effect of the Tincher
bill would be to restrict trading and re
sult In lower prices was The chief factor
In wheat. May started down at the open
ing and there was little support in evi
dence. Some local commission nouses,
which bought early, soon switched their
trades and to the effect of this were added
reports of beneficial rains in Oklahoma
and the Texas panhandle and advices that
wintry weather in Nebraska had not done
any great damage. Toward the close, the
usual week-end covering had only fairly
started when the big buying drove the
entire list upward. I
Corn and oats were generally m tune
with wheat, but the former met some sup
port on seaboard demand that served to
narrow price fluctuations. Country oiler
in its Increased.
Provisions; after a fairly firm start,
eased off in .sympathy with grain and
hos:s.
Government figures on the 1921 yield of
winter wheat have done a good deal this
week to put the wheat market on the
down grade. Compared with a week ago,
wheat prices this morning were 1 to 5c
lower, whereas corn was up Ho to lc and
oats showed gains of H to c. The pro
vision list was unchanged to o0c off. Al
though the official forecast of winter wheat
production proved to be considerably un
der what the majority of traders had
looked for, the total nevertheless appeared
sufficient to justify much of the heavy
elling done before the report was issued,
Tradition that this was a period which an
nually has been adverse to the buying side
tended also to weaken the market, not
withstanding that transient rallies were in
duced by settlement of the German repara
tions matter and by a statement of the
secretary of agriculture favoring general
higher prices than before the war. Mean
while reports showing crop deterioration in
the southwest failed to have any lasting
new effect and the success of the emer
gency tariff bill in the senate and of the
Tinchner bill in the house rainy counter
balanced each other aa t-J immediate re
sults on prices.
1.75; No. 2, $1.391.41; No. 3, $1.351.44;
No. 1 northern, I1.4H&1.4S; No. 2, 51.37$
1.43; No. 3. $1.34 01.36. ,
Barley, 48 & 62c
Flax, No. 1, $l.B0Hei-S2.-Futures
Wheat, May, $1.37tt; July.
1121.
Car Receipts.
Car receipts were: Kansas City, wheat,
i8o vs. 142; corn, 81 vs. it; oats, 3 ts. oc
St. Louis, wheat. 25 vs. 4(f: corn. 43 vs.
33: oats. 85 vs. 50. Omaha, wheat, 43
vs. 57 ; corn, 37 vs. 45 ; oats, 6 vs. 12.
Minneapolis, wheat, 173 vs. 126; com, 14
vs. ; oats, 10 vs. 9; Dariey, o vs.
rye, 12 vs. 9.
Winnipeg Grain Market.
WINNIPEG, May 14. Wheat. May, $1-79;
July, $1.471 ; September, $1.23.
Dulutb Linseed Market.
DULUTH, May 14. Linseed on track
and arrive, 180.
Grain at ban Francisco
SAN FRANCISCO, May 14.-Gran
Wheat Feed, $2&2.25; milling. $2.10
2.35; corn, white Egyptian, $2.20 ffc 2.25;
red milo, 91.75?1. $5; barley feed, J 1.20 if
1-27: shipping. $1,3541.33; oats, red
feed. 9L4u&1.60
' f
WHEAT BUYING OF FAIR VOLUME
Prices steady at Close- of Week May Tel-
low Corn Sold.
There was a steady volume of business
in the wheat market throughout the week
and up to the close. The buying was scat
tered, but the aggregate was of very fair
proportions, notwithstanding that quoted
values are practically the same as bids
from foreigners. Farmers at ho time dur
ing the week seemed disposed to press
sales on the market. Bids at the Mer
chants' Exchange were the same as Fri
day, except on red Walla, which was 2
cents lower.
' One hundred tons of No. 2 easttrri yellow
corn were sold at $32 for May shipment.
Other coarse grains were steady.
Another advance of $1 a ton in millrun
was announced during the day; the new
quotation being $30 f. o. b. mill.
Eastern crop reports continued variable.
John Inglis wired from Dodge City:
"Hutchison to Dodge City and from Pie
vina to Mackvllle had good rain a week
ago. which helped wheat; color good, make
eight to 15 bushels. West from Kinsley to
North Falls down, stand thin, short and
very late. Frost hurt this section. Cool
and cloudy now. Temperatures are much
too low for proper progress ef the crop."
The Colorado crop report was favorable
on wheat. Omaha reported that Fillmore
County, Nebraska, would not raise 40 per
cent of a crop, duo to the freeze in April.
There was heavy frost and ice at Omaha
Friday night.
The condition of winter wheat in Cali
fornia is 80 per cent, the same as a year
ago. Production indicated is 8,383.000
bushels from an area of about 505.090
acres. The Indicated production of hay.
3.656,000 tons, which includes alfalfa.
grains cut green, other cultivated grasses
and wild hay.
Terminal receipts. In cars, were reported
by the Merchants Exchange as follows:
Wheat. Bar. Fir. Oats. Hay
Portland. Sat... 74 ... 5 2 10
Tear ago 10 ... 32 10 n2
Total this week. 56 1 48 16 33
Year ago 153 I 58 19 33
Season to date. 17.059 24R 9S5 536 2347
Year ago 8,106 175 3784 475 2127
Tacoma. Friday. 10 ... 3 3 3
Year ago IS ... 7 ... 2
Son sun to date. 4.443 51 962 171 924
Year ago tt.7P8 94 30i6 176 829
Seattle. Friday. 4 . . . 14 4 5
Year ago ft ... 4 ... 3
Season to date. 4.454 212 4$6 442 1398
Year ago 6,005 244 1117 643 1185
SLOW MOVEMENT IN APPLE TRADE
Berries Interfere With Demand; Prices
Are Holding Steady.
There was only a small demand for
apples locally, as might be expected with
the berry season on. Winesaps were held
at $2.23 3, Spitzenbergs at $2.252.50 and
Newt owns at $2.2562.50.
Northwestern extra fancy Winesaps Were
steady at Chicago at $2.753.25 for large
rises and $26 2-50 for small sizes.
Good quality barreled apples have been
In demand in eastern city markets, A
range of $H to $7 per barrel for New
York cold storage Baldwins Included most
sales of the week. Boston reported a good
movement with values as high as IS and
best quality apples were well taken in
New York up to $8.50.
The movement of both barreled and
boxed apples was nearly constant. New
York state shipping most of the barreled
stock and Washington nearly all of the
boxed.
BfSRIES FIRM WITH GOOD DEMAND
Higher Prior On Oranges and Florida
Grapefruit Are Indicated.
Receipts of California strawberries were
liberal yesterday and as the demand was
good they cleaned up readily. The best
brought $3.50. A number of crates of
Oregoffs were received and sold at $5 5.50.
FV'rtda grapefruit and California oranges
are firm with higher prices quoted at ship
ping points, which means an advance in
quotations here In the near future.
Another car of Florida pineapples is due
Monday. They will sell at $8.5009 a crate.
or $4.0 a dozen for the 24 or 30 sizes.
The asparagus market is weak and will
probably be lower in the coming weak as
the favorable growing weather will mean
heavier receipts. Kentucky Wonder beans
are being quoted at ?0v2Sfe cents a
pound.
Fruits and Vegetables.
FRUITS Navel oranges, $3.7505.75 per
box: lemons. 53. 5 grapefruit. $39
25 per box; bananas, 9fc 10c pound; ap
ples, $1.25 rg 3 box; strawberries, $d.4Utf
50 nor crate: cherries. 2-jc per pound.
VEGETABLES Cabbage, 45 pound;
lettuce, $3.75(4 per crate; carrots, $ 1.59,
per sack : garlic, 20c per pound ; beets.
$1.50 per sack; green peppers. 30 50c per
pound; rhubarb, 4 Iff 6c pound ; spmacn,
7$ 8c per pound; turnips, $1.503 per
sack ; tomatoes, $4 per lug; cucumbers,
$1.75 to 2.75 per dozen; peas. 14 16c per
pound ; asparagus, $1.40& 1.50 per dozen;
beans, 2022c.
, POTATOES Oregon, $1.25 1.50 per 100
pounds; Yakima, $1.752; new California,
5 &Hc per pound; sweet potatoes, $3.75
per crate.
ONIONS Oregon, 75cJ?$l per sack; new
crop. White, Bermudas, $2 per crate.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane granulated.
7.85c per pound; beet, 7.65c per pound.
NUTS 'Walnuts. 80p3Uc pound; Brazil
nuts,, 30c; filberts, 12c; almuftds, 24(&30c;
peanuts', 8(tfllo per puuud; coco a nuts, $1.75
per dozen.
RICK Blue Hose, 6c per pouna; japan
style, 4c per pound.
BEANS Hmail white, c; pins:, 740,
lima, 8c; red. 8c per pound.
COFFEE Roasted, bulk, in drums, 14
36He per pound.
SALT Granulated. bale, $3.404.25;
half ground, ton, 50a, $19-75; 100s, $19.25;
lump rock, $20.50.
DRIED FRUITS Italian prunes, 6Vjc
pound; dates, $4.256.85 per box; figs, $2
r5.25 per boa. .
Hides, Hops, Etc
TALLOW No. 1, 3 '-4 6 4c; No. 2, 24 3c
per pound.
CASCARA BARK 1920 peel, 7c pound;
1921 peel, 6c pound, delivered Portland.
HOPS 1920 crop, beat, 20c per pound.
HIDES Salted country hides. 4c deliv
ered Portland; grubby hides, 3c; city calf
skins, J2c; country calf skins, 10c; good
kip. 6c: grubby kip, 4c.
WOOL New clip. 1020c per pound.
MOHAIR New clip, 166? 13c per pound.,
The Chicago market letter received yes
terday by the Overbeck & Cooke company
of Port and said:
Wheat Sentiment over night was quite
bearish, due to the fear of legislative
interference with the marketing condition)
as history reveals that such measures have
almost Invariably proved reactionary rroro
the intended purpose. The selling, how
ever, was absorbed in a convincing way
and towards the close the market gained
pronounced strength on buying by sea
board interests, followed later by reports
of fully l.oOO.OoO bushels having been
taken for export. There has been very
little foreign buying for several days past
and this development was naturally con
sidered very constructive.- Clearances for
the week were over 7,000,000 bushels, and
if they continue at that rate very long it
will undoubtedly mean depletion ef sup
plies towards the end of the crop year.
Out of the total visible of 12.000.000
bushels, there is only 6,000,000 at termi
nals. The remainder hw.at ports and as
good as gone. Crop reports today were
mixed. Unless we get some good growing
weather in the very near future, well
founded damage reports are very apt to
become numerous and bring about a
higher level of prices for the July delivery.
Corn For the majority 01 tne ession
buying power was lacking and prices re
ceded quito rapidly, under the pressure
of selling by commission houses and by
cash interests in the nature of hedging
a train- Durchases in the country. Re- I
ceipts were only .0 cars and met a gooa
demand at yesterday's basis. Shipping
sales of 115.000 bushels were reported,
including 50.000 to exporters, and it was
Inrimntod that a good-sized export busi
ness was being done, but not reported.
We consider the action or tne martiei
towards the close indicative of a strong
position.
Oats Declined with otner grain ana
1 selling Inspired by the absence of
further damage reports. It would be no
surprise, however, to hear many com
plaints next week as a result of the low
temperatures. The cash market was
steady.
Rye .Persistent buying or juiy oy sea
board interests was the outstanding fea
ture and offset the liquidation induced
by the weakness in wheat. Cash rye was
easy at 4 cent over May bid for No. 2
on track.
Leading futures ranged as follows:
WHEAT,
Open. High. Low. Close.
May... $ 141 $ 1.44 $ 1.40 $ 1.43
x. 10 3
CORN.
.65
OATS.
.39 14
.40 H
Seattle Grain Market.
SEATTLE, May 14. Wheat Hard white,
soft white and white club, $1.39; hard red
winter, soft red winter, northern spring
and eastern red Walla, $1.34; Big Bend
bluestem, $1.40.
Jrity deIivery: Feed, scratch feed,
550 per ton; baby scratch feed, $67; feed
V. rr' a" 6Taln chop. $42; oats, $39;
loncu oats, sprout oats, $44; whole
bar ey, $30.. rolled barley $41; dipped
u . ' ' muiea teed. $30; bran, $30
whole corn. $40; cracked corn. $42.
-ir ?f"Lf,aIfa' 124 ton: double compressed
alfalfa. $31; do, timothy, $35; eastern
..HimfliUU mixeq, 130; straw, $24.
NO RAIL RECEIPTS AT THE YARDS
Aiaraec la Steady in AU Division at
Close of Week.
There were no rail arrivals of livestock
at the North Portland yards yesterday and
the drive-ins were few in number. The
only sales were 4 hogs, averaging 160
pounds, at $9.75; 9 hogs. 184 pounds, at
$9; 1 cow, 1160 pounds, at $6. and 4
calves. 120 pounds, at $8.75. The tone of
the market In all divisions was' steady at
the close.
Prices on the various classes of livestock
at the yards follow
Choice steers a nnfi) rts
Medium to good steers 7.25 8 00
Common to good steers!!!.'.". 5.50 650
Choice cows and heifers 6,5S) 7
Medium to good cows, heifers 5 75 6 '5
rair to medium rnw y,orara k or. c'-
Common to fair cows, heifers 5-25 3! 75
... 3.505tj 5.50
. .. 3.30 ft 3.50
. .. lO.OOr&ie.OO
. .. 9-50tfi.10.50
. .. 6.500 9.50
. 4.no 6.00
. .. 6.25 6.75
5.75 6.25
250 to 300 lbs.
300 lbs. and up
Canners
Bulls
Choice dairy calves ..
Prime light calves ...
Medium light calves .
neavy calves
Best feeders
Fair to good feeders.
Hogs
Prime light
Smooth heavy.
Smooth heavy,
Rniierh Yicaw
Stags . ... I !!".!!!!!!!! !
Fat pigs
Feeder pigs
Sheep
Prime lambs
Fair to (rood
Cull lambs
eeder lambs
Light yearlings
Heavy yearlincs
Light wethers
Heavy wethers
Kwes
9.25 9.75
7.50 8.50
6.50 7.50
6.00 7.50
4.00 7.50
9.00 9.75
8.50 9.50
7.50 8.00
6.50 7 50
5.00 6.0(1
8.00 5.00
5.00 6.00
4.50 5 00
4.50 .00
3.50 4.50
1.00 4.25
July..
July..
Sept. .
1.14
.62
.64
1.12 1-15
Chicago Livestock Market.
CHICAGO. May 14. (United StRte Tin.
reau of Markets.) Cattle Reclntn mnn
head. Compared with week ago; beef
steers, she stock. Blockers and feeders, 25c
to 40c higher: bulls steady; veal calves 50c
lower; top beef steers for week. $9 75
Hoga Receipts. 3000 head. Mostly 10c
15c lower than yesterday's
ight weights off most; holdover lirhf
weak: top $K.95; bulk. $8.258.75: nien
steady to 15c lower; bulk desirable, $8.50
8.75.
Sheep Receipts. 7000 head. MnHv
pacKers mreci; supply on sale all Nebraska
uppers, going to shippers at srenriv
prices; compared with week ago, aged and
new crop Iambs mostly SI to $1.50 hicher:
shorn yearlings, 25c to 50c higher; feeder
lambs nominally steady.
Omaha Livestock Market.
OMAHA, May 14. United States Bureau
of Markets.) Hogs Receipts, 4700 head.
Fairly active, steady with yesterday's av
erage: bulk 180 to 240-pound butchers.
$8.2568.40; top $8.50; bulk butchers, 250
pounds and over, $7.808.15; packing
grades, smooth, $7.25 7.75.
Cattle Receipts, 400 head. Market, com
pared with week ago: Beef steers, mostly
50c higher; top, $8.85; she stock, 5075c
higher; bulls, canners, cutters and veals,
25 50c higher; stockers and feeders
strong.
Sheep Receipts, none. Market, com
pared with week ago: Spring lambs 50c ,
higher; wooled and clipped lambs fully
Portland Flouring Mills Company
First Mortgage, 8 Fifteen-Year Gold Bonds
Dated February 1, 1921 Due February 1, 1936
Coupon Bonds in $500 and $1000 Denominations
SECURITY: These bonds are secured by a closed first mortgage on all
the assets of the company.
Fixed assets appraised as of February 8, 1921, by the General Appraisal
Company are $5,409,655.64, and net current assets, certified as of Febru
ary 12, 1921, by Messrs. Haskins and Sells, $3,764,282.31, making the total
property value $9,173,937, against which $3,000,000 are a closed first
mortgage.
These bonds represent the only mortgage indebtedness of the company,
and are followed by $1,000,000 of 7 Preferred Stock and $1,500,000 Com
mon Stock, and are further protected by a surplus and undivided profits
account of $2,016,818.45. . ; '
EARNINGS : Annual net' profits, after taxes available for the payment of
bond interest, as certified by Messrs. Haskins and Sells:
Six-Year Average ;$ 936,600
Year 1920 1,382,817 :
Annual Bond Interest ........ ;.. . . .'. 240,000
The Portland Flouring Mills Company has been in successful operation
since 1884. The company is today the largest manufacturer of flour in the
Northwest, having a total daily milling capacity of 10,000 barrels of flour.
All legal matters have been passed upon by Messrs. Teal, Minor and Winfree of Portland
PRICE 100, YIELDING 8.00
Call at Our Office, or Write Today for Complete Descriptive Circular. Additional
Information May Be Obtained or Bonds Purchased Through the Following Banks:
Bank of California, N. A.
United States Nat'l Bank
Security Savings & Trust Company
Northwestern National Bank
REMEMBER THIS We are distributing to our clients and other interested
readers of The Oregonian, three books:
ELEMENTARY PRINCIPLES OF SAFE INVESTMENT
- INVESTMENT OPPORTUNITIES OF TODAY
INVESTMENT RECORD BOOK
Blyth, Witter. & Co.
UNITED SEMES GOVERNMUTT KDNIdPAL AUD CORPORATION BONDS
Government, Municipal and Corporation Bonds
' YEON BUILDING, PORTLAND
Telephone Main 8183
1 Hi'
Copper
Stocks
Forging
Ahead
With growing indications
of the development of a
broad forward movement
in the copper stocks, it is
of particular interest iust
at this time to know what
companies are in the
strongest physical position.
That knowledge will serve
as a basis for deciding
which of the copper stocks
are most attractive.
We have given consider,
able attention to the cop
per stocks recently and
have prepared a special cir
cular, copies of which will
be sent gratis.
Ask for Circular TG-B2
&RRLE5RClBRK5DN&
66 BROADWAY NEWY0RK
TELEPHONES : RECTOR 4663-4
50i75c highert sheep 25c higher; feeders
steady. -
Kansas City livestock Market.
KANSAS CITT, Mo., May 14. (United
States Bureau of Markets.) Cattle Re
ceipts. 450 head. For week: Beef steers,
mostly ISc to 2jc higher: she -stock and
mulls steady to strong; canners, stockers
and feeders mostly steady: killing calves
75c to ti lower; stocK caives ouc
Hogs Receipts. 1400 head. Active and
atrone. with yesterday's average; top,
S8.50: bulk of sales, 8.108.35.
Hheep Receipts, 800 head. For week:
35c to 50c higher; lambs around 750 high
er; spring janiuB. fully jl higher.
Seattle Livestock Marke.
SEATTLE. May 14. Hogs and cattle
steady; no receipts.
. New Sork Sugar Market.
NEW YORK, May 14. Raw sugar, 4.8c
for centrifugal. Refined. .30c to .uc
for fine granulated.
Dried Fruit at New York.
NEW YORK, May 14. Evaporated ap
ples nominal. Prunes scarce. Peaches
steady. -
Kelso Scliool Has Exhibit.
KELSO, Wash., May 14. (Special.)
One of the finest school exhibits
ever made here was that of the Catlin
gramme was also given, and the sev
enth and eighth grades of the school
had a baseball game, the seventh
graders triumphing-. O. B. William-
school yesterday afternnon, A pro- aim Is principal of the school
.61
.34
.2'4
July.
Sept.
.39
.40
.384
.3!)
.3!'J
.40
MESS PORK.
Provisions.
HAMS All sizes. 30937c; skinned, 26
36c: picnic. 174!'luc; cottage roll, 30c
BACON Fancy. 4Hd3c; cnolce, 30JP
35c; standard. 2628c.
LARD Pure, tierces, lie pound; com
pound, tierces, 12c.
XJKx SALi tsacKS, piaiest las.
SiTOREKS LARUE TAKERS OF BITTER
No Early Change In Market Is Indicated.
Eggs at 19 Cents.
No change either up or down In the but
ter market is probable. Buyers are willing
I pay si cents for extras to go into tur-
Oils.
LINSEED OIL Raw, In barrels, Sfic;
fiva-gallon cans, SI. 14. Boiled, In barrels.
11.01; five-gallon cans, S1.1S.
TURPENTiNis in arums, bic; iive-gai-
lon cans. $1.12.
WHITE LEAD 100-lb. kegs, 13o per ID.
COAL OIL Tank wagons and Iron bar
rels, 17 He: cases, 30 37c
UASOL1NK Tank wagons ana iron bar
rels, 28c; cases, 40M:C
SAN FRANCISCO PRODUCE MAKKXT
Prices Current on Vegetables, Fresh Fruit
Etc., at Bay City.
SAN FRANCISCO, May 14. Vegetables
Asparagus, 3'12c; new potatoes, 2
3tyc; sweets, .Nancy nan. sotffo; onions.
Australian browns 40o0c; green. $1.70
1.85; celery, nominal; garlic. tife8c; bell
neopers. 1040c; peas. 5 10c; rhubarb, Al
ameda, fl.WaJ; lettuce, 1181.70 crate;
artichokes, nominal; spinach. 234c; string
beaus. 6&12Vic; wax, 7iti9c; Kentucky
Wonders. 10&12Vjc; eggplant, nominal
sacked vegetables, nominal.
Poultry Hens. 23 30c; strictly young
roosters, 45j50c; eld, 12l& 18c; fryers, 45
50c: broilers, 28u4Jc; squabs, 50vo2c
pigeons. $3g3-50 dozen; Belgian hares.
live. 23 ft 25c pound.
Fruit Oranges, navel, 9--T3&3; Valen
cia, $33.5; lemons, $2.50(4; apples.
$1S1.50: strawberries. toctjsl drawer,
fl.75l2 crate; raspDernes, 93 3.50
crate: banas, logrjoc pound: avoca
does. $2fr5 dozen; cherries, $1.7562.25
flat box. 7K&20C lb.: apricots. J 2412.50
4-basekt crate; grapermit e-3.i5.
Receipts r lour, 945H quarters: wheat,
!M0- centals: barley, 3248 centals; beans,
5 sacks, corn, 820 centals; rye, 5 centals:
potatoes, 1220 sacks: onions, 26 sacks; hay.
141 tons; nidts. M3 bundles: lemons. 800
boxes; oranges. 600 boxes; livestock. 1455
QUOTATIONS ON DAIRY PRODUCE
Market Prices Ruling- on Butter, Cheeae
and Eggs.
SAN FRANCISCO, May 14. Produce ex
change closed.
CHICAGO, May 14. Butter Lower.
Creamery extras, 30c: firsts. 25&2749c:
seconds, logtc; standards, .7c.
Eggs Lower. Receipts 27.034 cases;
flrsta."2H21i,c; ordinary firsts. IS&IUc;
at mark, cases included, 2020tsc; stand
ards, 21 isc
NEW YORK. May 14. Butter, steady.
Creamery higher than extras. 30ftt31c:
creamery, extras, 30c; do. firsts, 25Vs4j
2UC
Eggs Weak, unchanged.
Cheese Irregalar. unchanged.
SEATTLE, May 14. Wholesale prices to
dealers:
Eggs Select local ranch, white shells,
24&2tjc: do. mixed colors, 22 & 24c; pul
lets', 19820c
Butler City creamery. cubes, 29c;
bricks or prints. 30c; country creamery
extras, cost to jobbers, in cubes, 25c
May.
July..
17.00
17.25
July...
Sept.. ,
July...
Sept.
LARD. '
9.05 0.05 0.80 9.80
10.27 10.27 10.15 10.15
SHORT RIBS.
1002 10.02 9.95 10.00
10.32 10.32 10.25 10.25
Cash nrices were:
Wheat No. 2 hard, $1.51.
Corn No. 2 taixed, 60 & 61c; No. 2 yellow,
61c.
Oats No. 2 white. 38i438Vjc; No. 3
white. 38 fc 380.
Rye No. 2, $1.3814.
Barley 606 72c.
Timothy seed $4.50(86.
Clover seed $13 ft 18.
Pork nominal.
Lard $9.50.
Ribs $11.50610.30.
Minneapolis Grain Market.
MINNEAPOLIS. May 14. No. 1 red
spring. $l.3&1.43; No. 2. $1.35Q1.39: No.
3, $1.33&1.34; No. 1 dark hard Montana,
$1.541.56: No. 1 - hard Montana, $1,496x1
1.51. No. 1 dark northern fancy. $1.3'5r-
We Will Sell
2000 Alaska Peat & Coal 09
1000 Amer. Telegraphone .35
"r0 Amer. Lifeograph Bid
-.'OAlbers Grain & Mill 65.00
10 Dollar Steamship Co 7XQ0
'M Oregon Pulp & Paper 3 per
cent pfd 95.00
2. Hood River Apple Vinegar. . .93. ."iO
20 Pacific States Fire 20.00
100 Western Rubber Co 4.2S
Unlisted an0 Curb Storks and Bonds
bought or sold on any market.
G. B. Harrington Co.
Main 3817
405 Title ft Trust Bldg.
General Obligation Coupon Warrants
of
Sunnyside Valley Irrigation District
Sunnyside, Washington
Ihis is a municipal security similar to the local improvement
coupon warrant, which we have been offering, but is strictly a
general obligation of the entire irrigation district. This district
comprises more than 80,000 acres of . irrigable land of which
75,000 acres are under cultivation, the conservative value of the
land and improvements being more than $16,000,000.
A block of $25,000 of these warrants will be issued tinder date
of July 1, 1921. Denominations, $100 and $500. Maturity on or
before five years, although it is believed they will run five year3.
Interest 8, evidenced by coupons payable semi-annually, Janu
ary and July 1. They will be offered at par and accrued interest.
Detailed information upon request.
G. E. RODMAN, Secretary.
Cotton Market.
NEW YORK. May 14. Spot Cotton.
quiet. Middling, 12.50c.
THESE ARE HARVEST DAYS
FOR THE SMALL INVESTOR
The whole world Is bidding for
money at the highest interest
, rale In all history.
Today you can get $10 on every
J 100 with safety on a certain
high-grade preferred stock with
valuable "rights."
Write for Financial Statement,
. Bank References, etc.
J. El THOMSON & CO., INC.
126 Liberty St., New York
Subject to Allotment of Our Participation, We Offer:
E. I. Du Pont De Nemours & Co.
- 10-Year 7'j Gold Bonds
Dated May 1, 1921. Due May 1, 1931.
Denominations $1000, $500 and $100.
at 100 and int. to yield V2
This corporation represents development of business, successfully
operated for 119 years.
Total assets $280,000,000.
Details furnished upon request.
E L Devereaux Rgmpany
87 Sixth Street
Investment Bonds
Portland, Or.
Phone Bdy. 1042
FIRST MORTGAGE
FIVE-YEAR GOLD NOTES
Washington -Idaho Water, Light
& Power Company
v " . TRUSTEE:
GUARANTY BANK & TRUST COMPANY
Seattle, Washington
Character i . . . . . First Mortgage
Authorized .,.fc..I.,. ,; $300,000
Amount to be sold . . . $200,000
Date of Notes . .April 1, 1921
Date of maturity. . ..... . . .April 1, 1926
Denominations .,...,...$100 and $.500
SUBJECT TO REGISTRATION
Interest 8 Payable, semi-annually, April 1
and October 1 Callable, 105 Any Interest
Date Price, Par Plus Accured Interest.
The Market
Has Turned
Stock market pr!ri- are
now starting to climb to
ward levplB that ate mora
in keeping with true In
trlnsio values.
NOW IS THE TIME
TO BUY
Before the advance ha rained
its full momentum. We can
help you to take HtlvantHire of
present low prices .N O W,
through our
Pay-in-a-Year-PIan
Booklet Free on Kcqucst.
Our
Weekly Market Letter:
will help you to decide which
storks pnxne the pTeatnm
profit possibilities at the pres
ent. II. & B. WOLF & CO.
MrmhfrR CnMaollf.fi Off 9 lock
l:&4-hanne ot V .
3KA Mallinn Avmi w York
rk.ladrlpli.fi i;ti Walnut M.
TEXT BOOK
OF
WALL STREET
A 40-page book (copyrighted)
discussing: clearly and unmis
takably rules governing; stock
market transactions:
Mrtkmla of 1 Tad In a;.
ComanJaalon Itat e.
How 1 Oprs mm Aemant.
Anicmrnlfnv One's Income.
Drnonit Requirement for t ar-
rylnjr Mock oa .Account.
Dictionary of Mali Street.
HlKtorr of the New York stock
Exchange. ;
Hlxtorr of the New York Curb
Market.
Foreiarn Exchange,
And ninny other auhjeeta of In
terent to Investors and ators.
traders.
Copy free upon request. ;
McCall & Riley Co., Inc.
20 Broad Street New York
LEGALITY OP ISKl Kl
Bausman. Oldham. Bullett &
Eggerman, Seattle, Washington.
Security: Electrical distribut
ing systems in Lewiston,
Idaho, and Clarkston. Wash
ington. These notes represent a general
obligation of the company
and is the only funded debt
against the above property
and constitute a first mort
gage thereon.
I.IIRY COUPOKf
1921
WASHT.VGTOX-IDAHO W A T K R,
LIGHT & POWER COMPA-Nlf
Securities Department
3d Korthweatera Rank Bulldlas;,
s Portland. Ores;oa
Please Bend me further informa
tion about your First Mortgage
V Gold Notes:
Name
Street
City or Town . .
Phone.
m
PAYMENTS
Mert month Wva m Stcatlt
ISonci. Punch aaigr rmcwrvmm
dividends. Write fcr selecUd
ind. booklet -FR EE .
FM?GoVemC?
We Want a Reliable Distributor to Handle
a Valuable Local Automobile Franchise
ONE of the oldest and best established nationally known lines of
passenger cars and motor trucks including a new popular
priced 7-passenger touring model and a new speed truck with worm
drive rear axle at $1585 f . o. b. factory.
We want A DISTRIBUTOR equipped with facilities and executive
and sales experience to handle this franchise with direct factory
connections A DEALER who covers a limited territory with suffi
cient facilities and sales organization A BUSINESS MAN who is
looking for a real investment by building up a good paying business.
Your application will receive earnest consideration if mailed at once to
FACTORY REPRESENTATIVE, Box AV 622, Oregonian
Don't Wait Buy Today
OVERBECK &
COOKE CO.
Brokers, PtocW, Bnndft, Cottct.,
lint la, k.tCm
glft-217 ItOARD OF TfMPIB BLDfik
Malls U..IL, UUw
1'ortlnml, Or.
?ui(ileton. Or.
MEMBERS CfUrAGO BOARD 0
Cnrefponifenti of Lorwn M Brj&
Clife'iago and ISew Verk.
MKMHF.RA
KfW York 8tck Kirhntir
C hlrao Hlwk Eirhang.
lion ton tok Exchange.
C hlraco BoMrd of I rad.
w i ork Cotton En-lianr.
SW Or I run lot ton Kirhtncc
w Vrk IroiiH' Kirhaiiga,
inn) fx- Grain stsrhaiiga.
UvriMi CutUtn AawKiaUo-u
MEXICO
WORLD'S RICHEST EMPIRE
If your blood still leaps st the
call of a "new-born irl'OltTlJ
NITY," send for maps, pictures snd
Interesting- Information about tills
'New Eluorado."
It will fire yonr blood with tht
spirit of a pioneer.
FREE, IF K.T FOn KOW
W.W. Duncan
301 CalraalfM Btillrilns
Bmu Antonio '1'riaa
OVERNIGHT PROFITS
Overnight profits are beirif? made by purchasers of foreign
exchange, sterling, franca and marks all registering important
advances.
We advise Investors to take immediate advantage of exlstlnr
prices, and place their orders for either foreign exchange or bonds
with us. We sell foreign exchange on all continental European
. points, as well as the orient. We quVte prices and buy and sell
all classes of foreign bonds. Complete Information as to dating,
maturity and approximate yields of these bonds furnished upon
request. Many bonds offered today will never again be sold at
present low levels.
All foreign bondn sold on eon Ten lent partial
payment term. If desired.
Write immediately for fore I an market letter.
H. E. WILLS COMPANY
Foreign Bonds
316 U. S. Bank Bldg. Bdwy. 1011 . Portland, Oregon
HERRIN & RHODES, Inc.
(Establl.k.sl 1NM)
BROKERS
MEMBERS CIIICAC.O UOARO Of
THADfew
rormoaanta, K. K. flDTTOtt
CO. HCBtm rw lurk Mork Kl
caaas;. Arlvata L.raani I r.a
iirevt tm All brrorltr aad tun
SDUtlltr Market..
LIBERTY AND VICTORY BONDS
BOUGHT AND SOLD
MAIM ZK3 and XH4
S01-S HAILWAX iACll. DLDO.
ALLEN BROS. CO. ,
HROKKRH
'Corr.npomi.nts
The Chan. R. Mi Laia llrnk.rar Co.
Mabil.ht 1W r"iiver, CiHo.
hTKK CHAIN
(Stocks tl.td New Vurk Excb.njr.)
216-217 Chamber of Commeroa Ulilg.
I'liooe 611-16
Phons your want ans to Ths Oro
gonlan. Mala 7070, Automatic oSO-55.