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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (May 22, 1921)
19 THE SUJTDAY OREGOXIAX, PORTLAND, MAY 22, 1921 STOCK LIST EASES OFF EEARS FORCE PRICES DOWS OXE TO FITE POIXTS. Covering: Reduces losses at Close; Nominal Declines in Liberty 1 Bonds; Exchange Is Quiet. KEW YORK, May 21. Recent dividend omissions and lack of public Interest In duced further moderate selling on the stock 'exchange today. Bears found little trouble In eOrectlna declines of 1 to 2 points among; rails, 1 low A L .. a nnfnia In ntinmlrialm and s to ft DOint ' among specialties. Covering of contracts caved the tension In the better grades of Issues before the close. Sales were 300,000 shares. Trading in bonds were light. Liberty Issues closed at nominal losses. Total sales, par value, aggregated $4,500,000. The only feature of the clearing house statement was another deficit of J423.0O0 In actual reserves, following a decrease of lightly mora than 14.700,000 In caaji. In the loan account., marked disparity was anown Delwten average and actual con ditions, the former disclosing a decrease of slightly mors than 151,000,000, while the actual item disclosed a gain of 11,850,-000. beatings tn foreign exchange were re- l.Ouo 1,500 oo 100 200 loo 100 200 2.S00 300 5514 31 33 i 21 Un Rtl Stores 6014 U 8 Ind Al... 1,200 ..... U S Rubber.. l.tMM -71ji do 1st prd V 8 Smelting U 8 Steel 82 do ofd aoo ..... Utah Copper.. 5, 700 Va Chem .... 400 Van Steel 4.100 lvandou .... Wabash do A pfd... do B pfd... Wells Fargo. West Pac ... do pld West Union... Westh A B. .. Westh 7AM. West Md White Motors. Willys-Ovrld . do pfd Wilson Pack.. Wis Central... Woolworth . Worth Pump.. MS, 68 Vj 7114 82 '5"i 30 81 7 8 21 V4 88 88 "47 "46 8 87 8 86 . 100' 400. U 8 2s reg. do coupon . V 8 4s reg.... stricted to the leading remittances. Sterling bills eased a trifle, but French, Belgian and Swiss rates were firm, as were also snout of the Scandinavian quotations. CLOSING STOCK QUOTATIONS. fFurnlshed by Overbeck A. Cooke com pany, roruana. 1"4 86 100 7no 7llO 800 1. Voo 2. tMJ0 38 44 11 83 4 32 54 10 41 800 80 80 3 105 128 136 74 3.100 65 6)10 103 1.400 127 300 1236 800 75 42 41 1,000 81. 80 38 84 40 60 14 12 14 15 900 114 1,300 3R 300 29 2,4110 65 100 64 800 6 "eoo 'l2 600 28 1.800 27 1,700 42 800 28 8.8O0 'i.Voo 6o"" 1,2110 7 1,000 88 Adams Expr.. 800 tAdv Rum ... Agr Chem.... 400 Ajax Rubber.. 200 Alaska Gold Alask Juneau. 200 Allis-Chalm .. 1,200 do pfd Am Beet Sug. 300 Am Bosch ... 800 Am Can 700 28 do pfd Am Car & F. . 200 12 do pfd Am Cot Oil... 100 20 do pfd ..... .. . . Am Drug Syn. Allied Chem.. Am Hide L. do pfd ..... - Am Ice Am Intl Corp. Am Linseed... do pfd Am Loco 100 87 do pfd Am Saf Rasor 1,000 Am Sh & Com 800 Am Smelter... 800 do pfd Am Steel Fdy, Am Sugar ,.. do pfd Am Sumatra., Am T T. . ., Am Tobacco. ., do B Am Wool .... do pfd do P pfd... 100 Am Zinc 100 Anaconda ... 800 Assd Oil Atchison .... do pfd .... Atl Coast Line All Q ft W I.. 2.900 Bald Loco.... 7.200 Balto & Ohio. 3.300 Beth Steel B. 2,500 B R T 100 Butte A Sup.. 300 Caddo Oil ... 100 Cai Packing Cal Pet 600 do pfd . . . . . Can Pac Cen Leather.. Cerro de P... Chand Motor. Chi N W.. Chi Gt W..... do pfd ..... Chili Cop .... Chino C M St P do pfd ..... Coco Cola ... C A O Colo F I. ... Colo O B. .. Col Graph.... Con Gas Con Clears.... Contl Can ... Contl Candy.. Corn Prod ... do pfd ..... Cosden Oil.... C R I & P do A pfd... do B pfd... Crucible do pfd Cuba Cane . .. do pfd Cub Am Sug. Tel & Hudson. Dome Mines.. D & R G do pfd ..... 500- TCmil Johnson. 600 Erie 400 do 1st pfd.. 1,300 ao 2a pia. .. Fam Players.. 700 72 Fed M A S do pfd ..... ..... FIsk Tire ... Oaston Wma .. Gen Cigars Gen Electric. Gen Motor . .. do 6s Goodyear Gen Asphalt... Goodrich Granby Gt Nor Ore. , .. Greene Can. .. Gulf S Steel.. Hupp Motor.. -Houston Oil... Ill Central Inspiration . . Int Agr Corp. do pfd . . . . . Interboro .... do pfd . . Intr Callahan. Int Harvester. Int Mer Mar.. do pfd Int Nickel ... Int Paper .... Invin Oil .... Island Oil K C Southern do pfd ..... Kelly-Spgfld . Kenecott Keyst Tire . .. Lack Steel.... Lee Tire Lehigh Valley I-orlllard Maxwell Mtr. do 1st pfd.. do 2d pfd.. Mex Pet Miami Mid States Oil Midvale steel. M K A T do pfd Mont Power.. Mo Pac do pfd -. . .. Mont Ward . . . Mt St PASSM. Nat Biscuit Nat Enamel... 600 SI Nat Lead Nev Con . . . .. New Haven.. Norfolk A W. Nor Pac Nov Sco Steel. N T Air Brk. JJ Y Central.. Okla Prod ref. Ont Silver ... Ont A W 100 Otis Steel ... 100 Pac Oil 1,000 Pac CAE... 100 Pan Am Pet.. 10. 600 do B 2.5O0 High. Low. 44 43 16 16 60 48 82 82 1 83 88 28 iii" '26 "i 445 11 83 45 28 88 "6 10 41 38 "84 3 68 15 46 300 1.100 "s.Voo 2.200 100 io.2'06 ' 100 1,000 200 600 800 800 1 70 35 32 72 6 23 100 18 113 38 29 64 64 l"2 26 27 42 . 29 69 87 1 69 '84 31 75 "76" "18 69 23 99 18 1 63 13 20 1 63 i 13 20 Bid. 43 18 60 82 i5 85 is 88 43 83 124 107 20 00 6 44 11 03 .64 45 29 65 . 86 101 6 10 41 77 29 101 64 1 05 126 125 74 97 33 , 80 75 80 38 84 3 68 15 69 40 77 114 8S 28 63 64 6 18 12 26 27 42 29 87 S 59 7 87 38 45 1" 69 103 84 31 75 "64 71 84 1 68 23 100 19 1 63 13 '19 13 BONDS. 99 N T C deb 6s. 99.M P 4s ., 104 V, NJ Ss uo coupon Pan 3s reg. . do coupon ...,"77 Is ir cv os... A T A T cv 6s.. 98 So Ry 5s . . Atch gen 4s... 76 U P 4 D A R G con 4S 64IU S Steel 5s 69 68? 71 101 33 82 107 55 31 31 7 8 21 14 63 28 67 87 93 46 10 3U 8 86 41 30 112 60 10 88 77 03 tMT ADVANCE H CROP IrAJiACE EWS SKYDS MARKET HIGHER. 104jPac TAT 5s. ..4 -jlttirarcon s 83 87 83 80 95 Bid. .May Delivery Gains 6 Cents at Chi cago; Country Sells Freely on Bulge. CHICAGO. Mir 21. Wheat prlcei climbed rapidly today, stimulated by crop aamage news. Tne market cioseu siruux. 3 to 6c higher, with May 1.6S to 11.65 and Julv 11.28 to $1.28. Corn painfl ftl n late -nil oats 2 to 3C. In provisions.' the outcome varied from 9c decline to 10c advance. ' .Serious depreciation of the winter wheat crop already as well as neavy prospecuv. Infu was a senerallv accepted interpreta tion f Mirrnt rmnrtl from field experts, Bulls contended that such an outlook was specially significant at present because of a probability that the country was going into the new season with a much smaller carry-over than usual and that shorts in Julv delivery, as well as in May. might encounter a notable squeeze. Abnormal high temperatures and absence of mois ture tended further to arouse apprehen sion. Besides, the Kansas state rcuon ... nished by the Overbeck A Cooke company of Portland Liberty SVss .... do, first 4s ... do, second 4s . do, first 4s . do, second 4a do, third 4s do, fourth 4s Victory 4s .... do. 3s " High. . 88.30 Liberty Band Quotations. Range of Liberty bond quotations, fur-1 a yieid of 22.000.000 bushels less than was narvestea in m--v- hand, the country sold cash wheat freely on the bulge ana in ion much of the premium over. Aatv were swept upward by 87 3a the strength of wheat, although as many 87.14 I as 600 cars ol corn are oiiKu 90.66 1 Monday. ... Provisions averaged nigner wun iriu and bogs. 87.54 87.24 80.76 87.40 97.72 97.72 Low. Close. 88.12 88.12 87.22 87.10 87.32 87.12 90.66 87.28 97.60 97.60 87.28 97.62 I 87.62 Ths Chicago market letter received yes terday by the Overbeck Cooke Company of Portland said: A Wheat Bullish sentiment was rampant Mining Stocks at Boston. BOSTON. May 21. Closing quotations: Aiiouez ....... :onn uuue - J " i " - -- L . - Ariz Com 801d Don ...... 22 land bearish factors which might otner r- 1 JL ai, O....U Ql vlu V, o , - a .ttroi-l, attention WBTfl Com- Calu A Hecla.'!253 Qulncy .!.'.'"" 40 I pletely Ignored. The advance was founded Centennial .... 8Superior 3 I almost entirely on damage reports from t-op itange .... itvi sup ft Boston., in i the southwest which, in reality, were tcuc East Butte ... 9 'Shannon 91 Franklin 2 IL'tah Con 4 Isle Royalle ... 21 (Winona 45 Lake Copper... 2 Wolverine 11 Mohawk 62 Swift A Co. Stocks. Closlnr prices for Swift A Co. stocks at Chicago were reported by the Ov.erbeck A I ported some wheat worked to the contl- tltions of advices sent out by our air. Tnrlin when nni-M wern materially lower. other news was of a reverse nature. The enjth riemnnri was slow and SPOt pre mluma were sharply lower, especlalll around the close, when offerings were on a delivery basis. Shipping sales reported were only 5U00 bushels. The seaooara re- Cooks company of Portland as follows: Swift A Co 96 Libby. McNeill A Llbby.. 9 National Leather 7 Swift International 25 Money, Silver. F.tx, NEW YORK, May 21. Prime mercan tile paper, 6 07. Bar silver, domestic, 99; foreign 58. Mexican dollars, 45c. LONDON, May 21. Bar silver, 83 d per ounce. Money, 5 per cent. Discount rates short bills, 6 per cent. EXPECT FURTHER READJUSTMENTS Improvement la Railroad Situation Gold Imports Continnee. NEW TORK, May 21. Financial mar kets this week indicated Wiat further im portant readjustments were to be ex pected in the country's recovery toward pre-war condftlona Developments in the stock market gave evidence that many I irregularities, which had their origin in inflated values, over-production and ab normally high operating costs, were be ing subjected to more drastic revision. Wall street and investors showed they had be come more or less Inured to reduced or nent hut FKv no auantltv. and the opin Ion prevailed that foreign buyers would not follow the advance. Country offerings were very liberal and larger receipts are expected next week. Should rains occur over Sunday the market would be very vulnerable to selling pressure and the technical position has been weakened oy short covering the past few days. Corn being under pressure eany in me session, this market developea greater strength than was shown for a long time. Cash prices were about 1 cents higher and shipping demand quite active, witr sales of 200,000 bushels reported. Country offerings to arrive were liberal and the trade expects about 500 cars for Monday's market. The course of prices for the Im mediate future will depend on the ability of the cash demand to take care of the increased receipts. Indications are not lacking that the offerings will be well taken, m wnicn event it goes witnout say intr that a strong market will obtain. Oats This market got out of the rut and advanced sharply, with offerings light. Crop advices Indicating continued loss In condition, combined with an active snip ping demand at hihger prices, caused the reversal of sentiment. Country offerings were reported fairly liberal, but not large enough to be considered Indicative of be ing burdensome at this level of prices. Rye futures were higher, with a strong situation apparent In both May ana July. uanended dividends, due to nonr earn ings and increasing financial needa Many I Cash was in good demand and advanced additional changes of this character were I with futures. Nothing was heard from expected in the third quarter of the year. I export circles. under ths serface, however, there was I Leading futures ranged as toiiows: July. Sept. July.. Sept.. May.. July.. 1.000 15 15 800 136 3.800 12 10.500 900 200 1.800 9O0 700 600 400 600 200 300 900 - 800 300 200 1.800 1.20O 300 600 200 70O 600 200 500 200 600 200 68 37 24 69 "33" 12 76 00 36 9 49 4 12 5 15 70 18 4 26 61 44 21 14 49 26 52 135 12 68 36 24 68 '33 12 75 90 36 9 49 4 12 3 "is" 69 18 4 26 61 43 21 14 v 48 26 62 13.800 146 143 4,400 3o0 100 200 "300 500 21 100 l.Ouo 1.100 10.100 2.900 600 13 27 2 4 41 21 12 18 96 70 69 3 13 27 2 4 "ii" 40 21 50 'ii" 18 96 .68 6S 3 1.1 37 53 65 39 3.1 60 21 "S3 2N 62 30 '83 101 14 71 100 3.200 16 4.300 Penn 400 Peo Gas 3,100 Pere Marq.... 1.0)10 Phila Co .... 100 Pure Oil 1.100 Pterce Arrow. 3.3HO Pierce Oil .... 400 Pitts Coal .. 3"0 Pitts A W Va. 300 do pfd Pr Steel Car.. 200 Pullman 2,"0 Ray Con 400 f?eadlng 4.300 Remington Repl Steel ... Rep 1 A S do pfd Rep Motors. .. Ryl Dutch Oil. Ry Steel Sprg. S U Ina Sears Roebuck 200 76 Shattuck Aria Shell TAT Sinclair 10.700 gloss Shef ... IOO So Pac 3 800 So Railway .. 3, 000 do pfd 4K St L A 8 F. .. 800 Strom Carb Studebaker .. 11.900 Swift Co Tenn C A C. .. 300 Texac Oil .... 1.300 Texas Pac . .. 300 Tex P C A O. 2.100 Tob Prod .... 200 Tr Cont Oil.. 1.0OO I'n Oil Del 6.000 Union Pac ... 3.200 1'ntd Alloy .. Untd Drug Utd Food Prod 13 37 63 64 57 34 49 21 '83 2K 9 61 29 "83 59 14 70 87 56 16 63 26 40 73 61 23 "77 97 9 88 24 27 66 10 23 118 18 63 78 28 41) 75 20 61 23 7" . 96 38 23 26 56 10 24 118 21 21 7 27 15 1 136 12 u 9 311 2;) 66 24 34 12 15 HU 36 9 4 4 12 90 14 54 1.1 69 8 26 01 43 21 4 14 48 26 02 15s 5 5 1 145 23 13 27 2 4 63 21 40 21 69 113 50 11 12 18 . 8 ' as 68 68 3 6 18 13 37 63 64 58 34 60 21 82 33 28 9 61 29 74 83 99 14 70 37 27 57 89 16 63 8S 74 75 44 26 39 73 20 51 23 86 76 96 9 38 26 " 56' 10 24 118 29 98 Zl evidence that Germany's acceptance of the reparations terms was having its effect This was seen not only, in the strength I May. of foreign exchange, but in ths lower rates i July of discount fixed by all the federal re serve banks. The position of the railroads showed some signs of improvement arising from increased tonnage and -the proposed wage reductions But these factors were large ly counterbalanced by the attitude of labor organisations and demand for lower freight rates Commercial loans showed steady con tractions from the high neak of January and brokers' loans were measurably I July smaller. Sept. Much new financing for domestic and foreign undertakings is contemplated, in eluding a French government loan ap proximating 8100,000,000, mainly for re funding purposes. Goid continued to pour Into this coun try and the total for the first five months promises to exceed 1300.000.000. Imports from Latin America where exchange rates have manifested greater weakness, were the direct reflection of demoralized trade conditions. Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted is the equivalent of the foreign unit in United States funds WHEAT. Open. High. Low. Close. S 1.60 $ 1.66 1.59 t 1.65 L24 1.28 1.23 1.28 .60 .63 .38 .40 CORN. .62 .65 OATS. .42 .43 .60 .62 .38 .40 MESS PORK. LARD. 9 65 9.85 9 65 9.97 10.15 9.97 SHORT RIBS. July Sept .61 .64 .41 .43 17.25 17.25 9.72 10.05 10.02 10.30 10.25 raah nrlr.fl were: Wheat No. 2 hard, Jl.69; No. 1 mixed, Corn No. 2 mixed. 6061c; No. 2 yellow. 6161c. Oats No. z wnne, dva Vuxci 0 white, 3940c. Rye No. 2, $1.53, Barley. 53 68c. Timothy seed. J4.504J6. Clover seed, 813018. Pork, nominal. . Lard, 89.45. Ribs, 1). 50 10.50. Feeder pigs 8.50 9.50 Sheep Primelamba 7.000 7.23 Fair to good 6 000 7.00 Cull lambs 4 509 5.30 Feeder lambs 8.000 4.50 Light yearlings 5.00 6.00 Heavy yearlings 4.50 5.00 Light wethers 4 so 5.00 Heavy wethers 3.50 ,4.50 Ewes 1.00S? 4.25 Chicago Livestock Market. CHICAGO. May 21. (C S. Bureau of Markets.) Cattle Receipts 600: compared with a week ago: Beef steers mostly steady; plain heavy steers 15 to 25c lower: she stock and bulls steady; spots weak: veal calves 25 to 50c higher: stockers and feeders 15 to 25c higher; top beef steers for week, 39.65. . Hogs Receipts 4000: generally 10c higher: top. JU.00; bulk, S8.50iS8.85; pigs, nominally steady; holdover light. ISheep Receipts 4000: practically al! packer direct. Compared with week ago: Best light fat shorn lambs, steady to 25c llwer; heavies and culls 50c lower: best springs 25 to 50c higher: matured sheep 75c to $1.00 lower: heavies and cull ewes oft more; yearlings irregular. Omaha, Livestock Market. OMAHA. May 21. U. S. Bureau, of Markets.) Hogs Receipts 4O00; fairly active; steady to 10c higher: bulk 180 to 240 pound butchers, $8.258.40; top. $8.50; bulk 250-pound butchers and over, $7,900 8.13. Cattle Receipts 800; compared with week ago: Beef steers and she stock mostly 25 to 50c lower: bulls. 60 to 75c lower: veals weak tn 7oc lower: stockers andreeders firm. bheep Receipts none. Compared with week ago: Soring lambs 50c higher clipped lambs 25 'a 50c higher; sheep 50 to lie lower; feeders strong. Kansas City Livestock Market. KANSAS CITT. Mo.. May 21. (U. S. Bureau of ITarltets.) Cattle Receipts 5o0. For week: Beef steers low 25c lower: she stock weak to 25c lower: bulls, kill ing calves and stockers and feeders mostly 2550c lower: stock cows and heifers and canners steady: stock calves 2oc lower. Hogs Kece pts 500: mostly steady to strong; $8.35 paid for 180-pound to 210- pound- nogs: bulk of sales. r8.00wH.35. sneep Receipts isoo. f or week: ewes and. spring lambs 2540c higher: sheep fio it 50c lower. Seattle Livestock Market. SEATTLE. May 21. Hogs Steady: no receipts; quotations unchanged. Cattle Weak: no receipts: Quotations unchanged. SAN FRAXCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc.. at Bay City. SAN FRANCISCO, May 21. Vegetables Asparagus, 4llc; Italian squash. $1.50 1.10 crate; potatoes, new. 2 62 3c lb.: sweets, Nancy Hall. $68.50; onions, Aus tralian Brown, nominal: green. $1.8302 box; tomatoes. Imperial Valley, $1.75$ 2.25 per box;'ceIery. nominal; garlic, 6 '6 8c; oen peppers, tvtei.uc; cniii, lutwioc: peas. 6S10c; rhubarb, Alameda, $1.251.75; let- uce, Sacramento, $2.002.50 crate: arti chokes, $49 per crate; spinach, 23o; beans, string, 1015c; wax, 12614c; egg- j p.Miik, .1 71 v u-j , suunca veseiauies, nom inal; green corn, 40050c dozen. rounry loung chickens, 30960c: staggy roosters, 2025c; old, 1318c; hens 23&35c; ducks, 25035c; geese, 25c; tur- eys, live. 40c: dressed. 45fi)50c: aouah 45048c fancy; common, $3.50 dozen: old igeons, $3 dozen; Belgian hare. live. 20 S 22c; dressed, 25 28c. Fruit Oranges, navel, $2.7503: Valen- elas, $308.75; lemons, $25004; grapefruit $2$3.73; apples, $102.50: strawberries. 5$ tjiac arawer. t.2pw i.do crate: raspber ries. $1.2501.75 drawer; blackberries, $2.25 02.50 crate: gooseberries. 6a7l4c-. banin. as, 8 010c: Avocadoes, $306 doz. ; cher ries, $1.75 0 2.25 box, 4017c lb.; apricots. 2.30 four-basket crate; figs. $303.60 six-layer box; peaches. $2.2502.50 per crate. ' Receipts Flour, 1118 quarters: wheat. 2400 centals; barley, 2108 centals; beans, 850 sacks; corn, 152 centals; rye, 20 cen tals; potatoes, 112 sacks; onions, 23 sacks; hay, 60 tons; hides, 328 bundles: oranges and lemons, 1200 boxes; livestock. 150 head. MOTOR BURNOUT INSURANCE Machinery Breakdown Insurance Pays loss of time and other consequential damage, as well as property loss. -i . - v Written ONLY by " , ROYAL INDEMNITY COMPANY of New York DOOLY AND COMPANY General Agents Lret our representative tell you about this new form of protection. Marshall 702 Coffee Futures Quiet. NEW YORK, May 21. The only business reported In the market for coffee here today consisted of a few sales ol July ana September late In tne morning, inn mar ket opened unchanged and closed at a net advance of two to six points. May, s tt. inlv 3 92c: SeDtember. 6.31e: Octo ber. 6.46c: December, 6.77c; January 6.87c; March, 7.07c Soot coffee dun. Kio (s. oc; canto. 8c to 9c No fresh offers were re ported in the cost and freight market. Naval Stores. SAVANNAH. Gl. May 21. Turpentine, firm. K7iA057c: sales. IBS barrels; re ceipts, 269 barrels; shipments, 418 barrels; stock. 7621 barrels Rosin, firm: receipts, iuuz oarreis; snip- ments, 955 barrels; stock. 75.823 barrels. Quote: B, $3.6003.80; D, $4; E. 4 iu; r, $4 20; G. $4.25; H. $4 35: I, $4.50: K. $5; M, $5.60; N, $6.33; WO, $6.85; WW. $7.85. Sried Fruit at New York. NEW YORK, May 21. Evaporated ap ples firm, state lO01Oc; prunes firm; peaches steady. . ' i New York Sugar Market. . NEW YORK,- May 21. Raw sugar, 5.02c for centrifugal; refined, 6.30c to 6.60c for fine granulated. . Cotton Market. NEW YORK, May 21. Cotton closed quiet at a net decline of 6 to 15 points. Grange Meets at Kelso. KELSO, Wash., May 21. (Special.) Cowlitz Pomona grange held its regular quarterly meeting Friday as guests of Catlin grange of this city, following the business session a din ner was enjoyed. Phone your want ada to TTve Ore fronJan. Main 7070. Automatic 660-95. Austria, kronen. Belgium, francs Bulgaria, leva Csecho-Siovakia, kronen.. Denmark, kroner Bngland, pound sterling.. Finland, Finmark France, francs Germany, -marks Greece, drachmas Holland, guilders Hungary, kronen Italy, lire Jugo-Slavla. kronen Norway, kroner 1603 I 9 va 7. roriugai, escuaos O040 I Primary Receipts. .0031 I CHICAGO, May 21. Primary receipts .onus Wheat, 801,000 nusneis vs. e.n.uuu Dusn .0135 1 ela: corn 609.000 bushels va 512,000 bush .0155 1 els: oats. 445,000 bushels vs. 871,000 .1827 hn.h.l. 4.0150 shioments Wheat. 796.000 bushels va .18-1 Ii t?Q iuui HiiBtiet.- enrn A70 000 huilhela va "2?-S 224,000 bushels; oats, 322,000 bushels va 429.000 bushel XXiX 39 vs. 32: oats. 19 vs. 49. St. Louis "nk? 1 Wheat. 32 va 39; corn. 33 va. 38; oats, 28 OOfis va 30. Kansas City: Corn, 23 va 25; oats. Roumania, iei niK4 Serbia, dinara 0345 Spain, pesetas .1370 Sweden, kroner . . . .- 2373 Switzerland, francs 1803 China-Hongkona local currency... .4925 Shanghai, taels .m5 Japan, yen 4850 NEW YORK. May 21. Exchange ute.riv- sterllng, demand, $3.99; cables, $4.00. Francs, demand, 8 77; cables, 8.79. Belgian francs, demand, 8.75; cables, 8.77: guilders demand, 35.83: cables, 35.93. lire, damand' 6.56; cables, 5.68; marks, demand. 1.68; cables, 1.69. Greece, demand, 6.35. Sweden, demand, 23.65. Norway, demand, ,18.03. Argentine demand. 31.62. Brazilian, de mand, 13.15; Montreal. 1.10"-. Der cent discount. Foreign Bonds. Foreign bond quotations furnished h the Overbeck & Cooke company of Portland: nussian Dtos. Jtf-'l .... 1 u. Russian 6s, 1926 5 Russian 6s, 1919 15 French 5s. 1931 68 French 4, 1917 5u PTencn ss, i2o go Italian 5s, 1918 45 British 5s. 1922 sua British 5s. 1927 393 British 5a, 1929 393 British vky. 4s ; 3i British ref. 4s " 281- Belglan rest. 4a 73 Belgian nrem. 6s . 7ft German W. L. 5s 3 Berlin 4s , Hamburg 4s i Hamburg 4s ig ieipaig s 15 L,eipsig 5s mu Mnnl.h . - - Frankfort 4s Japan 4s Japan first 4s ..' Japan second 4s Paris 6s United Kingdom 5s, 1921. unuea mngaom 0s, 1922 . United Kingdom 5s, 199.. United Kingdom 5s. 1937.. . 17 . 16 . 68 . 84 84 .- 99 . 99 7 91 85 16 7 " 17 70 65 81 46 410 404 404 324 291 78 80 14 17 17 17 18 17 19 18 68 85 85 99 99 97 91 86 1.700 Vnited Fruit 109 Vntd Rds N J ,10 SU ptlX 100 jLves, se.ua, lii QUOTATIONS ON DAIRY PRODUCE Market Prices Ruling on Batter, Cheese and Eggs. SAN FRANCISCO, May 21. Dalrv ... change closed. CHICAGO. May 21. Butter. hl-h.,- creamery extras, 27c; firsts. 21 24c; sec onds, 17 20c; standards. 27c. Ezga, higher; receipts 21.646 ee.- firsts, 2122e; ordinary firsts. 18fiI9c: at mark, cases Included, 20&21c; stand ard a 22c. NEW YORK. May 21. Butter, stesdv: creamery higher than extras. 28U.K?9n? creamery" extras, 28c: first a 2427c. Egga firm: fresh-gathered extra firsts, 24t25c; first 21?23c. Cheese, unsettled; state whole milk flats fresh specials 1518c: state whole twins, specials, 15 16c SEATTLE. May 21. Eggs, select local ranch, white sheila 24t23c: do. mixed colors. 23 '-'4c: pullets ISC 20c. Butter, city creamery cubes. 20c; bricks or prints, 30c; country creamery extras, cost to Jobbers In-cubes, 25c. Deficit -In Reserves. NEW YORK, May 21. The actual con dition of clearing bouse banks and trust companies for the week shows a deficit In reserves of $424,930. due to a decrease. gf J VUi,a30 from lust week. j Minneapolis Grain Market. MINNEAPOLIS. May 21. Cash wheat, No. 1 durum, $1.58 1.72 ;. No. 2, si.a2v.ei.65: No. 3. 81.48 1.55; No. 1 northern. $1.54 1.62 : No. 3. $1.41 ai.50"A: NO. 1 R. S.. $1.44 Bll.04 ; M0. 2, $1.481.51; No. 3, , 1.46 l& 1.48 Barley. 46 62c Flax. No. 1. 11.94 B1.S7. Futures, Wheat, May $1.46; July. $1.32. Winnipeg Grain Market. WINNIPEG. May 21. Wheat May. $1.92; July. $1.66; October, $1.33. Duluth Linseed Market. DTJLUTH, May .21. Linseed, on track. $1.94; to arrive. $i.H4. . Grain at San Francisco. SAN FRANCISCO, May 21. Grain Wheat, feed 32.152.25. millings $2.25 2.40; com, white Egyptian $2.202.30, red milo 1.902.05; barley, feed $1.201.25, shipping $1.301.45; oats, red' teed $1.50 1.60. Seattle Grain Market. SEATTLE, Wash.. May 21. Wheat Hard white, soft white, white club, $1.40; hsrd red winter, soft red winter, northern spring, eastern red Walla, $1.35; Big Bend bluestem, $1.40. City delivery: Scratch reed, foO per ton; baby scratch feed, $67; feed wheat, $54; all-grain chop, $42; oats, $39; rolled oats, $41; sprouting oats, $44; whole bar ley, $39: rolled barley, $41: clipped barley, $46: millfeed, $30; bran, $30; whole corn, $40; cracked corn, $42. Hay Alfalfa, $24 " ton: double com pressed alfalfa, $31: do timothy, $35; east ern Washington -mixed. $30; straw, $24. LOCAL LIVE-STOCK MARKET INACTIVE Only One load of Cattle Received at North Portland. Only one load of 26 cattle reached the North Portland stockyards yesterday and as the market was inactive during the day no changes in prices were made. In the cattle division the undertone was weak and other lines were steady. Livestock prices at the local yards fol low: Choice steers $8.25fl? 8.50 Medium to good steers 7.50W 8.50 Fair to medium steers 8.75 7",30 Common to good steers 5.75'ul 6.75 Good cows and heifers 6.75?9 7.00 Medium to good cows, neirers. 0.751? 6.23 Fair to medium cows, heifers. 5.25a 6.75 Common to fair cows, heifers. 4 25 5.25 Canners 2.75 4.24 Bulls 3.5010 5.50 Choice dairy calves 9.50 10.00 Prime light calves 9.004U 9.50 Medium light calves 6.00 9.00 Heavy calves 8.009 6.00 Best feeders 6.25 6.75 Fair to good feeders 5.75 6.25 Hogs " Prime light 9.25 9.50 Smooth heavy, 250 to 300 lbs. 7.30r 8.30 Smooth heavy, 300 lbs. and up. 6.50 7.50 Rough heavy 6.00 7.5U Stags 4.00 7.50 fit n! 0.000 9.60 9 Yield The Unsold Portion of $62,500 Port Goquitlam, B. G. 7 20 Year General Obligation Bonds, Passed and Approved by the Special Act of Par liament of the Province of British Columbia Denominations $50O, $1000 PAYABLE U. S. GOLD COIN PRICK 81.60 VTFXn 9 THE UNSOID PORTION OF $39,000 City of Prince George, B. C.' 6 15 Year GENERAL OBLIGATION SCHOOL BONDS PAYABLE U. S. GOLD COIN Denomination f-IOOO PRICK SS.71 TO YIELD 8 Phone or Wire Reservations at Onr Expense H. E. WILLS COMPANY INVESTMENT BONDS 316 V. 8. Bank Building, Portland. Circulars on . Request. raBneswTiun 1 -1 inewew,a n n . 1 8 Yield ,1. Ii 1 iW I - -M'H j. S 1 1 HI IJ H Broadway 1011. iess We Own 60 Acres of Fine High Colored Marble Land in Southern Alaska on Prince of Wales Island Quarry near us sold for $148,000 within past few days. Nothing on this island to compare with the beautiful colorings and large number of distinct color groups found on our property. For six years we have been uncovering the great marble ledges and preparing to market. Power machiney and large crew will start quarrying next month, it is expected. We can quarry and market it for less than $2 cubic foot. Present prices from $12 to $32 in the rough. We have strong U. S. Qovernment report on our property and endorsements from prominent Alaska officials. ' We offer you a clean, safe investment Capital stock $100,000, all common stock, all non-assessable, with more than 93 of the Btock still in the treasury. There is no promotion stock, no debts, no salaries for officers until dividends are paid. Circular with pictures of the marble from our quarries, map of location and full particulars on request. It is not a speculation, but a safe, con servative investment that promises large returns within a few months. From $10 up may be invested. . WRANEL MARBLE CO., HALLER BLDG, SEATTLE, WASH. ALLEN BROS. CO. BTtOKERS Correspondents The diss. R. Mr Lain Brokerare Co. Established 1014 Denver. Colo. STOCKS CHAIN (Stocks Listed New York Exchange) 216-217 Chamber of Commerce Bids;. Phone 811-18 All Investors . Interested in Railroad Securities Should have a copy of the pamphlet "Is Market Leadership Shifting Back to the Railroads ? " Just off the press and containing timely and interesting data on what we consider the most attractive railroad stocks and bonds. Copies sent free upon request for Circular FG-53 - Charles H. Clarkson & Co., Inc. STOCKS BONDS 66 Broadway, New York - Til. Bowling Green 4020-30 We Offer and Recommend , Republic of Chile 5 Sterling Loan of 1911 Due On or Before 1948 These bonds are the direct general obligation of the Republic of Chile. Chile has borrowed on government bbnds for 95 years and has never defaulted on any of its loans. Chile has th greatest nitrate deposits in the world and the value of this resource alone is enough to pay its total external debt several times over. ' PRICE $540 per 200 (Par Value $974) The daily yield at the present low price of exchange is ,7.41, which will increase up to 9.02 when exchange is at par. In addition to this yield, your principal will increase from 44, if the bonds are paid at the present price of exchange, up to 80 if the exchange is at par at date of payment. - . Free From All Chilean Taxes We recommend these bonds for conservative invest ment. Wire or write for full details. FJnevereaux5i(5mpany INVESTMENT BONDS 87 Sixth Street Broadway 1042 Wells Fargo Building, Portland, Oregon General Obligation Coupon Warrants of Sunnyside Valley Irrigation District Sunnyside, Washington This 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 under date of July 1, 1921. Denominations, $100 and $500. Maturity on or before five years, although it is believed they will run five years. 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. Five men who know something about selling bonds should communicate "with Mr. Burke, Main 5643 TEXT BOOK OF WALL STREET A 40-page book (copyrighted) discussing clearly and unmis takably rules governing stock market transactions: Mrlkoda of Tradlnc. CommU.lon Hatra. How Open an Arronnt. Anarmentlnar One'a 1 nroar. Depoalt Hequlrrraeala for Car ryinjr fetocka am Account. k Dlctlonarj at Wall Ptrcrt. HIMorr of Mew York Slock Hlatorr of the New York Carh Market. Forelga Kxrhaha;e. And mr other aabjeeta of la tcreat-to laveatora Bad atork, trauera. Copr free apoa reqaeat. j McCall & Riley Co-Inc. 20 Broad Street New York OVERBECK & COOKE CO. Broker. Stork. Road, Cottoa. Uraio. Kto. tit-1 17 riOARI) OF TRAPK BLDO, Walla Walla, Maao, f-ortland. Or. feadietua. Or. II EMBERS CHICAGO BOARD Of IHADtS. Garreapondeof of Loraa A flrvma, thJi'ao aad timw lork, MEMIiFK.a Kew York stock Kxrhaara. Chlcaco Mok fcftvbauBO. Uoatoo Stoi'k Ezrhanaa. ( lifc-aao Hoard o( Trade. New lurk Cottno Kirliarure. firm OrlcuoH t'otUia r.K'hanca, New lork Prodii fcirliauaa, W inntprc Grata Ksenaace. Uvarpooi IvUoa We Want Your Butter, Eggs and Cheese Market la very firm on cube but ter. Write or wire ua what you have to offer. LIVK AM IRKS4i:l) rOlLTHV, I KAI. A M IKX.S (.Hll AMI A I.I. FAKM l'HUOItK Phooe, Aato. M'-dd. Brown Company 310 Ilort Portland, Or. j Wells Fargo Building, Portland, Oregon STANDARD OIL COMPANY of New York J 12-Year &2 Gold Debentures ' Denominations $1000, $500, $100 II' AN INVESTMENT FOR THOSE WHO DEMAND III I EXCEPTIONAL SECURITY I 7 I Pnce 100 and interest 1(11 For complete information and eimular write. I II I I call or telephone Broadway 8171. I III I II 111 ' J bOND & I.OODWIN ft UfKER I I I II! I I imrTED STATErNATyoiBAMC .U.LD.NC I II; 1 1 f wiv i i-v-v.i 1 1 1 1 j i I j I M T KANCHCO IOI AHCElIf SEATTLE j II I I HERRIN & RHODES, Inc. (EatablUkrd 1NM) BROKERS HE.UBEHS CHirACO HOARD Or THAUU. rorreapondeala. K. K. llt'TTOI 4k CO. Meaabrra Aew York Mock Kt. rkaace. 1'rlvato Leaaed W Irea Direct to All Becnritr aod Cuof anodltjr Markela. LIBERTY AND VICTORY BONDS . DOltillT AND SOLD MAIM 2K3 aod 3H4 291-S HAIL W AH h-ACU. BLD& MEXICO WORLD'S RICHEST EMPIRE If yur blood mill leap lit tb call of a "nuw-born ori'OKTU NITY." send f'r mapn, pictures and int. Testing Information about tnii ".New Kldorado." It will fire your blood with th aplrit of a pioneer. FHEK, IK SE.T FOR NOW W.W.Duncan 311 Ca..Ml.n Dnllillnc bmm Antonio, Trxna THESE ABE HARVEST DAYS FOR THE SMALL INVESTOR The whnle worM ( MiMln fnr money at the h Ik heal itilurcnt rate in all hlktory. Today you can net 10 on every flM) with vali'ty on a mimn .hiirh-prrnie prffirred stock with valuable "rUlus." Write fnr Flnanrlal Statement, Hank Hi'tVrenceti, etc. J. E. THOMSON & CO., INC. 126 Liberty St., New York High -Grade Invest ments Tlrlillnar From 7 to 10 and Including Bond, and Trefrrrrd Stocka of taqueatloned Safety. Order taken for nv unlisted se curity KorelKn Kxohung. G. B. Harrington Co. Securities on Any Market. 403 Title A Tru.t IIIiIk. Main .fl7. aifflavr PAYMENTS On Acfl mrnti Wvt V Stack or hond Purcfi-rrrwve dtvicirnd. Writ Ur twi'tctetl Ut en4botWe-FKt.. JFMCoVern&C? Brokers Wanted J to pell hlifh-Krade iitork l?ue. , Stronjr BeHina ounlitiea. One of bent-known bank president neada company. Larue enrnlniiH, i Address "Hanker." I'. O Box i3. City Hall Station, New York. .MAK1; MOKV Willi MU'ilU.1 I'lt Tl HKS. I have a Now, Modern Motion-IMc-ture Machine complete with Elec tric Motors or crank drive new odel, never been used. Will aell at HALF I'HICK and arranse terms with reliable parly. Write quick If y o ti want It. W. M. Kdholm. 131 Westlake Nortli, Seattle, Washington. Thone your wan-t ada to The Ore g;on.lan Slain 7070, Automatic 560-3;.