THE SUNDAY OREGONIAX, PORTLAND, STILT 24, 1921 " 17 HOP DEMAND GOOD IN LOCAL MARKET Number of Sales Recorded in Different Sections. OREGON CROP FAIR ONE Keporte From Continent Indicate 4 Tliat Hop Crop there Damaged by Continued Drought. A rood demand for last year's hops has developed in the northwest during1 the past few daysand has resulted in a num ber of Bales Deiug recorded In different sections of the country. Prices have not advanced altnoufcn dealers Say the con dition is what might he called & "good market." The activity here Is believed to be largely due to the unfavorable reports from the continent where a shorter crop than last year Is Indicated. --ales for the last year's hops made in his section during; the past few days hav been at prices ranging from 11 to 33 cents. Sales recorded include: The Herman Schmidt lot of 133 bales at Ore eon City, the Fred Ewart lot of 63 bales at Silverton and the Shaner lot of 53 bales at Marquam. Several other lots were said to have been moving in the irslley. Among the sales in western "Washing ton were 06 bales belonging to E. Lap pen bush of Buckley and 41 bales belong ing to Mrs. Jackson at Alderton. In the Takima district the Campbell lot of bales was sold at Toppenish and the Jack LaChante lot of 31 bales was sold at Moxee. There was said to haYe been prac tically no deals reported for the new crop. Much of the now crop has al ready been contracted. In cases where th crop has not been signed up, how ever, there is something of a tendency on the part of growers and buyers to see What the market will develop. The present weather conditions are de clared to be favorable for the growth of a first-class quality of hops In Ore gon. It Is not, however, favorable for the development of a big crop. Present estimates are that the crop will be about 60.000 bales, which Is the same as last year. The Washington crop Is estimated at 30,000 bales and California at 85,000 bales and that of New York at 50.000. tispatchea received by wire from Eng land by local hop dealers last week esti mated the English hop crop at from 200. 0O0 to 250. 0O0 hundredweight and de clared that the continental crop would be a medium one. The hop crop was said to have suffered to some extent from the drought. There Is not much hops In first hands on the coast now. Estimates of local dealers place the number of bales In first bands at 1G.00 for California, 3500 for Oregon and ltmo for "Washington. Conse quently this will not have any great ef lect on the market. Dealers declare that everything is fav orable for the western grower receiving a good price for his hops provided the rate of exchange does not prove, too Kreat a factor. Since England is the great purchaser for American hops at the present time, the rate of exchange will naturally have a great deal to do with the price which th English pur Chasers can afford to give. Advices from New York are that the bop market there is also exhibiting a better demand. The quotations on Pa cific coast hops carried by .New York Commercial journals follow ; 1020 prim to choice, 22 to 25 cents; tt020 medium to prime, 20 to 22 cents; 15 to 17 cents; and old olds, 14 to 15 cents. The New York Journal of Commerce ls&s to say of the market condition there: Tho better demand noticeable during the past few days continues and a mod or ate volume of business is being trans acted in IflilOs as well as In contracts or the 191 crop. Prospects for tn new crop on th continent of Europe are Dior or less unfavorable with indications rvf a shorter crop than last year and in consequence prices ther for 1920s have recently been advancing. WHEAT PRICES DEVELOP DECLINE Jrrop Affects All Grades Tilth Exception ; of Bed Walla. A general decline in wheat prices de !oped at the local exchange yesterday, tn this respect reflecting the drop in wheat quotations at the Chicago market. This docLine was true locally with the xception of the case of red Walla, whUh re-corded a geiuM-al advance, both tor spot and August and September de Jrvery. The decline registered on other Tarie fcies ranged from 1 cent for whit club to 2 cents for haxd white and soft white and 3 cents for hard winter for spot de rive ry. Doclinea for August and September de livery were not so noticeable and in, no tnetance more than 1 cent a bushel. Reports received by the Merchants ex change yesterday from Carlyle, Saskatch ewan, said: "From Brandon southwest to the Sas katchewan line crops are badly damaged by drouth and heat. Some fields are ex pected to be a failure. Some wheat Is toeing harvested." Advices received by the Merchants ex change from Chicago said that export sales of wheat were placed at nearly 1,."H.1XH bushels to Germany and Eng land. The cities of Chicago. Kansas City, fct. Louis and Omaha wore said to have reorUe-d nearly 2100 cars of wheat yes terday, Th weather forecast issue-d yesterday tor the rain belt Fa id: "1 1 lino is, Missouri. Nebraska, Kansas. Iowa: Unsettled tonight; Sunday fair, not mmh change in temperatures. Else where generally fair tonight. Sunday eooL" Terminal receipts In cars were reported by the Merchants' Exchange yesterday as follows: Port' and Wheat Barley Flour Oats Hay Saturday .... j "i t-ar aso "4 Total tins w'k 4:; Yt'ar aK 11- Si a'n to date 1 1 S 1 car a so .... . 607 Taeoma Friday 32 Year a so. ... . Season to date irti Itar ao . . , 1-4 S :itt-c Friday 20 Yar ago Benson :o date -M Year ago ."-7 1 .. 10 . . . 3 5 7 C3 5 31 2 5 1 in 15 1S3 47 78 13 43 38 45 !? '2 rr i 2 60, 5 41 0 79 '1 32 13 S 1 .. .. 10 4 56 75 67 4 2J .. 152 ELL CLEANED XV Ko Change In Price, Although Scarcity De on Street. The excessively hot weather of th past two days resulted in a cleaning up of watermelons in the hands of the jobbers. There was no advance in prices jester day, althouch there developed a scarcity A SAFE DEALER TO SHIP TO Veal. Creamery Butter Pork, Dairy Butter Poultry, Fresh Eggs Storage Eferps Farm Produce, Cheese Rl'BY & CO. 189 Front; St. Portland, Or. In business sixteen years. of watermelons as the close of business approached yesterday. Shipments received yesterday on Front street Included 2 cars of watermelons, a car of cantaloupes, a car of California tomatoes, a car of grapefruit, a car of California peaches, a car of plums and a car of turnips. BITTER MARKET REMAINS STEADY Cream Receipts Continue to Decrease and Qua lity IS Poorer. Th butter market remains steady with a good demand for the better stocks and a sluggish one for the second-rate goods. according to creamerymen who announced yesterday they did not anticipate any change over the week-end. The receipts of cream continue to de crease and there is 'also a steady drop ping off tn quality. The result has been a greater quantity of undergrade, butter and a greater scarcity of the better stock. Th cheese market remains firm at re cent advances. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearingrs. Portland fi. 501, 739 Seattle 4,070.937 Tacoma. . . . . 304. 0o2 Spokane I,lsi448 Balances. S 575.05 1,058.443 36.01S 444. GOO Clearings of Portland, Seattle and Ta coma for the past weeK and correspond ing weeK in former years were: Portland. Seattle. Tacoma. $2,026,820 4.851.073 5.242,968 4.115,215 2,472,047 1,891.000 1,395.440 1.727,661 2.235.405 4.100,83s 3.935,202 5,610,780 6.500,454 3.887.048 4.8D3.759 3,6)3.25 2,089,318 lO'Jl. 11(0. i:ny. 101S. 1017. 331B. 1015. 1014. 1013. 101:!. 1011. 1010. looo. loos. 1007 . ions. 1005. . ..J5.04,17 '7. Odo.033 34.803 "10 2.5J,578 23, 804.531 14, 058, 278 S.1I4S.278 7,500,766 8,510,403 9.8S0.U54 !). 070,740 10,045,659 9,441.813 7.350,706 , 6.653.575 6.800.457 -5,215,052 4.110,048 30.1O6.4: 3S. 541. 371 22.751,276 13.4S3.US8 11,112,049 11.560.234 12.031.5S1 10.641.276 9.775,642 10.130,017 11.336.527 8.505,806 8.68S.384 7,065.813 5,106.408 POKTL4XD MARKET QUOTATIONS Grain, Flour, Feed, Etc. Merchants' Exchange, noon session: -Bid Aug. Sept. SI. 10 $1.10 1.10 1.09 1.10- 1.09 1.08 1.08 l.OS 1.08 25.00 24.00 24.00 i4.no 23.00 23.00 29.00 29.00 "Wheat July, lierd white 1 . 1 2 Soft white l.io White club 1.10 Hard winter 1.03 Red W-alla 1.10 Oats No. 2 whit feed... 26.50 Barley Brewing 24. OO Standard feed ........ 23.00 Corn No. 2 E. T. shipment.. 31.00 FLOUR Family patents, J7.80 per bar rel; whole wheat, $6.20; graham, $6.00; bakers' hard wheat, $7.2T; bakers blue stem patents, $6.75; valley bakers, $C; straights. $3.73. MILLFEED Prices f. e. b. mill: Mill run, $28 per ton; rolled barley, $35&37; Tolled oats, $37; scratch feed, $30 per ton. CORN, Whole, 3S; cracked, $49 per ton. HAT Buying price t. o. t. Portland; Alfalfa, $15 per ton; cheat, new. $14 ton; clover, $11 per ton; valley timothy, new, $19&20; eastern Oregon timothy, $-6. Dairy and Country Produce. BUTTER Cuoes, extras, S4c per potmd; prime firsts, 33c; prints, parchment wrapped, box lots, 40c; cartons, 41c. But terfat, buying prices: A grade, 34c; B grade,- 32c, Portland delivery. EGOS Case count, S0c; candle ranch eggs. :3c ; selects, 35 36c. CHEESE Tillamook, triplets, price to jobbers, f. o. b. Tillamook, 20c; Young Americas, 21c pound. POULTRY Hens, 1725c lb.; springs. Leghorns. 22r25c; Rocks and Reds, 2ft 2Sc; ducks, 2024c; geese, nominal; tur keys, nominal. POR KL Fancy, 1 6 S 1 Sc per pound, VEAL Fancy, 14 He Per pound. Fruits and Vegetables. FRUITS -Valencia oranges, $5.00 5.75 per box; lemons, $12(ffil3; grapefruit, $3fo) 3.30 per box; bananas, 10 llc pound ; apples, old crop. $20 2.25 per box; new, $2 fa' 3. 25; cherries, 6 14c pound ; can taloupes, $1.754 crate; peaches, $1 1.25 box: watermelons. 1 (d 'Ac per pound; Honey dew melons. $2.25; apricots, $1.10 6i 2 box: nlums. $l.o0ai2.25 box: raspber ries, $1.50& 1.75 crate; loganberries, $1.30 z 1.73 per crate ; blackcaps, $2 (& 2.25 per crate; pears. $3.75 C5 4 box. VEGETABLES Cabbage, 33C pound; lettuce. $2.50fri2.W per crate; carrots, $2.50 per sack; garlic, 10i&j20c per pound; beets, I'223Si a. 50 Der sack: ereen peppers, 30 35c pound; rhubarb, 56c per pound; tur nips, $2(&12.25 per sack; tomatoes, $2 2.75 per box; cucumbers, 75c $1.50 per dozen; peas, 10(15c per pound; beans, 10 '? 15c per pound; green corn. $44.30 per crate. POTATOES New Oregon. J V (;' - a4 c a pound: new California. 2 ( 3c pound. ONIONS California red, $1.75 eack; yellow, $1.75(5 2 sack. Staple Groceries. Local jobbing quotations: SUGAR (sack basis Cane, granulated, ft ftr.n nound : beet. 6.75c pound. NUTS Walnuts. 2325c pound; Brazil nuts, 1820c; filberts, 18c; almonds, 24 30o; peanuts. Sllc pound. RICE Blue Rose. 6c per pound; Japan stvle, 4c per pound. BEANS Small white, 54e; pink, 8c; lima. 73ic; red, 10c per pound. COFFEE Roasted, bulk. In drums, 14 SG'c per pound. p ALT Granulated, barrel, $3.40f?M 25; half ground, ton 50s, $17.23; 100s, $16.2; lump rock. $26.50. DRIED FRUITS Dates. $4.23?6 85 per box; figs, $3 25 (go. 20 per box; prunes, 7 10a per pound. Provisions. HAMS All eizes, 37i??30c: skinned, 34 41c; picnic, 20(?i'2lc; cottage roll, 23c. BACON Fancy, 47 32c ; choice, 32 37c; standard, US'?? 29c. LARD -Pure, tierces, 16c pound;- com pound, tierces, 12Vc. DRY SALT "Backs, 22-?r25c; plates, 16c. Hides, Hops, Etc. TALLOW No. 1,. 4c; No. 2, 23c per pound. CASCARA BARK Five cents pound delivered Portland. HOPS 1920 crop, ll13c per pound, H IDES Nominal. WOOL New clip, 12tlc.per pound. MOHAIR New clip, lttc per pound, delivered Portland. GRAIN BAGS Nine centa at country points. Oils. LINSEED OIL Raw, In Tjarrela, $1.02; 5-gallon cans, $1.17. Boiled, in barrels, $1.04; 5-gallon cans, $1.19. TURPENTINE In drums, 92c; 5-gallon cans. $1.07. WHITE LEAD 100-lb. kegs, 13c per lb.! COAL OIL Tank wagons and iron barrels. 1712c; cases. 30fr 37c. i GASOLINE Tank wagona and Iron 1 barrem, 2&c ; cases, 40 c. i SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc., at Bay Ciftr. SAN FRANCISCO, July 23. Vegetables Potatoes, $1.25 2; onions, new red, 75 &'S5c; tomatoes, Merced, $1 1.25, river S2.5U 3.50; peppers. 10 (& 20c; peas, 5Sc; beans, garden, b Un" 10c, lima 10 ttj. 12c, wax 48c; beets, $1.75&2 sack; carrots, $1.25 1.30 sack, eggplant, 5 (J He; sweet pota toes, Coachella vailey, 10c, Merced 10tx 15c: squash, bay. 50c to $1 ; Los Angeles, $14? 1.25; Italian River, 50c to 75c lug. Poultry Hens, lS(g134c; broilers, 31c; fryers. 31 S"3c; young roosters. 20 25c; old roosters, 15(xlSc; ducks, 20c; geese, 25c; turkeys, live, 35c, dressed 45 g 50c; Belgian hares, live, 1314c; squabs, tancy, 35c; eld pigeons, $2 dozen. Fruit Oranges, Valencias. $3. 50 4.75; lemons. $6fi 10 : lemonettes, $5.50 7.50; srapefruit, $3.BO 4.25 ; limes, nominal; ap ples, Rea Astrachan $1.50 1.73 four-tier, white Astrachan $1 .50 2.25 ; G ravens teins $2 2.75 ; strawberries, 0tg 65c drawer; blackberries, 30 35c drawer; loganberries, red. 45? 55c, black nominal: raspberries, 70(5 S3c drawer; apricots. Kg; 3c; peaches. Santa Clara, $ 1.73 & 2 30-lb. iug; figs. 50c single-layer box; plums. $11.50 crate; honeydew melons, $l$j' 2, according to size crate;' watermelons, - 2 Jr 2 4c: grapes, $2 it 3.30; cantaloupes, 75c 1? $2.50; 'pears, $1.50 3.73 box ; huckleberries, 20c pound; cherries, $1.50(1.75 box. Receipts Flour, 534 quarters; wheat, 125 centals; barley, 192.181 centals; oats, 1606 centals; beans, 95o sacks; corn. 125 cen tals; bran. 9t7 sacks; potatoes, 134S sacks; onions, 3t2 sacks; hay, 49 S tons; eggs, 1 15.1US cases; cheese, 944 centals; butter, 439 centals; apples, 660 boxes; livestock, 210 head. Naval Stores. SAVANNAH, July 23. Turpentine firm, 54 V: c Sales, 32: receipts 235; shipments, 423; stock. 10,769. Rosin firm. Sales, 724 ; receipts, 627; shipments. 2390; stock, 80.5S8. Quote: B, D, E. F. G, $3.7013.75; H. $3.80&3.85; 1, $3.904?3.)5; K, $4.10(4.15; M, $4.35 4.40; N. $4.604.70; WG. 5.355.40: WW, $6.13 20. RAILS LEAD IN MARKET STOCKS KIR3I TO STROXG AL MOST FKOSt OtTSET. Foreign Oils Rally From Recent Heaviness Sales Amount to -200,000 Snares. f KEW YORK, July 23. Stock were firm to strong almost from the outset of to day's brief session. The floating supply was scarce and shorta experienced some difficulty in covering week-end commit ments. Rails led on over-night announcement that the administration contemplates early settlement of financial balances. Junior rails as well as investment issues were in demand at fair gains. Foreign oils rallied from recent heaviness and steels, equipments, rubbers and sugars, especially the Cuban group, shared ma terially In the rise, most leaders closing at best quotations. Sales amounted to 200. 000 shares. International quotations concluded their recent moderate recoveries. Sterling de mand bills at $3.57 established & new minimum for the current movement. Ir regular reactions were registered by all continental remittances, the German rate again being unresponsive to recent credit extensions in this market. Liberty bonds closed at mixed changes, but the general bond list, notably specula tive rails and several of the international war' flotations, augmented gains of the last few days. Total Bates, par value. $3,350,000. Notwithstanding an unusually dull week in the stock market, actual loans and dis counts of clearing house banks showed only a nominal decrease. Cash holdings decreased by almost $7,000,000, leaving ex cess reserves at about $6,300,000 as against $48,000,000 a few weeks ago. CLOSING STOCK QUOTATIONS. (Furnished by Overbeck &. Cook com pany. Portland.) Sales. Adams Exp... 50O Agr Chem . ... 400 AJax Rubber.. 1,800 Bid. 42 36 22 1 38 32 70 30 33 27 80 125 10S 18 36 4 10 51 55 34 25 57 83 102 4 6 87 71 20 68 4S 104 121 121 71 SI 25 8 87 98 84 78 ea 22 77 95 89 51 4S 10 4 12 10 57 33 68 112 35 2S 49 64 7 17 10 23 27 42 30 56 26 Alaska Gold.. 900 Alaska Juneau ,.(..... Allied Chem.. ...... Allis-Chal do pfd Am Beet Sug. 200 Am Bosch ... ...... Am Can Co... ...... do pfd Am Car & F.. 300 do pfd ..... ...... Am Cot Oil do pfd Am Drug Svn. Am Hide & L. 100 do ptd 100 Am Ice ...... Am Intl Corp. 1,000 Am Linseed .. 100 do pfd ..... Am Loco .... 600 do pfd Am Saf Razor. 100 Am Ship & C. 200 Am Smelters.. ...... do pfd ..... Am Steel Fdy. " lOO Am Sugar . .. 200 Am Sumatra.. 600 Am T & T. ... 2,5K) Am Tobacco.. 1,100 do B m Am Wool .... 4,700 do pfd Am W P pfd Am Zinc ..... Anaconda . . .. 100 Assd Oil Atchison 700 do pfd Atl Coast Line 100 Atl G & W I. . 6.400 Bald Loco ... 10,800 do pfd ..... Balto & Ohio. 1.300 do pfd 100 Beth Steel B.. 6.0U0 B R T 200 Butte C & Z Butte & Sup.. ....... Caddo Oil Cal Packing Cal Pet 600 do pfd Can Pac '.. 1,200 Cen Leather... 1,700 Corro de P. . . 2(10 Chand Motor.. 600 Chi & N W Chi Gt West.. 200 do pfd 1U0 Chili Cop Chino 100 C M St P l.ono do pfd 1,600 Coco Cola .... 400 C & O 8!" Colo F & I ' Colo Southern. 100 Colo G & E. .. 400 Col Graph ... 1,500 Con Cigars ... Contl Can 37 654 4 37 35 4 37 55 27 43 66 99 27 33 75 63 55 77 10 29 'A 17 97 17 74 2 61 13 20 14 48 o5 12 1 54 10 63 49 31 . 12 17 27 69 u. J9 29 Contl Candy. Corn Prod . . . do Dfd 600 66 65 CoFden Oil . .. 500 C R I & P 3.30O do A pfd... 100 do B Dfd. . . 27 75 27 33 7514 Crucible .. do pfd 2.800 55 63 Cuba Cane ... 2.700 do pfd 3,100 Cub Am Sug.. 1,200 Del & Hudnon. 11 SO '4 17 i4 9 27 . 13 Dome Mines.. D & R G 200 do pfd 300 End! Johnson.. I.hoo Erie 1,000 do 1st pfd.. Boo do 2d pfd . .. 200 Fam Players.. 3.500 62 33 20 14 48 60 4 1 3 1 J9 14 47 ea m & am. . do pfd Fisk Tire . . .. Gaston Wms.. Gen Cigars . . . Gen Elec Gen Motors .. do s Gen Asphalt.. Goodrich .... Goodyear .... Granbv ...... Gt Nor Ore. . . do pfd Greene Can .. Gulf s Steel.. Hask Barker.. Houston Oil . .. Hup Motor ... Ill Central . .. Inspiration . Int Aitr Corp. do pfd ..... Interboro .... do ptd Intr Callahan. Int Harv Int Mer Mar.. High. Low. 43 42 36 35 23 21 ..... 2 -- "31"' 30 i26" 125 ir" "ii"' si4 51 "35" "33 25 H 25 84 83 ..... 4 4H 8i 6V4 'ihli "ieii 68 6Bji 4S 48 1(14 14 1C44 122 120 a '7l!4 'ib'K . "si'i 'km 8s" 'ss" 22'4 21 i 39V4 "S9" "4S " 46'-4 10 10 "33vi "33" iisi iii'i 3o 3o "49 "49" "7 "i' 17 v4 17 14 '23 '23 27 27 42 41 3U 30 56 65 i.'ood "12 i.'ino 122 1.200 10 's.'s'ho "56 900 32 "2o'6 "27 400 70 Yoo '.'.'.'.'. R00 57 'A 200 54 lOO 11 300 03V4 100 33 121 10 49 V4 31 69 50 53 11 92 '4 33 5R OA 11 93 33 36 3 3 3 11 4 1,000 75 73 10 do pfd Int Nickel Int Paper .... 2,400 Invin Oil .... 100 Island Oil . . . 1,000 Jewel Tea K C Southern'. Bn do pfd 100 Kelly-Spgfld .. 8,800 Kennecoit ... 4.1 34 13i 54 "i". 50 40 53 "2 2fi 49 37 54 10 2 9 26". 49 4l 1S 12 37 Keystone Tire. Lack Steel . .. i.Vo'6 "12 Lee Tire 100 28 Lehigh v alley 200 Is "io 113 105 21 11 23 52 Lorillard 143 Lowe Theaters L & N Mex Pet Miami Mid States Oil Midvale Steel. M K & T do pfd ..... Mont Power... Mont Ward... Mo Pac do pfd M St P &SSM. Xat Biscuit... Nat Enamel... Nat l,ead Nev Con ..... New Haven .. Nor & West. .. Nor Pac Nova Sco Steel N Y Air Brk N Y Central.. Okla Prod ref. Ont Silver . ... Ont & West.. Otis Steel .... Pac Dev Pae Q & E Pacific Oil ... Pan Am Pet... do B Pennsylvania . Peo Gas ..... Pere Marq ... Phila Co Pure Oil Pierce Arrow. Pierce Oil .... Pitts Coal . . .. Pitts & W Va. Pr Steel Car.. Pullman ..... Ray Con ..... Reading ..... Reminpton ... Replo Steel Rep 1 : S.... do pfd . . Rep Motors . . Ryl Dutch OiL Ry Steel Spg. Saxon Motors. Sears Roebuck. Shattuck Ariz. Shell T & T,.. Sinclair Stand Oil Cal. Sloss Shef So Pac ....... So Ry do pfd . . St L, & S F... Strom Carb... Studebaker Swift & Co... 100 4no 8.200 100 2,500 600 10 104 113 113 103 -105 21 20 10 23 10 23 3 S.900 1,000 2.900 3,300 46 17 21 41 44 17 20 40 44 17 20 41 65 110 4.-) 74 10 18 95 74 21 53 71 1 3 17 10 S'., 53 35 41 42 35 20 29 -0 18 54 28 1 A 96 12 69 19 800 46 45 46 82 12 52 81 6 6 6 36 28 74 34 77 20 46 25 31 7S 96 1 300 100 62 62 1.700 66 1.4O0 200 "i.'soo 1.500 1.100 500 20 74 7s"" 20 46 25 20 74 "77 20 45 24 "78 83 6,400 79 laaa C & C. 100 10 10 200 18 18 2.300 "74 "73 i.Vn'6 7i 'ii" 200 1 1 "ido '.'.'.'.'. "'.'.'.'. '' - "30fi "53 53 200 35 85 2.20O 49 48 200 43 43 1.000 35 85 100 51 51 800 21 20 "206 "25 "25 900 18 17 1.100 8 7 "7o"6 "28 27 500 73 73 500 97 97 1O0 12 12 2.0OO 70 69 11,100 34 S3 23 ' 1S 56 714 19Vi 120 24 t3i 16 105 4 8 20 546, 5214 53 04 30 734 10S 4H14 20 29 8 14 V4 55 24 62 84 87 44 10 31 7V, 20 33 112 43 8 Tex Pac C & O - 300 Tob Prod . 300 Tr Contl Oil.. IS 57 1S 56;.-i union on Del. Union Pac 700 120 M 120-4 United Alloy.. United Drug.. Untd Fd Prod United Fruit... Untd Rds N J. do Df d ...... 1.S00 500 16 105 "2014 54H 53 4 53 16 105 "2614 541. 50 514 200 Un Rtl Stores. 1.0" 10 U S Ind AI . 2.9O0 U S Rubber. 6,500 do 1st Dfd TJ S Smelting. . U S Steel 10, 700 73 A 72 H lOO 48 do prd . Utah Coo 400 109 100 - 48 Va Chem .... m... van steel .... Vivandou .... Wabash do A pfd... do A pfd . . Wells Fargo.. West Pac .... do pfd ..... West Union... Westh A B. . . Westh E & M. West Md White Motors. Willys-Ovid ... u. pfd . Wilson Pack.. Wis Central... Wool worth ... Worth Pump.. W & Li E Texas OH .... Texas Pac 400 29 VI 29 "Vlid "k" "&'" SOO 22 21 2.no 24 4 "24" 2C.0 62 62 hi . 100 85 bo "i.'oOO "44 "44" ""'2'0'd 'ai "si 700 7Vi 7 t....... ..... ..... 200 43 42 400 9 8 BONDS. U S 2s reg IO014 .M Y c deb 6s. do COUDOn ...101V, :M T 4r 91 77 U S 4s reg 104"4j P Ss 54 do coupon ...104lpac T & T 5s..S3 Pan 3s reg 75 IPa con 4VsB. 85 do coupon ... 75 S P cv 5s 89 AT&T cv 6s..9iSo Ry 5s 6 Atcn gen 4s 77 4,jU p 4s 81 D & R Q con 4so3ijiU S Steel 5s.... Vi Bid. liberty Bond Quotations. Range of liberty bond quotations fur nished by the Overbeck & Cooke company of. Portland: Closing Low. Bid. e6.96 87.00 87.42 87.18 87.52 87.32 87.34' 87.36 91.46 91.46 87.48 87.52 88.40 98.42 . .. S8.42 me- Liberty 3s. ...... 87.10 ao Jst 4s .1... ..... do 2d 4s. do-lst 4s 87.60 do 2d 4s 87. 50 do 3d 4s 91.54 do 4th 4 V, s . 87 HA Victory 4s 9844 ao ss Mining Stocks at Boston. BOSTON. July 23 Closing quotations: Old Dom 22 Allouez ....... 20 Ariz Com ..... 7 Calu & Ariz... 46 Osceola ......... 26 Quincy 37 Superior "3 ualu & Hecia. .220 Centennial .... 7 7;Sup & Boston... 1 32 Shannon ....... 85 Cop Range .. c-ast uutte.... 8 L'tah Con ... 3 ... 45 10 rranKiin lWinona isle Koyalle ... 19 IWolverine iaKe copper... a Granby Mohawk 47 Greene Can . 20 North Butte Money. Silver, Etc. NEW YORK. .Inlw .a tile paper, 66 per cent Exchange srenriv fi.A-itn- x - $3.58; cables. 13.58. Franks. damanrl 4C; Cables. 7.75C Tel?ian . franr-c rl.' mand, 7.56c: cables. 7-STn cwat mand, 31.35c; cables. 31.41c. Lire, de mand. 4.35c. Marks, demand. 1.2Se. Greece, demand, 5.45c. Sweden, demand, 20.60c. Norway, demand. 12.74c. Arcn. tineL demand. 29.25c. Brazilian, demand. 10.8c. Montreal. 11 per cent rllmmr Bar silver, domestic. iu u r- fAmi 604c; Mexican dollars, 46c. ' LONDON, July 23. Bar silver. SR yst ounce. Money, 3 per cent. Discount iMtcs, eaort dujs, 4 per cent. Swift Jb Co. Stocks. Closing prices for Swift a- c-n .tv. Chicago were reported by Overbeck & Cooke company at Portland as follows: Swift & Co Q7 Libby, McNeil A Libbv bi National Leather " 714 Swift International !!II! "03 2 WEEK DULL ONE IX STOCK SALES Deals Showed Smallest Volume of Any i.iKe renoui This Year. YORK. Julv .1 ir--tm. ,.ti characterized the week In the stock mar ket. Dealings were smallest volume of any like period this year, and fluctuations were in Keeping with the listless trading. Another reduction of discounts by the principal reserve banks and concurrent ac tion by the Bank of Entriund. nointed tn easier money and, credit conditions, but were without aoDaj-ent Infinn.-A QS hket factors. Operators also Ignored nroDosed changes in the Fordney tariff bill, although these uur pernnenuy upon the capital issues of many popular companies, notably those in the oil, cotton and leather Industries. Authoritative advices from leading cen ters of trade and industry emphasized a more hopeful feeling. The steel industry was a striking exception, however, more unfavorable statements of earnings, for the year's second quarter being issued. Rails most often were dull, but main tained a firm undertone. Approval by the railway executives of the administration's funding plan is ex pected legislation for their financial re lief. Conclusion of one of several projected commercial credits to German interests was the noteworthy feature of the international financial situation. Exchanges on London and most con tinental points were increasingly reaction ary, however, albeit actual dealings were nominal. DEPARTMENT CHANGES STANDARD Perforations In Screens for Testing1 Shelled 9 Corn Fixed. WASHINGTON, D. C. July 23. An nouncement of a change In the official grain standards of the United States for shelled corn was made at the United States department of agriculture here to day. Under an order signed by Secretary W allace, effective October 3. 1021. the size of the perforations In the screens used for determining foreign material and cracked corn is fixed at 12-64 of an inch instead of 14-64 of an inch as at present. Action was tax en alter a thorough in vestigation of numerous complaints made to tne department by merchandisers of shelled corn that the larger holes per mitted a considerable percentage of small whole kernels and fair-sized pieces of broken kernels of corn, which are entirely suitable for milling and feeding purposes. to pass tnrougn tne sieve and be classi fied as foreign material and cracked corn. The result was a lowering of grade. This was especially true or kiln-dried corn, which fractures easily in handling. Of ficials believe that the smaller perfora tion will overcome these objections and meet the approval of the trade. The date set for the change to become effective is before the bulk of the next corn crop starts to move en its way to the markets. 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: Country. foreign unit . Rate. Austria, kronen .S .4o23 Helgium, Irancs .07 Bulgaria, leva .001)8 Czeoho-Slovak! a. kronen .01 40 Denmark, kroner .1540 England, pound ate rime 3.5!50 r iniana, nnmarK , France, francs ' Germany, marks Greece, drachmae Holland, guilders Hungary, kronen Italy, lire Jugo-Siavia. kronen Norway, kroner Portugal, ecudoa ....... RoumanlfU lei .......... Serbia, dinara Spain, pese-tas Sweden, kroner ......... Switzerland, franc Hongkong, local currency Shanghai, taeis Japan, yen . .0178 ' 1 .07S0 .0136 .O570 .31t5 .oo:S .0445 .O70 .1305 .132 .0142 .02 7 a .1313 .2000 .161)0 .5050 ,6!-0 .4675 Foreign Bonds. Foreign bond quotations furnished hy the Overbeck & Cooke company of Port land. "Bid. Ask. Russian 5s. 11 14 Russian 5 3. 1926 2 4 Russian 6s. 1119 12 15 French 5s, li'31 61 62 French 4s, 1017 47 49 French 5s, 1020 6S 69 Italian 5s, 101S 36 40 British 5s, 1022 3G2 372 British 5s, 3027... 3o2 362 British 5s. 1U24 35T 367 British vky 4s 345 So5 British ref 4s 269 279 Belgium rest 5s ....249 2."7 Belgium prem 5s............ 66 6 German W. L. 5s 69 70 Berlin 4s 9 10 Hamburg 4s.... 12 12 Leipsig 4s 13 14 Leipsig 5s 12 13 Munich 4s 12 13 Munich 5s 13 35 Frankfort 4s........ 12 32 Jap 4s 12 3.1 Jap 1st 4M: 69 69 Jap 2d 4s S4 ' 85 Paris 6s 99 15-16 loo TJ K 53. 1921 99 15-16 100 U K 5S 1922 9S ds U K 5W. 129 SS. 8 U kfikfi, 17..... ..... WHEAT UNDERGOES DROP MARKET HAS SETBACK OWDfG TO URGE RECEIPTS. Visible Supply Statement Monday Expected to Be Bearish. Close Is Ixw Point. CHICAGO, Jnly 23. Wheat underwent a material setback today owing chiefly to large receipts and prospects tha the bur den would be still heavier on Monday. The market closed weak. 2ts to 8c net lower, with September $ 1 22 o 1 22 and December $1.25 1 25 4. Corn lost A4c to He and oats 4Sc to c. In pro visions, the finish was unchanged to 52c lower. General selling forced the wheat market down grade from the beginning. Atten tion focused almost entirely on knowledge that the four principal winter wheat mar kets had received more than 000 cars and that - there was no sign of a let-up over Sunday. Talk of possible railroad em bargoes was again a factor. In addition the visible supply statement Monday was expected to be bearish. and favorable weather was reported from the spring crop region. The close was In some caaea at the bottom point for the week. Dry weather complaints caused corn to respond in only a limited way to the bear ish influence of wheat. Meagerness of threshing yields tended to restrict the de cline of oats. Provisions were depressed by the weak ness of hogs and grain,' The Chicago grain letter, received yes terday by the Overbeck & Cooke company of Portland, follows: Chicago, July 23. Wheat The big re ceipts, around 2100 cars, at the four lead western and southwestern points, with general evening up on the part of local longs for the week end, led to liquidation and lower range, but on the break there was free buying by houses with seaboard connections to remove hedges against sales for export and the inside figure were not maintained. Export sales at the gulf were reported as high as 1,000,000 bushels, and while the movement from farms 1 very heavy, the export business ts also large and it Is said to continue, aa Europe needs liberal quan tity of grain. There are already signs of a. let-up wiimn a snort time in parts of the south west, as the break In prices is causing a holding tendency . and the car shortage is Increasing with Nebraska and Missouri now complaining. Kor time being bulges may not hold, due to hedging pressure but sooner or later the market will turn and purchases on eharp breaks are preferred Corn Dry weather talk is coming from a widr territory and unless rains come shortly the market should have a higher tendency. Forecast over Sunday indicated con tinued dry and warm. The crop is In a critical position and very susceptible to adverse conditions. The market is show ing stubborn resistance to selling pressure and acts somewhat oversold. No material decline below 60 cents Is anticipated. Export demand continues brisk and a good reduction in local stocks is expected to be shown in the visible supply Monday. Oats Trade was not large and many of the local longs were disposed to sell on account of the disappointing action of the market. Threshing returns from Tow today sog geeted average yield of 20 to SO bushels per acre, with a test weight of 21 to 2S pounds. The crop will probably prove smaller than the trade in general realize. Rye Business in other pits relieved to an extent the congestion in the July de livery of rye, but it held close to yester day's closing price; cash trade dull; esti mated receipt. 35 cans. Leading futures ranged as follows: WHEAT. Open. High. Low. Close. Sept. -...$1.23 1.25 $1.22 $1.22 Dec L28V4 1-274 1.25 1.254 CORN. Sept. .61 61. .61 .61 Dec .60 .61 .Sus .60-14 OATS. Sept. .40 .40 .40 H .40 Dec. .43 .43 .42 5 .42 MESS PORK. July . ...... .w 18 50 Sept. m ....... . . . .4 1S.&9 LARD. Sept. ...12.00 12.00 ll.f0 12,00 Oct. .-12.13 12.1 12.00 12.10 SHORT RIBS. Sept. ...10.80 10.R2 10.70 10.70 Oct 10.72 10.73 10.57 10.60 Cash prices were: Wheat No. 2 red, $1.22 1.23 : No. 2 hard,-$1.23 01.24. Corn No. 2 mixed, 63 0 63: No. 2 yel low. 63 64c. Oats No. 2 white. S83Sc. No. I white, 35 37c Rye No. 2, none. Barley 63 73c. Timothy seed $4.50(96. Clover seed $111&. Pork Nominal. Lard $11.90 11.35. Ribs $10.25 11.25. WHEAT VALUES AEE PCIXED DOWN Biff Receipts Prove Factor In Lower Prices svt Chicago. CHICAGO, July 23. Bis receipts to gether with indications that the movement from rural sources would remain heavy for some time have pulled down values in the wheat market this week. Prices this morning: compared with a week ago showed a fall of 6 to 9 cents a bushel. Corn was c oft to c up. oats unchanged to c lower, and provisions varying from 35c declfne to 10c advance. With arrivals of wheat in Chicago on one day totaling 1230 cars and with similar conditions at St. Louis and Kansas City, bears had an advantage that was hard to meet, especially as signs . pointed to a larger yield in Kansas and Oklahoma than official estimates had given reason to ex pect. Besides, cooler temperatures pre vailing tended to allay fears of increased damage to the spring sown crop, and there was question at times as to whether in view ' of storage congestion here railroad embargoes against grain shipments to Chicago usuld be entirely established. On the other hand, export business, the volume of which was diffioult to gauge, led to frequent rallies in this connection. It was urged that vhereas Europe this season would apparently require more wheat than last year the United States could not spare so much, and that the tariff made Cana dian imports unlikely. Liberal shipments from here, together with some dry weather complaints, steadied the corn market. Oats were eased a little by movement of the new crop. German buying of lard strengthened that commodi ty, but meats averaged lower in the absence of any special demand. Minneapolis Grain Market. MINNEAPOLIS, July 23. Barley. 67c Flax. No. 1, $1.07 1.98. 47 Seattle Grain Market. SEATTLE, July 23. Wheat Hard white, soft white; white club, $1.12; hard red winter, soft red winter, northern spring, $1.10; eastern red Walla, $1.08; big bend bluest em. SI. 16. City delivery Scratch feed. $48 per ton; baby scratch feed, $58. Feed wheat, 49. All grain chop, $40. Oats, $40. Rolled oats. $42. Sprouting oats, $45. Whole barley, $32; do clipped, $39. Milled. $34. Milled feed, $29. Bran, $28. Whole corn. $39. Cracked corn. $41. Hay Alfalfa, $20 ton; double compressed alfalfa, $26. Eastern Washington mixed timothy, $27. Do double compressed $29. Straw, $19. RECEIPTS AT YARDS ARE HEAVY Trading Yesterday Quiet and Confined to Hog Section. Receipts for the week at the North Fort land yards were the heaviest in several monthB and totaled an aggregate of 196 carloads. They consisted of 2817 cattle. 221 calves, 2662 hogs and 15.724 sheep. Yesterday's receipts were light and amounted to only 5 cattle and 69 hogs. Trading yesterday was Quiet and con fined to the hog section. Bales were: Wgt. Prlce l Wgt. Price. 25 hogs. . . 114 12.O0';2 hogs. ... 198 $12.00 8 hogs... 55 12.00i 1 hog S&0 5.00 8 hogs... 197 11-26) Official quotations at .the Portland Union stockyards today are as follows: Cattle , Choice steers .... .$ 6.T3f 7.25 Medium to good steers....... 5.30! 6.50 Fair t& medium steers. ..... ... 4.75(h) 5.50 Coraon to fair steers. ...... . 3.50 4.75 Choice feeders fi.00 5.50 Fair to good feeders 4.000 5.00 Choice cows and heifers 6.509 6.0O Medium to good cows, heifers. 4-50 5.25 Fair to medium cows, heifers. 3.50 tf 4.50 Common cows 2.75 3. 50 banners 1.50 2.75 Bulls 2 M) ft 3.50 Choice dairy calves 10.50(11.00 Prime light calves ........... 10.00& 10.50 Medium iiarht calves ajOuIu.uu Heavy calve ..... S.50Q 700 Hogs Prime light 12 0013.30 Smooth heavy. 250 to 300 lbs.. 10 00 11.00 Rough heavy 6.00 -ft 10. OO Fat pig 12 0012.50 Feeder pigs 11.003 12.00 Staxs (subject to brokerage)..; 5.00 &-00 Sheep East-of-mountain lambs 6.50 7.00 Best valley lambs &.50 r 6.00 Fair to good 6. 00$ 5.50 Cull lambs 4.00sS 6.00 Feeder lambs . 2 50 4.00 Light yearlings 4 00 9 4.00 Heavy yearlings 3.00 4.00 Light wethers 3-0 'D 3.50 Heavy wethers JH 2.00 3 00 Ewes 1.00 Sp 3-00 j Chicago Livestock Market. j CHICAGO, July 23. (United States Bo- ; reau of Markets.) Cattle Receipts, 500 head. Compared with a week aeo; better j grade beef steers 15c to 25c higher; year- j lings, up more; plainer kinds and grassers, ! weak to 25c lower; fat she stock, generally j steady; stol lower on in-between grades; cows fully 50c higher; bulls 50c lower: i veal calves 25c lower; stodkera and feeders slow, about steady; best atockers scarce, , strong to 25c higher. Hogs Receipts, .4000 head. Closing mostly 10c to 15c lower than yesterday's ; average; best lights and butchers steady. ( eariy to snippers; top lights, ill. 13 eariy; bulk better grades. $10.10 11: bulk pack ing sows. $!. 15 6 9.35 ; pigs steady ; desir able kinds. $10.50310.85. Sheep Receipts, 2000 head. Practically all packer direct, compared with week ago: Fat lambs and yearlings about steady; feeder lamb and fat sheep steady to 25c higher. Kansas City Livestock Market. KANSAS CITT. Mo.. July 23. (United States Bureau of Markets.) Cattle Re ceipts, 150 head, for week, bulk better grades, beef steers, 50c higher; others mostly steady to 25c lower; heifers steady to 25c lower; cows, mostly 25'g)50c lower; some off 75c; eanners and bulls mostly 25c higher; calves 75c to $1.25 lower; stockers and feeders strong to 25c higher; stock calves mostly 50c lower. Hogs Receipts, 250 head. Fairly active. Steady to strong with yesterday's average; best lights to shippers, $10.40; packers, top. $ 10. 25 ; mixed hogs at $9. 75 10. 10 ; bulk of sales, $9.75 (&10.40. Sheep No receipts. For week. Sheep 15c to 25c higher; lambs steady to 25c lower. Omaha Livestock Market. OMAHA, July 23. (U. S. Burean of Markets. ) Hogs Receipts. 5500. Better grades steady" to 15c higher; packing grades steady to 15c lower; bulk of sales, $8.50 10.25; top. $10.50. Cattle Receipts, 100. Market compared with week ago, good, and choice yearlings and handy weight steers fully 25 4c higher: others steady to 25c higher; she stock, 25c higher; bulls, 25 50c higher; veals, $1 if 1.50 lower; stockers and feed ers. 25c higher. Sheep None. Market compared, with week ago. lambs 15Jr25c lower; sheep, 25 50c higher, feeding grades, 50c higher. Seattle Livestock Market. SEATTLE. Julv 23. Hoes Weak: no receipts; unchanged. Cattle Weak: no receipts: Quotations unchanged. QUOTATIONS ON DAIRY PRODUCE Market Prices Ruling on Bntter, Cheese and Eggs. SEATTLE, July 23. Wholesale prices to dealers: Egga Select local ranch, white shells, 40c; do mixed colors, 30(5? 30c; pullets. 32 fc34c. Butter City creamery cubes. 38c; bricks or prints. 30c; country creamery extras, cost tc Joboers in cubes, 3 tic NEW TORK. July 23. Butter steady Creamery higher than extras, 42 43c; extras, 41 ($42c; firsts, 37 4t 41c. Eggs firm. Fresh gathered extra firsts, 35 & 37c; firsts, 31 a 34c. Cheese steady. State whole-milk flats, fresh specials, 2121Vi:c; twins. 2121c. CHICAGO, July 23. Butter No session. Receipts, 11,452 tubs. Egga No session. Receipts, 7702 cases. Duluth Linseed Market. DTJLUTH, July 23. Linseed on track and to arrive, $203. New York Cotton Market. KEW TORK, July 23. Cotton, spot, quiet; middling, 12.65c. t Dried Fruit at New York. NEW TORK, July 23. Evaporated ap ples, nominal; prunes, firm; peaches, quiet. ROAD WORK IS AT ISSUE Clatsop Funds Short and Confer ence on Matter Is 4ZaIIed. ASTORIA. Or. July 23. (Special.) A meeting of the county advisory board and members or the county court will be held in the courthouse at 1 o'clock Wednesday afternoon to determine definitely whether all Clatsop- county highway improvement work now in progress shall be stopped. The failure of many to pay taxes promptly has resulted in all the money in the special road funds be ing1 exhausted and warrants against the general funds must be drawn to pa:- for any road work that is done before the second halves of taxes come in next October. It is said that bx the end of July about $40,000 in those warrants will have been issued. At the coming session, detailed re ports of the condition of 'he -several special funds will be submitted as well as an opinion from District At torney Erickson as to the legal au thority of the county to issue gen eral fund warrants in excess of the appropriations to pay for road im provement work. JOINT HAY DEAL PLANNED Associations of Two States Estab- ' lish Sales Agency. IEN"DI,ETCr, Or, July 23. (Spe cial.) To provide for direct eelling of hay to consumers, directors and managers of the Oregon and Wash ington hay growers associations met here this afternoon and formulated a joint sales agency to consist of two directors from each association and a sales manager to be elected by the agency. All sales of the 100,000 tons of hay - under contract by the two bodies will be disposed of through this group. The joint agency was formed to prevent possible friction or competi tion between producers in the two elates, to provide for equal distribu tion in sales to both organizations and to eliminate waste in selling through intermediate dealers. Lee Snavely of Echo and P. L. Jewett of Hermiston were elected as LARGE PROFITS! Too are offered an amazing opportunity for money making In the MUNICIPAL BONDS of Europe's seventh largest city." The bonds are secured by a di rect mortgage of $47,691,223 on city property, against which there is an outstanding debt of only three million. A -return to normalcy will In crease the value of these bonds 119 times. Ihe country of which this city is the capital is showing remarkable recup erative powers, and normalcy can be expected at no far dis tant future. But profits of 100, 500 and 1000 are en tirely possible within a very Send for . F Literature 3I" STORY & CO., Inc. 512 Fifth Axe, Jfew York YIELD 7 - WE OFFER, Subject to Prior Sale $50,000.00 City of 01 Washington 6 Improvement Bonds District No. 274 Dated Aug. 6. 1920. Denominations of $100 Due Aug. 6, 1930 The City of Olympia is situated in Thurston County, 'Washington, and has a present population of approximately 14,000 people. It is a healthy, growing city, and this Bond issue is to improve pave ments, etc., on Grant, Harrison, and other streets in District No. 274, which is in the residence district of the city and the costs are as sessed against the property. The total issue Is $127,816.25 against property as follows-: Value of land M . J122.268.00 Value of buildings , 156,760.00 Total valuation. Interest is payable on Aug. 6th of each yeas. Bonds due August 6, 1930, but subject to call in rotation previous to that date, but none of the bonds here offered are due before 1927. Priced to yield better than Broadway 1011 H. E. Wills Foreign Department Investment uraxts Money Orders Cable Payments Foreign Currency Paying Agencies In AU Parts of World. Securities IT. S. National Bank Bldg. PORTLAND, OREGON The City of Flowing Wells Pullman, Washing-ton, in the heart of the "Palouse Country" in Whitman County, the greatest wheat producing county in the state, has a remarkable asset in the large number of flowing artesian wells in and about the city which aid greatly in economical production on the farms and exceedingly low cost of water in the city for household use and fire protection. The net debt of Pullman is only $4500. -x Pullman is home of the Washington State College, one of the best agricultural colleges in America, with an enrollment of 1500 students. Ask ns for details of the one to ten-year 7 improvement - bonds of Pullman we own and offer at par and interest Jot any maturity to yield a full 7, income tax exempt. You may purchase these on the Partial Payment Plan if you desire. Wire orders "collect." Freeman, We Own Oregon County Bonds To Net 6 Rl-Devereaux &(5mpany INVESTMENT BONOS ST SIXTH STKEET PORTLAND. OREGON BROADWAY 1042 GROUND FLOOR WELLS -FARGO BUILDING ' Oregon members of the Joint agency. Two Washington members will be elected soon. The Oregonian publishes practi cally all of the want ads printed in the other three! Portland papers. In Buying Bonds For Profit Low-priced railroad bonds with brightest outlook in recent years now offer an outstanding opportunity for high yield. 10 or Better as well as substantial profit through appreciation in market value. We have just compiled a list of such bonds, and we shall be pleased to send this list free upon request. Ask for Bulletin P G-2 DiRRLESftClflRKSDNfiEs 66 BROADWAY: NEW YORK TEL-S0WUMO GREEN 4020-24 ALLEN BROS. CO. Brokers 216-217 Cbamher of Commerce Uldx- Phone Automatic 511-18. PORTLAND. OR. YIELD ympia .279.o:8.00 7 yon Company Forelirn Bond Dept. Government, Municipal and Industrial Issues Bought and Sold. Forelgrn and Domestic Bond Coupons Cashed. 79b'' Income Tax Exempt Smith a Camp Ca HOURD PLOO. Lumbermen Buiuim flFTH AND SIT A ItX TOT !7 and Offer: addition to thousands of exclusive advertisements not printed in an; other local paper. OVERBEAR & C00KJJ CO. Broken. Storks, Bonds, Cttoa. Grain. Etc tl-S17 BOARD OF TRADE BLDa Hall. Willi, Huh. Portland. Or. rendleton. or. MEMBERS CHICAGO BOARD of T11ADK. Correspondents of Loiron A Bryam, Cbicnfo and 2ew karlc. MEMBERS New Turk buck Jxchanfrt Chics. Stock Exchange. BoHtoo Stork Exchange. nicjeo Board of 1 r.de. Kew jork Cotton Exchanjre. Sew Orleans Cotton Exchange, hew sork Frofiuc Exc-banae Winnipeg Grain Exchange. Liverpool Cotton A ii.ovi.Uop. HERRIN & RHODES, Inc. E.tabUHbrd 1806) BROKERS MEMBERS CHICAGO BOARD OK TBADE. Private Wire. Direct to All f rear It T and Commodity Markets. Ixcal and Unlisted Securities. Quotation, and Information Cheer Xully Furnished. LIBERTY AND VICTORY BONDS BOUGHT AND SOLD. Main 2S3 and 284. 101-205 Hallway Exchange Bid. - ! PUTS D D CALLS I I I LOTS $10 STOCK EXCHANGE i?0 10 SHARES ISSUE. PROFITS 7-DAY-OP- J VS TION FOR J t-IMITISD The only way to trade safely. Write for Booklet 64, FREE, ex plaining fully. C. GOLDHntST CO. Service! Reliability! i SO Broad St.. New York I I .