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
.