10
THE OREGON DAILY JOURNAL, PORTLAND, MONDAY EVENING. APRIL 19, 1915.
CHINESE EGGS
POTATO MARKET IS !A
MASS OF STRENGTH;
ALL COAST IS STRONG
Everywhere Sentiment. Is Bullish
and Nowhere Are There Stocks
Sufficient to Take Care of the
Future Needs of the Traded
The potato market continues; to In
crease jn strength here and a ; better
feeling Is likewise shown generally
along the coast, galea of No. 1 Bur
banks and other table stock are re
ported from $1.50 to $1.75 j cental
along the street. Some that ha:)r been
asking" no more than the lower? price,
today advanced their quotatlpn to
$1.65 and were Inclined not tsj force
sales at this advance. j
The market for potatoes along the
Pacific coast and especially in the
.Pacific northwest, is clearly showing
the effects of the short crop ljor the
market during the last season, f When
V W. Broaddus some months ago
made his report from the Yakima dis
trict, that a very large per nt or
the crop there would not be available
for the market because of the treeze,
the report "was not only generally de
nied but ridiculed. Nv it develops
that Mr Broaddus' report ijn The
Journal was absolutely correct ani
his forecasts of the probable advances
In the price, made in these coluinns at
the time, have been fully confirmed.
from Puget sound comes woid that
the potato offerings there ars rather
limited and that it -will be necessary
within a short time to secure stocks
from elsewhere probably from the
east before" the new crop is available
in quantity sufficient to take dare of
t ha needs. This condition was forecast
by The Journal months ago, mjuch to
the amusement of the -knowlni? ones'
at that time. Puget sound wias the
bear spot of the entire Pacific coast
and the trade there was the iast to
discover thf real shortage which later
developed.
ANOTHER CAR OF BERRIES
Another carload of Los Angeles
strawberries arrived on the strtitt this
morning in yuite good condition.? About
half were removed here and the re
mainder were sent to Puget soWid. The
price was placed at $1.75 1.85 a crate.
Florin berries arriving in better sup
Ply. t j
CALIFORNIA GRASS IS j OUT
Owing to superior quality and more
liberal offerings from local and other
northwest points, California asparagus
has about disappeared from the trade
here. Sales of local at 90c4ii?1.10 a
dozen bunches. Walla Walla at $1.10
4yl.24 a box.
; ;
BETTER NEW POTATOES HERE
Some rather fair quality new pota
toes were reported in from the south
today and were quoted at 6: Si 8c -
pound. With the offering of j better
quality the demand shows a fair im
provement along the street.
MORE TOMATOES ROLLING
Another carload of Florida! toma
toes has been ordered by thfr local
trade and is due here in about iiO days.
The carload diverted at Kansas City
was finally, sold there without loss to
local interests. Mexican tomatoes are
of good quality with sales at; $4 per
lug of 30 pounds. j
CHICKEN TRADE IS HEALTHY
Liberal demand continues for poul
try and especially chickens ;tn the
f runi street iraue. iasi ween, a ar:iv
als were entirely cleaned up and buy
ers are scouring the valley for this
week's needs. Prices about the same.
BRIEF NOTES OF THE TRADE
String beans in larger supply with
price lower. .
Banana strain was reported 'out of
Billings yesterday with the frui-, gren.
Due- here Wednesday.
- Peas are in heavier supply with the
price at'7S$8c a pound.
Dressed hogs are firm with prices
stiff and demand good.
SHIPPERS' WEATHER NOTICE
Weather bureau sends the following
notice to shippers:
Protect shipments as far north as
Seattle against minimum temperatures
THAN SPOHTATION
Palaces of the Pacific
S. S. NOETHEBlt PACiriC
S. S. GREAT NOBTHEEN
Da Laze Fast Line to
SAN FRANCISCO
8. 8. NOETHIBN PACIFIC Sails
. April 21, 25, 89, May 3, 7, It," 15.
Steamer train leaves Portland. North
Bank depot, 9 A. M.. arrives Flavel
12:30; lunch aboard ship; SP. arrives
San Francisco 3:30 P. M. next'day.
Freight delivery second morning
after- shipment from San Francisco.
WORTH BANK TICKET OFFICE,
Phones: Mar. 330, A-6671 5th & Stark
San Francisco
LOS ANGIXES AND SAN DIEGO
SS. ROANOKE
Sails Wed. April 21. at 6. P. IS.
HOSTK PACIFIC STEAMSHIP CO,
Ticket Of no
lt2A Sd St.
Maia 1314. A-1314
Foot Korthrup St.
Main 62C3, A-M29
S. S. BEAVER For
San Francisco, Los Angeles
9 A. jBU, ApiU 82
' The Baa Fmneioo tt Portland S. 1 8. Co.
; Sd sad Washington B'.z. (With O-Wi E. H.
vow 4. ex. Minmii uuu. A-Ol.l
STEAMSHIP BREAKWATER
Bftils. from Alnworth Bock, Portland, 8 a a.
worth Deck. Fhooe 1-ain 8600. A-8332. City
' Tick office. 80 bixth it. Phone Marshall
4600. A-8121. Portland ft Cooa Bay S. 8. Line.
American-Hawaiian S. S. Co.
Al Steamship "KONOXiUXWAK
705 Gross Tons)
Carrying 1st Class Passengers only to
HEW iOBX Via th Panama Canal
Balls from San Francisco on or about
MAT 10 Far $150.00.
C D. KENNEDY, Agent,
270 Stark. Street. Portland, Or.
LIKELY TO BE
DISTRIBUTORS WILL
SHIP LOGANBERRIES
AND PRUNES TO EAST
Western Oregon Organization to
Make Extensive Campaign for
Marketing Products of This Sec
tion, Says Malbouef.
WHL AXD LOCAL MARKET.
Tilt entrance of tno western Oregon
Fruit Distributors Into tie soft fruit
trade, which will fores shipment of
local strawberries, raspberries and lo
ganberries Into the eastern markets,
will b a direct aid. to the local trade
In relieving' the usual glut shown dur
ing' the period of flush shipments.
Announcement was made today by
Charles A. Malbouef, general manager
of the : Western Oregon Distributors,
that the organization would this sea
son enter into the shipments of green
prunes and loganberries on an exten
sive scale in carload lots to the east
and middle west.
The organization will likewise, for
the first time, extensively engage in
the shipments of raspberries. Ar
rangements have already been made by
the distributors for the handling of the
famous Cuthbert raspberry, which is
considered the best raspberry in the
Pacific northwest and a very good
shipper.
The distributors made a record on
handling strawberries during the last
season, obtaining an average of $1.87
a crate for 154 cars, which would
have meant $2.60 for old style pack
ages. "The Western Oregon Distributors
will this year handle fully as much
stuff as a year ago," said Mr. Bal
bouef this morning. "There are ex
cellent ! prospects for the crops in
western Oregon and the acreage is
somewhat better."
At a recent meeting of the "Western
Distributors, the amended by-laws of
the North Pacific Distributors were
ratified; The distributors will enter
the present season somewhat stronger
tl.an a year ago despite the loss of the
Hood River section. The organization
this ytfar affected a saving of many
thousands of dollars in salaries alone.
The president of the distributors must
hereafter be a fruit grower and will
obtain no salary.
of about 44 degrees; northeast to Spo
kane, 40 degrees; southeast to Boise,
35 degrees; south to Ashland, 38 de
grees. Minimum temperature at Port-
jana tonignt. about 48 degrees.
JOBBING PRICES OF PORTLAND
These prires are i hose at which wholesalers
sell to retailers except as otherwise stated:
Dairy Produce.
KGGSXearby freshly gathered. 18ffil8Vie:
case count, 17!.ftjlSc.
KT TTEKFAT No. 1 Portland delivery, 24c.
BUTTEK Nominal. Willamette vallev
creamery cubes, selling price. 21c; state prints
!Ug24c; ranch butter, 16(gl7e; city creamery,
ni'e lots, 20c; lesj than case lots, fac lb.
IilVE POULTRY Kens. Plrmonth Rock
lr.Ufer 16c; ordinary chickens, iriuc: broilers.
I(fi2, lbs., 2023c: turkeys, lSe; dressed, 21
!i23c; piceons. S1.0Um.25: suuah dozen:
geese. lie. S6j.9c; Pekin ducks, 13614c.
riiitsi rresn Oregon fancy fall cream
twins and triplets. 16c; oung America, 16V4
Groceries.
SUGAR Cube. $7.20: powdered. $7.00: fruit
or berry, $tj.7o; beet. $8.50; dry granulated,
$6.70; I) yellow, $6.60. (Above quotations ore
30 days jiet cash.)
RICE Japan style No. 2, 4Q5c; New Or
leans, bead. 6y4sG9ic; blue rose, 64e; Creole
5c.
SALT Coarse, half erounds. lOOs. S9.76 ter
ton: 50s. $10.50: table dairy. 50s. 16: 10s.
$17.50; bales, $2.25; lump rock, $20.00 per too.
nu.Mii ew, per case.
BEANS Small white. $6.25: lsrze white.
$6.00; pink, $5.25; limas, $6.75; bayou, $6.50;
rea, tsc.
fruit ana vegetables.
FRESH Fill IT Oramres. navel. $2.0002.50:
tangerines. $1.25: b.inanas. 4Sc lb.: lemons.
$3.00ft$3.75; limes, $1.00 per 100: grape fruit.
.o(4 "0 per case; ylneapples, 7c lb.; pears,
$4.50; strawberries, Louisiana. $3.50(g3.75 per
crate; Los Angeles $1.75(31.85 per crate;
Horida, $d.2o per crate.
APPLES Local. 75cGS1.50 box. accordlne
to quality.
O.MONS Local. No. 1. si.10ffU.15: associa
tion selling price,. No. 1, 75c f. o. b. country
points; garlic, ITlc.
POTATOES Selliue l.rlce: Extra choice ta
ble stock, $1.25ijl.tt0 per cental; new Califor
nia. t;4jsc per in.; sweets, JJ.2o.
vtiiMABhES Turnips. ?i.:sjgl. 50; beets,
dozen bunches: carrots, new. 75c dozen
bunches; parsnips. $l.uO1.25 sack; cabbage,
bell, 26(3 30c; head lettuce, $2. SO per crate;
green onions. 2rfa630c dozen bunches; peppers,
bell, 26i.30c; head lettuce, $2.50 per crate;
celery, crate, $4.505.0o: rhubarb, l2e lb.;
cauliflower, local. 40et$1.25 dozen; French
artichokes, 65cjj75c dozen; string' beans, 30e;
cranberries, eastern, $H12 barrel; peas, 15
1 16c lb.; asparagus, local. OOcSiSl.lO dozen:
radishes, 20c per dozen benches.
Hops, Wool and Hidea,
HOPS Buying price, choice, 12c; prime, 11c;
medium jto prime. lO'jc; medium. 10c; 1915
contracts, 1 2c.
WOOL Nominal, 1915 clip: Willamette val
ley, coarse C'otswold. 2ofii26c; medium Shrop
shire, 26f27c; choice fancy lots, 28c; eastern
Oregon, (tlioc.
HIDES- Salted bides (25 lbs. nnd up). 13'4c:
Falted stags (50 lbs. and up), 9Vc; salted
kip (15 lbs. to 25 lbs.). ISVjc; Belted calf (up
u lo ins.), 17c; green hides (za lbs. and up),
12c; green stags (SO lbs. nd upj, Se; greeu
kip (15 lbs. to 25 lbs.), 13ic: green calf (up
to 15 lbs.), 17c; dry flint hides, 24c: dry
flint calf (up to 7 lbs), 26c: dry salt hides,
15c: drv horscnides. each. 50c to fl: horse
hair, 25c; salt horeehides. each, $2.50 to
J.I.OO; dry long wool pelts, 13c: dry short
wool pelts.. 13c; dry .sheep shearlings, each,
loe; salted sheep shearlings, each, 15c to 25c..
TALLOW No. 1, 4Vi4i4c; No. 2, 44ii,c;
grease, 3'.4j4c.
MOHAIR 1916 30fg32c.
CHITT1M OR CASCARA BARK Buying
price, car lots, 4ViC; less than car lots, 4c.
Meats, Fish and Provisions.
DRESSED MEATS Selling price Country
tilled: Fancy hogs, 0MilOc; rough and heavy
7Sc; fancy veals, lliSjllc; ordinary, 8a
10c; poor, 67c; goats, S4c; spring lambs,
14V.c lb.
HAMS. BACON, ETC. Hams. 1617c;
breakfast bacon. 17ffJ 27c; boiled hams, 27c;
picnics, llsc; cottage, roll, 13c.
OYSTERS Olympia. wr gallon, $3.50:
cnniied eastern, 55c can.; $B.50 dozen: eastern
In shell, $1.85 per too; razor clams. $2.501ox;
eastern oysters, per gallon, solid pack, $3.00.
FISH Pressed flounders. 7c; steelhead sal
mon ( ); Royal Chinook 15c; perch, 6fii
8c; lobsters, 25c lb.; silver smelt. 8c; salmon
trout, 18c lt. ; halibut. 7iifg9c; Columbia
river smelt, 60$i 65c box.
LARD Tierce, kettle rendered. 13c; stand
ard. 12c.
CRABS Large $1.75: medium $1.25 dozen.
Paints and Oils.
LINSEED OIL Raw bbls.. 75c gallon: ket
tle boiled, bbls., 77c; raw. cases, bOc; boiled,
eases. 82c gal.; lots of 250 gallons, lc less;
oil eake meal. $44 per ton.
WHITE LEAD Ton lots. THc lb.; 500 lb.
lots, 74? lb; less lots, 8c per lb.
OIL MEAL Carload lots, $34.
COAL OIL Water white in drums and iron
barrels. 10c.
TURPENTINE In cases 65c, tanks 60c per
gallon.
Sen Francisco Potato Market.
San Francisco. April 19. (U. P;)
Potatoes Per cental. Salinas $1.50
1.75; river, $1.001.25.
10,000 Lbs. Live
Poultry Wanted
at 16c per lb. Hogs No. 1 99Uc per
lb.; veal No. 1.. llllc per lb.; eggs,
17'172C per doz. No commission.
Checks mailed daily.
We want all your produce. Highest
prices guaranteed.
THE S A. VEST AH CO..
307-309 Stark at. Haraaall 687.
REMOVED AS
Edited by Hyman H. Cohen,
BIG PACKERS TRY TO
SECURE 'CORNER' ON
LOCAL EGG SUPPLIES
Purchase Stock In Country Even
Before They Are Received by
Shippers- Chinese Egg Is Xot
Likely to Be a Burden.
Steadier feeling is generally showing
in the egg trade locally, and country
shippers are receiving generally c
better than a week ago. There is to
day strong competition for egg sup
plies in the country. The big packers
are trying to "corner" Bupplies, and
are scouring the Willamette valley for
them. In the east they have prac
tically full control of the egg market,
and it begins to look as if similar
tactics will be repeated here.
Not only are they offering at this
time In excess of what the general
market Is for eggs, but they are paying
for supplies even before the country
storekeeper has secured them.
""The 17c f. o. b. market for eggs has
disappeared, leaving in its place a
market that is fractionally better than
17V4C. The latter is now the general
price that buyers are offering in the
country for supplies.
Notwitnstanding all the talk of poor
quality and the unprofitable specula
tion1 in cold storage eggs, the demand
for storage purposes at this time is
the heaviest ever known here, although
this fact is not apparent on the sur
face. So far as the fresh egg market here
is concerned, the feeling is merely
steady, with no apparent change in
quotations. With the storage inter
ests "culling" out their inferior eggs
and selling them to the fresh egg
trade around 15c a dozen, it is difli
cult at the moment for the average
dealer to dispose of his holdings of
case count at the higher prices justi
fied by reason of the advance at coun
try points.
One thlng'ls seemingly apparent at
this time. Chinese eggs will no longer
f i rove the big bugaboo as during the
ast two years. It has been f.und un
profitable for the shipper of oriental
eggs to enter the Pacific coast trade.
Not only were the losses in transit
unusually heavy sometimes running
as high as 60 per cent but the re
cently enacted laws which compel the
trade to brand the foreign stock as
such will force a diminished demand.
It is probably for that reason that
the big packing concerns ar, now so
eager to purchase eggs for storage
purposes. The flush period has al
ready passed and within a short time
decreased arrivals will be noted, al
though present offerings are ample
for regular requirements.
September Wheat
3 Cents Up Today
At Chicago Closing
Chicago, April 19. (I. N. S.
"Wheat closed 15i3c higher. With
sentiment in the pit bullish, and the
buying power strong, wheat prices at
the opening today were higher. May
wheat opened with an advance of 2
cents, July was up 2i cents and Sep
tember opened 2 cents higher.
Scattered rains over the belt aided
the advance. Later in the trading
there was some reaction.
The foreign situation is the import
ant factor in the trade. Foreigners
are making new contracts on this Side
and this feature is establishing the
course of prices. The Liverpool mar
ket was strong today.
Corn was c to lc higher at ths
outset. The export demand continues
to be heavy, and a great Improvement
is noted in the shipping. Oats were
higher and provisions were strong.
Range of Chicago prices furnished
by Overbeck & Cooke company, 216-217
Board of Trade building:
WHEAT.
Open. Higb. Low. Close.
$1.64 $l.tt4 $1.R2 $1.H4 A
1.38Vi 1.39 1.37 1.37T4 B
1.2H4 1.25 120 1.22 B
CORN.
.77; .78Vi .77 .77
80 .81 .19 .79
81 .81 .80 .80
OATS.
M .5S .57 .57 B
67 .5S .56 .56
49 .49 .48 .48
PORK.
$17.62 $17.80 $17.60 $17.70 B
18.15 .18.32 18.00 18.25
18.55 18.87 18.55 18.05
LARD.
10.22 10.27 10.25 10.27 B
10.42 10.55 10.42 10.55 B
10.77
RIBS.
10.25 10.25 10.20 10.22 B
10.50 10.6O 10.50 10.57
10.82 10.S5 10.80 10.82
May
July
Sept.
May
July
Sept.
May
July
Sept.
May
July
SepL
May
July
Sept.
May
July
Sept.
CENTRAL OREGON CROPS
Lapine, Or., April 19. Crops
throughout the Lapine basin are show
ing the effects of the favorable season
a-nd abundant moisture, winter rye
especially is showing up well White
clover and field peas are also doing
exceptionally well. Onions, lettuce and
small vegetables are ready for market
The cultivated area of this section
of the state will be more than doubled
tfris year.
San Francisco Grain Market.
San Francisco, April 19. Barley
calls:
April 19. April 17.
Open. Close. Close.
May I1-33H B $1.35 A $1,20 3
Deo. ...... 1.38 B 1.40 1.38
Spot quotations nominal. Wheat
Walla Walla. $2.27Mi 2.30; red Rus
sian, $2.25 2.27; Turkey red. $2.30 tf
2.32; bluestem, $2.35(2.40.
Feed Barley, $1.32 to 1.35.
White oats, $1,80 0)1782.
Bran, $26.50 27.50; middlings. $32.00
33.00; shorts, $27.00 28.00.
New York Cotton Market.
New York, April 19. Cotton market:
Month Open. High.
Low. Close.
Jan 1096 1107
March 1012 1123
May 1006 1029
July 1035 1054
Oct 1047 1087
Dec 1032 1105
1090 1100
1112
1006
1034
1071
1088
1021
1022
1046
102
1100
Foreign Exchange Rates.
Merchants' National bank quotes for
eign exchange: -London
Sterling. $4.82.
Berlin Marks. 21.17.
Paris Francs, 19.42.
Hongkong Currency, 44.55.
Vienna 15.86.
Athens 19.49.
Seattle Potato Market.
Seattle, April 19.-Onlons Oregon,
$1.251.50; Yakima. 75c$1.00
Potatoes Wrhlte river, $2628; Bur
banks, $2730; Early Ohio, $45; Yak
ima Gems, $30; Idaho and Montana, $25
28.
New York Sugar and Coffee.
New York, April 19. Sugar Cen
trifugal, $4.794.82; molasses, inactive.
Coffee Spot New York No. 7 Rios,
7$c; No. 4 Santos. 10c.
Liverpool Cash Wheat.
Liverpool, April 19. Cash wheat
firm, HGld higher.
A FACTOR IN
WALLA WALLA GOES
BACK TO THE WHITE
WHEAT THIS SEASON
Bluestem and Red Wheats in Less
Favor Is Report of J. Z. Smith,
Veteran Dealer Acreage and
Crop Very Good.
NORTHWEST GRAIN RECEIPTS
-Cars-
Wheat.Barley.Flr. OaU.
Hay.
11
3
186!
24 m
15
8
292:S
22o8
14
6
5126
4570
Portland today.. 02 4
8
8
Year ugo 20 24
Season to date. 15,054 1804
Year ago .15,luo 345
Tccoma Saturday. 15 2
Year ago. 40 4
Seusou to date.. 8.671 T29
Year ago 8,78 711
Seattle Friday.. 1
Year ago 2 1
Season to date.. 7.32S 104JS
Year ago U,337 1012
13
17V4
2405
3
187
1522
"i
581
414
1
3
1HH
1142
7
7
184U
The wheat crop outlook around
Walla Walla is very satisfactory, was
the report brought to, this city today
by J. Z. Smith, a veteran dealer of the
Garden City.
According, to Mr. Smith, who con
firms recent information printed in
these columns, the acreage of the
Walla Walla section this season was
mostly planted during the fall and it
is showing very good growth.
"We have already had about as
much rains in the light land section as
we need at this time." says Mr. Smith.
"With too much rainfall early the
wheat does not root as deeply as is the
case when the rainfall is deficient dur
ing the early period.
"The farmers of tfie Walla Walla
country have gone more in the white
wheats than during ... recent seasons.
The acreage planted to bluestem has
decreased primarily because it is a
spring wheat and does not produce as
much as fall sowing. The foothill sec
tion is planting the club as hybrids as
usual, while In the Eureka flat coun
try there has been more tendency to
take the hybrids and! cut out the red
wheat. This is due to the fact that
the normal demand for white wheat is
better than for red.
Locally there is a steady , tone shown
throughout the grain trade, but little
outside bluestem is reported.
FLOOR Selling price: Patent, $6.80;
Willamette valley, $6.80; local straight,
$6.30; bakers', $6.80; export, $5.50
5.75.
HAY New crop, buying price: Wil
lamette valley timothy, fancy. $12.50
13.00; eastern Oregon-Idaho fancy
timothy, $15.00; alfalfa, $13,00413.50;
vetch and oats, $11.00; clover, $8.00)
9.00 per ton.
GRAIN SACKS 1915, nominal; No.
1 Calcutta, 6c.
MILLSTUFFS Selling price: Bran,
$26.50; shorts. $28.50.
ROLLED BARLEY: Selling price:
$30.0031.00 per ton. :
CORN Whole, $35.50; cracked,
$36.50 per ton.
Advance of 2c to 4c a bushel was
shown in wheat bids for spot delivery
on the Portland Merchants Exchange
today, the Chicago advance acting as a
strong bullish argument. Sales in
cluded: 15,000 bushels May club at
$1.30. j;
Spot oats bids on the exchange were
50c a ton higher. A :sale of 100 tons
May was made at $33.75.
Spot barley market was also 50c a
ton higher for bids on the exchange
today, but no sales were made.
Merchants Exchange spot prices:
WHEAT
Monday.
Bid. Asfc.
Saturday.
Bid.
Ask
Bluestem ...$l.a4
Fortyfold ... 1 .31
Club 1.20
Red rife 1.25
$1.33
1.33
1.3!
1.30
1.23
$1.30
1.29
1.27
1.23
1.206
33.00
23.00
$1.35
1.31
1.30
1.2S
1.25
34.00
Red Russian 1,22
OATS
Feed 33.60 33.75
BARLEY
Feed 25.50 28.23
M1LLST L'FFS
Bran 23.50 25.00 23.50
Shorts 24.00 28.00 24.00
Futures were quoted:
WHEAT
Bid.
May bluestem $1.35
June bluestPm 1.37
Mcjr fortyfold 1.32
June fortyfold 1.33
25. OO
25.30
Ask.
$1.37
1.38
1.35
1.36
1.31
1.33
May CJUD 1.2Vj
June club
1..W
May Red Fife . . .
June Red Fife . . .
May Red Russian
June Red Russian
Mar
1.27
1.2$
1.24
1.25
...$33.75
1.30
1 .32
1.53
1.28
$34.00
34.50
$26.25
27.00
$25.00
23. 50
$26.00
27.00
OATS :
June
34.00
BARLEY
May
June
May
June
May
Juna
25.50
24.0O
BRAN
$23.75
24.75
SHORTS
...$24.00
24.50
AMERICAN LIVESTOCK PRICES
Denver Hogs Higher.
Denver, Colo., April 19. Cattle
1600; market strong. Beet steers,
$6.507.40; cows and! heifers, $5.00(3
6.60; stockers and feeders,- $7.00 & 7.60;
calves, $8.00 11.50. i
Hogs 900; market higher. Top,
$7.55; bulk. $7.457.52H-
Sheep 400; market firm.
Chicago Hogs, $7.80.
'Chicago, 111.. April 19. (I. N. S.)
Hogs 22,000; market strong, 10c above
Saturday's average. Bulk, $7.40 7.60;
light, $7.357.80: mixed. $7.30(57.75;
heavy, $7. 00 7. 60; rough, $7.007.20;
pigs, $5.856.90.
Cattle 17,000; market firm; native
beef steers, $6.25. 8.65; western. $5.70
7.60; cows and heifers, $3.10 (g; 8.35 ;
calves, $5.758.50.
Sheep 10,000; market firm. Sheep,
$7.508.65; lambs, $8.2510.65.
Kansas City Cattle Higher.
Kansas City, April J9. (J. N. S.)
Hogs 11.000; higher. Bulk, $7.50 &
7.60; heavy, ,$7.507.60; packers and
butchers, $7.507.65; light, $7.507.70;
pigs, $7.0007.50.
Cattle 11,000: market higher; prime
fed steers, $8.10 8.60 ; dressed beef
steers, $7.10 8.00; western steers,
$6.75 0 8.10; stockers and feeders, $6.50
08.00; bulls, $5.256.25; calves. $6.00
9.00.
Sheep 7000; market higher, Lanibs,
$9.8010.10; yearlings, $8.3,09.50;
wethers. $8.008.75; ewes, $7.75S.50.
St. Louis Hogs, $7.8Q.
St. Louis, Mo.. April 19. (I. N. S.)
Hogs Receipts 9500; market higher.
ngs and lights, $6.00 7.80; mixed
and butchers. $7.55 7.80; good heavy,
$7.557.70.
Cattle Receipts 2800; market
strong. Native beef steers, $7.007".85;
cows and heifers. $5.508.25; stock
ers and feeders, $5.75 p 7.25; southern
steers, $5.257.75; cows and heifers,
$4.006.00; native calves, $6.009.00.
Sheep Receipts 3000; market
strong. Ewes, $6.5008.25; lambs, $9.50
10.55; yearlings, $8.50 9. 50 -sheared
yearlings. $7.00 7.75.
Omaha Sheep Advance.
South Omaha. Neb., April 19. (I. N.
S.) Hogs Receipts 6000; market
higher. Heavy, $7.20 7.30; light.
$7.307.45; pigs. $6.507.25; bulk of
sales. $7.25 7.35.
Cattle Receipts 4700; market steady.
Native steers, $7.00 8.45; cows and
heifers, $5.50 7. 50; western steers,
$6.507.80; Texas steers, $6.0007.30;
cows and heifers, $5.257.00; calves,
$8.00 10.00. :
Sheep Receipts 11.000; market
higher. Yearlings, $6.50 9.25; weth
ers, $7.758.50; lambs. $ 9.80 $ 10.50.
Paris Wheat Higher.
Paris, April 19. Cash -wheat
higher. s .
l?4c
'TRADE HERE;? m Market,;
NORTH PORTtAND IS
UP TO $7.85 TODAY
FOR TOPS OF HOGS
Sharp Advwttce Is Forced Here and
! Local Market Is Again Highest
in Country, Altho lgh All Are
Showing Further Rise.
FOBTLAHO MA2T GETS TOP.
! Willie one loadof noga, freight free
to IPuget sound, sold at 97.85 today la
the Worth Portland yards, the general
top was f 7.80. This was obtained by
Frank I.. Snail, head of the selling
forces of the Portland Flouring Mills
company of this city, who shipped the
load from his farm in the Ooodnoe
Hills. The -animals were of select
quality, and were fattened with barley.
rOUTLAND' LIVESTOCK RUN.
Hobs. Cattle. CaWes. Sbeep.
Monday ..." 1044
803
297
Saturday 52
Friday 140
Thursday G3
Wednesday 131
Tuesday
Week aso 821
Year ago 13U2
Two yers asro .... fi(Jl
Three years ajfo ... 243
21
1143
31
593
1938
10O2
2N!(
1309
17
25
5!
302
1224
1101
837
59
Sharp advance in the price of swine
was forced in the North Portland yards
today. Sales were made at $7.75 7.85
for extreme tops, confirming the fore
casts of a higher market made recently
in these reports. By tne advance of
today the North Portland market again
reaches the high point in the country
so far as the leading recognized live
stock markets are concerned.
i There was only a small run of hogs
in the yards today although it was
slightly in excess of last Monday. Buy
ers took hold as soon as the market
opened. Some real good quality was
available and the advance in price
was easily forced.
At Chicago there was a firmer tone
in the hog trade with an advance of
5c to 10c in the price. Tops $7.75.
Early reports from Kansas City indi
cated an advance of a dime with tops
at $7.65.
r Omaha hog market was stronger
With sales mostly a dime better. Top
at $7.45.
General hog market range:
Best light $7.757.S5
Medium light 7.60 ("a 7.65
Good to heavy 7.35 7.50
Rough and heavy 7.00 4T..25
Cattle Market Is Steady.
: General conditions in the cattle mar
ket were steady for the day at North,
Portland. Initial run for the week was
small in comparison with last Monday
and early trading indicated that, killers
were quite keen to take hold at current
values.
At Chicago there was an improve
ment in the cattle trade with values
up a dime generally.
Kansas City cattle market was
strong early with a similar rise.
Omaha cattle trade was steady with
top steers $8.3o.
General cattle market range:
Select steers $7.50 7.75
Best hay fed steers 7. 25 U 7.35
Good to choice 7.007.15
Ordinary to fair 6.60 6.75
Best cows - 6.006.25
Good to prime .' 5.75 6.00
Ordinary 4.00(g5.o0
Select calves 7.50 &i 8.00
Fancy bulls 5.50 6.00
Ordinary 4J00,5.00
Mutton Receipts a Handful. -
Just a handful of mutton were re
ceived in the local yards over Sunday.
Total arrivals were but 297 head, com
pared with 1938 last Monday, which,
too, was small in comparison with
the demand.
: Mutton and lamb market conditions
are naturally of good character wit.l
such a small showing, of supplies;
there not being sufficient stuff avail
able to thoroughly test the situation.
At Chicago there was a strong tone
in the mutton trade generally.
Kansas City mutton market was
stronger with an advance of a dime.
Omaha mutton market was strong
with advances of 10c to 15c. Top
lambs, $10.60 and best yearlings, $9.25.
General mutton .market range:
Spring lambs $9.00,9.25
Grain fed shorn lambs .... 8.00
Best shorn wethers 7.00
Best shorn ewes 5.50
Wool stock is generally quoted $1.00
higher than shorn.
Today's Livestock Shippers.
'Hogs b F. Miller, Medford, 1 load;
W. B. Kurtz, The Dalles, 1 load; H. C.
Moe, Dayton. Wash., 1 load; W. H.
Evans, Pilot Rock. 1 load; L. A. Olds.
Grass Valley, 1 load; Frank L. Shuil,
Goodnoe, Wash., l load; D. E. Meyer,
Imbler, 1 load; Kiddle Bros., Union
Junction, 1 load.
Cattle W. 2.1. Ladd. Oswego. 1 load;
T. Thompson, Lebanon. 1 load; C. W.
Ashpole, Medford, 1 load; H. F. Lemp.
Nampa, Idaho, 5 loads; Andrews &
Kunha, Echo, 4 loads; Hanson Live
stock Co.. Logan. Utah. 2 loads; F. W.
Burke. Webster. Idaho. 2 loads; David
Daniels, American Falls, Idaho. 2
loads: Burt Gleason 2 loads; John Jen
sen, Burley, Idaho, 2 loads; Thomas
Glover, Hanson, Idaho, 1 load: Idaho
C. & C, Nampa. Idaho. 1 load; Maloney
& Halley, 2 loads; Fred Bensinger. 1
load; H. J. Clark. Sugar City. Idaho.
1 load; Still well & Proffitt. Haines. 1
load.
Mixed stuff H. A. Yoakum, Brook
lyn, 1 load hogs and sheep; FrtLnk Cor
rea. Echo, 2 loads cattle and sheep; W.
E. Lowell, Gibson. 1 load cattle, calves
and hogs: R. A. Thompson. Heppner. 1
load cattle and hogs: L. L. Miller,
Nampa. Idaho. 1 load cattle and hiSgs;
J. F. Nesbitt. Payette. Idaho, 1 load
sheep and hogs.
Monday Horning Bale.
STEERS.
Section
Idaho . .
Utah ..
Utah . .
Utah . .
Oregon
Oregon
Idaho . .
Orepon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon"
Oregon
Oregon
Oregon
Orejjon
Idaho . .
Utah ..
Oregon
Oregon
)r (ton
Oregon
Oregon
Oregon
Oregon
No
At. lbs. Price
27
20
14
2(J
1092 $7.75
1183
1192
120C
1110
ias7
920
104
1293
1005
J253
li47
1012
It i27
1071
1270
12.17
1049
10SO
liwrt
10K3
1020
90
10JO
S60
1510
1220
1450
7.40
7.40
7.35
7.25
6.90
6.60
7.30
. 7.05
6.65
7.10
7. SO
7.30
7. 30
7.15
6.75
7.10
6.50
$6.75
6.50
8.50
5.50
5.50
5.25
4.50
$5.00
$6.50
$6.00
$7.25
6.00
$5.00
$7.83
7.
7. SO
7.75
7.75
7.75
7.75
18
15
23
19
25
ItJ
17
23
1
10
...... 24
COWS.
28
12
10
1
1
1
1
BULLS.
1
STAGS.
1
1
Oregon
YEARLING LAMBS.
Oregon 3
Oregon 2
96
90
120
196
198
1W
18S
227
165
154
211
165
142
250
192
816
125
125
112
34J
361
120
120
EWES.
Oregon s
HOGS.
Oregon 91
Washington 1"'
Washington S
lo
Oie;on
Oregon
Oregon
Oregon
Oi egun
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
Oregon
21
. O
85
90
47
lO
1
93
3
20
7
16
3
1
1
7.75
7.65
7.50
7.35
7.35
7.25
7.00
7.00
7.00
6.73
0.65
.50
6.00
i sound, therefore brings an extra nickel.
Mexican retroieum
Up on War Order
New York, April .19. (I. N. S.
The public was in the market. The
character of the buying was excel
lent. Railroad issues attracted a lot
of attention. The .mining shares were
very strong. In the later trading. Ca
nadian Pacific leaped to 174, Erie to
30, Southern Pacific advanced to 84
34vd&
tnion Pacific to 1
Pacific to 1124
Profit taking on the stock exchange
on a large scale near the c'Jse this
afternoon caused a reaction In the en
tire list. Industrial issues were con
siderably affected. The rails, with
the exception of Canadian Pacific,
dropped but slightly. United States
Steel common, 3 points; Amalgamated
Copper. 2 A points, and Bethlehem
Stepl. 5 points. Union Pacific closed
fairly steady at 132, and Southern Pa
cific closed firm at 93. Canadian Pa
cific was 5 points down at the finish.
The close was unsettled.
Wall street started the week like a
whirlwind. Leading stocks opened to
day from a fraction to 8 points higher
and in the first hour of trading 12 new
hi;
h records were made and close
500.000 shares of stock were bought
and sold.
The big feature of stock trading to
day was Mexican Petroleum. The is
sue opened today at 86, a gain of 3
points over the close on Saturday. In
less than one hour it was selling at
94. Contracts made by the cotnpany
with Great Britain for a large suppfy
of oil was the direct cause of the ad
vance. United States Steel touched a new
mark early, when the issue sold at
60. Amalgamated Copper reached
77. another new record, and Reading
touched the highest point for the pres
ent upward movement when the stock
soared to 155 U..
Utah Copper advanced to 67. a new
high mark. Other new high records
were made by Atchison. Baltimore t:
Ohio. Canadian Pacific. Erie. Northern
Pacific, American Smelting and Union
Pacific.
Range of New York prices furnished
by Overbeck & Cooke company, 216-217
KoHrd of Trade building:
UESl-RIl'TION.
Open.
Bid.
Amalgamated Copper Co
American Cur & Foundry, c.
American Cau, c
75
"44
54
3.1
08 v
51 Vj
50
111
57
38
do preferred
American Cotton Oil, c 52
American Loco., c 50
American Sugar, c , .112
Anipricant Smelt, c 734
do preferred 103
American Tel. Tel
Anaconda Mining Co 36
Atchison, c ..103
;do preferred
Baltimore 4 Ohio, c 77
Beet Sugar 49
Retlilehein Steel, c. 139
35
103 Vi
U
78
47V4
135
91
1C9
39
39
13
35
01
130
44
43
34
126
14
79
152
9
17
28
36
45
155
37
121
32
111
104
10
71
141
Brooklyn Rapid Transit 91
Canadian Pacific, c IB!)
Central Leather, c 44
do preferred
Chicago Great Western, c
do preferred j
Chicago. Milwaukee & St. Paul
Chicago & Northwestern, c....
Cliiuo Copper
Chesapeake A: Ohio
Colorado Fuel & Iron, c
Consolidated Uas
Corn Products, c
do preferred
Delaware & Hudson ,.
Denver & Hio Graude, c
do preferred
Eric, c -
.. 12
.. 35 Vi
..131
...45U
.. 4tl
. . 30
. .129
..'14
29
.o id pid
Uo 1st ifd
General Electric
(treat Northern, ore lands .,
Great Northern, preferred....
Ice Securities
Illinois Central
International Harvester
Ictcrurban Metropolitan, c...
do preferred
I.ehlgb Valley ,
Kansas City Southern
Louisville is. Nashville
Missouri, Kansas & Texas, c.
Missouri, Kansas & Texao, pf
.. 45
. l.V-i
.. 39
..121
. . 32
. .10W.
..102
. . 21
.. 73
..145
.. 124 "
.. 13
ie '
.. 67
.. 15V
.. 65
.. l0Vi
.. 28
..103
!!io6'
.. 21
..110 '
..120
.. 45
22
..153
i:
Missouri facinc
National Lead
Nevada Consolidated..!
New Haven
New York Central
N. Y.. O. A W
Norfolk A Western, c.
North American
Northern Pacific, c
Pacific Mail S. S. Co. . .
Pennsylvania Hallway..
P. G., L. & C. Co
Pressed Steel Car, c
Pressed Steel Car, pf.
Kay Cons. Copper
Reading, c
Heading, 2d pf
Heading, 1st pf
Republic I. & S., c
Kt.i.ublie I. & S.. Pf..
17
63
15
89
29
105
78
100
20 -
llOJ
96
- 7
22
153
85
29
85
33
7
93
18
59
33
16
131
SO
70
K7
r.7
108
65
3l
67
83
46
37
32
8
"C.
Rock island .so?
Kock Island, pf
fcw-uthera Pacific, c - 03
Southern Railway, c 19
Southern Railway, pf 50
Tenn. Copper 34
Texas & Pacific 17
I'nkm Pacific, c 132V
Union Pacific, pf -
U. S. Rubber, c 72 Vi
U. S. Rubber, pf H7
T. S. Steel Co., c 60
U. S. Steel Co.. pff Mti
Utah Coppen 07
Virginia Chemical
Western Union Telegraph 6S
Westlnghouse Electric
Goodrich j?0..
Alaska Gold . - S V
Alaska - 08 Vi
37 Vi
RESERVE BANK
STATEMENT
San Francisco. April 19. The Fed
eral Reserve bank of San Francisco
has Issued the following statement of
its condition at close of business April
16" RESOURCES.
Gold coin and gold certifi
cates $13,360,000
Legal tender notes, silver
certificates and eusidlary
coin 8.000
TSilla discounted and loans.. 2,542.000'
Investments . 1,117,000
All other resources... 704,000
Total
resources $17,731,000
LIABILITIES.
capital paia in -.2;.yw
1 - 1 - II PA0 AAA
Deposits net l-s.sao.uuu
Due to other federal reserve
banks . A-38.000
W4i.. .17 71 nn.
Total liabilities $17,731,00'
NORTHWEST BASK alATIiMKM
Portland Banks.
Clearings This Week.
Year Ago.
Monday
.$2,107,471.99 $1,857,C57.30
Seattle Banks.
Clearings
Balances
.$2,418,954.00
377,021.00
Tacozna Banks.
Clearings
Balances
.437,783.00
28,163.00
3s Angeles Banks.
Clearings today $3,666,250.36
Balances 180,685.33
San Francisco Banks.
Clearings today .$8,929,741.42
U. S. Government Bonds.
New York, April 19. Government
bonds: - Bid. Ask.
Twos registered 9S4 99
do coupon 98'4 ..
Threes, registered -..101 ...
do coupon 101 ...
Fours registered 109 H HO
do coupon ..4 1104 ...
Twos Panama 98 ...
Twos 1938 . "98
Lebanon Mohair Pool.
Ihanon. Or.. April 19. The date set
for the sale of the mohair pool in this
city is April 27.
OVerbeck & Cooke Co.
Stocks, Bonds. Cotton, drain. Etc
316-217 Board of Trade Bull ding,
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members Chicago Board of Trad.
Correspondents of Logan & Bryan,
Chicago. New York.
GENERAL BUSINESS NEWS
i .
Talking Machine Business in Pacific Northwest is
Said to Have Shown Notable Increase in Past
Few Months; Oregon Wood Used in Making Cases
GLOVE FACTORY
W. S. Gray,; Pacific coast manager
of the Columbia Graphopbone com
pany, paid Portland a brief visit last
week, bringing announcement that the
past few. months have shown marked
gains In the talking machine business.
"There has been a positive gain In our
business," said Mr. Gray. "My recent
visits in the northwest in which I in
vestigated conditions at Seattle, Spo
kane, Salt Lake and also Butte. Mont.,
convinced me that affairs are on the
to i upward trend. Orders have increased
materially and there appears to be a
better feeling in the air. When the
talking machine business is good it
must be taken for an indication that
other lines of : business are on th-J
mend. Graphophones are generally
considered as a luxury and the fact
that so many people are buying them
now proves that money is coming out
of its long retirement." Mr. Gray was
called to New York hurriedly to attend
a business meeting of the officers of
the company which will bo held April
26. While here he paid a high com
pliment to the Oregon timber which
the Columbia Graphophone company
had found to be highly satisfactory
in the manufacture of cases for the
machines. "I expect to place anothev
order for the; manufacture of the
oases." he said. I "The Carman Manu
facturing company of this city has al
ready turned out an excellent quality
cf these goods.",!
Portland to Have XTsw Glove Factory.
E. W. Simmons, who has been
operating a factory at Chehalis, Wash.,
for four years, lias closed details with
the New Chamber of Commerce for the
moving of his establishment to Port
land, lie will bring six families with
him and the factory' will be started
here within two; weeks. Through the
efforts of . the consolidated chamber
!
i
PROGRESS IS MADE IN
ADJUSTING AFFAIRS OF
. SMITH TIMBER CO.
Liquidating Committee at
Chicago '-Makes Arrange
ments Wjfh Creditors,
Progress is being made in the ad
justment of the affairs-of the C. A.
Smith Timber company, which has
I large holdings near Marshfleld, ac-
UU1 .J au v 11.0 c w cu limits 11 u 1 1 J
Chicago. The reorganization program
has not been finished, but 38,000 acres
of Linn and Lane timber property in
Oregon have been sold and $50,000 of
the $1,350,000 first Cs of 1910 of thut
company have been paid by the C. A.
Smith Timper company, and the bal-
j ance ($1,300,000.) assumed by the pur
jvi! chaser of the property ( tn Continen-
1 .. 1 'rrl.A I ...... .. . . . -. i . ,
tut a , 1 t t uauu ku f 11 yiuLii y , wuu aioO
paid in $200,000, which has been used
to settle some of the funded obliga
tions. The liquidating committee is getting
the note holders of the C. A. Smith
Timber company to agree to take new
bonds for the overdue notes atftl others
maturing in July, There ari $2,100,000
collateral trust notes due in July, 1315,
and $602,000 of other notes overdue.
ine pian provides that both lgftg
shall be exchanged for new bonds ma
turing in seven years. Deposit of the
$5,000,000 of first mortgage sinking
runu bonds or iuiz, or wnicn $113,500
matured February I, has been , re
quested by the Poole bondholders' pro
tective committee and $4,700,000 bonds
nave been deposited; it is planned to
extend the maturity of these bonds to
give the liquidating committee a
chance to liquidate other of the fo'mith
timber holdings.
The unsecured creditors are co
operating and a large number have al
ready accepted one year notes. The
plan, however, has not yet been de
clared operative.
FINANCIAL NOTES
Wheat Acreage Increased.
Miles C. Moore, ex-governor of
Washington, and president of th'e
Baker-Boyer National bank of Walla
Walla, was a Portland visitor last
week. He reported increases in the
wheat acreage of the territory tribu
tary to Walla Walla and conditions
lavorable for an increased fruit crop.
Deputy Governor Here on Business.
Russell Lowrey, deputy governor of
IT
the Federal Reserve bank at ban rTan
, clsco was ln Portland Saturday and
Sunday on business connected with
tne teiftn district bank. He came
Irorn yan Francittco to confer with
Charles 8. Hamlin, governor of the
I federal reserve board, and John Per-
! rin. chairman of the board of
the
twelfth district, but remained after
their departure for the south to meet
Portland bankers.
rorest Orove Banker Here.
E. W. -Haines, president of the First
National bank of Forest Grove, was
in Portland Friday on business.
United Cigar Stores
Corporation Eeports
The United Cigar Stores Corporation
of Amerifw, which has branches In
Portland dnd practically every other
large city of the country,, has Just sub
mitted its report for the year ended
December (31, 1914. Dividends and in
terest on its holdings amounted to $2,
241,798, a decrease of about $70,000
from J913. The total surplus of the
corporation was '- $1,713,000, of which
$20a,000 was acquired during the year.
Secretary George; Wattley has an-
The Bank of California
I NATIONAL ASSOCIATION
! Of San Francisco
1 Founded 1864' j
Capital paid in - - - - - $8,500,000.00
Surplus and undivided profits - $8,219,494.90
Commercial Banking and Savings Department
PORTLAND BRANCH
Third and Stark Streets
-
WILL SETTLE HERE
this new industry has been brought
here and the temporary officers or tno
body believu that other deals, now be
ing considered, will be put through
within the next few Weeks.
Placer Gold 'round. -
Samples of placer gold have been'
brought into Port Orford by R. W.
P.uffum and C. H. Smith, who liavj
been prospecting In tne vicinity of tlio
J. R. Smith strike on Rock creek. it
lb believed that the Indications are
most excellent and thut great mines
will be developed In that section.
Shingle Men to Me.
At a meeting held in the offices of
the L. B. Menefee Lumber company,
owners of all the shingle mills on tin
Columbia river agreed to Join ths
West Coast' Manufacturers' association
at a meeting to be held In Seattle next
month, S. C. Tev'is, vice president of
the L. B. Menefee Lumber company,
was elected chairman of the gathering
and will handle the formation of thu
local association.
Back In Former Quarters.
Phegley & Cavender, haberdashers,
are pleased to be back In their old lo
cation at Fourth and Alder streets.
The store, which was compelled t'
close on account of the Alder hotel
fire, has been remodeled, ne"w .shelving
being one of the additions.
Oregon Products Suggested.
Asking that provision be made tn the
proposed public auditorium for land
product s-hows and Industrial exhibits,
and that j Oregon productx be used In
construction of the building; a commit
tee of tlie Manufacturers' association
appeared before the city council lust
week. David M. Dunne uc-ted '11s
spokesman. The members of the com
mittee were D. M. Dunne, O. E. Ilelutz,
T. S. Mann, 11. 'W. McMonnles and 1L
A. Connor.
nounced that $2,000,000 was pent dur
ing the year for new improvement
and advertising and that pinna .no
vfoot to acquire new business..
FRUNE CROP LOOKS BIG
Vancouver. Wash., April 19. Prune
growers in all sections of Clarke coun
ty are elated over the prospects of a
big crop this year, early Indications
pointing to one of the largest crops In
the history of Clark county.- No dam
age has resulted from frosts, and the
heavy rains the latter part of March
and the first part of April did no
damage, either.
1
A
FAMILY
DEBT
The individual who
is possessed of prop
erty owes it to his
family . to make a
will. The time to -
do this is when the
faculties are unim
paired. A safe and business
1 i k e administration
01 your tstate is as
sured by the ap
pointment of this
company as execu
tor. ' . .
TITLE & TRUST
COMPANY
Title and Trust Bid
Portland, Oregon
i
THE
Canadian Bank
of Commerce
Head Offlcs
TORONTO. CANADA
Established 1867
A General Banking ' Businett
Transacted
Interest Paid on Time Deposits
Commercial Letters of Credit
Issued
Exchange on London. England.
Bought and Sold
PORTLAND BRANCH
Corner Second and Stark Sti.
F. C. Malbas, Manager