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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (March 5, 1917)
THE OREGON DAILY JOURNAL, -PORTLAND. MONDAY. MARCH 5. 1917. 13 GREAT, BRITAIN IS SNAPPING UP AVAILABLE WHEAT STOCK Edited by HrmuH.Cobm NEV POTATOES AT 10 CENTS MAKES 1916 CROP SEEM NOT HIGH Florida Stock Being Crabbed at Extreme' Figures by Those Complaining of Speculative Values in Old Crop Production. -. . . i. ' ... ' mjj. t iiu yuufttu w a sb - - mw potatoes at 10c poo ml wholesale ixl quit a few carloada eold thron shoot tbe couv try around this price, seemingly Uere should be little complaint to offer at tbe price of eld potato, which re .materially lower than tbe new growth. There will likely be little new atock offered from the far aouth foe some time to come because reports from there indicate that re cent frosts hare "tan" most of tbe earl rroji, Old Dotatoes are showing an extremely dull tone locally, with the Jobbing price down to 3.SO ner cental a ions -tbe wnoiesaie wax The only purchase reported of late in the country bare been arouud $3 per cental and only small business was snown. " . Wholesalers and shippers are receiving many offers of potatoes from producers who were unwilling to sen woen ine iraue was ireeij offering $3.5033.76 for best stock. While the central Idea of the trade U that tbe present weakness win not long remain in the potato even blather than to -dato this season.atlU pro ducers are somewhat alarmed and are quite willing to do business on the present Oasis. BUTTER MARKET 1 FIRM Market for butter is holding firm all along the coast ao far as the wholesale trade l concerned. . Both creamery and dairy hsve shown maintained velues recently, while the output has been comparatively small. CIIICKEXS IN GOOD DEMAND ' Chicken market is In very good position on the wholesale atreet with receipts still small and demand good, fttl heavy hens are eager ly Miivht and antTut ure Mill tn be asktnar a fractional advance. SMELT RUN REMAINS GOOD Local trade continue to report a liberal haul of smelt In the Cowlitz river -and local offerings sre favoratle. Demand Is so keen, however,, that the market In cleaning np from day to day at former prues. COUNTRV MEATS ARE FIRM AJl offerings of country killed meats are liowing a firm tono locally with prices well maintained. While this feeling la especially true aa regards hogs, tlw demand for Teal is showing an Improvement. ;CABBAE PRICE AT RECORD With sales of Oregon cabbage at 737Hc a pound. i the record price 6e all previous time Retailers Belling Canned Tomatoes Lower, Wholesale - r . - Sell Standards at $1.20 a Dozen . When It Costs $1.40 to Re place the Supplies. 'Tte extreme strength in; the canned goods situation Is Indicated by the offering by Cali fornia ' interests to repurchase remaining stocks of 1016 pack of standard tomatoea held by , tbe local trade at $1.40 per doaen. Tbe opening price was around 86c a doaen. Despite this real strength la the position of the canned tomato market as well as in all lines of vegetables, some of tbe retailers persist in selling this same stock to con sumers at 10c per can, which mean but 91.20 per doaen or a loss of 0c a dozen from what tne stock can actually be replaced at to the wbolesale trade. i -'- . So far as ths local trade can remember there never was a time twben the outlook for canned food products was so extremely firm as at present. Corn,: peas, string beans and other Tegetablea are abowing strength similar to that indicated by tomatoes and the entire canned fruit market shows a like con dition, 'i'be same Is true of all canned fish lines. . i lias been broken In the local trade supplies of local stock remain and Only BCant California supplies sre just as high-priced, quality con source. BRIEF NOTES OF THE TRADE Cheese market very firm at the recent ad vance of He. Better quality cauliflower expected from the south. Actual contracts on Willamette valley wool at 46e a pound. Suarar market Is steady to rirra. Beans sre iuoied firmer, but no general price .change noted. SHIPPERS' nVEATl NOTICE Weather bureau advises: Protect shipments during the !u-xt 48 ho-.ra aa far north a beattle against niuiimnm temperature of alwut 84 degrees; northeast to Spokane 30 de arses; southeast to Boie 22 decrees; south to AD land, 36 degrees. Minimum tempers tUTS at Per ht about ltd degrees. Wheat Opens Lower With Small Demand In Chicago Market ..... i . i. Chicago, March 5. (I. ri.g.) Wheat open ed Ittc to Vie loyer today. Profit taking and scattered selling wss apparent through the commission benses, while tbe demand was limited. Soon after the i market began to show advances. I Corn was easier and He lower on general commission house selling, i Oats showed independent strength, being Vie higher. . Provision were unchanged. Business on the board of trade was sus pended for five minutes still o'clock in honor of the Inaugural ceremonies at Washington. Chicago range by L'nlted Press: Close. 188 158 H 140 Vs 106H KM 106 60S 67 8380 3325 1935 1935 1T82 1782 NORTH PORTLAND IS HIRING NEW MARK FOR ALL LIVESTOCK All lines Are Showing Advances Ilogs Advance 50c With Top at 13.50 Lambs Climb to $13.25 Cattle . Also Higher. PORTLAND LIVESTOCK 11CN. Hogs. Cattle. Calves. Sheep. Monday ' 2396 Saturday 444 Friday 112 Thursday 151 Wednesday 272 Tuesday 213 Week ago. 1644 Year ago 2141 Two years ago IT 20 Three yers ago....l7l Four years ago. 002 1398 .'.2 7.1 67 46 49 1017 684 1M7 672 438 6 3 5 3 9 89 5 17 8 1086 iiis 604 322 984 1888 1790 ' WHBAT Open. High, i low. May 1X1 V, 191 ! 187 "4 July ..... 168ti 161V i 167H Sept. ..I. 147 1 481, ! 146 CORN i May 100 1 106 Julv ..... loo 108 i ! 10M Sept. lO&Vs 107Vi lOOVs OATS Msy 60 .t4 69 July 574 38 Si 67 PORK May 8340 S:fi0 -t 3,40 July 3350 SSjO 3325 LARD May .....1013 1V2 1925 July 18S0 1950 19Z5 It IBS Mar 177o 17! 1T6 July 1T5 1797 1770 JOBBING PRICES IN PORTLAND These wires are those at which wholesalers Sell to retailers. exc.t aa otherwise atated: Dairy CTMIuca. ttTinrnr.R Cream rv . urinra in narafflse wrappers, extraa, 42c; prime firsts, 40c; firsts, 8VVc; cubes, le leas; cartons, lc advance. BliHtKlii t'ortiaua aejvery o, 1 soar cream. m; z, ic. EUGS Selling price: Case count. 23 24c per dozen; buying price, lilc; selling price, candled, 24c. , - LIVE POULTRY Hens, heavy Plymouth Kocks, 20c lb.; ordinary chickens. 19c per lb.; keys, 20(321c dressed fancy 20 26c; culls, 6(220c: squsbs, $2 tlo.n: geese, live, 124 18c; pekln ducks, Voung, 23 4,26c; Indian Kun- youtig, ..(tfisc; oia oucas, ivntzu id.; COTTON PRICES ARE UP WITH BUYING EXTENSIVE i New York. March 5. (I. N. 8.) A firm tone in cotton 1 was displayed todar at the opening with prices 10 to 12 points higher. There was bUt buying, especially of May for tbe account of the spot interests. Liverpool and Wall street also bought and commission bouses, New Orleans and local operators sup plied the lists. After the call there were some realizing sales and recessions of from 3 to 4 points occurred. Mlyerpool w as S3 to 29 points higher. : Range of New York cotton prices furnished by Overherk & Cooke Co., 216-217 Board of Trade building: i Open. High. Low. Clnee January 1680 1686 1675 1676 March 1775 1803 1762 1780 April 4 1780 May , 1760 1798 1750 1775 July 1755 1786 1740 1763 Auguat nau September 1675 1785 1705 1677 October . 1660 1683 1650 1665 December 1675 1686 1664 1672 PORTLAND DAIRY EXCHANGE tdeeona. SI. 25 dozen. CHBESK Selling price: Fresh Oregon fancy full cream triplets, 25c; Yotuur Americs, 2Pc Price to Jobber: Flats, 13c; Young America. 24c f. o. b. : cream brick. 272c: Limburger, 25C?6c; block Swigs. 84 35c. jrresn .rmts ana vegstssisa. FRESU aUCllS Orungea. navel. II. TEe .00 per box; Dananaa, oc per in.; iemona $3.00U4.00; California grapefruit, S2.004t2.25; i-lorldi, $3.00a.75; peara, (L40Q2.00. BKUKies aucklebvrries cranberries ArrLKa uocu, txtavi.w, according to quality. " ONIONS No. 1. I9.0TX310.00; No. 2, SOQS per cental: aaaociation seumg price at country POTAXOES tielUng price: Local, $3.50. Buying pflce: Ordinary shipping, $3.uU; sweets, No. 1, 14-50. VKtis7J.Ai3La iiimips, fijoo per sa"k; earreta. 1.K; parsnips, Sl.oO; Oreaon cal1- hsge, 7(470 lb.; green qnioos, 2oc dozen bunches; peppers, 805i!6c lb.; hesd lettuce, X. per crate; celery, S5.506.0O per crate; arti chokes, i.ova '.; cucuuuers, fi.00 dozen; tomatoes, k'lorida, ko.504to.50 crate; egg plant. 20c lb.; string beans ( ) lb.; inubarb. lie 10.; peas, ioc; cauliflower, uiiirornla, 92.850 V ' ' . , " I avals, xisa ana rrcvisions. IDRESSs,l AUtAAS flriUua urin- rmnK, killed best hogs, 16c; orulnary, 14al5c: best reals, l-tfe315c; ordinary, lvtil4c: lsuiltc: uiutton, 12ldc; beer, itiuc lb. .bMOKKl) MKAT Haina, aaraioc per lb." bteakfast bacon, HSHiac: picnics. ls-r v.t. tags roll. 21c; short clears. 'Axazicl Oresun LAUD Kettle rendered, tierces.. 20 u ih - standard, 20c; lard compound, loc tOYBTBR Oympia, gallon, ga.M; canned mieni, tMv( fu.v u. , caaiera in sneiL .u per loo; razor cuuna, t I; eastern bisters, per gsilon, solid psck. i fln-l Dreseed flotinders. 7c: chior.k t. nw oci icmu, uiit; percn, avc; ktb stsra, i ); sUver welt W; sslmou trout pet lb.; halibut, laQjlbc; sturgeon, istc Colombia smelt. lH42c. ' CUABaLarge, ; medium, $1.70 doses t st ring, 6c; black cod. 9c lb. ' f ' Qroceirlsa. .fcUQAR Cnbe, $9.10; puwuered, $8.70: frul ot .berry. tH.IV: Honolulu. te.W: it tt un: ory granulated, $a.lo: U yellow, $7.5u. Above tKtaliour are 1K days net csah. UU,M New, d.0it4.2i per case '.Ufltsr-Japan stjle, ho. 2, 4-jc; New Or Irana bead. i1kA(n:. bins rose. tiAe. 'HALT Coarse, bail grounds, 10u, $n per m, wo. e&A'j vw&e uauj uuo, sio.uu; luus U.5t); bii-, $2JS; fancy table and dairr i..ou; lump ruck, $20.uo ton. UEAlla smau wnite, lic; large white puu, ai7Bc iiyac; ocywa. $&.2V, I Aopa. woai a. xtldsa. ;BCP8 Nominal, oyinc price, lsia otdtnary bkjK;sslected, Ditfloc; contracts i WOOL 1916 clip: Wl)iroette .alley coare .it, uiniJiuB onropature, 40c; fine. M - ..t.ni Onm ht.iJ. : , : - , , " WiyMC WCJ k-s. cuorse and medium ILlasAn UilDbUi Salted hides. 25 "lii- nri Bn aiiec ov iw. ana un. if . ksltetl kip. as lbs., 18c; green and salted c.tlf iM up, 16c; green stngs, Ui lbs. and uo lac- d.-y niues, ane; ory wit tides, 25c; dry horse hides. lX0ttX5o; se!r hrrse hide. i.Zl 6.W; horse hair. Hoc; dry lour wool nelta- SlJ? ' L imlri. . . ' ,CfP shear- ies.b: louduei saltea lonr wool .Z7 el.0UC2.M; saitea abort wool pelts, each, 60- TALLOW No. 1 8c; No. a. 8c: rr., u. VUiJ.'TiM UK CASCABXBARK Bnrlna UUHilH into,' .10J 43 . tl SAL Dark. 14Hc; wllte, 15o lb. r- .: : ratnta ani Oils. COAL OIL Water white lu drama and Ibarrela, lOc per gallon. iuNSEED OIL Raw bMs.. 11 tut .i . ettla boiled, bbls.. $1.10; rsw. raaes. $Ia6; uc,,naca, gat; oc a&V-galZ J Prices between dealers : i BUTTER. Week Mora. FH. Tun. WW. Tue. ago. Eitrss 39 3. 89 Dairy 29 39 EGGS. ! Current receipts ..24 2314 28 CHEEKS. TUtamook trip..,. 22 22 23 Oregon trips 21 21 i 21 29 22 21 89 24 80 24 27 0 S3 21 22 21 DAIRY PRODUCE ON COAST San Francisco Market. San Francisco, March 5. (U. P.) Butter Extras. 85c: prime firsts, 34c. Eggs Extras, -2ac; extra nrata, 25c; first. 23HC Obeeee California fancy. 21 He: firsts. ztftc; uregon mpiets, iancy, zac BeatU Market. SeatUe. March 5. (U. P. Butter Natlrs Washington creamery brick, 43c; storage cubes, one; do nncka, Bsc Urirs Select ranch. ac Cheese Domestic wheel, 86c; Oreansi trio lets, zic ' - im ancsiM mm Los Angeles. CeL, Mai eh 5. (P. It. 8.) c.gga auc. : Butter 35c i POTATOES ALONO THE COAST Ban Franclzoo Vaxkat. San Frxrvclsco, March 6r(U. P.) Potatoes Delta. 4.004-25 per cental, with ons ex tra fancy brand higher; i Oregon Uarbanka. s3.90(ffi4.15. Onions Brown, S7.8(XSS.ov per sack, ez-lce- houee; Japanese, $6.00(317.00 per crate of about 100 pounds. , Saattle Xarket. , Seattle, March 6. U. P.) OnlonsHt-Oregon. 1012c; Yakima, 8t210c; boiling. 4fec; green, dozen. 35c. Potatoes iskinia Gems; 80.00(a85.00: seed. SS3.00; looals, $75.00; sweet, per pound 514c Chicago Gash Grain. Chicago, March 5. Cash wheat No. 2 bard winter, $2.0u; No. 4 northern spring. $1.80. Corn No. 2 March, $1.07(21.08: No. 3 March, $1.08l.O7H; No. 2 yellow, $1.08XQ 1.0&; No. 3 yellow, $1.081.0654. Movement of -Eggs Is Improved When Price Is Lowered Local Trade Somewhat More. Act ive and Stocks Are Held Steadier Here. North Portland sets the hoes, cattle and sheep market for the rest of the Pacific coast markets. ,Iu soma of the other markets, tbe country buyers get out among producers and purchase supplies at much leas than they can purchase in this market. Some of the other coast stockyards are run entirely In this man. ner, meaning the loss of many thousands of dollars anaally to the country shipper who fails to send his supplies to a com peti lire. market such aa North Portland. For Instance there were very liberal pur chases of swine in Idaho during the lest few days tor today's arrivals at $12 per hundred pounds there. It cost less than $1 per hnn dred pounda to ship to the Portland market. therefore on the beats of today's market the country seller Is losing money. The same is true of cattle and sheep. Hogs Advance 60 Cents. There was a sheer advance of 50c per hnn dred pounds In tbe price of bogs at North Portland when a sale of a carload lot was made at $13.50. the highest price ever reached here sines Portland was established. The hogs that brought this extreme record price came from 11. S. Mitchell of Joseph, al though the entire shipment over Sunday brought unusually good values. Buyers from other markets await news from Portland before naming their quotation In many instances, thereby establishing this market as the price maker far the entire coast. General bog range: Heavy packing $13.404?13JO nest light 13.0013.25 Kongh heavy j 12.0OW 12.23 'igs . ll.(MKtll.2e Stockera 10.25tfl0.50 Cattle Prices Advanced. In the rattle division of the North Portland market, the top price for steers was moved to $10. While there was a nominal amount of business done here lsst week at that price. the general market for extreme tops did not move above $3. SO. During the morning trade there were sales in carload lots at $9.8o9.85. The cow market was also firmer, with early sales roc higher, but closing quotations were just about steady. Calves again sold firm st $10.00. General cattle msrket range: Best heavy beef steers $9.80(310.00 Best light beef steers 9.504 9.75 Beat beef coves 7.754 8.00 Best heifers 8.00 Ordinary to good cows T.50Q 8.50 Best butcher bulls O.MXci 7.00 Light bulls 5.0046.00 Calves 7.0OQ1O..V) Stocker-feeder steers 5. 76 (is e JO Stocker-feeder cows- 5.00 6.00 Lambs Go te $18.25. Market for lsmbs was shifted np a sheer 25c in the North Portland yards st the start of the week, with extreme tot at $13.25. There was a sale early of Shorn yearlings. wblch broke sll previous high priced records here while wool yearling wethers went at $11.75. and ewes st $9.75. There-wss only a small run of beep and lambs In the yards here, and the trade la still famished. General mutton and lamb market: Best east of mountain lambs $13.20313.25 Best valley lambs i2.B0, 13.00 Wethers ll.504ill.75 Ewes 9.601 9.75 Goata 4.234J 4.60 Konday Livestock Shippers. Hogs Pally Bros., Mootoor, Idaho, 1 load; J. L Lue, Ridgefield, Idaho. 1 toad; G rover Bros.. Psyette, Idaho; 1 load; Vale, 1 load; W. B. Hunter, Enterprise, 1 load; W. Og burn. Red Bluff. Cal, 1 load; W. B. Hunter. Lostlne, 2 loads; Elgin Forwarding Co., Jo seph, 2 loads; II. S. Mitchell, 1 load; O. E. Weed. Oreland, Cal.. 1 load. Cattle A. Lv DeMaris, Lowden, Wash., 1 load; F. A. nagedorn. Walla Walla, Wash.. 1 load; Wystt Livestock Co., Caldwell. Idaho, 2 loads; B. II. Jenn, Nam pa, Idaho, 7 loads; V. C. Miller, DIUard. 1 load; Charles Uogue, North Powder. 1 load; Union Meat Co., Haines, 2 loads; William Duby, Baker. 1 load; F. C. Oxman. 1 load; Sol Dicker son, Welser. Idaho. 1 toad; Frye tt Co., Echo, 1 load; L. L. Miller. Ontario, 4 loads: Lester Wsde, Arlington, 2 loads; E. M. Stephens, Shsvnlko, 1 load; Z. Brown, Gateway, 8 loads; G. 8. Pratt. The Dalles, 1 toad; L. J. Boa art. Woodland, Wash., 1 load; J. W. Barry, Stock ton, Cal., l'load; Nichols Mace, Redmond. 8 toada; C. C. Woods, I load; J. Houston, 2 loads. Sheep J. H. Dobbin, Enterprise, 2 toads: Ketchum Son, The Dalles, 1 lead; R, N. Steofleljl, Stan field, 1 load; A. Prod son. New Plymouth, Idaho, 1 oad. Mixed staff Sol Dlcket-Mm, Weser, Idaho 2 loads cattle and hogs, W. A. Caughansten. Payette, Idaho, 2 toads cattle, calves and hogs; J. S. Lue, Pecabo, Idaho, 1 load cattle and bogs; M. J. Ualiey, Welser, Idaho, 1 toad cattle and hogs; L. L. Miller. Merlden, Icaho, 4 loads cattle and hogs; W. B. Hunter, Joteph, 1 load hogs end sheep; Frank Wann, Mt. Angel, 1 load cattle, calves and hogs, C. Miller, Redmond. 1 load cattle, hogs snd sheep; F. Bunn, Pendleton. 1 toad cattle and hogs; Baker, Ward & Harrington, Caldwell. Idaho, 8 loads cattle, hogs and sheep; C. Howell, Robtnette, 2 toad cattle and sheep. Movement of Livestock. North Portland movement of livestock shows: Cattle. Calves. Hogs. Sheei There is a much better local movement of eggs and in general the wholesale trade was somewhat steadier daring the morning activities- Receipts of eggs continue rather liberal from local places and were It nojfxbr the fact that one of the big provision botiaes began to clean up stocks by placing them In storage. the market would be in a very nad condition. That the drop in egg values all along tbe Pacific slope has been far too rapid for this period of the season. Is indicated by recent stiffening of California guoiatloos. At tbe lower prices in tbe south, California shipped heavily to practically all parts of tbe country snd this cleaned np the surplus there Several of these cars came to the local trade last week. It Is not likely that any of the southern stock csn be used for storage. Tbe steamer voyage is considered a detriment to long-time storage and for that reason storage Interests are not Inclined to handle them ex cept perhaps for a short-period. BANK STATEMENT OP COAST Portland Bankx. Clearing This week. Year age. Monday $ 2,244.980.86 $ 1.982,849.06 Los Angeles Banks. Clearings Clearings . Balances ... Clearings .. Bala Clearings Balances Clearings Spokane Banks, Tacoma Bsnks, Seattle Banks. San Iranoisoo Banks. .$ 5,4e0,2?.00 .$ 1,006.868.00 60,727.00 .$ 407.342.00 46,970.00 .$ 2,982,377.00 aU3,H .00 .$16,821,602.00 AMERICAN LIVESTOCK PRICES VHEAT MARKET TONE IS EXTREMELY GOOD IN WORLD'S CENTERS a i . i i saw si V V ' - Congress' Balk Is Cause of Slump in I N. Y. Stock! Mart Br Charles T. Storm. New fork. March ft (L X. S. Tbe news of tbe failure of cons-rest to pass tbe ad- Finance :: Timber' :: industry British GoTerBment Takes Over Entire J rite Sxrpplj Sonthem Pine" ! Interests Plan Trade Ejrpamstoir-rGoods Trade Excellent and , Mills Are Sold Up Foreign Trade Opportunities. , ; " j Chicago Has Sharp Early Advance for Cereals and Liberal Bid. ding Shown by Europe in the Pacific Northwest Sections. yiour to Advance. A further advance of either 20 or. 40c a barrel Is expected In the local flour market al most any moment, due to the extreme strength and demand for wheat. This would place patent Hour at either $8.60 or J8.80 per barrel, either of which would break air previous price records liere. Ths advance was Justified today but some of the ieadlng- millers are adverse to making the change until com pelled to. NORTHWEST GRAIN EBCTCIPTS. Cars . . . Wheat. Barley, flour. Oats. Hay roruano, alon.. 10 .... a j 12 xear ago 3 13 2 23 Season to date. . 4051 176 1105 19J 1731 I ear ago 9226 135S 13U2 837 102 Tacoma, Sat.... lit 2 2 ear ago 45 2 3 22 season to date.. BOBS 110 272 1641 lear ago SU54 489 .... V76 1844 oeaiue, eat..... 14 2 6 S 1 Year ago 45 lo 5 8 2 season to date.. 4166 2S2 1226 017 8077 Year ago 674J 1165 Itkw 800 8208 -j Chicago. March 5. (I. N. B.) Bogs sold here today at $14.20 per hundred pounds, an advance of 25c over Saturdays' market. Many shippers were nnsble to fill orders. Canadian shippers were a factor. It waa predicted that bogs would go to $15 before March 15. Chicage Ecga $14.40. Chicago. March 5. (I. N. 8.) Hogs Re ceipts. 40,000, 25 42 35c higher. Mixed end butchers, $13.65Q14.20; good heavy, $13964 14.40; rough heavy, $13.6513.00; light, $13.40 314.10; pigs, $10.60aii.W); bulk, $13.85 14.15. Cattle Receipts 13,000, 10 (3 20c higher. Beeves, $7.75&11.25; cows and heifers, $4.75 SflO.tto; stockers snd feeders, $6.90(39.40; Tezsns, $8.75 10.75; calves. $0.501311.25. Sheep Receipts 16,000, 10c higher. Native and western. $7.3501230; lambs, $11.75 14. C5. Denver Hogs $13.7$. Denver. Colo.. Msrch 5. (C. P.) Cattle Receipts 1500, 10215c higher. Steers, $7.00 (10.50; cows and heifers. $6.00428.00; stock ers snd feeders, $7.O00.50; calves, $0.00 11.50. Hoars Receipts 700, 20 25c higher. Top $13.75; bulk. $13. 40G 13.75. Sheep Receipts 4300. strong. Ewes, $ll.oe 611.40; lambs, $13.35(813.90. Seattle Hogs $18.10. Seatile, Wash.. Msrch 6. (P. N 8.) Hogs Receipts none, strong. Prime lights, $12.9013.10; medium to " choice, $12,750 12.85; smooth hesvtes, $12.25 12.50; rough beaties, $U.75312.00; pigs. $9.60(312.00. Csttle Receipts 27, strong. Best steers, $9.75(59.90; medium to choice, $9.609.75; common to medium, $6.50Q8.50; best cows. M. 85 8. 50; common to medium cows, $3,650 7.00; bulls. $3.5066.00; calves, $6.509.50. Sheep Receipts, none, strong Lsmbs. $1225(912.50; wethers, $10.25(310.50; ewes, $9.00 10.00. . Money and Exchange. New York, Msrch 5. (U. P.I Money on can. W, per cent. x months 84 ?S per cent; nr.erranlile paper, 4-H per cent; bar ailver, London. 87 5-16d: New York, 76 c. Demand sterling, M-76 7-16. 1tv44aV. V. V. T.M Tli tovltlaK wrap nUalstralna mrasnre had a dlaappotating ef- . .v.. ,kkM nam. feet on the work market !n the ewly trading "c .f."C Jjjj today and some losses were snstalned. The ln of all oid stocks of raw sMpemg hra were aneat dirertry after ten. JUtO la the Lnited Klngdon and in var in e preferred dropping 44 points to TOS. I lenas to isae possession or any un bnt rallied to 71.. Atlantic. Unit lc West I sold stocks arrivlns; after- todar. All Indies opened 1 np at 1V. I dealings In raw Jute on spdt. In transit. united states teol common declined u or In course of shipment prohibited. 107V. and wstlniied. In ' "PPl. .10U0P- Deallncs In Jute for storta In India ft! tTlwl rZ .l1.2 .Zr mli ir. or fot- Wpment from India direct tu neocVr 7 ' t neutral countries not prohiS- The stork market ckwed strswg. go' aneat bands nnchaued. Salrwsv and other bonds strong. I onusra ras ttsos xxpaamoa. Steel stocks continued la demand m Ue I Kussell T. Green of J4w Orleans has fh.al dealings, the Bethlehem lasses making I been appointed manager of ths trad the greatest gains. Republic Iron a Steel 1 extension department of the Southern pou- " 1 l'lne association, effective March 1 nam Close! at IIV,. 1 Mr Rhn i. nnw .ul.lint r,mf.mi Sales 834. ZOO shares. TV- " . v. . ZTTT. 1 I V ivicsiiv vi Vlsaj a AVI& OlsUT RIir f Nw York prtc4 fstrnWivM by 1 Cllr A nf rnrtirr Kvran nnlvar. VirrUTK tIM alO-aUl OOmTa 91 Him I tT PnirlnnlniF V . ws J Is V Tim "-"uu- I hum nnavUuislv rimlA sys.nf 9 ths -e mr s'M vs HBSCRIPTIO.V. Openl Hlgtil tow Alaska Gold AlUalaunera. e American Beet Sugar. American Can. c American Car Fdy e. American Unseed, c . . American Loco., c.... American Smelter, c. . American Hugar, c. . . American Tel. k. Tel. American Woolen, e. . Anaconda Mining Co. AtchlMn, e Baldwin Loco., c Baltimore ft Ohio, c. Bethlehesi Steel, c... Brooklyn R. Transit.. Botte A Superior..... Call. Perroleuin. c... Canadian Pacific Central Leather, c. . . . Chesapeake A Ohio... Chicago A G. W Chicago. M. 8t P.. Chicago le. N. W'., c. t"blne- Copper Colorado P. A I., e... Cons. Oss Corn Products, e Crucible Steel,. c Distillers Brie, c General Electric Goodrich Rubber fit. North., Ore Lands. lit. north., pri.. Oreene-Oin Hide A Lther. c Ice Securities ... Illinois Central,.. Industrial Alcohol I expiration Interbom. c. Ktnoecntt Krn. City Southern, c. Lackawanna Steel I-ehlrh Valley Louis, tt Nsxhvllle By Hj-pian II. Cohen. The biggest pleee of news that has come for ward to the grain trade for an extended period Is the cable from Melbourne, Australia, which stys that the British government has purchased thr balance of the 1915-jo1 wheat rxp ot Aus tralia, as well as the entire coming crop of that commonwealth. Tbe price Is said to be $1.1 pet boshel f. o. b. Australian shipping ports It Is estimated that the parchase of the new crop will Involve 112,000.000 busbe's. ' This purchase slone would Indicate to the trade that stocks of whest in Europe sre far below what the trade there wou d have haa the American whoot anxainer hMv I. proves once aagln that the early forecasts by ' Wxwell Motcm. c. inc journal that the 1916 wheat crop was ln adeiaate to fill current requirements ,of tbe world's trade snd that there was not even tbe a Ugh teat excuse for tbe recent declining prices for that cereal. The Australian news brought forth very sharp advances 1 the Chicago price dnrlng tbe early day's trad!i and stimulated activity at interior Pacific northwest points. Europe U eagerly niadlng lor wheat supplies alone the racinc coasT. aa well aa on the Atlantic sea board and there la also a very liberal demand i or casn stnir rrom the central west. Flour situation la naturally verr strong 'la view of these condition snd the market is very firm at $8.40, the advanced price quoted by Tbe Journal en Satuiday. A further ad vance of 20c a barrel would not be sur prising within the next few days. FLOUB-Selling price: Patent. $8.40: Wil lamette vaiW. $7.90. local atralzhL $7.601 8.00; bakers local. $.20&8.40; Montana spring, $9.40; exports. $.35; whole, wheat. $c.60; graham, $3.40; rye flour, $3.73 per barrel. HAY Buying price, new crop: Willamette valley timothy, fancy, $100; eastern Oregon Idaho fancy timothy. $22.60; alfalfa. $143oa 140; Taller vetch. $13.00: cheat. 813.00: clov er, $11.00. GRAIN SACKS Nominal. No. 1 Calcutta, H&UHc In car lota; less amounts are higher. Mi LiSTCTTS Selling price: Bran, $25.00: aa. or t a, fzs.oo. 7H 27H 894 43 V 65 19 7H 112H 11234 12541128 48 HI 52 824 4k 102S!1024 71 ST 21s 4K 68 194 724 101 American Wheat Options. Duluth Winnipeg . . Minneapolis . Kansas City St. Louis, .. 1' . ... i, Msy. .$1.90 , 1.864 . 1.894 . 1.65 . U7 4 July. $1.82 1.844 1.824 1.54 V4 1.56)4 New York Sugar and Coffee. New York. March 5. (tr. P. ) Coffee Spot No. 7 Rio. 94 c; No. 4 Santos, 10c. Sugar Centrifugal, $5.39. Court Employes Will Not File Suit Now Salem, Or., March 6j J. C. Moreland, cleric ot the supreme court, said today that the contemplated suit to test the constitutionality of the law enacted by the recent legislature reducing the salaries of all the supreme court em ployes, except deputy clerk Arthur Benson, will not be filed at this time. The suit. In the form of mandamus proceeding's agralnst Secretary of Stats Olcott, was. to have! been filed this week, '.""). Mr. Moreland said the suit would be embarrassing- to members of the supreme court If the: question should come before them. , He denied, how ever, that the court employes had been ordered not to files thesuit. He said the constitutionality i 'of ths law in question will be tested before another session of the legislature, so the 1919 session will not follow ths precedent set in cutting- salaiies. 220 779 Month to date. Same, 1916 Gain, 117 LOSS, IV 1 1 o vs Year to date. .13.0(37 Seme. 1916 10,388 Gain. Loss, 1917. 1917. 2,699 9 67 58 295 240 "56 1,741 1,527 214 46,487 66,880 20.393 Sheep. 1.101 821 783 22,843 23,441 No. 24 steers 26 steers 23 steers 4 steers 1 steer . 2 cows , 1 cow 1 cow . 13 cows , H cows . 26 cows . 1 cow ., 4 cows . 2 cows 2 cows . 1 cow . 1 heifer ...... Monday Morning Bales. STEERS. COWS. 2 bulls . 1 bull .. 2 bulls 1 bull . , 2 cal vie 1 calf .. S lambs 87 bogs . 11 bogs . 1 hoar . 11 hogs 1 hog 2 hogs 1 hog HEIFERS. BULifi." CALVES. LAMBS. juocs. Av. Wt. .. 1144 .. 1121 .. 1119 .. 1055 .. 730 ... 870 .. Vil .. 1020 .. 1077 .. 9m .. 9f2 .. 102V .. 870 .. 1055 .. 6U5 .. 920 .. 650 .. 1450 . . I960 .. 675 .. 730 .. 180 .. Iiu 583 Price. $9.85 9.80 S. 8.60 6.25 $8.00 T.T3 7.50 7.50 7.50 6.75 6.75 6.75 00 6.50 4.00 $5.75 $7.25 7.00 6.75 .0O $10.00 4.00 RUPTUR E IH U. S: NOT WELCOME, SAYS REICHSTAG SPEAKER Herr Strezmann Refers to President Wilson as a The orist in His Speech, 89 ' $13.10 Berlin, Via Sayville 'Wireless, March 5. (U. P.) "President Wilson Is a theorist, remote f;ora the world. looks upon the world as a chemist on a re tort; he doesn't know Europe, but con siders himself Justified to be her teacher." declared Herr Stezmann, National Liberal party leader, in thv reichstag today. His remarks, as is sued by the official press bureau, in eluded these statements: "Ths rupture with the United States was welcomed by nobody, but in the case of the United states, the un limited possibilities of neutrality had become Invisible. I heard two election speeches by President Wilson." After declaring Wilson a "theorist" as outlined above, the speaker con tinued: "German-Americans did everything in order to prevent a conflict between us and the United States. They fully understood Germany's struggle for existence. Persecuted by Wilson, they have maintained that Idea of Ger man-Americanism until now. Wilson once welcomed them as those msn who could be proud that their coun try was Germany." Herr Hausmann, member of the people's party, added: "The noble traditions of Germany are set with our assailants as the eleventh adversary against us, al ready engaged In defense against 10 enemies." Meilcaa Petroleum.. Miami Copper National Load Nevada Consolidated New Haven New York Central.. N. T. O. & W r.crroik a western, c Northern Pacific Pacific Mall Pennsylvania Railway. . I'M pies uaa nuaourg coat, c... Pleased Steel Car. c Kay Cons. Copper... Bead c. do 2d pfd 62 754 137 : 60 4T 25 153H 8TV4 68 81 " 1154 r 46 , 214 654 3s 26 1644 55 113 .43 22 VI 101 V. 123 68 12 ! 21 V4 M 71 115 65 S 80 .1 67 25 65 76 140 69 4 24 S 154 88 58 83 116 62 48 22 67 23 26 165 66 86' 113 44 26 101 12 6n; 12 47 7H 25 S 8 43 4 10 70V4 08 1114 125 4H 82 1024, 52 754 126 68 47T4 24 153 86 58 si 115 69 46 21 Vi 6.) 22t 25 164 55 11.1 43 '20 101 121 58 12 45 95 14 23 IO.V ' 22 54 77 aw 42S 21l 21 82 t M 72 I 70 iSvl?n 66 I 55 ' 56 CVieej Southern Pine association, waa as- HI Signed to tha work of nromotlnsr creo 2 I soted navlr.tr Morlta hoth fnr alraat Sland interior use. and will be assisted JJ by E. o. Moss, who has been paving 14 1 0 1 ae ooumcrn nni 72 I association in the Kansas City district 100 I tor ths past two years. Them will be important discussions during the an- -- " . - wa&UA"a sLtTL I tu,u'; , cuncenunr tne oranains 102 f lumber and the extent to which m4 i uanuiaciurers are willing to adopt in H I policy, irs I 8 Carload of Slarletresa, A carload JWJH of Oregon made, hardwood singletrees. " 11 82 116H 2? 48 121 be shipped into Pendleton In the near future from Marlon county to be old' to the farmers of that Bounty at auc tion. U. F. vapa of Salem, ths man-, ufactorer, was In Pendleton. last week making arrangements for the sale. , His products are made of Willamette valley grub oak and Is seasoned 4a sawdust so that there is no checking; . or 'warping. His industry Is a unique ' , one, but is thriving, he states, 1nas- much1 as he ts able to sell for $6-per cent of the cost of eastern products. If the first sale la a success, he plana to hold others. ' - , : " Hlls Sold Viv John V. Farwell company ot Chicago say in their re lew of trade: Large mills have sol J up and withdrawn their entire lino . of outings, shaker flannels sad fancy ginghams for 1917. They report foi- eign countries were very large buyers'1: of these lines. ; Amoskeag mills ad vanced staple ginghams one half cen: per yard. During the past tiiree we jus we have had a larger number of buy ers in market buying blankets for fall than at any previous period la our history. It is considered there la not a sufficler.t qusntlty of . blankets ti xupply home requirements; It Is re ported foreign countries having taks.i large quantities. European buyers were In this market during the past week trying to buy blankets. Al though . the sports erase continues In ex tre.n 4 novelties there Is now a strong tendency toward plain colored fabrics In hlga colors, such as gold and yellow tans, rose, greens, etc., both In wool aad cotton goods. Collections are very sat isfactory. DFSORIPTIOX. I Open) High I Lw Hallway Steel Kprings.1 61 61) 614 H public I. A 8. c 77i 8u2 TTU. Shattuck 22 Kloas Sheflrield '.'".'I.'." .Southern Pacific. J I Southern Hallway, e.. ' ivunr an i r uunmf.. h leaaa uu 56 Teias Padftc. . . 36 Third Avenue 112 l ulot Psclfic. 43 hj-. Kubocr, c. 11 I I. s. Rteei c 26U I l tab Conner. 101 I trglnla Clirailcal. c. . 131V. W. IT. Telegraph I aa- a. a a. I i I S' 11 a, 1 A siT I wwiwinn 21i I 1254 28 S"l SI 92 X 15 29 101 3 l 28 16 28 m 61 22b2 22B JmM4 i:s li2 .8 V4 i SSH 135t4ll33 HI Vm J 1 1IK. 40 4 M bales 834.200 share. Cwee 61 "OH 2:w 2 nmt4 X.L I 1 rVTi. I 228S lVs 185 : Ml4 itn n 112 114 Vt h : 94 04, 49H 6" '4 34 34h. 88 41 58 26 44 1 23 86 ?4 67 25 14 43 87 40 44 S, Svnonsis ef ths Annual Btatamant ef tha TOilOM CINTXAL- LITE IKSUKAVCE CO. of Cincinnati, In tbe atate of Ohio, on the 31st day of December. 1916, made to tbe la- 11 ranee commissioner of the stste of Orrson. pursuant to law: CATITAX, Sa': s Amount of capital atock paid np.$ 600.000.00 yr VjtrrC I I""""" of capital during the irri 1 iuj 1 f j.ow.uw.w 23 23 I 22 64 54 77 77 2Bh 28 4l 9"J 42 I 4'. R4 44 I7 mil 94 41 4214 INCOME Total p rem Ions lncvaue $ 16.113,649. 90 intereat. oivitieuia and. rents re ceived durlue the rear S 7T2 OOftJtl ina-ome mtm 01 ner voarcts re ceived during tbe yeu... 918.840.99 Synevsls ef the AnnnoJ tatstnant ot tha JT0XUAX, LITE nrsUKAXCE COaLPAXT 07 ' : San Francisco Markets. Ban Francisco, Msrch 5. Barley calls,1 Monday "at. S"" ieo" CJ3" M2M,' 218 21S . 219 Hpot quotations: Wheat Walla tWIla, $2.T3Ue2.T8; red J"-"1?.- ,2-"HeX8ir Trkeyr, $J.0UU 8.06; bluestem. $3OO3.00. Barley-Feee. $220? v r-Whlte, $2.0.tJ2.02t4- MUlstaffs Brsa. $30.no2I.Ar; tm'.i dllnas. $40.00(84200; abort a. , $32l 1 S4. 0ft. eoSSS?'" I"- ssI itstsment ef tka SCOTTISH VK0K AH1X AXI0AL XXSOU mm. WUm, . COMPACT f BMlnnnrgh. Scotland, la the Kingdom et ?TJf BH.f,B- h Slat day of Deewtnber. laiA, made to the Insurance tJoaamMoeer of the stats of uregun. pursnast to law: CAPITAL. Amount of capital drpnsltcd $ 200,000.00 IVC0XZ. Net premiums received during the renr $263,203.46 Interest, dividends snd rents re reived Jnrlng tbe year 274.804.i3 Incresse Usbllltles. sccmrot ren ranee treaties. $97,223.48; in come from other sources received during the year, agent's bal ance. $33.86; pruflt-eal of bonds, $9.00 97.265.83 ROLA.EI) OATS $7.6O8.00 per barrsL KOI.LJLI BAUjEY $41.00342.00 per ton. After the first advance the Chicago wheat market closed lower. On the Portland Mer chants' Exchange wheat bids were unchanged to 2c np. Oats bids were np 25c and barley unchanged. Merchants' KxcMnge March bids: WHEAT. Monday. gat. 1917 1916 1917 Bines tem 169 Fortyfold mm.. .......... . 165 Clnh 165 Bed Russian 181 . OATS. Feed 3725 BARLEY. Feed 3900. Futures were qnoted: W LIE AT. 103 96 93 93 H 2500 2900 169 163 163 160 8700 $900 April blnestem April fortyfold April club .... April Kuaslaa April ... April FEED OATS. FEEU BAELKY. Bid. 170 166 106 162 8725 8900 New York Metal Market, New York, March 6. (I. N. S.) Lead Firm. Spot, V4T4c; April. SQ9c; aaay. 9V4e. Tin Strong. Spot, 6344e bid. Spelter Strong. Prime western spot. 10 ei0c; March. 10tfllc; April, 10ic; May, and una, 10Q10c. Copper Firm. July, 82e; Aognst, 82c; September, 31 c. Seattle Grain Market.. 8eattle, Wash.. March 6. (P. N. 8.) Wheat Bluestem, $1,705 Turkey red, $1.72 fortyfold, $l.b6; club, $1.66; Fife, $1.66; red Bnsslan, $1.64. Barley, 89c. Receipts Wheat, 14; barley, 2. When writing to r calling on advertisers, pleaxe mention The Journal. (Adv.) Total Income $ 23,783,996.30 DLSBuasnMinrrs v Paid for loaaws. endon men la. annuities snd surrender val ues I 10 SOS 935 An Dividends paid Jo poller holders of 84 Nassau street. New Tork dry. tn the I during the year 2,858.365.18 state of New York, on the Slat day of De- Dividends paid on caplt&l stock rember. 1916, made to tbe Insurance com mis- during tne year 1,7)00. 000.00 aioner 01 the stale of Oregon, pursuant to uouimiosiona ana salaries pao law: during tbe year. 2,643.256.0 CAPITAL I i"eusra ana tees paia Amount of c.pUal atock paid np S. aJi' w,;. I IS 1 ill Wmm M I . Total presnlnm Income. $ 61.006.OS4.83 TotU expenditures $ 20,806,721.70 interest, dividends and rents ....... received during tbe year 28,464,393.33 1 ....i.., , Z?.. .... owned $ 2845,92.rl aiO.881.42 2.269.272.78 Income from other sources re ceived during the year.... Total in corns $ Totsl Income , $3,035,3236 DHBTrkSIatXafTS. Net losses paid during the year. . .$1,876,221 .17 Cornmlaalofia and salaries paid dur- Ing the year 738,424.93 Taxes, licenses and fees paid dur- tag the year.... ... J21.01l.4T Investment eipenaes, $ T 4 0 . 6 ; s mount of sll other eipeodltnres - remitted to home office, $406.- 413.99; agent's balances.-$74.37; ' . Vss sates of bonds and storks, $27,030.12: , vnlscellaneona - et . penae. $22.568.23.............. 654 2 43 Total expenditures $2,802,470.01 -" ASSETS. Veins of real esUts owned (mar ket value) a 9iT4aan '' 01 siocss sna bonus ewsed DLS-BITItSFMrVTS Paid for loasea, enduwmTnts, a a nail ties and surrender valy nes . Dividend paid to policy holders during the year Commissions snd sslsrlei and 'branch offics expeaaes paid during the year Taxes, licenses snd fees paid during the year... Amount ot all other expenditures A AM M. u . I VTO,VVQ.n ..I.. . mtrmmim mnA (if aja tm 1 a I "onus ownea sv, 1 ou.uu vavw.st3.14 Ij0aM nvortrares aid collat eral, etc 84.82B.318.7T Premium notes snd poller toajas 20.60O.688.72 Caah in hanka ami an lianil 2.127 7H6 8M oi.is3.T7T.S4 1 Net norollected snd deferred I premiums 70 282.61 1T,1S,116.46 other aaseU (net) 8,931,441.79 7.9O0.222.78 1,817,437.7 j 4,925.498.88 Total expenditures ... A8SFT8 Market value of real raaata owned $ Msrket value of stocks snd bonds owned Loans on mortgage ami col lateral, etc Policy loans t'ssh in bsnks snd on band Net nncllected and deferred preferred premium........ Other assets taetj $ 82,848,003.21 Totsl sssets $114,684,244.78 Totsl ayeets admitted In Ore gon i.T. $114,684,244.78 LIABILITIES J- Net reserve S 92,T9U004X Total policy claims unpaid. . . . 46,348 AO All other liabilities 14.6b8.9V7.9J Surplus nonpartlcipatlng snd per- ucipaung .ri.siM.ao 19.687,733.79 386,807.605.80 310.647,026.73 Totsl liabilities, exclusive ef capital stock of $2.000,O.00.$llt,6S4.24.78 Total tnsiirance in force De cember 81, 1916 $47a,f.21T.OO -RTTBT1TT-AA IM AlrSOV FOB THE Till ASi'mtT"' Total insurance writ'en during ,im,pw.w tbe yesr- . Groaa prvfnlams received dur- 4,506.200.60 ing the yesr 0.582.T71.68 Losfes and cislms paid during tne year 181.068.00 29.189.03 24,488.90 25.494-81 r," VJ.V-V K- 624 530 W41 Losses 'snd VuimV incurred l" dci- Totsl aaset. admlttid in Ore- curred .during tbe year on $ 64,630,044.17 I Ti.tal innmtit of Insurance out- LLABrLmrS atandtng in Oregon December Net reserve C10.6O0.930.Oi 81, 1816 1,25. 878-00 T?,tU.PUcT. f.ul?" nnp1,i " .J8128"1 ' By JOUX T). OAOft. Tic President. All other UablUUea 107.519,8012 ,T tnt Jrr.: F.E. ATKINS, Bea. Oeaeral Total liabilities, exclusive of neyfor service: capltsl stock..... ..$ 74. 530.044.17 rrt.i mmhma rmraetVI for. .t, .t34.sSn.4S Totsl Insurance la jorre De- cetnber 31. 1916 $1187 .797,276 OC uuBxjtavaa im uaiuun iub xit lAk ibtai insurance written anting tbe year, paid for baals $ . Gross premiums received dur ing the yesr Iosses paid during the year.... Iiossea Incurred during year Total amount of insurance outatanding in Ortryor. De cember 31, 1016 In redaction ef al pre 1)1 vlilcrvla annllMl premiums 6.481.42 Gross amount of premiums received.. 23.129.Ci3 2.K9.49611, - FRANK P. TEBBETTS 460.179.63 208. 456.94 2O9.0b2.96 I Maaag 437 Ttttook Block. Y er r ortlaad, Oregon Brnopals ef ths Annual Btatamant ef the 14.632.522.00 1 LIVEB.POOL AMD LOW DCS trLOBX Of. IS KDTUAL UTE lRBCKAJfCE CO Or By WILLIAM lUtDEniCK DIX, President Statutory resident general agent and attor ney ior aervice: axm. u KATZ. 199 190 W 14U 463 $13.50 13.35 13.33 13.25 12.60 12.50 12.35 Brokerage Firm Incorporated. ' Articles of incorporation of tbe Klnoey Brokerage company were filed with the eonnty clerk this morning by L. W. Kinney. H. W. Wrightaon and Alex Sweet. The company. which Is capitalised at 810,000, will engage la a general brokerage, commission snd merchan dise bosmeaa. Would Only Assist Mexico. Berlin. ."March 5. (U. P.) Ger many's self defensive offer of Ian alli ance with Mexico "may reveal to Americans the dangers Into which President Wilson is leading them," ac cording to Georges Bernhard, writing today in the Vossische Zeltung. "It was our duty," he declared, "to enlist as an ally America's most bitter enemy but the offer proved the sal vation of Wilson's reputation, when he played it as a trump. We should not have offered Mexico American terri tory. Mexico is on the defensive against Americans, and therefore should merely have been tendered as sistance." 1 Stocks, jsoads. Cotton, Qrala, mt sle-217 Board ef Trade Balldia gA Overbeck & Cooke Co. DIRECT PRIVATE WIRES TO ALL EXCHANGES . as embers Chicago Beard of Trade, ' Correspondents of Xrogaa Si Bryan, 'CBleaaTo. Bew xerk. STOCKSBONDS-IVIORTGAGES SECURITIES OFFERED BY PORTLAND HOUSES STBAJTCX CO., LTD. of Liverpool. Englsnd. on the 81st day of uecember, mis. made to tne insurance eom miaaloner of the state ol Oregon, pursnaat to law: CAPITAL Amount of capital paid cp None ta C. C IVC0MX Net premiums received duiing the year .a $0,48701.11 Interest, dividends and rxts re ceived durlns ths yesr B6S.S30A? Incncne from other soorces re ceived during the year 290.937.22 In Times of Peace and War Total Income ....$10,802,869.2 rvrawrrn irvrtN Net losses paid duiinr the year. $ A.1W.89S.18 Commtsslona and salaries paid durlns the year 2.300.890.89 raxes, licenses ana tees pain anr- At no time in the history of our oountrv hjLS fflJ. ar1ifffv .A Jt mt klils I Amain A all tR srratnltHMi 1 Mat -tUfl Ak rif hATiHa Invamagit rn.ivrsx Z "-.-'r ""'Y. "UH.y I - " - vs. srsaw. a.aa v w.wa., m a vve tvssu llliy Q UfTUlAV U HC U. 1 fssUl f1 1 II fit tafk fl created by the war has emphasised the fact that safe bonds are the beat ? . . . ..uua, xmuuis a kwo reiurn witn saxetr of i-irw!-nal 1 rt npara ftf vmr tlniM VL Total expenditures ....... AgSZTI Tslne of real estate owned (mar $ ,S65,947J4 Lumbermen Trust Company ?i and tark ket valne)... We Offer $50,000.00 Carolina Power and Light Company- Taloe of storks and bvod owned (market vlue) Loans on mortgages and collat eral, etc. Cash in bsnks snd on baa Premiums In course of rollectioe written since , He tembe 30, 191 Other sssets ... ..$ 1.709,100.00 First Mortgage five Per Cent Gold Bonds due August 1, 1938. y lei dinar S 20 I Interest snd rents cse ssd se- T, . . mm . m " I I I nail - f er Vvtrii L- n a rp. urai i nr.n rwuina aa at vamr mrr.jA n .. . . . - - - - e,vwv& auvwvuivui. eMl, 714.00 J.tvc.joooo 7.154,3C6.62 2,5e.fi0s.l2 60,014.17 11046.44 CLARK, KENDALL & CO. aoo-aos arorthwestarm Bask Bldg. Investment ! Bonds Preferred Stocks Lewi Bidg. Phone Mar. ess Local Securities Amounts as small as $100 maj be inrested through us, and sacb oroer receive as caretai consideration as those for larger sums. Total assets $19,827,439.28 Total easels admitted In Ore gon $l,S27.43.8i 7.IABILJTTZS Gross claims for losnes nruald,.$ 1.260,042.71 Amount ot noesroe i pre n lams on all outatanding risks p 8.771 4WTyi Due for commission and brokerage 61.25141 All otner Jiapmues. , Z7SJ1L.19 (market value I . 8,810,690.00 Ul.9Oo.00 438, 584. 40 , mmm mm. S6.832.r0 toans on mortgages snd Collat eral, ere Cash tn bsnks And on band....... rTemlnaa In course ef collection written since sept. an. 1916...., Interest and rents due end aoeroed Total assets ; tA MM 1 tt T.1 Total sssets admitted In Oregon.. 6,,966,172.78 ixaarxjTTu. - - Oross claims for Insets unpaid. ,..$ 896,689.00 amniDi or unearned prenuume on all outstandlne- risks. S,e8T.202.fl " All other liabilities. 62.0uo.00 Panda bald under relnsnraaee trea- uee 109.283.11 Total liabilities, ercTWre ef capital deposit or tano mm no . :ts i m eis s Total premiums In force Dec. 31. - $3.901 .594 .29 bvsivzsi nr oasoov to tv vt Totsl lnsoraoce written during tbe w $1721.045.00 Ctxasi premiums received during tbe year 80,241.20 , Premiums returned durlns the year Txaases paid dntios the rear 8.901 4 14.179.1S 2056.18 . Incurred durln that vear . . Total aswaut of tnaorance out standing In Oregon Dee. -91. I916 A.. 4.012.2420 SCOTTrSK TJJTI0W xiTD VATIOVAX, TJrfXrx avcw nnwaiiir. . By JAS. H. BRBWSTBR,' LTnltad Stataai MiMnr." Statatorr raaddaet general agent and attorney iw Bvrraw. TOWARD la, TnOVfPSOX. Portlgad, Or. J.L.HARTMAN COMPANY Ajreatt - Chant, of Oom. Blag-, Fortlaad, Orsgom Synopsis ef the Anneal Statement ml tha XAXSA8 cut litx inaratAjicz ooxrAvr of Ksnass City, in tbe atate of Missouri; oa the Slst day of Law-ember, lslg. snade te the Iiisoraace ConunlMtoner ef the state ef Ore gon, pnrsnaat to law: CAPTTAi. Aawest ef capital stork paid s. 100,000.00 UCOafVL Total premium tneorae... $ 2,79S,1TS.1S interest, dividends and rests re- r4vd daring the year:....,.. 409,720.89 Income from otner some a re reived during the year......... vl$331. Total la ..... 8.811280 sisBTntianmrxs. PaM fnr lnaees. endowments, as. nnlrtes and sorrendsr raises... $ Dlrideeda paid te policy holders dating the year... , Dividends paid on eapital stock- dnrlng fbe year.... Commissions .and salaries paid during the year Tails, llewtaves and fees paid during tbe year ... Amount ef all ether expeadl- lures .. 7S1.009.1S 281.438.91 12,000.09) S84.19S.rr B3J8S.CS 17,6SaiS ToUI expertdlrores ...........$ X189.M3.4d A8SXTS. Market value -of real estate owned ....$ Market valne of stocks and bonds owred Loans ea mortgages and eoW lateral, ete. Premium notes and poller leans.. I'aaB ta banks and on band Ket uncollected and deferred premlnnts ..... Other assets (net) U17U ,tMtl a 'D 'fiHUe' K&il way Exchange Bids. ' TAX BONDS issued by the most sub stantial communities o the Pacific Northwest GOVERNMENT and RAILROAD BONDS I Total liabilities, richislva of ' , capital atock (nil) $10,866,693.76 Total preaulnms la rre Decem ber il. 191 .....$ 16.820, 94)$ BTTsnrEss nr oazeov to tkz tzab Totsl insaraace writ ten daring the year .....$ 7,825,228.00 urraat prrauanas iwuej agrni tbe j ear . Fremlnms telnrned during the year 114.541 paid din-lng the yesr... lorn 20 646.93 45.118 g; C0.028AU 7 .204.088 00 rnrred dnrlnr tha rear.. Total amount ef Invarasee out- stsndlng le Oregue Ireent ber 31, 1916... ? TUOS. H. ANDERKO.W Asa'tL Uuim Statutory resident eeneral agent sea atrot ney for service: 9, C ATfcINd, bee. Ueaers. Agent. . .'. ... 80, 000.00 86,802 M 4.607,842157 1.101.94H.61 902.9S94S S04.TO8 9T 10126.94 Total assets ......S 7.O04.714.49 Total sssets sdultted la Oregos.f T.0O4.7I4.49 UABUJTIIS. - Ket reserve ...$ 8,703.199.8$ Totsl policy claims nnpsld 71862.3$ All ether liabilities and surplus. . 1,128.052.42 Total rtaWUIlea. esdnstre ef. -. - f spiral atork of f 100.000.00....$ .904,714.43 TfJ.I l.ir.an. I. fMM Tmm at 1911 . $M.Ssa.9B.0S tnrsnrEss nr oazoov roaTHX tzab T'Kal insnranee - written Sarlcg tne year .' $ 474,300.00 Cdoaw preialunu received during esr 2S.398S3 Tttal amennt ef tosnraace eet- , . standing in Oregos I've. SI, ' - -191C 8. 62.10 xattsas CTTT.irjrz nrsinwTci COXUIY . By im B. KCXXOLDS. . : - President. Statotory resident, general agent and ettsreer tmmm n.tlm " UlbfM m m m ml TKt XorthwesteTS Bank Bldg, PertlaBd..O