THE OREGON DAILY JOURNAL", PORTLAND, WEDNESDAY, AUGUST 21, 1918.
13
PACIFIC NORTHWEST WILL
POTATO TRADE VERY
AGAIN; $3.25
PAID TO PRODUCERS
Market Inclined to Show Liberal
Strenoth During the Day Only
About Enough Coming to Fill Re-
. qulrements From Day to Day.
Potato trada wu acain flrraT and. sales on
til (armtrs' market were made high as $3.2f
per lack dining the morning. Thia wu for
saleetH quality at large ied atnck. while ordi
nary atock raled from 12 SO to 12.75, and sow
common atuff at 12.25 0 2.50.
Receipt eontlnan Tery moderate; in fact,
scarcely mora la coming than in aufficient to tide
the trade orer from day to day.
Reporta from tli growing crop are much more
optimistic In practically rvcry section tributary
to the Portland market. Late planting la allow
ing liberal growth everywhere, and while In some
quarter, feara are expreaned that the atock will,
be rather rough, still general expectation are for
better aiiea than has been thown generally to
date thla- season.
Demand along the street la firm, with aver
age sales of good quality around 13.75 per cental
ts retailers, althoutri here and there a very lim
ited -volume in business la reported as high as
84 00.
TEAR MARKET COTTTINrF.S EAST
Market for pears continue to show an ray
tone, along tha wholesale way. Local Bartletts
are arriving and ar selling generally around
81.25 per box at thla time with the demand
vary quiet.
GRAVEN ST EI X APPLES 'ARRIVIXO
Small supplies of local ;raventein apples are.
reaching th trade but they are not yet colored
ratflcient for gencratl sale. Karly stock is
dragging with quotations from 7 fie to tl 26 per
box for tha ordinary run.
LOCAL OWION8 OF SMALL SIZE
Sample sacks of new crop Oregon on;ons have
reached the trade and are generally showing very
small sizes. While the quality indicates No. S
condition it h generally believed that the crop
will run mostly to small stock.
PEACH MARKET HAS LITTLE SNAP
Whtla prices are unchanged and supplies, are
by no meana heavy, the market for peachea in
showing very little snap along the streat at the
present time. The season for Early Crawfords
la now well advanced.
WEATHER HURTS MELON SALES
Owing to the ratber cool weather there Is a
vsry qulat demand ahowlng for watermelons at
this time. Kales are general at lVje a, pound.
Cantaloupe trade continues steady with former
priors maintained.
BRIEF NOTES OF PRODTXE TRADE
Kgg market steady at former pnee.
;ood demand continues all through poultry
trade. '
Cheese situation strong with prices stationary.
Crab apples continue hard to sell at any price.
(Small supplies of local cabbage coming in
with tha market very firm.
WEATHER NOTICE FOR SHIPPERS
Weather bureau advises: Protect shipments
. duriag the net 36 hours against tha following
maximum temperatures: Going north, 75 de
grees; northeast over St.. 1". & 8. R. R., 80 de
grees; east to Raker, 80 degrees, and south to
Ashland. 1)0 degrees. Maximum temperature at
Portland tffrnorrow about 7M degrees.
JOBBING PRICES IN PORTLAND
Thess are the prices retailers pay wholesalers,
except aa otherwise noted:
Dairy Products
HOTTER 8elling price: Creamery prints In
parchment wrappers, extras. 54c; prime firets.
62e flr-U. 51 Vt c M butter in 80 lb. boxes. Ho
lee' 60 lb. boxea. lc lass; cuhea, lo let; .car
tons', lc additional; dairy. 87c lb.: Jobbing price,
cubes, entnu. Blc; prima firsts, 39 40c.
BL'TTEUFAT Portland delivery basis. No.
1 aour cream. 5e.
CHEKSK Welling price: Tillamook fresh
Oregon fancy full cream triplets, 30e per lb.;
Young America. 31c Price to Jobbers. Tillamook
triplets, 27c; Young America, 28c f. o. b.
Coos and Curry. Price to Jobbers, f. o b.
Myrtle Point, triplet. 26c; Young America,
27Hc; brick. 3233c; Llmburger. 3032c;
brick Swiss, 4 0c lb. . A
EJ(JS Selling price, candled. 48o par ,doa
Buying price. 47c. Selling price, selected, 50c
elected in csrtons, H2c.
.LIVE POULTRY Hens. 13 25c per lb.;
broilers, 2-6 27c; old roosters. 16c; stags,
15(9 16c; turkeys, 28 30c; dressed fancy.
87c; No. 2, 80c; squat. $3.00 doaen; geese,
apring. 16c; ducks, 23g30e; pigeons. 81.50 tgi
2.00 per dosen.
Fresh Vogetables and fruits
FRE8I1 FRUITS Oranges. 8()OC8.50 per
box; bananas. 8c lb.; lemons, 92510.25
par box; California grapefruit. $3.2o 3.75 ;
watermeiona. Hit per lb.; California black
figs $1.76 per crate; plum. 2 V W 3c per lb.
RKHUIKS Blackberries. $1.75 per crate.
PEACHES Per box. $1.00 1.40.
APPLES Various varieties. 75c $2.00 per
GRAPES Per crate, black. $2 00 2.25;
aaedlese, $2.00; Malaga". $2.50
PEARS Bartlett. $ 1 .26 2.00 per box.
DRIED FRUITS Dates. Dromedary. $5.60;
Tarda $4 50 box; raiains, three crown, loose
Muscatel. 10c lb. in' 50 lb. boxes: figs. $3.50
per box for 70 ox. packages.
ONIONS Selling price to retailer: Walla
Walla, $2.75; garlic. 1415e lb.; green onions.
8543c doxen bunches.
POTATOES Selling price, new potatoes, 5 hi
eltVc per lb.; bujing price for fancy large
sua 12.76 0 3.00; ordinary. $2.50 per centaL
CANTALOUPES Flats, $1.25; pony. $2.50
2.75; standard. $3.00 HP 3.25.
VEGETABLES New turnips, 65o per dozen
buncbes; carrots. $2.00 a sack; baeta. 8275 t
S 00 a sack; parsniiis. $1.25 per aaok. cabbage.
4c; pevi. 12 hc; head lettuce. $2.60;
t alery. $1.25 per dloaen; artichokes. $1.00 w
1.25 per doren; encumbers. 75c per box; toma
toea. 762 At 1.00 per box; egg plant, 8c per lb.;
cauliflower. $2.75 per crate; horse radish. 12Vc
per lb.; string beans, 6 ( 8c per lb.; green corn,
23 30c.
Meat, Fish and Provisions
COUNTRY MEATS Selling price: Country
killed beat hogs. 26 27c; ordinary. 25HC
26e lb.; best veal, 2JM20Ho per lb.; ordinary
veal, 18c; rough heavy, 13 (913 Ho per lb.;
lamb. 20 23c. per lb.; mutton, 1419o per
lb. ; beef, 1 1 He.
SMOKED MEATH Hams. 33 86c; break
fast bacon, 35(51lc; picnics, 25c; cottage
roll, 88c; short clears, 30g33c; Oregon exporta,
smoked, 81c per lb.
PACKERS' MEATS Fancy ateer beef. 20
22e; fancy oow beef, 15 17c; fresh apring
lamb, 24 36c; best yearlings, 20 22c; ewea.
18 20c; hoga. 25c.
LARD Kettle rendered, ' ( ) ; standard.
28 He per lb.; lard compound, 23c.
O Y8T E R8 --Olympta, gallon, $4.50; canned,
eastern, 76o can, $0.00 dozen cans.
FRESH FISH Dresaed flounders, $6 7c;
salmon, Chinook, 17 18 He: ateelhead, 1 5 .
16e; perch, 8c; aoies. 8c; salmon trout, 18
20e; halibut. 18c; Mack cod. 11 12c: her
ring, 6c; amelt. 9 10c; clams, hard shell. 6c
per lb., $4.00 box; crabs, ( ) per dox. ; aliad.
I) lb.
Groceries
8UOAR Cube, $9.70 H; powdered. $8.09 H ;
fruit or berry, $8.05; 1 yellow, $7 65; granu
lated, $8.06; beet, 17.95; extra C, $7.70;
golden C. t7.6S. '
HONEY New, 818.00 per caav
RICE Japan atjlle. No. 1. 9410c; New
Orleans head. 1LH llc; blue ruse, 104
11 per lb.
ALT Coarse half ground, 100a, $16.00
Kr ton; 60s, $17.29; table dairy, 60s. $22.60;
lea, $3.1098.56; fancy .table and dairy,
$80 25; lump rock, $20.00 per. ton.
BEAN8 California (sales by Jobbers) : Small
white, 18 -He; large white, 12c; pink. 9c lb.;
Limes, 14 He; bayou, 9c; red. 10c Oregon
betas (buying price) : White, machine cleaned,
8Hc; hand picked. 9H10c
.CANN15D. MulK Carnation, $6.75; Borden,
' !2?2! wV'tl' KktU- 9: Libby.
$10; Telobaa, $5 25 per case.
J.'r. 0'. Et.
U-lll Board ( Trad BmlldlBf
OYerbeck&CookeGo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members Chicago Board of Trad
CorripoBdat of Log-ma Brraa
- Caleat-o, Sow Tori
LIMITED OFFERINGS
OF COARSE
AT
Barley Supplies Are Spent and Are
Being Picked Up OtirJekJy at Full
Prices Oats Harvest Is Under Way
Alfalfa Famine Still On.
NORTHWEST GRAIN RECEIPTS
Cars
Wheat. Barley. Flour. Oats. Hay.
. 101 2 15 ... 10
Portland. Wed..
Tear ago
Mwon to date. .
Year ago
Tacoma. Tues. . ,
Year ago. ......
8caon to dite. .
Year ago.
Heat tie, Tues. . .
Year ago
Season to date. .
Year ago.
14
918
1!5
2
1
834
149
30
805
116
B 8
191. 1 523
105 ,103 197
11
...... 30
56
21
"i
Tl
7
" 'i
19
19
2 102
23 197
8 0 ft
6 1 45
252 81 280
186 89 578
Limited offering of coarse grains Is shown at
Pacific Northwest country points, and a ateady
to firm tone is Indicated in quotations at pri
mary renters.
Bsrley offerings are small, brrt the few Iota
available are being taken hold of by cereal In
terests at. f till prices.
OaU harvesting is under wsy In a small way
at some-') point, but little of this stock has
reached ,he trade as yet.
Hay market is generally considered steady at
former prices, with a continued famine In alfalfa
and the better grade timothy.
FLOUR Selling price: Family wheat Tour.
$11.15; barley flour. $12 00; Willamette valley.
; local straight. $10 9: bakers' local,
$9 80 10.00; Montana spring wheat, patent,
) : whole wheat $10.75; graham. $10 35;
rye flour. $12.60; oat flour, $12.00: corn
flour. $11.60 14.00 per barrel. Prices for city
deJiverv in five barrel lots.
HAY Buying price, new crop: Willamette
timothy, fancy. 82S00: Eastern Oregon-Washington
fancy timothy, $33.00; alfalfa. 827.00;
valley vetch. $27 50; cheat. $28.60; clover,
$27.00; grain, $27.00 27.50 per ton.
GRAIN SACKS Nominal. No. 1 Calcutta.
25 H (Jr2c in car 'ots; less amounts higher.
M1LLSTI FFS Mixed feed, bulk, $24.44; at
mill, sacked, $30. 86.
ROLLED OATS Per barrel. $11.60 12.00.
ROLLED BARLEY Per ton, $69.70.
CORN Whole, $76: cracked. 77 per ten.
No session of the Portland Merchants Ex
change was Meld during the day.
Oregon Crop Report
Edward L. Wells of the Portland office of
the weather bureau reports:
Light to heavy rains were helpful to late crops.
but retarded work in some localities, particularly
in northeastern counties, where it was also too
cool during the latter part of the week for best
results. A light frost occurred in Wallowa coun
ty, causing little damage.
Winter wheat harvest is practically eomoleted
in all except the more elevated districts, and
tnresning is progressing rapidly where not de
layed by rains and damp weather. Fair to good
yiems are reported from the principal wheat oro-
ducing counties, while the yields of rye are only
poor to good. The spring gralna are generally
short straw and poorly filled heads. The quality
or oaney is iatr to good, with very light yields.
ui"n oi oats ana spring wneat Is now
general and threshing under way. with yields
below the average. Corn was greatly benefited
by recent rains and made excellent growth. The
ears appear to be well formed and are filling
nicely, with prospect? for a very good crop in
most sections.
Meadows were much improved by showers and
me growui or grass was started in soma nutnron
The second crop of alfalfa is being cut in Baker,
aiajueur ana w auowt counties, and the
third crop is about ready for harvest in Josephine
and Umatilla counties. Pastures continue to
furnish poor graiing. but cattle, as a rule, are
showing up fairly well under the adverse condi
tions. Stock are being brought in from summer
range in Jackson county.
The tonnage of Bartlett pears was not tro to
the average in Jackson and Josephine counties
but a heavy crop of good quality is being gath
ered in Lane county. Rain and ce-ol Weather are
permitting fruit to continue developing, other
wise late varieties would be underaize. Prunes
are droppihg considerably in some orchards but
indicstions point to a very good crop.
Late potatoes will undoubtedly receive some
benefit from the recent rains, but the early
crop was too far advanced to be helped. The
moisture, however, will improve the condition of
late gardens and other truck crops, which were
greatly in need of rain.
Merchants Exchange August bids:
OATS
Two
years
ago.
8100
Tear
sgo.
4900
Wed. Mon.
Feed .... 6050 6950
BABl.E
Feed 5400 5400 4800
"A" 5500 5500 4950
Thirty day delivery:
8200
3400
OATS
No- 2 6050
BARLET
rcea
5350
5500
"A"
Eastern oats and corn-in bulk":
XT .V OATS
No. 3 white
88 lb. clipped white !!!!!!! !
CORN
No. 3 yellow
No. 3 mixed ....... " "
Thirty day delivery:
v . OATS
No. 3
Clipped '.y.'.
J CORN
Tel low
6300
5600
7875
7400
6300
5450
757B
Mi red
Sales for the day were' 1 6 0 tons of September
7400
yellow corn at $75,50 and 100 tons of Sent..
ber yellow corn
at $76.00.
Money and Exchange
New York, Aug. 21. (I. N. B. ) Call money
on the floor of the New Tork stock exchange today
ruled at 6 per cent; high. 6 per cent; low 6
per cent
Time money was firm. Rates were 8 6
per cent
The market for prime mercantile paper was
steady. Call money in London today was 3 per
cent.
v Sterling exchange was steady, with business in
bankers' bills at $4.75 ti for demand. $4.73 for
60 day bills, and $4.71 for 90 day bUll
- 8an Francisco Grain Market
San Francisco, Aug. 21. (U. P.) Cash
grain:
Barley Per cental, wide range of prices,
good. 40-43 pound feed. 2.4G(s2 45; fairly
good heavy, $2 50 2.52 ; choice, 47-48
pound grain, $2.60 2.65; off grades as low as
.ao; cnevaiier, nominally around $2.95 3.00
Oata Per cental, red feed, nominal and at
$1.65; seed, as high as $3.00.
3w York-Londoa Surer
London. Aug. 21. (I. N. 8.) The maxi
mum price for bar silver was today fixed at
49 H1.
New Tork. Aug. 21. (I. N. 8:) Com
mercial bar silver is unchanged st $1.01 H.
COFFEE Roasted, 15 H 86c, In sacks or
drums.
SODA CRACKERS Bulk, 1 7e per lb.
NUTS Budded walnuts. 80c per . lb. ; al
monds. 1.9 H 20c; filberts, 27 He, in sack
lots; peanuts, 18c; pecans, 17c; Brazil, 20a.
Hops, Wool and Hides
HOPS Nominal, 1917 crop, 1518o lb
HIDES Salted hides, 25 lbs. and up. 13e:
salted stags, 50 lbs and up, 10c; aalted : nd
green kip, 15 to 25 lbs., 13o; salted and green
calf, up to 10 ids., zac; green niaes, 25 lbs.
and up. He; green stags, 50 lbs. and up, 8c;
dry flint hides, 25c; dry flint oalf, up to 7 lbs..
30c; dry salt hides, 20c; dry horse hides, $1.25
&1.60; salted horse hides, $3.00(94.00;
horsehair, tail, 25c; horsehair, mane, L5e; dry
long wool pelts, 40c; dry short wool pelts, 25
S30c: salted and green pelts, each (May take
off). $3.00 4.00; dry sheep shearlings, each,
15 30c; aalted sheep shearlings, each, 29 9
60c; dry goat, long hair, 25c; dry goat shear
lings, each, 15 30c; dry short hair goats, each,
50c $1.00.
WOOI, AD prices nominal.
CHITT1M, OK CA8CARA BARK - Buying
price for csr lots, lOe.
TALLOW No. 1. 18o; Na. 2. lie; crease.
9e per lb.
MOHAIR 1917. 40 65c per lb.
Ropes, Paints, Oils
HOPE Sisal, dark, 24c; white, 28 Ho Id:
standard Manila. 82 He.
LINSEED OIL Raw, bbls., $2.01 gallon
kettle boiled, bbls., $2.08; raw, oases, fa.ll:
boiled, cases, $2.13 gallon.
COAL OII Water white. In drams or Iron
bbls.. lOe gal.; cases, 20a gal.
GASOLINE iron bbls.. 2 L He; cases, 81 He
engine distillate, iron bbls., 18o; eases, 23c
WHITE LEAD Ton lota. 13 Ho lb.; 800
lbs., 18 So.
TURPENTINE Tanks, 79e; eases. 89c; 10
w lots, lo leas. - ,
W1KU NA1LM Bade pries, $8.83.
GRAINS
INTERIOR POINTS
BE COMPELLED TO IMPORT BUTTER
TT
E
NW
E CENT OF
THE HIGHEST MM
Advance of le Places Plain Extras
at 54s and Cartons 55c a Pound
January 24 it Struck High Mark
for Single Day at 56c.
Advance, of le a rxrand in the price of butter
by local creameries, which took effect during the
morning, placed the new oasis price ior extras
in plain wrappers at 84o pound, or 65c for
cartons.
Thia Is within lo a pound of the highest price
ever received in the local market, a 5 60 market
for extras being shown only for one day, Jan
uary 24, when the market again dropped to 55c
a pound.
With the advance in the price 01 cutter ine
quotation on butterfat was automatically ad
vanced lc a pound to 56o a pound iot ino. 1
sour cream. Portland delivery basis.
Unusual strength is shown in the market. So
Utile cold storage stock is available in JocaJ
hands that it is hard to obtain an accurate quo
tation. The limited supplies available are quoted
around 46c a pound for No. 1 storage in plain
wrappers.
That the market here will be forced to go
still higher and obtain much of its requirements
during the winter from other sections is now
generally believed by the trade.
Liberty Bonds Go
To a New Record
With Big Demand
r STOCKS CLOSE HEAVY
Nw York, Aug. 21- (I. N. 8.) The. stock
market closed .heavy today, most of the active
Issues breaking about 1 point towards the close.
Steel common olosed at 111 Vt . Baldwin at 94 's
and Bethlehem Steel "B" 83 'j.
Liberty 3 a. on persistent- buying, sold up
to a new high mark of 102.02.
8ales for the day were ?16,100 shares with
sale aggregating $8,190,000.
New York. Aug. 21. (I. 8.) The Steel
stocks were the most prominent features at the
opening of the atock market today, nearly all
issues in that group making substantial gains
within the first 16 minutes. Steel common
moved up to 112 V , Baldwin H to 95 H and
Railway Steel 8prings to 64 H.
A good deal was said on tne floor about the
short interest in Steel common and Baldwin, but
the advance in Railway Steel Springs was at
tributed to expected large business in connection
with maintenance expenditures by the railroad
administration.
The marine issues; were directly influenced by
the published statements of a possible consolida
tion of the steamship lines and a liquidation of
the Marine corporation.
Marine preferred moved up 1 point to 103 s.
and the common made a gain of hi to 28 . but
the bonds were in supply and declined to 99 H .
Anaconda was unusually active, advancing S
to 66 H . Union Pacific made a gain of H to
105 hi. and Canadian Pacific rose H to 162.
American Sumatra Tobacco opened up 1 point
at 127.
Liberty 3 H opened at the new high record
of $101.18.
The marine tssnes were the features of the
market during the forenoon. Stories about a
coming consolidation of shipping firms brought
in large buying orders, while preferred rose to
103 H. where it met a supply of stop orders and
reacted to 102 M . while the 6 per cent bonds
yielded from 99 M to 98 H.
The rest of the market acted in about the same
manner, Baldwin dropping from 95 H to 94
and Steel common sold down to HIT. Gen
eral Motors moved up to a new high record of
162, and Railway Steel Springs was in de
mand, selling up to 64 3. an upturn of 1 .
There was also a demand for New Haven, which
advanced H to 43 .
The Liberty 3 V4 s continued in good demand;
selling up to a new high record of 101.56.
Furnished by OverbecX A Cooke Co., Board
of Trade building:
DESCRIPTION :
1 Open I High J Low Close
Alaska Gold
Allis-Chalmers, c . . .
Allis-Chalmers, pfd .
Am. Beet Sugar. . .
Am. Can, c
Am. Can, pfd
Am. Car Fdy.. c. . .
Am. Cotton Oil, c . .
Am. Linseed, c . . .
do pfd.
Am. Loco., c . . . j .
Am. Smelter, c. . . .
do pfd
Am. Sugar, c
Am. Tel. & Tel. . .
3H
33 H
3H
83H
WTHN
3 3
83 H 33
83
68 H
46H 46
93
84 H 84
40 H 39 H
41 H
78 78
66 66 H
78 78
104
109 H 109 H
96 96
58 68
66 66
85
81
93 94
101
64 54 H
83 83
39
28 26
18H
60 60
180H 160
68 H 69
102 H
57
7H
24
47 47
93
38 3;7
46
89
43 43
97
68 68
90
4
58 58
15 15
32
146 146
160H 161 ,
45 44 '
31
92 92
44
19 19
86 88
33
ll.-
127
51 U ill
I 27 27
101 101
18 IK
33 33
834
58 H
115
26H
100H100
27
52 52
...'.. 5
23 23
58H
20 20
42 42
73 73
124
20
101
90
81 31
43 43
44
60 H
..... 81 H
60 H
95
23 23
83 64
89 H 89
.... . 37
37
91 91
101 101
I 25 25
138
44 43
87 88
23 23
63
18 18
150
71 AS
124 125
61 01
104
111 111
110 110 '
80 80
51 50
9
38 88
82 23 H
82 H 82
43 48
19 19
.1110 .
47 H
85"
41
78H
67 H
78H
iio" "
96H
58 H
66 H
47 H
85" '
41
78
67?,
78
110
96H
68
66 H
Am. Woolen, c
Anaconda Min.
Co.
Atchison, c-. . .
do pfd, ....
Baldwin Loco., c
do pfd
Balti. & Ohio, c
Beth. Steel B . .
95 H
64
83H
26 W
'60
161
68 H
95
'55" "
83
'26
"e6
162
69 H
Brooklyn R Transit
autte & Superior . .
Calif. Petroleum, c.
do pfd
Canadian Pacific. . .
Central Leather -
Central Leather pfd
nesapea&e 6c Ohio
Chi. & Gt West c
do preferred
C. M. St P. . .
I 48
i
48
39' '
43
69"
. r. w. c.
C hino CoDoer
39
Col. V. 4Le
Con. Gas
Corn Products c . . .
do preferred
Crucible Steel e . .
do prvfeired . .
D. & R. G. c
Distillers
Em c
Erie 1st pfd. . . . '.
Gtn. Electric
General Motors . . .
tioodnch Rubber . .
ti. N. Oro Lands . . .
Great Northern pfd
Greene , Can .....
Hide it Leather c . .
do preferred . .
Ice Securities
Illinois Central . . .
Indus. Alcohol . . .
43
68
59 H
15
69
15
146 H
164
45
92H
146 H
162 H
45
'92H
19
86 H
19 Ts
89 H
Iifpirxtion . . .' . . j
lnt Mtr. Marine. . .
Int. M. Marine, pfd.
Kan. City So., c. . .
Kennecott Copper. .
Lackawanna Steel. . 1
Lehigh Valley
Louisville lc. Nash. .
Maxwell Motors, e.
Mexican Petroleum.
Miami Copper
Midvale Steel
M.. K ex T., c.
Missouri Pac.
National Lead ....
Nevada Cons.
New Haven
N. T. Central
N. T. Air Brake . . .
N. T.. Ont. & W...
Nor. & W., c
Nor. Pac
Pacific MaU
Penn. Ry.
Peoples Gas
Pittsburg Coal, c..
do pfd
51 y.
28
103 H
1H
33
51
28
103
18
33
. . r. .
ioi'
'53
101 M
83"
'23
' 20 H
42
73
20
43
73
81
43
31
43
i-rcwea steel uar, c.
do pfd. . .
Ray Cons. Copper.
R'y. Steel Springs.
Reading, c
do 1st pfd.
do 2d pfd
R. I. at S.. c ..
do pfd.
Rock Island ....
S.. R. & Co
Studebaker, o
Southern Pacific . .
Southern R'y.. o. .
do pfd
Tenn. Copper
Texas Oil
Tobacco Products .
Union Pacific, c . . .
V. S. Rubber, c
do pfd
TJ. S. Steel, e
do pfd. .......
TJah Copper
Va. Chemical, c . . .
Wabash .
Wabash, A
Wabash. B
W. U. T
West Electrio
Willys Overland . .
Woolworth .......
23 7
63
90
23
64
90
92
101 H
26
'44
87
24
19 W
72 H
125
1
iii"
110
80
51
38
82 H
82
43
19
92
101 H
44 H
87
24
19
72 H
123
62
112
110H
81
51
'89 H
82
82
43
19.H
Sales, 215,100 shares.
All Lines Strong
In Stockyard With
Rather Small Run
Former Extreme Values Generally
Continued at North Portland
for the Day.
PORTLAND LIVESTOCK RUN
Hogs. Cattle. Calves. Sheep.
Wedneeday . . . .
Tueeday
Monday
Saturday
Friday
Thursday
Week ago ...... .
Year ago
Two years ago. . .
Three years ago..
Four years ago.. .
231 224 86 1146
476 857 16 218
421 1102 22 1370
89 175
893 227 18 860
381 180 9 120
286 864 15 62
428 206 1 S16
115 25
129 14 ... 849
491 5 1 1077
Seventeen carloads formed total
arrivals- of
livestock at North Portland for the day.
Hog
market offerings were fractionally more than two
full loads and strength continues to be shown
in the trade generally with further tales at $20.
General hog range:
Prim mixed $19 .80 20.00
Medium mixed 19.00 10.80
Rough heavies 17.50 18.50
Pigs 18.75 18.00
Bulk sales 19.25 19.50
Cattle Continue Strong
Situation in the cattle trade continues strong
with small supplies offering during the morning
ar North Portland- Killers are still eagerly bid
ding for good quality stuff.
General cattle range:
Prime steers $12 5013 50
Good to choice steers 11.00012.00
Medium to good steers
9.75 11 00
Fair to medium steers ,
Common to fair steers
Choice cows and heifers
Medium to good cows and heifers
Fair to medium cows and heifers
Canners
Bulls ,
Calves , . .
Stockers and feeders
8.75 8 76
6.75f? 8.25
8.25 9.25
6.25 7.75
5.25 6 25
8.000 5 00
6 00 7.00
9.00 12.00
. 6.00 8.00
Sheep Supply Fair
Fair supply of stock entered the sheep and
lamb alleys at North Portland overnight. De
mand continues good for all offerings and prices
in general were well maintained.
General sheep range:
Best lambs $14. 00 15.00
Medium to good lambs 11.00 18.00
Taarlings 10.00 11.75
Wethers 9.00 10.50
Ewes 7.00 9.00
Wednesday Livestock Shippers
Cattle Pendleton Meat company. Pendleton.
2 loads: W. Killburn. Mount Angel, 1 load;
George McCarty. Wasboucal. 1 load; W. R, Nor
val. Sherar, 1 load.
Carves C. C. Miller. Lasen. 1 load.
Cattle and Calves Mayberry & Stewart. Hal
sey, 1 load.
Mixed Stuff C. E. Lucke. Canby. 1 load of
cattle, hogs and sheep; P. A. Smith. Yamhill, 1
load of cattle and sheep: W. A. Ayres, Lasen. 1
load of cattle, calves, hogs and sheep; H. L. Me
Fadden, Harrisburg. 1 load of cattle, calves and
hogs.
Sheep M. A. Leonard, Stevenson. 6 loads.
United States department of agriculture bu
reau of markets reports livestock loaded August
20 in carloads (doubledecks counted as two
cars) :
Cattle and Mixed
calves. Hogs. Sheep, stock. Tot
Totals 2421 1427 1021 325 5352
One week ago... 2266 1481 718 426 5041
Four weeks ago. .2962 187S 659 503 6091
State origins of livestock loaded August 20:
For Portland
Oregon
Washington
Totals Portland. ,
One week ago. . . .
Four weeks ago. .
For Seattle
Idaho
Oregon ,
7 1 2 I 12
1 . . 8 9
8 1 10 2 21
2 6 10 1 19
2 2 4 1 9
1 1
4 1 . . . . 5
11 11
16 1 . . . . Tf
25 3 1 29
2 2 2 6
Washington ....
Totals Seattle...
One week ago. . . .
Four weeks ago. .
Tuesday Afternoon Sales
STEERS
No.
29
2
Av. Lbs. Price. I Nv At. Lb. Price.
... 995 $1115 2 900 $10 00
. . . 810 8.00 j 5 904 8 25
COWS
765
t 7.00 I
HEIFERS
880
$ 8.00 I .
CALVES
10.... 885 t 9.00 I 3 396 $ 6.50
89 248 11.00 I
LAMBS
87.... 88 $14.50 I 19 88 $14 25
$ ewes
17... 110 $ 9.00 I 2 120 8 8.60
TEARLINQS
27.... 107 $11.00 I 1 90 $11 50
, HOGS
116 201 $20.00 I 5 282 $18 80
2 235 19.50 I 13 186 19.00
Wednesday Morning Sales
COWS
No. Av. lbs. Price. No. Av. lbs. Price.
3 962 $ 5.50 8.... 903 $ 6 60
2....10S0 8.00 7.... 850 4.25
1....1050 7.50
CALVES
11 805 $10.50 I
BULLS
7 860 $ 6.50 I
HOGS
22 122 $18.50 I 45 2lS $20.00
Foreign Bond Market
e Co., Board of
Bid. Ask.
94 H 94
99 99
98 98
99 99H
95 95 H
97H 98
140 155
91 92
94 95
67 H 60
120 130
97 97
94 96
90 93
90 93
96 97
92 97
91 93
98 9
Trade building
A. F. 6s Oct 1920.
TJ. K. 5s Sept. 1918
V. K. 5 H a Nov. 1919
TJ. K. 5Hs Feb. 1919
TJ. K, 5Hs Nov. 1921
A. F. Sec. 5s Aug. 1919..
Rep. France 6s 1931....
Paris 6s Oct. 1921.
Marseilles 6s Nov. 1919. . .
Russia Extn. 5 H 1921 .. .
Russian Intl. 5s 1926.
Bom. 5s Aug. 1919
Dom. 6s April 1921
Dom. 5s April 1928
Dom. 5s April 1926
Argentine 6s May 1920...
China 6s 1919
Dom. Canada 5s 1937....
French 5 Ha 19L9
New York Bond Market
Furnished by Overbeck A Cooke Co., Board
o! Trade building: Bid. Ask.
Atchison GenL 4s 80 H 80
Bal. Ac Ohio Gold 4 73 74
Beth. Steel Ref. 5s 8!) 90
Cent. Pacific 1st 4s 76 78
('., B. ft Q. Col. 4s . . 93 94
St. Paul GenL 4Hs 80 H 81
Chicago N-W. Genl. 4s ....... . 83
L. N. Uni. 88 85
New Tork Ry. 5s 21 H 22 H
Northern Pac P. L. 4s 80 H 87 H
Resding Genl. 4s 81 82
Union Pac. 1st 4s 86 87
U. S. Steel 5s 98 98 H
Union Pac. 1st Ref. . 5s ... 79 ....
Southern Pae. Con v. 6s ...... 90 91 H
Southern Pac Conv. 4s ....... 78 79
Penn. Conv. 4s 94 H 94
Penn. 1st 4 Hs 86 87
Ches. St Ohio Conv. 6s...... 81 81H
Ore. Short Line 4s 81 81
Minneapolis Cash Grain i
Minneapolis, Aug. -21. Cash wheat: No. 1
dark hard, $2.23 H 2.81 ; to arrive, $2.23 H
2.41; No. L red, $2.15 H : to arrive.
$2.16 H: No. 2 dark hard, $2.20H2 25;
to arrive, $2.20 H 2.25; No. 2 hard. $2.18 H
2.26; to arrive. $2.18.
Corn No. 3 yellow, $1.78 1.83; Nc 4 yel
low. $1.731.78; No. 5 yellow, 11 661 71;
No. 3 white. $1.74 1.79; to arrive, $1.26 &
1.65.
Oata--No. 2 white Montana, 7273e:
standard, 70 71c.
New York Metal Market
New York. Aug. 21. (I. N. 8.) Lead
Firm. Spot and August, $8.05 bid. n
Spelter Firm. Spot, August. September, Wo
vember and Decembee . S 8 c
Seattle Barley Market
Seattle. Aug. 21. (L K. S.) No. 2 feed
barley, $56.00 per ton. Receipts for the day
were 30 cars of wheat.
TRANSPORTATION
SAN FRANCISCOLOS ANGELES
LOW RATES
By Steamer. Including Meats and ert!
THS SAN FRANOISOO A PORTLAND
S. S. CO).
Tickets at Third and Stark
Telephone Broadway 4600, Broadway 2SS
A-1234, A-S121
Edited by
flyman II. Cohen
COUNTRY HOGS HIT
27 CENTS A POUND;
NEW STREET RECORD
Sales Are Blade at Extreme Price
Owing to Great Scarcity of Offer
ings Veals Are Firm at 202e for
Tops Mutton
Is Wanted.
Country killed hogs advanced to a new high
record along Frost t atreet when a sale was made
during the last 24 hours at 27c a pound. At
the same time much strength was shown in the
calf situation with sales at 20 He a pound for
top stuff.
Extreme scarcity of country killed hogs la
shown along the street. While to some extent
the present great shortage is due to the pr-ea of
farm work, still advices Indicate that hogs are
quite well cleaned up in the Willamette valley
where the bulk of the street's supplies come
from.
Hogs have been so scarce along the street of
late that some of the leading receivers have had
none to offer for a number of days.
In the meantime there continued a lack of
appreciation for country killed beef and while
receipt are onty fair, receivers find it exceed
ingly difficult to unload promptly except at low
prices.
Mutton is scarce along the street but the
demand is good. Goats are also wanted.
Increased Trade and
Higher Grain Price
By Joseph F. Prltehard
Chicsgo. Aug. 21. (I. N. 8.) New high
levels were reached in the corn market early
on an urgent demand from commission houses.
but the prices were to the liking of longs snd
others in the trade and they sold the price off
shatrly. Resting spots for tha day were V4
c lower. There was no recuperative power in
the AU2iut future, but the September and Oc
tober regained part of the loss. Oats were
H "c lower. That market started the "sell
ing bee," and was the principal cause of corn
weakening. Provisions closed 525e lower for
the 'day.
Chicago. Aug. 21. (1. N. R.) Increased
trading and higher prices contimied to feature
the grain market here today. Produce moved :
up a bit in sympathy.
An Omaha house continues to buy October oats 1
heavily. Its campaign now haa been In progress
for several days, and has assisted in taking the
surplus offerings out of the pit. Houses with sea
board and cereal connections are buying August 1
oats and selling September on a liberal scale.
Yesterday's revival of corn trade continued
today. Local traders continue to display bear
ish feeling.
Chicago range of prices furnished by United
Press :
CORN
Open. High.
August 1.8.1 1RH
September ..... 165 16-
October 187 167
OATS
August 72 73
September '73 73
October 75 75
PORK
Low.
163 H
163
165
71
72
73
4400
4440
2672
2682
Close.
63
165
72
72
74
4410
4450
2672
2682
September
October . .
September
October . .
September
October . .
. . 4420 4420
. . 4460 4460
LARD
. . 2680 2680
.. 2687 2687
RIBS
2500 2502
2522 2526
2490
2510
2490
2510
AMERICAN LIYESTOCK PRICES
Omaha Hogs $19.10
Omaha. Aug. 21. (I. N S.) Hogs Re
ceipts. 10.000; steady. Top. $19.10: range.
$18.20 19.10; mixed. $ 1 8.40 & 1 8.50 ; good
choice. $18.30 18.43; rough. $ 18 20 a 1 8.30 ;
light, $18.5019 10; bulk. $18.30 18.60;
Pigs. $12.00 17.00.
Cattle Receipts. 6060; stronger. Beeves,
$10.00 18.00; cows and heifers. $8 50
12.00; stockers and feeders. $7.00 814.50;
calves. $7.00 18.00.
Sheep Receipts, 27.000: steady. Yearling-,
$12.25 14.50; lambs. $14.00 17.85 ; ewes,
$10.00 012.50.
Chicago Hogs $20.00
Chicago. Aug. 21. (I. N. S.) Hogs Es
timated receipts. 11.000: strong, steady. Bulk.
$18.25 18.90; top, $20.00; butcher hogs,
heavy. $19.26 19.80 ; packing hogs, heavy.
$17.90(918.60: medium and mixed, $18. 00
19.10; light, $19 25(20.00: pigs. $18.00
18.50; roughs. $17.40 17.85.
Cattle Estimated receipts. 11.000: steady
"tron- Bf cattle, good choice. $16.65
18.85; medium and common, $10.00 16.65
butcher atock, heifers, $7.50 14.25: cows.
90012.50; canners and cotters. $0.50
. : iockera nd fei"S. good, choice, $10.25
13.00; common and medium, $7 50 10.25
veal calves, good, choice. $1 7.26 1 8.00.
Sheep -Etimated receipts, 18,000; steady,
lower. Shorn Iambi, choice and prime. $17.65
18.35; medium and good, $16.25 17 65
spring lambs, good, choice. $15.00 15 60-
leeaer lambs, good, choice. $16 50 17.65-
ewes, choice, prime. $12 88 13. 25; medium
and good. $11.25 12.85.
Kansas Olty Hoes $10.40
Kansas City, Aug. 21. L N. 8.) Cattle
Receipts. 12.000: slow, unevenly lower' and
W?tk' 16.60 17.25; cows and
tRnrTfS10,'501 tocke" d feeders,
$8.00 12.50: calves. $8.00 14.00
..Hoe-RecelJ,t, '1.000; closed lOo to 25e
off Top. $l40; bulk. $18.60 19.25 ;
heavies, $19.00 19.30; mediums, $19.00
19.40; lights, $18.60 19.85.
Sheep Receipts, 4000: lambs steady, sheep
85c to 50o lower. Lambs. $17.00 17.60;
wes. $11.00 12.00 . wethers, $18,757
Denver Hogs $19.60
Denver. Aug. 21. (U. P.I P.m.
"08TT71ir",pt"- 000; steady. Top. $19 60
bulk, $18.75 19.00. xs-.ov.
117o!SffllT; TdPt ?45: Lmb
$17.00 17.75: ewes, $12.00 13 00
c , . 8"n' Hogs $20.00
Seattle. Aug. 21. (I. Nj S.) Hogs Re
ceipts 64. steady. Prime lights, $18.7520 00
medium to choice. $19. 50 19 no- mrfi
Ys'n'n18;60 f V9 00 : heavies, m.60
18.00; pigs. $1.7.50 19.00.
glVnT1"1'.4' ,teadT" BMt trs.
J110013.00: medium to choice. $10 50
11.50; common to good. $6.008.80; beat
cows and heifers $8 50 9.50 : common to tne
dium cows $5.00 7.50; bulls. $8.00 7 50
calves. $5.00 10.00. 15 ' ou-
Sheep Receipts none. e
LIBERTY BOND SALES
Liberty bonds closed in
3 Hs
Thursday 10006
Friday 10010
Saturday 10060
Monday 10084
Tuesday 10106
Wednesday 10202
New York:
1st 4s 2d 4s
9412 9384
9404 9396
0406 - 9884
9404 9334
9410
9414 9380
4s
9558
9558
9548
9544
954'
9502
J 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 X 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1 1.
I Hall & Co.
Liberty Bonds
E irtVESTMKNT BONDS
PREFERRED STOCKS
LOOAL SK0URITIKS
Bought and Sola
Quotations Upon Request
Lewis Bldg, Marshall SSS EE
TmiiimiiiiiimiiiimmmiiiiMimimif;
FARMERS
who wlah to ship direct Veal, Hogs,
Poultry and Eggs should write and
request our weekly price bulletin.
Sheridan-Beckley Co.
US Frost St.
n' ,i n'. "c iiiguer man Monday. Steers.
fori1?'01 W", "", n"f'- T.60
10.00-; stockers and feeders. $7.501100
calves, $11.0013 00. vwxx.uu.
Pertiaad,
Or.)
GEN
AtMDGflv
REPULSES ENEMY
First Official Communique Is Re
ceived in Tokio Today
From Vladivostok.
Toklo. Augr. 17. (Delayed.) (U. P.)
Enemy detachments assaulted Gen
eral Kalmulcov's band and were re
pulsed successfully. Bald the first of
ficial communique from the Vladivo
stok, front today.
The enemy has about 8000 troops
near Uspensa and near SimOncove, on
our right wlnr, says the statement,
and is installing machine guns on
rafts in the TJsuri river.
North Manchurians welcome Japan
ese troops.
The enemy strength along- the Amur
river (which forms the northern Man
churian border for about 800 miles) ts
estimated at 17,000. Including 6500 Aus
tcians and Germans, formerly prison
ers of war.
In the region of Lake Baikal there
are about 18,000 enemy troops, includ
ing 10,000 Austro-Germans.
There are . about 61,000 unarmed
Austro-Iermans, formerly prisoners In
the Lake Baikal region, and 3500 along
the Amur.
LIVERPOOL BTJT8 COTTOX OX
THE DECLINE IN NEW TORK
New Tork. Aug. 21 (t. N. S) Market
opened steady today1 and 1.2 to 18 points lower.
The lower level was influenced by poor Liverpool
cables, reports of showers in the east
Liverpool was a good buyer on the decline,
however, and with prospects of a bullish weekly
weather report st 1 1 o'clock, the market devel
oped a steadier tone, regaining all of the early
loss and sellrfig up to, 32.10 for October.
The close was barely steady at a net decline
of 24 to 35 points.
Open.
312S
312"!
3100
High. I.w. rinse
8158 8104 8115
C14S 8089 3103
3108 8095 3095
31R0
2222 3163 3179
8172 3110 3126
January . . . .
March
May ,
August
October 3180
December 8138
New York spot market 3480
PACJFIC COAST BANK STATEMENT
Portland Banks
This week.
, .$ 5,380.747 58
. . 4.074.426.39
3.763.424 95
Cles rings
Monday . .
Tuesday . .
Wednesday
Tear sgo.
2. 57. 881. OS
2.195.788.89
2.250,632 58
Tacoma Banks
Clearings
Balances
891.802.00
198.627.00
Seattle Banks
Clearings 8,314,288 00
Balances 621,217.00
San Francisco Banks
$18,188,426.00
Spokane Banks
$ 1.886.535 00
555,109 00
Clearings . .
I Clearings
' Balances
Los Angeles Banks
Clearings $ 6.152.117 00
DAIRY PRODUCE OX THE COAST
San Francisco Market
San Francisco, Aug. 21. (TJ. P.) Butter
Extras, 52 He; prime firsts, 4 9c: firsts. 49c.
Eri Extras. 37 He; extra pullets, 63c
Cheese California flats, fancy. 82 He.
Seattle Market
Seattle. Aug 21. L P.) Butter Local
city creamery, bricks, in cartons. 63H64c;
parchment wrapped. 53c; cubes. 50c.
Eggs Fancy ranch. 60S 57c; pullets. 49
53c per dozen.
Cheese Washington triplets, 26 27c; Toung
America, 26 28c; Oregon triplets. 26 27c;
Young America. 26 28c.
Los Anoeies Market
Lee Angeles, Aug. 21. (I. N. S.) Butter
California creamery, extra, 60c
Eggs extra, 54c; case count, 49o; pullets
46c
POTATOES ALL ALONG THE COAST I
Seattle Market
Seattle, Aug. 21. (TJ. P.) Potatoes
new. per pound. 8c; California new
Local
rhites.
8 71 C
Los Angeles Market
Lea Angeles, Aug. 21. L N. S ) Pota
toes Northern Burbanks, $8.60; white rose
$8.15; sweets. 4 5s per pound.
Liverpool Cotton Qniet
Liverpool. Aug. 21. (I. N. 8.) Cotton fu- 1
tares opened quiet. Bpot cotton was in fair de
mand today. Prices easier. Sales 4000 bales.
I!.
San Francisco Import Report
San Francisco, Aug. 21. Recent imports in
clude 120.881 bags rice. 7000 bales hemp. 1200
uairs juie, auu Dales gunnies.
Chicago Dairy Prodnre
Chicago. Aur. 21. II. N. H hhh tj-
ceipta 7581 tubs. Creamery extras. 44 M : ex-
City of
DATED ACGTJST 1, HIS
$130,000
$195,000
To Yield 4.90
Principal and peml-annual Interest (February and August 1st) payable at the office of the City
Treasurer, Portland, Oregon, or at the fiscal Agency pf the State of Oregon. 'w Tork City.
Denomination $1000
FINANCIAL STATEMENT
(As officially reported July 2J, 1918)
Assessed valuation. 1918
BONDED DEBT (this issue Included).
Less water debt
Less sinking fund
NET GENERAL DEBT....
Total bonded debt
ments against private property.
These beads are Isned to vrortde feeds for, the vorebate by the City ef property to be sold fer
dellnqaeat assessments.
Federal Iaeeme Tax Exempt
Ko Owaershls Certificate Beaalred
Legal Investment for Having Bank Fnads la Oregon,
Washington and Callforala
Legality approved by Storey, Thorndlke, Palmer U Dodge, Boston. Massachusetts
"Passed by the Cstrital Isaacs Committee as not roeompauble with the IVartoaal InUrsat,
trot without approval of lecalKr, validity, worth or aeenrttr. Order Ko. A lies."
LUMBERMENS
BUILDING
Finance: Timber : Industry
The Habit of Thrift Growing Out of the Purchase of Thrift and War
Savings Stamps Is One of the Greatest National Assets Resulting
From the War Get the Habit.
Fort of Astoria Bonds Tuesday after
noon Morris Brothers purchased $107.
000 of 6 per cent bonds of tha Port of
Astoria and will "offer them to the public
at a price to net, 6 per cent to the in
vestor. The bonds are dated January 1,
1918, and are due $79,000 on January 1,
1928, and $28,000 on January 1. 1932.
They are a portion of an Issue of $500.
000 of bonds recently sold by the Port
of Astoria and were given in exchange
for property adjoining the port. These
bonds' are the general obligation of
Clatsop county, Oregon.
Warreatoa Improvement Bonds Mor
ris Brothers announce the purchase on
Tuesday afternoon of $135,000 of 6 per
cent improvement bonds, of the city of
Warrenton. Or. These bonds are the
general obligation of the city. They
are dated August 1, 1918, payment being
cptional 10 years after date and due
August 1. 1938.
Irrigation Bonds for Squaw Creek Big
trict The Squaw Creek irrigation dis
trict of Deschutes county has made ap
plication for approval by the Irrigation
securities commission of $98,000 in bonds
for the purchase) of canals and water
rights from the Squaw Creek Irrigation
ceipts. 7581 tubs. Creamery extras. 44 He; ex
parking stock. 83 H 35c
Eggs Receipts 13.985 cases. Current re
ceipts 35S8Hc; ordinary firsts. 3586He;
firsts. 38 39 He: extra. 43 46c; checks. L2
415c; dirties, 2530e.
New Tork Hngar and Coffee
New Tork. Aug 21. (U. P.) Coffee
Spot. No. 7 Rio. 8 He: No. 4 Santos. 11 Ho.
Sugar Centrifugal, $6.05.
Fund Started for
Over Ocean Flight
St. Louis. Aug. 21. (I. N. S.) Plans
to raise a $50,000 fund for the construc
tion of an airplane to make the first
transatlantic trip from St. Louis to
France in foir days, were launched at a
Morris Brothers, Inc.
Established 2 5 Years. j
201 Railway Exchange Building, Portland, Oregon. '7
THE PREMIER MUNICIPAL BOND HOUSE
OF OREGON
$79,000
PORT OF ASTORIA, OREGON
(Corporate Limits,-Co-extensive with Clatsop County)
Municipal Improvement 5 Gold Bonds
Dated January i, 1918. Due January t, 1928.
Denomination $1000
i v . Principal and semi-annual Interest payable at
' '' The Fiscal Agency of the State of Oregon,
New York City..
FINANCIAL STATEMENT
True value of property (estimated) 80,000,000.00
Assessed valuation, 1917 27,133,845.00
Total indebtedness, including this issue 1,625,000.00
Population, 1918 (est.) 30.Q00.
Constitutionality of the act under which the Port of Astoria was
created has been approved by the Supreme Court of the State of
Oregon.
Passed by the. Capital Issues Committee as not Incompatible with the
National Interest, but without approval of legality, validity, worth or
security. (Opinion Ail.)
LEGALITY OF THIS ISSUE OF BONDS APPROVED BY MESSRS.
STOREY, THORNDIKE. PALMER & DODGE, ATTORNEYS. -BOSTON.
EXEMPT FROM FEDERAL INCOME TAX.
A
T
WE UNHESITATINGLY RECOMMEND THESE BONDS AS A
AND VERY DESIRABLE INVESTMENT.
PRICE PAR AND INTEREST
Telephone Mala till
$475,000
Portland, Oregon
Assessment Collection
5y2
Coupon Gold Bonds
$150,000 Optional August 1, 1921, Price 101.66 and Interest
1923,
1925,
st
to optional date and
.$7,944,000
. 2. 172,88
Includes 110,367,598 Improvement Bonds
LUMBERMENS TRUST COMPANY
Capital ahd Surplus J 600.000
company, aa a settlement of a contro
versy relative to. rights. The people) of
the district aref dissatisfied with an
order of the public service commission,
effective September 1, 1917, granting
an Increase of rates to the Squaw Creek
company.
Making- Snrcettfal Farmers of the
Boys It is the testimony of all who
have been Interested in, the Improve
ment of farming methods that the best
results are obtained by workinr with
the boys and girls, and remarkable re
ports are made about . the response
which Is forthcoming from that quarter.
K. T. Meredith of Des Moines, publisher
of Successful Farming, a farm Journal
of large circulation, has been offering
for the past year to lend money to
any boy or girl whose home ta on a
farm money to buy a calf, pig, sheep,
pen of chickens or pure seed, and has
made over 3000 such loans. The experi
ence of the first : year has been so
satisfactory as to payments upon these
loans and interest stimulated that he
ts largely extending his operations, and
his example has caused many others
to adopt, the policy within a more limi
ted area.
3 ; .
luncheon 'here today of the Manufac
turers' association and the Chamber of
Commerce.
Argentina Sends Big
Sum to the Red Cross
Washington, Aug. II. A consignment
of $185,000 In gold reached American
Reid Cross headquarters here today from
Buenos Aires as Argentina's contribu
tion to the Red Crows drive. It waa also
announced that Chile was wendtrrg
$124,000. Word has lust arrived of a
combined Argentlne-Braailian Bed Cross
drive at Pernambuco, the proceeds of
$5800 being divided between the two
allied societies.
SAFE
DUE ACOCST 1, mi
102.64
103.52
5 thereafter
.S2M.S19.9BI
.129,474.498
10.11S.88S
19.J57.S10
payable from assess
FIFTH AND '
STARK A,