THE OREGON DAILY JOURNAL, PORTLAND, WEDNESDAY. FEBRUARY 3, 19ia.
FAMINE IN ONIONS LIKELY-' AND PRICE SHOWS BIG RISE
Edited by
Hyman IL Cohen
BUTTER MARKET IS
SHOWING FIRM TONE
IN THE NORTHWEST
Extremely Good Demand Indicated
With Supply of Cubes Unusually
Limited With High Price Offered
IIlO her Than Other Years.
Starch Factory
Would Be Aid
Potato Grower and Dealers Alike
Want Institution.
, A farther adrance of le a pound was
foreed in eabe batter extras during- toe
day, at tie a poaad, making a further
adrance la prints aear.
That the butter market is stronger is Indi
cated br the creator scramble for cubes shown In
the Jocml territory. Very little of thi took i at
present offering. although there has been aa ad
rance in the price recently over the bade for
print stock.
Prints were unchanged for the day. btrt the
trend of the local and other Pacific Northwest
markets was very firm. Lea din creamery inter
ests ere very much inclined to go slow about
making further adrance for butter in fear of a
decreased consumption of this dairy product and a
proportionate Increase in the sue of oleomargar
ine. Everr time the butter market la advanced,
they eay, the demand la curtailed and the product
of the meat packers goes into greater consumption.
The price of butter at this time Is considered
try high for the season of the year, and is above
that shown In any other year for the same
period. The price of beet prints here per pound
allows for parchment wrappers:
Wednesday BSc
Year ago , S2c
Two years ago 42c
Three years ago 29c
ZGO TRADE SHOWS GOOD DEMAKO
Market for eggs showed a good local demand
during the day with f. o. b. buyers generally of
fering 860 a dosett for current receipt. Sales
of thee were mad during the day at 88c a
doaen with candled st 40c.
CHICKENS CONTINUE VERT SLOW
Chicken market continues extremely slow.
. While .a small amount of business is reported
both at 20 0 81c a pound, the bulk or the lim
ited sales are around "30c Movement in and
out is not very good.
POTATO SITUATION STILL QUIET
Potato market continues to show a Terr quiet
tone locally with nominal country purchases at
S1.00&1.25 per cental, the latter for selected
stock of which there is only a small supply.
Front street trade quiet.
CHEESE SITUATION IS BETTER
Somewhat better situation is ruling all
through the cheese trade and it would not be
surprising if prices here showed some advance
within the next day or so. Practically all mar
kets of the country are today higher than Portland.
DRESSED HOGS REACH HIGHER
With the improved demand for livestock, the
market for country killed hogs along Front
street is in a better position and as high as 20 H
($21e a pound. Veals continue firm with the
extreme top at 24a. a pound.
BRIEF NOTES OF PRODUCE TRADE
Bean market weaker everywhere in the coun
try with trade slow.
Apples of quality extremely scarce because of
better prices in south.
Hop demand liberal for contracts and spot
stock with little offering.
Celery market is held firm at extreme prices.
WEATHER NOTICE FOR SHIPPERS
Weather bureau advises: Protect shipments
during the next 36 hours against the following
minimum temperatures: Going north. 88 de
grees; northeast over the Spokane, Portland Sc
Seattle railway. SO degrees: east to Baker, 28
degrees, and south to Ashland, 82 degrees. Min
imum temperature ax roruana tomorrow, about
40 degrees.
"WHOLESALE PRICES IN PORTLAND
These sre the prices retailers pay wholesslers.
except as otherwise noted:
Dairy Products
BUTTER Selling price, box lot, creamery
prints, parchment wrapped, extras, 66c per lb. ;
prims firsts, 86c: firsts. 65c;. smaller lots at
advance: jobbing prices, ieubes, eitras. 02
680 per IK: prime firsts, ffOe ; isrtons. lc higher.
BUTTKKFAT -Portland delivery basis, 60e
62c; price at country stations. 67 68c.
OLEOMARGARINE Local brands. 30 and
0c lb.; tubs, 35c; 1 lb. cartons, 42c; 2 lb.
cartons, SB He; nutmargarine, 1 lb. cartons.
88c lb.
CHEESE Selling price: Tillamook fresh,
Oregon fancy full cream triplets. 81 31 He lb.;
Young America. 82 32 He; prices to jobbers,
f. 0. b. Tillamook, triplets, 28c; Young America.
20c lb.; selling price, brick, 48c; limburger. 33
34c; block Swiss. 46 47c per lb.
KGt;s Buying price, S8c; selling price, 38c;
candled, 40c.
EOGS Public market retail selling price 43c
per dozen.
LIVE ;POULTRT Heavy hens. 180 9 31c lb.;
light hens, 29c per lb.; broilers, 40o per lb.; old
roosters,. 18e lb.; stags, 20c per lb.; squabs,
83.00; ducks. 35 40c lb.; pigeons, $1.50
2.00 per dozen; turkeys, Mve, 27o per lb.;
dressed. 40 44c per lb.; geese, live. 17 20c.
Fresh Vegetables and Fruit
FfiESH FRUITS Oranges. 4.606.00 per
box; bananas. 8 H 9 e per lb.: lemons, $4.25
V5.60; Florida grapefruit, S6.00&7.7S; Cali
fornia, $ S.O0M4.OO. -
APPLES Various varieties, $1.60 8.80 per
box.
GRAPES Almeira, In kegs. 81 lbs.. 87.00.
PEARS Per box, 12.25 2.50.
DRIED FRUITS Dates. Dromedary. ) ;
Fards. ( ) per box; raisins, three orown, loose
Muscatel, 10c lb.; figs, $3.00 per box of 60
6-oz. packages.
ONIONS Selling price to retailer: Oregon,
$2.002.60 cwt; association selling price, car
loads, ( ) f. o. b. country; garlic. 35 30c;
green onions, 35 40c per dozen bunches.
POTATOES elling price, $1.50 1.73 cwt. ;
buying price for fancy large sizes, $1.25; ordi
nary, $1.00 per cental: sweets, $4.50B.OO.
VEGETABLES Turnips, $2.00 2.25 per
sack; carrots, $2.00 per sack: beets, $2.23 per
sack: cabbage, Oregon. 2o per lb.: Calif orina.
24 0 8 Ho per lb.; lettuce, $3.50 3.76 per
crate; celery, $1.75 dozen; artichokes, $1.65
per dozen, cucumbers. $1.60 0 2:25 dozen; toma
toes, Mexican, $4.00 rug; egg plant, 20c per lb.;
cauliflower; California. $1.60 per dozen; horse
radish. 15c per lb.; bell peppers, 45c per lb.;
peas. 20c per lb.
Menu and Provisions
COUNTRY MEATS Selling price: Country
killed best hogs, I at 21 Ho Jb.S ordinary bogs,
19a lb.; best veal. 24c lb.; ordinary, 21 H
22c; rough heavy, 12He; lamb. 2021c;
mutton. 14 16c lb.; beef, 914e per lb.
SMOKED MEATS Ham, 84 037c; break
fast bacon. 32 51c; picnics, 25c; cottage roll.
Sic: short clears. 80 83c; Oregon exports,
smoked, 80c per lb.
LARD Kettle rendered. $13.1.1 case; stand
ard. 26 Ho per lb..- lard compound. 23 He
Fish ane Shell Fish
FRESH FISH Steelhead salmon. 22 24e
lb.; Chinook. 80e; halibut, fresh. 24a; black
cod. ll12o; silver smelt. 9(10e: tomcod.
10c: sturgeon. IMS' 20c; fresh herring. 7e;
"JiS?. 100 1-25 per B0 lb. box.
SHELL FISH Mh. ' .,n a a nn . .
rJSKJtK1' ft2c wr U : lobsters, 30c per lb.
OYSTERS Olymrrts. gallon. $bB0; canned,
eastern 73c can. $9.00 dozen cans; bulk, $4.50
per gallon.
Groceries
iFGCSuk A10 '- Powdered, $10.10;
fruit ami berry. $9.55 D yellow, $8.85; granu-
enCOerS19-431
S2JUET'TNew' ? S.OO per case,
RICE Japan 1 style. 1. 0H10e; New
Orleans bead, UH 3llfcc; blue rcse, 10 0
ale per lb.
SALT Coarse, half ground. 100s, $16.00 per
ton; 60s. $17.25; table dairy. 60sT $22 00
bales, $3. 10 3.83; fancy table dabr!
$30.25; lump rock, $25.00 pee ton.
BEANS Oregon (sales by jobbers) ; I .art
Washington. 7H9Hc; pink. 7 Ho lb.; limU.
By Hymaa. H. Cohen
What to do with the surplus potatoes
that usually abound in the Pacific
Northwest has worried not only growers
but those in the trade,
1 There usually is a. rood demand for
the better class potatoes but the call
for cull stock is generally poor and es
pecially so in times when a liberal
surplus Is shown.
In any year the operation of a starch
invhory wouia give an outlet for those
potatoes mat-go neither in grade No. 1
Or No. 2. Word reeentlv mm a from
The Dalle that equipment for a starch
manufacturing plant was received last
wee oy me uaiies Kings Products com
pany, which pians to use the peelings
and trimmin fim Af rw-1 1 a t rta m In ami fa
turing the starch. The machinery for
me piani weigns za.uuu pounds and has
a capacity of about 2500 pounds a day,
making: it one of the largest starch
making plants in the Northwest. The
company extecta to effer a ennaMr.
able saving through the plant, aa all of
ui xiuaiertai 10 oe usea is now alscaraed
as waste.
Another Improvement which has been
installed at the local factory- is a 250
horsepower Keeley water tube boiler.
The old boiler was found inadequate in
supplying the growing needs of the
factory.
Country shippers desiring information
regarding any of the markets or who
have problems regarding shipping can
write the market editor of The Journal
with self addressed and stamped envelope.
ONION MARKET HAS
A SHARP! ADVANCE;
. DEMAND IS- HEAVY
Very Sudden Call Springs Up and
Purchases Are Shown in Country
as High as $2 Cental Portland
Goes to $2.50 for No. 1.
Quick Setback, of
Corn Values in
The Chicago Trade
Chicago. Feb. 26. 'I. N. S.) Corn opened
hi c lower to c higher today. Offerings at
the start were light, but increased on the up
tnrn and the market had a quick setback. Com
mission houses favored the selling side.
Oats opened H c to e higher. Trade was
lisht with commission hmies on both sides, but
confining tradings to small lots.
rroviaion opened lower and inactive.
Range of
United Press:
February
March . .
May
July
February
March .-.
May
July .. . ,
May ....
July
May
July . . . .
May
July
Chicago prices as furnished by the
CORN
Open. High.
..1S1H 132H
.182 132 H
.126H 12fl4
.122H 122H
OATS
58 4 e
. 68H
.60
. 68 H
PORK
TyOiw.
181H
181 H
124 H
120 H
LARD
RIBS
Close.
132
132 H
126H
122 H
B9
r.9H
694
58
4150
3825
2540
2455
2305
2200
MARCH COTTOJT IS LEADER
WITH GOOD EARLY BISE
New York. Feb. 26. II. N. S.) At the
opening of the cotton market today March con
tracts were 40 points lower, while latar months
were 8 points lower to 11 points higher.
The market closed steady. 25 points lower
to o points nigner.
Month.
January .'.
March . . .
April
May
June
July
August . . .
September
October . .
November. .
December .
Open.
2240
2180
2100
2000
1980
High. Low.
2270 2225
225 2194
2i34 2100
20i3 1985
1980 1968
Cloe.
1965
2210
2210
$188
2130
2113
2045
2025
2000
1990
1975
According to a special report made by
W. I. Swank, general selling represents
tire of the Coafederate Onion Growers'
association, there are at this time not
over $ cars of onions unsold la Western
Oregon with the exception of a few cars
ia the Lake Lablsh section, of which no
count has been made. The totals also
laclade stocks held in Clarke county.
Wash. '
The Confederate association has en.
tlrely withdrawn from the market for
the moment and I not offering aay sap.
plies. It is expected to reenter the mar
kst within a few days with still higher
prices.
Market for onions, while showing a somewhat
improved demand during the last few days, Us
previously noted in these reports, baa suddenly
really awakened to the extent that a sharp ad
vance in prices has been foreed here.
Purchases of No. 1 onions which could have
beea made less than a week ago down to $1.25
per cental, f. o. b. oountry points while the
Confederate Onion Growers' association at that
time waa only asking $1.60 with few sales, now
finds purchasers in the country for this quality
as high as $2.00 per cental, although some of
the business at this price has been done for
April delivery.
Along Front street the market showed a like
quick improvement and advance in the price
with No. V stock quoted during the day at $2.60
per cental
Stocks of onions of best quality are extremely
scarce and the off-grade stock will soon go into
the dumps.
Canada Now
Asks for Eggs
In Local Trade
Canada was In the market for eggs
here daring the day. This Is the first
time that dominion dealers have
sought stocks here this year, which
means a firmer and higher market.
PORTLAND HOGS GO
AT A HIGHER PRICE
CONSIDERING QUALITY
Local Market Is Even Higher Than
Chicago for Same Class of Stock
Limited Run of Swine and Cattle
So Mutton in Alleys.
Wednesday . .
Week ago . .
2 weeks ago
4 weeks ago
Year ago . .
2 years ago .
3 years ago
4 years ago
PORTLAND LIVESTOCK RUN
Hogs. Cattle. Calves. Sheep.
477 1U 1
,. 442
, . 253
.. 834
. . 472
. . 272
. . 319
. . 490
148
69
43
863
46
78
61
16
4
O
3
14
2
961
625
74
Xew Tork-8t. Louis Metals
New York. Feb. 26. (I. N. 8.) Lead
Steady. East St. Louis, spot, $5.80 5.60;
February, offered at $5.30 & 5.45; March.
April. May and June, $5.305.40.
Spelter Easy. East St Louis, spot; Febru
ary and March, offered at $6.266.35; April.
May and June, offered at lA.SOiAao
Copper There was a better feeling in the
copper market today, bids having been received
at 15 He cah or 16 He delivered. Smelter
dealers are still quoting at 16o a pound.
Iron Pittsburg Bessemer, unchanged at
)1I DU g 3D.UU.
St Louis. Feb. 26. (I. N. S.) Lead
Dtrong, to.ll).
Spelter' Lower at $6.27 H.
Chicago Dairy. Produce
Chicage, Feb. 26. (L N. S.) Butter Re
ceipts 7ts tubs, (jreamery extra. 54H55o
firsts. 63e: psckin stock. 28AA2U.
Eft's Receitrt 3fta5 eases. niirn
88 ( 39 He: ordinarv firsts A. a SA ai ..'
S9H39He; extra. 4546c; checks. 25'
sue; oirues, 92 is oc
AMERICA LIVESTOCK PRICES
Chicago Hogs $17.70
Chicago. Feb. 26. (L N. 8.) Hogs Esti
mated receipts. 41,000; slow. Bulk. $17.40
17.60; top. $17.70; butcher bogs, heavy,
$17.60 17.70; Packing hogs, heavy, $16.76
17.25; medium and mixed, $1 7.15 17.40 ;
Light, $16.75017.55; pigs. $14.2516.26;
roughs, $16.25 16.76.
Cattle Estimated receipts, 5000; higher.
Beef cattle, good choice. $16.25.20.O0;
medium and common. $10.73 016.23; butcher
stock, heifers, $7.75 013.60; cows, $7,50 0
16.00; csnners snd cutters, $6.50 7.60;
stockers and feeders, good choice, $11.15
15.00; medium, $8.2.1 11.15 ; veal calves,
good choice. $16.50 17.25.
Sheep Estimated receipts, 8000; higher.
Shorn lambs, choice and prime, $18.50
18.65; medium and good. $17.00 018.50;
spring lambs, good choice, $16.75 017.00;
ewes, choice prime, $12.50 012.76; medium
and good, $10.25 & 12.50.
Omaha Hogs $17.00
Omaha, Neb.. Feb. 26. (I. N. .) Hogs
Receipts, 22.500; steady. Top, $17.60; range,
$16.30017.50: mixed. $17.00 017.23; tnrA
choice, $17.25017.50; rough, $17.00 017.10;
light. $16.56017.15; bulk, $17.00 017.25;
pigs, $10.00 014.00.
cattle Keceipts, 6500; strong. Beeves.
$13.30 018.20; cows and heifers, $6.25
14.00- sfvlrr rA 4Am ST ft A fli -I K 9 .
calves. $7.00 018.75. ' '
Sheep Receipts, 8600; steady. Wethers,
$12.00 013.00; yearlings, $9.00016.00;
lambs, $16.75 017.65; ewes, $9.00 011.65.
Seattle Hogs (17.00
Seattle. Feb. 26. (I. N. S.I Hon Re
ceipts 337, strong. Prime lights. $17.25 017.60;
medium to choice, SIB. DO g 17.15; rough heavy,
$14.90 015.60; pigs. $14.90 016.60.
Cattle Receipts, 145, steady. Best steers.
$11.60 014: medium to choice. 810.50(3)11
Sommon to good, $7.00 10; best cows. $8
I; common to good cows. $5 0 7.50; bulls, $5
Sheep Receipts. 85. steady. Oimtstinn
Lambs, $14014.50; yearlings, $10010 50
ewes, $7 0 9.00.
Kansas City Hogs $17.75,
Kansas City, Feb. 26. (I. N. S.) Cattle
Receipts 11,000, slow, steady to lower. Steers.
$14.50 016; cows and heifers. $6 014; stock
ers and feeders, $7 016; calves, $3 013.60.
Hogs Receipts 20.000. steady to lower. Bulk
$17017.45; top, $17.75; heavies, $17.28
17.75; lights. $16.80 (0 17.45; mediums, $17.36
017.53.
Sheep Receipts 6000. market steady. Weth
$16.1 WH. "":
Gorerameat Bays Floor
Chicago, Feb. 26. The grain corporation
purcnasea ouu.uuu barrels of flour last week,
prices being $9.95 010.20 for hard and $9.75
w iv. 2u tor sort, oasis Baltimore.
: Stocks. Beads. Cotton. Grain, Bta.
tl$.$17 Beard ot Trade Building
Overbeck&CookeCo.
DIRECT PWVATE WIkS
TO ALL EXCHANGES
Ueaibers Ckleago Board of Trade
f CaUelagft
C?"sBU 9t IgM Bryan
' - aiw a on
11 He; Bayou, e; red. 8c per lb. Oregon
beans (buying price), nominal.
CANNED MILK Carnation, $6.70; Bor
den. $6 60; Aster, $6.60; Eagle, $10.25;
Libby, $6.70; Yeloban. $6.60; Holly, $6.60;
Mount Vernon. $6.60; Hazel wood, $6.60 ease.
COFFEE Roasted. 28 0 44c; in sacks or
SODA CRACKERS Bulk. 17e per lb.
XTTT.M fluIoH wtMihi a At. Ait. w
almonds. 24 0 29o; filberts, 28c. in sack lotsj.
rnejamirai 1 Kn ruMia OK.. :i- a
a" e iwoaisve vv , 01U1UI, oVOQ.
Hops, Wool and Hides
T-T At KmhImI 1&1 D qoa.m.
HIDES No. 1 salt cured hides, 80 lbs. and
up, 15c: No. 1 part cured hides, 30 lbs. and Up
lHc; No. 1 green hides, 80 lbs. and up. 12c:
W a. 1 u IsV s.Tl E sa vi m .
" ' M.,74 uuiui, om lus. ana up, j zc : ro.
1 Task rt itnrswl Krtllo Ki lha . 1 a i " .t .
VwHf vv iw. stasia u, A V sj - rtO.
1 SX1-waari Ktltlsl Rft lKa aavaH .waa rrtL : .
" . j: 7,7 - -1-, arc. AUOJ fynces on
r Q hirloa will Kav 1 t a.k .
- -w, gw esuuuu wTOav UMB JOT
No. Is of same kind. Nx 1 cslf skins, up toa
o in., oc; no. z can sft.nft,- tip to 15 lbs..
WAV aw. a Aiy, A a vj v JOS., IOC I XVCX 2 Kjr
- J avaaaaa, SUUCO, $ IDSas ft 11(1
WT, 28c; dry flint calf, tinder 7 lbs., 88e: dry
a-aiv uium, a U3, nu up, SiCI QTJ SStt Calf,
under 7 lbs., 32e; dry cull hides cr calf, half
nHM s4pv flirtsV avi at era n Wa-alt - 1 O . .a
stags or bulb. 12c; dry cull stags or bulls, half
kA "V uKiea, pnee vanes, gl.60 to
.- "Vi cwKuus w bs ins wae oir eacn; sa It-
H inn,. .ktfilitt4 hMf . m. ..
. -'' ww. .to un, UU, f:
price varies, according to size and take off to
v - .T . . Jr" ; ury long
woui Keiu, per id., aoc; ary medium wool pelts
per lb.. lO012e; dry shearUng pelts, each, 25
Hwie www pens, eacn. gl.25 0
9 nA .t .1,,11.. . i,.' " w
long hair met skins, per lb., SOc; dry abort
hair goat skins, each, 50e to 70c; borse tail
hair, per lb., 20c; borse mane hair, per lb 10c-
TALLOW AND GREASE No. 1 Ullow 6e
No. 2, 4c; No. 1 grease. 8c No. 2 grease' 2c'
CHITTIM Oat CASCARA BAKK-ross
weights. 13a
Hopes, Paints, Oils
ROPE Sisal, dark, 24c; white. 23 He ft -Standard
Manila. 82 He.
LINSEED OIL Raw. bbls.. $l.g gallon
kettle boiled, bbls.. 31. US: .-T 5 V
boiled, cases. $2.06 per gallon. '
CXJAL. OIL water white, hi drums or ircaa
bbls., lOe gallon; cases, 2 Oc gallon.
GASOLINE Iron bbls.. 21 He; cases 81 Ua
engine distillate, iron bbls.. 18c; cases. '23c
WHrrE LEAD Ton lots, 13 He; 600 lbs.,
-TTTHPKVrTVTfl Tilth A- a...
case lot le Us. ' "
WlsUS MAILS Basic price. $6.40.
We pay 24c for top qualify veal,
We pay 21o for top block pork.
We never charge co mm Isaion.
FRANK U SMITH MEAT CO.
t7Msr T3U4 n-i .avast"
-31 Alder Btrect, Portland. Or.A4.
DAIEY PEODUCE OF THE COAST
Seattle Market
Seattle. Feb. 26. V. P.) Butter Local
city creamery bricks, in cartons, 67 0 58c; do
parchment wrapped, 57c; do cubes, 65 56c
Kits Fancy ranch, 43 0 45c; pullets. 40 0
41e per dozen.
Cheese Washington triplets, 82 084c; Wash
Ington Young America. 34 0 36c; Oregon trip
lets, 32 0d4c; Oregon Young America, 34 0 35c.
Broomhall Crop Report
BroomhaH cabled:
United Kingdom Wintery weather has pre
vailed. Plowing is still in arrears. Native wheat
offerings are very liberal, and in addition stocks
of flour have assumed huge proportions.
Denmsik Area under wheat crop is reported
at 126,000 acres vs. 142.000 last year. Bye
acreage is 553,000 vs. 636,000 last year.
South Africa Fearing that free imports will
bring down the level of values, farmers of South
Africa have asked the government to afford them
protection by fixing wheat values.
Argentine Weather continues fine. Prospects
for the growing corn crop are still favorable, but
seme rain in parts would not be unwelcome
Labor troubles are still serious, and the scarcity
of experienced workers continues to restrict
loadings. The port of Buenos Aires is greatly
congested, and the outlook continues unfavorable.
PACIFIC COAST BANK STATEMENT
Clearings:
Monday
Tuesday. . . .
Wednesday. .
Clearings . . ,
Balances . . ,
Clearings . . ,
Balances . . ,
Clearings . . .
Balances . . .
Portland Banks
This Week.
6.176.297.52
4.448,768.30
5.100.996.95
8nokane Vanks
Seattle Banks
$
Taooma Banks
Year Ago.
8.765,006.95
3.171,439.24
2,893,715.69
1,171.965.00
892,829.00
4,343.220.00
388,932.00
604.099.00
107,513.00
Only six carloads of livestock entered the
North Portland yards over night. Trend of
the general trade was firm.
Market for bogs at North Portland la now
within a mere fraction of the extreme price
quoted at Chicago and considering the quality
of the stock that sells there at the top and
that which brings the extreme mark here, the
trade here is actually paring a higher value
than any of the big eastern centers. Local tops
continued firm aa high as $17.50.
(General hn anarket ranee:
Prime mixed $17.25 017.50
Medium mixed 17.00017.25
Rough heavies 15.25 015.60
Pies 13.00 015.00
Bulk 17.25
Oattle Continue Strong
All through the cattle market a strong tone
is ruling at. North Portland with a very small
run of 104 head reported in over night. All
lines in the cattle alleys show maintained values.
General cattle range:
Best steers $13.60 014.50
Good to choice steers 11.75 012.75
Medium to good steers 10.76 011.75
Fair to good steers 9.60 010.75
Common fo fair steers 8 600 .B0
Choice cows and heifers 10.50 011.50
Good to choice cows and heifers. 8.75 0 0.75
Medium to good eows aad heifers. 7.750 8.75
Fair to medium cows and heifers. 6.00 0 7.00
Oanners 8.50 0 5.00
Bulls 6.00 0 9.00
Calves 9.00 013.50
Blockers and feeders .. .- 7.00 10.00
Mutton Is Absent
It was again a lifeless day in the mutton
alleys at North Portland with not a single head
reported in over night. In the meantime the
trend of the market indicates strength in all
divisions.
General sheep and lamb range
Prime lambs
Fair to medium lambs
Yearlings
Wethers
Ewes
Goats
Wednesday Livestock Shippers
Hogs Hans Beck, Goodnough, Wash., 1
load; F. Garner, Lyle, 1 load; I). Bitzsclike. 1
load.
Cattle and calves O. B. Johnson, Cottage
Grove. 1 load.
Mixed Stuff Suthertln Land 4c Livestock
company, Sutherlin, 1 load cattle, calves, and
hogs; Frank Warm, Mount Angel, 1 load cat
tle and hogs.
Tuesday Afternoon Sales
STEERS
No. Ave. lbs. Price. I No. Ave. lbs. Price.
1.... 940 $ 9.00 I 1 950 $12.00
COWS
.$14.00014.50
1U.OO W12.UU
10.00 011.00
9.00010.00
6 "50 8.76
5.50 0 6.00
8. ,
1 . .
9. .
2 . .
8. .
2..
164. .
27. .
16. .
47..
93. .
830
720
782
785
804
204
172
260
100
102
8.50 I 4..
6.00 1.
7.00 1.
8.00 8.
9.50 1.
BULLS
880 $ 7.00 1.
HOGS
$17.25 I 31.
17.00 4.
16.75 I 1.
WETHERS
$10.50
EWES
$ 9.00 59.
LAMBS
. 880
. 580
. 960
.1080
. 690
1 7. BO
8.50
10.00
9 00
4.50
.1070 $ 0.00
183
307
289
$17.10
10 2B
15.25
91 $ 6.50
16. . . . 62 $12.50
Wednesday Morning Sales
STEERS
No. Ave. lbs. Price. I No. Ave. lbs. Price.
1.... 880 $12.00 21 1074 $18.00
28. . . .1306 14.00 I
COWS
I 1030 $ 7.25 I 2 815 $ 8.60
1.... 880 6.00 f 2.... 840 6.60
1 . . . . 880 7.50 I
HEIFERS
1.... 490 $10.00 ff
BULLS
3 1205 t 8.60 1 1700 $ 9.75
HOGS
1.... 245 $17.26 8.... 486 $15.25
48.... 107 16.00 18.... 269 17.00
21I III 17.23 6 875 15.25
4. . . . 822 16.25
Money and Exchange
New York. Feb. 26. (L N. S. Cn nnn,.
on the floor of the New York stock exchange
loamy ruiea n as per cent; high. 6 per cent
low, 6 per cent.
Time money was firm. Rates were 8 , per
ceui
The market for prime mercantile paper was
sieaay. vau money in iondon today waa 3 H
per cent.
Sterling exchange was steady, with business
in oanaers nun at S4.7D 4 for demand, $4.78 H
iuc ov wr uuu, ana 4. ior vu aay oil la.
POTATOES ALL ALONG THE COAST
Seattle Market
Seattle. Feb. 26. (L N. S ) Onions. 2H
Potatoes $ 50 0 82 ; local $25 0 26.
We Own and Offer, Subject to rtar SaJei
SPERRY FLOUR CO.
First Mortgage Gold 6 Bonds
Dated February 1, 1919 Due February 1, 1934
Denominations $1000.00
Sinking Fund of $100,000 annually. Will retire ap
proximately one-half of the bonds prior to maturity.
The company was established in 1892. Development
has been continuous, so that today it is the largest manu
facturer of flour on the Pacific Coast. "
Price 98 and Interest to Yield Over 6.20
Consult Us Before You Buy or Sell Liberty Bonds
LUMBERMENS TRUST COMPANY
Capital and Sublbs $600,000
TRADE FEARS A BIG
GARRY OVER FOR YEAR
IN ALL BREADSTUFFS
Radical Change in the Shipping Situ
ation Is Only Solution to the
Present Problem More Ships Are
Sow Absolutely Necessary.
NORTHWEST GRAIN RECEIPTS
Cars-
Wheat. Barley. Flour. Oata. Hay.
Portland, Wed. .
Year ago.
Season to date. .
Year ago
Tacoma. Toes. .
Year ago.
Season to date. .
Year ago
Seattle, Tues. . .
1 ear ago 2
Season to date. ..4752
Year ago 3588
Astoria Receipts of inspected wheat,
ary 17 to 22 were two can.
11
.6328
.3645
7
!4673
.3961
8
11 14 1 8
1 8 X4
901 1832 603 2620
243 733 1050 1540
1 6
10
185 1016
212 186$
16
4
61 988 508 2207
267 1257 936 2589
Febru-
30
74
That the shipping situation Is the only factor
in the flour trade at this time, is now acknowl
edged by all In the business. Much disappoint
ment is expressed that no greater supply of ships
for loading breadstuffa has been assigned to Port
land by the government, but hopes are expressed
that within a short time that the situation win
show considerable improvement.
The fact stares the trade in the face that
unless there ia a very radical change in the ship
ping situation there will be a huge supply of both
wheat and flour carried over in the Pacific
Northwest into the coming season, with its pres
ent prospect of a heavy crop of cereals.
Warehouse room Is a crying factor in the trade
at the "moment, practically no supply being shown
at this time.
Mlllstuffs continue to show dullness, with no
change Indicated in general prices for the day.
FLOUR Selling prices: Patent. $10.90;
family wheat flour. $10.75; barley flour,
$10.70; Willamette Valley. $10 60; local
straight, $10.70; bakers' local. $10.70 010.90;
Montana spring wheat patent, $10.85; rye flour,
$11.50: oat flour. $10.00. Price for city de
livery in five barrel lots.
HAY Buying price: Willsmrtte timothy,
fsncy, ( ) ; Eastern Oregon-Washington fancy
timothy. $3100 32. 00; alfalfa, $26,00 0
26.50; valley vetch, $28.00: chea. ( ).;
clover, $26.00(327.00: grain. $26.00 per ton.
GRAIN SACKS Nominal. New crep deliv
ery No. 1 Calcutta, 14 015c in car lots; less
amounts l.igher.
MILL8TUFKS MixeO run, at mills, sacked,
$40 00041.00.
ROLLED OATS Per barrel, $9.60 010.00.
ROLI.KI BAHLET Per ton. $52 0 53.
CORN Whole, $67.00 0 68.60; cracked.
$69.00 0 70.00 per ton.
No bids were rusde on locsl oata or barley on
the exchange. 9Cai-tern oats and corn in bulk:
OATS
White 38 pound clipped 4250 4250
CORN
No. 3 yellow 5230 3325 5325
No. 3 mixed 6100 5200 5200
LIBERTY BOND SALES
Liberty bonds official closing price. New York:
Conv. 1st 4 th
Stts l?t. 4s. 2d 4s. 4 Vis. 4t.
Thursday .. 9840 9290 9286 9616 9462
Friday 9940 9280 02HC 9524 9428
Monday ... 6860 9360 9330 9520 9428
Tuesday .. 0870 9370 9386 9512 9422
Wednesday. 9892 9114 9414 9510 9414
Eugene Is Preparing
Wonderful Welcome
For Boys of the 65th
Eugene, Feb. 26. (U. P.) Eugene is
preparing a wonderful welcome for her
boy in the Sixty-fifth artillery who
are now at Camp Lewis and who expect
to return here Saturday noon. A huge
parade- will be formed after the first
greetings and will march the length of
Willamette street, escorted by several
bands and headed by Eugene's dis
charged sailor boys. These jackies will
lead the parade and act as color bearers.
The citizens of the towns ' near Eu
gene who have boys in the regiment
have been invited to participate In the
celebration and plans are being laid for
the biggest demonstration ever put on in
this part of the country.
Prices Tend Up
In Early Trading
In N. Y. Market
OLOSINa TRADE STRONQ
New York. res. M I. N. s.l The stock
market was extremely strana In tha latat daatlinaa.
AN the Important Issues were la urgent Demand
and nveJ Hp to new high levels for the oay.
Steel common, after reacting to SOrst rose to
9SH, and alossd at SSH.
The other steel Industrials made gains of about
v ssnns. is s Herat wows move up to IMVtt
closed at 14SV, while StuOeoakar was fin.
aiiv u v . Marine peer erred closed at 10O.
New York, Feb. 26. (L !. S.) Although
there were irregular changes at the opening of
tne stock market .today, the undertone waa strong
and important movements were to higher figures.
American Beet Sugar rose 1 to 74 . and
American Sugar Refiners gained 14 to 121 H.
The marines were la urgent demand, with the
preferred opening up 3 points to 99 H.
Baldwin, after opening at 77 , rose to 78 ,
and U. S. Steel gained H to 94 H . .
Kelly-Springfield again touched a new high
record, advancing 14 to 109. Pittsburg tc
West Virginia was the most active of the railroad
issues, advancing Ihk to 89)4 . Southern Pa.
cific rose 4 to 102 H.
The demand for specialties continued during
the forenoon. Kelly-Springfield moveed up to
xis ana uenerai saotora toes over points to
147K.
V. B. Rubber rose 1 to 88.
U. S. Steel moved np nearly a point to 944,
and Crucible Steel rallied to 60 points.
The oa stocks were fairly active, Mexican Pe
troleum moving np 1 H to 180 K.
Marino preferred, after selling down to 93 .
rallied to 101.
A French substitute for glass Is made
by coating light metal lattice work with
a nbn-inflamable film.
Liberty Bonds
We buy and sell all issues
"at the market"
LUMBERMENS
JsUILDlNa
FIFTH AND
. STARK
V
Mall or phoae orders exeeated
og. .JSiaw FREEMAN
Camp
Co.
220 Northwettern Bank Bids.
Phosi Main 646
TBAKSPOBTATIOJT
13113
E8TI MA TCP SAILIMM
Passenger and Ooros Services
HEW YORK to LIVERPOOL
Aqultanla Msr,
Oarenlo Mew. 10
Ordunm Mar. 1S
, Mar. IS
Crme" Mar. 24
Aeurtania Mor. Z9
NEW YORK to LONDON
Pannenla Mar.
ST. JOHNS TO OLASOOW
BS
For all Information aa to Rates. Tours, ate.
apply to anyof our local A rants, or to Dorse
B. Smith. The Journal Bids.. Portland. Or.
COMPANY OFFICE. HOOC BUILOINS.
SEATTLE, WASH.
Hall & Co. I
Liberty Bonds
INVESTMENT BONDS E
PREFERRED STOCKS
LOCAL SECURITIES
Bought end SoM S
quotations Upon maml
. Lewis Bids,
aursbaii as 9
Furnished by Overbeck A
Trade building;
Alaska Gold
American Agr. Chem III 11
American .Beet Sugar ....
American Can. e ....... .
American Car Foundry, e.
American Cotton Oil. c . . .
American Linseed, c
American Locomotive, a...
'American Smelter, e . . . .
American Snmatra TaIiamw
American Sugar, e
American Tel. It. Tel
American Woolen, c
Anaconda Mining ..oC...
Atchison
Atlantic. Gulf es W. l"...
naiawtn locomotive, c . . .
RtltimnM A. rhhtM
Brooklyn Rapid Transit
Butt. A Rimmwi
California Petroleum, e . .' .'
Canadian Pacific
Central Leather,- e
CliesaDeake A (this
Chi. A C. W
Chi.. M. A St. P
Chi. Ac 'nrthvMt.m i
Chile CoDDer. . .
Chino Copper
t'4lo. F. A I., c
Consolidated Gee .........
Corn Products, c
C rucible Steel, c ',
Cuban Cane Sugar ........
Denver at R. U., pfd. . . .
Distillers i
Erie, c
Jeeral Klectrio . .
General Motors ..........
Goodrich Rubber
. Northern Ore Lands . . . ,
Hide & Leather, c ,
Illinois Central .
Industrial Almnol
Inspiration
Int. Mer. Marine
Int Mer. Marine, pfd ,
Int. (Nickel ; ,
Kennecoft Cnnner
Lackawanna Steel
Maxwell Motors, c. " !
Mexican Petroleum ,
Miami Conner
Midvale Steel ,
Missouri Pacific ..J.
National Lead
Nevada Cons. ............
New Haven
New York Central
Norfolk it Western, c ,
Northern Pacific
Ohio Cities Gas '
Pennsylvania Railway
Pressed HtM1 .r m
Kay Gons. Copper
Railway Steel Springs
Reading, c
Republic Iron A Steel, c. . . ,
Rock Island
Sears. Roebuck V Co.
Shattuck
Studebaker, i
Southern Pacifie . . . .
Southern Railway, o
Switt It Co.
Texas Oil
Tobacco Products .........
In ion Pacific, c
I'nited Cigar Stores ......
United States Rubber, c
United States Steel, c
do pfd
Ctah Copper
Virginia Chemical, e.
Western L'nion Telegraph . . .
Westinfhouse Elect rio
Willys Overland
Woolworth
Cooks Co.. Board of
as
85
102
75
47
90 H
90 H
47H
64
66
114H
120
105
57
60
92
98
78
48
234
is y
26
163
82
57
8
86v
95H
18
33 H
88
95
48
60
22
8
"tl6tt
16T4
154
84
102
78
45
90
47
64
65
118
121
105
86
60
91
98
77
48
24
18
27
163
63
68
8
36
95
18
83
33
' in' '
co
22
. 7
58
16
iii' '
70
89
17
iio
44
23
179
24
29
66
a
179
22 A
42
24
67
16
28
74
98"
37
44
67
19
75
81. "4
75
24
171
'''
102
28
123
12
89 ,
160
123
82
94
114
63
87
48
26
'i i
93
17
97
110
45
23
180
25
30
66
55
36
177
22T4
42
25
66
16
80
74
106
92
87
44
67
19
74
81
77
25
171
10
60
102
29
12$
19H
88
130
88
95
114
69
C4
V
27
121
MANY FARM BUREAU
MEETINGS SCHEDULED
FOR MONTH 0
F
MARCH
Irrigation, Drainage, Dairy and
Animal Husbandry Questions
All to Be Taken Up.
Oregon Agricultural College. Corvallis,
Feb. 26. The farm bureau calendar
for March. Includes many meetings and
conferences of interest to the Oregon
farmers. Some of the prospective gcth
erings are : Elevator operators' schools.
Fndleton, March 10-14; second annual
irrigation school. Redmond, flarch 3-8 ;
Irrigation school, Klamath Falls, March
24-29 ; animal husbandry Schools. Doug
laa county. March 10-14 : drainage
schools. Coos oounty, March 17-22;
tractor school, Medford, March 26-29:
dairy extension schools, Applegate,
March 5-8; Qlendale, March ,7-8; Bandy,
March 11-12 ; Jordan, March 14 : Ljane
county. March 17-22 ; Shedd, March
25-26 ; Toledo, March 28-29.
An organized squirrel campaign Is
to be launched throughout the stata
during March and the farm bureau or
ganlsatlon drives in several Oregon
counties will bo completed. Boys and
girls' cluba are also to be given spe
cial attention.
Oregon Agricultural College. Corval
lis, Feb. 28. Miss "rie Anthony. 15.
has been appointed home demonstration
agent for Clackamas county, with head
quarters at Oregon City.
Lane Will Raise .
All Its Quota for
Livestock Building
Eugene. Feb. 26. (U. P.) That Lane
county will raise iV quota of stock in
the Pacific International Livestock
exposition was assured at a meeting of
uugene citizens neia Tuesday night at
the Chamber of Commerce, at which
time O. M. Plummer of Portland, mana
ger of the campaign to raise $250,000
for the construction of a new building
for the exposition, spoke. . .
No definite action was taken, due to
the absence of many of the men inter
ested In the project and another meet
ing was set for this afternoon. It Is ex
pected that a number of citizens will
underwrite the entire quota of $6000.
I. W. W. Accused of
Leaving With Funds
Seattle. Feb. 2. (1. N. 8.) Tie In
dustrial Workers of the World have
been fleeced out of $539.98 by . Lewis
Francis, former secretary of the Port
land Defense committee, according to a
circular found in the pockets of Samuel
Simon, under arrest here today on a
disorderly charge. The circular says
Francis was a member of the Lumber
Workers' strike committee in Seattle in
November, 1917. and that he left Port
land in December, 1918, with the or
ganization's funds.
Iron Works Gets Big Order
Ashland. Feb. 26. A large order from
the United States government for black
smith's hammers and anchor windlasses
has been secured by the Ashland Iron
works.
Patrick J. Hayes
Named Arch-Bishop
Washington Feb. 26. I. N. S.) Pat
rick Joseph Hayes, auxiliary bishop of
New York, has been appointed arch
bishop of Now York, according to in
formation received here this afternoon.
He was appointed bishop ordinary in
charge of all the Catholic chaplains in
the United States army and navy No
vember 29. 1917. He is pastor of SL
Stephens church In New York. He waa
born In New York November 20, 1867,
ordained September S, 1892. and conse
crated auxiliary bishop October 28, 1914.
Finance, Tim ber
Industry
Hew Federal Revenue Law An an
notated edition of the new federal reve
nue act la being issued by the National
Bank of Commerce in New York. The
text of the book is provided with side
notes and a complete index, and also
with tables to aid In the Interpretation
of the law and the computation of taxes.
In a foreword, James " 8. Alexander,
president ot the bank, says: "Federal
taxes for both 1918 and 1919 are levied
in the new federal revenue act." thus
making It possible for bigness men to
know in advance what nharo . of earn
ings -the government will require In
taxes for the coming year. The new
law contains distinct improvements over
the acts of 1916 and 1917, which it re
places. It consolidates scattered provt
sionn relating to taxes on Individual
incomes and relieves Individuals and
partnerships from the excess profits
tax. It also permits deduction of losses
In transactions not directly connected
with trade or business and removes the
limitation upon the deduction of interest
upon Indebtedness."
Kew Issse of Certificate! of Indented
aess The secretary of the treasury an
nounces a new . offering of certificates
of indebtedness In anticipation of the
April issue ot short term notes of the
United States government. The cer-,.
tlffcates are in denominations of $500.
$1000, $5000. $10,000 and $100,000, and
will bear interest at the rate of 4
per cent per annum. The certificates
are dated February 27 and mature July
29, 1919. Subscription books close March
6. Certificates of this eerles. if not
previously redeemed, will be accepted t
par and accrued Interest in payment
of the first Installment of any issue
of bonds or notes offered for subscrip
tion by the United States treasury. This
series of certificates will not be accepted
in payment of taxes.
northwestern national Occupies Kew
Qsarters The collection, exchange and
savings departments ot the Northwest
ern National bank have been moved Into
new quarters prepared to the left of the
lobby of the Morrison street entrance
to the Northwestern Bank building. The
new banking room Is 35 by 64 feet in
dimensions and has been fitted up at a
coat of approximately $35,000. The floor
ia of tiling, and the walls and partitions
of California and Italian marble. A
heavy marble table for the convenience
of patrons adorns the lobby. O. W.
Hoyt will manage the new annex, and
Walter Brown is in charge of the for
eign exchange department. Work on tha
entrance vestibule . will bo completed
next week. ,
Lsmbermeng Trast Company Of for
tags A portion of an Issue of $3,000.;'K
of 6 per cent first mortgage gold bonds
of the Sperry Flour company of &n
Franclaoo ia offered by the Lumbermen
Trust company at prices to yield 6.20
per cat- The bonds are dated Febru
ary 1, 1919, and mature February 1,
1'j31. Total assets of the Sperry com
pany amount to $16.500,000 ; quick as3frts,
including goods on hand, total $3,975,156,
and fixed assets total 15,924.156. Crona
sales fcr 1918' totaled $39,000,000. The
present issue is the only bonded indebt
edness.
City of "Wallowa Improvement Bonds-
Morris Bros, offer an Issue of $7,782,275
Ot 6V per cent Improvement bonds of
the city of Wallowa, dated January 15,
1919. The bonds are in denominations
of $500, mature serially to January 15.
l2t, and are offered at pricea to yield
5.10 per cent. Assessed valuation of the
property ot the city Is $475,930 and Its
net bonded Indebtedness is $14,465.14.
Logging Cants Is Clatsop County Be
gin Operations According to the Astoria
Budget the Elliott & Ellwood Logging
company has reopened it camp at
Olney. The Big Creek Logging company
has opened a new camp and the Crown
Willamette company haa put a new
section crew to work. The II. B. U A.
camp at Grays river has also resumed
operations. '
Astoria Bank Enlarges Qsarters The
Scandinavian American bank of Aetoriax
has completed the work . of enlarging
and remodelling its quarters, adding
considerably to its floor space and offer
In added conveniences to its patrons.
The Interior is finished In marble and
mahogany.
$50,000.00
CITY, of VICTORIA, B, C.
SWo BONDS TO YIELD 5
$35,000, Due October 10, 1939 (a) 97.00 and interest
10,000, Due October 10, 1940 (3) 96.93 and interest
5,000, Due October 10, 1942 (S) 96.79 and interest
These bonds are a direct obligation of the City of Victoria and consti
tute a direct charge on all the taxable property within the corporate limits
of the city. v : -:
The City of Victoria, incorporated in 1862, is the Capital of the Province,
of British Columbia and the second largest city in the Province.; The Do
minion Government has just completed a very large concrete breakwater in
the harbor and is now building immense warehouses on the property
The city has always maintained an excellent financial reputation and
we regard these bonds as a very safe and desirable investment.
FREE FROM ALL DOMINION GOVERNMENT TAXATION
LIBERTY BONDS
If yon must soil your Liberty Bonds, sell to us.
If you can buy more Liberty Bonds, buy from us,-
Wo buy and we sell Liberty Bonds at the market. ;"'
YOU CANNOT DO BETTER YOU MAY DO WORSB
On Tuesday, February! 25, tho closing New York prices on United
States Government Liberty Bonds, plus accrued Interest, were as .
- follows: -: '
3Hs 1st 4s 4s 1st 4Vt 2d 4 '4s 2d 4m 4th 4u
99.37 94.49 94.50 96.02 95.37 97.40 95.64
'In purchasing Liberty Bonds wo deduct from above prices S7o
on a $50 Bond and $2.60 on aflOOO Bond. -J
In selling Liberty Bonds wo charge the New York market price,
plus accrued interest.
Burglar and Fire-Proof Safe Deposit Vaults" ,
' Safe Deposit Boxes for Rent
MORRIS BItlOTHERS, Inc.
The Premier Municipal Bond House-
" 309-11 STARK STREET, BETWEEN nFTH AND SIXTH (GROUND FLOOR)
Telephones Broadway 2151 Established Over 25 Years
-I
iiiiiiiiiiiiiimiiiiiiiiiiiiiiitiiiiiiiiinis.
-1