21
NEW SELLING
E
WITH PRICES HELD
WELL ALONG STREET
Talk of Weakness Fails to Matrrlal-:-
le Generally and F. O. h. Buyers
Are orrering From 34e to 37&c a
Dozen' for : Current Receipts Here:
Ett market continue to show sn emtio tone
along the wholesale vtj. ' V. o. b. bids re rn
ini between 8.&37He a dosen with sort tlraa
of taint 3tt S7e a doeen for current receipt
I this time. "
"NotwithttandfM all the talk ot accumulating
" holding ot along tbe street, vsrytbins la
being- cleaned up quite rapidly and ealea are being
mtde generaUy at the quotations printed In The
Journal. .
ConinnnpUon of eag to inereaalns aa the price
of meat is advanced and thto ia no "nail factor
a) the moment In regulating vslue. weceipr ate
not showing the increase that to generally expected
k.t this period of the season wbile the demand
fiom all points ia better. Ina measure thia to
cue to tbe fact that there are practically no cold
stance egg offering in the western country, al
ttjmgh the Chinese-Japaneea eggs are aoroe factor
ir. the trade.
The 'market is expected to ehow an erratic
tons with changing weather conditions.
05I0K HABKKT HOLDIKG STEADY
Market for onion is (bowing a steady ton
with the Confederate . association itill quoting
$4.25 at country shopping point for No, 1 stock.
Moat aales along the street are being made at
$5.00 ia a amali way.
POTATO SALES SLIGHTLY BETTER
Slight Improvement continue in the demand
for potato from outside pninta with further
purchasea at $1.00 1.25 per cental in carload
' 1U at country pointa. Local trade ia practically
unchanged.-.
BOO SAXES MADE AT ADVANCE
Ha lea of country killed bogs are being made
at fractional, advance atone; the atreeC While
'wiortve the rmin tn "top" ia at 22 He a
rfxvxi. aoroe business is abown as high at 23e
in a .small way. Veal ear. ' ,
POULTRY KUPPLIEg VERY SCANT.
bnjiply of poultry along fVont atreet ia W
want and the market U firmer ail around. Sales
of lwvy bona continue at 32e pound generally.
' KxceUent demand shown for all classes of stock.
ALL CADT3IED MILK JTOW WEAKER
All eondensaries hare "seen" the sharp cut in
canned milk prices recently made by the Carna
tion Milk Faoducta company. Market is showing
1 further weakness with supplies beginning to ac
cumulate at conderuariea.
BRIEF NOTES OF PRODUCE TRADE
t'heee market firm for Tillamook offerings,
Country killed beef in excellent demand,
t lairy butter sought at good prices.
' Malmnn nriees firm since closing of the season.
, Hop contracts in demand as high as 3-e a
pound.
CEREAL PRICES ARE REDUCED
'" AfTtara Milling company reports declines of
BOe a barrel in former Mat of rolled oats, ore
ham flour is off 3 pa and whole wheat and rye
flour a similar amount.
WEATHER KOT1CE FOR SHIPPERS
Weather bureau advises: Protoot shlpmenU
during the next 86 hours against the following
- minimum, temperatures: Cleing nortn, z De
cree, northeset over the Spokane, Portland
Seattle railway.' 92 degrees; east taBaker, 80 de-
(reea ami south, to Ashland, 82 degrees. Mini
mum temperature at Portland tomorrow, about
42 degrees.' '""' '
"WHOLESALE PRICES I3T PORTLAND
These are the prices retailers pay wholesale,
except as otherwise noted:
Dairy Product ,
BUTTER - Selling price, box lots, creamery
prints parchment wrapped, extra.' 62e per lb. :
prime firrta. 81c: first. 60c: smaller lots at
advanoe: jobbing prices, cubes, extras, SO W 61c ;
prime first-. 51tc; cartons, la higher.
SUTTEKFAT Portland delivery basis, BOW
68c; price at country stations, 02 0 68a.
. OLKOM A KCJ A U1N K Local brands, SOe and
60s lb.: tuba, 35b; $ lb. carton. 42a; 21b.
. ok t . .. V TK ... a
S3c per lb.
CHEESK Selling price: Tillamook fresh,
Oregon fancy full cream triplets, 32a per lb.;
Young America. 38o lb.; prices to Jobbers,
f. o. b. Tillamook, triplets. SOc; Young America.
3i Hi .iiin nrina. brick. 43e: limburcer. 83
84c: block Swiss. 4647e per lb.: Coca and
;urry price, 1. o. o. Minw roim, Miyvcvi, v,
VtiHn, Amurinl. 8 Or Iwr lb.
tXiUH - Buyms prices, avtail e; seiung
price, 3 8 Vic; candled, 40c per do.
public market retail selling price, Sc
per dosen.
LIVE rOCLTRY Heavy hens. 31 82c lb.;
light hens, 30e per lb.; broilers, 40o par lb.: old
row, ten, 18a lb.: stags, 20c per tb.; squab.
. 83.00; duck. SS40c lb.; pigeons, 1 1.60
2 00 per dozen: turkeys, lire, 80a per lb.:
' dressed, 40c per lb.; geese, lire, 17 20a per lb.
Fresh Vegetable and Fruit
FRESH FRUITS Oranges, 84.75 .00 per
box; bananas, 8V8e per lb.; lemons. (5.00
6.75; Florida grapefruit. $6.00 8.00; Ari-
sona. $3.75 ( 4.25; California, $3.75 4.25.
AI'PLUS Varioua eaiieties. $1.75 94.00 per
vx.
. GRAPES Almtira. in kega, 81 lbs.. $7.00.
PEABS-rPer box. $2.25 2.50.
DRIED FRUITS Dates, Dromedary, ( );
' Fards, ( T per box; raisins, three crown, loose,
Muscatet. 10c lb.; figs, $5.00 per box of 60
- 6-os. packages.
UNIONS- Selling price to retailer : Oregon,
$5.00 per cwt. ; - association selling price, cap
load, 84.0094.25 f. b. country; garlic, 35
60o; green onion, 88 40s per dosen bunebea.
' POTATOES Selling price. $1.50(3' J.75 CU:
' buying price for fancy large aises, $1.25; ordi
. vary, $1.00 per cental; sweets, $4.50 5.00.
VEGETABLES Turnips,- $2.00 per sack;
carrots. $1.75 per sack; beets, $2.28 per sack;
. cabbage, Oregon, 2p per lb.; California, 2k
alKo per lb.; lettuce, 84.25 4.50 per crate;
celery, 81.73 per dozen; artichoke, $1-60
. per dozen : cucumbers. $1.50 2.26 dosen: toma
toes, Mexican, $3.50 lug: egg plant. 20a per lb.
cauliflower, California, $1.50 per dozen; horse
radish, 15c per lb.; beU peppers, 45c per lb.;
. peas, 20c per lb.'
-. Meats and Provision
COUNTRT MEATS SelUng price: Country
killed beat hogs, 22Vk23e; ordinary bogs, 21
22c; best Teal. 22 fe 22 He; ordinary, 21 Vs
& 22c; rough heary, i2e; lamb, 2021c;
'mutton, 14$16e lb.; beef. 0 14e per lb.
, SMOKED MEATS Bam, 84 37c; break
fast bacon, 33 & 51c: picnics, 25c; cottage roll,
33c; Bhort clears. 30ff33e. Oregon exports,
smoked, 80b per lb. ,
LAKD Kettle rrnde.-ed. $13.80 ease; stand
. ard, 28 He per lb.; lard compound, 23 He.
-h - Flan and Shall Fish
FRESH FISH Steelhead salmon, 2324e
lb. ; Chinook; 30c. halibut. , fresh, 24c; black
cod. 11 s12c; ailTcr smelt, 10c; tomcod.
10c; sturgeon, 18 20c; fresh herring. 6&7c;
Columbia amelt, $1.00 1.25 per 50 lb. box.
SHELL FISH Crabs. $2.00 0 8.00 per doa.;
shrimp meat, &2a per IbC t lobeters, SOc per lb.
OYSTKRS--Olympia. gallon. 35.50; canned,
eaatern, 75c ean, f W.OO dozen cans; bulk, 34.50
per gallon. .. . . .
Groceries 1
SUGAR Cube. $10.23; powdered. $10.10;
fruit and berry. $9.55; D Yellow, $8.93; granu
lated, $0.55; beet. $8.43: extra C, $9.15;
: golden O, $9.05.
HONEY New, ( ) per case.
' RICE Japan style. No. 1. 9 14 10c; New
Orleans head, 11 H II c; blua toae, XQ&
lie per lb.
SALT Coarse, half ground, 100. $16 00 per
' ton; 60s. $17.25; table dairy. 0. $22.00;
. bales, $3:168. 35; fancy table and dairy,
v $30.25; lump rock. $25.00 per ton.
- BEANS Oregon (sale by Jobbers) ; Lady
. Washington, TH &tte: pink, T He lb.; Lima.
'11 He; Bayou, ;, red, 8c per lb.; Oregon
'beans (buying price), nominal.
CANNED MILK - Carnation.- $6.10; or
den. $.0u; A'tor, $6.00; Eagle. $.76;
Libby; $6.10;, Yeloban, $5.00; Holly, $6.00;
- Meont Vernon. $6.00; Haselwood. $3.75 ease.
COFFEE Boasted, 28 44e; in asek or
druma.''- 'f
SODA- CRACKERS Bulk. 17e per lb. '
NUTS Budded walnuts. S0H$la per lb.;
,. almonds,; 24 2c; filberts. 28c. in aack lota;
peanuu, .6; peeaas, 25c; Brazil, 83c
MOHAIR Long staple, 80a lb.; ahort staple.
20c: burry. 1016e per lb.
TALLOW AND UREASE No. 1 tallow, 6c:
No. 2, 4c; Sc. grease. 8c; No. 2 gTease, 2c
- CH1TTIM Oil CA8CAKA BARK Gross
''-weights. 13c
Ftopaa. PalirU. .Oil
,fPPJiT:8is''' SOc; white, 25 He to.;
standard Msnila. 34 He.
: UNSEED OIL Iiaw. bbl. $1,98 gajlon;
EGG
MARKET
RRATIC
PLAN ! FOR -WHEAT BEING
Fruit Demand Is
Increasing
Absence' of Liquor . Selling Adds to
the Call for Supplies
B; Hmin H. Cohen
Investigation chows an increasing de
mand for fruit throughout the country
aqd especially in the sections where no
liquors are sold. It has been of times
stated by leading saloon men that when
ever a man wllV at apples he has
no appetite whatever for liquor, and this
theory appears to be confirmed since
prohibition j his taken so many of the
states of the UrUoru "
Not only has the - sale . of apples bean
aided considerably, by the lack of liquor
in the dry i territories, but other fruits
have shown an increasing consumption
as more states have been added to the
dry lisL This, therefore, gtves the fruit
trade hope that when the entire country
is placed 1 on the water - Wagon a
further gain in fruit sales will be made.
H, A. Sevringhaus, general manager of
the Arixona Orange association, con
firms this theory of great fruit sales in
dry territory. Mr. Sevringhaus has been
m the Northwest for some time with
the Idea of furthering the sale of grape
fruit from his state, the first of which
recently entered the Portland territory.
"We have in Arizona at this time 2000
acres in grapefruit and while the in
dustry is still in Its infancy there the
reputation of our state for navel oranges
at holiday - time cannot be surpassed
anywhere In the country.
"Consumption of .grapefruit is grow
ing with leaps, and JiaurulB, especially In
the dry territory. Grapefruit has qui
nine, which tbe system demands. While
our fruit resembles the California grape
fruit in appearance, it is in the tame
class as regards quality as the Florida
stock and because of the fact that we
have an advantage of about $1 in the
freight rate over Florida we expect
naturally to get the business of the Pa
cific Northwest- , .
"Thia year we shipped perhaps 30 cars
of grapefruit from Arizona, but next
year we will have . 75 cars and. in four
years we expect an output of at least
600 cars. Our stock is seedless and for
that reason we expect a further advan
tage Over the Florida offerings. In fact,
even In California, where they raise
huge quantities of grapefruit. Arizona
stock . is given the preference and thab
It; saying much, to those who know the
Native Son spirit of California."
Shippers desiring information regard
ing markets should write the market edi
tor and inclose stamp for reply.
BEND WILL E3f TEB.TAIIT THE
WOOL GROWERS llf STYLE
Bend. March 1 1. An excellent program was
planned by the directors at today's meeting for
Uie second annual Central Oregon Woolgrowers'
convention, at Bend, on March 17. AU wool
grower from California to the Columbia rirer
will be aerev Among the speaker will be K. N
KaTanaugb, United State forest service; N. C.
Jseobaen. forest supervisor at Bend; E. P. Ma
haffey of 'Bend. J. N. Williamson of Prineville.
C , 8. Hudson of the First National Bank of
Bend and Secretary R. A. Ward of the Bend
Commercial club will Dtsrtaln with a dinner in
the evening.
OLD COTTOX CONTRACTS UP
OTHERS HATE ERKATIC TONE
New York, March 11. (L Ni S.) The cot
ton market! had an irregmar epeaiac this morn
ing; On old contracts March was up 53 pointa
and other quotations ware 20 pointa higher to
10 pointa lower. Dealings again consisted largely
of liquidation of old style oootrsjets for transfer
rins' hedges to new styles.
After the oatset the market eased a little, old
crop months selling about 20 point down from
tbe highest on the call arm new crop deliveries
shouV 2 5 points down. ,
After ruling generally steady the market
turned easier near the cUmc under renewed
liquidation and wa finally barely steady at a
net advance of 43 points on March and a net
decline of 10 to 45 points on the other old
contracts while new contracts closed S3 to 37
pointa net; lower.
Furnished by Overbeck & Cooke Co., Board of
Trade building:
January .....
May
July
October
December ....
Open.
Closes.
. .. 2095
. . . 2j305
, .. 2225
. .. S095
. .. 2095
2055
2283
2205
2083
2055
PACIFIC COAST BANK STATEMENT
Portland Bank
Clearings
This Week.
Tear Ago.
Monday
Tuesday
. .$ 4,040.170.33
$ 4.668,176.60
. 5.54S.795.43
6.269,509.93
Spokane Banks
$ 1,049.615.00
294.954.00
Seattle Banks
....3 4,503,156.00
4 . 882.809.00
Taooma Banks
t 913,643.00
314.452.00
Ban Francisco Bank
320.908.181.00
Le Angela Bank
$ 5,885.423.00
Clearings
Balances ,
Clearings
Balances .
Clearing
Balances
Clearings
Clearings
New Tork Bond Market
Furnished by Overbeck A Cooke Co., Board
01 iraae punning.
Atchison Oenl 4s
BaL Ohio Gold 4s.. ...
Beth. Steel Bef. 5a -
Cent. Pacific 1st 4s
C. B.i s Q. Col. 4s.....
8t. Paul Genl. 4 Ha
Chicago N. W. Gent 4s. . .
L. A K. Cnl. 4s........
New York By. 5s
Northern Pac P. L. 4s...
Reading tienl. 4s ...... .
Union Pic. 1st 4a.......
V. 8. ; Steel 5s
Union ! Pae. 1st Bef. 5s . . .
Southern: Pac. Con v. 5. . .
Southern Pae. Con v. 4 s. . .
Penna, Conv. 4 H ...... .
Penna. lat 4
Che. Sc. Ohio Conv. 5. . .
Ore. Short Line 4s.: ...
Bid. Ask.
.824 83
76 77 Vt
0 90
79 794
95
80 81
83H 84
84 Vi 85 U
13 13
83 4 83
84 V 83
85 , 86
100 100
82 88
103 104
83 84
93 97
86 88
83 86
4 86
.j New York-SU Louis Metals
New Terk. March 11. (L N, S.) Lead.'
quiet; East - St. Louia, spot, 35.20 5.36;
March. 35.20 5:30.
Spelter, quiet; East St. Louie, spot, 86.10 0
6.22; March, April, slay and June. 36.12
ee.2a.
- Copper -All dealers report today that thera
is absolutely no demand for the metal. Leading,
producer-are quoting lae per pound delivered,
while the smaller dealers arc : quoting 14 (&.
14C ! . . ' '-
Iron Pittsburg Bessemer. 833.60 bid.
St. Louis. March 11. (L N. S.) Lead,
quiet. 85.15. , Spelter, quiet, 36.20. ,
I
' Money and Exchange
New York. March 11. (1. Ji. 8.) CaB
money on the floo of the fJew York Stock
exchange! today ruled at 5 per cent; high 4
per cent, low 5 per cent. Time money wd
?:uiet. i Rates were 5 per cent. The market
or prime mercantile paper was dolL Call money
in, London today waa 3 per sent. Sterling ex
change was strong with business in bankers' bills
at 34.78 for demand; 34.73 for 60 day
bills and 4.T1 for OOrday bills? . .
;-",'"' )- " " - ' " 1 'S '? '''.;
Chicago Dairy Prodaee '
Chicago, March 11. (L N. 8.) Butter
Receipts 5887 tuba. Creamery extra, 58c:
firsts, &7c; packing stock 80 638c
Eggs Receipts 8876 eases. Current" r.
c-tu 87 & 88c; ordinary 1 firsts. 87 V4
37T firsts. 88 88 e; extra. 43 44 e(
i LlTerpooI ' Cottoa Market
Liverpool, March .11, T.:: N. S.) CoUoa
future opened quiet today. Spot cotton was
quiet today, price steady - Sale for th day
1VUV
kttle polled, bbl... 81.93; raw, ease. 31.95;
bailed, ease. 82.08 per gallon.
COAL OIL Water white, in drams or iron
DDIs., lie per gallon; cases, 2le per gallon.
GASOLINE Iron bbls.. 22 c; ease. 32 ;
engine distillate, iron bbl, 14e; ease. 24c
WHITE LEAD Ton lots. 13 c; SOO lbs..
TURPENTIXITajUu.;. BOe; ease, 96e; 10
case lot J e let. -;
WIKJg .NA4LJJ Basic price, ;f 3.40. -
GRAIN CORPORATION
ESTABLISHES A NEW
PLAN WHEAT SALES
Will, After March 13, Inaugurate a
Different- System for Disposing - of
I Supplies Houscr Advises Trade of
the New Arrangement. "
NORTHWEST GRAI.V RECEIPTS
Car
Wheat. Barley. Floor. Oats. Hay.
Portland, Tuea. , .
2 11
xea.r ago. ...
8 .... 18 3
921 2020 607 2707
289 74 1150 1707
season to date... 6504
Year aso. .3647
T acorn. Mon:.. 12
1 ear ago.. . . . ... y
Season to date,. ,4844
Year ago. 4004
Seattle, lion..... 26
Year ago....... ...
Season to date. ...4866
Year ago. .... ..3725
31 ...
75 ...
"5
7 1018
260 1321
137 143
222 13&
... 6
1 . 6
511 2275
943 2660
A new policy of wheateRlnc ha been inau
gurated by the food administration drain corpor
ation. . Commencing March 15, advises Mas H.
Houaer, zonal agent of the grain corporation, and
daily thereafter to the extent of the unsold hold
ings of the grain corporation of any particular
variety of wheat at any point at which tbe grain
corporation maintains stocks the grain corporation
will resell wheat to miller or agents ot millets
for bona fids milling.
The vice presidenta will require in their judg
ment auch evidence or assurance that the pur
chase are made for actual milling and to actual
millers, or proper assurance that purchases made
by distributor in anticipation of actual milling
sale will be of lueh limitations and under such
conditions as are approved by the vice president,
Basis will be X4e over arain co mo ration bur-
ins scale In effect at that point for wheat put
1. o. o. in March, adding le per bushel for each
10 days or part thereof until actually loaded.
No contracts will be considered that contem
plate delivery beyond April 13, except at Lake
ports, where contracts will be made at 1 7c over
for delivery f. o. b. vessel within IS day after
the opening of navigation.
Buyer must assume all risk of delay is putting
f. o, b., and if for any reason f. o. b. deliveries
not made within a given period of time the higher
scaie for later delivery will be applied according
to date of actual loading. At certain points be
cause of peculiar local conditions buyers may
take delivery in store elevators, but this will be
a matter of special stipulation hi each ease and
arranged in tbe discretion of tbe vice president in
charge at that point.
When any particular class or variety has been
stipulated: by the miller in his application, the
grain corporation reserves tbe right to deliver No.
1, No. 2 or No. 3 grades of that class or va
riety at the market differences.
At certain points there are stocks of sample
wheat of particular varieties which will be sold
at their relative value, but thia will b arranged
only by special negotiation with the vice presi
dent in charge. In th case of sample wheat ac
ceptance or rejection must be provided by buyer's
representative as wheat is placed f. o. b. point ef
ahipment, and proviaion will be made by the
vice president in charge for arriving with 'the
buyer at a fair ref lectio of any variation in
quality, 4 . r
Mills may present their request for wheat at
any office of grain corporation controlling- points
of supply from which the mill deetre to draw re
gardless as to whether that office is the general
office of the cone in which the mill is actually
located.
..Grain corporation win retain any benefit of
transit rates, it being understood mills will pur
chase on expectation such purchases costing basis
of local or reshipping rate from point of supply.
Loading orders must be given with the pur
chase, or immediately on request of the vice
piesident.
Official certificate of weight and grades a
loaded out final.
It i the intention to continue aales after
March 15 on this basis as long as suitable unsold
stocks are available, but the grain, corporation re
serve the right to terminate at any time, with
out notice its offerings of resale. Should re
quests filed by the buyers on March 13 exceed
the total amount available In any particular
variety or position the vice president in charge
will allocate among the different buyers in his
judgment, taking into consideration auch factors
as past milling records and the local conditions
affecting the milling ot any prospective buyer.
Payment must be arranged in such manner at
ta pay cash for this wheat when put f. o. b. out
going car. or vessel, and tbe grain corporation
reserves the right to be assured of such payment
before making actaal loadings.
FLOUR r Selling priees: Patent, 310.80;
family wheat flour. 810.75; barley flour,
810.70; Witlame valley, 810.60: local
straight, 810.70; bakers local, 810.70 910.90;
Montana spring wheat patent, HO. 85 ; rye flour,
811.50: oat flour. 310.00: Price for city de
livery in five barrel lota.
HAY Buying; prices : , Willamette timothy.
Hncy, ) ; Eastern Oregon-Washington fancy
timothy, 831.00 32.00; alfalfa. 525.00: Tal
ler nrtrh. 2ftfMr i-hear. I i: itna QflA-
iover, 826.00 27. 00; grain, 826.00 per eon.
GRAIN SACKS Normal. New crop-delivery
No. 1 Calcutta, 14 15c in oar lot;, less
uuounta, higher.
MILLSTUFF8 Mixed run, at mills, sacked,
$40.00 m 42.00.
ROLLED OATS Per barrel. 39.30$ 10.00.
- ROLLED BARLEY Per ton. 352 ft 68.
CORN Whole. 367.00 g 68.50; cracked,
369 00 70.00 per ton.
Merchants exchange bids: '
FEED OATS
March.
No. 2 white
BARLEY
reed . . 4550
"A" 4600
. Eastern oats and corn in bulk :
OAT
No. 3 white .
White 88 pound clipped. . 4550
CORN
No. 3 yeUow 5600
No. 3 mixed 5500
April. May.
4550
4650
4500
4600
4550 4550
6600
5500
5650
5500
DAIRY PBODTJCE OF THE COAST
San Francis Market
San Francisco; March 11. (U.
ter Extras. 69c
P.) Bub-
Eggs Extras. 40c; extra pullets, 3 7 c
Cheese California flats, fancy. 31 a.
Seattle Market
Seattle. March 11. (U. P.) Butter Local
city creamery bricks, in cartons, 63 64c; do
parchment wrapped, 6Se; do eubes. 62c.
Eggs Fancy rancbi 43 & 44c ; pullets, 40
4lc
Cheese Washington triplets, 32 34c: do
Young America, 3 g 35c; Oregon triplets, 32 (g
34c; do Young- America 34 & 85c
Los Angeles Market
Los Ahgeles, March 11. (L N. S.) Butter
California extras, 68c
Eggs Freeh extra, 37c; case count. 88c: pul
lets, 84e. ,
POTATOES ALL ALONG THE COAST
San Fransiaco Market
San Franciaoo, March. 11. (U. P.) Pota
toes Per cental, - Delta stock, choice to fancy.
31.65 2.00. ; f !
Onions Per cental, Australian browns, fancy
cold storage, 34.00 4.50. . :
Los Angeles Market . -:
Los Angeles, March 11. -L N. S.)- Potatoes
Stockton Burbanks, extra fancy, 32.60 2. 65;
fancy. 82.35 2.50; choice, $2.10; Idaho Rus
sett, fair, 81. 90; Rural. 31.65 &L75: Oregon
seed atock. White and Red Rose, sacked. 82.85
3.00; home grown White Roae, 82.75 ft 3.00.
: Seattle Market
Seattle, March 11. a S ) Onions Per
pound, .4c
Potatoes Yakhna. 830.00 2.00: local,
825.00 25.00 per ton.
Broomhall Crop Report
- Broomhall cabled: Australia Further rains
have improved crop conditions and prospects are
now much more favorable. This moisture should
be very helpful in putting the land in good con
dition for plowing. It is believed, however, that
prorpecta for a big area or high average yield
next season are decidedly unpromising, owing to
the lack of fallow. It ha been announced the
Commonwealth wiH ship 4. 800,000 bushels of the
Bntjsh owned wheat to India. Further small lots
have been sold to Sweden at 5a 9d per bushel and
to Britain at 6a 2d per bushel f. o. b.
Argentina Heavy rains base fallen and these
have benefited corn considerably. Labor condi
tions era still in an unsettled staU. Porta re
main congested with loading on a small aeale.
Large atoeks of old wheat are still available and
U-eee quantities together with the exportable aar
plu from th new harvest will give an available
supply of approximately 230.OOO.0OO btuhel.
4 More Aaatrallaa Wkeat ,
Kan Francisco, March 11. The French bark
Buff on haa arrived with 8160 ton f Australian
wheat. ... , i
Hesdaa Fly In Wheat v '
- Chicane. March 11 Seattered report of Hev
sian fly have been received frora the winter
wheat brjtt. . .
, PUT INTO EFFECT riS-
BUTTER MARKET NOV
OUT OF LINE HERE
AND CHANGE IS DUE
Either Prints Are Too Low or the
Cubes Too Iligh, and Values Must
Become More in Line With Normal
Conditions Supply ? Has Surplus.
A liberal shipment ot creamery butter
from Manitoba waa reported In by the
local trade, this being- the initial ship
ment from there. It was received by a
local butter company and weakened the
market.
Weakness is showing in the market for butter
but the pressure has not yet become severe
enough to force any lowering of print price
here.
While an easier tone and a slightly lower price
is being named for cubes with sales at 60 61e
a pound for extras, the difference between cube
and prints is still too slight for an established
trade.
Handler of butter admit that the situation is
sj: wtob. They say that either, the price of
print should advanoe or the price of cubes go
to a basis where it can be cut into print at a
orofit-
General idea of the trade i that no advance
can possibly be made safely m print prices at this
time for in fact the market is weaker and the
ot.tput of home butter at this time is aaghtly
mors than sufficient to, take care. of all demand.
In fact a (light surplus of print is showing at
the moment. ' -.. '
Since th recent advance in the price of but
ter there has been a material decrease in the
demand; practically all offwbieh w absorbed
4y the makers of oleomargarine. .
Sharp RiseForcecU
In Corn; Advance
Is Made in Oats
B Joeeoh F. Pritchard.
Chicago, March 11. (L N. .) Corn waa
quit unsettled during the latter half of the ses
sion. The sales of March were between 81.42
1.44. with closing at 8 14 8. which was c
lower for the day. May sold at 81.33 &
1.37, and closed at 31.86 9 1.37 m dif
ferent parts of the pit. The closing yesterday
wss 51.35. July ranged 31.28 9 1.31
closina at 31.31. "A 1.31 . compared with a
restlne soot of 81.294461.29.
Oata closed higher for the nearby
months.- but unchanged tor the deferred. Hog
products were up sharply.
Chicago. March 11. (I. N. 8.) Corn apened
todav U to 1 e higher on scattered commission
house buying, inspired br the strength in tbe hog
market. Leading local professionals in corw who
sold out long lines en the advance yesterday are
said to be waiting a break in order to reinstate
their lines. One prominent local trader predicted
Mav would touch 81.40 before it goes to i.3.
Oats opened c up. There was ome
bovine at the start by a local commission house,
but locals and cash bouses supplied tbe demand
and the market had a setback. The volume of
business was moderate.
Provisions opened at maximum gains for the
day on short covering, inspired by the advance in
hog prices.
t Chicago range furnished by United Presa:
CORN
144 144 143
136 137 133
129 131 128
OATS
61 61 61
63 63 62
83 63 62
PORK
4500 4500 4475
LARD
2647 2647 2687
BIBS
2477 2477 2470
March ..
May . . .
July . . .
March . .
May .. .
July . . ,
3rfftf a
May ...
61
63
68
4500
271 2
2647
July . . .
"V'
May
2477
AMERICAN . LIVESTOCK PRICES
Ohica Megs S19.8S
Chicago. March 11. L N. 8.) Hogs Re
ceipts 30,000, higher. Bulk, 319.00 19.30;
top, 3L9.85; butcher hogs, heavy, 319.25
19.35; packing hogs, heavy. 318 00 16.65;
medium and mixed. 818.75 19.10; tight,
818.75A19.25; pigs, 317.00 18.35: roughs.
317.25 18.00.
Cattle Receipts 1 1,000, steady. ' Beef cattle,
good choice, 816.50 20.00; medium and com
mon, 310.50 S 16.50; butcher stock, heifers.
37. 5Q 15.50; cows. 37.00 15.00; canners
and Sutter. S5.5O0 7.OO; stockers and feeders,
good choice, 81.1.00 $ 1 5.00; common and me
dium, 88.25 & 11.00; veal calTes, good choice.
817.25 m 17.75.
Sheep Receipts 11.000, steady. Shorn lambs,
choice and prime, 819.50 19.75: medium- and
good, 31 8.25 c 19.50; spring lambs, good choice,
S18.00fel8.25j ewes, choice prime. 813.75
14.00; medium and good. 311.00013.73.
Omaha Hogs 818.40
Oraahs. March 11. (L N. 8.) Hog Re
ceipts 18,000, higher. Top. $18.40: range.
$17.20 18.40: mixed, 818.00 618.20: good
choice, 818.20018.40; rough, 818.00 18.10;
hcht, 317.20 17.90; bulk. $18.00 s 18.23;
pigs. $12.00 16.00.
Cattle Receipt 9000. steady. Beeves. $18.75
18.75; cows and heifers, $5.50 15.00; stock
era and feeders, $7.00 15.75; calves, $8,009
13.50.
Sheep Receipts 12,000, steady. Wethers,
$13.00 14.50; yearlings, $16.50 17.00;
lambs. $18.35 19-00: ewe. $12.00 13 00.
Seattle Hog SI 8.00
Seattle, March 11. (L N. S.) Hoc Re
ceipts. 201. higher; prime lights, $17.78
18.00: medium to choice, $17.50 17.65 ;
rough heavies, $15.50 16.10; pigs, $15.60
017.10.
Cattle Receipta, 163, steady; best steers,
$11.50914.00: medium to choice, $10.50 &
11.00; common to good, $7.00 10.00; best
cows, $8.00 11.00; common to good cows,
85.00 7.50; bulla. $6.00 9.00; calves. $7 00
12.00.
Sheep Receipta, none.
Kansas City Hog $18.90 l
Kansas City. March 11. (L N. S.) Cat
tle Receipts, 9000; slow and steady. Steers.
$13.00 16.50; cows and heifers, $6.00
13.00; stockers and feeders, 37.00 14.00;
calves, 88.00 14.00.
Hoes Receipta. 10.000; 25o to 35c higher.
Tops, 318.90; bulk. $18.60 18.65; heavies.
$18.5018.90; mediums, $18.35 18,75;
light. 318.00 18.56.
Sheep Receipts, 11.000; steady to strong.
Lambs. $18.30 19.15 ; ewes. $12.50 13.50;
wethers, $13.50 & 14-50 ; yearling, 314-50
Denver Hog fls.CB '
Denver, March 11. U. P.) Cattl Re
ceipt 2000, steady; (teers. 314.60 015.25;
cows and heifers. $8.50 911.50: stockers and
feeders. 312.50 0 14.50; calTes. 313.50 15.25.
Hogs Receipta. 2000. market - higher; tops.
$18.25; bulk, $17.75 18.00.
Sheep Receipts 3000; market steady;
lambs, $16.75 018.25; ewes. $11.78 012.00.
Yakima Hop Contracts
Yakima, March 11. Hop contracts made thia
spring, many of them covering the crop for the
next three years, will make tbe Yakima hop crop
a feature for the next three year at least. Rob
ert Uvesley, who claims to have two thirds of
the available acreage under contract, haa signed
up for a total of 2886 pounds at prices ranging
from 20c to 27c per pound. Ha will pay Takli&a
growers on these contracts $237,060 in 1919
and $285,800 for each of the other years. Thia
boost ia the market baa re rived the industry,' and
put men to Work rehabilitating yards partially
pulled out following the failure to harvest th
greater portion of last year'a crop because th
bank would not advanoe money for that pur
pose. Many yards, however, were pulled and th
hop root plowed out, . cutting the acreage ia
tbe valley by aercrai thousand acre.
I
San Francisco May Barley
- San Franrisco. Slarch 11 May barley sold
at 82 00; Monday 81.93 bid.
LIBERTY BOND SALES
Liberty bonds, official clesiBg price. New Terk:
Tue. . .
Wed. ..
Thu.
Fri.
Sat. .2.
Mon. . .
98o6104209850j9458i9XftO!
9882!9400I9350!94 90193921
9518
9524
9524
3.132
939l
04OO
9400
9406
9890!940093509490932
9K62I440!930S9460;9402
9530
9518
19404
9864194401 9 3 6 2 1 9 4 5 1 9 8 8 8
9400
SPRING LAMBS ARE
SOUGHT, BUT NONE
ARE BEING OFFERED
Killers Offer to Contract as High as
25e a Pound, Compared With 20e a
Vear Abo Cows Are ; Firm, but
Steers Weak Hofjs Rise 25c
Tope
Hers. Steere. Lambs.
Chicago .....
,...19.3&
$20.00
319.75
, 19.00
1 18.85
19.15
.16.50
Omaha .....
.... 18.40
.... 18.25
.... 18.90
.... 17.75
18.75
15.25
16.60
14.00
Ienver
Kansas City
Portland . . .
PORTLAND LIVESTOCK RUN
Hog. Cattle. Carre. Bheep.
Tuesday ......... 50 - . 98
Week ago ....... 885 28
Two week ago. ,. . 289 108
55
Four week ago... 1T4 67
Year ago 154 144
Two yean ago. .. . 863 106
8
1849
Three year ago... 623 291
Four year ago.. . . 1!s 72
Killers are becoming somewhat alarmed over
tLeir inability to secure contract on supplies of
spring lamb for early delivery. While a high
a.; 2 So a pound haa been offered tor contracts on
first arrivals of sm-inar lamb, none have been
purchased or offered. - Owing to the fact that
the season is somewhat earlier than year ago
killer have been trying to Una up their early
lamb reouireraenta but no success naa Been maae.
A year ago the first arrival of spring lamb at
North Portland were on April 12 and ale were
made at 20c a pound. That waa the extreme
price for the season and values remained at that
point until May 7 when they dropped to 818.50
and later in the month to 817.00 per hundred
pounds.
Demand fa good and urgent all through the
sheen and lamb trade at North Portland. LamM,
which are now practically yearlings, are quoted
at a further advanoe of SOe at 316.60, wuue
there has been an upward reviaal of all mutton
prices.
General 8hsep Range,
General sheen rsnse:
Prim lamb 315.50 18.50
Fair to medium la in ha 1 S.ftO 1 4.B0
YearMnes 11,00 013.00
Wether 9.O0 10.00
Ewes 6.50 10.50
Swing Market Is Firmer
With sale at 817.75 for top, the market for
hots at North Portland showed an advance of
25c durins the first two days ot ine wee, ne-
eeiptsiovcr nicht were scant and consisted entire
ly of local offerings.
General bog market range:
Prime mixed
Medium .mixed t.
Rough heavies
Pig ....... ;
Bulk ....
. 81 7.50 17.75
, . 17.25M.50
, . 15. 50 16 50
.. 15.0016.00
, . 17.5017.90
. Oew Market I firmest
Market for eowa continues to (how real strength
at North Portland and price are held firm at
extreme value. Similar condition is shoping in
th tmila for hulls.
Steer have been indicating a slightly eaiier
fxlinir for sntne davs and value are slightly low-
ered in the general price range. Only nominal
supplies came forward over night.
flnTal ctil. ranee :
Best steers 318.00(9 14.00
Good to choice steers
Medium to good steer
Fair to good steers
Common to fair uteer
Choice eowa and heifers.
Good to choice cows nd heifers..
Medium to good eowa and heifer.
Fair to medium cows and. heifer .
Canner ,
Bum -
Calves
Stoekera, and feeders
11. 5012.50
10.5O$11.5O
0.50 10.50
8.50(9 0.50
in.AAAia.on
o.ooiasio.BO
7.50 9.00
6.00 7.00
B.B0C 5.00
6.00 10.00
9.50(8)14.00
7.00910.00
Tuesday Livestock Shipper
Sheep Klamath Packing company. Klamath,
2 'Mixed Stuff Zellsrh A Reynold, of Parker,
1 load of cattle and sheep.
Monday Afternoon Sale
STEERS
No.
Ave. It".
. . . 630
. . . 927
., .1108
. . .1001
Priee. I No- Ave. lfci Price.
1 . .
7. .
25. .
27. .
16. .
8. .
25. .
1. .
6..
80. .
13..
23. .
7,.
43. .
$ 6.50
10.50
12.60
13.65
IS.
735 8 9.00
26..,
.1113- 13.33
,1097 13.60
COWS
. . 994 $ 9.75 I 8..
,.1122 11.50 6..
, . 847 10.00 22.,
, 1040 6.75 26..
. . 880 8.00 27..
. . 841 8.50 28..
,.1020 11.25. 18..
MIXED
, . 982 $10.35
CALVES
, . 200 $14.00 I 13. .
, . 170 13.25 I
' BULLS
. .1870 $ 8.50 1. .
900 $ 7.50
808 6.50
827
9.00
12.00
T.10
10.75
S3
.1246
.1026
.1090
. 745
210 $14.80
.1440 $ 8.00
. 175 $17.85
. 230 17-25
. 143 15.60
. 198 15.60
. 80 $16.50
HOGS
. 189 817.00 91
. 167 17.50 23
, . 205 17.00 I 13
, . 289 15.75 30
' LAMBS
,. 38 $14.76 18
:- Tuesday Morn Ine Sal
124.
94.
2.
20.
10.
STEERS
No. Av. lb. Price. 1 No. A v. lb.
2 935 "$12.00 14 800
COWS
1. . . .1060 $ 9.00 26 713
5 1068 $10.00 ' 2, ...1050
1 1110 8.00 8 1071
8.... 860 6.60 10.... 987
BULLS
2 1390 $ 8.60 2 1175
HOGS
192.... 213 $17.75 12$ 208
111..,. 208 17.25 121 198
15.:.. 160 17 00 48.... 163
27.... 205 16.28 65.... 175
2.... 415 16.75 20 . 136
6 893 15.50 2.... 455
12 115 16.00
Price.
$ 7.00
12.00
, 10.60
4.83
$ 8.25
17.60
17.18
17.30
15.73
16.50
, YEARLING WETHERS
99 312 50 I
357.
8aa Fraaclsco Grata Market
San Fianciseo, March 11. U. P.) Caab
grain:
Oats Red feed, $2.00 2.15; do seed, $2.60
02.75; do recleaned, $3.00 8.10.
Barley No. 1 feed. $1.87 1.92; do hip
ping. $1.95 9 2.05.
Santos Coffee .Higher
-.New York. March IL U. P.) Santo
future closed unchanged to 25 re is hicher.
Sew Tork Sagar and Coffee
New Tork, March 11. (U. P.) Coffee
Spot. Nov 7 Bio, I5ej No. 4 Santo. 21 c
Sugar Centrifugal, $7.28.
Stocks, Bends, Cotton, Grata. Ete. "
S1C-S17 Beard of Trade. Bsilding
Overbeck&CookeCbe
DIRECT PWVAT1? WIRES
TO ALL EXCHANGES
Members Chicago Board of Trade
Correspondents of Logaa M "Bryan
. Chicago . 0 ... Jtrw fork -
lnlaaMmMMnllMM8M6vS
CLARKi KENDALL S CO.
.. COVtRNMlTC MUNICIPAL AND CORPOfUTION BONDS
" SCCONO FLOOR NOIIThWCSTCajl SANK BU1101N&
, P0RTUAN0. 0RC6ON , . " ,
"" ' ' " . - ' "'" -
Municipal Bonds for Investment,
; Secured by General Tax Lien on Well
Established OREGON Communities.
To Yield the Investor 6 Per Cent Net -
V EXEMPT TBOar .ALL FEDERAL TSC03TE TAXES
CALL OK r&ITE FOB DETAILS
wiBiisiiwiHiswwsjssiiisisiiaiiwsi'niiwiiiHwissswiiisissniwwiii
JajU
Surprise Strength. .
.After Unsettled
Tone at Opening
. 4.ATK TWA OK STBOrlO -New
Terk. March IL M. S.) The stock
market we extremety gtrwefl hi the late dentins,
with all the active Issues mevlns trem 1 8
liru. Thar was aermu buying ef Steel een
mew, grfcleh moved tt high far the year
S SS. end similar upturns were made la the
ether steel industrial. - .
Many ot th specialties etWaeM Into new high
grwune. United Cigar Store touching 18S'4.
StMl mmw we finally 97, Baldwin Lm
tree 87. Marine preferred 107V. St. faul.
1 03 V. Reading S, Anaconda SI Vi, Indus
trial Alcohol 11V. Mealeae PVblum 1 89 V ,
ana eenerel motors 16. g) . ;
New Tori. March IL L N. S.) Th atock
market at the opening today waa Irregular, all
through the first 1$ minute, with leading stock
euually divided in changes during that time.
Some atock (old off from fraction to 1 point.
while other were bid up sharply. . Tbe steel
stocks became generally firm after the initial trad
ing, Bethlehem Steel B attracting attention and
advancing to 71 while Baldwin sained I
point to 88U. U. S. Steel yielded at the
start to 95, and then rose to 96. Great
Northern Ore waa another strong feature, ad
vancing to 42. Maria preferred declined
1 H to 103 . with a rally to 100. and. American
International dropped 7k to 67. General Motors
declined to 167 H. Royal Dutch yielded over 1
point to 93 H . while Mexican Petroleum ad
vanced' Lfc to 188 M. Distiller row to
24.-
At the end of the tint IS minute th hip
ping stock rallied, Ameriosa International touch
ing 68.
The tone waa generally firm in the forenoon,
and th market ahowed surprising strength, con
sidering the varioua unsettling developments. U,
S. Steel, after dropping to 95. rose to 96 H.
and the other steel moved in the same way. -Tbe
railroad stock were strong, Southern Pa
cific moving; ue to above 103. There waa good
buying of Great Northern Ore, which advanced
1 to 43.
Furniahed by Overbeck Cook Co., Board
of Trade building: Opn. Close.
Alaska Gold ....... 8 4
Allis Chalmers, c , ' 85 H 34
American AgV. Chemical 105 14 106 H
American Beet Sugar ........ 74 Vi 744
American Can, c 48 , 47 i
American Car Foundry, e. . . . . 93 V 934
American Cotton Oil, c . 45 45
American Unseed, c ........ 47
American Locomotive, o . . . ... 87 67 H
America a Smelter, e 70 H 70
American Sumatra Tobacco.... 116 116
American Sugar, e ... 119 119
American Tel. A TeL 107 107
American Woolen, c 05 66
Anaconda Mining Co. ... 62 62
Atchison, c 98 03
Atlantic. Gulf AW. I. 107 108
Baldwin Locomotive, c. 87 87
Baltimore As Ohio. e. 48 40
Bethlehem Steel "B" 70 70
Brooklyn Rapid Transit ..... . 24 24
Butte 4b Kuperior 19 19
California Petroleum, c . "27 27
Canadian Pacific 103 164
Central Leather, o 67 68
Chesapeake A Ohio , . 69 59
Chicago. Milwaukee ec St. P.. 87 89
Chicago A N.. W.. c . . 96 97
Chile Copper 18 18
Cliino Coiper -84 34
Colorado F. A L. c. ....... . 41 .....
Corn Products, e. . . , 48 48
Crucible Steel, e . , 66 67
Cuban Cane Sugar 28 - 23
Denver A Rio Grande, c... . ..... 4
Distillers . . 62 63
Erie, c 17 17
General Elertric 155 154
General Motors ., 188 159
Goodrich Rubber , 68 . . . . .
Great Northern Ore Lands... 42 43
Great Northern, pfd 04 94
Uraene Can 44 43
Hide A Leather, e 19 ."19
Ice Securities ............. 47 ......
Illinois Central 98 98
Industrial Alcohol 118 122
Inspiration 47- 47
Int. Mer. Marine 24 . 24
do pfd , 106 107
Int. Nickel 25 25
Kennecott Copper ...A 31 80
Lackawanna Steel 70 70
Lehigh Valley 63 85
Maxwell Motors, c 86 - 86
Mexican Petroleum 187 189
Miami Copper, 24 23
Midrale Steel . 48 46
Missouri Pacific ........... 24 25
National Lead 68 69
Nevada- Consolidated 16 16
New Haven 32 83
New York Central 76 76
Norfolk A Western, e.
ortbrn Pacific ......
Ohio Cities Gas.
Pennsylvania. Railway , . .
Pressed Steel Car. o. . . .
Ray Com. Copper .....
Railway Steel Springs . .
Beading, e.
Republic Iron A Reel, c
Rock Island; ...........
Bears, Roebuck A Co...,
Shattuck . . .
Studebaker. c. ........
Southern Pacific .
Southern Railway, c . . . ,
Swift A Co
Texas Oil
Tobacco Product . ,
union raoUic. c ......... .
United Cigar Stores. ,
United State Rubber, c...
United State Steel, e. . ...
United State Steel, pfd...
Utah Copper
Virginia Chemical; e ..... .
W. V. Telegraph
iVeKtinghouse Electric ......
Willy Overland.
vVool worth
' Foreign Bead Market
.Furnished by Overbeck A Cooke. 217 Boars
i xraoa puuuing:
Bid.
97
190
98
99
ISO
100
101-
ill
99
98
91
96
98
95
97
105
Ask.
97
100
98
99
10
100
101
AO
132
99
98
97
7
99
97
98
103
k. r, 5 Oct. 1920. .. .
V. K. 5. Nov. 1019 .
U. K. 5( Nor. 1921 ,
A. F. Sec 5 Aug. 1919.
Rep. France 6s 1931 ..
Paris 6a Oct. 1921
Marseilles 6 Nov. 1919
Russia ExtBi B 1921
Russian Intt. S 1920
Dom. 6 Aug. 191
Don. 6 Apr. 1921
Dom. 6 Apr. 1931 ...
Dom. 5 Apr. 1926 . . .
Argentine 6 May 1920
China 6a 1919 .......
Dom. Canada 6a 1937 .
French 6s 1919 . . . .
the Mew Yerfe market
Liberty Bonds
All issues
Sea sis if proa wish to hvj
See, us if you must seD
Freeman
Smith
CAMP
g
-' sssdssb rvocet
Mam MS -
Finance, Industry
and Enterprise
Lost or Destroyed Liberty Boadt The
many advantages of ownership of ret
lat ered United States government bonds
In raeference - to coupon bonds wiU
doubtless lead to the transfer of mll
liona of dollars worth of coupon bonds
for registered bonds during the next few
months. .There l no authority under
existing - law empowering the treaaury
department to Issue duplicates of United
States coupon bonds which have been
tost or stolen, or to redeem auch bonds.
Coupon bonds defaced or partially de
stroyed may be surrendered for dupli
cate hpnda upon presentation of ac
ceptable proof of good 'faith on the part
of the owner together with a bond of
double the amount of the bond and
Interest thereon to date of maturity.
Duplicates of lost, stolen or destroyed
registered bonds will be-issued by the
treasury department upon presentation
of proof of loss and filing of a bond
equal to the amount ot the bond and
interest to maturity.
Sals of Improvemrnt Bonds Sealed
bids will be received until p. m.. March
17. by J. R. TurnbuIL city clerk of the
city of Lewi ton, Idaho, for tbe purchase
of $24,000 more or less of special im
provement bonds of Improvement dis
trict No. 11, city of Lewlston. The
bonds will be in denominations of $500,
dated May 15, 1919. and maturing serial
ly over a period of nine years.
Frepsrlng for Victory Drive E. O.
Edmunds, office man ace r of the state
Victory loan organisation, left Monday
nignt ror juamath falls to confer with
workers in the four Liberty loan cam
paigns relative to th coming campaign.
Pass Cempaay ef Salem Keorgaalslag
IL S. Oile, president of the Pheasant
Northwest Products company of Salem,
announces drastic changes in the policies
of this company. The concern Is known
all ever the country as manufacturers!
of loganberry juices nationally adver
tised aa Phex. Loju and Appliu. The
company Is being reorganised and will
be recapitalised at $1,600,000 to take
care of enormous expansion In business.
The volume transacted In 1918 waa over
$1,300,000, an Increase of more thart100
per cent over that of 1917. The new
organisation which plans to extend and
enlarge the operations will be known
as the Phex Company of Oregon. Sev
eral hundred thousand dollars of pre
ferred stock will be offered to Investors.
INVEST for LIFE'
BUY MUNICIPAL BONDS
-" : v.. '
For the man who wants to get ahead In the world, and at
the same time lay aside his savin rs so he may enjoy the fruits,
of his labor during the coming years, there Isn't a better, surer, y
or safer way than to invent every cent he possibly can In
Municipal Bonds
It Is the Impulse of most men to want to speculate. They
think that fortunes are made over night by putting their money
into some big promotion proposition. Occasionally fortunes
are made that way, but usually a man loses all he puts In.
"V To INVEST for life Is one thing; to speculate for fortune Is
another.-"" : - - .
Investing your money In MUNICIPAL BONDS such as offered
'by Morris Brothers. Inc., means that you are building for the
eventual "rainy" day which comes in every man's life.;
To work and save is a blessing; to invest in MUNICIPAL
BONDS in foresight. -
ASK ABOUT OUR" PARTIAL PAYMENT PLAN
SAFE DEPOSIT BOXES
Our f Ira and burglar-proof safe deposit vaults are
the last word In vault construction. Keep your
valuable papers In one of our Safe Deposit Boxes.
I J ,
Liberty Bonds
1 . - -
Tf you must sell your Liberty Bonds, sell' to us.
If you can buy more Liberty Bonds, buy from us. ' ,
. . We buy and we sell Liberty Bonds at the market.
TOD CAIt50TD0 BETTEB TOU MAT PO WORSE
We are today paying the following prices for United States Gov
ernment Bonds, which are the opening New York prices, plus the
accrued Interest:
3tt lKtJs 4s lt i4( 2liHl . 14H 4th 48
99.41 95.89 - 95.00 95.03 96.18 U7.K5 05.67
In purchasing Liberty Bonds we deduct from the above price
S7c on a $50 Bond and $2.50 on a $L000 Bond. -
In' selling Liberty Bonds we charge the , New Tork market
pflce plua the accrued lnteresL
( Burglar and Fire-Proof Safe Deposit Vaults
SAFE DEBOSIT BOXES FOR RENT
Morris Brothers, Inc.
THE PREMIER MUNICIPAL BONO HOUSE
Established Over U Years
S09.SU STABK ST BET. tTK AJf D $TH, (GH0UXD FLOOR)
Telephoae Broadway tltl
New' York,, Chicago & St Louis Railroad
1 (Tbe Nickel PJate)
Second and Improvement Gold 6 Bonds
Due May, 1931
:Vi .'.'?;.y;:;::.: ,s .-;i...f", : : , 4 -: "- , - - ' - . - . '
Net earnings fiscal year ended December, 1918
Three times interest charges I
Price 94 and Interest to Yield 6
"i Details on Applicstioa
UUMBERMENS TRUST COMPANV
""oiNcT8, CAMTL AND
The new company. In addition to its
fruit Juice buslnees, plans to enter the
jam. Jelly and preserved fruit business
and haa erected a Urge factory m
Salem for this purpose.
January Import and Expert Imports
of merchandiee received In the United
States daring th month of January
touted I213.01S.26S compared with t233.
942.081 for the corresponding month of
last year, according to the bulletin of
the bureau of foreign and domestic com
merce. For the same month exports
from this country were valued at 3C:2.
910.SS3 compared with $504,797,306 for
January of last year. For the 11 months
ending with January, total exports were
valued at f3,797,925.7S4 compared with
3,4&0.2SS,07 for the p r e o e d 1 n g 11
months. Imports for.Jhe It months
period were valued at f 1.898,314.050 com
pared with a total of $1.433. 693. 50 for
the H months ending with January,
191S. -v .-,,, . . -v.
Sal of Iadlaa Laads Thirty-five
tracts of Indian lands varying In slse
from-40 to 160 acres will be sold at Port
fc'imcoe, March 17. The appraised value
of these lands vsries from $5 an acre
for the non-irrigated lands to $200 rr
acre for the ' choicer tracts. But the
demand for the lands Is such. that there
will be a rivalry of bidders that will
carry the prices beyond these figures.
Superintendent Don M. Carr ' of the
agency estimates that th total for the
35 tracts will be between $225,000 and
$250,000. Written bids are submitted
and these jwlll be opened March 17 at
the agency. The lands will bs sold to
th highest bidders.
. Firm "Woald needle Greek Trade
A firm In the United States with a
branch office in Argentina and propos
ing soon to open an office in a city
of Greece, desires to secure agencies
from manufacturers for the sale of hard
ware, machinery, agricultural Imple
ments! twine for flour and sugar bags.
electrical supplies, surgical Instruments
hosiery, and cotton piece goods. Infer
ences. Further information will bs fur
nished by th bureau of foreign and
domestic commerce. Portland Chamber
of Commerce. Opportunity iso. ssa.it.
Sosta Afrleaa "Waats Americas Agen
cyA man from South Africa, who will
be In thia country a few weeks. de!re
to be placed In ' communication 'with
firms for the purpose f securing the
agency for the sate of tractors, photo
rraDhlo supplies, typewriters aad up-
. . . . 1.,1. V.nn a b n . 1
plies. Stationery, hhw auvuv. ww.
shoes, novelties and notions. Itefer
encrs. Further information will be fur
nished by the bureau of foreign and
domestic commerce. Portland Chamber
of Commerce. Opportunity No. $8594.
SUtfLBS $e00.000
riFTH AND
. SrAKfV