The Oregon daily journal. (Portland, Or.) 1902-1972, May 13, 1919, Image 21

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The Oregon daily journal., May 13, 1919, Page 21, Image 21

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Newspaper Page TextTHE OREGON DAILY JOURNAL,' P ORTLAND, ' TUESDAY. MAY- 13, 1919. - pEGREASED POTATO AREA BUTTER MARKET-WILL SHOW QUICK ADVANCE WITH FAT VALUE UP Rise of.2e a Pound In the Latter Ef fective During the Horning Is Sight of Early ftdranee in Prints Cube Prices Are Lifted Here. INOLAND WANTS COAST OTTER With Knaland (canine at least 10 carload rf butur alona the aclf le Ooeat, with a 9n- Val scarcity of supplies of tha better quality, the local market will show a further advance (of to a pcund Wednesday momlns . TMa will place antra In plain wraoaara at BSo a pound, land carton B8o a pound, tfttarfat will alto (advance an additional 2a a pound, maklnf a itoiai rue ot no a pouna in mu una wiuiin (hour. Thl I tha flrtt time that Knaland haa asked ftoH dlract shipments of buttar from tha Psoitis Coast. Local creamer Interact ay that were H net for tha fact that same of tha Portland trade I to determined to mate tha outside mar ket believe that Portland I turnln aut In ferior qualltr buttar which It I not hut order for Now York and foreign account weuld be available here. ' Very firm tone t showing in the market for butter hrre and on l'uget Sound with stvnne nmhahintie of a onick advance In the price General opinion i that the market will (how a rue of 3c a pbnna aitnougn aome ni the Pnart Sound firm are (aid to ba talking of a Sc. rise to come. With tha advance of 20 a pound in trie price of butterfat effective during the ronrn mz, - it fo quite natural that butter prices should rmicVly follow. Buttrrfat price are always the ign by which the butter price is gauged. Vhen the butter market is weak the bntterfat nrire la slow and inclined to sag but with butter firm the return on buttertat are always raiseo. fube market is aUo firmer and a high as 44c a pound ha been paid durin the lat 24 hour for cube extra. Thii is in reality a vine of le a pound above previous figures, making an early rise in the print price really a necessity. In fait, at the present price paid for rubra a rise of 8c is .really Justified in print butter. Uairy produce receipt at Portland Monday: BUTTEB Lhs. California . Ortgon . . Washington . Total . . 21B0 . 61 2 1465 . .078T Lbs. . .1,800 80 .24,2St .28,1 30 CIIEESB f 'alifornia Idaho . . Oregon . Total . EGU8 Exp. Freight ... .687 310 . 10 0 Idaho . . . . Oregon . . . . Washington '. . Total . - . ' Grand total. .573 316 886 case. EGO MARKET SHOWING A RISK Market for eggs is showing a smaller supply for the local trade and advances of He to lc a dosen are bring offered in current receipts with the extreme buying price frpm the' country at 43c a dozen. CHtCKKK PRICES BUMSO HIGH Owing to the temporary scarcity of offerings, the market for chicken is showing a sndden advance with salea ot hens as high as 85c a pound along the street during tha last 24 noun. COtTWTRT MEATS. ARK HELD WEtL Market for country killed meata is holding well here with rales of best calves at 1 9 H (m 20c a pound, while the best bogs are moving out - at 2e a- pound. - Receipts are moderate in both line. FRISCO CAULIFLOWER OFFERED Cauliflower from the San Francisco district Is again being offered on the local market. The price is high at $3.25 per crate of two dosen. Practically , .no... home grown broccoli is now available. - BAWAWA SUPPLIES TO BE SHORT Owing to the fact that only one trainload of bananas is - due here during the coming week, a temporary scarcity of offering 1 then expected. The local market is cleaning up well around previous prices. BRIEF SOTES OF PRODUCE TRADE Peas are scarcer and higher. Strawberries steady at $8.65 3.75 per crate. New potatoes are firmer at 100 with old stock alow. , . Cheese market firm at Monday's advance. , Corn starch i up He a pound. Soma additional advance reported for coffee locally. ' WEATHER JTOTICE FOR SHIPPERS Weather bureau advises: Protect shimnenta during the next. 36 hours against the following minimum temperatures: Going north, 48 de grees; northeast over R. V. it 8. R. R., 40 degrees: east to Baker, 86 degree; and south to Ashland, 40 degree. Minimum temperature at Portland tomorrow about 4 8 degrees. WHOLESALE PRICES I If PORTLAND The are tha prices retailer pay wholesalers, except as otherwise noted: Dairy Product ; BUTTER Selling price, box lot: Creamery print,' parchment wrapped, extra, 56c; prime firsts, 54e: firsts, 63c; smaller lot at an ad vance. Jobbing prices: Cubes, extraa, 62 H 63c lb.; prima firsts, SlJac, cartons, le higher. BUTTERFAT Portland delivery basis. 60 62c r nrice at country station. 66S57c. OLEOMARGARINE Local brands. 30 A 60c lb.: tubs. 32c; 1-lb. cartons, 40c; 2-lb. canons, 88 He: Nutmargarine, 1-lb. cartons. 31c lb. CHKESK Selling price. Tillamook, fresh Oregon fsncy full cream triplets, 85gS6c lb.; Young America. 8lS7c lb. Prices to jobbers, f. o. b. TirHmook, triplets, 32c; Young Amer . tea, 88c Selling price; Brick. 43c; Lfmburger. 8788c: block Swiss. 4445e lb. Buying price of Coos and Curry triplets, 81 He; Young America, 32 H e lb. ; f. o. b. Myrtle Point. KGGS Buying price, 43o per dosen; selling price. 44er candled. 45e per docen. KGGS Iublio market retail selling price, 48c rer dozen. . LIVB POILTRT Heavy hens, 34 0 85c lb.; Imht hem. 83c lb.; broilers, 33lb40o lb.; old roosters, 18c lb.; stags, 20c lb; squab. 83: duck. 35c lb.; pigeons, $1.50 2.00 per do.; turkeys, live. 80e lb. ; dressed, 4Qc lb. ; geese; live, 17c per lb. Praeh Vtittabla and Fruit -1s- FRESH FRiriTS Orange. $4.25 7.00 TTvr box ; bananas, 8 H 9c pr lb. ; lemons, '$8.50 0 6.00: Florida grapefruit, ( ) ; Cali fornia. $3.00 4.25. t STRAW BERRIES Florin, ,83.65 3.75 per . TVpPLES Tarions varieUea. 32.00 4.50 per box. . - , DRIED FRCnS Dates. Dromedary, ) ; Fard. ( ) per box; raisins. Three-Crown, loose Muscatel. 10c lb.; figs, $5.00 per bos of 30 6 -oi. packages. i ONIONS Selling prico to retaOers:' Oregon, 82.004.OO per cvrt; association selling, price, carload, $3.00, f. o b. country; garlic, 60 75c; 'green onions, 40c per dozen bunches. POTATOES rSelling price, $1.50 2.00 per cwt; buying price for fancy large sixes. $1.50 1.60; ordinary. 81.25 01.8.5 cental; sweet. (5.506.00; new potatoes, 810c lb. , VEOETABIiES Turnips. 13.51) per sack; carrots. $3.50 per sack; beets, $2.50 per sack; . cabbage. California, 5 6 Ho per lb.; lattuoa, $2.50 & 2.75 per crataj celery. 81.50 par doa. ; artichokes. 86c1.00 dox.; cucumbers, $1.60 2.23 per do.: tomatoes (Mexican). 84.25 4.50 per Ing: eggplant, 20c per lb. : cauliflower, . local. $1-50(2.75 per crate; horseradish, 15e 0r lb. ; bell peppers, 76o .per lb; pea. 12 H . 16e per lb.: spinach, local. So per lb.; asparagus, local. $1,75 62 00 per do, bunches; rutaba- gts, 12.00 2.25 per sack, - Meat and Provision ! . : t C0TJNTBT MEATS Selling price: Country killed beet hogs. 2526e 'per lb.; ordinary hogs, 24 25c per lb.; bct veal. 19 H 20e per lb.; lamb, 19e per lb. : mutton. 44 16c per lb.; beef, 9 14c par lb. SMOKED MEATS Ham. 8541e: break fast bacon. 84 55c: picnics. 29c; cottage roll. v Stock. Boad. Cotton, Grata, Etc. 816-217 Board ot Trad - Banding- ! Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES : ' Member CaJearo Board of Trad : Correspondent of Logan Bryaa Cairar , 2tw yrk : Shipping Jun k To Portland Growers Expeet Good Price, but Sent Quality Elsewhere. Hymaii H. Oottea For year tha aaeertion baa been made and proved ta many Instance tliat grower will ship jnnk supplies of fruit and vegetables to Port kind and complain because they do not securi extreme price, -while seeding their really worth while quality stock to other points, which natu res ny pay a premium for this. - i I'ortland wanta quality stuff Just as much a do other market,' and la willing to pay for ft. but it haa bees so burdened with poor quality that this baa hurt not only the demand, but tha price. In regard to tha sending of Junk asparagus to Portland, a Seattle publication remarks: "Oregon stock continued to command top prices, since nothing but tha very best stock is shipped here from that section, Tha poorer stock is sent to the Portland market. Those desiring special in formation regarding any market should write the Market Editor, in closing stamp for reply. . Corn and Oats in Downward Move y Joseph p. Prltchard Chicago. May 18. (I. N. H.) There were sharp price losses in the corn market. Losses were shown of 4 c in May. 4 H (3 4 , o in July and 3e for September. Liquidation con tinued for all of the months during the entire session. Oata declined lUlHe. Lceses were shewn in bog product of 663e with pork tha weakest. Chicago, May 18. (1 N. 8.) An unfavor able weather map and tha fact that the Chi cago cash market is now the highest fa the West had an. influence on the local market to day, and as a result corn opened le to 214c lower. Trade was dull and featureless. Local commission house led in- the limited selling. ets followed corn, opening - je to fie lower. The market was inactive, with only small Mattered lot transactions reported. Provisions opened a trifle lower. The volume of business was small. CORtf 176 176 17 108 15 ir.'j OATS 60 09 H r.8T ? 65 63 is PORK . 6370 fi381 . 6100 5100 LARD . 8360 3365 . 8210. 3213 BIBS . 2890 2890 . 2782 2S00 Msy w . . July Kept. . . . 173 164 150 68 67 64 H 15340 6055 3360 3210 2880 2783 '1734 164 H 15i 68 74 64 H R340 r05 3360 3210 2880 2787 May July Sept. May July May July May July PACIFIC COAST BAJTfc STATEMENT Portland Banks This week. Tear ago. 8 6.861.272.88 3 5,164.859.05 5.572.689.88 4,004,330.04 Clearings Monday . . . Tuesday . racema nans Clearing Tuesday 3 Balances Tuesday Spokane Banks Clearings Tuesday 8 Balances Tuesday Seattle Bank 1,095,086.00 219,055.00 1,648.080.00 326,825.00 Clearings TueMay ...3 6.03t,593.OO saiances luescisy 1,103.621.00 San Francises Banks Clearings Tuesday $22,184,988.41 Las Angeles Banks Cleans g? Tuesday 8 8.066.634.00 DAIRY PRODUCE OF THE OAST San Pranclsoe Market San Francisco, May 13. (U. P. ) Butter Extraa. 59 We. f-gtf" bxtras. oz He; extra firsts, 49e; extra pullets, 50e Cheese Ca Hfornia flats, fancy,.; 32c; firsts. 80c Lot Angela Market Lo Angeles, Msy 18. L . g.) Butter: California creamery, extra, 55c. - Egga: Fraah extras, 60c; case count, 49c: pullet. 48c " Saattta Market Seattle. May 13. (IJ. P. Butter: local country dreamery, cubes, 56c; do. bricks. 67e. - Egg: Local stirctly fraah, 49c; do. mUed, 48c. Cheese: Washington cream brick, 85c; do. Young America, 88 8 8c; Washington and Ore gon triplets. 80 88c. I ; i HlaaeapoUi Flax Market . .Mtanoapolis. May 18. (I N. S.) Flaxseed. 4.v3 v 4.03, 86c; short dears, 808Se; Oregon exports, smoked. 30c per lb. LARD Kettle rendered. 310.20 case' standard. 35a lb.; lard compound 25 He. Fish and Shellfish : FRESH FISH Steelhead minion, IS 16c per lb.; Chinook, 1820e; halibut, fresh, 13 16e lb.; black cod, 8 10c; silver smelt. 14c; tomcod. 8e; sturgeon. 18 20c; fresh hairing. w w if-, urutauu suau, oc: snaa roe, luc jb. KHUJJ IBM Crabs, $2.26 8.00 per do.; shrimp meat, 62c per lb.; lobster, 80c per lb OYSTERS Olympia. gallon. 33.60; canned Eastern. 75c can, 39.00 dozen cans; bulk. $4.80 per gal. Q recedes SUGAR Cube, $16.85, powdered, 810.25; fruit and berry, 39.65; D yellow, $9.65: gran ulated. $9.65: -beet. $9.55: extra C, 39.25; golden C. $9.15; cub. $10.50. HONEY New. ( ) per case. , RICK Japan rtyle. No. 1. SVe1; New Or leans bead, llH12c; Blue 'Rose. 9 lOtie per lb. SALT Coarse, half ground. 100a, $16.00 ton; 60s, 817.25: table dairy. 60s, 822.00; bales. 83.10 3.25: fancy table and dairy. $30.25: lump rock. 326.00 par ton. BEANS Oregon (sales by Jobbers) : Lady Washington, 8o per lb; pink, 8e per lb; limas, 9 He; bayou. 8 He; red. 7e; Oregon beans, baying prices, nominal. CANNED MILK Carnation. 86.85: Bordon, $6.00: Aster, 6.25: Eagle. $10.15; Libby. $6.10; Teloban. $5.00: Holly. $6.00: Ml. Vtt non, 86.25; Haselwood, 85.75 case. COFFEE- Boasted, 81 45c.- in sack or drums. SODA CRACKERS In bulk, ilTo lb. NUTS? Budded walnuts. 30tt 31e per lb.; almonds. 24 29c; filberts, 28c. in sack lots: peanuta, 15e; pecan; 25c; Brazils, 33c Ropes, Paint, Oils HOPE Sisal, dark. 22c: white. 21 Ho. lb.; standard manila. 28 He: LINSEED OIL Raw, bbte.. $1.98 gal.; ket tle boiled, bbU.. $1.95; raw, cases, $1.93: boiled, case. $2.05 par gal. . , ,:OA.h OIL Water white, in drums or iron bbls.. 15c per gal.; cases, 24e per gmi. GASOLINE Iron bbls.. 2 He: ease. 324 c; engine distillate, iron bbls., 14c; cases, 3Y"FJ1TE' LEAD Ton lota. 13 He; 800 lbs.. jVKPENTiNE Tanka. 80c; eae. 86e; 10 ease lots, lc less. WIRE NAILS Basic price. $5.15. Hops, Wool and Hides RCiPrN.omin1" 1 1 crop. ; 8 8 4 Oe lb. "IDES No. 1 salt cured hides, 30 lb, and up iSV Nt 1 Prt wad hides, 80 lbs. and I'He; No. 1 green hides, 80 lb, and up, le; No. 1 sslt cared bull bides, 60 lbs. and up, 18e; No. 1 part cured bull hides. 50 lbs. and np, 11 He; No. 1 green: bull hides. 50 lb, and up. 10c Tha prices of No. 2 hides will be lc per ponnd less than on No. l a No. 1 calf skins, up to 15 rbs., 45e; No 2 calf skins, up to 15 lbs., 43c; No. 1 kip skins, 15 to 25 lbs., 25c; No. 3 kip skins, 15 to 25 lbs, 23e; dry flint hides. 7 lbs. and up, 80c; dry salt stag or bull hides, 14e; dry mSi hides hii. 7 lbs. and np. 24c; dry salt calf, under 7 lbs., , 84c; dry font stag or bull bides. 20c; dry salt stag or bul hide. 14c; dry coU hides and akin half price; dry horse hide according to sua and quality each 81.50 8: salt horse hides skpned to hoof and head on. 88 S; horse hides with heads off, 60c Joss: dry long wool sheep pelts, per lb.. 2835e: dry mediae wool sheep pelts, per lb., 20sS0c; dry shear line sheep pelts, each, 50 75c; salted long wool sheep pelts, each. $2 4; salted medium wool sheep pelts, each,' 314 2; salted shearling sheep pelt, each, 60 75c, - : S : 7 -X-y8"1"..' V lb.; ? short staple, 85c; burry. 85 36c per lb. TALLOW AND CREASE -No. X tallow 7 8c; No. 2 6 7c; So, 1 grease. 6 7c; No. S grease, 3c. CHITTIM OR CASCARA BARK Old peel .JU ,f : .mr" P1' 10e per lo. WOOL VaUey: H blood Merino and Shrop shire, 45 50c; Shropshire. 45 50c; Cotswold and Lincoln, 40 45c; matted Cotswold. 80 85c; timber stained. So per lb. . leas; lambs wool, 4o per lb, less. . : t Eastern Oregon. Eastern Washington and California Wool Merino and Shropshire. 35 46c; H blood Marino and Cotswold, 87 42c; Shropshire, 37 42c; Cotswold and Lincoln, straight or mixed, 32 35c; burry, 5c pet lb. less: lambs, 4e per lb. leas. .Fins Wool Marino, combing and tig grades, 80 85c i . YEAL, 20cP0RK, 26c ' We pay these prices for top quality small veal and block pork. , FRANK L. SMITH MEAT CO Portland, r Oregon. -Adv. IN NORTHWEST I S THE OUTLQ OK. m POTATO ACREAGE IS LIKELY TO DECREASE IN THE NORTHWEST Indications-Point to Smaller Arc in Oregon and Washington During the Coming Season Selling or Good Seed Stock Is Mistake. The Pacific Northwest is todsy facing a ait nation in potato production for the coming seamn that may mean an extreme scarcity .ol applies. Owing to the disastrous season iast year whereby most of tha growers did not secure adaqaate returns on their crop, many who planted liberal acreage then are todsy inclined to -ut their prospective area. This condition is shown not only in tha Willamette valley bat la the Yakima section of Washington. t me laaime section 01 v asiiingion. 'Yakima haa recently been nnrchasine quite r lair storks of seed potatoes Indirectly from the iJeschutea country. Its takings from that section are said to have cleaned up stock to .the point where there will not be sufficient stock for a liberal planting of good seed. Lit tle but the' poor quality stock remains in that section, according to reports, and this i con sidered on of the worst mistake that banner producing section of ti e Pacific Northwest haa made. Everyone in the trade is now witlins'Tto ad mit that the Deschutee country produce an . ex tremely ZJod quality potato. Too market trouble of that arctinw. have not been due to the lack of quality, but to the fact that practically no car waa taken in planting t'.ie proper stock. Tb trade demand certain , varieties cf po tatoes. Not mere than one variety should he in a sack, in fact growers would do batter if tl.ey would plant only one variety in their field. The placing of 57 odd varieties in one sack means ruin to the producer even though the quality of each potato is No. 1. Silver Shared Are In Demand With Prices Advanced STOCKS CLOSE STRONa New York. May 13. (I. ft. S.) The stock market closed strong. The final dealings con trasted sharply with tha trragulartty which pre vailed throughout tha afternoon. Aggressive buy ing near tha and forced the active issues up to tha bast prices of the day. Tha railway equip ment stocks war strong, American Car at Foun dry rising to 104. ' Baldwin rose to 99, closing "t below this. Steal common rose to 101 H. Mexican Petrol sum wa tha strongest of the all. advancing ovar 6 point to 181 Vs. Many of tha specialties made tains of from 1 to a points In tha last hour. Southern Paclflo wa finally 1 09, Marine preferred 118, Taxaa Co. S7S, Oruclbls in V ana setnienem tee foi. New York. May 13. -(I. N. S.) All the stocks of properties which have been concerned in the production of silver metal and which are now devoting anergic to increase that pro duction were features of the trading on the stock market at the opening today. American Smelting, which turned out the greatest amount of silver in this country, advanced 1 to 70 and united States Refining moved up 1 U to (18. Butte- Copper & Zinc.' which was s good producer of silver last year, advanced over two point to 134. Anaconda, another large silver producer, ad- vaneea va to no V . Cerro De Pasco rose 1 to 43 and Ontario Oliver advanced In IV. The leading issues of. other groups were fairly strong. Steel common gained to 101 . The Marine stocks made fractional advances. Texas company continued In supply, dropping V, to 274 H. Industrial Alcohol advanced t to 136 is. New York Central to 77 and Mis souri racuie advanced one point to 8 1 . Petroleum stocks were heavy during the fore noon with what waa apparently inside liquida tion, causing a odwnward movement Sinclair Oil sold down to 62 H, but quickly rallied to 64. and Texas Company dropped over 3 points to 271 , from which it rallied to 274. At lantic. Gulf and W. 1. declined from 164 to 160 and then rallied to 162. The silret stocks lost a good part of their cr(y gains. American Smelting - reacted to 794. The copper stocks moved -in the same way. Anaconda advanced to 68 V, and then dropped nearly 1 point. Marina issues were strong, with subsequent reaction. . Furnished by Overbeck A Cooke Co., Board of Trad building. DESCRIPTION : K 1 High I Lew Close 3 8 . 3 H 41 41 40 . . 98 110 109' 110 81 80 81 65 54 65 104 98 103 56 65 55 64 H 62 02 H 78 76 78 80 79 79 109 107 107 134 132 133 104 13 103 81 80 Hi 80 68 67 67 95 04 94 164 160 162 99 92 H 98 H BO 49 49 75 75 75 23 22 23 25 H 24 23 9 9 9 27 26 27 39 88 89 97 96 96 24 24 24 38 88 88 46 43 45 99 98 99 63 62 63 73, 71 72 95 36 36 86 82 81 82 79 78 78 168 166 166 89 87 89 65 64 65 7 11 10 11 77 78. 77 17 17 17 29 29 29 164 163 163 187 185 186 72 71 71 H 43 45 45 4 93 84 41 40 40 81 80 31 123 119 123 53 52 52 100 100 100 156 152 154 54 52 52 48 47 48 119 117 118 27 26 H 26 H 28 22 23 35 34 34 I 75 HI 74 75 66 55 65 ; 47 43f 45 1181 175 181 I 23 24 24 46 46 46 81 80 81 75 75 75 17 17 17 31 30 31 118 113 118 ' 78 77 77 108 107 108 94 93 93 88 38 86 45) 45 43 50 50 t 50 56 55 56 81 79 80 21 21 21 9 87 87HI 8 86 -3 84 84 108 108 108 27 2T 27 ..... ..... 190 , 14 14 14 81 80 80 109 107 109 81 29 80 65 62 84 146 146 140 -273 271 274 H 89 88 88 183 182 182 72 72 72 185 184 184 96 99 85 101 100 101 114 114 114 79 78 78 67 SS ll 16 10 34 33 84 . . . i . 22 88 88 87 66 63 65 84 33 83 . ...... ..... 126 484 47 47 Alaska Gold .... . AUis Chalmers, c . . do. pfd. Am. Agr. Chem . . . Am. Beet. Sugar. . Am. Can, c Am. C. V.. c Am. Cotton Oil. e. Am. Linseed, c. . . . Am. Loco., c Am. Smelter, c. . . 3 41 109 H 91 65 98 56 V. 64 77 79 Am. Sum. Tobacco! 109 H Am. Sugar, c. . . . Am. Tel. A Tel.. Am. Woolen, c. . . Anaconda Min. Co Atchison, e A. . A W. I. . . Baldwin Loco., e . . A O., c 133 103 81 68 H 94 7 163 93 49 Bethlehem Steel. B 75 Brook. Rapid T . . Butte A Superior. 23 24 Chi. A G. W., c . . r) a. n sr 9 26 H Chi.. Milw. A St. P. 88 Chi. N, W., e Chile Copper . . Chino Conner . 96 H 24 H 38 Colo. Fuel A Iron, c 46 tjonsonaatea uaa . Corn Products, c . . Crucible Steel, c . Crucible 8teel, p, . Cuban Cane Sugar CsX Patrolaism, c. do. pfd , Canadian Pacific .. Central Leather, c . C. A O 98 3H 72 86 82 79 165 H KM 65 H Penv. A R. Gr., e. lenv. et, U. ur., p InstUler . Erie, c ...... ... . Erie, 1st p. .... . General . Electric . . General Motors. . . Goodrich Rubber. 10 77 17 29 164 185 71 Gt. N. Ore. Lands. (.t. Northern, p. . Greene Can Hide A Leather, c Hide A Leather, p Ice Securities . . . Illinois Centra . . . Industrial Alcohol . Inspiration Int. Mer. Marina. Int. Mer. Marine, p Int. Nickel Kas. City Son. . Kenn. Cop. ..... 41 53 48 LIS 27 23 34 Lack. Steel ". , Lehigh Valley . Max. Motors, e . Meg.' Pet ... Miami Copper Mid. Steel . . . Miss. Pac ... National Lead . Nev. ConsoL New Haven .-. N. Y., Air Brake I 75 1178 24", t 46 1 .1118 r. x . vesirai ... N. A W . e... Northern Pacific . Pac Mail . . . . . Panix, Railway . Peoples Gas .... Pitt. CoaL c. . . Pressed StL Car. e Ray 3ona. Cop. . Ky. Steal Springs . Reading, q . . . . H L A 8. c , do pfd. ...... Reek Island 8.. B A Co..... Shattock ....... Stndebaker, c . . . . Soathern, Pacific . ' Soothe rn Ry., c . . Sinclair Oil ... . , Swift A Co. Taxaa iOU- ..... . Tobacco Product Union Pacific, o. : do pfd. . . , . IT. C. 8.... .... V. S. Rubber. .. V. S. Steel. . . . , do pfd . . , rrtab Copper Vs. Chemical, e. . Wabash ........ Wabash, A...... Wabash, . B . . . . . . 77 107 98H 88 45 79 84v, 103 27 14 81 108 29! 65 t4 273 88 135 5 101 84 West. Elsetne . . .. Willys Overland . Wool worth .... .'. OrOe Om: . . 47 bale 1.45L700 ahara. 1LLSTUFI DEMAND IS ENORMOUS IN THE LOCAL TRADE Leading Millers No Longer Able to Offer ; Carload Lots Because of Big Orders Coming Flour Price May Be Advanced Here Soon. NORTHWEST GRAIN RECEIPTS -Jars- Wheat. Barley. Flour. Oat. Hay. 2 2 7 3 2 T 9 1 IS 13 7321 1055 2560 702 30HO 8708 402 1179 1465 2517 ...... 4 . t. . . . 3 . . . . Portlsnd. Tues. Year ago . . , Season to data. Year ago . . . . Taeoma, Mon. . Year ago ..... Season to date. 84 .... 1 5306 36 .... 176 1209 5398 91 292 1645 3 8,3 10 Yaer ago - , Seattle, Motu Yesr iiii . 23 8 4 .... 4 Season to date. 6293 7 1244 659 2544 Year ago 4742 826 1617. 1083 30731 The greatest demand for millstuff known to the local trade for an extended period was in dk-ated here during the last 24 hours. Some of the leading millers, who are grinding wheat aln.oxt to their capacity, are no longer abl to fill all their order and are selling only in mixed car. No straight ears are at present being offered Decease of the scarcity "of sup plies, x r' Owing to sharp advances in the price of corn in the Eaat Monday, the local market is firmer at $2 a ton higher, with stock i ex ceedingly scarce. Flour market is 'firmer for patent, and an advance in tha price here within the near fu ture would not be at all surprising. O-W. ft. A If. Rspert The latest report on cropsy .tlie O-W. K. A " N. Co. shows: Wills Walla, Wash. Some rainfall. Con dition of soil good, sufficient moisture. Pas tures and livestock in - good condition. Increase in boga on full feed; other stock on range. Condition grain good. Increase in fall-sown acreage. Light frost. Heavy yield in sight for all erops. Weather favorable. The Dalles. Or.- No rainfall Excellent prospects for grain and fruM crops. Enterprise. r.- Rarnfsh one-half inch. Weather cool past week, heavy frost several night. Farmers gbout half done with plow inr. - and seeding. Fall grain in good shape. Plenty moisture. Grass good. Heppner, Or.-! Weather conditions favorable for growing crops, t Lire&tock and pastures in good condition. Heavy wool clip now being re ceived t warehouses. FLOCR Selling price: Patent, $11.45: fainily wheat flour, $11.30: whole wheat flour, $10.60 10.75; Willamette valley. $11.35: local straight. $11.25 011.86; bakers' local 810.00 11.10; Montana spring' wheat, patent, 811.10; rye flour, 810.00; eat flour, 810.00; graham, 310.15 10.50. Price for city deliv ery in five-barrel lota. ,. HAY Buying price: Willamette timothy, fancy, ( ; Eastern Oregon-Washington fancy timothy. $37; alfalfa, ( ) ; valley vetch, $20.50: cheat, $28.60; straw. $9.00; clover. I ) : train. 4 ). GRAIN SACKS Normal. New xrop deliv ery: No. 1 Calcutta, 11 12c in car lots; leu-amounts higher. IILLSTCFFS Mixed run at mills, sacked, $38.00. ROLLED OATS Per ton, $57 59. ROLLED BARLEY Per ton, $58 60. CORN Whole. $70; cracked. $72 per ton. Merchant Exchange bid: Merchant exchange bids: FEED OATS May. No. 2 white 5425 BARLEY June. 5425 5500 2575 Feed "A" J Eastern oat and corn in balk: OATS No. 3 white 5500 5625 5100 5100 5100 6125 White 38 pound clipped CORN No. 8 yellow No. 3 mixed 6850 6760 6850 680O AMERICAN LIVESTOCK PRICES Chicago. May 13. (I. N. S.) l&gs Re ceipt 21,000, steady to 10c lower. Big packer holding off, bidders sbout 25e lower. Top., Sl.uu; medium weights, szo.ou g 'JU.BO; light weights, $20.25 20.85; heavy packing sows, $20.00 $20.25; packing sows, glt.'OO 19.75; pigs. $1 8.0JJ O 19.25. Cattle Receipts 8500. . Beer steers, feeder. 15 25c higher. Bul, steady to strong calves slow, bidding light Beef steer, medium and heavy weights, choice, 816.T5 1 9.50 ; medium, 813.60 17.00; common. $11.25 13.75; butcher cattle, heifers, $8.0015.0u; cows, $7.75 14.75: bulls, $9.25 13.25; - canners and cutters, cows and heifers, $6.25 7.75; can ners. steers, $7.75 10. BO; calves. $12.75 14.00: feeder steers, $10.25 15.50; stocker steers, $8.25 13.60; stocker. cow and heif ers, $8.00 10.75; stocker calves. $8.00 13.26. Sheep Receipts 10,000. Shorn lamb, steady to strong, trade slow, sheen lower. Shorn stock. J lambs. 84 ponnds down. $14.00 15.25; 85 pounds up. $13.75 15.15; springs, $17.00 19.00; yearling wethers, $12.25 13 50; ewes, $10.50 12.00; coils, $3.00 10.25. Omaha Hog 820.7S ; Omaha. May 18. (I. IV S. J -Hogs Re ceipt 18.000; generally IOC higher. Top. 820.75; bulks. $20.85 20.60 : heavy weight, 820 55 20.75; medium weight, 620.86 20.60; light weight. 820.15 20.40; heavy packing sows, smooth, $20.40 20.60; packing sows, rough, $20.80 20.40; pig, medium, $18.00 19.00. Cattle Receipts 4300; generally steady. Beef steers, medium and heavy weight, choice and prime. $16.50 18.50; medium and good, 18.60 16.75; common. $12.60 1 4.00 ; light weight, good and choice, $18.00 16.25 ; common and medium. $10.00 13.00 ; butcher cattle, heifers. 88.28 14.25; cows, $7.25 14.00: canners and cutters, cows and beiters, 85.00 7.25: veal calves, light and handy weicht. $11.50 1.60; feeder steers, $11.60 16.25: stooker steers, $9.00 18.00; stocker cahea. $8.00 12.25. Sheep Receipt 6500; for few early . stcsdy. Closed 25 60c lower.. Top, $18-75. ealtle Hogs 820.TS Seattle. May 18.--tL N.' 8.)- Hogs Re ceipt" 357: steady. Prime lightv $20.25 20.75; medium; to choice. 820,25 20.'40 rupb heavies, $18.23 18.75; pig. 818.25 Cattle Receipts 84; steady. Best steers, 811.60 14.50; medium to choice. $10.50 11.00; common" to good. $7.00 10.00; best r-i-ws. $8.00 12.00; common to good cows. $5.00 7.50; bulls, $8.00 10.00; calves, $7.00 13.00. RneeD Receint ISO- ilnrir Tk. U816.00 16.50; ; common to good. 314.50' po.oo: yearnngs. 13.00 14.00 : ewes. $7.00 9.00: wether. $1 1.00 1 1.50; lambs. 84 814.50 15.00; lambs, 85 lbs. up. Ji3S 1450; Iambs, culls and common. 87.O0 12.00; spring lambs, medinm, $17.50 18.50; yearling wethers, $12.50 13 25- $TIo9 11-75 : "We" e11S nd commo ' Kansas City Hog 820.80 Kansas City. Mo.. May 13. (L I. 8.) Vat'TrPr!'ipt 11.000. steady to weaker. Steer. 814.00 16.10; cows and heifer. $9.00 1.60; stocker and feeders. $6.00 ' 16.00: calv-a. $6 7518.Ra. Hogs Receipts 19.000. stcsdy to 10c high. f' .T-P'.flPi80' bulk- 20.0020.60; heav- ies $20 40 20 60; medium. $20.80 20.80; lights, $19.75 20.25; pigs, $15.00 19.50. Sheep Receipt 10.000, steady. Texas clipped wethers, $3.00 lower than last weak; sales 1125 spring lambs. $18 25. POTATOES ALL ALO THE COAST .San Francisco Market San Francisco,: May 13. (V. P.) Pota tcatr Wharf prices: Meltaa, $1.75 2.00 per cental; Oregon Burbank, 82.00 2.35; Idaho (tum, $2.00 2.88; Washington Gems, $2.00 2.85: sweets, $4.50 5.00; new potatoes, 8H5c per lb.: fancy long whites, 6 7c: do Uarneta, 66o; sweets. $6.00 6.80. Onions Icehouse, California, S4.004.25 $350 lOO " rtreet, $4.28 ; Bermuda, Los Angelas Market i Le Angeles,-May IS. (L S. S.) Pota toes r Stockton Burbank. extra fancy, 88.50 5 J? A 1 rnmets, fir, 32.25 2.40; rural, 82-10 9 2.40; Oregon Bnrbanka, fancy, $2.60 2.73, New stock home grown white and red rose, $2.00 a.$0 per boxL xeu - Seattle Market Seattle. Wash... May 18. (L H. Onions: Oregon. 6 Der lb. Potatoes: Xakima. $4042; local. 380 35 per ton, t. : Chicago Dairy Prodace ticago. May IS. l Butter Re ceipt 13.033 tubs. Creamery extra, 56 H 66c; extra firitn, 68 6 fee; Jlrst. 6S66e; paeking stoek, 8T48e. Kgsa Beeeipte : 48.849 oases. ' Current re elepte. 41 43 He: ordinary firsts. -40 H 41 e; firsts. 43 43 e; extra, 44 M 45 Vc; checks. 88 89e; dirties. 89 40c, :'AS-'if " 1 "-' 1 ' ' . " Liverpool Cottoa Market ;: ' Liverpool. May IS. 1 L N. B.i Spot cot ter, was quiet today. Prices firm. Salea 70OO tales. Futures opened quMt and steady. GENERALLY QUIET TONE FOR LIVESTOCK IN PORTLAND YARDS Total Bun Is But 5 Cars Overnight, and No Price Changes Are Noted Extreme Top -for Hogs Considered $20.23 Small Lots Bring More. HOW TOPS MULKO Ho. Steer. Tuesday 820.25 813.60 year ago 17.60 18.00 Two ysert aqo ..... 18.90 11.25 Thro year ago . ... 8.8 9.00 Lamb. 18.00 1S.00 13.60 10.0 - i PORTLAND LIVESTOCK RON Hogs. Cattle. Calves. Sheep. Tuesday .. . ; 863 Week ago . 587 Two weeks ago . . . . . 532 Four Xgeak ago . . . .825 Year ago 563 Two yean ago. ..... 107 Three years ago 444 Four year ago ..... 43 32 13 8 1 162 02 8 145 101 . . 198 47 . 264 86 25 0M 111 9 801 8 15 Five loads formed tha total daily run at North Portland. Marketa in general showed no price changes. There was a small ran of swine overnight at North Portland, with tops around 320.25, While a few hogs sold late Monday afternoon at' 820.50, thia waa not considered tha general market and nothing above the quarter mark was available Tneday. General hog ranxe: Prime mixed 820.00 20.23 Medium mixed '. 39.502O.O0 Bough heavies $ 18.00 18.25 Pigs , .; 18.60 19.75 Bulk 20.26 0.50 Cattl Trad Stead Only a very small run put in an appearance in the cattle alleys at North Portland. Only one full load put in appearance, and this sold at former values. The market for cattle In general was considered steady. General cattle range: Best steers . . . .' .813.00 18.60 "wwi iu vufva nwn, ....,. Medium to good steers . Fsir to goad steers . j. ....... . Common to fair steers......... Choice cows and heifers. Good to choice cows and heifer. Medium to good cow and heifers. Fair to medium cows and heifer. Canners Bull Calves Stockers and feeders - 11 0O ll.RO .50 1O.00 8.00 9.00 7.60 8.00 10.00 11.00 8.00 9.7 6 00 T.00 8.00 6.V0 3.00 4.00 8.50 8.00 .O0 12.80 6.00 8.60 Mutton Situation Steady No arrivals were shown In the sheep alleys at North Portland overnfght, but some nek over stuff was sold at $108511 00 for year lings, which is considered about tha top of the market. Lambs continue at $15.00. General sheep range: i Prime spring lsmbs 814.00 15.00 Fsir to medium lambs ........ 18.00lft.HO Yearlings 11.00(8(12 00 Wethers 9.00 11.00 Fwes 8 00 10.80 Buck, sheep 4.00 5.00 Tuesday Livestock Shippers Hogs M. A. Leonids, Granddallea, 1 load; J L. Jensen, Rexburg, Idaho, 2 loads; A. C. Quigg, Kelly, Idaho. .1 load. Cattle ltuggles A Bclshee, Crass Valley, 1 load. Monday Afternoon Sale STEERS No. Ave. lbs. Price. No. Ave. lbs. Price. 18... 12.. . 26. . . 8... 14. . . 3. . . 5. . . 12... 20.. . 24... 17. . . 8. . . 2... i a... .1220 $13.50 .1231 13.00 1 11 SO 813.90 7.. 27.. 11.. 19.. 11.. ,1011 12.75 11.00 .1010 . 867 , 890 . 848 11.60 11.00 . .1040 . .. 920 , ..1030 . . . 830 9.50 10.00 10.00 9.50 7.00 COWS .1042 31150 22.. 962 311.00 836 10.60 932 11.0Q 9. .1005 . 778 . 950 .917 . 863 .700 9.50 13.. r. 15.... 9.... 18.... 6. . . . 8. .1070 1 -917 . 687 . T63 . 480 . 790 9.00 9.00 9.00 8.55 8.00 7.26 6.23 .8.0Q 8.00 7.00 5.23 BULLS 1.. ..1410 8 8.O0 I 1 1410 3 7.25 1....1340 7.00 I 2 1185 6.23 CALVES 5 172 $18.00 I 5..... 194 $18.00 1.... 240 12.60 I 2 285 12.00 7 281 8.50 I LAMBS .... 67 $15.00 I 51 62 $16.00 17 67 15.00 I 87 68 15.00 183 69 15.00 I WETHERS 267.... 92 $10.50 40 111 $11.00 11 105 11.00 I 4 117 11.00 1 160 9.O0 I 264 98 11.25 65.... 106 12.00 23..... 180 11.50 EWES - 39 118 $ 9.00 43 114 $ 9 00 24 91 8.00 I 4..... 137 8.50 HOGS 81 230 $20.50 23..... 230 $20.33 74.... 183 20.25 69 190 20.25 ,78 180 20.25- 61..... 198 20.25 . 40 173 20.00 82 211 20.00 66 201 20.00 2 305 19.25 14.... 135 19.00 7 168 19.75 19 220 19.50 21 230 18.50 4 140 18.26 11 98 18.00 16 120 18.00 2 445 17.75 Tuesday Morning Sales cows Av. rbs. 'Price. I No. . 910 $10.00 I 1 . , . 780 5.00 i HOGS . 153 $20.25 I 9.. . 460 18.50 I - YEARLINGS . 77 810.86 i 41., 'e. Av. lb. Price. . 680 $ 7.50 8. r 1 162. 166 $20.00 40 $10.00 CLOTH MARKET GIVES AID TO THE PKICE OF COTTOK New York. May 13. tt N. S.) The trade waa a large buyer of cotton contracts at the opening of the cotton market today, doubtless influenced by the strength, of the cloth, market, and first prices advanced 8 to 20 points, which, Lowerer. hardly reflected the very firm cables. Liverpool sold July bnt bought the later months. At the end of the first 13 minute the list was about 6 to 10 points net higher. . Heavy general buying forced prices up in the last hour. The close waa strong at a net ad vance o( 45 50 opoints. w Furnished by Overbeck A Cooke Co.,'. Board of Trade building : Month January February March ' May . July August September ...... October November ....... December Open. High. Low. Close. 2435 2300 2446 2495 .... i 2476 2415 2460 2415 2465 2835 2876 2805 2873 2698" 2737 2085 2733 2645 : 2610 2530 2572 2316 2370 25SO 2480 ' 2525 2470 2523 New Tork spot market, 60 points np; mid dlings 2950. New York-London Silver New Tork, May 13. Bar silver. $1.16; London, 55 Hd. LIBERTY BOND SALES Liberty bonds, official Closing prices. Naw Tork; Wed. Than. Fri. . Sat . 98T0" 960'i42 9590!94309542 9432 9424 987619560 9422 V9SV 9584 9880 9680 9400 9390 9580)9404 958019390 19514 9410 9868i580 9886)9370 9510 9396 9410 Mon. 9404 968019406 9516 Tues. .98709570940G9580j941095209414 Bfoney aid Exchange New York. Msy . 18. I. N. t 8.) Call money en the floor of the New York Stock Kz ehange today ruled at 5 per cent; high, S per rent: low, 5 per cent. Time money waa steady. Kates were 6 V per cent.' The market for Srime mercantile paper waa . Quiet. Call money i London today waa 8 . per cent. Sterling exchange waa steady with burin sss in bankers bill at $4.684 for demand. ..... . S . J. B. Steinbach & Co. Stocks, Bonds, Cotton,. Grain 201 -2-3 ; Railway Exchange , Building E. I. Hmttea Co.'s Coast-to. Coast ; Leased wire " Liberty Bonds Bought anal Sold ... Tela-OIala Sot-So Finance, Industry and MILLS TO ATTEND ; FEDERAL COUNCIL Advisory Council Will Meet Fed eral Board to Discuss Bank ing, Business Outlook. A. L. Mills, president of the First Na tional , bank of this ; city, 'will leave Wednesday morning for Washington. I. C. to attend .the meeting of tha Fed eral Advisory council which will be held in that city. Mr. Mills Is the sole representative or the twelfth district of the Federal Reserve. Banking; system, which comprises all territory in the United States west of the Kocky moun tains. One representative of each of the 12 districts Is elected to attend the convention. The Federal Advisory council meets the Federal Reserve board in, accord ance with the requirements of the Fed eral reserve act and at these- sessions develop full discussions of the business and banking; situations ot the country. Four conferences, of which this is -the second, are scheduled for the year, Feb ruary. May, September and - November. Members composing; the council from their respective districts are: A. B. Hepburn. New York ; Joseph O. Brown, PichmAnd t C? T. Jaffrnv. Minneapolis: A. L. Mills, Portland ; Jamea B. Forgan. Chicago; U I Rue, Philadelphia; Dan iel G. Wine, Boston: W. S. Rowe, Cin cinnati; C A. L,yerly, Chattanooga: F. O. Watta, St Louis; E.v P. Wilmot, Pallas. Tex., and a delegate frorn Cleve land. Ohio. Changes in Eeports Of New York Banks New York. May 13. Changes in figures of actual condition of the asso ciated banks of New York city, aa dis played in their weekly statement, pub lished Saturday, follow : Surplus $38. 744.180, decreased $8,743,720; aggregate reserve. $572,266,000; loans, discounts, etc., $5,020,633,000, increased $117,430, 000 ; cash in vaults of member banks. $94,677,000, decrease $3,413,000; reserve of member banks in reserve bank $548,- 156,000, decreased $4,727,000; reserve In vaults of state banks and trust com panies $11,989,000, decreased $318,000; reserve in state banks and trust com panies depositors $12,121,000, decreased $253,000; demand deposits $4,040,31,000, increased $25,868,000; time deposits $155,099,000, increased $610,000: circula tion $38,616,000, increased $151,000. tw York Bond ( Furnished by "Overbeck A of Trade building) . Market ?ooka Co.. Board Bid . SUVi . 76 . 87 , 80 . 5H . 80 M . 81 . 8.1 .12 .82 44 , 83 S . 85 H , 100 . 80 ,107 ,88 44. . 93 . 87 . 89 . 86 H Ask 83 78 89 80V . 954 81H 84 87 12 88 88 H 86 H ioav 81 108 88 94 88V. 89 H 87 Atchison Geneva!. 4 , Bl. A Ohio Gold. 4s.. J.... Beth. Steel Ref.. 5s...?.... Cent. Pacific 1st, 4. . C. B. Q. Cot. 4. . St Paul Genl., 44 Chicago N. W. Genl.. 4a. . . . . I,. U N. Pni., 4s New Xork Ry.. 0s Northern Pac. P. L-. 4...., Reading Genl., 4s . I'nion Pac. 1st., 4 IT. S. SteeL 5s .- . . . trnion Pac. 1st Bef.. 6 Southern Pac Con v.. 5s..... Southern Pac Con.. ' 4s. . . . . Penns, Conv., 4 V s. ...... .. Penna. 1st., 4H Che. A .Ohio Conv.. 6. .... . Ore. Short Line, 4 Foreign Bead Market Furnished by Overbeck A Cooke Co., of Trade building. , . Bid. A. F. 6 Oct 1920 97J4 V. K. 6s Nov. 1919 9 S TJ. K. 5 Vis Nov. 1921 98 A. F. Sec 5 Aug 19190.... 99a Rep. France 6a 1981.. 2 Paris 6s Oct. 1921 98 Vi Russia Extn. 5 Ha 1921 47 Russian Intl. 6 H s 1926 112 I torn. 5s Aug. 1919 99 H Dom. 8 Apr. 1931.... 8 Vk Pom. 8s Apr. 193t 97 J Dom. 5s Apr. 1926 97 4 Argentine 8s Msy 1920..... 99V China s 1919 4 Dona Canada 5s 1937 07 V. K. 5H 1937 90H Board Ask. 97 44 99 44 - 9844 994 152 984 49H 114 99 K 98 44 97 H 974 99 98 88 99H Baby Bonds Denominations $100 $200 to yield ' 6 o 6 Income Tax Exempt Oall or Write for detail FREEMAN SMITH- CAMP CO. CtARKKEN DAlTSTOIi Goveraateat, Manlelpal aad Corporatlea Bonds Coraer Fifth aad Stark St. - .' A High-Grade Oregon Kaalclpal ' " -; : . i Deschutes County,.' Oregon School District No. 1 - (Iacladet City of Bead) : bonds Yielding 5 Exempt From AH Feleral laeome Taxes Mtsi i iiwsa ii 1mft0"m main eae Ankeny Canal Sale Has Been Postponed For Consideration . Klamath Falls. May IS. The proposed sale of the Ankeny canal by the Recla mation service will be postponed until a reply from the secretary of the interior tor questions regarding the' original rights of the water uaere of the project can be carefully considered. An Injunc tion to stop the proposed sale waa signed by he directors and filed with the county clerk. " Directors and members of the Klam ath Irrigation ; district were enthuaed over this news from Project Manager IL XX NewelL i-.- --h. The recent announcement ot sale . of the Ankeny canal by, the government aroused the Immediate opposition of the water users, who claimed that by their original contract with the government, the power and the water which would go with this sale are among the things they are now paying for. An Inquiry for a definite understanding in thia matter waa recently sent to the interior depart ment. . J Boise. Taxpayers Vote Bond Issue Boise, Idaho, May 13. By a vote of 2259 to 41 the taxpayers of Boise Satur day voted to bond the city for $135,000 to purchase two blocks of city property f rontjpg on the state capitol building. Structures' on this property will be rased and the site made into a park and civic center. 1 . Work will begin at once to complete Idaho's state capitol building by erect ing the east and west wings at a cost of $900,000. The legislature appropri ated this amount last winter, but the appropriation was made contingent upon the city of Boise purchasing the prop erty in the two blocks fronting the capitol. Panhandle Bonds Sold to Spokane Spirit L.ake, Ida., May 13. The $30,000 bonds voted to be Issued by the Pan handle Highway district were sold to Murphy, Favre A Co. of Spokane, who were the highest of five blddera. Their bid was par and accrued interest with a premium ot $967 added. No bid waa made for less than par and accrued in terest with a premium added ' ranging from $360 to $967. Morris Brothers., Portland, $653. Tha proceeds of these bonds will be used for the construction of roads and bridges in this highway district - Asotin Will Vote on $90,000 of Bonds Asotin, Wash., May 18. A special election will be held in Independent Highway district No. 1 of Asotin, Wash., Saturday, May 24, to vote on the ques tion of issuing! coupon bonds In the sum of $90,000, and interest not to exceed the rate of per cent for ihe purpose . or. constructing, reconstructing, ira proving and repairing highways. . Bids Invited for Bond Issue Dalles City, Or... May 13. Bids ,f or the purchase of $25,124 afreet improve ment bonds will be received until I py m. May It oyv-D. I Cates, city, recorder. LIBERTY BON0S If you must sell your Liberty Bonds, sell to us. If you can buy more Liberty Bonds, buy from us. . : In this rpaca you will always find the closing New fork market prices on Liberty! Bond for tha preceding cay. These ar the governing prices for Liberty Bonds sll over the world, and tha big nest. We advertise these price dally In order that yoa msy always know the New Xork market, aud tha exact value of your Liberty Bonds. IHl ,1st 4s Ut lt4'S 3d44 8d4H 4tk4H Msrket prices l.74 95.SO 4,00 S6.S4 94. 04 96.16 94.JI6 Flu interest 1.48 l.8 t.7 1.74 2.09 .M Total lOO.lT 87.48 S8.97 97.88 86.18 86.88 94.8S . MORRIS BROTHERS, Inc. ' ., The Premier Maaleipal Bond Hone 6$.ll Stark Street Between Elfth and Mlztk Streets Telephoaet Broadway tlt.1 ' EtUfcUshed Over St Tear . ,''. "Big Brother T HIS is the very 'close relationship the North i western National Bank is aiming for and accomplishing through its "service of satisfac tion." - - Free Gariden and Cmnnin Books i ; v-:-:'.r . .,;-.... . We should like to hand every Portland gardener one of our books on Practical. Gardening and to every housewife a book on the Home. Canning of Vegetables and fruits. These are worthwhile contributions to safeguarding the family-finances. The Northwestern National Bank r- ' ' ' -i: ; " - . : ' A Northwestern Bank Building j Enterprise ALLIANCE IS FORmEO OF BANKING HO IN FRANCE AND U ' i Institutions Organize an Inter national Bank With Capital J . ' of $2,000,000. New Tork, May It. An alliance of French and American banking Interests to promote trade between France anjt the . United States has been effected through the incorporation in this a tat of what la known aa the , French-Ameri- can Banking corporation. The French participant , in the ; alliance isj the Comptolr National d'Kscompte de parln. which takea half tha capital stock. 1 The American Interests are tha First Ni tlonal bank ot Boston and the Natlotitvl Bayik of Commerce In New York,! each holding one-fourth of the capital, j The corporation la capltajfaed 'at S 000.000. with a surplus of $5000tio. paid In. Incorporators are James 8. Alexander, president of National iBank of Commerce; Daniel O. Wing, presi dent of the First National bank of Bow ton ; Maurice Silvester, American repre sentative of the Comptolr Natlojnl d'Kacompte de Paris, and others.! Mr. Silvester will be president There will be 12 directors, six to represent the American group and six the French, group. I : "The French-American Banking cor- poration has behind it the good will cf the three great, established Institn tlons which hold its stock. It Is pri marily a commercial tank aa are all the institutions which control It I It Is expected that it will engage In the ac ceptance business, aod in general as sist In financing trade between the United States and France, Including the irrencn colonies in an parts world. of the Federal Faijn Loans Doing 15 Per Cent Of Farm Financing Washington, May 13. The federal farm loan system Is now doing about 45 per cent of all the agricultural land loan business In the United States. A report of the farm loan board today at the conclusion of the second " year of operation shows that loana closed in tbo last 12 months amounted to $120,238,00(1. The aggregate of farm loans made by all agencies, public and private, 1s est!-, mated at about $800,000,000 annually. , The Spokane district haa cloned over $30,000,000 in loans, more than any The Omaha district is second,' with over $29,000,000. St. Paul third with over $28,000,000 and Houston fourth with over5 $22,000,000. Credit Men Meet Wednesday Eveniii.T Members of the adjustment bureau off the : Portland Credit Men's association will attend a dinner and special meet ing at the Benson hotel Wednesday evening at 6:80. A special program has been prepared. Including represen tatives, of the Seattle and T acorn a as sociations. Membership drawing for th national convention trip and other fea tures have been provided. - . ' , V I to Bllsmess,'