THE 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
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(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,'