The Oregon daily journal. (Portland, Or.) 1902-1972, July 18, 1919, Page 23, Image 23

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    TIIC OREGON DAILY JOURNAL PORTLAND, FRIDAY, JULY IS, 1319.
HIGHEST APPLE PRICES. KNOWN BEING
BUTTER ADVANCE IS
A RECORD PRICE AT
THIS SEASON OF YEAR
Never . Beror; Hare Extras Sold o
f lUflh for July a, TodayGreatest
Stocks Ever Known Are Held In
' Storage by the Big, Interests.
Further advance of 2e a pound made in
the prteo of butter, effective Friday
morning:, places the price at butter here
at a higher basis than ever before
known at this period f the. season,
( even i wartime prices . being ; eclipsed.
By . the advancettia price of extras
print in plain wrappers has moved to
67c a pound locally.
Beat print butter I prices show, per
pound, for various periods on this date:
" ''"day ...................... 57o -
' . Year ago 4o
Two years ago ............ 42c
Three years ago ............ 29c
Farty in June, from the first to tha
second, butter prices here, stood at 58c
a pound, or- le above the present value,
but this was before the present season
really started, for late in the month the
price had dropped to 53c a pound.''
The highest price ever reached in the
Portland market was on January 9 of
this year when extras in. plain wrap-
pers went to 6 So a pound and remained
there for several days.
The "trade attributes the present ex
' cited tons of the trade and the extreme
prices for extras to the extreme scarce
supply of No. 1 butter at this time.Cube
extras never were so scarce, in the trade
as at this time, due to recent hot weath
er conditions all through, the Pacific
Northwest territory.;
While there is an extreme shortage
of good butter, supplies of ordinary qual
ity are liberal. Storage stocks of but-
ier vu j uijr x in. uie umwa oiaicb wen
87,720,486' pounds, compared with 47.819,
. 035 pounds a year ago for the same
period, an increase T for this season of
y 83.1 per cent, or the greatest supply
that the ice houses of the United States
have ever held.
Most of this butter Is Bald to be held
by big- interests who are - not at all
y alarmed over the present high price.
' . Usiry prodno receipts t Portland Thursday:
BUTTEK
'Pounds.
. .... 660
. 3,365
...'. 1.700
Idaho . .' ...... ...i....
i Oregon
A asliington . . . ..........
Total ....
CHEESE
Oregon .". ,
10.42 6
1.485
. 9.252
Wasiiincton ...
Express Freight
. . .
.. 40 8S
... 75 8
Idaho ... . . .
Oregon . .
Washington .
Totar . .
Grand total
, . 7S0
01
830
CJtAAVFORD PEACHES ABE HERE
Expected shipment of Crawford
peaches from California has finally
made Its appearance In the local trade
with sales at tl.2531.50 per box, accord
ing to size of fruit. Local peaches are
selling' from 76c to II generally for early
'stock, with some very large sizes nom
inally S1.Z5. - -
apricot market rather mixed
Market for apricots is rather mixed
because of the great difference In qual
ity and sire of packages. Royals are
selling; around $1.25 for the full peach
' boxes, ' while Moorpacks are ranging:
around 1 1.7s per four basket crate.
BEBKY MARKETS 'CONTISTTE FIRM J
carry marKeis cqnuaue (im jocaiiy,
with sales of raspberries generally on
the Farmers' market at 13.50. currants
2J.26, blackcaps f 3.25. and loranber
rias $2.602.7S per crate. Canners are
aaid to have, paid $3.25 a crate for rasp
"berries during the day.
EGO vPRICES AGATK ABTAJfCCTO
Further advances in the price of eggs
is shown along the street, with selected
candled stock at 50 52c a dozen, while
current receipt purchases are generally
reported at 46 47c. with rota and cracks
out.
vFOOR QUALITY HEATS ARBIYIXG
While the trade Is easily obtaining 25c
a pound for the best quality calves, less
than one in1 a dozen sells at that price
because- of poor quality. Bulk of the
sales are at 2324o a pound. Hogs firm.
BRIEF NOTES OF PRODUCE TRADE
Cheese markets continues . weak.
Bakers' chocolate and cocoa - up 2o
'pound. r 1
Slight advances noted for starch.
Tpmatoes from Marysville arriving.
Lotfais very scarce.
Chicken market is firm ? at; current
prices'. : .. ,-. - :
Turlock cantaloupes selling at 34$
4.75; Imperial valley at $3S.25 per
standards.
WEATHER NOTICE FOR: SHIPPERS
Weather bureau advises: i
Protect shipments during: the next 36
hours against the following maximum
temperatures: Going north, 75 degrees;
northeast over 8.. P. S. R. R-. 80
degrees; east to Baker, 90 degrees; and
south to Ashland, 98 degrees. Maximum
temperature at Portland tomorrow about
tO degrees.
WHOLESALE PRICES IN PORTLAND
. These are the prices retailers pay wholesalers,
except as otJitnrw, noted:
Oatry. PreducU
.- BUTTER Belling price, bo Iota; Creamery
prima,, parchment wrapped, extras, 57e per lb.;
prim firsts. 66 j tints. 53c per lb.; smaller
lots at an advance. Jobbing- prices: - Cubes ex
tra ,53 54c; prima firsts. 51 (9 32c; cartons, le
higher - - , : ' -
BUTTEBF4T Fortlsnd deBTery basis. 88
lc: country stations, T6 67o per lb,
OLEOMARGARINE Local brands.' SO 9
SOo lb.; tubs, 82c; 1 lb. cartons, 89e: 3 lb.
carter v 85c: Nutmargarine. 1 lb. cartons.
- 81c lb.- ,?.'
CJiEESE- Sellins priest Tillamook flesh
Oregon fancy full cream triplets. 83To lb.;
Toqrig America, 87 38c lb. ..Tripe to job
bers, f. o. b. Tillamook, triplets. 8 Set Toons
.America, 84c Selling price: Bricks, 88 &
40c; : Limborger, 88(S9ct block Swiss, ' 4 7
48c Burins price of Coos and Curry triplet,
83 He; Young America. 84 Ho-' lb- . - . b.
Myrtle Porn, '-i.-,;- - -
- EGGS Buying price, 4SS48e per dosen;
aalrrng price. 9S60e; candled. 02c
EGG si- Public market, retail (telling price,
68c fief dosen; association selling price to trade,
'463He per dosen. , '-' - f
: LITE POULTRY Heavy hens, 2 Re -per
lb.; light bens. 262Sj per lb.; broilers,-25
S0c -lb5 lds roosters, lT18e lb.; squabs.
88.09:' yoong docks. . 28S5e lb.; pigeons,
S1.60e2.OO per dosen: turkeys, .live, SOo per
, lb.; dressed, 40c per lb.; saeae, lite, 17a per lb.
' rraab Wsoetatotas and rrwn -
FRESH FBCITS .Oranges, 85.7S0S.7S
J. B. Steinbach &: Co.
BROKERS
201.2.3 Railway EacAang Building
. Direct Private Wires
TeU -Mala 283-281
Total. 30.717
EOGS Case
Packers Get a
Big Profit
Consumer to , Pay for ' Speculation
in Hide Market.
Br Hrmaa H. Cohem "
The packers are UoS little' bit agi
tated at this time regarding; : the pro
posal of. the. government to regulate
their business, for today they are 'said
to be grabbing down the bipgest profits
known in their history and the pastures
took greener than ever so far as the
future is concerned. If the government
will but let them alone. -If
you have to pay several times the
usual price for your shoes or. other
things that contain a small percentage
of leather, don't blame the packers for,
if you .ask .them, they . have nothing
whatever to do with the problem, ' The
fact that some of them are said to have
accumulated practically the entire take
off of cattle for a period of several
years and are boosting the price of this
stock now, has nothing whatever to do
with the price of shoes. They are real
business men and , are making their
profits while the sun is shining. ' -
They are today paying big prices for
hides ; in fact, far above any previous
recordbut the fact remains that these
purchases do net aggregate more than a
small fraction of the total amount of
hides they hold, most of which wore se
cured at comparatively low prices. "To
boost the price on their huge speculative
holdings ;they can easily pay extreme
prices for the present! takeoff of hides,
for it boosts their lower priced holdings
that much more. ' -:
If you have not bought that pair of
shoes there is no better time than today.
Those desiring Special Information re
garding any market should write the
Market Editor, - Inclosing stamps for
reply. ;. : : r. ; . -
Yamhill County
Has. Greatest Crop
In Entire History
' MeilinnrilW, July 17. Tamhill county will
thrash the largest wheat crop this season tbat
this county erer produced in any one.; year
since toe county was settled.
The bay crop is about alt cut Sad In the
shock, with a largo' crop harvested and quality
as extra good. Spring . oata to fine, making a
good crep.. Cherry ; crop ia good. Loganberry
crop is fine.
Kheat harrest is now on with Abe grain well
fine. , ,
TTew Tork Metal Mark!
New York, July 18. (L N. 8.) Copper
Firm bat quiet. Spot. 21 bid: July. 21 bid;
August, 21 H bid; September, 2224; October,
22 bid; NoTcmber asd December, 28 bid.
Lead Firm. Spot, S.50 bid: July, 5,65
bid; August, 6.85 S?4; September, 6.85
SH; October. 6SM.
Spelter Firm. Spot, 7.80 S.10; July
7.85 ? 7.85: August, 7.87 H 8.00; Septem
ber ,7Ji51j)ee755:
per box; bananas, 99tte per Jb. ; lemons,
$7.55 8.50; Moridt grspefruit. .( ) ; CaU
fnrnia grapefruit. - 85.7570.00; cantaloupes,
81.65 4.25: wstermelons. 8SUe lb. Cher
ries. Bings, 1 8 15c; Black Republicans, OA
10c; Lamberts, 12 He; California Ogs, $1.25
1.50; Oregon apricot. (1.75 peaches, 7 5o
&81.50. : i ? . - . - -
BERRIES Raspberries, 83.25 98.80; logan
berries, 82.50 ( 2. 60; currants, 82.00 02.25;
blackberries, 82.502.75.
APPLES Varkous varieties. $2.60 94.00 par
box.
DRIED FRUITS i Dates, ' Dromedarisa.
( ) ; Fards, ( ) - per - box; raisins, . three
crown loos Muscatels. lOo lb.; fin, $5.00 per
box of 60 0-ox. packages
ONIONS SelUnn prim to retaXtera. Oregon,
85. OO per ewb: association -selling price, ear
load. (- ) f. o. b. eountry; garlic, 60 65c;
green onions, 40o per doses bunches; Walla i
Walla, - $5.00, . -
1-OTATOE8 ening price, $1.85 2 00 per
mt1 buying pries for fancy targe sizes, $1,509
75; ordinary. 81.85 91.50 . eental; sweet.
12c per lb. ; new potatoes. 8 He per lb. :
1TEGBTAR18 Turnips. $8.60 per sack;
carrots, $8.7.6 per saok; beets. $8.00 pet sack;
eabbag,-Oregon, $8Ho- per lb.:' lettuce,
B06So per dog.; cucumbers, 90c $1.60 per
dosen: tomatoes, $1.75(2.00 crate; eggplant,
80s lb:: cauliflower (California). $2.25 per
crate: horseradish, 15a per lb. ; spinach, local,
8c per lb. I asparagus, local, $1.2501.50;
bell peppers, 80c per lb.: peas. 8c Jb-:.rata-
bagas, 82.00 2.2S per sack; string beans, 8 0
lOo per lb.
Msats and FVovltlons
COTJKTRT MEAT8 Selling price: Country
bogs. 27H28e per lb.; beat veal, 25c; ordi
nary Seal. 28c lb -
SMOKED MEATS Tlam. 85 44 He; break
fart bacon, 86965c; picnic. 87 080c; eottag
roll, 86e lb.
LARD Kettle rendered. -S7e per lb. stand
ard. 86 c, tierce basts; cam pound. 29 He, -Fbh
and Shellfish '
FRESH FISH Steelhead Salmon. lS015e
per lb.; Chinook, 18 0 20c; hsllbnt, fresh, 18 0
14e; tomcod. 8c; sturgeon, 18 0 2oc; fresh her
ring, 87c; dressed shad, 6c: shad roe, lOe lb.
SHEXLFISH Craba. $2.25 06.00 per doa.:
shrimp meat. 62e per lb.; lobster. 30c, per lb.
.-' Oroosrles '
- STJGATt Cube. $10.50; powdered, $10.28;
fruit and berry, $9.63; D yellow, $9.05; granu
lated. $9.63; beet. $9.55; extra C. $9.25;
golden C, $9.18. i
HON ET New, ) per case. -
RICE Japan style, Nov 2, Ilea. New Or
leans head. 1818 He; Blue Rose. 114 012e
per lb.
SaXT Coarse half ground, 100s, $17.00 per
ton; 60s, $18.50: table- dairy, 60s, $26.60;
bales. $ 3.1 5 8.55; fancy table and dairy,
$32.50; lurarf rock. $25.00 per ton.
BEANS Oregon (sales by jobbers) : Lady
Washington, ' 7 4 0 8e per lb.; pink, 7 H c per
lb. ; lira as. 10 Kc; bayou, T Vie; red. 7c; Oregon
beans, buying prices normal.
CANNED MILK Carnation, $7.20; Bor
den. $6.85; Aster. $7.10; Essie. $10.70; tibby
$6.85; Telobsn. $6.79; Mount Vernon. $7.10;
HsElewnod. $6.85 case.
COFFEE Roasted. 8751e in sacks or
drums.' ''
SODA CRACKERS In bulk. 17e lb. "
NUTS Budded walnuts. 81 0 85e lb.; al
monds. 24 0 29c; : filberts. 28o in sack lota;
peanuts, 16c; pecans, 25c: Bnsils, 85c.
. :. Ropas, Paints, Oil
ROPK 4SIal. dark, 22e; white, 22 He lb.;
standard manila, 25 He. "v
LINSEED OIL Raw, bbla.. $2.82 gsT; ket
tle boiled. bbK, $2.84; raw. cases. $2.84;
boiled, esses. $2.44 per gal.
COAL OIL Water white, in drams or iron
bbls., 11 He gaL; ease, 24c gaL
GASOLINK Iron. bbi. 23 He; eases, 34e;
engine distills te, iron bbls., 16c: cases. 26 He
WHITE LEAD Ten lots. 12 He; 600 lbs.,
124e.
TUBrEJNTrNE Tanks. $1.21; cases. Sl.il;
19 case lota, le less. -
WIRE NAILS Basic prtea. $5.16.
Hops, Wool snd Hide
HOPS- Nominal. 1918 crops; contracts, 1919
crop, 45060c per lb,
HIDES No 1 aalt cured hides, SO lbs. and
up, 82c: No. 2 salt cured hide. 80 lbs. and up.
( ) ; No. 1 green bides, 80 lbs. and up, 25c;
No. - 1 salt cured bull hides, 5 lbs. and
np. 24p: No. 1 green ball hides, (0 lbs, and up,
17c. The price. of Now 2 bides will be lc per
lb. less than No. 1. No. 1 calfskins, up to
86' lb.. 75c: No.' 2 calfskins, up to 15 lbs..
0;-No. 1 kipskins, 18 to 25 lbs., 30c; No. 2
kipakina. IS to 28 lbs., 25e; dry flint hides, 7
lbs. and Bp. 40c: dry salt atag or bull hides.
20c; dry cull bides, 7 lbs. and up. 24c; dry
salt ea.ll bidea, under 7 lbs., 60e; dry flint stag
or bull bides, 25; dry salt atag or bull bidea,
18c; dry hides and skins, bait , price; dry
bono bidea, according to sise and quality, each
81.6008.00: aalt bene bidea, ekfoned to hoof
and bead on. $5.00 0 8.00; horse hides with
beads, off, SOe less; dry long wool sheep
pelts, per lb., S5e; dry medium wool sheep
pelts, per lb.. 20 0 80c; dry shearling sheep pelts,
each, , 50 75c; salted long wool sheep pelts,
each,, $2.0094.00; salted medium wool aheep
palta, each, $1.00 9 2.00 i salted shearling aheep
pelts, each, 50 0 75a.
MOHAIR Long staple, 60 0 55o fix: abort
staple. 40 948c per lb. .
' TALLOW AND UREASE No. 1 tallow. 13c;
No. 2, : 12e; No, 1 1 grease, 10c; No. 2 grease,
CHITTIM OB CASCARA BARK Hew peel.
WOOL Valley H blood Merino and Shrop
shire, $0a; Cotswold and Uncoln. 40 945e;
matted Cotswold, SO 0 35e; timber stained. So
per lb. leas: lambs' wool. 4o per lb. less.
Eastern Oregon, - Eastern Washington and Cal
ifornia Wool Merino and Shropshire, 85 40e:
H blood merino and CotsweOd. 87 042c: Shrop
shire, 87 0 42e: Cotswold and Lincoln, etraigbt
and amued, 82 9S5e; burry. 5a per lb. less;
lambs', 4c per lb. le-w. e ' '
Fine Wool Merino combing and carding
grades, 30 035a .
RECORD PRICES ARE
OFFERED FOR APPLE
SUPPLY IN SECTION
Columbia River Districts Get Big
Quotations for Everything Taty Are
Willing to Dispose or" Europe Said
to Bare Made Purchase, 1 ' ' .
With perhaps the greatest output of
apples that the Paciflo Northwest has
ever known, ; apple growers . are today
reaplna; ; some profits for - their early
marketingr that would make them gasp
In even what ara considered high priced
years. fc
For early apples such as Transparent.
Rood Hirer and .allied districts ars to
day obtaining $2 a box there and it is
stated that practically the entire Co
lumbia river crop has been sold. This
value , is also obtainable at . this time
for-practically all the early apples.
Enormous sales of , Spitzenbergs fart
reported from $2.60 per box up. t. '. b.
Hood River,, with plenty of bids at , 3-
snu no growers wuiing to ao Business at
that price. In fact, 'many arrowers are
showing no disposition whatever to con
tract their better grade and variety ap
ples Just now because they feel that if
record values are being offered thus
early in the game, still higher ones
would be obtained later when the stock
is really ready to shin, ; f r t ; .
"Tho apple market is extremely r ex
cited all through the , Columbia river
districts,' says John Sheridan ot the
Sheiidan-Beckley. company, who has Just
returned from a scouting trip through
that section. . "Growers are , not offer
ing freely and the offerings available
are quickly picked Up. While most of
the purchases to date appear1 to have
been made by New Tork parties, indica
tions point to the fact that the ultimate
destination of these supplies is Europe."
, . ' ,' I " i
Very Irregular
Tone in Stocks: "A
Early Prices Mixed
- STOCKS CLOSK STCADY .
New Tsr, July 1S (I. N. S.) Ths stock
market stosad steady today. : The ! tens was
steady In the late Sea Unas, hut realizing sales In
the. final mlmrtea developed s aharp iwaeUens.
Unned tate Steel eemmew. after selling as te
llC.drsoped te llfVa. Oeneral eiearg rose
ever six saints U SO'A- Studsbakar, after sail,
ing up to 1174. fell to 11. Clestns pHoas
were: United State Steal, 111 H i Royal Daton
ef New Vera, 117 j stuewbaker, 112, b. a
O., S; Weetinahouo,xSTI Erie, 1Af U
rino preferred, 11T laternaUensJ Paper,
7SH. , :r r,;--
Sales today, 172,200 shares; bonds, 813,.
707.OO0.
NSalaa for the ' wash were S,7B2,806 shares:
bends, SS3,42S,000. ,
Now Tork, JTuly 18. (L N. &) The atoek
market showed an irregular tone at the opening
today, with .Blast et UA standard issues weak.
Steel common fell V, to ill fc. knj Crucible
Steel showed a loss of 2 H at 185 H. Cuba
Can Sugar apened X H lower at 83 H . snd Ma
rine common, after opening ' H lower at 68 yk '
moredto63. ' . -i, -. ,
The lower priced rails were In good demand.
Missouri, Kansas et Texas moved up 4 . Mexican
Petroleum, after opening 1, point higher at 187,
fell to 184 f4. Stodebaker- asored ap 1 point to
1 14 . United Cigars showed an opening loss
of orar 1 point at 184 It.
The market at the end of the first 15 min
utes was highly irregnlaa,
A eery weak team developed daring the fore
noon; heavy offerings causing declines of from 1
to 5 points. -. " 1
Steel common dropped from 11214 to 1104,
Crucible Steel nearly S points to 18314, Bald
win Locomotive IK to 114. Marin common-2
points to 62 H. AJax Bubber S pointe to 108.
Mexican Petroleum points to 182, Sinclair Oil
over 1 point to 62 K . Can Sugar 3 K to-32.
6L. Paul MmfflM S ntint, tn J. fi u
Hsren 1H tol. .
Stuts Motor waa a strong exception, moving np
over 10 points to 128 H. '
Selling Pressure
Sends Grain Down
By Joseph F. Prltehard
Chicago. July 1. (t N. 8.) The entire
speculative list on the board of trad showed
sharp losses daring the day's session. Lome
were made of 4 c in July corn, 441&e for
September and 2 8Hc for December. .
Oats war also a weak spot, but this grain
held np better than the others, showing declines
of only leiHe.
Provisions were sharply lower, pork losing 80
g7So. lard, ae70g, and rig; 67 it 76c.
- Chicago. July IS. .(I. N. S- Continued aell
Ing by commission houses, together with a mora
favorabl weather report, were factors in causing
a drop of 1 to 114 is com prices at the open
ing today; , r
Oata were etff V ! th. ..
path, with com: " r.. r.yr
Provlston were lower on commission hrraxe
euing, end th ton of the market waa unsettled.
Range of Chicago price aa furnished by th
United Pre; i ,
; CORN f .
fTnert. : Hiah
Close.
180H
1 80 "4
160 H
July .... ,. 1 98
18TH
188H
168 Vi
September .,.188 : 193 H
December ..,.163 : 162
. .' : 'OATS '.
July ...... . 79 T U
T7H
S0
78 14
78,
80
September . . . 79 H 79 H
December .... 81 81 H
' - . POBK
July .....
September
. . ; 6880 '
... 8175-
642S
8115
(1350
5000
830
3350
2800
2778
8850
5045
8372
9882
2800
2779
I4AED
July . . . ; .
September
: . ...!i '. '. ...
July , . . . ,
September
887S
8480
8415
S485
BIBS
2800
2800
S882
2842
Ifew Tork Boad Market
of Trad building:
Atchison "IJenl. 4 ....... .
Bat. as Ohio Odd 4s
Bath. Steel Bef. 6s
Cent. Pacific 1st 4a .......
C. B. as Q. Col. 4s ......
St. Paul GenL 4H-....,
Chicago T.W. Oenl. 4a
U a N. Cni. 4s
New Tork By. 6s .........
Northern Pac p. U 4 .....
Reading GanU 4a .........
Union Pac 1st 4 ,
U.S. Steel 8s
O.'p, first rt 5
Southern Pac Conv. 4a ,
Pens. Conv.- ilti
Pens. 1st 4Hs
Cbea. as Ohio Conv. 8a .... .
Oregon Short jn 4s ....
Bid. . Ask.
80 80 H
74 . 74
SW i, 1H
78 , 78H
77 H t. 80
SO ., 81
85 85U
14 i i. IS
80 -i 81
82 83 54
a : S
100 ! 101
79 V S 80
88 , 85
5 H
S4 H ; 85 H
80 H i 8H
85 . 8S
New Kecord in !
. Milk .Price Is
IHlpeached, Again
" , " 1 ' 3,' il'.l, '
iTery sharp ad vasee of tSe a ease
was seud dsrlss; . the day tor
raaaed milk by tee Carnation Milk'
Prodactg Co. The adrasees iaclsds
Carnation. Mt, Yeraoa n aad ; Aster
and follow th recent rise of lie per
hundred posads ia the bsyinr pries
of milk at the eoadeasarles. This Is
a record for this period of the y tar.
OFFERED GROWERS;S;
VHfAT GROVERS ARE
STILL IN ERROR IN
Official " Notice of - the Ciovernment
Misunderstood Only : Congestion
Would Force Higher Prices to Pro-
i teet Farmer Against Loss.
NORTHWEST
GRAl.Nf RECEIPTS
Csrs-
Whsat Barley, lloue. Oata. Hay.
PortJand, FrV
REGARD TO PREMIUMS
.-. 4 . ... 7... 3 1 ... .
1 S
io - as ST . 4 is
28 9 "' il it US
5 .. 4
:r -. M,
20 - 14 ' ' . . 17 9
. . S v 4 1 S 1
, 1 1 .. 1
"i t ' 21 14 is
1 i 3 70 4S SI
Year ago . . . . . .
firason to date. .
Tear - ago . . . . .
Tacoma, Tbura. .
Year age .....
Season-to date. ,
Year ago -
Seattle; Than. . .
Year ago . . . . .
Season to date . .
Year ago . . . . .
r There appears to be a general mis
understanding: among many " wheat
growers of the Pacific Northwest fit
this time in regard to tho price they
can obtain for their wheat.
The opinion; prevails quite generally
that tho. government is still paying a
premium - over the guaranteed prices.
This is not so, for tho recent announce
ment of tho grain corporation, through
Max H. Hooser, indicates this. The
advice of Mr. Houser, printed several
days ago, is. therefore repeated hare : .
r "The grain corporation having made
only small purchases of wheat : and
movement from farms not warranting
it, there will be no advance in premium
over the guarantee price put on by tho
wheat director before. August 15. , s
"About v that date, another review of
th situation will be made, and an
nouncement follow accordingly."
According to Mr. Houser, this an
nouncement means exactly what it says
iso premiums are being paid, but on
August 15, It is planned to again review
tho situation, and if there is no con
gestion at the markets, it is not likely
tnat any premium will be offered then.
Premiums at any time are paid only to
protect the Wheat-growers against loss
by holding when he is compelled to hold
his wheat because . of - the inability to
get it to market by reason of railroad
or warehouse congestion at the basic
points..
- Pacific coast crop report of - th weather
bureau:
hindered by excess maisture, wheat and cats in
excellent condition.-
Ctaii Harvesting and thrashing of wheat,
rye and barley progressing; fair yields generally,
but failure in some sections. Oats, corn and
alfalfa growing fairly well, cutting second crop
aJtaUa. conshlermble spring wheat has been eat
for hay in th northers portion.
- Nevada First . crop ;, alfalfa practically all
stacked, second crop making . good . growth.
Wheat, eais and barley filling well, ripening la
earlier districts. ' ' ;
Idaho Good ; harvart weather, mnch wheat
cut, considerable spring -wheat in north eat for
hay. Heat eausins too rapid ripening ' f . eats
ana parley. Uood corn weather crop growing
well. : , . .. ,
VVashrn rton -Warm weather without rains was
unfavorable for spring wheat and oats, bat
ripened grain rapidly, cutting of winter wheat
becoming general, will be in full away next week,
yield good. Spring wheat maturing on short
straw, very, poor on light dry sails. Corn
good progress in irrigated valleys. Hsying
era! and large crop aeenred. Oata doing well.
California Warmer weather advanced the
growta. of . corn and mnchtbreshina has been
don. "Wheat and barley yields uneven; con
siderable waa shriTvJed by hot winds. Oat bay
la mostly harvested, crop fair. ,
-. Th grain corporation sd rises: ' ,
"Supplementing our .Bulletin No: 2, dated
July 11. 1919, in which w advised .that , the
old food administration licenses would not tm
pi re until th president" proclamation, declar
ing peace with Germany, bad been iasaad; we srs
now sdrbed that all new deaJers subject to U
cens under th wheat director, who hare began
business since the food "adtotnistratlon . ceased
actiTe operation in th issuance of licenses, and
who therefor do not havo a food administra
tion license, must secure the sam in addition
to their wheat director license.
"Pleas : not that w do not supply any
blanks from this office, for the food adminis
tration license. You should write to th U
eens Division, United States Food' Administra
tion, Washington, D..C, stating the nature and
volume of your business, also stating that you
hare secured or applied for a new lieens under
the wheat director.
"Both lieens number must appear on your
stationery, invoices, etc, until such time a the
food administration license may expire." ..'-
FLOUR Selling price: Patent, 811.48; fas
fly wheat nour, 811.85; whole wheat flour.
810.80 ? 10.76: Willamette valley. 811.88; ia
cal straight, tll.SS s11.88; bakers' loeL
810. OOll.lO; Montana spring wheat, - patent.
811.10; rye floor, 810.00; oat flour. 810.00;
graham. 810.16 A 10.50. .Price for city deliv
ery m live narrei iota.
HAT Buying
Price, new erao; WIUamaMa
ttmotoy
fancy. 828.00; Eastern Oregon-Wash.-
ingtan laney timothy. 832.00; alfalfa. 428.50:
valley vetch. 828.00; cheat. $22.09; straw. $5
WS; clover, 820; grain, 822.
GRAIN SACKS NormaL sew crop delivery.
No. 1 Calcutta. ltaOliii is tmx lot.; uZi
amounts higher.
4MELLSTTJFFS Mixed run at- mills, ascked,
BOLLED OATS -er ton. $59.00 61.00.
ROLLKD BABXET . Per ton. 859.00 O
62.00. -
COHN Whole. $78.00: cracked. $78.00
sivrehanta Exchange bids:
FEED OATS
July. Aug.
...... 6800 5600
BABXET
. ...'SI SO 6150
Sept,
5600
6150
6200
No. 2 white
Feed
A .-,; 6250- 6250
Eastern oata and eorn in bulk:
OATS '.. ' "
No. 8 white 5450 8450
88 lb. dipped whit .. . 6600 ' 6600
COBX
No. 8 : yellow , 7850 ' 7800
No. S mixed.. . 7200 7200
6450
6600
7800
7200
PorelgB Boad Market '
Furnished by Ovecbeck Cook Co.,
of Trad building : Bid.
A. F. 6a Oct. 1920 . . . . . . . . 97 -
U. K. 5Vs Nov. 1919 ..... 99
U. K. 5 Ha Nov. 1921 98
A. r. See. 6 Aug. 1919.... 99
Bap. Franc 5s 1931 .. 182
Pari 6a Oct 1921'. 9IH
Marseilles 6s Nov. 1919 ...... 98 hi
Russian Extn. H 1931 ..... 0
Russian InU. 6Ha.l926 ..... 100
Don. 5s Aug. 1919 ........ , 99 44
Doga. 5s April 1921 ........ . 984
Dom. Ra April 1981 ........ 94 14 '
Item. 5s April 1926 ........ 964
Argentine 6s May J920 ...... 99
Chin 6a 1919 8H'
Iom. Canada 6s. 1937 ........ '-: 86 "4
U. K. tUl 19S7 .......... 974 '
Board
Ask.
9714
100
99
100
140
97
99
52
106
100 "
99
.96
974
99T
100
97
98 .
. TTarat Stereo Market ; '
Nw Tork, July 18. (L N. S.) Turpen
tine Savannah. $1.14; New Tork, $1.2$ 0
1.23. .
Rosin Savannah, $14.50 015.10; New
Tork, offered $18.80.
-r. - r 1- , sjs 11 1 u . . j- ' "-V-"- yf-
XlTerpool Cottos. 3Iarket
iJvwrpool, July 18. (L W. S.) Spot cot
ton was in moderate demand today. : Price
firm. Sale for th day were 4000 bales,
American middling fair. 28.77: good middling.
22.84; fully middling. 21.24; middling. ( ;
Hw middling. 19.49; good ordinary, 17.84; sc
dinary. 17.81. : ;
Futures opened steady.
Repsblie Steel. Report
lsrw Tork, Jury 1 8. -Republic Iron V Steel
quarter ended Jan 80, 1919. arjrplus after taxes
and charges, $510,916, equivalent after deduct
ing of preferred dividends to 27c a share earned
w u 4,ss,vw common smcx,
ri:ftSa''Fraaeise",Oats Market'
San Francisco. July 18. tU. P.) Cash
grain '
. Oats Bed feed, $2.8002.90 per cental, with
rr leaned t $$.1002.25; black, $2.9003.00.
And $3.1003.25 for choice recleaned; red milo,
$S.lO0$.12v. - -
EASIER TONE NOW N
INDICATED HERE IN ;
THE SVINE MARKET
Tops Still Commanding $22J25 but Run
I s Limited and Demand Apparently
fj'o't So Good Cattle" Steady Sheep
Alleys Are Quiet. , j f ;
. PORTLAND LIVESTOCK BUN
Bogs, Cattle. Calvea.
Friday ...... i 91 2
Week ago.... 205 - 67 2
Two weeks asu Holiday
Four weeks ago, 64 ' 27 j... . .
Year ago TOO , 150 ! f' ...
Sheep.
1184
LI
8
32
i- 418
750
180
1104
88
Two years ago. . 52 - 66
Three yean age 681 . 79 ! !
Four years ago. 256 .-' t 78 . : .
1"
Only small run of hogs appeared In
the North Portland yards during tha
day. While early sales i were - agraln
made as high as $22.25 ; fpr ! tops, still
there was an easier tone indicated in the
situation g-enerally and this would in
dicate that killers here were about to
withdraw their extreme valuea. r .
Gettesal hog rang:
Prim mixed ......
Medium mixed .....
bough heavies .....
2r3S81.60i
.. 19.76 J SO.OO
19 25 20.15
"rga ',... ... .. , ....... 1
Bulk ....... ........ P..
CatUe SitaatloB
4
i ss.oo
Steady.
, .: Situation in the cattle trade continues
of steady character with a scant supply
Showing- up for the day's activities.
There were no tops available and ex
treme prices were therefore not given a
test. "'. !K
Oeneral cattle rang: ' - ' ! i "5'"
flood te choice steers. ........ $10.00 A 11.25
Fair to sood steers I ..... . . 8.60 1 9.60
Common to fair steers . . . . ... , . ' 7.00 m, 7.50
Common steers'.......... ... 6.009 7.00
Good to Ttioioe cows and heifers, 7.50 8.50
Medium te fair eows and heifers. ' 6.009 6.00
Canners 8.B0 8.00
Calves . 9.00 15.00
. MmtteaSitsatiou.Qai".
Another, rather liberal Jrun of sheep
and lambs made its appearane ia the
North Portland yards ovtsrnlrht with 'a
total showlna of 111 head.;
Killers were a-raln slows buyers but
durinr the last 24 hours! former prices
generally maintained. ; t
General sheep and Urnb tangvt
Prim lambs
$12.O091$.00
Fair to medium
T earling ,
lamb . . . .
6.009 8.00
6.00 9 7.60
6.00 0 7.50
weuier .. .
Ewes ...........
Ttwtesy
Afternoon
EWES
Sales.
No. Av. be.
3.... 73
11.... 100
8.... 183'
Price I No. !
Av. Iba.
' Price
85.76
: 6.00
102
125
8.00 I S.,t.
7.2$ J I
YEARLINGS '
87.00 I 1....
LAMBS
. .105
100 188.00
48.
42.
152.
. 81
.;, 7
$12.50
12.50
12.50
12.60
9.00
94.....
10. .. ,
162 p ;.
21..
5 . , '. .
. 79
58
71
81
66
$13.60
S.60
18.00
12.25
. 12.50
. 8
. 77
. 76
.1115
.94
1 $78
BULLS
$7.00 f 1..
STEERS L
.1470 $6.75
26....
5 . .
" - 'v
13....
8...,
S a e
18....
27....
$9.50 I 4..
COWS j
$7.73 I
BOGS i
..1072 $10.50
925 $6.50
220 $21.50
1165 21.50
28$ 20-00
240 21.25
206 22.00
9J.
265 $21.50
120 20.00
212 ' 21.29
200 i 20.50
6.
12....
1....
Friday Mrnln
STEERS
Ko. Ave. Iba.
.... 00
- : i
1....1710
4.... 950
1....1000
8... 710
Price. I No.
Ave. lb.:, Price.
$ 7.60 I
BTJTXS
$ T.00 J
COWS
$ 5.50 t 1....
7.75 j 7....
6.75 1 8
780
920
920
S.60
7.60
7.25
HOGS
218 322.25 I T. . . .
8...
203 $22.25
AMEBrCAK. I.ITE8TOCK?' PKICES
. ' Ohleaee Hogs C22.40 r -
Chicago, July 18. U K.1 8.1 Hogs Re
ceipts 16,000. Good and choice steady te 25c
higher; puking and mixed unevenly lower. Top,
822.40; heavy weight, 620.750 22.25: medium
wtiiht, $20.65 022.85; light weight, 830.75 0
22.40: light lights. 820.60 0 21.65; heavy pack-
Inx sows, smooth, 819.60020.60; packing sows.
rough. $18.60 iv.ee: pigs. i.obiw.i.
Oattla Receipts 4500. Steady. Beef steers,
choice and prime, . $17.00 0 18.25; medium and
good.' 818.00 017.00; good aad choice, 814.75
17.25: common ana mea'um, . a m
butcher cattle, heiefera, 87.50 014.60; cows.
$7.25 013.05: bulla. $8.50 012.50; canners
and cutters, cows and heifars. $5.7507.25
eanner ateers. 87.00 ef 9.60 r veal calves, light
and handy weight. $18 25 18.25; feeder steers.
89.ooiMlz.so; atocker steera. ss.ooaii.so:
atneker cows and hetiora, $7.000 9.00; atoeker
calves, $8 00 012.00.
Sheap Receipts zo.ooo. native lambs un
evenly steady to 25 lower; sheen - ' steady.
Lambs, 84 lb, down, $15.00017.75; lamba,
culls and common. $10.00014.75; yearling
wcthera. $10.50014.00; ewtM, $7.28 09.60;
ewe. cuUa and common. 88.00 S 6.76: breed-
sng ewea, $7.75 014.90; feeder Umba. $11.75
SFte-t-e. f.,
omana Nogs szi.tb
Oman. July 18. (L N. a) Receipts 7500.
Steady and 16e tower, Bnlk, 821.OO021.4O;
top. $21.75; heavy weight. $21.20021.60;
medium weight. 821.25 02175: light weight.
$21.40021.65; heavy parking sow, smooth,
$20.85 0 21.15; packing sown, rough, $20.75
021.00; pigs. $18.06020.00.
Cattle Receipt 1100. Feed cattle firm;
era cattle slow te lower. Beef steers, choic
and prime. $16.75017.80; medium and good.
$18.75016.00; sood and chotce, $18,600
17.25; common and medium. $11.75 015.75;
bntehet cattle, heifers, $6.0008.00: eanner
(teem, $14.50 0 16.00; veal calves, light and
bandy weight. $10.50018.50: feeder steers,
$3.50012.25; atoeker cow and heifers, $8.00
011.00. , 1
Sheep Receipt 700O. Steady. Lambs, 84
lbs. ! down. 816.25 017.50: lamba, cull and
HaAOQUARTCItS
LIBERTY BONDS
.. We BUT and BXX any
amount. , Nw Tork quo-; '
; tatlona by wire every 1
fnorntaa. Interest in-
. eluded: -
IHs.. t
' 4S...........
$S...........
t.7S
94.45
94.18
1ft
tad
1ft
Sad
8.d
9i.S9
94.68
96.43
9S.93
199.73
4th
vMt..i,
Tletorr J4s.
If rreessary to seli your
Bonds, bring- them to us.
We pay highest local
prtcea.
ROBERTSON & EWING
Cxeluslv DesJer In '
AQVSRNWKNT, CORPORMTIOM AW0 "
MUNICIPAL. BONDS.
. S07-8 N. V. steiak iwiiB.
Storks Bosda, CotUa. erala Xte.
216-21 7 Board of Trade Bella's $
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
- - . . . ' ...... .
STom kers Ckicaf o Board of- Trade
Correspondenti of Lores Bryas
. . Cal cag-e ttw Tork
High Living Is
Costinjg More;
Mushrboms Up
The eost of klKBrllrlBr Is an ply
showm la tke price of Prsaeh at ash
rooms. J?ew Tork Importers are to
day snotine-" one pesnd cans at
IMi each, while the normal pries Is
less than 29e a can. It Is stated that
most of th mstkrooms are rrewa
la eellart aad these were utilized for
other pm-poses dsiiag the war-
onunon. $10.$0 f 14,60; yttarllng . wethers,
$11.60 0 1$.50: ewes, $7.78 0 9.00; ' cwea.
cuHa and aommon. . $8.75 07.75; breeding
awes, $13.00 014.25.
Kan City Hogs $22.86
Kansas City. July 18. (L N. S. flattie
Beoeipte lOOO, steady. Steers, $11.50tM16.00:
cows and heifers. SI u.OO a 1 a Oo atnnk.r. iwl
feeders, $8.00 11.60; calves, $9.00017.00.
Hogs Receipts 4000, 15 0 250 higher. Top.
$22.20; bulk, $21,900 22.16: h varies. $21.80
Sheep Receipts 3000. Ko markeC '
DAIBT PBODUCE QT THE COAST
Sen rrnnclso Market .
San Franeisee, July 18. (TJ. P.) Bntter
Kxtras. 67 Hot Orsts, 62c; prima firsts, 65c
. Eggs Extras, $1 He; extra puUeta, 46. '
Cheese Fancy. 8 $c ; ; firsts, 80c
- tMle auffcrt - T .
Seattle, - July 18. (TJ, P.) Batter Local
eountry creamery, 66e. .
Egga -tcl, strictly fresh. 66e; pnllets, 48c
: Che Washington and Oregon triplet. 85c
: Les Ansel Market . .
Jf iagetos. 18. (t N. S.) Butter
Calif ernia creamery, extra. 62c
Ksas Fresh, extras, 61e; case count. 50;
nuliata. 45c ' ...
POTATOES ALL ALOJTO THE COAST
: San Prancisoo Rtarfcat . .-."
- Sen Fracisoo. July 18. .(U. P.) Potato
01d crop Oregon - Burbanks, 82-25 2.85
per cental; Washington round whit. 82.00 0
So Si JTJ,rop srsa, $8.00; River White,
33608.00: sweets, 607 per pound.
. Onion Tenow. 83.7504.25 per cental on
the atrset; green. $L760 2.00 per box.
. Los An- Market
Los Angelea. July 18. (L N. S.) Potato
pa pa
foxsuo
noon
COMMERCIAL
V3
DEPARTMENT
STATfj I
DC PI I
mYlMG AND RECEIVING TilIiJJ5
CCfflttCRCIAL. DOOKKCCPCRf
a a a a d o a
V. fBXRAL rrESERvTS
I ' Eftsw SYSTEM
I m I I I II IB a k. I aTaTaTBatsntswBaSnva. V L
a w-Msaw i 1 i ; ; i i i mi is i -. a r i w v r'avv a
.-r ' -
. ' V - " ' H- - " ' ' ' .:' "''V''-1. :'''"'' :'' "-.".".-.:' : ,' ; '.'-'"
' " . '-'"- ' r ... " "
Stockton Burbanka, 82.5002.75: Idaho Rut
sets, . 62.26 0 2.60; ' new stock, bom grown.
Whit Robs, 81.00 01.25 box. -
RISE 1ST ' COTTOK
; . , CITES "WAT TO . A XOSS
New Trk. Jaly 18, (t. N. A) Thar was
aa active corerlng movement at th cotton
markeV opening today . which caused ' a ; rise of
80 to vT5 points. : Cnexpected heavy rsina ia
Georgia together with first csblss furrJahsd th
motive for the demand. Liverpool wa a good
buyer of ah late months.
Th Sonth nnd WaM street aold.
At th nd of the first 18 minutes the mar
ket showed an easier ton at a drop ef about 80
paints from th top, , , :
We w Tork Bacar
New Tork. uJIy 18. (U.
aad Coffee -
p. ) Cof f e Spot,
G7S.OOO TiHamook County
ROAD:
- Satedt Jaly 1, 1319 Matsrls; Bertally, Jaly 1. ll4-3
. This issue of Bonds Is a direct and greneral obligation of the
entire County of Tillamook. The assessed vaiuatlon of the
: property pledged to the payment of a total bonded indebtedness
-" of only 17$.00.00, is over $21,000,000.00. We. recommend these
Bonds as very desirable for investment purposes.
PRICE: TO NET 48D
LIBERTY AND VICTORY BONDS
If ws must Mil yeur Liberty se Victory boeirt, salt to us
If res sen bay mere Liberty or Vtetery bofies, buy from s :
Today's opening Nsw Tork market pricea ar as given below. Tbey are th govsrnlcg
price for Liberty and Victory bond sll over tb world, snd th highest. W sdvartts
the price daily in order that you may always know th Tf ork market and th
asset valxst ef your Liberty snd Victory bonds: - . ' ,
lit 2nd 1st Snd ' '3rd 4th Tletory Victory
SH 4s 4s 4Hs 44 HS Hf 84 4s
Market price. . . .& 99.8698.94 98.88 94.09 94.04 94.94 98.86 100.00 99.66
Aoenied interest... . .33 .87. -.70 .89 .74 .1.45 1. 10 .60 .77
fwal...... 99.68 34.81. B4.0S 94.4$ $4.7$ 9$.$9 94.9$ 100.60 100.7$
: Wben buvin we deduct 87 on a 850 bond and 82.60 ett a 81000 bond.
- ar - 41 . a. Ak.. SJ V.
Wa seU at th New Tork
arglar and
Safe
MORRIS BROTHERS, INC.
VMS PRIMict MUSJlciPSk BONO HOUSK
- SAorHi Bulldlns, 809-81 1
TaMohene redway 2161.
nOPPlSON STREET n 4
CRUST
DEPARTMENT
I-OBBV :
N.W. DANK
BUIL,DINO
Lcxurrry
iNTLSiOO CLtAttiMi
- OtPARTnCNT-
How To Prosper
np HE man or woman who opens a
.' II Savings Account ; at the North-
western N art i o h a 1 Bank and
steadily adds to that account week by
week, month by.mpritlvyear by year
rwill forge ahead financially. Here
is the place and the'facility for sav
ing, YOU must supply the ambition,
energy and farsightedness to take ad
vantage. - -
Note the convenient toca
' tion of each and every de
partment in diagram above.
MEMT3ER
FEDERAL RESERVE
The Foreign
Department
of this bank, is adequately equipped to handld
the $ccounts of firms brmchtns out Into'export
SY5TEM
ahd import trade, with the Orient, European or
South American countries.
.. .- -- ...',-.... .
. We are glad at any time to consult with in
dividuals.who are Interested In these directions, -and
to give business advice or lnformaton.
Sss . ' Correspondence and
LADD & TILTON BANK
, Washington and Third
No. 7 Rio, 28 He; No. 4 Rsntos, 3 lie.
Sugar Centrifusal, $7.28. .
St. roaU Metal (Markft
St Louis. July 18. tL N, B.) C ii
Strong. 8-..40
Slab ainc Firm. $7.80. -
. , Wall: --.Street. . Loan Increase
"Wall Street brokers' loans hav
touched the fsrure of $1,600,000,000, ac
cording to the Wall Street Journal." This
shows considerable expansion, as about
June 1 brokers'- borrowing were slight
ly; over $1,000,000,000. These accom
modations cover both call and time obli
gations together with loans on Liberty
bond collateral.
' "'I ''"1
market plug the accrued interest.
OD0tf Bsss for nans..
Stark St, SUi and Sth.
Eitabllihad
ever 35 year.
OUAATEPLSj
Na'lS ca riKt?
-N UTVV llwVJa
rC30UT!ON
WS EXCHANGE
w , y rrrriA rvrMrkrre
kLrrv-tii ium tw
EZ1
tost
ccassve
Ttuxa
HtiUiL
SfMNCS 500KKCCPCUS
a m n a
Q
a
m
Si-
interviews solicited.