The Oregon daily journal., January 21, 1920, Page 12, Image 12

THE OREGON DAILY JOURNAL, i PORT LAND, " WEDNESDAY,; JAN UARY 21, 1920.
SEVERE: LOSSES ARE SUSTAINED BY ALL APPLE SHIPPERS
- Edited by : -flyman
H. Cobra
FOREIGN TRADE IS HAMPERED.
Edited by ,
Will P. Hrs.sU.
. ""a-, "- a ' ' .
rs
EASTERN SALES !
SEND EGGS HIGHER
: ' Bids for Current Receipts at Kc to
48e Dozen for the Day Need of Sup
, ' pile to Fill Cars la Big Factor.
Need of additional supplies immedi
'ately to fill two cara for ahlpmenta to
New York, 'caused two of the t o. b.
eg Interests to bid higher prices for
current receipts late Tuesday afternoon,
and the market today reflected this
change in sentiment.
r. a. h. bid tot currant remit general
ly at 4Te s down. Portland Minn, during the
day, but M high u 48e m bid and someiof the
Front (tract boaeea.soM limits supplies m high
a 49e a duMn.
The better feeling in , the cetera trade Tues
day was (actor which enabled the trail to bid
' up for supplies, although toe fneral buying price
here haa in reality been lower than it should.
Mnet of the t o. b. houaea were bidding 4ie
doseo op to Tuesday afternoon when thee1 met
the 4Te bid of two houses.
The market will eontiDue to be s weather af
fair for aome time and change in temperatures
will be Quickly reflected hi the price.
4 e i 1
WEATHER NOTICE FOE SHIPPERS
Weather bureau adriie; Protect shlpmentt
during the next 84 hours against the following
aainlsstUB tempera tares: Ooiaur north. 28 de
grees; northeut over the Spokane, Fortlsjn
Heattltj railway, 10 deans; east to Iiaker, 10
decrees, and south to Ashland, 24 degrees. Mim
mB temperature at Portland tomorrow, .about
SO
BUTTER SITUATION 18 STEADY
Despite the desires of the trade for lower
prices, butter market continues to. reflect a
steady tone. Cubes are moving better at Sc a
pnuad for extras with prime first finding a fair
sale at 44 0 45c a pound.
TEAL MARKET IS LESS ACTIVE
Market for country killed calves is lea tive
along the wholeness way, although receipts are
' light. Some are selling at Ho pound lest.
Country hilled hogs are moving fair at the prices
quoted.
OJaOTT SITUATION HOLDS HERE
No price change is shown in the onion mar
ket Sale by the Confederated tssoclation, ac
cording to W. I. Swank, general idling repre
sentative, continue at 116 per cental (. a. b.
eouatry points for No. 1.
FLORIDA TOMATOES DCE HERE
Initial shipment of Florida tomatoes for the
season to the local market Is due within a short
time and carload lots are expected to be rolling
toward the coast within a few weeks. . At: the
present time there are limited offering of poor
grade Mexicans.
HIDE MOVEMENT IS INCREASING
Movement of hides to the east is increasing
and the trend of the trade is steady to firm gen
erally. This recent weakness in the market has
entirely disappeared. Wool market is dull but
prices an unchanged.
BRIEF JTOTES OF PRODUCE TRADE
Root rege tables slightly easier in price.
Freeh fish supplies extremely scant ; prices hold
high.
Chicken trade ia mixed with some quoting
lowsr. .
Nut market is demoralized with some shading
of prices.
Extremely fancy duality grapes being offered
at lSVke per pound.
WHOLESALE PRICES IN PORTLAND
PIMAIUOET
' BASKET
By Hyaiaa H. Cokes
Consumers should not be fooled by
the present weakness In the potato mar
ket st wholesale because apparently It
la much of a bluff.
The time to buy potatoes is when
everyone) wants to sell. Just at this
time consumers can purchase ' their
stock for slightly lower values, and it
would not be at all a bad Idea to pur
chase a sack or two for future require
ments. Care should be taken not to secure
frosted stock, and If good potatoes can
be secured there is no doubt that
money can be saved, by taking immedi
ate advantage of the situation.
It Is not likely that potatoes will sell
materially lower at any time during
the Immediate future and the outlook
for the future is for higher values.
The following prices are average ones than con
sumers are expected to pay at retail stores. Qual
ity quoted ia the average, fancy stuff being
slightly higher and inferior stuff fractionally
lower.
Butter Best creamery, parchment wrapped,
85e lb.; cartons, 06c; best storage, parchment
wrapped, 60c per lb.
Eggs Freshly laid, (8c per dozen; fancy,
fresh, 62c per doseo.
Cheese Fancy. 40e per lb.
Chickens Dressed. 45 50c per lb.; geese,
dressed. J 5c per lb.; turkeys, 55c per lb.; ducks,
eOc lb.
Salmon 28 60c per lb.
Flour Best locaa patent, $8.25 per sack, 49
pounds.
Potatoes Burbanka, fancy, H 0) 8e per lb. ;
sweets, 10912 He per lb.
Onions Dried. 7 0 8c per lb.
Undertone Weaker
In the -Hog Trade
HOOS DROP QUARTER
Hogs dropped 2Sc to $16.76 for tops.
Lamb were strong at en advancs to 31 6.00
for eest of mountain stuff. : Valley were firm
at $1B.B0.
Hogs. Cattle. Calves. Sheep.
888 61 6 89
190 2 7 107
44 18 1 38
823 1 33
397 55 37 38
562 295 1 28
242 15 .. 882
901 31 .. 1608
PORTLAND LIVESTOCK RUN
Wednesday
Week ago
2 weeks ago . . .
4 weeks ago . . .
Tear ago
2 years ago. . .
8 years ago. . .
4 years ago. . .
Small run of seven cars was shown
overnight at North Portland. Wednes
day trade for hogs started slow, cattle
were fairly steady, while sheep and
lambs held well.
Only a small supply of hoes put in appear
ance: for the Wednesday morning trade. There
was a dull and weak undertone with killers offer
ing a quarter less st the start, but there were
no early sales to confirm such a decline.
General bog range:
Prime mixed $18.25 15.75
Medium mixed 14.75 15.26
Hough heavies 11.75 14.75
Pigs 12.25 14.25
Cattl About Steady
Market for cattle was about steady for the
Wednesday trade at North Portland. Receipts
continued light, but prices were unchanged. A
change in classification was shown for calves,
medium light being added to the list.
General cattle market
These are prices retailers pay wholesalers,
except as otherwise noted:
Dairy Products
BUTTER Selling price' box lots: Creamery,
prime, parchment wrapped, 59e per lb. ; prime
firsts, B7o lb.; firsts. 58 07c per lb.; smaller
lota at an advance. Jobbing prices: Cubes', ex
tra, 56c per lb. : prime tints, 54 (3 54 c per lb. ;
cartons, lc extra. Selling price No. 1 storage
butter,B0c; off grade. 4 per lb.
BUTTERTAT Portland delivery basis, 5.8
61e; country stations, 68 (S 57c. '
OLEOMARGARINE let brands, 40c; brdf
nsrv. 83Hc; bakers, 33c; Nutmargarlne, 1 lb.
cartons, S2c per lb. ,
CHEESE Belling price: Tillamook fresh Ore
gon, fancy cream triplets, 85 38c lb.: Young
America, 88 87c. Price to Jobbers, f. o. b.
Tillamook, triplets. S2c; Young Americas, SBc.
Selling price: Cream brick, 40 42c; buying
, price of Com and Curry triplets. 81c; Young
America, 82 Vic lb. f. o. b Myrtle Point. 8elltne
price: Block Swiss. 48 0 49c: Umburger. 40
; 42c per lb.
. EGGS Buying prices: Current receipts, 47
9 48c; candled, selling price, 49 50c; select,
82 m 58c.
LIVE POULTRY Heavy hens, 3819 84c or
'lb.: light hens. 282vc; spring light, 40c:
' heavy. 29c; old roosters, 18g2uc; squabs,
83.00: dressed ducks. 48 50c lb.: Diieons.
$15002 00 per dozen: turkeys. lire. 35c tt. ;
dressed, 40 f 45c per lb.; dressed geese. 25.0
80c per lb,
fresh Vegetables and Fruit e
FRESH FRl'IT Oranges, $4.00 5.50 per
box; bananas, 10llc per lb.; lemons, $4.75
4 00 per crate; Florida grapefruit. $5.75
8.26: California grapefruit, ( ) crate: pears,
$2.259 8.60; grap, Emperior. 12c$16e lb.
BERRIES Cranberries, $4.75 per bushel
box; eastern, $15 00016 00.
APPLES Various varieties, local. $1.25
$2.75.
DRIED FRUIT Dates. Dromedaries. $9.00:
Fards. $8.75 per box; raisins. 8 crown, loose
Muscatel, 16c per lb.: figs. $3.50 $5.50 box.
ONIONS Selling price to retailers. Oregon,
$6,00 per cwt; "associated selling price,
carload, $5.00 f. o. b. country: garlic. 25 50c
per lb.: green onions, 40c per doxen bunches. '
POTATOES Selling price. $4.50 per cwt.:
buying price for fancy large slxe, $3.50 4.00;
ordinary, $2.60 0 8.25 per cental; sweets. 7 0
- 0 7 He per lb.
VEGETABLES Turnips, $3 50 per sack:
carrots, $1.75; beets, $3.50: cabbage,
Oregon, 404 4c lb.: lettuce. $1.0001.25 do. ;
. cucumbers, California, $2.00 0 2.25 dox. ; toms
; toes, $4.60 0 5.00 lug; egg plant, 20c lb.;
J cauliflower. $1.75 0 8.50; bell peppers. 40Jc;
. sprouts. 17c per lb.; Hubbard squash, 5c 1b.;
parsnip. $3.00 0 8.50 sack; rutabagas. $8.60
,, cwt, .
Meat and Provisions
" ' COUNTRY MEATS Selling price: Countty
hogs, 21e per lb. for top blockers; heavy, 15 0
17c per lb.; best real, 25 025 Vic per lb.; hear;
real, 1817e per lb.
SMOKED MEATS Ham, 27 0 87c per lb.;
.,, breakfast bacon, 82 0SOo; picnics, 27 0 28c;
cottage roll, 80c per lb. .
LARD Kettle rendered, 32c lb.; standard,
$0Vte; tierce basis, compound. 2 8 Vie.
Fish and Shetrrbh
FRESH FISH Salmon, fall. Jlo lb.; silver
aide, 19o lb.: halibut, fresh, 25c lb.: sturgeon,
, 20o lb.; black cod, 10 011a lb.; silver wnelt,
10c lb.; salmon trout, 20026c lb.; kippered
.. aalsaon, $2.65 per 10-Ib. basket: kippered cod.
..' 12.85: Columbia smelt, 16c lb.
SHELLFISH Crabs. $8.80 per dozen;
?r shrimp meat. SBc per can; lobster. 30c lb.
range:
Best teem $11.00
Good to choice cows and belters. 7.75
Medium to good steers 9.00
Fair to good steer 8.00
Common to fair steers 7.00
Choice cows and heifers . ..... 9.00
Good to choice cows and heifers 8.00
Medium to good cows and heifers 7.00
Fair to medium oows and heifers 6.00
Canners 8.50
Bulls 6.00
Best light cslves 15.50
Medium light calves 12.50
Heavy cslves ' , 7.00
blockers and feeders 8.00
Firm
0
12.00
9.00
9 76
9.00
8.00
10. OO
9.00
8.00
7.00
8 00
8.00
17.00
15.50
12.50
"9.50
Mutton and Lambs
With only nominal arrivals for the Wednes
day trade, the market for both mutton and
lambs continued to show a steady to firm tone,
with no change in values.
General sheep and lamb range:
East of mountain lambs $15.00 016.00
Best light valley lambs: 14.50 015.60
Best heavy valley lambs 13.50 014.50
Feeder lambs 12.00015.00
Yearlings 13 00 013.60
Wethers 12.00 013 00
Ewes 7.00 0 9.60
Tuesday Afternoon Saies
STEERS
APPLE MARKET IS
STILL DROPPING
Conditions of Trade at . Practically
Every Point In Country Unsatisfac
tory Shippers Losing Money.
8CGAR Cuba $16.75; powdered, $16.48;
fruit aad berry, $15.80; yellow, $15.80; gran
V ulated. $16.80; extra C, $15.50; golden C.
. $16.40.
v HONEY New. $7.60 08.00 per ease.
BICE Japan style, No. 1. 14 Vie: New Or
Isana. head. ( ) : Blue Rose. 150 nor lb. :
( SALT Ooarsa, half around. 100a, $17.00
per ton; sua, aio.ou; table dairy, 60c. $20.50;
bales, $3.1808.65; fancy table and dairy,
t $82.50: lump rock, $26.00 pet ton. '
BEANS Oregon (sales by jobbers) : Ladv
Washington. 7 H 0 8e per lb.; pink, 8e; limes,
... 15oj bayou. 10 He; Oregon beans, buying price.
p' Bomlnal. 5 Vie per lb. v !
CANNED MILK' Carnation. $7.25; Bordea,
$7.15; Aster. $7.18; Eagle. $11.25; Ubby,
$7.15; Telobaa. $7.03: Mount Vernon. $7.15i;
, . Haaelwood, $7.1 8 per case.
' s Sis pooitou. feyoie ia sacks ejr
SODA' CRACKERS Ia bulk. 17 He n.r rh
NUTS Walnuts, 85 040c per lb.; almonds.
sss; tuberts, 8 Bo tn sack Iota; peanuts. 15 0
, v 16n; pecans, IRc; Brasirs, 30c. ' ;
No.
4.
16.
14.
8.
8.
1 .
6.
9 .
6.
28.
13.
2.
2.
22.
14 .
2.
2.
2.
5.
21 .
25.
29.
10.
1.
8.
1 .
2.
1 .
4.
1.
1.
57.
25.
42.
8.
11.
4 .
2.
1.
7.
16.
2.
6.
2.
87.
68.
2.
86.
4.
81 .
5.
4.
46.
6.
7.
1.
1.
10.
1.
1.
1.
1.
2.
1.
18.
1.
3.
12.
Ave. lbs.
. . .1405
. . . 987
. . .1052
. . .1030
. . . 575
. . .1180
. . . 942
. . . 787
. . . 903
. . . 945
. . . 875
. . .1195
. . . 935
. . . 917
. . . 1062
. . .1006
. . . 998
. . .1065
. . .1022
. . . 857
. . .1078
. . .1078
. . .1027
. .. 760
. . .1047
. 170
. 236
.1090
.1150
.1062
.1490
.1190
Price.
$10.50
9.78
11.00
9.50
7 00
10 75
10.50
8.60
8.60
COWS
$ 7.00
6.00
7.00
6.00
9.75
9.00
9 00
7.00
8.00
7.50
it.75
9.15
&50
10.25
7.00
6.50
CALVES
$13.00 I 11.
13.00 I
BULLS
No.
2.
2.
7 .
12.
6.
1.
4 .
5 .
13.
4.
7.
3.
6.
7.
2 .
7.
2 .
4 .
11 .
4 .
2.
5.
1 .
2.
16.
Ave. lbs.
. .1205
. . 940
. .1018
. . 982
. . 851
. . 780
. . 1045
. . 836
. .1041
. . 890
. . 894
. .1026
. . 946
. . 982
. .1100
. . 912
. . 905
. . 1060
. . 896
. . 840
. .1080
. .1100
. .1260
. .1125
. . 987
Price.
$12.00
10 00
11.00
9.60
8.50
8.50
10.50
8.00
10 50
6.00
8.50
7.50
8.50
7.00
7. 00
8.50
7.1)0
9.00
5.60
8.00
9.15
9.00
9.50
5 50
8.50
Huge losses are being sustained by
apple shippers at this" time and there is
very little encouragement tn the situa
tion so far as the Immediate future ia
concerned. In the Pacific Northwest
there is practically no Inquiry for ap
ples from eastern sections, but some im
provement is noted In the Rochester, N.
T., district, although the market there
remains weak and the few sales con
firmed are made from storage.
Sales of apples in the big consuming sections
of the east are at figures that are below those
recently received. Some of the big markets
are doing such a nominal business at this time
that only nominal values can be quoted.
Consuming markets report:
Philadelphia 18 cars on track, including
broken. Demand alow, movement dreggy; mar
ket dull. Washington Wers tehee: Staymana
extra fancy, medium to large, few Winesape me
dium, $3.10 0 3.15; Rome, extra fancy, all
sixes, $2.60 0 3.00. Auction: Wide range in
condition, many bruised. Washington Wenatchee:
Rome, extra fancy, large, $2.00 0 2.28: aver
age. $2.15: small to medium, $2.2502 80:
fancy, lane. $1.7002.05; average. $1.89: small
to medium. $2.05 0 2.15; average, $2.07. Yak
ima: Delirious, extra fancy, all sizes. $2.80
2 95; average. $2.67; fancy, all sizes. $2 45 0
2.55; average. (2.49; common. aU sixes. 81.70
0 2 40; average, (2.09.
New York Supplies liberal; too few sales to
establish market. Auction: Washington, 1015
boxes Wlnesaps, -85c 0(1.80; average, $1.44.
Idaho. 755 boxee Jonathans. $1.80 0 2.80; aver
age, (2 04. Oregon, 765 boxes Newtowns,
(1.85C 2.55: average $2.83. All offerings
slightly to badly frozen.
Kansas City 7 cars on track, including
broken; supplies liberal; demand and move
ment slow; market weak. Washington. Deli
cious, all sixes, extra fancy. (3.75 0 4.00;
fancy, mostly $8.50; Jonathans, extra fancy,
$2.7503 00; fancy, $2.6002.78; orchard nan,
Jonathans and Spitu-nburgs, $2.35 0 2.50;
orchatd run Wagners, $2.25.
Pittsburg Demand and movement slow; mar
ket steady. Washington, quality and condition
generally good. Delirious, extra fancy, medium
to large, $4.00 0 4.25. Auction: Washington,
6 cars sold, quality generally good, wide range
in condition, some frosted. Delicious, common!
aU sixes. $2.26 0 2.75; York Imperials, all sizes,
(2.05 0 2.25; Jonathans, fancy, medium to large,
(2.05; small. (1.80 2.25: Staymans, extra
fancy, medium to Urge, (3.05; small, $2.75;
White Peamains, extra fancy, all sizes, $3,25 0
3.50; extra fancy and fancy, all sizes, $3.30
(i 3.40; Homes, extra fancy, medium to large,
$2.75 0 2.85; small. (2.30 0 2.45; fancy, all
sizes, (2.45 0 2 95; frozen stock, various varie
ties, as low as $1.85.
Chicago. 27 cars on track, including broken;
demand moderate, market steady. Northwestern,
Jonathans, extra fancy, small to mtdium, (2 75
0 3.10; Spitzenburgs. extra fancy, (2.7503.00;
fancy. $2.25 0 2.75: Homes, extra fancy, $2.50
03.00; Staymans, extra fancy, $2.50 03.00;
Delicious, extra fancy, $3.25 0 3.75; fancy.
(3.00 0 3.25. Auction: Sales at auction
amounted to 10 cara: demand moderate: mar
ket unsettled Ganoa, extra fancy, $2.15; fancy,
$1.6001.85: Jonathans, extra fancy, $2,750
3.15: average $2.98; fancy. $2.5002.90; av
erage $2 80; Wagners, extra fancy. $2,15 0
fancy'. $1.65 0 2.05; average. $2.00; Homes, ex
tra fancy. $2.75 0 3.15: average Vi $3.00; fancy,
$2.55 0 2.90; Spitzenburgs, extra fancy, $2.90
(8.35; average, $2.90; fancy, $2.00 0 2.90;
average, $2.45; Winesaps. fancy. (2.35 0 2.80;
average. - (2.65 ; common. $1.90 0 2.30; average.
(2.25.
Minneapolis. 22 cars on track, deluding
broken. Supplies liberals demand and move
ment moderate; Siarket steady. Northwestern.
Jonathans, extra tancy. medium, $3.50: few.
$3.75; Winesaps. extra fancy, $3.5003.75;
fsncy. $3.00 0 3.25: cor-Tion. $2.75.
St. Louis - Sales st suction smounted to 2
cars. Washington: Delicious, extra fancy, con
siderable frosted. $2.85 03.45; fancy. $2.70
0 2.80. Oregon: Jonathans, extra fancy,
(2.6502.70: car run. (2.35; smaller, $2. 06 ;
ungraded, fare and fill, (1.85.
Boston. No movement on account of severe
cold weather.
Omaha. 4 cars on track.' including broken.
Demand and movement moderate; market firm;
no sales reported.
STOCK SUPPLIES
GREATER DEMAND
New York Market Shows Early Dip In
Values With SprclaUies at a Loss
During the Opening.
New Vork, Jan. XI, (I. R. B.) The stock
mar at sJoeed weak today . .Steel common went
to 104 and lessee ef from 1 to S points were
suffered In the other steel Issues. Marin corn
men dropped 4 points to S7 'ft I the preferred
ever X points to SB, and Atlantis flulf S seinu
to ISO Vs. Meireaut Petrwteum fell ever Z
points from the high to 1XVs and Pan-American
Petroleum yielded ever a point t 004. 0tv
oral Motors reacted to 303. Baldwin was
finally 111",,, Southern Pacific 100, U. 8.
Rubber 123",. Republic Stool 1041 and SUide
beksr 102V..
Sates, 460,000 shares: bonds. S18,sS,0OO.
New York, Jan. 21. (I. N. S.) Stocks
were offered for sale at the opening of
the stock market today at prices from
fractions to over three points below yes
terday's close. Business was on a very
small scale.
Steel common yieldeV Vi to 106 Vi ; Republic
Steel, 1 point to 109 Vi ; Crucible, 1 Vi to 204.
and Baldwin Locomotive, to 112 Vs. Mexican
Petroleum dropped neerly 4 points to 198, while
Royal Dutch and Pan-American Petroleum, suf
fered losses of nearly 2 points.
General Motors f ell 3 Vi to 303 Vi while Stu
debaker, after selling up to 103 vi. dropped a
point. United States Rubber sold up V to
126 Vi end then yielded to 125 Vi. Goodrich
ysUded 14 to 78.' American Woolen lest
IVi to tS.
Fractional losses were suffered in the railway
and copper is,uue.
The announcement that call money opened
at 6 per cent promoted some good rallies during
the forenoon.
Steel common rallied Vi , to 105 ; .Bald
win 1 point., to 1 1 3 Vi ; Crucible Steel 3 Vi .
lVs. to 138Vi.
FLOUR PRICE IS -.
80 CENTS HIGHER
Advance Is finally Forced In
Portland Market Still Below
Basis or the Eastern Markets.
the
the
NORTHWEST GRAIN RECEIPTS
Wheat. E
Portland. Wed ... 23
Year ago . IB
Season to date. 6517
Tear ago 8943
Taeoma, Tuesday. 24
Year ago 11
Season to date. .4371
Year ago 4406
Seattle. Tuesday. 57
Year ago 18
Season to date. .4136
Year ago 4513
irley. Flour. Oata. Hay.
..16 1 8
1 B 11
154 2584 385 1101
830 1851 572 2261
1 i a
68 133 697
20 . . 129 924
2 2 1 12
2 17
199 474 498 907
49 913 480 2065
from 41 Vi to
to 207,
American Sugar advanced
and Cuba Cane 1 Vi . to 52 .
Marine common yielded,
89.
Pan-American Petroleum recovered to above
92. and Mexican Petroleum to 195.
Central Leather declined 2 Vi , to 90 T4 , and
American Hide and Leather preferred nearly
8 points, to 112 Vi.
The market was strong during the afternoon,
with trading very light.
Furnished By Overbeck
of Trade building:
A Cooke Co.. Board
DESCRIPTION :
TntT
Am. Int. Cor
Alaska Gold
Allis Chalmers . .
Alloy Steel
Am. Agr. Cbem. .
Am. Can, com. . .
Am. Car Foundry .
lot Hide & I-a , c.
Am. Ldnseed, com..
Am. loco , com. . .
Am. Smelter, com.
Am. Steel Foundry
Am. Sugar, com. . .
Am. Sumatra Tob. .
Am. Tel. A Tel.
Am. Tobacco ....
Am. Woolen, com. .
Anaconda Min. Co.
Atchison, ctan. . . .
Atlantic G. & W. I.
com.113Vi;113
31 Vi
96
14V4
28
ll'9Viil29Vi
93 ft 93 s
54 vi
$6Vi
85 U j
19Vi
88
63
41 4
83 I
83 V
tSAtriUJ ALi AD X An Vfj MADE I
IX GRAIN AT OPENIG
Chicago. Jan. 21. (I. N. 8.) The tone!
of the corn market was firm on the opening ,
this morning. The opening prices snowed irac
tional advances of from Vi 0 Vi c. Commission
bouse buying was a factor.
Oats opened steady to Vic higher, with the
market quiet.
Offerings in provisions were scant 4 at the
opening, lard opening down fire cents and ribs
up three.
Range of Chicago prices aa
United Press :
CORN
furnished by the
487 $ 8.50
7.50
7.50
8.00
8.50
7.00
1 . .
1. .
1. .
1. .
HOGS
. 134 $14.75 2 . .
65 13.00 30..
. 200 16.00 41..
, 172 15.75 69..
. 197 16.00 34..
. 117 13.80 2..
, 280 14.75 8,.
. 280 14.85 81..
. 160 15.85 43. .
. 196 16.00 21..
. 285 15.00 3..
. 230 16.00 4..
. 165 15.75 8..
. 120 13 00 2..
. 204 16.00 9..
. 270 14.00 21.,
. 195 16.00 16..
. 195 14.75 4..
. 167 15.75 81.,
.'420 14.00 86..
. 220 15.75 2..
. 185 15 00 7..
. 258 15.60 2..
. 290 15.75 6.,
. 230 15.76
LAMBS
62 $18.00
EWES
. 102 $ 8.00 100. .
Wednesday Momlna
COWS
.1010
. 910
. 990
. 940
. 826
. 220
.1830
. 300
. 373
. 198
. .1410
. . 930
. . 810
.1250
140
113
117
90
215
260
186
120
191
187
226
247
263
410
260
134
283
870
184
178
310
378
260
216
8 00
7.75
7.75
7.50
$14.75
14 00
14.00
14.00.
15.8(T
15.60
15.75
13.85
15.85
14.10
15.75
15 75
16.00
13.00
15.00
14.75
14.00
13.76
16.00
15.75
15.00
13.00
13.50
15.00
Open. High. Low. Close.
January 141 144 141 143 Vi
May 13.-4 135 134 7 135
July 133 133 1324 1324
OATS
May 82 83 824 82
July 75 76 75 75
PORK
January .... .... 8500
LARD
January 2847 2357 2345 2357
May 2440 2447 2432 2442
RIBS
January 1975
May 2060 2072 2050 2070
. . 103 $10.60
Saiga
B.00 I 23 2910 5.00
6.25 I 1 800 2.75
7.50 1 850 6.00
6.60 1.... 850 ' 6.00
CALVES
10.00 1.... 190 17.00
10.00
BULLS
$ 7.50
HOGS
13.80 82.... 218 15.75
18.75
$15.50 ''
- Stocks, Bonds, Cotton, Grala, Etc. I1
.. . - ,lia.7 Board ef J'rtvde Ball ding.
Oyerbeck&CopkeCo.
;: DIICT PRIVATE WIRES
.TO ALL EXCHANGES
Members Chicago Board of Trade
. ; Correspondents ;f Logan Bryaa
- ' ' Citeagr ' . " " Hew Tort
Money and Exchange
. New York. Jan. 21. (L N. S.) Call money
on the floor of the New York Stock Exchange
today ruled at 6 per cent; high. per cent; low
8 per cent.
Time money was scarce.
Rates were 6 Vi per cent
The market for prime mercantile paper was
BuinaM ia beakers' bills showed a new low
recera st $3.61 Vs.
WHEAT OUTLOOK POOS
Chicago. Jan. 21. Price Current grain re
porter says the outlook for new winter wheat
crop is not ,-very bright, weather conditions have
been somewhat unfavorable and hnwrisn fly re
ports continue to come forward.
Chicago Potato Market
Chicago. Jan. Jl (t, M. 8. Potatoes
Receipt 42 cars; Qhios, B4.7B0 4.PO.
Successful experiments with a new
hydraulic tractor for towing canal boats
recently were conducted In Belgium.
AMERICAN LIVESTOCK PRICES
Hogs $16.50
Chicago Jan 21 (I. N. S.) Hogs Re
ceipts 28,000; slow, steadv to 10c lower. Bulk,
$15.00015.35; tops. $15.50; heavyweight,
(14 86 0 15 25; medium weiEht. $15,100
$15.85; light weight, $15.10 015.40; light
lights, $14.75015.25; heavy packing sowv
smooth. $14 250 14.65; packing sows, rough,
$13 60014 25; pigs, (13.75 014.75.
Cate Receipts 10.000; slow and tesdy.
Beef steers Medium and heavyweight, (16 60
018.50; choice and prime, $1 0.."0 0 1 S 50 ;
medium and good, $ 1 1.50 0 1 6.50 ; light weight,
good and choice $13.75 017.50; common and
medium. $0.00013.75; butcher cattle, heifers,
$6.750 14.25; cows. $8,75 0.13.00; bulls,
$7 50 012.25; canners and eutters, cows and
heifers, (5.50 0 6.75; canner steers, $8 00 0
7.75; veal calves, light and handyweight, $17.00
18.50; feeder steers, $8.00 012.50: stacker
steer", $7.50011.00; stocker cows and heifers,
$6.75 0 8.50; stocker calves. $8.00 010.75.
Sheep Receipt'" 1 1 .000 ; strong to higher.
Lambs (84 lbs. down), $17.75020 15; lambs
(culls and common). $14.50 017.00; yearling
wethers, $14.25 018.65; ewes, $9 50012.28;
ewes (culls and common), $5.78 0 9.00; feeder
lambs, $16.25 017.75.
Omaha Hogs 818.15
Omaha, Neb.. Jan. 21. (I. N. S.) Hogs
Receipts, 15.500. 10 015c higher; bulk. $14 SO
016 10; tops. $15 15.
Cattle 7500, generally steady.
Sbeep 8000. steady.
Denver Hog $16.36
Denver. Colo., Jan. 21. (U. P.) Cattle
Receipts. 4000: steady. Steers, $8.00 014.00;
cows and heifers. $7.00011 50; stockers and
feeders. (8.00 018.00.
Hoes Receipts, 2200; 1502"5c higher.
Tops, $18.25 ;ulk, $14.80 15.20.
Sheep Receipts. 2500. Lambs. $18,00 0
18.85; ewes. (11 00011.25.
Seattle Houa $16.76 .
Seattle, Jan. 21: (I. N. 8.) Hogs Re
ceipts, 1227; steady. Prime lights. (15 25 0
15.78; medium to choice, $13.00 015.00;
rough heavies, $13.25013.75; pigs, $12,50 0
13.50.
Cattle Receipts. 395; Bteady. Best steers.
(11.50 0 12.00; medium to choice, (9.50 0
11.00; common to good, (7.50 0 9.50; best
cows and heifer. $9.00 0 10.00; common to
good cows, $6.50 0 8.60; bulls. $6.00 0 8.25;
calves, $7.00 0 16.00.
Sheep None.
Baldwin Loco.
do. pfd,
Bait. A Ohio, com. 31
Bethlehem Steel. B. 95
Brooklyn R. Transit! 13
Butte and SuperiorL 28
lanauian racuic .
Central Leather, c .
Ches. Jt Ohio
C. Gt. Western, c
C, M. A St Paul .
Chi. & Nortnwet.
Chile Copper ....
Chino Copper . . .
Col. Gas & Elec. .
Colo. Fuel A Iron .
Conaoliilated Gas . .
Corn Products, c. .
Crucible Steel, c . .
D A H. G., c. . .
Erie, c
General Cigars
General Electric .
General Motors . .
Goodrich Rubber
Great Northern Ore
Great Northern Ry.
Greene Cananea . .
Gulf States Steel. .
Illinois Central . . .
Industrial Alcohol .
Ins. Copper
Int. Harvester . . .
Int. Mer. Marine, c .
Int. Nickel ...
K. C. Southern, C . .
Kennecott Copper . .
Keystone Tire . . . .
Ijickawanna Steel.. .
Lehigh Valley
Maxwell Motors, c. .
Mexican Petroleum .
Montana Power . . .
Miami Copper . . . . j
Midvale Steel
Missouri Psc, o. . .
National Enamel ,. .
National I-eed ....
Nevada Com
New Haven
N. Y. Air Brake .
N. Y. Central
Norfolk A W
Northern Pac
Pacific Mail
Pennsylvania Ry.
People's Gas
Pittsburg Coal, c ..
Pressed Steel Car. c.
Ray Cons. Copper. .
Ry. Steel Springs. .
Reading, c
Rep. Iron A Steel, c
Rock Island, c . . . .
Shattuck Copper
Southern Pacific .
Southern Ry.. c . . .
Studebaker, c. ...
St. L. A 8. F
Swift A Co
Tenn. Copper
Texas Pacific
Tobacco Products .
Union Pacific, c . . .
United Food Prod.
United Fruit . . .
U. 8. Rubber, c .
C. S. Smlt. A Ref
U. 8. Steel, c . . .
Utah Copper . . .
Vir. Chem. c'. . .
Wabash
Western Union .
West Electric . .
Willys Overland
Open j High I Low I Close
. 1H) TT6" flos jT6"7
1 1 1 1 4
49 49 48 48
49 49 49 48
91 91 91 91
53 53 63 52
138 138 136 135
24 H I 25 24 24
84 84 1 84 1 83
98 98 97 97
69 69 68 68
44 45 44 44
137 138 137 135
94 94 93 93
98 98 974 97
266 265 259 260
150 150 148 147
62 62 61 61
84 84 84 83
1H2 Vi 1163 1160 160
111I111
101
54
8
86
H I
19
384
63
41
83 I
83
31
94
13
274
128
90
04 7
8
36
85
19
38
62
38
82
83
31
94
13
27
128 14
91
64 Vi
s
36
85
19
37
63
39
82
83
There will be an advance of 80c a
barrel In the price of patent flour in
the Portland market Thursday morning.
The new price in less than carload lots
will be $13.15 per barrel. At the new
price, flour Is still under the wheat
basis and Is selling at lower prices In
this territory than in any other market,
considering the price of wheat In
Minneapolis - spring wheat patent Is
Quoted at S14.7SI5.S0. while in Kansas
City hard winter wheat patent is quoted
at $14 14.65 per barrel. The price of
wheat here at this time is even higher
than in the East
While it is true that less demand Is
shown for Pacific Northwest wheat
from the East, coast millers continue
j to seek supplies and there is no dlmin-
j ishing of premium in the price.
j Flour market is firmer as a result of the
high premium that millers have been lorcert
to pay for their supplies and the advance in
price forecast some time ago is drawing very
grains and hay show less activity, but
in general no change .was announced in the
price for the day.
FLOUR Selling prices, new crop: Patent.
$12.35; whole wheat flour, $10.45; Willam
ette valley. $10.35: local straight. $10 20;
bakers' local, $1 1.50 11.78; Montana spring
wheat, patent. $12.35; rye flour, $10.10: ost
meal. $13 00: graham, $11.00 Prices for city
deliveries in five barrel lots.
HAY Buying price, new crop: Willamette
timothy, fsncy, $30.00; Eastern Oregon-Washington
fancy timothy, ( ); alfalfa, $31,00 0
32 00; valley vetch, $25.00; cheat. $20,000
22 00; straw, $10.00; clover. $26.00: grain.
$25.00.
GRAIN SACKS Nominal: New crop de
livery, No. 1 Calcutta. 18c in car lota; leas
amounts higher.
MILLSTUFFS Mixed run at mills, sacked.
$45.OO06.OO.
OATS Per ton, buying price, feed, $63.
ROLLED BARLEY Per ton. $77 00 0
78 00.
Merchants Exchange bids:
FEED OATS
Jan.
No. 3 white 6250
BARLEY
No bids.
CORN
No. 3 yellow 5825
Eastern oata and corn in bulk:
OATS
38 pound clipped 6050
38 pound clipped 6100
CORN
No. 3 yellow , 6950
STOCK
FXCHANG
ENDS DAY STRONG
' AFTER ACTIVITY
Professionals Are Disappointed
That No Advance in Rediscount
Rate Has Yet Been Announced.
E
Tomorrow In Thrift Week
Thrift in Industry Day. Thursday.
January 22 To emphasise the facts
that the interest of employers and
employe are Identical.
204210203205
7 I
13
71
I
306 306
80 80
7
18
72
BAIRT PRODUCE OF THE COAST
San Francisco, Jan. 21. (TJ. P.) Butter
Extras, 59 Vic; prime firsts, 58c.
Eggs Extras. 64 c; extra pullets. 56 c;
undersized pullets, 51c.
Cheese California Oata, fancy, 33 Vie;
firsts, 31c-
Los Anoele Market
Loa Angeles, ! CaL. Jan. 21. (I. N. S.)
Butter California creamery extras. Sic
Eggs Fresh extras, 55c : case count, 54c
Pullets B2o.
Live poultry Hen. 85037c; broilers, 820
S6c; fryers, 33c.
' Seattle Market
Seattle. Waefi.. Jan. 21. U. P.) Butter
Fresh bricks, SSc; cubes. Bsc
F.gga fre-h. 56 0 67c: pullets. BSc.
Cheese unchanged.
Kara! Stores Market
New York. Jan. 21. (L N. S ) Turpen
tine Savannah. $1.86 0 1.86 Vi ; New York.
$1.93..
Rosin Savannah. 818.00; New York.
819-BO. .
38
77
89
107
57
129
41
24
15
80
34
84
48
31
195
64
24
49
25
88
26
68
79' '
42
37
-97
21
97
76
110
20
75
100
21
103
19
130
11
36
92
122
68
128
71
105
7" Ik
65
52
29
38
77
7
IS
71
308' '
78
38
76
89 I
107 1
57
129
41
24
15
81
34
84 l 84
88
105
56
129
37
24
15
30
83
43
31
195
65
24
49 Ts
25
84
26
68
79 ' '
42 Vi
37
97
21
97
76
110
26 I
7
100
21
104
19
ISO
11
36
92
123
68
43
31
192
64
23 I
49
25
83
26 1
68
78
42 '
37
97
21
97
76
108
26
75
100
21
102
18
130
11
86
91
121
67
126123
71 70
105 104
76 I 76
65 I 65
52
20
52
28
7
IS
71
167
303
78
38
77
35
76
88
105
86
129
37
24
15
30
33 VI
88
43
30
192
64
23
49
25
83
81
16
26
105
68
95
7H
36
41
86
60
86
21
98
76
108
26
75
99
21
102
18 Vi
130
11
38
90
121
68
192
123
76
104
75
65
7
87
52
29
Feb.
6350
March.
6350
By Broadan Wall
New York, Jan. 21. Stocks
closed strong Tuesday after a ses
sion of inactivity. Price fluctua
tions were not large in any issue.
Professionals were hoping that the
advance of the rediscount rate In
vented by them last week would
be announced by the federal re
serve board after Its regular meet
ing In Washington. Of course no
announcement was made, for, aa ex
plained, no advance had been
recommended yet. What may be
done by the Chicago, meeting Is
another story. Money renewed at
7 and loaned as low as 6. Sterling
went to within one-half of a cent
of the lowest price ever known.
With sterling at the previous low rec
ord Wall street Is expecting a still fur
ther decline of Importance. With the na
tionwide effort in progress to restrict
currency and cut down rredits, inter
national trade Is hampered and produc
tion ia likely to be reduced at home.
America is therefore In no humor to
buy anything abroad. A policy of cur
tailment. If persisted In by the banks,
will beyond question succeed In bringing
about a commercial panic such as the
professional bears in Wall street much
desire.
It was significant that the greatest
activity today was in lightweight stocks.
Famous Players was really the market
leader. It broke 1 points and recov
ered 2. The company is understood to
be making tremendous earnings. Busi
ness s especially good In all non-productive
enterprises. In all productive
business the high prices have created
so much ill will that demoralisation 's
setting in.
5925 5900
6100
6150
6150
6200
5950 597
ITfc
DELIVERT NOTICES CAl'SE AS
EARLT DECLINE IN COTTON
New York. Jan. 21. (1. N. S.) The issu
ance of notices on several thousand, bales for
delivery of cotton on January contract weak
ened that position at the opening of the cotton
market today, other months declinig 10 to 19
points. Liverpool was s seller on the setbsck.
while wire houses bought to cover s'lorts.
Later the list eased still further and. at the
end of the first 15 minutes was 14 to 20
points net lower on active deliveries and 35
points down on January.
Selling pressure increased In the last hour,
offerings bring swelled by liquidation of com
mission house lines purchased earlier in the
week. Sentiment was bearish.
The close was easy st a net decline of 60 0
90 points.
A Cooke Co.. Board
Furnished by Overbeck
of Trade building:
Open.
January 820
March 3625
May 3430
July 3255
October 8005
Dceember 2945
New York spot market
High. Ixw. Close.
'8820 3775 3775
' 8630 3574 3575
3486 3371 3371
3256 3178 3178
3015 2950 2950
2955 2900 2900
80 points down.
POTATOES ALONG THE COAST
8 an Francisco, Market
Sar. Francisco. Jan. 21. (U. P.) Potatoes
Riier white, $5.05 0 5.25; Salinas, $5,00 0
5.50; sweets. 5 0 6c per lb.
Onions-Yellow and white, $4.50; Australian
brown. $5 00 0 5.50.
Los Angeles Market
Los Angeles. Cel.. Jan 21. (I. N. S.)
Potatoes New trk Stockton Burbanks, fan
cy and special brands. $5.00 0 6.00; few, $5.35
06 60: Idaho Russets, $5.0005.75; rurals,
$5.10; local lug boxes, .$1.6501.80; local
White Rose, mostly $5.25. '
Seattle Market
Seattle, Jan. 21. Onions Oregon. 6 0
7c lb.
Potatoes Yakima Gems, $100.00; locals,
$85.00 0 90.00 ton. Sweets, 6c lb. f
Chicago Dairy Prodnre
Chicago, Jan. 21. (L If S.) Butter
Receipts 5649 tuba. Creamery, extra, 64e:
tints. 58 0 65c; packing stock. 38 0 40c.
Eiigs Receipts 3076 cases. Misc. receipts,
67 0 61c; held firsts. 50 0 60c; firsts. 62 0
63c; checks. 38 0 4c; dirties. 4fi0 4hc.
Cheese Twins, new, 80 0 80 Vie: daisies,
82c: Young Americas, 82 c; Longborns, 33c:
brick, 29c.
Lire poultry Turkeys, 40c: chickens, SSc;
springs, 29c; roosters. 22c; geese, 22c; ducks.
34c
Thrift Is Duty to
Children an All
Who Follow After
Thrift all the time should be an Amer
ican slogan for the new year. As every
person in America is a cltlaen of a defi
nite political division and connected di
rectly with soma Industrial orranliatlon
that gives life to the nation it should
be the object of all to eliminate waste
as far as possible.
The greatest factor toward thla end
ia Individual thrift By frugality on the
part of all Americans the nation be
comes stronger industrially and other
wise. Thrift In the nation demands pru
dent and careful management of our
resources and should not be planned on
the part of the individual for the pres
ent only. .The nation has a continuous
existence and our lives are but a con
tinuation of the work accomplished be
fore us. We are building for those who
are to come. Those who follow us must
not be made to suffer by our thrift less
ness. All good Americana must play
big parts In their dally lives. In a thrifty
manner, leaving no mortgages for others
to pay.
To further cultivate the habit of thrift
National Thrift Week was planned, of
which tomorrow la "Thrift in Industry
Day."
City of I
Vancouver
British Columbia
Short term four years
semi-annual Interest pay
able In gold coin ln: New
York without deduction for
any taxes In Canada gen
eral tax obligation.
Bone
to yield 7
Ask for details
Liverpool Cotton Easier
Liverpool, Jan. 21. (I. N. 8.) More in
quiry for spoai at opening prices, easier. Sales.
8000 bales; American middling fair. (32.69:
I good middling, (29.66; full middling, $28.66;
middling. $27.41; good ordinary. $21.91; or-
ainn, u..i. a
Futures quiet.
Mesa vs
FREEMAN
SMITH
I
CAMP
CO.
Total sales,
Total sales.
stocks, 460.600.
bonds. $13,588,000.
New York Bond
Furnished by Overbeck A
of Trade building:
Atchison Genl. 4s
Hal. A Ohio Gold 4s
Beth. Steel Ref. 5s
Central Pacific 1st 4 s
C, B. A Q. CoL 4s
St. Paul Genl. 4e
Chicago N -V. Genl. 4s
L. A N. Uni. 4s
New York Ry. 6a
Northern Pac. P. L.
Reading Genl. 4s . .
Union Pac 1st 4a .
TJ 8. Steel Bs
Union Pac. 1st Ref.
Southern Pac. Conv.
Southern Pac Conv.
Penn. Conv. 4 s
Penn. 1st 4
Ches. A Ohio Conv. Ss . .
Oregon Short Line 4s .
Market
4s
5s .
5s
4s .
oke Co., Board
Bid. Ask.
78 79
65 66
82 85
74 76
95 95
76 77
77 78
80 82
75 80
76 77
79 80
82 84
99 99
77 78
102 104
80 80
91 91
81 82
83 84
78 78
Foreign Bond Market
Furnished by Overbeck A Cooke Co., Board
of Trade building: Bid. Ask.
A. F. 6 Oct. 1920 98 96
U. K. 5a Nov. 1921 95 96
Rep. France 6s 1931 76 77
Paris 6s Oct. 1921 93 92
Russia Extn. 6s 1921 31 86
Russian kitl. 5s 192S 36 -42
Dom. 5s Apr. 1921 97 9s
Dom. 8 Apr. 19S1 91 92
Dom. 6s Apr. 1 926 . 98 94
Argentine 6s Msy 1920 99 99
Dom. Canada Ss 1987 '89 93
C. K. 5s 1937 89 89
Sterling at Low Mark
New York. Jan. 21. (U. P. New mm
records were made in sterling, francs and lire
on tiie foreign exchange at the opening today.
Demand sterling opened at $3.62, a drop of
2 e from its low mark. Demand francs were
quoted at $11.97.iff IT centimes, and lire at
$14.07. off 28 con times.
Saa Francisco Grain Market
Saa Francisco. Jan. 21. (TJ. P.) Barley
Spot feed, per cental. $3.60 03.65.
RCSSIAN WHEAT COMING
Liverpool, Jan. 21. Broomhall says: It ia
claimed that the trade with the British govern
ment and Russia will be resumed at an early
date and that the Russian food ministry states
there is about 37,000,000 bushels of wheat
there ready for export.
New Turk Metal Market
New York. Jan 21. L N. 8) Copper.
easv: spot and January, offered. 19 ; February
and March, offered, 19.
Lead, easy; spot, January and February, 8
08.
Spelter, easy; -pot. January, February. March
and April. $9.100 9 20.
New York Batter and Eggt
New York. Jan. 21. (I. N. 8.) Butter
Firmer. Creamery extras, 64 0 67 c; firsts.
61 065c; hither scoring. 85068e: state
dairy, tubs. 5063c; renovated extras. 67e;
imitation creamery. 510 52c.
Eggs Steady. Nearby white fancy, 83
84c; brown fancy. 74 0 75c: extras, 710 72c;
firsts. 67 0 68e.
San Francisco Barley Calls
San Francisco; Jan. 21. Barley calls:
April $3.57 bid.
May, $3.35 bid.
August. $2.93 bid. $2 95 asked.
December $2.92 bid. $2.98 asked.
New York-London Silver
New York, Jan. 21. (L N. S.) Commer
cial bar silver is c lower at $1.32.
London. Jan. 21. (L N. S.) Bar silver is
d higher at 79 d.
Minneapolis Flax Market
Minneapolis, Jan. 21. Flax No. 1.
114; April. 504 0 505.
609 9
San Fraselseo
San Francisco, Jan.
85 0 36c; large hens,
30 0 82c.
Poultry Market
21. 4V. P.) Broilers.
32 088c; best docks.
New Tork Ssgar and Coffee
New York, Jan. tl. TJ. P.) Coff
No. 7 Rio. laVae: No. 4 Santoa, 28 026c
Sugar Centrifugal, raws, $10.84 0 IS. SO;
granulated, $15.00018.00.
G.C.MILLER
ft COMPANY
3
BONDS AND
iNfflg?' INVESTMENTS
SECURITIES
Must Be
PROTECTED
By an Ample 1
MARGIN of SAFETY
!
Our list of diversified
offerings merits your
consideration.
Detailed information
will
be sent upon request.
G.E.MILLER
otCOMRAlNY
BOpTDS
CORPORATION Ass VsAl lv
TCLIPHONt iiAIN M9&
204 5 6 NortJiwestOTnlnk
F ORTUAND , ORfttiOfW
Commission House
Is Incorporated to
Do Business Here
Salem, Jan. 21. Articles of Incorpo
ration were filed with the corporation
department here today by the C. H
Chehoweth company of Portland, capi
talized at $100,000. The company will
do a general commission business. C. H.
Chenowlth. J. W. Chase and Maurice
Selts are the Incorporators.
Other corporations filing articles to
day weie:
Rutter Sanitarium, Roseburg, $5000 ;
Dr. V. L. Rulter, Dr. David M. Brower.
B. R. Rlchter. George Rlter.
Ontario Milling company. Ontario.
$20,000; E. A. Ferguson. Bills B. Allen,
David W. Powers.
Fourth and Taylor Street market,
Portland, 15000; E. M. Freyermuth. W.
A. Carter. J. E. Smith.
A permit to operate In Oregon was
granted to Herrin A Rhodes, Inc., a
Washington corporation. R. K. Efflnger
of Portland ts attorney In fact for Oregon.
Title and Trust Co.
Reelect; Assistant
Cashier' Is Chosen
The stockholders of the Title A Truwt
company held their annual meeting
Tuesday afternoon at which all the of
ficers snd directors were reelected for
the ensuing year. An asHlstant cashier
was added to the official funnily, uhlth
title goes to Gilbert H Charters, in
officer of the company The directors
reelected are aa fciloua: J C Ainx
worth, Karl C. Bronaugli. John F. Kaiy.
Walter M. Osly. Franklin T. (Jrlffltn,
J. L. Hartman. R. S. Howard. V. M.
Ladd, Walter Mackay and Robert K.
Smith. Officers : Robert E. Smith,
president : Walter Mackay, Karl C.
Bronsiugh and Walter M. Daly, vice
presidents; Chester A. Fuller, secretary;
William O. Daly, treasurer. 1,. .1. Horns
pay. assistant seoretnry ; (Jilbert H.
Charters. anslHtam ' cashier.
PACIFIC COAST BASK STATEMENT
Portland Banks
Clearings This wock. Tear Ago.
Monday t 6.890.231 95 $ 6.857.819 80
Tuesday 4.708,462.52 4.641.799 6
Wednesday .. 6,280.261.31 4.825,908.04
Spokane Sank
Clearings, Wednesday $3,416 172.00
Balances, Wednesday 818.197.00
RoolU Sankt
Clearings, Wednesday $5,844,286.88
Balances, Wednesday 1,04$. 247 94
Taooma Banks
Clearings. Wednesday $741,760.00
Balances. Woiincdny 67.S8S.00
San Francisco Banks
Clearings. Wednesday $30,470,857.60
Los Aniales Banks -Clearings.
Wednesday . . . ? $ 1 2,602,708.00
FOREIGN EXCHANGE RATES
Corrected dally by foreign depsrtment ol
United Htsles National bank.
Sterling exchange continued te drop. w
later in the afternoon fell to $8.60.
l" . 1 W k. Inn.,, AM.
Opening nominal raves ira w-
$ 8 68
1 1.95
1 52
14 00
17.28
18.98
20.58
95 75
50 OO
London, pounds sterling .
Parte, francs
Berlin, marks
I Genoa, lire
1 Coiienhagen, kroner
' Cliristlsnla, kroner
j Stockholm, kroner
Hongkong, local currency .
Yokohama, yen
llmk
.$ 8.63
. 11.97
1.50
. 14.02
. 17.15
. 1888
. 20 4 5
. 95 26
. 49 90
Edith How absurd of you to tell
that awkward cousin of mine that she
dances like an angel. I don't believe
angels can dance, anyway. Jack Nei
ther do L Boston Transcript.
Uborty.
Liberty,
Liberty,
Liberty,
Liberty.
Liberty,
Liberty,
Victory.
Victory.
LIBERTY BON l hAl.EH
!en High. Low.
SV,s . HW4
1st 4s. . 9204
2d 4, 9OH0
Is 4s. 9240
2d 4s. 9120
8d 4s. 932H
4 th 4 '30
4 s
3s.
9844
98 I I
IIHMH
920(1
U09II
92 89
9126
ti:tri 1 1
0 150
US54
9850
9 UNO
9204
9076
9240
9120
0:t2
n l 26
984U
9842
Close
9890
9206
9090
9280
12H
9834
9I3H
984H
9848
EXEMPT FROM ALL DOMINION GOVERNMENT TAXATION
$177,000.00
City of Saskatoon
6 SCHOOL GOLD BONDS
Doe: January 15, 1950
DENOMINATIONS i $100, $500 AND $1000
These bonds are a direct tax obligation of the entire city of Saskatoon,
Saskatchewan, and are payable in Gold Coin of the United States.
PRICE 87.53 TO YIELD 7
LIBERTY AND VICTORY BONDS
VOU 0ANN0T DO ITTtH VOU V DO MfORBI
Today's onenins New Tor market, which establishes the governing prices for United
JtSZ TJrind VictW bonds all over the world, ts as follows. W. sdvert these
prdTilTm orte. tSTt J msy slwsy. have the highest m.rk,t pric. before you snd
know the exact value of your Ubertand Victory bonds:
ltt. 4, 47 a 4s 4 4. 8s 4s
SS& tSS:: ? '?
wfciw a-rvs-. a?
tbe New York market, plus the accrued Interest
Bursler ana fireproof Safe trapeen Boaae for Rem. Open Until a a, m. on Baturdaya,
MORUIS BROTHERS, Inc.
THI RCMIIR mUMIOIMt aOaiD MOUtI CAPITAL ONI SIILtlOSJ DOLLARS.
Morris Sulldina. aOB-811 Btark at., Sth and Bth.
rawl.es. UrZZZ 2181 Established Ovae Quarter Oaniury.
3
E. H. ROLLINS & SONS
411 United State Bank Bldf., Portland, Oregoa
Phone Broadway 1274
We offer tshject to prior sale
$50,000 San Diego County, Cal., Highway
5 Bonds
Dae Serially 1(7 to 19it. Price to yield 4.8t
$100,000 State of South Dakota 5 Bonds
Dae Serially 1$8 to 1989. Price te yield 4.9&
Fall particular oa application
CITY OF PORTLAND
CITY OF PORTLAND
CITY OF PORTLAND
CITY OF PORTLAND
CITY OF PORTLAND
87 Sixth Street
lyPevereaux Sitgmpany
MUNICIPAL BONDS
Broadway 1042
Ground Floor Wellg-Farjo Building
.Arthur Berridge & Company
1 Certified Public Accountant and Auditor
Income Tax Specialist and Adviser
619 Worcester Block. Mais. 8621
Your books tell some story of your business, either true
or false.
If true let us verify it. If false Jet us rectify It
Let us solve your income tax problem
CONSULTATION FREE
HALL & COMPANY
Boy sad S0 U. S. CoTommant, Foreifa Geveraaiaai
Railroad. Public Utility.' Industrial. MugticipaJ
BONDS
Quotations Upon Roquest '
Ltnria Bldf., Portlaad, Or. , i . Tslephotve Marshall 65S