THE OREGON DAILY JOURNAL, PORTLAND, FRIDAY; FEBRUARY 20, 1920.
16
J
GRAIN CROP
BUTTE
DUE SOME Til
Four Ont Rlw In Values as Well as
In Buttr-rfat Caused by the Insis
tent Call From California.
The 4c a pound advance in the price
of butter and butterfat mentioned in the
last edition of The Journal Thursday,
went Into effect Friday with the market
very firm.
Burn a con rue tn butter price liad been ex
pected her, for torn, time, although the leading
niMik were mikmi eveo elfort to keep
values down because of the fear that mich
movement of value would here very bed. effect
when surplus ml ihowu in the trade.
It lie been the extreme rail for supplies from
California a well ai from otner place that finally
forced the aharp advance in batter value- here.
Kor some daya cubea hare in reality been 2c
higher proportionately than the print values and
ach a condition could not exist Indefinitely.
Xo change m previously made in print price
her because the trade felt that the cube advance
and tha California demand would, be of short
duration, but auch a demand haa continued and
1 atlU ahown not only here but at other F'aclflc
Northweat point.
Thoaa deairing special information -regarding
any market abould write the Market Kditnr, Ore
gon Journal, enclosing stamp for reply.
h.(iO TRADE IS HOLDING WELL
With a further advance in the price of egg
at California point, the local trade i holding
very well with no change in quotation here
during the day. Receipt continue liberal with
the quality excellent.
CHEESE TRADE. IS DEMORALIZED,
Trade in the cheee market i thoroughly ile- ,
moralised here and packer- are offering triplet
down to 3o a pound in 10 rase lota -to whole- .
Ier. Till is tor the output of district out
bid of Tillamook. The latur is quoted steady
but nominal here. j
SWEET STUFFS ffHOWISO A HISE
Loral cracker companies announce an advance
f t about lie a pound all through the cake list.
Tha rise is said to le due in a measure to the
recent advance in sugar and other materials.
ORANGES TO SHOW A BIG RISK)
Loral trade ha been notified of a further
sdvaBr approximating 31 a caw for orange in
slifornis This line will probably be generally
in force in the local trade during the coming
eek.
POTATOKS AND ONIONS QIIKT
Both potato and onion are showing a quiet-)
tone in We local trade. Litue country business
is shown in either line and shipping sales are
tiominal at unchanged values. Trice:! on the
(treat also unchanged.
HRIF.F NOTES OF FHODt'CK IRADK
Carload of mixed California vegetables in.
Celery still very carre and sales at 12.00
-.25 per dorn head.
Country killed veal firm; heavy hogs down
in 15(16r.
Walls Walla reports scarcity of hothouse
j'unbarb.
Apple trading still improving; demand for all
efferings.
WEATHER NOTICE FOR SHIPPERS
Wsatlier bureau advises: Protect shipment
. during tha next Hi) hours against the following
minimum temperatures: Going north. 32 de-.-,
northeast over S., P. A H. It. It.. 24
degrees: eaU to Raker, 20 degree, and aouth
i Ashland, 28 degrees Minimum temperature
ut Portland tomorrow about 32 degree.
WHOLESALE PRICES IX PORTLAND
These are prices retailer pay wholesaler,
ereept as otherwise noted:
Dairy Products
' "JCTTER Selling price, box lots: Creamery,
tir'me parebmsnt wrapped, floe pr lb.; prime
firsts. 84a lb.; firsts. 63C4)4c per lb.; smaller
tot at an advance. Jabbing price: Cube ex-rr,-
62c lb.; prlmo firt. uOc iwr lb.; curton-,
lc ex Ira. 'Selling price Nu. 1 storage butter,
flue: off grade. 4 9c per lb.
BUTTERFAT Portland delivery bi.
lift:-: country stations. 03 (i 04c
OLEOMARGARINE Beit brand. 40c
lurjr, 38 Vic: bakers, 33c; Nutmargarine,
3 9
ordl
1 lb
rt oris, 32e per lb.
CHERSK Selling price: Tillamook Fresh Ore
C.'n, fancy cream triplet., 85 S 3c lb.; Touna
America 36(9 8Tc. Price to jobbers, f. o. b.
I illamook. triplet!, 82c; Toung Americas, 38c
Sailing price: Cream brick, 40 042c; buying
'irice of Coos and Curry triplets, 31r; Young
America. 32 Vic lb f. n. b. Myrtle Point. ell
inr price: Block Swk. 48 W 49c; limburgcr.
UK 42c per lb.
fcGGS Buying price Cnrrnt reclpts,
.'ifc; randled, selling price. 44?43c: select,
41 3 4?o per dozen.
I.1VE POULTRY Selling price: Heavy hens.
34 Sc; light hem, 28 30c: spring light. 35
&40c; heavy, 2c lb; old rooster. 20c per lb.;
squabs. $3.00; dreaed ducks. 4(c."K)c lb;
pigeons, $1.8002.00 per dnaen; turkeys, live.
Ho 36c lb ; dressed, BO 82c lb.; dressed
-eae. 30c lb.
srh Vegetable and Fruit
KIIESH FRUIT Orange. $6.75 7.00 per
U..i; bant net, 10$ 11c per lb.; lemons, 16.50
e 7.B0 per crste: Florida grapefruit. $li.0U u
7.00: pear. $2.25 3.50; grape. Kmperior.
. 12 4C per lb
BERRIES Eatern, $12.00(918 00 barrel
APPLES Various varieties, local. $1.25W
$2.75.
DRIED FRUIT Ite. lromedaiies. $9 00:
Fards. $8.78 per box; raieins, 3 crown, loose
Muscatel, 18c per lb.; figs, $3.505.60 bci.
ONIONS Selling price to retailers, .Oregon.
8S.00 per rwt. ; associated selling price, i ar
'oad. $4.80 f. o. b. country: garlic. 4i)e per
lb. green onions. 40c per doxen bunches.
POTATOES Selling price, $t.0O4.50 pet
rwt.; buying price for fancy large ize. $3,60 9
8.76; ordinary, $3.00 per cental; aweeta.'.Sc
per lb.
. VEGETABLES Turnips. 13 HO per sack
arrets. tl.5801.7S; beets. $3.00; csbbsge.
-Oregon. Br per lb.; O-Jifornia. 0c per lb.: lt
tnre. I.T33.25 per crate; uenmnera. Oiiifor-
ia. $2.00(6 2.25 doz. ; tomatoes. JS.ol O-4 00
lug: egg plant. 86c lb.; cauliflower. $1.60
3.00; bell peppers, 36c: sprouts. 17c cer lh -
Hubbard squash, 6c 'b. ; parsnip. $3.0003.60 !
t er aek; rutabaga, $3.0t cwt. ; relejv, $2 00
i2.2& dot.
Meat and Prevision
COCNTRT MEATS Selling price Countrv I
hoe. 304 ;21c per lb. for top blockers; heavy I
160 10c; best veal. 26 (rf 2tt H c lb.; heavy I
real, low lie per IP. ,- ,
SMOKED MEATS Ham, 2737c;r lb.;
breakfast baron. 32? 50c; picnic. 27 28c;
: cottage roll. 80c per lb.
LARD Settle rendered, 29 c lb.; standard,
28c; tierce basis, compound, 20c.
Fish and Shellfish
' 1 f'RKSH FISH Salmon, fall. 24 20c per
lb.: chinook, 38c per lb.: halibut. fresh
i!3c; sturgeon, ; black cod. 10 11c lb.;
iJiver smelt. 10c lb.; salmon trout. 202(Jc
, lb. ; kippered salmon, $2.05 per 10 lb. basket;
, kippered cod, $2.3; Columbia emelt, $1.23
3 .60 box.
SUGAR Cube, $16.75; powdered. $10.45;
fruit and berry, $15.90; yellow, $15.80: gran
nlAted. 815.90; txtra C. $13.50; golden U.
818.40.
, HONEY New, 17.80 8.00 per ease.
RICE Japan e'yle, No. 1, 14 He; Xew Or
leans, head. ) ; Blue Rose. 154c per lb.
SALT Ooarse. half ground. 100. $17.75
per ton; 60s, $19.60; table dairy. 60s. $20.50;
l.l. $8.80 4.O0; fancy table and dairy.
838.50; lump rock, $26.50 per ton.
- BKANS Oregen (sales by jobbers): Lady
Washington. 7 8c .per lb. : pink. 8c ; Umaa,
15c; bayou. 10 He; Oregon bean, buying price,
nominal, 6 H e per lb
CANNED MILK Nominal. Carnation,
$0.10: Borden. $6.00; Aater. 86.00; Eagle.
11.28; Libby. $.10: Mount Vernon. $.00;
Haaelwood, $0.00 per case.
COFFEE Roasted, 87 61c in sacks or
drama
. SODA CRACKERS In bulk. 17 He per lb.
NUTS Walnuts. 35ef40c per lb.; almon.U
S8e; filbert, Bo in sack lr,t: peanuu, 15 0
I vi . pecans. 2&e: Brasila. 80c
' Mopes, Palms, Oil
. ROPE RUal. dark. 18 He; white. 20c lb.;
atandard mantle, 23 H c
- UNSEED OIL Raw. bbls.. 82.0a gaL; ket-
'-b Ctoctta, Boada, Cattaa. Qrala. Eta,
118-tIT Board t Txsvtta BaUaJac.
lOverbeck&CgfikeCo.
' DIRECT PRIVATE WIRES
,TO , ALL, EXCHANGES
...n tC eat Vara Calear Board at Trade
CrreeNadeate . ml Lerea Bryaa
" . :. CklMf '""v Ktw Ttr
OUTLOOK IN
0
MA1UCET
BASKET
By Hjmaa H. Cohea
At the present price of smelt and with
the exceedingly good quality now ahown.
It is advisable that every housewife put
up so roe of this superb stock for other
seasons when fish is scarce and high
priced.
It la a very easy matter to put up
smelt so that they will keep perfectly
for many months.
First, a clean barrel or crock should be
obtained. Then a layer of smelt should
be put in. This should be followed by a
thin layer of salt and then a layer of
smelt and so on. No water should
be put into the package.
The fish will then make their own
brine and will keep in perfect condition
for an extended period, or until needed.
When some of the fish are wanted for
cooking they should be removed and
soaked in fresh water to remove the salt.
Then they are ready for the frying pan.
The following price are average ones that
consumer are expected to pay at retail store. I
Quality noted is the average, fancy stuff being,
lower :
Freshly laid, 88c per dot; faaey fresh,
50c per dot.
Butter Best creamery prints, 70 9 T5c lb.
Cheeae Fancy. 40 4 5c per lb.
Chickens Dressed, 45 & 50c per lb. ; geese,
dresser, 85c per lb.; turkeys, 60c per lb.; ducks,
0r per lb.
falmon 35c per lb.; Columbia smelt, Sc lb.
Flour Beat local patent, $3.45 3.50 per
sack 4D lb.
.Potatoes Burbanks, fancy, 4 V c per lb. ;
sweet. 1012tte per lb. .
Onion Dried, 6 $ 7c per lb.
Tax Time Holding ,
Coarse Grains to
A Nominal Trade
NORTHWEST GRAIN RECEIPTS
Cars
Wheat. Barley. Flour.
Portland, Fri. . . 84 ... 15
Year ago 18 ... 5
Season to date . . 6144 169 3901
Year ago 6256 884 1779
Taeoma. Thurs. . 15
Y ear ago 5
Keason to date . . 5163 71 1975
Year ago 4 64 9 29
Seattle. Thurs . . 8 1
Year ago 2 1 6
Season to date . . 4546 229 643
Year ago 4744 57 993
7
2 11
40? 1830
597 2582
1
1
147 657
134 1008
3
.... 2
562 1068
503 2189
Coarse grain markets, while still very
dull, are showing indications of better
ment a a result of the California dry
spell, which has greatly curtailed pros
pects for new crop oats and barley in
the South.
Lack of activity in the local trade at the mo
ment is due mostly to the near approach of
March 1 tax time and all interests are trying
to hold their stocks to the minimum until after
that date.
Wheat market remains sluggish, with the only
movemeut in seed stock. But little of this is
offering.
Trend of the hay trade is steady at former
price.
WHEAT Nominal buying price, bulk: Blue
stem. $8.04 Vi 03.05; fortyfold. $2.802.85;
turkey red. 82.00 2.91: marqui. 13 3.05;
club. $2.28 & 2.30 per busbel. Portland track
delivery.
FLOUR-Selllng price, new crop: Patent.
$18.16; whole wheat flour. $10.76; Willamette
valley, $10.65; local straight, $10.50; bakers'
local, $13.16; Montana spring wheat, patent,
$13.75; rye flour, $10.10; oatmeal, $18.00.
graham, $11.30. Pricta f-,r city deliveries In
live barrel lot. .
HAT Buying price, new crop; Willamette
timothy, fancy, $28; Eastern Oregt n-Washington
timcithy. fancy, $28; Eastern Oregon-Washington
vetch, 2425; chtat. $17; traw, $10; clover.
$27; grain, $28.
GRAIN SACKS Nominal: New crop delivery
No 1 Calcutta. 18c in car lota; less amount
higher.
MIU.RTUFFS Mlllrun at mills, sacked
$43 00 44.00.
..iA l'er Ion buying price, feed. $03,00 0
03.60; milling, $66 ton.
HAItLLV Buying price, $71.60; milling
$72 30 ton; rolitd Barley, selling price $73.00
W 7S.00 ton '
Merchants exchange bids:
FEED OATS
Feb.
i3950
RLET
.VUn:l'. April.
.".1)511 6000
No. 3 Tlute
-No Bids-
i'ORN
! No. 3 .vew . 5700 575( 5751,
1 No neasi.vii of the Portland merchant ex
I cliange win be held Monday on account of
I Wadmigton' Birthday,
i La-'ttrrn oats and corn in bulk:
OATS
. 5850
. 5860
CORN
. 5800
I
5900 :
0000
I
5S50 I
36 lbs. dipped .
U8 lbs. clipped . .
."Uuu
6960
No. 3 yellow
5860
AURORA HOP CONTRACT IS
MADE $7 CENTS POUND
8aln, Or., Feb. 20. A contract for the sale ;
of the hops produced from his 24 acre tract ;
near Aurora at 37 cents per pound has Just been !
. . 1 . 1 l. .. t, . T 1 . . 1 . - '
v uj ucurj kdu, me purcDaser Deing
a London firm. The contract Is made for a
period of three year,, with the 3 7 -cent price
holding good also for the second year and 30
cents ior the third year.
( hlcaero Dairy Produce j
Chicago, I-Vb. 20. (I. N. 8.) Butter Re-
chits. 4j65 tubs, freemen, extras. .; utra '
firsts. 82ic: first. 67 (S 64c; seconds, 49l
53c; packing stnex, 30 (3 33c
Kggs Receipt 13.990 cases, mixed receipts I
" " i,ri. 1 nitiii, sf qiduc; xirsrsv 03c;
extra, refrigerator. 2540c; checks, 3538o;
dirties. 40s44c.
Cheese- Twin, new. 2728e; daisies.
TO Vt 31c: Toung Americas, 30 S 30 Vic; long
horna. 3232V4c; brick. 27 Vi ( 28c.
Lire Poultry Turkem. 40c; chickens, 35c;
springs, 31c: roosters, 24c; geese, 27c: ducks
3c; slags, 27c.
New York Bolter and Frr
New York. Feb. 20. .(L N. S. ) Batter
IHrmer. Creamery extras, 07 iff 69c; do firta,
6366e: do higher scoring. 68 71c; state
dairy tubs. 46 65c; renovated extra. 64 55c;
imitation creamery, 4647c
Eggs Steady. Nearly white fancy. 71
72c; do brown fancy, 70c; extra. 8(9c;
firsts. 65c.
tie boiled, bbl.. $2.08; raw. eases, 82.21;
boiled, eases, $2.23 per gallon.
COAL OIL Water white, in drums or Iron
bbl.. 13 He gal.: cases. 24o gal.
O.VSOUNE Iron bbls.. 25c; esses. 25 He;
encins distillate, iron bbls., 16c -a.es. 26 He
WHITE LEAD Ton lots. 14 c; 600 lbt.
14 c per lb.
TURPENTINE Tanks, $2.13; cases, $2.28:
10 case lots, lc less.
WIRE NAILS Basic price. $5.16.
Hope, Wool and Hides
HOrs Nominal; 1910 crop. 60c prr lb
HIDKS No. 1 salt cured hides (under 48
lbs.). 27c: No. 1 salt cured bull hides, 18c
partly cured hidea, 2c per lb. lew; green hides
5c per lb. less: No. 2 hides, lc ner lh l.
slipped hides, one-third less than No 1 hirim.
CALF AND KIP SKINS No. 1 trimmed skin,
(up to 15 lbs.), 75c; No. 1. trimmed kip skins
(16 to 80 lbs.). 35c; No. 2 skin. 2e lb 1T
hair slipped skins, one-third leas than No. 1 skim."
DRY HIDES AND SKINS Dry flint hide.
(7 lbs. and ap, 35c; dry flint bulla. 24c dry
flint calf skin (under 7 lbs.), 6C; dry' aelt
hides (7 lbs. end op). 2sV; dry salt bulls. 18c
dry salt calf akin mnder 7 lbs. ) . 69c; dry cull
bides and skins, half price.
HORSE HIDES Green or salted Large
well-taken-care-of hides. $5.00 9 7.00; pony and
mall hides. $2.5003.60; dry horse hide. $1 50
(3.50; hides with heada off, 60c less; horse tail
bair, per lb., 25c; horse mane hair, per lb 15c
PEL.TS Dry long wool pelt, per lb.,"so
40c; dry medium wool pelta, per lb., 25c0 8Oe
dry shearing pelts, 60c 0 8 1.00 each; salt lone
wool pelts. $2 00 4.00 each; aalt medium wool
pelt. $1.B092.6 each: salt shearing plu. 60e
91.00 each.
MOHAIR Long staple, 40c lb; short staple.
26 80c lb. w
TALLOW AND GREASE No. 1 tallow .-
No. 2, 10c: No. 1 grease. 9c; No. 2 grease. 7e
per lb.
CHITTIM OR CA8CARA BARK New neel
11 He pr lb
WOOL Valley half breed Merino and Shrop
shire, 60c; Cotiwnld and Lincoln, 40 A 45
anstted Cot wold. 30 936c: timber stained 5c
per lb. less: lamb' wool, e per lb. laaa.
Eastern Oregon, Eastern Waahingtoo and Cal
ifornia Wool Merino and Shropshire. SS M 40c
half blood Merino and Cot wold. 37 (9 42er Sbroo-'
shire. 87 945c; Cot wold and Lincoln, straight
and mixed. 32 (8 35e; burry. 5c per la. leaa
lamb. 4o per lb. leaa. '
Fiee Wools Merino eonbisc end cardlnc
gmd SO 9 8 re
CENTRAL OREGON IS VERY
L
CROPS HOPEFUL
Outlook for Wheat Excellent Accord
ing to C Ray Beekley Tall Wheat
Up One Inch at Mayville.
!
Crop conditions In Central Oregon are
excellent and present prospects ara for
one of the best outputa that section of
the state has ever shown.
C. Ray Beekley of the Bheridan-Beckley com
pany of this city, haa just returned from aa
extended stay at his ranch near Condon, and re
ports the outlook for grain as most hopeful.
"Fall wheat is about one inch high at this
time In the Mayrilla section," says Mr Beekley,
"and it looks goad. While the area, planted is
not aa great as in some yean, there, ia much
moisture in the ground and already spring
plowing is so well advanced that a very liberal
amount of wheat will be put in within the next
few weeks.
"This is certainly a wonderful lesson for
sheep and other stock. Sheep took fine and
lambing ia already under way, with a good per
centage of baby stuff. Cattle and sheep men
hare all turned their stock on the rang be
caune of the mild weather conditions.
Exchange Rates Are
Lifted Sharply in
New York Market
New York, Feb. 20. (C. P.) Demand
sterling continued to regain strength today. The
British pound was quoted at the opening today
at $3.464. a gain of 2 4 cent.
In the first half hour sterling gained cent
more to 88.47
Francs opened strong at 13.27, np 30; and
U.rk. were" st"-.0107 and Vienna kronen
.0041.
At $3.474 aterling touched a new high on
the present move, showing a recovery of 29 Vi
cent from it record low of $3.18 on Feb. 4.
After rising to $3.474 sterling reacted to
$3.46. Francs declined to 13.29 and lire to
17.42.
Toward the close sterlSnf recovered Vie to
$3.444.
LIMITED OFFERINGS
COARSE GRAI.N'S HIGHER
By Joe. F. Prttohord.
Chirauo. Feb. 20. (L N. 8.) Corn showed
net losses for the day of 14 0 2 Vac nd the
lowest level were rescusu jiut iud wwc.
Oats were 1 S 2c lower, and rye suffered
declines of 34VjC-
Provisions were all lower and alow.
Chicago. Feb. 20. (L N. S.)-LimiUd of-!
ferings at the opening steadied both the corn
and oats market, the former starting steady to
c higher and the latter steady to a fraction
higher.
There was no trade In provisions on the im -
mediate opening, but trades made shortly after
ward were 10c higher for pork. 5 13c higher
for lard and steady for ribs.
fuhedbythej
I
'
Range of Chicago price as
United Press:
CORN
Open. High.
Feb 142 142
March 141 1414
May 134 Vi 185
July 131V. 131 '4
OATS
Ixw.
140
189
132
12B
T8,
71S
Close.
1404
1 39
1324
128
784
71V.
May
July
May
May
July
804 SlVs
73 Vb 73
PORK
.8485
3500
LARD
2142
2190
RIBS '
3460 3460
.2135
.2190
2120
2167
2120
2167
May
July
.1847
. 1910
1865
1912
1842
1890
1842
1890
DAILY PRODUCE OF THE COAST
Sen rr.ncl.co Market
San Francitco, Feb. 20. Butter, extras 6 8c ;
prime flrsu 08c.
Egg Extra. 52 He; fresh. 48c; extra
pullets. 45 He; undersized pullets, 40c
Cheese California flats, fancy, S0V4c; fresh,
28Vc.
Seattle Market
t .
Seattle, Feb. 20. Butter Fresh creamery
extra, brick lc: cubes, 62c 0 .
Kggs Fresh ranch. 47 4 8c; pullet. 42
43c doa.
Chi-ese Oregon and Washington triplets. 32c
Raw milk Per cwt., $3.05.
Los Angeles Market
Los Angeles, Feb. 20. (I. N. S.) Butter
'.l,fr.rn, rre.merT etr. fijr.
Eggs Fresh extras, 42c; cane count, 41e;
pullets, 40c.
Lave poultry Hen. 35 38c; broilers, 35c:
fryers, 43c.
POTATOES AL0XG THE COAST
San Franclsoo Market
San Francisco, Feb. 20. (U. P.) Potatoes
River White. $4.50(4.5.00; Salinas. $5.25 (g
5.50; sweets, $5.00 5.25.
Onions Yellow and white, $5.00; Australian
brown. $4.50 4.75.
Lee A nee! as Market
Los Angeles, Feb. 20. (L N. 8.) Potatoes
New stork Stockton Burbank. special brand.
$5.50 ( 6.00. mostly $5.85 6.00; fancy,
$5.25 5.60: Idaho russet. $5.50 5.65; local
stock, lug boxes, $1.75 (so 1. SO; local White
Rose. $5.75 (g 6.00.
Seattle Market
Seattle. Wash.. Feb. 20. -Onions
Oregon, 5 i 4s 6c' lb.
!L X. 8.)
Potatoes Yakima (iems, $100; local
90.00 ton. Sweet, 6 He lb.
$85.00
.Money and Exchanae
New York. Feb. 20, (L N. S.) Csll
money on the floor of the New York stock ex
change today ruled at 6 per cent; high, 6 per
cent; low, 6 per cent. Time money was firm.
Rates were 9 per cent. The market for prime
mercantile paper waa strong.
Call money in London today was 4 H per cent.
Sterling exchange waa easy with business in
bankers' bills at 344 for demand.
Liverpool Cotton Easier
Liverpool. Feb. 20. (I. N. S.) Spots
opened quiet; prices, easier. Sales, 6000 bales.
American mid. fair, 85.76; good mid., 82.70;
fully mid.. 81.76; mid., 30.61; low mid.. 27.40;
good onl. 24.86; ord., 28.26.
Futures opened quiet.
British Sell Cloth '
London, Feb. 20. (L J. 8.) Tbe Britih I
r 0ice na sow lo.uuo.ooo yarris of rianpel
Chronicle it ted today.
ew York Metal Market
New Tort. FeB. 20. (L N. 8.) Coppe:
rirm; apot onerea. i; Feb., istt Of 19
March.
18ll(; April ottered. 19 tt.
Lead Firm; apot, Feb. and March,
8 74
tt.
Spelter Unsettled; spot, Feb.. March and
April. 8 3 905.
Chicago Potato Market
Chicaeo, Feb. 20. (L N. 8.) Potato
Receipt 37 can. Mlnneaota and Dakota Ohio.
$4.2504.45.
Mlaaeapolla-Dulith Flax
Puluth, Feb. 20. (I. N. 8.) Flax Feb.,
$5.12: May. new. $4.85; old. $4.50; July.
$4.25; track, $5.125.17.
Minneapolis, Feb. 20. I. N. 8.) Flax
seed No, 1, $5.12 0 5.17; April. $5.07 5.12.
Baa Fraaelseo. Barley Calls
San Francisco, Feb. 20. Deember barley.
2884 bid; 288 aak.
California grain bats, buyers. June-July, f 8 tt
bid, 19 tt aak.
Naval Stores Market
New York. Feb. 20. (L N. 8.) Turpaa
tine Savannah, 188; New York. 194,
Rosin Savannah, 1590; New Tork, 1768.
Sew York Sagar aad Coffee
New Tork. Feb. 20. Coffee No. 7
144 15c; No. 4 Santo. 2424c
Bugar Granulated. $15.0016.00
Rio
Saa Fraaelaeo Poaltry Market
San Francisco. Feb. 20. (TJ. P.) Poaltrr
CENTRA
OREGON
E
AID TO STOCKS
Sharp Advance In Foreign .Money Is
Cause of Liberal Advance in hares
on the New York Market.
New Yet, Fab. 20. (!. R. .) Tha stock
marks ctoeed Irraaular today. atast af tha
active issues shows reactions from the seat,
while soma of the specialties continued la ataman
In the final ataallnaa. Steel eetitmen react! ,
from the hleh te SS Vt . andleoU-Johnson ad
vance further ta 122, a net ealn of nearly 10
point. American Woolen reacted t'a from the
hleh te 1 X Vi . Baldwin Loco, sold off ever 1
point to 112. General motors yielded over 3
potnte te C50 V end Pan-American Petroleum
ever t point to ST's. The railroad Issue
were fractionally lower. Southern Paeafle finish
ing at S7H, R sad In at 7S4 and Atchison
at Mtt. Mexican Pet. was finally 179',
Studebaker SS, Republic Steel 101, and
U. . Rubber 101'..
New York, Feb. 20. (U. P.) The
stock market was Irregular at the open
ing today. Some of the big speculative
Issues made gains, General Motors being
up lYt to 238 and Mexican Petroleum
up 1 to 178, but United States Steel
again eased off, losing to 98 ; Stores
opened at 70, off V4 ; Southern Ry. 23,
off Vi ; Baldwin 110, up hi ; New Haven
31, unchanged ; Sinclair 39, off ;
U. S. Rubber 99, up ; Union Pacific
120, up , and Pan-American 84, off 1.
The strength in sterling exchange, which
made a new high on recovery today of $3.47 Vi.
created a decidedly favorable impression in the
stock market and resulted in a big advance in
l - t SP'&l 'PZtSt
General Motor advanced about 8 point to
244. Mexican Petroleum rose above 180, Pan
American sold at 87V. At its highest. Mexi
can Petroleum was op nearly 20 points from
its low on the break.
Market closed reactionary. General Motors
sold off about 6 point from the high in the
late dealing. Mexican Petroleum was off 3
and Pan-American off over 2. Much of the
selling wa thought to be profit taking.
Furnished by Overbeck k. Cooke Co.. Board
of Trade building:
t'ESCRlPTlON :
I Open I High I Low Clo
Alaska Gold
IS
40 Vi
444
89
82
44H
132
43 Vi
224
93
91 Vi
02 Vi
424
127 4
85 V
97
i24T4
17 4
67 Vi
84
146
110
34
88 V4
112
13
1
42
45
'64"
i si '
43
224
95
84 H
I 1HI 1
I Allis Chalmers
40 Vi
444
41
Aiioy oieei
I Am. Agr. Chem. . .
i Am. Beet Sugar..
. Am. Can, c
I Am. Car Fdry. . . .
1
I inL Carp
' Am. I.oco.. c
Am. Smelter, c. . .
i Am. Steel Fdry. . .
' Am. Sugar, c. .
A- Humai Too.
Tobacco
! Anj; woolen, "c'.'.l
I Am. Zinc
454
89
884
44 Vi
132 V4
43 Vi
22 Vi
94
93
634
42 V
82
i32 '
43H
22
93
. . . .125
83 I 85
97V4I 97 Vi
225
.128 Vi
85 H
97 4
lVi
59 H
17V4j 184
- onda M. . Co..
AtL Oulf A W. L
Baldwin lxco., c. .
57
58V
83
151
112 4
99 Vs
34
88 S
115
13 Vi
26
124 Vi
78 Vi
152 V4
146
114 Vi jllO
'soki'sis
I
1 do pfd
Balto. eV Ohio. c. .
Beth. SteeL B. . . .
Bosch Magneto
Brook. Rap. Tran.
Butte A Superior.
Canadian Pacific
Central Leather, c.
joys, -iv 1 a O 73
25 27 26 Vi
14 18H
124 125 4 ,1-4
774
67 Vi
81 HI 77
58 HI 56
Ches. k Ohio
57
! Chicago Gt. Western
I '., M. A. St Paul. .
i Chicago N. W . . . j
i Chile Copper
I Chino Copper ....
I Continental Can . . .
; Col. F. A Iron
I Con.-olidatd Gas . .
i Com Products, c. .
9
88 Vi
86
17
86 Vi
81
38
, I 10
89 Hi 88 I 38 V4
1 Hi
17 ) 174
36 I 36
81 804
18
37 i
81
38
3841 88
80 1
81 Vi I
80 1 79
79
81 i
200
97
7 s. !
1.4 U '
66 H
157
250 .
70 .
39 !
37
78 I
33
64
87 ;
.87..i
64 i !
19
1 Crucible Steel, . .
203
208 H 203
do preferred . . .
D. & R. G
Erie, c
i I-
8 .
14V.
66 V
157
15
14
157"
JjJ
General Motor.....
1 Goodrich Rubber . . .
; Gran by Con. ......
Gt. Nor. Ore ....
' Gt. Nor. Ry
1 Greene Cananea. . . .
Gulf State Steel .. .
'Ice Securities
minoia Central
1 Industrial Alcohol ! !
. innpiration Copper. .
jnt Agr. Chem.. . .
nt Harvester
j Int Mer Mar..' c . !
' Int. Nickel
! g"1- Ci'7 0
159
254
71
'384
78
238 4
2374
694
37
36 T4
78 Vi
33
69
3-6
78
88
84 H
54 S I 55
53
1117 H
I 31
SO
21
18
29 H
29
82
30
21
21H i
19
30
ie"
45H
32
17
29
17, ;
29 tt I
30 tt !
75 1
aranecoH vaijjvw.
Keystone Tire. .
Lackawanna Steel
Iehigb Valley . . .
Maxwell Motor, c
Montana Power . .
Mex. Petroleum .
Miami Copper. ..
Midvsle Steel. . .
Mo. Pacific, c. .
Nat. Enamel . . .
Nat. Lead
Nevada Cons. ...
New Haven
13 H
44
27
4
178
22
46
20
75 H
80 H
15 4
31
103
72
73H
44 "ft
1'8
177',
44
64
179 H
182
22H
I 464
28
75H
80 j
154 I
754
81
75 H
80
31 tt
102
71
' N Y. Air Brake.
N. Y. Central...
103 tt 103
I. .
i
Norfolk W . .
N orth. Pacific . .
Pacific Mail . . .
97 I
78Hi
. . . . !5tt
78 tt! 77 tt
I 38
37
Penn. Railway 42
People's Was 38
P. Steel Car 1 91
i'tt. 1 f.. I 4-
- .
' i "7 tt
f4
Ray Cons. Copper. 1 20
j 20 tt
.... 4
74 75tt
1101 H
Ry. Steel Springs. .
Reading, c
Rep. Iron eV Steel, c
Rock Island, c. . . .
Shatturk Copper . .
Hloss Sheffield . . .
80. Pacific
Southern Ry., c . . ,
Stromberg
Studebaker. e.
St. Louis S. F. .
Swift & Co
Tenn. Copper
Texas Pac
Tobacco Prod. . .
Union Pacific, c. . ,
United Food Prod. .
United Fruit
U. 8. Rubber, c. . .
U. S. Smlt. at Ref . ,
U. 8. Steel, e
Utah Copper . . . . ,
Virginia Chem, 0. ,
Wabash
Western Union . . .
Willys Overland . .
75
78 tt
f7
31tt)
ii"!
S I
33 tt
31 tt
1 1
71 H
97 tt
23
61 tt
8tt
fiHtt
24
97 H
23 '4!
23
61 ', i 3 S 1 60
88 0 I s
23 T; 25Vil 23 S
B3
120
120
ll9tt 120
I 10'i
I 3 tt
r,rtt
120 tt
10 tt
38 tt
70
10',
3tt
68 tt
....
J
69 tt
11914
61
184
101
65 tt
99 tt
73
65tt
9 74
85
25
120 tt
119
I 60 tt I i
185 185ttH84
99 tt
103 Vi 99 tt
64
98 tt
Istt
10
24 tt
99 tt
74
io'tt
25 tt
98
72
''4
24 tt
Total aalea Stocks
1,056,700 shares; bonds.
14, 199,000.
Ex. dlv. 1 4 per cent
COTTOX IRBEGULAB WITH A
QUICK CHANGE IN PRICES
New York. Feb. 20. (I. N. fs.) The cot
ton market waa irregular at the opening today
! and tint prices were 1 to 7 pointa lower on
1 near and 3 to 18 points higher on late months.
! There was a disposition among short to cover
over the holiday and thia with strength tn
aterlina exchange Imparted steadiness to tbe list.
EXCHANG
The demand was supplied by offerings from I Monaaj .
the South, which eventually filled up buying j I?1 -.h
nriA mril hown net loe of 1 W ednesday
10 points at the end of the first 15 minute.
New York apot market 3900. 20 points, down,
pointa to a net advance of 16 point.
Furnished by Overbeck
A' Cooke Co., Board
of Trade building:
Open. High. Low. Close.
January 2901 2903 2890 2898
March 8660 3678 3645 .".652
May 3432 3449 3417 3435
July 8210 3224 8200 3212
October ........ 2985 3000 2975 2992
December 2903 2950 2930 2938
New York apot market 8900. 20 point up.
Nw York-Loaaoa SIlTer
New York Feb. 20. (t N. 8.) Bar silver
is unchanged at $1.80.
London. Feb. 20. (I. N. S.) Bar silver la
lttd lower at 82 ad-
LIBERTY BOND SALES
i
i
High. Low. Close.
9670 9654 9656
9040 9020 9030
9084 9010 9080
9100 9080 9100
0084 9052 9070
9312 9290 9304
9100 97S 908K
77 8770 9770
9772 87TO 9770
& -
Open.
Libertr. 8Hs ... 9670
Liberty. 1st 4a 9040
Liberty. 2d 4a... 9020
Liberty, 1st 4tt. 9090
Liberty. 2d 4 tt. . 9053
Liberty.' 3d 4 tt. . 9398
Liberty. 40i 4tt. 90S4
Victory, 4 .... 9770
Victory, Hi.... 77.
Edited by
Hymen H. Cohea
NOT PATRONIZED
Puget Sound Interests Are Bayers of
Swine in California and East Local
Feeders Are Rather Dull.
PORTLAND LIVESTOCK RUN
GOOD
HOME HOG TRADE
Roaa. Cattle. Calve. Sheep.
1705
1580 .... 106
188 190 , S ' 771
807 2 .... 683
697 4 .... SO
890 109 IT 523
"827 19 .... B97
1022 162 1 485
Week ago
2 weeks ago . . .
4 weeks ago. .
Tear ago
2 yeara ago . . .
8 years ago. . .
4 years ago. . .
While there were 18 carloads of live
stock received at North Portland over
night, only about two cars of stock
were available for the trade here. Hogs
were steady to easier, cattle tone Indi
cated extreme stagnation while the
sheep and lamb situation waa considered
favorable.
All but two cars of the liberal run of hogs
that arrived at North Portland overnight were
for outside killers. These supplies came from
both California and Nebraska and were for the
account of Puget Sound shippers who, appear to
be unable to secure Nortoweat offerings.
The hogs that stopped here were principally
of the feeder class and as the immediate wants
of the trade are quite well taken care of, dull
ness waa shown. The general situation, was quiet
with the trade talking of lower prices but no
tops were available for testing. In the East
the markets were higher.
General hoc range:
Prime mixed
Medium mixed
...61B.75 91S.25
... 1S.28915.7S
Rough heavies 11.0016.25
Pigs 13 00 IS. 00
Cattle Demand Is Absent
While there were no arrival in the cattle
alleys at North Portland for the Friday morn.
ing trade, nothing was wanted by killers. The
situation here at the moment indicates nothing
but extreme dullness and it is quite probable
that arrivals would sell at lower figures.
General cattle range:
Best grain steers 112.00 912.75
Choice ateers 11.00 11.60
Goad to choice steers 10.00 (11.00
Msdium to good steers
9.00 10.00
Fair to good steers
Clmmon to fair steers
Choice cows and heifer
Good to choice cow and heifers
Usdium to choice cows and heifers
Fair to medium cows and heifers
1 7anners
8.00 9.00
7.00 8.00
a. 60010.25
8.60 9.50
7.80 8.60
.604 7.60
3.60(a) 8.60
Bulls
Best light calve . .
Medium light calves
.25 9.00
15.60 M 17.00
12.50 (s 16.60
Heavy calves
Blocker and feeders
Mutton Again Absent
7 00 1 12.00
8.00 0 9.50
While there were again no offerings in the
mutton and lamb division of the North Port
land market, trade condition ha general Indi
cate a steady tone at the former price range.
General sheep and lamb range
East of mountains lambs
.817.00918.00
. 16. 00 17.00
. 13.50 14.50
Best light valley "iambs . .
Best heavy valley lambs .
Feeder Umbo
Yearlings
Wethers
Ewes
. 12.0015.00
. 15 00 15.50
. 13.00&18.6U
. 10.00 012-00
Thursday Afternoon (alas
COWS
o. Av. lhs.
2 870
1 87 1
1 18)
1..'.. 160
42 100
4 117
50 149
5 . . . . 224
65 ... . 193
3 286
10 202
1 . . . .' 420
4 197
1 . . . . 220
9 171
14 242
2 225
1 . . . . 480
14 243
3. . . . 183
27 81
4 . . . . 105
Price I No.
t 8.50 I 1
9.00 I 1
CALVES
$17.00 I
BULLS
Av. lbs. Price
. 810 $ 8 50
. 833 4.75
I 7.50 I 1 . . . . 450 5.50
HOGS !
114. 50 S 183 J13 00
14 50 3 Tl 14.25
14.75 2 280 15.00
15.75 4.... 880 14.10 1
18.10 73.... 195 16.10
15.10 8 212 16.10
15.66 8. . . . 217 16.00
14.50 14.... 247 15.65
15.75 3. . . . 106 14.50
14.73 2 185 15.75
16.00 40. . . . 241 16.10
16.10 4 S77 14.00
15.00 4 135 14.00
14.00 13.... 230 18.10 !
15.60 8 230 15.75 i
15.75 I
LAMBS
TEARLIXGS
AMERICAN LIVESTOCK PRICES
Chicago Host $14.7
Chicago. Feb. 20. (L N. 8.) Hog Re
ceipts 22.000: steady to etrong. Bulk, 113.85;
top. 114.75; heavy weight. 113.75 $ 14.1 5 ;
medium weight. $14 00& 14.50: light weight.
114. 33 14.75; light liarht. S14.25 14.85 :
heavy packing sows, smooth, S 12. 50 J 13.25;
packing sows, rough, 111.75 12.50; pigs,
113.25 14.50.
Cattle Keceipts 5500; steady to 25c lower.
Beef steers, choice and prime. 1 1 4.00 1 6.25 ;
medium and good. $ 1 1.50 (g1 14.00 u good and
choice, $12.00 15.25; common and medium,
t8.6012.00; butcher .cattle, better. S6.50&
12.75; cow. 16.50 (? 1 1.50 : bull. $7.00
11.00; cannera and cutters, cow and heifers,
ST. 00 (? 8.60; canner steer. $0.25 ( 7.75: veal
calves, light and handy weight, $1 5.75 17.25 ;
feeder steers, $7.50 (3 1 1 50 ; stocker steers,
aTKAioor. . . i J u T rm
r - ' ' '
t a nil - ,tn., a v it T '. I i nn
j lihxn R-.int. Annn.'.hMn atmr
Sheep Receipt 6000; sheep strong tn high- 1
er; lambs steady to strong. Iambs, 8 4 lbs.
down. $18.0021.50: culls, and common. I
$14.50 17.75: yearling wether. $15.75 s j
19.50; ewes, $11.26 ft 14.50; cull and com
mon, $8.00 10.75; feeder lamb. $16.50 ( 18.
Denver Host 13.4S
Denver, Feb. 20. Cattle Receipt 800;
slow. Steers. $9.50 11.10; cows and heifr-.
fS.OO o 9.25 ; Worker and feeder, $8.50 f i
10.25; calves. $ 1 5.00 w 1 7.25. :
Hogs Receipts 100; strong Top, $13.45. ,
Sheep Receipt 8'KIO: steady. I-arob,..
CIO T r. 1 o. TA. til AA IS. 1 ' nn tMrf, ,
i 1 - , 1 . . . " , - W ' ..... - , - .
! iambs. $17,756" 18.50.
Oman nog i.oo
Omaba. Feb. 20. (I. N. S.) Hogs Re-.
ceipta, ouuu ; acuve ana i 19 -wc niguer. nuis,
$13.60wl3.0; top, $14.00.
Cattle Receipt. 2300; generally steady.
Sheep Receipts, 6000; killing classes 25
50c higher; feeders steady.
Saaltla Hog $10.80
Seattle Wash., Feb. SO. L N. 8.) Hots
Receipts 179. steady. Prime light. $16,000
$16.50; medium to choice. $15.00 91-6.00:
rough heavies, $14.00 14.50; pigs, $12.00
13 50
Cattle Reeavrrt 146, weak. Bert steers. $11
! 12.25: medium to choice. $9.7511.25:
common to good, l7.Z9ttV.9ii; oe cow ana;
heifers, $9.50 e? 1 0.00; common to ood cow,,
$6.25 9.00; bulls, $7.00 8.25; calves, $7.00 I
15.00. j
Sheep Receipt none.
: PACtFiC COAST BANK STATEMENT
Portland Bank
This week.
$ 6,957.149.11
6.596.308,38
5.039.142.92
0.412. 584. 7!i
5.296.659.84
Oearings-
Year ago. i
$ 0.1 14,60.01
4.270.158 28
3.434.0OO.20
3.0U0.O47.40 !
Friday . .
3,162,995.92
Spokane Sank'
Clcaringe Friday $ 1.751.47 8.00
Balances Friday
Taeoma Bank
Clearings Friday $
Balance Friday
569.571 00
757.957.80
72.214.80
Seattle Banks
Clearings Friday $ 6.811.748.29
Balance Friday ' 1.324.920.51
San Franctaoa Bank
Clearings Friday $28,433,108.00
Let Anaala Bank
Clearing Friday $11,485.630 00
Mining Convention
Recommends Moscow
Spokane, Wash.. Feb. 20. To obtain
for Moscow , Idaho, an experimental
station proposed by the United States
bureau of mines for either Reno, Nov.,
or Moscow, the 1920 Northwest mining
convention went on record with a reso
lution favoring- Moscow.
NEWSPAPER MEN HOLD
L STATE MEET
AT THE U. IN EUGENE
' 1 a
Good Business, Gopd Editing and
Other Topics Discussed at
Press Conference.
Unversity of Oregon, Eugene, Feb.
z0- Newspapermen from all parts of the
atate are In session here thia afternoon,
attending- the second annual conference
of the Oregon association. "Good Busl
ness" is the topic of thia afternoon'a dis
cussion. Speakers are Henry M. Hast
trigs of San Francisco, George H. Cur
rey of Vale, Robert W. Sawyer of Bend,
Lloyd Riches of Oregon City, and Dean
Eric W. Allen of the university school
of Journalism.
At a banquet this evening, given by
the Eugepe Chamber of Commerce, ad
ditional speakers will be Edgar B. Piper,
editor of The Oregonian : B. F. Irvine,
editor of The Journal; Robert Case of
Portland. Frank L. Chambers of Eu
gene, and Lteth Abbott, representing the
university student body. President P.
L. Campbell of the university will be
toastmaster.
The Saturday discussion will be de
voted to "Good Editing." Speakers will
be Elbert Bede of Cottage Grove, J. D.
Thomlson of Hood River, N. J. Vansllke
of Milton, George B. Cheney of Enter
prise and Frank Jenkins of Eugene.
A luncheon will be tendered the visit
ors Saturday at Hendricks hall.
Lumber Company Is
Formed at Lebanon;
Has $20,000 Capital
Lebanon, Feb. 20. Lebanon is to
have another manufacturing concern,
the Lebanon-San ti am Lumber company,
with a capital stock of 820,000. The of
ficers are : President, S. C. Stewart of
the Lebanon National bank ; vice presl
dent, Clarence Ingram : secretary-ti'eas-urer
and manager. J. P. Clancy, a
young business man of Portland. The
company will manufacture lumber prod
ucts, deal in lumber wholesale and han
dle the products of other mills of this
section. It has acquired a block of
ground south of the cannery and ad
Joining the railroad for a planing mill
and lumber yard. The plant will be
erected and put inta operation at once,
5
The teachers' training class of the
local high school, under the supervision
of City Superintendent Robert H. Down,
visited the Rock Hill school for the
purpose of studying rural conditions.
A studya was made of the grounds,
building, water supply, sanitation,
library, etc.
Mrs. Stella Small has settled with
the city council for 200 a claim for
11000 for alleged damages for injuries
received by a fall on a defective side-
walk. She is a widow with one child.
Mrs. Ray
Fitzwater
has
been sued
for . divorce on grounds of cruelty.
Fitzwater alleges that she broke his
pipe and threw the alarm clock at him,
and that when he came home at noon
she would take his automobile and stay
away till night They have three small
Borax King's Wife
Granted Divorce in
Sensational Suit
Ios Angeles. Feb. 20. (I. N. S.)
Mrs. Selina Livingston Thorkildsen,
beautiful young wife of Thomas Thor
kildsen, millionaire "borax king," was
granted a decree of divorce here Thurs
day at the conclusion of one of the
most hotly contested and sensational
divorce actions in California courts.
The decree was granted on the i
grounds of foreign Intimacy which the j
court held Mrs. Thorkildsen had proved :
against her husband. j
Mrs. Agnes Smith, a comely widow of ;
Chicago, waa named by Mrs. Thorkild-1
S2n as co-respondent.
Besides the divorce, Mrs. Thorkildsen j
was granted $30,000 as her share of the
community property, $15,000 alimony
and $10,000 for attorneys' fees.
ANNUA
FREE FROM ALL DOMINION GOVERNMENT TAXATION
$197,000.00
Province of Maraitk
FIVE YEAR 6
TO YIELD
DUE: January 2, 1 925 DENOMINATION $1000
An issue of GENERAL OBLIGATION bonds of the Province of Manitoba meaning
that all the taxable resources of the entire province are pledged to pay interest and prln
i cipal as they come due. These 'bonds are payable in GOLD COIN of the United States at
the fixed rate of 14.866 to the pounVl sterling;.
FINANCIAL STATEMENT
Assessed valuation of property SS44.J19.369
Net bonded indebtedness" 13,316,300
Annual production of field crops, livestock, minerals, dairy
products, manufactures, fisheries, and lumber....:.... 318,000,000
Population 1919 (estimated) ..... .613,000
Area, 251,832 square miles
PRICE: 95.84 to Yield 7
BURGLAR AND FIRE PROOF SAFE DEPOSIT BOXES FOR RENT
MORRIS BROTHERS, Inc.
Tha Premier Mitnicipal Bond Hout Capital On Million Dolrara
MORRIS BUILDING, 309-11 STARK STREET Between Fiftl. an. Siath Strata
TELEPHONE: BROADWAY 2151
Mineral Man Is
Speedy Dressing
In Woman's Garb
Morton, Wash., Feb. 20. R. C
Wheeler, merchant of Mineral, holds
a unique record. It was awarded
him when Mineral women enter
tained their Elk husbands. Wheeler
dressed in woman's costume, in
cluding corsets and camisole, in the
remarkable time of 2 minutes and 23
seconds.
Foreign Holdings
In America Drop
With Exchange Rate
The movement of American corpora
tion stocks from Europe to this country
since the beginning of the war is illus
trated in the case of the United States
Steel corporation. On March 81. 1914
1,285,688 shares of the common stock, or
25.29 per cent of the entire Issue, and
312,311 shares of the preferred stock.
or 8.67 per cent of the entire issue, were
held abroad.
On December 31, 1918, 484,190 shares
of the common, or 9.52 per cent of the
issue, and 140,077 shares of the pre
ferred, or 3.88 per cent of the issue,
were held abroad ; and on December SI,
1919, 368,895 shares of common, or 7.26
per cent of the Issue, and 138,566 shares
of preferred, or 3.84 per cent of the is
sue, were held abroad.
There Is still more than $50,000,000
worth, market value, in foreign hands
and the Inducement to sell In America
Increases with every increase of1 the
premium on the dollar over other cur
rencies. This showing suggests that
there must be a round sum of American
securities still In the tin boxes of Eu
rope.
0, A. C. Freshman in
Lively Battle Royal Is
Knocked Unconscious
Oregon Agricultural College, Corvallls,
Feb. 20. Chester Goodale, a freshman
from Warrenton. Or., waa knocked un
conscious as the result of a fall while
engaged in a "battle royal," staged as
the climax of the Interfraternlty smoker
Wednesday evening. Goodale and Har
old Olsen, a freshman from Woodbiirn,
Or., were tusslln-r for decision of the
match, in which every fraternity on
j the campus had entered its champion
strong "rook." All the other candidates
had been eliminated. : having been
thrown from the 20 foot ring drawn on
the floor. In the struggle the pair
turned a flip-flop. Ooodale lighting on
the side of his head. He was taken
home In a taxi in an unconscious con
dition, but recovered without serious
Injury. Olsen was declared the winner.
i -ni
' "Q UlailllS Jt OUr ID
Washington County
Banks, Feb. 20. The "flu" situation
is believed to be at Its height in Wash
ington county. Four deaths were re
ported Tuesday and Wednesday, the
1 last being Orvllle iTlckett, who was
raised in a pioneer family near Bunks.
His wife is seriously ill with the dis
ease. The physician at Banks reports
220 cases of "flu" in the Banks and
Timber districts.
Tooze Forms Wood
For President Clubs
Eugene, Feb. 20. Walter L. Tooze Sr.,
old time Republican war horse of Ma
rion county. Is in the city organizing .a
Leonard Wood presidential cltib. He
has Just returned from Marshfield, Myr
tle Point and Powers, where he says
Wood clubs were organized. - Walter L.
Tooze Jr.. his son, is in charge of the
campaign in the Northwest of Senator
Miles Poindexter.
"Alcohol Curator" Named
Spokane. Wash., Feb. 20. Maurice
Smith, city commissioner, has been
named "alcohol curator" for Spokane,
without pay.
GOLD
7
GRANGE D
ENOUNCES
LAND AND LABOR
PARTY VIGOROUSLY
Resolutions Passed by Members
at Russellville Seek Scalp of
So-Called Triple Alliance.
Russellville grange Is out after
the scalp of the "rlple alliance."
otherwise known as the Land and
Labor party. It is also out of har
mony with those members of tha
atate grange which took part in tha I
creation of that party at Salem not i
very long ago. In a set of resolu- t
tlons which it adopted at its regu- I
lar meeting of February 14, it sets '
out clearly what its position ia both '
as to the new party and as to those j
members of the grange who advo- 1
cated it. The resolutions ara aa ,
follows:
1
Whorra. Effort ar rwiot mad to affWata I
tha grange of Oregon with tlie tripla alllanoa, j
a promulgated in Oregon under the nam of
tbe "Land and Iabor irty,' and 1
Whereaa, Certain official of tha Oregon I
itate grange have interested themelvea in the 1
oiganization of the Land and Labor party and j
have been appointed on active commltUea there- j
of. and 1
Wherea. The national grange at the time !
of it organisation, a cited in it derlaration
of principle, maintain that tha grange thall I
.not lndorae poliUral parties and the national
grange luat recently In eton at Grand Rapid. '
Mich., refuted to enter into conference with the
National Federation of labor, howing that the .
national grange aiill maintain ita original 1
declaration of purpose.
Where, The Oregon tate franc In eston 1
at Salem In June. 1018, ha replr to Non-Parb-.
aan league agitation went on record a belli j
oppoaed to affiliation or indonioent of any pa-
htical party or league whatsoever, and
Whereaa, Without regard to tlii rxpreaaloa
of the SUM grange's accredited dalegata, cer
tain official of the lat grtin litre advocated :
at grange meeting and the State Orange Bulle j
tin, propaganda intended to defend and ait j
the Non-Parttaan league culminating lately in .
active lntemt In the Land and Labor party,
which we regard at the probable introduction !
of the Non-Partinan league in Oregon, and j
Whereas. Much ertlvttie of Ilia official !
have resulted in giving the rltiaen of the state 1
a wrong lmpreaeion of tbe grange attitude. ;
Therefore, Be it rexilver by Kuwellville grange
No. 853 in aeMlon February 14, 1920, that (
w ar strongly opposed to any affiliation or .
Indorsement of tlie Land and I jibor party, the '
Non-Partisan league, or any other partisan I
oiganicaUon, and
Be it, therefore, resolved, tint we cnticue '
any and all tale grange official who have put I
other and partin Interest above tha wtlfira
of the order to the detriment of tha grange, '
and I
Be It further revolved tliat copies of tb
State Grange Bulletin, so that citizen of the!
tate may know that tlii grange de not in ,
dorse the radical movement.
Appropriation Bill
To Be Cut Billion,
Declares Mondell
1
Washington, Feb. 20. (I. N. 8.) A (
reduction of "more than a billion dol-
lars" in the estimated appropriations
asked of congress, was predicted this
afternoon by Republican Leader Mon- '
dell. ' ,
Mondell urged strictest economy in 1
order to prevent "thoughtless enlarge- 1
ment of our floating debt and bond is
sues." Total estimates of appropriations asked ,
of congress were approximately $4,600,-
000.000.
Prospective Oil
Lands Are Leased
Medford, Feb. 20. Fifty thousand
acres of prospective oil and coal lands
situated between Yreka and Montague
and south to Granada, have been leased, i
C. D. Mobley of Los Angeles and Med
ford announced today. The announce
ment follows excitement in tha Rogue '
River valley and on the other Ida of,
the Slskiyous mountains In California
over probable oil developments. Mobley ,
said a syndicate will drill for oil and .
develop the big deposits of commercial I
coal said to exist there.
BONDS
INTEREST