The Oregon daily journal. (Portland, Or.) 1902-1972, March 29, 1920, Image 13

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The Oregon daily journal., March 29, 1920, Page 13, Image 13

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Newspaper Page Text13 .-I. PROSPECTS ARE BRIGHT FOR CROPS IN COLUMBIA RIVER VALLEY DEVELOPMENT ERA IS PREDICTED Edited by - -111 Hesslsa - THE OREGON DAILY.: JOURNAL. PO RTLAND, MONDAY. MARCH !9. 1820. IRE FIRMNESS SHOWN IN EGGS Local egg market hu , reached jits lowest level this epring. according to the opinion of many of the dealers. With Saa Francisco and Seattle willing;? to buy at tar in advance of the local price, dealers we no hope of local market declining further. In fact the price on eg"gs waa advanced by torn 1 cent per dozen. In view of orders on hand from outlying points. Eggs will preb-4 ably not go into storage una year muctv i .c Z tv- ik . , t,nn(tbi Uiiuoi way aaauv a saw as-v v v s w for by cold storage men will probably not be reached this year, dealers de clare. A drop In local butter market is an ticipated within a few days. Cheese market remains firm, with Tillamook still as scarce as ever. CAB STRAWBERRIES ABOUT DUE Pint cr strawberrirs for thia season la now rolling toward Portland and 1 due here about the end of the wmk. ADVANCE Il 8MOKEH . MEATS Smoked meat took trimmer advance Monday. Hunt are 0 noted from 28&89e; pk-nlea, S4 jj 28c; breakfast bacon. 88 & 52c. and cottage roll. S2e. Dllliy TgATRS flF PROBrCE TRADK i Car mix ad vegetable arrived from California. Chicken market isdy. Dressed meat continue steady. Onlona moving batter to local trade, but Potato moving well at tha high (rices asked. j .wiriUMU 1111 mnvmimm. Western Sugar Refinery haa notified the trade that they hare withdrawn from the market- until April 1. aa the; have nothing te tell. Thia really leaves the market without a nrica on stuar. j - WEATHER NOTICE FOR SHIPPERS Weather bureau advises: Protect lhipmenta tfurtng tha next 36 boura againat the following areas; northaaat over 8.. P. A 8. R. R.. 82 degree : east to Baker. 28 degree, and aouth to Ashland. 88 degrees. Minimum tempera ture at Portland tomorrow about 42 degrees. Tbaae eieept aj era price rrtgilen otherwise nobwi : pay wholesaler Dairy Products j -r BUTTER Selling price, bos lots: Creamery, prima patch merit wrapped, 67c per lb.: prime firsts, 86c lb.: firsts, 64$65e per lb ; amaller lota at an advance. Jobbing price: Cube ex tra, 84 He lb.; prime first. AS & 63 Mi c lb. - BCTTERFAT Portland delivery basis, 70 9 Tie; country tatlorm, 68 0 690 lb. - OI.EOM ARGAHIN E Bert brands. 40e: or dinary. SB He: 'baker. 38e: Nutmargarlne, 1 lb. eartflna 82c lb. C1IEEHE Helling price: Tillamook freab Ore gon, fancy cream triplet. 85 0 8 Ho lb.: Young America. 67 H SKc. Pricee to jobbers, f. o. b. TUlaasook triplets. SHc; Toun America. 8 Ac. Selling price: Cream, brick.. 40 42c. Selling price: Block Bwia, 48 940c; limburier. 40 0 tile per lb. EGrtS Buying price:" Current receipt, 85c; candled, selling price. 888Bc: select, 40 0 41c LIVE POULTRY Selling price: Heavy hem, 10 lb.; light hern, 843fa; spring light, 85 $40c lb.: heavy, 82c lb.; old roosters, 20c lb.; squab, 18.00: dressed ducki, 460c lb; pigenne, $1.50 to 2 00 per dozen; turkeyi. live. eJ86o- lb.: dressed. 47 3 BOc per lb.: dressed geeae, 80c IK Fresh Vegetable and Fruit PRE8H 'FRUIT Ortnm. 84.00 7.00 per box; banana, 10 Vi I? lie par lb.; Umont, 15.50 SIIB per rrate: Florida grapelrult. o.0UW 7. 60: California. 88.76 4.23. APPLES Various varieties, local. 81.60 .18.60. . DRIED rRCIT Dates. Proroedarlet, 17.50: Pards. 84.26 per box: ruins. 8 crown loose Muscatel. 16e per lb.: figs. 88.60(3 9.60 box. ONIONS Selling price to retailer. Oregon, 86.80 7.00 per owt. : association selling price, carload. 86.00. f. o. b. country; garlic. 60c per lb.; green onions, 40c per doaen bunches; onion U, J 7 t I c per lb. POTATOES-Selllng price, Oregon, fancy, 86.90 ( 7.00: Tekima. 67.00 7.28 cut; buy ing price, fancy, large else, 86. 00 6 26 cwL; rdinary, 84-76 $ 5.00 cental: sweats, 8 Ho per in. VEGETABLES Turnips. 88 50 per nek; carrot. 81:76 par sack: beets. 84 60; cabbace. California, 5H &e: lettuce, $6.00 te 8.25 crate; eucumben. $2.0n8 ISO doaen; tomatoes, 11.50 04.00: egg plant, 85c lb.; cauliflower, $1.75(9 S.75; bell, peppers. 60c; spmuta, 17c lb.: par ipe. ; 88.60 per sack; rutabagas, 63.80 () 8.78 4 . . 1 1 AO Am . - - a U. 1 V- IK . artiohnkea, 81.40 1.50 doaen; aaparagua, 16 9 30e lb. Meats and Provision COtTTrTrST MEATS Selling price: Country rest, 21 921 He lb. for top block en; heavy, 18 18o: beet veal. 24 0 24 Ho; heavy veal. 17 9 . 18c nr lb" SMOKEO MEATS Ram, 2980o par lb.; breakfast bacon, 88 60; pionlca, 24 0 25e; cottage roil, 82e per lb. IARD Kettle rendered. 27 He lb.; aUndard. JSHe; tierce baaia compound, 26 He Fish and Shellfish FRESH PISH Salmon, fresh Chinook. 80c; ftuaea salmon, 12 H ! 20n per lb. ; halibut, fresh, ( ): sturgeon. ( ); blsck cod, 10 lie lb.; ailveT smelt, 10c lb : kippered taimon. $2.45 ster 10-lb basket: kippered cod, $2.35: o himhia smelt, 82 00 2 26 par box; rasor olama, $4.00 pee box. SUGAR Nominal prices. refinery b: Cuba, $17.00; powdered. $17.66; frnlt and worry, $17 85; rellrrw, $16.40; granulated, 117.85: eitrs C, 816 80; gnldee 0. $18.50. HONET New. $7.60 8.00 per ease. RICK Japan style No. 1. 14 He: New Orleans head, 1 ); Bine Rose, 18e per lb. HALT Coarse, half ground. 100a. 117 25 per tea: 50s. $18.75; table dairy, 60. $27.25; bales. $8.80 4.00; fsncy table and dairy, 86.60; lamp rock. $26.60 per ton. BEANS Oregon (sales by jobber) : Lady Washington. 7 H 9 80 per lb.: pink. 8c: lima. 16e: bayou, lOHc; Oregon beans, buying price, aotninal, 6 H e per lb. s- fllUUm lTT V IK OK. - - 85.75: Aster. $5.75; F.agl. $11.25: I.ibbv, 6.66: Mount Vernon. $5.76; Baaelwood. $6.75 per case COfFEB Boasted, S7 3 51n in sacks or drama .SODA CRACKERS In bulk. 17 He per lb. NUTS Walnuts, 86 & 40c per lb.: almonds. 8e; filberts. 82c In aack lots; peanuts, 15 0 ISe: neacan. 25c: Braiila. 30c. Ropa. Paints, Oil ROPE Sisal, dark. 18Ho; white. 20c lb.; Standard Manila. 23 H c. LINSEED Oik Raw, bbla., $2 06 gal: ket tle boiled, bbl., $2.08: raw, cues. $2.21; Boiled, cases. $2.23 per gallon. OO Al. OIL Water whit, in drums or iraa Mils., 18c gal.; oases, 24c gal. GASOLINE Iron bbla.. 26c; cases. 25 Ho 'engine dietillste. iron bbis., 16c; cases, 26 He. 4 WHITE LEAD Ton lot. 15c; 500 Ibv. 15 HC Per lb. TURPENTINE Tanks. $2.48; cases, Ult; . IV case lota, ic lees. WI&S NAILS Basic price, $5 16 -Hops, Wool end Hide HOPS) Nominal 1919 crop, 60c per lb. HIDES Calves, 50 $ 60c; green bides. 17 9 lSe; eel tea. zue: npe. sue; green bull. IBe seated bull, 17e. 6UEEP8KINS Shearling. 25 f 60c lb.; long wool. 20c lb.: ihvrt wool, 25 ( BOc; green. .ouas.oo eaen; m , ivhioo ib. MOHAIR Long utpie. 40e lb.; short staple, 8880c per lb. TALLOW AND GREASE No. 1 tallow. 12e; ao. 'A. 10c: ro. 1 grease, Wc; No. 2 greaae. . re per n CHITTIM OR CASCARA BARS New peal. lie per lb. WOOL Valley half blood Marine and Shmp- anir. ouc; lotswoid snd Lincoln. 40 40c; saatted Cotswold. 80 085c; timber Uined. 6c Per lb. leas; Umb wooL 4c per lb. Urn. Eastern Oregon, Eastern Washing toe and nufornta wool Merino and Shropshire. 85 40c; balf-btood Merino and Cotswold. 87 et Bhropshira, 87 45c; ColtaWold. end Lincoln, gtiaight sod mixed, 32 3 35o; burry, 5c par lb. less; lambs. 4c per lb. leas. ' ejraues, av v ssa New York Metal Market New Tort, Maroh 29. li. N. S. ) Quiet. ai arch and April. lSHetlSHs. Lose ' Violet. - spot and March. SHe bid. Spelter Firmer. Spot, 840 bid; March, 845 sna. apru, jaay- ana tfuaet o0Sj2H. ; stehs. Betes. Cwttes, Grata, Ete. leir . Board sf Trade BaDdlsg. Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES t -leMei. Chicar Boar. ! Trade Crrfea4eaU I loraa Bryaa ! Isik - w-AUl TMAlUCETl BASKETJ By Hrraaa H. Cobea There is a general Incentive among some of the larger wholesale) grocers to push the sales of Alaska salmon and despite the fact that this stock sells ai materially lower values at wholesale than the better grade fish, still efforts are beinar mnjla f n have the tniblic ac cept this as the best and mosf . costly fiBh. The sprlns; catch of Columbia river salmon is the highest grade canned fish that the markets secure. It therefore commands the best price. Red salmon comprises all grades. While the called Alaska red or sock eye is of brighter color than the canned Colum- v, i i u river chlnooka, the difference is slight, but there is a very big difference in the taste. The Columbia river Chinook sell highest and tax tea best because It has more oil in It than any other salmon. Because, of the fact that they can make far greater profits by pushing the sale of the -Inferior Alaska fish, some of the wholesalers are falsely spreading the report that this is the best grade packed. 1 The label on the can will tell. The best grade canned salmon is the spring pack Columbia river Chinook. The sec ond best Is the Puget sound sockeye The third grade Is the so-called Alaska sockeye or red. Then there is the med ium red, the pink and the chum men tioned In point of excellence. The label will tell what sort of salmon you are buying:. There Is no need to pay a first class price for a third grade tlsh. The following price are average one that emtsnmers are exneeted to nay retail S teres. Qual ity noted ia the average, fancy atuff being lightly higher and inferior atuff fractionally lower. Eggs Preah laid, 40 45c per doaen; fancy fresh, 40c per doaen. Cheese Fsncy, 40 g 46c per lb. Chicken IHsssed, 456U per lb.; geese, dressed. 45c per lb.; turkeys, 05 W 56c lb. durkn. 60c uer 0). .Salmon 25 45c per lb.; halibut, 25c per lb. Flour Beat local patent, $8.45 8.50 per sack. 4 9 lbs. Potatoes Burbanka. fancy. 7 0 80 lb. ; aweeta. 10 & 12 He per lb. Onions Dried. 8 8 He per lb. Increase Shown in Wheat and Flour Eeceipts for Year NORTHWEST GRAIN RECEIPTS Cars Wheat Barley. Flour. Oata. Hay. Portland. Monday. 57 . . . 12 Tear ago . . . N. 5 8 10 Season to date ..7415 19 8S9S Tear ago 6755 041 2184 10 16 414 1763 616 2874 ... 1 ... 7 165 747 148 1092 1 2 8 628 1125 616 2867 Tienmi. Saturday Year ago .... 6 28 3 Season to date. . Tear ago . . . Seattle, flaturdar Year ago . . . Season to date . . Year ago . . . 6106 .4957 2 77 2664 82 ... 1 2 . 14 . . 3 .6877 288 669 .6061 71 1065 The forty-sixth weekly bulletin of the United States Grain corporation covering wheat and flour movements throughout tha United States for the week ending March 19. in comparison with the figures of the same period a year ago. show a sharp Increase. The first figures given in each case axe for 1920, and the second figure for 1919: Wheat receipts from farms. 8.606.000 bush els. 2.38B.OOU bushels: wheat receipts from farms previous week, 4.129,000 buahvia, 8,014, 00U bushel; wheat receipts from farms Jane 27 to March 19. 712.71M.0II0 bushels. 6t),06M. 000 bushels; flour produced during week, 1.H26. 000 barrels, 2,506.000 barrels; flour produced during previous week. 1,911,1100 barren, 2.184, 000 barrels; flour produced June 27 to March 1U. 10S.681.00U barrets. H6.78.UOO barrels; trial etooks wheat ail elevators and mills, 16V. 170,000 bushels, 189.807.000 bushel: total stocks wheat ail elevators and mills previous week. 174.066.000 bushels. 208.068.000 bash els; change for week decrease, 4,690,000 buaheU, 18,281.000 bushels. . Exports of Wheat and Flour Exports of wheat and. near July 1, 1919. to March IB. 1020. arrnlbnt to 00.87S.OOO bushels of wbeat and 12,426.000 barrels of floor, making s total equal to 146,791.000 bushels of wheat, com pered with 127.090.000 buatieU of wheat and 18.820.000 barrels of flour la-it year to March 19, 1919. Use first 19 days of March being prorated from the monthly total, which make a total 211,779.00 bushel of wbeat; last year tc-tai flour exports include American relief ad ministration and American expeditionary force shipmenta. KIH'R Selling price, new crop'. Patent valley, $10.66; loeaal straight. $10.60; bakers' local, $18.19; Montana spring wheat, patent, $18.75; rye flour, $10.10; oatmeal, $18.00; graham, $11.80. Prices for city deliveries in five barrel lota. HAT Buying price, new crop: Willamette timothy, fancy, $26.00; Eastern Oregon-Washington vetnli. $24.00 26.00; cheat. $17,000 20.00: straw, $ 10.00; clover, $27.00; grain. $26.00; alfalfa, $29.00 s ton. GRAIN BACKS Nominal: New crop delivery No. 1 Calcutta, 17H18o in car iota; leas amount higher. MILL8TUFF8 Mill run at mills, smoked. 40.00 OATS Per ton. buying price: Feed. $68.00 08.80; milling, SSe.oo. UAKLal Buying price: $70.00: milling. 72.50; rolled barley, telling price, $73.00 0 75.00 top. Merchants enchant bids : ... FEED OATS March. A Dili May. 6000 No. t white 6950 6960 BARLEY no bids CORN No. 8 yellow 6350 6275 Eastern grain in bulk : OATS 36 pound clipped 6800C 6860 38 pound clipped S850 6950 CORN No. I yeUow 6700 0450 3900 6000 8860 STRENGTH 8HOW1T BCRING OF OKAIX MART Chicago, March 29. (1. N. 8.) There waa a small trade In corn, which opened Vi Ha higher on a lack of selling pressure and a litU short covering. Oata started steady to e higher, domi nated by the strength in corn and with a very small trsda. Provisions opened a shad higher, with lim ited of tortus and a eoattered commission house demand. It was s featureless market in corn futures today with ths March delivery closing higher, while the deferred futures were unchanged to a fraction lower. March com closed 1 tt o higher, whU the Mai and July closed un changed. September was tt 0 Vi e lower. Trade was light throughout. - May oats oloaod tt tt c lower. July was eff Vic, while the September waa e off. Provision finished lower in sympathy with com and oats. Furnished by Overbed Board of Trade building. 4 Cooke company, COKN Opes. High. Low. Close. March 161 162 Vi 161 162 May 15644 16tt 155H 156 July 150 tt 151 149 tt 150 Vi September .. 146 tt 147 Vi 143 tt 14S tt OATS May 88 tt 86 tt 86 86 tt July 79ttx 79 tt 78 Vi 78 tt Septra bar . . 69 tt 69 tt 68 tt 69 PORK May S72S 3725 S850 3650 July 3735 8750 8660 S660 LARD May . . . 2112 2115 2070 20A0 inly ....... 2192 2192 214T 2162 RIBS May ... . 1915 1917 1880 1840 July 1965 1970 1930 1937 5w Tot Batter aad Enrs New Tort. Marsh 2- (I. M. 8,) Better Unsettled aad dull; creamery extra. 63 Vi 9 69e; ao um, nejiie: ao nis-ner scoring. VBtt 4f 70c; ataiw dairy tuba. 43 0 Boa: renovated ex tras offered. 63c; imitation creamery, 46 e 47s. Eggs Firm; nearly White fancy offered. 0e: do brown fancy. 64)68c; extra. 62 063a; See rraaelseo Grata Market San Francisen, March 29. IV. P.)- Bar- 'y opet leod, per eeetaj, SS.40 93.46'. ' 7f eve Tork-I.nndoe SUvar Jfw Tork, Maroh 29 It N. S I yerrtal bsr sUrer. fu He higher today st Loadoav. Marab 19. (t. K. S.) wiw awdawjl- f S Wj SJ WASHINGTON CROP CONDITIONS GOOD Favorable crop conditions for the com ing season are reported along the lines of the Spokane, Portland Seattle rail road, Oregon Trunk railroad and Ore pron Electric railroad, according; to a digest of crop reports prepared by R. W. Plckard. assistant general freight agent. Reports from the mam line. Including the Goldendals branch, are: Vancouver It ia anticipated a normal pran crop will be harvested thia seesnti. although tt 1 at this time too early 10 determine whether or not the severe December weather degassed ths trees. No other reports at una time. Camas Crop conditions In territory tnira- tarv to Camas look very favorable, aitnougn nvnre rain la. naedad. UnaDIS U WB Brae w report whether cold weather of last wintr bad any bad effects. f iioidendale urop conoiuona m wu very promising. i.rmrn at np ana grower an- ocipate gooa crops: Roosevelt Country adjacent to Koosevelt In gcod condition, yrein up and plenty of moisture in the ground. The fanners looking for good crone and have planted larger acreage man last year. Thia condition saw prevails in Atdrrdale and BickleUm dlstrtrt. the Plymouth tfarmere anticipate early thia year. Alfalfa, wheat and rye up about three Inches from ground. Moat farmer have vegetables plants! and are getting soil in shape to plant corn and cantaloupes. Although weath er has been dry. heavy snows Last winter leit an ample supply of moteture in soil. Only fruit crop expected to apples, for it is feared cold weather haa damaged other fruits to an extent that oannot yet be determined. Fall Wheat Up Eennewtck Kail wheat looking good and spring seeding will start in few days. No dam ace reported from last winter's cold weather. Pasco j-Wheat coming up and apparently not sufficient damage done by last winter's cold weather to require reseeding except in few small patches. Hay crop looking good. Fruit trees net far enough along to definitely state how much damage done by severe weather. No serious damage is anticipated. dnake River Crops this locality took favor able. Farmers optimistic if season not too dry fiom now on. Kahlotua Farmers complaining of winter wheat bemg killed out in a great many places, which will require reaevding. However, condi tions very good, plenty of moisture and weather favorable. Macall Winter wheat reported to have been damaged by severe weather and considerable re seeding will be necessary. Nights frosty and little spring work done ao far. Lam on t Winter, wheat In fair shape, although very little was planted account condition of ground last fall. Spring very backward, weather cold, ground dry. ram and sunshine needed, no spang seeding done so far. Spokane Cold frosty eights have been de lating the farm work during the past week, the griiund being frueen every morning. A few taimera throughout the territory report seeding completed and all expect to finish this month, after which active work on summer allow will tart. The ground is in very good condition, as considerable rain fell during the past week. Eighteen inches of snow throughout the moun ts ins to the east of here was reported on Mon day, the fifteenth. Ootuiderable winter wneax will have to be reaeeded. Oregon Trunk Railway Crop conditions In Central Oregon are looking good. Recent mows have provided ample r.oiatnre and growers ad rise that if no unfavor able weather oonditions encountered later in tile season a good crop ia assured. Crops look better than Usual at tfiit season of the year. The ground is also In better shape for spring seed ing and plowing, which is progressing nicely. Oregon Electric Railway Recent rains very beneficial to grain crops in Willamette valley. Fail sawn grain coming along nicely and spring crops look good. Prunes, apples, Pfaichea and chernee in river bottoms it ia feared will be somewhat damaged by De cember freeze, but no damage anticipated on rplands. . Loganberries probably damaged about 10 per cent. Fruit Prospects Favorable in Lane Eugene. Maroh 29. Fruit proapecta In Lane county were never better at this time of year than now. This is ths opinion of C K. Btewsrt, county i run inspector, ana wiiiism Steele, aep rty inspector, ai Lex visaing all parts of the county the paat week. All that is needed tl normal weather conditions, they say, to pro duce a bumper crop, excepting -ngl'h wal nuts, of which there will be none. This crop estimate is due to the large new acreage coming ia this year. Pear trews, that were thought early uf the year to be YUled, are showing most favorably, and the same may be. said of cherries, the inspectors say. Loganberries and evergreens were badly damaged, and only vines under tha snow survived the December freeze. However, two of the largest loganbrry tracts in the county escaped without damage. AMERICA?.- LIYESTOCK PBICES Chicago Hogs $16.00 Chicago. March 29. (I. N. 8) Hogs Receipts, 2000; 25 50c higher. Bnlk. $14.66016.50: too. tlS.00: haan woi.h. $14.10 15.25; medium weight, 314.800 16.00; light weight. 315 40 f 16.00: liiht lights, $15.20 15.75; heavy packing sows, smooth, $13.15 1 18.75; packing sows, rough. 3i2. HO 18.16: pigs, J18.75 g 15.50. Cattle Receipt. 1500; beef steers higher. Bnlis and some stockea - and feeders lower. Shipping division being closed; trad too erratic lor detailed Quotations. Sheep Receipts. 8000: most receiDts direct: one load shorn lambs, $18.25; not enough sales to quots. -, Omaha Hoge S1S.S0 Omaha. Marcb 29. (L N. H I Dm Be. eetpta, 14,000; steady to 26o higher. Bulk. $13. 75 (16.00; top, $15.50. Cattle Keceipta. 8500: killing classes strong to 25c higher. Sheen KeceiDt. 9300: 30c hisher. Ton lambs. $20.25. Kansas City Hoes $1B 40 Kansas Oty. March 29. (L N. S.) Cat tie Receipts 13.600, generally steady. Steers. glr.OO 11.40; cows end heifen, $8.00 12.60; stocker. and feeders. $6.0012.00; calves, $8.00 16.00. Hogs Receipts 17.000, generally steady. Top,, $15.40: bulk, $14.00 15.25; heavies, $14.00 15.00; mediums. $14.75 15.85; lights, $15. OOlg 15.40; pigs, 13.00 L5.75. Sheep Receipts 8000, active to higher Lambs, $19.50 20.15? ewee, $14. 0U 15.00; wethen, $14.50 14.75. Denver Hogs $16.00 Denver. Colo., March 29. (U. P.) Cattle Receipts 2700; 15c higher. Steers, $10.00 12.09; cow and heifers. $3.25 10.75; Mockers and feeders, $8.00 11.60; calves, $15.00 17.60. Hogs Receipts 1400; 25c higher. Top, $15.90; bulk. 318.90 15.10. Sheep Receipts 1400; strong. Lambs. $17.60 919.00; ewes. $12.00 18.00. westtls Hogg $18.75 Seattle. Maroh 29. (L N. 8.) Hoe Re oetpts, 72: stronger. Prim lights, 316.23 16.75;. medium to ohoase, 316.25 916.25; roorb besTles, $14.25 14.75; piga, $13 00 9 13.50. Cattle Reoeipta. 105: steady. Beat steers. $11.25911.33; medium to chofoe, S9.00 10.76; common Xo good, $6.75 9 9.00; beat oows snd heifen. $9.75 910.25; common to good ouws. $0.66(8 9.25; bulla. $7 00 (ft 8.26; oalreH. 37.00 ( 15.00. Sheep None. DAIRY PRODUCE OF THE COAST SwMttlff) WwalHlwyl Seattle. March 29. (U. P.I Batter Conn try creamery, cubes, 62o: bricks, 63c Eggs Fresh ranch. 38 940c; pulleta. 34 35cper doeen. Cheese Oregon triplets. 32c; Washington triplets. 28c Raw milk Per ewt.. $2.60. Son Srmnolso Marie et Ban Franciwo, March 29. (U. P.) Battar Kxtns, 58 Vie; prime firsts, 58c Lggt Extras. 46c; first, 42c; extra pullets, 40c' underused pullets, SB Vie. Cheese California flats, fancy. 88 He; firsts. 27c. Lee Aneete llartst Loa Angeles, March 28. (L N. 8.) Butter California creamery extaa, 69c Kggs Preah extras, 89c; case count, 87c; pullets, 20o. Live poultry Hens, 86940c; broilers. 40 9 44e; fry an, 40c POTATOES AL05G THE COAST San rrena laoe Market Ssa Francisco. March 29. (D. P.) Pota- temm River Whit. $6.309 7.00; Salinas. aweeta. 3 tt 9 6c Onion Tellow aad - white, Australian brown. $5.75 6 00. SwatUe Mariet Seattle. March 29. (U. P.) Potatoes Per ton. Takima, best Ketted Gem,' $185: local, $11$ 9 120. tea Angelas. March 9. (L X. 8.f Pota toes, new stock Stockton B urban Its. faney. $7.25 9 7-75: Mauw Basset. 37.259 7.43; iocal hat ksana, S2.vv0X.3e. - ' RREGULAR TONE IN STOCK MARKET New York, mure tt. (I. N. .) The market dosed weak today. Heavy asMIng oame Into the market trhen the eell money rets roe te 12 per sent. Baldwin leemettfe yleid- ed 4 point U 1S1 Nearly all the ether active Issues war In supatlr a eeeiines e from ene te three point. Pan-American etroletim tlalded ever four point to 100 '4. Industrial Alcohol from a high ef ' yielded te ',. OeuolW dressed 9 paint rom the high te SSS and General Motera te S70. Southern Padfla wee finally V; Atlantic Oulf 166; Marine preferred S3 V, ; SUidebaker 105 V and A mar lean Mfoolen 1St. alee SS2.100 share; bonds, 6,1 84.000. Oerernment bends unchanged; railway and ether bene steady. New York. March 29. (U. P.) Prices of practically all leading issues were higher at the stock market opening to day. United States Steel opened at 105H, up ; International Paper 85, up Pan-American Petroleum. 104 v. up Vt ; U. R. Stores 80, off ; Bethle hem B. 97, up ; Anaconda 64, off : Baldwin 1354. off ; Chandler 160, up S ; Republic 109ft, up 4 ; Reading 86Vi, up ; White Motor 68. up 1. Bear pressure was exerted against moat of the favorites shortly after the opening and specu lative leader declined from 1 to T points before the end of the first half hour. The extreme de cline waa in General Motors, which sold at 870. Some stock stood up well tinder the pressure. including Sinclair. V. S. Realty. .Chandler and American Car t Foundry. Chandler made a new record high at 162. Around noon the market steadied and United States Steel advanced easily to 108 H. Tele graph wire leading out of tha Chicago district were nearly all down as a result of the tornado. Tills meant that there waa practically no busi ness coming into commission houses from the middle west. After an early reaction to 800, Btutg made a new high record at 882. Action or Crucible early in the day waa deceiving. The stock was made to look heavy and traders decided to sell. The pool took all this stock and auddenly with drew all offers. The stock jumped 14 point to 225 ft. The stock will sell ex-dividend 50 per cent in stock as wall as 13 in cash in about two weeks. rurnishrd by Overhrck 4k of Trade building: - Cooke Co.. Been. KHCHIPTIOV: I Open I High I ?-"W I Clo Alii Chalmers .... 44 Alloy Steel 50 Am. Agr. Chem. Am. Beet Sugar. . . 88 Am. Can, c 40 Vi Am. Car Frdy 148 Am. Cotton Oil. . . . L Am Hide A U, a. 2TH do pfd ,117 t. Am. Intl. Corp.. .1021 Am. Loco., c 104 Am. Ship A Com. . 2 A Am. Smelter, c. . . . 69 hi Am. Steel Fdry 47Vk Am. Sugar, c 180 44 VI 43 V 50 4 b I 89 HI 88 4IH 4SV4 14141V. "2TtI'2t" 117H ,117 108 1100 V. 43 4T 89 H 88' 4HV 142 47 7 117 H 100 103 Vi 106 103 26 69 14 4H 24 , 68 24 Vi 68 47H 47V4 132jl80 130 Am. Kuma rs Too. . iuz Am. Tel- A TeL...i 97 Am. Tobacco I Am. Tob. Securities) 66 Vi Am. Woolen, c ...183 1U2VI 00 7 07 9 96 Te 260 67 I 64 H 134HiaiVa 4.3 48 li 19 Vi 64 Hi 6SV4 88 Vi l 82 Vi 64 131 48 19 "4 63 H 1 Vi 185 1314 85 95 Vi 119 16 Vi Am. Writ Ppr, pfd 4S Am. Zinc 10 Vi Ajiaoonda M. Go. . . Atchison, o AtL Gulf a W. L. Baldwin Loco., e.. . Hart A Ohio. o. . . . 64 83 Vi 169 lTi U5 18ft Vi135 fcil. 1 !4 Bethlehem Rteefi B. 87 I 07 98 Vi Boaoli Magneto jMU 124 11 Brooklyn K. T. . . 15 V4 I 16 Vi 1 5 H Butte A Sup. 1 28V4I 28Vi 27 Vi 27 Vi CsL Packers' An.. 81! il bih m Cel. Pet, c Canadian Pacific Central Leather. Cerro de Paco , Chandler Motors Clies. A "Ohio Chgo. Ot. West., do pfd. C M. t St. P. C. tt N.-W. . . Chllo Copper . . ..I 3Hl e "'il " 128 Vi 1123 Vi UTS H 1122 c 87 HI 87 Vi 86 Vil 86 H . .1 56 Vk 66 H I 66 Vij 46 Vi . .16'l 184 1, 1158 H 157 V4 . . 57 67 1 66 I 66 H c. I I I . .1 26H 25Vi 26 26 . .. 38 Vi -38 V 87 Vil 88 Vi ,..187187 86 86 ,. 10 I 10'il 18 I8H Cl ino Copper 87 H of H I e I so Columbia O. & K-. 68 64 Vi 62 63 tt Colo. Fuel Jr. Iron. 8 Vi I 80 Vi i 89 I 89 Cons. Oaa. 8 811 80 8ii -j Corn Products. c. 98tt 93kl ltt ltt Crucible Steel, e, . 1245 Vi 1261 141 162 Uoi. Orsnhoobone . . I 31 Vil Slttl 4Vil 50 Cuban Cane Sugar. 4tftt 60 tt I 48ttl 49 7i 13 Vi 14 87 tt 16 tt Dtn. 1L O.. c. . d pfd. 18 tt 18 Vi 13 Vi '87, 13 Vi 68 Vi F.rle. c. KUk Tire Gaston William General Cigar . General Electric General Motors . Goodrich Rubber Granby Cons. . . 87 tt 15V4 69 37 tt 15 tt 69 68 159V4 160 158tt158 877 378 tt 369 369 69 tt 49 Vi 89 tt 81 tt 71tt 49 tt 89 tt 81 tt 69 tt 49 89 81 tt 70 48 tt 39 81 Vi 84 67 60 00 tt 98 tt 59 83 Gt Northern Ore Gt. Northern Ry. . . Greene Cananea . . GnU States Steel . . Ice Securities . . . Illinois Central ... Industrial Alcohol. . Inspiration Copper.. Int. Paper Int. Harvester 69 Vi 70 68 90 96 Vi 60 85 90 Vi 98 tt 60 tt 85 90 93 Vi 59 tt 83 tt 128 128 tt 126tt 126 tt 36 93 Vi 24 . 17 Int. Mer. Marine, c. 87tt 98 24 tt 87 H 98 tt 24 tt ffBtt 93 24 tt do. pfd. ..... Int. Nickel K. C Southern, e. Kelly Springfield . Kennecott Copper Keystone Tire Lackawanna Steel. 136 H 136tt 133 tt jl33Vi 32 Vi 87 tt 79 83 32S S8Vi 80 85 tt Sltt 88 78 83 Sltt 86tt 77 Vi 84 tt 44 86 Laskey F. Playerel Lehigh Valley . . . Maxwell Motors, c. M ex. Petroleum . . . aiiami Copper Mid vale Steel Missouri Pacific, c. do pfd. . Nat. Enamel 202 203 Vi 196 tt 23 47 tt 28 tt 'is' ' 'is'vi 84 Vi 196 24 24 47 29 78' ' ' 15tt 84 tt 75' ' 23 46 28 44 Vi 78 82 15 Vi 84 tt 107 74 tt 79 96 6tt 44 Vi 100 42 38 68 tt 18 tt 61 10O 120 19 47 tt 29 is' National Lead. . . . Nevada Conaol. New Haven N. T. Air Brake. . 15 S 84 tt N. Y. Central 75 80 " 'B tt 44tt 104 tt 42 tt 71 tt 18 tt 74 tt Northern Fae. . . . 80 ' '6tt 46 104 tt 42 tt "ii tt 18 tt 79 tt ' 'fi tt 44 Vi Norfolk A W Okla. Ref. and Prod Ohio Cities Gas.. Pan Am. Pete, c . . 99tt 42 tt Pennnylvania By . . Peoples Gas nerce-Axrow .... 68 Vi Pierce Oil Pittsburg CoaL c . . Pressed Steel Car. c Pullman Ray Con. Copper . 18 tt 120 tt 19 tt 98 86 tt 105 tt 120 tt 20 99 86tt 105 tt 120 19 tt Ky. Steel Spring . 98 97 85 tt Reading, c. 86 tt Royal Outcb 105 tt 103 Rep. 1. si S-, C . . Retail Stores . . . .10Vi . 80 . 86 tt Vis'' .1 76tt . lOOtt -i 23 V. .1 92 .107 .,315 I 22Vi -I lltt 109 tt 1165 Vi 105 80 tt S7tt 7tt sett 77 36 W lltt 44 74 99 2Stt 85 106 Rock Island, c. . . S hattuck Copper . . Sinclair Cons ie"' 76 tt 101 tt 23 tt 94 108 tt 831 44 74 99 tt 23 tt 89 Vi 105 Vi Sloes Sheffield... Southern Pacific. . Southern By., c. . Stromberg Motor. SUidebaker, s ... Sluts Motors St L. ,AV 8. f 300 830 22 tt 22 tt 22 11 Tenn. Copper 12Vi lltt Texas Ou Taxas Pacific 213 216 209 209 44 74 254 120 Vi 48 tt 72 tt 25 Vi 119tt 48 78 23 119 66 Tobacco Prodncta. . 74 tt 26 121 Trans. Oil Union Pacific, c . . . do. pfd. Union Oil of Dei. . 84 I 84 tt 34 64 tt . 84 64 198 V. F. Products... i 64 V 64 Vi Cmted rTult I200 1208 U. 8. Rubber, e. .. . llltt 118tt110V U. S. Smelt. t Ref. 72 Vi 72 Vi 71 Vi C. A. Steel, c 105 tt 105 tt 103 Vi do pfd . . . Utah Copper 78 78 77 tt Vanadium Steel ... 67 tt 68 tt 66 tt Vir. Chem.. c 74 74 74 Wabash 4p8tt 9 tt Wabash, A 28 tt 28 tt 27 34 Western Union W eat house Electric 84 tt 54 tt 53 tt White Motors 68 tt 69 tt 66 tt WUlvs-Overisnd ... 24tt 24 24 Woolworth 122 tt 122 tt 132 Worthington Pump. 82 88 82 tt LlOtt 71 103 112 77 66 73 , 9 2T 87 88 7 24 122 79 Total sale for the day were 882.100 shares with bond sales of $9,184,000. Ex. div., per cent. New Tork Sagar and Coffee New Tork, Mareh 29. (I!. F.) (JofTee Si 7 Bio. 81S.OO; . 4 Santos, $2 4. (HI e 24.60. Soger ataady. Ka-w. $1J.0 13.79; re fined, steady; grsanlateri. $14,00 414-80. HOOD RIVER NEWTOWN APPLES CI OK PE& box pl.aW WHILE THE! 1AST APPLE HOUSE Hi a fit Near Wagk-Fkoae Mala 47$$ won MARKET STEADY PORTLAND LIVESTOCK BUN Cars Bog. Cattle. Calves. Sheep. Monday .... 844 1731 208 2424 Week ago . .V 10S7 1998 197 - 44S Two weeks ago 1476 18 81 808 Four weeks ego 1 1 90 686 181 18S0 Tear ago ... 3418 1102 AS 1481 Two years ago 91T 1362 45 10 Three year ago 1422 1008 - 14 484 Four years ago 2984 942 2 Slowness marked the opening; of the North Portland cattle market on Mon day and, with the exception of one load of extra fancy steers which sold for $12.25, tne market In reneral showed eigne of dragging- Total week-end run In all lines was 89 cars. Hog market waa steady at Saturday'! closing prices, but sale for the morning were light. Keceipts were also light aa compared wim previous Mondays. Oeneral hog range: Prime mixed S16-00 16. B0 Medium miied 1T).80 16.50 Bough heavies 12 0616 25 Pigs . 11.00(815.00 Oattls Market Slew Slowness marked the selling on the cattle market. Prices remained unchanged, Keceipts were np tp ths usual Monday standard. General cattle range: Beet grain pulp steers 81 1-00 11.86 Choice steers 10.601100 Good to choice steers ........ 9.50 $10.50 Medium to good steers 8.75 9.75 Fair to go) steer 7.25$ 8 25 Common to fair steers 6.25 7.25 Choice cows and heifers 9.00lO.00 Good to choice cows and heifers 8 00 8 00 Medium to good cows and heifers 6 50 Q 7 80 Fair to medium cow and hellers 6.60$ 6.50 Canners : . 3 00 5.50 Bulls 6.001 8.00 Best light calves 18.00 & 17.00 Medium calve 10.00 14.00 Heavy calve 7.00 10.00 Blockers and feeders 8.00 8.50 Sheep Market Steady Sheep market was steady at the opening. Receipts over the weak end were Quite liberal, 24 24 head arriving. Thia is ail times the number arriving a week ago. Ueneral sheep and lamb range: East of mountain lambs $16.50 0 17.50 Best light valley lambs 1(1.25 W 16.50 Best heavy valley lambs 14 23 IS 25 Common to medium valley lamb 1 1.00 16.50 Xearlings 14.50 15.25 Monday Morning Sates 8TEEKM ; No. At. I As. Price. No. At. Lbs. Price. 8 908 $ 9.73 I 17 8T3, $ . 14. ...1125 0.85 28 1031) 10.60 22.... 875 0.66 26.... 1175 10 60 26.... 1150 10.25 25 1220 10.75 cows 1 23 25 , 960 .1020 . 960 .1180 . 945 9.00 9.10 1 . 1. 25. 10. . 930 . HU0 . 975 . 10t2 6.00 8.00 8.75 9.73 8 75 8.73 8.50 BULLS 1843 f 7.00 - MOOS 1 . . . . 860 S14.25 I 4 1.... 191 16 86 j e 217 130 (16.2S 13.73 Yakima Wool Clip Sells for 45 Cents Yakima. Wash., Marcb 29. The first wore clips of the 192l season were sold here hut week at pricee ranging from 40c to 4 3c. Jake SchueriLan purchased on joint account with H. N. Sun field small clips amounting to 60,000 pounds a a range of 4(o to 42c a pound. The grade is medium three-eightns. Tom Smith sold hi clip of 1U0.000 pounds to the Cnm m ins-Pierce compiny of Boston for 4 5c a pound. This is wool of a finer grade, and the market is reported strong on the fine grades, with no demand for coarse wools. The mala shearing of range bands is just beginning, and represen tatives of several of the big jobbing houses are gathering here to make purchases. Strike Cuts Down Livestock Receipts Clitcifo. March 29. (1. N. 8.) Because of the strike of 1800 member of the Livestock handlers' union here, there were meager live stock receipts St Chicago stockyards today. Hundreds of cases of stock were diverted to other markets during the night. Nearly all of the big packers practically stopped slaugb tering at their plants. Instead of the 19,000 cattle which should have arrived at the yards today, only 1500 came in. Hog receipts fall from the expected 46.000 tc 2000, while only 8000 of ths 16,000 sheep scheduled arrived. COTTON MARKET OPENED FIRM ADVANCE SHOWN New Tork, March 20. (L N. 8.) The cot ton market opened firm today at an advaaee of 2 to 23 points and later ruled strong on a genera demand promoted by the storm reports frr.nj the Central and Eastern ootton belt. IdBerpool was a buyer of tna near mouuia, and the Booth and v Urleea jmrchased the dis tant positions. Spot cotton was steady and unchanged to day at 41 Mc. No sales. Tb close wac steady at a set advance of IS to 17 point. PACIFIC COAST BANK STATEMENT Portland Sankt This Week. Tsar Ago. $ 6.774.800.44 $ 6.076. 637.20 Spokane Banks Clearings Monday $ 2.2HS.853.00 1.OS8.869.00 1.075.211.58 287.598 52 6.9S0.888.S8 fcalancee Monday Taooma Bank Clearings Monday $ Ealenra Monday SeeUls Banks Clearings Monday $ I'slances Monday 1,000,712.7 Ban Francisco Bank Clearing! Monday $24,681,488.00 Loa Angaria Stank Clearings Monday Sll.S2Z.Slw.00 Money as1 Exchange New Tork. Maroh 20. (I. N. S.) Call' money oil the floor of the New Tork Stock Exchange today ruled at 8 per cent, high 12 per cent, low 8 per cent. Time money waa steady. Bates were: 60 days, 808H per cent. The market for prime mercantile paper waa strong. Call money is London today waa 4 V per cent. Starling exchangs " was steady with business in bankers' bills at $1.88 for demand. Chicago Dairy Prod see Chicago, Marcb 29. (L N. S.) Butter Receipts 8482 tabs. Creamery extra, 04 He: standard, 68 H ee; firsts, 58 0 68 second. 50$ 62c; packing rtook , 80c. Eggs Receipt 22,914 cases. Misr-eDaneotii receipts 42 48c: ordinary first. 40HQ41ttc: firsts, 4Hr; checks. 87 (g 88a; dirties. 41c. Cheese Twins, new. 28 028 He; Daisies. 29 80c; Young Americas, (0 Vi 81c; Long horns. SOSSOttc; brick, 27 V. 0 28c; Live poultry Turkeys. 40c: chickens, 42c; springs, 89c: roosters, 26c; stags, 34c; geese, tie; ducks, 88e. Potatoes Becelpta 44 ears. Minnesota aad Dakota Ohioa $6.00 0 6.10. Liverpool Cottes Market Lsverpoot, March 30. (L N. 8.) opened In limited demand. Prices as star. 4t'00 bales. Bales, American mid. fair. 88 24 ; coed mid., 80.24 ; full mid., 20.84: mid.. 28.C4; low mid., 34.S4; good ord.. 21.74; ord., 20.74; future opeaad QUietr Fnrelga Exrhaare Unsettled New Tork. March 20. ID. P.) Ths for eign exchange market opened unsettled today with demand aterilng at 88. 81 H, , off Se; franc eheeks, 14.32, all 35 nan times; rrnrksj-rlirmanil $0.01 $4; lire, demand 10.82, and Oanadiaa dollars, $0.8189. Liberty Bend Rales (Famished by Ovarbeck A Cooke Co.) Opea. Close SHe ...................... 9718 1st, 4s eose 2d 4 8940 1st 4 e 9A0 2d 4 Via . 8e 8d 4Va 9278 4th 4 Via fiT Victory! 4 Ss 9750 Victory 8 fa 976 718 S040 e$s 9060 8080 9283 8976 97(0 9780 MlsseapoUs Flax Market : Mmaveapolil, Marcb 29 il y SJ Hu saeaV tve. I. $4.81 46, . - - ;trial AMIES STRIKE PRE-WAR SIDE By Broadtan Wall New York, March 21. Public an nouncement of the shipment of 4,000,000 British gold pounds to N e w York combined with the secret chipments of a larger amount than that to Canada last week will make a material differ ence in the credit situation oTpie United States. This is coming to take up purchases of Anglo-French bonds that have been made in the open market for the account of the British and French governments. These bonds are not due until Oc tober, but It has been found good business to purchase them now. Probably by the time they mature there will )e but a small amount left to take care of. The British government is forehanded in this aa It is in everything it does inter nationally. The spirit of the optimist ia develop ing rapidly in America and only the re pressive attitude of the government has kept it from making; a great exhibition. The American people are beginning to think of developing business at home, before the war less than 10 per cent of our business was with foreigners. Dur ing the war most of our business was abroad. The home bustness was neg lected. It wonld be a serious mistake for America to become entirely self cen tered, but It would certainly cause s temporary boom if the American people were to devote all their energy for a year or so to the relaxation and build ing of home Industries. hTOCK MARKET BOOMING That is Why the stock market is booming. Things are desperate abroad and trouble may come sooner or later at . home, but such astonishing; thing's hare happened in the last five years that good American cltisene are willing to go ahead ""with their program of devel opment at home, trusting largely to for tune for the outcome. They will omit no proper opportunity for doing buslnees abroad, but demor alization abroad compels Americans to abandon thoughts of doing foreign busi ness for several months, at least AUTO IWDP8THIES STARTING The automobile industries as readers of this column have often been informed, are Just getting started. The high price of gas will not Interfere materially with tne development custom, because alco hol is becoming cheaper to maice every iv. and the country is overflowing with raw material for the manuiacture oi alcohol. The oil barons do not control the automobile situation. Copper ia coming into Its own again, and the outlook for the next five years is unusually bright. Bllllone of horse power Is going to waste in the United States in the shape of mountain tor rents, and this le going to be developed eo rapidly that there will be need of the copper. TVaval Stores Market New Tork. March 29. (L N. 81 Turpen tine savannah. $2.21: New fork $2.40. Rosin Savannah, S1S.1U New York. $18.00. Your chance is NOW Tou have watched sterling climb from ths low point of $3.19 to $4.02. Canadian ex change has come up from 12 to nearly 95. The time of bargain oppor tunity in the U. S. dollar pay ment bonds of the best cities of Canada will soon be his tory. We bought a large block of City of Edmonton V4-year sold 6V48, all of which we have sold to yield 7. We have closed our option on an additional $100.000 all pur- chased during the low period In exchange. 8ubject to prior sale we offer you the advan tage of our low purchase price. to yield Tax exempt In Caaada Wire orders "colleef FREEMAN Smith a sices rie" onmirtiia asag Bias. CAMP CO. FA.CT8 XO. $14 Utility of the Motor Truck Visualization of the utility of the motor truck is one of the best arguments for better roads, for it is on food roads that the motor truck can do its best work, winter and summer. It is the salvation of the farmer because it brings him in constant touch with the market, and the farmer is now-, insisting that the roads be paved with -ITABfcEar BBOTJUtM CO- BITUL TH C Capital Stock of Lumber Company Is Increased $250,000 ... ' Salem, Or., March 29. The capital stock of the Henry Davis Lumber com pany, Portland, has been Increased from 1260,000 to $500,000, according to a cer- tificate filed with the corporation com missioner's office here Saturday. An other, certificate filed Saturday shows an Increase in the capital stock of the Consumers Cooperative association of Astoria from $4000 to ,10,000. Articles of Incorporation were filed Saturday as follows: Forest Products company, Portland, $15,000; Claude McCulloch. Joseph B. Knapp, R. La. Rankin and Joseph Kann. Grant County Hospital association. Prairie City, $4000; V. C. Belknap and 25 others. $10,000,000 Comes In Gold' Bullion to Aid Exchange Kates New York, March 29. The Red Star Line steamship Lapland arrived here last night with $10,000,000 in gold bullion from Europe. The bullion will help the sterling exchange rate in the United States and will cover the enormous exports of fehls country to England. Not even the officers of the vessel knew the bullion was on board until they n eared New Tork. One of the passengers on the Lapland was Charles A. Toraqulst, finance min ister of Argentina. whfV was abroad ne- eotiatine: the new Argentine loan of 5200.000.000 to tha alllt s to cover allied imoorU of meat and grain for that country. Klamath Bank Increases Capital At a recent meeting df stockholders of the Klamath State bank It was unani mously agreed on a substantial Increase of Its capital stock and surplus. The Increase will throw the bank into the $200,000 class, and will, enable it to bet ter meet the financial needa of the rapidly developing territory which it serves. FOREIGN EXCHANGE RATES Correrted daily by foreign departnent ef tha rjniud States National barU. Ovarii ua nominal rates for bank transactions : Drafts ' -Csble Par cheque. transfers. rites. Londmi Pound starling 91 W. S.93 $ 4.88.85 Paris Fnnn 14.62 14.60 5.18.26 Hamtmrg Berlin Marks ... 184 IM 28.82 Oenos Ura 19.92 16.90 - 1.18.20 Copenhagen J Kroner ... 18.40 ' 18.SS 28.80 Chriatiania Kroner .. 19.06 ! 10.20 S6.86 Stockholm , S Kroner .. 21. CO 21. ( 26.80 Hongkons Local Currency . 9T.T6 : 18.26 Yokohama Ten 48.00 -48.20 48 84 FREE FROM ALL DOMINION I.IKKr ecalfary. City of. School.. 14.00tr Calj-ary, city of. School.. 1.000 "Calvary, City of. School.. $,000 Caltary. City of, School.. 4,000 Edmonton, City of , 1,000 'Fori William, City of..,.. 8,000 Lethbridge, City of $.000 Lethbridge. City of 4.000 'Medicine Hat, City of... 5,000 Medlcine Hat, City of... 80.000 'Moose Jaw, City of 23.500 t North Vancouver 2,000 Point Orey,' B. C 2,000 Point Orey. B. C. 1.000 Polt Orey, B. C 2.000 Pott Grey, B. C 2,000 'Point Orey, B. C. 3,000 Point Orey, B. C $,000 "Point Orey, B. C. ...... 3,000 "Point Orey, B. C; 21.000 Reglna, City of $.000 Sasitatoon, City of 14.000 at. Boniface, City of 63,600 St. Boniface, City of 2.000 'St. Boniface, City of.... Denotes: bonda of $1000 $486.66. tlenotes bonds of PRICES: TO YIELD 7i 4 BurgUrjjsJKl Fire-proof Sal Deposit Boies for Rent MORRIS BROTHERS, Inc. THS mSMISR efUNIOiFAL BOeiD MOUSE- OArMTAL ONI MILLiON OOLLARS Morris BuiLiing, 309-11 Stark tret. Bet. Fifth aad Sixth Telephone: Broadway 2151 Established Over a Quarter Century Our duty js to supply you with the kind of investment you ought to have, not to push something on you that we want to get rid of. '"Salesmanship"' should take second place in true service in thi business of the investment banker. "The Hosts Bttilr Sqaare" Carsteiis & Earles, Incorporated ! Established t89t Government, Manicipel fc Corporation Bonds Third Floor U. S. iBank Bldg. - TeJephonet Broadway 4108 HAUL & COMPANY Bay and Soil U. S. Carrnsaent- Foreign Ceyvernmont fUUroad. Public Utility, Industrial Muavicipal BONDS . j - Qtvotattoaa Upon Request . Lewis Bldf , Psvttaad. Or. Terepbone Marshall CSS $,tH,tMM colleetee: Income and excess profit! taxes aggregating $906,529,171 were paid as the first Installment of the na tion's tax bill for It 19, While these figures do not represent an exact one fourth of thi taxes for last year, they Indicate collection for the en-, tire year of approximately $1,600, 000,000. The first installment more than offsets outstanding treasury certifi cates of indebtedness, Issued in n ticlpation of the payment and leaves the treasury in a position to con tinue its financial program outlined several months ago. Collections for the first period of 19 It were approximately $1,200,000. 000, the reduction this year being due to the lowering of the normal income tax rate. Bankers to Meet In Annual Banquet Thursday Evening ' The eleventh annual banquet or ths Portland chapter of the American Insti tute of Banking will be held in the Crys tal room of the Benson hotel Thursday evening, April 1, at 430 p. m. The chapter has been fortunate In b Raining some nationally known speakers - arid an entertaining program ia assured. A. L. Mills, president of the First Na- ' tlonal bank, will be toastmaster. The principle speakers will be Gardner B. Perry, national president of the Ameri can Institute of Banking; Robert H. Bean, executive secretary of the Ameri can Acceptance council ; David P. Bar- , rows, president of the University of Call fornla. The Portland chapter Is putting forth every effort to bring the 1922 national convention to Portland and this annual banquet Is only one of the links in the. chain of events it proposes to use to land the convention. Warmsprings Bonds Are Declared Valid Salem, March 29. The $300,000 bond laaue voted by the Warmaprings irriga tion district at a special election on Jan- ' uary 13, last, la a "legal, valid and bind- ' lng obligation," according to an opinion prepared by Attorney General Oeorge M. Brown for the etate Irrigation securities commission. Thia issue ia the third to be voted by the Warmaprlnga district. th first being; for the sum of $760,000, and the second for ths sum of 1400.000. . Directors in Conference Balem. March 29. Directors of the 811- , rer Lake Irrigation dletrlot. Lake county, . were here Saturday in conference with the state Irrigation securities commlaaionv relative to the certification of a $300,000 bond issue and state guarantee of In terest payments on the Issue. The world'a tonnage of merchant shipping- Is greater than ever before and is .. Increasing more rapidly than at any ... former period In maritime history. GOVERNMENT TAXATION We are particularly fortu nate to be able to offer In vestors and clients these CA NADIAN MUNICIPAL bonds upon a 7Vi basis. These are all general obligation bonds and are payable In GOLD COIN of the United States at the quarters - of Morris Brothers, Inc., or In New :Yprk. Better and safer bonds are not obtainable and, at the prices at which they are of fered, are very exceptional investment opportunities. Rate Maturity Price KVt Feb. 1924 92.2(1 4V Feb. 12 90.27 4H Feb. 192$ $7.60 Vk Feb. 1930 85.20 ft FAA 1924 94.99 t FA 1922 96.7 t FAA 1934 78.71 FAA 1924 96 OS Feb. 192$ 97 18 6 JAD 1943 72.72 6 JgcD 1944 72.29- 6A JaVD 19S9 79.84 . 6 JatU 1922 96.14 6 FAA 1928 84.72 6 FAA 1929 83.44 5 FaVA 1930 $2.2S 6 FAA 1931 81.14 6 FAA 1932 80.11 . 6 FAA 1934 78.27 6 FAA 1934 7.C$ 6 FAA 1938 76.31 , 6. MAS 1933 96.03 6 JAJ 1943 72.69 $ JAJ 193$' 77.92 6 MAN 1943 72.64 . 5 JAJ 1946 72.06 denomination. tDenotea bonda of $500 denomination.