THE, OREGON DAILY JOURNAL, " PORT LAND, WEDNESDAY,- MARCH 31; 1920. ,
16
W -s
ANOTHER EXTREME RECORD FORCED FOR POTATOES IN CITY'SiL..
FRENCH BUY COPPER FOR ARMY
. . Edltecl by t
Will F. Uessiaa
J
4 -
i
BUTTERFAT DROP
TO FORCE BUTTER
ItUTTEE DOW5T FOUE CENTS
X There will be a general deellae of 4e
i aoiaaMn the prire of butter la-sth
Portia ad market Ta-araday morning. Beat
' vrlata will be Me 1b parchment wrapper
til Me la eartoat.
- The very '"harp decline In effect Wed-
neaday morning for butterfat here 1b the
; direct outcome of the weaker tone in the
! batter trade generally owing- to the
4 sharp declines in the California prices.
Butterfat values were off to 02 0 63c
- pound for country station delivery 'and 84
Se a pound for delivery In Portland. Tbe
, higher price ! for tbe better end cream.
r- No change was -made in the price of Sutter
' 1mm Wednesday, but the decline in fat u a
.moreraent - to fore values off for . tbe snanu
v factored product, A the arrival of fmt on
' lb day's lover prices will not appear on the
batter market Sot a day or ao at least, eream-
ery interests sax that the present of ferine of
j batter eoet thea the hlfher coot of fat.
That there will be a decline of at leant 3a a
'. posnd la the price of butter her within the
eat 4a hoart k praetieally certain. "
Tboaa deairlna special information retarding
any market, should write the Market Editor,
' Oregoa Journal, enclosing ttaaip for reply.
V VEAL MARKET IS LOWERED HEBE
- Even though a few isolated sale of Teals
ware made aa high as 2Se a pound during the
' last 24 hours, the general market is inellned
to show weakness, at 24 (9 24 Ho a pound. Ha-
'ceipU ware liberal..
- DRESSED HOGS HOLBI5 FIRM
Market for country killed hoes is showing
strength along Front street. Keeelpt hare
' tMi erant and demand is good. The best block
stork of suitable weight is bringing 21 21 4 c
- a pound.
EGO BIDS ARE BEI50 STRETCHED
Bids for eggs are again being stretched here.
although the general buying price remains at
! . S7e a dosen for current receipts. Purchases
I' are reported by on house as high aa 87 He
a doseo.
SHARP ADVANCE IS TfJRPENTIHTP.
.-A very sharp advance of 6c a gallon is again
being quoted In, the price of turpentine in the
local market. The new price tanned by W. P.
roller Co. shows 12. SO in tanks and (2.04
la
yiWl! WEATHER FOR STRAWBEBRT
With arrivals' of strawberries now due tn the
local market, the trade Is speculating upon
what, effect the weather will litre unon first
Offerings. The supplies are coining from the
lar South.
BRIEF KOTEH OF PRODVCE TRADE
Onion market firmer for No. 1 stock.
Karo la up. 6 ft 35c a case.
,- Hhubarb is down to 10c s pound.
"- Chicken market firmer at 38 87c for heavy
bens.
Canned milk it weaker with no price change
for ths day.
WEATHER NOTICE "FOR SHIPPERS
Weather bureau advises:
Protect shipments during ths next 86 hours
against the following minimum temperatures:
. Uoing north, SO degrees: northeast over the 8..
V. 4V 8. B. R., 20 degrees: east to Baker, 24
degrees; and south to Ashland, SO degrees. Min
imum temperature at Portland tomorrow about
SO (1 egress.
WHOLESALE PRICES 117 PORTLAND
These sr prices retailers pay wholesalers
except at otherwise noted :
Dairy Products
BtJTTBR Selling price, box lots: Creamery.
frim parchment wrapped. 7c per lb.: prams
IrsU, 66c lb.; firsts,' 64$$65 per lb.; smsller
"lota at an advance. Jobbing prices: Cube ex
tra. 04 He lb.; prime firsts. 08 88 He lb.
BUTTEnFAT Portland delivery basis. 04
60c; coufitry stations, 62 9 03c
OLEOMARGARlNK--Best brands. 40e-l or
dinary. S8 Ho: bakers. 88c: Nutmarganne, 1
lb. cartons, 82c IK
CHEESE Belling price : Tillamook fresh Ore
gon, fancy cream triplets. SB&Soc lb.; Toung
America, 87 8 Me. Prices to jobbers, f. o. b.
Tillamook triplet. 82a; Toung America, 8Ao.
Selling price: Cream, bricks, 40 & 42c. Selling
price: Block Swiss. 48(0 49c; limburger, 40 9
420 per lb. .
EGOS Raring price: Current receipts 87
ST He; candled selling prire, 40c; select, 42c
LIVE POUJVTRT Helling price: Heavy hens,
S37o lb.; light hens. 34W3.V; pnnj light,
85W40e lb. ; heavy 82c; old roosters. 20c lb.;
aqnabs. 13.00: dressed ducks, 48r0c lb.;
pigeons, 11.5002.00 per dosen; turkeys, lire.
SB 888 lb. rttresed. 47ftB0o per lb.; dressed
geese, SOe lb.
Pretb Vetstablee and Fruit
FRESH FBI' IT -Oranges, $4.00$7.BO per
bog; bananas, 10 H 9 t lc per lb. ; lemon. 15.80
0-28 ter crate; Florida grapefruit. $6.fi0j
.00: California. 83.7B.
APPLES Various varieties. , local. $1.6Q0
tS.BO.
PRIED FRTJtT Pates. Dromedaries. 87.80;
Fards. S4-2B'per box; raains, 8 crown loose
Muscatel. 16c rr lb.; figs. $3.60 0 5.60 box.
ONIOJfS Selling price to retailers, Oregon,
$6.60 A 7.00 per cvrt: association selling price,
rarload. S6.00, f. o. b. country; garlic. BOc per
lb.; graen onions, 40c per dozen bunches; onion
eets. 1 7 f 1 8c per lb.
POTATOES Selling price. Oregon. fancy.
' 8(5.90 7 00; Yakima. 87.00 7.2B est; bur
Jig prire $6. 00 ( 6.25 ret; sweeta. 8 Ho Per lb.
.VEGETABLES Turnips, 38.80 per sack;
carrot. 31.7S per aack: beets. 84.60: cabbage,
California, IS 6c; lettuce, 33.00 3.25 crate;
eucntabart, $3.00 8 50 dosen; tomatoes, $3. BO
4.00; egg plant. 3Sn lb.: raullflower, $1,75 9
S. 78: bell pepper. 80c; sprout. 17e lb.: pars
nip, $3.50 per ack; rutabagas, S3.ftO (9 S.75
cwt; celery, $3.00 do.; ,. lH17c lb.;
artichokes, $1.4091.60 dosen; asparagus, 16
l7o lb.
Meata ana Wravlweni
COCTiTRT MEATS Selling Price: Counter
-..B. 31 31 He 'b. for t.p blockers; riesvv. 18
18e; bast. veal. 24 9 34 He; heavy veal. 17 9
lc per lb. --
SMOKED. MIC ATS Haas; 29 (H SOe per lb.:
breakfast bacon, SStaae; picnics, 24a)2o;
cottag roll. S2o per lb.
UED Kettle rendered.' 27 H c lb.; aUndard.
16 He; tierce basis compound, 25140,
, Pith and Shellfish
. FRESH, FISH Salmon, fresh Chinook, 80;
froasa salmon. 13 H 0 20c rer lb. ; halibut, fresh.
. I ) ; sturgeon. ( ) ; black cod, 10 9 lie lb.:
allvar smelt, 10a lb.: kippered salmon. 82 05
per 10-lb. basket; kippered nod. 82.35; Co
lumbia smelt, $2.0092.25 per box; raaor eUmtv
at.ou per oox.
' BTJOAR Homlnal price, refinery basts
Cube, $17.90; powdered. $17.55; fruit and
berry. $17 85; yellow. $16.40; granulated.
$17.88; extra C, $16.60; golden O. $16.60
HONET New, $7.80 9 8.00 per earn.
-' RICE Japan style. No. 1. 14 He; New
"Orleans head. ( ); Bin Rose. 16 44a per lb.
SALT Coarser half ground, 100a. $17 23
par tons 80s. $18.78; tabia dairy, 6g. $27.26;
bale. 3.8994.00; fancy table and dairy.
$86 50) lump rock. $26.80 per ton.
BEANS Oregon (aalea by Jobbers) : Lady
Washington. 7H98o per lb.: pink. 8c: lima,
l&e; bayou. 10 He; Oregon bean, buying price,
nominal, B H e ner lb.
CANNED MILK Carnation. $5.88; Borden.
$8.75: Aster. 5.7B; Egle. $11.25; Libby.
$6.85; Mount Yeraoa, $5.76- Hasalwood. $5.75
COFFER Boasted. 37 96 le hi sacks or
drama
SODA . CRACKERS In bulk. 17 He per lb.
' NUTS Walnut, 80940c par lb.; aJnwnaVi
.S8ci filberts, 82e ia sack lots; peanut. 16T
16c; peccant. , 25c; Braxila, 30c.
- Recce, Paints, Otis
ROPE Sisal, dsrk, ISHc; white. 20 lb.;
Standard Mantis. 23 He,
g - LINSEED OIL Raw, bbla,. 32.00 gal.; get-
- jMMka. Bands. Cattea, Oraia, Eta.
Iia-tlf BecvtS af Trade Building.
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Mesa ban Chicago Board at Trade
" ' CarretpeadeaU af Loraa" Bryan
n ' Caleaga . New lark
STOCKS ' GRAIN COTTON
. . Stoat Listed New Verb Stock Kxottentc) ,
Reduced Commissions Small
S " Deposits -
Ckaa. R. McLain Brokers! . Ccv
btNVCft. COLO.
ALLEN BROS. CO ?
L - PORTLAND CO R ft EiPO HDt NTS ' '
It Crr-br Commerce Ida. , Peer 111
m A EsASKETJ
By Hynaa H. Cohea
Spring: grreena are arriving: rather
freely in the markets considering the
condition of the weather. Consumers are
buying more greena than ever before and
this is holding prices from going very
low at this time.
Cabbage greens are available In rather
good supply with sales around - two
pounds for 15 cents, while spinach Is
available from 10 to 12c a pound gen
erally, although some selected stock is
bringing as high as 15 cents in tbe re
tall shops.
Rhubard or pie plant is coming- fairly
freely from local places and there is a
vast Improvement In the quality over the
recent arrivals from California. Then
the price la sharply declining. Rhubard
la being sold in the retail markets today
at 15c a pound generally, while it was
only a few days ago that 17 17 V4c a
pound was being asked at wholesale.
California asparagus is coming for
ward much more freely and it Is like
wise of improved quality. Tbe white
stock is the most popular at the moment
and is selling around 20 cents a pound
retail.
.Qreen peas are no cheaper but the
quality is better. .
Cabbage continues very scarce and
high priced and good broccoli or cauli
flower is also scarce and rema.ns at ex
treme values. Practically no first class
broccoli is now available, Chicago having
purchased the entire output of tbe Doug
las county fields.
The following prices are average onea that
consumers are expected to pay retail stores. Qual
ity noted' it the average, fancy stuff being
slightly higher and inferior atufl fractionally
lower.
Eggs Fresh laid. 45 47c per doxen: fancy
fresh. 45c per doxen.
CheeseFancy, 40 9 46e per lb.
Chickens Dressed, 43&50o pti lb.; geeee.
dressed, 45c per lb.; turkeys, 55$&6c lb.;
ducks, BOc per lb.
Salmon 25 0 4 5a per lb.; 'halibut. 2 Be
per lb.
- Hoar Beat local patent, $3.45 08.50 per
tack. 49 lbs.
Potatoes Burbanka, fancy. S 9 0c lb.; sweets,
10fe12ft per lb.
Onions Dried. 8 9 8Hc per lb.
LIVERPOOL A'D SPECULATORS
FORCE COTTON PRICES TP
New York, March 81. (I. N 8.) The
cotton market ws firm t the opening tody
with first prices 12 to 32 points higher on
active trade, Liverpool and speculative buying.
New high levels for the season were touched on
all positions either on or shortly sfter the start.
At the end of the first 15 minutes, the list
showed a net gain of 30 to 33 points. Realiz
ing sales1 for over the holidays were well taken.
The close was firm at a net advance of 65
to 122 points.
Month. Open. High. Low. Close.
January 3160 3248 3148 3250
May a000 3980 3806 3975
July 3625 8608 8622 3698
October 820- 32H0 3278 3275
December 3202?' 3305" 8202 3303
New Xork spot marks. 4175, 25 points up.
UNK7TOWW BRAN FINDS GREAT
FAVOR WITH EASTERN TKAD
Eugene, March 31. Tbe Eugene Fruit
Growers' association is about to become famous
through canning a new string bean, the name
of which is unknown, according to J. O. Holt,
manager. A few cases of a special variety of
garden bean was canned last summer and sent
East on approval. The eastern buyers were
tn well pleased that an order hat been placed
for 4000 cases. The association here hat
enough seed for 20 acres, and this will be dis
tributed among the most proarawive farmers in
order to fill as much of the order as possible.
Holt says no one here knows the res! name
of the bean, but that it Is larger than the
ordinary bean.
AMERICAN LIVESTOCK PRICES
Omaha Hoot $18.40
Omaha, Neb., March 81. (L N. 8.) Hogs
Receipts. 17.000, 25 C BOc Higher, closing
easier; bulk, 814. OO (g lft. Oil; tops, VI 5.40-
Cattle Receipts.
0500, ateady to
strong;
top beeves. 314.00.
Sheep Receipts, MBUU; JsraDe ateady to 26c!
lewer; sheep and feeders steady. I
Options on March corn expired at the close I
of today's trading on the board of trade at i
$1.87. 3 cents above yesterday' close and 2 Mi I
cents over the nreviona taiirh mark nn the rr.
also made yesterday. A rush of short covering
brought a higher opening and. except for a little
relaxation by holders shortly after midday, prices
held close around the top all day. Deferred
futures were higher in avmnathv. Jnlv clnlnir
I H (0 I He up and September at a gain of 1 He.
may was inuepenaently strong, eelung up
ti.oo iff l.oo i - soon after tbe opening and
closing 2c higher for the day.
Oats prices trailed the corn futures in mild
degree, closing about He below the top prices
of the day.
Provisions were dull and lower.
Denver Hogs $15.60
Denver. Colo., March 81. t P.) Cattle
Keceipts 800, 20c higher. Steers $11.00 9 1'
l cows and inciters. K 00 1 1.25 : stock-
era and feeder. 11.50; calves, $15.00(9
17.B0. -
Hogs Receipts 1300, 25 (Si 50c higher. Top
$15.50; bulk. $14.00 9 1 6.25.
Sheep Receipts 10.100., 15 ft 25c higher.
Lambs $18.76 19.50; ewes, $13.00 9 13.85.
Kansas City Hoot $16.10
Kansas ISty. Mo.. March 31. (I. N. 8 )
Cattle Receipts. 7000; steady to 2Sc hicher.
Steer. $9.00 14. AO; cows and heifers. $8.00
W 13.00; stnrkers and feeders. $6.00912.50:
calves. $8.00 916.00.
Hogs Receipts. 11.000; 15 25e highea
Ton. $16.10; bulk. $14.25 913.65; heavies,
$14.00 ' 1S.8B: mediums. $15. 00 IB 10
lights. $15. 2B& 16.10; pigs. $13.00 W 1 6-35.
Sheep Receipts. 7000; active and steady.
Lambs. $19.50 9 20.40.
New York Aaa-ar and Coffee
Ww..,Tort. Mrr& 81- U- P- Uonee:
No. 7 Rio, 15c; o. 4 Santos. 24 9 Z4c
Sugar firm; raw, $12.309 18.04; . refined
firm; granulated. $14.00 914.50.
Xew Tork-Londoa 8ner
Wew Tork. March 81. L N. 8.) Commer
cial bar silver was unchanged today at 1.26 H
London. March 31. (I. N. S.) Bar silver
waa Hd higher today at 72 Hd.
IVaval Stores Market
New Tork. March SI. (I. N. S)
tine Savannah 225: New York. 245
Rosin Savannah. 1600; New Tork.
Turpen
1800. Exchange to Clone
Chicago. March 81. (L N.. 8.) The Chi
cago Board of Trade will be dosed on Good
Friday. April 2.
tit boiled, bbla. $2.08; raw, easet, $2 21:
boiled, caaes. $2.23 per gallon.
COAL OIL Water white, ia drama or iron
bbla., lSe gal.; cases, 24c gal.
GASOLINE Iron bbla., 23c: esses. 25 He
engine distillate, iron bbla.. 16c; case. 28Ve? '
WHITE LEAD Ton kti 1 r.- a an Tk.
18 He per lb. '
TURPENTINE Tanks, $2.3$; cases. $2.54;
10 rase lots, le leas.
WIRE NAILS Basic price. $5 IS.
Hoc. Woof and Midas
HOPS Nominal. 1919 crop, 30c per lb.
HIDES Calves. SO 80c: ere.. hM- its
18c: salted. 20c; kip. S0c; graen bull. IBe;
eivru outi. 11c.
BHtfcr-Ki.s Shearlings, 25960a lb.:
long wool. 26e Pa.-; short wool, 2S30e: green.
SI 9 80e per lb.
TALLOW ANQ GREASE No. 1 tallow; He:
No, 3. 10c: No. X grease. e; No. 2 area.
7c per lb.
CHITTIM 0B CASCASA BARK New peel
lie per lb.
WOOlV-Talley half blood ft.rtno and Shrop-
athlTW tarts fVlteregtl, . 1 i aT'.
taatted Cotawold. 30985c; Umber stained. 6i
Per lb. law; lambs wool. 4c per lb, less.
e.irn Oregon Eastern Washington and
yatuucni wow ssermo and Shropshire, 83 9
40c; . heJf-blood Merino and Cotawold. 879
42ej Shropshire, 87 946c: ColtawoM. aid
Lincoln, straight and mixed, 32935c; burry. kg
par lb. less: lamha u. . 1
.w52 Merln ooaabing aad carding
T.lre fWeha V-H
..5W.ToA' ?tareh (U. PI Lire checks
m(!e- nw low record here today, onenina at
IZi H , ".-- Demand sterling
lie .2 .e. op ne; rrane check 1 8.05
. - -"---a isvm, it.iv, oil Vi
"vlnd 80.0140 aad Canadian eoUara,
OW. , ; ; ; , 7 - .T ', . , J ....
POTATO MARKETS
AT A NEW RECORD
Aviating prices are again shown in
the potato market and an entirely new
high price record was established at
country points trlbutaray to Portland
during the last 24 hours.
. Actual purchases ef potatoes from
growers are shown ' as high as $8.00
6.25 per cental during that period. Even
what Is ordinarily called No. 2 or No. 3
stock is finding buyers here up tc $6
delivered at Portland.
Front street has nut yet asked its proportion
ate advance in potatoes along sales of table stock
were shown daring tbe day as bfgh as $7 per
cental, while for seed stock, likewise available
for table but something extra good, sold aa high
aa 17. B0 per cental.
The situation it the most serious that hat
ever confronted the trtde here. While it is
true that the extreme value have reduced by a
vary material degree the consumption of pota
toes, still requirements continue In excess of
offering.
BULLISH 8EXTIMENT IS CORX
ASD OATS ALSO RISE
Chicago. March 31. (L N. S.) There was
an active trade, with a bullish sentiment in
com, which opened 4 9 Ts c higher on gen
eral commission bouse buying. Offerings were
limited.
Oatt opened H 9 He higher, with May in
general demand. Prominent eastern bouses
were the heaviest buyer. The more deferred
futures, while comparatively quiet, were firmer.
Provisions started higher, with commission
houses buying and light offerings.
Chicago range by United Pre
CORN
Open. High.
Low.
164 H
157H
151H
86
79
Close.
167
159 H
152H
87 H
79H
March
May .
July .
May .
July .
.. 165 167
... 157 160H
... 1S1K 153H
OATS
. . 87 87
,.. 19 80
PORE
May 3640 8050 3610 3010
LARD
May 2090 2095 2032 2032
July 2170 2172 2107 2110
RIBS
Mar 1903 1915 1887 1867
July ., I960 1952 1910 1910
Nominal Run Shown
In Stockyards; No
Changes in Values
PORTLAND LIVESTOCK RUN
H.igs. Cattle. Calves. Sheep.
Wsdnesday
W eek ago . . .
2 week ago. .
4 weeks ago . ,
Tear ago
2 years ago . .
3 years sgo.
4 years ago. .
60
128
808
329
542
230
623
888
11
401
416
31
30
41
40
65
24
138 !
16
412
Only four loads of livestock entered
the North Portland alleys fop the Wed
nesday trade and arrivals wern Hc-ht
in all divisions. No price changes were
Indicated.
Less than a carload of hogs came forward for
the day's trading m the alleys and prices were
considered tedy to firm, with former figure
nominally continued.
Oeneral hog range :
Prime mixed $10.00 916.80
Medium mixed 10.50 918.80
Rougb heavies 12. 00 ( 15 23
12.00 915.00
Cattle ftun Is Handful
Just a handful or so of cattle came into the
North Portland alleys for Wednesday. Trading
was slow but at former established prices.
General cattle range: '
nest grain pulp steers .
Choice steers
Good to choice steers .
Medium to good steers
Fair to goad steen . .
Common to fair steer
$11.00(911.75
1O.S0 & 11.00
9509 10.50
S.759 9.75
7.25 8.25
6.25 7.26
Choice cows end heifer
9.00 (9 10.00
8.00 9 9.00
6.50 9 7.50
B.50 9 8.50
8.009 6.50
6.00 9 8.00
15.00 917.00
10.00 9 14.00
"""n to cnoice cows and heifers
I ntuium io gooa cows and heifers
Ir,lr ,0 medium cows and heifers
Cannera
J)u11"
"nt calves
Medium calves
i vi,e
7.00 10.00
8.00 9 8.50
8tockers and feeders
Mutton Holds Stead
Steadiness was generally shown in the mut
ton and lamb alley at North Portland for Wed
nesday. All divisions show a continuation nf
th Previous prices
to:"1"'" ""
$19.20(920.00
16.609 17.50
15.23916.50
East of mountain lambs . . .
Best light valley lambs . .
Best heavy valley lamb .
14.25915.23
Common to medium vuy lambs 11.00 15 50
Tearlinga 14.50(a) 16.25
Ewes
10.00 013 00
Tuesday Afternoon gales
COWS
No. Ave. lbs. Price. No. Ave. lbs Prire
2 720 $ 8.00 1 40 $ 7.50
1 950 8.00 2 1070 ft 00 !
2 f.75 8.50 2 101S 000
3 1053 7.00 1 1060 8.76
BULLS
1 1890 $ 7.50 I
S HOGS
1 380 $15.50 1 360 $14 50
10.... 218 16.00 1..-.. 140 14 50
6 J0 I860 14 160 16 73
5 202 16.25 11 183 16 50 !
2 180 16.50 5.... 158 16.60
1 490 10.00 1 150 16 5ft
1 130 14.50 1 680 11 00
1.... 300 16. OO 1. $40 12 00
5 166 to 50 2 185 10 50 I
4 232 16.50 1 140 14 50
1 192 16.50 1 870 14 60
1 310 15.00. 7 160 16 50
1 320 18.33 10.... 108 16 50
4.... 177 14.60 10 179 16 50
7.... 143 16.50 6 183 16.60
16 195 .16.50 6.... 201 16. 60
2 205 16.35
LAMBS
160.... 40 $10.00 I 229.... 69 $10.00
YEARLINGS
244.... 77 $10.00 I
9.00
!- "",
JV ?
14.0 ,
Wednesday ' Morning Salt
STEERS
6, ...1055 $10.63 I
' COWS
6 780 $ 6.00 I 1 810 $ 7.06
1...: 890 7.00 j 2 726 6 00
1 . .1100 9.25 I 1 910 7.60
1 950 0.75 I
LAMBS
52.... 85 $17.00 I 8 72 $1700
8 133 14J0 1 120 17.00
64 67 19.00 21.... 05 20 00
S9 71 17.00 3.... 70 17.50
2.... 00 17.60
EWES
5.... 104 $ 9.00 I
BCCK SHEEP
6 160 $ 9.00 I
BULLS
. .I860 S 8.00 I
HOGS
. . 165 $16.50 I A.,
16. .
12..
10. .
1 . .
IS. .
220 $12.00
210 16.2S
196 16.00 1..
196
16.25 I
EWES
$9.00 I 4..
12.50 I
120
128
150 $10.60
Sai Fraieisro Barley Calls
Ban Francisco, March 81. Barley caut:
tisy, tuv aid. lis aas.
Ueeeatber. sou
DAIBY FBOPrCB OF THE COAST
San Frandsoe agar. eg
Baa Francisco, March 81. U. But
ter Extra. 69o : prime firsts, SHe.
Eggs Extrea, 44 He; trrsta, 1 o ; . extra, put
lota. 88 He; undarsiaed puliata. Sac.
L'hBeae . gTata, California fancy, Slo; ruata,
2i c,
Lot Angeles, March Sl.-Mt If. 8.) But
ter California creamery, extras. 66c.
Eggs Extra. 89e; caae count, 88c; pullets,
86c per dosen. "
Poultry Unchanged. j i
New Terk Batter aad T.a-art
New York, March SI. L' N. S.) Butter
firmer, creamery extra, 68 H 9 70c; de first,
64 H 9 67 H ; de higher scoring, 87 9 Tie; state
dairy tuba, 45 65 He; renovated, $5e; fjaita
Uon creamery. 48 9 4a. -
Egg firm, nearby white fancy. 619 62c; do
brown, fancy, 86 9 57o; eztratv al 9 2c; first,
47e0He
HIGHER LEVELS
IN STOCK MARKET
Ntw York, March 81 (I. . .) Ths
stack market closed Irregular today. Dealing
continued vary dull In tne final hour wfth price
changes confined to fraction. Steal common
bung around Its closing of 104. Baldwin
yielded to 134 V4, than rallied te 18Ba. Mast
can Petroleum rallied 1 point from the lew
ta IBSy. while Sinclair ell yielded 1 point to
48 ' . Studecakar dropped X polnta from the
high t 10S4. LltU waa dona In tha railway
and copper Issue, Crucible was finally 262 Vz,
Pan- mar loan Petroleum 101 H, American
Woolen 182', Atlantlo Gulf 171 V. Southern
Pacific 89 H. and Republic Stoat 107.
New York, March 31. (I. N.. S.)
Prices were established at higher levels
at the opening of the stock market to
day. aHhoughy, business continued on a
small scale. Stutx Motors jumped 21
points to a new high record of 391. Cru
cible Steel advanced 7Vi points to 262
and Steel common to 104. Baldwin
Locomotive at 134 and Republic Steel
at 106 both showed gains of 1.
General Motors rose 8 points to 385
and Studebaker advanced 1 to 107
and Chandler Motors 2V4 to 161.
All the oil iaane were In demsiid. witil Mid
dle State Oil most prominent, making an up
turn of to 35 H. Mexican Petroleum rote
S poiutt to 201 and advanced of 1 point were
made in Pan-American Petroleum and Koyai
Dutch.
Atlantic Uulf showed a gain of 4 H to 172 ;
American Sumatra. 2, 1004 i American tn
te'Tiatnmal W to 102: American Woolen.
1H to 132 H and Industrial Alcohol. 1H to
95.
Trading con tinned active throughout the
forenoon, but after tne early advance a reac
tionary tendency developed in many issues, with
tbe railroad stocks showing special weakness.
New Htven dropped 1 point to 32 H . while
losses of around 1 point were suffered in Hock
Island, St. Paul, Heading and Southern Pa
cific. The Steel issues beld barely steady. Steel
common yielding from 105 to 104 H. Adams
K.pras was exceptionally acUve and ttrong. ad
vancing over 8 points to 46. The old issues
beld their gains well. Mexican Petroleum ad
VMMSlng to 201 H and trana-Oll rose to aOove
28. The Sugar stocks were In demand, Cuba
Cane Sugar advancing over 1 point to 50.
Studebaker, after selling up to 107 11.
dropped 1 point.
Trading continued dull during the afternoon
with a generally strong tone. Baldwin was prom
inent, advancing to above 137.
Dealings in Stutx Motor on the New Tork
Stock exchange have been suspended and no
member will be permitted to trade m that stock
on the floor of the exchange, it was announced
today, following the adjournment of a siiecial
.meeting ox tne governing committee of the eX'
change.
Stutx Motors had a sensational nse from ,t
low of 1004 on February 13 of this year to
391, its closing price of today, and rumors had
been current in Wall street that this amazing
advance was caused by a "corner" of the stock.
The market showed a reactionary tendency in
the late afternoon on selling when the call
I money rate advanced to 10 per cent.
win, after advancing to 137 fell to 135. and
Crucible yielded to 203. Republic Steel fell
2 points to 107 H
Demand sterling closed at $3.894, up 414;
franc checks. 14.67c. up 22: life checks, 20. S7.
up 15; marks, demand. $.140; Canadian dollars.
$0.9220.
(untuned by Overbeca 4V Cooke Co..
of Trade building:
Boaru
Close.
76
14
2H
48 H
88 H
48
143 H
46
101
81 H
104
23 H
68 H
132 Si
99
66H
133 H
63 H
81 H
175
135
34 4
96 H
121 to
15 H
27 H
39
128
86 H
54
169 'i
8
37 H
85
38
3 8 to
vK
SH i
no to
92 44
262 H
4944
49i
13H
87
17 H
1 5N
37U
ti'.t to
38 4
HI to
1)5
bit H
M3 to
127
36 T
94
23 to
17 to
132 to
314
37 to
7M '
,
44 to
:tr. to
199H
6H
47
27 to
82 H
15
10$to
74 H
80 H
Bto
45
102 to
424
68 H
20
84
105
107
79 H
35H
75
43 to
99 to
23
91
106
391
22
121 to
13
21244
42H
25 to
120
33 H
1974
UOH
104 to
112H
78
73 H
73 to
26 H
87
54
69
24 H
1224
:Alax Rubber .
Erie, c: . . . .
Open.
76
a 14
Alaska Gold 2
Allis Chalmers 44
American Beet Sugar 88
American Can, c 49 H
American Cr Foundry 142 &
American Cotton Oil . .
American Int'l. Corpn 101 H
American Linseed, c HI
American Loco., c 104
American Ship A Com 24 4
American Smelter, c 68
American Sugar, c 132
American Sumatra Tobacco... 100 H
Am. Tobacco Securities 60
American Woolen, c 132 H
Anaconda Mining Co 63 H
Atchison
81
Atlantic Gulf A W. I. . .
Baldwin Loco., c
Baltimore & Ohio, c
Bethlehem Steel, B . . . .
Hoch Magneto
Brooklyn Rapid Transit .
Butte A Superior
California Petroleum, c.
Canadian Pacific
Central Leather, c
Cerro de Pasco
( handler Motors
Chicago Great Western, c
Chicago, Milwaukee A St.
Chicago A Northwestern
1 69
133
34
95
IL'0 '4
15
'27 '4
39H
122 H
85 H
54 H
158H
38
86
36
ltiVi
64 H
3ft '.i
87 H
92
28H
49H
48H
13
Paul
Chino Copper
Chile Conner
Columbia Gas A Electric . .
Colorado Fuel A Iron . . .
Consolidate t,as
Com Products, c
Crucible Steel, c ....... .
Columbia Graphophone
Cuban Cane Sugar
Denver A Rio Grande, pfd
Fiske Tire
Gaston Williams
General Electric .
General Motors
Goodrich Rubber
IBM
37(1 4
6! H
3N Vk
Ml
94 Tfc
59 H
n
127
85 H
94 ,
23S4
17
131 H
32
8A
78
H4 k
44 H
35 '
199 H
fix
47S,
27H
33
ios'H
74 H
80
5H
44 H
102
424
69 H
20
84 H
105
107H
78 H
36 H
75
44.
994
23
93
106
800
1 ( . t Northern Ore. .......
.it- Northern Ky
Industrial Alcohol ......
Inspiration Cofper
International Paper
International Harvester . . .
Int Merc tile Marine, c...
do pfd.
Irt. Nickel
Ha . ity SmT.hern, c. . . .
iaiini1''' opnngiieia
J2 ill ! K necott Copper
IS.OU 1 V,..fn Tle
Lackawanna bteel
I.askey Famous PUyers . . .
Lehigh Valley
Maxwell Mot.jrn, c
r,.i-. r.
Montana Ptwer
Mnlvale Steel
Missouri lc, c - -
New Hven
Nevada Consolidated
New Tork Air Brake ......
New Tork Central
Northern Pacific
Oklahoma Itef. and Prod. -.
Ohio Cities Oaa
Pan Am. Pete., c
Pennsylvania Railway
Pierce Arrow
Ray Con. Copper ........
Reading, e
Royal Dutch
Republic Iron A
Retail Storm . . .
Rock Island, c. .
Steel.
do preferred
"A".
Sinclair Cons.
Southern Pacific
Southern Ry.. e.
Htromberg Motor
8tndebaker. c . .
Stutx Motors
St. Louis A Baa Francisco
22 H
Swift A Co 121
Tennea-ee Copper
12
Texas Oil
Texas Pacific
Transcontinental Oil .
Union Pacific, c
Union Oil of Del
United Fruit
V. 8. Rubber, c...
U. S. Steel, e
do pfd
Utah Copper
Vanadium Steel
Virginia Chemical, e. .
Wabash, A 7
Western Union
Westmghonae Electric.
White Motors
Willys Overland . , . .
Woolworth
2104.
42 ,
25 14
120
33
199H
110H
104 H
112H
78
. . 68
73 H
27
"B4H
67
24 H
122
.1530 S. La Salle St, Chicago
jajTSaiJlC
jjjnijJMtjarta
Ism ssgMtoi thai UvW-frg
;tti osjii " '
- fTik acJacaarvat
Wgtat fsextr to r-"i I
itMtllilHSM 0 (!()
STORAGE CHARGES
RUINING TRADE
The situation in the egg storage mar
ket today in Portland is serious. Either
the Portland consumer should pay 2c a
dozen more for his supplies than con
sumers of other markets or else the
producer will be forced to accept that
amount less. It cost' that much more
to store eggs in this city today than
in the leading markets of the Pacific
coast.
What the egg trade here calls a "gentle
men's agreement" has been reported made in the
storage situation here. The prices that storage
bouse of Portland are charging are out of all
proportion to what is being paid ia other cities.
Portland atorage houses are asking 30c a case
for the first 100 case for the first month of
storage, 20e per rate for each additional hun
dred cases for the same period, and 12 He a
case for each additional month. The storage
season is approximately eight or nine month.
8n Francisco is storing eggs at 55c a caae
for the season of nine month.
Seattle atorage interests charged this season
from 45c to 65o a case for the season of nine
months.
It wul be een therefore that tbe cost of
storing egg in Portland will be over 1 for
the average season for each case or practically
twice as much as charged elsewhere.
Egg storers complain of this practice and say
that it is driving the egg business from Port
land. Under the new plan of egg storage
charges, the. packers with their own storage
houses are in a position to put the other fellow
outOf buaineat.
Feeders Offering
Alfalfa to Trade
NORTH WE8T GRAIN RECEIPTS
Car
Wheat. Barley. Flour. Oatt. Hty 1
Portland. Wed. 12 1 11 1 60
Year ago . . 6 2 8 2 15
Season to date 7464 170 3413 415 1836
Year ago. . 6705 943 2192 018 894
Tacoraa, Tues. . 3 2 1
lear ago: . 13 5
Season to date 6219 77 2641 187 758 1
Year ago. . 4970 32 .... 143 1103 I
Seattle. Tues. 25 1 5 2 1 i
Year ago - - - i
Season to date 3404 234 677 630 1126 1
Year ago. . 5081 71 1055 316 2367 !
Quite liberal stocks of alfalfa hay are
again being offered by interior feeders
who have been moving- their cattle either
iAo market or upon the open ranpe.
Demand here at the moment is fair with
buyers offering around $30 a ton Portland de
livery for No. . 1 stock. Other hays are con
sidered steady.
Speculators have been endeavoring for some
I time to have grain bags luted upon the ex-
vnaiiie iieie Ml m ui iwice iuiiuii Tajuea auu
thereby grab greater profits.
General grain situation remains quiet.
FLOCK Selling pnee, new crop: Patent
valley. $10.65; loess 1 straight. $10.60; bakers'
local, $13. IB; Montana spring wheat, patent.
$18.73; rye flour. $10.10; oatmeal. $13.00;
graham. $11.30. Prices for city deliveries in
five barrel lot.
HAT Buying price, new crop: Willamette
timothy, fancy. $28.00: Eastern Oregon-Washington
vetch. $24.00 (df 23.(10 ; cheat. 317 00(4
20.00; straw. $10.00; clover, $27.00; grain,
$26 00; alfalfa. $29.00 a ton.
GRAIN SACKS Nominal: New crop delivery
No. 1 Calcutta. 17 to 9 18c in car lots; less
amount higher.
MILL8TUFFS Mill run at mills, sacked.
$40.00
OATS Per ton, buying price: Feed, $63.00
963.50; milling, $08.00.
BARLEY Buying price: $70.00
$72.60; rolled barley, seiUng price,
9 79.00 top.
Merchants exchange bids '
FEED OATS
milling,
$73.00
March.
5900
BARLEY
No bids
CORN
April.
5930
My.
6000
No. 3 white . .
No 3 yellow
Eastern grain in bulk :
OATS
36 lbs. clipped
6350 6400
6900
6000
B930
0050
88 lbs. clipied
CORN
... 6750
No. 3 yellow
6500 6450
Chicago Hairy Produce
Chicago. March 31. (I. N. 8.) Butter.
Receipts 6038 tubs. Creamery extra, 63c;
standard 63 9 63 He; firsts, 57 62c; packing
stock 85 C 38c.
Egg Receipt 35.340 cane. Ordinary firsts.
37 W 39c; firsts, 41c; checks, 36 He; dirties.
: 37 He
j Cheese Twins, new. 28 H 9 28 44c: Dsisies,
! 29 toW 30c; Toung Americas. 29 H 9 30c:
I Longhoms. 31 931 toe: brick, 28c
Live Polutry Turkeys, 40c; chickens. 89 He;
springs, 38c: roosters, 26c; stage. 80c; geese.
22c; ducks. 38c
Great 8ajrar Supply
New Orleans. March 81. Sugar is arriving
here in great quantities. Twentytwo thousand
bags came from Cuba today to the Henderson
Sugar refinery and about 50.000 bags ytcdy
arrived for the American Sugar refinery. The
supply here soon will be adequate to supply the
the demand and may result in a drop in the
price of augar.
San Francisco Grain Market
Ran Frsncbico. March 31. (U. P.) Brley
Spot feed, per cental. $3.15 (. 25.
ew York Spot Cotton
New Tork. March 81. (I. N. 8.) Spot
cotton wa ateady today. 25 points higher st
4175:. No sales.
iP
FREE FROM ALL DOMINION
i , - Xl - is
4,000 Calgary. City of. School........ feD
14.000 Calgay. City of. School 4 Feb.
1.000 tCalgary, City of. Alberta. 6
8.373 JFort William. City of. 5
8,000 Lethbridge, City df 6
6.000 Lethbridge. City of 6
22.000 fNorth Vancouver 6
2,000 'Point Grey, B. C 5
2.000 "Point Grey. B. C 6
1.000 "Point Grey. B. C 6
2.000 "Point Grey. B. C. 6
2,000 "Point Grey, B. C 6
8.000 "Point Grey. B. C 6
3.000 "Point Grey. B. C 6
8.000 "Point Grey. B. C. 6
24.000 "Regina, City of
12,000 "SL Boniface, City of. 6
Denotes bonds of $1000 denomination, i tDcnotea bonds of
$486.66. t Denotes bonds of $500 denomination,
PRICE: TO NET 7V2
r-
" .'-'. . .- - r-
Barglar aad Fireproof Safe Te petit Boxes for Hat
Opea Uatil P. M. ob 8atardax$
MORRIS BROTHERS, Inc.
. Tha Preatler Xaalelpal Bead Heate CaplUI Ob JHUHob SaUara, f;
' Kerrfa Batldlag, $69-1 1 Stark Street, Bet.. Fifth aad Sixth.
TELEPHO-EI BHOABWAT SUI . E$UU$ke Qver Qiartar Ceatsrjr
T
RADERS ADVISED
TO GO EASY IN THE
NEXT FEW DAYS
By Broadan Wall
New York. March 81. With the
exception of Crucible and Stuta,
both of which established new high
records, the stock market was quiet
Tuesday. In the morning there
was an upward movement all along;
the line led by U. fs Steel. Money
opened at 8 per cent ind did not go
above 10 per cent. Bat Friday be
ing: a holiday and Thursday being;
the first of April, a big money mar
ket Is expected on Thursday, for
stock exchange loans, made then
will carry over till Monday. For this
reason brokers were advising cus
tomers to be conservative in their
trading.
A feature of the day was the re
newed weakness in francs. This weak
ness is due to apprehension regarding
the political situation abroad more than
to any trade reasons. The shipment of
gold from London to New York, so far
as publicly announced, haa probably
been discounted by the exchange mar
ket. Little further strength is expected
In that direction until the secret hoard
held in Ottawa is transferred to New
York. France is arming again and the
outlook for big business' between that
country and America is not particularly
bright just now. Js-
STUTZ STOCK 8TR050
Stutz rose 41 points to the new high
record of 370. Nearly every transaction
was for a single hundred shares. The
stock crossed General Motors when It
sold at 370. but General Motors Imme
diately advanced 9 points, putting Stutz
in a second place again.
At 264 Crucible made an absolute high
record. The earnings are said to be suf
ficient to justify that price, regardless
of any short interest that may exlsL
Buying of the copper stocks has been
unusually good for the past two weeks.
but the best of it seems to be In Utah
copper. The sales of copper metal for
foreign accouht are understood to ba
principally for the use of the French in
their new campaign of armament. This
rearming of France is not a mere garn
ering together of materials left over
from the great war, but it is a complete
reorganization of the whole French mil
itary system in the light of recent war
experiences. The most modern equip
ment of every kind will be used.
AMERICA EXPRESS GAINS
American Express was conspicuous
for its strength. The stock was up more
than 12 points. It is now more than 60
points above its low level. Cuban
American Sugar was another star per
former, with an advance of 15 points
on the report that the crop in Cuba
would not be up to expectation.
Western Union's annual report showed
earnings of J13.ll in 1919 against 11.64
the previous year. The American Tele
phone stockholders approved the propo
slon to increase the capital from $500,
000,000 to $750,000,000.
POTATOES ALONG THE COAST
San Francisco asarket
Stn Francisco. Mtrch 8J (V. P.) Pota
toes River white, $8.5097.00; sweeta. 8
t (ebrjV'k'-
Onions Australian pruwo. .. i -Saattta
Mertct
Seattle. March 31. (I. N. 8.) Onions
Oregon, 6 H 97c lb. ..-.., .
Potatoes Takima Gems. $1409150; local.
$1159123 ton.
Los A node Market
1 Angeles. March 31. (I. N 8.) -Potatoes
New stock Stockton Burbanks, fancy.
$7.50(8 7.75; few low as $7.25; Idaho RuMeto.
i new stock, local. Early and White Boae. $J.OO.
New Vork Metal Market
. . k w v. i ,v K fl CViorter
I firm: spot, March and April 184 bid; May.
19 bid; June into am, i,n
Lead quiet; spot and March 84 bid; April
and May. 8 to bid. ......
Spelter firm; spot 850 bid; April, May. June
and July, 8H 9 8 ..
- t
Liverpool Cettoa Market
Liverpool. March 31. (I- N. S) Spots
opened quiet; prices, easier. Sales. 4000 bale.
American minauni "..''. '. .:,
Idling. $29.63: full middling. $28.83; middling,
! $27.63; low. $24.33; good ordinary, $21.13;
ordinary. $20.1 . -
Futures opened quiet.
Chicago Potato Market
Chicago. Mrch 81. (t N. S.) Potatoes
Receipt 42 cars. Minnesota and Dakota Ohio.
$3.95 9 6.05.
Minneapolis Flax Market
Minneapolis. March SI. (L K. S.) Flax
seed. No. 1. $4.78 9 4.81.
GOVERNMENT TAXATION
We are particularly fortu
nate to be able to offer in
vestors and clients these CA-
NAD1AN
MUNHJIPAL oonas
7y27o basis. These
upon
are all
general obligation
and are payable in
COIN of the United
gol6
States at the quarters of Mor
ris Brothers. Inc.. or in New
York,
Better and safer bonds are
not obtainable and. at the
prices at which they are of
fered, are very exceptional
investment opportunities.
1924
1926
1935
1934
1924
1926
1922
12S
1929
1930
1931
1932
1934
1936
1938
1932
1943
90.33
86.24
77.&1
78.71
95.08
97.36
96.34
84.72
83.44
82.23
81.14
80.11
78.27
76.68
75.31
96.03
72.54
.TAD
F4A
FsVA
Feb.
JAD
FftA
FAA
FAA
FAA
F&A
FAA
F4A
FAA
M&S
MAN
Credit Extensions
Are Advantage to
Business Channels
With the reserve ratio of the federal
reserve banks remaining about what it
has been for the several weeks past, and
the rates of money likewise showing no
extraordinary fluctuations, there Is lit
tle on the surface to Indicate the aerlous
effort which the tanks of the country
are making to restrain the tendency
toward further expansion of credit.
In a resume of the money market nlt
uatlon tbe Guaranty Trust company tof
New York states;
"Reports from interior cities show
that the effects of the credit restrictions
initiated In the financial centers are be
ing telt. At the very least the available
supply of credit is being directed into
the more productive and well established
channels, a distinct gain for the sub
stantial business of the country. Ex
tension of credit for foreign business
continues to be confined bythe banks to
their own customers and little progress
has been made toward establishing cred
its here on behalf of Europe. The ex
changes have moved upward since the
official announcement that England and
France had agreed not to renew the
Anglo-French loan and were taking
steps to pay It when due neat October."
Money and Exrhange
New Tork. March 81. (I. N. S.) Call
money on the floor of the New Tork Stock
Exchange today ruled t 8 per cent: hiah. 12
per cent; low, 8 per cent.
T,lme money was firm. Rate were 8 to
9 per cent.
The. market for prime mercantile paper w
strong.
Call money in London today was 4 to per
cent
Sterling Exchange was strong, with business
in bsnkers' bills at 388 for demand.
Sew York to Close
New Tork. March 31. (I. N. 8.) The gov
erning committee of the New Tork Stock Ex
change thit afternoon voted to grant the peti
tion of the member to close the eichange on
Easter Saturday. April 3. This mean that
there will be no session of the stock exchange
after the closa Thursday, April I, until Moad
April 6.
Liberty Bond ale
(Famished by Overbeck A Cooke Co.)
Open. I'loae.
Liberty. Second 4s 8948 8948
Liberty. First 4tos 9 oh 2 9082
Liberty, Second 4 tot 8982 8982
Liberty. Third 4tos 0208 B2B8
Uverty. Fourth 4toa S080 KO
i .Victory. 4 94s 97S0 97BO
Victory. 3 9750 9750
HIGH
Canadian
Going
Bargain prices for Canadian provincial
and municipal bonds are panning and
when the bonds on the market are now
disposed of there will be no further op
portunity for the exceptional investments
of this type' for Investors In the United
States, according to W. E. Young and
H. A. Ross, representing A. .E. Ames A
Co., one of the large municipal banking
Investment concerns In Canada, who
were Portland visitors last week. Both
have traveled extensively In the dominion
and declare that the market in Canada
has tightened perceptibly, and that the
provinces and municipalities do not ex
pect to issue any more bonds within the
nei'.r future. Mr. Young explained that
the value of the -Canadian dollar hud in
creased in this country, and this In Itself
would mean that It would be Impossible
to buy high-grade municipals at heavy
discount prices.
TFrom The Oregonian, March 28.)
GUARANTEED
GREATER VANCOUVER
SEWER DIST. 5
3 years, general obligation of dis
trict, which includes Vancouver,
South Vancouver, Burnaby and
Point Grey. Further secured by
-bonds guaranteed by Province of
B.C.
Price 94.03, to yield
DOMINION OF CANADA
GUARANTEEING CANADIAN
NORTHERN RY.
5y2$. Price to yield
CANADIAN NORTHERN
RY. EQUIPMENT 6
Serials, 1925-27. To yield. . .
Int. and Principal Payable in U. S. Gold Coin ;
umbermerNS
Bonds - Trut
tragi wi v aiierpsas
lf.eVd, -
UXBER 8CPEHVI8IOK BAHKIHO BEPT, STATE OP. O&EGOBT
Ajthur Berridge & CompaLnyH.
Certified Public Accountant $ and Auditore ' 1
) 619 WorcattcY Block. Mtia $121
CAN YOU ANSWER THESE: "
Am I rosint; mony In my department? ' .
How many cents net profit do 1 make on crery dollar of aU .
Is my overhead figured accurately la my costs
What does It cost me to, do bu$ines$? ; '
How much Income tax iff 1 havf to pay? -, , :,
We $pecializ on Monthly Audit$
HALL & COMPANY
Bay and Sail U. 3. GvymmtmuX. Ferwifyj Cowarymiant A.
RaUratL Pokli UlUity. iadaatriaL Municipal , '
BONDS : vj.
' ,r Quetatloas Upea Raquast
: Lavwia BMge. Portia twl. Or. . . r. ,TaUpli4 Mar Wall 6SS
Only Two Rational'.;
Banks Show Gains
In Total Deposits
Thirty-nine national banka In the Unit
ed States showed gross deposits exceed
ing 50,000,000 on February i, ths date
. C Ik. 1 .. t ..II . . . . ;
.... ui ins cumpirwuer ox
the currency. Only two showed an ln-:
crease in total deposits since the prtkaaa
vlous call. December 31. 1919, tha Con
tinental and Commercial of Chicago and
the National Shawmut of Boston.
The general decrease in dennnlt ta- at.
tribute! to the fact that the call came
n a Saturday, which 16 always a day
millions of dollars short in bank clear-.
ings. and to the, great withdrawal of
the United " -.v-mment deposit,
h had been going on for weeks. -
In Inillviit. .. ... .i. ih. v i.
... ...... .. .--, ..vfn.o.ia ift.tr . ,
tlonal City bunk heads the Hat withe an
aggregate of $706,199,634. The Chase
National of New York is second with
$371,019. and the National Bank of Com
merce Is third with $343,014,000.
FOREIGN EXCHANGE RATES
Corrected daily by frreign department of the
United State National bank. : r .
Ouenina nominal r.t f . .r h... . n .t .
Drsfts Cable Pgr ,
cheques, transfer. rate. a
London Pounds ,
sterling $ 3 86 $ 8.87 $ 4.86.65
Parts Francs .. 15.06 1B.03 5.18.26
Hamburg-Berlin
Marks 1.40 1.42 38.62
Genoa Lire .. 20.72 20.70 6.18.20
Copenhagen
Krone 18.40 18.68 S6 80
ChrisUania
Kroner .... 16.40 19.06 24.85 ,
Stockholm
Kroner 21. T5 21.00 26.80
Hongkong Local
currency .... 07.76 98.23
lokohame
en 48.60 48.76 48.84
PACIFIC COAST BANK STATEMENT
Portland Bank
Clearance: ThiaWeek. Tear Ago.
Monday $ 5. 774. HUH. 44 $ 6,076,637.28
Tuesday 0.319,936.48 6,898,777.77
Wednesday .. 6,005,081.13 4,871.084.77
Spokane Banks
Clearings Wednesday $ 1,63426.00
Balances Wednesday 601.028.00
aeattl Bank
i Clearing Wertne.dy $7,668,870.0$
Balance Wednesday 2,847,081.01
San Franc I so Banks
Clearing Wednesday $$0,B$S.334.0
Le Angeles Banks
m.. ...... rn.ui.. $10. 327. 312. 06
YIELD
Issues Are
Rapidly
THREE
SPLENDID
BONDS
YIELDS TO
X
7H
7
7
rust (To.
- Acptarvcn
Oreon.
725
II iiiiiiitiiiii
L .