15
FARMER; GETS $22.88 FOR THREE
' " - - - z. - - j .
OF POTATOES HERE WSJ Si
CHEAP MONEY OFFERED FREELY
Edited by
III I. Hessian
THE OREGON ' DAILY JOURNAL, PO RTLAND, -TUESDAY, APRIL 6. 1S20.
SACKS
SHOWS WEAKNESS
Market for eggs U under severe depres
sion (or the day. There appears to be
, practically no desire on the part of the
big operators to take on additional sup-
t plies, and in general the market has a
!. jifeless appearance.
Bio tor at this time sr mostly of a
, eosumal netura. bom of Ui smaller ufierator
wore talklne of S4e fu current receipt for tlx
- dv. but the Slater tturlnc Interest, were out
. olrln abut 86c. and vara really willing to
lot the pther follow have ttxn at that.
' On tha surface, it begin tu look aa if tha
' tornbe of The Journal last week to the effort
the prteee would at Uiat tkm be boosted ea
tress! high, and then the market would be
Vowed to lapao Into idleness and a sharp break
la pncoa forced.
' There It so doobt that with lncra!ng rop
plioa and wtt ath output far above a cousum-
In bau at the monient, that egg will mil at
whatever vtiom the atorage iutarsaU care to
offer.
Thoae demiring special information regarding
n market should write the market editor,
(n-oa Journal, enckauus tamp lor reply.
BUTTER TRADE 18 RATHFR SLOW
Trade in the butter market la rather alow
here with talk of further shading of values,
f although local creameries continue to talk of
fonser price being generally maintained.
1 OREOOX SPINACH GRABS TRADE
Home grown spinach ia now arriving in each
f abundance and h of tuch eitrtmeljr guod quality
. that it ha driven the lest of Uie invading
. aupvliea from the borne territory. Bale are
, being made around 11.30 per box.
1.0CAL BROCCOLI IS NOW SF.Ll,I!tO
, ' Bollam Y Co. report In tint arrivals of
y broccoli- from tlie home territory. The offer
... lag emc fma Oswrgo. and while mixed aa
' to at showed extremely good quality. Better
aia art existed within a few day.
0JTIO5 STOCKS ARE EXHAUSTED
No onions of flret clans quality remain in
carload lola, unsold In growers' hands in this
section accordij-g to the trade. Sales of small
I Iota are shown ground 18 country points.
CHICKED MARKET HOI.DI.VG FIRM
Market for chickens continues to hold firm
here with prices on a nominal basis because of
the lack of general offering. Receipts liars
been so scant of lata that prices ars not firmly
established.
BRIEF OTES OF PRODUCE TRADE
Veal market continues with heary supplies.
Country killed bogs firmer and higher.
Apple trade ia again congested wltb offer
ings. Cheese trad slightly easier at unchanged
prices.
Mohair and wool markets continue uulet at
anc hanged prices.
WEATHER SOTICK FOR SHIPPERS
-"weather nunssa ad rises: rroiect Jiiimeiiis
-faring tne next, Ho hours agsinal tne following
-minimum tsmueratursa: Uuuig north, 40 de
gree.; northeast uv.r 8. P. A H. it. It.. 3
degrees: east to tiaker, 2H drgmes, and soutli
to Ashland, , 8S degrsea. Minimum temperature
at fortland tumorruw about 40 degree.
WHOLXSALJb PR1CIS IS PORTLAND
These are trices retailers psy wholesalers
except a otherwise noted:
Dairy ProeieeU
BDTTER Selling price, box lota: Creamery,
prime parchment wrapped, Sae per lb.; prune
firsts, etc lb.Mirsts, ttu&61c per lb.; smaller
lota at an advance. Jobbing prices: Cube
extra, 51) w 60c lb, ; prime firsts, jUc lb.
BUTTUia'AT'oPorUaad dellrery buu, 84 14
'C0c; (HMintry stations. U2U'Ac.
t uUtoMAMGAHlNh. Best brands. 40c; or
dinary, aasc; bakers. Sao; Mulmerganne. X
JO. carttms, 82e lb.
goo, laacy cream tripleu, soWditc lb.; touug
' Ameriisa, 37(gHSr. i'rues to jobbers, f. o. b.
Tillamuok tnpliLita, 8Uc; Voung America, 83u.
. Helling price: H'reau, bricks. 40(gtUc. Helling
price: hl'Kk Swiss, 4H'4c; limburger, 40 s
.-42a per lb.
Kl.liS Hujrlng prices: Current receipts, 35c;
4 candled, selUna vriro. sc; select. 4(c
LIVK l'Ul.'LifllY helling price: Heary hens,
tHig'itlu; IliNit hens, U0-o7c; spring liuht,
S5ev40c lb.; heavy. Hie; old roosters, 20c lb.;
, aauaba. 18.00, dressed duck., SSsaiUc lb.;
Diaeoim. il.60 per doavn; luiae)., Urt,
' a.(3rtc lb.; dressed, 4750c ptr lb., diensed
' setMe. - aue7 ttv
-Seesfc Veeetables and rrult
FRESH tltt'IT trsiigt. 4 uouv7.00 per
boa; bananas. 10 H & 1 tc lb.; leunms. 18.50
WS.60 per crate; k'loruia grapetrun. (i.0Uis
7.5U; Calilorula, $3.50 (e? 4.00.
Al'fLi.a Various varieties, local. JloO
8.60.
UKIED TRV11 Dates, Dromedaries. 17.60;
. Kara, $4.25 per box; raisins, crown loone
Muscatel, lee per lb.; figs, 18.60(5.50 box.
UNIONS Selling price to retailers. Oregon,
88.50 e 7. OO per cwu; aasucistion selling price,
carload, 88.U0, f. o. b. counuy; garlic, oOc per
lb. i green ouion. 40o par duxen luucUes; wuluu
ssU. 17 10 per lb
OT A roliti Selling price. Oregon, fancy.
gT ou n.ihi . lirai. I7.."0 cwu; buying
prime, $6.00 0 0.60 cwu; sweeU. SVsC per lb.
tuUt. 1 Atf ia 'l uruip.". 88. 6o per acs;
carrots, 81.76 per sack; beet. X4.J0; cabbage,
California, iti w tlc: leituce. ta.0e3.:5 crste;
cucumberi, 1.00 1? 3. oO doaeu; touiste.4, aj.50
( 4.W0; egg plant, S5c lb.; caulifloner, $1.75
eyS.75; bell peppera, 50c, sprouU, 17c lb.;
parsnip. 18. 50 per sack; rutabagas, 13.50 &
8.75 cwt; celery. 12.00 dozen; peas. ltVn
He lb.; artichokes. 81.40(01.50 doaen; aspara
gus. 15 17c lb.
Maata and Provisions
COTJNTKT MkiATa SeUlng price: Country
hog. ilf'Jie lb. for top blockers; heavy, Ua
loo; beat faai 4(tfa4tio; heavy vaal, 17(9)
18c per lb.
SMOKtD MEATS Ham, 29 SOo per lb.:
1 breaklaat bacon, SttdMiio; picnios, 24 25c;
J cottage roll, 8,2c per lb.
, LAKD Kettle rendered, 27 He lb.; suudard,
' 35 He; tierce basis compound. AiUo.
Sisb and Shellfish
FRESH FISH Haluiun. lreU Cbinuok, SOc;
' frosen salmon, 12 H (90c per lb.; uahbut, fresh,
( ); slurgson. ( ); black cod, 10 11c lb.;
silver amen, 10c lb,; kippered aaimon. X2.U5
par 10-lb. basket; kippered cod, 82.85; Co
lumbia smelt, 82.00 & 2.25 per box; raaor elauu.
4.60 per box.
Groceries
' SIX1AB Nominal prices, refinery basis
Cube, 517.80; powderod, 817 55; fruit and
berry, 817.85; yellow, 810.40; gramilsteu.
. I17.B5; extra C, 16.I0; gulden C, 1.60.
HONEY New, 87.50 W8.U0 per case.
UlCa. Japan style, ho. 1, 14 He; New
OiVana head. ( ) ; Blue Hose. 15 e per lb.
bAiT Coarse, .half ground. 10u. 517.26
.per ton; 60a, lit 75; table dairy, 60s.' 327.26;
bales, 83.iiO( 4 00. lancy table and dairy,
48.60; lump rock, 828.60 per ton.
UKA.Ntt one son (xaiea by jobbers) : 1-adjr
Waabiogtvn, i i 8c per lb. ; piua, be ; luuas,
15c;. bayou, 10 He; Oregon beaus, buying price,
nominal, 5 H e per lb.
CAN Mull MUCK Carnation, $0.83; Bordr u.
5.75; AUr, 66.75; fcaU. $11.23; Libby.
- b.bl; Mount Vernon, 85.16: UaaetMuud. to.JJ
Per case.
, utK Boasted, 3751e In awka or
drum.
ov.tA CRACKERS In bulk. 17 He per lb.
M'TS Walnuts. 3540e per lb.; almocMla,
88c; tilberts. $2e in ack lots; peanuu, 16 e
- lc; pecans, 2$c: Ittatiis. SOc.
' DAIRY PRODl'CE OK THE CtlAST
Sen Franclsce Markata.
Man $aih'4co, April 6. iu t'.) Butter
KxHtN 6 He; prima first. 57c,
til katrtt. 4V,c: lirsts. 40c; eitr pul-
- lew, SSVkc; undsrvixed pullets, 84o.
Cheese California flats, fancy, 80 14 o ; firsts,
2c -
Seas tie Market
Seattle, Wash.. April S. (L:. P.) BuUer
Cubes, B2r; boicki. 8c.
Kgs--S'eh ranch. 3U4lc.
Ciissse Tnplers, 28 e 80c.
U4w uilli-r-tjiicliiiiged.
Los Ansel Market
1.0 Angclea,! April 0. (1, S. 8.J Butter
California ureaavry extrst, 35c.
taa Freli eitn, -40c; can count, 3o:
pullet. 87e; peowec pullet-, 2'Jc
Poultry- L'ucH-
" ' ,.'if -...i-- e.
5 .' Sterlln, .... : .,Nber
Jeitefk, AprtJ tf. p.) -Demand ter
5irg e tha foreign wxehaRge market opened to
oay at 64-OS H up 3e from Monday' cruee.
.- attacks, Beafls, Csttea, Or!, Ktg.
't MH Botvrt ! Tr4s BalUlag.
eCo.
DIRECT PRIVATE WIRES
TO ALL. EXCHANGES
:- :: 7r.' . . ' i - v - ' ! !-- f
v Ueasber L'hlrageBar ef Tvase
terre'Rondeau
OverbecL&Cook
st isvfa.; Brjras)
; lark
MA1UCE.T
BASKET
By Rxu H. Coe
. While everyone here knows that sugar
Is very high prices along the Pacific
ooaet and that the consumer here is to
day paying record -values for sweetening, !
this section is quite well on wnen tne
condition of the East is considered.
The prices -paid for sugar here are
guaged absolutely by what the refiners
charge, there being practically no specu
lation shown in this entire territory.
In the East, It Is charged, the refiners
arc not keeping down the expense of
handling as well as on the Pacific coast
J There, it i sstated. a very Urge per cent
of the sugar Is going from the renners
to apeculatlve interests.
This Is called Toll" sugar by the
trade, this being the first time that such
a term has been utilized and generally
speaking It has completely submerged
the former method of quoting refinery
basis. The word "toll" is rightly used
because the consumer and dealer alike
are forced to pay a fee to those who
are purely speculators and have no place
at all in the distributing system.
The following prioe are) average onea that
consumers are expected to pay retail stores. Qual
ity noted is the average, fancy stuff being slightly
hitflit-r and Inferior stuff fractionally lower.
Kggs Kreah laid, tec per doaen; faacy (rash,
fOr pi-r doKen.
(Iirase Fancy. 4 0 8 4 5o per lb.
Chickens Dreised, 50c per lb.; geese, dressed.
45c rr lb.; turkeys, 55 56c lb.; ducks, SOo
pr lb
Salmon 2SA43e per lb.; halibut. 2Se lb.
Kli ur Beat local patent. 13 45 0 3.50 par
asrk-' 4f lbs.
I-nutoes Burbsnk. fancy 10o lb.
X0"12c per lb.
Onion Dried, 80S He per lb.
sweets.
Specul
ators
Seek
To Boost Prices
On Grain Sacks
NORTHWEST GRAIN
RftCETPTS
Csrs-
Wheat. Barley. Floor Oats. Hay.
Portland, Tuesday 21 ... . 8 . . . 5
Year ago 8 . . . . T 1 2
8ason to date.. 7BM7 17$ 8470 428 18B
Xsar ago .... 9806, USB 2238 022 2B2ft
Tacoma, Monday. 28 . . . . 28
Tear ago 81 12
Season to date.. 8288 77 2763 188 78S
Year ago .... 6040 32 .... 148 1125
Seattle, monday.. 7 .... IS
Tear ago . . . 8 2 ... 18
Season to date.. 5431 284 711 884 1838
Year ago 5091 71 1088 821 2808
SpeculaMve interest is keen In the
market for grain bags at this time. Much
of the keenness Is believed to be due
to the uncertain situation which has
cauned the general trade to- fear to
operate on any extensive scale.
Biwculatlve grain beg interest are trying to
oreete artificial strength In the situation along
the Pacific coast today, but are meeting with
little or no success from the growers' end of
the game.
Market for Tour continues to strengthen and
the demand for wheat is more active.
FLOVR Helling price, new crop: Patent
valley. $10.05; locsl straight, 10.60; bakers'
local, $18.15; Montana spring wneat, patent,
$18.75; rye flour. $10.10; oatmeal, $13 00;
graham, $11.80. Prices for city deliveries in
five-bsrrel lota.
HAY Buying price, new crop: Willamette
timothy, fancy. $28.00; vetch, $30.00; chest,
$17.00(20.00; straw, $10.00; clover. $29.00;
grain, $28.00: alfalfs, $32.00 a ton.
UHA1N SACKS Nominal: New crop delivery
No. 1 Calcutta. 17 0 18a in car lota; less
amount hiulw-r.
M tl .T.STl'FFS Mill run at mills, sacked. $40.
" OAT8 Per ton. b'lyirig price: Feed. $83.00
3.50: milling, $86.00.
BARLEY Buying price: $70; milling-.
72 50; rolled barley, selling price, 73.000
75.00 ton.
COTTON t:CERTAIN AT THE
START. THES BHOWH LOSS
New York, April 6. (I. N. S.) The cot
ton market reflected uncertainty of Weather con
ditions in, the smith at the opening today, first
prices being 3 point lowtr to 7 point higher.
According to privateWadvice temperatures in the
Atlantica were 80 to 35 last night, but mod
erating conditions were noted in the Southwest
and this led to ronsidersblo realizing here, the
trade taking the offerings. Selling by the South
aim emphasised tha Idea that the weather waa
improving. Wall street was on both aide of
tha market and Liverpool bought new crape.
At the end of the first 15 minute the mar
ket wa easier and about IS point under last
night's close.
In the last hour the market developed re
newed strength on local covering and buying by
com mission house. Price shot up rapidly to
ward the close on report from Washington that
the secretary of agriculture waa urging the pro
hibition of cotton growing in the pink boll worm
inferted district of Teias and Louisiana.
The close was (inn at a net advance of 9 to
48 TKilnts.
Month.
January . .
March . . .
May
July
October - .
December
Open.
. .. 3346
. .. 3303
... 4018
. 8782
. . . 8472
. .. 8408
Hish.
3403
3348
4039
8823
3580
8443
Close.
85MS
8343
4030
8807
8505
8438
3310
3200
8981
8787
3436
8370
SPRING SOWINO II HALTED
BT SXOWS'AT BAKER
. Baker. Anvil 8. Spring sowing baa been halt
ad in Baker county by the heavy snow of the
last week, hut fall sown grain is reported to be
in better condition now than for many year.
April lambing has begun, and if Uie record
this month eejuals that of February and March,
the slieepmon say, they will enjoy a banner year.
Fscti-AUy all ewes had lambed st a, rater higher
than 10 per cent at the beginning of the last
snow storm. Result are not expected to be no
good during the early part of the April lambing
seajon.
Merchant Exchange bids:
April May
8650 6000
0350 8430
feed oats
'corn
BARLEY
Xo bids
No. S white .
No. i yellow
Eastern grain
in bulk:
OATS
36 lb. Clipped S000
38 lb. Clipped 8180
CORN
No. 3 yellow 8300
6100
6160
6500
POTATOES
ALONG
THE COAST
San F rand as Market
Ssa Fiarx-isco, April 6. (t P.) Potatoes
River white. $7.25e7.75; sweet. 614
He.
Ouion Australian brown. $5.75 6.00.
Seattle Market
Seattle. April 6. (1. N. 8.) Onions Ore
gon. H 7c lb.
Potatoes Yakima Gems. $160; local, $150
per ton.
La A nodes Market
Los Angeles. April 6. (L N. 8.) Potatoes
Stockton Burbanks, fancy end special brands,
$7.75 R.'-'S; choice. $7.60; Idho Russet,
fancy. $7.75(25; other. $7. 60; nirati,
$7.25 : local stock, tax boxes. $8.00 8.23:
new stock, local Karly and WbiU Rosa. 33.86
4.00 lug.
R room hall Crop Cable
rnitcd Kingdom Rains have fallen ever a
wide area. The agriculture season ia now prac
tically one month ahead of normal, due to the
very mild wealher which ha prevailed; but,
owinf to the rainy and warm weather, the winter
wheat crop in come sections is spotted. The
sowings of spring wheat o far have been very
small.
France Weather In thi grower ha now
tnrned fine after rather heavy rain, which were
distributed over a fairly wide area. Tha ap
pearance of the growing wheat erop eaa be con
sidered good and all rropa in general era now
doing well. Spring sowing of grain have been
making satisfactory pvaarea. and the outlook for
as resented optimistically.
YAKIMA HAT CROP IS
FBACTTCALLT CLEANED TJF
Taktma, April S- The valley nay erop as
practically cleaned up. It i all put ef the hands
w u u. except iw a raw nunarea
tons at Wst'sto and a little at Toppenish. it baa
roitru m marsec vruotatums yestensay
were 26.00 27 00 a ton. Owing to early
grazina. Souud dairyman bav need urm of Taktma
. lay than uauai the rt winUr. bat Idaho end !
' Montana have made ui the demand, net only for:
aliinment Ynt Htnrlrmi li llm. m,im I
wintered abawt SO earioad of cattle in Mm valley,
I Price
- vu n"Mi iur uie smwucbi
have been Itekl 6t Ul sad UtUr giaus I
V WlH ' U U INIIV
J UlllLHUIII IIULUU
I -
Ill STOCK. M
New York, April -!. M. .) The stock
market closed Strang today. Tew ard tne dee
there was a sflflM reaction an some profit-taking.
The oooper Issue ware aromlnant. Anaconda
sdvanclna saint t St', wfth a reaction to
SH at the clese. tssMng of from 1 t t point
made In the ether popper share. Stude
reae aver 7 pelnu te lit1, but uf
s etbeofc te 111. Steel com men rate 1 V
te 104. Oruclbla Steel we In supply, falling
paint from the high te t71. Reaction ef
abeut 1 point from the beet ware auffered In the
en snare. Nmerleaa Woolen we In demand,
advancing S 'A t 138 V . Southern Pacific was
finally SSH) Utah, 784; Mexican Petroleum,
187 Vjt International Paper, 88 '.I etencraJ
Motors, SS0. and Corn Product. 8t)V.
Severn menl bend, unchanged; railroad and"
ethae bend, strong.
Total sale ef stacks today were 1,228.100
i bone. $1280.000.
New York. April .I. N. S.) Under
the influence of yesterday's late strength,
the stock market again moved forward
at the opening today, making advances
of from fractions to over six points.
Crucible featured the trading, gaining
6 points to a new high record of 277.
Baldwin Locomotive advanced ZK to
137. Steel common rose 4 to lft4, and
Republic Steel waa over one point higher
at 108.
Studebaker oontinned In good demand, ad
vancing 1 te 111 "4. Kryvtone Tire rose 1
to 39 , and Chandler Motors was 2 4 higher
at 16014. General Motors, however, yielded one
point to 3844.
-Mexican Petroleum, after yielding to 188,
rose to 10714. Pan-American Petroleum ad
vanced 1 H to 102, and Texas Co. 1 to 207 . .
Columbus Ua was prominent, advaucing 1
to 64 V. while U. 8. Rubber rose nearly one
point to 1 1 lit .
The market maintained a strong tone through
out the forenoon, with nearly all the active Issue
making good gains.
Steel common advanced to 105: Republe Steel,
over two point to 1011 ft , and Baldwin, 4 to
180. Pan-American Petroleum rose 8 points
to 10$ H, while Sinclair rne one point to 48.
United State Rubber advanced 1H U 112, and
United States Industrial Alcohol, 1 H to tto.
Pierce-Arrow made a gain of one point to 70 to,
and Studebaker over two points to 111 H.
Heavy buying of steel stocks featured the
dealings. Hteel common advanced to 104 .
a gain of 2 . Republic Steel waa 1 higher
at 1104. and Betlehem Steel B advanced 2H
l tsli. Baldwin was 5 H higher at 140 H.
United States Rubber rose 8 points to 1 13 H .
Corn products gained 2H to 100 H . and
Anaoonda map 2 to 65 W. Pierce-Arrow
advanced to 71 H. Pan-American Petroleum
showed an upturn of S point to 103 Vs.
Funuehed by Ovtrbeek A Cook Co.. Board
ef Trade building:
I'KWCmi'TIOM:
Orwn I Hiab I Low I Close
A Mis Chalmers . . .
Am. Beet Sugar . . . 1
Am. Can, r I
46H 48H 45S) 45"
81 HI 92 H 91 HI 92 H
481 40 H 48tt 4S
143 1143 J 1142 H 1144 H
49 49 ( 4S 48
27 29H 27 27
101 il02H(101 101
87 H I 8 86 la 87 "4
103Su ,105 V (103 ,104 -4
23 1 24 23 23
68 H 70 684! 70
Am. Car Fdry. -. .
Am. Cotton Oil . .
Am. Hide A L., c.
Am. Intl. Corp. . .
Am. Linseed, c. . .
Am. Locomotive, c.
Am. Ship A Corn
Am. Smelter, c. . .
Am. Steel Fdy.
47 48 47 I 47V
. . . . t
fob!.'
Am. Sugar, c
134 134 1182 1132 H
Am. Sumatra Too.
9HH100H( 98H 99
97 I 97 H 06 HI 97
!60 1260 1260 1262
Am. TeL A TeL
Am. Tobacco
Am. Tob. Securities.
Am. . Woolen, a
Am. Zinc
Anaconda Min. Co.
AtchiM)n, c
Baldwin Loco., c. ..
B. A C, e
Bethlehem Steel B.
67H 674 67 67H
1 1 a V 1 1 3 7 1133 136
1 20 J 20 lv'il 1UH
1 68 H 66 H Urf -m 65
82 Vi 83 1 82 HI 82 ?
136 ll40H135Iail;t
33 84 i
34 H
90 I OH Utt
97 14
120 "i
15
Bosch Msgneto.
, .1122
122H.1:
0U
Brooklyn R. T.
1 I
15 H
I 1
Butte & Sup.
Canadian Pac.
1 28 28H 27 H 28
124 14 124H 124 Vi 124
Central Leather c. . I HI
SHI 87 88
56 14 1 56 5H
9 84 84
38 8H 87 '4
194 184
37 H 36 14 37 V
40 H 39 1, 40
90 80 H I 89
100 98 nil i
i.nes. & uiiio i o H
CUi. Gt West., c. .) 8
Chi . Mil. A St. P.l 8
r-.:i . , f . n 7
v huh (pirr ....
Chino Copper . . . .
Colo. Fuel A Iron.
Consol. Gas
Corn Products, c .
Crucible Stl. c . .
Erie, common . . .'.
Ceneral Cigars
General Klrctric . .
General Moturs . . .
Cranhy Cons. . . . .
til. Northern Ore. .
Gt. Northern Ry . .
Greene Can an es . .
Gulf SUte Steel. .
Industrial Alcohol . .
Inspiration Copper.
International Paper.
184
86 H
40
8 '
27 5
277 270 ,270 H
14
I 13 'a ia 't
- . C8V,
137H .137H157Hl.'7Vi
383 1886
380
380
48 Vs I 48 4
89 81
78HI 79H
35 H 37
69 1 69 H
94 98 H
5H1 6114
83 H 86 H
131 134H
36H 87
28 24
17 H 17 4
31 H I 33 H
39 la 42 W
78SI 79
48
38HI
78HI
35 H
48
89
79
86 H
69
95 14
01 14
85 H
184
86 14
23 :4
17 V
33
69
94 H
59 H
83 H
131
86H
23
17
31 H
3H
Intcmatl Harvester!
Int. Mer. Marine, c.
Int. Nickel
Kas. Cty. South., c.
Kennecott Copper . .
Keystone Tire . . . .
Lackawanna Steel . .
Lehigh Valley
Maxwell Motors, c. .
Mexican Petroleum..
Miami Copper . . . .
Midvale Steel
Mo. Pacific, c
National Enamel . .
National I-ead . .
Nevada Cona.
New Haven
N. Y. Air Brake. . .
N. T. Central
Norfolk A Western. .
Northern Pacific . . .
Pacific Mail
Tan-Amur. Pet., c .
Pennsylvania Ry. . .
Peoples Gai
80 14
7914
44
84 14
78 141
I
I I
I I. . .
-I
198 !1894le 17
3 HI 24 Hi 23 HI 24
46H
27
77 H
88 14
14 Va
88
4714
28
77H
89
16 H
38 H
1UH
73 H
47 H
274,
77
87
26 441
" I
87 !
14 H
I 32 H!
16
83
111
107 H
1107 H
73
72 14 1 73 H
95141
96
79 H
32
95 14 96
78 I 78 H
78
2
32 82
101
103HI101
I102H
I 42 1
I 37 V4
I 63
42V
42HI 424
nttsourg vioal, . .e.
Prad Steel Car, c.
63
102
63 14
103
124
20 H
63
102
119
19H
98 H
82 S
107 H
84 H
'98H
23
110
80 H
103
124
2014
99
83 H
Pullman
RayCona. Copper. .
Ry. Steel Springs. . .
Reading, c
R L A 8.. c
Rock Island, e . , . .
Shattuck Capper . .
Soullum Pacific .
Sou tiie rn Ry., e. ..
Studebaker, o
iihell Oil
L S. t S. F
Swift A Co
Tenc. Capper . . . .
Texas Pacific
Tobacco Product .
Tran. Oil
Cionn racifio. e. . .
V. S. Rubber, c. . . .
V. 8. Smelt A Ref.
V. S. Steel, c
Utah Coppper
Vanadium Steel . . . .
Vir. Chera., c...
V abash
Western Union . . . .
WesUnghousc Elec, .
Willys-Overland . . .
119
19
99
82H1
99
84
107 HjllOH
109 H
03 80
8314
11
99 H
23 H
99 H
28
100 H
28 H
110
112HI
111
82
2114
a a
22 14
121
81 H
22
121 .
12 H
44
72
25 14
120 V
11214
70 H
105 H
79H
71 14
76 H
8H
88 H
32 H
24 14
211
121
12H
42H
72
121
12H
42 V.
72
25 14
13
44 H
72 H
2544
25 14
121 4411191
111 H
70
104 H
77H
69 14
7814
8H
di"
24 4k
113 14
111 H
71 H
106 H
SOS
71 H
76H
SH
ii"
24 M
89
104 14
77 1
6914
75
8H
'52H
24 14
Total sales stocks, 1.125.200 share.
Total sales bonds, 812.539.000.
PACIFIC COAST BANK STATEMENT
PortlaiMl Bant
This Week
.$6,941,542.11
. 6.415.791.18
Clearings
Monday
Tuesday
Tear Ago.
5,345,513.86
4,092,667.59
Spokane
Bank
Clearing
Balance
Tuesday $ 1,768.687.00
Tuesday 391.526.00
Seattle Blank
Clearings Tuevday $ 6.570.21 6. 98
Balances Tuesday 1,536,757.59
Taeema Banks
Clearings Tuesday $ 1.097,865 76
Balances Tuesdsy 806,453.22
Saw Prwnclace (tanks
Clearing Tuesday $26,545,789.00
Lot Angela Bank
gearings Tuesday 112.984.566.00
FOREIGN EXCHANGE RATES
Corrected daily by foreign
United 6 la tea National baak.
department of toe
Ope mac nominal rates fur bank
London Pound
transactions.'
Drafts
Check.
sterHna ....84.08
Paris Franca. 14.61
CabU Par
transfers. rate.
4.09 e.ss.as
14.59 6.18.26
1S 23.82
20.S8 - $.18.20
18.96 26.80
20.15 . 38 85
23.88 -26.80
'. 8.2 ' -
Hamburg-Berlin
i.k
reJa-l'iri '
1.54
20.60
r,nha
Kr?,oT
r-, '
18.80
20.00
22.25
Kroner . . .
Storkboba
.. .
1 Hnkca--Lecal
currency BT.TS
VokXZZZL ' '
SELECTED STEERS
IN DEMAND HERE
PORTLAXD LIVESTOCK RUN
Ben.
Cattle. Calves. Sbeep.
Tuesday
Week ago
Two week ago. .
Four week ago. .
Tear age . . . . .
Two year ago. .
Three yean ago.
Four year ago..
39
767
30
1B0
225
233
102
ia . . ...
119
88
-non
87
280
54
82
4
7
13
43
137
Only two loads of livestock entered the
North Portland alleys for the Tuesday
trade, and general conditions were steady
and practically the same as Monday's
showing.
Sale of one load of extra good steers in the
North Portland alleys at a late hour Monday
afternoon at $11.90, reflected the somewhat
steadier tone in that line.
Killers appear tt be willing at the moment to
bid up for extra good stuff la tns steer division,
but It takes premium quality to awaken value.
General top for steers continues at $11.75. In
the cow and belter alley the trend of the trade
remains aggressively steady for tops.
Genera cattle range:
Best grain pulp steer. $11.00 11. 75
Choice steer 10.50 11.00
Good to choice iteers 9 50 10.50
Medium to good ftecn 8.75 9.75
Fsir to good steers 7.25 8.25
Common to fair ters 6.25 7.23
Choice cow and heifers 9.00 10.00
Good to choice oew and heifers 8.00(a) 9.00
Medium to good cows and heifers 6.50 49 7.50
Fair to medium cow and heifers 8.50 k 6.50
Canner 8.00 5.50
Bulls 6.00 8.0O
Best light calves 15.00 17.00
Medium calve 10.00 14.00
Heavy calve 7.0010.o0
Blockers and feeders 8.00 8.60
Swine Situation Oood
With only a nominal showing of supplies in
the swine alters for the Tuesday trade at North
Portland, conditions remained steady to firm,
with prices Inactive for the session. With Chi
cago quoting $16.50 for tops and this market
ranging up to $17. there does not appear to be
much indication of a further rise here, unlesa
the eaat rei-pond.
General hog range:
Prime mixed $16.5017.00
Mtdium mixed 16.00 18.50
Rough heavies 12.00 16.00
Pigu 13.00 ft 15.50
Ne Mutton I Available
,Vot a single hesd was available in the mutton
and Iamb section of the North Portland alleys for
Tuesday. Trade conditions are considered about
steady on spring lambs, and steady to strong on
mutton generally.
General sheep and lamb range:
East of mountain lambs $1 6.50 (S 1 7.50
Set of light valley lambs 15.25(3 16.50
Best heavy valley lambs 14.25 (a 15.25
Common to medium valley iambs 1 1.00 (a 1 5 50
Tearling 14.50 15.25
Monday Afternoon Sale
STESRS
No.
24. .
26. '.
18. .
27. .
15. .
18. .
21 . .
4. .
45. .
25. .
8. .
18. .
11 . .
25. .
12. .
24. .
6. .
23. .
4. .
4. .
18. .
Ave. lbs. Price.
. .1175 $11.00
No
Ave. lbs. Price.
. . . 1079 $10.75
10.
965
10 00
23.
8 .
27.
21.
18.
3.
25.
22.
1 1 .
25.
43.
10.
29.
12 .
26.
22.
23.
5 .
23.
. . 1 1073
. . . 107a
. . . 10U2
. . .1275
. . . 913
. . .1076
. . .1032
. .. 873
10.2
.1107
. 785
. 1304
. 950
. 950
.1003
. 920
. 1085
. 1030
. 1008
.1032
. 1342
.1150
.1006
.1001
. 776
. 830
. 845
. 802
. 821
. 070
.1010
.1195
. 960
. 966
. 138
. 130
. 2:io
. 3"i0
. 215
. 258
. 1070
. 750
.1463
. 14U0
.1096
.1355
. 740
.1490
. 910
. 765
. 725
. 912
. 987
11.00
9.00
11.50
9-75
10.23
11.23
S 60
1 1 50
11.33
9.75
11.00
11.75
11.50
10.60
11 00
9 50
10.50
9 50
9 50
10 30
11.50
11.50
9.25
10.30
10.60
9.31)
10.25
11.10
10.75
11.50
10.40
io eo
11.60
11.00
0.2S
9. l.t
10.50
. .1016
. .1170
. .1140
. . 978
. . 1045
. . 1006
. .1088
.1118
. . 875
. . 868
. . 850
CO
W8
I 8 25
7 00
7.00
9 25
7.75
.1018
. . 672
.1O60
. 746
. 950
. 660
. 380
. 112
. 200
. 298
. 195
1 7.P0
7.75
7 50
5.75
6.00
8.00
I 9.50
10.00
15.00
11.00
11.00
14 . .
16 .
23. .
5.
1. .
1. .
82. .
9. .
9.23
CALVES
$17.00
17.00
17 00
10.26
3 1.00
1 1 Ofb
BULLS'
$ 7 00
7 5
7 00
7 00
9 30
7.25
8.50
. . .1310
. . . 614
. . . 100
, . .1320
, . . 1870
. . . 1710
. . . 1930
7.75
6.75
6.50
7 00
7. Oil
7.50
8.00
14. . .
1 . . .
8. . .
1 . . .
1. . .
1...
1. . .
81. . .
4. . .
8...
15...
87. . .
86. . .
98. . .
2 . . .
69. . .
4 . . .
1 . . .
25. . .
23. . .
8. . .
1 . . .
8. . .
J. . .
1 . . .
1 . . ,
T.. . .
18. . .
1. . .
STAGS
8.00
9.00
.1040 $10.00
MIXED
7.35
6 50
10.00
. 505
.1142
, 975
. 935
9.0O
9 00
9.25
3.00
8 dO
HOGS
210 $17 00
195 16 50
It. .
294 $14 SO
97. .
10. .
1 . .
7. .
19. .
8. .
11..
86. .
40. .
6. .
1. .
3. .
13. .
12. .
17. .
14. .
!16 16.75
180 18.73
122
210
1 12
195
181
208
83
124
175
420
168
105
170
205
160
14 75
335 14.25
205 16.U5
267 14 65
890 14 60
220 1H 7.1
135 14.75
78 14 50
240 16 60
267 16.50
210 16.50
880 14 50
430 13 50
212 18 50
195 16 60
130 15.00
14.50
14. 5
18 60
16.60
16.75
14 50
14 50
16 35
13 00
16.50
16 50
16 50
16.75
16.25
Tuesday Mornings
HOGS
So.
1.
1 .
1.
1.
A. I-bs. Price.
. . SOO $15.00
.. 170 16.25
.. 300 14 00
.. 400 14.00
No. Av. Lbs.
Price.
$16 50
1 4.00
16.50
1
1
4
220
350
222
Chleas-o Dairy Prod are
Chicago, April 6. (I. N. 8.) Butter Re
ceipts, 7135 tubs; creamery, extra, 85 14 66V
first. 69 0 83 He; packing stock. 33 39c.
Egg Receipt. 25.29tf oaaee; ordinary rirst
37aSc: firsts. 41 14 ( 42c; checks, 35S 3Uc:
dirties. 37 38c.
ohT?ZTw1v' 28H 284,c; dabriea,
23HS30c; loung America. 294m.a30c
Longhorns. 31 31 14 c; brick. 28c.
Live poultry, turkeys. 40c: chickens 44e
JTTings, 40c; roosters. 22c; geese, 22c; ducks!
SoC.
Well Secured
B. F. Goodrich Company
5-year, 7 Convertible Notes
Price 98.25 to yield
Bell Telephone Company of Canada
5-year, 7 Bonds
Price 98 to yield
United Light & Railway Company
2-year, 7 Secured Gold Notes
Price 98 to yield
Blyth
Witter.
UNITED SEMES GCEJJfMfiltT MUNIOPAL ARD CCRPCflVOlOlf BONDS
a
YEON BUILDING, PORTLAND, OREGON
Tlcpbo Mai 3304 '
Saalraael.ee , Seattle Jfsw Yerk r Les Aagtles
POTATO
RECORD
AGAIN SMASHED
There appears to be no stoppage tor
the price of potatoes In the wholesale
trade, for along Front street-today fancy
local stock was betnp held aa high as f8
per cental, while for what Is ordinarily
called g;ood stock as high as f7.O0GT.25
was aalted. These are record figures
along tha wholesale way.
Purrhases ot potatoes Irons growers were shown
along Front street as huth as 86.60 oer cental.
delivered here, for extra fane stock. One firm
purchased seven tack, all the farmer had, at
$6.50 per cental, or $86.00 for the lot. while
another farmer with three sacks of tubers quickly
returned home with a check of $22 88 to bis
credit Such trxn-actlon at these indicate the
traits into which the potato trad here ha found
itaelf.
Some nurchase continue In the country around
$0.25 per cental for ordinarily good potatoes, bat
there are a doaen or so buyers for every sack
discovered in the countVy.
e
BULGE IX CORV GIVES
WAV TO LOSS LATER
Chicago. April 6. (I. N. 8.) Scattered
liquidation apd persistent selling by strong com
mission houses sent the entire grain list close
to the botUan in today s session of the Board
of Trade.
Losses from the hich spots of the dsy were
4 H for May corn. 4 14 for the July and 8 14
for September. At the finish May oats were
2 H 2 H c under their high mark ; July 2 m
2 H c under, and September 1 H 1 He below.
Pork finished at the bottom, but 5c higher
than yesterday: lard was close to the low and
averaged about the same as yesterday's close,
ind May ribs closed 7 He under Monday, with
July 5c lower.
The late wave of liquidation caught many
stop loss orders arid the approaching federsl
grand jury investigstion of a comer in corn
induced many scattered holders to let go.
Chicago, April 6. (I. N. 8.) Anticipa
tion of a big bulge caused May corn to open H
(tf 1 H c higher, but offerings soon swamped the
buyer and there was a sharp break just after
the start. July opened steady to He lower,
dropping when May broke. September started
H c lower.
There waa a wild scramble for May oat at
the opening, with prices steady to He higher.
September started 14 lc lower. The general
market eased after the opening.
Provisions got a strong tart with limited of
ferings. Buying was scattered.
Chicago' range, by T'nitcd Presa:
CORN
. Open. Hish.
$ 1 66 $1.87
1601 161
Low.
$1 62
1.6614
1.52
.89H
.82 H
Close.
$1.62 14
1.56 14
1.52 S
.90 H
.82 H
May
July
Sept.
Msy
July
May
July
Msy
July
1.56
1.56 14
OATH
.92 H
84 H
PORK
87.50
21.60
RIBS
19 00
10.50
.02
.88 H
37.60
21.50
19.00
19 45
37 40
2137
18.90
19.40
37 40
21.40
18 92
19 40
LARD
May
July
20.80 "20. 80 20.82
21.50 21.60 21 37
20 63
21.40
AMERICAN LIVESTOCK PRICES
Chicago Hoas $16.60
Chicago. April 6. 1 1. X. 8.) Hogs Re
ceipt 3500. steady to SOc lower, heavies declin
ing. Bulk. $16. 26; 18.25: top. $1 6.50; heavy
weight $14.73 (q, 16.00; medium wfflght. $15 65
16.50; liuht weight. $16.00(8 10 50; light
j lights. $15.006 18.00 heavy packing sows.
smootn, ? I..."tllg. 1 l.uv; pining ii'wp, iuuu,
$12.7613.75; ptgi. 1 3.60 1 5.50.
Cattle Rfceipt 1 500. steady to strong. Beef
steers, medium and heavy weight! $14.00 (a.
13.50: choice and prime. 414 00 15 50; me
dium and good. $1 1.75 1.4.00 ; good and choice.
$1 2 75 w 1 4 76 : common snd medmm. $10.00
1275: butcher cattle, heifers. $.00 1 4.00 ;
cows. $8.00 12.50; bulls, $7 7511.00;
dinners and cuttirrv cows and heifers. V00
8 00: canner steers. $6.00 ( 8.00; veal caHea
(light and heavy weight), $18.00 S1 7.50; feeder
leers. $9 00 1 1 86 ; Hooker steers, $7.65 (
11.25; stacker cows and heifers, $7.50 9.26;
stocker calTm. f 8.00 m 1 1.25.
Sheep Receipts 2000. practically no market,
quotations nominal. Lambs (84 lbs. down),
$1 R.OOfft 20.75 ; lamlw, culls and common,
$14.73 ( 1 7.75 : yearling wethers, $15.60
18.50; two, 1 1 .00 15.00 : ewea. culls snd
common, $6.00(0)10.75: feeder lambs, $16.50
17.30.
Kansas City Hoqs $16.76
Kanmi City. Mv. April 6. (I. N. S
Cattle Receipts. 7 500: steady to 25c hither.
Steers $9.00(8 13.73; cow and heifers. $8.00
e 11.25: stocker and feeder, $6 00(12.50;
cslrrs, $8.00 16.00.
Hogs 0O00: steady to 25c lower. Top.
$15.75: bulk. 14.75(t 15.T.0; bearlp. 14.50
(ft 16 50. mediums. $15.25 915.6,1;
$15.23 15 75; pigs. $18.00 18.78.
Sheep 3500; steady to 10c lower.
lights.
Lambs,
$19.0020.4O
Omaha Hogs 1 6.80
Omaha. April 6. (I. N. 8.) Hog Re
ceipts, 15.000; strong to 25c higher. Bulk,
$13 75 15.25; top. $15.50.
Cattle Receipt. 8000: steady to 25e higher.
Stackers and feeders, lower.
Sheep Receipts, 8000; teady.
Denver Hoe SI 6.00 J
TVnrer. April 6. (U. P.) Cattle Reeeirts,
1600; tedy. Steers. $10.50 $ 12.50; cows
and heifers. $8.00 ( 1 1?5 ; stockers nd feeders,
8.00 411.00; clve, $78,00 418.00.
Hogs Receipt. 2500: teads' to strung.
Top. $16.00: bulk, $14.25 15.36.
Sbeep Receipt. 7600; prospect stwinner.
Lamb. $18.50(4 19.50; ewes. $12.50 n! 13.56.
Seattle Hog $17.16
Seattle. April 6. (I. N. 8.) Hog He
ceipts, 858; stiff. Prime light. $16.50
17.15; medium to choice, $15.60 1$. 50;
rough heavies. $15.50 15.75; pig. $13.00
14.00.
Cattle Receipts, 861; steady. Beat steers,
$11.25811.55; medium to choice, $9.00
10.75; common to good, $6.75 9.00: best
cows and heifers, $9.T5 10.25; common to
good cows, $6.50 s 9.25; bull. $7.00 & 8.26 ;
caives, $7.00 7.15.
Sheep Receipts, none.
Liberty Hond Sale
(Furnished by orerbeck A Cooke Co.)
Open. High. Low. Close.
Liberty. SHs 9662 9696 9660 9690
Liberty, 1st 4s ... 9100 9150 9100 9120
Liberty, 2d 4s ... H86 8900 8950 8952
Liberty, 1st 4H. 9120 9150 9120 9134
Liberty. M 4 H ' . . Hfl 8970 870
Liberty, 3d 4 14. . 9294 9292 9286 9290
Liberty. 4 th 4 Hi . . BP82 86 8982 8000
Victory 4s .... 97S8 9792 9780 9786
Victory. 8Hs ... 9784 9792 9784 9788
Investments
7.43
7.48
over x
8
MARKET IS BRACED
BY GOLD IMPORTS;
Bp Broadan Wall
New York, April 8. Tha excel
lent statement of tha federal re
serve bank on Saturday combined
with reports ef further gold Imports
which resulted ia sterling, touching
a new high record for the year gave
the stock market a firm undertone
Monday in spite of the blizzard that
cut off much of the western busi
ness. Sterling went to $4.08 In the early
afternoon. Money renewed at 7 per
cent and waa offered In large volume
aa low as 6, but brokers did not want
It because the long account In stocks in
too small. The technical condition of
the stock market, is excellent. The only
reason there was any hesitation at all
was that traders expected the bllszard
would cut off much of the bullish en
thusiasm that has been coming from
the West and because they feared fur
ther complications In Europe following
the action of France in regard to the
Ruhr valley.
Stocks opened strong, but almost im
mediately sold off 2 and & points all
along the line. Crucible waa about the
only Issue to hold Its own and It re
mained firm around 260. Other specu
lative favorites were strong. Even steel
yielded to the selling of the street. After
the money market opened Crucible be
gan moving upward and continued the
leader of the day In point of strength,
although some others exceeded it in ac
tivity. Before the close Crucible had
sold aa high as 271 H. Corn Products
distinguished itself almost from the be
ginning of the market.
Foreign Market
Is Not Encouraging
To American Buyer
That the financial market at the pres
ent time has less power of absorption for
securities of essential public purpoeea
than any time during the past year Is the
popular opinion among the established
investment houses of the country which
handle high grade securities. They are
pessimistic about the ability, of the rail
roads to raise the amount of capital re
quired for new equipment, enlarged ter
minals and other facilities required to
enable them to render proper service to
the public.
Regarding foreign securities. Invest
ment bankers are of one opinion the
United States ought to buy them.
It Is authoritatively stated, however,
that the prospects for selling the secur
ities at the present time are rather dis
couraging. With Liberty bonds selling
on a better than, 5 per cent basis, and
any number of bonds and preferred
stocks to yield 6 and 7 per cent and up
ward, the American people are Very well
content with their own securities.
A
A LIMITED
AMOUNT OF
SHORT TERM
NOTES
to yield about
750
B. F. Goodrich Co.
One of world's largest manu
facturers of auto tires and
rubber goods.
5-Year 7 Notes
Convertible Into common
stock if desired.
Price 98.25
aWaeaaMi
Bell Telephone Co.
OF CANADA
5-Year 7 Note
Price 98
During last 14 years eompany
has viald not less than $8 share
annually.
LUMBERMENS
TRUST CO.
Bonds, Trusts, Acceptances
Lumbermen's Bldg.
What To Build
and
How To Build
THOSE ire the im
portant questions
which face the owner
of property when im
provement i contem
plated. '
We are tolrlsg toes prea
leas for others way aet
for lOUl -
Strong 6 HscXauMon:
ji1
OPENING IS STRONG
Editor Declares
London Eemains
Financial Center
Through the i immense amount of
financing done in Wall street during the
war and alnce the armistice it was pre
dicted by many that New York would
soon become the financial center of the
world. Relative to that Question, W. P.
Hamilton, editor of the Wall Street
Journal, In a recant address, remarked
the following :
"There has been talk of New York be
coming the financial center of the world,
hut you will notice that New York bank
ers of any standing make no such
claims, just as thoughtful Americans,
with a true sense of our own weak
nes, despise all this nauseating 'sanc
timonious parade of ourselves as the
leaders of the world In morals, culture
arid good government. London is the
financial center of the world today, rap
idly becoming again the free market for
everything. Only the other day one of
the greatest of the New York bankers
said that New Tork might in time be
FREE FROM ALL DOMINION GOVERNMENT TAXATION
Canadian Bonds
We own ; the followlnf,
group of CANADIAN MU
NICIPAL B0NDS to yield
7'i. Without question
these offerftiKs will never
again be duplicated at such
attractive prices. They
were purchased when Ca
nadian exchange was from
15 to 19 points below par.
These bond are all GEN
ERAL OBLIGATION bonds
and are payable in GOLD
COIN of thi United States
in New York or at the
quarters of Morris Broth
ers. Inc.
WE OWN AND OFFER
l.sss ralrarr, Cltj of, Alia- Hrhool.
4,600 Kdmf ntoe. City of. hrhool
8.MS Lethtrlde:e, City of
1I.&0I t.Nortl! Vancouver. Cltr of
".SOI R.fiia, City of, Maikatehewaa...
4,000 KestUa, City of, Masseteric waa. . .
1,(00 tVlcto la, City of, B. C
1,000 OreaUr Winnipeg Water District
1.000 Greater Winnipeg Water District.
1,000 tGreatsr Wlanlpeg Water District.
Denote ond of ISO denomination. Denotes bead ef 11,011 deaoss
Inatioa. tDeiotes bonds of 180.88 denomination.
PR11CES: TO NET 7V2
Burglar and Fire-proof Safe Deposit Boxes for Rent
MORRIS BROTHERS, Inc.
The Premier Mnslclpal Bond ltoste Cspltal One Million Dollars
Morris Building, 309-11 Stark Street. Bet. Fifth and Sixth
Telephone: Broadway 2151 Established Over a Quarter Century
BONDS OF EDMONTON
V1LL BE REDEEMED
BY LOTTERY SYSTEM
Investors Will Get Bigger Profit
Than Wits at First Expected,
) Is Report.
Of interest; to purchpeers of fy of
Edmonton bonds la the announcement of
the city treaurer ot Edmonton that the
bonds recently issued and sold will be
redeemed by lottery
This new development ess means
that Investors stand a chance of
making a larger profit than antici
pated when hey purchased the bonds.
City Treasurer Bamhouse says: "As
taxes are collected they will be paid
over to the Inking- fund trustees. to be
held for the sole purpose of redeeming
the debenture bonds outstanding, pe
riodically there will, be drawings for tha
debentures to be redeemed and the num
bers of those bonds to be redeemed, will
be advertised On the next Interest due
date they will be taken up and paid for
at their face value.
"In my opinion there Is every chance
of this Issue being taken up long be
fore Its due 'late, which will materially
Increase the fate of Interest to the hold
ers of the securities."
(Oregon Journal. April 4)
i
Portland Gas & Coke Co.
' First and Refunding
Mortgage Bonds
Here is an investment in one of the best established and
most proitakle public utilities in the Northwest.
P ice 83.34 and Interest to Yield 6 V2
5 . Circular upon request.
curKkendaus CO.
come the world's center with such bank
ere aa London haa We have no sucA
banker now, and no such banking." j
Members Caught in ;,
'Corner1 on Exchange
Protected by Action
New York. April .I. N. 8,) The
New York Stock Exchange today took
step to protect member whose con
tracts to deliver Suits Motor stock had
been practically cancelled by the spec,
tacular "corner" held by Allan A. Ryan.
In a statement today the exchange's
Doara or directors aeciarea it wouiu nox
look upon the failure to deliver Stuts
stock under existing conditions aa t
failure to fill contracts."
This decision protects such members)
as ' were caught In the "corner" . from
heavy damage suits. The whole mat
ter, however, probably will be drawn
Into the courts for final settlement.
The Linn county fair board is aa
vertlslng for bids on 288,000 reet f lum
oer for we construction ox oaunmga,
Rats Maturity
itt Feb. 1M4
Frtee 4VMS
11.11 7.4S
A0 it &l
FA 4 Itfi
JAU ltl
MA (Trill
A AO lit
AAO 111
JAJ
FA A
JAD
IMS
lilt
11(1
These bonds of
fer you a remark
able opportunity.
We recently closed the pur
chase during tha low period
In Canadian exchange for all
available of the issue ef Oc
tober 1, 191s, which bonds
are required to be retired
serially at 100 by sinking
fund pay menu.
AutotvatlA retirement at
par "by lot" offera opportu
nity for a remarkable inter
est return.
Denomination 1000
Payable in U. S. Cold Coin
Cill or write for details -
Freeman
.... n Smith a
aiiTi aa s fH.ae.
aia a
Camp do.
1
inc.
Jill -
'.ear! ia Koreaihet.
v Xea ..1. 48.00
48.5