The Oregon daily journal. (Portland, Or.) 1902-1972, May 23, 1920, Image 37

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The Oregon daily journal., May 23, 1920, Page 37, Image 37

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Newspaper Page TextTHE OREGON' SUNDAY, JOURNAL, PORTLAND, . SUNDAY MORNING, : MAY. 23, 1920. x METHOD OF SHIPMENT HAS AN EFFECT UPON THE PRICE OF PRODUCE Edited by Hyman Ii. Cohen tITTLE ACTIVITY SHOWN IN GRAINS Local Prices Arc. Erratic but Busi ness Not BrlW? tlllstuffs Go at Extremely High Value. Market for grain , showed complete Stagnation at the weekend in the local territory. There was practically no movement at primary centers and tide water interests were inclined to await more definite results In the general price of foods before venturing too far from shore in their speculative activities. At the start of the week titer wsa a central disposition to "ball" the nitrket for cmiw trains here although oats showed s wavering tone oo the VortiM.nl Merchants "Lithane. So. white Inert oats started tb Mt at $69 a ton, a to ot SO from tb previous tasfcion. This lor wsa recovered oo. Tuesday and tb price held sta tionary Wednesday and Tbunday. On Ba-rcUj it went back to tb week's opeo-iDg. In the barley trade bid for No. 8 'bin started Uia week it 166.50 or unchanged from the previous elosmg. Oo Tuesday th bid went BOe higher to S67 and oo Wednesday a wav.lar gain was mad at $87 50. Thursday Uta prio held unchanged but on Saturday SOo was lopped rjff. v Standard feed barley bids wr off $2 at 184 o Monday, bat regained $l.oO at $65.30 -on Tuesday. A further gain to (66 on Wednesday ptaoed tb price the same as last - week's end and here it elond the present week. MiUstuffs eontinud to show strength; millers generally asking new high records at I1(4 t tern although ot firm ia said so be sising $05 a tosw Market for hay wa nominally. firm with little stock available and demand good. FLOTJB Selllnt rrloe. niUdoor; Patent. $11.75; Montana spring whee.t, $14.85; Wfl. lametts valley brands, $1 120; local straight. $11.26; basers' local. $13.00; graham. $11.50. Prices for city deliveries tor five-brrel tots. HAT 'Buying prices: WUlasetts timothy, fancy. $32.00 per toot vetcb, $30.09; cheat, $22.00 & 23.00; straw. $10 00; cioTer, $31.00; grain. $25.00: alfalfa, $35.00 36.00 s ton. ORAIN g ACK8 Nominal. Mew crop aallv ery. No, 1 Calcutta. 21 is 22c in car lots; less amounts Mtrber. js- v MILLSTUFFS Mill; ran st mills, sacked, $33.00 0 54.00. OATS Pet ton, baying price; Peed. $70.00 70.50. B ABLET Buying price: Feed. $66.00 M M; milling. $67 00 67.60; rolled barley, selling pnee. $71.00 ton. Merchants Exchange bid: FKr.D OATH Wa 8 white 6900 690o" 6950 ' HAtlT.T'T . r X. S whit . . . ... 6700 8700" 8500 Standard teed 6600 $600 6400 , COIU Ka a yellow .......... 7650 T200 450 Sales. 100 tons Jnn delivery corn at $72.50. DELAYED SEASON IN DAIRY PRODUCE Reason : for th leesaed SappUes Held is Storage May 1 Indliatedr txcal Conditions ileTlewed. WHOLESALE PltlCES TH FOBTLASrlJ These are prices retailers pay wholesalers, a eapt a otherwise noted: Dairy Products BUTTER-Selling price, "bo lots: Creamery, 'prime parchment wrapped, 54c lb. : prime first, 1 83c la. ; firsts, 31c lb-i smaller lots at an ad vance. Jobbing prices; Cube extra. 49(g50o lk. : prime firsts. 48 48 He BUTTERKAT- Portlsnd rfpHvery basis. 68 0 65s; emintry stations, 6 1 52e. OLEOMARGARINE Best brands, 4 0e; ordi nary, 33 He; bakers, 33c; nutmargarine. 1 lb. . eertons. 32e lb. CHEKSB Selling price: Tillamook, fresh Ore son, fancy triplets, 35 & 36c lb.; Young Amer- tra. 87 OS Sc. Prices to jobbers f. o. b., TilLi mook triplets, 32c; Young America, 33c Sell ing price: Cretn, bricks. 40 A 42c Selling price: Block Swiss, 48(?)49c; limburger. 40 42c per lb. ' ' KG OS Buying prices: Current receipts, 88 1 89c; randled. selling price, 43c; sl:tt 44 c, . LIVE POll-TKI Selling price: Heavy hens, . 8 36c; light ham.. 30 32o;. spring . light. 3 Oo; heavy. 40&42o lb.;- old roonters. Ik ,nn t.t OO: niaenna. l.n0fS2 00 dosen; turkeys, lis.- ( ) lb.; dressed, 45a P .. . .... -y ' rms vejnaoni ana . rnn ' FRESH FRUIT Oranges. $5.23 6.75 per boa; bananas. 10Hllo lb.t lemons, $S5 6.25 per crate; Florida grapefruit, $7.00 t.60; California, $3.50 0 3.75. APPLES Various varieties, local. $1,23 9 4.00. DRIED FRUIT Dates. Dromedaries. $7.50: Fards $4.f0 per bos: raisins 3 crown loose Mam-etrl. 16e rr lb.; figs, $3.BQ5.50 box. ONIONS Selling price to refcuiers, new red, $5. WO per cwU; California yellow. $2.50: white. $2.73 3.00 orate; garlic. 50c per lb.; greea onions. 4o per dusen bunches, onions sets. 17 l 18c per n. . POTATOES Selling price. Oregon fanry. $$.50 7.00; Gems, $7.00 jwt: buying pries, $5.00; new, 10 lie lb. , BKR lilts cltrawberriea, California - Dollars. $3.'.B(r4 00: Oregon lXiilare, $6.50; Clark seedling, $7.20. - VEGETABLES Turnips. $3.00 per sack; carrots, $4.00 1 4.50 sack; beets, $5.00: csb bare, California, 4c; lettuce. $2.'. 5X3 3-00 crate; eacuiabers, $1.30e3.00 doren ; .toms tnes $5.80 r 6.00; ege plant, 50c lb.; bronoli. $1.253.25: bell peppers. 75c; sprouts. 1 7e par lb.; celery. 1.50 per doxen; peas, 12 1 13c tb.; artichokes. $1.25 1.50 dozen; asparagns. Oregon. $1 75W2.UO doaen basches; WsLla Walls, $2.25 pyraenid. ; . Mesti and Proelslens - ' COTJNTRT MEATS Selling price: . Country bees, 1820o for top blockers; heavy, 16o; best veal. 1 7 1 : heavy veal, 1 S 16e per lh.; SMOKED MEATS Ham, 39(s44o per lb.; break fsst bacon, a 5 & 5 tic; picnics. 26e per lb.; cottage roll. 88o per lb - , LARD Kettle rendered, 27 lb. ; standard 25c; Uerc baJsV compound, 24c. Fish and Shellfish - - " FRESH FISH Salmon, fresh Chinook, 20 S3c; halibut, freatu 2022o lb.; aturzeon, ( ) black cod, 10 lie lb.; silver smelt. 10e per lb.; kippered eelraoa. 12.80 per 10 ! IK basket: kippered cod. $2.00; Columbia smelt, ' 3e per lb.; rasor dams, $5.00 box; crabs, $2.50 (is $ 50 dozen; roe shad, 10c lb.; dressed shad. 6e lb.; ling cod. $a8e lb. Orocerlas SUGAR Nominal prices, refinery bexta; Cube, 25.10; fruit and berry. $24.25; D yellow. $23.65: granulated. $24.25; .extra C. $23.83; .golden C. $23.75. HONEY New. $7.00 $ t.8 esse. ' RiCEJapan style. No. 1, 13 He; New Or ' leans hesd. ) ; Blue Rose. 15 e per lb. SALT Coarse. xhalf ground. 100s. $17.25 per ton: 60s, $16.75; table-dairy. 60s. $17.25; bales. $3.30 4.00; fancy table and dairy, $30.50: lump rock, $26.50 per ton. BEANS (Sales by jobbers) : Small white, t'.ie per lb.: large white, 7e lb.; pink, 8 Ho lb.; lima. 12fec: bayou. 11 c: reds. 10 He; Oregon beans, bnying price nominal. 5 He lb. CANNED MILK Carnation. S6.35: Borden. ee.oa; amw. , Eaw, tiia, jooy. $$.25, Mount Vernoa, $0 23 per case. COFFEE Roasted. ; 34 (48 In sicks or drums. SODA CRACKERS In baOt. 17H per Tb. NUTS Walnuts. 3S40e per 4b.; almonds. 88c; filberts. 82c in sack lots; peanuts. Ids 10c; pecans. 23c; Brazils, -30c . , . . Ropes, Paints., Oils ' ROPB SisaL dark. 18Hc; whita. 20o lb.; stsndard Manila. 23 St LINSEED OIL Rsw." bbUt. $1.98 gaL; kettle boUed. ,bbls., $2.00; raw, eases. $2.13; boilesd, cases. $2.15 gallon. COAL OIL Water white, ia drams or iron ' barrels. ISo gaL: cases, 24o per gal GASOLINE Iron bbls., 25 He; eases, 38e: engine distillate, iron bbls.. 16o; cases, 32 He WHITE LEAD Ton lots. 15c; 600 lbs.. 15 He pel lb. . TURPENTINE Tanks. $2.26; eases, $2.41; 10 ease lots, le less. - Heps, Woof sand Hide ' s '7 HOPS- Nominal, 1919 crop, $1 per lb. v -HIDES Nominal.. . . ' " MOiLsIR Long staple, 45 9 50a Ih,; .short Staple, 30 35c per lb. TALLOW AND GREASE N. " 1 - tallow. 11 He; No. 2. 10c; No. 1 grease. Be; No. 2 " grease, 7e per Tb. CHITTIM OR CASCARA BARS New peeL lie per lb. ... , 825.288 $.027,130 1.064,953 336,428 667.887 4.059.789 94,65V 2.7e.B2 3.273.247 8,045156 Foretell Exchange Market ' New York. May 22. U. P.) Foreign ex change was stesdy st the opening today. Demand sterling opened at $3.83 V4 , np He; frshe checks. 13.87e, off 5 centimes : lire checks. 19.02c up 10: marks, demand .024O,' cablee .0242, up .0004: Canadian dollars. 89.15c ,; . - Sterling demand closed at $3.84 H, cables 83.85; bane. . eemand. 13.70o; lire, deasad. 1$. 2c cable 18.90; marts, demand, .0241. STOCKS GRAIN COTTON ; (Btawfes Listed Hum Mar Steok Cxaheoe) Reduced Commissions Sm$il . - - . Deposits CLa, R. McLem Brokemx Co. : oenvcr, colo. . . r : ' AI-LEN: BROS. CO. V PORTLAND CORRC8lORpeNT tit Cbaiubar Caoxnerc iiioo. Phone $111$ : With deereaeed stocks ef ggn, Gutter and cbeesei5 ' to " storage - houses of the United States, it would appear that the outlook for; the future of prices would be higher. Nothing could be farther from the actual case. ; First of all it must be realized that tB present season Is somewhat later than the normal and this alone would account for practically the entire loss.- : v k report ef the bureau of markets thews total dairy products holdings ia the L' sited States May t as follows: - - - - May 1. 1820. Marl. 1919. Creamery esitte 7.487.8T8 , ,98,928 P. a. butter.......... 764.478 American ebaese.. . .1 $,690,163 Swiss cheese ....... . 1.948,552 Brick and Muturter. . . 486,757 IJaaburger , . 4 14,629 Cottage, ete. ....... 2.511,256 Cream and Neufchatel 179,963 Cbees. ether , 3,102,675 Eggs, esse 2.131.275 Eiss. frozen ....... 10,527.632 J"; Weather Hs Effect - WeaUjer conditions have affected the dairy products market to. s ftrester percent than usual this season. The stofags of eggs has just started in th East and Was ranch later than normal in the Coast sections. This accounted far th greet differential between the prices ia the East sad on tn Coast and enabled tha Coast trade to do far mors extensive shipping east of the Rockies than during say other season. - Nosv with storage operations Well under Wat ssd with the season getting to the "flash" period, the East Is showing extreme eats ia vaiusa, which have to some extant sifaetod the Coast. - There la one danger, however, in buying eastern, eggs.. The season is so clos to the period when hot weather will interfere with quality that many buyers on tha Coast wtU not purchase- ther. - - ' - During the week there- was a good, healthy eon is the egg trade generally. Dries being a fraction higher, although at the closing a slight rescues l was shown. - . ' Butter Situation Steady Situation in the butter, trade wss steady for the week with prices practically Unchanged, Some ef the creamery interests who were affili ated with tb tee cream combine wanted ' to reduce the price of butter so that they could secure supplies -for storage as well ss for iee creem making at lower figures. Considerable of the iee cream now manufactured here is mad from sweet butter and allied interests were smxtousty seekins stocks at practical! ill fv osfie Northwest points. - - '.. j Its dwvetav that th big interests look - fee a bis ice cream trade this summer and for that reason are trying to grab batter : of tarings st country points on contract. - -; ' ; .Cheese . Situation Good It has ben the most unusual season ever known in- tha - oheeae trade. For practically seven, montbs tnere nas not been a single pries change in the Tillamook sectluu. 1 a condition heretofore unheard of. In fact, H - is believed thst Tillsotoeft to holding the world's, record for producing centers, holding one price. The one TWrk feature of taw cheese situa tion was the practical ettminttioo of the Coes and Curry association from the trad - This brought about extreme fluctuations in the South ern Oregon jjoast product, sales jn soma is stanoea betng sssde from 4e to tie a pound be low Tillamook. r " . S ; . Poukry tltuetlon "aoo . Is this poultry trade aa" extremely good ton was shown along Front street for the week. Receipts) were moderate. Demand was exeelient in all lines with the possible exception ef pound broilers. ' For these the trade ' was just about steady around 80c-a,, pound. Heavy hens sold generally at S5o a pound, but earn business wss at 3 tie. while- light weight stock went at 82 33c pound tenerslly. ! - Oeesssd Msets Slsmp Slumping prises were shown ia the market for eounrty killed meats along Front street for the Week. Veal supplies were vary liberal and retailers were not at all slow shout forcing values down. Sales of really top Veals were made down 18e a pound aad ss high as 19 9 20a st the week 'end, althoogh besinees st the higher hgares wss too limited to quota Hogs lost slightly in price daring the week ss a result ef the increased weakness and lowe price for livestock ss well as the general tendency to shade foodstuffs in most markets. . f - Carmed Sslmon Quiet While pack fits are asking a geaeral advance for the; new pack Columbia river sslmon. little business) is showing. There appears to be a die position among the Jobbers to withhold pur chases until the last moment. More Care in Shipment Would . Eliminate Many Complaints -v ' x t ; , . - By Hrmaa tt. Colies " . Are you one ef those shippers of country produce ttiat feel as-fxlevsja because you have not secured the price that you believed you were entitled to? Are you ons of those thnt feel that everyone is consrjtrtne to down you and truis li you ena cmcKens to narxet marKea wim a. weignt us 75 rwjuntls. you rceive returns on but S3 pounds? ' if so this messag-o is to you. The average shipper to the wholesale houses is not dissatisfied. . ' . ' There are reasons galore f of youf feenn4r ef complaint. First of all, it probably has not occurred to you that perhaps yoa are wronsj tn your judgement. Perhaps It has, never .oc curred to you that mistakes can be made by the other fellow as well as by yourself. Perhaps you have not realized that you may be wholly to blame for inadequate values. , . Give Market What It WaaU' First of alt, I would ask whether you are sen dins to market a product that is wanted? This may appear to be a foolish question, but jt is asked In all seriousness. Perhaps you mem a shipper of dressed calves. You feel that there is always a Ci . ' . . a s uriiiauu lur suvu siuca, i uai a just wriere yua sro fiiiB(.a.at;o. Ik"' I There are times when it is impossible to find. a buyer for ( I calves, when the trade is so filled with stock that buyers refuse ' ' I to evert talk of supplies. Perhapsyou have sent lpment $ :, that arrived on such an occasion. Then you will f inti Taat ta f price you received is much lefis than you expected, i ii i ,i j . The average shipper scarcely realizes that there are various OOalitiee of veal calves. To the shipper everything? looks to be of the best quality. He firmly believes that there is nothing as good ss kis stock on the market. Here, perhaps, he is mistaken.' Some houses alone receive as high as 80 to 100 calves a day. In this consign ment are all sorts of qualities. The commission man is not the sole judge as to what the quality is or what the price should be. Tha buyer is th court of last resort in this. If he feels that the stock is not No. 1 quality, then he refuses to pay a No. 1 price, no matter what tke wholesaler thinks. If the wholesaler does not care to accept this price, he can offer the stock to another dealer, who may be of tha same opinion. $ s Sklppfas; stock Too Late for Sal . Perhaps you art one of those shippers who have a habit of sendlnsr dressed meat to market on a Saturday, which will arrive In the city too late for business Saturday afternoon. Therefore the stock ia kept until Monday , by the express company. Perhaps this meat was excellent when you shipped it. It looked good to you, anyway. If the weather was warm and this Vitock arrived too late for Saturday's business and, therefore Was kept for several days, the shipper will receive th unpleasant news that the meat was sour, and was either condemned by city inspection officials or else it was sold at a very low price, and the sour stock cut away by the buyer. . Th chances are 10 to 1 that if you was th shipper that received this news you would immediately say that the -wholesaler was a crook of Uia worst type. -Poultry Weight Decrease In Shipping Perhaps you have- shipped chickens to market You weigTted them yourself and found th coop to contain 75 pounds. You were madder than a March hare when you received returns for only $8 pounds. Someone bad robbed you of seven pounds of high priced chickens. Tou don't believe there is another honest man left in the business. Perhaps your scales is not exactly right. Perhaps it weighs too much or too little. Then again, you may have misread the figures. Still again, it is proven beyond the slightest question that chickens will lose heavily In weight when sent to distant markets in coops. Perhaps you filled the coop too full and some of the chickens were crippled or died. These would b deducted from the total returns. , E ON Y A1SSH0V FRACINAH IN STOCK VALUES New York Market Starts With m Sood Gain Wttli LaaoldaUons and Recoveries Later. Use of Too Much Shoddy Is Cause of the Lull in Wools More than 155.000.000 pounds of vir gin wool have accumulated in the store houses of the world sine the beginning of the world war, according to statistics com n led by the National 1 Sheep and Woof Bureau 'of America. When' the world's wool clip of 1&20 is completed, a few. weeks hence, this amount will be in creased by 2,500,000,000 pounds, it is ex pected.' In spite of the. high price -of wool fabrics, the storehouses of America alorv contained 700,000,000 : pounds : of virgin wool last September, 10 months after the signing of the armistice, or 100,000,000 pounds more than' th coun try's annual consumption. 1 , . Manufacturer to Blsm - The National Sheep and Wool bureau, which has its office at 2$ South Ia Salle street. Ctu- Uago, is attempting to force cloth ntsnufscturers he nuuw wmw vuwjn- woue lima . wm storv houses through the 'passage of th so-called "Truth in abrio" bill, which Is now before the interstate commerce committee of both houses of eangress. The but is designed to eompel manufacturers to stamp, "woor cloth with the percentage of cotton or shoddy used in ita manufacture. Shoddy is made from woolen rags, snd is much less expensive for manufactur ing purposes then virgin wool, which is wool thst hss never passed through manufacturing processes. In discussing tha situation yesterday, H award E. Greene, secretary of the bureau, said: Us Tow Much Shoddy . "The reason bug stocks of virgin wool are new lying in storehouses unmanufactured is that 8EIXISG BY I-ITERPOOIi IS " t . CAUSE OF COTTOlf tOSS New Terk. May 22. (t. N. 8.) Ths cot ton market, after an initial decline ef $ to 60 points today da to- seltieg of tot crops by Liv erpool snd . moderate -offerings from ths South, rallied about 35 points on weekend covering snd support , from stock bouses. This carried, some of the ' crop options above' last night's close. Early private weather .news told of scattered showers in Southern Texas and at a few places in the Eastern states. . Trading became active near the close and the market, after weakness, suddenly turned Strong, and jumped about 85 points on the new erop month. The clrm was steady at a net decline of 2550 points.-. Spot cotton was quiet today, prices 50 points Krwer at 40. .No Furnished by Overbook & Conk Ca, Board of Trade building ; . , Month. Open. High. : Low. Close. January ....... 3280 3305 8255 3275 March ......... 3225 3260 3205 8225 July 3770 , 3790 8735 3755 October 347 S45 3433 8467 December ...... 3357 3393 3330 3360 PACIFIC COAST JBA2T. STATZME3TT i - , --'- Portland Bank Clearings. " This Week. ;' Tear Aro. Monday ....$ 7,880,1 00. IT $ B.89V.864.11 Tuesday ...$ 6.873.702.91 6,188.737.29 Wednesday 6,323,707.57 6.319,925.78 Thursday ... 6,472,661.82 6.383.850.40 Friday ..... ; Holiday Saturday ... 7.193.441.03 8.944.198.00 Week Clearings Balances i Clearings Baianees Clearings Balances Clearings Clearings . . . . $33,743,648.50 $33,031,123.66 Taoorns Bsnks ' Batnrday ..........$ S40.864.00 Saturday 78,318.00 Spokane Banks -8atuTdsy ..........$ 2, 050,726.00 Saturday .......... 666,469.00 '' trsltls Banks Saturday ......... . $6,503,181 00 Saturday 1.348.714.0O San Praasise Banks - . Saturday $27,757,831.43 Les Angst Banks Saturday ......... $13,706,388.00 DAIRT PBODUCE OF THS COAST : - San Fransise snarfcat . . . San Francisco, May 22. (U. P.) Butter sxtraa. 54 He: prim rxrsta. 4SH. - Eggs-aExtrss. 44&e; firsts, 43e; extra pul latts. $9 He: nndersiscd- puiiets. 31c - . Chess California Cats, extra, 23e; firsts. 24 fee . ' '--. . . Los lAngalss, May K, SL1 Butter. $6c .- - f. - - Eggs Extras. . 43e; esss count. 41c; pnDats. 39c: peeerees, 29c Lave Poultry Heas. 23 $2e; broilers. 23 0 2Scj fryers, 26c - . POTATOES ALOITG THE COAST San Franoise Markst Baa Tnncisco. Msy 22. TJ. P.)- Potatoes River White. $7.00 8.35: sweets, lOe lb. Onions Australian' brown, $8.60 9 7.00, Seatti tiaekst - - - SMtU. Vay.22. (L N. S.) fining On gen. 7 He lb. ; Potatoes Taxim,' $165: local. $1409150 . i : - - Lea Aaeatss Market . ros Angeles, Msy 22. (L N. S.) Potatoes Stockton Burbsnks. fancy. $7.5008.00; Idaho Ruasetts. fancy. $8.50 99.00: new stock, local Early and White Rose, No. 1, $2.50 2.73; No. 2. $1.10 01.90 las. . ; Klnaeapolis-DulaUi Flax Dumta, May 22. r(f. N. 8.1 Flax Msy, 410 btd: July,-410 bid; track. 410 $415j-ex -nve. 419.' 1 ' . Minueapolis, "May .22. fL N.T S.) Flax- NX 1. 4.15(4.U0i amre. 41t wJ4l5. .... the use of unidentified shoddy rhi manufac turers to make more noarr. "Even the most honest retailers are unable to detect the presence) of shoddy in 'all wool' goods, beoanae shoddy is all Wool. The purchaser buys his 'ail wool' clothing without knowing that hs is getun m rags respuo, and pays tuna wool prices. "The Truth in Fabric bill, when enacted into law, will make the manufacturers come out in the onem : and tell what their wnmla aiw mul. f Then, people who want virgin wool and are ready to pay for virgin wook can get honest cloth, and the goods made -of shoddy will take its rightful place and price and caa no longer - masquerade a virgin wool. . - Lass Woof Than Hassle The world produces scsresly a third less wool than it needa annually. With proper encourage ment, - farmers would increase their flocks of sheep, and that in the long run would mean more snd ehesper wool snd mors and cheeper lamb sad mutton. Every Voter is vitally inures ted in honest cloth, cheaper wool and cheaper meat, and should write bis congressman and aenator at once and urge that the Truth in Fabric bill be reported out of committee aad mad into law. All voters are also urged to call upon their po litical parties to incorporate the Truth, in Fabric demand in their national platforms. Pure cloth is second only in importance to pare food." Man Nton Would Protest The Truth in Fabric bill wa introduced in the house of representative on January 7, by Congressman Burton - W krench of Idaho. Its number is 11641. John J. Esck of Wisconsin is chairman of the interstate committee of th house. Senator Arthur Capper of Ksnsss intro duced the bill into the senate, where its number is ii- 3686. Th obairmaa of tha .mterstat commerce commirtse is Albert B. Cummins of Iowa. New York, May 22. Tj. P.V Short covering and absence of the usual week end profit taking by professional traders resulted In substantial gains being reg istered by leading issues at the stock market opening today. f Transactions wer In good volume. Interest appar ently centered In oils, although the equipments also displayed firmness. United Slates Steel "up . Corn Products Tip X, Americas Smelting UP . Pan-American up 1 , Mexican Petroleum ap 114, U. B. Stores' npH . Heading up Hi -Americaa Loco motive np 1 14 . Baldwin ap 1, Stride baker np V. S. Rubber up . ' Mexican Oil stocks responded to news of the death of President Oarraasa with higher openings. Bails showed gains of from H . to a point..'- ! .:' ; ' Sinclair broke through S9 ia the second houa American Woolen held aboew Friday's low during 'the early trading. Seen heavy selling; came hrto Crucible dnr ioc the met half hour of trading, bringing that issue to 4 new knr for the present movement ss , 121, Bears attacked th motors ia 1st trading and practically all early gaina in these stocks, were wiped maw Closing prices were: United States Steel up . ItecuDUO JStnel on hi , American Car end Foundry up H . Sinclair otl , Studebaker oil American woolen up H . Punts Algere up 8 , Crucible off 3. Bald win no a . Besdins uiwhanged. Mexican Petrol eum up H; Pan-American up 1H, General Motors off , V. b. Rubber up 1, Jor-n prod ucts unnhsngnrl, Cuhan-Amaricsa Sugar up H, . Furnaked by Overbook A Oboke Oo, sf Trade building Boars DESCRIPTION : Open High j Low Clos Good Seed Is. Cheapest in End No Matter the Cost if !i " 'hi i ' . 1 4 If " ' ll Joe Corletto . , Th necessity of farmers using more car in their selection of potatoes for seed aa well as in marketing is brought out by Joe Curletto of Marow fc Co, who says : i- ; : - v . . "Potatoes are potatoes to the average person, but there are practically as many different, varieties of potatoes '.aa there are races of people. "There are potatoes and potatoes, and still more potatoes. - Some of them are round ; some - of them are flat, some long, ethers short and still others might be called a happy medium as regards size. There are almost as many qualities of potatoes offered on the markets as there are varieties. "I have for years made a special study Of the returns .that potato growers se cure. In my connection , with Front street firms, I have discovered one thing : The potato grower who gets the price Is the one who looks after his quality. "I have discovered, for instance, tbjit a certain trade will demand and pay a better price for a medium sized potato than for the large sized stock, and then again there are markets and con sumers who will pay a liberal premium for the, large sizes. "One thing I have discovered that had puzzled ma for awhile. A few years ago, far the best demand and price was available for potatoes of me dium size. All of the best buyers sought such offerings and this naturally re sulted In a liberal premium being paid. Then, seemingly all of a sudden, - the big potato came into prominence. "I found that It was the hotels and restaurants that were demanding the big potato because they found that the actual cost ip the pot was less than for the me dium sized stock, even after paying a premium of 25c to. 50c . per hundred pounds for the former. ? "Jt was a matter of labor entirely, that brought the big potato into such prom inence. The public is today demanding products that utilise as little labor as possible in preparing- for consumption. , "As long as this condition exists, and ther is no reason whatever to believe that any change will be made for many years, it ia up to the producer to grow sucli stock as be can sell for tha highest posaiDl price. . "Good seed is. needed for this, and no matter what it costs, it is cheap com pared with poor veed that produces a product that sella for. less money. Spread in Wool a Dangerous Feature Boston, Mass., May 22. Another quiet weak hss bee noted ia the wool trade. Meanwhile arrivals from the new cHp are small, about one seventh ef th total for ' tb same period of 1919. ; j - j Try little is being done tn the west, If it were not for the piesance in the eity of manufacturers and . mill buyers to attend the British auction, tb various wool nouses would be extremely quiet. .' 1 la the regular market ths doubtful posiuoa of medium wools Is Illustrated by -some figures furnished by a blading handler of top. ,' Fine territory tops now selling st $2.70 for a good grade before the war brought 63 to 70 cents. Choice tow quarter blood tops are seRina now st 70 cents compared with 43 cents before the war, the figures show how far the fines? grades have outrun the rest of th market. The discrepancy butiei eii fine snd medium grades is considered a dangerous f aeiare of the situation. ' a Advices from the west indkate thst growers are not disposed to modify their ides of values. Coniiequently all ths current activity is in con signments. This resolves itself into a matter -of advances. ... v . c. Receipts for .the week-, .doaoesuaj $75,700 pouads;. foreign. 1, 825.560 pounds. - Jonathan Apple Is " ; Falling at -Yakima Yakima. May 22. erious damage la the apple crop of the valley is reported by C. L. Bobtuaon, district horticultural inspector, who has spent two days this week investigating reports that the apple in the lower valley were dropping heavily. He sou films title report saying the eat in the erop will vary from 25 to 75 per oent in orchards about Mabtoa snd Grand-view. Ap ples hardest hit seem to be Jonathans and Wineaapa. The 'damage wss caused by winter killing which left the trees in a weakened con dition. They threw out blossoms aa usual, but the fruit has not set and the erop will be ' re duced in consequence. Lower altitudes seem to bate sof fered worst while there is some- damage in moat, of the orchards of the valley. The extent of the damage covering the valley, ss a whole, has not bees estimated. It is thought now the erop cannot exceed that of lsst yesr, while estimates mad last week placed it 2000 cars greater. , IfewTork Bask Statement New Tor. May 22. (L N. S.) Bank state ment: Loans, increased, $8,867,000; demand deposits, increase, $42,607,000; time deposits, decreased, $647,000; reserve, increased. $1 O. Ob 1,910. . ' . Actual Liana, decreased. $29,476,000; de mand deposits, increased, $26,749,000; time de posits, increased. $21,000; reserve, decreased, $21,061,980. . , Alii Chalmers . . .1 $1 H Steel ...... 1 41 H Am. Agr. Cbem...l SO Beet Sugar... 88 H Am. Can., e I 37 am., jar. snj. ... isi m Cotton Oil. . .1 42 Hide A L-. C.I 16 H Intl. Cora... 83 Am. Linseed, c .... ( 77 H Am. Loco.. C I 91 Am. Ship A Com..! 19 Am. Smelter. C....I 57 Am. Steel IMy.. ..I ST Sugar, e....llza Sum. Tob . . . . Tel. A Tel. . . Tobscco . . . . . Am, Top. Secut... Woolen, c. . . Zinc . . . . . . Anaconda Min, Co.. Atchison, c. . . . . Baldwin LocO.. c. Baltimore at Ohio, e. Bethlehem Steel. B Brook Rapid Transit Butts snd Superior. Csnsdian Pacific . . Central -Leather, e. Chesapeak A. Ohio. CUao. G-t. West, e. Chsev, M. A St. P. . Cbgo. a isoruiw. . Chile Copper. . . . . . Chins Copper.-. . . . Colo. Fuel A Iron., Consolidated Gas, . . Cora Products, e. Crucible Steel, e . Dear. B. ii.. e. Erie, o, General Cigars . . Gaaeral EUctri , General Motors . Gt. Northern Or. Gr, . Northern Uy . Greene. Cannaea . Gulf Slates Steel.. Ice Securities . . . Illinoi Central . . Ind. Alcohol .... Ins. Copper . . . . . Int. Paper . . . . . Inter. Harvester . Ink, Mer. Marine, e. int. Nickel K. C. Southern, e. . annecots Copper i atees. Lehigh Valley . . . Mer. Petroleum Miami Copper.... Midvsle Stem ... Mo. Pacific, e . . . . National Lesd ... Nevada CossoL ... New Haves ..... N. T. Air Bras. . , N. T. Central Norfolk a- Western Northers Pacific . Pacific Mail Pan Amer. Pet, c Pens. By. ..... People's Gss ... Pressed Steal Car, cl Ry. Steel bp rinse. . By. Steel , Springs. . . newnng, e. ...... Royal Dutch .... Hep. J. V SO. a.. Rock Ialaud. c. . . . Sinclair Con.. . . . . . Blom Sbef field. . . . 8. Paoifio ....... South. Ry. c. . . . . . Stromberg Motor. . . Studebsker, a .... . SbeU ........... St. Louia Saa Swift eV Co. Tenu, Copper. . . . . . Texas Oil. ....... Texas Paeifio. . . . . Tobsoeo Products. . Transoontineatal Oil. Union Pacific, e. . . . Union Oil of Del.. U. a Bubber, e. . . V. 8. Smlt ABef. U. B. Steel. e..... do preferred . . Utah Copper . . . . . Vanadium Steel . . Vir, Chem.. Wabash . . Weston Union . . . Willys Overland . . 92 53 "a 97 36" 78H 111- 31 88 H UK 21 114 U 64 51H si" 144 BOH 30 89 80 H 123 5H 114 0H 141 26 H 84 H 72 83 H C0H 66 H 29 17,H 25 H ii 173 2 41H 24 H 76 28 67 H 8 72 97H 39H 31H 95 H .1 90 82 H 113 8SH 84 H 31 H 63 92 H 32 1 63 H 75 H 23 v 45 40 62H 14 H 114 28 92 H 91 H 105 H 68 68 H 71 H 81 H 41H 8 86 37 H 131 42 16 H 83 H 78 H 81 H 20 H 57 87 H 125 H ' 93 63 H 97 66 H IS" 111 31H 88 UH 21 115 65 H 51 83 15 30 H 80 80 95 127 6 11 60 141 28 34 73 4t 80 87 37 131 41 16 82 77 90 lTs 57 37 124 92 62' 97 55" 78 110 81 87 11 20 114 04 51 $2 14 30 29 79 90 H 121 5 11 H 60 141' 25 84 72 - 83" 82 50 50 SH 5 a . r 29 29 17 16 26 "ai "41 40 172 170 20 19 41 41 1 24 28 76 76 I 11 11 28 29 68 89 69 89 17 72 . 72 98 97 39 38 32 31 95 90 90 J 90 J 90 t82 81 116 115 88 87 34 33 81 29 63- 63 92 92 22 21 I 61 61 64 62 75 75 ZS 23 111 111 9 9 46 45 41 40 i 63 H 63 ! 14 13 115 118 28 27 93 92 92 9iH 105 105 68 67 (70 68 71 71 "is" 'ii" 81 41 , 80 88 37 130 H 42 H 16 82 78 90 20 67 87 24 86 H 93 210 62 97 H 13 56 78 - 110 80 87 11 2041 114- 64 51 TH 32 77 14 30 29 79 on v. 121 5 11 60 140 25 34 71 29 67 40 82 82 60 as u 121 Vs 29 16 15 25 66 41 171' 19 40 23 H 76 11 27 95 66 88 72 30 97 38 31 9 90 j 90 Slt 116 ST H 33 80 63 93 ; 21 61 62 74 22 H in H 9 V 45 40 6$ 14 113 27 92 68 91 U. 105 67 69 71 7 83 17 NO PRICE CHANGE North Portland Market Is SHarply Off for Hoes and Eheep During tiie WekR5csMpta neavier. PORTLAND This week ...... Wek ago ...... Two Weeks ago ... Pbur week sgo ... Yesr ago . ... .... Two years age , . , -rnree years sge .. roar years sgo . . LIVESTOCK RCn lloes. OatUa, Calves, 6241 1796 . 402 1573 8S94 8133 2542 6362 3718 139 177$ 243 2214 25 3882 1323 8753 1316 423 5400 1553 173 131 98 Bheep. 9279 4484 6387 8324 8343 9367 2668 8824 North Portland had within sight of a record run of livestock for the week with a total showing bf . 171 cars compared with. 113 last week. 334 two weeks ago, 103 four weeks ago, 15$ a year ago, and 102 cars two years ago. Hogs, cattle and sheep ruled weak with most prices lower. Cattle Mold Stationary Cesnite much alarm- and talk among com mission interests and packers that the . cattle market wa gouig to th bow wow so tar as Dries were concerned during the week, actual closing of the trad showed substantially the same tops sa ruled during tn previous week end trade. Along with Increase la other tines, a aligM gain in cattle receipts was shown at North Port land for the six days. Killers took bold of sup plies at ' former prices, but there war inter val during which the opinion was expressed quite freely that a material lowering of values would result. General cattle market rang: Best beef steers .............. $lt 25 1 8.O0 Choice steers ................ 1 1. BO m 13. 2S Good to choice 'steer.. ........ 11.00 11.66 Medium to good steers 10.00 11.00 Fair to good steer .......... 8 001$.00 Common te fair steers ....... 8.00 s 9.00 Choice cows snd heifer. 10 25 W 11.00 Good to choice cows snd heifers. 9.00 10.25 Medium to good cows snd he iters. S.OO 0) 9.00 Fsir to medium oows and heifers. 7.00 C? 8.00 Carmen 6.00 6.00 Bulls ...................... 6.00S 9.00 Best light calve 9.00 12.00 Medium calves 9.09 12.00 Heavy calves ................ 6.60 ( 8.69 Sucker and feeders ......... 8.009 S.69 "...::..'.:", Swine Values Less Lower values ruled for swiae la the North Portland alien - during Uia week. Titer v. a very liberal incrwas ia tkfe run aad closing value war approximately 60o below those of the previous week-end. There was little differential toward the week end, between the top value ruling at Portland and those at Chicago, indicating that the de clines here have been eves more severe than in the East. General bog range: Prim mixed ............. .$14.75 1 5.60 Medium mixd 14.00 14.60 Smooth heavies ...i, ........ 11.00 (18 00 Pin 12.00 M 18.73 Bough heavies 10.004 11.00 '' ' Mutton Value Last With receipts : ia 'the sheep and lamb alleys mm them double those of the oreviou week. depression ruled generally la th North Portland yards for sueh offerings. Moat ef the week ahowed the yards dorred with both muttn and lambs and severe pries declines failed to stop tn extra liberal mov- ment in this direction. ... Ganeral sheen and lamb ranee: " Serine, lamba : $13.50 14. B0 Cull lamba ........ . . 9.00 eel 1.50 Yearlings .................. 10.00 t 12.00 Wethers .O011.0O Bwea 5.60 9 9.00 Wool sharp bring th usual presume above shorn. . .. . Disposition of ;- Uvtoa Pollowing wa the disposition of livestock at North Portland for tne wee : Butchers and Packer. - OatUa. Hoga Sheep. AHmmi. Brothera ........ 40 .... . . , . Barton 100 173 1053 Garttens 250 .... 485 Swift ..,........i.. 627 1610 S36U Oil! .. 3 " 21 1 ' ' Heart 208 264 1425 HevnU ............... XXI IPS i. Otto 4 ' -82 .. Sterrett 58 73 20 Smith ........... 113 .... . . Sehlesmr ....-..' S3 .... 106 Washington Butchers . ... 58 .... . .... Oregoa Butchers ........ 133 ; 22 .... North ................ 98 672 380 Feeders Washington ..... 107 290 4840 Feeders Oregon , 311 490 140 Total sales Stocks, 325.000 shares; bonds, $10,802,000. . Weekly sales Stocxs, 4,382.200 ' sLares: UUUU1, XO,tFOU,OUU. . "New Tork xtond Market Furnished by Overbeck A Cook Bosrd of , Trade boudixig. Atchison genl. 4f .......... Bal A Ohio gold 4. Beth. Steel ref. 6s..,,,..-.. Cent. Padfie 1st 4s........ C, B. U. eoL 4s. ........ St. Paul gerd. 4s... ...... Chicago N. W. geaL 4s. L. A N. uni. 4s N. Y. Ay. 5s'- Northern Pscifie P. L. 4s.... Reading geaL 4s .......... Union scif io 1st 4s ......... V. S. Steel 5s Union Pacific, 1st 4s. ...... Southern Pscifie eonv.es Southern Pacific couv. 4s. . . Penna. conv. 4s .......... Penna. 1st 4a ........... Ches. A Ohio conv. Sa ....... Ore. Short Line 4s ......... Bid. 1 70! 58- 77 . 65 3 71 i .67 : 72 23 69 79 73 89 79 94 -72 88 "73J ' 70 75' company. Ask. 71 58 80 65 94 71 68 . 74 24 " 69 79 75 0 ' 79 96 , 74 ,'88 73 H ' 77 . Forelga Bond Market Furnbhed by Overbeck A Cooke Cow. of Trade buildins: A. F. 6s Oct. 1920.......... U K. 6 Hs Nov. 1921 Rep. France 5s 1931........ Paris 6s Oct. 1921......... Marseilles 6s . . Russia Kxtn. 5 s 1921 . . . . Russmn IatL 6s 18120..... Dora. 5a Aug. 1919. ......... Dom. 6s Apr. 1921......... Dorn. 6s Apr. 1931..,., . . ... Dom. 6s Apr. 1926.......... Don. Canada 6s 1937....... V. K. 5 Hs 1937..... Bid. 8 ,94 63 90 86 24 i : 23 ' 96 96 87 89 . 84 83 Board Ask. 98 94 5 90 87 27 30 7 i97- 89H 89 H 87 84 ' Liberty Bond 'Sales (Furnished by Overbeck A Cooke Oo.) . Omn ttivh Ta , Liberty, 8.... 9170 9220 9160 ' 9200 t : 1 .a A. -: aKA V.JIT7 lj$ ait . . ... . e iw.s. OaOV Uberty, 2d 4sv. 6409 8390 8360 Liberty, 1st 4 34. 8550 - 800 fiG50 8550 isibcrty, 2d 44. 8420 bt0 8IV5J J550 T .4 rtswPV Ql 1 If S St Q 1 1 as O X B1 A BBon v. 1 w m fm vijjlv v i w otyiv 49947U Liberty. 4th 4S. 8500 8500 " 8472 8474 vicwry, .... mu vo - ntn tnvv Victory. 3 s .. 9624 8624 9600 9600 Dried Fruit and Beaas ; Ke Tork. Mar 22. -L . 8 ) Beans Market steady. Marrow, choice, $1.28 ey 8.26; pes. choice, $1.4 16.59. . - Dried Fruits Market firm.' Apricots, extra choice to fancy, 2 7 (S 3 7e ; apples, evapo rated, prime to fancy, ' 12 18 He; prunes, 3u -t0 60s, 15 23c; prunes, 60 to 100s. 10 ( 15c;. peaches, -extra ehJa M fancy, 18&22ts; seeded xsu&uis, clioiee to fancy, 20 22e. NEWMAN IN CHARGE OF RUPERT CONCERN AMEKICAW LIVESTOCK PKICES Chlcsno Hoes $44.88 Chicago. May 22. tl. N, S.) Hot Re ceipts. 10.000. Lights stesdy to strong; others weak to 15e tower: bulk. $13.86 s 14.75; tops, $14.85; heavyweight, $13.60(314.50; medium weight. $14.25 14.80; ligrrtweight, $14.50$p 14.85: light lights. $13.60 1 4.85 ; heavy pocking sows, smooth, $12.50 (g 13.25 : packing sows, rough. $12.00 12.65; pigs. $12.00 4s 18.75. Cattle Receipts, 2000; compared with Week sgo beef steers, 25 0 60a lower;- heavies, de clining. Sheep Receipts, 1000. No market today. Compared with week ago: lambs, $1 to $1.75 lower; spring lambs, $2.00 3.00 lower. Ksnsss Olty Nogs $14.68 Ksnsss City, Mo.. Msy 22. (L N. S.) Cattle Receipts, 200 ; no mark.. Hogs Receipts, 1200; Steady to 10c higher. Bales. $14.00 & 14.60. Sheep Receipts, 1800; no msrket. Dsn Hog 814.80 Denver, Key 22. tU. P. ) Cattl Racelpta, 1500: steady. Steers, $10.00 a 12.25 ; sows snd heifers. 88.00 10.60 ; stocker and feeders, $7.50 910.50; calves. $13.00 917.00. Hogs Receipts. 300; strong. Top, $14.20; bulk. $18.75 14.15. Sheep Receipts, 1009; market all stock go ing through. -Chicago Dairy Produce -CUoago, May 22. (L N. S.) Butter .Be oerptn. 6647; creamery extra, 54 e; standards. 64o; firsts, 49$4o; second, 42 047c; pack ing stock. 34 37 c Eggs Receipts, 15.284 ; miscellaneous, $8 $ 40c: ordinary firsts. 86937c; extra. 42 9 43 He (storage) ; checks, 83934 Ho; dirts, 84e35c. Cheese Twins. 28 e; dairies. 29 9 80e; Young Americss. 30 H 9 31c; long horns, 80 9 $Ie; brick, 29i29e. Live Poultry Turkeys, - 85e; ehiekens, 8 So; roosters, 20o; geese, 20c; ducks, 35a ... - " '''. Minneapolis Cask Grata . Minneapolis Cash wheat: No. 1 Northern, $1.801.82; dark Northern, $2.75 8.10; No. a, $2.65 3.00; No. 3 red spring, $2.65(4 2 75; No. 3. $2.5092.75; No. 1 dark, hard Montana. $2.90: No. 1 hard Montana, $2.8; No. 1 durum. $2.44 92.66; No. 2. $2,609 2.64. . Corn No. 8 mixed. $190 1.92. Oats No. 2 white, $1.0194 02. Barley Good to fancy, $1.69 9 I. $8; 'medi um to good. $1.48 91-68; lower grade. $1.89 91,47; No. 2 rye. $1.88 91.87. Kw- Tork Batter aad Eggs New York. May 22. L N. S.) Butter Market steady. Creamery extras, 619 64ei do firsts, 89 9 83e; do higher scoring, 62 9 65 He. - Cheese .Market Irregular. Whole milk p- eials, 28 H 9 32c; do fancy. - 27 9 30c; whole milk, fancy Yeung Americas. 8e; skims, p eials, IV 9 22c; do choice. 17 9 19e;. do fair to good. 1 2 1 6c : lower grade, 5 910c Eggs Msrket quiet; nearby white, fancy, 53e; do brown, fanay, 50 9 52c; extra. 49 9 49 He; first, 44948e. v - Ii i Wew Tork -Potato Market New York, May 22. (L N. 8.) Potatoes . In bulk, barrel or bag, market steady. Nearby white. $10.00912.60; Bermudas, $10,009 18.00; southerns, telle. - . Overbeck & Ccoke Co. Stocks, Bonds Cotton, Grain, Etc.' DIRECT PRIVATE WIRES TO ALL . EXCHANGES' Members Chicago Board of Trade Correspondents of Logan A Bryan Chicago iNew Kork 1 18-117 Board of Trad Build lag Walter At Frost Walter A. Frost.' formerly head of one of the largest food brokerage concern Of th middle west, assumed the nrest dency of the A. Rupert Company, Ina, last week.-' The plants operated by the company have a capacity Of three- fourths of a . million cases of fruit and vegetables a season. ' Frost announced .Friday that th policy of the company , will not be changed except to develop the fruit ln dustry and bring about a closer affili ation of Interests with the growers. previous plans to expend more than $2,000,000 for raw materials this year win. nava to be curtailed, aatd Frott, because - of sugar scarcity and the les sened demand of - the public for canned goods because of high cost of living, r Hew 'Yerk Wool asd Hides New York, May 22. (I N. 8 )Wool Msrket linn. Dom ratio XX Ohio, 68cfI.O0; domestic pulled, scoured bssia, 0e( $1.70; n mestio Texas, scoured baaia, 83e9$1.92. " Hides Market ouu. Native steers, 35 9S4; Bag Market Bad ' New Tork services Bar the prtssitm of knpl.n nods ea the market has been increased by news of the ktrgast April htpreata wver nude to -the United States from Cek-uUa. Puly 129.000,000 yards ware sent out. The largmt previous total was in august oi lass year, l io.ooo.000 yards. Xrw.Tork Ssrsr and Coffee New Yort.'May Sf2. fU. P.l Coffee M 7 Hie, 16 918e; No. 4 Saute, 28 9 24 Hot ( Bnmr Firmer; raw. $28.75; refined, firm; granulated. $22.50928.00. r Hew Tork-Loadoa Silver New York. May 22. (I N, 8.) Bar stlvsv was le higher today at 100. London. May S2. (L N. ! 8,) Bar saver was Hd higher st 69 d. Chicago Potato Market Chicago. May 22. (I. N. 8.) Potatnes RecOtiet 87 ears. Minnesota. Dakota and Ohio. $7.50 9 7.60. .. t ' ' .' Chicago Cash Wheat Chinsp. May 22. (IJ. p.) Cash Wheat: Ho. 2 hard, $2.91. Saa Fran risen Grain Market ssn rraneasaa. May 82. -U, P.) Spot feed, per cental. $3.40 9 8.30. Chicago Grain Is Generally Lowe. Cntesre. M 22. (I. N. 8.1 Kar'v tr'-- en the board of trade today ranrrd rncH,r en short covering doe to reports of reneirnd re port of Wheat, ry and MU Arotinl i sessioa th shorts flnfched covering aud . -th inflnenc ot a break of 4 to 6 cents in i n cor and 4 to IO cent tn cash pets Immdati. i Started ia futures, com slumping frrrm it ear.. kigh mark as mech as 8 He and oats 8 He . Numerous stop loss orders were uneoverd pi the way down, bnt when the selling tt .u ' spent itself, price turned upward and the mirt i-: closed on a rally that left price -in th n pornoocl ot rrilay s close. At the tneide prtres. May corn was UH Under the closing previous Hatunlar. July co a off 23 e snd September; 18 He. -May oats at their lowest for tb da? j a decline of 9S, July of 8 and hepn-mJ. r ot 8 He for th week. May ry -il ' bvider th prveedlng 8atnrrlay at on time a July 29 e and 8eptemrxr 2M(re2Hc oft.. Uomparen witn tn preerUng clone. Hay or-n WSS 298H lower, July H oil and H'vieur ' 9 le. - Oat showed i more tesiManee, Just before the eluw tb spot aituauon f t tne May delivery sharply lower with a e- , $9$seft. Jsly finished 9 s ht.er snd September 1 H 9 1 better. Provision trails Was thiU Snd Weak, with tntf!.- rapport larking and declines being esiablisut sssily when th break ;auie ifl grains. May ... July . . . September May . s . July ... September 1 ay ... July ... Open.- . 180 . 160 .. 153 Chicago rang, by tTnBed Press: COUN Mich. 181 H 161 H IfiS OATS . . 100 191 .. 35 j 87 . . 78 174 PORK ..$400 - 842S .... ,3420 8425 -.LARO ..2013 . .2083 Low. Clin. 178 17 154 1M , f46H lis . P6H P'i 84 8rt . 72 74 3400 8400 3400 34UJ May ,. . July ... May v . . July .... .. .1828 .. .1820 2020 2097 RISK 125 1833 2005 2080 2oos 20SO 174.5 17s 1802 lftu- Walla Walla Eain Is Aid to Grain Walla Walla, Wash , May 22. Cool wea'W with occasional rains is making this month i i- -l for wheat in this section, ac-rording to retmr of fasmers. The eonl aixi cloudy days of tie last two weeks ar conserving tli moiMur tHnt falls to aa axtant that will mean much, t: ssy, when th hot winds of Jun come. AH ' the ranchers in this sec-tioa are reporlbig Un-ir grain to be in first-clas condition. The local strawberry season opened her tv!s!T when a number of eases ' wer shipped in th FTsewgter district of the valley. ll l River berries are alfo on tiie msrket here ai i at Walla Walla. Kennewiek berrius are expej-t, 1 within a Week. The local fruit i retsiniig si 80c per box whil California berries are down to kSo. FOREIGN EXCHANGE RATES Correebrd daily by foreign exrhsng department of the Caited Klata national bank. Opening nominal rate for hsuk transntJ .r h: 1 mitts , Cable Par Checkj. Transfers. Yshia Lcndoa Peonrls Sterling ..A 8.88 $ $ 84 $ 4 8i Pari kranesv. 7.29 7.80 6.1rtJi Hamburg-Bttrlia-vr Marks .... 2.40 2 40 232 Genoa L4re . 6.23 6. 2d 6.1hJ0 Corwnhagea , Kroner ... 19.30 - 16.40 26.83 Chrwtiania Kroner ... 18.00 18.10 26,80 Sbx-kbolm Kroner ... 21.00 21.10. 26 SO Hongkong . Curreney 83.35 $8.73 ....... Yokohama- Yn ..... 61.00 61.50 43.30 Good Broccoli Returns Lebanon, May 22. George Baertlein, s fsrre-r tiring south of here, wlm hs been groin3 broccoli with ether erop. sold $400 worth fr . ii tw erres ha bad tn that crop this year. t. Baertlein figures that must ot this is profit he see u red euougti ew feed froia the piams to psy tor th tun of putting it in 'and cam e for the crop. The crop was harvested in A i i i when ther was not much other work to do. 'laSftlf: ...... . VI 1 Splendid Investments r-r-.-VL-. '' a 'QHscrfj'ti? iiif -tmmmimimmMmmr Oitr "f- i l! Ui '.!i:;;!::i';!i"''iF'''"!,!-i i u.iil I ii North wcit Rlunicipili $30,000 Tax Exempt Road and Endue Bond Franklin County, Washington I . Yield 5.50 1 DeteI October IS, 1919. Estimated Maturities 1924-39 Optional altar Oetobsir 15, 1924 i TPHESE securities are backed by one Of the most active, prosperous and rapi'Hv growing counties tn tha Northwest. They constitute a direct general obllgatiori of the entire county. . Fanklin county has an area of 120$ mites and Is in a diversified farming rftrina and has a high yield of wheat, It is also a stock raising section. I'aaco. a thriv ing city is th county seat. . Principal aad semi-annual Interest payable at the office of the ' County Treasurer, Paseo r casvvat lOwlMiuMss aOoLiAaa V Telephono or Telegraph Orderg at Our Expert IVIorris Broth q me cTAePremtercMuructpaJSondlous9 Morris Bldg, 808.11 Stark BL. Bet. Fifth aad Sixth ' Telephone Broadway 8151 tsvasusetc Ovr Qusstrs Ctwvorv , 1 $150,000 STOCK OFFERING 'y ' j op ! The: Western Rubber Company j OF TAC0MA, WASHINGTON ! PORTLAND BRANCH OFFICE 903 We BaANK BUILDING i PORTLAND, OREGON The PscifiC Highway, ihe most traveled road in the Northwest, runs in front of the premises of the Western Rubber Company, in South Tacoma, Washington. The factory is ideally located, and has a ca pacity of 750 tires and 1,000 inner tubes per day which, with a little additional machinery, can be increased to 1,000 tires and 1.S00 inner tubes perday. . :",..".' Here will be manufactured the SOUND TIRE in an ever-lncreas!n? number.1 Mileage has to be put into a tire in-order to get mileage out of it. Depend upon it. mileage will be put into the SOUND TIRE. You ire invited to subscribe to the stock of this Company while it is still selling; at par.' It now bas assets in excess of a half million dollars. Your name and address on the lines below, when mailed to us. will bring; a booklet giving you full particulars of this attractive lnvest--ment, or we should like. to have you call in person at our Portland Branch Office, 903 Northwestern Bank Building, Portland, Oregon. Name . ( . Street No. City or Town .sss .J.