THE OREGON DAILY JOURNAL, PORTLAND. FRIDAY, MAY 28, 1920.
10
DAMAGE TO
VERY STRONG TONE
RULING IN BUTTER
DOHT SHIP FOB MOJfDAT
Owlag to the fact that Monday I a
holiday here aad all wholesale and re
tall hsaui will b closed, eoeatry talp
aer are advised aot to send anything- to
Froat street that will arrive oa that day.
There remains a rather firm tone in
the butter trade here While general
prices are showing no changes, reports
Indicate that as high as 6014c a pound
has been received for cube extras here
during the last 24 hours.
Effort Uv depress the pcie of batter bar
utterly failed and the report siren oat by a
morning paper recently to the effect that the
wrket waa weak, 'ia causing the general trade
to smile for tellers are aware of where these
reporu originate and for what purpose they arc
issued.
Hot only la there a vary food and active ton
for batter here bat 1 on Puget Hound the de
jnand continues in excess of offerings and there
ie standing order from . there for local inter
est to quota applies.
- Prints are holding firm with the stroos too
la cubes sod ail prices are unchanged.
Those desiring special information regarding
in market, shoald writ the Market Editor.
Oregon JrnimiL enclosing stamp for reply.
OLD POTATOES SHOWIXG A BISE
Farther rise In price is shown la aid pota
toes here, with general sales to retailers at 8
8 H a a poond and atill niche values forecast.
New stock a likewise firm or at 12 He a pound.
8TBAVBERBT PRICES ARK FIRM
Very firm market is showtns for strawberries
here. Pew Califoraians arrived and these sold
at $4.60 04.75 s crate. Local soft varieties
sold s t4.5O05.OO per crate, sceording to
quality, while Claras sold at S6.50 3 7.00.
ASPARAGUS PRICES ARE ROOSTED
Owing to the extreme shortage of offerings
the local market price for asparagus climbing.
General aalea were made during the 24 hours at
$2.75 par dosen bunches. Mo Walla Walla stock
here for several days.
CARLOAD OF CAHTALOTJPES SOOT
Portland will receive Its first carload ship
ment of cantaloupes for the. season during the
coming week.. At least two cars are rolling in
this direction from Brawley, Cel. Watermelons
are eifering there but are se high that the
trad here baa not yet bought.
.iff! AT MARKETS ARE STEADY HERE
At the lower prices quoted, the market for
country killed calves is again steady along Front
street. Receipts continue liberal. Bogs are
tUto steady with a good volume of offerings.
BRIEF WOTES OF PRODUCE TRADE
Carload of Cuban pineapples about cleaned up,
-,' Red onions continue to weaken here.
Cabbage market steadier at 2 4c pound,
according to quality.
' Egg trade Is easier but prices are nnnninnnl
for the day.
General poultry trade is about unchanged:
stuff easy.
WEATHER HOTICE FOR SHIPPERS
Weather bureau advises:
Protect shipments during the next 88 hours
against the following maximum temperature:
Ooing north. 60 degrees; northeast over 8.. P.
at a. . R. &.. 70 degrees; east to Baker, 70 de
grees, and south to Ashland. 75 degrees. Maxi
mum temperature at Portland tomorrow about
05 degrees.
WHOLESALE PRICES IK PORTLAJTD
These are priees retailers pay wholesalers, ex
cept $s otherwise noted :
- Dairy Products"
BDTTETt Selling price, box lots: Creamery.
grime parchment wrapped. 64e lb.; prime first,
2e lb.; firsts, 6 In lb.; smaller lota st sn ad
vance. - Jobbing prices: cube extras, 40H9
0 He lb.; prime firsts, 484c
BTJTTERFAT Portlknd delivery basis. $$
B6e; country stations, 61 62e. . -
OLEOMARGARINE Host brands. 40c; ordi
nary. SB He; bakers, 83c; nutmargsrine. 1. In.
cartons. 82c lb.
CHEESE Selling price: Tillamook, fresh
Oregon, fancy triplets, 83 36c lb.; Young
America., 87 38c Prices to jobbers f. o. b.,
Tillamook triplets, S2c; Toung America, 8 Sc.
Belling price: Cream, bricks, 40 42s. Selling
price: Block Swiss. 48 0 4 Bo;, llmburgef. 40 0
42e per lb. . . .
KOS Buying prices: Current receipt.
87c: candled, selling pric. 41c: select. 42c
LIVE POULTRY Selling irlee: Heavy
hens. 84 8. "in; light hens, 80e; spring
light, 80c; heavy. 8Se lb.; old roosters. 20c
lb.; squabs. $8.00; pigeons. $1.50 3 00
Alfalfa, fruit, hogs, cattle and wa
ter in abundance have made the
Takima Valley the most produc
tive and the wealthiest agricultur
al district in the Northwest. The
city of
Toppenish
by virtue of its location. Is the
central community of this vast
trade empire. There is no com
munity in the Northwest increas
ing In wealth and in population as
rapidly aa Toppenish. There are
three great sugar refineries at
and near Toppenish. The new re
finery of the Utah-Idaho Sugar
Co. at Toppenish cost $1,250,000.
The government has Just complet
ed a canal for irrigating 80,000
acres of additional lands tribu
tary to Toppenish.
We own and offer subject to
prior sale $122,000 City of Top
penish 7 street improvement
bonds, maturing serially during
one to ten years. Price for any
maturity par and accrued interest
to yield
laeoms Tax Exempt
Wire orders collect.
8tate maturity preferred
Sscomo Ftooa5' Maim 646
' NORTHWESTERN BANK. BLOG.
etoeks. Bonds, 'to, erala, Ete.
tl-$lf Beard of Trade Building
Overbeck&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
. tferahers Chicago Board of Trade'
: - -
... CorrespoadeaU ; ef Legaa Bryaa
CaUaVim , - , 3l XO., .
HOOD RIVER
WHEAT TRADING TO
BE RESUMED HERE
NORTHWEST GRAIN RECEIPTS
- uars-
Wheat. Barley. Flour Oats. Hay.
Portland. Pri.... 61
Tear ago ... ...
Season to date.. .8482 185 8882
Year ago.: .7484 1097 2719
Ta corns, Thurs . . 6 ... 7
to date.. .70X9 ' 99 8170
Tear ago. i 6893 45 ...
Seattle, Thur.... 18 3 2
Season to date... 6168 247 1162
Ittsrago.i 634a 97 1867
612 2192
752 3164
177 izh
109 12IT
2
645 1228
607 2556
With only a few days remaining for
the United Stasis Grain corporation to
remain in business, much interest is at
tached to the future trade in the wheat
market. ) Recent contracting at interior
Oregon points, while of small yolume,
baa been at extremely high values. ' .
That wheat trading on the Portland and other
exchanges will be resumed within the immediate
future is i indicated in the market generally.
Owing to the fact that government control has
existed for so long a period the trade is some
whst at sea as to what opening values on the
market will be.
Extreme strength is the feedstuff market of
late has been due to the fact that not only
is the season backward but feeding hsa been
necessary this season for a longer period than
usual. J .
FLOUR Selling pric. miUdoor: Patent.
813.75; Montana spring wheat. $14.85; Willam
ette valley brands, $11.20; local straight.
$11.20; bakers' local, $13.60; graham, $11.50.
Prices for city deliveries for five-barrel lota.
HAT Buying prices: Willamette timothy,
fancy. $32.00 par ton: vetch. $80.00;- cheat.
$22.00 e 28 OO; straw, $10.00; clover. $31.00;
grain, $25.00: alfalfa. $35.00036.00 a ton.
GRAIN SACKS Nominal. New crop deliv
ery. No. 1 Calcutta, 21H22 in car lots;
less amounts higher.
MILLSTCFFS Mm run at mills, sacked.
$56.00 9 57.00.
OATS Per ton. buying price: Feed. $70,000
70.60.
BARLEY Buying price: Feed. $66,009
66.80; milling. $67.00 9 67.60; rolled barley,
selling price, $71.00 ton.
Merchants' exchange bids; '
I FEED OATS
1 May.
Standard feed ........ . 7000
June.
7000
6750
6650
July.
7060
6650
6500
BARLEY
No. 8 blue .
Standard feed
6750
6650
No. 8 yellow
7500
7400 7260
Hew York Batter and Eggs
New York, Bfay 28. Butter Market easy.
Creamery extras, 69 962c; firsts, 67 9 59c;
higher scoring, 59 H 9 63c; state dairy tubs,
45968Hc; renovated extras, 54 55c.
Cheese Market weaker, 28 H 9 32c.
Egg Market irregular. Nearby white, fancy,
B2&63e; brown. 48 9 49c; extra, 47 9 47 He;
firsts, 41 9 42 He,
New Tork Wool aad Hides
New York, May 28. (L N. S.) Wool
Market firm; domestic fleece' XX Ohio, 68a 9
$1.00; domestic- pulled scoured bards, 60c9
$1.70; domestic Texas scoured basis. 8 5c 9
$1.92. i
Hides Market inactive; native steers, 85 9
36c; brsnded steers. 33c
Sew Tork Potato Market
New York, May 28. (I. N. S.1 Potatoes
(in balk, barrel or bag) Market firmer; near
by white.; $10,009 12.50; Bermudas. $10,009
17.00: southerns. $6.00917.00.-
i Naval Stores Market
" New York, May 28. U. N. 8 Turpentine:
Savannah, $1.75: New York. $2.27 H.
Rosin Savannah. $13,80 9 14.00; New York.
$19.60. I .-:
f Chicago Potato Market
Chicago, May 28. (1. N. S.l Potatoes:
Receipts, i 18 cars. , Minnesota, Dakota. Ohio
and Wisconsin, $7.50 9 7.75.
dosen; turkeys, live, ) lb.; dressed, 4 60
Per lb. j
1 Fresh Vegetable and Fruit
FRESH FRUIT Oranges, $4.759 7.09 per
box; bananas. 11 911 He lb.; lemons. $4,75 9
6.25 per crate; Florida grapefruit. $7,50 9
8.60; California. $3.75.
APPLKS Various varieties, local. $1,25 9
4.00.
DRIED FRT7IT Dates, Dromedaries, $7.50;
Fards, $4.00 per box: raisins, 8 crown - loose
Musratel. 16c per lb.; figs. $8.50 9 5.50 box.
ONIONS Selling price to retailer, new red.
$3.50 9 3.75 per cwt.; California yellow. $2.50;
white, $2.75 9 8.00 crate: garlic, 35e per lb.;
green onions. 40a per dosen bunches, onion
sets. 17 918c per lb.
POTATOES Selling price: Oregon fancy,
$8.00 9 850; Gems, $8.50 cwt; buying price,
$6.2598.50; new. 12He lb.
BERRIES Strawberries. California r Dollars.
$4.75; Oregon Dollars. $4.50 9 5.00; Clark
seedling. $6.60 9 7.00.
VEGETABLES Turnips. 90e ner dosen
I bunches. carrots. $4.00 04.50 sack; beets.
I 85c dosen bunches; esbbage. California,
zeosc; .lettuce, az.oiws.uu per crate; cu
cumber,; $2.60 per dosen; tomatoes, $3.00
98.25;1 egg plant. 60c lb.; brooolU. $1.25
9 2.25: bell peppers. 75c; sprouts, 17e per lb.;
celery, $1.50 per dosen; pes. 10 912e lb.;
artichokes, (1.50 per dosen; asparagus. Oregon.
$2.76 dosen bunches; Walla . Walls, $2.25
pyramid.!
i Meats and Prevision
COUNTRY MKAT8 Selling price: Country
hogs, 19920c for top blockers; heavy, 16o:
best veal. 18c: heavy veal. 12 918c per ft.
SMOKED MEATS Ham. 39 044c per lb. ;
breakfast bacon, 85 0 56c; picnics, 26o per lb.;
cottage roll, 88c per lb.
LARD Kettle rendered, 27n lb. ; standard,
25c; tierce basis compound, 24c.
Pish and hsfmatt
FRESH FISH Salmon, freah Chinook. 20 0
22c: halibut., trashy 16 0 20c lb.; sturgeon.
) ; black cod. 10 011c lb. ; silver smelt.
lOo per lb.; kippered salmon, $2.50 per' 10-lb.
basket; k.-prpered ced, $2.85; Columbia smelt,
5c per lb,; raxor clams, ( ) box; crabs, $2.50
9 3.60 dosen: roe shad, 1 0c lb.; dressed had.
6 0 6c; ling cod, 6 0 8 lb. .
SUGAR Nominal 'prices, refinery bads:
Cube. $25.1.0; fruit and berry. $24.25; D
yellow. $23.66; granulated, $24.25; extra O,
$23.85; golden O, $23.75.
HONEYi New. $7.000 7.50 ease,
RICE Japan stsyle. No, 1. 18 He: New
Orleans head. ) -. Blue Ross. 16 4c per lb.
SALT Coarse, half ground, 100. '- $17.25
Kr tonr 60s, $16.75; table dariy. Sua, $17.25;
lea, $3 30 0 4.00; fsncy table and dairy,
$30.50; lump rock, $26.50 pee ton,
BEANS (Sales by jobbers) Small white,
7He per lb. I large white. 74e lb.; pink, SHe
lb. ; limas, 12 He; bayou. 11 He: reds. 10Hc;
Oregon besns buying prices xtomiasl, 6 He lb.
CANNED MILK Carnation. $6.35; Borden.
$6.85; Aster, $6.25; Eagle. $11.25; Libby.
$6.25; Mount Vernon, $6.25 per ease.
CO FFE Roasted. 84 & 48c in sacks of
drama t '
SODA CRACKERS Tn bulk, 17 He per lb.
NUTS Walnuts, 85 0 4Oe per lb.; alasonda.
S8e; filberts. 32c in sack lots; peanuts. 15 0
loci pecans. 26e: Brasila. SOo. -
That is sufficient
reason for placing
the management of
your income prop
erty in the hands
of specialists.
. - w COSBCTT tMJH.fMNC J OSCGOw
s rroiecung
THE
Investment
That i is sufficient 1
APPLE CROP
HIGHER OPENING
OF STOCK MARKET
New York. -"Hay 28. (TJ. - P.) The New
York Evening Sua financial review says:
There was very little ebang in the position
of the investment and speculative markets, but
the atmosphere of eheerfulneas which has char
acterised trading in the last few sessions was
present. Business in stocks feU to extremely
small proportions and priee movements foe the
must part were indecisive, although the under
tone of the list was firm.
The favorable committee report on the Mc
Nary bill , prohibiting the exportation of tugs'
was responsible for thv drive against the sugsr
shares. Baldwin sold off several points from
its early high when it was leaned that directors
had declared only the regular dividend on the
common stock. Other equipment shares were ail
strong. American Locomobile touching 98,
American Oar as Foundry aad Haskell s Barker
showing gain of 2 points or more.
Despite the sluggishness, the market showed
very plainly that the line of least resistance was
stilt upward. The oils and tobaccos were very
strong. United States Steel held firm above
94. Studebaker crossed 68 for a gain of more
than 3 points, while 8tromberg Carburetor ad
vanced more than 6 points to above 75. , The
final tone was firm. -
New Tork. May . 28. (TJ. P.) Stocks
on the New York Stock Exchange were
generally higher on the opening today.
Retail Stores waa up , American Loco
motiwa opened up ' Crucible up V4.
Pan-American Petroleum up Read
ing up . Baldwin up , U. S. Steel off
General Motors up H, Studebaker up
, Sinclair up .
Oils and tobacco shares wsre leaders at the
opening, Pan-American Petroleum within 10
minutes ran from 104 on the first sale, which
was K up, to 104 H . This was aa advance
of nearly 14 points over last week's low. At
166, Mexican Petroleum wss up 1. It then
went to a new high on the present recovery at
177 H.
8teet common mad a new high on recovery
Ft 94 . This was up 4 S4 Jrora the recent low.
Jther steels responded sympathetically. Equip
ments continued their advance, Baldwin making
an early high at 116. -
People's Gas sold at 36 H. up 2 H.
Traders were encouraged by the action of
the Anthracite miners at Wilkesberre. Pa., de
ciding not to strike, end the attitude at finan
cial circles was that the wont of the labor
trouble was over.
The market closed firm. ?
- The last half hour was featured by a shaSerT
advance in Studebaker, which carried it above
69, 10 points above the low of several days sgo.
Other motors advanced slightly in sympathy.
Tobacco stocks made new highs, t Retail Store
sold at 77 and Tobacco Products above 69,
Furnished by" Overbeck A Caox Co.. Board
of Trade building: i -
1'KSCKIPTION: Open 1 High low ; Clese
Alaska Gold 1H lU" .Hi aH
AlUs-Chalmers 83 84 H $34 84
Alloy Steel . 43 43 4.3 48
Am. Agr. Chem . . . 88
Am. Beet Sugar... 90 91 89 H 89 H
Am. Can. c 87K 894 37 80
Am. Car Fdy. ... . 1854 186 135 185
Am. Cotton Oil... 45 H 45 H 45 H 44 H
Am. Hide A L.. e. . 18 19 18 18 H
Am. Int'l Corp.... 84 85 $4 85
Am, Unseed, e. . . . 86 88 84 84
Am. Loco., c 96 H 98 96 H 97 -
Am. Ship & Com.. 20 20 19 20 H
Am. Smelter, c. .. . 61 61 H 60 60
Am. Steel Fdy.,... 89 89 89 89
Am. Sugar, 0. L26127 126 H 126
Am. Sum. Tobacco. 87 89 87 88 H
Am. Tel. Tel. . . . 93 93 H 93 98
Am. Tobbaoo 221
Am. Woolen, e 97 98 96 97
Am. .Zinc . ..... 14 H
Anseonda Min. Co. 67 H 58 57 H 58 H
Atchison, c 80 81 79 80
Baldwin Looo.. c. 115 118 113 114
BsJt. V Ohio. o. . . 81 82 H 81 82
Bethlehem Steel. B. 00 90 89 90
B. R. T. ...J .....I....7K11
Butte and Superior 22
Canadian Psoifio ..116 117 116 116
Central Leather, e. 65 66 65 66
Ohea. it Ohio -68 63 52 63
C. Gt Western, o. 7H 7H 7 T H
C M. & St. Paul. 88 84 82 83
Chi. . Northwest. 80 82 80 82' i-.
Chile Copper 16 16 15 16
Chioo Copper .... 82 H 82 32 H
CrJo. Fuel Ac Iron 82
ConsclKlsted Gs . 81 82 81 81 H
Corn Products, e. . 94 H 95 H 94 94 H
Oucible Steel, c. 136 138 133 138
Erie, c Tl 11 f I1
General Electric... 144 H 145 144 H 144 H
General Motors ... 28 28 27 H 27
Gt. Northern Ore . . 85 86 35 35
Gt. Northern Ry. . . 78 74 H 73 74
Greene Canaaea ... 31 : 81 80 H 80
Gulf States Steel.. 62 62 62 61
Illinois Central , 84
Industrial Alcohol.. 85 86 H 85 86
Inspiration Copper. 52 68 52 58
International Paper 72 - 72 70 71 4
Inter. Harvester... 125 125 125 124
Int. Merc Marine, e 81 H 81 H 81 31 H
International Nickel 18 18 H 18 18
K C Southern., c. 16 16 16 16
Kennecott Copper.. 27 H 28 27 H 28
Lackawanna Steel 70
Lehigh VaUey ... 41 H 42 41 H 42
Maxwell Motors, c 24
Middle States Oil.. 26 26 24 25
Mexican Petroleum. 1 7 1179 176 177
Miami Copper 20 - 20 20 20 .
Midvate Steel 42 42 H 42 42
Missouri Pac. e... 24 23 24 25
National Enamel 68
National Lead .... 76 70 78 76
Nevada Goo. 18
New Haven .. 29 80 29 80
N. Y. Air Brake - 99
N. Y. Central..... 69 H . 71 69 70
Norfolk Western 88 H
Northern Pacific . . 74 75 . 74 . 74 H
Pacific Mail . .. $1
Fin-Am. Pet. 6... 104 106 103 104
Peana. By. 89 89 80 89
Peoples Gaa ..... 35 86 85 86
Pittsburg Coal ..... ..... 67
Pressed Steel Oar. c . . . . - . . . 98
Ray Cona. Copper.. 17 17 H 17 17
Ry. Steel Springs 95
Reading, c 84 -85 83 84
Royal Dutch 115 115 114 115
Rock Island, c . .. 83 86 35 $6
Bhattuck Copper... . . . . . . . . . . . . 9
Sinclair Cons 82 33 32 82
Sloes Sheffield.... 65 ' 65 64 H 64,
Southern Pacific... 934 93 93 95
Southern By., e... 22 22 22 22
Studebaker, e..... 66 69 65 68
Shell 75 75 75 75
St. L. 4 8. F. ... . 24H 25 24 25
Swift efc Co. ...... 110 110 110 11
Tenn. Copper 10 10 10 19
Texas OU 47 48 47 47
Trana Oil 14 14 14 14
Union Pacific c... liar 117 116 11V
do pfd. 68
V. S. Rubber, e. . . 95 95 94 94
U. 8. smu t aV Ret. . . . , 60
U. 8. Steel, e. . . . 98 94 98 94
Utah Copper ..... 70 71 70 68
Vanadium Steel . . 74 73 74 74
Vs. Chemical, e. . . 74 74 78 74
Wabaeh, . . . j 7 7 7 7
Western Union ... 83 88 83 82
West. Electric 48 48 '48 HI 48
Willys Overland .. Hit 114 17T 17H
Total sates, bonds. , $16,192,000. .
DAlBT PEODCCe OF THE COAST
: San Frenoise Market
SaaFrneiaeo, May 28. (0. P.)
-Butter
Ejttra. B4Hc; prun nrsts, as He.
Eggs Extras. 44c; firsts. 40 He; extra PUl
lets, 87 He; undentised pulleto, 81 He
Cheese California flats, fancy, ' 27e; first
3o. )
.Lee Angel Market
Lo Angeles. CaL. May 28. (L N. g.)
Butter, 64c
Eggs Extras. 42c; case coast. 40c; pallets.
asc; peewees, zae. '
Live poultry Hens, 22c to
26c; fryers. 33c .
28c; broilers.
SeatUe. May 28 (D. p.) Butter
creamAry. extra cubes, 63c; bricks, 54c.
City
t-ggs Fresh ranch, 45c :
. Raw milk Per cwt.. $2.65. '
POTATOES ALONG THE COAST
; San Fraocisce Rlarket
' San Francisco, May 28. (TJ. P.) Pota
toesNew crop, 89c; old crop, $8.60 0 9.00
per cental. -: 1
Onions Tallow and white. Australian brown.
$6.607.00. j "
Field peas, 5 3 c : J
Lo Anfglat Market
Los Aage, CaL, May 28. (L ,N. 8.)
Pots toes : 8tockton Burbanks, fancy, $8.50
.00; Idaho russets, fancy.' $9-90; new stock,
local Early and White Rose. No. 1. $2.50 &
2.75: No. 2. $1.10 1.90 lugt sscked. No. 1,
$7.25 98.25. : -1 .
SeatU Market j'--
Seattle, May 28. IL N. 8.) Onion. Ore
gon, 7 He lb. i
Fotetoes Xakima Gems. $1.63: local. 11.50
IS NOW CONFIRMED
GENERALLY STEADY
TONE IN ALLEYS
i PORTLAND LIVESTOCK BUN -
Hogs. Cattle. Calves. Sheep
Friday .......... 882 272 6 1112
Week sgo ...... 192 ... ... 651
3 weeks ago..... 109 8$ 19 60
4 weeks ago..... 375 ... : 818
Tear ago ...... 218 1 ... 834
2 years ago.... 684 209 7 810
3 years sgo.... 836 49 ..162 136
4 years ago. . . . 625 72 7 849
There was quite a liberal supply of
livestock reported in the alleys for the
day, but some of the bogs and cattle
were for outside packers. Hogs and
cattle were steady, lambs were steady,
while sheep were easier.
Hog buyers did aot pay the extreme price
for offerings in the North Portland alleys dur
ing the day because there was nothing avsilable
ef that quality.. In general the market was
considered steady.
General liug market range:
Prime mixed 1 ..... $14.50 m 14.75
Medium mixed ............. 14.00014. 60
Rough h caries . 10.00 11.00
Piga . 11.00 913.00
Smooth heavies 1100 12.75
OetUe Trad Steady
Cattle market situation indicated a steady
tcne for the Friday trade at North Portland
There was a fair run. but some of this went
tr outside killers, direct from the country,
prices held stationary. .
""General cattle market rang: -
Bert beef steers. . .$12 25 lS.BO
Choice grass steers 11.5012.25
folee steers .......... 1 1.50 12.25
Good to choice steers 11.00 91 1.50
Medium to good steer. ....... xo.uu 0 l s.uu
Fair to good steers. . . . . 9.00 10.00
Comone to fair steers ..... 8.00 9.00
Choice cows aad heifers...... 10.25 11.00
Good to choice cows and heifers ' 9.00 910.25
Medium to good cows and heifers
Fair to medium cows and heifers
Canners ............ . . ....
Bulls
Best light calves .............
Medium calves .............
Heavy calve, ..............
Stockers and feeders. .........
8.00 9 00
7.00 9 8.00
5.00 9 6.00
6.00 9 9.00
. .. 12.00 916.00
.... 8.00911-00
... 6.00 9 8.60
, .. 8.00 9 8.50
Easier
Sheep Undertone
81ightly easier undertone was shown in the
sheep trade generally for the Friday market
at North Portland. There was a liberal run.
Prices reflected no change. Lambs were con
sidered about steady.
General sheep and lamb range: - .
Poring lambs $lf 00 f 18.50
Cull lambs 900 911.00
Yearling 200 10.-,.
Wether 7.00 g 9.00
Ewe -8.00 9 8.00
Thursday afternoon Sal
STEERS
No. Av. lbs.
1 680
- 1. . . . 980
4 1020
Price I No. Av. lbs. Priee
$ 9.50 I 1. 60O $ 9.60
11.25 1.... 850 11.25
11.25 1
COWS
1...; 930
1....1030
1.... 640
1.... 800
1.... 880
$ 9.25
9.25
7.50
5.00
8.50
8.50
8.00
980 $11.00
930
670
960
8.00
8.00
10.25
9.25
7.00
.1210
. 950
1. . .
1...
. 920
.1050
BULLS
,1520
.1170
$ T.75 J
8.50
1 1520 $ T.75
1 8TAGS
1.... 969 $ 9.50 I
HOGS
.... 141 $12.50
1.... 130 12.60
1. .. . 2O0 14.60
2. . ... 225 14.50
3. . . . 410 . 12.00
1. .: . 310 .12.50
4. ... 195. 14.50
14... 280 14.50
6.... 205 14.50
330
120
310
182
203
233
240
176
430
$13.60
12.60
14.00
14.50
14.50
14.60
14.50
14.50
12.00
0 a a
1
5
8.,..
14
2. . . .
5....
2
LAMBS
14..,
85. . .
5...
18. .i
28. . .
82. i.
40. . .
7...
1.;.
13. . .
3...
2...
10...
17...
1. ..
1...
1...
44
70
50
$ 9.00
18.28
12.50
"18.25
18.75
7....
18. .'. .
a
- 86. .
130
- 16-iVi
17
71
79
66
64
69
70
65
$18.00
18.23
18.25
18.50
13.50
11.00
9.00
18
61' 11,06
73 15.00
! : EWES
.124 $ 5.50 20...
112 8.00 13...
113 8.00 8. . .
120 8.00 1. . .
130 7.60 18...
130 6.00 1...
95 4.00
i . WEATHERS
120 $ S'SO
j - , BUCKS 0
160 $ 5.00 I 2...
200 5.60 J
160
139
153
150
112
90
8.00
6.00
6.00
9.00
8.00
4.00
145 $ 5.50
! Friday
Mernlnfl Salsa
tOWB
No.
Av. lb.
. . 735
I
..1230
.. sis
81
.. 75
. . 83
. . 67
.". tin
. . 100
.. 170
. . na
. . 118
Price. I No.
$8.60 1 26
Av. lbs.
.. 046
Price.
$ 9.65
STAGS
9.65 J
HOGS
$11.56
16..
185 $18.50
LAMBS
49.
2.
28.
18.
12.
8.
2.
3.
. 8.
$10.00
13.50
13.50
13.50
11:
12.,
65
26
68
$18.50
13.50
18.50
EWES
8 6.00
8.00
9.00
4.50
8.00
7..
7
140
150
140
110
t 8.00
7.50
10.00
6.00
8.00
1.,
1. .
8. ,
8. .
Increasing
Value
Abnormal conditions follow wars, causing high inter
est rates. We counsel the purchase of long-term securi
ties that are now selling well below their former prices,
thereby insuring high interest yields, even after the
return of pre-war. conditions.
i-, Noyr Is the Opportune
; f : v Time to Buy '
INCOME TAX EXEMPT
MUNICIPAL BONDS
' ; . - ' e . . : ... ; .. ,
THESE ARE A FEW
Power Co. Highway DJst., Idaho......
Columbia Irri. Dist., Wn ...........
Milton, Ore., Imps.........
Adams Co., Wn., Roads
Printville, Ore., Funding
Let us
selecting
m
II " II ' Mil
I iv vff3eeSi ' 4mJU Al I Haa ill f I
ii ii ri lir my i rn k ri VKir
Uikdof-iayorvtsiosyOrcsjon. fifaLm BaraK tng DeptdMuatJL
Bonds, Trusts, Acceptances
.. Lumbermen Bldg.
Edited by
Bymao H. Cohen
RAINFALL WELCOME
IN THE GRAIN BELTS
Recent rainfall has been generally wel
come all through the grain belt of the
Pacific Northwest. . Practically aU sec
tions have received - additional moisture
and the growing ; crops are especially
favorable at this time. ,
Oregon-Washington Railroad A Navigation
company report conditions i .
' -Spokane, Wash. Temperature from 29 to
66. Rainfall, .08 inch. Condition of soil and
pastures good. , Plenty of moisture. ' Grain in
fine condition. Need more warm weather. Re
port now indicate crops will be about a last
year. Fruit slightly damaged by frost.
Walla Walla, Wash. Temperature tress 41
to. 76. Rainfall. .04. Pastures and soil in
good condition. Crop reported below normal,
but improving, rapidly. Fruit about 75 per cent
of last year'. Weather favorable.
Tskims, Wash. - Temperature from 86 to 75,
Plenty of water. Pasture are good.
Lawiaton. Idaho. Temperature from 88 to
76. Precipitation. .27. Sufficient moisture.
Psstures in good condition. Prairie wheat looking-
well. Farmers still plowing for spring grain.
Winter wheat below normal aa to area. Lower
river wheat required considerable r seceding. Rais
in last few days increased local small crop pros
pect. Soft fruit looking wsU. except in Psna
wawa and -Almota sections. Weather (till want
ing slowly. Season somewhat backward.
Hood River. Temperature from 40 to 7 J.
Light showers during week. Soil in splendid con
dition. Strawberries in splendid condition. Pears,
other than Bsrtletts, still clinging to trees; look
safe. Some cherries still clinging. Cannot tell
much about apples until June. Looks like a good
set in most localities, but soma winter kill is
developing in certain spots in the valley. Some
individual growers are badly damaged, but on
the whole it is reasonably certain that crop will
equal that of last season; middle of June will
determine.
The Dalles.- Temperature from 87 to 74.
Precipitation, .93. - " .
La Grande. Temperature from 36 to 67.
Weather past' week cold and wet. Frost one
night, which did no damage, but delayed grow
ing crops. However, with warmer weather, which
now seems probable, the wheat and other grain ,
should show marked improvement. ' ' I
Imbler. Temperature from 48 to 76. Recent I
heavy rain assured plenty of moisture for next
couple of weeks. Fall grain in good condition.
Spring plowing practically all don. Spring plant
ing will be about finished this week.
Elgin. Temperature from 30 to 60. Weather
mostly cold with besvy rain. Fall wheat not
doing so well, but may come but. Spring work
nearly completed.
Wallowa. Weather cool. " About one inch
rainfall. Fall sown wheat looking good.
Enterprise. Temperature from 28 to 65.
About half inch rainfall. Seeding about com
pleted. Outlook for crop good, aa have had
heavy snowfall. Acreage not a large as last
year.
Joseph. Temperature from 85 to 60. Weath
er generally cold. Recent six inches wet snow
very beneficial to crops. Fall grain fair con
dition. Spring seeding just about completed.
Madras. Weather past week warm with, light
rain. Boil in good condition for growing grain,
which is looking good at this time. About av
erage acreage in spring and fall grain. Pros
pects at present favorable for good yield.
Baker. Temperature from 29 to 77. Pre
cipitation H .42. Additional moisture has helped
considerable. Grain condition unproved.
Wasco. Temperature from 48 to 69. No
rain. Crops in good condition, but needing
rain. . ,
Moro. Temperature from 84 to 62. No
rain. Soil in fair condition. Beginning to need
moisture for growing grain. Grain looking well.
Grass Valley. Temperature from 30 to 75.
Plenty of moisture. Growth of grain retarded
by recent cold weather. Warmer weather needed
st once. -
Shaniko. Temperature -from 87 to 54. No
precipitation. Plenty of moisture in soil for
growing crops. Both fall, and spring grain doing
well. - . .
Condon. Weather cool and dry No damae
to crops reported, but grain very backward.
lone. Growing grain doing iifio. Good rain
would help bit.
Julius H. Barnes. United States wheat director
and president of the ' grain corporation, advises:
"We desire to inform all licensee that by
proclamation of the president of May 25, 1920,
there is terminated all licensee effecting wheat
and wheat products snd cereal and cereal prod
uctseffective June 1, 1920, whether issued
under the license authority of the wheat guaranty
act of March 4, 1919, or under the original
food administration act of August 10, 1917.
This 1 formal advice that requirements under
that license authority for regular and special
reports and other license regulations are termin
ated aj of June 1." ...
"In accordance with the terms of the volun
tary -or utracts entered into between the grain
ectporation and various trades, particularly mill
ers, flour handlers and bakers, this is sdvioe
that under the provisions of that contract, the
grain corporaLtion announce as fair equivalent
o! the wheat guaranty price level, a price of
straight flour of the grain corporation acceptable
standards, a $10.75 track Baltimore, with the
usual differentials made by the grain corpora
tion. Attention is called to the fact that under
these contract if any of the trades desire' to
n-ske tenders of flour to the grain corporation
uiHler the provisions of those oontracte it re
quires their affirmative action and definite notice
to the grain corporation. Otherwkte it will be
understood that the oontracte expire without
this resale privilege . being used by the con
tractor. "JULIUS H, BARNES,
"United States Wheat Director. President U. S
Grain Corporation."
"In zone 10 for delivery at North Pseifie
coasc terminals, we announce a the fair equiva
lent of the wheat guaranty price level, a price of
straight flour of the grain corporation aooeptabla
standards, as $10 V. A. 8. or $9.90. track.
.
WE OFFER YOU:
Bate Maturity Yield
..Sy3 30-34 6
. . 6
. . 6
. .6
. .6
32-39 6.25
21-30 6
i
21-3 5
34-38
5.50
6
assist in
your bonds.
Jr7i
Mil
Notice of euoh tenders must be sude to Portland
office.
-M. H. HOTJ8KR,
; "Second Tie PrssidenC
. AMEBICA3T LITESTOCK PRICES
' . . v etiieae Hoo S1S.1S
Chicago. May 28. L K. 8.) Hogs Re
ceipt. 1! 4.000, active, 10 to- 1 to- higher. Bulk.
$14.40 915.10; tops, $13.15; heavyweight.
$14.159 16.00 medium weight.- $14,769
15.15; lightweight, $14.65 15.15 1 light lights,
$18.75 ft 15.00; . heavy packing sows, smooth,
$18.00918.85; packing sows, rough. $12,609
13.90: pigs. $11,50 9 14.00, .
Cattle Receipts, 5000. steady to 25c higher.
Beef steer, medium, sod haaryweight, $12.60
9J8.75; choice and prim. 81 2.60 13.75;
medium and good. $11.86 91290;.
Ugh tw eight: Good and choice, $12,50 9
18.75; common and medium, $10.00 12.60.
Butcher cattle, hellers. $7.78 912.00: cows,
$7.60911.00; bulls, f7.50911.00.
Canners and ' cutters,, cows and heifers. $4.75
7.50; canner steers. $6.25 9 8.50.
Veal calve light and handyweigbtV $11-60
914.60; feeder Stoet. $8.73 9 11.75: stock er
steers, $7.75 911-00; stock er cows and hetfers.
$7.2599.76; stock er calves, $7.60910.60.
SUeep Receipts, 5000; best, lambs strong to
higher. Others weak. - Sheep- lower. Lambs
(84 lbs.! down). $15.00 917.50; lambs (85
lbs. up), $14.00 9 17.60; lambs, culls snd
common, $10.60 9 14.00; spring lambs, $15.00
917.75: yearling wethers, $11.73914.75;
ewe. $7.50 910.75; ewes, ooLU and common,
$4.0097.00; feeder lamb. $11.00913.60.
Denser Hog $14.40
Denver, May 28. (U. P.) Cattle: Re
ceipts. 1400; strong. Steers. 810.60 918.00;
cows and heifers, $8.23 911.00; stocksrs and
feeders, $8.50 910.75; calves, $18.00 918.80.
Hogs Receipts. 600; steady. Top. $14.40;
bulk, $18.76 914.25.
Sheep Receipts. 65O0; tower; lamb. 814.80
915.26; ewes. $9,10910.00.
Kansas City Nog $14.70
Kansas City, Mo.. May 28. (L X. 8.)
Cattle. 1500; about steady. Steers, $9,009
12.50: cows and heifers. $8.00 911.00; stock
ers and feeders. $6.00 9 12.00; calves, $8,00 9
13.00. . -k
Hogs 8,000; steady to 10c lowsr. Top,
$14.70; bulk, 414.40 914.60; heavies, $14.25
914.50: lights. $14.40 914.70; mediums.
$14 80914.65; pigs, $11.00 912.50.
8hep 500; steady. Native spring lambs,
$16.00; Texas shorn wether. $9.50.
Sett Is Hoes fig
SeatUe. Wsah.. Msy 28. (I. N. S.)
HogsReceipt 86. . steady. Prime lights
814.50915; medium to choice, 618.609
14.50; rough heavies, $12.50 918; pigs, $11.60
912.50.
Cattle Receipts 56. steady; best steers.
$12.50918; medium to choice, $10912;
common to good, $7.50910; bulls, $7,509
$8.50; calves, $7.50 916; best cows and heifers,
$10.25 910.75; common to good cows, $7.00
9 10.
Sheep Receipt Bona
' Chicago Dairy Prod ace
Chicago. May 28 (L N. 8.) Butter: Re
ceipt. 11,137. Creamery sxtra. 62 Me: stand
ards. 62e: firsts. 47 9 61c; seconds. 419 46c;
packing stocks. 34 940c.
Eggs Receipts, 25,081 ease. MiseeBsnaou.
87 9 39c; ordinary firsts, 86 H 9 86 Mo: finite.
89 9 40c; extra. 42)4 9 48c; checks. 82 984c;
dirties. 88 935c
Cheese Twins new. 27c; dairies, 27 H 9 28c:
Toung Americas, 29 9 2914 c; Locghorn. 29 9
29 4c; brick. 28 V 9 29c.
f,ive nnultrv. ftAe? ehiekens ftjte XmH.M
45 55c; roosters, 20c; geese, 20c; ducks, 80c.
Batter Outpat Grows
Lebanon. May 28. The Lebanon Cream err
company is now making 18,000 pounds of but
ter per wee-. une day recently tney put out
4000 pounds. The largest market is Port
land, but cream is received from Eugene, Spring
field, Albany. Harrisburg, Brownsville, Crerwell,
Monroe. Shedd. Sdo, Mill City, Lyons and
numerous other neighboring cities.
' Minneapolis Cash. Grata
Minneapolis Cash wheat No. 1 dark northern.
$3.10 9 8.80; No. 2. . $8.00 9 8 02 ; No. 1
northern. $3.0098.15; No. 2,, $2.9098.12;
No. 1 red spring. $3.80 3.00; No. 8. $2.70
92.90; No, l dsrk hard Montana, $3.10; No.
hard Montana, .u: no. I durum. S'J.SSr
2.92; No. 2. $2.80 9 2.90; No. 3. $2,739
Corn No. $ yellow. $1.84 91.85. ,
Oats. No. 2 white, $1.04 H 9 1.05 Si ; No.
$1.0814 91.04 H.
Barley, good tn fancy, $1.5791.62; medium
to good. $1.46 91.66; lower grades, $1,83 9
1.45. . - . - . .
Jfew Torh-Londoa Silver
New Tork, May 28. (I. N. 8 ) Commercial
bar silver 2 cent tower today at $1.
London. May 28.- (L N. S.) Bar silvw
wss 1 Vsd lower today at 6714 4
P4
ThttvrU-fsMimi ,r
ss . r e,
rsuct tj jusiui st ornsstu
t0 tht BelgUn t fir it tf i utility
J
e ' 1 i ,y
aS?Sev . t
Belgium's Amazing
Belgium is an inspiring example of
the quick recovery of a war-torn
country. Commerce, industry, trans
portation, and finance the founda
tions of a nation's wealth are being
rapidly restored to the normal. :
Belgium is at work. Belgium is pro
ducing. Her industries . are, on! an
average, operating at about 75 iper
cent, of their pre-war capacity. Coal
production is keeping pace with the res
toration and expansion of her factories.
Belgium's commercial. progress is re
markable. Her exports td Holland,
France, Italy and Germany now sur
pass her imports. With England, she
is approaching a balance of trade. By
the end of 1920 it is expected that
Belgium will have the advantage of
a favorable trade balance.
Guaranty Trust Gompany of
New York London Liverpool Paris -
Capital and Surplus" $50,000,000 Resources
Early Grain Trade
Has No Support
Chicago. May 28 (L N.'S.) Sharp leases
in cash grain markets opened the way for bear
pressure on future ea the board of trad to
day and caused break from the early high
marks of 8o in July corn and 89 64e hi th
September and 6o in th May. The break in
eons carried the rest of th grain list snd pro
visions off sharply. (.-'-"-
At the close My corn was 5c under yester
day' finish. July off 4 14 9 6 14 c and September
4 14 944 e under. May oat finished 14 e low
er, July 214o down and September at' a loss
of lo.
Provisions ruled lower after opening a shad
stranger and declined briskly under scattered
selling induced by the weakness in grains despite
the higher market for hogs.
, Chicago. May 26. (I. K. S.) General
eotnmiarion house selling and s lack of buying
support os used corn to open 14 9 1 14 e lower.
Titers was a recovery later on buying to cover
ahorta .
The same condition prevailed 'la oat, which
started 14 9 14 e lower.
Provisions started strong, with limited offer
ings aad small demand.
Chicago rang At price furnished by United
' CORN
Open. High.
....... 190 19414
...... 167H 171
15514 15714
OATS
...... 10$ 104
...... 89 H 90 H
...... 7614 78 V
i PORK
8850 8350
..... ,845ft 8485 .
Low.
18814
162
150 H
Close.
180
163H
151
10
87: H
76 14
May
July
Sept.
May ,
July
Sept.
May ,
July
102
8714
7414
8840
8410,
$340
8415
2060
2115
1760
1880
' LAKO
Msy ...... Nominal
July .2115 2127
r... . : ' ' RIBS "
Msy . . . . . .-Nominal-
July 1842 1850
2110
1830
Holiday at Liverpool
TJverpcol. May 88. (L N.- S.) The eottoa
exchange is obaarring a holiday today.
TAX EXEMPT
1 BONDS
.
Teton County, Idalno
- Road and-Bridga
To Yield S.SO
Datwd July 1, 1919. Eat. maturitlea 192138
Denomination $1,000. PricaHo net 5.50
THESE bonds constitute a direct taxi general obligation of the entire crr
consisting of approximately 100,000 acres of Idaho's most pruiiilc
agricultural lands under cultivation. More than half of this is irrigated and
produces bumper crops of wheat, oats, alfalfa, sugar beets, potatoes, peas
and other vegetables. Farming, dairying and stock-raising constitute th
chief industries..
Principal and Sami-Annual Intaroat Payable at
T Chase National Bank, New York
, ,; Telephone or Telegraph Order at Our Expense
hwlnoDic RonTHPRC inc
r 'Va B w sMv
ICaswa.
I tyio rPremtercMuntctpa &ond7huse
vvAa4
Herri Bldf- 8tll Stark St, Bet. Fifth aad Sixth
Telaahoe Broadway fllil
r r n
twiSTMiaflf 55 1 ,
vrVI f I
a - I - r -
minuntnt u
anifrtinu
r
lilli ,SMre
Belgium is one of America's best cus
tomers. She is already buying from
us as much as before the war.
Belgium's railroads, destroyed by the
war, have been practically recon
structed,, and . freight and passenger
traffic are moving freely.
The highly cultivated lands of Belgium
are again producing their crop-quotas.
Belgium is nearly on her feet finan
cially. Under the Peace Treaty she
has a prior claim of 2,500,000,000
-francs on the German indemnity.
This Company's office in Brussels was
established to be of the fullest possi
ble service to both American and
Belgian interests during the work of
rehabilitation and in the greater ac
tivities of the future.
HOYEMBElt COTTON ftnOWS pnOP
IX THE EARLY TBADIXQ-
New Tork, May 28. (I. N. a ) Trading
in the cotton market was Quiet and without
much feature this morning. With the excep
tion of November, which dropped 35 points aa
the first ssls initial prices were nnchanced to
12 points higher. At the end of the first U
minutes the market was steady and a eoupka
of point above last night's close'.
Open. High. low. C1o.
8380 3390 8889 833
834n 8845 8296 8l!1
8825 3828 8773 8775
8545 8554 8507 3'07
January. ........
March, .........
July i.... .....
October .......
December
8445 8450 3408 3408
New Tork spot market. 4000; unchanged.
Modern Stiller Report
Modern Miller srs: Winter wheat forging
ahead to -big crop in southwest snd week's pro,
res in winter wheat belt best of season. Ilemiaa
fly reports, hut largaly scattered. Condition
in Northwest exoellert.
Mlaaeapotls-Dnlath Flax
'Dnluth. Msy 3 n. L N. a) rTax Jrtly.
$4.1 1 ;- October. $4. 00b; track, $4.-11; arnva,
$4.06. .
Minneapolis. May 28. (I. N. S.l nag
No. 1. $4.0894.11; arrlv. $40694.11.
Saa Fraarlseo Barley Calls
Saa Pranoinco. May 28. Barky calls:
May. $3 60 ask.
Aagust, $3.01 bid. $8.11 ask.
, lcember, $8.09,M sales.
Frearh Wheat Prlreg
Th Preach government propose to fix rne
minimum price of wheat during th next three
year at 73 francs per quintal.
Wew Tork Kagar5 and Coffee
New Tork, Msy 28. ftJ. P.) Coffee N
T Rio. 16 He: No. 4 Santos. 23 14 24 Ho.
Sugar Weaker. Raw, 20.60; refined, quiet
granulated. 21.50 9 28.00.
Saa Fraarisro Poaltry Market
Ssn rranofseo. May 28. TJ. P.) Broiler.
88 9 85c; Urge hen. 82 9 84o; beat ducks. 24
9 290. - -
Saa Frsneliro Grata Market
Barley Spot feed, per cental. $.40 9 3.IO
hipping, nominal.
NORTHWEST
MUNICIPALS
m.-av a a a a .
tsraat.iseis I
OvtaQussvts
CtHVuev
tiUm .3aSaTi?34ft4'
- V
Progress
New York
Havrs Brussels
over $800,000,000