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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 6, 1920)
OREGON i:3. xo TUESDAY,. JULY GOOD CROPS IN ALL LINES EXPECTED BY VALLEY FARMERS TENSION IN. THE MONEY MARKET tr 4 ty III F. I!esiaa THE OREGON DAILY JOURNAL, PORTLAND, mm of T HONS 00 HIGH 'Retail price of onton .waa shaded a trifle Tueaday morninsc by a few store. but not enough to make much difference in the Tavor of the consumer. Instead of anklng; 5 centa per pound", aa i done lat week, the price waa six pounda for 25 centa. There was no need for the present high re tail pries 'in rertlsnd on onions. .Wholesale merchants are asking. 11'. 7 S per asck for fancy white or red California onion, or l.5 per asck where five or more sacks are purchased at owe time.' Several jobbers said Tuesday they wonld .be glad to clean out their supplies at II 2.V prr uck. - . . While the people el Portland r the retaU Merchants about ISO per cent profit for onions, hundred of sscks of onions are going to waste In the wholesale house. Ever? morning onions re being tarried swss to the incinerator. ' Housewives shonld Inform retail merehsnts selling California oniens for 5 cent s pound thst tbey sre making ISO per cent profit, and should refuse to pay these high price. Advices received from California Tuesday showed the market to till be weak, with no indications ot any chance in the price. Those desiring special "information regarding any market should write the Market Editor, Oregon Journal, enclosing stamp for reply. . SAI.MOJT 50W I BETTER STPPIY I Cliinook salmon are in good supply and the pries - has a downward tendency. Halibut is very scarce nrk whoieaale prices firm. No cheap halibut is e;icted this season, as extra stocks ire going in the freesers.. CANTALOUPE MARKET IS FIRMER Cantaloupe market is firm. Demand has been a great as the supply the last few days. Price 2.25&S00. BRIEF 3COTES OF PEODfCE TRADE Ine cream melonv here srrived. Quoted st Be per lh. ' Car Merced tomatoes received. large tupply The Dalles bean -arrived. Was selling for 10c and green for-12'Hc MKATHAXD POULTRY I'XCHASOED Market prices on resl. nog and poultry were unchangrd Tuefdsy. Hens snd heavy broilers are moving well at 25c pVr pound. The over sunt'ly of real has. about been used up, so re ceipts brought market prire. WEATHER NOTICE FOR SHIPPERS Weather bureau adrie: Protect sliipments during,, the next 34 hours against the following -maximum temperatures: oinr north,- 82 de gree; northeast otfr S., P. S. 11. R., 100 degree; east to Baker, 100 degrees, and south ta Axhlsnd. 93 degree. Maximum temperature at Portland tomorrow aboift 90 degrees. WHOLESALE PRICES IJf PORTLAND .... , MAR.K.ET BASKET Price of potatoes showed a slight wjeak neoa at the opening of the market Tuea day. Thia waa due to the arrltal of local garden aupplies. Several farmer made an effort to obtain the price asked for California stock, hut tor the most part were unsuccessful. . One grower managed to get 11 centa per pound for hia load, but the majority . sold on the farmers' market for centa per pound. Beating down of the price on local stock will mean no sales for California potatoes so the consumer ought to are a few more potatoes for hia money within a few days. . , , . California apricots are practically cleaned up for this season. The market wjlf have tittle to offer the rest of the year, as the Oregon crop is reported very short. ;;?;. - i. : "j- j-.-' Several ' cars 3 of very ' fancy ; water melons are. being;' received dally by wholeAle merchants, t Most of the watermelons which have arrived so far this seaHOn are better than many ship ments made last year. ' .' e: The strawberry market was a.trifle higher Tuesday, even after the double holiday, allowing- that the crop Is about picked. IKven with the two days' pick ins on 'hand,; wholesalers will not have more than enough to supply the demand. Raspberries are becoming morg 'plen tiful and within: a few days the price is expected to take a drop. Joljr. Sent . Uec. These are price retailer pay wholesalers, ex cept s otaerwi-a noted: . . Osiry Product BC'TTKR SW'inc nnr. rx lots: Creamery, prime, ,psrihroent wrapped, STc lb.: prime firsts, ftjc ib.: first.. Hie Ir.i malr lots at an ad Tncv Jobbing prk-es: Cube extras. S4c; prime . .... -.,.. RCTTKKFAT Portland delitery basis. 66 SSc; country station. 5i(5jr. OI.KOMARGAltlNK Bel brand. 0e; ordt nrv. 33 "c: bakrra, 33c; nutmsrgarine. 1 lb. crtn.. 32(j per lb. - ; t'HKKSr? Hilling price- Till-.-,. freb treaon, fancy triplette, S2 6sS3c per lb.; Young America. 34f35p. Prices to jobbera. f. o. b. 1 ibamook, triplets. !I9c; Toting America. SOc. Selling priresl Cwsm tr"k. 40w4ie Selling price: TOncfc -Rwlas. 4Stg4tfe; Umburger. 40 & 4 2e per lb. rM,GS Buying price? j Current receipt. t?c. cardial, selling price, 42c; kriect. 4S 4 4r. rr doaten. UVK lUn.TKT Hellire prtoev Hrarr nrn; i 3Be; light hen, 17c: apring, light, IT lc; : Iwaty, 84 Ij-Sdcj old rocter-. ' Hc per ib. ; ur- ks. i)e. t 1 dreetd. 45e lb. ! Fresh Vtoetable and Fruit July. PllKHH KKlrI'V rapge, 4.757.00 per Sept. box; banana. llr2e lb. ; lemon i. $5.00 I Uec. . fl 25 pel crate; Ffcffid grapefruit, (H.OOty j AO: California. t3.23 m 3.75 : cantaloupes. Jnly. 2 50 S.00. ) 1 8eit AI'l'LJ-.-Tariou J.earletics, local; -3.00 4 b.OO tier bT , ' ', i rKIET FltriT te. Dromsrlaries. T 50; rrd, f 4 OO l-r boa; tig. S2.6Q5.00 box. ONIONS1 Selling price to retailer: New red. $1.251.75; white, St. 75 e 2.00 crate; garlic. 3Sc lb.: green onions. 40e dog. bun cues; union eta. 1TMH- lb. POTATOKS Selling pries: ' Oregon, fsncy, IftflO: Oems. tf On i?r cwt. ; new, Uaraets, 11 11 Vic; white, Atlc. ( BKItlilKS Oregon Dc.lU.-s. 2.75 8.50 crste; rplerrie. $3.75. VLr.ETAHI.KH Turnips. 13.50 sack: car rots. (4.00 asrk; beetn. 85c dosen bnnche: cabbage, California. i!.(8e: lettuce, ft. 76 per crate; encumber. JH.2R2.50 dos.: toma toea, $2.50 ( 3.60; gm plant. 60o per pound; broccoli. $2.25: hell pepp.-T-. 75c; celery. l.0 dos.; pes, 7 Vo Ih. ; artichoke. $1.50 per dos.: esparagua. Oregon. $1.75 per dos. bundle, .string beans. ,14 20c per lb. , . v Msat and Froeisions rOtTJiTBT MEATS Helling pries: Country hogs, 2Je for top blockers; hesry, 10c; best seal. l(St9e; heaey imU 14e per lb. ; 8MOKEI? MEACS Ham. 4045e per lb.; breakfast bgcon. IS 58c; picnics, 3 So per lb; cottage (roll, 33c; per lb. J LARJ0 Kettle rendered, 2 Be lb.: standard. 84c; tifrce basis compound. 28 He. v! i . Fish and She! mh 4 FKKSH T1SU Salmon, fresh Chinook. 22e lb.; halibut, fresh. 1822a per lb.; sturgeon, ( ); black cod. lOWllc Ih.; kippered al mon, $2.50 per 10 lb. basket; kippered cod. $2.35; raxor clams (I i; crabs. $2.508.75 'doaen; roe stisd. 10c lb.; dreaaed shad, 5 & 6c; . luvg cm, o & oc id. i The following prices arc average ones the eoa nunrn are expected to pay retail stores. Qnality quoted is ! average; fancy stuff' being slightly higher and inferior stuff fractionally lower. ; - Butter Bet creamery prints, 62 84c. Kegs Fresh laid, 50c per dozen; fancy fresh, 45j47c,pr dozen. Poultry Chicken, dressed, 85"40e per lb. - FHh Salmon, 30 (f 35o per lb.; halibut, toe per Ib. . Flour Sliest local patent.- $8.50 0 4.30 per sack. 4 ib. . " c Pot,atoe Burbanks, 9 911. Onion (-Dried, 4e- per ib. Strawberries Oregon, 15 20c per bog. ICaapberries Local. 20 4250 per box. i : Price of Corn and Oats Cut Affain onv The Grain Exchange ; i ; fr - -y -:'' Chicago, July 6. (L N. 8.) Liquidation In grain future caused by a break of 6e .in cah corn- made corn futures drop a much as' He under Saturday's close and oata futures 3e before the congestion in July rye sent It to a pew Ugh record and frightened shorts in the other grain corering that followed forced a reaction that wiped out about half the early loxer m corn and left oats only small fractions lower. v i - Profit taking snd' buying against bid also were factor) in checking the slump that became ho rapid -when stop-loss order were uncovered that it wan impossible to execute msny order st the limit et. ; prices frequently fluctuating 'je between sale. J , i Oat" showed independent relatire strength throughout, cah Iwnue being persiMent buyer of the July. Covering hy a New York short lent early tlre.ijtli. . Veaknes In the spot market was a depreoting facUir. but f weather, condition were much more fsvoranle for the new crop and settlement of the longshoremen's trike in Phil i a-.lclplna was looked on as an akl to shipping i blr.. 1 i . . i, At the loe July corn jis 2 3 2 e lower, i September It - ttis 3 c and Decemlier 5 W ri down. ; Kt tinivhed r ' e lower tor July. (a- T c ; for beitmher and "n e for Ieeeraber. Pork ! ahoscd a decline ol 40 (s B0c, lard o(f 57(n I 80c and nbi ctf 45c. ; CROPS III VALLEY GENERALLY GOOD , Reports received by H. A. Hinshaw. general freight agent for the Southern Pacific from agents throughout the Willamette valley and Southern Oregon. Indicate that the majority of the crasps are in first class condition. A good crop of grain, hay, potatoes, fruit and hops is expected- in most parts. The section around Roseburg is the only one reported to have suffered a setback, d,ue to lack of moisture. - - - ' WoodburB- Blight .rainfall during the pet week put the crop in wery good condition. Wheat and spring oat looking well. Fall wheat 1 turning and will aoon be ready for harvesting: prospect sre for a good yield throughout , the valley Hops looking well and indication are for a good crop, and with a continuation of prevailing high prices mora acreage will be planted. . There, waa very little corn sown in this section and most of that pleated will be aeed by the farmers for feed. Indication are that there will be an-exceptionally good rop of potatoes; the late rain were beneficial particularly to the late variety. Pastures arc in very good condition. Some hay is being- cut in this section and prodacing ordi nary good crop, and with warm weather the crop will be very good. Strawberry and goose berry seawm will be over in about a week and loganberries will soon be in the market. Kheridan AU grains looking well.. Fall grain will be heavy and most of spring grain also wm produce good crop, rotatoe loosing line, tFurni.-ihed by Oveirhcek Cooke Co.. Board of ja. v t SfCAR Nominal prices, r-finery baxt- Cube, $24.35; fruit and, berry. 423.50; I yellow. $42.80; graiulated, $23.60; extra C $23.10; goMen C, $23.00.1 , HONEY N ew, 7j0OT.0 ease. RICE Japan atyle'. No 1. 12c; New Orleans head. I I : Blue Ko, like per lb. . i SALT Course, half ground. lOOa, $17 2$ per ton: 50s.. $18.75; table dairy. 60s, $17.25; balee, $3.30 4. Ot; fancy Ubi and dairy. $30.5O: lamp ror,. $28.50 per ton. BEANS Sales hy jobh-rv Smart ! white. Hie per lb. ; lsrga. white, 7 4 e fb. : pink, 8W lb.; lima. Ulie; bayou, 11 4 e; red7l0 He; Oregon beans, buyrna; prices, nominal, 5 He Ib. CANNED Mil K Camatirn. $8.35; Borden. 8S.SS; Aster. $8.25; Eagle. $12.35: Libby. $8.33; Mount Vernon, $8.25 per case, i COFTEE Roasted, 34t4oo in sacks or orums. .--!'- SOUA CRACKKRS In bulk. 19 He per Ih. 1, UTSWalnuts. 35 40c per lb.; almond. 88e; filbert, 82a In sack lots; peanut. 15 a 18o; pecans. 23c; Braail. 30c 7T . " Wop, Paints,, Oils : I nur-r. aiaal. ttark, 18 He; white, standard Manila. S3 He. i, NiEE1i "' K- bi l-8 avine ouiicu, ddu., 2nv; raw i belled, eases. $2.15 callon. COAL Ofi Water white, in drum or barrvl. 1 3c zttl.n; eae. 24e Der callon UASOUNK Iron bbls., 25 He- easel SRe- sngine distillate, iron bbia.. ltc: iaie. isu.' " . 1VH. 1BC Q II II !, July; .. Sept. . July. . Sept.. , Oneo. 1G1 12 H 150 , . 911 ' . HI H 79 . 230 . 3075 '" 1P00 . 1995 . 185 . 1720 Trade llldg. CORN iligli. I on. r-;io4. . K..1 V, 158 H liei814 162 i 157 H 160'. , 150! 143 14H S H i OATS -on 03 93 T 81 79 M, 81 f81 H 50 7H 78H " IMjrtK ' i 2830 271 O 270 1 "075 2940 $000 ! ' I.AKD 19O0 1815 14?4$ 2005 1875 1922 - i KIBS . 18S7 1840 1850 . 1772 . 1700 1735 - acre age small. ; May crop- wm oe neavy. inu ben are that prune will produce- a good crop. Nearly all varieties ot berrio light. tsraM kooklrtfl Wan ; Ibanon 'Weather has been warm with' no rainfaJl during the past week. Fall and spring grain' looking well and it is estimated that the yield will be normal. Kay crop will be .heavy, but below normal dite to small acreage. Some corn grown for ensilage : only.-. ; Oat growing fine and yield will be a little r above normal. Potatoes looking' well and will produce a good normal crop if dry season does not set in. In dication are that there will only be a few car load! each of apples and prunes. Yield of per--ri not normal and moat of them bandied by cannery. -' . . Albany Two Inches ' of rain ' during the past two weeks was very beneficial to growing crops. Wheat is heading la geod hane and indications are for a good crop. There will be a normal crop ef corn, whieh will be ned tor ensilage. Oat heading well and indication are for a nor mal crop. Hay now being cut and yielding about 42 H ten to the acre. - Potatoes growing well and IS 1 eilimatea tney wm proauce ivv w the sere. PrnspecU are for a good erop of apple. while it is espected that prunes will yield only slightlr .better than 50 per cent of normal crop. The strawberry crop, estimated at 150 per ecjt of normal, is being taken by the cannery, also the cherries. j j ' --j) - - Lack ef HSolsture Roseborc fck of rain in this section will reduce the crops. Most of the spring wheat, of,- which there is 300 acres, will be used for hay. It i estimated thst fall wheat, ot which there i. 00 acre, wiil yield 600 tons; eats 104)0 acr. yield 335 ton; hay 2300 acre.. yinld S450 too; broccoli, 200 acre, yield 570 tons: prune, 120 acre', yield 1750 tons, dried; apples, 12410 at res. yield 3700 ton.: pears. 200 acre, yield 225 tons. - There will be practically no neaches. Berriea producing good crop' and will be taken by the canneries. Pears will aL-sp. bs sold to th canneries, with the exception ot two or three can ot late varieties 'which may move Kat. . ' M ed ford-i Two- inch rainfall during the past month sat very beneficial to grain crop, which are maturing rapidly due to the pa-t few days of hot weather. Some grain will be ready to cut ia utit week or' 10 days. The first cut ting of ailalfa bas occurred, producing about three ton per acre: the rain- discolored came alicbtly.; bat very little waa spoiled. The second cutting of alfalfa will occur in a, few days, as ir i growings very rapidly, and prospects are for a good crop.. - - - . Pears- Are Damaged i . Apple and pears are looking better than they did a month ao due tc the rainfall; the drop ping has now Mapped, which did not amount to as much a the grower expected.- The pear Might, winch cauaed . damage of perliap 5- to 10 per cent, is about over. Present estimate of the fruit crop in tins fee. ion i as follow: 650 ears of pear, -and 250 ears of apple this is about 125 can less of pear and 225 cars leS of . apples than last season. 'Jut of the 650 cars of pearH there will probably not be more than 500 chipped East, due to the high, price being offered by the canneries in Oregon.: i Ashland The weather has been very good 'for hay and grain, with plenty of moisture and in dicstions sre for good normal crops. The first crop of nay naif been narvetea ana, ran aaout 15 per cent better than but year: tba second crop, especislly alfalfa,, is very heavy. Appie, peaches ami pears are in good condition and in dications are for good normal crops. No fruit, eseept .some cherries, has been picked as yet. LACK 01 INTEREST: ON STOCK MARKET New York. July . (U. P.) Lack of public interest 'resulted In continuation of. dullness at the stock .market opening today.' Leaders made ' fractional 'ad vances, United j States Steel opening at 9. up -American Locomotive, 9Sr. up ; Sinclair, 32, up Va ; Crucible. 153, off ; Replogle. 87, up Vt ; Mexican Pe troleum, 189 up ; Union Pacific 113, off ; !Vanldium. 80, off M ; Retail Stores, 8D, up H; Bethlehem B, 91. up ; Baldwin. 122. up 1 : Texas company. 47?i. jup ; Tobacco Producta. 70. up . . I Doheny oil stork and Vanadium storks were leaders in the second hour. Mexican Petroleum sold at 192 H. ot 3H, and Pan-American 107, up 2. U. K. Stores advanced to 81, up 1 from Kriday'a! low. : The market loed firm. i try aOverotHA 4Duoke Oe.. Poralshed of Trade bntWina This Year's Wheat Crop Is Estimated - NORTHWEST GRAIN RECEIPTS ! - Oam i i Wheat. Barley. Flour. Oata Hay. r, . i . j 1 Tue Tear ago ...... Reason to date Tear ago ...... Tacoma. Sat... Tear age ...,, Season to date . , Year ago . . . . . Seattle. Sat. Tear ago i . , . . , Heon to date . Tear ago .t 4S 2S .808 66 1 8 14 8 3 8 . . 5 6 20 IT 11 4 19 4 88 23 20 .. .2 .. 3 .... 1 1.7 .. 3 .. 4 i a ".! " . . , 4 2 20o Ib.; gL; $2.18; iron 12.41; 1 5 H e per lb. - Tl'KPENTINE-pTanka, $2.28; 10 ease rots, le ieci. . Hop. Wool and Hides HOPS Nominal. J.9 19 crop. $1 per lh. HIDKS NominaLT No. 1 a7t eared hfcfa. oVSrr455lot,, le; Mlt nS loves 45 lb.), 14m No. X alt rami h,.ll hide. 12e; paril, cured hid. " per fei" eae third leas than fvo. l hide. "wea. - Calf and Kip Skin ! i No. 1 trimmed calf skins (up to IS n.i 25ct No. 1 trimmed kin .ki ,i a T. W lir h.ir U,.rl '. .L.L1'. ios.1 1 skinaT ' les than Dry Hides and Sklna a'jr.'-"? UP). 25d; dry r" i" s " up) aoe - ' . - . .- umcs du "'Hi. naif ! Heese NMea i.iJTm or n tr Large. el iiken off hides. $8.00; pony and imtll hides, $4.00; dry hone hUe-i $1.60 to $a.vu: hide, with" hd - u uur, per id, jtoe: no mane hair, per Ib.. lie ' MOHAIR Nominal aAL4.UW A.-vu t.BKASE No. J 8e; ho. 2. c; No. 1 grease. 7e: No. 3 6c pec ls - i j No. tallow, grease. An early estimate of thi year's wheat crop by John Inili. well known Chicago wheat man. place the nation a yield at 545.000,000 bushels, which is 188.0Q0.000 bushels leas than last sea ion's yield. The comparative report on winter wheat follows: t Oklahama. 40.060.000 bushel vs. SS.O00. 00(1 buaoe's lat year: Eanas, 125,000,000 bushel v.: 151.O00.UO0 bushel; Nebraska. 32. OO0.0U0 buahels, vs. 55.000.000 bnshela; Miouri, 82.0O0.OOO bushels, va - tT.OOU.UOO buhel; Illinol", U'8.000.000 bushels, v.. 8. 000. 0O0 buahels; Ohio, 82.000.00tt bushel, vs. 53.OO0.OtlO bushel; Indiana. '4,Oou.M buh el, v. 49.000.000 bushel; Michigan. iJ.000, OIM1 . bushela, V. 19.000.00U bushels: Iowa, 10.O0O.000 bushel. verms ie.000.OOtl bushel. : AH ether 3.0O0.O0O bushel, vs. 5.O00.0O0 Inuhel: Western rtatea, gu.OOU. 000 buithel. vs. 53.000.000 bushels: Hon Hera stste. a0.000.000 bushel, vs. $5,000,000 bash- els: Pscific. 73.000.000 busiiel. vs.' 0.000.0t0 bushels. Totsls, 543.000.000 bushels, vs. 731.- 000.00O buahels. i . : , f Merchants' tachang bids : : ; 1 ;- July 1 ! FEED OAT No. 8 white i. . . . .6700 J . RARI.KT .- No. 8 blue '-.j.-. .'. .'. . .6000 Standard feed .............. 500 P. BAN D POSITS N Aug. 600 5800 6750 AMEBIC AX 7. 'I i ' tlTESTOCK PRICES , Chicago Hog 81K.SS " Chicago. July 6. (L N. S.) Hogs Re ceipts. 80.000. Light butchers strong, - 15e higher; other 25e and 50e higher; top, $15.83; bulk sales,- $13.50 15:75: heavy, $13.B0 15.50; medium. M 5.00 1 5.85 ; light weight, $14. 75 15.85; light lights. $18 0O 15.50; heavy packing sows. $12.00 m 13.85; sows, rough. $12.25 12.00; pigs, 12.)0 14.00. Csttle Receipts, 11.000; steady. 25c high er:, calves steady, Friday's averag; beef steers, mcdinm heavy weight, $18.10 IfP 16.85; medium and good. $12.75 16.10; common. $10.75a 12.75;; light weight good . choice. $14.75 ltt.BO; common medium, " $10.80 14.75 ; butchers cattle, heifer, common, medium, good and choice. SH.SO 1 4.60 ;. cows, U.35 12.50;. bulU, $6.0U 12.00; cannera and-cutter, cow, heiler. $4.00 6.25; canner steers. $10.7512.25; steers, $8.50 W 12.00; stockers, steers, $6.00(9 10.73; stocker cow, heifers. $6.-J5(tC-8.5tt; stocker cat Tea, $6.5010.00. -o Sheep Receipta. 11,000; slow; native stock steady to strong; Western held higher; lamb tS4 pounds down), $11.504915.00; lsanbs, culls, common. $6.00 11.00; yearlings, weth ers, $a.S0 12.50;. ewes, $2.50 3.50; breed ing ewea. $5.00 0.00; lamb. $10.00 0 18. OO. - t Omaha Hog $14.60 Omaha. July 6. I. N. 8. 1 Hog Re eeipu. 3OO0; unevea, 15c to 50e higher. Bulk, $13.73c 14.50. .( v.ai.iier ueceipu, sou. Heel steers 25e to owe signer; outcner stoer, 50e to 7 5e higher: other classes strong; hext beeves. $16.00. oneep Receipts, 15,000. Lambs, 50c low er: heep and feeders alow to 25e lotver; top Bwaiaaa w a . W. . ; , Cause of Death Sought . Baker, July . Research work to determine the cause ot death ef range cattle in the Me Ewan section was stsrted Fridsy bv R. R Snowden. consorting and agricultural' chemist of Los Angelee. H will make a test of the soil, wster and range . in aa attempt to solve the mystery which has perplexed the smaller stork men for several years. .Snowden has had $9 .year experience ia this work.'. DAIRY PKODrCE OF THE COAST . . .. ; wnele . Maeaet ':l':iv" 8aai Francisoo. July 6. (U. P.)" Butter extras, oie; prime firsts. 59 He; firnta, 65 We. r.gg fcxtras 01 He; firsts. 47e: dirties. - H"t", "it; anaersuea pulleta. Cheese California flat fancy. 33c. i Chicago Cash Chicago, July p. p ). 2 red, $2.78 2.80; No. 3 No. 3 spring. $2. 7 o j 2-80. Grata t'ah wheat: No. red. $2.76 2.78; E CITY GAIN SLIGHTLY In answer to the call today of the controller ' of the currency .nd the Oregon superintendent of state banks for the condition of national and state banks at the' close of busi ness June 30,-the 24 Portland banks show a flight Increase in depoeita and loans and discounts over the previous cajl of May 4. T i t i The toUl deposits are 4146,106,333.24, a gain or $483,826.24 ever the previous calL Loans and discounts amounted? to $116,981,313.14. a sain of $6,112,995.14 as compared to May 4. The figures of the Individual banks are as follows: s i 't i Loans' ) Iwposiht. 82.231.530.70 First Nation al $ I'm ted States National . . Northwestern National . . Ladd Til- ton .... Banket Cah- ' fornia . Hibernia Com- snereial and Having Bank . . Canadian 1 Bill ef Commerce. State Bank of Portland. . Security Sav- lttaa m. Trust Ci it seas- Bank . .- L i v e a t ock State Bank P s n i a aula National. . George W. - Bates 4k Co.. Bank of Kenton . . Bank of Selhrood. Hartman A - Thompson. Bras dway Bank .. . Aahley V Kummelin Bank of East " Portland . : Moat aril la : Sav'a Bank M u I tnomah , State Bank People's Bank ... First h' at? of Linrrton.. . . Bank of Cem v merce ef St. Johns.' - and IMarounta. 28.405,697.48 i - . - - . - i 29.787.296.38 20.938,360.17 27.472.189.99 23.160.145.29 i 6.817.428.60 S.413.466.24 4.441,883.65 8.558,262.17 2.748,022.98 2.212,613.24 1,168,248.70 1,70007.59 1,347.443.00 .872,07.08 61S.930.SIV 479.883.22 720,346.06 - 602.768.S9 454.4)45.97 '858.043.94 ! 337.159.8$ 206.867.95 257.829.02 vS I : . 148,303.06 19.325JI00.00 19.014.959.47 . 9.472,872.26 8.397.747.39 6.018.647.22 . 2.665.054.74 1.621.874.78 . 1.822.707.97 1,004,601.58 . 1,155.613.68 982.098.43 650.711.48 S8S.847.18 308.824.94 i - . 861.787.10 651.498.86 : 416.687.75 331.821.18 : 217.839.02 -' ' y. - 141.596.8$ . 132.766.73 r ' - . .-' c - ' , 138.599.13 DESCRIPTION : Allis Chalnier. . . AUoy Steel.... Amer. Beet Sugar Amen Can, e . . . Amer. Car Fndry Amer. 'otton Oil Amer. H. - A L., e do pfd. i . . . Amer. - lntl Corp'a Amer. Lmseed. c Amer. loco., e . Amer.. Ship St Com. Amer. Smelter, e Amer. Steel Fndrf Amer. Sugar. Amer. Sum. Tobadcol Amer. TeL A Tel Amer. Woolen, c Am. Writ. Pap.,- pfd. American Zinc. Anaconda Min. Co . Atchison, e. AUantie, G. A W. I. Baldwin Loco.. B.- & O.. c. Bethlehem Steel, $ . Brooklyn B. T. . . J . Butte A Superior. CaL. Packer' A,n laL . rotroleum, , Canadian Pacific Central Lieather, c Cerro de Pz-rco . . Chandler Motor. Che. A Ohio. . Chi. Gt, WeUrn. do pfd , . . . Chi.. M, & St. Chi. A N. W . . Chile Copper. . 7. Columbia G. ft Consolidated ias t Corn Product c l rucibie teei. Col. tiraphopltonei Cuban Am. .Sugaii Cuban Cane Sogarj Den. A It. G., c do pfd ....... Erie, c. . do. 1st pfd... . CJaston Williami tieneral Cigar. Oeneral Electric. General Motors. Ooodrich Rubber Gt. Northern Ore i Gt- Northern Ry G reeue Cananea J. Ice Set-urit ei ... Illinoi Centra! . Industrial Alcohol Inspiration . Coppdr. nu i-per. . Int. Mer. Marine .1 do ' pid. . . . . Int. , Nickel . , . .. K. C. Southern. Kelly Springfield Kennecott Copper Kuytoiie rire. Ickawanna Steel:. Lackey P. Players. Lehigh Valley . . .L , Maxwell Motor, b. Middle State Oil L Mexican Pet. . . . I . M ami Copper . '. ; Midrale Steel '. . ) . Mo., Pacific, e. . .(,. Mo. Pacific, pfd. 1 . National Kn..mel j . National I.eaii . Nvad 'on . . , . hew Haven' i . . ... N. T. Cehtral Norfolk A; W'pAtern . Northern Pacific . . Okla. Kef. A Prod. Pan. Amer. Pec. c. Peon. Railway . . . . Peoples Gas . . , ' Pierce Arrow ..... Pierce Oil ....... Pitt. Coai .:..,, P. S. C e... , , , . Pullman ........ Ray Cons. Conner.. Ry. Steel Springs. -.- Reading, c. . . . . . . Royal Dutch Rep. I. A Steel, c. Retail Stores. . liork Inland, c . . . . do pfd. ;A". . . do pfd. 'B'. i . ayuiviail V'lIS, . . Sloas Sheffield. . Southern Pacific. Southern Ry., e. Stromberg Motor! Studebaker, c fthell . . . St. U & S. F 8wift A Co. Tennessee Copper! Texaa Oil Texaa Pacific. Tobacco Producta Transcontinental Oil Lr'i vcifie, c. do pfd, . . . . . Ppj-.it v.t of Del . I'nited P'd Producta l meed jnilt . . . J , P. 8. Rubber, c.i . tU. S. Smlt. A ft. P. S. Steel. c...i. do pfd. ..... i . Ptah Copper ..,.. T vanadium Steel, i . Virginia Chenv. ci. Wabaah . . Wabash. A i. Western t'nion. . . i . West 'house Electric . T. 1 1 J JK MJWIM , . Wiilys-Overland . f . Worthington Pnmt . Open 92 H 41 Hi 140 . . , 17 92 88 H 98 23 0 38H 123 89 Vi 97 ' 14 " 534 80 165 H 122 30 91 11H 09 i 114 H OT 42T 103 V, 52 "A 33 6H 15i 34 794 94 Ta ..153 . 30; 53 54 5 U 10 12 24 62 ,89 U 93 Ts 50 H 77 H 32 a 92 54 17 H 17 109 2 29 W 72 i R2 41 High 92 42V 142 17H 93 H 89 100 Vfc 24 61 80 . 124 90 99.' 14" 56 80 Vi 166 124 31 91 12 69 32 114 68 43 105 52 83 09 4 a5 34 -RO 95 1 5i 31 53 54 5U 10 i 12 83 25 63 'a 70 93 51 77 32 3 17 17H 109 2l SO I 74 82 ! h4 Low 92 41 189 17 92 88 98 23 0 38 123 89 '90 "ii" 53 79 165 121 30 90 11 "69 32 - 114 67 42 103 52 33 69 13 34 79 94 153 . 80 53 33 Hi 10 1 1 32 24 62 69 93 49 77 32 82 It 17; 10T 25 29 72 82 41 DULL TONE RULES LIVESTOCK MART -J''-''-".'- if -"-''.- I.-,. :-. PORTLAND LIVESTOCK RCN j Hon. - Cattle. Carves. Sheep. Tuesday 620 1168 219 i 1078 Week ago . 69 , 7 i 28t Two weeks ago... 1 69 10 641 Pour week ago... 267 - ' 27 i ... I 415 Year ago ....... 628 .. ! 896 Two years ago... 419 . 103 i ! 49 Three years aao. . 875 54 . '. . I- 61 Pour years ago. . . 215 122 j 4, .. . R. R. SITUATION MUST IMPROVE TO AID . LIQUIDATION The North fleeted la I fore i boob, exrept call arty morals g Portlaad sheep qaletaegg la market wti drop la prices shortly A . tO'Cest eat la all lllaes laatbs, where a $1 j : drop thoU be I oeearred, wag aaaosnefd. were at the lower prices, Bales made Hi J .1 ' Close 37 43 92 42 139 44 17 93 89 76 100 24 60 88 124 89 213 97 42 14 56 7 165 123 K0 91 12 21 69 32 113 68 43 104 52 : 7 21 33 69 13 33 79 93 154 31 53 54 4 10 11 33 11 66 i4i 25 2 ' 35 70 29 42 81 ! 05 50 77 82 2 17 16 109 26 29 70 82 41 23 .815.5016.OO . 14.75 16.50 . 10.00 11.25 . 11.755 13.75 . 11.25 13.75 The usual after holiday dullness ruled the. North ..Portland livestock market Tuesday- morning:. All lines : were quiet, and only two small sales were made dur ing the early trading. Fifty-nine cars arrived ' , Nothing of top quality was received in the hoc alleys over the week end, but the market re mained steady. Run waa 620 head, which is heavy for- a Tuesday at thia season of the , year. General hog market range: Prime mixed . . ccuam mixed ...... Rough heavies ....... Pies Smooth heavies ....... Ne Chotea Arrrvak j.-O- v"i j; No choke, cattle arrived in the alley. ' Top steer and cows were alow and weak, with a lower tendency being displayed en the she stuff. Farmers persist in shipping more calves to mar ket than can be used. ' Run, over the week end was 219 head. ' General eattle range Choice grass steers . . . Oood to choice ateers Medium to good steers ,... Pair to good steers .......... Common to fair ateers Choice cows and heifers ...... Good to rhoiee cows and heifer. Medium to good row and heifers j Fair to medium cow and heifer. I Canner Bull, ... ....- . . I Be t light calves .-. I Medium calves . Heavy eairet, .......... ,y. Sheep Market Quiet 810.50 1 1.00 9.50 10 50 ! a-.AOM) ( O SO ! s.OOi 8.TiO i 7.00 e 8.O0 8.00 ' 8.50 t 7.00fe i 6.00. ; Increased discount '- rats can hardly be expected to do more than check further borrowing:, according; o the National Bank of Commerce In New .York, until the railroad situ ation improves ao i as . to permit prompt liquidatfon of : commercial and agricultural . credits. ; In Its money market discussion th bank declares that th 3 present partial breakdown of transportation, by in terfering with the 1 movement of products, has prevented a tremend ous volume of credits as is norm I ally effected at this . season . of the i ' '-.. . . . . .L.; .. ... ....... year. TJuring th period from Mayeto June IS,", the bank points out, "the money market has experienced cpntinued tension which. largely, as a consequence of the traffic situation, had become pronounced during the preceding month. The strain on credit facilities has been reflected in a rurthei1 general advance in money rates. While some improvement of the traffic situation, mainly potential rather tnan actual,, has been accomplished, it has. not proceeded sufficiently to release any considerable part of the credit -w hich had been locked up. and traffic condi tions can be expected to improve only slowly, meanwhile, the credit require- 8.00 i rhenls of a new crop movement wiU "he- come pressing in the not distant future. SLUMP SHOWN IN GOLD RESERVES C The weekly report of the Federal Reserve bank of San Francisco for ths wi .linjj June-2 shows a slump In the rold reaerves of Sll.46it.ooo com nurd with tr previous week and a decrease of 316.024,000 with tho correspond ins: week of 1319. In bills discounted, secured by government war obligations, the firur'( show an Increase of 87,824.000 over the previous week and an increase of JB.uae.uuO over me corresponamg weex ot a year ago. - Tbeatatement la detail is as follows: ". . ; . v, ' 1 -June 2. 1920 Jniuin man Oold and gold certificates .S 13.995.000 t I3.607.ooo Gold settlement fund Federal Tteserve board 31.473.0O0 41.117. ooo Gold -with foreign agencies j,... ....... ........ 5,130.000 o,l3o.ono Total gold held bv banks... Gold with federal Reserve agents.,. uoia reaemption runa July 3. 1H19 8 11,173.(H)0 52.823,000 ......... t &O.SH8.000 ,3108.748.000 8.856,000 Total gold reserves ... lgal tender notes, silver. etc.. .$168,200,000 .$ - 73.O00 ; Total' reserves - i,1. ,;. 'J. it V. '..J..; Bills discounted .. . ! .; . . -: v Secured by government, war obligations.; All others ......,.. .i, t. ? Bills bought in open market ................ 8 S9.854.iKHI 811O.9U.iK0 S.y3,000 $180,758,000 $ 650,000 $ 3,!!tB.(MI0 vlll.y'JO.imo 1, 678. 000 SlS3.S64.tMiO $ i:u,ooo .1168.939,600 $181,408,000 $183,1165.000 Total bills on hand. United States government bonds United States certificates of Indebtedness... Total earning . assets Bank premises ........ Uncollected items and other reductions from gross. deposits ......... 6 redemption fund against F. R. bank notes AU other resources .............. .. ... ..$ 60,049,000 . . . 99.1S6.1HI0 .. 44,851.000 ,.$m.o5s.oo $ 2,632.000 11,413,000 $ 43,225.000 95.463.0(10'. 43.017.000 $18O,';06.(Mt0 $ 2,632.000 11,206.000 . - . , $?08,101.000 $ ' 231,000 43,774.000 666.000 lt.80.0O0 Total resources i (424.619.000 , " LIAB1LITIK3 Capital paid in ..;......$ 6.421, ooo Surplus i. 11.662.0t0 Government deposits , 1,352,000 Due to members Reserve account ........... ll.82U,0O0 Deferred availability items .................... Jf,86i,000 Other deposl.a. Including foreign government credits V..., 9.606.000 .on on i i 3.50 ar 4.50 'Until the railroad situation improves .oo: J.oo sufficiently to afford an adequate nhj s OOO Z 1 0oo ! !caJ .-basis for the prompt liquidation of 1 '7 00 1 8 60 commercial and agricultural- credits, the i increasea . aiscouni rates : aaopiou . . oy ma nv if Hia f r!0ra I rp.ftf.rva r links can .-so eany morning traaing wa none id 1 haeHlv ha Avniot.il in ln m ilmn rhk Gen- ...... . . , , . - mriner . uorruwini; ; tiiereaiker, - tiicj' should be a strong influence in effect ing a curtailment of outstanding credit, in preparation for the heavy autumn requirements. sheep market, but -price remained steady. eral tone of the market was good. General sheep and lamb range Spring Iambs . (nil lamb .............. Yearling ................ Wether Tuesday Morning COWS . 810.00 -rt.10.50 .. 7.30 So 8.50 . . I 6.50(o -7.60 . . . 2.50 C 6.00 6.00 (g 7.O0 Sale - i 1S0'. 184 '4 188 1 Total ... $146,106,188.24 $116.81.818.14 Liberty Boad Sales (Furnished by Overhecfc A Cooke Co.) Liberty, 3 Ha. .. . liberty, lvt 4s..'. Liberty 2d 4s . . . . . t. . ,44s. Liberty. 2d 4 s. Liberty 3d 41. Liberty. 4th 4 hi a Victory. 4s.... Victory. 3.... Ouetu 0180 S620 8588 9006 8604 0564 9590 High. 9150 8620 8600 , 9024 8616 0506 9590 Low. 9100 8612 S58H 9000 8590 9586 9582 Close. 9140 8629 8560 8610 X586 8996 8910 9599 9590 - vIeaey aad Exehaage , New ork, July 6. (U. P- Money call V pee cent ; mercantile poper,'-7 per cent; bar silver. New Xork, 99 He.. . Demand sterling. SX.VX. . 20 H 42 - 25-? 41 4 69 Vi 77 U 12 29 4 67 ii" 106 , 38 35 H 53 13S 614 9 113 U 1 i 98 -85 i 112 93 80 i 37 hi '63H 32 73 924 25 H 774 71 73 25 108 H 10 47H 40 70 164 118H 63 67 V. 200 97 88, 94 107 87 90 '7 23 'bo"" 63 19 '68.' 42 25 42 -.69 77 i 12 30 68 ' 71 i 4 107 39 35 54 16 62 . 101 118 16 98 86 114 95 81 63 32 74 93 25 70 74 73 25 108 10 47 41 H 71 16 114 63 32 69 202 100 68 94 107 67 '93 7 28 60 53 19 i 41 24 41 69 Mi 67 71 4 4 105-, 38 35 53 15 61 99 U3 16 98 .85, 112 93 80 36 '63 32 73 92 25 77 71 73 25 108 10 46 40 70 10 113 63 31 67 200 97 58 93 107 67 90 22 " 50 " 63 19 "68"" Total aalea stocks, 616.600 shares. Total sales bond. $11,099,000. 1 per cent. tl percent. - 41 24 41 69 77 12 294 67 f9 , 71 4 106 38 5 54 15 62 100 113 16l 97 H 113. 95 80 36 72 63 32 74 93 25 78 74 73 25 108 9 47 40 71 18 118 63 81 69 202 99 68 94 107 T 91 "74 7 22 81 60 52 19 106 69 No. 28. 17. 5. 4. 4 i 4. 24 . 26. 1 . . -1 .'. 1 2.. 12. . 8. . 20., i- 6 . . 8. . io'. 13. . 19.. 35.. 2.. Ave. lbs. .". , 8R0 . . . 903 . . j M95 . . i 973 . . , 916 . . . 902 Xo. 9. 25. 28. 10. 7. i .10:57 , 960 .100 . 930 , 14.V i ,24 9 ,1360 14SO , f300 I 210 i 206 63 . 76 f -53 . ? 80 . 119 . 87 , 103 102 n 105 8 163 8 Price. $ 7.60 7.60 : 8.00 . 7.60 6.25 7.00 (STEERS 8 9.50 1 , 1 . 8.10 i 16. 10.00 f 28. 8.75 ! ' CALVES $13.00 2 . 9.50 I BLLLS 6.00 2. 6.00 1 . ' 6.00 . HOGS $16.00 1 . 13.75 I 6. LAMBS $10.50 l' 32. -9.50 fc 28. " 8-0 1. 11.00 I i:wi:s ' 3 6.00 I 125. 4.50 j 21. '4.00 t - T BARLINGS 7.50 t WETHERS T.50 BUCKS 4.30 Ave. lbs. . . - 706 ..... 923 . . . 935 .. .1005 . . . 1094 ...1085 . . . 790 . .. 93 .. . 987 lnee. $ 7.00 8.00 8.00 7.75 i 7.73 7.00 I 6.00 8.50 10.O0 2S8 $ 7.50 .1270 .1360 U.0O 3'0 191 70 78 60 95 110 (Furnished hy Overbed A Cooke Co.) -Chicago Tribune Fiana for reopening of trade in wheat futures are to be Com pleted within the i next two days. A meeting of the excHange comtnittee ,of 16.' representing the - eight leading ex chances will be ' held there today to (formulate arrangements for the re ft. 00 nnAnine W'liirh .arts tr, r. irivpiv to . the advisory cornmittee of 31, which is com posed of , leading! interests, including the grain exchanges, millers, bankers 15.63; and others, -who v.-ili meet tomorrow tc take up the suggestions pr tne.excnange committee and make any changes that are regarded as -necessary. . .. .. i The federal bank- reserve, exhibit of Saturday made a.' good showing and the idea prevails hi good quarters that the credit situation will ehape up in a more favorable way from now on.. $13.83 $10 o 5 9.00 6.15 6 00 . i , PACIFIC COAST BAKK STATEMENT Clearings Monday . . Tuesday . . vertiend Banks - g This week. i Holiday- 731,775.86 8 8.100.373.58 Tear ago. i Sw Tori 8b gar and Coffee -Chicago. July I 6. (U. P. ) Sugar Raw. dull. $18.81: granulated, $22.24. (Joffee Klo -l j on spot, ia; Kantos No. 4. 19 621 He. " Foreign! Exchange Steady New York. July 6.-MU. P. ) Foreign ex change opened steady here today. . Demand ster ling was $S.3J off 1: franc. 11.67. up 25: fire, 16.17. tap 33; marts, .ozes; Cana dian dollars,. 877$. . .-. ... - Sam Francisco Markets TTaehanged San Francisco. July (U. P.) No price changes were announced today in the poultry. produce or grain market. - Oregon Education . Department Wins New York's Praise Salem. July 6. The Oregon state de partment of education is highly praised by the New York department in a let ter received by J. A. Churchill, state superintendent I of, public instruction. Saturday from William McAndrew, as sistant superintendent of the- New York department, commenting on copies of the Oregon . course of study In moral instruction recently loaned to that state by Oregon. - j ,xv -'- " "You people certainly do manage to keep ahead of the times in things edu cationaV Mc Andrews declares. - ; 1 : Operated by k storage battery, a large vacuum cleaner has been designed for sweeping the floors of textile mills . i'Sew York Bond Market Famished hy Overbeck A Cooke Co., of Trade building. ) Bid : Baltimore A Ohio gold 4s.... 58 sa Bethlehem Steel refunding 5s.. 78 Central Pacific lp4a....... 68 C. B. A Q. collafrjral 4. . . , , 93 St. Paul general 4 Hs ..... 67 Chicago N.- W. general 4s.-... 71 -Louiville A Nashville urn. 4e. . 76 Northern Pacific V. L. 4s. ... 70 Reading general 4s... 73 Cnion Pacific 1st '4s... 77 ' lTnited Slates Steel 6s.;..... 89 Cnion Pacific lit ref. 5s 67 . Southern Pacific convertible 6 95 : Southern Pacific convertible 4s 1 ;. Pennsylvania convertible 4i. 84. Pennsylvania 1st 4s 75 Chesapeske A Ohio conv. 6s. . . - 74 Oregon Short lane 4s..... . 77 Boerd Ask. 59 78 68 ,93 H 7 72 76 71 73 78 OO 67 9.V 74 H 87 75 74 77 ; " Forelga ; Bond Market v Furnished by Overbeck A Cooke Co,. Board of Trade building: , i . . ma. ' j. A. F. 6a Oct. 1920... !'JJ U. K. 5Hs Nov, 1921 . . . . 96 96 Rep. France 5s ll.,.,...f a Psris 6a Oct. 1921 .. 93 94 Russian Eitn. 5s 1921.... 34 . : Russian Intl. 5 s 1926;.... ? Don. 5 Apr. 1921 Zi 2 nam. 6 Apr. laai... . Don. 5s Apr. 1926 ......... Dom Canada 6 1937; 83 88, U. Kingdom 6 1937...... 85 ..... FOREIGN EXCHANGE RATES crrmrrA dallv - br foreign eiehange ment of the ITnited .States National ' bank. depart Ooening nominal rate Draft. ' ... Checks. - London -Pound sterling . ...3-3 Paris Franca.. 8.57 Hamburg-Berlin- Marks ..... S.na Renos Lire - .. 6.18 Copenhagen- Kroner - . . . ,16.0V . Chrietiania : ' Kroner ... .17.00 Stockholm Kroner, . . k .22.00 Hongkong - . . Currency ..72.25 Yokohama Tea ......51.50 Shankhai- - Taels ...... 1.02 for bank transactions: CabU - Par Transfers. ' Value. $ 3.94 9 4.8665 .8,68 ,' 5.1826 - 2.65 . 28.82 6.19 5.1820 16.60 ' 2 .. .17.10 26.83 22.10 26.80 7-e.T : 51.TI. : 43.00 1.03 ToUl gross deposits . .i ........... . , .-.$153,549,000 Federal Reserve notes In actual circulation. . .$241,461,000 Federal Reserve bank poles in circulation, net liability i'. .................. . 9,647.000 All other liabilities 1.773.000 Total liabilities ... ........... Memo Contingent liability on bills for foreign correspondents ..... $ 194,64 L 00(1 $ 231. UOJ 40 lUB.Otf 065. 000 1,0513.000 $418,135,000 $ 6,3a4 00O . 7.639.000 1,84-1. 0O0 121.745.000 25,846.000 6,858.000 $15fi.2,.0,00O $2U-i,lbB.U0l) 8,682.00b 6.074,000 $ 43.4156.000 , 13.68j.OO() 67.118.000 $124.7S!, turn 3 2.6311.0 10 : &;7us.uv."i $133.l:io,im i , $ 411,000 BS.ll'l.ooo; ' 4o;.,i.!0 7y.;ooo $346,872,000 $ 4.J76,OiMI 4. 678. ooo 1L'.S0 000 90.6 IH. OOO l'J,6-0,UHU 6.047,000 $128,148,000 $01,213,000 ' 7.33!t,000 sL'0 000 3424.5 13,000 purchased $ 726,000 $418,135,000 $346,87,000 $ 738.000 Nearly All Prunes . At Eoseburg Sold Eoseburg, July , 6. The pruna market prac tically closed in Douglas county Saturday. The buyers who have( been in the field for the last two weeks have purchased their uuotaa pf prunes, wlitch is enough to cover the orders they have on hand. The prices this year are es high as 16 cents, this price, with Its drop, ts about the same as g 14 -cent top with 'drop. Tlie bny- ers signed np most of the big growers until th?y had secured the amount wanted. Th rate give a hih premium for big prune, but the heavy drop on the other sine bring the market to a bout, the name level as last yesr. The growers are well caticfied with this price and. while the market will remain closed until about August 1, it is expected that growers wi.l receive an averf sgs of 14 eents for this season- yield. , ' , Toledrr, Seed Market Toledo. July 6. II. N. 8. ) Cloe: No. 2 yellow; 31.66. Oat. Nj 2 whit Iff 1.11. ltye, Xo. 2,' 82.18. Bsrley, 6V-42. , , - . I -; " Clover rtah, 323.25: Ocloher. $23.45! eember. 824.i0 bid. Alsike, csmii, 325.1.1: Corn. $1.10 No. 2. r-- Oo- American ajitl British i-Tobaoco inter ests together with bankers in United States. Eng-land, France and Belgium reported to be negotiating with French government for purchase of that gov ernment's tobacco monopoly for $100, 000,000. V: ! : ' Federal reserve board's' weekly state ment shows reserve ratio advanced from 42,8 to 43.6 per cent. New York Federal Reserve bank ratio Increased from 38.3 to 39.5 per cent. Decision expected labor boards award soon after July 20. railroad Twenty industrials $92.29 ; up $1.94. Twenty rails $71.33. up Zt cents. Chicago Dairy Prod ore .' 1 -Chicago, nt. July . (I. ' S.'' S.) Butter: i Reeerpta, 10,668 . tub. I Creamery. estra. . 66He; centralized. 64ci firsts. 49&,Zc; seconds. 44 4 8e; packing storf. 8440e. Kgg Receipts. 15.511 coses, Mincelianeoua. 38 40c: ordinary-, first. - 86 37ef . firsts, j 88He40c; extras, 47, 48 e; checks, j 29 30c; dirties, 31932c. , Cheese Twin, new, 25 25 c; daisies, ! 15 2 Ac: Toung Americas, 2626e; long horn. 26 J26c; brick, 26 26 e. ' Live poultry Turkeys. 80c; chickens, 28e: broilers, 40 V 44c:, roosters, 20c; geese. 204! 80c; ducks. 28B40e. Petstoes Receipts. 87 ears Rastern Cobblers, bbl, $10.5012.50; Kansa. Karly Ohio (per 100 lbs.), $7.00; Southern Triumphs, $6.25 0 6.75. , f There Remains Only of the original issue of $175,000 3 Year 7 Gold Notes . ..: f- Portland Union Stockyards Co. Price To Vie! r 7 Share in "the company's profits by investing in its gold notes. v i . ..'!" '...;' Den. 100. $S00, t 1000 ijoiTiKisIrust.Cc jasaT aw n g n i ii ,n , i. Lumbermen Bid sr. tober. 323.&0; fiecember. $2.1.00. Tuoollu- 1017, $5.45: 1018. $3.4 6; 1919. $5.50; September. $5.80 bid; October. $5.62 ; Ieeember. $5.67 bid; March, $5. 88 Bid. To Those Wh9 0wn . ; Property WE are about to send out a series of in structive bulletins on subject! affecting property management. Many Interesting: sub jects will be discussed. - May we put your name on our mailing list? Strcn6nzcll3ulTtcn -vH I JULY INVESTMENT OPPORTUNITIES PUT those funds to work for you without delay. v Rightly Invested, they will net you handsome returns. . !, J Our lists of choice Northwest municipal bonds point the way to the most satisfactory of investments Just the thing to take care of the funds which might lie idle indefinitely and thus lose what you otherwise would gain. I . , Use our service system to the limit in. selecting investments here. We call attention to a fine issue , Frineville,-Oregon , $3Srd00 (Ftuidixis) . v r Yielding 3 i. W lgsw i mmA Dated April 1, Kst. matiritlet lt3I-$ PcaoralnatioB, $16. Price 1, to yield 6 r PrlnclpgJ and Semi-Annual Interest payable In New York at Morria Brothers, Inc. , PrlaeTllle ! the eoaatj teat of Crook ronty is aa lrrijratioa eeater modera ntaalcipallty. ' - ' TlrhOB or Telerrah Order at Oar Exeitt r I Caswaa " 0M.msi pUH s: jBjaaasssaasss Morris Brothers ms - Seattle ' -Central Bldgv MORRIS BLPC,. rOBTLASD, OB. - San Francinco Iter. Sat. Bldf. Cevaaaaame I OxeaOnena I U-vvarV Mr. Mortgage Investor: with land You are famjliar the rich body of comprising the Sandy Municipal Drainage Dis trict lying along the Co lumbia Highway just east of the city limits of Port land. extending from Fairview to ' . -Troutdale. ; The land is . devoted to intensified farming, truck gardening, celery culture, etc.- The lands of this dis- , trict based on actual pro ductive values are worth, a very large sum. It ha a municipal debt of less than f 50 per acre. These bonds are payable from a prior tax lien, attaching directly to thi Jaiid. run ning ahead of mortgage indebtedness and any other kind of private debt. . Can you compare any mortgage .security jou have ever held with the safety of this? - And tiie ; income on these bonds is" " free from Federal Income ' Tan both , the normal tax and alT surtaxes. These- b'U bonds ma ture during 5 tw 1 1 years. You may have your choice as to length . of investment.. You may invest-in units of JtiOOO. 'Interest is collectible ' semi-annually simply by cashing the attached cou . pons. ... You earn 64 interest. Incom Tax Exempt Did you ever own a mortgage that will com pare with , this? Call or write for details. StooMO PwenU Maim 644 MOvmfWrSTtRN BANK CLOG. P i .1 r ri , ORY&rWmCE SDOCESSFUlKV'iiSTCH This book cotabin 8 with tba .vptniona of tb leading frnan- ciaj &Aor tb axparkmca ol 180 isrraetcrra. It ia Jvat what land tb TracticV of Sacctr rWIaf eating. Ycm shookl read thia reaaarkabla book. 5i ia mmf. It k tUffea-svo-i from aAT-tbany Isterotof ore phiiabd em tba asabjact of aavrincr and iirvMtigic. Sand for U today. KRIEBEL KCO. INVESTMErsT BANKERS -37jSo. LaS&lle St.-Chicaf0 Sleeks, Bead. Cotloa. Urals. Kte. l-il7 Board ot Trade UalMlif - Overbeckf&CdokeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES lenlrtn Chleafo Heard ot Tradt or Cerrespoaileati Ckicara Loraa & tw ' Bryaa lars