THE ORDGON DAILY JOU RIIAL, PORTLAND, "OREGON
HIGHEST PRICE ON RECORD ASKED FOR NEW ALASKA SALMON TREASURY DEPARTMENT ftEPORTS ..St
tui:jlay, July 13, r.-j.
LETTUCE PRICES
nririn Tri on pcmtc
iiiuir in nil i.riai i
UIIUI IU UU ULI1IU
Lettuce prices- took another decline
fuesday 'on " the farmer market,
growers offering to sell as low a 80
centa a crate of tt fancy beads. The
market la well aupplled with good quality,-
home-srown lettuce, which can be
purchased on the farmer's market at a
"reasonable figure, but the retail price la
o high that the consumer la mot buy
ing much.', '::-?
.. Tuesday asornins Tmhin street merchants
were asking IS cent each tor TJe asm "
kesds that snid an the fanner's mrtnrt f a
trifle evr 2 cent each: and 10 eent for slightly
nullw alw-d beads and 9 eent each for heads
eemt the aiM sf large orange .
Wholesale ennmlnloa merchants who vtsitea
th fartner'a market Tuesday to get their anpplr
f berriee and vegetables say the grower lalrly
begged them to take a few crates ef lettuce. If
the retailer end those wiling on the TamhUl
ttrmrt market would be satisfied with a reasonable
profit, the Urgent eiaed bead could be eold 'or
eeehv or not to exceed two bead for V
eent. At this price the consumer oould afford
to purchase more liberally and the farmer
would no longer stand the chance of feeing a loss.
Practically the fame eonaiuoo prevail in sue
'green been awrfcet. Fmh wax or ren bean
fro The Dalle eae be purchased in inc wnote-
eale market lor 8 or rente per pound, wherea
th price on Yamhill stmt Tuesday saorninc was
1 a cents -per pound.
A nmfit rj 1 M) ner cent is also asked on dry
California onion by many retailers. Onions are
aellinc for 1 V ecnU per pound on Front street
and for t cents per pound in we siores.
Thru dMiriae arterial Information regarding
any market should write the Market Editor. Ore
aoa Journal, encloetag stamp for reply.
DRESSED MEATS REMAIN FIRM
Even though the supply was liberal Tuesday,
the ton ef tha dressed meat market remained
firm, both Veal and hogs going at 22e per' lb.
for extra fancy stock. The meat famine of a
few days ago baa been broken.
CHlCKEX TRADEVQriTE ACTITB
Considerable - activity was displayed in u
chic I an Una. Fancy heavy hens, and extra beary
broilers sold as'hixh as 2 80 per lb. General
market prie was around 25c Receipts bar
bea light for several days.
TOO AKlt BUTTER MARKETS FIRM
.- Prices In butter are unchanged. Market is
firm. :
4 darger age dealers hare gone oat 'with a 40c
f 'tying price on eggs, but th smaller; dealers say
it er cannot pay over 89c per down. Th sup-
f. at preaent is light, and receipts are not equal
Turn oemaeo. . . -Ji -
1! .
CHERRT PRICES LOWERED- .
Cherry growers who called at canneries Tues
day found a . drop in th price). - Th Oregon
Paakers aasocisuon offered lie per lb. lor dry
cherries only, refusing to take anything that
had been exposed to th rain. Th Starr Fruit
Prod arts company quit buying cherries Monday
- and refused to buy even dry fruit Tuesday, morn
ing. .They were paying 10c Mender before the
etna. - Those who contracted with th canneriea
before th season are receiving 1 8c per lb. for
their Keyal Anne cherries. : ,' ......
BRIEF KOTES OF PRODUCE TRADE
First Ceaebaa of the season arrived. Quoted
at oc per lb.
watermelons plentiful at 4 He? 5c per lb.
Cantaloupes from Imperial-valley about used
UP. . First oar .Turlock left California Monday.
Tha rain haa cut down the demand for fresh
fruit
WEATHER lfOTIOE FOR SHIPPERS
Weather bureau advises: Protect shipments
during the next IS hours against the following
maximum tamperaturee: Going north. 70 de
grees; aortheast over 8.. P. dc B. R. B.. 85
degrees; east to Baker, 86 degrees, and south to
Ashland, 00 degrees. Maximum temperature at
.Portland tomorrow eyvout 7ft degrees.
WHOLESALE PRICES I IT PORTLAND
4 (una aia (jtow msiiers per wouiesaiers. ex
cept .as otherwise noted: -.
' ' Dairy Product
BTJTTKR-' Belling price, box lots: Creamery.
prim, parchment wrapped, 57c lb. ; prime firsts.
one lb.; firsts, oec lb.; smaller lots at an ad
vance: Jobbing prices: Cube extras. 54c; prime
firsts, R2 5Se.
BUTTERFAT Portland delivery basis. 56 A
8e: country ststion. 54 56c
OUS(iSAR(aRIM5 Best brands; 40c; ordi
nary. 38 He; bakers, 38c: nuUnargarine. 1-lb-eartonn.
82c pet lb.
CHEESE Selling price; Tillamook, fresh
Oregon.', fancy triplet, 823Se per lb.; Toung
America, 34 0 B5c Prices to Jobbers, f. o. b.
Tillamook triplets, 29c:- Toung America, SOe.
Selling prices : - Crem brick. .40 42c. Selling
price; Block Bwias. 48 (a 49c; limburger. 40 9
4c per lb.
Km.S Burlne price: Current recelDta.
SB 40c: candled. selUng price. 44 45c;
aelect, 484c per dosen.
LITE POFXTRY Salline nrice: TTaavv hens.
25c; light bens.' 17et serine liaht. 17 0 18c:
heavy. 25c; old roosters. 10o per lb.; turkeys,
Use, ( ; dressed. 45o lb.
.. rresfi Veaetafele and rlt
FRESH FBUIT Oranges. 85.0007.50 per
hot : bananas, ll12c lb.; lemons. 85.25
9.i per crate; Honda grapefruit. $8.00 g
000: California. 3.2B8.75: cantaloupes.
$1.7594.50. -
APPLES Various varieties, focal. $2.00 0
B.00 per box.
DRIED FRUIT Date.' Dromedaries. 87.50 i
Fards, 4. 00 per box; figs, 32.BO5.no box.
ONIONS Selling price to retailer: New red.
81.28 9 1.75; white, 81.73 crate; garlic 85e lb.;
green onions, Z5M0a dosen bunches; enioa
sets. 1 7 1 ft lb. i
POTATOES Selling, price! Oregon, fancy,
88.00; Gems, 88.00 per ct; saw Garnet.
TSfc: white. 78c
BERRIES Strawberries, 84.75 9 5.00 par
crate; raspberries, 54.2594.75; loganberries,
$3.00 X 8 25. -
VEGETABLE!! Turnrrw. "$3.50 sack; rsrroU.
84.00 sack; beeta, 80e dosen bunches; lettuee,
31.00 per crate; cucumbers. 82. 0O per dosen;
tomatoes, 83.004JiO; egg plant. 50c per
pound: bntcroB, $2.!
:.13;
bell peppers, 25c; eel-
ery, II33nz.II dnsen; asparagus. Oregon,
11.75 pat dosen bunches; string beans, 83(9e
par lb. ...
? '' Meats and Prevision. .
COTOTRT MSATS Seltine orlea t Crmntrr
ho, 31H622 for top blorkers; heavy, 10c;
east vvai. 21(zjc; neavy veal, lee per lav
SMOKED MSATS Haa. 4148e per lh:
orvakfast bacon, 83 BSc: picnic. 25c per lb.;
cottage rou. 91c par lt.
LARD Kettle rendered. 26c To.: standard.
sevse; uarce oasis, compound, xi mc
Fish and Shellfish.
FRESH FISH Salmon, fresh Chinook. 22c
ID.; Bailout I res a, loazZe per lb.; sturgeon
( ); black eed, 10 lie lb.; kippered sal
men... $2.60 per 10 lb. basket; kippered cod.
82.85: raaor clams. ( 1: crabs. .-33.75 ( 8. 78
doses; roe shed. lOe lb.; dressed shad. 3w)6cs
vol con, swee 10.
StJCAR Neminsl prices, refinery baste: Cube,
$24.85; fruit and berry. $23.50; D yellow,
$2J.OO; granulated. $28.60; extra C $23.10;
goraen u, j.uu. - s,
HOSET New. $7.007.60 eaaa. -
BICE Japan style. No. 1. 12o; New Orleans
bead, 1; Blue Rose, 14 c per lb.
SALT Couroe. half ground. 10O, $17.35
per ton; 50s. $18.75; table eiairy, 50s, $27.25;
h.ies, $3.80 4.00; fsney tabl and dairy,
310.80: lump rock, $20.50 par tow.
BEAN'S Sales by Jobber. Small white. Ttte
per io.: iarg wrute, 7 ac lb., piak. 8 He lb.
luaaa, 12 e; bayou. 11 e: reds. 10 He; Ore
CANNED- MII.K Carnation. $0.35: Borden.
!S!;: - A"'-'8" 5. Eagle. $12.35; Ubby.
to.u; Ji'nni rrmn, .fQ.sa per ease.
Kjriia -souim, iwoc in tack or
urumv
SODA CRACKERS In bulk. 20 per lb.
'NCTS Wamuta. S540e per lb. s almonds.
4k . giT1. as f O. 1 t- a . .
cv . . twirtiiw, a W III rs&TJa HH$ YT W wTw)
14 9 lie; pecans, 23c; Brarila, 35c
. '2 Bopaa, Paint, Oils
POPE Sisal, dark, 18 Me; white. 20e lb-!
Steeks, Beads, Cetlaa. erals. Bte '
118-317 Board sf Trade Bsildiag
Overbecki&CookeCo.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
If sibrs Ckleags Board sf Trad
Corrondeat
f
lo;Ba Bryaa
-2iSW lark .
The rata Monday went hard on the
cherry crop and will probably mean that
tha housewife who delayed obtaining her
upply will not be able to set top Quality
atock without going; to extra trouble. So
far tha rain haa not cracked the ripe
Royal Annea or Binge to any great ex
tent, but it is bard to tell what condi
tlona another day may bring; forth. Prac
tically all the Lambert cherries around
Portland have been ruined. ; Every Lam
bert cherry haa been cracked, according
to reporta from growers. - ;
The rain also caused a sharp advance
in berry prices. Strawberries were sell
ing around 16 per crat and raspberies
sound $4.75. . Both were very scace.
First shipment, of apricots from Wenat-
cbee, Wash4 arrived la the market Mon
day. The apricot crop is very short this
season, so lower prices are not expected.
Those who desire apricots at all had bet
ter get their supplies at once. .
There Is plenty of local grown cabbage
on the market. , : .
- Carrots, green onions, beets and tur
nips arriving on the market are in ex
cellent shape. it :
New potatoes are arriving in larger
lots dally. Prices are being lowered.
The foUovrine Dricea are avcrace ones the con
sumers as expected te pay retail stores. Quality
ouocea is average, fancy etuii oeing . sngmiy
higher and inferior atsiff fraetlaeally lower.
Huuer Beet creamery print, ozessee.
Kgge Fresh laid, a 2c per dueen; fancy fresh,
4T4o per doaen. i
Poultry CbiokerM, dreased. 85 40c per lb.
Pisb Salmon. I015 per lb.; halibut, 10c
per lb. s '-: '
Fkmr Beet local patenW $3.60 4.60 per
sack, 49 lbs. - -
oPtatoes Boreanks, m 16o lb.
Onion Dried, 4e per lb. :
Strawberries Oregon, 25o per box.
Kasyberriea -Local,, 25c per box.
Limited Demand in
. Chicago Grain Mart
Chiraco. July 18 (I. N. c K.) Grain ' fa
ta me slumped severely . an the board of trade
today, working steadily hiwer after an opening
bulge. Bust advice were less numerous : and
those that did appear had less effect on ; the
market. t
July was the weakest ef th corn deliveries,
slumping 6 H e from its early high market and
closing at a discount of a shade under Septem
ber. The nearby delivery was affected by larger
receipts and a break of as much as 8c under
yesterday's sales in the cash market. Leading
cash interacts were good sellers of the July. .
September was the weaker of the two de
ferred months the soreed from September, nar
rowing 1 H elf He Considerable chancing over
in the way ef buying December and selling
September was in evidence from th start. Thirty
thousand bushels were sold to go to stera, mak
ing 7(0,000 bushels so far this month. Stocks
at St. Louis gained 114.000 bushels to 400.000.
Oats broke in sympathy with corn, July
showing to greatest weakness on prospects of
larger receipts, weakness in the . spot market
and the sale of new Oklahoma- oati, 10 day
shipments at 05 S6c track here. Country of
ferings were larger, but mainly shore the mar
ket. Volume of trade in the pit was not heavy,
but ' fluctuation were rapid within a narrow
range, buying against bids checking the decline
several times. .
.The elcee showed losses of 8 981 e for
July earn, 8Ho tor September and e for
December. .July oats 2 14 2 c; September
IVe and-December lite. Fork closed 47 H
687He off; lard 4O042HC tower and ribs
line under yesterday's finish..
Bangs of Chicago prices furnished by the
United Press:
CORK.
Open. High. Low. Close.
...ItDtt 161 155H 1R
.. .158 V 159 H 159 156 4
...142 1434 140 141
3nj .....
September
December .
July .....
September .
December .
, OATS
...9ft 87 05
.. . T ' 80 78H
... T7 7TH 75?
PORK.
05 H
78
78
July ....
2820
2960
1852
September '
July
.2000 3000
LARD.
.iono ioos
' RIBS.
2062
September
1026
. 1830J
July .....
September
1840
1730
.1750 1750 1780
' POTATOES ALONG THE COAST
Seattle Market
Seattle. Wash . July 13.-(U. p.) Potatoes.
Eastern Washington netted gem. $200; new
California, per lb., 8c ...
Los Angeles Market -
Loa Angeles, July 13. (L N. S.) Potatoes
New stick -supplies liberal, market steady.
Local Early and White Rose No. 1, . mostly
82.25 2.50; No. 2. 1.00 1.50 per hig, ac
oeniing to eiae; . 100 pounds, sacked. No. . 1,
Ktw Tork Produce Market
New Tork. July 13. (I. N. S.) Liv poul
try Mark it firm. ChickRia 45 a 50c. fowls
87 88c, turkeys 86c, roosters Z2c. ducks 85c,
ceeee 18 0 20c.
Butter Market quiet and .easier. : Creamery
firsts 5s Sf B He. creamery bigner scoring 58
S2c, state dairy tube 4 fe die, renovated extra
460c t
Cheese Market steady. Stat Whole milk
specials 2728e, whole milk fancy 20 27c.
lower grades 20 0 23 He Wisconsin Whole
milk, fancy Toung Americas, 8081e. , State-
Skims, specials, 18 19 e; skims, choice.
ltS)18. . : !
Eggs Market firm, i- Nearby whit, fancv.
61 63c; nearby brown, fancy, 54(7c; extra.
02fbsc: tints, 49 48c
Milk The nominal wholesale price is 2.05c
per quart, delivered ia New lerk. Official uo-
tauona aiacoounaea.
Money sad Exrhaare
New Terk. July 13. L N. 8.1 Call monev
on tha noor of toe New xork stock Exchange
today rule at 8 ner -cent; nigb, 8 -per cent
low, 8 per cent. Time money was firm. Rates
were: Sixty days. 8- per cent. The market
for prime mercantile paper was steady. Sterling
exenange was eay- with business ia banker'
bills at 38.82 lot demand.
Few York-London RD.Tef
New Tork.' July 18.- (I N. S.1 Commercial
Bar suver was quoted: UomesUc unchanged
9e: feeeign. e higher at 83 c.
London, July 13. L N. S-) Bar silver vj
d bichcr today at 58 d.
Hlnseapoiis-Dsluth Flax
Duhith, July 13. (X N.: S.) Flax Jaly,
s.ez; . Beptemner, sb.tu; October. 38.70
track. $3.82 8.67; arrive. 83.65. .
Minneapolis, July 1$. (L N. g.) Flax
NO. 1, $3.60 3.06.
Tfaw Terk Sagar and CoUas
New Tork, July 18. (TJ. P.) Coffee
7. Rio. 14 Her No. 4 Santos. lS2tc.
-No.
Huaar Dull;.ray-. 818.66; refined dull. gran.
mated, tzz.va za.ou.
standard Manila, 28 c
LINSEED OID Ra, hbls.,
ketfle boiled, bbls., 32.00; raw.
$1.09 sal
82.18;
boiled, cases, e.ia xauon. .
COAL OIL Water white, in drums or
barrels, 13c gallon; eases, 24e per gallon, '
iron
GASOLINE Iron bbls.. 25 c: eases, 88c;
angirte distiUate, iron bbls;, 16e; cases. 83 c
WHITE LtAD Too . lots, 15c; 600 Hn
15 He per lb..
TCRPENTISE tanks, $2.26; oases, $2.41;
is case lois. ig ises.
Heps, Wool and Hides '
HOPS Nominal. 1818 erop, $1 per lb
HIDES Nominal No. 1 salt cured bides
1 under a ies.i, ise; na 1 salt eared hides
(over 4 lb.), 14o: No. 1 saft cured bull
hidas. 12c: partly, rured hides, lc per lb. Waar
green hides. 2c per lb. less; hair slipped hides.
DBfuum ssas ansa ri o. i nines.
Calf and Kin Skins
No. .1 trimmed calf skins (up to 15 lb. ) ,
25c; No. 1 trimmed kip skins (15 to 80 Ibs.1,
ioc; nair unm aams, ans-iniru teas toaa No.
i Sauna.
Dry Hides and Skins -
Dry flint bides (7 lbs. and up), 25e: dry
inns onus, nc; ory Hint calf afcini (under 7
lbs.), 85c; dry salt hides (7 lbs. and up). 20e:
dry salt bulls, 14c: dry salt calf skuu (under 7
us.J , sue; ary cuu ntaes ana skins, self price.
-.More Hide
Creen er salted- Large, well taken off hides.
SS.OO; pony and small hides, 34.00; dry hers
hides, 81.50 to $8.00; hides with beads off.
50s less;, horse tail hair, per lb... 25c; horse
wan nair per id., -loo. '
MOHAIR Nnminal.
TALLOW AND ;REA8E--No. 1 UUow. 8c;
. mo.- a areas. c; ixo. z grease. Bo
CASCARA BARS Nsw peel, 10 He lb.; old
si. ' an.
ALASKA SALMON
PRICES HIGHER
Opening ' prices pn the 1920 pack of
Alaska packed salmon were announced
Monday by Demi rig Gould 4 Co. of Bel
Ilngh&ra, Wash., as follows, according to
advices received in the local trade : Alas
ka Reds, tails, $3 Jti per dozen cans ;
Alaska medium reds, $2.00; Alaska pinks
$1.50 ; Alaska chums $1.15. all in one
pound tins..
This is an eirepOonally high opening price,
test season's being around tne 82.50 mark for
the reds. So f ar u e known ia the weal
trade thia ia the highest price ever asked for
the Alaska packed stock.
Packers of fancy Columbia river Chinook aal
mbn have not entered the market with 1920
Quotations, but it is understood that a few
sales have been njade at $3.90 per doaen or
fancy Chinook, spring pack, in one-pound tails;
84. 00 in one-pound flats, and 32.50 ia
pound flats. Whether or not this price will be
mamtalned is problematical, as tne i ninooa sal
mon umially command a one third higher price
than th Alaska pack. 00 account- of its -,u-perior
quality. , - '
8 far this season the pack en the Columbia
river is up to normal, but if the water in the
river does not clear up soon it will fall below.
Chinook salmon will not enter fresh water
that is dirty, so seiners are not catching tuany
fish. : Experienced fishermen say the salmoa
wait outside the mouth ef the river for clear
water. As soon aa the dirty water has passed
they expect large schools of fish to make an
effort to get into tne nver at tiie same time.
Fishermen hone to make record catches at thto
time. TroUers working in - the ocean outside
the mouth of the river also report poor oa.tr hex.
Monday afternoon a member of a motion
picture service ealled on local Ash experts te
gain information regarding salmon -canneries
and sealing grounds, in order that he uitht
photograph the industry and reproduce the pic
tures on the screen. lie expects to leare Poit-
land . for the mouth of the Columbia nver in a
few days. jr
AM ERIC AK LIVESTOCK PRICES
OhleesM Hoes. 31 6.1 S
Chicago. July 18 (I. N. S.) Hog Receipts
85,soo. Market. 10 W 2oc lower. Bulk. 818.76
a IB. 00: top. S1S.1S;- beavyweigst. 814.400
15.75; medium weight. 815.35 16.13; light
weigbt.-$15.1016.15; light KghU. 814.00 0
15.85: heavy packing sow, smooth. $18,600
14.60: packing sows,, rough, $13.00 & 18.60;
Digs. 318.00 ta 14.75.
Cattle Receipts 1 1 .000. Market, handy
weight steers and yearlings, strong to lOe high
er; others slow. Beef steers, medium and heavy
weight, SlS.zs m 17.26 : cnoice and prime,
816.25 0 17.26: medium and good. : 818.00 0
16.26; good and choice, 813.10 16.00; com
mon and medium, SIO.26 (g 10. iu: outener cat
tle, heifers. 86.30 6 14.75 : cows. $6.50 0 12.75;
bulls, $6.00 12.00 ; cauners and cutters, cows
and heifers, $4.25 6,60; eanner steers, $4.50
fl)7.50: veal calves light and bandyweigbt.
$12.25014.00; feeder steers, 88.5012.00;
stecker steers, $5.28 8.50; stoeker cows and
heifers. $5.25 m 8.50; stoeker calves. Stt.au 0
in no ... . . .
Sheep Recerpu 11,000. Market slow, most
ly steady. Lambs, 84 lbs. down, $13,509
16.75; lambs, culls and common,'$7.50 18.60;
yearling wethers, $9.50 18.50; ewes, 36.25
8.50; ewes, culls and common, 83.00 0 5.50;
breeding ewes. $6.60 11.00; leader
j.1.60 013.75.
Oman moos sibjo.
Omaha. July 13. (L N. S.) Hog Re-
eeipta 10.000. Market, 1025o lower. Bulk,
ill AAA 11 KA. tr 11 l.lO. I
Cattle Iteceipta f.Itu. utnn, aenenuir
itMil, nn alt rkiua. Rt beeres. 816.25.
: tsheep Beceipts iu.uuu, msraet, biuiub
grades generally 25c higher. Feeders, steady.
Kansas city rtooa ..
ttiw..ini, it Ai)A Marhet. steadv to 25e lower.
Steers, $9ig 16.75; eows, $8 11.50; stoeker
and feeder. $6 913; casres, $8 IS. .
Hoss Receipti 0OOO. Market, llliJM lower.
Bnlk. $15.25 & 15.80; top. $15.85: heavies.
1.Z5 15.80; llgtita, 16.4U io.oo; meua-
m, $15. 40& 16.86.
Sheep Reoeipta. 8000. Market, steady So Z6C
higher. Lambs, 315.50 15.75. ,?
seatue manes t
Seattle: July 13. (L N. 8.) Hogs Re-
oelpta none. -
Cattle neeetpta loo. ateaay. nest sieera.
$10.50 11.00; medium to choice, $9.00
10.00; common to good. $6.00 7.60; best
eows and heifers. $8.00 8.50; medium to
choice, $7.00 $8.00; common to good, $8.00
7.50; bulls, fs.ov0o.oo; caivea, si.uuis
14.00.
Denver nogs sia.su
Denver July 18 Cattle Receipt 400, mar
ket strong. Steer $9.00 14.00; cows and
heifers, 37.00311.00; rtockers and taedars.
$6.00 9.00; calves, (H.UU lfiz.au.
Hoan Receipt 1500. steady. Top $15.60;
bulk, $14.00 13.50. :
Brteep Receipts bouu. Hroq. iamn iii.vv
015.25; ewes, $8.00 8.60. . ;. ; ;
SPOT HOUSES CHIEF SELLERS ;
' OK 1SEW TORK COTTON MARKET
New Tork. July 13. (L N. 8.) Active
buying of July by Liverpool houses at tha open
ing of th cotton market todiy was the cause
of an upturn of 30 points in that Contract, while
later months were . 7 point lower to x potntf
hieher. Snot house were th chief sellers of
July and Southern wire houses and New Orleans
interests sold later moiuv' At we ena oi uis
first half hour the market was somewhat unset
tled. - . . , .
The close was eteady witn august as pomes
lower and tha other month unchanged to 15
points higher. ,;:;. i, - i
Furnished by Ovarbeck
of trade building.
.. ' Open.
January aOBS
ek Cooke Co.. Board
High.
-8105
Lww.v
8085
Close.
BIOS
8070
8038
8005
2970
2955
4080
86S7
8540
8387
8285
February .
March ...
... 3083 8040 3022
April . .... i ... .
May ...........
June . . ........
2070
2960
3980
8678
3500
8330
2977
2960
4040
3675
3540
3847
2060
2960
3980
8855
8465
8322
July
August ........
September ... ...
October ........
November .... . .
December
8165 8180 8150
8178
New Tork spot market 60 up. medium 4L
Ktw York Bond Market
Furnished by Ovarbeck 4k Cooke Co.,
Board
Ask.
T8
79
80
69 U
94
78
74'
79
23
73
76
80
02
07
75 H
87
78
76
70
of Trade building: ?kL
Atchvnn GenL 4 .......... tZm
BaL aV Ohio Gold 4s. ...... .. - 79
Beth. Steel Bef. 6s. ....... . 77 H :
Cent. Pacific 1st 4a. . 68
C. B. Q. CoL 4s 98 H
St. Paul Genl. 4H , 68 H.
Chicago N. W. GenL 4s 72
L. aV N. Uni. 4s..... ". 77 H
New Tork Ry. 6a. ....
Northern Pac P. L. 4a 73 H
Reading Genl. 4s. 76 H
Union Pac . 1st 4s..........' 79 H
U. S. Steel 6s ......... 91 4
Union Pac. 1st Ret. 6s. - . . .. 68 H
Southern Pac. Conv. 6s...... 96
Southern Pac Conv. 4s. 74
Penna, Conv. 4 Ha. . ........ 86 H ;
Penns. 1st 4s.. 75
Chea. A Ohio Conv. 5s 75
Or. Short Line 4s. . ,76
Potato and Hay Crops Good
Yakima, Wash., July IS. Sixteen hundred
cam of Yakima hay have rolled to market ac
cording to H. A. Glen, general agent far th
Northern Pacific. The demand for nw hay
haa nevet been so great owing to the cfoce
clean-up made on the 1919 crop all eraer th
Pacific coast- . Yakima growers are expecting
a bumper crop this year and estimate. th total
now at 15,000 carloads. The spud crop at tha
valley will also be a record breaker. : The acre
age is 25 per cent, greater than -last year
when 2680 cam were marketed... Spud shipments
began .last week when four can from the lower
vaticy rolled out under ice. The Ktanewtet
district expect to market about 150 to 200.
cars in. this summer. The present ruling price ia
$130 a ton. v-, v, .
' Fsache to Opra at tSi ' '
TakimA, WasH-i July 18. -WhUe frost In
jured some of th peach trees in Yakima -valley
and the cherry crop ia a partial failure in eoma
place there are favored spots that hav bumper
crop. -Lombard St Hartley report that - the
peach fillers in their .24 0-aere apple orchard
in the BsenS district, will yield 85,000 boxes
and the opening price will be 81.25 a box aa
compared with 75 centa last ' year. : Eiehf
bint, cherry trees on the same ranch produced
five tens and the entire crop wa sold at 1 3
oeata a pound making an -average --f tbnit 820
to th tree. The Thompson Fruit company,
having 70 acres ef peaches ia the same i dis
trict, will market 25,000 boxea and expects t
mm t39,uv ii-r me crop.
Spot Cotton" Higher i - v
New-Tork, July 13. (1 N. B.) Spot cot
ton steady today at 2 He higher. No salsa. .
"Ktw Tork Metal Market
i New York. -July 18, (L. N. 8.) Copper,
easy: pct to September, effered. lie. .
fed. firm: snot to Seotember. offered. 8s.
Spelter, firm; spot and July $7.b08.1O;
amim inu oeioeuroer, 11.0vwo.v9; unoov
$7.84 8.10. ,
STavel Stores Market
New York. July 18 (L N. 8.) Turpentine,
Savaunah. $1.41 1.43 H i New York. $1.57.
Rosin. Savaunai, $115; New Seek. $12.25.
M XEDIO E I
THEHAYMARKEI
NORTHWEST GRAIN RECEIPTS
Wheat. Barley, riour. Oata. Hay.
Car
Portland Toes. . 48 . . . 2 . . 2
Tsar ago ... 8 2 1.1..
Season to data . 570 10 86 8 . 21
Year ago . . '. . 8 17 48 88 34
Taeoms M on, . 9 10 . . 4
Year ago .... 1 1 . .
Season to daU.. 40 1 88 1 20
Tear ago, ... 11 7 . . . 1 T
Seattle Mod. . . . . . . . . . ; . .
Xear ago ... ... 2 . :. '.
Season te data. . . . .
Tear ago . . . . 23 ..17 10 .6
The hay market this aeaaon ia a rather
mixed affair, according to a weekly trade
letter sent out by a wholesale dealer In
Northwest hay. "The growers as rule
are very independent and are financially
able to hold if the prices are not satis
factory,' the letter continues.; "In case
prices start lower than they are willing
to accept, , they may hold off selling,
which will hold up prices in the first
part of the season.
"At this time th growers are , holdlmr for
$22.00 tit 28.00 per: ton shipping point, or
basis $26.60 e 27.60 Portland delivery. The
question ia aa to what extent the growers will
sell and aa to how th market will be supplied
during th first two or tare month ef th
bson.
"Th buyers are expecting lower price ' and
for that reaxon they are not inclined to buy
for future delivery, at least not at tins time. Tne
last rains were very general aver the Willamette
valley, central and Eastern Oregon. Washington,
Idaho and Montana and were a life sever to
the grass and very much affected tha demand
for bar in all' sections. There Is practically so
demand in Bortland for dairy hay at the present
time and don t expect the demand will
mence for 30 to 60 days."
FLOUR Selling price, mill door: Patent
813.76; Montana spring wheat. $14.35; Wil
lamette valley brands, $11.20; local straight,
$11.20; bakers focal, 818.50; graham, $11.50.
ITires lor city deliveries lor tiv barret iotas
HAT Buying prices: , Willamette timothy,
fancy. $34 86 per ton: vetch. 832; chest. $26
26; straw. $10; clever ( ); grain. ( );
alfalfa, 881 a ton. - , -
GRAIN SACKS Nominal. New emo deli vers-
No. 1 Calcutta. 19c; domestic, 19 20o in
car lots; less amounts nigner.
MILLS TUFFS Mill run at milkt. sacked. $56
66.
OATS Per ton, buying price: Feed, $70
70.50.
BARLET Buying price: Feed. $66 66.SO;
milling. 36767.0i rolled -barley, selling pace.
371 ton.
Merchants exchange bids:
FEED OATS
. July
No. 8 white .....6600
BARLET
No. 8 blue ............... .6800
Standard feed ............. 5700
v . ..: CORN..
No. 8 yellow ... ,...,...6550
Eastern grain in bulk:
CORN
No. 8 yellow ..6450
August
6000
6800
6650
6500
6350
Strength Shown in
Livestock Market;
Hogs Jump to $17
PORTLAND LIVESTOCK RUN
Hog. Cattle Calves
Sheep.
Tuesday ........ 208 78
Week ago . 620 1168
Two week ago... 69
Four wteka ago. . . 506 86
Tear ago ....... ... 36
Two years ago. ... 181 121
Three years ago... 23 "...
Pour years ago... 828 a 73
219
J 1
-
10
231
612
59
433
Receipts were light Tuesday In all
lines at the North Portland stockyards,
only three cars arriving. The hog mar
ket displayed a - steady to strong tdhe,
with an extreme top quotation of $17.00
on extra fancy stock. The receipts In
the. hog alleys are nothing like normal,,
so the market is very short, which is
having a tendency to force prises higher.
General hog market range:
Prime mixed $16.25 16.75
Medium mixed 15.76 16.26
Rough heariea 10 0012.00
Pig 12.014.76
Smooth heavies ............. 12.00 14.7a
Cattl Market Stewdy
A steady tone ruled is the eatUa market, sale
heing made at tha market top. Quotations on
choice dairy calves were . resumed on the boards
Tuesday. Only 78 head of cattle arrived. ovwr
hight. These cam by boat. .
General cattle .range:
Choice grass lUer .......... .$10.00 10 50
Good te choic steers
0.60 010.00
8.75 9.60
Medium to good steers .
Fsir to good steers . . . .
Common to, fair steers .
Choice eows and heifers
8.00 8.76
.7n 8.0O
(7.50 8.00
6.50 7.50
6.50 9 6.60
4.10 0' 5.50
8.80 4.60
6.80 6.50
12.00 14.25
7.00 vi 8. SO
11.00 0 12.00
0.00 10.00
Good to choice cows and heifers
Medium te good sows and heifer
Pair to medium cows and heifers
Cannera .............
Bulla f.
Choice dairy salves ..........
Heavy caleea ...............
Best light calve
Medium calves
' . Shste Marftst Actlts
A steady to strong tone ruled la th mutton
alleys' Tuesday. Receipt were light.
General sheep and lamb range:
East of mountain. lambs. SIO.-BO 9 11.04
Valley lambs 7.60 8.50
Yearlings .. 6.50 1 7.75
Ewea 2.60 6.25
Wetheia 6.000 T.00
Tuesday Mernlnf galea
" 8TBERS
No. Ave, Toe. Price. I No. Ave. lbs. TrW
28.... 1062 $10.60 f 82..... 80S $ T.66
1.... 890 8 2.50
MIXED
562 $ 6.00
IS.
673 $ 7.00
HOGS
V.,
82..
1. .
2.,
1.,
2..
2 . .
1..
1.,
'! 8..
..' 250
... 202
.. 21.0
.. 165
.. 210
.. 230
175
.. 320
. . S80
.. 210
$15.00
293 314.75
16.75
6.00
16.75
14.76
14.26
16.50
14.00
12.00
16.76
7U 1J.IIU
2
4 .
2
1
3
6
1
250
170
305
850
123
160
aio
10.00
18.73
14.75
14.00
15.00
16.50
16.60
DAIRY PRODUCE OF THE - COAST
Sestale MtfHia$ ' '
Seattle. July 18. (C P.l BuUerream
ry cubes, SSe; briok. 67c ' . " .
Egg Fresh ranch, 50c; pullets, 44c
Hens 18 26c
Milk Par cvrt.. $2.80
ftaa Francisco Msriat
- Saa Frascisco. July 18. (U. P.) Butter
Extras, 60e; prime firsts, 58 c
- Eggs Extras, OSes firsts, 60 He; dirties,
52 e; extras, pullets, 47c; undersiaed pul
lets, 35 c . .. ;
Cheese California flats, fancy, 83c i
firsts, 20c.. . ,
. " La Mnselaa Market
Los Angeles, July L3. (L N. g.) Butter
rer pouna, oac
Eggs Fresh, extra. Sic; case count,
pallets, 46c; pcewees, 81c -
Poultry rrilo change
'48o;
-.'.;- ; , Grain "Will Kot Ma tare 1
Albany, July 1 3. Reeent, lnvestlgatioiu
show that nearly 18 par cent ef the fall grain
in ue vxwitr ot urawasviue wtu not. mature,
according to XL Dittmer. rancher, who says that
heavy rains which fell whii th grain was ia
bloom prevented the head from fertilising
properly. Oats win la many cases be hard to
harvest this year because of the shortness of
the. stems, Dittmer says. Monday evening rain
began- falling in Linn county to the Joy of the
grain and stock raisers, but to the disappoint
ment of those vfito have out their hsy. Unless
the rain continues far several day little hay
vrui ea apoueu. v .
PACIFIC? COAST BANK STATEMENT
Postlaod Banks.
Clearings This week.
Monday $6,958,005.90
Tuesday .... 8.08.47i.Sl
Spokane Banks
Year aam.
$6,834,040.78
6.202.310.82
Clearings . . .$ 1,784,720.00
jsaianees . . , . ... 39S.762.00
Taoema aanas
Clearings a....,,,..... ... $ 1,812.462.00
Baiaaeea . . , . ..... . ..... -. w , 876.161.00
. attis Banks
Clearing . . . .............$ 8.898.281.74
Balances . . . . . 2,314.361.88
an Franclsoo Banks -
Clearing . - . . . . . . ........ $27,700,000.00
Los Angslsa Banks
CJaaring . .$14,11051.66
PRICES FIRM AT
STOCK OPENING!
New Tork. July 13. X N. S. The
stock market closed steady today. 'Most
of the leading issues showed a rallying
tendency in the last half hour, re-
covering about one point from the tow
lsvels. Baldwin, after falling to 1174.
rose trver one ..point to. 117 steei
common, rrom ,7. soia Up to r at
the close. Missouri, Pacific was in dt-
mand. advancing 1 to 17. Mexican Pe-
troleum moved up sharply in the last
atiw caiiiuusai irgm ; oo w autu ariau-
American Petroleum -recovered over two
point : to : 1054. Fractional recoverlea
occurred in the motor shares -
Government bonds unchanged ; rail
way and other bonds steady.
Fornlsbed bv Orerbeek esMfe C.. Board
ef Trade building.
DESCRIPTION : Open High Low Ctose
Aiax Rubber
Alaska Gold.......
A Uis Chalmers...".
Alloy Steel.,.....,
. . . .
41
188
Am. IJar, c. ..... ;
Am. Car. Fdy ....
Am. Cotton Oil.
Am. H- it Leatb., e.
41
40
138
186
do pro.
Am. Inc Corp....
Am. I linseed, a.n..
Ixno.. e . ,
Am. 8 hip A Com. .
Am. Bmelter, e . . . .
Am. Steel Fdy...,
Am. sugar, e . . . . .
Asa. sum. rooaceo.
Am. TeL Tel. .
Am. Tobacco. . .. . .
Am. Woolen, . e, . .
Am. Zioe, . . ......
Anaconda M. Co. .
Atchison, a........
Atlantic G. W, L
Baldwin lxco.. c . . .
B. aV O.. C... i
Bethlebem Steel, B.
Bosch Magneto .
B. H. T. ..... .
Butt aV Superior
GaL Packers' Assn.
70
CaL Petroleum, c.
32
Caaadiaa Pscilic
124
en. leather, s . . I
64
Osrro de Pasco . . .
Chandler Motors . .
48
101
Che. V Ohio . . . .
55
C GU Western.' e.
t 8-
3$ H
70H
16
80
do pfd. .......
Chi.. M. aV St. PauL
Cht V Northwestern
Chile Coiiier
Chlno Copper , l
Col. Gas i Elect
lVio. riel dt Iron.!
Consolidated Gas. . .
Com Products, c. .
Crucible Steel, c. ..
Got. Graphophone v.
Cuban Am. Sugar .
Cuban Cane tiugar .
D. ak B. a....
1 50
r 79
do ptu, .......
Erie. c. . i ......
Erie. 1st pfd,....
Fiake Tire i ..... .
tiaatun WUIiama . .
General Cigar ....
General Electric
General Motor , i .
Goodrich Rubber , .
GranbV Cone. . . .
Great Northern Ore
Great Northern By.,
Green Canane 1
Gulf 8tatoa Steel..
IllKjflin Central . .; .
Industrial Alcohol..
91
inspiration Copper.
International Paper.
iPternat'l Harverster
Int. Mer Mar., e. . .
Int. Mer. Mar., pfd
82 5
int. icaei ....
aaa. t;ty. south., c.
Kelly Springfield..
...107
Ksnnicott ' Copper.
Keystone ' Tire . . .
25
27
Lackswsnna Steel.
74
Leakey Faro. Play.
60
Lehigb Vsiley . . .
Maxwell Motors, c
Middle States, OU.
Max. Petroleum ,
Meotana Puwer, .
Miami Copper ... . .
Midvale Steel ....
Mo, Pacific c...
do pfd. ......
National .Enamel .
National ' Lead .. .
Nevada Con. . . .
.12
31,
70
89
72
4
44
106
62
15
12
30!
69
89
71
4
49
New Haven . . .
N. Y. Central...
Norfolk - A Western
Northern - Pacific,
OUa. Ref. k Prod
Pur Oil -.-v . . . .
Pan-Am. Pet..' c
103.
Penn. . Railway, i ..
Is
51
15
99
ie
96
80
Peoples Gas ....
pierce Arrow ...
Pieree Oil
Pr- Steel Car. c .
Pullman
100
Bay. Cons. Copper.
16f 16
By, Steel Springs.
Reading, c
Royal Dutch . . . .
96, 96
91
114
113
Republic I A S, e.
94
78
88
75
64
31
78
04
80
00
74
76
26
92
76
87
74
63
81
72
93
29
8fi
71
76
26
Ketaul stores . . .
Rock Island, Com.
do pfd A ...
do ofd "B"
Sinclair Cons . . .
Sloss Sheffield . .
Be. Pacific .. . ..
80. Jtailwa, com.
Btromberg Motor.
Studebaker, com' .
Shell . .......
St. L. San Pran.
Swift dc Co. . . ...
Tenn. Copper .
Texas'' OU ......
Texas ' Pacific , . .
107
107
10
47
42
60
16
9
45
Vo
13
til
Transcontinental T Oil
L'nlon Pacific, c. ,
116
115
Union Oil of DeL . .
81
69
80
68
United Pood Prod..
United Fruit . ,
C 8. Rubber. 0
202
202
99
59
93 t
08
88
91
V. S. Bmelt'g A Refl
U. 8. Steel, e. ...
do 'pfd. ......
107
107
Utah Copper . . . .
68 tt
87
73
8
26
80
49
62
19
6V
88
72
8
25
80
40
61
18
Vanadium Steel . .
Virginia Chemical,
SO A .......
Weawtrn Caion
Wesunghouse lec.
White Motors
Willys Overland
Woolworth '. . . . .
Worthington Pamp
Money
"Total' aales, stock 667,000 share.
- Total sales, bonds $12.42.UOO. ' -..
uFefelsTB- Bond Market
Furnished by Orerbeek A Cook Co., Boardl
of Trade building. i ,
- ; -v. r':i - Bid.. . Ask. i
A. P.. 5 Oct. 1920 -. . .. .99. 99
U. K. 5sKov. 19Z1 ...... 93 6
Berx France 6 1931 ..........74 76
Paria 6s Oct 1921 I 92 94
Russia Exten. 6 s 1921 25 ,80
Russian International 5a 1926.. 29 '88
Dominion 5 April 1921 .......977 97
Dominion 5s April 1931 ...86 ' 87
Dominion 6 April 1926 ...89 90
Dominion of . Canada: 5s 1987 . .88 87
U. .&. 6s 1937 .f. .86 86
Foreign Exchange Steady
- New Tork July 13. (U. P.) Foreign ex
change quotations were steady at the opening
today. Demand sterling opened at . 83. S3,
if 1: franc checks. 811.92. off 2 centimes:
off 1; franc checks, 11.92. off 2 centimes; I
higher at 8.0262; eablee. $.0264; tJanadi
dollars. 8.8790.
i Foreign exchange closed, steady. Demand I
Sterling rallied to $3.93. Other closing quota
tions were; Franc checks 11.92, up 8 centimes; i
bre checks, 16.79, up 4 centimes; msrks, de
mand, .0269, and Canadian dollars .ssoa. -
: Corrected daOy by foreign exchange depart
ment of toe united states nsnonat oaas.
Draft
' Checks
London Pounds
starling ... 8 3.93
Paris Francs.. 8.89
FOREIGN EXCHANGE RATES
Cable Par
Transfers - Value.
$ 8.93 $ 4.8665
8.40 - ' 5.1828
2.62 28.82
6.00 6.1828
16.75 26.85
16.80 26.88
22.20 26.80
76.00 42.90
61.75 43.00
1.05 ' 63.00
- - ' . .
' .- ' - " ': 1
Hamburg-Berlin
Harks.
, 2.62
. 5.69 :
16.70-
16.75
22.15
74.75
61.50
' 1-04.
Genoa Lire
CoDenhegen-
Kroner ....
ChrisUania
Btorthrfm "
avroner. ...
Hongkong
- Currency. .
: Ten ...... ,.
Shanghai ---
Taels.....
NATIONAL DEBT CUT
BILLION LAST YEAR
I Washington., July 13. it eduction
of $1,185,174,692.38 in the national
dibt ln the fiscal year which closed
.
Jun . is noted In preliminary iS-
ures made public by the treasury
i rjepartment. The gross debt June
r . E
""- w" t,i.Mf,i.v.
j compared ; to $24,299,321,467.07 on
j June 80,' ; 1920. ; The gross publie
debt, leas balance in the general
fund June 30,; 1919. was $24,512.
41, 332.51. as airalnst $23,941,619,
784.84 June 30, 1920.
The treasury compilation of the gross
.debt 'at' the end of the fiscal year of
1919-1920. i based upon daily . treasury
statements, is aa follows :
Total gross debt May 81.
1930 ..$34,974,063,026 79
Publie debt receipt June
1 to 30. 1920 . . . . . - 1,810,848.790 47
Publie debt disbursement
June 1 to 80. 1920. .... 2.101.485.850.19
Decrease for period...... 875.641.558.72
-r !'...----
Total gross debt June SO, .
1920 i...... ...... $2499.881,467.07
Total Btross debt, before deduction of
the balance held by the treasurer free of
current obligations, and without any de
duction on account of obligations of for
eign governments or other Investments,
was as follows : -
- BONDS .
i Ceasolk of, 1930........
609.724.060.00
118,480,900.00
. I95
Loan of 1935
Panama of . ,
Panama of ! 1918-1938 ..
Panamas of i 1961 .......
Conversion bond ...... ,
Postal savings bonds- , . . . .
25.947,400.00
60,000,000.00
28,894,600.00
11,689,860.00
Total'
,$ 888,540,890.00
,$ 1.952,460,000.00.
. 8.835.316.100.00
8.662.746.260.00
.- 6.894.874.81 8 00
First Liberty Loan
Second Liberty I,oen . . .
Third Liberty Loan . . . . .
Fourth liberty Loan . . .
c Total . . j . . :$15.834.88.163.00
Total bonds 16.228,447,653.00
, . ' NOTES
Victory Liberty Loan.....$ 4.246.385.530.00
Treasury certificates :
Tax :
1.804.882.500.00
681.170,000.00
259.875.000.00
Loan
Pittmao act............
Bpecial issues
24.000.000.00
Total '. .
$ 2.768,927.600.00
War-saving aecurities (net
cash receipts)
828,789.702.00
24,042,500,285.00
g,745.287.07
230,075,944.91
Total interest-bearing debt.
Debt on which interest has
ceased
N on-interest-bearing debt. .
Total grass debt
,.$24,299,321,467.07
C 1 (Furnished by Ovsrbeek A Cooks Co.)
New Tork Times During the - final
days ef last week the market waa ealled
upon to absorb heavy proru tawng saies
and suapeeded In doing this fairly well,
since a .public participation has been
brought into the trading, buying from
this quarter helping to support price.
Yesterday, however, It appeared that the
weight of selling waa too heavy to be
overcome easily and the prices went
steadily lower with quite a drive against
many Issues in the last hour. The de
cline was undoubtedly influenced to a
considerable degree by short selling, the
professionals having again assumed the
bear side. '
v i''.' '-, ; " -ewswawswaasnsasw.., ;" -':
New York, July H. Money and credit
still regarded as chief factors in stocK
market. . I Speculators unable to aeter
mine for themselveB whether there will be
sufficient money to finance even a fair-
sized upward movement irom mis tune
Ion. 1
President ClarkO of the American Ex-
change National bank returned from two
months' tour in tne 'at isast, reporxs
i steel plants, texUle mills ana ampyaras
booming. ; ..
Million i more gold egports from Eng
land to New York.
Onlv about 32 per cent of total United
States Steel common now in brokerage
bands. - y ; .-. :-. '-
(FumWied by Herrin A Rhode. Inc.!
New York Local banks prepared yes-
Iterday for withdrawal by tne govern
ment of $11,000,000 in this district today.
TTnited States crold imports from June
120-SO, $10,01$.49; January 1 to June 3,
124,471.197. Export June 20-30, $26.64$.
The Rent
Forecast
A1
the present
is very
.difficult to Judge
what the future is'
for rents. -
Our second Instruc
tive bulletin fives a
thorough ' discussion
of the . conditions
which affect rents.
Be sore 70a receive
on of thee - mes
- sages.- - -.
K
wwiuwwfaS(,0at71 CXMLOtNC VI
AU ths atATV erf Peter Perkins
and bow he accnmaUted
$10,000 in ten yeaurs by
MTa)$$25perionth. One ,
of Ofar laFesters wrote that
"Gettinn Ahead" haa made
him realUe that every dol
lar be aavwa he eaa faveat '
with cempwxatiVe safety
mod fcj.h yield. Another
say it opened ton to him
the poeaibility of profitable
inveatmeat In bonds and
atocka. We win gladly send
acopyof "Getting Ahead.'
i Tf TTTTirttrr: A srv
INVESTMENT BACEStS B
137 SfltUSalleSU M
- - - -- CHICAOO - - - - M
v
x; , :; j
aTSVTSVeTawswBaTSOam
$48, according to federal reserve board.
National Cloak de Suit company has
declared regular quarterly dividend of
$1.76 :: a share on the preferred stock.
payable September 1 to holders Auauat
International Nickel preferred declared
regular quarter $LB0 dividend payable
August 2 to stock of record July 22. .
Chile Copper for Quarter nded March
31 reports surplus after charges of $1.
233,036 against deficit of $509,916 In pre
ceding quarter, and deficit of $660,7(9 in
same 1919 period.
U. S. National Bank
Installs New Set
Of Deposit Boxes
In oj'dar to keep pace with the growth
of their business, the United States
National , bank has had ' to enlarge Its
safe deposit vault facilities.' Conse
quently a new set Of safe deposit boxes
numbering 1740 has Just -been installed.
The new facilities include a special set
jt seven superslxe boxes for which
there has . been av demand on- the part
of the larger corporations, said one of
the officers of the bank.
Th safe deposit department was
opened for business last November with
Mrs. I w. Gray aa manager and E.
A. Redmond aa officer in charge. The
first unltiif -boxes installed numbered
1606. and so rapidly were they taken
by the bank's customers another unit
was immediately ordered frfcm the Mos-
ler Safe company, who supplied the en
tire Vault equipment. There are- now
3450 boxes in the vault equipment In
addition to a separate storage room for
trunks, valises and large articles.
! The entrance door protecting the safe
deposit boxea is-seven feet in diameter,
is made of manganese steel and weighs
18 tons, having two combination locks
as well as a four-movement time lock.
The interior of the vault ia so arranged
that it wilt care for 11,000 boxes.
Greenwood Named
'Head of Portland's
U. S. Reserve Bank
Frederick Greenwood was advised
Monday afternoon by the governor of
the federal reserve bank of San Fran
cisco that he had been appointed man
ager of the Portland branch of the re
serve system. Since the resignation of
C L Lamping, -May 1, who accepted
the vice presidency of the Northwest
era xMauonai nana, ureenwooa nas neen
acting manager of the bank ; prior to
that time he waa . cashier of the insti.
tutlon. '?,.'.
; Greenwood was connected with-' the
Spokane brandts of the federal reserve
system from the . time of its inception,
July, 1917, until he became . connected
with the Portland branch. In February,
1919. Previous to his service with the
federal reserve banks he was for eight
' - -a-
jL 1b A X
Jerome CoMEity, IdaSiio
HillsdaU Highway District Bonds
Tax Exempt YIELD 6
.Dated May IS, 191. Maturities 1930-39
Denominatioiis 3)500, $1,000. Pric 100; Yield 6
Principal and Semi-annual interest payable in New York City '
tETROME COUNTY, in which this district Is located, is in the famous Twin
J Falls section of Idaho a very rich country. Included in Its area are about
123,600 acres, with approximately 60,000 under Intensive cultivation.
Founds derived from this bond issue furnish the county with a permanent
system of roads. . .
This Issae at 6 per cent yield Is Indeed a mae-nlf ent bay.
Telephone er Telegraph. Orders at Osr Expense
Mon nis Brotm E.ns
I Ciaarraa
iQwtMiuissi
VOwttAS
c7fierPremfercMunfctpdSondrHous9
Seattle
Central Bids.
MORRIS BLJ
POBTLAltD. OB
Now
is the time to buy
You have never been of- :
fered such opportunity
for Interest , and for
profit a$ now opened to
you by tax-free munici
pal bonds of established
progressive - communi
ties. Ask us for details
of bonds ' we own and -j
offer you tp yield
sscowo FutoiCli maim 644
NOfcTHWCSTtRN BANK BLOfi.
N. Y. STOCK WiAR
HASASETBACI!
,. ... .,. By Broadan Wall
New York. July ilS. Long stocks
old-last Friday under ? cover of a
manipulated advance j of Reading
and made their influence felt In Wall
street Monday, when the purchasers
had to pay for them.: Prices de
clined everywhere. .(The market
opened - with a show i of ? strength,
with Reading at the head of the rail
road list. Industrials faded from
the opening. : In the afternoon even
the railroads yielded and the market
closed weak and active, with mate
rial net losses everywhere.
This setback to the stock market Is -due
to reasons well known. The most
Important one is the fact that crops are
going to be so big that a sever d credit
strain this fall is certain.
Money did not go above I per cent.
Professional opinion as to what rates
will prevail in the near future . ranged
from 6. per cent to 40 per cent. The 8
per cent rata is what one ef the 1 arrest
investment heuees expects to see before
the end of this week. The 40 per cent
rate is what oneof the big pool opera
tors says will be charged before October.
It was perfectly safe, to advance the
railroad ' stocks under pool manlpula.
tion because owners of those stacks have
tltem at such high prices that there was
no danger of meeting any selling ot im
portance. -.
When announcement : was mads that
Allan Ryan had retired from the Strom
berg boafd, of which be was director and
chairman, here was a sudden advance of
the stock Tf nearly 7 points.
Liberty Bond Sales
ec Conk company.) -
High. I,ow. Clave.
S128 0004 8110
8610 R10 8400
8546 H520 8SS0
8840 8622 8H24
8560 8548 855
R07O 8U04 8rt4
8584 8564 8574
!MH 0392 9f04
OtiS 0582 9594
Open.
Liberty; 8 ... 9102
Liberty, 1st 4s... 8810
Liberty. 2d 4s.-. . . 8546
Liberty, 1st 4 Via. 8630
Liberty, 2d 4 Ha. . 8650
Liberty, 8.1 4 S.;. 8816
Liberty. 4th 4 a. 8670
Victory.' 4s.... 9508
Victory. 3a.... 9598
Liverpool Cotton Msrkrt
Uverponl. July 8. (L N. 8 ) flrvxa
eagned dull; prices steady; sales 80O0 baloa.
Ann. mtds fair. 30.68; good mids. 27.08; full
mids. ,118.68; mkU, 25.48; low. 21.88; good
ordinary, 18.68; ordinary, 17.68. Future!
fuirt, ' vai
years with the Old National T&ank ol
Spokane., ,
Announcement was also made of the
appointment of R. B. West, former! j
assistant cashier, to : cashier, and J.
P. Blanchard. formerly In charge of tht
discount department, to asaistant cashier.-.-.
$60,000
t v amine I
OaseQuava I
San FVanclseo
Mer. Nat Bids.
'Right here at home is the
Northwest's largest live
stock marketing center.
Share in Its Pro fibs
; by Ihyestinrj in the
Portland Union
Stockyards Co.
3-Yr. 7 Gold Notes
Price 100
To Yield O u
Utah-Idalio
Sugar Co.
1-10 yr. 7 Gold Bonds
Prices
To Yield
71
f
in
sWaglWf
Lumbermerts Cld;.