THE OREGON SUNDAY JOURNAL. PORTLAND. : SUNDAY MORNING. JULY 18. ItZX
GRAIN MARKETS ARE NOT
WHEAT DOWN ON
First Three Days Trading on the
Open Market Shows Sharp loss
Coarse Grains Are Following.
By Myman H. Cohen
Startling: aa they were, the1 sharp de
clines quoted in bids for wheat at Port
land and at other points In the country
. i AW. l
riwjyjyy r us?- during wiss iuoi.
' - f trading on the open
marxei, inuuiu uui
be taken too seri
ously by grower!
or milling Inter
est. At the heat the
market was on a
nominal basis at
all points. The
sharply higher
prices forced on
Thursday, the open
ing day, reflected
I .: : .. t
I ,A aside from
A. li.,.ar' m n sporting: 1 fev
practically nothing
tne
fever of
the trade. . It was no real demand for
wheat that occasioned the rise, nor was
It a real lack of call that forced the
later declines.
There was no actual trading In wheat
on the Portland market on either of the
three days this week that trading- was
permitted. - In fact even the Chicago
option market was a very nominal af
fair. To acme extent th decline were doe to the
mora favorable new that cam (reus European
fields, but then, la a hunch in the trade that
this favorable uewa wa timed especially to
enm after the market opened and to force
MaMHHlin ValllM
Hide on the Portland Merchant Exchange
for the three days;
Thnr.
Friday Saturday
Hard white........
Soft white .........
White club........
Hard winter........
Ked winter
Northern spring . . . . .
2.50
2.40
2.45
2.45
2.42
2.47
2.4ft
2.60
2 45
2.58
a 4.4
2. 46
2.46
27
2.40
2.ft0
2.41
2.40
2.4 5
2.35
Ited Wall.,
2. as
in k. mnmrmrn mvmin market valne were af
fected to aome extent by the derlinee In wheat
bida but thi. too. waa a nominal affair be
cism no trading whatever waa ahown for either
oata or barley. .. --,...
FLOOR Selling prtee. mUl door: ..Patent.
113.75; 'Montana spring wheat. 814.85: Wu
1. met fa valley brands, 111.20; JenaA . straight.
811.20; baken' local. 813.50; graham. 811.30.
Prlnu 1nr nit deliveries for fire barrel lota.
HAT Buying prices, nominal: : Willamette
timothy, fancy. ) per Ion; retch. JH.ttOi
cheat. 820.00; atraw. 810; clowi, $19.00;
rain I 1 alfalfa. 125.00 a ton.
r;IMIN fiACKS Nominal. New crop deliv
ery: No. 1 Calcutta.. 19 20 He; domesdey
inu tr- in r lots; lea amouate higher.
MILLSTCFFS Mill run at mill, sacked,
$5.50&67.00.
OATS Per too. buying price: Fred, 870.00
70.50.
KaKLXT- Baying priee: Feed. e00 4J
68.60; milling. 867.00 87.50; rolled barley.
selling price, a i l.uu ton.
Merclianta exchange bids:
WHEAT
Sept.
Oct.
245
245
24 S
Not.
245
245
244
243
242
Hard white .
Soft white. . ,
White club.,
Hard winter .
Ited winter
245
245
242
241
240
245
. 4 .
242
241
245
2S5 ,
Northern spring .
245
235
. i i
Red Wail . .
FEED OATS
July. Asirust.
........ .0500 000
BARLEY
Bent.
No. 2 white
5700
No. 3
Feed
blue
.5700
....... . .5550
cons
8500
8400
B500
6400
No. S yellow........
.6400
450 8800
Eastern corn in built:
No. S yellow 8300 8300 6300
Sale.: 100 tons September delivery yellow
eorn, 808.
100 tons July shipment eastern corn, 863.50.
100 tons August shipment eastern corn, at
803.50. . , '
WHOLESALE PRICES IK FORTLA3TD
Tbeee are prices retailers pay wholesalers, ex
cept aa otherwise noted:. ,
Dlry Product
BCTTEB Selling price, box lots: Creamery,
prime, parchment wrapped. B7o lb. : prime firsts.
65o lb.; firsts 84a lb.; smaller lota at aa ad
vance. Jobbing prices: Cube extras. 84 V 0
B5c; prime firsts. 639 54c
BUTTERFAT Portland delivery: basis. 689
68c; country station. 54 0 55a.
OLEOMARGARINE Best brands. 40o: ord
ssry, 88 He; baken, 83c; nutmargarine. 1-11
cartons, 82o per lb. i
CHEESE Selling price: TUlamook, frasb
Oregon, fancy triplets, S2 03Se per lb.; Young
America, 84 35c Prices, te Jobrsera, f. o. o.
Tillamook triplets, 29c; Young America, 30a.
. Selling prices: Cream bricks. 40 42c Selling
price: Block Swiss, 48 049c; Umburger, 40 9
42e per lb. t ,
EGGS Buying price: Cnrreht receipts,
40 m tie: candled, selling price. 45 048c;
select 4 fl O 4 7e per doeen.
LIVE POULTRY Selling price: 'Hoary hens,
27c; light hens, 18O20e; spring liht. 18 0
20e; hrary, 27e; old Toosters, lOe per lb.;
turkeys, lire, ( ) : dressed. 4 Be la, -Fresh
Vegetable and Feutt
FRESH FRUIT Oranges, 86.097.50 per
bex; bananas, 11012s lb.; lemons, 85.250
6.25 per crate; Florida grapefruit, 88.00 0
8.60: California. 38.2503.75; i oantaloapea,
81.50 0 8.76. '
APPLES Various TSrietlee, local. 32.00 0
5.00 per box.
DRIED FRUIT Dates. Dromedaries. 87.80:
Fards. 84.00 per box; figs, 62.50 0 6.00 box.
ONIONS Selling price to retailers: New red,
81.25 01.76: white. 81.75 erate; garlic. S5e lb.;
green onions. 23 0400 doaen buaelies: onioa
sets. 17 018s lb. :i
POTATOES Selling price: Oesgon. fancy,
$7 00 0 8.00.
BERRIES Strawberries. 84.50 04.75 crate;
nspberriea 83.25 ( 4.00; loganberaea, 32.50$
8.00: bUckcaps. $3.2508.60; currants, $1.76
02.25.
VEGETABLES Turnips. $3.50 sack; carrots,
$4.00 ssck; beets. 80a dosen bunqhas; lettaee.
$1.25 01.50 per rate: cucumber, $2.00 per
dozen; tomatoes, $3.75; egg plant, 50 per
pound : broccoli, $2.25; bell peppers, 25c; cel
ery, $2.26 0 2.75 doaea; string beans. 10 0
12 Vo per pound. '
Meats and Proelsrona
COUNTRY MEATS Selling price: Country
hogs. 22 0 22 He for top blockers; heary. 10c;
best Teal, 21 S 21 "4 c; heary veal.: 14e per lb.
SMOKED MEATS Ham. 41046c per lb. ;
breakfast bacon. 8368c; picnics. 26o per lb. ;
eottace roll, 83c per lb.
LARD Kettle rendered. 26c IV ; standard,
23 He; tierce basis, compound. 21
Flih and ShgllfUh
fRESH FISH SaTrnon. fresh Chinook. 22e
lb.; halibut, fresh. 18 0 22o per to.; sturgeon,
t ): black cod. 10 011c lb.; kippered sal
mon. $2.50 per 10 lb. ' bsxket; kipoered cod,
83.85; raaor clams. ( ); erabs, 52.75 0 3.75
doaen; roe shad, 100 lb.; dreesed ajhad. 60tto;
hoc cod. 6 0 8o lb.
Oreeerie V.
SUGAR Nominal prices, refinery basis; Cube,
$28.85; fruit and berry, $2S.0Cl! D yellow
$22.40; granulated. $23.00; extra C. $22.60;
golden C. $22.60. '! .
HONEY New, $7.00 0.7.50 rasal
RICE Japan-style. No. 1. 12c; New Orleans
head, t ) ; Blue Rase, 14 c per lb.
SALT Course, half k round, laos, $17.28
per ton: 50s, $18.75; table dairy. 60s. $27.25;
bales. $3.30 04.00;- fancy Uble and dairy.
$30.60; lump rock. $28.50 per ton. -
BEANS Sales by jobbers. Small white. 7 He
per lb.; large white. 7 Ho lb., pin. 8 Ho lb.;
limas. 12Hc; bayoo, 11 e; reds, 10He; Ore
fon beans, buying prices, aeminal, 6 He lb.
CANNED MILK Carnation. $6.50; Borden.
$6.50; Ater. $6.40; Eagle, $12.35; Libby,
$6 SO; Mount Vernon. $6.40 per ease.
COFFEE Roasted, 34 0 48c te sacks or
' Cram. ii
SODA CRACKERS la bulk. 20o per lb.
NUTS Walnuts. 35 0 40e per Jtb.; almonds.
8Sc; filberts, 32e in sack lota: peanuts.
14 H 015c; pecans, 25c; Braxila, 8 So.
Repet, Faints, OiU . 1
- ROPE Sisal, dsrk, 18 He; white. 20o lb. ;
standard Manila. 26 He . I
LINSEED OIL Raw, bblajl $1.83 gaL;
STOCKS GRAIN COTTON
(Stocks Listed New Verk Stock Exchange)
Reduced Commissions -Small
Deposits Limited Liabilities
Chas, R. McLain Brokerage Co.
DENVER, COLO.
:. ALLEN BROS. CO.
POrtTLAXO eORRESPONDCNTS
tit Chamber Oemmcroe Side, 'Prions 611-18
A NOMINAL BASIS
- A
MANIPULATE EGGS
IN LOCAL MARKET
Short Held . Storage Stock Owners
Take Advantage of Situation
Batter Demand Remains Good.
Market for eggs was under man! pu
Iatlr.K Influence ;cf Bpeculatkve Interests
during- the week, a conlition most ubu.iI
at this period of the season.
While there waa little change in action con
dition, although the market could be safely
railed somewhat steadier; some of the f. ex b.
interests who had short-held stuff in storage, were
anxious to take profits and were withdrawing
tbeir supplies. To aid them la securing more
money tkey nominally bid higher for f rasa of -ferine
althomh i was their purpose to sell
their ice hsuse goods rathe thaa piss up ad
ditional stocks of eB eggs.
Receipt of egg daring the week were smaller,
duO both to the decreased output and to the
shortage of fillers for making shipments.
.-. , v ' ;: " i - Suttee Trade Firm
In the butter market a aomewbat firmer ton
was shown for all offeringa during the week.
While far the best strength waa displayed for
offeringa of the extra Quality, still . everything
that arrired found good call. Demand for iup
plie continued good from California but aome
business also passed with Paget Sound.
Otteese Situation Steady
Tn th - trade a steady tone waa gener
ally shown for the week. One packing interest
appeared aeaiwd and was reported as Belling be
low the market but others held for full Prices.
In fact official Tillamook adricea were to the
effect that the southern demand waa snffioient
te take earn of all surplus.
Feultry Situation Good
. Generally speaking there waa a good tone in
the poultry trade along Front street for the
week. Supplies were fairly liberal. but demand
was steady for both heary springs and hens and
the call was excellent.
Veal Market Stiffs
Weather conditions were against the real mar
ket for the week. ! Much poor quality stock ar
rired and some wsa dumped because of im
proper handling by transportation interests.
Value showed a loss of perhaps a cent.
Country killed hogs remained steady at un
changed prices practically the entire period.
While quality waa lacking, the market for ber
ries held generally steady, ile logana ahowea
some Inns, due to the high cost of sngsr. others
clewed the week with ralues practically intact.
Otierry Ssajon Ending ; . i
Meat of the cherries that came forward dur
ing the week showed the effects of the rains and
prieea were emtio : and generally lower on this
account for the past six day - The season
fast coming to an end ;
!, Potato Situation Quiet
: Became of the excellent quality of California
river potatoes new offering and the indifference
of many local growers toward properly grading
their supplies, there waa a Quiet tone for the
latter during the week. In fact the market
showed a aomewbat easier tone. .
i Onions Remain Weak :
For onions them was not the slightest bit of
improvement in the local trade for the week.
California offerings at low prions eontinuft heary.
Within a tew days new crop Walla Walla atock
is expected.
Light Trade, in-
The Chicago Pit
Chicago, July 17. Wheat future broke 9
cents and rallied 2 cents during the Short Sab
nrday session of the Board of Trade under free
country offerings and newer bids for spot grain.
carrying deferred deliveries of corn eft 4c July
corn, oats and rye displayed much resistance to
selling pressure, however, and the entire list
rallied well.
- The close left both deliveries of wheat 7c
lows. Corn was off H0Hc for July, Ho
for September and 1 lHc tor December.
July oata lost He, September' He; provisions
clnsea at tne top, pora snowing gains ol lun
8TVic, lard of $7 H 02 He and rib ef 10-
17Hc . , ; ..
Chicago, July 17. (L N. 8.) Wheat
opened 1 0 2o lower with a eery light trade i
null lota. . -i
With scattered commission boose buying and
light offerings July corn started' K 0 He high
er; September waa up H 0 le and December
H 0 4e. ... - i - - J-
Oata opened Ha lower to He higher with s
light -mixed trade, i -
The opening in provisions was at lower prices
wita utue demand. ;
i WHEAT i ; '".
...... 259 259 H 251 258
260 288 H 255 ,257
. i CORN ; v '
149H 150 148H 149H
...... 150 151 147 149
133 H 188 H 135 186 H
; OATS -
89 89 88 89 H
76 T4 77 78 76 H
75 7tf 74 75V
' I P0BK v
......Nominal . ... . .'. . 2660
2320 . 2885 2810 2835
f LARD
;1840 1877 1835 1887
1905 , 1937 1900 1937
' RIBS" : .
Nominal .... - .... 1600
......1685 1893 : 1686 1690
Dee.
Mch
Sept.
Dec
July
Sept.
Dec.
July
Sept,
Sept;
July .
Sept.
Cash Wheat No. 2 hard. $2.86 0288.
i - Han Hamares Wheat
More. Or.. July 17. At 2:80 Thursday aft-
the thermometer reached 102 and at
4 :30 a black cloud appealed from : the south
west and at 5:53 a beavy rain started to fall.
This waa followed by a severe hail atom which
lasted about 15 minutes. Hail fell the site of
marble. : The storm traveled in a northeasterly
direction and while not wide waa fast and furious.
the extent of the damage ia not known.
DAIRY PRODUCE OF THE COA8T
San Francisco Market
San Francisco, July 17. (U. P.) Butter
Extras. 69c; prime firsts. 58c
Eggs Extras. 59c: firsts. 84 He: dirties.
64 He; extra pullets, 47 He; undersized pullet
Cheese California flats, fancy, 8 4c; firsts, 30c.
v.:1 Seattle Market
Seattle,. July 17. TJ. P.J Bntttr City
creamery, caoes, s.eoia .
Eggs. 44 0 50c '
Hens and milk unchanged.
Le Anodes Marks!
Los Angelas, July 17. (X. N. ) Batter.
2c
Eggs Extra, Bla; ease count, 49e; pullets.
ipc; pcewees, exc - -
Live poultry Hena, 18028e: broTJars, 26 0
80e; fryers. 32e. j ;
kettle boiled, bbls.. $1.88; raw, eases, $1.98:
boiled, cases. $2.00 gallon.
COAL OIL Water white, in drums or Iron
barrels, 13c gallon; cases, zee per gallon.
GASOLINE; Iron bote.. 25 He; easea. 88e
engine rtiatiilat.' iron bbls.. 16c: easea. 82 Ms.
WHITS LEAD Ton lota, 15c; BOO lb.
1S4C per IP. - -l .
TURPENTINE Tanks, $2-26; cases, $2.1;
1U case tow, i. ins.
Hep. Wool and Nlee
HOPS Sominal, 1919 crop, $1 per Tb.
HIDES Nominal. No. -1 salt cured hides
(under 45 lbs.), 13e; No. 1 salt cured bides
(over 45 lbs.). 14c; No. 1 salt cured bull
bides, 12c: partly cured hide, le per lb. leas;
green niaes, a per to. less; oair Slipped aides.
one-uura less inin n. s niaes.
Calf and Kip Sklna
No.. 1 trimmed calf skins (np te IB lb.).
25c; No. 1 trimmed kip skins (15 to SO lbs.).
i uf , umAK puk)iw wan wswwv ess tnan Aa
I iciaa.
Dry Hides snd Skins
Dry flint hides (7 lbs. and np), 25c: dry
Hint duus, xe; ary nini cair sains (.under 7
lbs.). 35c: dry salt hides (7 lbs. and nnl. 2Ae-
dry salt bulla, 14c: dry salt ealf akiaa (under 7
lb.), sue; ary cnu niaea ana skins. Half price.
Horse Hides
Green or salted -Large, well taken off hides.
86 00; pony and email hides. $4.00; dry horse
hides, $1.50 to $3.00; hides, with beads off.
50c lest; borw tail hair, per lb.. 25c. home
mane nair. per io-. xoc.
MOHAIR NraxtinaL 1; .
TALIXW AND :REA8K No. 1 tallow. 8c
No. 2. 6c; No. 1 grease, 7c; No. 2 grease, no
per lb.
CAMCARA BARK New peel, 10 Dm oU
tiawl -'
FUNCTIONING PROPERLY
Carelessness Cost Grain Growers
Millions of Dollars Annually
By H y man H. Cohen
Carelessness and oft times Indifference is costing- Pacific Northwest wheat
rrowers from J3.0fl0.000 to 18,000,000 annually. Every ceit of this, huge sum could
b saved to producers.
The figures ar starUing-, but not more so than the conditions which make
them possible. , ' -
Perhaps the biggrest fault with, Northwest grain growers and the smaller
operators are mostlv affected and Iut h)e tn afford the oenaltv is the- lack
of preparation, to put the aeed In the arrourxt duvtntr the fall-winter months.
everyone in tne bueinems Knows tnat fall wheat produces a Isr greater crop
In all sections than does the spring- planting", but in many sections, growers will
persist in putting in the latter deepite the fact that such cropping does not pay.
While It is possible to obtain some sort of spring wheat crop in the so-called
better land sections, where there is an abundance of moisture and the soil heavy,
experience has proven that in the light land sections that scarcely more than
one crop oat of 10 is a paying one when planted in the spring.
Even tn th so-called better land sections there Is a difference of fully 10 bushels
to the. sera in favor of the fall-winter planting as compared with spring seeding,
f v Mattard It Serioas Htsaee ; ' ,: '-.
Mustard has become 1 a real serious menace to wheat production In many
sections of the Pacific Northwest. In many districts there are fields that are
so full of "Jim Hill" that it will be impossible to harvest except at heavy expense
and at a great sacrifice In quantity. ,- -
Mustard has secured such a hold on the wheat area in some sections that
unless checked will ruin production within a few years.
There are several ways to check the growth of mustard by cultivation, and
In the better districts the work is progressing (airly welL The county roads
and the railroads are the great offenders in regard to mustard and other weeds,
and some efforts are being made to clean up. - -
In some sections of the Pacific Northwest the roads are being plowed and
planted. with Just enough, room for traffic This removes to a great extent the
weed troubles. It has been found in some districts- that one field will be full of
mustard, while across the road there will be scarcely enough to notice. This ia
due to proper precaution and cultivation on one hand, and the lack of it on
the other.
Better (trading
Is
American eggs are the poorest of all
export countries, according to word that
cornea from Kurope, - j
Attention has been called previously to the
complaint against the poor quality of American
export eggs. This time the Bntinh food ministry
bsa taken up the subject aa the allowing excerpt
from a letter from the American consul general
at London, dated June 8, will show: , .,
"I have the honor to report that I have re
ceived today a visit from Colonel B. F. Strange,
assistant secretary ef the food ministry, who ba
explained to m that but season many American
eggs arrived in' this country la such an unsatiav
factory condition, that they could net be sold for
human food while at the same time eggs of
Canadians, South Africans and other origins,
which had been inspected and graded prior to
shipment, reached the London market in excellent
condition, and commanded better term in all
case than American eggs.
"Colonel Strange stated to me that it waa de
sirable that tb shipments of American egg to
Great Britain should be continued, and be be
Eggs
Hides Are at Low Point but -
Price of Shoes Is Still High
That the public is forced to pay ex
treme prices for shoes, while the price of
hides is low, is the gist of the complaints
now being made.
The hide and akin, market haa been demoral
ised for several month, and haa been accom
panied by eery little trading and by heavy de
cline in price. The price levels in many lo
calities have ions since resetted pre-war levels.
In spite of these conditions, which have beeaj
ruinous to many producer and dealers, the
summary of the raw storks of hide and skins
reported by 1094 packers, dealers, importer
and tanners. May 81.-. 1920, ahowe a distribu
tion of tb tetal raw atock holdings about as
follows:.
' Tanners, 71 per cent; importers, 13 per cent;
Alfalfa Crop Is
Good at Burbank
Walla Walla. Wash.. July 17 Farmers la
the Burbank irrigation district will reap alfalfa
crops totaling tn value for the entire section
from $200,000 to $250,000 this year, accord
ing to estimate made by 0. N. Barley, secre
tary for that irrigation district, baaed on a
recent survey. : .- , ; s
The yield from the first ' cutting varied in
different pert of the district from a ton to two
tons to the acre, and the second cutting, which
la now on, wiU go heavier. Mr. Barley states,
because of the heavy rainfall in June and th
added precipitation of th first of the week. The
farmer state that they get four and five cut
tings a year in this region snd that a larg
number will get five crop off their fields this
yar. s - ..
Th vain of the yield is based on the, present
price to the farmer of $25 per ton for bay in
the field and of $30 for new baled bay.- The
district embrace in tb neighborhood of 1500
acres. . .
Farmers in the Burbank section report that
the Jackrabbits are much leas bothersome since
the big drive last winter, when 11,000 bunnies
were -killed by hunters from Walla Walla,
Benton and Franklin counties. This drive, they I
estimate, wiU save them several tneusana aor
tal in hay which the rabbit slaughtered would
bar consumed tn th field and from th stacks
this season. ' . .. : t
Loss on Farms
Claimed by Wind
. ;,T-,.: .j " r f :
Medford, July 17. After summing up th
situation today, .County Agent Cats aaid that
the unusual high wirM for this section Friday
afternoon did - thousands ef dollars' worth of
damage in the Rogue River valley by blowing
dewn pears, apple and alfalfa. Tb wind arose
suddenly about 1:30 p. m. and for 10 minutes
blew a 40-mile' an hour gala, then subsided and
blew at 30 miles an hour for aa hour or more.
In orchards in the Bear Creek section aa many
as half a box of pears per tree were blown off.
but in other sections the los waa not so. large.
No rain accompanied the wind. Comparatively
few apples were blown down. .
COTT02I" CLOSES HIGHER FOR '
LATE DELIVERY" OPTIONS
New York, July 17. (L N. S.) The cot
ton market opened steady today at aa advance
of 8 to 5 point-"influenced by heavy reports of
showers over much of the belt and on improved
advices from Manchester. Much of the busi
ness . here early was local and after the start
there was a disposition to tak profita. Trading
in July was light with price showing a loss of
25 points.
The market waa leas active in the last hour,
but held very steady with Julywloaing 40 points
lower aad the other position 17 to 23 point
net higher. ' .
Furnished by Overbeck
of Trade building:
Month Open.
January ..... . . i 3206
February . . ... ... ....
March S12S
April
May ........... S04S
June ........... ....
July 4150
August ........ . . . i .
September....... ....
October ........ 3455 .
November ...........
December ..... r; 8290
A Cooke Co- Board
High.
3233
Low.!
32001
Close.
322S
3177
8153
8125
3070
3055
'4110
8800
3600
3472
3400
8608
8162 . 812S
8075 8045
4150
SHOO
3600
8477
4110
8443
8310 8280
Berry Yield Good
. Hoquiam, Waah.. July 17. A bountiful crop
of New Oregon strawberries ia being anticipated
in the Tulip district, according to Mm Ev 8.
Stanfield who brought tb firet supply i to the
city yesterday, from the ranch of Dal : O.
North run. Mrs. Stanfield say th picking sea
son is just beginning in that district and the
berry gTowera, expect to gather 200 crate from
each acre' planted. .- 1 ;
Dried Frstt aad Beaas !
New Tork, July 17. (L N. S.) Bean,
market firm; Marrow choice, $11.50 012.00;
pea choice, $8.16 0 8.2$; red kidney, choice,
$17.30. .. . '
Dried fruits Market quiet; apricots. : extra
choice to fancy. 26 0 27c; apples, evaporated,
prime to fancy, 11.0 leVHe: prunes, 30s to 60s,
17 H 24 We: prunes, 60s to 100s. 11 H0
16 He: peaches, extra chciee to fancy. 18 0
stlHc;. seeded isum, ehutco te tancy, .'$ H 0
Hie,
of -American
Now Necessary
lieved it to be in the intere.it of the American
products that the' trade could be carried on un
der the most favorable conditions possible. Ha
suggested that the matter be brought to the at
tention of the department with a view to discover
ing some means whereby a repetition of the disa
greeable experience of butt season . might be
avoided." : '
The above statement calls attention forcibly
to aa important matter 'if the United State is
to build up a satisfactory trade in poultry and
dairy product, that of establishing a high stand,
ard "export gredv with rigid inspection. Plen
ty of good egg produced in the United State
tl.at should command a premium . in - tb
European market, and should sell aa- well as
Canadian graded eggs. However, the good egga
are discounted, because poor eggs are mixed in,
and aome dealer are permitted to export any
thing they have en hand. The result is that
eggs from the United State are discredited. The
present system works to the disadvantage of the
producer of good eggs, aad he wiU probably have
te take th mattes in hand if any improvement
is made.
packers,' 11.5 per cent, and dealers, 4.5 per
sent. , -
The approximate distribution of cattle hide
alone waa: Tanner. 46 per cent; importers,
14 per cent; packers, 32 par cent, and dealer.
S per cent. . ,
- As compared with the April holding of 1111
concerns, there was a material increase in all
except four items. The decrease in these items
were: Cattle . hides. 4 per eent; kangaroo and
wallaby skins, 17.9 per cent; goats, 8.7 par
eent; pigskin (pieces), 29.7 per cent.
Very large increasea are ahown in all except
four items in comparison with the stocks on
band May 81, 1919. The decline were: Deer
and elk skins, $0.8 per cent; goatskin, 6.6 per
cent; Hdskins,' 86.8 per: cent, - and pigskins
(pieces), 40.7 percent. :'
Fruit Supply Is
Heavy at Albany
Albany, Or., July 17. Fruit ia being rushed
to the Albany cannery until the force ia severely
taxed to handle it, the cannery management an
nounced Friday, when 'Six carloads of c harries
and loganberries were received.
Experimental work ia th production of fruits
and vegetable desired for use , at - th cannery
will be conducted in the near future by F. A.
Streblow, director of crop production for the
PuyaUup aad Sumner Fruit Growers' association,
which owns th local cannery. Streblow ar
rived Thursday night, and Friday began a survey
of the county to determine the site of a 10
acre tract npon which experiments will be eon
ducted. This is in accordance with the plan
financed by local cifiseus, who subscribed $10,
000 with which to purchase the land and begin
the work.
Sheepmen of Linn
1 Are to Organize
Brownsville, Or.. July 17. A meeting ef
sheepmen and wool-growers of this community
was held Friday. Professor A. C Nelson of the
Oregon Agricultural college waa chief speaker.
Other speakers were W. W. Poland, president
of the Linn County Farm bureau, and 8. V.
Smith, county agent. Dr. J. W. Cook ef this
city was master ei ceremonies.
There was a discussion of the advisability ef
creating a central county organization of Linn
county wools rowers. Sentiment was ia favor
or tni step, it was voted to create such an
organisation in the fall of the year, ' probably
during the Una county - fair at Albany, in
October.
HlsTB. Prices for Pine Wnsl. Venae
Acoording to) the American consul general
st Auckland, New Zealand, "it is the general im-
p eseton that finer wool are destined to bring
exceptionally high price during th next few
years, while the lower qualities will decrease in
value, or at least will not maintain more than
their present values; and tt la feared that when
Great Britain and her commandeer -of New
Zealand wool this year there will be a, alnmp for
s time, at least in ui prices of N.w Zealand
wool, for the reason that the lam atneka tuna
beld by the British imperial government' tn this
ecuntry. amount to. 430,145 balea (of 830
pounds 7.--
- urates Potato Bars
iJayton, s Wash., July 17 County Agricul
tural Agent J. M. Lewia is actively engaged in
the total ax termination of - potato bug in this
county which have appeared her this year for
the first time in many years. The potato acre
age here ia only half that of last year, owing to
the high price ; of aeed this spring, so the
ground can be easily covered and the pest en
tirely eradicated bsior another season.
rf". Wew York Wool and Hides
New York. July 17. (L V. g.) Wool
Weak. Domestic fleece. XX Ohio, 4O068e;
domestic pulled scoured oasis, 45 0 8135
Texas, scoured basis, 70 0 81.50. '
Hide Dull. Native steers, 23 02Se; brand
ed steers, 28c
Sllvertoa 'Weleoms's Rhnwem
SOverton. July 17 Everyone around her isf
reioicing over tne nne rain rail which eame the
first of the week. No great damage is thought
Will result to the hay or fruit crop.
UNLISTED STOCKS ANYWHERE
LIBERTY BONDS ANY AMOUNT
BOUGHT AJTD SOLD
Herrin's Rhodesing
eSTABUSHQ) IS9S.
ST0CK5ANO BONOS
BaDway Exchange BIdg. Mala 28$.
r Bsattl. Portland, Taeoms
embers Chicago Board of Trade
AND LOSE IN
STOCK DIVIDEND
IN CRUCIBLE STEEL
Shares Rise 81 Points In dies po rise
1 General Trade of. Very Ugh,
: Volume. -
Mew York, Jury17. U. P. The" New
York Evening Sun financial review this
afternoon said:
Trading" fell to small volume, while
price movements were uncertain and
narrowed. Thot selling movement of yes
terday appeared to have pretty well run
its course, yet there as no disposition
to turn to the buying Bide and mark up
prices, although such little news as there
was overnight was constructive. Railroad
stocks were very irregular, with price
changes for the most part Inconse
quential and representative of little more
than professional operations. The steels,
equipments and oils rose fractionally.
Crucible Steel responded to the announce
ment of another stock dividend declara
tion by advancing 8H points to &5s in
the early trading, followed by a partial
reaction. ' . 'r- ; v -..,
ffew York. July 17. -(U. P.) Price wer
generally higher at the opening of the New York
Stock Exchange today. Opening quotation were:
Retail Store 74. up H : General Motors. 24 hi,
up hi ; U. S. Steel 91 U , n H ; Vanadium
85 H. up H ; Studebaker 701. up 4. Bead
ing 39, up H i International Paper 83 H, off
H: Baldwin 117 H, up H, and Crucible 165,
up 8.
The Jump 'of 8 pouts la Crucible way the fea
ture of early trading.. - .
Crucible waa the most active stock ia the early
trading, After an early high at 165, it dipped
to 151 and then regained' en half of the Uwa.
Activity was due to an extra dividend declared
at a special meeting ef the directors Friday, .
Th market became dull at tb end ef the
fiwt hour of trading. . , , " i.
The market closed dull. '
Mexican Petroleum held all of its recovery
of Friday afternoon. International Paper ad
vanced about 2 points on a turnover of a few
hundred share. Wells-Fargo Express waa strong.
, United State Steel cloned at 91H. p Hi
Crucible 151 H, UP 4Hi Vanadium 85. up H ;
Baldwin 117., up j American Ixicomotrve
79 , up ; Mexican Petroleum 192, up 1;
Pan-American, 103 H , np H : Invincible Oil
44 H, up 1 ; Studebaker 70 H ,' up H : Gen
fni Motors, 25. up H ; U. 8. Rubber 24, off
H 5 International Paper 84 H, UP H; Beading
89. up H: American Woolen 87 H. up 1H;
Retail Stores 74. up H ! Southern Railway 29 H.
up 1H; Kelly. Springfield 86, off H, i ,
Famished by Overbeck. uboke Co., Board
o raue ouuaing.
DEHCKIgT ION : 1 Open
High Low Close
.....I.- 1 1"H
, ..... 42 H
85 H 85 84 H
89
80 H 89 H 89
Alaska Gold
Alloy Steel
Am. Agr. Chem. .
in. Beet Sugar .
Am. Can, e. . . . .
Am. Car Foundry
Am. Cotton Oil
83 H
39H
134 H
185H 134H 135H
41
164
42H 42 42
16 164 14
- 82
97 97 97 H
..... 28H
. . , . ..... 59
38 87 H 374
.... ..... 125 H
90 89 88 V
93 98 H 96
.... 205
88 80 87 H
......... 14
65 H 55 14 55 H
79 794 79
Am. Hide A Leather!
Am. Int. Cor
Am. Linseed, e . , . .
Am. Loco., e. . . . ,
Am. Ship A Com. ,
Am. Smelter, c...
97
. . i
3$r'
. . t
90
94
Am. Steel Fdy...,
Am. Sugar, c. ... .
Am. Sumatra Tob , .
Am. Tel. ek Tel.
Am. Tobacco . , . ,
Am. Woolen, e. . ..
Am. Zinc .......
Anaconda Mining..
Atchison ....,,.
.8H
65 H
79 V
tialdwin Lorax, c. . .
Bait. Sc. Ohio, c , ,
Beth. Steel, B.,,.i
Bosch Magneto ...
Brooklyn R. Transit
Butta- & Superior. .
Calif. Petroleum, c.
Canadian Pacific , .
Central Leather, e.
Cbea. & Ohio. . . . . .
Chi. tit W.. c...
ChU II. SL P, .
Chi. A N. W. , , . .
Chile Copper .....
Chino Copper
Col Gu AElee. ..
Colo. F. A In, . ...
Cons. Gas .......
Corn Products, e..
Crucible Steel, 0. .
D. A. B. G., C. . . .
BrW c ........
General Ciawra ....
General Electric ...
General Motors. . .
Granby Carta ......
O. Northern Ore. . ,
G. Northern By...
Greene Cananea. . ,.
Gulf States Steel . .
Illinois Central. , . .
117
117 L17 1117
812
88 88 88
......... 97
12 11 11
.... ... ... 28
......... SL
88
iiW
119 '
121 119 121
62
63
'$$H
70 H
"29 H
82
TSH
91 H
63 62 63
63 68 63
8
84 83 84
70 70 70
.... ..... 14
29 29 20
.63
82 83 81 v
78 78 78H
92 01 92
L65,
155 H 160 161
Se O
.... ..... 12
.... ..... 63
14 14. 14
25 24 25
..... ..... 85
34
70 09 69
80 30 29
. .. . ..... 68
, 81
88
49 '49 48
14 H
24 H
70
80
r Industrial Alcohol. .
Inspiration Copper.
Int. Harvester .....
Int. Mer. Marine, e.
Int. Nickel
K. C Southern, e. .
KennecoU Copper. .
Keystone Tire
Lackawanna Steel. .
Lehigh Valley.
Mex. Petroleum . -.
Miami Copper ....
Midvale Steel
Missouri Psc. c...
Natl. Enamel ... .
Natl, Lead .......
New Haven
N. Y. Air Brake
N. Y. Central
Norfolk A Western.
Northern Pac.
49H
128
128 12 127
80
17H
25 H
27 H
73
42
SO 80 80
17 17 17
16
28 25 25
27 27 27
73 H 73 72
42 42H 42
192
192 190H 191
20
40 40 40
26 25 25
,. 69
75
80 29 80
.......... 97
70 69 69
.......... 88
71 71 71
4
40 .40 40
103 102 108
39 89 39
56 "io"' 60
..... ..... 97
..... ..... 112
16
96
'ion
2i
29
"eon
40H
103 H
Okla. Kef. A Prod..
Pur Oil ,. .;.
Pan Am. Pet., c
Penn. Railway . .
Peoples Gas .....
89
Pierce . Arrow
, 60 H
Pressed Steal
Car, e . . . , .
Pullman
Ray Cons. Copper,.
By. Steel Springs. ..
Reading, e '., . ...
Royal Dutch
Rep. I. A S., C. . .
Rock Island, c...
Sinclair Con. ....
Sices Sheffield ...
So. Pacific ......
Southern By., C. .
Studebaker, c ....
Shell ..........
St. L. A S. Fran..
Swift A Co. ......
Texas Oil - .......
Texas Pacific ....
Trans. OU .......
Union Pacific, e . .
U. 8. Rubber, c. ..
U. 8. Steel, e.....
Vanadium Steel . . .
Wabash .........
Western Union ...
West. ; Electric
88 68
113 118
89 90
86 86
80 81
70 70 .
92 98
28H 29
69 70
75 74
25 25
108 108
45 46
40 f 89
14l 14
114 114
92 02
91 91
84 85
8 H 8
..... 82
.. . .. 48
18 18
Willys Overland
Total sale Stock. 134T000 shares; boodsL
S5.066.000.
Weekly stock sales, 8,060,700 shares; bonds.
$59,007,000.
Isvestigats Prult Tronble -
Oreeon Agricultural CoUege, Corvalli, July
17. F. H. Laihrop, associate professor ef 1
tomology, has gone to Itoaeburg to continue testa
in connection with taivestigation ef peach aad
prune root-borer control. Tna are in progress
in commercial orchards at the Raseburg field
station. --wi..o
PRINCIPLES oPt
PlHIABLE INVESTMEOT
This boniscl loek f
64 pages will bIp
autqr man or
inveetmants more vriavely.
srplains tb iNinrlsmwitsla f
investinc, yt it is mot "bevvy
or tirasoms on th coatnuy it
is intsnssJy intrstiiar. It will
give jroaa g, "csosi wp" view of
thm stock mark sum! eatplabt
how tomaaM a ssnWanHsl profit
em Kates! tamfc esssl bemss wilbowt the)
lssaeasd al anarsxa treilasa. Tke Priav
caplee ml Proiilehlo Ini .stanat" wiU
99 whim m ypf
KRIEBEL 6" CO.
INVESTMENT BANKERS
137 So. La Sail St. CKic.dO
! S9 89
113 118
90 90
86 87
31 81
70 70
93 93
i 28 29
70 70
75, 75
25 25
108 108
45 46
40 40
15 15
114 114
02 92
91 91
86 85
8 8
'18 "19
r 1 j
It
PRICE .,&-
LIVESTOCK TREND
Fl
Hogs Are Sharply Higher si North
rortland for Week With Greater
Run Other lines Are Steady.
PORTLAND LTVIISTOCK UN.
Hog. Cattle. Calve. Sheep.
This week... 8003
4119
86
7IT
Week ago . Zl9 l(
Two weeks ego ..,..8058 8208
Four weeks ago ..,.4834 3031
Tear ace ......... .82
Two years ace ,; ..'9B0 $KiO
Three years ago ,...1986 2189
Four years ago ....4854 3522
S'.'a.
473
2N7
Z8
ISO
28
- 6S
6R
5294
0SSO
341
ou
1408
8016
Arrivals of livestock at North Portland
for th week totaled 1J7 ears compared
with 120 a week ago. 174 two weeks ago,
179 four weeks ago, 128 a year ago and
snd 18 cars two rears ago- Hogs were
firm and higher, cattle and sheep were
steady, -'j... ;
In the hog slley for tn wees tnerw waa a
nf.i .1 a oil a kaarf Muoetad aaKeemnared witn
2103 a week ago. At the ' start the market
showed strength snd there wa a qnick adrsnee
lo $17.50 for extreme top, a price that con
tinued ail tbrough th period flor this class
of stuff, . . .. ..
Portland hes pries were moon signer tnaa
the East or Middle Weat all during the week.
and the euUook for the immediate future seem
bright. -
UeneTSI nog market range: .. -
Prime mixed . , . $10-50 0 17.60
Medium mixed .... .. ..... 16.OO01S.do
Rough keavie , 10.00012.80
pis . 12.60W1S.UO
Bmoecb neaviae h.vii.
CaxUe Sltuetlee need
. mu than waa a fractional gain in arrivala
of cattle at North Portland for the six daya aa
compared with the previou" wees, nemanu con
tinued favorabl. Total offerings in this division
included 2219 head compared with J77 a
week aso and 1668 a year ago for thi same
week. - . (.. . . .
There was fair buying of cattle by outside
butcher during the period,
General cattle range:
Choice grass steer ,.,.,.,....$10.00010,66
950 010.09
8 78 0 9.60
uooa w cubic sievre
Medium te good steers ......
Fair to good steer ..........
8.00 0
6 75 0
f.60 0
6.60 0
6.5O0
4.600
8.60 0
6.600
S.76
s.oe
8.00
Common to 'fair steer. .......
Choice cows aad heifers .....
Good to eboice cows ssd heifers
Medium te good sow and heifer'
7.50
6.60
6.59
Fair to medium cows snd heifers
Cannere ....
4.60
.B0
Choice dairy eslves
,
12.00 01.4.25
Heavy ealve
7.00 0 8. 50
11.00 012.00
t.00 010.00
,. nans nuiH . . .
Medium ealve . A . . .
. It V- L . 1
Muttsn Oesa Blwrir
While local buyer took hold of mutton and
lambs rather wall at North Portland for th
week, the eenerai movement from th yards wa
toward outaide killer.
Trade conditions for both sheen and lamb
remained steady and strong in roots for the
six daya with price -practically unchanged.
ceneml sneer iwl lams, ra.na-
East of moentaia lamb ....... $1 160 0 11. $0
Valley lamb
19.00 011.00
Cull lambs ................
7.50 0 8.B0
Yearling .................
WeOlars x.
6.60 0
s.eos
2.60 0
8.00
V.Oil
Ewes ...
6.25
. : Dlapoartleei ef Livestock
FnUowhig was the disposition of livestock at
nona I'ertiana lor to wees:
Cattle. Calves. Hoax. Sheen:
Adams t'Kg. uo. . . . .
Bennett Meat Co. ... .
RATHER
V A
.64 .. ... 1
. 80 .. ... 80
.180. .. 574 1405
.28 , . 894 942
...... 00 , . .
. 63 .. 20 82
.167 175 991
. 90 2 03 43
.50 1 . , . . 8
.. 80 1 61 169
.606 ' 23 1885 1666
'. 65 . '. 243 7S0
.882 17 99 658
. 7 . . - ... 1014
. 03 8 07 607
. ."" 3 i"'. ..-.' p , 818
Barton A Co. .......
Car-ten Fk. Co. . , . .
U Otto
M. J. Gill . . .
Henry Pkg. Co ,
T. K. HOWltt
Schlesrer Brother , . .
Sterna Pkg. ......
Swift s Co.........
tiansoa
North
Miscellaneous
Oregon j feeder . . .
WMhlngton feeders
POTATOES AlOirO THE COAST
' Los Anoete Market '..
IM Angelea. July 1 7. Potatoes Three cars
California arrived ; four ears dirsrted. New
stock supplies liberal, market steady. Local Early
and Whit Boae fancy No. 1 raoatly 63.25 0
2.40: No. 2, $1 001.6O per lug; 100 pounds
eacasa iiq. a, eo. le fv e.ze.
: Seattle Market
Seattle, July 17. (L - N. 8. Potatoes
Mkima Gems 10c par pound.
3Tew Tork Sugar aad Coffee
New York. uJly 17.- U. P.) Coffee No.
T Pin IftUsi Mj. A. flat Bin. 1 A 11 A Q A f - .
cw, . , siw w , W 7 wf W TB - -
Svitar Qit. Raw. 818.81; refilled, quiet;
fZZtDm BUHL
Tax
Exempt
I Yield
Dated Jaamarv $1, tS Dae Serially 1884-17 !
DesomiaaUoa $1000 Price !$ TUId !
Piiselpal aad Semi-Aaanal Interest Parable la New Tork City
TVENTT MILLION DOLLARS IN PLEDGED property is be
hind the $400,000 bonds including this Issue of Twin Falls
, county outstanding. . . '
THE BUHL HIOHWAT DISTRICT EMBRACWH 86,000 acres,
practically all of which is under cultivation and produces magniri
cent crops of grain, vegetables and Xruits. Cattle raising is also
carried on extensively. j
FUNDS DERIVED FROM THE SALE OF THESE bonds went
to construct a modern system of roads and bridges, in connection
witb the state's highway.
; . . .f q l
: Telephone or Telegraph Orders at Oar Expesae ' - i
ORRIS bROTM E.RS lOS
I CaWVa -i '
VOwvwaas
c7AeePrmtercMuTuctpaJ 'SondHousm
Morrla BldC 8$t.ll Stark
. Telepkoae
sni!!i!iniui!iiiiiiiiiitiuiimiiiiu!iiiiiiiiiiiiiiiiiifiiiiiiiiiiiiiiiifiiiiiii!iiiiiiiuiiii!
I 7 : ' 1
PREFERRED STOCK
1 Portland Gas & Coke Go. 1
1 $98 PER SHARE 1
- - Dividends payable quarterly. -
S ' NORMAL TAX EXEMPT ' ,5
j " Surplus after payment of interest and dividends for S
5 tWelve months ending My 31, were as follows : E
S 1918 - 1919 1920 '
$202,000 $349,811 $466,916 H
ROBERTSON & EWING
Municipai -overnrnent Corporation '
BONDS - S
. 207-8 Northwestern Bank Bids, i -
iiniinnninnnuiuinnnniiMMniiininiiiiinnniiiniinMiniiniinininiiiiiniiil
Washington Potato
Crop Looks Gooqj
Acreage Is Short
-.ii. vx-.n. Waah ; InW 1-7. The potato
erop of irmtheasttni Wal)ingtoa this ysar will
aaal if not ie4 that ot lt ywr. denpits
i. . . u.. t. . t Vivi t SO rir Cent
of that at 1919. according to furore compiled
tty xnatnet naroauninn - v...
There are 450 acre planted to apnds tola
y.ar and the favorable weather conditions have
bsa wch thtt (arwsn nd trucU fsrdeners
I. .kia uniimi hava been reporting
super normal results tor ths erty crop snd an
excellent outlook lo tn lie poiaioee.
fui... ...... v. i.. e ,Vil. Hi.trict bare been
giving good result to the farmer a well. The
asperaeua ann vnuoam nave nan vnum "
did prieea and th outlook to onions aad eab-
bsges is fpienuia. -
Walla-Wail. 1eaH. th other eountlst In firdfn
truck production by a larg margin, but Horti
culturist Woods states that the outlook in- every
part of the region will bring Better resuiia 10
th grower that have been- known for some
yeara. -
Tb vegetable acreage for Southeastern Wash
ington, as compiled by Mr. Wood, follow:
Wlls Wells eeuuty Potatoes, 450; onion,
900; oabbage, 200; asparagus. 800; rhubarb.
800; miacellaneoua, including carrots, parsnips
and beats, 100: -
Asotin county -I ota toes. no.
Garfield coun,ty Potatoes. 50. !-
'.Columbia county potatoes, 100.
AMEBICATT LIVESTOCK PBICES
- . Ohlsaio Hogs 810,10 .
Chicago, July 17--iL N. S.) Receipt.
5000; better grade. 10c to 20c bight. Otliera
steady to higher; bulk, $13.83 016 00: topa.
116.10; heavyweighi. $14.50 1 A.80 ; medium
weight. $15.35010,10; lightweirht. $15,000
16.10; light lights. $14.00 015.76; heavy pack
ing sows, smooth. 813.75014.40: parking sows,
rough. $13.00 0 18. 7K: pigs, 812.76 W 14. .
Cattle lleeelpt. 2000. Compared week ago:
Ganrl to beet yearling steers, strong; heavy
weight corn fed,. 25a to 80o lower; best she
stock and canners, strong to 25e higher; bologna
and handy butcher balls, mnsuy 6o mgner;
best stockera and feeders. 10c to 20c higher;
others alow and uneven; veal calves, 8e to 60c
higher. - '
Sheep Receipt. 7000. Compared week ago:
Lambe about steady ; yearlings and aged wether,
75c to $1 higher; ewes, 50c to 7 5o higher.
No Kansas City Markt r
Kansas City.' Mo,, July 17. No livestock Quo
tation today. No receipts. . , ,
- Omaha Hogs $16.25 I
fiaiihs. uiv i. l v .Hoes Heceints 600.
higher; packer.' market, ateady to lOo higher;
bulk, $14.00016.00; top. 1..0.
Cattle Receipt -00: steady.
Sheep None; nominal. ti . -
Denver Hog S1C7S i
Denver. July 17. ( U. . ; P. ) Cattle Re
ceipt, 800; msrket strong.1 Steers, 5U.00 (?
14.50; cows snd heifen. $7.00011.00; stock
r and feeder.. $6.00 0 9.00; calv, $9,00 0
XI 60 ' '
Hoct Receipta, 200; O015e higher. Tops,
$14.75; bulk. $14.25 0 14.73. i
Sheep one, nncbanged. i
. Seattle Me. 817.80 ;
. Seattle. Juir 17. Hog Keceiptai 200.
steady, prime lights. $17,000 17.50;-medium
to choice, $16,00 0 17.00; rough heavie, $14.00
OH 15.00: piga. siz.ou a xs.eu.
Cattle Receipt 76, ateady: best- steers.
810. 50m 11.60; i medium to choice, 19. OU (a?
10.00: common to- good. $6.00 w 7.60; bt
eow and heifer. $8.00 0 8.60; medium to
choice, $7.OO0R.OO; common to good, $5,00 0
7.00; bulls, $5.6006.50; calves, $7,000
14.00. f i
Sheen Nona. . f
Pastern Cash Grain
Minneapolis Cash wheat-i ! No. 1 dark. $2.90
,ais! No. 1 northern. $2.8502.95; No. 1
red spring. $2 85 0 2.90: No. 2 red spring.
! sn B.oOi No. 8 nortnern. 82.87: No. 1
Sard MnnUna. 82.95: No. 1 bard Montana,
S2.90: Ne. 1 A dark, 63.80 efS.He; No. 8 A
dark. 62.70 0 2.78; No. I durum. 82.76 0 2.80
No. 3 yellow eorn, $1.48 01.51; No. 8 mixed,
i sa as 1.55: other grade. J1.O0 fa) 1.80. No.
S white oata. 92 0 96c. Barley, choice to fancy,
$1.1101.15. No. 2 rye, 12.10 ejz.ll. Clax,
$3.4003.50.
Kansas City Cash wheat. Oe lower.
Miuneapolis Cash December wheat, 11 lower.
New Tork Bask Statement
New York, July 17. (L N, S-) Bank
statmentx . . . ' '
- Average Loan, decreased, $7,024,000; de
mand deposit, . decreased. 619,768.000; time de
posits, decreased, $981,000; raasrrw, decreased.
$l,ms,u4U.
Actual fena ; IrTcreaarrl. ' $42,828,000; de
mand deposit, increased, $21,846,000; time de
posits, decreased, $443,000;: reserves, increased,
$19,218,830. , j ;
Xw Tork Bstterj and T.gg
New Yerk. July 17. (I. N, S. Butter
Market firmer. Creamery extra., 50 H SDe;
do higher scoring, 6780c: state dairy, tuba. 46
0 611c : renovated, extras, 49 0 60c.
Cheese Market unsettled State, 27 0
28 He: whole milk, specials, 26 0 27c
Keta Market steady. Nearby white, fancy,
63 0 65c; do brown fancy,! 84 0 57c; extras,
62 0 58 o; firsts, 45 0 4c.
Mlnaeapolls-DslnUi Flax
Duluth, July 17. Flax November, 8.50;
July. 3.40: September,. $.47 Bi track, 8-40
08.50; arrive, $.48.
Minneapolis, July 17. Flax November,
8.49; No. 1, 8.$9 08.44; arrive, 8.8908.44.
JUGHXICAX tOSTBUCT BONDS
COUNTY OF
TWIN FALLS
IDAHO
General.
Obligation
St Bet. Fifth and Sixth trrv.
Broadway tUl ,
tSVSSM I It
kasrUu.. I
f
Brighter Outlook
Shown in Wool; ;
More Inquiries
Boston, July 17. Wool men and manufac
turer of Heel ir engaged in feeling ground l
(mil $ reasonable basts of values lor tl r
domostio clip Th opinion 1. strenKihenm r
that tl bottom baa been reached for tne pr. .
est. Manufacturers who anticipate further seri
ous decline in values are in the minority.
Certainly, mor inquiry for wool ha been
noted Uurlng the at wek than In any of f
pTlou ill werki of rluliiM. llsnce a rr r
cheerful ton is noted along Hummer street now
then baa bees observed sinr th big slump in
Msy.
v Back of every argument concerning a price
renovery la wool or o.l ia th theory tlist tb
public one bavins tatted benefits of lower pries
will never be satUfied to y again the extremis
auotatlon rufretii tat year, amj for tlia f:i -.
quarter of L020. It is th testimony of all ob
server thgf th orgy of spending ia about over.
Mark down ssle are reported ail over the cu n
try. both wholesaler and retailers hsve had I '
adjust thamselve to new conditions, in some
caaea incurring serious losses. The wool irci
already bv rlirged off their losses and are at -,
te start th aw season with a fairly clean al.i.
Kecelts for th week were: Dnmesrvv
3,162,000 iwunds; foreign, 8,bSB,800 puuaus.
Chlrsgo Dairy Produce
Chicago, July 17. (I. N. S. Butter ll
ceipts, 14.0S3 tubs: creamery extra, 56c; cen
tralised. 54Het firsu., 64 He; second, 44i."
4Se: iwcking; storks, 34 040c. '
Egs Receipt. Willi cases; miscellaneous.
89(42c; ordinary firit. Dlltf asj; fir--
81 me: extras. 60 V. ay 61 He; checka. 83 H c,
dlrtiea, 86 He.
Cheese Twins, new. 244 026e: dirttd
94A025e; Voting Amerlrsns, 2HH("27e;
Long Horns, 28 IB 28 He; brick, 26 0 26 He
Uva poultry Turkey., 0e; cUirken. ale;
springs, 32r? roosters, 23c; geese, 20o; ducks.
30c.
Cherries Pay Well
Th Dalle Corrseponilrnc, July 16. Cherry
raising here tin. sessnn psys well, scrnrdlng to
IH. O. I. Dusne. III. 2u-scre orebsrd ha )wt
netted him a cool tio.ouo.
Clierrie ware lil.ll this season, ' and the!
meiiico'. crop of 44 M ton nftteii him f.r mere
than ' hi normal crop of 76 tone would bar
brought. Urn received $800 a ton lor lni
fruit, the gross ft-eeipts being- $18,800, sn.t
ster t.kinu out picking, packing and slln-
erwu, found he had a little iurtun of $10, Out
Foreign Kxrhnnge Market
New York, July 17 (U. P) Foreign -chsns
wss irregular st the opening todsy. De
mand sterling was quoted at 37 St , off lltl.
francs. 11.07. off 6: lire.. 16.97, up 3; marks,
.0202; Canadian dollar.. .8806.
Demsml sterling closed at $3.87 H, off I ;
frane checka, 12.01, up 1 cenUm net; lire de
mand, 18 09) cable, 16 07; Canadian doll.r.
receded to .88. off .0005 j marks, daman ,
.0256; cables, .0360.
Ksw York-Londos Silver
New York, July 17. ( I. N, H. ) Cmamsr.
dal Or silver wss quoted: Domestic, un
chsngea tousy st 99 Hi foreign, H lower at
89 e.
London, July 17. I. N. S ) Bar Uver
was 4 lower today at 62L
. Flrit Aahlsad Peaches
Ashland, July 17. Th first pesohe of the
son in this vicinity earn in this week. Cher
ries are sUU bearing.
TTr-w York Potato Market
New York, July 1,7. (I, N. S.) Potato-,
in bulk, barrel or bsg; market wesk ; naariiy
white. $11.00; Southerns. 8S. 00011. 00.
Multnomah County
'.".. Vou are familiar wUh
the rich body7f !nd
comprlslnjr the Sandy ;
Municipal Drainage Dls- ;
trlct lying- along the Co- .
lumbia highway Just east
of the city limits of Port
land, extending from
, Fairvlew to Troutdale.
The land Is devoted to
Intensified farming, truck
gardening, celery culture,
etc. The lands of this
district based on actual
productive values are
worth a very large sum.
It has a municipal debt of
less than $50 per acre.
These bonds are payable
from a prior tax lien, at
taching directly to the
land, running ahead -of
mortgage . Indebtedness
and any other kind of
private debt.
Can you compare any
mortgage security you
have ever held with the
safety of this? And the
Income on these bonis is
freo from Federal Incom
Tax both th normal
tax and all surtaxes.
These 6 bonds ma
ture during 5 to 11 years.
You may have, your
choice as to length of
Investment. You may In
vest In units of 1000.
Interest is collectible
semi-annually simply by
cashing the attached cou
' pons,
You earn 64 interest.
Income Tax Exempt
Call or write for details.
StcoMO looavG maim 646
NORTHWISTERN BANK BL06.
Overbeck &
Ccoke Co.
Stocks, Bords
Cotton, Grain, Etc.
DIRECT PRIVATE
WIRES TO ALL
EXCHANGES
Members Chicago IJoard of Trad'
Corraspondents of Logan Bryan
Chicago New Xork
tl$.J17 Board of Trade BaHdlsg
Generd Insuraiic;
BON DS
McCargar, Bates Cz Lively
Yeon Buildiiir Main 16S. h-ZZl