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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (July 21, 1920)
THE OREGON DAILY JOURNAL, PORTLAND. OREGON 11 MILLFEED REACHES NEW HIGH RECORD AT $59 A TON HERE Edited by flyman IL Cohen MONEY IS RESTRAINING TRADING - atUd by v F. Uesslaa WEDNESDAY; JULY 21, 1S20. BUTTER TREND IS LESS FAVORABLE Sprprlslns; lack of activity Is shown In the market Tor butter at this time and forced sales are being made at a lower price range. While for aorne day there hu been mora or lew conseatioa of of ferine f poor to ordi nary quality etork, even the better rraie i not marine u well a formerly. While no general price change la indicated, still it ia impoetible to affect a suitable movement at prevailing fig urea. Just what ia wrong with the butter market Ten the leaders of the trade appear unable to explain. The only thing they know is that the - trend of the trade ia not hralttty and that they . are unable to find sufficient buyer to clean op. Outside basin baa dwindled and at this tine 1 of nominal character, while the local ter ritory appears to here a surplus at the moment. ,i Tbose desiring special Information regarding any market should write the Market Editor, Oregon Journal, enclosing stamp for reply EGO .TRADE HOLDS STB05X1 HEBE Market for eggs 1 showing a firm tone along the atreet. Hales are shown at atrong prices, while' practically all f. o. b. buyers are today offering 2f t doaen for-current receipts. Fort land delivery. -..,. , , - HGHT.HES8 HARDEIt TO SE1E ' " For Hghtweignt hens the local demand at this time 4a very limited.. Buyers are wary about taking hold nd latest sales are alow at 18c generally, although a small amount of business is dona at 19c. Heary stock is firm. COrSTBTi KILLED HOGS HIGHER Market for country killed bog ia showing 'a firmer tone along the atreet, with receipta liro - ited. Bale of extreme top quality are ahown aa high as 23c a pound. Veals are about steady at f or soar prices. .- POTATO MARKET STILL DROPPI2TO , Potatoes continue to 'reflect weakness in the local trade ' with increasing supplies of home offeringa. Buyers in general are not offering rrowees above 4 a- pound today, while sales to retail era also shew reductions. JTaTTf APPLES. MOVI.NO SLOWLT While Increaalng supplies of new crop apples are- ahown" from" California, demand i limited, although , quality ia fair.. Oravenateina and Ae tracan are being offered at 94.00 04.1(0 a box, according to size, of stock. BRIEF IfOTEM OP PRODUCE TRADE Red bniona art very alow at 1 S c' pound. , First ear of Turlock canta ia due Friday. Rartlett pears are being offered at $6 gen rallr. Kmall- supplies. The DaUea tomatoes offering at 3.003.i.V Cabbage market is alow but steady at S 2 H e pound. t AH .berries were scarce at full prices. ; round and sweet chocolate down lc a pound. Eastern oata in packagea up 50c a case. -WEATHER NOTICE lOH SHIPPERS Weather bureau advices: Protect shipments during the' next 86 hours against the following maximum temperatures: Ouinar north. 7S de grees; northeast, oer S., P. & 8. It. It.. 00 degrees; cast to Baker. 90 degrees, and south : to Ashland. 00 degreea. Maximnm tetmnere ture at Portland tomorrow about 82 degreea.. WHOLESALE PRICES I3T PORTLAND These are prices retailers pay wholesalers. -ex. cept aa otherwise noted : Dairy Product BUTTER Selling prle. box lots: Creamery, prime, parchment wrapped. B7c Ib.s prime firsts, BSc lb.; firsts; 54c lb.: smaller lota at an ad "ranee. Jobbing prices: Cube extras.. 54c: price firsts, 53c. BUTTERFAT Portland delivery basis, 56 68c; country atationa, 64 65c. OLEOMARGARINE Best brands. 40c; ordi nary. 33 He; (bakira, 83c; nutmargarine, l ib. cartons. 82c per lb. . . - CHEESE Belling price: Tillamook, fresh Oregon, fancy triplet,. 82 33e per lb. ; Toung America, 39 8fte. prices to -Jobbers, f. o. b. Tillamook: Triplets, 2e; Toung America, 80c. Belling" prices: Cream brick, 40 42c. Belling price: Block Swim. 48(8P4Do: limburger. 40(9 ,42c per lb. : ,.; EGOS Buying prices Current receipts, 42e; candled, selling price, 46c; .select. 49c per doaen. LIVE POULTRY -Selling pries : Heary' bens, 27e: light hens, lSe; spring light, 18(e) 20c; hesvy, 2.M2Hr; old romtera, tlOe per lb.; turkeys, lire. ( ); dressed, 45a lb. s- Fresh Vegetable and Fruit FRESH FRCTT Oranges. $6,75 0 T.25 per box ; . bananas. llvt12e lb.; lemons, 85.00 9 6 2 per crate; grapefruit. 84.510; cantaloupe. California. $2.25 0 4.75. APPLES New. $4.00 4.50 per box.' 1; DRIED FRUIT Date. Dromedaries. $7.50; Fardn. M OO per box; figs. f2.5O0 5.OO box. ONIONS Selling price to retailers: New red $1.50; white, $1.00 crate;, garlic, 85c lb.; green onion', 25 0 40o dote a bunches'; onion , set. 17 18c lb. . POTATOES Selling price: -. Oregon, fancy. $5.00 $6 00. .. .,-- ' BERRIES Strawberries, $4.(50 SB 4.75 crste; raspberries, M 754 25; lneanherrie. $2.50; blackcaTia. $3.75; currants, $2.00. VKOETABLK8 Turnips, $3.50 sack; carrots. $4.00 mck-; beets, 00c dozen bunches ; lettuce, $1.2501.50 per crate; cucumbers, $2.00 per dozen; tnmstoes. $3.75; ecg plant, 50c per pound: roecoli. $2.25; bell peppers, 25c; cel ery. $2.25 a 2.75 doaen; string beans, 10 0 12 He per pound. . .... . Meat and Prevision COfNTRT MEATS Selling price; Country nogs, 22"Hc23c ror top blockers;, heary. 10c; best real, 2121 He; heary vel, 14c per lb. SMOKED MEATS Ham. 4104Ac per !b. ; breakfast bacon. 83 0 58c; picnics, 25o per lb.; cottage roll. S3e per lb. . LARD -Kettle rendered. 26c lb. ; standard. 23 e; tierce bssis. compound. 21 He. Fish and Shellfish FRESTT FISH Salmon, fresh Chinook. 1 So lb.; halibut, fresh, JSlRc per lb. ; sturgeon. : bleck cod. lOolllc lb.; kippered sal mon. $2.50 per 10 lb. basket: . kippered cod. $2.35; razor clams. I ); crab. $2.7503.79 dozen; ling cod, 6 0 8c per lb. . Groceries j ' SUOAR Nominal price, refinery ba-Ma: Cube. $28.85; fruit and berry. $23.00; D yellow. $22.40; granulated $28.00; extra C. $22.60; golden C. $22.50. HON'ET New, $7.000 7.50 case.; KICK Japan f yle. No. 1." 1 2c: New Orleans bead. ( ) ; Blue JSose. 14 o per lb. . SALT Coare, half grouml. 100s, $17.25 per ton; . $18.73; table dairy. 60s. $27.25; bales $3.80 0 4 OO -'fancy table and dairy. $30 50; lump rock. $26.50 per ton. -BEANS Sabs by-jobbers. Small white, 7 H e per lb.; large white. 7r lb.; pink. 8 Vi e lb-: hmav 12Hc; bayou. 1 1 4 c ; reds. lOHc; Ore gon bean. buying irice, nominal, 6 H e lb. CANNED MILK Carnation. $6.50'; Borden, $6.50; Ator, $6.40; Eagle,. $12 33; Libby, $0.5O; Mount Vernon. $fi.40 per case. COFFEE Roasted, 84 0 4 tic in sacks or : drums i ' HODA fRACKERS In btilk. 20c per In. SUTS Walnuts. 85 0 4OC per lb. ; almond. 88c;- filherta. S2c in sack lot: peanut, 14 H 015c; pecans. 25e; Brar.ib, 35c. . I ... Rope, Paints, Oils. ' BOf E 4-Sil. dark. 18-Hc; white, 20c lb.: standard Manila. 6 He' LINSEED OU. Haw. bbla., $1.83 gal.; kettle boiled, bbU., $1.85; raw, cases. $1.08; boiled. cae. $2.00 aallrn. COAL OH- Pearl or water white. Indruma or iron barrel. 17 He gallon; case. 30c pet gallon.' : tiASOUNE Iron barrels. 25 He: cases. 88; engine distillate, iron barrels, 16e, easea. 32 He. WHITE LEAD Ton lota. 15c; 600 lb.. 15 He per lb. TURPENTINE Tanks. $2.26; case. $2.41; 10 case lots, le less. Cbtrac-o Dairy Prod are , Chicago, Jnly 21. ti. N. S.) Botter Receipts. 17.068 lbs. Creamery extra. 65 He: firtv 4954c; second. 84 0 40c. Eggs Receipts. 17.519 cases. Mire.- 42 0 48 He:, ordinary first. 4O04OHc; first.' 48H 44Hc; checks. 24 0 84H-c;i dirtie. 28 0 2 S c. Cheese Twin. new. 28 0 24c: dairies. 54 m 24 H : young Americans, 25 He; long horns. TiSHe; brick. 2525He. Lire Poultry Turkeyn. 40e; chickens. Sic; Kooaters. 24c; geese, 20 0 30c: ducks. 80 0 82c. HOTEL HO YT Strictly Fireproof. Near Both; Depots and convenient car rriee to all part of the cits. Stool Room Without Bath, $1 and u - StneJa Room With Bath. $2 amel up ELBERT S. ROBE Manager . - - ... 0 MAR.K.ET BASKET By Hyanaa H. Cokes The waya of the consumer are past understanding-, ' Those . who have been daily dealing; with the public are unable to explain just why people will complain bitterly because of the Men cost of products, and whenever they are offered supplies at lower - prices, they fall to purchase. 5 , i f Attention ia just- now called to the fact that with onions selling at the lowest prices for many: years, the public baa decided that It does not want any. . Cabbage sold extremely well and freely when prices : were high. . but the public does not care to purchase stocks when they are low as at present. - When potatoes were much higher than they r are today, the public bombarded the grocers ' with . orders but with prices dropping, consumers appear to have lost their appetite for stock.; ' ' The same Is true as regards cherries. Prices' are low on : this stock but the public wants little of it, , J The .following price are average ones the con sumers are expected to pay retail store. Quality quoted i average, fancy atuff being slightly higher and inferior stuff fractionally lower. . Butter Best creamery print. 62 0 64c ' Eggs Fresh laid, 65c per doaen; fancy fresh, 49 fa 52c per dozen. ; Poultry Chickens, dressed, : $0 0 40c per pound. '.-'.. i.-'i- Kih Selraon, 80c per pound; halibut, 80c per pound. Flour Best local patent. $3,50 0 4. $0 per lk. 40 pounds. Potatoes Burbank. T01Oe. . Oniona Dried. 8e ner pound . - Strawberries Oregon. 25 0 80c per box. , Kvpbcrriee Locml. 2c ier box. loganberries -Kncy, 15 0 20c. Blackcp Fancy. 20c. . Sharp Loss Forced . v In Chicago Wheat Chicago, July 21,- (L n. H.) Grain future broke aharply on the board of trad today under the lead of an opening decline of 7c in wheat but pit sentiment was so bearish in the fee of good support from the country that the market became oversold and attempts of short to cover foced good -advance in corn and oat before the clone and wiped: out most of the early loss in wheL -; - ' t " , - i Buying , credited to a .big- elevator concern checked the break m all pit and considerable profit taking waa in evidence on the decline. At the clow wheat was 1 He lower, while July com was 2c higher. , September was up 1 0 1 e, and December 1 H 0 1 He over yeter dy' close. July oats finished with a net gain of 1 He. September ; was up H 0 He and De cember the -same. Pork finished 20c off, . lard down 7 H e 0 12 He, and rib 7He lower, j ' Chicago, July 21. (L N S.) Favorable re port , from the Kansas crop . caused a lowering opening In wheat today. December starting with a decline, of- 8 0 5o , and , March with a loss of 6 He. -. . i ,- ,w " The opening in corn was also lower, the de ferred futures being off from H to 1 H c Fa vorable weather w1 reported over the-belt and there waa general commission house selling. 0t opened unchanged to He lower, with a light trade. Provisions started lower in sympathy with .-Chicago range by United Pre: , VV 11 KAT Open. i High Close. 256 H 261 151 162 137 : 01 ' i 77 . 76 H Dec. . . . r.4'5 257 250 255 148 147H 185 H i' 89 75H . 74 March July........ Sept....... Dec.. . ...... July... ...... Kept. . .'.. Dec 255 i 261 H CORN 149 ' ; 151 1404 152H 187 , 139 : OAT3 SO H 91 . " 76 H 77 76 H 75 4 - ; PUliaV Nominal j ' . . , 2780 ! 2815, LARD - July... Sept.... 2665 2815 1885 1935 85. 1685 2780 July. . , i Sept. . . . July. . . , Sept. . . .. . i Nominal 4 , .. 1035 i 1985 1012 BIBS .'.Nominal . .,1670 1685 1667 DAIRY PRODUCE OF THE COAST ' St Franelsee 8arts ;......-.-. "Sn Frncico, Cel.. July 21. (TJ..- P.) Butter Extra first,: 59 He; prime firsts 68c Egga Extra 61c; extra pullet. 47 He; dir ty No. 1, 54 He; undersized pullet. 87c. Cheeae California flate, fancy 34c; first,' 39c. ,: i s ' ' - . ' Lot Angela Market i Mt Angele. July 21. (L ti. S.) Egg Extra, 51e; ce count, 49c; pullet. 46c; pee wee. 3 1 e. i ; ? " Live poultry Hen. 20 030c; broilers. 26 0 80c;- fryer.: 32c.--: r-. t - -. ..jw.; . .. Saattle Market - Seattle. July 21. (L M. S.) Egg Select ranch, 52c ! i, '"J'";" " .,!"'' Butter City creamery extras. 68 0 57c. ' Cheese Oregon triplets, 30 031c; Toung America. 32c. ,: . : - POTATOES ALONG THE COAST . San Francisco Market San Francisco. July 21. (U. P. Pota toes Fancy. 4 H 0 5 He; No. 2. 2 0 3c Onion Yellow. 81.00 01.25. . Field Pea 50 6 He. .... Los Angele Market Lo Angeles, July 21. L Jf. 8.) Fota- ae Nina , ears -i California arrived, seven car on track. .New: stock suppliea liberal, market .teady: Local early and White Ho fancy No. 1. mostly $2.2502.40; No. 2, $1.0001,50 per lug; 100 lb, kicked Nn. 1. $6.75 0 8.00. : Saattia Market ' i Settle, July 21. L N. . 3. ) Potato Takima Gem, 10c per pound. - t Wew Tork Batter and Egg New Tork. July 21. "(L "HV 8.1 Butter Firm. Creamery extras. 57 060c; creamery firsts. 52 H 0 69c; higher aeoring. 57 H 0 61c; 552 !firj tuba. 45 0 46 He; renovated extras, 4 9 ( 60c. CTueese Market' weak: state. 27 H 0 28c; whole milk specUl. 25 H 0 26 H c Eggs Market firmer. Nearby white. , fancy 65 0 67c; nearby brown. 55 0 58c; extra. -63 0 64c; firsts, 46 H 0 49c. , , ' JTew Tork Metal Market - New Tork, July 21. (I. N. 8. ) Copper Quiet; spot July. Auguat and September offered 10; tin, quiet, July to August, August to Sep tember, September to: October and October to Mcrember. 41 (g 5rt. . Ld Quiet, spot July, Auguat and Septem ber offered 9. . - i - - . Splter Quiet-2 Spot July. 'Aogtut, Septem ber and October. 780 0806. ; . i Dried Fralt and Beans " : . New Tork July 21. (L N. g.) Bean Market weak. Marrow choice. $11.50; pea choice, $8.00; red kidney choice. $17.50. ' Dried fruits Msrket dull. Apricots, extra choica to fancy 26 0 37c; appkw. evaporated, prime to fancy, 110 1 8 H c: prunes 80s to oi 17 H 024 He; 60s to 100s. ll H 018 He; peaclws. extra, choice to fancy, i 18H 021Hc seeded raisins, choice, to fancy. 23 H 0 25c ' Rerord CitTTj Crop Engen. July 20. One of the greatest crop of Royal Arfhe cherries ever harvested in this ecUon being brnuglit to a 'close today :' At tbe plant of the Eugene Fruit Grower' asso ciation there waa a-record of 600 tons received up to Saturday night, and probably from 50 to 1 00 tons hve been received since. Several thousand boxen of the fruit were placed in cold storage until they could be put into cans. : Added to,ihJV PBt ha packed 1500 barrel with bulk cherries. The percentage of rain-cracked fruit ran much (mailer than waa at first esti mated, and these were not a total lose a they were put through the evaporator. "New Tork-Londoa Sliver New Tork, July 21.-(L N. S.) BaV.ilver was unchanged todav at SB U e mrA fi.i u . higher at 94c j s- , ,; , . . . ' London. July 21. (I. N. - 8.) Bar Mirer waa 2 Hd. higher at 65 d. - " 2few Tark' Sugar' and Coffee Km Vrefc Tnlw " t I IT tj k - . - j , . . , . f i. i.i i ei -No. - -' e - - . . - . wv.mm. 0 v - WC. Sugar Raw .weaker. $17.56; refined quiet; granulated. $22.000 22.50. . . f Kaval Stores Market t New Tork. Jul, ,21. ( L N. 8.) Turpen tine Savannah. 153: New Tork. 165. Rerin- Savannah. 115001170; New. Tork. 1265. Saa Franrlaeo Poultry Market . .1 ,,rT"ris'. July 21 U. P.) Broiler. 38085c; large hens, 35038c; beat duck. 20 iS 2 Ac . . Chicago Potato Market " Chfcago.' July 21 1. N. 8. Potato ai ear. - Missouri and early Ohio, $4.90. " WHEAT TRABE IS ; : m NOMINAL BASIS N0BTHWE3T CHAIN BECFIPTS . ; Cn 1. - Wheat. Barley. Fkmr. Oats. Hay. Pcrtland. Wed. 13 ..1 .. 1 ' Tear ago ..... 5 , 0 24.: 3 Sea-en to date. . .14S , 12 SO 18 81 Tear a ..,,..121 87 55 " 47 84 Taeoma, Tuesday. . ... 9 S Tear ago ..... 4 . . ... ... 8 Season to date. . . 100 2 t . . 7H Tear ago 40 20 . 1 j 2 '29 SeatU. Wed. .. 4 ;' . . .... 1 Tear ago , . . S" 2 1-' 1 5 Sea-wi'to date... 58 3 . 18 .. 127 Tear ago 55 4 80 21 18 Those who contracted their wheat some time ago as high as $2.50 per bushel at country points, are the envied ones In their sections, r So severe has been. the decline In prices since then that few buy ers are wlllinff to admit that they made purchases. i 'M""'J!": -'I'"- Jut at thi time there i a lull ia th buy ing of wheat at) Pacific Northwest points. With oarvest iurt sUrting in the earlier sections and with deliveries torn; time awar, buyer are not seeking stocks at the moment. While It is generally anticipated that wheat price will, not go very low thi season, much depend upon the foreign situstion and especial, ly the exchange market. , With further decline in foreign money it is difficult for Europe to purchas at extreme prices in tW country.,, A new high record baa been established again, for mills tuffs in the local market. Some of the mill are asking as high as $59 a ton at the mills, .while a few are still offering at $68.60. Both of these are high records. There is so little stock of feed avilbl that it ia impossible to' fill 'order. Miller are not anxious to open their plants a yet because of general trade con ditions and there ia little mlllrun in aighu -, . Broomhall cabled from Liverpool: " i The general position of wheat indicate that European requirement of thi cereal will be lib eral, poibly 520.000,000 HiwheU to 560 AO0,. 000 bushel and importer will have to rely 'large ly upon North America for those supplies. Crop in Australia and Argentina are now promuing better, but the old crop in these respective countries have been about cleared away and the new crop will be available until the beginning of next year. Tb crop ia India will approxi mate 368.000.000 bushels, but the some con sumption will be greater than the prewar aver age of about 320,000,000 bushels, so it i not safe to "reckon on obtaining more than 30, 000 000 bushel of wheat from thi grower Authorities will not permit export of wheat un til after October. Tb food controller of Ureal Britian ha stated that the British termer may obtain fully 140 per quarter for the coming harvest of wheat, thi Will, come to about $3.41 per bushel. , .,i19UBn"S'JUn orte. will door: Patent, 818.75; Montana apring wheat.. $14.85: Wil .,",1,'' U ,brnd- $11.20; local tright. $11.20; baker' local, $13.50; graham, 411,60. Pnces for city deliveries lor five barrel lota. HAT Buying price. - nominal: Willamette timothy, fancy. I ) per ton; vetch. $22.00; cheat. $20.00; traw, $10.00; clover. $19.00; grain. (); alfalfa, $26.00 a ton. . - GRAIN SACKS Nominal. New crop deliv- VJL i"?A 1, Calcutta, lH02OHe; domestic. 10 0 20c in car lota; less amount higher. MILL8TTJFFS Mill run at mil, , sacked. $58.50059.00. v 'r ton. buying price: Feed. $70.00. BARLET Buying pricer Feed. $62,00 0 63.00; ' milling. $ft8.O0; rolled barley, selling price. $67.00 0 68.00. . aiercnanta ivxebange bids: WHEAT Sept.' Hard white ... .247 Soft white ...... V ...... 244 White club 243 Hard winter ............ 247 Red winter ............ .242 Northern spring .........248 Bed Walla .841 1 . FEED OATS t Nov. .250 246 . 245 248 244 250 243 . Sept. 6500 . Oct 2-17 245 244 ' 247 243 249 242 Aug. 6000 5400 6250 July . . . . . . . 6500 BARLET ...... .5700 ..V. . . .6500 - CORN No. 2 white No. 3 bin . Feed No. S vellnw L 6500 Eastern com ia bulk: No. 8 yellow . . . , : . , . . .6200 6200 6200 COTTOIT PRICE JS GENERALLY 1 .X.OWER AT "THE" OrEKIKO New Tork. July 21. L N. 8.) Th eof ton msrket opened 2 points higher oa June and 3 to 25 point lower on other position tody.. The weather is the belt was unfavor able.' Preaeure wa exerted after the call and price broke about 49 point from the opening levels. The South wa n active seller. - ' The 'market -waa- irregular in the late deal ings on small transaction. The close waa barely steady, unchanged to 55 point lower. . Spofe cotton waa steady and unchanged today at 43.00. No gales. ... - Month . r Jan.. . . i . , Feb. ...... March .. . , April . . . . . May . '..:, June . . . . . July ..... Aug. Sept. Oct. ..... Nov.. Dec - . . , .Open ....32.50 lii.65 111130.87 ....80.72 . . . .42.25 High . Ixw :. Close 82.52v 32.03 8S.15 . . . , 81.85 31.70 31.10 . 81.20 . . . . .... . 80.05 80.00 30.3S 80.40 30.72 - 30.72 ' 80.20 43.00 42.15 42.50 . . . . ..... - 86.00 .... ..... 85.00 35.05 34.43 84 65 . . . . ' .... 88.80 33 25 32.65 32.91 ...33.00 33.15 Liverpool Cottoa Market Liverpool. July 21. (L N. 8.) Spot cotton opened in fair demand. Price steady. Sal 7000 bale. LESS CHERRIES RT7T GROWERS WILL GET MORE MOSET ' The' Dalles. July 21. Although six lea cars of cherries were shipped from here thi season, local growers will receive more for them than for shipments made in 1919. - - . There were 1 6 car shipped by the Cherry Growers' union in 1919, total receipta for which were $85,000. This eaon but 10 car hav been shipped, for which $40,000 ha been received. The average prici . received for fruit this year has been M. 10 per crate. Local cherries, beside holding high in ether martr bve keen topping tb market all aeason in Naw.l'ork city.. .. r ,t j,,,. r PACIFIC COAST BANK STATEMENT ', i - -Portland Bank i Clearing Thi weak. Tear ago. ' Monday . ...$ 8.163,778.61 $ 6.058.552.18 Tuesday .... 5.969.1SA.09 3.943.014.88 Wednesday . 5.50O.5 15.57 - Spokane Rank Clearing ; Wednesday ......... Balance Wednesday Seattle Rank 5.099,410.76 $ 1A31.088 O0 653.608.00 Clearings -Wednesday,... .$ 5,948.678.92 Balance Wednesday ......... Taeoma Bank 1,468.655.22 Clearing tWednedy . . . , . s $. Balance Wednesday San Francisco Banks 660.896.00 , 66,404.00 Clearings, W.-drce-dsy . .S27.20O.O0O.OO Los Angelas Banks Clearings Wednesday ....... .$11,829,422.72 Cash Grain Market ' St. Louis- Cah wheat, 4 lower. . Cora,. 2 lower. i Kan City Ch ot. 2 0 2 H - off. ' Minneapolis Spring wheat, 5 up. Others 10 up. Winter wheat firm. 2 up. Rye and oata, 1 up. Corn. H up. Barley alow, un changed. : 1 , . ' . -, Chicago Cash wheat. 2 up." Buenos Ayres Wheat closed 22c below pre vious opening. . Iondon Spot corn up 3dj futures. H to 1 lower. Oets unchanged. TTew Tork Wool and Hides' New Tork. July 21.- (I. N. 8.) Wool Msrket dull and easy; domestic fleece XX Ohio, 38c 0$1.45; pulled scoured basia, 43c 0 $1.25; domcntir Texas scoured basis, 65e 0 $1.40. Hide Market : uUve steers, 21028c; branded teers, 27 028c: French Crop Walts ' " " ": Paria, July 21. It was officially stated tht it is practically impossible to harvest the French record - crop this year on account of lack of labor, . v . . San Francisco Grain Market - San Francisco. Job 21. (IT. P. ) Barley 8rtfeed. per cental, $2.5002.65; shipping, "wbet--$4. 16 04.25 per rentaX Stocks, Beads, Cottoa, Urals.. Eta, 1VS17 Board ef Trade Balldlsg Oyerbeck DIRECT PRIVATE WIRES TO ALL CHANGES Maber Ckieago Board ef Trade CorreivMtadaaU ' of" Xogaa Bryaa Cklcaga bow Tork FIRMER PRICE AT STOCK OPENING ;. New Tork. July 21-U. P.) The Evening Sun this afternoon said : Wall street today experienced another monotonously dull stock; exchange ses sion. Uttle outside Interest was mani fest in - the . market and professionals spent their time picking out weak spots In an attempt to bring about a general reaction. An early rally, led principally by the rails, resulted In gains of one or two points scattered throughout the list, but this movement quickly subsided. Equipments and oils eased, following moderate rallies as traders - continued their experiments on the short side. New York. July 21. (U. P.) Prices were firm at the opening of the New York stock exchange today. Prices were : U. S. Steel 91, up ; Anaconda 55, unchanged; Southern railway 29 ft. up ; Studebaker 71. up ; Retail Stores 74. up ; American Locomotive, 82, unchanged ; American Woolen 96, up 1 Replogle 84V4. up : General Motors 24. off 1 Pan-American Petroleum 103, up ; Canadian Pacific 119, off ; Baldwin 119; up . A reaction of 2 H points took place bef ar noon in U. 8. Rubber and there waa a drop of more than ' a point in Studebaker due to trad er looking for soft spot, particularly in the in dustrial list- i- - . Corn Products held firm at 94. op 1. -- Call money renewed at 8 per cent. Early activity devetoped in : the rail with Boding rising 2 H to 91 H. Pan-American wa firm around 103. Mexican Petroleum wa UP 1 H at 192H- Tbe whole sugar list sold off sharply during the third hour. Punta Alegre wa off 'nearly three point at 964. Around 1 o'clock most of the industrials made new low for th day. T lading was light. : Furniahed by Overbeck & C.ooke Co., Board of Trade building: 1'KpCRIPTION:' ( Open High Low Close Alaska Gold I 1 Allia Chalmers .. 38 H 36 H 88 H 36- Am. Agr. Chem . . . 85 H 85 H 85 H 84 Am, Beet Sugar.., 88 88 88 87 am., Car Fdy..... 89 40 19 4 40 Am. Car Foundry. 136 138 135 135 H Am. Cotton Oil ...... ..... . . 42 H Am.' IL U, c. . 16" 16 16 15 Asa. Int Corp.... 84 H 84 84 84 . Am. Linseed, c. . . . 79 H 79 H 79 H 78 Am. Loco., ..., 98H 99 98 08 t Am. 8. A Com... 28 H 24 23 H 23 H Am. Smelter, c. 59 H 59 69H 69 Am. Steel Fdy. .... . , . . . 87 Am. Sugar, e 124 H Am. Sum. Tobacco. 91 91 89 H 89 Am. TeL V Tel.. 94 H 94 VI 94 94 Am. Tobacco. 208 Am. Woolen, c... 90H 90 H 88 80 American Zinc.'.... 12 Anaconda M. Co... 55 H 53 65 H 65 H Atchison, c ... . 81 81 80 H 80 H Baldwin Loco., c... 119 119 117 H 117 Baltimore 4c O.. c 32 82 H 31 31 Bethlehem Steel. B. 88 H 88 87 88 Brook. Rap. Transit 10 Butte A Superior. . 22 H Canadian Pacific ..1119 121 119 H 119 Central Leather, c. 63 63 82 82 Che, k. Ohio..... 64 54 63 53 Chi. GL West, e . . . 8 C. M. A St P... 84 84 33 H C. A N-W 69 H 70 69 H 69 H Chile Copper ......15 15 14 14 Chino Copper ....29 28 28 28 CoL Gas 4t Elec. .. , 64 Colo. Fuel A Ion.. SC 82 32 81 Consolidated Gaa .. j.... ...... ...j, 78 Corn .Products, c. 93 93 92 Crucible Steel, c 155 H 155 153 153 Erie, c ......... . j,... ..... 12 General Cigar-.... ...r. ..... ..... 63 H General Electric .. . .... ..... ..... 142 . General Motors ... 24 25 24 24 Granby Cons. . ... . . . . . .......... 35 H Great 'Nor. Ore... 8 5 86 85 35 Great Nor.' Ky. .. . i20 70 70 70 Greene Cananea ... . .... ..... ..... 29 Gulf State Steel . . ..... . .. .. ..... 69: Illinois Central . . . . . ..... ..... 81 Industrial Alcohol.. 90 90 89 89 Inspirafn Copper. . 49 50 49 49 International . Paper 83 83 83 r 83 H Internat'l .Harvester . . . . . . 129 Int. Mer.' Max.. c. . 80 H 30 H 30 30 Int. Nickel ..... ., 17 H 17 17 17 Ka. City Co., c, . i . . . . ... . . ..... 18 H Kennecott Copper.. 25 25 25 25 Ijackawanna Steel.. 73 73 73 73 Lehigh Valley ..... . ; 42 Mexican Petroleum. 192 102 190 190 Montana "Power .... ..... 80 H Mimi Copper ..... 20 20 H 20 20 Midvale Steel .... 40 41 40 40 Mo. Pacific, e..,. 26. 26 26 , 26 National Enamel . . . .... .......... 69 - National Lead .... 75 Nevada Con. . ..... ...... ..... 12 New Haven ...... 31 31 30 3 N..T. Air Brake ..... .!... ..:,. 99 N. T. Central .... .68 70 I 68 6 Norfolk A Western. J 88 Northern Pacific . 71 71 71 71 Pure OU .Tv.'. ... 41 41! 40 1 40 Pacific Mail . . t . . .. .....;. ,. 30 Pan Am. PeL, c.103 103 102 102 Penn. Railway ... 39 39 39 80 People G . f l. . . . .1.. . . . ...,4S3 Pitta. Coal, '.e. ; .... .....I 59 P. S. Co. 98 98 8 97 Ray Cons. Copper . 16 16 16 15 Ry. Steel Springs . ..... 95 Reading, e....?. .' 89 91 89 91 Boyal Dutch ..... 77 78 H 77 77 Repub. I. A Stl. c. 01 91 90 90 Rock Island, c... 87 37 36 37 . Shattuck Copper . - ..... ..... . . . , 9 ' Sinclair Con. . . , . 80 31 80 $0 Sloes Sheffield.... 71 71 71 70 Southern Pacific. . . 03 H 94 3 93 Southern Ry, e;. 29 29 29 29 Studebaker. e. 71 71 69 70 St. U A 8. F.. .. . 25 25 25 25 Swift' Co. 108 108 108 108 Tenn. Copper .... i 9 9 9 9 Tobacco Prods...... 67 67 67 H 67 Trans. Oil ....... 14 1 5 14 14 Union Pic, c... 115 116 115 115 II. St Rubber, el.. 98 93 91 91 V. a. Smelt. A Ref.. 68 58 . 58. 57 V: 8. Steel, c .... 91 91 91 91 Utah Copper ..... 66 H 66 H 68 H I 66 Vanadium Steel ... 85 H 85 H 84 84 H Virg. Chem.. e. ... ..... ..... ..... 70 Wabash ...... i8 8 8 8 Western Union . . . . ..... '. . . . . 82 Westinghouse Elec... 48 48' 48 48 WiUy Overiand .. 18 18 18H 18 Ki. di v. oer cent. Total sale for the day with bond salea showing a went 810.60O shares total of $8,819,000. TTew Tork Bond Market Bid . 73 .59 .-78H .. 60 . 98 . Ask ' 7 69 79 6 93 6n 22 -n 77 Vi 22 73 78 .0 91 71 96 , 78 88 76 74 76 Ab-hlmn Genl. 4s. : . Hal. A Ohio Gold 4i Beth. Steel Ref. 5s. . Cent. Fneific lt 4. C. B. A Q. CoL 4. . St. Pul tienl. 4 H. t;hicr N; W. Genl. L A N. I'ni. 4 . ; . . New Tork Ry. Sa.i. Ncrthern Pe. ' P. L. Reading Genl. 4s. . . Union Pe. lt 4. . IT. S. Steel 5s. . . . . I n kin Pac. lat Ref. Southern Use. Conv. Southern Pc. Conr. Prnna. Conv. 4H.. Penna. lat 4 s. . . Chea. A -Ohio Conv. Ore. Short Line 4s. 67 4a. ., . , 2: ! 77 19 72 78 79 0 69 . 5 H 76 86 75 .78 ' 75 4s. . . 3s. 6s. 4s. -j 6. Foreign Bond Market Furnished by Overbeck :i A Board of Trade building j : A. F. 5s, Oct., 1920 U. K. 3 . Nov.. 1920. . . . . Rep. France 5s, 1981 Pari 6. Oct.., 1921...... Ru!ia . axta. 5 a. 1921. .. . Russian Intl. 5, 1926... Dom. ' 5a, ' April 1 1 92 1 . , . , Iwm. 5s, April, 1931..,.,. Dom." 5 April. 1926. Dom. -Canada 6. 1037 .. . U.. K. 8 H ............ . Cook company. Bid: Ask. 99 0 96 96 72 74 H 93 3 24 87 29 . 33 ;7 97 86 87 j 88 89 83 86 85 " 85 - - . Liberty Boad Kates (Furnished by Overbeck V Cooke Co.) i Open High : Low ' Close Liberty, 3 ..... Liberty 1 t 4. . Liberty, 2d 4s. . . . 9096 9098 9090 9012 8570 8490 8800 8494 8914 8520 95HO 9586 8500 8576 8500 8614 8536 8920 8554 9590 9588 8484 8576 -8484 8K92 8518 95MO 9580 Liberty, Liberty,. Liberty, Liberty. Victory, Victory, 1st 4. 2d 4s.. 3d 4s. . 8484 8900 8518 4th 4 4..., 9586 3e. 9582 Money and Exchange New Tork. July 21. (L N. 8.) Catl monev on the floor of the New Tork Stock Exchange today ruled t 8 per cent; high 8 per cent; low. 8 Der cent. Tim. ntnn.v .,. firm T t u - 8 H 0 9 per cent. ' The market for prime mrr canuie paper was steady.. Call money ia London today - waa 4 per cent. Sterling -exchange was eaay witn business ia tankers bills at $3.82 for demand. LAMBS ARE OFF : IN LOCAL YARDS " ' --. - ., kBsaassssKaawaBasawaxaataaaw , PORTLAND LITE STOCK RUN ... I'."' Hogs. Wednesday - 9H Week ago....... 8HO Two weeka ago.... 156 Four weeka ago. . . 262 ' Tear go ...... : Two years ago. . . . 400 Three years ago. . 844 i Four years ago.... 188 Cattle. Calves. Sheep. 76 2247 6 .. 282 V: 828 77 100 68 . 86 2063 , 287 - 6 OS 160 27 2 - 8 8 9 Fifteen loads of livestock entered the Ndrth Portland alleys for Wednesday, but most of these went into the mutton alleys. Hogs were steady and sustained prices, were shown for cattle, but depres sion was indicated in lambs. . While no change waa mad ia the price of best lamb because some- ML Adam stock -w old at a late hour Tuesday at full figure, still esrly Wednesday morning tha trad all through this division indicated weakness . Taller lamb were 50 0 75c below previous values, and whil yearlings, wether and ewe showed no change, th market w not at all aatlsfactory at th trt. The liberal run cava th market entirely into tha bands of buyer. General sheep and lamb range: "'...'.'. East of mountain lambs. ...... $11.00 0 11. 60 Valley lambs : .. . ............ 9.25 W 10.25 Cull lambs .j. i. ....... 7-2-2 Tearlinga ;....,.... . 6.600 8.00 Wether . i ......... . 6.00 0 7.00 Ewe 2.60 0 6.25 Nomlnai Run ef wine . . - Only a small ran of bogs waa shown in th North Portland alleys for , Wednesday. Total supply Included but 98 bead. Demand wa considered steady and former price prevailed. In th eastern market tbe trade waa again er ratic, with a tower price generally noted. v General hoc market ranger" - ' - Prime mixed $17.00 017.80 Medium avxed 18.600 17.00 Rough heariea 10.00 a 1S.00 pig.... !H2f!5S2 Smooth beavia 13.00 015.50 Oattl Demand About Steady In the cattle alley the Wednesday trade at North Portland wa auiet, but a tedy ton wa generally alow, BaceipU is thi division war but 76 head. : i ' General cattle range: - ' - Choice grass steer ..,.. $10.500 10.90 Good to choic steers ........ 10.00 0 10.60 Medium to good steer. ..... . 9.00010.00 Fir to cood steer ,. 8-2 J-0 Common to fir steerr ........ ;7.OO0 8.25 Choice cows sad heifers 8.00 0 8.60 Best feeder ................ 7.60 0 HMO Fair to good i . -. 6.000 7.60 Good to choic cow and baiters 7.00 0 8.00 Medium to good cows snd beifers . 6.00 0 7.00 Fair to medium cow and heifer . 5.00 0 6.00 Canner . 8.00 0 4.75 BulH. ..V.. ...v.... 8.75 0 4.75 Choic dairy calva . 18.000 15.00 Heavy calve ................ 7.0009.00 Best light calve 11.60 0 18.00 Medium calves ...... ... 8.00 0 11.09 - Tuesday Afternoon Sal ..' "'. ,' COWS '. - ' No.- Av. lb. Price t No. - Av. tbs. Price 1.... 980 $ 8.50 1 l.j.. 875 $ 6.6a CALVS .1.... 120 $15.00 . 1.... 170 $15.00 HOGS " 7. 14. 14. 1. 7. o 5i 3. 5. 2. 1. 6. 200 $17.50 1.... 350 $15.50 147 17.25 12.... 196 , 17.2b 205. 17.00 2.... 415 14.00 820 14.00 2.... 180 17.50 138 15.50 3.... 90 14.50 250 17.25 1.... 160 17.23 170 17.25 1.... 130 15.78 100 17.25 28... 191 17.60 820 18 50 ' 4.... 155 14.50 280. 15.50 11.'... 196 17.23 180 17.50 40. . . . 112 13.85 113 14.50 5..-.J178 10O0 230 17.00 13v. 275 -16,7$ 10.... 2l2r 17 50 '.. 1 ....... 4SO ;. . 8 201 17.00 9.... 173 16.00 1. 1... 40 15.00 2..1. 160 16.00 13 198 17 00 . 2.... 227 .17.00 12 203 17.00 1.... 420 16.00 UattBS , 78 $ 9.00 I 41 86 79 9.00 1 7.... 87 72 V8.00 1 1.... 90 .72 ' 11.50 j 89,... 8 s. J" i-T; EWES 100 $ 8.00 J , 1..... 100 128: 5.25 1 8.... .113 223. 26. 93. 177. 29. 11. $ 7.50 10.60 11V50 - 11.60 $ S.OO 4.50 1?8 6.00 . . l WETHERS .. -140! $ .7.50 ' MIXED 134 $ 6.00 63.... 94 $5.75 : Wdnday (Morning Sal COWS No. 1 . 6. 9. 3. 3. 10. , 6. 22. 2i 16. J7. .1. 61. 34. 128. 26. 48. 1. 26. Ave. ...1 .lb. Price, No. Ave. lb. . . 980 .. 950 Price. $ 7.00 6.00 060 $ 9.00 860 . ' 8.00 1. 4 5 6.50 I HOGS 193 $17.59 4..'... 190 150 310 172 245 206 284 116 238 $17.23 17.00 15.00 17.50 - IT. 60 17.23 . 15.00 ,16.66 17.25 168 i. 17.0O . 4..'. . . 1-. ... 16..... 8.... 12.., . 4 5.... 138 r 188 114- -84 5 180 . 228 V 220 1 118 ' 74 17.25 17.60 14.75 15.50 17.00 17.00 17.25 9.... IJtMBS 9.75 6 80 10.00 8.75" l 9.75 EWES 107 $ 6.00 j 1.. 100 $ 3.59 v YEARLINGS 6.?5 63 - i BUCK SHEEP 190 $ 4.00 . STEERS 075 $10.00 . 30.. ,1095 $ 9.00 AMERICA LITE8TOCK PRICES Omaha Hog $18.88 Omaha. July '21. L N. S. Hog Re ceipts 15.000, generally 25c lower: bulk $14.18 015.25; top $15.85. Cattle receipt 3500: -market, killing classes steady; ctocker and feeders steady. 25c lower; best beeves $16.80. Sheep Receipts 20.000: Iambi slow, 25e lower. Sheep : end feeder steady, best lamb $15.00. : ' 1 Chicago Hog S16.6S Chicago. July 21. L N. 8.) Hog Re ceipt 1 8.O00 ; mostly 10 018c lower. Bulk $14.30016.50; top. $16.65; heavyweight, $14.75016.25; medium weight. $15,650 16.60; light weight. $15.25 016.60: light light. $14.50016.00; heavy packing sow, smooth, $14.00014.75: packing now, rough. $13.25014.00: pigs. $13.0ai5.00. -. Cattle Receipta 9000 ; bandy , weight steers steady; others dull: calves 60c higher; atocker strong, beef steers medium and heavy. Beef steers,. medium and heavyweight, 818.10 617.00; choice and prime, $16.10 017.00; medium and good. $13.00 016.10; good and choice. $14.85 016.75; common and medium. $10.00 014.86; butcher cattle, heifers, $6.50014.90; cows, $6.50012.75;; bulls, $6.25012.25; canner and cutters, cows and heifers, $4.60 0 6.50; can ner steers, $4.7507.50; veay calves (light and handyweightl. $13.00 016.00; feeder steer. $6.251L00;; stacker cow ssnd beifers, $5.50 0 8.75. - ..'.- : Sheep Receipt " 16,000. Market uneven, mostly steady to lower. Lamb 484 lbs. down I i $13 00016.00: Ismbs, cull and common. $7.50 013.00; yearling wether. $10.00 014.00; ewes, $6.25 (9.00.- Donvee Hog $18.80 ' ' Denver, Cola., July 21. iV. P.) Cattle Receipt'' 700, alow, lower. : Steer $10700 0 13.00; cows land heifers. $7.50 010.25; stock era and feeder. $7.0009.00; calves, $7,000 11.00. - - Hogs Receipt 800; steady; top $16.00; bulk. $14.73015.50. Sheep Receipt none. Kansas City Hog $16.80 Kansas City. July 21.- Cattle Receipt RrtOO: stxsdv to stmng. Steers. 9 0 16.35: cow.. 8.00 0 1 1.25; stacker - and feeders. $6,000 13. 00; calve. $9.00 014.00. . Hog Receipt 6000; steady to 10c higher. Ftulk. 15.601.00: top, 16.50; beaviea. lS.oO 16. OO; light. 1575 0 16.00; mediums. 15.75 016.50.- . - Sheep Receipt 3600; steady to 25c lower. Lambs. 14.00 014.50. . SsatUe Hoes 817.88' Seattle. July 21. (I. N. S Hoy . Re ceipt 195. firm. Prime lights $17,250 17.85, medinm to choice $16.25 0 17.25. rough 1-eavie $14.50015.50, pig $12.60013.50. . Cattle- Receipta 75.: stronger. - Best steer $11.00 011.50. medium to choice $9.5O0 10.50, common - to goad $7.00 0 8.60, best crw and hei'era $8.50 0 9.00, medinm to choice $7.60 0 8.50, common to cood $6,50 0 G.50, bulls $5.50 0 6 50. calve $7.00014.00. , Sheep Receipts '828. stesdy.' Tearlinga $s.60 0 9.50, wether $7.00 0 8.00. ewe $6,00 0 7.O0. prime spring lambs $12.00012.50, coils $8.00010.00, valley lambs $11.00 011.80. ; . - .. , 1 r , - Minneapolis. DeJstk Plaw ' -' " Duluth. July 21. 4L N." 8. ) Flax Mar ket July, 338s: September, 346s; October, 348s; November, S4$Hs: December, 850s: track. 338 0 348s; arrive. 341. Minneapoiis--Flax No. 1, 336 0 340; " ar rive. 8360340. c ; w Tork Potato Market i i New Tork. July 21. (L N. 8.) Potatoes, in bulk, barrel or bar. market steady; nearby white, $6,00 0 8.50 i Southern. $1.50 0 8.60. AWARD MAY MEAN BIG BULL MARKET , By Braadaa Wall New York, July 31. Stocks rallied Tuesday on announcement of labor board -award. ; The street Iooka con fidently to the I. C. C. for new rates that will make-up this Increase. In wages and give the legal Income on railroad shares. . Lead ins bankers believe if the wag-e award ia accepted cheerfully and goes Into effect, it will mean the beginning of a big bull market. Railroad officials are of . the opinion that tha employes will accept the award of . the wage board with favor. .... There ' is : no short interest of im portance in the stock market because professionals had ' been working on- the long side up to little more than a week ago. In the reaction, that shook prices down materially for a week, the traders were unable to get short many of them unwilling because the market is on such a level that it seems Impossible for It to go in any direction except up ' Money renewed and- loaned at 8 per cent all day. It Is a money market now more than arnythlng else that is re straining trading in the street- -: At the very opening of the market there was a slight : drop but . averaged less than a point throughout the list. ; There is very cheerful talk about the street concerning the coppers and Amer ican Smelting In .particular. Copper sold today . for .November delivery at 19 cents a pound, the highest pride for more than eight months. a i . t 0. 0. House Report Showing a" Better : Tone for 2 Weeks New Tork. July 21. The : Credit Clearing House weekly report for the week ending June 16. of merchandising activities by wholesalers, shows a lit tle better tone than ' for. the past two weeks. ' : . . . Buying: In ; the Pacific Coast section is less than shown the previous week Or in - the corresponding week of the past- two years. - Indebtedness shows a marked drop from the previous week, but Is still higher than the same week of the past two years. - Payments are - better than the week before and the same week . last year, but are not so good as in the corre sponding week Of 1918. r 4 Portland Firms Apply for Right Of Incorporation Salem, Or., July 20. -The . Cooperative Coffee club of Portland filed articles of incorporation with the state corpora tion department ' here Monday. ' Mem bership In the club is fixed at $5. The incorporators are M. Vandermuellen, W. C. Tichenor, Gus Keramid and Peter Bugos. ... Other' corporations -. filing articles were : . Rohn Furnace works, Portland, $50, 000 : C. A. Rohn, W. D. Richards and A. C Allen. Pacific Northwest company, Portland, $20,00 ;0 A. H. Allen, TL R. Rankin and S. J. Graham. Perry Music company," Portland, $10, 000; William Perry, O, C. Bhlftdler and H. E. Perry. .. . Biff Tradlnff Over . So far In 1920 there have been 53 one-million-share . days and a single two million share session on the New Tork stock exchange, compared with 63 mil- Serai-annual . interest Remarksble ' investment, oppor-, tunity is offered by the 5-year secured, convertible ; gold notes of one of the greatest corpora tions in America, the V Sinclair Oil Co. "bated May 15, J920. ; Due v May 15, t925. Denomina tions 100, 500, 1000. Notes are convertible at '. the option of the holder i into ten shares of 8 pre ferred stock and two and - one-half shares - of - corn : mon stock of the com pany for each 1000 note. : 5-year 7i at 98 to yield 8 Cash or Partial Payment Plan Full details on request Wire orders "collect Seeoaro rVooO5MAiM64o , leOirrrfWESTERN BANK BL0G. c Stocks Bonds 1; If yea have a atoek or bond yon wish to ell list it with si; are can aell it if it ha a value. Before yon boy set quotation from ua, so yon won't pay too much for your stock. LIBERTY BOND BOUGHT AND SOLD. Herrin s Rhodes inc. v - ESTABLISHED ISM. a STOCKSano bonds.. Railway Exchange Bldg. MalafS$. . ' I Seattle, Portlaad, Taeoma ; Members Ckieago' Board ef Trade lion and two two-million-share days in the first half of 1919. Most of this big trading occurred before late April, when stocks were being liquidated In -the final stages of the long deflationary move ment. ; i . ; . (Furuiibed by Herrte Rhode, lac.) ' Referring to rule of committee on se curities of New York Stock Exchange dated J une 25 in .the matter of right to subscribe for New York shares Royal Dutch ordinary stock, the committee fur ther ruled that all transactions In Equit able Trust company certificates for Royal Dutch company stock so-called New York shares shall be exrites on July 21, right to subscribe' expires July 22. R. J. Reynolds Tobacco' company de clared 200 per cent common dividend on both classes of stock. Stock of par payable August 16 to holders of record August 3. . (Fumihed by Overbeck eV Cook Co.) New , York. . July 2L The early re ports show rain in the Carolines with predictions of showery weather con tinuing In the greater part of the east ern cotton belt section. ' Too much rain is reported in that district and this is serving to cau&e apprehension in some quarters over the outturn. - Aetna Explosives directors considering plans for' distribution of portion of company's surplus at. meeting' July 28.. Interstate Commerce commission gives Northwest priority In coal movement. -American Steel 4 Wire company's crop report says corn Is in excellent condi tion and making good ' headway with spring wheat continuing favorable. Complete figures of Mexican oil ship ments June' exports 10,574,395 barrels vs. record of 11,200.124 in May. New Cornelia June production, 3,664, 000 pounds, vs. 3,720,000 in May. Forelirn Exchange Market - Nw Tork. July 21. ( V. P. ) Foreign, ex chance vaa firm at the opening" today. Demand aterlinc opened at $8.83 off Ki franc check 12.21. off 1 cenUme: lira checks. 17,20, up 11; mark demand. ,02B8, cables .0258; Canadian dollar, demand ,8780. Foreign exchange closed eaay. "Demand atrrltng reaoted in the afternoon to 8.S2H, off 1 H ; Franc check were 12.37 at th cloae. off 17 centime; lire checks were 17.62, off 22; marks demand. -.0253; cables, .0233 and Canadian dollars, .8790. , $46,00$ Tax Exempt General Obligation CITY OF BUHL, IDAHO Water Bonds Yield Dated June I, 1919. Due serial!? 1931-39 Denomination $1000. Priced 100 yield B7o Principal and Semi-annual Interest payable at Buhl or in New York, Buhl !s i most .up-to-date city situated 14 mile$ from Twin . Falls, in the famed Twin Falls farming; area. It is in the heart of an Irri gated section of 95,000 acres, producing large crops of wheat, oats, barley, aialfa, sugar beets and potatoes. The feeding of hogs, cattle and sheep add materially to its wealth. The esti mated real valuation of Buhl is 3,000,000. Its bonded debt, including this issue, is 199,000; less water debt, 134,000; net debt, 65,000, I - Telephone or Telegraph Order$ at Our Expen$e rr. Morris Brothers im I Caarra. lOatMauoM DoLUsa l GJfiB 'Premter cMurucfpa $ondrHous0 . Morris Bldr, $88-11 Stark 8U Bet. Fifth and Sixth Telephone. Broad way Slit $100,000,000 That is the estimated lands which $125,000 6 General Obligation Bonds Yakima County, V ash. ... . '. r ". . These bonds, and the cjeneral obligation bonds of Lincoln; Adams and Whatcom counties, Wash., are of high character and each is priced to Yield 6 Net INCOME TAX EXEMPT Metarules l!l-$5. tiadtxr $nporbiov. Ortigom &LU Qrsajui Oeputauid. ' BONDS TRUSTS ACCEPTANCES Lumbermens Bldg. HALL Buy and Sell U. S. Government. Foreiffa Government Railroad, Public Utiliry, Industrial. Municipal BONDS Quotations Lewis Bldf Portland. Or. BOND MART SHOWS DISTINCTIVE GAIilS The ... municipal bond market has been unusually active and has shown distinct signs of improvement, ac cording to Freeman, Smith & Camp company, -bond dealers of Portland and San Francisco, who point to the sale of two municipal Issues In their entirety and substantial lots of 8, number -of other issues during the ' past few days. The rapidity with which Issues are now moving, show, declare company "officials, that the public is realizing that bonds are sell ing at the lowest prices known in the history of the United States, and are taking: advantage of this remark able conditon to realize a profit on their investments upon return to normal times. ? "Our own business, and reports from elsewhere," said Frank W. Camp of the local office, "show that the July Invest ment demand has materialized. The suc cess of the Swiss loan.the Armour loan and the- Interest in the Sinclair Consol idated note issue is concrete evidence of the attitude of investors towards new of ferings. The fact that the Swiss loan and the Belgian bonds previously floated are selling at substantial premiums over the Issue price indicate a betterment of market conditions. - ; "The most eminent eastern financial authorities state thatwe are now In a period of low security prices and that investment securities have never before sold at prices equaling today's or on such a high income basis wheri high grade municipal corporation bonds- are selling to net investors as much as 8V4 per cent. ! Corporations Articles of incorporation filed with the county clerk of Multnomah county .In clude the Condor Investment company, Portland, capitalized at ,25,000. and with Fred Gronnert, W. D. Burnett and Ches ter, A. Sheppard as Incorporators ; the Kansas Investment company, Portland, capitalised at $100,000, and with R. A. Coan, W. D. Burnett and D. W. Pindell as Incorporators. value of the productive are back of the Den. $!.$, $5M, 1100$. nnm, COMPANY Upon Request : - Telephone Broadway SSS triiuMi I fOllT 1 CiMvue jvS