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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 16, 1920)
MONDAY. AUGUST 16, 1820. 10 FOREIGNERS CONTINUE TO CHECK: PRICE OF ' WHEAT HERE '"-- LOCAL SECURITY IS OFFERED Edited by Will F. Ucsfcian THE OREGON DAILY JOURNAL, PORTLAND. OREGON CHEESE MARKET IS QUOTED STRONGER Cheese market continues j to gain In strength, but no change In prices was noted for the day. Tillamook advices are to the effect that advanced prices are being- considered there.1 That an advance In the price of cheese term within th nut ' day would not b at all surprising U indie ted by tb present temper of tlw trade. Demand for ebeeae ia now the beet of the aaaon to data and moat of the stock la coins Into frash consumption, while fev week ago tbe movement waa principally into tbe ice house. California continue to absorb Oregon eheeae , for cold storage and tlie total demand ia u"fl Meat to kaep tUe trade entirely cleaned up Of any aurplua. Easter market nave been boldinc fairly steady of late. : Those desiring rpecial information regarding any market ahould write the Market Editor Oregon Journal, enclosing lUmg far reply. B.CTTEtt JIABKET 7 ABOUT STEADY While the trade still believes that the recent ad ranee in tbe price of butur waa m mistake, eon OiUona showed no change for the day. Butter tat war la U11 on tod price are therefore erratic 00 MOVEMENT IS, 2TOT HEALTHY . Demand for fresh esc ia by no mean healthy at: this time and the balk of the consumption at the moment t in cold atorace atock. Ice doom apeculaUv inUreata are taking' their profit. HIDES GO TO A LOVVEB LEYEt rrice of calf ekina had declined again with a further drop of Be a pound to 22c for beat of fering. The entire trade i depressed. - Bora firm, have reduced Csacara bark to 814 o pound. -... i TIBST DALLES CANTS ! ARMVE I3T alarrln ec Co. had in first arrivals of DaUea cantaloupe Monday morninc ; The shipment eunoteted of Burrsll Gems which . sold around 8.60 at the start. California cant lower again with aiandard down to 11.75 for good stuff. , TOMATO MARKET DOrG BETTER Tomato price ruled rather firm at the opeu- - lug of the week'a trade. Good Dalles atoek wa selling at 11.00 generally but a few of the fancy pack went from 10o to; 29c above thia in a limited way.- - J ' BltlEF 3fOTE8 OF PRODUCE TRADE .lap style rtco down lo a pound 1 Veal market continue alow with lower hides. : llkleftT ! . Country killed hnm Just about holding. Grapefruit in atain offering. i Last of California pear arriving; next fro pi ' Xakima. . . Peaches hold firm hero with higher prices is south. . i . Chicken market ateady at unchanged value. WKATHER JTOTICE FOR SHIPPERS Weather bureau advise: Protect hJrJmsnt during the next 36 hour against the following maximum temperatures: Going north, 70 de . grens; northeast over the Spokane, Portland A Seattle railway. 02 degree; east U Baker. S3 tfecrrea, and aouth to Ashland, 08 degree. Maxi mum temperature at Portland, Tuesday, about MS degrees. WHOLESALE PRICES IN" PORTLAND These are Prices retailer pay wholesaler, ex. . . cept aa otherwise noted: ? Dairy PVodueU BUTTER geutng price, bog tola: Creamery . prime, parchment wrapped, 5 Bo lb. ! prime firsts, & - file lb. j firsts, Bflo lb.; smaller lota at aa ad vance. Jobbing prices: Cube extras. 64e; firsts, fitr. BUTTBRrAT Portland delivery bJuia, 2e; : country stations, 67 Hi t8c. I OL.KOMARGARINE Best brands.! 40c; ordi nary, 83 Htj bakers, 83c; nutmargarine. 1-lb. -s cartons, 82c pet lb. i i '-' ""v CHEEKE-i Helling price: TiUaraenk, fresh Oregon, isncy tTipleu, 32 (933c iver lb.; Toon America. 3l3So. Price to jobber. f. o. b. Tillamook: Triplets, SOe; Young America, 80c. ' 1 - ' Milling prieea: Cream brick 4042e. Selling price: Block Swia. 4Sv49e; lunbuigar; 40 0 42c per jb. KUCJS - Buying price: Cnrrent receipt, 47c; candled, selling price. 62c; select. 64e per dosen. LIVE rOULTRT Belling price: Heavy hen. 27c; licht bens. 15lc; heavy cpnnss, 29c; ' old roosters, 10c pes lb.; turkeys, bee, ( ); duck's. 25aS0c lb. '' Freirt Vegetables and Fruit ' FRESH FRUIT Oranges, 85.73 7.50 pet box; bananas, llai"c lb.; lemons, 84.500 ' Co AO per crate: grapefruit, $3.00; cantaloupe", ' raiifornia. Btandard 81.73. iwny 81.80. V flat 75c- Malaga grape. $4. OO per crate; seedier grapes," 13. 30; California pearhe. 31.78 & $2. 00 box; peach plums, $1.00 crate pear. 34.00 9 83.00. f '( ' APPI-ES New, 31.00ai.50. IH1E1 FRUIT Dates. Dromedaries. 87.80: Fardi. $4.00 per box; figa. $2.60 5.00 box. ".-'. ONIONS Belling price to retailers: New Walla WaUa. $1.601.76; garlic. 25e per lb.; -r green onions. 2S4f40o duoea i bunches; onion eels. 17 18c lb. . j ! , POTATOES Selling price; i Oregon, fancy, V J 8 He ' i ' . ' j BERRIES Strawberries. 33.73 per crate. VEGETABLES Turnips. $3.60 sck; carta- rots. $4.00 sack; beeU, 00c doeen bnnrhes; let tuce, 81.78 crate; cucumbers,'. 2560o box: ' tomatoes. 05r fe' $1.23 ; egg plant, lc pet pound; broccoli, 11: beil peppers, 17 He; celery, 11.75 dozen; string beans, 8 & 4o lb. -- MraU and Provisions '" OOTJNTRY MEATS Belling price: . Country hoc. 23 24c lb. for top blockers; heavy, 18c; teal, 2828Hc; heavy veal, lc lb. SMOKED MEATS Ham. 414.o per lb.; ; breakfast bacon. 83(5Sc; picuics, 25o per lb.; cottage rail, 3Jc per lb. , UAKD KetUe rendered, 26c lb.J standard, ' 23 He; tierce basis, cotcpousd, 21 Ho. ' FUh and aholirish 1 . , " FRESH FISH Salmon, fresh Chinook. 17 18c lb.: halibut, f resit, lb A 18c per lb.: stur- geon, ( ); black cod, 10 Alio lb.; kippered salmon, 2.0U per 10 lb. basket; kippered cod, $X35; rszor clams. ( ); crabs, $2.78 08-73 duaen; hug cod, tisRc lb. Qrocerie ' BCGAR Nomina. prieea. refinery basts: Cube, $22.10; fruit and berry, $21.23: D yei low. $20.85; granulated. $21.25; extra C, 320.80; golden C, $20.73.' . HONEY New. 7.00vJ7.B0 case. HICE Japan style. No. 1, ; 1 lc; New Or . leans bead. ( ) ; Blue Boae. 14 e per lb. SALT- Coarse, bait "round, 1 00s. 817. 25. per ton; 80. $18. 7; table dairy, 80s, $27.23; balea, 83.30 0 4.00; fancy table and dairy, ' 830.50; lump rock. $20.30 per ton. BEANS 8ales by Jobben. WmaR white, , 7 He lb ; large white. 7 4 c lb. : pink. 8 He lb.; limaa. 12Hc; bayou, like; reda. lOHe: Ore- gpn beans, buying prices, nominal.-5 He lb. . CANNED MILK Carnation, $6.50; Borden. $6.50; Aator, XU.40; Eagle. $12.35; Libby. ' $0.50- liouiit Vernon. $6.40 per case. ' - COFFEJ5 Koaated. 3448o in sack or .- drums. - - - SODA CRACKERS In bulk, 20c per lb. NLTS .Walnuts. 83 W 40c per lb.: almond. 3 8c; afUbeA. 32c in sack lot; peanut. 14 $ 15c; pecans, 25c; Brazils, 35c i ' Rope, Paints, Otis ROPE BlsaL dark, 18 He; white, 20a lb-: standard Manila, 26Hc LINSEED OIL Raw, bbls., 81.68 gal; kettle boiled, bbls., $1.71; raw, cases. $1.84; boiled, ease, $1.88 gallon. ; .t COAL OIL Pearl or water white in drum or iron barrel. 17 He gallon; case. 30o per gallon. , - tiASOLINE Iron barrels. 29($80o; easea, 41 He; engine distillate, iron barrels, ltte; eases, " ltUc ' . .- ... WHITE LEAD Ton lota, 15c; BOO Bab. . ISHo per lb. : . . ' TURPENTINE Tank. $2.28: cases. 82.41; JO case iota, 10 less. . . . - Hoe. Wool and Hidea ' ! HOPS Nominal, 1819 crop, 70o per pound. -aa maea tau weigntsi. lie: a-reen bide (all weights), 9e; green or salt calf ur- . oer it tiounasj , .zv w.-c; green or salt, kip 115 t to SO lba.) , 12 15c: salt bulls, c; creen bulls, . 7c; dry bides, 20e; dry salt bides. 15c; dry calx i ... (under 1 ins.), soc io. . . -. . i SALT HORSS HIDES (Large). 84 aeh salt horse hide (medium), $3 each salt hone hides (!maui, as earn. . : -. PELTS Dry fine long wool pelts. 15c; dry medium long wool pelts, 12c; dry. coarse long : ' , wool pelts. 10c lb. . SALT PELTS Salt long woo! pelta. $3.00 8.00 each; salt limb pelts, 60(8 75a each: salt - thearuogs, .23 9 60a each; salt dippers. 18 0 . - . 5c each. MOHAIR Long. 25es short, ISe lb. TALLOW AN1 GREASE No. 1. tallow. To; " "Mo. 2, fie. CASCARA BARK New peL 8He To.; old - neeU 10 per lb. -2fw York Sagrar and Coffee s -New Tork. Aub. 16 (IT; P.)' Coffee Ko. 7 Rio. 8H eiie; No. 4 Santos, 15 He Sugar Cnsettled. Raw, $13.04; refined, weak; granulated. $17.0U 22.60. , Chisago Potato Market - Chicago, Aug. 16. (LN. S.) Potato ' 60 cars Virginia, bbl. $5.3005.75; Jersey oobbltra, ewt. 83.25 98.45. s , MAIUCET BASKET Crab apples are now arriving; - In abundance. The season for supplies Is now in full swing- and within a few days the helgrht of production will likely be- reached. ? Consumers are advised , that the prtce of , crab apples today is at the bottom for the season, or within a mere fraction of It t ;, - Those that want crab apples for pre servinar should lose no time In retting their requirements, as the quality Is now at; its best and the price Is practlcaally the syne as during; normal seasons. One of the very peculiar, features of the crab apple market is that the gen eral public usually - puts off its pur chases so long that practically no sup plies are available. There are . several varieties of crab apples and consumers will save them selves much worry If they will tell the retailer what they propose to do with supplies. Then the proper variety can be secured from the wholesale trade. The following price are av-rag one eon lumera. are expected to par rated store. Qual ity quoted is average, fancy stuff being slightly higher and inferior stuff fractionally lower: Butter Best creamery, S4e6e, ' Tggs- Fresh, laid. SOe dozen; fancy fresh, 5fc per dosen. Poultry Chickens, dressed. 80&40e per To, FishSalmon. 25c per lb.; halibut, SOo lb. Flour Best local patent, $3.200 4 80 per aack, 49 lb. Potatoee Bnrbanka, 4 5e. Onions Dried, 8 H A 4c - Strawberries Oregon, 20o per box.. Raspberries) Local, 20o per box. Loganberries Fancy, 15c ' Blackberries 15c per box. One Crop of Wheat At Moscow Nearly Pays for Ranch Moscow, Idaho, Aug. 1. The first new wheat of tbe sesson to reach Moscow came lit Friday from the farm of W. C. Bleamaster. Just east of town. It was delivered to the warehouse of the Vir'hite-Dulaney company, and tested 69 pounds to' the bushcL It waa Jenkins club and yielded 40 bushels per acre. It waa sold for 82.11 per bushel, being decked two per cent for smut. The crop will bring 884.40 per acre. 1 There are several Interesting facta connected with, thia sale. Mr. Bleamaster wa physical di rector and coach of the University of Idaho for several years. lie became interested in agricul ture . and bought a well improved farm of 60 acres half a anile- east of the city limits two years ago, paying 86000 or f 100 per acre. H waa refused $200 per acre and the wheat crop will lack but 813.40 per acre of paying for tbe larl upon which it waa grown. t Mr. Bleamaster resigned his position with the university last spring and has since been devoting his entire time and attention to hia farming oper ation. He mitka a number of cows and sella the emam In Moscow and ia making good profits from this. , He finds farming much more profitable than coaching football and track teams and says be get plenty of "physical culture" in his farm ing operations. He value hia land at 8250 tier acre, an advance of 150 per cent ever the price paid two years ago and the crops produced have yielded a nic profit 1 He has a fine yield of peaa and other grain on his farm in addition- to the wheat just threshed. Wheat Price Is ! Off at the Opening ! Of Chicago Trade i Chicago, Aug. 16. L N. 8.) Value for the entire grain list averaged lower throughout the session. ; Pressure on wheat due to salt by leoala and receiving houses forceed wheat futures lower at the start. ' December wheat closed 1 a tr 2 He lower and March 8 H e to. 8 He off. September corn waa So to 8 H e lower, December declined 1 He to 1 H e and May dropped 1 He ll edging sale in oata against purchases of cash in tbe country, together with late liquidation of holders or long oats, caused a sharp break in that future and prices at tbe finish were 2a lower for September, le to lHe for December and lHc off for Msy. The only noticeable buying was done by holders of "bids" who were forced to protect themselves. . : Trade in provision was dull and narrow in asmpathy with corn and oats. ; Chicago, Ang. 16. - (I. N. S.) With cora sniseion honses oi both sides and locals mixed in all transactions corn started slowly today H e lower for September and H s higher for Decem ber 1 ' t Wheat orjened 1 2e lower for December and lilUo off for March with scattered com mission house buying on the decline. : Oata were Ho lower for September and un changed to He higher for December with a light trade and an Indifferent demand, i Provisions opened firm with a littlb spattered buying inspired by an advance in hoga, Offer ing were light. , Chicago rang of prices aa furnished by' the 1. 111 we u arress. j . - . WHEAT ' j : Open. High. Low. Close. ee 287 239 H 233 H 286 H March 241 241 233 H 238 ! , CORN Sept ..... 148 H 149 143H 145 Dec. 124H 125H 122 H 123 H I'. OATS Bept . .... 70. 704 68 t 6fi- Dee. , 69 70 68 H 68 H PORK Sept, 2500 2510 2495 2300 Vet. ..... 2575 2585 2675 2575 H . , LARD Sept. .... "15 1890 1875 1885 Pct- , 1935 1935 1910 1920 I i ,'.... I : RIBS Sept. ..... 1587 1537 1820 1520. OeU 1570 1380 1370 1670 1 BARLEY September ... 109 1074 104 1034 : Cash Wheat No. 1 red. $2.53H2.55; o. 3 red. $2.83 H 0 2.34 H : No. 1 hard. 82.52 02.53: No. S hard, $2.53 H 0 3.65H. 'j AMERICA!? LIVESTOCK PRICES i ' Chicago Hog fi I Chicago, Aug. 16. (L N. S.) Hogs Re ceipts 32,000; ateady to 1 f)c higher. Bulk, $14.401S. 85; top. 10.OO: neavy weight, $14.73 015.75: medium weight, $15,25 0 13.90; lightweight. $15.40 015.90; light lights. $15.00015.75; heavy packing aowa, smooth, $14.25 014.60: packing sow, rough. (13.75 0 14.25: pigs, 314.00015.25. ' Cattle Receipts 22.000; steady to 25e lower. Beef steers, t medium and heavyweight, $16.25 (417.50; medium and good. $12.60 016.25; lightweight, $14.75017.25; common and me dium. $9.00 014.60; butcher catie, heifers. $6.00015.00; cows, $5.00 0 12.60; bulls, $6.00 011.73;- canners and cutters, cows and heifers, 84.9006.25; canner steers; $4.50 0 7.00; veal ealvea. light and handy weight. XI 4 00 015.00; feeder steers, $7.60 013.25; stacker steers, s.50 010.76; atocker cows and heifers, $5.00 0 8.00. i . heep Receipts a.OOO; - ateady to 25e lower. Lambs, 84 lb, datu, $19.75 013.25: culls and common, $7.00 10.75 : yearling wethers, $8.00 010.90: eW $6.00 0 7.60; cuiu ana common, C2. SO (90.au; oreemng ewes, $8iOO011.oo; feeder lamb. $10.75 012.50. i L' - J Denver Hoos 81 Denver. Aug. 16. (U. P. J Cattle Bs, Pts. 3C00; steady, 25 lower. Steers, $8.50 012.T5; cows and beifera, 36.00 0 8.50; stock- , . , leeaers. o.OO0 8.5-; calrea, ga.OOW il.MO. . ..PT1 11.000 : 25e tower. Lamb. tJlVl $5.50 0 6-00 feeder VP.WV twy lU.jj), - . J - ' ' Omshs Hon 8)1 BJM Oman. Aug. 16. it rtrm T?- eaipt. 6000; opening 10 0 150 higher to shippers mom grauea. Best sales early, 815.25. ; tiattle Receipt. 10.000. 1 Sheep Receipts. 36,000 ' . '"' . I' J .'. - . SeotUa Hoc SISS -. ?ltUwra;&- N. S. ) Hogs Re ceipts 60O; - tower. Prime lights, $17.73 0 18.26: roach, hearies $165 016.25; medium -75lJ-?;pig. 813.50016.00, iftmT?'i,Pta- 87: Prnne steer. $10.000 10.50; oomraon to good.' 86.60 0 7.50: medium to choice, $5.25 0 6.25 ; bulb, $5,00 0 6-: medium to ehofco, $8.50 0 9.50; beat eows ,w ,w v 1.03 - common to good. $4.25 0 5.26; calve. $7.00 liToO. eoieep Kecerpta, none; steady. - Yearltae. $9.0009.50; wethers,- $5.50 0 6.00; eastern waj auuuat . v7$v.iVkn.'lU.OU. . :, ( ., - a , j. r' : . ' tL. New York Potato Market Zvf?' i1- N. 8- Potatoea iln bulk, barrel or bag) Market weak. 1400 te 2-6045i onthema, il.0y WHEAT-DEPRESSED IN WORLD'S! TRADE HOW. WHEAT STOOD ! ! I Bid. Loa. ...,...1.1. tJ8 Z .....J.J.j. JT le tJH ( Hard winter Soft white White elab .... Hard winter ... Aortbera apiiDf; Red Walla .... NORTHWEST GRAIN RECEIPTS Wnrtls tiA MnndlV 117 Tear ago. ...... 69 Season to date.. 1973 Wheat. Barley; Fir. V - 1 csi atu .,. Taeoma, Sat'day. Year ago. ...... Season to date - - Tear ago Seattle, Sat'day.. Tsar ago Season to date . . Tear ago. ..... 824 14 18 807 803 A 2 180 101 4 16 72 It 29 2 1 82 S3 7 - 4 100 117 129 : i , 68 Oats. Hay. 1 24 5 89 10 168 10O 246 ., 8 . ; .. 13 ?80 112 14 5 269 ft 1 68 104 Depression was general In the wheat trade at tha week's opening; in all lead ing: markets. Reason for tshei decline was attributed to the fact that foreigners have not stayed in the market longer than sufficient time to test values. There 1 no usa donying the fact that the British buying commission is going to have 6 big influence upon the price, of wheat for export thia season. Notwithstanding ' the apparent shortage ot wheat . in tha; big Euro pean market,, the high 1 price ia ex pecteed to keep the demand within narrow limit especially aa prevailing valtte are already so high that the grasn is extremely high priced when it crosses the AUanoc. ( 1 While deliveries of new crop wheat in the Pacific Northwest are very limited aa yet farm ers are offering supplies on contract rather free ly, but the trade is not disposed to bid up until it sees what it is getting. - Coarse grains and hay eontirrua quiet FLOUR Selling prices, milt door: Patent, $12.05; Montana spring wheat, $18.25; Wil lamette valley brands, $1,1.20; Iocs! straight, 810.80: bakers' local. $12.95 0 13.23 ; graham. 310.80; whole wheat, $11.05, Prro for city deliveries 15c extra; suburban.! 20oxtra. HAY Buying prices, nominal:: : Willamette timothy, fancy, $28.00028.00 per too; vetch. $22.00; cheat, $20.00: -straw; $10.0O; clover, $22.00: grain, ( ); alfalfa, $24.00 ton. GRAIN SACKS-r-NomlnaL ) New crop deliv ery: No. 1 Calcutta. 15 016c; domestic. 16 H 17c in car lots' less amount higher. MILLSTKFS Mill run at mill, sacked, 859.00 0 60.00. : i I 1 OATS Per ton. buying price: Feed, 348.00 052.00. '..' ! 1 ; . ( BARLKT Buying price: ;Fed. ! $46.00 9 51.00: raflling. $47.50 52.00; rolled barUy. selling price. $57.00 0 68.00.' I 1 SEED Buying price: Bed iclover, rec leaned. 360 per lb. ; j Merchant Exchange bids: i . WHEAT Sept. 228 228 227 ; I 227 . 228 . j 226 ' ! FEED OATS Aug. I Hard White .. Soft wiht ... White club . . Hard " winter Northern spring Red Walla SI Oct 228 238 227 227 228 '226 Not, 228 228 227 227 228 226 No. 8 whit Gray No. 8 blue . Feed , .. 4700 BARLEY , .. 4700 ... 4650 CORN ' - Bept i 4900 4700 I 4730 I 4600 Oct 4900 4700 4700 4560 no. 9 yellow J.... 6350 .) 6350 Assiem corn In bulk: ! - Com 6350 i 6300 AU grain bids tack basis except com. DAIRY PRODUCTS OF" THE COAST San Frenotsee Market 1 San Frarir,co.-Aug. 16. (U. P.J Butter r.xtrae, 6I0. . i. -Eggs Extras. 58c; dirties, No. I 1. 51Ue; extra pullets. 50e: undersized rmllets; 88c Cheese California flats, fancy, i 32c. : . Seattle Mark 1 ... Seattle, Ang. 16. (U. Pi) Butter City creamery, cubes, 58e; bricks, 6 9o. -I . Kggs-T-Freah ranch, 58c: pulleta, 47c. Los Anaolos Market. I i Lo Angelea, Aug. Xi ( L N. 6.) Butter, 63c per lb. . . . ... Kgg Fresh, extras, 55c; ease count 51c: pulleta. 47c; peewees. 31e. i 1 Poultry Unchanged. - I ' I POTATOES ALONG THE COAST Seattle Market I Seattle. Ang. 16. U. P. Potatoee Eastern Washington netted gems, per lb., 3c: locdk 2 H 0 3c. i 1 -; San Francisco Market : I San Francisco, Aug. 16. MU. P.) Pota toes New. 6H 08c: old. lOeJ . , Onions Yellow. $1.75 0 2.00. j Field l'eaa 5c. 1 Los Angela Market Los Anceles, Aug. 16 (I. N. S.) -Potatoes Local Esrly and White Ueee, fancy. No. 1. mostly $1.2501.50; No. 1. 5O075e a lug; aacked. No. 1, $2.50 0 2.75;- (Stockton. $3.00 0 3.60. i Claim Apple Gain Spokane, Wash.,' Aug. 1 6. Annojineing es timstes of the 1920 crop today, leading apple producers and shippers of Spokane county pre dicted considerable increase ia !th tonnage thia year over 1919. : ( - 1 Th Arcadia - orchards . district near Dear Park win produce a crop of 800,000 boxes, or about 500 cars, according to an estimate made by the Arcadia, Orchards company. Tbe or chards comprise more than 4000 acres. The Palouse corporation, owning and oper ating 1700 acre of apple orchards in the Fair field, Waverly and . Meadow Lake aections, ia expecting a crop of 200,000 boxes, or about 330 cars. I - i . The Spokane Valley Grower' union of Op portunity, which ahipped 265 ear last year, ia planning on 400 cars- thia season. Dried rmit and Beans New York, Aug. 16. (L N. 8- Beau Market steady. Marrow, . choice, 811.60 of fered; pea. choice. $7.75 offered; red kidney, choice. $18.00 offered. j Dried Fruits Market duTL ! Apricot, extra choice to fancy. 26 037c; apples, evaporated, prime to fancy. 11 018 He; prunes, 80a to 60s, 17 H 0 26c; prunes, 60s to 100a, ; 11 H 0 16 He; peaches, extra choice, to fancy, 19 H 0 21 He; aeeded rautna, choice ts fancy, 23 H 0 25c. - i 1 Chlcaro Dairy Prodvee Chicago, Aug. 16. (1. N. B.) Batter Re ceipt 11,198 tub: creamery extra, 64c; pack ing stocks, 83 040 He. i ! Eggs Receipts 7876 cases; ' miscellaneous, 43 0 45c; ordinary firsts, 40 0 42s;; firsts, 45 46Hc: checks, 83 0 84c; dirtiee, 87 0 38c Cheese Twins, new. 24 0 24 He; daisies, 24 H 0 25c; Young Americas, 25 H 0 26c; long born. 25 H 0 26e; brick, 22 H 0 23c Live Poultry Turkey, 46c; chickens, 29 0 84c; roosters, 88c; springs, 24e; geese, 22 0 25c; ducks, 82c . - , j 3fw York Butler aaa JEnrs New York. Aug. 16. (L -Nl S.) Butter Market ateady. Creamery extras, 65 0574 e; creamery firsts, 610 56c; creamery higher scor ing 65 H 0 69 He; state dairy' tubs, 45 55c Cheese Market quiet. Whole enilk specials, 27H028Hc; whole mirk; fancy, 25 H 0 28 He: whole milk, fancy Young; America, 28 H 0 29e; stat skims, specials,! 16H017Hc; skims choice, 15 016c; skims, i choioo to good, 12 014 He - . ! ' i ! Eggs Market firm.' Nearby white.' fancy, 69 0 71c; nearby brown fancy, 60 i& 65c; extra, 57 0 68c; first. 49 0 58c 1 Money and xVxcTtaBtre ; -New York, Aug. 16. (Li N.id.) Call money on the floor of the New York Stock Exchange today ruled at 7 per cent, high T per cent, low 7 per cent- Time money was "rsn- Rates were: 60 days. 8H 0 9 per cent The. market tor prim mercantile paper wa steady, ..... s ' Sterling exchange waa ateady with business ia banker' bill at 83.834 for demand. , . " 1 ' i j ',. Lirerpoov ' Cottoa t Easier ; TJverpool, Aug. 16. (L N. 8.) Spot opened quiet; prices easier. Sales, 500O-hales. Amn.. raid, fair, 82.08: good mids., 29.38; fnll mkls. 28.08 H mods, 26.83; low mid., 23.03. Future, quiet. .. . ., s !..-..., y 1 .. -. s- in - Tftw York Wool and Hides New York, Aug.' 16. (L.N. a) Wool afarket weak and nominal, r Domesiin fleM XX Ohio, 36 0 37c; domestic, pulled scoured basis, 4IKffsl.li. .'j : j,t .... " : i s.n Vraneiseo Grain; Market ; San Francisco, Aug. IB. (TJ. P.) Barley . , 1 o 9 n f. A 1. , . spot leea, ist t.vqi.iv, siupping, $2.50 02.60. ; . . . , .-- ,, a 1 i; ? , . ... i., .. Saa Fraselace Poultry Market San Francisco, Aug. 16. (U. F. Broilers, 88040c; large hens, 36 0 3 lie; best ducks, 83028c - DEPRESSED TONE FOLLOWS RALLIES ; New wet, Aug. (I. . ) The stock market closed steady today. Steel fall from 7ft to set's, while Baldwin yielded over -1 point t 104 VW 1 -i Cfueible, after rnevlne up nearly S point to 486H. rtaeted eeain to 184H. fteyel Duteh held around ru high level of 79 V. Mexican Petrwleurr). an moving up AVi 17s. dropped to 18SH- 6tueer, after recover ing from 1 y to 8, fejl to 62. while Chandler eropped nearly to S3. Oovernment bonds, unchanged; railway and ether bonds, steady. ....... Saley ASS.S00 shares; ben, T,SS1.e0O. New York, Aug. 16. (I. N. i a) The stock market was subjected to pressure again at the opening of business today, with offerings of nearly all the leading stocks at substantial concessions, but this supply was aborbed and before many minutes passed, a firmer ; tone de veloped. iU. S. Steel opened flown y at 864 with a slight rally and Baldwin, which, opened at a loss of 1 point at 104 M.t quickly moved up to 105. ' Atlantic, Julf A West Indies dropped 4 points to 133 and then rallied to 184 H. U. S. Rubber sold on 14 to 84 w. Pan-Ameriran Petroleum yielded 1H to 814 and then rallied to B2H. Texas Company old down to tilt bat rallied to 45 H. ' After the rally following th opening decline the stock market became active to A pronounced degree . , - 1 - U. S. Steel after rallying to si aoia on to 86 H. Baldwin Locomotive which rallied from 104 H to 105 H. sagged to 104 H. Invincible at tracted attention by dropping 1 to 33 H 03 few transections. Texaa company was ex- eeptionally strong, moving up over 1 point to 48. Mexican Petroleum after, it rally to 1574 reacted to 155 H, ' fierce Arrow developed weakness, 1 suing over 1 point to 874.. i IStMialiMl k rwrfww-k A Pooke , nnmnanv. Board of Trade building. - : DESCRIPTION r- Open Illgn Low Close Alaska Gold I lit 1 H j 1 H TH Allia Chalmers ... 80 H 30 80 30 H AUoy Steel 40 40 40 39 H Am. Agr. Chem... 78 78 76 76 H Am. Beet 8ugar 77 Am. Can, c 34 84 S3 H 33 H Am. Car Fdy 135 M 183 H 133 133 H Am. Cottoa Oil... 24f 25H 24 25 H Am. Hide A Lea., c 18 H 14 H 18 H 14 Am. Intl. Corp... 72 73 H 71 H 72 Am. Linseed, c. .. . 074 164 67 67 Am. Ivocomotive, c. 04 H 05 94 H 94 Am. Ship at Com. . 20 0 20 20 Am. Smelter, e... 54 64 34 54 Am Steel Fdy.... 85 85 H 33 35 Am. Sugar, c 114 114 114 114 . Am. TeL A Tel ... 98 , 96 H 95 95 Am. Tobacco ..... 110 Am. Woolen, c... 78 77 73 76 Am. Zinc 12 12 l! 12 Anaconda Mining . 51 51 60 50 Atchison, o. ' . 80 81 80 80 At.. Gulf as W. I. 188 185 183 135 Baldwin. Loco., c. 104 105 104 104 BsX A Ohio. a... 54 35 84 -34 H Brook. Rap. Transit. 10 10 10 10 Butte and Superior. 19 19 19 i 19 Canadian Pacific... 117 119 117 118 Ceo. Leather, e. . . 52 54 52 53 Che, lc Ohio...,. 56 66 bit 55 Chgo. Gt. West,, c 8 Chgo., Milw. A 3. P. . . j . ' 33 Chgo. A N. W... 70 70 C9 69 Chile Copper 13 14 13 13 Vi Chino Copper 25 26 25 25 Colo. Fuel A Iron. 31 ConsoL Gaa 78 Corn Products, c. 87 87 86 87 Crucible Steel, o. . 132 136 132 ; 134 I). A R. G-, o 4 4 4 4 Erie. e. 12 12 12 12 General Cigars 61 61 61 60 General Electric 140 General Motors ... 21 21 21 i 21 Goodrich Rubber . . 52 H 53 52 j 62 Granby Cons. .... 32 82 81 32 Great Nor. Ore ... 31 81 8-1 H 31 Great Nor. 'By.... 73 73 73 1 78 Greene Cananea . , . . . 24 Gulf States SteeL 49 Illinois Central. . . . . . . . 82 Industrial Alcohol.. 81H 82 81 81 Inspiration Copper. 46 46 45 45H InU Paper ... 77 77 76 76 Int. Harvester 121 Int. Mer. Mar., c. 24 H 24 H 23 28 Int. Nickel 19 18 19 10 Kas. City So., c 17 Kennerott Copper.. 23 24 23 28 Iju:kawann SteeL. ................ 66 Laskey Players. 70 Lehigh valley : . . 44 Middis BUtea Oil... 12 12 12 12 Ilex. Petroleum. ... 156 157 154 155 Miami Copper ..... 18 Widrale Steel 39 39 39 39 Missouri Pat, c. . . 25 25 24 24 Natt. Enamel ..... 56 Natl. Lead 72 Nevada Cons. 10 10 10 10 New Haven 33 33 82 ' 32 N. Y. Air Brake 91 N. Y. Central 71 71 71- 70 N rt-folk A W . . 0 00. 90 89 Northern Pae 73 74 73 73 H Okla. Ref. A Prod-. 3 3 3 8 Pure Oil 38 38 H 38 38 Pan. Am. Pete., a. 81 82 81 81 Tenn, Uy 40 40 40 40 Peoples Gas 28 28 28 28' Pierce. Oil 12 12 12 12 Pittsburg Coal. c. . 58 58 H 68 57 Pressed Steel Car. c 95 Ray Cons. Copper 14 Ry. Steel Springs... 92 92 92 92 Reading, e - 87 88 87 -e7 Royal Dutch 76 79 76 70 Republic L A S., c. 81 82 81 81 H Rock Island, c. . . . 83 83 33 33 Sinclair Cons. 26 26 26 26 Southern Pacific... . 91 91 91 91 Southern By., e... 26 27 24 26 Studebaker, c.,1.. 62 63 62 61 Shell l.. 48 49 48 48 St. L. A S. F... 24 24 24 24 Tenn. Copper. 9 Texaa Oil . 45 46 44 45 H Texas-Pacific ..... 33 34 33 33 Trans. Oil 1 10 10 10 10 Union Pacific, e... 117 118 117 117 U. S. Ruber, e, ... I 84 83 64 84 U. S. Sralt. A Ref. 50H V. 8. Steel...c f 8 87 86 86 Utah Copper 60 60 60 59 Vanadium Steel .. 67 68 HI 68 Virginia Chem., e 64 Wabash 7 Western Union 82 82 82 81 Westinghoose Elec. 46 47 46 46 HOGS OFE A HALF DOLLAR IN YARDS PORTLAND LIVESTOCK RON CAIvee. Sheep. 206 )99 Mnoday Week ago ...... Two weeka age , . Four weeks ago . . Year ago , Two yean ago . . Tbre year ago.. Four years ago. . . Hogs. 1258 889 656 850 1077 421 1687 848 Cattle. 1488 2690 2660 2881 2822 1102 2195 1188 690 2288 878 2674 .217 8883 283 687 82 13T0 123 1624 88 8632 Steers. $10.60 11.75 1S.2S 8. TO Lambs, 810.00 12.60 IB. 00 12.7.1 Run of livestock at North Portland Monday totaled 85 cars qompared with 133 a week ago, 137 two weeks ago, 118 four weeka ago and 101 pars a year ago. Hoga were lower, cattle firmer and high er while sheep continued ajbout un changed in the early trading. Tops at the start of the day compared with pre vious periods: Hog. Monday -...,.$17.50 Tear ago 30.30 Two year ago. ...... 20.00 T. ... 10 s Despite the smaller run of livestock: at norm Portland for the Monday morning - trad, there waa s liberal increase in the showing of swine. Market reflected weakness right from tha atart of th dsy'a activities and value were considered bout 50e lower than last week with extreme top at 317.60. General hog market rang: Prim, mixed J 122 J I2 Medium mixed ' JHS 2JT22 Rbugh heavy H"S2,SaX u.ioiii .. 18.50018.50 pi ,.; 12.60015.00 Cattle Showing BeUar Better showing wa indicated by th Monday morning cattle trad at North Portland. The run for th day waa heavily decreased freai th show ing of last Monday and this gave klllrs bop that v Hi ..rlrHn na ahnnt. over. Yaluea aboWed tmnnth from the start with early advances of 25c to 50c with extreme tops again at 10 a pound in the steer dlriaion. General cattle range: .. Cloioe grass steers $ J).R0ff 10.00 UnA to choir steers 8.60 ( 0.50 Medium to good steers 7.50 0 Fair to good steers .. " Common to fair steers 6.00 0 Choice eows and heifers - 7.25 0 Good to choice cowa and heifers. 6.25 0 Medium to' good oowa and heifer. , 5.23 0 Canntrs 2159 n,iii. 5.00 0 Choice dairy cattle 18 00 01"; $0 Heavy calves .7 02?.M2 r.est light calves 11.60 018.00 Rost feeders I 0o2 1 T-sir to good feeder steer. , 6.00 0 7.00 Tair to good 6.76 7.25 Sheep About 8tad While Iambs continued to show weakness and a slow tone at North Portland for the' week's opening, there Was a slow but steady tone indi cated for muttcn. No Change waa anown u thr price of lambs at the opening. General eneep and iamb nurtr: East of mountain lambs .......$ Valley lambs ................ Cull lsmbsv Yesrlings .;............. . Wethers Ewes Monday Momlnf Sales STEERS 8.50 7.50 T.00 T.B0 7.25 6.25 4.75 6 00 9.50 010.00 9.00 0 9.60 6.00 0 6.00 0 6.00 0 2.25 9 LIGHT AND POWER BONDS OFFERED Birth, Witter & Co. of . Portland, together With Lngley. & Co.. New York:, have) purchased $1,000,060 Pa cific Pojver Sc. Light company tint ,lien and general mortgage S per cent cold bonds dated August J, 1J Or and due August 1. 19 SO. These bonds will bo offered to the public alonday by a local syndicate at a price of 88. to, yield 814 per cent. V The bonds will be secured by a gen eral mortgage on all the property no owned or hereafter acquired by the com pany and in addition , will be secured by the deposit with the trustees of $1,000. 000 par value of first and refunding- S bonds of the company due 1930. The Pacific Power V Light company ia a local concern and is enaraged in the manuraetiir end liittr (button of . elec tricity in the states of Washington. -Oregon and Idaho,, throughout a territory largely devoted to' agriculture. The com pany also serves gas through' a part of this territory. Among the towns served are Walla Walla. Yakima and Vancou ver. Wash. : Astoria, The Dalle, Pen dleton and Hood River, Or.; Lewieton, Idaho. . ' These bonds are redeemable on four weeks' notloe at any time up to and in cluding October 1. 1925. at 10S and ac crued iaUerest, and 1 per annum less thereafter until maturity. - This long term bond, together with the attractive callable features will no doubt prove of great Interest to the Investing public of the Northwest Those offering the bonds locally are Biyth. Witter com pany, LAdd ft Tllton.' Liumbermene Trust company. Freeman, Smith 4 Camp and B- Li.pevereaux. T RAD FJS TRYING FOR HIGH PRICES By Broaden j Wall New Tork, Aug. is; Professional traders and banking interests have been working together the last few days ta an effort to secure a higher level of prices. The professionals want this higher level as a bast for future short sales, j The 4 bankers want stocks higher sd they may get beter prices for the lame ducks they are C8tfrrtnr--ari-ying in flocke. i Not in 20 years have-so many busi ness concerns been absolutely at the,, mercy of their bankers as now. This combined, effort hat succeeded to such an extent that the banking Interests will be able to sell out tkt a profit the stocks theyv took about a week ago to prevent what" was; rapidly developing into a panto, ! It is entirely possible that there-may be a further slump In the market, but there are stocks selling for lens than the value of their quick assets. One oil ntock sold the other day at lens than., the amount of money its offlcere say It Will earn for 1920, after paying taxes. There are several selling for only double their 1910. gross earnings. Xumerous ones can be bought for the price ot their war earnings, the properties they had before the war being thrown In for good measure. Thie - Is true of the industrials. 1 ' $65,000 8HORT-TER7 TTOTES n-int.MnM gHsf-nlatieA tie CLARK. KENDALL A CO.. INC. 7.00 7.00 6.50 8.00 No. Av. lbs. Price. No. A. lbs. Price. 5'. ,.,1098 8 8.30 2.... 800 $ 8.00 2 870 8.00 1..., 860 5.00 1 1130 8.75 1....1230 T.B0 27 1088 8.25 1....1280 0.60 21 1195 9.50 1.... 950 7.00 1....1120 8.50 2. ...1065 8.00 1 COWS 8.... 982 7.00 1.... 800 1 5.00 2.... 785 8.00 4 1020 8.00 3.... 828 5.50 ; 2.... 990 6.15 27 962 6.15 3 1118 6.25 26 894 6.65 21.... 674 5.50 1 ... . . 920 6.00 CALVES . 14 185 $14.50 8.... 156 $14.00 8.... 220 10.00 3 336 8.00 T. W...854 10.00 28.... 205 14.00 46.... 218 18.60 18.... 211 18.50 6 ... 208 8.00 I 4. . . . 802 8.00 BULLS , 2. ...1185 $ 5.75 t HOGS 10.... 203 $17.26 4.... 202 $17.25 1.... 890 15.00 2.... 400 14.00 215 15.50 78.... 198 17.50 87 221 15.60 5.... 220 15.50 29 172 19.60 12.'... 80 15.00 Marnritv - Maturity. Am. Coin Oil 6... 9, 2.1024 Am. T. es T. 6s... 10, 1,1922 Am. T. A T. 6s... 2, 1.1924 Am. Thread 6a 12, 1.1928 earn. Tdb. 7s 11. 1.4 820 Am. Tob. 7s...;. .11. 1.1921 Am. Ton. 7s... ...11. 1.1022 Am. Tob. 7a ......11, 1.1923 Anglo. Am. Oil 7H. 4, 1,1925 Armour Con v. 7S... i,ii,isu Belgian Gov. 7 S , . Belgian Gov. 6a . . . Belgian Gov. 6s.... Bethl'ra "Steel 7a. . . . Bethl'at Steel 7s British Got, British Gov, Canadian Car. 'a 5. Canadian Go, liil. .adahy Pack g 7a . . Inter. R. T. 7a ... Japanese Got. 4. . w aennsrou w s... 6. 1,1943 1. 1.1921 1. 1.1628 7, 15.1922 7.15.102$ 5...ll, 1.1921 5. ..11, 1.1822 8. 1.1921 1.1 t 05.19S8 9. 1.1921 7.10,1925 2. 1.1980 Ligg. Myers fob. 6a. 12, 1,192 MoUna Plow 7 a Molme Plow 7a ... . Molina Plow 7s. ... , Molina Plow 7s..., Molina Plow 7s ... . PN. P. Eop- Tr. 7. , Pae. Gaa Elec 7a..' Swift 6s . . 1,1920 1.1921 1,192 1.1928 1.1824 1,1922 1.1925 8.16.1921 U. 8. Rubber 7a... 11. 1,1823 Bid. 89 8 92 92 9f 99 99 09 98 84 97 89 90 98 7 96 90 07 89 97 60 70 91 197 99 98 97 -96 94 97 97 Askad. 90 4 9 lro 100 99 R 96 97 91 91 08 98 97 l 98 ee '71 92 91 100 5 89 98 . 97 100 T 97 98 $7,851,000. AUGUST COTTON OFF 199 POINTS AT THE OPEl-TJTO New Tork. As. 16. (L N. 8.) August cotton opened 100 points lower this morning and other positions started at a decline of 12 to 27 points. Unfavorable European news and heaviness in securities were , bearish influencing factors. Business waa not active and tradera appeared to be hesitating. ' New Orleans and other southern centers sold here and there waa a good deal of switching be tween months. Fluctuations after the start were irregular. . In the last hour the cotton market ruled vwj weak under heavy general aelling. The close was easy at a net decline ot 78 to 135 points, i Furnished by Overbecki A Cooke Co. of Trade building? i Month. ,.- Open. . High. January .... 2880 2885 February .... .... . . ; . March ...... 2837 2850 April . . i May ........ 2815. 2882 June :-.... 2775 2775 July ........ 2790 279 August ...... 3150 3150 85pteinl&g? " October ...., 8080 8080 - 2965 ! December .... 2970 '2985 2865 ' Low, 2803 2782 j 2775 2775 2750 8050 Board Close. 2803 2795 2782 2762 2750 2750 2720 3050 3023 2965 2867 New Tork spot market quiet, 3650; 100 down. Liberty Bond Sales i Furnished by Overbeck of Trade building: Open. Liberty. 3 Ha .... 9022 Liberty. 1st 4s.... 8452 Liberty, 2d s' ... 84 1 8 Liberty. 1st 4.. 8454 Liberty, 2d 4 Ha. 8436 Liberty, 3d A a,., 8776 Liberty, 4th 4a. 8474 Victory. 4a .... 9552 Victory. 3 .... 9550 A oCoke Co.. Board High. Low. -, 9028 - 9000 8452 8450 8418 ' 8416 8480 8454 8440 8430 8800 8776 8486 i 8470 . 9556-9552 9548 9540 Close. 9010 8450 8416 8450 ant 87881 8472 9552 9552 3Tew York-London STIver New Tork. Aug. 16. (I. N. 8.) Commer cial bar silver waa quoted today:- Domentic, un changed at 49; foreign was c higher at 05. ..! v ;! London, Aug. 16. (L N. S.)---Bar ailver was H d higher at 69d. i. ' ' - iVaral Stores atarket ' New York. Aug. 16. (I N. 8.) Turpen tine Savannah. 31.56; New York, $1.65. Rosin Savannah. $13; New York, $14. French Loan to Be Floated in Autumn Bankers in close touch with the French rovernraent now admit that negotiations have been In progress looking forward to the flotation of a French loan of possibly 1100,000,000 in this country In the Au tumn. The proceeds will be used to help France pay off her share of the Anglo French loan, due in October. "" 1 '. V t Bank Clearings $38,000,000,000 Bank clearings at the principal cities for June amounted to 138,000.000,000, a new high record for the month -of June, which compares with leafe than $37,000. 000,000 the previous month and $34,000, 000.000 for June of last year. Clearings exclusive of New York city were nearly $18,000,000,000, compared with $17,000, 000,00 the previous month and less than $14,000,000,000 In June, 1919, an Increase of 23 per cent over a year ago and 43 per cent over two years ago. PACIFIC COAST BAirK STATEMENT Portland Bank . rnarin ' This Week. Year Ago. Monday $ 7.167,879.79 $ 7,943,271.76 Taeoma Banks Clearings Monday $ 1,087,910.00 Balances Monday ........... . '.- 179.042.00 1 , Seattle Banks Clearings Mnoday .-. . .$ 6,371.442.00 Balance Monday 1.968.775.00 .. aan Francises Banks " Clearings Monday ............ $32,000,000.00 Lea Angelas Bank Clearings afonday . . . $18,193,094.00 1 POREIOTT KXCHAWGB RATES Corrected daily by foreign exchange depart ment of the United State National bank. Opening nominal rate for bank transaction: TAX EXEMPT Yielding 6 i . ' t ' . i' The Buhl Highway Gonaral Obligation District Twin Falls County j . IDAHO ! 6 GOLD Dated January , 198. r Due Serially January 1, 1934-37 Denomination 91000. Price 100 to Yield 6 Principal and Stimi-annuil Interest Paybl In New 'York or it j House of Morri$ Brothers Inc. j THIS distrlcl 1$ in "The Garden Spot of Idiho," as Twin Falls County is Justly termed. The county as a whole leads all others in the Northwest In the production of wheat, corn, oats, barley, rye, alfalfa, timothy, sugar beets, vegetables and fruits of great 'variety. , . . . , In the Buhl District are 95,000 acres of the richest of land. These bonds provide funds for extending Idaho's highways. Telephone, or Telegraph Orders etj Our Expense MORRIS BROTHERS, Inc. j The Premier Municipal Bond Reese Between Established Qaarter of a Centary th and 6th - Morris Bldgn $99.11 Stark HU Streets Capital Oae Million Dollars Telephoso Broadway lltl Draft Checks, London Pounda aterling . . .$ 8.63 Faria Franca. 7.29 Hamburg-Berlin Mark Genoa Lire. . Copenhagen Kroner ... Chrwtiania - Kroner ... Stork holm Kroner ... Hongkong Currency . Japaa Ten . . Shanghai Taela .... 2.16 4.96 115.10 15.20 20.68 78.75 S1.40 1.09 Cable Transfers. t 8.64 7.80 2.16 ' 4.97 15.18 15.2S 20.68 T7.2 51.63 1.10 Per Value. $ 4.8665 19.30 23.81 19.30 26.79 26.79 " 26.79 49.84 1 (tacks, Bobs. Cotton. 4rala, Bte. ! aie-tll Beard el Trade Baliaisf Overbeck&CookeCo DIRECT PRIVATE WIREi. I TO ALL EXCHANGES afesseors Ckleage Beard ef Trade i Corrsiposdests ef Lores Bryee ' Ckleage - Tsfk . Ill JT, -tit f lVj We offer for investment our allotment in $1,000,000 Pacific Power and Light Co. First Lien and Gentnral Mortgage . r 8 Gold Bonds Dated August 1, 1920. - " - Due August 1 1930. Denominations $1000; and $500 THIS company setves southeastern Washington and northeastern Oregon, including Walla 'Walla, Yakima. Vancouver, Astoria, The Dalles. Pendleton, Hood River and Lewiston. Idaho. . The company's growth and earn ings over a ten-year period Indicate a strong and sub stantial condition. 71 of "company's electric capacity is hydro-electrics. ,l We recommernd thews, bonds for fovestanemt Price 98i: Yielding over 8i Complete detaHssd information on request BOND DEPARTMENT . LADD & TlLTON BANK Oldest in the Northwest istse EDEHALI jrrsriM. Washington and. Third St. 017470 First Our participation I $100,000 -Year ! 8 Per Cent : Lien and General Mortgage Gold Bonds Power & Light Company Dated Aug. 1920. . Due Aug. 1, 1930. Den. $1000 $500 ... : PRICE 98.25 TO YIELD 8.25 V THIS great; company serves sixty-five cities and communities in Oregdn and Washington that are supported by the rich est agricultural regions of the Northwest, with an estlmited j population of 150,000 people. j j FOR the year ended June, t920, Itsj gross earnings were 12,398,000. an increase of 22 'over the preceding year. This was accomplished WITHOUT A RAISE IN RATES. Ms net earnings for ; dividends, after paying all bond interest charges, was S591.502, an increase of 5 5. Net balance after paying dividends Increased 108. : i -Call or order by phone, wire or letter- nifflliiil!lf Full information on request P-l a. a as s UjickilaoarMlsloO Bond-Truat---Acceptances Lumberrnens Bldg. o $1,000,000 . S New Offering Pacific Power & Light Company thirst Lien and General Mortgage j . j 8 Gold Bonds Dated August 1. 1920 Due August 1, 1930 ( Denomination SI 000, 5o6 ! For the year ending June 30. 1920, earnings are as followsj . Net ineome ................. 91,122,161.'-. latoresl on. Bond ...... 450,374 '. - . i:-. ' 1 : Balaneo! after Bond Interest..... I 71,787 Net earnings are 2Jtl times all interest charges, including 'this issue. SECURITYr These bonds, to be secured by a general mortgage on all property now Owned or hereafter acquired.) and in addition will be secured by deposit with Trustee of 11,000,000 par value first and ref undin--5 !gold bonds,-due 1930. ,! PRICE 98.25, YIELDING B Blyth; Witt 402 Yewm Bruldiiig 1 V" Portland, Oregon Tolephono Mala 8183 HALLi efr COMPANY ' Buy" and Sell V. S. CoeTnient, Foreign Coverorneat Railroad. Pubiie Utility, Industrial, Municipal I" BONDS . " I Quotations Upon Request ..! Lerwfs BlcTg Portland, Or. 1 - Telephone Broedwey 960