16 FRIDAY. AUGUST 20. 1S20. POTATO MARKET IS WEAKER WITH PRICES AGAIN LOWERED Edited by flyman U. Cohen POLES' DRIVE BOOSTS -MARKET Edited by Will F. Ucsslan GRAIN BAGS ARE BUTTER IS STEADY FURTHERVEAKNESSIGENERAL MEXCAN OIL IS Foreifa Exchange Market New Tare. in. no : tt n ' 1 .0467; lire cables, .0468; marks demand, .0197, unchanged; Canadian dollars. .8885. t ' . , . I r unin ex ensng quotations were I steady at the opening iVse" il .Iirm"nd sterling was' unchanged at doHera.silir "f' 6ii i.2Lmin1 t15?..el"a 1 2 at $3.60 5 President Chandler of Chandler Motor Car i company, following meeting at which regular quarterly dividend was declared, stated company in position to III BUT II UP .0003; lire, demand, maintain this rate Indefinitely. ! " 1 1 THE OREGON DAILY JOU RNAI, PORTLAND. OREGON HOG PREMIUM IS STILL MAINTAINED ADVANCES III POTATO TRADING IN STOCK MARKET - ! HO UNCHANGED imp nroi n r WATCHED BY MART flllll ULULII1L - v Butter market continues to show atead toes. Effort! to force higher prices have thus far failed for rJbe reason that outside market conditions have not been suitable for such a moTcment- Earl? la tba Mk aomt interest were talk In t el pottins the priea of batter probahly 6c higher, but hers appeared no lustificstin vrltst- ' etrr for rocs. movement from the staKlpnut cf enprly and demand, r.. It M tn tLat ttw condition of , the tiJ i: xubt Jirprod bars, bat if as. tJuiiM is firwt wit'im the next tew days, 't U n-t likalyi t-i be more then for cent or two, All butter i moving somewhat bectvt, and there is no surplus to bother the trade. Country dmirr batter especially shawinj strong tone, i'ut Lntn prices eomiaie arovud Oe pound tcnersiljr. Thee 'deeirins .portal information resardins any market thou Id write tbe Market Editor, Ore son Journal, enelosln stamp for reply. EGO TRADE HOLDING ITffCHAJfGED Trade la theses market - continues to drift, with prices unchanged for both buying and ssll in. Home aftort is bains made by speculators to advance fresh stock in order to maks greater' profits on storage. peach supply is teby scawti While carload of 1x5 tU peaches was report ed in from the Booth durlnc tbe day, the market in general was almost bare at offerings. Most' sales were made ground $2 a box. CHICKEIT . MARKET IS IMPBOVED Improved demand is showing all through the ehirken trade along the street. Light bens are soring around 18c, while an excellent call is shown for heavier stock at 28e a pound. GREE7T COBIT IS SELLING LOWEB Green corn is in congested supply here, and sales are being made down to tl sack, for good stock. Receipts at this time are the heaviest known for many- years. MEAT SITUATION STEADY HERE Situation in the dressed veal market is about steady here, with the, bulk of tbe sales of tops at 23 Vic a pound. Hogs are also stesdy, but most of the arrivals tie too hesvy weight t cone In the top class. BRIEF NOTES OF PRODUCE TRADE Blackberries selling around 83.00 8.50 crate. ' Clantatoupe prices still being slaughtered fur Csllfnrnisn. ; Dalle Burrell Gem cents tbowing a good call. Hide market is almost lifeless at the moment. Hop trs.le b stagnant, with crop conditions . excellent, "WEATHER NOTICE POR SHIPPERS Weather bureau advises: Protect shipments during next 80 hours against the followiug ilss 'ioium tempersturea: Goint north, 78 degrees; northeast over 8.. P. AS. R. R., 88 decrees; east to Bsker, 84 degrees, and south to AsuUnd, 02 degrees. Maximum temperature at fJrtlaud Saturday. 88 degrees. r , ; WHOLESALE PRICES IN POETIA5D These s re prices retailers pay wholesalers, ex eept as otherwise noted: Dairy Products BUTTS R Selling price, box lots: Creamery prime, parchment wrapped, 8Se lb. ; prime firsts, 7o lb.; firsts, 56c lb.; smaller lots at an sd isnesv Jobbing - prices: Cube extras, 64c; brats. 62c BUTTERFAT Portland delivery basis. 62c; country stations, 87 58c OLEOMA RGARINb retf brands, 40c; ordi nary, 83 c; bakers. 33c; Butmargarine, 1-lh. tartims. 82c per lb. . CHEESBSelling price: Tillamook, fresh Oregon, fsncy triplets, 82 83c per lb.; Young America, 84 85c Prices to jobbers f. o. b. Tillamook: Triplets. 29c;-Young America, 80c Belling prices: Cream . brick, 40 42c Selling pncci Block Swiss, 4840e; Um Burger. 40 0 2e per lb. KGGS Buying prieal Current receipts, 748o; candled, selling price. 62 0 58c; se lect, 540 55c per dosen. LIVE POULTRY Selling price: Heavy bens. 27c; light bens, 15 18c; hesvy springs. 20c; old roosters. 10c per lb. ; turkey, live. ( ); ducks, 2530o lb. v Fresh Vegetables and Fruit ' FRESH FRUIT Oranges, $5.75 (g 7.50 per box; bananas, 11912c lb.; lemons, $4,509 5.60 per' crate: grapefruit, $5.00; cantaloupe. California Standard. $1.501.75; pony, $1.25; flat, ; 75c; Malaga grapes, $3.50 per crste; aeedless grapes, 88.25; peaches, $2.00 box; peseta plums, $1.00 IS 1.60 crate; pears. $4.50 6 6.00. . APPLES New, $1.00 1.50. DRIED FRUIT Dates, Dromedaries, $7.50; Fr. $4.00 per box; figs, $'i.605.00 box. ONIONS Selling price to retailers: New Walla Walla,. $1.60 1.76; garlic. 25o per lb.; green onions, 25 0 40o- 4oxen bunches; onion sets. I7el8c lb. POTATOES Seeing, price: Oregon fancy, 2.25 ( 2.75. . BERRIES Blsckberries, $3.00 8.50 crate. VEGETABLES Turnips. $8.50 sack; car rots. $4. 0O sack; beeU, 00c dozen bunches; let tuce, $1.75 crste; cucumbers. 2350o box; tomatoes, 76c &$ 1.00; egg plant, 7e per lb.; hroeeoU. ( J bell peppevs, 1 2 tic; celery, $1.20 doxen; string brsui, So per lb.; green com. $1.00 61.50 sack, i , Meats and Provlslefit , COUNTRY M EATS -Selling price: Country bogs. 23 24c lb. for top blockers; heavy, 18c; veal. 23 He; heavy veal, 16c lb, SMOKED MEATS "Ham, 4246e per lb.; breakfaat bacon, 42 0 68c; picnics, 25 per lb. ; cottage roll, 33c per lb. LARD Kettle rendered. 23c lb-i tie res basis, compound. 20c. , , , : ' Fish and ShelHtsh FRESH FISH Salmon, fresh Chinook. 17 lSe lb.; halibut, fresb. ,15 18c pet lb. ; stur geon, 11; black, cod,. lO&llo lb.; kippered salmon. $2.50 per 10-lb. basket; kippered cod, 82.3.5;. Tasor clam-s ( ); crabs, $2.7503.75 doxen; ling cod.. 68c lb. , , . ; !i: . Oroceriea SUGAR Nominal prices,1 . refinery basis: Cube. $22.10; truit and berry, $21.25; D yel low, $20.65; granulated. $21.25; extra C. $20.80; golden C. $20.76. HON El New. $7.00 0 7.80 case. RICE -Japan styk. No. 1, 11c; New Orleans head 1 ; Blue Kcee. 14 i e per lb. SALT Coarse, halt ground, lOOa, 817.25 per ton; 60s, $18.75; table dairy, 60s, $27.26; bales, $3.80 4.00; Isncy table and dairy, $311.50: lump rock, $26.6lr per ton. BEANS Sales py Jobbers. SmaU white. 7 He lb.; Urge white. 74e lb.; pink. 8 He lb.; lunaa, 12 He; bayou, 11 fie; reds, lOHc; Ore gon bean buying prices, nominal. 6 He lb. CANNED MILK Carnation, S6.50; Borden. 86.50; Astor. $ti.40; Eagle. 812.33; Libby. ; $0.5i( Mount Vernon, $6.40 per esse. COFFEE Boasted. 34 48c in sacks or drama. - SODA CRACKERS In bulk, 20e per lb. NUTS Walnuts. 85ft40e Der lb - ilnih 88c: filberts, 82c in sack lots; peanuts. 14 H 15c; pecans, 25c; BraaUs, 35c Ropo, Paints, Oils . ROPE Sisal, dark, 18 He; white, 20c lb. J standard M-nila, 26 He . - ' . LINSEED OIL Raw. bbls.. $1.69 gsL; .kettle boiled, bbls., $1.71; raw, cases. 81.84: boiled cases 81. Bo gallun. ' COAL OILi Pearl or water white in drams or iron barrels. 17 He gallon; cases, 30c per gallon. GASOLINE Iron barrels, 20 8)80 He; re.es. 41 He; angina distillate, iron barrels, 16c; cases. WHITE LEAD Ton lota, 15c; 500 lbe.. , 15 He per lb TURPENTINE Tanks. 82.26; cases. $241: 10 case lots, lc less. , v Hops, Wool and Hide HOPS Nominal. -1812 crop. 70c pound. -S--8. bU5 (aU weot) llcTgreea hide (all weights). e; green or salt calf (un der 15 pounds), 20 022c; green or salt kip (15 to 80 lbs.). 12 915c; salt balls, Be; green bulls. . 7c: dry hidea, 20c: dry salt hides. 15c; dry calf trader 7 lbs.). 25e lb. ' SALT HORSE HIDES (Large). 84 each: salt horse hides (medium), $3 each; aalt horsa bide (small). $2 each. . ' PELTS Dry tine long wool pelts, 15e; dry . medium long wool pelts, 12c; dry coarse fona . wool pelts, 10c lb. SALT PELTS Salt tons wool pelts.' $2.00 9 S.00 each; aalt lamb pelts, SO0 75e each; aalt shearlings, 25 0500 each; 'salt clippers. . 15 0 25e each. MOHAIR Long, 25c; short, 15e It . TALLOW AND GREASE No. 1 tallow. Tc: Ho. 2. 6c ' . CASCABA BARS New peel, 8 Ha lb.: old peel. 10a par lb. : Chicago Dairy Prod nee ' Chicago. Aug. 20. (L N. . B.) Butteiv Receipts, 10,063 creamery extra, 55c: standards, extra firsts, 40053c; packing stacks. 35040 H. Lgg Receipts, 10.509; miscellaneous, 43 0 - 45c; ordinary firsts. 4243e; firsts 46047H; checks, 33 g 33c; dirties, S3 88c. - Cheese. twms new. 24 H 0 25e; daisies, 2 5 H c : Young Americans, 25 H 0 26c ; long horns, 25 H i26c: bnck. 23c Ije Doultry Turkeys, 45c; chickens. 28 9 84c: roosters. 85ej sprinfis, S4e; geese. 22 025c; dacka. 92c - ! : HOW HOGS BTJI.ED -Portland 1 ..... i ... .Steady - $17.2; Chicago ............ Utse lo wr UM Kansas City ........ l-elowef flS-ls Denver ..Steady 1S.$ PORTLAND LIVESTOCK : Bogs. Cattle. Calves. Sheep. Friday ........I. 541 Week ago 1T 2 week sea ..... 084 4 weeks ago . .... 84 Tear ago ....... 1 53 3 yean ago ...... 600 5 years ago ...... 47 4 years ace 213 : 68 -I SR$ .1 41 i27 i 1 84 1A 91 - 88 12 4 . 14 285 487 788 88 718 1582 4 Ten loads of livestock reached the North Portland trade for thoi Friday seasion. General conditions were steady with former orices in effect. I ' Rather fair run of hogs put into the yards for Fridays morning activities. Demand was steady hen at the liberal premium I over the eastern trade, notwithstanding farther depression there.-----" :';- I -i f -'- :' " - General bog market range:! 'I Prime mixed ...j... t. .$16.50 0 17.28 Medium miTad . -. 16.04)016.50 Rough heavy L . . 1O.OO013.OO Smooth heavy .............. .18.00918.50 Pigs ...................... 12.80 018.00 ' ' 1: Cattle Hold ttsastr : ' ' Just a small run of cattle was shown in the yards Friday. One lot of fair quality bornea staff eeme forward. The trade firsred that if this had been dehorned aa extra Quarter would have been available. Is general the market was considered steady, i General oxUle range: Choice grsas steers .....,.....$ 9.60910.00 Good to chcice steers ......... 8.50 0 8.60 Medium to good steers ........ 7.50 0 8.50 Fair- to good steers .. Common to fair steers ........ Choice CO we and heifers ....... Good to choice cows and heifers. Medium to good cows and heifers. Canners ..... ............ . Bulls . . k Choice dairy cattle .......... Heavy calves ................ T.est light calTes ..:. .......... Best f eedera ................. Fair to good feeder steers. ...... Fair" to good .. . . r 7.00 9 7.60 6.OO0 7.00 7.2S0 T.OO 6.25 0 7.25 : 8.23 0 S.25 2.73 0 4.7$ 5.00 0 6.00 18.OO01.oo 7.OO0 O.OO 11.60 0 18.OO 7.000 7.50 8.00 0 7.00 5.75 0 7.25 Mutton Situation unchanged For Friday there was no change in i sentiment in the sheep and lamb alleys at North Portland. A fair mo . was shown for the day and prices ruled within previona limits, i . i General sheep and lamb range: I Prime lambs ............ j . .8 8.00 9 8-00 full Iambs ................. 6.00 0 , 7.00 Yearlings . . ....... ........ 6.00 0 7.25 Wethers J.. 6.00 0 6.60 Ewes 2.26 0 8.00 Thursday Afternoon Sales I J v :, STEERS i : ' ; t . No. . At. lbs. Price I No. i Av. lbs. Price 25... .1182 $ 8.75 25.. ..1162 $10.25 3. . . . 980 8.00 25. . . .1112 D.50 23.... 103 8.1)0 25... ,1188 10.50 1....1070 8.73 .1070 - i COWS - - : - 1.... 880 $ 5.50 I 2... .1085 9 4.60 2. ... 865 7.50 i '-!-- iCALVGS i 1.... 810 $ 5.50 1.. - i HOGS 170 $15.80 802 816.00 220 17.00 188 . 16.75 880 14.00 6. 1. 5. 1. .. 208 $17.00 3. . .. 220 16.00 , t.. .. 176 17.0O . 6.. .. 260 .16.25 1.. LAMBS .. 48 8 5.50 I 11.. 14. 11. 62 $ 5.50 .. $2 7.60J 7,... 124 WETHERS ! . . 127 $ 6.25 v i .1 Friday Momlna Sales . ' I i cows ' : 8.50 116V No. I. '1. . 1. ( 1 . 5. Ave. lbs. Price. 1 No. Ave lbs. Price. 980 8 8.50 I 1. ...1060 8 8.00 . U 7.0U I . 880 4.50 ' 2 .1210 0.75 I 24 .1118 8.00 I BULLS .1200 $ 4.50 ! CALVES . 134 8.50 J i STEERS . 877 8 8.00 HOGS . 848 .1049 8.50 8.75 HI. t. 2.. 8. . .. 1. . 1.. . 220 817.00 .170 17.00 $16.50 14.25 14.00 14.00 ' 16.75 131 I860 16.00 18.50 18.75 143 220 100 1.... 1401 lft.00 i LAMBS 18. . 82 $ 8.75 140. 62! $ 7.60 AMERICAN LIVESTOCK PRICES - ' ' Chlcaoo Hoos 81S.7S 1 -r;-': i Chicago, Aug. 20. (L N. 8.) Hogs Re ceipts, 13.000; 15035c lower. Bulk. 814.10 (15.60; top. $15.75; heavyweight, $14,400 15.50; medium weight. $14.75 015.65; light weight, $14.85 015.85; light lights. $14,00 0 15.40; hesvy packing sows, smooth, $14,00 0 14.35; packing sows, roagh. 313.65 014.00; pigs, $12.75014.50. f CatUe Receipts, 4000; steers, strong; cattle, slow and steady, i I Beef Steers Medium -and ' heavyweight, $12.25016.25; choice and prime, $16,250 17.50; medium ' and good, $12.25 016.25; lightweight, $10.00 012.25; good and choice. $14. 50017.25; common and medium, $8.00 014.25.-. -.-, ,, - , Butcher J 1 Cattle Heifers, " $6.00 0 15.00; costs. $5.00012.50; bulla, $5.00011.50. (Canners and Cutters Cows and: heifers. $4.0006.25; canner steers. $4.5007.00; veal cslves (light and handyweight), $14.00015.00; feeder steers, $7.50 012.25; stock er steers, $5L50 0 10.75; stocket cows and heifers. $5.00 0!!.OO. 3 j:1- - I . f.f Sheep - Receipts. 10,000 ; steady. Lambs (94 lbs. down), i $10.50 0 13.00; lambs (culls and common),: $7.00 010.00: yearling j wethera. $71.7509.60; ewes. $5.5007.85; ewes - (culls and common), $2.5005.00; breeding ewes, $5.75 010.73: feeder lambs. $10,75 012.30. V i Omaha Hogs $14.76 I Omaha, Aug. 20. . ( I. N. 8. ) Hogs Re ceipts, 5500; uneven, 10 25c lower: Bulk. $18.75014.25: top, $14.75. . t - ' CatUe -Receipts, 2000. Beef " steers and butcher stock, steady, 25c lower; veals, ,50c 0 uuu lower; stockera and feeders, dull. nneep -receipts, az.vuu;. steady classes,, i - - i - J Kansas Cltr Hews S1S.1B on all Kansas City, Mo., Aug. 20. (X N. S.) Cattle Receipts, 1200; weak to lower. Steers, $9i00 018.00; cows. $6.00011.00; stockera and feeders, $5.00 012.00; calves, j$ 9.00 0 13.00. . i '-- -i Hogs Receipts. 1700; 6e to 15c lower. Bulk. $14.80015.15; top, -$15.15; heavies, $14 75915.16; lights, $14.90 015.15; . me diums, tl4.90915.16. - . ! T Sheep KeceipU, 3000; about steady. Lambs, $11.25. - , . - - !., - -: i 7- ' Denver Hogs 81S.60 1 i ! ' Denver. Colo., Aus. 20. IV. -P.)- Cattle : Reeeipta. 200 1 steady. Steers, $8,000 12.O0: cows and heifers, $6.00 0 9.00; .tockera and feeders, $6.00 0 9.00; calves, $8.00 011.00. Hogs ReceipU. 200; steady. Top, $15.60; bul. $14.73 015.60.' r - ! Sheep Receipts. 1000 : steady. I. Lambs, 10 75 011.25: ewee. $6.00 05.75c feeder lssnbs, 810.00011.00. ! . Seattle Hoes, 817.2K - Seattle. Aug.. 20. (L N. 8.) Hogs Re ceipts, 89; lower.! Prime lights, $16.50 0 12.75; rough heavies, $14.00 014.75; medium to choice. $15.76016.75: pigs, $18.00 014.00. Cattle Receipts, none. , t r 1 oheep-Keceipts, none. . f ( ii- - ; -- .. e .: R I -" POTATOES A IO If G- THE COAST fi i eatt9 Rtarkst 1 J Seattle. Aug. 20. U. P.) Potatoes: ! East Washington Netted Gems, 3 08 He; locals, 2H 08c .. , 1 . i . .. . i - Lea Angefea 8arket - r f - Los Angeles, Aug. 20. (L N. S.) Pota toes Local Early and White Rose, fancy No. 1 mostly $1.3501.50; No. 2, 75c$l hig; sacked. $2.75 3.00; Stocktons, mostly $$,25 0 8.50. j . i ... , San Franelseo Market ' ' ' San Franciaen. An. n ir. v New. 6 H 0 8 : old. 1 0c : sweets. 6 0 8c Onions Yellow. 31.60 0 2.00; Australian brown, $2.00. . , . Field peas,. 5c. 1 ' " - i ' . F -i.:... i e ' 'H"'vil: -S" DAIRY PRODUCTS OF THE" COAST' ' ' ' " Franetoeo Market , San Franeaoo. Aug. 20. (U. P.) Batter Exrras, 62e; prime firsts. 60c E Extras. 67c, firsts, 5 le; dirties No, i,6.2-,"11 Imlteu 61 51 He; ondsrsised polleu. S7a- l Cheese California flats . fancy, tie; firsts. 27a. r : j Seattle Market Seattle. Waac,tAag. 20. (U. P.) Batter; Creamery, cubes. 68c; bricks, 69c -, Egge Fresh ranch. 68c; pullets. 47a : ? Hans, 25 087c " Z Los Anoeiee Market ! Toa Angetes. Aug. 20 (L N. S.) Butter. 3c per lb. . :, . . . Eggs Fresh extras; 86e; case count. 53a pullets. 48c; peeweee. Sle. ount, 03e. fryers?S2cT?e,1S 8582c; oroUe. t4e; .-!! Caieag-e Potato Market t- unicago, Aug. 20. (I. w a 47 ears; JerseTeobbW 3250 0 TT- ast aota and oaiiy Ohioa. a 2 an as o S A Jtuln" 4.... 148 20. .... 110 2.... 2 8 183! 7.... 107! : Further extension of weakness la phow Ing - In ; the Pacific Northwest potato trade. , The dullness in i buying; is ' in dicated not nlyvat Portland bat Is even more 'impressive in the Washington and Idaho sections. . , - - 5-V- i i- - f- Indicating the further weakness In the- gen eral trade is the fset that -Yakima is : today frseiy offering Not 1 stock at 82 a cental, freight paid to Portland, in carload lota. Thia price is low er than what the trade here has been making purchases of similar quality from home growers. - Up to this time best potatoes have been sell ing to - the wholesale trade ap to 82.25 per cental, but nothing above f 2 is now available, and the trade is scarcely willing to make pur chases at tbe lower price. ' . j : i Considerable stock- is being offered on con signment here and this is more than sufficient to take care of all wants of i the trade at the moment. , l - I -- j Wheat Is Lqyrer At the Opening; Corn Also Down Chicago, Aug. 20. (L N.I S.)-f-With scat tered selling and tome buying on the decline. wheat opened 1 to IHe lower for December and 2 to 3e off for March. . i i Cera opened wKh. a light eorame of tmainees to ykc jower xox oepiemoer ana e to. off for December. There was acattered eom tniuinn honae aelling. ; ! - I ' Oats opened hi e lower for September and H e off for December, with a light trade. There was seme buying of December after the start. Provisions opened light with September , lard lower. ; j. - i Chicago -range by United Pn j . v. WHEAT j Open. ; High. I Low. 234 : 236 1S8 119 ed l 66 2375 2465 1807 1850 . 1475 : 1615 Close 237 238' 144 122 67 7 2400 2480 1617 ' 1850 1477 1515 December March September December September December 8erbember a October . ' September October - . . September October . . Sept. .... . , 236 . 237 237 288 H! CORN , j 140 H .145 I 1204 122: OATS j 66 68H! 67 68 Hi PORK . 2410 2410; . 2483 2490 LARD ' .. 1825 1840! . 1880 1880: RIBS i .. 1475 1477 ..1520 1532: . BARLEY I i ... 104A 105 H 104 105 105A 105 104 I 105 HB Dec. . Cash wheat No. 1 red, $2.56 0 2.56 H ; No. 2 hard. $2.64 0 2.56; No. 8 hard, $2.54. i; Yakima Section ' j Is Prosperous, Is ; Eailway j Advice The prospects generally throughout the Yak ima valley are for a very prosperous year, sg cording to reports received by W. D. Skinner, traffic manager of the Spokane, Portland A Seattle railway, from U. F. ' Diawoodie. traveling freight agent of that line in the Yakima valley territory, which includes Granariew, Sunnyside, Toppenish, Granger, Zilla. Donald and Wspato, Wash. - - ; !-- I i Crops, with the exception of peaches and ber ries, are in very good condition this year ' in that section. The principal crops are alfalfa and timothy - hay, apples, . peaches and enough-i grain for stock, r eed. - At the present time the second crop of alfalfa has just been taken off and stacked and preparations ' being ' made for the third crop. The second crop averaged three tons per acre and buyers are offering $18 to $23 per ton, baled; with very "little being soW. farmers claiming that they cannot make any money in selling at less than $25 per ton, on account of high . cost of irrigation, baling and labor. ?..! -. - The apple crop, while not so good aa in former years, as to quantity, is going to be of much better quality and sise. i i . ... The berry crop, which consists ? mostly of loganberries, and the grapes, are not very heavy thia year owing to the past winter i freezing the " The peach crop win be very J light. ..The cantaloupe and melon cropa are very good ' this year but are not finding a very ready - market, for all the quality is- the very best. - ii GRAXW CORPORATION PROPIT TO !! BE GIVEN" THE GOVER5MEN fr f Washington. Aug. 20. (I N. S.) President Wilson has ordered a farther reduction of the capitalisation of the United States Grain cor poration from $150,000,000 to $50,000,000. In July, the president reduced, -the capitaliza tion $300,000,000, and the amount was turned into the treasury. The $100,000,000 of the present reduction also will go into : the treasury. The remaining capital stock of the corporation, together with about $30,000,000 profits, will be returned to the treasury when the corpora tion completes its work in a i few months, it was announced. ; New York Batter and Epg-s ' New York. Aug. 20. (L N, S.). Butter Market firm; creamery extras. 56 068 He: creamery firsts. 61 0 66 He; creamery higher scoring, 56 H 0 6Oo; State dairy tubs, 45 0 56c Cheese Market steady; whole milk specials, 27H 028Hc; whole milk fancy. 25 H 026 He; whole milk, fancy Young Americas; 28 029e; skims, specials, - 16 017 He: skims, choice, 14 16c; skims, ehoice to good, '12 014c ' Eggs Market firm. : Nearby white, fancy, 70 9 72c; nearby brown, fancy, 60 0 65c; extra. 57058c; firsta. 47 0 63c.-. j J-;vj ., , j r '-' 1 ' !' I New" Tork- Metal : Market -' '.. New York, Aug. 20. (L N. S ) Copper i Easy; spot to October, offered; 19. i Lead Quiet; spot f to September, offered. 9.16. - Spelter Easy; spot to November, offered, 8.15. i . - .- --- : - i . I ; ,-. " Dried Fmlt and Seais New York. Aug. 20. (L N. &) Beans Market steady. Marrow choice. $9.00 011.60: pea ehoice. $9.00 0 7.60. , j ' Dried fruits Market - stesdy. Apricots, ex tra choice to fancy. 25 g)27e; apples, evapor ated, prime to fancy. 11 918 e; prunes, 80s to 60s. 17 H 0 25c; prunes. 6s to 100a, 11 0 1 8 H e : peaches, extra choice to fancy. 19 W 027c; seeded raisin, choice ; to, fancy. 28 H 025e. ,f .i! i ; , New York Wool and Hides , New York, Aug. 20. it N. 1 S.) Woo! Market weak; domestic fleece , XX Ohio. 36 0 67c: domestic milled sconred basuc 40cAtl.lki domeetia Texas scoured basis. 6Oc0$1.8O. man Ms met stesdy; nauro steers, 23 0Z8c; branded-steers, 23 025c . : New York 8 agar and Coffee ' New York, Aug. 20. (D. P.)-1 Coffee 7 Rio. 8 He; No. 4 Santos, 14 015c -Nc Sugar Centritagal. weak; i raw, 811.000 12.04: refined, unsettled; granulated,. 317.10 022.60. - I Berrr Season Closed Sandy, Aug. 20, The locsn sad raspberry A. Palmer gave a big party for his harvesters test night, serving ice cream and ease. The berry season is at least two weeks later eat' this way than in the valley. , i . .. i .Naval Stores Market::' ; New York. Aug. 20. (L N. S.) Turpen tine. Savannah. 81.45: N. Y.. $1.59. Savannah. $13.40 913.50 - K.- Y.. Saa Pranelseo Foaltrr Market fUn Francisco. Aug. 20. (U. P.) Broilfcrs, 52f!52c: Uw 28040c; Ibeat ducks. 26 0 28c : Saa Franelseo Grain Market ' Ran Francisco. Aug. SO. liTT t t. A-wV es vv, '.. - t . .... ..... MlBBeapolis-Dmlata Ptax ; -' Doluth. Aug. 20. (L N. 8. ) -Flax. 8.82 ; October. S.86 ; .IOT,mber, 3 37 ; December. S.S5; track, S.S108.37: arrive, 8.$1. . Minneapolis Flax, 3.28. j. . :!f:.--"; . '" 1 '" vV fVs'.','i.:i.::f: : i New York Potato Market New York. Aug. 20. (I. N. Si) Potatoes tin bulk, barrel or bag)' Market firm: nearh white, $3.00 08.50; Southern,, $L0 0 4.60. Hearing's before public: service com mission of New York today on petitions of roads entering; city for permission to put Into effect sew schedule f rates, . Mew Ver. . 0. it ? martlet etoeed steady today. U . a. Steel artor aesUng up te 88 reacted to 88 and Baldwin-fell from 10SV t10S. t Reading was a demand for a time, moving a to 80 V, freea wtiloR it rsaotad te , . Sexiean Petrewm after selling a 1604 fell back to 168. .ene StuSeoaker yielded overf 1 P2JZJk' sonde unchanged; railway and ether Sends steady. i .; "- New York, Aug. 21-(U Na)-Thre were general advances at the opening' of the stock market today, ranging from fractions to 3 points. The -higher prices brought In a moderate! supply of stocks, and some recession occurred." Baldwin made a sain of to 105. U. S. Steel moved up to 88, but later lost this gain. Mexican Petroleum opened up 1 point at 167. reacting to 156.-: i - I - There was scarce supply v of Psn-A mertoan. which advanced. 2 poinu to 84 on a few transactions. I . i Tbe motor stocks were in good demand, Kelly Springfield makiag a tain of S points to 76. Heading continued to reflect accumulation, ad vancing to 88 . At the .end of the first 15 minutes the stocks that had reacted moved up again and the tone became ateadier. There was a material change in tbe condi tions in the .market todays buying orders being numerous and commission houses more active than for many week. - ': - f: 1 ' Baltimore A Ohio moved up 1 to 37. Read ing was strung, advancing 1 point to 88. ne steel industrials, after the first IS minutes, made snbetantial gains, U. S. Steel selling at 88 , and Baldwin moviraj up to 105. I . There was vigorous buying also In jthe petroleum issues,- Pan-American advancing over 2 points to 84, and Mexican Petroleum 2 to 158 : . r j Furnbhed by Overbeca j A Cooke company. atoard or Trade bmJding. DESCRIPTION : I Open Hign Low I Cloae Alaska Gold ...... Allia Chalmers. . ,. Alloy Steel Ainer. "Agr. Chem . . Amer. Beet Sugar. . Amer. Can. e ..... . Amer. Car Fndry . . Amer. Cotton Oil. . I 20 tl ' 30 30 89, 77 77 77 77 73 74 72 73 53 34 S3 34 133 184 133 183 25 26 25 25) 13 14 13 14 70 72 70 71 94 95 94 94'H 21 22 21 21 65 65 55 63 35 v 86 85 35 114 114 118 H 114 83 i 84 88 H 84 . 98 j 96 96 90: 111 78 79 78 78. 12 12 H 12 12 51 52 51 51 81 ' 81 81 81 105 106 105 105 85 j 38 85 37 78 ; 75 73 74 19 19 19 1 118 119 118 118 54 j 55 64 65 56 67 56 66 H 7 7 7 T S3 : 84 . 33 33 70 - 70 ' 69 69 18 . 14 13 14 . 25 ! 26 25 25 85 i 85 85 34 78 ' 78 78 78 88 ' 89 88 88 186 187 135 135 6 . 5 5 41 12 ! 12) 12 12 61 61 61 61 141 141 141 140 21 22 21 21 30 : 81 80 31 72 i 72 72 72 24 ! 24 24 24 51 63 61 53 37 85 ; 86 85 , 85 88 84 88 84 46 46- 48 45 78 ' 79 78 79 125 125 125 12$ 24 1 24 24 24 19 20 19. 19 18 18 18 18 28 24 23 2$ 67 H 88 67 67 44 44 44 .44 11 i 12 11 11 157 160 166 158 19 ; 19 19 18 89 89 39 39 25 - 25 H 25 26 ..... '58 78 1 74 73 ,74 10 10 10 10 83 33 83 33 84 ; 94 94 94 71 i 72 . 71 .71 0 91 90 80 . 73 78 73 72 3 j 3 8 -3 83 i 86 83 85 40 ; 40 40 AO 27 I 28 27 28 12 12 12 12 94 ..... Ill 14 14 14 14 93 . 93 03 93 87 j 90 87 89 81 ; 81 81 81 81 83 81 81 34 j 84 34 184 26 ;27 25 28 63 ! 67 63 65 91 92 91 92 26 j 27 26 27 62 63 62 62 49 , 49 48 48 24 25 24 24 105 108, 105 106 ... .. ; ..4 i9 84 85 84 34 10 . 10 10 10 117 117 117 117 I 64 I 27 ; 28 27 27, 85 s 86 ,84 85 61 81 50 60 87 t 88 87 88 61 61 61 81 69 ,70 68 69 64 : 65 64 H 65 . T . 8 7 7 ..... ... . 82 47 ; 47 47 47 16 16 18 16 Am. 11. & Lea tli., c Amer. lnt i Corp a. Amer. . Loco., e . . .-. Amer. Ship & Com. Amer, Smelter, c. Amer. Steel Fndry: Amer. Sugar, c . . . . Am. Sumatra Tob . . Amer. Tel. A Tel.. American Tobacco. . Amer. Woolen, c . . American Zinc .... Anaconda Mining Co. Atchison, e. .... Baldwin Loco., e. Bait A Ohio, e. . Bethlehem Steel. B Brook. Rapid T.. Butte A Superior . Canadian .Pacific. Cent.. Leather, c. . Ches. A Ohio.... CvGt, W.. e. . .. . C. M. St P... C. A.M. . W Chile Copper. ... Chine Copper. ... Colo. F. A I.... Cons. Gas ..... Corn Prod., e. Crucible Steel, e . D. A B, G., c... Erie, c ....... General Cigars . . General Electric . eneral Motors . . Gt Northern Ore. Gt I Northern By . Greene Cananea . Gulf States Steel.. Ice ' Securities ... 111. Central .... Ind. Alcohol - . . Ins. Copper ... Int. Paper . . . . Int. . Harvester . . Int. Mer. Marine, lnt Nickel .... K. C. Southern, e. a.ennecott Copper Lackawanna Steal Lehigh Valley . . , Middle - State Oil Mexican Pet . . Miami Copper . , . Mid vale Steel ... . Missouri racilic, c National Knamel . . National Lead . , . . Nevada Cons. ...... New Haven ...... New York Air Bkc New York Central . Norfolk A Western. Northern Pacific . . Okla. Ref. A Prod.. Pan-Amer. Pet., c. I'enn. Railway . . . People Gss . . . . . Pierce Oil -V . , . . . P-ssed Steel Car. c. Pullman ........ Ray Cons. Conner . Railway Steel Sp'gs. ueaaing, c ...... Royal Dutch R L A S., e. .. Rock Jaland. c . . . . Sinclair Cons. . .-. . Sloes Sheffield Southern Pacific Southern" By., c . . . Studebaker, e ..... . SbeU ........... S. L. A S. P...,,, Swift A Co. .... . Tenn. Copper .... Texas Pacific .... Trans. Oil, - . .... . Union Pacific, c. . . Union Pacific, pfd. . Union Oil of Del,. V. 8. Rubber, c. . V. 8. Smelt A Ref. U. "8. Steel, e.-.. . . Utah Copper. . ... . Vanadium Steel .... Virginia Chem., c . Wabuh ..; , .- . . . Western Union .... Westinghouse Else. Willys Overland . i . Ev. DiVi 1 ner cent. t77tS!ooo, tOCk, '4i20 hwre,i I"3- PACIPIC COAST BANK STATEMENT Portland Banks I Clearings This Week. Monday ...,t 7.157,870.79 Tear Ago. " t 7.943.271.75 $.880,803.33 5.808,120.10 4.912.823.91 - 4.438.904.41 Tuesday 8.715,273. 08 Wednesday- . Thursday .. .. Friday ..... 5.547.125.84 5.764.037.16 6,201.958.66 '"' ':-' Seattle Banks , Clearings . Friday .......,,.,$ 4.877.037.00 Balances Friday I. . ,,L 864.34t.00 Yaeoms Bankt Clearings Friday ; ........ j, .. ,t 698.540.00 Balances Friday ....... j, 135.262.00 ,' apokarte Banks Clearing Friday 1.660.785.00 Balances Friday .. . v. . . 894.383.00 .. .. Ban Francisco- Banks -Clearings Friday ...... 4 ... 1 24,300.000.00 Le Angsts 1 Bank Clearings Friday , . . , . j. . ..$ 10.748,161.00 ENORMOUS DROP IN COTTON AT NEW YORK OPENING ' New York Aug. 20. (L M. 8.) The cot ton market bad a big opening today with Initial trades in almost every month, August dropping 125- points and other positions 25 to 60 points on the first call. ... . - Selling was heavy in general, doubtless due to weaker spot marketa. t Cable were lower, support here was poor, - mainly from shorts. Conditions in the drygocds trade and absence of crop -damage new appeared to have discouraged all bull activities. . i .... At the end of the first - 20 ri'"ftw the list was still heavy at about 85 points net lower. A alight closing rally left the market at a net decline of 69 0 1 60 points. Spot cotton was steady p today. Prices were 75 point tower at 3360. , No sale. '- Furnished by Overbeck A Cooks Co., Board o Trade building: -. . i . v j - i -i - Open. -High. ' Low. Close. January ....... . 2592 2598 ,2520 2530 March ......... 2575 . 2580 ''2512 2520 April-' ....... 2550 " 2570, . 2545 26d$ July j.... 2835 , 2545 2475 . 2470 October 2750 2770 2692 - 2717 December ....... 2660 : 2682 2603 28J.0 aJrerpool Cotton - Irreeralajr . r- Liverpool. Aug. 20. (1 "M, 8.) Cotton spots opened dull; price Irregular sales, 4000 bale. .American mid., fsir, 8007; good an ids.. 3732; fully mids., 2607: mids., 2482; low, 2101; . good ordinary. 1767; ordinary, 1657. Futures steady. i , Money nna Zxehaage New York, Aug, 20. (L N. 8.) Call money on the floor of the New York stock exchange to day rfted at 7 per cent; high. 7 per cent; low, T per cent Time money was firm. Rate were 9 per cent" i . -.... i - The. market fog prime mercantile "paper was steady. Sterling exchange was steady, with business la bankers bills at $3-64 tor : - . , r HOW WHEAT RULED Bid Loss Hard white tM ' .. Soft white t41 .. White elab tM .. Has winter ............... i f as . ., Northern spring ............. 2J0 te Red Walla ...... . . ..... .. .... 38 ' . . NORTHWEST GRAIN RECEIPTS -Cars- Wheat. Barley. Flour. Oats. Hay. roniana r nosy, ivu Year ago; .... 14 Season to date... 1927 Year ago. . . . . 928 Tscoms Tbursd'y 12 Year ago. . . . 30 Season to date. . 856 Year ago..... 413 1 i 2 6 2 5 j 4 2 17 117 '76 182 80 139 122 281 .. r2 ... .... 5 . . . . . 10 11 142 8 94 35 ... 42 150 2 8 ; ... - 8 1 2 4 9 86-63 ! 1 108 59 63 87 193 Haattla Thnra. . 2 Year ago. . . Season' to date. - : Year ago. . . . 1 . 156 277 Further depression is noted In the price of grain bags. Holders have ! become panic stricken. Bags are being freely offered for spot delivery in California at 12 cents each for No. 1 Calcuttas, but there is very litie demand at that. ' Bag purchase at' Pacific Northwest interior j point " continue oi nana-to-mouin cnaracrcr. Many of the dealers who purchased higher priced stock are naturally asking full vslnes, but others who bought cheaper are underselling them. On the basis of the present California price, bags are today not worth more than 13 cents each in Portland, which mean not above 16 cent at in terior point. V " Wheat market was under pressure in tbe East ern trade during - the Friday morning session, with lower prices forced. Activity is by n means pronounoed. in the Pacific Northwest - Coarse grains are showing a steady tone gen erally, this being true of both oats and barley. Broomhall (Cabled) : : United Kingdom Harvest progressing- slowly, being delayed by rain. Samples of new wheat are satisfactory but some of the new oats show depreciation from the beavy rains. France Harvest practically completed Har vest of wheat will probably reach expectations; Import requirement this year light. German y Harvest is earlier than umal. con dition of crop over average Fanners have sown a large acreage and put a lot of work In. so s good yield is expected. Netherlands Weather favorable for harvest ing, which is progressing sati-fsctorily. Australia Further beneficial rains have been experienced so that the land is in excellent con dition and the crops promise to turn out in good shape, there being good moisture .for the roots. - India Agricultural conditions generally help ful, although the rainfalls at seeding time have been rather light - - i Argentine Weather continues fine in most part of the country. . A fairly large acreage planted to wheat and the rainfall although not abundant has been ample for the sowing of the crops. ' FLOUR Selling, prices, mill door: Patent $12.95; Montana spring wheat $13.25: Wil lamette valley brands, $11.20; local straight $10.80; bakers' local. $12.95 013.26; graham. $10.80; whole wheat $11.05. Price tor city deliveries 1 5c extra; 'suburban. 20o extra. -- HAY Buying - prices, nominal:: Willamette timothy, fancy. $23.00 0 29.00 per ton; vetch. $23.00; cheat. $29; straw, $10.00; clover. $22.00; grain $23.00; alfalfa $24.00 0 25.00 a ton. - GRAIN SACKS Nominal. New crop deli v. ery: No. 1 Calcutta. 11013c; domestic, 13e in car lots; lefts amounts higher. MILL8TCFPS Mill run at mill, sacked, $59.00 0 60.00. , , -' j OATS Per ton, buying prices': Feed.' $48.00 049.00. BARLEY Buying price: Feed, $47,00 0 4-8.00; milling, $46.00 0 47.00; rolled barley, selling price. $57.00 0 68.00. t SEED Buying price: Red clover, recleaned, 80e per lb. Merchants Exchange bids:: WHEAT -."..;." Oct 232 231 . 230 230 232 228 . Sept 1- 232 . 231 . 230 Hard whit .Soft white White club ... Rard winter . . -. . northern spring ...... 232 Red . Walla 228 FEED OATS I Aug. Bept Ne. 2 white ..t ....... 5000 480O Nc 2 gray........... 4500 i BARLEY Brewing ............. 490O Feed ............... T 4900 '.CORN Nc S yellow (bulk!..,. 6400 Eastern (bulk) ........ 6450 4600 "4800 4700 6850 4800 4700 6350 6350 6250 Sales 1 00 tons eastern No. 3 yellow corn, September shipment. $63.60. , r - . FOREIGX EXCHANGE BATES Corrected daily by foreign exchange depart ment of the United States National bank. Draft Cable - Par Checks Transfers. Value. London Pounds sterling ...$ 8.58 $ 3.59 . $ 4.8665 Paris Francs. 7.11 7.12 19.80 Hsmburav Berlin Marks .... 2.00 2.00 23.81 Genoa Lire.. 4.63 4.63 tt ' .19.80 Copenhagen Kroner ... 14.75 14.80 i "" 26.79 Chris tiania ' I Kroner ... 14.75 14.80 26.79 Stockholm Kroner ... 20.40 ' 20.45 26.79 Hongkong t ... Currency... 80.25 . .80.75 ; Japan Yen.. 61.79 52.00 : 49.84 Shanghai. Taels 1.15 1.18 i ..... Liberty Bond Bales - Furnished by Overbeck A Cook Co., Board of Trad building. t Open. High. Low. 9000 9009 8990 Close. 8990 8460 8422 8468 8440 8788 8470 9358 9568 Liberty 8 H . Liberty 1st 4s. , Liberty 2d 4s.... 8422 .8422 8420 Liberty 1st 4 Ks. . 84 58 8474 8468 Liberty 2d 44s.. K130 S450 8428 Liberty 3d 4 14 s. , 8780 ! 8800 " 8778 Liberty 4th 4K 8460 8472 8460 Victory 4 4s ... 9560 9564 9556 Victory 3s ... 9558 9562 9568 Eogue Kiver Pears SeUForHiffh Price Medford. Aug. 20. The first cars of Rogue River valley Bartletts. 1920 yop, sold " Thursday In Chicagoa one c:S grossed $2886 or an average of $5.55 per box for the entire car. Another car containing some of second grade sold for $2783, an average of 15.28 for the entire car. The above sales break ail records of Rogue River valley Bartletts In car load) : lots. Up ' to Wednesday night there were 78 cars of pears shipped east and seven cars to canneries. ', SV4 Ten-Year! 8 First Lien and Mortgage ' , : Gold Bonds PACIFIC POWER & LIGHT CO.; PRICE To Yield Information in Detail upon request " Uiafisgv4slosv W " - i ""-,:- . - j. . - ( Lumbermens Building Ca ll . or. O rd er.by.P By Broadsn Wall - . New York, Aug. ' 20. The stock market rallied Thursday as the Bol sKevists fled before the Poles. Prr feskional traders ' seised ' the oppor tunity to tSover their short contracts before the Red menace should be proved a complete bluff and the politicians be restored . to reason. The bankers helped this by holding call money down to 7 per cent all day. :' ' On the floor of j the exchange there were cheers as the market advanced, but the advance was nothing wild. Many business men who are being pushed by their bankers are taking advantage of every rally in the market the cash In. Some of the leading commission houses are advising cuspmers to do likewise, i The buying started with the earliest transactions, and was persistent throughout- the day. Motors And oils were leaders, because it 'was in these that there had been the greatest selling. Rail road equipments were also strong toward the last, particularly Baldwin. Announcement that the City Service company had, through- a subsidiary, brought in a 65,000 barrel well in Mexico, led the street to strain its ears again In the direction of Mexican Petroleum of fices. The company has three wells .with in striking distance of oil. Report is that the Pan-American will increase its divi dend at the September meeting, and again' in December, with an additional stock dividend at the end of yie year. New Issue Province of British Columbia 5-year 6's at 92.85 Denominations SO0 ft 000 ' Dated July 27. 1920. Due July 27 1925. Principal and semi-annual interest payable in U. S. gold In New York. j Bonds ready for delivery. Wire orders -collect," 11 IVtZJP o 1 al Mil SecoMO fooitr. MAIM 4 hI kVrasverv . . NCSTTrtWESTERN BANK BL0G. Stocks, Bonds, Cotton. Grain, Etc. lit .817 Board of Trad Building Oyerbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXHANGES -: Member Chicago Board ef Trade Correspondents i of l0gan Bryaa New Tork hlcago One to Ten-Year 6 . Improvement - Bonds CITY OF TILLAMOOK OREGON PRICE 100 ! To Yield 6 Denomination $500 Interest semi-annually. 0 i tt I a ho ne, Wire or Letter r (1 4 J i L -allCl aa so I Sub-letting . I 1 Leased ' j I Property ; J DE sure that none of If I L your tenants are j I sub-lettin any of your l I property without your I knowledfe. ' v I 1 It. was the failure to I I make this stipulation ' 1 that brought many in- !r! nocent a p a r t m ent I house owners into the J limelight as profiteers. . strong 6 MacXauf hton ppartawo QCOBSt " BuKPmC Q OX.CO. j RRICIE 92.65 $86,500 CITY of NORTH VANCOUVER ( Province of British Columbia) 6 GOLD ' NOTES EXEMPT JTHOM ALL DOMINION GOVERNMENT TAXATIO. Dated Jane U, 118. Bus Jane 15, 19SJ. . . DENOMINATION $500 Price 92.65 to Yield 9 Principal and semi-annual interest 3une 15 and December 15. Payable In gold coin of! the United States nt the agency of the Royal Hank or Canada in New York City or at the offices of ?Morla Brother. I rS! .. i FI?TAJrCXAL STATEMENT Assessed value 'for taxntion 1918.. ,. 9Ri777. ar!r5.,TJ,0cJ,udKr, above ISlSkti - "iSgund4!:::::::::::::" z.au.oo Waterworks debentures. ......................... . 60iooo.oo . Ferry debentures 1S3.0O0.00 Locar lmtrovement debt , 935,625.00 8 122 773 u - (Rile payers' share.) , i Net debenture debt 811 630 4'' Value of municipality's assets 4,S3M46;oo The City of North Vancouver is a suburb of Vancouver, British Co lumbia, area 2950 acres, situated across the bay from the latter city It has a population of approximately 10,500 people, and Its securities have always been considered very aafe and desirable investments. This issue oft bonds is a direct lien and general tax obligation of the - entire city, all of Us taxable property, wealth and resources being pledged j, to pay interest and principal aa they become due. We recommend thene bonds as exceptionally desirable, with an unusually high interest yield As a matter of ; fact, it would be difficult to duplicate this opportunity from an investment, standpoint. ; i i . (.." ' ' 1 . : . '! " . I . " Legality Approved by B. L. Reed, K. C of Bowser, Beed & Wallbridge, t j , Vaacoarer, B. C. Telephone or Telegraph Orders at Oar Expense. MORRIS BROTHERS, Inc. The Premier Between &th Wad Stir 3treets r fell! 1 1 First Lien and 8 Gold Bonds' Dated August 1, 1920. . ,v . Denominations $1000 and $500 THIS company, serves southeastern Washington and northeastern Oregon, Includinr Walla Walla, Yakima, Vancouver,! Astorix The Dalles. Pendleton, Hood Fiver and Lewiston. Idaho. The company's : growth and earn- ings over a ten-year period Indicate a strong and sub itan'tial condition. 71 of company's electric capacity is hydro-electric. ' , j We recommend these bonds for investment Price1 98J : Yielding over 8 Complete detailed informatioc on request BOND Dadd & Tilton Bank Oldest inl the Northwest " EDEML.I LADDtTlLTONl DANK, 1 10-Year 7 Per Cent Collateral Trust Gold Bonds v ! - ' , j ' . , Price 100 and interest-to yield 7 . Denominations $500 and $1000 These bonds are secured by pledge, with Guar anty Trust Company, . New York, Trustee, of ' securities with a market value of over 125 of amount of bonds. , Corriplete information on request. We recommend these BOND DEPARTMENT Ladp & Tilton Bank OWeif in 'the Northwest eCMBES?" EDERAL I .SYSTf YIELD 9 . Bfanlelpal Bond Hosse ' Established Q Barter of a Century " Telennons ' Morris Bldgn $ 11 Stark 8U Broadway Capital One Million DoUar. Sill We offer the unsold bal ance of our interest in $1,000,000 Pacific Power and Light Go. M General Mortgage Due August I 1930. I1! DEPARTMENT EMMST i Washington and Third St. SVSTiae We Of fer for Investment Our Allotment in $25,000,000 NeW York Central Railroad ! bonds for investment. Washington and Third Sts. M. Mi?