The Oregon daily journal. (Portland, Or.) 1902-1972, February 06, 1921, Image 30

The Oregon daily journal., February 06, 1921, Page 30, Image 30

Image provided by: University of Oregon Libraries; Eugene, OR

About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 6, 1921)

Prev Page of 62 Next Prev Issue Next Text PDF JP2 (5.9 MB) Clip/Print Image

Return to Top

Prev Page of 62 Next Prev Issue Next

Newspaper Page Text12 THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, FEBRUARY 6, 1921 MARKET VALUES CONTINUE TO SLIDE IN MOST LINES VESTOCI PRICES GENERALLY LOWER Hops, Cattle and Sheep Show Losses t Xorth Portlajul Total Run for .' Week la Increased. rOKTLASD LIVEHTOCK HVS Hog. Csttir. Calves. Sheep, Cars. 3057 101 8.122 144 2838 24S8 J4 242U 117 8213 2523 134 4 H!S lz 8504 204 841 17 124 Ww ago . . . 5 wefc ago. . 4 weeks ago, . Year ago . . . 5 years go. . years ago-. 4 years uc . 34M 812.1 23H 204S .184 5929 171 1 , 68 22fi 12 4UOJJ L'AIA 114 f58 10S 4224 1712 9 SS41 131 LIVESTOCK VVilrVA COMPARED Top Mr.. 8 leers. I-amb riaenrday . . . . ham n20 .. rtani 191 .. Mm 1 1 H . . Hum 117 fcsnie llrlo , .$! 1 ! . 18 00 , . 17.50 . in. eo . . 12.00 . 7.35 f 9.00 12.50 14. OO 11.00 0.20 7.75 10.SU 17.50 13 OO 1S.50 12. SO B.53 Total supplies of livestock at North ' Portland showed an increase for the week with 144 cars reported in compared wKh 117 latt week. 142 the previous week and 164 cars a year ago for this ante period. Hogs showed depression and lower prices, cattle were easier to weak and sheep and lambs were lower. - In th hoc alleys the market bad a general nn- . Oerton nf weakness, in face of 311.25 being quoted on two. tales made Tuesday at 311.75. bat these were (or (mall Iota. Meemingly tne big fellows are securing all theft- requirements for packing frcm tbe in ul- west and they are mak ing the little peckers pay s premium for their, limits! MniiiMmMit. Uecentiy many complaints have corn to The Joarual that in a number of sections, notably liaise y. livestock buyers an not paying as muen for tit hogs tbey purchase as the I'ortland mar ket Justifies. Must of the buyers are speculators and generally pay enough leaa than the laat quuted liner at North Portland to enable them to grab . a big profit no matter h the market drops. Some f the buyers are aaid to be paying full values While others are said to be offering much taw. The latter group is forcing tbe formation of addi tional cooperative livestock shipping organiza tions and Halsey appears to be a good field for each organisations. Country producers who warn to form cooperative organizations oan secure in formation from The Journal or from the Oregon Agricultural college. At the week-end the price of hogs ruled fat the leading market of the country for tops: Portland 311.00 Chicago ...... 10.33 Omaha 9.60 JJenver , 9.80 kansas City . , 10.10 Toward the closing of the week's trade here the top became depressed and losses were general al though nothing was available oo Saturday to test prices or sentiment. (General hoe market im Prime light (Smooth heavy .......... - Itough heavy - ..810.5091100 , ,. 10.00 10.60 , .. 7.00 0 9.00 , .. 10.00 11.00 , .. 10.00 011.00 rat nigs feeder pig . , . . ,y Cattks Tone Kaslar 'There was a generally easier ton In the mar ket for eaJU at North Portland for the week. Total arrivals for the fix days' included 203T bead as compared with 2458 a week ago. Tne decreased offerings, failed to stimulate the traa because of the lessened retail demand and value wereconsidered lOo to 25o lower. General cattle market nn. Choice steers . Medium to good steers '. sir to medium steers . f, t'ummon to flr steers , Choice cows and heifers ..... Medium to good cows and heifers sir to medium cows and heifers Common, cows and heifers .... Ctnners .......... Buiis r.rr.rrrr Choice feeders ....... ."..." " Best light calves Medium light calves Choice feeders -Fair to good feeders 8.259 9.00 7.60 8.00 7.00 7.60 6.00 & 7.00 6.50 9 7.25 6.00 e) 6.60 6.00 6.00 4.00 & 6.00 2.00 ( 4.00 4.80 6.60 6.60 m 7.00 10.00 11.00 oo e io.oo 6.60 0 7.25 6.73 6.75 . Sheep Are Lower Market for sheep and lambs had a more lib oral run at North Portland for the week and tela was reflected in prices. Isvmbs and yearlings showed the principal price depression for me iwrtod but there was weakness all through the heep and lamb alleys. General sheen mark mmm. East of. mountain lambs .... XVUIamette valley lambs..... Heavy lambs ............. Feeder lambs Light yearlings ......I Hnevy yearlings ........... Wethers Cull lambs wea . .39 80 10.50 8.00 9.00 7.00 7.60 6.00 7.00 7.239 8.00 6.50 7.25 6.60 7.00 6.00(a) 6.00 l.OO 0 6.00 Disposition of Livestock Following was th dispositioa of livestock at Xortli Portland for th week : . Uehvered to Cattle. Calves. Adsms Pkg. Co.... 25 ... Barton A Co..... U3 j Hogs. Sheep. inn.ens Pkg. Co. . Chambers pkg. Co." Ixitoa M. J. Oill ,. Henry Pkg Co, T. It. Hewitt ...... U Smith Kchloaaer Bros. .. . , Sterrett Pkg. ... . . wift tc Co. North Miscellaneous Through stock .... i Orecos feeders . . . . ash. feeders ISO 27 25 94 164 17 110 09 27 852 178 74 202 1 ... 265 4 .. 11 .1 103 108 70 4760 837 98 9 70 98 r 99 1 98 86V i 67i ::: 220 24 209 1 To Winlock Growers Mf Sp-ASt aher?i Is the ftrst of many which axe expected to ar rive here within the next 90 days. 1 1 iTesti saated that in the neighborhood of 300.000 will be shipped into Winl&k this aesson. most of tuetu coming from PeUluma. This wiU take pare of about two third of th wants of th local rwrdtrymen. It is possible that, within a fsw jeai-s, Iocs hatcherie will be equipped to uppty th poultrymen of this district with all ne5?1 : ?rtainly the shipment wiU be S i?t.Jdel Mlt the establish- aaent of th bis hatchery at Jacob Erring and' other at the rsnch of John Annonen. Indi caUons ar that, with the increases in the flocks of local poultry men. 1922 will see a very eon- wr&turr,: Wil,k,ck', "? mo6t POTATOES ALOXO THE COAST Beattle. Feb. 6. (U. P tw, Takim. eems. 836; local. 3249 26. ' . rrwricisoo Market Sen Francisco. Feb. 6 (U. P rntitrin River white. 31.769 2.25; Seiinas. 83 00 8.25: weeta, 65.40 6.65. ' " . . Onion -Aostrmliaa brown, 75 Jl 00 ' . t-"s Anookt Market Log ABgeles, Feb. 6. (J. N. a.) Potatoes- i.ta "nks, mostly 820092 50; Idaho 3KM1t.motl)r 12.10; local White Rose! inosUe 80 g 80 per lug. 82.00 3.25 sick? Cooperatlv Creamery MeeUaa; F ?'"' EF;- 6. Th annual meeting of Uudao .Bay CooperaOre Creamery Company wa held yesterday aUrnoon in th Grange Had t Lmaptn wth40 stockholders present! oT tng to th fmanUl condition no dividend was paid on stock This is the fiist time smc iu Hinmtia that it has not paidaT drrStvH la th. election of directors vtaoat an ew personnel was choeaa with the rJli R1 IBeLA P SnTtS tt. a- ttean ana J. a- Jones a th outcoin oirectors. the following were elected to fUi tn? place. W. O. Wiaener. William Gentrv vTrfi -a. A- A BUby d ChllrtS? ReSS To. new officers will auahfy February 7. - Soma Fed Motlug Ontario, Feb. 6. A few cars of alfalfa tneal and a few of baled bay ar moving out of her wow to outside markets. On rancher ha orders from Tennessee for 10 cars bated Lay, which will be sent forward as rani til v as possible. Th Malheur Alfalfa Meal company at prepared to fill orders and aome a re being received. .... .. ' HlnneapolM-Palath Flax ' Pnrath, Feb, 6. (L N. B.) FUg May. , 81.77 44; July, ' $1.80 H ; track aad . arrive 81 72H. , , Minneapolia, Feb. 5. ft N. S.) Flax May, 81.77; July. 31.80; track and arrive. 31.75 W 1.77. ., Foreign Fxehange Market New Tork. Feb. 8. (U. P.) Tb foreign wxchang market opened with demand sterling 33 .84; francs. .0099; : lire. .0361; msrks, .0158; Canadian dollars. .86(57; kronen. .1910. OIL SHARES IN BETTER POSITION New York, Feb. j 5-(TJ. P.) The stock market closed higher today. Trading during: th. short session con tinued dull right up to the finish. Read ing first preferred- made a new high of 65 on the Upward move. Studebaker was -well taken between 56 and 67. After getting down close to yesterday's low, Northern Pacific rallied half a point.. Mexican Petroleum' sold off a point, after touching 156. j Closing prices Included : United States Steel up , Baldwin UP , Pan-American up . Reading up 1, Reading first preferred up , Texas tc Pacific up , General Asphalt up . Crucible up . Mexican Petroleum up 1, Atlantic Gulf up , Northern Pa cific up 4. United States Rubber up 4, International Paper up . New Tork, Feb.'o. U. P.) Reports that Thomas W. Lamont had been in vited to Mexico to assist in refunding the Mexican foreign debt gave strength today to oil shares , on' the New York stock exchange. , Mexican Petroleum was np at 1B6; Cru cible np at 92. The whole list had a -firm tendency. Northern Pacific roM nearly a point at the opening. Head ing first preferred touched 54 , which is 6 lwints above. Friday's low. Steel common gained at 82. (Furnished by Overbeck A Cook Co.) or iridfl mjnnmg: hsies. t '1'X!K. I High. Low, j Bid. hl 1 64 Tkl 54 Vs - 1 M 84 14 42H 42tt 42 30 M 29 30 85 Vs 122 H 122 H 122 21 64 484 48 48 10 9 10 44 44 44 58 57 57 814 , 8 10 30 29 29 93 92 92 78 78 78 99 99 99 118 117 118 66 65 66 8 39 38 38 97 81 81 i 81 64 64 64 8S 87 87 33 33 33, i . . . 104 66 55 55 14 13 13 13 15 14 15 115 115 115 40 39 40 69 I 8 12i 12 12 22 22 22 27 26 26 68 27 27 27 60 59 60 78 I 69 69 69 28 I 26 25 26 I 84 fl 91 00 12 1 62 13. 58 55 57 ; 8 14 14 14 3 59 128 14 14 14 65 65 Or, 20 89 , 22 I 78 I 76tt I 21 33 57 70 69 704 88 35 34 35 I 5 5 5 I 6 6 5 ! . 95 . , 14H 15 16 15 i 67 67 57 24 23 23 44 4 19 19 .. 524 51 61 51 136 156 155 156 18 13 13 13 30 2 24 2 18 18 18 16 134 16 60 69 11 11 11 21 19 20 '84 "83 84 34 78 71 70 70 8 16 35 47 74 73 78 10 58 28 92 106 101 103 13 13 13 83 82 83 1 81 63 64 65 60 60 60 84 6 40 23 22 Ti 22 50 96 98 96 22 21 21 20 20 20 37 57 56 66 1014 101 101 v . .... . . 8 .42 "42 42 82 314' 82 52 9 . 22 119 118' 118 67 69 63 69 . . 33 82 81 SI 66 I 55 55 '4 . .... 1 36 37 36. 86 64 .6 6 8 7 7 85 .... 44 9 7s 7 7 31 Agr. Chem Alaska J uneau .... Allis-Chalmers am. Beet Sugar - Am. Can Co . , do pfd. ......... Am. Car A Fdy Am. Cot. Oil . . Am. Drug Synd Allied Chem. - Am. Hide A Leather... Am. InU. Corp - Am- Linseed Am. Loco. ........... Am. Saf. Kazor Am. Ship 4 Comrc..... Am. Steel Fdy Am. Sugar . Ala. Sumatra Am. . Tel. A Tel Am. Tobacco Am. Wool A m. Zino ............ A naepnda Assd. Oil Atchhion AO. Gulf A W. I. . . . ,. p.aldwin Loco, . Balto. A Ohio . . . Beth. Steel 8 It , . Beth. Steel "B" ....... B. R. T. , . Butte A Sup. ......... Caddo Oil y Canadian Pac. Cen. Leather . ". , . Cligo.. A N. W , . Chicago GL Western..,. Chile Copper , . Chino . C M. A St. P c. a o Colorado Fuel tc Iron . , . CoL Gas A Electric. Consolidated Gas ...... Corn Product , . , Cosden Oil , C. B, I. A P Crucible IK'lswsre tt Hudson ..... Horn Mines D. A R. G . . , Kndicott Johnson ...... Krie Famous Players Fed. Ming. A Smelt.... Flsk Tire Gsston Williams ....... Cons. Cigars General Electric ....... General Motors ....... General Asphalt ....... Goodyear ............ Goodrich Granby .............. Great Nor. Or ........ Great Nor. pfd. .. Greene Canaiies ....... Gulf States Steel ..... Hask Barker . . Houston Oil ......... Illinois Central Inspiration ........... Interboro Inatentat Callahan .... Int. Harvester Int. Merc. Marin . . . . . Int. Nickel Int. Paper Invincible Oil Island Oil K. C Southern Kennecott Lack. Steel Lehigh Valley Forillard Mex. Petroleum Miami Middle States Oil Midval Steel M. K. A T... Mo. Pacific Montgomery-Ward Nat. -Enamel Nat. Lead Nevada Con. ........... New Haven ........... Norfolk. A W Not Pacific Nova Scotia Steel ...... N. T. Air Brake N. T. Central Okla, Prod., ref Ontario A W , Pacific Oil Pac. Gag A Else ........ Pan. Am. Pet. Pierce Oil PitU Coal Pitta A West Ta. Pressed Steel Car ...... Pullman .............. Ray Con. Reading ....' Replogl Steel Republic L A S . ....... Royal Dutch Oil ....... Ry. Steel Spg S he t tuck. Ana. Shell T. AT Sinclair .............. Sloss Shef South. Pacific.......... South. Ry. , St. L, A S. F. Stromberg Carb. .... . Studebaker Swift A Co Tenn. Cop. A Chem Texas Oil , . Tex. Pacific a A O..,. Tob. Products , Tran. Contl. Oil... Union Oil Del. ...... Union Pac U. S. Ind.. Alcohol. U. S- Rub i ....... . U. S. Smelting..., TJ. S. Steel Utah Copper .......... Va. Chem, ......i.,.,, Vanadium Steel Vivandou ............. Wabash ... ." Wee tern Union Westinghouse E. A M . . , West Maryland .......... Willys-Overland ........ Wisconsin Central W. A L. K i Weekly stock sales, 8.000,500. ' Weekly bond aales, 888.887,000. Total sales stocks, 228.400. Total sales- bonds. $5,513,000. DAIB.Y "PRODUCTS OF THE COAST - Seattle, Market Seattle. Feb. 5. (U. P.) Ergs Fresh ranch, 40 42c; puUets, 33 e3c Butter' 44 45a. Los Aneeht Market puned "V ,8c: ; '"ul,fH''n. 384e: broCers. 4053e; Onions Being Moved wereaul toh 'tot? men to Portland. The tow prto. product is matter ot local regret. s t.E I'rntl mnoh h,r1 rk sod expert It beheved. however, that this yea eropwili reoPlT'thrtth nbl " grow recoup n th losses for the season of 1920. Smelt Baa Agala ' Ketw, Wash.. Feb. 5. A. new run of melt ?f. Cttr Sod n'itr has Come Into the tW hts. river this week. Th. fh are aT sce and none of th hoato are getting morTthsnI lew box of fh a night. Th main run of mlt is stall to com into the river, not having reached the mouth of the Cowbti ye" Poultry Production Grows at . Rapid Rate in the Northwe.st - ' . , V . ..... " By Hynan H. Cohen Notwithstanding talk to the contrary and hysterics of interested parties, the poultry industry of the Pacific Northwest has made greater strides during the last few years than ever before in Its history. Thus is saying much, but the i - ; r-3 the egg industry of the western sections Z'l number of dark days i ' S ' I riment I utUi5ir mmm.ilmm e WOndei wonderful increase. . ; A few years ago it was Considered a real laughable matter to talk of increasing egg production with electric lights, but the matter is no longer a Joke . Better Grading Pays "Oregon eggs bed a reputation in the American markets for many vears that was not at ail tp be envied. Today the reputation of the state's product tops ail other sections of the country, and higher prices are available for the product of w.io cio uiaii ivr " viMiy uuier wcuon. i ms aoes not eliminate the much talked of Petaluma, Cal., section. Results of sale of Oregon eggs and Petaluma eggs in New York show the Oregon egg to have received the highest price in history. The fact that the same selling agents in New York handle the 'product of both sections, indicates that the Oregon egg must be worth more than the CaJiiornia product- . ; , . Much-ado is being made by many regarding the Chinese eggs in this country. It is true that the importation of these supplies stops -the American price from going still higher, but the fact remains that the Chinese eggs are usually marketed hers except in powdered formwjnly during the season when the fresh production is small. These eggs are not fresh and cannot be sold as such. They do not compete with fresh eggs except in the slightest degree. If they are kept out of the country it will probably be an aid to the producer in securing more money riuring the period pf greatest production, because cold storage interests will figure they will secure higher prices if the Chinese stock is eliminated from the market! Compulsory Grading May Be Accessary '.'"IJL!1,". made '01 compulsory grading of eggs in Oregon. This would be a good thing, providing the plan could be successfully carried out. The trouble is that even among the better graders there Is a difference of opinion as i?J ,at institutes various grades of eggs. The following from the Market Reporter, published by the bureau of markets, is typical of the needs of 74 grading throughout the country: - e neeQS OI eS "I hope the government will soon compel every country store to use a candler and inspect the eggs before purchasing," said a Virginia wholesale egg dealer and shirmer in a recent communication to the bureau of markets It makes it very hard for the merchant who tries to handle only good stock to be constantly flooded with eggs that have not only "rots' but also a laree per centage that, while not actually spoiled, are heated, dirty cracked uider! KZwnd 1 every WX undesirable. They are too good to throw away and If y- B,ood. eniu?h to oHer at anythlns like the market price. You see what and farmers Cr UP agalnst ln buyinS from careless .country merchants . i"01me-i8itates countr7 merchants and egg dealers are required by state law J"11!! 11 eggs purchased or sold. Such legislation has been rerrmnendd by the department and is In the Interest of improved eg& marketing methods "vLtV0"8." V en farmer and cntry merchant are ubleBto obtlfn ft J fneLtOT lnferiJT auahty or spoiled eggs, the need of -producing better qual ity will become readily rpparent. H nf 7ra.!Lad.f 'rom Vancouver. R. C. reports the arrival of another big cargo ffKS- F: A. Hennlngser of the Henningser Produce company - of - consisted of 31 carloads Po?eggs! Not Sold as Fresh Eggs r,J'-K;"nJnT.Bas: L"Fhese r.e. n.t sold as fresh eggs.' although they are eicht weeks old Wi hiv. in '. Ul compete with 'store eggs, some six to eignt weeics oia. we have been 10 years evolving a secret packing system which we believe keeps them strictly fresh. Their quality Is goodP It hfamaUe? egg. ?hUi nevattlhi'" Ll ay?Aa' !!? Chinese egg shell is. the hardest in - - ' r6e . - x CofunWufvt E2tdSS1&lt- - "T"- ww. yi. rourse uanaoa nas a duty and your own Pacific CJK tFde has a law that each egg must be numbered. Very well There are about 50 cnnRiimora tn vBi-v .i . v. j , , . v" .!'. law. I leave it at that. Claims Other Oriental Prodscts Used Resrardine- t Via nrplni., a ,o -i,i. . . ..... sut rara . i .iB k " 8.S OI course, mis aoesn t arrect you, Yhort v,at,?riin' -f,yer' the largest buyer. handled bv rTatiVo re 1. B11K- et tnese are intimately rH7,o? v, labor. Of course they don't compete with any of our m the honer " J?" an arlcle lik competes, however, then comes m tne holler! And yet the egg alone is purely a production of nature which a "ArfolhAr tahI?KtOUCh the inside ot a"d cold not contaminate h & districts China hwe,SiHartnKt availabl 'or distribution in the famine sent on mulebacl?" aTIh tfSFSrlS be transPrtel Jo railwayless districts nor 1 . tney afford a measure of relief in that the monev snent on them returns to China in actual foodstuffs, of which China U TmoTt "neS ?" Wool Sales Are More General in The Boston Trade Boston, Feb. 5. Reopening of th Australian wool sales, the defeat of th cloture rule in the senate and the indefinite postponement of the Boston auctions have vied with each other in attaining the attention of trade this week. In this market the leading feature has been the operations of the spinners of knitting yarns, who have been buying quarter and three eighths' blood territory and fleece wools with consider able freedom. These rrarchsses have keen m.H, Wh v.m and at concentration points in the West. They have relieved the situation in these wools here to some extent, and also are notable because they mark the beginning of a break in some of the big holdings of consigned wools. A fair movement continued in territory wools. These have attracted the knitting yarn spinners who hav been operating lately. Some dealers say that prices have been advanced on some grades of territory. Others say they have been unable to get an advance, though they acknowl edge that the market?. 2s' in better shape. The last sale of choice graded staple territory wool reported was made at 95 cents. Receipt for the week were: Domestic, 477. 600 pounds; foreign. 13.073,120 pounds.; Claim Wheat Contracts Spokane. Wash., Feb. 5. , Approximately 16.250.000 bushels of th 1921 wheat crop has been contracted for by wheat growers' asso ciations, according to Secretary Adam of the Washington and Idaho Wheat Growers' associa tion. Of the total wheat contracts for th four states. 8.000,000 bushels are from Washington, 5,500,000 from Idaho, 2,000,000 in Montana and 750,000 in the recently Organized Oregon association. Th contracts of the Washington, Idaho and Oregon associations will be valid only if 15,000,000 bushel are signed in these three states. San Francisco Pomltry Market San Francisco, Feb. 5. (U. P.) Broilers. 62 (g 67c; large hena, 35 37c; best ducks. 80 (p85o per lb. FRENCH BOND OFFERING Our New York correspondent has In structed us to offer subject to prior sale and current exchange rates tne unsold portion of 50,000,000 Francs Paris Orleans Railroad Co. The principal and Interest on these Bonds is guaranteed by the French government and are non-taxable to American holders. 1 . j : RODEMPTION j This issue of Bonds la redeemable at par by drawings not later than 1956.-. . , .j . ;. DENOMINATION All Bonds Issued in denominations of lOCk) Francs Each Normal Value $13 Daily Quotations and Terms fur nished Upon request. H. E. WILLS COMPANY FO&EIGX BOSTDS IM Hesry Bldg. j Bdwy. lilt results are plainly visible to those who are willing to see them. There are several reasons for this enormous increase in the poultry and egg production of the Northwest and especially of Oregon and Washington. The war brought forth the highest prices on record, but to some extent this advantage was lost by reason of the extreme price of wheat and other feeds. ; t The one big reason for the Increase in the Industry is that success is being built from the failures of other years.' There are successful commercial henneries today where a few years ago most of them were failures from the standpoint of profit and investment. , V " I ' Toe Many Dark Days One of the great drawbacks of the noultrv find triArfallv the Pacific Northwest anrl Asruwinllv m of Oregon and Washington, is the great each year. Thin has simav. vn a riment to the poultry industry. Now with many henneries utilizing electric lights, the nroduction has hMn ihnu:in, o ireueve mis: a nen at UDerry, not shut ud tUt 10086 n a farm in China Or British j. mt oouy wmcn nas estaDiisned this To Ask Egg Producers To Form Organization Toledo, Wash., Feb. 5. The Cowlits Valley Cheese association will hold its annual meeting Monday, 10 a. m. The morning session will include th election of directors for the La Camas and Low River district, general business, financial report and discussion on th installa tion of a refrigerating plant in the factory. The afternoon will be devoted to speaking and a general discussion, which will be of benefit to the farmer. Cow testing and cooperative .buying will be among the topics. A representative of tbe Washington Coopera tive Egg and Poultry association will be on hand with a view to starting a local branch here. This seems advisable, since the installa tion of truck service direct to Seattle and Ta coma by Reade A Reade a few weeks ago. a much cheaper way of disposing of them than sending them to Winlock for shipment Yakima Potato Stocks Takima, Feb. 5. Potato census of tbe Takima valley taken under the auspices of the farm bureau organizations 'show there are about 1000 cars still in storage and that 700 of these are below Union Gap. The census was taken by a house to house canvass and the enumerators also took into consideration an in quiry as to the condition of the stock and find a uniform report that the potatoes are keeping well. Stories to the effect that the stock is coming out of pits badly damaged is denied, both by growers and shippers. The price for present movement is around 820 a ton ac cording to George E. , Bryant of the Bryant Emerson company. Arrangements are being made for financing growers for the purchase of imported seed for next year's crop. 6 to 82 MUNICIPAL BONDS CITY AND FARM MORTGAGES SHORT TERM COMMERCIAL PAPER We Buy and Sell Liberty Bonds Western Bond & Mortgage Co. Main 113 80 Fourth St. HEREIN & RHODES, INC. (Established 1896) ' SKATTLK .PORTLAND TACOMA fast Privat tu Plex wire COAST TO COAST. Stacks, Bonds, OreJn. Cotton. Forafga Ex- ALL MARKETABLE SECURITIES . Members Chicago Board of Tired. CuTTponrlsnt K. I. Hnttoi as c, Raw Tort Stock Escrwng Raw Yerk Cotton Exehana Rew Orleans Cot ton Exchanw. . LIBERTY ARO VICTORY BONOS. , Headquarter lor Buying and toelnas AH Issnea. Lavrj or MmsUl sus. -. Railway Exchange BMg. Main CSS. General Insurance BONDS McCargar, Bates & lively Veen Birildjnr-Main 168. A-2694 J WHOLESALE WHEAT BOBS HIGH AFTER A BAB LOSS Sharp Recovery Is Made Despite All Attempts of International Clique Bears Torn Into Bulb;. PORTLAND WHEAT PRICES Two Four Week Weeks Weeks Sat Ago. Ago. Ago. 152 155 162 165 ISO liO 160 165 I.IO 150 160 162 142 ... 1.1.1 157 145 ... J68 10 140 ... 155 155 Herd white . . . i .Soft white . . , . White club Hard Winter . . . N orthern Spring . Ked Walla . . . . Wheat was under severe depression during the week, and a new low mark was reached on Thursday at $1.45 for hard white, but the market recovered rapidly on Saturday and showed an ad vance of 7c a bushel. ' That the tactics of tbe ' international clique have become even too raw for the Chicago Board of Trade was indicated by the order issued by that body during the week, prohibiting its members from circulating reports regarding the price of wheat in Argentine. The clique and its allies have been using such misinformation to beet down the prices on the American markets. These same tactics hare been utilized all along by the parties acting for the clique, and that they have thus far won out in their cam paign for lower prices has been due principally to the fact that in a measure they are aided by the British government and to a more or less extent by the United .States federal reserve banks, whirh have sent out messages to force further liquidations whenever the wheat price began, to show signs of returning life. W'ith such a power combination againstthe American wheat grower it is small wonder that th price is as high as it is today. One of the very remarkable features of the trade during the week was the announcement bjc some of the most bearish of the Chicaso commission; houses that th price had already dropped tob low. FLOUR Selling price, milldoor: Patent, $9.80; Montana spring wheat. $9.50; Wil lamette valley brands. $8.55; local' straight, $8.30; bakers' local. $9.00; graham. $8.00; whole wheat, $8.20. Price for eity deliveries 15c extra; suburban. 20c extra. i HAY Buying price, nominal. ! Willamette timothy, fancy, $25ff27 per ton; clover. $19; straw. $13(14; alfalfa, $2021 per ton. GRAIN SACKS Nominal. No 1 Calcutta. 10c; domestic, lie, in car lots; less amount higher. I MILLSTCFFS Mill run at milL sacked, ton lots, $36; carloads. $35. OATS Per ton. buying price: Feed. $33 34. j BARLEY Buying price: Teed, $31 32; milling, $33. ; SEKI Buying price, nominal;! T demand. Red clover, recleaned ( per lb.; alsike. ( ); vetch. ( ). i FEEDSTUFFS F. O. B. mills: Rolled bar ley. $41.00; whole barley, $38; alfalfa meal, $30; coconut meal. $30; cracked corn, $43; whole corn, $39 ton; scratch feed, $60; soy bean meal. $50; linseed meal, $62; whole oats. $40; rolled oats, $42 per ton. ROLLED OATS Selling price, $10 bbL Merchants' Exchange bids: WHEAT Feb. March. 150 155 150 150 150 152 142 142 145 145 140 140 3250 3350 SOOO 3023 2950 3000 Hard whit ...... Soft white ...... W hits club . . . . . Hard -winter Northern spring . . Red Walla . FEED OATS BARLEY No. 2 white No bids. CORN No. 3 e.tern (bulk) o. 3 Heal (bulk) San Francisco Barley Market San Francisco, Feb. 5. (V. P.) Barley Spot feed." per cental. $1.15 & 1.25; shipping.. $1.30 1.40. T Overbeck & Cc oke Go. Stocks, Bonds Cotton, Grain, Etc. DIRECT PRIVATE WIRES TQ ALL EXCHANGES Members) Chicago Board or Trad Correspondents of Logan tk Brvan Chicago iNew xorat SH.S17 Board of Trad BiUdlnr iVrV ISSUE! $1,000,000 STATE OF OREGON 4V2 Highway Bonds Dated January l, 1921 FINANCIAL STATEMENT Assessed value, 1920. ...... .21,040,839,049 Estimated real value.. 2,000,000,000 Total bonded debt 21,359,025 Population 192Q census 733,285 ' ' PRICES AND MATURITIES 1926 .4.. .....To yield 5.50 1927 to 1928 ...To yield 5.40 1929 to 1930. . . To yield 5.30 1931 to 1932 .To yield 5.20 1933 to 1945 To yield 5.10 Legality to fce approved by Messrs. Storey, Thorndike, Palmer & Dodge. Attorneys-at-Law, Boston, Mass j 1 ' ' Carstens & Earles, Incorporated I ' Established 181 Government, Municipal aad Corporation Beads TJ. S. TTatloaal Bank Bnlldlag Portland, Oregon Broadway tlto Saa Francisco Los Angeles CITY OF ENTERPRISE, ORE. S General Obligation Imp. Bonds pricb 99.00 .Jif 6.14 7.20 Jan. lTl921 1 : DENOM. Ralph Schneeloch Ca WKvam and crjRPQRAnoN rauxx I LUMBCRMOiS BUtLOrNS - Pdrruum. ( TRADE Edited by Flyman U. Cohen PRICE DEPRESSED IN PRODUCE LINES Most Farm Products Continue on Down Trend Eggs and Batter Are Affected Potato Trade Slow. Depression in various products contin ued in the wholesale trade, with an utter lack of snap in the buying in most lines. Apparently the public has not yet voted down "the buyers strike, or else it has not the money to make th'e usual pur chases. In any event, there was little snap to the wholesale trade, either for farm products or in the grocery line. Just as It looked like th butter interests were out of the bearish streak, what-should come along but a badly depressed California trade. Paget Sound has been tbe bear spot of the entire country as regards butter, but dur ing the week its place was taken by San Fran-, cisco. It appears that the Pnget Sound business depression was much like sea sickness, and it may do better hereafter. When the North be can to show sins of improvement, the local butter trade ex;ressed the hope that the worst wss over.. In fact, there was a noticeable in crease recently in the demand for butter and for the first time in an extended period there has appeared a sufficient volume of orders for cubes to establish a market price. Toward the dosing of the week there was an actual shortage of best quality butter in tbe local field, but the California depression acted ss a check. Portland continues the one bright sit of the entire coast's trade. Egg Situation Weaker Prices again lost rapidly in the epg trade for the week. For a couple of days it looked as if the great bulk of the depression had spent itself, but on Friday there was a further sever .bresk in the eastern marliet and San Francisco acted likewise. Locally the demand for eggs showed wonder ful improvement toward ; th closing of the week. There 'was a greater call from retailers and this took care of a very large per cent of the' increased offerings. Chees Strength Pronounced As reported in these columns for some time past, there has been again a burst of strength tor cheese. Tillamook was practically out of the market, so far as sales recently to the Portland trade are concerned. Despite all efforts of the local trade, supplies from the Cheese City were not available. It appears that Southern Cali fornia has been so anxious to secure Tillamook cheese at this time that it has been paying premiums of lc to 3c a pound above the quota tions established by Tillamook. At the close of the week the market advanced 3e a pound. Poultry Prices Are Reduced Further, price reductions were shown In 'the market for poultry along Front street for the week. Receipts of chickens were rather fair, with th bulk of the stock consisting of heavy offerings of late, with lightweight stock in best call. Turkeys also ruled lower, with quite, fair supplies of dresssed - birds offered. Dressed Hogs Are Affected With the lower price being . quoted for live hogs all over the country, the market for dressed stock showed depression toward the latter part of the week, with a slightly softeuing of, the price. Country killed calves were steady to firm Don't Sacrifice your Liberty and Victory ones We wfW pure has your bonds out- right at prices on th New York market. W York market wire receive the New quotations dally. Call or 'phone OROUNO FLOOR MnsaaTRssRiaa Bun Fspth and str ami B-wa B74 Due Serially Seattle Spokane ?600 Due Jan. 1, 1921 to 191 SMITte CAMP Lt CO, nd in isolated instances gUghUy higher prices r obtained. , Potato and Onions Dd Trade .in both potatoes' and onions was of very nominal character during th week. Tlx re Jlfw enough shipping of potatoes to es tablish price and. a far as onion are con cerned, ther was no outside market whatever. Apple Trad Is Fair . Increased demand was shown for apple t tT PPF, foT small sized stock during th bil th huge sixes were extremely scare and higher in practically all market. Ho Sales Ar Mae ,neJ., bill-in.. tb trad- sale of perhaps i uoo bales of bops- were confirmed In tbe local market during the week, with prices ranging from 16 e to . 21c a pound, according to quality. No contracts r reported. The last of the old English purchases of hop have been shipped. . leaving only- 5000 bate of th 1920 crop, now in aight here. . t Car Heating for Is Experiment . . - . - Wentche. Wvib.. Feb. Retnrninc ta " . w -wmva a-s J t l( IK i mad a trip to experiment in' the nesting 'of reingerstor cart, Edwin Smith, mauacar ot tbe-i iocm traffic association, said th party's observa tions corroborated "with .what they observed dur- .... """( we in uecemoer. xner was one Urovernment ear in the train, th trip taking 10 I flMVK. Mr Ktn.1,1. . 1 . . , ' . vuw r iviur was oeteu with burners -consuming charcoal and burned 18 hours without renewal. ' Under the present sys tem, n said, burner are placed in the ice bunkers -of refrigerator cars. Th air flows straight up from the burner and spreads 'out under the ceiling. .There is practically no radia tion to the side, where th bunkers and boxes of apples oppose it. In order to warm the bottom layers, the air must circulate. One way ia to draw the cold air from th bottom layers to the stoves, To find practical methods to, do this is tne object -v our experiments, " he added. L nder the old " system, th ham is 22 Inches from the car floor. It drawa cold sir in on a level with it, but not below k. The result is that the air above th two lower layers of boxes become stagnant." Air. Smith ex plained. - : - lUHiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiriiiiiiiii Igjiiiiiiiiiiiiiiiiiuiiriiiuiiiiiinmiiiiii,, 1 The Ideal Investment 1 I .' Combines These Features I I 1 Security of Principal 4 Marketability 2Stability of Income 5 Acceptable Duration 3-T-Fair Income Return 6Potential Appreciation ANALYZE THE - ' Portland Gas & Coke Company E v First Lien and General ."Mortgage " 19-YEAR 7 GOLD BONDS 5 ' . in the lijrHt of these requirements. 1 lSECURITY OF PRINCIPAL S ecl,red by mortjrasre on essential property worth almost double, th ' fnUentb.tI1,0 fllcy Proh"0ympetition duplication of 2 STABILITY OF INCOME - ' I E lES?1 Jerlv? sai of, a pablle necessity, IitUe affected by hard . times. Present net earnings 2.6 times interest requirements. Fair rates are assured by Commission rejjulation. air rates 3-r-FAlR INCOME RETURN I 4 MARKETABILITY The Company is well known and hijrhly rejrarded throughout Hie country. .-"."l" re r,tJ.1?rlT. BO?'d ,B ' financial Journals. Affiliation of Company with- the American Power & Light Company, and the Electrlo iiond & Share Company adds to marketability of securities. 5 ACCEPTABLE DURATION 1 UPAl yleM 9' H onds during the past few months has been hieTher than at any time since the depression following- the Civil War ' . IonermVbondsrfodr Invtrnent now is tb U to.b ' 5. 6 POTENTIAL APPRECIATION As interest rates tend back to normal, and as the purchasing: value of the doUar approaches normal, bond prices are bound to advance in proportion. E We JReeommend These Bonds, as aa exceptionally Attractive Investment . We Offer Our Participation of $100,000 7LQf I AT 95 sAND INTEREST, YIELDING '2 Q- 1 Clark, Kendall & Go., Inc. I E , FIFTH Alfn 8TAEK 8TSEETS FOBTLAXD, OBEGOX E iiiitiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiiij If sixty-one years of continuous service as a, financial institution means anything, to you as a bond buyer, then the Ladd & Tilt on bank recommends itself to the caret ul investor. - i . . - . - ' ' We offer for Investment our allotment in a new local tsrroe ot ! $80O,CrOO : Portland Gas & Coke Co. 7 Per Cent Gold Bonds Dated January 1, 1921 Due January 1 1940 Denominations $1000 The bonds are secured by a general lien on all property of the company and additionally secured -by the deposit with the Trustees of an equal principal amount of the company's first and refunding mortgage 6 bonds. These bonds present an exceptional investment opportu nity in one of our most essential utilities. The Portland Gag & Coke Co. is a permanently established and growing- con cern, and we recommend these securities as a conservative and attractive investment. Full details on request PRICE 95 AND INTEREST P Yielding 1 Oldest m the Northwest WASHINGTON AT FAR1V11 MORTGAGES e have ready for immediate delivery farm loans in amounts from 500 to 10.000. r To Yield 6 to .7i Farm Mortgages are one rof. the most conservative of all investments Hevereaux Mortgage (ompany 87-6T3 ST. " ; GROUND FTjOOR Hood River Will Force Owners to -: Care for Orchards Hood ltiver, Feb. 5. With the cwtly - lesson of th past year before tlwrn, fruitgrowers of this section have besieged Uie county curt with demands that n. expert orchard inspeetor be appointed at a -salary not to exoced 83000 per year, and tliat he be given full jbver to older spraying of fruit tree or "remov"i when net-esse ry. The reason for this request, which was grantrdr by the county court, is that the dresd Ciseas anthracnoe k steadily extending iu rang ot destruction. The orehsrdist Uo fol low the advice of the local exiwriment statHin and purs on his ppra.v -ur or five 'lines je ha had to . contend with his le candul Iwigh bor. who sometimes did not spray at all and even when be found that nthramose was in his orchard, made no real -effort to eradicate It. Another source of diseae is th urt hard of the absent- owner, which in sntrra cases has gnne aeveral years without spraying, and m or two uf tiieee orchards have become incubation tor must of the diseases and peats which add to xub ove oj even rareiui growers, '.It is how planned to secure a fUM Iniqicvtor who will not- Hiten to eirmes fur diira-i i orchards and lie will probably be veiled viiUi lowers, in the event 'of an ,orchardit nlectmi bis orders, to have th treo stnay,-d and the cost charged against th pmperlj as irrigaUmi eou are now charged. - It is claimed that by Oils means ail orchard! in the-vslcy wiil. wrtlun a few years, be bntiirt back lu Umir fonnt-r Hgh standard of perfection and there- will not be any more oiienings for complaint on the part of shipper of fruit breaking dwo In storage. Frepare for Lanihinsr OnUrio. Feb. 5. The flockmaster In , the feed yards in. this vierni- are preparinu for rebruary lambing, which will be in full prog rees next week. The season is favorable ft cept many feed yards snd sheds are inu.i.lv necessiutlng extra eare o( the ewes. A Bi average of ainiroximately -100 per cent' is ex pected in lambs. 7V2 THIRD 7?Sixl;. - e"": II ; BROAOWAV 1042 WELUS FAR60 BLD6.