13
WEDNESDAY, FEBRUARY 16, 1921.
THE OREGON DAILY JOURNAL, PORTLAND, OREGON
MYSTERY OF LOW! WHEAT QUOTATION IS UNSOLVED
EGG BIDS ADVANC
E
IN LOCAL TRADE
WEDNESDAY J1AIRY PRODUCE
Top Batter Ess
Portland 43c 5e
hlraa-o 4S4c Sic
Nan Francisco 62c $214e
7iw Tors. 4Hc Se
SeaUle 6Se 3Sc
Los Aurtlri 54c Sic
There in an extreme shortage of eggs
In the Ircal market and bids are. nomi
nally hipher, although the big operators
are purchasing only to fill orders.
In the Front street trade there was a further
advance in the bids for ees. An extreme scarc
ity of offering and an inability of the taade to
fill orders causal moiit of the wholesalers to
seek stock at. a riha of about 2o a dozen over
previmia quotation.
While the ailranee in eggs is believed to be
a tmtorary affair, the market will likely
be influenced by weather eomtitinns fur some
time to come. Coast market especially hare
shown remarkable strength recently and Port
land is today the low point of the Pacific North
wiwt. whUe fur months past it ha been above
Jng-t Bound.
It is not sdviwble for the country to with
hold it esgs from trie market because of the
lateness of the season.
CZ&MAR.ICET
BASK.ET .
RETAIL, PRJCXJ. . "
, Br Hyman It v Cones
While the season for salmon catching
will end March 1 along the Columbia,
the Willamette will be open for fishing
until March 15. In the meantime con
sumers are, receiving more liberal stocks
of fresh salmon, although prices remain
CLAIM DALLES MEN
QUOTING TOO LOW
Those desiring special information regarding
any market should write .the Market Editor.
Oregon Journal, enclosing stamp for reply.
BTJTTKU F1UCF.S HOLD STRONG
Market for but'er continues to reflect strength
here, but no f urthcr price changes were an
nounced for the day? The output of fresh stock
is at the moment below ei-tual requirements, so
far a extras are concerned.
CHEESE SCARCITY IS SERIOUS
Very serious scarcity of cheese supplies con
tinues in the local territory. Anything in the
way of cheene is easily saleable today within a
fraction ol extreme prices available for tlie Tilla
mook, which is scarcely in siuht at the znomenu
COUNTRY MEATS ARE UXCJIA5GED
No change was made in the price of country
killed meats along the street for the day, al
though somewhat increased offerings are shown.
Top calves are selling around 19c, with best
lightweight hogs at 13 He.
FISH SUPPLIES REMAIN' LIBERAL
Ttather liberal supplies of smelt are being of
fered at 2 i box, or 4c a pound. Chinook
salmon it selling at 2Se with head on. or 3e.
with head off. while steelheads are at 2 8 27c.
Halibut remains unchanged at 3 8 (9 23c.
POULTRY MARKET HOLDS STEADY
Market for poultry is holding about steady
here. Ke-eipts of late hare been Tery moderate
and a ciiuck cleanup of offerings is shown at
the prices quoted by The Journal.
BRIEF NOTES OF PRODUCE TRADE
Very low priced o-anges remain.
Apple consignments increasing; prices un
ch nged.
Cooking oil prices generally wesfcer.
Sugar market stronger in the Kast
1'otato prices weaker for anything except best
Quality.
WHOLESALE PRICES ITT PORTLAKD
Soft white
. . ' . .... : " ," 7 Man winter
KiiMjKs tL iresn craos ana nsuuui i i u
good supply ; all at former prices.
Consumers are eating more prunes
than ever before. While the better class
stock is generally selling around 10c a
pound at retail, dome of the downtown
places are offering smaller sizes below
this. The best, however, is the cheapest
art the higher price.
Kffgs are temporarily higher, and the
latest advance in butter la now effective
generally in tho retail trade. Likewise
the higher price for sugar.
The following prieVa ruled generally in retail
shops for good quality. Home values are frac
tionally higher, inferior stuff fractionally lower.
Butter Fresh creamery. 60c.
Kggs Fresh laid, extra, 40c per doeen.
Poultry Chickens, dressed, 38 40c lb.
Fish Salmon, 30 50c lb.; halibut, 30c
lb.; Columbia river smelt, 3 pounds for 25c."
Flour Best local patent. $2.75 3.00 per
sack 40 lbs.
Potatoes Eurbacka, $1.25 1.75 per sack.
Onions 2c lb.
Maximum prices on the Portland public mar
ket: Cabbage, 2e lb.; cauliflower, 20c head;
carrots,. 2c lb.; celery, 13c head; celery hearts.
15c; onions, 2c lb.; parsnips, 2c lb.; squash,
2c lb.; turnips, 3c found; potatoes, l4c lb.;
dry beans, 7c lb.; prunes. 12 He lb.; comb
honey, 40c lb.: bulk honey, quart, 90c; pint.
4 7c; ducks, 60c lb.; geese. 4 5c lb.; cottage
cheese, JJOc lb.; hens, 33 W 35c lb.: fryers, 36c
lb ; eggs 35o dozen; butteT, 60c lb.; milk,
13c quart.
WEDNESDAY WHEAT MARKET
( Rid. Loss
Hard white $1.56
- l.iS
l.JS
1.45
Xorthern spring- 1.45
Red Walla 1.40
PRICE STATIONARY .
INLOCALALLEYS
Hojr.
Portland fll.SO
e Chicago l-25
C j Omaha t.49
J ! Denver 9.85
" i Kansas City 9.55
5C
Steer. Lambs.
i 8.25 s.o
18.65
8.S5
6.75
9.00
8.7
8.15
7. SO
8.00
Rush to Sell at
Start Forces a
Lower Quotation
Chicago.. Feb. 16. L N. a) Wheat
closed weak and sharply lower In the
lead of other grains. The market was
a nervous affair all day and fluctuations
were wide and rapid. Provisions closed
lower.
Resting prices for March wheat were
at declines of 4 cents, and May dropped
34 to 3lA. May corn declined lhi and
July lfe to 1 oft. May and July oats
were 1 lower.
NORTIIYVEST GRAIN RECEIPTS
(Reported by Portland Merchants Exchange.)
Cars
! Wheat. Barley. Flour. Oats. Hay.
Portland. Wed . . 3 9 1 7
Year aio . . . . 33 ... 13 1 8
Season to. date.H4l IS-' '..".4 375 1640
Year aeo 605 169 2875 404 1320
Trom, Tuesday 1 'I ... 3 1
Year aso 33 3 1" ; - -
Season to date. 3374 47 6S 94 S2
Year ago ... 5112 71 19H3 140 657
Seattle. Tuesday. 11 ... 2 1 1
Year ago .... 41 ... 1 ... 1
Season to date. 3655 1RI 267 312 1091
Year ago 440S 227 542 502 1048
Astoria, to date. . blH 2 56 23 53
Year ago .... 805 5 ... ( 7 4 6
PORTLAND LIVKSTOCR KT'X
Hogs. Cattle. Calves. Sheep. Cars.
Wednesday 221
Week ago 1773
Two weeks ago. . 20
Four weeks ago . . 1 90
Year ago 119
Two years ago... 442
Three years aso. 270
Four years ago.. 147
90 4
2 ... 558 18
125 2
121 3
140 6 544 10
143 6
72 1 . . .
196 3 86 7
ERRATIC PRICES FOR COTTON
SHOW2T IS NEW YORK
. New York, Feb. 16. (L N. 8.) The cot
ton market waa irregular at the start today at
12 points advance to 17 points decline. Spot
houses were the principal sellers at the opening,
while Wail street commission and wire "houses
were fair buyers. Liverpool sold. There was
considerable selling for profit by recent pur
chasers, but this cotton was scon absorbed and
the list held steady later on the basis of $14.50
for May. Private messages again reported bet
ter business at Manchester. Continued strength
in foreign exchange was one of the bullish in
fluences. The cnarket showed a weak tone In the late
dealings but the close was steady at a net loss
of 22 us 30 points.
Spot cotton was quiet 30 points lower at
u.iu. iso sales
Open. High. Low. Close.
January 1522 1532 1515 1515
.March 1395 1410 1362 1362
May 1455 1459 1410 1412
July 1480 1492 1445 1445
October 1510 1523 14H3 14S6
December ... 1523 1540 1503 1510
These are prices retailers pay wholesalers, ex
cept as otherwise noted:
Dairy Products
BCTTER Selling price, box lots: Cream
ery, extra, parchment wrapper, B3c per lb.
Jobbing prices: Cubes, extras, 47c per pound;
uairy, buying price, 20c per lb.
Bl'TTKHFAT Portland delivery basis. No 1
grade. 51c; No. 2. 4Sc; country stations. 46 &
47c per lb.
C1JEF.SE Selling price: Tillamook, fresh
Oregon fancy triplets, 36c per Tb. ; Young Ames
ic.s, 37c lb. Prices to jobbers, f. o. b. Tilla
mook: Triplets 33c: Young Americas. 34c;
riellitur price: Block Swiss, 3H(d40c; limburger,
36(i3Se lb.: cream brick, 86 38c per lb.
K';:8 BnTing prices: Current receipts.
,2729c per doren ; caudled, selling price. 31
(82Sc rer dozen; select, 35c per dozen.
I.1VF. I-orl.TKY Selling price: Heavy bens.
2SC per lb.; light hens, 25c lb.; priwrs. hens,
3 On lb.; heavy, 27c per lb.; old roosters, 14c
per lb.; turkeys. 40e per db. : dressed, 40 0 55c
per lb ; chicks. S540o per lb.
Fresh Vegetables and Fruit
FTtESH FRT'IT Oranges, $2.50 4.30 box;
hananaa, lid 12c per lb.; lemons. $4 00 fa
4 75 -ase; grapefruit, Florida, $6.50 9.00.
APPLES SI . Ml 3.25.
PRIED FRUITS Dates. Dromedaries. $6.85
(fr7 00; Farda. $3.50 s 3.73 per box; figj.
$3.754 00. I
ONIONS Selling price to retailers: Local,
$1.25; garlick, 15c; green onions, 40c per
dozen bunches.
POTATOES Selling price: Oregon fancy,
$1.00 C 1.23; sweets.- Tenn., $3.50 hamper.
BERRIES Cranberries, local. $6.0i6.25
per box: eastern, $19.00 hb"
VEGETABLES Turnips. $2.50 per sack;
carrots. $1.50; beets. $2.00; lettuce, $3.50
8.75 per crate; egg plant,. 3 5e; broccoli, $1.85
2 25: bell peprers, 25c lb.; celery, $1.00
1.25 dozen; Hubbard squash, 22Hc lb.; rhu
barb, hothouse, 20c lb.; Mexico tomatoes, $5.00
(4 5.50 lug.
Meats and Provisions
COrNTRT MEATS Selling price: Country
hogs, 1 S 6 1 5 c Ier lh. for top blockers, about
125 t 150 lbs., heavy stuff lower; veal, top,
80 to 110 lbs.. 19c. heavy stuff Vsa.
SMOTtED MEATS Hams, 3033e per lb.;
breakfast bacon. 20Mc.
I4AKD Kettle rendered. 21 Ho lb.; tierce
basis, compound, 134 c
Fish and Shellfish
FRESH FISH Stcelhead. 26 27c per
pound: chinook. 28 S 30c: haiibut. fresh. 18
23c: sturgeon, f ); black cod. llS12e; kip
pered salmon. $1.30 per 10-lb. basket; kippered
cod, fl.HH; razor clams. ( ) ; crabs, $2.75(9
3.75 dozen; ling "cod, 6 7o lb.; Columbia
MQflt. 4c pe.r lb.
OYSTERS Eastern, per gallon, $5.00;
ClymiHa, $5.50.
sQ rofH s$3
RFRATt Refinery basis: Cube, $10.50 :
fruit ami berry. $8.75; D yellow. J8.15: beet
granulated. $3.65; extra C. $7.53; Golden C,
8 25.
HONEY Per case, $7.75 0 8.00; bulk, ISc
per lb.
RIC'F Japan stjle. No. 1, 5H5e; Blue
Rose. 7 H s'8c rer lb.; New Orleans head. 10c.
COFFEE Boasted. 19 31c;, in aacks or
drums.
8AET Coarse, half ground. 100s, $17.25
per ton: 50s, $17.83; table dairy. 50s. $27. 25
bales, $3.504.00; fancy table and dairy.
$34.50: lump rock, jh.mj per ton.
BEANS Sales by jobbers: Small white,
5 He lb. : large white. 5 He: pink. 7ic per lb.;
limas, 8 " c ; bayou, 1 1 H c : reds, 7 k c ; Oregon
beans, buying prices nominal.
CANNED MILK Carnation, $6.00; Borden.
$6 no; Astor, $5.90; Eagle, $11.30; Libby,
$5.9t: Mount Vernon, $5.90 per ease.
SODA CRACKERS sVln bulk, 17c per lb.
NUTS Walnuts, 2S2o rr lb.; almonds,
27C28e; filberts. 32c in sack lots; peanuts,
14H(&15c; pecans. 25c: Brazils, 85c
Chicago Dairy Prodoce
Chicago. Feb. 16. (I. N. S.) Butter Re
' ceipts,- 4339 tnbs. Creamery, extra, 45Hc;
first.s, 37i43Hc; packing- stork. 14lSc
Ecs-lte-eipu. 12.317 cases. Miscellan
eous, 29(.'31c; oniinary first. 2829c;
firsts. 31H.y32c; checks, 27(S28c; dirties,
28c29c.
fhecse Twins, new. 244'24He: daisies,
. 24 H eSc: Voung Americas. 23 H tf 26c; loixa
horns, 26HW27c: bnck, 02OHc
Live l'oultry turkeys. 43c; chickens, 81c;
wirings, 3lc; rooster, c; ceese. tc; ducks,
3 So.
SnEEPMEW APPREHENSIVE
BECAUSE OF SNOWSTORMS
Brownsville, Or., Feb. 10. The Calapooia
river valley is still in the grip of. the blizzard
which struck it Sunday afternoon, and has had
two ; rate snowstorms since that time. Sun
day's storm of about two inches had scarcely
melted away when the clouds gathered again
on Tuesday night and laid another two inch
mantle on the valley floor. Stockmen, espe
cially sheepmen, are apprehensive, for the storm
is evidently not fet broken, and they stand to
lose great numbers of lambs. A farmer up
the river phoned in that he had 24 head of
cattle and .no feed for them, and a cattle buyer
went up to buy the stock and thus save it from
perishing.
AMERICAN LIYESTOCK PRICES
Chicago Hogs $1 0.25
Chicago. Feb. 16. (L N. S.) Hoes
Receipts 20.000: 10 25c lower. Bulk. $9.00
g9.75; top, $10.25; heavyweight, $9.00s
9.30; medium weight, $9. 1 0 ( U.95 ; lightweight,
$9.609l0.20; light lights. $9.85 10.30s
heavy packing sows, smooth, $7.35 8.75;
packing sows, rough. $7.83 8.85; pigs, $9.00
(9 1O.10.
Cattle Receipts 6000; strong to 25c Higher.
Beef steers Choice and prime, $9.0O
10.65; medium and good, $8.40 9.90: good
and choice, $9.00 010.25; common and medium.
$7.25 g 9.00: butcher cattle, heifers, $5.00 As
9 00: cows. $4 00r7.80; bulls, $4.25$ 6.00;
canners and cutters, cows and heifers, $2.50
f 3.75; oanner steers, $3 50 & 5.00; veal calves
(light and handy weight). $9.00 9 12.00:
feeder steers. $6.75 9.75; stock rr steers, $5.50
0 8.00; stocker cows and heifers, $3.75 6.00.
Sheep Receipts 17,000: generally steady.
Lambs (84 lbs. down), $7,006 8.75; lambs (84
lbs. up), 6.008.50; culls and common,
15 50 (a-6.51): yearling wethers, $5.00 6.25;
ewes, $3.25 4.85; culls and common, $2.00
Iff 3.00; feeder iambs, $6.00 0 7.25.
Omaha Hogs $9.40
South Omaha. Feb. 16. (L N. S.) Hogs
Receipts 19.000; steady to 15c lower. Bulk.
$8.25 9.25; tP. $9.40.
Cattle Receipts 5500: beef steers 15 25c
higher; top, $8.65: she stock steady to 25c
higher, bulls and veals steadq, stackers and
feeders steady to strong.
Sheep Receipts 5000; killers 25 50c higher.
Bulk handyweight lambs. $7.25 (J, 3.00; top to
shippers, $8.15; early top ewes. $4.63; few
feeders included.
Denver Hogs $9.35
Denver, Colo., Feb. 16. (U. P.) Cattle
Receipts, 600; weak. Steers, $5.50 6.75;
com and heifers, $4.40 6.00; stock ers and
feeders, $5.506.50; calves, $8.00 S 11 00.
Hogs Receipts, 1600; strong. Tops, $9.35;
bulk. $8.33 fe 9.25.
Sheep Receipts? 2200; strong. Lambs,
$5.50 7.50; ewes. $2.75 ( 3.75.
Kansas City Hogs $9.65
Kansas City. Mo.. Feb. 16. L N. R.)
tattle lleceipt. 4oOO; active. Steers. S7.00
9.00; cows and heifers, 1 5.50 (a-8.00 : stack
ers and feeders, X 6.00 ( 8.60; calves. $7.00 &
11.O0.
Hogs Receipts, 11,000: slow. Bulk of sales
$8.50 r 9.20; top, $9.55; heavies. $8.50 (
9. OK; lights, $9.25 ,9.35; mediums, $9.10 &
9.50.
(sheep Receipts, 6500. Lambs. $7.50 (
8 00; sheep market steady. Ewes, $4.00
4.50.
There is at rear mystery in the wheat"
trade at thistime. A special advice
from The PaJles says that representa
tives of Portland export and milling
branches as well as milling interests of
The Dalles were a unit in declaring that
$1.05 was the extreme price available
there for wheat. This is flatly denied by
all Portland grain houses that have
branch buying establishments at The
Dalles.
Max H. Hooser. president of the Portland j
Flouring Mills company and head o toe 1 a
cific tjrain company, says the report is too
absurd ; to consider at ail, because the prices re
ported 11 the extreme at The Dalies are far
below all reason.
Joseph Oanong of Kerr-Gifford Co., says
that evidently some mistake has been made by
The Dallea buyers, because no such low price
si $1.05 per bushel is even thought of.
The Portland prioe' of wheat Tuesday was
$1.00 for blueste-m on the Portland Merchants'
exchange, but actual bids in the country were
made on the basis of $1.62 per bushel. The
freight rate from The Ladies is close to lOo
per bushel.
Portland exporters are keenly seeking wheat
at the price basis quoted and the only difference
between the price at various country points and
this city is the freight and warehouse charge.
The wire that ereated all the dispute follows:
"The Dalles, Feb. 15. According to advices
received here, exporters can pay no more than
$1.25 for No. 1 export grade wheat. This
means from $1 to $1.05 for best grade of
wheat to the interior growers. Portland 'is now
bought op on its export requirements into March,
it is said, and no wheat is wanted by them.
And they have instructed buyers that if any is
to be bought, it is on the understanding that
it is for requirements after March, and not more
than $1.25 will be paid. Argentine conditions
are responsible for thia
"Buyers here say Portland exchange prices
are offers for spot, present emergencies, small
lots, and do not indicate the regular market
at alL"
FLOUR Selling price, mill door: Patent,
$9.80; Montana spring wheat, $9 59; Willamette
valley brands, $8.55; local straight. $8 30;
bakers' local. $9.00; graham. $8.00: whole
wheat, $8.20. Price for city deliveries, 15c
under: suburban, 20c extra
HAY Buying price, nominal. Willamette
timothy, fancy, $25 027 per ton; clover, $19;
straw. 13(3H4: alfalfa. $202l per ton.
GRAIN SACKS Nominal. No. 1 Calcutta
10c; domestic. 11c. in car lots; less amounts
higher.
M1LLSTCFFS Mill run at mill, sacked, ton
lots, $34; carloads, $33.
OATS Per ton, buying price: Feed, $33
34.
BARLEY -Buying price: Feed. $31 32;
milling, $33
SEED Buying price, nominal; no demand.
Red clover, recleaned ( ) per lb.; aisike.
t ): vetch ( ).
FEEDSTUFFS F. O. B. mills: Rolled barley
$41; whole barley. $38; alfalfa meal, $30;
cocoanut meal, $30; cracked corn, $43; whole
com $39 ton; scratch feed, $58; soy bean meal.
$50; linseed meal. $32; whole oats, $40; roUed
oats, $42 per ton.
ROUJ5D OATS Selling price. $10 barrel.
Merchants Exchange bids :
WHEAT
Feb.
150
. 153
. 153
. 145
145
. 140
FEED OATS
. . 8500 3475
. 3250 3230
BARLEY
3100 8100
. . 3000 . 8000
CORN -
3 eastern (bulk) . . 3200 3250
Four loads formed total arrivals for
the Wednesday trade at North Portland.
A week ago there was a big bunch of
hogs in from the East for local packers
to swell arrivals. All lines showed prac
tically unchanged prices.
In the hog alleys there was a steady tone for
the Wednesday trade at North Portland. Ar-
vais were ot umiteo: volume ana prices snowea
correction in
no changes whatever, except
rough heavy nogs.
General hog market range:
Prime lhjht
Smooth heavy
Rough heavy ...........
Fat pigs
Feeder pigs 10.00 1100
Cattle Continue Nominal
There was practically nothing at all doing in
the cattle market at North Portland Wednesday.
Not a single carload came forward and former
prices were considered steady.
Oeneral cattie market range:
Choice ateers
Medium to good steers. ......
r air to good steers . . .
Common to fair steers .......
Choice cows and heifers ......
Medium to good cows and heifers
Fair to medium cows and heifers
Common cows and heifers
Canners
Bulls
Choice feeders
Fair to good feeders
Choice dairy calves
Prime light calves
Medium light calves .........
Poor calves
Sheep Hold Steady
With only a small supply reported in for
(he day, sheep and lamb market was considered
about steady Wednesday at North Portland.
General heep market range;
Ewt of mountain lambs S 7.50 8.00
Willamette valley lambs 6.60 7.00
Heavy lambs 6.50 7.00
Feeder lambs 6.50 6.50
Light yearlings 6.50 7.00
Havy yearlings 5.60(ie 6.0O
Wethers 5.00 8.00
Cull lambs 4.00 5.00
Ewes 1.00 4.00
Tuesday Afternoon Sales
COWS
.$10.50 11 00
. 10.00 ( 10.60
. 6.50 9.00
1 0.00 i 11.00
.$,7.50 8.23
. 6.75 7.50
6.00 6.75
5.00 6.00
COO 6.75
5.50 6.00
5 00 5.50
4 00 6.00
2.00 4.00
4.50(9 5.O0
6.00 ( 6.50
5.00 6.00
12.00 13.00
11.00 12.00
9.00 10.00
6.00 7.50
Range of Chicago prices as furnished by the
United Press:
WHEAT
Open. High. Txtw. Close.
March 173 174 170H 171 H
May , 164 H lOS'i 160 161 H
CORN
May ....... 72 724 71H 71
July ....... 74 V 74 H 73 71
OATS
May 46 . 46 43 T4 48
July 46T 47t 46H 46H
RYE
May 146 147 145 145
July 130 H 130H 128 129 H
BARLEY
May ....... 67 67 H 67 67 H
PORK
May 2165 2190 2150 2150
LARD
May 1240 IMa 1225 1225
July 1277 1277 1260 1262
; RIBS
May 1150 1155 1130 1132
July 1185 11S5 1167 116T
SHORT TERM NOTES -Quotations
furnished br Clark. Kendall
Co.. Inc.:
Security Maturity.
Am. Cotton Oil 6s... 9-2-24
Am. T. & T. 6s. . . . .10-1-23 .
Am. T. & T. 6s. . . . . 2-1-24
Am. Tob. 7 ... 11-1-23 k
Anglo Am. Oil 7 Hs. . 4-1-25
Armour Coav. 7s.. 7-15-30
Belgian Gov. 7 Ha..., 6-1-45
Bele-ian Gov. 6s..... 1-1-25
Beth. Steel 7s. 7-15-23
Beth, Steel 7a T.15.22
British Govt. 5 H .... 11-1-2 1
British gov. a Ha. 11-1-22
Canadian Gov. 5 H s . . 8 1-21
Canadian Gov. 5Hs., 8-7-29
Oudahy Packing 7s.. 7-15-23
Inter. It T. 7s 9-1-21
Japanese Gov. 4Hs. 7-10-25
Kennecott Cop. 7s... 2-1-30
Ligg. Myers Tob. 6s. . 12-1.-2 1
Nor. Pae. E'p 7s... 5-15-22
Pacific Gas 7s. 5-1-25
Swift 6s 8-15-21
U. 8. Rubber 7s 12-1-2
Bid. Asked.
SO 92
964 994
95 H " S
9H 100U
99 ; J00
-.-. 7
7 '7
, 0H 91
96 97 4
98 99
99 99
94 95
99 H 89
91 91
97" 98
67 9
81 82
B0 02
98 99
100 . . .
87
98 98
97 98
Sew York Butter and Ergs
New York. Feh. 16. (I. N. 8.) Butter
Msrfcet active, firmer. Creamery extras ( salted
and unsalted), 4648H; do firsts (salted and
unsalted), 4347; do higher than extras (salt
ed and unsalted), 46H49H; state dairy
tubs. 28 45.
Cheese Market irregular. State Whole
milk specials, 23H27; do fancy, 2225H;
do lower grades, 1221H. Wisconsin Whole
milk. fancyoung Americas, 27 29. State
Skims, speciaiiv 1 7 H 1 9 ; do choice, 13
16 : do fairro good, 11 12; do lower grades,
810.
Eggs Market weak; nearby white, fancy, f0c;
do brown, fancy, 39 40c; extra, 38c; firsts,
33 36c.
Bard white . . .
Soft white ....
W hite club . . .
Hard winter . . .
Northern spring
Red Walla
No. 2 white. . .
No. 2 gray . . .
Brewing ......
Feed
March.
lo 6
105
155
145
145
140
April.
156
153
135
145
145
140
34 75
3250
3100
3000
No. Ave. lbs. Price. I No. Ave. lbs. Price.
1 900 $ 5.00 I 1 890 $ 2.25
, 1.... 460 8.00 4 807 5.75
CALVES
2.... 255 $ 6.50 I
BULLS
1 1630 $ 5.00 1 1....1460 $ 4.00
1 1090 3.00 I
HOCS
17 181 $11.00 49.... IBS $11.00
1..,. 630 9.0O 5 174 11.00
1 200 8.75 1.... 190 11.00
10.... 78 11.00 24 110 11.00
15.... 73 11.00 11 70 11.50
47.... 97 11.00 2 125 9.00
3 243 8.00 6 . 226 9.00
2.... 125 10.75 11.... 171 11.10
6.... 210 11.00 1.... 290 11.00
8.... 155 11.00 4. ....195 11.00
1 250 10.00 1.... 310 8.50
1.... 420 8.00 8.... 197 10.50
4 200 10.85 6 168 10.85
1.... 140 10.O0 1.... 160 10.50
1 180 11.00 7.... 164 11.00
1 390 9.00 3.... 290 10.00
8 266 11.00 22.... 234 10.75
LAMBS
284.... 83 $ 8.00 67.... 63 $ 6.00
143 67 5.00 25.... 60 5.00
199.... 71 6.00 198.... 69 6.00
257.... 66 7.00 201.... 89 7.40
BUCKS
21. . . . 180 $ 3.00 I
MIXED
21. . . . 135 S 5.60 1
Wednesday Morning Sales
HOGS
No. Ave. lbs. Price. I No. Ave. lbs. Price.
21 71 $10.50 I 9 172 $10.00
No.
3250 3250
3250
8250
No. 3 local (bulk) .
Sales: 100 tons No. 2 white feed oats, April
delivery, at $35.00; 200 tons No. 2 white feed
pate, April delivery, il.oU
DAIRY PRODUCTS OF THE COAST
San 'Francisco Market
San Francisco, Feb. 16. iUP.) Butter
Extras 52 c.
Eggs Extras 32 He; extra firsts 32c: firsts
31 He; first extra pullets, 30 He; undersized
pullets 30c
Cheese California flats fancy 24c.
Los Angeles Market
Los Angeles, Feb. 16. lL N. S.) But
ter 54c.
Eggs Extras, 34e; case count, 33c; ' pul
lets. 32c
Poultry Hens, 33 34c; broilers, 4055c;
fryers, 53 c.
Seattle Market
Seattle, Feb. 16. (U. P.) Eggs Fresh
ranch. 38e; pullets. 30 32c
Butter Local creamery cubes, 52c; bricks,
53c
Standard Oil Stocks
POTATOES ALONG THE COAST
Seattle Market
Seattle. Feb. 16. (U. P.) Potatoes
Takima Gems, $35: locals. $17(22.
San Francitoo Market
San Francisco, Feb. 16. ML". P.) Potatoes
River white, $1.50 $2.00; sweets, $4.50
5.65.
Onions Australian brown. 75c $1.00.
Los Angeles Market
Los Angeles. Feb. 16. (L N. S.) Potatoes
Stockton Burbanks, poor, $1.75 2.00; best,
$2.25 2.50; Idaho Russets, -rhostly $1.85
2.00; local White Row. 80 90c per lug;
$2.25 2.50 per sack.
Bid. Ask.
Anglo 18 18
Borne Scrysmer .. 394 410
Buckeve" 83 85
Cheeseb rough 174 200
Chefflebrough pfd. 10O 105
Continental 110 115
Crescent 31 33
Cumberland 130 140
Eureka 95 100
Galena, com 43 46
! Galena Old pfd 93 97
Galena New pfd 94 98
Illinois Pipe , 163 1S
Indiana Pipe 84 87
Natl Transit 27 29
N. Y. Transit 157 163
Northern Pipe 95 98
Ohio Oil 2S4 287
Inter'l Pete 15 16
Peiin. Mex 33 30
Prairie Oil 485 505
Prairie Pipe 195 20,
Solar Refg 3w0 390
Southern Pipe 105 110
South 1'enn Oil 36 40
S. W; Penn Oil 70 73
S. O. Cal 300 305
S. O. Ind 69 70
S. O. Kansas 5S5 600
S. O. Kentucky 400 420
S. O N. Y 350 355
S. O'. Ohio 3 50 37 5
S. o. Ohio pfd -. 107 109
Swan ec Finch ............ 45 5 5
1'nion Tank JOS 112
Union Tank pfd 95 100
Vacuum 315 325
Washington 2S 3 2
K. O. Nebraska 395 405
Imperial Oil 95 07
Money and Exchange
New York. Feb. 16. (I. N. S. ) Call money
on the floor of the New York stock exchange to
day ruled at 7 per cent; high, 7 per cent; low,
6 per cent. Time money was steady. Rates
were 7 7 c per cent. The market for prime
mercantile paper was steady. Call money in
Ixindon today was 5 per cent. Sterling ex
change was steady, with business in bankers' bills
at $3.91 for demand.
Walla Walla Wheat Market
Walla Walla, Wash., Feb. 16. Grain agen
cies here were operating this morning on yes
terday afternoon's Portland quotations of $1.40
for club, $1.40 for bluestem and $1.45 for
Turkey red No. 1 grade.
A drop in the market occurred before the
close of operations today as a result of bearish
conditions on the Chicago market.
. New York Bond Market ,
Furnished by Overbeck & Cooke Co.,
of -Trade building: Bid.
Atchison Genl. 4s 78
Bat ec Ohio Gold 4s 68 .
Beth. Steel Ref . as 81
Cent Pacific 1st 4s. 72
C. B. it Q. Coi. 4s 90
St. Paul Genl. 4 Ha. 75
Chicago N-W. Genl. 4s. 74
L. & N. Uni. 4s 81
New York Ry. 5s 23
Northern Pac P. L. 4a 76
Reading GenL 4s 83 H
I'nion Pac 1st 4s 80
1 S. Steel Bs 94
I'nion Pae. 1st Ref. 76
Southern I'ac. Conv. 5s 90
Southern Pac Conv. 4s...... 77
Penn. Conv. 4s 8S
Penn, 1st 4 Hs 79
Ches. & Ohio Conv. 5s 8 1
Oregon Short Line 4s 79
Sugar Crop Estimate
Washington, Feb. 15. (L N. S.) The total
estimated sugar crop for the United States for
1920 was 2.805,174,000 pounds, the depart
ment of agriculture announced today through
the bureau of crop estimates.
The total production for the year waa 15
per cent above the record sugar production for
the United states in 1910.
3Tew York Sngar and Coffee
New York. Feb. 16. (U. P.) Sugar un
settled, raw 5.77; refined unsettled, granulated
7.25 ( 7.50":
Coffee No. 7 Rio spot 6 6 ; No. 4
Santos 9 10.
Chirago Potato Market
Chicagoi Feb. 16. (L N. 8.) Potato mar
ket steady. Nearly whites. $2.00 3.75; Ber
mudas, $6.00 9.50.
San Francisco Barley Market
San Francisco, Feb. 16. (U. P.) Barleys
Spot feed, per cental, $1.25 1.35; shipping
$1.45 1.55.
Naval Stores Market
New York, Feb. 16. (I. N. S.) Turpen
tine Savannah, 50; New York, 58.
Rosin Savannah, 11.00: New York. 7.25.
M ikVeOHTN
T
-but a vast? is
ihctnSCtrrc
for kfrric,
-Place jnourr J
in a Salt '
Deposit Bo j
and coTKivteai i
I
1
I
l
1
i
OW United States
National lianle
Slxin and Stax-k Streets.
6 to 8V2
MUNICIPAL BONDS
CITY AND FARM
MORTGAGES
SHORT TERM
COMMERCIAL
PAPER
We Buy and Sell
Liberty Bonds
Western Bond &
Mortgage Co.
Ground Floor
Board of Trade Brrilding
Main 113 80 Fourth St.
New York. London Silver
Kew York. Feb. 16. tL N. S. ) Domestic
bar silver michansad at 99 ; foreign. 34
lower at 69 H .
I .etui on, Feb. 16. (I. N. S.) Bar silver was
d lower at 34d today.
New York Poultry Market
New York, Feb. 16. (I. N. 8.) liive Poul
try Market quiet. Chickens, 32 50c; fowls,
33 37c: turkeya, 4i(50e; roosters, 22c
duck. 45 48c; geese, 28 33c
Greece My Boy Wheat
Chicago. Feb. 16. It is reported that Greece
will buy 1.300,000 brmhels of wheat at -Atlantic
and Gulf porta on February 21. It is reported
credits are being arranged.
r " ' 1
Spokane Wheat Market
Spokane, Feb. 16. All. wheat bids
bushel. .
$1 43
HOTEL HOYT
Strictly Fireproof. Near Both Depots and
aonvenieat car service to all parts of the cits.
Single Rooms Without Bath. SI and up
Stneie oomi With- Bath, 02 art urn
ELBERT . ROBE Msiiijei
Dried Frnlt and Beans
New York, Feb. 16. (I. N. S. ) Bean mar
ket, quiet. Marrow, choice. $8.50; pea. choice.
$4.505.10; red kidney, choice, $9.239.50.
Dried fruit Market ouieL Aoriool-s extra
choice to fancy, 24 36c; apples, evaporated,
prime to fancy, 613c; prunes, SO to 60s,
HHWUHe: do 60s to 100s, 6HW10c;
peaches, extra' choice to fancy, 1821c;
seeded raisins, choice to fancy. 24 25c.
New 5"ork Metal Market
New York,: Feb. 16. (I. N. S. Copper
DulL Soot, February, March and April, offered-
13 ;.
Lead Easy, Spot. February.. March and
Aprd. offered 4.70.
Spelter IHiH. Spot. February, offered 5.00;
March and April, offered 6. 0B.
Liverpool Cotton Firm
Liverpool. Feb. 16. (I. N. S.) Spot cot
ton was in moderate demand today. Prices
firm. Sales, 5000 bales. Aran, raids, fair,
$12.17: good mids., $9.87: full mids.. $9.37;
mids.. $8.52: low mids, $7.35; good ordinary,
$5.87; ordrbary, $4.87. Futures opened steady.
Chicago Potato Market
Chieaeo. Feb. 16. (I. N. S.) Potatoes
Receints. 33 cars. Northern white, sack and
bulk, 90 95c; Minnesota and Red River, Ohio, I
sacks, $1.40.
j
Turpentine Price Is Slumping
A severe slump of 25t a gallon fa quoted
In turpentine by Irtcal wholesalers at 99c per
gallon in drums and $1.14 in 5-gaIlon cans.
Foreign Exchange Market
New Tork Feb. 16. (U. P.) Foreign ex
change opened today with demand sterling $3.92,
the highest since July 13, 1920. Francs opened
at .0747; lire .0370; marks .0173; Canadian
dollars. .0788; kronen, .1848.
Foreign exchange closed today with demand
starling at $8.90 ; franca. .0747: lire, .0371
mark, .0173; Canadian
.1845. i
dollars, ,8738; kronen.
New York Wool and. Hides
New York, Feb. 16. (I. N. 8.) Wool '
Market steady. Donswstie fleece. XX Ohio, 24
45; do pulled, scoured basis, 18 60; do
Texas, scoured basis, 40 7 3 ; do territorial,
scoured basis, 50 90.
Hides Market dull. Native steers, 13 15;
branded steers, 11.
j , . , . '
MlnneapoliseDnrath Flax
Dttluth. Frtx 16. (I, jc. s.) Flax May.
$185' Ju,)r 1"8i bck.
MjirirteapoHg, Feb. 16. (L N. 8.) Flax
May. $1.87; July. $1.91 H; track and arrive,
$1-83 1.8$.
- - . Sa; Francisco May Barley
San Frairueo. Feb. 16. May barley, $1.25
HEttRIN & RHODES, INC.
CSstablhhed 186)
SEATTLE PORTLAND TAC0MA
Fast Private Ou Plex Wira
COAST IO COAST.
stocks. Bonds, drain. Cotton, Foreign Ks
change ALL MARKETABLE SECURITIES
Members Chicago Board of Trade.
Correspondents . F. Button 4k Csv
f. Members :
New York Stock Exchange New York Gotten
Exchange Orleans Cotton Exchange.
LIBERTY AND VICTORY BONOS.
Headquarters for Baying sod belunc Ail
Issues. Leise or Small 'oca,
Railway Exchange Bidg. Main 8a.
Stocks, Bonds, Cotton, -Grain, Etc.
CIS tia Board ot Trad -Ball ding
Qyerbeck&CpokeCo.
DIRECT PRIVATE WIRES
TQ5ALL EXCHANGES
Hemkerg Chicago Board of Trad
Correspondents of Logan Bryan,, ,J
Chimp - New York
Municipal
Corporation
Government
BONDS
Yielding to
CQ30
Only small amounts remain of
most of these attractive issues.
Issue
Copper Export Ass'n 8....
G. Vancouver Sewer Dist. 5.
Victoria, B. C, 414
Government of Chili 8....
Astoria 5
Maturity
,1922-25
...1923
...1924
1941
. . . . 1922-30
Price
100-994
94.56
90.92
99
Yield
S-8.30
8
6.50
LUMBERMEN'S
TKUST CQMPAllY
BROADWAY AND OAK
Board
Asked.
78
68
84
72
90
81
75
84
23
76
84
81
05
77
99
78
88
80
81
80
PACIFIC COAST BANK STATEMENT
" , Portland Bank
Clearing Thia Week, : Tear Ago.
Monday' ....$ S.2O7.3S3.90 S 6.957.140.11
Tuesday 6,944.748.74 6,598.305.88
Wednesday V. . 4,483.260.68 5.039,142.92
Tacoma Banks
Clearings Wednesday ,....,,..' 533.196.00
Balances Wednesday ......... : 75.468.00
8pokan Banks
Clearings Wed nee, lay ..$ 1,520.990.00
Balances Wednesday 563.395.00
Seattle Banks
Clearings Wednesday ..$ 4.909.885.00
balances Wednesday 1,031.865.00
Son Francisco Banks
Clearings Wednesday $27,300,000.00
Los Angeles Banks -Clearings
Wednesday ... ..$16,354,891.00
San Francisco Ponltry Market
San Francisco, Feb. 16, (U. P.) Broilers.
270c; large hens, 34(88c; best ducks, SO
35e.
FOBEIGX EXCHANGE RATES
Corrected daily by the foreign exchange, de
partment ot the United States National bank
Quotations below, except the pound sterling,
are quoted on the basis of 100 units foreign
currency. -
Opening nominal rates en hank transactions:
Draft Cable Par
Checks. Transfers. Value.
$ 3.9 J $ 8.92 $ 4 SH8
7.4S 7 49 19 30
1,74 1.74 23K1
8.71 S.73 10.3O
London
Lba sterling.
Paris Francs. .
Berlin Marks.
Ctio Lire.- -
Athene -
Drachmas. .
Copenliagen
Kroner . ,
Chnstisniavar
Kroner 75 .
Stockholm
Kroner . . . ,
ITonskong-
Currency . . ,
Japan Yen
7.52,
18.60
17.85
22.55
4R.75
48 73
Shanghai Taets Sit. 00
7.62
18.70
17.03
22 63.
49 00
49 23
60.50
19.30
26.70
28.70
26.70
Liberty,
Liberty.
Liberty,
Liberty.
liberty.
Liberty,
I iberty ,
ictory.
Victory,
Liberty Bond Sales
(Reported by Overbeck A Cooke Co.)
High. lxw. Close.
3s
1st 4s
24 4s
1st 4 a
2d 4 s .
3d 4s.
4th 4 s
4s
3 s .. .
9130 9104
8750
X90
9016
S720
9726
0724
8724
8674
9O04
8690
9722
9722
9118
8730
8690
8730
8688
9010
8708
9724
9724
San Francisco Eggs Drop
San Francisco. Feb. 16. (U. P.) Eggs
dropped 6c here today. The best grade, quoted
yesterday at obhc, was aown to Jtc.
The Financial
Outlook for 1921
SEVENTH YEAB
Not an Annual Review, but a
comprehensive, conservative and valuable
book on what the master minds ot
America believe 1921 will unfold. An
indispensable guide to the business man
and financier alike.
Partial Summary of Contents
Opportunity
The 1921 Outlook
A Composite Picture of Financial and
Business America as seen through the
eyes of 25 American Leaders of in
dustry. Stock Market Averages for 1920. Ten
year Price Range of Leaning Stocks.
Ebb and flow of Price Waves for 95
Years.
Trend of Stock Prices During and After
the War.
Thirty Seasoned Investment and Specula
tive Opportunities.
, Complete Sales Record af N. Y. Curb
Market for 1920.
Copy free upon request Edition Limited
McCall & Riley Co., Inc.
, 20 BROAD STREET
NEW YORK
1420 Walnnt Street, Philadelphia
Harrlsborar, Pa. Lancaster, Pa.
PRIVATE WIRES CONNECTING OFFICES
We own and offer the unsold portion of $74,064
$43,500
City of Astona,0F(
6 Bonds
DATED August 1, 1920;
MATURE Serially.
Principal and semi-annual Interest (Feb. 1 and Arte. 1)
payable at the office of the City Treasurer, Astoria, Or.,
or through the offices of Freeman. Smith de Camp Co.
Denomination $500
$ 1000 August 1, 1922
4000 " " 1923
9000 " " 1924
8500 '" ' 1925
Yield about
6.71
6.44
6.32
6.27
Yield about
13000 August 1, 1926 6.22'
2000 " " 192 8 6.17
9500 " " 1929 6.15
6500 " " 1930 6.14
These bond ar a general obligation of the city. Population, 120 census, 14,027.
Legality approved by Teal, Minor & Winfree, Portland, Or. Exempt
from all federal income taxes. Legal investment for Savings Banks
and Trust funds and legal security for public funds In Oregon.
Price 99
and accrued inter
est for any matur
ity, to yield about
n Til II- r ehown
above
Income fn Exempt Wire orders "collect" Cash or Partial Payment Flan
Ask for circular WJ92. i
Freeman, Smith & Camp Co,
round floor
Lumbermen Buildino
fifth and stark
, BVWAY B740
A'icTTai a sv-sw.vv
Fs9RTLAN
BAR FRANCISCO
FARM MORTGAGES
- r- " , . " - ' i
We have ready for immediate delivery farm loans in amounts from $500
to $10,000.
To Yield 61. to 71
Farm Mortgages are one of the most conservative of all investments
pevereaux Mortgage Company
, 87-TH ST. BROAOWAV lO2 '
GROUND FUOOR WELLS FARGO BLDc3.
MALAD CITY s
C County Seat of
neida County)
IDAHO
Reel valuation .... 1 ... .
Assessed valuation 1920
Debt: General purposes
Sewer .
.$ 6,000
. 28,000
. $2,000,000.00
1,036,034.00
Malad City, situated within one of the most pros
perous farming areas of the Intermountain Region,
lias issued 7 Sewer Bonds of Sewer District No.
1. of which the boundaries are practically co
extensive with the boundaries of the city.
Available for immediate delivery at
r immediate delivery at I ' J fyf
Par to Net f 70
PORTLAND
Maturities (Est.) 1922-30
Call for Circular. Phone Broadway 5S00
KEELER BROTHERS f
' Investment Securities5' : ? '
WiTTED STATES NATIONAL BANK ELDC.
DENVER
$24,000,000 ;
Republic of Chile
External Loan
Twenty-Year Sinking Fund 8 Gold Bonds
To Be Dated February 1, 1921. - To Mature February 1, 1941
A sinking fund, more fully described below, will be created sufficient to
retire $1,200,000 principal amount of bonds per annum at not exceeding
110 and accrued interest on or before February 1, 1931, and at not
exceeding 105 and accrued interest thereafter. If bonds are not pur
, chased at these prices sinking fund moneys will be used annually to redeem
bonds at such prices by lot.
Redeemable as a whole at the option of the Chilean Government, on any interest date on 60
days notice, at 110 and accrued interest on or before - February l, 1931, and at 105
and accrued interest thereafter. !
Interest payable February l and August 1- Principal, premium and interest payable In United
States Gold Coin of the present standard of weight and fineness, in New York City at the
office of Guarantee Trust Company of New York, without deduction for any Chilean taxes,
present or future. Coupon bonds, registrable as to principal only, in denominations of Hi 000
and 1500, not interchangeable.
GUARANTY TRUST COMPANY OF NEW YORK. SINKING FUND TRUSTEE
r
In the loan contract under which these
bonds are to be issued, the Chilean gov
ernment is to covenant that if in the
future it shall issue any loan with a
lien on any specific reveue or asset,
these bonds shall be secured equally
and ratably with such loan.
The Chilean government is to covenant
in the loan contract to pay tp the sink
ing fund trustee, beginning May 1,
1921, as a sinking fund, equal quarterly
amounts sufficient to retire each year
$1,200,000 principal amount of bonds at
not exceeding 110 and accrued in
,terest if retired on or before February
1, 1931, and not exceeding 105 and
accrued j interest thereafter. , In the
cventr that bonds are not so purchased
m in amounts sufficient to retire them at
the above annual rate the unexpended
balance in the sinking fund on Deccm-e
; ber'15 of each year is to be applied to
the redemption of bonds on the follow
ing February 1 at the current redemp
tion price. The amount of interest ac
crued on bonds purchased or re
deemed is- to be paid by the Chilean
government otherwise than out of the
sinking fund. '.
All bonds not previously retired by the
sinking fund are to be paid at maturity
at 105 and accrued interest.
We arc receiving subscriptions for the above bonds, subject to allotment and
l' the issuance of the bonds asv planned, at
99 AND ACCRUED INTEREST
to
J. P. Morgan & Co.
The National City Company
Harris Trust & Savings Bank
Chicago
Dated February 16th, 1921. :
Kuhn, Loeb & Co.
Guaranty Company o NewYork
The First National Bank
of Boston
i