13 V
THURSDAY, FEBRUARY 17, 1921.
THE OREGON DAILY JOURNAL, PORTLAND, OREGON
PETROLEUM GROUP SHOWS ACTIVITY IN NEW YORK
WHEAT SALES TO DATE HAVE BEEN ABOVE REPORTS
NORTH IS TAKING
EGGS IN PORTLAND
i
Portland
f hieaaro .......
Tfew York ....
raa-Francisco.
Seattle
"Los Angeles ...
Batter.
. $8 e
.'47
. 4V4
. Mtte
. it e
. 4 c
"Eft
tie
tie
Me
se
Me
Me
Portland in today shipping- eggr to the
northern territory while up to a few days
ego the north was shipping in thia direc
tion. There has been a complete change
of Ideas in the trade f. o. to. bids for cur
rent receipt here are ranging from 26c
Upward as high as 28c a dosen while re
sales are reported around 30c a dozen.
I.ocal egg market . almost bar r,f offering
considering the extent of the rt'mind mee the
nrine in. reduced t retail. Few of ths wholes
ralm ere today ectu1ng their cUil . reauir
meat of eggs. It begin to loo if th ooun
tr u holding back it eggs for a higher rang.
Tbe egg ncition. which a short time go
mi pleading for plso to ell Hs eggs sod
claimed that It wanted to keep the prioe down.
In now quoting H c a dmrn over the est rem
quoted by any of the wholesaler for Biniiar
Quality good.
Those desiring special iiifnrmaAton- regarding
any market should write the Market Editor U
The Journal, enc looms stamp for reply.
BUTTE B SITUATION IS 8TROWO
Butter maryet is showing strength for both
prints snd cube; In fact the latter an so
scare that extras ar showing a farther rise of
le a pound in some quarter. Local creameries
report demand better than current make.
.OFFER A PREMIUM FOR CHEESE
Premium of 1 to 2o a pound oyer she pre
vailing Tillamook selling price at the cheese
city, ar reported a offering by both Los An
geles and Puget Sound market. Local stocks
of cheese are extremely scarce.
IT'
S&MAIUCE T
BASKET
RETAIL. PRICES-
DRESSED HOGS BEnfQ LOWERED
Price of country killed hogs was generally
dnwn to 15e a pound for the day tor top stuff.
This price wsa also reported by some of the
.packers, which means that Front street i a
trifle above the usual basis. Teals unchanged.
POTATO MARKET VERT QC1ET
Potato market ia extremely quiet, with only
an occasional sal of a carload to the south.
This is only for extra good stuff, of which little
is available. Growers ar offering to consign
or U their potatoes at almost any price.
I.f TEREST SHOWJf IX HOP MARKET
While sales ar not liberal, more taterwst I
shown in th market for hop. Some-are being
received likewise regarding contracts, although
no open offers or business can be confirmed.
BRIEF JfOTES OF PRODUCE TRADE
Chicken market about steady.
No improvement in orange prices.
Columbia smelt steady at 4c a ponnd.
flood supplies of fresh salmon arriving.
General vegetable trad is extremely Quiet. '-
WHO LI SALE PRICES I2T PORTLAND
' By Hyoiaa H. Cohea
White) fish from Lake Superior and
pike and pickerel from the same waters,
is being offered In the Portland retail
markets as & treat for the Lenten sea
son. A. Yamhill street retailer is bringing-
the fish from the east, and sales of
the pike and pickerel are being; made to
consumers at 25c a pound, while white
fish is quoted at 85c a pound.
Consumers have no complaint what
ever to make against retailers In regard
to eggs at this time. In fact, most of
the retailers are actually selling eggs at
either no profit or such a small one that
it does not pay the cost of doing busi
ness. This le due to the fact that when
the price of eggs dropped . so fast at
wholesale. retailers finally followed,
and now, with the wholesale price high
er, they have been unable to follow It
generally because some of the cash and
carry houses have been holding the
price down. , . ,
Good cheese isf very scarce In the lo
cal trade ; in fact few of the markets
are able to secure the genuine Tilla
mook stock, so keen is the demand.
The following prices ruled generally in retail
shops for good quality. Some values are frac
tionally higher, inferior stuff fractionally lower.
Butter Fresh creamery. 60e.
Eggs Fresh laid, extra. 85 0 40c per doses.
Poultry Chicken, dressed. 38 40c lb.
Fish rSalmon. 80 & 50a lb. ; halibut, 80c
lb.; Columbia river smelt, 3 pounds for 25c.
Klonr Best local patent. 82.75 0 8.00 per
sack 40 lbs.
Pot tors Bnrbanka, tl.25 91.TS per sack.
Onion 2c lb.
' Maximum price on th Portland public mar
ket: Cabbage, 2c lb.; cauliflower, SOe bead;
carrots, 2c lb.; celery. 18e bead; celery hearts.
15c: onion. 2c lb.; parsnips, 2c lb. : squash,
2e lb.: turnips, 3o pound: potato, 14 c lb.;
dry beans, 7e lb.; prunes, 12 He lb.; comb
bonay, 40o lb.; bulk honey, quart, 90c; pint.
47c; dunw, 60c lb.; geese, 45o lb.; cottag
cheese. 20c lb.; hens, 33 0 85c lb.; fryers, 86c
lb.: eggs, 85c doaen; buUar, 60o lb.; milk,,
lAc quart.
ONLY 30 PER CBi
WHEAT IS UNSOLD
THURSDAY' WEAT MARKET
Bid. Loss.
Hard White ...
Soft White
White Club
Hard White
Xorthera Sprlsg
Red Walla
...91M
...
... l-o
... 1.40
... 1.4S
... 1J9
4e
Se
Se
te
Se
Se
NORTHWEST GRAIN RECEIPTS
II sported by Portland Merchant Exchange:
Cer-
ISCREASED AREA OF SUGAR
BEETS EXPECTED AT YAKIMA
Yakima.' Feb. ; 17. Indications favor the
planting of th largest sugar beet crop Yakima
valley has ever known for the coming crop
season. Th Utah-Idaho Sugar company is put
ting on a very active campaign to increase its
acreag. It has leased several thousand acres
and is sub-leasing in small holdings to farmers
who will grow sugar beets. The company pays
cash for the land bat leased for one-third the
crop produced. Seventeen such lease, covering
over 1000 acre, were filed for record yester
day, and also lease made by be company cover
ing 284 acres. Th company has three factories
in the valley, but for th past two years hss
operated but one. Other crops paid so well
that the farmers would not grow beets, but with
low price for potatoes and hay, and a contract
price of about 810 a ton for beets, the crop
looks inviting and there will be a heavy planting.
The are prices retailers pay wholesalers.
eept as otherwise noted:
Dairy Product
BUTTER Selling price, box lota: Cream
ery, extra, parchment wrapper. 6Se per lb.
Jobbing prices. Cube, extras. 47 48c per lb.;
dairy, boring price, 28o per lb.
BUTTK&FAT Portland delivery basis. No 1
grsd. 51e; No. 3, 48c; country stations, 480
47c per lb.
CIJEESE Selling price: Till smock, fresh
Oregon fancy triplet, 88c per lb.; Toung Ames
ices, 87o lb. Price to Jobbers, f. o. b. Tilla
mook: Triplets. S3e; Toung Americas, 34c
8llinr pric: Block Swiss, S8o4ne; limbnrser,
tOSKc lb.; cream brick. 8688e per lb.
VSiCiS Buying price: Current receipt.
27(29c per doten; candled, selling price, 81
10 32c per dosen; select. 84 0 35 He per dosen.
LIVE POULTRY Selling price: Heavy hens,
2 Re per lb.; light hens, 2 So lb.: springs, bens,
SOo lb.; heavy, 27c per lb.; old' rooster. 14c
' per lb.; turkeys, 40c per db. : dressed, 40 0 55c
per lb.; duck, 85 40c per lb.
Fresh Vegetable and Fruit
FRESH FRUIT Oranges.) $2.50 9 4.50 box;
bananas. 11 12c per Tb. i lemons, $4,00 9
4.75 case; grapefruit. Florida. $6.50 99.00.
appt.rs 11. SOW 8.25.
rRIKD FRUITS Date. TVromedariea, $8.63
,97.00; Farda, $3.5008.75 per box; fig.
$8.75 0 4.00. i
ONIONS Selling prio to retailers: Local.
$1.25; garlic. 16c; green onion. 40c per
dosen bunches.
POTATOES Selling price: Oregon fancy,
$1 O0 0 1 25; sweets. Term.. $3.50 hamper.
BERRIES Cranberries- local, $4.00 08.25
per dot; eastern. $19.00 bK.
VEGETABLES Turnip, $2.50 per sack;
rsrrot. $1.50; beets. $2.00; lettuce. $3,50 0
8.75 per crate; egg plant, S5e; broccoli. $1.85
02 25: bell peppers. 25e lb.; celery, $1,000
125 dozen ; Hubbard squash, 2 0 2 o lb. : rhu
barb, hothouse. 20a lb.; Mexico tomatoes. $5.00
Igi 5.50 lug.
meats and Provisions
COUNTRY MEATS-Selling price: Country
hoe. 15c per lb. for top blockers, about
125 to 150 lbs., hesry stuff lower; veal, top,
80 to 110 lbs.. 19c. heavy stuff less.
SMOKED MEATS rHams. 80 0 38a per lb. ;
breakisst bacon. 28 0 49c
LARD Kettle rendered. 21 He lb. ; tierce
, basis, compound. IS tie.
Fish and Shellfish
FRESH FISH Stelhsd. 28 027c per
pound: Chinook. 28 0 80c; halibut, fresh. 18 0
2Se; sturgeon, -Is black cod, 11012c; kip
pared salmon, $1.50 per 10-lb. basket; kippered
cod. $2.85; razor dams, ( ): crabs, $2.7$ 0
8.75 dozen; hug cod, 607c lb.; Colombia
smelt, 4c per lb.
OT8TER3 Eastern, per gallon. $5.00;
OSrmpia. S.t.oo.
POTATOES ALONG THE COAST
Battle Market
- Seattle. Feb, 17. (U. P.) Potato
Yakima Gem. $35. 00; local. H7.OOB22.BO.
San Franoisoo Market
San Francisco. Feb. 17. (U. P.) Potav
tnen River white. $1.50 02.00; sweets, $5.40
05.85.
Onions Australian brown, 75c 0$ 1.00.
Los anaatas Market
Ixm Antelea, Feb. 17. (L N. 8.) Pota
toes Stockton Burbanks. poor. $1.75 0 2.00;
beat, $2.25 0 2.50; Idaho Russeta. $1,75 0
190: local White Rose, 80 090c per lug; $2.25
02.50 per sack. '
Portland! Thar.. 8 1
Year ago. 45
Season to date.. 11452
Year ago. elio
Tacoma, Wed.. . . 0
Year aca -n
Season to date.. 8383
Year ago...... 5137
Seattla. Wed. . v 14
Year sgo 19
Reason to date.. 8889
Year ago. 4517
Wheat. Barley. Flour. Oats. Hay.
1
.... 11
102 555
169 2886
8
' "4"7 673
71 1971
.... 1
, . . . 1
1"1 268
227 643
6
3
878 1648
404 1323
1
"95 'Hi
146 657
812 1091
562 1049
GEN
ERALLY STEADY
TONE IN LIVESTOCK
THURSDAY LIVESTOCK TRADE
Top Hogs Steers Lambs
Portlaad ...ll.a 9 8Ji $8.$t
Chicago ie.is' i.t tjs
Omaha, 9.48 . 8.SS
Denver 7.16 ?.7S
Kasaag crty ... .4 $.0 7.7a
PORTLAND LIVESTOCK RUN
Hog. Catti. r. Sheep. Can.
DAIRY- PRODUCTS OF THE COAST
-Butter
San Ffwnctano Marts
Bn Francieeo. Feb. 17. (U. P.)
Extra. 52 He per lb.
Ecg, Extra, 36c; extra first. 33o; firsts.
Sic: first, extra pullets. 30c; underused pul
leto. No. 1, 30c per dgsen.
Cheuao California flats, fancy, 23 He per lb.
SesXU Market
Seattle, Feb. 17. (U. P.) Egg Freeh
ranch, 36c; pallets, 30c.
Butter City creamery, cube. 62c; bricks,
53c per lb.
Los Angela Market
Los Angeles. Fsb. 17. II. N. S.) Butter
54c
Kris Fresh extras. 32c; case count, 81c;
pullets, 29c,
Poultry nans, sa a tic; orouers, oac.
era. 55c .
SUGAR Refinery baste: Cube. $10.50:
fruit and berry. $8.75; D yellow, $815; beet
granulated. $8.65: extra C, $7.55; Golden C.
'HONEY Par ess. $7.75 08.00; bulk. 18e
per lb.
RICE Japan style. No. 1, 5H05e; Bra
'Rose, 7H 0 8c per lb.; New Orleans, bead, 10c
COFFEE RoastaxL 19031c:. in sacks of
drums.
SALT Coarse, half ground. 100a. $17.23
per ton; 50a. $17.83; table dairy, 50,: $27.25 ;
bale. $3.60 0 4.00; fancy table and dairy,
$34.50; lump rock. $28.50 per : ton.
BEANS Sale by jobber: Small whit.
SUc lb. : lare whit. 6 He: Pink. 7 tac oer lb.:
hmas, 8 Vic; bayou. 11 He; red. 7 He; Oregon
beans, buying price nominal.
CANNED MILK Carnation. $6.00: Borden.
$ft.0O; Astor, 5.u; rgie. gii.au; uby,
$5.9-0; Mount Vernon. $5.90 per .
SODA CRACKERS in bulk. 17c ner Da.
NUTS Walnuts, 23 026c par lb.; almonds.
27 H 0 2 8c; . filberts, 82e in sack lota; peanuts.
14H015C; pecans, zac; jsraxiis, sac
Rooa. Faint. Oils
ROPE Sisal, dark. 14c; whits. 16o per lb.;
stsndard Manila. 20 He.
LINSEED OIL Raw, bbla.; 99c gal: ket
tle boiled, bbls., $1.01; raw, cases. $1.14;
bailed, ease. $1.16 per gallon.
COAL OIL Pearl or water whit, in drum
or iron barrels. 17 He gallon: cms. 30c per
gallon.
GASOLINE Iron barrels, 29c;
41 He
WHITE LEAD Ton lots. 12 e; 600 Iba.
18c per lb.
TURPENTINE Tanks, 89c; esse. $1.14;
m ess lot, lc leA
Hop. Wool and Hide
HOPSI Nominal. 1920 ctod. 17 0 22c
HIDES Calfskin, 10 012c; kips, 8 0 9c;
ren ntuea, o oc per id.
MOliAIK Lone. 23e: short 1 .Vv
TALLOW AND CREASE No. 1 tallow, 6e;
CASCAJKA BARK New. fie TJv
WOOL Coarse. 10c; medium, 20c: fine.
c per id, .
7w York. Poa'ltry Market
New York, Feb. 17. (L N. S.) Hve pool-
try ainM irregular; cnicsens, 32 0 50c:
fowls. 33 0 38c; roosters, 210 22c: turkey.
lasj um:, tiiuzaSf 7Jii oc . srose, 2Q(fl,
fry-
Hew York Bntter and Eggs
New York. Fob. 17. (I. N. 8.) Butter
Market advancing; creamery extras i salted and
unsaited) , 48 H 0 49 He; creamery first (salted
and unsaited), 410 48o; creamery higher than
extras (salted and unsalteaj, Iasuao.
State dairy tubs. 28 046o.
Cheese Market irregular. State Whole
mttkv specials, 23H0 2c; whole milk fancy,
2223.Ho; whole milk lower graded, 120
21 He Wisconsin Whole milk, fancy Young
Americas. 27 H 0 29c. State Skims, specials,
17 H 0 19 He: skims, choice, 13 0 18 He; skims
fair to good.' 11012c; skims, lower grades, 10c.
Egga Market active, steady; nearby white,
fancy, 50c; nearby brown, 40c; extra, 38 0 39c.;
firsts. 35 36c
Dry Weather Needed
8herwood. Or., Feb. 17. Farmer an, hoping
that th rainy weather is over for a time, as the
ground is now too wet for spring sowing of
wheat and oats. The past fall, on account of too
much rain, did sot permit the farmers to sow
a much winter wheat a usual, and it ia
claimed that the acreage of both wheat and oat
will be light this year compared with that of
Last year.
Beavenlam and other low lands' are covered
in many places with water, and unless good
weather aeon appears all kinds of farm work
will be lata thi Mason.
Practically half of the wheat crop so f
the Pacific Northwest has already been
shipped, either foreign or domestic, and
with the, holdings of milling and grain
interests, It Is safe to say that not over
30 per cent, of the' crop remains un
sold in the hands of growers.
Most surprising totals of wheat sales hav
been shown in the Pacine Northwest sine the
first of the year. Most of this business waa never
made public and for that reason the impression
was general that only a small per cent of th
crop had been sold. Such information was con
stantly aad by interests acting in cooperation
with the international clique, which does not want
th public to know th truth.
Wheat price showed a reactionary tone for
options in the East during the Wednesday morn
ing trade, good weather in Argentina being a
factor.
Cereal prices of all kinds vera unchanged for
th day.
FLCTTH Selling" prioe, mill door; Patent.
$0.80; Montana spring wheat, $9.59: Willamette
valley brands. $8.55; local straight, $8 30;
baser' local, $9.00; graham. $8.00 whol
wheat. $8.20. Price lor city deliveries, 15c
under: suburban, 20c extra
HAT- tiaying price, nominal. WlEamett
timothy, fancy. $25 0 27 per ton; clover. $19;
straw. $13014; alfalfa. $20021 per - ton.
GRAIN SACKS Nominal. No. 1 Calcutta
10c; domestic, 11c, is car lots; less amounts
higher.
M 1LLSTUFFS Mm run at mill, sacked, ton
lots, $34; carloads. $33.
OATS Per ton. buying price : Feed, $34
0 35. '
BARLEY Buying price : Feed. $31032;
milling. $32.50.
SEED Buying price, nominal; no demand.
Red clover, redeaned ( ) per lb,; alsike.
( ): vetch ( ).
FEED8TUFF8 F. O. B. mills: Rolled barley
$41: whole barley. $38; alfalfa meal, $30;
oocoanut meal, $30: cracked corn, $43; wbole
corn 139 tern: scratch fesd. 158: aov bean meaL
$50; linseed meal, $52; whol cat. $40; rolled
oats, 2 per to.
ROLLED OATS Selling price. $10 barrel.
Merchants .Exchange bids :
WHEAT
Feb.
Hard white 152
Soft white . 160
White ckib 150
Hard winter 140
Northern spring ..... 140
Bed Walla 138
FEED OATS
No. 2 whlU 3450
No. 2 gray 3300
BARLEY
Rrewing 8150
Feed 8000
i CORN
No. 8 eastern (bulk) . . 8200
No, 8 local (bulk) 8250
Wheat Is Irregular
In Chicago Trade;
First Price Mixed
Chicago, Feb. 17. (L N. S.) birains
were weak at the last and sharply lower.
Selling came out on all hard spots
throughout the session. Buying support
was mainly Bhort covering and buying
against bids. Weakness In corn had its
effect in other grains. Provisions were
lower.
Resting prices for March wheat were
at declines of tc May dropped 2
82c Corn declined lc for May and
11 off for July. May oata dropped
lc and July was c lower.
'Chicago, Feb. 17. (L N. 8.) Commission
houses were on both sides of th wheat market
at the opening today. March started unchanged
to He higher and May was staady to lc up.
Corn started irreeular and alow.- May started
He to He lower and July He to He higher.
Oats followed th trend of wheat and corn,
locals having the market to themselves. Prices
wore" steady.
Provisions started easier to a alow trade.
Hogs wer lOo to 15e lower.
March. April
152 132
150 130
150 150
140 140
140 140
13 138
1450 8475"
8300 8300
8150 " 3150
3000. 8000
8200 8250
3250 ' 3250
Thursday . . .
Week ago . .
2 weeks ago.
4 weeks ago .
Year ago . . .
2 years ago .
8 years ago .
4 yean ago .
126
299
1204
1219
210
201
290
231
14
S
1
8
23
67
11
IS
12
28
63
8
5
20
11
8
2
5
S
Only three carloads of livestock came
forward for the Thursday trade at North
Portland. General conditions were quiet,
with only nominal change indicated In
any quotation.
In the hog alleys there waa a very small run
Thursday. Early trading waa on a steady basis
with tops hitting $11 generally. On the basis
or umana prices today North Portland is too
low, considering the fact that supplies are ahipped
from there to this city. Sixteen double decks
came direct from South Dakota to packer later
m tne day.
General hog market range:
Prim liht $10.60011 SO
Smooth heavy 10.00 010.60
Rough heavy 6.50 0 9.00
"i pig 10.00 0 11.00
Feeder pigs 1 10.00 011.00
Catti Trade' Nominal
There was no carload supply of catti on tha
North Portland market at the opening of the
Thursday trade. There waa practically nothing
at all doing in the market, the only change
mn a mils ui. revuuoa oz Dull prices.
General catti market rang:
Oboic steers $ 7.50 0 8.25
Medium to good steer 6.76 0 7.50
Fair to good steers...' 6.000 6.76
Common to fair steers 6.00 0 8.00
Choice cows and heifers 6.00 0 8.75
Medium to good cow and heifer 5.60 0 6.00
Fair to medium cow and heifers 5.00 0 6.50
Common cows and heifers 4.00 0 6.00
Cancers 2.00 0 4.00
8.50 5.00
voic readers 6.00 0 6.50
Fair to good feeders 6.00 0 6.00
Choice dairy calves 12.00013.00
Prime light calve 11.00 012.00
Medium light calves 9.00 010.00
Poor calves 6.00 0 7.60
sheep Situation Quiet
With only a handful of sheep reported in the
alleys Thursday, the market reflected a quiet but
woe, wjm prices unchanged.
General sheep market range:
East of mountain lambs $ 7.50 0 8.00
luametie valley lamp .....
Heavy lambs
Feeder lamb
Light yearlings
Heavy yearlings ...........
Wether
Cull lambs
Ewe
IS PROFESSIONAL
New York, Feb. 17.-(L N. S.) The
"stock market closed weak today. The
feature in the late dealings was the
heavy seling of steel issues. TJ. S. Steel
fell 1H to 83 and Baldwin dropped 2
points to 90. while . CruciBle yielded
from 96 to 844. Central Leather com
mon was In large supply, falling to
36, a loss of nearly 3 points.
Mexican Petroleum broke 2 points to
161 and American Linseed fell 4 points
to 49. Chandler Motors dropped ,3
points to 72 and Studebaker, after mov
ing up to 62, fell to 60.
Government bonds, unchanged: rail
way and other bonds, .irregular.
sales, 680.000 shares ; bonds, 19,737,000.
New York, Feb, 17. (TJ. P.) The stock
market here sank back into Irregularity
today. The buying rush at the close y
terday, when call money was down to
six, was not repeated this morning and
the hesitency of dealers was reflected In
the small' blocks changing bands. Most
of the leaders at yesterday's close
showed small losses today.
United States Steel was off H at 84H and
Crucible was down H at 95 . Among the
equipment. Baldwin Locomotor waa off a full
point at 91. In the motors Studebaker was off
tl U ton.
Kelly-Soriagfleld. Industrial Ak-nhal and
Alcohol and Allied Chemical wer among those
an owing gains.
Furnished bv Overbeck A Cook a Co.. Board
or i rae Duuding:
STOCK
Chicago Dairy Prodsee
Chicago, Feb. 17. (L N. 8.) Butter Re
ceiptA, - 3689 - tubs; creamery, extra, 47o; firsts.
88045c; packing stock. 14018c
Egg Receipts, 15,095 cases: miscellaneous,
SlWSSc; ordinary firsts. 30 0 310; firsts, 33 H
0 34c; checks. 28 0 29c; dirties. 27 0 30c.
Cheese Twins, new, 24H 024Hc; daisies,
25 0 25 He; Young Americas, 25 H 0 26c;
Loos horns. 25H028Ho; brick. 20 H 021c
Live poultry Turkey. 43c; chickens, 31e;
springs, . 31c; roosters, 22o; geese. 24c; ducks.
36c.
Tonrh of Winter
Quinaby, Or Feb. 17. Th first touch of
real - winter deceuded upon thia section Tuesday
wheh : a light snow fell followed by lower tem
peratur. In spate of rain, all vegetation la un
usually advanced for the season. Wild straw
berries, dandelion, daisies and a few peach buds
have put forth, while many spring birds have
made their appearance Extensive pruning of
winter killed trees is takingplace and prepara
tion mad to replaca missing fruit tree.
Sa-n Francisco Barley Market
San Francisco, Feb. 17. (U. P.) Spot feed.
per cental, $1.25 01.35; shipping, $1,45 0
1.65.
Chicago range,
v i'r
WHEAT
Open. High.
171H 172
162H 13H
CORN
71H 71H
73 H 73 H
OATS
4H 46H
46H 46
BYE
148 148
128 H 12S
BAias;i
Low.
168 H
159
894
71
"45
45
142
126
Close..
468H
159 H
70
71
45
45
142 A
126 A
68 68
PORK
2130 2130 2110 2115
LARD
1220 1220 1210 1220
1257 1257 122 1257
RIBS
1125 1132 1117 1130
1175
' Jfew Produce Firm
Opening of the new produce firm of Joseph
J. Frawiey Produce company at Fourth and
Uliaan streets i announced. Mr. Frawiey ha
been connected with .Armour A Co. for a num
ber of years and is wall acquainted with the
entire western territory.
MlnaeapoUs-DuIath Flax
nuluth. Feb. 17. (L N. S.) Fix: May.
190; July. 198; track and arrive, 188 0189.
MinnMspolis, Feb. 17. (L N. 8.) Flax:
Mst, ISo; July, 192; track and arrive, 1830
186.
San Francisco Poultry Market
Ban Krancisoo, Feb. 17. (U. P.) Broilers,
62 0 70c; large bena, 32 0 38c; best ducks. 30
0 36c
r
HERR1N & RHODES, INC.
(Est bushed 1896)
EATTLg PORTLAND TACOMA
Fast Private Ou Pies Wife
OOA8T TO OOAST.
8tockt, Bonds, et-ein. Cotton, Forttga Kg.
ALL MARKETABLE SCOURITIK
Member Chicago Board of Trad.
Correspondent K. F. Mutton k tJe,
Nest York Stock xchange Mew York Cotto
E xohan Wra- Orleans Cot tan Exchange,
LIBERTY AND VICTORY BONDS,
sjjsadquartcta for isuymg and tuning ; Ail
k Large or snu sss
Railway Exchange Bldg, Main BSB,
"New York Potato Market
New York, Feb. 17. (I. N. 8.) Potato
market weak. - Eaily Whits. $2.00 fe 3-50; Ber
mudas. $6.00 0 9.50.
Stock,- Beads, Cotton, Grain. ' Etc
816 - 817 Beard f Trade Baildiag
Overbeck&CookeCoe
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Member Ckleage Board ef Trade
Correspondents of Logan Bryaa,
Caicare - Xw lor
Mch. . . .
May
May . . .
July ...
May. ...
July ...
May . .
July . .
May . .
May ..
May . .
July . .
May . .
Tr.lv
Cash Wheat No. 1 red. $2.00 ; No. 2 red,
$2.00 H- '
SOUTHERN SELLrKG FORCES A
LOWER PRICE OH" COTTOY
New York, Feb. 17. (L N. ft) The cot
ton market had a steady opening today with
first Dries 8 to 8 Point higher on Liverpool
and spot house demand, but soon turned easier
under southern and Wall street selling. Liver
pool also became a seller later and by. the end
of th first quarter hour quotations showed net
losses of half a dozen pointa
Wall street men now at Florida resorts were
credited with furnishing many of the selling
orders. Th Liverpool market was slightly bet
ter than has been due at the hour of the local
start, but a private cable stated that there was
f ear of another labor disturbance in the coal
industry and this probably was responsible for
soma of the Liverpool selling her.
a ullln, movement developed in the late aftr
mon nrioa breaking about 26 pointa Th
close wag steady at a net decline of 20030
points.
Spot cotton waa quiet today, 25 points lower
at 13.65. No sale.
Furnished by Overbeck A Cooke Co.. Board
of Trade building:
No.
8.
1..
4..
6. .
8..
3. .
2. .
1. .
2..
5..
8. .
6..
2 . .
1 '. '.
4. .
7. .
2. .
6. .
2..
'9..
1. .
53. .
3. .
-24. .
7. .
39. .
67..
125. .
2..
5. .
2..
2. .
10. .
No.
4. .
10. .
8. .
6. .
1..
8. .
14. .
6 50 0 7.00
6.60 0 7.00
5.50 0 6.60
6.60 0 7.00
S.506 0 00
a. o0 6.oo
4.00 0 o.oo
- 1.00 0 4.00
Wednesday Afternoon 61
STEERS
Ave. lbs.
Price No. Ave. lbs.
$ 8.00 8 525
6.50 8. . . . 812
COWS
$ 8.25 1 739
4.25 2.... 935
6.25 1 820
4.60 1.... 930
4.00
CALVES
$13.00 I
BULLS
.1024
830
790
810
920
.1870 $ 4.75
HOGS
177 $11.00
11.00
11.00
9.00
1 1.00
10.75
11.00
10.75
11.00
11.00
9.50
ll.OO
10.00
11.00
10.50
11.00
11.00
Price
5.00
6.00
5.75
8-30
4.00
200
223
320
240
240
173
85
180
158
255
150
345
171
262
145
190
10
10
1
2
11....
8
9. . . ,
20. ...
9.
165 $11.00
208 11.00
190
255
171
111
235
103
186
12.... 180
18.
1..
13. .
1..
12..
7..
1..
104 $ 5.00
90 8.50
LAMBS
14.
221
820
234
380
200
190
430
ll.OO
10.50
11.00
10.75
9.25
10.75
10.00
11.00
10.50
.8.7 5
10.75
10.50
10.50
11.00
7.00
68
90
83
67
80
68
69
7.00
6.0O
6.00
6 00
6.00
6.00
6.00
274.
1.
28.
86.
9.
13.
207.
62
107 $ 6.00
78 6.50
WETHERS
14. .
100
84
78
84
89
76
71
6.00
6.00
6. 00
6.00
6.00
6.0O
6.00
113 $ 5.00
156 4.50
BUCKS
95 $ 2.50 I 2
145 3.00
MIXED
117 $ 3.00
Thursday Morning Safes
HOGS
122 $ 6.00
150 $ 3.00
At. lbs. Price
. . 222 $10.50
222 11.00
188 ll.OO
151 11.00
230 10.00
103 10.75
COWS
780 $ 5.50 j 1 . . .
MIXED SHEEP
116 $ 6.00 I
No,
15. ,
8. ,
5 . .
4 . .
4. .
At. lbs. Price.
179 $-11.00
190 10.75
146
200
197
10.75
11.00
10.60
t
740 $ 4.00
Month .
January . . ,
February ...
March .
April .....
May .......
June ......
July -
August ....
September . .
October .. .
November . .
December .
Open.
. . 1620
High.
1522
Low.
1487
Close.
1487
1310
1332
1369
13H2
1400
1422
1440
1445
1458
1470
1488
Liverpool Cotton Easier
Liverpool Feb. 17. (L N. S.) Spots
opened in fair demand. Prices easier. Sales 6000
bale. American mid, fair, $12.07; good mids.,
$9.77; fully mid., $9.27; mid.. $8.42; low,
$7.27; good ordinary, $5.77; ordinary, $4.77.
i Future opened quiet. ' j
. . 1360 1373 1332
1415 i420 1383
1450 1460 1421
' .- e
1490 1492 1458
1517 .isiT 1483
JSew York Sngar and Coffee
I New York. Feb.' 17 Super Firm. " Raw.
$5.77 0 5.89; refined firm; granulated, $7.50.
Coffee rNo. 7 Bio, spot, 6 06 He; No. 4
Santo. 94. 010.
TStw York Metal Market
! New York. Feb. IT. (L N. 8.) Copper
Dul. Spot. February, March and April, of
fered 13 H.
; Lead Dull. ' Spot, February. March and
April. ' offered, 4.65.
Spelter Dull. Spot and February, offered,''
5.00; March and April, offered. 6.10.
, If.. .. . , .; :..-..,.! ; - i
AMERICAN LIVESTOCK PRICES
Chicago Hogs $10.10
New York. Feb. 17. (L N. S.) Hoes-
iteceipt. 44.UOO; stetady to 10c lower. Rnla-
$9 00 0 9.75; top. $10.10; heavyweight, $9.00
D o,,, utwiium weia-ni, su.jtu 3 .sa ; light
weight, $9.50 010.10; light lights, $9,60 0
10.10: heavy u&ckinc sows, smooth t7 sua
f o75A pfiif.5.boWB' roueh- 7.50 07.90; pigs.
ejay.w MS M.V.W.
Cattle Receipts, 9000; generally 25c higher.
Beef Steers Choice and prime, $10.15 010.90:
medium and good, $8.60 010.15; good and
i-uuit, j i v.ov; common ana medium,
$7.60 0 9.25. Butcher Cattle Hsifar 15 oj
09.25: cows. $4.0007.75: bulla tl na
6.25. Canners and Cutters Cows uut K.f.-
$2.2504.00; canner steers, $3.5005.00; veal
icoutr Kn,. i.vu lev b. a; stocaer steers. $3.7
0 6.15.
Sheep Receipts, 18,000; mostly 25c higher.
Umta (c4 lbs. down), $7.50 09.15; lamb
(83 ids. up) , VO.OU08.75; lambs (culls and
common), $5.75 06.76; yearling wethers. $6.60
0 6.75; ewes. $3.50 0 5.10; ewes (culls and
common j . sz.uukcb.uu; leecter lambs, $6,25 0
T5l.
Omaha Hog S9j0
South Omaha, Fab. 17. (L X. S ) Bo
Receipts. 15,500; active, mostly steady. Bulk.
$8.50 0 9.25; top. $9.40.
Cattle Receipts. 8200; beef steers and ah
stock steady to Zoc higher. Top steer. 19.00
bull and veals, steady; stockers and feeders,
strong. s
Sheep Receipts. 5O00: killers general It
steady to strong; spots, 25c higher on handy-
weignt lam Ds and sheep; choice, 79-lb. lambs,
sa.ou ouix nanayweignt lamos, JY.&O0M.OO
Deal ewes, so.uv; no leeaera.
Kansas City Horn S9.40
Kansas City, Mo., Feb. 17. (L N. 8.) Cat-
ue. S9UU, scuts steers, ST. 00 0 9.00: c
and heifers, $5.50 0 8.00; stockers and feeder.
so.vvB.vv; calves, ll.vvwil.BQ.
Hogs 11,000, steady. Bulk, $8.25 09.25
top. SV.4U; heavies, fs.00 0 8.75; lights, 6 8.7
(sH.u; meojuins, as.oou.zv.
Sheep 8000. clow. Lambs, $7.50 0 7.75
Denver Hogs S8.3B
Denver. Feb. 17. (U. P.) Cattle Re
ceipts, bvw; strong. Bteera, sa.ovn 7.10; cows
and betters, $4.25 0 3.75; stockers and feeders.
4. i a W .v ; calves, g7.ao0ll.oo.
Hogs Receipts. 2500 ; 25o lower. Tops,
y.so; mux, ao.uu ? .uu.
Sheep Receipts. 9000; 25o higher. Lambs.
$7.26 0 7.75; ewes, $3.50 0 4.25; Vecders.
ao.ov o.ov.
Market Wool Direct
Spokane. Wash., Feb. 17. Wool growers of
Waahmgtoo are planning to market their arodnct
as cloth instead of raw material, thus eliminating
mm muHuai coargea oi middlemen, a the re
sult of a report made by a special committee
comprised of Dr. ' S. B. Nelson of Washington
State eoueg. Williaaa Hislop and B. A. Balsch,
apoaaae. .
Aew York-London Silver
New York, Feb. 17. (J, N. g.) Bar silver
insMsoc uncnangea at foreign, H
higher at 60.
London, Feb. 17. (I. N. 8.) Bar silver
wsa d Higher at B4 . a.
Karal Storeg Market
New York, Feb. 17. (L N. S.) Turpen
tineSavannah, 50: New York. 56 H.
Bonn Ssvannah, 11.00 (last sale Novem
ber SO) ; zurw lor a. v.vv.
STOCK TRADING
High Low
Agr. Chem: . .
Alaska Gold . . .
Alaska Juneau ,
A 11 is-Chalmers
Am. Beet Sugar
Am. Can Co. ........
-Am. Car A Fdy. .....
Am. Cotton Oil
Allied Chem
Am. Hide A Leather . .
u Ice
Am. Intl. Corp. ......
Am Linseed
Am. Locomotive ......
Am. Ship & Comrc ...
Am. Smelter ........
Am. Steal Fdy .
Am. Sugar ..........
Am. Sumatra ........
Am, Tel A Td
Am. Tobacco ........
Am Wool
Am Zinc
Anaconda
Associated Oil
Atchison
AO., Gulf A W. L
Baldwin Locomotive ...
Baltimore A Ohio ....
Bethlehem Steel "B" . . .
B. B, T
Butte C. A Z
Butto A Superior
Caddo Oil
Canadian Pacific
Central Leather
Chicago A North western
Chicago Gt. W
Chile Copper
C. M. St. P
C. A 0
Colo. F. A I
Colo. Southern .......
CoL Gas A Elec
Con. Gas
Cons. Cigar
Corn Products ......
Cosden Oil
C. R. L A P
Crucible
Dome Mines
I). & R. G
Endicott Johnson
Erie . . . m
Fed. Ming. A Smelt.
Gaston Williams
General Cigar ......
General Electric ......
General Motor ......
General Asphalt ......
Goodrich ...........
Granby
Great Nor. Ore
Great Nor. xfd. ......
Greene Cananea ......
Houston Oil .........
Illinois Central
Inspiration
Int. Agr. Corp., o. . . . . .
Interboro . . . .
Interstate Callahan
Int. Harvester ........
Int. Merc. Mann
Int. Nickel
Int. Pacer
Invincible Oil ........
Island Oil
K. C. Southern
Kennecott -.
Lack. Steel
Lehigh Valley
Max. Pet.
Miami
Middle State Oil
Midvale Steel ........
M K. A T
Mo. Pac
Montgomery Ward
M. St. P. A S. S. M. .
M. A St. L
Nat Enamel
Nat, Lead
Nevada Con.
N ew Haven . - ........
Norfolk A W
Nor. Pacific
N. Y. Air Brake......
N. Y. Central
Ok!. Prod. Kef
Ontario A Western. .. .
Pacific Oil . . . .
Pacific Ga A Else
Pacific MaU
Pan-American Petroleum
Pennsylvania
Peoples Gas
Pur Oil
Pierce Oil
Pittsburg A West Virginia!
Pressed Steel Car
Pullman
Ray Consolidated
Reading
Replogi Steel
Republic Iron A Steel.
Royal Dutch Oil
Railway Steel Springs. .
Shattuck, Aria. ........
Shell T. A .1 ........ .
Hi.. .!..
Slos Sheffield
Southern Pac . . ......
Southern Ry. ........
St. 1- A & F.
Stromberg Caifc. ......
Hludebaksr
Swift A Co.
Term. Copper A Chem. . .
Texas Oil
Texas. Pan. C. A O. .
Third Ave. ........
Too. Products ......
Trans, Gout. Oil .......
Union Oil Del. ........
Union Pao ...........
C. 8 Rub
U. S. Smelting .......
l. S. Steel
Utah Copper ........
Vs. Chem
Vanadium Steel ......
Vivandou
Wabash
Western Pacifie
Western Union
Westingbouse E. A M . .
West Md
Willys-Overland
Wisconsin Central
rw. A L. S
55 H
1
87'
50
80
124 H
47H
46 H
48 H
62 H
86H
10H
44 H
94
83
100
123 H
68
"39
' 82 H
'91 H
34
59 H
5H
"ioH
117H
89
68 H
12 H
28 H
59
60 H
79
73 "
27
96H
16
1
61
2
82
132
14H
70 H
39
76
73 H
's"
"hi
6
100
i6
68 H
22 H
4
20
19H
66 H
52
164
18
13
81
2
18
18H
1.2 "
64 H
i i H
20
I102H
72'
113"
.54
1H
86
49
80
124
4T "
44"
47
49
85
10
43
'98
82
100
120 H
66
'39 H
'82 H
64
90
34
68 H
"5H
"i6H
116
36
68
"id h
29 H
59
60
79 H
'7i
27
94 H
15
1
6Q
2
81
181
14H
67
89
76H
"72"
'S5
"i' '
6
99
15
66
20
4
20
19
56 H
52 H
161
18 H
18H
31
2
18
17
'ii
64
"ii
20
100 v
83
72
32
47
79
40
88 H
84 H
29
92
107 H
14
76
69'
63
31
47H
76
40
88
84
29
92
1107
13
74
87
61
42
24
'79"'
22 H
89
62
8
44
24
66
. 9
22
121
71
85" "
55
88
87
7
26
86
46
10
8
"9
ltoipics?-
Secretary Houston will make no
further advances of money or extension
of credits to foreign governments with
out first consulting the senate Jujdiciary
committee.
Steel trades organisations fail to re
port any- decided change In Industry.
and say recent cuts by Independents
have attracted but little business.
Judare Gary says foreign trade of the
Steel corporation la satisfactory and
believes price cut In Industry will tend
to decrease volume of business. Tne
Steel corporation voted to extend $2 O.
OO 0,000 credit to foreigners.
United States Steel common stock
holders were about 99.000 on January
ai. and 81.800 preferred, according to
Chairman Gary.
Goodyear Tire Issues call for special
meeting: of stockholders March 4' to
consider refinancing plans and to act
on exchange of .present common of
$100 par for non-par stock share for
share, and present preferred shares
also for . Issue of bonds.
41
23
'78 H
22
'S8
60
8H
48
24
"6554
9
21
124
70
'88
65
33
88
6
'26"
86
46
9
7
"9
SB
1
1
36
48
80
123
22
47
9
45H
47
51
85
10
43
30 H
98
63
100
120
66
9
39
98
82
64
90
84
68
13H
5H
18
15H
116
86
67 H
8H
12
27
58
27 H
82
60
79
52
71 H
29 H
27
96 H
15
1
60
13
8
2
ei
131
14
67
89
22
29
76
22
72
88
35 H
10 H
5
6
99
15
15
66
20
4
19
19
65
62
161 H
18 H
13H
80
2
18
17
70
12
64
72
11
20
102
84
84 '
71
3
17
81
47
18
76
40
88
84
10
29
92
106
13
74
31
67
63
86
6
42
24
50
78
22
21 H
87
60
104
8H
48
24
19
56
9
21
121 H
70
34
88
65
84
36
, 6
7
26
80
45
9
7
33
9
Union Oil of California, year ending
December , 31, 1920, earned 24.07 on
stock, against 22.95 m 1919. f
Total subscriptions to new $100,000,000
treasury certificates of Indebtedness
totaled over $200,000,000, according to
Secretary Houston.
Work suspended on Atlantic Gulf Paris
pipe line after nearly 20,000.000 francs
had been expended on preliminaries, due
to general financial and business de
pression. Baldwin year ending December 31,
.1920, earned $15.14 on common stock
against $21.88 in 1919.
Mackay company's year eliding Febru
ary 1-, 1920, earned $5.64 on common
stock against $5.74 in preceding year. .
Special meeting of stockholders .01
Allied Chemical & Dye corporation
called for March 7 to vote on proposal
to increase present authorised stock by
$60,000,000 additional preferred and
1,000,000 shares additional common.
;
Standard Oil Stocks
Anglo
Borne Scrysmer . .
Buckeye
Cheeseb rough . . . .
Cheesebrough, pfd.
Continental ......
Crescent . ,
Cumberland
Eureka ,
Galena, c
Galena old pfd. . ,
Galena, new pfd. . .
Illinois Pip . . . . .
Indiana Pipe . . . . .
Natl Transit
N. Y. Transit. . . ,
Northern Pipe
Ohio Oil
Interl Pt ...........
Perm. Mex.
Prairie Oil ,
Prairie Pipe
Solar Refg
Southern Pipe
South Peon. Oa
8. W. Penn Oil
S. O. Calif.
8. O. Ind. 1
S. O. Kansas. ..
8. O. Kentucky .........
S. O. N. Y. ...........
8. O. Ohio
S. O. Ohio, pfd.
Swan A Finch
Union Tank . .........
Union Tank, pfd. .......
Vacuum ...............
Washington ............
B. O. Nebraska
Mex. Oil
Dried Frait and Beans
New York, Feb. 17. (I. N. 8.) Bean mar
ket quiet. Marrow, choice, $8.50; pea, choice,
$4.5005.10; red kidney, choice. $9.8509.50.
Dried fruit market dull. Apricots, extra
choice to fancy.. 24 0 $6: apple. evap
orated, prime to fancy, 6 0 18 H ; prunes, 80s to
60s. 9 017: prunes. 60 to 100s. e
010; peaches, extra choice to fancy, 160
21 H ; seeded raisins, choice to fancy. 24 026.
Chicago Potato Market
Chicago, Feb. 17. (L N. S.) Potatoes
Receipts, 83 oars; Northern Whits, sack, $1.05
01.10; bulk. 95c 0 $1.05.
COJfDENSARIES ADD SS CEHTS
TO THE PRICE OF MILK
Chehalia. Wash-. Feb. 1 7. AnnounostnentJ
ha been made by tn tjaraaxioa MUX p-rodsc
eompeajr that the company wttl pay $2.25 per
100 pounds tar mug during tne laoer nau of
February. This is an Increase of 35 cents over
the price of $ 1.90 which was paid the first
half of th month.
New Yerk Wool and Hide
New York. Feb. 17. (L N. S,) Wool
Market wsa: domosQo Oaee XX Ohio. 24
4So; domestio pulisd ooursd hasia, 18060c;
domestlo Texas sooursd basin, 40 076c; do-
saesuo territory scoured staples, bv 0 SOe.
ttidaa Market dull. Naur steer. 12 0 14e;
praaaeu ustu, sis, nominal
Closing
Bid. . Ask.
18 19
894 410
83 85
175 200
100 105
110 115
81 83
135 145
95 10O
43 48
93 97
94 98
167 172
84 89
27 29
165 160
95 98
283 287
16 16
83 86
485 605
200 205
880 890
107 112
236 240
70 73
800 805
89 . 69
600 620
400 420
850 855
880 880
107 109
45 55
108 . ,112
97 ' 100-
815 .825
28 82
405 420
97 . 99
SHORT TERM JfOTES
Quotations furnished by Clark. Kendall
Co., inc. :
Maturity.
. 9-2-24
.10-1-22
. 2-1-24
.11-1-21
.11-1-23
Security -
Am. Cotton Oil 8s. .
Am. T. A T. 6. . .
Am. T. A T. 6...
Am. Too. 7.
Am. Too. 7 ......
Anglo Am,, OH 7s.. 4-1-25
Armour uonv. vs... 1-13 .iu
Belgian Gov. 7s... 6-1-45
Belgian Got. 6a. . . . 1-1-25
Bethl'm BUel 7s... 7-15-23
Beth. Steel 7a 7-15-23
Bethl'm Steel 7s.. 7-15-23
British Gov. 5 s. .. 11-1-21
British Gov. 5 s. .. 11-1-22
Canadian Gov. 6.; 8-1-21
Canadian Gov. 5Hs.. 8-1-29
Cudahy Pack. Co. 7s 7-15-23
Inter. B, T. 7s 9-1-21
Japanes Gov. 4 7-10-25
Kennecott Cop. 7. . . 2-1-30
Lies. Myers Too. 6. 12-1-21
Pacific Ga 7a 6-1-25
Swift 6s 8-15-21
U. 8. Robber 7 12-1-23
Bid.
90
96
95
100
99
99
96 H
96
90
96
98
96
99
95
99
91
97
68
81
96
98
97
Asked.
92
98
95
100
100
100
96
97
91
97
99
97
99
95
89 H
99
08
69
83
92
99
97
98
98
Bid-on Farm Credit
Bonds Rejected by
State Land Board
Salem, Or., Feb. 17. The state land
board Wednesday rejected the only, bid
presented for the purchase of the $600,
000 Issue of Oregon farm credit bonds,
that of a M. Grant & Co. and E. U
Devereaux A Co., which offered $405,
800 for the Issue of 4 per cent securities.
In a letter announcing the rejection
of the bid G. G. Brown, clerk of the
land board, states that "the board has
given this very careful consideration
ana has consulted with members of the
legislative assembly and other parties
Interested in the loaning of the rural
credits fund and It is the unanimous
opinion that It would be unwise at this
time to dispose of these bonds at such
a heavy discount.
Following the suspension of farm
loans by the federal government, there
has been a heavy' demand from Oregon
farmers for state loans and it was with
a view to meeting, this demand that the
land board decided to revive the farm
credits fund with an issue of $500,000
in bonds. -
- SS M .. -
Stockholders Hard
Hit by Failure of
Yakima, Wn., Bank
vkim. Feb. 17. Seventeen persons
owned the 600 shares of capital stock of
the Central Bank Trust company that
closed its doors here January 27, accord
ingto a statement filed by the bank ex
aminer In the superior court here Wed
nesday. -
Sikko Barghoorn of Spokane, presi
dent of the bank, held 8S3 shares of the
stock. F. S MillichamD of Wapato, a
produce dealer, with 30 shares, heads the
list of smaller holders. Ross isner,
both as Individuals and as a firm, held
63 shares of the stock. Other holdings
were about 10 shares to the Individual.
These persons are liable, to pay $50,000
and the list was filed as part of the as
sets of the bank. Another list shows as
sets amounting to $616,694. But of this
amount $180,403 is rediscountea paper
held In the main part by the Spokane &
Eastern Trust company. Paper charged,
off amounts to $52,684. Deposits at the
date' f shutting: the bank's doors
amounted to about $420,000.
FOREIGN" EXCHANGE RATES
Corrected dally by the foreign xrhaexe de
partment of . th United States National bank.
Quotations below, except tb pound sterling,
are quoted oa the basis of 100 units forgiga
currency. , -
Opening nominal rates ea bank transection:
Draft Cable Par
London Check."' Transfer. ' Yalu.
sjo. sterling. s B.90
PACIFIC COAST BANK STATEMENT
Portland Banks
8 8.91
Pari Franc . 7.84 . 7.85
Berlin Mark. il.69 . - 1.69
Gonoa Lira.. 18.68 8.69
Athens .
Drachma .... f .80 7.60
Copenhagan I
Kroner IS. IB in. 23
Christian)
Kroner . . .- 17.80 17.40
Stockholm '
Kroner ' 22 50 22. So
Hongkong j
Currency 49. Oo 49. BO
Japan Yn .. 48.76 49.25
Shanghai Taals 66.00 65.60
$ 4.886
19.36
23.81
19.80
19.30
26.70
26.70
26.70
Money and Exchange
New" York. Feb. 17. (L N. S.) Call nsorssy
on th floor of th New York Stock Kxchang
today ruled at 7 per cant; high, 7 per cent; low.
I per cenj.
Time money ws steady.
Rate wer 7 0 7 per oent.
Th market for orima mareantil neper waa
steady, j
Cell money in London today was 6 per oent.
Sterling exchange was wak with business in
bankers' bill at 68JB8 for demand.
Foreign Exchange Market
New York. Feb 17. (U. P.) Foreign ex
change opened today with demand sterling at
$3.90: franc. .0135; ttr. .0867; marks.
.0168; Canadian dollar. .8788; kronen, .1880.
Foreign exchange closed today with demand
storting. $8.88; francs, .0726: lira, .0365;.
marks, .0167; Canadian dollars, .8688; kronen,
.1820. Y
Clea rings
Monday . .
Tuesday . .
Wednesday ,
Thursday
This Week.
,$ 6.207,535.90
,. 8,944,748.74
,. 4,483.260.TO
6,479.493.10
Tear Ago.
$ 6.957.149.11
6.596.305.88
5.039.142.92
6,4 12,864.75
.$
850.019.00
138.646.00
Clearing Thursday . . . .
Balances Thursday
Spokane nana
Clearings Thursday .$1,814,098.00
Balances Thursday 849,210.00
8aette Bank
Clearings Thursday $ 4,545.449.00
Balances Thursday 768,923.00
San Francisco Banks
"taearings Thursday ...$21,700,000.00
Lo angei sanRs
Clearing Thursday $16,858,758.00
Liberty Bond Sales
(Reported by Overbeck A Cooke Co.)
tugn. lyow. cjiose
Liberty, 3s
Liberty, 1st 4s
Liberty, 2d 4s
Liberty, 1st 4s. ..
Liberty. 2d 4....
Liberty. 3d 4....
Liberty. 4th 4..,
Victory, 4Hs
Victory. 3
9128 9114
8748
8706
0O02
8724
9734
9732
8732
8690
8996
8706
9726
9726
9120
8732
8680
8786
8890
8996
8706
9782
9732
Retail Credit Men
To Continue Move
Planning to continue the campaign to
educate the punlio in quicker payment
of bills, the Associated Retail Credit Men
of Oregon has decided to open permanent
headquarters in the Gasco building,
where a secretary will be In charge all
the- time. The organisation Intends to
continue bringing pressure upon slow
paying customers and reduce the no pay
and fraudulent check . liabilities - to a
minimum. The association ia also plan
ning to protect . individual members
against periods of stringency, thus doing
away with many bankruptcies.
Spokane Bank EZecte Officers
Spokane, Wash., Feb. 17. A. W, Lind
say, president of the Fidelity National
bank, was elected president of the Spo
kane clearing house at the annual meet
ing Tuesday afternoon. George II.
Greenwood,- cashier of the Old National
bank, was chosen vice president, W. T.
Triplett, vice president of the Spokane
A Eastern Trust company, was chosen
secretary and Joseph Bailyr vice presi
dent of the Fidelity National bank, man
ager. 0 A.
Capital Stock Increased
Chehalis, Wash., Feb. 17. The Cheha
lia Mill company Saturday filed amend
ed articles of incorporation with the
county auditor. Increasing the capital
stock from $100,000 to $150,000. The
company was Incorporated in 1916 for
$60,000. increased in 1920 to $100,000.
The mill, which has had a very rapid
development, is located in South Cheha
lis and ia managed by C A. Doty.
Power CoTJipguiy Elects Officers
Spokane, Wash., Feb. .17. D. I, Hunt
ington was reelected president of the
Washington . Water Power company at
a meeting of the board of directors Mod
day. W. J. C. Wakefield was named
chairman of the executive committee for
the coming year. J. M. B. Richards, W.
E. Coman and Wakefield, all of Spokane,
were named vice-presidents of the com
pany. . -
1881
Cxpertsacs
CnnlFfasBt
efficiency
1921
Let Us Systematize
and Simplify Your
Printing
and Accounting
F.lV.Baltes
& Company
Printers Mala K8WMt-S
Sure-
because they are paid out of
taxes.
Stable
because, they are" the general
obligations of a century old city,
that has always gone forward.
$Jo General
Obligation Bonds
'Astoria
Dim 1922-30 Prices
to Yield
sy2
INCOME TAX
EXEMPT
. BROADWAY AND OAK
OS
20 Le
Tire Cost .
' Figuring on a basin of ZOO, 000 cars
in Washington and an average tire
upkeep of $100 per car, Washington
motorists-spend $20,000,000 annual
ly for rubber tires. Ib is conceded
that 20 is a low estimate of the
decreased wear of rubber tires over
a resilient, bituminous pavement,
as compared to wear over rigid
'pavement. At this rate If all tires
were used - solely on hardsurf aced
roads a net saving of four million
dollars a year for Washington mo
torists , would result through use of
the resilient type of pavement
known as
WARREN ITE
BITULITHIC
We own and offer $ubject tojprior sale: 4
$60,000
Copper Export Assn., Inc.
8 Secured Gold Notes
to yield 8 to 8-30
i '
These notes are not only secured by copper to approximately. 1 1-3
times In value the amount of each note, but are guaranteed by the
stockholding companies of the Copper Export Association. These
great companies represent about 7o of the copper production of
me u nucQ states. .
1-year, due Feb. 15, 1921, at 100 to yield
2
3
4
" 1924,
" 1925,
99H
99 J4
99
We reserve the right to -withdraw
..8.00
...8.15
..8.30
..8.30
this offer and
advance- the price to accord with market conditions
Freeman, Smith & Camp Co.
.SOUND FLOOB
LUMBgRMKNB BUIlt)IN
riFTH AND STARK
VAV n7to
AM r)ANC!S0
OUR BOND DEPARTMENT is
equipped to givQ the same reliable, effi
cient and courteous service in investment mat
ters, which characterizes the service of every
department of this bank.
Our off erinsrs include the highest type of gov
ernment, municipal and corporation securities.
lEMEIIV
nTv i!V2:tiaf jVLTiv rai,;iz E"?
It