THE OREGON DAILY JOU 11TAI PORTLAND, OREGON.
MONDAY, AUGUST 21, 1922.
SALES' OF: IDAHO POTATOES TOO SMALL TO ESTABLISH MART
BUTTER MARKET ; .
IN BETTER SHAPE
MONDAY DAIRT TKABE
Bittrr. Eggs. Cheese.
( shf Fx. Select. Flats.
Portland S1 , . Swe 89e
San Franelseo ...42e SSe tie
Chicago ..StMee Me-' le
Xew Tor JHe We Mtte
Seattle ... S9c SOe 2c
tog Angeles ., . 33c
Good quality butter shorred an improved
t-ne at the opening of the trad Monday, fol
lowing ery nk undertone on Sstutdsy.
Market is still overstocked with poor erades.
which can hardly be moved. Price did not
rule any different than Satorday. sKfaough
soti. dealers were quoting as low as 3c on
canes. Majority of tie trade i doing business
annnd 3"- per lb.
Esa market i in good shape, with receipts
nrnring out in a liberal way. Ruvers are ray
ing 23 (St 26c per dox.n, Portland delivery basis.
Sc'linz prices in I'ort.Iand mie around 28c for
randiea receipts of mixed colors and 30c for
e cts.
Call for cheese continues Brisk.
Persons desiring information regarding any
tnark.f. ?hcnM wn'e the Market Ed'tor, Ore
gon Joumai, inclosing atamp for reply.
WATEBMELOX MARKET FIBMEB
Vnllowing a general cleanup of the water
melon market price were advanced about 1 e
per lb. along Front street. Brokers reported
buvers offering better prices.
CA5TALOUPE QUALITY POOR
Quality of canialoupe arriving n the
street is none too so'id Prices were un
manned for the day. Standard generally being
nu-ted at 12.25 yind flat.' ut $1.00.
31 EATS, POULTRY UNCHARGE
N' changes were shown in meat and poul
trv. although the latter market appeared to b
a ii'fle weak owing to the Urge amount of
holdovers from Saturday.
BRIEF XOTES PROIUCE TRADE
Tomatoes selling generally at 50c per boa.
Pche5 moving CO.. all the way from 40
RSrc per bo, depending upon the color and
quality. Valley pearlies subject to dry rot,
ar goinj at the lower figure.
Crabapple price remain firm - t. 75c per
peseh box or $1.50 per apple hoi.
Huckleberries are scarce, bnt. moving out
freely at 20c i-er lb.
1 'orn prices were a little higher, the trad
being asked to pay $2.25 pet sack ,1 six
dzi ear.
Ixical ajip'rs selling from 7."ctt $1.5 per
bT. and the California Gravensteins at J3.00
Jr2j.
SHIPPERS' W FATHER XOTICE
Weather haresu advised Monday.
Protect, shipment during tl nest 36 hours
against the. following maximum temjierstures :
Going north to Seattle. "0 decrees; northeast
to Spokane. SO degree eapj. to Baker. 85 de-g-ce.
and srut.Ii to Ashland", S5 degrees. Maxi
mum temperature at Pcrtland it morrow about
80 dsrocs.
PLENTY OF SALMON OX MART
There are plenty of fancy Chinook salmon
on the market and at this time of year, while
the fi-h are fre.-h run, uualit is very choice.
There are also plenty of fancy pink meated
saimon on the market at prices below Chinook.
Halibut seems, to be rather scarce with prices
tiffening up a trifle. SmaU fish continue
scarce.
PORTLAXD lVIIOi.-;. PRICES
These are the prices retailers pay w bole
Balers, except as otherwise noted :
BUTTER Selling price, box lota; Cream
ery prices Prints, extras. 44e. for plain wrap
pers: cnbe. extras, 3!ft?38c per lb.; dairy
buying price, 22 22 He lb.
BUTTERFAT Portland delivery basis; No.
1 grade. 44c; No. 2, 41c; No. 1 sone. 42c
for "A" grade.
CHEESE Selling: Tillamook. triplets
2S2!tc; Youiii; America, 29.H0c:
Oregon triplets. 23 24c. Buying price, f. o.
b Tillamook: Triplet. ;ft; Young Americas
and longborns 27c. Selling price: Block
.Swiss, fsncy. 31(ff32c,' Limburger. 2428c;
cream brick. 22 & 24c.
KGGli H-nyinc price. FYont street: ' Cur
rent receipts. Westeru Oregon, 22e per
dosen; Eastern Oregun. 20c per dozen ; hen
neries, 24c per dozen; selling pri"e, select, SOc
per dosen.- pu lets, 25c Per dozen. '
EGGS Association selling prices: Select.
20c; brown. 2c; firsts, 27c; pullets. 25e;
pw,s. luc; cracks, 20c dozen.
LIVE POl'LTRY Selling price: Heavy
hens 22ciw rih. ; light hens. 1 3 g 1 4c ; broilers.
Kocks, 20a-22c; other broilers, 1820c per
lb.; old rooster. 10c.
FratH Fruits and Vagetables
rRKSH MtCITS Oranges. tS.OO A 10.50
bos: bananas. Dla'JHc lb.; lemons. aW.OOta I
8 00 per case; grapefruit. Florida. ( );l
c.htn,ni. S4 75 las 7.25 : peaches, 75c(8 I
Cl OO: cantaloupes. l.O0(2.25. watermelon...
'llHc lb.; aiiticcts, 2.0O2.25 crate;
tea cream melons. 3c lb. : honey dew melons,
5c; casabas, 3 htf lb.
BERRIES lia.-pbernes. 2.50 per crate,
blackberries Sl."." vf 2.0O; strawberries, f2 50
UHIEI) ERCITS-lates. $4.50tJ.O0 figi
white. $3.50(9 3.7 5 per box; prunes, 40s
smi 80s SO-Ib. bs'x. 14o lb.; 50s and 80s,
ONIONS Selling price to retailers: Walla
Walla, SI. 75: garlic. 10 15c per pound;
green onions. 30c per dozen bunches.
POTATOES Selling price to retailers: Or
egon tal. $2.00(2.50 ptr cental; sweet po
tatoes, S2.50 cratt; new potatoes, $2.00 (g
' 2-25 per centsL
VEGETABLES Beets, 40c per dozes
Ibunchee ; cabbage. SHe Pr " to. ; lettuce.
$1 752.0O crate; carrots,- 40e per dozen
bunches tomtatoer. Oregon. ;6u$7c; aUa
Walla. 75Oc ir lug; horsa ridish. I5c
lb artichokes. I 1 $1.00 per dozen; cauli
- flower. ( ) per crate: celery. ' 75c 1.00
ptr dosen; summer squash. 5c; corn. 20o
' ''pVLES New crop. 50c s" $1-25.
Masts
- COOSTBT MEATS Selling prices: Coun-'j
- try bogs, 17 1 1 ite; aeavy siuii less; ve,
t.I tabout 80 to 100 lbs.). 15c lb.;
heavy stuff less: lambs, 18c lb.
SMOKED MEATS Hams, 2S3 35o lb. :
- break fat bacon. 2 5 4 5c.
PACKING HOUSE MEATS Steer beef.
14 ft 15 He lb-; heifers, 13 fie lb.; cows, 13c
lb.; lambs, "18 20o lb.; ewes. 105l4o lb.;
boes, 10 H lie in.
LARD Kettle rendered, 18e lb, ; tie res
basis, compound. 14 He.
arocaria
BEANS. Small white. $8.7 i. large whit.
- SH.75; pink. $7.00; l:maj. $10.50; bayou,
$6.75: red, $8.75.
HON EYi New $4.50 5.50.
BICE Japan, No. 1, 6c; Blue Rose, OHe
lb: ; New Orleans hesd. 6 He
COFFEE Roasted. 21 H S3 Vic lb.;, in
' sack or drums.
SALT Coarse, half ground. 100s, $15.50
. ton: 50s, $17. 95: Ubl dairy &0s, $27.50:
bsles, $3.30 m 4. 00; fancy table and dairy,
$34.50; tamp;. $26.50.
SUGAR Cube. $8.75; fruit and betrv.
T.80; yellow I. $7.20: best granulated.
$7. SO: extra C. $7.40; golden C. $7.80.
CANNED MILK Tails, $4.50; baby sice.
$4.40 case; Eagle. $9.35 case.
SODA CRACKERS In bn!k, 14c. Ib. "
Mils Walnuts. 33 33c lb.; almonds. 24
' s2a lb.: txUberta. 20 22c lb.; peanuts. lO
(15c lb.:, pecans, SO 32a lb.; Brazils. 18
22w 16.: chestnuts. Japanese, 22$24e lb.
Ftsh and Shallftih
FRESH FISH Chine, fresh, 16 918c;
halibut. lS,I7c ib.; black cod. 910c lb.;
basset kippered cod. 82.0O; ling cod. 7 9 8c
lb.; sole. 10c Ib. ; sturgeon, J0e.' lb.; thad,
dnssed; 7c lb.; roe shad. 10c lb.
OYSTERS Eastern, $4.50 gL: Otympia.
$8.00 per galion. $1 40 quart: cralis, iarga.
- S3 SO dosen; small. $2.50 dnzen.
Hops, Woe and Hides
HOPS lt21 rrod, nominal. 15o rh.
HIDES Calf skini. 12 13c Ib.; kips, S
f llo ib.; grcea uaes. Base la. : salteo. 1 m
9e th.y
klOHAlK Nominal, 20c32c lb.
SHEEP PELTS Long dry pelts, ls20c;
Sort tieitsj 9 as) 10c lb. l long hair a out nelts
. 10t2 ib.; abort hair coat pelts, 20 SOc
each, ry
WOOL WflmiBcttw, tmlley. coarse. S
SOc; medium, $0 ft 32c lb.; fins, 30 35c lb. ;
iUstera Orvgoe-Iiiabxi, 3r40c Ib,
TALLOW AXD GREASE No. 1 tallow. B
15 H; so. : grease, H
' a Ds -- -"4 f -
CASCARA BARK J922peeCeHe: 131
kws4, me to-; grapa iron c s.
Rof, raint. Oil
HOPE SisaL a&lc; aUnfla. lHw
J8e pet IK
WIRE SAILS Base price. $4 keg..
WHITE LEAD 1 0ti lb. keg. 12 He lb.
LINSEED OIL Raw. bblg.. L1; ketHa
boiled. boL. $1.12: raw. caasa. $1.2$; boiled,
eases, $1.25 gaHoa. . i
GASOLINE iron bbla, 2c; caawa, SSe
Btr-jrallon. v ,
- TERPENTINE 5 -gallon cans. $LT1 gal. .
- Lumbar and Shinglsa .
" IiStart carload - lumber sales sy rasnrfsrtnT
svs. q"so(ation tenreamtinc f. ss b. mill values
1st direct sales to retailers ar4 nociuding aeiimg
T- expensws: . . j .- .... - .
GASKET
ma.it- Pact ..
Owing , to the continued ' 'warm
weather the -pear crop has come on
earlier this year. Local Bartlett pears
are ripening fast at the present time,
and are being brought on the market
in a liberal way. i '
Addresses of many country points
close to the city where fancy Bartlett
peara and other fruits and vegetables
are for. sale can be found readily in
the classified ad section" of The Jour
nal. ) . . .
Within a week or 10 days local to
mato crop will also be at its peak, if
present weather continues- Tomatoes
are ripening fast, and are arriving on
the market in a more liberal way al
most every day. Prices, however, will
probably not be much lower than they
are at present.
Crabapples are also on the market.
Season on this fruit is trenerally short
lived. The housewife, who wants good
crabapples usually makes early reser
vations. Toward the close of the sea
son crabapples are generally too soft
and mushy to make good jelly.
Peaches are about. a.s cheap a fruit
as is being offered to the public at
present. Unless a very fancy quality
is desired, the consumer should be
able to buy peaches for$l to $125 per
box, depending upon 'the colgr and
quality of the fruit.
Retail prices generally show:
Buttr Fresh creamery. 4851e.,
Fish Salmon. 20 25c; halibn, -' '25c ;
black cod, 1 5c. '
f-ggs 23 35c down.
Flour Beet local patent, $2.00 2.25 per
49-lb. sack.
Potatoes New. 4 5c lb.
Onions 3 4e per lb.
Yamhill street prices Carrots. 5c bunch:
string beans, 5 (8 Be pound; peas, 13 15c
lb.; cabbage, 4c lb ; cauliflower, 30c head:
lettuce, 510c head; new potatoes, 8 4c
per lb.
Corn Green, 20 80c dozen : Golden Ban
tam. 40 4 5c dozen. 4
Honey Tomb, 25c: quart. 60c; pint, 35c.
Eggs Public market, 27 32c; private
store, 30 6 35c dozen.'
Poultry "Light hens. 22c lb.; heavy hen,
over- 4 lbs., 20c; fryers, 80c lb.; broilers,
35c lb.
Strawberries Best Oregon strawberries, 13
1 5c lb. ; raspberries, 13c; loganberries, 8c ;
wild blackberries, 20 &2 5c.
Cantaloupes Fancy" stock, L0 1 5.
BCTIXO CONTINUATIOX 3IAKES
COTTOX "MARKET STRONGER
New York, Aug. 21. The cotton market
chowed continued strength at the opening
tday. with .prices making new high ground
for the movement. This was due to s con
tinuation of the buying movement, which was
inspired by deteriorating crop prospects ami
reporta of an improving trade demand last
week. First prices were 31 t o 53 point")
aoove the closing quotations of Saturday, and
December contracts sold np to $22.88,, making
nt advances of sbout 45 to 55 points on the
active rx-sition. At this level December showed
a recovery of no less than 27 points from ,
the low pnee of last Tuesday snd to within
17 point of tixe high record estabhshed at
the beginning of July.
Naturally enough this advance was sufficient
to attract a good deaf of realizing, while con
siderable hedging also was reported; Such
offerings were readily enough absorbed for the
first few minutes, but private reports came
in 'reporting showers at a few points in
Northwestern Texas over the week-end and
the market eased off some.' 30 to 40 points
from the best before the end of the morning.
The opening advance was stimulated by
the continued strength of Liverpool and re
iterated reports of an improving demand for
soods.
With a further" sharp advance the market
drew close to the extreme high point at the
beginning cf July. lecember contracts -reached
$23. OO. a recovery of nearly 300 points from
the low of last Thursday. Buying was again
inspired by the deteriorating crop prospects
and repr.;ts of an improved trade demand. It
was maintained from beginning to erul. The
market clused at an advance of 52 to 58
points.
Furnished by Overbeck & Cooke company,
Board of Trade building: -
Open. High. Low. Close.
January... 22.MI 2270 2425 2273-2275
March...; 2255 2274 .... 2275-2280
May..... 2246 22t 2220 2252-2265
July 22o 222S 22."0
tVtober. . . 22SO 23IIO 2240 2205-23001
December. 22SO 2300 -224U 2295-2300
New York spot market 2320 ; steady.
Liverpool cotton closed 50 points up.
DAIRY PRODUCE OF THE COAST
San Francisco Market
San Francisco, Cal , Aug. 21. (C P.)
Butter- Hxtras, 42c; prime firsts, 41 He;
firsts. 40c.
Eggs Extras, 36c; extra firsts, 34c; extra
pullets, 28c: undersized pullets, 15 He.
Cheese California flats, fancy, 22c; firsts,
19c.
Seattle Market
Seattle, Aug. 21. 'Eggs Select ranch. 30c;
pullets. J(3c.
Butter City creamerx. 43c; bricks, 44c.
s'lieese Oregon triplets, 23 24c; Young
Americas, 26c.
Los Anaels Market
Los Angeles, Aug. 21.- Butter
Egs Extras, 33c; case count,
44e.
31c; pul-
23 20e;
lets, 20c.
Poultry Hens, 16c: broilers.
fryers, 26c.
Chicago Dairy Prodnce
Chicago, Aug. 21. (I. N. S.) Butter
Receipts 17.102 tubs. Creamery extra, 34 He;
extra firsts. 31H33Hc; firsts. 29 H
31c; packing stock, 23 24c
' Eggs Receipts 17.614 cases. Miscella
neous, 2lH&22c; ordinary firsts, 2021c:
firsts. 22H$23c; checks. 15 16c dirties.
16(&17c
Cheese Twins, new. 1 8 H e ; daisies, 1 8
i 18 He; Young Americas, 1 9c ; longhoms,
20 20 He: brick, 18c.
Live Poultry Turkeys, 25c; chickens,
18c; springs, 24c; roosters, 13 He; geese,
1 4c; ducks, 21c
Sew Tork Cottonseed Oil
New York. Aug. 21. August. 950 Hid;
September 835 w 850; October 855 857;
November. 786 78T; December, 780a7ft2;
January, 782 V 788: February, 782 6 785;
March. 783 790. Spot 90 bid. Sale
18.100.
New Tork Metal Market
New York." Aug. 21. - Copper Steady.
Spot, August and September. 13H 13r.
Lead- Steady Spot August and Septem-,
ber, $5.80?S.9O.
Spelter Steady, Spot August and Sep
tember. $8.17 H 8.27 H.
Xew York Potato Market
New York. Aug. 21. j(I. JJ. S.) Potatoes
(in bulk, barrel or bag) Market, steady.
Nearby white. $ 1.00 (? 2,50 ; Southerns, $1.00
1.50.
s New York-London SUrer
New York, Aug. 21. Commercial bar sil-
er. 09 S c ; foreign, H c higher art 69 c.
London, Aug. 21. Bar silver, quarter high;
r at S5d.
Naval Stores Market
New York, 'Aug. 21. Turpentine, Savan
nah. $1.23; New Y'ork. $1.28.
Rosin, Savannah, $5.85; New York. $6.25.
FINISH:
1x8 - JO 56.00
CEILING:
Hx4 No. 2 and bet, 37.00 85.00 87.00
DROP SIDING: , -
Ix No. 2 and bet. 41.00 33.00 40.00
BOARDS AND SHIPLAP:
1x8 10 K i8 60 14.SO ?16 60
DIMENSION : V
2xtiVi4 -Vi.-18 50 ".SO '16.80
SMALL TIMBERS:
4x4 12-16 22.80 16.50
-i LATH:
4 ft. No. 1 fir..-.:.. 5.S0 3-75 ......
SHINGLES:
A shinglas. . . , . 3.82 s.00 .
Total sales by 19 anils. 9.393.000 feet
Hi
OYerbeck & Cook Co.1
BROKERS
Wsmketi Chtaao Beard of Traxla,
Bowra of Trade Btda, Pertmiwi.
sfldlaton, Or, kVaila Walla, krasli.
STOCKS, BONDS, -GRAIN
AKD COHON ; i
. DIRECT JPKiyAtE WUtES '
Logan & Bryan i
XETT TORK AJTD CHICAGO.
MOST SHIPMENTS
ROLLING UNSOLD
Too few sales are reported from Caldwell.
Idaho, to establish potato market at that
point, although th stock continues to roll out.
Nearly, everything is: being consigned. 1 ldabo
farmers are taking snitch less for their potatoes
than Oregon farmers are asking, and as a
result this market is being supplied with Idaho
stock. si,, : ' - - r-' i.
Total Oregon-Idaho shipments to date are
not as heary as a vear ago, the figure being
730 cars, against 7237 for last season. "
" Shipping point - formation. Friday, Aug
ust 1: -
Caldwell, Idaho, afnd 'nearby points: Hot,
Clear; hauiings moderate, tighter, account tem
porary car shortage; too few sales to establish
a market; most shipments rolled unsold.
Minneapolis, Minn; Minimum 71 degrees,
maximum 81 degrees; light wire inquiry; de
mand and movement slow; market steady. Ssnd
land district, rsrloads, f. o. b. usual terms,
Minneapolis and St. Paul rate, sacked Early
Ohios, field run and partly graded, very few
sales, 90 65c. i
Kearney, Nek.; and nearby points- Warm,
ckudy; hauiings modierate; light wire inquiry;
demand and movement slow, market dull. Car
loads f. o. b. u-ual terms, sacked Early Ohios
No. 2, wide range in quality and condition, few
sales 65S0c, mostly around 70c.
Raw valley, Kansas Hoi, clear; hauling
light; light wire inquiry; no demand; practi
cally all shipments roiled unsold.
Liverpool Weakness
Causes Early Sales
In the Chicago Pit
Chicago. Aug. 21. After making new low
prices for all deliveries of wheat, the market
turned stronger today snd from the low prices
of the morning scored a substantial advance.
The main csuse of the early selling was the
pronounced weakness at Liverpool, that market
opening at a sharp decline and later weak
ening stili more, closing 2a to 4 d lower,
the biggest decline being on the near month.
The export demand on the break here and
sales were reported upwards of 500,000 bushels
here, with business at the seaboard placed at
about 1.000,000 bushels in all positions.
Spring wheat reports' from both sides of the
line were favorable. , Shcrts covered freely.
The risible "supply increased 1,394,000 sjushels.
Cora rallied with wheat, after a tharp set
back in the first hour. There was a good de
mand for cash com apparently and the mar
ket was fteady. Country offerings werw light.
Export buying was of small proportions. Re
ceipts were estimated at 240 cars. The. visible
supply total stork showed a decrease of 2,
310.000 bushels.
Oats were steady brrnghout the day. Ort
the early dip in otber grains, the market was
steady and there waa free buying by commis
sion houses and by shorts which found offer
ings less heavy than recent')-. The visible
supply increased 424000 bushels. Receipts
were estimated here ait 250 cars, with primary
receipts 1.387,000 bashels, against 1,302,000
bushel a year ago.
Ran
of Chicago!' prices
as furnished by
the I n
ited Pre:
WHEAT
Open. High. T-o'.v Close.
Sept 98 :10J 97 . 100 7i
Dec. 100 102H 100 100H
Msy 1054 1074 104 107 H
CORN
Sept. 58 H : 594 58 59 H
Dec 52 54 62 H 54 H
Msy 56 ' 57 i 6B 57
OATS
Sept- 30 H '; 31 H 80 H 31 H
Dec. ..... 32 ? 33 H, 32 33 H
Msy ..... 36s 37a 36. 37 Vs
LARD
Sept. ...,1045 i45 1017 1020
Oct.' 1057 1057 1025 1025
RIBS
Sept- .... Nominal .... .... 975 i
Oct Nominal .... 940
Eastern .Cash Wheat
Chicago, Aug. 21.-' Cash wheat: No. 2 red.
$1.0O H C 1-01 H ; No. 1 hard. $1,01
1.034 : No. 2, $U01H 91.03H ; No. 3,
$1.00 u, ig 1.01 ; N. 1 northern spring,
tl.081.09V4 : No, 2. $1 .03 H ; No. 2
mixed, fHc$1.00; No. 1 dark northern
spring, $1.16lrrOT4.
Com No. 2 mixed, 604361Hc; No. 3.
R0H&00tr; No. 1 yellow, 02c; No. 2.
01 i i2c; No. 3, ISO '62c.
Oats No. 1 white, 32c; No. 2, 31 "4
33c: No. 3, 30(32c.
Winnipeg. Aug. 21. Cash wheat: No. 1
northern. $I.16; No. 2. $1.104; No. 3.
$1.054: No. 4. 89ic; No. 0. 77c; No.
6. 70 '4 c; feed, ! 594 c: track, $1.034-
Minneapplis. Ang. 21. Cash wheat: No.
1 dark northern. $1.14 H fa 1.21 H : No. 2,
$1.1141.184; No. 3 northern, $1.024
1.084 ; No. 1 dark hard Montana. $1.11 H
1.21 ; No. 2 dnmm. 79Hg 8Hc; No.
3. 75 H 8SHc.
"ew York Hotter and Eggs
New York. Aug. 21. (I. N. S. l-j-Butter
market firm. Creamery extras. 3637Hc;
creamery firsts, 32 36c; creamery higher
scoring, 3H38He: state dairy tubs. 27
35Hc: renovated extras. 28 H 29c.
ilieese Market steady. Whole milk, fancy
Young Americas, 20 He.
Eggs Market irregular. Nearby white,
fancy. 52 & 54c; nearby brown, fancy. 34
40c: extra., 3032c; firsts, 24 26c. .
Milk The nominal iwholesale price is $2.69
per quart, delivered :in New York. Official
quotations discontinued.
Minneapolis-Dulnth Flax.
Minneapolis. Aug. 21. Flax September.
$2.21 X; October. $2.16; Novamber. $2.14.
December, $2.184; track, $2.294
2.804: arrive. $2.244.
Intluth, Auet 21. Flax September.
$2.21 "4 : October. $2.21 H; December.
$2.17 H: track, $2.35 4: arrive, $2.27 .
Bneno4 Aires Wheat
Buenos Aires. Aug. 21. Opening: Wheat
September, $1. 1 1 H, 1 He lower; February.
$1.06 H, le lower.
Corn 4 e higher,
Flax 2c lower. 4
Oats Unchanged.
Weather Light rains. -
Chicago Potato "Market
Chicago, Au. 21. j fl. N. S.) Potatoes
Receipts 32 cars New Jersey Cobs, $1.50
1.60: Nebraska Early Ohio. .$1.00 1.10;
Minnesota Early Ohias. $1.001.15; Wis
eoiuJc Cobs. $1.36 1.56.
Winnipeg Wheat Options
Winnipeg, Aug. 21j Wheat:
Open. Close.
October . . 994 10O4
December . . . 97 Va ' 88 H
May a. . . 102 103 H
Minneapolis Wheat Options
Minneapolis, Aug. 21. Wheat: f..
Oiien. Close.
Sep. .-. 101 103
Dec. 102 H 102,
May 1064 10TH
Liverpool Wheat Market
Liverpool. Aug. 21 Wheat:
; Open. Close. Loss.
September ......... 9s 8s lOd 4 4 d
December i , s . 8sl0d 3Hd
San Francisco Cash Barley
Ran Francisco, Aug. 21. ft. P.) Barley
Spot feed, per cental. $1.17 H 1.20; snip
pins, $1.25 1.35. . i
ra-iBisaaii
I
Printing
For Every
Purpose
EW.Baltcs
lTl?intrSBraa1w.T
&Comp
OREGON WHEAT
TAKEN FOR SEED
MONDAY "WHEAT BIDS
Tear
Bid. Else. ago.
Hard white Sl.7 Je $139
Soft white 1.97 Se IjsS
White clob "1.67 2e- 18
Hard winter .... 147 4c .147
Northern spring. . 1.97 4 1.97
Red Walla .... IMS Se 1.9S
SEW OFFICERS ELECTED
The following officers were elected
for the ensnlng year by the Merchants
Exchange association at Us session
today: K. E. Ryer, president; T. A.
Rlggs, Ties president; It. 8. MeCarU
seeretary-treasarer; A. Mi' Chrystall,
director; H. A. Martin, director.
NORTHWEST
(Compiled by the
ORA1N RECEIPTS
Merchants Exchange.
CARS -
Wheat.
Portland Mon;. 185
Year ago.. . . 310
Season to- date. 2059
Year ago . . .4658
Tacoma Sat... 20
Year ago ... 78
Season to date. 758
Year ago . . . 122
Seattle Sat. . . !
Year ago ... 20
Season to date. 029
Year ago ... 701
Barley. Flour. Oats.
7
1 3 15
fiO 201 69
59 339 117
...
1 15 1
137 18
32 172 10
11 2
. 2 ' l
1 3.",8 NT
17 200 20
Hay.
18
1
295
193
1
1
45
60
"i
268
227
WaTJa Walla, Wash . Aug. 21. Nine car
loads of Turkey ted and hybrid certified wheat
seed have been ordered by the First State bank
rf Prescott for use of farmers in that vicinity.
Purchase of the wheat was made in Umatilla
county.
According to Slaurice B. Hill, cashier of the
bank, it was believed by those in charge of im
)rting the wheat seed that nbt more thsn two
carloads would be ordered by the farmers when
the idea was first put to them.
Cooperating, with Hill in the purchase of
the wheat was Fred Bennlon. county agent of
Umatilla, who was responsible for placing the
ou for seed. '
Liverpool wheat market took the greatest
price drop over the week-end that it has suf
fered for some time, the drop on September
being 4 4 peace, or sbout 9 H c lower than
Saturday's clotting 'price. Closing prices on
the Liverpool board Monday were 8 shillings
10 pence f ir both September and December
dehvery. Monday's quotations were about the
level of prices, quoted before the war.
Chicago aloao showed a price decline, open
ing 1 c . below Saturday's close. At one time
during the day the market was as low as
61 r ier bushel.
tMlEAT Buying price, tidewater track de
livery: Club, $109a1.10 per bushel; or
dinary bluestem, $1.22: Big Bend bfuesteni.
$125; Turkey red, $1.101.16; red Rus
sian, $1.07.
FIXIUR Selling price, mill door: Patent.
$7.20; Willamette valley brands. $5.70
5.85; local straight, $5.40; .bakers' hard
wheat, $7.20; bakers' bluestem. $6.80; bak
ers' pastry. $5.90 per bhL ; graham, $8 00;
whole wheat. $.20; rye, $6.80 per bbl.
Price, for city delivery, 15c extra; suburban,
20c extra.
HAY Buying price: Willamette timothy,
fancy. $20.00; Eastern Oregon timothy.
$22.00 per ton: clover. $17 00 18.00;
straw,' $8.00 : alfalfa, $ 18.30 18.50; grain
hay, $17.00 i 1 8.00 per ton.
(TRAIN SACKS Nominal. No. 1 Calcutta,
10 10 He for new crop delivery. Domestic
bags. 1 0 H c each.
MTLLSTt'FFS Mill run at mill, sacked,
ton lots, $31.00; csrlosd lots. $30.00; mid
dlings, $43. 0O per ton.
OATS Per ton. buying price: Feed,
$35.00; milling, $36.50.
BARLEY - Buying price: Feed, $27.50;
brewing, $29 50 g 30.00.
FEKDSTUFFS -F. o. b. mills: Rolled bar
ley. $36.00; whole barley. $34. OO; alfalfa
meal, $3O 00 : cocoanut meals. $38.00; cracked
corn, $39.00; whole corn, $37.00.
Merchants Exchange bids:
WHEAT
Aug. Sept. s !,,.
Hsrd white
Soft white
White club .....
Hard winter ....
Northerin spring .
Red Walla
No. 2 white feed'.
.$1.07 $1.07 $1.07
. 107 J. 07 1.07
. 1 (17 1.07 1.07
. 1.07 1.07 1.07
. 1.07 1.07 1.07
. 1.02 1.02 1.02
OATS
32.00 31.00 31. 0O
No. 2 gray
. 31 OO 30. OO 30. 0O
BARLKV
Brewing 20 1)11 28.00 28.00
Standant feed .... 27.T.O 27.00 27.00
CORN
No. 2 eastern yellow 2-50 28.50 28.50
POTATOES ALONG THE
COAST
.San Francisco Market
San FranrUeo, Aug. 21. (U. P.)
toe -Salinas river new, $1.50
-Pota-12.00;
sweets, $4.O0(4.50.
Oreen Onions $1.25 1.50.
Tomatoes Mexican best, per Los Angeles,
lug 50Gx7 5c.
l'eas 75 (5 85c.
Seattle Market
Seattle, Aug. 21. (I. N. S.) Onions
Walla. 1 4 2c.
Potatoes Yakima, $40.00 45.00: local.
2o Ih.
Los Angeles Merket
Los Angeles, Aug. 21. Potatoes New
stock, mostly $1.75; Nortb Rivers, $1.75
1.90.
San Francisco Poultry Market
San Francisco. Aug. 21. (IT, P.) Poul
try Broilers, 1H to 1 4 lbf., 28 SOc; 2
to 2H lbs., 2-8 30c; fryers, 32 33c; young
roosters. 3 lbs. and up, 38 42c; staggy.
23 30c; colored old roosters, 17S)18c; Leg
horn old roosters, 1 4 1 5c ; Leghorn hens. 2 H
to 3 lbs., 14 (g 18c; 3 lbs. and over. 18-(20e;
large colored bens, 20 32c ; ducks, young,
18J20c: geese, young. 20 (a? 22c; live turkeys,
old, 32(2 35c; spring, 50g55c nominal;
squabs, live fancy, 50 ft 52c.
Capital Highway Water District
MULTNOMAH COUNTY
t i -
WATER
Bearing
6
Dated July t, 1922
Due serially 1932-1941
Denominations $500-$ 1000
Exempt
Federal Income Tax
f i
Principal and semi-annual interest payable at Ladd &
Tilton Bank, or at the quarters ; of Morris Brothers Cor
poration, Portland, Oregon. , j
These bonds are general obligation of the Capital Highway
Water District comprising 24(90 acres m Multnomah
County, -directly adjoining: the jcity of Portland on the
southwest, and rapidly building.np with modern suburban
homes.
MORRIS BROTHERS CORPOMTION
Government and Municipal Bonds
MORRIS BUILDING PnTlPTlfi ClrOfffXn 3owl STARK ST
BROADWAY 2151 xUl UalLUeVlAUli SAFE DEPOSIT BOXES
And Other Safe, High! Yielding Bonds
B13HTED STATES MIT51CIPAI, BOSDS
1 Aberdeen, Wastu, Imp.
I Bay City, Port or
lBoxeman, Mont. Imp
tLwi?ton. Mont.. Imp. .........
tLind, Wash.. I I. D
tMills City. Wyo., Water. .
fM ort on. Wash., Imp., .......
IPort Angeles, Wastt-Imp.....
Txoppenisn, v asn., imp.
f Wheeler, Oregon....
CA ADIATf aiCXICIPAI, BOSDS
Bannatyne, School, . . I
Province of Manitoba. ... . .. . 1923-41
tCoquttlam. Port of : 7 1941
. tOrnmheller. Alta... : :.- l 1923-42
tGrand Prairie. Alta. ...., Tj , 1923-37
tlKavmsack. Saskatchewan 64a 1923-35
j Peace River, Alta.. S. r-i- . 7L .1923-37
IPrtnco Georsre. B. C, Hon. Ex... 193 , ,
TPrinco GreorKe, B. C Elexx Lt f 1937 V
!St. Boniface, Mam. ...... ........ 5, , 1943.
ISC James, Man. of...... - C - 1942 :-
Denotes $1000 denomination;- tTenotes $500.
i Denotes $100. Denotes fractional bonds.
Telcg-rapa or Telepkoae
SWINE SUPPLY
EXCEEDS DEMAND
63TDAT LIVESTOCK TRADE.
Hogs. Steers. Lambs.
Poetlaad .. S1S-&
t 8Ji 11.M
1130' 13.00
10.80 1S.7S
1.M IMS
J.i 110
.16.70 21.S5
ChUrage iJ5
Omaha t.60
Demwar $.00
Saa Francisco... 12.50
Kansas City ... t.9i
1 PORTLAND LIVESTOCK HUH
I . Hogs. Cattle. Calves. Sheep. Cars.
Monday . . ...2794 2111 237 2261 118
Wees ago 1700 1257 62 2993 80
2 weeks ago. . .2252 1711 127 4887 -110
4 weeks ago... 771 2353 417 821 111
Yeas ago 188 lo9 04 2108 72.
2 years ago... 497 2474 263 789 106
3 years ago... 963 2238 890 2149 lit
4,yeers ago... 1288 2177 146 1105 ...
Receipts were quite heavy over the week
end! at North Portland stockyards. 118 esrs
arriving. Four cars, or 52 cattle and 164
sheei, were through stock. Sixteen cars,
whirii included 1200 nogs ad 924 sheep,
cam in direct; snd,;98 cars, or 2050 cattle.
23 71 J calves, 1514 higs'ind 1173 sheep, were
put on the market
Hbg supply greatly exceeded the demand
and as a result prices took a 50-cent tum
ble, i The new top price is $12.50, based on
the outcome of esrry morning ssles.
General hog market range:
Prime light $12.00 12.50
Smooth heavy, 230-300 lbs. .. 10.50 11.50
Smooth heavy, 3O0 lbs. up... 10.00 10.50
Hough heavy . . .' T.00P 1) 00
Fat pigs 12.00912.50
Feeder pigs 11.50 12. 50
Stags 6.00 8.50
Cattle Market Slow
Cattle market did not exhibit much life dur
ing tme early trading. Early sales were main
tained at ateady prices, but everything wss
dragging.
ienersl cattle market range:
Choiee steers .$ 7.75 8.25
Medium to good steers . 7.25 7.75
Fair to medium steers 6.25 7.25
I'.Hiimoii to latr steers 4.50w fl.io
Choiee cows and heifers 5.75 6.25
Medium to good rowsheifers. . 4.75 5.50
Fair to medium cows-heifers. . 4. OOP 4.75
Common to fair cows-heifers. . ' 3.50c 4.00
('timer, 2.00 3.50
Bull .- . 3.00 8 4 .00
Choice feeders 5.00 1 5 50
Fair to good feeders 4 00 i 5.00
Choice to dairy calves 9.00 9.50
Prime light calves 8.S0G 9.00
Medium light' calves -. 7.50 8.50
Heavy dairy calves ......... .OO 7.50
Valley Lambs Advenes
Choice valley lambs advanced 60c per hun
dred to $10.50, The entire sheep list wss
steady, but no changes were shown in any
other lines.
Oteneral sheep and lamb range:
Prime east monntain lambs. . $1 0.OO 1 1.00
Choice valley lambs 0.50 10.50
Medium valley lambs ....... 8.00(31 9.00
Ccnxmon valley lambs 6.00 ( 8-00
Cullj lambs 5.00 6.00
Heay yearling 0.00 7.00
Ligat jearlings 7.00 8.00
Heavy wethers 5.0 6.00
Ligat wethers 6.0O 7.00
Ewea 2.00 5.00
Monday Morning 8ales
STEERS
No. Are. lbs. Price. I No. Ave. lbs. Price.
2:... 590 $ 4 50 I 8... 683 $ 5.00
. . . 911 6 23 I 8. ..1082 5.50
17!.. .1180 6 75 1...1210 5.50
H... 820 $ 7 50 I 7... 921 $ 6.00
24i...l021 7.25 I 2... 170 7.00
31. . .1141 7.50 I 18... 1183 .7.5f
COWS
$j... 968 $ 4 85 8... 102.0 $ 4.00
U...1230 4.75 9... 1094 4.25
l4... 826 5.50
11?... 951 $ 4 25 6... 1176 $ 4.75
HEIFERS
... 621 $-4.50 ; -a
. . . 560 $ 5.00 I ;
. i BULLS
11. . .1530 $ 3.50 I
f CALVES
... 886 $ 7 50 '34... 287 $ 0 50
285 8.50 45... 260 8.50
3... 845 6.O0 16... 321 8.50
S3. . . 373 8.50
3l... 282 8 7.25 2... 80 $ 7.00
j HOGS
4!... 159 $12.60 3... 143 $12.00
4Hi... 121 12.00 21... 110 12.00
I!... 100 12.00 2... 175 12.35
... 207 12.35 9... 186 12.35
173 12.35
... 178 $11.35 94... 192 $12. SO
U... 198 12.35 8... 163 12.35
H... 200 12.35 !
I ' STAG
31. . . 120 8 4.50 I
- LAMBS
183... 66 $5.00 I 147... 74 $10.60
I YEARLINGS
3. . . 133$ 6.50 I
1 EWES
109 $ 3.00
I DrledFralt and Beans
"dew York Anir 21 (T N S i Reans-
Marlket unchanged. Marrow, choice, $9.2$;
red kidney, choice. 88.75.
Dried Fruits Market fair demand for
prunes. Apricots, choice to extra fancy. 26 H
31e; apples, evaporated, prime to fancy, 37
lHr; .prunes. 30s to OOs. 1218Hc:
do 80s to 100s, '7 13c: pesrhes. choice to
extra, fancy, 12 H 19c: seedless rsisms, sul
phur bleached, 1H 20 He.
'! Jfew York Sugar and Coffee"
Slew Tork. Aug. 21. (C. P.) Sugsr
Dull. Raw, $5.15; refined, dull; granulated.
$6.?57.10.
(toffee No. 7 Rio spot, 9 Tie; No. 4
Santos, 14 H 14 4c
f
Llrerpool Cotton Firm
Lioverpool, Aug. 21. Cotton Increased de
mand; prices firm. Sales, 7000 bales. Amer
ican; middlings fair; $14.90; good middlings,
$13:95; full middlings, $13 80; middlings,
$13,70; low middlings, $13.25; good ordinary,
$12i40; ordinary. $11.90.
BONDS
- iiase. Maturity. Price.
Yield.
3i
1927-34
To yield .2
.
6
61
ft
8
7
7
5tt
1980
1924-42
1924-32
192348
1937.52-
1922- 34
1931-33
1923- 33
1533-42
To yield
100.00
To yield
100.00
100.00
To yield
To yield
102.02
100.00
5.S0
6.00
6.00
.eo
coo
6.75
6.25
.25
6.5.0
100.00
loo.oo
To yield
To yield
100.00
To yield
100.00
100.00
tl 29
6.00
7.00
S.50
6. SO
S.50
-SO
S.0
.oo.
S.00
00
100. OO
IDenotes , 1200.
Ordatrs at Owr Xxpense.
Yielding,
,
AMERICAX LIVESTOCK PRICES
Ctiicaee Nogs S9.7S : , ; r-
Au. '21.' IL ' N. S.l Hoci
Chicago, 1
MinH a
ftS.noOr active: steadr to strong.
Balk, 87.25 0S.OO; top, $0.75; heavyweight.
.in)Sv li: medium weight. 88.75et0.0O;
light weight. $9.25 c 9.73; light lighta. $9 1
:(B.a; heavyy packing sows, smootn, I.Oae
T.80; lackint sows, rough, $6.75 7.24; pigs,
88.25 ai .oo.
s Cattie Heceipta. 20. 0O0: steady to $5c
lower. - Beef steers Choice and prime. $10 . M)
t 11.00; medium and good, $8.15 10.50:
good snd choice, $9 3.1 S 10 75: common and
mcdiam, $.2."-9.25. Botcher cattle
Heifers, $5.00 9.25 ; rows, $3.90S.50;
bnlis, $3.65 r6.5A. . Cancers and cwtters
Cows and heifers, $2.00 j 3.00: eanner steers.
$3.75 4.75; veal ealvea (light and handv
weight) $10.75 s 12.O0; feeder steers. $5.40
7.75; stacker steers, $4.75 g 9-50; stocker
cows avid heifers. $3.50 S 5.SO. -
Sheep Keceipts. 2S.OOO; steady. Lamba
(84 lba. down). $12 OO 13.00: lambs, culls
snd common. $8.50 11.73; yearling wethers,
$8.75 11.00; ewes, $8.5O7.05 ewes, culls
and oesnmon, $2110 4.00; breeding ewes,
$5 0O37.50; feeder Iambs. $11. 25 12.50.
tmaha Hogs $9.00
. Sotrth Omaha, JJeb.., Aug. 21. Cattle
Receipts, 12.00O. Steers, mostly steady;
greasers, slow. Corn-fed yearlings. $10.60:
stoekers and feeders, steady. 15c lower.
Hogs aleeeipts, 8000. Market steady to
lOe higher. Butchers. $8.25 8.90; top,
$9.00; packing grades, mostly $7.15)7.50.
Sheep Receipts. 15.OO0. Market generally
steadys. Early lambs, $12 50; Western held.
$12.79; ewes. $6.80; feeding. $12 00.
Denver Hogs $9.00
Denver, Aug. 21. tl P.l Cattle Re
ceipts 2900, market steady. Steers, $7.00(8
UlO.00; cows and heifers, $4.0p7.25: stack
ers and feeders. $5 00 a 7.25; bulls, $2.50
4.00; calves. $6.00 9.00.
Hogs Receipts 575, market steady. Top,
$9.00; bulk, $7.508r90.
Sheep Receipts none, steady. Lambs,
$1.1.00 12.25; ewes, $5.00 7.00.
8an Francisco Hogs $12.E0
San Francisco. Aug. 21. (IT. P.) Cattle:
Grass fed steers. No. 1, 6H(?7e: second
quality, 6 H 6xe ; cows and heifers, 4 H
4 4 c : calves, light, 8 9c ; calves, heavy,
5 .7c
Sheep Lambs, 10 H 11 He; sheep, 6H
7e ; ewes, 8 4c.
Hcgs Hard rrain, weight, 100-175,
12 He; over 300. 10 He.
Kansas City Hogs $9 05
Kansas City, Ang. 21. (I. N. S ) . Cattle:
Receipts 5000; market active. Steer's. $8 50
10.70; cows, and heifers, $3.509.35;
stnekers and feeders, $5.0ti7.85; calves,'
$10.00 11.00.
Hogs Receipts 8000; market active. Bulk
of sales. $8.35 9.00; top, $9 05; heavies,
$8.25 8.85; lights. $8 50 9.10; medium,
$8 -50 9.00.
Sheep Receipts 4000; market steadv.
Lambs, $12.75 e 12.85 : ewes. $6.O07.00
Seattle Hogs S13.00
Seattle, Aug. 21. Hogs Receipts. 190;
market lower. -Prime lights. $1 2.50 1 3.00 ;
rough heavies, $800 9.00; smooth beavjes,
$11.00 12 50; stags, $5.00 7.00; pigs,
$12.00 12.50.
JCatthj -a Receipts. 125; -market steady.
Prime steers, $7,75 8.23 ; medium to clioice.
$6.00 7.00; common to good, $4.00 5.00;
bet cows and 'heifers, $5.50 6.00; prime
calves, $4.00 5.00: bulls. $3.00 4.00.
Sheep Receipts. 245; market steadv.
BONNY VIEW FARMS
One of Eastern Oregon's Big Producing Ranches
BONDS
Bonney View Farms are 25 miles east of
Prineville, Or., and line both shores of the
Crooked river. They are owned by May &
Knox, who for 30 years. have been success-
ful ranchers and livestock men. The 14,000
acrs owned outright consist of irrigated
lands, cultivated hay lands, pasturage and
range. The appraised value of these lands
is $343,100. For loan purposes this ap
piaisal was depreciated to $226,200 and all
imprbvements, such as buildings, equipment,
.farm machinery, 100 miles of fencing, etc.,
was depreciatei to a nominal figure $8000. '
The cattle herd was valued at $66,000, based '
on the PRE-WAR average WHOLE
SALE PRICE of beef on foot.
Earnings
We estimate that the gt-oss re
turn from cattle turn-off, during the
life, of the Joan will average $27,000
annually, and the total NET surplus
from this turn-of f,af ter deducting
interest, principal, payments of
For detailed
information
call on, phone
or write us.
m'PM
JXi BRUM
INVESTORS will find our 'Investment
Record Book" a genuine hejp in systcma-,
tising and maintaining an accurate informa
tive record of their holdings. x. " '
It is a loose-leaf, leather-covered book,
measuring four by eight inches, with pages
laid out to such blank forms as will enable you
to enter a complete detailed: list of your in-.
vestments .with a description of each and a
record of every transaction. 1 .
. SEATTLE
SAN FRANCISCO
Prime Umbs. $10 00 9 1 1.00: aTler lam,
$.0010.S9: cnU .Umbs. $6.00 S.OO;
yearlings. 8.098.M; wethers. $ 00 T-9:,
ewea. $2.OOpS00. . . , t. r V '
BOST05 ITOOL MABKKT SHOWS -MORE
ACTIVITTi FUICES IBJI
. Boston, Ang. St. Slightly' siort aeUvit
was manifested in the weal mart; el her today
as a reflection of tlie passag by . 4b senata
of tit tariff bill. Prices were firm,- with de
mand strongest for the medium grades. It la
felt, however, litat considerable delay at to be
anticrpated befora tbo tariff eseasura 1 finally
disposed of. I ' 1
The calls for medmm wools here ha been re
flected in the West, where good volume of Mon
tana wools feara been bongos aV good pricea, al
though the bids botn in Montana and Wyom
ing hav been under Oie : season' a top. Bnyers
and -sellers still are deadlocked ever the xw
masnder of the Soathwassera ebps.
5w Tork Poultry Market
New Tork. Aug. tl.L N. S. Dressed
ronlixjf Market stead, Cfiiekersv 2787e;
fK lS(o-20c; turkeys, 42 55i ducks. 20
25c: geese, 13 18e.
Live I'ooltrjr Market meak. Chickens. 28
S2e; fowls. 2aa27e; turkeys.- 20tlk;
rooetera, ITe; durks. 23 27c; geese. 18 9
17c ir Ib. :
w York Wool asd. Hides
New York, Ang. 2l. (I. N. 8.) Wool
Market firm IJomestie fleece. XX Ohiol 410
56c; do palled, scoured basis, 60e$1.00; do
Texas, scoured basis, SOc $1.80; territory.
Ecotired basis, $1.10 1.30.
Hides Market firm. NaUva steers. 19 H
20c; branded steers. 18e,
Broom Material Shipments Late
Kelso, "Wash., Aug. 21. Manufacture of
Brown solid-set brooms at the Beigor Veneer
company plant in North Kslso has been de
layed, by slowness in the arrival of materials,
which , are being delayed en route by the
railway strike. The sales department is find
ing a big demand.
Glove Company Incorporated
Centralis, Wash.. Aug. 21. Articles of in
corporation have been filed for the Washing
ton fllove company of which J. K. Weils, a
former Centralis newspaper man, is resident.
The company will operate a plant at Snohom
ish. It is capitalized for $20,000. Mr.
Wells, until recently, published the Cowlits
Valley News at Toledo.
Fishing; Season Closes Friday
Relso, Wish., Aug. 21. Fishing season on
the Columb a river will end Friday. First part
of thts season was good, but recenUy few fish
have been caught in this vicinity. Fishermen
look for a good fail season, which opens. Sep
tember 10. .
Coal Mine Resumes Work
Bandon. Or.. Ang. 21. The Coquille Val
ley coal mine, near Kiverton, owned by W. F.
Alpine, has resiimed work.
Jfew Bandon Candy Factory
Bandon, Or., Aug. 21. A wholesale candy
factory has been opened here by Frank K.
Oaris. He will f-neeialize iu handmade creams.
$125,000 FIRST MORTGAGE
7 SERIAL GOLD BONDS'
The Security is worth more than $400,000 and is held
in trust by Lumbermen Trust Co. Properties include
14,000 acres of deeded lands, 11,000 acres of leased
lands, cattle herds, crops, ranch buildings and
equipment.
DUE 1927-32f DENS. $100,
PRICE 100
TO YIELD
7
Broadway and Oak.
ONE
DWAYJ.64:8I
and
Blwh. Wetter.
Fourth and Stark. Streets
'NEW YORK
CHICAGO
Investment Bankers
Open Local Offices
Cyras Pierce & Co., . on f tha la revet
investment banking eonearna ia U Wast,
opened offices today on tha tenth door of
the Wilcox building. RapreswntataTaa of tha
company have been her for aevsral week a
arranging for th opening, sod tha firm's
private wire is in operation hetweesr Portland.
Seattle. San Francisco and Los Angeles. Tba
Portland office will ba managed by Malcolm
Bruce, formerly In charts of tha Seattle of Oca
of Cyrus Pierce 4 Co.
FOBEIGX EXCHANGE BATES
rtvvi'ta,t rfallv liv H. i.m V
partment of Uie I mted Statas National bank. .
Quotations below (except the pound ster
ling I ar quoted on the basis of 100 nnUa.
foreign currency.
Opening nominal rates on bank transactions:
rin ft. .ki a --
'Par
Ijoodon Checks. Transfers. Value.
IJ- st ling $4 4S $ 4.48 H $ 4 80S
Paris, franca. 7.8 7.89 H 19.80
Belgium '
Francs... 7.B T.8T 19 30
BerUa. marks .084 08 23.81
Genoa, lire.. 4.53 H 4 54 19.80
Athens
Drachmas. 3.25 8.27 19.80
Copenhagen
Kroner... 21.59 21.94 20.70
Cbristisnia
Kroner... 17.39 17.44 20.70
Stockholm
Kroner... 28.50 2V55. 28.70
Hongkong
Currency.. R7 85 58.10 ..... ?
Japan, yen.. 47.75 47.90
Shanghai
Tarts 77.40 77 70
Canadian dollar discount 1 c per cent.
TO CLOSE TRANSFER BOOKS OF
F. K. I,, t F. GOLD ITOTES SOO
Announcement was made today by the Tnia;
A Trust company that tha transfer books on'
tha 8 per cent gold note issue of tha Port
land Railway, Light ic Power company, dated
March 1, 1021. would be closed on the eve
ning of August 23. preparatory to payment
of the semi-annual interest due September 1.
Practically all of these notes sre held by
Portland investors, and officers of tha Port
land Railway. Light A Power company stated
today that many of the note holders hsve ar
ranged to reinvest their interest money in the
7 per cent prior preference stock issues now
being marketed by tha company.
Money and Exchange
New Tork. Aug. 21. (I. N. S I Call
money on the floor of the New Tork stock x
chsnge today ruled st 4 V per rent; high, 4
per cent ; low, 3 per cent Rates were 4 "
tile paper waa quiet.
Xw Water System for School
Bandon. Or. Ang. 21. Threa thousand dol
lar in bonds nave been granted for a private
water system for the new school house at
I.angloi&.
$500, $1000
bonds,, operating expenses, etc., will exceed
$58,000. This does not include crop returns
and hay tonnage which, alone amounts to a
very substantial figure.
Sinking Fund
'Commencing in 1923 a contingent reserve
fund will become operative in addition to
the regular serial maturity of the bonds.
' This and other funds will be held by the
' trustee;
Purpose of Issue
To retire existing indebtedness and pro
vide additional Tetterments on properties
including purchase of another large
came- nera.
The Trustee
The Lumbermens Trust company,
of Portland, is trustee. Mortgage
and Trust Indenture provides ample
safeguards for bond holders and on
voluntary motion of May & Knox
invests trustee with full power over
properties.
Bonds are
Legal Investment for
Savings Banks and
Trust Funds in Oregon
have us mail
you a copy oFour
INVESTMENT
RECORD.BOOK
The loose-leaf feature permits you to with,
, draw pages devoted to securities you have
disposed of, so that your book ma b at aJi
times a "live" record or your holdings.
' Write or telephone us for your copy of
this book. Supplying it to you is merely aa
example of the friendly service which tluV or
ganization freely furnishes to investors, whethef
they are clients of our house or not.
& Co.
LOS ANGELES
SAN DIEGO
FLOOBINGt i
Ss4.No. 2 v. g-. ..$54.00
1x4 No. aa4 B. . S9.0O
$4f.OO
43.00
$49.00
a