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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 25, 1917)
THE MORNING OREROXTAN. TUESDAY, SEPTEMBER 25, 1917. 17 SURPLUS TO BE HELD Grain Corporation Prepares to Handle Northwest Wheat. PURCHASES FOR MILL USE Indications of Freer Selling: Move ment by Farmers in This Section. Many Matters Await Mr. Hoa ser's Return Gains Firm. There were iom mlsnm yesterday of freer elllnc of wheat by farmer, bat It may be several days before the rolnme of selllnx Increases materially. That the business will soon attain large size Is not doubted by (rain men here. The price question la fixed now for the remainder of the season, and there Is no reason why the farmers should hold back longer. Whatever limitations there may be to the movement are more likely to suise at the terminal markets than In the country. It la not plain to the local dealers Just what means will be employed in hand J Ins" the prospective heavy offering, but those matters are expected to be cleared up on the return of Grain Commissioner Houser from Washington later In the week. It Is probable that the Grain Corporation of the United States Food Administration will take care of all the Northwestern surplus wheat offered on the market In excess of millers current needs. In fact preparations to this end are now being made. Farmers will thus be able to get the money speedily for their crops, and the wheat will later be turned over to the mills as fast as they need It and ground into flour for export. There was a firmer feeling in the feed grains, but no trading in either local or Eastern cereals was reported at the ex change. Corn bids were 50 cents to S 1 higher. Weather conditions In the Middle- Western corn belt, as wired from Chicago: "Minne apolis, Winnipeg, clear; Chicago, cloudy, cool; Peoria, clear, cool; St. Joseph. Topeka, Hutchison, Omaha, Nebraska City, Daven port, clear; Iowa. Ohio, Kentucky, all clear." Terminal receipts In cars were reported by the Merchants Exchange as follows: Wheat .Barley r "lour uau ay f Winter Banana and the first picking of the f Jonathans. "The Jonathans, especially. have been coloring rapid. y of late, favored oy -the cool nighis and sunny days, follow ing the long heated term." says Foreman Oidenbarg. of the Lew Ls ton Orchards Asso ciation. Fan Wheat Gets Good Start. LEWISTOX. Idaho. Sept.. 24. Special.) The weather man for the 'Lewiston section predicts plenty of rain and snow for the Northwest during the next t-iree months, putting the soil In fine condition for next year's grain crop. While the rain which has been falling since Saturday threatens to damage the bean crop to some extent, the Fall-sown wheat is being given a start that will aaaure a splendid yield for next year. Union Prune Harvest This Week. TJNION. Or., Sept. 24. (Special.) Work Is being rushed forward to put the Tony D. Smith warehouse In condition for the pack ing of the prune crop of this vicinity. The gathering of this crop will begin the fore part of this week. Practically the entire crop of this section passes through this warehouse though there are a few farmers operating their own packing houses. rOBTLAM) MARKET QUOTATIONS Gram. Flour. Feed, Etc Merchants' Exchange, noon session: September delivery: Oats Bid. Tr. ago. No. 2 white feed. $4&.0Q Barley Standard feed 61.00 Standard brewing 2.00 Bran 35.00 Shorts 27.00 Futures October oats October feed barley . October brew barley October bran ...... October shorts Bl.dU Eastern corn and oats In bulk. Oats No. 3 white. September .1-44.00 No. 3. clipped, white, September 44.50 Corn- Portland, Mon.. Year ago Season to date. Tear ago Tacoraa, Sat.... "Year ago Season to date. Year ago. ..... Seattle, Sat..... "i ear ago Season to date. Vear ago 44 61 U 13t3 17 43 409 17U7 10 23 1&50 1 Cd 3 16 as 4 1 CO 7 16 2 183 6u4 S 6 023 31 27 819 1 2 64 73 2 9 167 415 12 11 850 418 5 6 525 513 15 20 13B2 LARGER INCREASE TS VISIBLE North Kormd Shloroents of Wheat From American Countries. The weekly wheat statistics of the Mer chants Exchange follow: American visible September 24. 1917. September 25. 1916. September 27, 1915. September 28. 1914. September 29. 1913. September lt, 191-. September 18. 1911. September 19. 1910. September 20. 10"9. September 21. 190S. September 16, 19u7. supply Bushels. 6.616,000 56,6TO.UOO 11.350.0UO 45,382,000 49,026.000 . .26. 679,0 0 51.076.9UO . ,-..29,620,0J0 .13.325.090 .24.695,000 Increase. 1. 096,000 1, 222.00O 94S.OO0 8.561.000 448,060 8.9S9.000 1.379.0U0 1,324, 0O0 2.584,000 3,872,000 ..45.850.000 1.547,000 Decrease, World's shipments principal countries (flour included) exporting From TT. 6.. Can.. Argentina.. Australia.. . India. ...... Week ending Sept. 22. 6,704.000 164.0U0 1,120,000 Week Week ending ending Sept. 15. Sept. 23.'16. 4,472.000 6.613.000 423,000 1.072.000 1,100,000 544,000 420.090 922,000 Totals.... 7.4U8.O0O 6.415.000" 9.311.000 World shipments, season to date Total since Same period July 1. 17. last season. TJ. S. and Canada.. Argentina. . ...... Australia. ........ jUussia. ........... India 55.942,000 16.856.000 "6.8&V.666 1U2.647.0O0 13.412.000 9.802.000 4.240.0O0 6.2U0.0U0 Totals 82,559,000 136.301,000 The United States visible corn supply de creased 131.000 bushels and the oats supply increased 1.813,000 bushels last week. BOP PRICES ARE MOVING UPWARD. Week Opens With Sales In Northwest at 41 Cents and Better. The hop market did not remain long at xhe 40-cent mark, as there were purchases yesterday In Western Washington of a num ber of lots at 41 cents and a fraction better. There was also talk of some business at 42 cents, but the details were lacking. Reporting on the New York crop and mar ket situation, the Watervllle Mop Reporter ays: "Very favorable weather has been one of the Important features of the hop-picking season this Fall and both pickers and grow ers express satisfaction at the result of the harvest, which Is finished In most yards and Hearing completion In the remainder. "The market Is quiet, but firm, quiet on account of dealers being busy taking in their purchases and also because of the Jewish holiday season. Sales at 80 and 82 cents were made last Friday when two choice lots were taken up. The highest price re ported Is 85c A comparatively small quan tity is left In growers' hands and these for the most part are being held for a higher price, as offers have been made for them." PEACH Market PRICES AGAIN ADVANCING BIG RUN AT YARDS Livestock Receipts Total Over One Hundred Cars. MARKET FIRM THROUGHOUT Offerings Are Readily Taken at Last Week's Range of Prices Trad ing Is Heaviest in Cattle Division. very stow, market draggy, prices barely steady with last week's close. Philadelphia Receipts - light. demand light, market around $2 per ewt higher than Friday's close. Bulk of the lambs sell ing from $27 to $2S per cwt. Washington Receipts tight, demand good, market strong at Friday's closing prices. Loading Report. Destinations of livestock loaded Septem ber 23 (carloads reported west of Allegheny Mountains; double-decks counted as two cars) : Cattle. Calves Hogs Sheep Mixed Tl S 423 11 120 95 5 2 22 85.00 19.00 21.00 Bid. ..$48.50 50.00 .. 52.00 29.50 63.50 52.50 44.00 44.50 53.00 52.09 No. 3 yellow, January ............ ;so. 3 mixea, January ......... October oats. No. 3 October oats, clipped February corn, yellow ........... February corn, mixed WHEAT Bluestem. $2.05; fortyfold, $2.03; club, $2; red Russian. $1.98. FLOUR Patents. $10.60; straights. $9.80 010.30; Valley, $10.20; whole wheat. $10.80; graham. $10.60. MILLFEED Spot prices: Bran, $34 per ton ; shorts. $37 per ton; middlings. $44; rolled barley. SG5S 57: rolled oats. $55. CORN Whole, $61; cracked. $82 per ton. HAY Buying prices f. o. b. Portland: Eastern Oregon tinruhy. $27 per ton; Val ley timothy. $23125; alfalfa, $22.5024: Valley grain bay. $20; clover. $20; straw, $3. Dairy and Country Prod nee. BUTTER Cubes, extras, 47c; prime firsts. 45 Via Jobbing prices: Prints, extras. 48c; cartons, lc extra; butterfat. No. 1, 49c EGGS Oregon ranch, current receipts, candled, 44 45c; selects, 48 50c per dozen. CHEESE Jobbers' buying prices, f. o. b. dock. Portland ; Tillamook triplets, 25c; Young Americas, 26c per pound; longhorns, 26c Coos and Curry, f. o. b. Myrtle Point: Triplets, 24 c; Young America, 25c per pound; longhorns. 25c per pound. POULTRY Hens. 17H19c; broilers, 20 21c; ducks. 16$j20c; geese. 8 310c; turkeys, live, 20 & 22c : dressed. 28 30c. VEAL. Fancy, 15 V 16c per pound. PORK Fancy. 21&22c per pound. SAN FRANCISCO PRODUCE MARKET Prices Fresh Current on Eggs, Vegetables, Fruit, Etc, at Bay City. BAN FRANCISCO, Sept. 24. Butter Prime extra, 44c; prime firsts, 48 He. Eggs Fresh extras, 474c; fresh firsts, 46c; fresh extra pullets, 43fec; extra firsts pullets, 42 Wc Cheese New firsts, 21 He; Young Ameri cas. 25 c. Poultry Hens. 25 26c; roosters, 16l317e; fryers and broilers, 2a & 32c ; sq uabs, $2 & 2. 50 ; pigeons, $1.50 ; geese, 18 20c ; ducks, 15 5? 17c Vegetables Summer squash, 65985c; cream, 50c; eggplant. 75c; bell peppers, 40 65c ; chile. 40 u 65c ; peas, 6 6c ; tomatoes, 65c $1 ; green corn, $2 & 2.25 ; celery. 25c ; potatoes. River, $1.75 2.30 sack; sweets. $2.65 & 3; onions, sll versions. $1.50; green, $1; cucumbers, 75 63 85c; beans, limas, 56c: garlic, 40c; okra, 50 65c; pumpkins, 50 65c ; carrots and beets, $1.25 ; turnips, $1.50 1.75; rhubarb, 75c Si Fruits Grapes, seedless. 75c $1; Malaga. $1 1.25; muscats. $1.25 -Q 1.50; pears. Bart lett, $1.25 1.50; cantaloupes, Turlock. $19 1.25; muskmelons, $1.50 2; watermelons, $1.5002.50; peaches, 3050; plums, $11.25; figs, white, 35 'a-40c; lemons. $6.50 7; per simmons. $1.25; grapefruit. $2.75 3.50; quinces. 75c&$l; oranges. $33.25; bananas, $102; pineapples, $3.504.50; apples, Belle fleurs, $11.10; Newtown Pippins, $1.10 1.25; pomegrantea, $2.50. Hay Tame oat. $1921; barley, $19 19 ; alfalfa, $16 & 19; barley straw, 50 a 90c bale. Mllifeed Cracked corn and feed corn meal, $83 S4 ; alfalfa, $28 & 30 ; cocoanut meal, $25 "a 33 Flour $11.60 barrel. Receipts Flour. 750 quarters; barley, 7S75 centals; beans. 1507 sacks; potatoes, 8310 sacks: onions, 8470 sacks; hay, 25 tons; hides, 7420: wine. 14.400 gallons. BULGE IN CORN MARKET MAXIMUM PRICES MAT BE RE MOVED SOON. Mots. Upward With Lightest Re ceipts of Betwn. Peach receipts were unusually light and tbe market firmed up to a material degree. Late Crawfords sold as high as 85&90 cents, and tbe best Elbertas brought th. same Trlce. Small slzea sold around 53 and flu eenta The steamer today will bring among other produce shipments from the South a quan tlty of sprouts, artichokes, lettuce, onions, red bell and Chile peppers and qulncea Country Crrsmerr Butter Firm. The cube butter market was firm yester- day with sales of extras at 47 cents. Prime firsts moved at 45i cents, but the poorer grades below prime firsts were hard to dis pose of. Eggs were steady with CO mora than t llmt:ed demand on the street. There were fair receipts of poultry and dressed meats and former prices prevailed. Bank Cleavings. Banlc clearings of the Northwestern cities yesterday were as XOt.ows: Clearings. Balances. Portlsnd $3.4T.oU4 SJ4O.U40 fieatt.e ................. . 4.ii,y60 44J.0J1 Taeoma ................ 7SS.571 l!o.li)l eii.ue 1.3;o.&wl J3,3tO Jonathan Apples Shipped. WALL A WALLA. Wash, Sept. 24. (Spe cial.) Several cars of Jonathan app.es have been shipped from the va.Iey. The de licious and then the Home Beauty apples- wia zoiiow. orowers estimate that more than 400 cars ot app.es wUi b shipped this year. Apple Packing at Lewiston. LEWISTOX, Idaho. Sept. 24. (Special.) The packing bouse of the Lewiston Orchards Association la prepared to start in handling the Fall pack of apples. Mcintosh Reds have already begun to arrive, and the will be the 1rrl ricksd. Next rrtrp.e, Grimes GoMen Advance of X early Three Cents In Fn'vres at Chicago Oatss Wanted for Prompt Delivery. CHICAGO, Sept. 24. Knowledge that th. directors of th. Chicago Board of Trade would tomorrow set a date for a conference with other exchanges relative to a possible removal of maximum prices on corn had considerable to do with a sharp advance hlch took clace today in tne corn marnet. Quotations closed strong at the topmost lutint re.rien witn net gains oi id Sl.20 to lor Uframwr nu 1 17i to for May. oats llnlsned H & ts to 2c up ana provisions 22 to 60c Oats reflected the strength mand for immediate delivery peclallv oi tr-e part oi ern connections. i t , .Ared to new nign pnc. rec- ai-h. and closed at virtually tne topmost potnt of the aay. The principal impetus .dm. 1mm hoe .carcltv. big shipments of meats, advances at Liverpool ana tne DUige in corn- Leading future, ranged as follows CORN. Open. High. ea I1.17H $1.2ii May L14 1.17i OATS. .. .57 .534 .. .60 Vi .62 MESS PORK. MORE HOGS AND VEAL WANTED. Our country receipts are heavy, but we need thousands of pounds more, vie guar antee: Hogs. No. 1 Diocn. xunic Pt?r ib. Veal. No. 1 ileht. 15il5Hc per lb. We also want heavy hogs and heavy veaL Ship once. Ducks wanted. 20c per lb. guaranteed for good quality. N'o commission charged. Checsa dai:y. THE 6ATXXAR CO, ISC. 100 Front 6b Cap. 10.000. of houses rise of corn. De- brisk, es. with East Deo. May Low. 117H L14Va .B-rs .6Vs Close. S1.20"S L17H .87 Ti .61 5, Oct. 44.00 Jan. 43.30 44 00 43.23 44.30 45.63 Oct. Jan. 24.10 23.13 24.10 23.13 2 steers. . 1 steer. . 2 steers. . 0 steers. - 26 steers. . l steer. . . 4 steers. . 3 steers. . 2 steers. . 1 steer. . . 1 steer. . . 6 steers. . 9 steers. . 16 steers. . 30 steers. . 17 steers. . 2 steers. . 24 cows. -. 1 cow 24.70 23.70 23.90 23.83 No. Z 44.80 45.63 LARD. 24.70 23.70 SHORT RIBS. Oct. 23 63 23.00 23.68 Jan. 23.63 23.ST 23.43 Cash prices were; Corn No. 2 yellow. (2.03 9 2.04 H vellow. 12.02: No. 4 yellow, J2.02. Oats No. 3 white. Otfoic; gtanaara. 60 4 61c. Rye No. 2. si.hotti.hu is. Barley $1.25 1.4L Timothy S 6 3 S. Clover S15&21. Primary receipts Wheat, 1.864,000 TS. 2.91S.000 bushels: corn, 566,000 vs. 803.000 bushels: oats. 2.013.0UU vs. 1.V49.000 bushels. Salpmcnts Wheat. 431,000 vs. 1.22S.OOO bushels: corn, 295.000 vs. 510,000 bushels oats. 1,155.000 bushels. Minneapolis Grain Market. MINNEAPOLIS. Sept. 24. Barley, $L14 0 L38; llax. 3.5:l Grain at San Francisco. SAN FRANCISCO. Sept. 24. Spot quota tlons: wheat, nominal Barley, feed. I2.5062.S2H Oats, white. S2.S5S2.90. Mllifeed: Bran. $40: middlings. $32853 shorts. $42 9 43. Caliboard: Barley. December, $2.56. Puget Sound Grain Receipts. TACOMA. Sept. 24. Wheal, no quotations. Car receipts: Wheat 17. oats 1. nay 5. SEATTLE, Sept. S4. Testerdays car re ceipts: Flour 8. wheat 10. corn 4. barley 4. oats 2. hay 15. Dried Fruit at New York. NEW YORK. Sept. 24. Evaporated apples firm: cholc. 154c: prime. 144 S15c Prunes strong; California. 9 j 1 i C ; On gona. 12 He 14c Peachea steady; standard. lOc; choice. lOVic; fancy, lio. 840 742 1100 9M0 8SS 987 1160 0O0 1160 1010 912 1006 10J6 1000 903 60 860 sheep and Or.. 1 car Wt. Price 135 $15.75 US 15 00 There was an exceptionally large run at the stockyards yesterday, 101 cars being un loaded. The market was active throughout the day and prices 'held very steady. The trading was chiefly In the cattle di vision. Several loads of steers were sold at $9 to $9.50, with the bulk of sales at $S to $8.65. Cows sold for th. most part at $6.50 0 7.50 and heifers, calve, and bulls at the usual prlcea In the hog market last week's values pre vailed with $18 as the top, but the bulk of sales were at $17.70 to $17.85. Sheep prices how an advancing tendency generally. Receipts were 1463 cattle, 94 calves. 959 hogs and 2942 sheep. Shippers were: Wrlth cattle F. M. Carlton. Castlerock. Or., 1 car; Charles Unlcamp. Williams. Or.. car; M. M. Bennett, Breedsport, Or., 2 cars; Nash Brothers. Nashville. Or., 1 car; W A- Lieper, Yoncalla. Or., 2 cars; Thomp son A Gentry, Heppner. Or., 1 car; J. Bax ter. Shanlko, Or.. 1 car; J. S. Bums, Condon, Or., 1 car; Frank Wilkinson. Condon. Or.. 1 car: J. L. Slgfrled, Condon, Or., 2 cars ; A. Laughlln. Condon, Or.. 1 car; A. Staught, Condon. Or., 1 car; E. Staught, Condon. Or., car; Falrvlew Stock Farm, Freeman. Or., cars: Will Brown, Baker, Or., 8 cars; Madison A Adams. Welser, Idaho, 1 car; W. P. Hooper. Enterprise, Or., 4 cars; J. Bar- ger. Pomeroy, Wash.; 3 cars: W. B. Hooker, Enterprise, Or., 1 car; Barton A Co.. Baker, Or., 6 cars; James Brown, Baker, Or.. 2 cars:'S. T. Bennett, Shearer, Or., 2 cars; F. M. Black. Madras, Or., 1 ear; B. Frazler, Mlo. Wash., 1 car. With hogs Goodnight A Preston, Baker, Or., 1 car; W. B. Hooker, Joseph, Or., 1 car; Flckett Brothers, Welser, Idaho, 1 car; But Toft, The Dalles, Or., 1 car; J. L. Baker, Caldwell, Idaho, 2 cars. With sheep Mace & corora. Hood River, Or., 8 cars; Tarbon A Co., Hood River, Or.. 11 cars; J. is. Densmore. west bclo, or. i car With mixed loads A. a. Yager, Tillamook. Or., 1 car cattle and hogs; F. S. Allan, Oak I Grove, Or., 1 car cattle, calves and hogs; F. Wheeler, Lebanon. Or., 2 cars cattle. calves and sheep: Hout & Snodgrass, Leb anon. Or., 1 car sheep and hogs; F, H. Por- er, Condon, Or., 1 car cattle and bogs; fc.d Coles, Haines, Or., 3 cars cattle, calves and hogs: T. J. Bryant, Huntlrjrton. Or., 1 car cattle and hogs; J. S. Flint, Losen. Or., 1 car cattle, hogs and sheep; J. b. runt, Junction City. Or.. 1 car cattle. hogs: J. E. Densmore. West Sclo, cattle and hoga The day's sales were as follows: Wt. Price I 970 $ 6.00! 9 hogs ... 870 6 SO! 7 hogs 6 50 45 lambs. . 5.75' 3 lambs. . 8.50140 lambs. . 6.50! 7 yearlings 6. 60! 1 ewe. ... 7.25! 1 ewe. ... 8 75' 9 ewes. . . 8.75! 3 bucks . . 8.75! 8 steers. . 8.75'13 steers. . 7.75! 3 steers. . 8.35' 7 steers. . 6.751 3 steers. . 8 2.V22 Bteers. . 7.50!28 steers. . 4.001 2 steers.. 6.7.V24 steers. . 5.00: 2 steers. . 3.75! 4 steers. . 8.75!10 steers. . 8.75' 1 steer. . . 6 001 1 steer. . 4.50 11 steers. . 6.00! 5 steers. . 5.50' 6 steers. . 5 50'23 steers. . 6.25' 26 cows. . 5.75! 3 cows. .. 7.00' 16 steers. . 7 00! 1 cow. 5.25! 3 cows. . . 6.2.M 1 cow. ... 7.00! 3 cows. .. 7 00' 17 cows. . . 7.00125 cows. . . 7.50! o cows. . . 7.501 8 cows. .. 7.50! 2 cows 6 7.V2S cows. .. 6.25! 2 cows. .. 6.00! 3 cows... 6.5011 cows. .. 7.00! Scows... 7.251 5 cows. .. 8 75' 23 cows . . . 5.001 5 cows. .. 7.25! 1 heifer. . 6.33140 calves. . 7 25! 3 calves.. 6 251 1 bull. . . . 8.00! 1 bull 9.00' 1 bull.... 8 251 2 bulls... 6 no! 1 bull 9.001 lstag... 5.00! 1 hog. . . . 17 73'17 hogs. .. 16 75119 hogs. .. 17 S5I 1 hog.... 16 S.-i' 2 hogs... 15 73' 2 hogs... 16 701 1 hog.... 16.60' 4 hogs... 15 75'10 hoes. . . 16 B012 hogs 17. OO 11 hos 17 .75! 8 hogs. .. 16. r' Prices current at the yards were Cattle Best beef steers Good beef steers . . . . . Rent beef cows Ordinary to good cows BfM belters Bulls Calves Blockers and feeders . . Hogs Prime light Prime heavy .......... Pigs Sheen Western lambs Valley lambs Yearlings Wethers Boston. Mass. Buffalo. N.Y Chicago, I1L ..... Denver, Colo. ... E. St. Louis. 111... Ft. Worth. Tex... Indianapolis. Ind.. Kansas City. Mo. . . 863 Los Angeies, Cai. Louisville. Ky... Nashville, Telia.. Ogden, Utah Oklahoma City... Omaha. Neb 248 Pittsburg, Pa Portland, Or. .. 28 St. Joseph. Mo.... Ill St. Paul, Minn.... 15 San Francisco, CaL 5 Seattle, Wash 27 Sioux City. Ia.... 25 Spokane, Wash... 1 Wichita, Kan 28 Various .......... 221 Canada ........... .... 12 'ii 4 2 23 1 1 S 121 16 11 24 ""i 2 4 7 91 21 14 8 2 17 1 "6 IS "i 21 2S2 1 "i4 8 "i 12 14 769 27 1S2 106 11 949 10 32 26 11 129 547 11 34 130 19 13 33 50 1 S7 883 85 Totals 2389 870 880 102 8652 One week ago....20s5 428 401 80 3141 Four weeks ago. ..1470 159 445 42 21i2 btate origins ox livestock toaaea Septem ber 22 For Portland: Oregon .......... 4 Totals Portland. One week ago.... Four weeks ago... For Seattle: Oregon ....... Washington ...... Totals Seattle . . One week ago..... Four weeks ago. .. State origins ot livestock loaded Septem ber 23 For Portland: California ..... regon 22 Washington ...... Totals Portland. One week ago.... Four weeks ago... For Seattle: regon Washington Totals Seattle. . . One week ago. ... our weeks ago. .. 1 cow. ... 1140 1 cow. 1 cow . 1 cow. . . , 1 cow 7 cows. . . 2 cows. .. 8 cows. . . 5 cows. . . 28 cows. .. 4 cows. .. 9 cows. .. 10 cows. . . 1 cow 1 cow . . . . 3 cows. . . 1 cow. . . . 1 cow. . . . 1 COW 3 cows. . . 1 COW 28 cows. . . 5 cows. .. 1 cow . . . . 1 cow. . . , 9 cows. . . 6 cows. . . 7 cows. . , 2 cows. . . 4 cows. .. 6 cows. .. 14 cows 10 cows. . . 7 calves. 2 Calves. 14 calves. 2 calves. 8 calves. 1 bull 13 hogs 1 hog. 89 hogs. .. 2 hogs. . . 7 hogs. .. 9 hogs. . . 2 hogs . . . S hogs. -. 4 hogs. .. 7 hogs. . . 44 hogs . 2 hoes 540 920 900 800 830 905 8'JO 854 979 1000 10B7 974 950 770 1110 1200 1170 1410 10t2 980 900 922 890 100 961 1120 840 910 1200 961 1020 1144 110 165 809 410 143 970 2O0 878 195 335 140 173 240 109 360 166 . 200 315 80 60 60 100 90 90 108 . 126 1004 1100 1543 970 1196 1006 1001 1115 1100 680 1108 1060 1010 12IS0 960 1096 940 1002 870 973 890 1060 800 1030 1077 970 860 8S5 1060 925 960 1110 1043 970 J040 918 916 1003 650 400 126 1300 750 15S8 955 900 . 1250 10 187 196 820 . 240 63 216 237 222 150 2O0 1S6 12.50 10 00 13 00 11.00 5 00 6 00 10 00 11 00 8.00 9.50 9.00 8.25 7.50 8.65 8 25 8.25 9.25 6 00 9 25 5.25 9 25 10.00 7.50 7.50 6 30 8 00 7.00 7.25 7.00 6.75 6.25 7.25 6.25 7.25 7.25 5.75 6 00 6 00 7.50 7.00 7.50 6 50 6.50 5.75 7.25 7.00 6.60 7 35 9.00 5.75 4.50 6 00 5.00 5.25 6 50 16 25 16 50 17 75 16.25 17 75 16 50 18 00 17 73 1 16 50 18.00 17.75 Omaha Li vr stock Market. OMAHA. Sept. 24. Hogs Receipts 6700, market 10c to 20c higher. Heavy, $17.85 18.50; mixed, $18.1018.30; light, IIS 18.85; pigs, $16317.50; bulk of sales, $18.10 18.50. uattle -rteceipis, z4,ouu, margei siow, iuc to 2oc lower. Native steers. $10 17; cows and heifers, $711; Western steers. $9 14.50; Texas steers. $7.5O10.50; cows and elfers. $6.509.25: canners. $5.5096.75; stockers and feeders, $612; calves, $8.75 12.75; bulls, stags, etc.. g s.ou. Sheep Receipts. 35.000; marKet slow, zne lower. Yearlings. $12.50 13.50: wethers. $1213; ewes, $1011.25: lambs. $17 17.90 Chicago Livestock Market CHICAGO. Sept. 24. Hogs Receipts. 20.- 000, firm, 10c above Saturday's average: bulk, $18.15S!18.19: light. $17.6518.U0; mixed, $17.60S19; heavy, $17.6019; rough. 17.6017.80; pigs. $14 17.65. cattle Keceipte. aa.uuy, siow. iMative beef cattle, $7.33 17.85; Western steers. 6.5015.40; stockers and feeders. $6.30 1.15; cows ana hellers, so.iu I2.u; calves, 1115.75. Sheen KecelPts. 24.000. weak. wethers. $S.9uo-12.50, lambs, 113919. STEEL STOCKS GO UP LIST ADVANCES WITH PUBLICATION OF FEDERAL PRICK. $ S.OOfl? 9.75 7 50 7 8.75 .7.V?S 7.K0 4. On T.on? 8.O0 4.00 e.73 7.00 fit ft so 4.00 7.25 17. 75 ft 18.00 17.W3 17.75 16.50 IS. 00-913.50 12.00ffl2 10.50 -S10.75 10 00 910 50 Ewes 8.00 0 00 EASTERN LIVESTOCK MARKET REPORT Meat Trade Conditions at Boston, New Tork, Philadelphia and Washington. Reports on meat trade conditions, Septem ber 24 (8:30 A. M., Eastern time), by United States Bureau of Markets: Beef. Boston Beef, fresh : Receipts moderate. demand light, market opened doll at Fri day's close in prices. Kosher beef: No tort. Steers: Receipts moderate, demand Hifht. prices unchanged, market steady, with Frl day's close. Cows: Receipts liberal, demand exceeds supply, all gradei selling well at advanced prices, market steady to a shade higher. Bulla: Very few arrivals, demand fai: prices firm at last week's close. New Tork Beef, fresh: Many cars late, demand very slow, market draff-ry. at last week's closing prices. Kosher chucks and Dlaies: Supply normal, demand fair, marke weak. Hinds and ribs: Supply adequate. demand i'ow, market drapgy. Steers: Receipts very light, demand slow, market draggy at last week's closing prices Cows: Receipts moderate, demand fair. market quiet, prices unchanged. Bulls: Receipts light, demand fair. mar ket steady. Philadelphia: Beef, fresh: Some cars ar riving late, demand light, market opening steady with last week s close. Kosher beef No report. Steers: Receipts moderate, demand fair. market oulet at steady prices. Cows: Receipts moderate, good demand for good cows, market steady. Bulls: Receipts normal, demand fair, mar ket unchanged. Washington Beef, fresh : Receipts light. demand slow, market dull at last week' prices- Steers: Receipts light, demand below nor mal, retailers buying sparingly, early market unsettled. Cows: Receipts Terr light, good demand r better grades, market generally stronger. Pork. Boston Receipts increasing, demand slow, market steady with iast week's close. New Tork Receipts very light, deman light, market draggy. prices unchanged. Philadelphia Receipts very light, demand light. Light loins selling around 2i per cwt. Washington Receipts above normal, poor demand for loins, good demand for other pork cuts, market fairly steady. Lamb. Boston Receipts liberal, demand light. prices unchanged. New Tork Receipts moderate, demand 4 43 25 8 IO "is 13 9 TT7 a e 6 1 153 2 5 sa ltt III 23 10 777 26 12 ... 25 10 . . . 19 B 1 ... ... 0 22 1 ... a 27 1 1 28 a ... a 84 IS 1 4 S 28 23 ... ... 81 2 ... ... 2 27 6 83 8 8 1 ... 7 4 4 Marked Increase In Railway' Tonnage and Greater Confidence In Gen eral Trade Reported NEW TORK, Sept. 24. Publication of the Government's schedule for iron and steel. which cams in the latter part of the ses sion, and announcement of a virtual em bargo on gold exports to Spain were the striking; incidents of a moderately active day on the stock exchange. The movements of United States Steel, which occupied its usual commanding posi tion, was typical of other steel and allied shares. That stock ranged between 109 and 110 prior to the news from Wash ington, but soon thereafter- rose to X12 closing at 112, a net gain of 2 points. Call money continued in fair supply at 4 per cent, but time loans were higher, even for prime collateral. From the West came advices of greater confidence In general trade conditions and a marked increase in railway tonnage. Bonds were irregular with further heavi ness in industrials. United Steel 5s breaking y per cent. Liberty 3 Ha moved In the narrow range of 99.98 to 100.02. Total sales. par value, $3,425,000. CLOSIXQ STOCK QUOTATIONS. ' Closing Sales. Am Beet Sugar.. Am Can Am Car & Fdry.. Am Locomotive. Am Sm & Kef g. . Am Sug Refg.... Am Tel & Tel... Am ZL&S Anaconda Cop. . Atchison AG&WISSL. Bait & Ohio B & S CooDer..., Calif Petrol Canadian Paclf . Central Leather, Ches & Ohio Chi Mil it St P.. C R I & P ctfa... Chino Copper. . . Colo Fa & iron. . Corn Prod Refg. Crucible Steel Cuba Cane Sugar. Dlst securities. . Erie Gen Electric. Gen Motors..... Gt Nor Pfd Gt Nor Ore ctfs. Illinois Central.. Inspiration Cod.. Int M M pfd Int Nickel Int Paper lv C boutnern . . Kennecott Cop.. Louis & .Nasa. . . Maxwell Motors, Mexican ePtrol.. Miami Copper... Missouri Pacific. Montana Power, Nevada Copper, N x (jentrai N Y X H & H Norfolk & West. Northern Paclt.. Pacific Mail.... Pennsylvania. .. Pittsburg Coal. . Hav ( nnsol LOD . Reading 8.000 Rep Ir & Steel.. 8.900 Shat Ariz Cop. . . Southern raciric Southern Ry .... StudeoaKer Jor.. Texas Company, Union Pacific TT K Tnrt A COttOI. TT RtMl 256.300 do pra ........ .""u Utah Copper. . .. 6.600 Wabash pfd B Western Union. . 400 Westing Elect. . . iiuo High. Low. 1,900 1,700 12.100 ' 700 300 " 9,600 500 800 400 700 8,900 900 -1.800 1,900 1,200 1.700 17,800 38,200 4,300 2,600 1.100 8.700 2o0 23.100 2.600 7,500 2.200 6d, 101 112 ? 119 V, "73i4 97Vi es 67 24 isi" S4H 56 V, 59 26 53 4 30 754 33 H 311, 148 Vi" . 100 104 V4 86 "52V4 87 84 41 70 62 0 '-4 111V4 118 V 'iivi 9674 9T 67 23 V, 147V4 S3V 56 67 26V, 52 V, 45 Vi 2854 71 32 Vt 30 145" 94 Vi 103 33 9, "oi li 84 Vi 33 200 1,200 200 700 10,400 700 2.700 ""360 4,800 1,200 BOO 700 BOO 800 600 400 2,100 8.600 1.700 600 8,200 2,800 19 41 Vi 120 34 64V, 35 vi 29 "22' ' 79 26 113 101 Vi "02V4 28vi 84 84 24 92 27 47 165 131 139 112 117 97 gfl'' 47 19 41 119 33 92 35 28 "21 77 25 112 101 'ii" "zk" 82 81 23 92 27 45 164 129 137 109 116 85 "89" " 45 ,.$6,000,000 .250,000 shares TO BE ISSUED $6,000,000 190,000 shares NEW ISSUE GILLETTE SAFETY RAZOR COMPANY (Incorporated under the laws of Delaware) CAPITAL STOCK It is proposed that dividends at the rate of $7 per share per annum will be paid on the stock forth with, at which it will yield 8.75 per cent. The Company is capitalized as follows: AUTHORIZED Five Year 6 per cent Convertible Gold Notes Stock (no par value) (The remaining 60,000 shares will be deposited with a trust company against the conversion of the $6,000,000 notes) Transfer Agents Registrars Old Colony Trust Co. National Shawmut Bank Boston Boston We summarize from a letter of Mr. King C. Gillette, President, the following partic ulars regarding the present company, the assets of which are to be taken over by the company above named. The Gillette Safety Razor Company U one of the most prosperous industrials in the United States. The efficiency of its plant has been highly commended by experts; its product has been standardized, and the Gillette Safety Razor is known throughout the world. The main office of the company is in Boston, Mass, and it has offices and agencies in Montreal, London, Paris, Milan, Lisbon, Barcelona, Copenhagen, Stock holm, Petrograd, Tokio, Shanghai, Melbourne, Havana, Buenos Aires, Rio de Janeiro and Valparaiso. The company has an annual output of approximately 750,000 razors - and 7,500,000 dozen blades. New interests have recently become identified with the company and will be repre sented on the Board of Directors by J. E. Aldred, of Aldred & Co., New Tork; Philip Stockton, President of the Old Colony Trust Co, Boston; R. C. Morse, of Jackson & Curtis, Boston; H. J. Fuller, Vice-President of Fairbanks, Morse & Co, New Tork, and Bradley W. Palmer, of Storey, Thomdike, Palmer & Dodge, Boston. The present company and its predecessor have conducted the business for the past thirteen years. The present management, under which net earnings have increased from . $498,000 in 1906 to $3,192,000 in 1916, is to be retained, and a broader policy for the expansion of the company's business is contemplated. Net earnings for the year ending December 31, 1916, were $3,192,646, or over $14 per share on the total capital stock of the new company, to be presently issued, after deducting interest. For the eight months ending August 31st of the current year, the net earnings (without allowances for taxes) were at the rate of over $4,500,000 per annum. The company's earnings normally are heaviest in the last four months of the calendar year. Sales of razors have increased from 403,887 in 1912 to 781,632 in 1916, and of blades from 2,459,330 dozen in 1912, to 6,369,425 dozen in 1916. The credit rating of the present company is the very highest. It has never bor rowed money and has always had abundant working capital to properly develop its , business. It has carried one of the largest bank balances in New England. It is the intention that dividends will be inaugurated at the rate of $7 per share per annum, the , dividend dates being quarterly, March, June, September and December. A very large proportion of the issue having been placed privately, we offer, sub ject to prior sale, the remaining shares, when, as, and if issued, and subject to the approval of all legalities by our counsel, at $80 flat per share. All legal proceedings In connection with the formation of the company and the issue and sale of the shares will be approved by Messrs. Storey. Thomdike, Palmer & Dodge, of Boston. The books and ac counts of the old company have been audited by Messrs. Patterson, Teele & Dennis, Chartered Account ants. Interim Stock Certificates are now ready for delivery. ALDRED & CO. New York CURTIS & SANGER Boston JACKSON & CURTIS Boston BOETTCHER, PORTER & CO. Gas and Electric Building, Denver HALL & COMPANY Investment Bonds LEWIS BLDG., PORTLAND, OREGON . The statements contained in this advertisement are based upon information which we consider entirely trustworthy and we have relied upon them in purchasing the above securities. 60-day bills on Banns i n . J"'"J 60-day bills, 4.71 ; demand. 4..o 9-16, ...u. 14 78 7-16. f rancs, aemanu. w. iot. 7.75. 'Rubles, demand, 17; cables. Ttar silver. l.uoi. Mexican dollars, 86c. Government bonds, steady; Time loans, firmer: 60 days and 90 days, 5 6 Per cent; six months, 5 per cent. Call money, steady: hlgn. 4 per cent; low. Si per cent; ruling rates, 4 per cent; clos ing bid. 391 per cent; ottered at 4 per cent; last loan. 4 per cent demand, 41; cablet 17tt. railroad bonds bid. 85 43 72 63 M 100, 112 T 119 17 73 97!4 08 67 24H 17 151 84i 56i SSii 26 a 63 46 SO '.4 74 5, 83 31. 21 145, 100 103 94 35 1001, 52 87 V, 84 31 10 41!i 120 34 8414 351, 29 7f 21 78 25 112 101 26 52 2 52 26 S3 84 S 21 9214 16414 130 -, 133, 112 117 96 25 SSH 464i Total sales for the day. 645,000 shares. BONDS. TJ S ref 2s, reg "97 INor Pac 8s 62 do coupon... 96iiPac T Tel 5s t94 TJ S 3s. reg.... 'W.rcnn con 44S.-luo14 do coupon... -n i c-o rac rei , . TJ S 4s, reg. . ,.105 H l Union Pac 4s:. do coupon. ..-105 do cv 4s..... Atchls-n gen 4s 85!TJ S Steel 5s... r & R G ref Bs 53 I South Pae cv 5s N T Cen deb 6s PSIAnglo French.. Nor Pacific 4s. 83 a I LONDON, ounce. Money. 4 - p Discount ra three months' Sept. 24. Bar sliver, 85d per sr cent. . . ea short bills. 494 per cent; bills, 4 13-16 per cent. Stocks Dull at London. LONDON, Sept- 24. American stocks were dull on the stock: exchange todajr. New Tork Smear Market. NEW TORK, Sept. 24. Raw sugar, nomi nal; centrifugal. 6.90c; molasses, 6.02c. Re timed, steady; cut loaf, 9.90c; crushed, 9.65c; mold A, 8.90c; cubes. 9.159.25c; XXXX powdered. 8.608.70c; powdered, 8.55 8 70c: fine granulated. 8.408.50c; diamond A. 8.40c; confectioners A, 8.308.50c; No. 1, ,8.10 8.25c Chicago Dairy Produce. CHICAGO. Sept. 24. Butter steady. Creamery. 39H43c. Te- tea.dv. RecelDts 7368 cases: firsts. 3714 38c; ordinary firsts, S6ffi36V4c; at mark, cases included, 35 37 He Coffee Futures Declining;. MW TORK. Sent. 24. Covering by Sep tember shorts caused an advance of 6 points in that delivery at the opening of the mar ket for coffee futures this morning, but the demand seemed to be supplied around 7.33c for the near month, and prices sagged off later. The opening was 1 point higher to 2 points lower on October and later deliveries, with December selling off from 7.45c to 7.42c and March from 7.67c to 7.63c during the . afternoon under scattered offers which seemed to come chiefly from trade sources. The market closed 1 to 6 points net lower. Sales, 26,000. September, 7.27c: October, 7.24c; .December, 7.41c; January, 7.48c; March, 7.64c; May, 7.79c; July, 7.95c. Spot coffee, dull. Rio 7s. 8c: Santos 4s. 9c. Cost and freight offers were reported about unchanged. Sales were reported of Santos 4s at 9c late on Saturday, with bids of 9.15c accepted today for Santos 3s and 4s, London credits. The official cables reported a decline of 75 rels in Rio with Santos spots unchanged and futures unchanged to 25 rels lower. Santos reported clearances of 61,000 bags for New York, Rio exchange l-32d lower. Hops, Etc., at New York. KB W YORK, Sept. 24. Hops firm: state, medium to choice, 1917, 8290c; 1916, nom inal; Paciflo Coast, 1917, 40 43c: 1916, 25 27e. Hides firm; Bogota, 43 c; Central Amer ican, 4214 c. Wool firm; domestic fleece, XX Ohio, 65c. Dulnth X,inseed Market. DTJLTJTH, Sept- 24. Linseed on track, 3.473.50; arrive, $3.45; arrive In Septem ber, $3.47; September, J3.47; October, $3.45 askea ; a3ked. November, $3.44; December. $3.38 E. F. $5.80; H. I. $5.90; 6.80; N, $7.00 7.22 14; $7.60. K. $6.05; M. $6.25 WG, $7.40; WW, Metal Market. NEW TORK. Sept. 24. Copper, electroly tic, nominal, 23.50c. Iron, nominal. , The Metal Exchange quptes tin nominal, 61.50c bid. The Metal Exchange Quotes lead steady; spot, 8c. Spelter, barely steady; spot. East St. Louis delivery, 8.128.S7c. POLICY LAPSE PREVENTED New Insurance Provide Section Drafted Guarantee. to Cotton Market. NEW YORK, Sept- 24. Cotton Spot, steady; middling. $26.30. Naval Stores. SAVANNAH, Sept. 24. Turpentine firm, 4041c; sales. 400; receipts, 295; ship ments, 160; stocks. 33.027. Rosin firm: sales, 823: receipts. 1258: shipments, 1350; stock, 83,643. Quote: B, D. WASHINGTON, Sept. 44. A new In surance section for the Administration soldiers' and sailors' civil rights bill, drafted to provide a Government guar antee for one year against lapse or forfeiture of Insurance policies, was agreed on today at a conference or War Department officials and insur- I ance company representatives. It was submitted to the House and Senate Judiciary sub-committees, which tomor row will resume consideration of the bill. The war risk insurance board would be charged with administering' the section. Phone your want ads to The Orego nlan. Main 7070, A 6095. S34 8914 88 100 96 82 5i Bid. tOffered. Boston Alining Stocks. BOSTON, Sept. 24. Closing quotations: AIlouM 63 I Mohawk 8114 Arii Com 11 INlpissing Mines. 9 Calu & Ariz 7814 North Butte 1614 Calu Hecla. .530 lOld Dominion... 49 Centennial 16 I Osceola ... .. 87 Cop Range Con. 5614 Qulncy -- 83 East Butte Cop. 114'Shannon . 6 Franklin 6 Superior 7. Granby Con.... 82 ISup & Boston... 7i Greene Cananea 4314 Utah Con 14 Isle Royalle Cop 81 I Winona 4 Kerr Lake-.... 6 (Wolverine 4914 Lake Copper. . . . 10 I Money. Excbsnve, Etc. NEW YORK. Sept. 24. Mercantile paper. 514 per cent. Sterling, 60-day bills, $4.72; commercial Short Term Secured Gold Bonds Six Per Cent Bonds at 98.88 To Yield 6V2 Quarterly Interest Without Deduction for Normal Income Tax Denomination $50 f lOO $500 f 1000 Legal for Oregon Savings Banks. Legal for Trust Funds In Oregon. Full Details on Application. Lumbermens Trust Company Capital and Surplus $600,000. Lumbermens Bids., Portland, Ore. Two Things May Have the Same Name' and Be Essentially Different The word "Irrigation" covers a multitude of bonds, but the discriminating; Investor must distinguish between them. There is a necessity for developing semi-arid tracts of farm land by placing water on them. Such projects are essential to the growth of the state, and their financing Is a legitimate enterprise. - Recognizing the prejudice against Irrigation bonds because of mismanaged private enterprises of the past, several states have stepped In and placed Irrigation Issues on the same foot as other municipal Issues, the creation of municipal districts which are essentially the same as school districts, or improve ment districts. A law authorizing the organization of such districts and providing for state supervision and regulation of their bonds was passed by the last session of the Oregon Legislature. Financing may be undertaken on a basis of 50 per cent of the present values of land In a district. The investor should note that these state-supervised projects are not based on future values. Bonds thus Issued are a combination farm mortgage and municipal bond, are exempt from State and Federal taxation and constitute a prime and conservative Investment. Of such character are the six per cent serial gold bonds of THE OCHOCO IRRIGATION DISTRICT (a municipal district). Crook County, Oregon. Each bond bears the certificate of Ben W. Olcott, Secretary of State, making" the bond a legal Invest ment for banks, trust funds and insurance companies, and legal to secure deposits of state, county and city money In Oregon banks. request. Detailed circulars on Offered by Stephens & Company San jFranclco, Lot AnseleM. San Dicffo. Clark, Kendall & Company Morfhweatern Bank Bnildlnn- PORTLA.XD, OREGON.