Tin: morning oregonian, Thursday, September 2. 1920
21
LATE APPLES HELPED
BY HEAVY RAINS
Grain Harvest Delayed but No
Serious Damage Done.
RANGE HAS BEEN REVIVED
livestock Expected to Gain From
Now On Potatoes and Garden
Vegetables Improve.
The hfavjr rains or the past week caused
too aerioua Oamage to crops, but on the
othor hand were of great benefit. In Its
umnvary of weather and crop conditions
the weather bureau says:
The week opened with moderately hich
temperature; later the weather became
quite cool, but rising- temperature pre
vailed at the clone. There was much
cloudiness, and generous to heavy rain
fell over a . large part of the state. In
aoma localities the rainfall was the
heaviest In years. High winds prevailed
evera.1 days, reaching gale force on the
coast. The ran delayed haying, harvest
and threshing and the gathering of fruit,
but quenched forest fires, revived vege
tation and facilitated plowing.
"Harvest threshing of all small grain
ws delayed by rain and some grain In
the shock was injured. but with dry
weather from now on the Injury will not
be great except over limited areas. Late
corn was greatly benefited by rain. Karly
corn is approaching maturity.
"Dropping of prunes continues. Italian
prunes are coloring and In southern
counties petite prunes are nearly ripe.
Picking of Bartlett pears continues. The
rain has benefited late apples.
"Cutting of the third crop of alfalfa
. will extend to northeastern counties next
week. Some hay in the field was dam
aged by rain. The r,ain has been bene
ficial to clover seed and has revlvod
pastures. Stock has been losing weight
In many places, owing to insufficient feed,
but is expected to gain from now on.
"Most potatoes are mature; those that
are still growing have been helped by
rain. Blight is prevalent in places. Iate
garden vegetables have been benefited
by rain. The rain and wind caused some
damages to hops. Hop picking ts in
progress. Watermelons and cantaloupes
are fairly plentiful."
barrels In Nova Scotia, 878.860 barrels in
Ontario, 70.500 barrels In Quebec, 40.000
barrels in New Brunswick and 745. S00 bar
rels or 2.236.00O boxes in British Columbia.
The average value per barrel was reck
oned to be slightly over J7 and ranged
from 13.24 in Nova Scotia to $8 In On
tario and $8.78 in British Columbia. In
the case of apples exported, the value In
cludes ocean freight rates at $2.50 to 93
per barrel. In 1010 growers bought 249,628
apple trees from nurserymen.
TWO-CENT ADVANCE IN BUTTER
Print Prices Will Be Higher This Morning
Eggs Also Move Up.
There will be a 2-cent advance In print
butter prices this morning to the box lot
basis of 68 cents for parchment wrapped.
The buying price of butter fat will also
be raised 2 cents. This announcement was
made by local creameries In the Cace. of
a 2-cent decline at San Francisco and
a weak market at Chicago. The scarcity
of fresh butter here was given as the
reason for the advance, though freer of
ferings of cubes at 60 cents occasioned
no rush of buyers.
In the egg market an actual shortage
exists and prices are being advanced ac
cordingly. Buyers will offer today to
country shippers 5455 cents for ranch
eggs. Portland delivery, subject to can
dling. Selling prices will be advanced 2
cents.
There was a moderate supply of poultry
and dressed meats on hand, which cleaned
up at steady prices.
FIKST ELBERTA PEACHES RECEIVED
Cantaloupes Sell Well With Bulk of Supply
From Yakima.
Elberta peaches are beginning to sppeir
on the market. A few small shipments ar
rived from southern Oregon yesterday
and sold at $2.50. Crawforda from the
same section brought $2.502.75. On the
whole the peach supply was very light.
Cantaloupes sold well at steady prices.
A car arrived from California, but most
of the offerings were Yakimas.
Grapes were plentiful and both white
and black varieties were in demand. The
banana train arrived on time.
RAILS CONTINUE TO GAIN
WESTERN AXD SOUTHWEST
ERX SHARES IX DEMAND.
Standard Issues Also Share in Im
provement in AVall Street
Stock Market.
NEW YORK. Sept. 1. Railroad and In
dustrial shares again pursued widely di
vergent courses in the stock market to
day, the former continuing to gain while
the latter for the most part suffered
further declines.
Buying of rails again centered largely
arouud the preferred issues of western and
southwestern sections at gross gains of 1
to almost 4 points, with St. Louis & San
Francisco. St. Louis Southwestern, Wa
bash, Wisconsin Central, Kansas City
Southern and Missouri Pacific as the most
prominent features. ,
There were occasional spurts In stand
ard shares, notably the so-called Harri
man and Hill groups, Canadian Pacific,
Heading and several of the cheaper coal
ers and eastern trunk lines at extreme
advances of 1 to 2 points.
The financial difficulties of one of th
minor automobile companies provided the
bears with a. pretext for another drive
against the motors and associated spe
cialties, in which oils also lost ground,
recessions ranging from 1 to points.
In the several miscellaneous divisions
price movements were uneven, shipping,
tobacco, food and textile stocks inclining
towards Improvement, while some- of the
less distinctive issues eased. Brisk rallies
ensued towards the close, however, when
call money dropped below the initial rate
on liberal offerings at 7 per cent. Sales
amounted to 635,000 shares.
Price tendencies in the bond market
were mainly higher, foreign Issues shar
ing with liberty bonds and rails.
Paris 6s rose 1 point and Dominion of
Canad'5V4s of 1931 advanced 1. Total
par value, aggregated J9.575.0OO. Old
.states bonus were unchanged on
per ounce. Money,
rates unchanged.
6 per cent. Discount
Swift Co. Storks.
Closing prices of Swift Ac Co. stocks at
Chicago were reported by Overbeck &
Cooke Co. of Portland as follows:
Swift & Co 106
Swift International 20 H
Libby, McNeil & Libby 13
National Leather
Farmers Plan Great Wheat Pool.
COLUMBUS, O., Sept. 1. Formation of
gigantic wheat pool in the United States,
whereby the farmers will virtually con
trol marketing and selling the grain. Is
one of the mora Important subjects to be
planned by farmers here attending a three
day session of the national board of farm
rganizations.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland J6.2R5.510 $1,076,186
Seattle 6.141.26 961.42!)
Tacoma , 751). 014 135.618
Spokane 1,839,147 618,525
PORTLAND MARKET QUOTATIONS
SALES
IN
wool.
STATES
Market Continues Inactive In Leading Pro
- ducijig Sections.
There was very little change in the
wool market cituatlon in producing states
during the past week, according to the
reports of the representatives of the bu
reau of markets in Colorado, Missouri,
Montana and Nebraska, no sales being
reported. Incomplete reports show ap
proximately 2,500,000 pounds of wool
shipped from Colorado to warehouses at
eastern points during the first seven
months this year, as compared with 5,000,
00O pounds last year.
Km letting the extensive shutdowns
which have occurred in the wool manu
facturing Industry during the past few
months, the July wool consumption report
shows a consumption of 37,100,000 pounds
of wool, grease wool equivalant, for that
month, as compared with 63,000.000 pounds
in July, 11)10, a decrease of 41 per cunt.
While mill operations were less extensive
In July than in any other, month this
year, there has been a steady decline In
wool consumption since March, when 67,
900,000 pounds were used. Reports for
other months were: April, 66,000,000
pounds; May, 58,600,000 pounds; June, 46,
000,000.
A comparison of the relative consump
tion of the different grades with figures
for preceding months shows a gradual
Increase in the percentage of carpet wools
used, while the percentages of other grades
have been fairly constant. The percentage
for July are: ine, 80.2 per cent; one
half blood, 17.6 per cent; three-eights
blood, 12.7 per cent; one-fourth blood, 20.7
per cnt; low, 2:7 per cent, and carpet,
16 per cent. The percentages for June
were: Fine 81.5 per cent; one-half blood.
ia per cent; inree-eignts blood, 15.5 per
cent; one-fourth blood, 20.8 per cent; low,
2.8 per cent; carpet. 13.8 per cent. In
May the consumption of fine wool
amounted to 30.5 per cent and carpet 12
per cent.
WHEAT IS QUIET AND STEADY.
Bard and Soft White Bids Advanced
Cent. Others Unchanged.
The wheat market was about steady
yesterday and little business was reported,
At the Merchants' Exchange September
bids on hard and soft white were advanced
1 cent. Other grades were unchanged.
White oats were $1.50 2 lower on bid
and gray oats ranged from 50 cents lowe
to ou- cents nigner. Barley bids were
raised 50 cents to J 1.50. Corn waa 50
cents lower.
Snow in his crop report said corn is
maturing well and he estimated produc
tlon at 3.028,000,000 bushels. He figured
ats at 1.400.000 bushels.
The government weekly weather report
amid:
'Corn made satisfactory progress and
waa materially benefited by rain in north
went states, but warmer weather and sun
China are badly needed to hasten maturity
Crop made Blower progress in Iowa and
condition In that state is below the aver
age."
During the week ending July 81 th
average prices received tor grain grown
In the United Kingdom were as follows.
per quarter of 8 bushels: Wheat. 84s lid
S1.DS per bushel) ; barley, 80s lOd ($1.80
per busnei); oats, 64s lOd ($1.21 per
bushel). Conversion made at $3.73 to
1 sterling, exchange rate on July 31
Terminal receipts. In cars, were reported
by the Merchants' Exchange aa follows:
Wheat Barley Flour Oats Hay
Portland. weanes. z
Year ago . 33
Season to date ... . 2.VU
Year ago 1305
Tacoma. Tues 20
Year ago 08
Season to date 513
Year ago . G:7
Seattle. Tues 3D
Year ago 'J2
Season to date.... 318
year ago 612
Wheat (sacked)
Hard white
Soft white
White club
Hard winter ....
Northern spring
Red Walla Walla
Oats-
No. 2 white
No. 3 gray
Barley
Brewing ....
Standard feed . .
Corn
No. 3 east
shipment ..
Mlllrun
No. 3 yellow
cry
1 ... 2 1
3 15 16
23 131 102 204
85 278 186 356
4 ... 4
4 1
14 177 13 141
45 ... 42 180
1 S
1 s . ..
59 67 4 363
73 80 104 201
Grain, Floor, Feed,
Merchants Exchange, noon
Sept.
.$ 2.36
. 2.S4
. 2.35
. 2.30
. 2.32
. 2.30
Aug.
. 48.50
. 45.50
. 40.00
. 48.00
yellow
B3.O0
47.00
dellv-
63.00
Etc.
session.
Bid
Bid
Oct.
$ 2.33
2.32
2.32
i.yn
2.31
2.28
Sept
4R.00
45.50
48.00
47.00
62.00
42.00
Nov.
$ 2.33
2.32
2.31
2.20
2.30
2.28
Oct.
62.00
FLOUR Family patents, $12.95; baker's
hard wheat. $12.95; best bakers patents.
$12.05; valley, $11.20; graham, $10.80;
whole wheat. $11.05.
M1LLFEED Prices f. o. b. mill: Mlll
run. $59 per ton; rouea oariey. ftiioyw.;
rolled oats, $64; scratch teed, $83 84 per
ton.
CORN Whole, $73; cracked, $76 per
ton.
HAY Buying price, f. o. b. Portland;
Alfalfa. $2324; cheat, $20; clover, $22;
valley timothy, new, $272S.
New York Stock Exchange Will Close
NEW YORK. Sept. 1. The New York
stock exchange will be closed Saturday
over Labor day, it was announced today.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetable, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO, Sept. 1. Butter
Extra grade. 67c; prime firsts, 60c.
Eggs Fresh extras. 67 Vic; extra firsts.
65c; dirty No. 1, 55c: extra pullets.
OOHc;; undersized. 42c.
Cheese Flats, old-style fancy, 81c; firsts.
26c; Young Americas, 87c.
Poultry Hens, large, 38 40c; small. 29
&32c; White Leghorn, large, 28&30c;
small, 23ft35c: strictly young roosters, 40
&45c; old, 1922c; fryers, 40&42c: broil
ers, 40fg42c; ducks. 2628c; pigeons, $3
8.50 dozen; squabs, 55&60c pound; Bel
gian hares, 19 3? 22c.
Vegetables Beans, 5kf6c: lima, o7c:
bell peppers, 60& 05c; Chile, 50&'60c; to
matoes, 50fa75c: cucumbers, 75cci$l; eeg-
ant, 75c(S-$1 : sumoner squash. S101.35:
lian, 75c(ff$1-25; cream, 75c4$Sl; pota
toes, street prices. $2.75($3: sweets. 7 &
Vic; celery, JOirtJ.OO; green corn. $1.50
62.50.
Fruit Strawberries, 60375c: raspberries.
85c$z-$l; blackberries, $78. cantaioupes.
tandards, $11.25: ponies. 75c$l; flats.
ot&L60c: watermelons. $2&2.50 dozen; Va
lencia oranges, $5.505.75; lemons, 12 O
25; grapefruit, $3&4.25; apples. Graven-
steins, (2.25&3; peaches. H'lfl.TrO; plums.
1.25l.dO; pears. Bartlett. $364: figs.
double layer. $11.35; white. 60076c;
grapes, black, $1.7o&2.25 crate; seedless.
.75. 2.25.
Flour. 4270 quarters: -wheat. 1600 cen-
al; barley, 38,751 cental; oats, 800 cen
tal; beans, 1552 sacks; corn, 2400 cental;
potatoes, 6438 sacks; onions. 2938 sacks;
y. 438 tons; hides. 217: oranges, 600
boxes: livestock, 1552 head.
BULLS ARE IN CONTROL
COXTIXCED EXPORT BUYING
STREXGTHEXS WHEAT MARKET
Crop Estimated at Under Liast
Year's Failure of Frost Pre
dictions Weaken Corn.
1 r
DECREASE IN BUTTER HOLDINGS
Northwestern Storks Million and Quarter
I'ounds Under Last a ear.
Cold storage holdings of dairy and
poultry products in Portland compare with
a year ago as xouows:
Stocks. Year Ago
Butter (lbs.) 673.801 1,183.375
Chese (lbs.) 133.031 427.4!)
Kbss (easos) 40.473 87,495
Poultry (lbs) 122,978
Seattle holdings make the following
comparisons:
Stocks. Year Ago.
Butter (Ihs) 1.129.247 1,007.767
Cheese (lbs) 514,628 708.903
Ia-KS (cases) 46,583
Poultry (lbs) 88.654
San Francisco butter reserves are 1,157,
749 pounds against 1,088,764 pounds a year
ago; eggs, 126.961 cases against 112,856
cases; cheese, 611,012 pounds against
1,371.465 pounds.
Butter storage stocks at New York. Bos
ton. Philadelphia and Chicago are 65.719.
729 pounds as compared with 81.136.673
pounds a year ago; eggs. 3,017,718 cases
against 3.788.571 cases: cheese, 20,024.904
pounds against 23.046.442 pounds.
Canadian Apple Crop Value.
The apple crop in Canada last year was
officially estimated at 8 334,660 barrels,
valued at 24,3tS,2io. The crop waa 1,600,000
Dairy and Country Produce.
BUTTER Cubes, extras, 60o per pound;
prints, parchment wrappers, in box lots.
6rtc per pound; cartons, 67c: half boxes, :c
more; less than halt Doxes, ic more; out
terfat. No. 1, 63 64c per pound at sta
tions; 68c Portland delivery. .
EGGS Buying price, loss orr, oirnrc;
jobbing prices to retailers: Candled, 68c;
selects, bc.
CHEESE Tillamook, f. o. b. Tillamook;
Triplets. 30c; Young America. 31c.
POULTRY Hens, zswjkc; springs, szc;
ducks, 2535c; geese, nominal; turkeys,
nominal.
POKK Fancy, S3c per pound.
VEAL Fancy, 23c per pound.
Fruits and Vegetables.
FRUITS Oranges. $6.758.50; lemons.
$5g5.75 per box: grapefruit, 156 per
box; bananas, 11V412C per pound; ap
ples, $204 per box; cantaloupes, $lfj
$2.50 per crate; watermelons, 243c per
pound; peaches, $22.75 per box; plums.
$1.50 per box; casabas, 3V4C per pound;
grapes, $2.50 0 3.50 per crate; pears,
4.25 per box.
VEGETABLES Cabbage, 2"43c per
Dound: lettuce. SI. aO 2.25 per crate; cu
cumbers. 6oT5c per dozen; carrots, $2.50
per sack; horseradish, 25c per pound;
garlic. 80c: tomatoes. 75c$1.10 per box;
Deas. 710c per pound; beans. 5ft-'8c per
pound; beets. $3.50 per sack; turnips, $3.50
per sack; eggplant, 10c per pound; green
corn. 25w3oc per dozen.
POTATOES Oregon, $2.6092.75 per 100
pounds; Yakima, $2.75 per 100 pounds;
sweet potatoes. 10He per pound.
ONIONS Yellow, $1.75 sack; pickling,
11c pound.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane, granulated.
21hC per pound.
HONEY New, $T.50$8 per case.
NUTS Walnuts, 228S8c; Brazil nuts.
35c: filberts, 30&35c; almonds, 35c; p
nuts, 1415Ac; cocoanuts. $1.75 per doz.
RICE Blue Rose. 14 e per pound.
BEANS Small white, 7 "Ac; large white.
7c; pink, 84c; lima. 12Hc pes. pound;
bayous, 11 c; Mexican reds, - 10-ftC per
pound.
COFFEE Roasted, in drums, 305Oc
Provisions.
Local jobbing quotations:
HAMS All sizes, 42 40c; skinned, 41
46c; picnics, 25c; cottage roll, 85c.
LARD Tierce basis, 23c; shortening,
20c per pound.
DRY SALT Short, clear backs, 25 27c
per pound; plates, 21c.
BACON Fancy, 4658c; standard, 32
42c per pound.
Hides and Felts.
HIDES Salt hides, all weights, 11c
per pound; green hides, all weights, 9c;
green or salt calf, under 15 pounds, 20c;
green or salt kid, 15 to 30 pounds, 12c;
salt bulls. 9c; green bulls, 7c;. dry hides,
20c; dry salt hides, 15c; dry calf, under
7 pounds, 25c; salt horse hides, large, $4
each; medium. $3; small. $2.
PELTS Dry fine long-wool pelts, 15c
per pound; dry medium long-wool pelts,
12c; dry coarse long-wool pelts, lOc; salt
long-wool pelts. $2 to $3 each; salt lamb
pelts, SOc to 75c; salt shearlings, 25c to
50c; salt clippers, 15c to 25c
Wool, Cascara, Etc.
MOHAIR Long staple, 25c per pound;
short staple. 15c per pound.
TALLOW No, 1. 7c per pound; No. 2,
5e per pound.
CASCARA BARK Per pound, gross
weights, old peel, lOftc; new peel, 9hic
per pound.
WOOL All grades nominal.
HOPS New crop, 60 65c per pound.
Nominal.
GRAIN BAGS Carlots. 11c. coast.
Oils.
LINSEED OIL Raw, barrels, $1.69;
raw, drums, $1.76; raw, cases, $1.84;
boiled, barrels, $1.71; boiled, drums, $1.78;
boiled, cases. $1.86.
TURPENTINE Tanks, 1.96; cases,
$2.11.
COAL OIL Iron barrels, 15c; tank
wagons. 25 He; cases. 28c
GASOLINE Iron barrels, 20Vic; cases,
38c.
FUEL OIL Bulk, $2.10 per barrel.
Eastern Linseed Market.
MINNEAPOLIS, Sept. 1. Flax, No. 1,
3.20 3. 22.
J' DULUTH, Sept, 1. Linseed, $3.22"
a.duw.
sales,
United
call.
CLOSING STOCK QUOTATIONS
Sales.
Am Beet Sugar 44M
American Can . 700
Am Car & Fdy 1,300
Am HAL tvfd noo
Ant Inter Corp. 3.60O
Am Loconio . . a.itM)
Am Smlt & Rfg S0
Amer Sugar . .. 1.6O0
Am Sum Tobac l.liW)
Am Tel & Tel.. 90O
Am Woolen .. 3,1 no
Anaconda Cop.. 1.000
Atchison 3,200
Atl, Glf & W I 1.2 00
Baldwin Loco ,15.3K
Ka.lt! & Ohio.. .12.400
Beth Steel " B". 5,4'H)
Cali P-etroleum. 500
Canadian Pac. 7.300
Central Leath.. 1.800
Chandler Mtrs . 3000
Ches & Ohio... 1.80U
Chi, Mil st S P 4.;oo
Chi & Nthwest. 6O0
Chi. R I & Pac.13.0OO
Ch-ino Copper . 50O
Col Fuel & Iron KM)
Corn Products. 2.2O0.
Crucible Steel . 2,5'W)
Cuba Cane Sug 1.000
Erie 7,6H)
Gen EIctr!c .. 2O0
Gen Motors ... 17.20V)
Gt North pfd.. 8.0O0
Gt Nth Ore cots 1,200
Illinois Central 3o)
Inspiration Cop 20o
Inter Nickel ... 9lM
K C 'Southern.. 50
Kennecott Cop. 1,6'W)
L & N 2'M)
Mex Petroleum. 4,000
Miami Cop ... 700
Middle Sts OU. 4,.V0
Mid vale Steel . ft, 100
Missouri pac ..17,800
N Y Central... 2.60O
X Y, N H Ar H. 19.3HO
Norfolk & W.. 4!o
Northern Pac . 3.4"0
Okia Pro & Rfg SXM)
Pan-Am Petrol. 7.7"0
Pennsylvania .. 2.400
Pitts & W Vi. . 3,i)0)
Roadlng 19,100
Rep Iron & Stl 2.000
Roy Dtch. N Y 4. 200
Shell T & T. . .. 2,0110
Sinclair O & R.14.SOO
Southern Pac . 2.800
Southern Ry .. 7.0OO
S O of N J pfd OKI)
Studebaker Cp.l2,om
Texas t o 15..VM)
Tex & Pact Tic. . 3,!itO
Tobacco Prod . 1.3W)
Tranwcon Oil . . 5.000
Union Pacific. . 12. OOO
U S Ind AlcohJ 1,800
U S Retail Strs 7,500
U S Rubber . . . 1.000
U S Stee) 2,(XiO
U S Steel pfd. . 300
Utah Copper .. TIM)
Westlngh Eiec. 700
Willya-Overld . 4.200
BONDS.
U S Lib 3V.S... 90.001 Anglo-Fr 3s ... 60 K
do 1st 4s 85.001 A T & T cv 6s.. 05
do 2d 4s 84.64fAtch gen 4s 75
ao 1st 48. ..fla.iwm e ti g con ts to
do 2d 414S. . .84.801 N Y C deb 6s.. 90
do 3d 4s 88.101 N P 4s 75
ao tn s. ..f;.uf r as
(High. Low. Close.
72 ',4 72 V, 72
34 V4 34(4 34 V4
134 "i 133 134 Vi
13 )33 13
70V, 68-4 69 I
95 94 95 I
56 55 56
110V4 109 110
84 V. 82 Vi 84 V.
97 87 Vi 97 Vi
79 77 78-X
ft.'l 52V, 62
84 83 Vi 84
135 133 135
IO8 & IO614 107T,
42 Vi 41 Vi 42 Vi
7574 74 75
23 Vi 35 i 25 Vi
121v 118V4 121T4
53 52 53
85 S3 84 H
60H 60 60
37 3 37
73 73 73
3S 3tJi 87
28 "4 27 27
35 35 35
87 86 87
110 11K 119
34 33 34
13 1-4 13
144 144 144
21 204 21
76 74 76
32 31 31
87 87 87
45 43 45
19 19 19
20 19 ' 20
24 23 23
102 102 102
162 150 161
19 10 19
1 1 1 1 1 1
30 3D 39
27 26 27
75 74 75
33 34 34
95 94 85
7K 75 78
3 3 3
87 85 87
41 41 41
31 20 SI
93 SL 93
85 83 84
84 82 84
51 51 51
29 28 29
95 94 85
2S 2.8 28
105 104 104
61 50 60
47 46 47
37 36 87
63 64 63
9 9 9
124 120 . 12.1
84 82 83
69 60 68
85 84 85
87 88 .89 Vi
106 ll4 1116
61 61 61
48 47 48
15 15 13
Coffee Futures Market Sensitive.
NEW YORK. Sept. 1. There was no
improvement in the volume of business
nd the market for coffee futures showed
continued sensitiveness to small orders
ithcr way. Traders found no apparent
incentive in the Brazilian cables and the
pening here was unchanged to 21 points
lower, with late months relatively easy
nder trade selling. Deliveries of 97.500
ags were reported on September con-
racts. which seemed to be w-lthout much
influence .but September sold at 7.88c, or
seven points net lower, alter tne open
ng, while later months recovered part
of their losses, with December advancing
from 8.41c to 8.55c, or five points net
igher. The general market closed net
hree points higher to 18 points lower.
September, 7.93c; October, 8.13c; Decem
ber. 8.53c; January, 8.71c; March, 8.07c
May, 8.2c; July. 9.48c.
Spot coffee in moderate demand. Rio
7s, 8c; Santos 4s. 1415c.
54
un.nifac r Ac t os..a
89
97
81
81
. .05.50
.101
.101
.105
.105
..77
..77
Pa con 4s..
S P cv 5s. . . .
So Ry 5s
U P 4s
U S Steel 5s. . .
Bid.
Victory 3s
ao 4 s
U S 2s reg. . .
do coupon
U S 4s reg. . .
do coupon
Pan 3s reg . .
do coupon
Mining Stocks at Roston.
BOSTON, Sept. 1. Closing quotations:
Alloues 22 (North Butte ... 15
Ariz uom ..... iuia uom 22
Calu & Ariz.... 55 Quincy 43V
Calu 4; Hecla. .280 Superior 4
Centennial .... 9lSup & Boston.. 3
mast uutte ... 10 : Shannon 1 v,
Franklin 2ll tah Con 6
isie itoyaue ... zo Winona 3(1
.ake Copper... 2IWolverlne 12
monaws. ...... on ti,reene uan .... o
Money Exchange, Etc
NEW YORK, Sept. 1. Prime mercantll
paper unchanged.
Exchange irregular. Sterling, demand
$3.57; cables. $3.57. Francs, demand,
6.89: cables, 6.91. Belgian francs, demand
7.41: cables. 7.43; guilders, demand, 31.87
cables, 32.00; lire, demand, 4.69; cables,
4.71; marks, demand, 2.02; ' cables, 2.03
drachmas, 8.96.
New York exchange on Mjontreal
8 I0-I8 per cent discount.
Time loans strong, unchanged.
Call money steady. High, 8; low,
ruling rate 8; closing bid, 7; offered
8; last loan, 7.
Bar silver, domestic unchanged; for
eign. 81 c
Mexican dollars, 69 c
LONDON, Sept. 1. Bar silver, (57
German Cities' Bonds
ue noTr acthrely traded la
on the New Tork Curb.
We are specialists in these issues
and particularly recommend the
purchase of
Berlin 4, Hamburg 4!it
Bremen 4
for th reaaon that these cities repre
sent the most Important Industrial and
shiippirvff centers in Germany and these
bond-9 have by far the largest security
bajk of them.
At present prices, profits of 1000 are
p-omlfole. "We execute orders ofthe-r for
casa or on conservative margin.
Write for Circular K-6
Send for oar Weekly Market letter,
containinff careful a-nalyniM of aU
active H . stocks mailed free
HENRI & BERNHARD WOLF & CO.
Incorporated.
Stocks). Honda, Foreign Exchanre.
Aiaoiaon Avenue. Itew lork City,
Unlisted Stocks
We make a specialty of fin-ding-
buyer for your stocKs, no matter
whether OIL. Mining, Bank, In
dustrial or stocks in local companies.
LIBERTY ASD "VICTORY BONDS
bought and sold in any amounts.
FIerrin s Rhodes'inc.
, ESTABLISHED ISM.
STOCKS and BONDS.,
Railway Exchange Bids;. Main 283.
Members Chicago Board of Trade.
Cotton Market.
NEW YORK, Sept. 1. Spot cotton quiet.
Middling 30.2oc.
WASHINGTON'. Sept. 1. Cottqn pro
uction this year was forecast tuQ&y at
2.783,000 bales by the department of
agriculture which based its estimate on
he condition of the crop August 2o. which
was announced as di.o per cent of
normal. ,
Metal Market.
NEW YORK. Sept. 1. Copper, iron and
antimony unchang-ed.
Tin easier, spot and futures. 4a.50c.
Lead easy. spot. 8.!l0r0.0Oc.
Zinc ute-a-dy. Kast St. Louis delivery,
pot, 8.00 a 8.10c.
Naval Stores.
SAVANNAH, Ga.. Sept. 1. Turpentine
firm. $1.37 ; sales. 422; receipts, 540: ship
ments. 711; stock, 0S03.
Rosin firm. Sales. 133S; receipts. 1070;
shipment!., 1033: stock, 44.334. Quote: B,
411.8512; D. E, F. G, H. 1. J, K, M, N.
WG. WW, Jll.!012.
CHICAGO. Sept. 1. Persistent buying
for seaboard account gave firmness to
day to the wheat market. The close was
unsettled 4 to c net higher, with De
I cember f 2.35 and March S2.34. Corn lost
1 to 2 e. Oats finished unchanged to
Hc lower and provisions down 5 to
6o cents.
Boils had the advantaire in the wheat
market throughout the day, except during
brief setback shortly after the oDenlnz.
A leading authority figured the 1S20 crop
as meaning a total sudoIv of 74.000.0OU
bushels les than last yaar.
Corn weakened owing to failure of frost
predictions and aa a result of bearish crop
estimates. One expert suggested a orob-
hle yield of 3.028.0ol.u(l0 bushels as
against 3.003,000,000 bushels, the prospect
monin ago.
Oats were easier with corn.
Heavy deliveries on September eontra.tt
weighed down provisions.
The Chicago market letter rai-eiveri
terday by Overbeck & Cooke company of
Portland said:
Wheat There was a lirnr vnlumo ef
trade in futures and the stability of the
maraet, wmcn failed to fluctuate more
than usual, attracted much favorable
comment. The market Is rapidly shaping
useii into a normal affair such as we
enjoyed before trading was discontinued.
tne nunc of the buying was by the sea
board, apparently against export salea of
casn, wnne tne selling was likewise ir
the nature of hedges against cash pur
chases "in the country. It was estimated
j.vuu.uou ousnels were worked yesterday
for export and a like amount again to
day. The spot demand, however, was not
aggressive and premiums were reduced
1 to 2 cents. From present indications
the foreign demand, if it continues, will
soon overtake the supply.
Corn The weather map this morning
railed to snow any frost, such as pre
dicted in the forecast yesrterday and In
consequence sentiment again turned to the
selling side of the market. Practically
all reports on the growing crop are of
a favorable character, indicating a total
yield well above the S.0O0.OOO.OOO mark.
but tne quality and quantity largely de
pend- on the weather for the next few
weeks. If the crop Is carried through to
maturity without damage It is not hard
to see where supplies will be burden
some both In the country and at ter
minal markets, as there is already in
evidence a keen desire to market the
old surplus in the territory where the
new crop Is assured.
Oats Buying by elevator Interests and
seaboard connections featured the trading
and gave 'the market a comparatively
firm tone. Receipts were not large and
cash was steady at yesterday's prices. The
movement Is not likely to Increarte for
some little time. A small lot was reported
worked for export today, not enough to be
a factor, but Important if foreshadowing
an improved foreign demand.
Rye Futures attracted very little at
tention. Liquidation in September was
again In evidence, while firmness In wheat
Induced buying of December. Cash rye
wan dull but steady at 7 to 8 cents over
September for No. 2 on track.
Provisions Large deliveries of Septem
ber contracts caused liquidation in th
futures and the market met light support,
except at the extreme decline. The de
crease In lard stocks of about one million
pounds was smaller than expected in view
of the recent reports of an lmprovemen
In the demand. Products are badlv in need
of a stimulant If prices are to be main
tained.
Cream-
Chicago lalry Produce.
CHICAGO, Sept. 1. Butter easy.
ery. 43B,S4M!c.
Eggs hlsher. Receipts 11,222 eases.
Firsts, 51t52c; ordinary firsts. 447c; at
mark, cases included, 4t(cM9c; storage
packed firsts, $53 He.
New York Sugar Market,
NEW YORK, Sept. 1. Raw sugar nom
inal. Rofined quiet. Fine granulated,
1617.
Dried Fruit at New Tork.
NEW YORK. Sept. 1. Evaporated ap
ples dull. Prunes easy. Peaches quiet.
Survey to Cost $40,000.
PROSSER, Wash., Sept. 1. (Spe
cial.) The survey of the remaining
20,000 acres under the Higrhline canal
Is now under way. It is estimated
that the cost of completing the pre
liminary survey and making of maps
will reach $40,000. Forty-five thou
sand acres, known as the Yakima
Benton irrigation district, have al
ready been surveyed by the government.
Leading future ranged as follows:
WHEAT.
Open. High. Low. Close.
ree $2.34 $2.;514 (2.3.1 H (2.3.1
March... 2.31 2.32 2.29 Vi 2.3014
CORN.
Pept 1.3?4 140H 1.3t4 1.2H
Deo 1.18 1.18 1.17V4 L1714
OATS.
Sept. R3V4 . .(Ril .hbh
Dec 6 14 .i .66i .06 5
MESS PORK.
Fept. 23 .13 S3.!.r 23.RO 2n !5
Oct- 24.05 ' 24.05 24.40 24.40
LARD.
Sept IS. SO 18.40 1 12 3 33
Oct. 1S.SO 1K.82 1 8.55 18.67
SHORT RIBS. ,
Sept. 13.1S 14. SO 15.0O
Oct. 15.65 15.00 15.52
Cash prices were as follows:
Productive and
Non-Productive
Property
OUR business is to
find the non
productive ele
ments in business
property and turn
them into profit pro
ducers. We have the facilities
and the experience,
together with the
system of property
management which
will help you solve
your difficulties.
StronS MacNaitfhton
eon.AMDy CostlTt BuiLOmoy oheconI
Wheat No. 2 red, (2.S1V 03.54 ; No. 2
hard. 2.R1 W2.54.
Corn No. 2 mixed. (1.48 BUD: No. z
yellow. $1.4801.53.
Oats No. 2 white. vsoioiei NO. e
white. 6767c.
Rye No. 2. $1.02 H 01.04.
Barley- (1.08 01.18.
Timothy seed $.509T.50.
Clover seed $25030.
Pork Nominal.
Lard $18.35.
Ribs (14.301S.M.
Eastern Grain Markets.
MINNEAPOLIS. Sept. 1. Wheat, closed
Hecember, $2.33H; oats closed. September,
60tc bid; December, Ulc: rye. septem
bor. $1.72 asked: December. $t.57s asked
barley, September, t4hc askea.
KANSAS CITY. Sept. 1 Wheat closed,
December, $2.28: March, $2.2.m: corn
September. 11.29 :. December. $1.10-: May
$1.08,: oats. September, 6c; December,
65Vc.
ST. LOIHS. Sept. 1. Wheat closed. De
cember. $2.36 asked: March. $2.33 asked
corn. September. $1.40H; December,
(l.lTTi; May, (1.2SH: oats, September,
Dttftc; Jjecemoer, on -r a.
niTLITTH. Sept 1. Wheat closed. De
cember winter. $2 84: northern spring,
$2.3,1 bid: durum. $2.35; rye, September
182Vi; December, (i.2.
Winnipeg Grain Market.
WINNIPEG, Sept. 1. Wheat closed. Oc
tober, $2.64; December. $2.43 asked:
barlev. October. (1.1 bid; Decemoer.
$1.11 Hi asked: oats, October, 7314C bid;
December, 73fec.
San Francisco Grain and Hay.
SAN FRANCISCO. Sept. L Grain
(127,000 General ObllKatlon Notes
Free From All Dominion Govt. Taxation
EDMONTON
6 Gold Notes
n i
CITY
OF
YIELDING
PRICED
i
5
An Unusual Opportunity
This la an unusual opportunity to secure sren"-l obll-m-tion
notes of a substantial Canadian city of 60,000 yield in
such hlgrh interest return. Edmonton, the capltaT Of Alberta
Province, is surrounded with fertile agricultural and itrain
erowinsr districts, and is commonly called the "Gateway to
the Great Peace Kiver Country."
Tated September 1, 1920. Due September 1, 19S2. Principal
and semi-annual interest (March 1st and September 1st) pay
able in United States Gold Coin in New York and at the offices
of Morris Brothers, Inc. Denominations $500.
Telephone or TeleBmpTa Orders at Our Expense
MORRIS BROTHERS, Inc.
The Premier Mnnldpnl Bond Hoaie,
Between Kxtaollahed Quarter of n Century, Telephone
Sthandetfc Morrta Bids:. SMnwll Stark St. Broadway
Streets. Capital One Million UoUmra. 2151
Wheat. JtSW.VSO: barley. (3.2592.35;
oats. (2.. "SO 2. So: corn, nominal.
Hay Fancy wheat. $27$i28: time oats.
$23: wild oats. (17l-9; barley. $18&21:
alfalfa, first cutting, (1723; second cut
ting. (21&25.
Seattle Grain Market.
SEATTLE. SepL 1. Wheat Hard win
ter and northern spring. $2.37: soft white,
$2.3; white clut. (2.3S: red Walla Walla.
$2::n; Big Bend bluestem hard white.
$2.40.
Feed Scratch feed. $S2: feed wheat.
(S3; all-grain chop, (70; ORts. SS3: sprout-In-g
oats. $67; rolled oats. $6-5: whole corn.
$73: cracked corn. $75; rolled, barley, (S3;
clipped barley. (75.
Hay Alfalfa. (30 per ton: double com
pressed alfalfa. $.t: double com
pressed timothy. (42; eastern Washington
mixed. (3&
Read The Oreeonian classified ads.
INSURANCE
WE WRITE ALL LINES
C. De Young & Co;
Main 7351 810 Spalding Bids.
Call or write for list of
High-Grade
to yield
to
1
4
0
fj Stoosa foc$i(k! Hmm 64 g
H -NORTHWESTERN BANK frLOO. H
Aberdeen Obtains Teachers.
ABERDEEN, Wash., Sept. 1. (Spe
cial.) Aberdeen school authorities
state that all is in readiness for open
ing of the fall school term September
7. A strong faculty has been secured
for each school, arrangements have
been made tQ care for overflow
classes from all buildings, and a
corps of substitute teachers provided.
We own and offer the unsold portion
$2,000,000
PROVINCE OF ALBERTA
Dated Aug,
6
16, 1920
TEN-YEAR GOLD BONDS
Due Aug. 16, 1930
Price 89.58 to Net iy2
Qarstens 6? paries, Jncorporated
Third Floor U. S. Bank Bldg. Bdwy. 4108.
IDAHO FALLS
SHIPS 7500 CARLOADS
OF AGRICULTURAL PRODUCTS
TDADIATING from Idaho Falls in all directions, mile on mile are vast stretches
of irrigated farm lands totaling 1,300,000 acres in all. From them are
harvested agricultural products that call for seven thousand five hundred freight
cars to carry them to market.
Two hundred thousand . acres are producing
wheat; 40,000 acres alfalfa; 6000 acres sugar
beets. An average of 2000 carloads of potatoes
are shipped annually, and in addition, large
quantities of vegetables, fruits, oats and barley.
From the fortunes that flow in as payment,
Idaho Falls pro-fits fully because it is the
trading center of this vast and wealthy region.
These are a few of the facts that led
us to buy the entire issue and impel
us to recommend unreservedly the
ONE TO TEN-YEAR
Den. $100 $500 $1000
Call or order
by phone, wire
or letter.
ey2
IMPROVEMENT BONDS
City of
IDAHO FALLS
INCOME TAX EXEMPT
I ts or letter. I - f "l
l i A ' f 1 PRICE TO NET An B
IIIlllllllllllIlllllllllHHIIIlH
United States Snipping Board Emergency Fleet Corporation
Hog Island Ship Yard for Sale j
The Yard Is Near Philadelphia, Pa.
Sealed bids will be received up to October
30, 1920, 10 A. M., in offices of the U. S. Ship- g
ping Board Emergency Fleet Corporation, e
Supply and Sales Division, Sixth and B Streets j
S. V., Washington, D. C, and then opened in
the office of the Board in the presence of the H
CHAIRMAN. H
HOG ISLAND HAS jj
an area of 946 acres, water frontage of two miles,
27 warehouses, approximately 86 miles railroad
tracks, 21 miles of Roads, 50 Shipbuilding ways,
sewerage and drainage, 7 steamship piers,' adminis- EE
tration, record and telephone buildings, shop build-
ings, power, air, electric, steam, water and oil lines,
classification yards and fire protection. E
The four-story concrete warehouse and the twenty-six sss
wooden warehouses have a total floor area of approximately zz
one and three-quarter million square feet. Each warehouse z
is served by a railroad track and has a platform adjoining a
street for its entire length. -
The wooden warehouses are equipped with brick fire walls EE:
every 80 feet and fire protection. r
The 86 miles' of railroad tracks serve the 146 acres of EE
Material Storage Yards, designed for the storage of any
material that can be left in the open. The seven outfitting -rapiers
are one thousand (1000) feet long each and one hun-
dred (100) feet wide. Each pier carries four railroad tracks
of standard gauge with the necessary cross-overs in addi- ;
tion to two Gantry crane tracks. . zz
Each of the piers is equipped with four self-propelling EE
Gantry cranes with sufficient clearance to permit the opera-
tion of standard locomotives and cars. In addition each pier z
is equipped with two locomotive cranes, and Pier B with a s
bridge crane, span of 118 feet and lifting capacity of 100 zzz
tons. Between piers there is 266 feet of clear water space, zzz
which permits the docking of four ships in each slip.
Each pier is provided with high pressure water mains, EE
fuel, oil, electric and compressed air lines. EE
The storage yards are wired for electric light and piped EE
for water and air. m
There are 50 ways 40 wood, 10 concrete each equip- EE
ped with fixed stiff-leg derricks. Hog Island also has 10 s
electrically equipped pumping stations, 75 mile3 overhead
wiring, over 75 miles underground cables. 45 miles fibre duct
laid in concrete. Filtration plant, sewage disposal plant,
which, with the other appliances, facilities and equipment,
undoubtedly provides it with the fundamentals for a mod- :
ernly equipped terminal and storage yard.
Detailed inventory, blueprints, photographs and other EE
data have been filed in the office of the Director of the Supply EE
and Sales Division, 6th and B streets S. W., Washington rrr
D. C, and may be seen by prospective bidders during busi-
ness hours. Permits for inspection of the yard may be ob- sr
tained on application. zz
Bids must be submitted in duplicate on standard pro- EE
posal forms, made in the matter designated therein and in- s
closed in sealed envelope marked "Proposal No. 2007, not EE
to be opened until October 30, 1920." , EE
Proposal forms may be had at any of the sales or district EE
sales offices. Bids must be accompanied by certified check, xz
made payable to the United States Shipping Board Emer-
gency Fleet Corporation for $1,000,000.
This amount will be applied upon the purchase price to EE
be paid by the successful bidder, but in the event that such 3
bidder fails to consummate the contract of purchase the de-
posit will be forfeiteed to the corporation. The balance of zzzz
the purchase price is to be paid within a reasonable period, rr
not exceeding in any case five years from date of sale.
Bidders must be American or American controlled. Pref- ss
erence will be given bids covering short period of payment, zzzz
other things being equal. Possession of the property will be zzzz
given upon completion of the present ship construction pro-
gram, about February 1, 1921. :
Title to the property will remain in the United Stat
Shipping Board Emergency Fleet Corporation until full pur- EE
EE chase price has been paid.
EE The Corporation reserves the right to reject any or aU EE
EE bids.
H United States Shipping Board
U Emergency Fleet Corporation
U W. S. BENSON, President.
IlililllllllllllllllP