Morning Oregonian. (Portland, Or.) 1861-1937, September 10, 1920, Page 23, Image 23

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    THE MORNING OltEGONIAX, FRIDAY, SEPTEMBER 10, 1920
23
ALL CEREAL CROPS
LARGER THIS YEAR
Increase of 5,490,000 Bush
els Estimated in State.
APPLE PRODUCTION LIGHT
Oregon Potato Yield Will Be Close
to 6,000,000 Bushels Dried
Prune Output Will .Be Heavy.
The Oregon wheat crop this rear Is
placed at 21,024.000 bushel, according to
the September report ltlued yesterday by
F. L.. Kent, agricultural statistician ot
the bureau of crop estimates. United States
department of agriculture. This is an In
crease of 1,429,000 bushels over the es
timated crop o last year. Other increases
shown in the report are 2,836,000 bushels
of oats, 022.000 bushels of barley and
243,000 bushels of rye. The crop produc
tion of the state as Indicated by conditions
on September 1 compare with the final
estimate for last year as follows:
1020 1010
I3,o:ii.tioo i8.oio.ono
.!.0OO
21,024.0041
14.00O.000
2.S08.0O0
"Winter wheat, bu..
feprtnK wheat, bu...
All wheat, bu. . . .
Oats, bu
Barley, bu
Rye, bu
Potatoes, bu. . . 1 . .
Way, tame, tons. ,.
Hay, wild, tons...
Apples, total, bu...
Hops, lbs
4.485,000
20.405.000
11.104.0410
J. 880,000
582.000
4.230.000
1,452.000
2011. 0O0
5. 570.000
7.500,000
yields well up to and above the average.
Broomhall'a Argentine cable follows:
"Estimated shipments wheat 760,000
busbvls; corn, . 000,000 bushels; oats.
SSO.OOO. bushels. The drought persists rn
the Icwitral and southwest districts espe
cr.Uy. The dryness" Is causing consider
able alarm and crops are suffering corw
slderably. Sowing of corn Is about to com
mence and farmers are experiencing much
difficulty due to the lack of moisture. Corn
market 1 atrong with shorts covering."
LOCAL BEDS FOR EGGS ARE RAISED
Hop Harrest Responsible For Smaller
Butter .Receipt. '
The egg market la firm with an advanc
ing tendency as receipts decline. Bids of
52 cents, case count, are being made to
country shippers for this week's receipts.
Cube butter prices had a wide range
but averaged 61 cents on extras. With the
beginning of hop picking, receipts from
creameries in the hop districts have fallen
off.
Poultry and dressed meat quotations
were unchanged.
Peach Market Is Firm.
The peach market continued firm at
?2.502.?5 for the best stock. About 200
boxes of Ashland peaches arrived, also a
shipment from Rogue River and a car
of Taluma Blbertas. A car of California
Levi clings is due about Saturday.
A shipment of Persian melons was re
ceived and put on sale at & cents a pound.
A car of Malaga grapes also arrived.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday ware a3 follows:
Clearings. Balances.
Portland .-.852.518 JSM.7M
Seattle 6.2K9.S23 010.45
Tacoma 700.020 134.2.-.9
Spokane 2,176,688 600.178
PORTLAND MARKET QUOTATIONS
LAMBS LOWER AT YARDS
PRICKS ARE OF OXE DOLLAK
mrnixcr day.
Hogs Steady With $18 Paid for
Best Grade Cattle Market
TTnchanged.
There was a moderate run of 21 loads
of stock at the yards yesterday and a
fairly active demand. The tone of price
in the sheep division continued unsettled.
Lambs declined $1, with prime grades
quoted at U&10. The beat year line weth
ers sold at IT. 50 and ewes brought $3.50.
Hoga were unchanged, with top auallty
taken at $18. The cattle market wma also
steady.
Receipts were 267 cattle, 6 calves, 171
hops and 14)30 sheep.
The day's sales were as follows:
Grain, nour. Feed. Etc.
Merchants' Exchange, noon session.
825.000
5.1H 8.000
i.pxa.ooo
242,000
3, 171,000
o.uoo.uoo
Mr. Kent's report says:
"Weather Conditions The first few days
ot August were about normal for that date,
but on the 12th the Portland weather bu
reau station recorded a maximum temper
ature ot 98 degrees, maximum tempera
tures ranging upward to 108 degrees being
reported from other portions of the state.
Rather high temperatures prevailed until
the. 24th when a light rainfall was recorded
at Portland. Unsettled weather followed
until the 30th. with a total precipitation
"at Portland of 1.25 inches (August nor
mal 0.65 inch). Reports Indicate more
or 'less rainfall all over the state during
the period mentioned. Threshing waa de
layed a few days but in 'full swing' on
August 30 and 31. No damage to cut
grain resulted further than a little discol
oration. There was a pretty heavy wind
one day which did some damage to stand
ing grain (of which thcro was but little),
also blew down considerable corn.
"Spring Wheat In the western part of
the state some very late sown spring wheat
was damaged by hot weather, but most of
this crop was pVctty well matured before
the occurrence of the hot weather. In
some of the counties In the eastern portion
ot the state there was considerable shriv
eling due to the heat.
"pats Fields that promised 40 to 50
bushels per acre have actually yielded 30 to
35 bushels. Tho green aphis waa fairly
abundant on oats during part of the grow
ing season, and producers are ot the opin
ion that this condition cut down the pros
pective yield, borne late sown oats were
badly shriveled as a result of mid-August
temperatures.
Totatocs Reperts Indicate some falling
off in condition of the state potato crop
during August, although some late plant
ings were materially benefited by the
August rainfall. The Oregon crop still
gives promise of nearly 6.000,000 bushels.
'Miscellaneous The number of hogs on
band for fattening, compared with the
number on hand last year. Is estimated
at 05 per cent for Oregon and 01 per cent
for the United States. Condition of some
ot the minor crops of the- state Is esti
mated as follows: Pasture, 81 per cent;
field peas, 8S per cent; field beans. 87
per cent; tomatoes. 02 per cent; cabbage,
00 per cent; grapes. 70 per cent; peaches,
production, 25 per cent; onions, 02 per
cent.
"Hops In the hop producing counties
picking was pretty generally under way
during the week beginning September 6.
While most yards have a good crop, only
a vry light yield Is being obtained from
others. County assessors' reports already
turned In to the state tax commission show
a total acreage of "old hops' of 8163 acres
and 'baby hops' 2803 acres. A few hun
dred acres will probably be added when all
counties have reported. Marlon and Polk
counties combined report 5533 acres of
old hops and 1587 acres of baby hops.
"Prunes Prunes have matured rapidly
of late and picking will start earlier than
was expected a month ago. A few driers
will begin operation ' during the present
week. Much of the fruit will be of large
size, owing to a light crop on many trees,
and the favorable growing conditions of
late. The crop as a whole will doubtless
be close to a record-breaker, owing to
much new acreage coming Into bearing in
recent years."
EXPORTERS NOT BUYING WHEAT.
Europe Looking to Canada for First
Supplies.
Wheat tilds at the Merchants Exchange
wero sharply higher than the day before,
hut reports from the country told of little
buying. Export demand appears to be
lacking. The tenor of he day's news from
the east was unfavorable and a setback In
prices is expected today. The English
buying commission continues out of the
American market, confining its purchases
to Manitoba and other English possessions
and tho continental countries are a!eo Ig
noring American wheat, buying in Canada
and Manchuria.
Five thousand bushels of September eoft
white were told on the local board at
13.44. or 4 cents more than was bid on
Wednesday. Hard white bids wore raised
A oents, white cluTj 4 cents, hard winter 7
cents, northern spring 0 cents and red
Walla 3 cents.
The coarse grain market averaged
lower. Barley bids were reduced $1, corn
SOof il, and September white oaa 75
cents. but fecptember gray bids were
raised tl.
Weather conditions in the middle west,
as wired from Chicago: "Kansas City
raining throughout the southwest. St.
Louis had 3 inches of rain yesterday; brll
llant now. Rains last nlgrrt In Illinois,
Iowa, Missouri, Kansas, Nebraska.'
The weekly weather and crop report
said; "Relatively low temperatures are
delaying tho maturity of tho corn crop. In
Nebraska it needs one to three weeks
favorable weather to put It out of danger
of killing frost. With normal weather 42
per cent of tho Iowa crop will be safe by
September 20, and 67 per cent by Sep
tember 30. Cutting of corn weil under way
In south and central Kansas.
The offlclaf report gives exports for July
wheat and flour, 34,655,000 bushels; corn
1,151.000 bushels.
lerminal receipts, in cans, - wore re
sorted by the Merchants Exchange as
follows:
Portland. Wheat. Bar. Flour. Oats. Hay
Bid
"heat Sept. Oct. Nov.
Hard white t 2.50 $ 2.48 t 2.40
Soft white. 2.4S 2.43 2.40
White club 2.4) 2.40 2.44
Hard winter 2.47 2.4U 2.45
Northern spring 2.40 2.45 2.43
Red Walla 2.40 2.40 2.40
Oats
No. 2 white 60.50 80.50 .
No. 2 gray 40.00 48.50
Barley
Brewing 50.00 50.00
Standard feed 50.00 49.00
Corn
No. 3 eastern yellow
shipment ffl.SO 60.00
Millrun 60.00 44.00
Com
No. 3 yellow, delivery 62.00 Ol.Op
FLOUR Family patents. 112.03; baker's
hard wheat. 12.5; best bakers' patents,
$12.05; valley, til. 20; graham, (10.80;
whole wheat, til. 05.
MILLFBED Prices f. . b. mill; Mill
run. S50 per ton: rolled barley, $ttl(p63:
rolled oats, J00; scratch feed, $81 per ton.
CORN Whole, $72; cracked, 76 per
ton.
HAT Buying price, f. o. b. Portland;
Alfalfa. .2324; cheat $20: clover, 22;
valley timothy, new, $2.23.
Dairy and Country Produce.
BUTTER Cubes, extras, 61c per pound;
prints, parchment wrappers, in box lots.
06c per pound; cartons, 67c; !ia If boxes, He
more; leas than half boxes, 1c more; but
terfat. No. 1, 63pti4c per pouud at sta
tions; HSc Portland delivery.
KGGij Buying price, case count, (52c;
Jobbing prices to retailers: Candled, 58c;
selects, 62c.
CHKESKJ Tillamook, f. o. b. Tillamook;
Triplet, 30c; Young America, 31c.
POULTRY Hens. 22S2Sc; springs, 32e;
ducks, 25&35c; geese, nominal turkeys,
nominal.
POUK, Fancy, 2323Ac per pound.
VEAL Fancy, 23c per pound.
Fruits and Vegetables,
FRUITS Oranges, $70; lemons. $5.25
8 o. 5 per box; grapefruit, $6 per box;
bananas, 124jl3Vac per pound; apples,
V2&3.76 per box; cantaloupes, tl92.50
per crate; watermelons, 2&3u per pouni;
peaches, $202.73 per box; plums, $1&
1.50 per box; casabas, 3r oer pound;
grapes, $2.u03 per crate, 10llc per
pound; blackberries. $3,2503.50 per crate;
huckleberries, 25c per pound; pears, $3 0
3.50 per box.
VEGETABLES Cabbage. 23o per
pound: lettuce. $lr&2 icr crate: cucum
bers, 5085c per dozen; carrots, $2.50 per
sack; horseradish, 25c per pound; garlic.
30c; tomatoes. 64g Soo per box; peas. 1 07
0c per pound; beans, . o xi era per pound;
beets. $3 per sack; turnips, $3.&0 per sack;
eggplant, 9 11c per pound; green corn,
25'a 30o per dozen.
POTATOES Oregon. $2.auira.7 per iuo
pounds: Yakima, $2.75 per 100 pounds;
sweet potatoes, 0G10C per pound.
ONIONS Yellow, $1.13 saclc; picitung.
11c pound. -
' Staplo Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane, granulated.
18. :40c per pound.
HONEY isew. $7.aoi&s per case.
NUTS rWalnuta. 22a38c; Brazil nuts.
35c: filberts, 30(tr3ac: almonds. 35c; pra
nuts. 1415c: cocoanuts, $1.76 per do.
RICE Blue Rose, 14 He per pound.
BEAN'S Small white, 7V4c; large white,
7ic: pink. Site: lima. 12 He per pound;
bayous, llc; Mexican reds, lOVao per
pound.
COFFEE Roasted, in drums, Zif4io
per pound.
Provisions.
Local Jobbing quotations:
HAMS All sizes. 42?4Uc; skinned, 419
40c; picnics, 2oc; cottage roll, 3oc.
LARD Tierce basis, 23c; shortening,
0c per pound.
DRY SALT Short, clear backs, 25 27c
per pound; plates, 21c
bacon Fancy, 4BWoc; standard, 82f
42o per pound.
Hides and Pelts.
HIDES Salt bides, all weights, lis
per pound; green hides, all weights. 0c;
green or salt calf, under lo pounds, 2lc
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, 25e; salt horse hides, large, $4
each: medium, $3: small, $2.
PELTS Dry fine long-wool pelts, 15o
per pound; dry medium long-wool pelts.
J2c; dry coarse long-wool pelts, 10c; salt
long-wool pelts. $2 to $3 each; .salt lamb
pelts, 50c to 75c; salt shearlings, 250 to
ooc; salt clippers, lac to 2oc
Wool, Cascara, Etc
MOHAIR Long staple. 25c per pound:
short staple, 15c per pound.
TALLOW No. 1, 70 per pound; No. 2,
ic per pound.
CASCAKA BARK Per pound, gross
weights, old peel, 10c; new peel, 9c per
pound.
WOOL All grades nominal.
HOPS New crop, nominal, 60c per
poud.
Oils.
LINSEED OIL Raw, barrels, $1.54
drums, $1.61: cases, $1.69. Boiled, bar
rels. $1.56; drums, $1.63; cases, $1.71.
TURPENTINE Tanks, $1.00: cases,
$2.11.
COAL OIL Iron barrels, 15 He; tank
wagons, 25 cases, 28c.
GASOLINE Iron barrels, 29 tic; cases,
38c.
FUEL OIL Bulk, $2.10 per barrel.
Coffee Futures Lower.
NEW TORK, Sept. 9. The market for
coffee futures was easy today, owing to
the reports of further declines in Brazil
and unsettled Rio exchange rates. After
opening at a decline ft 20 to 35 points,
there were moderate rallies on covering,
but tho market weakened again under
scattering liquidation, accompanied by re
ports of lower cost and freight offerings.
March sold oft to 8.02c, or 87 points net
lower, with the general list closing at a
net loss of 25 to 50 points. September,
7.60; October. 7.70c; December. 8.10c; Jan
uary, 8.30c; March, 8.70c; May, 8.00c; July,
0.05c.
Little demand was reported for spot cof
fee and prices lower at 84c for Rio 7s
and 14 to 15c for Santos 4s.
9 steers.
15 steers.
G steers.
0 steers.
1 steer. .
3 steers.
10 steers.
4 steers.
2 steers.
1 steer. .
2 steers.
2 cows. .
1 cow. . .
1 cow. . .
1 cow. . .
6 cows. .
4 cows. .
6 cows. .
I cows. .
1 COW . . .
I COW . . .
1 cow . . .
1 cow. . .
2 calves.
7 calves.
1 calf. ..
2 mixed.
1 hog. . .
2 hogs. .
4 hogs. .
4 hogs. .
7 hogs. .
2 hogs. .
4 hogs. .
4 hot. .
2 hogs. .
2 hops. .
2 hogs. .
6 hogs. .
4 hogs. .
4 hogs. .
4 hogs. .
1 hog. . .
5 hogs. .
3 hogs. .
3 hogs. .
1 hog. . .
3 hogs. .
8 hogs. .
2 hogs. .
4 hogs. .
1 hog. . .
fl hogs. .
5 hogs. .
1 hog. . .
19 hnirs.
WrL Pr.
925 $ 6.25 R hogs.. ,
Thursday 2.
Ytar ago IS
Season todate.C056
Year ago 1700
Tacoma
Wednesday ..
Year ago
Season to date
Year ago
Seattle
Wednesday ..
"ear ago :;
Season to date. 550
Year ago 879
17
31
60
03O
39
19
45
At
77
' 7
137
321
1
iss
118
20O
71
101
1
17
47
1
S
11
124
403
32
1
200
IS
1
43
810
CANADIAN WHEAT RETURNS GOOD.
Igtreshlns; Shows Yields tTp to and Above
, Average.
Montreal reports prairie sections with
the exception ot a lew scattered section
where rain occurrea, harvesting: of all
crops has progressed under favorable con
ditions and threshing returns are showing
JHS0
O.'lO
1111
7S0
1143
1015
970
1200
860
1013
1085
740
1040
730
not
897
910
1100
1220
1040
1120
850
7.50116 hogs..
8.00152 hogs..
0.7021 hogs..
9.0O:1.1 hoga.
8.7."'S hoga.
Wgt. Pr.
303 $1R.0O
1B.OO
186 IS. 00
198 lfi.OO
203 17.00
207 .18.00
S30 15.00
SI0 13.00
270 16.00
180 18.00
5.751 3 :
6.00 5
7.00 1
7.251 1 hog.
7.25 1 hog..
8.00 1 hog..
ft ll 2 hntfs.
7.50 8 hoga.. 130 15.00
S.75'13 lambs. 76 8.50
2.5o 1 lamb.. 130 son
3 lambs. h ."
5 lambs. 0O P.oo
lamb.: 70 0.50
6.0OI13 lambs. 8.25
6.2r.211 lambs 72 10.00
7.35 R lambs. 64 7.00
0.25! 2 lambs. 130 9.O0
4.00(r6 lambs. 88 9.00
6.501138 lambs 81 9.00
5.25125 lambs. 62 7.50
125 12.751 B Iambs. 96 9.00
392 7.501229 lambs 76 .
160 14.00 5 lambs. 61 8.50
470 16.0o:i5 lambs. 62 7.50
400 16.04!il7 lambs. 71 10.OO
.'to:: 18.001 3 ewes. . . 110 3.00
207 17.0OI66 ewea. . 94 B.50
187 1S.0OI 1 ewe 110 5.50
158 18.00I1R1 ewes.. 101 fi.Ofl
205 18.00 9yearl.. 9t 6.50
172 18.001 2 year!.. 90 6.00
152 16.59244 yearl. 95 7.50
200 1S.0O 1 yearl.. 100 6.00
245 18.00 7 yearl.. 102 7.50
320 17.0OI 4 mixed. 173 4.00
196 18.001 3 mixed. 104 5.15
300 18.00? 2 bucks..! 140 4.00
184 18.00 lbuck... 1HO 4.00
215 18.00 lcow... 1210 6.25
330- 16.00 r. cows.. 850 5.50
212 18.001 9 cows. . 940- 7.3.1
201 18.001 lcow... 610 6.00
103 18.00 4 cows.. 760 4.00
420 15.00 4 steers.. 9R7 8.50
150 16.501 8steera. 773 6.00
171 18.00 Istfer... KP0 5 OO
180 17.O0II7 mixed. 804 6.50
180 18.001 2 mixed. 470 7.50
220 16.50110 hogs.. . 164 18.00
200 17.50'16 hogs.. . 205 17.25
256 17.75116 hoga. . 191 17.50
310 13.00 31 hogs. . . 204 18.00
100 15.001
Official Quotations st the Portland Union
stockyards were as follows:
Cattle
Choice grass steers ,
Good to choice steers
Medium to good steers
Fair to good steers
Common to fair steers.......
Choice cows and heifers
Oood to choice cows, heifers. .
Medium to good cows, heifers.
Canners
Bulls
Choice dairy calves..
Prime light calves . . .
Medium light calves..
Heavy calves .......
Best feeders
Horn
Prime mixed . ;
Medium mixed ......
Smooth heavy .......
Rough heavy
Pigs
Sheep
Prime lambs' ........
Cull lambs
Yearlings
Wethers ............
Ewes . . .
Price.
$ 9.50(810.50
8.50(31 9.50
7.50 8.50
7.0011 7.50
6 O0 7.00
7.25(g) 8.00
6.25(B) 7.25
5.25(3) 6.25
2.75(B) 4.25
n.oo 6.00
, . 13.ooft.1n.no
, . n.nnio 13.00
. . 9.00? 11.00
.. 7.00ia 9.00
, . 8.50 6.50
. . 17.2SKMS.nn
, . 10.50(8 17.25
. . 14.oo.fi m.nn
. . 12.00W 14.00
. . 13.00 16.00
, . 9. nojM0.no
. . 6 oo(H) 7. on
. . 6.50 7.75
. . 6.25(H) 6.
. . 2.23 6.25.
Chicago Livestock Market.
CHICAGO. Sept. 9. Cattle Receipts.
14,000 head: good and choice steers and
yearlings. 10M5c higher, others steady to
strong; top all weights, $18; bulk good and
choice. $16&'17. b.; bulk grassy Kinds
$0.5O15.2.: cows, steady to strong. $6.7.
12.i.: bulls, strong, $006.75 on bolognas
choices calves about steady, $17(917.73;
stockers. steady to 2.c higher; range re
ceipts. 15 cars; market steady.
HoiT9 Receipts, lo.noo head: mostly 25c
higher than yesterday's average; spots up
more. Top. $16.50; bulk light and butch
ers'. x15.5016.40; bulk packing sows,
$14.20 14.50: pigs. 25c to 35c higher.
sneep t-ieceipts, .'u.imki neaa: Killing
grades slow to 25c lower: early top good
native lambs. $13: hulk. $1212.75; west
ems running larsrely to feeders; latter
opened steady: feeding lambs largely
$13.25(313.05; good fat native ewes, $0.50
7.00.
Kansas City Livestock Market.
KANSAS CITY, Mo.. Sept. 9. Cattle
7500; beef steers and feeders mostly steady
to strong: stockers, l6)2oc higher: stock
steers. $17.25; straight grassers. $13.10;
grain fed grassers, $15.7o; all other classes
generally steady: best vealers, $16; bulk
choice kind. $15jr 15.50.
Sheep, 7000; sheep and native lambs
steady; top native lambs, $18.50: few
sales; fat western lambs steady to 15c
higher; best $14.50.
Seattle IJvestock Market..
SEATTLE. Wash., Sept. 8. Hogs Re
ceipts 25. higher. Prime. $1 7.75 18.25 :
medium to choice. $16.754M7.75: smooth
heavies. $15.75 (S1 16 25 ; rough heavies, $13.75
M4.25; pigs. $1314.
Cattle Receipts. 79: steady. Prime steers.
$10(010.50: medium to eholce, $8.754p9.50;
common to good. $6.501)8; best cows and
heifers. $7.75(?f8.25: medium to choice, $6.50
ft7.50; common to good, S36.50; bulls.
$43; calves, $7 fj) 15.
Omaha IJvestock Market.
OMAHA. Sept. 9. Hogs Receipts. 4500
head; active. 2035o higher: bulk, me
dium and lightweight, $15(15.50; top,
$15.90; bulk, strong weight and packing
grades. $14.65(gM5.
Cattle Receipts. 3000 Head; beef steers
and butcher cattle, active, 15c to 25c
higher; best steers, $16.50; veals steady;
fitockers and feeders, steady.
Sheep Receipts, 13.000 riead; all classes
rully 200 nigner; top rat lambs, $14; best
feeding lambs, $13.40.
future deliveries of wheat, most of the
demand coming from houses with seaboard
connections. After the upturn in values,
though, had reached the highest level for
some time past, the market beiii to act
tired. Then came advices that foreign
demand at the seaboard was poor. Bulls
were also handicapped by pressure from
cash interests on all the hard spots in the
late dealings.
Corn advanced sharply at one time with
wheat, but averaged lower, influenced
mainly by the record-breaking figures in
the government report as to corn.
Oats were firm.
Export business, together with higher
quotations on hogs, lifted provisions.
The Chicago market letter received yes
terday by Overbeck Sc Cooke company of
Portland said: 1
Wheat There was an active demand for I
futures early in the session, stimulated by
the government report issued after the
cloee yesterday, which showed a reduction
of 25,000,000 bushels In the spring wheat
crop. The bulk of the selling appeared to
be in the nature ot hedging, with little
desire to make speculative sales. All in
terest at the moment centers on the" ac
tivity ot exporters, who today showed a
disinclination to follow the advance, as
bias were 6 to 10 cents out of line and
no new business consummated. Premiums
being paid at the seaboard are about 10
cents lower than they were the first of
this week. For this reason we expect the
market to sag some lower pending the
resumption of export buying.
Corn displayed strength early In sym
pathy with wheat, but developed an over
bought condition and for the balance 6f
the day the market was compelled to di
gest a good volume of sales. News was
of a decidedly bearish color and cash corn
sluggish. Reports from the country toid
of a keen deeire to sell old corn and also
reported contracting for new corn at much
lower prices than prevailing quotations.
Southwestern markets reported liberal pur
chases In the country on over-night bids
The latest upturn having been brought
about mainly at the expense of the short
Interest and the developments having
turned somewhat In favor of lower prices,
we expect to see a further downturn.
Oats had a strong undertone - early !n
the day. but the advance was checked
by appearance of profit-taking sales in
good volume. Cash markets started strong
on a steady demand, but later became
weak.
Ry Buying by houses with seaboard
connections took the surplus off the mar
ket early and was responsible for the ad
vance. Cash was firmer, with 'sales of
No. 2 on track at 2 cents over September.
The recent response to export buying was
quite complete, and it Is likely that a
further reaction will be experienced.
Provisions Scattered short covering and
light offerings influenced by advance in
hog prices gave the market some strength
during early trading, but the bulge brought
out a good volume or orierings. Atten
tion is called to the fact that lard man
ufactured after October cannot be deliv
ered on January contracts, whjch, we
think, will have a depressing influence on
October delivery.
Leading futures ranged as follows:
WHEAT.
Open, High. Low. CHose.
f.'. 9.o
2.46 2.42 H 2.43 V
CORN.
1.4314 1.40H 1.40H
1.23 1.20ft 1.2014
OATS.
Sept 64 'i .66 .64 .64
Dec 63 .07 .05 .661,
STOCK MARKET HIGHER
I...
ADVANCE DUE TO STJCCESS OF
NEW FREXOH LOAX.
Lower- Money Rale and More
Promising Crop Outlook Are
Also Favorable Factors.
Dee
March. .
Sept. . .
Dec. . .
$2.46
2.4214
1.41
1.2214
Pept.
Oct. .
MES3 PORK.
23.75 23.30
LARD.
19.20 19.10
1D.23 19.40 19.25
SHORT RIBS.
16.23 16.10
16.35 16.47 16.33
Cash prices were:
Wheat No. 2 red. $2.B8ff 2.5914
Sept...
Oct
Sept
Oct
23.23
23.75
19.20
19.35
ln.25
16.43
No. 2
hard. $2.01 &2.o714 ; No. 2 northern spring,
$2.5214.
Corn No. 2 mixed. $1.44 1.4414 ; No.
yellow. $1.45fJ1.4514.
Oats No. 2 white. 6614ai714c; No.
white. 6514 (367c.
Rye No. 2. $1. 5(91.07.
Barley $ 1. 03 Hi' 1 . 1 2.
Tlmoth seed $4r7.50.
Clover seed- $'2'2tf 2.
Pork Nominal.
Lard $19.20.
Ribs $13.75 16.7.5. ... .
NEW TORK, Sept. 8. The investment
situation was a factor of paramount Im
portance In the stock market today, tak
ing precedence over easier money condi
tions and the mors promising crop outlook.
Announcement of the successful offering
ot the new French loan, which was over
subscribed before the opening of the
books, was accepted as an indication that
investors are eager co participate in at
tractive underwritings.
The only noteworthy drawback was again
furnished by foreign exchange, which
continued to move against the markets.
Out-of-town banks contributed to the
enlarged supply of money on call, most of
which was offered at 7 per cent, but re
laxed to 6 per cent later.
Shippings, oils, dividend-paying rails and.
chemicals led the day s higher range or
prices. Unitsd Fruit mads a net gain 01
1314 points on rumors of a forthcoming
cash or stock dividend and American In
ternational rose almost 5 points.
Marked strength was shown by Mexican
and Pan-American Petroleums, Royal
Dutch, Union and Southern Pacific, Dela
ware, Lackawanna & Western and Na
tional Aniline. Sales were 450.000 shares.
Liberty bonds were irregular, but some
of the Internationals were stimulated by
the success of the new French issue, which
rose a fraction over par on the curb. Sales,
par value. $S.S50.0C0. Old United Btates
bonds were unchanged on call.
New York Stock List.
t . - t. luin WIA. ft - offered at 1: 1 T
last loan, 6.
Bar silver, domestic unchanged. .Foreign, !
9314 c.
Mexican dollars, 71 14c
LONDON. Sept. 9. Bar silver, 58d per
ounce; money and discount unchanged.
Swift A Co. Stocks.
Closing prices of Swift Co. stocks at
Chicago were reported by Overbeck &
Cook a company of Portland as follows:
Swift Co 124S
Swift International 321
Ltbby. McNeil Libby 14
National Leather 1014
Portland Butte Stocks Light.
PArdnnd ntorasa holdincs of dairy and
poultry products compare -as follows: I
Stocks. Year ago. !
Butter, lbs 487.776 1,094.56-'
Cheese, lbs 124.080 418.947
Kggs. cases 30.312 33.840
Poultry, lbs. 136.210
New York Sugar Market.
NEW TORK. Sept. 0. Raw sugar easy.
Centrifugal. $10.78. duty paid. Refined
dull and easy; fine granulated Hat ranges
from $15.00 17.10. Second-hand sugars
continue to sell at $14.75.
Holiday at San Francisco.
SAN FRANCISCO. Sept. 9. Holiday lo
cal markets and exchangea
Dried Fruit at New York.
NEW YORK, Sept. 9. Evaporated ap
ples dulL Prunes quiet. Peaches steady.
Cotton Market.
NEW Tork. Sept. . Cotton Spot quiet.
Middling. 31.75c.
Am. Beet Sug. 1.S00
Am. Can S00
Am. C & F 400
Am. H & L. . . . 3O0
Am. Int. Corp. 20.400
Am. Loco . 300
Am. S A R . . . 1,500
Am. Sugar .... 600
Am. Su. Tob.. 3oo
Am. T & T . . 700
Am. Woolen -. . 1.200
Am. Z.. L. S. 400
Ana. Coppe . . 1,800
Atchison 6U0
At.. O Ac W I. . 2.000
Baldwin Loco .13.400
Bait. Ohio r. 4.24MJ
Beth Steel "B" 7.400
B. & S. Copper. 100
B. & S. Copper loo
Can. Pacific . . 7,900
Cent. Leather.. BOO
Chandler Mot. . 2.1O0
C. Ac 0 1,000
C, M. &. St. P. 2.400
C. & N 300
C R. I. A P. 14 3,600
Crino Copper.. 100
Colo. F. & I. . . l.OOO
Corn Prod. .14 7.9O0
Cruc. Steel . . . 6.2O0
Cuba Cane Sug. 2,500
Krie 2.400
Gen. Elec 1,000
Gen. Motors . 3.300
G. N., pfd 1.204)
G. N. Ore Ctfs 200
Sales. High.' Low.
Sales. High. Low
82
3514
335
12
7
t
6014
111 1
83 V,
9S'4
831
13
54
84
136
110
41
77
l'.t-
19
121 '4
611s
III. Cenlral
Insp. Copper . .
I. M. Mar., pfd
Int. Nickel ...
Int. Paper ....
Kenne. Copper.
L. & N
Mex. Pet
Miami Copper. .
Mid. S. Oil . . . .
.Xlidvale Steel .
Mo. Pac. ..
Nev. Copper ..
V T. Cent. ..
N.T.. N.H.&F.
Nor. A West. .
So. Pac
Ok. P. A R. ..
Pan-A. Pet. . . .
Penn
P. & W. Va. . .
Ray Con. Cop. .
Reading
Rep. IAS.
R. Dutch, N.Y.
Shat. Ariz Cop.
Seattle Grain Market.
'SEATTLE, Sept. 9. Wheat Hard white
and northern spring. $2.53: hard winter,
$2.50; sort white nnd red winter. $2.47; Shell T. A T
white club. $2.48; red Walla Walla. $2.38;
Big Bend bluslem hard white, $2.55.
City delivery Feed Scratch feed, $82;
feed wheat, $83; all irrain chop, $70: oats.
$63: sprouting oats.' $67; rolled oats, $63;
whole corn, $73; cracked corn, $75; rolled
barley, $03: clipped barley, $68.
Hay Alfalfa, $30 per ton; double com
pressed alfalfa, $36; do. timothy, $42;
eastern "Washington, mixed. $30.
100
100
GOO
2.400
30O
104)
100
. 9.100
. 2.000
. 7,9(10
400
64)0
. 1.204)
. ;:,ooo
. 7.300
. 1,900
70O
. 5.20(
. 5.6O0
. 2,200
COO
600
. 6.5O0
. 1 .!"
5.400
200
S,10O
Anstralian Crop Estimated. -
LONDON. Sept. 8. Australian wheat
board estimates the coming crop at 167,
000. OOO bu&hels. The record price of 10
hillings a bushel is . expected by the
farmers.
Foreign Grain Markets.
LIVERPOOL. Corn. 6 to 7 cents higher.
BUENOS AY RES. Wheat 114 c lower.
Corn. 14c higher. Oats unchanged.
New York Grain Market.
NEW YORK. No. 2 yellow corn. c. 1. f.
rack. $1.68; No. 2 red and No. 2 hard
wheat, c i. f. track. $2.7014.
New Orleans Wheat Market.
NEW ORLEANS. Bids for No. 1 hard oi
red winter, $2.70 track.
Minneapolis Grain Market.
MINNEAPOLIS. Sept. 0. Barley, 82c St
$1.01. Flax, No. 1, $3. 10 fi S.43.
Dulnth I.in&ed Market. '
DULUTH. Sept. 9. Linseed. $3.443.5.
Metal Market.
NEW YORK. Sept. 9. Copper nominal.
Electrolytic spot, September and October,
mm i9c.
Tin steady, spot ana nearby, lis; fu
tures. $43.30.
Iron irregular. No. 1 northern, $al53;
No. 2 northern, $4850; No. 2 southern.
$42 43. -
Antimony uncnangeu.
Lead steady, unchanged. Zinc steady,
unchanged.
Hops, Etc., at New York.
NEW YORK, Sept. 9. Hops quiet state
ind Pacific coast. 1019. 70i75c
Hides and wool unchnnped.
OPEXIXG BUIXJE IX WHEAT
FK1CES XOT MAINTAINED.
at
Chicago Market Is Unsettled
Close Owing to Lack of
Foreign Buying.
CHICAGO, Sept. 9. Wheat prices went
up with a rush today owing to reduction
of the government estimate of the 1020
spring crop. Tho advance, however, was
not well maintained and the market closed
unsettled. 14c to 2c net higher, with De
cember $2.47 to $2.4714 and March $2.43i.
Corn finished 114 c to 214 c down, oats un
changed to 14c higher and provisions at
a rise of 10 and 40 cents.
At first there was heavy buying of
- Eastern Dairy - Produce.
NEW YORK. Sept. 9. Butter, strong;
creamery higher than extras; unchanged;
creamery extras, 6814 c; creamery firsts,
52i85714e.
Eggs firm; unchanged.
Cheese firne-: state whole milk flats cur
rent make white and colored specials, 28 14
2014a; state whole milk twins current
make specials, 28 & 28 V4 C
CHICAGO. Sept! 9. Butter, weak.
Creamery, 44 v 56c.
Eggs, unchanged. Receipts, 12,509 cases.
Naval Stores.
SAVANNAH, Ga.. Sept. 9. Turpentine
firm. $1.8714; sales. 194: receipts, 650;
shipments. 202; stock, 11,495.
Rosin Firm; sales, 194; receipts, 2569;
shipments, 4075; stock, 42.376. Quote:
B. D. E. F. G. H. I, K, M, N. WO, $11.25;
WW, $12.2513.80.
Loan Oversubscribed
The books for the French Gov
ernment $100,000,000 8 loan
closed in just one hour, with the
loan heavily oversubscribed.
Anticipating such would be the
case we subscribed for a larg-e
amount, of which we have avail
able about $150,000, and offer to
our clients at the oriRlnal price
of par and interest, yielding; a
minimum of 8.40 up to a pos
sible 1S. Angio-French 5's ac
cepted in exchange at 10214.
This offer is subject to
withdrawal without notice.
mkm
fj NORTHWESTERN BANK BLDfi. H
Sinclair O. A F.13.600
So. Pac 8. BOO
So. Railway .. 2.700
SO. oCN.J. pfd. 1.300
Stude. Corp. . . 5.5410
Texas Co 14.800
Tex. A Pac .. wx
Tob. Prod 6i0
Trans. Oil ,..,10.501)
Union Pac ... 3,200
US Food Prod.. 300
US Ind. Alco . 600
US R. Stores . . 3.40O
US Rubber 3. 000
U.S Steel 15,800
lTlnh Conner
US Steed, pfd.
West'hs Elec.
Wlllys-Ov. . .
U S Lib !s.
do 1st 4s. .
. do 2d 4s . .
do 1t 44S
00
300
BOO
2.400
7
60 '4
37 S
74 'i
30
29
3514
S9
123 .
39
1594
140
214
7614
3"'
48
76
19H
80
26
102-4
173
19-4
, 1314
3914
261.
11 1x
7414
34 VI
!
7914
4
91 4
42
20 Vs
16'4
02
84"
0Oi
' R5-
65S
51 '
9314
28
10554
62
51
37 U
641
14 14
121
60
S3i
as 14
s
89 14
6.-1
106-
4Si
1514
S0H
S5
133K
12t
74 Is
95
5914
111 14
84
9S
81 .
13
53
S3 It
1321i
10S
41
75 4
10
19
110
50-4
S654
8914
."614
74
.".014
29
3514
S7
123
37
15 '4
14014
206
76
88
4S
74 74
194
79',
2314
10214
167 Vi
194
13
3914
26 H
11
74
3314
94
78
4
SS
42 14
16
1S
S3
88
X3T4
54
3014
94 V
; 27
104
61
48
37
. 63 '4
1 3
120
59
83
67
8514
8S
,
.106 14
48
13V4
Last
Sale.
Sale.
61 14
35
135
12
29
96
60
11 1 14
84
S
83
13
54
84
136
10914
41
77
19
19
121
51
87
59T4
37
74
36 V4
2
35
89
124
38
1314
140
214
76
32
8S
43
76
19
80
26
102
172
10
13
S9
. 26
11
,74
34
91
7014
4
91
42
29
16Vi
92
83
00
3
. 55
31
i4
27
105
52
61
37
63
14
121
60
83
ns
80
89
63
106
4S
13
CANNERY HELP SOUGHT
More Tban 2 6 0 Women Can Be
rsed In The Dalles.
THE DALLES. Sept. 9. (Special.)
The dehydrating plant here and the
cannery are both appealing to the
women of Oregon for assistance in
putting up the pear and prune crops
of this season. Both plants are short
more than 200 women employes, and
it is feared by the managers that the
crops may rot before they can be
taken care of. The highest scales of
wages are paid, and company restau
rants reduce the living; costs. Posi
tions are open for all corners.
The deyhydratinc; plant started
work yesterday on Bartlett pears and
prunes, paying an average of $70 per
ton for pears, and J60 for prunes. At
present they have 400 tons of pears
on hand, and 700 tons of prunes.
BONDS.
.90.0o Anglo-Fr 5s .. 99
, .85.201A T A T cv 6s. 94
tii Till Atrh Ken 4s . .. (5
.S.1J-IO & R G con 4s. 6514
,l ,! 411a. . .85.02! N Y C deb Os..
do 3d 4s. ... 3 ' j
..flO..-"l 1 ........
..95.401 Pac T A T 5s. .
..95.38' Pa con 4s....
101 IS P cv 5s
IOI So Ry 6s
105 U P 4s
105 I U S Steel 5s. . . .
do 4th 4 s
Victory 3s .
rio 4s ...
U S 2s reg. . .
do coupon .
V a 4s reg. . .
do coupon .
Pan 3s reB. . .
do coupon ,
91
75
54
82
89
98
84
80
02
FALL FROM HORSE FATAL
Mrs. Amy Curry of Albany Dies 15
Days After Accident.
ALBANY. Or.. Sept. 9 (Special.)
Mrs. Amy Ellen Curry, wife of Har
vey W. Curry of Scio, a young woman
widely known in this vicinity, where
she has spent most of her life, died
yesterday morning at St. Mary'a hos
pital as the result of an accident
when she was on a vacation 15 days
ago. ,
Mr. and Mrs. Curry and some friends
from Sclo were in .the mountains
near Snow Peak above Lacomb when
the accident occurred. Mrs. Curry got
on a horse to go for some water.
The horse reared. She fell off and the
animal fell on her.
School Attendance' Increased.
TACOMA.' Wash.. Sept. 9. :(Spe
cial.) Tacoma's school census shows
an Increase of 1069. a gain of 7 per
cent over last year, figures at the end
of the first day disclose. High and
grammar schools as well as kinder
gartens show a total enrollment of
15,234 pupils. Private and parochial
schools reported an increase also.
Bid.
Mininr Stocks at Boston.
BOSTON, Sept. 9. Closinir quotations:
Allouez 23 INortn mine
Ariz Com . 10 lOld Dorn
Cslu & Ariz 56 14 1 Osceola .
Calu A Hecla..2o lyuincy
Centennial
Cop Rango .
Franklin
Isle Royalle .
!.ako Copper,
ilohawk ....
10 ISupcrlor - -
351z',Sup & Boston.
2i5hannon ......
28 Utah Con
3 I Vinous
59 ! Volverine ......
26 l
2414
38
45
4
4
1
7
30
11
Money, Exchange, Etc.
NEW TORK, Sept. 9. Prime mercantile
paper unchanged.
Exchange weak. Sterling; demand.
$3.52; cables. $3.63. Francs, demand.
6.74; cables, 6.76. Belgian francs, demand
7.18: cables, 7.20; guilders, demand. 31.37
cables. 31.50; lire, demand. 4.32; cables,
4.34. Marks, demand, 1.89; cables. 1.90.
New York exchange on Montreal, 014
per cent discount. m
Time loans strong, unchanged.
Call money steady; hlph, 7; low. 6; rul
Iladd&tilton!
I PANK. I
AVe Offer for Investment Oar
Allotment In
$100,000,000
Government of the
French Republic
25 -Year 8 Sinking Fund Bonds
Dated September 15, 1020.
Price 100 and Interest
Yielding Over 8
Denominations $10O, SSOO, $10OO
Interest payable In lc1d In the United States
March and September 15th
These bonds are a, direct obligation of the French Repub
lic, payable without deduction for French taxes.
Callable by lot 4,0O0,0AO each year
at 110 after 5 years.
An annual sinking fund of $4,400,000 will operate quar
terly the first five years to purchase these bonds) up to
110 in open market
Complete detailed Information on request.
We .recommend these bonds for Investment.
. BOND DEPARTMENT"
Ladd & Tilton Bank
I I: I I I
lljili Olilest In the tfEDERAa. ffiSH? 1Vah1nsrtm and- jl I
Northwest . trrstSM Third Streets j .
Build An
Addition to Your
Income
Consistent investment in good
securities offers the means.
Send , for our September list
containing carefully selected is
sues which we recommend for
immediate purchase.
Ask for Circular OR-331
The National City
Company
Correspondent offices In more than
OO Cities.
Portland Yeon Building
Telephone Main 6072.
; FACTS NO. 553
MAKING GOOD
j
Almost everyone makes mis
takes for which some satisfac
tory explanation can be made,
but the road-maker must always
make good. No excuse is valid
for a road's shortcomings; so,
when a road is to be improved,
tests, past experience and merit
will dictate that it should be
paved with
WARRENITE
BITULITHIC
"Warren Brothers Company
WW
WE Wl SELI,
10OO Idaho Gold A Ruhr .19
10O0 Ouerts Trading Co ,0!V4
I OOO Alatka Prat & Coal ItiS
I OOO Miks Henry Oil 14V4
SO00 Out Wnl OS
600 Harvey (.'rude Oil 60
25 Alaska Stramnhip.
SS I'Rclflc btata fire.
15 Wrxtern Jiubbrr.
25 American Ufeorrapb.
We Buy and Sell Llbrrty Bonds in
Any Amount.
liERRIN'S RHODESlNft
r- ESTABLISHED ISM. ,
STOCKSand BONDS j
Rail war Exchange Bids;. Main SS2.
Members Chicago Board of Trade
Private Wires Coast to Coast.
CASCARA BARK
Shin to Va and Rveelve
THE HIGHEST PRICE.
We Want All Too Have.
Write for Tin and Prices.
Sullivan Hide & Wool Co.
H4 lTonf St.. I'ortlnTid. Or.
A Northwest Municipal
Yielding
EXEMPT FROM FEDERAL
INCOME TAXATION
City of Soda Springs, Idaho
7 Improvement Bonds
Dated Aug. 15, 1919. Optional Feb. 15, 1921. Due Aug. 15, 1929.
Estimated to Mature as Follows-
(15,000 sidewalk Improvement. 27, OOO Sewerage Improvement.
District -No. 3.
Amt. Est. Maturity. Price.
I'OOO August IS. 1923 IIS fiS
1000 August 15. 19J4 !)S 30
J1HH) August 1.1. lU2.- 07 05
S00.T August 15, 102
' 31X11) August 15. Ifl'JT 117 SJ
3O110 August 15, 10''S !7.03
1000 August 15. 10110 Uli.77
District No.
Amt. Kst. Maturity. Price.
jLNlufl August 15, lf21 00.53
WI00 August 15. 101:3 08.49
4UIM) August 15, 1024 OS. 30
4000 August 15, 125 07.05
4000 August 15. 1020 07 62
4000 August l-. 1027 07.32
4O00 August 13. 1028 07.03
2000 August 15, 1929 96.TT
A Growing Town in a Prosperous Community
Soda Springs is the county seat 0$ Caribou County and the
commercial and transportation center of one of the richest
Dairying, Stock Raisin? and Agricultural sections in the state.
The soil in the district is fertile and produces abundant crops
of practically all staple farm products. Gifted with an excel
lent climate, crop failures are unknown. .
Financial Statement of City
. $ R04.457.OO .
. 1,000.000.00
Assessed valuation, 191S
Real valuation, estimated
NVt debt for ffenersl tmrnose deducting Water
Bonds 11.600.00
Principal snd semi-annual Interest February 15 and August 15) payable,
st the National Bank of Commerce. New York City, or at the offices of
Morris Brothers, Inc. DENOMINATION 11000.
Telephone or Telegraph Orders at Onr Expense.
MORRIS BROTHERS, Inc:
Between The Premier Municipal Bond Hbnse,
5th mnd 6th Established Quarter of a Century.
Streets. Morris Blrlg., 300-11 1-tR.rk St.
Capital One Million Dollars.
Telephone
Broadway
2151
An unconditional
Obligation of the
r Republic of France
8 Sinking Fund Gold Bonds
PRICE 100
Yielding From 8 to 17.40
All the bonds will be redeemed at or before
maturity at 110. For five years bonds may
be purchased on market up to 110; after
five years bonds retired by lot at 110.
Principal, Premium and Interest
Payable in U. S. Dollars
Den. $1000, $500, $100
Call or Order by Phone, Wire or Letter
Undo? $ tsporvliioei. Oroon sULe Banking OopirljrLCnl,
Lumbermens Building
We offer subject to our allotment
$100,000
GOVERNMENT OF . THE
FRENCH REPUBLIC
Twenty-five Year 8 Sinking Funcl Bonds
Dated September 15, 1920. Due September 15, 1945.
Callable at 110.00.'
"We will accept Anglo-French 5 Bonds, due Oct. 15, 1520, at par
and accrued interest, or with final coupons attached at 102.50 flat.
Price $100.00 and Accrued Interest
Blyth, Witters Co.
' VHIED SIftXES GOVERtfMHfiT MUNICIPAL AT5 C0RPORMIOIT BONDS '
Main 8183. 402 Yeon Building
Portland, Oregon
We Offer Subject to Prior Sale Our Participation in
$100,000,000
Government of the French Republic
TWENTY-FIVE-YEAR EXTERNAL GOLD LOAN.
Mo
SINKING FUND BONDS
Dated Sept. 15, 1920
Due Sept. 15, 1945
Principal, premium and interest payable in New Tork in United
PRICE PAR TO YIELD 8
Detailed Information upon request.
Carstens & Faarles, Incorporated
immiuiMiniiiiixniitiiiimiiiiHiuiuiiiiij tfBBB iiiuiiitiiiiiuttiittiiiiiiiiin 9 j!iiimmiiiiin...iiiiMmttmiimi!itMiiiuiu
Kstablished 1891.
Government, Municipal and Corporation Bonds.
Third Floor U. S. National Bank Bldg. Phone Broadway 4108