THE 3IORXIXG OREGONIAX, AVEDXESDAT, SEPTEMBER 22, 1920
23
BUYERS
ARE
SCARGE
IN HOP MARKET
Prices Sagging Because
Lack of Demand.
of
FIFTY CENTS IS ACCEPTED
Picking Almost Completed in Ore
gon and Yield Is Not Over
60,000 Bales.
Hop picking; is finished in most of, the
mailer yards In Oregon, and the large
yard a will complete their harvest in an
other week if the weather is favorable.
The showers of the last few days have
interfered with the work, and some pick
ers have returned to their homes, but
enough remain to set the last of the
crop in.
Growers are beginning to turn their at
tention to the market, and they do not
find the situation as satisfactory as they
hoped for. The demand is very slack.
This has dragged pricea down somewhat,
and unless the inquiry improves it may
carry prices lower. A few small lots.
aMrrejratinar two or three carloads, have
been bought at 50 cents, and tther grow
ers announce their willingness to sell at
thia price if they get the bid. Fugglea are
quoted around 55 cents. .
The Oregon crop is estimated by most
dealers at between 45,000 and 50,000 bales.
There is no complaint as to the quality.
Late Yakima advices are that the crop
there is coming down a little better than
was figured a short time ago. A yield of
2,000 bajes is now estimated.
According to reports from England, hop
picking in that country will probably not
be finished until the latter part of this
month. Latest estimates are unchanged
at 1250,000 cwts. The market remained
dull and listless, neither buyers nor sellers
much interested or disposed to transact
business. Prices of 191Us and older hops
are slightly easier.
Total exports from the United States
for the 11 months September to July last,
both inclusive, were 29,400,100 pounds, or,
roughly. 150,000 bales. As the entire 1910
United States crop was only 125,000 bales,
a large proportion of the above exported
quantity must needs be 1918 or older hops.
Kxports from the United States to Great
Britain during this period were 25,503,527
pounds.
WHEAT TRADING STOPS XS COUNTRY
Buyers Withdraw When Chicago Suffers
Biff Break.
The big break in the Chicago wheat
market put a stop to wheat trading in this
section. Nearly all the buyers throughout
tho country withdrew from the market,
except for September hard white, bids on
which were 2 cents higher on a local de
mand. All offers were lower than Mon
day at the Merchants Exchange. October
hard white was down 2 cents and No
vember 3 cents. Soft white bids were re
duced 6 cents, white club 4- cents, hard
winter 5 cents and red Walla 3 cents.
There were no bids on northern spring.
One hundred tons of October feed bar
ley were sold at $40.50, or $1.50 more than
was offered the day before. Brewing bar
ley bids ranged from unchanged to $1
lower. 'Oats were down 91 w 2 and corn
50ctl.75.
The Idaho state crop report estimates
spring wheat at 15.778.000 bushels, winter
wheat 5.908,500 bushels. oats 0,Sll,Ot0
bushels, barley 4.222,800 bushels, corn
900.720 bushels, hay 2,103,000 tons.
Weather conditions in the middle west,
as wired from Chicago: "Early reports
show generally clear southeast and west.
No rain, temperature very seasonable and
warm. Forecast: Illinois, Missouri, North
and South Dakota generally fair and cool
er, elsewhere unsettled and cool. Shel
don, la., says 95 per cent of corn safe from
trost. Elevators are full or corn and oats
A Chicago bulletin said: "Millers ex
pect a reduced export demand for flour.
The policy of the importing countries is to
buy wheat and grind It at home to give
employment to home labor."
Tho four leading winter wheat markets
have a stock of only 3,045,000 bushels out
of a visible total of 24.8S3.455 bushels.
Last year they had 38.030,000 bushels, or
about half the total visible.
St. Louis reported 40.000 bushels of cash
corn delivered on contracts. Wheat re
ceipts were 70 cars at St. Louis and 1006
cars at Winnipeg.
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wht. Bar. Fir. Oats. Hay.
Portland. Tuesday 82
Tear ago 3t
Season to date . . . . 377
Tear HKO 22H0
. 134
. 48
. 9!4
.1241
. 23
peaches. $1.503:2.23 per box; plums. $1
Corn :
No. 3 eat, yellow, ship. 51. 50 51.50 51.25
No. 3 yellow, delivery. .52.00 51.50 51.00
Millrun 54.00 45. 0O 41.00
FLOUR Family patents. $12.95; baker's
hard wheat, $12.95; tmL Dakers patents,
$12. 15; valley, $11.20; graham, $10.&U;
whole wheat. $11. Oi
Ml LLFKED Prices f. o. b. mill: Mlll
ran, o7 per ton ; rolled barley. $00 J2;
rolled oats. $58; scratch feed. $S0 per ton.
CORN Whole, $70; cracked, $73 per ton.
HAT Buying pries, i. . b. Portland:
Alfalfa, $2324; cheat, $21fc22; clover,
$22 ; valley timothy, new, $27 & 28.
JDmiry and Country Produce.
"BUTTER Cube, extras, 61c per
pound; prints, parchment wrapped, in box
iota. 6k; per pound; carto na. tt7c ; ha 1 f
boxes, Vic more; less than half boxes, le
more; butterfat. No. 1, tt3 H4c per pound
at stations ; 8c Portland delivery.
EGGS Buying price, cases count, 58c;
jobbing prices to retailers: Candled, 634f
U5c; selects, ti-Sc.
UHEESK Tillamook, f. o. b. Tillamook:
Triplets, 31c; young America, 32c.
POULTRY Hens. 20'(i:iUc; springs, 30
32c; oucks, 25 4j 3c ; geese, nominal; tur
keys, nominal.
PORK Fancy, 225e per pound."
VEAL Fancy, 23c per pound.
Frmits and Vegetables.
FRUITS Oranges, $8.25 9; lemons,
$5.255.75 per box; grapefruit. $3 qi S box;
bananas, 1213Vc per pound; apples,
$I.50&3.7 per box; cantaloupes, $2&2.0O
per crate; watermelons, l'&'Zc per poixnd;
peaches. $1.50&2.75 per box; plums, 1
$1.50 box; casabas 2ViVjc per lb,; grapes.
$2-75(3 25 per crate, 10uHc per pound;
pears. $2.503 per box; prunes, 2(5c per
pound; huckleberries, 22c "pound.
VEGETABLES Cabbatfe. 2Mi3c pet
pound; lettuce, $2&2.50 per crate; cucum
bers, 50 75c per dozen; carrots, $2.50 per
sack; horseradish, 25c per pound ; garlic,
aoc; tomatoes, dOtyMoc box; beans, 7&10c
per pound; beets, $3 per sack; turnips,
14.50 per sack; eggplant, H&lZftc per
pound green corn, 25&30c per dozen;
sprouts, 15c pound.
POTATOES Oregon, $2.252.75 per 100
pounds; Yakima. $2.00(3; sweet potatoes,
&7c per pound.
ONIONS California brown, $292.25 per
sack; pickling. 8 10c per pound.
Staple Groceries.
Local Jobbing quotations:
SUGAR tacK bajus; Cane, granulated,
16.30c per pound.
HONET New. $7.50S per case.
NUTS Walnuts. U238c; Brazil , nuts,
35c; filberts, 8utp35c; almonds, 35c; pea
nuts, 14 15 c; cocoanuts, $1.75 per dozen
RICE Blue Rose, 14 per pound.
BEANS Small white, 7c; largo white,
7c ; pink ,tc; lima, 12 c per pound;
bayous, 11 3fc c; Mexican reds. 10 fee pet
pound.
COFFEE -Roasted, In drums, 2o 47c
per pound.
Provisions.
Local Jobbing quotations:
HAMS- All Kizes. 42Mtc; skinned, 419
4Uc; picnics, 25c; cottage roll, 35c
LAKD Tierca basia, 23c; shortening!
20c per pound.
UK Y SAU Short, clear backs, 25 27c
per pound; plates, 2lc.
BACON Fancy, 4tiitf58c; standard, 82 &
42c per pound.
Hides and Pelts.,
HIDES Salt hides, .all weights, 11c per
pound; green hides, all weights, Vc; green
or salt calf, under 15 puunds, 17a20c;
greea or salt kid, 15 to 30 pounds, 12c; salt
bulls, 9c; green bulls, 7c ; dry hides, 20c;
dry salt hides, 15c ; dry calf, under 1
pounds, 25c ; salt horse hides, largu, $4
each: medium, $3; small, $2.
PELTS JLry line long-wool pelts, 15c
per pound; dry medium long -Wool pelts,
12c; dry coarao lung-wool pelts, 10c; salt
long-wool pelts, 2 to $3 each; Bait laiuu
pelts, 50c to 75u; salt shearlings, 25o to
4uu; salt clippers, loo to 25c
MOTOR STOCKS DECLINE
EFFECT OF
FEXjT IX
FORD PRICE CUT
WAL.Ii STREET.
pound;
2,
Wool. Cascarm, Etc
MOHAIR Long staple, 25c per
short staple, lac per pound.
TALLOW" Nu 1, b per pound; No.
5c per pound.
CASCARA BARK Per pound, gross
wciguts, old peel, ttVjc; new peel, 8V3C pet
pound.
WOOL All grades nominal.
HOPS New crcp, 5oc; lug glee, 65-c
pound.
oils.
LINSEED OIL Raw, barrels, $1.54;
drums, $l.ttl; cases, $1.U0. Boiled, barrels,
$1.5U; drums, 1.U3; cases, $1.71.
TURPENTINE Tanks, $1.90; cases.
$2.1L
FUEL OIL Bulk, $2.10 per barrel.
COAL OIL Tank wagons and iron bar
re!. 17c; cases, 30U,37c.
FUEL OIL Hulk. $2.35 per barrel.
GASOLINE Tank wagons and iron bar
rels, 20c; cases, 41VsC.
S ha res Are Off 2 to 7 Points; Rub
bers and Oils Are Also Lower.
Bond Market Firm.
NEW YORK", Fept. 21. Leading stocks
were subjected to intermittent selling
pressure today, the professional element,
almost as a whole, extending their short
commitments as a result of developments
which seemed to foreshadow further in
dustrial readjustment.
Foremost among these was the suspen
sion of dividends on the common stock of
the Central Leather company. While this
action occasioned little surprise, the im
pelling cause directed renewed attention
to the depression now prevailing In many
important branches of trade and manufac'
ture.
Yet another significant development was
the announcement that the Ford Motor
company had cut the price of its products
pre-war oasis. Motor shares and their
subsidiaries, especially the latter, were
mong the heaviest features. Extreme de
lines in these issues, lnclndine rubber ids.
cialtles, ranged from 2 to 7 points.
Oils, which derive much of their sup
port from the motor Industry, also fell
back. ' "
Sales were 700.000 shares.
MoneV on call acrnln hlrf at 7 Tr rnt
and time funds ruled at recent rates.
The bond market was active and malnlv
firm, including liberty issues, with mixed
nanges in the foreign group. .Total sales.
par value. $12,300,000. Old United States
bonds were unchanged on call.
CLOSING STOCK QUOTATIONS.
Rat,
American Can 1.200
Am Car & Fdy 400
Am H & L Pfd l.HOO
Am Inter Corp 4.0oo
Amer Loco... 2.0OO
Am Smt & Rfs -5,3tH
American sue 2.700
Am Sum Tub 1.400
Am Tel & Tel ttOO
Amer V ooien 1.500
Anaconda Cop 2.2UO
Atchison .... 2.000
Atl G & W In 1,2410
Baldwin Loco 31.4O0
Bait & Ohio. . 3,700
Bthle Steel B 5.900
But & Sup Cop UK)
Cal Petroleum 1M0
Can Pacific. . 3.400
Cen Leather. . 4,400
'handler Mtrs IKW
Ches & Ohio.. 3,600
Ch Al & S P. 1.200
Oh & Nr West UK)
Ch R I & Pac 4.4M
Chino Copper 500
Corn Products 1.000
Crucible Steel 2.300
Cuba Cane ifug 3,5oO
t;rie 14. i mi
General Elec. . tt.200
General 51 trs 7,000
Gt Nor Pfd . . l.Ooo
Gt Nor Or ctfs 2,200
llinois Cen . . 200
nspr Copper. 300
Int Mer M -Pfd 300
nter Nickel . . 3,rioo
nter Paper. . 500
Kan Cty South 1.30O
Ken Copper. . 800
Mexican Petrol 30,5tH
Mid States Oil 18.2O0
Mid vale Steel 1.8U0
Missouri Pao.. 1,80
Nevada Cop.. 200
Y Central. . 4.900
N Y N H & H 9.000
Nor & West . . 300
Northern Pac. IS, 000
Ok Prd & Rfg 500
Pan-Am Pet 18.700
Pennsylvania. . 500
Pitts & W Va 9,000
Ray Con Cop. 1.100
Reading 6,900
Rep ir & Steel 7,sm
Royal D N Y 7.000
Shat Az Cop low
Shell T & Trad 1,(MK
Sin Oil & Pvfg 12.04'0
South Pac. . . 17,!im
Southern Ry.. lo,8oo
S Oil N J Pfd 1.400
Stude Corp.. J2.50O
Bank Clearings.
"Bank clearings of the Northwestern
cities yesterday were as follows;
Portland
Seattle ..
Tacoma .
Spokane
Tacoma, Monday.
Year ago
Beaton to date...
Year hko
Seattle. Monday.
Y'rar ago
Season to date . . .
Year ago
CHXNXSE
14
953
1224
1 64
20 ... 2
40 151 159 323
101 C35 218 470
3 5 5
1 . . . 1 3
22 200 43 228
07 ... tS3 242
1 8 ...
5 . . . 2
76 SO 47 507
90 148 416
I" LOUR
ENGLAND
large Stocks Imported, bat Quality Not
tiatis factory.
No one knows exactly how' much Chi
nrse flour has been purchased by the
British royal commission on wheat sup
piles, but Judging from the large stocks
that aro on hand and the amount that
has been allocated through importers. Chi
nese millers must have done well, cables
C. F. G. Raikcs, London correspondent of
the Northwestern Miller.
The first arrivals were not liked at all,
but later some shipments were quite good
value. It being supposed that Australian
wheat had been used in the milling and
mixture. Recently, however, the flour has
got a bad name owing to it having been
ascertained that some 'of the shipments
did not consist of pure flour. Other ele
ments than wheat, such as bean flour.
have been found in the samples examined.
It is hardly likely that there will ever be
a permanent trade in the markets of the
United Kingdom In Chinese flour.
MORE CUBE BUTTER IS OFFERED
Kggs Scarce and Firm Poultry Prices are
Steady.
There was more cube butter offered
yesterday than for several days past and
61 cents was the best price reported paid.
The hop-growing districts have ceased to
draw on this market and some of them are
again beginning to ship this way. De
termtned efforts are still being made by
Seattle firms which are short on storage
stocks, to depress the market by bringing
In Canadian butter. .
Eggs were firm with very light receipts
and a good demand.
Poultry supplies were of good size, but
cleaned up at steady prices. Country
dressed pork was very scarce.
Yakima Potatoes Received,
The demand for fruits of all kinds was
slow. Peaches dragged and prices were
weak though the supply was not large.
Cantaloupe stocks were also limited.
Grapes of all kinds were plentiful. Two
cars of Yakima Netted Gem potatoes
rived. Graded stock was quoted at 3
cents and field run at 2H cents,
PORT LAN Li MARKET QUOTATIONS
Grain, Flour. Feed, Ete.
Merchants' Exchange., noon sslon.
Bid
Wheat Sept. Oct. Nov.
Hard white $2.50 $2.46 $2.4.".
Raft white 2.32 2.32 2.32
White club 2.;7 2.37 2.:i4
Hard winter 2.30 2.80 2.30
Red Walla 2.30 2.30 2.30
Oats
No. 2 white. 47.50 4S.00 4 00
o. 2 gray 45.00 45. OO 45.00
Barley
Brow In 50.00 49.00 49.00
ClearJns.
. .$0,010.279
. . 7, !!. 353
hiu.b4u
. . 2.157.105
Balances,
$7.28U.5m
1.IMO.610
1O2.903
739.308
SAN FRANCISCO PRODUCE MARKET
Pricea Current on Vegetable, Fresh Fruits,
.Etc., at Bay i'lty.
SAN FRANCISCO, Sept. 21. Butter
Extra grade, OSo; prime firsts, 04c.
Eggs Fresh pullecs, 72V4c; dirties, no.
03c : extra pul lets, 04c ; undersized, 41ic.
Cheese Flats, iancy, 30c; young Ameri
ca. 3bc.
Vegetables EpKrwant. lug. 605c; sum
mer squash. uv'tjyoc; potatoes, street
prices, river, $2.05 ft 2.75 ; sweets. 4 Si 4 c;
onions, yellow and white, iM)ciu f l ; central
Australian brown, Jlfivl.rj; oeana, atrp
12Hc; bell peppers, 50w0.c; cucumbers.
75c $1 ; celery, crate, $4 4x'5; green corn,
sack. $2p2.50; peas, 12Vsul5c; tomatoes,
65c (d$l.
Poultry Hens, 1-arge, colored, 33Sc;
small. 300-33c; White. Leghorn, large, 3(Q
32c; smaii, 2J(g'27.; strictly young roosters,
3(&,41c; old, 23' 24c; try erst 40fM3c;
broilers, 4Sd50c ; ducks, 25(ir28c; pigeons.
(a 'd.oQ dozen ; squabs, 00c; turkeys,
alive, 50tfr 52c. .
Fruit iStra. wherries, i5ca$l; raspberries,
70eij$l: blackberries, $&$$10; cantaloupes,
standards, i .c q. $ l ; ponies. to vi uoc
a La, o" a 4,c ; watermelons, $2ii3.25 dozen;
Valencia oranges, ..5or(i o.2j ; lemons, 2y
4.25; grapefruit, $3(5) 4. 25; apples. Bell-
owers, 1 1.5Q& L7; peaches, $l;S1.7.
plums. $1.25&2; pears, Bartlett. 34
wrapped ; rig. 1 1 1-25 ; grapes, black.
$ I 7v4j2; seedieas, $l.o0 1. bananas. 9
lie.
Recei-pt flour, 71iO quarters: whMt
940 centals; barley, 4:170 centals; oats. 4tW
cen tads; potatoes. 8950 tacks; oniony 2230
sacks ; hay. 21 o tons; hides. 3b roILs
oranges, 500 boxes; livestock, 500 head.
Brazil May Support Coffee.
NEW YORK. Sept. 21. Early advances
were not fully maintained, but the market
for cof re futures showed a generally
steady tone during today s trading. Ow
ng to the holiday there were no cables.
The market opened at an advance of 111
to 34 points and active months sold at
30 to 34 points net higher with December
touching 8. 30c. compared with i. 2c, the
low point of last Saturday. Rumors that
the Brazilian government was consider
ir.g action to support the primary mar
kets were circulating again today, but
after early buying orders had been eup
piled the market eased oil to 8.10c for
December under realizing. That delivery
closed at 8.20c with the general market
showing net gain of 17 to 28. September,
7.70c; October, i.aic; lectmber. 8.20c
March. 8.75c; May, 0,O2c; July. 0.10c.
Spot quiet; Rio is, cantos 4s 13
Eastern Dairy Produce.
CHICAGO. Sept. 21. Butter unchanged
Ecks Higher; receipts, 11, ISO Cdse
firsts. 53 V& $i-54 fee; ordinary firsts, 4s
50c; at mark, cases -included, 49 53c
standards, 55c; storago packed firsts,
50 u otic.
NEW YORK. Sept. 21. Butter firm
Creamery higher than extras, 01 02
creamery extras. Sic; firsts, 514fOOc.
Eggs-F1rm; fresh gathered extra firsts,
61 U 03c ; firsts, 5 1 $i jc,
C'neese firm. State whole milk twins
current make spec i a La, 28 V 2$ 'c ; others
unchanged.
Dried Fruit at New York.
NEW YORK. Sept. 21. Evaporated ap
pies dull. Prunes fairly active. Peaches
steady.
FOR SALE
I0OO Alaska Pete & Coal.
50 American I.lfeograph.
5no Banker St Merchants Pete,
too Elgin Motors.
10O0 High Gravity.
1OO0 Harvey Crude.
1000 Invader Texas.
10O0 Qtieet Tradinc
125 Universal Nut Lock.
35 Pacific States Fire.
50 Nw World Life.
25 Superior Portland Cement.
Liberty Bonds at Market.
FIeRRIN'S RrlODES'iNCi
r ESTABLISHED ISM.
STOCKSano BONDS-
Muln tun.
Railway Kxnhanirtt Klrijr.
Members Chicairo lioaxd of Trade.
Texas Co.
Texas & Pao'
Tobacco Pdta
Transcon Oil . .
Union l"ai;iric
V S Fd Prat,
U S Ind Al..
U S RU Storea
S Kubber. .
S Steel
U S Steel Pfd
;tah Copper.
West T-'nlon . .
West Kleetric
Willya-Overld .
IMtO
S.soo
s.uoo
0. 000
;too
1. aiK)
12.3110
s.ono
15.Ji0
1.4UO
, 1.5UO
100
3,'J(M
10, BOO
Last
High. Low. Sale.
.-IB 35 3B
13 13S lZ'ihk
7014 SH TOH
77S 7GH 77
97 95 95 i
112 lOBii 110H
90S S9 SO',.,
1S? 8 8
82 '4 80 8t
55 V 64 'A 64
S4, S-t', 84
152 14U14 150Vi
114 112 ,112Vt
44 43',, 43 ,
77 73'), 78
20 20 20
:M)i 30 301
122 121 121
50 r. 48Ti 47
85 62 W t3
60 65 65
3S 37 37
75 75 75
3S 38 3S-4
2 ZHV. 2S
8 8S 88
133 128 130
40 38 38
20 10 20
145 14.1 143
20 20 20
70 79 79
35 . 34 35
90 90 90
4S 48 4HVt
78 77 77
19 10 10
82 81 81
22 21 22
25 25 25
190 191 194
10 15 16
4l 39 40
2S 27 27
,12 12 12
77'. 75 76
35 34 35
97 96 96
SOU 79 79
4 4 4
Ott ' v 93 93
42 42 42
34 34 S4
15 15 15
95 93 94
83 81 82
87 85 87
8 8 8
53 53 53
34 33 34
97 96 9(1
29 29 29
105'. 15 105
84 62 64
52 51 52
3S 37 . 37
70 6S 68
13 13 13
124 122 122
6 60 60
86 85 85
72 70 70
87 85 83
90 83 90
10 105 106
05 64 64
83 83 83
48 47 4S
15 14 14
CDS.
Anclo-Fr 5s.. .100
AT&T uv 6s 96
Atch gen 4s. . . 76
Capitalization $1,500,000. Actual Cost,
Properties, Buildings and M achinery
$1,500,000
A security of better than 2 for 1 is given
holders of preferred stock in this com
pany, whose great paper mill at Salem
is beginning operations with contracts
for all products it can manufacture.
8 Cumulative Preferred
Stock Price 100
Par Value of Shares $100
Oregon Pulp & Paper Co.
$600,000 Preferred, $900,000 Common
Dividends Payable Monthly
Paper making is highly profitable, and this
company is controlled by some of the west's
best known paper manufacturers.
I umbo
nnaiislfariisiCQ
Lumbermens Building
HT YARDS IS SMALL
OXLY SHEEP ARE RECEIVED
AT XOKTH PORTIiAXD.
90.06
86.40
85.54
86.70! D H O con 4s 65
85.761 N Y O deb 6s.. 91
88.881 N P 4s 76
86.00 do 3s 54V-
9.56:Pac TAT 5s.. 81
50 Pa con 4s... 89
U S Lib 3. .
do 1st 4s. . . .
do 2d 4s. . . .
do 1st 4s. .
do 2d 4s. .
do 3d 4 Us. .
do 4th 4Ua.
Victory 3s...
do 4s
U S 2s res lol'ilS P con 5s 100
do coupon .."l"l to. rtaliway &s 83
U S 4s reg. . . . l3 Vi. i V P 4s 80
do coupon.. "io u s Ht.el as... ui
Pan 3s rtg.... 77
do coupon.. i i "tsia.
Mining btorLs at Raaioa.
BOSTON, Septi 21. Closing quotations:
Hog Prices Unchanged, but Tone of
Market Is Easier Weakness
in Cattle Division.
There vas a light run of livestock, at
the North Portland yards and prices were
unchanged from Monday. The tone of
the hog market, however, was somewhat
easier, although additional sales were
mad. at $20. Cattle continued weak,
while sheep and lambs were steady.
Receipts were 1523 head of sheep.
The day a sales were as follows:
8 steers
2 steers
3 steers 973
1 steer. 1000
1 ste.r. 910
21 steers 811
2 steers 1015
21 steers 1118
30 steers 808
2 cows. 919
14 cows. 1055
27 cows.
27 cows.
6 cows.
3 cows.
4 cows.
25 cows.
1 bull. .
17 hogs.
2 hogs,
t log..
12 hogs.
6 hogs.
1 hog. .
5 hogs.
1 hog..
S hogs.
1 hog..
1 hog..
1 hog. .
7 hogs.
18 hogs.
1 hog..
5 hogs.
1 hog. .
3 hogs.
12 hogs.
2 hogs.
0 hogb.
1 hog. .
2 hogs,
t hog..
9 hogs.
Wt. Price
910 t 7.50
940 7.001
1005
912
710
973
877
850
680
194
170
150
190
175
280
310
130
143
410
110
140
182
212
280
188
220
256
210
265
106
410
160
140
17.1
5.50
7.i
7.50
7.501
7.
8.25i
7.50!
6.2
7.00,
B.25
5.50
6.00
5.40
5.0
1 hog..
2 hogs.
1 hog. .
2 hogs.
& hogs.
2 hogs.
1 hog..
3 hogs.
11 hogs.
H hogs.
2 hogs.
3 hogs.
4 hogs.
4 hogs.
4 hogs.
196 lambs
5.401132 Jambs
7.00!231 lambs
19.251248 lambs
19.75 93 Iambs
16.501 16 lambs
18.501 13 lambs
20.OOI196 Iambs
38-OOil 1'4 lambs
Wt. Price.
290 $18.00
50 19.00
lfsQflaBaSsaaBBflBaBBBsSBaKEES
19.00;
150
210
211
425
410
200
205
403
215
240
150
147
155
65
65
65
66
. 60
82
81
72
78
77
77
77
100
93
110
107
124
123
870
812
370
300
17.50
19.75
19.75
17.50
17.50
19.00
19.50
17.50
19.25
19.35
19.65
19.65
19.65
9.75
9.75
9.75
9.75
9.00
8.50
8.00
9.50
10.50
10.50
10.50
10.80
6.00
7.50
7.5J
5.75
5.75
5.T5
b 00
6.00
18.00
1 7.50
9.50
9.60
6.75
6 50
50
8.00
Allouese
Ariz Com . . . . .
Cal & Ariz
Cal & Ariz. . . .
Centennial
Cop R Con Co .
K Butte Cop M
Franklin J.
I Rovalle (cop) 27
Mohawk OO
Lake Copper . .
10 North Butte . ..
57 lold Dominion..
67 I Osceola .
10iQulmy
6
10
Superior
Sup & Bos Min
L'lah Con
Wolverine
t Green
3
16
25
38
47
4
3
7
13
Cananea. 27
Money, Kxchange, Etc.
NKW York. -Sept. 21. Prime mercantile
papor unchanged.
Exchange, irregular. sterling demand,
$3 48; cables, $3.49. Sterling weakened
furtt-er in the late dealings; demand.
$3.46; cables, $3.47 . Francs, demand
6.09. cables 6.71; Belgian francs, demand
7.32. cables 7.14; guilders, demand il.OO,
cables 31.12; lire, aemana cables i.iij;
marks, demand l.o7, cables 1.58: drachmas
9.34. New York exchange on Montreal, 10
per cent discount.
Time loans strong, uncnangea.
Call money, steady; high, 7 per cent;
low. 7 per ' cent: ruling rate, 7 per cent;
closing bid, 6 per cent; offered at 7 per
cent: last loan, 7 per cent.
Bar silver and Mexican dollars, un
changed.
LONDON, Sept. 21. Bar silver, 59d
per ounce. Money, unchanged. Discount
rates, short and three-months' bills, 6 11-10
per cent.
Swift Co. Stocks.
Closing prices of Swift A Co. stocks at
Chicago were reported by Overbeck &
Cooke Co. of Portland as follows:
Swift & Co 11"
Swift International 31
I.ibbv. McNeill & LlODy
National Leather 10',4
Leather Dividend Passed.
NEW YORK, Sept. 21 .Directors ef the
Central Leather company, at a meeting
here today, passed the usual quarterly divi
dend of 1 per cent on common stock "In
view of continued depression in the leatner
and shoe industry and the desirability of
conserving the cash resources of the com
pany.'
Metal Market.
NEW YORK, Sept. 21. Copper, Iron,
antimony, lead and sine unchanged.
Tin, easier; spot and nearby, 44.25c;
futures, 44.75c.
Cotton Market-
NEW YORK, Sept. 21. Spot cotton.
quiet. Middling, air.
7 lambs
20.no;224 lambs
19.751230 lambs
17.601 0 ewes.
15.501 11 yearl.
18.00 S yearl.
19.75j 4 mixed
19.251 7 mixed
17.501 S mixed
19.75i 1 cow.
19 75 12 steers
17.001 2 hogs.
19.001 1 hog. .
19.75 32 lambs
19.751 85 lambs 79
17 501 14 yearl. 126
20 001 40 weth. IIS
18.00 274 weth. 113
20 001 1 calf. . 370
Official quotations at the Portland Union
stockyards were as follows:
Cattle Price.
Choice grass steers... $ S.75te 9.50
Good to choice steers 7.75 fr) 8.7.
Medium to good steers 6.7.W 7.75
Fair to good steers 6.25JU 6.7.
Common to fair steers 5.75tfa 6.25
Choice cows and heifers 6.75i&i 7.50
Good to choice cows, hellers. . 5.75 6.7j
Fair to medium cows, heifers. 3.75&J 4.75
runners 2.75 3.75
Hulls 5.0o(ff 6.00
Choice dairy calves l3.O0-15.0O
prime light calves 11.50fre13.no
Medium light calves ll.Ooiifll.OO
Heavy calves T.0:ls 9.0:
Lieut feeders 5.500 6.50
Prfmf'mixed 19.50(3 20,00
Medium mixed 10. on til 19. r0
Hmonth heavy 1 7.50 w 18.00
Rough h-nvy 15 now 17.50
New offering
$10,000
1 to 10-year 7s
of the City of
Toppenish
at 100 to yield 7
Income Tax Exempt
Cash or Partial Payment Plan.
Ask for Circular 75.
fW -a'.lJ "III ILV
r",3(sjM
, .... L.
-v -x J t "c -
a. TV.1"-""" r-"W . . Ksjf ,"7"
5
Panorama of the City of Edmonton
Invest in the Securities of a Prosperous,
Growing Canadian City
We offer subject to prior sale and change in price
CI
TY
-$750,000 General Obligation 6 Gold Notes
of EDMONTON
ii se
Province of Alberta
snug
Free From All Dominion Government Tax
Dated September 1, 1920
MATURITIES AS FOLLOWS:
$250,000 Due Sept. 1, 1922; Price 94.62; Yield 9To
$250,000 Due Sept. 1, 1923; Price 92.2G; Yield 9
$250,000 Due Sept. 1, 1924; Price 90.11; Yield We
Denominations $100. $500 and $1000
Principal and semi-annual interest (March 1st
and September 1st) payable in Gold Coin of the
United States in Xew York and at the offices
of Morris Brothers, Inc.
-FINANCIAL STATEMENT-
Assessed valuation ....$86,605,715.00
Value municipal property (not Including jrublic utilities)... 11,035,376.00
Net debenture debt 9,448,997.00
Revenue from public utilities (above cost of operation)..... 77,773.0O
Net local improvement debt - 3,046,763.00
In addition to being General Obligation Notes, these are secured
by long-time debentures totaling $2,594,420.00.
Wealth Untold Secures
. This Issue
The city of Edmonton is one of the most
progressive and prosperous in all western Canada
Its future Is- written In the historical progress of
its past. There, in the center of 27.200 acres of fer
tile country, this city of 60,000 people has eprunj?
up, midway -between and connected by three trans
continental lines to Winnipeg; on the east and to
Prince Rupert and Vancouver on the west.
It is the feeder of supplies for an empire vast
and resourceful. Oat erf its preat warehouses po
the foodstuffs, implements, furnishings and other
materials for much of the new northwest. Into
it pours the livestock and agricultural products of
the great district surrounding.
Kdmonton. too. is rich in diversified Industries,
includir.fr meat packlnp establishments, flour mills,
creameries, shoe factories elevators, brick works,
car repairing shops, as well as the freneral shops
of the Kdmonton, Dunvegran & Kritish Columbia
railway. Rich deposits of coal surrounding Kd
monton not only supplies cheap power fuel for
manufacturing but the payroll of this Industry
helps swell the general prosperity of Edmonton.
Legality to Be Approved by Malone, Malone & Long, Toronto, Canada
Maim 646
KMrrMwcrrcRM mnk bid.
Pips
heep
Prime lamba
Cull lamba .'.
YearllnKS ....
Wether
Kw
14.501S.00
9-HO4M0.no
O.OOifc 8.50
.50D 7. SO
6.0o& o.ro
0.00
. German Cities Bonds
Are Actively Traded In on the
N. Y. Curb Market
We are specialists in these is
sues and- particularly recom
mend the purchase of
Berlin 4 Bremen 4
Hamburg 4Vi
These cities represent the mo?t im
portant Industrial and shipping cen
ters of Germany and have the great
est tteeurity back of theaa bonds.
At prent pricn. profit a
hi ta a 14MH"n aro poHMihlr.
ex?tit oron for cah or
n conirvativ marpJi. Writ
for circular
New York Stocks Are
Paying 8 to 10
Our Weekly Market Letter
gives a careful analysis of
these high-class, listed securi
ties. Every investor should
have this. Mailed FREE by
asking for PS-20.
,HENRI & BERNHARD
WOLF & CO., Inc.
BTOC'KS, BONDS AND FOREIGN
EXCHANUM.
280 Madison Ave,, New York
Chicago a.lveittock Market.
l1i!?nCAa0; 8ept- 21 Cattle Receipts.
15.0K0, openlne veiy slow, few sales choice
steers mid yearling about steady; early
, .PV!.: otner h"'"- M0.50&17.75; Jew
ish holidays next llonjHy and Tuesday re
stricting Hhlpping demand; grassy ateera.
! V Vn -X. I",r,""!e' weak; few cattle sailing
i..V. 3,14; bare'y steady; cam. em. ti.-ji
. " .b"loffna ull. 7; beat veal
calves 1718; steady: cow. and heifers
ytry draegy; receipts westerns, 6000: mar
ket weak.
,H!"";RV"pt"' 1800: uneven; mostly
ISO to 5o lower than yeaterday's averng-
V-P-,8: bulk "Bht and butchers. $17W
1.U0; bulk packing sows, $l.1510 5o-
S!5 to :Sc- l'r; bulk de.ir.bl.
kinds, 1.5017.
Phi-op Receipts, 27.0OO; slow to CIV-
MORRIS BROTHERS, Inc.
Established
Over
Quarter
Century
"The Premier Municipal Bond House
Portland, Or.
Morris Building
309-11 Stark Street
Merchants National Bank Bldg., San Francisco, CaL
Seattle, Wash.,
No. 3 Central Bldg.
Capital
Over
Million
Dollars
-TELEPHONE OR TELEGRAPH ORDERS AT OUR EIPEXSE.
lower; top native lambs. 113.50; few early
sales above 12.75: choice Nevadas held at
$14; bids lower; good heavy ewea sold
Sc. 50; good feeder lambs. S13.25.
Omaha Livestock Market.
OMAHA. Sept. 21. HogsReoeipts 4000;
unevenly 10c to 25c lower: bulk medium
and llsht butchers, S 10.75& 17.25; top.
$17.85; bulk, strong weight and packing
grades. ;i.254ll.50.
Cattle Receipts, 10,000. fed steers
steady: top. $17; grass steers and butcher
stock steady to weak; veals, steady; Block
ers and feeders mostly steady.
Sheep Receipts 30, ww; market on fat
Inmbs fairly active, weak to 25c lower; best
early sale range lambs, $18.50; bulk. $12.73
1113.25; beat wethers, 7.50; feeding lambs
mostly 25c lower; top. $13.15.
Kansas City Livestock Market.
KANSAS CITY, Bept. 21. Cattle. 2S.
000; corn fed steers steady, most others
tully 25c lower; trade dull; she stock
steady tt weak; quality common; feeders
steady to 2.Vc lower; canners and other
mostly steady: prime slcers. SI"?? 17.."P;
Evening Commerce Courses
Leading to B. C. S. Decree.
Opening Week of September 27
i
Register Now.
Acroontins; Principles
Complete Accountancy Course
Corporation Accounting
RuMlneu Law
BuvlneHN Finance
Income Tu Procedure
Credit and Collections
Salettmannhip
HuntncMM CorreMpondence
Public Speaking
Coat Areonntlnar
Specialized Accounting?
Mr
Claris, clean, will he in his office for careful Interview Monday.
Tuesday and Thursday evenings and by appointment.
For free 36-pape catalogue describing courses, subjects, require
ments for Oregon C. .P. A- examination, etc., call or addrers
IMv. C, Oregron Institute of Technology. Y. M. C. A. Bide.
(Phone Msln 6700.)
Taking. "Shortcut"
Investments
Strange as it may seem, many a, man's financial
progress is beyond criticism up to a certain point.
Then he goes wrong. He tries a short cut with
the money so patiently and successfully accumu
lated for investment. Disaster follows.
Today there is no excuse for taking a disastrous
course.
Today, with the earning power of money greatly
increased, sure gains can be made over investment
ground. We know it. Our careful surveys are at
your disposal without obligation.
Blyth, Witter. & Co.
UNITED STATES GCVERKMEJTT MUNICIPAL AND CORPORATION BONDS
Main 8183 402 Yeon Building:
Aek us today fior List M-22.
yearling- heifers. 915; choics vealer, $15
6hep, 13,000; sheep slow, mostly tewdy;
most western ewes, $0.115r 5.0. ; fat Inmbs
steady to 25c lower ; top westerns, 113.50;
natives. $12. i0; feeding' lambs slow, top
$13.2o.
Seattle Livestock Market.
SEATTLE, Sept. 21. Hojc Receipts,
none; steady; prime, $19.7&r i!0.5; ijie
dium to choice. $18.75 73; smooth
heavies, $17.75fijlS.2'.'i; roujfh heaviej, $15.7
tjt 31.25; pigs, SlStplS.
Cattle Receipts, !fl0; weak; prime
steers. J9.50lO; medium to choice, $39;
common fo" sood. $tffi 7. rf; "best cows and
heifers. $7.2A$t 7.75 ; medium to choice, $0
(7; common to good, $4.54& ti; builau $44P
5: rnlvs, JTft'l.l,
New York Sugar Market.
NEW YORK. Sept. 21. Raw sugar,
steady; centrlfua.1, 10.78c; refined, unset
tled: fine granulated. 14.50c.
Invented fn F n r c I jr n
.Money under our now
plan make possible
Profits $1000 toS20.0C0!
; aena iu cents stumps at once Tor our
new loo-page oooKiet, with run particulars-
We are specialists in Korpitrr.
Exchange, and maintain branch offices
in many large cities.
(.KO. If. PEKRINS CO.
r0 Rroacl Street. New- York
iMiiuiuiMiHiinirniimHitw
WE OWN AND OFFER OUR PARTICIPATION IN
$675,000.00
Seattle School District No. 1,
6 GENERAL OBLIGATION GOLD BONDS
Dated Oct. 1, 1920. Due Serially April and Oct. 1, 1923-1960.
FINANCIAL STATEMENT
Assessed Value $243,738. 304.00
Total bonded dbt, includini? this issue 7.944,000.00
Less sinking fund and uncollected taxes 1. 51,996.98
Net debt $ 6,352,003.02
Prices to Net From 5.60 to 6 74 According to Maturities.
Offered subject
to legal opinion
attorney -a t-law,
of Honorable John C. Thomson,
New York City
Qarstens & "fcarles, Jncorporated
Est. 1891.
I Government, Municipal & Corporation Bonds. I
I 'Third Floor U. S. Bank Bldg. Phone Broadway 4108
-.iiiiiHniitiHitiiiiHiniMtunimniiiujnii
fmimtummiwfiiia
Surety for Long Service
on a Small Investment
SURETY BRAND ia a moderate priced, smooth
surfaced Carey Roofing made in light, medium
and heavy weights and finished with talc
It is very popular for barns, garages, factories, ware
houses and all sorts of farm buildings.
' Like all Carey Roll Roofings, it is made of genuine As
phalt refined and tempered by special processes which
are the result of 47 years of practical experience in
roof making.
There is a SURETY of satisfaction when you buy a
roofing that has been on the market for so long a time,
and has served so many others in your community
so welL
Headquarter or btxtlding and insulating prodactm of
ASPHALT ASBESTOS MAGNESIA
A Roof for Enry Building"
PACIFIC ASBESTOS &
SUPPLY COMPANY
DISTRIBUTORS
67 Md 69 First Street. PORTLAND, ORE: