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About Morning Oregonian. (Portland, Or.) 1861-1937 | View This Issue
THE MORNING OREGONIAX, FRIDAY, OCTOBER 1 1020
BULK OF APPLE CROP
Dealers This Year.
MONEY NOTEASYTO OBTAIN
About 2 0 00 Cars Disposed of by
Growers, Motl.v to Kujcrs
Who Have Actual Orders.
Th apple buying season in the Pacific
northwest is late. At this tiinn lat year
the niarKet was well advanced and a larj-c
proportion of the crop had passed from
growers hands, principally to dealers on a
canh ba Credi is were easy then and
money could be borrowed to finance tho
This year the . situation is entirely dif
ferent. No purrhasofl were made during
the early part of the season. Restricted
credits, last years Josses and reports of a
iarve eastern crop all tend.d to make
buyers cautious and completely eliminated
Now, as the picking stH.'on approaches,
more f. o. b. sales are beinc made, but
generally these are confined to dealers
who have actual orders from handlers in
consuming markets. From reports of sales
received by the Spokane office of the
bureau of markets and an estimate ob
tained by personal investigation, from l.ViO
to -000 cars have been actually sold on an
f . o. b. basis. Shi ppinj? organizations
handling apples for the growers' accounts
have under contract a fairly large pro
portion of the crop, but it is safe to as
sume that approximately three-fourths of
the production is still in growers' hands.
Generally speaking, growers seem unwilling
to sell at the prices being offered.
Recently growers throughout the north
west sold their crops at $2.75 for Delicious,
to J-..10 for Newtown and Spitzen
bcrgs. for Wlnesnps. $2 to $J.I0 for
S layman s. Homes and White Winter Pear
mains, and $2.10 for Jonathans. These
prices represent the extra fancy grade,
generally medium sizes. The two lower
grades, fancy and C grade, were sold, re
spectively, at 25 and 50 cents less than the
-extra t'ancys. .
F, o. b. sales to dat for future delivery
have ranged $2.13 to $2."0 for extra fancy
Jonathans, with most sales at $2.25 to
$2.35; extra fancy Delicious. $2.75 to $3,
mostly Grimes, $2.25 to $2.00; New-
towns. $2.15 to $2.25. Few sales of Wine
saps have been made, but reports so far
Indicate a range of $2.25 to $2.50 for
extra fancy. The uual 25 cents- differen
tial prevail for the two lower grades.
Total shipments from the fotir north
western states will be somewhat less than
Ia.it year. , Shipments from the Hood
River and White Salmon districts are esti
mated at approximately 00 per cent of
last year, while the- Rogue River valley
will not have more than- 40 per cent of
what was shipped last season. The Walla
Walla section has an excellent crop of De
licious, but a total yield of only about 50
The Wenatchee valley crop is estimated
at about 0000 cars. A late frmze and
shortage of water have combined to re
duce the yield. Because of the water short
age there w ill be a comparatively large
proportion of smaller sizes, but the fruit
la well colored and comparatively free
from disease or insect injury. The pro
portion of the various varieties Is approxi
mately the same as last year. In the
Yakima valley, while the total yield is
somewhat less .than last season, the ab
sence of worms and scale and the good
yield of Wincsaps will tend to increase the
proportion of shipments, and it is possible
that the total number of cars will not be
materially less than last year. Idaho and
Montana have good yields.
WHEAT MARKET HAS SHARP DROP
Bid Are Reduced 4 to 10 Cent on Ixcal
The big break In the eastern wheat mar
ket was reflected in the northwest by a
sharp decline In bids. The result was a
tightening up in the country districts and
a practical stopping of all business. There
wre no sales on the local board, but at
lh Seattle exchange 55.000 bushels of club
changed hands at $2.24 and $.25, a de
cline of 8 to 9 cents from Wednesday s
price. Club bids at the exchange here
were reduced 0 cents. Other declines were
10 cents on hard white, 8 cents on Wft
white, 4 certs on hard winter and 5 cents
on northern spring and red- Walla.
Oats were S0cH$..50 lower and brewing
barley was down 50 cents. Keed barley
and corn bills were unchanged.
; nod man estimates the corn crop at
8,213.000,000 Lushels and the oats crop at
1.520,or0 biiFhels. Weather conditions in
the middle west, as wired from Chicago:
'Killing frol reported at Valentine, Neb
-North Platte and Sioux City. Generally
clear, frost in Iowa and parts of Indiana
and at Omaha. Rain in Chicago and
Milwaukee. Forecast: Heavy frost pre
dicted for greater portion of grain belt."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wheat Barley Fir. Oats Hav
Portland Thursday 7tt V
car ago 35 ...
Season to date. . .4 47
Year ago 2i':t 15
Taroma Wed 54 ...
Yea r ayo L'ft ...
Season to date... 1121 25
Year ago IHit 0i
Seattle Wed 4rt ...
Year ago 7 1 5 1 fi
Sanson to date ...11(14 R( 03 l8 .r.
Year ago .1033 10H V.0 lsj 402
ENGLISH BREAOSTl'F F$ STOCK LA ROE
Canadian Offers vArc Lower Argentine
Conditions Are V nchangrd.
Stocks of wheat and flour in the United
Kingdom are large and merchants are not
buying heavily of foreign sorts, cabled
P.roomhall yesterday. Canadian offers are
lower and picked up in small lots. Argen
tine new crop conditions remain unchanged,
with the weather again f ijie throughout
the central and southern provinces, where
the bulk of wheat is almost in the milk
at age. With two or three months until
harvest, it is imponwible to estimate the
likely yield per acre, but some reliable
experts are looking for a decrease com
pared with last year. A later report says
the wheat crop haa greatly improved in
some nouthern sections.
India will export a little over 15,000.000
bur-hela of wheat this season, beginning
The government wheat purchasing com-mtst-ton
at Brussels, Belgium, has fixed a
minimum purchasing prire for native
cereals to be effective up to January 15,
.1021, according to the American consulate
there. The established prices are as fol
lows: Wheat, $ 1.00 per bushel; mas-lin,
$0.2U per pound; rye, $1.38 per bushel;
spelt, $0.02 per bushel. The above prices
a re based on rate of exchange prevailing
on September I.
MARKET FOB FI.OI R IV SWEDKN
Government Monopoly lKolveI and Prices
No Longer Regulated.
A good opportunity exists for introducing
America n flour and cereals, especially
wheat, into Sweden. according to the
American consul-general at, Stockholm.
The flour monopoly in Sweden was dis
solved on August 31. leaving commerce in
flour and cereals entire I y free and wi th
ou t regulations governing prices.
There is also a good market for Ameri
can flour in Brazil, according i a report
of the American conaui at Bahia, Brazil,
dated August 11. 1120. During the first fri
months of the current year, 1'J.212 bags of
flour were imported. 502i bags coming
from the United Slates. These bags each
contain 07 pounds of flour. The require
ments for the conring six months will
amount to about 100.000 bags. The present
retail price of flour In Bahia Is between
$10 and $10.50 per bag IT. S. currency).
TOP .RAIK Bt TTKIt HKIAJA W KIA
Supply la Not lirgc and Price Are on
The bu Iter market was steady and un- 1
changed. The bet grade of cubes was I
scarce and In demand, but there was not
much interest in lower grades. Print
trading was fairly active.
The egg: market was firm and receipts
were ma il. Quota! ions arc gradually be
ing raised and -but Tor the downward
tn nd of many other food commodities
the market would doubtless have a sharp
The slacken In? of demand is ve ry evi
dent in the poultry and dressed meat lines.
H eavy hen a sold lower at Jttgi&c and
light hens at IS 20c. -Semi -de-moralized
condjt ions til I prevail in the veal and
Hank clearing oT the northwestern cities
yesterday were a follows;
t:ie;i rings. Balances.
Port ;and $5.4:5,44 0 $ 1 . 1 L's.2 Ifl
Seattle ,5tS4.4U7 1 ,772. MMl
Tacoma 075. 5i lo,4-V
ripiK;uie 2,20.42:1 MM.004
Total Portland bank clearings tn ciep-
tetn ber of th is and former years were :
1 ; i it
I ! 1 S
ion; 1 ! 1 1 .
1 ! 1 II
. . . .1S. 34(1.401
. . . . 5h,!i:t.j.l'37
.-.1. ll-l. 344
. . . . 4l.ltsu.573
. . . . 34.307.W7
I'ORTLAM) LlKKbT QUOTATIONS
Grain. Flour, I-Ved. Etc
Merchants' Excban.'e, noon seualon..
Sou whUe .
Northern spring ....... ....
No. 2 white
No. 2 gray
Stanuar J feed
No. 3 i. yellow, ship. . .51.50
No. 3 yellow, delivery
9.00 48. OO
KLuUK Family patents, 12.ttO; baker's
hard wheal. $12.25; baker's bluestem, $12;
valley. $lo,50; whole wheat, $10 80; gra
Ml LLI'EKD Prices f. o. b. mill: Mill
run, $57 per ton ; roiled barley, $58 g 61 ;
rolled oats. $50; scratch fted, $7S&7U per
CORN Whole. $67 C8; cracked. $70
71 per ton.
HA V Buying price, f. o. b. Portland:
Alfalfa. $23-24, cheat, $2122; clover,
$22; valley timothy, new, $27(28.
Iairy and Country Produce.
BUTTER Cubes, extras, 50 rg 00c per
pound ; prin ts, parchment wrapped, in box
lots. 03c per pound ; cartons. 4c ; half
more; butterfat. No. 1, r.Wffi tiuc per pound
at stations; 04c Portland delivery.
KciGri Buying price, case count, 63c;
jobbing prices to retailers; candled. 05gi
liOc ; selects, 70c.
CHE Tillamook, f. o. b. Tillamook:
Triplets. ;Ic; young America. 32c.
POL'LTRY-len.s, lS(a2Sc; springs, 2S
30c ; ducks, 25 fu 32c; geese, no-mi nal ; tur
PORK Fancy, 20c per pound.
VEAL Fancy, 20c per pound.
Fruits and Vegetables.
FRUITS Oranges, $8.25 0.25; lemons.
$5 5.50 per box; grapefruit,- Z per
box ; ban a nas. 12 g' 13 Vjc per pound ; ap
ples, $1,601(1.3.75 per box; cantaloupes. $2.75
per crate; watermelon. ltX2c per
pound; peaches, $1.502.40 per box; ca-
sahas, 2 -i y 3 '-j c per pound; grapes, $2.50
h'3 per crate, 104rl5c per pound. 35c per
basket; pears, $2.50& 3 per box ; prunes.
355e per pound; huckleberries, 2022c per
pound ; cranberries, $5.75 fa t per box.
V KtlETA B LBS Cabbage, 2 & 2 a per
pound; lettuce, $2W2.50 per crate; cucum
bers, -50 ftp 75c per dozen ; carrots, $2.5u per
sack; horseradish, 25c per pound ; garlic,
30c ; tomatoes, 40cfl7! $1 per box; beets, $3
per sack; turnips. $3.50 per sack; eggplant,
0 ,fi 1 2 c per pound; green corn, 25 40c
per dozen; sprouts, 15c pound,
POTATOF.S Oregon, $2.50(& 2.75 per 100
pounds; Yakima. $2.75ftj3'. sweet potatoes,
GO'-l-o per pound.
ONIONS California brown, $2 ftl 2.25 per
sack; pickling, S'frlOc per pound.
Local .lobbing quotations:
SI.' OA R Sack basis: Cane, granulated.
15. 30c per pound.
HONEY New, 7.50fTS per case.
N UTS Walnuts, 22gr38c; Brazil nuts,
35c; filberts, 30 fa 35c; almonds, 35c; pea
nuts, 1 4 ftj 1 5 ',-jc ; cocoanuts, $1.75 per dozen.
RICK Blue Rose, 1 4 c per pound.
BEANS Small white, 7 He; large white,
7 ?5c; pin k, 8 He: lima. 12 c per pound ;
bayous, llic; Mexican reds, 10&c per
COFFEE Roasted, In drums, 25ftJ40-
Hides and Pelts.
HIDES Salt hides, all weights. 11c per
pound ; green hides all weigh ts. 0c: green
or sa It aif, under 15 pounds, 1 7 2t5c;
green or salt kip. 15 to 30 pounds, 15c; salt
bulls. fc ; green bul Is, 7c ; dry hides. 2jjc;
dry salt hides, 15c: dry calf, under 7
pounds, 25c; salt horse hides, large, $4
each ; medium, $3; small, $2.
PELTS Dry long fine wool pelts. J2He
per pound ; d ry long medium wool pelts.
10c per pound; dry coarse long wool pelts.
He per pound, salted short wool pelts, 45c
to 55c each; baited lamb pelts. 50u to 05c
Local .lobhing quotations:
HAMS All sizes, 42 (& 40c; -skinned, 41
40c; picnics. 25c; cottage roll. 35c.
LARD Tierce basio, 23c; shortening,
20c pr pound.
DRY SALT Short, clear backs, 25 27
per pound : plates, 24c.
BACON Fancy, 4titf5Sc; standard, 32 &
42c per pound.
Wool, CuHcara, Ktc.
MOHAIR Long Staple. 2 5c per ppucd;
short sta p'.e, 15c per pound.
TALLOW No. 1, &c per pound; No. 2,
5c per pound. .
CASCARA BARK Per pound, gross
weights, old peel, UVic; new peel, SVsc per
WOOL All grades nominal.
HOPis Oregon. 1920 crop. 45c per pound
i'i.st-i''L kaw. narre s. si H4:
drums, SI. 01; cases. $1.00. Boiled, barrels,'
i , uiuiii.-, ? i . cases, i . i i.
TTJ RfEXTI N E Ta n k s. $1.96; cases,
FUEL OIL Bulk, $2 10 per barrel.
COAl. OH- Tank wagons and iron bar
rels. t7c; cases. S0:7c.
FUKL. Oil. Bulk, $2.35 per barrel.
GASOLINE Tank wagons and Iron bar
rels. 2ic, cases, 41 lie.
SAVANNAH. Ga.. Sept. 30. Turpentine,
steady, $ 1 .2 t rq. 1 .30 ; sales, 0U7 barrels; re
ceipts, 057 barrel ; sh ipments, 2J4 bar
rels; Mock, 15,754 barrels.
Rosin, firm;- sales, 007 barrel's: receipts,
102 barrels; shipments., 511 barrWs; stock,
5:1.624 barrels. Quote: B, $11. 30; D, E.
F. H, I. K, M, $11.40; N, WG, W W-,
$11.42 ', .
WHEAT HELD IN STORAGE
Washington Association Wails for
FloKer 1 rices Before Selling.
SPOKANE. Wash., Sept. 30. (Spe
cial.) The Washington Wheat Grow
ers h ssociat ion Lis approximately
J l.o. 000 bushels of wheat in eastern
Washington and Idaho warehouses
waiting for a favorable wheat maruet
price before selling, accordinpr to in
formation Riven out by Georpre C.
Jewett. newly chosen president of the
"The present market price of wheat
.ranges from $1.24 to $1.65," said Mr.
Jewett today. "We hope for ISetter
prices before selling."
Mr. Jewett declared .that the farm
ers are joining the association in
Urge numbers, the total number of
bushels of this year's crop sisrned up
for sale through the new organization
being about 2.&00.000 bushels at the
PACIFIC RAILS HIGHER
UTIMTIKM AI,SO . STTlO.XtJ
NEW VOIJK MMtKET.
Industrial Shurc Ix.U'inl Their
Previous j-iowes -VlotHl Com-
modi l) Prior Weak? ning.
NEW YORK. Sppt. :;n. In Its essential
characteristics today's stock market trav
ersed the ground made familiar by the
last fortnight. Industrials extended their
h-sses, wh Me rails and utilities were rela
Further downward price revision and
curtailment of operations were noted in
several important lines, especially the auto
mobile industry, and advices from steel
Ct liters strengthened the Impression of im
pending price concessions by independent
manufacturers. Selling agents of tne lead
ing cepper companies were reported to be
c fferii.g -the refined product at a fraction
unriet recent prices and other base metals
were quotably lower.
Eq utpment shares eased w ith steels,
despite belief that the transportation com
panies are com p biting plains for purchases
of large quantities of materials in the
final quarter of the year and oils were
les; resilient than usual.
The only noteworthy feature was an
-arly drive against the shorts in ruetble
Steel, which carried that stock Si points
to 135. the net gain, however, being only
Kails made their highest quota t ions In
the last- hour on a brisk inquiry for sea
soned issues of the Pacific and granger
di visions at net ad van-es of 1 to about
2 pf-ints. wh ile secondary rails also hard
ened materially and specialties sustained
Sales were i25.000 shares.
Call money opened at- 7 per cent, rose
to 8 in the early afternoon and closed at
i. the maximum rate of the past few
Foreign exchringe. especially London and
Paris rates, continued to react.
Cf-n vertible railway bonds were active
and strong. liberties were irregular and
foreign Issues featureless. Total sales, par
vi.iue. $l!i.000.00. Old United States bonds
were unchanged on call.
CLOSING STOCK QUOTATIONS.
Am Beet Sucar 1.O00
American Can I.oimi
Am far &. h'tlv S(H
Am H A L. Vfd 2.4IHI
Am Inter 'orp l.!i0
Amer Loco... 1.4(M
m Smt & Rfg 2. 4i)
Am SiiRar.... 4,soo
Am Sum Tob 400
Am Tei & Tel two
Amer Woolen .4m
Am Z L & s. . 1110
Anaconda Cop 3.2041
Atl Ac W In
Italtl & Jjoro.. 21.40K
Halt & Ohio.. 10.(500
Hethie Steel B 14,2110
Rut A- Sup ("op 2MO
Cal Petroleum Slid
Can Pacific.. II.400
CVn l.eathf-r.. fi.Ttm
Chandler Mtrs 2. son
Chea Ohio. . 3,000
Chi Mil & St P l.-.i;im
Chi & North.. 3. loo
Chi R 1 & Pac 17.2011
Chir.o Copper 200
Corn Products 4.2O0
Crucible Steel 8. sou
Cuba Cane Suit l.Titlo
50 ' .'.
1 I ! -4
1 2 S i.
I ! "4
3 07 -Si
3 3 V4
71 17 74
C.en Klectrfc. . 3U0
Oeneral Motors 40.OUO
irt -North Pfd 4. SOU
Crt N Ore ctfs boo
1 llinoiB Cen ... 1 .900
Inspll Copper. l.iioo
Int M Ma Pfd 2.3HO
Interna Nickel 2.SUO
Interna Paper 2.000
a K11 C:y South 2.4UO
Ken T'opper. . 4.200
Louis A Nash 200
Mex Petroleum 29,ro0
Miami c'opper 400
Hid states OH 9.0(H)
Mtdvale Steel. ' 3, 000
Missouri Pac. 6.3O0
Montana P01 l.iHM)
Nevada Copper " 200
X Y Central.. 12.30
N Y N H & H 7.7UO
Nor & West 3410
North Pacific 5.100
Ok Prd & ntg 2.400
Pacific Mail.. loo
Pan-Am Petrol 21 .00O
Pitts & W Va S.400
Ray Con Cop 300
Rp Ir & Steel 7.30H
Royal D X Y 3,000
Shar Az Cop. 10o
Shell. Tr Vfe Td TOO
Sin O Rfg. . 13.7(10
South Pac... 13.KOO
Southern Ry. . 16,rtOO
S Oil N J 3110
Stude Corp. . . . 1fi.3(M
Texas Co 25,0(10
1 1 M
1 1 2
1 00 vi
I Tex & Pacific 4.600
Tobacco Prdts 1.0OO
Trancon Oil . . 2.00
L'tiion Pacific 3. 400
V H Kd Prdts. 5.2O0
U S Ind Alco 1.2O0
U S Rubber.. 0.1OO
IJ S Rtl Stores 4.ROO
V S Steel .... 31.20O
V R Steel Pfd 7"0
I tah Copper., l.fioo
West t'nlon. . 200
West Electric l.loo
U S T.ib 3'-s. . .fM.inlAnplo-Fr 5f
do 1st 4s 87..TOIA T & T cv 6s
do 2d 4s . . . . S 1 . 1 0i A tch (ten 4s ... 77
do 1st 4 'is. . .8S .00 D 4- R 5 con 4s K7
do 2l 4'.s ....87.20 N Y C deb 6s.. H2
do 3d 4 Vis. . .88.50 N P 4s 77
do 4th 4 '. s. ..X7.02 .V P 3s 37
Victory 3is . . ."5.7(i'Pac T & T 5s
do 4s (i:..7SPa con 4Vi..
U S 2s roc. . . . I01 V4 IS P cv 5s
do courton ..'101 V. 1S0 Rv 5s....
U S 4s red 10.--1, u p 4s
do coupon .."lof-!i'U S Steel 5s..
Pan 3s leg ....77 I
do coupon . ,.77 ; B1d.
Mining Stocks at Boston.
BOSTON', Sept. 30. Closing quotations:
23 (North Butte . . .
9 Hld Dom 23
276 IQulncy 45
9 (Superior 4 J4
34VjiSup & Boston.. 3'
9 M Shannon 1 i
2V2'1'tah Con 6V
26 'i Winona 35
3 (Wolverine 13
57 H ICreene Can .... 28
Calu & Ariz . .
Calu & Hecla.
Centeftnlal . . .
Cop Range . . .
Kast Butte . .
Franklin . . - - -Itde
Royalte . .
I,ake Copper. .
Forrign Exchange Rates.
Foreign exchange quotations furnished
by Northwestern National bank, of Port
Austria, kronen ,
Belgium, franc ,
Bulgaria, leva ,
Prnmark, kroner . ,
Knvland, pounds sterling ,
.0 1 5fl
Germany, marks . . .
Orcece. drachmas . .
Holland, guilders . .
Hungary, kronen ..
I Italy, lire
J ugo-SIa via, kronen
I 'vr.1....P i -
China Hongkong, local currency
China Shanghai, taels
NBW YORK. Sept. 30. Bxchange easy.
Sterling, demand, $3.40 i; cables. 3. 47 ;
francs, demand, 0.OO; cables. 6.02; Belgian
francs, demand. 7.00; cbls. 7.02; guilders,
demand. 31.10; cables, 31.20; lire, demand,
4.13: cables, 4.14; marks, demand. 1.50:
cables, l.OO; Greece, demand, " 10.23; New
York exchange on Montreal. 8 per cent
Money, Silver, Ktc.
NEW YORK. Sept: 30. Prime mercan
tile paper unchanged.
Time loans, firm, unchanged.
Call money, strong; high 9 per rent;
low. 7 per cent; ruling rate 7 per cent;
ci '.?! ng Pia. a per cent: offered at 9 per
cent: last loan, 7 per cent.
Bar silver Domestic, unchanged ; for
Mexican dollars unchanged.
LONDON. Sept. 30. Bar silver. 50,d
per ounce. Money and discount unchanged.
Stock Kxelmnge Due Raised.
NEW YORK. Sept. ."0. Members pf the
New York stock exchange have approved
an amendment to the constitution increas
ing dues from $300 to $1000 a year, it
was announced today.
Swift A Co. Stocks.
Closing prices of Swift & Co. stocks at
Chicago were reported by Overbeck
Cooke Co. of Portland as follows:
Swift & Co to
Swift In t ernational 30
l.lbby. McNeil A Libby 12
National Leather 10
Coffee Futures Quiet.
NEW YORK, Sept. 30. The market foT
coffoe futures was rery quiet today and
prices fluctuated, within a. range of four
to five points. TSie opening was four
; points lower on November, but generally
: unchanged to one point higher and after
: selling at 7 5c. December rallied to 7.70c.
1 while May fluctuated between 8.33c and
X.400. The close was net three points
higher to four points lower. October,
7.22c; December, 77c; January. 7.8 lc;
March, s.lftc; May. 8.34c; July, 8.54c.
! Spot coffee, nominal, unchanged; Rio
'7s. 7 rSc; .Santos 4s, 12 $f 13- c.
NEW YOR K, Sept. 30. Copper, weak :
electroly tic, spot and jiearby, 18-& lWi c.
Iron, steady, unchanged.
Tin. easy; spot and nearby, 43V; rufurcs.
Lead. wfak; wpot, 7.uOfi 7.75c.
Zinc, easy; East SL Loui spot, 7 50
NEW YORK, Pept. 3o.The American
Smeltin g & Refining company today re-
dmed the price of lead from 8 to 7;
cents a pound.
HIE HALF- L
AXOTHKR.50-CKXT DEtLIXK AT
Top iratle Is Quott-d at $16.50
Kcocipts Tor Day Small Cat
tle and Sheep Steady.
There was only a small run of hogs at
the stockyards yesterday, but the market
was very weak, in sympathy with declines
tn eastern hog markets. While a top of
$10 5o was cjuoted, a decline of 50 cents
from Wednesday's level, no sales were
reported during the day at over $ 16.25.
In other respects the market was steady.
There was little doing In cattle, but sheep
and lambs were fairly active.
Receipts were 70 cattle, 3'i calves, 167
hogs and 33 sheep. The day's sales were
Wt. Price I Wt. Price.
2steern. 1055 7.50 2calves... 130 12.75
(1 steers. 071 H.nu'12 hogs. . . . 105 10.00
3teers. HS3 . 7.50' 4 hogs.... 275 J 14. 25
4 steers. 1212 7 75 03 hogs . . . . 1S1 10.25
3 steers. 1070 S.0O N hogs. . . . 228 10.i)t
2-eow.. JM5 B.5o12 hog. 1 ." ! 10. oil
2 cows.. 1MMI 4.0(i 4 hogs.... 145 14.25
Itow... 94o . 5.0012 hogs. .. . 100 ltt.25
Icow... S70 4.001 4 hogs 182 JU.O0
16 cows. . Ku7 .50 l hog. . . . 2oo 15 50
4 cows.. no7 0.501 1 hon 210 15.50
lcow... 750 5.50! Hhogw.... 203 15. 0H
lcow... 1270 4.50 a hogs . 250 14.5
2 cows. . Ono 5.50' 3 hogs. ... 173 Hi 25
1 cow. . . 100 4.UO 15 hogs. . . . ISO 1,25
50 lambs. 74 i.00 2 hogs 155 15 25
7 lambs. 7 7 O0 5 h-gs. . . J 50 1O.0O
12 lamhK. S3 9.O0 2 hogs.... 280 15.50
7 lambs. 01 7.5o' lo hogs . . . . l!ft 16. OO
12 lambs. Mfl 8.00; 5 hogs. . . . 146 10. 00
235 Jambs 71 H.501 5 hogs. .. . 1 M4 15..iO
243 lambs M 8.25! 1 hog.... 370 13. 00
21 lambs T4 8.251171 wethers f2 6.25
1 calf . ... 100 W.OO! 122 wethers .0 6.25
lcalf... 320 8.50' 4 ewes.... 122 5.50
lcaJf..." 150 15.00! 4yearl.... 125 6.00
The following are livestock quotations
at the Portland L'nton stockyards
Choice grass steers
Good to chjice steers...
. .$ ft OO'dtlO 00
. . 7.75'fl 9.00
. . 6.75W 7.75
0.25 'ft 6.75
Medium to good steers
Kair to good steers
Common to fair steers
Choice cows and heifers
Good to choice cows heifers.
Fair to medium cows, heifers
Choice dairy calves
Prime light calves
Allium light calves
Heavy calves . .
6.7T. tit 7.50
5.75 6 75
2.75-fiii S. 7-i
. . 13.00& 15.O0
31. 50 Apia. 00
. . 9.O0 ro 11.00
. . 7.00 ra, 9.00
. . 16.ontrlA.no
. . 15.50I& 1B.OO
.. 15.noff 16.00
. . 12.00 14.50
. . 12.00 'g. 14.75
. . 9.50 10.50
. . 8.50 9.50
8.0Ovii 9 50
6.00 fft 8.50
. . 6.50'n) 7.50
6.00 ra 6.50
. . 2.25'oJ 6.00
East of mountain Iambs
Va Iley lambs
Cull lambs ,
E wee '
- Chicago U vet took Market.
CHICAGO. Sept. 30. -Cattle Receipts
13.OO0, market opening very dull, few early
sales. Choice steei slow at $17118; other
grades weaker; kosher cows, $ 8. 751 0.50;
canners. f 4 4.50, about steady: medium
cows, $61$ 8.25: bologna hull. $06.75; veal
calves, mostly $176 17.50, lower; feeders
very draggy. Receipts of , westerns 3000,
Hogs Receipts 21.000. uneven, mostly 40
to 60 cents lower than yesterday's average.
Top $16; bulk light and butchers, $ 15.2ft $
15.90; bulk packing sows, $14(14.35; pigs,
50 to 75 cents lower.
Sheen Receints. 37.O0O. oxirempTv clnw
lambs 25 to 50 cents-lower. Strictly choice
westerns orierea at 513.75: choice natives
$12.75 to city butchers; bulk natives. $11.50
(a i 2.'5 ; sheep weak to 25 cents lower: fat
native ewes largely $55.50; feeding ewes
tower; nest reeding lambs around $13.
Omaha Livestock "Market.
OMAHA, Sept. 30 Hog Receipts 4000
mostly 50 U ,75 centa lower. Bulk, $14. iW
mr h.hj, top jia.a.
Cattle Receipts 3800, market dull. Fed
steers weak, others and she stock mostly
15 to 2iV cents lower; canners, cutters and
veals about steady; stockers and feeders
slow, 'unevenly lower.
Sheep Receipts 28,000. few early sales
maae; mas on iambs mil 25 cents lower
sheep 25 to 50 cents lower; feeding sheep
anu iambs o to au cents lower.
Kansas City Livestock Market.
KANSAS CITY. Sept. 30. Sheep Re
ceipts J 1.000, very slow. Sheep about
steady; w estern lambs mostly 25 cents
lower, $12. to paid ; best unsold.
Seattle 1.1 v en toe k Market.
SEATTLE, Sept- 30. Hors Receipts
none, steady. Prime, $ 16.50ir 17; medium
to choice, $15. 50 1 fl.50; smooth heavies,
$14. 5015; rough heavies, $12.513; pigs,
Cattle Receipts 47, steady. Prime Steera.
$9.50 th 10 ; medium to choice, $8 (&9 ; com
mon to good, $0'S7.5O; best cows and heif
ers, $7.25t7.75; medium to choice, $0!i7;
common to good, $4.5O0; bulls, $4&5;
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetable; Fresh Fruits,
Ktc. at Bay City.
SAN FRANCISCO, Sept. 30. Butter
Extra firsts. i Vi c lb.; prime firsts, 01 MjC.
Ciggs rref q extras iwc aozen; airttcs.
tJ2c; extra pullets, 05Vjc; undersized, 521,c.
Chees Flats, fancy. 3&c ib. : firsts. 2dc:
Young Americas. WjC
Vegetabiea eggplant, lug, 60 75c;
Summer squash, lug, 50cifi$ 1 .00; potatoes.
street , prices, rivers, $2. 00(2. 0o; sweets,
4c lb. ; beans, 5 fir 12 Vie. lb. ; bell peppers.
lug, 5075c; 'chile, 0075c; cucumbers,
lug, 5Ofr$1.0O; celery, lug. 50 1.00; cel
ery, crate, $4.ooa.uu; green corn. sack.
$2ftt 2.50 ; cauliflower. SI dozen ; cab-
b.Lge, 1 hi c lo. ; Deeis. carrots ana turnips.
$1.752 sack; tomatoes, 40?76c; onions,
yellow, 90c$l; brown, $11.25; white,
Poultry Hens, large colored. 3740c
lb ; small. 30(tf33c; White Leghorn, large,
23 31c; sma.ll, 22 2ftc; strict IV young
roosters. 3S6MOe: old 21 23c; fryers.
30 ft 41c ; broilers, 48 Q 50c ; e it a tern poultry.
hens and roosters, -sue; aucka, i(&)30o;
pigeons, old, $3.00(g3.50 dozen'; - au.ua bs.
0uro05c lb; Belgian harea, J8(22c
Fruit Strawberries, K5c& $1.25; rasp
berries, 65fe &5c; blackberries. $'i 10;
cantaloupes. SI. 25 2.imi; flats, 50 'n 05c;
watermelons, $1.503.50 dozen; honey dew, j
U5c5c; Valencia oranges, $0.507.50;
lemons. $2.O0&4.25; grtrpe fruit, $3 0u)
$4.50; apples. Belleflowers. $1.50y 1.00 box;
peaches, $1.251.75; -plums. $1.25"d2.
pears, Bartl-ett, $3.504,50; figs, $1 &
$1.50; grapes, $1.75(2.25 crate; bananas,
Receipts Flour. 1504 quarters; wheat,
lOOO centals; barley. 4t34 centals; ' beans,
2513 saeks ;- corn, 2050 centals; rye, 1 30
centals; potatoes, 4233 sacks; onions, 13.
025 sa-ks; hides. 70 rolls; livestock, 285
head; oranges, 1000 boxes.
Fa,stern Dairy Produce.
NEW YORK, Sept. 30. Butter steady,
E:gs irregular. Fresh gathered extra
firsts, unchanged; firsts, 57liOc.
Cheese unsettled. Slate whole milk
flats, current make, white and colored
specials. 28 1 29 Vtc; state whole milk
twins, current make specials 2SVt28Vfec.
CHICAGO, Sept. 30. Butter higher.
Creamery, 44' 5Sc. -
Eggs unchanged. Receipts 7040 cases.
New York Sugavr Market.
NEW YORK, Sept. iiO. Raw sugar,
weak; ceatrifugal , 0.75c; refined, quiet;
fine granulated. 13. flow 13c. -
Dried Fruit at New York.
NEW YORK.. SepK 3k. Evaporated ap
ples, doll. Prune, ''easy. Peaches, quiet.
NBW YORK, 'Sept. 30. Cotton," epot,
quiet; middling. 20.60c. . -
HE WHEAT LOWER
LA II (i K AMOt'.NTS PIKCHASED
BY AMKIUCAX M I LLKK. .
Had Slump In . icii2 Market.
K.mh'1 HuUi Meets Willi,
' Serious Setback.
" cjj ICAtSo, spt. ."hi. -ntg puri'iaing of
fa nadian w heat by m illcrs In 'the United
States had a good deft I to do with a
severe break in wheat here today. The
market closed heavy. 7 Vs toUAC net lower
with Dec t m b r $2.TiM 2.17 and March
$2.1o4 '2.11 .' Corn finished 5'.:c down
to 1:0 advance, oats off Jii-lRic to 2'i0
and proi?ion6 unchanged lo 50c lower.
Selling premrure In wheat came largely
from houses, with northweatrn connections
and this appeared to give special emphatic
to word that further large amounts of
Can ad ian wheat had been bought to come
into the Cnited States, besides the quan-!
titles announced yesterday. At the unie
time, export business from thi country i
was said to have met with a rheck. Swiss,
tierman and French buyers asserting they
werefc ofiered wheat cheaper elsewhere. ;
India wa said" to have rolcasd 14,00.oo0
hue he is for export, notwithstanding recent
advices of widenpread starvation there.
Estimates that the l:20 corn -crop would
exceed - the government forecast by S2,
U00.OOO had a bearish effect on corn and
ho did big refeipts and apparent absence
of frost damage.
Oats rell w ith other grain.
Provisions were depreed by the weak
ness of hogs and cereats.
The Chicago market letter received yes
terday by overbeck &, Cooke company of
Wheat Except for scattered accumula
tion of buying orders over night, the sup
port in the market was poor and the
elling or surricient volume to Dring anoui
l decline of more than lo cent from
top price. The demand Tor cash wheat
waj also plow and premiums easier, due
to the tact that millers are receiving a
good part of their requirements from
Canada at lower prices. Advices from
the seaboard nuftgested liberal buying oi
Canadian wheat by exporters, but. no de
mand for our wheat because of the rela
tively high price. The Italian government
was reported to have withdrawn from the
market entirely. It was announced that
India had released 14.000,oo0 bushels for
export, which accounted for the British
commission not being in the market. With
an active export demand In this country,
the holding attitude of farmers could hut
find reflection in higher prices, but with
the foreigner see-king stSpplles elsewhere,
it la' apparent that we must necessarily
readjust to a basis with other exporting
Corn FroJH the outset this morning the
market was a disappointment to those
who expected higher prices due to frost
damage. To begin with, the frost re
porta this morning were not as general
as predicted, and with a few exception,
th-e frost wasnot of a killing kind. Mu.Ti
selling was indulged 'in in anticipation
of a severe decline in cash corn tomorrow
with the September no longer a sustain
ing factor. Rallies were numerous but
served only to reduce -t he outstanding
short Interest the vulnerable portion of
which apparently covered on yesterday s
Oats This market was under pressure
with other grain-s and not only futures but
cash a well suffered sharp reduction.
Receipts were estimated at 100 cars, a
small increase, and met an insufficient
demand. This market is In a weak posi
tion and the fact that prices have broken
In two since ea.rly summer is of no con
Provisions Weak eanly on the waukness
In grain arra decline In hog prices. Trade
averaged Light until toward the close, when
a demand sprang up. causing a sharp re
action and short covering.
Leading futures ranged as folrows):
Open. High. "Low. Clos.
Dec $2.25 $2 20 $2 15 $2.16
March.. 220 2 21 , 2.10 2.lO:i
Serpt. ... 1.24. 1.30 3.27 1.20
Dec 97 V .OK .112 ' .92
Dec Sfita .58 .5U .5t;
May 02 ,H2;?4 .00; .61
Sept 23 15
Oct 23.15 23.40 23 10 23.15
Oct 19.15 10.27 10.02 10. TO
Jan 17.15 17.40 47.05 17.30
Sept ... 15 50
Oct 1 6.00 10.00 H5.50 15.50
Cash prices were :
Wheat No. 2 red, $2
J4; No. 4. red. $2.31
Corn No. 2 m ixed
yeilow. $ 1 . 2S 'rf 1 .30 u, .
Oats No. 2 white, 55 ;
whHe, 54 f(t 55 lAtf.
'c; No. 3
Rye No. 2, $2.082.09.
Timothy seed $67.50.
Clover seed Sl&(&25 per cental.
Pork Nominal. -
Ribs $15.50 H 16.75.
Mvrrpnol Barley Market.
Liverpool, Sept. 30. Canadian No. 4 bar
ley, September-October sold for 65s 3d
per cwt. London.
New York Wheat Market.
NEW YORK, .Se-pt. 30. Cash
$2.55 c. i. f. track.
Minneapolis (.rain Market.
MINNEAPOLIS, Sept. 3(. Barley, 67 "9
fl.Tp. Flax, No. 1, J.-..06W3.0S.
TDluth LinHeed Market.
ntTLUTH. Sept. 30. Linseed, J3 OSMi
Grain at San Franelwo.
SAN FRANCISCO, Sept. .3ft. Grain
Wheat. $"i.S0'g'4; barley, $3.050 2.10; oats
May Wheat, fancy. 228; Hpht five
wire bairn, $231 2.V tame oats. $232."i;
wild oats, $17ff 19; barley, $17::(; al
falfa, lat.r cuttings, $21 t23.
Seattle Grain Market.
SEATTLE, Sept. 30. Wheat. hard
white, .oft white and white club, $12.25;
hard winter and northern spring. $2.20;
red winter. J2.2fi: red Walla, $2.15; eastern
Walla. $2.20: Big Bend bluestem. $2.4.
Keed Scratch feed, $K2 per ton; feed
wheat. $S7: all-raln chop, $iH; oats, $0O:
sprouting oats, $i4; rolled oat. $02; whole
Bought or sold on arr market tn
the United States or Canada. Llb
rty and Victory bonds.
Herrin 5 RhODES'inC.
. , eSTACLlSMEO ISM.
, STOCKSand BONDS.
Railway Exchange Bldg. .
Members Chicago Board of Trade.
o Which do you value more
U principal or interest? Our
methods assure SAFETY
to purchasers of our First Mort
gages. Our service assures
prompt payment in full at ma
turity. Available in denominations of $100
Western Bond & Mortgage Co.,
Main 113 80 Fourth St.
Invested in Foreign
.Money nnder nr nw
plan make possible
Profits S1000 to S20.000
Send lo cents stamp, at once for our
new 288-page booklet, with full par
ticulars We are specialists In Foreign
Exchange, and maintain branch offices
in manv large cities.
GEO. II. PERKINS TO.
50 Broad street. Xew Vnrb
crn, f 7a : cracked corn. 7 I ; roJ let I bit
ley. $03; clipped barley. $tS, '
Hay Alfalfa. per tm: tlouble
pressed alfalfa. $30; ditto timoth, $i
eastern Wa.-hington mixed. $3tl.
AIR PATROU TO REMAIN
KxpNt to Kxteiul Forest Fire Sorv-j
ice Over ortliesl.
IS UG EN 10. Or.. Sept. HO. (Special.) I
Prospects of continuing the air- i
plane forest fir? patrol next sum
mer are excellent and that it will be j
extended to all parts of the Pacific!
nort h w est, was t he statement yes- ,
terday of C. W. Boyce, who acted as
liason officer between the forest !
service and army air service here.
He arrived yesterday from San Fran
cisco. Mr. Boyce made the trip to Cali
fornia to study results of the air
patrol in that state. As soon as he
makes his report of. the season's work
hefc he will be transferred to Wash
ington. 1). C, where he will be en-
Raced in an economic investigation
of the paper and pulp Irfdustry.
Judgment Given Against
. Man Who Filed Suit.
Coltapr Orovr ReKltlent Seeks ln
' formation on Jury's Action.
COTTAGIi (JROV13. Or. Sep. 30.
(Special.) Jasper Fatten, who has
figured in several freak civil suits irk
the 'justice court here, wants Ifome
lepral lifrht to explain to him what j
kind or kink has been put into me
law which makes it possible for a
judgment to he rendered against him
a case in which he is suing the
other party. The jury brought in such
verdict yesterday in the case ot
Jasper N. Patten vs. K. R. Siphers.
Patten sold his place during tho
past year to Mr. Siphers. and later
sold the purchaser at various times,
wheat and potato seed of the admit
ted value of $44.92, Tor which amount
he brought suit.
The defendant sought-to prove that
during the year he had overpaid the
account, and so far convinced the
jury that a judgment was given
against the plaintiff in the sum ot
FUTURE OF MINE ASSURED
Larse Body ot Cinnabar Ore Found
at Gold Hill.
OOLIVHILL, Or., Sept. 30. (Spe
cial.) The recent uncovering of a
large body of cinnabar ore in the War
Eagle company's quicksilver mine ih
the Gold Hill district, which is esti
mated will produce quicksilver in the
value of $500,000. assures the future
stability of this property. The own
er are erecting a 25-ton Scott mer
cury furnace on the property which
will be ready for operation within a
month. The mine is already equipped
with two 12-pipe mercury furnaces
and has been a steady producer since
The present equipment capacity of
i-ten tons of. ore a day only permitted
the reduction of ore .running better
tfcan 15 per cent quicksilver, but the
new equipment will be useA in re
ducing ore running as low as 2 per
AUTOIST HITS RELATIVE
Mrs. Helen Prillaman Victim of
Motor Accident at Ia Grande.
COVE. Or., Sept. 30. (Special.)
When Gerhart Stackland of Stack
land Bros., Cove cherry orchardist
firm, with his nephew bexro Prilla
man. was driving through La Grande
yesterday, returning from the Pen
dleton Round-up, he veered to one
side to avoid a loaded motor truck
and struck a woman.
Hastening to her relief., they saw
she was a relative, Mrs. Helen Prilla
man, of La. Grande, sister of young
Prillaman's father, who was killed a
year ago at Union Junction when run
over by a railway locomotive. As she
was conscious this morning, fears of
concussion, of the brain are allayed.
6 Per Cent Bonds
at 99 to yield
6.05 to 6.82
Income Tax Exempt
Short term and long term
1 to 20 Years
General Tax Obligation
Ask for detail.
"Wire orders collect.
Maturities and Price:
1925-29 to yield
1930-34 to yield
1935-45 to yield....
, .. .5.50
Telephone or Telegraph
Ralph Schneeloch Co
MUNICIPAL AND CORPORATION FINANCE
LUMW ax. ..(
PO RTUWO . 0 R O O H
Kj Sccomo HjooiQp main 66 H
Eg NORTHWESTERN BANK BLDS. M
Canadian n t.
$239,300 Qeneral Obligation 6' c lolcl Notes
City or Edmonton'
PROVINCE OF ALBERTA
cldltion to hrlnir l.rnpral Hhliicafliin otp. thfp re nerurod U
loiiR-llmr drhrnlurrn totaling -"l .4(.(MI.
The City of Edmonton Has
60.000 to 70.000 Population: Municipally owned and operated
Lighting. Power. Strpct Railways, Telephone System and
Walerworke; Great Livestock and Packing 1 nri list rics : -ti
Banks and Branches: 1"0 Factories: 30 Coal .tines;1n0 Whole
sale Houses: 25 Hotels: the richest farming lands in Canada
surroundinir it: the trade of a vast agricultural and wheat
growing empire pouring to and through its lirajts.
Assessed valuation $K,6or..71 5.00
Value municipal property (not including public utilities)., 11.035,376.00
Net debenture debt 9.44S.997.00
Revenue from public utilities (above cost of operation).. 767.773.00
Net local improvement debt 3,046,763.00
Dated Srpte'mbrr 1. 1!20.
Maturities as follows:
$60,200 due Sept. 1. 1922: price 94. $2
$89.400 due Sept. 1. 1923; price 92.45
$98,700 due Sept. 1. 1924; price 90.28
TELEPHONE OR TELEGRAPH ORDERS AT Ont E-rEXSI
MORRIS BROTHERS, Inc.
S0-11 Htark Wt.
"Th Premier Mantel pml Bnd Binme."
KUb!lnlird Ornc at nartrr fMitarj.
(mpital Orr Million Dalian.
Mnrciisnt. National Ibuik &lds
Bond Prices Are Advancing
The ready oversubscription of the $100,000,000 Republic of
France 8 Bonds, the $20,000,000 Kingdom of Norway S9o
Bonds, the $20,000,000 Bethlehem Steel Company 7 Bonds and
the $25,000,000 Pennsylvania Bell Telephone Company 7 Bonds,
indicate that there is a very keen and growing demand for
Bonds at this time.
We recommend investment of surplus funds at this time, and
present the following offerings:
Portland, Oregon, 4s
Payette Highway Dist. 5', js.
Penn. Bell Tel. Co. 7s
Utah-Idaho Sugar Co. 7s
Consumers Power Co. 7s....
China Mail S. S. Corp. 8s
United Lt. & Ry. Co. Sec. 7s.
lyth. Witter. & Co.
UNTIED STATES GCVER?TMTST MUNICIPAL AUD CORPCHVJIOH BONDS
YEOX BLDG. PORTLAND
Telephone Main 8183
San Francisco Seattle New York Los Angclea
There is a far greater
demand for paper than
existing mills can supply!
And this gTeat $1,300,000 mill at Salem has contracts
for capacity production
Paper making is
Dividends Payable Monthly-
Oregon Pulp & Paper Co.
Par Value 100, 'Price $100
More than $1,500,000 in stock
already sold at par.
M Undof- SapenoTU Oregon stain DanWng OefOtLmsnJL
FACTS XO. rVT
It does not require any
publicity to advertise a
pood rond it advertises
itself. Two years aSo
everybody avoided t ho
Newbers road, now eve-ry
traveler will so out of
his way to reach it. The
result is that it is one of
the h e a v 1 e s t - traveled
roads in the state, all
because it is paved with
WARRUX BROTHERS CO.MPA.W.
( nnnillis ot.
T)r nomination rino. Jt.-.OO. JIOOO
Principal and semi-annual in
terest (March 1 and September
1 payable in Gold Coin of the
1,'nited States in New York and
at the office of Morris
BcBttla. 'WatiK. j
DUE PRICE YIELD
1933-34 ...... 6.00 r'o
1915 95.00 7.47r,'c
193.1 91.25 8.00 9e
1923-25 100.00 8.00
1922 97.25 9.00
Industrial and Commercial
DESIGNED AND BUILT
ERTZ & WEGMAN
651 PITTOCK BLOCK
htp to I:w niid Reeelv
Till-: HlliHKST PRICK.
W Want All Ynn Have.
Write fur Tags and Price.
Sullivan Hide & Wool Co.
144 Front St., t'ortlnnd. Or.