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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 13, 1920)
TIIE MORNING OltEGONIAN, WEDNESDAY, OCTOBER 13, 1920 PRICES OF LEATHER ARE STILL YIELDING Reaction Not as Severe as in Hide Market. VALUES RELATIVELY HIGH Tanners Declare Production at Pre War Prices Impossible, Even With Cheap Raw Material. The price reduction in various com modity lines have tended to increase the d ullnesa in leather and shoes. Reports from most ecu trig are that business on leather is even more quiet at present than t any previous time this year. Hides and kins w ere one of the first of the raw materials to react from war conditions and prices have been declining on these fnr vcr a year, with the exception of a few upward reactions. The general opinion is that the market on hides and skln has been no well liquidated that prices can go much lower, but leather Is still on a proportionately higher level, and shoes on au even still higher scale, than raw stock, although this is partly due to high manufacturing: costs. Declines in leather are continuous, and there are no established prices. Con ditions are illustrated by an instance where a buyer made' three purchases out of one lot of sole leather w-ithin three weeks and each purchase w as at a less price, with the last transaction 6c under the first. Although buyers operate in a very lim ited way at around asking rates, the tan ners themselves have no idea as to how much they will be able to realize for their leather when the demand develops suffi ciently to cause sizable movements of The argument Is advanced In the leather trade that finiehed leather cannot be. prd riucrd at pre-war prices, owing to the in creased manufacturing costs represented Jn labor, overhead expense, tanning ma terial, transportation, coal, selling charges, etc. In the shoo manufacturing and re tail trade, all of these costs are again multiplied. High-grade shoes now sold to consumers at from $10 to $12 per pair, and a few months ago at as high as $15 to ?1S. were selling in 1913 and 1914 at from $." to $0 for the same quality. If the contention of some prominent tanners that only lO per cent of the price of shoes at retail is represented inTthe actual cost of the raw material as it comes from the packer or butcher is true, it would appear that t he declines In hides and skins will do comparatively little to bring down the cost of shoes to the general public, and that pre-war prices cannot be expected to prevail until wages, salaries, rents, etc., return to normal. brought a quantity of Malagas, which were quoted at 13 cents a pound and Tokays at $2.75 3 a crate. Hop Prices Are Unchanged. Hops are selling in a fair way, although only two buyers are known to have orders. The prices paid this week, ranged from 33 to 38 cents for most lots. A cent or two better was available on strictly choice of f erioxa. POUTLAAD MARKET JCOTATIOS Grain Flour. Feed. Etc No session .Merchants' Exchange, holi day. , FLOUR Family patents, $11. SO; baker's hard wheat, $11.50; baker's bluesiem patents, $11.25; valley. $10; whole wheat, $U.bO; graham, $'J.t0. MILLKEKD Prices f. o. b. mill: Mill run, $5ti per ton; rolled barley, $55&tl; roiled oats, $53; scratch feed, $75 per ton. COfOi whole, $61 ; cracked, $64 per ton. HAT Buying prices, f. o. b. Portland: Alfalfa, $S-4; cheat, $21&L'2; clover $22; valley timothy, new, $2728. Dairy and Country Produce. BUTTKR Cubes, extras, 6ttc per lb.; prints, parchment wrapped, in box lots, t2c per pound ; cartons, tioc, half more; butterfat. No. 1, 56y57c per lb. at sta tions; tile Portland delivery. KCjtOS Buying price, case count, 62 & 65c ; Jobbing prices to retailers, candled, tibifciTOc; selects. 74c CHKKSE Tillamook, f. o. b. Tillamook; Triplets, ;ilc; Young America, 32c. l'Ot'LTRY Hens, 17&24ic; springs, 25 0 30c ; ducks, 25 4 52c; geese, nominal , tur keys, nominal. 1'ORK i-'antjy, 23c per pound. VJ5A1- Fancy, 22 c per pound. X II K SLl'MP JN' IIIDKS CONTINUES Tanners Not Interested. Even at Present J,ow Prices. The slump In the eastern hide market continues. A Chicago wire received by H. M. Scarritt of the H. F. Norton com pany, reports a sale of 5000 packer hides at a decline of 1 cent from the last sale priee and another wire predicts 1-5-cent calfskins and 10 cents on country hides for No. Is with No. 2s 1 cent less f. o. b, Chicago. A letter to Mr. Scarritt from one of the largest tanners in tho world con tained this paragraph: "Nothing like the slump we have had has ever been experienced by the oldest men in the trade. There is hardly a word in Webster's dictionary which will ade quately describe the condition which a lot of small tanners and hide men have got into as a result of this long period oi stagnation. " Reviewing the market for country hides, the latest lsue of the Chicago Daily Hide fc Tallow Bulletin says: "like all other markets, these are also weak and neglected. One lot of country extremes, free of grubs and shot hair, at an outside point sold at 14c. Tanners as a whole are disinterested in offerings of hides of any description and prices which appear to be cheap seem to be no induce xnent whatever. The dull and neglected leather market and tight money with high rates of interest are the factors respon sible for present conditions and until some improvements are made at that end, it is hard ly possible for much hide trading to be done. There are falr-Bized holdings of winter hides at all points which deal ers are anxious to sell, but offerings at concessions fail to attract buyers. How much longer this condition can exist no one knows, but there is nothing on the surface of the market at present to indl cate any immediate relief. Some members of the trade look for very little change the balance of this year." FKOFITEER1NG IN LEMONS CHARGED Retailers In Kant and Middle West to Be Investigated. Profiteering in the sale of lemons by re tailers in the east and middle west is to be stopped by the department of justice Assistant Attorney-General Weather-by has centered his efforts upon the lemon price situation. Action is already under way by federal district attorneys in several juris dictions to curb retailers, who are reported to be making from 100 to 200 per cent profit on lemons sold to consumers. The . Lever law specifically covers such profit eering. Prosecutor Weatherby stated, and exorbitant profits realized upon lemon sales will carry the same penalties under the law as profiteering In other essential commodities. The charge made is that retailers, finding the market glutted, have bought up at ridiculously low prices and stored lemon stocks and released them to the trade gradually, thus defeating the natural processes of the law of supply and demand. Producers of lemons are absolved of all blame for the prices that now obtain. Re ports to the department of justice are con clusive that the producers and larger handlers are getting a smaller return on their investments than they hare obtained in many years, even the pre-war days. The average wholesale price is quoted at $2 a box less than the ten-year price average. LOCAL GRAIN BOARD IS CLOSED Trading Quirt at AU Points, Owing to Legal Holiday. The local grain exchange was closed yes terday because of the holiday. Very little business was reported in the open markets either here or in the country districts. ! Terminal receipts, in cars, were reported 1 by the Merchants' Exchange as follows: Wheat. Bar. Fir. Oats Hay Portland Tuesday 61 2 111 Year ago 43 . . 36 3 2 Season to date.... 52ti7 61 183 205 438 Tacoma Monday. 114 6 ... 10 Year ago 80 2 . . . 7 a Season to date.... 1138 2G 261 68 301 beanie Year ago. 9 4 12 l Cube Butter Market Steady. The cube butter market ruled steady with extras quoted at 58 cents and prime firsts at 57 cents. Prints generally sold on the 62-cent box basis. Good eggs were scarce and full prices were readily obtained. The demand for poultry wasrathr light and prices were inclined to be easy. Dressed meals were firm with pork moying at 23 cents and veal at 22 H cents. Flint Cornlchon Grapes' In. The first Cornlchon grapes were received from California yesterday and were of fered at 14 cents a pound. The same car LIVESTOCK PRICES HOLD MARKET IS STEADY IX LINES AT YARD. Alili Fruits and Vegetables. FRUITS Oranges, $8& 0.25; lemon. $4.50(5.50 per box; grapefruit, $5&10 per box; bananas, lift-, & 13 fee per pound; ap ples, $l.oOtg)4 per box; cantaloupes, $2.50 a3.0O per crate; watermelons. 12c per pound ; peaches, $2.00& 2.50 per box ; ca sabas, 26(f3fec per lb.; grapes, $2,009 3.00 per crate. 8 & 15c per pound, 35c per basket; pears, $2.00&)3.&0 per box; huckle berries, 17a22c per pound; cranberries, $5 per box. VEGETABLES Cabbage, 2 2 Vtc per pound; lettuce, 2&'2.5p per crate; cucum bers, t0&b5c per dozen; carrots, $2.2& 2. SO per sack; garlic, 3Uc; tomatoes, $2.25 per iug; Deeis, s.ou per eacK ; turnips, $3 per sack; eggplant. 9&12Vsc per pound; green corn, 25 fa 30c per dozen; cauliflower, $1.753.00 per dozen; celery. 75c&$1.10 per dozen ; green peppers, 10 12 fee per pound. POTATOES Oregon, $2.2532.50 per 100 pounds; Yakima, $2.4o2.50; sweet pota toes, 5 Vic per pound. ONIONS Oregon yellow, $1.752.25 per sack; California brown, $2(&2.25 per back; pickling, ti&lOc per pound. Staple Groceries, Local jobbing quotations: SUGAR Sack basis: Cane, granulated. 13c per pound; beet sugar, 12.80c per pound. HONEY New, $7.608 per case. NUTS Walnuts, 22 & 38c: Brazil nuts. 35c; filberts, 30 (fip 3"c ; almond.", 35c; pea nuts, 14l5Vic; cocoanuts, $2.50 per dozen. KICK Blue Rose, 11 Vic per pound. BEANS Small white, 6 7c; large white, 6c; pink, 7fec; lima, lOVic per pound ; bayous, 11c. COFFEE Roasted in drums, 25 40c per pound. Provisions. Loral jobbing quotations: HAMS All sizes. 43&46c; skinned, 42 48c; picnics, 27c; cottage roll, 35c. LA RD Tierce basis, 27 fee; shortening. 20 fee per pound. DRY SALT Short, clear backs, 2630c per pound ; plates, 22c. BACON Fancy, 40 56c; standard, 33 44c per pound. Wool, Cascara, Etc MOHAIR Long Staple, 25c per pound; short staple, 15c per pound. TALLOW No. 1, Sc per pound. No. 2, 5c per pound. CASCARA BARK Per pound, gross weights, old peel, 9 fee; new peel, fefec per pound. WOOL All grades nominal. HOI'S Oregon, 1920 crop, 353Sc per pound. oils. LjNSEED OIL Raw, barrels, $1.34; drums, $1.41; cases. $ 1.40. Boiled, barrels, $1.36; drums, $1.43; cases, $1.51. TURPENTINE Tanks, $1.81; cases, $1.06. FUEL OIL Bulk, $2.10 per barrel. COAL. OIL Tank wagons and iron bar rels, 17fec; caes. 305i37c. FUEL OI L Bulk, $2.35 per barrel. GASOLINE Tank, wagons and iron bar rels, 29c; cases, 41 fee. Only One Load of Sheep Received for Open Market Best Hogs - Bring- Premium. Trading was of moderate volume at the, stockyards yesterday. The only rail re ceipts were two loads of sheep, one of which came direct. The cattle sold were holdovers and the hogs were driven in. The market was steady and unchanged in all lines. The bulk of hog sales were at $17.50, while a few head brought premiums of Ifi and 15 cents. The cattle, sheep and lamb sales were within the ruling range of quotations. Receipts by rail were 403 sheep. The day's sales were as follows: Wgt. Pr.l Wgt. Pr.l 11 steers. 909 $ 7.0oj 1 tfbg 420 $15.00 4 steers. 5H2 6.75 3 hops... 186 17.75 1 steer.. 1200 5.rn l hog. . . . 140 lO.on 6 steers. 71S 6.5011 2 hogs. . . IflS 17.50 4 steers. 0O7 7.251 9 hogs... 177 17.50 34 steer. t'.3 7.75 5 hogs.. . 132 17.00 41 steers. 945 7.751 2 hogs... 210 37.50 2 cows. . P20 3.50I 1 hoc. .. . 310 15.50 1 cow... fi.if 4.00121 hogs... 205 17. .10 1 cow. . . J to n.OOj 2 hops. . . 216 17.60 1 cow... tt!K 6 oO 4 hops 260 17. 6r. , 1 cow. .. lOi'O 5.75JS hops.. . 161 37.65 2 cows.. 1105 7.50 7 hogs.. . 179 15.50 Icow... 1070 5.001 1 hogs. . . 212 17.50 1 cow... l."Wt0 6 00J37 lambs. 69 S.01 2 cows.. 920 5.90111 Iambs.. 5 6.00 Scows.. 9.'.5 5.50 12 ewes. . . 114 4.50 Icow... 050 6. 7?i 4 5 wethers 100 7.00 Icow... 870 7.00' h mixed.. 345 4.00 Icolf... l.Vo 15.00(65 mixed.. 104 7.00 3 bull... 1450 5.60128 steers.. 955 8.35 1 hog... 510 14.00! 1 steer.. . 700 6 25 (IhoRfl.. 360 J6.00J19 horrs... 3 02 17.50 24 hops. . lltl) 17.50I 3 hoa.. . 1 70 17.50 11 hogs.. 1O0 3 7.5o; 4 hogs... 172 17.50 3 hog... 160 17.501 5 hogs... 244 17.50 lhog... 350 3 5.001 6 hogs.. . 230 15 50 2 hogs.. 200 17.50 9 hogs... 217 17.60 1 hog... 210 17.501 1 hog 260 17.60 7 hogs. . 1RH 17.501 The following are livestock quotations at th Portland I " n ion utockvards: Choice grass steers $ 9.0010.00 Oood to choice steers .P " Medium to good steers 7.00'ffi .0O Fair to good steers 6.25 7.00 Common to fair steers S.75 6. Choice cows and heifers 6.73 7.50 Good to choice cows, heifers., 5.759 6.75 Fair to medium cows, heifers. 3.75 tfj) 4.75 earners 2.75 3.75 Bulls 5.00ff! 6.0O rhcire dairy calves 13.O04M.Y0O Prime light calves 11. .".Of? 13. 00 Medium llirht calves O.OOfgf 11. OO Heavy ralvea 7. 00O fl.oo Best feeders 5.50tf 6.50 Hoen Prime mixed 37.OOffJ17.50 Mfd.um mixed 16 50W17.0O Smooth heavy 1.50 17.00 Rcugh heavy 33.00a 1 5.50 Pig ". 12.00g) 16.00 Sheen- Fast of monntain lambs, ft. 503) 10.50 Valley lambs 8.50 O ft. 50 Fef-der lambs 8.00W ft. 50 Cull lambs 6.005 8.50 Yearlings 6.50tfj) 7.50 Wethers 6.00 w 6 50 Ewes 2.23 6.00 Chicago Livestock Market. rTTTCAGO. Oct. 12. Cattle Receipts. 15,000 head; market very slow; opening sales choice steers ntady; medium and common graces easier. Early top, $18: bulk good and choice. $1 5.50 & 17.85 ; grassy kind very dull and tending lower, mostly JH14.50; best cows, $7.755,9.75. steady mt.dium grades. $...07.25, weak; canners slow at $3.754.25; bologna bulls firm. S6 0 6. 75 ; veal cal ves, 25 &) 50c lower ; bu 1 k $ If 1 6.75; stockers and feeders shade easier; western receipts. 8000 head. Hour Receipts, 26,000 head; 25040c lower than yesterday s average; top. $15. (5; bulk liEht and butchers. $15.10(3)15.70; bulk packing sales, $14 14.20; pigs about steaay. Sheep Receipts, 20.000 head; fat lambs. slow ; few early sales steady ; no early sales of choice lambs; best western held : sheep, steady; bulk native ewes, $5.25 sheep, steady ; buk native ewes, $5.25(9 5.75 ; feeders, active, strong to 25c higher; choice feeder wethers, $7.75; top feeder ambs, $12.50. $3 2.35: feeders strong to unevenly higher; top feeding lambs, $12.50. Kansas City Livestock Market. KANSAS CITY. Oct. 12. Cattle, 20.500 head ; all classes slow and uneven but mcstly steady. Prime steers, 117.50; many gr&ssers. $0,10.75; few cows and heifers, $9;. bulk, $6&6.75; canners $4&4.5Q; good and chioce vealers mostly $1515.50; heavy calves, weak to lower; good bul!s, $89. Sheep Receipts, 7500 head; sheep steady to string. Western ewes, $4.75; yearlings, mostly 50c up; top western yearlings, $9; fat lambs, 25 50c higher; top western lambs, $12.50; deck choice native lambs, late, $11.65; feeding lambs, steady; early top, $1L40. Seattle Livestock Market. SEATTLE, Oct. 12. Hogs Receipts, none; steady. Prime, $17.501S; medium to choice, $16.50 17.50; smooth heavies. $15.5036; rough heavies, $13.50 (tf 14; pigs. $13.50& 15. Cal tie Receipts, none ; steady. Prime steers, $9.5O10; medium to choice, $89; common to good, $67.50; best cows and heifers, $7.25 7.75 ; medium to choice, $67; common to good, $4.50 6 6; bulls, $5; calves. $7ji 3 S. EASTERN FLOWER LOWER DECLXE OF XEARLT $5 FROM HIGHEST POINT. Hides and Pelts. All prices nominal, owing to unsettled condition of eastern markets. Naval Stores. SAVANNAH, Ga., Oct. 12. Turpentine dull. $1.10; sales, none; receipts, 717 bar rels: shipments, 100 barrels; stock, 19,407 barrels. Kfbin, firm ; sales, 543 barrels; receipts, 2447 barrels; shipments 280 barrels; stock, 4S.903 barrels. Quote: B. D, 'J. F, G, H, I, K, M, N, WO, WW. $10.80. London Money Market. LONDON, Oct. 12. Bar silver. 54 per ounce. Money unchanged. Discount rates, short bills, 5fe(&5 per cent; three months bills unchanged. Chicago Dairy Produce. CHICAGO, 111.. Oct. 12. Butter, lower, Creamery, 42 lO) 56c. Lggs Unchanged. Receipts, 10,951 cases. San Francisco Exchange Closed. PAN FRANCISCO. Oct. 12. Markets and exenanges closed; holiday. Holiday at New Tork. NEW TORK, Oct. 12. All the financial and commodity exchanges were closed to day. Columbus day. $3000 BOUNTY ON KILLER State Offers $1000 for Capture of Henry Gregg's Slayer. OLTMPIA, Wash.. Oct. 12. (Spe cial.) Governor Hart has authorized the offer or a reward of $1000 by the state for the capture and conviction of the unidentified murderer of Henry Gregg: at .Otnello, Adams county. W. O. Miller, prosecuting: attorney of Adams county, in applying for the ad ditional reward, said that Adams county offered a reward of 12000 and has spent $6000 in trying to catch the slayer. " Gregg- was murdered at his home the night of September 28 by a masked man, who, after tieing Gregg with a rope, forced Mrs. Gregg and her children into another room and attempted to tie the woman to a chair. Gregg: broke loose and started to the rescue of his wife when the invader stabbed him several times with a dagger and then shot him. Mrs. Gregg by tnts time nao released herself and attacked the murderer with a chair driving- him from the house. As he fled the man turned and shot Mrs. Gregg. Owing to Wheat Fluctuations, Buy. ers Are Con serva tire; Freights May lie Altered. MTXVEAPOLIS. Minn.. Oct. 12. (Sm- clal.) The Northwestern Miller'. Weekly Kenew ot til. flour trade says: Demand for flour Ik still vei-r .lack. with merely Incidental buying for urgent needs. Prices have steadily fallen with wheat and patents are nearly $5 per bar rel below tho hluh point reached last prlng. but the fluctuations In wheat have deprived buyers of all confidence as to future values. 'Canadian wheat and flour continue to nfluence the domestic market, but to a smaller degree, owing to the drop In do mestic prices. Reports Indicate a nosslblltt. that the shipping board will reconsider its prepos terous decision fixing ocean freight rates on wheat relatively far below flour rates. which Is absolutely necessary If export Hour trade Is to be saved from extinction "Mills generally are running about 80 per cent ot capacity. MINNEAPOLIS WHEAT CLOSES LOWER Oats Future. Are Strndy and Rye Is Firmer. MINNEAPOLIS, Oct. 12. Millers are taking choice durum wheat. Rye Is in good demand, spot going 5 cents over fu tures. Leading grain futures ranged as loliows: - WHEAT. Open. Hich. Tiw iter em per .... :;iiu. HI 14 March l!UVz 207 OATS. December . . . 51 51 . May 06 &, RYE. December 148 150 BARLEY. May 84H 84T4 Cash prices were as follows: Wheat No. 1 dark northern. 21714 2254: arrive, 215Vi220V4; fancy, 2'J7: arrive, 20."; amber dur., 204; arrive, 7: arrive, 211; No. 1 red spring 210 215 ; No. 2 D. northern. 222 223; No. 2 northern, 210214: No. 2 red spring, 2i5; No. 3 northern. 205 Omaha Livestock Market. OMAHA. Oct. 12. Hogs Receipts 4500 head, mostly 2.c to 50c lower: bulk, me dium and light -butchers. $140rl4.U5; top, $14.60; bulls, strong weight and packing crudes, i:i.7& T4. Cattle Receipts. 10.000 bead: beef steers steady to 2oc higher; top. fed steers. S15.50 eaily top westerns. X12.10; butcher stock, veais, stockers and feeders, steady; stock calves weak to 2oc lower. Sheep Receipts. 24.000 head; killing grades strong to 2oc higher: prime west ern Inmhs priced at $12.75: early top, For $445 you can purchase one share each of eight listed and thoroughly seasoned stocks that "will return 32 divi dends annually amounting to $43 so that the return on the investment is close to 10 per cent annually The eight stocks referred to are representative of separate and distinct lines of industry, thus making for added safety of prin cipal. Combined purchase can be made on a First Payment of $90 Balance in monthly pay ments of $35.50 each. Writ Dept. PG 22 for complete data. Sent urithout any obligation. 66 BRxadwur NewVfefK Telephone Rtctor 4663-4 Bull Fights Too Harrowing. MADRID, Oct. 11. The scenes of the Spanish hull ring were too har rowing for a section of the foreign delegates to the international postal congress, now in session here, who at tetnded the regular Sunday bull fights yesterday and many of them found themselves obliged to leave before the fights were concluded. AND SAFETY Which, do you value more 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 and upward. Western Bond & Mortgage Co, Main 113 80 Fourth St. AN INCOME Every Month Group buying is one of the most attractive forms of in vesting. Diversified holdings give the maximum of safety, yield, and possible market profits how our TEN-PAYMENT PLAN may be used to give a steady monthly income is fully de scribed in our latest Circular PS-10. Sent Upon Request This week's market letter covers 30 active stocks among which are: Chesapeake & Ohio General Asphalt Carib Syndicate Midwest Ref'g. . United Ret. Candy Nevada Cons. H. & B. WOLF & CO., INC. Storks. Bonds and Foreign Ex change, S80 Madison avenue. New York, N. V. 20RV 204 v. 51 H 66 148 84 Close. 210 207 HI K 66 T. 15014 84 Ti $21,000,000 Worth of Collateral Secures These Bonds $10,000,000 7 Year 8 Secured Gold Bonds SOL VAY & CO. World's Largest Manufacturer of Soda Ash and Derivatives There is scarcely a household or an industry that does not use soda ash in some form. Company's tangible assets more than $70,000,000. It operates plants throughout America and Europe. Price to Yield... 8 I j rvpmnr Fmm Jill Dnmwninn BOND DEPARTMENT Commercial and Savings Accounts Trust BROADWAY and OAK 21014: red spring. 2noU'205H: No. 1 dark hard Montana. 211) Vfe fc'215 H : arrive. 210i; No. 1 II. Montana, 20.1 Vi & l!10 Vi : arrive. 205: amoer our., an: arrive, 204; fancy, 209V46212H; dur., 201i'204; arrive, 1U9; No. 2 A. D.. in'(r20S; fancy. 2064P200; No. 2 Dur., 107iS201: No. 3 A. !., 197ff202; No. 3 Dur.. 104 4197. Corn No. 3 yellow, K8&80: arrive, 80: No. 4 Y., Rt5'88; No. 6 Y., 8485: No. 4 mixed. M'tf 8B; No. S. S2W84; other grades, 7.1 ? Oats White No. 2. 61 Vs rd 52 4 ; No. 3 white. arrive. SO ; No. 4 white. 4&f0.. Barly Choice to fancy. 803 00; medium to good. R7'88; lower grades, 6777. Flax 2Qi',a302Sfc. SHORTS COVER AT WINNIPEG November and Ilerember Wheat Are Hither at Close. WTNXIPEO, Oct. 12. Short covering was the feature of the wheat market here. Tutures ranged as follows; Open. High. Low. Close. WHEAT. October 220 23214 22 220 November .... 2204 220 219 223 December . 20014 213 2U7 211 OATS. October 68 7, 68 68 ti 6S Canadian weather reports and forecasts: Alberta fair for Wednesday, not much change in temperature; Manitoba and Sas katchewan, few scattered showers, but generally fair today and Wednesday; not much change in temperature. Seattle Feed and Grain. SEATTLE, Oct. 12. City delivery Feed Scratch feed, $80 per ton; feed wheat, 985; all grain chop. 907; oats, $rft; sprouting oats, $o3; rolled oats. $60; whole corn. JR9: cracked corn. J 71; rolled barley, $62: clipped barley. 167. Hay Alfalfa. $30 ton: double com pressed alfalfa. 136: ditto timothy. 142: eastern Washington, mixed, 136. WHEAT IS QCIET AT DCXCTH Some Demand for Spring Grain In Evi denceTrading Slow. DT.TT.IJTH. Oct. 12. There was a very quiet market in both wheat and durums. Trading was practically nothing. There was some demand for spring wheat In evi dence. Futures rangea as follows: WHEAT. Open. High. Low. 210V, 21l'4 2084 203 203 203 Vi FLAX 320 320 317 RIB. May 162V4 1C14 16214 16214 Cash prices were as follows: Wheat No. 2 dark northern, choice Irark, 215 u -22214 ; No. 1 durum, track 200 to 205; No. 1 mixed, track mixed, track rive, 103 Vl December Durum .., May dose. 210i 203 14 317 202. Rye Track. J 061-.: ar- I.tnscd. 3Ui Tacoma Has 38,2 9 1 Voters. TACOMA. Wash., Oct. 12. (Special.) The Tacoma registration for the November election has reached the record number of 38,294. Figures show that many more women will vote this year than ever before, many precincts showing a greater registra ticn of women than men. ill iiii lHslH SSirfe iiipili! pis, 5500 &i&foftet& hot WSMl ey&y minute, is the service q . : Ja ASBESTOS AMD MAGNESIA PIPE COVERINGS rOLKS who have more than"five thousand baths" to l trT-i V rf- ovorv rrii'nntp anrl m rrf 4-Vi a n fitr thrwicanrf rooms in five hotels to keep warm naturally make a study of coal saving. Afterexperiencegained in four Statler" Hotels Carey Pipe Covering was chosen for thev world's largest hotel, the Statler operated "Pennsylvania" in New York. Could a higher tribute be paid to the efficiency of Carey Pipe Coverings? There are Carey :Asbestos and Magnesia pipe and boiler coverings for all power and heating plant purposes. Let us show you how Carey insulation will save one-fourth of your coal and give you more effective heat and power' Wo are headquarters for tho building and ins,tlatin products of ASPHALTSBESTOS:MA6NESIA 4 Roof for Every Building PACIFIC ASBESTOS & SUPPLY COMPANY DISTRIBUTORS 67 and 69 First Street, PORTLAND. ORE. CAROCEL DUPLEX 85 MAGNES.A ARSENTUM Exempt From All Dominion Government Tax We Offer Subject to Prior Sale and Change in Price The Unsold Portion General Obligation 6 Gold Notes CITY OF- EDMONTON -PROVINCE OF ALBERTA- Prices Are Subject to Increase Without Notice BATED SF.PTEMBKR 1. ID-JO. Maturities as Follows: Iue spt. l, J'J2. .J'r-.ce 84 (H Due Sept. 1. 193. .Price 8J. Denomination SIOO, $.00, $1 OOO. Principal and Mmi-an'nual interest Marctx 1st and September lst, payable In U. S. Gold Coin In New York and at tho office of Alorris Brothers. Inc. r -FINANCIAL STATEMENT Gross .oi??ri valuation iS6.VS.71.VAO a.ue .Municipal .Property (not including- Putalic Utilities... 3 1.035.376.00 Net Dbewture TeJt Rwnue from Public Utilities (above cost of operation) . . Net Local Improvement Debt (rate payers' share) 7i7. 773.00 S.CHfi. "6.00 In addition to beLnr General Obligation Notr, then are secured by long time debentures totaling f 2,514,420. F3Tnonton in a eHy of WVOO0 to 70.000 population and the capital as well as the commercial and listririutinjr renter of the Province of Alberta, Rich in manufacturing arwi natural Industries, surroun-ded by a 'boun.ttftrl agricultural empire, the tradinjr point for the srreat northern fur braricg region, Kdraontoa ia blessed with, substantial and permanent prosperity. legality Approved by Malnne, M alone St Ionr, Toronto, Canada. MORRIS BROTHERS, Inc. San Francisco. Cal. Merchant National Bunk Bid. "The Premier Municipal Itond ITonse." Established Over n Quarter Century. Capital One Million ItollarA. rortland. Or.. Morris ltllE.. 309-11 btark St. Broadway 1.L. Seattle. Wwh. No. x Centml Hlle. Main 7227. Kiiiott zmo. Telephone or Telegraph Orders at Our Expense Stcaminp; Kadi us 4320 Engines Quad. Exp. I. II. r. 3200 UNITED STATES SHIPPING BOARD Offers For Sale Two Steel Steamers S. S. BLACK ARROW SI'UCIKJCATlOSSt Steel Pass, and Cargo Coal Burner Boilers 4 S. E. Speed 10 knots ' DWT 7050; Gross 6599; Net 4141 Length 408 ft; Breadth 52 ft. 6 in.; Depth 30 ft. 9 in. Th S. S. Black Arrow is an ex-German DMseneer and careo vessel cit1i passenger capacity for SO first-cla3s and 560 steerage passengrers. This vessel is now being reconditioned to obtain the hiphest classification. All nassentrer Quarters have been renovated. Three suites of bedroom. sitting room and bath have been installed, steerape compartments renovated and fixtures have been rentted throughout. Including special subcavinea compartments for families, and entire ship, including public quarters, havo been overhauled and redecorated. At the present time, new boilers, new furnaces, feed pump, heater gen erators, and an independent emergency generator are being installed. The estimated date of completion of tiieae repairs la October 31, 1020. Steel Pass, and Cargo Coal BurneO Boilers 2 D. E. Scotch S. S. ORION SPECIFICATION St Steaming Radius Engines 2 Quad. Exp. I. H. P. 3000 Speed 11.6 knots DWT 5610; Gross 6026; Net 3777 Length 403 ft. 4 in.; Breadth moulded 49 ft. 2 in.; Depth moulded 29 ft 6 in.; Loaded draft 24 ft lVt in. This Vessel Is Now Tied Up at Norfolk, .Virginia Sealed Mds on a lump Fum basts will be received In the office of the) chairman. United States Shipping Board. W ashinffton, D. e... on or oeiore 10 o clock A M.. October z.. n.u. ias to dc opened on anie uay u. l au.ov A. M., in the'offices of the board. Bids may be submitted for one or both of the above vessels. Certified check for 5 of the purchase price, must accompany each bid. Terms of paymeati 10 cash, balance 9 each six months thereafter. over a period ol live years, witn oo interest on uticneu jyuiciiia semi-annually. Prnsnertlvp bidders mar Inspect vessels on application to tne Samp sales Division, Shipping Board, Washington. D. C. The Board reserves the rlsht to reject amy or all bids. Vessels sold on basis "as Is and where Is. c; hirts should be addressed to the Secretary of the ITNITEO STATES SHIPPING BOARD. 1319 F Street N. W.. Washington. D. C. and endorse Sealed Bid for steamsnip ana uo noi upra. Kingdom of Norway 8 Coupon Bonds Due October 1, 1940 The Kingdom of Norway enjoys high credit We rec ommend these bonds for investment Offered, if, as and when issued at the market, to yield about 7.85. Circular on Request for OR 341 X The National City Company Correspondent offices in more than 50 cities. PORTLAND YEON BUILDING Telephone Main 6072 Bonds Acceptances Preferred Stocks Svif t & Company 1 Five-year Gold Notes '4 Price 97.50 to yield 7.61 BlythAVitter. & Ca UNITED SATES COVERJOTEirr MUNI OPAL AIM) C0RPCBVVTI05 BONDS Yeon Bldg. Main 8183.