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.