THE MORNING OREGONIAN, TUESDAY, NOVEMBER 2, 1D20
23,
)
BUTTER DOWN HER
FIRM ELSEWHERE
Cube Holders Not Disposed
to Let Go Yet.
REACTION IS EXPECTED
Market May Recover When Avail
able Surplus Is Cleaned '
i Tp by Creameries.
The lower butter price, announced by
the city creameries, were put out yester-
. tay. In apite of the drop there was re
ported to Be an undercurrent of firmness
tn the market, ae the supply of cubes was
limited and stronger prices prevailed at
ther centers. With the absorption of
current offerings, a reaction in the mar
ket to a higher level would occasion no
surprise. Sellers of country cubes were
la no hurry, to let go at the decline as
tttxj anticipate an early change in the
market. Importers of New Zealand butter
fid not adhere to their first Intention to
dispose of the butter at a loss, but have
stored It and will await developments.
Some of the country creameries are so
abort that they are compelled to buy here
to provide for their local trade.
"While the course of prices bera has
teen to the advantage of consumers, the
butter markets elsewhere have improved
Ban Francisco has recovered from iU de
pression of last week and Seattle opened
artronger. A car of fresh was sold there
to so to Chicago. The eastern markets are
in rood oondltion.
'. The reaction In tho eastern market,
which started late in the previous week,
developed into a full recovery last week.
After a day or two of hesitation, buyers
were entirely out of butter and once the
trend of the market became evident they
sought heavlty. cleaning- up all available
tine butter and cutting Into the big sur
plus of undergrade. Chicago Is especially
well cleared, due to packers buying, but
prices on undergradee are still lower than
before the decline. Cooler weather helped
the market greatly and atorage butter is
the market, especially storage extras, which
old at New York at 75 cents and Chicago at
65 cents. Fine storage "centralised" cars
are worth 60 cents at Chicago. Tha cool
weather is expected to bring moro fine
butter to the market, decrease undergrade
stocks arid reduce the wide range between
cores. Cooler weather and higher prices
will also Increase competition from sub
stitutes. Production and Quality show
little change for the week. The market
closed firm.
Tho aa Francisco market, during the
past week up to Friday night, was un
settled and lower. Prices worked down
practically every day and while there was
good buying at times and some indication
f steadiness, continued support was lack
ing and 92 score butter declined ZV, cents.
The arrival of approximately 13.000 pounds
of fine Mew Zealand butter In the middle
f the week and reports) from tho country
of Increased production, together with ac
cumulating street stocks, caused dealers
to shade prices in order to move goods,
tiuite a little butter was diverted to Los
Angeles, which usually reaches 'that mar
ket causing receipts to appear light. Latest
available reports on Pacific coast storage
aeldinga show 630,999 pounds reduction for
October.
WHEAT ESrOBWKe 'OT IX MARKET
XJUlo Change tn Bid rices on Local
Board.
Wheat exporters were out of the market
sterday. as prices current here were out
mt line with export bids. Other buyers were
also quiet. There was little change in
wheat bids at the Merchants" Exchange.
Offers for November soft white were raised
cents, while club was 1 cent lower. Other
kids were the same as Saturday.
In the coarse grain .market a 50-cent de
atine In white oats was tho only important
charge.
There will be no session of tho local or
(eastern grain exchanges today.
South Manchurian advices were that the
srheat crop Is a partial failure. The rice
crop of Japan is estimated to be 12 per
cent above the average.
Terminal receipts, in cars, were reported
ky the Merchants' exchange as follows:
i 9 2 82
53 . . . H
73 2.H 220 685
113 1480 273 OSS
1 3 ... 3
1
31 333 05 301
64 ... 98 384
2 2 ... 3
10
121 134 133 774
128 300 302 684
Year ago. ......
68
Year ago 4044
Tacoma. .Saturday. 22
Year ago 13
Season to date. . . .2on7
Year ago 2611
Seattle, Saturday.. 27
Year ago
Wheat Exports Increased.
Grain exports from the United States in
September of this and last year compare
as follows:
Sept.. 1920. Sept., 1919.
Barley, bushels 2.066.372 4.407.2O2
Corn, bushels 1,034.(126 1,209.501
Oats, bushels 874.500 5.207.200
Rye. bushels 2,404.422 1,142.812
Wheat, bushels 30,770,706 17,089.02.1
I'lour. barrels 038.350 1.784.1!.S5
Shipments for six months of this and last
year make the following comparisons:
1920 1919.
Barley, bushels .... 11.106,518 33.211,206
Corn, bushels 11.505.703 7.830,508
Oats, bushels 11,401,540 45,137.501
Bye. bushels 43,!4.".528 27.929.812
Wheat, bushels ....130.545,837 100.70.1,922
Flour, barrels 10,194.098 21,670,527
Egg Receipts Tory Small.
Egg receipts were unusually small yes
terday and te market was very firm.
Jobbers quoted Oregon selects at 70g80
cents and candled ranch around 75 cents.
Eastern eggs are being offered . on the
market.
Poultry and dressed meat arrivals were
light and prices were generally steady.
Eastern Cranberries Are Received.
The first eastern cranberries of the sea
son reached the local market yesterday.
They will be placed on sale today at the
prices already announced. X car of Florida
grapefruit also arrived. .
Bank Clearings.
Bank clearings of the nohthwestern
cities yesterday were as follows:
Clearings. Balances.
Portland JS.105.O79 J1.8S3.995
Seattle 0,446.678 1.&7J.0.S5
Tacoma 756.104 1 63 309
Spokane 2.503,239 1.124.091
PORTLAND MARKET QUOTATIONS
Grain, Floor. Feed, JCte.
Merchants Sxchaage, noon session.
-Bid-
Nov.
Dec
Wheat
"Hard white ,
..$ 2.05 t 2.0.1
Soft white 1.S7
1.9T
2.05
1.95
1.95
1.90
46.50
44.00
"White club .. 2.04
Hard winter ................ 195
Northern spring . 1.15
Red Walla , 1.90
Oats
No. 2 white 44.50
Ko. 2 gray
44.00
.Barley
BrewlttS , 47.50 47.60
(Standard feed , . ...... ...... 47.00 47.00
Wilirun 44.00 42.00
Corn
No. 3 K. T., shipment .SO 4a. 50
No. 3 Y., delivery 43.00 42 50
FLOUR Family patents, 111.40: baker's
kard wheat, til; baker's bluestem pat
ents. $10.75; valley, $9.80; whola wheat.
19.80; graham. $9 60.
MILlvFliED Prices f. e. b. mill: Mill
run, (51 per ton; rolled barley. (56958;
rolled oats, $54; scratch feed, $74 per ton.
COKN Whole. 127; cracked. S00 pel
tan.
HAT Buying prices, f. e. b. Portland:
AllaUa,, I22.5023.50; cheat, 2223;
clover, $23; valley timothy, $27628; East
ern Oregon timothy, $30.
BUTTER Cubes. extras. 4894oper
pound; prints, parchment wrapped, itt box
lots, 63c per pound; cartons, 54c half
more: butterfat. No. 1. 40 47c per lb. at
stations; 51c Portland delivery.
Dairy and Country Predse.
EGGS Buying price, case count. 68Q70c;
jobbing prices to retailers, candled, 74
75c: selects, 79 80c
CHEESE? Tillamook, triplets. 28c f. o.
b. Tillamook; Jobbing prices, Oregon trip
lets, 28c; Washington triplets, Soc; Toung
Americas, 33c.
POULTRY Hens. 20 2c; springs, 23
25c; ducks, 26 & 35c: geese. 25c; turkeys,
live. 4345c; dressed. O052c
PORK Fancy, 20c per pound.
VEAL Fancy, 20o per pound.
Fruits and Vegetables.
APPLES Delicious, extra lancy. JS.St
4; fancy. 3 3 75; combined fancy and
choice, 12.75 ' 3.60; orchard run. $3.25;
Jonathans, extra fancy, $2.0003.50: fancy,
$1,0043.25: choice, 1.502.7, orchard
run, $22.25; Northern Spy. fancy, $2.40
3: choice. $2,1012.60; orchard run, $2.25
&2.7S. Rome Beauty, extra fancy, $3 25
fe3.M; combined fancy and choice. 2.60tt
8; orchard run, $2.35. Winter Banana,
extra fancy. $303.75; fancy. $2.753-40;
choice $2.253; Jumble pack, $22.25;
King, orchard run. $1.752. Wagner, or
chard run, wrapped and packed, $1.25
2.75.
OTHER FRUITS Oranges, $9(911:
lemons. $5.506.25 box; grapefruit, $5
910 per box: bananas, 12tt013fee per
pound; casabas. 894c per lb.; grapes, $3 25
&3.70 per crate, lo&15c per pound, 35c
per basket: pears, $3 per box; huckleber
ries, 1722c per pound; cranberries,
coast, $5.20 5.50 per box; eastern $18.50
919.50 per barrel.
VEGETABLES Cabbage, Hi 2c pound;
lettuce, $4.50 per crate; cucumbers,
90o per dozen; carrots, $1.7692.50 per
sack; garlic, 25 9 30c; tomatoes, $2.25 per
lug; beets, $2&2.50 per sack; turnips, $2.50
per sack: egg plant. $2.25 per lb.; cauli
flowers. $1.7592.25 per dozen; celery, 7&9
90o per dozen; green peppers, 10912HO
per pound.
POTATOES Oregon, $1.6892 per 100
pounds; Yakima. $2.25 9 2.50; sweet pota
toes. 4H&5HC per pound.
ONIONS Oregon. $1,759 Per sack;
California brown, $292.25 per sack; pick
ling, e10o per pound.
Staple Groceries.
Local Jobbing quotations:
SUGAR Sack basis: Cane, granulated.
1213c per pound; beet sugar. 11.809
12.8UC per pound.
HQNEr-Ns, r$7.B08 per case.
NUTS Walnuts; 2434c; Brazil nuts.
85c; filberts. 35c; almonds, 8132c; pea
nuts, lltt12c; cocoanuts, $2.50 per dozen.
RICE1 Blue Rose. IH40 Per pound; Jap
an style, 11c per pound.
BEANS Small white, 6e; large white,
0c. pink, 7fec; lima. 10Mo; bayous, lie;
red.'sVfcc per pound.
COFFEE; Roasted, bulk: drums, SI 9
41c per pound; sacked, 22 27c per pound.
SALT Granulated, bales, $3.40k4.25;
half ground, ton, 00s. $19.75; 100s, $18.25
lump rock, $26.50.
ITovisna.
Local Jobbing quotations:
HAMS All sizes. 43946c; skinned, 429
48c; picnics, 27c; cottage roll, 35e.
LAKE) Tierce basis, 27Jc; shortening,
2Hc per pound.
SRT SALT Short, clear backs, 26 9 30)
per pound; plates, 22c
BACON Fancy, 40 56c; standard, 83 1
44c per pound.
Wool, Cascara, Eta.
MOHAIR Long staple. 25o per pound;
short staple, 15c per pound.
TALLOW No. X. 8o per pound; No. X
5c per pound.
CASCARA BARK Per pound, gross
weight, old peel, 9J4c; new-peel, 814c per
pound.
WOOL All grades nominal.
HOPS Oregon. 1H20 crop, choice. 40a
per pound.
Oils.
T.nvawvt ATT T- , , ...
vjiu xvw, uarreis, a4.se;
drums, $1.41; cases. $1.49. Boiled, barrel,
$1.81: drums. $1.43: cases, $1.81.
1 i- C i aUKS, S1.B1 ; OaSSS, SI. SO.
COAL OIL, Tank waeona and tmn hn.
rels. 17(4c: cases. 30037c.
FUEL OIL Bulk, $2.35 per barrel.
GASOLINE Tank waeona and ipnn H-
rels, 29c; cases, 41ttc.
Hides and Pelts.
All prices nominal, owing to unsettled
condition of .eastern markets.
HOGS AT FOURTEEN CENTS
MARKKT IS STEADY AT JXA.LF-
CEXT DECLINE.
Moderate Receipts at Jfortb. Port
land Yards- Cattle Are
Slow and Steady.
The local hog market has settled to the
14-cent level, a decline of half a cent from
last week's closing price. . As the bulk of
the sales yesterday were at the new quo
tation, the market was considered steady.
The tendency of the hog markets east was
firmer. Local cattle trade was slow and
prices were unchanged. Sheep and lambs
were steady at former prices.
Receipts were 17o9 cattle. 104 calves. 615
hogs and 2425 sheep.
The day s salea were as follows:
TVgt. Pr.l Wirt. Pr.
4 steers.
10 steers.
2 steers.
2 steers.
2 steers.
7 steers.
3 steers.
27 steers.
627 $ 6.75 1 hog.... 380 $12.00
11118 . 7.75 8 hoBS.. . 2O0 14.00
118S B.OUI24 hogs.
805 12.00
240 14.00
540 10.50
. 400 10.50
725 14.00
'.SOO 13.00
185 14.00
400 11.00
152 14.00
251 12.00
235 14.00
305 12.00
195 14.00
140 14.00
73 7.00
92 7.00
78 8.00
94 8.50
104 8.50
90 '8.50
87 8.60
75 8.00
94 8.00
64 8.75
67 8.75
94 2.50
95 3.00
140 4.50
157 4.50
118 4.50
136 4.50
135 4.50
90 4.50
76 5.25
151 4.00
111 4.50
120 4.50
102 7.00
100 7.00
120 7.00
117 7.00
100 6.00
113 -, 6.00
117 7.00
120 7.00
110 6.00
100 6.0Q
-113 6.00
69 7.00
210 4.00
1092 9.15
1034 6.25
1000 8.00
934 6.35
1050 6 35
870 . 6.50
1190 7.50
1020 6.75
945 $.50
980 3.50
1052 7.25
1053 6.23
1018 6.50
1004 6.50
1040 4.5U
950 7.00
1038 7.00
950 4.50
1247 6.75
790 5.00
1040 i.50
1032 7.00
1046 6.00
940 6.75
1044 6.00
1103 5.00
10S2 7.25
850 6.25
1190 4.50
1028 5.50
972 5.50
1030 6.25
969 6.25
900 6.00
1058 6.13
980 6.25
9S0 8.00
1020 6.00
206 8.50
200 13.00
105 12.00
400 8.25
85 10.00
148 14.00
1590 5.60
1027 6.50
854 8.50
460 7.00
14.00
101)0
1130
1004
943
105
1070
1110
1090
11115"
1100
1156
1151
1109
1211
830
920
10117
954
1015
7.8o
7.851
T.85i
7.00
7.50
3 hogs.. .
1 hog. . . .
1 hog....
8 hoga. .
2 hosa. . .
24 steers.
T.ouiio hogs.. .
7.001 5 hogs...
8.251 3 hogs...
7.50 8 hogs.. .
6.00145 hogs.. .
6.501 4 hom..
8.2131 hoss...
8.001 9 hogs...
9.50139 lambs..
7.751 5 lambs, t
7.75123 lambs.
8.2525 lambs..
8.25120 lambs..
8.251 3 lambs..
4 steers.
& steers.
19 steers.
2 steers.
11 steers.
20 steers.
27 steers.
11 steers.
2 steers.
3 steers.
7 steers.
7 steers.
2 steers.
3 steers.
1 steer. .
8 steers.
9!0
5.00117 lambs..
1108 o50;32 lambs..
908
797
730
6.50115 lambs..
10 steers.
6.501249 lambs.
5.50247 lambs.
6.5013 ewes.. .
6.50 2 ewes..
6.501 1 ewe.. ..
8.25 7 ewes.. .
7.5075 ewes.. .
7.25115 ewes.. .
e.2533 ewes. . .
7.251 1 ewe. ...
8.25276 ewes..
6..V1I 7 ewes...
6.5019 ewes.,.
6.50 6 ewes.. .
6.7525yVlfrs...
B.25 1 yrlg....
6.751 1 yrlg....
6.75 7 yrlga..
6.0o 1 yrlg....
3 steers.
2 steers.
2 steers.
6 steers.
920
1005
763
1075
1007
1035
1050
1075
1056
1O30
935
10S0
1000
1000
1202
1200
1000
28 steers.
4 steers.
26 steers.
2 steers.
17 steers.
3 steers.
6 cows. .
2 cows. .
11 cows.
3 cows. .
3 cows. .
7 cows. .
3 cows. .
5 cows. .
2 cows. .
3 cows. .
3 cows.
7 cows. .
6 cows. .
5 cows. .
7 cows. .
4 cows.
S0
o.oti! yriRs. ,
843- 5.0029 yrlgs. . .
1040
6.501 2 yrlgs.. .
764
8S6
844
761
842
10S0
1045
1055
1002
1106
920
977
1022
1050
1015
1104
1053
000
975
908
779
830
854
1185
905
767
820
1075
950
805
140
280
248
216
, 120
4.501 o weth's.
S.00I 1 wether.
3.75jl2 weth's.
3.75128 mixed..
4.50! 2 bucks..
5.81.1(24 steers..
6.5026 steers..
6.001 2 steers..
8.001 5 steers..
6.002 steers..
6.0029 cows.. .
7.00 3 cows.. .
6.8523 cows.. .
7.15 2 cows...
7.15 1 cow....
6.20 4 cows.. .
5.75 2 cows...
6.60 23 cowi.,
5.50)23 cows.. .
2.85 1 COW... .
3.2." 1 cow....
S.2510 cows.. .
5.75 2 cows.. .
5.25 19 cows. . .
6. 25 j 1 Co w. . . .
6.50 1 COW. . . .
6.501 9 cows.. .
22 cows. .
9 cows. .
4 cows. .
3 cows. .
6 cows. .
2 cows.
9 cows. .
24 cows. .
24 cows.
24 cows. .
7 cows. .
9 cows. .
3 cows. .
7 cows. .
51 cows.
10 cows. .
15 cows.
3 cows. .
8 cows. .
14 cows. .
4 cows. .
19 cows. .
18 cows. .
28 cows. ,.
2 cows. .
3 calves.
12 calves.
6 calves.
31 calves.
1 calf...
2 calves.
6.50
o eowa. .
29 cows.. .
t & cows.. -
6.2;
5.00i
13.0l 8 cows.. .
lO.OOl cow.. . .
14.00 8 cows.. .
9.501 1 cow....
12.00 6 cows.. .
9.00 6 cows.. .
14.001 2 cows.. .
g.00,10 cowa. .
5.50! 8 cowa. .
5.50154 cowa. .
5.00121 cows.. .
5.50 1 cow...,
5.501 2 cows.. .
5.5015 calvea.
4.00 6 calves..
4.75' 2 calves..
" 6.00;15 calves..
3.501 2 calvea.
5.001 5 calvea.
5.00 1 bull. . . .
5.50 7 mixed..
5.50j27 mixed..
6.501 4 mixed..
J.OOiTlhogs...
224
3 calves 133
2 calves. 350
1 bull. ..
1 bull. ..
1 bull...
1 bull...
1 bull...
3 bulls..
1 bull.
11 bulls..
1 bull. ..
2 bulls. .
3 bulls. .
1 stag .
1 stag...
1 stag. . .
26 mixed.
i mixed.
1110
1140
1270
1560
1500
1480
1280
1386
500
1330
1190
'930
llOO
1070
' 625
295
25 mixed. 945 6.00! 3 hogs.. . 403 12.00
25 hogs.. 180 14.001 1 hog.. . . 390 11.00
8 hogs.. 191 12.0OH1 hogs... 18.1 14.00
9 hogs.. 242 14.001 2 hogs... 340 12.00
4hoK.. 207 12.00) 1 hog. ... 290 13.00
8 hogs.. 202 14.00i 8 hoga.. 345 12.50
5hoKs.. 182 14.001 3 hoga.. 210 14.00
6hogs.. 161 14.001 1 hog.... 220 14.00
37 hogs.. 2S1 12.601 6 hoga.. 838 12.00
13 hogs.. 202 14.001 2 hoga.. 60S 11.00
47 hogs.. 221 14.001 1 hog.... 490 12.00
nogs.. 460 12.001 4 hogs.... 132 12.00
14 hogs.. 277 12.00113 hogs... 195 14.00
77 hogs.. 195 14.00 1 hog.. .. 270 14.00
Jhog... 690 12.001 6 hogs... 130 12.00
8hogs.. 157 14.001 1 hog.... 410 12.00
9 hogs.. 177 14.00112 lambs.. 84 8.50
3 hogs.. 130 12.00115 lambs.. 85 8.60
6 hogs.. 225 14.0010 ewes.. . 147 5.0u
xne rouowing are livestock quotations
at the Portland Union stockyards:
Choice grass steers ,....$ 8.759 .50
Good to choice steers......... 7.759 8.7S
Medium to good steers....... 6.75 7.75
Fair to good steers... 6.25 6.TJ
Common to fair steers 5.50 t.Si
Choice cows and heifers 6.50 7.00
Good to choice cows, heifers 6.60 6 6')
Medium to good cows, heifers 3.50 4.50
Canners 2.50 8.50
Bulls 5.00 6.0
Choice dairy calves ......... 13 00415. 00
Prime light calves .......... 11. OOiy. 13.00
Medium light calvea 9.00ll.oa
Heavy calvea 7.00 9.0t
Best feeders T.0O 7.64
Fair to good feeders ......... 4.00 7.00
Hogs
Prime mixed 13 50a 14.00
Smooth heavy 13.0013.50
Hough heavy 10.00 12.00
Fat pigs 12.00 13.00
Feeder pigs 10.00 12.25
Sheep
East of mountain lambs ...... 0O9 S
Valley lambs ............... 8.00 8.5ft
Feeder lambs ............... 8.00 8 50
Cull lambs 5.00 6.00
Tearlinga ................... 8 00 7.50
Wethers .................... 6.00 6.60
Ewes 2.25 6.73
Cbicaga Livestock Market.
CHICAGO. Nov. 1. Cattle Receipts 19,
000, beef steers and butcher she stock.
25 to 5uc higher; top steers, $18, quality
mostly plain; bulk steers, $1015.5O;
butcher cows mostly, $3.5O10.25; canners,
cutters and bulla strong to 25c higher;
bulk canners and cutters, $495; vtockers
and feeders, 25o higher; calve steady to
strong; best vealera, $13.50914; westerns
3500. strong to higher.
Hogs Receipts 17,000, active 25 to 40c
higher than Saturday's average; top, $13. 60,
out of line; practical top. $13.50; bulk of
sales, $12.75 13.25; pigs, 13 to 25c higher;
Pigs, $13.4013.50.
Sheep Receipts, 23,000; fat sheep and
lambs fully 25c higher; choice fed western
and native lambs, $13.75; bulk natives,
$12.75 13.50; choice yearling wethers, $12;
choice native ewes, $7.25; bulk native
ewes, $6. 5ii T. 25; feeders strong, top feed
er lambs. $13.35.
Kansas City Livestock Market.
KANSAS CITT, Nov. 1. Cattle, 16.000:
beef steers strong to 20c higher, quality
plain; top, $14.50; she stock, 25 to 50c
higher; canners and bulls, 25c higher; bulk
canners around $4.25; choice stags, $9.5o;
calves mostly 50c higher; few vealera. $14;
stockers and feeders strong to 20c higher.
Sheep, 7500; sheep steady. Western
wethers, $8.25: fat lambs 23 to OOc higher:
top westerns, $13.15; feeding lambs mostly
25c higher, $11.50 paid.
Omaha Livestock Market.
OMAHA, Nov. 1. Hogs Receipts 3000,
active, 10 to 20c higher; most of advance
on heavy grades; bulk, $12.50912.75; top,
$13.00.
Cattle Receipts 8000, beef steers and
butcher stock, 25 to 50o higher; veals
strong, atockers and feeders active. 25c
higher.
Sheep-Recelpts 22.000, killing classes
steady to strong: no choice lambs here; top
range lambs. $12.15; yearlings, $10; weth
ers $8; ewes, $8; feeders slow to lower;
early top feeding lambs, $11.35,
Seattle Livestock Market.
SEATTLE, Nov. 1. Hogs, receipts, none;
weak, lower. Prime, $14 14.50; medium to
choice, $13.50 14.50: smooth heavies, $12
12.50; rough heavies, $10910.50; pigs,
$12 13.50.
Cattle Receipts S08; slow, steady. Prime
steers, $0.50 '!(): medium" to choice, $88:
common to good, $67.60; best cows and
heifers, $0.5O7; medium to choice, $56:
commdn to good, $3.50 5; bulls, $46:
calves, $6.50 13.
SAN FRANCISCO PRODUCE MARKKT
Prices Current on Vegetables, Fresh Fruits,
Etc, at Bay Cty.
SAN FRANCISCO. Nov. 1. Butter Cal
ifornia extras, 4-0 Vic; prime firsts, 54io;
firsts, 52 y.c.
Kggs Fresh extras, 84Hc: dirties, 71c;
extra pullets, 73c: undersized pullets, 61c.
Cheese- Old styra flats, fancy. 27c; firsts,
2114c.
Vegetables Egrplant, lug. 75c $1.25;
summer squash, rug, $22.50: potatoes,
street prices, rivers, $1.732.15; Salinas,
$3; sweet potatoes. 3c pound; onlona, yel
low, $11.25; Australian brown, $1 1.25:
white. $2: beans, 8R9c; lima, 10 11c; bell
peppers, lug, 4060c; tomatoes, 50c9$l;
celery, crate, $3 4; cauliflowers, $4 dozen;
cabsage, 3c pound; peas, southern, 12 H
17Vic; rhubarb. $1.752.
Poultry Hens, large colored, &638c:
small, 3234c; White Leghorn, large, 80
33c: small, 263(c; strictly young roost
ers, 3538c; old, 2022c; fryers, 4r045c;
broilers, 55 60c; ducks, 2730c; squabs,
7585c; Belgian hares. 2325c; turkeye,
live. &053c; dressed. GO02c.
Fruit Strawberries, $1.40l..V; oranges,
Valencia. $79; lemons, $2.504.50; grape
fruit, $34.50; applets, bellflowers. $1.50
1.60; pears, winter Nellies, $3.253.50;
grapes, seedless, $393.25; bananas, 9llc;
quinces. $1?502.
Receipts Flour, 8047 quarters; wheat,
16,202 centals: barley, 10,401 centals; oats.
24)02 centals; beans, 1208 sacks; corn; 8034
sacks; onions, 1SOO sacks; potatoes, 8431
sacks; bay, 420 tons.
New York Sugar Market.
NBW YORK, Nov. 1. Raw sugar, 8.20c
for centrifugal. Refined steady, 11 to 12c
tor fine granulated.
- Cotton Market.
NEW YORK", Nov. 1. Spot cotton quiet.
Middling, 22.50c.
STUCK LIST KM
STANDARD ISSUES ADVANCE,
BUT SPECIALTIES WEAK. '
Liberty Bonds With One Excep
tion, Strengthen; Rate's for
Call Loans Continue Firm.
NEW YORK, Nov. 1. Business on the
stock market was irregular In movement
and contracted in volume, as was to be
expected, in view of the holiday in London
and tomorrow's suspension of operations
in all markets of this country.
Events over the w -nek-end presented no
change from recent conflicting conditions.
The stronger returns of the local federal
and clearing house banks were offset by
advices emphasising further reactionary
tendencies in trade and commerce. From
western points come reports of greater
conservatism on the part of producers,
based on the hesitant attitude of con
sumers and decrease of railway tonnage
from that of the corresponding period of
last year. Further private price cutting
was reported by steel manufacturers.
The money market manifested no per
ceptible ease, although large sums were
released for November Interest and divi
dend payments. Call loans ruled at 9
per cent until the final half hour, when
the rate advanced to 10 per cent.
Rails of the better class, notably
Southern Pacific with a net gain of 8 "4
points; also oils and coppers featured the
firmer side of tha market, while shippings,
textiles, rubbers and paper specialties
yielded to pressure, resulting from unset
tled markets. Crucible Steel and United
Fruit were heavy most of the session in
adverse dividend rumors, but both rallied
in the later dealings, declaration of a
stock dividend of 100 per cent for Fruit
causing short covering throughout the
general list. Sales were 650,000 shares.
In the bond mapket prices were upward,
all the liberty issues, with one exception,
strengthening. Tractions and other utili
ties also improved with standard rails and
some of the industrials, but internationals
were steady. Total sales, par value, $13.
850.O0O. Old United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
- Last
Low sale.
72 72 Vs
83 H 33
134 134
37 57
73 73
95 96
59 Vs 60
105 105 H
82 S3V
99 100
69 Vs 71
10-4 10 .
oO 51 Vi
86 87
143 143
113 113
69 70
li'Ji log
Salea
3,200
600
200
600
5O0
8O0
5.900
200
3.500
1.200
2,400
200
8.500
3,800
100
7.500
3,400
100
Am Beet Sugar
American Can
Am Car A Fdy
Am H & L Pfd
Am Inter Corp
American Loco
Am Smt A Rfg
American Sug
Am Sum Tom
Am Tel A Tel
Ameri Woolen
Am Z L A 3
Anaconda Cop
Atchison ....
Atl Glf ft W I
Baldwin Loco
Bethle Steel B
But ft Sup Cop
73-4
S3
134
58 hi
73
96
61
105
84
too
10 4
61 Vi
87
143 Vs
114
70H
13
Canadian Pad 2,700
ICentrl Leather 6oO
, Chandler Mtrs 400
iChee A Ohio 1.800
Chi Mil A St P 2.200
Chlc'go & N W 1.200
CM R I & Pac 4.300
, Chtno Copper. . 2.800
Corn Products 4.100
I Crucible Steel S.SbO
Cuba Cane Bug 800
, Erie 1.40O
Generl Electric 600
115 124 124
41 40 41
83 83 83
67 60 67
42 41 42
81 80 80
37 87 37
26 24 26
83 83 83
124- 121 124
35 84 35
18 17 18
140 139 140
17 17 17
86 85 86
84 34 84
93 91 93
43 42 43
70 69 70.
17 17 If?,
65 63 64
23 24 24
23 22 23
192 190 190
13 1S 1SV
14 14 14
SSv 87 38
27 26 - 27
11 11 11
81 SO 80
83 32 83
90 9S 98
SS 87 88
4 3 4
89 S8 80
43 43 "43
85 83' 83
14 13 14
97 93 96
77 7G 76
73 70 73
7 7 7
40 40 49
83 32 33
105 102 103
30 30 30
105 105 105-
6S 57 59
52 67 62
26 25 26
65 65 65
12 12 12
12 125 125
48 47 48
83 82 82
73 72 72
72 69 71
88 88 .88
106 106 T106
60 68 60
89 80 89
47 4 ,47 ,
10 lO '10
trejieral Motors 12,700
Grt North Pfd 2,500
Grt No Or ctfs 300
Illinois Central 4O0
Iffpira Copper 8.80O
Ir.t Me Ma Pfd 1.200
Interna Nickel 3,100
Interna Paper 4,100
Kan Cty South 1.40
Kenne Copper 8, SOO
Mex Petroleum 8,200
Miami Copper 300
Mid States Oil 5.90O
Midvale Steel 6.2UO
Missouri Pacif 2,500
Nevada Copper 1.200
New York Cen 6.100
N Y N H & H 4.000
Nor & Western 500
Northern Paci 6,500
Ok Prd A Rfg 2,300
Pan-Am Petrol 3.900
Pennsylvania. . 4,000
Pitta ft W Va BOO
Ray Coa Cop 900
Reading 11.900
Rep Ir A Steel 1.500
Royal D N Y 19.600
Shat Ariz Cop
20O
200
Shell Tr ft Td
Sin Oil ft Rfg
3.600
Southern Pac. 63,900
Southern Rwy 3.S00
S O N J Pfd 6O0
Srudebak Corp 5.20
Texas companv 5,000
Texas A Pacif 500
Tobacco Prdts 4O0
Trancontl Oil 3.6(H)
Union Pacific 3,200
U S Food Pdts 500
U S Ind AJco 1,000
U S Rtl Stores 1.800
U S R uber. . 9.500
U S Steel. .. 12,600
U S Steel Pfd 200
Utah Copper. . 4,500
Western Union 100
West Electrio 6O0
Willya-Overld. 5.100
BONDS.
IT S Lib SHS...94.081A T1Tt6j.,
t7
no 1st 4s. .. .uo.io Atcn gen s..
77
do 2d 4s
, .88.90 D ft R i con 4s 67
do 1st 4s. . .90.28;N Y C deb 6s.
92
77
65
85
89
do 2d 4 Us.
.88.721N P 4s
do 3d 4s. ,
do 4th 4s.
Victory 8s .
do 4s ...
U S 2s reg. . .
do coupon .
U S 4s reg. ..
do coupon .
Pan 3s reg. . .
do coupon
...90.68IN P 8s
,.88.80iPac T T 5s.
..9(5.20 Pa con 4s...
. .96.22 8 P cv 6s
.104
. 89
. 80
, 94
101
So Ry 6s
101
105
105
.78
..78
u f 4S
U S Steel 5s.
Bid.
. Money, Silver, Etc
KBW-TOBK, Nov. 1. Prime mercantile
paper 8.
Time loans, steady; 60 days, 90 days and
six months 7 8 per cent.
Call money steady. High, 10; low, 9; rul
ing rate, 9; closing bid, 9; offered at
10; last loan, 10 per ceaL
Bar silver, domestic, 99e; foreign,
80c
Mexican dollars, 61 c C
LONDON. NovJ 1. Bar silver. 52 d per
ounce. Money. 5 per cent. Discount rates,
short bills, 6 11-16 per cent; three
month bills, 9 11-16 per cent.
Foreign Bonds.
Furnished by Overbeck, A
Portland. x
Russian 5s 1921
Russian 5a 1U26
Russian ea 1919
Currency
French Ds 1031
French 4s 1017
French 5a 1920
Italian 5s. 1918
British us, 1U22
iiritiMi 5s. 11)27
British 5a 1929
.British vay 4s
British ref 4s
Belgium rest 5s
Belgium prem 5a ...........
German W. L. 5a
Keriin 4s ...................
Hamburg 4s
Hamburg 4 a ..............
Leipsig 4
Leipsig 5a .....,.
Munica 5a .................
Munich 5s ..................
Frankfort 4a
Jap 4s
Jap 1st 4s
Jap 2d 4 Via
Paris 6s
U K 5s 1921
U K. 5s 1922
U K 6s 1U2U
U'K. 6S 1937
Cooke Co. of
Bid.
. 2-i
. ' 18
. 24
. IIS
. 65
. 44
. 02
. 26
.330
.320
. 201
.258
.230
. 62
. 68
Ask.
25
21
27
125
&0V4
45 Va
64
27
842
832
810
275
255
64
70
13
. 13
14
. 15
16
10
10
ls
17
68
74
74
95
S
95
90
87
13
14
15
15
14
16
10
67
74
74
94
9S
94
90
87
Foreign fexchange Bates.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
National bank of Purttand. The amount
quoted is the equivalent -In United States
Qollars,
Country, foreign unit
Austria, kronen $ .0032
Belgium, francs 0074
Bulgaria, leva .0117
Czecho-Slovakia, kronen 0115
Denmark, kroner ... .1303
England, pound sterling 3.4425
Finland, flnmark 0225
France, franc - .0032
Germany, marks , !oi80
Greece, drachmas 0020
Holland, guilders 3O60
Hungary, kronen j 0022
Italy, lire 0370
Jug-o-slavia. kronen ooso
Norway, kroner .1330
Poland, Polish mark 003a
Portugal, escudos 1523
Koumania, lei , 1065
Serbia, dinara 0318
Spain, pesetas i,ts5
Sweden, kroner ................... ,1040
Switzerland, francs .1570
China-Hongkong, local currency 6SG5
Shanghai, taels 9550
Japan, yen 5125
NETW YORK, Nov. 1. Exchange Irregu
lar. Sterling, demand, $3.43 : cables.
$3.44. Francs, demand. 6.82: cables.
6.34. Belgian francs, demand. 6.69; cables.
0.71. Guilders, demand. 30.40; cables,
30.5O. Lire, demand, 3.67: cables. 3.09.
Marks, demand, 1.27; cables, 1.2S. Now
York exchange on Montreal. 9 9-16 per
cent discount.
Swift ft Co. Stocks.
Closing prices of Swift ft Co. stocks at
Chicago were reported by Overbeck &
Cooke Co. of Portland as follows:
Swift ft Co 105
Swift International 7
Libby. McNeil ft Libby 12
National Leather 9
Election returns, Orphenm tonight.
Two shows, 7:30 and 10 P. M. Adv.
Are Railroad Stocks
Selling Too High ?
ETver since tha increased
freight rates want into effect,
the rails listed on the X e w
York Stock Exchange have
been advancing, and many
people are wondering; bow
much further they will $ro.
Thla is an interesting; ques
tion, and Its answer is gov
erned by the ability of the
roads as a whole to operate
profitably under existinc; con
ditions. And the outlook in this
-connection is summed up in an
article appearing in our
Market Review ,
In addition to covering; the
railroad situation, the current
issue of this publication, which
will be sent free upon request,
contains a complete analysis
of the following- roads:
Pittsburgh & West Virginia
St. Louis-San Francisco
Chesapeake & Ohio
Southern Railway
Great Northern
Union Pacific -
Ask for.PC-54
E. M. Fuller & Co.
Members of
uoasslidatsd btook axoaaaga of 1. Y.
SO Bread St, Now York.
New Yrk Newark Clsveaad
ffcir.ge Boea
IDIrret Rrtrmt Wrst
IPlYMENTJ 7a I
WHEAT UPTURN MODERATE
SHORTS REVERSE POSITIOX
0 EXPORT TALK.
Sales for Foreign Account Are Xot
Irfirge; Receipts Are Expected
- to Be Liberal.
CHICAGO, N. 1 Burying en the part
af houses with seaboard coanectiona led
to a moderate op turn la wheat values to
day, after the market had been, depressed
during- moat of tho season. Pricea closed
nrm at the same as Saturday's finish to
lc higher, with December 2.092.1d
and March f2.O22.02. Corn closed c
net lower to c advance and oats varying
from c decline to c gain. In pro
visions the outcome was a decline of 17
22 c.
Wheat showed soma strength at tha out
set, but there was a lack of sustained
support and a reaction ensued chiefly as
a result of speculative selling based on
talk of liberal receipts. Export clearances,
howerver, were large and no great desire
was shown to press the selling side of
the market- Shorts were quick to re
verse their, position when late la the day
some signa of dfemand from the seaboard
appeared. On the other hand new ex
port business was aaid to total only 200,000
bushels.
Corn and oats failed to reflect the rally
In wheat.
Provisions, although dull, were higher as
a result of an upturn in the hog market.
The Chicarfo market letter received yes
terday by Overbeck & Cooke company of
Portland said:
Wheat Market was a listless affair with
the trade largely in way of evening up
contracts over the holiday. News was
mainly of a bearish tenor including large
receipts at Kansas City, the center of the
farmers holding campaign, and Inactive
milling demand for domestic grain and in
creasingly persistent claims that Canada
will continue to ship wheat to thia country
in good volume. port demand was said
to be at a standstill and many well-posted
authorities expressed the view that for
eign buying had about reached its peak
and Europe will use home-grown wheat
for some time. X cable from Paris re
ported the arrival of a cargo of barley
from south Russia, the first since 1915,
and expected to be followed by the receipt
of several vessels loaded with wheat. For
the Immediate future, the export situation
must be the dominant factor, as the with
drawal of support of that sort empha
sizes tho bearish position of Canadian
wheat in ttlis country.
Corn Started strong, but outside power
failed to appear In sufficient volume to
absorb the offerings. General news was
of a mixed character, the arrival of a few
ears of old corn, which sold at several
cents discount, being offset by a good ship
ping demand both for domestic and Can
adian account. Receipts were small and
cash prices e to c higher with pre
miums firmer.
Oats Showed only temporary strength
and turned weak later in the day under
pressure of selling by elevator interests
and the northwest which was considered
indicative of sluggish shipping demand aa
well as Increased pressure of northwestern
oats on the market.
Rye Ruled independently weak. in
fluenced by an easy cash market, absence
of export buying and additional reports
of exporters trying to resell. No. 2 rye
offered for first half November shipment
at 18 cents over December price, track
New York, or 2 cents lower than Saturday.
Leading futures ranged as follows;
WHEAT.
Open. . High. Low. Close.
Dee f2.09 $2.10 2.07 t2.09
Mar 2.04 2.04 1.99 3.02
CORN.
Dee. S!i .65 .84 .84
May 90 .00 .89 .90
OATS.
Dec B5 .55 .64 .54
May 00 .00. .60 .00
-MESS PORK.
Nov 22 0 5 23.00 22.155 23 00
Jan 25.00 25.35 25.0O 5.35
LARD.
Nov..... 19.00 19.10 18.90 18.90
Jan 16.42 10.05 18.40 10.55
SHORT RIBS.
Jan 13.80 14.00 13.77 14.00
Cash prices were as follows:
Wheat No. 3 red, $2.19.
Corn No 2 mixed, t090c; No. 2
yellow, 9092c.
Oats No. 2 white, 6556c: No. 3
white, 5354c.
Rye No. 2. $1.70(91.-78.,
Barley 95c1.05.
Timothy seed 9Kfi6.50.
Clover seed $126 20.
Pork Nominal. -
Lard $19.05.
Ribs $14.60(3115.75.
Kaatern Grain. Markets.
MINNEAPOLIS, Nov. 1. Barley, 80c
$1; flax. No. 1, 2.72t2.74: wheat
closed, December, $2.04; March, $2.06 bid.
WINNIPEG. Nov. 1. Wheat closed: No
vember, $2.28; December, $2.13; May
$2.19.
DITLUTH. Nov. 1. Linseed on
$2.73; to arrive, $2.73.
track.
ST. LOUI3, Nov. 1. Wheat. 1c higher.
KANSAS CITT, Nov. 1. Wheat, un
changed to 2c lower.
' Grain at San iTancisco.
SAN FRANCISCO, Nov. 1. Grain
Wheat. 3.508.75; barley, spot, feed. $2.03
2.15: oats, red, feed, $2.42.65; corn,
white Egyptian, $33.05: rye, nominal.
Hay Wheat, fancy, $28 20: tame oats.
f'J-4 's'-T: wild oats, $1820; barley, $17
20; alfalfa. $2225.
Seattle Grain Market.
SEATTLE, Nov. 1. Wheat Hard white.
soft white, white club, hard winter, red 1
winter, northern spring and eastern Walla. '
' New Issue
We own and offer' the unsold portion of
$252,000
Gity Casp
Wyoming:
6 Bonds
DATED September 1, 1920
Principal and semi-annual Interest (March 1 and Septem
ber 1), payable at the office of the City Treasurer, Casper,
Wyo., or through the offices of Freeman. Smith & Camp Co.
Denomination $500
Yield
about
7.61
7.00
6.75
6.62
6.63
$28,000 September 1, 1922
28,000 " 1923
28,000 " . 1924
28,000 " . 1925
28,000 " 1926
Population. 1020 Census, 11,447
Legality approved by Teal Minor & Winfree, Port
land, Oregon. Exempt from all federal Income
taxes. Legal investment for Oregon savings banlis.
PRICE 97.50
and accrued inter-
est for any matur
ity, to yield about
Income tax exempt. Wire orders "collect." Cash -or partial pay
ment plan. Ask: for circular O 78.
Second FldorStW Main 64-6
NORTHWESTERN BANK BLDG.
$2; red Walla, $1.85; Big Bend bluestem,
2.20.
Feed Scratch feed. $7T ton; feed wheat.
79; all grain chop, $62: oats, $57; sprout
ing oats, $62; rolled oats. $09; whole corn.
$58; cracked corn. $00; rolled barley.
$00.
Hajf Alfalfa, $29 ton: double compressed
alfalfa, $33-: ditto timothy. $42; eastern
Washington mixed. $36.
Coffee Futures Lower.
NEW YORK. Nov. 1. The showing of
Brazilian .cables was evidently a disap
pointment to some of Saturday's buyers
and the market for coffee futures here
opened at a decline of 10 to 31 points.
Active positions sold S3 to 8S points net
lower during the morning with March de
clining to 8.60c, but the reaction was
checked at this level by renewed covering
for over the holiday tomorrow and March
rallied to 8.84c in the later -trading. That
month closed at 8.7-Oc with the general
list closing at a net decline of 19 to 25
points. December. 8.04c; January. 8.25c;
March, 8.70c; May, 9.01c; July. 9.50c; Sep
tember, 9.50c.
Spot coffee was quiet and nominal. Rio
7s, 88c; Santos 4s, 1111C.
Kastens Dairy Produce.
NEW YORK, Nov. 1. Butter, steady;
creamery higher than extras, 62O03c:
creamery extras, 61 62c; creamery
firsts,, 4760c
Eggs, firm: fresh -gathered extra firsts,
Tl72c; fresh-gathered firsts, 60 S 70c.
Cheese, irregular; state whole-milk flats
held specials, 262Sc; state whole-milk
flats current make specials, 23?24c; state
whole mdlk twins held specials, 2627c.
CHICAGO. Nov. 1. Butter, higher;
creamery, 40 61c
Eggs, higher. Receipts. 2552 cases;
firsts. 60 61c; ordinary firsts, 53 55c: at
mark, cases included, 525Sc; standards.
63 64c; storage packed firsts, 64rj65c;
refrigerator firsts. 4648c
Metal Market.
NEW YORK. Nov.- 1. Copper, dull.
Electrolytic, spot and fourth quarter, 14
& 15c.
Iron nominal.
Tin easy.- Spot and nearby 39.62o; futures
42.50c.
Antimony, 6.37c.
Lead easy. Spot, 6. OOc.
Zinc steady. East St. Louis, spot, 8.70
07.00c
Naval Store.
SAVANNAH, Ga., Nov. 1. Turpentine
steady, $1.23; sales, 107 barrels; receipts,
24S barrels; shipments, 137 barrels; stock,
21.433 barrels.
Rosin firm, sales 2S3 barrels; .receipts,
1200 barrels: shipments, 1606 barrels; stock,
55.781 barrels. Quote: B, D, E, F. G. H, I,
$11.35; iv, $11.40; M, N, WG, WW, $11.45.
Dried Fruit at New York.
NEW .YORK, Nov. 1. Evaporated ap
ples neglected; Californlas. 94f11c; state,
S13c.
Prunes irregular, Callfornias, 823c;
Oretrons, loc.
Peaches quiet: standard, 1618c; choice,
18c; fancy, li'21 c.
Hops, Etc., at New York.
" NEW YORK. Nov. 1. Hops Quiet: state
1920, 60 55c; 1919. 4045c; Pacific coast
1920, 47051c; 1919, 45&43C.
Hides and wool unchanged.
HENS LAY 312 EGGS YEAR
Seattle and Tekoa Chickens Tie for
Atfw Xortbwest Record.
TACOMA. Nov. 1. The northwest
egg-laying record has been broken by
)ntA Vianu ...A.lni, r. - aii r, onm a n t
V . V ttOttO, 1.1 VS, AMl& V J .(..VU.. .......... ...
of the Pjjyallup experiment station
louay. me twu ueiw, ownua oy res
idents of Seattle and Tekoa, laid 312
eg-gra each during the year ending
yesterday. .
The previous official northwest rec
ord was 311 eggs in a year. .
Breeders to Auction Stock.
CHEHAIJS, Wash., Nov. 1. (Spe
cial.) The first auction sale to be
Bonds
Preferred Stocks
Acceptances
Send for our list of invest
ment offerings containing
carefully selected issues
which we recommend.
Ask for Circular OR-058
The National City
Company
Correspondent Offices in
More Than 50 Cities.
Portland Yeon Bldg.
Telephone Main 6072
MATURE Serially
Yield
about
6.46
6.41
6.38
6.35
$28,000 September 1, 1927
28.000 " 1928
28,000 " 1929
28,000 " 1930
6.35 to 7.5 i
as
shown
above.
TWO CHOICE CANADIAN ISSUES
Yielding Y34 and 9
Exempt From All Dominion
I Government Taxation.
"
CITY OF EDMONTON
PROVINCE OP ALBERTA.
6 CEXERAL OBLIGATION GOLD NOTES.
Dated September 1, 1920. Due September 1, 1922.
Price 95.04; Yield 9
DENOMINATIONS $100, $500 AND $1000.
PROVINCE OF ONTARIO
6 GENERAL, OBLIGATION GOLD BONDS.
Dated October 1, 1920. Due October 1, 1923.
Price 96.68; Yield 714
DENOMINATION $10O0.
Principal and semi-annual interest payable !n IT. S. Gold Coin la
lew Tork City and at the offices of Morris Brothers, Inc.
Telephone or Telegraph Orders at Oar Expense.
MORRIS BROTHERS, Inc.
"The Premier Municipal Bond House,"
Established Portland. Or.. Morris Huililintt. Capital
Over a 3UO-1 1 Stark. Hroatlwav 21ftt. One
Onsrtfr Dther Offices at Seattle, Tacoma, Wash, Million
Century. and Saa Francisco, Ca4. Dollars
hejd by the Washington Holsteln
Breeders' association at Chehalis un
der a new arrangement that has just
been completed will be held at the
southwest Washington fair grounds
north of this city December 9. The
organization has made Chehalis its
headquarters for these sales. At the
coming eale there will be 75 head of
cattle offered, many of them being
A. R. C. cows; also several bred
A Question Leading
Banks Are Asking
One of the largest and most successful banks in the
United States has just written the President of The
American Credit-Indemnity Co., as follows:
"No doubt you will be interested to learn that we
have arranged to incorporate into the forms used
for securing financial statements this query:
"Are your
insurance?
"I submitted this matter to our officers the other
day, at a meeting, and favorable consideration
was immediately accorded it."
Bankers appreciate that it takes more skill to do business
successfullyiwhen prices are falling, as now, than when
prices were increasing And they therefore endorse
precautions that prevent, else pay, bad debt losses
beyond the normal.
A manufacturer or wholesaler carrying the American
Company's Credit Insurance is completely fortified
against abnormal losses on his sales. If you are not one
of our policy-holders, nrw, of all times, you should in
vestigate this broad, protective tervice. Write or phone.
Payments t Policy-holders about $10,000,000.00
AMERICAN CREDIT-INDEMNITY CO.
o NEW YORK E.M. TREAT, president
ISSUBS STANDARD UNLIMITED POi-tCIS
H. T. MacRILL, General Agent,
Board of Trade Bldg.
Phone Main 1179 Portland, Oregon
fi'rr-r-'-" Trr-ni -vrs-i .sirri JT'si
CrbnSSTVaTtaV
a i a
Your bank should
have a history of
careful manage
mentship. Since its
e s t a b 1 i shment in
1892, the Hibernia
has steadily main
tained such a record.
mi
I Would
Like to Locate
in Portland
At present I am living-, in Idaho
and am sales manager for a sub
division realty company at a salary
of $6000 and commissions. Am
married, 34 years old and bava
14 years of sales behind me. Sell--lng
experlerrbe includes Portland
cement, building materials and ad- -rertising.
besides real estate.
Should the firm or Individual who
reads this advertisement have an
opening, a letter addressed to
AV etJ5, care this paper, will be
forwarded to me and I- will come
to Portland for an Interview. I
would request that your communi
cation be as explicit as possible.
heifers. Secretary Winter, 1515 He
witt avenue, Everett, Wash., will
shortly have a catalogue of the sale
for any who may be interested- The
sale is expected to attract buyers
from not only Washington and Idaho,
but many from Oregon and California
as well.
Election returns, Orpheum tonight".
Two shows, 7:30 and 10 P. M. Adv.
accounts covered by credit
HALL & COMPANY
BUT AND SELL.
Railroad
Public Utility
Industrial
Municipal
BONDS
. YIELDING!
5 to 7
Foreign Government Loans
Local Securities
Preferred Stocks
Lewis Bldg., Portland, Or.
Sell Your Ores Now.
We pay high prices for high grade
gold or silver ores, amalgam, con
centrates, bullion, retort, etc. Ship
to us by mall or express in any
amount or quantity. Cash sent you
by return mail. We also buy dia
monds, platinum, new or broken
Jewelry, watches, false teeth. Liberty
Bonds, war Stamps, mercury, mag
neto points, and all valuables. Rood
returned witnin ten days if you are
not satisfied with the amount we
send you, except when refining must
b? done to determine the value. Ship
us now while the high prices are pre
vailing. Small and large shipments
solicited. The Ohio Smelting . Re
fining Co., 228 Lennox bldg.. Cleve
land, Ohio Bank references. Adv.
WE OFFER A COMPLETE
SERVICE
In Designing and Building
Commercial and Industrial
BUILDINGS
ERTZ & WEGMAN
OJKLNKRAI. CONTKAt'TOIUi, ,
51 1'ITTOCK. Ill.K-