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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 18, 1920)
- " THE MORNING 0HEG0JOAN, SATURDAY, DECEMBER 18, 1920 19 7;1 SMALLER GRAIN CHOP IS IN PROSPECT Oregon Winter Wheat Acre age Reduced 9 Per Cent. RYE ACREAGE DECREASES Tall Seeding Nearly Normal Eastern Counties, bat Short or Last Tear West of Cascades. There has been apparently a reduction f about 9 per cent in the Oregon winter wheat acreage and about 13 per cent in the rye acreage, as compared with the seeding of a year ago, reports F. I Kent. Oregon field agent of the United States bureau of crop estimates, ia his crop bul letin. Issued yesterday. An unusually rainy fall prevented nor mal seeding In the western part of Ore gon. In the eastern part of the state, except In Union and Wallowa counties, conditions were very favorable for fall seeding, and both acreage and conditions are nearly up to normal. The winter wheat acreage and condition figures, by counties, follow; Eastern Oregon County- Acres sown. Con. Baker .. 4.000 6110 15 . 62.248 614 76 .. 16.736 . 2,100 . 1.080 .. 1.060 . 86.570 ..12S.475 .200,000 . 17.5HO . 17,752 . 50,000 . 3.852 102 ' Crook ........... Deschutes ........ illliam Grant Jiood River Jeffersrn 1. ....... Klamath Lake lalheur .......... !orrow ........... herman ......... Imatilla t'nion . ...... ...... Wallowa Wasco ............ Wheeler Total Western Oregon: Benton ........... Clackamas Clatsop Columbia ......... Coos .............. Curry Douglas .......... Jackson .......... Josephine ......... Linn .............. Lane Lincoln ............ slarlon ........... Multnomah I'olk . Washington Yamhill Total State total 85 ioo 80 95 03 95 100 100 102 100 100 100 100 100 100 .592.778 100 , .. 5.927 .. 11,725 42 610 60 24 .. T.760 .. 10.981 .. 1,700 .. 10,OO . . U.40O 20 .. 22,813 800 .. 15,818 .. 15.000 .. 14,190 85 81 80 75 95 '90 100 100 90 92 "i 85 80 80 .127.468 .720,246 Average. The rye acreage In Eastern Oregon is 101.378 and In Western Oregon 520o, total of 106,583 acres. The condition of the rye crop in Eastern Oregon Is 98 per cent and In Western uregon au per teui, an average of 97 per cent for the state. FIRMER FEELING IN WHEAT MARKET Local Bids Range From Tnchanged to 13 - Cents Higher. . There was a firmer feeling in wheat circles yesterday, but no Improvement in business, here or In the country. At the Merchants' Exchange, hard white was un changed at $1.65. December soft white was 5 cents higher at $1.60. At $1.63 De cember club gained 8 cents and the Janu ary delivery 13 cents. Northern spring was 5 cents higher and the other grades were unchanged. The extreme weakness of the barley market was shown by the posting of $30 bids for both brewing and standard feed. Oats were dull at $36 for white and $33 Xor. gray. .February, yellow corn was $1 higher at $34.50 bid. j Chicago reports said the British com mission took 150 carloads of winter and Manitoba over night. It was regarded as significant that the export demand should continue brisk after the close of lake navigation. Snow estimated the winter wheat crop at f.80.000.000 bushels. Greece is reported to have purchased f no. 000 bushels of Manitoba wheat through a London house. Broomhall cabled that stocks of wheat and flour In Great Britain including mil lers' holdings. Is 61,400.000 bushels. Native holdings are 24.000.000 bushels, a grand total of 83.400.000 bushels, which, with the oresent Quantities on passage. Is beld to ' be sufficient for home require ments until the middle of April. Terminal receipts, in cars, were reported by the Merchants' Exchange as follows Portland Wheat Barley Flour Oats Hay Friday 54 Tear ago 22 Pea'n to date.SISS Tear ago....4S07 Tacoma Thursday ... 8 Year ago It Sea n to date.soos Year ago 3599 Seattle Thursday ... 9 Tear ago 11 Fea'n to date. 2934 Year ago 3430 ..... 2 8 1 8 2 106 420 283 1106 124 2039 342 891 4 .... 4 S 44 49S 70 610 60 118 642 .... 14 4 4 6 1 165 188 143 989 170 403 415 747 POTATO CROP ESTIMATES RELEASED Total Production la United States Placed at 430.458.000 Bushels. The total potato crop of the United Btates, according to the government's De cember figure is 430.458,000 bushels. The production of the principal potato growing states is as follows: Bushels. Maine New York Pennsylvania ........... Ohio Illinois Michigan Wiscona.n Minnesota Iowa Nebraska Colorado California ltlaho ................... Washington ...22.140.003 ...4tI.25O.OO0 . . . 36.455.000 ...11.500 000 ... 8.77.1,000 . ..35.7-OO.OOJ ...33.264.000 ...2S.025.OOj ...11.440.000 ... 8.415,00'! ...10.1)20.000 ...13.015.000 7,380.000 8.6SO.OOO The Oregon crop was given In the Mo Tember report as 5.500.000 bushels. The federal horticultural board advises that 18 permits were Issued to date per mitting Importation of potatoes from Den mark, as follows: New York city, 10.500 tons and 160.000 bags; New Orleans, 7500 tons' and 100.000 bags; Savannah, 13.000 bags. ' EGG PRICES ARE ON DOWN GRADE Tone of Butter Market Steadier Because . of California Advance. The egg market was easier. Selling prices were generally cut to 63 cents for selects and 62 cents, for candled ranch. Buying prices were reduced, wltn some dealers offering 65 cents net Portland to country shippers. The butter market was steady with a food movement in top grades of prints Sellers of cubes held extras at 54 cents. . .Poultry was In fair supply and quoted steady to firm with an active demand. Dressed veal was ateady and unchanged, but hogs dragged NAYEL ORANGE PRICES ARE LOWER Large Sixes Are Scarce and Will Soon Command Premium. - " Nine ears of oranges were received yes terday. The market was easier and prices quoted lower with navels offered at 3.50jjf 4.50 according to alzerl As the crop is running to small sixes it is probable that a premium will be quoted on 126's in the coming week. With cranberries cleaning np closely, prices have been advanced to $33 a barrel ss the best eastern grades. - . Sugar Drops M Cents, i Thar was a 90 cent decline In sugar yesterday u ths result of a similar drop In refinery prices. Cans granulated I now quoted at 19 a hundred and beet at $8.80. . NEW YORK, Dee, 17. Raw sugar $4.63 for centrifugal. Refined fine granulated, 18.25; one refiner quoting 17.80. a new low record for the year. Sugar futures closed easy; sales 800 tons; January $4.19, March $4.8. May $4.6; July $4.67. Oregon Apples at New Yerk. At the New York fruit auction. T56 boxes of Oregon 8pltsenbergs, extra fancy sold at $3.2583.73 for large and 1 1.45 2.90 for small to medium sixes. Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland 16.037,997 $t.70.043 Seattle 8,258.608 4.0M.4!)5 Tacoma 728.018 60.039 Spokane 2,196.933 952.S40 in PORTLAND MARKET QUOTATIONS Grain. Flour, Feed. Eta. Merchants' xchange. noon session: iiia- Wheat Hard white Soft white White club Northern spring .... Red Walla Oats No. 2 white feed.... No. 2 gray. . . . Barley ' Brewing Dee. .$1.65 . l.0 . 1.63 . 1.55 . 1.50 Jan. $1.65 1.60 1.U3 1.55 1.50 Feb. $1.65 1.60 1.63 1.55 1.50 36.00 83.00 ..so.no ..30.00 ..34,50 80.00 80.00 30.00 80.00 Standard .feed . Corn No. 3 E. Y. shipment 84.25 34.011 84.50 84.00 fluuh family patents. .; u. $8.75; valley, $7.25; whole wheat. $8.20; graham, $8. MILLFEED Prices f. o. b. mill: Will run. $37 per ton; rolled barley. $3254: rolled oats. $52; scratch feed. $65 per ton. CORN Whole, $50; cracked, $33 per ton. HAY Buying prices, f. o. b. Portland: Alfalfa. S-204ij21 nep ton: cheat. $22&23; clover, $20; valley timothy. $2728; east ern Oregon timothy, $30. Dairy and Country Produce, . BUTTER Cubes, extras, 49050a per lb.: prints, parchment wrapped, in box lots, 53c per pound; cartons, 64c; half more; butterfat, buying price, 4G58e per pound at stations; 50c Portland delivery. EGGS Buying prices, case count 55057c Jobbing price to retailers, can dled ranch. 82c; selects, 65c; pullets, 61c CHEESi: Tillamook, ' triplets, price w jobbers f. o. b. Tillamook. 30c POULTRY Hens. 20&28e; springs, 25c: ducks, 25 & 35c; geese, 25c; turkeys, live. 8ec; do dressed, choice. 50c. PORK Fancy, 15c per pound. - VEAL Fancy. 16c per pound. Fruits and Vegetables. FRUIT Oranges, navels, $3.504.50; Japanese. $3 per bundle: lemons. $3,760 $5.23 box: grapefruit, $48 per box; ba nanas, 1213c per pounu; grapes, i 20c per pound, $5.25 lug: huckleberries, 1822c per pound; cranberries, coast, $6 per box; eastern, $20 22 per barrel; ap ples, $191.30 per box; pears, $2.50 per box. VEGETABLES Cabbage, l"i2He per pound: lettuce, $33.50 per crate; cucum ers. $1.752 per dozen; carrots. $1.50 1.75per sack; garlic. 25c: tomatoes. $3.75 4 per lug; beets, $1.5002; sack; eggplant. ! 2c pound; cauliflower, J1.60JJ2 per aos.. celery, $55.25 per crate; green peppers, 1720c per pound; sprouts, 17Vc per pound; squash, 2Vic per pound; pumpkin, 2c per pound. POTATOES Oregon. $1.5001.76 per 100 pounds; Yakima, $2.2502.50; sweet pota toes. 5H06C per pound. ONIONS Oregon, $1.2501.50 per sack; California brown, $1.7502 per sack; Cali fornia yellow, $1.75 per sack; Spanish, $6.60 0 7.60 crate. Staple Groceries. Local jobbing quotations: SUGAR Sack basis: Cane granulated 9c per pound: beet, 8.80c per pound. HON Is Y Walnuts. 22028c; Brazil nuts, 85c; filberts, 21025c; almonds, 26 030c; peanuts, 9014c per pound; cocoanuts, $2 per dozen: pecans, 82035c; chestnuts, 25 035c pound. RICE Blue Rose, 9S per pound; Ja pan style, 7c per pound. BEANS Small white, 6c; large white. 6c; pink. 714c; lima, 10c; bayous. 1214c red. 7'c per pound. COFFEE Roasted, bulk; drums, 310 41c per pound; sacked, 22 0 27c per pound. SALT Granulated, bales. S3.5O04.25 half ground, ton, 60s, $19.75; lUOs. $18.25; lump rock. $26.50. OUs. LINSEED OIL Raw, barrels, $1.01; drums, $1'.08; cases, $1.16. Boiled, barrels. 11.1)3: drums. $1.10; cases, 11.18. TURPENTINE Tanks. 1.41: cases. 11.56. N coal OIL Tank wagons ana iron bar rels, 17Hc; cases, 30037c. FUEL'OIL Bulk. $2.33 per barrel, GASOLINE Tank wagons and iron bar rels, 29c; cases, 4 Hie. . Hides. Pelts. Etc HIDES Salt hides, all' weights, e per pound: green hides, all weights. 5c; salt bulls, all weights, 5c; green bulls, 4c; calf skins, green or salt, 8c; kip skins, green or salt, 7c; dry hides, 12c; dry salt hides. 9c; dry calf. 15a Above prices for country hides and skins. Prices for city skins and hides follow: Calf skins, 10c per pound; kip skins. 8c: city packer hides, green. 6c PELTS Salt pelts, full wool, 25040c each; dry long wool pelts, fine, ic lb.; dry long wool pelts, medium, 6c lb.; dry long wool pelts, coarse, 4c lb. , TALLOW No. 1. 6c: No. 2. 4o per lb. CASCARA BARK 1920 peel. 8c per lb. - WOOL AND MOHAIR Nominal. HOPS 1920 crop, 25031c per pound. SAN FRANCISCO PRODUCE MARKET Prices Current en Vegetables, Fresh Fruits, Etc., at Bay City. ' SAN FRANCISCO. Dec 17. Butter Extra grade, oOo; prime firsts. 4Sc. Eggs Fresh extras, 69c; extra firsts, 67c; extra pullets, 64c; undersized, 62c Cheese Flats, fancy, 80c; firsts, 25c. Vegetables Eggplant, southern. 7H09c: summer squash, 75C01.25; potatoes (street prices, rivers. $1.6001.75; Sallna. $3.25; sweets, $4.2504.35 ctl.; onions. Australian brown, 75$ Sic; white, $1.5001.75; green onions, $101.25 lug; beans. 15 0 20c; lima, 1O012HC; bell peppers, bay, lug, 75Oc; tomatoes, $202.50; cucumbers, San Diego, $1.5002.25; celery,, crate, $1.5002.50; gar lic, 7010c; cauliflower, HOC SI dozen; cab bage, lc per pound; peas, southern, small, 12te17c; large. 15018c; rhubarb. $2.25 02.75: sprouts. 5$6c; lettuce. $1.5002: artichokes, 7Oc0$1.25 dozen. Poultry Hens, 3032c: strictly young roosters, 30 0 33c: old. 21022c; fryers, 37 042c; broilers, 5O0o5c: ducks, Pekln, 30 0 35c: squabs. 65 0 70c; Belgian hares, live. 24027c; turkeys, dressed, 50 0 52c; pigeons, $308.75; geese, 32035c. Fruit Navel oranges, $3.5005; lemons. $2.5003.75; iemonettes, $1.50 0 2.00; grape fruit, new crop, S2.oO03; Arizona, $3,500 4.25; limes, $1. 5002.25 . half orange box; tangerines, $303.50; apples. Bellefleurs, $1.500 2; pears. Winter Nellis, $204; bananas, 9 011c; cranberries, Oregon, $6; dates. 19022c. Receipts Flour, 660 quarters: barley. 78.818 centals; oats, 1200 centals: beans. 2281 sacks; corn, 75 centals; potatoes. 7262 sacks; onions. 71 sacks; hides. 250 rolls; livestock, 640 head. - Coffee Futures Market Rallies. NEW YORK. Dec. 17. Yesterday's break In new low ground for the season was followed by rallies in the coffee futures market here today. The official oabiea showed unsettled conditions In- Brazil, but they bad apparently been discounted by the. lower cost and freight offerings of the previous day and some attention was attracted by rumors that, notwithstanding reports to tne contrary, .Brazilian loan negotiations were still pending. The ad vance in sterling also was a factor on tha rally which carried March contracts up to 6.96 or 45 points above the low level of yesterday. The general market opened at advance of 6 to 10 points and closed at a net advance of 16 to 20 points. Closing bids: December, 6.22c: January, 6 35c; March. 6.82c; May., 7.19c; Juiy, 7.51c; September. 7.74c: October. 7.84c. Spot coffee quiet. Rio. 7s, 6 06c; San tos, 4c, 9 010c. Dairy Produce Market. ., SEATTLE, Dec. 17. Eggs Select local ranch white shells, 58c; pullets, 62c; stor age, 55c. Butter City creamery In cubes, 52c; bricks or prints. 53c; seconds In cubes, 46c; bricks. 47c; country . creamery extras cost to Jobbers in cubes. 50c; storage, 47c. NEW YORK, Dec 17. Butter, firmer; creamery higher than- extras, 5i0S6e; extras. 55c; firsts, 43 0 53c Eggs Steadier; fresh gathered ex tra firsts. 75c firsts, unchanged. Cheese irregular, unchanged. ' CHICAGO. Dec 17. Butter, nncbanged. Eggs Lower; receipts, 723 eases; firsts, 6S069c; ordinary firsts, 60064c; at mark, cases included 68064c; refrigerator firsts, 660 57a. , ' Metal Market. - ' NEW YORK. Dec 17. Tin steady. Spot and nearby. 84.0Ouc: xutures, S5.sO038.75a Other metals unchanged. OTHER SPECULATIVE ISSUES ALSO UNDER PRESSURE. ' Average Prices Lowest In Final Dealings Demand for Bonds Decreases. .. ' NEW TOBK. Dec 17.-peeulatiT ls- les of the mors vulnerable class were singled out for further price deflation tn the stock market today, their weakness being attended by developments which stressed with Increased force the prevail ing reaction in trade and industry. Foremost among these stocks were those comprising the sugar group, in which gross losses of 2 to 8 points were precipitated Dy tne passing of the common and pre. ferred dividends on Santa Cecilia and de cllnes in the quoted price of the refined proaucc Heaviness accompanied the trading In coppers, independent steels, excepting Cru- cioie, ana several of the oils, shippings, utilities ana textiles, as well as miscel laneous shares of the type represented bl Sears-Roebuck, rumor associating these and affiliated issues with prospective ai vidend revision or susoension Average prices were lowest in the final dealings on the relative - firmness of call money, which ruled throughout the session at 7 per cent. Sales were 675.000 shares Foreign exchange offered 'the one 'inter esting feature of the day, the British rate rising to highest quotations in almost three months on buying of sterling bills for year's end adjustment of payments in i.onaon The investment demand for bonds fell away, with consequent easing of prices lor most domestic Issues, Including the liberty group. Total 'Sales, par value. $23,875,000. Old United States bonds were unchanged on call. Last h, Low. . sale. 38V4 SO1 1 2214 22 , 120 122 26 30 36 3ti' 81 81-14 39 3U 83 84 6S 6S 97 98 60 61 6 6 85 83 79 79 106 107 tt 86 87 82 32 51 61 8 8 23 23 112 112 35 S3 73 73 65 65 ' 26 2ti 65 6.1 25 25 18 18 26 26 64 64 79 80 17 17 12 12 118 119 13 13 72 72 82 82 29 29 48 48 12 12 48 , 4S . IS 18 16 10 98 98 160 16" 15 13 11 12 80 80 17 17 8 8 68 68 15 15 97 97 70 76 3 S'4 75 76 39 89 29 29 11 11 82 S2 68 59 57 58 38 3014 23 23 97 95 20 20 103 103 89 40 42 42 17 17 49 50 7 7 114 114 18 18 63 63 . 61 81 61 61 T8- 78 105 105 48 48 82 82 41 41 5 5 Sales. Am Beet Bug 4,600 American Can 2.700 Am Car & Fdy 2.900 Am H & L Pfd 3.000 . Am Inter Corp 4.500 American Loco 1.100 Am Smt & Rfg 3.600 American Sug 7,600 Am Sum Tob 400 Am Tel sV Tel 3,800 Amerl Woolen 14,100 Am Z L & S 700 46 V, 23 "4 12214 3SV4 37 li 40 8614 6814 98 6214 4 865, SO MS 8714 32 52 8 24 1124 351s 74 S6K 2714 67 2514 18 26 74 65 S3. 19 13 119-4 1314 7314 S3 8014 4914 12 49 38-4 1714 98 163 1514 1214 3034 1714 e i4 67 77 314 714 40 30 11H 83 5914 5SH 39 "4 23 88 21 103 4014 42 1714 60 7H 115 "4 18 64 .42 6214 79 106 49 83 4 411 5 Anaconda Cop Atchison .... Atl Gf si W In Baldwin Loco Baltl & Ohio Bethle Steel B But & Sup Cop Cal Petroleum Canadian Paci Centrl Leather Chandler Mtrs 8.000 8,900 1,700 7,000 5.100 5.200 1.600 1,500 1,600 500 2,800 1.300 4,000 4.900 8.300 1,600 500 5,000 Chesa & Ohio Chi Mil & St P Chic' go N W Chi Bli Pao Chino Copper.. Colo Fl & Iron Corn Products Crucible Steel 19.400 Cuba Cane Sug 2,000 irie 1.300 Generl Electric 3,000 Generl Motors 21,300 Grt North Pfd 6,000 Illinois Central 3.900 Inspir Copper Int Me Ma Prd Interna Nickel Interna Paper Kan Cty South Kenne Copper Louis & Nash 6.600 8.600 3.700 900 1.400 6,300 200 tMexican Pet 10.200 Miami Copper 1,300 Mid States Oil 6.600 Midvale Steel 5.500 Missouri Paci 1,400 Nevada Copper 3,300 New York Cen 8,700 N Y N H 4 H 10,200 Nor 4 Western 1,600 Northern Paci 4.400 Ok Prd at Rfg 3.300 fPan-Ain Pet 6,200 Pennsylvania.. 9,500 Pitts & W Va 2,600 Ray Con Cop 1.600 Reading ..a.. 7.600 Rey Ir & Steel 10,900 Royal D N Y 8.300 Shell Tr & Td soo Sin Oil & Rfg 10,300 Southern Pac 10,000 Southern Rwy 4,500 SO N J Pfd 900 Studebak Corp 10,200 Texas company 9,400 Texas 4 Paci 400 Tobacco Prdts 500 Transcontl OH 8,300 Union Pacific 6.700 U S Food Pdts 700 U S Ind AlchI 4.000 U S Rti Stores 8,400 U S Rubber.. 4.300 U S Steel. .. 20,000 rr s steel Pfd 1.700 Utah Copper. . 3,600 Western Union 1,000 West Electric 2.800 Wlllvs - Overld 3,000 tEx-dlvidena. BONDS. TJ S Lib SMB. ..89.96: A T & T cv 6s. 93 do 1st 4s. . . .nd.noAlcn gen es 74 do 2d 4s. . 8.1.00' D 4 R G Con 4s 63 do 1st 4s. ..85.80IN Y C deb 6s.. 90 do 2d 4 14S. ...."Mo, f a do 3d 4 lis 87.50.N P 3s do 4th 4s. ..85.50Pac T 4 T 5s., Victory 3s ...95.00jPa con 4s.... do 4s 95.00IS P cv 5s TJ S cv 4s cpn.'105iSo Ry 5s Pan 3s reg....'S U P 4s do coupon ...90 U S Steel 6s... 74 54 80 88 T .83 80 0 Offered. ' Mining Storks at Boston, BOSTON, Dec. 17. Closing quotations Allouez 18 North Butte ... 9 Ariz Com 6 Old JDom 15 Calu 4 Ariz... 42 Osceola 22 Calu 4 Hecla.,216 Quincy !.. 36 Centennial .... 6 Sup 4 Boston. .1 5-16 Cop Range .... 24 Shannon 75 East Butte ... 7 Utah Con 4 Franklin 2 Winona 40 Isle Royalle ... 26 Wolverine 9 Lake Copper... 1 Greene Can ... 18 Mohawk 43 Money. Silver, Etc, NEW YORK, Dec. 17. Prim mercan tile paper, unchanged. Call money steady. High. 7 per cent low, 7 per cent: ruling rate, 7 per cent closing bid, o per cent; ottered at 7 per cent; last loan, 7 per cent. Time loans firm, unchanged. Bar silver, domestic, unchanged; for eign, 64c Mexican dollars, nncnangea. LONDON. Dee. 17. Bar silver. 41d per ounce. Money ani discount, unchanged. Foreign Bonds. Foreign bond quotations furnished by the Overbeck 4 Cooke company of -Fort- land: Bid. .. 8 ... 7 Ask. 12 10 15 65 52 42 Russian 5s, llttl Russian 5s, 1926 Russian 6s, 1919 Currency French 5s. 1931 ... French 4s, 1917 ... French 5s. 1920 ... Italian 5s. 1918 ... British 5s, 1922 ... British 5s, 1927 ... British 5s, 1929 ... British vky 4s ... British ref. 4s .... Belgium rest 5s ... Belgium prem. 5s . German W. L. 5s . Ber.ln 4s , Hamburg 4s Hamburg 4s ..... Leipsig. 4s Leipzig 5s Munich 4s , Munich 3s ......... Frankfort 4s 12 55 50 4 58 28 60 30 ..... 857 .336 847 ..337 ..245 ..225 -.. 55 ..61 .. 10 .. 11 .. 13 .. 13 .. 13 .. 12 .. 12 .. 13 ...J4 .. 55 .. 74 .. 74 ,. 93 .. 97 .. 94 .. 88 .. 82 348' 265 242 58 63 12 13 15 15 J5 14 V 16 56 75 75 93 97 94 88 83 Jap 4s ', Jap 1st 4s , Jap 2d 4s Paris sixes ........ U K 5s. 1921 U K 5s. 1922 U K 5s, 1929 ..... U K &s, 1S37 Foreign Exchange. - Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted is the equivalent in United States dollars: - Country Foreign unit . Austria, kronen .......... Belgium, francs Bulgaria, leva Czecho-Slovakia. kronen Denmark, kroner . .... England, pound sterling , Rate. $ .0026 .0648 .0122 .0120 .1518 3.5400 .0245 0612 .0144 .075.1 .3158 .0222 . .03fiO .0071 .1500 .1180 .0120 .0275 .1320 .2000 .1527 .6511 .7530 .4973 Finland, immarK France, francs Germany, marks Greece, drachmas ,. Holland, guilders Hungary, kronen i.... Italy, lire Jugo-Slavla. kronen Norway, kroner Portugal, escudos Rournanla. lei Serbia, dinars Spain pesetas Sweden, kroner Switzerland, francs China Hongkong, local currency. Shanghai, taels Japan, yen NEW YORK, Dec. 17. Exchange strong. a. : I A mm a r. H ..hi.. O low I Francs, demand, 8.07; cables, 8.09. el- ) iranca, aemana, 0.00; wwico, w- Guilders, demand, 31.42; cables, 81.52. Lire, demand 8 54; cables, 8.56. Marks, demand, 1.39; cables, 1.40. Greece, demand, 7 45 New York exchange on Montreal, 14 13-16 per cent discount. . ' Sterling declined In the lata dealings; demand, 8.51; cables, 3 51. SIGNS OF TRADE IMPROVEMENT Change for Better la Textile and "Leather Branches, NEW YORK, Dec 17. Don's tomorrow will say: The signs of betterment In business. If outnumbered by the unsatisfactory fea tures, are becoming more distinct. A change is seen in certain primary textile branches where the movement Is freer. and some buyers in the leather trade are showing renewed interest. Whether the Indications of imorovement mark a deft nite turning point in the lines affected Is not clear at the moment, but the symptoms are encouraging. That a solid basis for recovery exists Is a conviction strengthened by the week's crop estimates, disclosing unusually aouna ant harvests, and the powerful banking resources and better transportation facili ties are Important constructive factors. Weekly bank clearings were $7,896,- 1S0.43L Swift Co. Stocks. Closing prices of Swift Co. stocks at Chicago were reported by the OverbGck 4 Cooke company of Portland as follows: Swift 4 Co 100 Swift International 26 Ltbby, McNeill 4 Llbby 11- National Leather 7 SMALL BUN AT YARDS OXLT OXE LOAD OF LIVESTOCK IS RECEIVED. Market Is Steady and Prices Un changed in Absence of Much Business. There was a very small run of stock at the North Portland yards yesterday and, therefore, not enough business to war rant any changes In prices. The quality of the stock available did not warrant the paying of full quotations. Receipts were 13 cattle, 8 calves and 19 hogs. ' The days sales were as follows: Wl Price. wt Price. 7 cows ..1118 $ 7.2.5 1 hog .. 190. 10.001 1 cow .. 450 5.50 2 hogs. .. 230 8.00 1 cow .. 860 3.00 1 cow .. 850 4.50 4 cows .. 780 '2.00 2 cows .. 910 3.00 3 calves 173 4.001 Scows .. 805 8.00 2 cal ... 195 6.00 1 bull ..1150 j 4.00 lcalf .. 80 10.00 7 hogs .. 194 9.75 2 hogs . 533 7.25 8 bogs .. 213 9.50 2 hogs .. 245 9.3' 5 hogs .. 11B 9.00 1 hog .. 370 8.00 1 cow .. 870 6.00 7 hogs... 214 10.00 2 cows .. 905 8.50 11 hogs .. 96 8.50 6 hogs .. 239 9.75 10 hogs... 69 10.00) 3 hogs .. 426 9.50 4 hogs ... 125 9.00 The following prices are current at the local yaras: cattle Price. Choice grass steers.... Good to choice steers... .$"8.50 8.73 . 8.00 0 8.50 . 7.50 0 8.00 Medium -to choice steers Fair to good steers - . 7.00 0 7.50 Common to frftr steers ; Choice cows and heifers Good to choice cows, heifers. . Medium to good cows, heifers. i 6000 7.00 . 6.500 7.00 . 6.OO0 6.50 .6.500 6.00 5.000 550 ratr to medium cows, heifers. Common to fair cows, heifers. 4.OO0 5.00 Canners Bulls Choice dairy calves ........... Prime light calves ........... . 2.500 3.50 6.00 0 6 00 32.OO013.OO 10.0i)12.00 Heavy calves OUURS 7.0O Best feeders .... Hogs Prime mixed .... Smooth heavy ... Rough heavy .... Fat pigs Feeder pigs Sheep East-of-mountain Valley lambs .... Feeder lambs ... Cull lambs Light yearlings ... Heavy yearlings ., Wethers ......... Ewes 5.75 0 6.7b 9 50010.35 9.25 0 9 7.00 0 8.33 8.500 9.35 7.50 0 9.00 lams.... 7.000 8.00 6.00'cr 7.00 6.000 oVtiO 5.0O 6.00 7.00 5.00 600 6.01 LOO0 4.00 Chicago Livestock Market. CHICAGO, Dec. 17. Cattle, 9000; trade uneven, all classbs around steady; beef steers, $.7011.00; about 300 Canadians on saie. bulk vealers. S909.OO; canner cows, mostly $2.7503; demand for bologna bulls narrower. Hogs. 27.000. active, lights. 25 to 83c higher; others IS to 26c higher than yes terdays average top, one load, $9.o0; butchers, $9.1509.35; . pigs, mostly 25c higher; bulk to desirable, 90 to 130-pound Dies. (9.4O0 8.50. Sheep. 11,000. fat lambs. 25 to 50c lower. Top, $10.75 to outsiders; sheep, 15 to 25c lower. Good ewes. $4.35; yearlings, 75o to $1 lower; choice 95-pound yearlings, $8; no leeder sales. Omaha Livestock Market. OMAHA. Dec 17. Hogs, 5000, active mostly 25c higher; bulk medium and light outcners. (s. i Jti 8.00. top, ss.ej; duiK, strong weight and packing grades, $8.60 USUI. Cattle, 1100; beef steers and butcher cattle, slow sales; packers about steady; stockers and feeders dull. Sheep, 7000; sheep and lambs, 50c $1 lower; bulk heavy lambs. $8 0 8.50; bulk, handywelght and light, $8.50 0 0; top, $8.25; top ewes, $3.75; feeders slow, best feeder iambs; (8.73. . ' Seattle Livestock Market. SEATTLE, Dec. 17. Hogs Receipts none. Weak. Prime, $10.25 0 10.75; smooth heavies, $9.25010.23. rough heavies, $7.25 07.75: pigs. $8.50010. Cattle Receipts, 110; weak. Prime steers $8.5009; medium to choice, $708; com mon to 'rood. $506.50: best cows and heifers, $6.250 6.75; medium to choice, $5 06: common to good. $3.5O0o: bulls. $4 05.50; calves. $6013. Kansas City Livestock Market. KANSAS CITY, Mo., Dec. 17. Cattle. 450; killing cattle and calves mostly steady; a few bids .unevenly slow, stock ers and feeders dull; some sales lower. Sheep. 1600; fat classes nominal; feed ing lambs strong; early top, $8.50. THE DEMAND FOB WOOL FALLS OFF Overcoatings Sell 60 to 65 Per Cent Below Last Year's Prices. , BOSTON.. Dec 12. The Commercial Bulletin tomorrow will say: 'The demand for wool has been less keen this week 4 than last, when a sub stantial turnover was made, involving chiefly medium wool at low prices, since which there has been little change in values. i 'The sale of overcoatings In New York, this week has been the event of chief Importance in the goods market, prlcea for these overcoatings being about 60 to 6j per cent on the average below prices named in January last. Scoured oasis Texas, line 12 montha 5c; fine 8 months, 55 0 60c. California northern, 780 80c; middle county, 73c; southern, 55c Oregon, eastern No. 1 staple, 80c: eastern clothing, 60065c; valley No. 1. 65c. Territory, fine staple choice. 80085c; half-blood combing, 65070c; three-eighths- blood combing. 5O0OOC; quarter- blood combing, 40045c; fine clothing, 60c; fine medium clothing. 60055c. . ' ' Pulled basis: Delaine, Soc; AA, 75c; A supers, 50060c Mohairs: Best combing. 80032c: best carding, 25027c ' Naval Stores. SAVANNAH, Ga,. Dec 17. Turpentine, quiet, 92c; no sales (last sale November 10 at 92c; receipts, 448 barrels; ship ments, 90 barrels; stock, 15,875 barrels. Roain, quiet, no sales; receipts, 1523 bar rels; shipments, 512 barrels; stocks, 77,- 45 barrels. Quote B, D, E, F, G, H, L K. M, N, WG. WW, $11. Dried Fruit at New York. NEW YORK. Dec' 17. Evaporated ap ples neglected. Prunes easy. Peaches duiL Community Christmas Planned. WHITE SALMON, Wash., Dec. 17. (Special.) Plans for the community Christmas entertainment Christmas eve, under the auspices of the wom en's club, are reaching maturity. The children will meet at the high school building and march to the gymna sium, where the entertainment will be given. This will consist of the singing of carols, special music, the telling of the Christmas story, and the . distribution of the "treat." - A large, brilliantly lighted Christmas' tree will be erected on the campus. and as the children, pass from the, school building to the gymnasium they will circle around the tree and ing carols. .,'. . ' - '"'.. .' EXPORT EMCS HEM! BUTTXG OX LARGE SCALE LIFTS GRAIX MARKET. Five Million Bushels of Wheat Are Taken in Two Days Denmark - - Purchases American Corn. CHICAGO, Dec 17. Big export buying of both wheat and corn did a good deal to day to lift the value of all grain and of provisions as well. Wheat closed strong. 56c-net higher with March $1.64 to $1.64 and May $1.68 .to $1.58. Corn gained lc to 3 He oats lc to le and provisions 12c to 40c x . The wheat market was on the upgrade throughout practically the entire session. Foreign purchasing was said to total 2,000. 000 bushels of wheat in addition to 8.000. 000 the previous day, and it was said that Denmark alone had taken 1,000.000 bushels of corn recently, with liberal sales to Hol land also. The fact that sterling exchange had moved up rapidly of late was like wise a ' bullish factor and so. too, was knowledge of steps being taken in Wash ington looking toward an emergency tariff on wheat and other agricultural productsi Besides, due attention was given to dis. patches saying the governor of North Da kota had denied reports that he would re quest farmers to sell 25 per cent of their wheat Government figures on the acre age and condition of winter wheat and rye proved to be about as expected, and so made little impression. Signs that a big elevator interest had switched to the bull side helped to strengthen the corn market. Oats fol lowed corn. Provisions rose with grain and hogs. . , The Chicago market letter received yes terday by Overbeck 4 Cooke company of Portland said:. . Wheat The ' government report issued today gives the wheat acreage at 40.605.000 compared With 41,775.000 at this time last year. According to- the press the report indicated a crop of 678,000,000 bushels com pared with the final returns of this year of 581.000,000. Bromhall cabled stocks of wheat and ftour in the United Kingdom as 85,000.000 bushels. Which is sufficient, to gether with the present quantities on pas sage for home requirements until the mid dle of April. Export business has been the dominating news In the action of to day's market, and there is no getting away from the fact that the large sales are a big market factor. While we have been rather skeptical as to the amounts report ed, our New York office is of the opinion that the figures are approximately cor rect. We ars still of the opinion that many duplications have occurred, but the aggre gate amount must be large, nevertheless. However, tne time Is near when it is only reasonable to expect a big falling off of this business, as Argentine and Australian wheat will probably be on the market 'at lower prlceB than North America can sell for. This will leave us on . a domestic basis and we are, therefore, doubtful as to the stability of present prices. Corn Felt the influence of wheat strength and the buying was of such . a good character that the wonder is that prices did not advance further. Our own advices are that many farmers will be forced to sell in order to - take care of loans. Receipts will probably not show up in volume for two to three weeks and this may have a tendency to steady prices tem porarily. Oats-i-FolIowed , the lead of wheat and corn. Volume of business was hot large and the only feature was the buying early by commission interests. Provisions Higher, being Influenced by strength in grain and an advance of 20 cents in hogs. January lard led the early advance and packers were on both sides of the market. Cash trade quiet. Leading futures ranged as follows Open. High. Low. Close. WHEAT. March May .. May .. July .. $1.69 $1.64 $1.59 $1.64 1.52 1.59 1.52 1.58 COKN. .. .68 .. .69 .. .46 .71 .72 OATS. .48 ' .48 PORK. .68 .71 .69 .72 ..46-' .48 .47 .47 '22.62 : 22.80 13.27 13.42 13.47 . 13.65 11.87 11.45 11.90 . 12.02 May ... July ... .47 Jan. ....22.62 22.80 LARD. Jan, ....13.30 13.42 May ....13.47 13.67 . RIBS. Jan 11.50 11.55 May ....11.90 12.05 Cash prices were as follows: Wheat No. 2 red. $2.03; No. 2 hard, $1.79. Corn No. 3 mixed, 66c; No. 3 yellow, 73 074. . Oats No. 2 white, 47 48c; No. 3 white. 4747c. . Rye No. 2. $1.55. HarleyJ-66091c. Timothy seed $5.50$0.50. Clover seed $150 $20. Pork nominal. Lard $13.42. Ribs $11.012.50. Minneapolis Grain Market. MINNEAPOLIS, Dec. 17. Wheat De cember,, $1.56; March, $1.59; May, $1.57. Oas December, 41 c Barley Oklay, 44c. - . 1 Rye May, $1.36. Barley 51 0 75c. Flax No. 1, $1.9501.96. - Winnipeg Wheat Market. WINNIPEG, Dec 17. Wheat Decern. ber, $1.88; May, $1.77. ' Grain at San Francisco. SAN FRANCISCO, Dec 17. Grain- Wheat, milling, $2.7503; feed, $2.7503; barley, spot reed, $1.3o01.4O; shipping. $1.5501.60; oats, red feed, $1.5501.65; corn, white Egyptian, $1.7j02.85; red milo, $2 02.10. . . . Hay Wheat, fancy. $27 0 28: tarns oats. $23026; wild oats, $15017; barley, $150 18; anaiia, $2V0Z4. Seattle Graia Market, SEATTLE. Dec. 17. White, hard white, soft white and hard winter, $1.60; white club, $1.61; red winter. $1.58; northern spring, $1.55; red Walla, $1.50; eastern Walla, $1.57; Big Bend bluestem, $1.65. City delivery: Feedp scratch feed, $62 ton, feed wheat, $t)J; all grain chop, $54; oats, $51 ; sprouting oats, $56; rolled oats. $53; whole corn, $51; cracked corn,. $53; rolled oariey, oi; enppea oaney, js; milled feed, $39: bran, $30. Hay, alfalfa, $22 ton; double compressed. alfalfa, $35; timothy, $40; eastern Wash ington mixed, $28. Duluth Linseed Market. , DULUTH, Dec 17. Linseed oa track and to arrive, $1.96. Cotton Market. NEW YORK. Dec. 17. Cotton, Spot quiet. Milling, 16.00c. ( - ORDER MAYJBE REVISED Low Value and Livestock Contracts Held to Be Antiquated. SALEM, Or., Dec. 17. (Special.) The Oregon public service commia- BABY BONDS for Christmas Gifts $100 $200 .. Make your gift a permanent benefit. Call and see us. hound noon LOMaanMBN uildino . Fifth amd araax ansfv bto II K! SMITH . I & B Camp I Co. R : I sion, on Its own motion, today an nounced that a hearing; would be held In Portland on Thursday, January IS. to consider a petition filed by the Cattle and Horse Raisers' association. Portland Livestock exchange and Western Oregon Livestock ITen's league, looking toward a revision of what are known as low value and livestock contracts governing Intra state shipments. . The last order involving these con tracts was made by the commission on December 7, 1909. Since that time conditions have changed materially, according to the commission, - with the result that' an Investigation is warranted to ascertain whether the restrictions imposed at that time are Just and reasonable. Should It be found that the con tracts are not Just under prevailing conditions they will be amended or revised to meet the situation, said the order. PALL SEEDING LIGHTER RAIXS PREVENT USUAL ACRE AGE EEIX-G SIIOWX. Conditions Good in Umatilla and Wasco, but Prospects in Other Counties Unsatisfactory. Reports on ninter rain acre tn the various counties of Oregon, as received by F. L. Kent, agricultural statistician of the United State bureau of crop esti mate, follow: Baker There la more fall train sown than usual, but & lot of beardless rye was sown on dry land. Most favorable seed Ins season in three years. High wages and lack of competent help have pre vented normal amount of tall work. Benton Soil too wet for seeding except for about two weeks In October, hence fall grain Is late, showing but little growth at present time. Present markets do not jus tify expense of sowing large acreage. Clackamas Season too wet to do much sowing or plowing. Special etort was made last year in wheat, consequently ground available for wheat Is not aa great as formerly, as we rotate crops. Coos Rains have interfered with fall seeding. Our wheat mostly spring sown. Crook Very little winter wheat seeded, due to weather conditions and poor mar ket. Farmers will hardly realize expenses unless market changes. Deschutes Dry land seeding about same as last year. Kq winter wheat grown on Irrigated land. Douglas Fall seeding considerably less than usual on account of wet condition of soil. Fall rain much In excess of usual. Gilliam The fall has been very favor able for sowing of wheat. Best fall for winter wheat since lull. Condition of crop at this time ia excellent. Harney About 15 years ago winter wheat was introduced here and grown quite extensively for several 'years. A June freeze finally killed nearly all of the crop one year, since which time there has been practically no fall wheat sown. Jackson Acreage somewhat less than last year. Farm operations recently in terrupted by heavy rain and seed in will probably not be returned before spring. Jefferson v e have an unusual amount of moisture for this locality and fall seed ing has made good progress. But wheat price have reduced the acreage way below the 1919 crop, when special effort was made to seed large acreage. Josephine Early rains favored plowing and planting. More than the usual acre age this fall and crop is looking fine. Klamath Harvest and threshing very late, also more rain than usual; In fact, delayed all fall work, accounting for so little plowing done. Lane It has been a wet fall and a small wheat crop has been sown. Wha there Is looks well. Linn Wet weather Interfered with fall work so much that very little plowing has been done. Most of the grain was sown while the ground was wet and has not made vigorous growth. Malheur We have had sn unusual amount af rain this fall, making It dlf- 1 flcult to sow winter wheat. 1 Marion Seeding in most cases late on account of excessive fall rains. Condition ! generally good. i Morrow .Nearly all of the 1920 summer fallow seeded. Early seeding is coming along fine. One reporter says: "Condition better than any fall wheat I have evi sown." i Multnomah On account of weather con- j ditions a considerable acreage ia yet to be sown. Polk Very little wheat was sown until tn November, so It is difficult to report condition, but weather has been quite fa vorable 'for growth. Sherman A favorable seeding season allowed planting of full acreage and con dition is better than usual. Umatilla Most of the winter wheat Is seeded, but there are some places where work has not been completed, due to rains and late harvest. At this time our pros pect for the 11)21 crop is above the aver age of several years just passed. Union The rainiest , fall ever known has made it too wet to plow and pre vented some summer fallow being sown. Condition of wheat below normal on ac count of cold rains. Wallowa Very little fall plowing done. Farmers gpnerally pretty much discour aged over the wheat market outlook. Wasco Winter wheat looks better than it has for years, except a small portion that was sown too late. Good rains dur ing the latter half of November and good growing weather have made very favorable conditions for growth. Washington Very little wheat sown In September and October on account of rainy weather. Much ground plowed and ready but not sown. Some seeding cur lrur November. Yamhill Owing to large amount of rain this fall all grain seems to have made slow growth, but the color Is good. Most of the acreage is just nicely through the ground. Work of Teachers Is Praised. OREGON AGRICULTURAL COL LKGE, Corvallis, Dec. 17. (Special.) J. A. Churchill, state superintend ent of public instruction, addressed the last student convocation assem bly of the year on "The Strength and Weakness of Our Public Schools." Superintendent Churchill gave com parative data showing the progress and accomplishments of the schools of Oregon during the last few years. He said the teachers of this state, though underpaid, and In many cases not furnished with needed financial We Offer Subject to Prior Sale Our Participation of $25,000,000 STANDARD OIL COMPANY of CALIFORNIA t , Ten-Year 7 Gold Debenture Bonds PRICE PAR Phone or wire our expense O.C.MILLER ft COMPANV BONDS AND INVESTMENTS tTTT t ArllL Choice Canadian Issues 712 to 9 Yields $70,000, i Gold Bonds. MUNICIPALITY OF ASSINIBOIA PROVINCE OP MANITOBA. QCf YJaU Exempt From All Donlsloi s O 1C1U (.overamrat Tavatlna. ( PRICK KS.I3 A.ND INTEIIK.HT. Dated December 1, 1S20. Due December L. 1925. Denomination 1500. (40,000, S COLD BONDS PROVINCE OF ALBERTA VOL "Vlilfl Exempt From All Domlalaa ... t jO X 1V1U usvrrsarat laiatloa. PRICK 00.73 AND IM'KHKST. Dated Mar 1. 1915. Due May L 1925. Denomination $1000, GENERAL OBLIGATION COLD NOTES CITY OF EDMONTON PROVINCE OF ALBERTA. GO YtMrl RrmPt From All DamlBloa S iO X 1C1U t.overnmrnt Taxatlom. PRICE 85.S4 AVO INTEREST. Dated September 1. 1920. Due September 1. 1922. Denomination IIOM. Principal and semi-annual Interest payable In United Btates Gold Coin in New York City or at the offices ot Morris Brothers, lno. Telephone .or Telegraph Order at Oar Expente MORRIS BROTHERS, Inc. -The Premier Municipal Bond House'' EstntilNhea Orer a t Quarter Century PORTLAND, OR. MORRIS BLDG. 509-11 STARK BROADWAY 2151 Other Offices at Seattle. Tacoma. Wasn. and San Francisco, Cal. iSAFE DEPOSIT BOXES; support, have made a remarkable record in their work. Mr. Churchill is a member of the board of regents of the college. Mother Seeks to Annul Marriage. WALLA WALLA, Wash.( Dec 17. (Special.) Ethel Culler yesterday filed .a petition in superior court ask ing that the marriage ot Myrtle Thompson, her (laughter by a former marriage, and Paul Lucento be de clared void. She charges that the girl was but 14 years of age when she was married lsst month and that the State of Oregon 5'2 Gold Bonds Dated Deo. 1, 1920. Due l3S-40-2-it. Prica to Tleld 5-20 Income Tax Exempt. Wlrs Orders Rrlph Schneeloch Company 'fMUlOCSMLJIKD CORPORATIOl TU1AJXGM XtoXCT-UCNXy.OllEOCM STANDARD OIL Company of 7 Gold PRICE 100 To Yield Dated Jan. 2, 1921. Due serially, 1925-31 Den. $1000, $500, $100. These Are General Obligations of This Mammoth Company LUMDEKMEriS TKUST COMPANY BROADWAY and OAK We off errand recommend Standard Oil Company of California 7 Gold Debenture Bonds Due Jan. 1, 1931 Price 100 and interest 5t,Depeaux5L(5mpanv INVESTMENT BONDS 87 Sixth Street Broadway 1042 Wells Fargo Building Portland, Oregon Building for Sale Ten-Year Lease to Net 8 Modern brick building in desirable wholesale location, occupied by long established, responsible concern. Will arrange five or ten-year lease to net 8 per cent. Price $65,000.00. W 222, OEEGONIAN Capital On. Mlliloa Delhtra license was Issued without her knowl edge and consent Bill's Passage Crgcd. HOOD IUVER. Or., Deo. 17. (Spe cial.) A telegram, signed by about 20 representative citizens, was for warded yestsrday to Oregon's two United States senators, urging that the immigration bill, as paiai d by the house of representatives, be passed In the sepate without modlf icailnns. "The house Immigration bill la llbersl enough," stated the local messsge to Wmhtntrlnn Port of Astoria (Including all of Clatsop County) 6 Gold Bonds Dated July 1. 190. Due July 1. 112S. Price 19.03. Yielding 6-25 Income Tax Exempt. Collect. New York Bonds 7o l : ft. S b f-. . . . ' t "V : r ' - v. 1-