Morning Oregonian. (Portland, Or.) 1861-1937, December 23, 1920, Image 21

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Morning Oregonian., December 23, 1920, Page 21, Image 21

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Newspaper Page TextTHE MORNIXG OREGOXIAN, THURSDAY, fcCE3IBER 23, 1920 21 BUYERS OF TURKEY ARE K0LDI6 BACK Retailers Think Market Too High for Safety. RECEIPTS TODAY AWAITED California Saeets wer quoted at eents a pound. Bank Clearings. Bank clearings ot th. northwestern due yesterday were: Clearings. Balances. Portland I5.301.IKI8 901.W4 Seattle 4.873.927 1,11)7.119 Tacoma 795.93T . 110.104 Spokane 1.923.38 B08.S58 POBTULND MARKET QUOTATIONS Grata. Flow, Feed, Etc. Merchants' Exchange, noon session: -Bld- Feb. $ 1.55 1.50 1.50 1.45 1.45 1.45 Wholesalers With Shipping Or ders Clean Up at 54 to 55 Cents, bat Later Offerings Cheaper. The Christmas turkey market became vnsettled yesterday afternoon and there was a prospect that the first prices would ot be maintained. The supply was not heavy, as compared with former years, but the high price was an obstacle In moving the receipts. While there were plenty of retailers on the market, they were by no means keen to take on turkeys at the ruling quotations. Many of them declared their business had fallen off in recent weeks and they were skeptical as to the chances of passing turkeys en to the consumer at 0 or 65 cents retail. Bome of them de clared they could see signs of an unor ganized boycott against extreme prices of tarkeys while meats and other commodi ties are coming down. j The Front-street firms that had enough hipping orders cleaned up early at 5455c. Others also managed to work off their stock at around these prices, but not a few &ad a more than comfortable supply on fcsnd at the close of business and their fferlngs at 53 cents found few takers. It was the opinion that today's receipts would b fai.ly large end It this Is the case It will require active buying to - keep the market steady. There was a fair demand for ether kinds ef dressed poultry. Fat geese sold at 88 cents, and ducks, which were scarce, brought 45 cents. Hens ranged from 30 to SS cents, springs sold at 35 cents and broilers at 40 cent a Live poultry was quieter and little is expected to be done In this Hne during the next two days. Light hens were lower at 21 cents and heavy hens went at 36 to 28 cents. WHEAT DOWX ANOTHER 5 CENTS No Export Business Is Reported and Most Buyers Withdraw From Market. Wheat prices went off another 5 cents yesterday. There were no bids on December hard white, but S 1.55 was the best offered for January and February delivery. Club fell to J1.50. With the market falling from day to day, buyers naturally are holding off and at the same time there Is no pressure on the part of farmers to sell. Export demand Is lacking. The coarse grain market was also dull. White oats were 50 cents cheaper at $35. No bids were made for gray oats or barley. According to eastern advices, the export buyers, while taking enormous quantities of wheat, are permitting domestic mills to share to only an insignificant extent In their purchases of breadstuffs. The foreign flour demand is extremely light and the cheaper grades of flour sre slow sales as the result. Despite the restricted production by mills In both the winter and the spring wheat sections, the resulting mall output of first and second clears and low grsde flour is not finding a ready outlet. Millers have been forced to shade prices, in some Instance rather aharnjy. In order to work off their clears to foreign buyers. Some low grade recently sold down to M per barrel, in jute sacks, on the Kansas City market, and good dears were reported worked about $6. Terminal receipts, In cars, were reported by the Merchants' Exchange as follows: Portland Wht. Brly. Fir. OaU.Hay. Wednesday ... 82 Tear ago ....... 17 Season to date ..8464 Year ago 5037 Tacoma Tuesday 8 Tear ago Season to date..3S97 Tear ago 3U6 Seattle Tuesday ........ 11 Tear ago 38 Season to date.. 29-17 Tear ago HS'-O 1 167 127 45 60 1 .1 163 175 2 11 437 1132 1 9 2S8 1138 848 918 13 .. 1!3 4U 74 32S 544 Wheat Deo. Jan. Hard white f ... - 8 1.53 Soft white 1.60 l.RO White club 1.50 , 150 Hard winter 1.45 1.45 Northern spring .... 1.45 1-45 Bed Walla 1.4a 1.45 1 1 i. No. 2 white 85.00 85.00 85.00 No. 3 E. T. shin.... 84.00 83.00 83.00 FLOUR Family patents, $9.80; baiters' 8.75; valley, 17.25; whole wheat, -.!; M1LLFEED Prices tab. mill: Mlll ruu. 835 per ton: rolled barley. 34749; rolled oats. 49: scratch feed. 8b3 per ton. CORN Whole. 847: cracked. 3i0 per HAY Buy In g prices, f. o. b. Portland: Alfalfa,. $-'0 21 per ton: cheat 3J223; clover, 2U; valley timothy, 2i28; east era Oregon timothy, 830. Dairy and Country Produce. BUTTER Cubes, extras, 4748c per lb.; prints, parchment wrapped, -tn box lota, 53c per pound; cartons, 54c; half more; butterfat, buying price, 46 58c per pound at stations; 50c Portland delivery. EGGS Buying prices, case count 60c; pullets, 47c. Jobbing price to retail ers, candled ranch, 67c; selects, 60c; pullets, 62c. . , CHEESE Tillamook, triplets; price te Jobbers f. o. b. Tillamook. 80c POULTRY Hens, 21 28c; springs, 25 9 if rfnrii. 55ix:i.c: aeese. 29c; turkeys. live, 40 W 35c; turkeys, dressed, 53 55c PORK Fancy, lac per pouno. VEAL Fancy, 16c per pound. Fruits and Vegetables, a ttotttt nr,n,Hi navels. $4. 25 5: Japanese. 33.25 per bundle; lemons. 53.75 0 $5.25 box: grapefruit. $4.50 & 8 per box; ba .... i-u. 6, ixu.n Der- Dound: grapes. 85 25 ' lus: huckleberries. 1822c per pound ; em, LATE BALLY IN STOCKS SHORTS DRIVEN TO COVER BEFORE CLOSE OF SESSION. Cnited States Steel, Reading and Mexican Petroleum Ijead in Re-' bound; liberties Steadier. 251 1000 428 752 VANISH BITTER MOVEMENT CHECKED Lowrr Prices Here Cut Down Orders for Future Shipments. There was a better trade and a firmer tone in the eastern butter markets during the past week. Retail prices brought to lower levels stimulated consumption, caus lntg more active trade on the wholesale market. Fancy domestic butter could be bad at a smeJl premium over Danish, and as late arrivals of Panish showed mold and irregular quality, buyers turned to domestic Undergrades showed improve ment in grade, but do not show the firm ness of fancy butter. Centralized demand revived toward the close of the week. Storage butter improved, but still Is slow. Arrivals of foreign butter were not large during the past week, but the quality is reported better. Orders for future ship ments of Danish were greatly checked by lower domestic prices. There was no unusual feature to the San Francisco butter market for the week. Dealers transacted the ordinary routine business and bought very cautiously for current needs only. Prices fluctuated from 48c to 46 c on 82 score and closed at 4" He. The tone of the market during the week was steady with the exception of a weak spot Thursday. Medium and un dergrades were pretty well cleaned up the latter part of the week, as were fancy stocks. The firmness of the eastern mar kets and reports that England and France would soon require large amounts of but ter, probably Canadian, helped to stabilize conditions. Some inquiries were received from the south. New Zealand butter was offered freely en the street for delivery around December 28, but little Interest was snown. The market closed steady te firm, 6 MALL DECREASE IN STORAGE STOCKS Portland Butter Holdings 8540 Pounds Lighter for Week. There was only a small reduction, In Portland storage holdings of butiter and eggs during the week, but withdrawals at Seattle, especially of butter, were heavjer. Dairy produce holdings in storage at Port land compare with a week ago as follows: This week. Last week. Butter, pounds 281,007 .287.547 Cheese, pounds 104.480 110 958 E;9, eases 1.002 l.MO Poultry, pounds 254.799 245. 205 Storage stocks at Seattle make the fol lowing comparison:: , Butter, pounds 4A5.21S 649.414 cneese. pounds 847,447 813.681 Eggs, eases 86 141 Poultry, pounds 161,642 153,4(6 Storage butter stocks in the United (Mates on December 1 were T.7 per cent gssater than a year ago. Egg holdings are 44.5 per cent tighter and eheese decreased S4 per cent. Co be Butter Is Slower. The enbe butter market slowed down yes terday. Sellers were willing to take a cent less than on Tuesday, but there were few buyers. . Prints were unchanged. The general egg buying price was 60 ents, but there are still a few bide out at a eent or two better. Selling prices were the same as Tuesday. Nancy Halls Received. A shipment ef. Tennessee Nancy. Halls arrived yesterday and they were put on wale at $3.50 per tamper. It was the best shipment received .so far this season. und;. cranberries, coast $6 per box; east n, fUXu-M per barrel; apples. Sl.tJ4.au per box; pears. jtv Pr "-... VEGETABLES Cabbage, 120 per pound; lettuce, 3W3.ou per cr, r 11.75 (a 2 per dozen; carrots, $1,500 1.75 Der sack: garlic. 2jc: tomatoes. $4(9 4.50 per lug; beets. $1.002 sack: egg Kin nound: cauliflower, $2 per dot celery. $4.50'5.50 per crate; green pep pers, lofty 1 1 tsc per imumi. 'i per pound; squash. 24&3V4o per pound .....bin ' Li. fi, ' n.r nound. POTATOES Oregon, $1.501.70 per 100 nounds: laKima. x-jw-.v. .i.. v tops. 6c per pound, $3.50 per hamper. ONIONS Oregon. $1.5041)1.75 ner sack r-siirnrntii hrnwn 11.7jt2 per sack; Call fornia yellow, $1.75 per sack; Spanish, $4.5OJ5.S0 crate. Staple Groceries. r 1 l.).Mn. mini, , ! n n " SUGAR Sack basis: Cane granulated O. ... nnnnri- hffft. 8.80c Der DOUnd. won MY Walnuts. 2228c; Brazil nuts. ttt,rt 'li a-2Sc- almonds, 26030c peanuts, 9 14c per pound; cocoanuLs, $2 per dozen: pecans, 82935c; chestnuts, 25 p3fic pound. rick Blue Rose. tto per pound; J nan .ivln 7Ue ner nound. BEANS Small white. 6c: large white. 6c; pink, 7!4c; lima. 10c; bayous, 12Vo COFFEE Roasted, bulk; drums, 81 0 41c per pound; sacked, 22 27c per pound SALT uranulatea. Dales, o.wiv. half ground, ton. 60s, $19.75; lolls, $18.26 lump rock, 28.50. Provisions. HAMS All sizes. 28 32c; skinned. 2 f.'t- nirnlpR 24e. BACON Fancy. 4148c; choice, 320 34c; standard, 203lc LARD Pure, tierces, I2c; compound DKx" SALT Backs, 2124c; plates, 20a Oils. T.iKSwmn OIL Rsw. barrels, $1.01 drums, $1.08; cases, $1.16. Boiled, barrels. $1.03; drums, ll.iu; cases, TURPEMTLN1S ianas, x.u. CI AS COAL OIL TanK wagons sou iron vms- rela, lTVic; cases, aoffa.c ITiTET. OIL. uulK. sz.do per oarrei. GASOLINE Tank wagons and iron bar rels. 29c; cases, 41 He. Hides, Pelts, Etc HIDES Salt bides, all weights, 6c per pound; green hides, all weights, 6c; salt bulls, all weights. 5c; green bulls, 4c; calf skins, green or salt, ec; Kip sains, green or salt, 7c: dry hides. 12c; dry salt hides, 9c; dry calf, 15c Above prices for country hides and skins. Prices lor city sains sou hid. follow: Calf skins. 10c per pouna uin lrin Re cltv Dacser niaes. areen. oc pki.ts Salt Delta, full wool. 2540 each; dry long wool pelts, fine, ic 10.; dry long wool pelts, medium, oo in.; orj ions wool pelts, coarse, e id. tai.i.ow no. l. oc: no. z, o per i. CASCAKA BARK 1920 peel, 8c per lb: wrim. AVn MOHAIR Nominal. HOPS 1920 crop, choice 25c per pound. SAN FRAN CISCO PRODUCE MARKET Price Current on Vegetables, Fresh Fruits. Etc., at Bay City. . sam FRANCISCO. Dec 22. Butter- Extras, 61c; prune, iirsts, iw; ursis. Kr-e Fresh extras. Tic: extra firsts, 69c: extra pullets, 67c; undersized pul- Cheese Flats, fancy, 28Hc; firsts, 27c; Youns Americas, ajc Vegetables Eggplant 7 9c; summer inruah. U.75fe'2: potatoes, street prices. riwrn. 11.60 1.85; Salinas, $3.25; sweet nntamea. 14.25&4.40; onions, Australian brown, 90cS1.25; white, $1.5001.76 .-.n 1 251.50: beans. 10 20c: lima, 9 11c; bell peppers, bay, lug. $1.25 1.50; southern, 12loc; tomatoes, j..--t( cucumbers, San Diego, L50g2; celery, crate. $1.502.50; garlic, 710c; cauli flower. 90c4i$l dozen: cabbage, le per nnnnriT tlimlOS. CSrrotS. Jlfcl.25 SSCk J hrvta. 11.23: Darsnips, $1.75; peas, south ern. 12tt17V4c; rhubarb, $2.252.50; sprouts, 666c; lettuce,' $1.5002 crate; artichokes, 70c 1.25 dozen; spinach, 4 6 5c. Pnuiirv Hens, colored. 33635c; White Tehorn. 3430c: strictly young roosters, 80 & 33c; old. 2122c; fryers, 8742c; broilers, 4550c; ducks, Pekln, 30 4 33c; squabs, 70S75c; Belgian hares, live, 24 27c; turkeys, dressea, 4pooq; uve, 4Gc: Dleeons. 1303.19 geese, ooc.- Fruit Oranges, navel, $2.504.75; lem ons. I2.50to3.7a: temonettea. si.ouraz aranefruit new crop, $2.6008; Arizona, $3.60&4.25; limes, $1.502.25 half orange box; mandarins ana tangerines, jioo.ou aDDles. Belief leur, $1.25 L75; pears. Win ter Nellls, $24; bananas, 9llc; avoca does. $1.252 dozen; cranberries, Oregon, $406: dates. 21022c. RecelDts jiour. zoou Quarters; wneat. 730 centals; barley, 10,600 centals; beans, 347 sacks; corn, 700 centals; oats, 600 centals; hay, 92 tons; onions, 20 sacks; potatoes, 9949 sacks; lemons and oranges. 900 boxes; livestock, euu neaa. Metal Market. NEW TORK, Dec 22. Copper Unset tled. Electrolytic, spot and nearby, 13K0 14c; first quarter, liKOlic. . Iron Nominally unchanged. Tin Weak: spot and nearby. 332.50O 33.25; futures, $32.30 634.50. Antimony $5.50. Lead Steady; spot, $4.5004.75. Zinc Quiet; East St Louis delivery. spot, 5.75 5.87 V4. ' New York Dairy Produce. NEW YORK, Dec. 22. Butter, steady; receipts, 5340 pounds. Creamery, higher than extras, 56457c: creamery extras, 92 score, 56c; firsts, 88 to 91 score, 44 54c Eggs, weak; receipts, 16,105; fresh gath ered extra firsts, 74 76c: firsts, 71 U 73c . Cheese, easy; receipts, 3022; state whole milk flats, etc, 27 M 28c Coffee Futures NEW YORK, Dec 22. The market lof coffee futures shared in -today's general weakness. The market closed at a de cline of 10 to 11 points for the day. De cember. 5.80c: January, 5.85c: March, B.35c; May, 6.75c; July, 7.05o;September, 7.30c; October, 7.40c. Spot coffee, nominally unchanged; Rio 7s, 6!46o; Santos 4a, 9ij10c Chicago Dairy Produce. CHICAfOO, Dec 22. Butter firm. Creamery, 83952c Eggs Higher. Receipts 2125 cases; firsts, 6465c; ordinary firsts, 566uc; at mark, cases included, 556Lc; refrigerator firsts, 56.. ; ( Bops, Etc, at New York. NEW YORK. Dec. 22. Hops Easy. State 1920. 41 45c; Pacifio coast 1920, 3437c; 1919. .3234c . Other articles unchanged. . 7 . New York Sugar Futures. ' NEW YORK, Dec 22. Sugar futures lnmd steady. 8ales, 8300 tons: Januarv. 84.68; March. $178; May, $4.94; July, $5.U NEW YORK. Dec 22. The stock" mar ket made partial recovery In the first half ot today's session from the sweeping re action of the previous day, but the un certain trend later suggested that invol untary liquidation was still a factor to be reckoned with. Announcement of the failure of a prom inent brokerage house actively identified with the expansion of the metal Industry cccasioned surprise. The firm's dificuLties were primarily ascribed to the calling of loans on depreciated collateral.- utner firms and Individuals were reported to be experiencing considerable embarrassment In meeting the demands of their banks, but the general financial situation, in Its relation to stock- exchange loans, was de clared to be eminently sound. Dealings fell away somewhat from yes terday's high record, but the number of Individual shares traded in was almost as large, embracing a variety of Investment issues, many of which were probably liqui dated to establish year-end losses. Shorts were driven to cover Just before the close by a vigorous rebound in several of the leaders, notably Mexican Petroleum, Reading and United States Steel, related issues also regaining much' of their loss of the mid-session. Net losses of 8s to 6 points were made by Texas Pacific. Coal 8c Iran, United States Rubber and Replogle Steel, the latter at no time making more than a feeble rally from yesterday's spectacular descent Sales were 1,400,000 shares. Money and foreign exchange were steady, but exerted no appreciable effect on the stock market. Bonds again were affected by the strain on stocks, many domestic Issues reacting, although some of the liberty group im proved. Total sales, par value, $27,600.- 000. Old United States bonds .were un changed on call. CLOSING STOCK QUOTATIONS. Iafii eial 0-day bHla on banks, $3.48; commer cial 60-day bills, $3.47 ft; demand, $3.5214; cables. $3.53 14 . ' , . Swift Co. Stocks. Closlnr prices for Swift 8s Co. stocks at Chicago were reported by the Overbeck et Cooke Co. of Portland as follows: . Swift A Co 88 Swift International 2414 Libby. McNeil & Libby H National Leather .-7 Seattle Dairy Produce. SEATTLE, Dec 22. Eggs 6eleet local ranch, white shells, 66c; pullets, 60c; stor age, 50c. Butter City creamery In cubes, orients prints, 63c:. seconds in cubes, 46c; bricks. 47c; country creamery extras, coat to jobbers in cubes, 50c; storage, 4ic Cotton Market. NEW YORK, Dec. 22. Spot cotton, quiet MlddMng, 14.50c. Sales. High. Low. Am Beet Bug 2.000 35 8314 American Can 2.100 234 22 Am Car & Fdy . 8,000 11514 - 111 Am Inter Corp 7.100 8214 3014 American Loco 4.700 761 74 Am Smt A Rig 8.600 34 3214 American Sug 4,600 85 82 Am Sum Tob 2.400 68 6314 Am Tel A Tel 3,000 95 Ameri Woolen 10,300 v 8914 67 Am Z L A 8 1.50O 6 5 Anaconda Cop 1S.0O0 81 80 Atchison 6.300 79 !4 76 Atl Of & W In 14,600 103 . 9714 Baldwin Loco 33,100 83 14 78 Bethle Steel B 8,200 5114 49 But & Sup Cop 2.300 8 8 Cat Petroleum 5,600 26 34 24 Canadian Pacif 8,8trO 112 10914 Centrl Leather 3.300 82 3114 Chandler Mtrs 10,700 65 60 Ches & Ohio 4.S00 6314 57 Chi Mil St P 6.00O 2414 2314 Chic'go & N W 5.400 64 60 Chi R I & Pao 8.300 25 2214 Chino Copper.. 3,600 1714 1 84 Colo Fl & Iron 7O0 23 22 Corn Products T.5O0 6414 62 Crucible Steel 15,700 7814 74 Cuba Cane Sug 2,000 . 17 16 Erie 4.200 12 11 Generl Electric 4,600 117 118 Generl Motors 19,700 1 314 12 Grt North Pfd 8,200 71 70 Illinois Central 1.700 84 87 lnspira Copper 8.400 29 ' 28 Int Me Ma Pfd 6.900 48 4614 Interna Nickel 16.100 12 11 Interna Paper 8.700 44 89 Kan Cty South 2.100 16 15 Kenne Copper 14,000 1514 14 Louis ft Nash 410 97 T Mex Petroleum 26,900 157 10 Miami Copper 2,300 1 4 14 Mid States Oil 14,100 11 30 Midvale Steel 9.60O 80 29 Missouri Pacifl 8,01)0 15 15 Montana Pow 100 47 47 Nevada Copper S.5O0 8 8 New York Cen 9.200 6S 66 N Y N H A H 8,300 16 15 Nor ft Western 1,800 94 93 Northern Pad 13.000 75 73 Ok Pd & Rfg 4.000 8 2 Pan-Am Petrol 27,800 75 69 Pennsylvania.. 9.400 S9 38 rltts w va a.-nnr -i - Ray oCn Cop 5.700 10 10 Reading : 87,600 77 . 1 Rep Ir A Steel 9.900 87 55 Royal D N Y 9.000 5 4 Shat Ariz Cop 1.900 5V 4 Shell Tr A Td 4.1O0 tS7 87 Sin Oil A Rfg 42,900 21 20 Southern Pacl 42.000 94 90 Southern Rwy T,;o 20 i S O A J r-ld I,nr XVOT lJl Rtudebak Corn 12.000 39 39 Texas company S4.000 41 40 Texas & Pacl 2.100 Tobacco Pdts 4..W0 48 46 Transconti Oil 6.700 6 5 Union Pacific 10.400 113 111 U S Food Pdts B.100 101 U S Ind Alchl 7.00 61 ON U S Rtl Stores 17,000 60 45 V S Rubber... 22,400 60 5o U S Steel 90.000 77 76 U S Steel Pfd 2,000 105 104 Utah Copper.. 4.200 4.i 4-114 Western Union - 900 80 80 wt Electric 5.700 40 40 Wlllvs -Overld 7,200 5 6 sale. 33 22 112 31 75 82 85 66 95 68 5 31 78 100 so 60 8 24 112 82 63 62 24 62 24 16 23 64 ' 78 17 11 117T, 12 71 84 29 46 11 43 16 15 97 155 14 11 SO 15 47 8 67 16 73 2 70 SS 26 10 76 6714 4 'ii 4 87 20 3 19 10314 39 41 15 46 5 113 15 60 li 46 . 56 77 104 45 80 40 5 WHEAT TRADE DEPRESSED COA'FIDEJf CE LACKING OJT BUY ' IX G SIDE. Unsettled Financial Conditions Have Bearish Effect on Mar- Vet at Chicago. 105 45 80 40 6 BONDS. .89.72IA T A T cv 6s 84.30IAtch gen 4s . .83 .16 D ft R G con 4s 60 .84.82IN Y C deb 6s... 87 ,.83.64'N P 4s ..86.30 iH P 3s do 4th 4s...84.08!PaC T A T 5s Victory 8s ...4.98(Pa con 4s. do 4t 94.94 S P ev il... U S cv 4s cpn.tlOS ISo Ry 5s Pan 8s reg....tu u r do coupon ...Tvo u o steei os. Bid; toffereA U S Lib 8s. do 1st 4s... do 2d 4s. .. do 1st 4s. do 2d 4s. . do 3d 4 Vis.. 93 72 72 63 79 94 80 77 vo Mining Stocks at Boston. - BOSTON, Dec. 22. Closing quotations: Allnuee 16 Arls Com 6 Calu A Ariz... 41 Calu A Hecla..2UH Centennial Cop Range. . Eaat cuue . Franklin Isle Royalle . Lake Copper; MohawK .... 6 25 7 2 15 1 42 North Butte Old 00m Osceola . . Quincy ... Superior 8 14 21 35 3 Sup A Boston.l 1-16 Shannon Utah Con .. Winona .... Wolverine . . Granby Con 3 35 9 15 Money, Sliver, Ete. NEW YORK, Dec 22. Prime mercantile paper, 78 per cent. Time 4oans, xtrm; w days ana vu aays. 77; six months, 77. Call money, steady; nign 7. low t, rui ng rats 7, closing bid 7, offered at 7, fast loan 7. - . . Bank acceptances, 6. Bar silver Domestic, 99; foreign, 63. Mexican dollars. 48 c. . , Foreign Bonds. Foreirn bond Quotations furnished bv the Overbeck A Cooke Co. of Portland: Bid. Ask. Russian 5s, 1921.. Russian os, 19-6. Russian 6s, 1919.. Currency. French 5s. 1931 .... French 4s, 1917...., French 5s, 1920 .. Italian 5s. 1918 .... British 5s, 1922 .... British os, .. British 5s. 1929 ... British vky 4s British ref 4s Belgium rest 5s.... Belgium prem 5s .. German W. L 5s.., Berlin 4s , Hamburg 4s Hamburg 4s ..... Leipslg 4s Letpsig 5s Munich 4s Munich 5s Frankfort 4s ap 4s - id 1st 4m , jap 2d 414s 8 8 .10 ' .66 . 48 88 . 56 . 26 . 45 . 60 10 . 12 . 12 . 13 . 13 . 13 . 13 . 13 . 14 v 55 . 74 74 Paris 6s 92 U. K. 5s. 1921 97 U. K. 5s. 1922 94 IT. K. 5s. 1929 ; 88 V. K. 5s. 1937 83 . 11 9 13 63 51 41 59 28 853 340 348 264 239 47 63 12 14 14 15 16 15 15 16 56 75 75 82 98 85 88 83 CHICAGO, Dec 22. Unsettled financial conditiona had a bearish effect today on the srraln market Wheat closed slightly lower. May at $1.57 to $1.5.7. Corn lost c to lc and oats c to 1C In provisions the outcome, was unchanged to 17c higher. ' Lack of confidence on toe buying side of the wheat market . was largely asso ciated with the disturbance ot security values in Wall street and particularly with the failure of a New York brokerage bouse. Depression In the cotton market was also an evident bearish factor as to wheat and so, likewise, was the aDsence nr n.nv hif exDort buvina:. Various rallies seemed due mainly to short covering, and to be of a transient character, some sell ing ot wheat to go into storage here was reported and there were deliveries today of 115,000 bushels ox uecemoer coniravis. Oats sagged with corn. Hisher quotations on hogs gave consld erable firmness to provisions. The Chicago market letter received yes terday by Overbeck & Cooke company of Portland, said: : Wheat The extreme weakness In stocks late yesterday had a depressing influence on the wheat market this morning, and although considerable resiliency was dis played from time to time, the tone for the most part was weak. While there was some evidence of buying in the pit by the sea board, the volume was small and up to the close no business was confirmed. Cash market followed the decline in futures with tiremiums remaining unchanged. De liveries of 115,000 bushels were tendered this morning on December contracts and the sale of 60,000 bushels into store sug gested additional delivery. Southwestern markets were again favored with large re ceipts and reported offerings from the country continued liberal. The opinion is growing that the Kansas wheat crop this year was larger than estimated. Should the recent insistent export demand prove to be at an end, as seems probable, the mar ket will no doubt show more complete re sponse to the adverse financial ana busi ness conditions. ' - - Corn Fluctuated In an irregular man ner, but finished weak and lower. A con trlbuting factor to the weakness was the evidence of an increasing movement and lack of improvement in the commercial demand. Cash prices lost 2 to 3. cents and a sale of 100,000 bushels into store empha sized the noor demand. Deliveries on De cember contracts this morning were 114,000 bushels. Oats Fluctuations .were dominated en tirely by the action of other grains and this market as usual lacked an independent trend. Although receipts were small, cash prices were lower and the trading basis easier as compared with futures, due to a letnargic demand. Provisions Irregular, light hog move ment and higher prices causing strength at the opening. The volume of trade was small and contracts in sufficient supply to sausxy me aemana at tne advance. Leading futures ranged as follows: WHEAT. Dec .. 105 168 163 J66 Mar. .. 161 163 159 160 May .. 157 ' 158 165 157 CORN. Dec .. 70 71 69 70 May .. 74 74 72 73 It July;.. 74" 75 73 74 OATS. Deo... 46 47 ' 46 46 May .. 49 49 48 4ri 74 July .. . 48 48 47 47 PORK. Jan. 2285 LARD. Jan. .. 1285 .- 1305 1283 . 1305 May .. 1350 1367 1325 1357 RIBS. Jan. .. 1137 1155 1187 1155 May . . 1213 1228 1205 1223 , Cash prices were as follows: Wheat No. 1 dark northern $1.76. Corn No. 3 mixed 6972c No. 2 yellow 77 c Oats No. 2 white 48 49c No. 3 whits 4648c. Rye No. 2 $1.67 L69. Barley 55 58c. Timothy seed J5.506.50. Clover seed $1520. Pork Nominal. ' Lard $13.05. Ribs $11 12. Minneapolis Grain Market. ' MINNEAPOLIS. Deo. 22 Whtn.. cember. $1.57; March, $1.67 May, $1.56. , Grain at San Francisco. IAN FRANCISCO. Deo. "2 Wheat, $2.753; barley, spot feed. $1.30 1.36; shipping. $1.55 1.90; oats, red feed $1.451.5'5; corn, white Egyptian, $1.75 .do; rcu muo, ja2.iu, Hay Wheat fancy. $26927: tame . $2124; wild oats, $1518; barley. $15 13; alfalfa, $20 23. - - Seattle Grain Market. SEATTLE, Dec 22. Wheat Hard white, soft white and white club, $1.58; hard red winter, soft red winter, northern spring and eastern red Walla, $1.55; Big j Bend bluestem, $1.65. 1 City delivery feed Scratch feed. $62 ton. feed wheat, $63; all gratia chop, $54; oats. ioi; sprouun-g oats, loo; rolled oats. $53: whole corn, $51; cracked corn, $53; rolled barley, $53; clipped barley, $58; miUed feed, $99; bran, $39. Hay Alfalfa, $29 ton: double com pressed alfalfa, $35; ditto, timothy, $40; eastern wasnirvgion mixed, YONCALLA STORE ROBBED Burglars Get Away With Merchan dise Worth $400. YONCALLA, Or., Dec 22. (Special.) Burglars last nignt entered the general store of w. P. Rupprecht at this place carried away merchandise worth about $400. The work evidently was that of professionals, who sained entrance by cutting the glass around the lock. They also etole a hand-car from the railroad company somewhere. coming in on that, and started away with the loot on the car, but evidently meeting a train ditched the car and made their getaway. 7 Bonds to Yield 5 YEAR 1A GOLD NOTES Wheeler Timber Company " . Den. 100, $500, $1000 Price 100, Yield 1lA This issue is secured by the largest stand of Red wood near San Francisco, in addition . to other val uable timber and lands. s 7 7 Gold Bonds Maturing 1925-29 Standard Oil Co. of N. Y. Den., $100, $500, $1000 - Price 100, Yield 7 ' Average earnings range from 20 to 28 times in terest charges. This. year's NET earnings are just twice this entire issue. Uiweskmens Trust COMPANY Broadway and Oak Canadian Municipals Exempt From All Dominion Government Tax b Oold Bonds PROVINCE OF t ALBERTA Price 90.75; Yield 7Va Dated May 1.1915. Due May 1, 1$2S. Denomination 31000. t General Obligation Oold Notes CITY OF EDMONTON . Price 95.24; Yield 9 Dated Sept. 1, 1I0. DuePept. 1. 122. Denomination lluOO. The Unsold Portion t Oold Bonds MUNICIPALITY OF ASSINIB0IA Province at Manitoba Price 88.13; Yield 9 Dated December 1. 1920. Due December 1. l2t. Denomination $600. Northwestern Municipals Exempt From Federal Income Tax IS DOIAAR ADVANCE IX PRICES AT XORTH PORTLAND. Cattle and Hogs Are Steady and Unchanged Run for Day ' Is Small. ' The livestock market was a Quiet affair. as only three loads arrived by rail. The feature 01 the day was the demonstra tion ot strength In the lamb division, where prices were raised a dollar, with both east ot the mountain and valley top grades listed at J8.50. Hogs were steady and unchanged on the 110.25 basis. Cattle prices were also reported steady. The yards will be closed to business on Christmas day. Receipts yesterday were 159 hogs and 120 sheep. The day's sales were as totlows: Wt. Price 1 steer. 2 steers 1 steer. . 1150 2 steers. 1145 1 steer.. 1280 10 steers. 1117 21 steers. 1113 14 steers. 1121 1 steer. 8HO 6 steers. 1408 4 steers. 10TO lcow... 510 lcow... 810 9 cows. . 2 cows. . 2 cows. . 4 cows.. 1 cow. .. 2 cows. . 1 cow. .. 1 calf. .. 1 calf. .. 5 calves. 1 calf. .. 13 calves. 1 calf. .. 8 calves. 3 calves. 1 calf... 1 calf... 1 bull... 2 mixed. 2 hogs.. 1 hoe. .. 10 hogs. . 1 nog. .. 1 hog 1170 S6.00 1245 6.00 6.751 8.75! B.T5I 7.00 7.50 7.00! 5.00 8.001 5.75 6.00 2.751 6.00 4.0(1 8.001 -a.ooi 4.501 5.001 5.50 970 1205 840 700 920 1010 600 6 hogs. . 7 hogs, . 1 hog. .. 14 hogs. . 5 hogs . . 1 hog. . . 2 hoes. . 10 hogs. . 3 hoas. . 2 hogs.... 145 7 hogs. . 4 hogs. . 8 hogs. . hogs. . 8 hogs. . 1 hog... 1 hog. .. 8 hogs. . 7 hogs. . 2 hogs. . 1 hog. .. 10 hogs. . 8 hogs. . 5 hogs. . 2 hogs. . 230 11.00 90 11.00 118 12.00 100 12.00 130 12.501 220 10.00115 lambs. . Wt. Price. 218 $10.00 148 9.00 300 10.25 133 8.75 2110 8.25 280 8.25 325 8.25 213 10.25 230 8.00 8.75 177 10.25 212 10.25 133 10.00 126 9.00 187 1025 200 10.25 170 10.25 1H3 10.25 180 10.25 225 10.25 10 9.25 eente hlrher. Too. ! 80 for 150-Bonnd averare. bulk S! "0 39.35: pigs mostly 25 cents higher, bulk 90 to 130-pounda plgi sv.ti.ivv. 10. Sheen Recelnts 9000. Fat lambs and yearlings mostly 25 rents higher: spots 50 cents higher, lop iii.ou; yeamuss, sheep strong to 25 cents higher; coarse wethers, a.Z5; no leeaer saies eariy, Kansas City Liven took Market, KANSAS CITY, Dee. 22. Cattle Re ceipts. 2500 head; higher. Sheep Receipts, 200 head; steady. Seattle Livestock Market. SEATTLE. Dec. 22. Hogs Receipts none. Steady. Prime. 10$10.50; smooth heavies, t'tjjlO; rough heavies, 170 7 50: pigs, I810. Cattle Receipts, none. Weak. Prime steers. 8.509: medium to choice, 78. common to good, $56.50; best cows and heilfers, 1256.75; medium to choice. 15 tot; common to good, 13.5005; bulls, S4&5.50; calves, $13. Dried Frnlt at New Tork. NEW TORK. Dec. 22. Evaporated ap ples nominal. Prunes weak; Ore tons. 129 16i4c Pearhes quiet. 143 12.00 90 9.00 200 13.00, 150 M.OO 770 6.50 900 420 430 329 270 420 240 145 278 355 79 100 65 78 86 150 113 100 9.4M 8.00 9.00 8.00 8.00 8.00 8.50 8.50 8.60 3.00 5.00 600 5.00 3.00 S.00 6.50 4 lambs. 2 lambs. . 47 lambs.. 30 lambs.. 1 ewe ... . 5.25 8 yearl... S.m 7 yearl. .. 7.25 4 wethers. 137 9.25 1 buck... 150 9.751 1 buck. .. 120 7.23,11 mixed.. 532 The following Drlces are current at the local yards: Cattle Price. Choice grass steers $ 8.00 8.75 Godd to choice steers 7.50Si 8 00 Medium to choice steers .... 7.00 7.50 Fair to good steers 6.50r 7.00 Common to fair steers .. .. 5.50 6.50 Choice cows and heifers . . 6.50ftp 7.00 Good to choice cows, heifers 5.50 6.25 Medium to good cows, heifers 5.00 6.50 Fair to medium cows, heifers 4.50t 6 00 Common to fair cows, heifers, 8.50 4.50 Burglars Wreck Safes. CENT RALIAr Wash., Dec. 22. (Spe claD The safes in both the Pacific Fruit A Produce company and the Sau.lt & Matthews furniture store were wrecked last nlgrht by thieves, who secured only 19 cents to repay them for what appears to have been several hours' work. Valuable papers, however, of no use to the thieves. were taken from the produce com pany's safe. Entrance to both places was made through rear windows. Finger prints on the Saults & Mat thews sale form the only clew lead ing" to the Identity of the thieves. Graduation Dress Limit 15. SPOKANE, Wash., Dec. 22. School classes st Lewis and Clark hlirh Canners Bulls .. ..- Choice dairy calves ....... Prime light calves Heavy ca'ves Beat feeders Hogs- Prime mixed Smooth heavy Rough heavy Fat pigs Feeder pigs Sheep East of the mountain Iambs. Valley lambs Feeder lambs .-...... Cull lambs ; Light yearlings Heavy yearlings Wethers Ewes 2. 50 ill 8 50 , . 4.50fc 5.50 , 12.00W 18.00 , 10.00" 12.00 . 6.000 7.50 . 6.75 (I 6.75 9.50 10.2 9 2oHt U.7 7.00 ft) 8 35 8.00 S.25 7.00 8.50 8.00 J 8.50 8.00 8.50 6.00 U 6.60 .... D.uu 6.00 a 7.00 5. 0O9 6 00 6.00 6.00 1.00 4.O0 Chicago Livestock Market, CHICAGO. Dec. 22. Cattle Receipts 5000: beef steers 25 to no cents higher. Early top, $12.75; bulk, 19 10. 50; fat she stock 25 to 50 cents higher, bum I5?7.t canners 25 cents higher, bulk J3 43.25 bulls steady, desirable bolognas around $5.75; calves strong to higher, city butcher top xii, pacaer top siu; stocaers ana xeea ers steadv to 25 cents lileher. Hogs Receipts 21,000, mostly 10 and 15 Foreign Exchange. Foreign exchange rates at close of tart ness yesterday, furnished by Northwestern .'ationai Dana or r-ortiana. The amount noted is the equivalent in United states dollars: Country unit. wat Austria, kronen ........! .0029 Belgium, franoj .0429 Bulararia. leva . - 015T Csechoslovak!a, kronen ........... .0122 Denmark, kroner 1521 agland, pound sterling 3.5500 .0280 .054W .0145 .074 .8140 .0028 .0348 .0074 .1520 .1100 .0124 .0288 .1305 .1687 .152S .5600 .7550 .4875 Finland, flnmark France, rranca Germany, marks ., Greece, drachmas Holland, guilders Hungary, kronen Italy, lire Jugoslavia, kronen Norway, kroner Portugal, escudos -. Roumanla, lei Serbia, dlnara pain, -pesetas wed ad. kroner ........... Switierlnd, franca China Hongkong, local currency Shanghai, taeis ,. Japan, yen NEW TORK. Dee. 22 Exchenra frrttrn. 1st. Sterling, 0-doy bUla, 3.48; commer-j Postal Business Heavy. WALLA WALLA, Wash.. Dec. 22. (Special.) Postmaster George B.Day has added nine men to his force to handle the Christmas rush. Business has been heavier this year during; the holiday season. Two - anto trucks have been put on to be used in deliv ering packages. The postoffice de partment has shipped a truck to be placed In regular service here. - WANTED. CONTRACTS DIRECT FOR FIR AND CEDAR PILING AND POLES BY BRITISH COLUMBIA LOGGING COMPANY. BANK REFERENCES REQUIRED. 1001 TOWER BLDG., VANCOUVER, B. C. LIBERTY BONDS REDEEMED AT PAR! Pollts will redeem Liberty Bonds of all Issues at par in exchange for a suit or overcoat, returning the difference In cash to you. FOB EXAMPLE A suit or overcoat selling at forty dollars gives yoir a balance of ten dollars in cash on a fifty - dollar bond, or a hundred - dollar bond will give you a balance of ten dol lars in cash and a fifty -dollar bond of the same Issue. , . POLIH CLOTHES SHOP Coraer Waakiaa-toa aaa Slats. Railroad Bonds With UnBsna Possibilities In a circular on the bond situation, which we havl or free distribution, prepared by one ofjthe greatest bond au thorities in this country, there is a list of one hun dred investment bargains in 'high grade railroad bonds yielding as high as 8 to 10 -. Writ tmr Fo-7 ' E. M. Fuller & Co. Mesabenet manHsstss Steak Kasssags st . I. SO Broad St Now York. New York ISUrtrk 0rsef rVfiwts eTwee - We Own and Offer -. PROVINCE OF Saskatchewan Short-term two and one-half years semi-annual in terest payable in New York. GOLD BONDS Price 91.09 to Yield 8 Circular on request. Wire orders collect. i Clark, Kendall & Co. 5th and Stark Sts., Portland, Or. City Bonds $10,000 Prlnevllle. Ore iron. t Funding- Bonds. $ 1,000 Wapato. Washing;. ton. 6 W a t r Bonds. (14,000 Puhl, Idaho, C Fir Department Bonds. Road Bond 110,000 Kea Perra, Idaho, Clear Water Highway District. $11,000 Power County, Ida. ho, Crystal High way District. $1S,000 Twin Falls County. Idaho, HuhUiigh way District. Special Assessment Bonds $12,000 City of Snda Springs, Idaho, local Una, T tends, yielding: 7H. $ T.000 Vancouver, Wash, local Imp. dlst. Ill, bonds, yielding 7. $ 4.009 ftldgefield. Wash, 7 gold bonds. Principal and semi-annual Interest of th. abov. Issue, payable In (J. S. gold coin In New Tork city or at th offices of Morris Hrothers, Inc., with th. exception of Vancouver and KidReficId issues, which are payable at these places, respectively, or at Morris ilrothera, Ino. -"Telephone or Telegraph Orders at Oar Expent MORRIS BROTHERS, Inc. Estt1tfcea Over Qaarter Ceatary fae Pre-saler Maalclp-al tlaa. llease" PORTLAND, OR. MORRIS BLDG. 309-11 STARK BROADWAY 2151 Other Offices at Seattle. Tacoma, Wash, and San Francisco. Cat SAFE DEPOSIT BOXES raattal Oie Mllllnsi Dollars I Your I 1921 I I Taxes I WILL the additional income from your property be sufficient to pay the outgo in taxes? Multnomah County in 1920 had $2,025,487. Proposed budget for 1921 is $2,850,118. Let us 'help you solve this equation ' , . v Strong SKacXauhton1 Herrins Rhodes inc. , ESTABLISHED ISM. STOCKS and BONDS- Railway Exchange Bldg. ' Main Stocks, Bonds, Grain, Cotton, Pro visions. Curb and unlisted stocks, Liberty Bonds. . Member. Chicago Board of Trad.. Fast Private Wires to All Markets. school her announced today thai dresses to be worn by girls at th January graduating class will not ex. ceed In cost $1S. Dresses of silk and reorgette crepe will be banned and shoe to b. worn at th exercises shall not cost mora thin f 1 0. All graduates have agreed to abide by the ruling, according to announcement by the senior class. SURPLUS MATERIAL For Sale on the Pacific Coast THE UIVITED "TATKS BHIPPINO HOARD EMERGENCY Fl.EET CORPORATION, WASHINGTON, D. C Sealed bids on surplus material on Pacific Coast will be re ceived In the office of th chairman, United States Shipping Board, Washington, D. C, on or before 11:00 A. M., January 14th, 1921, at which time bids will b. opened. Bids will b. on a percentage of appraisal of material on the West Coast and for th purpose of bidding such appraisal value shall be assumed at $8,000,000, contract shall be for a period of twelve (11) months from execution of contract and will Include all materials to be certified te the supply and sales division during the period of the contract from cancellation or from the construction department, and will not Include surplus turned over to this division from division of opera tions. Bidder must take Into consideration th sum of $0,425.00. which represents the cost of leases for th period of this contract; same will be paid to the Emergency Fleet Corporation, who bold, leas on said property, a follows: St. Jomns concentration yard, Lo Angele. concentration yard, Tacoma concentration yard, Emergency Fleet Corporation copper works. Purchaser, on execution of contract, shall deliver ! per eent additional of th 'amount of hi bid, and pay th balance, or 75 per cent. In twelve (1!) equal monthly Installment. -A check will be .kept on th movement of th material by th Emergency Fleet Corporation. Th. successful bidder will psy eec-Js month the percentage of appraisal of bids on the entire cost for the materials which he has moved and sold during that month. Th twelve equal monthly installments merely being guarants of what the bidder must perform. Term. Ten per eent of th. amount of th. bid must accompany the bid In the form of a certlfled'check. In the cas. of acceptance of the bid and the bidder defaulting on th. eontract, this amount shall b. forfeited to th Emergency Fleet Corporation. Deferred payments will carry no Interest. Inventories of thee yards may b seen in our Tacoma, Portland or San Francises offices. Th. board reserves the right to reject any or all bids. Sealed bids should be addressed to th Secretary of th United States Shipping Board, 1310 F street N. W., Washington. D. C, and Indorsed "Sealed Bids for Surplus Material on th Paclflo Coast and Do Not Open." II. LANT3, Advertising Manager. 8 City of Vancouver British Columbia 4Vz Bonds Due Feb. 1, 1923 8 Kansas City Power & Light Co. First and Refunding Mort gage Twenty-Year swarLssi 8 Bonds Due Dec 1, 1940 Price 100 to yield 8 Ask for circulars firing full details. Freeman Smith a Camp Co. Price 93.41 to yield 8fi Latcmmmkns Buiumn) PirTN AND STARK mar syae