THE 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