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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (July 28, 1921)
THE TlICmXIXG OIIEGCYSTAT, TllUltSPAY, JTJTLY 28, 1921 " 21 WHEAT ADVICE IS i IV1ADE AT EXCHANGE Bid Price of Hard White Goes , Up 2 Cents Here. OTHER GRADES ALSO UP 23.00 23.00 22.00 21.00 29.00 WiWAr in Oregon 3Iostij Hipe. Says Crop Summary Is sued by Government. An Edrtne of t cmtrn Irashel en bard hite and of 1 cent a bushel n all other trades of wheat featured the session of the Morchaats Exchange yesterday, the ocal market following the lead of that of Chicago which registered UU better ad vance. As a result of yesterday, advene the id price on hard white went up -to $1 i for spot delivery and that on other grades ranged from $1.07 for red Walla Wail JL1'12 ,tr ft wlte and white club. The wheat market locally was compara ely quiet although some trading was aid to be going on In the interior. This, owvr. partially cortaUed by the Belief current among the growers that rrices would go higher. The weather forecast for the graim belt fasti ed yesterday was: -IlHnois generally fair tonight and TTinrsday. Kansas partly eloudy tonight and slightly cooler; rest of grain belt fair night and cooler Thursday. " The Merchants' Exchange was advised Chat the weather throughout the grain belt was favorable for corn but that rain needed over the greater portion of the territory. It was said that the weather was unfavorable for oats, which are un usually light. Le Count's report from Davidson, Sas katchewan, as received by the Merchants Exchange was rather unfavorable in re gard to wheat prospects. Broomhall'a report on various grain growing sections of the world as received by the Merchants Exchange said: "United Kingdom Rains have bene fited parts of the territory. The forecast for generally fine weather. There are some fears for defective yields in wheat. The outlook, for coarse grains is generally unfavorable. Fodders are very poor. "France 'Heavy rain storms have been experienced, breaking the drouth. The wheat out-turn is estimated at 238,000,000 bushels and the forecast - estimates i m ports will be 56.000.000 bushels. "'Germany Harvesting of wheat Is pro gressing. Quality of. rye reported as much better. "Italy Yields ef wheat will be mostly average. "Balkans The outlook for wheat ts for a moderate crop. Rye, barley and oats about an average. "India General rains are being expe rienced. "Australia. Severe floods predicted but prospects for crops are generally good." The summary of crop conditions in Ore gon for the week ending July 26 as issued yesterday by the department of agricul ture said: "Winter wheat Is mostly ripe except near the coast and in some elevated dis tricts, and harvest Is progressing rapidly. 1 hrevhing from the shock has begun In the southern counties. Harvest of spring wheat is in progress in places. Where un trrigated spring wheat is not mature it bas suffered from drought. Barley has generally rtpened,well. Irrigated corn re sponded favorably to the Increased warmth, but unirrigated corn Is generally ga need of rain. "Harvest of cherries, raspberries and loganberries is nearing completion. Apri cots are mostly ripe. Blackberries, peaches and early apples are coming in to market In increasing quantities. Late fruits are growing well. "Cutting of the third crop of alfalfa has been begun in southern counties and cut ting of the second crop is under way in eastern counties while in the elevated central counties cutting of the first crop ts In progress. Except for the local chow- rs In eastern counties as the week closed Ideal baying weather prevailed. Except In the mountains pasturage is very dry, but stock continues In good condition. "Late potatoes and garden vegetables are doing fairly well but generally need rain, except where irrigated. Terminal receipts in cars were reported by the Merchants Exchange yesterday as follows: ' Wht Bar. Fir. Oats. Hay sort lend -Wed. 7S Tear ago.... 39 Season to date.. 1449 Year ago.... 075 rracomsj Tues.. 32 Year ago. ... 13 treason to date.. 2S3 Year ago... 149 Ceattle Tuea.. 7 Year aero. ... 6 Reason to date.. 2S1 Year ago.... 72 . 4D RANGES ADVANCE 50 CENTS BOX Seches Plentiful at f 1.50 Box Oregon ( Apples Go Well. Oranges advanced CO cents a box yes terday as a result of lessening supplies from California. Melons continued steady with a slight improvement in demand. Peaches are plentiful in the market now and were going yesterday at $1.50 a box. Plums were held at around $2 and apricots at 11.50. This week will almost clean up the apricots. The new Oregon apples were going well at $1.50 to $3 a box, depending upon the variety. Lemons are still high with some grades bringing as much as $13. Receipts yesterday were two cars of cantaloupes, two cars of watermelons, one car of tomatoes, one car of bananas, two cars of lemons, one car of xakima pota toes and one car or apricots. Cabbage Is Scaxco. A scarcity of cabbage on the street has resulted in a firm market and prices as lUsh as 4.b cents a pound. Owing to the fact that the local product has been In sufficient to take care of the demand job bers have been compelled to ship In 1 supply from California. A weakness has developed In the mar ket for local tomatoes and cucumbers ow lng to the large supply which has been accumulating the past few days, Cali fornia tomatoes are also hard to move at goinK prices. Lettuce remains firm at $2.50 a crate. 1 8 5 7 I486 20 170 66 103 15 48 49 52 1 1 16.. 2 4 78 7 61 4 97 64 4 5 7 1 7 5 49 77 106 4 25 164 Yeal and Pork Drag. The market for country dressed veal and pork continued to drag yesterday with lack or interest on the part or the trade. The heavy stocks received last week and early this week was partially responsible for this condition. The demand was not keen yesterday for either veal or hogs. Heavyweight stock was hard to move. Although there a-as some Improvement in the chicken market the demand yes terday was not heavy. Hens went at from 1 to 24 cents with spring chickens ranging from .2 to 2b cents. Blackberries on Market. The berry market is beginning to show the windup of the season for blackberries. loganberries and raspberries. Blackberries are beginning to appear on the market. Tame blackberries are plentiful at 11.75. Wild blackberries, which are scarce, sell rapidlv at 20 cents a pound. A few everbearing strawberries are on the market and are held at S3 a crate. What log an s. raspberries and blackcaps are now on the market are or .poorer qua. lty and significant of the near close of the season for that fruit. PORTLAND MARKET QUOTATIONS Grain. Flour, Feed. Etc. Merchants Exchange, noon session: Bid Wheat July. Aug. Sept. Hard white SI. 15 SI. 13 $1.12 Soft white 1.12 1.12 1.11 White club 1.12 1.12 1.11 Hard winter 1.10 1.10 1.10 Ts'orthorn Spring 1.10 1.0$ 1.09 Bed Walla 1.07 1.06 1.05 Oats A SAFE DEALER TO SHIP TO Veal, Creamery Butter Pork, Dairy Butter Poultry, Fresh Eggs Storage Egsrs Farm Produce, Cheese Rl'BY A CO. 169 Front St. Portland, Or. In business sixteen years. No. 2 white feed .... 27.00 25.00 24.00 Barley Brewing 94.00 Standard feed 23.00 uorn No. 2 E. T. shipment.. 81.00 80.00 FLOUR Family patents, 7 SO per bar rel: whole wheat, S0.2O; graham. $6.00; bakers hard wheat, $7.25; bakers blue stem patents, $6.75; valley bakers, $6; straights. $5.75. MILLFE2D Prices t. e. b. mill: Mat ron, $28 per ton; rolled barley, $3537; rolled oats, $37; scratch feed, $50 per ton. CORN Whole, $US; cracked. $4 per ton. HAY Buying price f. e. b. Portland; Alfalfa, $15 per ton; cheat, new. $14 ton; clover, $ll per ton; valley timothy, new, $1920; eastern Oregon timothy, $26. Dairy and Country Produce. BUTTER Cuoes, extras, 84c per pound; prime firsts, 83c; prints, parchment wrapped, box lots, 40c; cartons, 41c But terfat. buying prices: A grade, 84c; B grade, 82c, Portland delivery. iggg Case count, 80c: candle rancn eggs, 33c; selects. 33 36c. CHEESE Tillamook, triplets, price to jobbers, f. o. b. Tillamook, 24c; Young Americas, 25c pound. rUULTRi Hens 17 24c lb.: springs. Leghorns. 2225c; Rocks and Reds. 25 28c ; ducks, 20 & 24c ; geese, nominal; tur keys, nominal. PORK Fancy. 16c per pound. VEAL Fancy, 14 He per pound. Fruits and Vegetable. VH U ITS Valencia oransrea. S5.60O6.25 oer box: lemons. 811.50 013: arape fruit. $3.60G4.56 box; bananas, lOllc pound; apples, old crop. $2 42.25 per box; new. $1.50 2; cherries, 6 14c pound; can taloupes, l. 76 tr a. 7S crate ; peacnes, i w $1.50 box; watermelons, 23c pound; Honeydew melons, $2.25; apricots, $1.50 3 box; plums, $1.5092.25 box; raspber ries, $1.50 1.75 crate; loganberries, $1.50 01.75 per orate: blackcaps, szwz. pot crate; pears. $3.T54 box. VEGETABLES Cabbua. 4Hfi ttound; lettuce. $2.50 per crate; carrots, $2.50 per sack: garlic, 10 20c per pound; beets. $2.252.50 per sack; green peppers, 30c per pound; rhubarb, Speo per pouna; tur nips, $2.60 per sack; tomatoes, $11.&0 per box; cucumbers, 65 90c per dozen; peas, 1015o per pound; beans. 10 15c per pound; green corn, $404.60 per crate. POTATOES New Oregon, 2 2o a pound; new California, 23c pound. uitrws California red, si. i sacs:; yellow. $2 sack; Walla Walla, $2. Staple Groceries. Local jobbing quotations: SUGAR (sack basisV -Cane, granulated. 6.95c pound ; beet, 6.75c pound. NUTS Walnuts. ;c3p25o pound; Brazil nuts, 1820c; filberts. 18c; almonds, 24(9 80c; peanuts, 8 011c pound. RICE Blue Rose. 6c per pound: Japan style. 4c per pound. JBifiANS small wnite. oic: pinJC sic; lima, 7c; red, 10c per pound. COFFEE Roasted, DuiK. m arums, i3p 36 c per pound. SALT Granulated, barrel, $3.Off"4.z&; half ground, ton 50s, $17.25; 100s, $16.25; lump rock, $26.50. dried fruits Dates. S4.z-se.53 per box; figs, $3.255.25 per box; prunes, 7& 10c per pound. Provisions. HAMS All sizes. 37G39c: skinned. 84 41c; picnic, 2021c; cottage roll, 25c. BACON Fancy. 47Gp52c: choice, szo 87c; standard, 2529c. LARD Pure, tierces. 16c pound; com pound, tierces, 12 He. Dtr SALT Hacks, zzgrzoc; plates, lC Bides, Hops, Etc. TALLOW No. 1. 4c; JSo, 2. 2K03ttc per pound. cascaaa bars. Five cents pound delivered Portland. HOPS 1920 crop, 119130 per pound. HIDES Nominal. "WOOL New clip, 12 21c per pound. MOHAIR New clip. 16c per pound. delivered Portland. GRAIN BAGS Nine cents at country points. Oils. LINSEED OIL Raw. In barrel 11.02: 5-gallon cans, $1.17. Boiled, in barrels. S1.U4; o-gauon cans, $l.l. TURPENTINE In drums. 2c: B-rallon cans, fi.vt. WHITE LEAD 100-lb. kegs, 13c per lb. COAL OIL Tank wacona &nd lrnn parrels, it ftc; cases, 30ifr 37c GAbOLINE Tank wai:oiui smd Iron barreie, 2c; cases, 40 c. Bonk nparinra. yesteraay were as zouows: Clearing T?a lnnB Portland ft 4-il fin ni1) Seattle 4,342,740 671, 703 Tacotna 351.242 20, Ho 7 Spokane. HUo.aba ,-613,931 SAN FRANCISCO PRODUCE MARKJET Prices Current on Vegetables, Fresh Fruits, Etc, at Bay City, SAN FRANCISCO. July 27. Vegetables f otatoes, oia. nominal ; new. Garnets. i.saii.ou; wnite, si.autaf .io: onions, new. red, 75&j85c; green, $l.o0r70; tomatoes. ban r'eoro, small lug $2(&3.a0; crates, $2(j) 2.50; Merced, large 2S-lb. box. S2.25fa)2 541 small, $1. 25(g) 1.75; peppers, bell, 1020c; chile, 10 & 20c ; peas, o & 8c ; beans, Ken tucky Wonder, 8(&jl0c; garden, 10g lie Italian, 12&13c; lima, 1012c; wax. 4 8c: carrots, )i.zo)i.3u sacic; eggplant, south' era, rfy-pouna box, 79c In crates and ooxes; corn, Alameda, $3' 4 rhubarb. $16 1.2-5 box; celery, crate, white. o; yellow, xtj.av; artichokes, $4&iO lug ettuoe .$2.zd crate; aquash, Italian, 13 kl 14CL Poultry Young chickens. 2545c: staerev roosters, zu a zoc ; oiu. xo a loc ; hens. 17a 45c; ducks, 2uc; geese, 25c; turkeys, live. aoc; aressea, attfuoc; .tseigian nares, live, id pi4c; aressea, m&zuci sauabs. fancy. 85c; pigeons, $2 doxen. Fruit Oranges, Valencia, $3.5004.75; lem ons, IS 10; lenaonettes, $5.50&7.50; grape fruit, $3 4.25; apples. 75c2.7o; strawber ries, &0(po0c drawer; $101. o0 crate; black berries, HO 4 -KX: drawer, 80(riMc crate; , loganberries, nominal, $1&1.25 crate: , raspberries, 65fe Gc drawer, $1.75 crate; bananas, 89c pound; avocadoes, S3 8 dozen ; cherries. $1.00 1.75 ; apricots, 1 & 6s pound; peachea, 25c basket, $4 a lug; cantaloupes, Turlock standards, ll.50 5; pontes. $1.25(1.75; flats. 75 85 c; figs, 75c& $1 single layer, $2.25&2.75 double; plums, $11. GO orate; boneydew metone, $12 crate; casabas, 4c pound; watermelons, 2&2c; grapes. $2 2.25; pears, $14i 2.50; prunes, $1,50 orate. Wbeat nay, ilitTOlB; tame oat, S12015: wild oat, $1012: barley, $1012; alfalfa, $914; stock, $910. Receipts Flour. S&4S quarters; wheat, 29O0 cerrta-VS; barley. X1S.447 centals; beana, 51 sacks; corn, 375 sacks; potatoes, 8017 sacks; onions, 291 sacks; hay, 629 tone; oats, 623 centals; hides, 770 bun- dies; livestock, 40 head. ! QUOTATIONS OX DAIRY PBODCCE Market Prices Ruling oa Butter, Cheese and Eggs. SEATTLE, July 27. Whblesale prices to dealers: Eggs Select local ranch, white shells SSft 39c; do mixed colors, 363Sc; pullets, 84 & 35c. Butter City creamery cubes. 88 39c; bricks or prints, 89c; country creamery, cost to Jobbers, in cubes, 36c. NEW YORK, July 27. Butter Firmer. Creamery higher than extras, 4343Hc; creamery extras, 42 Q 42 c; creamery firsts. 3741 Vac. - Eggs Firm; fresh-gathered extra firsts, 87 f 39c; fresh-gathered firsts, 33 G 84c. Cheese Steady, unchanged. CHICAGO. July 27. Butter Higher. Creamery extras, 41c; standards. 8S3tc; firsts, 35 He 40c; seconds, 80 34 He. Eggs Unchanged; receipts, 6870 casea Coffee Futures Improve. NEW YORKJuly 27. The market for coffee futures Jlkowed continued improve ment today on a demand from September shorts, wan street ana rwew Orleans buy ing and further support from the trade. September advanced to 6.44c and December 6.90c with the close rather firm at a net advance of 5 to 13 points. September, 6.44c ; October. 6.59c ; December, 6.89c; March. 7.25c; May. 7.44c Spot coffee, more active and firmer, Rio 7s, 6frc; Santos 4s, c to Metal Market. NEW v YORK, July 27. Copper weak. Electrolytic, spot ana nearny, as 14; later. Tin ateady. Spot and nearby, 26,00c; futures, 26.25c. Iron nominally unchanged. Lead steady. Spot. 4.40c Zinc quiet. . East Su Louis, spot, 4.20 ro4.2c. Antimony, spot, 4.65. New York Cotton Market, NEW YORK. July 27. Spot cotton, quiet. Middling, 12.10c. The prestige of Oregonian Want Ads has been attained not merely by The Oregonian's large circulation, but by the fact that all its readers are interested in Oregonlaa Want-Ada. STANDARD SHARES FIRM Sh.ttticlc Arix. ; Sinclair X 1 f0 Stand Oil Ind. Aiosa Snei ... So Pac 10.700 TTNTTETD STATES STEED WELL StTPPOKTED BT TRADERS. Call 3Iony Opens at 5 Per Cent and Goes to 4 Per Cent in Final Hoar. NIW YORK. July 27. Weakness of arious speculative specialties and a steady to firm tone tor standard snares based largely on relaxed monetary conditions, were sharply contrasting features of to day' stock market. Leaders of the reaction at gross reces sions of 2 to 8 points Included Pressed Steel Car. American Car, Pullman, Inter, national Harvester, Central Leather com mon and preferred, Sears-Boebuck and Famous Players. United Drug overshadowed all other ls sues, however, opening at an additional decline of 54 points, extending this loss to zu at midday and finishing at a net re versal of -17i. There was considerable mystery ' con- nected with the collapse of this stock un til the last half of the session, when it became known that Louis K. Liggett, presi dent of the company, had placed his af fairs In the hands of trustees. United States Steel was well supported. traders evidently placing a favorable- in terpretation on the showins: made in the second quarterly report. Affiliated stocks neid steady with oils of the better tvrje but the entire list shaded toward the end when equipments were under severe pres sure. Sales 45,000 shares. Italian and T) 1 1 1 . rmtmm at Mi4nitlnn. ef 20 t, 30 points featured the very erratic foreign exchansre market. French and other continental bills were slightly lower. due sterling was relatively steady. Public Utility and convartlbl. rail. vr. the strongest issues in a fairly active and broad bond market. Liberty and interna- tlonal bonds were irregular. Total sales, par value. 10,250.000. CLOSENQ STOCK QUOTATIONS. CFurnished by Overbeck Cooke com pany, Portland.) Sales. Eigh. Low. U00 46 4K 1.000 400 1,80 soo 20.300 S.400 1,900 400 4.90O 2,400 1,800 1,800 12.500 ooo 700 i.Voo 800 6.400 So Railway do pfd . . . . . St L & S K... Strom Carb... Studebaker ... Swift 4 Co... Tenn C iC. Texas Oil Texas Pac . . , Tex P C i O. Tob Prod . . . , Tr Cont Oil.. Vnion Oil Del. union Pac .. united Allov.. United Drug.. LQta I'll frofl. United Fruit.. Utd Rds N J. Cnt Rtl Stores V B Ind Al... U S Rubber... do 1st Did.. TJ S Smelting U S Steel 24,400 do pfd ; 10O Utah Cop .... Va Chera .... Van Steel .... Vivandou . . Wabash do A pfd... do B pfd Wells Fargo.. West Pac .... vv est union... Westh A B Westh 15 Sc. M. West Md White Motors. Willys-Ovid .. do nf d Wilson Pack.. Wis Central... Woolworth . Worth Pump., w A L Bj.... 100 1,000 100 "i.Voo 600 1O0 100 206 2.4C0 2.S00 100 200 800 "i.Voo 200 1,000 200 800 100 soo 30O 4,000 100 1.800 6.100 4,200 500 9,500 200 300 700 100 1,100 100 4,800 20,400 2.'800 100 4,400 1,700 1.00O 100 200 3l0 1.000 "st.500 ltt.UOO 200 1,500 4O0 200 . . . 800 700 1,500 1,400 6,800 800 100 900 1.600 Adams Exp... Advance Rum. Agr Chem ... AJax Rubber.. Alaska Gold., Alaska Juneau Allied Chem.. Allis-Chal .... do pfd . Am Beet Sug. Am Bosch ... Am Can Co. . Am tar & jr.. do Dfd . . Am Cot Oil... do Dfd ..... Am Drug Syn. Am Hide 4 JL. do Dfd - Am Ice Am Intl Corp. Am Linseed. .. Am Loco .... do pfd Am Saf Razor Am Ship & C. 31 etmelter.. do pfd . . Am Steel Fdy. Am sugar ... do pfd . .. . w Am Sumatra. . A T & T Am Tobacco. do B Am Wool .... do pfd ..... Am W p pfd. Am Zinc ..... Anaconda .... Assd Oil Atchison ..... do pfd Atl G & W I Bald Loco .. do ptd Balto & Ohio. do Dfd ...... Beth Steel B. B R T Butte C & Z.. Butte & Sup.. Caddo Oil Cal Packing.. Cal Pefc do pfd Can Pac Cen Leather. Cerro de P. . . Chand Motor. Chi & N W. ... Chi Gt West.. . do pfd . . . . . Chili Cop .... Chino . ...... C M St P do pfd .' . . . Coco Cola .... C & O Colo F & I. ... Colo Q & E. .. Col Graoh . . . Con Gas 1,900 Contl Can- Contl Candy.. Corn Prod ... do pfd Cosden Oil ... C K 1 & P. ... do A pfd... do B pfd... Crucible do pfd . . . . Cuba Cane ... do pfd . . . . Cub Am Sug.. Dome Mines.. D & R G do pfd . . . . . Fndi Johnson. Erie do 1st pfd.. do 2d Dfd. .. Fam Players.. Fed M & Sm.. do pfd . . .. . Fisk Tire Gaston Wms.. Gen Cigars . .. Gen Elec . . . Gen Motors... do Us Gen Asphalt.. 36,700 Goodrich Goodyear .... Granby ...... Gt Nor Ore. .. do pfd ..... Greene Can... Gulf S Steel.. Kask Barker. Houston Oil... Hud Motor... Ill Central ... Inspiration . . lnt Agr Corp. do pfd ..... Interboro .... do pfd ..... Inir Callahan. Int Harv .... do Did ..... Int Her Mar.. do ptd ..... Int Nickel ... Int Paper .... Invln Oil .... Island Oil ... K C Southern. do pfd Kelly-Spgfld . K.ennecott ... Keystone Tire. Lack bteel ... Lee Tire Lehigh Valley. Lowe xneaters L & N . . Max Pet Miami . Mid states Oil Midvale Steel. M K se T .... do pfd . . . Mont Power... Mont Ward . .. Mo Pacific ... do pfd . . . . fc 1.2UO M St P &SSM. Is' at Enamel.. 100 Nat Lead .... Xev Con ..... 100 New Haven... 600 Nor ac West.. Nor Pac Nova Sco Steel N Y Air Brk.. N Y Central.. Okla Prod ref. Out Silver .t Ont & West... O'-is Steel . . Pac G & E. ... Pacific Oil ... Fan Am Pet.. do B Penna Peo Gas ..... Pere Marq ... Phila Co .... Pure Oil ..... Pierce Arrow. Pierce Oil .... Pitts Coal . . .. Pllts & W Va. do pfd Pr fe'tce. Car.. Pullman ..... Ray Con Heading ..... Remington ... Replo Steel Rep 1 i S. do pi a ..... Rep Motors... Ryl Dutch Oil Ry Steel Spg.. Saxon Motors.. Sears Roebuck 34 3 38 32 "son 33 284 12614 36 22 38 31 Hi "ioii S3 27 12314 4 10 52 25 85 "4 7 37 72 267, 6a "so 14 105 V, 123 122 54 72 "25" 9 88 14 98 85 22" 80 "39 49H 12 4 12 11 58 36 ii3 34 26 49 65 7 "io 23 27 42 33 56 25 57 4 89 100 1,200 4.'00 6,200 100 200 -4,900 "i.Voo 1.000 1,100 600 100 200 1,600 1,000 700 800 11,300 1,200 600 1,500 1,000 00 3O0 1,900 100 500 800 V 00 100 100 "i.Voo 1,000 . 100 7,500 200 10O 500 900 8,700 300 600 "i.Voo IOO 1,100 100 200 300 3.300 100 13.40O 400 4,800 300 900 400 90O 67 "29 33 74 64 56 "io 26 16 17 7m 1 62 13 20 14 48 12 1 i23 10 "53" 32 "l8 27 70 20 "j 67 "94" 34 414 10 61 "33 25 84 "i 7 87 72 , 2U 67 49"" 105 121 122 71 23 8 87 98 84 20 78 "38 . J. . . 4794 11 4 12 10 58 35 112 32 26 48 60 7 "io 23 27 41 32 55 25 66 4 88 . . . 66 2S 32 74 64 54 io 25 15 17 1 61 13 20 14 45 12 1 iii 10 60" 31 "is" 27 69 20 "se"" 64 "94' 34 3,500 100 100 1,500 BOO . . . .. 100 100 1,90 7,500 3,000 1.200 800 : 1.BOO l.loO 2O0 1,500 4.100 4O0 '"206 '7,300 8.100 500 2.9O0 800 4 12 4 73 "ii 46 14 64 10 3 26 "43 19 ia 39 28 52 .11 113 105 21 11 23 2 4 21 41 10 18 75" 23 67 ii'" 10 65 36 49 43 86 63 21 31 25 17 7 72 96 12 69 20 3 11 4 70 ..... 46 14 63 10 26 ii 19 12 89 28 61 11 113 103 21 10 23 i 4 20 40 10 18 "74 23 67 71 1 17" 10 54 35 48 43 36 52 20 80 25 16 7 84 94 12 68 18 . 1.100 46 45 200 2.800 1,800 "eVoo 12 53 5 12 61 ?7 4 Bid. 44 18 86 22 . 1 87 31 70 30 82 27 123 109 18 36 4 10 61 65 34 25 84 102 4 7 87 71 26 68 88 49 105 122 121 72 96 23 9 88 98 84 78 21 78 95 38 52 48 11 4 12 10 67 80 70 112 33 26 49 65 7 11 10 3 26 41 33 04 25 57 4 88 43 66 100 28 32 74 utv 55 eu 10 5 40 17 1 61 13 2U 14 46 21 1 57 10 t4 51 31 .it 18 27 68 si 56 00 11 3 34 7 86 3 11 4 72 99 10 45 53 io 2 25 6U 41 19 12 39 28 52 11 112 104 21 .11 23 2 4 45 20 I 40 . 65 47 74 10 18 95 74 23 66 71 1 . 8 17 10 64 86 49 43 36 63 20 . 80 25 17 7 64 27 73 65 12 68 19 20 46 82 . 65 20 20 78 21 46 24 78 78 97 "34 24 19 60 7 19 120 69" 17 105 "56 61 64 77 20 45 24 76 76 97 "33 23 19 68 7 19 119 "si" 17 104 "55" 60 62 74 109 300 200 100 400 600 26 29 6 8 22 73 109 "2 28 ' 6 7 22 200 400 IOO 10O 400 100 24 24 48 43 100 300 82 7 29 43 9 82 6 29 43 8 6 20 74 ' 84 78 20 45 24 71 77 7 7 84 23 19 69 7 19 119 24 67 17 105 8 85 60 63 - 94 " 30 73 109 49 26 2S 6 7 22 14 57 24 84 87 43 9 81 6 29 34 27 112 42 - 8 BONDS. TJ S 2s reg..,.100N T C de 6s. 91 do coupon . ..1014 M P 4s 76 TJ S 4s reg 104 N P Ss 55 do coupon ...104!pac T T 6..83 Pan 8s reg . 75Pa con 4s 85 do coupon ... 77 S P cv 6s...... "89 A T 4 T cv Ss.. 99. So Ry 6s 84 Atcn gen 48 i t I , K 4s . D & R Q eon 4s64U S Steel So 82 94 Bid. Liberty Bond Quotations. . Range of Liberty bond quotations fur nished by the Overbeck &. Cooke company of Portland: Liberty 3 do xirst 48 . . . do second 4s . . . do first 4 s do second 4s . do third 4s .. do, fourth 4Vis Victory 4s do, ss ....... Closing High. Lew. Bid. 67.20 87.02 87.14 87.46 ..; 87.32 87.64 S7.52 87.56 87.SO 87.34 87.44 91 54 91.44 91.50 87.58 87.46 87.52 98.48 98.44 98.48 s 88.48 The American dollar commands a large pre mium in England. For this reason we and our associates were en abled to purchase and now offer Tmlng Stocks at Boston. BOSTON, July 27. Closing quotation: Allouez 20 Aris Com 7 Calu & Ariz... 48 Calu & Hecla. .221 Centennial .... 7 East Butts ... 8 Cop Range .... 81 Franklin 1 Isle Royalle.... 19 Lake Copper... 2 Aionawk ....... 48 INorth Butts ... 9 Old Dom 22 Osceola 26 Quincy . . . v . . . 37 Superior 8 Sup & Boston.. 1 Shannon ...... 85 Utah Con 3 Winona 45 Wolverine 10 IGreene Can .... 20 Swift A company Stock. Closing prices for Swift Sc Company stocks at Chicago were reported by the Overbeck & Cooke company at Portland follows: Swift & Company . 96 Llbby, McNeill & Llbby 8 iNationai Leatner ................... 7 Swift International 24 Mor.ey, Sliver, Eto. NBW YORK, July 27. Prime mercantile paper, 66 per cent: exchange steady. Sterling, demand. $3.57; cables, 13.57. f rancs, demand, 7.70; caoies, 7.70. Beleian francs, demand. 7.52 U. .ahlf.. 7.53. Guilders, demand, ,30.65; cables. 30.71. Lire, demand, 4.09: cables, 4.10. Marks, demand, 1.26: cables. 1.27. Greece, demud, 6.47. Sweden., demand, 20..S0. Norway, demand. 12.80. Argentine. d- mand. 29.25: Brazilian, demand. 11.26; Mont-real, 11 per cent discount. Time loans steady: 60 davs. 90 days and six months. 6 per cent. Call money easier. high and ruling rate. 5: low. offered at and last loan, 4: closing bid, 4. Bar silver, domestic, 99; foreign. 61. Mexican dollars, 47 c. LONDON, July 27- Bar silver. 89d per ounce, money 3 per cent. Discount rates, short bills. 4 per cent Foreign Exchange. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland. The amount quoted is the equivalent of the foreign unit in united states funds: Austria, kronen .... ........... .10.0018 Belgium, francs Bulgaria, leva Czecho-Slovakia, kronen Denmark, kroner England, pound sterling. Finland, flnmark ....... France, francs ......... Germany, marks ........ Greece, drachmas ....... Holland, guilders ....... Hungary, kronen ....... Italy, lire Jugo-Slavia, kronen ..... Norway, kroner Portugal, escudos Roumania. let .......... Serbia, dinara Spain, pesetas Sweden, kroner C.-i . -T ., ,1 . China Hongkong, Ioca0 currency. . Shanghai, taela Japan, yen ' 0765 .0002 .0133 .1525 8.5R5 .0175 .0778 .0133 .0565 .31 .0033 .0416 .007 .1205 .125 .0135 .0245 . .12S2 .2035 .165 .5065 - .70 .4875 Foreign Bonds. - Foreign bond quotations furnish bv the Overbeck & Cooke company of Port land: Bid. Russian Bs, 1921. 11 Russian 5s, 1926 2 Russiarn 6s, 1919..... 12 French 5s, 1931 61 French 4s, 117 47 French 5s, 1020.............. 68 Italian 5s, 1918 30 British 5s, 1922 32 British 5s, 1927 351 British 5s, 1929 345 British vky. 4s. .............. 269 British ref. 4s. .............. .249 Belgian rest. 5s.............. 66 Belgian prem. 5s. ........... . 69 German W. L. 5s 9 Berlin 4s 11 Hamburg 4s 12 Leipsig 4s 3 I.eipslg 5s 12 Munich 4s .................. 12 Munich 5s .................. 13 Frankfort 4a ................ 12 Japan 4s m Japan first 4 s. ........... . 84 Japan second 4s 84 Paris 6s 99 United Kingdom 5s. 1921 90 United Kingdom 5s, 1922... 78 United Kingdom 5s. 1929... 88 United Kingdom 5s, 1937... 86 Asked. 14 4 15 62 48 69 31 a 1 z sr2 355 279 . 257 69 72 10 11 12 14 13 13 15 13 70 85 85 100 100 78 88 86 4 AND 5 External Gold Loan Bonds Republic of Brazil at prices to YIELD FROM 8 TO 1335 depending on exchange rates. In addition the possible profits on the principal invested may range from 56 to 116. Bonds in 100 500 1000 Denominations Call on or write us and we will explain the situation fully. LUMBBRMENS Broadway and Oak all grain chops. 139; eats, 142; rolled oats, S42; sprouting eats. 945; whole barley, $32; milled feed, $28; bran, $28; whole corn, $39: cracked corn. $41. Hay Alfalfa, $22: eastern Washington mixed timothy, $27; straw, $24. PRICE CLOSE IS NERVOUS WHEAT A'D CORX SHOW GAINS IVURIXG DAY'S SESSIOX. New York Sorar Market. NEW YORK, July 27. Raw supar. 4 file centrifugal; reiiaea, 6.85 & 5.80c for Opinion Gains Ground That Maxi mum of Wheat (Receipts Has Been Passed. CHICAGO. July 27. Indications that the harvest movement from the soft wheat states was about over had a bullish effect on the wheat market today. Prices closed nervous. 2 to '6c net higher, with Sep tember $1.271.27tt and December 1.28 1.20. Corn gained 34lc and oats finished. c off to c up. In pro visions the overcome was unchanged to 15 17c higher. evidence that country sellinc of wheat was abruptly falling off caused the opinion to gain ground that the maximum of re ceipts had been passed so far as the win ter crop was concerned, and that a ma jority of farmers were binning the rest oi tneir winter wneat to Hold for higher prices. Belief that current export business was much in excess of the published totals counted also as a strengthening factor. Besides, gossip was circulated that do mestic milling consumption promised to be much larger than during last year. An- i other strengthening influence was the government weekly crop report which com mented on unsatisfactory yields in the eastern portion of the spring wheat belt, and in many sections of the winter wheat region. About the only bearish news was a favorably summary of the European crop uuuook as to wneat. Need of rain in Iowa, Indiana and other states gave an upward slant to the corn market. Oats were relatively weak owing to heavy sales attributed to an eastern exporter. Firmness in the provision market was due in the main to the fact that hogs had risen to the highest quotations this season. The Chicago grain letter received yester day by the Overbeck & Cooke company of Portland follows: CHICAGO, July 27. Wheat. Th news on the whole was . of a very conservative nature, the principal item of which was the news from the seaboard that immense quantity of wheat had been sold yesterday for export, but the figures were not avail able, for the reason that exporters did not care to disclose the amount at this time. Export sals were also reported to South America. The reason given was that American wheat could be laid down there cheaper than the Argentine. While cash wheat was reported unchanged here, south western and northwestern markets were reported from 1 to 10 cents higher with a good demand. Broomhall foreign crop summary was construea as iavoraoie. while those from Canada were not as optimistic as pre viously reported. The government weekly crop and weath er report says mat winter wheat yields are still disappointing In many sections. The trade today was on a broader scale than it naa Deen zor some time past. Cash houses were prominent bnyers, probably against export sales. We believe prices will trend nnwarrl Corn Some rains were reported la Iowa and the Ohio valley over night. Fair weather is forecast for the next 24 hours. Reports from central and southern Indi ana say that corn is firing and badly in neea oi rain, as tney nave only had slight showers in the past five weeks. Caah prices were iincnanged to half higher. The weekly weather and crop report Is sued from Washington claims large sec tions in the Interior have suffered from the lack of moisture. Sentiment on the whole Is somewhat bearish, but large ex port sales are having a tendency to strengthen the market. We look on this cereal as being somewhat oversold, and with a further advance in wheat prices will no doubt sell higher. Oatg The weaknpFs in this cereal dnr- Final A small devfe with his; poaslblUtfew Fully protected by Unite States) an foreign pateata. 'ANNOUNCEMENT of itock Offering .We are authorized to offer at par the unsold portion of 80,000 shares of Common Stock of the Automatic Electric Brake Company An Oregon Corporation Capital Stock $500,000 Fully Paid and Non-assessable . No Mortgages From the previous sales of stock $57,049.19 has been credited for business development and promotion and for the perfecting of the devices owned by the Company; $51,200.77 has been credited for the machinery and equipment at the factory, and $25,151.09 is invested in materials for the stock of brakes now about ready for the market. ; The money realized from the- sale of this stock is to be used in the manufac ture and marketing of brakes," as development work is practically- complete. We urge parties who are interested in this character of investment to visit the factory of the Company 'at 440 Hancock street, where they may witness the demonstration of the brake and satisfy themselves as to its merits and. possibilities. Phone, write or call at our offices for full information. Industrial Financing Company' By Fletcher Linn, Pres. 1212-1214 Spalding Bldg. Slain 1090 Portland, Oregon Par Value of Shares $1.00 No Bonds for fins granulated. Seattle Grain Market. SEATTLE, July 27. Wheat Hard white sort white. $1.16; white club, 1.15; hard red winter, 1.14: soft red winter, northern spring, $1.18; eastern red Walla.. $1.12 Biff Bend bluestem. $1.20. City delivery: Feed Scratch feed. $48 baby scratch feed. $58; feed wheat, $4- Money to Loan Business and Residence Property Mortgage Bond Company Main 2S31. Wilcox Bids:. LARGE PROFITS! Tou are offered an amazing opportunity for monev making In the MUNICIPAL BONDS of Europe's seventh largest city. The bonds are secured by a di rect mortgage of I47.691.S2S on city property, against which there Is an outstanding debt of only three mUlion. ' A return to- normalcy will In crease the value of these bonds 119 times. The country of which this city Is the capital ' is showing- remarkable recup erative powers, and normalcy can be expected at no far dis tant future. But profits of 100, 600 and 1000 are en tirely possible within a very short time- Send for sur Literature "JI STORY & CO., Inc. 512 Fifth Are, New York tag the early trading hours was due to the liquidation of big long line. Exporters were said to be asking for offers on round lots, but no actual business has been re ported at this writing. The Price Current speaks of nnnsually light weight and says the government, re port will probably show a decrease In bushels. There may be some further li quidation, but we look on oats as a good Futures moved up with the bulge In wheat. The July gained most, with a little long rye coming out on the bulges, which was readily absorbed by the shorts. Deliveries on July contracts this morning were 141.000 bushels. The cash market was one to two higher. Leading futures were as follows: WHEAT. High. Lew. Close. t 1-8 $ 1.23 1.27 1.30 ' l.-'ttJ 1.28 CORN. .60i .61 -. .60 .61 OATS. .39 .38 H .89 4 .4214 .4154 .424 MESS PORK. Sept Deo. Sept.j Dec... Sept.? Dec... Ce en. $ 1.284 1.26 V .1 .60 .89 .42 Com No. a mixed. 63B4Vio; No. 3 yel low. 636S4c. Oats No. 2 white. 8(&361ic: No. 3 white, B3M C38C. Rye No. 2, $1.5501.284. Barleys 546c. Timothy seed $4 5. " Clover seed $1118. Pork Nominal. Lard $12.07 12. 12. Ribs $10.50 11.25. Minneapolis Grain Market. MINNEAPOLIS. July 27. Barley, 44 64c Flax. No. 1. $2.074 82.0 hk. Dnlnth Linseed Market. DCLTJTH, July 27. Unseed on track and arrive $2.11 'A: July. $2 11 asked. - ! PUTS lot? CALLS I : ! 21Q STOCK EXCHANGE 20 10 SHARES ISSUE. PROFITS 7-DAY-OP- T f l!?f TION FOR 213 LIMITED ' The only way to trade Kafely. Write for Booklet 54. FREE, ex plaining fully. C. GOLDHTJRST CO. Service! Reliability! i 50 Broad SL. New York I I July. Sept. Sept... Oct... - s.at . 1- SO X8- 80 ' LARD. 12.10 12.20 12.10 12.17 12.20 12.30 12.20 12.27 SHORT RIB. . 10.R0 10.85 10.80 10.85 10.65 10.75 10.65 10.75 Sept. Oct Cash prices were: Wheat No. 2 red. 1.24 V4 L hard. $1.25il 28H. " No. 2 -SSSSSOHISMWSWSiauSKHSEkSiaSdMh. r v,.". ,. -- We Offer and Eeconimerid United States of Brazil 4 Sterling Loan of 1889 Interest payable semi-annually, April 1 and. October 1 Denominations 1000, 500, 100 The Bonds are the Direct and General Obligations of the United States of Brazil, whose full faith and credit are pledged against the loan. . ' Price $185.00 Per 100 (par value $486.66) (This price includes 4 months' interest) An Annual Income on your investment of from 724 to 10J4 may be obtained, besides an increase of principal of 93 to 116, depending upon the rate of exchange at maturity date. Call, write or phone for details. pl-nevereauxRflmpany INVESTMENT BONDS ST SIXTH STREET PORTLAND. OREGON BROADWAY 1042 GROUND FLOOR WELLS -FARGO BUILDING Mortg We have made a loan of $300,000 to the owners of the Broadway-Yamhill (Hippo drome) Building, which is located on the N. W. corner of Broadway and Yamhill street. The mortgage is a closed first mortgage on both land and building. The property has a frontage of 100 feet on Broadway and 150 feet on Yamhill street. The bonds are in denominations of $1000 and $500 and we offer them to you at a price to yield 8. They mature serially in from one to five years. By investing your funds in the bonds which have been issued under this mortgage you have the assurance that your principal is safe and your income certain. Write or phone for descriptive circular, also for "Elementary Principles of Safe Investment," a booklet which we have prepared for you. Ask for it. BLVTHAVlTTEft &. CO. Yeon BIdg., PORTLAND CATTLE - SAM FRAN CISCO-103 AKGE1LS-NEW YD OK r Money in Freer Supply! Discount Rate of Bank Is Reduced to 5Vz Per Cent The redaction In the discount rate of the FederaJ Reserve bank of San Francisco on all classes of paper from S per cent to 6 per cent will be effective Monday, July 25. an nounces Frederick Greenwood, man ager of the local branch of the Fed eral Reserve bank of this district. (Journal. Jul? 2a.) The New Tork Federal Reserve bank has been periodically dropping- its discount rates from the high point of 7 until it Is -now down to 6V4 . Investors are awakening to the fact that money is becoming cheap and bonds are already coming into greater demand. Llbertya and almost the entire list of the foreign Issues have advanced very appreciably of late. If you want fixed Income securities at present prices, don't put off buying. Do It now. otherwise you will be too late. We still have a few modest amounts of French 7's. Van Camp 's and United Drug 8's (all 20-year issues) at the original subscription prices and a fine list of zsunicpals. Call or phone and let us go over our list with you. f" 1 1 Si ni.fc.mriin will 1 I vc -m VSa iound noo LUMBERMEN BUILOINfl FIFTH AND STARK roaiUNB WM 740 mm nuNctac