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