THE MORNING OREGONIAN, SATURDAT, JULY 30, 1921
19
WHEAT AGAIN GOES
DOMTEXCHIGE
Price Drops of From 1 to 3
Cents Are Recorded.
CROP REPORT IS BULLISH
Exchange to Have "o Session To
v tlay on Account of Funeral
of Henry Albers.
Porther drops In wire at prices fea.turei3
Caa session of tha Merchants' Exchange
- yesterday, the local market following- the
lead of the Chicago market in this re
pect although drops here were not so
sjreat as at Chicago.
The bid price on three of the grades
f wheat went down two cents under the
jreTku day's q not at ions while three other
Trades registered a drop of one cent a
bushel for spot delivery. Drops of one,
two and In one instance three cents for
A urn st and September delivery were
recorded.
The Merchants Exchange wma advised
that Snow'a crop report issued yesterday
m bullish on all grain a The report gave
corn conditions on July 25 as 83.7 per
cent versus 90.1 per cent on July 1. It
announced that a crop of 3,000,000,000
bushels waa Indicated.
The report said further:
"Heat and drouth In the grain district
record-breaking In Intensity. Threshing
returns are disappointing for winter wheat
and quality Is below expectations. Re
turns indicated 564,000,000 bushels. Spring
wheat has suffered extraordinary losses.
The condition is 63.7 per cent, indicating
a crop of 108.000,000 bushels. Much of it
Is very poor quality, light and shriveled.
The condition of oats is 63.7 per cent,
which is the lowest reported since 1806.
A crop of. 1,079,000,000 bushels Is Indi
cated." Broomhall's report as received by the
Merchants' Exchange said that wheat
options were easier on American advices.
In Argentina corn was declared to have
declined some on selling orders, but to
have rallied later. -
Bradstreet's, the exchange was advised,
announced exports from Norh America
this week as follows:
Wheat and flour. 10, 5 00", 000 bushels;
corn. 3.750,000 bushela.
Shipments from Argentina were declared
to have been as follows:
Wheat, 337.000 bushels; corn, 4.800,000
bushela
World's shipments of wheat and flour
-were reported by the Merchants' Exchange
as follows:
a dozen on shell egga. 20 cents a pound on
frozen eggs and 35 cents a pound on pow
dered and dried egga, The Fordney bill
as It passed the house and is now in the
hands of the senate, provides a duty of
6 cents on shell eggs, 4 cents a pound
on frozen eggs and 15 cents a pound on
powdered eggs.
S. W. Kerrigan, secretary of the Peta
luma Poultry association, has taken the
lead In the fight for the amendment. Be
has sent communications throughout the
west urging organisations to wire their
senators in support of the amendment.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland 93.531,033 9729.SH7
Seattle 4,371.003 9U3.929
Tacoma 327.6."3 57,253
Spokane 1.286,549 6o8,962
POKTIAXD MARKET QUOTATION'S
Grain, Flour, feed, Etc.
Merchants Exchange, noon session:
. Bid
Wheat July, Aug.
uara watte ...... ...9 I.J3 f 1.11
BOND MMET FIRMER
SHORT SEIXXXG OF SPECCTiA
, . TIYE ISSCES HEAVY.
Sept.
9 l.n
1.09
1.08
1.07
1.03
1.05
Soft white 1.10 1-10
White club 1.10 l.lO
Bard winter 1.0T 1-07
Northern spring .... 1.07 4.07
Red Walla 1.05 1.05
Oatsi
No. 2 white feed .... 27.00 25.00 24.00
Barley
Brewing 24.00 23. 0O 23-00
Corn
Standard feed 28.00 22.00
FLOUR Family patents, $7. SO per bar
rel; whole wheat. 96.20; graham. 96.00;
bakers' hard wheat. $7.25; bakers blue
stem patents, $6.75; valley bakers,
straights, 95.75.
MILLFEED Prices f. o. b. mill: Mill
run, 28 per ton; rolled barley, 93537;
rolled oats, 937; scratch feed, 950 per ton.
CORN Whole. 938; cracked, 949 per
ton.
HAY Buying price f. o. b. Portland;
Alfalfa, 915 per ton; cheat, new. 914 ton;
clover, $11 per ton: valley timothy, new,
$19&20; eastern Oregon timothy, $26
Dairy and Country Produce.
BUTTER Cuoes. extras, S4c per pound;
prime firsts, 33c; prints, parchment
wrapped, box lots, 40c; cartons. 41c. But
t erf at. buying prices: A grade, 34c; B
grade, 82c. Portland delivery.
EXKJS Case count. S234c; candle ranch
eggs, 34$r3tc; selects. 37 ft-39c.
CHEESE Tillamook, triplets, price to
Jobbers, f. o. b. Tillamook. 2c; Young
American, 27c pound.
POULTRY Hens, 17 23c ih. ; spring
Leghorns. 22fr25c; Rocks and Reds, 24
27c; ducks, 24c; geese, nominal ; tur-
Leghorns, 23 'jp 25c ; Rocks and Reds, 23 Q
28c; ducks, 2024c; geese, nominal; tur
keys, nominal.
PORK Fancy, 16c per pound.
VEAL Fancy. 14 yc per pound.
Fruits and Vegetables.
FRTJTTS Valencia oranges, 95.506.25
per box; lemons, 911.50&13; grapefruit.
93. 50 4.50 box; bananas. 10 lie pound;
apples, old crop. 9-&2.23 per box; new,
91.502; cherries, 614o pound; can
taloupes. 9l.733.75 crate; peaches, $1
91.50 box; watermelons, 2 3Vic pound;
Honeydew melons, $2.25; apricots, $1.50
q, 2 box; plums. 91-50 u2.25 box; raspber
ries, 91.501.75 crate; loganberries, $1.50
CP 1.75 per crate; blackcaps, $2)2,25 per
crate; pears, $3.754 box.
POTATOES New Oregon, 2 2c a
pound; new California, 23c pound.
ONIONS California red. $1.75 sack;
yellow. $2 sack; Walla Walla. 92.
VEGETABLES Cabbage, 4Ve pound;
lettuce, $2.50 per crate; carrots, $2.50
per sack; garlic. 10 20c per pound; beets,
92.25 &' 2.50 per sack ; green peppers, 30c
per pound; rhubarb, 50c per pound; tur
nips, 92.50 per sack; tomatoes. 91 1.50 per
Leading Foreign Exchanges Are
Ijower Call Money Holds at
4 7s Per Cent.
NEW YORK. July 29. Farther unsettle
ment was manifested bv the stock market
today on renewal of liquidation and short
selling of speculative issues. Ralls and
the more seasoned industrials were Im
mune from pressure, but eased in the gen
eral reversal of the last hour. New ele
ments of weakness were uncovered by the
aggressive bears. Shippings, notably United
Fruit and Mercantile Marine preferred
were freely offered on adverse rate condi
tions and the cheaper motors proved sus
ceptible to reports of a slackening demand.
Chemical and paper specialties were sold
to the accompaniment of lower prices for
those commodities, together with labor dis
turbances. Various miscellaneous issues
fell 1 to 2 points.
The more stable equipments made par
tial recoveries from mid-week reactions
and further advance in prices of raw and
reflne rubbers infused firmness to the
tire group but a heavy tone ruled at the
close. Sales amounted to 435.000 shares.
Cadi money held at 4 per cent, up
setting the calculations of borrowers who
had hoped for renewals at yesterday's min
imum rate of 3Vi per cent. More time
funds were available, however, at 5 per
cent.
All leading foreign exchanges wwre
lower, demand sterling falling a fraction
under $3.56, with concurrent weakness in
French and Belgian francs, also marks and
guilders.
The bond market made further upward
progress on enlarged operations, with for
eign issues the chief features. Liberties
closed mostly at substantial gains. Total
sales, par value $14,450,000.
CLOSING STOCK QUOTATIONS.
D.iS. XllgO. LAW.
700
"266
130O
lOO
From
TJnited States and Canada.
Argentine . . -
Australia
Others
Week Ending Week Ending
July 23. '21 July 24. "20
7.032.000
1.1H3.000
2.192,000
Totals
....10,387.000
8.773,000
3,805.000
1,490,000
14,074,000
Total Since
July 1. '21
21.850.000
4.8S2.000
4.090.000
512.000
31,340.000
Same Period
Last Season
38,701.000
24.222.000
5.640.000
3 9 9
..135
24 190 57 119
16 50 52 58
2 2 4
3
6 80 7 55
4 103 2 54
4 2 10
1 .... 2
5 60 79 120
4 26 .. 16ft
There will be no session of the Mer
chants' -Exchange today on account of the
funeral of Henry Albers, who was a
member.
Terminal receipts. In ears, were reported
by the Merchants Exchange as follows:
Wheat. Bar. Fir. Oats. Hay.
Portland Friday. 90
Year ago 25
Season to date... 1597
Year ago 1042
Tacoma Thursd'y 21
Year ago 7
Season to date. . . 314
Year ago 168
Seattle --Thursday 15
Year ago 1
Season to date... 74
Year ago 74
BUTTER AND EGGS DEMAND GROWS
Egga Now Being Shipped to New York
City in Carload Ixts.
The general demand for butter and
ggs for shipment to eastern markets
combined with the advance in prices on
those commodities In the east has re
sulted In a general strengthening of the
Pcrtland market. Extra grade stocks are
extremely scarce.
As a result of the strengthening of the
market here an advance of a cent or two
In the price of eggs Is expected by local
dealers unless there should be a speedy
change In market conditions in the east.
Aa a result of the scarcity of eggs at
New York city that metropolis is now
buying Pacific coast eggs and paying
prices as high as 54 cents a dozen for
choice offerings. This high price has re
sulted In eggs being shipped in carload
lets from this city, Seattle and Petaluma.
The result has been a draining of the
fresh eggs and eggs of the best quality
from the local market. Storage eggs are
now being brought out of the cooler to
supply the demand locally.
The butter market has also shown some
stimulation as a result of advances in
prices in the east- There is also a grow
ing scarcity of cream for the manufacture
of the product here thus cutting down the
supply.
The cold storage holdings of butter on
hand Tuesday morning in the four
principal consuming centers, which are.
New York, Boston, Chicago and Phila
delphia, show a decrease of nearly 7,000,
0410 pounds compared to the same time
last year. The egg holdings are 300,000
cases greater than stocks on hand July
26, 1820.
GOOD TONE IN POULTRY MARKET
Itnrry Fowls Go Well But Light Ones Are
Slow on Street.
A good tone in the poultry market ex
cept in thte case of light stock is reported
by commission houses on Front street.
Heavy hens and springers were reported
to be going fairly well at good prices.
Light fowl, however, were slow and there
was little demand.
The market for dressed meats yesterday
was steady with a medium demand. There
vai no change in price a Receipts yes
terday were moderate.
SUGAR MAKES FURTHER ADVANCE
Ten Onts a Sack Added to the Price of
Cane and Beet Product,
A further advance of 10 cents a sack
was made on cbast sugar prices yesterday
morning by wholesale dealers. As a 1
ault the best grades of cane granulated
sugar went to 97.05 a sack and the beet
suirar to $6.85.
The eastern refineries are now quoting
fine granulated augar at 95.85 to 96, and
the refineries at San Francisco quote this
same grade at $6 40.
POULTRY MEN FAVOR AMENDMENT
Fight for Protection of Egg Industry of
Coast Being Made. .
Poultry men of the Pacific coast are
making an effort to secure the passage
of the amendment to the Fordney bill
which would provide a tariff of 12 cents
NewPotatoesWanted
w. have a Terr rood outlet for new
pun. ior noiei ana Bona trmde both.
Consifrn to ua. We guarantee prompt and
THE 8AVTXAR CO., IXC..
100 Front St. Est. 1913. Portland. Or,
Beferenos V. 8. National Bank.
3100 82
box; cucumbers, 6590c per dozen; peas.
10(i15c per pound: beans. lu15c Per
pound; green corn. $404.00 per crate.
Staple Groceries.
Local Jobbing quotations:
SUGAR (sack basts! Cane, granulated,
J7.0o pound; best, $0.85 pound.
NUTS Walnuts, 2325c pound; Brazil
nuts. lSl!0c; filberts. ISc; almonds, 24
30c; peanuts, 8llc pound.
Provisions.
RICE Blue Rose, ttc per pound; Japan
style. 4c per pound.
BEANS Small white. 514c; pink. 8c;
lima. 7ic; red, 10c per pound.
COFFEE Roasted, bulk, in drums,' 14 0
30c per pound.
SALT Granulated, barrel. I3.40P4 25:
.half ground, ton 50s. 17.25; 100s, ia.2i;
lump roclc. lo.iU.
DRIED FRUITS Dates. 4.256 8j per
dox; iigs. ia.zovyo.zo per dox; prunes, 7
luc per pounu.
HAMS All sizes. 3739c: skinned. 343
41c: picnic, 20 Hi Ulc; cottage roll, 25c. I
badu.v "ancy, 47 4jii-c; choice, 2
c; standard, 2u29c.
LARD Pure, tierces. 16c nound: com
pound, tierces, 12He.
U"I SALT Backs. 22i925c: plates. 16c.
Hides, Hops. Etc.
TALLOW No. 1. 4c: Mo. 2. 21484e
per pound.
CASCAR A BARK Five cents nound
delivered Portland.
HOPS 1!20 crop, ll13o per pound.
HIDES Nominal.
WOOL New clip. 12ffi21o per pound.
MOHAIR New Clin. 16c ner nound.
delivered Portland.
GRAIN BAGS Nine cents) at conntrv
points. !
Oils.
LINSEED OIL Raw. in barrel. ,1 02:
5-gaUon cans, $1.17. Boiled, in barrels.
11.04; 5-gallon cans, 11.19.
TURPENTINE In drums. 92c. S-rallnn
cans, ,1.07.
WHITE LEAD 100-lb. kegs. 13c per lb.
COAL OIL Tank waeons n i ipnn
barrels. 17c; cases. 30to37c.
GASOLINE Tank waaona mi Iron
barrel. 2sc; cases, 4014c.
SAN KRAN CISCO PRODUCE MARKET
Price, Current on Tegetablea, Fresh Fruits,
Etc, at Bay City. .
SAN FRANCISCO, July 29. Vegetables
Potatoes, old. nominal: new. Garnets.
il.256l. aO; white. 1.501.75; onions, new
red, 7585c; green, $1.5001.70; tomatoes.
can reoro, small lug, fe3.50; crates, $24,
ro; Merced, large 2S-lb. box. Ii.25s su
small. $1.251.75; peppers, bell, 10"0c'
chile, 10 1 Hoc; peas, Sir He: beans. Ken.
tucky Wonder, 810c; garden, 10llc
Italian, l-'13c; lima, 10012c; wax. 48c
carrots, $1.25 1.50 sack; eggplant, south
ern. 2.503 30-pound box. 7ec In
crates and boxes; corn, Alameda, $34;
rhubarb, $11.25 box; celery, crat. white
$5; yellow. $6.50; artichoke. $410 lug;
lettuce, - crate; squash, Italian, 13
614c
Poultrjr Toung chickens. 25045c: ataan
roosters. 2025c; old, 1518c; hens, 17
45c; ducks, 20c: geese. 25c; turkeys, live,
35c; dressed, 4550c; Belgian hares, live.
1314c; dressed. 1820c; squabs, fancy,
35c; pigeons, $2 dozen.
Fruit Oranges. Valencia. $3.5094.75: lem
ons. $3. 508.50; lemonettes, $45; grape-
iruiu apples, i.)cc:.75; strawber
ries, aula buc drawer; $1 1.50 crate; black
berries, 30$p34c drawer, 8O90c crate;
loganberries, nominal. $lf1.25 crate;
raspberries. 654 85c drawer. 31.75 crate:
bananas, 89o pound; avocadoea $309
dozen; cherries, $1.50(31.75; apricots. It,
6c pound; peaches. $1.50 basket. $2.60 a
lug: cantaloupes, Turlock standards, $1.75
W.-'a; ponies, ai.2O0l.7a: flats, 7o85c;
figs, 75c$l single layer, $2.252.75
double; plums, $1)1.50 crate; honeydew
melons, $1.501.65 crate; casabas, 22c
pound; watermelons, lH2c; grapee. $2
2.25; pears, $lj2.30; prunes, $1.50 1. 75
crate.
Wheat hay. $13018: tame oat. $12015:
wild oat. $10012: barley, $10012; alfalfa.
$914; stock. 8 010.
Receipts: Flour. 1246 quarter barrel:
wbeat. 4O0O centals: barley. 3694 centals
oats, 839 centals; beans. 425 sacks; pota
toes, au.n sacks; onions. 434 sacks. Live
stock, 81 head; bides. 500 bundles.
Coffee Futures Advance.
KEW YORK, July 29. The market for
coffeee futures was influenced by further
improvement In spot coffee today and
after a steady start, with prlcs 2 to 3
points higher, advanced on trade buying
and local covering until September
reached 6,57c and December 7.01c, or 14
to 15 points over the previous close. While
there were no official cables because of
the holiday in Brasil yesterday, private
cables reported today's market firmer.
partly on rumors of a European loan to
Brazil. Scattered realizing weakened the
lata market six or seven points from top,
but it closed steady at a net advance of
seven to 12 points. September, 6.50c; De
cember, 6.95c; March. 7.80c; May, 7.50c.
Spot coffee firm with a fair demand es
pecially for new-crop selections of Santos.
Rio 7s. 6-Jie; Santos 4a, 9 M to 10c,
New Tork Cotton Market.
NEW TORK. July 29. Cotton Spot,
ouiet; middling, 12.00a.
Adams Express. 500
Advance Rum
Agr Chem 300
Ajax Rubber... 20O
Alaska Gold . .-
Alaska Juneau. 100
Allied Chem.... 8300
Allis-Chalmers , ....
do pfd
Am Beet Sugar. 20O
Am Bosch ..... 2200
Am Can Co.... SOO
do pfd
Am Car & Fdy.
do pfd. ......
Am Cot OU....
do pfd
Am Drug Synd.
Am Hide & L..
do pt'd. ......
Am Ice
Am Intl Corp
Am LinseecL..
do pfd
Am Loco. . . .
do Dfd
Ami Saf Razor.. 200
Am Ship & pom 74o0
Am Smelter
do pfd
Am Steel Fdv. ....
Am Supar 3000
do ptu 200
Am Sumatra... 2000
Am Tel & Tel.. 550O
Am Tobacco 1200
do 'B" 300
Am Wool 4000
do pfd 300
Am W P pfd. . . 100
Am Zinc ....
Anaconda .....
Assd Oil
Atchison .....
do pfd
Atl G Sc W I. ..
Baldwin Loco..
do pfd
Balto & Ohio..
Beth Steel -'B" .
B R T
Butte C & Z...
Butte & Sup. ..
Caddo Oil
Calif Packing..
Calif Pet
do, pfd
Canadian Pac. .
Cen Leather. . .
Cerro de Pasco.
Chandler Motor.
C & N W
Chicago Gt W..
do pfd 30O
Chill Cop 12O0
Chino 400
C M ft St P... 140O
do pfd 1400
Coco Cola...... 1600
C & 0 700
Colo F & I . BOO
Colo - Southern
Col Gas & Elec 1600
Columbia Graph ....
Con Gas 600
Con Cigars 100
do pfd
Contl Can 100
Contl Candy.... 100
Corn Prod..... 500
do old
Cosden Oil 1600
C R I & P 3400
do A pfd
do "B" Dfd. . 400
Crucible IOOO
do Dfd. . - ....
Cuba Cane 2200
do Dfd 1000
Cuban Am Sug. 900
Dome Alines... SOO
D & R G '
do Dfd 20O
Endicott John.. BOO
Erie 1000
36
23
"in
31 Vj
80 H
32-14
27
124"
19
S3
24
35
23
'i
88 Ss
31
80 ii
SO 14
264
122
i8
33
24
80
7
68
49
105
123
123
72
23
600 37
llOO 100
2400 85
100
21
7400 78
2100 30
400 4U
1100 13
100 3
"766 57"
400 36
3200 113
B00 35
200 26
1000 49
300 66
600
100
5200
"200
"1800
..J0600
. . 2600
. . 9900
. . 200
10OO
200
100
30O
600
3O0
400
, 100
10O
"066
22(H
300
3800
do 1st pfd.'.
do 2d Dfd.
Kam players..
Fed M & Sm..
do Pfd......
Fisk Tire
Gaston Wma. .
Gen Cigars. .
tien Elec. . . .
Gen. Motor. .
Gen Asphalt
Looaricn . ....
Goodyear ......
Granby .......
Gt Nor Ore....
do pfd
Greene Cananea
Gulf S Steel
Hask Barker..
Houston OU ..
Hudd Motor
111 Cent
Inspiration ....
Int Ag Cor com
do Dfd....
Interboro ......
do Did
Interstate Cal..
Int Harv
do Dfd
Int Mer Mar
do Dfd. . . .
Int Nickel . .
Int Paper...
do Dfd
Invincible Oil.. 500
Island Oil 800
Jewel Tea .... 800
K C Southern.. 700
do Dfd 400
Kelly-Spgtld ...14200
Kennecott ..... 100
Keystone Tire.. 800
Lack Steel
Lee Tire 500
Lehigh valley.. 800
LoriUard 200
Lowe Theaters. 23K
L & N
Mex Pet
Miami . . 200
Mid States Oil. 1300
Midvale Steel..' 100
M K & T...
do pfd
Mont Power. ...
Mont. Ward ...
Mo Pac
do pfd
M St P & S S M
M & hi L
Nat Enamel....
Nat Lead. . . .
Nevada Con..
New Haven . .
Norfolk & W.
Nor Pac
N S Steel
N Y Air Brake
N Y Central... 2300
Okla Prod ref.
Ontarte Silver.
Ontario at W. .
Otis Steel
Pacific Dev. . .
Pac Gas & EI
Pacific Oil
Pan Am Pet..
do "B"
Penna ........
Peo Gas
Pere Marquette
17
10
23
28
43
34
5
23
65"
4
S8
43
67
29"
. 33
74
64
55
ii"
2S
16
17
"J
61
14
20
47
21
13
118
10
53
32
6
68
48
105
121
122
37
99
84
20
77
89"
48
12
3
6r.
35
112"
. 33
20
4.-1
66
17
10
22
33
56
22
54"
80
43
67""
28
82
74
64
64
10
26
16
17
co
13
20
45'
21
12
Texas Oil 11200
Texac Pac IOIOO
Tex Pac C oe O. 700
Tob -Products. . . 5o0
Tran Con OU... 2100
Union Oil Del. 200
Union Pac .... S300
United Alloy
United Drug... 8300
United Food FT. 700
United Fruit... 60O0
United Ret St. . 1900
U S Ind Alcohol 600
U S Rubber.... 2oOO
do 1st pfd... .
TJ S Smelting., loo
TJ S Steel 5300
do pfd ., 200
Utah Copper... 21oO
Va Chem 400
do pfd 60O
Vanadium Steel 40O
Vlvandou ...... ....
Wabash ....... 100
do "A" pfd.. 100O
do "B" pfd
Wells Fargo
Western Pac... 1300
Western Union. 200
Westhse JS & M 600
Westhse B 4b M 600
West Md SOO
White Motors. . 200
Willys Overland 1OO0
do pf d . ...... lluo
Wilson Pkg
Wise Central... 300
Woolworth .... 100
Worth Pump... 700
w & Lm e ...... ....
35
26
20
59
7
19
121
60"
17
102
54
49
6
74
109
48
24
69
28
84 K
24
19
58
7
19
120
68
16
99
58
49
52
73
109
47
23
68
28
22 22
25 1
82 -,
42
42
28
112
40
25
82
41
41
28
112
8-1
25
19
67
7
19
120
25
69
16
99
53 1
49 T
B2
95
30
73
109
47
24
68
28
6
7
. 22
14
57.
25
82
42
62
8
Sl
6
28
34
28
112
89
8
WHEAT MARKET WEAKER, ;
LACK OF EXPORT DEHiXD IS
FACTOR IX DROP.
Light weathers .
eavy wettten ..
XD. 1.
TJ S 2s reg. .
do coupon
U S 4s reg 10414
do coupon. ..104
Panama 8s reg. 74
uo coupon... 74
A T A T ev Aalnn
Atchn gen 4s.. 78
vtK.xvv. con as.. 04
Bid.
BONDS.
100 N T C deb 6s.. BI
101 .Nor Pac 4s 79
Nor Fac 3s.... 67
Pac T & T 5s..7S
Penna con 4s.85
So Pac cv 6s...89
SO Ry 5s 85
Union Pac 4s... 83
U S Steel 5s.... 94
6500 72
56
11
92
33
4
12
4
72
10
45
14
52
10
3
9
20
49
43
194J
13
28""
64
ii
1100 112
11 soo 105
21
11
23
. . 400 2
900
300
116
10
51
82
56
11
92
83
3
11
4
71
10
42
50
io"
2
J
25
49
41
19
12
27
63
iii'
103
10
23
2
200
2000
100
6200
100
4400
2200
100
100
8600
1700
900
6900
800
400
Philadelphia Co. 100
Pure-Oil 1300
Pierce Arrow. . .81100
Pierce Oil 400
Pitts Coal
Pitts & W Va. . 100
Pressed St Car. 2700
Pullman 6800
Ray Con
Reading 10000
Replogle Steel. 100
Rep I & S 900
do pfd IOO
Rep Motors.... 800
Royal Dutch OU 300
Ry St Spg 1200
Saxon Motors., 700
Sears Roebuck. 2600
Shattuck Aria..
Sinclair
Stand Oil CaL..
Sloss Sbef ....
Sou Pacific 180O
Southern Ry... 200
do pfd 400
St L & S F... 1100
Stromb Carb... 2iM
Studebaker
Swift se Co.
Itto Cop & Co. aata
8800
200
4500
20 20
41 40
48" 4-"
72 71
10 10
18 . 16
96 S6
77 - 76
72 Ti
2 1
io" io"
3" 86
49 4S
43 43
87 37
64 63
21 20
80 30
25 25
1S
T 7
67 66 '
93 90
76 eo
ie
it ?j
4 4
66 64
26 20"
79 78
20 20
46 46
25 24
80 30
77 .75
96 86
Bid.
44
13
36
22
1
87
30
72
30
80
26
81
122
109
18
38
4
10
52
67
32
24
56
Sl
102
4
6
87
71
25
68
48
105
122
121
70
96
23
,8
37
loo4
84
78
21
77
90
39
49
12
3
12
10
56
35
71
112
34
26
49
66 i
7
17
10
22
Cl
42 'A
33
00
22
a i
54
4
88
29
65
44
66
100
28
94
73
63
54
SO
10
27 .
16
17 I
1
60
13
19
14
46
5
21
12
18
57
nr
10
52
31
12
37
72
20
80
53
64
92
83
7
86
8
11
4
71
99
10
43
14-
51
90
9
8
25
49
43
19
12
88
27
53
146
Jl
111
104
20
23
2
8
44
17
20
41
66
11
47
72
10
16
96
77
22
54
71
1
8
17
10
9
55
86
48
42
87
53
20
80
25
'13
7
64
27
56
92
12
6!
20
46
84
12
61
74
4
no
zo
74
34
78
20
45
24
BO
76
86
I5
' Liberty Bond Quotations.
Range of liberty bond onntntlnna
Dished by the Overbeck & Cooke company
of Portland:
Closing
IT-lKn.. LrOW. ism.
..$88.1 $87.60 $88.02
87.78
87.56
87.80 87.86
87.60 87.74
91 80 91.86
87.80 87.88
98.58 98.64
Liberty. 8.
Liberty, 1st 4s
Liberty, 2d 4s
Liberty, 1st 4...
Liberty, 2d 4 a...
Liberty. 3d 4s...
Liberty. 4th 4 a..
Victory. 4a
Victory, 3 s ....
87 98
87.80
92.04
88 00
98.63
98.68 98.58 98.64
Mining- Stocks at Boston.
18
. 7
. 46
.219
. 8
. 81
. 7
: 19
. 2
48
9
22
Mohawk
North Butte . .
Old Dominion.
Osceola ......
Qulncy 37
"Superior 3
Sup & Boston.. 1
Shannon ....... 85
Utah Con ..... 3
Allouez
Ariz Com....
Calu & Ariz.
Calu & Hecla
Centennial . .
Cop Range .
East Butte..
Franklin ....
Isle Roy&lle
Lake Copper
Wall Street fltorlo.
Granby Cons. . . 17 IGreene Cananea M
Swift A Co. Stocks.
Closing price, foe Swift a. rn ,
Chicago were reported by the Overbeck &
.comPny at Portland aa follows:
80
8
7
23
Selling In Xiast Boor Carries Mar
ket Do wn lii 1 1 Provisions
Are Down.
wift & Co
Llbby. McNeil & Llbby.
National Leather ....
Swift International . . .
Money, Silver, Ktc
NEW TORK. July 29. Prim, mercan
tile paper 66 per cent; exchange weak.
Sterling, demand 8.5S. cables 3.56;
francs, demand 7.58, cables 7.59; Belgian
francs, demand 7.32. cablea 7.33; guilders,
demand 30.75. cables 30.81; lire, demand
4.17. cables 4.18; marks, demand 1 23,
cables 1.24: Greece, demand 5.45; Sweden,
cemand 20.35; Norway, demand 12 70
Argentine, demand 29.75; Brazilian, de
mand 11.25; Montreal. 10 16-16 pez cent
discount.
Time loans easy: 60 days. 80 day. 8
00 per cent; six months 6 per cent.
Call money easy; high. low. ruling rate,
offered at and last loan 4 per cent; clos
ing Md 4 per cent.
uar silver, domestic, 99
61. Mexican dollars, 47c
foreign.
LONDON. July 29 Bar silver 88 d per
ounce. Money 3 per cent; discount
rates, short bills 4 per cent.
Foreign Bonds.
Foreign bond quotations furnished by the
Overbeck & Cooke company of Portland:
Bid. Ask.
CHICAGO, July 29. Accumulating
stocks and diminishing outlet counted as
depressing factor, in th. wheat market
today. Prices closed nnsettled 1 to 5
cents lower, with September $1.23 to
$1.25 and DeoemDtr $1.26 to $1.26.
Corn lost cent. Provisions closed un
changed to 35 cents lower.
With, receipts here totaling nearly 700
oars and with even heavier arrivals at
Kansas City, the market soon gave evi
dence of feeling an apparent almost com
plete stoppage of export demand. In this
connection bears pointed out that in three
weeks Chicago had received 13.000.000
bushels, whereas shipments from here had
been only 8,000,000 bushela The situation
was further illustrated by announcement
that today's export business amounted to
but three cargoes of which two were for
Brazil, leaving juM a single cargo bought
for Europe. Bullish reports as to the
probable size of the domestic spring crop
and as to drought in Germany rallied the
market during the middle of the session.
In the last hour, however, selling led by
a big elevator concern carried the market
downhill again and the finish was about
at the loweat level nf th.
Beneficial rains out the corn market
under constant, pressure although values
naraened temporarily when wheat' showed
a transient upturn. .
Oats merely reflected the action of ether
grain.
Provision, had a general downward slant
owing to assertions that the forthcoming
monthly warehouse statement would be a
oearisn one.
The Chicago market letter received yes
terday by the Overbeck & Cooke company
of Portland follows:
Wheat Although th. -wbeat new. wna
of sensational character, there was not 1
enougn support from the outside to sus
tain the temporary advance, which was
brought about by crop experts news re
Ports wbich Indicated a loss of nearly 50
million bushels under the last government
report. H. also stated that the spring
wheat crop, aa a result of heat, drought,
blight and rust In the northwest, has suf
fered extraordinary losses, and the Indi
cated spring wheat crop was only 198.
000.000 bushels, most of It in very poor
quality, light and shriveled. It Is very
apparent the majority of traders are bear
ish and 'wiil not give news such as abov.
consideration and we are of the opinion
prices will be much higher eventually.
v-orn rutins over a portion of the belt
during the night caused a lower opening,
which was later regained on a report that
the indicated yield of corn was only thres
billion bushels, heat and drought having
been record breaking in Its intensity and
cauning a loss of about 150.000,000 bushels
in tne past 25 days. As In wheat, there
was a dearth of Interest, and on realising
sales the market closed at a net loss for
tne aay
Oats Crop reports earning from diversi
fied sections of the country still speak of
light yields and light weights, which,
measured in bushels, will probablv make
a very small total for the year. The ex
port bnsiness Is practically nil and th,
hedging pressure Is more than sufficient
to take care of the small amour t of spec
ulative ouying. prices may sag further,
hut we are of the opinion that later on the
short-crop will have a vei-v bullish effect
on prices.
Rye Futures displayed an easier ton.
with the July weakening moat, as many
of the shorts have covered their contracts
recently and deliveries have been of good
size. Today's deliveries were 127,000 bush
els. Cash prices were 4 to 3 lower.
Leading futures were as follows:
WHEAT.
Ooen. Mie-h. T.nw )..
Sept... $ 1.24 $ 1.26 $ 1.23 $ 1.23
8.00 0 160
s.ooa 8 00
1.OO0 S.UU
Chicago Livestock Market.
CHICAGO, July 29. (U. 8. Bursas of
Markets. Cattle 4000, market alow, gen
erally steady; bulk steera. 7.25t; bulk
fat she-stock. $4.50 06.50; canners and
cutters largely 2.75t3 7S: bulk bulls.
$54x6; choice light butcher bulla $6.5007:
ulk light veal calves, $10010.50; heavy
calves. $7 09.
Hogs 16.OO0. active, better grades me
dium to strong weight, steady to 10c lower,
all others steady to 10c higher than yes
terday's average; top, $11.75; bulk lights
and light butchers. $11.25011.70; bulk
packing sows. $9.50010; pigs mostly
steady bulk, better grades. $10.75 011.25.
Sheep 9O00. native lambs strong to 25c
higher; packer top, $10; bulk, $9.250 9.60;
.wcra i 111 lis, iiraiiy to c aifnw; .op,
$10.25; others $10 and $9.50; Montana
wethers, $6, about steady, considering sort;
native fat ewes, top, $5; bulk, $4 04.7a.
Kansas City livestock Market.
KANSAS CITY. Mo.. July 23. (TJ. 8.
Bureau of Markets. Cattle Receipts
260O, all classes generally steady; prime,
10SO to 1151-pound steers $9.4009.50;
other natives. $5.60 0 8.50; 15 loads Mexican-Texas,
$5.35; 14 loads quarantine
Texas, $6; best cows $6; bulk $405.25;
good vealers $S; hardly any cannera, bulls
and feeders on sale.
Hogs Receipts 2000; better grade active
and steady; others 5 to 10 cents lower:
one load light to shippers. $11.30; 235 to
240-pound weights. $1101L15: prime 280
pound weights $11; bulk of sales. $10,750
11.20; packer top $11.20; pigs strong to
25c higher. $10.50 paid.
Sheep Receipts 2500, mostly direct ' to
-packers: few sales; native sheep and
lambs steady; best lambs $9.
Omaha Livestock Market.
OMAHA. July 29. (TJ. 8. Bureau of
Markets.) Hogs 10.0OO, mostly lOo to
15c lower; bulk, better grades, $9.76010.75:
top, $10.00; packing grades. $909.35.
Cattle 1300, all classes generally steady;
top yearlings, $9.50.
eheep 40OO, lambs steady to strong;
bulk- westerns. $9.750 IO; heldinc best
westerns st $10.25; sheep steady; range
yearlings, $0.75; ewe top. $5.26; feeders
dulL
Russian 5s. 1921..
Russian 5s, 1926..
Russian 6s, 1919.
French 5s, 1931....
French 4s, 1917....
French 5s. 1920....
Italian 5s. 1918....
British 5s. 1H22....
British 5s, 1927....
British 6s. 1929....
British vky 4s
British ref 4s
Belgium rest 6s...
Belgium prem 6s...
German W L 5a...
Berlin 4s
Hamburg 4s
Hamburg 4s .....
Leipsig 4s
Leipsi?- 5s ........
Munich 4s
Munich 5s ........
Frankfort 4s
Jap 4s
Jap 1st 4s
Jap 2d 4s ...
Paris sixes .......
U K 5s. 1921
TJ K 5s, 11122
V H. 0s, 11)2
.... 11
2
.... 13
58
45
6S
30
300
....349
....347
....267
....245
.... 66
....69 .
9
10
.... 11
.... 11
.... 11
.... 11
11
.... 13
.... 12
70
.... 85
.... 84
.... 99 'A
..99 15-16
14.
4 -16
69
47
69
870
3.19
857
277
2.'.5
69
72
10
11
12
12
13
13
12
14
12
85
85
100
100
u k 5s. i937.:.":::;:::;;;;; !?
99 99 13-16
00 's
89
87
Foreign Exchange. '
Foreign exchange rates at c!o h.i-
ness yesterday, furnished by Northwestern
National bank of Portland. The amount
quoted Is the equivalent of the foreign
- - ... ai.in xunus:
Country. Foreign Cnlt.
Austzia, kronen
Belgium, franca
Bulgaria, leva
Czecho-Slovakia, kronen ...
Denmark, kroner
England, pound sterling ....
Finland, flnmark ...........
France, francs .............
Germany, marks
Greece, drachmas
Holland, guilders
Hungary, aronen
Italy, lire
Jugo-Slavla, kronen ........
Norway, kroner ............
Portugal, escudos
Roumania. lei .
Serbia, dinara .............
bpain. pesetas .............
Sweden, kroner .
Switzerland, francs .........
cnina
Hongkong, local currency .
Shanghai, taels .
Japan, yen
Bate.
... .0018
, ... .0750
.... .0092
... .0132
... .1522
. ... 8 58
. ... .0162
.... .0760
.... .0128
.... .0565
.... .3085
003o
. ... .0418
. . . . .0005
1292
1245
0133
023."
1292
. .2055
1650
6010
.... .7000
4S75
FAIR BUSINESS IN WOOL MARKET
t'00l Business Believed Presaged for the
Coming Season.
BOSTON. July 29. The Commercial
Bulletin tomorrow will say:
ir ouslnees In wool in the local mar
ket is reported for the week, chiefly In
the finer grades, which are firm. Some
business in medium grades Is reported at
prices barely steady. The successful op
eration of lightweight goods this week by
the American Woolen company Is regarded
as a forerunner of good business for the
coming season, especially- In the finer
grades of wool."
Oregon Eastern No. 1 staple, 788oc;
eastern clothing, 600 65c; valley No. 1,
65 070c
Territory Fine staple, choice, 80085c;
half-blood combing. 630 72c; three-eighths
blood combing, 48054c; quarter-blood
combing, 38 0 4Oc; fine and fine medium
clothing, 60 0 62c; fine and fine medium
French combing. 6O0 7OC
Pulled Delaine, 8509Oc; AA, 75085c;
A supers, 70c.
Mohair Best combing, 27 0 30c; best
carding, 2202.'c.
.60
.60
.88
.41
CORN.
.61 '
.60
OATS.
.30
.42
1.26
.61
.60
.88
.41
1.26
.60
.60
.ss
.41
MESS PORK.
18.80 18. SO 18.50 18.50
.... .... .... 18.80
lard:
12.20 12.20 12.12 12.15
12.27 12.30 " 12.27 1127
SHORT RIBS.
10.83 10.82 10.77 10.7T
.... .... .... 10.67
Sept...
Deo. . .
Sept...
Dec...
July...
Sept. ..
Sept..
Oct. . ,
Sept...
Oct. . .
Cash prices were:
Wheat No. 2 red, $1.22 L24 : No.
2 hard. $1.23 1.25.
Corn No. 2 mixed, 63 c; No. 2 yellow.
64c
Oats No. 2 white. 8087c; No. i
white, 33034c.
Rye No. 2. $1.2601.28.
Barley 57 0 66c
Timothy seed $4 05. '
Clover seed $11019.
Pork Nominal.
Lard $12.05012.10. '
Ribs $11.05011.12.
Minneapolis Grain Market.
MINNEAPOLIS, July 29. Barley 400
6O0. Flax, No. 1, 82.02 0 2.04.
Dalnth Linseed Market.
DtTLTTTH, July 29. Linseed on track
and to arrive, $2.07; July, $2.06 bid.
Seattle Grain Market.
' SEATTLE, ' July 28. Wheat Eard
white, soft white, white club, $1.11; hard
red winter, northern spring, eastern red
Walla, $1.08; big Bend blueetem, $1.15.
City delivery iFeed Corn, whole yellow
(320 pounds). $39; cracked cbrn (100
pounds), $41; corn feed meal (100 pounds),
$41; barley, whole feed (100 pounds). $32;
rolled barley (80 pounds), $34; ground bar
ley (100 pounds), $34; clipped barley (100
pounds), $39; oats whole feed (100
pounds), $40; rolled oats (70 pounds), $42;
ground oats - (80 pounds), $42; sprouting
oats (10O pounds), $45; wheat, recleaned
feed (125 pounds), $49; all grain chop (80
pounds), $38; chick feed (100 pounds),
$58; chick mash (100 pounds), $55; egg
mash BM (100 pounds), $50; scratch feed
(100 pounds), $48; wheat mixed feed (SO
pounds), $28; oocoanut meal, $28; cotton
seed meal, $40; linseed oil meal. $46;
soya bean meal, $54.
Hay Alfalfa No. 1, $22: mixed hay No.
1, $22; timothy No. 1, $27; straw, $24.
Seattle) Livestock Market.
SEATTLE, July 29. Hogs weak, ns re
ceipts; quotations unchanged.
Cattle weak, no receipts; quotations un
changed. '
DISTRIBUTIVE
IBADE IS QTJTET
Continued Strength of Grain Baying Is
Redeeming Feature.
NEW TORK, July 29. Bradstreet's to
morrow will say:
Heat and holiday influences have ruled
and distributive trade and manufacturing
are quieter than for slme time with unem
ployment increased at several cities. Rs-
flectlon of these conditions ts had in less
active buying from wholesalers in second
ary markets and of holding off by coun
try merchants. Anxiety continued to be
manifest in apparel and kindred trades.
The situation, however, finds quite a few
redeeming features, most of these having
to do with the future. Most immediately
helpful of all these is the continued
strength of buying of our grain, particu
larly wheat, by Europe, which still reports
drought affecting crops.
Weekly bank clearings 85,628.180,000.
Tobaeeo Shows Increase.
WASHINGTON. July 29. Leaf tobaeeo
held by manufacturers and dealers on July
1 aggregated 1,672.017.169 pounds, com
pared with 1.452,962,024 pounds a year
ago. Chewing, smoking, snuff and ex
port types aggregated 1.235,166.018 pounds,
compared with 1.013,719,134; cigar types
aggregated 859,094,774 pounds, compared
with 350.602,935 and imported types ag
gregated 77,766,382 pounds, compared with
88,619,955.
LIVESTOCK SALES LIGHT
PRICES KEMAIN SAME AS -FOR
PRECBDIXG DAT.
Cattle and. Hogs Remain Steady
With. Few in Alleys Sheep .
Lack Demand. -
There was but a slight run of sales at
the stock yards yesterday and prices re
mained the same as for the preceedlng
day on all divisions?
Cattle were steady as were also hogs
with but a few drive-ins In the alleys.
Sheep and lambs continued weak with
no demand.
Receipts were four carloads of sheep con
taining 1140 head. Sales yesterday follow:
Wt- Pricel wt- Price
8 calves.; 390$ 2.501 3 steers... 908 5.00
2 calves. . 213 8.00 2 steers ..1170 S.25
1 ealf 140 10.00 1 calf 170 TOO
Scows... 890 2.001 6 hogs. ... 178 13.00
1 bull 830 2.00 lhog.... 130 12.50
28 hogs... 220 12.50 12 hogs.... 185 9.85
8hogs... 172 13.00) lhog.... 245 12.50
8 hogs 20O 12.75 gnogs... Z7 12.50
2 steers ..1170 6. OOl
Official quotations at the Portland Union
stockyards today are as xouows
Cattle
Choice steers ..........
Medium to choice steers... ...
Fair to medium steers ........
Common to fair steers
Choice feeders
Choice cows and heifers
Medium to good cows, heifers.
Fair to medium cows, heifers.
Common cows ..............'
Canners
Choice dairy calves
Prima lieht calves ...........
Medium to light calves.
Heavy calves .........
Hogs
Prime light 12.50012.75
Smooth heavy, 250 0 300 lbs.. 10 506 11.50
Rough heavy 6.00 010.00
Fat pigs - 12.00012.60
Feeder pigs 11.00 012.00
Stags (subject to brokerage.. 5.000 8.00
sheen-
East of mountain lambs ......
Best valley lambs ..........
Fair to good .............. ..
Cull lambs ...................
Feeder lambs ..........
Light yearlings ..............
iieavy yearlings ..............
QUOTATIONS ON DAFRT PRODUCE
Market Prices Baling on Batter. Cheese
and Kgga.
SAN FRANCISCO. July 29. Butter Un
changed.
Eggs Fresn extras. 44 e; extra zirsts,
42c; dirties No. 1, nominal.
Cheese Flats, fancy. 23e; firsts, 18c
Italian equash. lO012o; lima beans.
6c; rhubarb, $1.25 box.
Poultry Cnchanged-
tTEATTLE, July 28. Wholesale prices to
dealers:
Eggs Select Vocal ranch, white shells,
38040c; select local ranch, mixed colors,
38039c;. pullets, 84 0 35.
Butter City creamery, cubes, 88 0 39c;
brickc or prints. 39c; country creamery ex
tras, cost to Jobbers. In cubes, 36c.
NEW TORK. July 29. Butter Firmer.
Creamery, higher than extras. 4344c;
creamery extras. 3043c; creamery
firsts. 38042c
Em Firm. Fresh gathered, extra
firsts. 88 040c; fresh gathered, firsts.
34037c
Cheese Steady, unchanged.
CHICAGO, July 29. Butter Unsettled.
Creamery extras, 42c; standards, 40c,
firsts, 36 0 41c; seconds, 33 0 35c
Eggs Higher. Receipts 11.721 cases;
firsts. 29030c; ordinary firsts, 23026c;
miscellaneous, 2702Sc.
Naval Stores.
SAVANNAH. Ga. July 29. Turpentine
Firm. 52c Sales, 50 barrels: receipts, 261
barrels; shipments, 248 barrels; stock. 12,-
359 barrels.
Rosin Firm. Sales. 810 caslor: 1
eelpts, 886 casks; shipments. 207 casks;
Steele 92.830 casks. Quote: J3, V. f,
$3.50; G, $3.60; H, $3.65; I. $3.70: K. $3.90-
M, $4.10; N, $4-30: wt. sa.zo; vr TV, .o.u
Metal Market.
NnTW TORK. July 29. Copper onset-
tied; electrolytic, spot ana nearny, aint
Tin steady: spot and nearby $26.75; fu
tures $26.50 0 26.62.
Iron nominally unchanged,
t A ateadv: SDOt $4.40.
Zinc quiet. East St. Louis, spot, $4,209
4.25.
Dried Fruit at New Tork,
TtfKW TORK- July 29. Evaporated ap
ples nominal; prunes Irregular; apricots
steady; olds cnoice 21022c; us cnyico
23c; fancy 27c; peacnes quieu
. New Tork Sugar Market.
NT5W TORK. July 29. Raw sugar 4.86
for centrifugal, iteflnea o cents tor xine
granulated.
COAL PRICES TO ADVANCE
Cost of Certain Grades in Seattle
Go Up August 1.
SEATTLE. 'Wasn., July 29. Coal
prices, cut early in July to stimulate
summer buying, will advance- on cer-
tain e-rades Ausrust 1. Seattle retail
fuel dealers eaia. as increase 01
80 cents a ton In the price of Lady-
smith and Wellington coax ma pre
viously been announced by one of the
leading: importing firms as effective
on that date.
Distributors of Utah coal, which is
the leading competitor of the British
Columbia coals in the local market.
now that Washington coal Is virtually
out of the competition on account of
the strike in commercial mines, said
today that the price of Utah coal, so
far as they are lniormea, wouia re
main unchanged.
DAILY METEOROLOGICAL REPORT.
PORTLAND, July 28. Maximum tem
perature, 83 degrees: minimum, 67. River
reading, 8 A. M.. 8.0 feet; change in last
24 hours, 0.2 foot falL Total rainfall
(5 P. M. to 6 P. M.). none; total rainfall
since September 1. 1920. 45.95 inches;
normal rainfall since September 1, 1920,
44.46 Inches: excess of rainfall since Sep
tember 1. 1920. 1.49 inchea Sunrise. 4:60
A. M. ; sunset. 7:45 P. M. ; total sunshine,
11 hours and 24 minutes; possible sun
shine, 14 hours and 65 mlnutea Moon
rise, 12:41 A. M., Saturday; moonset, 8:48
P. M., Saturday. Barometer (reduced to
sea level) 6 P. M.. 29 96 inchea Relative
humidity: 6 A- M.. 83 per cent; noon, 64
per cent; F. AL. 41 per cent.
TTTH WHATTTER.
United States of Brazil
External Sterling Bonds
S Issue of 1895, 1903, 1913
4 Issue of 1889, 1900, 1910
Denominations :
100, 500, 1000
A Direct General External Obligation
Tree from all Brazilian Taxation.
DEBT
Brazil, wtth a per capita debt of $33. with an annual Interest
charge of $1.85, compares with other nations as follows:
Denmark 83.65
Canada $275.08
Switzerland 92.71
Australia .......$324.59
Argentine $111.90
Great Britain.... $827.29
United States. .. .$227.83
France $110735
A large proportion of Brazil's debt was incurred for the con
struction of railways, steamships and other revenueproducing
enterprises, and it haa practically no war debt.
WEALTH AND TRADE
Brazil is the second largest country on the western heralsphevre
containlrra; 3,300,000 square miles, covering nearly one-half or
South America. Its area is only slightly less than United Statea
and Alaska combined, and has a population of 30.000.000. Brazil's
excess of exports over imports increased from $52,000,000 in 1911
to S211.000.000 in 1919. The United States is Brazil's bee cus
tomer, taking about 42 of its exports.
These Bonds Return at Present Price
wma exchange: at
$3.57
4.00
4.50
4.SS
A"VCAJL FY COME!
71
8.42
9.47
10.23
Additional Profit n
200 When Paid
$239.00
325.00
425.00
497.00
Price and Complete Details Upon Request
Ralph Schneeloch Company
1
MUNICIPAL AND CORPORATION FINANCE
LUMBEIRMENS BUILDING
Portland, Oregon.
Telephone Broadway 3208
LEAK IS FOUND IN LAKE
HOIdE TVJXJj BE TTXiUED TO STOP
SEA PAGE.
works, the mayor of Clarks-ton has
appealed to the department of public
works to protect the water supply and
the health of the people. The mayor
was informed that the city authorities
had ample jurisdiction over city af
fairs to protect its citizens without
the aid of the department.
8.009 A BO
. ... 0.00 4 6 00
. ... 4.7S 6 50
.... 8.50(9 4.75
4.25 4.75
4.75 6.23
4.009 4.75
8.00 0 4.00
.... 2.za B.OO
.... 1.500 2.25
.... io.r,on.oo
. ... 10.00K 10.50
.... 7.00 10.00
.... B.5O0 7.00
6.00 8.50
b oo a 6 .00
6.00 5.50
4.00 6.00
2.50 4.00
8.60 4.23
S-OU S.JO
35 3"? S3 o
-31 S S
TATIOKa c t - 2 W Mother.
V 3 "
aker 1 50 84 0.00 . . Ln W (Mear
Boise I 68 94 0.00 10 W Clear
Boston J 80 0.16 .. NB Rain
Calgary .... 44 78,0.04 ..N Cloudy
Chicago .... 70 82 0.01 J. SB Pt. cloudy
Denver 84 8810 00 .. NB Pt. cloudy
Des Moines. 66 80 0.00 . . SW Pt. cloudy
Eureka 60 54 0 00 .. S Cloudy
Galveston ... 80 88 0 00il4 SB Clear
Helena 52 84i0.0022iN Clear
Juneau .... 50 t58J0.00l . .1 .... Cloudy
Kansas City. 72 8210.08 . .IN Cloudy
Los Anceles. 84 78'00012!SW Clear
Marshfield 66-0.001 .. NW Clear
Medford .... 64 96 0.00 10 NW Clear
Minneapolis . 78 84 0.001.. SW Clear
New Orleans 78 94 0.00 .. W Clear
New Tork 84 0 44 .. S Cloudy
North Head. 56 SO 0 00; 24 N Cloudy
Phoenix .... 74 O8OOO1..S Pt. cloudy
Pocatello ... 86 92 0.00l..tW Clear
Portland ... 67 82;0.00 12 NW Clear
Roseburs- ... 54 8810 00 ..INK Pt. cloudy
Sacramento . 62 84(0.00 14!S Clear
St. Loots 72 92 0.01 ..N Cloudy
Salt Lake.... 68 94i0.00!10 NW Clear
San Diego... 64 700 00I12IW Pt. cloudy
San Fran.... 50 SSiO.OO 12 W Cloudy
Seattle 66 72.0.00 .. W Clear
Sitka t2 ,
Spokane .... 66 88 0.00 .. NW Clear
Tacoma 7810 00 . . N Clear
Tat. Island.. I 52 B4 0.00!18!SW Cloudy
Valdea 1... T54J
Walla Walla. 62 90 0.00l..(SW Clear
Washington . 78 B0 0.68I . . ISW Cloudy
Winnipeg ... 64 88 0 08(10'SE Pt. clondy
Yakima 2i0.00. ISW Clear
A. M. today,
ceding day.
t P. M. report of prs-
Successful Experiment in 'Blocking
Orerioe by Use of Tinibers to
lie Repeated in JLinn.
ATJBANY, Or, July 29. Speclal.)
T-i . r i.i.. .,;.,..., .4
in the Cascade mountains near Cas-
caaia ana aoout du miles soumeaei 01
Albany, are reported to be gradually
seeping; away. It is believed that a
crevice has developed in the bottom
of the lake and efforts will be made
to find it and stop the leak.
Last summer a leak was found In
the bottom of Pamelia lake, a large
lake near the summit of the moun
tains, in the northeastern corner of
Linn county, only three of four miles
from the foot of Mount Jefferson and
a well-known resort for fishermen.
The water of this lake was ebbing
out rapidly and when much of the
water was gone forest rangers found
a crevice In the bottom of the lake
which was the source of the leak.
They made an obstruction of timbers.
crush and burlap ana ancnoreu it " ,
and over the crevice with stones. As
soon as the fall rains and snows came
the lake began to fill again and Al
bany men who have visited it re
cently say that it is holding its usual
volume of water.
The work of filling the crevice in
Pamelia lake evidently has been suc
cessful and efforts will be made to
repeat the experiment at Moose lake.
It is supposed that the crevice
which developed last summer in
Pamelia lake was caused by subter
ranean action because about the same
time this leak was discovered the
waters of other lakes in that part of
the mountains which ordinarily are
clear became murky.
CLOTHING REDUCTION BIG
Price Cot of SO to 40 iPer Cent in
Tear Koted at ATjerdeen.
ABERDEEN, "Wash., July 29. (Spe
cial.) Clothing and dry goods have
dropped between 30 and 40 per cent
in price since July, 1920, according
to findings of the city council inves
tigating committee, which prepared
questionnaires andi sent them to the
various business houses here to get
definite information on living costs.
Bakery goods, according to the re
ports, nave ii. i-i- " - - v -ceries
and nearly all other staple
commodities have dropped considerably.
FIRE DESTROYS WHEAT
Two Blazes Sweep 2 6 Acres "Which
Had Big- Crop.
WALLA WALLA, Wash., July 29.
(Special.) Two grain fires on the J.
C. Lyons ranch at Russell Creek to
day burned 26 acres of wheat which
was going 60 bushels to the acre.
rr.i .1 .,, ,-r, rl nvae 20 ACrfJ
and the second six. Failure to ex
tinguish the first fire completely was
blamed for the second blaze.
Efforts of nearDy rancners anu
their harvest crews were all that
prevented the fire spreading over
hundreds of acres of grain.
Morton Road "Work Under "Way.
MORTON, "Wash, July 29- (Special.)
Road) work In in the vicinity of
Morton has been started) in a number
of places and is progressing rapidly.
I wdi cations are that this winter will
see a much easier time reaching Mor
ton from all directions than ever be
fore. The roads now are ideal. The
state has started the work of improv
ing the national parks highway on
the divide north of Morton. Gravel is
obtained from Eatonville. The big
gest job Is east of Morton, where the
state is improving three-quarters of
a mile of the national parks highway.
Gnrdane Firm Bankrupt.
PENDLETON, Or, July 29. Spe
cial. McLaughlin & McLaughlin, a
business firm of Gurdane, Or., have
filed a petition in bankruptcy with
. . -Eii.. n.r.M h..a T.I..
bill ties were given as 111. 61.48 and
no assets otner man i,ci o w n i iivy
erty valued at $205 belong to Owen
McLaughlin, which he claims to be ex
empt, vert mentioned.
Payment on Mine. Made.
BAKER. Or, July 29. (Special.)
The first payrrent on the MuskaUne
mine in the Cireenhorn district has
been made, according to Andy Lar
son, former owner of the mine. The
purchasers of the property are nearly
all Baker county men. who have been
carrying on development work for the
last two months. The work at the
Muscatine is under the direction of
Harry Fox, shaft contractor on the
Iron yke mine. Like the many other
mines in this district the Muskatine
has a considerable amount of gold
ore blocked out.
Cove Cherry Shipments Large.
COVE, Or, July 29. (Special.) Of
the 28 carloads of Cove cherries
shipped by the Dean, Stackland and
Love packing houses, and Weimer
Bros, stage line, it is stated that all of
three-fourths are grown in the Cove
district, and this season's output rep
resents 125,000 to $30,300, and the de
mand far exceeded the Bupply. The
quality and size were up to standard,
however. Eighty dollars a ton for
whites and small blacks, $120 for
Rings and Lamberts were the prevail
ing prices.
fair;
FORECASTS.
Portland and vicinity Saturday,
northwesterly winds.
Oregon and Washington Saturday, fair
moderate westerly winda
Idaho Saturday, fair.
"Water Supply Menace Alleged.
OLTMPIA. "Wash., July 29. (Spe
cial.) With the allegation that a big
sewer from a livery stable and animal
uitiiae,. f ...... - - - . -
Bead Th. Oregoniaa classified ado," tie Intake pf the Clerks toa water
Oil Plant to Be Erected.
PENDLETON, Or., July 29. (Spe
cial.) Work on an $18,000 distribut
ing plant for the Union OU company .
will be started here within two weeks,
according to J. "W. Bennett, Oregon
representative of the company, who
was in the city this week arranging
details of the construction. The plant
is expected to be completed within
two months. "When service is start
ed Pendleton and surrounding terri
tory will have the benefit of compe
tition in the oil business.
Creamery Does Large Bnsiness. '
KELSO. "Wash.. July 29. (SpeciaLl
The Kelso Creamery company has
been doing a steadily growing busi
ness since it was purchased by Cyr
Brothers. In June more than 25,000
pounds of butter was manufactured.
and much ice cream. In addition 115
gallons of sweet cream were shipped
daily to Seattle and Portland dairies.
the cream commanding a premium
upon the market.
Grading Contract Awarded.
CENTRAL1A. Wash-. July 29. (Spe
cial.) A sub-contract for grading
about seven miles of the Pacific
highway between Grand Mound and:
TenLno, preparatory to paving, has
been awarded to Thad Stephens of
this city, who has just completed a
similar contract at Menlo. in Pacific
county. Mr. Stephens expects to
complete the work this fall-
Phone your want ads to The Ore-'
gonian. Main 7070. Automatic 560-95.
A Yield of
7:
Oregon General
Obligation Bond
Income Tax Exempt
Port of Newport
Lincoln County, Or.
6 Bonds
Bated Due
July 1, 1921 Jan. 1, 1C23
Denom. $1000
Assessed value. $4,504,526
. Estimated real value 9,000,000
Total net bonded
debt , 402,000
Population 4000
Price 98.60
Ralph ScmnxLoraCcx
KUXllKM. AMD CORPORATION TUtKG?
PojrrwiTt Qaaat
t