the aioitxrvG oregoxiax. Wednesday, august 3, 1921
21
BUTTER ADVANCING
AT ALL POINTS
Prices No Longer Held Down
by Imports From Europe.
DANISH RECEIPTS SMALL
Local Quotations Two Cents Higher
on Print Grades Holdings in
Storage Are Short.
Portland
Seattle .
Tacoma
Spokane
The advancing tendency of the butter
market, not only In Portland and the
other coast cities but throughout the east
aa well, can be laid to the shutting out
ot foreign butter. At thlB time last year
a flood of Danish butter was coming into
the United Statea and the markets be
came demoralized. Now, not enough is
coming to affect prices end the Imports
will probably cease entirely when the new
tariff becomes effective.
Local butter prices were raised 2 cents
yesterday, which put this market on a
parity with Seattle.
The price advance in the eastern butter
market was resumed lnt the past week
due to continued hot weather and resulting
shorter make and poorer quality. Produc
tion in nnt much short of last year, but lack
of Danish Importations to swell storage hold- 1 1 No. 2 B. T. shipment......
meats were also steady. No large re
ceipts of poultry or dressed meats are
to be expected until the harvest Is over.
British Columbia Salmon Strong.
Advices from Vancouver, B. C. are that
pink salmon and sockeyea are very strong
on the future market there. Spot pinks, b,
are cleaned up and 40.000 to 50,000 cases
for future delivery have been sold al
ready. The new pack prices- opened at
13.75 for pink ?4l, eight dozen to the case
and went to $6, the last contracts being
closed on a basis of $8.50. Futures of half
pound flat sockeyes, eight dozen per case
have sold to the extent of 90,000 cases at
$i6.50. Most' rf these sales are for export
to the United Kingdom and France and
the quotations are In Canadian funds.
Seedless Grapes Received.
The first straight car of seedless grapes
arrived from California yesterday, and
they were offered at $2.25 in lugs and $2.50
in crates.
Another car of Klberta peaches was re
ceived and sold at tl.S0Ol.7S a box. Other
arrivals were three cars of melons, two
cars of cantaloupes, two cars of bananas
and one car of lemons.
Bank Clearings.
Bank clearings of the northwestern
cities yesterd.Vy were as follows:
Clearinirs. Balances.
, t-.S2S.242
5.SS5.S41
6!4,829
1,452.418
t 0S2.8S1
1,317.649
S6.2.-.0
392,757
lugs ha created a bullish feeling- and all
markets closed In . very firm condition.
Undergrade accumulated - in the eastern
markets early In the week but cleared
later, also advancing- In price. Seven hun
dred casks of Danish butter arrived in New
York during the week but sold before ar
rival and had no Influence on the market.
Eight million pounds of butter were re
ceived In July last year. The price Is too
high to Allow further shipment of Danish
butter at present. Centralized was dull
early in the week but made a sharp re
covery later on account of the firm prica on
futures at Chicago, which were up to 45c
on December delivery standards. Produc
tion is probably about 3 to 5 per cent under
- lat year, but there were rains in the
butter sections during the post week.
There was no change In the butter prices
at Sa-n Francisco until the latter part of
the week, when 92 score registered an ad
vance of 4c. Trading until Thursday was
only ordinary with no special feature to
the tone, although leaders kept floors
fairly well cleaned up of all grades. Late
In the week Increased demand from, the
south caused some scarcity of the top
grades of California butter.' This, to
gether with advances In the east, inspired
confidence. " In the local butter situation.
Another factor is the general shortage of
storage stocks all over the country. Latest
available reports show stocks at Seattle,
Portland. Los Angeles and San Francisco
approximately 1,500,000 pounds short of
lf20, while the four large eastern markets
have a shortage of around 7,500,000 pounds.
Receipts at San Francisco, however, lor the
past two weeks show a marked gain over
the same period last year. While a firm
market Is very evident, there is little
speculative activity.
HIGHER FREIGHTS CUT WHEAT PRICE
Belling by Farmers Slow Since Market
Dropped Below Dollar.
Wheat trading in the country has fallen
off sharply since the price fell below the
dollar mark. The advance In ocean
freights, which amounts to about 6 cents a
bushel, naturally comes out of the farmer's
price. Present quotations In the country
range from 90 to 95 cents and the farmers
are not ready sellers at these figures. It
appears a If most of the growers who had
to let go have already done so and It looks
like a quiet market for some time at least.
There were no changes in the wheat or
coarse grain bids posted at the Merchants'
Krchange.
Weather conditions In the middle west,
as wired from Chicago: "Illinois, Ohio,
and. Indiana, clear and cool, temperatures
55 to 65, all points report rain. Missouri,
Kansas and Nebraska, cloudy, rain last
night. Northwest, generally -clear, 58 to
62. Canadian northwest, clear to part
cloudy, 55 to 60. Weather forecast Illi
nois, unsettled tonight with showers In
east portion. Wednesday fair, elsewhere
over the grain belt generally fair and
somewhat warmer tonight and Wednes
day." The Canadian wheat visible is 6.057,000
bushels against 4.60G.0OO bushels last year,
oats 10,094,000 bushels against 6,810.000
bushels and barley 2.199,000 bushels against
694.000 bushels.
Terminal receipts. In cars, were reported
by the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
PORTLAND MARKET QUOTATION'S
Grain, Floor, Feed, Etc.
Merchants exchange, noon session:
' Bid
Wheat Aug. Sept.
Hard white $ 1.12 $ 1.12
Soft white . . in iio
White club l ii 1.10
Hard winter 1.08 1.08
Northern spring 1.09 1.08
Red Walla 107 1-06
Oats
No. 2 whlte feed 25.00 25.00
No. 2 gray 23.00 25.00
orn
30.00
FLOUR Pamltv. no rsnta 7 fin nr har.
rel; whole wheat. $0.20; graham, $6 00;
makers hard wheat. $7.25; bakers' blus
stem patents. o.73, valley bakers, 0;
straights. $5.75.
MILLFEED Prices f. o. b. mill: Mill
run, $26 per ton; rolled barley, $3537;
rolled oats. $37;. scratch feed. $47 per. ton.
CORN Whole, $38; cracked, $49 per
ton.
HAT Buying price f. o. b. Portland:
Alfalfa. $15 per ton; cheat, new, $14 ton;
clover. $11 per ton; valley timothy, new,
$19&20; eastern Oregon timothy, $26.
Dairy and Country Produce.
BUTTER Cubes, extras, 34 Q 35e per
pound; prints, parchment wrapped, box
lot, 42c; cartons, 43c. Butterfat, buying
prices: A grade, 36c; B grade 34c, Portland
delivery.
KOGS rase connt. S2?34c; candled
ranch 35(36c; selects 3739c.
CHEESE Tillamook, triplets, price to
jobbers, f. o. b Tillamook, 24c; Young
Americas. 25c pound.
POULTRY Hens. 17 24c lb.; springs,
23 it 25c; ducks, 20 Q 24c; geese, nominal;
turkeys, nominal.
PORK Fancy. 36c per pound.
VEAL Fancy, 144 6fl5c per pound.
RAILS LEAD STOCK RISE
ADVANCES OP OXE TO XEARLY
THREE POINTS SCORED.
Fruit, and Vegetable .
FRUITS Valencia oranges. J66.25
per box: lemons, $ll11.5ti: grapefruit,
J3.o0&10 box; bananas, 10llc pound;
apples, new J1-5U&3; cantaloupes, 1.75 9
4 crate; peaches. 8oc$ 1.75 box; water
melons, 2V&3c pound; Honeydew melons,
2.25; apricots, 11.23 box; plums, f 1.50
1. 75 box: blackcaps, $2ri 2.25 per crate;
pears, $3.755 box: bUckberries, J1.50
1.75 per crate; grapes. $2.50 per crate.
POTATOES New, 2jj:V.:C pound.
ONIONS California red. 1.75 sack;
yellow. $2 sack: Walla Walla. J2
VEGETABLES Cabbage, .4'f5c lb.;
lettuce, 75c$l per dozen; carrots, $2.50
per sack; garlic, 1520c per pound; beets
$2.25 per snck; green peppers, 20c per
pound: turnips, $2.50 per sack; tomatoes,
$11.25 per box; cucumbers, 65(fi.90c per
dozen; peas, 10&ioa per pound; beans,
810c per pound; green corn, 50c per
dozen.
Industrials Also Share in Upward
Movement Bonds Are Ac
tive and Strong.
NEW YORK, Ant. 2. Stocks again
were in good demand today with bidding
most active for the standard rails. The
upward movement of yesterday was
carried forward steadily and gains were
well distributed.
Trading was not begun until. 1 o'clock,
the opening having been postponed by a
fire which resulted In filling the board
room with smoke, floodiag the floor and
damaging, the electric signalling appa
ratus. Business was on a fairly active
scale, transactions in the two hours being
itlo.OOO shares.
There were no outstanding develop
ments to which the rise was attributed.
It appeared to be due largely to the
favorable technical position in which the
market was placed as a consequence of
the recent extended selling movement.
Coupled with this was a moderate amount
of investment buying, attracted - by the
low levels to which the standard divi
dend payers have been marked down.
Railroad shares held the leadership.
Quotations of the representative rails
were run up from one to nearly three
points. The Hill stocks and coalers were
favorites. Northern Pacific crossed 80,
showing a gain of more than 19 points
from the low of the year. Great Northern
preferred rose 24 to 76T4, compared with
the year's low of 60.
Industrials .were less conspicuous, al
though sugars, equipments, tobaccos, steel
and oil shares figured in the day's rise.
There were a few soft spots in the list,
including General Electric, International
Harvester. Central Leather, Chandler and
United Drug.
rtall monev renewed at 5 Per Cent
compared with 4S4 yesterday and later
advanced to 64 per cent.
The movement in the foreign exchange
market was narrow and irregular with
marks showing heaviness.
There was continued activity in the
bond market on a rising scale of prices.
Liberty bonds shared In the upward
movement. Total tales, par value,
$8,400,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck A Cooke com
pany, Portland. )
oaies.
do pfd . . . . 100 46i
St L 4 8 F.. 200 25 25
Strombg Carb 31
Studebaker r. 7.400 7714 7614 77
Swift & Co 9814
Ten Cp Cm 800 7H 7 1
TexAa Oil 87 V 3614 87
Texas Pacific. 4.100 264 26 26
Tx Pac C & O 1,400 204 19H 19
Tobc Products 1,500 60 V4 68 Bay
Tran Contl Oil 600 714 7 714
"Union Oil Del 300 104 19 1914
Union Pacific 2,500 122 121 122
United Alloy 25
United Drug. 8,500 8014 B6H 57
United Fd Prd 100 18 1714 17
United Fruit. 3,000 104 102. . 103
Untd Kds. N J 84
do pfd 21 1
Untd Rtl Strs 1,800 56 54 55
U S Ind Alco 51 51 50
U S Rubber.. 2.300 54 63 64
do 1st pfd.. 100 05
U S Smelting 30
U S Steel.... 15,800 76 75 75
do pfd 109
Utah Copper.. 700 48 48 . 48
Va Chera .... 700 24 22 24
do pfd .... 6l0 64 63 64
Vanadium StI 500 80 80 29
I Vivandou .... 300 7 6 6
Wabash 600 8 7 7
do "A" pfd - 1.2O0 23 22 22
Western Pacif 1,300 26 25 25
do pfd 63
Westrn Union ..... 83
Westghse A B '86
Wstgh E & M 200 43 43 43
West Md 400 10 10 10
White Motors 81
Willys - Over 400 6 6 6
do pfd . 600 29
Wilson Packng 34
Wisconsn Cent 300 29 28 29
Woolworth 112
Worthn Pump 41
W & L E 500 9 8
BONDS.
WHEAT CLOSE UNSETTLED is
for coffee futures today, with
narrow and irregular fluctuations.
i aeemeri tn find no additional in-
tlon in the Brazilian cables and ad
vances met scattered realising. Alter
opening unchanged to 1 point higher ac
ATW 4VrTFc AT TT rr V fT AHfJ months sold 4 to 6 paints above last
AUV-Wti-b AT CH1CAW Alt, BUjnt.. cloelns figures on the continued
XOT "WELL SIAIXTATXED.
Portland. Tues. 131
Year ago 54
Heaaon to date. 1981
Year ago 1107
Tacoma. Man.. 83
Ye-Hr ago 31
Season to date. 525
Year ago 217
Seattle. Mon... 9
Year ago 1
Season to date. 349
Year ago t2
26
16
16
6
4
7
14
3
5
221
62
5
3
83
113
4
153
30
2.
59
59
16
5
130
73
3
'27
39
8
9
138
195
SHORTAGE OF APPLE BOXES LIKELY
Manufacturers Trying to Meet Belated
Demand.
The habit of pre-f inanclng of fruit box
deals by box manufacturers of the Pacific
northwest to growers and dealers will. It
seems, this season mean a shortage of
apple boxes, says a statement Issued by
the West Coast Lumbermen's association.
For months past manufacturers have
urged the advance buying of apple boxes
In order more evenly to distribute the
manufacture and delivery during the clos
ing months of the, season, when picking
and harvesting of apples In the northwest
is at Its peak.
Owing to the unusual financial situation
this year, most manufacturers were unable
to extent credit as has been the rule in
former years. Growers and dealers were
to a great extent In the same condition,
which resulted in Increased efforts to
hold manufacturers to their former prac
tice of extending credit. Most manufac
turers were utterly unable to meet this
situation, and it resulted In less apple
hoxes having been furnished at this season
than any year In the history of the in
dustry. With less than 25 per cent of normal of
the salmon box business for west coast
manufacturers this season, they were
forced to Increase efforts In further devel
opment of other markets. The result Is
considerable business from eastern terri
tory as well as from foreign- fields.
With this Increased business from mis
cellaneous commodity shippers and with
about 70 per cent of the apple box require
ments, together with pear and peach
boxes and the usual demand for dried
fruit, etc., a great many manufacturers
find themselves unable to take additional
business for immediate delivery.
Growers . and dealers anticipating a
bumper crop now sense the situation and
are endeavoring to have apple boxes de
livered promptly. West coast plants are
trying to meet the situation through in
creased length of working day.
DEMAND FOB EGGS IS VERY LIGHT
Country Produce Receipts Will Be Small
Until After Harvest.
The egg market was rather sluggish. The
local demand was show and no outside in
quiry was reported. A wide range of
prices was quoted by sellers.
Poultry was steady with hens selling at
17025 cents according to size and the best
springs going at 23 cents. Country dressed
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane, granulated,
7.05c pound; beet, 6.R5c pound.
NUTS Walnuts, 202r.c pound ; Brazil
nuts, I820c; filberts, 1517c;- almonds,
24i 30c; peanuts, 8llc pound.
-?11CE Blue Hose. 6c per pound; Japan
style. 4c pe- pound.
BEANS Small white. 5c: pink, 8c;
lima. 7c; red, 10c per pound.
COFFEE Roasted, bulk, in drums, 14 O
36c per pound.
SALT Granulated, barrel, $3.40C4.25;
half ground, ton 50s, $17.25; 100s. $16.25:
lump rock. 926.50.
HONEY Comb, new crop, $8.25 per
case.
DRIED FRUITS Dates. $4.25 0 8.83 Def
box; figs, J3.25y5.25 per box; prunes, Q
10c per pound.
Provisions.
HAMS All sizes, 8739c; skinned, 84 O
41c: picnic, 20&'21c; cottage roll. 25c.
BACON Fancy. 4752c; choice, 32
87c; standard, 2o29c.
LARD Pure, tierces, 16c pound; com
pound, tierces, 12 c.
DRY SALT Backs. 22 25c; plates, 16c.
Hides, Hops, Etc
TALLOW No. 1, 4c; No. 2. 293C
per pound.
CASCARA BARK Five cents pound
delivered Portland.
HOPS 1920 crop, 12 14c per pound.
rnutss rresn-cureu, 4c per pound; calf,
it'2c per pound; kip. 6c per pound
WOOL New clip, 1221c per pound.
MOHAIR New clip, 16c per pound,
delivered Portland
GRAIN BAGS 8c at country points.
Oils.
LINSEED OIL Raw, in barrele. $1.02;
5-gallon cans, $1.17. Boiled, in barrels,
$1.04; 5-gallon cans, $1.19.
TURPENTINE In drums, 92c; 5-gallon
cans. $1.07.
WHITE LEAD 100-lb kegs. 12c per
pound.
COAL OIL Tank wagons and lroa
barrels. 17c; cases. 30$ 37c
GASOLINE Tank wagoos and Iros
barrela, 28c; cases, 40c.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits.
Etc. at Bay City.
SAN. FRANCISCO, Aug. 2. Vegetables
Squash, bay, 35 50c 40-lb. lug; Los Ange
les, $11.25 small lug; potatoes. Garnets,
$1.23 41.50; white, $1.501.75: onions, new
red. 7585c: green. fl.SO01.75: tomatoes,
San Pedro, lug $22.50. crate 50cS$l 75-
Stockton lug, $2.50 3; bell peppers. Stock-
ion, TOijc; peas, o'fusc: beans, 610c
lima, 5c; carrots. $1.25i1.50 sack: egg
plant, 80-pound box. $2 50 3: corn Ala
meda, $34 sack; $4 4.25, crate; rhubarb,
box, $1.25; seed potatoes, Merced. 10
lc; arucnokes, $6iftU0 crate; 50c J1
uutru, icnuix. urate, 4.:i.
Poultry Young chickens, 25t45c
staggy roosters. 2025c; old. 15 18c
hens. 17 35c; ducks, 18o; geese. 25c; tur
keys, live 35c, dressed 45SOc; Belgian
hares, live. 15c; dressed. 1820c; squabs.
xancy. jjac; common, $2.50 dozen; old
pigeons, aozen.
ruit oranges, Valencia.
lemons, iancy. 910: lemonettes, $56;
grapeiruit, S3.sow4.ao: apples. 75c,$2 75
strawberries, crate, $1.15 1.40; drawer.
50(&C0c; blackberries, drawer, 3035c:
raspberries, ooSu-ftic; apricots, $12 lug"
84j5c pound; peaches, $1.25 basket, $1,750
2 50-pound lug; cantaloupes, standards
$1.7502.25: ponies, $1.2501.75; flats 75
085c; plums, lugs. $1; crates. $1150
honeydew melons. $1.5002 crate; cas
abas, crate, $1.2001.75, lc pound; water
melons, l02c pound; grapes, seedless
$2 02.25 crate; pears, 75c $3.75.
Receipts Flour, 1880 quarters; barley
1220 centals; beans. 1604 sacks; rye, 4
centals; potatoes, 480 sacks; onions, 140
sacks; hay, 131 tons; hides, 903 bundles;
lemons and oranges, 2422 boxes; livestock,
100 head.
Metal Market.
NEW TORK. Aug. 2. Copper Unset
tled. Electrolytic, spot and nearby 12o;
later. 1212c.
Tin Easy. Spot and nearby 26.50c; fu
tures, 26.50c.
Iron Nominally unchanged.
Lead Steady. Spot, 4.40c. .
Zinc Quiet. East St. Louis delivery,
spot, 4.20 04.25c.
Antimony Spot, 4.50c.
New York Sugar 'Market.
NEW YORK, Aug. 2. Raw sugar. 4.86c
for centrifugal. Refined 6 cents for fine
granulated. (
" t
Cotton Market.
NEW YORK, Aug 2. Spot cotton . quiet.
Middling, 12.6UC.
Dulnth Linseed Market.
DULUTH. Aug. 2. Linseed, en track.
$2.07; to arrive, $2.01. '
Advance Rum
Agr Chem .
do pfd ....
AJax Rirbber.
Alaska Gold..
Alaska Juneau
Allied Chem..
Allis - Chlmrs
do pfd ....
Am Beet Sug .
Am Bosch . .
Am Can Co.
do pfd ....
Am Cr & Fdy
do pfd ....
Am Cot Oil..
Am Drug Syd
Am H & L..
do pfd
Am Ice ....
Am Intl Corp
Am Linseed . .
do pfd ....
Am Loco ....
do ptd ....
Am Saf. Raz
Am Shp & Cm
Am Smelter. .
do pfd ....
Am,. Steel Fdy
Am Sugar....
do pfd ....
Am Sumatra.
Am Tel & Tel
Am Tobacco..
do "B ' ....
Am' Wool
do pfd ....
Am W P pfd
Anaconda ....
Assd Oil .
Atchison .....
do pfd ....
Atl Glf & W I
Baldwin Loco.
do pfd ....
Balto & Ohio.
do pfd ....
Beth Stl 8.
Beth Stl "B"
B R T
Butte C & Z
Butte & Sup
Caddo Oil ...
Calif Packing
Calif Petrol..
do pfd ....
Canad Pacific
Cent Leather.
Cero de Pasco
Chand Motor.
Chicg & N W
Chicg Ot W..
do pfd ....
Chili Cop
Chino
C M & St P..
do pfd ....
Coco Cola ...
C & O
Colo F & I...
Colo Southern
Col Gs & Elc
Cotumb Graph
Con Gas ....
Cons Cigars..
Contl Can....
Contl Candy.
High. Low.
100
loo
100
1.400
100
"800
300
4U0
"266
"266
V.566
"800
"koo
"ioo
600
300
100
300
800
200
300
1.200
1.2O0
200
4,400
23
86
32
80
27
64
84
4
7
37
71
25
69
49
105
124
72' "
23
1
85
32
30
27
19
ii"
33
4
6
87
ivt
69
49
105
123
"266 23 23
100 37 37
V.jlOO . 87 86
V.ioo 22 22"
2.900 79 78
8.i66 40 ' 89
52 61
400 89 98
4.200 62 50
100 .... ....
100
"166 ii" ii"
200 68 58
,566 114 113
500 34 34
100 215 26
8.81)0 48 47
2,900 69 67
500 8 7
1,400 18 17
400 10 10
V.366 28 28 "
2.500 43 42
20O 34 33
100 58 57
300 22 22
"466 B6 66"
800 4 4
90 89
U S 2s reg 100N T C deb 6s... 92
do 2s coup..100North Pac 4s... 77
do 4s reg. . . 104 North Pac 3s 66
do C V 4s cn 104Pac Tel & Tel 5s 84
Panama 3s reg 75 jPenn con 4s.. 86
do couDon.. 75 iso Pac cv 5s. . . 88
A T T cv 6s ..100 So Railway 5s.
Atchen gen 4s. 78Unlon Pac 4s..
D & R cons 4s. 66U S Steel Gs. ..
83
82
95
'Bid.
Liberty Bond Quotations.
Range of liberty bond quotations fur-
nlshed by the Overbeck & Cooke company
or Portland:
Liberty 8s
do, first 4s
do, second Ms...
do first 4s
do, second 4 s..
do, third 4s...
do, fourth 4s..
Victory 4s
do, 3s
High.
. 88.00
871)8
87.82
91.88
87.84
98.76
98.76
Low. Close.
87.84 87.92
87.80
87 56
87.84 8790
87.08 87.70
91.72 91.74
87.74 87.76
98.60 98 76
98.64 98.76
Corn Prod.... 1.400 69 68
Cosden Oil .. 500 28 28
C R I & P.. S.500 84 83
do "A" pfd 600 76 75
do "B" pfd 61)0 65 64
Crucible 4.300 57 56
' do pfd .... ....
Cuba Cane .. 100 11 11
do pfd ....
Cub Amn Sug 1.400 17 17
Del & Hudson 200 102 101
Dome Mines.. ..... .... ....
D & R G 700
do pfd 1,900 1 1
End! Johnson. 41)0 61 60
Erie 500 14 14
do 1st pfd.. 900 20 20
do 2d pfd.. 100 14 14
Fams Players. 1,900 47 l 46
Fed Mg Sm
do pfd .... ....
Fi.sk Tire ... 500 10 9
Gaston Wms. ..... .... ....
Gen Cigars 9
Gen Electric. 2.300 120 - 117
Gen Motor 10 10
Gen Asphalt.. 12.000 65 64
Goodrich
Goodyear ....
Granby ......
Great Nor Ore
Great Nor pfd
Greene Canea.
Gulf S Steel.
Houston Oil..
Hup Motor . .
Illinois Centrl
InHpiratlon . . .
Int Agr Corp
do pfd ....
Interboro ....
Intr Callahan
Int Harvester
It Merc Ma..
do pfd ....
Int Nickel. . .
Invincible Oil
Island Oil ..
Jewel Tea ..
K C Southern
do pfd ....
Kelly - Bpgfld
Kennecott . . .
Keystone Tire
Lack Steel...
Lee Tire ....
Lehigh Valley
Lorillard ....
Lowe Theatrs
L & N
Mex Petrol...
Miami
Mid States Oil
Midvale Steel.
M K & T
do pfd ....
Mont. Ward..
Mo Pacific...
do pfd ....
M St P & SSM
Nat Lead ....
New Haven. . .'
Norfolk & W
Nor Pacific...
Nov Scotia Stl
N Y Air Brke
N Y Central.
Okla Prod ref
Ontario Sliver
Ontario & W
Otis Steel .. . .
Pacific Dev..
Pac Gs & Elc
Pacific Oil...
Pan Amn Pet
do "B" ....
Penna .......
Peo Gas ....
Pere Marqette
Phlladel. Co..
Pure Oil ...
Pierce Arrow.
Pierce Oil....
Pitts Coal . .
Pitts & W Va
do pfd ....
Pressd Stl Car
Pullman
Ray Cons ...
Reading . .'. . .
Remincrton ...
Replogle Steel
Republic IAS
do pfd ....
Rep Motors . .
Ryl Dtch Oil
Ry Steel Spg
Sears Roebuck
Shattuck. Arz
Shell T i: T..
Sinclair
S O Calif....
SIoss Shef . .
So Pacific.
So Railway...
600
8.000
"ioo
1.400
100
1.400
300
100
8.500
"266
300
" 800
2.400
1,400
1,100
2.0OI)
500
"eoo
V,666
800
8,100
200
12.700
100
2.200
600
28
76
33"
!!S
98
4
73
45
14
"3"
10
26
61
. 43
13
40
54"
150
12
112
109
ii
24
28
74
33"
56
11
96
Close.
13
84
69 .
23
1
86
31
72
30
80
27
81
124
109
18
4
11
54
55
34
24
56
82
102
4
6
37
71
25
68
88
49
105
123
123
70
97
I'
37
100
87
79
22
79
90
40
51
09
51
12
4
12
10
58
36
72
114
84
2
47
69
7 1
18
10
22 1
2S
43
33
57
22
38
56
4
. 89
29
45
68
. 28
34
76
65
57
80
11
28
17
101
17
1
60
14
20
14
47
6
21
9
1
57
117
10
65
82
12
16
28
76
20
30
56
11
97
33
: 7
37
3
4
72
12
45
13
10
2
10
26
Mining Stocks at Boston.
BOSTON. Aug. 2. Closing quotations:
Aiiouez is
Ariz Com 7 I
Cal and Ariz... 43 1
Cal and Hecla.,220
Centennial ... 8
Cop Rnge C Co 31
K Butte o Mine 8
Franklin 1
Isle Roy Cop) 18
ivaKe copper... 24
Mohawk 68
North Butte. . . . 9
Old Dominion.. 22
Osceola 25
Quincy ........ 87
Superior 8
Spr & Bos Mln. 1
Shannon ....... 85
Utah Cons 8
Winona 45
Wolverine 10
Swift & Company Stocks.
Closing prices for Swift & Company
stocks at Chicago were reported by the
Overbeck & Cooke company of Portland
as follows:
Swift Company 98
Llbby. McNeill & Libby 9
National Leather 8
Swift International 25
Money, Silver, Etc.
NEW YORK, Aug. 2. Prime? mercantile
paper, 606 per cent.
Time loans steady, 60 days, 90 days and
six months, 5 06 per cent.
. Call money firm, high, offered at and
last loan, 5 per cent; low, ruling rate
and closing bid, 6 per cent.
Bar silver, domestic 99 c; foreign 61 c.
Mexican dollars, 47c.
LONDON, Aug. 2. Bar silver, 88 d per
ounce; money. 3 per cent. Discount
rates, short bills, 4 7-16 per cent.
Foreign Bonds.
Foreign bond quotations furnished by tne
Overbeck & Cooke company of Portland:
Bid. Asked.
Russian 5s, 1921.
Russian 5s. 1926.
Russian 6s. 1919.
Krench 5s, 1931..
French 4s, 1917
French 5s, 1920...'
Italian 5s, 1918...
Birtish 5s, 1922...
iirltlsh 5s, 19
British 5s.
11
. 2
. 12
. 66
. 45
. 67
. 31
.3112
.356
1929 346
British vky. 4s 208
British ref. 4s 249
Belgian rest. 5s 65 .
Belgian prem. 5s............. 69
German W. L. 5s 9
Berlin 4s 10
Hamburg 4s 11
Hamburg 4s 11
Leipsig 4s 12
Leipzig 5s 12 '
Munich 4s .................. 12
Munich 5a .................. 13 .
Frankfort 4s ................ 12
Japan 4s 70
Japan first 4s 85
Japan second 4s 85 '
Paris 6s 99
United Kingdom 5s. 1921 99
United Kingdom 5s, 1922... 98
United Kingdom 5s, 1929... 89
United Kingdom 5s. 1937... 87
15
4
16
57
4
68
82
372
306
3.-16
278
259
68
72
10
10
11
12
13
13
13
14
13
71
85
85
l66' '
98
89
87
Early Rise Due to Prospects of
Diminishing Receipts SloW Ex
ports Handicap BulLs.
CHICAGO, Aug. 2. Prospects of
diminishing receipts had a bullish In
fluence today on the wheat market.
Advances In prices, however, were not
well maintained, and the close was un
settled at the same as yesterday's finish
to cent higher, with September $1.25
to $1.25 and December $1.28 to $1.28.
Corn lost and to cent. Oats
finished unchanged to and cent
higher, and provisions varying from 2
cents decline to 7 cents advance.
Scantiness of rural offerings, together
with a falling off in receipts here and
at other primary centers, gave strength
to wheat prices. Besides, car shortage
complaints were a handicap to the bears
and opinion became general that the
crest of the after-the-harvest movement
of the winter crop had been witnessed.
As the day wore on. however, disappoint
ment was shown over the apparent slow
ness of export demand. The only foreign
business announced was 375.000 bushels
at the seaboard and 125,000 bushels here.
Credit conditions were said to form the
stumbling-block in preventing much larger
sales to uroDB.
Beneficial mini where most neeaea
made the corn market easy. Oats rallied
owing to estimates that the domestic
yield this season is the smallest since 1911.
Provisions averaged higher with hogs
and because of 9,000.000 pounds decrease
shown in the Chicago stock of lard. ,
The Chicago market letter received yes
terday by the Overbeck tc Cooke company
of Portland follows:
"Wheat Trade in futures was small
and the market fluctuated within a nar
row rans-e. but held remarkably well in
spite of the absence of outside buying
power. During the early trading a sud
stantial amount of offerings were taken
by seaboard Interests, and. although the
volume was not given out, up to tne close
it was thought a good-sized export busi
ness was done today. All cash markets
were strong and higher, especially south
west, where millers and exporters were
competing for wheat. Receipts, wnilo still
quite large, showed a material falling off
compared with last week, and country
offerings to arrive were said to be much
smaller. In other words, the urgent sell
ing of new wheat appears to be about at
an end. and this in our opinion should
spell higher prices.
"Corn The lowest price for the day
were made at the opening on selling by
cash Interests and by holders of futures,
who were influenced by the copious rains
over the belt. During the day the mar
ket displayed an undercurrent of firm
ness, based on the strength of the cash
market, where the basis was quote 3 half
a cent better than yesterday. Shipping
sales of 250.000 bushels were made, in
cluding 200,000 bushels to exporters. The
idea seems now to prevail that the crop Is
made, and, with this in mind, it is to be
expected that potential buyers will await
an increased . movement and lower prices.
"Oats Another private crop estimate
confirming extensive deterioration as to
both quality and quantity failed to stim
ulate sufficient buying to bring about any
recovery of consequence. It is quite evi
dent that the heavy movement from the
interior, which is meeting a very indiffer
ent demand, wlil continue to overshadow
the bullishness from a long-distance view
point.
"Rye Trade In futures was light, fea
tured by selling December rye against
purchases of December wheat at 16 cents
difference. Cash was relatively steady at
1 cent under September for No. 2 on
track."
Leading futures ranged as follows:
WHEAT. .
Open. High. Low. Close.
$ 1.24 $ 1.20 $ 1.24 $ 1.25
1.2U l-2 l.ZS
CORN.
.69 .58'
.59 .60
OATS.
.88 .88 .87
.41 .41 .41
firmness of Rio exchange. Around T.21c
for December, however, there were more
contracts offering and that delivery closed
at 7.19c. The general market closed at a
net advance of 1 to 8 points. Sales were
estimated at approximately 40,000 bags.
September, 6.73c; October, 8.88c; Decem
ber, 7.19c; January, 7.81c; March, 7.54c;
May, 7.74c; July. 7.94c.
Spot coffee steady; Rio No. 7, 77c;
Santo 4a, 01Oc
Naval Stores.
SAVANJJAH, Aug. 2. Turpentine firm.
83c: sales 150 barrels; receipts, 812 bar
rels; shipments, 1 barrels; stock, 9555 bar
rels. Rosin firm. Sale. 1216 casks; receipts,
2586 casks: shipments, 22 casks; stock,
90.232 caska Quote, B, D, $3.40; E. F,
$3.50; G. $3.55; H, $3.65; I, $3.70: K,
$3.80; M, $4.05; N, $4.25 WG, $5,05; WW,
$5.75.
PRICES ARE MAINTAINED
MONDAY'S QXTOTATIOXS ARE
REPEATED "AT YARDS.
Receipts for Day Are Small Few
Hogs Bring Extreme Top Cat
tle Are of Low Grade.
All line of livestock held steady at the
yards yesterday. There was very little
fresh stock in and trading su on a small
scale. Monday's' advance In the cattle
division was maintained, but there was
nothing of top quality on hand. Only a
few head of choice hogs brought the ex
treme quotation. Sheep sold within the
lower range of prices established the day
before.
Receipts by rail were 19 head of cattle.
Tas day's sales were as follows:
Make a Handsome
- Profit on Your Principal j
and at the same time enjoy a yield of any
where from 8 to 10.35 on your investment
-By Buying NOW
27 steera. .
1 steer. . .
1 steer. . .
2 calves. .
3 calves.
1 calf....
1 calf....
1 stag....
7 hogs...
2 hogs. . .
2 hone...
3 hogs. ...
4 hogs. . .
2 hogs. . .
8 hogs. .
1 hog
9 hoga.
Wt: Prlce.l
900 $ 5.00 4 St
700 3501 1
740 4.25
175 800
186 10.00
1HO 11. 0O
860 10.50
760 8.25
152 13.00
190 12.50
141 12.00
277 12 00
231 12.25
210 12.50
178 12.50
430 g.OO
174 13.00
Z hogs.... 615 7.04)
7 hogs... 138 12.2
8 hogs.
8 hoprs . .
58 lambs . .
94 lambs. .
46 lambs. .
307 yearl. .
1 buck. . .
Official
197 12.00
ZS3 1Z.0O
63 3.001
64 8. BO1
60 3.00i
81 2.60
220 1.50
11 hoga....
1 hog . .
2 hoga....
2 hogs.
3 hogs. ...
9 hogs.
6 hogs. . .
8 hoga. . . .
6 hogs. . .
4 cowa...
8 hogs. . .
23 hoga. ...
4 nogs. ...
2 bogs....
1 hog
2 hogs....
1 hog
4 hogs. . . .
5 hogs. . . .
1 hog
2 lambs. . .
17 ewes
Wt. Prtce.
930 4.60
1070 4.00
125-13.25
.330 9.00
250 11.75
820 9.25
156 13.00
183 13 00
3-S1 6O0
200 12.50
118 13.00
1037 4.25
. 92 12.25
198 12.25
190 12.00
120 13.O0
660 9.00
155 13.00
850 9.50
110 12.0O
164 13.00
220 12.50
. 80 5.50
124 1.50
6 yearlings 76 3.00
Foreign Kxcliange.
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:
County, foreign unit
Austria, kronen ,,
Belgium, francs
Bulgaria, leva
Czecho-Siovakia. kronen
Denmark, kroner
England, pound sterling ......
8
7i
45"
13
2
10
26
49 61
42 42
France, francs
Germany, marks ..................
Greece, drachmas ...."
Holland, guilders J
Hungary, kronen
Italy, lire "
Jugo-Slavia. kronen
Norway, kroner
Portugal, escudos ..V
Roumania. lei
Serbia, dinara
Spain, pesetas ..............."""
Sweden, kroner .............""
Switzerland, francs ""!
China Hongkong, local currency'
Shanghai, taels :
Japan, yen
NEW YORK. Aug. 2 K-rh.- i
lriSteriin' deman. $3.50;' cables.
$3.56. Francs, demand Ttm,. ..i.!..
7.64c. Belgian francs, demand. 7.35c
cables. 7 3c. Guilders, demand, 30 54c
cables, 80.60c Lire. demand. I53ii!
cables, 4.24c Marks, demand, 121 Vic
cables. 1.22c. Greece. demand. 6 43c.
Sweden, demand, 20.33c Norway, demand.
12.60c. Argentine, demand. 29.25c Bra
zilian, demand, 12.25c Montreal, 10 11-16
500 21
1,500 41
800 71
"800 i7
1.200 98
8,700 80
8,766 . 73
100 2
"266 . io"
3666 87
1,700 51
300 44
8.400 39
1,600 56
100 21
"666 26
2.500 14
2no 7
200 55
700 ....
1666 6i"
700 95
9,200
500
2.666
IOO
100
800
200
1,000
100
100
2,300
100
V.SOO
2.000
71
21
49"
ii
51
80
65
6
37
20
74
85
80
21
13
89
53"
149
11
111
106
ii
24
20
40
69
17"
96
79
72
1
8
87
SO
43
38
56
20
25
64
59
93
69
20
47
ii
50
77
65
6
37
20
74
85
79
20
19
13
39
27
54
149
11
112
109
21
11
24
2
3
17
21
41
71
75
17
97
80
20
54
73
1
3
18
10
9
54
87
50
43
38
56
21
30
26
14
7
65
28
71
60
93
12
71
21
20
48
84
11
51
80
65
6
87
20
74
03
79
' 21
Rate.
$ .0018
.074 5
.0092
.0132
.1525
S.6750
.0105
.0770
.0128
.0500
.3070
.0032
.0429
.0005
, .020
.1195
.$135
.0235
. .2050
.2050
.1655
.5025
.7000
.4875
Sept.
Dec.
Sept.
Dec. .
Sept.
Dec.
127
.58
.69
.59
.59
.88
.41
Sept.
Sept.
Oct..
Sept
Oct
MESS PORK.
LARD.
12.23 12.25 ' 12.22
12.35 12.37 12.30
SHORT RIBS.
18.85
12.22
12.30
10.77
10.70
10.70
Cash prices were:
Wheat No. 2 red. $1.24 1.24 ; No.
No. 2 hard, $1.2401.25.
Corn No. 2 mixed, 6060c; No. 2
yellow. 60 61c.
Oats No. 2 white. 85 036; No. 8
white. 3334c.
Rye No. 2. $1.1201.13.
Barley 51 063c
Timothy seed $4 iff 5.
Clover seed $13019.
Pork Nominal.
Lard $12.10.
Ribs $10. 50 0 11.25.
Quotations at tha Portland
Union stockyards yesterday were as fol
lows :
Cattle
Choice steers -. . t8.28V 8.T5
Medium to choice steera ...... 5.75 S 6.25
1-air to medium steers 5.00w 5
Common to fair steers ...... S.15ri 5.00
Choice feeders 4.50(a) 5.00
Choice cows and heifers.... 5O0fj 6.50
Medium to good cows, helfera 4.25 5.00
Fair to medium cows, heifers 3.25ftj 4.25
Common cows 2. 50- 3.25
Canners 1.75'a'. 2.o0
Bulls 2 7.". 8.75
Choice dairy calves 10.50311.00
Prime light calves 10.00010.50
Medium to light calves T.Oofi 10.00
Heavy calves 6.50 0 7.00
Hn
Prime light 12.50W13.0O
Smooth heaw. 250ra300 lbs. . 10.50 ft 11.50
Smooth heavy, 300 lba and up 9.50fi 10.50
Rough heavy
Fat pigs
Feeder pigs ...........
Stairs
Sheep
East-of-monntaln Iambs
Prime valley lambs .....
Fair to good ...........
Cull lambs .............
Feeder lambs
Light yearlings
Heavy yearlings .......
Light wethers .........
Heavy wethers
Ewes
4 and S Sterling Bonds
Republic of Brazil
100 200 1000 Dens.
The reason these solid government bonds
can be purchased at great discounts is
because the American dollar commands
a large premium in Europe.
WRITE OR CALL ON US IMMEDIATELY AND WE
WILL EXPLAIN THE SITUATION FULLY.
We advise prompt action, because prices have ad
vanced during the last week and may advance again.
LUMBB5MENS
Broadway and Oak
JAPAN' REACTS TO WEST
Impact of Christian Influence Re-
. sponsible for Progress.
COLUMBIA CITT, Or, Aug-. 2.
(Special.) "Japan today Is largely
tha product of the impact of our In
fluences on her," stated Dr. Henry
Topping, missionary In Japan for 25
years. Count Okuma says that Chris
tianity is a formative Influence In
Japan. A larire per cent of the more
active leaders and social reformers
are Christians.
One of the most pleasant hours of
the assembly was experienced when
two or three hundred Baptist young
people gathered around the campfire
by the Columbia. This came after an
address by Rev. T. B. Frlzelle of
Philadelphia.' Mr. Frlzelle holds the
position in the Baptist denomination
of leader of young people's assem
bly and institute work.
During the "Chinese hour," Rev.
H. F. Chang, Chinese pastor of Port
land, gave an address on work among
Chinese in Oregon.
The feature of sports in the after
noon was a baseball game between
married men and single men, the mar
ried men carrying off the honors.
All the assembly is looking for
ward with interest to the aquatic
sports which are to be held Saturday
afternoon at St.- Helens' bathing
beach.
POULTRY COURSE CLOSING
Rehabilitation Men Take Field to
Survey Industries.
OREGON AGRICULTURAL COT..
LEGE, Corvallis, Aug. 2. (Special.)
Thirty-three federal board rehabilita
tion men taking an all-year course
in- poultry husbandry will take the
final lesson in a field trip beginning
today at 10 o'clock. These men will
be led by Professor Lunn, who is act
ing head of the department of poultry
husbandry; F. E. Fox and O. C. Krum,
members of the staff. They plan to
go by trucks, and the first stop will
be made at Newberg. where the poul
try plants of Wire & Sons and Harry
Miller will be visited.
Two days will be spent in Portland
and lmmed'ate vicinity, the first day
in vlsitingf the Pacific Co-operative
Poultry association's feed mills and
cold storage plants. An Inspection
trip through the kitchen of Benson
hotel will be made in order that the
men may become acquainted with the
method of preparing poultry and eggs
for table use.
The second day will be spent in
Gresham, Hlllsboro, Forest Grove and
Salem poultry plants.
Water Mains in Controversy.
NORTH BEND, Or., Aug. 2 (Spe
cial.) The city is laying a system of
concrete work in the center of the
city and has requested the Coos Bay
Water company to place six-inch
cast-iron water mains in Union ave
nue. The water company held that a
two-inch main would answer- the
needs of the locality and said the
patronaee did not warrant a larger
main. The city threatened to appeal
to the state public service commis
sion, and the company said the matter
would be considered further. In the
meantime the protest to the state
bouy is held in abeyance.
Primary Receipts.
CHICAGO. Aug. 2. Primary receipts
Wheat, 2.702.000 bushels, versus 1.433.000
bushels; corn 610,000 bushels versus 401,000
bushels; oats, 2.427,000 .bushels versus
437.000 bushels.
Shipments Wheat, 2.571,000 bushels ver
sus 501.000 bushels; corn, 000.000 bushels
versus 200,000 bushels: oats, 717.000 bush
els versus 238.000 bushels.
Clearances Wheat. 4.763.000 bushels;
corn 240.000 bushels; barley, 30,000 bush
els: flour, 21.000 barrels.
Carlots St. Louis, wheat 102. corn 59,
oats 40; Winnipeg, wheat 55, oats 90, bar
ley SO, rye 2: Omaha, wheat 227. corn 40,
I oats 17; Kansas City, wheat 472. corn 12,
I oats 0, barley 8. rye 1, flax 10; Minneapo
Ills, wheat 227, corn 7, oats 2S; uluth.
wheat 104, oats L barley 11, rye 22, flax 9.
Winnipeg Grain Market.
WINNIPEG. Aug. 2. Cash wheat. No. 1
northern. 1.831i; No. 2. $1.794: No. 3,
Jl.75: No. 4. tl.SSV,: No. 5. l.41H; No.
6. 1.2Vj; feed. (1.05; track, $1.79tt;
oats. No. 2 white. 51V4c; No. 3. 504c;
extra. No. 1 feed. 49V4c; No. 1 feed, 4814c;
No. 2. 48llc; tracK, S0c; barley. No. 3
74 c: No. 2. 78 c: rejected, 7014c; rye.
No. 2, 1.22: track, 11. 22.
Futures Wheat, October, $1.64! ; De
cember, $1.47.
Minneapolis Grain Market.
MINNEAPOLIS. Aub. 2. Barley. 40
60c. Flax, No. 1, $2.04 205. Wheat,
September, $1.30: December, $1.32.
Grain at San Francisco.
SAN ' FRANCISCO. Auff. 2. Grain
Wheat, milling. $1.0001.97: feed, $1.90
$1.7. Barley, feed. $1.151.20; ship
ping. $1. 25 1.35. Oats, red feed, $1,200
1.80.
Seattle Grain Market.
SEATTLE, Aug. 2. Wheat, hard white.
$1.13; soft white and white club and Big
Bend bluestem, $1.13: hard red winter, soft
red winter, northern spring, eastern red
Walla, $1.12.
City delivery Feed Corn, whole yel
low, $39; cracked corn, $40; corn feed
meal, $40: barley, whole feed, $32; rolled
barley, $34; ground barley, $34, clipped
barley, $39; oats, whole feed. $40: rolled
oats, $42; ground oats. $42: sprouting oats,
$45; wheat, recleaned feed, $49; all grain
chop, $39; chick teed, $53; ohick mash, $55;
egg mash, $50; scratch feed, $4S: wheat
mixed feed, $28: cocoanut meal, $30; cot
tonseed meal, $40; linseed oil meal, $48;
soya bean meal. $54.
Hay Alfalfa, No. 1. $20; mixed hay. No.
1, $24; timothy. No. 1. $27; straw. $19.
QUOTATIONS ON DAISY PRODUCE
Market Prices Ruling on Butter, Cheese
and Ergs.
SAN FRANCISCO. Aug. 2. Butter
Fresh extras. 44V4c; extra firsts, S9 Vic.
Eggs Fresh extras, 47c; extra firsts.
40c; dirties No. 1. nominal; extra pullets,
3HVic; firsts, S4Vic; undersized No. 1,
25 He; seconds. 21c.
Cheese Flats, fancy, 24c; firsts, 21c;
Young Americas, fancy, 28c.
NEW TORK. Aug. 2. Butter Firmer.
Creamery, higher than extras, 4545Vxc;
creamery extras. 44c: creamery firsts,
3943ttc.
Egga Firm, unchanged.
Cheese Steady, unchanged.
CHICAGO. Aug. 2. Butter Higher.
Creamery extras, 43c; -standards, 40c;
firsts, 37H42c; seconds. 3338c.
Eggs Unchanged; receipts. 10,237 cases.
SEATTLK. Aug. 2. Wholesale prices to
dealers, efrgs. select local ranch, white
shells. 3942c; do mixed colors, 88040c;
pullets. 32 35c.
Butter City creamery cubes. 41c; bricks
or prints. 42c: country creaxnery extras,
cost to jobbers, in cubes, 39c
Coffee Futures Market Quieter.
NEW TORK. Aug. 2. Yesterday's ac-
' Uvity was followed by a much quieter
6.0010.00
12.00 a 12.5
11.00 12.00
d-UU 6.UU
eon's! e.KO
B.OOf 5 50
4.50 5 00
3 .50 4.50
2.50 -iv 4.00
3.00 S 3.50
2.50M) 3.00
2.50 a 3.00
2.00W 2.50
1.0O i(l 3.00
Chicago Livestock Market.
CHICAGO. Aug. 2. U. S. Bureau of
Markets.) Cattle, 10.000. better (trades of
beef steers steady, spots higher; top yearl
lings. $10.25: bulk beef steers. $7 fell
butcher he stock slow to 25c lower; bulk,
t4.504r6.u0; canners and cutters largely,
$2.50 1! 3.50: bulls, 23c lower; bulk, $4.50'i
6.75; fat yearlings, $0 up: veal caives siow:
lower; bulk, U0.70: Blockers and feeders
steady.
Hogs 24.000. fairly active, strong to 0c
higher than yesterday's average, mostly
10c higher; top, $11.65 early for part loada;
practical top. til. 60; bulk light and light
butchers. $1 1.25!o 11. SO: bulk packing sows.
t9.3010; pigs, 10 to 15c higher; desirable
pics. tl0.75?i 11.10.
Sheep 13.000. native lambs opened
steady; packers top, $10 early; sheep
steady: few choice Ufrht ewes. $5.25: 7
cars Idaho lambs. $10.15 with 13 per cent
sorted: 2 cars Montana wethera, $6.60.
figures steady account wet fleeces; feeder
lambs higher; best $7.75.
Kansas City Livestock Market
KANSAS CITY. Mo.. Aug. 2. (U. S.
Bureau of Markets.) Cattle, 19,000, beef
steers and yearlings steady to weak; top
heavy steers and yearlings, t9.50; bulls and
fat she stock steady to 25c lower; few
heavy cows, $5.50uv5.75; bulk medium and
good kinds, $43; good cutter. Joy 3.25;
canners steady; mostly $2.25 W 2.50 ; calves
steady. to 50c lower; mostly sales $67.50;
top vealers, $3; heavy feeders steady to
higher: fleshy kinds, $T.608.25; stockers
and other feeders mostly steady; bulk
stockers, $55.75.
Hoga 10,000, generally steady to 10c
higher than yesterday's average; best
lights and mediums to shippers, $11.25;
240 to 275-pound hogs. $10.904' 11.10: bulk
sales, $ 10.50 ! 11.15: packer top. $11.20;
packing sows steady te 25c lower; pigs
steady; closing weak.
Sheep 4000. sheep strong; oest light
ewes, $5: lambs strong to 25c higher; na
tives, $9.60; Colorados. $9.75.
Omaha Livestock Market.
OMAHA, Aug. 2. (U. 8. Bureau of Mar
kets ) Hoga. 6000, open-15 to 25c higher
on light and medium weight hogs, close
active, generally 25 to 35c higher: spots
more; practical top. $10.90; sorted lota
up to $11: bulk medium and light butch
ers, $10 10.75; bulk other kinds, $9.20 'tf
10Cattle 4500, beef steera atronr: yearlings
$9 90; handyweight steers up to tlO; grass
steers and she stock steady: bulla and veals
25c lower; stockers and feeders strong.
Sheep 15,600 lambs mostly 10 to 15c
higher: three loads of Idaho lambs to
shippers, tlO.15: bulk westerns, $9.75fe
10- sheep steady, ewe top, $5; feeders
strong; feeding lambs up to $7.50.
Seattle Livestock Market.
SEATTLE. Aug. 2. Hogs, steady; no
receipts quotations unchanged.
Cattle steady, receipts 69; quotations
unchanged.
Lambert Estate Valued at $180,000
LUWISTON, Idaho. Aug. 2. (Spe
cial.) A petition for probating the
will of James Lambert, wealthy land
owner and banker, who died here last
week, has been filed in the district
court. The estate, which is valued
at tl80.000, is bequeathed to the
widow and the eon of the deceased.
Read Tne Oregonlan classified adfl.
General Fund Warrants
Astoria, Oregon
At 96 and interest:
To net about 8Va.
Estimated maturity 18 months.
Denomination $500.
FRED GLENN & CO.
Financial Agent.
30S-9 Yeon Building.
Telephone Main 6000.
Portland. Oregon
DAILY iTETEOROl.OGICAI. REPORT.
PORTLAND. An. 2 Maximum tem
perature, 79 degrees; minimum, 68 deirreea.
River reading, 8 A. M., 81 leet; change in
last 24 hours, none. Total rainfall (5
P. M. to 5 P. M. . none: total rainfall since
September 1, 1920, 45.95 inches: normal
rainfall since September 1, 44.50 inches;
excess of rainfall since September 1. 1920,
1.45 inches. Sunrise, 4.55 A M. ; sunset,
7:40 P. M. Total sunshine August 2t 11
hours 21 minutes; possible sunshfne, 14
hours 45 minutes. Moon rise Wednesday,
4 :57 A. M. ; moonset Wednesday. 7 : 16
P. M. Barometer reduced to sea level)
at 5 P. M.. SO 09 inches. Relative humidity
at t A. At., vv per cent; at noon, per
cent; at 5 P. M., 43 per cent.
THPJ WFJATHRR.
0TATXOK&
2.
33
3
3?
5S
fa
Wind
Weather.
SE
SE
80 0.02
SS 0.2S
J! 70 0.00!. , sw
4S 92 0.001 . .!NW
62' fi0'l.l14'N
681 74 0.00!.. IV
5S 72 0 .04 . . E
B01 B o.oo:. . v
po fm'o.oo'-is'SE
541 fa o.on i2 sw
4S;52'1.2'J!. JS
61! 0SO.SO.12X
7fi 0. 001 . . !SV
m! ;; n oiviawv
B5l S4 O.OO lOlNW'Clear
60j 7S O.OOj.JSW IPt. cloudy
Pt. cloudy
Cloudy
Cloudy
Pt. cloudy
Cloudy
Pt. cloudy
Pt. cloudy
Cloudy
Clear
Cloudy
Rain
Cloudy
Clear
Clpar
Saker
Poise .......
Boston
Calvary ....
Chicago ....
Dt-nver . . . .
Iea Moines. .
Eureka
Galveston ...
Helena ....
Juneaut
Kansas City
T-.OS Amrdesi
llarshfield
Medtord ..
Minneapolis
New Orleans!
New York . . .
North Head.
Phoenix . . ..
Pocatello ...
Portland ...
Rosebur?
Sacramento
St. Louis
Salt Lake...
San Diego..
S. Francisco.
Seattle
Sltkat
Spokane ....
Tacoma
Tatoosh Jsd.
Valdezt
Walla Walla!
Waahinton
Winnipes
Yakima ...
tA. M. today. P. JI. report of preceding
day.
7S! 92 0.00! . .IPW
64 BS 0.R6!. .IB
5'JI BS 0.00 26!N
74 102 0.00. .IW
62: 72 0. 12:. . S
BS 70 0.0018 M
I 84 1 SSiO.OO! . . IN
04; lHi u.uinu s
64
Pt. cloudy
Clear
Clear
Clear
Cloudy
Clear
IClear
IClear
80 0.01 12 NWICloudy
80 0.00 12 N"W:Pt. cloudy
72 0.00 io:w
4 0.00:24 W
R 0.0OI..IW
BS 0.00! . .1 . . ..
RS 0.00 10 SW
BS 0.001 . .'N
521 SOO.OO'lOiSW
4''58 0.10i..iSW
701 90 0.00!.. IW
681 K2'0.02..IW
..if toio mi
Clear
Clear
Cloudy
Clear
Cloudy
Pt. cloudy
Clear
Clear
Clear
IClear
6B Ot o'.OOhQ-kwlClear
FORECASTS.
Portland and vicinity Fair: northwest
erly winds.
Oregon and Washington Fair: moderate
westerly win..
Odd Lots
Donarlaa Co, Wash., Road Ba.
Maturity May 1, 1922 to 1924,
at 100, yield 6.
Dlnnha, Cal.. Imp. 7a.
Maturity July 2. 1923, at
100.92, yield 6H.
Dixon, Cal., Imp. 7a.
Maturity July 2, 1923, at
100.50, yield 6.
Pnllman. Wah., Imp. 7.
Maturity list. July 18. 1924
to 1930, at 100. yield 7.
Tnnprnlnh, -Vnh., Imp. 7a.
Maturitv Eat. 1922 to 1939,
at 100, yield 7.
Cnr, Wyo, Imp. Ba. ....
Maturity Est. Jan. 2, 1922.
at 99.50, yield over 7.
Caper, Wyo.. Imp. Ba.
Maturity Est. Jan. . 1922,
at 99.50. yield over 7.
Stt1 Co. 7a.
Maturity Ausr. 15. 1931, at
97.50, yield 794.
Ptot. Alherta 44a.
Maturity Dec. 1, 1923, at
92.69. yield 8. .
Van Camp Paoklna; Co. 8a.
Maturity April 1. 1941, at
99, yield over 8.10 .
C Ba.
1923. at
Krir Wfiitmisrter, B.
Maturity July 1,
95.67, yield 84.
TJ. S. of Brar.ll Sterllnir 4a
. of 1889, at J390 Ilat per 200.
TJ. s. of Braxll Stcrllnsr 4',-ia
of 1SS3. at J425 flat per 200.
TJ. S. of Brazil Sterling; Ba
of 1913, at T460 flat per 200.
Call or phone for details.
i!jpj Smith
looi Camp
CO.
Essentials
'HE good name of
this bank with
its enviable rec
ord of more than
three-score years of
continuous activity is
of importance to the
man or woman with
funds to invest. The
bonds which we offer
are those which have
been purchased by us
only after careful in
vestigation of their
merits.
BOND DEPT.
LADD & TlLTON
Bank
Oldest la the Northwest
WASHINGTON AT THIRD
Where Your
Interests Are
. Served
At Ashley & Kume
lin Bankers your in
terests are served
with intelligence,
ability and dispatch
thus assuring the ut
most satisfaction.
H0URS-8 AM TO 530 PM
S ATU RDAYS-8AM TO 8PM.
Municipal and
Provincial
BONDS
We offer for Investment of tout
June and July funds a select list
of foreign and dOTnestic bonds
yielding:
6 to 8J3
Descriptive circulars upon
request.
WESTERN BOND
& MORTGAGE
COMPANY
Ground Floor, Board of TTade
liuildlnK Main 113.
SO 4TU ST.. POKTLAA'D, OR..
Choice
Securities
If boupht now will net an tinusnal
yield for years to come and ehow
a handsome advance In price with
the return of normal conditions.
HERRIN & RHODES, Inc.
Ftblijhed IKlWt.
STOCKS AND BONDS.
SOI Railway Eirtonn Bide,
Portland, Orftcon,
Main 2S3-2S4. . .