Morning Oregonian. (Portland, Or.) 1861-1937, August 20, 1921, Page 17, Image 17

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    TITE 3IOKXING OREGONIAN, SATURDAY, AUGUST
20,
1921
17
BABTH SEES AMPLE
OF
SUPPLY
The market for country
continued weak.
0resse4 meats
HOPS
Week's Wheat Exports Larger. '
World wheat shipments last week and
the same week last year were:
Week Aug. Week Auk.
13. 1!21. x 14. m:o.
Can 12,557.000 8.S76.000
, 7'.tS,X 72S.IMK)
1.R28.000 7IS,000
German Expert Says New
Crop May Be Light.
QUANTITY OF OLD REMAINS
U. 8. and
Argentina ,
Australia
Totals
Shipments for
pare as loilows:
To date. '21.
U. S. and Canada. .50. mx.ooo
Arirentlna k 7.0111.000
Australia , 7.208.OU0
Others 1.848.000
STANDARD STOCKS STEADY
SELLING OF SPECULATIVE IS
SUES STTXJj t!DEB WAY.
14.883.000
the season to
10.372.000
date corn-
To date. '20.
61.808.000
33.8:io.noo
7.832.000
Totals
..72.275.000 103.5U0.OO0
World Brewers Have Stocks to Last
Until April, 1922, According
y to XTirember" Merchant.
An Interesting; statement of hop market
and supply conditions throughout the
world, from a German viewpoint, Is made
by John Barth A Sons, of Nuremberg.
Harth resumes the publication of his an
nual estimates with this Introduction:
"Our last report, dated July, 1914, was
till written In the happy peaceful times
f a. golden age. Since then the world '
has ohanged. The treaty of Versailles
and the London ultimatum charge the
German people with a burden which ap
pears titanic the consequences of which
seem Immeasurable. Only by making the
inost of Hs resources and by the stubborn
will to work can this load toe bearable.
We are pleased to be able to state, that
there are signs everywhere, of the return
f the former cheerfulness to work which
had been paralyzed In consequence of the
war. Also the spirit of regeneration
gradually takes a larger hold on all classes.
The German people must, by peaceful com
petition, succeed In re-establishing the
esteem and the prestige It enjoyed in so
large a degree all over the world."
The report Is made up largely of a re
view of the Gormen hop trade during the
war and the years following. Of the crop
proepects for 1921. "Barth says:
"In nearly ell the hop producing -countries
the prospects for the -1021 crop are
causing uneasiness. The vermin, which
seemed more or less to have disappeared,
is again Increasing owing to the great dif
ference between day and night tempera
ture. The state of the hop fields In Ger
jnany and In Czecho-Slovakla is unequal.
England reports a deterioration; Ameri
ca, however, sends -very good crop pros
pects. The definite result of the crop de
fends still upon many contingencies, espe
cially on the weather we shall experience
during the next weeks. We will not omit
to point out that, even with a smaller
yield per hectare, the total quantity of
the world's crop will not, by any means,
be too small, because the cultivated
acreage Is more extensive than in former
years and warrants a larger quantity. By
Judging the market and the price in
autumn, we recommend to all
parties Interested, to base their actions
nly on real facts, and await the settling
of the situation, so as to avoid reverses
like those of last year.
"The stocks of fine qualities in the open
market are exhausted, apart from a few
tots held by speculators, not only in Ger
many, but also In all the other countries:
en the other hand there are still nearly
everywhere large quantities of inferior
hops which, up to now, could find no
buyers even at low prices. The breweries
f the whole world have abundant stocks
which will last on an average till
April. 1922."
Beer production for the years lf21-22,
in hectolitres, and hop consumption. In
1O0O cwts. of SO kilos each, are estimated
as follows:
Fancy Peaches Bring Premium.
Among the produce arrivals from Cali
fornia was a car of fancy peaches of the
J. H. Hale variety. They were of large
size and similar to late Crawfords. These
peaches sold at $1.75 a box. California
Elbertas are about cleaned up for the..sea
son. Oregon peaches were scarce and
firmer. ' '
Another car of Yakima cantaloupes, also
a car of California cantaloupes arrived.
Other receipts were three cars of melons,
one car of lemons and one 'car of oranges.
Annntnv ..........
German - Austria and
Hungary
Czeoho - Slovakia and
eastern states
ugo Slavla and Balkan
'rance
Itelgium and Netherlands
Scandinavia and Denmark
Switzerland
Cpaln, Portugal, Italy..
Continent .......
Crest .Britain .....
Beer
Prod.
30,000.000
2.000,000
6.000.000
1,300,000
8.000.000
S.ono.ooo
5,300.000
1 rno.oHi
1.600,-000
63, 900,000
42.000,000
Hop
Con.
114
11
S3
7.8
40
40
,
7.5
8
2S3.3
504
Dank Clearings. . '
Bank clearings of the ; northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland ..... .'. 4,224,5tso' J694.186
Seattle 4,522,581 8(15.626
Tacoma 437.837 98,409
Spokane 1,544.510 619,150
PORTLAND MARKET QUOTATIONS
Grain, Floor, Feed, Etc
Merchants' Exchange, noon session:
Wheat Hid.
. Aug. Sept. Oct.
Hard white t 109 X 1.08 $ 1.08
Soft white 1.08 1.08 1.08
White club l.os 1.08 l.o-s
Hard winter 1.07 1.07 1.07
Nor. Spring .. 1.07 1.07 1.07
Red Wall 1.03 1.05 1.05
Oats
No. 2 white feed 2.'i.S0 25.00 25.00
No. 2 gray v. . . 24.00 24.00 24.00
Barley
Brewing 22.00 22.00 22.00
Standard 21.00 21.00 21.00
Europe 10S.900.0OO
rn I ted States of America. Prohl'tion
Canada
Contral America .
Fouth America ...
lOastern Asia
Australia and
Zealand
Africa and India .
1,200.000
600,000)
3.100,000
1,400,000
3.500,000
800.000
7S7.3
110
7.2
S.6
18.
8,4
28.8
5.6
World consumption . .11.200,000 069.5
WHEAT PRICE STEADY, TRADE QUIET
White Oats Sell at Local Exchange at
Good Advance.
No change was made in the wheat bids
(rut into the country yesterday. Trading
operations were reported to be on a light
scale. Wheat bids on the local grain
board were also unchanged.
More Interest was shown In the oats
market and offers were raised. One hun
dred tons of white feed oats were sold al
the Merchants' Kxchange at 26 for- Sep
tember delivery, or J2 more than was bid
Thursday. Last prices were $11.50
higher. Gray oats closed at an advance
of $1. Barley was unchanged and no corn
tilds were posted.
Local mills announced a dealine of $1
a ton In scratch feed and corn, effective
today.
Snow's report frons Champaign, 111., said
"Corn In Edgar and Champaign counties
looks good. No firing of consequence and
ears look heavy. Actual yield will be dis
appointing ..because of many nubbins
wrapped in big husks. - Estimate of yields
will shrink with husking and final out
come will be below normal."
Le Count wires from Des Moines: "The
general condition of corn through thii
territory is decidedly above the average,
some barren stalks but not Important.
Quite a lot of corn is safe from frost. All
we need to make a big crop is a couple of
weeks of sunshine.
The Canadian agricultural department
estimates the grain crops of the western
prairie provinces as follows:
Wheat, 284,000,000 bushels versus 234,
000,000 bushels last year. Oats, 300,000,000
bushels versus 314,000,000 bushels last year.
Barley, 41.300,000 bushels versus 40.700.000
bushels last year. Rye. 0,100,000 bushels
versus 8.274.0O0 bushels. Flax, 0,553,000
bushels versus 7.588,000 bushels.
Argentine wheat shipments this week
were 540.000 bushels, and 3.OUS.000 bushels
corn. The Argentine visible supply Is
follows: Wheat, 2,220,000 bushels versus
1. 850,000 bushels last year. Corn, 6.000,000
bushels versus 8.OO0.0OO bushels last year.
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Portland Wheat. Bar. Flour. Oats. Hay
FLOUR Family patents. $7.80 per bar
rel; whole wheat. $0.20; graham, $6.00;
bakers hard wheat. 17.25: bakers blue-
stem patents, $6.75; valley bakers, $6.00;
straights, $5. ,3.
MiLLFEED Ilce f. o. b. mill: Mill
run, $25 per ton; roiled barley, $344f 36;
rolled oats. $36; scratch feed, $47 per ton.
CORN Whole, $36; cracked, $39 per
ton.
HAT Buying nrice f. o. b. Portland
Alfalfa, $15 per ton; cheat, $1212.30;
oat and vetch. $135l 13.50; clover. $10;
valley timothv, $15 15.50; eastern Oregon,
timothy, $19420J
Dairy and "Country Produce.
BUTTER Cubes, extras, 37 38c pound;
prints, parchment wrapped, box lots, 43c
cartons. 44c. Butterfat, buying prices: A
grade, 37c; B grade, 85c, Portland de
livery.
EGGS Case count, 28cc; candled ranch.
314i 34c; selects. 35036c.
CHEESE Tillamook triplets, price to
jobbers, f. o. b. Tillamook, 24c; Young
Americas. 25c pound.
POULTRY Hens. 16'326c H.: springs,
26 U 29c; ducks, 222ec; geese, nominal;
turkeys, nominal.
PORK Fancy, 1515c per pound.
VEAL Fancy, 15 i' 16c per pound.
Fruits and Vegetables.
FRUITS Valencia oranges, Ji5.501T7.00
per box: lemons. $848.75: grapefruit.
$5.50fc6 box; bananas, 89c pound;
apples, fl.25v4 box; cantaloupes, 7&cg
$2.50 cra.te; peaches. l)uctol.85 box; wa
termelons, ltt&2c pound; plums. $1.25(9
1.75 box: pears. S2.7Sfu3.50 box: blackher
ries, $1.25o 1.75 per crate: grapes, $2(g3
per crate; casabas. 8c per pound.
POTATOES New, lH2c pound. Sweet
Dotatucs. 10c pound.
. ON'IOXS Walla Walla, $2.502.75 sack
VEGETABLES Cabbage. 4r3c ID.
lettuce, 75cfc$l per dozen; carrots, $2.50
per sack: garlic. 15f20c per pound; beets,
$2.254i2. 50 per sack; preen peppers, lOffj)
11c pound; turnips, $2.50 per sack; toma
toes. 90cfti$1.50 -per box; cucumbers, 75ci?
$1 oer box: beans. 5 fa 8c rer pound; green
corn. S5(Sp45c per dozen. Celery, 00c & $1.25
dozen. Eggplant, 1-Vto pound.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane, granulated,
7.20c pound: beet. 7c pound.
NUTS Walnuts, 2025c pound: Brazil
nuts. 1820c; filberts, 15S'17c; almonds,
24ft 30e: peanuts. 8llc pound.
RICE Blue Rose, 6c per pound; Japan
stvle. fic tier Dound.
BEANS Small white. 4.90c: pink. 8c
lima. 7ic; red, 10c per pound.
COFFEE Roasted, bulk, in drums, J4
36Wc per pound.
SALT Granulated, barrel, 3.2urai.ua
half ground, ton 50s, $17.25; lOOs, $16.25
lumn rock. S26.50.
HONEY Comb, new crop, $8 per case.
DRIED FRUITS Dates, $4.23 per DOX
figs, $3.255.25 per box; prunes. 7 4 12i
per pound.
Provinlons. .
HAMS All sizes. 7S0c; skinned. 84
41c: picnic. 20i21c: cottage roll. 2oc.
BACON Fancy. 47 4joc; cnoice, si
37c: standard. 25 ft 29c.
LARD Pure, tierces- 16o pound; com
nound. tierces. I2V2C.
DRY SALT Back, Z2W2DC: plates, 10c
Hides, Hops, Etc.
TALLOW No. 1, 4c; No. I
per pound.
xTigti-Grade ORailway Bonds Firm
to Strong; Money Market
1
Tends to Relax.
NEW YORK, Aug. 19. Trading on the
stock exchange today retained snoet ef its
recent Irregular ana protession&l aspects.
Investment shares were fairly steady, but
speculative issues aeain lacked support.
Apart from the money market, tn wnicn
perceptible relaxation was ooservea. en
velopments affecting quoted values were
unchanged. Sales amounted to 425,000
For the first time since the eariy cays
of the month call loans en the exchange
pened and renewed into the comln
t 5 Ifa per cent. in the opening market
funds were available at 5 per cent. Bank
acceptances also eased and commercial
paper was in better request.
Dealings in foreign exchange were per
functory and again influenced by London
where German- interests were reported al
heavy purchasers of American bills. Bel
gian, French and Dutch rates movea ia-
vorably to this market. More oerman
gold for account of reparations was re
ceived and deposited to the credit of Great
Britain and Belgium.
High-grade railway bonds were firm to
strong, but convertibles eased on a lighter
Inquiry. Domestic industrials were not ma
terially affected by the heavy tone 01
related stocks. Liberty bonds reacted on
another sharp decline in the 3&s, but most
foreign 'war flotations were inclined to
harden. Total sales, par value, $8,lio,00O.
Selling continued to' center around
equipment, steel, motor and shipping
shares at gross recessions of one to
three points. Specialties 01 the food, to
bacco, leather and paper varieties fell
back to the same degree and a few mis-
cellaneous issues sustained greater losses.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck as Cooke com
pany, Portland.;
sales. iign. low.
100 .- . .
100 . .
1 Swift & Co . 86
Tenn C & C 7 t
! Texas Oil .... 6.200 34 33 83 V,
Texas Pac KiM 24 23 23'
Tex P C &. O.. 4.0OO 17V4 17 1
Tob Prod 2. IOO 5TH 55 H
Tr Cont Oil... 6,000 6 614 6
Union Oil Del. 2,000 17 hi 16 ' 16,
Union Pae ... 2.200 120 y, 119 US'
United Alloy 23
United Drug.. 9O0 56 55 54 4
Utd Fd Prod.. 400 164 16 16
United Fruit.. 1.000 102 101 101
Utd Rda N J 7
Utd Rtl Stores 15.10O 50 47 48
U S Ind Al... 8. 4O0 46 . 46'4 46
U S Rub.:.... 12.800 48 45 4S
do 1st pfd.. 900 86 8U 85
U S Smelting. -. 28
U S Steel 1.600 74 73 73
do pfd 4O0 110 109 109
L'tah Cop 400 43 44 44
; Va Chem 24
do pfd
Van Steel .... 200 27 27 27
Vlvandou 6
Wabash 100 7
do A pfd... 1O0 21 21 20
do B pfd- 15
Wells Fargo 56
West Pac 400 21 21 21
do pfd (MJ 60 GO 58
West Union... 0 81 61 81
Westh A B 85
We.-th E & M. 15,800 41 39 3
West Md ,
White Motors. IOO 32
Wfllys-Ovld . 6
do pfd ..... ..... 29
Wilson Pack ..... 33
Wis Cen 25
Woolworth 109
Worth Pump.. 200 35 85 35
W Ik. L E 8
HOGS ARE QUARTER LOtR;SFisfpH
111 con-
ability, at
of the
XXtTRTII DECLIXE IX PRICES
AT. YARDS rX WEEK.
BONDS.
TJ 8 2s res; 100 IN T C deb 6s.
do coupon ..100 N" P 4s
U S 4s reg 104 X P 8s
do coupon ..'104 Pac T T 5s..
Pan 8s reg... 75 Pa Con 4s..
do coupon . ..7fi S P cv 5s.....
AT&T cv 6s. 100 ISO Ry 5s
Atch gen 4s 77 U P 4s
D & R G cob 4s 63 U S Steel &s . .
P2
76
56
85
88
91
84
81
94
Bid.
Liberty Bond Quotations.
Range of Iloerty bond quotations fur-
23
cents a pound,
pound;
calf.
per
CASCARA BARK Five
delivered Portland.
HOPS 1920 crop, 15ig20c
contracts, 30W31C per pound.
HIDES Fresh cured, 4c per pound;
llih'12c per nound: kip. 6c per pound.
WOOL New clip. 12?2ic per pound.
MOHAIR New clip, 16o per pound, de
livered Portland.
CHAIN BAGS Nine cents at country
points.
Oils.
LINSEED OIL Raw, In barrels, $1.02;
5-gallon cans, $l.s. Boiled, in barrels, I
$1.94; 5-gaflon cans,
TURPENTINE in drums, c; o-gauon
cans, $1 07.
WHITE LEAD 100-pound Kegs, iac
per pound.
COAL OIL Tank wagons ana iron oar-
rels. 17c; cases. 806537c.
GASOLINE Tarik wagons and iron bar
rels, 2tic; cases, 88 c.
TRADE EXPANDING IN SOME LINES
Larger Sales Are Reported and at Higher
. Prices.
NEW YORK, Au. 19. Bradstreefs to
morrow will say:
The moderate gain noted last week tn
wholesale and jobbing trade in wearing
apparel lines for fall has been fully sus
tained and there seemed to 'be a further
accentuation of the optimistic feeling.
In some lines, notably silk good), shoes,
canned goods, raw wool and iron and steel,
the movement has progressed beyond the
point of mere feeling and has found ex
pression in larger sales at higher prices,
notable in this respect being pig iron and
scrap material and canned and dried
footle.
In no ease has the expansion assumed
big proportiona and there is no evidence
of any reduction in the caution with which
purchases are being made. In fact, the
phrase "immediate needs" Ls more fre
quently met with than any other words
descriptive of the volume of buying. How
ever, the advance of the season, the rather
better tone of crop advices, the fear or
the absolute knowledge of email . stocks
held' in distributors' hands and the loosen
ing up of credit consequent upon the less
tense condition of the money market' all
make for a rather more confident tone in
purchasing.
Weekly bank clearings were $3.S09.
903,000.
Adams Exp....'
Agr Chem . . .
do ptd
Ajax Rubber..
Alaska Gold . .
Alaska Juneau
Allied Chem..
Allis-CluU . ...
do P,''l . ...
Am Beet Sug.
Ana Bcsch . .
Am Can Co. . .
Am Car & F..
do pfd
Am Cot Oil...
Am Drug Syn.
Am Hide & L.
do Pfd .....
Am ice ......
Am Inti Corp.
Am Linseed . .
do pfd .....
Am Loco .....
do ptd
Am Saf Razor
Am Shin & C.
Am Smelter ..
do ptd .....
Am Snuff ....
Am Steel Fdy
Am Sugar ....
do pld .....
Am Sumatra..
Am T & T. .. .
Am Tob
do B
Am Wool . . ..
Am W P pfd..
Anaconda
A sad Oil
Atchison .....
do pld .....
Atl Coast Line
Atl U Ac W I..
Bald Loco . .'i
do pld
Balto & Ohio.
do pfd
Beth Steel 8s.
do B
B R T
Butte C & Z..
Butte & Sup..
Caddo Oil
Cal Packing. ..
Cal Pet
do pfd
Can Pac
Cen Leather. .
Cerro de P. . ..
Chand Motor..
Chi & N W...
Chi Gt West. .
do pfd .....
Chill Cop
Chino ........
C M St P
do pfd .....
Coco Cola ...
C &. O
Colo F & I
Colo Southern.
Colo 1: & K..
Col Graph ...
Con Gas .....
Con Cigars . ..
do pfd .....
Contl Can . . ..
Contl Candy..
Corn Prod ...
do pfd
Cosden Oil ....
C R 1 &. P....
do A pfd...
do B pfd...
Crucible
do pfd .....
Cuba Cane . ..
do pfd
Cub Am Sug..
Del & Hudson.
Dome Mines..
D & R G
do pfd
Endi Johnson.
Erie
do 1st pfd . ..
do 2d pfd . ..
Fam Players..
Fed M & Sm..
do pfd
Fisk Tire
Gaston Wms..
Gen Cigars -.
Gen Elec ....
Gen Motors . .
do Os
Gen Asphalt..
Goodrich
Goodyear ....
Granby ......
Gt Nor Ore. . .
do pfd
Greene Can ..
tiulf S Steel. ..
Hask Barker..
Houston Oil. .
Hup Motor . ..
Ill Central ...
Inspiration ..
Int Agr Corp.
20O
1.100
IOO
2uO
20
88
80
73
25
122
700
i.Voo
700
600
1.700
' "lOO
3.0OO
300
3O0
l.lOO
"i,'506
800
2.2IK)
100
.S.4O0
' IOO
400
400
300
" 5,400
81,400
"2,900
200
48
29
20
45
84
6
34
20
35
30
7i
24
120
7
28
18
40
83
84
23
03.
44
105
119
'68
'84
"si"
21
74
3S
51
2,400 43
23
02
"43
105
118
tir"
'34
"i4
19
71
37
$1
48
Friday 1:19 2 3 3 3
Year ago IOO .. 1 2 6
Season to date. 4222 57 320 90 187
Year ago 19.19 17 117 76 172
Tacoma - 1
Thursday 4.1 . . 2 1 3
Year ago '12 .. 2
Season to date. 111A 3I lr.T 15 62
Yenrago 336 11 142 18 94
Seattle
Thursday 20 . ; 4 1 B
Year ago 2 2 3 8
trftuson to date. 648 13 352 27 1!45
ear ago irQ 36 53 1 298
DEMAND
FOR
WOOL
LIGHTER
100
300
mo
300
Yoo
8,900
'4, Yoo
900
3l)0
700
200
800
1.400
1.20O
600
" 100
'i.'ebo
" 6.800
3,4uO
100
'i.'soo
"s.'&oo
6,500
400
100
100
IK0
600
200
3.200
4,100-
21,01 Hi
3O0
2,000
100
10O
Yoo
200
100
10O
11 11
60
33
iii"
27
43
63
"l6
'26
40
32
64
3
60
32
iii
24
42
64
"i
-
"26"
39
32
53
3
33 33
6" 64
25" "23
82 31
76 76
54 "53
"s" "7
"i "i
68 68
13 13
19 19
'52 si'
112
10
31
74
"si"
8
111
8
43
81
73
"si"-
10 10
Ir.tr Callahan. 1,000 4 4
Int Harv 4,700 70 69
Int Mer Mar.. loo 9 9
do pld 500 41 40
Int Nickel 7,700 13 12
Int Paper ... 1.200 43 43
lnvin Oil . 3,800 8 8
Island Oil ... aOO 2 2
Jewel Tea ... 100
K C Southern. 1,200 26 23
do pfd 7oo 50 49
Kellv-Spgfld . 3,loo 38 8B
Kennecott ... 3O0 18 18
Keystone Tire. 0o0 12 12
Lack Steel . .. 200 38 38
Lee Tire 500 25 24
Lehigh Val ... 1.100 61 6-1
1 1 BE BUTTER GRADUALLY ADVANCES
Bayers Offered lP to 38 Cents for Extras.
Egg Trade Slow. .
The scarcity ofc top-grade cube butter is
gradually putting the market higher. Up
to 8S cents was offered for extras yester
day. Prints are beginning to move better
as consumers return from the summer re
sorts. Ekks were In good supply and the de
mand was slow. Prices were unchanged.
Poultry Is coming in better and this
wnakened the market. Light hens sold at
lOtfrlS cents and heavy hens at 2326
cents. Light-weight springs were wanted.
Prices Are Maintained in Huston Market
Goods Outlook Enrouraging.
BOSTON. Aug. 19. The Commercial
Bulletin tomorrow will say:
The demand for wool has been leas pro
nounced during the past week, but there
is still a healthy volume of business be
ing done and prices are readily maintained
on the basis of last week's quotations. The
outlook in the goods market is encouraging.
Slight improvement Ls noted in the for
eign markets with prices somewhat higher
on the beet types of the finer wools In
Australia English topmakers have ad
vanced quotations slightly in sympathy.
v Naval Stores.
SAVANNAH, Aug. 19. Turpentine firm,
55 c; sales, 69 barrels; receipts, 505 bar
rel; shipments, 401 barrels. Stock, 10.009
barrels.
Rosin, firm. Sales none. Receipts. 108S
caska; shipments, S55 casks: stock, 75.440
casks. Quote, a, u, E. $3.7 : r , $3.7.fu.
3.S5: G, $:l.S."i 8.U5; H. $3.90fi4; jt $4;
K. $4.03; M, $4.15; N, $4.25; WG, $3; WW,
$5.00.
Dried Fruit at New York.
NEW YORK, Aug. 19. Evaporated ap
ples, nominal; prunes, firm; peaches steady.
Lorillard
Lowe Theaters
L & N
Mex Pet
Miami
Mid States Oil
Midv eteel
M K & T ;
do pfd
Mont Power ..
Mont Ward...
Mo Pac
do pld .....
M & St L
Nat Biscuit . .
Nat Enamel..
Nat Lead ....
Nev Con .....
New Haven ..
Nor & West. .
Nor Pac
Nov Sco Steei
N Y Air Brk..
N X Central..
Okla Prod ref.
Ont Sliver ...
Ont & West. .
Otis Steel
Pac Dev
Pac G & E. ..
Pac Oil
pan Am Pet..
do B
Penna '
Peo Gas
Pere Marq ...
Phila Co .
Pure Oil
Pierce Arrow.
Pierce Oil . . .
Pitts & W Va.
Pr Steel Car..
Pullman
Ray Con .....
Kt-adtng .....
Remington . ..
Keplo Steel . . .
Rep I i O
do pfd .....
Rep Motors ...
Rvl Dutch Oil.
Ry Steei Spg..
Saxon Motors.
Soars Roebuck
Shattuck Ariz
Shell T 4 T. .,
Sinclair
Stand Oil Cal.
SIoss Bhef ...
So Paa
So Ry
do pfd
St L & S F. ..
Strom Carb. ..
C!,.ll.,
1.500
IOO
28.700
1,000
1.100
11
'94"
"ii"
23
800 ,
1,700
200
" "eno
soo
200
1,200
e.Yofl
100
100
1.900
100
206
30
100
loo
1.9O0
3,200
1.2O0
3,400
700
200
100
2.000-
2,100
200
" 'ioo
5.2IMI
300
2.900
200
200
400
'200
4.8.(0 .
400
19
38
IO
18
'76
23
50
71
18
9
35
41
86
38
19
25"
13
6
11
9i
"io
23
19
37
39
71
9
16
75
28
60
70
18
U
33
40
35
37
55
19
Bid
41
30
60
20
85
SO
27
29
24
121
108
16
4
lo
47
63
28
18
40
M
102
4
6
84
69
99
22
02 -i
89 Vi
43
105
119
117
68
21
34
97
84
80
- 2I
Si
UH
48
10
4
11
60
32
1 1
113
24
25
42 -V.
64
7
16
9
21
25
39
32
53
22
35
63
3-6
85
67
38
65
IOO
24
31
75
64
63
18
8
19
13
101
16
1 '
58
13
19
13
62
5
20
9
1
64
111
n
01
80
J 1
IS
2-
74
20
ii 1
67
44
10
83
30
6-i
69
!'
40
1
42
8-
10 v
25
49
87
18
12
3
51
144
- 11
108
111?
20
10
28
3
40
16
18
11
110
. 39
71
8
05
75 5
23
49
70 i
1
8
18
9
9
84
35
41
35
87
nlshed by the Vverbeck & Cooke company
of Portland:
. Closing
High. Low. Bid.
Lroerty s 88.00 SS.2S 8S40
Liberty 1st 4s 87.78
Liberty 2d 4s 8T.4
Liberty 1st 4s 87.S 87.86 87.83
Liberty 2d 4s 87.78 87. tW 87.66
Liberty 3d 4s 92.0O i1.0O 91.92
Liberty 4th 4 S.S.IK) 87.92 87.90
Victory 4s 0S.76 88.68 88.72
Victory 3s 98.74 98.72 98.72
Alloues 17 North Butte ... 8
Ariz Com 7 Old Dom 21
Calu A Ariz... 43 Quincy 83
Calu & Hecla..224 Oceola 22
Centennial .... 7 Superior 2
Cop Range ... SO Sup & Boston.. 1
East Butte ... T shannon ....... 80
Franklin 1 Utah Con 3
isle Royalle .. IS Winona ....... 60
Lake Copper... 2 Wolverine ..... 10
Mohawk 46
Valley Lambs Firm and Market It?
Higher; " Cattle Continue
Slow and Unchanged.
The hog market had another decline of
a quarter yesterday. The top price on
prime lights Is now $11.25, or a full dollar
under the quotation prevailing at the open
ing of the weetc
Sheep and laffnbe continued -steady to
firm and the best valley lambs were ad
vanced 23 cents to $6.75. A large part of
the days sheep arrivals oame on contract.
. Catitie were in light supply and the
market was steady and unchanged.
Receipts were 26 cattle, 1, calf, 58 hogs
and 1231 sheep.
The day's ealee were as follows:
Wgt. Price. Wgt. Price.
2 steers.
1 steer. .
1 steer. .
? steers.
1 cow. .
3 cows.
1 cow. .
1 cow. .
3 cows.
1 cow . .
7 calves
18 hogs. .
1 hog. . .
41 hogs. .
1 hog. . .
flO hogs . .
118 Iambi
34 lambs.
23 lambs.
44 lambs.
1173 $ 4.302M lambs.,.
920
9iK
IOOO
lO'.H)
1040
740
1090
680
7:lO
210
235
2U
193
380
195
' 76
. 74
SO
70
S.0O -2O lambs.
4.04,13 lambs..
4.75(20 lambs..
5.0O 5 ewes. .
4.0O 2e'.,
4.00 9yrlgs..
3 0l 4Bteers.
4.Ml 6 steers. .
4 (H) 2 steers. .
5.00 1 steer. .
10.25 2 steers..
9.25 lcow...
11.25 4 cows. .
8.25 1 bull. . .
11.25 1 hog...
6.7--. 1 hog. . .
6.0O 10 hogs..
6.50 16 hogs. .
6.75
80 $
8
1114
82
104
170
105
fw7
1)76
103
1280
10O3
800
717
lor.O
1 60
1W)
112
90
6.75
6.75
6.00
6. 50
l.OO
2.00
4.50
4. (Ml
4.00
4.00
4(H)
4.00
4.00
4.O0
3.00
5. (HI
4.00
11.23
11.23
Corn Liquidation in the September de
livery was the outstanding feature and
that month sold at a discount of 1 cent
per bushel under December. It is most
unusual at this time of the year, with
crop conditions so perfect, that the new
crop month should sell at a premium over
the nearby and in our opinion it very
clearly demonstrates a weak waderiying
position. Receipts are steadily increasing
while there seems- to be more doubt as to
the permanency of the export demand.
Oets Pressure was less in evidence this
morning .and as a result this market
showed a firmer tone. Cash prices were
about cent higher and the spot basis
was firmer. Shipping sales showed some
improvement, totaling 345, 00O bushels, part
to exporters. We believe It will be ad
visable to await concrete' Indications of a
better cash demand before taking a posi
tion on the long side, based on prospective
conditions. 1
Rye Trade was comparatively small
with seaboard interests again on the buy
ing side, while the selling came from the
northwest. Cash rye was unchanged at
1 cents under September for No. 2 on
track.
Leading futures ranged as follows:
WHEAT.
Ones. Hirh. Low. Close.
$1.16 $1.18 $1.18 $1.17
1.17 1.19 1.16 1.17
CORN.
.52 .52 .51 .52
.S3 .53 -32 .53
COAST ROAD WORK BEGUN
TOt,EDO-CIIITW4XD PART OF
HIGHWAY CErXG CLEARED.
bonds for the establishment or pur
, chase of a municipal lishtingr rm,
S the issuance of $15,000 in bones to
j refund a like amount of 1901 water
bonds and an amendment to the city
charter ralsinr the minimum fia for
liquor violations to $250 will come np
at a special election which has been
set by the city council for Septem
ber 6.
Sept. ...
Dec
Sept.
Dec.
Brining- Stocks at Boston.
BOSTON, Aug. 18. Closing quotations:
Money, sniver. Etc
NEW YORK, Aug. 19. Prime mercantile
paper, 66 per cent.
Time loans, steady; 60 days. 90 days, six
months. 55 per cent.
Call money, steady; high, low. ruling
rate, offered at and last loan 6 per cent;
closing bid, 5 per cent.
Bar silver Domestic. 89c: foreign.
02.c.
Mexican dollars, 47c
LONDON, Aug. 19. Bar silver, 38 d
per ounce. Money. 4 per cent. Discount
rates, short bills, 44 per cent.
New York Bonds.
New York bond quotations furnished bv
Herrm &. Rhodes. Inc., of Portland
Maturity.
in:;
The official auota-tinns
Union stockyards) were a
(jatue
Choice steers .....I
Medium to choice steers.....
Fair to medium steers
Common to fair steers
Fair to good feeders..
Choice feeders
Choice cows and heifere
Mexlium to good cows, heifers
Fair to medium, cows, heifers
Common cows ...............
Cannere .....................
Bulb
Choice dairy calves..........
Prime light catvee
Medium lig-ht calves..........
Heavy calves ................
Hogs
Prime light
Smooth heavy, 250 -to 300 lbe.
Smooth heavy, 30O lbs. up....
Rough heavy ................
Fat pigs
Stags .........
Sheep
East of mountain lambs......
Prime valley lambs. ....... ,.
Fnir to good.................
Cull lambs
Feeder lamhs
Light yearlings .............
Heavy yee.rlings .............
Light wethers
Heavy wethers
Ees
at the Portland
follows:
: 6.00 6.50
5.50 O.00
S.OOiij 5.50
4.00(1!! 5.O0
4.25 e 4.75
4.7.1 t
6.00"i
4.25 ae
3.25 r
2.50'3
1.7!
5 00 a?
lOfVOWH.OO
7.0rl0.00
T.OOtolO.OO
6.50 0 7.00
5.'-V
5.75
5.00
4 2-5
3.23
2.30
3.50
1.75S11 2
8.75 m 9 75
7.7T,3 R.75
6.0OH 8.00
11 Oofiill.25
4.00 9 7.00
8.5of
6.00-
5.00 rii
l.SOi
1.5A4?
.SOit
2.50'
2.50 rfr
2 .O0 W
1.00
7.25
6 75
BOO
3 00
S.OO
4.00
S.OO
S.O0
2.50
3.00
Sept.
Dec
Sept. . .
Sept.
Oct. .
.32
.35
OATS.
. .82 .83
. -35 .36
MESS PORK.
17.00
LARD.
10.50 10.60 10.37
10.70 10.70 ' 10.2
SHORT RIBS.
8.90 8.92 8 87
6.90 8.90 8.87
.82
.36
10.60
10.70
Am Tel &. Tel 6s..
do 6s
Am Tob 7s ......
do is
Anaconda 7s B....
do 6s A
Armour vc 7s ....
do 4s
Argentine GI fis ..
Am Ag Chm 7s ,
Beth Steel 7s
do 7s F . .
do Kvi. 7s
Belgium Ext 7s
do 6s
do 8s
Bergen 8s, city of
Berne 8s. city of.
Brazil 8s
Canadian Ss .....
do 5s
Can Nat Eq 7s ..
(J & N w 11
..1924
. . 1922
..1923
. .1929
..1929
. .1930
..1939
. .1945
. .1941
. .1922
..1923
. .1935
..1945
. . 1923
..1940
..1945
..1945
..1941
. .1926
. .1031
. . 10.33
. 19!0
C M St P gn and rt 4s A. .2014
Price.
98
98
10014
100
93
8S
98
81
20 -.
86
99
88
93
102
94
101
99
99
89
92
89
101
102
59
103
98
99
100
101
101
101
119
101
103
101
100
9.8
100
5
102
101
97
101
7
66
77
77
93
95
99
102
103
102
9 4
89
99
100
101 Ml
97
96
104
103
9
100
100
98
97
99
971
101
100i,
82
100
IOI
100
Foreign Bonds.
Foreign toond quotations furnished by the
uveroecK & tooice company of Portland
Can, Nor 7s
unite s
Christiana 8s. city of
Copper Exp 8s
do bs
do 8s
do 8s
Cuban Amer Sugar 8s. . . .
Con Gas cv 7s ...........
Dla Match 7s
Denmark 8a .............
Danish Mun 6s ..........
Dupont 7s .............
French ext s
do 7s
Grand Trunk 7s .S
Goodrich 8s
Gulf Oil 7s
Great Northern 7s .......
Hershey 7s
Humble Oil "s
Int Rap Tr ref s
Int Mar CT 6s
do 7s
Kennecott 7s
Libby, McNeil & Libby 7s
Morris at Co 7s-
Mexican Pet Rs
NYC call 7s
Norway 8s
Northwest Tel 7s
Ohio C O 7s
Pan Amer is ............
Penna 6s
N P & G N (Jnt) 6s ...
N P s
San Paulo 8s
Southwt Tel 7s ,
Stsndard Oil. N Y 7s
Stand Oil of Val 7s ,
Steel & Tube 7s
Swiss 8s
Sears Roe 7s. ... w ...... .
do 7s ..................
do 7s
Solvya 8s ......'..
Swift & Co 7s
Un Tank 7s
U S Rubber 7s
Wilson first 6s
West Elee 7s . . .
Westinghouse 7s
Zurich Ss
......
. .1940
. . . 194 1
...1945
. . . 1922
...1923
...1924
...1025
. . .1931
. . . 1925
. . .1935
. . .3943
. . ,1943
.. . 1931
. . .1943
...J941
. . .1940
.. .1941
. . .1933
...1936
. ..1930
. . .1023
. . . 1906
.. . 1941
. . .1921
...11)30
. . .1031
. . . 1930
....1938
. . .1980
. . .1940
.. . 194 1
. . . 1923
. . .1930
. . .19.16
. . .1936
. . .2047
. . . 1938
. . ..1925
.. . 1031
. . ..1931
. . .1951
...1940
... 11121
. . .1922
.. .1923
....1927
1923
.. .1930
, . . 1930
1928
. . .1925
1931
. . .1943
Russian 5 Mm. 1921.
Russian 5s, 1926
Russian 6s. 1919
French 5s. 1931 . . .
Fr. nch 4s, 1917 ..
Italian 5s. 191R ...
British 5, 1922
British 5s. 1927
British 5. 1929 ..
British vky 4s ....
British ref 4s
Belgium rest 5e
Belgium prem. 5s. .
German W. L. 5s .
Berlin 4e
Hamourg 4s ' ,
Hamburg 4s ...
Leipsig 4s
I.elpsig 5s
Munich 4s
Munich 5s
Frankfort 4s
Jap 4s
Jap 1st 4s
Jap 2d 4s
Paris 0
U K .-. 1921 ...
V K 5V.s. 1fr2 ...
U K 5'As. 1929 .. .
U K 5s. Jl37 . . .
Bid.
. . 15
.. S
.. 16
. . 59
. . 4 -7
,.31
, .307
. .360
. .350
. .274
. .2 ". 5
. . 68
. . 70
.. '
. . 9
.. 50
.. 11
.. 10
.. 11
.. 11
.. 11
.. 11
'. '. 86
. . 8K
.: 99
. . 99
.. 98
. . 88
..87 .
Ask.
19
8
2o
(
4
2
.5 1 I
870
:ii
2S1
2R."
71
74
I04
10
1 1
12
1 z
13
1314
13
13
S
80
100
10O
99
89
87
Kansas. City Livestock Market.
KANSAS CITY. Mo.. Aug. 10. (United
Staates Bureau of Markets.) Cattle Re
ceipts, 1700; quality common, few loads
native steers and sales of other classes
around steady with yesterday's low time:
best steers here. $8.50: bidding unevenly
lower on al-l grades but Texas steers:
early sales Texas steers In quarantine.
$2.754.2fi; few on native side, $0.25;
others priced at $5i6..15; medium to fairly
good cows, $4.73; choice, $3.50; common
heifers e-round $4; common canners. $1.50;
beet vealers. $7.50.-
H-ags Receipts, 1700; open slow, tater
mles barely active; better era dee mostlv
1525c higher: others generally steady to
10c higher; few closing sales on mixed
and heavies steady to lower; bulk of sales.
sa.40wu.00: stock pigs steady; few at $9.40.
neep tieceipts. lxoo: early sales prime
classes, steady to strong; light ewee, $4.75;
native lambs, $10.10.
Chicago Livestock Market.
CHICAGO. Aug. 19. (United States Bu
reau of Markets.) Cattle Receipts, 2000;
slow, generally steady; bulls weak to 25c
loweri top heavy steers, $10.35; bulk beef
steers, $6.75&9.50; bulk fat she-stock, $4
(fi 6; carfners and cutters, $2.25&3.25: bulk
bolognas, $4.254.50; butcher grades,
largely $56.50; bulls, stockers and feed
ers, $37; domestic strong weight feed
ers. $8. .
Hogs Receipts, 15,000 : 25c to 50c
higher; better gnades practically all sold;
others slow; top, $10.33; bulk light and
light butchers. $lolO.:t0: bulk packing
sows, $8.2o8.75: pigs. 2.?DoOc higher.
Sheep Receipts, 8OO0; all classes about
steady; native lambs, top to city "butchers,
$10.50; bulk to packers. $10; one load,
$10.25; seven cars Idaho lambs, $10.15;
tPM) feeders out at $9.00; good Idaho and
fed western ewes, $4.0004.70; best light
fat natives, $3- '
Omaha Livestock. Market.
OMAHA, Aug. 19. (United States Bu
reau of Markets.) Hogs Kecelpts, 4.oo:
market very uneven; some early Business
on heavy butcher hogs, 2iiiy 50c higher;
general market lic to 25c higher; bulk
better grades, f s.7ftrl.o; top. $9.73; bulk
packing graaes, x . r. n is.ou.
Cattle Keceipts, loww; generally ateaay
on all classes; best steers included at $9.18);
bulk fed steers. $8.509.75; bulk cows and
heifers, $4taj.2o.
Sheep Receipts. 5000; all classes steady;
bulk western lambs, $9.251i-0.75; top.
$1O.50; best native Iambi, $9; no choice
ewes here; top light feeding lambs late
Thursday, $8.
Seattle Livestock Market,
SEATTLE, Aug. 19. flogs Weaker; no
receipts; prime. , $10.50 11 ; smooth heav
ies. $7-&S.i0; rough heavies, $3 fro; pigs.
Cattle Receipts, 55; steady; unchanged.
$9.50 & 11.
Swift A Co. Stocks.
Closing prices for Swift Ac Co. stocks
at Chicago were reported by the Overbeck
& Cooke company of Portland as follows:
Swift & Co Uo
Libby. McNeill & Libby 8
National Leather 7
Swift International 2.2
WHEAT AVERAGES HIGHER
BROADER TRADINTG ENCOUR
AGES HOLDER S AT CHICAGO
Foreign Exchange.
Foreign exchange rates at close of busi
ness yesterday, furnished by Northwestern
National bank of Portland. The amount
quoted is the equivalent of the foreign unit
in United tSates funds:
Country Foreign unit. Rate
Austria, kronen $ .imuS
Belgium, francs .076.",
Itu'iif'iria. leva !(M)!H
Ozecho-Slovakia. kronen ........... .012s
Denmark, kroner .1050
England, pnund-eterling 3!fl700
Finland, flnmark .0165
400
3,300
15,000
2.4O0
"i.OOO
3O0
33,900
92 Vi
12
' 68
48
.'48
74
" 68
5
1(
78
20
'23
27
6S
13
6
90
12
67
46
73
2
84
17
lit
'28
27
67
France, franca
Germany, marks .......
Greece, drachmas
Mnlland. srullders . .
19M 1 Hungary, kronen .......
29 I Italy, lire
2 . -j, j .Tniro-Slavia, kronen ....
13 (Norway, kroner
r, ! Portugal, esrudos .......
25 ; Roumania, lei
55 1 Serbia, dlnara
Ul Spain, pesetas
i- : ween. Kroner
67 i Swltzerlnnd. francs ....
, - V. 1 . II ... 1 1 I
Shanghai, tae! .......
Japan, yen
1K
4(1
83
8
40
73
3
62
34
17
70
S2-
197
44
22
.07
.0123
.O.-.70
.3115
.Oo:t3
.0437
.0064
.1.112
.loiin
, .0128
.0241
.1305
.2150
.1700
.51 0t
. 701)0
.4900
Sept. ...... 8.90 8.92 8 87 8.82
Oct. 6.90 8.90 8.87 8.87
Cash prices were:
Wheat No. 2 red, $1.19 01-20; No. 2
hard. $1.20(011.20.
Corn No. 2 mixed, 53 33 c ; No. 2
yellow. 63p54c.
Oats No. 2 white, 82 33c; No.
white 30?31c.
Rye No. 2, $1.02 L04.
Barley 57 67c.
Timothy seed $493.
Clover seed $13 19. '
Pork Nominal.
Lard $10.55.
Ribs $S 10.50.
Primary Receipts
CHICAGO, Aug. 191 Primary Receipts
wteat, 2.194.00O bushels against 1.388.
0OO bushels. Corn, 1,008,000 bushels
against 278,000 bushels. Oats, 1,227,000
againnt l.oou.ooo bushels.
Shipments Wheat. 2.827.000 bushels
against 860,000 bushels. Corn, 1,259,000
bushels against 147.000 bushels. Oats,
wu.ww ousneis against 441. 000 bushels.
Minneapolis Grain Market
MINNEAPOLIS, Aug. 19. Barley 40
59c. Flax. No. 1. $2.02 2.04, Wheat,
Dept. fi.zi; Dec si.rs.
Wlhnipeg Grain Market
WINNIPEG, Aug. 19. Cash wheat. No.
1 northern, $1.61; No. 2. $1.77; No. 3
!. ; No. 4. $1.46. Futures, wheat.
ucu i.i; f.ov. l 39; Dec. 1.33
Grain at San Francisco.
SAN FRANCISCO. Aug. 19. Grain
Wheat, milling, $1.901.97; feed. $1.73
raa. Barley, reed, $1.2001.30; shipping,
$1.30 1.45. Oats, red feed, $1.2O1.30.
Corn, white Egyptian, $2.202.80; Red
Mllo, $1.90 2.05.
Hay Tame oat $1015: wild oat. $10
12: barley, $1012; alfalfa, $14; stock
40 (a- j.u.
' I
Seattle Grain Market. I
SEATTLE. Aug. 19. Wheat, hard white.
$1.11; soft white, white club, $U0; hard
red winter, northern spring, $1.09; soft
red winter, $1.07: eastern red Walla, $1.08:
Dig Dene. DLuestem. s-1.16.
City delivery: Feed. corn, whole yellow.
$39; cracked corn. $41; corn feed meal $41.
Barley, whole feed, $34; rolled barley, $36;
ground barley, J3; clipped barley, $41.
Oats, whole feed. $40; rolled oats, $42;
ground oats, $42; sprouting oats, $45.
Wheat, recleaned feed, $48. All grain
chops, $38. Chick feed, $38. Chick mash.
$57. Egg mash, $48. Scratch feed. $38.
Wheat mixed feed, $20. Cocoanut meal.
$27. Cottonseed meal, $42. Linseed oil
meal. $46. Soya bean meal. $56.
Hay Alfalfa. No. 1, $2(; mixed hay. No.
1, $22. Timothy No. 1. $27. Straw, $19.
1 -SAN
FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc.. at Bay City.
SAN FRANCISCO, Aug. 19. Vegetables
Squash. 25ti50c 40-pound lug, potatoes.
white fancy. $2$f2.50; onions, new crop,
yellow, $2 1? 2.35; red. $1.50 6 2; green. $1.50
(ft 2: tomatoes. 73c fti) 11.75 lug; bell peppers,
6c; beans, 2&6c; Italian, 6Rc; lima.
8-; carrots, $1 sack; eggplant, 3(u-6c: corn.
$2(fr3; sweet potatoes. 4?5c; lettuce
$1.25 crate: celery. $4.506.
Pouitry Young chickens. 31f34c; stag-
gy roosters, 2025c; old. 15(18c; hens.
oeiasc: ducks. 18c; geese, 2;c; turkeys,
live, 83c; dressed, 4jc; Belgian hares, live.
15c; dressed, 18g)20c; squabs, fancy, 8c;
common, 12.00 dozen.
Fruit Oranges. tfSS.SO; lemons. S3.ft0
6.50; lemonettes. $2.5094: grapefruit. $3.50
4; apples, xi.25o-'2.i.t; strawoerries,
1.20 crate, drawer 5053e; blackberries.
25 35c drawer; raspberries. OOdiSuc draw
er: Deaches. 75c5w$1.50: cantaloupes, stand-
ardu, 75c$1.25: ponies, 7590t:; sl-ats. 40
4i'6oc; figs, blacK, aouoie layer,
1.75; single. 75c$1.25; watermelons. 1
1 cents: grapes, seedless. 65c$1.25
crate: other varieties. $1.25rl.OO; seedless,
lug. $i.732: pears. 7.o $2.7.i.
Recelnta Flour. 4406 quarters. Barley.
8622 centals. Oats. 137 sacks. Beans. !M
sacks. Potatoes, 4394 sacks. Onions. 104
sacks. Hay. 110 tons. Hides, 24. Live
stock, 1027.
Completion of Project to Open One
of QuickC, and Best Routes
to the Ocean.
TOLEDO, Or, Au& IS. (SpeclaL
A. Glebisch of Portland, who was the
successful bidder anion? the 20 submitting-
blda on the grracting: of the
ten-mile section of road from Toledo
o Chitwood. came in last week, and
has opened up four camps and has a
large number of men at work clea-ringr
the. right of way. The section' of the
road known as Pioneer mountain is
to be worked first, and as this section
will require heavy grading-, Mr. Gte-
bisch expects to use a steam shovel.
The work will be continued throuarh-j
out the winter. The- contractor has
advised local residents that he does
not expect to close the road- to traffic
at any time, even though there 1s a
detour by way of the old Pioneer
mountain road.
With the exception of a half mile
strip known as the Hayes creek see-
on. all other portions of the New
port-Co rvallis highway between New
port and the- Benton county lino are
under construction or the Kradins'
completed and by the mlddJe of July.
1922, the tourist will be a-ble to leave
Convalli3 and never go out of high
gear on a continuous 20-foot roadbed
to Newport, it is ifaid. The road will
open one of the quickest and best
routes to the coast.
RAILROAD1 PERMIT GIVEN
DAILY CITY STATISTICS
Marriage Licenses.
FAIR COt? RT-HERZIG Charles J. Fair
court. 36. 515 Chamber of Commerce build
ing, and Mabel Maxine Herzig. 29, 560 Al
berta street.
COZKNS-LEWIS Thomas Grant Cosens,
66. 176 West Sixteentli street, and Ida May
Lewis, 64. 176 West Sixteenth street.
GEI.LER-GOTHELPH Isaac Geller. le
gal, 373 First street, and Celia Gothelph.
legal, son Water street.
MOONEY-M ARSH ALL Russell M. Moo
ney. 28. 1214 Madison street. Seattle. War.h..
and Ada li. Marshall, 26. 427 South Third
street.
CLEMENT-HAVET Ora E. Clement. 89.
Roseburg. Or., and Alta Ilavey. 86, Port
land. Or.
BICKEL -SILVERSMITH C. Arthur
Bickel. legal. Chkgo. III., and Rebecca
B. Silversmith, legal, Portland, Or.
MURPH Y-THATOHER John V. Mur
phy, legal. 701 Washington street, and
osephyne Thatcher, legal. 701 asulng-
ton street.
STEPHENS-JOHNSTONE Ralph L.
tephens. 23. Multnomah hotel, and Ella
ohnstone. 21, Multnomah hotel.
LANK-OITKAl) 'Zebbie H Lane, lecal
893 Bowdoln street, and Alma L. Olstead.
legal. 893 Bowdoin street.
Vancouver Marriage Licenses.
ILLK-WEHER Louis Illk. learal. of
Portland, and Marie Weber, legal, of Port
land.
RIDER-LANSDONE Chester F. Rider.
L of Portland, and Gladys L. Lanadone.
3, of Portland.
BIRKLA VD - MOHLlxO edr O.
Blrkland, 51, of Portland, and Mrs. Freda
Mohllng. 89. of Portland.
LOWE-OWENS Richard A. Lows. S4.
of Cleveland. O., and Georgin.a B. Owens.
of Kansas City. Mo.
i rotc-ctoci iaVaho-Aevada. Xdne to
Provide Outlet for Freight.
BOISE, Idaho. Auk. 19. (Soecial.i
TJie Idaho public utilities commission
has received copies of the order of
the interstate commerce commission
granting to tlve Central Railroad
company a certificate of public con
venience and necessity to build a rail
road from Rogerson In Twin Falls
county, to Wells, Nerv., a distance of
SO miles. It f estimated that the road
Willi cost $3,500,000. The company is
capitalized for $5,000,000. It has the
backing and support of the citizens
of Twin Falla who are raising a bonus
to obtain construction of tsle railroad
The interstate commerce commis
sion grants the certificate for four
reasons. The railroad would offer
an additional outlet for freight. It
would shorten by 300 miles the route
from Idaho to San Francisco. It would
make possible advantages for the
feeding of 1,500,000 head of cattle and
sheep in the Salmon country and
would! give an outlet for ore taken
from Idaho mines in the Nevada di
trict.
MINES EXPECT TO OPEN
Coal Production 'Probably Will Be
Started Soon in T-Vla&hingrton.
SEATTLE. Wash., Aug. 19. Re
sumption of operations on & limited
scale in commercial coal mines of the
state, closed down since last March
15, through the refusal of union min
ers to accept wacre cuts averacine
between 23 and 24 per cent, was
forecast for next week when it ne-
came known here Thursday that op
erators had sent panes of men to
many of the Important mines to clear
eangrways and prepare for the actua
work of producing coal.
Mines of the Fords Prairie Coa
company, near Centralia, have re
sumed operations on a co-operative
basis, according to President Foron
of that company. Virtually a f ul
crew has been obtained, it was said
Reopening: of other mines will b
on an open-shop basis. operators
6aid. Union officials said there had
been few defections from union rank
in response to tne operators appea
to ex-empioyes to return to work.
NEW YORK. Aur. Itt. TCxchanr lrrpu
lar; Htertinf? demand. $3.0oi ; cabies. S.r.i.Vi.
I rTftncn. demand. mM?i, 7.73; Hel-
pian francs, demand. 7. ."."':: caMfn .7
nullders. demand. :.!; cRlle, lire,
demand, 4.:i4; cables. x 4.34 Marks, de
mand, 1.11V; cable, l.ao. Greece, demand,
ft. 88. Sweden, demand, lil.32. Norway, de
mand. 13-0- Argentine, demand, 2!.S7.
Brazilian, demand. 12.50. Montreal & 1516
per cent discount.
'ew York Sugar Market
NEW YORK. Auk. U. Raw suirar un-
: changed. Centrifugal 4.50c; refined quiet,
I 6 6.13c.
Purchases by Exporters on Larger
Scale; Country Offerings
Jjes& Than Expected.
CHICAGO, Auk. lt. TVTieat traders
showed leas disposition today to press the
selling; aide, and the market developed
j comparative strength. Prices closed firm
I at the same as yesterday's finish to c
hlirh.r u-lth Sr.tmh.r Si lh. tn 21 17
and December SI. 17 to 41. IS. Corn
closed $c off to 4a up, and oats at c
decline to c advance. In provisions, the
outcome varied Irom 17c decline to a rUe
of lt cents.
Broadening of the volume of business
did a good deal to help bullish sentiment
regarding; wheat. Exporters were satd U
be more keen to purchase, and the sea
board estimated that sales to Europe to
taied 1.2iH,(M)i buvhels. Meanwhile, Jthe
country offerings remaining light, and with
receipts from the spring crop in the north
west falling to come forward with any
thing like such a rush as has been pre
dieted in some quarterH, the market, ex
ceot during occasional brief Intervals,
averaged a little higher throughout the
day.
Continued liquidation on the part of
holders of corn carried all deliveries of
ihat grain to the lowest prices this season.
Oats also went to a new low level.
Higher quotations on hogs, together with
packers buying, tended to. steady pro
visions. The Chicago market letter received yes
terday by the Overbeck Sc Cooke company
of Portland follows:
Wheat liquidation was renewed Im
mediately after the opening, but the mar
ket showed more remittance to the selling
and a sharp rally carried prices to a
premium over last night's close.
The local cash demand was fairly good
and premium were slightly better for
choice grade. Outside markets, however.
showed less strength. fc.xporter took fair
ly large quantities, but apparently have
assumed a waiting attitude and are buy
ing only on the breaks, realizing that there
is plenty of wheat for sale and that they
are not likely to encounter any difficulty
In securing immediate requirements. The
domestic milling demand has also been
quite active, although flour sales for the
past two days show some falling off. Prac
tically all advices from the northwest are
to the effect that the spring wheat farmer
will be a prompt seller this year. We be
QUOTATIONS ON DAIRY PRODUCE
Market Prices Ruling; on Butter. Cheese
and Kg km.
SAN FRANCISCO, CaU, Aug. 19. But
ter Kxtras, 47 Vic.
Eggs Kresh extras. 43e; extra firsts,
41 Sc; firsts. 37c; extra pullets, 36 Vic;
extra firat pullets, 36c; undersized, firsts,
27c.
Cheese Pints, fancy, 204c; firsts
19Vc; Young America, fancy, 27c; firsts,
nominal
NEW YORK, Au;, 19. Butter Unset
tred. Creamery higher than extras, 43
43 Vi c : creamery extras, 42 42 Va c; cream
ery firsts, 37 6 41c.
Hggs Firm. Kresh gathered extra
firsts, 41 44c; fresh gathered firsts, 87
40c.
Cheese Barely steady, unchanged.
CHICAGO, Aug. is. Butter Higher.
Creamery extra, 30c; standards. 37c.
Kgg Unchanged. Receipts 6401 caaes.
SKATTI-E, Aug. 19. Wholesale prices
to dealers:
Ekks Select local ranch, white shells.
41c; do, mixed colors, 37c; pullets, 3."o.
Hutter City creamery cubes, 43c; bricks
or prints, 44c; country creamery extras,
cost to jobbers, In cubes, 42c.
Coffee Consigned to Havre.
NEW YORK, Aug. 19. Reports reaching
the coffee trade from London to the effect
that the consignment of 1.000.000 bags of
coffee to Havre by the Brazilian govern
ment had been as good as arranged seemed
rargeiy refponuiwie iui tut; hil-uu itrr iune ou.
futures here today. After opening un
changed to two points higher, the local
market sold 7 to 8 points above last
night's closing figures with December
touching 7.11 or 14 points above yester
day's low level, on a little trade buying
and covering. The close was 3 to 5 points
net higher. Sales were estimated at about
33.0OO baga September, .3c ; October,
tt.78c; December, 7-ONc; January, 7.21c;
Marrh, 7.47c; May, 7.07c; July, 7.87c.
Spot coffee was reported in fair demand
with prices steady on the basis of iVc to
7 U c for Rio 7s and 10 V c to 11c for
Santos 4s.
GRAVES' CANNERIES BUSY
Slveridajl, Shcnrood and AVbodburn
Plants Absorbing: Fruit Crop.
SHERIDAN, Or.. Aug. 19. (Sp
claL) Work In the plant owned by
the Graves Canning company. Ino
with headquarters here, began thl
week after a two weeks' lull cause
by the between season on fruit. Al
three plants of the company, locate
at Woodiburn, Sherwood and Sherida
are now in o-peration.
Tho Woodburn cannery be jra.n Mon
day on eversreen and Himalay
bla-ckberries and 30 tons of the fru
are beinir received daily. The Sher
wood and the local cannery started
the run on evergreens yesterday. Pear
canning- will be begun here tomorrow.
Twt carloads of pears from Poll
Hamsrreet. fruit grower at Prosser,
Wash., were received at the local can
nery Tuesday. A carload of this sea
son's pack of cherries was shipped
yesterda.y.
DA1XT METEOROLOGICAL REPORT.
PORTLAND. Auk. 19. Maximum tem
perature 9 derrees; minimum. 68 dearrees.
River reading. 8 A. M 5.8 f-rt: rhinea in
last 24 hours. 01 foot rise. Total rainfall
5 P. M.. to'5'P. M . none: total rainfall
since September 1. 1020. 46.24 Inches; nor
mal rainfall since fcemember 1. 44. So
inches; excess of rainfall since September
1020. 1 44 Inches. Sunrise. 5:15 A. M.:
sunset. 7:14 P. M. Total sunshine Arntant
10. 11 hours 8 minutes: possible sunshine.
IS hours 59 minutes. Moonrise. Saturday.
55 P. M. : moonset Saturday 7:24 A M
Barometer (reduced to sea level at 5
P M.. 29 05 Inches. Relative humtdltv at
5 A. M. . Wi per cent; at noon, 59 per ment;
at 5 P. M 46 per cent.
THE WEATHER.
.TATIONS.
fc as
Win
Weather.
Baker ...
Botae ....
Boston ...
Caluarr ..
Chicseo ..
Denver . . .
Des Moines
Eureka ..
Galveston
Helena ...
Juneaut
K.ansas City
1,ob Anceles
Marsh fie Id. .
Medford ...
Minneapolis
-New 1 ork . .
North Head.
Phoenix . . . .
Pocatello ..
Portland ...
Rosoburfr
Sacra mento
St. Louis
Salt Lake...
Sau TMpko . .
S. Francisco
Seattle
Sitkat
Spokane ....
Tacoma . . . .
Tatoosh lad
Valdfit
Walla Walla
ashlnRton
Winnjpf-g
Yakima . . .
4 fA'6 .!.: . Tv Idea r
5'2: 84 o.ooi. . w iciear
64! 82 O.OtV . ,'N jflear
44' BS0.14-.. E iPt. cloudy
6i SU0.0B12 N" IKain
e! 6 o oo' . . 'n w'oioudy
74!. . .10.00 12'N (Cloudy
44! 6S 0.00!..!NW'Cloudy
so; 88 0.00! ..!SK K'lpar
4l! 7i! O.OOI.JK IClear
4S 54 0 .52' . . SB IRain
76! P4 0.00'14'S IClear
!sst 82 0.00 10 SW IClear
521 OS'O.OO'lO'ITW'iClear
4S: n4 0.00i..'XW!t'lrar
"8i l 0.00 12 N E (Cloudy
66 82 0.00 10 V IClear
52 5K O.OO 24'NW Clfar
7S OS 0.0O SB E ICloudy
32! 82 O.OOi. . NWK'lear
5S 7!'0.00. .lNW!Clear
52 8l! 0.001 . .INWIOlear
501 94 0.00'..!SK IClear
721 9l 0.00 16 SW IClear
62! 84 0.00 10 XW'Cloudy
64 74 0.00!. . w (Clear
56' Bso.oo'is w tpt. clondy
50! 72 0.00 12;KW!Clear
. . .156 0.00' ..... I
54! SO O.OO'.. S'B IClear
. . . I 72 O.OOi. . NT (Clear
52; 58 0. 001.. !W Clear
4- "62 0.01! . .1 Cloudy
.16! SrtO.OO'.JW Clear
64' 84 0.00'. .IN Clear
52! 64 0.00'..!W Clear
52! 86 0.001. .IS Clear
tA. M.
day.
today. P. M. report of preceding
FORECASTS.
Portland and vicinity Fair and warmer,
northeasterly winds
Oregon and Washington Fair and
warmer: moderate northeasterly winds
TRAVELERS' GTTDE.
WEEK-END FAKES
To SEASIDE
$.59 Round Trip
Coins; Friday. Return Moaday,
FIVE TRIPS DAILT.
Sheptird's Auto Bus Lines
A. Jaloff, Blarr.
X0-s Morrison Street.
Marshall 43S1.
COAL MINES UNDER LEASE
$4 0,000 .Plant Will lie Built to
Extract Chemicals.
KELSO. Wash., Aug:. 19. (Special.)
The Black Bear Coal company has
been incorporated by Dr. A. E. Bell
man, Dr. T. L. Perkins and F. E.
Hotchkiss of Portland, and a 30-year
year lease taken upon the Huntingdon
coal mine, on;the Pacific highway two
miles souLh of Castle Rock. The new
company plant to operate the mine
primarily to produce certain valuable
chemicals which can be extracted
from the coal, and a $40,000 extraction
plant will be erected at once.
Mr. Hotchkisis and a small crew of
men are doins preliminary work at
the mine. From 150 to 200 men will
be employed when the chemical plant
and mine arf in full operations, ac
cording to the plans of the company.
Bond li;opoals for Cottase Grove.
COTTAGE GROVE. Or., Aujr. 19.
(Special.) The Issuance oftSO.000 in
Metal Market
NEW YORK, Aus. li. Copper, dull.
Electrolytic, spot and nearby, llitlZhic;
later. 12i12Vc. .
Tin, steady. Spot and nearby and fu
tures 26c.
Iron, steady; unehansed.
Lead, steady. Spot 4.40c. t
Zinc, dull. East St. Louis delivery,
spot 4.20c.
Antimony, spot 4.40c.
Cotton Market
NEW TORK, Aug. 19. Spot cotton
quiet. Middling 13c.
Iuluth Llnaeed Market
DVLUTH. Aue. 19. Linseed on track,
I2.0SV,; arrive. $2.o:iV4.
California Hop Market
SAN FRANCISCO. Aug. 19. Contract
prices to growers tor Oregon hops were
quoted here today at from 31c to ii5o. .
rhone j'our want ads to The Ore
gonian, Main 7070, Automatic 660-95.
ACHIEVEMENT
Achievement Is, according to Web
ster; "something accomplished by
valor, boldness or praiseworthy
exertion." The Panama Canal
Warren ite-Kitul it hie pavement
both are achievements. Each
benefits the race. Each is the re
s u 1 1 of. praiseworthy exertion.
The manufacture of pavement of
such durability nnd resiliency as
Warrenite-Bitulithic is an achieve
ment of a hierh order. Proof of
this fact Is evidenced by the ex
cellent condition of streets and
hiphways that have for many
years withstood severe tests
under all conditions.
SEASON ROUND TRIPS TO
Seaside $7.50
Special Weest-Esri Ressi Trip
Astoria, Seaside
$6.50
Doaaesi feavfns; S A. M., 9 A. H 12
Noon. 3:30 P. M.
Office and Waltlnir Room.
Sew Houston Hotel. 72 North Sixth.
Corner Everett.
Broadway 2158 or Bdwy. 168.
OHEUO MOTOR TRANSPORTA
TION CO.
M. P. PlhL II. M. PibL
tatoria-Seaside-North Beach
Str. Georgians K1 ltrsu to Astoria.
Unity, Eacrpt Kriilay, S A. -M.
-;HT SERVICE?
Tally, except Saturdayr7 :30 P. M.
Daily, except Sunday ... 9:30 V. M.
F.VIIK TO ASTORIA, I.OO
Direct connections made for Sea
side and North Beach points. We
make direct bus connections at
Astoria both to and from Seaside
for all boats. Take the comfort
able, clean and pleasant way.
Fare to Sennlde One Way.
Round Trip S3.0O.
Alder-St. Dock. ' Main 1 122-541 22.
THE
IIARKIXS TRANSPORTATION CO.
KK3 Dt JANTJRQ MONTEVIDEO (VS
LAMPORT fi'HOLT LINE.
Rrf-alsr ssilinff of hirurioqs teftmrrn 17,000 ton H
placement, especially designed for travel intbctrop.aT
Crompafiy'w Omce, 42 Broadway, New York.
Or any Steamship or Tourist Arm. at
IXtrsey ii. H mitt.. ISO Bruadwaf.
HERRIN & RHODES, Inc.
Bstabllshed I80lt.
BROKERS
New York istorkw, KoikIh, rln. Cotton.
I'rivttt Vire. Mpmbprn Cbtcaaro
. Itonrd of Trad.
201-3 Railway Exchange Bldft.
Telephone Main 2bS'2bi.
SOUTH AMERICA
AND
I RUROPR
Reimlitr Snlllnsr.
TUB ROYAL MAIL STEAM PACKET CO.
THE PACIFIC STEAM NAVIGATION CO.
Rainier H I d 20 Marlon St.
diet. Id and Sd Ave..). Seattle.
OR ANY STEAMSHIP TICKET AGENT.
AUSTRALIA
NEW ZEALAND AND BOl'TH SEAS
Vim Xtthitt asmI Karatona. Mjtt itud pn
enter icrVK trotv ruci Fratut-uco tvrf
3t daya,
CiNiO A. CO. Ok' N k ;l..i.Ni
laid California tot., San r'rAviiciiea,
ip land itturiNM a..ucic-
i