Morning Oregonian. (Portland, Or.) 1861-1937, September 07, 1921, Image 21

Historic Oregon Newspapers

Morning Oregonian., September 07, 1921, Page 21, Image 21

Image provided by: University of Oregon Libraries; Eugene, OR

About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 7, 1921)

Prev Page of 22 Next Prev Issue Next Text PDF JP2 (4.6 MB) Clip/Print Image

Return to Top

Prev Page of 22 Next Prev Issue Next

Newspaper Page Textr 21 THE 3I0RXING OREGOXIAN, WEDNESDAY, SEPTEMBER 7, 1921 HCK1 OF HOPS ISWCEBL prices win for the most put stead. Dressed pork tu weak. Unseed Oil Declines. A reduction of 3 cents a rallon In lin seed oil was announced by dealers. The new quotations follow: Raw linseed oil, barrels, 87c; five-sral Ion cans, 1.12. Boiled linseed oil, barrels, 99c; live-gallon cans. $1.14. Late Sales of Fuggles Made i at 31 and 32 Cents. Bank Clearlnrs. Bank clearings of the northwestern cities yesterday were as follows: Clearlnrs. Portland $5,919,479 Seattle 5,592.754 Tacoma 642,798 Spokane 2.281,288 Balancea $1,392,707 1, iso.u-ta 63,543 1,OS8,70 MARKET ON' FIRM BASIS PORTLAND MARKET QUOTATIONS Grain, Floor, Feed, Etc Merchants' xchange, noon session: -Bid- Crop Prospects In Ens-land and Germany Poor and Good Year lot Growers) Here Assured. Bop picking Is now general In the state. The last large yards to begin will start operations witj full crews this morning. Growers are hopeful that the present Ideal Weather conditions will continue. It looks like a crop of exceptionally good quality, but at the same time dealers are impressing on the growers the absolute necessity of clean picking in view of the disastrous results that followed the care- leas picking of last year's crop. As usual during the harvest season busi ness tn the hop market has slowed down. Sept. Oct. 1.13 $ 1.1$ 1.13 1.13 1.13 1.13 1.13 1.13 1.13 1.13 l.in) l.uu 24.50 23.00 26.00 24.50 23.00 26.00 22.50 28.50 Soft white White club Hard winter Northern spring Kea walla Oat No. 2 white feed No. 2 gray Barley- Brewing Standard feed No. 2 S. Y. shipment 28.30 FLOUR Family patents, $7.80per bar rel; whole wheat, $6.20; graham, $6.00 bakers' hard wheat. $7.25; bakers' blue- stem patents, $6.75; valley bakers, $6.00; timothy. iinai6.au. MILLFEED Tice r. O. D. mill: Mill- run. 121 Der ton; rolled barley, J34&36 rolled oats, $35; scratch feed, $47 per ton. COB.S Whole, 3t; crackea, i3 pel HAT Buying price ten. rorciana: Alfalfa, . $13 per ton: cheat, $1212.50; oat and vetch. $13013.50; clover, $10; The Inactivity, however, has had no weak-I valley timothy, S15&15.50; eastern Oregon nlna- effect on prices. With a short crop timothy, iiBtfis.ov. NINE GARS SHEEP Ml! XO OTHER RAIL RECEIPTS AT IXX2AI STOCK YARDS. Bnlk of Trading I in Mutton Di vision at Steady Prices Other Quotations Unchanged. ' Trading at the North Portland yards yes terday was mainly in the sheep and lamb division and all the rail receipts were of .that class. Both sheep and lambs sold at steady prices. Conditions In the cattle ana hog markets were also unchanged and the tone of prices was steady. Receipts were 1960 sheep. The day's sales were as follows: Wt. Price S steers. 1015 $5 50 z cows.. 1110 4.00 920 880 900 750 1280 990 840 780 1480 780 1650 , 58 98 tbe world over It cannot be seen how prices can be anything but firm this sea son. England, according to the latest cable advices, will produce only 130,000 J hundredweight, which Is far below her re quirements, and the continent, particularly Dairy and Country Produce. BUTTER Cubes, extra. 43c per pound; prints, parchment wrapped, box lots, 46c; cartons, 47c Butterfat, buying prices: No. 1 grade, 47c; delivered Portland. EGGS Case count. SO & 31c; canaiea Aftrmanv. will not have over 50 Der Cent Of I rannh S2tf2S4r selects. 3569S6C CHEESE Tillamook triplets, price io jobbers, f. o. b. Tillamook, 24c; louog last year's outturn. Some business baa been done In Oregon fnggles at 31 to 32 cents. Growers are not disposed to sell clusters on contract at under 30 cents. In California, where good progress has already been made in gathering the crop, the estimate for the state has been reduced MOO bales to 85,000 bales. EASTERN BUTTER MARKET WEAKER Large Receipts st Atlantic Coast Points Depress Prices. Eastern butter markets were especially weak and unsettled last week, due to heavier receipts. The hot, dry weather In the south and west ,1s expected to shorten production of centralized especially. Senti ment Is fairly bullish for the Immediate future, if there is not too much accumula tion following the double holiday. Under- grades were one of the chief difficulty In the market, however. Fine butter Is short and the auality of arrivals poorer with the spread wider between top and lo- grades. Dealers expect a shrinkage In the make but consumption is good and there Is no selling of storage butter at present. During the first half of the week the San Francisco market was steady to firm with no change in prices. Fancy butter continued scarce and cold storage stocks were used freely to make up the shortage of fresh supplies. Rather unexpectedly Wednesday butter was offered c below former prices and buyers bought freely. Thursday the market was sold down again and 92 score sold at 41 c, a reduction of Sc since Tuesday. There was no change In general conditions during the week but a few dealers were of the opinion that Jobbing price around 45c was more ad rantageous. A government order for 36,000 pounds was placed at the end of the week. Receipts of outside butter at San Francisco include a car from Idaho, one from Mon tana and smaller lots from the north. Vedlura and undergrades were rather plen tiful and not in such good demand as top scores. Latest available reports show stor. age holdings at Portland, Seattle, Los An geles and San Francisco as 2.415,383 pounds as compared with 3,303,742 pounds for 1920. a shortage of 1,390,354 pounds. The market closed Friday firm and active with sv good demand for over Labor day. WHEAT HIGHER OX LOCAL BOARD An Grades Except Hard White Advanced One Cent. There was no material change In the wheat situation yesterday. The market was firm, but no Increase in business at country points was reported. At the Merchants' Exchange session hard white bids were the same as Saturday, but Northern Spring and other grades were 1 cent higher. The coarse grain market was generally steady to firm. White oats and feed barley were advanced 50 cents, but No. 2 corn was 50 cents lower. Broomhall reported wheat - and flour shipments from North America last week equal to 12,121,000 bushels and world shipments at 13,152,000 bushels. Russell's News Bureau said: "Argentine cable says crop prospects becoming daily more unfavorable. Holders not anxious to sell and business at a standstill. Port stocks are nil. Europe has no Interest In Plate wheat, owing to American being considerably cheaper." Terminal receipts, In cars, were reported by the Merchant's Exchange as 'follows: Wheat. Barl. Flour. Oats. Hay. Portland, Tues. 3o ear ago l.2 Season to date.7004 Tear ago 2S75 Tacoma, Sat... 107 Tear ago 0 Eeason to date. 2092 Tear ago 524 Seattle. Sat... 22 Year ago 24 Season to date. 1044 Tear ago 480 America. 25c nound. POULTRY Hens, 160)260 ID.; springs, 26fi27c; ducks, 252Sc; geese, nominal; turkeys, nominal. PORK Fancy, 15c pound. VEAL Fancy, 16 o per pound. Fruits and Vegetables, FRUITS Valencia oranges. $4.28 6.75 per box; lemons, iH.uupf.2a; grapeiruu, IHffflft.50 nmr box: bananas 880 pound innlct J 1.25 S3 box: cantaloupes, 75c S2.2S crate: peaches, $1.1001.40 box; water melons, llc pound: plums, ovic per nminn : MarL ll.MfUZ'Z.W Dox: nucivieuci- ries. 16c per pound: grapes, x.ooa.uu n,r rrtl: rinbu 22c per pound. POTATOES Oregon. l2c per pound; Yakima, 214 2 o pound; sweet potatoes. 4'35c per pound. ONIONS Yellow, sz.loP per saca. VKfiRTlRT.RS Cabbase. 44c pound lettuce. $2.502.75 crate: carrots, 13.00 ner sack: garlic. 1520c per pound; beets, $2.50 per box; cucumbers, 75c per box: beans. 78c per pound; green corn. 80 35c per dozen; celery, 70c'$1.10 dozen eggplant. 78c pound; tomatoes, 75c box green peppers, 78e pound. Staple Groceries. SUGAR (sack basis) Cane, granulated. S flSn nnund: beet. 6.75c Dound. NUTS Walnuts. 20O)asc pouna; erssii nuts. 18 20c; filberts, iic: aimonas, 24030c: -oeanuts. SIS' 11c pound. RICE Blue Rose. 6c per pouna; japan fvle. K5ic ner nound. BEANS small wnue, e.wuc; pma, sun. lima 7(.: red. 10c ner Dound. COFFEE Roasted, bulk, in arums, it it 86iAc ner Dound. SALT Uranulatea, Darrei, iau(?.(io; half ground, ton 50s, $17.25; 100s, $16.23 lumrj rock-. S26.50. HONEY Comb, new crop, (.u per case. DRIED FRUITS Dates, $4.25 per box figs, $3.25 5.25 per box. Hides, Hops, Etc TALLOW No. 1, 34c; No. 2, 22o Mr nound. - CASCArt A bakk jrive cents a pouna, delivered Portland. HOPS 1920 crop, 1820c per pound: contracts, 28630c per pound; fuggles, 31 It 32c. hides Fresn cured, 4Cilic per pouna: calf, llo per pound; kip. 6o per pound. WOOI New clip. 8vr-0c per pound. MOHAIR New clip, lttc per pound, de livered Portland. 2 COWL. 1 cow... co w. . , cow.., cow.. , C0W1, cow.. . bull., bull., bull., bull. . 16 lambs. 259 weth. IB weth.. 139 weth.. 78 weth.. 9 hogs.. 8 hogs.. 11 hogs.. 15 hogs.. 10 hogs.. 91 112 113 1.25 2.60 2.50 4.75 4.75 6.00 4.25 8.25 8.251 8.001 3.001 6.50 3.501 8.501 8.501 3.501 154 11.001 296 lO.OOi 334 9.751 240 11.00 189 11.901 9 hogs.. 1160 11.901 6 hogs.. 4 hogs.. 18 hogs.. 1 hog... 1 hog... 7 hogs.. S3 hogs.. a nogs., 230 9.001 270 10.501 180 11.501 4..0 3.501 21 hogs.. 8 hogs.. 6 hogs.. 9 hogs.. 7 hogs.. 3 hogs., 1 hog... 16 hogs.. 2 hogs.. 11 hogs.. 2 hogs.. 15 hogs.. 20 hogs.. 18 hogs., 10 hogs.. Wt Price. 180 $11.75 247 10.75 2O0 17T 190 203 540 171 240 821' 195 192 204 195 151 2 steers. 1210 16 cows.. 1 cow... 2 cows.. 10 hogs.. 6 hogs.. 14 hogs.. 20 hogs.. 8 hogs.. 8 hogs.. 8 hogs.. 8 hogs.. 1 hog.. 82 lambs. 651 980 1195 872 210 190 198 276 166 166 166 520 66 108 109 108 103 11.90 12.00 11.90 11.90 6.50 11.90 11.75 11.50 10.00 11.00 11.25 11.60 12.00 5.40 4.75 4 00 8.85 9.50 11.50 11.75 11.00 10.50 11.85 11.85 11.00 T.50 0.50 8 50 8.50 8.50 8.50 18.00 8.60 5.500 6.00 5.00(f 5.50 4.0019 5.00 4.7Si 5.25 4.25 4.75 5.000 5.75 37 80c 3 17 15 16 11 1 19 74 43B 251 2.13 68 418 221 259 12 13 .. 6 52 208 30 83 15 181 ' 16 147 2 23 2 1 1 ... 1 24 81 363 65 2fi5 62 71 10 389 ELBERTA PEACHES FIRM AT CLOSE """g Zlnfandel Grapes Appear On Market Sweet Potatoes Lower. Cutting of peach prices was resumed yes terday when the market opened and s number of lots of Elbertas were sold at $1, but the Bellers soon had enough of it and the market firmed up with large lots selling at $1.10. Zlnfandel grapes have made their ap pearance on the market and are selling at $1.85 a crate. Tokays more at $3, Malagas at $2.50 and Black Prince at $2.25. Sweet potatoes were quoted lower at 4 05c, according to quantity. Receipts during the day were three cars of Yakima cantaloupes, two cars of melons. two cars of Zlnfandel grapes, one car To kay ana .Black prince grapes, four cars ot Yakima peaches, one car of Takima peaches and pears, one car of Gravenstein apples, one car of sweet potatoes, one ear of Washington cabbage and one car of California cabbage and cauliflower. Large Increase in Wheat Visible. The American visible wheat supply statement compares as follows: Bushels. Increase. Sept 6. 1921... Sept 4. 1020... Sept 8. 1919... Sept. 9. 1918... ..3S..H1.000 4.0SI.OOO ..-".i.. "on "l. 4114,0110 ..6.1.327,000 6.481.000 ..56,606,000 7,785,000 Decrease. The corn visible Is. 11.500.000 bushels. an Increase of l,4.j0,000 bushels: oats. 60. 455.000 bushels, an Increase of 1.656,000 bushels; rye. 4. St 1.000 bushels, an In crease OI iha.vixi ousnels; barley. 3,3.12. 000 bushels, an increase of 241.000 bushels. The Canadian visible statement shows: Wheat 4.512,000 bushelk. Increase 1.143.000 bushels versus last year total 6,404,000 bushels. Oats, 7,937.000 bushels, decrease 607.000 versus 334.000 last year. Barley, 1,261,000 bushels, decrease 34,000 bushels versus 419,000 total last year. Provisions. HAMS All sizes. 85037c; skinned, 39c; picnic 20c; cottage roll, 22c. BACON Fancy, iowouc; cnoice. standard. 25 29c. . LARD Pure, tierces, 23V -to pound; compressed, tierces, 12c. DRY SALT Backs, iuep23c; plates, 180. Oils. LINSEED OIL Raw, in barrels, 97c; 5-gallon cans, $1.12. Boiled, in. barrels. 99c: 5-gallon cans, $1.14. TURPENTINE in drums. 2c; -aiion cans. 11.07. WHITE lead iou-pouna kegs, izfte per pound. COAL oil, ranK wagons ana iron barrels, 1714c; cases, 8037c. GASOLINE Tank wagons and Iron barrels, 26c; cases, 38 lie QUOTATIONS ON DAIRY PRODUCE Market Prices Ruling on Butter, Cheese and Eggs. SAN FRANCISCO, Sept 6. Butter- Extra, 45c. Eggs Extras. 4814c: extra firsts, 44c: extra pullets. 37c; extra pullets firsts, 30c; undersized pullets. No. 1, 23c. No. 2, 14c Cheese Flats, fancy, 2114c; Young America, 22c. ' NEW YORK. Sept. 8. Butter (Firm. Creamery, higher than extras, 4142o; creamery extras, 4014 r41e; creamery firsts, 35 14 40c. Eggs Irregular: rresn gatnerea extra firsts, 36 & 41c; fresh gathered firsts, 44 637c. Cheese Irregular. state wnoie mux flats, fresh specials, 2162114c; stats whole milk twins, specials, 2162114c CHICAGO. Sept. 8. Butter Easy. Creamery extras, 3S14c; standards, 35c; firsts. 3363714c: seconds, 8063114c. Eggs Unchanged; receipts, 11,117 cases; firsts, 29631c. ordinary firsts, 24 6 20c; miscellaneous, 27 6 28. SEATTLE, Sept 6. Wholesale prices to dealers: Eggs Select local ranch, white shells, 41c; do, mixed colors, 35638c; pul lets, 3233c. Butter City creamery cuoes, oc; oncas or prints, 47c. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, Sept 8. Poultry- Young chickens, 313c; staggy roosters. 02oc; old roosters, ibosibc; nens, 35c; ducks, 20623c; geese, 30c; turkeys. live, 35c; dressed, 45c;-Belgian hares, live, 15c; dressed. 18620c; squabs, fancy, 40c Vegetables squash; zoftVBoc. potatoes. $2.1563; onions, $2.2562.75; tomatoes, 75o t$1.50; bell peppers, 364c; beans, 465c; lima, 78c; Italian, 566c; carrots, $1 a sack; eggplant, 365c; corn, $2.5063 a sack; sweet potatoes, 3 4 6 3 14c; lettuce, $1 25 a crate; celery, $363.50 crate. Fruit Oranges, utro.so; lemons, 140 8 60; lemonettes, $263.50; grapefruit, $4 45: aDDlea (162.50: strawberries. I1.ZUO 1.40 per crate; blackberries, 30640c drawer; nucKleoemes. izftw'ioc per pouna; rasp berries, 60 6 75e drawer; - peacbea, $2 6 $2.50 per lug; cantaloupes, standards, 85c 6 1.15; ponies, 75 6 90c; Hats, 4uuouc; rigs. double layer, $1.61-35; plums. 75c 61.25 crate; watermelons, lo pound; grapes. seedless, $1.2561-60; other varieties, $1.23 pears. $1.5003.50. Receipts Flour, 8604 quarters, wheat. 4005 centals: barley, 18.430 ctls: corn, 2570 ctls. ; rye. 800 ctls.: potatoes, 5515 sacks; onions, 6025 sacks; nay, 7Ui tons; niaes, ; oranges and lemons, 2400 boxes; livestock, 2252 head. . 530 7.00:i6 weth 130 10.251249 weth.. 203 11.001248 weth.. 173 11 Mfnu ine official quotations at the Portland union stockyards were as follows Cattle Choice steers , Mediums to choice steers... Fair to medium steers Common to fair steers...... Choice feeders - Fair to good feeders Choir ,n, a A h.i,... " l":,o u.wuP ,.d Medium to good cows, heifers.. 4.250 5.00 rait ld meuium cowl n.tf.r, H ' '- 4 common cows ..... Canners Bulls Choice dairy calves rrtme light calves . Medium light calves Heavy calves , Hoes Prime light- Smooth heavy, Smooth heavy, itougn neavy Stags Fat pigs Feeder pigs ........... Sheep East-of-mountaln Iambs Prime valley lambs .... Fair to good lamba .... Cull lambs Feeder lambs Light yearlings Heavy yearlings Light wethers .- Heavy wethers Ewes 2.50 Hp 8.25 .. 1.500 2.00 .. 2.00 0 3.50 ..10.50011.00 ..10.00010.50 .. 7.OO01O.OO .. 5.509 7 00 11.25011.5 250 to 300 lbs... 9.50 0 10.50 ow ids. and up. 8.500 9.50 6.000 9.00 4.000 7.00 11.00011.50 9.50610.00 8.00 0 6.50 5.500 6.00 5.000 6.50 1.50 0 8.00 1.500 5.00 4.000 4.50 2.500 8.00 2.50 0 3.50 2.000 2.50 1.006 3.00 - Kansas City livestock Market. KANSAS CITY, Mo.. 8ept. 6. fUnlted Statea Bureau of .Markets.) Cattle Re ceipts, 16,000 head; best steers, steady to weak; top yearlings. $9.73; light steers. $9.65; heavy steers, $9.25; winter grassers, $7.90; common .grassers, $45; she stock and stockers, steady to atronsr: snots high er; good and choice cows, $5.2566; medium a;na, 4.2a((i)4.ou; good heifers. $7.5008: early sales stockers, $466; mostly $565.75; canners ana Dulls mostly steady; bulk can ners, $202.25; most cutters. . 1303.25: calves, steady; good and choice vealera. $9 69.50; feeders slow and steady: early saies, 03xa.::a. . Hogs Receipts, 9000 head; open uneven ly 100 to 15c lower; closed fully 25c lower; few loads lights, to traders. S9.25: best lights and mediums to packers and ship pers. $9.15; 225 to 275-pound weights, $8.75 duik or sales. 1869.10: most throw outs sows, $6.2566.50; stock pigs gen erally 25c lower; best kinds, $9. Sheep Receipts, 15.000 head; sheep weak, fat 123-pound western wethers, $3.50; lambs, uneven, generally steady to strong; top western. $8; feeding lambs strong to 25c higher; top, $6.60. Chicago livestock Market. CHICAGO, Sept 6. United States Bu reau of Markets.) Cattle Receipts. 20. 000 head; market slow to generally steady. lower on common and medium steers; bulk beef steers, $6.9067.50; bulk fat she stock, $4.50 6 6.75; canners and cutters mostly $2.5063.50; bulk bologna bulls, $3.4063.85; butcher grades, $4.25 6 5.75; veal calves. $12.75 6 13.23; stocker and feeder steers; weak; bulk, $5.2566.50. Hogs Receipts, 38,000 head; fairly ac tive. 10s to 25o lower: bulk sales $7,150 9.35; top, $9.50; early, heavy weight $8 9.10: medium weight. $8.90 69.40; light weight, $8.9069.40; light lights, $8,650 9.35; heavy packing sows smooth, $6,906 7.75; packing sows rough, $6.657; pigs, $809. Sheep Receipts, 33,000 head; fat Iambs strong to 25c higher, top natives to city butchers, $8.25; packers top, $8 early; western lambs top early, $8.50; some held higher: sheep active fully steady; feeder demands strong; no early sales. Omaha livestock Market. OMAHA. Sept. 8. (United States Bu reau of Markets.) Hogs Receipts. 6500 head; market held fully steady in spite of lower tendency elsewhere. Today's top. $9.35 was paid for one full load of spring shoats, with bulk medium and light butch ers from $869; bulk packing grades, $6.75 7.Z5. Cattle Receipts, 7300 head; choice beef steers steady, others 10c to 15o lower; top yearlings, $10.50; all other classes steady. Sheep Receipts, 40,000 head.: only 25 per cent of big run at hand killing classes balance mostly feeding lambs; market ac tive on all kinds at prices strong; good and choice western lambs, $7.3568; several strings of Nevadas at latter figure: top. $8.10; early top yearlings, $4.75: others. $3.75; ewes, $3;. bulk good and choice feed ing lambs, $666.40; top, $6.50. Seattle Livestock Market. SEATTLE, Sept. 6. Hogs Stronger, re ceipts, 189; prime, $11611-50: smooth heavies, $7.5068.50; rough heavies, $5.50 6.50: pigs. 19.50011. Cattle Steady; receipts, 626 head. Prime steers. $606.50; medium to choice. $5 common to good. $465; best cows and heif ers, $464.50; medium to choice, $3,500 4.50: common to good, $2.5003.50; bulls. $8.5064; light calves, $667;-heavy calves, 46a. what mixed, but that in favor of higher prices appeared to be of greater moment the most conspicuous news item being the announcement that the war finance cor poration has virtually completed plana to advance $1,000,000,000 to agricultural and livestock interests. Strange enough, the Chicago cash market was rather easy with premiums from one to four cents lower, while in Minneapolis, where the receipt are now the heaviest of any point in the country, cash prices were strong and- the basis about two cents better than Satur day. This feature is significant in that It emphasizes that the big movement is being taken. The sensational rise in the cotton market recently has created a great deal more confidence in commodity values and as the wheat situation is admittedly very bullish, we would not be surprised to see a somewhat similar occurrence in the wheat market. Corn For no aDDarent reason this mar ket was neglected by the outside trade with the result that scattered hedging sales and a moderate volume of liquida tion of long contracts created weakness. Shippers were active buyers of spot offer ings and cash prices were relatively steady. The Increase of 1,450,000. bushels In the visible suddIv was jmaller than generally expected. It is the belief of well-posted authorities that arrivals will be well taken care ot and that a further good export demand will be seen. Oats Trade was of moderate volume and, although a strong undertone was apparent during the forenoon, the ' ad vance was not sustained, due to an ab sence of outside buying power. Receipts over the holidays were not large and the cash market was firm at Saturday's basis Although the outside Interest in coarse grains has not Increased to any material extent as yet we look for a gradual im provement as the season progresses and believe purchases made around present levels can be sold to advantage a littlt later. Rye Hedging sales by the northwest found support inadequate and prices de clined easily, after the initial advance. Cash rye followed the futures, selling at September prices for No. 2 on track. Leading futures ranged aa follows: WHEAT. Open. Hle-h. Low. Close. $ 1.28 $ 1.30 $ 1.2614 f 12614 1.30 1.31 1.2914 1.2914 CORN. .65 .55 .63 .53 .54 .55 -54 .5414 OATS. .S54 .86 .85 .8514 .38 .3914 .3814 .3814 Sept., Dec. Sept., Dec. Sept Deo. Sept. Sept. Oct.. Sept... Oct... MESS PORK. LARD. 12.00 12.02 11.8T 12.00 12.10 11.92 SHORT RIBS. 17.60 11.8T 12.00 8.95 9.10 9.20 9.25 9.10 . Cash prices were: Wheat No. 2 red. afl.30 14 1.3114 mixed, $1.29. Corn No. 2 mixed, 65656c; No. low. 4314 05614c Oats No. 2 white, 8814 6 40c; No. white. 3563614c , Rye No. 2, $1.0761.0714. Barley 53 6 66c Pork Nominal. Lard $11.87011.92. Ribs $96 10.25. Timothy seed $406. Clover seed $13619. v- ' No. 2 2 yel 8 Seattle Grain Market. SEATTLE. Sept. 6. Wheat hard white. soft white, white club, hard red winter and northern spring. $1.13; spft red winter and eastern red Walla, $1.10; Big Bend bluestem. $1.20. City delivery: Feed Corn, whole vellow. $37; cracked com. 139: corn feed meal. $39; barley, whole feed. $35; rolled barley, 33; ground barley. $36; clipped barley, $40; oats, whole feed. (39: rolled oats. 38: ground oats, $33; sprouting oats, $43; wheat, recleaned feed. $44: all e-raln choD. $37; chick feed. $56; scratch feed, $46; wheat, mixed feed! $24; cocoanut meal, $27; cottonseed meal. $41: Unseed oil meal. $48: soya bean meal. (56. nay Airaifa, No. 1, $19; mixed hay. No. $21; timothy No. 1, $26; straw, $17. - Grain at San Francisco. SAN FRANCISCO, Sept 6. Grain Wheat, milling, $1.9502: feed, $1.9062; barley, feed, $1.1714 61.2214; shipping. $1.2561.35; oats, red feed, $1.4061.60; corn, white Egyptian, $2.20 6 2.30; red milo, $1.9062. Hay Wheat, No.- 1. $15618: wheat $13 T15; tame oats, $12615; wild oats. $10 612; alfalfa, later cuttings, $12614; atoca, aoi&iu; straw, nomineu. Minneapolis Grain Market. - MINNEAPOLIS, Sept . Barley, 43 60. Flax, No. 1, $1.89 14 6 1.91 14.. Futures, wheat, Sept., $1.36; Dec, $1.36; May, $1.38. Winnipeg Grain Market. WINNIPEG, Sept. 6. Wheat, October, $1.4114; November, $1.41; December, $1.37 Coffee Futures Firmer. NEW YORK, Sept 6. An opening ad vance of 2 to 3 points met some scattered realizing in the market for coffee futures, but demand seemed to be broadening, and after-selling off from 7.40c to 7.30c, De cember advanced to 7.48c, or 16 points net higher and into new high ground for ine movement. Trade interests were among the buyers and there also appeared to De some wan street demand encour aged by the steadier ruling of Brazil or the - sentimental influence of the - sensa tionally strong market for cotton.. Closing prices, were at about the best, showing a net advance of 12 to 15 points. Sales were estimated at approximately 51.000 bales, October, 7.18c; -December, 7.47c January, 7.5ic; March, 7.82c; May, 7.99c; juiy, o.ioc. Spot coffee was reported In good de mand with Rio 7s quoted at 7c and Bantos 4s, 10 to 1114c OILS LEAD -STOCK BISE JlEXICAX AGREEMENT IS CHIEF MARKET FACTOR. Wide Advances in Industrials Part ly Canceled in Final Hour. Bonds Generally Firmer. NEW YORKV Sept 8. Resumption ei business on the stock exchange today was accompanied by further Involuntary re tirement of the short account and intermit tent signs ot public interest Trading was on the largest and most comprehensive, scale of any day In sev eral weeks. Soeculatlve issues were the principal beneficiaries, however, notably industrials and sneclaltlea which were most depreciated in the spring and midsummer reaction. - Latest hannenlnrs in the Mexican situ atlon, especially the announcement of an agreement between American oil interests and the Mexican government, placed those shares in the front rank. Mexican petroleum's initial gain of four points was soeedlly extended to Bft. is.in- dred Issues rose one to nearly three points. with moderate gains in other foreign oils and junior domestics. - Prominent steels, eauinmenta. coppers. shippings, sugars, tobaccos and chemicals, likewise their accessories, gained 1 to 14 Doints at their best. The entire list was subjected to sharp downward revision be fore the close, however, Mexican forfeiting half its rise, while many other stocks canceled almost all their advantage. Sales were 735,000 shares. Anv tendency toward easier money con ditions was nullified by last Saturday's clearing house statement which reported an actual deficit of cash reserves. All call loans were negotiated at 6 per cent and time offerings were scarce. A decline of slightly more than z cents in sterling exchange was attributed to sentimental causes, notably the Irish situ ation. French and other continental bills were reactionary, especially Holland and the Scandinavian countries. Bonds derived much of their upward Im petus from the better tone of the stock market. Mexican and Belgian Issues were distinctly strong, with other foreign of ferings. Convertible rails added to recent gains, but liberties were irregular. Total sales, par value, $10,250,000. CLOSING STOCK QUOTATIONS (Furnished by Overbeck & Cooke com pany, Portland.) Sales 1,100 616 ADVANCE IS LOST LATE SELTjIXG CAUSES MARKET TO HAVE SETBACK, . Top Grade Butter Scarce, Butter prices held their own yesterday. ' There was a fair supply of cubes on the market but top grade butter was very scarce. A broader trade In prints was reported. Eggs were not materially changed. Re ceipts from the country were light snd Storage withdrawals heavy. Poultry was in moderate supply and Naval Stores. SAVANNAH. Ga., Sept. 6. Turpentine, firm, 6014c; sales, 341 barrels; receipts, 577 barrels; shipments, 338 barrels; stock, 8738 barrels. Rosin, firm: sales, 1365 barrels: receipts. 1482 barrels; shipments, 2185 barrels; stock, 74,728 barrels. Quote: B. $3.70: A. $3.75; D, $3.70 6 3.80; E. $3.80 6 3.85; F, $3 95; G, $3.9564', H, $3.95 0 4.05: I, $4.05 64.15; 'K, $4.2564.80; M. (4.3004.40; N, $4.4564.50; WG, $0.15; WW, $5.5563.60. Duluth Linseed Market. DTTLTJTH, Sept 8. Linseed oa track and arrive, $1.97. Cotton Market. NEW YORK. SeDt . BDOt cation nnlet Middling 20.10c, .. Large Increase) in Visible Supply Turns Prices Downward After Early Bulge. CHICAGO, Sept 6. Highest prices on the present upturn were made for wheat here today, December showing over 8 cents above Friday's close and 21 points above the low of two weeks ago. The sensational upturn in cotton, combined with a broader speculative trade and with the probability that Russian relief would take much wheat, made the upturn easily attained. An Increase of 4.0S1.000 bushels In the visible supply of wheat, combined with selling against offers and profit-taking late in the day, caused a setback and most of the big advance was eliminated. Final wheat' prices were steady to le higher, while corn ruled unchanged to c lower and oats steady to He higher. Corn was firmer early, but reacted quickly on heavy selling of December. Out side trade was only- fair. Crop reports were generally favorable with the crop maturing fast. Oats follows" other grains, being higher early and reacting later, but showed more strength than corn. Provisions were easier on selling of Jan uary lard by packers, while the strength In cottonseed oil Influenced buying of the nearby deliveries, with foreigners buying October lard. The Chicago grain letter received yes terday by the Overbeck & Cooke company of Portland follows: Wheat The advance scored early in the day apparently was very attractive to the longs and the market thereafter was com pelled to absorb a large amount of selling In the form of liquidation shortly before the posting of the visible supply figures show ing an increase of over 4,000,000 bushels, which precipitated additional selling and a further decline. The news was soaw . Metal Market. NEW YORK, Sept 6. Copper, steady. Electrolytic, spot ana nearby, 1261214c later, 12012c Tin, steady. Spot and nearby and fu tures, 27c. Iron, steady. No. 1. Northern, $210 22 No. 2 Northern, $20621; No. 2 Southern, iiuviv.au. Lead, steady. Spot, 4.50c Zinc quiet East St. Louis delivery, Antimony, spot, 4.50e. -t . . Primary Receipts. CHICAGO. Sept. 8. Primary receipts. Wheat, 4.86S.000 bushels versus 3.124.000 ousneis. corn, i,UB,uou busneis versus 947, 000 bushels. Oats, 1,261,000 bushels ver sus 2,u.uuo busneis. Shipments Wheat, 2,443.000 bushels versus 1,035,000 bushels. Corn, 8.056.000 bushels versus 187,000 bushels Oats, 930,- vuv Dusneis versus Of-i,U)HJ ousnels. Clearances Wheat, 4.229,000 bushels Corn. 26.000 bushels. Barley, 81,000 bush, els. Flour, 5000 barrels. New York Sugar Market. NEW YORK, Sept. 6. Raw sugar, cen trifugal, 4.61c; refined, - fine granulated. 5.90c flYSSA POTATO CROP SOLO Growers Get From $1.75 to $2,25 a Hundred for Tubers. . NTSSA, Or., Sept. S. (Special.) Of the bumper early potato crop in this vicinity 18 cars are still rolling; and one or two will leave here daily during this weelc. Practically the en tire yield in this section has been sold at $1.75 to $2.25 per hundred weight, as, thanks to the foresight of Manager Gibson and the adherents of the Malheur Potato Growers' asso ciation, but few of the producers here yielded to the "bear" sentiment put out by certain buyers in an effort to contract the crop at the opening--low price. Shipments of early potatoes gen erally throughout the country have fallen nearly to the zero mark, and of the 35 cars in the Chicago market Thursday of last week over two- thirds were from the Nyssa-Caldwell sections. , The growers' associations have vin dicated themselves, and next year. through the experience gained - in marketing this year's crop, will save the farmers and communities still more money. Adams Exp.. Advance ruin. do pfd Agr Chem... do Did AJax Rubber. Alaska Gold... Alaska Juneau Allied Chem.. Allis-Chalm .. Am 'Bt Sugar. Am Bosch Am Can Co. .. do Dfd Am C & Fdy.. do pfd..... Am Cot Oil... do pfd Am Drug Synd Am tin & Lea do nfd.... Am Intl Corp. Am Linseed . . do pM Am Loco .... do pfd..... Am Saf Rasor. Am Ship sc C. Am Smelter... do pfd Am Snuff.... Am Steel Fdy. Am Sugar .... do Did Am Sumatra..' Am T & Tel.. Am Tobacco.. do B .... Am Wool do pfd Am W P pfd.. Am zinc ..... Anaconda Assd Oil Atchison do Dfd Atl Coast Line Atl G St W I. . 4.SOO Baldwin Loco. 85,400 do High 48 Low, 45 1.100 1.100 1.300 400 100 1.600 '"ebo 800 2,200 iiioo " 600 "566 "soo 8,400 600 200 2,700 "560 200 10O 34 65 20 114 8S 8314 30 83 28 127 "2014' "so" 32 . 20 43 88 6 87 81 51 19 ' 1'4 87 33 80 32 27 i26 "49" SO 19 6 84 l.ROO 7,200 '7.266 3.700 1,700 700 16,200 200 . 100 300 8.700 24 63 '4714 106 125 124 . 74 67 "7 88 . 24 00 45" 106 '4 123 123 72 06 "is 35 600 85 86 25 81 B A Ohio..... TOO 38 do pfd ..... ' 100 61 Beth Steel 8 200 99 do "B" 6.200 62 B R T 200 10 Butte C & Z.. 1.500 . 4 Butte Sup.. 4.400 15 Caddo Oil 1.100 ' 9 Cal Packing.. 2O0 62 Cal Pet 1.600 87 Can Pac 2,200 113 Cen Leather .. 2,700 2S Cerro de Pasco 400 27 Chandler Mot 4,500 45 C 4 N W SOO 65 C Gt W 200 7 do pfd 600 16 Chill Cop 8.000 10 Chlno 600 23 C M St P.. 900 26 do pfd 800 39 Coco Cola ... ' 2,100 35 Oil Stockholders Get Good Xews. EUGENE, Or., Sept. S. (Special.) Word has been received here that 15 barrels of oil each day are being taken from the well driven at Win nctt, Mont., by the Oregon-Montana Oil company, in which a majority of the stock is owned by Eugene people. A sample of the oil was exhibited here yesterday by L. M. Addington, one of the officials of the company who has been on the ground at Wlnnett for some time. He said that drilling operations will be continued until the oil sands are encountered. Saa4 The Oregonian clauiliod ads. C & O Colo South Col G & Eleo 1.200 68 Col GraDh. Con Gas 300 87 Cons Clears Contl Can 1,400 44 Contl Candy.. 700 Corn Prod .... 7,000 70 do pfd..... Cosden Oil ... 5.500 26 C R I & P 4.500 33 do A" pfd. do "B" pfd. Crucible do pfd Cuban Cane... do pfd Cuban Am Sgr Dome Mines.. D & R G do pfd Endicott John Erie do 1st pfd.. do 2d pfd.. Fam Players.. Fed M A Smel do pfd ..... Flske Tire...., Gaston Wms. . Gen Cigars ... Gen Elec... Gen- Motor. ... Gen Mot 8. Gen Asphalt.. Goodrich .... Granby Gt Nor Ore... do pfd Greene Canan Gulf S Steel.. Hask Barker.. Houston Oil... Hupp Motor.. Ills Central ... Inspiration . . Int Ag Cor pfd Interboro .... do nfd Inter Callahan Int Harv .... lo pfd Int Mer Mar. do pfd Int Nickel. Int Paper.... Invlnc Oil.... Island Oil ... Jewel Tea ... K C South.... do pfd Kelly-Spgfld .. Kennecott . . . Keystone Tire Lack Steel. . . . Lehigh Valley. Lorlllard Lowe Theaters L A N Mex Pet 46,500 Mlamla 5"0 Mid States Oil 1,700 Midvale Steel. 800 M K A T do Dfd Mont Power . Mont Ward... Mo Pac do Dfd M StPAS S M Nat Biscuit .. Nat Enamel. Nat Lead .... Nevada Cop.. New Haven . .. Norfolk & W Nor Pae .... Nova Sco Steel N Y Air Brake N Y Central.. Okla Prod ref Ontario Silver Ontrio A W.. Otis Steel Pac G A Eleo Pacific OH .. Pan Am Pet. do "B" .... Penna Peo Gas Peer Marquet Phlladel Co.. Pugo Oil . Pierce Arrow. Pieroe Oil ... Pitts Coal .... Pitts A W Va Pressd Stl Car Rep IAS pfd Rep Motors.. Royl Dtch Oil Ry Steel Spg Saxon Motors. Sears Robuck Shattuck. Ariz Shell T & T... 200 Sinclair ..... 87,600 20 Stand Oil Cal. 700 72 Sloss Shef ... 100 85 Sou Facilio 4,300 .77 1.200 8,200 300 200 .. 1,400 700 7,000 Vioo 4,500 100 200 18,200 "2,766 8,700 8,000 ' 400 1.600 400 800 . 8,400 300 'eiooo 8.4M S00 81.000 1,200 ""600 6,600 200 1,000 200 1,500 700 200 1,800 "366 400 -80O . .4,700 100 100 1.600 , 2.400 8.300 1.100 4.700 100 800 200 12.400 1.900 2.300 1,100 300 24 79 "87 , 61 98 61 9 4 12 9 62 35 112 27 26 44 65 7 16 10 22 25 38 84 55 "87" '42"" 69 "25 82 69 57 8 -19 12 16 22 14 17 61 'isii "58" 10 . 125 10 o6" 32 '28 73 21 -33 49" 11 95 84 87 8 79 45 13 45 ' 8 2 25 80 ' 42 19 14 40 51 61 ' '18 66 i23 - 9 '47 81 28 72 20 84 r48" 11 -95 82 87 "o" "ii" 45 12 44 8 2 '25" 60 40 18 12 89 ' 61 500 12 ,12 600 1.30O 600 400 '1.266 600 100 900 13,800 Sihi 200 1,400 700 300 9.100 9.900 2.000 8.000 4,300 900 . 100 . 1.200 4.700 1 . 900 1,800 900 600 100 200 8.30 . 800 112 21 12 24 17 19 88 66 '84' 76 "i6" 95 74 25 50 71 1 ' 109 20 1'tt 24 17 19 . 87 ' 63 "84' 78 '15 95 73 25 50 71 1 Closing bid. 68 10 85 42 61 20 1 87 33 BO 31 27 80 126 1118 1 14 4 9 49 80 20 42 86 103 1 8 86 , 66 24 24 61 " 87 46 lo 123 122 83 96 28 7 36 96 85 80 S4 25 70 Al 97 51 10 4 14 9 61 S 112 27 26 . 43 60 7 1 10 22 25 38 84 64 85 65 3 87 29 41 69 100 25 32 76 65 ' 68 80 8 19 13 17 1 81 13 18 13 56 5 21 9 54 123 10 63 48 81 14 28 72 20 - 85 OH 47 11 95 33 87 . 2 8 8 79 10O 9 44 13 44 8 2 10 25 50 40 19 12 40 50 145 12 108 109 20 11 24 2 45 17 19 37 05 114 34 75 10 15 95 73 ' 23 6fl 4.400 20 20 20 100 47 46 46 2.000 23 23 23 600 81 28 29 82,200 75 73 75 96 600 7 7 7 16.800 86 35 86 2.700 14 23 24 8.000 19 18 18 12.800 68 86 68 10.000 7 7 7 18.000 18 17 18 1,400 120 119 110 23 1.700 60 49 49 3,400 17 16 16 500 106 106 105 2.600 63 1.200 47 46 49 15,600 50 46 48 200 85' 85 84 100 29 29 29 41.500 77 75 75 600 108 9.600 40 46 48 2.700 31 27 80 600 73 69 71 8,600 82 80 81 700 1 7 7 . 100 7 400 21 20 20 IS 56 800 21 21 21 200 83 83 82 . 700 44 44 . . 43 .""." "83" 32 82 2.100 6 5 6 SOO 27 27 27 100 83 100 109 200 87 87 86 Son Ry Sou Ry pfd ... St L A S F... Strombg Carb Studebaker Swift A Co... Tenn C A Chm Texas OH.... Texas Pac... Tex P C A O Tob Prod . . . Tran Con OH. Union Oil Del Union Pac ... United Alloy. United Drug.. Unltd Food Pd United Fruit. Ut Retail Strs U S Ind Alco. U S Rub do 1st pfd. TJ 8 Smelting. U S Steel ... do pfd Utah Copper. Va Chem.... do pfd Vana Steel ... Vlvandou .... Wabash do A pfd... do B pfd... Wells Fargo.. Western Pac. Western Union West E M West Md .... White Motors Willys-Ovid . do pfd ..... Wilson Packg Woolworth .. Worth Pump. BONDS. TJ S reg 2b....100N W Cen deb 6s 92 J S 2s, coup... 100 INor Pac 4s.... 77 0 S 4s, reg 104'Nor Pac Ss .... 73 J S cv 4s cou..104!Pac TAT 5s. .84 Panama Ss reg 7S iPenn con 4s. 88 Panama 3s cou '78 iSou Pac cv 6s..92 Am TAT. cvlO0ISou Railway 5s 94 Atchen gen 4s. 7R", Union Pac 4s.. 82 D A Rio con... 75iU 8 Steel 5s.... 94 Boston Mining Stocks. BOSTON, Sept 8 -Closing quotations Allouex 17 Ariz Com 7 Cal A Ariz.... 47 Cal A Hecla.-..221 Centennial .... 8 North Butte .. 8 Old Dominion... 21 Osceola 23 Qulncy $4 Superior s Cop Range Con 32! Sup A Bos Mln 1 E Butte C Mine 7 Mr 'Shannon 90 Franklin l!Utah Con S Isle Roy (Cop) 18 Winona 60 Lske Cop 2 Wolverine ..... 11 Mohawk 46 I Liberty Bond Quotations. Range of liberty bond quotations fur nished by the Overbeck as uooKe company of Portland: Hlrh. Low. Bid. ...$87.52 $87.32 $87.50 87.74 87.70 . .. 87.90 87.80 87.82 . .. 87.90 87.82 87.82 . .. 91.98 91.84 91. 8i ... 87.93 87.90 87.92 ... 99.00 98.94 98.98 . .. 99.00 98.94 98.98 The tide has turned . Every well-informed business man and economist knows that the inevitable upward' swing; of bosiness has set in. And investors who know conditions are protecting; themselves now against future advance in Bond prices by purchasing High Yield, Long Term, Income Tax Exempt Municipal Bonds Two Excellent General Obligation Bonds '6 Road Bonds 6 Park Bonds City of Bend, Oregon Due 13,31. Den. $500 PRICE TO YIELD Wheeler County Due 1932-51. Den. $1000 PRICE TO YIELD 6 LUMBERMEN Broadway and Oak 6 Liberty; 3's Liberty, 1st 4's ... Liberty. 2d 4's .... Liberty, 1st 4's Liberty. 2d 4's . Liberty, 3d 4's . Liberty, 4th 4's . Victory. 4's .... Victory. S' Money. Silver, Etc. NTTW YORK. Bept 6. Prime mercantile paper, 66. Time loans steady, 80 days, so a ays. six months, 5 6 per cent Call money firm; high, low, ruling rate, last loan ana oiterea at 5; closing bid, 5. Bar silver, domestic. 99; foreign, 63. Mexican dollars, 4vc LONDON. Sept 6. Bar silver, 39 d per ounte. Money, 2 per cent. Discount rates, short bills, 4 per cent three months' bills. 4 per cent Swift Co. Stocks. ri.i,.r nri-. for Swift A Co. stocks at Chicago were reported by the Overbeck A Cooke company ot i-oruauo. as t.-... , a- 97 Llbby, McNeil A Libby 8 National Leather - Swift International -2 New York Bonds. New York bond quotations furnished by Herrin A Rhodes, inc., 01 roruauu. Am Tel A Tel 6s. 1922 Am Tel A Tel 6s, 1924 Am Tob 7s, 1923 Anaconda 7s B, 1029 Anaconda -6s A, 1929 ., Armour cv 7s, 1930 Armour 4s. 1939 Argentine GI 5s. 1945 Am Ag Chm 7s. 1941 Beth Steel 7s, 1922 Beth Steel 7s, 1923 Beth Steel Eq 7s, 1935 Belgium ExU7s, 1945 Belgium 6s, n25 ; Belgium 8s. 1940 Bergen 8s, City of. 1945 Berne 8s. City of, 1940 Brazil 8s, 1941 Canadian 5s. 1926 Canadian 5s, 1831 Can. Nat Eq 7s, 1935 C. M & St P gn and rf 4s A, 2014 Can Nor 7s. 1940 Chile 8s, 1941 i - Chrlstianla 8s, City of, 1943 Copper Exp 8s, 1922 Copper Exp 8s, 1923 Copper Exp 8s, 1924 Copper Exp 8s. 1925 Cuban Amu Sugar 8s. 1931 Dia Match 7s. 1935 Denmark 8a, 1945 Danish Mun 8s. 1945 Dupont 7s 1931 French ext 8s. 194-5 , Grand Trunk 7s; 1940 , Goodyear 8s, 1941 Gulf OH 7s. 1933 Great Northern 7s, 1931 Hershey 7s, IU3U Humble Oil 7s, 1923 Int. Rap Tr. ref 5s. 1968 Int Mar CT 6s. 1941 Kennecott 7s, 1930 Llbby, McNeil A Llbby 7s, 1931 ..... Mexican Pete 8s, 1036 NYC call 7s. 1930 Norway 8s. 1040 Northweat Tel 7a 1941 Ohio C. G. 7s, 1925 Pan Amer 7s, 1930 Cl.nn. ftUa. 1036 N P and G N Joint 6s, 1936 102 N P 6s. 2047 101 San Paulo 8s, 1936 97 Southwest Tel 7s, 1925 v.... Swedish govt 6s, 1039 Standard Oil, N Y, 7s, 1931 . Standard Oil of Cal 7a, 1925 . Steel & Tube 7s, 1951 Swl. Ka 1940 Sears Roebuck 7a, 1922 Sears Roebuck 7s, 1923 Solvay 8a 1927 Swift Co., 7s, 1925 Union Tsnk 7s. 1930 , U S Rubber 7s, 1930 Wilson first 6s, R28 Western Electric 7s, 1925 i . .' Westinghouse 7s, 1931 Zurich 8s, 1045 WIDER VISION that's what we need m Portland and the Pacific .northwest. not simply a vision that conceives what we need in the way of more industries and bigger payrolls, but one that is willing to extend a helping hand to make these things a reality. and it doesn't require extraordinary vision to appreciate the fact that the financing of a worthy industry, such as the Multnomah Lumber 6c Box Company, is "good busi ness," both from the industrial and investor's standpoint. 10 per cent cumulative preferred stock of the above company is being taken advantage of by hundreds of "investors of wide vision." Are you one of them? If not, get in touch with us right away. EN.CLAK&AND COMPANY, Investment Securities I! Ssn Francisco WILCOX BLDG., PORTLAND Tacoma Spokane Walla Walls . -j T 99 98 1111 . 94 . 89 . 98 . 81 . 71 . K .1(H) . 98 . 94 .102 . 95 .101 . 99 .10U1 . 99 . 94 . 90 .102 . 50 .104 ... 98 . . .100 ...100 ...100 ...1(10 ...101 ... 98 .. 104 ...102 ...101 ... 98 ...101 ...103 ...101 ... 98 ...102 ... 96 ... 97 ... 53 ... 78 ... 92 ... 95 ... 96 ...1(13 ...104 ...103 ... 94 . . . ttit ...101 ... 97 . .. 88 ...104 ...1114 ... 92 ...106' ... 98 ... 97 . ..HHJ ... 97 ...101 ... 99 ... 82 ...100 ...101 ...100 JII Gil WAY CELEBRATIOX JJELD BY YAMIILDL- CITIZENS. Five Thousand Gather at Dayton Labor Day and Participate in Public Dedication. Foreign Exchange. Foreign exchange rates at the close of huinea vesterday. furnished by North western National bank of Portland. The mount ouoted is the equivalent of the foreign unit in United Statea funds: Country Unit Austria, kronen Belgium, francs Bulgaria, leva Czecho-Slovakia, kronen Denmark, kroner England, pound sterling Finland, linmara DAYTON. Or., Sept. 6. (Special.) Five thousand citizens of Yamhill county gathered here Labos day to celebrate the completion of the Tuala tin highway. The highway extends from Portland to Sheridan, and con nects Newberg, Dayton snd McMlnn-ville. The programme here consisted ot a Darade. A DarDecuo dinner aim sDeakinfer. races, airplane flights, baseball game and dancing. In the n.irade there were 20 or more cars and floats. The Women's ReHef corps. lodeea. civic clubs, good roads or ganizations and many private cars took part. The principal speaker was w. x. Vinton, state senator, who congratu lated the county on us seai in roau building:, and attacked thpse who criticised the method of collecting auto license fees. He said that In stead of spending 80 per cent of tho fees in collecting them, as had been charged, the state spent a little more than 5 per cent last year, ana proD- ably would not spend more man 4 per cent this year. Other speakers were u n a r i e Daniels, county Judge; vv. w. Lunger of Lafayette, Secretary Garrett ot tn McMInnvllle Commercial cluD, v. a. Dennis of Carlton, S. M. Calkins. mayor of Newoerg, ana J. u. ounm of Chehalem. Mr. Smith announced that he was forming a club to build an observatory on (.neiimtm moun tain. J. E. Melllnger of Dayton was chairman of the day, ana james Wakefield acted as marshal. Assisting in the celebration were the cities of Amity, Carlton, uunnee, HODewelL Lafayette. McMinnville, Newberg, Sheridan, Yamhill and W1H-amina. In the baseball game. Amity de feated Lafayette. 9 to 7. clal.) Fishing on the middle fork of Hood river, according to J. Ii. Fredrlcy, president of the Hood River County Game Protective association, was never better. Mr. Fredrioy, ac companied by John Barnes, caught the limit on the middle fork yester day. He said recent cool nights had cleared the river until the stream is in fine angling condition. Xew Postmaster at Rld(rcflelI. RIDGEFIELD, Wash., Sept. 8. (Special.) Benjamin G. Brown, ths new postmaster at Rldgeflcld, suc ceeding John T. Harris, received his commission recently and assumed the postmastershlp here officially last Saturday. Mr. Brown is well known here, having resided at Kldgefleld since September, 1913. Prance. . francs Germany, marks , Greece, drachmas Holland, guilders Hungary, kronen Italy, lire Jugo-Slavla. kronen Norway, kroner Portugal, escudos Roumania, lei Serbia, dlnara Spain, pesetas Sweden, kroner Rwitserland. -frsncs .China Hongkong, local currency. enangnai, isais Japan, yen Rate. .$ .0018 . .0765 . .0095 . .0125 ,. 1742 t 8.7300 . .0155 . .0770 . .01 13 . .0582 . .8170 . .0035 . .0440 . 00S . .13211 . .1010 . .0122 , .0230 , .1310 . .2157 .6100 .7000 .4900 NEW YORK. Sept 6. Exchange weak. Sterling, demand $3 89, cables I3.0; francs, demand. 7.60c, cables. 7.61c; Bel funri demand 7.4614c. cables 7.47c; KUlluers. oemina . . w-, h rt-m.nrt 4.82c. cables 4.32o: marks. demand l.usc. caDies i.vonc. uo s HA, - Kwkln demand 21.40c: Nor way, demand. 12.93c; Argentine, demand 80.25c: Brazilian, demand 12.50c; Mont real, 10 per cent discount Foreign Bonds. Foreign bond quotations furnished by the Overbeck A Cooke company ot Port land: 54 86 49 44 88 66 19 27 25 12 7 68 26 '3 '51 .80 . 54 85 48 43 88 65 19 27 24 11 - 66 . 26 m" Cio" 79, 4,000 ' 68 - 86 19 70 85 78 7!$ 8 17 9 54 85 48 43 88 55 16 27 24 12 7 66 26 63 81 8 50 19 S 66 36 19 71 84 78 Bid. Russian 5s, 1921 6 Russian 5 1026 4' o mi, 1919 17 French 5s. 1931 82 French 4s. 1917 2 French 5s. 1920 50 Italian 5a. 1918 V 82 British 5s. 1922 3(2 British 5s, 1927 302 British 5s. 1929 32 British vky 4s 83 British ref 4s SC3 Belgium rest 5s 67 Belgium prem 5s 70 German W. L.'5s 9 Berlin 4s 10 Hamburg 4s : 10 Hamburg 4s 1J Leipsig 4s 11 Leipslg 5s Munich 4s 11 Munich 5s 12 Frankfort 4s 11 Jap 4s 71 Jap first 4s 86 Jap second 4 , 8" PaVis 6 99 U K 6s. 1921 99 U K 5s. 1922 98 U K 5 1929 90 U K 5s. 1037 88 APPLE PACKERS TO MEET HooI River Growers' School to Educate) Orchardists. HOOD RIVER. Or., Sept. . (Spe clal.) The Apple Growers' associa tion making- ready lor a recora attendance at the 1921 packing school, which Will open lor a ween next Monday at a warehouse of the co nn,niiv asrencv at the corner of 4ninmhla. and Sixth streets. Marsh i..nh.rr rh er Inspector oi ine unto elation, aided by various members of the Inspection department, win ue m h.m Large quantities oi earner J; i varieties of fruit will be brougni to the warehouse, and students win begin immediately to learn the vari ous methods of packing apples. MUn or or stone bas sent out an appeal to families of orchardists to send all available members, both men and women, to the school. He de clares that the bla? crop of apples and the limited number of packers in former years indicates a famine of packers this year unless the fam ilies of orchardisU turn out and aid with tho work. MILL WORKERS SPEED UP Aim Is to Increase Output and Avert "Wage Reduction, i Tji-nnc-wv. Wash.. Sept. 8. (Spe cial ) A novel agreement ha been made involving an experiment at the r r-itv mill here. Business was 23 r and casta high, so the manage- ment of the mill, believing lower costs necessary, gave notice or with drawal from the tOlir-L organisation In order to reduce Its minimum wage. The Four-L employes oi ine nun. in order to forestall ine movomtni, took the matter up and agreed to make a sincere attempt to Increase the output sufficiently to warrant keeping the S3 minimum instead of the JJ.8 figure proposed. The mil! management is to Judge the result of the experiment WE AP PRECIATE YOUR BUSINESS This is a bank where you feel at home. We appre ciate your business and endeavor to make our service useful giving more than ordi nary attention to your financial af fairs. HOURS-8 A M TO 530PM. SATURDAYS 8AM TO 8PM. Ask. 6 6 19 64 72 60 33 82 872 8 69 73 9 11 11 12 12 13 12 14 IS 72 86 88 100 99 98 90 89 Western Bond & Mortgage Co. Bay suid Sell 1 Investment Securities United States Liberty Bond Issues. Btate, County, City, School and Foreign bonds, also First Mortgages on Improved city and farm property. List of Current Offerings I'poa ltequeat Western Bond & Mortgage Co. Ground Ft. MAIN 113. Board Trade Bids. ho FOUHTIt SI. Read Ths Oregoniaa cla&aifled ads. Hood River Fishing Good. HOOD RIVER, Or.. Sept tSpe- Tiat Every Investor Should Know If you own or contTnpIt baylnc real eatatft, locks, bonds inolui1inf Llbwrlys, Foreign Exrhanirn. ahart-a In Uulldlnir and Loan Annoclalinna, writs tor frt valuabla book No. via, "ff'bst Fvtrr InTMtor Hhonld Know" 00 pagca illustrated. Rose & Company Investment Bankers 50 Broad St, City of New York HERRIN & RHODES, In Established 1898. BROKERS Kssr York Frocks. Homls. (Irnln. Cotton. Private V) In. Mtmhrs Cnleaa-a Hoard of Trade. 201-8 Rallwar Klclianire Bid. Tslecbooe Alaia 23-2S4