r
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