Morning Oregonian. (Portland, Or.) 1861-1937, September 23, 1921, Image 21

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Morning Oregonian., September 23, 1921, Page 21, Image 21

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Newspaper Page TextTIIE MORNING OREGONIAN, FRIDAY, SEFTE3IBER 23, 1921 " r 21 ALL WHEAT GRADES HIGHER 01 BOARD Domestic Markets Firm With Good Milling Demand. EXPORT SITUATION IS BAD by English IJuycrs Demoralized Low Prices Quoted by Ex porters at This End. Tha wheat market was firmer at ll polnta yesterday. In the end there waa a ood advance In which the improvement 111 the milling demand played a large part. Illda on the local exchange were 3 eenta higher on all gradea and deliv eries, except October and November club, uhlch were 1 cent higher. A lair amount of wheat business wti done locally but tfcers was not much selling In the, coun try. WMIe tha domestic eltuatlon waa good. the axoort market waa not ao aaiiaiac tory. According to prlvata cables, the Hrltlsh dimand for Pacific coast wheat has been demoralised by price cutting by exporters at this end. White oati bins at the exchange were advanced II. but there were no offera for gray oats. Barley and corn were un changed. Kusaell'a newa bureau aald: "Dsnublan hlpmenta for the pant week; were: Wheat, 11B.OOO bushels veru 16,U0O bushels ' last wtek: corn, 7B.SOO buahels versus 731.UOO bushels; barley, 800.000 bushels fiL'T.OOO bushela" An (mI.th grain authority's view of the situation follows: "It looka to me from here that the European buyer, on acoount of the low price compared with last year, stepped In and bought a great deal of wheal, more than be needed the time, and that la the reaaon we have bren expecting too much of wheat In the past two months. It would aecm to me at tbla wheat arrlvea that the demand would b Tory poor, and until digested we can not expect much more exporta from thli country, Paaturea are green. In fact. greener than they have been at any time this year, and they are putting In a won d-rful acreage of winter wheat. It Is Ira possible to sell any wheat at a profit." Terminal receipts In cars were reported ty the Merchants' exchange as follows: Portland Thursday Year ago 8.son to date. Yar aao Tacorna Wednneilay ... Year ago Osson to date. Year ago KXKttl Wednesday .... Yiar ago Season to date. Year ago and Hour In August of tbla and last year follow: Aug.. ll:t. Aug.. 1l?0. Rarley, bushels Corn, bushels .. Oats, buMhels It ye, bushels . . . Wheat, bushels Klour, barrels . . 4.oJ.a.M ..18. KM. SAO . . 1.IHK.S77 . .. l.07'J.Hi7 . .88,.'.S.MJ .37.M2 71. Hit il.lXH I. '-'. HUI 7.H1I.1.S'J l.lo.7U7 of Kxporla for the first eight months the year compare, as follows: 12I Barley, bushels Corn, bushels Osts, bunhels Hve. bushels ... Wheat, bushels ilur. barrels . .. 5.0.r3.HA4 .. B4.372.4M .. S.LTiO.i'Jl .. 2l.47.i-.-.2 . .200. SOI'. 044 . . 11.1 "J. 1115 1020. 9. 1 3D. 1 411 10..M.I)77 lu.ism.D. 41.4H.lllB K9.775.04 1 13.2AH.ltts Week's Wheat Shipment Larger. World ahlpmenta of wheat last week and for the same week last year, were: Sept. 17. '21. Sept. IS. '20. D. 8. and Canada.. 12.737. (Km il.6SH.ono Argentine 7H8.0"0 8M2.0O0 Australia 1.024.0OO SO-'.OoO Total 14.S2D.0UO 12.840.000 Shipments for the season to date com pare as follows: Total Since name Per"d July 1. '21. Last season. and Canada.. llH.374.Oou no.or.i.noo U.HKL'.OOO 12,A4.UOO 1.83H.0UU V Argentin Australia Others S7,5:s.oo W.71U.0U0 Total . ..140.ilH7.0O0 157.317,000 Bank Clearings. Bank clearings of the northwestern cities yesterday were as follows: Portland Seattle . Tacorna Spokane Clearlnaa ..I4.H79.721 .. 6, 150. 7IMI 4...-,t . . 1.II23.403 Balances t K.-.1.H.-..1 1.178.713 81. 230 u3,6t2 Wht. Bar. Fir. Oats. Hay. 1M . 71 ,8'JOs . S! . 41 .3273 .1123 . 87 . 22 ,i:w . Wilt 1 1 A3 03 7a 22 83 7 8(10 lit e s son 203 e 4 803 bo 4 1 8 ti 107 44 4 4 4 13(1 &1 838 3: 1411 242 22 n 881 S24 OKECiOX JONATHANS AT 1'ITTSBllUi I.rro Extra Fanry Apples Ilrlng f 1 84.50 New York Market. The eastern apple markets are holding firm, but buying In the northweat is still light. The following carlot business at shipping nolnts Is reported: Wenatchee Jonathans, medium to large. extra fancy, ll.T3tfl.00, mostly $1.1(0; fancv. ll..oa 1.63: Staymans, medium to large, extra fancy, ll.73Sii.13, mostly 11.73. Yakima Jonathans. 10 per cent 5 tiers balance, large, extra fancy, tl.TIfj l.SA, mostly ll.TO; fancy, 11.30 V 1.60, mostly tl.&ft. Other districts Jonathans, medium to large, extra fancy. I1.731.85. mostly 61.73: fancy 11.3091.60, mostly 11.50; Jonathan, small, extra fancy, 11.50, fancy 11.11. A car of Oregon extra fancy Jonathans was sold at Pittsburg at :i'3 "o for small, 1.150U4 for medium and 84 9 4.30 for large. At New York, western boxed apples sold aa follows: Northwestern, extra fancy Jonathans, large. SVSOttS: medium to small. 11.504 5; fancy. large, $4 7565. medium to small. l4.50; C grade, all snzes. $33.30. Orchard run. large, $4.73 ri5; medium, $14 50: small, $.163.50. Kxtra fancy Winter Bananas, car run, 14 10. fancy, 3.6; C grade, $3.10. Call- fornla fancy Oravensteln, large. $3.734; medium to small, mostly 3.25 8.&0. Brit ish Columbia Nor Is, Wealthys. $3.30 T3. few high an $4; No. 2a, $2.23iu2.75l OREGON IS 8ECOND MOHAIR STATE Froauettao Given by Census Bareaa at 680,675 rounds. The production of mohair In the United States, as reported for the calendar year 1S1K. was 6,808.813 pounds, as against 6.778.706 pounds for llKrtl. This represents an Increase of 8.030.1O7 pounds, or b0.2 per cent. Texas reported 6,044.643 pounds of mo hair shorn In 1B10, which was practically threa-fourths (74.7 per cent) of the pro duction In the entire country In that year. Other statea reporting over 100.000 pounds of mohair for 1019 were as foUows: Ore gon, 3M.6?5 pounds; New Mexico, 309,711 pound; Arlsona, 33T. 020 pounds; Califor nia, 220.179 pounds, and Missouri. 118.083 pound The Oregon eotput of mohair In 1006 was 523,483 pound a Ths number of goats kept for fleeces numbered 2 101,329 on January 1, lOl'O, of which 123,366 were In Oregon. ACSTRAIJAX TIHKEY9 ON MARKET First Shipment From Antipodes to Reach This City. A shipment of froaen turkeys from Aus tralia reached the local market yesterday. Thrs la the first time that turkeys have eoms to Portland from that quarter of ths world. The birds were of good qual ity and large else, some of them weighing 13 to 18 pour da They were offered at 66964 centa Oregon L a good enough turkey state, but It will be ' about two months yet before this year's crop Is of marketable stxs and for this reason the Imported turkeys may find a place In the trade. Llv poultry receipts were Hmlted and the market was firm, especially on heavy hens and spring a Country dressed meats were steady. Fresh Kggs Scarce and Higher. Fresh ranch eggs were Terr scarce yes terday and prices were again advanced. Candled ranch were quoted at 40 cents and selects at 43 centa Storage egge were aetiva at 83940 centa Cube butter waa steady at 43 cents asked for extraa The proportion of top grade la receipts continues smalt Concord Crapes Plentiful. Local Cbncord grapes were more plenti ful en the etreet sad offered at 35o a bas. kst and 9 cents a pound looss. California grapes were unchanged In price. Huckle berries were In fair supply, but moat of therm were of poor quality. Coast cran berries were lower at 83 a bog. rORTLA.N D MARKET QUOTATIONS Grain. Flour, Feed, Etc. Merchants' Kxchange. noon session: -Bld.- Hard white Soft white W hite club Hard winter Northern spring... Ked Walla Oats No. 2 whit feed... Barley Brewing Standard fted Corn No. 2 K. Y. shipment DOMESTIC BONDS HIGHER 1 LIBERTY AXD VICTORY ISSUES REGISTER GAINS. Bept. . 1.13 . 1.12 . 1.12 . 1 14 . 114 . 1.09 Oct. t 1.13 1.12 1.12 1.14 1.14 1.00 Nov. I 1.13 112 1.12 1.14 3.14 1.00 25.00 25.00 23.00 26.00 2J.0O 23.00 26.00 23.00 26 00 2J.O0 2S.00 116 00 2T.50 26.00 No. 3. K. Y. shipment 26.30 FLOL R Family patenta. $7.80 per bar rel; whole wheat, $6 20; graham. $6.00; bakers' hard wheat, $7.23; bakers' blue stem patenta $6.75; valley bakers', $6 00. -MII.l.KKtD Price, f. o. b. mill: Mill run. $21 per ton; rolled barley, $34j36; rolled oata, $36; scratch feed, $49 per ton. CORN Whole, 3B; cracked. $30 per ton. HAY Ruylng price f. o. b. Portland: Alfalfa, $13 per ton; cheat, $1212.50; oat and vetch. $lStj 13.50; clover, $10 10.30; valley timothy, $15913.50; eastern Oregon timothy, $1HQ18 50. Dairy and Country Produce. BUTTER Cubes, extra. 43c per pound; prints parchment wrapped, box lots. 47c; cartons, 48c. Uutterfat. buying prices: No. I grate, 47c, delivered Portland. fcJOH Case count, 83c; candled ranch, 40c; selects, 45c. CHEKSE Tillamook triplets, price to Jobbers, f. o, b. Tillamook, 24c; Young America, 2.5c pound. POULTRY Hens, 1426o lb; springe. 23tf2c; ducks, 23tf 2tc; geese, nominal; turkeys, nominal, POHK Fancy, 16c pound. VEAL fancy. 17tfl7frc per pound. Fruit and Vegetables. FRUITS Valencia oranges, $4 ft 7 50 per box; lemona, $5.3008.00; grapefruit, $511.30 per box; bananas. 88Vsa pound; apples, $1.23l3 box: eantalounea. IlIlH 3.i crate; peaches, 61,25(al.60 box: water melons, lVtt2c pound; prunes, 6c per pound; pears ll.SOijS per box; huckleber ries, 10ol2c Der Daund: rriM II ADA 8.75 perorate: oaaabaa. 2&2c tMr uiund: cranuerrlea, $0 per box. POTATOES Oregon. lUC'Un nr pound; Yakima. 2tf2c pound; sweet pota toes, 4fe4VsC per pound. ONIONS Yellow. 13 4i 3.50 per sack. VEGETABLES Cabuaae. .1 4 cent, ih lettuce, $2.5ou3 crate; carrots, $1,5042.50 per sack; garlic, 15i20c per pound: beets. s-V4.au per dox; cucumbers, 604475c per box; beane, 7ft 8c per pound; gren corn, $2 per sack: celery. TOcbtl.13 per doxen: eggplant, 7 tf 10c pound; tomatoes. OOcfe $1.10 box; green DenoersL tt&loc nnund- cauliflower, $1.732.7 per doxen; pump kins, 3c per pound. ' Staple Groceries, Local jobbing quotations: Sl'OAR (aat-k basis) Cane. renulatd 6.75c pound; beet, 6.50c pound. Mia Walnuts, Manchurian. 20e22c pound: Braxll nuts. is(20c; filberts 1541 18c; almonds. 24(0 27 Wc; peanuts. Slillltc pound. RIt-E Blus Ross, 6c per pound: Janan siyie. .i-ioc per pouna. BEANS Small white. 4 00c; large nite, sue; pink, svnc: I ma. 7Vc: red. He per pound. t OFF EE Roasted, bulk. In drum. 14 stpc per pound. HALT r.ranulated. barrel. 13 204 05 half ground, ton 30. $17.23: 100a 116.25: lump r"rn, so on. HON Ei Comb, new crop, $707 50 per Seise. DKIEO rRIITS Date. 84.23 Der box: flgS, fl.4USAiO per DOX. Hides, Flops, Etc TALLOW No. 1. 8 Vitf 4c: No. 2. 2 O 2 14 c per pouna. CASi'ABA BARK Flvs cents a nnund delivered Portland. HOPS 1021 contracts. 80c per nound: luagies. o.ins.tc; jn.'o crop, 20c. HIDES Fresh cured. 46 4 Vic per pound calf. 11c per pound; kip, 6c per pound. WOOL New clip. Hit 20c per pound. MOHAIR New clip. 16c Der Dound. de livered Portland. Stock Market Strong, Supported by IiOwer Federal Reserve Rate; Sterling Exchange Advances. TCBW YORK. Sept. 22. -Using the lower rediscount rats of the federal reserve bank as a lever bullish Interests dominated the stork merket today. Early advances of 1 to 8 points among ths usual favorites comprising the rails. Industrials and special Issue were can celed at midday by bear drives, but a vigorous rebound at the day's best quota tions accompanied the active finish. Mexican Petroleum was the pivot around which the day's business mainly revolved. After registering a 2-polnt advance and a 2-polnt decline the stock closed at a gain of 2 points. Affiliated stocks were virtually unchanged, but net advances of 1 to 3 points were made by Baldwin A Crucible and United States Steele, Reading and Northern Pacific. Southern Pacific, L'nlted States Rubber. Allied Chemical, Famous Players, and various other un classified Issues. Weakness of several secondary special ties, such as United States Food Products, which established a new low record and further omission of the dividend on Am erican Agricultural Chemical preferred di rected renewed attention to the doubtful financial status of relatively obscure com panies. Sales were 575.000 shares. Contrary to expectations the reduced federal reserve rate exerted no Influence over the open money market. Time quo tations were unaltered and call loans remained fixed at 6 per cent against yes terday's high and low of 6V and 4Vs per cent. Except the Italian rata, which cased lightly, aubstantlal Improvement was shown by ail Important foreign exchanges. Sterling was 3 centa over the week's low and French, Belgian and Dutch bills gained 10 to IS points. Bar silver's further rise again strengthened far eastern ex changes, the Shanghai rate rising 2 centa Domestic rails and some prominent In dustrials and utilities figured in the en larged dealings In the bond market. Lib erty and victory Issues also made ad ditional gains, but the foreign division was featureless. Total sales, par value, exgre gated $15.M)0.ooo. CLOSING STOCK QUOTATION'S. (Furnished by Overbeck A Cooke com pany, Portland.) Fa lea nigo. low. loo do pfd Rep Motors. . Roy Dutch Oil Rv Steel Hnr. ! Saxon Motors. bears Roebuck Shattuck. Aris Shell T A T... Sinclair Sou. Pacific .. Slosa Shef. ... Sou. Ry. do pfd St. L.&S. L. .. Strom. Carb... Studebaker .. Swift A Co Tenn Cop.a-Ch Texaa Oil .... Texas Pad fie . Tex. Pac. C0 Tob Products. Tran. Con. OH Union OH Del, Union Pacific. United Alloy.. United Drug.. United Fd Pr. United Fruit.. Unit Ret. Sirs. U S Ind. Alo V 8 Rubber... do 1st pfd... TJ 8 Smelting. U 8 Steel do pfd. .... Utah Copper.. Ve- Chem. ... do pfd. .... Vanadium StI Vivandou .... Wabash ..... do A pfd. .. do B pfd. .. Wells Fargo .. Western Pac. do pfd. . . . Western Union Westh. A B.. Westh. E & it West. Md White Motors. Wlllys-Overld , do pfd. .... Wilson Pack-. Woolworth. . . . Worth. Pump. WALE .... Mining; Storks at Boston. BOSTON", Sept 21. Closing quotations: Alloues IS Worth Butter... Arts Com 8 Old Dominion... 21 Vi Cal A Aria 47 lOsceola 26 Cal A Hecla....230 Qnlncy 36 Centennial 6 ISuperlor 2i Sup BOS MID 1 IS 3 45 11 ino 2.mo 300 3i0 8.200 20 400 1.000 7700 li.'noi BOO 400 2tW) 87.0O0 4.100 8.21 Ml l.lOO 8.200 l.ono 8IM BOO 600 " 3l0 2 8O0 1.300 4.600 SO) 1O0 19.4O0 MX) poo 2(K . 3nO 2.000 2.000 TOO 9o0 500 300 " 400 200 loo 400 " 471, 46H 46 6.1 S 82 83 2 2 2 69 67 60 . 6Va 6Vi 6i 84 19 1HH 1 ' 78 77ie 78 87 m 20 sn 46S f''4 4614 24 4 2.1 S 23 30 30 V 30 73 73 74 :::. :::: 7 35 84 83"i To 18 invk 68 66 67 7 T 7Vi 18 .17 1T 121 110 121 24 53 55 65 12 10 10 107 loT l6Vi 52 57 62 56i 45 46 48 47 4S 88 86 87 30 30 SO 79 77 " 78 lon 108 ion 40 48 49 20 20 20 7.1 75 75 31 31 81 8 7 7 T 20 20 2" 67 67 67 23 22 22 .... tin 83 82 82 :::: :::: Si a ee 2 eel! 27 31 e e 8 t .... 8 Cop Rg Con Co 83 E Butte Cod M 8 Shannon Franklin 111'tah Cons. Isle Roy cop 18 iwinona .. Lake Copper... 2 (Wolverine Mohawk 48 I Advance Rum do pfd .... Agr Chem ... do pfd . . . . Ajar Rubber.. Alaska Gold.. Alaska Jun . , Allied Chem.. Allls-Chalm.. do pfd Am Beet Sug Am Bosch . . . Am Can Co. do pfd .... Am Car A Fd do pfd .... Am Cot Oil.. do pfd .... Am Drug Syn Am H A L... do pfd .... Am Ics Am Intl Crp Am Linseed.. do pfd .... Am Loco .... do pfd .... Am Saf Rasor Am Ship A O Am Smelter.. do pfd .... Am Steel Fdy Am Sugar ... do pfd .... Am Sumatra. Am Tel A Tel Am Tobacco.. do "B" .... Am Wool . . .. do pfd .... Am W P pfd. Am Zinc .... Anaconda .... Assd oil .... Atchison .... do pfd .... At Coast Line A Oulf W I 1O0 1O0 S.ixio 400 V.60O 1.10O 1O0 500 100 Vooo 4'tO ' 2,566 "'006 IOO 1.41)0 4H0 11H 8.000 2m S.0O0 3.ih 800 300 T.500 200 1.100 ""i'.ioo 21 H) 400 7.0O 34 34 23 V 24 ftsln In Grain Experts. Official figures for exports of cereals POTATOES WANTED A premium psld for fancy, large, smooth stork. Consign at once. Bat lafsctory rsturos guaranteed. For dressed meats ours Is the only place. Cold storage on premlsea TIIF, HAVINAR CO.. IXC. 100 Front St., Portland. Or. Provisions, HAMS All sixes. 33035c: skinned. 80 01c; pirnics, 19c, collage roll, zx. BACON Fancv. 42 it 47c: choice. 29B 4fc; stanoaru, Jtrztc. LARD Pure, tierces, 13o pound: com pressed, tierces. 12c. DRY SALT Backs. 19 9 23c; plates, 18c. Oils. T.rN'SEED Oil Raw, In barrels. 97C; gallon cans, $1.12. Boiled. In barrels. V1H-; 3-gailon cans, $1.14. TURPENTINE In drums, 92c: S-gallon cans, 11. ot. WHITE LEAD 100-pound kegs. 12V4C per pouna. COAL OTL Tank warnna and Iron barrels. 17 c: cases. So 4r 37c. GASOLINE Tank wagon and Iron barrels, 20c; cases. 88 u c BAN FRANCISCO PRODUCE MARKET Prices Current oa Vegetables, Fresh Fruits, Ete at Bay City. BAN FRANCISCO. . Sept 21. Vegetable Squash. 40-pound lug. 0i:ll. IO; pota toes, $2jf3.2.: onions, yellow, $393.23; brown, $3. 25 4 3.50; tomatoes, 6.".cj$l: bell peppers, 3y4; beans. 4''i5c; lima, 76 8c; Italian, 5tttc; carrots. $1 a aaok; Ksir- plant. 83o a pound; corn. tl.30pl.73 a sack; lettuce. $1.23 a crate; celery, t3Qi crate: peas luvnc a pound. Poultry liens. 25032c; young roosters. 20023c: old raosters, lovtnc; young chick- ens., 32vsac; ducks, row.oc; oreasea tur keys 45c; live turkeys. 83450c. Fruit Oranges. Valencia, gjo.z3; lem ons, 4.auo.rf,. a m. s-iwo.ou; ap ples. 3 ana e-iier. ii'.Diw; straw berries, per crate 81 -Oil '1.4.;: raspberries, per drawer. O0y"3c; blackberries, per drawer, 85c G 50c; peaches, small box, 85c0 61.73; cantaloupea, stsndards, $1.252; ponies, i; iiaja, ouwioc; iigs, single layer. 65080c; plums, per crate. $202.75; casabas, per doxen, 50073c; water melons, per pound, . 01c: grapes, per crate, seed less. VOc0$1.2u; others. $1.2502; pears, per box, $34.T5: prunes. per crate. $1,230 2.25; cranberries. 'per box, $4 S3. Receipts Flour. 220 quarters; barley. 7 centals; corn, 1158 centals; potatoes. 2237 sacks: onions. 6340 sacks; hay. 90 tons: hides, 87T bundles; oranges and lemons, boo boxes; livestock, lnoo need. pot Coffee Firmer. NEW YORK. Sept. 22 After opening at an advance of four to eight polnta, cof fee futures reacted slightly, but later firmed up again on reports of a better spot demsnd. December contracts hers ad vanced from 7.53 to T.62 and the market closed at a net advance of 9 to 13 points. Sales were estimated at about 20.000 baga September and October. 7.37; December, 7 62; January, T.70; March, T.67; May, 8.0:1 : July. 8.15. Spot coffee was reported more active and firm, with quotations on the bssls of To for Rio 7s and 10o to llo for Santos 4a Metal Market. KIW YORK. Sept. 22. Copper Steady; electrolytic, spot sad nearby, 12c: later 1212c Tin steady; spot and nearby, 126.T5: futures. 627.23. Iron Steady: No. 2 southern, $190 20. Lead Steady; spot, $4.63. Zinc Quiet; East St. Louis, soot. 14 2C 0 4 25. Antimony Spot. 14,50. . . 2.700 100 T,2nO 200 400 8 4O0 1.700 4O0 1.800 4 no 2O0 1(10 6OO 400 800 1.200. 1.300 1.100 21)0 UK). 4O0 1.8M 300 200 200 16,000 's!ooo 4.200 100 100 8,000 ""500 2.100 200 1.200 2.200 2,700 400 800 2l0 6.900 Baldwin Loco 60,300 do pfd .... Bait A Ohio do pfd .... Beth Stl "B" B R T Butte C A Z. Butte A Sup. Caddo OH ... Calif Packing Calif Tet .... do Pfd . Canadian Pac Cen Leather.. Oerro do Pasco Chandler Mot Chgo A M W.. Chi Ot West.. do pfd .... Chill Cop .... Chlno C M St P do pfd .... Coco Cola ... C A O Colo F A I... Colo So Col Osa A El. Col Graph ... Con Dan Ccna Clgara .. do pfd .... Cont Can .... Cont Candy... Corn Prod . . . do pfd . . . Coaden Oil .. C R I A P... do "A" pfd. do "B" pfd. Crucible do pfd .... Cuba Cane .. do pfd .... Cub Am 8ug. Del A Hud... Dcme Minea.. D A R O do pfd .... Erdl John .. Erie do 1st pfd.. do 2d pfd.. Fam Flayers.. Fed M A 8... do pfd .... Flak Ttre . . . Oaston Wma. Gen Cigars .. Oen Elec .... Oen Motor .. Oien Alden... On Asphalt.. Gcodrlch ..... Goodyear .... Granby Gt No Ore... Gt Nor pfd... Greene Can. . Gulf S SteeL. Kaak Bark.... Houston Oil.. Hupp Motor.. II. cent Inspiration .. Int Ag Corp.. do pfd .... Ir.terboro .... do pfd .... Interstate Cat Int Harv .... do pfd .... Int Merc Mar. do pfd .... Int Nickel ... Int Paper ... Invincible OIL I.'land Oil ... Jewel Tea ... K C South... K C Sou pfd . . Kelly-Spgfld . Kennecott . . Keystone Tire Lacy Steel.... Lee Tire Lehigh Valley Lorlllard Lowe Theaters L A N . . . Mex Pet.. Miami Mid States Oil Mid-vale Steel. M K A T do pfd Mont Power.. Mont Ward... Mo Pac do pfd M St P A 8 8 M M A St L Nat Enamel.. Nat Lead .... Nevada Con.. New Haven. . Norfolk A W. Nova Sco Steel N Y Air Brake N T Central. . Okl Prod ref Ontario Silver Ontario A W.. Otis Steel.... Pac C.as A Elo Pacific OH... 1.900 Psn Amn Pst 15.100 "44 "ii" '27 26 iir" iiovi 'iovi '49 "3:5 "32 23 23 '96 '08 "s 86 "so" 70 70 2 "ei" 8!) 69 43 42 107 100 124 12.1 123 122 4 73 '37 37'" '8.:. 'ih" 811 80 86 86 27 26 68 85 "is' '87 "m "ei" 9 9 4 - 4 112 28 26 411 67 7 16 11 23 26 40 85 63 21 66 4 88 41 T5 26 84 77 111 27 25 42 60 1 16 10 23 25 S 64 64 24 66 4 88 41H T3 ii 83 T7 63 61 19 13 103 19 64 13 19 13 55 200 100 " 2.600 6,800 iiiooo 200 '"ibo "i',266 "ioo 400 600 1.200 200 900 200 i.900 400 "io6 200 " 800 1.6(H) 2.300 400 2,800 10 ; 124 10 42 ' 6(1 SIX ii 76 68 68 60 11 95 33 T'. '2 7 80 101 44 13 48 2 8V4 19 13 101 18 63 13 19 13 61 10 122 10 80 48 HVa ie 38 57 60 11V4 93 33 7 '2 6 78 101 ii 13 47 8 2 1.600 26 23 5,900 40O 1,100 .100 2.0O0 100 "i.466 T.'SOO 2.100 300 600 100 700 1.6O0 300 42 20 77 41 '62 ioi" 'ii" "i 20 304 70 41 19 il 52 "13 . . . e 93 "ii'" "i'" 2 ' 19 38 70 100 36 86 10 15 Vi 73 do "B" Penna Peo Gas Pere M a rq . . . . Philadelp Co. Pure Oil .... Pierce Arrow. Pierce Oil ... Pitta Coal .... Pitts A W Vs.. do pfd Pressed St Car Pullman Ra v Cons .... Reading i Heplogle Steel Kepubuc IAS aoo 2.600 "lOO ""jino 300 2.700 21 83 48 45 89 53 19 29 24 12 6 66 4 6O0 3.300 00 6"0 200 BOO 3.2O0 200 4(8) 100 '"inn 1.800 100 "'inn l,su0 R 92 72 'ii" 10 4 72 20 84 46 4.3 88 62-4X1 18 29 24 11 6 66 58 91 ri" 'ii" Bid 12 3.: 84 61 24 1 44 33 16 28 33 21 78 126 1118 19 43 4 ( 49 55 32 22 45 90 104 3 6 30 70 23 -' Ml 42 lOi 124 123 74 p: 23 8 86 92 80 b6 27 88 6 38 51 64 4 13 10 64 36 72 112 27 2.. 42 66 1 10 10 23 25 89 14 64 24 an 66 4 87 28 68 41 75 104 26 83 77 66 62 80 8 19 13 103 19 1 64 13 19 1S 64 6 22 10 87 123 10 42 49 81 10 16 28 76 21 88 67 62 11 93 83 T 38 1 6 8 80 100 9 44 13 48 8 2 26 61 41 l!t 11 41 25 62 148 13 108 102 20 V 25 1 3 48 18 19 39 T0 9 36 74 10 14 95 24 57 72 1 S 10 9 67 83 47 44 29 62 18 2 24 12 6 68 26 76 57 92 12 72 24 61 Libert? Bond quotations. Liberty bona quotstions furnished by Overbeck A Cooke company of Portland: High. i.ow. close Liberty 8s 88.78 Liberty first 4s 89.48 Liberty second 4s 89.50 Liberty first 4s 89.56 Liberty second 4s ... .80.58 Liberty third 4s 93 46 Liberty fourth 4s ....89.78 Victory 4s 69.26 Victory 3s 99.26 88 20 8I 20 89.38 89.40 8 44 93.20 89.62 99.14 69.18 88.74 89.40 89 30 89.50 90 48 93 84 89.62 99 24 89.24 Swift Co. Stocks. Closing prices for Swift A Co. stocks at Chicago were reported by the Overbeck A Cooke company of Portland as follows: Swift A Co 94 Llbby, McNeil A Llbby 7 National Leather .................. 6 Swift International 22 Money, Silver, T.lr. NEW YORK, Sept. 22. Prime mercan tile paper. 5e6 per cent. Time loans, steady; 60 days. 90 days, 6 per cent: six months. 5 per cent. Call money firm; high, low, ruling rate, offered at and last loan, 5: closing bid, 4; call loans against acceptances, 49 4. Foreign bar silver, 61 e, Mexican dollars, 52 c LONDON, Dec 22. Bar silver. 41 d per ounce. Money. 8 per cent. Discount rates, short bills, 4 per cent; three-months bills, 4 04 per cent. Bar Silver Advances. NEW YORK. Sept. 22. An ad-vanee In the price of bar sliver In London today, due mainly to a continuance of the de mand from China and India, was mat by an advance here to 68 c an ounce. This la an Increase or about 2o rrom yesterday'e lowest quotation, 8c from that of September 15 and 6o over the price quoted three weeks ago. RESERVE RATIO STEADILY GAJXTNG Increase of One-half Per Cent In Week . Reoorted by Federal Board. WASHINGTON. Sept. 22. Combined re sources and liabilities of the 12 federal reserve banks at the close of business Sep tember 21. were reported tonight by the federal reserve board as follows: RESOURCES. Gold and gold certificates. . .$ 428.036,000 Gold settlement fund, federal reserve board 411.210.000 Total rold held by banks. . 839,246,000 Gold with federal reserve agents 1.777.529.000 Gold redemption fund 94.353.000 Total gold reserves 2.711.128.000 Legal tender notes, silver, etc 151.968.000 Total reserves 2.803.096,000 Bills discounted: Secured by MiRtes BnvM-nment obliga tions 4WS.15,nO0 All others b02.ol.ooo Bills bought In open market 33.314.0O0 West Eleo Ts, 1925 101 1 Westlnghouse 7s, 1931 102 I Zurich oa, 1943 401 1 Foreign Bonds. Foreign bond quotations furnished by the Overbeck A Cooke company of Portland: Russian 6s, 1921 .... Russian 6a, 1926 rrencn oa, ixi French 4s. 191T French 6s, 1920 Italian 5s. 1918 British 5a, 1922 British 5s. 1927 British 5s. 1929 British vky 4s British ref 4s Belgium rest 6s Belgium prem 5s German W L 5s ....... Berlin 4s Hamburg 4s Hamburg 4s Leipsig 4s Lelpeig 5s Munich 4s Munich 5s Frankfort 4a .......... Jap 4s Jap first 4s Jap second 4 s Paris 6s U K 5s. 1921 U K 5s. 1022 U K 5s, 1929 ......... U K. 5s, 1037 Bid. Ask. ,. 14 16 .. 4 5 ,. 14 16 ,. 64 65 ,. 44 43 ,. 64 83 ,. 80 31 ,.372 882 ,.868 878 ,.861 871 ..278 288 ,.21 271 . 60 65 ,. 62 70 ,. 6 T . 7 8 . 9 9 .. 8 9 .. 8 10 ,.8 10 .. 8 9 ,.9 11 .. 9 10 . 80 6 ,. 85 83 ,. 85 84 ,. 99 100 ..90 100 ..98 99 ..80 90 .. 89 89 Foreign Exchange. Foreign exchange rates at the close ot business yesterday, furnished by North western .National bank ot Portland. The amount quoted, is the equivalent of the foreign unit in United States funds: Country. Foreign unit. Rate. Austria, kronen 8.0111 Belgium, francs .072 Bulgaria, leva 009 Csecho-Slovakia. kronen 012; Denmark, kroner 178 r.ngland. pound sterling 3 75 Finland, flnmark 0163 r-rance. franca .07: Oermany. marks .oo (-reece, drachmas .051 Holland, guilders 818 Hungary, kronen 002 Italy, lire .04 Jugo-Slavla, kronen 0053 Norway, kroner 1272 foriugal, escudos .1(91 Koumania, lei 0103 Serbia, dinara .0193 paln, pesetas 131 Sweden, kroner I .219 Switzerland, francs 1733 -nina Hongkong, local currency 533 onangnai, laels 73: Japan, yen 4675 Canadian exchange Selling checks on Lanaaa at a discount of 9 per Cent; buy ing checks on Canada at a discount of 10 per cent; buying Canadian currency at a aiscount or 11 per cent. NEW TORK. Sept. 22 Exchanr. firm. siernng aemand, $3.73; cables, 83.73 rrancs, demand 7.10. cables 7.11; Belgian iranca, aemand 7.08, cables 7.08; guild era, demand 31.69, cables 81.73; lire, de mand 4.14, cables 4.15; marks, demand "'i. cables .9.1; Greece, demand 5.05 Sweden, demand 21.73; Norway, demand 12.60; Argentine, demand 30.62; Brazilian. oeoaanu j.i2; Montreal, 9 per cent dia count. - Dried Fruit at New York. NEW YORK. Sept. 22. Evaporated ap Plea, nominal. Prunes. a.lr f.v... Cotton Market. KKW YORK. Sent. 22. rttoit-s UIB AIUU1II1(, 40..1UC 1S4 875.000 8.571.000 Total bl"s on hand 1.42O.T51.0O0 United States, bonds, notes. . as,vsi.uul United States certificates of In debtedness: One year certifi cates (Pittman act) All others - Total earning assets ...... Bank premises Five per cent redemption fund sgainst federal reserve bank notea Uncollected items All other resources 1.652. 278. OOO 29,111.000 8.971.000 891.S11.0IKI 16.448.000 5.161,601,000 1O3.01T.OOO 213.824,000 Total resources Ll-rllL,Ilirs. Capital stock paid in f Surplus n.wrvm( rnr eovernmeni 1 ran - chlse tax 60.TTT.000 Deposits: Government 74.1K3.'Hto Member bank reserve account 1.58.2(W.ooo All others 29.218.000 Total genoslts L691. 610.000 Federal reserve notee In actual circulation s,n.O(.uuu Federal reserve bank notes in circulation not llaouities. . j(m,.:v.v"v Deferred availability items... 603.174.0(H) All other liabilities 20,993.000 Total nihilities 6. 161. 661.000 Ratio of total reserves to deposit and federal reserve note liabilities combined, SU T nee rnL KatlO 01 goin reserves 10 iwirnvi rrMrro notes In circulation a tier setting asiae .50 Der cent against deposit liabilities, 91.8 per ceuL New York Bonds. New York bond quotations fumMhed by Herrln A Rhodes, Inc., of Portlsnd: Am Tel A Tel 6s, 1922 99 Am Tel A Tel 6s. 1924 98 Am Tob 7s, 1923 IOI Anaconda 7s B. 199 95 Anaconda 6s A, 1929 90 Armour cv 7a, 1930 99 Armour 4s. 1930 82 Argentine GI 5s. 194J d Am Ag Chm 7s. 1911 96 Bet Steel 7a 1022 10o Beth Steel 7s. 1D2S 99 Beth Steel Eq 7a 1935 93 Belgium Ext 7s. 1943 102 Belgium 8s. 1925 95 Belgium 8s. 1940 101 Bergen 8s. City of. 1943 100 Berne 8a City of. 1945 101 Braxll 8s, 1941 99 Canadian 5a. 1926 '. 94 Canadian 5s, 1931 91 Can Nat Eq 7a, ius.t Jin Chicago N. W. 7a, 1930 103 C. M. A rt. Y. go ana ri s a, aiis ont Chile 8s. 1941 98 Christlania 8. City of, 194S 101 Copper Exp 8s. 122 101 Copper Exp 6s. 1923 100 Copper Exp 8a 1924 IOI Copper Exp 8s. 1925 102 Cirban Amer Sugar 8s. 1931 99 Con Gaa cv 7a 1923 101 Diamond Match 7s. 1933 104 Denmark 8s. 1943.'. 103 Danish "Van 8s. 1945 ...102 Dupnnt 7s. 1931 99 French ext 8s. 1945 100 French Ts, 1941 95 Grand Trunk 7a. 1940 10 Goodyear 8a l'.)41 103 t'.ulf Oil 7s. 1933..;..'.... 99 Great Northern 7s. 1936 103 Humble Oil 7a 1923 97 Int Rap Tr ref 5s. 1066 54 Int Mar CT 6a 1941 79 Int Kap Tr is, itsi 78 Kennecott 7a. 1930 94 Ubby. McNeil A Llbby 7a 1931 96 Morrla A Co. 7a, 1930 100 Mexican Pete 8a 1936 96 NYC call 7s, 19SO 103 Norway 8a 1910 103 Northwest Tel 7s. 1941 103 Ohio C. O. 7s, 125 14 Pan Amer 7s. 1030 92 Penna 8s, 1936 101 N. P. and G. N. joint 6s, 1936 103 N. P. 6s. 204T ......102 San Paulo 8s, 1936 97 Southwest Tel 7a 1925 97 Swedish govt. 6a 1939 89 tSandard Oil, N. T. 7s, 1931 -.104 Standard Oil of Cal 7a, 1931 104 Swiss 8a 1940 106 Sears Roebuck Ta. 1922 99 Sears Roebuuk Ta. 1933 98 Solvay 8a, 192T 100 Swift A Co. 7a 1925 99 Union Tank 7a 1930 102 U S Rubber 7s. 1930 1I0 Wilson first 6s, liiio.. a2 QUOTATIONS ON DAIBY PRODTCE Market Prices Haling on Butter, Choeei and Eggs, SAN FRANCISCO, Sept 22. Butt Extra, 47c. "a" B,jru oae extra rirata S2o? " puueia, i;o; extra pullets, firsts, 41o underslxed pullets. No. 1. 2-4c. cneese California flat fanre nu e.i, i- -i - - - . ' ....,,. ursi, zvo; xoung Amer NEW YORK, Sept, 22. Butter Weak. er; creamery, higher than extras, 44 t? id IV,"merr . 4o; creamery firsts. F.ggs Firm, unchanged. Cheese Firm, unchanged. ic AGO, Sept. 22. Butter Higher: , Mi, c standards. 28e firsts, 33 41c; second a 800 32c. , Unchanged; receipts, 8779 cases. SEATTLE. Sept. 22 Eggs Select local ranch, white sheila 40c; do. mixed colora 80039c; pullets. 35(2 380. Butter City creamery cubes, 6c; bricks e Naval Stores. BAV.AH'. S'pt- 22. Turpentine " "'nc; sales em; receipts, 602; ship, ments. 8; stock, 7583. Rosin Firm: sales. 98?- ein. vnm stock, is.iiB. quote: B. 64.43: D. 14 .is- E F. 64.60: O. 64.70; H. $4 85; I. $5 05- K. $5.20; M. i.30; N, 3.35; WG, 65.40; WW, Kew Tork Hon Market. NEW YORK. Sept. 22. Hon. ..... 'ew York Sugar Market. NEW YORK. Sept. 22. Raw sn i:i;U- -8S; ""nea. granulated. 19: 1919, Duluth Linseed Market. ij-cu 1 cepi. zz. unseed oa track DAILY METKORO LOGICAL REPORT PORTLAND. Sept. 22 Msxlrnum tem- HeiiM.ie. va uegreea. minimum. 53 degreea issuing, a a. aa., in leer; change I !? Mf ..r"l, i. !oot- Total rainfall (5 " irace; total rainfall since Sept. 1. 1931. 2 76 Inches: normal rainall aince Sept. 1. 1.14 Inches: excess of rainfall slncs Sept. 1, 1921, 1 62 inches. ounnse ot.ie a. 31. ; sunset, 0:00 P. M.; total sunshine. T hours 85 minutes; pos sible sunshine. 12 hours 11 minutea Moon rise. Friday, 10:11 P. M.; moonset, Friday, 12:26 P. M. Barometer (reduced to sea level), 6 P. M., 30.09 Inches. Relative humidity, 6 A. M., 72 per cent; noon, 61 per wot, e oa per ceni. THS WBATHBR. STATIONS. Baker Boise Boston J Calgary .... Chicago .... Denver ..... Des Moines... Eureka Galveston Helena .. Juneaut . Kansas City) Los Angeles Marshfield . Medford .... Minneapolis New Orleans! New York.. North Head! Phoenix ... Pocatello ., Portland .. Roeeiburg . Sacramento St. Louis. . . Salt Lake.. San Diego.. S. Francisco Seattle .... Sltkat ..... Spokane 4.-. Taconia Tatoosh Isd Vsidext Walla Wallaj Washington Winnipeg . . Yakima .. P? 3 3? k ; 2 Wind 46j CC 0.06 181 780.001. ft ero.o 62 60 0.0O. tss rcro.oo 84 0.00 88 0.00 60 0.00' 860.00 660.44 J.VJ.0.SJO 90.0.001 78IO.OO 68 -0.081 680.01 68 0.0OJ 9O'0.0)l Weathsss. NV"!ouJr 12 W W 481 46; 64 52 48: 54 54 76i 52) 80.O.0O 14CW 1W.O.V4 20 94 0.00 48 780. 0O 700. 0 90. OOj rI.OO 860. 0(1 68 0.00 72O.0O'2O 62-0.0OH4B3 15: 600.01 64 0.00 56O.0S 40:t72 0.86 66 64)0.04 641 84O.40. 4(l twu.w Cloudy it-iesr KMoudr io.w auiear 14iSS Pt cloudy .. W fclear 18 N Pt. cloudy luiK ruiear ..IN a Pt. cloudy ,.pa HJiouay . .,S felear .. W fclear NW Cloudy NE Cloudy W Clear 9 Clear toear tcioudr E rCloudy W KClear sw kjioudy .N ft. cloudy S (Clear 9W IClear -NW Clear 10 tew w 26, S W SW WW w 46 72;o.0O..SW ICIoudy KTIear IClear (Cloudy Cloudy jiouny Cloudy Rain (Clear Clear Clear t A. M. today. IP. M. report preceddng day. FORECASTS. Portland and Tlclnlty Fair; westerly wlnda Oregon Fair: gentle westerly wlnda Washington Fair, except rain near the coast; moderate aouohwestsrly wlnda TJadlatora, to Reorganize. EUGEKE. OrM Sept, 22. (Special.) The Eugene Radiators, marching; body of the chamber of commerce, will be reorganized at a banquet and reception for the members and their families to be held In the near future. The Radiators were Invited to visit the state' fair in a body next week, but the invitation was declined for the reason that the ranks of the or ganization are badly depleted. In order to obtain an auto license n Spain a married woman must have the approval of her husband. In ad dition to a certificate of g-ood con duct from the mayor and evidence of the ability to read, write, hear, see and general rood health, besides the approval of an Inspector concerning; the mechanical abiliti to drive. WHEAT MET RALLIES REVIVAL TS EXPORT BUSINESS IS INDICATED. Quality of "Wheat In Spring Grain Belt Injured by Rain; Corn and Oats Higher, CHICAGO, tfept 22. flomethinff of re vival In export bujirjM helped to rive what price an upward turn today. The market closed firm. 1 to c net higher, with December 123V1.:6. and -May vl.intol..'il.. -Corn rained V to fee and oata a shade to He. In provision, the outcome varied from. 1-c decline to 10 aa vance. At flntt wheat had a downward slant. twine UxR-ety to evidence that there waa no present stringency of supplies, even though exhaustion of s toe Its might come later. Bearish sentiment, however, lost It hold when word panned that export inter ests had taken 4OO.OU0 bushels of hard winter wheat to be shipped by way of the Gulf of Mexico. Other sale to Europe were noted later, but the quantities were withheld. ATeanwhlle, crop damage ad vices from the northwest counted some what aa a bulllah factor, erosnip being; cur rent that aa a result of two weeks' rain i large amount of wheat had been rendered unfit for milling. Belief In some quarters that a rally was ever due tended also to stimulate the up ward swing; of values, especially at the fininh. Corn rose with wheat and In consequence of crop damage reports from Iowa, Oat followed corn. Provisions averaged lower, reflecting de cline ln the hog market. The small pack era were sellers of nearby deliveries of lard. The Chicago irraln letter, reeelTed yes terday by the Overbeck & Cooke company of Portland, follows: "Wheat Belling pressure was less con splcuotia than for several day and the market had a sold -out appearance. The news was likewise more favorable to higher prtces than for some time, all markets reporting the beat milling demand of the season, whsle the seaboard aald exporters were showing more Interest and later con firmed . bushels ax having been worked for export. "Home complaint was heard aa to the quality of Manitoba on account of recent heavy rain. The new today certainly did not bear out the theory that Europe hai enough wheat on hand and bought fur de ferred shipment to satisfy their require ments for some time. "One prominent authority made the statement that they will continue, to take our wheat and we are Inclined to coincide with these views. We believe the pressure t off the market for the time being and that higher prices will be seen. "Corn This market showed a murh !m proved tone and responded readily to buying by leading Int e res La and by outside Investors. "The latter demand was undoubtedly stimulated to a considerable extent by the evidence of a decreased movement and s continued active demand for day-to-day of ferings. "The seaboard failed to confirm anv business for export but It waa intimated that a rood business 1 ant to develoo with the Oulf In the very near future. Oats Held firm on a small volume of trade. As In wheat, the selling of which bas been conspicuous for several day was not In evidence. Vessel room was taken for 1500.000 bushels for winter storage at Buffalo. It seems to us that there should be a minimum of risk In making purchases of oais ii present levels. Kye futures were dull and rather easv. he buying being confined to small lota bv seaboard interests. Cash ry was easy at aepiemoer price for jo. 2 on track." i-eaOing futures ranged as follows: WHEAT. Open. High. . $1.2414 $l.2d . X.27H 1.2l4 CORN. .S3 .62 H .66 OATS. Dec 87S .87 May 41 .42 PORK. Port of Port and 5-year 6's at 101.50 The direct tax obligation of 90 of Multnomah County. Assessed valuation of $329,413,470. Net debt only $1, 396,618, less than V. Do you know another bond on the market that has such enormous security? Dated July 1, 1921. Due July 1, 1926. Interest dates Jan. 1 and July 1. Denominations $500 and $1000. We have these bonds ready for delivery. Wire orders "col lect." Call, phone or write for circular. Freeman, Smith & Camp Co. SOUND SXOOB LUMBIRMCNS BUILOINfl PirTH AND STARK was 1740 el L -T . 1 1 a . rv o a 3tcli OS!TLNS an rsanciscs) . isi RECOMMENDED! When a concern such as F. N. Clark & COM PANY, known favorabJy to leading banks of the Pacific Coast for integrity and honest dealing, recommends certain investments, those investments can be accepted as both sound and profitable. So in stating that we know of and recom mend an investment opportunity that pays divi dends of 1 0 per cent yearly or 2Yi per cent quar terly, it is certainly a proposition that commands your attention. There is nothing to be gained by waiting. Come in today. ENCLAREAND COMPANY: San Francisco Investment Securities WILCOX BLOC PORTLAND Tacoms Spokana Wstls Walls Dec. May.. Dec. Mar Ixiw. Close. $1.24 11.2.-, 1:27 hi 1.21) Vi .81 .IWH .S7H .T .414 .41 Sept.. Oct.. Jan.. . m on B.u5 LARD. 11 OS 6.07 H.47 18.50 11.03 Oct. Jan T.T0 8.22 SHORT RIBS. T.5.1 7.70 T.SS (.IS 8.23 8 1 J Cash vrlces were as follows: Wheat No. 2 red. 1.2o: 2?o. 2 hard. 1.22 1.23. corn No. 2 mixed. S3 053 Vic: No. 2 yel low. 53V4 MVe. oats No. 2 whits. 3837c: No. S white. 34 O 30c. Hye No. 2 nominal. Barley 67c Timothy seed $4 8 4 60. Cloverseed I2tflS. Pora Nominal. Lard 110.95. Enort ribs I7.TS99.2S. Minneapolis Grain Market. MINNEAPOLIS. Bept. 22. Barley 42 8 58c Flax. No. 1. I1.VU02.O2. Grain at San Francises. SAJf FRANCISCO. -Sept. 22. Oratn Wheat, mllilm. I2&2.10; fred. fl.85s2 18; barley, reed. 11.17V V1.Z3; ship pine 11.27 Va 1.85; oata red feed. 11.4301.60,' oorn, whke Etyptiaa, 81.75tl.b5: red atllo. U.7O01.8O. Hay Wheat. No. 1. 113018; fair. 118 16; tarns oat. I12&1J; wild oat, $104 12; alfaUs, 812614; stock, a10; straw, nominal. Seattle Grain Market. SEATTLE, dept. 22. Wheat Hard white, soft whit., white club, hard red winter, 81.12: soft red winter. 81.11: north ern spring. 81.17; eastern red Walla, 81-10; biff bend bluestem. 81.21. City delivery: Feed Com Wnols yel low, 837; cracked corn. 839; corn feed meal, 839; barley, whole feed, 835; rolled barley, 3; rround barley, $3t: clipped barley, 840; oats, whole feed, tM; rolled oata, 838; rround oata. 83S; sproutloff oats. $43; wheat, recleaned feed. $44; all trraln chop. 837; chick feed. $06: chick mash. $53; srowlnff mash, $51; err mash. No. B. M-, $4o; acratcn zeea, $4n; wneat mixed feed, 824; cocoanut meal, 827; cottonseed meal, 841; linseed oil meal, 848; soya bean meal, $.'; hay, alfalfa. No. 1. 819: mixed Sound Security and demonstrated earning power make up the ideal investment. The efficient and experienced organiza tion of the Bond Department of this bank, with its facilities for research, is well qual ified to judge and choose sound and profit able securities. Such is the character of the investments which we offer to the careful investor. BOND DEPARTMENT Open 8i30 to S. Saturdays, 8i30 to X BfflK R Oldest in the Northwest Washington at Third M m mifii nriassf- ass a at aV. A hay. No. 1, 821; timothy. No. 1. 826; straw, 8U. Hon so Moved to Well. QTJ1NABT. Or., Sept. 12. (Speclsl.) For the past year Edward Matthes of Claxtar has Deen trying to find a way of getting; his water supply near his house, which waa across the field from his well. Monday he solved the problem by yoklnir up tha stump puller to his residence, and hitching on the farm team. A day's travel landed the house just five feet from the pump handle, without so much as Interfering with the cooking of dinner In ths kitchen. v FOR 20 YEARS $54,000 City of BROWNING, MONTANA 6 fo GENERAL OBLIGATIOiN WATER BONDS Dated July 1. 1911. rae July 1, 141. optional jsiy i. in.. Denomination $500.00 PrlnrJnal anrt semi-annual Interest Tn 1st and Julr 1st. navable at tha office of the City Treasurer at Brown ing. Montana, or at tne iiscai agency of the State of Montana in New Tork City. Financial Statement Assessed valuation, 1811... 8 875,nno Actual value (est.) 81.000,000 Bonded dent, uus is sue only IflO.Wte Tesa water bonds. .. .160,000 Net debt..: NONE Rrownlnt. Montana. Is a prosperous and progressive city In the heart of the Irrigated area on the Q. N. Rail road. Estimated population iztru. INCOME TAX EXEMPT Price 86.98 and Interest f called at optional date these bonds will yield nearly 8. JOHNSTON-HATTREM CO. Investment Securities Yeon Building Mala eA4. 1 Portland is one of the wealthiest cities per capita in America. The entire faith and credit of city secures these 5-yr. 6 Gold Bonds Port of Portland PRICE 101.50 Den. $1000 Income tax exempt. LUMBERMENS fkt7S3n!Axnr -BANK Broadway and Oak WE OWN AXD OFFER PORT OF PORTLAND 5-Year 6 Gold Bonds Dated Jnly 1. 1921 Denomination J 5 00, $1000 Frlee 101.RO and Interest Income, Tax Exempt Western Bond & Mortgage Co. 80 Fonrth Street, t.'roond Floor, Board of Trade Illda:. Fhone Main 113 Portland, Or. J Free to Investors How to Figure Margin Fully explains marginal trading, equities, short sales, odd lots, etc Write for D-2 . Edwin E. Kohn & Co. Memher of Consolidated I Stock Exchange of New Vork I 55 Broadway, N. Y. I EASY TO REMEMBER! Three Importsnt things to remem ber are, first, that General Goethals, of Pannma Canal fame, said: 'W'r-renlte-Bttullthlo Is the best road construction In use. and you may tell that to anyone you please"; second, that any bonding company will not hesitate to Issue bonds guaranteeing Warrenlte-Bttullthic tor at least five years against cracks, disintegration or other de fects; Bnd, third, that over fiO.OOO. 000 yards have been laid and gen erally has proven satisfactory In point of actual service and mini mum cost. Cascara Bark Bides, Wool, Pelts, Mohair. We Are in the Market. Write for Prices and 6nlppin( Tata PORTLAND It TDK WOOf. CO., GKOIU.K M. SULLIVAN, llanaltsr. 101 t'nlon Asa. N., Portland, Or. HERRIN & RHODES, Inc. Established 1808L j BROKERS Kssr Tork P forks. Bonds. Grain, Cotton. Private Mires. Members Chieaca Hoard of Trade. , 101-8 Railway Eichanajs Bids. ; Ssiasawae aula 2o8-2a 'fcl 4