TIIE 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