21
TIIE MORXIXG OREGONIAX, SATURDAY, : OCTOBER 1, 1921
HEM PRODUCTl
OF LIBER SLATED
Great Activity in Next Five
Years Held Certain.
CONSTRUCTION ERA IS ON
Largo Quantities of Oregon Slate-
rlals Needed for Repair of
Railroad Equipment.
Oregon within the nert Ave years
will experience the greatest produc
tion of lumber ever known to the
state, according to the belief not only
of men engaged In the business of
lfffging and marketing lumber, but
bankers who aid In the financing.
The entry of the Charles Keith In
terests. the Long-Bell Lumber com
pany and the Miami corporation Into
me Oregon forests for the purpose
of operation Is held as only a fore
runner to what will follow.
Building conditions throughout the
nation showed a decided Improvement
during the month of August over
those of the same month of 1920. In
survey of 152 cities of the United
States It was found that $153,000,000
worth of building was done during
the month, or 40 per cent more than
was done during the same month of
last year. August showed an Increase
of 5.8 per cent In building over the
. month of July.
Building Activity Begins.
During the war building of all
kinds was at & standstill and since
the war. due to high cost of materials,
high freight rates, high costs of la
bor and the unstable condition of the
money market little building has been
done. Now that there Is & better
financial condition and the other fac
tors that caused business men to hesi
tate have been more or less adjusted,
the building business has started.
The country Is held to be five years
behind in building and to bring about
the construction to bring conditions
to normal a great demand for lum
ber is slated to come.
Boxcar Nerd Repair.
Railroads under government control
did little to repair their freight cars
aid to lay new ties. A survey of
railroad conditions shows that 200,000
boxcars .are now in a poor state of
repair and that thousands of new
cars are needed. In addition to this
It is estimated that 40,000,000 ties will
be needed to put the roads In depend
able condition. Kach tie contains 42
board feet and the entire tie require
ment of timber would amount to
2.400,000,000 feet or approximately the
amount contained In the 27,000 acre
tract recetujy purchased by the Cen
tral Coal & Coke company of Kansas
City from the Oregon American Lum
ber company.
During normal times the lumber
companies of Oregon sold practically
40 per cent of their products to the
railroads. Due to financial condi
tions the railroads have been unable
to buy and mills have suffered.
Lumbermen of Portland etate that
If the railroads are successful in their
attempt to obtain financial aid from
the government there win be a great
demand for ties and lumber necessary
for the construction of new boxcars
and for the repair of those now on
the sidetracks In an unservlcable condition.
finds the Hood River valley apple har
vest In full swing. Growers In all
sections have begun picking. In most
Instances, following the picking of
such varieties as Winter Bananas,
Jonathans and Ortleys grown in
quantities small In comparison with
the two main commercial apple of
this valley, Newtowns and Spitzen
burgs, growers turn their crew of
pickers Into their Newtown trees.
Spitzenburgs are usually left as long
as possible to gain much color.
But the early frosts of two weeks
,ago have already resulted In an un
usual coloring of red varieties of ap
ples this year, and even Newtowns
will carry a larger percentage of yel
low blushes on their cheeks than or
dinarily. Indeed, old-time growers
say they have never seen handsomer
apples than are being taken from the
trees now.
The Spitzenburgs of the Hood River
valley are all premium apples this sea
son," declared H. . Davidson, follow
ing an inspection of . his orchard
tracts.
EFFORTS IDE TO
BEAR
MARKET
Reselling and Rejections Have
Little Effect So Far.
CONTRACTS ARE TAKEN IN
FEEDER HOGS ARE ACTIVE
STEADY PRICES RULE AT
NORTH PORTLAND YARDS.
No Sheep or Lambs Offered During
Day Trading In Cattle Di
vision Quiet.
Ths livestock market was featureless
yesterday. Only three loads arrived by
rail and there were no change In price
In any line. A considerable portion of the
hoc offerings were feeders, which sold
readily at steady price. The cattle mar
ket wu quiet and no sheep or lambs were
on mult.
Kecelpts for the day were S34 hogs.
Tha dav'. .ale. were as follows:
wgl. trice.
227 $ 9.73
11' 1 10.23
Wst Price.
1 steer.. 800 $ 4.7
1 steer. . OliO 4 60
2 cows.. 93 ! 75
1 cow. . 1)40 12)
2 cow.. 9H0 2 25
2 cow... DUO 2 SO
1 hog. . . 70 11.00
46 hogs.. 83 11.00
10 hogs.. 141 11.13
11 horn. . 143 11.13
82hoK... HI 11.001
3Nog. . 846 .S0
213
88
200
4!5
IMS
84
170
87
84
88
Price quoted at the Portland
stockyard wer a follow:
10 bogs.
76 hog.
2 hos.
14 hog.
1 hog. . .
2 hog.
128 hog.
S3 hog.
1 hog . .
101 hog.
11.00
11.00
11 00
6.23
10.73
11.00
10.75
11.00
11.00
11.00
Union
LOAN FUND IS LIMITED
Smokers May Be Excluded From
Getting Money at University.
UNIVERSITY OF OREGON. Eugene.
Sept. 30. (Special.) Loans from the
student loan fund may in the future
be limited to non-smokers, according
to Dr. John Straub, dean of men.
"The amount of money spent by the
average smoker during a school year
is 50 or better, and it is felt that if a
student really needs help, he could
eliminate this Item of expense," said
Dean Straub.
The student loan fund has1 dwindle
to less than $00 and loans this year
must be for small amounts and for a
short time, said Dean Straub. The
fund was started about 15 years ago
fcy a gift of $200. increasing through
gifts and interest to $8000 at one
time. The money1 Is loaned to stu
dents -who can show they are self
reliant and whose notes can be In
dorsed by two property holders. A
senior Is allowed any amount up to
8200, while the quota for a freshman
is $50. The borrower Is generally
given one year in which to pay back
the money.
TIMBER CAMP LOCATED
Long-Bell Company Establishes
Base for 300 Loggers.
CHEHALIS, Wash., Sept. SO. (Spe
cial.) The Long-Bell Lumber com
pany, whose recent extensive pur
chases of Washington and Oregon
timber holdings have Indicated large
operations by that concern, has es
tablished a camp at Wlldwood, 18
miles southwest of Chehalis, where
JO0 men are making their headquar
ters. The company has very extensive
holding in southwestern Lewis coun
ty and It Is planned to make a com
plete crutse of the timber, map the
topography of the country and ob
tain all data necessary to enable
operations to be carried on mos
economically and effectively when
operations actually begin. Included
in the holdings of the Long-Bell com
pany in Lewis county is some of th-
finest virgin timber to be found It
the Pacific northwest
RATE WAR IS CONTINUED
Oregon Electric Extends Reduced
I'ares Another Month.
Special, dally and week-end fares,
effective through the summer, have
been continued temporarily In effect
by the Oregon Electric railroad to
Salem. Woodburn and points on the
Forest Grove branch. The rates were
to have expired yesterday. The ex
tension is for one month. There Is
' a report that very low rates will be
made during that period as a con
tinuation of the rate war. .
Yesterday was the last day of very
low rates on the Astoria division.
The rates today have been raised
from 11 to $3 for the trip to Astoria.
This new rate will be 20 per cent
under the rate in effect before the
rate war was started.
Choice aLeer
Medium to good steer
hair to medium ateer
Common to fair steers
Choice feeder
Fair to good feeder.
Cholc. cows and heifer.
Medium to good cow, heifer.
Pair to medium cowa, h.lfera.
Canners
Dull
Choice dairy calve
Prime light calve
.Vadium light calves
Heavy calves . r.
Hogs
Prime light
Smooth, heavy, 230 to 800 lb.
Smooth heavy, SOO lb, up....
rtougn heavy
...I 5 MI'S 8 83
930O O.AO
4 3U0 5 30
B.Ti'fli 4.30
4 231 4.73
! 2.Vf 4.23
4 309 4 75
tWU 4 50
a ooi 4 00
1.23W 2.23
2 Stiff 8.25
lo.&o'&i n.oo
lo.oo r 10 oo
7.00 10.00
6.5u 7.00
10.30 11. 00
9.00.10.00
8 00' 9.00
0.00 'if s.oo
Pat pig 10.804i 11.00
Feeder pig
Stags
bheep
East-of-mountaln lambs.
Hest valley lambs
Pair to good
Cull lamb
Eastern Oregon feeders.
Feeder lamb
Light yearling
Heavy yearling
Light wether
Heavy wethers
Ewe
io mi 'all. oo
4.001 7.00
6 00 6 50
t (Hli) 6 23
0 0ttU 6 30
1.60 W 100
4. 30 '01 3 00
l.SOftf . 00
4.OO0 4.30
2.30'i 8.00
3 .30 0 4 00
2.0O 2 SO
1.004 a.uo
Chicago Livestock Market.
CHICAGO, Sept. 30. United States Bu
reau of Market. ) Cattle Kecelpts. 2OO0
head. De.lrable corn-fed steer scarce and
strong, some sales higher; top. $9.20;
weight 1400 pound, no choice yearling or
ctroice handyweighta here; all other cla.se
generally steady with ahe stock and veal
calve allghtly mor active than yesterday.
Hog Kecelpts. 19.000 head. Fairly
active, 10c to 13c higher than yesterday's
average; top, $S.30; bulk light and light
butcher. SH6'tt.23; bulk packing sows,
f 0.406X3: piga, 23c higher; bulk desir
able, t.23i37.au.
Sheep Receipts, 14,000 head, including
11.000 packera direct. 'Few on sale going
mostly ateady; top native fat lambs, $8.73;
bulk. $H98.25; cull., (335.50; not enough
fat sheep and feeder lamb to test market.
Kansas City Livestock Market.
KANSAS CITy. Mo., Sept. 80. (United
Stale Bureau of Market. ) Cattle Re
ceipts 1300 head. Quality poor; all
classes slow and steady; practically noth
ing doing on stocker. and feeders; year
lings. 13.30; other fed steers, $7.10i&8.23;
graver.. M. 15(0 5.75. mostly I4.50&5.85;
common to medium cow., $3. 50(0' 4.23;
moat cutters, S3&3.25; heavy Texas calves,
13.75.
Hog Recelpta 1300. very uneven,. aver
aging around steady with yesterday's gen
eral trade; bulk 175 to 210-pound hogs
to packers and shippers. $7.60(g)7.75: bulk
of sales, $6.75 7.70; packing sows steady,
mostly $U&6.25: stock pigs steady; 130
pound weights. $8.10.
Sheep Receipts, 4000 hesd. Sheep
steady; lamhs weak to 25o lower; top
westerns, $8.33.
Omaha Livestock Market.
OMAHA, Sept. 30. (United States Bu
reau of Markets.) Hogs Receipts, 6000
head. Slow, steady to 10c lower; bulk
medium and light, $7. 25 3 7.73; top, $8;
bulk packing sows, $6&6.35.
Cattle Receipts. 1300 head. Beef steers
steady; top yearlings, $10.50; ahe atock
and bulls, steady to weak; stockers and
feeders strong.
Sheep Recelpta 2500 head. All clssses
strong, no choice western lambs here; best,
$7.40; wes, top. $4.23.
Sent tie Livestock Market.
SEATTLE, Sept. 30. Cattle and hogs
steady, no receipts, quotations unchanged.
APPLE HARVEST BEGINS
Karly FrosM of Rood River Valley
Give Fruit Color.
HOOD RIVER, Or., Sept. 30. (Spe
cial) The last day ot September
Cowlitz Budget $240,000.
KELSO, Wash.. SepL SO (Special.)
A total of $240,000 will be raised by
Cowlitz county for road work during
1922. according to the budget esti
mates made by the board of county
commissioners, which holds its hear
ing next week. By funds money will
be raised as follows: Road and
bridge, $76,000; district 1, $40,000; dis
trict 2, $28,000; district S, $82,000; dis
trict 6. $6000; district 6, $6,000. In
addition the state of Washington will
spend large sums of money In this
county next year. State taxes will
be levied In Cowlitz county to the
total amount of $251,000. The county
school tax will be $40,100. For cur
rent expenses $110,000 is provided In
the budget, of which $89,000 must be
raised by taxation. The sum of $25.
000 Is provided for bond redemption.
Businesa Properties Sold.
MEDFORD," Or., Sept. 30. (Spe
cial.) Important deals In local busi
ness property in the heart of the busi
ness district have Just been announced
whereby J. F. Hale obtains possession
nf the three-storv Anlcini hiillHinv
corner of East Main street and Central
avenue, and the two-story Stewart
building, corner Main and Bartlett
streets, both brick structures. The
consideration was not made known.
The new owner will remodel both
structures and make them thoroughly
up to date.
Cement Paring Completed.
GASTON, Or., SepL 30 (Special.)
The last stretch of cement pavement
between Gaston and McMinnville was
completed today and will be ready for
traffic In 40 days. The piece that Is
paved Is an 840-foot fill Just south of
Gaston, where there has been a wooden
bridge over an arm of Wapato lake.
The detour parallel with the pave
ment Just alongside Is very good, a
planked roadway having been con
structed the entire length.
Water Bonds to Be Sold.
WALLA WALLA, Wash., Sept. 30.
(Special.) The city has fixed Octo
ber 25 as the day for receiving bids
for the $500,000 issue of water bonds.
The bonds draw 6 per cent. The
money Is to be used to better the
water system.
Shortage Throughout World Ex
pected Ultimately to Restore
Values Supply Xow Lacking.
.
The hop market Is quiet and prices are
somewhat lower than a week ago. Efforts
are being made to depress the market, as
is frequently the eas during the period
when contracts are being taken in. An
uncertain and Irregular course of prices
Is therefore expected for another month.
The largest buyer of contracts bought
them at 25 cents with a guarantee of a
quarter to a half of any advanc over this
price, giving the growers until October
SI to make deliveries. Any recession from
the 30-cent quotation lately current would
accordingly work to the advantage of the
buyer, which probably explain some of the
steps taken to bear the market. These
steps have been In the nature of re
selling. Other buyer have rejected a number of
lots and this ha naturally had soma effect
on th grower. It 1 to be regretted that
anyone has considered It necessary to re
ject purchases in a year like this. After
all that has been said and dons to Induce
th farmers to tura out a superior grade
of hops, hair-splitting on the question of
quality Is likely to make growers Indif
ferent when they harvest th next crop.
The Oregon hop farmer have shown this
year what they could do by putting on
the market not only the best crop of hops
raised .on the Pacific coast, but also the
best that Oregon ha produced In many
years. It would seem that their efforts
should be encouraged rather than have ob
stacles placed in their wsy.
Regardless of the tactics of dealers the
market situation Is not altered. The world
has produced an unusually short crop and
this shortag will be felt when buying ac
tually begin. Th best hops in th United
States art here In Oregon and there are
only 5000 to 6000 bale free to be mar
keted. For this reason the grower, who
have studied the situation are not worry
ing. The market Just at present lacks support
and is weak, but when th English de
mand opens up there should be another
story to tell. Prices much higher than
have been seen so far this season are pos
sible. . '
WHEAT BIDS REDUCED ON"E CENT
Export Trade Subside and Other Bayers
Are Inactive.
All grades and deliveries of wheat were
one cent lower on bid at the Merchants'
Exchange. Trading was restricted. Most
of the exporters reported they were out
of the market and as a number of cargoes
are still unsold, it Is a question when ex
port business will be resumed. Foreigners
might be Interested at $1.05 here, but that
is several cents below the price at which
wheat could b bought.
The coarse grain market was also slow.
October and November white oats were $1
higher, while gray oats and barley were
unchanged. There was no demand for
corn.
Receipts of grain, flour and hay at
Portland in carloads In September of this
and last year compare as follows:- -
Sept. Sept.
1121 lH-'O
... 5234 2120
... 168 SO
31 23
.... 22 28
... 141 172
Curtis, spring
of prices with more demand for hens than
for springs.
Country dressed meats were slow and
weak.
WILLAMETTE
PRUNES
LARGE
New Crop of Fruit Grades High In Size
and quality.
Results of th first day's operation In
grading the new crop of prunes show they
are running very strongly to the largest
sizes this season.
Th grading work has Just been started
by the Oregon Growers" Co-operative as
sociation at Sarem. A careful checking oi
the day' run, with nearly eight ton of
prune graded, showed that nearly 73 per
cent of them wer in 30-4OS, more than
23 per cent were 40-50 and barely 1 per
cent were in the 50-00 class.
Th prunes are pushing the upper llmltf
of the grades and many of the test show
that they ran more nearly 30-35S than
30-40. A few of the prune are grading
In the 20-30 class.
The first lot run through wss 85 per
cent 30-40., with nearly all th rest in th
40-30 class.
The early grading work may be taken
as a good indication of the way that th
prune of the entire Willamette valley
will be run this season and although the
yield will be light th large-sized prunes
are expected to bring good returns to th
grower.
The Washington Grower Packing cor
poration report that 00 per cent oi it
pack will be 30-40 and that 23 per cent
will be 40-50. It may be difficult tc
supply the demand for small-sized prunes
this year.
Bank Clearings.
Bank clearings of tbe northwestern cities
yesterday wer a Xolowa;
Clearings.
Portland tS.TOS.OSi
Seattle 4.S91.6M4
Taconia 379,927
Spokan 1.094.6o7
111! STOCKS Fill
OILS AND INDUSTRIALS ARE
UNDER PRESSURE.
Balances.
$1,092,330
91.750
778.020
Portland bank clearinfrs In September of
tnis and former years were:
121
120
1919
1918
H17
1018
1015
1014
1913 ,
1012
.$141,181,400
. 1S0.340.491
. 171.405.240
. 12S.334.3H8
. 06.743,788
. 08.833.037
. 40.475,703
. 48.423.805
. f4, 837. 8118
. 61,881,344
PORTLAND MARKET QUOTATION'S
Grain, Flour. Feed, Etc.
Merchants' Exchange, noon session
Bid
Wheat SeDt. Oct.
Hard white
Wheat
Oats
Barley
Flour
Hay
According to Clement
wheat production Is estimated at 109,000,
000 bushels, ss against the government
estimate of September 8 of 213.000.000
bushels; winter wheat at o43.0O0.000 bush
els, against- the government figures of
544,000,000 bushels; corn at 3.187,000,000
bushels, against 8.188,000,000 bushels, and
oats at 1,086,000,000 bushels, against 1,000,
000.000 bushels.
Houston says In a dispatch from Kansas
City: "Every crop this year has fallen
down in the final outturn. Corn seems
likely to do the same thing. I am In
clined to think corn will be three to four
hundred million below the government es
timate." Clearances this week from North Amer
ica were 7,000,000 bushels wheat and flour
and 3,000.000 bushels corn.
Argentine shipments this week: Wheat,
140,000 bushels, versus 400.000 bushels:
corn, 1,694,000 bushels versus 4.020.000
bushels; oats, none versus 34,000 bushels.
The Argentine visible wheat. Is 2,220.000
bushels versus 565,000 bushels.
Weather In India la fine and crop pros
pect much improved.
Terminal receipt. In cars, were reported
by the Merchants' Exchange as follow.:
Wheat.Barley.Flour.Oats.Hay
Portland. FrL. 167
Year ago 49
Season to date.11270
Vear ago 40.58
Tacoma Thnrs. 104
Year ago 52
Season to date. 3W11
Year ago 1473
Seattle Thur... 25
Yesr ago 18
Season to date. 2319
Yea rago 1182
4
96
61
70
25
65
80
S
1
626
160
6
2
J99
228
18
2
877
96
2
8 67
182
St
49
"a
174
71
1
5
870
382
2
4
164
267
S
6
431
655
LOCAL RECEIPTS OF APPLES LARGE
Prices en All Varieties Holding Steady
With Fair Demand.
Apple are coming on the market rather
freely and more of the shipment are be
ing consigned than heretofore. The de
mand is moderate and price are holding
steady.
Few carlot sales were reported at ship
ping points, the latest being a follows:
Wenatchee, medium to large Jonathana,
extra fancy. $2; fancy. 11.75; Yakima
valley medium to large Jonathans, extra
fancy, $2; fancy, $1.75; C grade, $1.60;
other northwestern districts, Romes, me
dium to large, extra fancy, $1.7601.83.
The eastern markets ranged in tone
from steady to silghtly weaker. At New
York northwestern boxed fruit sold to Job
bers at tbe following prices: Jonathans,
extra fancy, targe. $4.2584.60; few high
as $."; medium. $3.6004; small, $3.2693.50;
fancy Large, $3.4033.75: few, $4; email to
medium. $2.75 3.23; C grade, small to
medium, $2.6503. Winter Bananas, extra
fancy, large, $404.25; medium, $.1.50 0 3.73;
fancy medium to large, $3.25 0 3.76; C
grade, large, $3 0 3.25; few, $3.50; small
to medium. $2.65 0 2.90. King Davids, ex
tra fancy, large, $3.2503.50; few $4; me
dium to large. $2.9503; fancy small. $2.65;
C grade, .mall, $2.40.
At Minneapolis medium to large extra
fancy Jonathans brought $3.5003.73 and
C grade. $303.25. Delicious, extra fancy,
$4.75, and C grade, $404.23. Wealthy., ex
tra fancy! $3 and C grade. $2.50.
"
CREAMERIES ARE AFTER BUTTER
Higher Prices Offered Than City Buyers
WU1 Pay.
The butter market was firm with a lim
ited supply of eubes offered and only a
very small proportion of these were top
grade. A feature of the situation was the
demand from country creameries which
were willing to pay more than tha city
buyer would offer for extra. All signs
apparently point to a higher market.
Fresh eggs continued scarce and dealers
found no difficulty in obtaining the full
prices quoted.
Poultry held within th previous rang
Nov.
t 1.10 $ 1.10 $ 1.10
Soft white 1.09 1.09 1.09
White club 1.09 1.09 1.09
Hard winter 1.11 1.11 1.11
Northern spring .... 1.10 1.10 1.10
Ked Walla 1.00 1.06 1.06
oats
No. 2 white feed.... 23.00 26 00 26.00
No. 2 gray 24.00 24.00 24.00
Barley
Brewing 26.00 27.00 27.00
Standard feed 24.00 5.00 25.00
FLOUR Family patents, $7.80 per bar
rel; whol wheat. $0.20; graham. $6.00;
bakers nara wneat, $7.25; bikers blue
stem patents. $6.75; valley bakers', $0.00.
MILLFtKD Price, f. o. b. mill: Mill
run, $22 per ton; rolled barley, $34 0 86;
rolled oats. $36; scratch feed. $49 per ton.
CORN Whole, $36; cracked, $39 per
ten.
HAT Buying price f. o. b. Portland:
Alfalfa, $15 per ton; cheat. $12012.30;
oat and vetch, $13013 60; clover, $100
10.50; valley timothy, $16 016.50; eastarn
Oregon timothy. $18 018 60.
Dairy and Country Produce.
BUTTER Cube, extra. 43o per pound:
print parchment wrapped, box lots, 47c;
canons, 48c. Butterfat, buying prices: No.
1 grade, 47c, delivered Portland. 0
KGtlS Case count, 4o342c; candied
ranch, 454148c; association firsts, 53c; as
sociation selects, 65c; association pullets,
44c.
CHEESi Tillamook triplets, prlc. to
jobber, f. o. b. Tillamook, 24c; Young
America, 25o pound.
POULTRY Hen.. 16026c lb.; springs,
2503oc; ducks, 20020c; geese, nominal;
turkey, nominal.
FUKiv Fancy, 15c per pound.
VEAL Fancy. 16 a 10c per pound.
Fruits and Vegetables.
FRUITS Valencia orange. '$4.2307.50
per box; lemons, $5.6008.25; grapefruit,
$0011.60 per box; bananas, 849o lb.;
apples,, $1.23 0 3.25 box; cantaloupes, $2
6 8:23 crate; peaches, $1.2601.50 box;
prunes, 60 0c per pound; pears, $1.7502.50
per box; huckleberries, 10rgjl5c per pound;
grapa. $1.6003.75 per crate; cssabas. 20
2c per pound; cranberries, $4.75 per box.
POTATOES Oregon, 22 20 per
pound; Vaklmas, $2.25 02.50 hundred;
sweet potatoes, 404Wc per pound.
ONIONS Yellow, $3 30 0 4 per sack.
VKOSTABLKS Cabbage. 864c lb.;
lettuce, $2.5003 crate; carrots. $15002.50
per sack; garlic, 10 0 20a per pound; beets,
$2 02.60 per box; cucumbers, 75090a per
box; beans, 7 0 8c per pound; green corn.
$202.50 sack; celery, 75c0$1.16 dozen;
eggplant, 7010c pound; tomatoes. 63c0
2.23 box; green peppers, o01Oo pound;
cauliflower, $1.7503.00 per dosen; pump
kins. So per pound; squash, 8a pound.
Staple Groceries.
Local Jobbing quotation:
SUGAR (sack basis Cane, granulated,
6.55c pound; beet, 6.35c
NUTS Walnuts, Manchurlan, 20 0 22c
pound; Braxil nuts, 18020c; filberts, 150
18c; almonds, 24027Vc; peanuts, 811C
pound.
RICE Blus Rose, 6c per pouns; Japan
sty;.. 505)40 per pound.
BEANS Small, whit, 4.90c : large
white, 8c; pink, bc; lima, 7c; red,
fac per pound,
COFFEE Roasted, bulk. In drum. 14 0
36 c per pound.
SALT Granulated, barrel, $3 2004.05:
half ground, ton 50a, $17.25; 100. $1625;
lump rock, $26.50.
HONEY Comb, new crop, $6.5007 per
ease.
DRIED FRUITS Dates, $4.23 per box;
figs, $1.40 0 3.75 per box.
Bides. Bops, Etc.
TALLOW No. L8H04C; No. 2. 22c
per pound.
CASCARA BARK Five cents a pound,
delivered Portland.
HOPS 1921 crop. 27 0 30a per pound;
fuggles, 32c; 1020 crop, nominal, 20c.
HIDES Fresh cured, 44c per pound;
calf. He per pound; kip, 6c per pound.
WOOL New clip, 80 20c per pound.
MOHAIP. New clip, 16c per pound, de
livered Portland.
Provisions.
Ha MS All sixes, 33 0.15c; skinned, 800
87c; picnics, 18c; cottage roll, 20c
BACON Fancy. 42047c; choice, 290
84c; standard, 23 0 27c.
LARD Pure, tierces, 15c pound; com
pressed, tierces, 13 c.
DRY SALT Backs. 19 0 23c; plates, 18c
Oils.
LrxSEED OIL Raw. in barrels, S7c;
5-gallon cans, $1.12. Boiled, in barrels,
99c; 3-gailon cans, $1.14.
TURPENTINE In drums. $1.00; 6-gal-lon
cans, $1.15.
WHITE LEAD 100-pound kegs, 12ttc
per pound.
COAL OIL Tank wagons and iron
barrels, 17Hc; cases, 80037c
OASOL1NE lank wagons ana Iros
barr.ls. ioc; cues, 38 !0-
BAN FRANCISCO PRODUCE MARKET
Prices Current en Vegetables, Fresh Fruits,
Etc.. at Bar City.
SAN FRANCISCO, Sept. 30. Vegetables
Squash, 40-lb. lug. 50 065c; potatoes,
$203.75; onions, new yellow, $oft3.25;
brown, $3.2503 50; tomatoes, $1.2301.73;
bell peppers, 34c; beans, 3tt0c; lima,
707ijc; carrots. $101.25; agg plant, 305c
corn, per sack, $203.25; lettuce, per cratq,
$1.25: celery, per crate, $.'10 4; peas, per
lb., 8011c; sprouts, per pound, 6Vs08c.
Poultry Hens. 25033c; young roosters.
20 0 25c; old roosters, 16018c; young
chickens, 32045c; ducks, 25c; dressed
turkeys, 45c; live turkeys, 350 50c; Bel
gian harea, 15c; squabs, per dosen. $3.50.
Fruit Oranges, Valencia, $4'ij6.25; lem
ons, $4.5006.25; grapefruit, $405.50; ap
ples. 3!4 and 4-tier. $1.25 02.60; straw
berries, per crate. $1.2501.5o; raspberries.
per drawer, 65 0 80c; blackberries, per j
drawer, 40 0 50c; peaches, per small 004
S5c$1.73; cantaloupes, standards, crate,
$203; ponies, $101.25: flats, 60 0 75c;
figs, single layer, 65086c; plums, per
crate, $102.30; caaabas, per dozen, 6.7c
0$1; watermelona, per dozen, $203;
grape, per crate, eeedless, $1.5001.65;
others $1.2301.75: pears, per box, $2.50
08.75; prunes, per crate, $1.25 0 2.25; cran
berries, per box, $5.
Receipts: Flour, 836 quarter sacks;
wheat, 2400 centals: barley, 24.123 centals;
corn, 0O0 sacks; potatoes. 2009 aacks; on
ions, 2541 sacks; hay. 60 tons; oranges
and lemons, 400 boxes; livestock, 170 head.
New Tork Sugar Market.
NEW YORK, 8ept. 80. Raw sugar, cen
trifugal, uncontrolled, 4.13c; Cuba. 4.23c;
refined, fine granulated, 5.50c
' Dried Fruit at New York.
NEW YORK, Sept. 30. Evaporated ap
ples, nominal. Prunes, firm.
Liberty Bonds and Victory Notes
Again Active, but No New
Records Are Made.
NEW TORK Sept. 80. The stock mar
ket today forfeited a considerable part of
its recent gain, leaders reacting one to
three points to proilt-taking. renewal of
short commitment and tighter money
rates.
Diminished deallogs again centered In
the more prominent Issues, comprising the
oil, steel, equipment and metal groups.
Motors and subsidiaries and food special
ties trailed along at more moderate fluo
tuationa. Ralls were the only Issues to maintain
a semblance of firmness, being sustained
largely by the further publication of fa
vorable earnings. Lehigh Valley wa most
active, at a net gain of almost three
points In connection with the prospective
segregation of tbe company's coal prop
ertiea The plan of the New Tork transit com
mittee for the merger of all local trac
tions had little effect on these Issues until
the final hour, when Brooklyn Rapid
Transit Issues were under marked pressure
In the general list reactions were most
severe in Mexican Petroleum, Baldwin Lo
comotive, Studebaker and American Sugar.
Sales were 450,000 shares.
Call loans rose from th opening rate
of 6 per cent to 6H Per cent at midday
and advanced to 6 per cent, mainly on
belated borrowing in the final hour. Time
rates were unchanged, but some loans
extending to the close of the year were
mad at slight concessions when backed
by high-grade collateral.
British, French and Belgian exchanges
strengthened In response to higher quo
tations from London, th German rat
also making further recovery from Its
recent collapse. Italian bills continued
their downward course, however, the lire
declining to a fraction under 4 cents.
Trading In liberty and victory issues
again featured the bond market, but no
new records were made. Foreign Issues
were lower, especially French and Belgian
government flotations. Total sales, par
value, aggregated $13,650,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck ok Cooke com
pany. Portland.
Sales. High. Low.
1,000 49 48 !4
Adams Exp. , .
Advance Rum.
do pfd
Agr Chem ...
Ajax Rubber..
Alaska Gold..
Alaska Juneau
Allied Chem..
Ailis Chal ...
do pfd
Am Beet Sug.
Am Bosch ...
Am Can Co...
do pfd
Am Car sV F.
do pfd
Am Cot Oil...
Am Drug Syn.
Am Hide A L.
do pfd
Am Ice
Am Intl Corp.
Am Linseed...
do ptd
Am Loco ....
do ptd
Am Saf Razor
Am Ship A C.
Am Smelter..
do. pfd
Am Snuff . . ..
Am Steel Fdy.
Am Sugar ...
do pfd
Am Sumatra..
Am T A T. . ..
Am Tob .....
do B
Am Wool '. ...
do pfd
Am W P pfd.
Am Zinc .....
Anaconda ....
Assd OH
Atchison .....
do pfd
Atl G & W I.
Bald Loco ...
do pfd
Balto & Ohio.
do pfd .....
Beth Steel B..
II R T
Butte A Sup. .
Caddo Oil
Cal Packing...
Cal Pet
do pfd .....
Can Pac
Cen Leather. ..
Cerro de P...
Chand Motor..
Chi A N W. ..
Chi Gt West..
do Dfd
Chill Cop ....
cnino
C M St P
do pfd
Coco Cola ....
C & O
Colo F A I. ...
Colo (3 A E...
Col Graph ...
Con Gas
Con Cigars ...
Contl Can
Contl Candy..
Corn Prod ...
do pfd .....
Cosden Oil ...
C R I 4 P....
. do A pfd...
do B pfd. ...
Crucible
do pfd
Cuba Cane ...
do pfd .....
Cub Am Sug..
Del & Hudson.
Dome Mines...
D A R G
do pfd
End! Johnson.
Erie
do 1st pfd. .
do 2d pfd. ..
Fam Players.,
Fed M A Sm..
do pfd .....
Fisk Tire ....
Gaston Wms..
Gen Cigars
Gen Elee ....
Gen Motors...
Glen Alden...
Gen Asphalt..
Goodrich .....
Goodyear . ..
Granby
Gt Nor Ore...
do pfd .....
Greene Can
Gulf S teel....
Bask Barker..
Houston Oil...
Hup. Motor ..
Ill Cen
Inspiration ...
Interboro .....
do pfd .....
Intr Callahan.
Int Harv
Int Mer Mar..
do pfd .....
Int Nickel ...
Int Pajer ....
do pfd .....
Invin Oil ....
Island Oil ....
Jewel Tea . . ..
K C Southern.
do pfd
Keily-Spgfid .
Kennecutt ...
Keystone Tire.
Lack Steel
Lee Tire
Lehigh Valley.
Lorillard
Lowe Theater
L & N ..,
Mex Pet
Miami
Mid States Oil
MIdv Steel ...
M K A T
do pfd
Mont Power..
Mont Ward...
Mo Pac
do pfd
M St P &SSM.
M A St L
Nat Enamel...
Nat Lead ....
Nev Con . . . ..
New Haven...
Nor A West...
Nor Pac
Nov Sco Steel.
N T Air Brk.
N Y Central. ..
Ok la Prod ref.
Ont Silver
Ont A West...
Otis Steel
Pac O & E. ..
Pac Oil
Pan Am Pet. .
do B
Penna .......
Peo Gas ......
Pere Marq ...
Phila Co'
Pure Oil
Pierce Arrow.
Pierce Oil ...
Pitts Coal . . ..
Pitts A W Va.
do pfd
Pr Steel Car.. '
Pullman .....
Ray Con .....
Reading .....
Remington ...
Repio Steel . .,
Rep I A 6....
do. pfd .....
Rep Motors...
Ryl Dutch Oil.
Ry Steel Spg.
gears Roebuck;
700 24 i S3 "4
200 hi hi
1,21 Ml -J 'A
8"0 47 43 vj
40 83 83 !i
"Voo 'ik" '27
40O 88 4 8S ,
40O 27 2iii
"Vo'd 120 St 128 4
"s'o'6 "i'i
100 10 10
8nJ 61 hi 61
2O0 60 hi 60
2,300 84 83
"ido 'is" '45"
l.loo 81 90
100 104 hi 104 hi
100 4 4 -!i
i'eoo '88 -87
"Voo 102" ioi"
5(K 23 24
2,000 H4 511 S
300 86 hi 86 hi
B.I11O 41 311
1,000 108 107
100 124 124
"Voo 'isii '73"
'Voo "i"
8,500 40 89
"&0d 66" 86"
8.400
14,800
28
88
27
86
1,500 38 88
2.9(K
4110
2O0
2 OO
UOO
2.800
1.1 "O
30
1.7O0
200
8.800
8.700
4iiO
l.soo
600
BOO
' i.Voo
200
900
8.5O0
10O
10,2110
1,400)
100
100
4,700
100
2.400
40
400
'206
200
"i.'o'oo
800
600
56
8
14
'67
88
20
2
43
70
"it"'
11
24
26
40
30
66
60
4
88
79
107
27
84
80
S
'63
83
7
18
13
"is"
63
13
ia
53
8
14
67"
87
28
20
42
69
"ii"
HH
21
23
S
36
66
"50
.''
89
78
107
20
83
76
68
63
83
7
17
12
"is
'64
13
18
8,300 56 64
4.300
2'M
2oO
1.9O0
70O
200
100
Liuo
100
200
2,200
600
"2.V06
l.WK)
2.4O0
60O
2.4(10
811O
800
800
1.300
"i.Voo
3.300
IOO
700
' 100
1.BO0
2.S'H
fOOO
,400
'2.500
Voo
46,500
20O
2.0iO
1,000
100
IOO
1,2(10
1,500
Voo
1.200
9IIO
200
1,600
2.700
800
12
58
124
10
40
M-82
28
41
"m"
11
"85
2
4
77
10
48
14
50
"9
2
10
26
'43
21
11
42
67"
"i3
163"
21
12
26
49
38
20
41.
"
12
15
nr
78
73
2
12
8S
123
10
8!l
62
82
28
75
22
40
"66
11
8S"
1
6
4
70
10
47
13
48
v
2
10
26
'42
20
10
41
'64
"13
'90
21
11
26
40
18
19
41
"9
12
14
78
72
2
1.800 24 22
2.0O0
i.0iM
60
1,2(10
400
7U0
4.000
l.Oi 0
4.U0O
6(10
6"0
2O0
i.noo
800
1.100
6.300
100
8
47
44
87
61
20
30
23
12
7
61
26
68"
02
13
72
23
87
46
43
87
61
10
20
25
11
7
60
26
57
92
13
71
23
1.20O 63 62
700
2,200
IOO
evO
10
47
82
W
10
46
82
66 3s
Bid.
49
13
36
83
23
4
33
72
27
37
27
81
128
108
1H
4
1H
61
60
33
21
45
90
104
4
6
87
73
102
24
511
KB
40
107
123
122
74
fid
23
9
80
93
86
80
27
8
96
88
51
65
8
14
10
R
?S
113
28
28
42
6i
7
16
11
24
23
'
33
38
24
60
4
80
27
44
78
106
27
83
79
;
64
82
IT
12
IOI
18 S
64
13
18
13
64
J
22
12
58
123 H
10
80
63
82
10
18
28
75
21
40
68
65
11
fit!
85
i
4
70
10
47
13
48
90
9
2
10
23
60
42
al'in.
0
41
26
5T
147
13
109
911
21
11
25
2
3
4
18
19
40
70
87
75
12
14
78
23
66
72
22
9
67
87
46
42
37
19
20
23
11
6
60
26
75
57
92
13
72
23
22
52
80
10
46
82
Fhattuck Arls.
Shell T A T...
Sinclair
Stand Oil Cal.
Sloss Shef ...
So Pao
So Ry
do pfd . ...
Pt L A S F...
Strom Carb...
Studebaker ...
Swift St Co...
Tenn C A C...
Texas Oil ....
Texas Pac ....
Tex P C A CU.
Tob Prod ....
Tr Contl Oil
Union Oil Del.
Union Pac . .
United Alloy..
United Drug. .
Untd Fd Prod.
United Fruit..
Untd Rds N J.
do pfd
Utd Rtl Stores
U S lnd Al...
U S Rubber...
do 1st pfd. ..
V S Smelting.
U S Steel ....
do pfd .....
Utah Cop ....
Va Chem ....
do pfd .....
Van Steel ....
Viandou ....
Wabash
do A pfd...
do B pfd...
Wells Fargo..
West Pac ....
do pfd .....
West Union . ..
Westh E A M.
West Md
White Motors.
Willys-Ovid ..
do pfd .....
Wis Cen
Woolworth ...
Worth Pump..
W A L E. ...
TJ S 2s. reg.v"
do coup. . . .
do 4s, reg.."
do cv 4s, CP.'
Pan 3s, reg. .
do coupon. .
A T A T cv 6s
Atchen gen 4s
D A R con 4s
NYC deb 6s.
2O0
80O
12,40
400
1(H)
4.6O0
800
8
84
20
75
87
80
20
6
84
19
74
87
79
20
700 24 23
200
18,700 75 78
"t.Voo . '80 S'
6"1 23 23
T.7UO 20 20
1.04(0 66 6-"
1,700 8 8
200 17 17
1.100 122 122
""506 "66 "eevi
10.9O 14 12
400 110 110
2,800 62
700 46
1,400 60
2('0
loO
4.500
"i.Voo
100
"i.Voo
8,400
87
83
80
"5i
SO
"32
J
61
43
49
87
3.1
79
"60
SO
'oi
7
SOO 21 20
sno
400
60
23
60
22
200 83 83
1,40 6 6
L6O0 27 26
'''206 iii ii4"
600 40 44
BONDS.
100Nor PacJfio 4a
100 I do Sa
104IPao T A T 6a
104Penn con 4s
76 So Paclf cv 6s
70So Railway 6s
102IUnlon Paclf 4s
78 U S 8teel 5s..
67 I
95 Bld.
6
84
19
74
87
79
20
46
23
80
73
3
7
86
22
20
65
8
17
121
26
56
13
110
8
1S
61
43(,
49
87
82
79
109
51
80
73
81
7
7
20
14
60
23
61
82
44
9
83
26
26
114
40
8
76
67
88
87
92
86
82
85
Liberty Bond Quotations.
Liberty bond quotations furnished by
Overbeck A Cooke company of Portland:
High. Low. Close.
Liberty 3s 88.42 88.28 88 34
do 1st 4s 90 70
do 2d 4s 90.30
do 1st 4s 90.98 90.84 90 80
do 2d 4s 90. B6 90.36 90 46
do 81I 4s 93.98 93.84 93 86
do 4th 4s 90.M8 OO. 60 90.70
Victory 4th 4s 99.48 99.42 99.44
do 8s 99.48 99.44 99.44
Boston Mining Stocks.
BOSTON, Sept 30. Closing quota
AHoues 19 INorth Butte ...
Arts Com ..... 801d Dominion..
Cal A Arls 49!Osceola
Cal ft Hecla...238 iQuincy
Centennial
Copper Rang
East Butte . .
Franklin ...
Isle Koyalle.
Lak Copper.. 244
Mohawk 32
8lRuperlor
85
a
20
Sup A Boston.
Shannon
Utah Con
Winona .......
Wolverin ....
tlons:
.10
.23
.27
.37
. 2
. 1
. 1
. 8
.40
.11
Swift A Co. Stock.
Closing prices for 8wift A Co. stocks at
Chicago were reported by the Overbeck A
Cooke company of Portland as follows:
Swift or Co 9S
I.ibby, McNeil A Libby 8
National Leather 8
Swift International 22
Honey, Silver, Ete,
NEW YORK, Sept. 80. Call money,
firmer. High, offered at and last loan.
6 per cent; low and ruling rate, 5 per cent;
closing bid, 5 per cent; time loans,
steady; 60 days, 6 05 per cent; 90
days, 6 05 per cent; six months, 6
per cent.
Prime mercantile paper, 5 05 per
tent.
Foreign bar silver. 70c
Mexican dollars, 54 c.
LONDON. Sept. SO. Bar silver. 42 d
per ounce. Money, 4 per cent. Discount
rates, short bills, 4 8-1604 per cent;
three months' bills, 4 per cent.
New York Bond.
Nw Tork bond quotation furnished by
Hwrrin A Rhode. Inc.. of Portland:
American Tobacco 7s, 1U22 101
American Tobacco 7s, 1923... lol
Anaconda 7s B. 1920 94
Anaconda 6s A. 1020 90
Armours cv 7s, 1030 10
Armour 4s. 10.19 82
Argentine t;l 5s. 1945 72
Am As- Chm 7s. 1941 P
Beth Steel 7s, 1923 9S
Beth Steel Eq 7s. lflS.1 116
Belgium Ext 7s, 1945 12
Belgium 6s, ID 2:. 95
Bergen 8s, city of. 1045 100
Berne 8.. city of, 1945 101
Brazil 8s, 1941 90
Canadian 5s. 1926 94
Canadian 6. 10:11.. 93
Chicago N-W 7s. 1930 104
C. M oi St P gnrf 4s A, 2014 58
Can Nor 7s. 11)40 10.". V.
Chile 8a. 1941 98
Christiana 8s. city of, 1943 101
Copper Ep 8s. 1022 100
Copper Kip 8s. 102.1 101
Copper Kxp 8s. 1H24 101
Copper Exp 8s. 1112.1 102
Cuban Amer Bucnr 8s, 1931 98
Con Gnu cv 7a. 1923 102
Dia Match 7s. 1935 103
Denmark 8s. 192o 104
Dsnlsh Mun 8s. 1045 102
Dupont 7s. 1011 f
French ext 8s, 1043 lno
French 7s. 1041 93
Grand Trunk 7s. 1940 102
Goodyenr 8s, 1041 104
Gulf Oil 7s, 1931 99
Hershey 7s. 1930 98
Int Hop Tr ref 6s, 3966 53
Int Mnr CT 6s. 1941 fK
Kennecott 7s, 1930 94
Morrlii A Co. 7VAs. 1930 101
N Y Call 7a 1030 104
Norway 8s, 1040 ln
Northwest Tel 7s, 1941 104
Ohio C G 7s. 1025 94
Ohio Power 7s. 1051 94
Pan Amer 7s, 1910 - .92
Penna 6s. 10.16 102
Sun Paulo 8s. 19.16 97
Southwest Tel 7s. 1925 98
Swedish Govt Rs, 1919 89
Standard Oil. N Y. 7s. 1011 105
Standard Oil of Csl 7s, 1925 100
Steel A Tube 7s, 1951 92
Swiss 8s, li40 107
Sears Roe 7s. 1922 9
Sears Roe 7s. 1923 98
Solvay 8s. 1927.: 100
Swift A Co. 7s. 1923 100
Union Tank 7s. 1910 102
TJ 8 Rubber Ts, 1930 101
Wilson 1st 6s, 1928 8.1
West Elec 7s, 1925 101
Westlnghouse 7s, 1931 102
Zurich Ss, 1945 101
Foreign Bonds.
Forelrri bond quotations furnished
Overbeck A Cooke company of Portl
Bid.
BeMtfan reM 5a 63
BplRlan prem 5s ....
Belgian 7 '.is, 1943 ...
Belgian 6s. 1941
Belgian 6s, 1925
Brazil 8s. new
British , 1921 ....
British 3s. 1927
British 5s. 1029
British vky 4s
British ref 4s
Bordeaux 6s, 1034 ...
Canadian 6s, 1926 ....
Canadian 5s. 1929 .
Canadian 6s. 1931 ...
Curia. linn 5, 1021 .
Canadian 5s. 1927 ....
Chilean 8s. 1941 C . ..
Currency
Denmark Rs, 1943 ...
Dan Muni 8s. 1945 ...
French 4s. li17
French 5s. 1931
French 7s. 1041 ...
French 8s. 1043
Paris 6s
German W L 6s .....
Berlin 4s
Hamburg 4s
Hamburg 4s
I.etpig 4s
I.eipsig 5s
Munich 4s
Munich 5 ....
Frankfort 4s
Italian 3.-. 1918
Jap 4s. 1931
Jap first 4s. 1923 ..
Jap seconds 4s, 10!
Norway Ks. 104O
Russian 6s. 1921 ...
Russian 5a 1924 ...
Russian 6s. 1916 ...
Swiss 5a 1929
Swiss Ss. 1940
U K 6s, 1921
U K 6s. 1922
TJ K 5.. !29
U K 5s. 1937
.... 67
....J02
101
.... 93
89
... .374
. ... 803
803
. . . . 2S0
....270
.... 83
.... 94
03
90
.... 99
86
88
.. . . 8
....103
....102
45
.... 55
.... 95
....100
. ... 90
.... 6
.... 7
.... 7
.... 8
.... 7
8
.... 7
.... 8
.... 7
31
. ... 70
. ... 85
85
....106
.... 14
:::: J
.... 90
107
.... 99
98
91
89
bv the
and:
Ask.
6N
70
102
102
95
100
884
875
878
290
2N0
84
94
94
00
100
88
9
10
103
102
46
5(1
93
lO0
100
7
8
9
9
8
8
10
8
82
71
86
86
imi
16
5
16
91
107
10
98
91
SO
7"T T'T T 1 after you start banking
J- v- vJ 1 d I j here that our genial service
KNOW .xtremely hard to beat.
STATE BANK
OF PORTLAND
Fifth and Stark Open Saturday Evenings
A general obligation bond
Free from Federal Income Tax
To Yield
Sheridan, Oregon (C 1, "of2
Dated Aufr.l, 1921. Denomination $500. LA V
Due, without option, 1934 to 1940. .
Atkinson, Starkey & Zilka
INVESTMENT BONDS
Wilcox Building; Phone Main 700
Portugal, escudos .1030
Roumanla, ll 0003
Serbia, dinara .0192
Spain, pesetas .1310
Sweden, kroner ..2235
Switzerland, francs 1733
China Hongkong, local currency... .5023
Shanghai, taeia 8400
Japan, yea 4830
NFTW TORK, Sept. 80 Foreign en
change firm; Great Britain, demand
S3. 72, cable $3.73: France, demand
7.13, cable 7 14: Italy, demand 8 99,
cable 8.99; Delirium, demand 7.05,
cable 7.06: Germany, demand 85, cables
85; Holland, demand 81.85, cables 81.91;
Norway, demand 12.80; Sweden, demand
23.30; Denmark, demand 17 85; Switzer
land, demand 17.30; Spain, demand 13.05;
Oreece, demand 4.90; Argentine, demand
82.12; Brazil, demand 13.25; Montreal.
91.
IRE WHEAT CONSIGNED
FARMERS PREPARE TO MAR
KET SPRING GRAIX SURPLUS.
Chicago Prices Decline Sharply
With Predictions of Larger
Receipts Next Week.
CHICAGO, Sent. SO. Predictions of en
larged receipts In the northwest next week
had good deal to do with making wheat
price decline today. The market closed
heavy, lc to 24e net lower, with De
(ember 11.20 to ll.20 and May 11.23
to $1.25. Corn lost c to la end oats
c to c. In provisions, the outcome
varied from 15 cents declln to 10 cent
advance.
It wa ald that consignment notices
of wheat due to arrive at northwestern
terminala were of greater volume than for
ony previous time this season. From this
circumstance bears drew the Inference
that spring wheat farmers were showing
a disposition to market their surplus with
out delay, notwithstanding government
finances available to carry the grain if
so desired. The market scored a rally
after midday on account of covering by
shorts, but when a demand from this source
bed been satisfied, values weakened again
and closed near the bottom level ot the
session.
Corn and oats, like wheat, were with
out any aggressive support. September
delivery of corn fell to the lowest price in
18 years.
Higher quotation on hogs gave some
firmn'e to proviaiona.
The Chicago grain letter, received yes
terday, by the Overbeck k Cook company
of Portland, follows:
Wheat Sentiment wa rather mixed
today, but It wa quite apparent from the
outset that the vulnerable portion of ths
short interest had covered on yesterday's
bulge and the market wa Inherently
weak. The Important news of tho day
was undeniably against higher price..
There was evidence of some re-selling by
exporters In the southwest and Chicago
people In close touch with the export
situation claim that such offerings are
being received daily and that the smsll
business reported worked from tlm to
tlm Is strictly to fill ocean tonnage. We
have heard considerable talk lately of an
Improved domestic flour trade, however,
our Information now Is very much the
reverse, potential buyers claiming that
they are being offered flour at substan
tial concessions under quoted price. The
cash demand is by no means keen except
for the very best grades, there seems little
doubt but that foreigners bought too murh
wheat earlier In the season, based on the
Kuropean drouth and until they are able
to dispose of their surplus purchases, we
do not look zor a sustained advance in
our market
Corn Heavy receipt and advice of
further liberal offerings from the country
completely overshadowed complaints of
crop deterioration. The casb demand again
was Inadequate and the spot basis was
reduced an additional 1 cent a bushel. All
argument to tbe effect that corn la sell
ing below Its Intrinsic value count for
naught with the pressure of cash grain ex
ceeding the demand.
Oats A lower cash market Induced
selling by longs, which, combined with s
moderate volume of hedging pressure from
the northwest. Imparted weakness to the
futures. Country offering wer reported
light.
Rye Buying of December ry against
sales of December wheat was the only
feature today. Cash rye was Inactive and
nominally 8 cent under Dacember for
No. 2 on track.
Leading future ranged ss follows:
WHEAT.
Ooen. High.
91.22
1.27
CORN.
.50
.05
OATS.
Dee, 86 .30 .88 .88
May. 40 .41 .40 .40
12; alfalfa, $12314; stock. $8ffll0; trw
nominal.
Dee.
May
Dee.
May.
$1.22
1.28
.80
.55
Low.
$1.20
1.25
.49
.55
Close.
$1.20
1.23
.49
.55
MESS PORK.
Sept..
22.00
Foreign Exchange.
Foreign exchange rate at the close of
business yesterday, furnished by North
western National bank of Portland. The
amount quoted Is the equivalent of the
foreign unit in United States funds:
Country. Unit. Fate.
Austria, kronen $ .0012
Belgium, franc 0710
ltulgarla. leva 0O84
Czecho-SIovakia. kronen 0110
Denmark, kroner .1790
England, pound sterling 8,7400
Finland, finmark 0135
France, francs .0720
Germany, marks .0091
Greece, drschmas .0492
Holland, guilder 8193
Hungary, kronen .0O22
Italy, lire fMOO
Juso-Slavia, kronen 0032
Norway, kroner i...w...,ulu .1240.
LARD.
Oct...... 9 8S 9 73 8 53 .5
Jan. 9.00 9.10 9.00 9.07
RIB3.
Oct...... .... .... 6 75
Jan .... .... 7.73
Cash prices were:
Wheat No. 2 red, $1.28; No. 4 hard,
$1.17.
Corn No. 2 mixed, 48$48e; No. 2
yellow. 484c.
Oats No. 2 white, S5035c; No. 8
white. 33 34c.
Rye No. 4. 93c.
Barley, 5S2c.
Timothy seed. HiXftAJS.
Clover seed. $121S. -
Pork, nominal.
ljrd, $963. .
Rib. $7S.
Primary Receipts.
CHICAGO, Sept. SO. Primary receipts
Wheat. 1.0I3.000 bushels against 1,891.000
bushels. Corn, 1.335.0O0 bushels against
1. 167.000 bushels. Oats, 778,000 bushels
against 508.000 buahels.
Shipments Wheat. l.S.'iR.OOO bushels
sgalnst 1.041,000 bushels. Corn, 401.000
bushels against 6S2.0OO bushel.. Data. 819,
0OO bushels against 300,000 bushels.
Clearances Wheat, 707,000 bushels.
Flour, 89,000 barrels.
Minneapolis Grain Market.
MINNEAPOLIS, Sept. 80 Barley. 40
55c. Flax. No. 1. 81.0491. B7. '
Wheat December, 81.34; May. $1.82.
Winnipeg Grain Market.
WINNIPKO, Sept. 80 Wheat October.
$1.33; November, $1.81; December,
$1.20.
Grain at rinn Franclseo.
FRANCISCO, Sept. 80 Grain
Seattle Grain Market.
SEATTLE, Sept. 80. Wheat Hard
white, hard red winter and northern spring,
$1.10; soft white, white club. $1.09; soft
red winter, $1.08; eastern red Walla, $1.00;
Big Bend bluestem. $1.18.
City delivery: Feed corn, who! yellow,
$37; cracked. $39; feed meal, (39; barley,
whole feed, $34; rolled, $30; ground, 136;
clipped, $41; oats, whole feed. $36; rolled,
$28; ground, S3S; sprouting, $41; wheat, r.
cleaned feed, $45; all grain chop, $3H; chicle
feed, $57; chick mash. $34; growing feed,
$35; growing mash, $52; egg mash. No.
14. M., S47; scratch feed. $46: wheat, mixed
leed, $23; cocoanut meal, $27; cottonseed
moal. $42; linseed oil meal, $50; soy bean
meal, $38.
Hay Alfalfa, No. 1. $20; mixed. No. 1.
$22; timothy, .No. 1, $27; straw, $18.
Tluluth Linseed Mnrket.
DTJLTJTH, Sept. 30. Linseed on track
and to arrive. $1.93.
DEMAND TOB WOOL FALLS OFF
Prices Are Not Changed at Boston; For
elgn Markets Strong,
rtOSTON, Sept. 30. The Commercial
Bulletin tomorrow will aay:
The demand for wool has fnllen off dur
ing the week, although there la still a
fair business being done. Users of medium
wools report slight Improvement in their
markets, while other manufacturing line
are hardly changed. The foreign markets
are strong.
Scoured bsai Texas, fine 12 months,
631j75c; fine eight months. 30(fi'33c.
California northern, 70f73o; mid U
eountles, 65f6c; southern, flOSSc.
Oregon, eastern, No. 1 staplo, 7S'fl80c;
eastern clothing, GOjj'65c; valley, No. 1,
85 W 70c.
Territory, fine staple, choice, 80830;
half-blood combing, (I8ff72c; three-eighths,
blood combing. 3035c; quarter blrTnd
combing. SS(j42c; fine and medium cloth
ing. 60rii)A3c; fine and fine medium French
combing. flS7lc.
Pulled. P.alne A, 83c; A A, 75 80c; A
supers, 00 fa' 70e.
Mohair, best combing, 27ff30c; best
carding, 22(fi 25c.
QIOTATION8 ON DAIRY PRODCCE
Better Prices Ruling on Butter, Thee
and Kgg.
PAW FRANCISCO, Sept. 80. Butter
Extra, 4No.
Eggs Kxtras. 89e: extra first, BSVe;
extra pullets. 47c; extra pullets, firsts, 42c;
underslxed pullets. No. 1, 30c.
Cheese California flat fancy. S3c: Call-
Amertoaa, fancy, 26c.
creamery nignar man extras, T4.'
crenmeryextras, 44c; do. firsts, 30f43c
pscklng stock, current mark. No. 2,
Kgg. Wenk. Fresh gnthered extra,
firsts, 4B 4ftc; do. firsts, 40(f44o.
Cheese Steady, unchanged.
CHICAGO, Ke.pt. 80. Butter Higher.
Creamery extras, 44c; standards, 38c;
firsts, 34142c; seconds, 30fr32e.
Eggs Firm. Receipts. 3501 case.
Firsts. 83tr3t)c; ordinary firsts, 33034c;
miscellaneous, 36G?37c.
SEATTLE, Sept. 30 F.ggs Select lenal
ranch, white shells, 53c; do. mixed color.
50c: pullets, 88?40r.
Butter City creamery, cubes, 46c; bricks
or prints, 4Nc.
WnOI.ESALF.TRADF. TFJSDS TO EXPAND
Improvement Also Noted in Industrial
Lines rig Iron lluytng Larger.
NEW TORK, Sept. 80. Bradatreet's to
morrow will say:
"Wholesale and Jobbing trade, and t
a .lightly- lesser degree industry, tend to
expand as commodities and market
hitherto lngglng join in the Blow but
apparently steady march nf Improve
ment. Th stock market, too, seems to
have' imbibed a little more confidence and
is a shade firmer, while the bond mar
ket, especially as regards the liberties,
shows sustained and, indeed, added
strength.
Increased buying and slightly larger
output feature the pig iron and finished
steel markets. Lumber and coal buying
and output have Improved.
'Weekly bank clearing wer $8,208,-886.000."
Coffee Future Lower.
NEW TORK. Sept. 80. The market for
coffee future was lower today. An open
ing decline of 5 to 11 point reflected
further scattering liquidation, promoted
by the easier ruling of Rio exchange a
reflected in the early cables. Later there
whi some trade selling also, accompanied
by reports that Santos shippers had ac
cepted lower bids in the cost end freight
market and the price of December con
tracts eased off from 7.95c to 7.84c, clos
ing at the lowest. The general market
closed at a net decline of 12 to 17 point.
Sales were estimated at about 43,000 bags,
October, 7.70o; December, 7.84c; January,
7 KOc; March, 7.90; May, 7.95c; July,
8.04c.
Spot coffe was reported In fair demand
on tbe basis of 8 to 8 for Rio 7 and
11 to 12 for Santo 4a
Mrtnl Market.
NEW TORK, Sept. 30. Copper Firm.
Electrolytic, spot and nearby, 1212)c;
later. 12i12c.
Tin Firmer. Spot and nearby, 26.759
26.87c; futures, 27.25c.
Iron Firm. Unchanged.
Lead Steady. Spot. 4.704.75c.
Zinc Firm. East St. Louis delivery.
apot. 4.50c.
Antimony spot, o.ooc-
N aval Store.
SAVANNAH, Oa., Sept. 80. Turpentine
Firm, 67e; sales, none; receipts. 552
barrels; shipments, 291 barrels; stock,
9098 barrels.
Rosin Firm: ale 1453; receipt, 1701;
shipments, 2190; stock. 76,424. Quote:
B. I. $4: E. $4. 1014.18; F, $4 20W4.23;
O. $4.8004 38: If. $4 4nM.4ft: I, $4 50'
4 35; K. S4.70W4 73; M. $4 905; N, $5.20
3.23; WU, $.i80t53.; WW, $3.55.
Cotton Market.
NEW TORK. Sept. 30. Spot cotton,
quiet. Middling. 21. 30c.
KAN
Wheat, milling. 22.10: feed. $1.9502.10.
Barley, feed $1.23; shipping, II 27
91.35. Oats, red feed. $1.4091.55
Corn, white Egyptian, $1.T01.80; red
mllo. $1.701.75.
Hay Wheat, No. 1, $16918; fair, $189
19; tarns oats. $12 15; wild oats, $100
Kelso Port Levy Fixed. '
KELSO. Wash., Sept. 80. (Special.)
The Kelso port district will, have a
levy of 1 mill for 1921, rasiiner $7234
for port purposes on valuation of
$7,234,000. Several Improvement proj
ects are being; planned by the com
missioners, who are B. M. Atkins,
T. P. Dunesn and K. M. Hnlhroolt.
The New York "lock Fxrhange and tha
New York Cotton F.xchange often now at
7 A. M. and close at 12 f., rortland time,
lntend of 6 and 11 A. M.
New York is now on standard time la
stead of Daylight Saving tlm.
IIERRIN & RHODES, Inc.
Established 1806
KTOCK tl IOM ItKORFRS,
Ml Railway Exchange 111 dr.
rhons Alaia iti-iti. .