1
TOE MORNING OREGOXIAN, SATURDAY, OCTOBER 13, 1921
EL PASO'S BUSINESS
111 no GROWS
City Boasts That It Never
Has Seen Depression.
TRADE SURVEY IS MADE
Spillanc Declares Copper Indus
try la Doing Quito Well De
spite Troubles Elsewhere.
BT RICHARD SPILXANE.
(Copyright by the publlo Ledger Com.
pany. Published by Arrangement.)
EL PASO. Tex., Oct. 14. (Spe
cial) El Paso boasts that It never
sad a boom, never has known labor
trouble and never has seen depres
sion.. Nearly one-half of Its popu
lation of SS.000 In Mexican.
Despite the depression In the
' copper Industry, El Paso Is doing
quite well. Its blggest single Indus
trial establishment is the srrwlter of
the American Smelting- & Refining
company, said to be the second
largest In the world. That Is doing
little, but the leading banker of the
city predicts a revival in copper
within three or four months. No
other line of production, he says,
gives proportionately so much ton
nage to the railroads. For every ton
of copper the transportation people
got a h.iul of 12 to 15 tons of coal,
coke and other supplies. It takes
100 days, he says, from the pick to
the market in copper. So if his pre
diction is verified the copper business
will be active In about six months.
El Paso people are optimistic, too.
In regard to Mexico. They regard
the Mexican question ss a national
one, for President Harding and
Secretary Hughes to decide. They
have no disposition to consider the
"subject from a selfish or local view
point, yet they say they have excep
tional opportunity for judging some
phases of the case.
El riM'l Bafllnfaa Grows.
Two excursions of El Paso business
men have been down to Mexico city,
a delegation from the Mexican cham
ber of commerce has visited El Paso,
and the best of feeling and a lot of
business are the result. There is so
much business, in fact, that El Paso's
exports for 1921 are nearly double
those of 1920 and nearly treble those
of 1919.
El Paso people pay high tribute to
President Obregon. From their per
sonal observation and information
from their representatives in Mexico
they declare Mexico has a more stable
and orderly government today than
at any time since DIax's regime. Not
only that, but they say they like
Obregon. They knew him before he
was president. They have enter
tained him socially and regard him
as a neighbor and a friend. They
ay he has much to contend with
owing to the desperate state In which
Mexico had sunk before he assumed
office, and In addition he has power
ful men and strong Interests of the
old political groups against him in
the work of rehabilitation. Some of
the men now in his cabinet are in
opposition to him, they add, but
much as he would like to do so, he
cannot dismiss them. But he slowly
and surely is strengthening his posi
tion and in due time will either win
the others over to his views or be so
well entrenched that he can exert his
will to the full.
Whether the El Paso mn are right
In their view of Obregon remains to
be seen.
Km port. Total $17,000,000.
However that may be. El Paso has
exports for 1921 totaling nearly $17,
000,000. That is about the total for
the three years 1917, 1918 and 1919
combined.
For a border town El Paso has a
pretty well distributed lot of indus
tries. With the exception of the
melter, they are all small, but they
Include flour mills, lumber mills, oil
refinery, sash and door manufactur
ers, foundries and machine plants,
cigar factories, metal trunk works, a
bottling establishment, a candy fac
tory and a broom and mop concern
that sells its products even in New
England. There are about 250 of these
small factories, and they seem to have
plenty to do.
So, too, with the Job business, the
generaly supply and the local depart
ment stores. Not until It is ad
judged that Hggresaive effort has ex
tonded the El Paso market well up
into New Mexico and Arizona and far
to the east in Texas is it plain how
the town gets so much trade. When
the copper business is lively the Bls
bee country and the northern Mexico
mine regions draw heavily on El
rso.
Farm District Bigger Factor.
A much bigger factor Is the farm
district east of Sierra Blanca and up
the Rio Grande to Albuquerque and
beyond. There has been a lot of land
along the Rio Grande put under irri
gation and the crops are excellent.
There is a fair bit of cotton grown
In this Rio Grande valley, and the
prospects are for a much extended
area. You won't find better prepared
lands in any section of the country
outside of Iowa and southern Cali
fornia than in some parts of this Rio
Grande watershed.
Nearly all the merchants prom
inent in El Paso today started in the
town In a small way. You cannot
make them believe there is any other
better place In America. They are
pround .of the bleakness of Mount
Franklin, .which frowns down upon
the city. They are proud of their so
called scenic highway that winds
around the mountainside. They are
sure their residential 'section Is of
high class architecturally and other
wise, although some persons might
not agree with them. They are proud
of their flowers, their trees and their
rlnts.
Bleakness Declared Lacking.
"Look at them!" they exclaim.
TLok at the pampas grass. People
Hald you could not grow anything In
El I 'a so. There's the pampas grass
we brought from South America and
it flourishes as well here as in the
southern hemisphere. Look- at the
rqses, the bourgaln vlllla, the young
trees. This country isn't bleak. It's
rugged and we mean to keep it
rugged. That's Its beauty. There's
too much sameness to American cities.
We've only one thing to complain of
here, and that's the scarcity of help
household help."
Leading men Impress upon visitors
the great importance of making the
people of the east know the worth ot
the nation of irrigating every possi
ble acre of this southwestern country.
Captain Slater, publisher of the El
Paso Herald, says there have been
substantial gains In every branch of
business hereabouts In the last three
months, and he would like to know
what license the organisations that
put out the business charts satis
.tics had for marking El Paso black,
dead black. It was wrong and wholly
misrepresentatlve. he declared. The
truth now is known, ha adds, and
those who erred are trying to correct
their error. In his Judgment, this
winter will show not a revival, but a
return to the best In the southwest.
Greater Sales Reported.
Department - store people report
report from 15 to 25 per cent Increase
Id the number of sales, but reduction
in money volume. One of the sur
prising statements made by some of
them is that the Mexican people buy
excellent quality of goods, all things
considered and. In proportion to in
come, buy more liberally than Ameri
can patrons.
As evidence of the purchasing power
of El Paso, the local traction people
tell of offering portions of two bond
issues to El Paso residents and in
each Instance the allotment was
oversubscribed In a Jiffy. Collections
are good and savings deposits high.
El Paso has a fine. asset in Fort Bliss.
That brings millions of dollars of
trade to the city each year.
El Paso is- quite dry, although
Juarez, across the river, 1b very wet.
CICE'STEERS AD1ICE
TOP QUALITY QUOTED QUAIt
TEIt HIGHER AT YARDS.
Another Sale of Valley Shropshire
Lambs at $7 Hog Market
Is Steady.
The livestock market was quiet, as only
four loads were received at the yards.
Top steers were lifted a quarter to $8.50,
with the sale of a load shipped in by
J. E. Kennedy of Maupin. Or. In other
respects, cattle quotations were unchanged.
The nor market was steady at former
prices and sheep and lamb quotation,
were unchanged. There was another .ale
of valley lamb, at $7. They were fancy
Shropshlres .hipped In by the Bilverton
Livestock company.
Receipts were 42 cattle, 128 hogs and
26.'! sheep.
The days sales wee as zoiiows:
30 steers.
1 cow . .
1 hog...
20 lambs.
96 Iambs.
98 tern In.
1 yearl .
1 yearl.
41 yearl.
8 wethers 112
1 steer.. 1080
1 teer.. 1110
1 cow . .. 8U0
2 cowl. . 975
1 cow... 11SO
Wl. Price.
94 $U.:,ol
6IXP 3.50
400 ,1. OKI
60
69
.-.
l-'a
80
11.1
4.00
6.00
8.50
4.50
6.00
4.2S
5.00
O.r.u
S.uOl
4.."o
10 cows..
6 cows. .
11 cows.
1 bull...
3 bulls..
28 hog...
7 hog..
24 hog. .
13 hogs. .
1 hog. . .
4r hogs.
8 hogs. .
S hog. .
144 lamb..
Wt. Price.
99 $4.2.1
e.'O 4
878
50
lis:!
179
844
110
110
4:t0
2.7r.
3..-.0
a.r.o
0.75
7.75
e.ro
9.50
7.
J.-.l 10.00
2i'.0 9.00
148 9.50
70 7.00
Prices Quoted at the Portland Union
stockyards were as follows:
Choice steers S 6 00 6. SO
Medium to good steers s.oot$ 8.00
Fair to medium steers B.OOitf 5.50
Common to fair steers 4.00a 0.00
Choice feeder. 4.51)0 5.00
Fair to good feeders 3.7.1g 4.50
Choice cows and heifers 4.5oia 5 25
Medium to good cows, heifers. 4.00'ai 4.50
Fair to medium cows, heifers. 3.500 4.50
Common cow. 2.75 8.50
Canner. 1.60I& 2.75
Bull. 3.0oij 4.00
Choice dairy calves lO.OOfc lu.50
Prime light calves 10.00
Medium light calves B.IO'i 9.50
Heavy calves 6.00(3 6.50
Hop
Prime light 9.505(10.00
Smooth heavy. 250 to 300 lb.. 8.GOi 1( 00
Smooth heavy, 300 lbs. up.,. 7.00 'if 8.00
Rough heavy ,. 5.00'J- 7.00
Fat pigs 8.50W 9.00
Feeder pigs 8 50 9 9.00
Stags .(XJa 6.00
Sheep
East-of-mountaln lambs .... 6 SO 131 7.00
Beat valley lambs 6K 6 00
Fair to good 6.O013 D.50
Cull lambs SMDHt 4.00
Eastern Oregon feeders ..... 4.50'iu 5.00
Light yearling. 4.50$ 5.00
Heavy yearlings 3.500 4.00
Light wether. 3.500 4.00
Heavy wethers 2.500 3.50
Ewes 1.00 3.00
Chicago Livestock Market.
CHICAGO, Oct. 14. (U. S. Bureau of
Markets.) Cattle Receipts, 4000. Beef
steers strong; spots higher on choice corn
fed; no prime yearlings here; early top
yearlings, $10.50; choice 3631-pound steers,
$11.65; bulk beef steers, $0.256 0 25: she
stock and bulls .low, steady. Calve.,
.tockers and feeders steady; best vealcrs
to packers. $11.
Hogs Receipts, 18.000. Mostly 10c to
15c higher on better grades; others steady
to 10c higher. than yesterday, average;
top. $8.60; bulk light, and light butchers.
$s.30' 8.60; bulk packing sows, $6,850
9 40; pigs strong to 25c higher; bulk, de
sirable, $8.0008.25.
Sheep Receipts, 14.000. Fat native
lamb, steady to 25c lower; western. 15c
lower; sheep and feeder lambs steady;
native lamb, to packers, mostly $8,500
8 75; quality plain; one string western
lambs, $9.00; sheep mostly medium and
heavy weight, $4.00 down.
Kansas City Livestock Market.
KANSAS CITY, Mo., Oct. 14. (TJ. 8.
Rureau of Markets.) Cattle Receipts,
2300. Quality plain; several loads steers
on through billing; beef steers dull;
mostly steady to weak; spot. 25c lower;
early sales $5.009 7.25 ; other classes un
even but mostly steady; few cows. $4.00
f4.r0; most sales ranners, $2.25(92 50;
cutters, $2.60 3.00; few vealers. $9.50.
Hogs Reoelpt.. 1500. Generally steady
to 10c higher; best 2o0-pound weight, to
shippers. $8.10: to packers, $8.05; 140 to
170 pound weights, $8.00; mixed droves
mostly $7.50) 7.90; bulk of sales. $7,400
8.05; packing sows and pigs steady.
Sheep Receipts. 2000. Killing classes
steady; western ewes, $4.75; lambs, $8.50.
.Omaha Livestock Market.
OMAHA, Oct. 14. (U. S. Bureau of
Markets.) "Hogs Receipts. 5000. Active
steady to lOo higher: bulk medium and
light butchers. $7.50-ff 8 .25 ; top, $8 35;
bulk packing grades, $6.353!6.85.
Cattle Receipts. 1500. Ail classes gen
erally steady; top yearjlngs, $9.00; no
choice fed steers here.
Sheep Receipts. 2000. All classes
steady; native and fed lambs, $7.000 8 50;
no western lambs here; best ewes, $4.10.
, Cotton Market.
NEW YORK, Oct. 14. Cotton: Spot,
quiet. Middling. 19.55c.
DAILY METEOROLOGICAL KErORT.
PORTLAND. Oct. 14 Maximum tem
perature. 65 degrees: minimum. 66 degrees
River reading. S A. M.. 2.4 feet: chanee In
last 24 hour.. 0.5 foot rise. Total rainfall
(5 P. M. to 5 P. M ), 0 39 inch: total rain
fall since September 1. 1921. S.86 Inches:
normal rainfall since September 1, 8.49
Inches; excess of rainfall since September
1. 1921. 0.17 inch. Sunrise. 6:27 A M :
sunset, 5:27 P. M. Total sunshine October
14, 8 hours 8 minutes: possible sunshine,
11 hours. Moonrlse, 4:29 P. M.; moonsot,
4:06 A. M. Barometer (reduced to sea
level) at 6 P. M.. 29 88 Inchea Relative
humidity at 5 A. M.. 89 per cent: at noon.
75 per cent; at 5 P. M.. 69 per cent.
THS WBATHgR.
STATIONS.
0 ty
M
a
Baker
BoiM
Boston
Calgary ....
Chicago ....
jDenver ....
Da Moines..
Eureka ....
Galveston . .
Helena ....
Juneaut ....
Kansas City
Loa Angeles.
Marahfield .,
Medford
Minneapolis
New Orleans
New York...
North Head.
Phoenix . . . .
Pocatello ..
Portland ...
Rose burg ...
Sacramento
St. Louis. . ..
Salt Lake...
San Diego. ..
S. Francisco.
Seattle
Sltkat
Spokane ...
Tacoma,
Tatooah. lid.
Valdext
Walla Walla
Washington.
Winnipeg .
Taklma ...
Wind I "
I ? '
o o Weather.
h 5"
3
56 O
.S O
72 O.
6K 0.
6rt 0
74 0
72 0.
70 0.
74 O
68 0.
'500
72 0.
68 O
5 0.
MO.
700.
72,0
66 0.
56 0.
92 0
74 0.
65 O.
70 0.
64 0
68 0
78 0.
70O
66 O
64 0
62 0
80 0
620
58 0
48 0
88 0.
68 0.
62 0.
66 0.
I71ear
Pt. cloudv
fclear
Clear
Cloudy
tl't. cloudy
Pt. cloudy
iCloudy
00; . it "i.wi
tf ...SB iT-lnMHv
IH1 . . K W
001. .BV
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.001. .'SB
.00!. .IW
22:12 SW
.08'. .IN
.00:14. s
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00 14 SW
30 30 S
.OO1..1NW
25(--(S
on,
lll...SW
.081. .jK
.00:20 a
00 . .;n
Pt. cloudy
4'lear
Pt. cloudy
Cloudy
Clear
Clear
Clear
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Clear
Cloud
Cloudy
(clear
Rain
fclear
Pt. cloudy
i'14 NW'Pt. cloudy
.31 . ,LSK
40 in h
00I..I...
041. . S
so . . 'sw
41 30 .4
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12 .. SEC
.on;, .x
Rain
Rain
Rain""
Cloudy
Cloudy
Rain
jciear
OO) 10 NW'pt. cloudy
ui!..,a icioudy
tA. M. today,
day.
P. M. report of preceding
FORECASTS.
Portland and vicinity Rain; fresh south
erly gsles.
Washington and Oregon Rain; fresh
southerly galea,
EXPORT WHEAT BIDS
BELOW VALUES HERE
Foreigners Are Buying Now
in Cheaper Markets.
LARGE SURPLUS TO MOVE
Better Orfers Prevail on Local
Board Ten Thousand Bushels
White Wheat Sold.
Export esbles yesterday were mors hope
ful as reflecting better conditions abroad,
but offered no encouragement to shippers
here. Bids came through as usual, but
were several cents out ef line with values
prevailing at this end. It has been several
weeks since any tonnage was chartered,
and unless the foreign markets' advance
more or the markets here decline foreign
business cannot be resumed.
There is still a lot of wheat to be dis
posed of In the Pacific northwest, in fact,
more than was available for the entire
season last year, so It ts beginning to be a
question In the minds ot the trade how th
big surplus Is to be worked off. Ths Jap
anese are still Inquiring, but ars offering
low prices, and It looks ss If their re
quirements for the season are about filled.
Europe, of course, will continue to buy
wheat, but in the cheapest market. It is
hoped that rail business with the middle
west will develop. At the present time,
however, the farmer. In that section have
a good percentage of their crop and are
holding firmly, as here. The eastern busi
ness, when it. opens up, will have to be of
great proportions to make an Impression
on the stocks remaining on the Pacific
coast If the export demand. In ths mean
time, does not revive.
' Nearly all grades of wheat were higher
on bid at the Merchants' Exchange yes
terday In line with the Chicago advance.
Sales were 5000 bushels of November white
club st $1.10 and 5000 bushels of Novem
ber soft white, slso at $1.10, in each case
an advance ot i cents over Thursday's of
fers. The coarse grains were quiet. Novem
ber oats were 50ctfr$l lower, and brewing
barley was down SO cents. A Chicsgo re
port estimated 1,000,000 bushels, mostly
Manltobas, taken for export. The Cana
dian movement of wheat is very heavy
and no letup la looked for until some time
ui November.
Exports from North America this week
were 7.250.000 bushels wheaf and flour,
and 2.500.000 bushels com. Xast week's
exports were 8,000,000 bushels wheat more
than reported.
Argentine shipments this week were:
Wheat 186.000 bushels, oats 221,000 bush
els, corn 2.493.000 bushels. Argentine
visible this week, wheat 2,200,000 bushels
versus 185,000 bushels last year.
Terminal receipts, in cars, were report
ed by the Merchants' Exchange as follow
WhL Bar. Fir. Ots. Hay.
Portland Frl.... 12
Tear ago 60
Season to date. .1.1044
Year ago .0447
Tacoma Thurs.. 62
Year ago 49
Season to date.. 4B07
Year ace. 2142
Seattle Thurs... 42
Year ago 49
Season to date. . 8069
Year ago 17
1
102
66
71
26
1
1
OO
100
6
769
i:t
25
512
270
7
690
110
1
1
402
309
3
'72
58
1
20fl
99
15
9
466
456
7
230
4.1
5
7
5
696
WHEAT COSTS IN 1920 ABE HIGH
Results of Survey . Made by Department
of Agrloultuse.
The cost of producing winter wheat in
1920 showed about as high sn average as
In 1919, according to a preliminary report
on farms surveyed In 10 counties In the
winter wheat belt, issued by the United
States department of agriculture. The
range In cost for the bulk of the crop (80
per cent of production) on 216 owned
farms surveyed In 1920 was found to be
$1.20 to $2.50 per bushel as compared with
$1.30 to $2.50 for the bulk of the crop
produced on the 284 farms surveyed in
1919. In 1920, about 46 per cent of the
operators held their costs down to the
average ($1.80) or lower; In 1919, with an
average cost of $1.87, 47 per cent of the
operators kept their cBsta within that
limit.
With costs slmost ss high ss those of
the previous year, snd with a declining
market, many of these farmers sustained
heavy losses on their wheat. In eight of
the 10 counties surveyed only 10 to 20
per cent of the wheat wss hauled direct
from the machine to the elevator. On
that part of this wheat. which was sold
immediately the operators got the benefit
of the prices that prevailed before the
slump, which began soon after the 1920
crop began to come on the market.
The results of the survey serve to stress
the Importsnce- of yield per acre as a fac
tor influencing the cost per bushel. It
was found that the operators having costs
of $1.20 or under per bushel could boast
yields ranging from 12 to 81 bushels per
acre, while those so unfortunate as to
have wheat costing $4 or more per bushel
had yields ranging from as low as three
up to seven bushels per; sere.
APPLES STEADY AT SHIPPING POINTS
, '
East Is Well Supplied and Markets Are
. Irregular.
Apple rfrtee. show no change at f. o. b.
points, and, as heretofore, . the number of
carlot sales reported were small. Prices
ranged: Wenatchee valley, medium to
large, Wlnesaps, extra faacy, $2.152.25;
fancy, $1.90 1? 2; Taklma valley Wlnesaps,
C grade, medium to large, tl-50: Romes,
fancy, large, $2; Jonathans, extra fancy,
medium ta large. $2; Delicious, extra fancy
medium to large. $2; other northwestern
districts, Romes. extra fancy, medium to
large. $1.90.
The eastern markets were generally
steady. Chicago reported a slight im
provement in the demand, but at Boston
the market was slow and some stock was
put Into storage. New York reported
heavy stocks of boxed apples with a mod
erate demand for good grade and the
market slightly weaker. Northwestern ap
ples sold to New .York Jobbers as follows:
Jonathans, extra fancy, large, $2.7533,
few high as $3.25; small to medium, $2.23
6 2 50; fancy, large, $2.5002.75; medium
mostly $2.25; small mostly $2; C grade,
medium to large. $22.23; small, $1.752;
Winter Bananas, .extra fancy, large, $3.50
S-75; medium to small,. $398.25; fancy,
large, $33 25; small to medium, $2,509
2.75; C grade, medium to large, $2,259
2.50. Delicious, extra fancy, fair condition,
large, $4.2594.50: medium. $3.7A4; small.
$8r3.50; fancy medium, I3S 25; small,
J2. 5082.75. Rome Beauties, extra fancy
large, $308.23; small to medium, $2,500
2.75. Mcintosh, fancy, medium to large.
$308.23; small. $2.7602.90.
CUBE BCTTEB MARKET IS FIRMER
Fresh Oregon Extras Selling TJp to 40
Cents.
Ths cube butter market wss firm. Thers
were fair offerings of eastern butter, but
fresh Oregon cubes of the better grades
were scarce and extra were quoted at 45 0
46 cents.
Ths egg sltnation was not materially
changed. Several cars of storage eggs
hava been shipped out and efforts are be
ing made to reduce the remaining holdings
before the fall lay begins. Fresh ranch
eggs were in small supply and the market
was not active. Candled fresh stock was
quoted at 4Sff50 cents.
All lines ot poultry were steady and un
changed. Country dressed veal was wsak
with 1 cents the top quotation.
Fair Demand for Crapes.
There was a fair demand for grapes, but
the supply was lsrge and the market In
clined to be weak. Southern Oregon stock
Mid at from $1.5002.25, according to con
dition, the top price being quoted on ship
ping quality. Local Concords ranged from
4H to 6 cents a pound.
LIBERTY BONDS. LIFTED
G.VIXS RANGE FROM FRAC
TIONS TO 50 POINTS.
Bank Clearings.
Bank clearings of the northwestern cities
yesterday vert as follows:
Olesrlngs.
$6.74S.0t;8
7.34B.1H3
81IS.209
2.100.337
Portland
Seattle .
Tacoma
Spokane
Balances.
$ 624.603
1,407,114
94.056
691,387
PORTLAND MARKET QUOTATIONS
, Grain, Flour, Feed, Ete.
Merchants Exchange, noon session:
. -Bid
Wheat Oct. Nov.
Hard whit $ 1 08 $ 1.08
Soft white 108 1-08
White club 1" 08
Hard winter 1-08 108
Northern spring 1-06 . 106
Red Walla 1.01 101
Oats
No. 2 white feed 25 00 26 .00
No. 2 gray 24.00 24.00
Barley
Brewing 25 50 25.50
Standard feed 24.00 24.00
Corn
No. 2 B. T. shipment IS O0 '
No. 3 E. Y. shipment 25.00 25.00
FLOUR eamliy patents, $7.40 per bar
rel: whole wheat. $6.20; graham. $6.00;
bakers' hard wheat, $7.23; baaers blue
stem patents, $9.74; valley bakers, $6.00.
MILLFEED Price, f, 0. b. mill: Mill
run, $22 per ton; rolled barley. $34038;
rolled oats. 135: scratch feed. $48 per ton.
CORN Whole, $34; cracked. 138 per
ton.
HAT Buying price t e. n. Portland:
Alfalfa. $15 per ton: cheat. $12012.50;
oat and vetch, $14014.50; clover, $12; val
ley timothy. $15015.50; eastern Oregon
timothy, $18018.60.
Dairy and Country Prod ace.
'BUTTER Cubes, extra, 4504o lb.;
prints parchment wrapped, box lots, 80c;
cartons, 61c. Butterfat, buying prices: No.
1 grade. 47o. delivered Portiand-
EGCJS Case count. 42c; candled ranch.
46Sii50c; association firsts, 58c; association
selects, 65c; association pullets, 42c,
CHEESE Tillamook triplets, price to
Jobbers f. o. b Tillamook, 25c; Young
America. 20c pound.
POULTRY Hens, 17 0 270 Ib.J springs.
23 0 28c; ducks, 20026c; geese, nominal;
turkeys, Uve,sV15c.
PORK Fancy. 14014e per pound.
VEAL Fancy, 15c per pound.
Fruits and Vegetables.
FRUITS Vslencla oranges. $508 per
box; lemons, $3.5008.25; grapefruit. $50
9 per box; bananas, 89c lb.; apples,
$1.2502.35 box; peaches, $12501.50 box;
Pears, $1.75t2.50 box; hucMeberrles. 80
13c per pound; grapes, Oregon Tokays,
$1.50 if 2. 25 per lug; Oregon Malagas. $1.50
62.25 per lug; Oregon Muscats. $1.50&2 25
per lug; Oregon Concords, 4".8c per lb.;
California lady fingers, $3.73 per crate;
casabas, 208c per pound; cranberries.
$4.5U&5.25 per box; quinces, 2. 25 4j 2-73 per
box.
POTATOES Oregon. $202.25 per
pound; Taklma, $2.25 hundred; sweet
potatoes. 45e per pound.
ONIONS Yellow. 13.500 4 per sack.
VEGETABLES Cabbage. 23o lb.;
lettuce, $2.50 0 2.75 crate: carrots, $1.30
02 per sack; garlic, 10020c per pound;
beets, $202.21 per box; cucumbers.. 750
90c per box; beans, 70 80 per pound;
green corn. $2fr2.30 sack; celery. 50ce$l
perdoaen. $2.50 box; green peppers. 60
10c pound; cauliflower, $2t2.23 per dozen;
pumpkins, 2Vic per pound; squash, 2!c
pound.
Staple Groceries. .
Local jobbing quotations:
SUGAR (sack basis) Cane, granulated,
8. Sic pound; beet, 6.15c.
NUTS Walnuts, Manchurisn. 20 0 24 He
pound; Brazil nuts. 18020c; filberts. 200
25c; almonds, 26 0 27c; peanuts, 8V2C per
pound.
RICE Blue Rose, 7c per pound; Japan
style, 8c per pound. .
BEANS Small white, 6.85c; larae
white, 8.85c; pink. 7c; lima, 707ttc;
red, 10c per pound.
COFFEE Roasted, bulk. In drums. 18
0 354c per pound.
SALT Granulated, bales, $8.2004.05;
half ground, ton 60s, 117.25; 100s, $18.25.
HONEY Comb, new crop, J6.5O07 per
"dRIED FRUITS Dates, $7 per case;
figs, $1.400375 per box; apples, 16c lb.;
peaches, 15017c; apricots, 28026tee;
prunes, 7U12c.
nides, Hope, Ete.
TALLOW No. 1. 8tt04c; No. 1. 2020
per pound.
CASCARA BARK 5e a pound, delivered
Portland.
HOPS 1921 crop, 25028e per pound;
1920 crop, nominal, 20c.
HIDES Fresh cured, 4?4He per pound:
calf. 11c per pound; kip, 6c per pound.
WOOL New clip. 8vf20c per pound.
MOHAIR New clip, 16o per pound, de
livered Portland.
Provisions.
HAMS All sizes. 81 033c: skinned, 280
33c; picnics, 18c; cottage roll, 20c.
BACON Fancy. 42047a; choice. 290
4c; standard, 23027c.
LARD Pure, tierces, 14c pound; com
pressed tierces. 13 M; c.
DRY SALT Backs, 19 0 23c; plates, 18a
Oils.
LINSEED OIL Raw. in barrels. 89e;
5-gallon cans, $1.04. Boiled, In barrels,
91c: 5-gallon cans. $1.06.
TURPENTINE In drums. $1.00; 5-gallon
cans. $1.15.
WHITE LEAD 100-pound kegs. 12ttc
er pound.
COAL OIL Tank wagons and iron
tarrels. 17 c; cases. 30 & 37c.
GASOLINE Tank wagons and Iron
SAN FRANCISCO PRODUCE slARKET
Prices Current on Vegetables, Freeh Fruits,
Etc., at Bay City.
SAN FRANCISCO. Oct 14 Vegetables
Artichokes, $7.50010 oase; squash, 5Oc0
$1.23 40-lb. lug; potatoes. $2(53.60; onions,
yellow, $3.25; brown, $.50 0 3.75; crystal
wax, $3; tomatoes, 50c G $1 a lug; cucum
bers, 35075c a lug; bell peppers, 304c;
beans, string, 305c; limas, 5(80; carrots,
$101.23 a sack: eggplant, $101.25 a lug;
corn, $2fr3 sack; lettuce, 75c&$l crate;
celery, $203 crate; peas, 7012c lb.; spin
ach, 4c lb.; sprouts. 7 08c lb.
Poultry Hens, 2533e; youni roosters,
204i 25c; old roosters, 16&18c; young chick
ens. 30050c; ducks, 210 33c; dressed tur
keys. 45c; live. 35050c.
Fruit Oranges, Valencia, $40$6.5O;
lemons, $3.5005.75; grapefruit, $405.50:
apples, 3hi and 4-tier. $1.40f;'3.50; straw
berries, per crate, $1.40 01.65: raspber
ries, per drawer, 65075c: blackberries,
per drawer, 40 050c; peaches, per box,
$1.50 01.75; cantaloupes, standards, $1.73
02.25; figs, nominal; plums, nominal;
casabas, doz., 65c$l; watermelons, per
doz., $102.50; grapes, per crate, seedless,
$2 0 2.50: others, $1.23 01.75: pears, per
box, $2.50$; 4; prunes, per crate. $1,500
1.75; cranberries, per box, $4.5005.
Receipts: Flour, 872 quarter sacks; bar
ley, 44,010 centals: corn, 104 centals; pota
toes, 4637 sacks; onions, 3159 sacks; hay,
50 tons: hides, 140; oranges and le:nons,
800 boxes.
QUOTATIONS OX DAIRY PRODUCE
Better Prices Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO, Oct. 14. Butter
Extra, SOc; prime firsts, 4Sc.
Eggs Extras. C4ftc; extra firsts, 60c;
extra pullets, 41c; undersized pullets, No.
1. 3H4c.
Chee California flat fancy. 24c; Cali
fornia flat firsts. 20c; California Young
America, fancy, 26 He.
NEW YORK, Oct. 14. Butter, firm.
Creamery, higher than extra., 4848Hc;
creamery extras, 47 toe; creamery firsts.
38 (g 46 lie.
Eggs Steady. Freeh gathered extra
firsts. 50054c; do firsts, 43048c.
Cheese Irregular. State whole milk
flats, fresh, specials. 22 4 023c ; state whole
milk twins, specials. 22 022 fee.
CHICAGO. Oct 14. Butter, unsettled.
Creamery extras, 45c; firsts, 350 44c; sec
onds, 31033c; standards, 40c.
Eggs, unchanged. Receipts, 3937 cases.
SEATTLE, Oct 14. Eggs, select local
ranch, white shells, 58c; do mixed colors,
SOc; pullets, 42e.
Butter City creamery cubes, 46c; bricks
or prints, 48o.
Naval Stores.
SAVANNAH, Ga., Oct 14. Turpentine
firm; 67 c Sales, 217 barrels: receipts.
858 barrels: shipments, 549 barrels; stock,
10.285 barrels.
Rosin firm. Sales, 1148 casks; receipts.
496 casks; shipments, 1780 casks; stock,
85,029 casks. Quote, B. $4; D. $4.10; E,
$4.15; F, $4.20; O, $4.30; H, $4.85: I,
$4.40; K. $4.60; M, $6.05; N, $3.20; WO,
$6.45; WW, $5.60,
Stock Market Irregular With Oils
Firm and Other Classea
TJnder Pressure.
NEW YORK, Oct 14. Apart from the
Increased prominence of minor speculative
issues, some of which extended their gains,
there was little of note or significance in
today's professional stock market session.
Opinion among traders appeared to be
more confused, probably as a result cf
latest phase, bearing upon labor and In
dustrial conditions and the detached atu
tuue of the public
Money rates were firm at the outset but
the 6 per cent rate was lowered to 6 per
cent later, when It became evident that
tomorrow's heavy payments to meet ma
turities on certificates of Indebtedness snd
liberty bond interest would be accomplished
without strain.
A large proportion of the day's business
again embraced the cheaper domestio oita,
their activity being accompanied by further
upward revision of prices for various prod
ucts. Popular Issues of that group were
chiefly represented by Mexican Petrol
eum, although a 8-polnt rise in that stock
was reduced to 1 at the heavy close.
Steels and equipments, also motors and
their accessories, suffered losses of 1 to 8
points and rails led the general decline ot
the last hour with sugars, chemicals and
rubbers. Sales amounted to 633,000 shares.
A sharp recovery In sterling, attributed
to purchases of demand bills to meet mid
October cotton and grain payments, was ot
ohief Interest In ths foreign exchange mar
ket Nearly all other European remit
tances were sppreclably firmer, even the
German rate showing some support Far
eastern, exohanges. notably the Chinese and
Japantlie quotations, also were better.
Liberty bonds and victory notes were
stronger by fractions to fully 60 potnts,
neither series, however, making new high
records. The general bond list was uneven,
but some rails. Including Seaboard Airline
issues, strengthened perceptibly. Total
sales, par value, $16,775,000.
CLOSING STOCK QUOTATIONS.
(Furnished "by Overbeck t Cooke Co..
Portland.)
Stock.
Agr Chem ...
Ajax Rubber..
Alaska Gold..
Alaska Juneau
Allied Chem..
Allis-Chal ...
do pf d ....
Am Beet Sug.
Am Bosch , .
Am Csn Co...
do pfd ....
Am C Ac Fdy.
do pfd ....
Am Cot Oil...
do pfd ....
Am Drug Syn.
Am H Lea.
do pfd ....
Am Ice
Am Int Corp. .
Am Linseed..
Am Loco ....
do pfd ....
Atlantic Pet..
Am Snf Raz. .
Am Ship at Co
Am Smelter...
do pfd ....
Am Snuff ...
Am Steel Fdy.
Am Sugar ...
do pfd ....
Am Sumatra..
Am T & T ...
Am Tob
do "B" ....
Am Wdol ....
do pfd ....
Am W P pfd.
Am Zinc .....
Anaconda ...
Aaxd Oil
Atchison
do pfd
Atl O & W I.
Bald Loco ...
do pfd ....
Baltt & Ohio.
do pfd ....
Beth St "B"..
n R T
Hutte C ft z..
Butte & Sup..
Burnes Bros. .
Caddo Oil ...
Cal Pack ....
Cal Pet
do pfd ....
Can Pac
t'en Leather..
Crro de Pasco
Chand Mot...
Chi & N W...
Chi Gt West..
do pfd .....
Chili Cop
Chino
CXISiP...
do pfd
Coco Cola ...
C ft O
CololF & I...
Colo Sou....
Col Gas & El.
Col Graph....
Con Gas .....
Cons Cigars..
Contl Can....
Corn Prod....
Cosilen Oil...
C R I ft P
do "A" Pfd.
do "B" pfd.
Crucible
'do pfd
Cuba Cane...
do pfd ....
Cub Am Sug.
Del ft Hud...
Dome Mines..
D & R G
do pfd
Emll Johnson.
Erie
do 1st pfd..
do 2d pfd..
Fam Play....
Fed M & 8.,y
do pfd .....
Flsk Tire....
Gaston Wms.
Gen Cigars...
Gen Elec. ....
Gen Motor...
Glen Alden...
Gen Asph....
Goodrich ....
Goodyear ....
Granby
Ot Nor Ore...
do pfd
Gr Cananea..
Gulf S Kteel..
Hask Barker.
Houston Oil..
Hupp Motor..
Ill, Cent
Inspiration ..
Int A O Co...
do pfd .!...
Int Cal
Int Harv ....
do pfd
Int Merc Mar
do pfd .....
Int Nickel....
Int Paper ...
Inclnc Oil....
Island Oil ...
Jewel Tea . . .
K C Sou
do pfd .....
Kelly-Spgfld ,
Kennecott ...
Keyston Tire.
Lack Steel ...
Lee Tire ....
Lehigh Valley
Sales. High. Low.
200 83 33
8,400 21 19
100 V,
4O0 i
600 45 . 45 V,
2O0 83 83
""906 'ii'A 'is
40 84 V, 831,
400 26 26 V.
"i66 'is .'isx
"ioo "44,4 "i't
100 IO14 lOVi
100 61 51
"i.ioo "3214 '114
800 25 ii 24 V,
600 0V, SOVi
"'506 'iov,-
300 4Vs 4
""706 "87V4 , 'S6V4
100 75 75
100
8.200
0
1.4CO
7oO
800
loo
1.400
24H
641,
74
37H
I08 V,
124 H
124
75
24 H
52 V.
78 '4
36H
107 vt
1241,
124
74 14
1.900 40 40
700
20
4.1O0
10,100
'iiooo
1K
(.100
100
1,900
200
S.OOO
100
7.1 IX)
1,600
400
1.4W1
300
100
IOO
1.300
5(H)
5.100
2.500
1.800
200
2,000
'"400
1.100
4O0
"ioo
4.3110
2.400
2 200
1.800
is. ioo
"406
6O0
500
' 8O0
200
400
1.000
200
1 100
, 200
. 100
' 9O0
4, GOO
V.A06
200
1.800
100
1O0
100
8.5O0
1,100
86 '4
81 v,
27
87
'3714
51 ,
63 ,
7i
13
65 4
42V,
78
112
'20
40
67
7v.
16
128
25 4
25
39
85
54
24
"ei uj
8
89
SR
so
20
85
'36
51
D'J
7
12
85
40
78
111
'29
40
67
7
16
12
24
23
3(1
S3
34
24
"ii"
84-
89
43 45
78 77
33 31
33 33
79 79
'eoi, "is
"eii "
16 13
11 10
101 100
18 18
'ii '12""
18 18
"09" 57
" 16V4 'io
88 BS
123 124
9
30 SO
54 53
30 30
7 2 "4,
2 Hi
36
68
67
11
71
21
8K
68
64
11
800
500
"ioo
100
1.000
900
13.700
21,200.
V.200
100
1.400
3,800
800
BOO
500
8.O0O
3
76
"io"
411
13
48
14
3
25
AO
6
22
10
80
27
64
34
3
76
'io"
46
13
47
13
3
'i-i
5'l
40
22
10
30
20
03
Bid.
33
1U
- 45
83
76
25
83
20
S3
127
los
18
38
4
10
60
68
81
24
89
104
18
4
6
80
75
104
24
62
73
3
IO8
124
123
74
23
9
40
02
86
SO
26
85
97
86
51
62
7
4
108
103
12
65
40
78
118
26
20
40
7
7
16
13
24
23
80
84
64
24
84
61
3
8
"2
44
77
81
82
7
60
68
6.1
6
15
10
100
18
1
63
12
17
12
67
6
25
10
s
58
124
80
53
30
10
17
27
71
21
37
8S
64
11
96
34
7
87
3
75
100
10
4
13
47
13
3
10
25
60
.4
21
10
30
2A
53
Lorlllard 147
Lowe Thea'rs
L ft N
Marland Oils..
Mex Pet
Miami
Mid States Oil
Mldvale Steel
M K ft T
do pfd....
Mont Power..
Mont Ward..
Mo Pac .....
do pfd.....
Nor Amn ....
Nat Biscuit ..
Nat Enamel..
Nat Lead ...
Nevada Con..
New Haven ..
Norfolk ft W.
Nor Pac
N Scotia Steel
N Y Central..
Okla Prod ref
Ontario Sliver
Ontario ft W
Otis Steel ...
Pacific Dev..
Pac G ft Elec
Per Allegra..
Pacific Oil...
Pan Am Pet..
do "B" ....
Penna
Peo Gas
Pere Marquet
Phila Co ....
Pure Oil
Fierce-Arrow
Pierce Oil....
Pitts Coal ...
Pitts ft W Va.
Pressed 8 tar
Pullman ....
Ray Cons ....
Reading .....
Remington ...
Replogle Steel
Rep I ft 8....
-do pfd.....
Rep Motors . .
Ryl Dutch Oil
Ry Steel 8pg.
Saxon Motors.
Sears 'Roebuck
Fh.ttuck. Arls
Shell T ft T
200
100
400
62.400
l.OOO
1.5O0
2.300
IS
103
25
94
23
13
24
IS
105
24
22
13
23
BOO
400
l.BOO
400
"2OO
100
1.40O
8.800
200
4,900
200
1.3O0
4.100
"366"
800
l.OOO
2,700
2.3O0
1,000
400
00
100
IOO
600
1.900
200
20O
200
liooo '
200
1.700
18
19
42
40
.....
76
12
13
94
73
24
72
2
IS
19
41
.40
"io
76
11
13
93
73
24
72
2
79 19
80
26
41
42
89
86
60
19
29
29
11
7
68
24
"93
13
70
69
25
80.
40
81
88
60
19
29
28
11
8J4
6W
24
"92.
13
08
1.200 49 47
6,800 44 43
1.400 . 69
13
105
22
93
13
23
1
2
54
IS
18
41
. 40
113
40
73
11
1.1
93
73
24
72
2
2
19
9
10
60
25
89
41
39
86
49
19
2i
28
11
7
67
24
65
93
13
69
21
20
47
81
8
43
82
' 2
68
6
13
Sinclair J0.8OO 21 2114
Stand Oil .... 600 79 79
Sioss-Sheff ... 100 87 S7
Sou Pacific .. T.SOO 78 77
Sou Ry 80O 19 19
StL&SF... 600 22 22
Stromberg Car
Studebaker ... 9.10O 71 70
Swift ft Co
Tenn C ft C 400 8 7
Texas OH 2.900 40 SS
Texas Pac... 200 23 22
TPC4C... 1.5O0 26 25
Tob Products. 618) 64 6.1
Tran Cont Oil. 16.800 9 8
Union Oil Del 26.0O0 22 21
Union Pac 1.700 120 118
United Alloy..
United Drug.. 8OO 68 B8
United Fruit.. 900 109 109
U R Stores... 1.SO0 60 40
U S Ind Ale." 2O0 43 43
U S Rubber... 13.600 4 8 4 6
do 1st pfd.. 3O0 89 88
U S Smelting. 200 82 82
V a Steel I.60O 7S 78
do pfd l'K) 110 110
Utah Copper.. 1.900 63 52
Va Chem inn 2R 2s
do pfd IOO 72 72
Vanadium S-. I.80O 80 SO
Vlvandou .... 100 8 8
Wabash 2oO 7 7
do A pfd... 1,404) 20 20
Western Pac. loo 20 20
Western Union 400 S3 82
West E ft M.. 700 44 44
West Md
White Motors. 200 33 15
Wlliys-Over .. 1,500 5 6
do pfd .... .... .... ....
Wilson Pack
Woolworth ... 700 119 115
Worth Pump. .
W ALE..... .... .... ....
U S 2s, reg
U S 2s, cou
V 8 4s, reg
U O CV 4S. C.
Pana Ss, reg.
Pane 8a cou.
A TAT cv. 6s
Atch gen 4s.
DftRG con 4s
BONDS.
100
ioo
104
104
76
7 Vt
.102
79
68
21
79
$7
77
19
22
29
71
86
8
8S
21
25
62
.8
. 21
118
26
67
10!)
. 40
48
46
SS
?5
110
62
28
80
. 8
7
20
20
82
44
8
15
5
26
S3
117
39
8
r j4K As. ft.1
Nor Psc 4s... 77
Nor Pso 8s... 67
Pao TftT 5... 87
Penn con 4.s 67
S P cv 6s 91
Sou Ry 6s.... 83
U P 4s 82
U S Steel 6s.. 93
Bid.
liberty Bond Quotations.
Liberty bond quotations furnished by
Overbeck ft Cooke company of Portland:
Liberty 8s ....
Liberty 1st 4s ..
Liberty 2d 4s ...
Liberty 1st 4s .
Liberty 2d 4. .
Liberty Sd 4s .
Liberty 4th 4s
Victory 4s ....
Victory 3s
High.
...00.40
"".92' 82
...93 13
...92.82
...94.94
...98.14
...99.40
...99.33
Tjiw.
69.98
92' 48
9.1.00
92.50
91 70
92 92
99 34
99.34
Hid
90.26
92 SO
92.50
93.10
92.68
P4.78
93 06
99 38
99.38
Boston Mining Stocks.
BOSTON, Oct 14. Closing quotations:
Allnues 20 lOld Dominion. .. 23
Ariz Com 8Oseeola 2S
Cal ft Ariz.... 50IQulncy 39
Cal ft Hecla ..240 Superior 2
Copper Rang.. S4Sup A Boston... 1
East Butte.... 9 Vj Shannon 1 1-16
Franklin 2 Utah Con 2
Isle Rnyalle... 20 wlnona 40
Lake Copper.. 2Wolverlns 11
North ' Butte. .. 101
Swift eV Co. Stocks.
Closing prices for Swift ft Co. stocks st
Chicago were reported by the Overbeck d
Cooke company of Portland as follows:
Swift 4 Co 06
Llbby. McNeil ft Llbby 8
National Leather .................... 6
Swift International 23
Money, Silver. Ete.
NEW TORK, Oct. 14. Call money,
easier. High and ruling rate, 8 per cent;
low. closing bid and last loan, 5 per cent;
offered at 6 per cent
Time loans, firm; 60 days, 805 per
cent; 90 days and six months, S03
per cent.
Prime mercantile paper, 6C6 per cent.
Foreign bar silver, 72c.
Mexican dollars 66c.
LONDON. Oct 14. Bar silver, 48 d
per ounce.
Money, 3 per cent.
Discount rates, short bills, 8 per cent;
three months' bills, 4 per cent.
New York Bonds.
New York bond quotations furnished by
Herrin A Rhodes, Inc., OI i'orllanrt.
Am Tel & Tel 8s 1022
Am Tel A Tel 6s 1924
Am Tob 7s 1922
Am. Tob 7s 19-3
Anaconda 7s B 1929
Anaconda 6a .A 1929
Armour cv. 7s 1031
Armour' 4 s .v. 10.10
Am Ag Chm 7s 1041
Beth Steel 7s 1'.'--
Beth Steel 7s 1023
Beth Steel Eq 7s 1935
Belgium Ext 7s 143
Belgium 6s 1925
BelKium 8s 1940
Bergen 8s. City of 1 !.-
Berne 8s. City of 1045
Brazil 8s K"!
Canadian 5s 1926
Canadian 6s 1911
Can Nat Eq 7s 1013
Chi N W 7s 130
CMAStP gnftrf 4sA 2" 14
Can Nor 7s H'40
Chile 8s l!'4t
Chrlstlanla 8s, City of 1045
Copper Kip 8s 1922
Copper Exp 8s ..1923
Copper Exp 6s .......1024
Copper Exp Ss 1925
Cuban Amer Sugar 8s 1U31
Cno Gas cv 7s 1923
Dia. Match 70 l:35
Denmark Ss 1945
Danish Mun 8s 1043
Dupnnt 7s 1011
Frem-h Ext 8s 1945
French 7s 1941
Grand Trunk 7s 1940
Goodyear Sa ....1941
Gulf Oil 7s 1U13
Great Northern 7s 1016
Hershey 7s 19.10
Humble Oil 7s 1923
Int Mar CT 6s 1941
Int Rap Tr 7s 121
Kennecott 7s 10.10
Morris & Co. 7s 1:
Mexican Pete 8s ; 1918
NYC call 7s 1910
Norway Ss 1940
Northwest Tel 7s 1941
Ohio CUli 1925
Ohio Power 7s 1951
Pan Amer 7s 10.10
Penna 6s l'.'IO
N P A U N (Jnt) 6 1916
N P 6s 2047
San Paulo 8s 10.18
Snuthwt Tel 7s 1923
Swedish Govt 6s 1019
Standard Oil, N Y 7s ..... 1031
Stand Oil of Cal 7s 1031
Steel A Tube 7a 1951
Swiss 8s 1940
Sears Roe 7s 1922
Solvay 8s 1927
Swift A Co 7s 1925
t'n Tank 7s 11110
U S Rubber 7s 19:10
Wilson 1st s 1928
West Elec 7s 11125
Westlnghousa 7s 1931
Zurich s. 1945
98
98
101
101
06
91
oo
82
95
loo
98
r0
83
95
1O0
1011
lot
98
93
93
103
103
57
104
99
lot
100
Ml
101
102
IIU
102
105
103
102
99
90
93
103
18S
99
101
98
98
82
SO
9)1
lOl
94
103
103
104
94 V,
94
92
101
103
10.1
97
98
80
107
104
93
106
99
100
9(1
lo.l
101
85
101
10.1
102
Foreign Exchange.
Foreign exchange rates at the close of
business yesterday, furnished by North
western National bank of Portland. The
amount quoted u th. equivalent of the
foreign unit in United States funds:
Country Unit. Rate.
Austris, kronen ..........$ .0012
Belgium, francs 0730
Bulgaria, leva 007A
Czecho-Slovakla, kronen 0118
Denmark, kroner .1910
England', pound sterling 1.8725
Finland, ftnmark .0165
France, franc. 0730
Germany, marks .................. .9075
Greece, drachmas ................. .0450
Holland, guilders 3145
Hungary, kronen .002S
Italy, lire 0308
Jugo-SIavla. kronen 0O54
Norway, kroner .1233
Pnrtoiral. escudos .lolB
Roumania. lei 0D8H
Serbia, dinars 0170
Spain, pesetas 11411
Sweden kroner 120
Switzerland, francs 10OO
China Hongkong, local currency.. .5925
Shanghai, taeis 8400
Jap'an. yen 4d25
NEW TORK, Oct. 14. Foreign exchange
Irregular. Great Britain, demand. $3.87;
cables. $3.87. France, demand, 7.28c;
cables, 7.26c Italy, demand, S.94c;
cable.. 8.95c. Belgian, demand, 7.19c;
cables, 7.19 c. Germany, demand, 70c;
cables, 71c. Holland, demand, 33.37c; ca
bles. 33.43c. Norway, demand. 12.15c.
Sweden, demand, 23.10c. Denmark, de
mand, 18.95c. Switzerland, demand, 18.80c.
Spain, demand, 13.33c Greece, demand,
4.33c. Argentina, demand, 81.75c. Brazil,
demand, 13.12c. Montreal. 91 ,7-16c.
Foreign Bonds.
Foreign bond quotations furnished by
the Overbeck ft Cooke company ot Port
'nl: Bid. Ask.
Belgian rest. 5s , 8
Belgian prem. 8s 101 101
Belgian 7s. 1945 IOO loo
BeliciarvSs, 1941 IOO 1O0
Belgian 6s, 1921 93 , 95
Belgian Us. 1925 95 93
Brazil 8s, (New) 99 99
British 5s. 1922 374 884
British 5s. 1927 3S 875
British 5s. 1929 3U3 875
British vky 4s 280 290
British ref. 4s 270 2!io
Bordeaux 6s, 1934 84 83
Canadian 5s, 192(1 93 9
Canadian 6s. 1929 93 94
Canadian 5s. 1931 93 93
Canadian 6s. 1921 90 loo
Canadian 5s. 1927 8 88
Chilean 8s. 1941C 98 98
Currency 8 10
Denmark 8s, 1943 108 103
Dan. Muni. 8s. 1943 102 102
trench, is, 1U1J tiii 4ii
ARE YOU SEEKING CAPITAL?
Wo will finance your company for expansion or
development by the ale of an issue of stock or bonds
providing you have a meritorious proposition to offer.
Write g 43, oregonian
French 5s. 1031
French 7s. 1941
French 8s, 1045
Paris 6s
German W. L. 5s
Berlin 4s
Hamburg 4s
Hamburg .4 s
Leipaig 4s
Lelpsig 6s ............
Munich 4s
Munich 5s
Frankfort 4s
Italian 6s. 19. 1918 ....
Jap 4s, 1931
Jap Int 4s. 1925
Jnp 2d 4s, 1926
Norway 8s, 1940
Russian 6s, 1921 ....
Russian 6 a, 1928 ....
Russian 6a. 1919 ....
Swiss 6s. 1929
Swiss 8s, 1940 ,
U. K. 6, 1021
U. K. 6s. 1922
U. K. 6s. 1929
U. K. 6 s, 1917
. . 65
. . 99
. . 99
. .IOO
. . 99
..
.. 7
.. 7
.. 7
- .. 1 '4
.... 7
... 7
, ... 8
... 84
84
...106
... 14
... S
... 14
89
107
.98 15-18
88
. .. 90
89
66
90
1IO
loo
1U0
7
8
8
8
8
8
8
8
69
84
84
108
16
4
16
90
107
100
88
90
89
WHEAT CLOSES STRONG
BtXLISH REPORT OX FARM RE
SERVES IS EXPECTED.
Chicago Market 2 t, to 3 Cents
Higher at End of Session; Ex
port Business "Under Way.
CHICAGO. Oct. 14 Belief thst the gov
ernment report tomorrow on stocks of
wheat In all positions would prove bullish
had much to do with a material advance
today in wheat prices. The market closed
strong. 2c to 8c net higher, with De
cember $1.15 to $1.15. and May $1.19
to $1.20. Corn gained c to lc. and
oats finished unchanged to c up. In
provisions, the outcome varied from 6c
decline to a like advance.
Estimates as to the smount of wheat
which the government report would show
to be on hand ranped from 5U0. 000.000
bushels to 550,000.000 bushels, whereas
the total last year was 008. 000. 000 bushels,
and two years ago was 747.000,048) bush
els. Word that exporters had taken 600.
000 bushels of durum and a cargo of hard
winter tended further to strengthen the
msrket. and so, too, did dry weather com
plaints from parts ot Nebraska and Kan
sas. Announcement of a railroad em
bargo against Galveston was largely off
set by news of an active milling demand
for wheat in the northwest. Under sui-h
circumstances, bulls had a decided ait
vantage during the last half of the season.
Moderate declines earlier were ascribed
chiefly to contention that the present ware
house supply of all grain was excessive.
Corn developed firmness with wheat ss
a result of gossip that throughout wide
areas the burning of corn ss fuel this
winter hsd become a prsctlcal certainty.
Oats sympathized with corn.
Higher quotations on hogs helped to
stesdy provisions, except that packers'
selling forced October snd November ribs
to a new lowlevel for the season.
Th Chlrsgo grain letter, received yes
terdsy by the Overbeck ft Cook company
of Portland, follows:
Wheat The market was erratic most of
the session, but developed considerable
strength towsrd ths close, accompanied by
short covering and light offerings. The
thle; bullish incentive was a report from
Kansas City to the effect that country of
ferings have dried up, while milling de
mand continues to broaden, because of In
creased sctivlty In the flour trstle. The
seaboard reported 1,000.000 bushels wheat
worked for export, mostly Manltobas, but
sr.me of It hard winters. On the other
hand, our advices from the Pselflc ensst
said Japan has withdrawn from ths market
snd Is not expected.to he a buyer again un
til after the first of the year. That the con
gestion at the gulf is serious was confirmed
by the announcement that railroads have
embargoed grain shipments to Clslveston.
Domestic trade conditions will bear close
wntching. but we doubt that the demand
which has recently appeared will prove
sufficient to offset the lavk of Important
txport buying.
C-l)rn Trnde wss without feature and
showed only a feeble response Io the ad
vance In wheat. A substantial part of the
selling on the early bulge was by cash
houses presumably representing hedge,
against purchases of cash grain In the
country. Offerings to arrive continue
liberal, with weather conditions favorable
for the movement. Shipping demand was
fair, but could not be called keen and
t-iere are not a few In the cish trade who
sre of the opinion thst eastern and for
eign buyers are about filled up.
Oats Some buying by western interes's
gave this market a fairly firm tone, hut
the trade wss not large and there woe
sufficient selling In the pit -by northwest
Interests In the form of hedging to satisfy
the demand. Receipts were estimated at
130 cars and the cash market was steady at
"'SnuvinK Ct rye credited to export
ers was responsible for today's strength.
The cash market was somewhat firmer at
2 cent, under December for No 2 on track.
Leading futures ranged s follow..
WH EAT.
Open. High.
$ 1.12 $ 1.18
CORN.
.47
.53
OATS.
.S3 .34
.88 .38
Dee. . .
May...
Dec. .
May..
l.lli'
.47
.62
T.nw. Close.
$ 1.11 $ 115
1.16 1.19 V
.46
.62
Deo. . .
May...
.83
.88
.47
.63
.33
.3 b
MESS TORK.
Jan...,
13.00
Jan..
Mar.
Jan .
May
8.72
8 1)5
7 87
7.90
LARD.
8 85 8 75 ;j5
8.92 8.95 8.87
9 SHORT RIBS.
T.S0 7.57 7 60
7 87 7.U0 7.87
i'uh nricea were:
Wheat No. 2 hard, $1.14.
Corn No. 2 mixed, 434i45c; No. 3
yellow. 456 45c.
Oar. No! 2 white. S33tc; No. 1
white. 80 iff 3.1c.
Rye No. 2, SOC.
Barley 43 & 55c
Timothy .eed $4 23I54.7S.
Clover seed $12 18.
Tork Nominal. v
Lard $9.
Bibs $a.65'S!7.75.
Primary Receipts.
CHICAGO, Oct. 14. Primary receipts:
Wheat 1 642.000 bushels, versu. 1.921.000
bushels. Corn 2.026.08) bushels, versus
373.0(8 bushels. Oats 917.000 bushels,
versus 755.000 bushels.
Shipments: Wheat 1.600.000 bushels,
versus 975,000 bushels. Corn 1. 566. 000
bushels versus 203.000 bushels. Oats, 749,
000 bushels, versus 420.000 bushels.
Clearances: Wheat 1,043.000 bushela
Flour 132,000 barrels.
Winnipeg Grain Mnrket.
WINNIPKO. Oct. 14 Wheat: October,
$120: November, $1.17; December,
$1.17; May, $1.22.
Cash wheat: No. 1, $1.21: No. 2. $1.18;
No. 8. $1.14; No. 4, $1.08; No. 5.
$1.00.
Minneapolis Grain Market.
MINNEAPOLIS. Oct. 14. Wheat, De
cember. $1.20: May. $1.26. Barley, 34
4J.32C. Flax, $1.79(ii l.83.
Grain at San Francisco.
BAN FRANCISCO, Oct. 14. Orsln
Wheat, milling. $1 90r2; feed, $1.9002:
barley, feed. $1.17 1 22c; shipping.
$1.25P1.S0; oats, red feed. $1. 45&1.60;
corn, white Egyptian. $1.701.73; red milo,
$1.65 01.70.
Hay Wheat. No. 1. $ISfH8: fair. $13ff
13; tame oats, $12313; wild oats, $104)12;
alfalfa. $12414; stock. $3&10; straw, nom
inal. ,
Seattle Grain Market.
SEATTLE, Oct. 14. Wheat: Ilard white,
$1 08; soft white, red winter, northern
spring, 110"; white alub. $1.09: hard red
winter. $1.10; eastern red Walla, $1.00;
Big Bend bluestem. $1.18.
City dellvory: Corn, whole y.llow, $37;
cracked, $39: feed meal. $39: barley, whole
'feed, $34: rolled, $S6; ground, $36; clipped,
$11; oats, whole feed. $38; rolled, $38;
to
ll
ground, $SS; sprouting, $11; wheat re.
cleaned feed. $45; ail jrrain chop, $.18;
chick feed. $37: chick mash. $54; g 1 own it
feed. $56; growing mash. $52; cvg mssli.
No. B. M.. $47; scratch feed, $40; wheat
mixed feed. $23; cocoanul meal, $27; lin
seel oil meal. $50: soy bean meal. $58.
Hay: Alfalfa, No. 1. $20: mixed No. I.
$22. tllmothy. No. 1. $27; straw, $13,
MEDIUM WOOLS FAVORED CIIIKFLT
Prices Maintained on AU Classes In Boston
Market.
BOSTON. Oct. 14. The Commercial
Bulletin tomorrow will suy:
"The demand for wool has continued
In fair proportion, during thl. week and
nHaa hav Hn flrnilv maintained on all
classes. New business among the mil..
appears to have slackened sotnewnat, al
though It Is hoped that the opening of
spring lines of manufactured clothing may
b well received bv the clothing trade and
ao react favorably upon the manufactur
er snd the dealer, in raw materials.
"Medium wools have been favored
ehi.riv in tha week's business, although
a moderate demand has been In evidence
for fine wools."
Scoured basis: Oregon, .astern No. 1
ataDla. 7S9 80c: fine and fin medium
combing. 70'74e: eastern clothing, u
65c; valley, 650 1U0. ,.
fine atSOlS CholC 80tfT5O
blood combing, 6Sjj72c; blood comb
ing SO'dO-iC; DIOOO. COlllm.. .
r. snd flna medium clothing. 80'u.o;
fine and line medium French combing,
Pulled: Delaine. 802 85c; A A, 75ff80c;
Mohairs: B"st combing, 2730c; best
carding, 22 25c.
RETAIL DISTRIBUTION IS HEATTEB
Manufacturing Operations Show BUgUt
Gain.
NEW TORK, Oct. 14. Bradstreets
morrow win say. . . ..... ,
1. , t ..... ,4 .easonahle fa
weather retnil distribution has further x
pand-d. Heavyweight wearing appare
notably ciotmng, ami. i ''."
but current trade In groceries, hardware
and household goous, iikhih -tableware.
Is suid to be fully fair. Go
reports a. 10 1 ' ' " ' ..
trade column at a l'1' "
time this season.
A perhaps significant feature is the num
ber of cities reporting ueuinuu
working clothes Improved, a reflection
....I it u,lvl.. ,f activity
II1IS lics'llK on., -
. . ..... T, ., rnnrl.
inut line 01 miiiuiaMu... ...
to retail Duying camw
south, but It la worth noting that In son
largo Industrial centers, wners i""
tunng Is specialized ana ii"'ii"""w -
at only nalt speea. rewn .-ujm ........
.. . . . .,,,), tinwev
lag. ftiAnumuoriH - ------
shows a further slight gain, resulting ti
numerous reports ot .mall decreases in un
employment.
Weekly bank clearings were $5, 1 33.1 .5,
OOO.
Toffeo Futures Lower.
NHW TORK. Oct. 14. The market for
cofee futures opened unchanged to 1 point
higher on some buying of late monins ny
brokers who had sold December yesterday.
Otherwise there was no .upport of con
sequence and the market turned easier on
reports that a decline from 80 to 63 cents
per bag In ocean freights from Brazil had
led to the acceptance of lower bids In the
cost and freight market. December sold
off to 7.65c or 7 points net lower and the
market closed at a net decline of 1 to
5 points. October. 7 50c: Hecemner, 1 sic;
January. 7.70c; March, 7.75o; Alay, 7.81c;
July, 7.86o; September, 7. sac.
Spot coffee Irregular. Rio 7s, 8c; Ban'
tos 4s, llf I2c,
Metal Market.
NEW TORK. Oct. 14. Copper, stesdy.
Electrolytic, spot and nearby, 13S'13'c;
later. ISWISVtc.
Tin steady. Spot and nearby, 2.7.23a; fu
tures, 2j.tl2c.
Iron steady and unchanged.
Lead uulet. Snot. 4 704J4.75O.
Zinc steady. East St. Louis, spot, 4.05O,
Antimony, spot, 5 00f?5.23c
New Tork Sugar Market,
NBW YORK, Oct. 14. Raw sugar, esn
trlfugal, 4.23c; refined fine granulated.
0.300.
th
en'
o
It
a
ii
10
ic
.re
t
ITops at New Tork.
NTTW TOKK, Oct. 14. Hops, quiet; state
1921. 40ii4.ic; Paclfio coast, 1921, 33tf3ic;
11)20, 24 V 27c,
Shipment of Butts Heavy.
ABERDEEN, "Wash.. Oct. 14. (Spe
cial.) An average of 30 carloads of
cedar and fir butts are belnsr shipped
by rail from Aberdeen daily, accord
ing; to local mill men. l'ractlcally all
the shipments are destined for Japan.
The water shipments for the orient
also have shown a marked increase
in the last few months and as a re
sult of the demand many of the
smaller logging camps and shingle
mills have started operating-.
HERRIN & RHODES, Inc.
F.tahll.hed 1898.
. BROKERS
New Tork Stocks. Honda, Grain. (Vital .
.'rival. " ires, aicniners vuicago
Hoard of Trade.
201-3 Railway Exchange Bldg.
Telephone Main 283-284.
TRAVELERS" GUIDE,.
SOUTH AMERICA
EUROPE
rtra-olnr Sailings
Tin? ROTAL MAIL STEAM PACKET CO.
TUB PACIFIC STEAM NAVIGATION CO.
Rainier Bids;. 208 Marina St.
(Bet. Zd and Sd Ave.), Seattle.
OR ANT STEAMSHIP TICKST AGENT,
LAMPORT &H0LTLINE
0UTH AMERICA
THE WORLD'S GREAT GARDEN m
Bio de Janeiro, Montevideo
nd Buenos Aires
Regular sailings every three weeka by furor.
oua paaaenger steamers of 2 1,000 ton displace
ment, especially designed for travel in theTrop
Ics. Company's office, 42 Broadway. New York
Ary Steamship or Tourlat Agsnt or Dorse
U. timun. ittu liroaaw&y.
AUSTRALIA
NEW ZEALAND AND SOUTH SEA
ln Tahiti and Raratonxa. Mull and
passenger service from bast Francisco
every its days.
UNION S. H. CO. OF KRW ZEALAND
230 California B San Krasii.es,
or faecal steamaliloanil railroad auencles
ASTORIA AND WAY POINTS
Steamer Service.
Lvs. Dally (Except Sunday) 7t30 P. SL
Splendid sleeping accommodations.
Connections Made for All North and
South Beach Points.
Fare $2 K.aeh Way. 83.40 Konnd Trip,
Aider-St. Dock, nam 142-11-,
'Ihe tlarkina Transportation Co,
STEAMER
FOR
San Francisco, Los Angeles
and San Diejjo
Balling Saturday, 2:30 P. M.
CHEAP KATES
M. Bollam, Agent
121 Third &u Thou Mala 2S.