89!
TUT! MORNTN'O OREGONIAN, TUESDAY, DECEMBER 6. 1921
WHEAT BIDS DDI
. ONE TO TWO CENTS
New Export Business Lacking
in Coast Markets.
JAPAN BUYING IN EAST
China Will Require No Supplies
Before February Shippers
Covering Previous Sales.
The wheat market was quiet at the
opening of the week and the undertone
was easier. Bids on club, hard winter and
oft white were 1 cent lower at the Mer
chants' Exchange and Northern Spring
was down 2 cents. AH coarse grain bids
were unchanged from Saturday.
Thorn wan some wheat buying by ex
porters 4" the country, which was under
stood to be for the purpose of covering
previous commitments. New business Is
till lacking, according to the best infor
mation obtainable. The only inquiry, and
that la small, la coming from the Japa
nase, but the price bid are out of line.
It was reported from New York that
Japan was, buying wheat there and at
the gulf for shipment to Europe, but any
current wants In Japan are being filled
with Australian wheat.
China has enough wheat for the time
being, and according to the latest reports,
will not be In the market again before
the Chinese new year.
The only export business with Europe
Is .being worked on the Atlantic seaboard
r gulf ports. About 800,000 bushels were
taken there yesterday for export.
Wheat at Liverpool was Id higher. The
Buenos Aires wheat market opened 1
3 cents higher.
World's shipments last week of wheat
and flour were from North America 0.360,
OOO bushels; Argentina 101,000 bushels;
Australia 1,318,000 bushels; total, 10,889,
000 bushels against 10,382,000 bushels the
previous week.
Terminal receipts in cars, were reported
by the Merchants' Exchange as follows:
Wht Bly Fir Oats Hay
Portland Monday. . 91 1 22 7 IT
Year ago 8 6 4 4 28
fieason to date 171(52 12 1104 401 Sol
Year ago 7735 149 393 278 970
Tacoma Saturday. 89 . . . 1
Year aro
Reason to date...
Year ago
Seattle Saturday .
Year ago
Season to date . .
Year ago
1
78
42
7 ... 1
774 77 439
449 69 486
14 ... 6
5 12
4320 118 1181 267 869
2833 181 170 214 946
5
nai7
2911
7
20
Al STKALIAN BUTTER MAY GO EAST.
San Francisco Market Reacts After First
Slump In Prices,
TJn'der the Influence of the larger arri
vals of Australian butter, the San Fran
cisco market broke and prices declined
from day to day, making a net loss of 5c
on 02 score for the week. Current re
ceipts were just about sufficient for needs
and, as many dealers bought Australian
butter, there resulted a general lack of
demand for domestic goods. Dealers were
forced to reduce prices to meet the lower
priced imported butter, which sold a-t 40
42c. Buyers stayed off the market on the
decline and took only enough supplies for
Immediate needs. Prices1 went even lower
than was generally expected. ' but at the
close here was a slight reaction, with the
tone of the market steady. It was re
ported that the surplus Australian butter
would be shipped east and dealers antici
pate a firmer market this week. The
closing tone of the market was steady.
The outstanding features of the eastern
butter market were the lighter production
and the corraspondlngly lighter supplies of
fresh butter on the markets, causing firm
er markets, advancing prices, and a'more
general use of storage butter. Chicago led
In the advances but other eastern markets,
though not quite ss firm, were 'advanced
about as much as Chicago. Lighter arri
vals of foreign butter during the week
also had a sentimental effect In firming
the markets. At the close there developed
en all the eastern markets a slightly
Jer undertone. Prices had been raised
pretty rapidly and there was a general
feeling that trading might again become
sluggish. Nearly all receivers were free
sellers and were unwilling to let stocks
of the top grades accumulate. Centralised
cars showed considerable Improvement
during the week hut at the close were also
quiet. Danish arrivals consisted of 621
easks and 632 boxes.
KARLY POTATO MOVEMENT IS HEAVY
Usual Main Supply Has Been Two-Thirds
Shipped.
The 18 states which produce most of the
main crop of potatoes have held the cen
ter of the stage this season. These states
are: Maine, New York, Pennsylvania,
Michigan. Wisconsin, Minnesota,. Iowa.
North and South Dakota, Nebraska, Mon
tana. Colorado. Utah, Nevada, Idaho,
Washington. Oregon and California. On
November 1 the potato production In this
group of states was forecast at 250,250,
0OO bushels, an Increase of more than
4.000, 000 bushels over the October esti
mate. Notwithstanding this jump, the
forecast is about 40,000,000 bushels below
last season's late crop. In terms of car
loads, this means a decrease of 67,000
cars.
Contrasted with this deficit is the un
usually active early car-lot movement to
consuming markets. To November 12 this
year nearly 80.000 cars had been for
warded from these Important producing
states, compared with only 56,000 to the
same date last season. This is an in
crease over 1920 of 48 per cent. In only
four Important main crop sections Penn
sylvania, Wisconsin. Iowa and the north
ern district of California have the car
lot shipments been less than last year's
to date.
DECLINE IN EGOS NOT CHECKED.
Prices Lower on All Grade With Larger
Receipts.
The Increase in egg receipts has become
tnorc pronounced and declines in prices are
more frequent. The general selling level
was 50 cents for candled fresh eggs, and
other grades were down In proportion.
Better hud a firmer tendency. With re
ceipts of country creamery cubes lighter
this week, there was no surplus on the
market, and top graQes were scarce, with
extras quoted up to 41 cents.
Poultry arrivals were moderate and
prices were steady to firm. Dressed meats
were slow-with Indications of another de
cline m pork prices.
Coast Cranberries Cleaning Vp.
Coast crnnberrles are cleaning up well
ARE YOC LOOKING FOR A DE
PENDABLE PRODUCE DEALER?
Veal Batter
Pork Cheese
Poultry Far
Honey Any Product
Ask for latest methods to prepare
shipment.
Rt'BY CO.,
169 Front St. Portland, Or.
LAMBS, VEAL, HOGS
Mnrkrt Wry Firm.
I :("( I Mini.- !.'- I !
Fancy VmI 14e
Fancy Hoji 10c
Ship at Once. Check Dally.
TUT. MIIMR CO.. i
10O Front Siren, Portland. Or.
i
and the market la firm at $7 a box. There f
la atill a liberal supply of eastern berries
on hand which are held at .22S23 a bar
rel.
The flrat car of golden and fard dates
la due on December 10.
BONDS AT NEW RECORDS
Smaller Dcrreuse I Visible.
The American visible aupply atatement
comparea aa follows:
Bushels.
47.7B.1.0OO
4S.127.00O
hT.L'.'ll 'K Ml
113.2ft7.OO0
23.672.000
December 8, 1021...
December ... 1920...
December 8, 1918...
December 9. 1918...
December 10. 191T
Decrease.
878.0O0
22.000
2.492.000
8,204.000
4,641.000
Increase.
The corn visible .la 15,818,000 bushels,
an Increase of 1,796,000 bushels; oats. 89,
108,000 bushels, an Jncreaae of 774,000
bushels; barley, 1,891,000 bushels, an in
crease of 78.000 buahels; rye, 6.846,000
bushels, an Increase of 6.2,O00 bushels.
Hank Clearings.
Bank clearing's of the northwestern cit
ies yesterday were as follows:
Clearings. Balances.
Portland S5.96.V996 $1.604. 097
Seattle 5.746.180 1.500.200
Tacoma 448.799 20,784
Spokane 2,232,404 1,021,512
t'OKTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants' Exchange, noon session:
Bid
Wheat Dec. Jan.
Hard white 1.07 11.07
Soft white 1.07 1.07
White club 1.07 1.07
Hard winter 1.07 1.07
Northern spring 1.06 1.06
Oats
No. 2 white feed 27.00 27.00
No. 2 gray 20.00 26.00
Barley
Brewing- '. .26.00 28.00
Standard feed 24.00 24.00
Mlllrun 16.00 16.00
Corn
No. 3 E. T. shipment 23.00 24.00
FLOUR Family patents, 7 per barrel;
whole wheat, S6.20; graham, $6; bakers'
hard wheat, 17.03; bakers' bluestem pat
ent a. $6.56; valley soft wheat. 15.00;
straights. 15.25.
MILL.FEED Price f. o. b. mill: Mill
run, 12o per ton; mldlings, $34; rolled
barley, !34(?36; rolled oats, 136; scratch
feed. $43 per ton.
CORN Whole, $34, cracked, 136 per ton.
HAY Buying price, f. o. b. Portland:
Alfalfa, $14.30 per ton: cheat, C-a ' - '"
oat and vetch, $14.50&li5; clover, $12;
valley timothy, $1515.50; eastern Oregon
timothy. $lMftlb.uO.
Dairy and Country Produce.
BUTTER Cubes, extras. 40041c lb.;
prints, parchment wrapped, box lots, 44c;
cartons, 45c. Butterfat, buying prices.
No. 1 grade, 42c, delivered Portland.
K0OS Jobbing prices: Case count, 469
48c dozen; candled ranch, 50c; aaaociatlon
firsts, 30c; association selects, 55c; associ
ation pullets, 45c.
CHEESE Tillamook triplets, price to
Jobbers f. o. b. Tillamook. 26c; Young
Americas, 27c pound.
POULTRY Hens, l27c; springs. 21c;
ducks, 20023a: geese. 18920c; turkeys,
lire, nominal; droscd No. 1. 88c lb.
PORK Fancy, 1212.VbC per pound.
VEAL Fancy. ISfrc per pound.
Fruits and Vegetables.
Local Jobbing quotations:
FRUITS Naval oranges. $50625 per
box; Japanese oranges. $2.50 per bundle;
lejmons, $590; grapefruit, 1497 per box;
bananas, 899c per pound; apples, $194
box; pears, $292.50 box; grapes, Cali
fornia red Emperors and Malagas. 109
12Hc pound; casabas, 393c pound;
cranberries, Oregon, $7 per box; eastern,
$22023" per barrel.
POTATOES Oregon, $1.75 9 2 per hun
dred; Yakima. $292.23 per hundred; sweet
potatoes, 4H95c per pound.
ONIONS Yellow, $4.505 per hundred.
VEGETABLES caoDage, 1 V 7 2c pound:
lectuce. $398.75 crate, carrots. $1.10
per sack; garlic, 12H915c per pound:
beets, $1.092 per sack; cucumbers, $29
2.25 per dozen; celery, 70c $1 per dozen;
green peppers, 15920c per lb.; cauliflower.
1J02.5O per dosen ; pumpkins, 2f.1c per
pound; squash. 2V93c; sprouts, l?Hc
Staple Groceries.
Local Jobbing quotations:
SUGAR (sack basis) Cane, granulated.
1.35c pound: beet. 6.15c.
NUTS Walnuts, new crop, soft shell. 54
931c lb.; Brazil nuts. 18920c; filberts. 21
925c: almonds. 26627c; peanuts, 8Mc per
pound.
RICE Blue Rose. 7c per pound; Japan
style. 6c per pound.
COFFEE Roasted, bulk. In drums, 18
935c per pound.
SALT Orsnulated. bales. $3. 20 4 05:
bait ground, ton 50s. $17.20: 100s. $16 35.
HONEY Comb, new crop, $5.75 9 6.25
per case.
DRIED FRUITS Dates, $7 per esse;
figs $1.4063.75 per box; apples. 16c lb.;
peaches, 15917c; apricots, 2826Sc:
prunes. 7 12c.
BEANS Small white. 6c: Isrge whits,
4c; pink.. 5c; bayo. Oc; red, 6c
Hides, Hops. Eto.
TALLOW No. 1, 4c; No. if. 9c per pound.
CASCARA BARK 5c a pound delivered.
Portlsnd.
HOPS 1921 crop, choice, 2626Vc per
pound.
HIDES Fresh cured. 6c per pound;
bulls, 4c; calf, 12c per pound; kip. 7c; dry
bides, 9c r dry salt hides, 7c per pound.
PKLTS Dry pelts, full wool, 8910c
pound; salt pelts. 35950c each, according
to size.
WOOL Eastern Oregon. 1021o per
pound
MOHAIR Oregon, 15 9 22c per pound,
delivered Portland.
Provisions.
Loca Jobbing quotatlona:
HAMS All sizes, 27031c; skinned, 249
88c; picnics, 20c; cottage roll, 23c.
BACON Fancy, 89 9 43c; choice. 279
S2c, standard, 28926c
LARD Pure tierces. 14c pound: com
pressed tierces. 14c.
DRY SALT Backs, 18021c; plates, 16c
Oils.
UNSEED OIL Raw. m barrels, 8o.
6-gallon cans, $1.04. Boiled, in barrels,
91c; 5-gallon cans, $1.06.
TURPENTINE; In drums. $1; 6-gallon
cans, $1.16.
WHITE LEAD 100-pound kegs. 12K.
per pound.
GASOLINE Tank wagons and Iron bar
rels. 26c; caaes, 3s - jc.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh Fruits,
Etc., at Bay City.
SAN FRANCISCO, Dec. 5. Poultry
Hens, 23r.10c; young roosters, 20425c'
old. 18918c: young chickens, 26940c;
ducks. 22t25c; turkeys nominal.
Vegetables Artichokes, case, $l."ifiiI7;
squash, lug, $l,25tl.75; potatoes. $203.75;
onions, brown, $404.30; crystal wax, $8;
tomatoes, crate, $2.2562.75; cucumbers,
lug box, $1.2501.73; belt peppers, pound.
10fl2ic; beans, string. lllfrl'Jc; lima.
10fel2c; carrots, sack, $l(tyl.2a; egg
plant, pound, 306c: mushrooms, pound. 10
ti40c; lettuce, crate, 73c0 $1 ; .celery, crate,
$1,504,3: pumpkins, sack, 75c0$l; sprouts,
pound. ." n Sc.
Frutt Orangea. navel, $4o0r5.50; valen
cies nominal; lemons $3.5064.50; graps
fruit, $3.50 0 3.00: apples, St, and 4-tler,
$14003.50: strawberries, crate. $1,756
2.23; casabas. crate, 75c0$l; cranberries,
box, $6 iii 0.30: pears, box. $1 5003.25.
Receipts: Flour. 5200 quarter sacks:
wheat. 2450 centals; barley. 3222 centals;
corn, StlO centals; potatoes. 4048 sacks;
onions. 400 sacks; hay, 130 tons: hides,
540; oranges and lemons, 2800 boxes; live
stock. 323 head.
IiIBKRTIES AND VICTORY
NOTES AT YEAR'S TOP.
Latter Sella Above Par In New
York Market; Speculative
Stocks Featured.
NEW YORK. Dec. B. Maximum prices
for the year were made by a number of
Issues In the stock and bond lists today.
Many of these gains were subjected to
sharp downward revisions, however, late
ia the session. Ralls continued their list
less course. Investment and Junior shares
making only slight changes.
Apart from several of the more specu
lative foreign and domestic Issues, oils,
notably American Petroleum. General
Asphalt, Houston, Middle States and
Transcontinental, were relatively dull and
irregular.
Greatest activity and strength were
shown by equipments, steels, motors and
kindred accessories. Shippings, food spe
cialties and textiles made variable ad
vances. Lima Locomotive, a compara
tively obscure Industrial, was the strongest
feature at a net gain of 11 points. ,
Heaviness of tobaccos, leathers and a
,.....'. ei'iflentlv was due
I more to neglect by bull pools than to any
specific cause.
Sears-Roebuck continued to weaken,
repeating its low record of the year.
Sales were 775.000 shares.
Forecasts of easier December money
rates were fulfilled, the call loan rate
dropping from 6 to 4 . per cent early In
the afternoon. Freer purchases of time
loans and merchants' paper were made by
out of town institutions.
Except the German rate, which was
moderately reactionary, all foreign ex
changes rallied briskly from last week's
late reaction. Sterling rose two cents and
the varioua continental bins were higher
by 7 to 20 points. I
Liberty second and fourth 414 Issues
and the two victory Issues, the latter at
a slight fraction over par, were among
new h.gh records in the bond list.' Other
issues were uncertain on the heaviness of
Mexicans. Total sales, par value, aggre
gated $21,850,000.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck & Cooke com
ninv Portland 1.
Stock. Sales. High. Low.
Adams Exp... 300 ft SO
Advance Rum
do pfd
Agr Cham 1,600 31
AJaxrRubberr. 1.000 18 74
Alaska Gold.. 1,100
300 T
7,300 67T
800 38 V,
800 88
900 29
1.900 38
1,600 32
200 93
3,300 14lV
200
"266
300
600
1.000
Alaska Juneau
Allied Chem. .
Allls-Cballm. .
do pfd
Am Beet Sug.
Am Bosch. . . .
Am Can Co. . .
do pfd
Am C At Fdy.
do pfd
Am Cot Oil. . .
do pfd
Am Drug Syn.
Am Hide & L.
do pfd . . . . .
Am Ice
Am Int Corp. 14.70U
Am Linseed... 600
do pfd
Am Loco
do pfd
Am Saf Razor. 500
Am Sh A Som. 6.5U0
Am Smelter.. 3.8UO
do pfd 500
Am Steel Fdy. 1.800
Am Sugar 6.800
do pfd 300
Am Sumatra.. 8,600
Am Tel Tel. 3,300
Am Tobacco.. 5.300
do B 2.000
7,400
30
18
56
87
87
28
i
93
143
22 22
pfd.
Am Wool,
do pfd .
Am W P
Am Zlnz
Anaconda ...
Assd OH
Atchison
do pfd ....
Atl O & W I.
Baldwin Loco.
5
13
57
76
42
32
15,900 101
4
7
44
80
84
56
86
32
116
134
181
81
1.000
4,200
"566
200
6,000
4,500
12
47
'96'
87
82
06
5
12
56
75
41
S2
'8"
"4
6
48
87
34
54
86
32
115
133
128
80
11
46
'89
87
31
94
Bid.
49
IS
87
30
17
56
37
87
28
84
32
93
145
114
21
45
12
57
73
42
32
38
98
110
4
6
48
87
84
84
86
82
115
184
129
80
103
26
12
46
100
89
86
81
do pfd 101
2.100
000
4,400
1,500
' ' ' 500
800
1.900
500
1,800
2.800
6.100
1.400
6.400
1.000
200
900
800
1,800
1.500
4.000
1,700
500
900
' 'noo
1,400
100
100
'V. 600
200
9.000
1.2O0
600
500
5O0
500
100
l.OOO
2,300
3.2IMI
1,300
400
H OTATION8 ON DAIRY PRODUCE
CurrenttPrires Ruling on Butter, Cheese
and Eggs.
SAN FRANCISCO. Dec. 5. Butter Ex
tra. 44c: prime firsts. 41 c; firsts, 41c.
Kggs Extras. Me; extra pullets. 45 c;
extra pullets, firsts. 44C; undersized pul
lets. No. 1. 37 He
Cheese California flat, fancy, 21c': flat
fancy, firsts, nominal ; California Young
Americas, fancy, 26c
NEW YORK, bee 6. Butter Barely
steady, creamery higher than extras. 47
47c: creamery extras, 46046c; cream
ery firsts. 30045.
Eggs stesdy. Fresh gathered, extra
firsts. 62 065c; fresh gathered firsts, 530
60; cheese steady, state whole milk flats,
fresh specials, 21 022c; do average run,
2Ot20c: state whole milk twins, specials,
21922c; do average run, 2O9 20c.
CHICAGO. Dec. 3. Butter lower.
Creamery extras. 44c; firsts, 35042c; sec
onds, 72 0 34c; standards. 37c.
Ea-as higher; receipts, 4104 cases, firsts,
54 0 50c; ordinary firsts. 43050c; miscel
laneous. 52 0 54c; refrigerator extras, 410
43c; refrigerator firsts, 88 0 40c.
Metal Market.
NEW YORK. Dec. 3. Copper Steady;
Electrolytic spot and nearby. 18c: later,
13 914c.
Tin Firm: spot and nearby. 81. 50c;
futures, 81.62c.
Iron Steady; No. 1 northern. $31932;
No. 2 northern, $30931; No. 3 southern,
IN 6 19.
Lead Steady; spot. 4.70 0 4.80c.
Zinc Quiet: Bast St. Louis delivery,
snot 4.800 4.85c.
Antimony Spot. 4.63c
Bait & Ohio
do pfd
Beth Steel B. .
B R T
Butte C Z. .
Butte & Sup..
Burns Bros. . .
Caddo OH ...
Calif Packing.
Calif Pet
do pfd
Canadian Pac.
Cen Leather..
Cerro de Pas.
Chan Motor. ..
C & N W
chgo at w...
do pfd .....
Chill Cop
Chlno
C M St P
do pfd
Colo Cola . . .
C A O
Colo F & I...
Colo Southern
Col Gas A El
Cotum Graph
Con Gas
Cons Cigars . .
do pfd
ContI Can . . .
fit Svc Bkers
Corn Prod . . .
do pfd
Cosden Oil . ..
0 R I A P...
do A pfd ..
do -B pfd. .
Crucible ....
do pfd
Cuba Cane . .
do pfd
Cub Amn Sug
Dome Mines . .
Del A Lack..
Davison Chem
Endt Johnson
Erie
do lot pfd..
do 2d pfd . .
Famous Plays
Fd Mn & Sm.
do pfd
Fisk Tire . . .
Gaston Wms..
Gen Cirars . .
Uen r.lec .
Gen Motor
Glen Allien
Gen Asphalt..
Goodrich ....
Granby
Great Nor Ore
do pfd
Greene Canan.
Gulf S Steel..
Hask Barker.
Houston Oil...
Hupp Motor..
Ills Cent
Inspiration
Int Ag Cp cm
do pfd
Interboro . . :
do pfd
Interstate
Int.Harv ...
do pfd
Int Merc Mr
do pfd
Int Nickel . .
Int PapeT . .
do nfd ....
Invincible
Island Oil
Jewel Tea . . .
K C Southern
do pfd
Kelly-Spfld
Kennecott . . .
Keystone Tire
Lack Steel
Lee Tire l.OOO
Lehigh Valley 3.0OO
Lorlllard l.TOO
T.owe Theaters 700
LAN'. 100
Marland Oil.. 200
Mex Pet 27.100
Miami 700
Mid States Oil 10700
MMenle Steel. 3 TiOO
I M K A T
do pfd
Mont Power..
Mont Wanr. .
Mo Pac
do pfd
.Nor Amn
Nat
Nat Enamel.
Nat Lead ....
Nevada Con . .
New Haven . . .
Norfolk A W.
Nor Pac
Nov Sco Steel.
N Y Ar Brake
N Y Central. .
Okla Prod ref
Ontario Silver
Ontario A W.
Otis 8teel....
Pacific Dev..
Pac G A Elec
Punta Allegre.
Pacific Oil...
Pan Am Pet . .
do "B"
Penna
Peo Ga
Pore Marquet.
Pure Oil
Phillips Pete.
Pierce Arrow.
Pierce Oil . . .
Pitts Coal
PAW Va
do pfd
Prsd Stl Car..
Pullman
Ray Sons ....
Reading
Remington
Replngle Steel
Republic IAS
37
3.1
67
7
'l7
116
12
71
45
37
54
56
7
'l6
115
12
70
44
118
81
34
49
69 It
7
18
12
27
23
36
::-,
57
26
'64
83
118
2V
34
47
68
7
17
12
26
21
34
38
67
25
'84
3
93
47
24
90
MM
34
8.1
88
47
24
88 K
10S
33
88
4.000 66 64
7
16
14
19
111
52
77
12
17
1.800 60
Cal
Oil
200
1,100
100
1.800
3.800
13.200
37.80O
4.400
300
1.600
5,300
2O0
100
2.1100
7,800
3.800
100
1,700
100
200
600
800
1.600
1,000
' 9.000
13,500
3.400
3.300
6.200
8,330
200
100
11,800
1.800
000
4.100
800
1.5O0
200
l.OOO
300
1.400
4.400
Biscuit zl.SOO
40(1
2.30O
2O0
2.400
200
4.6O0
200
ftOO
700
2.100
200
'i',006
100
600
1500
4. son
5.100
200
2.000
200
3.300
5.300
5.00O
4.100
8.200
4.300
1.300
200
000
1.200
000
3.200
100
3. OOO
6,100
29
10
8
60
143
11
43
67
34
27
33
77
26
40
82
81
12
98
38 I
87
1
4S
6
$5
i$y
67
12
52
'l3"
3
'24
54
43
23
10
48
20
58
IBS
14
110
lis"
26
13
20
2
3
3ft
1.1
19
48
43
126
42
83
14
18
80
R2
25
61
73
3
4
'io
8
64
31
43
52
47
84
83
28
37
32
13
18
68
27
78
68
110
14
78
25
2B
65
7
16
14
19
111
80
76
11
17
28
10
68
142
10
4.1
65
33
27
83
76
26
4 ,
SI
78
11
98
1 87
87 4
1
4
A
82
'l4
65
11
51
'12
2
'24
34
42
23
9
46
28
67
15SV
14
110
27
111
,23
15
28
1
8
38
14
18
46
44
124
42
80
14
12
98
80
23
60
74
8
8
64
38
45
30
46
84
83
22
86
81
14
IS
61
27
79
67
ion
14
72
23
24
64
38
54
66
7 5
IT
118
11
70
43
84
118
30
38
48
68
7
17
12
27
21
34
38
56
25
03
64
3
93
21
60
47
24
88
108
3.1
33
88
78
64
87
7
16
14
18
110
30
77
11
17
11
8ft
6
20
10
68
142
10
42
no
34
27
32
76
25
46
81
78
11
88
37
7
37
1
4
A
83
102
18
06
11
a
12
2
n
24
33
42
25
0
46 u
28
38
133
Vt
110
L'7(.
112
25
13
28
1
8
5R
14
18
46
44
126
41
88
13
12
97
80
25
80
74
3
8
2(1i,
8
7
64
80
45
51
4
84
53
22
37
32
14
is;
62
78
66
109
11
72
23
22
64
1
Rep Motors. . .
Royl Dtch Oil
Ry Stl Sprg..
Stand Oil N J
Sears Roebuck
Shattuck. Ariz
Shell TAT...
Sinclair
Stand Oil Cal.
Stand Oil Ind
Sloss Shef ...
Sou Pacific ..
Sou Ry
do pfd .....
St L A S F. ..
Strom Carb . .
studebaker . .
swift A Co.T.
Ten Cop A C.
Texas Oil
Texas Pac . . .
Tex Pac C A O
Tob Products.
Tran Con Oil.
Union Oil Del
Union Pac . . .
United Alloy .
United Drug .
United Food P
United Fruit .
U Rds of N J
U Bag A Papr
Un Re Stores.
U S In Alcohol
U S Rubber. .
do 1st pfd. .
U S Smelting.
U S Steel ....
do pfd .....
Utah Copper. .
Va Chem .
do pfd ....
Vanadium Stl
Vlvandou ....
Wabash
do A pfd . .
Wells Fargo .
Western Pac .
West Union. .
Wsthse E A If
West Md
White Motors.
Willys-Oerlnd.
do pfd
Wilson Pack .
Wis Central . .
Wool worth .. .
Worth Pump.
W A L E
White Oil ...
100
1.600
1.300
6
48
82
6. 3O0 19(1
19.200 68
'"766 'S7-'
3.300 23
1.2O0 81
100
6.000
1.30O
1.400
l.OOO
5.600
42,700
l.OOO
6.700
BOO
5.40O
5.600
28,400
600
2.400
300
400
31t
80
19
48
23
33
78
100 1
10
45
24
29
60
12
20
126
23
70
6
47
91
is:.
68
'w
22
90
'39
80
19
47
2.1
31
77
100
10
45
2.1
2S
56
11
19
128
25
70
600 124 123
700
3.200
1,400
15,700
300
12.866
800
2,100
000
300
2.000
300
1,200 .
70O
300
300
700
1,300
' l.ioO
1.500
500
l.OOO
73
63
87
52
98
"84
114
60
29
71
35
7
7
31
68
18
81
48
'46' '
8
28
30
400 123
400 44
800 12
BONDS.
6
52
86
61
98
'83
113
58
28
70
83
7
7
21
68
18
81
48
'38"
5
27
SO
iii' '
43
'l2
6
48
82
186 I
55'
7
87
88
80
88
38
80
18
47
22
82
78
100
10
45
23
28
58
11
19
120
25,
70
10
123
8
60
62
86
52
98
S3
8.1
11.1
58
28
70
33
7
7
21
68
IB
90
48
8
S
5
27
SO
29
12.1
43
8
12
U S 2s reg . . .
U S 2s cou...
U S 4s reg . . .
U S cv 4s C41.
Pan 3s reg...
do 3s cu .
AT A T 6s. ..
Atch Gen 4s.
D A R con 4s
lO0N Y Cen deb 6s 99
100tNor Pac 4s 84
104 Xor Pac 8s 62
104Pac TAT 5s..93
78 Penn con 4s.U3.
76 Sou Pac cv 5s. 95
108 ISou Ry 5s 88
851U P 5s 88
73 lU S Steel 8s... 99
Bid.
Liberty Bood Quotations.
Liberty bond quotations furnished by the
Overbeck A Cooke company of Portland
Open. High. Lo
Liberty SHs .
do 1st 4s . . .
do 2d 4s
do 1st 4s .
do 2d 4s .
do Sd 4s .
do 4th 4sj
Victory 4s .
do 3s
1.26 96.58 96.24
. .97.80
. .97.66
. .97.00
. .87.96
.100.00 100.02
. 99.98 100.00
07.84
87.80
08.18
98.14
97.72
97.62
97.94
07.84
i'ji to;
99.98
Bid.
96 34
97.64
97.54
97.72
: T. "
98.12
97.08
09.00
99.96
23 INorth Butte ... 12.
9 Old Dom 34
54 3uincy 41
ISO ISuperlor 3
8' -up A Boston... 1
88; Shannon 1
l.L'tah Con X
23 Wlnona 40
2, Wolverine 11
Mining Stocks at Boston.
BOSTON. Dec. 5.-
Allouez
Ariz Com . .
Calu A Ariz.
Calu A Hecla
Centennial . .
Top Range . .
franklin ....
Isle Royalle .
Lake Copper.
Mohawk 55
Swift & Co. Stocks.
: . r a n ,!, at
uiosing prices ior owni. ac iui.
Chicago were reported by the Overbeck A
Cooke company of Portland as follows:
Swift A Co 100
Llbby, McNeil A Libby 6
National Leasner 2
Swift International - 1
Money, Exchange, Etc.
v- r t- vnp T." nec. 5. Call monev.
steady; high. 5 per cent; low, 4 per cent;
11 . . s - ... ,.t vint- hid. 4 net
ruuun 1 " . , w "- ' , . -
cent: offered at 4 p cent; last loan.
4 per cent.
Time loans steady; 80 days, 5 per cent;
80 days. 5 per cent; six months, 5 per cent.
Prime mercantile paper, ss per cam
Bar silver, foreign, 66 c.
Mexican dollars, 50 c.
LONDON, Dec. 6. Bar silver. 86 d per
ounce.
Money. 2 per cent.
Discount rates, short bills. 8 per cent;
three months' bills, 3 11-16 per cent.
.1924 99
.1922 10O
.1023 101
.1929v 101
.1929 96
New York Bonds.
New York bond quotations furnished by
Herrln A Rhodes, Inc., of Portland:
Inane Maturity. Price.
Am Tel A Tel 6s 1822 100
Am -Tel A Tel 6s
A in Tobacco 7S
Am Tobacco 7s ,
Anaconda 7s B.....
ArMr.,nd:l Rs A
Armour conv 7s .....1930
Armour 4s t 1939
Argentine g 1 5s 1845
Am Agri unem ls jwfj
Bethlehem Steel 7s." 1822
Bethlehem 7s 182S
Bethlehem Steel eq 7s 182S
Belgium ext 7s IMS.
Belgium 8s 1840
Bergen (City of) 8s 1845
Berne (City of) 8s 1945
Brazil 8s 1941
Canadian 5s 1926
Canadian 5s 1931
Can Nat guar s.... J4u
Chicago N W 7s 1930
C M A St F gn and rf 4s A. .2014
Can Nor 7s 1940
Chile 8s 1841
Christianla (City of) 8s 1845
CoDP'-r Kxn Ms 1WK-
Copper Exp 8s 1823
copper Exp ss
Copper Exp 8s 1825
Cuban-Am Sugar 8s 1931
Con Gas conv 7s 1825
Diamond Match 7s 193a
Denmark 8s 1845
Danish Mun 8s 1945
Dupont 7s 1831
French ext 8s 1945
French 7s :...1941
Grand Trunk 7s 1940
Goodyear 8s .11141
Gulf Oil 7s 1938
Great Northern 7s 1936
Hershey 7s , 1930
Humble Oil 7s 18JS
Interboro Rap Tr ref 6a....
Int Mar c t 6s
Kennecott 7s
Libby. McNeill A Llbby 7s..
Morris A Co 7s..
Mexican Pete 8s
N Y Central call 7s
Norway 8a
Northwest Tel Is
Ohio Con Gas 7s
Ohio Power 7s
Pan Amer 7s
Pennsylvania 6s
N P and Ot X Joint 6s...
Sao Paulo 8s
Southwest Tel 7s
Swedish Govt 6s
Standard Oil of N Y 7s
Standard Oil of Cal 7a
Steel A Tube 7s
Swiss 8s
Scars Roebuck 7s
Sears Roebuck 7s
Swift A Co 7s
Union Tank 7s.............
i; S Rubber 7s
Wilson 1st 6s
Westlnghouse 7s
Zurich 8a
1966
..1941
. . 1980
. . 19S1
. . 10S0
. .1836
. .1830
..1940
..1841
. .1823
. . 1831
. .1830
..1936
. . 1930
. .1938
. .1925
. . 1838
. .1831
. .1831
..1031
..1840
. . 1H22
..1112.1
. . . 1923
. . 1930
. . 19SO
. . . 1928
...1981
..1845
1112
87
73
102
100
loo
100
104
104
106
108
104
96
85
107
106
60
110
102
107
100
101
10.3
104
104
11
108
108
107
104
100
85
109
110
108
108
1"!
100
53
91
101
100
103
101
105
109
107
!l!l
101
97
103
107
102
101
86
lo 14
106
100
113
100
100
100
103
105
88
105
108
SUPPLY OF HOGS LARGER
PRICED 5 0 CKXTS LOWER AT
STOCKYARDS.
Cattle Market Steady to Strong.
Advances Quoted on Year
lings and Wethers.
There we a fair run of 71 loads of stock
at the yards over Sunday.
The hoc uppiy was larger than for
some time past and prices took another
drop. Nine loads of hogs came In direct,
while three loads went through. As com
pared with trie close of last week, hogs
aversjred SO cents lower on all classes,
with the tap established for the day at
$8.25. The undertone of the hof market
at the close was weak.
Cattle were steady to strong and the
offerings sold readily at ths ruling; quo
tations. Sbt-ep and lambs on the whole were
steady. Yearlings and wethers were listed
GO cents higher thsn last wees:.
Receipts were 1110 cattle, 104 calves,
2710 hogs and 1050 ghetrp.
The day's sales were as follows:
5 steers.
28 steers.
12 steers.
2 steers.
4 seeers.
18 steers.
6 steeds.
7 steers.
5 steers.
5 steers.
11 steers.
21 steers.
6 steers.
10 steers.
6 steers.
13 steers.
10 steers.
9 steers.
17 steers.
5 steers.
12 steers.
9 steers.
S steers.
22 steers.
22 steers.
23 steers.
2 steers.
12 steers.
tJ-i st eesa,
9 2 steers.
5 steers.
A steers.
20 steers.
S steers.
17 steers.
4 steers.
20 steera
28 steers.
25 steers.
25 steera
9 steers.
2 steers.
11 steers.
4 steers.
15 steera
25 steera
2 steers.
9 steers.
24 steers.
11 steera
12 steera
9 steers.
10 steers.
10 steers.
5 cows. .
6 cows. .
8 cows. .
8 cows. .
15 cows. .
2 cows. .
2 cows. ,
2 cow. .
T cows. .
8 cows. .
11 eows. .
SI cows. .
5 cows. .
17 cows. .
8 cows. .
21 cows. .
2 cows. .
6 cows. .
4 cows. .
7 cows. .
19 cows. .
2 cows. .
2 cows. .
2 cows...
2 cows. .
1 cow . . .
4 cows. .
. 4 cows. .
2 cows. .
2 cows. .
16 cows. .
14 cows. .
21 calves
2 calves
1 calf. .
19 calves
3 calves
2 calves
4 calves
3 calves
1 calf. .
14 calves
14 calves
1 bull. . .
1 bull. ..
1 bull. . .
1 bull...
3 bulls. .
7 bulls. .
1 bull. . .
1 bull. . .
2 bulls .
2 bulls. .
1 bull.. .
1 bull. ..
1 bull. . .
1 bull. ..
1 bull. . .
1 staff. .
2 mixed
30 mixed
7 mixed
2 mixed
4 hoKs . .
9 hogs. .
4 hogs. .
14 hogs. .
14 hogs. .
16 hogs. .
race
Wt. Prlce.l
894 $ 4,35' 5 hogs..
1020 5.ft5l71 hogs. .
886 5.00114 hogs. .
1055 5.00)26 hogs. .
852 4.50 21 hogs..
1)43 4.501 9 hogs..
888 4.00146 hogs. .
1148 5.75115 hogs. .
828 5.30! 9 hogs. .
828 3.301 9 hogs..
5.0OI10 hogs. .
6.251 8 hogs. .
5.251 3 hogs. .
fl.OOMl hoga. .
5.25:56 hogs. .
5.0O' 3 hogs. .
550! 6 hogs. .
5.85, 1 hog. . .
5.25123 hogs. .
S.OOf 4 hogs. .
5.001 8 hogs..
4.50 6 hogs. .
5.25113 hogs. .
3.751 2 hogs. .
4.23126 hogs. .
4.251 5 hogs..
4.761 5 hogs. .
5.50111 hogs. .
6.00:33 hogs. .
4.751 4 hogs. .
5.23! 6 hogs..
5.60111 hogs. .
5.30'1S hogs.
Wt. Price.
192 8.25
1T1 8.23
105 8.00
245 $ 7.33
215 8.00
Foreign Kxchang.
Foreign exchange rates at the close of
business yesterday, furnished by North
western National bank of Portland. 1'hs
amount quoted is the equivalent of the
foreign unit In United States funds:
Country Foreign unit. Rate.
Austria, kronen $ .OOuS
Belgium, francs 0727
Bulgaria, leva OOSO
Cxecho-SIovakla. kronen 01 17
Denmark, kroner 1 1876
Kngland. pound sterling 4.075
Finland, fin mark 0200
France, francs 0747
Germany, marks 0O4U
Greece, drachmas ; 0414
Holland, guilders 3S7
Hungary, kronen , OO-'O
Italy, lire 0429
Jugo-Slavla, kronen 0042
Norway, kroner 1460
Portugal, escudos 0000
P. ou mania, lei 0000
Serbia dlnara 0175
pain. Dsetas 1410
Sweden, kroner .M 2396
Swltxerlsnd, fraiftg 1926
China-Hongkong, local currency 5440
Shanghai, taela 7900
Japan, yen 4850
NEW YORK. Dec. 5. rForeign exchange
strong. Great Britain, demand, I4.06H :
cables, $4.07 H. France, demand. 7.46H :
cables. 7.47. Italy demand, 4.321 ; cables,
4.33. Belgium, demand, 7.42H: cables,
7.25. Germany, demand. 43; cables, 4i'
Holland, demand. 35.75: cables. 35.81. Nor
wav, demand. 14.45,. Sweden, demand 23.90.
Denmark. 18.65. Switzerland. demand,
19.23. Spain, demand, 14.08. Greece, de
mand. 4.07. Argentina, demand. 32. SO Bra
xil. demand. 13.12. Montreal. 91 15-10.
Naval Stores.
SAVANNAH. Ga., Dec. 5. Turpentine
Firm, 734 c; sales, 321 barrels; receipts,
195 barrels; shipments, 170 barrets; stock,
11,332 barrels.
Rosin Firm; sales, 721 barrels; receipts,
1440 barrels; shipments, 270 barrels; stock.
72.575 barrels. Quote: H. D, H), P, O.
$4.05; H, $4.10; I. $4.16; K, $4.65; It
$5.06; N, $5.83; WO. $6.60; WW, $5.76.
New York Sugar Market.
NEW YORK, Dec. 6. Raw sugar
Centrifugal. 8.87c to 4.11c. Refined
5. 3 hoas. .
.(,. u noirs. .
B.2JSI T boas. .
5.501 6 hosrs. .
A. 00 6 hoKS. .
8.00! 5 hojrs. .
.25lf7 hosrs. .
5.25111 lambs.
5.K)i 1 lamb. .
0.251 lambs.
8.25137 lambs.
5.75! 8 ewes. .
5. 85! 17 ewes. .
5.001 3 ewes. .
B. 85I19 yearl.
B.0O1 8 yearl.
5.00128 steers.
5.50128 steers.
8.00U2 steers.
8.001 2 steer.
5.0010 steera.
4.25! 2 steers.
3.751 2 steers.
4.881 1 steer. .
5.00! 2 steers.
4.0017 steers.
4.501 4 steers.
4.751 1 steer. .
4.00! 8 steers.
4.751 5 steers.
8.001 3 steers.
3. 501 1 steer . .
4.50124 steers.
3.001 1 steer. .
3.85! 4 steers.
5.001 3 steers.
5.00; 2 steers.
3.00I1S steers.
4.25118 steers.
5.001 8 steers.
4.501 5 cows. .
4.751 1 cow. . .
5.001 1 cow. . .
4,50' 2 cows. .
4. 50 '2(1 cows. .
4.50' 1 cow. . .
4.8.V18 cows. .
4.501 2 cows. .
4.50' 1 cow . . .
4.001 5 cows. .
3.00! 1 cow. . .
4.851 13 cows. .
2.251 1 cow . . .
4.80118 cows. .
8.00' 10 cows. .
8.50! 4 cows. .
7.001 2 cows. .
A.OOI 1 cow. . .
7.001 1 cow. . .
4.001 1 cow. . .
0 00'15rows. .
9.001 1 cow. . .
7.00! 8 cows. .
4.501 1 cow . . .
2.75110 cows. .
3.001 2 calves.
3.001 1 bull. . .
3.25! 1 bull. ..
S.00! 2 bulls..
2.25187 hosrs. .
3.00115 hoes. .
3.25 08 hoas. .
3.50' 55 hosrs. .
5.00127 hoars. .
3.50'en hosrs. .
3.50158 hosrs. .
3.00110 hosrs. .
3 25170 hosrs. .
4.001 7 hoas. .
8.00! 2 hoas..
5.00! 18 hoas. ..
5.25157 hosrs. . ,
3.50188 soats. .
4.50111 lambs.
8.00' 13 lambs.
8.00! 0 ewes. .
8.001 H.v.irl.
8.00' 25 yearl . .
8 00 44 wethers
8.001 1 wether
184
12
134
231
143
213
182
185
177
183
303
183
170
103
220
198
190
118
260
158
160
162
166
150
147
173
130
r.'11'.i
200
251
288
268
291
280
195
62
70
75
58
108
130
113
143 '
8.23
8 25
8 00
7.60
8.00
8 00
8.00
8.25
6.25
8.25
8.25
7.85
8.00
8.25
8.00
8.25
7.00
8.25
8.25
8.25
8.25
8.25
800
8.25
8.00
6.83
7.85
7.35
7.50
8.25
7.50
8.00
8.25
6.50
7.00
6.75
1072
1078
1018
985
1184
861
1240
1075
1088
895
906
1010
1165
1058
1005
933
1040
1122
810
976
930
958
1034
1125
1000
1155
1052
1210
1105
868
980
1052
1070
930
1074
903
1036
875
915
948
1110
1147
741
850
1048
1078
1070
855
785
960
1220
CL'7
967
1150
878
1090
1028
925
875
905
981
943
1O05
953
1140
1145
10H0
1000
972
1115
1145
1000
1150
806
887
334
195 2
380
233
206
225
331
143
110
235
342
13.10
1520
920
1250
1210
1585
1010
1110
. 770
405
12SO
1000
1870
1970
1750
1560
490
424
910
275
112
102
117
105
106
65
Quoted at the Portland
stockyards were as follows:
Choice steers .'. . .
llcditum to Brood steers
Fair to medium steers
Common to fair steers
Choice feeders
Fair to choice feeders . A...
Choice cow. and heifers
Medium to Brood cows, heifers.
Fair to common cows, hclfrs.
Common cows
Canners l.TCSt.00
;; I'n.'.t 4 (Mi
v.. i i'i ' i un
Prime llaht calves
Medium llg-ht calves
Heavy calves v
Hoga
Prime llfrht
Smooth heavy. 230 to 300 lbs..
Smooth heavy. !i'K' lbs, am! UP
1027
1045
985
1000
875
1020
780
910
1025
905
587
850
1118
854
1023
1275
1107
1040
14R5
1O00
990
975
1020
1083
1040
1060
030
634
1144
730
1083
12IH)
1100
1072
770
1045
950
1044
1O06
1007
1050
1210
110
1180
1057
1000
898
940
798
145
1230
1330
1R40
210
308
170
93
117
ISO
110
132
177
204
285
270
, 158
100
63
83
117
80
SO
109
1 10
fl.OO
2.50
4.00
7.00
5.00
4.50
6 SO
6:50
5.85
5.00
5.00
5.28
4.75
4.50
5.25
5.23
6.00
5.88
4.00
5.00
5.00
6 50
6.50
6.00
5.85
5.00
5.50
5.75
4.50
4.75
3.50
3.50
4.25
4.75
4.76
4.75
4.75
4.50
5.00
4.75
f. 35
4.00
5.65
4.65
4.00
8.30
4.00
3 73
4.50
4.30
4.00
4.75
4.00
5.00
9.50
3.00
3.50
8.00
8.25
7.23
8.25
8.00
8.25
8.25
8.00
8.25
8 25
8.25
7.75
7.73
8.23
2.00
6.T5
6.73
4.25
6 00
6.00
5.50
5.30
Union
. .8.OOffl..-.0
. . B.3Or6.00
. . 5.00f.r0
. . 4.00W3.00
. . 4. 75 (Sr."). 25
. . 4.2544.73
4.2.'.ii4.75
3.7.104.2.'!
3.00 M 3.
s BOOT M
8 oofi s on
.-..IKMi ('..(10
It ouch heavy .............
Fat pics
Feeder DISS r
Stags, subject to dockssre.
Sheep
East-of-mountaln lambs) ..
Best valley iamfcs
Fair to good
Cull lambs
Eastern Oregon f.edera . . .
I.lgbt yearl infra
Heavy yearlings
Light wethers
Heavy wethers ...........
Ewes
5 nofr (1 'J!
7.738.25
7.T5C8.O0 I
4.0006.00 !
4 n r.. .'.(
:;..-.( ii l.5(i
l.OOSl 4.00
Chicago Livestock Market.
CHICAGO, De. 8. (U. 8. bureau of
markets.) Cauls Receipts. 22.000. Bee!
steers, .low, eaxly asles steady: quality
plain: offering, around SO lis. 75: she st.i-k
and bulls, steady; stockers and feedera
staauy; veal calves, auu; niaaing un
evenly lower.
Hogs Receipts, 48.000. Fairly active.
10c to 20c lower than Saturday's averafe;
butchers off most; shippers buying lib
erally, but okost or smaller houses out ot
market on accouijt of strike: top, 37.10
for light lights; practical top, $7; bulk,
J6.BOci.6 7B: plgrs. 10c to 15c lower.
Sheep Receipts. 23,000. Fat lambs and
Ugrht fat sheep, steady to strong; fat
Iamb top. early, $9.75. some held higher,
bulk early. $10.25910.50: culls. $7.608 60:
good light tat ewes. $5.25; talking- steady
on feeders.
Kansas City Livestock Market.
KANSAS CITY, Ho., Dec. 5. (TJ. 8.
bureau of markets.) Cattle Receipts, 13.
000. All classes very uneven; early trade
limited to Killing: classes; stockers and
feeders strong to 25c higher; stockers.
$4.30106: feeders, $5t.V75: beef steers and
fat she stock generally steady tn 25c low
er; better grades. $4.80(3; other kinds
mostly $3.50(3 4: some heifers. $5 306.2.";
'canners and bulls, steady- canners mostly
around $2.50; early top steers. $7.25; oth
er sale., $4.5007; some choice heavies held
around $8.50: calves steady to weak; best
velers, fO. 50.
Hogs Receipts, BOOO. Desirable light,
and light butcher hogs to shippers. 10015
lower; packer trade fully 15c lower; ship
per top. $6.70; packer top. $0.65; bulk o(
sides. $6.40 0 6.00; packing sows, mostly
5.T58; pigs, steady; bulk. $6.700 6.90. ,
Sheep Receipts, 5000. Killing class-
generally steady; ewes $4.25: yearlings,
$8; few native lambs. $9.75; most fed lots,
$9.23 0 9.30.
Omaha Livestock Market.
OMAHA, Neb., Dec. 3. (U. S. bureau of
markets.) HogsReceipts, 3500, Steady
to 15c lower; bulk medium and light
butchers. $6.3306.50; top. $8.00; bulk,
stronger weights and mixed grades,
$5,850 6.25.
Cattle Receipts. 5500. Beef steers,
alow; few early sales 26c lower; no choice
fed steers here; she stock. l."i25t lower:
v... ... ,- iin.v-n sfpsilv t weak:
stockers and feeders, steady to 25c higher.
Sheep Receipts, owe. ; sieauy. uui.
lambs. $909.50; ewe top. $4.76; feeding
ewes. $4; feeding lambs. $9.
Seattle Livestock Market.
SEATTLE, Dec. 3. Hogs .Lower, re
ceipts. 600. Prime. $7.75 08.25; smooth
heavies. $7.25 0 7.76; rough heavies. $4,300
8 SO: pigs, $7.300 8.60.
CaUU Steady. Receipts, 2S0; prime
steers. $8 0 8.28: medium to choice, $506:
common to good $4 03: best cows and
heifers. $4.25 0 4.75; medium to choice,
3 5O04; common 16 good. $2.50"r5.50:
canners, $1.5002.-50; light calves. $809;
medium calves, $708; heavy calves, $607;
bulls. $304.
? IS SELLER
PRESSURE SENDS MARKET AT
CHICAGO DOWNWARD.
7.75 -fji.:
7.00CI 7.:
6.0011 7,
Relief From Drouth Causes Reac
tion In Wheat Prunes; Ar
gentine Surplus Large.
CHICACO, Dec. S. Wheat underwent a
tetback today, largely as a result of sell
ing pressure, due more or less to general
relief from drouth In the southwest. The
market closed heavy, with May ll.UH to
Sl.lB1 and July U0S'. to $1 08H. Core
lost He to lc and oats Hc to Ho,
Provisions ranged from 5c decline to an
advance of 2Hc .
At first wheat averaged a little- higher,
owing apparently to a moderate demand
from houses with seaboard connection and
to London dispatches emphasising reports
that .lapan of late had been a purchaser
on a large scale. Oossip In some Quarters,
however, that Japanese buying was In the
nature of preparation for war tailed to
meet any general acceptance. On the
contrary, upturns met with Increase of
Lfferings,. especially from southwestern
sources, a'nd affecting in particular July,
a new crop month, which touched a new
;ow price record for the season. The
weakness In July acted as a drag on De
cember and May and the market closed
at the day's low. An estimate that 24.
(00.000 bushels 'surplus from the old crop
still remained In Argentina was a late
bearish factor.
Selling by cash houses in corn tended
to weaken prices of corn and oats. Or
the other hand, export demand for corf
continued, and the southern call for oatt
was better.
Provisions were neglected on account o
the packing house strike. Nominally the
market showed no Important changes.
The Chicago grain letter received yes
terday by the Overbeck & Cooke company
of Portland follows:
Wheat The market was exceedingly
erratic and lacked a definite trend until
the last hour, when scaitered selling In
the form of ltq.uldn.lton caused a sharp
decline. ,
The news was mixed, ash wheat in
some markets being strong while others
ruled weak. The "strength was confined
mainly to Canadian wheat for which an
excellent demand was reported. TVlnnl
peg presmlums were 1 to 2 cents higher
while Buffalo reported premiums on
Manitoba wheat up 2 cents again today,
making a gain of 5' to 6 cents the last
few days.
The large receipts in the southwest
have surprised the trade, but advices from
that territory would Indicate that the in
crease represents a clean up of country
holdings. ,
The seaboard confirmed 800,000 bushels
We Offer Subject to Prior Snlet
Republic of Bolivia
External 6 Gold Bonds
Due Dee. 1. INK
Bolivia ranks second among South American countries In
the export of rubber and produces one-fourth of the tin out
put of the world. Salt, petroleum, coffee and cocoa are also
produced in large quantities and the country is rich in
minerals.
The per capita debt la 18.20. which is lower than that of
any other country in the world.
" Price $8734
to Yield 8
Broadway 3171.
Bond & Goodwin &Tucker
IMCORPORATID
UNITED STATES NATIONAL BANK BUILDING
CK, fUKI LA1NU
LOI ANCl I t
Manufacturing Investors. Attention
I am authorized by owner of high-class manufacturing
business located in Portland (last year's sales $150,000)
to sell same at reasonable figure. Owner retiring from
active business life. Business is free from debt. Deals
in staple articles. Sales can be increased up to about
$500,000 annually without exhausting possibility of sales
territory. Principals only. Apply for full details to box
N 997, Oregonian.
Manltobas taken for export and although
there was no American business confirmed,
considerable buying of Chicago futur.-s
took place which bad the appearance of
being against export salsa The temporaay
lull in outside trade, which was largely
responsible for today's decline, should give
good buying spots In the futures market.
Corn Fluctuations were dominated
mainly by action of wheat and the market
closed with an easy tone after display
ing aa undercurrent of strength most uf
the day.
The"sslk of the selling was by receiving
houses, presumably against purchases of
cash grain in the country. An increase
in the total visible should not be a sur
prise and we see no reason for asunui)t
a bearish attitude on this possibility.
Oats There was considerable- liquida
tion of the December delivery by com
mission houses, but otherwise selling wns
limited end deferred deliveries held
steady, t
Rye Buying by seaboard interests gave
rye futures a strong tone. It was re
ported here that exporters were biddln
for rye In the counts- and having dif
ficulty securing their suppltes.
Leading futures ranged as follows:
WHEAT.
Onen Hiurh.
s l iltv. 1 1 $ 1.1 2
1.17 1.17 115H
CORN.
.48 .48
.64 .64
OATS.
,4 .82 ' .S2 .S!H
.38 .SS .18 .38
rolled 1S. sprouting I8. soy bean 160,
wheat 141.
Ilululh Unseed MJtrket.
DCLITH. Pec. 8. Linseed, on track.
tl.81t1.83'A; to arrive. $1.81.
. Cot ton Market.
NOW YORK. Dec. 6. Spot cotton.
iuIm: middling-. lT.sOr.
Dec. . .
May..
Dec. .
May..
Dec. . .
May. . .
Low.
,4R
.64
Close.
$ LU
1.15
.48
.34
MESS PORK.
Jan .
Jan. .
May.
t. vt n
8 SO 8.50 8 47 8.47
8.00 8.90 8.87 8.87
SHORT RIBS.
Jn Ml
May ....
Cash prices were:
Wheat No. 2 hard. 11.15: No. 8 north
ern. I1.1S120.
Corn No. 2 mixed, 4B49c: No. 8
yellow. 49 50c.
Oats No. 2 white, 3538c; No. 8 white,
S3it36Kc. i
Rye Nominal.
Barley 53c. ,
Timothy seed ISiffrt
Clover seed 812.30Cif 18.50.
Pork Nominal.
Lard $8.50.
Ribs W 7-76.
Primary Receipts.
CHTCAOO. Dec. 5. Primary receipts:
Wheat. 1.638.000 bushels, versus 1.S22.0OS
bushels; .torn 1.667.OO0 bushels, versus
833.000 bushels: oats 822,000 bushtis ver
sus 638,000 bushela
Shipments: Wheat 441.000 bushels, ver
sus S'JS.OOO bushels; corn 380.000 bushels
versus 823.000 bushels: oats. 809.000 bush
els versus S6O.O0O bushels.
Clearances: Wheat 264. 000 bushels; oats
117.000 bushels; flour 12.000 barrels. The
clearances do not include 880.000 bushels
bonded wheat.
Chicago Klevator Storks.
CHICAGO, Dec. 5. fcocaf public and pri
vate grain elevator stocks this week:
Wheat 2.417.000 bushels: corn 4 842 000
bushels; oata, 18.314.000 bushels: rye. 11 l.
OOO bushels; barley 187.000 bushela
Deliveries on contracts this morning:
Wheat 118.000 bushels: corn 48.000 bushels;
oata .738,000 bushels; rye 40,000 bushels.
Minneapolis Grain Market.
MINNEAPOLIS, Dec. 5. Barley, 86ff
Blc.
Klax. No. 1. !1.781.84.
Wheat. December. l.Zl ; May, 81.20;
July. 81.17.
Winnipeg Wheat Market.
WINNIPEG, Dec. 5. Wheat: December.
(1.07; May, 3111.
Grain at San Fnuit-isoo.
SAN FRANCISCO, Dec. 5 Grain
Wheat, milling. 81.8691.95: feed. '31.839
1.93; barley, feed. 812341.33; shipping.
31. 2391. 33; oats, red feed, fl.409 1.00;
corn, white Egyptian, 31.67 91-72 ; red
milo, 31.43 91.50.
Hay Wheat No. 1. $17919; fair. 3H0
17; tame oat. $15918: wild oat. $11913;
alfalfa. (11 i 10; stock. $9912) straw.
310912.
Seattle Grain Market.
SEATTLE, Doc. 5. Wheat, hard white,
hard red winter, northern spring. $1.04;
soft white, white club, eastern red Walla,
31.03: Big Bend bluestem, $1.13.
City delivery: Timothy hay 324, mixed
$21, alfalfa $18; stroy $18;, barley, whole
$31: ground and rolled $33. clipped $38:
chick starter $34. cOcoanut meal $28. corn
$84, cracked and feed meal $36, cottonseed
meal 844, developing mash $43, linseed
meal 138, egg mash $39, oata. eastern. $.10,
13.20
Standing
of House
Vital
TJROM the i n v e s tor's
F standpoint the first
thing; for him to consider
Is the standing of the
bond house making the
offer. It Is not enounh
that uch a house be ,
h o n est in Its intentions.
It takes more than hon
es t ' to discriminate be
tween good and bad In
vestments. All this is
largely a matter of experi
ence. An old-established
firm which has been look
ing Into propositions of
this sort for many years
has a .remendous advan
tage over newer firms
who have not the. benefit
of data gathered during
Investigations lnlo many
different propositions. If.
therefore the investor
buys his. bond from a
well-rated bond house,
that in Itself is much of
a guarantee."
(Oregonian, Nov. 27)
The experience of
this firm is at the
service of anyone
interested in bonds.
ypn: Freeman
iSUP SMITH
wound noon CAMP
ClSTM M BTASa CO.
Great Northern
1
Railway Company
General Mortgage
Sevens
non-callable
Due 1026.
At market to yield about
6.10
Circular on RequeBt .for OR 70.
The National City
. Company
Offices In more than SO cities.
Yen Blda-., Portland. Or.
Telephone Main 6072.
Less Than $20,000
Remain Available
A splendid investment for any
one who desires an exception
ally higk yield, and a short
time maturity.
Dens. $100, $500, $1000
3-Year
First Mortgage 7J
Gold Bonds
WILLIAM
HANLEY
COMPANY
These bonds are the direct
obligation of this great
company, the owner of
Oregon ranches and live
stock. In addition the bond issue
of 160,000 is directly se
cured by 2560 acres of
Irrigated, Producing
Lands near Burns, Oregon,
that are worth not less
than $204,000 or 3.4 times
this issue.
We commend theae Honda with
out reaerviit Ions. T 1 1 Ii one,
wire or phuur order.
LUMBE RMENS
Tfews rQt-rmAxrr -J3AJNTK
BROADWAY AND OAK
.IIIIIIIIIIH.HBTaOT7sVgW
Km
Liberty Bonds
HOLD YOURS
Do not part with them
unless compelled to do so.
BUY MORE
At present attractive prices,
thus reducing cost.
Booklet Ni, SSt givei Interesting
and profitsbtu informstlon.
Wrae TODAY for your nsi copy
ROSE &. COMPANY
Liberty Bond Specialists
50 Broad Street, New York City
THE ANSWER
When ths contract was let for
pavement on the Morrison itret
bridge, the usual questions for ilia
culon arose concerning specifica
tions, etc. All thee questions were
answered In a sentence by the au
thorities, who said, "Simply make
. it like the pavement on HHWthnrne
brida-e. Incidentally, this anrwer
served as a testimonial for War
renlte-Bltulithic, because the pave
ment on Hawthorne bridge wa
laid over five years ago. and sus
tains more heavy traffic than any
pavement in the city.
TEXT BOOK Of
WAIL STREET
1922 Edition
now ready for free
distribution
McCall. Riley & Co.
m Member ('onuoliifated
Stork Exvti&nr of Nw Yurfc
20 Broad St., New York
HOTEL HOYT
Strict Jy Fireproof. Near both depots
aJid convenient oar servioe to
all parts of city.
Single Rooms Without Ilnlh. SI nnd vp
Hliislr litem- With Hath. St and op
1 .1 in . i. 1" 8. KOIIK. Munaxor.
HERRIN& RHODES, Inc.
EstabUshad IK'Jfi.
BROKERS
New York Stocks. Uonds. drain. Cot
Private M'irrs. siembcrs Chicago
Itoard of Trad.
801 -8 Railway Exchang Bldg.
Tslsobons Main ?HS-284
l0 Vfd...fc M M mm, mm
Kins granulated, 5.20c to 5.30c
i