Morning Oregonian. (Portland, Or.) 1861-1937, February 11, 1922, Image 21

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Morning Oregonian., February 11, 1922, Page 21, Image 21

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Newspaper Page Text21 TITC MORNING OREGONTAN, SATURDAY, FEBRUARY 11, 1922 iPID WHEAT RISE CHECKS SELLING Higher Prices Bid in Country for AH Grades. MILLING GRAIN STRONGEST Offers of $1.36 Are Made for Oholce Blucstem and Baart.. Teed Cereals Also Higher. The wheat market was atretic at all points ysaterdajr. Bids at the Uerfchants' Hzchaar. vera 2 centa hlcher an hard wlatar, 1 cent higher on club and ' soft whit and'mxehanced on the other grades. Offers In the country vera on the baata of S1.M (or the beat grade ( Dloeatera and Bart.. I1.SS for marQuls. $1.201.IS tor tnrasr and l.lSei.l84 for clan. It was reported that sliln vaa not aa acttre aa cn the preceding day. becaaae of the Chi cago rise, but the dantaad continued Terr strong-. Thai coarse grain market vaa firm. White eata were 60el higher and gray eata gained liai.&O. March feed barter advanced 60 cent on bid and corn SseSO cents higher. The Bnenoe Aires wheat market closed cents higher and corn 2U centa higher. A private Argentine cable said there was considerable damage done to the (roving crop. Argentina abjpments this week vera (.102.000 bushels of wheat. 1.363.000 bush ela of corn and 1. 182.000 boshela of oata The Argenttne visible vheat supply this week la OOO bushels, against 2.220.000 fcuahele last year, and corn 2.400,000 bush' els. against 1.400.000 bushels. The Liverpool whrt market closed 19 lVkd hilt her. Kxporta from North America this week ware 4.S00.0O0 bushels of wheat and flour and 6. 250.000 bushels of corn. The 1821 wheat crop of Poland Is of ficially placed at S3.o76.00 bnshels. This compares with an average yield of 63.500. 000 bushels for the 8-year period. 1911-1911. The area sown to wLeat during 1921 wai S. 02.000 seres, compared with the 1911 1913 average of .S2O.0OO arrea. The yield per acre during 1921 was 17.1 bushels. compared with an average of 19.2 durmg the 3-year period. 1911.-1913. Terminal receipts. In care, were reported by the Merchants' Exchange aa follows: Port land- to IT eenta for good grades and up to 29 cents for the best. The feature of the market la the etrong position that has been taken by growers, who are not holding back for an ad vance of a cent or two but positively will not sell at the present time. This is par ticularly true of the Chinese growers who recently signed an agreement to keep their hope off the market until next June. First Broccoli Received. Four crates of broccoli arrlTed from Roseburg yesterday, the first of the season The quality vas ft -e and the shipment easily sold at 93.23 a crate, aa against 120-23 asked for California cauliflower. Oranges and lemons sre strong snd fur ther advances in local Jobbing prices art due ionday. !ST0CK LIST TURNS HEAVY PTrAV TO IMPOSE TRANSFER TAX CHECKS RISE. Bank fit ring. Rank clearings of the northwestern cities yesterday were aa follows: (Meartng-s. BaMnen. Portland $4.32.1trJ $ Seatt.a 4.aUS.100 1.2rt3,'fi Taoma transactions 2.317,70 fepcka.no transact Kntf 2,03.iMi AfTftancea. , Quotations on bankers acceptances fol low: v&ym SO 60 tM TVIma ll-'K1a mamhtvra r-t 4 4 4 i'nxno non-ixamt-r. pr cent. . . 4s 4V6 44 POR1XAVD MARKET QUOTATIONS Grain, Floor, Feed, Etc Merchants Exchange, noon session: rri.'ay J7 1 1 Tear a-to... 4 1 3 2 19 S-'n to rlata.t73.B13 JM 17 840 1271 Y-tr aco... .11.233 192 M9 372 loH T co 1 1 a Thursil-v 6 S 3 7 Ta r bio... 4 1 .... 4 S- n to date. P3 1012 114 "3 lr avo... 3,33l 47 69 93 !2 Sa t . Thursdar . M . . 4 Var airo. . - 27 .... t .... 3 P'n to date. H.S34 1ST J5 3S 1C17 Year ago 3 H" HI 2U 811 108 MORE ADVANCES THAN DECLINES i Oatnomtxr Restart Ion In Whole sale Price Lints. Price chances In the wholesale commo dity markets continue npward. 43 ad vances appanng In the comprehensive list of quotations compiled by Iun' Renew, as against 32 recessions. This compares with 47 increases and 2S declines last week, while for the corresponding week a year ago 57 out of 79 alterations were in downward direction. Fluctuations In the grain markets at the start were confined to a narrow range, an early advance in all products being fol lowed by an easier feeling. The down ward tendency was resisted, however, snd a considerable rise was later recorded. Increased consumptive demand, with only fair receipts at primary points for this period, had a stimulating effect on prices of live beef and hogs, but more liberal marketing caused a reaction In sheep. Provisions, while not In active demand, developed a rising tendency, due to the Improvement in hog pricea Butter sup plies were In excess of requirements, and quotations were not maintained. The un dertone of cheese was firm, owing; to the strength of western advices. Eg at start ed with a moderate recovery from last week's decline, but renewed weakness sub sequently developed. Price changes In Iron and steel sre not Important. Among; the minor metals, the position of tin has Improved and copper is firm, but lead and spelter are rather easy. The cotton roods markets are somewhat Irrosrular. though prices of most products hold firm. There has been no essential change In hides or leather. WOOL SPECULATION BLOWS DOWN Contract Prices in West Continue on a Strong Basis. ' TtOSTO.V. Feb. 10. The Commercial Bulletin tomorrow will aay: The demand for wool on the seaboard markets has slackened this week consid- rabiL and speculative trading is less pro- Bounced, so that some low scoured wools are rather less strongly held. "The sanation In the west, however, has gained strength, 36 He having been offered and rejected for the Jericho. Vtah. wool pool, against an Initial bid of ltfc a year kcv The sale is typiral of the situation In the weft, where pricea are being paid which seem hardly warranted by the east ern situation. "The miVm era go ins; on slacker time. The dman-i for goods, except on over coatings and son:e women's wear. Is re ported unsatisfactory, snd stocks of cloth ing unsold and In the hands of retainers are reported 1-irge. The Commercial uUMin tomorrow will pahlish wo-'l quotations as follows: Scoured burnt: California, northern. 1105 TllO; middle county. l5c$I; southern. SO f Ck?. rvgon KmBtern No. 1 staple. $1.109 1 fm and fine medium combine, tie) 1 ('; eatem clothing. KitfiOc; valley No. 1, fN ,r S.V-. ;.; r o n 8 i m ption is tioon Hut tor Mrm With 4 six xiliog at Iligbcr I'Hrr. The ftc market ai fairly steady yee terdiy 11. ds snt into the country ranged from -J tj -7 rfBt with moat of the taur ine at th later figure. Resales on the s;rei a ere at unchanged pr;cee. Rreipta -r not unuui:y large and as local, con sumption a very good, there was no sur p:us on hand Sh.vmenti to out-of-town points are I ghier snd a somewhat lower market is expected for the opening of the commg week. The bu:ter market was f.rm. Cube extras eoid as h.gh as 34 cents with most of the business st 3-3 centa The dmnd for -ubs was brisk. Prints a'ae moved out well. FTRONOF.lt DEMAND IN HOP MARKET High Pricea are Offered. But Ref te Sell, 1 rawer Thre was s market as tit 9 frm tne ear firmer feeling la the hop result of a better demand Offers cr made of 14 HOGS 14c VEAL 16-16 V'c firket vrry firm. Follow the crowd. r-.:E lo u. Chei'ks same day ship merits arrive. TMR I4K rO lC. low r.at M-, I'.nlaaa, Or. Icb. .... 1.1" 117 1.1T 1.1T 114 ...... 1.11 ...... 29 50 23.00 S7.50 2T.0O llarch 1.18 1.17 1.17 1.17 1.14 1.11 SO 00 8.50 2S.00 2T.60 26.50 20. 00 Wneat Hard white ......... s-.rt white .......... White club .......... Hard winter ........ Northera spring Red Walla Oata No. 2 white fed. No. 2 gray Barley Brewing ...... . . standard feed No. 2e1 T. ahJpment. 26 OO No. S K- T. MhiDment 20.0O FLOUR Family patenta. $7.60 per bbL; waote wneai. ts.tiu; graham. S6.4U; banerr card wheat, 7.70; bakera' bluestem pat ents. valley soft wheat. 18.05; atralghta. MILLFEBD Price t. o. b. mill: Mill run, ton lota 124: mixed cars. $23: straight cars, (23 per ton: middlings, IIS: rolled barley. 13438: rolled cats, J37; scratch teel. 145 pr ton. CORN White. 32; cracked. 34 ton. HAT Buying price f. o. b. Tortland: Alfalfa, 13 60 per ton; cheat, JlOBOsmi: oat and vetch. tl4.50; clover. $11; valley timothy, tltttli; eastern Oregon timothy S1SS17. n Iairy and Country Prodnee. BUTTER Cubes, extras. S5tf So per lb.: parchment wrapped, box lota, 41c; cartons, 42c Butterfat. buying pricea: No. 1 grade, 87c. df-livered Portland. KGGS Buying price, 25 27c dozen, case count; Jobbing prices, cue count, 27C?26c: candled ranch, 80c; association, selects, I2c; associations, firsts, 30c; associations, pullets, 28c CHEESE Tillamook triplets, price to jobbers, f. o. b. Tillamook. 26c; Young Americas. 27a pound. POULTRY Hens. 176:4c; springs, 22c; ducks. 222tc; geese. 20c; turkeys, live nominal; dressed, 40c PORK Finer, 13ie per pound.. VilAir fancy. If Va 0 15c Fralto and Trgetablea. Ieal jobbing quotations: FRUITS Navel orangea 14 506 BO box; lemons. 97.50: grapefruit. (3.5007.50 box; bananas, S09o per pound; apples, (1.25 93.25 per box. cranberries, eastern, (18 per barrel. POTATOES-Oregon. (1.7502 per 100 pounds. Yakima, -!2.v per 100 pounds; sweet potatoes. 6e5o per pound; Nancy Ha:i. (2.50 per crate. ONIONS Yellow. (707.30 per cental. VEGETABLES Cabbage. 35c pound; lettuce. (3.7504.75 crate: carrots, (101.50 sack: garlic, 15c per pound; green peppers, 4O05OO per pound: beets. (2 per sack; celery. Oc 0(1.40 dot; cauliflower. (2 0 S. 25 per crate; squash, 4c; sprouts. 20c; parsnips, (1.5002 per sack: tomatoes. (5.50 per lug: artichokes. (l.50 2 per dosen: cucumbers, (2.5092.75 doxen; rhubarb, 15017?c pound. Htaple Groceries. 7-iOcaI jobbing quotations: Bl'GAR (sack basis) Cane, granulated. 6c pound; beet. 5.70c per pound. NUTS Walnute. new crop. 3w per pound; Braail nuta. 23c; almonds,. 2ic; peanut a, 11014c per pound. K1CB Blue Rose, wc per pound ; japan sty!e. !4e per pound.- COFFEE Roasted, bulk. In drums, uo 35 He per pound. SALT Oranulated. Bale. (3-.-a0a.uo; half ground, ton. 50S, (17; 100a, (10. HONEIT Comb, new crop. o.jubj.is per case. DRIED rKllTS taies, io;.re pr pound: figs, (1.400 3.50 per box; apples. 15c pound; peacnea, ioc; apncuis, iot, prunea lOtt0ic neiva SmalT white. 8e: large white. 44o; pink, 8c; bayo. tiVic; red. 6c; lima. 8 VaO pound. II Idea, Hops. Etc. HIDES! rftslt hides. 6c: salt bulls, 6c; green bulls lo les; salt calf. 12c: salt kip. 8e: salt horse hides, (102 each; dry horse hides. SOci(l each: dry hides, loo; dry cull hides, half price. pelts Drr Mlut 13c (long wool; dry short wool pelts, half price; salt pelts, 50c all each; dry goat skins, ioc uonr nsirf, shearings snd short wool tains at vaiue. TALLOW No; 1, 4ViC; iso. i. ana ptr pound. - Publication of Steel Tonnage Re port Also Has Bearish Infla ence Sloney Rates Ease. NEW YORK, Feb. 10. The political sit uation waa again a factor of more than local influence In today's financial market. Bulliah ardor was perceptibly chilled by the agreement of the ways and means committee of the house to impose a tax on stock and bond transfers. Another depressing incident was. the pub lication of the United States Steel tonnage figures for January, disclosing a further decrease In bookings instead of the con siderable gain whicn was predicted In' trade circles .United States Steel common, which led yesterday's spirited rise at its highest price in more than a year, was under constant pressure with kindred Issues as well as tobaccos, specialties snd chemicals. Pricea of rails and closely-held miscel laneous stocks were mainly higher at the outset, hesitant at mid-day and heavy in the final hour. Junior rails owed their Intermittent ac tivity to the maneuvers of pools. Sales amounted to 735,000 shsrea. The 5 per cent opening rate for call loans waa maintained until the final hour, when renewals extending Into th. coming week were made at 44 per cent. The local rate for time funds was practically unaltered, but some of the longer maturi ties were placed at 4 per cent on liberty bond collateral. Foreien exchanres continued to recede. the demand rate for British biHs falling to 4.34. or about 4 is centa under the recent maximum prices. A eased oroDortionately. Speculative raila again were the strong features of the bond market. CLOSING STOCK QUOTATIONS. (Furnished by Overbeck 4V Cooks com pany of Portland.) l.ooo 3,700 29,900 GRAPE Grape root. c per Portland. OREGON pound. Hljrl' li-l crop, i-.fi -"v .uim. WOOL Eastern Oregon. 15fc30e Per pound: valley wool, medium, lssr.-uc. quarter blood. Jfliil.c; low quarter dioou. 14lc: oraia. i-titc; wuu, MOHAIR Long stspie, oc; suurt slspiv. 15c pound. GRAIN BAliS t;sriots. i oast. Previsions. Loral jobbing quotations: " HAMS All sixes. 2-J&32C: skinned, 20 35c; picnics. 180 ISHc; cottsge roll, 24c. BACON Fancy, susc; cnoice, .tow SOc: standard. 22 0 24c LARD Pure, tierces, ito pounu; com- pressed, tierces. 13c. UKI BALA r-acas, piaics, v. Oils. T.1VPEED Oil, Rsw. 1n barrels, PSe; 5-gailon cans. (1 10; boiled. In barrels. 97c; 5-gsMen cans. (1.12. TLR1 EMlMS -tn arums. ti.M; s-gsi- lon rim. (1 30. WHITE LBAO loo-pouna kegs, ji5c per pouna. UAWU.-t.-uni wi(uu snu iron uar- rela, 26c; cases, c , SAN IH-VMIO PRODUCE HAHKET Price t urret oa Vegetables, rrrsh Fruits, F.te, at Kay '"y. SAN FRANCISCO. Feb. 10. (Sttte divi sion of Msrkets Fruit Apples. 3 H and tir S140:3.50: oranset-. (2.5O05.5O: Unions. 4t6: grapefruit. 130 4. 2S; pears. box. (1.7502.75; cranberries., box. (4.500 5.50 v Psultrv Broilers. Itff40c: young roos ters. 2003:1c; old. 16420c; hens. 2203Oc; ducks. 23j28ci live turkeys. 3g3sc; dressed. (7 a 4c Vegrtablss Artichokes, large crate, is 4T2;l; beans, nominal: carrots, sack, lw (1 24: ceiery. crate, (1.5410 s; cucumbers. doicn. 11.25 92.-0; extpiant. pounu. J 10c; lettuce, small crate. (1.75S4 25; mush rooms, nominal; live. pouna. it-, onions, brown, cwt-. (d757.23: white Kiobe. (80V; green. . box, (2.1002.25: p-as. nominal: bell peppers, pound. 10 0 1.V-: p.-tAto-s. s.lUfrs...: pumpaina. eaca. 5cl; rhubarb, box. s.iuasn. summer, small crate. Sd-W: Huoosrc ack.' (L.250 1.50: sprouts, pound. 1301OC; ptnscn. cr.u, (3.25 V 4.25; tomatoes, crate, ic (1.75. Rece.ptw Flour. 1126 quarter sacks; wheat, 47 centals: barley, ai-31 centals; corn, 2400 centnis: potstoes, 3045 sacks: hay. 197 tons: h:des. 17o3; orangea and ieineca, 12O0 boxea. Metal Market. NEW TORK. Feb. 10 icirolytic. spot aud nearby, futures. lSWdHSe. T:r Wcks; srnt and nearby 31.00c: futures, o 2c. Iron Steady. un:hanK-d. Lead Steady; i-pot, 4.7004.80c Ztnc i.-uiet: Kat St. Louis spot. 4?0q4.5.c. Anuraon spot, 4.40c. Adams Exp . . Advance Rum Agr Chem.... do pfd AJax Rubber. Alaska Gold.. Alaska Jun. .. Allied Chem.. Aiiis-Chalmers do pfd Am Beet Sug Am Bosch. . . Am Can Co.. do pfd Am Car & Fdy do pfd ..... Am Cot Oil... do pfd Am r Synd Am Hide & L do pfd Am Ice .... Am Intl Corp Am Linseed.. do pfd ..... Am Loco dotfd Am af Raxor Am Ship A C Am Smelter.. do pfd ..... Am Snuff. . . . Am Steel Fdy Am SuBar.... do pfd Am Sumata. Am T ft T Am Tobacco. . do a . . . Am Wool.... do ptd Am W P pfd. Am Zinc .... Anaconda ... Assd Oil Atchison .... do rfd Atl Gif W t Baldwin Loco do ofd Balto ft Ohio do ptd ..... Beth St "B". Booth Fish... B R T Butte C ft Z.. Butte ft Sup. . Bums Bros... Caddo Oil. Calif Packing Ca'if Pet do pfd Canadian Tac Cen Leather. . Cerro de Pas Chan Motor. . Ch;o ft N W Chi Gt W ... do pfd .... Chili Cop .... Chino C, u St f . do pia . . Coco Cola . . . C ft O Colo F ft 1 .. Colo South Colo Gu A El Colum Graph. Con oas ..... Cons Cifrara .. do pfd .... Contl Can .... Cit Ser Bkrs. Corn Prod ... do pfd ..... Coden Oil ... C R 1 ft P .. do A pro . do B'- pfd. Crucible .... do pfd .... Cuba Cane . .. do pfd .... Cub Am Sug Del ft Hudson Dome Mines . Del & Lack Sales High. 1,900' 60 Low. 400 33 83 8. BOO 1O0 100 700 1.21-0 100 Bi-0 400 2.1O0 lOO 400 1 58 45 t2 37 96 147 500 SoO 500 20O 3.100 1.200 600 4.1U0 10O S0O BOO 300 lOO 1.3-H 3.0UO OO l,fH 1.60O ' 1.4i0 2ll0 1.400 200 200 50O S.0O0 "i'sno 4I0 l.tt-0 22,700 200 2.0OO 20O 12.000 ' "20b 200 1,000 100 2tK 500 6.500 200 6.200 1,300 SCO 11.700 2.S0O 4i0 6) 4100 710 S.200 8.0M0 2.400 2,100 " 5O0 OOO 10,3'0 5iO TOO 200 200 6 14 65 94 43 S2 &7 10S ""'4" 8 45 91 118 o !Ki; 27 118 135 131 83 1C4 24 13 47 86 26 104 106 36 53 65 11 5 26 llrt li 60 86 127 32-i 33 65 67 6 17 16 26 20 34 45 58 '42' " 70 1 90 20 50 " 53 15 68 44 92 34 S5 37 1X1 147 "26 "6 14 60 94 41 81 06 106 "4" 8 45 90 118 32 66 94 24 117 ,133 130 82 104 26 13 47 97"" 86 26 102 106 85 53 63 Vi' 5 25 116 11 71 48 86 12.'. 32 33 64 67 6 17 ' 16 26 10 33 44 67 'ii 69 1 90 18 48 52 3.900 103 102 4.300 8.100 "506 5,900 loo 400 2,200 S00 100 300 2.200 Davison Chem 16.100 tpe 13013c: 30.870 del very. Kssar Markets. NEW TORK. Feb. 10 Sugar futures closed steady; approximate sales 9O00 tons; March, 2 12c; 51" V. 2.32c; July. 2.50c; Sep- n b-r, 24c Refined unchanged at 5.00 05.10c SAX FRANCISCO. Feb. Hawaiian sugar. 3.54c. 10 California- ottoa Market. NEW TORK. Feb. 10. Cotton; spot. quint. .Middling, 117.40. Etxiicott John Brie do 1st pfd El Stor Btty. 1-amous Play. Fed 51 ft S. do pfd ..... Fi.sk Tire . . . Gaston Wma , Gen Cigars Gen Elt-c ... G-n Motor ., Glen Alden . Gen Asphalt , Goodrich .... Goodyear .... Granby Gr Nor Ore . do pfd .... Or Cananea . Gulf S Steel . Houston Oil . Hupp Motor , Ills Cent .... In&ptration lnt Ag Corp. do pfd .... Interboro .... do pfd .... Int CaJhahan. lnt Harv ... do pfd - Int Jler Mar. do pfd .... Int Nickel .. lnt Paper ... do rfd Invincible Oil Inland Oil .. Jewel Tea .. K O Southern K C Sdu ptd.. Kelly-Sprtld . Kennecott .... Keystone Tiro. Lack Steel ... Lee Tire LehlRh Valley. Loriiiard Lowe Theaters L 1 N Mackay Maryland Oil. Mart ft Parry May Stores ... Vex Pet ...... V;iml Vld States Oil V!tvale steel. M K & T Wl.. do pfd Wl,. Mont Tower . Mont Ward .. Mo Psc do pfd M St P ft S S M Nor A mn .... Nat Biscuit .. Nat Enamel . . Nat Lead Nevada Con .. New Haven . . Norfolk & W. Nor Pac Nova Scotia St N Y A r Brake N T Central.. Okla Prod ref. Ontario Silver. Ontario ft W. . Otis Steel Pacif'c Dev . . Pac Gas ft Ele Punta Alleges Pac.fic Oil ... Pan Arm Pet. do "B" Penna Peo Gass .... Per Marquett Pure Oil Phillips Pete . Pierce Atow . Pierce Oil .... Pitts Cos! . Pius ft W Vs. do pfd Pr.sc(1 St Car Ful'.rran ...1. P. ay Cons .... Kead-ng Pemlna-ton ... P.eDlor'e Steel Republic I ft S floo 2.5O0 3.80 1.0UO 4.400 "ioo 100 100 ""ioo 7.700 a. 300 200 35 34 'ii 63 81 9 24 19 "23 112 61 81 11 17 143 79 "S9"" 12 iii 9 "61 37 34 S3 75 61 81 23 18 '03'" 111 58 8.1 10 16 142 7 rS" 12 iii' ' a "eb 36 1.600 6, ioo V.ioo 1.T00 l.!O0 1.000 700 ' '300 300 300 200 100 Y.606 3.51X1 1,200 400 V206 &.700 200 5O0 2oO 9O0 7.900 1.O00 2.3O0 m-o 1,000 "l.soo 300 ' 3.6O0 700 100 26.700 20 ' S.0O0 3 next 1.000 l.Oi'O loo ; oo 1 200 2.200 'V.ioo' ' I.60O ' "400 2.SOO 500 6.000 2"0. rtoo 4 900 5O0 "'700 l.OOO .A ' liWl l,OH 4 200 8 300 1 fiou i;i 5 800 3 700 l.AOA 90O 3 0x 1 OilO 900 500 " '300 900 .-uwi 8O0 2 ioo 900 S,3VO 35 76 '76 76 14 101 38 38" . 3 8'i 6 84 "ii 70 12 49 "is" 2 13 24. 54 3S 27 16 49 28 59 "ii 114 "2i" " 32 107 119 2fiH 12 31 10 27 67 13 1! 48 57 " '14" 1 lm 80 59 77 2 10K - 7 a 64 37 4N S3 4 S4 75 34 SOH 15 9 2 25 "6 116 14 74 32 32 5S 35 74 "74"" 74 14 101 37 -36" 3 8 5 84 "ii" 69 32 49 "ii 2 13 24 54 37 2-7 16 47 27", 58 "ii 11s '27 32 407 in 26 12 30 10 27 67 13 1 48 "56 "io 'is 17 100 78 "58 13 2 '21 10 7 64 36 46 52 46 S4 74 34 30 14 9 1 25 lis 14 7S SO 30 62 Bid. 5S 11 33 56 is 19 45 91 84 Oi 37 95 14 116 20 42 14 63 93 41 31 50 16 113 4 8 45 89 118 32 65 95 24 1V7 133 129 82 10ki 26 13 47 99 97 86 26 102 106 35 53 63 . 111 5 25. lib 11 1 71 48 8 126 S2 33 64 67 6 16 16 26 19 33 44 57 26 41 69 1 90 19 48 62 19 102 114 34 34 87 75 61 80 9 23 18 110 22 111 59 81 11 16 141' 79 8 88 12 67 145 8 45 60 37 10 23 35 74 26 74 75 14 101 87 8 85 2 8 5 S3 105 14 69 32 48 80 14 2 lh 54 37 27 15 47 27 38 150 11 113 79 37 31 lo 117 26 12 SO 10 27 67 13 18 48 60 56 13! 40 13 17 10O u. 7 25 .. 73 2 4 21 10 . civ s 46 33 .;i 74 21 S4 30 14 9 61 24 73 63 113 14 73 3' SO t2 do pfd IOO Rep Motors . . 4-0 Roy Dutch Oil 2,600 By Steel Sps Saxon Motors . 40 Sears Roebuck 7lHl Shattuck. Arix 200 Shell T ft T... S0O Sinclair 3.0OO Stand Oil Ind do N J 5O0 Sloes Phef 2o0 South Pac ... 18,700 So Railway... 1.5O0 Stan. Oil Cal. St L ft S F.. Strom h Car... Studebaker .. Swift Co.. Tenn C ft C 700 Texas Oil 6.30 Texas Pac... S.900 T P C ft O... 1.3O0 Tob Prod. . . .. 1.500 Transcon OH . . 4.SW0 Union Oil Del S'K Union Pac... 3.S'M) Unit Alloy 100 Unit Drug . .. 400 Unit Food P. 4,000 Unit Fruit... 1,100 Union R ft P. 200 TJ S C I Pipe. 14.100 Un Retail St. . 8.O400 U S I AlcohoL 3.300 U S Rubber.. l.w0 do 1st pfd.. 300 TJ S Smelting. 400 U S Steel 34.6O0 do pfd .... Utah Copper.. Va Chem do pfd .... Vanad Steel.. Vivandou .... Wabash ...... do A pfd... do B pfd... Wells Fargo.. West Pac ... do pfd .' West Union.. West'h ' A B. . West'h E ft M West Md White Motors. Willys Over... do pfd . . .. Wilson Pkg .. Wis Central .. Woolworth ... Worth Pump. W ft L E... White Oil S3 5 SI 83 5 60- 600 8.500 300 ' 6", OOO 9.O0O l,10O 2.700 206 300 IOO 500 ' "l.OOO 1,000 BOO 800 200 63 8 38 20 178" 41 83 19 95 24 "95. 102 10 45 31 25 63 10 19 131 27 6S 3 134 69 27 55 45 54 33 89 116 61 30 "35 8 7 82 . 16 62 90 "53 9 38 5. m 200 84 100 27 200 148 100 47 loO 7 60O 8 8 38 19 177" 40 82 18 94 23 "ii" 101 10 45 30 24 63 9 19 129 27 68 2 134 68 26 54 44 53 99 S3 87 116 60 30 'si 7 7 21 "82" 15 R2 89 "52 9 87 6 T 27 84 27 148 47 7 8 S3 S SO 96 2 63 8 37 39 8 178 40 82 18 94 23 39 94 101 10 45 SO 25 63 9 19 129 26 67 3 133 68 2tf 54 44 53 99 82 87 116 60 30 66 "I 7 21 34 81 13 61 89 93 52 9 87 5 27 83 27 148 46 7 8 . 84 . 61 , 95 94 96 BONDS. a S 2s reg. 101 INo Pao 4s do coupon. ..1011 do 3s do 4s reg...104!Pa T & T fis do cv 4s cpnw105 IPenn con 4a.. Pan 8s reg ,...79 ISo Pac cv 6s....' 00 cpn -i iso Ky 09 o A T ft T cv 6s.ll0IL!nion Pao 4s... 91 Atcn gen 43. pm iu s st bs 100 1 ac ruo cons 43 1 3 N X Cen deb 6s 99'sl 'Bid. . fc Liberty Bond Qnotatlons. Liberty bond and victory bond quota tions at New York as furnished by Over- Decs: & 4JOoke company of Portland : ODen. Hieh Low liberty, os ....96.70 Liberty, 1st 4s. ..90.20 Liberty, 2d 4s... 96.00 Liberty, lirt 414s.. 96.10 Liberty, 2d 4 s.. 96.04 Liberty, 3d 4s.. 97.22 Liberty, th 4 s. 98.24 victory. Victory, TJUHl HEGEIFTS ARE SMALL PRICES ARE MAINTAINED IX ALL DIVISIONS. ' Hogs Firm at $10.75 for Prime tights With Dime Premium Paid for Fanc-y. The run at the stockyards waa again light, only three loads and prices were generally firm. This was particularly true in the hog division where the bulk of the sales were again made at 10.75, while a small lot of fine hogs sold at a dime pre mium over this quotation. Prices were unchanged in the cattle and sheep mar kets where offerings were limited. Receipts were 82 cattle, 2 calves, 166 oops and 27 sheep. The day's sales were as follows: Wgt. Price. Wgt. Ptice. 2 steers. 915 1 6.251 lhog... 590 7.0O 1183 7.00U0 hosts.. 4.00112 hogs.. 3.50 6 hogs. , 4.50il3 hogs.. 4.251 1 bull... 4.50! 1 bull. .. 4.251 1 bull. .. 5.25 7 mixed. 4.30i 6 hogs. 1280 o 930 1130 1030 270 2130 1440 209 1O.30I 1 hog. . 330 9 oO 470 8:50j 173 10.75! 290 9.251 290 10.751 8 hogs 21 lambs. 2 ewes. . 4 wethers 143 10.851 277 10.40 258 10.50 2S3 10.00 1480 5 00 1050 4.75 1210 5.00 892 5.00 200 10. 460 9.00 126 10.23 81 9.23 105 4.50 122 7.50 97.48 96.50 96.18 96.66 96 10 97.88 97.86 4s. -.100.10 1O0.12 10008 1O0.1O Ss. .. .100.00 100. 00 99.96 99.96 96.50 96.00 96.00 96.10 Sfl.OO 97.22 97.24 Close 97.00 96.10 95.90 98.36 96.0O 97.30 96.30 Mining Stocks at Boston, BOSTON, .Feb. 10. Closing quotations: Alloues Arix Com Cal ft Ariz 58 Cal & Heels. . .210 Centennial .... 12 Oop Ra oCn C 41 Franklin Lake Cop 2 Mohawk t;'-. No Butte 11 28!01d Dom 8Osceoia fWulncy Superior buD ft Boston M Shannon ....... 1. tan Cons .. Winona Wolverine 23 32 42 2 1 1 2 40 10 Swift ft Co. Stocks. Closing prices of Swift & Co. stocks at Chicago were reported by the Overbeck & Cooke company of Portland as follows: Swift & Co 101 Libby, McNeil ft Libby 5 National Leather 2 do new 10 Swift International 21 Money, Silver. Etc. NEW TORK, Feb. 10. Call money, easier; high, 5 per cent; low, 4 per cent; ruling rate, 5 per cent; closing bid, 4 per cent; ottered at 4 per cent; last loan, 4 per cent. Time loans, firm; 60 dsys, 4 5 per cent; 90 days, ilkQo per cent; six months, 4 & 5 per cent. Prime mercantile paper, 45 per cent. Bar silver, foreign, 65c. Mexican dollars, 60 c. LONDON, Feb. 10. Bar silver, 34 d per ounce. Money, 2 per cent. D.scount rates and short and three months' bills, 3 3-10 per cent. New Vork Bonds, New York bond Quotations furnTshed by Herrln & Knodes, inc., Ol Portland. 110 100 102 102 95 102 88 79 100 101 . 100 101 107 99 lull 108 1U9 103 97 96 105 106. 106 58 110 101 108 100 102 102 103 104 3 03 107 108 107 104 101 96 109 97 11.2 303 107 99 Humble Oil 7s 1923 100 Am Tel ft Tel 6s. Am Tob 7s do Anaconda 7s B... Anaconda 6s A... Armour cv 7s.... Armour 4s .... Argentine ul os.. Am Ag Chem 7a uetn foteel s do do Ea 7s Belgium Ext 7s Belgium 6s do 8s Bergen 8s, City of Berne ss. Ulty ox Braxil 8s Canadian 5s . . . . . .-t. . .. . . . do Can. Nat Eq. 7s Chi ft N-W 6s Chicago, N-W 7s 51 & st p gndcri s a Can Nor 7s ...j Chile 8s Christiana 8s, City of Copper Exp 8s ao do do Cuban Amer Sugar 6s. Con Gas cv is........ Dla Match 7s Denmark 8s .......... Danish Mun 8s Dupont 7s French ext. 8s French 78 Grand Trunk 7s....... Goodrich ,s ........ Goodyear 8s Gulf Oil 7s Great Northern 7s.... Hershey 7s .192 1922 1923 1929 1929 .11130 1029 1945 1W41 .'. ..1922 1923 1935 1945 1925 .111-10 1945 , 1945 1941 1926 1931 1935 3936 . .1930 ..2014 4.3 940 ..1941 ......'.1945 1922 1923 ;..3924 1923 3 931 1925 1935 .......1945 1945 J 931 ...1941 ..-.1940 ...1925 ...1941 ...1933 ...1936 .1930 Int Rao Tr ref 5s 1966 lnt Mar CT 6s 1941 Jap ext 4s 1931 Jap 1st ext 4s 1925 Jap 2d 4s ger S 1925 Kellv Springfield 8s 19:11 Kennecott 7s 1930 Llbbv, McNeil & Libby 7s Morris ft Co. ,73 1930 Mexican Pete 8s 1936 NYC call 7s 3930 Norway Ss 1940 N P ft G N (Jnt) 63 1936 X P s 2047 Northwest Tel 7s 1941 Ohio C. G 7s 3925 Ohio Power 7s 3951 Pan Amer 7s 3930 Pnns 63 3916 Rua Rubies 5s 1926 San Paulo 8s 1936 Southwt Tel 7s 192 Swedish Govt, fls 1M Standard OH N. Y. 7s 1931 , Stand Oil of Cal 7s 1U Steel ft Tuoe 7s.., 19.il Swiss 8s - 1940 Sears Roe 7s . do 1 123 Plnr'air s 1?-: Swirt Co 7s 19-. T-n Tank 7s 1930 Un! King cv 53 1922 do 3 02fl rni King Ks 1937 Uruguay Ext 5s ........... ... U S Rubber 73 1fl-o Wilson 1st s i.1928 West Elec 7s . 19:i Westinghouse 7s 193t Zurich S. 1943 64 92 73 88 87 103 102 99 103 100 106 109 106 106 107 inn 101 95 106 4 101 lOl 97 107 in-, 98 114 ion . 99 ion ioo 103 103 103 9S 66 104 84 in.- 54 105 108 6 steers. 1 cow. . . 1 cow . . 1 cow. , 1 cow. . H cow.. 1 calf.. 1 bull... 1 bull... 40 hogs. . 1 hog... 1 hog. . . 61 hogs. . 1 hog . . . 1 hog. . . Prices quoted at the Portland Union stockyards wero aa follows: Cattle Prices. Choice steers t 7.00 7.75 Medium to good steers...,... Fair to medium steers. Common to fair steers ....... Choice feeders ....I.......... Fair to good feeders Choice cows and heifers Medium to good cows, heifers. Fair to medium cows, heifers. Common cows Bulls '. Choice dairy calves Prime light calves ............ Medium light calves ........ Heavy calves ., Hogs Prime light , Smooth heavy, 20O -to 300 lbs. Smooth heavy, 300 lbs. up.... Rough heavy ................ Fat pigs Feeder piga Stags, subject to dockage.... Sheep East-of-mountain lambs...... Best valley lambs Cull lambs Fair to good Eastern Oregon feeders....... Light yearlings ,. Heavy yearlings Light wethers Heavy , wiethers . alwes 6.25 7.0O 0-75 W 6 23 4.75 6.75 6.009 6.30 4.50 6.00 6.25 5.00 S.75 4.25g 6.00 . 2.20 3.15 . .. 3.5U81o-au .. ll.OO1200 . . 10.00 11.00 . . 7.00e 1U.UO .. 5.60i3 7.50 10.5OlO.7S 9.23 10. 8.25 9.25 6.00 8.75 10.25 10.50 10.00 10.25 5.00 7.00 9. 75 10.50 8.234? 9.25 4.75 6.25 6.75 8.25 7.00 8.00 7.60 8.00 6.00 !UJ 7.50 6.50 7.50 4 SOW .B.OU 3.000 6.00 Chicago Livestock Market. CHICAGO, Feb. 10. (United States Bu reau of Markets.) Cattle Receipts. -4000 head. Beef steers steady to strong; qual ity plain to S6.80, weight 1326 pounds; bulk beef steers, S6.757.73; fat she stock and calves steady; bulk vealers, J1010.75; canners, cutters ' and bulls, slow,- about steady; bulk bolognas, $3.854.10; mock era and feeders firm; bulk $6.23 6.75. Hogs Recerpts, 31,000 head. Market 30c to 23c higher than yesterday's average. Lighter weights active, others "slow; big packers holding back; (10.25 paid for 160 pounl average; bulk light, $1010.25; bulk others, $9.50ig'9.9O, pigs, 1015c higher; bulk desirable around $9.50. Sheep Receipts, 6000 head. Best fa lambs strong to 15c higher; others and sheep steady, fat lambs, top to shippers, early, (14.75; packers, $14.65; medium and go'od kinds. $13. 7& 14.40: fat ewes. too. aarly, $7.75., . Kansas City Livestock Market. KANSAS CITY, Mo., Feb. 10. (United States Bureau of Markets.) Cattte Re ceipts, 1100 head. Beef steers and fat she stock steady and strong; top -steers, $7.50; medium to good heifers, $5&6.50; fairly good cows around $4.75; plain $4 4.23; canners and cutters, $2.503.75: bulls mostly $3.754.25; good vealers, $S.509; no cnoice ones ottered; good stock steerB. 36.50. Hogs Receipts. 2000 head. Market fairly active, steady to strong; spots 10c higher; shippers buying sparingly; few lightweight on sale; best 170 to ISO-pound light weights, $9.609.85; 200 to 300-poundrs, auto-u.oo; duik ol sales, $8.159.60; packer top, $9.t!0; packing sows and ilgs steady. . Sheep Receipts, 7000 head. SheeD steady. Lambs generally 1015c higher; uothing choice on sale; best offered, $13.60. Omaha Livestock Market, OMAHA, Feb. 10-s-(United States Bu-' reau of Markets.) 'Hogs Receipts, 9000. Lights. 15o25c higher: other erariM steady to lOc higher; bulk, $9.1O9.60; top, 0.40, u.tatue mnues, 4 1 . 40 up o. 1 o. Cattle Receipts, 1300 head. Beef steers steady to easier. She stock about steady; bulls dull, 25c lower; veals. Blockers, . gen erally steaely. Sheep Receipts, 5500 head. Lambs steady to 13c lower; bulk $13.3018 13 -60: top owier classes steady: yearlings ! ' Personal N. i J letter y C 1 jut yOz. efficiency ,-3r- V ' 9 .---tot.;; -r SSfc "f I0S patterns oV . jf' "mm -jJij' " L tU "LP XL! West-Made Desks 1 X Pll . if -w D inOahand j J t , tHe esk Did you ever hear of a guaranteed desk? Here it is ! WEST-MADE ! We call it the 50-year desk but guar . antee it without limit against de fects of workmanship or material !. WEST-MADE desks are now sold in every State west of the Rockies. They're used in the best-equipped offices of San Francisco, Los Angeles, Portland and Seattle. West-Made desks are rugged, massive, business-like. They have many exclusive features that increase efficiency. Drawers are scientifically arranged. Every space is built for a certain purpose. Added to the recognized merit, is a substantial saving in freight, be cause West-Made desks are built on the Pacific Coast. Different modsls in standard, harmonious designs, make them equally suitable for private or general office. See the complete West-Made line at leading ogftce furniture dealers from Seattle to San Diego. , WEST-MADE DESK COMPANY Manufacturers . .. Portland, U. S. A. Sold in Portland by Kilham Stationery & Printing Co. Glass & Prudhomme Co. Bushong & Co T COIiD WAVE PREDICTED FOR "WINTER CROP BELT. Higher Foreign Prices Also Influ ence Chicago Market Argen tine Estimates Reduced. CHICAGO, Feb. 10. Unfavorable con ditions for the domestic winter crop, to gether with higher quotations at Liver pool and Buenos Aires, did a good deal today to bring about new upturns here in the price of wheat. The market closed firm, at 1 4 2 c -net gain, with May 11.81 1.81 and July 91.17 01.17. Corn advanced ' to H4lc, oats to ec, ana provisions nngiac. With high winus Teportea as prevail ing in Kansas, a cold wave predicted and no moisture looked for, a majority of wheat traders appeared to regard the crop outlook as becoming more critical and as warranting hiEher prices, bpeciai signui- cance, too, was generally attached to the fresh gain in values at .Liverpool in par ticular, inasmuch as the Liverpool mar ket had already made a straight away ad vance of 26 cents as against 16 cents here. A reduction of 50,000,000 bushels in cur rent estimates of the Argentine crop sur plus was also effective as a stimulus to buyers. Word of serious damage to the corn crop in Argentina was the chief, factor producing higher prices here for corn. Changes in the value of oats were gov erned mainly oy me action oi mo corn market. Provisions ascended witn nogs ana grain. I. 35. Oats, red feed, 91.40(81.50. - Com. white Egyptian, SI. 72 1.B9; red milo. II. d501.6O. Hay White, 91701; fair. 914017; tame oat, 915018; wild oat, 911018; alfalfa, $13016; stock, 97010; straw, nominal. Seattle Grain Market. SEATTLE, Feb. 10. Wheat, hard white, soft white, white club, soft red winter, 91.17; hard red winter, 91-19; northern spring, 91-18; eastern red Walla, 91-13; Big Bend bluestem. 91-24. Winnipeg Grain Market. WINNIPEG, Feb. 10. Wheat, May 91-26, July 91-23. Dolnth Linseed Market. DTTLTJTH, Feb. 10. Linseed on track, 92.3002.41; to arrive, 92.39. shipments, 1063; stock, 72.805, Quote: B, E, F, G, H, L. 94.20; K, 94.SO; M, 95.15; N, 95.40; WO, 9570; WW. 98. WHEAT IMPOSTS' LIKELY TJ. S. IS FACING SHORTAGE BE FORE YEAR ENDS. . Seattle Livestock Market. SEATTLE, Feb. 10. Cattle and hosrs. steady; no receipts; no price change. TRADE IMPROVEMENT IS UNEVEN Gains. While Moderate. Are of Wholesome Character. NEW TORK, Feb. 10. Dun's Review to morrow will say: The movement toward better business continues, but it is still slow and uneven ana encounters various obstacles. Efforts to reduce production costs through ad justment of wages and working hours meet with resistance in some quarters and labor troubles at certain points have further re stricted the public consuming power. Results of retail distribution disclose the influence of economy and discrimination in purchasing and the effect of variable weather, while demands in different pri mary channels reveal an unmistakable undercurrent of hesitation and caution. the gains which appear however, are of wholesome character, if moderate, and the improved position of the steel industry is especially encouraging. At prices much below the previous highest levels, some buyers who had deferred commitments as far as possible during the period of de flation are now more disposed to operate, and the trend is steadily in the direction of increased outputs at some manufactur ing establishments. Weekly bank clearings were 95.713. 820.000. Standard Oil Storks. Standard Oil quotations furniphed by Overbeck A Cooke company of Portland: liising Bid. Asked, AngTo 17 Borne Scrysmer 32 Buckeye 11 Chesebrough -.15 do pfd iw Con tf nental 128 Crescent 32 Cumberland 132 Eureka 8S - Galena com 42 Galena Old pfd 107 do New pfd 1W Illinois Pipe 1VT Iniana Pipe 80 National Transit 29 N. Y. Transit .l-'4 Northern Pipe -. . -1 - Ohio Oil 203 InterM Pete 14 Penn Mex 18 Prairie Oil .135 . Prairie Pipe 240 Solar Refg 360 Southern Pipe. E. Div 14 South Penn Oil 1M S. W. Pern Oil 6 S O Indiana S O Kansas .550 S O Kentucky 4.".S S O New ork 3rti S O Otoio .-. ...8J. do pfd 115 Swan A Finch 3rt Vacuum .334 Washington ................. JS S O Nebraska 1W Imperial Oii 102 17 3-0 13 1 !K 112 132 34 142 90 . 43 110 102 171 PI 29 ir.9 105 272 15 19 545 244 30 96 190 64 86 570 -465 365 390 116 35 337 32 175 104 Phone your want ads to The Ore gonian. Main 7070. Automatic 560-95. Foreign Exchange. NEW YORK. Feb. 10. Poreien exchange heavy. Great Britain, demand, 94.34 y ; cables, 94.34. France, demand, 8.56; cables cables, 8.56U. Italy, demand, 4.87: cables 4.8S. Belgium, demand. 8.15; cables, 8.16. Germany, demand, .50; cables, .51. Hol land, demand, &i.zz cables. 87.28. Norwav. demand. 16.43. Sweden, demand, 25.98. Denmark, demand. 20.50. Switzerland, de mand, lit. 43. Spain, demand, 15.70. Greece, demand, 4.48. Poland, demuid, .03. Czecho-Slovakia, demand, 1.94. Argentine, demand. 36.37. Brazil, demand. 13.50. Mon treal. 15. QUOTATIONS ON IAIRT TROOUCTS Current Pricea Baling on Batter, Cheese and Eggs. SAN FRANCISCO, Feb. 10. Butter, ex tra 47c; prime firsts, 35c. Eggs Extras, 32fec; extra pullets, 30 "isc; .undersized, No, 1, 27c. Cheese California flat fancy, 26c; Young A merica, fancy, 28c NEW YORK, Feb. 10. Butter Firmer; creamery higher than extras. 373438c; creami-ry extras, 37Mtc; creamery firsts, 33 37c Eggs Steady; fresh gathered firsts, 41 43c. , Cheese Firmer. t CHICAGO, Feb. 10. Butter Lower; creamery extras, 37o; firsts, 3136c; sec onds, 2s30c; standards, 34 a Eggs Lower; receipts, 11,184 cases; firsts, 36S6Ac; ordinary firsts, 3132c; miscellaneous, 34 & 35c. SEATTLE, Wash., butter unchanged. .Feb. .10. Eggs and Coffee Futures More Active. NEW YORK, Feb. 10. The market for coffee futures was a little more active today and generally lower. It closed at a net decline of 11 to 16 points. Sales es timated 13,000 bags. March, 8.46c; May, 8.49c ; July, 8.50c ; September, 8.52c; Oc tober, 8.52c; December, 8.53c. Spot, quiet, Rio 7s, 8Ts9c; Santos 4s, 1212ic Eastern Poultry Market. NEW YORK, Feb. 10. Live poultry, firm; broilers, 3640c; chickens, 25 32c; fowls. 31 33c. Dressed, irregular. Western chickens, 2545c; old roosters, 1924c The Chlcaeo grain letter received yes terday by the Overbeck & Cooke company of Portland follows: W heat Selling was ratner general . the opening, but offerings soon dried up nnrt Tiriees advanced rapidly on the more bullish news budget. Perhaps the most en couraging development of all was the ap pearance of export buying, in conjunction with" renewed activity in domestic milling circles. Up to the close, the seaboard con firmed only 000, woo ousneis soiu ior nnrt. mostly Manitobas, but It was the impression, with sood foundation, that a much, better business was done in Canadian aa well as sulf wheat. Local milling interests reporteo. liberal ilour sales over n&ffht lor domestic consumption, aim it was intimated, but lacked confirmation, that a large export flour order had been placed. W,e believe prices will continue to Corn Activity on the buying side of futures found the market more responsive than has been the case for the past few days. Pressure from cash interests was less in evidence and there was considerable buvine credited to the seaboard against export salea. The cash market was strong and the basis slightly higher. The farmer is able to secure a far better price lor kio corn through the medium of livestock and we see no reason why tnere snqum do u burdensome pressure until a more attrac tive market is offered. Oats Bullish sentiment predominated in this market. Influenced by the advances In other grains and a strong cash market. Other -news was colorless. When the usual spring demand for oats gets under way, the l;rade will recognize the fact that the statistical position is very much the re verse of what the visible supply would in dicate. Rye Trade in futures was the largest In a long while with prices on the up grade, aided by reports from the seaboard of a good export demand which was substan tiated by buying in this market. Provisions The strength in grain and higher hog markets encouraged buying for investment accouat, which found offerings light. leading futures ranged as follows: . WHEAT. Open. High. Low. Close. ...$1.29 Jl.32 U 29 J1.31S ... 1.15 1.38 1.15V& 1-1714 CORN. ... .6T .50 .57 .69 H ... .80 . .ffii ' .60 .61 OATS. ... .89 .40 .394 .40 ... .41 .42 .41 .41 ES3 FORK. May July May July May July May 19.00 May July May July CHICAGO. Feb. higher; fowls, 24c; tera, 17c 10. Poultry, alive, springs, 2ftc; roos- LARD. ...10.65 30.112 10.65 1O.S0 ...10.87 11.08 10.87 11.02 SHORT RIBS. . . . 9.97 10.25 9.97 10.25 ...10.25 10.S5 10.25 10.35 Wheat No. 3 red, $1.2T1.30; No. 4 red, ''own-N'o. 2 mixed, 53H54c; No. 2 yellow, '5355c Oats No. 2 white, 384014c; No. 8 white, 8537ic. Rye No. 2, 96c. Barley 5565c. Timothy seed $5 7.50. Clover seed $1222. Pork Nominal. . Lard $10.50. Ribs $8.7o10.75. Primary Beceipts. CHICAGO, Feb. 10. Primary receipts Wheat, 880,000 bushels against 938.000 bushels; corn, 2,018,000 bushels against 931,000 bushels; oats, S58,U0O busbeis against 40ff,uou ousneis. shipments Wheat, 504.000 buuhels against 1,052,000 bushels; corn, 1.388.OO0 bushels against 515,000 bushels; oats, 613, 000 bushels against 322.000 bushels. Clearances Wheat 523,000 bushela; flour 42,000 barrels; corn 388,000 bushels oats 36000 bushels. Carlots Minneapolis, wheat 203, corn t nut. Rl. rve 7: Duluth. wheat 7. corn 3S' oats 1. Kansas City, wheat 228, corn 4S oats 1; St. Louis, wheat 33. corn 124, oats 21; Omaha, wheat 71, corn 76, oats 21. Minneapolis Grain Market. MINNEAPOLIS. Feb. 10. Barley, 44 5-8- flax. No. 1. $2.362.43; wheat. May $1.35. July $1.26. , San Francisco Grain Market. SAN FRANCISCO, Feb. IO. Wheat Milling. $2.052.12: feed, $22.1. Bar ley, feed, $1.22ii fe l.30; shipping, $1.32 9 Over-exportation of Surplus to Eu rope Indicated Argentine and Australian Estimates Reduced. The position of the wheat market could not be much stronger, according to the weekly grain review of Logan & Bryan, of Chicago, received yesterday by Over beck & Cooke company of this city, which said: Statistical deductions on the world's wheat position are being revised from day to day and the latest conclusion is that the margin between supply and require ments is going to be alarmingly close. The persistent advances in Liverpool and Buenos Aires prices have been more or less mysterious, in view of the fact that the southern hemisphere's crops are Just being put on the market. Disappointing yields are undoubtedly the explanation. The United States department of agricul ture yesterday received an official report placing the Argentine crop at 155,000,000 bushels or a reduction of more 'than 50. 000,000 bushels from the estimates earlier in the season, which statisticians of Kurope accepted in computing their supply and demand, possibilities. The Australian exportable surplus also has been reduced. some 30,000,000 bushels or more. This can only mean that import ing Europe must look to North American supplies and Canada must furnish all of it, unless the United States is to be placed on an Importing basis before the end of .the season. This will probably be the case, as even now, with our exportable surplus well cleaned up, we are selling a little wheat abroad from time to time and likely to sell considerably more during the next four months. One thing that has held the market in check recently has been the lagging ten dency of the cash market a local con dition due In large part to the scarcity of storage spacein Chicago and indifference on the part of the milling interests. Ele vator facilities have been overtaxed by the large supply of coarse grains. Stocks of wheat here are comparatively small and It is reasonable to assume a big part of it will be moved out by way of the lakes when navigation opens, in, which event shorts in May will find themselves in the uncomfortable position of not being able to secure the wheat necessary to fulfill their contracts. One big surprise of the week was the decrease of over 1,500,000 bushels in the visible supply, in face of large receipts and small clearances, Bhowing much larger domestic disappearances than re ports indicated. The country is awakening to the situ ation and when the demand for flour gets well under way it Is apt to create excep tional conditions World Wheat Shipments Increased. World shipments of wheat last week compare with the same week last year as follows: Wk. ending. Wk. ending. Feb. 4. '22. Feb. 5. '21. U. S. and Canada... . 5,115,000 9,714.000 Argentina 3,44,uw yho.uoo Australia 4,272,000 1,806,000 Others 24,000 754,000 Land Exchange Made. " OLTMPIA, "Wash., Feb. 10. (Spe cial.) Clark W. Savidge. state land commissidner, returned from Portland W ednesday, where he conferred Tues day with federal government officials on the land exchange carried out be tween the state and federal govern ments. In th exchange the stale of Washington is given more than 400. 000 acres of timber land in exchange for those sections taken by the gov ernment and included in the forest reserve. The lands taken were un surveyed sections of heavily timbered school lands, the timber of which is now being cruised. Phone your want ads to The Ore gonian. Main 7070. Automatic 660-r. Totals- 13.355,000 131,150,000 Shipments for the season to date com- .pare as follows: July 1, '21. last season. U. S. and Canada. 3S2.2fll.000 2S6.307.000 Argentina 27,39,000 41,070,000 Australia 67.152.OO0 22,150.000 Others 3,404,000 5,602.000 Totals 370.216.000 355.138,000 Dried Fruit at New York. NEW TORK, Feb. 10. Evaporated ap ples, fewer. Prunes, more wanted. Peaches firm. Naval Stores. on. v At. An, v , x-cw. .v. . ... , firm, 8585c; sales, 172; receipts, 29; smpineiiis, w; biuuk, uiio. Rosin, firm; salPS, .-vo; receipts, vi; NOTICE OP HRDEJ1PTIOV TO HOI.13F.RS OF VICTOHV KOTK9 ASD OTHERS COSCBHSBB. Kotiec I Herehy Given as liollowst 1 Call for redemption of 8 per cent Victory Notes. All of these per cent series of United States of America con vertible gold notes of 1922-1923, otherwise known ao 3 percent Victory Notes, are hereby called for redemption on June 15th, 1922, pursuant to the provision fdr redemption contained in the notes and the treasury depart ment circular, No. 138-, dated April 21st, 1919 under .whicn the notes were originally issued. Interest on all Victory Notes of the 3 per cent series will cease on said redemption date, June 15th, 1922. . 2 Suspension and termina tion of Victory Note conversion, privilege, In view of the call f or the redemption of all 3 per cent Victory Notes on June 15th, 1922 and pursuant to the provi sions of said treasury depart men? circular, No 138. the privi lege of conversion of Victory Notes of either series into Vic tory Notes of the other series is herebv suspended from Febru arTsth. 1922, to June 15th, 1922. both inclusive, and on June 15th, 1922 will terminate.' Victory Note's, accordingly, cease to be interconvertible, effective Feb ruary 9th, 1922, and on and after that date no conversions of the notes may be made. 3 Detailed information as to the' presentation and surrender of 3 Per cent Victory Notes for redemption is g 1 v e n in treasury department circular, No 297, dated February 9th, 1922, two copies of which are available at the treasury and the federal reserve bank. e A. W. MELLON, Secretary of the Treasury.- n TAKE your income count for something. Our Partial Payment Plan holds out to you the opportunity for suc cess, regardless of the size or source of your income. Ask us, Freeman, Smith! & Camp Co. Lumbermen Bldo.. Portland JOHN PURSE & CO. CONSULTING PUBLIC ACCOUNTANTS AND AUDITORS fill ARTISANS JILIXIHNG. Broadway 2833. Balance 8heet. Income Tax. Financial Examinations. HERRIN & RHODES, lac. Established lffl) STOCKS, BONDS, COTTON, GRAIN Corrospondenta K. P HUTTON ft CO.. N. T. Members all leading exchanges 1 Sanson's Service on File. Briwy. 4? 85. 801 Railway Exchange BMr. . Established 1901 George Black & Company PUBLIC ACCOUNTANTS AND AUDITORS Worcester Building . . Telephone Broadway 7370 PORTLAND, OREGON GEORGE BLACK, C. P. A. General Praettes tr.lio rr , American ITetls;attOM Institute of Accountants HARVEY N. BLACK Estate Work special and Periodical Aaalts