THE MORXrXG OREGONIAX, SATURDAY, AUGUST 12, 1922
At
kw
WHEAT
PIES SAG
JO NEW LOW LEVEL
U S Tab let ref 5s 1947
V Chm
V Cur Chfm 7
Wrut Kf .V .
,t I T col Tr 3
Wilson It fta ....
. rr H
, Vrt ! 7
t:nh'iiff- 7s . .
I Fi:K,.- uTthfi-s
' Am I.t Tmn
Am Tt roli 4
no
Market Fairly Firm at Open-, r ir:r.::.i.
ing; Breaks Later.
H R T .'hi
H-l! Tell Pa
Cw I Gas unl on . . . .
I'l-S .-f".4 14 B
Cltv Siicv 7s C .
2o L
Int Moi 4',s
K . ; ei
OTHER GRAINS GIVE WAY ; irr.U;; .
Ix Cieneral at t'lo- In Chi
cago; f!i From Kurop lias
'o Effect on Quotations.
BT CHARLES t. MICHAELS.
(By Chtraa-o Tribune l.eed Wire I
CHICAGO. Aw. Jl Wheat and oats)
old today at a new w for the season,
aa did the deferred deliveries of corn.
Liquidation was hn after a na-derate
bowing of strength In the ir y its. line
Tae finish was at net losses of lc on
wheat. meie oa corn. H V c on oata
and ?lc on nr
September la commrnrlnc to act a
llttto erratic and aoid at the December
Prtc. of He tinder, cloelne- at He dls
rount. The Gu t Is not bidding keenly
for cash train aa of late and It 1 ex
pected that Illinois will now atart to
d p to Ch'.raa-o. The rail strike Is grow
ing more teat. The London conference
fcetd out prospects of a moratorium fur
Cernxany. bat this news was without ef
fect on value. Wheat receipts were 3".0
car, wirh premiums anrnaneed. Weak
ness in Wtanlpes: waa a factor In mak
ing the c'ostne- break.
At no time were the deferred deliv
eries of corn aa high aa the close of the
previous day and toward the last stop
loss orders were uncovered which made
a sharp break- September showed more
strength and went to 3 rents over De
cember at the la at. There la a belief
that It will tighten op later on account
f a scarcity of caen (rain. Cah de
mand waa fair, with sales of 303.000
bushels, rncludirur 230.000 -bushels to ex
porters. Receipts were IIS cars.
Oats showed practically, no rallying
power and closed about the bottom. The
Canadian government report suggesting
the second :arsest crop on record had
some effect on sentiment, which remains
decidedly bearleb. Receipts were 18S
care: shipping sales 330.000 bushels. In
cluding loo.o0 bushels for export.
Houses with seaboard connections were
fair buers and the northweal the best
severs of rye. Minneapolis snd Ouluth
combined received 253 cara. No. 2 on
track so:d at 2c over September at the
last a'int 2c over the early quota
Hon.
N-.rihw.-et Tel
t 1- Tel 5,
Pc I .nil ... ...............
rWuthwest Te Ts
I l.'l bonds
'Arir'o Am 7i ............
A r.tic Ref S
;a.-na -4 Oil Ts
Gulf Oil Ts . . ..,
. Huml.ie Ts ................
j l'n Amn 7s ...............
, Mex I", t cv os .............
i.Sir.al.ir T't
!S n 0l 7
I an N T Ts
' T'-si Co Ts
'Tidewater nil 8ls
Vd.-uum OH Ts
Kore an lov.rnmfnt bond
Argentine 2.1 Ts ............
l. t. I ,Vs
FelgsUm Ks ...............
Hersen Ha
Mern km
Chriadsna &s
Copenhagen 5S ..........
llamas t'oneol s ..........
Fren-h CUiea 6a
l!a!y w,a A "
V X n- 4
do eat &a ..............
I'rumay Ext ba
Curb bmls
Allied Parkers ls
Am Tel a Tel
io
Anaconda Copper lis
1 o:to
!!.!
1 !-':!
1!' I J
10-.-J
11. ;s
li:;n
l'it I
lti.'s
1
Ii'jl
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i ;:.
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mi
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11.17
rit
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10:to
11M.I
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itua
125
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rsi
10 '.U
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l sin;
t-4.ll
l :l
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1 I.. I
i-.;x
1!I2S
1H 1.1
140
t.ms
1043
IMS
11144
1II4I1
1!4
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1D43
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1(14
11,014
10.'. S
lo
t
11-
HKI'S
!"t
ink"
ion '4
7:1
11S4
ll4
tut
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1
12
TOBACCO ISSUES ABE UP pfli ri OMDOWNATJHICAGO
westkkx i'xion bonus also
:eacii new record.
;xxl Inquiry Xotptl fer Traction
Ilonds; Prices on Stock Ex
change Move Upward.
1P22
. 124
Ansto-Am Oil Ts ..
Armour Co Ts ....
Ilalena S.cnal Oil Ts
llrsrd Truna
C.ulf Oil Co Ts
s-n Hoe 7s 3-yr. . .
.so West Tel Ts
Hland OH N T aw,, .
Svlll Co Ts
do
Vacuum Oil Ts
H23
1U25
11U1
1 "1 s
I'S
107
t'7,
III S
103
1"S.
lo:t
lo.lv
l4 V,
1"1
IOI
io;, at
!.!
1 n
iii
10
lOOV,
1"4S
nmvs
110
110
i'i
2S
4o ,
110
at H
liioi,
lul s
lull.
H4 .
103
1 04
loS
1IH1
U'4
Hil V.
"3S,
linS
i"2
H3
Fareica Uooda.
"urnished bv overbeck A: Cooko com
pany of Tort. and:
I9i
la.'..'
IbO
i'.'M
liiui
12
14
2S
M7W,
lOO
HI.
New prk Honda.
rumlehed by Jordan. Wentworth a Co.
of Pori.and.
Hal. road Bonds
At fl Ken 4.
A C 1. 4s
do 7s
B t tun 4?s cv
do ref 3s
Canada Suutaern 3a ....
Ca-ad.aa .ur tS,s
da T
Cen Pc 1st 4s
dies Jk Onio cv II31...
do gen liji
do cv S"!
C B A g 111 dlv 4s
C West Ind 4s
C ti W 4s
C M Si H 4,
do cv 4's ...........
do deb 4s ...........
do a-.-n 4s A
docv 3s
140 113
I IMS IX 1,
r 4Wa A
Chao X V sen 4s
o. 64s
do 7s
C K 1 m P ref 4s
Cue i-MU xC ex 4v,s
do 4 .
Il a Hudson cv 3s
do 7a
D A R ; cv 4s
do ref 3s ............
Erie P L 4s
Lrle coa la A
do B
do i ;
Erie Pa C a 4s 2
" Cid Trunk eo, 4Hs .......
tit Nor 4E3s I
do 7s ..I. I
Gt Trunk s
do Ts
111 Cent jt 3s
do ref 4s . .......
K C 80a ref 3
Kffl a Ies M 1st 3a......
L a MS 4a
l a x ts
- 1. a N unl 4s .
Kineiair !s
Kd .V A
PS a i
M !t P S S M Ss
X K a T 4s
1 P sren 4s
do ref 3a .............
t o ret' As ..........
f ' H T C deb 4a
do con 4s .............
do ref imp 4ia.. ......
do cv deb as ...........
d. co:i 7s
r n h e h a,....;:
. N " Tex A Alex 3
XPrLti
X P t
1 N P til Nor.Jl Sa...;"i
O l L ref 4s
fenna ISi ;,
do en 4i,
do 4Ss
do ff-n 3s ..............
do .
. ti h r
Fesilmc sen 4s
. 6 . I. 4a
do :.
do K A ........II
P"B Rv eon 3s
. fjo l ac rv 4a
. dl rl 4s
do ef term 4s ....."..."
P rone :.s
t 1. a s p p l 4s A ;
do c-'n As
do P L As R
do sen ft.
d- ad j s
do ir.r fc. ....
: fi 1. 1,1 1,
do coii 4s
do lt 4s
Tx Psc I.t As
I n Pac 1st 4s
do ve 4 ...........
do ref 4s "
t'n Tut 7s
" Waban 1st 3s
1! fts ......... .
We. I Psc As
W K T sdj 3s
do 2d As
Ots s .
In J'je-r a's
AMied Parkers ks
. An-.n Ar Ch TS ........
An;n Sni !a As ..........
A rn n T'barco 7 .........
Ara.-rda s A
Io 7 11
Armowr cv 4s
do 4W
Nirrr lsrJ ka
Bth ti 7.
do eq 7 . l
f rf : I . ' .
Cerro de P.s.-o -S
Ch.V root a. A ..........
d. eon vTs .. .
C'l i;rr"i as . .
Copper Kp
d
Co o a I (-n Ss!
ld 3s
CuHan Ami Surar V ....
( uhin t'ane cv 7
" 1 iar I. -r s4. rv As!!!
I m r r. .) ll:ch T 'ei ..!!!
I'sprtrs: TSs
iire ilai Ks a!
l-k
in K e- ri.b 3.
do deh Is '!
fovt-lr!) 7 ...!.!
Civ.y4r i4 !!.!!!"'
ii-ma is !.!!!!!!!!
sirrshejr TVs
Ill ee deo 48 .!!!"""
Ind Sr! is
l-t Air A.
I -t kljrine i t V "
Kel e .-.f-.nsf Id js .!..".'!
Ker.ner.-Mt 7a
La."k Mee ,.
H tar a.
I.lbfy M-Ne-t ' I.'.bbe Va .' ! "
1-UjC--! a Myers As
Lcrl. jrd 3s .!!!!"!!
do 7s
li.la.e As . ...!!!!"
l- rrte a Co 7'-, . !.!!!
Pro--r a ;amb.e Ts" "
R-pub I A St As J...
Bears Roe Ts
do
.el a Tube Ts
" 6wtf! a Co 7,
do
luju
l'j2
14
iKI'J
lajj
J .
12S
1U32
1U3I
l:i3
20 1 4
2014
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la.td
134
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1934
, ttria
, 21113
I MJ
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1S4K
in 33
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lli.T
1 :
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IWU)
1.;
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inn
117
1KAO
1S4
143
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ms
7S
71 K
7H
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67 V
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ill
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TT,
4
32 V,
33
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112
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i''
i Ts
KA
FeisTtan rest 3s..
betsrisn real fts .
do prem s . . . .
do7s
do 6s .........
Bntian 3a
do &a
do 3s ........
do vky 4a
do ref 4s
Brsxi! Ha
do Ts
UKS'il
do3Sa
do 3ts .......
Bordeaux Aa ....
Canadian 3a .....
doAHa
do ASS .......
do As .........
do &s .........
Chinese 3s
Chi:e s
French 4s
do fts .........
do &s .
do 7 Sa
11!
1K1H
12H
ISM A
1023
-'2
lf27
1-1
If 111
184!
11IA2
lW 2 2
19J9
1037
1H.-.4
1920
11127
1!2
137
1031
1.M
1141
11T
1B20
inn
194 1
do Sa llHS
German W L 3s
Berlin 4a ....
Ham burs; 4a ........ ....
lo4ss
Leipslc 4 ii
do 3s
Munich 4s .......... ....
do 3s ............. ....
Frankfort 4s
Italian 3s 1 e 1 i
Japanes4s ........ 1931
do 1st 4t 11123
do 2d 4Ss 1923
Norvir .......... I14O
Swedish Oa 1139
Denmark OS ......... 1042
do s 1P4.1
Russian 3 Sa 1121
Russian 5VjS ........ 1021
doL. into
Sao Paulo. s lo.tn
siiss3Ss 10211
io ss ........ .'. . . HMO
Dutch E Indies 6s. .. . 10H2
io li) 1047
nid.
Bt .
rst
72
ion
!
t 1
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03
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104
110
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lOil
10.1
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US V.
4',
Ask.
73
10114
AIMJ
VA
SI
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2
HO
10114
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100
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111
103
1 104
17
H
IT
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120
JA
Hi is
torelxn Kirhaoae.
Foreln exchanse rates at the close of
business yesterday, furnished by North
western National bank of Portland The
amount quoted u the equivalent of the
loreisn unit in t nited lates funds
Austria. Kronen $ .oonoA
Beie-iam. franca O77U0
Bulxar.a. leva '. . o?.-,n
iwnfi-Movs hria. kronen ........ .H2A70
fenmark. kroner .21'AO
r.nciana. pound sterllna ........ 4.471
f iniand. f inmark 022:10
France, franca us in)
Oermany. marks tmlTO
tireeie. drachmas o.'luo
Ho.iand. jcui.dera 3SO20
Hur.Karv. kronen 01 i"o
Iv. lire 04.:n
Juso-t;avia. kronen IMMHO
.1'Tsiy, kronen ................ .17.1
fortuaal. eocudos ............... .077IMJ
noumanla.lel ...... 0104.0
.'-rois. ainaft .01!)
Spain, pesetas .................. A."rf
Sweden, kroner "fni
ttwitsertand. franca 111120
i nma-itoncKonc, local currency. .37100
f nsrif rsi. laeis ....... TTimi
japan, yen ' 47." 00
NEW TOR K. Ana- 11. Forelen ...
chance, firmer: Great Britain, demand.
34 4K--,: -xb.es. 4 4S: 0-ray bll.s on
banks, H II. France, demand. All'.:
cables, f 13. Italy, demand. 4 AH: cabiea.
4...s. Belvinm. demand. T 74: cables!
ii4i. Oermany. demand. 12; cabiea.
12H Holland, demand. S T3: cabiea
3 .""O Norway, demand. 17.23. Sweden,
demand. 26 2t. Denmark, demand. 21 30.
Swiis-r and. demand. 19 03. Spain, de
mand. 13.34 Greece, demand. .303. Po-
and. demand. OlS. Cxrcho-S:ov.k 1. de
mand. 2 4. Arcenline. demand. 38.12.
Braxil. demand. 13.62 3lontreai. 99 11-16.
standard 4HI Marks.
Standard nil stock, rur.nh.ii ... k.
Overbeck a Cooks company of Portland:
IM4 Asked.
Anato
Borne Scrysmer
1H3',
!.1 S
10 s
nt s
AOS,
s
1O0S
. 193
. Il
. IH47
. 1!2.1
. ir--i
. ttjit
. 1W
. l'.l:l
. It'll
. 11-23
. 1!33
. !!I2
. I'll
. P..12
. l'.'S
. in 23
. H'-'4
1923
. I I'll
1934
yi3t
i"a
1927
1913
19.11
19.-4
1941
19,12
ri.i
1923
I94I
19 1.1
19.11
1940
195.
19.1
l'Ml
1M1
1 9 V
191.-3
l.v
19.11
19.H
1944
13
1944
19.16
P1I)
19 23
l.'l't
T22
19J.1
1131
1 --3
ItVil
Buckeve
CheeseOrourlh .....
do pld
Continental
"reecent ... .1 .... .
'umoerland
Eureka
alena common ..
do i ld pld . . . . .
do Nrw pfd
ihnois I'loe ......
l;ana 1' re
v. . t ....... .
N V Transit
f7 I Northern Pips ....
"'Nil Ihio i.l
In'ernatlonsl Pels
I'enn
Prairie to:
Prairie Pipe ......
Sfllir fte'i;
Southern Pipe ....
: jlo'ii 9 penn Oil . ..
I s W P.nn OH
S o Indiana
po j do Kansas ......
104 i I 1" Kentucky ....
3. a' N"r lof -
!:. ' do 1 :o
It 1. ' p''
.H Sn a Finch ....
!! "'""
nil . ahni:.n
7S Is"" Nel-raaaa
lk ! Imperial
I4
Ml -, ! t)l OT T10Nr4 n
124', I
XV, j Carresrt Marwet Raima; oa I tut her. Threw
,'( and ta.
!0s:!,SAN PRANdS,-,,: Allc tl(L- S.
H t '"" Markets! -Butter, extras. 42c:
7 ' "i'S. JJic
I.17-,1 Es Kx:rs. I'lSc: extra firsts. 2Sc;
h! jlllrs psjlleis. l4r
1)1, 1 Cheese California Cat fancy. 22c
I os s i
l7t. XKW YORK. Auk 11. Butter, firm.
IO' Creemerv burner than extrss. 84', 0 3Ac:
l' extras. 4- "
1'2' J EfCSB firmer; j,w J.r. henn.ee
. whites, extra fancy candled selection
line: uncandled runs 47S2r: atate and
I krarby weatern hennery whites firat to
! ettr.a S446e: Pacific coast whites.
I firsts to extra f.rsrs. l:(fir
j Cheese Slesdy Stst. whole mflk flata
fetl aver.ite run. Iw20c; state whole
mriK twins freah. aneciala and twlna av
erarxe rnn anquolsrt
1V
400
... y
. . . 1 90
. . . !!
...137
... 33
...131
. . . KM
. .. Al
. . . 1S
...IOI
. . .162
... 9
... 26",
...163
...
...273 -...
2,
!!!saa
. .244
. . .3.13
. .. 92
. . .203
. . sni
..rt.
-. . 320
..4A3
..1IT
. . 32
. . 421
.173
. 109
III
413
97
' 21 1
I I I
142
3.1
140
uo
A3
1 12
lOA
16A
uo
26
167
IO0
H
3'k
Alt A
343
04
2IO
62
1"9,
3 40
96
427
463
119
31
423
ISA
111
NEW TOR It. Ana:. M. Bond prices on
the New York stock exchange hsld firm
today with most channel being- of a
fractional nature. Kail Issues were
strong, but they were overshadowed by
the Industrial croup In which Tobaco
Products fcs. Saxon company 7s snd
Western Union (Hi wef!t to new high
Prices. Conspicuous strena-th also wss
4 shown by Wilson Parkins Ss and TVts
and Armour Resl Estate 4s. New York
Central debenture 6s were un to lOSti
for the first time, while the best prltys
of ths year were also made by Chess-
peaks St Ohio convertible Ss. St. Louis &
Southwestern consolidated 4s and South
ern railway Sa. A good Inquiry aisi
a ss noted, for traction bonds. Leaders
o" this group including Interborough
Rapid Transit 3s. Third Avenue adjust
ment 5s and the Market Street of San
Francisco 3s. Liberties were generally
up 2 to 20 points, with few -changes
noted in the securities of Europesn goy
emments. Csnsdisn government 5s were
active and. strong upon the announce
ment that the government planned to
retire the el7M.noo.000 of Its victory 4Hs,
offered la 1919. Brazilian bonds aiao
hardened. '
Total sales, par value, were 112.303.000.
An Issue of .3.926.000 of 6 per cent
equipment trust certificates of ths Boston
Maine raj: road, which were offered
today at 103 and interest to yield 4.T5 to
S. .3 was oversubscribed. The only oth
er Important offering wss an Issue of
33.130.ooo S -per cent equipment trust
certificates of the Philadelphia Rapid
Tranalt company, which were offered to
irsm o to a per cent.
. " r on me . lork stock ex-
cnange continued today to move sre.dnv
upw ard regardless of strike developments.
irading naturally was restricted pend
ing Outcome Of today's conference the
day's sales approximating 333. 010 .here.
Rails continued ts move ahead ns a
group on relatively light desllngs. but the
greatest strength was shown In Indus
trials, severala of which made new Mgh
records. Bumper crop prospects con
tinued to Impart buoyancy to Interna
tional Harvester and Advance -Rumely
preferred, manufacturers of farm Imple
ments, which jumped about three points
to the year's prices. Sears Roebuck and
Montgomery Ward also advanced aharnlv
In response to the same Influences. In
ternational Paper advanced sharply on
announcement of an Increase of 35 a
ton In the Price Of newanrlnt nsner
while U. S. Aicoayil went to a new hlrh
reports of Increased production
Equipments, like Baldwin and American
Locomotives and General Electric bet
tered their positions, presumably In re
sponse to further orders by ral'road
companies.
Shippings, like International At.rr.n-
tile marine preferred and Atlantic Gulf
4 West Indies, which had been more or
ess reactionary all week, were up over
a point.
Cuban sugar stocks also displayed a
stronger tone. Indicating an end of the
pressure which followed the senate's
sdoptlon of a higher tariff duty on the
Cubsn product. Columbia Gas. Brook
lyn Edison snd Pacific Gaa A Electric
all at new top prices, featured the jen
eral advance in public utilities. The de
mand for rails was confined largely to
the low-priced Issues, such its St. Louis
Southwestern, Missouri Pacific snd
Texss Pacific. Special activity In Wa
bash was bssed on a report of the earn
ings. men were st the annual rate of 1
is a share.
Mexican Petroleum, movinr within a
radius of nearly 6 points, was up 4H
points today, but Studebaker. Chand.er
and some of the other speculative favor
ites showed little change.
cail money opened and renewed at 4 V
per cent, the highest renewal rat alnce
July 3. but It dropped progressively to
SH per cent, the closing quotation. Re
cent f.uctuations In the rate have been
attributed to the seasonal demand for
funds In the agricultural sections. Time
money remained quiet, HO to 90-day ma-
urltles being quoted st 4 to 4 per
cent with a slightly higher quotation for
lorn running into next year. Dealings
n commercial paper were moderate.
roreign exchanges were Improved In
one. but business was still restricted ss
result or cahle congestion. Demand
sterling waa half a point higher than
yesterday with advances of 2 to 10
points in the continental rstes. German
marks touched the accent low level of
IIS cents a hundred. but advanced
sharply ater upon the eceit of quota
lions In foreign centers.
CLOSING STOCK QUOTATIONS.
Furnished by the Overbeck sV Cooke
company of Portland:
Greene Cananea.'
Miulf S Steel
Mllen Alden
Houston Oi!
Hupp Motor".....
Ills Cent
Inspiration
Int Asrr Cor com
do pfd .......
Interboro
do pfd
Inter Callahan..
Int Harvester...
do pfd
Int Merc Marine.
do pf.l
Int Nickel
Int 1'aper. ......
do pM ...
Invincibe Oil...
Island Oil
Jewel Tea .
K C Southern...
do pfd
Kelly-Spe-fld ...
Kennecott ......
Keystone Tire ..
Lack Steel .....
Lee Tire .
LehiKh Valley .
Ixirlllard
Loew Theaters...
L N
Mex Seaboard ..
31 ax we II Motr A
do B
May Stores ,.
Mex Pet ....
Miami
Mid States OI
Midvale Steel
M K T
do pfd ....
Mont Power ....
l.lOO 311s 314
1.200 40 3's
T.tliHI HO, Ml4
100 30 SOS
SOU 81x HO 'j
53 S 35 S
'sow "17' " "xi"
"466 iiv" ioli
Vino "is "in
3.100 4S 8S
400 N '. t S
S00 lll'a 109t
"1.200 'is' "ii's
2.400 6d 64 H
2.IIOO IS 17lt
S.S0O 57 S
!!!!! 'iols ','
2.800 "s
""206 SB's ' 2t
"700 4s ih'i
2.100 ans
4,roo Hs "Va
I.400 7 77
Alio 27 i 2714
2.400 ee s
"s'oi "i3v
30
silt
73
ltf
108
40 4
81x
37
1
4
814
14 "4
65 S
17.
5
85
13 '4
XEW LOW ItECORD FOR SEA'
SOX. IS REACHED.
Slow Export Demand Proves Fac
tor in Decline; Primary Re-
1
ceipts Top Iiast Year.
43S
30 i
8Vs
78
27
0014
102
15
210 1.12S 132S 132
2. .Mill 23
200 5.1 '4
200 1 s
100 12714
24.100 170
22 V.
f.5 R51
1 8 H 1 8 i
12li 127S
171V4 AT.-
8.SOO
1.2O0
13 OOO
1.700
41111
12
34 S
18S
43
"lii,
34
18
4314
' 3(K)
100
200
98
7
2
7
26 X.
10. 73
50 V
3.100 1S3S.
76
T04
!b'i"
30 4
29 S
44
10
7-4
66 Is
41
Tli
no
100
ilont Ward 24.1M.O
Mo Pse l.lioo 23 S
do pfd 2.400 571s
M Ht P A S 8 M
Marland Oil , 300 Shi
Martin A Perry..' SoO 2H
Nat Enamel .... 1.8O0 3m
Nat Lead 1"0 loo
Nevada Con .... 100 16 "4
New Haven 2.801 -31'4
Norfolk & W ... 4110 llO1
Nor Pac 3.200
Nova Scotia stel
N Y Air Brake
N Y Central 8.000
Nor Am l.lOO
tikla Prod ref... 200
Ontario Silver .. 2O0
Ontario & W..1
Otis Steel ,
Pacific DcY
Pac Gas 4 Elec. 1.400
Punta Air ire ... 4 000
Pacific Oil ..
Pan At Pet ...13.200
uo 1. ......... 1 . M
Penna 2. 10O
Peo Gas 200
Pere Marquette. 1.200
Pure Oil 2.400
Phillips Pete ... 700
Pierce Arrow .. 400
Pierce Oil 400
Pitts Cosl 4.500
Pitta West Va 1.500
Penn Sea steel .. 14. noo
Prsd Steel Car..
Pullman .......
Ra v Cons ......
Reading
Reploa-ie Steel ..
Republic 1 a 8..
do pfd .......
Rep Motors
Royal Dutch Oil.
Ry Steel Spg ...
Stand Oil Ken..
Sars Roebuck .
Shattuck. Aril..
Shell T T
Sinclair
Stand OH Ind . .
do N J
Sloes Shef
So Pac
So Ry
Stand Oil Cal
St L 4 S F. . .
Strom Carb . .
Studebaker ...
wlft & Co...
Ten Cop & Ch..
Texas Oil
Texas Pac
Tex Pac O St O.
Tob Prod -
Tran Crit OH..
Vnlon Oil Del..
I'nton Pac
fnited Alloy ...
I'nlted Drug ...
Vn Fd Prod
I'nlted Fruit
1'nlon R A- P.. TOO 64 i
V S C I Pipe. .. 100 .14
ln Ret Stores.. 3.200 .14
IT S Ind Alco... 4..7O0. .".
V S Rub 2.SOO 37S,
21. 71
3 41 ' 24 S
22.
56
38
23
56
100
l
31 Is
116
H2S
97 V4
74.
2s
7
26 14
10.
'4
731s
SO
2t
74
6Si
'96"
39
43 5
10
7
65
404
7
80
CHICAGO. Auk. 11. In the absence
of buying support, wheat slipped down
, . , .wu iu yi ilea III ill V. . 1 L jr uccbu.u.v
' ' VI . .
a 1 coucnea mis season. rne close was uo
57 4 J settled at 114lsc net decline, w-ith
September 31.04H l-044 and December
3 1.04 '4 01.05. Corn lost 11c and
oats eSc to Sc In provisions the
outcome varied from 214c off to 1214c
3ain.
Weakness In; the wheat market was
most apparent during the last 30 min
utes of trading, but a downward ten
dency of values had been shown from
the start. The fact that Liverpool quo
tations failed to reflect yesterday's ad
vance here counted against the bulls, and
so likewise did slowness of export de
mand. Bids for wheat to be exported by
way of the Gulf of Mexico were so un
attractive as to make it more profitable
for Illinois points to forward wheat to
Chicago, a circumstance which seemed
likely to cause a material increase of the
movement to this market. Primary re
ceipts of wheat .were again in excess of
last year, and arrivals from the new
spring crop were reported as gradually
becoming larger..
Moreover, harvesting In the northern
portion of the apring crop belt was said
to be making excellent progress, with
yields generally good. It was officially
estimated that the Canadian crop would
be about 20,000,000 bushels larger than
iast year, but on the other hand the
estimate was 2O.O14O.OOO bushels more
than theArade had expected.
Corn and oats reflected the action of
wheat. Dealings were almost entirety
!oca 1.
Provisions averaged higher, with hogs,
and as a result of some export buying
of meats.
29 VI
12S
34 4
IS.
431.
71
25 -4
22.
56.
r,3
38
94
16.
31.
116
824
3114
27
93 S
2.
T
26 H
104
u
T4S
T54
T0S
46.
90S
39
284
43 S
8.
7-4
63 H
40
7
80
9O0 121 4 120i 121
10O 164 ls 1
700
300
1.000
i.200
1.700
7t
32 S
72.
"4"
53
70S
32
714
"aii
5. 500
10)
100
3.800
6
32
72S
81 S
4
5214
108
95 4
6
i
874
301
93 4 03 "4
M . 87 .
9' . 9's
87S 37Vi
30 14 30 4
1094 109 14 109'S
800 180 180 1704
44
. S.400 92. 92 S 2 H
. 4.500 26 '4 264 264
loo 103S 30514 1044
. 4.300 31, 3114 31 "4
500 464 46 4R
.11.300 124. 123 124
lo 10514 106
400 10 9 '4 fl74
464 46S 46S
33 32. 32 i
24 24 24
54 H 3314 54
13 V4 13 - 13
21 204 21
1.600
100
100
2 900
r.oo
1.000
1.10O 14.14 144 '4 143
200 3114 31 S 31 s
1.600 74 7Vi
3
34
6414
r:i
57
7?3
14714
63
33V4
6514
R3
5T
574
1011 s
1 72 '4
121
. 2 34
... A I
8 514
... IS.
11
20
I.AW Bid.
Adams Exp .... 1.300 7s 73 77S
Advance Kum .. 3.3UO 20 19 201
do pfd- ....... L6iK 33 49 S 32
Air Chm IOO 87 87 364
do pfd : K2
Ajsi Rubber ... .IOO 11, 114 11.
Alaska Gold .... I ml , V S
AlaaKa Juneau . 2il 1. 1 J 1 '
Allied Chem .... 21 Ml 73 - 7J 73.
Aills-Chaimers . 6 Ml 544 53 5.1
do Pfd 974
Am Beet Sugar. 410 471. 46. 46V
Am Bosch :m
Am Can Co .... 5.100 51',
do pfd
Am Car St Fdy
do pfd
Am Cot Oil 300 26 S
do pfd
Am Drug 6ynd.. 800 6
Am Hde a Leto
do pfd
Am Ice 200 i2S 111 111
Am Int I Corp .. l.OoO 37 38 14 364
Am Linseed 33 S
do pf.l 4O0 51' s 32 52
Am l.oro l.hoo 11US 1 lni4 1 1 4,
do rfd no
Am Saf Raxor... 2.SOO 7. 7S 74
Am Ship A Com l.n 19 17V, 17.
Am Smeller .... "1 0(1 110 s 60'
do pfd lwl 97 97 96 S
Am Snurf IOO 139 l.ltl 13714
Am Steel Fdy .. e.oiMl 42 40s 41 S
2.S KO Klt. 90.
IOO l!!S 1H9S 10S
l'Ml .19 311 88 S
S.I'Hl 122S 122's 122S
1.10 Hl, 148 14 149
2"0 147 147 147
410 91 OO. 91
IOO K'NIi IOH 1U7S
7O0 .12 30 30
'-no 17 17S 17ti
2.6U0 34 33 H 34
II014
2. ami 10214 101 s mi s
3'kl 9.1 . 9.1 93
4ii" 113. 1 1.114 1 13S
40O SIS 81 31 V.
..IW 124-s 13 S
do 1st pfd
IT S Smelting
U S Steel--. . .
do pfd ....
Irtah Copper
Va Chem
do pfd
Vanad Steel
Vivandou
Wabash
do A pfd . .
do a prd ....
Wells Fargo . .
West PRC
do pfd
Weet Union . . .
Westghse A B. ,
Wghse BAM.
West Md
White Motors ..
Willys-Overland .
do Pfd
Wilson Pack ...
Wis Cent
"Woolworth
Worth Pump . . .
W 4 L K
White Oil
White Eagle Ol
IOO 1034 103V4 lo.l
40
SOO 1 1004 100T.
200 119S 1104 HO
200 6.14 654 654
100
. 1,200
! T .SO0
.14.700
. mo
200
210
100
62
49
i34
344
2.14
814
19
61
62
48 S
"is"
2.14
81
19
61
2714
62
48
114
.134
34
214
81
19
60 14
300 1094 10914 109
94
SOO
200
200
7 soo
XOiifl
10.400
OOO
IOO
1.300
61 S
12.
47S
38.
471
49
14
714
61 14
114
47 '
.74
164
43
494
14
74
614
114
ii
6V4
.18
45
30
17T
494
14
74
2514
The Chicago grain letter received yes
terday by the Overbeck & Cooke com
pany of Portland follows:
Wheat All deliveries sold at a new
low- for the season today after a mod
erate showing of strength early. There
waT some bullish news in evidence early
with the Canadian crop estimate of 820.
000,000 bushels about 20.000.000 bushels
less than the trade expected, although it
compared with 300,000.000 bushels har
vested last year. .
Those whd bought early went out of
their holdings later and the undertone
waa heavy toward the last. However,
we note some change In sentiment
among traders who have been very bear
ish of late, and feel that It would not
be good policy to take the selling side on
the declines from the present level, as
any change In the character of the news
might cause a covering movement. Ex
port demand slow, due partly to a great
delay in cables. The movement prom
ises to be greatly curtailed, as the out
look for a settlement of the rail strike
is less promising and the labor troubles
are .increasing. Minneapolis reported
122 cars of new wheat there today.
corn A hile railing to get into new
ground prices averased lower and senti
ment is as bearish as it possibly can be.
Apparently coarse grains have no friends
at the present time, although it is un
derstood that practically all of the corn
in store nere is now so d for shipment.
which might result in tightness in the
oepiemoer. ijrop reports, on the whole
are ravorabla.
Oats Sold at a new level for the sea
eon and closed about the inside figures.
Canadian crop estimated at 510.000.000
against 426. 000. OOO harvested last year
Rye Lower with wheat, trade not
large. northwestern movement large
but good part or It hedged some time
ago.
. Leading futures ranged as follows:
WHEAT.
Open. High. Low. Close
Sept ..11.054 I1.0HS 11.04-4 .1.044
Dec. .. l.oi! 1.06V4 1.0414 104
May ... 1.104 1 11 1.094' 1.094
CORN.
Sept. .. .394 .5914 .584 ."i8H
Dec 54 .54. .53V. . 534
May ... .5754 .575, .56, .56.
OATS.
Sept. .. .314 .314 .31 .3
Dec. .. .344 .344 .334 ..334
May ... .37 v. 37 54 .374 .3714
LARD.
Sept. ...10.80 10.80 10.75 10.80
Oct. 10.87 10.85 10.85
SHORT RIBS.
10.10 9.93
Sept. . .
Oct. ...
10.05
8.40
Money. Silver, T.U.
NEW YORK. Aug. 11. Call money,
easier: high. 44 per cent; low. 84 per
cent: ruling rate. 44 per cent: closing
bid, SS per cent; offered at 4 per cent:
last loan. SS per cent; call loans against
acceptance. 4 per cent; -time loans,
firmer; mixed collateral, 60 and 90 days.
4 W4 ' per cent: four to six months,
41iM4 per cent:. .prime commercial pa
per, 404W per cent.
Foreign kar sliver. n84c
Mexican dollars. 52 Sc.
LONDON, Aug. '11. Bar silver. S4d"
per ounce. Money delayed.
LilM-rty Bond Quotations.
Liberty bond and Victory loan quota
tions furnished by the Overbeck 4 Cooke
company of Portland:
Open. High. T.OW. Close.
101.O4) 101.00 100.92 100.92
.' 101.00
100.38
10LIR 101.36 101.16 101.26
IOO 30- IOO .14 loo 50 100.54
.100.54 10O.58 100.50 100.52
HAIRY PKOIHTE
117.
I"lt
li3
IOI.
l S
l"l
nn
961
09
lull,,
HO
IOO
I OA
1 1
t
IMS
99
l"A4
101 s
f OO 4.
1"! S
102
12 V
103
CHICAGO. Aug 11 Butter higher;
creamery extras. 32Sc: flrs-s. 28?',Sc
sec -ids. 2S27e. etsndsrds. S2'-e "
Kg Cnchanged: r -ceipts. 8203 cases
SEATTLE. Aug.
unchanged.
11- Butter and eggs
Am Sugar
no pt'i
Am Sumatra ...
Am Te Ar Tel. . .
Am Tobacco . . ..
do "IV
Am Wool
do pld
Amn W p pfd. .
Am zinc
Anaconda
Ass.1 1 il
Atch.son
do pfd
Atl Coast Line .
All Gulf W I.
Bald v. in Loco ..
do pfd
Balto Ohio ... 2.3O0
do pfd 100
B.irns.lel Corp . 2.o.l
Beth Steel B ... 1.70O
Hoot n Flail . .
B R T
Butte C Z.
Butt 4 Sup .
Burns Bros . .
Caddo Oil
Calif Parking
illll l et
do pfd
Canadian Pac
Cen I-ath-r .
Cerro de Pasco.. 400 30
I tin Textile
handler Motor. 4.i:mi
58 S
6.1.
31 S
78 (4
51 S
8.1
.HI
774
1.900
IOO
5i
23 S
7 V
20'.
26
7i
SOS
5O0 136 1 I3S
i in
700 U3.
Tim 37
20 OO
I. IOO 142S 141
700 .19. 3i
1 1
112
57
61
SO.
78 S
234
7V.
30
116S
10 s 10S
2. 824
36 s 5-
90 90
141
Liberty S4 .
do 1st 4s .
do 2d 4s
do 1st 4 4s
do 2d 4K.S
do 3d 44
do 4tb 4Ss .101.18 101.34 101.18 101.24
Csllable 1323
Victory 4.s ..100 30 1O0.30 IOO 4.8 IOO48
do 3s ...100.86 100.88 1110 84 100.84
Swift St Co, Stocks.
Closing price of Swift 4 Co. stocks at
Chicago were reported by the Overbeck
4 Cooka company of Portland as follows:
Swift 4 Co. 1034
Swift international 20S
Libby. McNeil 4 Libby 2
do new vsi
-iP 7.
National Leather ..
lining Stacks at Boston.
Mining stock quotations at Boston fur
nished by the Overbeck Sc Cooke com
pany ot x-oriiana:
Chso A
Chco i;t w...
do pfl
Chin Cop
Cb.i-10
C M Sf P
do pf l
Coco C!a .....
C 4 O ,
Colo F 4 1
Coio Soul hern . .
Col C.s 4 F.iec,
Colimhla Graph.
.ss. tiis
8.I.IMI
411
Soil
S.IHH
41111
2 200
2.710
1 000
3.000
lio
410
3,610
Aon
10 s
59 S
87V.
S-,
21 .
2 2 .
30S
32
4ft S4
70
77S
29.
49
96 S
39
70O 121 :4
3'
10S
57 S
86 s
S
. 21
Is
29
31 .
49
69
16'.
29.
491,
4
as
sss
311
10s
59
t64
8.
21
29.
31.
48.
69 "
764.
29 S
49 S
k6 s
34
1..HK)
1. .1111
AIM!
.I0
7.700
" 400
44
43.
97
84 S
2S
13H
,11.1
2.SOO 28 s
4.1 S
43
96 14
83 V
90 7,
i.i' '
84
23 S
8sr Market.
NEW YORK. Aur 11 Raw
centrifnaal. 5Vr; refined fine
lated. TtfT lOc.
HAM r-RAVCrsCO. Aug. 11
aia Hawaiian raw sugar. a.S6c
aiigar.
granu-
llfor-
Cons Cigars
do pr.l
Contl Can 700 77 H 76
Cnlea S-c Bank
Corn Prod 2.700 1144 114
do pfd
Cosden Oil
C R I P
do "A" pfd...
do "B" pfd. . .
Crucible
do pfl .......
Cuba Cane
lo pfd
Cuban Am Sug..
Iel 4 Hudson. .
I tome Mines.....
Del 4 I-ark
Davison Chem...
trndtrott John. . .
Erie l.sno
do 1st pfd l.oon
Elec Stor Bty... 4w
Fam Players 2.100
I t-n i v a
tin pi'i 0",i ,. 0,1
Flsk Tire 100 12S 12S
Gen Cigars
Oen F. IOO 1T9 170
Gen Motor 5.200 1.14 IS
Gen Motor 1O0 SIS 81 S
Gen Asphalt .2'0 70 K 6a v
Goodrich 700 85 84 i
121. 121V,
3
47V.
l.lOO 3.1S 3.1 V4
7oo 133 'i 11?.
17 4
27 S
46 1,
84',
17S
26 S
46 V,
83 '
Fnd
Artxona Commercial 9S
Adventure 50
Aliouess 23
Arcadian Ss
Bingham Mtninga 141..
Calumet 4 Arizona 60
Catumet 4 Hecla ....'. 29.1
Copper Range 43
Davis Daly 7S
East Butte 10.
Frsnklin Mining 2S
Island Creek 107
do pfd 94
Kekeenaw 2V4
Kerr Lake 3.
Lake Copper 4S
T K. He . . . ill-
f Michigan .................. 2S
Aiason auey 1 ,
North Butte 12's
Nipisslng 5,
North Lake 30
Old Dom Copper ........... 25 S
Osceoia Alining ............ 36 S
OJibway ;4
Utilncy Mining 434
Pond Creek 22
Isle Royal 24 'j
South Lake 46
Supp Boston 14
United Shoe Machinery 40 v
io pfd 26 .
South I'tah 3
Superior 44
Shattuck 9S
Trinity , 2 1-16
Tuolumne 70
L'tah Metals is
I'tah Con 24
United State Mining 41
do pfd . 48S
Utah Apex 2.
V-ntura 29.
Victoria ,'. 1.
Winona I1.
Wolverine US
Wyandot 60
Shannon 80
Ask.
Vi
80
26
3.
14.
81
8'0
434
8
11
24
1071.
95
Cash prices were:
Wheat No. 2 red. I1.09 1.094 : No. 2
nam, si.iit 1. ius.
corn .No. 2 mixed, bl Vi 4B1 14c: No.
2 yellow. 624 63c. .
Oats No.' 2 white. 32S34c: No. 8
white. SlVie34e.
ttve io. a, 4W704C.
Barley 53c.
Timothy seed $4 2.1 5.
Clover seed 112'fflo.
Pork Nominal.
Lard 10 85
Ribs fi9.75e 10.75. '
Chicago Grain Pit Notee.
(By Chicago Tribune Leased Wire.)
CHICAGO. Aug. 11. -Canadian govern
ment report estimates the wheat yield at
20,000.000 bushels more than In 1921. but
showed 20.000.000 bushels less than trade
expectations. Wheat crop in the prairie
provinces Is estimated ' at 29S, 000.000
bushels and oats 305.000,000.' Last
year wheat was 280.000.000 bushels and
oats 2s4.000.0tl0 bushels.
One of the largest operators In Omaha
wired that farmers w4te lea anxious to
ell wheat and were stacking.
Minneapolis received 100 cars new
spring and 29 cars new durum -wheat,
also two cars Texas winter, today.
Four states. North Dakota. Minnesota.
Wisconsin sna Michidan lead in rye
production. Their aggregate crop is 62,
752.0OO bushels out of the total of 79,
UOO.OOO bushels for the country. Last
year they raised 32.5S7.O00 bushels out of
a SS.OOO.OOO-bushel crop.
Since the opening of navigation .nearly
50.OOO.000 bushels of grain have been
shipped to Europe -from Montreal, or
about 24. 000. OOO bushels in excess of last
year. Total clearance for 1921 were
138.433.000 bushels, the largest through
any port In North America.
.
Minneapolis Grain Market.
Furnished by the McCaull-Dinsmore
company of Portland:
Wheat Old No. 1 dark northern
SI. 404 41. 524 : No. 1 dark northern
11.23V, 61. 354. to arrive Jl. 20141 No. 1
northern 1 1. 1 8 "4 O 1.30V.. to -ax-rive
II.IAV.; old No. 2 dark northern 15V4
J? 1 31114: No. 2 dark northern $1.18V4
1.30; No. 2 northern, Jl. 14 V4 0 1.26 14 ;
old No. 3 dark northern. J1.30 iff 1.47 V4 ;
No. 3 dark northern. J1 1 4 v. 1.2614 ; No.
3 northern. SI. 104 tr 1.20 14 ; No. 1 dark
hard Montana. Jl.lS V4 1.25 '4 . to ar
rive J 1.154 if 1.20 V4 : No. 1 hard Mon
tana. J1.05S 01.101. 1 No. 1 dark hard
Minnesota and South Dakota, J1.14V4&1
1.1V, to arrive J1.1314: No. 1 hard Min
nesota and South Dakota, J1.0414 1.0814.
to arrive JI03V4: fancy No. 1 amber
Durum, $1.07 '4 1.09 V4, to arrive 994c
J1.02V4: No. 1 amber Durum, 97V.
99V4c to arrive 97 Vic; No 1 Durum. 92 Vt
fr944e, to arrive 92V.c:- fancy No. 2
amber Durum. Jl.OaVi (S 1.074 : No 2
amber Durum. 94 14 97 Vic; No. 2 Du-
Women control a large per
centage of Portland property.
This organization offers them a personal financial service,
a direct business contact between client and principal.
IN Miiltnomah county approximately 43
per cent of those who pay taxes in excess
of $5,000 are women, or estates formed as .
holding companies for the property of
' ;-' women. V , , ' ' '
This organization specializes in the care of
women's property, and also their other in-
e.v, vestments. It ofFers them a personal fi
nancial service, a direct business contact be-
i tween client and principal. Its management
- C has brought profit to its clients.
' Your care of my affairs is ifruly appreci
ated in that you have been so kind and obli
ging in every way and seemed to "take a per
sonal interest in them,,, a well known Port
land woman was good enough to write us,
voluntarily.
Women who have property and other in
vestments and who desire to be relieved of
the details. and cares of their management
are cordially invited to consult with this firm
There will be no obligation to employ us.
Strong & MacNaughton
CORBETT BUILDING
gJJ PORTLAND, OREGON
Investment and Property Man-.
agers for Estates and Individuals
tals; barley, 2025 centals: corn, 100 cen
tals; potatoes. 791 sacks': onions, 28
sacks; hay, 260 tons; hides, 2620; lemons
and oranges, 900 boxes.
Hay and grain, unchanged.
Kansas City Grain Market.
KANSAS CITY, Mo.. Aug. 11. Cash
wrteat No. 2 tfark hard, $1.071.17; No.
2 red, J1.011.02.
Corn TJnchanged; No. 2 white, 54c;
No. 2 yellow, 58c.
Hay Unchanged.
Seattle Grain Market.
SEATTLE. Aug. 11. Wheat Hard
white, J1.20; soft white, western white,
hard red winter. $1.09; soft red winter.
northern spring-, wi-Cft; western red, $1.07
Big Bend bluestem, $1.20.
EUROPE EXPORTS DROP
- -t. .-
DECREASE IS $1,000,000,000
FROM PREVIOUS YEAR.
Shipments to South America
Show Falling Off of $300,
000,000, Says Report.
WOOi MARKET' REMAINS STEADY
Xeniand of Fair Proportions and Prices
Are Generally Jlrtn.
BOSTON, Aug. 11. The Commercial
Bulletin tomorrow will say:
' The wool market keeps steady In spite
of all the adverse factors affecting bust
ness at'the moment, especially the strikes
and the tariff. Demand has been of fair
proportions and prices are generally firm.
Uttle business Is reported from the west,
"The goods market appears to be fairly
healthy and the prospects at the moment
seem to favor higher prices for goods
unless wages are lowered in the wool
manufacturing plants."
WALL STREET CONFIDENT
END OF LABOR DEADLOCK IS
HELD ASSURED.
Day's. 1'irinnc'ss in Stock Market
i
Supplemented by Recovery in
European Exchange.
ii
2
134
5's
50
4 4
21
-'S;S
4S
1H
40
26',
10
4
11
24
75
H
3
42
49
2
30
12
75
90
Coffee. Market Rallies.
NEW YORK. Aue 11. A further de
cline of 2 to 5 points In the market for
coffee futures at the opening- today was
followed by rallies on coverine-. which
may hare been promoted by rather a
more optimistic view of the European
situation.
The reneral market closed net 2 points
lower to 3 points higher. Sales were esti
mated at 44.000 bats. September, S 2Sc;
October. 22c; December, .20c: January,
9 19c; March, 8 19c; May, B.20c; July
S 19c
Spot eoffej was reported in rather bet
ter demand with prices unchanged to
10ffloc rer Rio 7 and liao to like
44 ! rum. 89 fe-".c.
7
7H
1
11.1V
lin
4.1,
45
!.5
83 'i4
92.
-',
15
S
'-'
12
33
132
,47H
...'i,
17S
2s
41V.
53
U'S
7a
171
I3a
01
9U
ii c tor fiaatoa aa.
Corn No. 2 yellow. Aftiac: So. 3 yel
low, 55.c.
ats No. 2 white. 27!29e; No. J
while. 27 28c.
Barley Choice: 5052c.
Rye 70c; to arrive. 68c.
Piaa No. 1. .2.43V9 4I2 45VS; to ar
rive. .32lj.
Wheat futures September. Sl.08:
December. Il l I S-
Cttfh t.rain Markets.
Furnished by Jordan, Went worth Co.,
Co.. PortlsnJ.
CHICAGO. Aug. 1 1 Wheat No. 2 red.
$1.07 ft 1.118 W ; No. 2 hard. $1.091.10;
No. 3 hard. H.OSSl.OO
Corn No. 2 mixed. 5H. 5Hic: No. 3
mixed. Hlc: No. 2 yellow, 2tj45f63c; No.
3 yellow. 61662c; No. 4 yellow, 81o;
No. 2 white, 62c.
Oats No. 2 white. 32HJ'33c.
KANSAS CITT, Aug. 1 1. Wheat No.
2 red. 31.02; No. 3 red. 1; No. 2 hard,
11.01 1.17; No. 3 hard. 88r.S1.18.
Corn No. 2 mixed, 54c; No. 2 yellow,
58c; No. 2 white. 54c.
MINNEAPOLIS. Aug. 11. Wheat
No. 1 dark Montana. S1.15U 1.25
1 dark northern, i 1.23 ' 1 .85 ij ; No.
oarK nortnern, l l O I 30 V, : No.
northern, f 1.1814 Gi.30: No. 2 northern.
s 1.14 it q i.-o'a .
Corn No. 2 yellow. JrtffSflic.
Oata No. 2 white, 27 s 29 c.
Pl'LUTH,
I2.47W-.
Aug. 11. Flax, J2.S214
Itnluth Flax Market.
DULU7H. Aug. 11. Flaxseed Sep
tember. e2 82li bid; October, J2.26 bid;
November, $2.25 asked: December. $2.1 s!
Kan Francisco Grain Market,
SAN FRANCISCO. Ana-. 11. Receipts:
Flour, 230 quarter sacks; wheat, 2410 cen-
BT ALEXANDER DANA NOTES.
(By Chicago Tribune Leased Wire.)
NEW YORK, Aug. 11. All financial
markets opened and closed today with
out knowledge of what decision had been
reached at the conference of railway
managers. That( the . president's plan
for submitting te the railway labor
board the status of returning strikers
would in some form be accepted,
the predominant. belief.
The stock market displayed a good
deal ot passive strength. But the rail
way, shares hardly changed at all In
price, and the advances which occurred
in a few industrial stocks were merely
speculative movements following the
line of least resistance.
The essential fact was the total ab
sence of such pressure of sales as might-
logically havewcome with apprehension
of complications and disagreements
which would Indefinitely prolong the ex
isting situation. But this has been the
characteristic phenomenon of the mar
kets ever since the labor controversy
reached its crisis. If it was deemed par
ticularly significant today, that was be
cause the overnight news of the break
ing away from discipline by western
trainmen at various points, without
orders from the union, had seemed to
provide material for fresh ureasinesa. It
did not appear to have had any such
reault. .
For the day at any rate, financial
Judgment evidently rested on the con
siderations that the labor deadlock must
be regarded as a whole;' that it is
clearly in the interest of all parties to
terminste it; that the struggle in the
coal trade is in manifest course of set
tlement, and that the rest must logically
follow.
The day's firmness in the stock mar
ket was supplemented by a distinct re
covery in European exchange, led by the
rate on Paris, which reached the highest. J
figure since Tuesday. This was a nt-JS
ural result ol the caoiea news mat me
French and English conferees at Lon
don were still seeking ground for united
action. The German mark did not re
cover. "
Metal Market. ,
NEW YORK. Aug. 11. Copper, steady;
electrolytic spot and nearby, 14c; later,
1414lc
Tin, easy; spat and nearby, 32c; fu
tures, 32.12c
Iron, steady; prices unchanged.
Lead, steady; spot, 5.755.80c.
Zinc, steady ; East St. Louis, spot and
nearby delivery. 6.25?6.35c . - ,
Antimony, spot, 6.25c
WASHINGTON, D. C., Aug. 11. Ex
ports to Europe during the fiscal year
ended June 30 were more than $1,000,
000.000 below the previous year and ship
ments to South America showed a decline
of more than $300,000,000. the commerce
department announced today'in a foreign
trade report.
Exports to Europe during the year ag
gregated $2,267,000,000, compared with
$3,408,0OO,OO0i during the previous year.
Imports totaled $830,000,000, against
$938,000,000 during 1921.
Exports to South America for. the year
aggregated $191,000,000, compared with
$523,000,000 during the- previous 12
months. Imports totaled $289,000,000,
against $485,000,000 for the fiscal year
1921.
Exports to Europe for the month of
June aggregated $186,000,000, compared
with $178,000,000 during June a year ago.
Imports totaled $76,000,000, against $55.
000,000 in June, 1921.
June shipments to South America to
taled $21,000,000, against $17,000,000 in
the same month a year ago. Imports ag
gregated $29,000,000, compared with $19.
00.000 in June, 1921.
Traue of the United states in exports
and imports by principal countries for
the fiscal year 1921'. as compared witn
the previous year, follows:
France Exports $231,000,000. against
1433,000.000; Imports $140,000,000, against
$150,000,000.
Germany Exports J3no.uuo.ouu,- against
$302,000,000; imports $9G,000,000, against
$91,000,000.
. Italy Exports $138,000,000. against
$302.0O0000; Imports $61,000,000, against
$59,000,000.
Great Britain Kxports S44.ii.uiu,
against $1,325,000,000: Imports $270,000.
000. ajrainst $328,000,000.
China Exports aioi.uuu.utiu. against
$138,000,000; imports $109,000,000, agajnst
$113,000,000.
JaDan Exports $249,000,000. against
$189,000,000; imports $308,000,000, against
$253,000,000.
Central America Exports 44,tai,uuu.
against $76,000,000; imports $31,000,000,
against $50,000,000.
Mexico Exports $138,000,000, against
$267,000,000; imports $123,000,000. againsf
$4 20.000.000.
Dominican republic Exports $11,000,
0O0, against $32,000,000; imports $7,000.
000. against $20.000.0.
Areenf.ina Exports S80.000.000. asrainst
$201,000,000; imports $61,000,000, against
$124,000,000.
Braxil Exports S3o.vuo.nuo. against
$ 129.00O.I H10 ; imports $100,000,000, against
$148,000,000.
Chile Exports ? 1 1 .iiou.uihi, against
$"0,000.01 0; imports $39,000,000, . against
$78,000,000.
Colombia fcxporis 5 I n.iiuu.iiij. , against
$33,000,000; imports $41,000,000, against
S40.O0O.000.
Peru Exports $12,000,000. against $43.-
000,000; imports $14,000,000, against $41.-
000.000.
ITrueuav Exports S1O.0O0.000. against
$23,000,000; imports $12,000,000. against
$18,000,000.
Venezuela Exports $8,000,000, against
$17,000,000; imports $12,000,000, against
$12,000,000.
Russia in Kurope exports el4.ouu.oou,
against $1 i.ouo.oou; imports z-',uuu,
against $1,000,000.
Canada Exports $545,000,000, against
$789,000,000; imports $308,000,000, against
$529,000,000. .
Belgium Exports $103,000,000, against
$184,000,000; imports $43,000,000, against
$42,000,000.
Spain Exports s,ooo.ooo, against
118.000.000; imports $27,1X10,000, against
$32,000,000. ' '
Ecuador Kxports J4.uou,000. against
000,000; imports : $6,000,000, against
$9,000,000.
fected. .With-the outcome of the indus
trial controversies in doubt, different
interests .are disinclined to undertake
new important commitments, the dispo
sition being to defer aggressive action,
and not a few trantractions are prevented
by the obstacles' of restricted production
and retarded shipments. Inability to '
secure needed material in regular chan
nels leads to the seefting of new sources
of supply in some instances with the
placing of orders of an emergency char
acter and premiums frequently rule
where there is any advantage on deliv
eries. Weekly bank clearings. $5,825,393.000.
COTTON EXPERIENCES ADVANCE
Trade Interests Buy Heavily and Cause
Sharp Rise in Prices,
(By Chicago Tribune Leased Wlre.l
NEW YORK, Aug. 11. Trade inter
ests buying heavily in cotton caused a
shar-p rise In prices today. The force of
this buying carried the active months
above 21c. This represents, an advance
of more than $5 a bale in the last two
days. ,
Strength aad activity continued in the
latter dealings and October options
closed 105 point higher on the day, and
the rest of the list up 31 to 45 points
net.
Spot steady, 45 points advance, 21.40c
for middling upland.
Southern markets were: Galveston
21.40, 40 points advance; iew Orleans
21.13. 38 points advance; Savannah 20.75.
50 points advance: Augusta 21.13. 50
points, advance; Memphis 21.50. un
changed; Houston 21.20, 35 points ad
vance; Little-Rock 21.50, unchanged.
NEW YORK, Aus 11. Cotton futures
closed barely steady. October, 21.15;
December, -21.16; January, 21; March,
21.04; May, 20.95.
NEW YORK, Aug. 11. Cotton.
steady; middling. 21.40.
spot.
Dried Fruits In New York.
NEW YORK. Aug. 1 1. Evaporated
apples dull.
easy.
Prunes waiting. Peaches
STRIKES RESTRAINING 1 ACTIVITIES
Transactions ' Prevented by Retarded
Shipments, Says Dun's.
NEW TORK, Aug. 11. Dun's tomor
row will say:
The uncertainties of the labor situa
tion, continuing for still another week,
have not unnaturally imposed further
restraint on business? activities. .Various
encouraging features that would other
wise attain prominence are overshadowed
by existing ' strikes, which compel wide
attention and sentiment unfavorably af -
Due. Yield.
8,000 City of Top-
penish,- Wash.,
L-. I. D 1924-27 7
3,500 City of Grass '
Valley. Or.. .
R. F 1924-29 5.50
3,500 City of Grass
Valley, - Or..
Water 1923-29 5.50
5.000 City of - Aber
deen, Wash.,
L,. I. D. Sewer. 1923 5.50
6,000 City of Aber
deen, Wash. ..1934 5.50
6,000 City of Aber
deen. Wash. ..1925 5.50
5,000 Port of .New
port, Or 11 Mo. 5.00
5,000 Citv of Rose
burjr. Or.. Imp.. 1930 4
3.000 Warm Springs
Irrigation ....1930 6.00
2.000 Citv of Port
land Water 1937 4.00
15.000 Umatilla Co.. .
School 6s 1942 5.00
20,000 Malheu r Co.. '
School 5 i4s ...1942 5.00
5,000 Bingham Co..
Ida.. School 6s. 1932 o
10,000 Canyon Co..
Ida., Schl. 5.H.1.1930 5V4
15,000 Clearwater Co.,
Ida., Schl. 5's.l931-38 54
18,000 Custer Co., Ida.,
School 6s .1932-41 54-
5,000 Idaho Co., Ida
School 6s 1931,- 5(4
5,000 Jefferson Co.,
Ida., School 6s. 1932-35 5
14,500 North Fork
Highway, Ida.,
5s 1935-36 514
10,000 Payette High
way Dist. No.
2. 6s 1940 54
10,000 P ro v i n c e of
Ontario 6s 1923 5.00
STOCKS
10 Portland Gas & Coke,
ire pfd. at 98.60
10 Portland Ry. L-t. & Pwr,
1st prior pfd.. at 95.00
50A)bers Bros. Milling Co..
pfd 82.50
50 Albers Bros. Milling Co.,
com 55.00
50 Oregon Pulp & Paper
Co.. com 112.00
Phone or wire orders collect.
Broadway 7964.
(i. B. HARRI.TO' CO..
I . S. National Bank Bide.
RALPH A. BLANCHARD A Co..
IXC.
U. S. STni'I. Bank BIdg., Portland.