Morning Oregonian. (Portland, Or.) 1861-1937, September 30, 1922, Page 22, Image 22

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    TIIE MORMNG OREGOXIAX, SATURDAY, SEPTEMBER 30, 1923
23.
OREGON APPLE CROP
ESTIMATES ARE CUT
This Year's Production Is
Placed at 4650 Cars.
WEATHER UNFAVORABLE
Reduction in Yield From First
Indications Held Due to
Damage by Worms.
An unusual amount off worm damage,
together with small sizes and more or
less "brown, spot have materially re
Auced the prospective 1922 commercial
apple crop of Oregon, as compared with
the earlier indications, is the opinion
of P. Xi. Kent, agricultural statistician,
department of agriculture, who has very
recently visited the principal apple
growing districts of the state.
The abundance of "worm stings" is
attributed largely to the chaiacter of
the growing season. The long season
of comparatively warm nights allowed
practically uninterrupted activity of the
codling moth, particularly hatching of
the eggs. Careful observations as re
ported, indicate that the female moths
have been two or three times as active
as usual this season in the matter of
egg deposits, which combined with un
usually favorable hatching conditions,
largely accounts for the abundance of
"apple worms." . Furthermore, in certain
districts, where the early indications
were for a light crop, due to frost, "off
year etc., spraying was not thoroughly
done in many orchards.
Apple scab and other fungus has
caused very little trouble this season.
Properly sprayed orchards generally re
port the crop as practically free from
fungus of all sort. But the so-called
"brown spot," affecting the inside of
the fruit, is more abundant than usual,'
particularly on some of the earlier vari
eties. ,
Carlo t shipments as reported by the
railroads for the different districts of
Oregon for the crops of 1920 and 1921,
also latest estimates on the probable
10-22 carlot apple production for the state
are as follws:
Sept. 15 Ship. Rep.
Est. 19Li! l2t IM'ltt
Willamette Valley 22o 23S i'08
Umpqua Valley I'lO 117
Rogue River Vallev... 250 !! 381
Hood River Valley ... .2640 -J'.fM JSnS
"Wasco County ....... 3." 1 . l
Umatilla 223 S27 17!)
Union, Baker, Malheur 745 7 7t 200
1 Totals 4.j0 ,V. 1 3221
The above .estimates have been com
piled after consultation with the best
informed apple men in the various dis
tricts. They show considerable reduc
tion in the earlier estimates, in fact, are
considerably under the forecasts based
on September 1, 1922. conditions. Harv
esting of the earlier varieties has pro
gressed far enough to give some idea of
what may be reasonably expected of the
crop as a whole. One packing house
operator stated that approximately 25
per cent of the fruit from his orchard
was not suitable for packing. He has
already packed four carloads, and he
had the largest orchard and the clean
est fruit in his district.
In the Willamette and Umpqua dis
tricts there was a rather !ig-ht bloom
and a consequent light setting of fruit
with most varieties. This was followed
by an extremely dry season. In the
Rogue river district this was The "off
year," following a heavy production last
year. Hood River estimates vary from
75 per cent to 100 per cent of last year.
Reduction of the Wasco county crop is
mainly attributed to the dry, hot season.
Umatilla county had a severe spring
freeze which is held mainly responsible
fur the small crop of that section. Mal
heur county is expected to have rather
more commercial apples than last year.
Union county will probably produce a
smaller crop- than last year.
BIDS FOR WHEAT ARE UNCHANGED
Volume of Trade Small in Northwestern
Markets.
There was no change in wheat bids at
the Merchants' Exchange yesterday and
the few offers in the open market were
the same as Thursday. Buainese was
light. Coarse grains were quiet at
prices unchanged to 50 cents lower.
The Chicago wire to the Gray-Rosen-baum
Grain company follows:
"Foreign political news continues 'the
dominating influence. Uncertainties of
the situation finally induced the locals
to let go, which caused a sharp break,
Liverpool not showing weakness and
Winnipeg closing higher than yesterday,
despite continued large receipts. Export
business was slow. India has removed
the embargo on its exportable surplus of
70.000,000 bushels, but their pricee are
relatively too high."
At Liverpool December wheat closed
isd higher, at 9s 5d. Spot Australian
was quoted Id higher, at lis 2d; Mani
toba. Id lower, at 11a 5d; No. 2 red win
ter. Id higher, at 10s Id. and Brazil
wheat Id higher, at 10s 2d.
Terminal receipts in cars were reported
by the Merchants' Exchange as follows:
Portland Wht.Bly. FIr.Crn.Os.Hay.
F riday 06 . . . 7 1 . 2
Tear ago IB" . . . 9 1 . . 1
Season to date 5.703 173 370 22!) 222 488
Tear ago 11.270 96 626 120 367 371
Tacoma
Thursday. 9 . . . 3 1 e
Tear ago 104 . . . 6' 1 ... "
Season to date 1.896 11 300 126 45 179
Tear ago 3,901 70 399 65 58 164
Seattle
Thursday 53 ... .11 2 .. 1
Tear ago 25 . . . 18 4 ... 5
Season to date 1.918 3 699 367 156 379
Tear ago 2.519 63 577 279 174 451
FEAR CROP EXCEEDS ESTIMATES
Oregon Shipments This Year Will Be
About 1650 Carloads.
The Oregon pear crop considerably ex
ceeded the earlier estimates, reports F.
L. Ken-t of the department of agriculture.
The heavy spring drop did not prove to
be as serious as anticipated. Indica
tions are that the total 1922 pear ship
ments will amount to about 1650 car
loads. The Rogue river district had shipped
DRESSED MEATS WANTED
Market Very Klrm. Ship to Urn.
We Are Hendqnarters for
Country MeatM.
Checks Mailed Dairy.
THE SAV1NAR CO., INC.
1IKI Front St., Portland, Oregon.
POULTRY MEN
I want effg-s and poultry.
White hennery extras 45c
Mixed color extras 30c
I want to send you quotations; also
call on you and fret acquainted. Send me
your name and address.
K. W. ELLIS. Portland.
Terminal Ice & Cold Storage Bldg.
WE ARB BITERS
, AND SELLERS OF
BITTER VEAL
KGtiS HOGS
(HEESB PptJLTRV
WHAT HAVE YOU TO OFFER t
BLUE VALLEV PRODUCE CO.,
4th and GJisan St., Portland, Or.
7S0 cars to September 10 and the sea
son's crop ia now estimated at a total of
1250 to 1300 cars.: The Umpqua and Wil
lamette district will produce about 200
carloads and the Hood River crop, is ex
pected to amount to about 200 cars.
Bartletts. which make up the bulk of
the early shipments, were mostly handled
by Oregon and California canneries ex
cept the Hood River production and a
small part of the Rogue river crop,
which went to eastern markets.
CUBE BUTTER MOVEMENT SLOWER
Market Is Top Heavy, With Stock
' Accumulating.
There was.no change in butter prices
yesterday, but the market was slow and
in the case of cubes top heavy. Prints
have not moved out as readily since the
recent advance.
Fresh eggs were - in light supply and
firm at the previous day's advance.
Storage eggs were steady.
Poultry has cleaned up well up to the
present -time, but with buying for the
Jewish holidays over, the market is ex
pected to slow down. Dressed veal was
easier. Pork was in good demand.
American Wheat Shipments Gain.
World shipments of wheat Last week
and the same week last year were:
Wk. ending Wk. ending
Sept. 23.'22.Sept. 24. '21
U. S. and Canada .. tt, 379, 000 .157,000
Argentina 1,151,000 2M9.0U0
Australia 296.000 $08,000
Others 208. OiiO
Totals . 11,034,000 10,350,000
Shipments for the season to date com
pare ae follows:
Total since Same period
July 1, 22. last season.
V. S. and Canada 98,207,000- 123.627,000
Argentina 26,129,000 9,951, 0UU
Australia 7,048,000 4 13,392,000
Others 1,216,000 1.850,000
Totals 132,600,000 151,327,000
Carlot Apple Sales,
The latest carload sales of northwest
ern applea were Wenatchee Jonathans,
medium to large, extra fancy, $1.25;
fancy, $1. Wenatchee Delicious, extra
fancy, $2(2)2.25. Yakima Jonathans, me
dium to large, extra fancy, $1.251.35.
Yakima Delicious, extra fancy, $22.25.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows :
Clearings. Balances.
Portland . $0,940,047 $2,155,4S0
Seattle . 5. 426,803 1,407.948
Spokane 1.371,131 616,450
Tacoma (transactions) 2,292,000
Isle of Pines Grapefruit In.
The first shipment of the season of
Isle of Pines grapefruit arrived yesterday.
It was quoted at $1011 a box.
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants' Exchange, noon session:
SeDtember- October. November.
Bid. Ask. Bid. Ask. Bid. Ask.
Wheat
Bi Bt.. $1.18 l. ... $1.18 $1.25 $1.16
S wht.. 1.09 1.18 1.25 1.16
W AVht 1.0i 1.08 1.10 1.03 ....
If Win 1.06 1.05 1.08 1.02 ....
N Spr. 1.07 1.05 1.04
W Red 1.03 0i 97
Oats
38 Xat 32.00 .... 32.00 33.25 32.00
Barley
44-lb... 28.00 28.00 28.00
40-Vb. .- 27.50 27.50 27.50
Corn
2 E T.. 29.00 28.50 2S.00
Milirun 24.00 24.00 26.00 24.00 26 00
FLOUR Family patents. $7.20 per
barrel; whole wheat, $6.20; graham, $6;
bakers' hard -wheat, new, $6.50, bakrV
bluestem patents, new, $6.75: valley bak
ers'. $5.90.
AIJLX-FEED Price f. o. b. mill: Mill
run, ton lots, $2"; middlings. $39; rolled
barley, $3638; rolled oats. $42; scratch
feed, $44 per ton.
CORN White, $36; cracked, $38 per
ton. '
HAT Buying prices, 1. o. b. Portland;
Alfalfa, $1818.50 per ton; cheat. $15;
oats and vetch, $20; clover, $18; valley
timothy. $20; eastern Oregon timothy.
$20 21
Butter and Country Produce.
BUTTER Cubes, extras, 41 42c lb.;
prints, parchment wrapped, box lolls. 48c;
cartons, 49c. Butterfat, -48c, delivered
station; buying price, A grade, 43c.
EGGS Buying price: Current receipts.
37c per dozen; henneries, 43c per dozen.
Jobbing prices: Front street, candled
ranch, 45c; selects. 48c. Association, se
lects, 48c; firsts. 46c; pullets, 40c.
CHEESE Tillamook triplets, price to
jobbers, f. o. b. Tillamook, 28c; Young
Americans 20c; longhorns, 29c pound.
POULTRY Hens. 1222c lb.; springs.
I822c; ducks, 20c; geese, 20c; turkeys,
nominal.
VEAL Fancy, 154 16c .per pound.
PORK Fancy. 15 c per pound.
Fruits and Vegetables.
Local jobbing quotations:
FRUlTrf Oranges, Valencia. $5 1 1 oer
box; lemons, $7.5010.30; grapefruit, $10
(fi) 1 1 box; bananas, 89c lb.; canta
loupes, $ 1.75 2.50 per crate ; peaches,
90c(;$1.10 per box; watermelons. l52e
I er lb.; casabas, 22c lb.; pears, $1.75
&2.50; grapes, $1.753.75 per box, 20fg
22 xic basket ; prunes, 3c lb. ; apples, $1
(a'2.50 per box.
POTATOES Oregon, $11.50 sack;
tweet potatoes, 34c per lb.
ONIONS Oregon, $1.251.75 per sack;
California yellow, $1.75 sack.
VEGETABLES Cabbage, 1 29
per pound ; lettuce, $2 (g) $2.25 per crate
gar'ic, 10 20c pound ; green peppers,
5 7c per pound ; tomatoes, 35 50c per
crate; encumbers, 4050c per box; green
corn, 1520c dozen; eggplant, 610o
pound; Hubbard squash, 3c per pound;
ceeta. $1.75 per sack; turnips, $2 per
sack ; cauliflower, 50c $1 dozen ; cel
ery, 50c$1.15 dozen.
1 Staple Groceries.
Local Jobbing quotations:
SUGAR (sack basis) Cane, granulated,
.lac pound; beet, 6 95c per pound, s
NUTS Walnuts, 15 35c per pound;
Brazil nuts, - 1719c; almonds, 17
27c; peanuts, 10 11c per pound.
RICE Blue Rose, 7c per pound; Japan
tyle, 6.1Tt6.25c per pound.
COFFEE: Roasted, bulk, in drums. 20
RDc per pound.
SALT Granulated, bales, $2.60 3.65;
half ground, tons, 50s, $17; 100s, $16.
DRIED FRUITS Dates. 14c pound;
figs, $1.902.75 per box; apples, 1213c
per pound; peaches, 16c; prunes, 1416c;
apricots, 23 32c.
BEANS Small white, 6c; pink, 5e;
red, 6c; lima, 9c per pound.
HONEY $44.75 per case.
Provision a.
Local Jobbing quotations:
HAMS All sizes, 2528c per pound;
skinned, 30c; picnic, 18c; cottage roll,
25c per pound.
BACON Fancy, 3643c; choice, 25
81c; standards, 22 24c.
LARD Pure tierces, 15c per pound ;
DRY SALT BACKS 20 23c; plates,
18 cents.
Hides, Hops, Etc.
HIDES Salted hides, under 45 pounds,
69c; salted hides, over 45 pounds,
7 8c; green hides under 45 pounds, 7
8c; green hides, 45 pounds. 67c;
salted bulls, 67c; green bulls, 5 6c;
aalted or green calf, under 15 pounds,
12 13c; salted or green kip, 16 to 30
pounds, 910c; hair slipped hides and
skins, half price; flint dry hides, 11
12c; flint or dry calf, under 7 pounds.
ll12c; dry salted hides, 89c; culls
and damaged, half price; green or salted
horse hides, $2 3 each; colt skins,
60c$l each; dry horse, 7ocJ1.25 each.
PELTS Dry sheep pelts, long wool
18 20c; dry sheep pelts, short wool, 9
10c; dry sheep pelts, pieces, 910c; dry
jr. ;ep shearlings, no value; salted pelts,
Ion g wool, each. $1.50 2 ; salted pelts,
short wool, each 75c $1 ; salt spring
lamb peits, each, 75c$l; salted shear
lings, each. 10 20c; salted goats, long
hair, each $12; salted goats, short
hair, each 50c$l; dry goats, long hair,
per pound, 10 12c; dry goats, short hair,
each 2550c; goat shearlings, each, 10
26 cents.
TALLOW No. 3, 55Hc; No. 2,
6c per pound; grease, 34c per pound.
CASCARA BARK Now peel, 6o per
pound; old peal, 7c per pound.
OREGON GRAPE Grape root, 6c per
pound.
HOPS 1922 crop, 810c per pound.
WOOL Valley wool, fine and half
blood, 3035c; three-eighths blood, 80
82c; quarter blood, 25 27c; low quarter
and braid, 2022c; matted. 1618c.
MOHAIR Long staple, 3032c, deliv
ered Portland; short staple, 25 27c;
nurry. 2025c per pound.
Oils.
LINSEED OIL Raw, in barrels, $1.10;
S-gallon cans." $1.25; boiled, in barrela
$1.12; 5-gallon cans. $1.27. .
TURPENTINE In drums, $1.60, 6-
galjon cans,. $1.75. , ...
WHITE LEAD 100-pound kegs, 18c
per pound.
j GASOLINE Tank wagons and Iron
j barrels. '26c; cases. 37c.
J Lumber.
The following are direct quotations on
1 Douglas fir and represent approximately
I nrftva.ii.niz- f. o. b. mill nrlces in carlots
and are based on- orders that have been
negotiated:
Pre
vailing
Flooring High. Low. Price.
lx-1 No. 2 VG $54.00 $49.00 $51.00
1x4 Xo. 3 VG 43.00
Jx4 No. 2. & B, SG. 41.00 39.00
1x6 No. 2 & B, SG. 42.00 . 40.00 .....
Stepping -
No. 2 & B 68.00 - 62.00 .....
Finish No. 2 and better
1x8 10-inch 59.00 54.00
Casing and base... 65.00 63.00 .....
Ceiling
x4 No. 2 & B 39.00 36.00 .....
1x4 Xo. 2 & B 39.00 37.00 39.00
1x4 No. 3 35.00
Drop siding
1x6 No. 2 & B 41.00 38.00 41.00
1x6 No. 3 36.50
Boards and SL No, 1
Jx8-10-inch 19.50 15.50 19.50
ixl2-inch 20.00 16.00
Dimension No. 1 C & E
2x4 12-14 19.50 16.50 18.50
Planks and small timbers
4x4 12-10 S 4 S.... 22.50 18.50 20.50
3x10-12 12-36 S 4 S- 24.00 22.00
Timbers 32 feet and under
Gx6-8xl0 S 4 S 23.00 22.00
Lath
Fir 5.50 4.50
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh
Fruits, Etc., at Bay City.
SAN FRANCISCO, Sept. 29. (State
Division of Markets.) Fruit Apples,
box, 90c$2; new green apples, lug box,
75c$1.2o; avocadoes, dozen, $37;
blackberries, drawer, 2035c; canta
loupes, standard crate, 50c $1.50; figs,
double layer box, 75cfe$1.25; grapes,
crate, 7ac$1.25; grapefruit, $7.509;
huckleberries, pound, 25 35c; lemons,
$6.50&9; loganberries, drawer, nominal;
nectarines, crate. $1 W L25 ; oranges, Va
lencia:, $6 11 ; peaches, crate, 65c $1;
pears, Bartlett. box, $1.252.25 ; per
simmons, fiat crate, $1.25 2; Persian
melons, crate, 090c; plums, crate,
75c $1.25; pomegranates, small box,
$1 1.25 ; raspberries, drawer, 35 50c ;
Btrawberriee, drawer, 40 50c; quinces,
boxes, $11.50; watermelons, pound, lo
and less.
Poultry Fryers, 2932c; broilers, 28
38c; roosters, young, 3033c; old,
14 18c ; hens, 16 32c ; ducks, 18 20c ;
turkeys, live, 32 42c; dressed, nominal;
hares, pound, 1518c; squabs, dozen,
$33.50; jackrabbits, dozen, $22.50.
Vegetables Artichokes, lug, $9 12;
beans, pounds, 37c; cabbages, pound,
2c; cauliflower, dozen, 75c$l; carrots,
sack. $1&$1.25; celery, crate, $2.503.50;
cucumbers, lug, 75c$1.25; eggplant, lug,
506oc; lettuce, crate, $1.5u2; corn,
green, sack, $2 3; beets, sack, $1
1.25"; onions, brown and yellow, cwt.,
7505c at wharf; green, box, $L251.50;
peas, 1015c; bell peppers, lug, 607ac;
potatoes, cwt., $1.152; sweet, pound,
23c; rhubarb, box, $1.501.7o; sum
mer squash, lug, 75c$1.15; spinach,
pound, 5 7c ; tomatoes, lug, 75c $1 ;
turnips, sack, 75c 1 ; panuey, dozen
bunches, 30c only; radishes, dozen
bunches. 30c only.
Receipts Flour, 2012 quarter sacks;
wheat, 3200 centals; barley, 7686 centals;
potatoes, 594 sacks; onions, 320 sacks;
hays, 20 tons; hides, 394; lemons and
oranges, 162 boxes.
Oregon Banking and Bond
. News.
G. E. Miller, head of the bond firm of
that name, returned yesterday from
Medford, where he attended to letting
the construction contract of the Eagle
Point irrigation district. The firm han
dled the bond issue of $400,000 for the
project, and the securities are all sold.
"If conditions are not good in my sec
tion of the state right now, they never
will be," declared W. S. Link, cashier
of the McMinnville National bank, who
was a caller upon Portland bankers yes
terday. He said the goose was hanging
high in old Yamhill, with the secret the
generally favorable conditions for the
diversified character of the county's
products. He said it was no one-crop
district, but there were so many Bources
of the river of prosperity that it was
never in danger of running dry.
V
R. W. Schmeer, vice-president of the
United States National bank, returned
yesterday from a vacation trip to Cali
fornia. He hurried back to get his scat
ter guns oiled for the duck-shooting sea
son, expecting to go out Sunday, opening
day, and knock 'em dead. Mr. Schmeer
said he found it very hot in Los An
geles, with a temperature of 102, which
a fever victim would be considered
alarming.
mm
That the usual reliable wheat yield of
Sherman county is short and will not
come up to the general average was the
report of W. H. Ragsdale. president of
the Farmers State bank of Moro, who
wad a caller at -the Northwestern Na
tional yesterday. Quality is good, how
ever, even though the total return is
not quite; up to expectations.
Tom West, vice-president of the Wasco
County bank at The Dalles, was a visitor
in the financial district yesterday. He
said there has been lac'k of moisture the
past week in Wasco county, and the sow
ing of fall grain had been delayed be
cause of a shortage of rainfall.
Tales of a wonderful apple crop in the
Hood river Valley were told at local
banks yesterday by Leslie Butler, presi
dent of the Butler Banking company of
Hood River. He said reliable estimates
place the apple crop at 3,000.000 boxes.
The fruit is said to be exceptionally
fine tn color an sizes are generally
large, with no disease. The apple har
vest is now in full blast and the peak
of loading for shipment will be reached
by October 10 and continue until the
middle of November.
C. C. Close, vice-president of the bond
house of Clark, Kendall & Co., returned
yesterday from a week's trip through
Montana and Idaho, where he bought
bonds amounting to $150,000. He said
conditions throughout southern Idaho
are greatly improved, over what they
were a year ago, when pessimism pre
vailed in that territory.
E. J. Lewis, former manager of the St.
Pau office of Lane, Piper & Jaffray,
harf elected to join the sales force of
G. E. Miller & Co. here, making his de
cision because f the greater opportuni
ties he sees .in the investment banking
business on -this coast. Before his St.
Paul connection, Mr. Lewis was man
ager of the Qmaha office of the Na
tional City company for ten years, and
has a wide experience in the bond busi
ness. CRANBERRY FAIR CLOSES
Exhibits at Ijong Beach Declared
Far Better Than Expected.
LONG BEACH, Wash., Sept. 29.
(Special.) Exhibits at the Cranber
rian fair, which opened here yester
day and closed late tonight, were de
clared far better than even the pro
moters of teh affair expected. The
exhibits, placed in the old Sylvan
hall, included cranberries and other
horticultural products, also needle
work and culinary and canning
specimens. Poultry and livestock
were included in the exhibits.
A big crowd attended the event.
There were delegations from Port
land, Astoria and other points.
Speakers were Dr. Daniels of Hill
Military academy. Senator Sinclair of
Ilwaco and J. S. Beck of South Bend.
Mrs. Herbert Williams of Ilwaco was
vocalist and Petit's orchestra fur
nished instrumental numbers.
Grays Harbor Pigs Sold.
MONTESANO, Wash., Sept. 29.
(Special.) The Grays Harbor Pig
company held a sale of 150 pure
bred sows at Brady on Wednesday.
Not all of the sows were sold, but
the prices of those sold ran from
$40 to 90 each. The following breeds
were represented: Poland China,
Berkshire, Chester White, Hamp
shire, Yorkshire, Tamworth and
Duroo Jersey.
Fire Destroys Prune Drier.
VANCOUVER, Wash., Sept. 29.
(Special.) The big prune drier of
Frank Russell of Washougal was
destroyed by fire last night, en
tailing a losii of about $8000, with
$3300 insurance. It is presumed that
the fire started, from a defeotive
furnace,
WAR NEWS IS WHIP
OVER GR1 PRICES
Near East Happenings Dom
inate Market.
LONGS EVEN UP ON CORN
Quotations Reach Highest Mark
at Opening and Hit low
est at Close.
BY CHARLES D. MICHAELS.
(By Chicago Tribune Leased WireJ
CHICAGO, Sept. 20. Grain price were
highest early and lowest about the
close. . "War news" was the dominating
influence. With a relatively light trade,
the markets easily were influenced.
Wheat closed l&2c lower, corn
10 lower, oats unchanged to .c low
er, rye 3c higher to Vac lower. The
September deliveries showed the moat
advance or decline.
Wheat was up lc in the early trading,
in sympathy with an advance of Vic in
Liverpool. The more warlike character
of the news from the near east also
caused the advance. Outside interest,
however, was not large. Pressure from
houses with northwest and eastern con
nections prevented any material advance.
When stocks in Wall street rallied on
the better outlook abroad wheat values
started downward and with a lack of
aggressive support a decline was easily
attained. Prices had a range of 1V4
lc on the deferred deliveries.
Winnipeg; Shows Strength.
Longs were good sellers of September
wheat and the action of that delivery
occasioned no surprise. Winnipeg showed
pronounced strength throughout the
day and closed 54c higher with ship
ping houses buyers of September and
November. December there closed at
ac under Chicago against 11c under
at one time on Thursday. A fair export
business was under way at the seaboard.
Local arrivals were 55 cars.
General evening up by local longs was
under way in corn. While there was
persistent commission house buying, that
was not sufficient to absorb the offer
ings. The finish was about the bottom.
Buying of September and selling of De
cember was on early at 4c difference,
but at the last the spread was only 4c.
Cash demand was reported, as good In
all sections, with industries and ex
porters after grain in the interior. The
car situation hampers business to a
great extent. Sales of 375,000 bushels
were made by local handlers to the sea
board for export. Premiums on spot
showed little change with receipts 442
cars.
September Oats Sell Freely. -
Longs sold September oats freely, but
there was sufficient demand to absorb
all offerings and hold values within a
range of Vie. A house with northwest
ern connections bought December and
sold May early and later did the re
verse. Cash demand rather slow with
eastern buyers holding off until after
the September is out of the way. Re
ceipts, 208 cars.
Scattered short covering was on in
September rye which found offerings
light. The northwest sold December and
the east bought on the breaks. The
two northwestern markets had 216 cars.
Indications are that there will be no
trouble in closing September trades
u-hiph mature tomorrow. There is a
liberal scattered interest outstanding in
wheat, corn and oats and a small open
interest in rye.
.
A local industry is long September
oats against cash requirements, which
are 800,000 bushels per month. It was
cheaper to buy the September at a dis
count under the cash and stand for a
delivery.
Demand for cash corn is coming from
all directions, 'industries in' Illinois and
Iowa were after' the cash grain during
the day. Those in Iowa bid strongly in
the interior. Exporters at the seaboard
were after corn down state. Bids of
17V&C over Chicago September, track
Baltimore were said to have been made
for number two mixed down state, while
22Va over Chicago September I. o. o.
New York for last half Oetober loading
was" said to be bid. Iowa points offered
considerable corn for deterred shipment.
.The number of hogs on farms in the
so-called seven surplus corn states on
September 1 was 29,780,000, as shown
by the detailed government report com
pared with 28,479,000 last year, an in
crease of 3,281,000, or 11 per cent.
Congestion at Buffalo and Georgian
bay ports have tied up the grain trade
so that even lake shipments are made
with difficulty. Rates from Chicago to
Georgian bay have advanced to 3 Vic per
bushel. The permit system has been
put into force. Shipments can only be
made on permits from the Grand Trunk
and Canadian Pacific railroads. No busi
ness is being taken for Buffalo and 5V4o
is asked against 2 Vic recently.
Shipments of 600,000 bushels wheat,
1. 500.000 bushels corn and more than
500.000 bushels oats have been arranged
for all rail, Chicago to the seaboard, for
export. More business would ba booked
were it possible to get cars. The size
of the movement is mainly a question of
cars. Distribution of the - business de
pends upon the ports and railroads able
to handle it. The railroads are having
more business than they can handle. The
New York Central lines are moving
1,000,000 bushels of corn and oats from
Chicago to Philadelphia and Baltimore.
Farmers in the Canadian northwest
are dissatisfied with present prices for
wheat. They are disposed to hold back
their grain. A late Winnipeg message
said that one line elevator house oper
ating 90 stations booked only 28,000
bushels Thursday. Other line houses re
ported much smaller purchases.
CROP 50 PER CENT GAIN
APPLE YIELD BIG COMPARED
WITH IAST YEAR.
' - 1
Total American Production, How
ever, Declared Iiess Than ....
That of 1920.
The commercial apple crop of the prin
cipal apple producing states, as estimated
by the division of crop estimates, United
States department of agriculture, on Sep
tember 1, 1922, is shown below. Fina-I
estimates for the crops of 1921 and 1920
are also shown, all estimates being in
thousands of bushels.
Forecast Sept. 1. Final Estimates -1922
1921 1920
Wash. ..23.535.000 24.900.000 17,202.000
Or. 4.102,000 4,905,000 2.496,000
Cal 5,049,000 3,840,000 3,890,000
Ida .... 3,216,000 3,681.000 2,268,000
Colo. ... 2,922,000 2,436.000 2,208,000
Kan 1.434.000 87,000 858,000
Mo 3,774,000 90,000 2.772.000
Ark L647.000 48,000 2,172,000
Mich. . 5.084,000 3,624,000 9,501,000
HI 4,719,000 1.191,000 3,807,000
Ind. 918.000 327.000 1,626,000
Ohio ... 2,130,000 1,080,000 4,335.000
W. Va. . 2,622,000 189.000 4.020,000
Va 2.976,000 408,000 5,964,000
Md 915,000 60,000 1.197,000
N. J. ... 1.636.000 396.000 2,544,000
Pa 3,702,000 663,000 4,641,000
N. Y. ...17,400,000
N. Eng... 3,786,000
Others .. 5,718,000
9,000,000 . 19,500,000
3,818,000 3,765.000
3,792,000 7.149.000
Totals 97.255,000 64,125.000 101,715,000
The foregoing estimates indicate that
the 1922 United States commercial apple
crop will be nearly 50 per' cent larger
than last year, but slightly less than in
1920. It is highly probable that the
final estimates following the marketing
of the 1922 crop will show material re
ductions in ' the above figures. In the
case of the Oregon crop, packing of the
earlier varieties has shown that a larger
than usual percentage of the total crop
"grades out," and the same is doubtless
true of the Washington state crop.
Naval Stores.
SAVANNAH, Ga., Sept. 29. Turpen
tine, steady. $1.28V4; sales, 100; receipts
452: shipments, 472; stock, 10,696.
Rosin, quiet; sales, none; receipts, 1071;
shipments, one; stock, 104,589. Quote:
B. D, F, G, H, I, M, 5.47V45.52V4: N,
S5.605.67Vi; WG, 6.106.15; WW,
J6.66.50.
Spot Coffee Steady. .
NEW YORK, Sept. 29. The market
for coffee futures today closed at a
net decline of 3 to 12 points. Sales were
estimated .at about 18,000 bags. Oc
tober, 9.06c; December, 9.21c; January.
9.23c; March' and May. 9.27c; July,
9.08c; September, 9.04c.
Spot coffee steady; Ria 7s, 10c to lOVJc;
Santos 4s. 14c to 15Vc.
Sugar Market.
NEW YORK, Sept. 29. Raw sugar,
centrifugal, 4.96c; refined, - fine granu
lated, 6.25c.
' SAN FRANCISCO. Sept. 29. California-Hawaiian
raw sugar, 4.885c.
ALL WOOI GRADES IN DEMAND
Prices On Very Firm Basis in Boston
Market.
BOSTON, Sept. 29. The Commercial
Bulletin of Boston tomorrow will say:
"With more than a full week's experi
ence under the new tariff it is evident
that the wool trade and the wool manu
facturer are proceeding with more con
fidence much as they may dislike the
form and rates under the tariff for a
definite basis. There had been a fairly
heavy trade for almost every grade and
kind of wool, partly for manufacturers'
accounts and partly of a speculative
nature on the part of the dealers. Prices
are very firm and the tendency of the
dealers is to advocate more money,
especially in the medium grades."
The Commercial Bulletin tomorrow
will publish wool quotations as follows:
Scoured basis: Texas fine, 12 months,
J1.201.25; fine 8 months. 1.071.12.
California. northern, J1.25; middle
county, U.101.15; southern, 909oc.
Oregeon, eastern No. 1 staple, 1.25
1.28; fine and fine medium combing,
$1.151.20; eastern clothing, J1.051.12;
valley No. 1, tl.071.10.
; . Trin fltunlA choice. Sl.27
133- V blood combing, J1.101.2O;
blood combing, 8895c; Vi blood comb
ing, 77 80c.
Pulled: Delaine, J 1. 15 1.20; AA, J1.08
1.12; A super, 11.05.
Mohairs: Best combing, 6065c; best
carding, 5055c.
QUOTATIONS ON DAIRY PRODUCTS
Cnrrent Market Ruling on Bntter,
Cheese and Eggs.
.SAN FRANCISCO. Sept. 29. (U. S.
Bureau of Agricultural Economics.)
Butter Extras, 54c; prime firsts, 49VsC;
firsts, 46 Vic.
Eggs Extras, 54c; extra firsts, 50c;
firsts, nominal; extra pullets, 40c; under
sized pullets, No. 1, 38c.
Cheese California flat fancy, 26c;
California fiat fancy firsts, 24Vic; Cali
fornia Young America fancy, 28Vc.
CHICAGO, Sept. 29. Butter Higher;
creamery extras. 41V4c; firsts. 3335c:
extra firsts, 3740c; seconds. 31V4
32 Vie; standards, 37 Vic.
Eggs Unchanged; receipts 8029 cases.
SEATTLE, Sept. 29. Butter and eggs
unchanged.
Hops at New York.
' NEW YORK, Sept. 29. Hops steady;
states 1922, 2124c: 1921, 1516c; Pa
cific coast 1922, 1618c; 1921, 1415c.
Dried Fruit at New York,
NEW YORK, Sept. 29. Prunes quiet.
Peaches dull.
V.
STATE BOARD. TO MEET
Emergency Appropriations to Be
Voted on at Session. ,
SALEM, Or.. Sept. 29. (Special.)
The state emergency board will
meet in Salem tomorrow to con
sider authorizing deficiency appro
priations for the state school for
the deaf, state penitentiary and the
state training school for boys. The
funds of these institutions are prac
tically exhausted, it was said, and
they have appealed to . the emer
gency board for appropriations suf
ficient to tide them over until the
next session of the legislature.
The board "also will consider the
advisability of appropriating money
for the construction of a girls' dor
mitory at the state industrial school
for girls. The old dormitory was
destroyed by fire two weeks ago. It
was estimated that $30,000 will erect
and furnish the proposed new struc
ture, x
TIMBER TO BE TAPPED
Logging RaHway Will Be Built 7
Miles Up Hadsell Creek.
EUGENE, Or., Sept. 29. (Special.)
Vaughan & Bester, who own and
operate the sawmill at Acme, on the
lower Siuslaw river, soon will build
a logging railway several miles
long, up Hadsell creek, to bring fir
logs down to their plant. There
is a large body of timber up that
stream which the millmen own or
control. This firm also will use the
existing logging road up Barnhardt
creek to bring cedar logs down for
ahinirio mill ar Ret.zen. which
was purchased - from the Monroe
Shingle company that recently sold
out to H. L. Bergman, banker of
Florence, and associates, who owned
the Delta Shingle company's mill
near Florence and which was de
stroyed by fire some time ago.
;
DAILY METEOROLOGICAL REPORT.
PORTLAND, Sept. 29. Maximum tem
perature, 69 degrees; minimum, 49 de
grees. River reading at 8 A. M., 2.1 ft.;
change in last 24 hours, O.l foot fall.
Total rainfall fK P f to R P Ml. trace:
1.90 inches; normal rainfall since Septem-1
100 inches: normal rainfall since .Septem
ber 1. 1022, i.75 inches; excess of rain
fall since September 1, 1922. 0.15 inch.
Sunrise. 6:07 A. M. ; sunset, 5:55 P. M. ;
total sunshine, 7 hours 20 minutes; pos
sible sunshine, 11 hours 48 minutes.
Moonrise, 3:26 P. M., September 30;
moonset, 1:56 A. M-. Oetober 1. Barom
eter (reduced to sea level) 5 P. M., 30.16
inches. Relative humidity: 5 A. M., 98
per cent; noon, 83 per cent: 5 P. M., 64
percent.
TH WBATHER. '
g .g u Wind.
;S ;I o
3 3 1 3 R 5" 3
a S -
3 -r- 2
5 S ! : "
" 3 '.
STATIONS.
Baker 32 00! . .INW Clear
Boise 3H (WiO.OO .. W Clear
Boston 52 80:0. 00 . . W Clear
Calgary ... 30 . . . !0.00 18 W Pt. cloudy
Chicago ... 02 8010.00.. S Clear
Denver ... 50 7OU1.00.. NE Pt. cloudy
Des Moines 60 881O.OO..S Clear
Eureka ... 54 6010.00.. W Clear
Galveston . 74 84 0.00.. E Pt. cloudy
Helena ... 381 62 0.00I12ISW Cloudy
Juneau t4H I
Kan. City.. 64 8!O.O0..S Clear
L Angeles. 60 70.00,.SW Clear
Marshfield 42 72 0.00 12INW Clear
Medford 78 o. 00 . . NW Clear
Mmn'ap'lis 60 8410.02 . . NW Cloudy
N. Orleans. 74 84iO.OO..SE Clear
New York. 68 7610.00 14ISVV Clear
North Hd. 52 58!O.00 14S Cloudy
Phoenix ... 66 9tt'0.00 . .INS Clea
Pocatello .. 34 66 0.00 .. SW Clear
Portland .. 30 6lt0.00..W Pt. cloudy
Koseburg .. 46 72:0.00 .. N Clear
Sacr'm'nto 64 82:0.00 .. NE Clear
St Louis.. 64 860.00..N"E Clear
Salt Lake. 50 6610.00 . . NW Clear
San Diego. 64 70 0.00.. W Clear
S. F"cisco.. 64 7810.00 24 W Clear
Seattle 62 62!0.01il8 S Cloudy
Sitka t52
Spokane .. 46 62 0.OO . . SW Cloudy
Tacoma 64j0.0210 SW Cloudy
Tatoosh Is. 52 Ball. 66 18 SW Bain
Valdez' t48
W. Walla.. 48 7210.00 .. W Pt. cloudy
Wash'ton . 54 7810.001 . . E Clear
Winnipeg . 50 74 0.001. JSW Clear
Yakima ... 34 70!0.nn). ?NW Clear
A. M. today. TP. M. report of preced-
ing day. -
ITORECASTS.
Portland and vicinity Fair and warm
er; easterly winds.
Oregon Fair and warmer; gentle east
erly winds.
Washington Rain in west; fair and
warmer in east portion; fresh southerly
winds.
Phone your want ads to The Ore
gonian. All its readers are inter
ested in the classified columns.
EARLY ADVANCES LOST
NEWS FROM DARDANELLES
UNSETTLES MARKET.
Wheat Trading: Closed Before Re
port Is Received of British
Ultimatum to Turks.
CHICAGO. Sept. 29. Influenced large
ly by changing aspects of relations be
tween British and Turkish forces at tho
Dardanelles, the wheat market toy
declined after an early advance. The
close was unsettled, VAQac net lower
with December $l.M1.04Vi and May
J1.071.07. Corn lost
cents; oats finished unchanged to Ho
oft and provisions unchanged to a set
back of 15c. . .
An advance in Liverpool Quotations
today, despite an easy close here jrester
ray, had much to do with the upward
tendency which fo- tne first two hours
this morning characterized the wheat
market in Chicago. Many traders con
struing the Liverpool advance as re
flecting news that British forces had
been hemmed in at Chanak were slow
t allow for later advices indicating
likelihood that hostilities would be
averted through a conference between
British and Turkish commanders. The
more peaceful view of the outlook ap
peared to dominate the market during
the last part of the day. however, and
trading ended before word was received
of a British ultimatum to the Turks.
Owing to lack of any aggressive sup
port, it took only a moderate amount of
selling to bring about the late decline
in the wheat market. Liquidation on
the part of the holders of September de
livery was a feature. A difference of 5
,nta hetwtNn SeDtember and October
made end-of-the-month pwnershlp of
September seem undesirable, especially
as nrimarv receipts today were an
nounced as well in excess of figures last
week and a year ago.
rnm nnrf nntn Tia.rM.1 lftled the action of
wheat. Crippled transportation facilities
had some bearish effect on corn.
Provisions were governed by fluctua
tions on hog values.
The Chicago grain letter received yes-,
terday by the Overbeck & Cooke com
pany of Portland follows:
Wheat Although the market started
higher and showed some streufth dur
ing the first half hour, the advance was
really a disappointment considering the
character of news from abroad over
night. This Influenced some selling by
disappointed holders and prices dragged
lower until about midday, when cables
telling of a mre conciliatory attitude on
the part of the Turks precipitated a
general selling movement. September
wheat was weak, not displaying the
tightness which has been conspicuous for
several days. American cash markets
were easier,'. but Winnipeg reported a
good demand at firm premiums despite
liberal receipts. Kxclusive of war pos
sibilities, foreign advices the past sev
eral days have borne out the theory of
a prospective demand sufficient to ab
sorb the bulk of North American sur
plus. It is very probable that the de
mand from abroad will soon assert it
self in our markets.
Corn Early strength was followed by
a liquidating movement which carried
prices lower with the leading market.
Larger deliveries on September con
tracts, partly in carlots, eased the ten
sion in that month. Spot prices were
lower, hut the basis relatively steady.
There was no evidence of a let-up in the
eastern demand, although it was said
that business was restricted by trans
portation conditions, not an unusual sit
uation at this time of the year. It is
very evident that there will be an ur
gent demand for corn in this territory
from sections which are beginning to
feel the effect of a shortage. In addition
of the unusually good foreign trade.
Oats Selling of September by leading
holders relieved the congestion in that
month, which in turn Influenced selling
of deferred positions based on the idea
that the expiration of the current month
would be followed by a downward re
vision of cash premiums over the Decem
ber. At the same time, it is understood
that cash oats are in a strong position
and prices will probably be well main
tained. Leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
Sept.
Dec
May.
$ 1.10S. t 1.11 1.07V4 108V4
1.054 1.05 1.04
1.04
1.08
1.07 Vi
1.07
.62 '4
.58 Vi
.61
CORN.
.64 i,
.50 i
62V.
OATS.
.41V4
.37.
Sept.
Dec
May.
.63
.58 tS
.62
.63 V4
.58 Vi
.61
Sept
Dec.
.41 Vi
.871,
.38 ;
.414
.36
.38 Vi
.41 i
.38 V4
May
.39
Pork not quoted.
LARD.
Oct 11.10 10.87 11.00
Jan 9.20 9.12 9.12
RIBS.
Sept. . ' 10.00
Oct... 10.50
Cash prices were as follows:
Wheat No. 3 red, $1.10; No. 2 hard,
$1.09. ,
Corn No. 2 mixed, 64 S 65 Vic; No. 2
yellow, 64Vi63;c.
Oats No. 2 white, 41Vi41V4c; Ho. 3
white, 4040Vic.
Rye No. 3, 60 Vic.
Barley 63c.
Timothy seed $5 iff 6.
Clover seed $14 16.
Pork Nom lnal.
Lard $11.50.
Kibs $11 12
Minneapolis tiraln Market.
Reported by the McCaull-Dlnsmore
Grain company of Portland:
Wheat No. 1 dark northern, good to
fancy, to arrive, $ 1.09 V: 1.21 Vi : fancy
No. 1 dark northern. $1.16 Vi 1.21 Vi ;
No. 1 dark northern. $1.07H 1.14Vi ; to
arrive, $1.08Vi: No. 1 northern. $1.05Vi
1.12V4; to arrive, $1.05Vi ; fancy No. 2
dark northern, $1.11 Vi 1.16V. ; No. 2
dark northern. $ 1.03 Vi W 1.10 Vi : No. 2
northern. $1.01Vi 1.09Vi : fancy No. 3
dark northern, $1.08 Vi 01.11 V ; No. 3
dark northern. 99Vi c1.07Vi ; No. 3
northern, 06H $1.06Vi ; No. 1 dark hard
Montana, $1.09 Vi 0 1.12 Vi : to arrive.
$1.07 Vi 1.11 Vi ; No. 1 hard Montana,
$l.O2H1.07Vi; to arrive. $1.01Vi
LOO1.;; Xo. 3 dark hard Minnesota and
South Dakota, $1.09Vi 1.10 Vi ; to arrive,
$1.08 Vi 1.09 Vi ; No. I hard Minnesota
and South Dakota. $1.00 Vi 1.02 Vi ; to
arrive, $1.0OVi 1.02; fancy amber
durum, 95Vi09Vic; to arrive, yS V 0
96 Vic: No. 1 amber durum. 89Vi93Vic;
to arrive, 86 Vic; No. 1 durum, 82Vi0
8SVic; to arrive, 81 Vic: fancy No. 2 am
ber durum, SVi97Vic: No. 2 amber
durum, 86 16 92 Vic; No. 2 durum, 80 Vi
85 Vic.
Corn No. 2 yellow. 6858Vie; to ar
rive. 56Vio; No. 3 yellow, 6767Vic; to
arrive, 55 Vi c.
Oats No. 2 white. -83 35 Tie : No. 8
white. 3334c: to arrive, 82 Ho.
Barley Choice fancy, 57053c; medium
to good, 5356c; lower grades, 47052c
Rye No. 2, 65Vc: fancy. 65 Vic
Flax No. 1, $2.23 0 2.24 Vi; to arrive,
$2.21 Vi.
Wheat futures September. $1.04Vi;
December, $1.04; May. $1.07Vt.
Primary Receipts.
CHICAGO. Sept. 29. Primarv receipts
Wheat. 2.345.000 bu. vs. J. 703.000 bu.;
enrn. 1.104,000 bu. vs. 1.553,000 bu.; oats,
863.000 bu. va 76,000 bu.
Shipments Wheat. 780,000 bu. vs.
1.558.000 bu.: corn, 682,000 bu. vs. 424.000
bu.: oats. 671.000 bu. vs. 849.000 bu.
Clearances Wheat, 286,000 bu.; corn,
43,000 bu.; oats, 50,000 bu.; flour. 46.000
barrels.
Car lots Minneapolis Wheat. 683;
corn, 8; oats, 48. Winnipeg Wheat,
1700; oats. 51; flax, 83. Duluth Wheat.
447; corn 9: oats 7. Kansas City Wheat.
393; corn, 13; oats, 6. St. Louis Wheat,
151; corn, 25. Omaha Wheat 17; cor
74; oats, 25.
Cash Grain Markets.
Furnished by Jordan-Wentworth & Co..
Portland.
ST. LOUTS, Sept. 29. Wheat No. 2
red. $1.1401.17; No. 3 red, $L101.14.
Corn No. 2 mixed, 63Vic; No. 8 mixed,
63c; No. 2 yellow, 65c; No. 8 yellow,
64 Vic
Oats No. 2 white. 41 Vie.
OMAHA, Sept. 29. Wheat No. 3 red.
9898 1-3c; No. 4 hard, 97c
Corn No. 2 yellow, 57 '4 063c; No. 2
mixed, 6757V4c.
Oats No. 2 white. 87Se.
KANSAS CITY, Sept. 20. Wheat No.
8 red, $1.0701.10; No. 2 hard. $1.0401.10;
No. 8 hard, $1.0301.09; No. 2 dark hard,
$1.12; No. 3 dark hard, $L08 0L13.
Oats No. 3 white, 40 Vic
DULUTH, Sept. 29. Flax $2.2202.23.
Grain at Ban Francisco.
SAN FRANCISCO, Sept. 29. Wheat
Milling,-$1.85 01.92Vi : feed. $1.8001.90.
Barley Feed. $1.17ViL25; shipping,
S1.3O01.STH.
Oats Red feed. $1.6001.85.
Corn White Egyptian, nominal.
Hay Wheat. $16018; fair. $13018;
BCSSssif ;r2 ty-bi.;: :- n. aim v .r- :;. ----.3f.1'l." - t
Quaint Quebec is Calling
In all the American continent there is no place like
the Qity of Quebec no place so quaint, so reminis
cent of old France and the eighteenth century.
That old French style of architecture, carefully
preserved during the centuries and faithfully copied
in the newer structures, lends a picturesque charm
to the setting.
Those steep cobbled streets, that confusion of high
gabled roofs, those churches, convents and count
less other features will stand out in your nvmorjr
of a "vacation you will never forget".
'vriii'Sricir-s
j4 L1 your trip
ttf-'Sif&i. old Quebec.
.T SS Third St.
SS Third St.
Irri NXjj W. H
' -V" Bi
hi,
IP
WW
USSB SS West Kadee Nov.l t USSB HS West O Rowa. . . P'c. lt
- YOKOHAM A. KOBK, IIOM.KOM;, M A MI A.
USSB S3 Eastern Sailor Oct. lith USaB SS l"awlet Nov. 15th
For rates, space, etc., apply to
TRAFFIC DEPARTMENT
BOR-SS'J Board of Trade II ldn.
Broadway 6.160
tame oat. $16018: wild oat. 112011; al
falfa, $16017: stork, tliaU.
Seattle Grain Market.
SEATTLE. Sept. 29. Wheat Hard
white. $1.10 ; nott white, western while.
soft red winter. $1.08; western red. $!..;
Feed and hay unchanged.
Winnipeg; Wheat Futures.
WINNIPEG. Sept. 29 Wheat Oct..
96Hc; Dec. IMHc; May. 99Tc.
EUROPE'S HEEDS GREAT
WHEAT HKQCIREMEXTS I'L'T
AT 800,000,000 Iil'SHELS.
Question of Financing Iu rcliaj.es
Is Main Problem In Amer
ican Export Trade.
The weekly wheat market review ot
Loiran & feryan ot Chicago, received ye
terday by the Overbeck & Cooke com
pany of Portland, follows:
Wheat A feeling of indecision whs
prevalent in trad circles throughout Ui-i
week, with the ordinary supply and de
mand influences completely overshadowed
by the foreign political Imbroglio. Fluc
tuations, in the market were ecewdln:y
erratic, following news Indicating war it
peace possibilities, and there was plenty
of either kind In circulation. At the
close tonight the market was rather
weak based on late advices wuRgentlng
that the British and Turks are near a
settlement.
Getting back to a normal analysis of
the situation one can una reaon wny
wheat should and might decline and
equally as good if not better rounoalion
for a bullish attitude. The fact that the
iTnlted Mates and Canada produced big
crops is to many an irrefutable bearish
argument, without taxing into oonsionrw
tion the world's statistics.
Wheat In distinctly a world-wide propo
sttlon and the situation must be analyzed
from that viewpoint. The latest availa
ble statistics show that the Importing
countries of Kurope produced approxi
mately l"60.000.O0O bushels less than last
vear. -and whereas their purchases from
urnlus producer last year totaled B40.-
000,000 bushels, the logical conclusion is
that their requirements this year will be
pproxlmately boo.ooo.oiw ousneis.
On this basis, a close aojusimeni oi
mipplles is indicated snd the only wbv
these figures can be shaded Is by their
Inability to finance, as It Is a wen-known
fact that all Kurope went into the new
year with materially smaller Invisible
supplies than tney naa on nana it in
start of the previous season.
Officials of the United Ktatss depart
ment of agriculture and economics gen
erally are working on the idea that our
foreign customers will unoofer means of
securing; the foodstuff they need.
The seeding of the new crop of winter
wheat ie well under way in the Urgent
producing states of the west and south
west and ia getting a gmid start la the
states east of the Mississippi river. in
the western half of Kansas, Nebraska
Oklahoma and the panhandle ot Texas
August and the first of September were
very hot and dry. so the usual amount
of plowing ami ground preparation In
this territory has not been done. Mince
tho heat wave and drought were broken
farmers are putting forth every effort
to get wheat in- Present prospeots point
to a slight reduction" In creure in this
western and, southwestern territory.
In many places west and southwest
farmers marketed their last summer's
crop quite freely or as fast as the rail
roads could furnish cars, but at the
present time In this territory the move
ment from the farms is very light. Cov
ering a large area of southwestern Kan
sas', Oklahoma and Texas, probably 75
to 90 per cent of the crop ha been mar
ksted.
HI LLS CONTROL COTTON MARK I T
Futures Close 39 to 51 Points Net
Higher at New York.
(By Chicago Tribune Leased Wire.)
NEW YORK, Sept. 29. Bears had ths
upper hand for only a short time in to
day's cotton market. Shortly after ths
start prices were repressed about 6 to
16 points on the near east news and poor
cables, but the market rallied strongly
later, although the biff Oerman oper
ators were still playing a waiting gams,
due to the proximity of the government
reports.
In the afternoon the market came In
for a net gain of 7 to 8 points. The
buying movement gained momentum,
active Wall-street covering operations
resulting and boosting December options
above 21 cents for a net gain of nearly
c a pound. Business was brisk near
the close, which was around the top and
39 to 62 points net higher.
Spot was quiet. 60 points advance;
21.05c for middling upland.
Southern markets were: Oalveston.
20.40a, 85 points advance; New Orleans,
20.2oc, 25. points advance; Savannah,
20.75c, 50 points advance; Augusta. 21c.
60 points advance; Memphis, 20.60c, 25
points advance; Houston, 20 40c, 40
points advance: Little Rock, 20c, un
changed. NEW YORK. Sept. 28. Cotton fu
tures opened steady; October, 20.15c;
December, 20.40c: January, 20.85c;
March. 20.40c. May. 20.88c.
Futures closed firm; October, 20.70c;
back east include a vkit to quaint
Call or write for information.
::4
Canadian Pacific Railway
PORTLAND Broadway Co JO
PORTLAND Brosdwav CflJd
DEACON. CenersJAKent. f - l
1 v
North China Line
COLUMBIA PACIFIC SHIPPING COMPANY
Operating Vnltcrt Ktate (iovernniTt
DIHKiT I'HKU.Hr 5KKMK UltllotT
Tll.HIPMK r H KTH'KK
POH'I I. AMI. HK.OV
id-.
YOKOHAMA. KOtlK. !Hf.llI. TlKlltlll
(Tirnlaln) llilHKN.
I'ortlaad, liresjoa.
December. 21.01c: .lunuarr, 2o.siie;
March. 20 !c; May. fti'c.
Cotton Peed Oil Market.
Cotton s'ed oil futures at Ne
furnished by Jordan - Went wcrt h
Portlnnd :
Oct. 40ff41e; nv . 7 t
Doc . 7 OBIf 7 9Sr; Kel . 7 90 ? 0Oe ;
10rKllc; Jan., 7. "Hf 7 Wc . M.
it x 3.,c
Spots - ft ROc bid
Tnlnl i.le H'tnO
r T"'k.
i (n,
1 7 lTc;
; March
ir. :u
s
..jW V ie-
V V rr
SAN FRANCISCO & PC3TIAN3
STEAMSHIP COMPANY
For San Francises
From Portland Aiiisworth Dock
STEAMER ROSE CITY
.Mitmlsy. I' A. M . !' -Wednesday,
lo A. M., t. 11
and every nine days thereafter
PASSAGE FARE FROM PC II TUN 0
Promenade Deck J? W)
Out side Saloon Deck i ' 40
Inside Saloon Deck 14 io
Third Class (M iles Only) 1
Round Trip (r'ii st Class! M 00
All fares irrltirle berth
and metis while at ses.
tstsssksri rteasnW kv swssn sill tr rtM
ktiiti at nit f l tn 1st tt et
Irius tew M 2M smMs.
City Ticket Offks 3rd sso Wsthlnftssi
Phone Broadway bvl
i
Freipht Office, Ainsworth Dock
ciiuacDiujsav.w
innuniiaCjnv
S.S. Admiral Farra&mt
sllfi..1 Minlct.-.1 !"- x t
Wednesday. October 4. 10 A. M.
Cvery II nlneiilaj Ihereefter
I'OK HA.M HUM ICO
I OS A.N OKI. KS BAN Dlit.O
portal Low
RotiDtf-'iTIp Kxearaloaa.
Man I-raiirlsca .. .. J"
Ioa Anarelea .4.oi
Has lllrso .. ."I.IM
Ticket Offlret
101 THinO T.. 'OK. ptTMlK
I J none arsMw m
l'bono Jfroaaway mi
I Astoria and Way Points I
IS 1. S r. rm
Pally, Karept Krlday. NulO A. M.
Ma-lit Boat Daily, liicept f as
say, 7iao l.
Fare to Astoria. Iluaa4l
Trip.
Ucek-End Itouud Trip
The Dalles-Hood River
KTEAMiH HKlnitl:.
Dally, ticrpt Natarstay. 7il3 A.M.
Ifaro Tae tallea. si. Hi l llooe
Hirer. (I.
Udwy. 344- AWrr-St Dorav
TIIK
UABK1M Til rOHTA'l lO
CO.
STEAMER
SAN FRANCISCO
IAIIINU Tt K It AY. 2i30 l M.
Iv llalea
M. RilLLA H, Areat,
122 Third St. I'kaae lid wy. 734.
(
r .t'.x m aw miPii,. .ufieF-
AUSTRALIw
rww 9-srax'n Avn KITTII ftBE4.sK,
Via Tahiti and Raratonga. Mall ssh V
paMseuger service i ntu oaa raaeisr
eery its days.
facifie Tour. Booth Bess. Xew yoalaaq.
Aaetralla, a6.V lest las.
rvioN, n. h. co. or Mir Z i-ALA50,
40 California Pi., aaa vruews, as
atcwauliia aaa gall road a4aMa.