THE 3IORXIXG OREGOXIAX, SATURDAY. OCTOBER 7, 1922
2.1
MARKET IN STOCKS
: IS mm VIOLENT
Hand of Professional Spec
ulators Is Seen.
EVENTS NOT EDIFYING
Prices Violently
Hauled, First in
tion, Then In
Pulled and
One Direc-Another.
' (By Chicago Tribune Leased Wire.)
NEW YORK, Oct. 6. The movement
hich attracted the most attention on
today's markets was in prices of stocks
stnri in ateriine exchange. It was th;
kind of movement which occurs- only
when speculators of the professional
port are almost the sole influence
v-fl I lien.
The events of the day on the stock
exchange were not especially edifying.
They represented nothing but the violent
pulling and hauling of prices, first in
one direction and then in another, al
ways without the slightest reference t.
nch matters as news of the day or in
trinflic values, and always through the
collision of two ODDOSing groups of
manipulators.
This kind of market Is apt to occur
when one speculative faction has been
engaged in bidding up prices because
money can be had on easy terms with
which to do it. while another faction
has been at work offering stock down
on the theory that the rise has been
overdone. If the real investing public
has made up its mind that the general
situation favors either higher or lower
prices, the market will move empha
tically in the direction which the out
sider's attitude indicates. At the moment
there is no reason to suppose that the
investor is greatly interested on either
Fide. The speculators are fignting it
out by themselves and the result is not
of supreme importance.
Something of the same class of purely
speculative judgment was shown in the
course of sterling exchange, which de
clined 1C and rose 1c afterward. No
doubt there is wide ground for differ
ence in opinion as to the probable course
of sterling. That was equally true a
year ago, when the rate rose from $3.73
at the beginning of October (27 cents
below the year's prior high point) to
$3.95 a month later and $4.24 in Decem
ber. Circumstances are not parallel.
Kurope is compelled to buy more of our
grain than was bought last year; there
are larger payments for England, to
make in America, and the price of ex
change is higher; nevertheless, the whole
course of sterling during the last 12
months has shown the powerful action
of influences invisible to the ordinary ob
servers. It might be said that the mere
fart of the recent stability of the rate
under all existing circumstances is evi
dence that such forces are still operating.
German war loan 5s
Hamburg 4s ........
do 4 lis
Italian 5s ..........
Leipzig 4s
do 5s
Munich 4s .........
Norway Ss .
Denmark 6g ........
Mfg. and Inds.
Allied Packers 6s
Am Cotton Oil os...
Am Tobacco 7s ....
Am Thread 6s
Anaconda fts
do 7s ... 1
Anglo Am Oil TAB..
Armour 7s
Beth Steel 7s
Canadian Nat
Cudahy Pack
Ooodnch
1918
By
1924
1923
1924
1929
1929
1925
1930
1935
7s 1935
. . 1923
1925
I R T 7s 1921
Kennecott Copper
Morris & Co. His.
Sears Koebuck 7s .
Sinclair 73
Swift & Co. 7s
7s
1930
193U
1927
1925
1925
V.
3 Hi
i
1
to
112
110
' 70
99 i
1011a
103
102
1113
1U4
102V4
110
101U
103
95
105
10
101
10B
101
hi
1
35 hi
Vt
112J4
llOHi
78
99
102
103
102 i
104
103
105
103
111
101
103 i
96
105
107
101
10614
101 li
Foreign and Curb Bonds.
Furnished by Jordan, Wentworth &
Co., of Portland:
Foreign Government Internal
French Internal 4s 1917 48
French Victory 5s 1920 59
Belgian Restoration 5s 65
British 2Vi9o consols 51
Italian Cons War Loan 5 .... 35
Lei eitt
Stockholm 26.44
Christiania 17.65
Copenhagen 20.25
Rupees .... 2914
Argentine
Chile
Brazil
Peru
Oreek
Holland . .
Czecho
Serbian
Swiss
Finland
Curb bonds
Allied Packers 6a
Am Tei & Tel 6s ..
do 6s
Anaconda Copper 6s
do 7s
Armour & Co 7a
Beth Steel 7s
Copper Ex Assn 8s..
do 8s
Galena Signal Oil
1922
1924
1935
1924
1925
35
i:i.95
11.60
3.95
2.85
38.71
15.15
3.41
1.38
18.69
2.25
7714
101 Vi
101
10314
104
10214
102
10314
10514
OILS STRONG FEATURE
ADVANCES IX BOXDS RANGE
TJB TO TWO POIXTS.
General Gains in Liberty Group
Foreign Loans and Domes
tic Rails Irregular.
Grand Trunk 6s .... 106
Inter Rapid Trari 7s.
Libby McNeil & Libby 7s..
Sears Roebuck 3-yr
So West Tel 7a
Standard Oil N Y 6&s ....
do 7s . . . i
Swift & Co 7a
do 7b
1033
1H26
laai
The German marks sold today slightly
under the previous low record price of
"WrlneFday. Jf the cour.se of mark
values is shaped like that of other mar
kets on the basis of actual supply and
demand the making of new low ret.
onis" could certainly not be called illog
cal. Today's Reichsbank statement for
tha week ending September 30, reported
mm tne respectable increase or lib.iaa,
00.0(H) marks, the best previous achieve
ment being the addition of 22,078,000,000
in the last week of August. In the cor
responding week last year an increase
of 4,05.000.000 marks was regarded a.
pretty rapid inflation. Twenty-six oil
lion marks would mean printing of i
little more than four billion a day, ex
eluding Sunday, but the cables tell ui
that . the Reichsbank has promised to
double that daily output.
100
101
3 02
1 Of) M
106
101
102
COTTON MARKET CLOSES HIGHER
New York Reports Buying Power In
creased After Slump.
NEW YORK, Oct. 6. Today's cotton
market closed about He higher. Buy
ing power increased after an early slump
of 36 to 25 points, the market being dis
turbed by the bad turn in the near east
situation. The rally, in the late morn-
ng was sympathetic with the recovery
in eecurity. and exchange.. Ruling senti
ment still was as mixed as ever, with
much of the trading in the hands of
professionals. Outsiders seemed to be
awaiting further developments in the
international situation. The close was
Orm to strong, 20 to 33 points net higher.
SDOt Stfariv 2.1 rirtinta arliranea 1 fin
lor middling upland.
Southern markets were: Galvestnn
Cl.lOc, 30 points advance; Ne Orleans,
?0.8Sc, 38 points advance; Savannah
1.25c, 25 points advance; Augusta,
1.10c, 25 points advance; Memphis, 21c
t points advance; Houston, 21c. 25
points advance; Little Rock, 20.75c, 25
points advance.
NEW YORK, Oct. 6. Conspicuous
strength of oil company liens in reflec
tion of higher stock prices was the
lient characteristic of today's dealings in
bonds on the New York stock exchange
Sinclair Oil 7&s and Invincible Oil 8s
each climbed two points on heavy sales
and fierce Oil 8s moved up 1.
Foreign bonds,- which have been par
ticularly susceptible to developments
the near east, were irregular. Queens
land 6s, Seine 7s and Anton- Jurgens 6s
being particularly heavy. Other changes
were largely fractional.
Conflicting movements also took place
in the rail list. Atchison convertible 4s
of I960 and Denver & Rio Grande
funding showing marked strength oa
gains of 2 and 3 points, respectively,
Chicago & Alton 3s and Canadian Fa
cific 4s also made good progress, but
reactionary tendency developed in St.
Paul general 44s and convertible 4s,
New Haven convertible 6s, Denver & Rio
Grande consolidated 4s and Rio Grande
& Western collateral 4s.
In addition to the strength of oil
bonds, the features of the domestic lis
were gains of a point or more in Cerro
de Pasco 8s and General Electric 6s. At
antic Fruit 7s sold off 1 and then ral
lied 24 from the low. Other changes
were unimportant.
Liberties were much better, the gains
ranging from 6 to 24 points, the first
4H s registering the largest advance.
Victory issues receded slightly.
Total sales, par value, were $11, 647, 000.
The Important offering today was
S12.500.0OO bond issue of 5 per cent 40
year refunding and first mortgage gold
bonds of the Milwaukee Electric Kail
way & Light company, which were sold
at 92H and interest to yield 5.50 per
cent. The subscription books were closed
before noon.
. CLOSING STOCK QUOTATIONS.
Stock quotations at New York, fur
nished by the Overbeck-Cooke company:
Stock. Sales. High. Low. Bid.
Adams Exp .... 3.700 S3 7 83
Adv Rum - 3
do i,fd 54
Agr Chena 37
cio pra oo 7
100 4
700 1 1 i
2,400 85 56 84
1,300 58 57
Ajax Rub
Alaska Gold ...
Alaska Juneau..
Allied Oh em ...
Allis-Chal
do pfd
Am Beet Sugar.
Am uoscn
Am Can Co
do Dfd
Am -Car & Fdy..
do Pfd
Am Cot Oil
Am Drug Synd .
200
500
10,100
4
43 H
65
200 110
1)00 18i
2u0 121i4
100 27
45
43
64
110
188
11
27
IIIIIUII ,1IUI1L.UUL. LL.UUI
1 I
I
Am Hide
pfd.
Am Ice
Am Intl Corp
Am Linseed ....
Dfd
Am Loco
do Dfd
Am Scf Razor.. 2.900
Am Ship jl Cora.l:l.0 24'A
Am Smelter l.iua
do pld 100 301
Austin Nichols.. 500 36
Am Steel Fdy... J, 000 4-114
Am Sugar 1,400 81
do pld
Hi
57 Vs
101
43
4314
65 to
30
121
27
14
Lea 1414
Nw York Honda.
Furnished by Overbeck
pany of Portland:
RhiIs
AU'h gen 4s, ......
B & O pi 3tos
do ref 5s
do conv 4tos
do S W div 314s..
do gold 4s
C .M & St P conv 5s.
do ref 4Hs
do 4s
do deb 4s ........
do conv 414s -.
Central Pac gtd 4s.
C & O conv 414s ...
do conv 5s
C G W 4s
C C C St, L gen 4s 1903
do gen lis WHS
Colo Sou 4 14s . . . .
C It I & P ref 4s.
3el & Hud conv 5s
D R U ret i ...
do conv 4s
Erie pi 4s
do gl 4s
do conv 4s A ..
do conv 4s B
do conv 4s D ...
Ornn(i Trunk
& Cooke com-
1993
1925
1095
1933
1925
194S
2014
1014
1925
1934
1032
1049
1930
194H
1959
1933
1934
1935
1953
93
3!9H
199
1953
1953
1053
1940
Illinois' Cent sec 514s 1934
Bid.
91
95
90
8
93
84
7(
63
8314
B514
73
89 H
8914
' 91
52
S3
101 hi
90
84
100
49
77
65
53
50
50
32
113
101 4
69 to
93 to
89
83
66 14
106 '4
771.
89 '
64
Kan City Sou 3s.... 1950
do 5s 1950
ITieh Cent deb 4s . . . 1929
'SI K & T 4b 1990
Sto Pac gen 4s .... 1975
N T C deb lis 1935
N O T J! 5s 1935
Nor Pacific P L 4s.. 1997
do gen 3s ........ 2047
Penna gen 4 "4s . 1965
do 7s 1930
Reading gen 4s .... 1997
C I. & S FPL 4s. . 1950
do 5s 1950
do 6s 1928
do Inc 63 1960
do adj 6s 5 955
Et 1. & S W term 5s. 1952
do con 4s 1932
Seaboard A L ref 4s 1959
do adj 5s 1949
So Pac coil 4s 1949
do cv 4s 1929
do ref 4s 1955
do S F term 4s . . . 1950
0 Ry gen 4s 1956
do con 3s 3995
Tex Pao 1st 3s .... 2000
V P 1st 4s 1947
do cv 4s 1927
do ref 4s 200S
Vi Ry 1st 5s 3962
AVest Pac 5s 3946
lit Northern 7a 11214
Tractions
B R T 5s 1945 62
do 7s 1921 . 92
Mud & Man 1st ref 5s 1957 S5 5i
Jnterboro Wet 41s . 1936 15
1 R T ret 5s 1966 73
Hud it Man Inc 5s '. 6114
roreign uovernment tonds
309
86
74 t
89
10014
70
82
79
78
44
2S
8714
91
891j.
84
69
9S3i
98
93 Hi
95 1,
87 '4
9S
85
Belgium
do us . .
Canada 3s
do -5s
do 3 H s
Tiordeaux t
French 8s
Japanese 4c
Swiss N9 .
5H.S
7 Is s
3945
1923
1926
1 93 1
1929
1934
194 5
1931
1940
103
99 4
99 1.
99
101
80
101 "i
80
92
121
10714
103 i
1041.
100
97 4
30
96
9314
92',
911,
96
11014
93
99
98
101
944
102
89 It
97
1104
89
V K
do 5 'as .. 1929
do 5,s 1937
Chile 8 s 1941
Sao Pauio 8s
French "rS
Chinese 3s
M iscellaneous
Cal Gas unit 5s .... 1937
Pac Uas 5s 3 942
Vtah Power 5s .... 1944
Armour 4143 1939
Chile 6s 1932
do 7 1923
Int Mer Marine 6s . 1941
Mont Power 3s .... 1943
Wilson 6s 1928
do 6s 1941
MO:, and Ind. Bonds
Am Smelting ref 5s. 1947
U, S Rubber 7s . 3923
do 3a 1947
V S Realty 5s 1924
Vnited Urug 83
Cuban Cane sugar Ts ....
Coal, Iron and tteel
Beth Steel ref 5s... 1942 97
C K I gen 3s 1943 92
Colo Ind 5s 1934 80
Iil Steel deb 41,3 .. 1940 92
Lack Steel 5 1923 10014
Midvale 5s 393K 90
V S Steel 5s 1963 10214
Telephone and Teleg. Bonds
X T & T 6 1925 116
do 4s 1929 924
do 3s 1946 99 14
Pac Tel 5s 1937 99
Foreign Governments
Beltrluni nest 5s 61
Berlin 4s H
British 5s 192T 91 4
do 5s 1929 91 4
do Vic 43 75 4
do ref 4s 72 4
Canada 5s 1937 99
do 3 4 1927 99
Frankfort 4s .
1'reneh 3a 1931 58
do 6s 1920 67
do 4s . u . 1U17 47
Asked.
9114
95 4
90 4
8614
93 14
85
76 4
6814
84
66 4
' 73 4
90
8954
914
53
83 4
10214
91
85
101
50
774
66
34
32
52
53
114
103
70
941i
93
84
67
107
78
89 31
64 4
9314
110
86.
75
90
303
70 4
82
SO
78
45
29
88
92
901
84 4
69 4
99
99
94
96
8SU
99
86
133
64
94
83
16
73 4
63
104
99 4
99 4
99 4
101
82
1014
81
92
122
108
393
1044
102
98
SMALLER WHEAT CROP XEXT
YEAR PROMISED.
Continued Dry Weather in Grain
Belt Has Steadying Effect
on Current Market.
51
98
93
94
92
96 4
112
93 4
99
99
101
95
303
89
984
112
90
98
95
81
93
90 4
103
117
93
UK!
99 4
64
93 4
"14
77
74
lo4
100
1
394
69
48 4
The grain situation is reviewed by
Clement Curtis, of Chicago In a wire re
ceived by Jordan, Wenworth & Co. of
this city as follows:
Abatement of the scare in European
political situation made for a moderate
decline tn wheat prices. The car short
age had some effect, though the receipts
are fairly large compared with previous
seasons at this time. The export business
is slow in United States wheat, but con
stant in the taking of the Canadian. The
continued dry weather over the entire
wheat belt has been a steadying Influence
in the ppice. The period of heavy seed
ing has been reached all over the coun
try, but the very dry soil Impedes plow
ing; there is more discing in the corn
lands than formerly, and the acreage
promises to be somewhat smaller than
last season. The droughty conditions
are not favorable to fall growth, and
there may be a repetition of last season.
with its large loss of acreage, though
more extended, as the dry area a year
ago covered the western haif of Kansas
and Nebraska and ail of Oklahoma and
Texas, while this year it will embrace
over two-thirds of the area. Until gen
eral rains fall, there will be much trade
concern over the crop of next season,
which will have a tendency to hold the
grain on the farm for a better price.
Corn The corn crop is matured and
being gathered and there are reports of
smaller yield than indicated. The gov
ernment report on Monday will be the
important influence in the market and
if it agrees with the private estimates
and the indication drops to 2.800,000,000
bushels or under, the confirmation of
small crop will bring additional buying
the market and have a firm effect
upon the Ohio, Indiana, Illinois and Iowa
growers, who have raised good crops this
season The drift of corn will be away
irom the primary markets and to the
southwest and south and into the eec
tions were hog supplies are large and the
crop below the requirements of rounding
out tne meat animals for market.
Oats The new oats crop is showing
good quality. The small corn crop Is
retaining oats on the farm and the re
sult is a declining visible at a time when
aupplies increase rapidly.
.Prices of all grains are below the cost
of production, and this will eventually
eu in (uvttiite, as tueie 13 no inaica
tion of decreasing prices in other com
modities to equalize the falling grain.
ADVANCE IN BUSINESS GENERAL,
Further Improvement oted In Most
Lines During- Week.
NEW TORK, Oct. 6. Dun's Review
tomorrow will say:
v ith tew exceptions, major move
ments in business continue in the direc-
tion of improvement. Recent weeks have
brought a practically general advance,
following a seasonal lull in different
trades and a setback in some industries
through labor troubles and sentiment is
unmistakably stronger.
While uniformity of gain in volume
of transactions is lacking and though
obstacles to progress are still present,
activities in various quarters have ex
panded considerably and in certain In
stances the best previous records have
been closely approached or exceeded.
The noteworthy demand for railroad
material has remained an outstanding
featu-e, about 1,500,000 tons of rails
having been ordered for 1923 delivery
and large quantities of rolling stock
purchased.
Production of both pig iron and steel
has recovered substantially from the low
level of the summer.
Weekly bank clearings were ' 87,411,-757,000.
Am Sumatra
Am T & T .
Am Tob . . .
do B
Am Wool . .
do Dfd . . .
Am W P
Am Zinc ,
Anaconda
Assd Oil ,
Atchison .
do pfd
100
3.300 113 11115
4,700 oSH 37 4
4,900 3S4 37 4
100 58:4 58 4
6.T00.12S14 127
200 119 A 119
or.
22 '4
62
101
35
4414
80 4
39 4
200 39
1,900 124
71
112
38
3814
58 4
127
119
6
23
6214
10O74
33
44 4
80 4
3 09
394
123 123'
600 HXi'A 162 4 102
500 159 159 159
pfd.
4,400 loo 54
100 109
99 4 99
109 108 4
33
19 19t
2 52 4
200 39
... 3.700 53
900 124 4 322 12:
...10,200 107 105V1 106
. 92 14
Atl Coast Line.. 300 1204 1204
Atl Gulf & W I. 1.60O 31 314
Baldwin Loco 12,800 13814 13674
pfd
Balli & Ohio .
do pfd
Barnsdell Cor
do B
Beth Steel B .
Booth Fish . . .
B R T
Butte C & Z.
Butte & Sup .
Burns Bros A.
do B
Caddo Oil ...
Calif Pack ...
Calif Pet
do pfd
Cal Zinc & Lead 1
200 1167k
4, iUO OB
100
3,100
115
55 4
64 34
37
6,100 754
500
1,200
700
4, COO
900
3,900
24 14
7
34
32
854
65
Can Pac
Cent Leather . .
Cerro de Pasco.
Chandler Motor.
Chi & N W
Chi Gt W
do pfd
Chili Cop
Chino
C M St P
do pfd
Coco Cola
C & O
Colo F & I
Colo Southern.
4,700 1464
00
3,100
2.8O0
3.300
400
400
. 6,800
1,400
3,600
5.100
12.400
3.400
3,400
200
39 4
63 4
93 4
64
144
26
29 4
33
50
79
74
33
09
24 4
74
33
135
'ii
84
63
9
14514
4114
SS
62 '
92
6
144
26
29
3214
49
77
74
33 4
49 4
Col Gas & Blec. 6,200 109 108
Columbia Graph. 1.800 314 3 4
Con Gas.
Cons Cigars ..
Cons Textile..
ContI Can
Corn Prod ....
do pfd
Cosden Oil
C R I & P
do "A" pfd.
do "B" pfd.
Crucible . , .
do pfd
Cuba Cane
do pfd
4.400 138 4 137 4
200 .40
. 1,300 1114
. 1,200 89 4
.23.400 126
20O 121
. 9.400 49 '4
. 3.400 44
. 1.100 100
900 93
120 4
31
137
114
55
at
25
75
8
24
74
34
135
47
12
WO
64
9
146
41
39
63
92
6
14 4
25
29
32
49
77
74 4
3
49
108 4
A
138
Pitts Coal 1.900 604
Pitts & W Va . . 5O0 39 4
Pressed Steel Car 100 90
Punta Alegre ... 1,000 48
Pullman - 600 131 4
Pure Oil 1,300 32
Ray Cons 300 154
Reading 4.600 794
Replogle Steel ..12.9K) 36
Republic 1 4 S. 4,800 58
do pfd 200 87 4
Rep Motors .... 3H 3
Royal Dutch Oil 4,80 58 4
Ry Steel Spring 300 122
Saxon Motors 600 414
Sears Roebuck . 3,400 91 4
Shattuck & Ariz ....
Shell T & T . 200 38 4
Sinclair .......
Sloss Shef
Sou Pacific . ...
Sou Ry
do pfd
Stand Oil Cal ..
Stand Oil Ind .
Stand Oil N J
Stand Oil Ken .
St L & S F
Stromberg Carb.
Studebaker
Swift Co
TennC&Chem. 300
Texas Oil 63,400
59
38
89
48
130
31
13
,784
35
57 4
87
3
57
122 4
4
90
50
94
25 54
64
. 70,600
100
. 4,000
3.300
800
.17.900 130
333
.46.400 223
1154 1104
600 29 4 29
3.S00 58 55 4
.34,200 133 1314
384
35
50
93
25 4
63 4
128
123
216
Texas Fac
T P C & O
Tob Pdts
Tran Contl Oil .
U Bag & Paper. .
union on Del
500
. 1.800
2.300
19,600
200
1.800
10
50
30
274
63
15
73
19 4
48
29
62 4
14
Union Pac 3,100 153
united Alloy ... 100 37
United Drug .... 500 83
Utd Food Urod.. 200 6
United Fruit 1.400 157
Utd Rtl Stores. . 1,300 82
USCIPlpe 200 34
U S Ind Alcohol. 3.000 66 4
U S Rub 1.500 53
do pfd 100
U S Smelting . . .-. 600 43
U S Steel 46.000 306
do pfd 200 122
Utah Copper ... 1.3O0 68
Va Chem 100 28
do pfd
Vanadium Steel 1,700 474
Vivaudou 2,100 13
Wabash 700 12
do A pfd 700 32
do B Dfd 300 214
Weils Fargo ... 2,500 83
Western Pac ... 400 37
do Dfd 300 62X4
Western Union. . 5.2O0 118
Westing'he A B 100 100
do B & M .... 1.100 62
West Md 200 14
White Eaele Oil. 70(1 a-'si
White Motors ...
White Oil 1.400 7
Willys-Overland. 909 7
do pfd 2.600 44 li
Wilson Packing. 300 46
Wis Central 100 31
Woolworth 2.000 199
Worth'g Pump .. 300 40 4
W&LE 200 33
39
150
37
83
64
152 4
83 4
34 4
. 64
52 4
100
424
103 10,
122 1
60
38 4
89
474
130
324
154
78
35 4
58
87
2
57
122
4
91
9
38 4
36
49
94
23
64
130
1324
220
114
29
56
131
108 4
9
29
27
62
14
73 4
19
15014
37
83
6
154
81
34
52
100
43
PRICES 15 TO 2 3 CENTS LOW
ER OX MOST GRADES.
67
46
13
12
32
214
90
174
62 4
114 116
100 100
624 . 62
14 14
32 32
30
4
67
28
66
46
13
3
21
92
174
o:
74
42
45
31
195
40
1214
7
43
45
31
199 4
4U
12
Liberty 34s. .
do 1st 4s
do 2d 4s. . . .
do 1st 4s.
do 2d 4s..
do 3d 4s. .
Liberty Bond Quotations.
Liberty bond and victory note ouota
tions furnished by the Overbeck & Cooke
company of Portland:
Open. High. Low. Close.
100.52 100.66 100.40 100.60
99.94
99.74
100.08 100.30 100.04 100.20
99.80 100.00 99.80 99.96
99.86 100.O8 99.86 100.00
do 4th 41is.. 100.06 100.28 100.06 100.24
Vic. 4" a call. 100 12 100.14 100.12 100.12
da 4s 1923 100.40 100.42 100.40 100.40
Money. Silver. Etc.
NEW TORK. Oct. 8. Call money.
firmer; high, 5: low. 4: ruling rate,
4; closing bd. 5; offered at 5; last
loan, d.
Time loans, firm: mixed collateral, 60-
90 days, 4; 4-6 months, 4.
Prime commercial paper, 4 4- .
Foreign bar silver, 69 c.
Mexican dollars, 52 74 c.
LONDON, Oct. 6. Bar silver, 35 3-16d
per ounce. Money, 1 per cent. Dis
count rates, short bills, 2 per cent;
three-months bills, 2 7-16 4 per cent.
3.000
. 100
800
400
Cuban Amn Sug. 1.500
Lewis Bank Deposits 86,763,287.
CENTRA Li A. Wash., Oct. 6. (Spe
cial.) The total deposits of the 12 Lewis
county banks at the close of business on
September 15 were $6,763,287.83, accord
ing to statements published by the banks
following a call by the state banking de
partment. This is a gain of $20S. 622.26
over the deposits of June 30. the date of
the previous call. During this period the
three Centralia batiks gained $54,710.74
in deposits.
Spot Coffee Firmer.
NEW YORK. Oct. 6. Coffee futures
did a little better on -covering or- trade
buying accompanied by reports ' of a
firmer cost and freight situation and a
slightly better spot demand. The March
price broke to 9.09c just before the clos
ing under smali offerings. The general
list closed at a net decline of 2 to 5
points. Sales were reported of about
to.noo bags. October. 8.95c; December,
9.10c: January and March. 9.09c ; May,
.06c: July. 90c; September. 8.73c.
Spot coffee, firmer, Rio 7a, 910c;
Santos 4s, 13?15c
Cottoa Market.
NEW TORK, Oct. 6. Cotton futures
opened steady. December. 21.25c: Jan
uary. 21.13c; -March. 21.20c: May. 21.10c:
July, 20.87c. Cotton closed barely steady
from 20 to 33 points net higher.
Davison Chem..
Del & Hudson...
Del & Lack
Dome Mines
Elec Stor Bat...
Endl Johnson. . .
Erie
do 1st pfd....
Famous Players.
Fed Mm & Smlt
do pfd
Fisk Tire
Gen Cigar
Gen Elec
Gen Motor
do 6
Gen Asphalt. . . .
Glidden Paint...
Goodrich T & R.
Glen Alden
Granby
Great Nor Ore..
Great Nor pfd . .
Greene Cananea.
300
86 4
96
14
37
23
48
100 136
3.900 139
1.400 38
Gulf S Steel
Houston Oil :
Hupp Motor
Ills Cent
Inspiration
Int Ag Corp com
do pfd
1.500
900
1,800
900
3.600
"ioo
1,600
300
3 00
10.600
21.2O0
300
900
'400
1,200
3.200
400
16.400
24.800
400
56
85
16
25
99
60 4
13
804
178
H
65
14
35
58
314
40
93
30
91 4
90
22
39
10
88
118
121
48 4
43 4
100
92 4
84
96
13
36
23 4
4814
136 13
137 4 138
37 3
65
84
15
10
89 Ik
125 4
120
49
44
100
924
85
96
13
36
23
Interboro 1,400
do pfd
Int Harv
Int Mer Marine.
do pfd
Int Nickel-
Int Paper
do pfd
Invincible Oil.
Islend Oil
Jewel Tea
K C Southern,
do pfd
Kavser j
200 113
400 40
600 8 4
100 37
87 4
604
13
80
178
14 4
'ei
14
344
57
31
39
92
30
86
83
22
115
39
8 4
37
54
1
100 54
200 113 130 4
2.300 1 6 3 5
64
174
89 4
1.400
x 400
1.000
62
16
58 4
. .25,500
. . 1,000
.. . 100
600
100
.. 1.600
Kelly Springfield 2.0O0
Kennecott
Keystone Tire .
Lack steel
Lee Tire
Lehigh Valley .
Lorillard
Loew Theatres.
L & N
Lima Loco
Marland Oil 12,100
Maxwell Motor A 200
17
20
24
57
46
43
35 4
8
82
26
684
I
5,000 22
200 138
2.600 61
404
52
1.800
200
900
200
1.100
0K 1
5"0 18
16
20
23
57
46
41
41
7
80
26
68
1704
21
137
60
39
57
18
do R
May Stores 4.100 1414 137
Mex Petroleum. .36.000 185 178
Mex Seaboard .. 2,60 16
Miami 100
Middle States Oil 5.300
Midvale Steel ..10,300
M K & T Wl... 60O
Mack Truck
Mont Power
Montgomery
Mo Pac
do pfd . . .
M St P S
Nat Biscuit
Nat Ertamel
Nat Lead . .
Nevada Con
New Haven.
Norfolk W
600
28
33
33
18
59
15
28
13
33
18
58
Wd 1.900 22 21
7O0 21 21 4
1,500 59 58
S M
. . . 3.900 206
... 3.900 65 4
. ... 3.9O0 109 107
... 600 16 36
... 1.700 31
500 .120
195
63
30
120
Nor American .. 4.100 98 96
Nor Pac 1.300 87 S
Nova Scotia Steel ....
N Y Air Brake.. 3"0 39 38
N T Central 1,700 98 96
Okla Prod ref... 3.1IH 2 2
Orpheuin 5.300 26 25
Ontario & W
Otis Steel l.rfno 12 10
Pacific Dev .... 200 4 4 44
Pac Gas A Elec 61 0 85 4 85
Pacific Oil 18.700 59 4 58 4
Pan Amn Pet . . . 14.80O. 78 75
do B 2. WO 74 73
Pennsylvania .. I.200 484 48
Penn Sea Steel.. oo 6 4 6
Peoples Gas 3O0 96 95
Pere Marquette 9O0 .".8 37
Philadelphia Co. I.000 4.1 43'j
Phillips Pete ... 3,700 53 52
Pierce Arrow ... 2.400 14 14
Pierce. Oil ...... V.900 7 1
55
84
16
25
98
13
60
32
SO
178
14
85
65
14
34
68
334
39
93
30
89
89
2
114
40
37
1
5
110
15
63
16
58
83
16
19
23
57
45 4
41
41
74
81
26
68
1714
214
138
61
39
56
18
139
180
15
28 4
13 4
33 4
18
58
73
21
214
58
72 4
190
65
109
16
30
120
97
86
34
37
66
24
25
25
12
4
85
59
76
73
48
64
96
37 4
43 4
52
14
1
Foreign Exchange.
Foreign exchange rates at the close of
bU8inesayesterday. furnished by North
western National bai:k of Portland. The
mount quoted Is the equivalent or tne
foreign unit in United Statea funds:
Country Unit. Kate.
ustria, kronen .viunuin
Belgium, lrancs 071700
Bulgaria, leva 000900
zecho-olovakia. Kronen v.iuj
enmark, kroner J'"-""
nglaud, pound stcr.mg. 4.431'ouo
inland, finmarjfc 022700
ranee, francs " 1010
Germany, marks .000..-0
Greece, drachmas .02.1400
Holland, guuaera
Hungary, kronen OW600
Italv, lire 043000
Jugo-Slavia. kronen OO.'9'lO
Norway, kroner 1765O0
PnWnBfll e&cudoa ........... .-. .041
Roumanla, lei OO0400
Serbia. Dinara 014900
Snain. nesetas ................. .K'2
Sweden, kroner 206..O0
Switzerland. franH-s 18100
china-Hongkong, local currency. oi-.o-io
Kltnne-hai. taels 7800IH
Japan, yen 487500
6. Foreign
Britain demand
Lamb Market Is Steadier; Cattle
Easy, With Light Demand;
Receipts Are Small.
Hog prices declined again yesterday
with only drive-ins at the yards. Prices
were 15 to 25 cents lower than Thursday
with prime lights listed at $10.25 to 10.60.
Cattle were no lower than the day be
fore, but the market was weak( on steers
and cows. Choice heifera sold at $5.73.
Lambs were steadier than for several
days past,
Receipts were 26 cattle. 65 calves. 74
bogs and 232 sheep.
me ctay s sales were as lono
Wt. Price.l Wt. Price.
7 steers. .1205 7.25 1 bull 950 3.25
8 steers.. 993 6.001 1 bull 640 3 on
T steers.. 917.5.501 1 bull ... .1050 3 23
lsteer... 590 2.751 lbull.... 580 3 ihi
1 steer...' 8so 4.751 2 buila. . . lolo 3.25
lsteer... 800 4.751 lbull 1130 3.50
lsteer... 820 4.75! lbull 810 3.25
lsteer... 850 4.751 1 stag 960 3.25
lsteer... 970 4.001 Ohogs... 221 10.5(1
5 steers. .1188 5.00152 hogs .. . 162 10. 50
2 steers.. 995 5.181' C hogs. . . 246 10.00
1 steer. . .32110 5.5Ojl0 hogs. . . 398 1U.60
10 steers.. 991 5.751 4 hogs 182 10. 50
19 steers. . 1070 0.5OI 1 hog . . . . 44U 7.00
1 steer. . .1490 5.50i 6 hogs . . . 146 10.50
4 steers.. 920 4.751 2 hogs... 145 10.5O
1 cow 970 3.251 4 hogs... 125 10. Oil
Icon..,. 710 2 .501 8 hogs. . . 221 10 25
Scows... 920 2.75; .3 hugs... 332 10.50
1 cow 750 2 25174 hogs. . . 91 31 8
1 cow 1160 3.01162 hogs. . . 284 10 213
2 cows... 970 4.50! 1 hog 500 7. OO
2 cows... 1075 3.50113 hogs. . . 126 10 25
1 cow 820 3.50 48 hogs. . . 89 1100
1 cow 1100 3.5012 hogs. . . 320 10.25
1 cow 930 3.5oi 3 hogs... ISO 11.25
1 cow 1110 4.011I 2 hogs... 4m0 8 75
2 cows 935 4.511122 tamos. . 82 9.00
2 cows .. .10:15 4.2."n52 iambs . . 70 8.25
9 cows... 934 4.5111 llanib... 70 10.00
2 cows. . .124t 4.00'41 lambs. . 76 8.50
30 heifers. 8S3 5.75:1 10 lambs . 78 ll.oo
3 heifers. 6:13 4.001301 lambs. 80 11.00
2 heifers. 540 3.75' 3 lambs.. 5:! 3.50
3 heifers. 623 3.50;l:! Iambs. . 90 9.25
1 heifer... 850 4. 501303 lambs. Til 10.00
1 heifer.. 880 4.5n 5 ewes... 170 4 110
64 cales.. 317 6.001343 ewes. . 325 5.50
lcalf.... 130 6.50 28 ewes. . . 327 5 no
4 calves.. 347 .Vooi 1 ewe 160 3 50
4calves.. 285 5.0o lewe.... 120 6 ml
lbull 12:10 3.501 ."yearls.. 92 800
lbull 690 3.001 lbuck... 210 3.00
Prices quoted yesterday at the Port
land Union stoevkyarda were as follows:
Cattle
Choice steers $ 7.23r 7 75
Medium to good steers 6 50r 7.25
Fair to medium steers 3.50g 6.30
Common to fair steers 3.75 5 50
Choice heifers 5.2.tff s.i.i
Choice cows and heifers .... 5.00fi 5.50 j
Medium to good cows, heifers 3.50'fie 4.50 1
Common cows 1.50& 2 00 1
Canners .: 1.30 f 2.00
Ttiill. 4.00-Sfl 4.00'
Choice feeders 3 00 5.30
Fair to eood feeder 4.00x' 5.00
Choice dairy calves 9.0O6H0.00
Prime light calves 9 .00 i, 10.00
Medium to light calves 8.00 9 00
Heavv calves 5 OOffl 7.00
Hogs
Prime light 10 25(8 10 60
Smooth heavy, 250300 lbs..
Smooth heavy, 300 lbs
Kough heavy
Fat pigs
Feeder pigs .
Stags, subject to dockage .
Sheen
East-of-mountain lambs . . .
Choice valley Iambs
Medium valley lambs
Common valley lambs
Cull lambs
3.:ght yearlings
Heavy yearlings
Liirht wethers
Heavy. wethers
Ewes
9.50 a 10.00
9.00 ft) 9.50
7.00 'w S.50
10.00'i10.25
10. 00 fi 10 30
5.001 7.00
10.00ft 11.00
9 30 10.'50
8.50 9.30
7.50 8.30
6.50-fr 7.5
8.00'il 8..'.0
7.50'cr 8.00
6.50-ffi 7.50
5.50 6.00
2.00S3) 6 00
YORlt, Oct.
easier. Great
NEW
change
4.41.
Swift & Co. Stocks.
Swlfr & Co. stocks at Chicago as re
ported by Overbeck & Cooke company of
Portland: 1
Swift 108 Yl
Iibby, new
National Leather
Swift International - -id
Standard Oil MocUh.
Standard Oil stocks furnished by tl
Buckeye
Cheesebrough . .
do pfd
Continental ....
Ciescent
Cumberland . . .
Eureka
Galena com
do Old pfd...
do New pfd..
Illinois Pipe . . .
Indiana Fine . .
Northern Pipe .
Ohio Oil
Inter 1 Pete
Penn Mex
Prairie Pipe ...
Solar Ref
Southern Pipe .
fouth Penn Oil
S. W. Penn Oil
S. O. Ind
do Kansas . . .
do Kentucky
do N. Y.
do Ohio
do pfd
Swan & Finch .
Vacuum
S. O. Nebraska ;
Imperial Oil
Bid. Asked.
tl 98
110 1 1 r.
147 ir.i
;to ;j7
1 ro 1 60
9"' ?I
1 08 HI
105 lOtf
3 72 IT.
97 98
110 1 v.
32-" 3:10
:0 35
275 278
;'-75 385
97 9!
20 225
HO 65
132 ...
ftlO 620
lift 117
eno 650
M0 550
119 120
30 32
595 05
210 220
120 122
Mining Stocks at Boston.
Mining stock quotations at Boston,
nished by the Overbeck & Cooke
pany of Portland;
Arizona Com
Algomah
Allouez
Arcadian
Bingham Alines ....
Cai & Arizona
Calumet & Hecla .
New Corn
Centennial
Copper Range
Davis Daily
Franklin Mining- ..
Hancock
Helvetia
Keweenaw
Lake Copper
La Salle
Mohawk
Mason Valley
North Butte - .
Nipisslng
North Lake
Old, Dominion com.
Opcaoia Mining: ....
Wuincy Mining ....
Isle Royal
South Lake
Superior Copper ...
Trinity Copper . . .
Tuo'umne
Utah Con
U S Mining
do pfd
7Ttah Apex
Victoria
Winona
Wolverine
Wyandot
, fur
corn-
Bid. Asked.
.. 8 814
. . 5 10
..24 25
.. 2 2
.. 17 IS
. . R9 60
. .285 90
. . 181,4 19
.. 10
.. 39 40
v 4 4
. . 1 2
.. 2 2
.. 1 1
.. 2 2
. . 3 4
1 t
. . 59 61
1 S
.. 10 31
.. 5 6
. . ? 35
..S3 24
..32 33
.. 34 41
.. 22 24
.. 44 45
4 ,4
1 1
60 60
3 3
.. 43 43
, . 48. 49
.. 2 IK
1 1
. . 1 1
,. 10 11
.50 60
Bank of Germany Statement.
BERLIN. Oct. 6. The statement of
the Imperial Bank of Germany as of
September 30 shows the following
changes:
Marks.
Total coin and bullion in
creased 978,000
Gold notes decreased 2,000
Treasury and loan associa
tions increased 0,465,045,000
Notes of other banks de
creased 52,928. ,000
Bill of exchange ana cnectc
Chicago Livestock Market.
CHICAGO. Oct. 6. (United States de-
p.i rtnient of Agriculture. ) Cattle Re
ceipts. 5500; -slow; native beef steer;?,
comparatively scarce, large proportion of
run being western grassers, quality plain,
best native beef steers early, $11 in load
lou. one bullock at $ 12.2a; bulk, native
btef steers of quality and condition to
sell at $7.509.75; she stock and bulif,
steady to weak; veal calves unevenly
lower; stockers and feeders largely 25c
off; bulk desirable bologna bulls. $41
4.15; bidding $10(& 10.50 on desirable veal
calves: few selections. $11 to outsiders.
Hogs Receipt. 15.000; market slow,
steady to. unevenly higher; bulk 170 to
250-pound average. $9.70 10.50 paid ;
good and choice 275 to 310-pound butch
ers, mostly $9.40-&9.60; bulk packing
sows, $7.50-'8; pigs around $9; big pack
ers holding back, talking lower; heavv,
$8.70i?.0; medium. $9.70 10; light.
$9.359.85; light light. JW.lOtfi 9.50: pack
ing sows, smooth. $7.5018.25 ; pack in k
sows, rough. $77.60; killing pigs, $8.50
9.25
Sheep Receipts, 12.000; opened slow.
fat lambs, steady; eariy top natives
packers, $13.10; native quality, plain, six
cars choice Idaho lambs, $14.35. with $6
out : feeders dull, no early sales; few
early sales sheep around steady; receipts
include about j.;h direct to packer. t
Building for profit
npHE economic purpose of any building, tersely
stated, is to produce profits from, the ground
upon which it is built. It is a machine of bricks,
pipes and steel, erected to make the ground work,
not only now, but in the future with all its changing
conditions. 1
Burdening a lot with too costly a building is as
disastrous as trying to run a business with all the
capital tied up in fixtures and none for merchandise
and accounts. Skill and experience are required to
successfully analyze a property and to convert it from
a tax eating dead loss to a profitably developed
property.
Our service takes the raw land, liquidates its froren
capital by sale, if feasible, or it makes that capital
productive through improvements. It finances the
improvement; plans and supervises the construction;
operates the buildings and invests the net proceeds,
as the agent or trustee of the owner.
This service appeals to prudent owners, who, busy
with other affairs, know that their property invest
ments have the best chances for success when cared
for by an experienced organization, completely
equipped.
Strong
w
& MacNaughton
CORBETT BUILDING
PORTLAND, OREGON
Investment and Property Afan
agers for Estates and Individuals
$t0to.5O;
4.5t 0.25;
head.
yearl i nics. $7 8 ; f t ewes,
breeding ewes, 9tr 12 per
SAN RACISCO PKOUtC'E MARKET.
Fresh
dl-
Kanttas City Livestock Market.
KANSAS CITY, Mo.. Oct. 6. (United
States Department of Agriculture.
Cattle, 0oo; canners ajjd calves, steady;
canners. $2.50g; 2.60 ; best vealers, mostly
$L.5Ot0UO; beef steers and fat she stock.
weaK, with yesterday s lower time; one
prime load 1604 -pound steers, $ 12.3."
bulk cows, $3.50(4.50; few around $5.50;
many heifers, $4.25 4. 50: all other
classes slow to about steady, with un
dertone weak; most cutters, $3&'3.
bulk bulls. $3.25 3 50.
Hogs 6000. mostly steady; light lights
10c lower; later sates orr more; ship
per top. $9. .-.-; packer top, $9.45: bulk
sales, $3.75 9.50; packing sows. 10 15c
higher; mostly $7.25& 7.60 ; stock pigs
steady to 15c lower; mostly 8.wCa9.
Sheep 4000, no fat western lambs of
fered; natives around 25c lower; best
$12.50; odd lots sheep steady ; Idaho
feeding Iambs. $13.
Omaha LJvestock-3Iarket.
OMAHA, Oct. 6. (United States De
partment of Agriculture.) Hogs. 300,
tairly active: mostly 10c higher; bulk
packing grades, $7.257.75; bulk 200 to
300-pound butchers, $8.2509.50; top,
$9.60.
Cattle 70O. all classes generally
steady; trade slow; choice corn-fed year
line top. $11.40.
Sheep 13,ooo, lam os steady to sac
lower; top westerns, $13.50; natives, $13
down ; sheep and feeders steady : bulk
ewes, $5.505.75; top. $5.85; feeding
iambs mostly $12.5013.40; top, $13.50.
increased
Discount and treasury
increased
Advances increased ...
Investments increased
Other assets increased
Xotes in circulation
creased
Deposits increased ...
Other liabilities increased
Total gold holdings
7,127,200,000
bills
61,114.930.000
.... 20,4K0.OfH
.... 69,872,000
4,212,783,000
in-
26.195.152.000
.38.319.638.000
. 2.56.9rt5.0(0
. 1,004,656.000
So gar Market.
NEW TORK. Oct. . Raw sugar, cen
trifugal, 5 28c; refined fine granulated,
6.25c to 6.60c.
SAX FTtANCTSCO,
Hawaiian raw rugar.
Oct. I
3.2Sc
Ufornia-
San Francisco Livestock Market.
SAN FRANCISCO. Oct. 6. (Federal-
State Livestock. - Market News. ) -Cattle,
market strong and active. Beef steers,
good grade, $7.758; medium grade, $7fc
.50; common graae. oo.tu; oeei cow.
e-ood tirade. So. 1 5p6; medium grade,
$5.25 (& 5.50 ; common grade, $4 5 ; can
ners and cutters, i.ou; noiogna ouus.
S2.504&14.
Calves AiarKet weaa; values oareiy
steady : 150 200-pound good choice.
$8.50 9 ; 200 & 250 pounds. good and
choice, $7.50. S.50 ; 250r300 pounds,
good and choice, $6.50&7.ou; 300 pounds,
$5.506.50.
Hogs AiarKei strong to nigner; gooa
and choice grain-fed Californias, 150p
2u0 pounds, $1111.50; 2O0&250 pounds,
$10.50&11; 250 300 pounds. $9.50&
10. 60 ; over 3 i0 pou nds. $8. 50 ' 9. 50 ;
smooth, sows, 250 300 pounds, $7t&7.50;
rough sows, 250 'j? 3"i pounds, $6 & 0.50;
over 300 pounds, $56.
Sheep and lambs, market strong to
higher; lambs, good and choice grades.
$1 2a 12.60; medium grade. fll.uOfc 12;
ewes, medium and good. $56; wethers,
medium and good, $7 8.50.
Seattle livestock Market.
SEATTLE, Oct. 6. Cattle Steady; re
ceipts, 30; prices unchanged.
Hogs steady; receipts, o-; prices un
changed.
Paaeo livestock Market.
PASCO UNION STOCK YARDS, Oct.
5. Cattle receipts continue liberal with
stocker buyers taking all offerings daily.
Demand for young cattle is extra good
and prices are advancing on this class of
stuff. The hog market is thought to be
steady with, not enough to fully test
the market. The most urgent demand is
for light feeders. Sheep continue strong,
moving easily to packers and feeders
alike. Prices on ail classes remain the
same as last week. A good run of fat
sheep, wethers and lambs is expected
Monday.
Cattle Quotations Receipts. 207 ;
p. line steers, good diversions, $7.257.75;
good to choice, $tf.50fi7.25; fair to good.
$5.5o6; choice feeder steers, $5.25
$5.5U; fair to good. $5 5.25; choice cows;
and heifers. $4.60g5; stocker cows, 1
$3.50 4; choice veal. $7 7. 50. !
Hog Quotations Reoeipts. JOS : prime
light. $104rll; smooth heavies. $91?9.5;
routrh heavies, $H$J9; feeder pigs,
$10S 10.50.
Sheep Quotations Rcipts, 1871;
prime lambs, $i0.50iall; good to choice.
Prices Current on Vegetables,
Fruits. Fte., at Bay City.
SAN FRANCISCO, Oct. 6 M
vision of market.) Poultry Fr ers. a
32c; boilers. 2'f?40c: young roosters,
2:630c; old. 1418c; hens. l32c;
ducks. 18 20c: live turkeys. 32 u ac ;
dressed, nominal; hares, pound, 10
18c: squabs, dozen. 3fc3 50, Jack rab
bits, dozen, $2if2.50.
Fruit Apples, box, $lfi2; new green
apps. ug box. 75c $1.25; ifocaloi,
$3. 3.50; blackberries, drawer. 25 & 4ic ;
canteloupes, standard crate. 50c tl 5o;
figs, double-layer box. $I'gl.40; grip.,
crate, 75c1.25; grapefruit. $7 5tu,
huckleberries, pound. 20' 23c; lemons,
$6. 5u 9; loganberries. nominal ; nec
tarines, crate, $1 g 1.25; oranges, valen
cies, $6 1 1 ; peaches, crate. 65c&$t ;
pears. Bartlett. hx.x. $1.501 2 50; per
simmons, flat crte, $1.252 ; fi-noun
melons, crate, $50c$l; plums, crate.
75c t $ 1.25 ; pomes ra nates, small box. $ 1
6 1.25; raspberries. drawer. 40C 00c;
strawberries, drawer, 45?60c; quinct-s,
boxes, $11.50; watermelons, pound, lc
and less.
Vegetables Artichokes. lug. $124T 15:
beans, pound. 8Q15c; cabbages, pound,
2c; cauliflower, dozen, 75cl; carrois,
sack, $1S1.25; ceJry, crate, $2 50 43.50;
cucumbers, lug, 75er$l 25; egyplsnt.
lug. Mc tu $1; lettuce, crate, $1.502;
green corn, sack, il.753; beets, suck.
$11.25; onions, brown and yellow. ct.,
95o$1.15 at wharf: green, box. $1 25ir
1.50; peas, pound. 7'15c; bell peppers,
lug. 60pS5e; potatoes, cwt., $1 loru 2.25;
sweer. pound. 2l-4i2wc; rhubarb, box.
$1.501.75; summer squash, lug. $1.5otr
2; spinach, pound, 5ft Tr; oroitoes, lug.
75c$$1.25; turnips, sacks, 75c$l; pars
ley, dozen buncnei. .wc only; radishes.
dozen bunches. .lOc only; .Brussels
sprouts, pound, til-CTc.
Receipts r lour, 1 l(K quarter sacks;
Wheat, 2400 centals; barley. 3225 rentals;
potatoes, 2H10 sacks; hides, 39o:t ; lem
ons ana oranges, woo Doxes; livestock.
175 head.
FOREIGN RESERVES LOW
KUIOI'KW YHi:.T Iil' V Kits
OVI HSTW M.MlkKT.
QUOTATIONS ON DAIRY PRODUCTS.
Coast and pastern Markets for Butter,
Cheese and Eggs.
SAN FRANCIO. Oct. . (United
rates Bureau Agricultural Economics.
Butter h-xtras, r c; firsts. 4o.
Eggs Extras, 60 1 c; extra pullets,
401.3c; undersized No. 1, 20c.
Cheese California f!at fancy, 2614c
6. Butter, strong:
1 extras, 4.fir4tk.
refrigerator firsts,
Indications of Stronger Position
Also In Oonirsile ;raln Situa
tion: Milling Trade (mhJ.
Th weekly wheat review of Logan
Bryan of Chicago rrWved by wlr
- Overnrk V Cowke company of this
city, follows:
Ordinary supplr and rtmamnd rendi
tions agiiin pr dominated following
period of trnulttrtt v rt,d by t he
foreign political disruption That th
market' was In a strotis portion
plainly evident In th fact that prtrs
did not dclln coincident wnh Indica
tion of an amtrs.hle w'ttlenn-nt of the
Turco- Brit ish difficult ).
At this writing the traffic situation
in lh eaat la paramount and a!lhuh
the rong"tion was firat ai-rptd mm m
b"Ttph influ"nc braus t h grain
would bark up at Interior markets, tt is
now proving t h r-vr. bavins stim
ulated an urgent forisn dnoand for
whout for pro in pt shipment Kuropan
buyra apparently hat ovr( ayd t hir
11 1 h rk-t and. u re now btomin inilui
over immediate nuppli-a, as w-ll as the
rplniahmnt of rarv which wrs
Ktlowi to g-H down to I ha trrduribU
minimum.
Th developments of h psat wK
confirm our theory, ventured recent Jr.
t'lat invisible supplies n t h l'nit-d
Kingdom and on I hi continent are down
to a point that will mn abnormal Im
port req U ire me nt a with, of course. th
usual proviso that arrangements can ba
in mle. to finance pur.'hsas.
The present at re n art h In the dometle
situation is largely the reult of having:
allowed reserves to get down to a low
pcint. as evidenced by t h disa ppearanf I
of wheat from terminals In th- face of
I hern I receipts and a poor etern out
let. Minneapolis reports ml I la operating
nesrer capacity than any lime In the;
Inst six years. No. 2 wh-at In '"hirHf, j
rls In wold odV at tn
4erntr roinpared t h &
m I u rti a w- k ii
( 'nderabt bgm'l has I
tn hrd whet f.r ir1
the Uteat baaia b-'t.sj 1 7
f htf-j I irmbr, or t h ll - h
UllUIII vn lbs rrop
fh
f h Iras Market.
A . t , p.. i , a'-:
. t mrml total t o.'- ft a "
lUt. tt'i-.-ai hu a I
7.1 )- rt ; lrtn''a ''".
No. I. t' Wll "t pari.B'a1-l.
rwt : Wmnaafa bo. a W'l "i
run
receipt
ah pmen
wh tei
M h ' e
iha 7.i''l''
Red KiVer ht.
I ako(a, hu ', m h t
Iakoia Ited K'vei
Nouih Pahuta, bu t
t nr.
HUr f
aval at
tV 4 t4 . S-T.f
firm; tll. -" """I
ah tmnt. 2. at-, ii
I'.ns.ii. f .f m . ! - f'r'f
hipmerta. . T .'
H 1 1, IC HO I' . I . .
$., aa, wo. i. ww t
t1nn pw4 HI MrVt.
Cotton a! n.i futs- " N
f itnib"d by Jnrdo-Wnit"'
Portland :
i ,-L.br. V V-f tl 1.9
ft ft, K-taruar. ?? - '
a .! Simv A.ni.
..7 1. Tll mm . V.
$20,000 DECREE UPHELD
I'arrnia i larrl l(rnnttl fr
NrjrlJirr'nrr of Minor.
Of. V M PI A, Wash , Ort f After
holding- the parents reaponbe fr
the negligent e of their Miin'-r .
the s.iprem rmir I to'UV a u at a tn i
A verdict of J " dnia tetxiered
hy Mry I" h aupenor court ef
Spokane rou nt y iga in at Henms n
burfelt ind wile.
Ths a-tion wi" hrowghi hv I.liMsn
Allison, administrator f th estate
of her huKhsnd. Andiey Al"n. h
ass kllle'1 by the lUriett automnhlia
while tt wmm occupied hy uwn lr
t.It nr-.'f three e.her
NEW YORK, Oct.
creamery, higher tha
Kgrs lrreguuar;
29 St :wc.
Cheese Firm.
CHTCAGO. Oct. . Butter Higher.
Creamery extras. 4-'lc; firsts. 3."-7n7c: ex
tra firsts. Sft'aUHc; seconds, SJl1ij34c;
standards, .i'c.
Kggs Higher Receipts. .T130 cs !!
firms. 31 n 3."c; ordinary first". 'I'Sdi L'Hc
miscellaneous. 2b fy'MW, refrigerator
firsts, lio&i'bc.
Metal Market.
NEW YORK, Oct. 8 Copper, dl
lectrolytic, spot and futures, 14c.
Ivead Firm; spot. H..oc.
Zinc Firm ; tast St. Louis spot a
nearby delivery, o.65iiitt.70c.
NEW YORK, Oct. 6. The American
Smelting & Refining company today ad
vanced the price of lead from 6 J5c to
6.00c per pound.
I Med Fruit at New York.
NEW YORK, Oct. 6. Evaporated ap
ples, nominal. Prunes, steadier. Reaches.
quiet.
NORTHWESTERN
ELECTRIC
f0 Prefered Stock
at 98
($2 below company's price)
Phone Bdwy. 7676
1205 Wilcox Bldg.
Safeguard Your Investment
in Real Estate
A TITLE INSURANCE POLICY
frees the owner of real estate or
lender of money of all worry or
possible loss if, because of unpaid
liens, unsatisfied mortirasres, un
known heirs or natural human er
rors, the title to the property proves
defective.
Our Title Insurance Policy saves
the worry and the expense of de
fending the title against attack.
If tha title is attacked we defend the
suit at our own expense. No matter what
the outcome, the owner hat incurred r.o
financial loss for costs and attorney fee.
He is free from the worry of long and
expensive law suits.
Under a Title Insurance Foliry we take
the risk. You are safe.
Consult u and be safe.
Title and Trust
9izk coMFAirr
TIT1X AND TRUST BUILDINO - PORTLAND
t3
'A