Morning Oregonian. (Portland, Or.) 1861-1937, November 01, 1922, Page 28, Image 28

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    28
TIIE MORNING OREGONIAN, WEDNESDAY, NOVEMBER 1, 1923
NEW OREGON IPS
MOVE OUT STEADILY
About 10,000 Bales Have
Been Sold to Date.
REJECTIONS REPLACED
liufK or Sales Are at 10 to 10 &
Cents; Only Limited Demand
for Poorer Grades.
There is a lairly good movement in the
Oregon hop market with prices holding
at the same ransre as for the past two
weeks. The volume of business done
to date has been, better than was ex
pected and prices have ruled quite
steady.
The demand is mainly for the best
Bra dea for which buyers are paying 10
11 cfnts. with the bulk of the trading
at lOig.-lOVs cents. A strictly choice lot
of i00 bales, one of the finest grown
in the state, was sold at V2 cents, but
this does not represent an advance in
the general market. Poorer grades
moved in a email way at 7 to 0 cents.
A considerable part of the buying has
been to replace contract lots rejected on
account of poor quality. This has tended
to reduce materially the supply of the
1etter grades, while at the same time
the poorer ones have been thrown back
on the market.
A few orders representing new busi
ness have come from eastern and middle
Wfetfrn brewers, but no new foreign
trade has developed. There was a limited
amount of buying of olds at 5 cents.
On the whole dealers can see nothing
tn encourage the hope of higher prices.
They believe, rather, that the market
will go along at present values through
the winter. Between 8000 and 10.000
bales of the crop have been bought
since September 1 and some -0,000 bales
ttill remain to be told.
tie weakness in the middle of the week,
are closing on a firmer basis. Higher
prices are generally being paid for but
terfat throughout the producing sections.
Not enough care and attention are being
given to the quality of cream delivered
to creameries, resulting in a considerable
proportion of butter reaching the mar
ket that will not grade as high as it
should. Better care and more frequent
deliveries of cream will enable manu
facturers to produc more top grade
butter, and would Rave a tendency to
raise the price of butterfat.
Production of eggs is at a low ebb and
pEic-i.for fine stock have advanced dur
ing tfte week Th-e is still a surplus of
storage eggs to bi marketed and with
drawals have not been quite as heavy as
expected. A continued increased con
sumption of gga everywhere is neces
sary to clear present stocks satisfactorily.
Wheat Exports Lighter.
Wheat exports in September of this
acr last year compared as follows, ac
cording to government figures:
Spnt.. 1022 Sent.. 3921.
3,671,273 5.357,012
9,607,6:15 18,600,342
4,378,527 224,070
11,129,748 3,712,635
25.VtS6.607 30,841. 0S6
1,300,530 1.801,805
first nine
Barley, bushels
Corn, bushels
Oats, bushels .
Rye, bushels ..
Wheat, bushels
Vlmir. barrels
The comparison for the
months of the year follows:
1022.
Barley, bushels .. 13.1S5.553
Corn, bushels 141,206.83
Oats, bushels 24.036,06!)
Rye, bushels 35.868.546
Wheat, bushels. . .126.1 20, !63
Flour, barrels 1O.45S.370
1021.
20,410.676
104,072.806
2,474.201
25,101.887
237,444,030
12,084.000
PORTLAND W HEAT BIDS RAISED
Market Averages Two Cents Higher in
Spite of Declines Elsewhere.
Although the eastern rheat market
wan lower yesterday and Liverpool "was
al.o weak, buyers at the Merchants'
Exchange lifted their bids on an aver
age of 2 cents. Western white was un
changed, but the other grades for No
vember and December delivery were up
1 to 3 cents.
The coarse grain market was steady.
Persistent scattered selling induced &
material decline In prices at Liverpool
and by apparent lulls in export demand
had a bearish effect on the Chicago
wheat market. The closing was heavy,
8' 1 Vie net lower. With Liverpool
wheat quotations finishing as much as
2 pence lower in some cases and with,
an increase of more than 7,000,000 bush
els reported on the world's available
supply, total, the buying side of the
market seemed to be at a disadvantage.
Rains over a good part of the domestic
winter crop belt, the southwest in par
ticular, counted as a further bearish in
fluence. Besides, primary receipts wer
in excess of the figures last week and
last year. Efforts to develop rallying
power in the market proved of little ef
fect. The Chicago wire to the Gray-Rosen-I'aum
Grain company follows:
bnarp break Liverpool Inspired ag
gressive selling and in absence any sub
stantial Eupport, mnrket showed weak.
' However, cash premiums unaffected and
demand fair while short interest cut
down somewhat. Do not anticipate
much decline. Spring wheat movement
promises to decrease. Ughtness European
stocks suggests continued expert de
mand." The Liverpool cio?e was lU-il lower
at 0s 7Vjd for December, Pd for
March and On CUd for J!ay.
Broomhall cabled: "Wheat in the
United Kingdom remains steady to firm
with no pressure of Manitobas and win
ters on the market. Buyers do not ap
pear willing to pay up- Only moderatu
transactions in corn are being recorded.
Demand not very active. Shippers ap
pear anxious to reduce prices to effect
sales. Argentina There appeared, to be
a better foreign demand for wheat and
the locals covered in sympathy with the
strength in the United Kingdom mar
kets." Terminal loceipts In cars were re
ported by the Merchants Exchange as
To Hows:
Portland
Tuesday . .
Year ago .
Season to dat
Bumper American Pea Pack.
All existing records have been broken
by the 1022 American pea pack, accord
ing to statistics just furnished the de
partment of commerce by the National
Canners' association. A total pacK oi
13,042,000 cases of peas was put up by
American canners during the season just
closed, practically double the pre-war
average. With the failure of the French
pea crops and a pack of petits pois far
below normal, there is every indication
that foreign markets' will absorb a big
percentage of the large American pack.
especially of the fancy grades.
Cube Butter Market Steady.
The cube butter market was steady.
Demand from California oontmuea ana
but little surplus was left on hand.
Fresh eggs were in small supply and
firm. A fair movement in storage eggs
was reported at various prices.
Poultry receipts -were liberal, but
moved out well at steady quotations.
The veal market is still in a bad way
Cigarette Prices Decline.
Declines of 40 to 60 cents a thousand
in several brands of cigarettes were an
nounced by wholesalers yesterday.
Bank Clearings.
Bank clearings of the northwestern
cities yesterday were as follows:
Clearings. Balances.
Portland $5,250,666 $ 726,743
Seattle 5.248,701 1,3(10,768
Spokane 1,457,850 400,516
Tacoma transact'ns 2,526,000
Bank clearings of Portland for Octo
ber oi tnts and former years were:
1022 .
1021.
1020 .
1010.
1018.
$172,780,0631101'
153.774,!)011016
180,838,780 1015
181,477,70711014....
165,926, 798(1913....
111(12
$108,442,051
Tit,6l)5,0!t3
50,007,407
53,715,228
63.72., 560
58,087,012
long wool, SI 1.50 each: salted pelts,
short wool, 75c $1.25 each; salted
shearlings, 10 25c; salted goats, long
hair, $1 2 ; salted goats, short hair,
50c $1 ; dry goats, long hair, per lb.,
15c; dry goats, short hair, each 25 50c;
goat shearlings, each 1020c.
TALLOW No. 1, 55rac; No. 2,
5c per pound; grease, 34c per pound.
CASCARA BARK New peel, 7c per
pound ; old peel, 8c per pound.
OREGON GRAPE Grape root, 7c per
pound.
HOPS 1922 crop, 7llc per poupd.
WOOL Valley wool, fine and half-
biood, 3035c; three-eighths blood, 30
32c; quarter blood. 25g?27c; low quarter
and braid. 20(!22c; matted, 16f(il8c.
MOHAIR Long staple, 32c delivered
Portland; short staple. 27c; burry, 22c
per pound.
Lumber.
The following are direct quotations
on Douglas fir and represent approxi
mately prevailing f. o. b. mill priceB in
car lots and are based on orders that
have been negotiated:
Prevailing
High. Low. Price.
..$52.00 $49.00 $40.00
43.00 41.00 43.00
. . 39.00
.. 42.00
and better
58.00
37.00
41.00
3S.00
41.00
3S.00
Flooring
1x4 No. 2VG ...
1x4 No SVG. ..
1x4 No. 2 & B, SG
1x6 No. 2 & B, SG
finish No.
IxS 10-inch
Casing and base
Ceiling
x4 No.2&B
3 x4 No. 2 & B
Drop siding
1x6 No. 2&B ...
1x6 No. 3
Boards and. SL No. 1
lxS-10-inch SIS 20.50
lxl2-inch 20.00
Dimension No. 1 S & E
2x4 12-14 20.00 17.50 18.50
Planks and small timbers
4x4 12-16 S 4 S 22.50 1S.50
3x10-12 12-16 S4S ..21.00
Timbers 32 feet and under-?
6x6 8x10 S 4 S 21.00 0.00
Lath
Fir 4.50 4.00 .....
. . .65.00
30.00
40.00
41.00
37.50
56.00
63.00
36.00
38.00
40.00
36.50
16.50
17.00
SAN FRANCISCO PRODUCE MARKET
Prices Current on Vegetables, Fresh
Fruits, Etc., at Bay City.
SAN FRANCISCO, Oct. 31. (State Di
vision of Markets.). -Fryers, 2830c;
broilers, 2844c; young roosters, 28 30c;
old. 14$) 18c; hens, IK 29c; ducks, 18
20c; live turkeys, 3040c; dressed, 35
45c; hares, pound, 1518c; squabs, doz
en, $3t.i'3.50; Jackrabbits. dozen, $2 2.50.
FRUIT Apples, box, $12.25; black
berries, drawer, 60 65c; canteloupes,
nominal; figs, black double layer box,
$1.50 1.75; grapes, crate, $1.25 g) 1.75 ;
grape fruit, $66.50; huckleberries, 25c
only; lemons, $6.50&9; oranges, Valen
cias, $610.50; peaches, crate, 65 90c;
pears, Bart let t, box, $1.50 2.75; persim
mons, flat crate, $1 1.50: Persian mel
ons, crate, 75c (g) $1.25; plums, crate, $1.50
(&I2.25; pomegranates, small box, $1
1.25; raspberries, drawer, 6590c; straw
berries, drawer, 75c $1; quinces, box,
75c &$ 1.50.
VEGETABLES. Artichokes, lug, $13
15; beans, pound, 8g14c; cabbages, dozen,
75c $1; cauliflower, dozen, $1 1.50;
carrois, sack, $11.25; celery, crate, $20
2.50; cucumbers, lug, $1.252; eggplant,
lug, 65 75c; lettuce, crate, $1.25 2;
beets, sack, $1 1.25; onions, brown and
yellow, cwt., $1.501.75 at wharf; green,
box, $1.501. 75; peas, pound, 713c; bell
peppers, lug, 7uc$l ; potatoes, cwt.,
5ii2; sweet, pound, 12'4c; rhubarb,
box. $1.252; summer squash, lug, $1.73
(fit 2.25; spinach, pound, 58c; tomatoes,
lug. $1.25 1.75 ; turnips, sack, 75c $1 ;
Brussels sprouts, pound, 7 8c; gar
lic, pound, 3 k 5c; pumpkins and
squash, sack, $1.251. 75.
Receipt!? Flour, 20,940 quarter; sacks;
wheat, 4100 centals; barley, 75,106 cent
als; corn, 1858 sacks; potatoes, 1987
sacks; hay, 20 tons; hides, 1412; live
stock, 50 head.
HE 01 GRAIN
SLUMP 1 CHICAGO
Liquidation by Longs Factor
Much in Evidence;
LIVERPOOL WHEAT WEAK
Prospects ot Increased Movement
of Corn Depresses Fu
tures Market.
Oats No. 2 white, 4314c; No. 3 -whit.
41 43c.
Clover seed $15.5020.50.
Rre No. 2. 8282c.
Pork Nominal.
Lard S10.45.
Ribs ?U12. '
Cash Grain Market.
Furnished by Jordan-Wentworth. &
Co., Portland:
OMAHA, Oct. 31. Wheat No. 1 hard,
$1.131.14; No. 2 hard. $1.131.14.
Corn No. 2 white, 6667c; No. 2
yellow. 6716c; No. 2 mixed, 0U Vi 67 i4 c.
Oats No. 3 white, 4114c.
KANSAS CITY, Oct. 31. Wheat No.
1 hard, $1.151.19; No. 2 hard, $1.14
l.llt.
Cora No. 2 mixed, 717J.14c; No. 2
yellow, 7214 73c
ST. LOUIS. Oct. 31. Wheat No. 2
'hard. U.17.
Corn No. 2 mixed, 077014c; No.
2 yellow, 7H4c; No. 2 white, 70o.
Oats No. 2 white, 43 44c.
WINNIPEG. Oct. 31. Wheat No. 2
northern, $1.02; No. 3 northern, $1.00.
DULUTH, Oct. 31. Flax $3.51.
LAMBS QUARTER HIGHER
ALIi CLASSES ADVAXCB
LOCAL STOCKYARDS.
AT
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants' Exchange, noon session:
November. December.
Wheat Bid. Ask. Bid. Ask.
Bluestem, Baart ..(1.30 1.80
Soft white 1.18 1.22 4.18 1.22
Western white 1.17 1.21 1.16 1.21
Hard winter 1.15 1.17 1.15 1.1G
Nor. spring 1.15 1.15
Western red 1.10 1.14 1.10 1.14
uats
-.35
38-Ib. naturals
Barley
44 minimum .
40 minimum .
Corn
E Y shipment
Millrun
...33.25
. ..32.50
S.50 35.25 3G.30
32.50
..33.25 34.00 31.50 32.50
. .28.50 20.00 SI. 00
FLOUR Family patents, $7.20 per
barrel; .whole wheat, $0.40; graham,
$0.20; bakers' hard wheat, $6.70; bakers'
b'.uestem patents, $6.00 ; valley bakers',
$0.10.
11ILLFEED Price f. o. b. mill: Mill
run, ton lots, $31; middlings, $43; rolled
barley. $3041; rolled oats, $44; scratch
feed, $44 per ton.
CURN White, $:J0; cracked, $41 ptr
ton.
HAY Buying- price, f. o. b.. Portland:
Aifalfa, $1S.5019 per ton; cheat, $18. oO
(si 10; oats and vetch, $21; clover, $10;
valley timothy, $21; eastern Oregon tim
othy, $2122.
"tt lit. By. Fir. Crn. Ots. Hy.
" 2:t :; i i . f .
12. ' 7 5 -1 K
n.oot LMt4 7,r,r, 2nr, 312 C44
-.15,140 114 Him; ITS 42S 66 1
. 0 1
11 3S4 41
7 020 SO
0 1
Year aeo
Tncnma-
londay :i2
Year ago 57
Season to .date 2.N3;j
Year apo 5,2;:;
Seattle
Monday ;',2
Year ago :n;
Season to date ",XI5 S Os.i 4;ii 211
Year ago :uns 10;t 000 3S1 208
AI'PLES STEADY IN LOCAL TRADE
Friers Ruling on Northwestern Fruit in
New York Market,
The local apple market continued quiet
with prices steady. The country reported
few sales. Yakima quoted extra fancy
WInesaps, medium to large, at $1.65;
jauci at 51. 4U. ana choice at $1.15, Wen
atehee quoted Delicious; extra fancy,
lareg to very large. at $2.25 2.50,
mou at and medium to large at
The New York market is steadv at th,
following ranSe to jobbers on northwest
ern boxed applee: Jonathans, extra
iancy, medium to large, best, $2.25
- -.do, small to very
aiiirtu, iancy medium to large,
$1.751.85; small to very small. $1.50(3
$1.00. Delicious, extra fancy,, medium to
iarSe, o(B-d.o0; few high as S3.7;
small, $2.75& 3; fancy, large to very large,
$2.252.75; few, $3; small to medium,
v-.-u, luiiimiHi, meoium to large, $2
Oman 10 very small, $1.501.75.
winter Bananas, extra fancy, medium to
large, $2.753; small to very small, $2
2.5U; fancy, all sizes. $1.752.25; com
mon, all sizes, $1.50 2. Spitzenbures
c-xira lunuy, medium
Butter and Country Produce.
BUTTER Cubes, extras. 4445c lb
prints, parchment wrapped, box lots, 48c;.
cartons. 40c. Butterfat, 48c, delivered
Portland station; buying price, A grade.
45c.
EGGS Buying price: Current receipts.
pullets, 40c; standard size, graded, 48c;
henneries, olilto2c dozen. Jobbing prices:
Front street, candled ranch, 5253c; se
lects, 54 ($ 55c ; association selects. 55c ;
CHEEjsE Tillamook triplets, price to
jobbers, f. o. b. Tillamook. 30c; Young
Americas, 31c; longhorns, 31c pound.
POULTRY Hens. 13(u;23c lb.; sprines.
1 8 20c ; ducks, 1 5 2.'c ; geese, 15 $ 20c ;
turkeys, live, 30 31c; dressed, choice
40c.
VEAL Fancy, 3 2c per pound.
PORK Fancy, 15c per pound
Fruits and Vegetables.
Local jobbing quotations: -FRUITd
Oranges, Valencia, $510
per box; lemons, $10g.ii,oU per" box:
grapefruit, $5&7 per box; bananas, 10
11c lb.; peaches, 75(&$l per box; casabas,
3f4c lb.; pears, $1.25p2; grapes; $2(&
2.50 per box; apples, $1. 2.75 per box;
cranberries, $5i&5.50 per box; huckleber
ries, 1 o(fi ntr pound ; persimmons,
$2.252.50 per box.
POTATOES Oregon. 90cL25 per
sack; Yakima, $1. 15(g)!. 40 per sack;
sweet potatoes, 3t-4c per lb.
ONIONS -Oregon. $1.7u(&2 per sack.
VEGETABLES Cabbage, 1&1 fee per
pcund; lettuce, $1.50(2 per crate; garlic,
12 20c lb.; green peppers, 57c per lb.;
tomatoes, 75c $2 per box; cucumbers.
35i.ij0e- per box; eggplant, Si&lOc per
lb. ; Hubbard squash, 2 (312 fee per lb. ;
beets, $1.75 per sack; turnips, $1.50 per
sack; cauliflower, Slota-l.t( doz .; eel
ery, 75c&$1.10 dozen; pumpkins, 22Hc
pound ; spinach, boc per box; carrots.
$1.25 per sack.
HEAVY COTTON SELLING ABSORBED
New York Market Closes Steady, In
changed to 3 Points Fp.
(By Chicago Tribune Leased Wire.)
N1SW YORK, Oct. 31. The cotton mar
ket was again called upon to absorb
heavy, long selling and new offerings
from local bears today, and although
noiair.g up wen m tne first hour with
net gain of about 15 to 21 points, it
gave way later, at one time showing
loss of 7 to 12 points from Monday's fin
ish. English interests were small buy
ers in the ring here, while Wall street
was on both -sides. The market pxhihit
ed generally steady undertone in the
late trading, reflecting mill demand and
scattt-red speculative buying and closed
unchanged to 3 points advance.
The local market for spot cotton was
steady, 24.o0c, unchanged for middling
upifcita. sates nil.
Souther spot: Galveston, 33.00c, un
charged; New Orleans, 23.82c, un
changed; Savannah, 24c, 13 points ad
vance; Memphis, 23.75c, unchanged;
Houston, Jrf.ioc.jincflanged; Little Rock,
JJ..'.oc. unchanged.
NEW YORK, Oct. 31. Cotton futures
opened steady. December. 24.25c; Janu
ary 23.9oc; March, 24.04c; May, 23.92c
July. 23.70c.
Futures closed steady; December,
24. Uic ; January. 23.04c ; March, 24.00c ;
jiay, ij.yuc; July, L'a.oic.
QUOTATIONS ON DAIRY PRODUCTS
Coast and Eastern Murkets for Butter,
Cheese and Eggs,
SAN FRANCISCO, Oct. 31. (U. S. Bu
reau of Agricultural economics.) But
ter Extras, 50c ; prime firsts, 46 fe c ;
firsts, 4oc.
Eggs Extras, 67 fee; extra pullets,
4ufec; undersizea puilets, iofec.
Cht ese California flat fancy, 24 fee ;
firsis nominal; California young Amer
ica fancy, 27 fee.
NEW YORK, Oct. 31. Butter Firm;
creamery higher than extras, 49fe50c;
creamery extras, 48 fe & 40c; creamery
firsts. 30 47 fee ; state dairy, finest, 47
(& 48c-
Efcgs Unsettled; fresh-gathered ex
tras firsts. 52 55c; firsts, 42(g50c.
Cheese? Firm.
CHICAGO, Oct. 31. Butter Higher;
creamery extras, 47c; firsts, 36&30fec;
extra firsts, 42fe45fec; seconds, 34fe
35fec; standards, 42fec.
Eggs Lower; receipts. 5458 cases;
firsts, 35 40c ; ordinary firsts, 30& 33c ;
miscellaneous, 34&'40c; refrigerator ex
tras 2525fec; refrigerator firsts, 24
24 fe..
(BY CHARLES D. MICHAELS.)
(By Chicago Tribune Leased Wire.)
CHICAGO, Oct. 31. Grain markets
shewed a distinctly heavy undertone and
scattered liquidation by longs was
strongly in evidence at times. HouseB
with eastern connections were fair sellers
of wheat at times and with a lack of
adequate support prices declined readily.
At the last wheat was off llc, corn
tt&lc. oats &fec and rye KQ-lc, the
finish being about the bottom.
Liverpool wheat, which had been show
ing" pronounced strength of late, turned
weak just before the close of that mar
ket and finished 14 2d lower
and had considerable Influence here.
Local sentiment has become bullish with
the light outside interest a factor, and
the market was not broad enough to ab
sorb any material increase in pressure.
Receipts In the southwest are increas
ing and the prolonged drought over a
wide territory has been broken by heavy
rains, which tended to increase bearish
sentiment. Export demand was only fair.
Omaha sold 100.000 bushels No. 2 hard
winter' to the gulf for export at equal
to 0 cents over December, track here.
Local receipts were 43 cars.
Corn Market Slumps.
Prospects of an increased movement of
corn, while failing to have much effect
on cash values, had a depressing effect
on futures and the market was under
prewure from scattered longs who were
getting out. The bulk of the trade was
of a local character, with sentiment in
clined to the bear side, the lack of out
side Interest being, a big' factor Sea
bcard and domestic demand was less
urgent. Premiums on spot were firmer
on old grain. Receipts were 14S cars.
, December oats acted tight and went
to a premium of fee over the May at
the last with rather persistent commission-house
buying in evidence. Aside
from this the market reflected the action
other grains and closed lower. Re
ceipts were 76 cars with sample values
firm as compared with futures.
Rye Trade Brisk.
Bulk of the trade in rye was in spread
ing operations, the east buying Decem
ber and selling May at j)iy4c ouierence,
while May here was sold against pur
chases in the northwest. Some export
business was put through at the sea
board. The two northwestern markets
received 131 cars.
. 9
The impression of the traders in grains
at the close was that a moderate setback
in prices was due, especially in wheat.
Prices have advanced 7 cente of late and
the buying is not sharp enough to keep
values continually on the upgrade. New
and striking factors are needed to stimu
late increased buying and create and
maintain good upturns in values. A fair
break, it is believed, would put the mar
kets In better position for a rally.
Breaking of the drouth in parts of the
west and southwest were a factor in July
wheat, which lost 1 cents, making it
the weakest of all deliveries. There were
rains nearly all day around Wichita,
Kan., and vicinity, while reports from
Omaha said there was rain in eastern
Nebraska and western Iowa.
p
Several of the strong local operators
were . good buyers of December wheat
and sellers of May. This is a popular
spread as is also selling of May here
against purchases In Winnipeg at around
10 cents discount for the Winnipeg. Oc
tober at Winnipeg went out at $1.05, or
lower for the day. December there
finished 15 fe under Chicago.
It is expected that private reports on
corn, due tomorrow and within the next
few days, will be moderately bullish. One
estimate of close to 2,750.000.000 bushels,
made last month, is regarded as about
right by those who are very bullish,
while others look for 2.t50,000,000 bush
els. The government report in October
was 2,853,000,000 bushels. Farm stocks
November 1 are estimated at under 2oo,-
OOu.OOO bushels, against 285.700.000 bush
els last year, while the five-year average
is ov, 100,000 bushels.
A liberal part of the trading in corn
was in buying of Deoember and selling
of May fe to V cent discount for the
December. A cash handler who recently
bought new corn for shipment from the
country by December 15 had a car de
livered to him today.
Cables to a New York exporter brought
a better . tone to the wheat market in
the United Kingdom, although public ca
bles were the reverse. The exporter said
to him they wer the best in a week.
Primary Receipts.
CHICAGO. Oct. 31. Wheat, 1,137,000
bushels versus 1,268.000 bushels. Corn,
1,213,000 bushels versus 500,000 bushels.
Oats. 933.000 bushels versus 421,000
bushels. 4
Shipments Wheat, 936,000 bushel
versus 583,000 bushels. Com, 680,000
bushels versus 365,000 bushels. Oats,
605.000 bushels versus 257,000 bushels.
. Clearances Wheat, 477,000 bushels;
flour, 52,000 barrels; corn, 433,000 bush
els. Oats, 162.000 bushels; barley, 114,
600 bushels.
Carlots Minneapolis Wheat. 347;
corn, 1 1 ; oats. 53. Winnipeg Wheat,
S008; oats, 307; flax, 60. Chicago
W heat, 103 ; corn, 380 ; oats, 173 ; rye,
61; barley, 30
Minneapolis Grain Market.
Furnished by McCaull-Dinsmore Grain
company of Portland.
Wheat Good to fancy, No. 1 dark
northern to arrive, $1.13 & 1.26 ; fancy
No. 1 dark northern, $1.21 (31.30 ; No.
1 dark northern, $1.13 1.20 ; to ar
rive, $1.12; No. 1 northern, $1.12
1.18; to arrive, $1.10; fancy No. 2
dark northern, $1.15 & 1.25 ; No. 2
dark northern, $1.00 1.17 ; No. 2
northern, $1.07 1.15 ; fancy No. 3
dark northern, $1.12 f(l.20 ; No. 3
dark northern, $1.04 1.12 ; No. 3
northern, $1.03 C&l. 11 ; No. 1 dark
hard Montana, $1.16 1.24 ; to arrive,
$1.10ffi1.21; No. 1 hard Montana,
$1.08 1.11; to arrive. $1.08
1.11; No. 1 dark hard Minnesota, and
South Dakota, $1.10 1.12 ; to arrive,
$1.00 1.11 ; No. .1 hard Minnesota
and South Dakota, $1.06 1.08 ; to
arrive $1.08 (TjH.08 ; fancy No. 1 am
ber durum,' $1.07 g1.13 ; to arrive,
$1.04 1. 07; No. 1 amber durum,
$1.05 3.07 ; to arrive, $1.03; No. 1
durum, 93c$1.30; to arrive, 03c;
fancy. No. 2 amber durum, $1.05 (fi)
1.31; No. 2 amber durum. $1.03
1.05; No. 2 durum, 91(S'98c.
Corn No. 2 yellow, 671A60Vc: to .ar
rive, 644c; No. 3 yellow, 6567c;
to arrive, 62 4 c.
Oats No. 2 white, 37ifi40c; No. 3
white, 3538c; to arrive, 34
30 c.
Barley Choice, 56560c; medium, 52
55c; lower grades, 47(S51c.
Rye No. 2 7275c; to arrive, 72
73c.
Flax No. 1 $2.45fe2.47; to arrive,
$2.45fe.
Wheat futures December. $1.08 :
May, $1.09.
Best Valley and East of Mountain
Stock Listed at $11.25;
Other Iiines Steady.
The livestock market was quieter yes
terday, with only four loads in by rail.
Lambs were a Quarter higher through
out the list, responding to the increased
firmness In this division. The best valley
and east-of-the-mountain lambs are now
listed at $10.2511.25. Sheep quotations
were unchanged.
Cattle were steady at the range of
prices established Monday. The few
hog sai were also ax ruling quotations.
Receipts were Ul cattle and 1(4 sheep,
The day s sales were as follows;
Wt. Price,
1 steer.... 990 $4.25!
2 steers. . .1045 6.85,
3 steers.. .10 16
. 740
. 930
.1085
782
48 steers.
1 steer. .
2 steers.
7 steers.
1 steer. .
10 steers.
1 steer..
2 steers.
2 steers.
3 steers.
5 steers.
I cows. .
1 cow. . .
3 cows..
5 cows. .
1 cow.,
3 cows.
2 cows 800
1 cow 780
11 cows,... 745
1 calf 3 20
; 1 bull 1450
1 bull 1410
1 bull 950
1 bull 050
1 bull 1450
1600
752
950
Wt. Price.
S50 3.00
5.40!
5.15!
5.25
7.35
4.00
050 5.00
716 5.00
750 4.75
035 5.00: 1 bull
040 5.00 4 heifers.
510 5.00' 1 -heifer. .
076 5.001 2 heifers.
1122 4.50 3 heifers.
1 cow 1060 5.001 2 heifers.
IS cows 1019 5.001 1 heifer..
1 cow 7S0 2.10i'17 yearls..
1 cow 850 3.50H hogs. ..
cows 1026 3.601 ihog....
720 1.60:13 hogs...
973 1.751 hogs.. .
924 5.10121 hogs...
830 1.50 4 hogs.
710
9-00
550
90
3.00
3.50
4.00
7.50
3.85
3.35
3.25
3.25
4. 00
3.25
4.25
4.75
5.00
4.75
5.00
3.00
9.00
1 cow S30 1.50
! hogs. .
Grain at San Francinco.
SAN FRANCISCO. Oct. 31. Wheat,
milling, $l.052; . feed, $1.902.
Barley, feed. $1.37fe 1.42fe ; shipping,
$1.45g1.55.
. Oats Red feed. $1.651.80.
Haysi Wheat. $1720; fair, $1517:
tame oat, $1720; wild oat. $1416; al-
iaua. $1 1 up ; stock, $12 14 ; straw,
fll12.
Seattle Grain Market.
SEATTLE, Oct. 31. Wheat Hard,
white, soft white, western white, $1.20;
hard red winter, soft red winter, north
ern spring. $1.18; western red, $1.16;
cig sena Diuestem, 51.38.
Hay and feed unchanged.
SEATTLE,
unchanged.
Oct. 31. Butter and eggs
to laree. S2.2A
2.50; few very large, $2.753; small to
ery smaii, mostly $j. Mcintosh
chard run, all sizes, $2 2.33.
or-
AB SHORTAGE AFFECTS POULTRY
Lighter Arrivals Steady Prices in Eastern
Market.
A shortage in the west of special cars
used to transport live poultry has had a
tenttency to shorten arrivals in the cen
tral and eastern markets. The lighter
receipts have had a steadying effect on
market prices, says the produce review
of Swift & Co. of Chicago. A good de
mand exists for dressed poultry, with
some surplus over current requirements,
which is being placed in storage for fu
ture use.
, The mak of buttr is about normal
for this season and markets, after a lit-
HOGS
15V2c-16c ,
Mil p. Market Short. Checks by Re.
tprn Mail.
THE SAViNAR CO.. INC.
100 Front Street, Portland, Oregon.
Staple Groceries.
Local jobbing quotations:
SUGAR (sack basis) Cane granu
lated, 7.90c pound; beet, 7.70c per pound.
NUTS Walnuts, 1631c per pound;
Brazil nuts, 13feltic; almonds, 16fe
28c; peanuts, 89c; filberts, 20c; pecans, 1
32c; chestnuts, 20c per pound.
RICE; Blue Rose, 7c per pound; Japan
style, 6.106.25c per pound.
COFFEE Roasted, bulk, in drums,
2039fec per pound.
SALT Granulated, barrels, $2.60
3-65 ; half ground, tons, 50s, $17 ; 100s,
$16.
DRIED FRUITS Dates, 14c pound ;
figs, 13fe22c per pound; apples, 12
14c per pound; peaches, 15 15 fee;
prunes, 912fec; apricots, 2331c.
BEANS Small white, 6fec; pink, 7fec;
red, 6fec; lima, 910c; bayo, 6fec .per
pound.
HONEY $44.75 per case.
Provisions.
Local jobbing quotations:
HAMS All sizes, 2832c per pound;
skinned, 31c; picnic, 10c; cottage roil
2Sc per pound. '
BACON Fancy. 3046c; choice, 32
3 be; standards, 2S-0c.
LARD Pure, tierces, lie per pound.
DRY SALT BACKS 2023c; plates, 18
cents.
Oils.
LINSEED OIL Raw, in barrels. $1.10;
5-gallon cans, $1.25; boiled, in barrels
$1.12; 5-gallon cans, $1.27.
TURPENTINE In drums, $1.82; 5
gallon cans, $1.07.
WHITE LEAD 100-pound kegs, 13c
per pound.
GASOLINE Tank wagons and iron
barrels, 25c; cases, 36c per gallon.
DISTILLATE -Tank wagons and iron
barrels, ISfeG. jer gallon.
Hides, Hops, Etc.
HIDES Salted hides, all weights, 12c;
green hides, all weights. 10c; salted
bulls, 9c; green bulls, 8c; salted or green
calf, 17c; salted or green kip, 14c; hair
slipped hides and skins half price; flint
dry hides, 16c; flint dry calf and kip,
16c; dry salted hides, 12c; culls- and
damaged, half price; green or salted
horse hides, each $2(ji3; colt skins, each
50c$$l; dry horse, each, 75c$1.25, with
mane and tail on.
SHEEP PELTS Dry sheep pelts, Ions
wool, 21c; dry sheep pelts, short wool,
lOfec; dry sheep pelts, pieces, lofec; dry
shearlings, each 0 25c; salted pelts,
Chicago Horse Market.
(By Chicago Tribune Leased Wire.) .
CHICAGO. Oct. 31. The second day ot
the horse auction showed the demand
strong and reliable for all' good heavy
weights and suitable for the eastern
trade. Demand Monday was broad
enough to take the bulk of the offerings
and there were not many good chunks
and drafters available on the day's mar
ket. The best were quotable up to $250,
with many of the right kind going at
$175&224.
Best heavy drafters, $175(8)250: fair to
good drafters. $150175; poor to fair
drafters, $60(gl25; good' to choice wagon
horses, $8o(jwl25; plain wagon horses, $50
(100; good to choice fair chunks, $5u
15; poor to good farm chunks; $25 75;
blemished chunks, $20g50.
Some competition from the coal mines
of Pennsylvania resulted in good action
in the trade for serviceable horses that
weighed more than 1400 pounds.
t
Sugar Market.
NEW YORK, Oct. 31. Raw sugar,
centrifugal, $5.53; refined granulated.
S6.00 7.
SAN FRANCISCO Oct. 31. Califor
nia"Hawaiian raw sugar, $5.53.
BAKER BANKER IS NAMED
William Pollmaii Asked to Help
Plan Stock Financing.
BAKER, Or., Oct. 31. (Special.)
William Pollman, banker of Baker,
has rpppived a tflleram frnm ffrnH
H. Bixby, notifjng him that he has
been appointed with seven others
to confer at Washington, D. C,
November 20 with Eugene Meyer
Jr., managing director of the war
finance corporation, in the interest
of the financing of the livestock
industry of the country.
As the purpose of the meeting,
according to the telegram, is to
advise Mr. Meyer relative to the
permanent financing of the live
stock industry the naming of Mr.
Pollman is considered a recognition
of his familiarity with the stock
industry.
The Oregonian Is th medium
through which many people supply
their wants by using its classified
columns. Telephone Main 7070.
The Chicago grain letter received yes
terday by the Overbeck & Cooke com
pany of Portland follows:
Wheat It was a dull market work
ing gradually downward with bulls dis
playing loss of confidence because of
the inability to stimulate outside inter
est on the buying side. The decline
in Liverpool prices created the belief
that the foreign situation has eased and
that the inquiry for grain for prompt
shipment is apt to be less urgent than
it has been for some time past. Only
a small amount of export business was
coniirired yesterday and the demand
today was reported as slow with no
evidence in the futures market of any
fresh buying. Cash markets were quiet
except in the northwest,, where the de
mand from millers was good and firm
prices prevailed. While there is no
important change as yet in the car situa
tion, indications point to a more liberal
supply in the interior and there is some
question as to distribution without i
cumulations at terminal markets. Until
some news incentive appears to en
courage bullish activities, we do not
expect a sustained advance.
Corn -The market had a heavy tone
from the opening, feeling the weight
of liquidation by longs and selling by
cash interests. The approach of the
new crop movement, which promises to
be earlier than usual, with cash pre
miums on old corn showing a distinct
tendency to yield, is causing a revision
of idea3 as to when the market will
begin to reflect what is generally ac
cepted as a very bullish prospective
supply and demand situation. The
logical tme to buy corn futures is when
the movement reaches its peak, which
should be about February. For the im
mediate future we look for only , mod
erate and temporary upturns.
Oats The only feature of note was
the relative strength of the nearby po
sition, which showed symptoms of con
gestion in face of an easier cash market.
Receipts were light, but there was little
demand for the offerings, and premiums
were fractionally lower. Country of
ferings to arrive remain light.
Rye Prices were a shade lower in
sympathy with other grains, but there
was no pressure of consequence on the
market, and offerings were well ab
sorbed by seaboard interests on the
decline. Cash rye was relatively steady
at 1 cents over December for No. 2
on ' track.
Leading futures ranges as follows:
Foreign Bonds.
Reported by Overbeck &
pany of Portland:
Russian 5
do 514
do
French 5
do 4
do 5
British 5
do 5
do Vict 4
do Ref 4
German W L 6 ...
Berlin 4
Hamburg 4
do 4 Vj per cent. .
Leipzig 4'3
do 5 . . .
Munich 5
do 5
Frankfort 4
Jap 4 ,
do 1 4
do 4 hi
Un K
do K
do K
Argentine 5s
Belgium 7i4s
Brazil 7s
Bordeaux 6s
Brazil 8s
Canada 5s ........
Chile 8s
do 8s
do 8s
Czecho 8s
Bolivia Ss
Denmark Ss
French 7!s
do 8s
Norway 8s
Queensland 6s ....
Rio Janeiro Ss ...
do 8s
Seine Dept. 7s ...
Swedish Gs
Swiss 8s
U K Ot B & I 5'is
Belgium Restor 5
Cooke com
Bid. Ask.
1!)21 10 13
ISl'JB 1 2
1H11I 11 14
W31 52 53H
117 43Vi
120 SO 61
1JI27 !3 35
1929 9314 9514
7S 80
75 87
.... 62 66
20 40
.... 25 35
20 40
20 40
35 40
30 5
25 40
.... 25 50
25' 50
71) 7!)
2!4 93
1922 92 921
11129 108'i 108
1937 101 102
1909 81 S3
1945 100 J01
1952 87 88
1934 7S
1941 99V4 10O
1952 99 90 'i
1941 102 'i 102
1926 102 'i 102'i
1946 102 '4 103
1951 92 9214
1947 9414 95
1945 1(18 109 'j
1941 94'4 95
1945 98 99
1940 lit 112
1947 101 10114
1941! 97 98
1947 971-i 98
1942 SK"4 S7
1939 1.02 'j 103
1940 119 120
1937 101 102
54 58
169 10.10
200 10.25
126 9.50
3S5 10.10
ISO 10.10
i65 10.40
190 10 40
.1.85 10.40
11.1 9.50
211 10.25
225 10.25
181 10.50
440 8.50
530 7.50
150 10.50
410 8 50
250 9.85
223 10.1.1
100 10.00
120 10.00
120 10.04)
90 11.00
77 11.25
56 9.00
Dec
May . . .
July. .
Dec . . .
May...
July..
Dec. . .
Mav
July. .
Jan . . .
May. .
Open.
..J1.1414
. 1.12
. i.04
. .66
, . .67
.. .66
. .41
. . .41)
. . .39
. 9.57
.. 9.90
WHEAT.
High.
$1.14
1.13
1.04
CORN'.
.66
.67
.60
OATS.
.41
.41
. .39
LARD.
9.00
9.02
Low.
Jl.13
1.03
.65
.06
. .66
.41ti
.41
.39
9 50
9.87
SHORT RIBS.
Oct
Jar
Cash prices were:
Wfceat No. 2 red, J1.20; No.
1.19.
Corn No. 2 mixed, 67 70c
yellow. 6870c.
Barley 50 67c.
Timothy seed $66.50.
Close.
$1.13
112
1.04
. .66
.66
.60
.41
41
.39
9.57
9.92
10.50
8.75
2 hard,
; No. 3
Money, Silver, Etc,
NEW YORK, Oct. 31. Call money
firmer: high. 5; low, 5; ruling rate,
6; closing bid; 5: offered at, 6: last
loan, 5: call loans against accept
ances. 4. '
Time loans, firm, mixed collatera
00-90 days. 4 (5)5; four-six months, 5.
Prime commercial paper, 4(tt4 per
cent.
Foreign bar siiver, 67c.
Mexican dollars, 51 c.
LONDON, Oct. 31. Bar silver 33 15
lUd per ounce. Money 2 per cent.
Discount rates, short bills 2 per
cent. Three months bills, 27a 12 i-10
per cent.
Foreign Exchange.
Foreign exchange rates at the Close of
business yesterday, furnished by North
western National bank of Portland. The
amount quoted is the equivalent of the
foreign unit in United States funds.
Austria, kronen $ .000015
Belgium, francs 005900
Bulgaria, leva 000800
Czecho-Slovakia, kronen o:',1800
Denmark, kroner .202200
England, pound sterling 4.472500
Finland, flnmark O25OO0
Iterance, francs 0705O0
Germany, marks 000275
Greece, drachmas '.021500
Holland, guilders 391500
Hungary, kronen 000500
Italy, lire .twnou
Jugo-Slavia. kronen oin.too
Norway, kroner .1S2000
1'ortugal, escudos 071500
Roumania. lei . .006000
Serbia, dinara 017700
Spain. peseta3 153200
Sweden, kroner 268500
Switzerland, francs 181000
China-Hongkong, local currency .556500
Shanghai, taels 760000
Japan, yen 487500
NEW YORK, Oct. 31. Foreign ex
change steady; Great Britain, demand,
$4.4514: cableB, $4.45; 60-day bills on
banks, $4.43. France, demand, 6.99c;
cables, 7.00c. Italy, demand, 4.11c;
cables, 4.11c. Belgium. demand,
0.48c: cables, 6.49c. Germany, demand
,02c; cables, .02 5-16c. Holland, de
mand. 39.00c; cables. 39.06c. Norway,
demand, 18.18c; Sweden, demand 26.73c;
Denmark, demand, 20.15c; Switzerland,
demand, 18.04c; Spain, demand, 15.25c;
Greece, demand, 2.05c Poland, demand,
.00 c; Czecho-Slovakia, demand, 3.15c;
Argentine, . demand. 36.00c; Brazil, de
mand, 11.50c; Montreal, $1.00 5-32.
London Exchange Will Close.
LONDON, Oct. 31. The stock ex
change will be closed tomorrow, a bank
oliday. ,
Cotton Seed Oil Iftarket.
Cotton seed oil futures at New York
furnished by Jordan-Wentworth & Co.,
Portland:
November, $8.588.67: December,
$8.728.74; January, $8.85S.87; Feb
ruary. $8.898.91; March, $9.039.05;
April. $9 109.14; May. $9.183.21;
June, 9.209.35.
spot bid $8.688 59.
Total sales, 13,100.
Kead The Oregonian classified ads.
1 cow 660 3.50 6 hoes.
1 cow 700 3.50110 hogs. . .
2 cows.... 820 2.50i 7 hogs...
1 cow 850 2.001 2 hogs. ..
1 cow 1210 4.75'12 hog.. .
1 cow 1020 4.601 2 hogs...
1 cow 920 4.001 1 hog
6 cows.. . .1051 3.751 2 hogs...
10 cows 707 3.001 1 hog
3 cows 617 3.001 2 hogs...
2 cows. . . , 665 2.751 2 hogs. ..
2 cows. ... 005 2.00'12,lambs. .
5 cows. ... 770 4.00; 3 lambs.
2 cows. . . . 955 3.(K)!19 lambs .
1 cow 950 4.00119 lambs.
1 cow 890 3.00'22S lambs
1 cow 990 2.00 30 lambs .
1 cow (ISO 5.00148 ewes 87 3.on
1 cow 10 2.001 3 ewes 130 4.00
1 cow 820 3.00119 ewes 98 5.00
1 cow 750 3.50149 ewes 107 5.00
2 cows 755 3.501 5 ewes 138 4.00
1 cow..'.. . 720 3.001
Prices Quoted yesterday at the Port
land Union stockyards were as follows:
Cattle rrice.
Choice steers $ 7.00 m
Medium to good steers .... b.j.Tftu i.oo
Fair to medium steers 5.50 6.2y
Choice heifers o.OO'fl) o.i
Common to lair steers . d. iaw o--
Choice cows and heifers . . 4J10 5.00
Med. to good cows, heifers.. .i.o"(r 4..u
Fair to med. cows, heifers. S.OOift 3.50
Common cows 1.50 2.00
Canners I SO 2-00
Bulls 3.000 4.00
Choice feeders 5.00 5.50
Fair to good feeders 4.00 5.00
Choice dairy calves 8.50 9.50
Frime light calves !..nu i.."
Medium to light calves 7.50 8.;)0
Heavy calves 6.00 6.50
Hogs
Prime light 10.2o 10.65
Smooth heavy, 25030U lbs. u.nuraiu.iw
Smooth heavy, 300 lbs. up.. 9.00 9.50
Sn.li heavv ' 7.00 8.50
H a.t riltrS iu.ini
nira 9.50 9.
Stairs suhiect to dockage... 5.00 7.00
Sheep
East-of-mountain lambs ... 10.2n(fflll.2n
Choice valley lambs 10.2.i11.25
YToinrv. vall.V lliTYlhs 9.2510.2-l
Common valley lam oa b.-mto v.i
Pull Inmhx 6.50W 8.25
I. e-ht vear nes s.oora o.no
Heavy yearlings i.aOMI 8.0O
Light wether3 6.50 7.n0
Wpaw wthp.r 5-50 6..'0
Ewes - 00 5.00
Chicago Livestock Market.
CHICAGO. Oct. 31 (U. S. department
nf flB-ricultiire) Hoes Receipts. 39.00O;
market weak; 25 to ooc lower; duik gooa
170 to 200 oouna averages s.uu(bjb.w
eood and choice 210 to 250 pound butch
ers, $8.40 8.50; top $8.50; bulk packing
ows. X7.00epl.DO; deslraoie pigs mostly
$8.50: heavy-weight $S.0O8.ofl; medium
wolirht. JS 3r(S)8.50: light weight. $8.15
8.40: light light. 8.158.40; packing
sows closed $7.8007.65; packing sows,
rough, $6.857.40; Killing pigs, o.-uig
8.50. , ,
Catt e Receipts, lo.uuo maraet siow
quality plain; early sales native beer
steers and western grassers about steady;
warmed un and snort lea steers aun
tending lower; early top matured steers
$13.00: quota of long feds comparatively
scarce; buik native oeei steers ni quamy
onH pnyifl t en to se l at 48. tiUfi' ii.
few early sales western grassers,' $0.50
ft 75- veal calves steadv to 2c higher
other classes about steady: heavy feeders
rinll- hulk hnlnena bulls. $3.7o4.00: bulk
veal calve3 to packers early around
no 00. '
shopn 51.000. opening very slow: few
early sales: native lambs weak to shade
lower: early top $14.00 to city butchers:
$13 85 to pacaers: western intisuy ieeu
evs; fat Western lambs $13.75 to killers;
feeder demand fairly good; little doing
early; sheep scarce around steady.
Kansas City Livestock Market.
KANSAS CITY. Mo., Oct. 31. (U.
Department of Agriculture.) Cattle Re
ceipts, 23,000 head. Vealers, steady;
other calves dull, best vealers, $9.50
10; many heavy calves. $46; other
classes slow and dull with prices steady
to lower; early steer sales, $7.509; best
held around $13; bulk cows, $3.504.5O;
choice heavy ones held at $6; many
grass heifers $4 5; yearing heifers bid
$9: bulk canners, $2ffi2.25; some bids
below $2; better grades cutters, $3
8.25; others around $2.75; bologna bulls
largely $3 3.50.
Hogs Receipts. 12.000 head. Very
active: mostly 1525c lower; spots off
more; early shipper top. $8; packer top
$7.90: 140 to 190-pounders, mostly Si.io
7.85; bulk 200 to 250-pound butchers,
$7.857.95; mixed weights of quality,
$7.5O7.80; bulk eales, $7.507.95; pack-
iiie sows. 1025c lower; bulk. $6.75
stock pigs, steady to 10c lower; mostly
$8.30 8.50.
Sheep Receipts, 8000 head. Very slow.
around steady, quality on most loads
plain; best westerns, $13.90; few choice
sheep offered; desirable Texas feeding
lambs, $12.50.
Omaha Livestock Market.
OMAHA, Oct. 31. (U. S. Departmen
of Agriculture.) Hogs Receipts, 4000
head. Mostly 1525c lower; bulk pack
lug grades. $6.857.10; bulk 180 to 250
pounds. $7.507.85; top, $8,
Cattle Receipts, 9000 head. Better
grades of beef steers, steady; ehort fed
and others, slow; choice corn feds, $12
she stock, bulls and veals, mostly steady
fitockers and feeders, weak to 15c lower.
Sheep Receipts, 11,500 head. Lambs,
steady to 25c higher; top, $14; fed clipped
lambs, $12.7512.8o; yearlings, $11 down
sheep, steady; ewe top, $7; feeding lambs
steady to easier; sorted light western
l&mbs, $13.25;. feeding ewes, $5.50 down.
PLACING YOUR
NOVEMBER FUNDS
Now is the time to plan the investment of
your November funds. From a varied list
of over fifty conservative securities you can "
select the investments best fitted to your in
dividual needs.
This list comprises Municipal, Canadian, For
eign Government, Public Utility, Railroad
and Corporation bonds and high-grade pre
ferred stocks. Maturities of the bonds range
from one year to forty years.
Our monthly booklet of Investment Recom
mendations lists and describes a large num
ber of attractive investments, which we rec
ommend. If a copy of the November issue is desired,
fill in and mail the attached coupon, or tele
phone us today.
Blyth, Witter. & Co.
FOURTH AND STARK, PORTLAND
Broadway 6481
Name
Address
San Pranctaco
I.om Angele
New York
Chicago Seattle
IS
V.
S. CORPORATION GIVES
1 ON PREFERRED.
Premium of 1 4 Per Cent Is Ad-
vanced to Holders of
Common Stock.
NEW YORK, Oct. 31. Directors of the
United States Steel corporation at their
quarterly meeting today declared the
regular dividends of 1 per cent on the
preferred stock and 1 4 per cent on the
common. Out the corporation again
failed to earn all the common, taking
$1,339,602 out of the undivided surplus
to make the payment.
Total earnings of $27,468,339, as com
pared with $27,2S6,945 In the preceding
quarter show that the steel industry is
on the mend.
The net income for the quarter ending
September 30 was $16,297,394, as against
$16,219,513 for the preceding one. indi
cating that the corporation earned 98
centa of the $1.25 common dividend in
the last quarter, as against 96 cents for
the one before.
Gross earnings for September were die-
appointing, totaling only $7,727,721, a
againstt $11,324,059 in August and $10,
544.074 in July.
United States Steel common closed at
light fractional gain. Independent steels,
however, were under heavy pressure al
the close, Bethlehem B dropping 1 and
Lackawanna 2 points.
Mining Stocks at Boston.
Furnished by Overbeck & Cooke com.
pany of Portland: Bid. Asked.
Ariz Com 7V4 S
Adventure 50 100
Ahmeek 5Si 59
Aigomah 10 25
Alloupz 20 24
Arcadian 2 2
Bingham Mns 16i 17
Cal & Aril 52 53 ',4
Calumet & Hecla 265 270
New Corn Hi 16.
Centennial 8 9
Cop Rge 37 "i 38
Davis Daly 3 4
East Butte H 9
Franklin Mng 11 11
Hancock 2 3
Helvetia 1 m
Island Creek 104 104 y
Kerr Lake 3 4
Lake Cop 3 351
La Salle 1 154
Michigan 214 3
Mohawk 55 55V:
May, Old Colony 3 3i
Mason Valley IK 1 '.i
North Butte 8'i 8
Nipissing j 6
North Lake SO 35
Old Dom Cop 19t; 20
Osceola Mng 30 V. 3114
Ojibway Hi 2
Qulr.cy Mng 33 H 34 Vt
Pond Creek 18 y, 19'i
Isle Royal 20 2.1
South Lake 40 41
Cupp Boston 1"4 2
Un Shoe Mach 41". 42
do pfd 20
Superior Cop 4 414
Trinity Cop 1 1
Tuolumne 45 50
Utah Con TA 2
U S Mining 37 H 38
do pfd 45 ii 46
Utah Apex 2 27-4
Ventura 26 hi 26 V:.
Victoria 1 Ihi
Winona 85 SO
Wolvorine 8V 915
Wyandot 35 50
Nat. Tranjit '.. 25 26
N" Y Transit 170 175
Northern Pipe 22 22',i
Penr. Mex 24 26
Prai'ie Oil 630 640
Prairie Pipe 270 275
Solai Refg 390 400
South Penn Oil 180 190
S V Penn Oil 60 62
SOJnd 11674 117V4
S.O.'vansaa 600 610
SOKentucny 105 106
SONY 545 555
SO Ohio 530 '540
do pfd 117 119
Swan & Rinch 24 28
Vacuum 640 650
S O Nebraska 190 200
Imperial Oil 112 113
Chicago Oil Market.
(By Chicago Tribune Leased Wire.)
CHICAGO, Oct. 31. Gaasoline Tank
wagons, 18c; service stations, 20c; ma
chine, 27.7c. Oils Summer, 11.4c; win
ter, 11.9c. Carbon Perfection, Iron bar
rels, $1.11. Linseed oil Raw, 1 to 4
barrels delivery, $1; do, boiled, $1.04,
Corn oil Packages 24 pints, $6.25. White
lead, 110-lb kegs, $12.75; 25 lbs, $3.40;
12 lbs, $1.75. Turpentine, $1.87. De
natured alcohol, 42c.
Metal Market.
NEW YORK, Oct. 31. Copper, steady:
electrolytic, spot and nearby, 133
13"4c; later, 1314c.
Tin, easy; spot and futures, 37.12c.
Iron, steady .and unchanged.
Lead, steady, spot, 6.506.85c.
Zinc, steady; East St. Louis, spot and
nearby delivery, 7.107.15.
Antimony, spot, 6.75c.
Xavul Stores.
SAVANNAH, Oct. 31. Turpentine,
firm, $1.54fiji 1.55 : sales, 770: receipts,
612: shipments, 217; stock, 11,610,
Rosin, firm; sales. 116; receipts, 3722;
shipments, 1255; stock, 91,146.
Quote: B. D. E. F. G. H., S5.65; I,
$5.70; K.. $5.75; M., $5.80; N., tli: WG.,
HU.1U: WW.. $0.85.
Kesd The Oretronian classified ads.
Standard Oil Stocks.
Sicndard Oil stocks furnished by the
San Francisco Livestock Market.
SAN FRANCISCO. Oct. 31. (Federal
State Livestock Market News Service.)
Cattle, beef steers, good grade, $7.1
8; medium grade, $itfii.o0; common
grade.. $66.75; beef cows, good grade,
$5,7556; .medium grades, $o.2i'3o.oO
common grades, $45; canners and cut
ters. $2i3.50: bologna bulls. $2.50W4
calves. 150(ji'2O0 pounds good and choice,
$7.758; 20o250 pounds, good ana
Choice, $7.50ife7.75; 250300 pounds good I
and choice, $7&7.50; over 300 pounds, I
$5.50 6.50.
Hogs Good and choice grain fed Cali
fornia, 15020O pounds, 10.5ll; 200
ft250 pounds, $10.25 10.75; 250O300
ponuds, $9(&9.50: over 300 pounds. $8,50'
Sr9; smooth sows, 250300 pounds. $7
7.50; rough sows, 250 300 pounds,
$66.50; over 300 pounds, $56.
Sheep and lambs full-wooled lambs,
good and choice grades, $12.75 13.50;
medium grade, $12 12.75; ewes, medium
and good, $5 6; wethers, medium and
good, $7.509.
Seattle Livestock Market.
SEATTLE, Oct. 31. Hogs No receipts.
Steady. Prime light, $10.3010.35;
others unchanged.
Cattle Receipts, 31 head. Steady.
Prime steers, $6.907.40. Others un
changed. Chicago Potato Market.
CHICAGO, Oct. 31. Potatoes firm on
whites, weak on Early Ohios; receipts,
139 cars; total United States shipments,
1296; Wisconsin sacked round whites
85fe93c cwt., bulk 6090c cwt,; Minne
sota sacked round whites 8595c
cwt.; Minnesota sacked Red River
Ohios 9095c cwt., bulk 8095c cwt.;
North Dakota sacked Red River Ohio,
9095c cwt.; South Dakota sacked Ear
ly Ohios, 7080o cwt.
Dried Fruit at New York.
NEW YORK, Oct. 31. Evaporated ap
ples, dul!.- Prunes, firm; Oregons, up to
40-50s, 712c. Peaches, steady.
Overbeck & Cooke company of Portland:
Bid. Ask.
Angio 20 2014
Bnr:-e Scrysmer 540 570
Buckeye 93 95
Chetsf brough 215 230
do ofd HO 115
Continental 144 147
Crescent 34 36
Cumberland 145 150
Eureka 92 94
Galena com 49 51
do pfd HO H4
do new pfd 106 110
Illinois PiDe 174 177
Indiana Plp . 9-1 . . 95
(Our Sew location, N. W.
Corner Fifth nnd Stark)
MONOPOLY
Note that our current offering: of
New Orleans Public Service, Inc.,
First and Refunding- Mortgage 5
Gold Bonds are issued by a company
that owns all and operates all the
properties and subsidiary properties
that manufacture electricity for
commercial power and light for
New Orleans, the entire gas manu
facturing and distributing proper
ties and the entire street railway
properties of the city.
That in itself is sufficient to make
this a most desirable security. But
it has many other equally attractive
features, the details of which will
be furnished upon request by phone,
mail or in person. .
Priced to yield about 5.70
Clark, Kendall & Co.
BONDS
V. W. Cor. 5th nnd Stark. Bdwy. 6315.
Portland. Oregon.
Gold Bonds
To Yield 5dl
Legal Investments for Savings Banks
of Oregon, Washington and Idaho.
INCOME TAX-EXEMPT
Insure a long period of high interest returns by investing in
these school bonds. Their unquestioned strength make them
the finest kind of collateral, and they command a ready
market at all times.
DENS. $1000, $500
The Issues i
BANNOCK COUNTY, IDAHO, SCHOOL DIST. 35
Due Ser. 1934-42
MINIDOKA COUNTY, IDAHO, SCHOOL DIST. 3
Due Ser. 1932-43
TWIN FALLS COUNTY, IDAHO, SCHOOL DIST. 6
Due Serially 1933-42
Full data on request.
LUMBERS
BROADWAY and OAK
Y
o