The Sunday Oregonian. (Portland, Ore.) 1881-current, August 08, 1920, Section One, Page 21, Image 21

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    THE STT7ttAY OREGONTA.X, PORTLAND. AUGUST 8, 103O
21
FUEli OIt COMING
HERE FOR VESSELS
Tanker Richconcal Brings
25,000 Gallons.
ARRIVAL TO BE TONIGHT
Apprehension Diminishes When
Government Arranges for Per- '
manent Tankage.
Delivery of 25,000 barrels of fuel oil
at Portland, which is aboard the
tanker Richconcal, due at 8 o'clock
tonight, will assist the shipping
board vessels loading here, and there
Is every reason to expect that deliv
eries will be made regularly. The
Richconcal was the first tanker dis
patched from San Francisco last
week, on orders being placed by the
shipping board for a total of 240,000
barrels. She carried 60,000 barrels
from there, goin? first to Seattle and
slightly more than half her cargo was
pumped into tanks there In order to
insure vessels being given dispatch
Xor the next two weeks.
The bunkering of all shipping
board carriers is being attended to in
the Pacific .through the division of
supply and sales, of which C. O.
Yoakum is western director. Mr. Yoa
kum reached the city yesterday from
Kan Francisco, having spent the last
two weeks there and in Los Angeles.
Asked as to the prospects of adequate
fuel oil supplies in the Pacific. Mr.
Yoakum said every effort was being
made to keep bunkering stocks at a
normal heiffhth.
-In the distribution of the oil closed
for at San Francisco, it was decided
to dispatch two cargoes' to the orient,
one to Shanghai and the other to Ma
nila, so vessels bound for the far
east would be assured of sufficient oil
to carrv them back to the coast.
The Richconcal is to proceed to the
Linnton tanks of the Associated Oil
company, arrangements having been
made to store stocks for a time there.
The government is making extensive
plans for the future, and permanent
tank facilities will be arranged tor.
ADDreciatinft oil supplies are some
what limited at present, managing
agents of shipping board vessels are
co-operating with the division of sup
ply and sales in conserving deliveries,
and there is less apprehension as to
fuel requirements than was the case
a month ago.
STEAMER MEMPHIS COMIXG
"Last Cargo of Grain Corporation
Flour Provided For.
The British steamer Memphis, of
434 net tons register, a former Ger
man vessH.l. was named yesterday by
Balfour, Guthrie & Co. as the vessel
to move the last cargo of grain cor
poration flour from the Columbia
river. She will be here some time dur
irs September. She was last reported
at London, arriving there July 18
from Montreal
The particular carsro of flour which
the Memphis will take is one sold by
the grain corporation several months
ago to the Wheat Export company,
the purchasing end of the British
royal commission on wheat supplies.
Closing of ihe local offices of the
United States grain corporatlDn has
been delayed for several weeks by the
delay in sacuring a vessel to move this
cargo. The steamer originally named
to take the last grain corporation
cargo was diverts! to other trado.
The steamer Memphis was built in
1813. She has a length of 471.9 feet,
a breadth of 61 feet and a molded
depth of 2S 5 feet.
Balfour, Guthrie & Co. are local
agents for the Wheat Export com
pany. IPPER SXAlvE AT LOW STAGE
freight to make op the remainder of
her cargo.
Apns Trial Trip Thursday.
The steamship Apus, the last of
five 9500-ton steel vessels built by
the G. M. Standifer Construction cor
poration, will go on. her river trial
trip Thursday. No charter for the'
big new freighter has as yet been
closed, it was reported last night by
George Brown, owners' representative
Marine otes.
Two passenger vessels left the local
harbor yesterday for San Francisco and
third will go today. Departing yester
day were the steamers City of Topeka
and Multnomah, of the Admiral and Mc
cormick lines. respectively. The To
peka is bound for Ban Francisco via Coos
bay and Eureka, and the Multnomah -for
San Francisco and Los Angeles. hs
steamer Bos City will leave for ban
Francisco direct at 10 o'clock this morning.
The tank steamer Frank H. Buck ar
rived at Linnton at 9 o'clock last night
with oil for the - Associated Oil company.
The tanker Capt. A. F. Lucas will be due
here Monday from San Pedro with . oil
for the Standard Oil company.
The motorshlps Cethana and Culburra.
hich brought bulk sulphur from Gal
veston, shifted in the harbor yestertlay;
th Cethana from the St. Johns Lumber
company's mill to municipal terminal No.
4 for two days' work, and the Culburra
from the Port of Portland drydock to
the Albina Engine & Machine works for
the completion of repairs. Both motor
ships will carry lumber ot the west coast
of South America. The Cethana will
complete her lumber cargo on Puget
sound and the Culburra will .load a full
cargo here.
The steam schooners Santiam and Tiv
erton shifted yesterday from Frescott to
"Westport to complete cargoes .of lumber
for California.
The Japanese steamer TomluVa Maria,
loading lumber for China, came up from
Prescott yesterday to the mill of the
West Oregon Lumber company. She will
return to Prescott this afternoon.
Harold ' H. : Bain, former purser on
various river steamboats, has shipped as
purser on the Admiral line steamer Mon
tague, due to sail Monday for the orient.
WHEAT BUYING BY
EXPORTERS LIGHTER
Prices in Northwest Said to
Be Out of Line. .
Spokane 1.801.5SS 643.785
Clearings of Portland. Seattle and Ta
coma for the past week and corresponding
week In former years vrT
Portland. Seattle. Tacoma.
t33. 455.043 J34.WIK. 1S2 4.7J0."K4
.KIIM.D14 8:i.347.8y.S 4.44. 0
mio. .
11119. .
1U1S. .
iiit. .
1!18. .
11)15. .
1914. .
1013. .
ISIS. .
1111. .
flTfini flSnr fininTnTm! eusslon to the ttirar. arvKKaa policies ;
aiiM mat bumtuiujs2S;
21.814.334
13.19S.33
1-M77.SHU
9.9R4.S3U
9.705.141
11.14:!.61IO
11.624.5.S8
10.1U4.755
32.835.318
22.810.S41
12.')-,.629
lt.3!'0.3Sa
12.SSS.201
12.555.0UO
13.444.0O0
10.503248
4.855.2S4
S.U37.357
1.041.0B4
1.770.291
2.05U.V
2.N3.00
3.70-S.246
4.023. 84T
GENERAL CM TAKEN
NORTH CHIXA LIXE STEAMERS
EXPAND SERVICE.
EAST SELLING -CHEAPER
POB.TLAN-D . MARKET . QV'OXATIOJIS
Grain, lltinr. Ffd. Ktr. 1
Merchants' Exchange, noon session t
Bid
Wheat Snot. Oct. Nov.
Hard white $2.3.1 '$2.25
Soft white .-. . 2.25 -2.25
white club S.23 2.23
Hard winter ..... 2.25 2.23
Red winter 2.18
2.19
2.25
2.18
Cargo of West Xlvarla Includes
1500 Tons of Steel for Railway
Equipment of Manchuria.
Navigation Beyond Mouth of Salm
on" River Impossible.
LEWISTON, Idaho, Augr. 7. (Spe
cial.) Captain E. G. McFarlane. vet
eran pilot of gasoline craft on the
upper Snake river, announced today
that the river had reached such a low
Btage that navigation beyond the
mouth of the Salmon river, about SO
miles above Lewiaton, would be im
possible for about two months.
In recent years the extension ot
river transportation by large gaso
line freight and passenger boats up
the Snake river has increased greatly.
ThiB has opened up large stretches of
cattle and she-p-grazing country hith
erto inaccessible, and has made pos
sible during the past year a regular
mall service by boat to upper river
points.
The mall boat run by Captain W. B.
Brewink will continue its regular
tripB from this city to Rcgersburg on
the Grand Itonde river, about 30 miles
from here.
General cargo service to north China
ports is being inaugurated by ihe
steamer West Nivaria of the Columbia-Pacific
Shipping company, now
loading at municipal terminal No. 1.
In addition to a quantity of lumber
which vessels of this line have car
ried since the service was started sev
eral months ago, the West Nivaria is
taking 1500 tons of steel here.
On her way back from the orient on
her last inward voyage, the West Ni
varia stopped at Grays Harbor to pick
up 2,500,000 feet of lumber. This load
ing at another port than Portland is
also an innovation in the North China
line service.
The freight now being stowed in
this vessel will be discharged at
Tsingtao, Chinwangtao and Taku Bar.
The steel loaded here consists prin
cipally of wheels, trucks and stringers
for railroad cars and is an indication
of extensive railroad building in the
Manchurian territory by the Japanese
occupants.
Because of the necessity of making
minor repairs to her machinery, the
West Nivaria is not Toading today, but
will resume operations at the St.
Johns Lumber" company's mill this
morning, loading lumber in four of
her five hatches. She will depart on
her second outward voyage across the
Pacific during this week. She is com
manded by Captain John GrondahL
Henceforth, it is announced by the
Columbia-Pacific Shipping company.
all vessels of the North China line will
be available for general cargo service.
Heretofore they hive taken full car
goes of lumber. The next steamer of
the North China line to arrive here
will be the West Nome.itum, now n
her way back across, the Pacific and
due here next Sunday. She will be
followed by the West Keats early in
September. The steamer The Angeles,
which sailed yesterday for the United
Kingdom with a cargo of wheat, will
be returned to the North China serv
ice on the completion of her present
voyage.
Dead Man Identified..
ABERDEEN. Wash., Aug. 7. (Spe
cial.) The man who died . at the
Washington . hotel here Wednesday
night following a sudden illness with
which he was stricken on the street,
has been identified as John. Daly.
Mr. Daily formerly lived at Flint,
Mich., where a sister still resides.
A daughter. Miss Murgie Daly, lives
at Albany. Or... with her mother, from
whom Mr.-, Daly was divorced several
years ago The body 1s held await
ing the arrival of Charles W. Hughes,
a nephew, from Flint.
Unless Ocean Freight Rates- Are
Reduced or , Foreign Exchange
Advanced, Market May Decline.
" There was ery little wheat buying- during-
the lafer part of the week, owing to
the lack of export demand. Values were
$2.84 on bluestem, bart. dark hard winter
and dark northern - spring; $2.32 en hard
w-htte end soft white; $2.30 on club and
$2.28 on red Walla, all August delivery.
Even at these prices it is doubtful if
nr.uch wheat could be sold, aa exporters say
the prices are out of line, with New York,
Philadelphia, Baltimore and New Orleans
exporters selling for less money.
The fact should not be overlooked by
farmers that on August 25 there will re an
Increase in freight .rates to the .Pacific
coast of 25 per cent and a 23 1-3 per cent
increase en shipments to the east. This
will mean an average of 4 to 5 cents -a
bushel to the coast and 1-5 cents a bushel
to the east.
According to pre-s dispatches farmers In
the middle west Hre selling their wheat at
St. Louis and Chlcairo at 52.40 to $2.42 per
bvshel. and dealers say that unless there
are further radical reductions In ocean
freight rates or a sharp advance in foreign
exchange. -prices-here will naturally seek
world competitive values.
OATS BIDS ABE ONE DOLLAR LOWER
Offers for Sulk Corn Higher on Local
Board.
There was little change In: wheat bids
on the local board. Hard white was 2
cents lower and hard winter 5 cents higher.
other bids being the same as at the. pre
ceding session.
Oats bids were reduced 50 cents and
corn offers were 00c $1 higher. Barley
bids were . unchanged.
The weather forecast for the middle
west, as wired from Chicago: "Illinois,
Missouri. Iowa, unsettled, probably thunder
storms this afternoon or tonight. Sunday
fair, not much change In temperatures.
Elsewhere fair tonight and Sunday."
Terminal receipts, in cars, were reported
by the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Portland
$2.25
2.23
2.2S
2. 2.1
2.20
2.25
2.20
Sept.
$47.00
SEILIXG OF HOLDINGS OVER
WEEK-EN D ASSISTS DECLINE.
Bear Pressure Exerted Ag-alnst
Varied List of Industrials, but
Rail Shares Hold Up. -
Northern spring 2.25
Red Walla 2.18
oats Ana-.
No. a white feed $47. uO
oarie
NO.-3 blue- '47.50 - 48.0-9
Standard feed 45.00
Corn
No. 3 yellow 60.00 . 00.00
Mlllrun V..09 45.75
NO. 3 eastern yellow . . 60.50 60.00
fl-OUR Family patents, $12.1)5; bakers'
hard wheat. $12.1)5; feMt bakers' patents.
$12. 9i; valley. $11. 20; graham, 410. SO.
whole wheat. 111.0.V .
MILLFEED Prices f. b. b. mill: Mill
run, $5S per ton; rolled barley, $64; rolled
oats,' $6S; scratch feed. $S per ton.
CORN Whole, $774-VS; cracked, $71)
SO p-r ton. ,
HAY Buying price, f. o. b. Portland:
Alfalfa, $24 f& 25: cheat, $20; clover, $20:
valley timothy, new, $28 i0.
- Dairy and Country. Produce.
BUTTER Cubes, extras, 5:; 6 03 He lb.;
prints, parchment wrappeTrs, box lots. 57c
per pound; cartons, AHc; half boxes, He
more; less than half boxes, more; but
tenat. No. 1, 57 two per pound -at sta
tions; Portland delivery, 58 62c.
JGGS Buying price, current receipts,
4fc. Jobbing prices to retailers: Candled,
01, 52c; selects, 5354c.
CHKESf: Tillamook, t e. b. Tillamook:
Triplets. 2'Jc; Young Americas, 30c.
POULTRY. Hens. 18f26c; springs. 25e
28c; ducks, 255f33c; geese, nominal: tur
keys, nominal. .
PORK -Fanrtf: ni-
VEAL Fancy. 24 hi per pound.
Fruits and Vegetables.
FRUITS Oranges. $5.75 T.50; lemons.
t-6 J.jt) per box: grapefruit, $6.00 per
box; bananas, ll12c per pound; apples,
new, $24 per box; cantaloupes, $1.75
4.50 per crate; watermelons. 2fe3c per
pound: apricots, $1 per crate; peaches.
i.ot-ov-u oox; plums, $1. 75(52.00 per
oox; currants, S2.uoai2.ao per crate; rasp-
Dames. $3.7o$4.2o crate; casabas, 6c
per pound; grapes. $2. 25S50 per crate;
loganberries, $3.50 per crate; pears. $5
per box: blackberries. $3.50.
VEGETABLES Cabbage, 2 m Sc per
lb.; lettuce. per crate; cucumhers.-75o
&$1.25 per dozen: carrots, $3.50 per
saZck; horseradish, 25c per pound; garlic,
30c; tomatoes. $1.5002.00 per box: peas.
7&10c per pound; beans, -5fgpl0c per
pound; beets. $3.50' per sack; turnips.
per ssck: eggplant. 20&25C
pound: green corn, 50c per dozen.
POTATOES New white. 3& & 4e per
pound.
ONIONS Walla Walla. $1.75 pee sack.
NEW TORK. Aug. 7. The bear ruction
contested attempts to continue yesterday's
rally la the market today. The weekly
review, which told of the economio read
justment in progress. Influenced some sell
ing.
Indications that the speculative position
of certain stocks was still vulnerable was
furnished by weakness of low priced oils
ii ait tb wm-cn. nave oeen -rece-ntiy 1
under pressure. -
Belief that the technical position had
been weakened by yesterday's short cov
ering and a desire to lighten holdings over
the week-end assisted tba decline. Pres
sure was effective in stee.a. motors, papers,
shippings, coppers, equipments and- sugar
oul railroad issues held up well.
ine oanK statement showed a rectifica
tion of recent unfavorable conditions. Last
week s deficit in reserve was turned into
a surplus of $15,171,000. The extent to
which brokers' borrowings had been re
duced by the liquidation of stocks was
shown by a reduction in the loan item of
J4o.SlS.ouO.
Prices ot raliroad and miscellaneous
bonds were not appreciably changed and
Liberty issues continued their irregular
movement. Total sales (par value) ap
proximated $3,460.0oo. United States old
bonds ware unchanged on call during- the
benefits to be de-1
from the new rates
and the large xpendUares outlined for j
necessary improvements -
buving of railroad and equipment shares.
This demand ceased, however, when sell
ing elsewhere increased.
Menres-. Excs-ange, Ete.
NEW TORK. Aug. 7. Mercantile Taper.
Exchange. " Irregular. SterlUvg. demand .
$3.86. cables $J.67": francs, demand;
7 3. cables 7.35: Belgian francs, deroand
7.92, cables T.4; guilders, demand S3.B-. i
cubles SS.T; lire, demand 5.12. cables ;
5.14; marks, demand 2-18. cables 2.10: i
d-arl-iinas. S.S6: New Tork exchange, oa
Montreal. 11 H per cent discount- .
Bar silver, domestic unchanged; for
eign. 95c - 1
Mexican dollars, unchanged.
LONDON. Aug. 7. Bar stiver. BS4d
per ounce. Money unchanged- Discount
rates, short bills. -l per cent: three
months bills, 6Sff 11-16 per cent.
Swift Co. Stocks. '
jrii'"..p.rif"' ?"Aft Ss-v.Vck"
...105
. .. 30V.
... 12ii
... 10W
per
Saturday ... S7
Year ago. . . . 28
Total this w'k. 228
x ear ago. ... 13
Kea'n to date. 1244
l'ear ago.... 429
T.icoma
Friday
Year ago .... 11
Sea'n to date. 233
Year ago. . . . 1S7
. Seattle
Year ago
Sea'n to date. 3 00
Year ago. . . 90
10
10
5S
0
23
19
41
4
, 1
SO
22
S2
l
32
51
26
33
t5
1
6
15
; i4
28
41
92
158
1
5
45
5t
217
67
Lumber Earkentine Due Any Day.
The barkentine Annie M. Rolph,
chartered to carry lumber from the
Columbia river to Port Firrie. Aus
tralia, is now 43 days out on her way
from the Panama canal to Portland
and may now arrive any day. She
made the first les of the voyage, from
Sharpness, England, to the canal, in
41 days.
The French' bark Buffon. coming
here -t load wheat for E. A. Strau
& Co,., arrived at Colon July 13, eight
days. from fat. isazaire.
53, 525,000 Feet Lumber Shipped
ABERDEEN. Wash.. Aug. 7. (Spe
cial. )t-Gi-a-s Harbor rail and water
shipments totaled 53,525,000 feet of
lumbar during July, aocordlng to
clearance risrures just compiled for
Aberdeen, Hoquiam and Cosmopolis
Of this total 31.625.COO feet wen
shipped by rail. Hoquiam and Aber
deen stood almost on an even total
In the nolume of shipments by rail.
Aberdeen shipping 12. 825. 000 feet and
HOQUlam 12.425.000.
Two Steamers Leave.
The steamships The Angeles and
Kastern Ocean, both managed here
by the Columbia-Pacific Shipping
company, left down for the United
Kingdom yesterday with full cargoes
of wheat. The Angeles left her dock
at 1 P. M. and the Eastern Ocean at
11 A. M. The cargo of the steamer
The Angeles was given as 6103 tons
and that of the Kastern Ocean as 7200
tons. The two cargoes have an ag
(-regale value of about Jl, 197, 000.
Montague to Leave Monday.
The 9400-ton steamer Montague, op
erated by the Admiral line, will finish
loading a -general cargo and go down
" the river Monday, it was announced
yesterday by,P J. O'Connor, agent of
the compaiiiV.' ' It is bound for the
usual five oriental ports and will carry
1,000,000 feet of lumber and canned
goods, flour, milk and miscellaneous
DAILY METEOROLOGICAL REPORT.
PORTLAND. Aug. T. Maximum temper
ature. 86 degrees; minimum. 59 degrees.
Kiver reading at 8 A. M., $.9 feet; change
in last 24 hours. 0.2 foot. Total rainfall
5 P. M. to 5 P. M. . none: total rainfall
since September 1. 1919. So.ol inches; nor
mal rainfall since beptember 1. 44.60
inches: deficiency of rainfall since Sep
tember 1, 1S1U, 8.09 inches. Sunrise. 5:00
A. M. ; sunset, 7:33 P. M. Total sunshine
August 7, 11 hours 81 minutes; upossible
sunshine, 14 hours 33 minutes. Moonrtse,
11:25 P. M. ; moonset. 1:24 P. M. Barom
eter reduced to sea level) at 5 P. M-,
20.93 inches. Relative humidity at 5
A. M.. S5 per cent: at noon. 59 per cent;
at 5 P. M.. 36 per cent.
THE WEATHER.
1 l i i t Q-I.N i
a 9 3
lilt
. S l ?? ? 2
B11"ui,t- 3 3 : r Weather
ililii -
I E : ;
Baker
Boise
Boston .....
Canary ....
Chicago ....
Denver . . . .
Des Moines.
Eureka
Galveston '. . .
Helena ....
Juneaut . . .
Kansas City
561 fio'0.00!. .IXWIClear
4 9 0.0010 V IClear
V S2 O.Bs . .sw IPt. cloudy
oo! trj.o.uUi . .S Pt. cloudy
70' SN 0.02i. .!SW Pt. cloudy
60i S4 O.C0.10 NE ICloudy
64 S4 0.:sn;..:N Clear
54! 62i0.00,.. W Clear
76! S0.02'.iN Pt. cloudy
54l 0io.01l..!8 IPt. cloudy
4S t0 O.lU'.Js ICloudy
70i 90 O.00i..iNW;Clear
L. Angeles. I 62! 82 0 . Oo, .. IS W Clear
Marshfield .1 52! 68 0.0O 12 NWiPt. cloudy
Medford ... 56.100 0.00!. ..NW Clear
Minneapolis I 001 TS'O.onl . . INE iPt. cloudy
New Orleans! 74i 86 0.66'.. IS ICloudy
New Sork.-I 6Si 84 0.7U 10 S Icioutly
North Head; 4! 56 0.001. .iNW, Foggy
Phoenix S6 106 0. 00: . . IW IPt. cloudy
Pocatello ... 54i 00 0.00 10 S Clear
Portland ... Brti S6 0.00 14 NW Clear
Koseburg 60. 92 0 .0)1 10.N (Clear
Sacramento . 641 DSO.0C12S IClear
St. Louis... 72 SS 0.42 24 S ICloudy
Salt Lake.. 70 92 0.00 12 S Pt cloudy
San Diego., ei; mo.w(i..'sw fL cloudy
S. Francisco 52; 621). 00 22 W ICloudy
Seattle 56 7S o. 0 0 . . ,N WIClear
Sltkat 4S "64 U. 041. ... ..'Cloudy
Sookane 70 02 0.011. -IN Clear
Tacoma fie- 7 0. on' . .'N Pt. cloudy
latoosn isu.j o-. oou.oiiiua 't-oggy
Valdezt I 44 56 0.04; . .1SW P.ain
Walla Walla! 70: !).", O.Oi) . . NE Clear
Washington I 70i S4 0. 0f' .. iSW Cloudy
Winnipeg ..i .t.-v u.w ,.i.r, t tear
Yakima ....I 62: 94 O.OOl. .'NWjClear
t.V M.
lng Cay
WOOL GROWERS WILL GET KEFCKDS
Excess Profits Collected by Dealers will
Be Fald Back.
Refunds due wool growers because of
excess profits earned by dealers during the
war have been computed and the actual
distribution of amounts due will be begun
in the near future.
According to reports, there has been a
total ot over $1,000,000 collected in ex
cess . profits, which amount will be dis
tributed to growers by the bureau of mar
kets, department ot agriculture.
Delay In the making of refunds was
due to the fact that many large dealers
refused to remit their excess profits until
they were assured that the treasury de
partment would make allowance for such
profits as had teen Included in the income
tax reports of the various firms Interested
and the tax paid thereon. A ruling by the
commissioner of internal revenue that payr
ment of income tax on excess profits on
1918 wool would not be insisted on where
payment was made to the bureau of mar
kets In accordance with the regulations
governing the 1918 clip, has apparently re
moved all doubt In the minds ot dealers
as to how to proceed, with the result that
the actual distribution of money due grow
ers will soon be under way. ,
INTEREST IN ALASKA KING SALMON
Scarcity of Beds Tarns Buyers- Attention
to Other Fish.
A few packers of pink salmon are open
to business for 1920 packs at $1.50, but aa
a rule the important Interests will not
consider this price. Since the largja fac
tor which named $1.50 on pinks and $1.73
on chums withdrew both offerings, the
future market has been unsettled. A
straight $1.75 price on pinks is expected'
by the trade, when the large packers name
their quotations. Spot pinks are also ir
regular and are subject to -a wide range
In prices.
Chums are the weakest item on the sal
mon list as there is no marked interest
in them. Red Alas ka . Is extremely scares
and Is held with confidence. A short pack
Is anticipated which causes equal firmness
In 1920 fish. Buyers are giving some at
tention of Alaska kings as the substitute.
They are offered at $3 for No. 1 tails
and $1.75 for halves flat. Medium rede are
selling in a moderate way but hardly more
than usual for the summer season. -
MORE EGGS COMING OUT Of STORAGE
Heavier Withdrawals Affect Market Top
Grade Batter Scarce.
A buying price of 47 cents for egg re
ceipts, good up to Tuesday, was sent out
yesterday. The local jnarket was not
quite s ofirm as heretofore .owing to the
large offering of stock from storage.
The butter market, waa unchanged. The
best grade of cubes was quoted at 53
534 cents, according to quantity. With
the falling off In production the supply
of top quality Is -not sufficient for local
needs. Much Inferior butter Is offered.
but there is little call for It. . California
demand continues, though not at the prices
now current here.
There was a fair supply of poultry on
hand. Heavy hens sold readily, while light
bens were very hard to move. Dressed
veal was firm with sales at 24 V, cents.
Pork was steady at 24 cents.
week.
CLOSING STOCK.
Sales.
Am Beet Sug - loo
DOU
3O0
2.400
3110
2O0
4O0
4O0
100
2.2O0
. 700
2O0
10. BOO
. .2, OttO
2,000
. 6O0
50t
500
1.21)0
200
100
500
ooo
' 2U0
300
sou
2.1)00
3.000
800
2O0
14.700
loo
700 .
800
200
QUOTATIONS.
Staple Groceries.
Looal Jobbnig quotations:
tsJJGAR -Sack basis:-Cane,- granulated.
23c per pound.
HONEY New. $77.50 case.
NUTS Walnuts. 22f3Rc: Brazil nuts.
35c; filberts. 3035c; almends, 35c; pea
nuts. 14&156c; cocoanuts, $1.75 per dozen
r.y r. Blue Kose, 14e per pound-.
BEANS Small white. 7Hc: larite white.
7"c; pink, 8V4c: lima. 124jC per pound;
bayous, llltc: Mexican reds, 10Ac per lb
COFFEE Roasted in drums. 30&50c
Provisions.
Local jobbing quotations:
HAMS All sizes. 42o4Gci. skinned ia
46c; picnics, 25c cottage roll. 35c.
LARD Tierce basis - 24c: shnrtrnlnc
22M-C per pound.
DRY SALT Short, clear backs, 23 27c
per pound; plates, 21c.
BACON Fancy, 4UJ8c; standard, 829
45c per pound.
Hides and Pelts.
HIDES Se.lt hides, over 45 sounds. 14c:
green hides, over 45 pounds, 12c; salt
niaes, under 45 pounds, 13c; green hides.
under 45 pounds, 11c; green or salt salt
to 15 pounds, 25c; green or salt kip. 13
to 30' pounds, 15c: salt bulls, 12c; green
bulls, 10c; dry hides, 22c; dry salt hides.
17c; dry caif under 7 pounds. 30c; salt
horse, large, $6; salt horse, medium. $5:
salt horse, small, $4.
PiiLTs--ury line long wool pelts, 15c;
dry medium long wool pelts. 12c; dry
coarse Ions wool pelts. 10c: salt long wool
pelts. $2g.i; salt lambs wool pelts, 50c
$1; salt shearings, 25350c; salt clippers,
15 25c.
Wool, Cawcnra, Etc.
MOHAIR Long staple, 25c per pound.
TALLOW No. 1, 8c per pound; No. 2,
6o : per pound.
CASCARA BARK Per pound, gross
weights, old peel, 12c; new peel. 10c per
pound.
WOOL Valley, medium, 35c per pound;
valley coarse, quarter blood. 20c; coarse,
low and braid,- 15c; coarse matted, 12c
HOPS Nominal.
GRAIN BAGS Carlots: Spot, 15c.
Oils.
LINSEED OIL Raw. barrels, $1.83;
raw, drums, $1.90; raw, cases; $1.93; boiled,
barrels, $1.85 boiled, drums, $1.92; belled,
TURPENTINE Tanks. $1.96; cases.
$2.11.
COAL OIL, Iron barrels, 15Hc; tank
wagons, 25 He; cases, 38c.
GASOLINE Iron barrels, 296c; cases.
FUEL OIL Bulk. $2.10 per barrel.
SAN FRANCISCO PROBCCE MARKET
Am Can
Am H at L ptd
Am Inter Corp
Am Loco ....
Am Sin & lug
Am Tel fc Tel
Am, Woolen. . .
Am Z L A Sin
Anaconda Cop
Atchison
Ati (i ft W 1.
Bald Loco ...
Bait & Ohio. .
Beth Steel a.
B & s Cop. .
Calif Petrol...
Canadian I'ac.
Cent Leathei-
Chand Motors.
Ches Ohio.
C M & St P.
C R 1 P..
Chlno Cop ....
Colo Fu 6c lr.
Corn Prod . .
Crucible Steel.
Cuba Cane Sug
Erie
Lien Electric . .
Oen Motors . .
Gl Nor ptd..
Ot -N Ore ctfs
lnsp Cop
lnt M Al pfd
Inter , Nickel..
Inter Paper. ..
K. c Southern
Kenn Cop. ...
Mex Petrol...
Miami Cop. . ..
Mid States Oil 15,5iiu
Mldvale .Steel. .2.UO0
.Missouri Pac.
Nevada Cop. .
N Y Central.
N Y N H 4 H
Norf 4 West.
Nor Pacific...
Ok Pro & Rfg
Pan-Am Petrol
Pennsylvania .
Pitts & w va
Ray Con Cop
Reading
Hep lr It St.
Royal Dutch..
Shat Aris Cop
4.000
200
7IH)
2, OOO
300
BOO
4110
1.3O0
2.51)0
. 11)0
1110
300
4.100
200
100
loo
3,000
1,3110
1.000
300
Sin Oil & Klg 10.300
So Pacific 2.600
So Railway... I.BhO
S O of N J pfd 2)io
Studebaker Co 9.200
Texas Co..... 7.1110
Tob Products. 200
Trans Oil 3.UOO
Union Pae.... 1,400
V S Food Pdts 300
U S Ind AIco. HOO
V S Ret Stores 1.7oo
U S Rubber.. 1.7()
U S Steel 15.100
U S Steel, pfd . 200
Utah Cop 20O
West Elec 2DO
Willys-Over. .. 3,100
High.
70
33'
13
!)'
U4V
55
06
76
114
50
81
139
loliH
35 4
74
13
211-4
11844
10 :s
83-1
50
34 Va
34
26
32 .
86 V,
128
30
20
138
204
724,
32 4
46
24
17
75 4
l',
155 Vi
19
13
38 4
25 4
11 '4
71
34
89
74
3'.
SO
4o ,
27 44
1444
- .s-;
81
71
' B4
25-,
112 4,
28
10.-.
4 4
42
62
1 1
117V4
. 5S
SO
4
834
S"4
105
61 74
46
164,
Low.
79-4
32 14
13
61
1)4
64
95
75
114 "
50
SO
13S
1U4
34
72
164,
2S-),
116
50
83
56
S3 4,
34
26
31
85
127
3S
19
1I1.S 4,
20
7244
31
45 4,
24
17
i?
22-
153
19
12
37
24
114,
71
34
89
74
3-4
TO
o
XI
14..
87
80
70 '
o8
iilT4
27
105
62
41
61
10
117
.-s .
80
63
. 82
S5
105
01
46
16
Last
Sa-ie.
79
33
13
68
1 94 4,
04t
U5
75
11 V,
50
81
136
lo J '4
34
.. 72
17
23
116 4,
51
56 4
33
Cooke company ot Portland
Swift & Co '
Swift International
Llbbv. McNeil A Libby
National - Leather
Inrmu In Excess Reserve.
NEW YORK. Aug. 7. The actual con
dition ot clearing-house banks and trust
companies for the week shows that they
hold 113.171.120 reserve in excess of legal
requirements. This Is an Increase ot $-1,-257,640.
since laBt week.
Naval Stores.
SAVANNAH. Ga. Aug. 7. Turpentine,
firm. $1.5S; sales. 290 barrels: receipts,
526 barrels: shipments. 219 barrels; stock.
13.495 barrels.
Rosin, firm: sales. 1043 barrels: receipts.
106 barrels; shipments. 364 barrels: stock,
S8.99S barrels. Quote: B, $12: D. E. F. G,
II. I. K, M, , WO. WW. $13.75.
' Eastern Dairy Produce.
NEW YORK, Aug. 7. Butter, steady,
unchanged.
, Eggs Irregular, unchanged.
Cheese, barely steady, unchanged.
Dulutb Linseed Market.
nri.lTTH. Minn.. Aug. 7. Linseed,
$3.35 & 3.
1.42; to arrive. $3.35.
LITTLE ACTIVITY AT 6TOCKTARDS
Only Sales Are Two Small Lots of Hogs.
Prices Are Unchanged.
Aside from the sale of two small bunches
of hogs at $18.50, there was no ousiness
done at the stockyards yesterday. Re--elnt
were 81 cattle and 94 calves, the
34illlUeJ. a through shipment. General mar-
THE SERVICE BEHIND
THE INVESTMENT
PT IRrPAQIMP bonds from the House of
UIVVvnaOlHU Morris Brothers, Inc., is
merely a conviction arising- from the confidence
the investor has in ourselves and in our service.
Twenty-seven years of continuous satisfactory relationship
with the investing- public has entitled us to the on 'ftad enabled
as to protect the other.
Our purchasing and distributive organization embrace, the
Pacific coast, making possible choice selection and quick turn
overs" of the best municipal bonds obtainable.
You may have investments upon which you wish information or
advice; you may have investments which are retiring and require
reinvestment, or you may find it desirable to place your available
cash where the return will be profitable and the principal safe.
In any or all cases, you will find our service beneficial.
. Ask us for details of bond issues yielding up to 7?9-.
MORRIS BROTHERS, Inc.
The Premier Mnsticlpnl Bond Hovfte
Belwrn KMuhllahed Qaarter of si Ceotwry Telephone
5th and erst Morris Bide-., 30(4-11 Stnrtc St. Broadway
. Streets Capltrl One Million Dollam. 21.M
2
32
6
127 14
3S1
lu i,
13Si,
20 V,
72
32.
45
24
174
74
17H
23
1534
.19
1204
- US',
25
11V,
71.
34 Vs
74 '
3
8
--4UH
14 W
11
41 U
61 V
117
61
kst conditions were unchanfeQ - me
cloae ot the week. - ...
Official quotations at the Portland union
eiockvards were u Tallows:
, Cattle Price.
Choice grass steers tJlO.fKcf 10 R0
Medium and good steers....
Fair to good steers.......
Common to fair steers
Choice cows and heifers...:
Good to choice cows, heifers
Canners
Bulls
Choice dairy calves -
prime light calve
BONDS.
Medium liBht calves ...
Heavy calves ..........
Hest feeders
Fair to good heifers ....
Hogs
Prime mixed .
Medium mixed
Smooth heavy
Kough heavy
Pits
Sheep
ttast-of-mountain lambs
Valley lambs
Cull lambs
EWt'K
y cartings . .
Wethers
U S Lib 8s. ..90.tiAngIo-Fr 6s ... 0E4
do 1st 4a i- Ac x cv es. w.f
do 2d 4s ... .84.08) Atch sen -4s ... 75
do 1st 4t4s...8o.2D A K G con in 6 4
do 2d 4i48....84.7.N Y C deb 6s.. 8S
do Sd 4s. ...Sa.54iN P 4s . 73
do 4th 4 '4 8. ..So. Hi N P Ss 54
Victory 3s . ..Wo.tts Pac T & T 5s... 80
do 4s u.-.o, i'a con ... mm
U S 2s reg. .. .MOU-VS cv 5s !6
lo coupon .."luo-feo rty OS ...... B-
U S 4s reg 105 IV ir 4s 8l Vi
do coupon ..-H),- u S steel os... VI Vs
Pan s reg 77 I
do coupon . . . 1 1 i "win.
Mining Stocks at Roston.
BOSTOX. Aug. T. Closing quotations:
Ariz com . . .
Calu se Ariz.
Calu & Hecla
Centennial . .
Cop Range' . .
East Butte - .
Franklin
Isle Hoy a He .
lake Copper.
Motiawi
North Butte
9 lOld Dura 23 H
51i (Otceol 35
!75 IQuincy ........ 4fJ
1 1 Superior 4
86 ISup Boston... 3
lu Shannon ...... 1 Vi
55 (Utah Can 6
JS . Winona 25
2 I Wolverine
5U i tire en e Canan
. 14
13 H
24
Prices Current on Vegetables, Fresh Fruits,
Ktc,. at Bay City. ,
SAN FRANCISCO. Aug. 7. Butter Ex-
trat grade, ttOVic; firsts, nominal.
gK Fresh extras, BS-c; firsta, nom
inal ; dirty No. 1, 54 c ; extra pullets.
4U-c unaersisea, b. c
Chees-u Ola style California, flats, fancy.
32c; firsts, nominal; Young America, fancy,
3uc; firsts, nominal.
Poultry Hens, large, 35 39c; small. 21
25c ; strictly youn g roosters, colored, 38
&4uc; wnite, sdwsoc; old roosters, 18 to
Oc; fryers, 33 ft 40c; broilers, 36&38e;
ducks, liutg-iioc
Pigeons Old, $2.50 & 3 dozen; squabs, 60
& 7ac
Belgian ft a res i92Qc pound.
Beans 3 5c pound; lima, b&10c
Bell peppers Per lag box: - Kiver. 85
45c; Chile, 35&45c
Tomatoes Merced lugs, SOc&Sl; Sacra
mento lugs, $1 B' 1.50.
Cucumbers Natural growth. 40 60c
small box; ictij-si. lug.
i. Kg plant Per lug box, 75c$l.
Ptait Per pound, 7 10c
Summer squash Per lug, river, 40 & 65c:
do bay, 75c; Italian squash, 50 65c,
Corn Per sack, S1.50&3.
Potatoes River, $2.503.25: Col ma,
$4.254.60; Salinas, $4 1 4.50; sweet po
tatoes," 15&2uc per lb.
Onions- Vellow, $12; do red, 7fic
$1.25.
Bananas Central American, 8 6 9c; Ha
waiian, bit 10c per lb.
Citrus Valencia oranges, 84.50 6.25;
lemons, $1.503.75; grape fruit, $344.25.
Apples Red and white Astrakan.
tier, $11.75; 4-tier. $1.75(2.26; do Su
tler, $2. 25 !& 2. 50; Gravensteins, 3-tier,
$33.25; 4-tier. $2.&0&3 4-tier. $2.50fci
2.75; do B grade, $1.501.75 for 44 -tier,
$2 for 4-tier.
Peaches Per small box, $1 1.25, In
cluding wrapped; baskets, nominal; Los
Angeles lugs, $1.75 u 2,25; large lugs, $2
K3.50.
Plums $1.50 1.75 per crate or box; do
fancy varieties, 92 tr 2. SO.
Pears Bartlett. $2. 75 3.25 for wrapped
per box; $2 42.25 for No. 2.
Figr Double layer, $2.502.75.
Grapes Per crate: Muscat, $2.502 75
seedless, $2.504?S.
Avoc&does Per dozen, $7t?10.
Hay Wheat, fancy, $2830; light five-
Dried Fruit at New York.
NEW- YORK, Aug. 7. Evaporated ap
ples, dull; prunes and peaches, quiet.
INCREASE IN BILLS ON HAND
Gain of Fifty-two Million, for Week Re
ported by Reserve Board.
WASHINGTON. Ag. 7. Combined re
sources and liabilities of the 12 federal
reserve banks at the close of - business
August 6 were announced today as fol
lows: Resources :
Gold and gold certificates. .. $ 185.165.000
Gold settlement fund federal
reserve board 881,259,000
Gold with lorelgn agencies.. 111,31,000
Total gold held by banks. $ 677.055,000
Gold with fed. res. agents. . 1,150,343.000
Gold redemption fund 152.3u7,Ooo
6-50 9.50
7.75 (ft 8.50
6.50 7.75
7.25$) 7.75
6 50 7.25
2 50 -9 4.00
5.009 6.00
13.00 15.50
11.50r 18.00
0.00 (C 11.00
7 0o( 0.00
7.50 tr 8.00
6.0O4i 7.50
18.0018.50
17.50S 18.00
14.5 fii 16.50
12.0O6X 14.50
13.50O 1C. 50
11.00 11.50
8 .00 ftf 10.00
fl.OOW 8 t0
2 .25 t0 6.00
6.0uftt) 7.25
6.00 (ty 6.50
Chicago Livestock Market.
CHICAGO. Aug. 7. Cattle Receipts
1500; market, compared with wee kago:
strictly choice hanay weight steers and
best yearlings, strong; choice heavy
beeves, slow ; common, medium and good
steers, 25(&50c lower; cows and best heif
ers, 50c higher; -medium and common
kinds, steady to higher; bologna bulls,
nigher; others steady to 25c
higher; veal calves, $1.00&l-0 lower; Rood
stockers, 50c lower; undesirable kinds,
5o-?t 75c lower.
Hogs Receipts 3000; light and light
butchers, steady with yesterdays average;
others mostly 104 15c higher; top, $1G.30;
bulk light and butcher hogs, $15.a5&-16.25;
bulk packing sows, $13.i0& 14.25; pigs,
steady. 15c higher; bulk desirable kinds.
$14.iH4 15.40.
Sheep Keceipts hju; ma met steaay;
receipts direct, compared with week ago:
Western fat and feeumg lam-Ds, ioci
lower; native lambs. 25&5oc lower; fat
sheep. mostly steady; breeding ewes.
strong to iic higher.
Kansas City Livestock Market.
KANSAS CITY. Mo., Aug. 7. Cattle
Receipts 70O; market for week: Beef
steers. steady to 0 cents lower; she stock.
mostly 50&4OC lower; canners, isoc lower;
bulls, 25&50c lower; calves, $2&4 lower;
bulk stockers ana leeaers, ooc(a 1 lower.
Sheep Receipts 400; market for week:
Lambs, receipts practically mil natives.
best offerings 25 & 50c lower, others at
50fe73c lower; fat ewes, steady; yearlings.
steady to 50c lower; breeding ewes, 2ofcj
50c higher; teeoins; sneep ana lambs.
weak.
Seattle Livestock Market.
SEATTLE, Wash., Aug. 7. Hon Re
ceipts, none; market steady. Prime, $18. o0
$i 10.00; medium to choice, $i7.oogFi8.oo;
rough neavies, si.ou-sp io.ou; pigs. si.outf
15.00.
attle Receipts 125; market weak.
Prime, $10.50 & 1 1.00 ; medium to choice.
$9.o0lo.00; common to good, $.0
Q.oo; best cows and neicers. $7.2SjtT.75
medlusn to choice, $5.0 Q 6.50; common
to stood. 84.5OQ5.50; bulls, $5.0s46.00;
calves, $7.0014.(W.
Omaha Livestock Market.
OMAHA Aug. 7. Hogs Receipts 5000
market generally steady to 10 cents higher.
Bulk. $14.00 & 14.7: top, sid.,3.
Cattle Receipts 800; -compared with
week s-bTo: Beef steers and butcher cattle.
steady; veals, -steady; stockers and feed
ers. - firm.
Sheep No receipts; compared with week
ago: Lambs. $1 lower; siieep, DOfff ic
lower; feeders. 5oc lower.
14AIC1MG
If you buy n article for 4c and tell it for 20c and the total selling ex
pense is 0c, you. make 10c lhat's plain. We are. now btivinp salmon for
4c a pound, packing them at a cost of 6c a pound and sellins thein for Hue
a pound. That's 10c a pound profit. We expert to pack 25,000 cases
of salmon this year. There are 50 pounds of salmon in a case. Figure
the profit. We own and are oneratine; a larp:e salmon cannerv. a peneral
store, a hotel and a growing water transportation business. Our new boat
carries 5 tons, makes her run in 7 hours and the freisrht rate is $15 a ton
each way. The operating expenses of the boat are about $500 a month. Vig
ure the profit. Our hotel and general store are without competition and
are doing a fine business. The greater part of the immense sums we
pay out for salmon will be traded out in our store. We are building a
new tourist hotel to take care of the growing trade. We are a
froinjr. grom-lnR concern that ha made progress every day since we
org-anized. Our capital stock i$ $100,000. fully paid and non-assessable.
Our officers are endorsed by the commercial club, banks and business
houses. Just now we are sellinar stock in the company at 10c a share.
On AMsrnst 12th the price will lie advanced to S5c a xhare, because w
think onr arrant proums warranlM it. This is positive and the last
warning to-buy .VOW. Our circular tells all about us. Send for one today.
Queets Trading Co., Hoquiam, Wash.
ACCHfTS EVENED UP
WHEAT TRADE TAKES
RISKS OVER SODAV.
Chicago Prices Close 2 14 to 4 Cents
Lower-- Corn and Oats Are
Also Down.
total gold reserves $1,080,605,000
Legal tender notes, silver, etc. 151.10.000
Total reserves 92,131,744,000
Bills discounted, secured by
government war obligations 1.2S5.398.000
All other bills discounted.... 1,1104, 430,000
Bills bought in open market.. 330,3yo,uO
Total bills on hand $2.880. 23.000
U. S. government bonds 20,81 0.ooo
U S. victory notes &.O00
U. S. cert, of Indebtedness.. 271.400.ooo
CANTALOUPES ABE IX OVERSCPPLT
Saturday's Receipts Too Heavy for Market
and Prices Decline.
The cantaloupe market was in a bad
way yesterday. Receipts were too large
for the end-of-the-weeK demand and the
quality of most of the offerings "was wire bale, 26W28; tame oats. $26628
also against sales. . Standards were quoted 1 wild oats, $Ju&2mJ; barley, 20(S23; al-
at 44.50; ponl-ss at $3.2563.50 and Ialia I,r5t -vy-o; secona cutting.
Total earning assets $3,187,592.0 to
Bank pre i nisei 14.444.000
uncoiiectea items ana otner
deductions from sross de
posit 733. 683.000
5 per cent redemption fund
against F. R. bank notes. 12.C44.000
All other resources 3. 331. OO0
...$6,083,443,000
Total resources
Liabilities
Capital paid in, $ '95.341,000
Surplus 64,715,-00
Government deposits r 20,253,000
Iue to members, reserve acct. 1,816, 708.OOO
Deferred available items . . .- 540.77ti.0o0
Other deposits, including for
eign government credits.. 44.821,000
Total gross deposits $2",4ol. 650,000
Federal reserve notes in ac
tual circulation $3,141,861,000
Fed. res. bank notes in cir
culation, net liability 14. "34,000
All other liabilities 65.012,000
today. P. 14. report of preced-
FORKCASTS.
Portland and vicinityFair; northerly
winds.
Oreson and Washington Fair, except
probabiy thunder storms In mountains of
ast portinn; moderate northerly winds.
Idaho Fair except probably thunder
storms in the mountains. .
flats at $1.75. Watermelons also suffered
in quality and this hurt the trade.
There was a full Bupply of California
peaches on hand and othe? deciduous fruits
were fairly plentiful. There were also
enough berriss for all requirements. Straw
berries were offered at $4.50 5 a crate.
A straight car of Yakima tomatoes will
arrive Monday. Shipments of eggplant are
coming in from The Dalle and Bingen.
A car ot California grapefruit, is due Mon
day. BaAk Clearing. .
Bank clearinss of the northwestern cities
yesterday were as follows:
Cleartr:rs. Balances.
Portland . .$5,147,872 7s0.0H0
Pattie 5.S15.111 Bo.8o3
' Taconxa 725.434. 76.772
$24 28.
Wheat $3.60-3.80; barley. $2.30 2.35;
oats, $.30-2-50; corn, nominal.
. Berries Strawberries, 8-oz. baskets. 50
65c drawer; 12-oz. baskets, 7590c;
raspberries, TS'fl'OOc v per drawer; black
berries. $7Gr9 per chest;-old loganberries,
$10 13; black logans, $6.50-7.60 per
coast. . .
Melons Cantaloupes, honey Clew. $1 9
1.25 for flats; Turlock Cantaloupes, stand
ards. $1.76&2; ponies, $1.25:&1.50; fiats,
75ci $!; watermelons. 2 g 2 c per pound.
Receipts--Flour quarters. barley
16O0 centals, oats 1600 centals, beans 3G67
sacks, corn 125 centals, potatoes 1153
sacks, onions 48 sacks, hides 336 rolls, or
anges BOO boxes.
Cotton Market.
NEW TORK, Aug. T. Spot cotton, qulef
middling, 30.00c,
Total liabilities , . . ..$6,083,443,000
Ratio of total reserves to net deposits
and federal reserve not liabilities com
bined, 44 per cent.
Ratio of gold, reserves to federal re
serve notes In circulation after setting
aside 35 per cent against net deposit lia
bilities. 48.9 per cent.
LIQUIDATION IX 8TOCK MARKET
Harried Selling Results From Gravity of
Polish Situation.
XEW YORK. Aug. T. The stock market
during the week was sensitive to European
news, domestic Industrial conditions and
movements of foreign exchange rates. Only
momentary benefit was derived from con
structive influences. The Polish situation,
with a drop of 15 cents of sterling caused
liquidation, and gave bears opportunity to
raid prices.
The abundance of stocks for sale and
the tact that there was little or no out
side demand II lustra ted the professional
character of the dealings
Bulla were unwilling to support their
favorites, largely because of the uncer
tainties surrounding the business ouiiook.
Evidences of economic readjustment, toes-ether
with poor earnlnrc. the freicht con-
i gesuon and fuel shortage, provoked dis-
DAILY CITY STATISTICS
Marr-ia re L!ee.
1UNKE-PETERSON Herman H. Junke
2. Il."i2 Ktlpatrtck street, and Hedwig M
Peter,on. 21. 174 Wait .treet.
. "7.ij!(1X-JARES RudolDh Nel.on.
sal, 737 East Twenty-second street, and
Uuntllia J.ren, icgui, ij iwcni;
..onnd street.
HTVSDELL-DEXTER GorM W. Him
dell, legal. Elgin, 111., and Mary E. Dexter,
le7Bl. Gordon hotel.
OROEGER -MORROW John L. Groeger.
30. 10 East Tenth street, ana orace Helen
Morrow. 21. I" Lincoln street.
r.r.RTSE.V'-BEEDE Lara Uertaen. 32.
6242 Ninety-second avenue Southeast, and
Mary K. Reede, IS. Imperial hotel.
6HAW-GUNTLET Frank Shaw, 24. 282
West Farragut street, and Marie K. Gunt-
ley IS. XH-i west rarragut street.
BLACKMAN-REISCHMAN Alfred Ed
win Blackmail, legal, 449 Millers avenue,
and Mrs. Anna fteiscnman. legal. 341 Mil'
lers avenue.
TA W-EKFIXGER Herman F. Taw. le
gal, Milwaukle. Or., and Helen V. Kefinger,
legal. Almlra apartments.
MI NOR-A MS BERRY Lewis W. Minor,
21. Mcro, Or., and ona At. Amsberry, xi,
4S"t Sixth-fourth street Southeast.
FARRAR-BAKBR Carrol H- Farrar. "a.
Denver, Colo., and Edna E. Baker, 20,
ijroadway hotel.
RITCHEV-rlO Donald H. Rttchey. 2'
Astoria. Or., and Gladys lren. Pio. 23. 112
East Harrison street. -
K.OLDEN-SUNDEM Ralph Kolden. 28.
303 Cook avenue, and Myrtle A, Sundem.
22, 3UU LOOK avenue. .
SO
nothing in the outlook upon which to
nase hopes of p-tmai.ent advances, and m-
expect prices will continue to drag irreg
ularly lower.
Loading futures ranged as follows:
Dee. . . .
March.
Sept..
Dec. . .
Sept.
Dec .
Sept. .
Oct . . .
WHEAT.
Open. Hish. Low. Close.
2.:U J2.3.-. 2 1!0 2.32
2S3 2.S7-4 2.3114 2.3514
CORN.
!- 1 47 1.43 1.4.1-4
1.21 1.25 1.23 . 1.23
OATS.
.T2(, -.'Shi .71 4 .7t
.TU'i ' .71 .6a"4 .70
MESS PORK.
25.50 20.00 23.30 25. 65
20.50
slightly lower, but the jjremluin over 1 S7-il.uf.
nber advanced 1 cent. In Minneap- Flax. N
CHICAGO, Aug. 7. There was a dispo
sition In all tee grain wta todajr t. even
up commitments tor the week, aa the
rtirtt ot raTTTITig Itnea in either hng or
short grain was Deemed to be too great
viw of the critical situation in r.urope.
At the close, wheat Ihowei a net loss of
4 to 4 cents wltn iiecemaer
2.33 and March f2.anhi. Com was down
"4 to 3r)a cents; oats anowea a uecune
from to 1 cents, while provisions
were unsettled, pork and lard being up
and ribs lower.
Wheat broke annrpiy dux laxer on re
ceiving good support rallied and prices
were earned above tne low point ui me
day. Increasing receipts as well as the
less threatening situation in European pol
itics were factors which made the bull
Ide unpopular. The market lluctuatea
rithln a lair rnnre and there was some
buying of wheat futures credited to north
west account.
Lints were weak because of liquidation
by commission concerns and locai onca
rovsiona were unaetuea.
The Chicago market letter received yes
terday by overbeck Ac Cooke company of
Portland said:
Wheat Buving by northwest ana min
ing interests at the decline took the sur
plus and gave the market a firmer tone
toward the close. uaaQ prices locany
w ere s
December advanced
olis spring wheat was weak and 10 cents
ower. Exporters were not in toe mar
ket. The Kuropean political news win
have much to d. wltn shaping the course
ot fluctuations, as wheat is an export
proposition. . i, ,'
Corn Alter a " - R 1 "
was largely an evenlng-up over tunua.
with short covering ratner conspicuous
Unexpected rains where needed In Illinois
and lowm took from the bulls their chief
argument for higher prices. The cash
market was relatively weak In face of
light receipts, declining anoui i cems.
The forecast is for additional snow ers in
v.l trrilnrv tonltTTlt. csmau receipt., am
in sight for some little time, due to tbej
demand for trars to mv awm
the outlook is lor UDerai supply an u
new crop is well assured and the producer
begins to dispose of his old surplus. In
n,,r mornlntc letter we advocated covering
ot shaft contracts on the reaction, having
In mind the uncertainty ot mm ""a
over Sunday. We regard the domestic
corn situation as being conducive to lower
price.
Oats had an Independently weak ap
pearance most of the day, with the late
rally due entirely to short covering and
not based on anything constructive In the
way of news. Country offerings to ar
rive were reported as rather liberal, with
the movement hampered by the car sit
uation Receipts of 63 cars here today
disclosed inadequate buying power and
spot premiums were reduced from one to
four cents. This market lacks an Influen.
tial sustaining factor.
Provisions held within a narrow range,
with shorts taking the bulk of the ofler
Ings The position of hog products hms
shown no material change for several
months and despite the disposition to ex
pect a recovery after such a persistent
downturn the fact remains that there is
SHORT RIBS.
Sept IH.O.-i 11107 1SS0
Oct 19.10 in.42 10.10
RIBS.
Sept 15.6S 15.55
Oct 10.05 16. 05 15.io
Cash prices were as follows:
Wheat No, 2 red. 12.45; No. 2 hard.
2. 43 2.45.
t orn No. 2 mixed. 1 1.54 "A.
Oats No. 2 white, 70V4SS;c:
white, 74t2$7i'"4c.
Rye No. 2. 1.!2.
Barley SI. 08 ' 1.1.1.
Timothy seed $sill.
Clover seed S2543 30,
Pork Nominal.
Lard IIS. 75.
Ribs 115 ig 1 25
l!.no
10.3T
1.1 55
15. UO
No. S
Seattle Vraln Market.
SEATTLE. VTi.ii., Aug. 1. Wheat, hard
white, soft white, red Walla Walla, north
ern spring, hard winter, red vlmee.
white club. S2.2G.
City delivery: Feed, scratch feed SkT:
Teed wheat. 1113: all grain chop. 7; oats.
".; sprouting oats, ITS: rolled oats, $7S:
whole com. f3: cracked corn K1 ml i.ri
barley. S70; clipped barley. S7i. :
Minneapolis 'Grain Market. t
MINNEAPOLIS, Minn, Aug. 7. Barley.
1. J.I :
We own and offer for immed
iate delivery the unsold portion
of
$200,000
Province of
British Columbia
5-year 6
Gold Bonds
at 92.85 to yield
3
Vancouver Marriage Ucetues.
METLER-M AYES Arthur W. Metier.
32, of Portland, and Annie Mayes, legal,
ot Portland.
EMETRY-JONES Arthur D. Emery, 43.
of New York, and EUa F. Jones, 36. of
Portland.
KEE-WALKER James R. Kee, 40. of
Stovenson. Wash., and Mrs. Delia Walker.
43 of Stevenson, Wash.
BEEBE-GATES Charles F. Beeoe, ,e
g&U ot Portland, and Cltaxlotte Uates, lo
cal, of Portland.
LAMBERT-BRADLEY Ivan Lambert,
24, of Portland, and Ida .Bradley. Z., ol
Portland. .
TRENT-GRAVES Alonzo Trent. 21, of
Rickreall, Or., and Wilraa Graves. 13, of
Rickreall. Or.
SH1NAULT-BAVAIRD Ray Shlnault.
legal. o Seattle. Wash., and Ruby il.
Ba.va.rd, legal, of Seattle. Wash.
Reichstag Passes Disarmament Bill
LONTXJN. An jr. 7. The German
reichstae Thursday passed the dis
armament bill and adjourned until the
middle of October, says a wireless
dispatch from Berlin.
There Is a . ,
600
profit possibility in buying
German Bonas today. We oi
fer: City of Berlin 4
City of Munich 5
City of Leipzig 5
State of Bavaria 4
Benz & Co. 5
General Electric 4Ji
Write for descriptive cir
cular and price list.
Transatlantic Estates &
Credit Co., Inc.
222 Chamber of Com. BIdg.
Due July 27. 1925.
Denominations $500 $1000
Principal and semi-annual In.
teres payable In U. S. Gold Coin
in New York.
Cash or partial payment plan.
Wire orders "collect."
5,rrliHSnH
IHU-SfiTHfe-
"-..'VJ 1 1 1 I ' i-:
I
Sca-xso ruxxC maim 646
tKXTHammfUt BANK BLD6.
OVERBECK &
COOKE GO.
Brokers, Storks. Bonds. Ca-itaa.
Grain, Etc
E16-217 BOAKU Of IKADB BLDO
ULMUlCia CHICAGO BUAJU) Of
IUAU
MEMBERS
C-arreapondenta T Lojrao BtTaa.
Chicas aad Natr York.
New York Stock Exchanga,
Cblca.ee Stock Excbaoxa
Boston Stock Exchanca.
Cbicaso Board of Trade.
New York Cotton Eschar..
New Orleans Cotton Exchange
New York Coffee Ex chance.
New York Produce Exchaoca.
UreriMM). Cotton .aaaociatioa.