The Sunday Oregonian. (Portland, Ore.) 1881-current, November 21, 1920, SECTION TWO, Image 47

The Sunday Oregonian., November 21, 1920, SECTION TWO, Page 23, Image 47

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Newspaper Page TextTHE SUNDAY OREGOXTAX, PORTLAXD. NOVEMBER 31, 1920 POTATO PRICES HAVE VERY WIDE RANGE Quality of This Year's Crop Is Not Even. FEW HAVE BEEN MOVED Shippers Pay From $1 to $1.50 at Valley Points, According to Quality. There haa bwn no improvement in the potato situation and the trade does not look, for any soon. bales tor shipment to outside points have been few in num ber and the wide range of prices ruling how the erreat variation in the quality of the crop. A few cars were bought Jn the ralley during the week at $1 and other cars of the beat grade were pur chased . on the east side at $1.50. These were taken for shipment south. In the jobbing trade retailers pay any where from LuO or even lower, up to $2, according to quality. A good many f the country offerings are inferior and some unsaleable because of rain damage and blight. There are also many com plaints by dealers of poor grading by growers. Quiet conditions alio prevail in other northwestern markets. Idaho growers are getting $1,106-1.20 for Rurals and $1.25 491.20 for Russetts. The harvest was late In that state as in other sections. Ship xnents from Idaho during October ran from 800 to 1000 cars less than for the same period last year. This decrease may be attributed partly to . backward digging a.nd partly to the fact that many growers are storing their crop on the farm and holding for better prices. More or less scarcity of cars has tended ' to retard the movement because local dealers have been unwilling to buy potatoes except for immediate shipment. The eastern markets during the past week were generally steady. Round whites at New York shipping points ranged from $2 to $2.15 a hundred. Conditions were somewhat unsettled late in the week, prices closing $2$2.10. At Maine f. o. b. markets, bulk Irish Cobblers and Green Mountains declined 10 dp 15c per 100 pounds, closing at $1.75 ) 1.80. Northern . round whites were steady at a range of $1.8(VfT2.08 f. o. b.. with the movement light. Haul tugs have been light also in Rocky mountain producing sections and prices steady at $1.151.&5. Maine Cob blers and Green Mountains sacked and bulk were steady In New York and Bos ton at $2.35(2.50. Eastern round whites were dutl and steady at $2.10(2.65 in consuming markets. Sacked northern round -whites partly recovered last week's sharp decline in the Chicago carlot market, prices showing a net gain of lO 15c, closing at $2.05 2.15. Other consuming markets were firm' and advanced moder ately to a closing range of $2.10 fg 2.65 Shipments were lighter than the pre ceding week with 5046 cars compared with 60.10 and with 4470 during the cor responding week last season. WHEAT AT LOW POIT OF TEAR BmatI Amount of Selling Reported From Country at Current Prices. 'Wheat prices on the local board fell trf the lowest point of the year yesterday. when $1.50 was bid for hard white .and club, $1.45 for other white grades ana $1.42 for red. These offers were 2 to 5 cents lower than those of Friday. Country reports told of a little business being done with farmers at the decline. The feed' cereals were also weak. Oats averaged 50 cents lower and yellow corn dropped off $1.50i 2.50. Barley bids were the same as the day before. No change was made In the flour list, fcut the price of millrun was cut another aollar. - The weather forecast for the middle west, as wired from Chicago: "Region of Great Lakes, temperature normal with overcast, rains and snows "Wednesday,, fol lowed by considerable colder. Ohio valley and Tennessee normal temperatures until "Wednesday or Thursday, then fair and considerably colder." London reports 17,000.000 bushels of Ar gentine corn headed there. Italy was in the market for rye and obtained 100,000 bushels Friday at the seaboard at 21 cents over Chicago De cember. Terminal receipts, tn cars, were re ported by the Merchants' Exchange as follows: Portland fTht. Bry. Fir. Oats. Hay. Saturday 33 2 5 4 7 Year ago 27 ... 10 5 4 Total, this week 229 19 34 12 64 Year ago 154 2 77 54 reason to date 65M2 inn Year ago Ta co ma- Friday 5 Year ago is 7 Season to date. . 27 7 30 405 6 442 Year ago 3172 55 .... 107 473 Seattle - Friday 11 1 2 5 2 Year ago 36 J, 4 5 S Reason to ate..?6Bl 148 their turkeys direct In the country and others will be supplied from the arrivals on the street today and tomorrow. It looks now like a steady market with enough to go around and no surplus, but It Is never safe to predict what the supply will be until the last moment, as many shippers fail to serve notice to receivers as , to the quantity they will forward. There were also fair arrivals of other dressed poultry. Fat geese were quoted at 35 cents.. Live poultry sold at the usual prices, but not much business in this line is expected in the coming week. Country dressed meats dragged at lower prices. Pork sold mostly at 14 15 cents. but some good light hogs went as low as 12 cents. The top price on. veal was 15 cents. SHARP DROP IN LENSEEO OIL NOTED Decline of SS Cents Gallon Is Announced. Turpentine mad. Lead Also Lower. -Sharp declines in linseed oil and turpen tine are announced, reflecting, lower mar kets at primary points. Linseed oil is down 2S cents a gallon and at 96 cents for raw oil in barrels,, the market Is under the dollar point for the first time since Octo ber, 1916. The top price was $2.46 in Au guKt last year. Turpentine declined 10 cents to $1.56 for case lots. Vt hite and red lead and litharge are le lower. The new quotation in ton lots is 13 cents a pound. . Hop Market Is Lifeless.' The week passed without report of a single bale of hops being- sold. The eastern trade shows absolutely so Interest and Eng lish demand is .lacking. The English gov ernment has uwued a permit for the im portation of 3000 bales from' this country. Thin applies to hops already purchased and has no bearing on the market. In the ab sence of business it is Impossible , to ay what hops are worth now. No Change in Print Butter. Ko announcement was made yesterday of any change In print butter prices for the opening of the week. Cubes were In some-, I what better supply but sold at the previ ous day's prices. Kggs did not go out as well as usual on Saturday. Prices were unchanged and are likely to remain so for the week. Bank Clearings. ' Bank clearings of the northwestern cities yesterday were as follows: Clearings. Balances. Portland $0,5i0,9 $1.28.733 Seattle 5.407,624 1,349. 201 Tacoma 576.994 112,053 Spokane 2,050,202 819.891 Clearings or rortiana. beatue ana i a- coma for the past week and corresponding week of former years were: 1 Portland. Seattle. Tacoma. 1020.. .$40.05U,388 $37.549,Xi5 $4,82.476 45,285.323 5,700,447 SELLING IS RENEWED STOCK LIST IS AGATJf ODER PROFESSIONAL FTfESSUltF.. Many Xew Low Records for Tear Are Scored Kails and . Shippings Firm. NEW YORK, Nov. 20. Today', brief kmIod of the stock market began with fresh unsettlement, due to renewed liqui dation and professional 'pressure anions' leaders of the steel,' equipment and oil groups. Crucible Steel extended yesterday's heavy loss by almost five pointa to the year's low or so. and Baldwin Locomotive ana Mexican Petroleum- Joined the many mini mum quotations for the last 12 months. Sundry specialties continued to ease on what seemed like belated selling of pool holdings. , These adverse factors were balanced by the firmness of rails and shippings, but buying was mainly for short covering to close contracts. Sales were 575.000 shajrea. Advices and general developments - were more encouraging. ' Bonds were dull and uncertain, although several liberty Issues and the victory notes closed at moderate advances. Total sales, par value, $7.175,QpO. Old United States bonds were unchanged on call for the week. - . The clearing house statement disclosed a surprisingly moderate decrease of actual loans and discounts, considering the week's drastic liquidation of stocks. Reserves of members at the federal reserve bank de creased about S24.4O0.OO0 and excess re serves fell to slightly less than S12.500.000, against the previous week's total of S32,. 200,000. , . , ,.' . , Among professional traders, every .suc cessive setback evoked grave references to the "healthy reaction" or "salutary re adjustment." There was ample Justification for the belief that much of the latest liquidation, especially in rails and oils, emanated from European centers, notably London -and Amsterdam. The. weakest spot in the foreign' situa tion was that comprising Latin-American countries. Further cancellation or abso lute rejection of imports from e.his market to Cuba and Central and South America gave point to the suspended dividends of the American International corporation. Additional price concessions in steel Iron, copper and other raw and finished materials were measured In terms of cur tailed production, deficits in earnings and reduced wages. Rates for call and time accommodations were easier, but the deadlock in the in vestment situation and absence of new capital offerings seemed to carry their own refutation of any actual improvement in the money market- GOLD BESEBTE RATIO INCREASED Seven-Tenths Per Cent Gain Is Keeorded in Pas, Week. y WASHINGTON", Nov. 20. The condi tion of the 22 federal reserve banks was as follows at the close of business No vember 19: Resources ' Gold and gold certificates f 170.266,000 Gold settlement fund, federal ' - reserve board 400.R7S.0o0 Gold with foreign agencies. 74.303.000 requirements. This is a decrease of $19. 735.600 from last week. NO . TRANSACTIONS AT STOCKYARDS Feeling in All Lines at Close of Week Is y Unsettled. No business was transacted at the stockyards yesterda. There was a direct shipment of 100 head of cattle, but no other receipts. In the absence of sales no changea were made in quotations, but' the feeling in all linea at the close was weak. The following are livestock nnniailnn. m.i the Portland Union stockyards: Choice grass steers S 8 25 9 00 Good to choice .steers 7.25' 8 25 Medium to choice steers...... 625 7.2J Fair to good steers &.75ep 6 23 Common to fair steers 5.00(9 5.75 Choice cows and heifers'...... 6.256? 6 75 Good to choice cows, betfers.. 0.25 6.25 neaium to gooa cows, neilers. ,25jtf 5 it Bulls : e.r.nr, an tnoice. dairy calves ......... 33. 0014. o- 1U1U. 1918. . 1917. . 1U16. . 1915. . 1914. . 1913. . 1912. . 1911.. . 3s.145.0tl5 . 34,700,223 . 27.787.281 . 16.301.061' ,. 9.035,1 19 . 10,420,090 . 10.53tS.B9 , . 9.1WO.071 . 9,467, 490 26.975.4U0 20,074,497 10.768.S75 10,167,158 12.410.045 IO.SSO.563 10,460,721 3,826,265 2.394,245 1,656.674 1.624.734 1.647.041 3.466.158 3.593.249 Sales. Rlgh. T-ow. PORTLAND MARKET QUOTATIONS Grain. Floor, Feed. Ete. Merchants' Exchange, noon session: -Mia Nov. . .$ 1.50 43.50 42.50 45.00 43.50 Dec. Jan. S 1.50 . S 1.50 1.4a l.a 1.52 1.45 1.45 1.42 43 50 42.00 45.00 . 43.50 34. OO 35.00 1.55 . 1.45 1.45 1.42 43.50 42.00 45.00 43.50 34.00 35.00 12 356 243 802 .4602 115 1S20 316 1 1 54 1 6S J1 344 351 659 Year ago 2.; 4 J 133 APPLES IN TRANSIT ARK SOLD Wheat Hard white ... Soft white .... White club .... Hard winter Northern spring Red Walla Oats No. 2 white.... No. 2 gray tfarley Brewing Standard feed . Corn No. 3 K. T. shipment 35.00 No. 3 1. delivery 40.00 FLOUR Family patents. $10.40: hakerr' hard wheat. S9.50: bakers' bluestem pat ents, $9.25; valley, $8.75; straights, 18.50; whole wheat, ss.su: granam, ss.too. MILLFKED Prices f. o. b. mill: Mill- run, $44 per ton; rolled barley, $5456; roiied oats, S53; scratch feeu 6U per ton. CORN Whole, 53; cracked. 56 per ton. HAY Bu,.m prices, f. o. b Portland: Alfalfa, $22.00 23.00 per ton; cheat, $22 2.. ciovt, o; vallwy . tlmolio. . -to. Eastern Oregon timothy, -.S3U, .. ...... t . , . Dairy and Country Produce. BUTTER Cubes, extras, 54 55c per lb.; prints. ' parchment wrapped, in box lots, 59c ner bound: cartons. 60c. half . more; butterfat, buying price. 5354c per pound at stations; &To Portland aellvery. lKitiy liuyme Dfice. Ciute count. TOc pullets, 58 62c; Jobbing prices to retailers. candled, lie: selects, b-c CHEESE Tillamook, triplets, price to jobbers f. o. b. Tillamook. 30c; Jobbing prices, Portland: Oregon triplets, 29c; Washington triplets, auc; Young Ameri cas, 33c. POULTRY Hens, 21930c; springs, 25c; ducks, 26n?35r: geese. 25c; turkeys, live, 35c; dressed, choice, 48c. POKh- fancy, 14Q1DC per pound. VEAL Fancy, 15c per pound. Fruits and Vegetables. FRUIT Oranges, navels. $7 & 8.60; lem ons. $4.5Ufe6 box; grapefruit, $4fe9 per box; bananas, 12V3&13ftc Per pound; ca uabas, 34j4c per pound; grapes, $o.6U per crate. lttc per pound. ; pears, txau per dux huckleberries. 18(ii'22c per pound; cran berries, coast. $4.5up5.50 per box; eastetrn. $1642119.50 Per barrel; apples, $L2&p4 per DOX. VEGETABLES Cabbage, 1C per nound: lettuce. S3.25&3.15 per crate; cu cumbers. X2 per dozen; carrots. $1,756? 2.50 per sack; garlic, 25c; tomatoes, $3.25 per lug; beets, szea'Z.ao per sacs.; turnips, S2.50 ner sack: eggplant. 15c per pountl; cauliflower, $1.75 per dozen; celery, 7oc0 SI per dozen; green peppers, lac per pound sprouts, 17&2uc per pound; squash, 2 Vic nar oound: Dumpkln. zc per pouna. Dounds: Yakima. $2.50(33; sweet potatoes, uiiuriic oer DOUDd. OMONa uregon, SI. to per sacs.; v.uu tornla brown, $22.25 per sack; pick ling, 810u per pound. Btauis Groceries. Am Beet Susrar 1.O0O 51 American Can S.100 23 Am Car A Fdv 4.200 122 Am H & L Pfd 2.00 45 Am Inter Corp 6.200 43 American Loco 2,400 81 14 , Am Smt & R 5.200 ' 44 American Sug 6.1KM) 94!4 Am Sum Tob 1.7O0 71 Am Tel Tel 2,oo f04 Amer Woo'en 1,200 64 Am Z. I, AS' 2O0 Anaconda Cop- O.OOO- 38 Atchison .... 1.6O0 84'. Atl Gf A W In 2.6O0 107 Baldwin Loco 20.500 93 Balti A Ohio 7,000 38 Bethle Steel B 14.KOO 53. But Sup Cop BOO 11V, Cal Petroleum 1,600 IS'!, Canadian Paci 2.500 " 136 Ontrl Leather 1.400 367, Chandler Mtrs 1.600 74 44 Ches & Ohio 2.6O0 . 63V Chi Mil 4 St P 3.600 84 Phi R I A Pai 4.300 30 Chino Copper., 5,100 20 Colo Fl & Iron 500 2814 Corn Products 6.700 71 M Crucible Steel 4.3oe 8914 Cuba Cane Sug r 8O0 26 Erie . .... 3,200 16 Cenerl Electric 1.3O0 12214 Grt North Pfd 4.9O0 7S Gt No Or rtfs 9no 2nT4 Illinois Central 300 87 nsplr Copper 3.200 . 3'1 nt Me Ma Pfd 6.000 53 nterna Nickel- 3.700 14 nterna Paper 3.400 . 4614 Kan Ctv South 2.SOO 20 Kenne Copper 3.000 10 Louis A Nash 100 100 Mex Petroleum 0,000 155 Miami Copper 500 1B Mid states Oil B.loo 12 Mlrtvale Steel 11.RO0 31 Vi Missouri Pacif 2.BOO 22H Nevada Copper 1.200 8 New York Con R.noo 75 N Y N H H 7.SOO 2414 or A western 7O0 97 Northern Pari 8.000 8514 Ok Pd & Rfg 3.1O0 3 Psn-Am Petrol 5.1 00 73 Pennsylvania.. l.SOO 40 Pitts & W V'a SO0 27 Pay Con Cop 3.100 10 Heading 13.41)0 . Rep Ir A Steel 2.700 6B Royal D N Y , 4.SOO 6S Shat Aria" Cop I 3O0 .1 Shell Tr A Td 200 44 In Oil A Rfg H.flOO 2.1 14 oothern Pac 16.500 110H Southern Rwy 12,300 24. S O N J Pfd 400 623 Studcbak Corp R.700 42 Texas comoanr 7.6O0 47 Texas A Pacif z.ioil 21 Tobacco Pdts 4.600 50 Transcontl Oil . 6.S00 R nlon Pacific 2.1O0 120 II S Food Pdts ' 2.400 30 U S Ind Alco 2.600 70 '4 U S Rtl Ftores s.r.iwi 55 S Rubber.. 3.5HO fM S Steel .... S3.KOO SI S Steel Pfd' -400 105 Utah Cmper. . 2 ft0 51 West Electric 3.300 41 Willys -Overld .7.400 . 7V4 BONDS. Few Sales Are Reported at F. O. B, Points; Prices Hold Steady. There was moderate movement in the local apple market yesterday without fur ther change in prices. Not many sales were reported at country points, but a good many rollers were disposed of. In the Yakima district Romes, extr afancy, the Yakima district Romes. extra fancy, large, at $1.35. - Extra fancy Winesaps, onedium to large, brought $2.15 to $2.25 The other districts reported no business done. At the New York auction market, 75S boxes of Oregon Newtowns, choice, brought $1.802.30: the average being $2.07. An other lot of the same slse and grade sold at $2,1012.75. A lot of 715 boxes of Ore gon Sgrltxertberirs, fancy, brought S2.909 8 25, and a small lot, $3.40. At the Chi cago suction. Oregon Spitsenbergs, extra fancy, small to medium, sold at $1,359 2.40, an average of $2. Haulings have been decreasing at west ern New York shipping points. Baldwin selling mostly at $4.25 per barrel, f. o. b and orchard run stock, culls out. bringing $1.8591.50 per 100 pounds In bulk. New York Baldwins were dull In Boston and New York at $4.5005 per barrel. Chicago $4.2595. Southeastern York Imperials showed a range of $3.7695 per barrel In consuming markets. Mlddlewestera bar reled Jonathans continued steady, rang ing $10yl0-5O In Minneapolis; $8,500-9.50 in Kansas City, and $809 in Chicago. Ben Davis ranged 13(94 per barrel In St. Louis. The car'.ot movement of both barreled and boxed apples showed an Important decrease- from the number shipped during ens previous week: Doxea stock, 2254 cars compared with 2838; barreled. 8470 cars cembared with 4207. Shipments of boxed apples are approximately at the rate or the corresponding week a year aro; bar reled stock Is much heavier with 8470 cars, compared with 1480. eTKADY TURKEY PRICES EXPECTED Dealers Believe 48-Cent Market Will Be Maintained. Turkeys began arriving In largs quanti ties yesterday afternoon. The shipments wsrs needed to flit out-of-town orders pre viously booked snd most of ths orders vara billed out at 48 cents. There was M inquiry from the city retail trade. Uany sat 4fc4 large retailers bava coatractsd for 119 44 41 81 42 90 67 99 63 8 104 91 35 r.i 10 13 114 , 36 72 61 32 20 114 28 S 85 24 1T4 120 76 2 84 32 40 14 45 10 19 100 16 11 30 21 8 73 23 96 82 ' 3 72 40 26 10 86 V, 64 66 5 44 25 109 22 620 41 46 20 48 8 11714 29 67 54 .10 80 ' 10.-. 50 40 67. Total gold held .by banks. $ 645.247,000 Gold with federal reserve agents 1.205.746.000 Gold redemption fund 157,117,000 Total rold reserves S2.00S.110.000 Legal tender notes, silver. etc ........................ nz.ua.ouu sale. 49 23 122 45 42 81 44 94 14 - 71 99 64 8 88 - 84 107 9S 38 52 11 15 116 :, 36 74 63 34 29 19 28 71 V4 87 24 10 122 77 29 84 S.1 52 14 46 20 19 100 155 16 12 30 '4 22 8 75 24 r. 73 V, ' 40 27 10T4 86 66 67 5 V. 44 V, 25 110 24 ' 620 41 46 21 4J)4 8 120 30 69 55 1 60 80 105 61 41 7Vi Total reserves .$2,180,228,000 Bins discounted, secured by government war Obliga tions . 1,158,907,000 Bills discounted, all other... 1.514.46O.OO0 Bills bought in open market. 275,227.000 Tots! hills on hand ..$2,948,601,000 U. S. government bonds 26,871. 000 U. S. victory notes 69,000 U. 5. certificates of indebted ness S31. 154.000 Total earning assets. uanK premises Uncollected Items and other deductions from gross de posits 5 per cent redemption fund sgainst federal reserve bank notes - All other resources..... S3. 306.605.000 Prime llcht calves Heavy calves ........... Best feeders ............ Hogs - . Prime mixed .. Smooth mixed ......... Rough heavy - ........... Fat pigs .........v... ... feeder pigs . .-. ........ Sheep East-of-mountain iambs Valley lambs Feeder lambs .......... Yearlings Wethers blwes 11.0012.00 T.OOg? 9.O0 .e.75 7.25 , 12.0012.50 11.50 6 12.00 8.25 4? 10. 2o 10.00 'S 10.50 10.00124)0 B.5010 Of 9 O0;a 9 5' 5 OU 4 8.50 6 OO19 7 50 6.0O' 6 5' 1.00 it 4.5'' 804,424.000 12.376.0O0 6.030. OO0 Chicago Livestock Market. CHICAGO, Nov. 20. Hogs Receipts. 50OO, mostly 10c to 15c higher than yes terday's average with spot more: closing firm; bulk of sales, $1 l.SO 11.65: top, $12; heavyweights. $ll.50rl2; medium weights. $11. 65012; light weights,. $11.50 Si 11. IK); light lights, $ 11.40 11. SO; heavy packing sows, smooth. $1111. 40: packing sows, .rough, , $10.76011; pigs, $Ugl2.25; with desirable 100 to 130-pound pigs, $11.50 1 1.7ft. 1 Cattle Receipts, 8000, mostly Canadian and northwestern graseers. Trading light: week's receipts total 115,000, a new yard record. Compared with a week ago, choice prime . corn-fed beef steers. . 50c to 75c lower; other beef and butcher cattle un evenly $1 to $2 lower; canners and cut ters, 25c to 50c lower: light veal calves. 25c lower;-' heavy calves average' $1.50 lower; stockers and feeders mostly 75c to $1 lower. Sheep Receipts, 200O. compared with a week ago: fat sheep and lambs 50c to 75c lower: yearlings, 7c to $1 lower; feeders, 5oc to 75c lower. Total resources Liabilities Capital paid In surplus Government deposits Due to members, reserve ac count 1,781. 806.0O0 Deferred availability items... 616,371.000 Other deposits. Including for eign government credits... 26.22S.0O0 . .$6,326,800,000 ..$ 98.920.0OO 104.74.-..0OO 12.259.000 Total gross deposits $2,437.1 64.000 Federal reserve notes In ac tual circulation 3.307,435,000 Federal reserve bank notes In circulation, net liability. 213.8X1. 000 All other liabilities 104.646.000 Total liabilities $6,326,800,900 Ratio of total reserves to net deposits and federal reserve note liabilities com bined. 44.1 per cent. Ratio of gold reserves to federal reserve notes In circulation after setting 35 per cent net deposit liabilities, 48.6 per cent. Foreign Kxrhange Rate. Foreign exchange rates at close of busi ness yesterday, furnished by Northwestern National bank of Portland, The amount uotea is tne equivalent in uniieu. otaico dollars'. Country Foreign unit. Austria, kronen , Belgium, francs Bulgaria, leva Ozecho-slovakia, kronen Denmark, kroner Enirlaml. pound sterling Finland, finmark U S Lib 3s. ...92.30IA T A T cv 6s.. 94 ao 1st es....oi.JtJ!'ticii gen 4S . . loj do 2d 4s . :-. .85.50 D & R G con 4s.64 do 1st 4s. . .86.62;N Y C deb 6s.. 90 do 2d 4s. ..85.70'N P 4s 76 do 3d 4s. ..88.42 N P 3s 58 ao ia fi...M.inrac 1 or 1- as. "mu Victory 3s ...5:B4; Pa con 4s 89 do 4s 95.96 S f CV Bs 110 U S 2s.reg I01 do coupon ..101 D S 4s reg. .. .105 do coupon ..105 Pan 3s reg 78 do coupon. . ..78 So Ry 5s . . U P 4s U S Steel 6s.. 87 80 . 92 Bid. Mining Storks at Boston. BOSTON, Nov. 20. Closing quotations Allouex Ariz Com Calu A Ariz.. 19 7 44 Osceola . . Quincy Superior Calu A Hecla. .245 LSup A Boston. Centennial Cop Range . , Mohawk North Bwtte Old Dam .., 7 S6 43 10 Shannon Utah Con .. Winona .... Gran by Con . 17tjGreene Can 23 86 16 1 3 80 20 20 luteal lobbing auuuftcioaa; .! A tiack bas.a: ane. cranuiatsu. 10c per pound; beet. 10.doc per pound. I-1 1 M IN t . ll.JUO u4 I S Be. NU'l'o Wsluuu, X2ji2sc; Brazil ' nuts. S6c: filberts. 214uv25c; almonds, 26tM0c peanuts, 9o14c per pound; coooanuta. $$ per auz.; pecaus, aw, vanuiau, H5a uouud. RICE Blue Rose. llc par pound; Jap- a n Kiv.e. 11c oer pound. Bs,ANS Small whits, 6c: largs whits. c; Puk, c; lima, AUisc. oaous. lis, rnu. b w c per pound. m COt'Dso! noasled, bulk: drums, 81 0 41c per pound: sacked, 22j27c per pound. BALI utauuisted, oaies, d.4V.M hall srouna, lou, owe, s, AUoa, ,tt..a lump roc, Provisions. Local lobbing quotations: HAMS All sizes, 853Sc; skinned. 85t? 39c; picnics, 2oc; cottage roll, ode. LASU Tierce basis, 2ic; aaorteaiag, 17 c per pound. uai. QAi,i bhort, clear backs. 260304 per pound; plates, 22c BACON Fancy, 47054c; standard. 82s per pound. Oils. LINSEED OIL Raw, barrels. 95c drums, $1.93: cases, $1.1L Boiled, barrels, Ubc; drums, $1.00; cases, $1.1J. TURPh.fi TlNe; Tanks, 1.41; cases, $1.56. luaL OIL Tank wagons aad ire a sar rsla. lc; cases. 40t37c s'UEL OIL Bulk. $2.35 per barrel. GAaoLlNE Tank wagons ana iron bar rels, 29c; cases. 41 c. WosL Cascara. Etc. MOHAIR Long staple, 25e par nsaad; Bhort staple, 15c per pound. TALLOW No. 1. 00 per poand; Na. 1, frc per pound. CasCaha BARK Per pound, grass wetsut. 01a peel, lat, new pesi. o Bar oouae. WOOL All grales nominal. HOPS Oregon. 1920 crop, nominal, 85c per lb. HIDES AND PELTS Nominal. Naval Stores. SAVANNAH. G, Nov. 20. Turpentine, firm. 82 o; sales. 202 barrels; receipts, 274 barrels; shipments, 11 barrels; stock, 16.665 barrels. Rosin, quiet: sales, none; receipts, 710 barrels; shipments, 155 barrels; stock, 63, 9J.0 barrels. Quote:' B, D, B, F, G, H, I, K. M. N, WG, WW, $11. (Last sale. No vember 12.) Dried Fruit at New York. NEW YORK, Nov. 20. Evaporated ap ples, dull and weak. Prunes Juiet, Psachea Slow. Money, Silver, Etc. NEW YORK, Nov. 80. Prims mercan tile paper, unchanged. Bar sliver, domestic unchanged; foreign, 1 i)C Mexican dollars, 57 c. v LONDON, Nov. 20. Bar silver, 4d per ounce. Money and1 discount unchanged. STOCKS FALL WITH COMMODITIES Climax of Inflation During ' First Half f the War. NEW YORK. Nov. 20. Quoted Values continued to melt away in the securities market tills- week until the average fell to tne years lowest, wnne several indi vidual issues were at bottom prices for two to five years. . The further demoralization on the stock exchange was in keeping with conditions in the industrial, cotton, grain and other sammoaity markets and was again popu larly ascribed to the world-wide strain on credits. In responsible banking circles, where no attempt was made to minimize ths sig nificance of ths reversal, tha movement was regarded aa an Inevitable cltmax of the Inflation and other excesses witnessed here in the first half of the world war. Rate. $ .0036 .0076 - .013 .Ol 30 .1370 8.4700 .0230 .0633 .0155 .0910 .3060 -UU24 .0397 , .0082 .1365 France, francs Germany, marks Greece, drachmas .., Holland, guilders ..... Hungary, kronen Italy, lire .' Jugo-Slavia. Kronen . Norway, kroner Poland. Polish marks Portugal, escudos .1340 Roumania. lei '. .0150 Serbia, dinars ..................... .0324 Spain, pesetas , .134U Sweden, kroner .1940 Switzerland, francs i. T.1573 China Hong Kong, local currency .-1 ,6550 China Shanghai, taela 8950 Japan, yen .5075 NEW YORK, Nov. 20. Exchange firm. Sterling, demand B.46. cables 3.40 francs, demand 6.05,. cables 6.07; Belgian francs 6.39, cables 6.41 -.-.guilders, demand. 30.25. cables 39.35: lire, demand. 3.18, cables 3.78; marks, demand 1.38, cables 1.39: Greece, demand 8.90. New York ex change on Montreal, 11 3-16 per cent dis count. ' Sterling advanced strongly later. De mand 3.48, cables 3.49. Swift Co. Stocks. Closing prices of Swift A. Co. stocks at Chicago were . reported by Overbeck & Cooke Co. of Portland as follows: Swift A Co 99 Swift International 24 Llbny, McNeil A Llbby National Leather 8 Decrease in Surplus Reserve. NEW YORK, Nov. 20. The actual con dition of clearing house banks and trust companies for the week shows that they hold $12,470,380 reserve In excess of legal Omaha Livestock Market. OMAHA. Nov. 20. Hogs RecelDts. 3500 steady to strong.- barely steady; bulk, $11.10911.50; top, $11.75. Cattle Receipts, 500. Market compared with a week ago, fed steers $.25&1.50 lower; grass and range steers and cattle, $11.25 lower; light veals, ouc lower; heavy calves, $1&1.50 lower; stockers ana feeders, about II lower. Sheep Receipts. 1300. Market compared with week ago, all classes $101.25 lower. Kansas City Livestock Market. KANSAS CITY, Nov. 20. Cattle. 550. Market lor week: Beer steers and feed ers. 50c&$l lower: bulls and vealers, 50c lower; other calves, $101.50 lower; she stock, a0v?75c lower; canners, 2oc higher ; stock cows and heifers, steady to oOc lower. Sheep. 600. Market for week: Sheep and - feeding lambs. $lyL50 lower; fat lambs, 75c5?$l lower. Seattle Livestock Market. SEATTLE, Nov. 20. Hogs Receipts 167; lower. Prime $12.2012.T5: medium to choice $U.75jl2.25; smooth heavies. S9 .7u- 10.2. : rough heavies. $5.753)8.25: pigs. $10.50 12.O0. Cattle Receipts 222; lower. -Prime steers, $8.5O9.00; medium to choice, $7.00 &8.25; common to good. $5.0006.50: best cows and heifers, $6.507.25; medium to choice. $5.50-6.25; common to good. $4. 00 ?0.1.5U: bulls, xa.uu4po.oo; calves, $12.00 13.50.. SAN FRANCISCO PRODUCE MARKET Prices Current on Vegetables, Fresh Fruits, Etc., at Bay City. SAN FRANCISCO, Nov. 20. Dairy prod uce exchanga closed. Vegetables Eggplant, lug 5076c; sum mer squash, $1.5Ofi2.0O; potatoes, street price. Rivers, $2.25&2. 50; Salinas, $3 50 4; sweet, 33c; onions, yellow, 7590c; Australian brown, 75c'$1.25: white, $1.50 1.75; green onlocs, box, $1.50; beans. 10 17c; lima, 8lc; bell peppers, lug, 40 75e: chile, 4065c: tomatoes, box, $1.50 vi.i,. uuumoers 1. (o ey ::.::&; celery, per -c, vau'o.a.i; game. Bpvc; cauliflower, 90cp$l; carrots and turnips, sack, $1.25ft? 1.50; beets, $1.25: parsnips, 81.75: peas. One Hundred Investment Bargains in Railroad Bonds In a circular prepared by one of the treatest bond au thorities in this country, which we have just had printed, the bond situation is not only thoroughly covered, but there is a list of one hundred bar gains in high grade railroad . bonds yielding; as high as - Ten Per Cent Among this list are many unusual investment opportuni ties, and inasmuch as under- lying factors are now favor able to rising bond prices, a selection of these bonds would unquestionably result in excel lent market profits, in addition . to an attractive income return. The circular will be sent without obligation, together with a booklet describing a convenient method of purchas ing'the bonds. Ask for PG-55 E. M. Fuller & Co. Osasnttdated BtooHb4ebaos f BT. Y. SO Broad St, Nw York. New York Newark Osvslsad Oiicsso Boaoa Wirtet frhnttt kVirss Herrin & Rhodes, Inc. Katabllshed 1S96. . Railway Kxckaage Bids. Fast Private Duplex Wire COAST TO COAST. Stocks, Bonds, Grain, Cotton, M i s c e 1 1 aneous Securities and Liberty Bonds, boirgrht and sold for cash or conservative margin. Members Chicago Board of Trade. Correspondents K. F. 11 uttun St Co. MEM HERS New York Stock Kxchanjre. New York Cotton Gicbange. New Orleaaa Cotton Kxcsasge. ' Offices Seattle. Portland, Tacoma. Main 2M3-2A4. 4 Look Before You Leap "Do not put your saving into any investment proposition without thorough investigation." This is one of the doctrines taught by the Bet ter Business Bureau of the Portland Ad Club, an organixation maintained to enforce honest advertising and selling practices. Morris Brothers, Inc., a member of this organ ixation, indorse its principles and contribute to its support. B U B a Northwestern and Canadian Issues Yielding 7 to 9 ' $23,000 6 Improvement Bonds City of Vancouver, Washington Local Imp. District No. 161 Yielding: 7 a B B B a Kxcrnpt from s. Income Tax rate1 Oct. 1. 1920. Pue Oct. 1. 1921 to 1930. Opt!Ttml oa vnd after mm Oct. 1. Prices from 92.94 to 97.40. le nomination S500, . $37, COO ImproTttmeat Bond City of Seaside, Oregon . General Oblbratioa Bonds Yield 7 to 7.50 JSr Dated Not. 1. 1920. Matorlne- serially from 1921 to 1SS1. "2.41 to S. 54. Denomination t5O0. Ths Unsold Portion, City of Edmonton, Alberta Province General Obligation Gold Kotos Vialrtinrr O C7 Exempt from all Dominion a. iviuiiig o Gi a Price, from B Dated Sept. 1. 1820. 1100. 1500 and $1000. Government Taxation Due Sept. 1, 1922. Price 95.04. Denominations u a B B Principal and semi-annual Interest payable In TJ. s. Gold Coin at designated places and at the offices of Morris Brothers. Inc. Telephone or Telegraph Orders at Our Expense MORRIS BROTHERS, Inc. 5 southern, 124Tc: rhubarb, box, 1.762 sprouts. 7 a 8c: lettuce. S2b2.uu crate. Poultry Hens, large colored, 38 40c: small, 8235c; White Leghorns, large, 3tf 3Sc; small, 30S2c: strictly young roos ters, 38040c; old, 20022c; fryers, 444c: broilers, 00065c; ducks, 27030c; equr.bs. 15085c: Baigian hemes, live. 2325c; tur keys, live, nominal at 47 050c; dressed, 50 53c; fancy, 54 056c. Fruit Strawberries, 8 5c $1.36: Valen cia oranges. 170ft; new-crop navels,-$5.50 5j7; lemons, $2.50(g4; grapefruit, new crop $303.50: Arizona. $4.2504.75; limes, 1303.50; apples, Belltlowers, $l.501.75; pears Winter Nellls, $3.25ig3.50; grapes, nr rrate $2.5003.50; bananas, 10011c; ouinces, $1.5O02; cranberries, Oregon, S5.50. Receipts Flour. 8-130 Quarters; wheat. 8O0 centals: barley, 52.364 centals: oats. 1600 centals; beans, 890 sacks: corn. 1650 centals; potatoes, 5037 sacks; onions. 440 sacks: hay. 340 tons: hides, 820 rolls: oranges, 5500 boxes; livestock. 1000 head. WOOL. PURCHASES FALL OKI United States Decreases Importations From 4 South America. TllTWMOS AIRES. Nov. 20. During the , -lo-ici-iH-JO endina September 30, Argentina sold and shipped to foreign - - - ts i r.aa h,i of wool, or about 37 73,748 kilograms, the average price for - Bnnrn,iTnaiAlv 74 cents in Unit- ed States money per kilogram ol 2.-U pounds each). uurmi ln., ,7,, son the amount sold was 59.334.4S0 kilo 1U ri'n g the Beason just closed the United Established Over a Quarter Century I FSBHSBBBBBBBE 1 i I 51 J EnBBBBBBBassnnl1 $10,000. City of Forest Grove Oregon ' 1 to 11-year 6 Funding Bonds at 100 to yield 6 rCOMB TAX EXEMPT Ask for circular 0-72. Call or phone Knowledge G vs. ork uessw This tffice gives valuable advice respecting improvements in fire risks, rate, reduction and the formulation of forms that constitute broad protection. John Schibel Insurance Broker and Adviser Wilcox Bids. Main 8020. FREEMAN. SMITH mound noon lAmr LimnscM Bun-ninn Firm and W. OVERBECK & COOKE CO. Brokers, Stocks. Bonds. Cotton, Grain. Kto. 216-217 BOARD OF TRADE BUXJ. MEMBERS CKTCAfiO BOABD OF TRADE. MEMBERS Correspondents of Imuran A Bryan, Chicago and w York. ' few Tork Stock Exchange. Chicago Stock Kxebaoge. Boston Stock Kxchans;e . Chicago Board of Trade. New York Cotton Exchange. New Orleans Cotton Exchange. New York Coffee Exchange. New York Produce Exchange. Liverpool Cotton Association. . CASH FOR GOLD. Ws pay hlKh prices for high-grade srold or silver ores, amalgam, concen. trates, bullion, retort, etc. Ship to us by mail or express In any amount or quantity. Cash sent you by return mall. We also buy diamonds, plati num, new or broken Jewelry, watches, false teeth, liberty bonds, war stamps, mercury, magneto pointa and all valu. ables. Goods returned within ten day. If you are not satisfied with the amount we aend you. except when re fining must be done to determine the value. Ship us now wnne the high prices are prevailing. Small and large shipments solicited. The Ohio Smelt ing & Refining Co.. tit Lennox Bid. Cleveland. Ohio. Bank references. Subject "to Prior Sale We offer the following External Sterling Government Bonds as affording an unusual investment opportunity : 5000 KINGDOM OF NORWAY , 3 Sterling Bonds of 1888 $340.00 for 200 ($973.33) 3000 KINGDOM OF SWEDEN . 3 Vz Sterling Bonds of 1900 $410.Q0 for 200 ($973.33) 5000 KINGDOM OF DENMARK 4 Sterling Bonds of 1912 $450.00 for 200 ($973.33) 5000 REPUBLIC OF BRAZIL 57 Sterling Bonds of 1898 $550.00 for 200 ($973.33) ' 6000 REPUBLIC OF CHILE 5 "Sterling Bonds of 1911 $510.00 for 200 ($973.33) These bonds are all the external obligations of the issuing country and are payable, prin cipal and interest, in Pounds Sterling at the current rate of exchange. They are seasoned loans of countries of un questioned financial integrity whose credit and standing were benefited rather than harmed by the recent war. Your interest return on these securities will average between 7 and 9 depending on the rate of exchange. We recommend these bonds for conservative . investment. Full details upon request. J. Devepeaux &(pmpany INVESTMENT BONDS 87 Sixth Street Broadway 1042 . Wells Fargo Building Portland, Oregon . B "The Premier Municipal Bond House" PORTLAND. OR. MORRIS BLDG. 309-11 STARK BROADWAY 2151 Other Offices at Seattle. Tacoma, Wash., and San Francisco, Cal. ' safe deposit boxes I a Capital . B One M Million Uollurs U B a a States purchased 72,399 bales of Argentine wool as against lil.HttU Dales tne previous season. fcingland, .Belgium ana i-.erma.ny re-entered the market, buying ao,Jo Dales. Seattle Dairy Produce. SEATTLE. Nov. 20. Eggs Select local ranch, white shells, 78c per dozen; pullets, 64c; storage, 65c. Butter City creamery, in cubes, 58c per pound; bricks or prints, 51c; seconds, in cubes, 52c; bricks, S3c; country creamery extras, cost to jobbers, in cubes. 54c; stor age, 48tf00c New York Snirar Market. KEW TORK, Nov. 20. Raw sugar. 5.76c for centrifugal; refined, 9 9.50c for fine granulated. Kaetern Dairy Produce. CHICAGO, Nov. 20. Butter lower. Creamery. 40 Sue. Eggs lower. Receipts, 1412 eases: firsts. 70971c; ordinary firsts. 5!a63c: at mark cases Included. 60070c: standards, 729 73c; refrigerator firsts, 52Vi53Vsc. KANSAS CITT, Mo., Nov. 20. Eggs un changed; firsts, 70l72c; seconds, 50c; se lected. 767!)c Butter unchanged; creamery. 62c; pack ing. Sic. If You Would Profit by the experience of all successful investors yon will turn your full attention now to the purchase of those stocks of absolute merit that have been sagging ia price for the past year. This country is not facing financial disaster and nat urally there must be a limit to the apparently endless decline. Knowing that many stocks are selling far below actual value, the only difficulty is in choosing: those issues most desirable. We shall be glad of the opportunity to assist in da- cidinE What to Buy and also suggest convenient terms of payment so that you can arrange for the full outlay of your available funds over the next year or two on the ex ceptionally advantageous price basis now available. Writ DeplPO IT for r 6so7f "Thrlft-Sveinf-ln-SMtoitnt" .sss'nsr wifh Aprwf koi'nr nrststKMit. Charles H. Clarkson & Co., Inc. STOCKS BONDS 66 Broadway, New York Ttlephonct Rector 4603-4 m ,niun,l iti.iiipin, ui s.i iiyn.1,1 .iisjisi, i.mnji ,. s,swiyiiaj. wsssssjwsssatT Mahmm?4iurtiA'mjuth fl"i"r I $ rS--ff -r-r-V aiiiiwi un in nfti-nv' " '11 " II Chance to Buy Established Retail Wagon Food Product Business - Operating in This and Nearby Cities Equally Profitable in Good or Bad Times Requires $5,000.00 to $25,000.00 According to Whether You Purchase All or Part of .Business Reasonable Terms AV 678, Oregonian irmrtii n...,?ir ttTm-TI WANTED LOANS In amounts of $2000 upward . SECURITY Warehouse receipts in Portland warehouses, fully in sureds ' INTEREST 1 per month until March 1, 1921. F. C. G., P. 0. Box 3636 ' Phone Broadway 3776