THE SUNDAY OREGOXTAX, PORTLAND, NOVEMBER 13, 1921
21
APPLES FREELY
Stocks Large in Local Market
and Demand Slow.
PRICES AVERAGE LOWER
Boxed Fruit Drags in East, but
Supply of Barreled Apples Is
Clearing Up.
The local applo market continue back
ward. There was a fair amount of bust
beaa during" the week, but mo at buyers
wanted cheap stock. With the supply
large and the demand not what It should
be. the market closed easier and prices
average about 25 cents lower than
week ago. Growers are offertnr stock
freely to the retail trad and this has
cut Into Front street business. The trade
does not hold out much hope for early
Improvement.
Current jobbing; prices in the local
ket on the several varieties followi
Baldwin Orchard run 150s. 163s, $1.75.
Delicious Extra fancy, 80s, 68s, 100s.
118s. $4.10; extra fancy, 123s, $4; extra
fancy, 138s, $3.75; extra fancy, 150s, 183a,
$3 25; fancy. 88s, 100s. 113s, $3.75; fancy,
125. $3.05; fancy, 138a, $3.25; fancy, 150s,
$2.85; fancy. Itf3t, $2.75.
Grimes Golden Extra fancy. lftoe. 163s,
$2.25; extra fancy, 175a. $185; extra
fancy, 213s, $1.25; fancy, 175e, 188s, $1.50;
fancy, 213s, S boxes, $1.
Jonathan Fancy. 138a, 150s, $2.25;
fancy, 175s, $2; fancy. 200s. $1.60.
King Comb, fancy-extra fancy, $2.
Northern Spy Choice. 64s. 72s, $1.75.
Ortley Choice, 80s. 88s, 100s, $2; choice,
113s, 125s, 138s, Ui Choice, 150s, 163s,
$1.71
Spltsenherg Extra fancy. Ms, 100s, 113s,
125s, $2.75; extra fnnry, 138s, $2.00; extra
fancy, 150s, 163s, $2.50; extra fancy, lT5s,
$2.13; extra fancy. lHa. $1-75; extra fancy.
200a, SI. 50; fancy, . 100a, 113s, 125s.
$250; fancy, IKSs, $2.81.; fancy, 150s. 163s,
$2.25; fancy, 175a, $1,851 fancy, 200s, 213s,
$1.35; choice, 90s, 113s, 125s, $2,25; choice,
13fts, $2; choice. 150s. 163. $1.85; choice.
17.-.M, $1.00; choice, 213. $1 ; choice, 112s.
1 J.-.B, SI. 75; choice, 138a, $1.83; choice. 150s,
363a, $1.73; choice. 173s (5 boxes). $1.50;
choice, 20os, (U boxes), $1.15; cookers, un
wrapped, 4-tler, SI. 50; cookers, unwrapped,
4-414 tier. $1.35.
Wegener Orchard ran, unwrapped,
f.icrd, 2 boxes. 1H8h, 2 boxes, 213s (the
lot) at $1: fancy. 112s, 123s, $2; fancy,
J.iSa. 130s. $1.83; fancy, 163s, $1.75; fancy,
175n, $1.(1U; fancy, 18Ss, 216s 4 boxes), lot
at $1.23.
Winter Banana Extra fancy, 80s, 88s,
UOs, $3.23; extra fancy. 125s, 138s, $3;
extra fancy, 150s. 163s, 175s (5 boxes),
$2.50 ; combination extra fancy and fancy,
HOe, 8-Stf. $3; combination extra fancy and
fancy, 125s. $2.75; combination extra fancy
and fancy, 138s, 150s, $2.50; combination
extra fancy nnil fancy, 103s (4 box), $2;
fancy. 64. 80s, Kxs, 06s, $2.H5; fancy, 112s,
1 23s, $2. 30 ; fancy. 1 ll&m. 150s, 1 63s. $2 ;
fancy, 175s, lfSHs 43 boxes), $1.50; fancy,
213s (.1 boxes), $1; choice. 80s. 6s, 312s.
125a, $2; choice, 138s. 150s. $1.50; orchard
run, 103s, 175s. 188s (5 boxes), $1.40.
Sundry Cookers Unwrapped, 4-tler,
$1.50; unwrapped, 4-4 H -tier. $1.33; un
wrapped, 4 Vt -5-tler, $1.25 ; unwrapped, fi
tter. $1.
The eastern markets are well stocked
with boxed apples, the demand Is light
and prices more or less weak.
At the New York auction 2465 boxes of
Oregon Bpltsenbergs sold at the follow
ing prices: Extra fancy, medium to large,
$2.5002.85; smalt. $2.1002.40; fancy, all
Him, $2 2.40; choice, all sizes, $1,800
K.25; combined fancy and extra fancy, me
dium to larff. $2.252.50; small. $1.06
B.50; also 840 boxes Jonathans, extra
rancy, large. $2.2502.73, mostly $2.50;
mall, $1.0502.10; average, $2.03; also 753
boxes Newtowns. extra fancy, large, $2.50
02.85; medium to large, $2.8002.50.
At the Boston auction. Oregon Spltzen
bergs. extra fancy, all sizes, sold at $2,100
E35; averaging. $2.29.
While boxed apples were dull, barreled
stock firmed up In the eastern markets.
Barreled shipments decreased 50 per cent
during the week, totaling 948 cars. In
the same week last year 4074 car of
barreled apples were shipped.
A IX LOCAL WHEAT BIDS HIGHER
Cables, However, Do Not Reflect the
Chicago Advance.
Local wheat bids advanced yesterday
In line with the Chicago rise, the Novem
ber delivery being up 20 5 cents and De
cember 203 cents. Cables, however, did
not reflect the Chicago advance and new
export business remains out of the Ques
tion. A moderate demand was reported
In the coarse grain division.
The California state crop report said:
Harvesting now on with yields slightly
better than forecasted last month. Acre
age yield . 85 bushels per acre, versus 33
last year and 83 the tea-year average.
About 20 per cent will be out for ensilage."
Br 00m hall cabled: "Our Argentine agent
raised his preliminary estimate of the
wheat crop to 120.500,000 bushels surplus
available for axport from the 1822 crop.
Shipments this week: Wheat 129.000
bushels. Cora 1.722,000 buahela Oats 50,
0O0 bushela Weather favorable for grow
ing crop and damage from locusts is de
creasing. Export business Is practically
at a standstill."
Terminal receipts In cars, were re
ported by the Merchants Bx change as
follows:
Wheat Barley Flour Oats Hay
Portland-
Baturday ... 156 16 19 15
Year ago., 41 .... 8 1 18
ft n to dte. 15 640 122 8P0 44 719
Tear ago.. 6,713 81 82J 238 738
Seattle
Thuraiiav.. 85 .... 1 .... ....
Tear ago.. 16 .... 6 .... 12
S'n to date. B.4H 77 ! 70 S54
Tear ago.. 2.710 38 8&2 06 411
T aco ma
Thursday.. 28 1 21 ....
Year ivo... 17 4
S n to date. 8 f07 106 1030 204 T14
Year ago... 2.544 147 138 . 152 848
Mountains in bulk gained 10015c and
closed firm at $1.5101.56 per 100 pounds
f. o. b. New York sacked round whites
held steady at S1.85 f. o. b. Northern
round whites ranged $1.5001.70 f. o b.
Michigan and Minnesota points and at
$1.23 01.40 warehouse cash to growers at
Wisconsin polnta Idaho rurals closed
weak at 8O0 per 100 pounds, cash to g row
era The strengthening at shipping points
was reflected la many consuming; marketa
New York sacked round whites closed
15 0 260 higher in eastern marketa at $2.15
02.35 and bulk stock in New York was
steady at $2.10 0 2.20. Maine sacked Green
Mountains ruled firm In Boston at $2 but
closed slightly weaker In New Tork city
at $2.1002.20. Bulk stock weakened to
$1.80 la Philadelphia. In the Chicago car.
lot market northern round whites declined
15c the middle of the week, but reacted
and closed nearly steady at $1.0301.85.
Minnesota red river Ohlos failed to recover
from a similar decline and closed slow and
weak at $1.5001.05.
During the month of September and
October, potato shipments throughout the
country were about one-third larger than
for the same month last season. Shipments
from all sections for the season have been
one-fourth larger than last aeasoa and
about one-third larger than for the same
period In either 1919 or 1918. The weekly
volume has been falling rapidly and Is now
below average of the early weeks of No
vember la recent seasons. Shipments for
the week were 4590 cere, of which Maine,
Minnesota, New York and Colorado sent
more than one-half. Total movement for
the season to November 5 from leading
late shipping; states eras 75,747 cars, com
pared with 49,874 last season to same date.
d. J602.C. peenuta. ket pUlce- benff n by Bpecial
OKEtiOX POTATO GROWERS FIRM
It u ring- Price Batata Dora No Permit of
Large Shipments.
Trie potato market remains quiet with
fsrmers holding firm. There Is some out
side demand, but there Is not enough mar
gin between the prices bid and those
a.ikrd here to allow of much shipping to
be done. Farmers are offered $1.6001.73
for good stock and jobbing prices hold at
$1.7562.
In the east the markets have recov
ered from thetr previous depression and
closed steady to firm. Maine Green
TURKEYS
HOW TO GET BEST PRICES.
Have paying advice to give on this
subject. Write, teil us num
ber you have tor sale.
It I BY A CO..
169 Front Street. Portland. Or.
Write for Latent drewttng methods, meems
higher prices.
WE WANT
TURKEYS
Shlpmft. Should Arrlv. In Port
land No Later Than Nor. 19th.
BLIE VAI.LEV I'HODITK CO,
2T2-274 l.llui Strr.1,
Portia... Oregon.
BREAK IN BCTTKR PRICES COMING
CmuMriw Cat Butterfat Quotation, to
Prepare for Change.
A ener4 break In butter prieei Is be
lieved to be not far dl.tant and In prepa
ration for such a chans. the local cream
eries will on Monday out the burins price
ot butterfat 2 cent, to 45 centa, delivered
Portland. Butterfat price, have been out
of line for aome time and It la the pur
port of the manufacturers to straighten
out this ancle before the seneral readjust
ment of butter values takes place.
The weakening factor of the market Is
the early arrival of Australian butter on
the coast. A bis shipment of 6300 cubes.
each of 56 pounds, is due at San Francisco
from Australia on November 22. This but
ter which is said to score 03 points will
be laid down at San Franolsco at 38 cents.
Another large lot -It due on December 20.
New Zealand butter is also coming in De
cember and more la offered for January
delivery.
While not much -of this Australian but
ter may come to Portland, It will have the
effect of closing the California outlet for
the surplus butter of Oregon and other
northern statea.
Australian eggs are also on the way to
the coast, but they are too high in price
to compete seriously with the domestic
product. Egg receipts are increasing In
the local market, but the demand Is strong
enough to take care of all the arrivals.
DRESSED TURKEY MARKET BREAKS
Dealer, Offer Beat Stock at 40 tents, but
There Are No Buyers.
The dressed turkey market was In a
bad way yesterday with a large supply on
hsnd and no demand, Shlppsrs rushed In
their turkey, to tak. advantage of the
hlsh prices that recently prevailed and
the result was a .lump. The top price asked
on the street was 40 cents and No. 2
turkey, were offered at 30933 cents, but
there were no buyers at any price. Most
of the birds sent In would have been Im
proved by another week of feeding.
There was a wide difference of opinion
. to the prices that will rule in the
Thanksgiving trade, but most of the poul
try men look for a market lower than
last year's. One large handler predicted
3.1$ 38 centa as the general range. All
agreed that a successful retail season could
only be carried through thla year by hold
ing prices to the consumer down to a rea
sonable level, and this would mean lower
wholesale prices and lower price, to the
consumer.
Live poultry prices were steady and un
changed, but a break In the market Is
generally expected.
CHEAPER ONIONS NOT KXPECTlSD
Market at Present la Quiet, but Tone la
Stady.
The onion market Is quieter, but prices
are ateady at $4 to the grower, and it Is
not likely the market will be any cheaper
this season.
In the consuming markets of the east a
stesdy to firm tone continues with a mod
erate demand. Eastern sacked yellow
globes. No. 1, held steady in New Tork
and Boston at 13.5003.76 per 100 lbs., ad
vanced 25c In Philadelphia, ranging I5.40O
5 75 and ruled II higher In Pittsburg at
$0. Middle western yellow stock of good
quality and large size closed firm In Chi
cago at S4.254.30. California yellow va
rieties advanced 2350c in Chicago, hold
ing at $595.25 and closed steady at $4.75
3. Massachusetts yellow globes held
steady at th. recent range of $5 95.25 f. o.
b. shipping polnta Shipments were light
only 808 care, which was about half the
volume for the same week a year ago. Cal
ifornia sent about one-third of the week's
movement and Is the only state shipping
mor. than at the same time a year ago.
Bank Clearings.
Bank olearlng of the narfh.Mt.ni
citlea yesterday were ns follows:
Clem-inics. Balances.
Portland .8.aoS $1,405. B.12
Seattle 5.5H1I.344 1.3.1T 7i;-l
Tacoma 545, liirt 02.S11O
Spokane 2,23l!.lti3 1,018. W
Clearings of Portland. Seattle anil T.
coma for the past week and corresponding
r-ortiand. Seattle.
$5, 0H4.772
34.704.324
1121. .
llll'O. .
HUB. .
HUH. .
KU7..
11. .
1IM.1..
1U14. .
1018. .
11112. .
1U11..
.$23,100.4(14
. a5.oilB.037
. 8.1.555.2S9
. 20.0112,737
. 22.H00.378
. 1H.121.133
. 11.430.K47
. lO.ftifO.M.
. 12.0H2,2S
. 12,813,011
. 11.430,755
41,004.047
37.010.200
' 2H.S52.4K4
22.024.4011
13.101.2K3
11.5H0.0H3
13,778,303
12.011. 0il
10.002.447
Tacoma.
I3.11H1.3M
4.774, 0H5
4.003,1 25
. 158.337
4.63tl,8r,0
2.748.425
2,028.177
2.0O7.200
2.857.300
4. 407.048
4,389.304
PORTLAND MAKKKT QUOTATIONS
Grain, Flour. Feed, Ktc.
Merchants' Exchange, noon session:
Bid
Nov. Dec.
.$ 1.04
. 1 04
. 1.04
. 1.04
. 1.00
(1.04
1.03
l.o:l
1.0:l
.08
. . IT. 00 27.00
.. 28.00 26.00
25 00 23 30
34.30 2:1. .o
Jdred; Ysklma, $202.23 per hundred;
.wrei poi.Loes. i.fc per pvuuu.
ONIONS Yellow. $4.5005 per hundred.
VEGETABLES Cabbage, lit?2e pounr;
lettuce, $2. 5092.75 crate; carrots, $1.50
fl. 73 per sack; garlic. 12K01SC pound;
beets, 11.5052 per box; cucumbers. $1.50
62 per dozen: beans, 1012c per lb.;
celery, 70c G $1 per dosen; green peppers,
84) 11c per lb.: cauliflower. $11.5U per
dos.fi, pumpkins. 2hic per pound; squash.
2ec pound: sprouts, 17c pound; toma
toes. $2.7593 per bos; turnips, $2 per
sack; parsnips. $292.50 per aack: arti
chokes. $1.50 per dozen, , '
Staple Oroeerlee.
Local Jobbing quotations:
SUGAR (sack basla) Cano, granulated.
6.83c pound; beet. 6.15c
KUTS walnuts, new cpjp. son sneii, ze
Cf31c lb.: Bra
625c; almond
oer nound.
RICE Blue Rose. 7c per pound; Japan
style. 6c per pound.
BEANS Small white, S8Sc: large,
white. 4c: pink. 3ic; lima, ifeittc; red,
tU- i,r ttouod.
COFFEE Roaated, bulk, la drttma IS
33 lie oer nound.
SALT Granulated. balea $3 3004 05;
half around, ton 80s. $17.25: 100a $16.25.
HONE Y Comb, new crop, $696.50 per
"dried FRUITS Dates, $T psr eaae;
flas. il. 4063. 75 per box; spples, 16c lb.;
pear.hea 1501To; apricot 28 0 26tto;
pruase, TH 6 12C;
Hides, Hops. Etc.
TALLOW No. 1, 4c; No. 2, e per
pound.
CASCARA BARK 5c a ponnd delivered,
Portland.
HOPS 1021 crop, choice, 2626tte per
pound.
HIDES Fresh cured, 5c per pound;
bulls. 4c; oalf, 12c per pound; kip, 7c; dry
bides, 9o; dry salt hldea, 7c per pound.
PELTS Dry pslts. full wool, 8 10c
pound; salt pelts, 850500 each, according
to siae.
WOOL New clip. 8020c per pound.
MOHAIR New clip, loc per pound, de
livered Portland
Provisions.
Local Jobbing quotations:
HAMS All sizes, 27 0 31c: skinned, 240
33c; picnics, 20c; cottage roll, 23c.
BACON Fancy, 345c; choice, 270
32c: standard, 23 0 20c.
LARD Pur. tierces, 14o pound; com
pressed tlercea, 14c.
DRY SALT Backs, 18Z21c; plates. 15c.
Oils.
LINSEED OIL Ray. in barrels. 89c:
5-gallon cans, $1.04 Boiled, in barrela,
01c; 5-gallon cans, Sl-OO.
TURPENTINE In drums. I: S-ffallon
cans. (1.15.
WHITE LEAD 100-pound kegs, 12 Uc
per pound.
OASOL.1NE Tank wagons and Iron bar
rels, 2ttc; caseiv 38 c.
NO RECEIPTS AT LOCAL YARDS
DEALINGS IN BUS LIGHT
6TREXGTH SHOWN BY S S AND
... SECOND ISSUE OF 4s.
200
500
SOO
100
lot,
41 4
28
64
10
41H
27 H
54
2,700 15 15
Oils and Equipments. Most Prom'
inent Feature of Stock Market;
Foreign Exchange Irregular.
NEW YORK. Nor. 12. Usual favorite.
among rails and Industrials played no part
aU Line. . of
Price. , Are Nominal la
Livestock.
There was no trading at the stockyards
yesterday. Nothing arrived by rail and the
yards were practically empty. The tone
of the market was generally steady.
Prices quoted at the Portland Union
stockyards were as follows:
Choice steers (5.7506.50
. J...i?0.io
. 3.75 1 4.73
. 4. 50 fir 5.00
. 3.75A4.50
. 4.5IKm5.00
. (.50104.00
. 2.734 3.30
. I.r.0'i2.73
. a,m'f4.o0
. 8..".OM.O0
. 6-OHSl 8.00
. 6.001 8.U0
. 5.0O416.50
. 8.508.76
. 7.2.", S 8 2.'.
. 6.73197.2.-
. 5.00'tt.7r.
. 8.50a 8.7."
. 8.750.00
. 4.OO60.7;
. 6.5Of700
. dllftt.5il
. 3.0oft.-,50
. 3 (8ii4.0o
. 4.50115.00
. 4.5OQ.5.00
. 8. OO 11 4.50
. 3.5004.50
. 2.5011 3.50
. 1.00(3.83
Medium to good steers
Common to fair ateer.
("tio.ee feeders
Fair to good feeders
Choice cows and heifers
Medium to good cows, heifer..
Common cous
Canners
Bulls
Choice dairy cows
Prime llsllt calvea
Medium light calves 1
Heavv calves
Hon.
Prime light
Smooth htavy. 20O lbs. up
Smooth heavy, 3H lbs. up
Hough heavy
Fat pigs
Feeder pips
Stags, subject to dockage
Sheep
East-of-mountalns lambs
Hen valley lambs
Fair to good
Cull lambs
Eastern Oregon feeders ......
Light yearlings
Heavy yearling.
Light wethers
Heavy welhers
Ewes
Wheat .
Hard whit.
Soft white
White club ...
Hard winter
Red Walla
Oats
No. 2 whit. fed
No. 2 gray
corn
No. 2 E. T. shipment
No. 3 E. T. .Moment....
FLOUR Family patents. 17 oer barrel
whols wheat, (6.20; graham. $6; bakers'
hard wheat, (7.05; baker,' blueitem pat
ents, (6.55; valley soft wheat, (3.60;
straights. $5.25.
MILLFEED Pries, f. o. b. mill: Mill
run. $21 per ton; rolled barley, (34 030:
rolled oats. (83; .cratch feed, (46 per ton.
CORN Whole, (34; cracked. $36 per
ton.
HAT Buying price, f. o. b. Portland:
Alfalfa, $15 per ton: cheat, $12012.50:
oat and vetch, (14014.30: clover, (12;
valley timothy, (15013.30; eastern Oregon
timothy, (18018.30.
Dalrr and teuntry Produce.
BUTTER Cubes, extra.. 420430 lb.;
prints, parchm.nt wrapped, box lota, 47c:
cartons. 48c. Butterfat, buying prices:
No. 1 grade, 45c, delivered Portland.
EGOS Case count, 30 0 52c; candled
ranch, 55 0 38c; assoclstion firsts, 57c: as
sociation aeiscts, 60c: association pullets.
47c.
CHEESE Tillamook triplets, price to
jobbers, t o, b. Tillamook. 26c; Toung
Americas. 27c pound.
POULTRT Hens, l027c: springs. 200
21c; ducks, 20V26.; ge.se. nominal; tur
keys, llva. 30c; dressed. 40c pound.
PORK Fsncy, 13sl4c per pound.
ViAL Fancy, 13 H 4? 14c per pound.
Fruit, and Vegetable.
Local jobbing quotationa:
FRUITS Valencia orange.. (3 0 7.30 per
box: lemona, (47; grapefruit. (4.50
07. AO per box: bananas, 8fe9c pound; ap
ple., (104.10 box; pears. (1.5002.50 box;
huckleberries. 10015c per pound; grapes,
California red Emperors, 11$ 12c pound:
casabss, 203c pound; cranberries. Oregon,
$6 per box; eastern. $21021.50 per barrel;
pomegranate. $8 per box.
fOIAlusa Oregon. $1.7501 par him-.
Chicago Livestock Market.
CHICAGO. Nov. 12. (U. S. Bureau of
Markets. Cattle, 10(8); compared with
a week ago. Good and choice light and
medium weight steeia and yearlings. 20i
40c lower; short fed and heavy steers. CO
1 75c lower: common grasaers and west
erns, 25c lower; fat she stock 23&40C
lower; bulls, canner and cutters mostly
2,"c lower: veal calves mostly $2 lower:
heavy calves, 50 75c off; stockers .and
feeders, 25'l50c lower.
Hogs 5000, largely 10 15c higher than
yesterday's average; mixed up most; few
late sale, weak: holdover liberal; 150
pound hogs, $7.40; light lights up to
(7.6.-.; practical top, (7.25; bulk, $6.83
t7.20; pigs steady to strong; bulk de
sirable. $8.
Sheep 1O0O, today'a receipts mostly
packera direct; few on Bale, but steady
pricea. Compared with a week ago: Best
fat lambs steady to 15c higher; in between,
50Jl75c higher; fat yearlings quoted 25c
higher; matured fat stock steady to 25c
higher; feeder lambs, 2540c higher.
Kansas City Livestock Market.
KANSAS CITY, Mo.. Nov. 12. (TJ. S.
Bureau of Markets.) Cattle, 1000, for
week. Beef steers generally 25 0 75c lower;
some off more; top. $11.25; she stock weak
to 25c lower; canners and stock cows and
heifers steady; bulls mostly 25c lower;
stock and killing calves fully $1 lower;
stocker. and feeders, 25050c lower.
Hogs 30O, fairly active to packers and
shippers fully steady with yesterday s ave
rage; packer top, $6 05; bulk lightweight
and light lights, (0.85095; shipper top.
(7.03.
Sheep none: .for week, better grades
lambs, 15023c higher; top. (0.26; lower
grades and sheep steady to 25c lower; beat
fat ewes, (4,25; feeding lamb, weak to
10c lower; few over $7.60.
Omaha Livestock Market.
OMAHA. Nov. 12. U. a Bureau of
Marketa) Hogs, 8000. medium and light
butchers steady to 100 higher, packing
grades mostly steady: close lower; bulk ol
sale.. $08 8.75; top, $6.85.
Cattle 325. compared with week ago.
Fed steers, 25 0 50c lower: western steady:
she stock, mostly 25c lower; calves, 50
75c lower; stockers and feeder, steady to
25c lower.
Sheep none, compared with week ago.
Fat lambs mostly steady; sheep and yearl
ings, 25$f50c lower; feeders about 25c
higher.
Seattle Livestock Market.
SEATTLE, Nov. 12. Hogs and cattle
ateady; no receipt.; no prlc. changes.
SAN FRANCISCO PRODUCE MARKET
Price. Current on Vegetable. Fresh Fmlts,
Etc., at Bay City.
SAN FRANCISCO. Nov. 12. Poultry
Hens. 23ft 30c; rooster., young, 200 23c;
old, 166:18c: young chlckena 20050c;
ducks, 205j22c; turkeys, dress.d, (504dc;
live, 85 35c.
Vegetables-Artlchokes. $1013 a eaae;
squash. $Mt2.25 a 40-pound lug: pota
toes $203.73: oniona brown, $4 0 4.23:
crystal wax, $3; tomatosa 76c 0 $1.30 a
lug; cucumbera, (101.60 a lug; peppers,
6'4i75c a lug; beans, string. 7010c; lima,
12Hc: carrots, (101.25 a sack; eggplant.
(1.2.101.50 a lug; mushrooms, nominal
lettuce.
lssueav particularly oila and equipments.
Standard Oil of New Jersey wa. the
moat prominent feature at a further gain
of 8 points. Standard Oil of California
gaing n and American Linseed, common
and preferred, were and 5to points
nigner. ruiiman, fresseo bteei car, pre.
ferred, and American Brak. Shoe wer.
th. strong equipments
Copper, leathers and paper specialties.
also several of the -textiles, were better
by 1 to 2 polntav theae In turn being
offset by xnoderat. recessions in mlscel-
laneous issues, including mail order stock.
Sales were 865. 000 .haras.
Th. days light dealing. In bond, cen
tered in liberty issues, the n.i and secona
4 showing marked strength. Domestic
Issues of the railway and industrial types
were dull and internationals showed irreg
ular changes. Total sales . par value.
(6. 750.000.
Changes In the weekly clearing house
statement reflected the Interruption
business caussd bv the two bolldaya. Actual
loan, and discounts contracted by a little
mor. than (22.ooo.ooo. raervH of mem
bers of th. federal reserve bank increased
by slightly over (23.O0O.OO0 and a cash
gain of about $32,000,000 lifted the excess
reserves to about (33.000.00O, in contrast
to the deficit reoord several week, ago.
Trading in foreign exchange was irreg
ular. British and French rates held firm,
Belgian and German quotations eased and
a jump in Norwegian rate, was offset by
the reactionary tone of Spanish bills.
NEW BOND ISSUES SELL QUICKLY
Absorption of Offerings Hhows Sound In
vestment Demand.
NEW YORK, Nor. 12. With trading on
the stock exchange reduced by two holi
days, interest this week shifted to the
broader field of finance, commerce and in
dustry. Inquiry for high-grade securities, which
sttended the recent fall in money rates,
lost much of Its impetus, but the speedy
sale of many new underwrltings offered
cumulative signs of a sound investment
demand.
Eliminating the oils and equipments,
which dwarfed all other Issues in strength
and speculative importance, ths stock mar
ket presented few features of interest.
Ralls were irregular at beat, becoming
heavy in spots when it developed that the
leading eastern and western railways had
Joined forces to cut wages.
Recovery In the price of oils and by
products was the most constructive fea
ture. Domestlo sharea probably owed their
strength lsrgely to recurrent rumors of
salt water In the Mexican fields and gen
eral dissatisfaction with conditions there.
In the industrial aituatlon the most
significant event was the large decrease in
bookings reported by the United Statea
Steel corporation for October. This wss
the more disappointing because Septem
ber's slight sain In tonnage, the first in
more than a year, had encouraged hopes of
a turn for the better.
The diaarmament conference waa the
subject of discussion In high- financial
quarters, chiefly because of the conviction
that it will bear, Indirectly at least, on the
large foreign debts to this country
Announcement that the British govern
ment had arranged to make monthly in.
terest payments gave rise to Intimations
that France and some of the other allied
nations may aoon make known their at
tltude in this same connection.-
It Is pointed out by international bank
era. however, that the ability of the con
tlnental countries to meet their payments
to the United Statea rests largely on the
outcome of affaire in Germany. - Further
decline of the mark to a level, bespeaking
economic paralysis. was. viewed with
greater apprehension, 'especially in London
and Paris.
CLOSING STOCK QUOTATIONS.
(Furnished by Overbeck ft
pany, romano-)
Adams Exp. . .
Advanca Hum.
do pfd
Agr Chem ...
do pfd
Aiax Rubber..
Alaska Uold. ..
A'.anka Juneau
Allied Chem..
Allls-Chal
do pfd
Am Beet Sug..
Am Bosch ...
Am Can Co. ..
do pfd
Am Car ft F. .
do pfd
Am Cot Oil...
do pfd
Am Drug Syn.
Am Hide ft L.
do pfd
Am Ice
Am Int Clorp.
Am Linseed...
do nfd
Am Loco
Sales. High.
Cooke corn-
Low.
900
200
1.4oO
i.Yoo
800
2,000
200
200
100
400
2O0
800
's.Voo
Vo'6
loo
Yoo
1.400
8,700
8O0
4.800
31
5(1
20(4
""
4(1'.
35
82
27
33
81
80
136
30
501
19 )
"
451.
35 V.
82
27 Vi
33
31
89 H
135
24 21
.5
1UV,
'65H
87
33
01 H
94
5
10 4
"65
58
93
Bid.
48
12
30 H
31
5614
20
46
s.-
82
27
32
31
so
136
113(4
2414
46
8
1014
51 (4
65
30
34
61
94
do pfd 108
mushrooms,
crate; celery. (1.50
S1.506 2
0 2.30 crate; pumpkins. 75c0$l a sack
peas, 7013c a pound; sprouts, 70c a
pound.
Fruit Orangea, Valencia. $40625:
lemona (303; grapefruit. $4 0 4 50; apple.
8 and 4-tler, $103.50; strawberries pet
crate. $1.250 2: raspberries, per drawer,
60c 0(1; blackberries, per drawer. 60 0
&-c; figs, double layer, (101.5O; casabss
per crate. 65 0 90c; grapes, seedless (4.25;
others (304; cranberries, per box. (5.50
0 6.
Receipts Flour, t310 quarter sacks;
wheat. 8 centals: corn, PRO centals; pota
toes. 2187 sacks; onions 92 sacks: hay 820
tons; hides 1358 buntUs; oranges and
lemona, 1600 boxes. ,
Coffee Future. Irregular.
NEW YORK. Nov. 12. The market for
coffee futures waa quiet today, but ruled
lower owing to th. easier showing of Bra
si! over yesterday's local adjournment and
scattering liquidation. After selling at
7.90c early, March rallied to 7.95c, com
pared with 9.97o at the close of Thurs
day, but th. bulg. was not fully main
tained and aft.r opnelng at a decline of
seven to eight points, th. market closed
U-re. to elgnt points net lower, except Jan
uary, which was flv. points higher. Sale,
were estimated at about 20.000 bags! Clos
ing quotations: December, 8.83c: January,
S 38c; March. 7 92c; May. 7.62c: July. 7.72c:
September. 7.64c
.Spot cofte dull. Rio 7s 808o;
Santos 4s ll012e. .
i
Dried Fruit at New Tork.
NBW TORK. Nov. 12. Evaporated ap
ples. nomtn.lt Prunes fair demand.
Faach.cs, steady, .
Am Saf Razor
Am Ship & C
Am Smelter...
do pfd .....
Am Sruiff ....
Am Steel Fdy.
Am Sugar ...
do pfd
Am Sumatra..
Am T ft T....
Am Tob
do B
Am Wool ....
do pfd
Am W P pfd..
Am Zinc
Anaconda ....
Assd OH ....
Atchison .....
do pfd .....
ill a a W I..
Bald Loco ...
do pfd
Balto ft Ohio.
do pfd .....
Beth Steel B..
B R T
Butte C ft Z. .
Butt, ft Sup. .
Burna Bros
Caddo OH
Cal Packing...
Cal Pet
do pfd
Can Pac
Cen Leather..
Cl.and Motor..
Chi ft N W...
Chgo Gt W.. .
do pfd
Chill Cop....
Chlno
C M St P ,
C M St P pfd.
Coco Cola....
C ft O .
Colo F ft I... ,
Col South....
Col G ft E. . .
Col Graph....
Con Oas ....
Cons Cigars.. .
do nfd .... -.
Contl Can
Com Prod....
do pfd. .... i
Cosden Oil...
C R I ft P ..
do "A" pfd.
do "B" pfd. .
Crucible
do pfd
Cuba Cane...
do pfd .....
Cuban A S...
Del ft Hud.. .
Dome Mines. .
Del ft Lack. .
Endlcott-John.
Erie
do 1st pfd. .
do 2d pfd . . .
Fam Players.
Fed M ft S...
do pfd
Flek Tire....
Gen Cigar. .. .
Oen Bec .
Gen Motor. . . .
Glen Alden... .
Gen Asphalt.
Goodrich ....
Goodyear .... .
Oranby
Gt Nor Ore..
do pfd ....
Greene Can.. .
Gulf S Steel..
Hask Barker.
Houston Oil..
Hupp Motor..
Iha Cent ....
Inspiration ..
Int A C com.
do pfd ....
Interboro ....
do pfd ....
Inter Cal
Int Harv....
Int M Mar...
do pfd .....
Int Nickel...
Int Paper....
do pfd. ...
Invincible Oil
Island Oil...
Jewel Tea ..
K C South. . .
K. C Sou pfd
Keltv-Ppgfld..
i Jaeaaeceu
300
9. loo
2.000
800
SUM)
5O0
1.600
6,3H
1,600
800
1,300
4
40
80
55
81
86
111
125
121
78
4(4
5
80
30
55
81
85
111
125
121
78
"2.'500 43 43
''VbO '86 '86
'i.Voo 'so 'so
14.4O0 96 93
"i.Voi '37 "87
' 2,800 '58 "S7
"Yoo ii2" iii
1,500 14 14
6O0 71 71
1.600 48 43
"i.Yoo ii'3" iii"
4.200 80 20
200 4 40
400 68 68
"1,400 "ii' '12
, 400 26 26
""400 "S7"" "3fl"
2.800 39 89
"i'006 "46 "3fl"
1,800 63 '4 63
1, 100 3 8
400 93 83
"i860 '89 '88
'i,600 "S3 "S3
700 82 32
100 80 SO
"2,766 "66" 65'
"160 "t" "7
800 18 18
600 14 14
'"'106 "H" "ii"
100 io io
8,200 781, 71
200 12 12
200 14 IS
"i.no "4" "ei"
100 6 (
" 1,266 "ii" 'io'
"460 i34 134
7.8O0 11 11
'(,9(10 "4 "63
500 82 82
" 506 "ii" 'is"
300 32 82
600 74 78
""ioo 80 '89
(.100 78 74
800 77 77
100 11 11
200 9 96
2O0 80 86
200 7 7
100
100
tlOO
800
(OO
200
600
6.700
IOO
1.700
1.700
2O0
200
8 B OO
1..V0
2
6
4
78
11
51
13
56
85
10
8
11
24
"if"
2
6
4
77
11
61
13
54
83
10
s
11
24
"io"
4
7
40
83
101
20
55
81
85
111
125
121
78
102
23
8
43
101
86
83
30
0
106
87
61
68
8
4
14
111
14
71
43
79
114
30
40
6S
8
16
12
26
23
86
39
53
24
40
63
93
24
6.1
46
88
108
83
82
80
63
63
85
7
18
14
107
19
109
73
12
17
12.
64
6
26
11
60
134
11
42
64
32
10
24
82
73
22
39
76
77
11
96
36
S7
1
6
4
78
11
50
18
55
85
10
im
24
81 1
41
23 a,.
8.000
13.300
200
400
300
4'JO
Sou
'i.Yoo
800
400
400
100
800
3O0
SO T4
115
23
14
25
1
8
'"' ,
19
43
80
114
23
14
25
1
"17
18
42
40 40
89
77
. 13
13
39
77
. 13
13
8,200 78 78
600
51 8
900
60
72
3
58
72
3
100 19 19
Keystone Tire
Lack Steel ..
Lee Tire .....
Lehigh Val ..
Lorltlard
Lowe Theatre.
L ft N
Mackay
Mariand Oil...
Mex Pet ....
Miami
Mid States Oil
Mtdvale Steel.
M K ft T....
do pfd
Mont Power..
Mont Ward...
Mo Pac
do pfd
M S P ft S 8 M.
Nor Am ....
Nat Biscuit .
Nat EnameL.
Nat Lead . . .
Nevada Con...
New Haven..
Norfolk ft "W.
Nor Pac ....
Nov Sco Steel
N" Y Air Brk.
N Y Central..
Ok Prod ref.
Ontario Silver
Ontario & W.
Otis Steel ...
Pacific Dev. .
Pac Gas ft EI
Pta Allegro...
Pacific Gil . .
Pan Am Pet.
do "B"
Penna
Peo Gas
Pere Marqre.
Pure Oil ....
Phillips Pete.
Pierce Arrow .
Pierce OH ...
Pitts Coal ...
Pitts ft W Va
Prsd Steel Car
Pullman ....
Ray Con. ....
Reading .....
Remington ...
Repub I ft S.
do pfd......
Rep Motors . .
Royal Dch Oil
Ry Steel Spg.
Stand Oil lnd
Sears Roebuck
Ehattuck, Ari
Shell T ft T..
Sinclair
Stand Oil Cal,
do N J
Sloas-Shef ....
So Pacific...
So Ry
do pfd .
St L ft S F. ..
Stromberg C.
Studebaker ..
Swift ft Co...
Tenn Cop ft C
Texas Oil ....
Texas Pac . . .
Tex Pac CftO
Tob Product..
Tran Con Oil.
Union Oil Del.
Union Pac ....
United Alloy .
United Drug..
Unit Fd Prod
United Fruit.
Ltd Rds N J. .
do pfd ....
Unit Ret Strs
U S lnd Alco
U S Rub
do 1st pfd. .
U S Smelt. . . .
U S Steel
do pfd .
Utah Copper..
Va Chem . . .
do pfd ....
Van Steel 1 . .
Vlvandou . . ..
Wabash
do A pfd. . .
do B pfd. ..
Wells Fargo..
Western Pac..
West Union...
West E ft M. .
Wejt Md
White Motors
Wills-Over ...
do pfd ....
Wilson Pack.
Wia Central...
Woolworth . ..
Worth Pump..
W ft L E
White Oil
BONUS.
U S 2s. re...10OlN- Y C deb 6... 97
do coupon.. ! 00 I North Pac 4s.. 90
U S 4s. reg. . .K4l do 3s r
U S cv 4s. coul-04IPac T ft T 5s.S9
Pan 3s reg... 7IPenn con 4.. 00
do coupon.. 76lSou Pac cv 5a..01
Am T-T cv 6s l3ISou Ry As 80
Atch gen 4s.. 87lUnlon Pao 4a..84
D ft R U con 4s 71 IU 8 Steel 5e. .. 98
200
200
200
6,000
10.100
1,800
900
200
700
2.900
6,600
'i.300
100
86
1.9O0
5O0
200
200
200
""Yob
2.700
400
"i.5'00
Yolo
6.800
9.300
8.400
100
1.9O0
SOO
loO
600
"j.ioo
' '4,906
16. 400
200
8,7l0
300
1,800
(.800
400
10O
2.400
8
(3
28
46
61
47
86
56
19
86
82
"7
60
'61
107
14
70
23
50
' 7 V
50
89
93
66
'7
24
92
176
30
TO
19
44
22
'rs
100
9
46 .
22
o
60
9
28
123
26
70 .
8
' 63
. 28
46
50
46
85
68
18
86
80
"7
60
"ei"
104
14
70
23
60
'"7
49
88
89
66
'37
. 23
85
168
30
78
18
44
22
'ra
100
9
45
22
20
60
8
22
123
2
97
100 118 118
Y.566 "06 '49
1.400 45 44
6,300 49 48
2O0 90 90
V,o6 '83 "R2
200 112 111
- 700 58 66
100 28 28
"800 'si" 'ii
400 7 7
"466 "ii" '26
"406 '87 '87
1.8O0 47 46
100 9 8
100 87 87
400 6 6
"ioo "si "ai"
"'100 iii 122
' 200 42 42
i,s6o ' is ' is' '
40
27
34
141
15
108
62
30
114
23
14
23
1
3
54
17
18
42
66
40
118
30
76
. 13
13
96
78
21
59
72
8
4
19
9
8
63
28
46
60
46
86
66
18
36
32
13
7
59
24
61
107
14
70
23
60
82
. 7
49
89
93
66
6
87
23
91
176
39
78
18
44
22
S04
73
100
9
46
22
30
60
9
22
123
26
00
11
118
8
21
60
44
40
90
3-2
83
112
56
27
73
82
6
7
20
13
61
19
87
47
8
87
6
80
31
25
122
41
7
13
do 6s, 1925
Brazil es (new)
British 5s 1122
do 6s. 1027
do be. 1929
do vky 4s ..............
do ref 4s
Bordeaux 6s 1034 .........
Canadian 3s. 1!21 ........
do 5s. 1926
do 6s. 11129
do 5s. 1931
do 6s 1921
do 5s, 1927
Chilean 8s, 194 1C
Currency
Denmark 8s 1045
r.ani.-h. Muni 8s 1945
French 4s 1917
do 5s. 1921 :
do 5s. 3981 ;
do 7s, 1941
do Ss, 1045
German W L 5.
Berlin 4s
Hamburg 4s
Hamburg 4a ..............
Leipslg 4a
do 6s
Munich 4s
do 5s ,
! Italian 5. 1918"?"!""
Japanese 4s, 1931 .........
do 1st 4s. 1023
do 2d 4s. 1923
Norway Ss 1840
Russian 5a. 1921
do 3S 1026
do 6s. 1919
Swiss 5s. 1929
do 8s. 1940
U K 5s. 1921
do 6s. 1922
do 6s. 1929
do 6s 1937
Bid.
Liberty Bond Quotations
Liberty bond quotations furnished by
Overbeck & Cooke company of Portland:
High. Low. Close.
Liberty 8. 95.44 86.22
do 1st 4s
do 2d 4s
do 1st 4s.
do 2d 4 14S.
do 3d 4s....
do 4th 4s...
Victory 4a ...
do 3
....9300
94.84
00.48
94.84
....99 78
99.74
94.63
94.72
96.36
94 78
99.72
99.72
Boston Mining Slocks
BOSTON, Nov, 12. Closing quotations:
Allouez
Ariz Com...
Cal & Ariz.
Cal ft Hecla
Centennial .
Coo R C Co. . .
E Butte Cop M
FTanKlln
24 N-orth Butte.
. 8IO!d Dominion.,
. 54 lOsceoIa ,
.22 t Qulncy
. 8'Superior
85 I Sup ft Boat M.
9lshsnnon ......
1 ftah Con
Isle Roy (cop). 21 l Winona
Lake Copper.. 2t Wolverln.
Mohawk 61 I
10
23
30
30
2
1
100
3
43
12
Swift ft Co. Stocks
Closing prices for Swift ft Co. stocks at
Chicago were reported by the Overbeck ft
Cooke company of Portland as follows:
Swift A Co 100
Llbby. McNeil A Llbby 7
National Leather 5
Swift International 23
Money, Silrer, Etc.
NEW YORK. Nov. 12. Foreign bar all.
ver, 66c; Mexican dollara, 61c
LONDON. Nov. 12. Bar ,ilvr, 8d
per ounoe. Money. 23 per cent.
Discount rates Short bills. 8 per cent;
three months bills. 8 03 15-16 per cent.
New York Sugar Market.
NEW YORK. Nov. 12 Raw wr
trifugal, 4.06?4.11c; refined, fin, granu
lated, S.205.3Oc.
New York Bands
New York bond quotations furnished by
Herrln ft Rhodes, Inc., of Portland:
Am Tel ft Tel 6s. 1922 00
Am Tel ft Tel 6s. 1924 0974
Am Tobacco 7s. 10C2. ............. . 101
Am Tobacco 7s. 1023 101
Anaconda 7s B, 1020 ., 300
Anaconda 6, A. 1029 95
Armour cv 7s 10:10 102
Armour 4s 1030 83
Argentine GI 5s, 194S 78
Am Ag Chm 7s. 1041 100
Beth Steel 7s. 1(122 180
Beth Steel 7s 1028 100
Beth Steel Eq 7e. HWfi 102
Belgium Ext 7s 1940 103
Belgium 6s lft55
Belgium 8s. 1040 104
Bergen 8s City of. 1943 103
Berne 8s City of, 1945 107
Brssil 6s. 1941 lfnvi
Canadian 5a. 1926 05
Chicago. N.-W. 7s, lfrsO 105
C M. ft St. P. rnftrf 4, A. 2014.... 58
Can Nor 7s 1040 lf8
Chile 8a 1041 100
Christiana 8s. City of. 1943 105
Copper Exp Rs. 1022 101
Canner Exp 8s. 1023 101
Copper Exp 8s HC-H 102
Copper Exp 8s. 1025 102
Cuban Amer Sugar S,. 1931 100
Con Gas cr 7s. 1925 104
Dla Match 7s. 135 10R
Denmark 8s 1945 1"
Danish Mun 8s. 104G loo
Dupont 7s 19S1 loi
French ext 8s 1945 101
French 7s. 3 941 .".
Grand Trunk 7s 1940 ll7
Oondyee-r 8s, 11141 IOO
Gulf Oil 7s 1033 102
Hinr.ble Oil 7s. 1023 00
Int Rap Tr ref 5s. 1906 54
Int Mar CT 6s 1041 86
Int Rap Tr 7s, 1021 74
Kennecott 7s 1930 00
Libhy. McNeil ft Llbby 7s 1931 lor.
Morris ft t-'o 74,8. ih.su... Jiflft
N Y. C. call 7s. 1B30 105
Norway 8s lo 107
Northwest Tel 7s l4l itm
Ohio C. G. 7s H23 94
Pac Gas Else 7s. 192S 04
San Paulo 8s. 10R6 lo
Southwt Tel 7s. l2.t 101
Swedish Govt Km. loan 05
f-tandard OH N. Y. 7. 1931 107
Steel ft Tube 7s 1931) 96
Swiss 8s. 1040 110
Sears Roe 7s 122 300
Sears Roe 7s 1923 lon
Solvay 8s. 1927 32
Swift ft Co 7s 1055 IOI
Un Tank 7s 1030 12
U 8 Rubber 7s. 1930 .' 103
Wilson 1st 6s. UK.'1 87
West Elee 7s. 192.1 12
Westlnghouse 7s 1931 15
Zurich 8s 1945 106
Foreign Bonds.
Foreign bond quotations furnished by th.
Overbeck ft Cook, company of Portland:
Bid. Ask.
Belgian rest 5. 61 65
do prem 5.. ................ 63 70
do 7s. 104S 10 1"4
. da 8a, lfial ..L.u....al04 106 I
,. 95
.102
.309
.. .392
.891
.801
.279
88
. 90
. 4
. 96
. 94
. 89
. 89
.1(11
. 13
.106
.103
. 43
. 63
. 55
. 95
.101
. 2
. 3
. 8
. 8
. 8
. 4
. 8
..
4
. 81
. 68
. 85
. 85
.106
. 66
. 18
. 8
. 94
.108
. 92
. 99
. 85
. 81
86
102
409
402
401
811
2HS
87
91
84
96
91
91
101
16
106
108
48
64
66
96
101
8
8
4
4
8
i
5
8
6
32
69
83
85
107
66
18
4
94
108
100
99
85
84
Foreign Excbanfa,
Foreign exchange rate, at th. clos. of
uu.iucn fm.iuaj, iutii.ni.cu j w, .
western National banq of Portland. Th. I
amount quoted Is the equivalent of th.
foreign unit In United State, funds:
Country Foreign unit. Cheque..
Austria, kronen ( .0008
Belgium, francs ................... .0706
Bulgaria, leva .0076
Czecho-Slovakla. kronen .......... .0112
Denmark, kroner .1805
England, pound sterling .......... (.0509
Finland, flnmark .0200
France, francs .0780
Germany, mark. .0042
Greece, drachma. .0425
Holland, guilder. 8781
Hungary, kronen ................. .0015
Italy, lire 0415
Jugo-81avia, kronen .00-11
Norway, kroner .l.'lo
Portugal, escudo. ................. .1005
Roumanla, lei .. ............ ... .0075
Serbia, dlnara .0113
Spain, pesetas . - .1382
Sweden, kroner .2322
Switzerland, francs 1010
China Hongkong, local currency. . . .6360
Shanghai, taels 7900
Japan, yen .4875
NEW YORK, Nor. 12. Foreign ex
change. Irregular; Great Britain, demand,
3 04; cables, 8 94. France, demand,
7.24; cables. 7.21 Italy, demand. 4.09;
cables 4.10. Belgium, demand, 6.91; ca
bles 6.02. Germany, demand, .35; ca
bles, .35. Holland, demand, 84.65; ca
bles 34.71. Norway, demand. 14.12. Swe
den, demand, 23.00. Denmark, demand,
18.55. Switzerland, demand. 18.92. Spain,
demand. 13.75. Greece, demand. 4.20. Ar
gentina, demand. 32.75. BraslL demand,
12.87. Montreal. 91.
Largo Increase In Excess Reserve.
NEW YORK. Nov. 12. The actual Condi
tion of clearing house banks and truat
companies for the week shows that they
hold $35,123,750 reserve In excess of legal
requirements This Is an. Increase of (22.
161.800 from last week.
WHEAT STRONG, HIGHER
HEAVY SPECULATIVE BUYING
GIVES MARKET UPTURN,
Eastern Trade Believes Important
Advance Is Due Demand
From Mills Larger.
CHICAGO, Not. 12. Parai-rtent buyinr
by .ftron.? commission houses and shipping
interests save a big upward swing today
to wheat. Pricea closed strong1, 3c to
4o net higher, with December $1.00 to
$1.00-14 nd May $1.13 to $1.13. Corn
gained c to lo and oats Ho to 0 7.0.
.Provisions finished uachansed to li'c
lower.
It wu current rosslp that ths buying
of wheat was largely dut to a combina
tion of eastern interests acting on ths
basis that wheat pricea were too low and
that an important advance waa to -be
expected. Furthermore, advices told of
country selling being limited, with primary
receipts greatly reduced as compared with
a year ago. Continued lack ot moisture
was also reported from ths southwest,
where new winter wheat seeding has been
delayed and the crop has been handicapped
by drouth. In addition, miller were after
yellow hard winter wheat here, a grade
which of late has been a drug on the mar
ket. Exhaustion of the stock of No. 1
Manitoba in Liverpool and prospect of 1
decrease In the Uulted States visible sup
ply total Monday tended likewise to help
the bulls. The close was at practically
the day's top.
Corn and oats were moderately active
and higher In sympathy with wheat. Sea
board messages reported an active Euro
pean demand for corn.
Packers' selling of lard had a depressing
effect on provisions.
The Chicago grain letter received yes
terday by the Overbeck tfc Cooke company
of Portland follows:
Wheat The strength of foreign markets
was the chief stimulus here today and
the close was at net gains of 8-Vit to 4 V.
cents over Thursday. The extreme ad
vance waa tn the December delivery, which
was a reflection of the Improved milling
demand for all grades of wheat. Stocks
of contract wheat In Chicago are not large
and any broadening of the outside milling
inquiry easily cr nates a strong position
before the end of December. Bearish
news from Canada was without Influence.
A Winnipeg meatiage reported bids out of
line and said it looked aa If Winnipeg
prices would reach a level under' the
United States market which, will enable
their wheat to come Into this country
duty paid. The pronounced strength in
securities has created a feeling of optim
ism as to business conditions and com
modity values, especially in the east, and
buying of wheat from that section of the
country la of such proportions that prices
are apt to work irregularly higher al
though we would like to see an Improve
ment In the export situation before taking
an aggressive position on the buying aide
of futures.
Corn It waa a strong market through
out the session and responded readily to
the advance in wheat. Receipts for two
days were estimated at 810 cars and the
cash market was firm at about one Cent
advance. Shipping sales reported were
22(1.000 bushels. Including 64,000 to ex
porters Country offerings to arrive are
only fair despite recent predictions of an
early and heavy movement of new oorn
to market. Prices are at a level where
the Investment side off era better oppor
tunities. Oats Held firm with other grains and
on buying led by commission houses and
cash interests. Receipts were estimated
at 115 cars and the spot trading basis
waa firm. Country offerings to arrive
light.
Rye There was a fair trade In futures
with shipping houses removing and placing
hedges here against shlDnlnc sale and
country purchase?!. Cash rye wae inactive
with little offered.
Leading futures ranged as follow:
WHEAT.
upen. High.
l.oa
CORN.
-58 "4
OATS.
.82-5,
3.-4
NOTICE!
Do You Know
That the WITCHITA ROYALTY CO. has just
paid a total of 50 in cash dividends the past
16 months?
Dividends fjre paid the 15th of each month to all
stockholders of record before the second day of
same month.
For complete information write or call '
HOWLAND & PEDERS0N, Inc.
1314 L. C. SLUTH BLDG SEATTLE
ELLIOTT 3188
We own and offer .
Umatilla County, Oregon
UNION HIGH SCHOOL DISTRICT NO. 2
5ft GENERAL OBLIGATION BONDS
Due June 1, 1927
Assessed Valuation $2,952,940.00
Net Debt 35,000.00
- Population, 8000. -
Price to Net 694
FJ.nevereauxRCQmpany
INVESTMENT BONOS
6T SUBCM STREET PORTLAND. OREGON BROADWAY 1043
oround noon WELLS-TARCO BUILOINO
1.20: No. t dark hart. (t.l5MS: No. 4.
(1.10. No. 1 bard, (1.1201.14; No. 2. (1.10
.1; No. 8. (1.0TB 1.14.
Winnipeg Grain Market.
WTNNIPEO. Not. II. Cash wheat. No.
1 northern. (1.12; No. 2. (1.09; No. .
99Tc; No. 6, bc Futures November,
(l.Oefc; December, (1.04; May. (1.10.
St. Louis Grain Market.
ST. LOUIS, Mo.. Not. 12 Cash wheat
No. S red. (1.1T; No. 2 hard, (1.08: No. .
(1.0S: No. 1 soft, (1.10: No. 1 red. (1.22;
No. 4. (1.0T; No. 4 yellow hybrid. (1.
Dnlnth Unsoed Market.
DULtTTH, Minn., Not. 12, Llnse On
track, (l.oaV.'gl.gi'; to arrlTS, (1.8.1..
Grain .e San Francisco.
SAN FRANCISCO, Nov. 12. Orsln
Wheat, milling-, $1.8001. 00: feed, (1.80B
190; barley, feed, 1. 20O1.25; shipping,
tl 2THl s-: a-s. red feed. (1.40W1.6U,
oorn. whit. Egyptian, (1-07 A 1-70; red
mllo. (l.2V41.87n. .
Hay Wh.at. No. 1. (118: fair. (18
Bl: tarn. oat. (13B16: wild oat, (luBlll;
airalfa, (1201S; stock, (8010; streaw. (10
B1A
Seattle Orsln Market.
SEATTLE, Wash., Not. 12. Wheat
Hard white, white club, .oft rsd winter,
n.. ..Kit. si iia- hard red winter.
(1.08; northern spring. (1.07; .astern red
walla, (l.oa; rug nena oiuw.in. ..-..
City delivery: Corn, whols yellow. JS5;
cracked. (87; feed meal. $87; barley, whole
feed. (84; rolled, (86; ground. (88; clipped.
(41; oats, whole feed, (:i; rolled, $30;
' mo. ..ii... 1.1. wheat, re-
cleaned feed, (44; all grain chop. (38; chick
feed. (57; chick masn. ao; growin. i
(U; growing mash. (51; egg mash. (Ill;
soratch feed. 45; wheat, mixed feed, (:;
cocoanut meal. (80; oottonaaed meal, (411;
Unseed oil meal, (J0; soy . bean meal. $02.
Hay Alfalfa, No. 1, fiO; timothy. No. 1.
(27; straw, (18.
QUOTATION. OX DA1BT FBODCCJC
Current Price. Ruling on Batter, Cnees
and Kgga,
SAW FHANCISCO. Not. Ii Dairy Tro
duc .xchang. oloed.
NTTW TORK Not. II JButtar t.ay.
Creamery higher than extras: 464f4Uc;
creamery eitraa. 45o; firsts, ST 44a.
Eks. firm, unchanged.
Cheese Irregular, til ale whole-milk flat.,
fresh, specials, 21 Vs 8 Sic; other, un
changed. OTTTCAGO, NOT. 12. Butter hlrher.
Creamery extra., eSfcc; firms, S4f42o;
second., 13033o; standards, Mo.
Eros higher. Receipts. 6010 ease.
Firsts. M Si 55c ; ordinary firsts. 48647c;
mlBcellsneoua, GOtr52o; refrigerator ex
tra.. 84; refrigerator firsts, 28 ttc
8HATTT.H, Not. 12. Efrgl, select local
ranch white shells. 80c; do mixed colors.
GSo; puMete. 48c; butter, city creamery,
cubes'. 4Hc: bricks or prints. 47c.
OVERBECK &
COOKE CO.
Bioken, Stxka. Bond. Cotton,
G rait, Ktc
tl-tl7 BOARD OF TRADE BLDG.
YVk..U Wall, Wtuila,
l'ortliuitlj Or.
rendieion. Or.
MEMBEBS CHICAGO BOARD OF
THADt.
OoiT-Mponrirnta of Ixtmui Bryan,
Chi cmc o Bond ew York.
MFMBFRS
Now Tork Stork Kir h-nvn.ro.
rhtraco Stock Rxrhanico.
liuftton Stuck Kxcht.nre.
Chtcotro Hoard of Trtwle.
Sw i ork Cotton Kxrhiin.ro.
w Orltmnn Cotton Kxrhi.tig-Oa,
w York l'roduro Kiohtuic.
VliUi1p4r (n.tn KxrhangA.
.Liverpool Cot to a AnVocliUioK.
WANTED
A high-grade Saks Executive to sell
securities in the Northwest in one of
the most promising; industries on the
Pacific Coast. Additional capital
wanted for expansion in foreign
countries. Financial statement shows
over million working surplus capital.
Give particulars and references in
first reply. Address:
. L 227, OREG0N1AN
Deo,
May
Deo.
ilajr
(1.0514
.... 1.10
.48
Low. Close.
(1.05. (l.oe
1.10 1.18
Dee.
May
.81.
.87 H
Jan.
MESS PORK.
,4H
.82
.48
.62 5
.8!
.87
14.00
LARD
Jan 8 45 S 45 '. g 40 g 42
May .... tt.lro 8.95 8.85 8 85
SHORT RIBS.
Jan T 52
May T.50
uasn prices were as roiiowa:
Wheat No. 2 hard. (1.10.
Corn No. 8 mixed. 446440: No. 2
yellow, 4804840.
oats No. 2 white, 89.B3oc; No. 8
white. 82 84c
Rye Nominal.
Barley 64 0 000. x
Timothy seed (4.5OC5-80.
Clover seed (12618.50.
Pork Nominal.
Lard (0&9.05.
Ribs $ I.T8.
Minneapolis Grain Market.
WTWNli-iphr.IH Kav. 1 7 P, wh.t
No. 1 dark nortnern. fi.2loi.ai; NO.
2. (1.24 er l.T a ; .no. s. si.io cj ;
No. 1 northern, ll.:1C'2sV; No. 2.
(1.214 1.24 : No. 8, (1.14KB1 20,.
Barley. 35fe.54c; Flax. No. 1, (L814.B
si mm
Future, wheat Dec..
91.19 V..
(1 20 ; Mar,
Kaneaa City Wheat Market.
KANHAB CITY. NOT. 38. Cash wheat
2a la as aUshari Ms. 'J dark bard, (1.15 0
WANTED
Several high-class, experi
enced stock salesmen to
participate in launching
new basic industry of great
importance to Portland.
No investment required.
Apply at once to
412-413 Corbett Building .
KORITE
Scientifically
Waterproofs Shoes
Ask Yaw Dealer
ALLEN BROS. CO.
BROKERS
LISTED STOCKS
920 Oman .f Can.' Blda. 611-la.
HOW TO BUY
SAFE BONDS
Th following booklet! may bo obtmJnod
gratia by writing on your bualnaos of
pernor. fU stationery.
"10-Year Price Range of All
Listed Bonds"
t.seth.r with 1D21 vale, and Prtoe.
"Buying Safe Bonds on
Partial Payment rian"
Also
Semi-Monthly Investment
Circular
L. A. HUGHES & CO.
INVESTMKKTS
100 Broadway New Tork
REWARD
FOR YOU
1ATS0NLCD
XOICME
FRCENA
RISSUA
YALIT
IREDNLA
NALGNED
DAACNA
KRAMDEN
What ar tha f namaa af
eountrta.f Th Uttan aro
mixed, Tctyou cn mmk out
every name by eiudy-nav
ihtnmiidcoTUND, now
tryfocalL Send your Ut lat
ferret or on a poitil car
with your name and aadrcea
A REWARD will be malleel
tou FREB with other iuf
prieea. Really a WONDER
FUl OPPORTUNITY
whatever your age, Enjoa?
thle plcaeura. Addre-at
ALBRO COMPANY
A.A-28. Statloa F, NawYeew.
ORGANIZING
A COMPANY?
6&T tha usual In-oorporatlner
penttes, avoid personal liability and
excesi profit taxes. OrRaniz on
the common law plan under a
Declaration of Trust
Dfmaree Mandnr-d Forma (ap
proved bv attorney) furntoh com
plete equipment with which any
one In any at ate can organise a
company. Innue nhares and begin
dolna; buslnesa the same day. Ask
for circular A containing- full de
scriptions. C B. DKMARFR,
TjkmI Blank Printer.
IS Walnut, Kanaaa City. Mb.
SAFE AND SUCCESSFUL
MARKET TRADING
OTO I.ATFST BOOKLET.
WHICH IS NECBSS ART FOR T RADIMl
TO THE SEASONED VETERAN OP
WALL STREET AND FOR TUB BI
G1NNKR. Free on Keaneet.
Aek for Mo. 64.
C. GOLDHURST & CO.
SO BROAD ST. 'EW YORK.
HERRIN & RHODES, Inc.
Established 1S9A.
BROKERS
Haw Tork Rto-nka, Bonda. Grain. (Vtti
Private) Wire. eemlre CUloaara)
Hoard of Tr-vde.
t0l-t Hallway Escnar.ge Blag.
TeleDfaone Main 2tte,-34.
KORITE
Makes new shoes comfortable.
Saves Painful Breaking-In,
A