The Oregon daily journal. (Portland, Or.) 1902-1972, December 21, 1919, Image 35

The Oregon daily journal., December 21, 1919, Page 35, Image 35

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Newspaper Page TextTHE OUEG01I .GUIIDAY. JOUniJAL. PORTLAIID, SUNDAY HORNING. Vl.Z'-llZZll 21. i:i3. A 11 DECREASED ACREAGE OF WHEAT IN PACIFIC NORTHWEST -STATES liyinsn I L Cohe CEREAL NNKIS . TvlASS flF STRENGTH Value of .Grain and Feedstuff Are Generally Higher In' Northwest for Week-Flour Very Firm. - ''.j.i; General Advances were forced In the $ chants' Exchange for the week Feeds v v mraPA, .ilraa-wles hthA h vii fhoM - wis added strength in the alfalfa liar actua tion. Plour market continued firm with ' no change in value. - ',''' 'V : - : ' the Pad fie Northwest trade (or tha ntk Oexa . and barley bid on tb exchange, were generally .j, - v wHmne; we .wraiwr vdviiv niw was w .'; . finance. - t . - . ' - .- - - Alfalfa Bay reflected much etrtnxth with linv ' ; tted arrivals tor the week. An advance of 11.00 -';"' A too in tha baying- price was reported. , .;-...-- MTtnj anarp advances werw screen in un pro Of muireed wttn. tDe greater demand. . '" ,l Haw mik hraMl mh4)i . mrtill. . Mtm -v. njiiwi nr hixh ra aanncs uw-Dnoc. isaa- tTWJCR- IUihi vnm, new crop: Patent, - 911.75; wholewheat flcmr, 310.45; Willamette :.'; Vlliav. I H HA IumI altalaht L fllfl "fl ii i i ii- rooaL $11.6011.76 Montana apring wheat. . patent, 411.76; rye floor, 810.10; eaiaeaaL .1 $18.00; crehem, 811.00. Psion (or city de- xtrrTie in nvo oerrai let. t- : ax xtuying pnee, n-w crop: Willamette timothy, tancy, 127.00; Eastern Oregon-Wain- ,lfftM aewmt w4e-..n'K-a f a 1.U. At A . . valley retch. 826.00; eheet. 318.0 w20'09; atraw, sio.uv; clover, z.uu; grata, 824.00. 1 " ,-ltAlN SACKS Nominal: Mew ,, fa. (A. livery, No. 1 Calcutta, 1 ta eat loU; bee : - amounts higher. ' : ..Ylh&S'1???- nnjfkv'nei, esww.vv w if.vv. -. HULA& rr rn un, 1 1 .u fa In Van (U Ko. 9 white 20 fo 6 4 BARLEY ' , nranrtam raafl Tg&n . 71 on ' . Na ft blna ...i...; . 1400 7400 7100 :::'' -: - CORN , Ho. t ydtow esso 6150 eooo -7 H imwovji aa ,aaLel gaau wria m uuta . lb elfoneA i. H00O lftO' AIM . ' BS lb. alinnaA... . . ' 2UO r SSSO aafiD ; - . . CORN Ko. Uow ........ 175 6875 5975 ITo. S ..;. 7800 7200 7250 8al On hundred tona Xanuary ahiBinent, . . ro. a Kaeceni -irauow wm, r io tons . rebraary shipment, ns. B uium yellow corn, 5 0.00: 100 tons Jsmury deUrery, No. S . ra yeUow eoni, 101.50.. . V Pi nft Wools A rft Tint of MarlrfttR www we-. a.ffc w Boston, uea. lo. -wool traaing nas . neea - Mtet rinse the elnae of the government actiont. ; knt ealaaa ere . strong, ta fact some wool is actually Mgbeai Three eighths blooded sad ' oobUubo toAo tha guar at traders.. - Too tig nan simg ' Bummer street irtnaiy 'V ear ' that devaioemanu ta .medium sorts hare f V been" a distinct aaamointaMnt. Oeeaaienal lota ' of territory - three eighths . blood- change bands : prioas, but U c1m ot quarter blood low wool Atul aamaiaa nagkaw aMM affM tmJTlm gar a. tttii4. fina -woo. M crai KMMir mot nm prwri- j ittiaiv hrtt I. . illaamiaaal nnar tnrifv tn .tJia jWVMaJ WlUJel. r s Hi IfeW4CUi W t sini.BVI oWK- i lioldvn of th Mrngxinioc IdU r likIy to - . - .M l.a.s as at J 1 ft "yfl Ia n.t Montana wool anneara to be' fully on a , . -ttarity with clean fleeces and ttossibly with aim fhaMatlM in ti. Want la at a: atandxtUl . . ... . . im.t. j J . . .1.. ;ror ins wuii. iuu a mwu) w u aialtad ideas of tha erowers.' Nothing has been : ' dnne outside of Nevada, it is said, though offers :ad been mane in -many eases. - - ; . . Reeeolts Jor the week: . Domestic, 4,878,900 - ' (nnlra. Q OSH 100 nonnda. ienair aim n a TO t nwrn . . w vioiT r'utr1 a art Tmnr e ? : 'Chicago. Dec. 30. t N. 8.) Closing f prices showed loeses in the com market of ley SUa in nata. nt kfiHt. ;. Ho -nrodncta were fractionally lower and iba- feeling ws weak. r . , . Chlcato, Dag. 20.- (t . 8.) Corn prices t were M, He lower at the start today. Cash . boasea were on tha seiling side of the market. :-.Vnria waa aniet- ' ' First trades. In ' oats were at prices Sio r ' lower, than veaterdas's close. Scattered v ' tnlssioB houses wero bidding at the atart with - Prorisions prices wera' slightly lower at'the y atart, with little demand and scattered selling. Front .Street Reviews Notes of- ta Wholesale Produea TntrfA fop lh La Wwk. - - : i r Weather conditions were the biff fac tor In oil Una ot. nuurkata durtne. the week. The atorm stilled bualneaa in many line and in aoma there was no axtlvlty whatever. .' Beharior of the egg' trade created aneae exeite- aitnt in the local market. "The initial drop in prices here for too week wag amada to the faae of very scant local arrirals. duo to the etorm which made general shipments praetieally' impos sible. It appears as if the extreme artificial raV turn prerioutly ' quoted by the Pugs wound mar ket wero so high that meet of the eggs went in that direction white the prices bad the effect. o curtailing the demand. -. ..."-.. ' . Country shTDPeis of WiOametby TalJey points lata wall sa Uuxe of Western Washington, which bad been regular shippers ta. too Facet liaaad ttade. suddenly switched their offerings .to Port land aaoT flooded toe market here with supplies for which tha demand was only nominaLv -- ., Turkey 'Hoas ft4 HioJi - . 1 Prices rated Mgh tn the tsrrkey market aleng Front street for the week; sales being made as high as 484 a pound for selected drawed stock. Arrivals of dreoed birds .were unnsnally small (luring the week; being influenced principally by the cold weather,..;- 'Few lire torkeya cam forward and that mar ket was quoted nominally at 85o a pound. - Chicken market bad such tew anirals daring tha week that it was difficult to firmly establish amet&Uoris. Prices in general ruled higher but the trad found it lost of a problem to seoure high prioa than in getting the stocka to fill actual dally requirements. Quite a tow 'poops earn forward with the fowls' frozen. : "Not enough geese or ducks came forward to establish prices In those Unas daring the week. . :' : Woathor Affeats BM - . Butter market was affected to the- extent of rise of 2o A' pound by westfcrr aondttions dar ing the week. - Storm oondftiens- made K im possible for shippers to get their botterf at and eraasa to market and aa already short supply of fresh stock was mad still shorter Bnttorfat ad Taneed only lo at the same. time. On the new prlo basis Portland b'. quoting butter lo below Paget Sound white It is paying exactly tha -same pries as the North for it. Cheese market sanation rated acUro wih prices unchanged for tha week. OouiHry Meats Ara Hlen - Sttmrdatioa of tha demand for country fcBied neats came aa a result of the colder weather while there was very little atook offered until tha last two daya of tha week. Erea) tola small u erease in offerings affected prices but little, the yearly adranca for both Teal and nogs being keen. ,;. .- ' " Aoata aurftat at Staaoetttl it Wii tha exception of soma small local busl ness which d ere loped later in tha week, the mar ket for apples waa practically at a standstill dur ing the period. There warn no shipments re ported from primary points because of weather conditions and the tie-up of the railroads. . Local business which developed in the last part of the week was chiefly for iumble pack stock that sold around 81.00 to 81.85 par box. - Potatoes Jump Higher ; Potato priosa lumped sharply higher with gen oral sales of retailers during the week around 4e a pound. No bosiness deTeloped in the coun try during the wek becauee of the fear of talning freaen stock. Pros ted potatoes destined to become a big factor in the trade for the immediate futffre and team are exprtased that the business win be demoralised Cy 'thane viviuei wi awuuo mm i .. Dalafl aiartat Adranead , Onions ad Ta need to 85.00 as the aeneral eell- tng price to retailers along Front street for the week. Thar was 'only limited business at this price In tha eitj and no actiTitr wluttersr was Indicated in the country son account of the Im possibility of making carload shipments. : Canned lafwe Firms Firmer tona waa shown for tha better gnuies of canned salmon arid especially Colombia rirer Chinook- during, tha week. Baatrn interests were keen bidders for remaining supplies of fintTclan foods. No aotirlty of momsnt was show Ja tha cheaper grade stock, which is quoted below tha actual coat of production, v Gasmen are there fore holders of tha latter grade. BRISK DEMAND A STOCK ADVANCER New York Market Hakes Good Gains at the Opening Saturday With All Leadlni Specialties Rlgaer; ... - Hew Vark, Pee. I0-(L H, Thw aUc market dosed ilsaeV toaar. Staat common rw aetad to a doting of 104ft.' Baldwin aahrantad naariy a paint Trent toe leer to 110H- UnKaal States Rubber, aar dropping to 14 ft, raillod r paint at tha atoaa. Sawtharw Paeiflo yleided to 104VW atnaral Motors raillod to S37 and Msiloan FsUuHoin. afftor farllwa to C1, rallied to a final of 1 V . - OrwclWo was finally 21 St RopwMio ataai, 11 past-Amasitan PatreUum. 10S'j Pioraa-Arrow, 77, and Unltad Retail tor, tl .. , ; v New Tork, Dee. 20. I. K, 8.) -Thera was a brisk demand for many Issues at the opening of tha atock market today. cauainA advanoes of from fractions to S points. ' Steel common rose to 105; Bald win, to 110 ; and Republic SteeL Itt to 114; Crucible, after yielding ly to 21SH. Jumped to S16. Interest was atUched to .the trading in tha oil shares. - Mexican PetroZsiua rose 8 points to 228 H t Paa-Amerioan petroleum U to 108 4 ; Texas company. 1 to 382, and Boyal Uutch. to 6i. There was a good demand for the railroad shares, St. Paul eomaon adranctns 1 point to 80; Southern Pacifio. to 105, and Chicago c Northwettam 1 point to 87 . Tha motor and oopper gbarsa war quiet. American laiematiooai roae 1 H to 111 and Cpnsolidsted tiaa 2 pointn to Pnrniahed by Overbook d Coaka. Co.. Board m i- w iti. , . . . . WJ A laUV UUIAl'l toSs Open 4H Butt 4 . 6 55 180 47 24 08 Vs tiH 8 mV i8 128 H 84 . 1104k 82 5 18 20 183 , as 55 88 87 18 851 8i . 82 84 U 218 13 72 2 ; . Furnished r United Press. . CORN" 14 a ia TV. 14 Jan. ,180 ulya8.Hv Say..;2H." uly 7 Jan. .8875 Jklay ...... J8S0 Jan. May w May ,.i.;.28oa ...... S!88 189 H . 18H 135 14 18314 188 882 . OATS ,82 .81 H 82 91 PORK 8688 " ' 8650 LARD 2808 ' 2887 BIBS Close. ' 144 187 H to 87 . 183 to 3H 112 to V4 '' 81 ' ? 82 H to 82 70 a : 87 8625 3800 2380 aa'V a .1000 " 1002 1895 2885 8625 2300 2882 , .1855 ' 1982 S Wuit jPnonrcE of the coast aan Pranalsoo Market - San Francisco. Deo. 80. (U. P.) Butter 'Extras.-. 69 Vie. ...... vr. Eggs lixtraa. 14 He; extra pnUtt. 8He; ': luidernaed pulkda, 84. .- . ' fhsoss rs)ifrr-'Ti flats, fancy, 38a: firsts, '81 Mo. ....' - M ' ' .-' . " . Seattle Market , ; BeatOe. Dec. 20. Ili. F.) Butter Fresh . .eAbes, lit; bricks, Ul etorage, brickA 85 W lttBggKresn, 70c pullets. 88 f) 88c; ator- illfAeJssOwfon and Washington triplets. S3 i 84a per lb. .:.: :'.. Los Angel Marks x r. Ix Angelea. Dee. Sl II. S. 8.) Butter California creamery extra. 67e. Eggs Fresh extra. OSes ease oount, 61: .Lave ruuiuT-xxena, vr u , piwn vv 7a; fryers, 35c i - Chicnao Dairy Predne Chicago. Dec 20. (L N. S. ) Butter Re ceipts, 2180 tubs: creamery, extra, 63 He; firsts, S8o; packing stock. 44 49. c." Era Receipts. 1702 eases; current receipts. S8y70e; ordinary firsts, 65 05o; tirau, 71e; hecks, 40 41c; dirties. 40045c. " ' Cheese Twins, mw. 29 Vi 80c; daisies, 81 . 81 Vie; Toung Americas, 31 H S2c; Long- ' korns. 3 le; brick, 20 Ve. Lire poultry Turkeys, 40c; chickens, 21e; pring. 35e; roosters, 17ei gees. 27o: ducks. X7o. GIKKHtO REPORTS FORCE A -, ' ; GENERAL DROP IK C0TT03T New Tork. Dee. 20. t It, 8. Beete of the unfavorable report of the eensw bureau on ginfitng, tbs cotton market declined 9 lo 25 points at the opening today. Later farther losses of" about 10 points - an-' March , were followed by alight rallies on coverings. - ' At the end of the first 15 minutes the un dertone was barely steady and prices were . up 15 points from the bottom, being helped -by rally in foreign exchange and advances Is securitis. ','..-..,,. '..... -i New Orleans and Liverpool selling eased prices off somewhat In tha lata dealing,- although the pressure was not heavy, Covering and trade buying caused a rally in the last few 'minutes. Tha dose war firm at a net dee lice of 12 points to a net advance of 20 points. rKSCKlPTlON Ta. " . . aiua uuumers. , , j Alloy , Steel ..... Amer. Agr., Cham. Amer. Beet Sugar. Amer. Can, e . . . . Am. - Car Fdy. . . . Amer. Cotton Oil. Am. 'Hid ds Lea, e. Amer. Linseed, e . . Amer. Loco., c . , . . Amer. Smelter, e. . Amer. Steel My. . Amer. SugsS, e... Am, Sum. Tobaeeo. a mar. .Tel. A Tel. Amar. Tobacco..,! nm, ' wooien, e, . . American- Kinc , . Ana. Mining Co. . . Atchison, c Baldwin Loco., ,. Hal to. A UtuVv o. . Beth. Steel, b..,. Brk. Rapid Traastt. Iiutt Superior. , Canadian Paoifie . (Tent. Leather, e... Chea. A Ohio..,. . ChL fit. W., o. . .. c u, t at p... 0 A N W...... Chile Oopper . . . . . Chins Copper , . , . Cons. Uas ...... Ccns. Gas Corn Products, c. , Crucible SteeL e . . Erie. c..... General - Cigars . . i . Garal IClectric . . . General Uotora. . . . i8S6 H (iraimy l-one......) 4H Gt, Northern Ore. . 87 tC Hortnern By...i 7 Grene Cananea. , . I 33 Gulf State Steel,. I 70 uuno uesttnu. as iDduK. Aleotool .1106 Inspiration Oopper.) 52 lat, Agr. ctitan... Int. Harvwtrr. , ...1183 Int. Her. Marina, e. 49 K. C.-Southern, .. 1' Kennecott Copper. . 28 Lackawanna Steal,-; 87 Lehigh -ytiinAAm Maxwen Mootrs, o.. 1 . . . ktexv retrolenm . . . 1223 Mont. Power i4-..l 50 Uiaml - Copper . . . .123 Midvale Steal 1 1 49 Mswoan Paat, .,..! Z N'atinr..! - I aa Nevada Cons. . . . 44 New Haven ....... 27 N, T. Cenrtal 88 Norfolk A W. v... 98 Northern Pan. . 81 Fenn, By. ..,...r 40 People's Uss .....I 84 Pressed Steel Car. e. 101 Hay Cons. Copper.. I 20 Br. Steel Soriuaa.. . 1 . . .-. . Reading, a 77 kocx isiana. C....1 31 Shattnek Comer . . Stoa - Sheffield . , . . J 78 Soutltem Paetlle.., 110 Southern By.. C...I 22 Studebaker. e ..V. 10 ft St. L. A San Fran. I 17 Bwut A Co. . ....1B1 ' Furnished by Overbeck f Trad building: , Open. January 8690 February ....... .... March 3478 April May 8283 una . . . . .. .... . s . . July ....... 3085 Aoust .... September ...... .... October ........ 2827 : December .. ..... 8800 A Cook Co.. Board High. 8688 3400 8878 , a -sj k ' sioo d 2848 8800 Low. Clot. 8667 .8688 .... 8565 8460 8470 .... 8818 8243- 8270 . . 8140 8075 8098 . . . 8960 ' . :. 8900 2818 2885 8800 - 8780 New Tork spot market 8925; wnchangad. KEAR RECORD APPLE PACK IJf THE DrFFR 8ECTIO i Dufur, Dec 20. Despite one of th - worst years for fruit over experienced In this section, a late frot last spring ank an , early fieea this fall, the frnlt parkins for th 1818 season will be . a near record. . At the apple crop of th Dufur Orchard company, the largest apple on eern in tlie world, ha been formerly published, no account, will be taken of it her. - The, largest pear orchard hers U also owned hy tht Dufur ompany who shipped 2560 betes. . . The xohroton 8 took A Land company shipped 110 tans of peer, and SO tons of apples. The Highland Oroliard company sent ont 082 boxes pf applet, 50O boxes of peaches, 150 hex of epricota. The Cheechago ranch tranrted 8500 boxes of applos and the Mountain View orchard company 1 BOO boxes. la addition to this a Score of smalls growers clubbed and shipped as vera! carloads of mixed fruit J ' San Franelsen Poultry Market Ran Frenciseo, Pec. 20. (U. P. ) Broiler,' 88o; large bens. 80 986c: best ducks, 28S0c Overbeck & Gc bke Co. 'Stocks- Bonds . Cotton Grsiin, Etc' DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chlcajjo BoeiM of Trs4e Correapcnaent of Lognn at Bryan Chicago tiivt York. -: " - S16-817 Board of Trad BaAdt Bff SHOETHOn BULLS PURCHASED ; BT 8HERMAX CO. FARMERS ' Moro, Dee, 20. A wore of tateretedBher man Bounty cattlemen , met here to discuss tha formation. aa association for tha Improvement of - atook. '- The members declared themselves in favor of the Shorthorn variety of cattle and th assembly purchased six purebred bulla later a coivrtgnsMnt sal ot purebred Shorthorn was held and .eight females and nine bnlls were sold to local fancier. - Meet of the purchasers will Join the association, they announced. : POTATOES ALOWO THE COAST aan Prsnclso Market : Ban Francisco. Dec- 20. (0. P.l PntatnM ..Rive whit. Ba ones aa. sun.. a J sweets. 84.00 0 5.00. Onions TsUow and white, 4.28 0 4.50; Australian brown. $3.00 06.25. .- , . . Los Anaeies Market . ' Lo Angebe. Deo. 20.(I, N. 8.) Pota t.ie New stock. Stockton BurbsnBi, fancy, 83.0043.211; Salinas Burbanks finry, 88.00; RvuwetU. 34.08 6.00: bakers' 85.60 0 6.00; local in boxes.. 81.66 91.75; loaal Whit Boss. 64.60 m 4.75. - , -' i ... i J - v V - Ratter Cah drain dticago, Cah com, No, 8 white,' 81.43 1.48; No. A white, 31.48; No. 2 yellow. 81.59. Oaf No.-3 white, 8587e. No. 2 rye. 61.77; No. 4 ry. 81.75.. . t- , , . Minneapolis CJ corn. No. 8 whit. 81.41 Q 1.44. Oats, Nn 3 white, 82 8, . " f. v TTew1 Tork. London 8IlTr New Tork.. tee. 20. H N, ,S ) Commt- dal bar sUvr was He higher at 81.88. - ' lndon. Dae. 20-(I. N. f,) Bar. sUver was d lower today at 9TL . Tenn. Copper Texas Pacific.-. . . . Tcbseoo pmducta . . Onion Pacific, . . United Fruit .... V. S. Rubber. C .tT.-S.-Sml, - 1L. I'. 8. Steel C .. t'tah Copper . . . . . Vt. Cheaa., ..... Wabash ........ Western Union,.. Wert, Electric ... WUly Overland 48 91 V, 123 126 106 72 86 28 High "46 ft" 60 84 5 65 . 189 ' 48 28 8 6 68 45, '87 na u 1X9 1 84 111 82 96 18 2 138 5. 66 , 89 87 18 86 -8 08 86 217 13 78 Tow" eat. 339 41 37 78 83 III io 52 v . . . . 186' 49 16 28 87 ,42 . 838 B9 22 48 H 86 ss 15 27 66 93 81 40 85 101 H m '78 103 22 106 17 19 10 48 2 124 126 105 78 67 28 50 94 95 ' 54 139 47 - 24 08 95 6 44 95 98 127 10 58 83 109 81 96 18 36 182 04 65 88" et 16 80 2, 62 86 118 13 J8 333 49 87 78 88 76 66 1103 02 .i. ,. 133 49 16 86 8 42 8 22 4 26 81 14 27 68 08 81 40 83 101 30 6 26 72W 103 it 108 16 135 43 01 123 . 124 i64 72 7 63 28 Cloy 48 50 94. 95 54 188 47 24 68 93 08 48 186 : 95 98 270 - 127 58 88 110 82 06 18 26 182 94 66 8 88 81 18. 88 83 85. ;21R 13 71 185 386 49 H 87 78 83 70 87 105 18 131 49 16. 28 86 42 88 221 59 22 H 49 26 82 14 27 89 . 98 81 40 33, 100 20 3 11 72 104 22 104 17 135 10 48 01 128 199 125 74 Stories of the Street"; ii . - Paul TV Deppo . , Introducins Paul T." Deppe; -Born December Kt 18S1, t Mitwatf kee, 'Wla.--- , Seesaw, a gnember C the neUinsr forcna ot Everdinjr A Farrell a few days After ha arrived from his home town.. , Owns a Ford and uses it ' . - , Alter lha -oroduon Irasineiia nt tnWv. dintT V,FarreU crew . to aucb rreat pro portions. Pnnl Depp wan put In ntlru. ebArtre of the -el liny; end. '-v'-'". : ' XCrery ' butcher and , poultry ' dealeri knows Paul.' even - though . few are aware o his last namev ; . Zyy. ' ' Paul in married, too. and has a home on tha east aide, His "boss." : Totn Far roll, rive him fall swine In the mak ing And unmaking of prices and-as he has been At the arame tor many ye ara, h has evidently Atlsfled all concerned; Wheat Planting 1 Is Good, but Below That of. a -Year Ago lournaTs Flgares m . Well as Those Gathered by -the Government show and ' By Hymen H. Cehea Flrurea of - tho Oreron. Idaho WaxbiDA-ton whiter wheat aroa, secured uirough the coopeniOon of over 800 uri st correspondents of The Journal, ln dlcate a decrease in tha planting for the coming crop of 12,4 per. cent, as com pared with , the " bumper and record planting of a year ago. '. ' That such a good showing . In . the planting should he made in the! face of the tact that last saaeon's big winter wheat area was induced hy the necessi ties of war.v; and ?. that the-eeason for planting wa ideal, is ' probAbiy due mostly to the fact that farmers generally expect' a hlgn , price to continue , for wheat at kt&st for another year, and they hare accomplished wonders in the far of ruch an adverse condition as th great shortage of farm -.labor. Perhaps ont Very good reason for the excellent area planted this season in the lace or adverse conditions waa that laat summer there was a greater volume of ground . prepared for seeding than the three states have ever known with the exception of a year ago. The showing of the winter wheat areA Of the Northwest for the 1920 crop as compared with the final revision of The Journal's last year's figures show:-- -Acres- 1919-20 . 1916-16 076,000 1,000,000 1.207.000 1,450,000 676.000 . 700.000 Oregon ......... W sahington ...... Idaho .......... Total 2.758,000 8.150.000 GOTERKHKNT FIGURES OF O REG OX During the week the figures on winter wheat production were made public by the government. Estimates of the. acreage ana pro duction of the principal crops of Oregon by counties for the year 1619 Are pre sented herewith.' Late In February, 1919, WEATHER STOPS the Oregon Ieginlatare passed A bill re quiring the various county Assessors to collect crep acreage daU for their re spective counties and rteport , same to thtt atate tax commiselon. Owing to the late date of passage of the. law, many of the assessors had covered a large portion ' of their : territory 'before receiving their instruction from the tax commission, i hence the data ; fur nished by some ef the Assessors was fat from complete, and in a-few counties no . return what ver was mad. Bow ever. In several counties the assessors, consider - that - they secured practically a complete - ennmeration ef th f erop acreage. In other counties the onseieor hsva estimated the percentagA of the total erop. acreage represented by their returns.. :.':?.'- v. A .vi'."'' With this daU "for 'comparison with the last census. And with a large num ber of reports from individual-f Arms, w believe our. Acreage, figures Are not f Ar from correct;.; The yield per act- was estimated from a large -number of reports from individual, farms, v county agricultural agents, mill and elevator operators, and other sources. ' The total production therefore, while probably les6 accurate than the acreage data, is the most authentic Information available on the subject, 8orn rather markd changes have been made in the earlier estimates, made while the crops.' Were growing, due both to ohanges In condition and revised acreage estimates. Chief among the ro vts4 acreage estimate ar a eotwlder--able inerease in. the spring wheat and rye Area And marked decrease in that of bArley. , - '. - - r " WASHijroTOir shows loss Winter WheAtThe December l' esti mate of the area sown to wihter what In Washington is 916.000 . acres. ' -The crop report -just issued by G. 8. Bay, field agent ' for the federal bureau ot crop estimates, tndioAtea that this acre age Is approximately 100,000 acres lees than that of last fall, when 1,021,000 acres were planted. This year's acreage Is but" slightly : Above - the usual area of 610.000-acres. - ; , -j-- North fortlsndMarkel U UlfhepOP ! tth : Uogs AoiLJCattle During the iVVeewlns Hit $18. - .JU PORTLAND UTtSTOCK RtJN 1 ' ' .,,. on Cattl. Calve. Sheep. Thfc week ;..... 1864 1806 138. 8951 Weak- -ago--..' 2186 . 371.. 829 . 8100 2 .weeks ago...., 4S1S -. 2859 224 S9S 4 wesax .., (16044 ,264. ' l4 8666 Tear ago.,. v., 8471 1 13T1 - . i3 83W8 8-y .;. 6492 : SOas 46 8063 3 years agoVU.. 8656 -1868 68 6684 - .11.166 '1176 - , . 8 4949 ' TotAl ran of livestock; In: ths North Portland alleys - for.! the week was , 64 cats compared with 137 last week. 1S8 two weeks Ago, 158 four weeks Ago, 141 A year are and 141 cats two veers Aaro. Hogs were firmer And higher. 'cattle ad- vartcea and there) was a higher vprioe for eheep and lamba:;-:; ".';;.;'-:,.,(. s" Generany diaappornting "ynn of hogs waa shewn Ja th North Portland yards for the week vith a total supply of 1864 head nsanpared with 8136 week o, 4813 th prsrioo week nd 71 htsd a yr ate. 1 - 5-- - AUller ware Quick and etreng bidden tot gwin in the alleys because of the small supply. am to im inr weatner last week, and this feroed extreme tops to th lis stork, Ooataf trad was firn at thgt, ;- ., - General ho market ranea- - Prime mixed 818.28 818 60 Medium saixea . . . . a. . . 14.76 16.26 Bough aeavi hiiniiTi pis ..,:. . : Kii iui WhDe on the closing day of lb wek thw wa raueetou at JtorUt Portland a rather dull feetnur-wKh aa andermmerit of wMknam. th cattle nmrket was etrb nod about 26e to 80a higher throngh tn remaining portion of th penoo. - .. . v 4 BQ shewed a vry serfetn General sattle' saarkat lanfei : - - Beat steers ....... ...iituisi ,wa b eonat Heere. . .. , , , . , . awaium-to g0d storM.. . . . . . . , Pair ta od steers,..,.,,.... Commonto fair teer. . .,.-,. Choice now and nelfem., . . . , Good to ehoi cows a ad belrer. Medium to good sow and aotfera Fair ta medium sows and keifsrs Cannera ,,....,., . . ..... a.. ..... -. . - - - - . - - - : . ......... Beat light calves .... near . heavy eaivaa'.. Stookars and feadmrs Muttoo . Situation : In general with a ra thr w aecreased , from r0rt , week, th niarket for mutton and lambs was of satisfactory oharaster at noni roraann tor too set . ..'? j - General gnttoj market rassei ' . nest ea of onnUln ...... t, 318.00 S) 18.56 emaesa nam jeaoeie r. 0.e m 1 3.00 wJIny lambs ,.,., J 0.60 1 1.60 Light vaUsy lamb 11. 6oSl2.n Tsartlng B.oO A) 10.66 wtuwra ;. f.OOfS 9.5 . i.i : .... i . , . . .... s so 9 t .6 American Eggs Considered v s Poor; tack ; off Grajding Canada' is complaining about the lack of grading of American egg The fol lowing editorial from V the Canadian Form, Toronto, for, October 15, 1919, ex plains "why . American gs bring lower prices on th British markets than those from Any other principal exporting coun try, except China: There le no reason why on eggs -with proper selection and grading should not bring fully as good prices in Great Britain aa egg from Can ada. A a matter of fact, ontiUe of egg bought In th United State ar being exported by Canada to the mother onntry. . ... "On of the most sncceasful developments in rceent years in nr trad Abroad that f ens. Daring th seven months of th jprasent year Canada'a export trade in eageha equaled in ex tent th whole of the export trade in fids par ticular Un in 1918. This Is not do to greatly increased production of sggs, but to the better methods in which the business is being handled. All eggs tor export are graded and standardised by government experts, so that th buyer ta Britain know ynat what no is getting when a buy Canadian ggv. This Asa lasalled in an ns precedentod demand for Canadian eggs in th old land, which is only limited by th jnpptty. It hat aiven Canada the preferenaa ever American ear, and areatlv infireased-. osf eauort . timda in Britain. To such an extenv b this trn that -the Canadian oonsnmer to a large vextent has to de pend upon American egg for the home supply. In fact, with their product losing ground in th Britinh market owang to the snperior nalrty at Canadian graded ogga, th Americans ar seeking in outlet for their surplus in Canada. Or tn thr words, dealer In Canada ottering to the home trad hav bad to buy in th, American market. The roan? of this is that a sirs quan tity of Americas egg ar coming tn that are not standardised and ar sold as th Canadian prod net. In the interest of th Canadian ocnmmst steps should b taken to v , this Amartea prodnet graded befora. being- placed upon th Canadian market. It is not fair to th hem consumer that Canadian eggs should be graded and shipped ant of th aountry sad their plao taken by an ungraded Atnerioan supply."? if . .&oti ie.6O0ii.38 9.36 4 10.64 8.60) 9.60 -e.e s.06 k . 4 . f . . , ,': s zaey 9.60 7.60 6.76 A50 T.60 4.50 5 6.00 ..00 4.00 ' 8.00 8) f .60 12.66gfl4.es 7.00 13.00 8.60 10.96 Ewes Chlratw PetAts Mirkft Cfuoaan, Dee. 20 L N. I.. osipta. it eant flnesota and 63.00 03.16.. PafcaSa, Oalos. Sterol g Exehaate Steady New Tork., Deo. 20 (L N. S.) Bterllng Ullst 68.79 for deauind. v ' . ; ' Ssgeae 1rkey V arket ' ' rJngea, - Vr., . Dee. CO. Da iroe ana two years, and is anxious that, their owners, who were given ' interim cer- tiflcAtAs In lieu of th bonds during the first Ioad. surrender the certificates At ones in exchange for the bond a : At the time of the First Liberty loan the Actual bonds - were not ready for distribution. ; and Interim eertlficateo were issued. These, nowever. oesr no interests so that persons throughout the twelfth federal reserve district who dire holding Interim certificates should com. muntaate with tan Pwdnr al Beserv bank tn order that the exchang can be made at onoe and the interest Accrued on the bonds paid. ' - if a subscriber has lost the sertineate. the Federal Beservs bank should b no tified, and," upon request, procedure to he followed in presenting claim fof re lief, will he furnished. : " - . rwnuhed by Overbeck Oooks Co.) Financial News Bull trAdlng teadeae cies sre expected. The steels, oils, pack tng houga stocks and erugara Are In tine ior higher prices. - The mors f Avorable Washington new on rAiis may stirntt late short' covering In that group. It is understood to be oversold. Predictions are made In welt informed Quarters that retail OAndy will Advance to much higher level. : The outlook for - tncreastng de mand a oa Cuban sugar is causing large speculative 'Investment fn - companies producing la that field. Brokerage loans Are estimated to have been reduced over 40 per cent xrom the peak ot uotooer, Equitable Trust Co, Announces thet when RoysJ Dutoh dividend ot IV per cent has been received notice will be vea to holders of New Tork And Amer An shares as to record dat And date of distribution of dividends. According to : tryst-company's cable advice, divi dend Js payable JanUAry SB 1x8 Holland. 104 m 28 PCULTRYMEH AND SKIPPERS V We pay Highest Cash Price for TURKEYS. UEESE A SID CHICKE5S . - Send us your Xmti shipment' - , '- --And bo convinced. - iS v Cash Produce Co, 206 EAST JT0RHIS0X STREET . ; Under Sew HAnagemest ' . Tout sales, stocks. '461,800 shares. -Total sales, bonds. 818,417.000. , WHOLESALE FRItES IJT FORTLAXD Thee are price retailer pay wholesalers, exoept as otherwise noted: . i Dairy Predseto B UTTER Selling price, box lots: Creamery prime, parchment, wrapped, 70 per lb.: prime firsts. 680 -lb.; rsts. 67o lb.; smaller lots at an. advance. Jobbing prioeat Cubes ea tra, S8o; prim firsts, 64; Mrtonv' le extra. No. 1 storag batter, 60; eft grade, 66 5 to per lb. iv-;,- - ' BTJTTERFAT Portland delivery bads. 74 8 7 7e; country itatlons, 78 074c per lb. OtdOMABGABiNS Bast brands, 40a; ordi nary, S3 ei bakers. 8to; Nutairgsrii. 1 Pa cartons, 82c par-lb. . CHKKSK Uelltna prices Tfflameek fresh Oss- gon fancy ere am Ariplets. 3S036e Bv; Touns Amerioa, 86037o. Price to iabbers, f. o.-b. Tillamook, tripku, 82c; Toun Amrrioaa. 33c SelUns price: Cream brick. 40 4 2c j buying price f Coos' and Curry triplets. 31e; Young America. 82 He lb., Lab. Myrtle Point selling price: block SwUs, 486 49oj Lis burger, 406 42 lb. .... - ,V . '- EGGS Buying price: ! Current receipts, 60c; candled, selling price, . 6 7e; select, 70;' No. I storave. 67c. - -v. ':- ' . i ; LIVE POCLTRT Heavy hens. SSc lb,; light hens, 80c: spring, - light, 85c; heavy, ' 80o lb.; old roosters. 15 01 So th.; sQuabs, 68.00; dressed ducks, 45. lb.; pigeons. 41.60(2.00 per dosen; torkeya, live, 45 Jb.r drewed, 50 S 68q per lb. i dreoed seeae. 45 per lb. . Fresh Veoetable and Fruit ; FRESH WH PIT Omng, 84.2508.60 per box; banana. 10 011c par lb.; lemons. 66.60 06.76 per orate; Florida grapefruit; 83.764 A25t California era pat nut, . S.7 ante; pears. 82-25 0 8.60; grapea, mmrior, 12gf 1 fta Ih. . - .. BEBRIESCranberries, 14.76 pgr busbei oox; eastern, sia.vvsyie.no ant, APPLES Varioua varietiea. local, 81.00 6) 8.50. 'iy-v..,.:. . - DRIED FRB1T Dates. DromedarteaTI 9 . OO : Fards, 88.75 per box; raisin. 3 crown, loose UuscateL la per lb.; figs, 33.80 6.60 hex. ON IONS Selling price to retailers-Oregon. 66. OO tier ewt.: amnf iatrd aalliiie seine- ear. load. 85.00 f. . o. b. eountry; garlic, 26 0 50 per jlo.j creea oniona, 40a per dosrn brmches. otatues seiiint prw. 54.00 a 4.60 per ewt.; buying price for fancy tares die. 33.25 0 SOU j ordinary,. .oi per cental; sweet, 4H 5Ue ner lb. VEUKTASLES Turntpa. 33.50 pay sack; earrota, . 82.00 0 2.25 ( beete, 68.80: ' cabbagt, Oregon, ; 60 per lb; lettuce, 61.50 . doaan; cucumbers; California.': 63.50 hie; tomatoes, 62 600 3.00 per lug; egg plant. 20e lb.; caali flower, 83.00 0 8.25; beU peppers, 25c; cpronts, 17 lb.; Hubbard squash. 6 lavi parsnip, 68.00 era-ov sacs. " -' ; - MS W. I.M T. f .11 n COtTNTRT klEATS HSelllag price: Countr hogs, 22 028o lb. for top blockers: beat vL 26c lb. s heavy veal. 18c Ua. - - SMOKED MKATa Ham. 26S4 per ft.; breakfast bacon. 83 0 80c: pjenica, 26; eottaga rolL S0e Ux. -J.. ... - .-.., v -. LAUD Settle rendwred. 88 He lb. t standard. axe; uam. oana. compound, zee. Flab and ShellTlsn FRESH PISH Salmon, fall, 21e Tb.; sOvvr. aide. 19 lb.: halibut, fresh. 25o lb. sturgeon, 20c lb.; black cod, 10 011c lb.; silver smelt, 10c lb.: salmon trout. 20026 lb.; kippered salmon. - 32.63 - par 10-lb. , basket; kippeved od, -. v ' v. v .At :a . - gHLUJflBH Crab. : 38.00 t per dosen; suriiup meava turn per csn; loosrer. ove in. - Qreoerics - SnO AR Cube. 310.81; powdered, 310.26 : fruit and berry, 88.77; yedow, 69.08; granu- Uted. 88-7T: beet. 31127; extra C 39.26: golden C, 89.1A t HONB3T New. 88.80 TJC case. - RICE Japan style. Ko. 1, 14c: New Or leans, bead. 16e; Blue Roae. 15c per tb. tj Ai. 1 J)oa rse, nau gTouna, xvus, sii.vv per ton; oos, sm.ao; tsuie aairy. ova szv.anj biles, 88.15 08.53: fancy- tebls and dairy. 632.00; lump rock, 326.00 per tea. BEANS Oreron (sslVs bV iobberl) 1 Lady yrashington. 7 08c per D.t pink. Sc; hmag. 5o; bayou. 10 He; Oregon beaaa, buy lag priee. nominal, 6 He per in. ..... ...- , H CANNED MILK CarnaUen, 87.25; Bordta, 37.40 AsteT, $7.18 f Eagle, fll.86t Ubby. 87.15; Teloban. 57.05; Mount Vernon, 87.16; Basel wood, 87.15 per eaae. COFFEE Boasted 87061a In , aaeks r drums. . SODA CRACKERS In bslg, 176 per lb. NCTS Walnuta. 88 0 40c oar lb.: almonds. S60; filberts. 68 tn seek. Ms; peannta, 166) ieo; paeans,' s; awaau, . pea, pelnts, Oils . HOPE Steal, dark. 18 c; whK. 20 Bv: standard manila. 23. LINSEED Oil. Raw. bbh. 82.06 gal; ket tle boiled. bbL, 83.08: taw. oasea, 32.16; boiled, gaes 62.16 per gal - j - COAL OIL Water white, la drag or boa bbhv. 18Hc gaX; ease, 24 gal. GASOLINE iron bblv, tet case. 85 Ha engin dwtiUate, iron tM.. leei caaea. 30 Ha WHITE LEAD Ton lota. IS He; 500 lbs., 18 e per lb. - ' , :; TUHPENTINr! Tanks, 61-91; eases. $2.01: 10-case lots, le less. Wire Naila Saaia prices, 3S.16. H, bVoel and Hide . H0PrVNoinltuuV 1918 crop, 80 per lb. !k' HIDES Green, 17 018; salted. 18 0 20 kips, 35er ealfskina, 56 060; ball, 14 018c lb. Pelts Dry leas wool pelts, per lb.. 3O083e; dry medium wool pelt, per lb., 25 0 28c; dry shearing, pelt. 62.00 0 2.50 aebi salt long woo pelts. 810 02.00 eh; eatt shearing, pelts, 5Oc0 61.00 each. - . : j, ., .. MOHAIR Long staple, 40 per lb.; short staple. 28 0 80 per lb. . TALLOW AND GREASE No. 1 UIloW, lie-, No. 2, 10; No. X grease, 9e; No. 2 grass. 7 per lb. . - - r - CHirrnf or cascaba bark Nsw paai. lie per lb. WOOL Valley half blood Merino and Rhrep shire, 60t Cotswold and Lincoln, 40 044c; matted Cotswold. 80 0 84c; timber stained. per lb. tea: lambs' wool, 4e per lb. lean Eastern Oregon. Eastern Waa Mae-ton and Cali fornia Wool Merino and Shropshire, 85 04Oe hall-blood- nterrnw ana tjotswoia, S(043r Shropshire, Sl43ct Cotswold nd Lincoln, straight and mixed. S2eS3i bnrry, 5 per lb. less; lambs. 4a per lb. less. : . Fine Wools Marin crushing and . Hlwg grades. 80085c - -' Sew Tork Bask Statemeat ' Nw Tork. Don SO. (L N. 8.) Bask statement: Average Leans. Increased, 854,728,000; de mand deposits, increased, 887,925,000; time de posits, increased. 3400,000; reserve, increased, 818.004.440. a . Actual.- Loans, increased. 646,301,000; de mand deposits, decreased, 82.488,000; time de nositB. Increased. 84.682.000l rsservs. decreased. 840.648.890. . 1 AmIrICAX LITE STOCK PRICEi CAieaaw Ho Si.S0 - - ' Chicago, Dec. 20. (L N. 8.) Receipts. 15.000; weak. . Bulk, 813.90014.15; top, 814eS0; heavy weight, 313.90014.16; me dium weight, 818.95 14.20; light weight, 813.80014.16; light llgbte. .613.00014.00; heavy a packing sows, smooth, 8ia.83 018.76; packing sows, reugh. . $12.75 18.85;, pigs, 812.76 0 13.78. " - ; . , , ' Cattla Reaeipts. 6500, Usrks oomparad with week ago: Beet steer and she stock steady to 50 lower; aannera, 26 lower; veal calves, 31.50 0 2.00 lower! bulk, 25 higbt:? stock era and feeder. 26 w 50e lower. Sheep Beeeipta. 2600; weak. Compared wtth weak ago, lamb ataady to 86 kOghe Cat yearlings and hep gtrady to,lowr. . Omah, Mm 613.76 J- ' ' Omaha. Deo. 20. Tl. N. S.) Booeipts, 12.000. steady J balk, 8V8-36 18,66, tops, 18.70. ' e . - ' x Cattl Reoaipt. 1800,, tteady. -- j, . ShiapReceipta, '8OO0, steady te treg. . Raw OKy Ms Sld-00 ' Xanss Ciw. Dea. 20. (L N. S) CAtUe Reeetpta. 600. no market.;-... . . "' ' - llofs rterwipW. i8000. fnBy steady; top, i.w: bulk. 318.76 8)li96. ' ; Sheep Beoeipta, BOO. -no market. . - ; , - Dnw M SIS.yS ---, . Denver. Dec. 30 (TX, P. ) Cattl B- seivts. 2000; steady, steers, 810.00 9 U.ov eows nd heifem. $7.6008.50; stock feeders, 6. 010.25: ealves. 611.601 ' Hon Receipts, 400: 10 higher, 618.76; bulk. 818.40 9 is.u. . - l Sheep Mtipt, , 13.000; steady. Lambs, 114.78 015,70 T -w, . $7.75 0 8JIO: .feeder, Uinbav. $14.00 4 14.76. , v, , ' -Set Hoe aiajek ' SeAOe. Dee. 20. (I N. S.) HogeRe- elptv SOOj stisnf.. Prim Bgjitt 818.750 1A28J medium to ' ehotoe,- 614.75 016.76 1 rough, hcavka, 318.75 0 14.26 s pisa.NH6.00 C15.0Q. - Cattl Receipts, 166: strong, bast steers, 11 ASail.Ifl' anedinm to rhoioa. . 69.00 0 10.60; ectnmon to good. 66.000 A26' bat y. 'A 4.00. Tops, In BtrOfUC demand with liva bint. au. and draased 45 a pound, ' , . . ""'.''"'L''v: ' " nr g i s , y 4.. Minnenpoiu Flax Market Oregon Bankers and SchooKOfficial Are To Plan Tlirift Work CervalllA, : Dec. lOy The Oregon thrift movemnt will be considered by Oregon bankers nd the state scjiool superin tendent, J. A.-1 Churchill, At Farmers week, December 8L j Professor Churchill will Address the eountry life conference on the thrift movement la Oregon Id the afternoon. And speak before the general assembly on -the ' evening of ih i.M raay. - - "Group XI or tha Oregon Bankers as sociation lias UD to thin time nMI movement in Oregon by conducting the annual inrm conerence at Farmers' week nd contributing prises for educA tionai 'llteratur,' says Dean J. ,-A. BexefJ ?ln making the Announcement rroti are now kindly invited to send one or mors dslegates from every bAnk. thus stlmulaUng one of the most far-raching economlo and sooIaI movements la the country.-; - . ... :w Eightfui Owners 0fDLil)r3rl " ; Now Being Souglit JJV?tc CaS Dei 20v-More Oisn $11,000 worth of First Liberty loan bonds,, wlih Accrued vinterst amount ing to nearly 800. Is going bagging for rightful owner In the Federal Keserv bank of San Franoisoo, ei;-, " The bank. hAS had the bonds for over sera, iai,eiv Mf cows, . 85. 50 0 7.60; bulla. ' 86.50 0 8.00 ; ealvaa. eow nd heifers, 68,71 3 7.00 16.-00. Sheep Nona 5 .V' ?7fw York Batter and7 Egg New Tork. Dec 20. L N.- A) Uv pn try firm, 28S)28- ' Bnttet ntarxet strong, creamery wxxraa, i s W Tc; - creamery 75; creamery firsts, stat dairy tubs. ti(l,e unrin. ' 11 it A 78e 520 fie; ra nova ted extras, 6869c; lauta-: tlon areaasery, 64066. " - 1 ' Ckeese lnetuiar,. ; tower groan. 260801(6. Eggs Market eteady, nearby whit fne, tie; nearby browmt, - firsts . 86 0A8ej extra. - 4 66ct firsts. 8061.- . ... - , - . , MJU6S.0S ft .RAvaI .Stores KArket ' Tfew Tork, Dee, 80. (L- N. S.) Turpe- Ha Savannah. 61.B4 J Hew. xoryv ILt Rosin Aavanaah. 316.15 A) l.36f NewTfork, 617.00. . ,v- WILSON-HEILBRONNER CO . BROKERS s t ... . 7 4" - a. ' 291-2-3 Railway Exchange) DIRECT ; PRIVATE WIRES TO ALL. EXCHANGE . STOCKS BONDS GRAIN COTTON Service Tliat's AD Telephcntj ffcia233 Main2S4 errwpndnte K.- P. Button Co, Hear Vrt cifrhni60u(ti Cw CHlcagoj Mgyr-ten . W Aaston , ' .. v - Speoial roeetlng-of Ohio Cities Oas tockhc4drs January 1 to act on recom meridatlon of directors to increase Au thorised preferred stock , tu : Xrom IW.WW.M0. to 190,000,000.' i':-t.i ! - Duns reports 131 'ootnmerotal failures In the Vnltad 8tato this weak, Against 116 last week and no uurt-ysar. s. -a r BraAtreet's Aays resumption .of eoal production enlsjrged. fust shipments, re mo v sJ of lighting restrictions, active buying of iron and 'steel want psasage of Edge bill Among outeUndlng events making for usuaI Activity At this season ex tneyeAT. . j-r-- '-':. '. ' (Furnixhed b Wilson-Hflbronnr Ce.) - Chicago Tribune says:. Rates of tn terest to commercial borrowers continue to role rather firmly Around per cent. Some Accommodation is hAd at a lower QUotAtlon. but-it concerns special con- aideraUon Apart from Or feneral going PAte. ' .d - ":' -t The merchant who may wish to be guided in his borrowings by the prob abU future oeurso of money has pre sented to him a situation" the outcome nf which Is not SAsily foreseen. - While to the main tt Is suggested by facta on the present h orison, atlll xpertenoe has shown the fsvlllbillty of money predlcv tlons covering oonsidsrAbrS periods of American holders of Anglo-American Oil comDAny stock will receive payment of the interim dividend of I shillings a share at the exchange rat of 33.7 y, per pound sterling., thus making the i divi dend iA this country equivalent to about per sent. r a Due to heavy demand for steel product. various steel compAnles will elimlnste customary holiday suspension of opera tlons. The eteel oompanlee ara far be hind In deltveriea, with no Indications Of catching up with orders for A long time to come.- " . . ;,. ,s South America ' Gets : itrdd Coin Shipineiit The withdrawal .of 10.600,O00 In gold coin from the subtreasury Deoember I for shipment to South Amerioa. was' the largest withdraws! for thAt1 destination li) some time. v---.-'.it j-Ac-; v The government figures up to th last 'any of October -shew thst our ..'total ports for th caienaar yeAr up to ; mat dat amounted . to $270,076,000, which Compares with a high record for a siml Ur period of $860,122,000 made in 1917. Th exceee of exports over. Imports for th 10 months, however, was $208,847,000. This Is a high record for All time. - . DLPf(EC!Ai:i-i&.o;:E.. CAUSE OF THE FALL OF ' RATES: OF EXCIIAilGE V" Money of foreign Unds ; Merely Irredeemable Paper;. Gold "' Standard Siiipended.1-,1 The , depreciation , In t foreign . exchangt Is due not merely to th heavy : trade , . m , ... . .1 . t a,.Hi. . . nausuiceax, aocmros xuo suuqm aiuis Commerce m New Tork In th Deoember issue ef Its magaslne. Commerce lionlh- ly. It is also due to the fact that foreign uwHv .wv :wrfwm;a, v,uv . . - . gold standard hA8 been suspesdod in most' Buropeen countrUa and the money is merely Irredeemable paper. Ko rtor mal exchange conditions cad be expect ed until the gold' standard Is restored. "How far the exchange rates will fan, . when they will recover,- how "? rapidly Ihttf avlll MMDsathus ara nuaatlnna ta ' which no pne. can give, confident an swers.' the bnk,sAys;;vTt is the gon ers! expectation that . so long as the heavy excess . of Imports over exports continues, for the European ' countries, their ..exchanges .wIHgo.lower,:. i! . m HwwsBi siaiu, v.ca rvui, vw- .m - 'wk'i.SvnttM. nnlnmn trmt . v . .v. a V...W. . . . WW. ...V. ' v much of this has already been discount ed In the existing exchange - ratea by short selling, and that the demand from thee short sellers theraseivee . will take np the ndw supply of foreign exclieng growing out of the export for a oon eiderable period. Other 4bservers, how ever, maintain that , the , general tend ency or apecuiatron has oeen puinsn rather than bearish., This view Is Strongly buttressed by. statistical argu ments i The long-time loan to f urope In the past year f All far short of the balance of Europe's current debt to the out Id world, and speculation ef one kind or Another must have absorbed th difference, either by buying exchange, or W . ...!.. ... 1 ...... . . tM . I.", vy letting wauiiiuv, awx.wiiiwia.tw ,u avi- roPeaa . banks, or by . withholding - ex- ohAnge from the market, end Allowing Vuim . aiwiiint.1 tn run. . Thar-a . wrmiki thus be n enormous volume of ex change hanging over the market. Defi nite preaieuon is aangerous wnere so many unortalntle exist.." Warburg Advocates Weekly Settlement - 0n Stock ExchanGo Pau M. WArburg, ; formerly vice gov ernor of the federal sery board end a recognised authority Nn banking, in his report to the AineTtcan' acceptance council; came out-strongly for a system ot weekly or fortnlshtly settlements on th stock exchange, instead -ot the pres ent system or Mining balances uauy. ' Recent experience' tends to confirm Wnrbursr contention , that no lonsr a banks in other cities dump their sur Pub funds Into Wan street and as suddenly null, them out . when' they need them, so long will th market be in an unsound position. " ".. . . tits remedy would he to develop th aeoeptano And " discount , market to a position where the banks would regard their investments In Acceptances, instead of their Investments In call loans, as their secondAry renerve. This sort of re serve would be thoroughly liquid, since the paper could be rdlsoountd At tb reseirs bank.-.". - '.i-:'-1 ?y EeunBylvaniar Lin Rfeacfi: 12,000 Miles .,.,'"-r . - - aA-,;-' '' . '.j ' ... . . V-.-: ' .. '' ' ''.''.' -r-.v .'. Tha' PennsylvanlA system- has , paid stii. aa .. . , ujviuviiuo lur e insnwtiuTv years. ' ata Investments in sffiliAted oompanlef total $214,000,000 and ether investments $65, 000,000. - It serves tha richest ' part of the United States, the great .steel pro duclng territory and the largest . cost mining ' regions, operating 12,000 miles of rails And transportation cotnpanl. The net operating Income is three times the bond Interests. Experts calculate a book value of $66 for the stock. Ninety five per cent -of the stock s now owned by- AmerkrAne.-:-. & ': fs ' a " v , BONDS v- n ? es must salt n tSterif Vteteff tendi, n t st, It ys 8ef lleetiy e . Viator kwrtda, buy rear s. W buy wdr sail liberty end WltHery bend at the inart, ' . tT- (Oil MKMT H ITTIS-TOII Sf OO WOMI. . ' On Daoembor 8 0th, 1618. tb eiosin New Tork market prices ware as given below. They ar the roverning prion for Liberty and Victory bond U ever th world, asd tbe Mfboit. w mwH Tork saarket sad tk 'j -: .. , ; sfarkct prieea'..,.. uteres) aKi.... these ptiots dally ha order that yon may always know th Xr Vara of year Liberty and Victory bonds: ': ' ' . . . , m-M ' B.J .... ,d Ik Vl.li Q I ill i ' . sea IN - : , - n -. mrm .. - , --"1 .V&o .V.V .4 X oUS foVVV iM S MJ1-.A y-.T .';.. j. Ll$ '..IIJt.-.M ;':.; .1 --Total '.i'..'.5.V.:. -99.0 93.88 S1.T3 68.87 81.87 94.7T 62.28 98.96 98.9 When bavins, w dsduet 87 n 880 bond and 83,60 . a 81000 bond. W sil t tb Nw fork msrket, pin th teemed Interest. k - . -- sBlp ans flrnsreef Sets peeh) gel for irtse tstS s. m, ) Setsreayt. MORRIS BROTHERS? INC. T "wmlsf Muni teal Sewn uses sjssimi eye wrinia)ssnere gmavw -se BJOaaii ki, HH(t Stert, a, ftth and Sth. .. TalaiMsan 81 81, V " tXEtAPT FROM ALL' TAXATION OP THE GOVTJWMENT UNDER THE AUTHORITY OF WHICH THE RESPECIIVE BONDS ARE ISSUED tV ' Wywxk nad offAr th foJUwiag grtipW Cjanadsani Provincial antl Foreign v , Boads to yield investew. fratai 0.1070 t w.80; Tk rw nwAlly attrectivn. v bonds in ss much as th lnter6t yield U.vwry blflt and tb security bshind tka' Iroads Aafla to fUAtwA tatair tsyssiL. . iV ; ' ":1k( - , ' ,'" v - - "S, 8.000 Alberts, Prpvlncs f..i..V, ' s 20,000 "British Columbia, Province of !.,.,....,,... 4V - 26,oootBritih Columbia. Province of ,..., 8 . i . Rat. - Maturity, MAN 1823 JAJ . , aaa ili..i..t. . ti.Mi.u e e r a . -1 ,j,ww -siailiwua, rrvTinuv vi,.....,,....,!..., .... v nitv s t 28.711 IManltoba. Provinoa of, Ouarsnteed .,,ii.., 4, 'Jl ' 1 000 tKawfnundland. aovernmnnt of . ...... 6U .JAJ -..';228.00O OntArio, Province ot ........ i...k.t.t. ...... 64 JAU 68.50(1 I Saskatchewan, Province . of, OuArAdtoed...4"4 , , " . v303.00 lSaskatchewan. Provinc of ............. .v.... 4 182,900 fUnited Kingdom of Great Britain and Ireland SH ' j 'r 76,800 United Kingdom ef Great strltAln And Ireland ih " , 49.000 tHordeaUX. CMtV of. Fvarton ......... ...... '- 38,000 t Lyons, City of. France ........................ 6 445,000 tMArsellles, City of, JTrAnee ...,.,,..,.,...... HAW ; JAJ -FfeA ' FAA MAM nfAJ AldtN arseiues, uiy ,ei, stibi ...,.... 'Barlar And Fire-Proof Saf Deposit Boxes (pr Rent Price. Tleld. : 04.14 0.25 12 '84.04 6.80 ' 193 98.46 6.5S 1920 , 89.00 6.25 1930 ' 81.16 .; 18 100.00 50 1828 . 84.84 6.20- , 1638 76.48 .6.1 0 182$ 03 67 6.23 , 1638 At MktV 6.00 1922 AtMkt,.25-. 1934 93.60 689 1934 ' 92.60 1934 .; . 6AM, '6.80 A60 -MORRIS '.BROTHERS,-: liic; t J '.THE PREMIER MUNICIPAL BOND" HOUSE i, CAPITAL ONE MILLION DOLLARS . " " Morris Enildlag. 309-11 Stark Straws. Betweem Filth and Sixth ATelephonet Broadway . 2 1 5 1 - " . tiUblisned Over s puarfer Century; T