WEDNESDAY, AUGUST 4. 1920.
THE OREGON DAILY JOURNAL. PORTLAND, OREGON
T ERRATIC ! TONE RULING IN. THE MARKET FOR
STOCKS RALLY. AFTER! HARD EALL'.:
W M hiA I Brww H. Cohen
BUTTERMEN TRYING
TO SECURE RELIEF
The firtat for. control of the butterfat
Mppliee jbaa finally driven some of the
creamery interest to seek, relief from
their losses by endeavoring to create an
Artificial value for their, product.
, It develop that. in the face of aa extremely
weak ton k ifce butter ' trade, ran of iht
'mmrj .lolemti re talking - of probable
advance la tha price within the immediate fu
ture. On tha ether hand, leader of tad trade
aaaert that. ' despite the decrease,; in. the output
recently.' the market 4 really weak and an ad
vase la price could 'not be successfully main
lamed muter sock condition.
. -. Foreign competition, aided by eaehange rates,
."haa bn a big influence In the eastern trade
recently and. with- direct linera to be operated
to the Pacific rout, the foreicn aituation will
b reflected here mora than ever.
These desiring special information regarding
any. market should write tha Market Editor.
Oregon Journal, enclosing stamp for reply. 4
GOOD EGGS ABE QUOTED HIUHEB
While no chance is shown in the boying price
1 M UI for the. dav. sellers are Quoting an ad
ance for candled stock because of the huge leasee
bow snows because of very poor quaoty.
. ; .1 , . . i 1 " ' e
SWAM. HF.5S ARE NOW TiRAGGnTG
White there remains a very, aood demand for
large and heavy weight bens, email stock' ia
hard to mo if thin. Bales of light weight
era shows down to 18c a pound sere,
I y .
JOMATO MOVEMENT IS OAI5ISG
With carina (4 lota of tnmatoea now rolling
out of Tha Dalles for the Portland market, the
trade here is folding remarkably steady. Mnst
of Ui sale to retailers are at f 1.65 1.73 per
WE3TATCHEE COTS ABE OFFERED
Carload of apricots from Went tehee was re
ported in by the local trade. The stock wsa
quoted around 88. Dsllea apricots, while in
mall supply, are nevertheless of much better
quality around $3 25 for lugs nd $3, for crate.
1
POTATO bELIWO- LEWS -BRISK
Potato selling, ia erratic and during the Tues
day trade little was being offered by the coun
try. Meat r-nn-haees of firat-claaa atoek were
made at 117(0 3 per cenUI. Portland.
BRIEF SOTES OF PRODCCE TRADE
i . Blackberries Bower; others steady.'
! Teal end hogs -quoted very firm.
Cantaloupes scarce and high priced.
' Cucumber hard to more at any price.
: Ashland lialea early peaches aelling up to 82.
M
WEATHER jNOTICE FOR SHIPPERS
Weather bureau advises: ' j .
Protect shipments during the neit an boor
. against the fotlowing maximum temperatures:
ing north, degrees; northeast oet 8. P.
A 8. B. H.. 9l degrees-, eaat to Baker, 96 de
grees, and aouth to Aahland. 96 Ogrees. MM
imum temperature at Portland Thursday about
90 degrees. ; 1. 1 . ; ,";.', .
I.: I - 1 t- ';
W HOLESALE PRICES Hf POBTLAfTD
i . , . ,
Theae ere prices retailers pay wholesaler, ex
cept as otherwise noted: - :. ,
i- i Dairy Products
1 BtlTTElt Selling price, boa lots: Creamery
prime, erehmt wrspped, S7c lb. i prime firsts.
65c lb.; firsts. 64e lb.; smaller lota at an td-
a rice. Jobbing price: Cube extra. 52 0
62e: firsts. 60c. . .
Bl'TTEUFAT-' Portlend delivery basts, 2e:
country stations, 67 58c
OLEOM AKUaTMNE Best brands, 40e; ordi
nary, 1 S3 Vic; bakers, 83c; nutmargarine, 1-lb.
carton. Sao per lb. . .,
111KE8K Selling price: Tillamook, fresh
Oregon, fsncy triplets. 82 6 33c per lb. s Young
America. 84 e 85c Prices to jobbers, f. o. b.
Tillamook: Triplets. 29c: Toung America. 30c.
Helling prices: Cream brick. 40 42c. Selling
prices Block Swiaa, 48 49c: limburger. 40 0
. 42e per lb. "- ' , .
f.iHiS BuyJng price t Current receipts.
45 9 4 tit-: candled, selling price. 6 2d; select. 64c
per doaen. . . - i
LIVE rOrLTRTe!rrnsr price : Heery bens
S7c; light hens. 18 & 17efespring Hgbt, 1719i
keary, 27c;old roosters. 10c per lb.; turkeys;
lire.' " )i dressed. 4c lb. ,; ,
. PreaQ Vegeteblea and Fruit V -
! FRESH FRUIT Oranges. $6.25 7.60 per
boa; . bananas, -11 mi2e In.; lemon. $4.50 ay
$5.60 per crate; grapefruit. $4 00 4.60; ean
tsloupas. CaBfornia, $4,50 45.50; Malaga grapea
$4.00 per crate; eeedlwa grspes, 3.fti:
fornia peaches; i Oregon,. $1.50 0 2.00;
peach plums, $l.tS9 3.25 crate..
JPPLES New, V$3.O04aO. ...
1 DRIED FBCn Detea, imedsrtes, 37.50;
.Fards. $4.00 per iKwrJiea, $2.60 5.00. box.
1 . OXfON' -Belling price to retailers: New
Well Walla. $2.0P yellow. 32-00 P
garlic. 25o per lb.; green onions. 25 40c dosen
bunches; onion sets, 17-0 18o lb.
POTATOES Selling price: Oregon,, laney.
1 ,3BErfRIEStrswberrte, $3.75 4.0O erste:
raspberriea. $3.50 3 .75 ; loganberrwa.
50J bUckeana 4-004.26: enrranU. $2.25
2.S0; blarkberriei $8.0e 8.25.
VKf.ETABL.va Turnips. $4.60 . sack; ear
oU. $4.00 saekr? beeta. ftOe dosea bunches: let
tuce. $2 00 2 50 emte: cuwmbns 5e $l
boxTtomatoes, $1.501.76; egg pUnt. 20t25c
, pound; broccoli. $2.2 ; beU peppers, 25e : celery.
$2,269 2.76 .dosen; string beans, j 6 0 8 per
sjound. .
; " 1 : ::? MeaU and FToristen ,
COtr??TRT MEATS Selling pri Country
Koga,r 23H s24ofor 'top blockers:-heary. 18c;
-i veal. 24924 He; beary seal. 1718c lb.
SMOKED MEATS Ham. 41 4 Be per lb.:
breakfast bacon. 3S 68c; picnica. 25o per lb.;
cottage roll. 83o per lb. -
IARD Kettle rendered. 26c lb. standard.
23 He; tierce basi. compound. 21 He
U . r Fish and hellflsh "
FRESH FISH Salmon, fresh Chinook, 17 9
tie lb.; halibut.' fresh. 15le per lb.: stnr
gcoaM ); black cod. 10 11c lb.; kippered
"ealmon. $2.50 per 10 lb. basket: kippered cod.
$2.85; rasor catma. )S crabs, $2.7503.75
doxen; liag od.:(9$3o per Ibj. f (
.. - '.j : -) - Oroearl!
8CGAR Xominal prices, refinery basis:
Cuba. 35 3.B6i 'fruit and berry, $28.00: D yel
' low, $22.40: granulated. $23.00; extra C,
$22.30; golden C, $22.50.!
t HOXET New. $7.00 0 7.50 esse.
KICK Japaa style. No.i l, 12c; New Or-
: leans head. 4 1 t Bine Rose. 14 4 c per lb.
SALT Coarse, half ground. 200s. $17.23 per
ton: 60s. 1,7&: Ublo dairy. 60s. $27.23;
bales, $3.80 4.00; fancy table and dairy.
$30.80; lump rock, $2.SO per ton.
BEANS Sates by Jobbers. Small white, 7 He
per Tb7:-lsrge white, 7c lb.; pink, 8 He lb.;
bmas. 13 H: bayou. 1114c: reds, 10 He; Ore
gon besns. buying prices, nominal. 5 He lb.
CANNED MILK Carnation, $0.50; Borden.
$6.50; Astor,- 30.40; Eagle, 812.35; Libby.
$$.50; Mount Vernon, $8.40 per case.
COFFalK Roasted. 3448e in aacxs or
drums. '
SODA CRACKERS In btilk. 20e per lb.
NUTS Walnuts, 35 t 40c per lb.; almonds,
i 8Sc:f filberta. 32e tn sack lots; peanuts. 14 H
yl3c: pecaaa,, 25e; Brazils,. 35c
j Ttope. PalnU. -Olla
ROPE Sisal.' dark. 18 He; white., 20e lb. :
standard Manila. 20 He.
14NSEKD . IUw, bbls.. $1.83 gal;
i kettle boiled.; bbls.. 31.H5; raw. caaes. $1.98;
boiled, cases., $2 O0 gallon. .1
, COAL OIL fTl or water white in drums
or iron barrels,1 17 H galloo; case. SOe per
gallon. ' i .
GASOLINE Iron barrels. 23 H4? SOe; cases.
88e; engine distiUste, iron barrels, 10c; esses.
16 He. r
WHITE LEAD Ton lots, 15c; 500. Ins..
16He per lb.
TURPENTINE Tanks, $2.23; cases. $2.41;
10- case lot. lj less. : t-
! vHot, VVoel and Hide ' n V
HOPS Nominal. 1813 crop, 70c pet pound.
HIDES Nominal. Now 1 salt cured hides
fancier 43 lbs.). JSc; Jo. . 1 sstt cured hde
tors 46 lbs.. 14c; X 1 salt cured bull
hides. 12c; partly cured bides lc per lb. lean;
'.areen hides, 2e ..par lb. less; hair slipped hide,
one-third lea than No. 1 hide, ,
- ' . v Plenty at Labor f
Albany. Ace. 4. Harvesting in Linn county
is generally ia full proaress, . According to re
porta there is na abortage of labor. The Cliam
ber of Commerce employment bureau at Albany
lias ' listed ' more than two applicants fer every
position that can be found, and applications for
work continue to come in rapidly.
t f J y TSaval Store .Market
New Tork. Aug. 4. (t N. 8.) Turpentine
-Savannah. 1.56 1.57; New York. 1.70. 1
Itoain Savannah. $11.75; New York. $13.
HOliiL MM
Strictly Ftnpeoof. - - "tear Both DefMSts and
.cenvenieBt ear eel vice to aQ parts off tns eld.
' Slngl Rooms ssfrthsMit Batb. 61 an
Ingle Rooms With Bath. 32 and up
CLSIRT S. ROBE ' Mna,V
MAR.K.ET
BASKET7
Consumers should prepare themselves
as far as possible for the huge advance
in freiarht rate that wUI become effec
tive on the railroads this month. - .-
- While there ia more or less talk among;
interested parties that this advance in
freight will not affect -the cost of living
more than 3 per cent, if at all, the fact
remains that the cost of living- will rise
more than, the added . freight advance,
because 'this extra charge is added ,to
the coet of Broods and merchants muft
make a profit on all costs or else co out
of business. -
In .some sections the , general public
will be aided, but the producers will
Tose'i .. : 1 :
With the exception of blackberries,
the entire berry season Is coming- to a
close : at this time. Stocks are not of
very good quality and prices are high.
Egg prices have been advanced owing
to the fact that so much poor quality
Is coming that buyers must charge more
for the good stuff tn -order to aid them
in recovering - their losses.
The following prices are aTerage ones '-consumer
are expected to pay retail stores. Quality
quoted is average, fancy stuff being slightly
bighet1 and inferior '.stuff, fractionally lower:
Butter Best jereimerx prints, 62 0 64c
Eggs Fresh Is id. 03 067c per dosen; fancy
fresh, I 50c per dosen. -;
PoeJtry Chickens, dressed. 30 94 0c per lb.
- Fish-sr-8slmon, . 2Tc per lb. ; halibut, 80e lb.
Fl-iur Beat local patent, $3.2004.30 per
sack. .49 lbs. 1 .
Potatoes Burbsnks. 4Ht 5c
- Onions Dried, 3 H 0 4e lb. '
Sttawberriea Oregon, 20 0 25c ' par box,
1 Raspberries Ldcal, SOe per box.
; loysnberries Fsncy. 15 0 2Oe. j
Blackberries 1502Oa per box. " .
I ; , " ' .
Heaviest Slump
In Sugar Named
Along trie Coast
Sen Francisco. Aug. 4. (L N. SJ Sngsr
a'gsini slumped hesvily on ' the local market
today. Two of the leading refineries the California-Hawaiian
and the Western announced
a new baie price of 820 per ' 0O pounds, s
reduction of 61.75 per hundred. Thia cut of
1 ct per pound ia the biggest slash aince
-"ir went soaring and mean 23o sugar to
uie eonsaraer soon.
, Thjr' Portland market will drop - a. similar
amount next - week when the lew priced stock
arrises- : j.s ' - ,' - -- '
- 1 - f ' e . i
ALFALFA PRICES DROPPIKG
( I3T ' THE YAKIMA VALLET
Takima. Aug. 4. Hay prices are dropping
ia Takima vaUey. The retail price of alfalfa
on the local market ha dropped from $29.50
to $34 a ton in the peat week and shippers are
of the opinion that - conditions are not settled
yet. ; New timothy ia retailing at $35 a ton.
The second cutting of alfalfa is now on and
tha growers wilt do little toward further market
ing till this crop, ia oilt of the way. hoping by
that time that the market will be settled.
DAIRT PRODt'CTS OF THE COAST
San Pranclsoe artt
- San Francisco. Aug. 4. (U. P.) Butter
Extras, 6c- - ' .-.
Eggs Extraa. lc; dirties. No. 1. 54 He;
extra, pullets. 60 He:, undersized pallets, 39 He
Cheese California flats, fancy. 31c
f '" Seattle Market
Seattle, 'Aug. 4. (lT. P.) Butter City
creamery enbes, 56c: bricks. 57c- ,i
Kegs Fresh ranch,' 56c; pullet. 45 046c
Milk Per ewt.. $2.90.
I Lea Anodes Marti st
Loa Angeles, Aug.. 4. (L N S.) But
ter. 2c. - , . ? 1 - ;
Eggs Extras. 52c; case count, 60c; pullets,
46c:-peewees, -Sic
Poultry Hens, unchanged. - 20A32e:' broil-
era, 26 0 29c; fryers, 32o. '
POTATOES " ALONG THE
COAST
- -r. gsattle Market' '
Seattle, Vrixh.. Aa. - 4. Prtatoea-t-Takima
-gems, $1.10; locals, -4 4 He -
sen Feanctaee Mar at
-San Franci-o, Aug. . 4. -(D. P.) Potatoes
New, SH08c: old.' 10c. f
Oniona fellow, $1.00 01.00.'-'
Field Peas Be.
l-oa Anosles Market -'
Lea Angeles, Ang. 4. (L N. . g.) Pota-
He ajiny ana i nita Jtose, lancy- So. 1
mostly $1.25 1.50: No. 2. 60 675 ine
sacked, K0.1 1. $2.25 0 2.50; Stocktons, mosUy
so. iv. ... . 1 ....
t - : . j-. '
; ; i Sell - Caseara Bark
" Brook. Or.. Aug. 4. Caseara ' bark to the
amount 01 ouuu pounas nss yust been "peeled
from the Samuel Jaatea farm near 'Uerraia by
Mr. and Mrs. . Chris Allen, The baflr haa been
sold : to a Sslem wholesale druse 1st at 7 cents
a pound. Of thia Mr. Jones receives 3 cents,
but to Allen's figure a clesn $500 for them
selves for their season's work. The trees are
cut down, which of course is "killing the goose
that laid the golden egg." but many are plant
ing 'young trees -in fenco rows for future cut
ting. To propagate the tree seed haa been found
a mora effective method than slip or removing
young trees irom tneir volunteer growin in uie
woods and transplanting.
i
! - Chicago Dairy Frodaee
- Chicago. Auk. 4. (I. N. S i Butter-Re
ceipt. 12.317 cases: . creamery extra. 52c;
standards. 46H05OH.C: seconds, 84 40c
MP Receipts, 12.653 esses; miscellaneous.
43 0 43c: ordinary firsts. 4 1 0 4 2c : firsts, 45
04c; extras. 47He; checas. 30035c: dir
ties. 33038c.
tTieese Twins, new. 23 0 23 He: dairies.
23 H 0 24c; Young Americas. 25 He; long
boms, 25 He; brick. 23 0 25 He
Live Poultry Turkeys. 40c: chickens, tic:
spriags. broilers, 89 040c; roosters, 3c
f
j Ifew Terk Batter and Eggs
New York. Aug. 4. (I. N. S.) Butter
Unsettled, easier. - Creamery extras, 54 0 57 He;
firsts,; 51 0 66e; higher aconng. 54 H 0 58c:
state dairy tubs, 45 0 34c
Cheese Irregular. w hole milk soecisls.
27 H 0 28c: fancy. 25H26He; lower grades.
20 0 28c: sshole milk fsncy .Young Americas.
28 H 10 29c: skims, specials. 16H017He:
choice, 14 016c; choice to good. 120 14 He:
lovnr, 6 010c. t
Kg Imnlar. ' Nearbv white, fancv. 68 A
70ct brown. 58062c: extra, 64 0 55c; firsts.
47 0 5Oc j ;-- - I . .
Dried Fralt and Besns
New York, Ang. 4. (I. N. 8.) Beans
mersei steaay. Marrow, ctioice, $11.50; pea,
choire. $790 0 8.00; red kidney, -choice,
$17.50. 1 ,
lmed Fruits Market firm. Apricots, extra
choice to fancy. 26 0 37c; apples, evaporated,
pnina to fancy, 110 18 He; prunes, 30 to 60s,
17 i 0 25c: prunes, 60s to .100- 11 H &
16 He; peaches, extra choice to fancy. 19 H 0
21 lie; seeded raisins, choice to fancy, 23 H 0
1Q ; ; - - - -
i , Broom hall Crop Report -Brnomnall
cabled: Argentine. Recent rains
liave benefited the new crop prospects consider
ably, and it is considered the areas sown to
wheat are about average. There is very Tittle
wheat remaining to be shipped.
. France. Harvesting L. progressing satisfac
torily in this. country and yields so far are fairly
good. .
Australia. The first crop "forecast from New
South Wale haa juat ben received and esti
mated the probable outturn at 44.000 000
busaela. ... j .. . -5 ... . 1 . .
i .Ifew York Potato Market
New York. Aug. 4. (IS.S,) Potatoes (in
bulk, barrel or bag) Market firm . to active.
Nearby white. 34.OO0 6.OO; Southerns, $1 OO
0 14.75.' j .. . . 1 i
; , ,.; 1 . . --r--
. . Dally Financial Statement '
5ew " Tork, : Aug. 4. L . S. ) Clearing
house statement: 8nb tressury debit $448,281;
exchanges, 8736,397,344; balances, 371..
73.7S7. 4 ,. , ' y, -. , - '
. i-;Z:,, ,
I Foreign Exchange Market
Sew Tork. Aug. 4 Demand sterling opened
off 5 cents, being quoted at $3.57. De
mand francs opened at .0700; off .0008; lire
at J0493. aft .0021. and mark .0211, off .0004.
! ISaa Frnmrtsco Poultry Market '
San Francisco, Aug. 4.-1 V. P.) Broilers,
30 38c; Urea hen. 35 038c: bet docks, 20
wasc. 1 - ... .
1
New Tork.L4o Silver
Sew Tork. Aug. 4. ft Jf. S. ) Commercial
bar silver wss noted : Itomestac. nnrhanged at
09Hc; foreign, lc lower today at 92 He.
xonaon. Aug. . ti. j. .) JOar silver was
hignet today at 67 Hd. 1 , -
JTew-Tork San? aat'd Coffee
Sew Tork; Aug. 4. U. P.) Coffe
T K10. 10 c; No. 4 Santos. 17 0 1Sc
-No.
.SWr-3' te,d' 16.29; rtfined, $21.00
GRAIN BAGS RULE
AT LOWEST R
HOW t WHEAT RULED j
; ; Bid.
...........$149
Rise.
- e
' 4e
le
Hard -white . ...
fetoft white .....
White club .....
Hard wister ,.,
Red wlater ....
TVortkvara spring
I....6Z.IS
....... 4, ...ti
-.....'.'...-..ttJt
Red Walls ...
NORJHWEST GRALf RECEIPTS
Wheat, Barley. Flour. Oat. Hay.
Portland. Wed.
Tear ago. .
Season to date.
Tear ago
19
82
11
1
3
8
1
62
2
1
8
20
" T
16
35
S1
73
87,
S
82
76
1
113
76
187
.1151
. 463
Tacoma. Tuea.
Tear ago. ......
ScaaoB to date. ..
Tear ago .......
Seattle. Tnes. . . .
Tear ago... . . .
Season to date. . .
Tear ago. . . , .
6
14
223 '
170
5
113
; 4
12
39
48
... 4
6 . 2
S 200
36 53
1
30
47
94
71 .
- Wheat market throughout ; the coun
try ruled with more erratic tone dur
ing the day than has been known for
many . session. In Chicago there was
a very serious early loss, foUowed-quick-ly
by a recovery which. In turn, was
followed by an erratic display of values.
In their efforts to - fool producers the. tactics
of , the grain baa manipulators have . become
laughable. t While they are .freely and openly
offering to sell spot delivery bags at 16c for
No. 1 Calcutta, they are offering as high aa
18 He each for bags to holders who thiy know
will not sell at thm time and who will spread
tha news of tn so-called sdvance. There - is
no truth whatever In any betterment of tha
bag market and farming interests are so ad
vised. 1 ' ' ' v'-. r "-r . -V'.i" '
Bag are arriving in Urge lota on practically
every steamer that crimes from California or
from the Orient The frightened holders are
making a most determined effort to get fromrj
nnoer. - ; ..
No activity whatever is ahown In the market
for eoars c rains at Pacific Northwest point. :
OREAON CROP REPORT 1 4 ,
: Edward I Wells of the Portland office of
the weather bureau advises:.
Harvest of winter wheat continues, and some
threshing haa been done. Many threshers will
begin this week. There is some complaint of
ahrivele grain. ,dA considerable acreage of early
spring wheat he been hsrvested. but in some
elevated' districts late fields are not yet .mature
and would be benefited by rain. The aame
ia true of late spring eata, but harvest of winter
end early spring oat is .well advanced. Barley
is mature except in the more elevated districts.
Corn, is generally doing well but needs rain for
best results. Early sweet corn is ra market. :
Pears sre nearly grown in southern counties
and picking of earht . varieties will begin thia
week. Apples said prunes are growing well.. The
loganberry crop wss somewhat reduced by -dry
weather.. -. - j, ;
Cutting of the first crop of alfalfa Is prac
tically - complete in Klamath county and is
nearing completion in Deschutes county. Cut
ins of the second crop continues ia Cms tills
county and is beginning in: Malheur. Morrow
and Union counties. The third crop is growing
wall in -aouthem counties where sufficient water
is available. Some hay is being baled Pas
tures are dry. There is still sufficient feed in
the higher ranges, but some stock on lower
ranges is beginning to foee weight.
Potatoees are mostly doing welt, but the
later plantings need rain in places. Garden
Vegetables, root crops and kale are showing the
effects . of dry weather. Hop need rain tn
place, and are somewhat infested with aphids,
which have done some local damage to peas
also. Tomatoes are ripening fairly rapidly:
- FLOUR Selling price, mill door: Patent,
812.95; Montana spring wheat, $13.25; Wil
lamette valley brands, $11.20; local straight.
$10.80; bakers' local. $12.96 013.23; graham.
$10.80; whole wheat. $11.05. Prices for city
deliveries 15c extra; suburban. 20c extra,
HAT. Buying prices, nominal: WilUenette .
timothy, fancy, f ) per ton ; vetch, $22.00;
cheat. $20.00; atraw," 8 10,00; clover. $19.00;
grain ) ; alfalfa. $26. OOl a ton.
GRAIN, SACKS Nominal. New crop deliv
ery; No. 1 Calcutta, IB 17c; domestic, 17c
tn car lota; leas amounts higher.
MILLSTUFFS Mill run at mill, sacked.
$69.00 0 60.00. -
OATS Per ton. buying price: Feed. $63.00
064.00 i , , -
BARLEY) Buying nrioe: Feed. $34.00 0
56.O0; milling. $58.00 0 38.00; rolled barley,
selling price. $67.00 0 68.00. -
SEED Buying price: Red 'clover, recleaned.
35e lb. . 1 .
Ifaaat...!. Bt- .U V ?.
Aga.Uea,Uaast AI, l-anVUss7 U1US :
Sept-
Oct.
2tt3
223 .
221
217
216
Ho
Xov,
224 224
222
218
217
Hsrd wheat. . . ." ,
Soft wheat ...
White club ...
Hard winter . . .
Red winter
Northern spring .
Red Walla ....
222
224
220
216
213
... . ..... ,i 220
. . . . . 215
FEED OATS
- 22
217
Sept
4600
4650
4500
Aug.
4800
No. 3 white .
No. 3 blue . .
Feed ...
BARLEY-
4750
4600
CORN
No. 3 yellow .. .
5950 5900
5850 5950
eastern corn in bulk:
No. 3 yellow .........
Wheat Prices Are
Up and Down in '
The Chicago Pit
" l-y
Chicago, Aug. 4. (TJ. P.) The wheat mar
ket wss erratic today, an early break being fol
lowed by a rise that brought futures tip to prac
tically yesterday'a closing figures. . ; Corn and
eata were' generally ateady. After ' yesterday's
close the tip went out to sell at the opening
this morning. As a result prices broke. Decem
ber wheat selling at $2.21, off 8 cents, while
March, at the same price, was down 1 H cents.
There was good buying on the break - and these
orders quickly forced prices up to their former
level,! December' closing at t2.29 and March
at $2.32. Corn was little affected by the trad
ing in wheat, the corn market being dominated
by. weather conditions. Rains over Iowa and
parts of Kansas and Nebraska were balanced by
ft-pott of poorer crop conditions hi Missouri.
September opened at $1.42. down C. reached
a high mark of $1.43 and closed at 81.42 H.
December ripened unchanged at 31.26 and
closed at $1.23 ti. . '
September oats opened at 71c, np He. and
closed at 70 lie. December was higher at
the opening, at 70 He. closing at 7 He,
Provisions were irregular, pork being lower;
lard, higher, and ribs steady.
Chicago. Aug. "4. (L N. S- Wheat started
8 013c lower r for December, and 14 He for
March, with general . selling and no demand.
Prices recovered absrply when efforts were made
to execute-resting buying orders, - ,
Local speculators pressed : the selling side in
corn . immediately after the openin. which was
unchanged from He' to le higher for September,
with a small trade. y v. t y"'.:-; ' .H;-
Oats opened H0 He higher for September,
and H to He up for December, but broke im
mediately because of the weakness in wheat,
Provision started unchanged, with limited
trade. - s 1 '
Chicago range of prices furnished by United
press:
WHEAT
Close.
229 H
233
142
123
70
70 H
2617
2683
1893
: 1590
1620
- . - -
' -" Cash wheat No. 1. red. 231 0 241 ; No. 2 red.
235: No. 3 red, 238: Not B hard. 235 0
286; No. 3 hard. 282; No. S spring, 230.
"Sew Tork 3IetaI Msrket
New York. Aug. 4. (I. N. 8.)- Capper
Dull. Spot to OctobeiC offered-19.
I.ead Firm. Spot and August, offered, 0.20.
Soeltee Steady. Spot and Answat. T.SO
7.75; September. 7.707.89: October, 7.700
. 00 ; Xovenlier. T.70 .50.
-y Mlnneapell FUi Mirttt , ,
- 31 inneapoUa. An. 4. (I. X. , 8.) Flax-t-
Track and to arrive. $3.8802.40. . '- i - .
".:
Grain Bags Lower .
iseo, Aug. 4. Grain bax, 15c bid.
San Francisco,
WHEAT
, Open. High. Low.
December ...... 221 280 216
March 221 223 218
.... . CORN - -September
...,. 142 143 140
December 126 - 126 123
. OATS !
September '....i Tl 71 . 70
December ...... 70 70 69
- - PORK 1 ,
September .... 2635 .2685- 2617
October. .I..... 2703 2703 2683
. -. ' p . LARD . i '
September ...... 1875 1893 1872
October , 1915 1932 1910
. - ' RIBS ,
September 1593 ' 1595 '1590
October - ... 1630 . 1637 1620
PRESSURE SHOVN
IN STOCK MARKET
iNew- Tork, , Aug.. 4. The New Tork
Kvenlng Sun financial review this aft
ernoon said: ; i
"' "Indications were not lacking In Wall
street r today that something of a -'revolt
against, the wavo of pessimism con
cerning the business situation and the
industrial outlook has been- started and
more bullish. 'talk -was heard than for
a long time, or less guarded and quali
fied and hedged about by contingent pos
sibility and loopholes, ! it is true. The
market itself reflected: this throughout.
following . a rather . negative opening.,
"The railroad shares were in good tone.
but. were not especially buoyant. The
equipment issues and j some specialties
were f strong but experienced intervals
of rather broad reaction.' j , y .y ,
The foreign exchange market was easy
and . steady - at the cloae. Demand ster
ling was quoted at 3.614. cables $3.624;
demand : francs - .0732. cables .0734 ; 'de
mand lire. .0508, cables .0510, and de
mand marks ,0214, cables .0316., ;
New Tork.-Aug. 4. Prices of stocks
were weak at the opening- of the New
Tork stock exchange today. Little buy
ing power appeared at the opening, j on
favorable reports of conditions in Eu
rope, d je to. the Polish situation, hav
ing a bearish effect; United States
Steel was off at 87; Retail Stores
unchanged at, 65 U and Southern Rail
way oft .at 28i- Baldwin and other
equipment stocks also showed a foss.
Openings were Baldwin ids1, on
Readimr 89. off ; Bethlehem I
S7.
off 1 ; tj. a Rubber 85i off ; Northern
Pacific 74, up .H.
( A drive launched shortjy after the opening
failed to mike mncb headv. Steel common
sagged to 86 H sgsinst a closing price of 34 H
and other leader declined similarly, but there
was firm resistance to tie drive and indus
trials rebounded :- 1 -1 .
Fnrnished by Overbeck 4fe Cocke Ca, Board
of Trade building
Allia Chalmers
32
79
81
American A. Chem.
Am. Beet Sugar. .
Am. Can, e . . .
Am.. Car Fdy . . . . .
Aa. Cotton Oil...
Am. H. 4 L., c . .
Am. Int. Corps ...
Am. .Linseed, e. . .'.
Am. Ioco.," c. .
Am. Ship A Cora.
Am. Smelter, c . . .
Am. ' Steel Fdy . . .
American Sugar, e.
Am. Sum. Tobacco.
Am. TeL A Tel. . .
An. Tobacco. . . . .
American Woolen, c
American Zinc...'.
Anaconda Min. Coi-j
Atchison, c .
Baldwin Loco., 1 e . .
Haiti. V Ohio. 1 c.
Bethlehem Steel, B.
Brooklyn R. T.4 . . .
35
85 I 85 35
182 H
136 132 H 184 H
.... 27
.... 13
78, 73
66 66 ;
f
DESCRIPTION : I Open Hign Low Cloae
1 30 32 33
I 79 TH 79 J
75 75
66 66
94 97
20 20
53 56
35 33
118 119
82 '82'
96 ' 96
112 ! 112
77 77
12 i .12
50 61
i 79 81
10K 109
84' 35
77 ! 78
j4 93
"0J 20
55 55
35 35
117H 11
80 H t
96 96
111 111H
76 76
11 11
60 51
79 80
107 108
34 33
76 77
..... 10
nuiie at oupenor.
Canadian lie. ...
Central Leatbe. c
Cliandler Motors .
Ches. A Ohio
Chicago Gt W.. c.
C. M.i A St. P.. ..
Chi. : as St-W.
Chile Copper ......
Chino iCopper
Colo. F. A L ....
Cons. Gas ......
Corn Prods., c . .
Crucible Steel, c. .
19l 19 I 19 I 19
U191211110HIH9
51 S3 I 49 I 4
86 I 86 I 85 I 85
66 I 6741 59! 56
...!! J.-.J.I 8H
85 I 35 I 34 I 35
70 70i 69) 70
14 14( 14 I 13
27 27J 27 28
1 . 1 30
76
86f 87 85t 86
125
131 I124!127
Cuban; Cane Sugar..
43
44 I 43 1 42
TXrnver JUL J
Erie, c. .... 4 ... .
General Cigars:
General Electric . .
General Motors . .
Goodrich Rubber. '.
tit. Northern Ore.
Gt. Northern By
Oreene Cananea . .
Gulf States Steel.. .
Ice Securities ....
5 ft I 4.
13 13 H 13 18
.. at . a) sSO
..... . ..... 139
21 2i 21 21
85 S6 53 53
84 84 33 33
78 74 73 74
..... ..... 26
...... .......... 52
40
83 84 83 84
81 H 83 H 81 82 H
47 47 46 46
79 79 78 78
122 124 122 124
26 26 23 25
' 17 17 17 17
19 19 18H 18
23 .24 23 24
66 67 63 67
44 43 H 44 H 44
156 H 162 156 139
38 39 88 38
26 26 25 25
09 j 59 58 58
73 74 78 78
11 11 11 11
83 86 H 38 34
72 72ts 72 72 H
89 : OO 89 89
74 I 75 73 74
4 - 4.8 3
84 185 82 83
40 41 HI 40 41
. 20 28 28
93 96 93 95
13 13 15 15
83 94 92 94
89 90 88 89
81 83 81 : 82
36 36 33 35
... J. . . ii. . . . . ..J 8
26 27 25 26
64 ' 64 62 62
92 94 92 93
28 1 29- 28 28
64 j 1 65 HI 63 t 64
62 63 61HI 62H
25 23 24 H 24
9 H 9 J9
43 43 42 43
37 88 t 87 l 87
12f 121 12 12
116 118 115 117
28 29 ' 28! 28
60 61 69 69
196 jt 196- - 196 198
85: 86 84 83
55 53 53 53
87 88 66 87
61 2 61 H .61
71 72 69 76
66 66 63 65
,8 8 84
'...;............ 82
464 i"n 46 .
17 17 16 17
Illinois Central . . . ,
Indus. Alcohol
Inspiration Copper.
Int. Psper '
Int. Harvester
Int. Mer. Marine, c.
Int. Nickel ."
Kss. City South., c.
Kennecott Copper. .
Lackawanna Steel . .
Lehigh Valley . . . .
Max. Pet. :. .
Midvale Steel .
Mo. Pacific c. . . , .
Natl Enamel
National Lead ....
Nevada Cons; . . . .
New Haven ......
N. Y. Central. . .
Nor. & Western. . .
Nor.. Pacifie
Okla. Kef. A Prod.
Pan Am. Pet. c. . .
Penn. By.
Peoples Gaa .....
Pr.- Steel .Car. e-. .
Ray Cons. Copper.
By. Steel 8pringa. .
Reading, c - ......
Republic Steel, e. . .
Rock Island, e . . . .
fi ha truck Copper . .
Sinclair Cons. . . . .
Sloss Sheffield
So. Pacific
So. Railway, e . . . .
Studeaaker, c ....
SheU j
St. I A 8. Fran. .
Tenn. Copper j
Texas ; Oil
Texas Pae
Trans. Oil
Union I 'sc.. e ....
Union Oil of De . .
United Food Prod
United Fruit ......
IT, S. ' Rubber, c . .
U. M. Srnlt A Kef.
IT. S. Steel, e. . . .
Utah Copper
Vanadium Steel .
Virginia ' Chem., e.
Wabash
Western Union . . .
West. ! Electric . . .
Willys Overland . . .
Total sales for the day were 784.500 shares
with truriness in bond going to 318.762.000. '
Ytw Tork Bond Market
Furnished by Overbeck - A : Cooke company.
Board of Trade building:- Bid. . Ask.
Atchison GenL 4s ......... . 73 76 ,
Bal. A Ohio tijld 4s . . '57 60
Bethlebun Steel Ref. 5s .. .... 79 . 79
t'ept 1'aciric 1-t 4s ........ . 71 ,71
('.. B. A Q. CoL 4s ......... 93 93
Chicago N-W. GenL 4s .. . .... 73 , 75
U St ti. Uni. 4s ..........i. 78 ; 79
New York By. 5s ..........i 20 22
Northern Pac P. U 4i ,j 76 ' 78
Reading Genl. 4s 79 79
Union Psc 1st 4 ........... 81 82
17. 8- Steel 6a... 92 92
Union Pae. 1st Ref. .......... - T3 74
Southern Pac. Conv. 5s ... 95 96
Southern Psc. Conv. 4s ... 76 76
Penn, Conv. 4 86 S7-
Penn, 1st 4s ........... 94 ' 94
Ches.. A Ohio Conv. 6s ...... . 76 77 .
Oregon Short Line 4 77 78
T - Forelga Bond Market -
Furnished by Overbeck A Cooke . Co.. Board
of 'Trade bnUding. . .!.
. . . , . ''"!,' ' Bid.
X. F. 5s. Oct. 1920. ........ 99 H
U.-K. 5 Ha. Not. 1921 96
Rep. France 6s. 1931 ........ 64
Paris a, Oct. 1921 ......... 91
Husda Kxtn. 6 Ha. 1921,.... 21
Ruaaiaa Intl. 5 Ha. 1926. ..i.. SO
Dobs. 5s. Apr. 1921 ........ . 97
Domi 6s, Apr. 1931 ........ . 86
Dom. 5s, Apr. 1926. ........ 88
Don. Canada 5a, 1937....... 84
U. K.,5Ha ........... 83
Ask.
99
06
67
91
30
34
97
87
89
86
83
, Rasas ' for Salt Lake , -
- Pendleton, Aug. 4. One Intndred and forty
head of Itambooillet rams from tha Cunningham
Sheep A Land company plant wars selected from
tha range near Ukiah Sunday for shipment to
the ram sale at Salt Lake City late thia month.
Theee rams wul be sold for fine wool tareedere.
Selections were anad by Fred W. Falconer, pees.
rnt owner of the plant; County Agent Fred Bea
nion, E. L Potter and Oran Nelson, - Rvaatock
experts from O. A. C One hundred cross bred
IJncolns and Merinoa are also to - be sent to
thia sale in a few days. ... . .-
j . Ran Fraaelsco. Oreja Market
San Francisco, Aug. 4. C. P.) Barley.
Spot t eed. pet . cental, . 2.20 er80;'iu-ypinf,
32.5002.55. 7 .
FEW HOGS SOLD
AT $18.75 HERE
V PORTLAND LIVESTOCK RUN
Hogs.' Cattle., Calrea. Sheep.
Wednesday . . .
Week ago. , . . .
Two weeks ago.
Four weeks ago.
Year ago. . ,
Two years ago, .
Three yean .ago
Four years ago.
. 83 .. ". .. . : . . 255
- 35 S7 ' 33 626
98 70 : 2247
186 . 282 - . . 2369
269 89 9 632
500 50 - . , 200
239 148 .. 63
453 ' 4 . - 6 . , 187
Sale - of a few hogs was made at
$18.75 .during the Wednesday trade cat
tle were nominally steady1 while sheep
were slow and inclined toward weakness.
' Onlv a small smfwm amwa red fa the 'hoc
aSeya for i the . Wednesday morning trade. Re
ceipts were lean than a carload A few bead
of extra good atuff sold at 318.75, the re
cent high mark, but this waa not established
as a general quotation, although H is quite
probable that a similar price would be avail
able for a full load of extra good stuff. -.
General hoa market ranae: -
Prin-e mixed ............... $18.00 0 18.75
Medium mixed
Rough heavy....,,,.....
Smooth beary ...........
pig ..
17.5001800
12.00 14.80
18.50 016.60
13.60 016.60
.. ' He Cattle Arrive
No cattle reached th North Portland alley
for the Wednesday trade. - In general the mar
ket appeared tob nominally ateady with former
price continued. -.
Geneml cattle rang:
Good grass steers ........ .
,$10.00 0 10.50
. . SOW 10.00
, 3.50 9 9.60
. 7.75 0 8.60
. 6.500 7.75
. . 7.25 0 T.75
. ; 7.26 0 T.75
.' 6.760 T.23
tiood to choice steers .........
Medium to good steer'
Fair to good steer .........
Common to fair steers.......
I'hoice cow and heifer. : ..... .'
Beat feeders .........
Fair to good
oof to choice cows and heifers
Medium to good cows and heifer
Fair to medium cows and heifers
e.607.23
'6.50 0 6.SO
4.60 0 6. no
y 2.80 0 4.00
5.00 0 6.00
13.OO013.OO
7.00 0 9.00
11.50 013.00
"1 ..... i. ......
Bulls ..j.
Choice dsiry cattle
Heavy calves
Best light calves...,'.....
Mutton Looks Slew
Msrket for mutton and Iambs was inclined to
be slow with an undertone of weakness at
North Portland. Wednesday trade started with
practically no buyers within sight of the mut
ton alles, but the run waa s small one for the
day.. -
General sheep and lamb range:
Eat of mountain lambs . . . . . .$1 1.0 0 1 1.60
Valley lambs 1O.OO011.OO
Cnll lamba 6.000 M.UO
Yearling 6.00 0 7.00
Wethers 6.OO0 0.5O
Ewes ..,, 2.23 0 6.00
Tuesday Afternoon Sale
STEERS
No. Av. lbs. Price. No. Ave. lbs, Prlre.
1 850 8 8.00 5.... 916 $ 7.O0
27 It 83 10.25 15.... 904 7.75
10 1100 8.75 1....1190 7.50
'5 804 6.0O 4... 812 .800
.1... .116.0 7.75 ' 611 6.50
4 997 8.60 2..:. . 800 7.25
10 962 7.28 8.... 916 8.00
13 945 8.00 6.... 500 7.73
7 647 7.50 3... ."743 5.08
1.... 940 5.75 23....109O 8.50
19 1122 7.10 2 980 8.35
1 H90 7.50 27... .1075 9.00
10,... 1000 8.35 -
COWS
1....1070 $ 5.00 11.... 030 $ 6.73
14 1019 6.75 4.... 770 6.75
1....1030 '4.00 18 . 830 6.00
1 540 '7.50 1.... 960 4.00
4.... 837 5.75 20 7.00
CALVES
:35
814.50 (
BULLS
. 800 3 5.20 I 1
.1040 S.OO I 1
HOGS
060
800
5.50
6.00
6.
3:
9.
4.
5.
1.
1 .
3.
'5 3.
5.
8.
o
1!
i.
ii'.
.
I'.
l.
12.
7 .
6.
12.
13.
32.
24.
o
il'.
15.
8.
17.
10,
6.
8.
18.
10.
1.
129.
10O.
25.
203
118
$18.25
8. ...
4 . .
1....
6
5 . . s. .
8. . .
1....
10....
1
4....
18
7..,.
1....
2.
190
167
350
178
227
190
360
170
156
180
140
210
211
178
260
180
200
tt 8.25
1 8.30
16.5ft
18.23
18.25
18.23
15.25
' 18.23
18.25
18.23
16.00
18.50
18.00
17. SO
IS. 60
18.00
17.O0
18.25
18.25
18.50
15.00
16.25
17.B0
18.50
14.50
18.25
18.25
18.25
16.25
15.SO
15.50
18.50
17.00
14.50
192
195
166
270
170
186
123
180
123
175
20O
280
240
185
'250
130
LAMBS
70
$10. SO
S....
76
53
100
82
,78 .
75
64
' 61
80
81
71
7
80
I 9.00
6.00
7.50
7.60
10.50
11.60
S.OO
s.oo
10.75
8.60
11.00
9.00
11.00
71
8.30
9.00
8 00
8.50
8.00
ll.OO
11.00
8.50
9.73
10.50
11.00
11.00
7.0O
3. . ..
3....
5. .1.
20....
115.....
14
6. . ..
11. . . .
-19....
13....
59 . . . .
20....
102
86
OS
67
77
73
90
10O
87
75
70
103
135
116
, EWES
I ' 5
6. ...
I 4.00
6.00
110
124
105
81
$ 6.00
6.00
$ 7.00
6.00
5.
YEARLTNG8
127 $ 6.00
88 7.00
19
A
V . ...
WETHERS i .
150
k 89
$ 5.00 J 15.. 102 $ 5.00
15
100....
6.0O I lOO.. . . s o.wu
' 94
6.00
MIXEr '
15a $ 4.00 I 14.... 134 $ 5.00
. . . - 95 6.00 I
Wednesday Morning Sale
.15.
CALVES
No. Ave. lbs. Price.- I - No. Ave. lbs. Pricej
1..,. 250 815.00 I . ,
HOGS - 1
8 100 $14.50 18.... 167 $18.63
18.... 212 18.00 6.;.. 143 17.73
17 211 18.25 8... 206 18.50
,!..., 20O 18.25 - 11.,.. 208 18.50
8.'... 160 18.75 4.... 810 17.50
.... 192 18.60 V i-
71.... 200 18.00 12.... 281 16.00
; 2.... 800 17.00 184 18.65
2.... 163 1 8.66 - 2 195 18.65
! 8.... 183 18.60 2 180 18.50
i 1".... 880 -16.23 18.... 224 18.00
1. 220 18.00 1.,.. 180 16.50
f 1.... 360 '16.00 1... 490 16.00
' 2.... 20$ 18.0O 1.. .. 230 18.50
7.... 215.18.50 J . ..
' - LAMBS
4 '92 310-60 I . ; -1
AMEBIC A JT LIVESTOCK PRICES
- Cblcaae Hoes SieO i
Chicago. Aug. 4. Receipts 19,000; stesdy,
15c higher. , Bulk. $13.50 0 16.10; top.
$16.20; heavyweight. $14.00014.73: medium
weight. $14.75 016.13; light weight. $15,20 0
16-20; light- Hghts, $14.90 0 1 5.90; - heavy
packing sows, smooth. $13.50 014.60: packing
sows, rough. $13,00 014.60; pigs. $14,25 0
15.M.
- i'attle Receipt 8000; slow nd steady.
Beef steers, medium and heavy weight, 816.00
017.10; medium nd good, $12,50 0 16.00 i
light weight. $14.73016,76; common end me
dium. $9.00 0 4.50"; butcher rattle, heifers.
$6.00 0 4.75; cows. 36.OO012.OO; bulls. $6.00
011.75: esnners and cutters, cows snd heif
ers $3.76 0 6.00 reanner steers. $4.5007.00;.
ves'l calves (light and handyweight) , $15,00 0
16.75; feeder steers. $8.00 011.60; stocker
steers, $5.50 0 9.75; stocker. cows and beiferi,
$5.00 0 8.50.
Sheep Receipts 19,000; steady to lower.
Lamba 84 Iba. down). $12.00014.75; lambs
I $7.50 01 1.75) ; spring lamba, $9 00 0 12.50;
ewes. $6.50 09.00: ewes, culls and coenmon.
$3.00 06.OO;. breeding ewes., $6.60 010.75;
feeder lambs. 310.000 12.25 '-,
Denver- Moos SiS.sMT
' Denver. Ang. 4. Cattle ' Receipta 200;
steady, weak. Steer. $8.50 013-00; cow and
heifers, $7.50 0 9.50; tocker nd feeders.
$6.B0e.25; elT. 3S.oo0is.eo.
. He j .-Receipts 500; steady. Top. 15.60;
bulk. $14.33 015.40., . . j
Sheep ltecsripts 8000; slow. T5e lower.
Lambs. $12.50 013.25; ewes. ; $6.26 0 6.76;
yearUngs. $8.00 00.00; wethers, $6.50 0 8.25;
y aswawaawawassBPBaMeaaswaaaswMwa-a . .
" Chicago Potato Market v ; :i
CTntVam. Ana. -4. L S. S.I- Potatoes i
Receipta 28 cars. Eastern Cobblers. bbL. $7.50
0 7.73: Kansas. Hlaanori ana uny vmn; aa.oo
0 3.85; California White. 34.35 0 4.60.
f". 'yj ' f'T '. ..." e s.
Ssa Fraaeiseo Barley Calls
' Ssa Francisco, Aug. 4. December-barley, 23T
v ytMka, Beads. Cettea. Oral a. Eta,
flw-ail Board of Trade BalUlat V
Overbeck&Cooke Co;
01KECT PRIVATE WIRES
TO ALL EXCHANGES
MenabsnVcaleas. Sasvrd mt Trade ,.:
- . . - ' - '" ' - ,'. .. " -M-. i
Correrpwide sti Xets BrjAS ; '
CkicAf. SswTerK
POLISH S1ATI0N
CAUSES OUTBREAK
By Broadan Wall
. New . York. ' Aug. 4. Announce-!
ment that the Polish armistice had
broken - . and that . the Bolshe-1
vists : were advancing rapidly again
caused another outbreak , of f selling
in the stock market Tueiday ? after
an opening: rally had put the profes-j
slonals at ease. ' The opening rally
went as high as 2 points in some Is
Sues and seemed to quiet" down ihY
whole market- ; Steel was extremely
weak . again.. y , :.y".,;'- .
Money renewed at per cent and the
list, held steady after thaL But when
the news came from Poland, selling be
gan with Increased urgency and by the
beginning of the last hour the market
was extremely weak and active' with
new -low prices for the year t being re
corded In many Issues. . j
" So serious did the situation suddenly
become that the money rate was dropped
to 7 per cent and finally to 6 per cent in
the hope of checking the decline. -, ' j
About the middle of the last hour
trade decline waa checked and .a sharp
rally was; led by United States StceJ,
which advanced 2 points from , its new
low price of 85$. Mexican Petroleum
made an abrupt rise of 6 points froth
its. new low of 1536. Others acted ac
cordingly. , the moat speculative issues
being naturally the , most active. . So
sharp was , this rally that . numerous
stocks 1 closed the day with net gains.
, Incorporations .
' The Pacifie Coast Amusement company
filed its articles of Incorporation with
the , Multnomah county clerk Tuesday,
setting -forth that Portland is Its prin
cipal place of business, its capitalzation
is $10,000 and its incorporators are L. C.
Keating, H. C Stevens, Dan Flood and
U H- PearL The Portland Heating
company also filed its articles, of incor
poration, giving Portland as Its principal
place of t business, its capitalization - an
$25,000 and F. C Stettler. J. A. Hill and
Otto J. Kraemer as the incorporators.
y Operations Show Surplus
In the fiscal year ended June 30 last
the government's income exceeded exn
penditures , for the . first time in three
years. Operations sho ved a surplus of
$231,221,647; $1485.184.692 was cut from
the gross public debt during the : yeaiv
leaving the aggregate debt at the end
of the year J24.299.32L467. .
RENEWED LIQUIDATION 8ESDS
PRICE OK COTTOX LOWER
New Tork. Aug. 4.--ML V. S.) Trade at
the opening of the cotton enarket was active
today. The market turned Weak under renewed
liquidations, due .to unfavorable news from and
another drop in foreign exchange. At the end
of the first 16 minutes Uie list was heavy and
about 30 to 40 points below last night' close.
Weather news from tha South was favorable. I
The firmer tone of foreign exchange was
steadying factor in the late afternoon market
but on rallying orders increased. The market
cloned steady at a net advance of 2i points to
a net decline of 25 points.
Furnished by Overbeck
Cooke Co.. Board
r Teade buildmer
Month.
Open.
High.
2954
2920
2895y
2855
8130
Low.'.
2895
2S
2850
2835
8068
Close.
2925
29l
2877
: 2850
January .
March . . .
May ....
July . .-. .
October .
December
2935
2890
2875
3090
8010
8108
3000
Liverpool Cotton Market ' . f
-Liverpool, Ang. 4. (I. N. S.) Good de
mand for apot cotton at opening. Prices harden
ing. Sale 800O bales.
American mids fair. $81.23; good mida,
828.48; full mida. 827.23; mids. $23.90; low
mids, $22.18; good ordinary. $18.98; ordi
nary. 817.98. j
Futures opened quiet and steady. j ,
PACIFIC COAST RANK STATEMEX
Portland Blanks
This Week.
Oca rings
Teaf Ago.
Monday .
Tuesday
Wednesday
. .8 6.279.226.36 - 8
5.438.317.94
. . 5.047.274.86 .
4.477.940.1
4.49t.28l.5Jt
4.532.253. 66
San: Francisco Banks , ' I-
Clesringl. Wednesdsy $20,200,000.00
Los Angela Banks .
Clearings Wedne-dsy $12,827,075,00
Seattle Banks '
Clearings. Wednesday .$ 1.008.2 12.62
Tacoma Bank i
Clearing, Wednesday . . a . . . . . ; 3 s 62.1 4 5.tlffl
Liberty Bond 8aie I
(FurniAed by Overbeck A Cooke Co. I
Open. High. 'Low. Cloee.
Liberty. 3 H a. .
Libertv. 1st 4s.
: 910O VIOO V0UO
BO4
8340
Liberty. 2d 4s. . . 84s40
IJberty, 1-t 4 a-. 8660
Liberty. 2d 4.. 8488
8460
8560
8490
8876
8316
9522
9570
M450
8550
8464
8860
8302
9506
9366
846U
85.10
6480
IJberty, 3d 4 a.
Liberty; 4th 4 .
Victory. 4....
Victory. 3s....
886
8310
9668
9570
8860
8510
9566
9566
3Ioaey and .Exrbasge' ' - . '
New York. Aug. 4. (I. N. S ) Call money
on the floor of the New York Stock Exchange
tndav ruled at 7 tier cent: hiahk 7 per cent; low.
6 . ner cent. Time money waa firm. Rates
were 8 H 0 9 per cent. The market for prime
merrsntile paper wss steady. Call money in
Ask for our list of
high-grade
to M
-. -I . I .:. f ,
Cash or Partial Payment Plan
.',- . af . ' . i. t
Call, 'phone or writ '-
' Sccomo fuxm maim 644
lrOfrrHWC5TtRH BANK BLDtS. V
IJBERTY AND VICTORY BONDS
Headquarters ' for : buying 1 or selling
any issue. - Large or small - amounts.
. WE FIND A MARKET
tor unlisted stocks and bond.
Herrin s Rhodes incI
gSTABU3rftaISM.
es-nrv c OMjn. . . I
EaOwar Extkaagt BMr. Main 883
: SeatUe - Pertlaad ; Tavconsa .
,f embers, .Cslcsgo Board of Trade I
to yield.
Iendon today waa S ' per . rent. Sterling ex
change waa weak with business ;in .banker' bill
t $3.51 for demand. - . v
. ill Wild Blarkberrey Harvest
y Dee.- Or., Aug. 4 A the result of an Item
In The Journal relative to the wild blarkberries
In this , aection, not leas than ' 600 Individuals
came hare ia quest of tin prolific berry, some
coming ever 100 miles. Long distance tele
phone and . telegraph inquiries came to tbe
postmaster.- The crop waa sit its beat two
weeks ago and is fast drying. Possibly 8000
individuala Tinted tha place hut week. A eoa-
$S,00 TAX EXE31FT
POWER COUMTYlIMHO
Crystal Hiirhwav
' i District Bonds
- -y' ';- .-' . r-.t J ' : i
W ! 1 T r
IieMiit
V Dated May 20. 1919 ; Due serially 1930-33 ' .
Denomination $1000 Price 100 j yield 6 7o
-Civ-'--ivUb ;yv:;y':'-;-vfy-;j,.--y-y,:.,..r.; :.. :
Principall and Scmi-Anrtual Interest Payable in
1 k Nei York or at Morris Brothers, Inc.
This district is in Idaho's premier 'grain pro.
ducing -country.
And its ! indebtedness
valuation.
. - TelephonS or Telegraph Orders at Our Expente
Morris Brothers, inc.
: ' - - t " - ,
Between - Tie Premier M sulci pal Besd Heave. Telephone
tth and 6th . Eabllbed Qoarter of a Century. Broadway
Streets. J j .Morris Bldg 80t-Il Stark 81. flit
j : Capital, n.eto.eoo. . ,
6,000,000
-Pounds of Gheess-
--Bring to tlic dairymen, and cheese makers of .the
famous Tillamook region a fortune each year. And
the major " portion of these immense incomes is
spent at Tillamook the marketing center.
A City Backedy
By a Producing Region Grow
6 Improvement Bonds
General Obligations of the City of
Tillamook, Oregon
Due 1921-30
INCOME TAX EXEMPT
Send
1
Set
. Bo
Big August List Now,
Scores -of lofferings of
Bonds yielding '
Ussio f t-fwtttoi
BONDS ! TRUSTS
IiiimII
Lumbermens BIdg. ,,
SiO-CENT
Your interest and principal will be returned
to you in dne hundred-cent dollars.
' The price; of bonds varies! inversely with the price
of commodities.7 The former are -now at their low
est recorded level, the latter at their highest. Some
; time in. tie not very distant future the trend will
change, therefore, if jou Invest In bonds now In
stead of roods, you are jjettin much more than ,
your money's worth; ' i . '
- You can place your money. in, the highest trade se
curities, which normally pay only , 5, but which
will now bay you 7 to 8.
' '. X, - -- l y '
- - ' j a$k for List J.33
D
1; YEON BUIU5ING PORTLAr.'D
'f,r3 -'"'l Phone Main C1E3 ' ; - ,
San Francisco V Seattle ; New Ycrl: Lc 3 Angeles
:-i
HAILILi' CO!
Boy and- Sett U.'S. Government, Foreign Cor
v Railroad. Public Utility, ladustrUU I IubU...
-
1
BOMCS
- . Qaotafjona
Lereris ETdg Portltnd, Or.
aesvaUve estlmale of four gallona to each indi
vidual will make '12.000 gallons taken in one
week. Two gallona of bernea from one wild
blarkberry vine was a common tiling. Neit year
outlook ia. tliat the crop will be tar greater.
I - ew Tork .Wool and Hide
New York. Aug. 4. (L. N. K ) Wool
Market weak. Uomeatie fleece XX Ohio. 36
57e; domestic, pulled acemred baaia. 40c no
$1.18, doDieatieMTexaa scoured bssis, $1,030
1.20. 4 -i
Hides Market weak. Nstiv stsers, 23 0
29e; branded steers. 24 0 27e.
GENERAL OBLIGATION!
rn
less
.
than 3 of actnal
1 1
Denominations $500
For . Our
Ready-
Municipals and Corporation
' v i
From 6 to 8y4
n i
ACCEPTANCES
y
Upon Raquait
Tel'" ,nsj rroa 'wav f
t i
i