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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 13, 1920)
-THE OREGON DAILY JOU RNAL, PORTLAND, OREGON 15 FRIDAY, AUGUST ". 13, 1920. ENGLAND ENTERS EASTERN MARKET FOR BREADSTUFF SUPPLY - Edited by Hymen U. Cohea CREDIT CURTAILMENT DISCUSSED tdllr J by Hill P. Hcs.iaa STORAGE EGGS IN THE BEST DE MAND A carload of egg-s Is being shipped to the Katby a local firm Friday, but out- Id buslines Is not sood because of, the hot I weather which mtereferes with the quality Of supplies. '' . ! . ' ' V. a. b. iwlee for eontinn steady to firm With j no ehans noted fr ,hT,.. .., r rival arc I generally limited and neUty ia ucb that vert 4I crlltn la necessary, lihlrSTr. adviaed to d Ihair .taek. to market mere resuiarly and in tlm way tliey will be ahls U sidestep "ch of the oual.ty less now sliowni . ' '. ' HtcaufteT of ' the poor quality of current ar rivals cold atoras stock , i commanding tha Ivat uemirwi. Moxt of it is of better quality than tha so-called freli stock and i for that reason jirWerrd byj the more careful buyers. . . j : " Ttioae dmirlna special information retarding any market, should write tha Market Kditor. Oregon Journal. enclosing taau , for reply,; u - j 4- BrTTEll TRAPK MOLDISO STEADY Mark.t for butter la allowing a ateady tone hers! with tha advanced price for printa main tained. Cabes are likewise fractionally better al though little of tha extra trade ia available. , noon: pkachks are received . Blilpnotrrt ct Roirtie River peachea came to tha market Friday end sold around $1.75 a box for Chamtsnn. California stock vs scarce with hIh tt 11.7501.85 for , best ElberUt and Mulrs. i ; TOMAT6 MAUKKT AOAIX LOWERED Toma1e market ia aganV lowered with Coriun Me river fancy atock offering around 7S:$9e cenetslly ' Some over-ripe stock kold down to "JSc. Recent arriralt from AVapato were in bad shape and were on conxienmeet. . i '. ,. - a ', '-J ' ' HlflH PRICES COTS ARE SEtLlSO Tba Wenatchee aprtceta which arrived Thu re el ty ware In ncarh bosea instead of fo.tr basket : era tea. rJesrflte tha high price of $2.85 for IS Impounds di they are Bailing well. Quality ia fair. rOTATO TRADE IS MARK15G, TIME . Trade iU tha potato market ia marking time with demand limited and arrivals in excess at reriulremerita. Tha hot weather is interfering with: sales a acme of tha stock ia not well ma . turrti for keeping. 1 HR1KF ft OTE OF PRODrCE -TRADE Watermelons lower with quality good. t'entalospe selling at a wide price range. Country! killed hogs In good demand at quota tion. Tokay krapea offering at 3 25 3.50 pet 'cm.. Sweet potatoes aelling around IS pound. , 17 Vie per WEATHiETt JiOTICE TOR SHIPPERS . Vethe bureau uttlw. Protect shipments during thai next 88 hours against the fallowing maximum temperatures: doing north,. 4 ; de gree: northeast over the Spokane, ltHISBd at Keattle railway, VJ degrees; rat to Raker, 62 deBreea, and south to Athlahd, 08 decreea. Maxt rrura temperature at Portland Saturday, about Ji degreesi . i . J 1 -. ;; '- WHOtEHAI.E PRICES I3f PORTLAND Theejr prices retatlers pay "Wholesalers. ; at cept a ciisrwise noted! ' j- l V Dairy Praducta f TtUTTER Selling price, boa lotas Creamery prime,. parchment wrartwd, 6fic lb. prime first., 5Tclb. ; firsts, 86c lb.; smaller loti at ah ad vance. Jobbing prices: Cub enrws; 4c; firsts. B2ot JtUTTERFAT Portland delivery basis. 2o .country stations. B7 ft 48c OUCOMAKOAniNEr Meat brand. 40e; ordl-' nary, S3 He;, bakers. Sac; ouUaargariae. 1-lb. cartons. Stic pe It, i C1IKE8K Belling price: Tiliaanook. , ffwh Oregon, isnrr triplets, 32933a per lb.;'Toun America, tS5e. Prices to Jobbers, tab. Tillamook: Triplets, 2'Jtt Young America, 30c. Melting jirlecs: Cream brick, 40$42e. . SMHng prlce: Block Bwis, 48 6 40c; limburger. 48i 4c ier ib. iCtiti S f-Buyina prices Cnrrent receipts. 4Tc; candled, selling price. 52c; select, B4c per flown. ; i- LIVK TOCLTBT Selling price: Hesty heha, 5tci light I hen, 13 0 1uc; heary springs. -0c; old roosters. 10c per lb.; turkeys, lire, ( ) ; ducks. It3f30e lb. . , iprash VagaUbks and fruit ' rRERrlj FUCIT Orange. $8.75 7. 50 per boil bananas, lt12 lb.: lemon. $4.1109 $3.50 per crate: grapefruit, $4. 00 4.80; can-; talonpes, California, $3.00.00t NalaBa grapes $4.00 per; crala : : aeedleaa grapea, 3.50; Cali fornia pealchea. $1.$! Oregon, $1.75 lr cmtj peach iilums. $1.80 etate; rears, $4.50(05.00. I APPI.EJNeWi $1.00 1.60. v ! DKIKD FUCIT liates. Dromedarlea, $7;50; Fard, $4j00 per boat flga, $2-60 5.00 bos. i B.iiina nri in retsiliTa: New Walla Walla, $1.501.75; garUe. 25c pef l&.f green bniins. xa4VS aoaea uncn,, ooiuu !. tf ile lbt . : - i l"OTAlpKS Jtelltiig price: Oregon, fancy, 4 m Vie. f ' . . 1 i riKHItlti Strawberries. '$3.75. pel- crate. 1 VK(JKTiABI.E8 Turnips. $3.80 aack; iear rotsi $4.00 sack: beats, 60c dozen bunches; let tuee. $1.45 m l.tS crat; cucumbers, SB:60c box; tomatoes, 7385c; est plant, 10c per pound; Wroccoil. i ) ; beu - peppera, iis; celery. $11.75 rtosen; string beans. $&4e lb. -; i . J Meats and Provtslerts 1 I COCSTRlT -AiKATS Selling price: Country hog. 24e lb. tor top blocker; heary, 18c; I veal, 2.1 $23 Vie; heary veal, 16c lb. : HMOKtU UiiA'm Ham. 414940a per !Ib,.- breakfast ibacon, 33 58c; picuics, 25e per lo.; cottage rail. 38e per lb, ' ( i 1AU14 Kettle rendtred, e lb,; lUndard, 33 vac; ucrv oaai. coa-pouni, Attii. i j , Fish and Shellfish i " 1 t FUESlili FtSU Salmon, fresh Chinook, ill itc io.; naiiciii, treat). iwisc per lb.; stur geon. (-): black cod. 10 lie lb.; kippered i-almon, $2.00 kwr 10 lh. bket; kittered $2.33; ikxor clsms, ( : crabs, $2.75S.7& Oiaen; nag sou, oe .a id. -- i saeoeaelaa ' SOGAiR Noniins, ltricas, refinery bsst WEATHER AGAINST : VEAL SHIPMENTS i Weather condltiong are such today that It woifld be advisable for country meat shippers to retain their stock at horn rather than send dresawd supplies io tha market. ! : . ': .. f v . - -'.. While receipts of calves have not been liberal along ! Front street recently, the - extreme hot weathar, together with - tb low price bf bkles, ha created an adrere .reot'.mvnt atatnst buy ing, Thia baa resulted In a demoralised market. ' Kvea St tha prBt price of calves, along the street the stock is i costing retailer mora money than t when th highest levels . were reached during th war.l rThen calf skins soid as high a 00 a pound, while today1 they are weak St 23c, while kips are dowa to 15c. ' Much, of th -veal that ha arrived recently ha been linmnAit Kamaims .f rv4viM it, mb tlition, unfit for food, ITaatically .alkwho!ealera are aaviaing their ablppar to remaia dil th market. ... i- ,: - s British in and : -Out of I Wheat; Market Is Off ! Chicago, Aug. 13.-!-I. Jf. 8.). Dreggy market at sharply lower levels marked Friday, th 13th. os th Board of Trade. Opening price were unsettled, iwheat starting sharply liicher on expectations of a Continuance of yextenday' export demaad. casing below yeater day'slclo when it Waa learned that the British ommissiorf again had atepped out of the . mar ket and breaking sharply later, t Final pricea were alter today's low est j corn rallying most. Corn opened easier I on good rains Where needed ever tha belt and alumpd ground 2 cent more lea selling by local professional bears. Wheat trade waa light, s littls scattered sail ing being sufficient to sore tha decline. . Cash house and elevator isteraata war tha beat buyers. ' . i i ' 1 tOata epened easier kod Weakened further in Sympathy with corn. i Provieiens opened higher end sharp advance in Uv bogs' and k on , what looked like mora eastern orders for lard. Buying credited to cnawtaissian house aborts airs need pricea fur ther and towards the clos there were report of some j export lard trade. ' At; the clos December Wheat was 8 H 3ic lower and March: off 34e. Beptember mm Jost SVi(ii8Tc. December le and May 2eJ Oata declined e for ; September, 1 1 S c lor lecember and C f of May. . Pork gkinad 10 20. lard 33 He end ribs 12HJ&15c. ; ; - i: -.. Chicago, Aug. 1$. IL If. 8.) With scat tered ' commission house i buying and a lack of offering wheat started He to tVic higher tor December and 1 Vi a to 2 H c up for March, Trade in i corn waa light . with commission houe and professional bear pressing the sell ing, torn opened unchanged to He lower for September rul Vie off flor Iiecember. : Trad in eata waa also slow-with commission house on both side, i Opening flgurea were Vie to Ho lower for Beptemker and Vac to He oft for oats. - - ' , PrOvL-ions opened h!her with limited offer ings land a ; little buying, encouraged 'by ad vance in hog..;. - j- i Chieagd rang of prices furnished by United .23; 1) extra yel C. I . Or- te Freaa Dee. March. Sept j lec. , . - i- sept. ; , ec. I .- ': ; 1 Sept, ! :. Oct. j. . - 1 ! Sept. 1. Oct. i. h Sept. s , Oct. j . i ; . WUftAT : "' 'ope. ." High. S45 4(IVi . . 250 230 ! CORN ..... 152Vi t2Vi ..... 127 127 - I ,r OATS ....r72Vi ; it2H ..... . 71 .IllVi i PORK 2540 ssao , . , . Nomina 1- ; LARD- . IMS i $07' . . . . ,125 r- 193 . I i - KIRS -.....1340 l47f 182 1507 low. y 241 248 Vi 14SVi 123 Close. 241 - 244 14 123 70 j 3330 , I8-TT : , - .. 1540 f 1580" 72 H 70 Vi 2380 2000 1898 1932 1942 1390 Beckley Says Good ! Wheat in, Gilliam ' Cub. $22.10; fruit and berry, $21.: low, $20.03; granulated. $21.23; HONKI .New, $7.007.50 case. !: - KICK4 Jain aite. No, 1, 12c; New '. laana hd, i ) ; Alua Hose, 14 He per. lb. aVUVFt Coarse, halt rround, 100. $17.23 tog; 60li, $18.75: table dairy, 60s. $27125 i - bales, $3.30 4.00J fancy table and dairy. I $30.50;i lump rock,' $26.50 per- ton. ; i j BUANS Sale by jobber.- Small whit. 7Vc lb ; lares whiU,'74e lb,; ilnk. 8 Vic lb.; 1 liosaa, 12 Vc: bayou, 119ic: reds, 10 Vie; Ora rgon beans, buying prices, nominal, 6 Vie lb. CA.N-NtD allLK Canistkn. $8.50: Borden. $6.30: Astor. $.40; rele, $12.83; Ubby. $0,50: slount Vernanj $0.40 par cas.- COFFKki ltoaatcd. 4(948 ia aacka ot drama, i ' '- . ; - SODA1 CltACKKRS In bulk, 20c oar lb. NUTS Walnuts, 8 5 40c ir lb.; almond. 3Sc: filbert. 82c in sack lota; peanuts, 14VX m 13cj Ipccans, 23cs Brasila, aftc - j J : ; Rop,. Paints, Olla " TtOPB Sisal, dank. 18 Vic; whits. 20o lb.: standard! Manila. 20Vic ia Xl.SBKl Vll Raw, bbla." $1.83 gaL; k.t . 1.V!. e e A . ha - 1 UB : boiled, eases, $2.00 gailoD. OOAb OIL 1'eari ay water white in drama ; r iron i barrels, 17 Vic, gallou; ease. SOc per j gallon. I i - tiASOLINB Iron barrels, 29 0 30c; cases, 41 Vic; engine distillate, iicn barrels. 16c; cases, 1 , 18 Vie. ! t SH1TK IJiAl Ton lota, 15c; 600 lbs., I 15 He per lb. I. i i I TURPENTINE Tanks, 2.2: essss, $2.41; 10 ca lota, la less., . I ' J Hepa, .W&el gnd Hlace L lirips Nominal, 1019 crop. 70c per poamd. . 1UDH8 Salt hide (all weigbU). lie; green i hide (all weight. . ttc; green or salt calf (an I der ISjpottmU), 20e; green or salt kip (15 to I SO Ibs.f. 12c; alt bull. Be; green bulla, 7c J I dry bide. 20c; dry salt hides. I5e; dry calf I (under 7 lbs.),. 25e lb. i -.i.81 li'AR8K. MJKS (Irge. $4 each; I salt horse hide (medium), $$ each; salt how j hide (Small). $2 each. FELTS Dry fin long wool Pelts, J5c: dr , iS,Atrai'l!rl,,B ,oB mnni pelts. $2 t0 25eaci 2560e each; aalt clippers. lStf i. MOHAIR- Wig,1 26c: short 18o lb i JAM-OW AND GREASE No. 1 il,ow. le; i AiAMA BABK New peel. 10 per lb.; oM iw. l ie px io k. -' )- : '". ' I.-: I i Heary Blackberry Cmp t Aberdeen. Wui,, Au. 18. The evergreen wild beri-y eeaeon. one ot Gray Harbor' import tut sidei industries, will open here September 1. 1 be crop, 1tvis repo.rted, will be unusually heavy. Last season 6000 'cases, or 80.000 gallons, of ; evergreen wer canned for export, liuring tlia i canning i period a large number of operative are t employed by local canneries, and hundreds of i packets find employment at good wate in hat : essting th ere p. Th huckleberry season sa now I on Mod report are that th crop ia unusuallr . aasey. ). t Crtop eonditinna are Excellent In tha Condon sectirxi, according to C. Ray Beckley, formerly of th Sheridan-Heck ley company of thia city, now ranching in tha interior. "Wheat conditions are better than had been expected." saya Mr. Beckley. "In th Mayville country 35 bushel yields ar common. . "Livestock is doing well. Sheepmen ar going to hold their wool because they feel that th price j can acaTcely go lovrer." f Fishing Industry j Is Aid to llwaco a . .;. .: f. ' y llwaco and that entire aectloa is in fine shape, accowling to Sylvan Lnirkheimer of Wadhanu Co. ' who made a recent trip to tha Peninsula. "Tha fishing industry haa shown great strides at llwaco." says Mr. Durkhelmer. i -llwaco has s new bank building -and it merchants are pros perous." ; S . 'i ' ( ; .,. i ii . i ' V r AVheat f ailing Does Albany, Ant. IS.- Fall Wheat ia Linn county is. only average, and is not up to expectations of earlier in the year, say C. J. Johns, local man ager of tha Portland j Flouring Mills granaries berei : This statement,", Mr. John says, ia based upon early receipts of wheat from Linn county field at the Albany., Tangent, Tallman and Dever granaries. Spring wheat in Linn county this year will equal the crop ot hut year in toto, Mr. j Johns says. . . -. (''':- j " , ' ji Chleag-o Dairy Prodac Chicago, Aug. 13,-e-U. N. 8. ) Butter Recripts. 617$ tubs.- i Creamery, extra, 54c; .4 .. .l 1. iftd KO 1. . IIAiniZ, Esgs Receipts". 7774 cases. Miscellaneous, 4243.45c; ordinary firsts, 4142Vie; firsta, 43 r 46 Vic: checks, 8V m S 5c; dirties. 38 3c. Cheese Twins, new, 24 24 Vie; daiaifs, 24 Vi 2 5c; Young America. 25 Vi 26c; long horns, 23Vs20c: brick, 2 1 22c. Live Poultry Turkey. 43c; cliicktns, SO 4k 82c: roosters. 36c; apringa, 23c; geese, 20 4V 25e; ducks, 30c. j ; i Jfew Tork Butter and Eg-; ; New Tork, Aug. 13. (I. N.'S.) Market ateady. Creamery, extras, 55 57 Vie; cream e7 flrata. 51fe56c; atata dairy, tuba. 43 54 Vi c. i Cheese Market firm, 27et state, -whole milk special. 28 He; whole milk fancy, -23Vk 20 Vc; Wiwonsin. whole " milk, fancy Toung Anwricst, $ Vi (9 SOc; state, skims, epeciak, ltt'Vs vVltVir; skinn, choice. 15ijlc. Eggs Market firm. nearby 'white, fanck, 89 (u? 70c; nearby brown, Taney. 6O0 63ci extra. 5 57c; firsta, 48 52c. , . Rains Ar Welcome Dayton. AVash., Aug. 13. Rains In Columbia count y the first of the week delayed harvesting operations 24 hour but did the grain no damage. Th rain was Welcomed by fruit-growers and gar ekueraaa well as atockmen, a tt waa badly need ed by them. Th forest firea ware subdued ma Well and aa the woods got awch thorough, soak ing: it is felt there is shj more danger from that menace this year. .. 4 - j .. .? ......... ' ! ' . "''.: ';! -1 - f " " 1 1 "' ' . ; : . ' ' Dried Fralt Aftd Beans ' New Tork. Aug. lr- (I. N. S.) Bean Market steady Marrow, choice. . $11.60;. pea, choice to fancy, 2688et apples, evaporated. 1 tried Fruits Market steady. - Apricots, extra ettoao t fancy, 28fS8e;t'applea evaporated, prime to fancy, 116l8Vtci prunes. 80s to 6ft. 17VsC25ct prunes. . w to 100e.ltH ltKe; peaches, extra choice to fancy, ltva 21 Vc; seeded raisins choice to fancy, S3 Vi v toe. : . j - i ! ' Naral Stores Market Kew Tork, Aug. 13. (L N. S.) Turpen tine Savannah, -ISA r New Tork 170. ; Koain Savannah, 1250; Kew Tork. 1400. w YrK (Potato Market n is? ' A"" 8 1 1 K- B- Potatoes (in; hnlaT, tiarret or baci Market ateady near br jwlute. $3.2a5.00; Southerns, $1,009 Chicago Potato Market imraso, -aat. 13 ii. N ft i iw.t Jteeeipts. 55 car. Wisconsin, Minnesota, las kotaa and Ohios, $2.5 2.85 sackedT FOREIGN BUYING OF WHEAT IS EPECTED N .HOW WHEAT ItrtUD , , , Bid Loss Rise Hard white $tM le - .. raft white ............. J$ -So .. While riqb ............ SJ9 ft .. Hard wlater IjSS ! .. So Korth spriaav sal . . Se Red Walla te KOHTHWKST URAIX RECEIPTS ' . , M " r . Cira ' 1 " i '-' Wheat. Barley. Flour. Oak, flay. Portland.' Frt.. 65 ... !; 4 ; : 1 10 Year ago 2 2 6 , S 8 Season to date.. 1512 30 08 ' 86 . 181 Year ago..... . 66T 87 JIO i DO 212 Taeoma, Thura. . 7 . .. 1 '1 2 Year ago. ..... 12 - 1 3 Kruon to dat.. 24 t IO 125 . 72 Tear ago ' 263 27 ... ; 2S 98 S.wttle, Thura... 4- s ' ... . . . ' 9 Year ago. , SO 1 . 8 18 22 Season to date.. 119 28 ST . . , 247 Year aso...... 133 48 68 , 61 89 Wheat buying: has been resumed in the Kast by England, and while no bust nea has recently passed on tha Coast, activity In the trade la soon expected. : While fractional losses were shown In- th price of wheat at Chicago Friday morning, this wsa more In th nature of a settlement of tk market than any real weakness la the general situation. - i " : Buying of wheat In the : Pacific Nortiwast is not : quit so active. ; rower are showing a fair 'dinposition to sell but few of tha ex porters bare liberal orders on hand. - - ' Soma oata buying ia. reported at Willamette valley point aronnd $50 a ton for feed and gray milling, while whit milling is Worth par halt $1 additional. ' ' ': i Buying of barley ia an a nmlnat basla wUh pricea paid in line With what California stock can b landed her. . Orain bag ansrket ContinUS to show Waskhess bat prices ar little changed., ; : . Ft.OUtt Selling prices, nlh doers Patent, ais.ua; asonuinav ipnnf wnems, tia.svi ttui lsB.ette valley brands. $11.20; local Strsigbt SIU.H0; bakera' local, Sl.uo at io.xj; graoam, ilO.80; whole wheat, $11.05. Price tor city deliveries 10e extra i suburbafl, SOc extra. ; HAY Buying price, neminstt WiUsmett tlmotlij, fancy. 823.00 928.00 per ton; vetchi $22.00; ciieaW, $20.00! atrawj $10.09; Clovei, $22.00; grain. ) 1 SrUlfa, $24.00 ton. UllAIX BACKS Nominal. ; New roo deliv eryt No. 1 Calcutta, 15S10c; Somatic, If Vi 17c in car loU; les smount highen - MiLLSTL'FKS Mill ruu s mill, sacked. $r9.pnseo.oo. - - OATS Par ton,, buying price:' Fd 44S.90 52.00. - ' BAkLEY Buying price? ' Feed, $48.00 61.00; milling, $47.50 02.0; relied baflsy, teUIng price, $57.00 410.00, ; - ; BKED Bu)iug price t . Itcd clover, recleaSed. S5e ptr lb. i - ;-i :;, j .- fl : Merchant Exchange bidst . "-!- ..WHEAT :": ;'!.':.? !:.- '. Bept. ' Oct. - Nov. IlSrU whit ....... i.. 232 232 832 Soft White .,...:... 280 230 - 230 White club 230 230 280 Hard winter 230 ' 230 880 Northern spring ,..;. 231 281 231 Red WsUs Walls, ..... 228 229 228 ; FEED OATS - 1 August. Sept. No. 3 whit, aacka '....5000 4800 B ABLET : H No. 3 blue ...4t0 450 reed .............. .. . . .4850 4600 . . ' CORN !;:: ; " ': ii. . Si. S yeUow ... ...... ..8500 8600 Eastern corn in bulk; '.;.' No. 8. yellow ..,.6400 6330 Quotations on red winter wheat bate been discontinued ea the eaohang. tiny oata will be addad. : '- . i ' 4 j COTtOK PRICES XRRATICl ' '' ! JAPANESE ACARLT BtTERS New Tork. Aug. IS. L H.iB.) AUv buy ing f January contract tot Ja(aanes account was a feature at the opening of the cotton market to day and partly responsible for an initial advance of 8 to 20 points, i Other buying waa attracted by continued wet weather in Use belts, but offer ings from Wall .street' forced i pricea about SO pcinta below the first high levels. s " s . Buying towards the end of the first 20 min utes afotced prices up about S . points trout the basest, i--.;? . . - 1 ' .. : if During th last hour the eotton aaarket Was Irregular but the close waa ateady St feet de Clio of 175 points to an advance of 19 points. a Co., Board High. SOBS S888 2a58 'tj- is. 8165 8042 lxw. Clcee. 2882 2904 2849-' 28 2817 2835 .... 205 S225 3112 3181 29U8 30-15 ' Furnished by Oterbeck , as X Trade building: Month Open. January ...,,,..2910 March .......... 286$ May ........... 2885 July ........... 2 TOO August .......... 3253 October ......... 3145 Im-imber ....... 3030 New York spot market 130 points down with middlings at S760. - j i I POTATOES ALONG uE COAST ' San Francises Market Ban Francisco. AUg. 18.4-(TJ. PJ Pota toesOld, 10c; new. (Hi 8s. i j Onions Yellow. $1.60 sjf 1.15. i 4 J j ' - Field peas, 6c lb. .. , j . f 1 ' Le ftneetet sssr-kst Lo Angeles, Aug. IS. tX N. 8.) Pota toes txical Early and Whits) Rome, fancy No. l. mostlv $1.25 ( 1.60: No. acked. No. 1, $2.50 2.75 J 3.23. , Seattle Market Reattle. Aug. ' IS. (I. Ni 8.) PoUto Kennewick, SVi$i aocal white.it He S, 60 75c lug; Stocktons, $2.U0 DAIRY PRODUCTS 0 THE COAST ... j ; ), .- ... : j . I San Pransl Market '' Han Francisco, Aug, 18. JU. P.) Batter Kxfras, 'OKc i , Kggs Extras, 57 Vie; dirties No. 1, 62 Vi: extra pullets, 40 Vie; undersiaed pullets, 3 7 He. Cljeete California flat fancy. S2Vte. Seattle MaettM ReSttle, Aug. 13. (I. N. ,6.) Eggs Select ranch, D8e. I ' Butter City creamery extras. 56 (9 57c Cheese Oregon Triplets, . 304982c; Tcnutg Americas. 32& .. 3 : Los Anaatea Market . Los Angelaa. Aug. IS. (L N. ,B.) Butter. 63e. i --.'- - , - - - , " r ..:' Eggs Fresh extras. 66 ; tease count, Sle; pullets, A7c; peewees, 81c ' i Live poultry Hens, 23 0 32c; broners, 30 0 S3c;f tryets, S2c. -u, fr -'-:; ; '..-'' 1 'f -'ii. rp:' ' i ew fork Metal! Market New York, Aug. IS. (IL N. 8.) Copper. Steady. Spot to September,! 18 Vi & IS Octo ber, 18 Hr 19 Vi, I " - . . . Iad steady. 6 pot to September. 915. Spelter Firm. Spot to ;6ptemher, 783 0 810; October and November 780 4820. - -"Sew Terk-Tjoadaa SUrer New York. Aug. 18. (ti ti. 8.) Commer cial bar silver was quoted : Domestic, unchanged today at 9 Vac; foreign was sincbaaged today at 5 He. - - m i r. .-, London. Aug. 13. (L Bf. 8.) Bar silver rsa Vid higher today at 59KL ' Mianeapolls-Dnlatlt FlAz ..Duluth. Aug. 18. (L N. .) Flaxseed Beptember. S42; October, 348; November. 346; track, 340 3.47; srriv. $40. . :MinnespoUs, Aug.. 13 Flax, S3T0S3a. ' Ttew Tork Wool s nd Hides ! i New York. Aug. 13. (I. N, 8.) Wool Market weak; domeetie fleece XX. Ohio, 36 0 6;; do pulled scoured basts, 40c t $1.15; do Texas scoured basis, 60e(B$li.80. -. Hides Market quiet: naUv (tears, ST038e; brsadad ateera, . 84 0S7e. . t . i. 8aa Francisco Groin Market r Safe Francisco, Aug. 13.- (U. P.) Barley -Spot feed, per. cental, SS.8S0S.4O; ahippintt. $2.50 02.60. I -7 Ksw fork' Ssifar? and Coffee York, Aug. IS. (TJ. P. Coff. No. 7 Bio, 9 He; No. 4 Santos. 1 5 4 SB 1 a U at. Sugar Weak ; refined 1 weaker; , granulated, $17.10 22.5. m i ' uiawu, ; . - ;v .. ;i . i' :' " 1 1 1 ' I ' '" ; f l';;:' l:J- V r, Saa Francisco Panttry Market San Franciaeo, An. 18. (U. ,P.) Broilers. 35 49 38c; large hens. 25?2$c 1 , 'Kan Fnaaclsco Barley Calls Ran KYau2co. Aug. IS. Barter December, S?4M . S ARMISTICE TALK AIDS STOCK LIST New Tork, Air;. IS. (t. N.' 8.) The stock market . closed strong- today. " 'All tha steel issues were in demand, Cruci ble moving- six points to 133 V. while Bethlehem Steel B rose three points to Tl." i -- . - . " :' i ." United States; Steel rose'lH from the low to 874. and Baldwin advanced three points to 106. The motor shares rose from one to two points. , . - r. Government bonds, unchanged; rail way and other bonds, steady. ; , ' Kew Tork. Au?. 13. (I. N. 8.) An Irregular ton developed after the open Ins with fair activities. Sinclair, was the weakest feature, declining 8V4 to a new low of 88. General Asphalt moved up from 47 to 49, while Stmms'Petfoleum sold at a new low of 9. - There' waa s better, feeling to tha atock mar ket after the first few minutes ' based on th cables thst an armistice conference has been ar ranged. This waa followed by buying alt through the lLt. eausint edvance raneibg from frac tions to oer a point. -.- -V. 8. Bteel. after seDtng at 88 Vi, moved up to S1, and Baldwin, which sold dowa to 1034, advanced to 1054. The petroleum atocka moved in the same way, Mexican Pe troleum making gain ot 2 polnta to 156. .'.Kelly-Springfield Tire' advanced - 3 points tO 78. - " 'I-,',.-.' ' '- !. - " The railroad share took part in the general advance. Beading making S tain of to 88. Another, bnving movement developed in the afternoon, carrying price tor the leading Issue to new high figures for the day. k Trading, how ever, was extremely small in ohune. ;. l B. Steel moved up to 87, against 88 Vi early In the day, and Baldwin, which had sold St 103 4, advanced, to 108 H. Many of the railrosd stocks mad moderate advance. ADD N Y TALK , : ; KTAOINaool famished by Oterbeck -at Cook Co., Board or Trade bullying: DfeSORIPTION AUika Gold riON; n Pi Am. Am. Am. Am. Am, Am. A11U Chalmers Alloy Steel Am. Agr. Chem, Am. Beet Sugar . Am. Can. c . , . Am. Car Fdy. Am. Cotton Uil .. Am. Hide aV Leth., Am. Int'L Cor. ... Am. Linseed, a'.... Am. Loco., e. . .. Am.- Ship Ji Com. . Am. flmelter. . e . . Bteei Fdy. ... Sugar, o . .... Sumatra Tob . Tel. & Tel... Woolen, c. . . Zinc ....... Anaconda Mining. . Atchison, c Baldwin Loco., c . . B. V O., c Bethlehem Steel. B. Brook, -t- Bap. Tran. Butte Ac Sup . . Canadian Pacific . . Central Leather, e . Che. eV Ohio.'. . Chgo., Mil. & S. P. . Chgo. - it N. W.. . Phil Copper . . . . Chino Copper . , , Colo. Fuel A Iron. . Com Products, c . . Crucible Steel e . . Cuban Cane Sugar. D. aV tt. G-, . . . . Krfe, e Reneral Cigars, . , . neneral Klcctricf.. t General Motors . . . Ot. Northern Ore. Ot Northern Ry. . Green Cananea... Oulf States Steel, Illinois' Central,,.,. Indus.- Alcohol . , . . Ins. Copper...... Int. r Paper. Int. Harvester . Int. Mer. Marine, c Int. Nickel. ,.. K, C. Southern, e. 1 jckswanna Steel -. Lehigh Valley Mex. Petroleum . . . Miami Copper. .... Mid rale Stand. . . . . Mo. Pacific, a.... Nevada Cona.,,.., New Haven .,,,,, N. Y. Air Brake. . . N. Y. Centra). . ... Northern Pacific. . Pure Oil, . Pan Am. Pete, c. Penn. Railway. . . . Pittsburg Coal, c . P. Steel Car, e... Pullman ......... Ray Cod. Copper.. Ry. Steel Springs. . Beading, e ..... . Roval rrateh . . . i . Rep. Iron & Steel, c Bock Island, c . . . Sinclair Cona. . . Sloss Sheffield . . Southern ' Psciflc: Southern By., c.". Studebsker, c Shell .- St, L. 8. T.. Tenn. . Copper . 1 . Texaa Oil ...... Texaa Pacific , . Trans. Oil .... . . TT. S. Rubber, e. . V. S. Steel, c. . Ptah Copper .... Vanadium Steel . . V. Chemical, e. Wabash ........ West.: Electric . . . Willys .Overland 304 Open I High rvti 2w Vi 7H . 83 H? 184 Vi 25 Vi II' 70 Vi 85 ' 3 20 1134 81 Vi 05 76H 114 52 Vi 80 Vi 104 Vi 84 VI 70Vi 10 17 118 r.2Vi 54 H 324 70 i 2S V 87 128 88 44 12 Vi 21 Vi 31 V4 73 25 , 47 . 8? 124 23 H 10 H 18 67 Vi 134 18 89 83 10Vi 82 73 37 i SOVi 40 B8Vi 5 111 Vi 144 34 1364 26 V 74 68 Vi t 20 t 3Vs 1134 83 5 79 12V4 624 814 10 33 Vi 73 V 10 Iff, 1181 58 70 "28 i 88 i 134 , 38 Vi - 5 22 31 T3 25 : 47 -1. 84 St 4 T8 ; 125. . 2S. 20 Vi 18 67 Vi 164 804 23 Vi 10 savt 72 Vi 74 874 83 40 68 Vi 06 111 Vi 14 V 88 "76i 82 Vi 34 27H srvi 73 Vs 81 4 82 V 27 63HI flOVil 91 4 26i.t 29 Vi 8241 634 48 Vi 44 Vi 824 IO r 844 RBVt 80 85 , 85 - S '! iW 484 244 OVl 4SVi 84 IOH R54 874 60 j 67V4 68 , 8 ' - 29 Vi SOVi 40 TT T7 7T' 77 82 Vi 34 184 Vi 138 25 2dVt ..... 13 70 H 72 Vi 64 Vi HNVi 05 3 20 Vi 20 H 644 35 334 115 H 1154 81 Vi 83 54 93 7H 78Vi 11 I2V4 32 Hi 524 80Vif 804 1034 108V4 84 V4 354 70 Vi 734 8 17H 18Vi 116 lis: 62 " 58 54 VI 55 324 324 70 6!V4 . .... 14 Vi 25 Vi 26- 81 87 884 128 133 Vi 374 87 Vi 44 f4H . 12Vi l2Vi ..!.! i3 21 22 31 Vi 81 72 72 25 24 Vi 47 -47 83 83 Vi SI 81 Vi 48H 48Vi 75 77 Vi 1244 1244 23 Vi 25 10 104 17 17 87 87 . . . . . 44 " 154 156 18 18 80 39 24 25 10 ' 10 824 88 92 70 71V4 73 73 S7 37 80 82 40 40 57 58 95 95 111 111 ... 14 14 Vi ..... 92 87 R7 75 75 1 82 : 82 33 ! 26 284 1 458 fit I 90 J 91 H, 28 H 1 27 62) U .47 47 2 -. 24 9 - 9 Vi 44 ) 45 824 83 10 10 84 '86 86 Vi S7 60 80 65 86 65 83 ..8.. 4? 18 16 "Totel'asles. stock. 87R.800 shases. Total aalrs. bonds, $7,442,000, () Kx-div. pet cenL Xevr Tork Bond " (Furnished by OTerbeck St or Trade building. 1 i Atchfa-on Oeneral, 4S ....... . Bal. Ohio Gold, 4a... U... Beth. Steel Bef., B. ...... . Cent. Pacific, lit 4...i.... C, B. A Q. Col., 4......,. St. Paul Oenl., 4 a........ Chicago I. W. Rent, 4s. J . , . L. At N. tini., 4s . . . .'. . -... New. York Ry., 6a, ......... Northern Pacific P. L., 4.... Reading OenL,. 4 .......... I'nion Pacific. 1st 4s. I). R. Steel, Ss ........... Vnion PsC. 1st Bef. 6S. . . . . . Southern Pac. Conv. 3s... i.. South.-Pac Conv 4s... South. Pac. Conv. 4. ...... . Penna. lat 4 t . ; . . , . i . Ches. to Ohio Coo. -5. . , . Market Cook Co.. . 70 U . 60 . 7T . 60 . 93 . 71 . 71 . 71 . 20 j . 74 . 78 : . SOVi , . 92 ' . 73 ' aa .,.!: . 74 . 74 , , 75 f:. 78 . . ' " f Foreign Bond Market ; FurMMbed by Overbeck A Cooke Co., of Trad building. M . . .v Bid. A. r. 5s. Oct 1020.-i ..4...., 99V4 , IT. K. 5, Nee. 1921.;.....r 9 Rep. Franc 5. 1931. ....... 72 Paris 6s, Oct 1921.... 91 Russia Extn 5a, 192i;..... 25 Russian Intl. 5s. 1926...... SO Dam. 6s, Apr. 1921 . ....... 87 Pom.. 5s, Apr. 1931. ....... . 86 . Dom. 5s, Apr. 1826 . 88 ' Dom. Canada Bs. 1837.. 4 -. V. K. 6a, 193T.1... 81 ' '3-""; 4-..-- - '.- Liberty Bond Sales ' (Furnished by Overbeck aV Cooke C4s) . Open. High. Low. . Lfb'krty, 8 I i . , . 9032 f. 9052 9028 Liberty," 1st 4s... . . : . s . ; .1 . Liberty, Sd 4 8422 '. 8422 84 IO Liberty. lst4S. 830S 8508 .-S480 T.iKetV:' M 111 ' 8444 8444 8422 , Liberty, Sd 4 a. S836 1 - 8836 8800 Liberty, 4th 4 s. ' 8490 ;' 8490 '- 8480 Victory, 4s..i.. 9562' 9663 1 9562. Victory, 3 s....-9362 - 9562 ; S552 Board 70 80. 79 70 984 .72 Tli 21 -74 T9 '81 :s , 74 . 98 75 75 ITS 76, Board Ask. 99 98, 74 n 33 ' 97 87 .... S9 86 -87 9030 ; S4T0 -8412 -4t6 i 8480 ' S884T i84T4; 8554 0454 Fereit Exehanre Bteady- New ToTk. Aug. IS--- IV. P.) Foreign ex change waa steady si the evening of the market today. Demand sterling opened st 43.62. up ,. Franfls wr-O730. up .oooar Br .V4VB. off .0007. end marks .0312, unchanged.' Can adian demand opened at .8865. The market continued steady until the efese. Closing quotations jrer:, IemaAd aterlmg, SS.63 4, up 1 : ' franca, .0724; lire, ,0302; Canadian dollars, .8810. ) ... Money aad Excbansre' '".-.y '. New Tork, -Aug. IS. (L If.- 81 Call money . on th floor of the New - York atock ex change today ruled kt 7 per cent; high, 7 per cent: low, 6 per cent..' . Time, money was firm. Bate, were 8 09 per cent.- The market for prime mercantile - paper was-' stewdy. - Sterling exenanc was ataaoy. wirn ousaneaa la Davaaefs' bills at $3. lor HOGS LOWER ON FRIDAY THE 13TH TOP H0O PRICKS Portland ...........lO0e lower, I1S.88 Chleairo ...........ti 8Se hlg-her, 1J.8J Omaha ....tea hither, IIS Denver ............... .... teady, 1S.SS Kansas City .......l$ll hlrher, 15.4S . .' - "pobtland""i.ivkstock rd 1 ' . Hog. Ccttle. csives. aoeep. Trlday 17S Week ago .. 884 Two weeks ago ... 260 Four weeks ago ,-. '200 V s ear sgo ........ Two years ago . , . . 89 S Three years ago . . 272 1 Four year age .... 1688 " 41 2T 83 86 -Noai 82T 449 188 - 12 . IK 14 a 283 4S7 S78 670 860 1019 854 - It was a hoodoo day In .the hosr alleys Friday the thirteenth. Cattle were steady, while sheep were depressed. Run for the day in all alleys was eight cars. Friday the thirteenth proved an unlucky day for hoe ahinnera to North Portland. Deapit the very limited run of 176 head, th market waa depressed. JCarly sale in th swine alleys wars around 26 $s$5e below - th previous fig ores with $18.00 the extreme top for th SeSSlon. ..::;r-:.-,y,f:;:.,.Ar.,:.1yi, ..,:!.?'..4,;;..:,::-'i,i-5;..j. -i Oeneral hog market rang: ' " Prime mixed .,......,... .81T.T5 0 18.00 Medium mixed .............. 17.OO01T.7S Rough heavy ..,12.00 14.00 Smooth heavy 14.0018.0 Piga ...i. IS.00016.00 ' ' Oattle Aaeut Stsedy . ry-:?-r ' Friday - trade in the North . Portland eattle alleys eras ateady . with only a . eery - sraaU ruu reported- Tops were absent and trade waa shown . within the foVmer price limit. General cattle Tang: Choice grass steer ....... r..$ Good to eboics steersj ....... ; Medium to land steers ....... Fair to good steers .......... Common to fair steers ....... Choice cows snd heifers ...... flood to choice cows and heifer. Medium to good cow and heiiera, fanners .................. Buiis .;...... Choice dairy eattla .......... Heavy calves Best heht calves Best feeders . ... , .. ...a,. Fsir to good feeder steals. . . . . . Fsir to good ....,,,....,,.. ' Lemk Trace Slew Trad in the North Portland 'lamb market was slow Friday with enly a fair run for the day. Mutton, was about ateady and no general change waa mads in valuta. General sheep snd lamb ranges Fast of mountain lambs ......$ 9.50 010 00 Valley lambs .......... r 9.00 0 9.50 Cull lambs ................ 6.00 (a) 7.00 Yearling 6.OO0 t.OO Wethara i 6.00 0 8.60 Ewes ........- 2.23 6.0O Thursday Aftsmeen Salts STEEftS Nr. A, lbs. Price I No. ' A, lbs. Price 13... .1186 8 9.10 ' 87. . .. 034 8 8.65 11 ... , 087 , 6.80 18... .1060 6.23 11... .1004 T.25 - 8. . . .1063 9.00 24, ...1108 10.23 7.... 660 7.50 a!... 710 6.00 9.00 010.00 8.00 0 V.UU T.00 0 6 50 0 5.00 0 7.00 6.00 0 . , a -8.00 0 4.00 S.00 0 6.00 18.00013,00 7.00 0.00 11.6O01S.OO T.00 0 7.60 , 6.00 0 7.00 6.70 0 7.23 8.50 7.00 S.60 7.60 7.oo 6.00 . ...1103 2.... 800 3.... 990 X.... 110 4. ..; 55. . . . .7.,.. 12 18.... 6 Ha 15.,.. 23.... 21.... 83.... 11. . 16. . . , 9.1,.. 8. . .. 14., 15.. 19.. 1.. 830, 28,, 13.. COWS $5.75 I 6. 6.00 5 . 5.50 J ' S. CALVES 816.50 . BULLS 1550 $ 5.25 20. . , ? HOGS $18.00 18.25 17.75 ... T78 . . .1042 ...1173 $ 6.50 -6.00 5 60 783.8 6.50 282 too 177 194 192 208 440 89 74 , 88 SO 87 86 72 72 1410 - 73 85 '58 77 160 , 77 es 87 17.73 17.73 17.75 15.00 . . LAMBS 6. 1. 1. 1 . 15. 8. . .. 3-24 . li . . . . ISO . 232 ... 234 ...187 $18.25 18.75 15.73 15.75 18.06 18.0 6.25 4...: 77 3 9.00 9.00 81..., 62 . 8.00 ft.00 SI. . .i 72 8.410 9.50 0. ... 61 ' ' 7.0t 9.O0 16.... 4 -6.26 B.0O 4. . .. . 67 '. 6.23 9.00 7.... 62 . 8.23 0.K5 1 . . . 128 8.U0 9.00 4.... 4T 8.23 U.25 41 9.UO 9.O0 2.... 80 4J.O0 3.30 42.... 88 6.110 8.23 8.... 83 - 9 00 4.00 IS.,,. 74 6.73 8.60 9.... 77 7.00 9.00 81 . . . 82 W.VO 126 4. 10O 1...., 120 8... . 100 4is S3 ... IS... No. At. S.... a.... l a.... l.... l 9.00 I . JEWE3 . 8 4.25 (V 1 . YEARLINGS $ 6.50 2..;. 110 $ 6.SO 6.50 j 6.... 141 6.U0 8.50 j 38.... 95 6.50 5.50 1 . . MIXED :.''.. 147 $ 4.00 I . 2..:. 130 $ 4.00 118 4.00 t BUCKS 200 $3.00 1.... 120 $ 6.00 Friday Morning Ssls ' -HOGS No. At. Lbs. 1.H0 1..., 7 .at.;.. aa. Lbs. Price. 180 $18.00 1 2. 286 . 18.O0 1 S., .. 883 80 15.30 . 2. ... 285 603 14.00 2. ... jl40 196 18.00 2.... 200 118- 15.34 I :. - STEERS 610 $ 6.50 I l.i..H74 897 6.60 I 10., 626 ,108a1 0.00 ,t 1.,.. 000 . COWS . 711.8 6.60 BULLS .1840 8 4.50 1 - . , LAMBS 60 $ 7.00 Price, $18.00 17.76 15.60 17.60 18.00 T.80 6.60 8.00 6.... 81 $ 8.50 r AMERICA LIVESTOCK PRICES Chicago Hess S16-SS Chicago, Aug. 13. (L N. S.) Hog Pe eeipte, 12,000 25 083e higher. Bulk. 814.26 015.25; tope, $15.85; heavyweight, $14,500 15.75; medium weight, $15.00 0 15.85; light--Weight, $14.90 013.66; light lights, $14,900 18.65; heavy packing sows, smooth, $14,100 14.40; parking sows, rough, $13.76 014.10; pigs, $14.00 015.25. Cattle Receipt.. 4000; atcer. ateady Snd strong; butcher cattle and calves, slow, 23e lower. Beef ateera, medium and heavyweight, $16,25 0 17.50; medium and good, $12.50016.26; light weight, $14.76017.25; common and medium, $9,00 0 14.25; butcher cattle he Hers, $8,00 0 15.60; cows. $5.00 0 12.50; bulks, $6,60 0 ll.TS; cannera and cutters, cows and heifers, $4,00 0 8.25 f vesl eslvea, lhtht and handyweight, tUAasiUS. f!l . ,b It lUkl'l .It. rtockeg steers, $3.60010.7$; stockar cows Snai iteiicrs, sa.wo0B.uu. ' Sneep Receipts. 8000; genefallv : steads. Larabs.,84 lbs. down, $lo.T8 0 18.60; lsmbs. suit-; and ' eommon. $7.00 010.75; yearling wetners, ts,uvei.wi . era, se.vvoyx.73: ewes, culls snd corns, 82,60 06,60; breed ing ewes, $6.00 011.00; feeder at m be, $10,75 0 18.80. ":'.::, : "i .'' ' -';'- Omaha. twva SISS'. .' "'".-" Omaha. Aug. 18. (L Jf. 8. 1 -Hogs Re ceipt, 6000 ; opened, to shippers snd traders felly 2 Be higher.. Early top, $15.2$; packers holding off! ouahty fair; good average Cost yes terday.. $14.00.- .- ' v.-:: '.-L: - ,, Cattle Receipts, 2000. ii - i-f,,.'1 "A .-i.f "i -' r 1 Sheep Receipts, 6000. 1 - i .J -? , Kanaa 4Brlr Ho . vxf ' Xansas City. Aug. 1$. (L N. S.) Cattle rteceipu, zouu; ateaoy n idc tower.- btaera. $9.00 016.00: cows, $8.00 0 11.50; - stacker end feeders, .$8.000 1S.69;. eslves, $9,000 18.60. . ..- . - Hogs Receipts, 1500 ; 100 15c up. Bulk. 814.60015.20; tops, $15.40; beavie, $14.50 015.10; lights; $15.00 015.40; . mediums. $14.90 015,30. -Sheep Receipts.' 15000; steady. Lambs. - ' . ' Oensee Hogs Si8.O0 : . Denver. Aug. IS. (U. P.l Cattle Be ceipts S00; slow, weak. Steers, $7.00X11.50: cows and heifers. $6.00 0(1.50; atockera and feeders, $5.60 0 S.50 r calraav $7.50 0 11. 00. - Hoes Receipts. 800; ateady.. Top, $16.00; bulk. $14.75 0 15.40.i - w-.; - ', ..r.-'v-.-j, . - fiheep Receipts 7100; '2 5e lower. Lamb. $11.60 012 00; ewes, $6.00 06.50; feeder aambs, $10.00 0 10.75. Seattle Hoe 1 s.V T v, 1: " Seaxtle, Aug. tS. (1. N. .S.) Ho Ba Cfcipt l$6: ateady. . Prime' tiaht. lift.93s 18.75; to edium to choice, 8 If. 00 18 00; rough nesTiea, cio.ou si-3 purs, 1.S04 lS.Ott. Cattle BeeNtlpte. 204 1 weak, ' Prime ateera. $10.60011.08; , medium -to choice, $9,000 10.00;. common ta rood, $7.0008.60; beat cews nd. heifers, 8T.85 0T.T9; medium to choice, $5.5006.50; common to good, $4,500 5.60; bulls. $5. OA 0 6.00. .-. . , Sheep Raeeipta. ' steady. - Yeevtinan, $6.30 0 7.00: awe. It.onf t.dO; valley lambs. $6.0009.60; wether. $5.60 (J.00. E CHARGES AROUS FINANCIAL CIRCLES "Comptroller ot the currency John Skelton Williams has created a disturbance in - financial , circles by nla charges that th $sew Tork banks, have been exacting excessive interest, which, of course, the bank ers have t promptly denied," aays Walter B. Brown, editor of the New York CommerciaL The merits of the : contrtiverBy, if how ever, are rather overifhadowed by the larg-e controversy between th two groups of Washington" officials, who have been at odds for some ; time as .to the better' method of restorinie th financial equilibrium-, i Governor Harding' of . the federal "re serve board and his colleaSTues tnereon have adopted the . policy of a curtail ment of credit for non-essentials, for the purpose of causing; a liquidation Of Commodities, and bringing: prices down to something like a normal basis. The other group. - as represented by John Skelton Williams, takes the ground that Interest can be reduced, capital made easiry obtainable and production stimu lated to meet the demand. - - "It is easy enough to declare" that capital should be made cheap and easily obtainable, but the point is, where is It to come from? Interest rates are high now because- the demand is greater than the supply, for money Is a com modity Just like everything; else. If bankers have charged. high interest rates it has been because the supply of money offering- at the time was not equal to th demand, for borrowers would not pay more in one place for money than they could get it for in another." .,; y;:v. ' ' i ' a m n . l-'ij-v Reasons Given for ' The Present Slump When the market started 'on the pres ent decline many close observers were strongly inclined to attribute It to the professional bears, but when new lows were established in shares supposed to be sponsored by houses credited with Morgan; and Standard oil affiliations. It become apparent that In-this' other than those dominated : solely . by a desire to make a profit on the short side have been selling stocks. The same kind of Selling : that ' . was . apparent ' when the banks inaugurated their credit restric tion plan early in the - year haft been resumed by corporations and this time Is not confined to the smaller merchants and manufacturers, : but appears to In elude both. the large and small concerns. This selling to raise funds for carrying on business, it ! was stated, -' Another source of selling Is from small investors -who are changing into bonds. - . SHORT-TERJt 3f OTE8 . Quotations Fnrnihed by CLARK. KENDALL A CO., INC. Security. i Maturity, i, BitL Am. Cot'n Oii 6.... 0. 2,1924 89 H Am. T. at T. 8a.t ..,10. 1,1922 : 93 Am. T. T. 6s..,.. 2, 1,1924 2 Am. Thread 8a..... 12, 1.1028 92. Am. Tob. 7a ,..,l,11. 1.1920 90 H Am. Tob. 7a ,,,...11. 1.1821' 994 Am. Tob. 7a.,.. ...11, 1.1022 99 i Am. Tob. 7a , ill. 1,1928 99 Anglo Am. OU 7H. 4. 1.1923 Armour Oor. 7s... 7,15.1980 96 Belgian Cot. 7Hs... 8. 1,1945 074 Belgian Oov. 6a. . . . . 1, 1,1921: 98 Belgian Cot. 6a..,., 1, 1,1925 90 ' Bethl'm Steel 7a. .,. 7,18,1923 98 Bethl'm Steel 7.... 7,15,1023 07 U British Oov. 5Hs,.ll, 1,1921 98, BriUsh Got. $Hs.,ll. 1,1922 90 Vi Canadian Cot, 6Ha. 8. 1,1921 97 Canadian Got. 6a. 8, 1.1929 85 Cud shy Pack's 7a.', 7.15.1923 97 Inter. R. T. 7s. . . . . 9. 1.1921 60- Japanese Gov. 4 Ha. 7.10,1925 70 Vi Kennecott Cop. s. . 2. 1.1930 91 Vi Lies. Myera Tob. 6a. 12., 1,1921 97 V Molina Plow 7a,.. 9.. 1.1920 99 Molina Plow 7a .... 9. 4,1921 98 Moline Plow 7a.,.. 9. 1.JJ23 J , ' Molina Plow 7a.,.. . M2? 98 Vi. Moline Plow Ts .. . .1.1924 - 9T N. P. Eap. Tr. 7s j. 6.15.1922 100 Pt Oas IClsc 7a. 4,; .!." Swift 6a 8.16.1921 97 H PACIFIC COAST BANK STATEMENT . Pertlana) Bank Clearings - - This Wek ' Tear Ago. Monday .vTTs 6.741.818.64 $ 7,828,428.14 Tuesday ... 4,985,160.77 5.083.033.80 Wednesday.. 6.720,431.98 8.190.597.61 Thursday .... 6.500.887.78 7,654,472.42 FridaV ..... 6,291.667.26 6.271.727.10 Spokane Banks -Clesrings Friday ........... 8 S.'"'"' lisUnces Friday 815,229.00 tattle Bank Clearings mday ............ 8 J'2, Bslancea rriday 1.714.089.82 TaeefflS Banks : .-... Clearing Pridsy 22'5!1 5 Balances Pridsy ........... ' T6.948.00 ..v. San Francisco Bankt Clearing Friday , ... . . ...... 825,800,000.00 Lo Anosl Banks ' Clearings Friday .......... $18,017,181.00 Asked. 90 -94H 92 Vi 95 100 H 100 Vi . 99H 99, 94 96 Vi 97 V 98 H 92 98 Vi 97H 96Vi 904 97 85 H : 974 65 71 92 Vi 97 10O 99 Vi 98 Vs 98 08 tt 101 97 97 INVESTORS FOUND !-') Leases Now arid in the 'Future DO- you know how much rent , you stiould ask when the present leise expiresf Will you know, or lust cuess At the amount? Let 'us solve this 'Ques tion for you.' wstii2 u s ulaaa3iiiwis Q""" W t,CtatTV bimOwQ y owaw" gtoekv Boads, cTotlom, Orala. Ktav .816-811 Bear f Trade HaUaisg . OYerbeck&GookeGo. DIRECT PRIVATE WIRES TO ALL EXCHANGES , stssaMrs Caleag Hoard f Trade " - - ' :: -; . - - ,,; ? ...- i Correapondaats t" Logan , Bryas -.:.., Caicag " ..'.( Jiew-wf ,-: UNAFRAID ON MART By Broadan AVall" New York. Aug. 1 3, -Prof esslonal Wall street thought Thursday .morn Ing that French recognition' of Gen eral Wrangel would frighten, invest ors, and so they sold in anticipation, of another break, -But it seemed that the investors ar fright proorand the professionals quickly began taking their stock hack.i The jmarket held steady after that up: to th close; with some material net gains re corded at the end of the day. ; Money . renewed and loaned- at 7 per cent most of th day, but closed at 8. Publication of th' IlrltlBh import and export flgurea for the month of July showed thst trade Is turning in favor of England at a tremendous rate at the same time that, it is turning strongly against the United States, i For Instance. Imports into England In July of this year were only 8, lib, you pounds in excess of exports, whereaa in July of lust year tlio excess waa it,o?,0oo pounds. llna in all the more significant been u Be it is not in money alone that the tide hss turned, but in tonnage. Both dollars and ton nage have turned against the United Htates. This traUe snrft in both- couu trlea ia the direct result ot the different financial pontics pursued by tie" go v rnmeiits of the countries. England nas promoted foreign" trade while the Ameri can government has blocked 1U . FOHE1UN liXCllANOK HATES Corracted- -daily by foreign txchang depart ment ot Aha Vmted dtate .National bank. Waning nominal iUm for baua trauaactlona: ' .- iiraft t'abie - I'ar , ' Checaa. 1'raa.ura. Vaiue. London Pounds ' aeriing ...$ 8.62 H 8.8.63V4 $ 4.8605 Pari. krancs.. 7.1s 7.1U 1W.J0 liambnrg-Brlin . , Asersa .... 2.18 2.1 28.81 Oaiiua Ur. , .irf a.UJ lu.0 Coiienliagen .. aironai.... 15.00 15.05 20.70 Chrwitiania Kroner. ... 15.00 15.03 26.78 8rw?rr.. 20.00 20.55 26.70 ttonskuns v Curreiicy .. T6.73 77.25 ..... Japan ka... 61.60 61.15 4..B4 tihanghat iia . ... 1.08 tt 1.09 tt . ... Of all the European capitals London has the best health record. r$ 19,000 Tax Exempt General Obligation 11 w a Idaho mmj Buhl tndepentlent School District No. 3 .Funding 6 Bond . . Yielding o - . Dated June 1, 1919. . Dud serially June J, 1933-39. Denomlnatlon ltOOO. Price too, yield 6. Principal i and seml-innual interest payable In New York or t j Morris Brothers. Inc. Property Valued-at $10,000,000 Secure These Bonds The district embraces 23,000 acres pf Idaho's richest land, practically all under cultivation. " " Telephon or. Telegreph Orders at Our Expense MORRIS BROTHERS, Inc. ' '-"T ' The Premier Wnnlclpnl Bond Honae ' Between . '' Kstabllsbed Quarter of a Centnry Telephone Sth and 6th '! Worrls Bldar 809.11 Stark fU Hroadwny tttreejts Capital One MUlIoa Hollar. 8141 m M j ,. fakNK. W? .offer the unsold balance '"of our allotment in - Province of British Columbia, Canada ,5) year 6 Gnld Bonds j Due July 27th. 1925 " ;at 92.85 and interest To Yield 74 Per Cent r Denominations 5oo-ioob I . ' ! Principal snd - semi-annual interest payable t in United States Gold Coin" in New York City. BRITISH COLUMBIA is the third larfest Province In the Dominion. In natural resources It Is probably the richest of . any of the Canadian - Provinces. Its seaports a( e the on!y outlets on the Pacific Ocean for the entire Dominion of Canada. .... "... . ..... . i'.". V, . .... -, ...... We "recommend these bonds for investment BOND DEPARTMENT L add 6? Tilton Bank t Oldest in the Northwest Washinsrtou and . , - Thirl Street imnni mm m rrfrrr' .....-........ .-.,. ,'-.- One of the Continent's Greatest Railroad i brminals Is In Manitoba- 1 because this ! eat agricultural . province-1 one of the oldest in Canadar-is one of the heaviest-shippers of wheat withinth Dominibn. V .. j ' ";'..., 1 ; .Vi',.. I .-.-; :... : '" X ' Every acre in the Province - ' j is security for its S-Vear 6 Gold Bonds j?- i : P " Province of 'MANITOBA - ' : Price 92.86 - ,! 7.75 Call or order by phone, wire or letter. 4 L 1 7 UniarSporNUi I I " . I . . -I l.-TVrfXV, 1 T f Uadtv f sporNUiorc O rcon SUU Cxakin DcpuiM:cL BONDS TRUSTS -ACCEPTAriCES u ' 1 Lumbermen Did sr. " .r . 1 t '" i -