SATURDAY. AUGUST 21, 1020.
10
ENGLAND AND GERMANY REPORTED BUYING AMERICAN WHEAT
Edited by
lljrman H. Cobeo
R. R. FINANCING HEL PS STOCKS
Edited by
.'ill r. Ucsslan
THE "QKECrON DAILY JOURNAL, PORTLAND. OREGON
BUTTER MARKET IS
EXPECTED TO RISE
BUTTER TO BISE '
Batter will be advanced S " eesti a
posnd Monday morning. A similar ad
yanee will be made In bsttertat.
Butter offering rom country cream
erlea are comparatively limited at the
moment. It appears as if the production
In various sections subsided at the same
.ime. - -' ;. - -'
Market for butter . it naturally boing a
ttrongsr tone in eooseauence of the mote limited
offerings. . All that ha kept the trade back
hare is the fact that Eaateru value bad not
moved ap materially.
In any event foreeaaU are being freely made
that ' price will rite bete early in toe coming
eek. : : - ' '
Buyers are looking for country' creamery
sirbes, bat tilt re ts little stock in eight.
California markete continue to show a healthy
demand and tone, with prieea still eomewbat
Itigber than these is effect here..
Those ' desiring special inf ormetlon regarding
any market, should writ the Market Editor,
Oregon Journal, encloainc stamp for reply, r
CHICKEN MABKKT XJOE8 BETTEB
At the . weekend the Front street trade showed
tn improved demand all through the chicken
trade. Heavy hens were generally quoted it 28
but a few lots were sold abov. this. Light fowls
bom 18o to 20c per pound. v , , .!.;
EGO MARKET IS MAHKISO TIME
Local in market continues to mark time with
no chants In quotation practically the entire
week. Most of the business continues in short
held storage because ot the poor quality of cur
rent arrivals. . -.
ATPLE TRADE IS MOKE ACTITE
- Wore activity is showing in the market for
apples here. Prices are reflecting no change and
the bulk of the demand i in stock that sells at
11.25 per box. - Cravenateuu will soon be offer
ing from the local territory. : . j
SMALL TRADING SHOWX IN WOOL
Very limited trading is allowing ia the wool
market at eastern centers and the local market
is almost stagnant. Manufacturer, appear to be
purchasing email lota here and there. ;-. Prieea
rale nominal.
CANTALOUPE MARKET IMPROVES
, Cantaloupe market ia showing improvement aa
a remit of the determination of California in
terest not to ship at prevailing figures. . The
market ia UU glutted with old stock; some of
which ia selling very low. :
BRIEF NOTES OF PBODCCE TRADE
: Both veal and hogs quoted steady around for
mer pneea.
rotato trade Is quiet with prices weaker.
Tomatoes a's about steady at 75e ta $1.00
a box. , . !
, Peaches are firmer, and higher at $2.00
2.25 generally. i ( ,-
' flma.ll holdings of late oranges reported la
California.
WEATHER NOTICE FOR SHIPPERS
Weather bureau advises: Protect shipments
during the next 86 hours against the following
maximum temperatures: Going north, 78 de
grees; northeast over the Spokane, Portland A
Seattle railway, 86 'degrees: east' to Baker. 88
decrees, end south to Ashland, 04 degrees. Maxi
mum temperature at Portland Sorday, about 88
degrees. '
New Tors. Batter and Eggs ;
New York. Aus. 21. (I. -N. S.) Butter:
Market, firm. Creamwv, extras, 66."8Hc;
firsts, Dl H A 50 Vic: higher soring. 56tt
60: state dairy tub.' 45 56c. .
Ket Market, firm; nearby white, fancy,
7f(ap72e: brown, fancy, 60 65c; extra, 66
68c; firsts, 60958c.
Chicago Dairy Prodnee
Chicago. Aug. 21. L N. 8.) Butter
Becerpta, 11,689; steady. :
Eggs -Beeeipta, 8804 cases: stesdy.- .1
Cheese Twins, new, 24 tt g 25c; Dai-lee,
1 23 25 He: Young Americas, 25M26c;
. Long Uoms. 23 tt 26c; brick, 28c.
Live PmuHry-r Turkeys, 45c; chickens, 29c;
rooster. 84 Vac; springs, 24c; geese, 22 25c:
ducas, 82c. !
Chicago Potato Market -
' Chicago. Aug. 21. (I. N. S.) Potatoes
Receipts, 65 cars. Jersey Cobblers. $2,75 0
2.80. .
Veal, Hogs and Poultry
Will bring top prices when shipped to us,
Ask Your Neighbors About TJs. '
Writ for Quotations and Tas; !
BOLLAM & CO.
ISS FRONT ST. PORTLAND, OR.
HIDES, PELTS.WOOL
' Ca tears. Bark, Metals, Bibbers
Writ tor prloaa and shipping tag-
L. SHANK &; CO.
tit Frost Street, Portland, Oregon
ARK SHIPMKNTS
TO
. . row:
aiaHCST rmoca
prompt av
Write for Prieea '
C8XPAX7
DAIRY aUTTTsft
0RS.AM COOS
POrrrVANO. Oft.
Ship as or write for prices on Eggs,
Veal, Hogs, Potatoes, etc. Let us
quote you prices for f roceries. Call
or send as i list of what you want
We can save you money.
QRIEN VAN SCHOONHOYEN
193.195 2nd. Cor. Taylor. Portland
CASCARA BARK
- Ship to us and receive
THE HIGHEST PRICE
We want all you bava
Writ for tags and prieea.
SCLLITAN HIDE WOOL CO.
144 Front St. Portland. Or.
WB WANT YOUR . .
Veal, H o g s, Poultry
aaas. brcssco hoes, cascara
sVARK, MOHAIR, WOOL. CTO.
. WRITS US FOR PRICES
GULLICKSON & CO.
fcit.bled imlr 10 rrent et, Pef i. Of.
ISSUE 51
WRITE FOR SHIPPING TAGS
We Get Ton PrV
SMIf. US yon, Hon. Chickens, veal, Potatoi other Svr!? t '
producta the year around. uuucs w hate a market for your
HOOS Uarket wontuues firm and staff h In demand.' ' Sales at is. . 1 , - .
!ndUnp IfrtT Gb" "Z
; :V2SZStr toalUpwheaeooler.
POTATOES iilow. Selling at S2.60 to S3.00 cwtl I . "
MIOK8 Prie. atiil eontiauea low. .
Sheridan-Bacldey Co., Inc.
... FRUITS AND FRODUCE . "... I t
Phone Main 7922 211 Washington St.
J : - ' . Weferaneet HIBERfllA tVINSS BANK
. sesa) Potato firvm- AsswclaUeeai That Shi. la Oar Leu r Less Scl Use Oue Servtoee
3
MAR-ICE T
ElASK-ET
RETAIL. PRJCXJ .
:"ThOBO consumers who are! In a hurry
to buy their fresh produce at the public
market during: the) morning; . hours are
being: charged more money In many
lines than are In effect during- the
afternoon. '
For instance grreen corn ia quoted., at
40050c- a dozen during the morning;'
while In the afternoon similar stock ia
sold down to 25c a dozen. ;
The fact remains that corn is , so
plentiful that prices now In effect are
holding . back consumption to such an
extent , that much of the grrowth is
likely to spoil in the fields.
The pig glut of low priced cantaloupe
appears to b . over and new stock is
showing; a fractional advance. How
ever,, there remains plenty i of the old
stock of good quality that ia selling
around Sc each. . . - i . . "
Butter market is expected to show a
fractional advance in price early in the
coming week.
Chickens are slightly advanced in
price. i
The following prices rule generally in retail
shops for good quality. Some values are t Fic
tionally .higher sad inferior stuff fractionally
lower. ' ' ' ; ; ' v .. '
Butter Best creamery,, 65 70e. "
Ega Kreh. laid, 60o dozen;: fancy freah.
B5e per doaen. '
. Poultry Chickens', dressed, 80 4 Oe per lb.
Fih -Salmon, 25c per lb.; halibut, 30e lb.
i Hour Best local patent, $3.20 0 4.80 per
sack, 49; lbs. - "...
. Potatoes Burbanks, 4 5c
Onion. Dried, Zhi4c
Strawberries Oregon, 20c per box.
Kaapberriee Local. 20e peg box.
i Ixgaoberriea-T-Fancy 15c i
Blackberries 15c per box.
WHOLESALE PRICES JN PORTLAND
The, are prices retailers pay wholesalers, ex
cept, aa otherwise noted:
Dairy araduu 1"
: BTJTTEB Selling price, bos total Creamery
prime, parchment wrapped, 59c lb. : prime firsts.
57e lb.; firsts, 66e lb.; smaller lota at an ad
vance. -Jobbing prieea: Cube extras, 54e;
firsts, : 82c , . - . i
BUTTEHPAT Portland delTvery basis. 62e;
country ststions, 67 (3 68c
. . OLEOilAROARINb vat brands, 40e; ordi
nsry, 88 He; baker. 83c; autmargarine, 1-ib.
cartons. 82e per lb.
OHEEBB Belling price: Tillamook, fresh
Oregon, fancy triplets. 82 088c per lb.; Young
America, 84 85c Prieea to Jobbers f. o. b.
Tillamook: . Triplets, 29c; Young America, 80c
Belling prices: Cream brick, 40 042c Selling
price: Block Swiss. 48 v 40o; limburger. 40
42c per lb.
EGGS Buying price: Current receipt,
47 948et candled, seUiag price. 5 0 5ac; se
lect, 54 9 55o per doaen.
LIVE POULTRY Selling price:' Heavy hens.
28c; light hens, 1826e springs. 27 31c;
old roosters, 10c per lb. s turkey. , live. ) ;"
ducks. 23 8O0 lb. - ! ,-'v-.' :.,
j rreah Vsattablas and .Trait
FBESH FBOIT Oranges, $8.75 7.80 per
6ox; bananas, 119110 lb.: lemons, $4.60
S.60 per crater grspefrult, $5.00;: cantaloupes,
CaUfornia Standard. $1.60 2.25; pony, $1.25
1.50; flat, 60 75c; Malaga grape. $3.50
per crate; seedless grapes, $3.25; peaches $2.00
2.25 box; peach plums, $1.00(9 1.50 crate;
pears. $4.60 5.00. ,
APPLES Jew, $1.00 01.50. ?
DRIED FBfJIT Dates, Droraeelariea, $7.50;
Fards. $4.00 per box; figs, $1.50 6.00 box.
ONIONS Selling price to retailers: New
WUe Walla. $1.50 1.75f garlio, 25e per lb.; i
green - ooiona, 25 40c dosea boachea; onion
sets, 17 18c lb. 1
POTATOES SOng price: . Oregotf' fancy,
2.2502.76. i
B EH HIES Blackberries. $3.00 0 8:60 crate :
VEGETABLES Turnips, $3.50 sack; car
rota, $4.00 aack; beets, boo dozen bunches; let
tuce, $1.75 crate; cucumbers, 25 50c box;:
tomatnea, 75c 0 $1.00; egg plant, 7c per lb. ;
broccoli, ' ) ; bell peppen. 12 He; celery.!
$1.25 dozen; string beans, 3c per lb.;' green
com. $1.00 1.50 aack. i I
i RReata and Prevlslona . 1
COUNTRT MEATS Selling pries: Country
bogs. 23 0 240 lb. for top blockers; heavy, 18c;
vesl, 23 Me; heavy veal, 16e ib. !
SMOKED MEATS Ham. 424e per lb.;
breakfast bacon, 42056c; piccica. 25c per lb,;
cottage roll, 8 So per lb.
LABD-r Kettle rendered, 23e lb.:; tierce basis,
compound, 20c .
' Fish and Shellfish
FRESH FISH Sakuion. freah Chinook. 17 9
18a lb.; halibut, fresh, 15 018c per lb.; stur
geon, t ) J black cod. 10 0 lie lb.; kippered
salmon. $2.60 per 10-lb. basket; kippered cod,
$2.35; rasor dams, ( ) ; crabs. $2.75 S.7 5
dosea; ling cod. 0 80 lb. - t
Orocertes
SUGAR Nominal prieea, refinery basis:
Cube, $22.10; fruit and berry, $21.26: D yel
low, $20.65; granulated, $21.25; extra O,
$20.80 , golden C, $20.75. .
HONEY New, $7.OO7.60 ease; -
KICE Japan style. No. 1, lie; New Orleans
head ( ) ; Blue Boss, 144o per lb.
SALT Coerse, half ground. 100. $17.25 per
ton; 60s, $18.75; table dairy, 60s, $27.25;
bales, $3.80 0 4.00; fancy tabW 1 and dairy,
$30.50; lump rock, $26.50 per ton.
BEANS Sales by. Jobber. HmsTl whit.,
7Ha lb. ; large white, 74o lb.: pink, 8 He lb.;
tdmae 12 He; bayou. 11 He: reds, lOHc; Ore
gon beans, buying prices, nominal, 1 6 H e lb.
CANNED UILK Carnation, $6.50; Borden.
$6.50; Astor, $6.40; Eagle, $12.35; Libby.
$6.50; Mount Vernon, $6.40 per case. -
COFEEJS Boasted. 348c In sacks or
drums. - 1 .
SODA CRACKERS In bulk, 20e per .lb.
NUTS Walnuts, 85040c-per lb.; almonda.
89c; filberts, 82c in nek lots; peanuts, 14 H
015c-, pecans, 25c; Bra ails, 35c
' Rope, Paints, Oils I, .
BOPE Sisal, dark. 18 He; whits, 20e lb.;
standard al-nila, 26 He .
LLNSEEO OIL Baw. bbla.. $1.69 gaL;
kettle boiled, bbla.. $1.71; raw. eases. $1.84;
boiled, cases, $1.86 gauon.
COAX. OIL Pearl or water white in drum
or iron barrels, 17 Ho gallon; cases, 80e per
gSltOIU'
GA8OIJNE Iron barrels. 26 080 He; eases.
41 He; engiae distillate, iron barrel, 16c; cases,
WHITE LEAD Ton! lota. 15c;, 600 Iba..
15 He per lb '
TURPEHT1NE Tanks, $2.26; cases. $2.41;
10 , case lots, lc lesa j
- Hops, Wool and HWse :J
HOPS Nominal, 1910 crop, 70e pound.
HIDES Salt bides (all weights). 11c; green
hides (all- weights), 9c; green or salt calf (un
der 1C pounds) , 20 22c; green or salt kip (IB
to 80 lbs.), 1216e; salt bulla, c; green bulls.
7c; dry hides, 20e; dry salt hides, 15c; dry calf
u aurr 1 id.;, 20c id. - I v .
SALT HORSE HIDES (Large). $4 each:
salt horse bides (medium) , $3 each,; salt boras
hide (small), $2 each. . ' . .
PELTS Dry fine long wool pelta. 15c; dry
medium song wool pelts. 12c; dry coaxes long
vvl pei, i iw, - t .--
SALT PELTS Salt long wool pelts, $2.00 9
$.00 each;, salt lamb pelts. 60 75e each; salt
sheariuigv 25 0 60s each; salt clippers, 15 0
25a each. - - ,
MOHAIR Long. 25c; short, 15o lb 5
TALLOW AND GREASE No. 1 tallow. 7c;
Nc 2. 5c ... - " -
CASCABA BABJE Kr pseL gHe lb. J old
Dried Frolt and Beans -1 S
i, New York, Aug. 21. (L N. 8.) Beans
Market, steady; marrow, choice, $11.50: nea.
choice, $7.50. - -. i-:- i-u '
Dried traits -Market, quiet. Apiicota. extra
tihoice . to fancy, 2 6 3 7e ; apple, , evaporated.
?V,J.;C' 18 18 He; prunes, 80s to 60s.
17H 26c; 0s to 100a. 11 H 16 He;
r-eaches, extra choice to fancy, 19 H 21 He;
seeded raisin, choice to fancy. 23 H 025c
i ; MinneaiVAlia Plav Market '
l.JM,e5.A. cr s-erux.
amve, 9.cs. 4 - 1 ,
SAT., AUG. 2!, 1920
I7rA All j...
i -rrrc
if P-
EUROPEANS BUYING
WHEAT IN TRADE
BOW WHEAT RULED
Bid I Long
MJto tt
t Se
-tjtii ' e
2J7 ' Se
uil 4e
tli i Se
Hard white
Soft whit
White dab .....
Hard winter ....
Kertbera Spring
Red Walla ......
r
....
NORTHWEST ORALX BECED7T8!
Cars . . i
Wheat.
Portland, Sat. .. - 24
Year age. ... 81
Total this week. 822
Year ago .... 254
Sea -on to date. .1963
Year ago ....1009
Tacnma. Fri. ... 14
Year ago 10
Season to date. 870
Year ago "-, 423
Seattle. Fri.... 8
Year ago .... 25
Season to date.. 164
.Year ago . . .' $02
Bar.
Kir.
Oat Hay.
i 1
- 11
j 25
4 37
1
S
i 4
'll
57
84
If
0
87
77
132:
"k.
32.
!:
2
1
89
ir
81
62
175
2U3
.
1
t4
"I
10
200
203
I 118
j 150
Ti
31
3
8
' 3
' 39
62
142
m
8
53
; 66
Limited purchases of wheat are being
reported at various American 1 centers
by Europeans. - Some business is jpass
Ing with Germany and a fair volume
with Oreat Britain. l
Reports indicate that the British baying com
mission is trying to disguise its purchases in
the hope of keeping the trade in ignorance of
the ' foreign demand. That secret deals are
being made is now generally reported the
tde,5-'":-i- i-'-'K; ; 1 ; : V ; ' "
Beeent strength ia the- oats trad here ap
pears to be due generally to the fact that the
Willamette valley crop is ant up to expectations
while the total area in tbe Pacific Northwest
is smalk, ' fj :" j i : -: v
Hay market continue active: but the baying
is mostly because of the impending freight rate
advance. " j - i .-f-.
t'LOCB SeTUng prices.) mill door: Pstent.
$12.05; Montana spring wheat, 818.25s Wil
lamette valley brands. $11.20; local straighjt,
$10.80; bakers' local. $12.95 18.25; a-raham.
$10.80; who, wheat. $11.05. 'Price for city
deliveries 15e extra; suburban, f 20o extra,
HAY Buying price, nominal:- WUiamett
timothy, fancy. $23.00 29.00; per ton; 1 vetch,
$2.O0r cheat. $29; atraw. $10.00; clover.
$22.06; grain $23.00: alfalfa, $24.00 26.00
a ton. - . i i
GRAIN BACKS Nominal. New crop' deliv
ery: No. 1 Calcutta, 11 13c; domestic, lSe
in ear lots; less smonnts higher. .
MILLSTCFFS Mill ma eat , mill, sacked.
$59.00 0 60.00. . i t i
OATS Per ton. buying price: :'. Feed. $48.00
49.00. .i i : 1 "
BARLEY Buying price: Feed, $47.00
43.00; milling, $46.00 47.00; rolled barley,
selling price. $57.00 0 68.00. r
SEED Baying price: Bed clover, redeened,
SOo per lb. ! f
' Merchants' Exchange bids: 1 .
WHEAT :
" " ' Sept.
Hard white .; 230
Soft white ..j 228
White club 227
Hsrd winter 227
Northern spring .......... 228
Oct.
; 230
i 228
227
227
: 228
Nov.
230
228
227
227
228
225
Bed Walla
. . . . . -iz
FEED OATS I
. . . Aug.!
. . . . , ,4900
....... .'4550
BARLEY ;
. 225
I:
Sept. f Oct.
4900 jl 4900
4600 4600
4900 i 400
4800 4800
Nov 2 white
No. 2 gray .
Brewing .5100
Feed .......'.,.,......,5000
CORNs i
No. yellow (bulk) . . . . . .3400
6350 i 6300
6326 I 41250
Eastern (bulk).... .6400
Wheat Is Lower
In Chicago at
End of; Trading
s. . . - . L-;.J; - '
Chicago, Aug. 21. (L N. B'.) Local bear
lih preasare exerted- itself soon after thai open
ing today, sharp declines resulting. Prices in
an grains closed lower and near the bottom
prices for the dsy. ; December . wheat finished
3H4H lower; March, 3 down; September
earn closed 2 He off; December, lc lower.
and . May. 1 H W 1 c lower. , September oats
dropped lc for the day';! December, 1 1 He
off, ana May. 1 01 He lower st the finish.
Weaamees' in wheat futures was due to the
falling' of f in export demand and a report that
Canadian wheat was sold at the seaboard yes
terday at 10c under domes tio grain. i -
Continued beneficial rainsi were reported hav
ing fallen over Wisconsin, Indiana, Illinois and
Missouri lsst night.. This i led to free selling
and a lower rang, in com.
Oats futures lacked the Individual snap that
was. so evident for the past fewidaya and fol
lowed the downward- trend of corn. .
Hog products closed higher for the day on
good buying support credited to packers, ;
' -..in ; . ' H, ' ' :S
Bangs of Chicago prices at furnished by the
United Press; . i . . ,. ... i
TTTI": 4 "P
Open. High. Low.
236 288 231 4
238 239. 233 H
CORN I .. '!
144 143! 141 i
122 123 U. 120 H
BARLEY ,
"a e
104 H 1043k '104H
OATS
68. 681 ' 66 -
68 H 68 H : 66 H
POBK i r .
2416 14t5 2410
2495 23f$ 2480
LARD I
Close.
232H
235
142
120H
105
104 1
V 664
67 ,
' 2465
'2360
December , . .
March
September
December .. ,
I wv,-: :
September . .
December .. ,
'Reptember ..
iDecember
' - :. "
September . ,'
JOctober
September - .
October ....
- f
1817 . 1847. 1815 1845
1870 I860 1850 1880
RIBS i , i
September .... 1483
October 1535
130 1480 1495
1552 ' IfiSO .-: 1K4S
I Cash Wheat No. I red, $2 54; No. 2 red.
$2.53(31 2.84; No. S red, $2.52; No. 2 hard.
' "' '"' 1 , ! " ''1';:":. i
DAIRT PRODCCTS OF THE COAST-
Seattle Market .!- ..j
Seattle. Ana. 21. (U. 1 P.l BntinwOiT
creamery cuoea, soc; oncaa,.oc. .
Eggs trreMi raneb. 68e; pulletst, 47e.
Poultry Hens, 25 87c. i "
- Lee Aneetea Msrks. .
Los Angeles. Aug. 21. I L N. S.l Butter
Eais Freals extras. 66a
eaa extunt, 73e;
pullets. 48c; peewees. Sic
pouitnr unci
POTATOES ALONG 'THE COAST ;
gieattle Market "
fieetfle in. 9 1 Trmtimm Tew :P7aafti1n.
Ion Netted Gem. 3 3 He; local, 2H Bc ,
Los Angeles. Ana. 21. (L N. S.) Pot toes
Local Early rid White Boee fancy No. 1,
asosUy $1.851.50; No. 2. 75e $1.00 ; lug;
Sacked. No. 1. $2.75 3.00 Stocktons, mostly
$3.25 $.t
i
v 4 Tarions Grain Market '
Minneapolis Cash wheat So. 1 dark northern.
$2.6002.60; No. 8, $2.402.5O: No. 1 north
ern. $2.4602.30: No. 2. $2.4102.45: Ne. 8.
$2.40 2.50; Nc 1 red spring. $2.41: Ne, 2.
$2.86; No, g, $2.81; No. 1 dark hard Montana,
$2.55; No, 1 hard Montana. $2.60; No. 1
durum, $2.S02.$6: No.! 2. $2.2502.30;
No. 8, $2.15 2.25; corn Noi S yellow. $1.58 (a)
1.60. - , ... . , , ; i .i.'-. . .j . ,
London Corn and oata nnohanged.
2 Dnluth Cash wheat No. j 1 dark northern,
$2.502.60: No. 1 northern. $2.4502.55;
Jc2, $2.40.50; Nc 1 durum. $2.SO
2.60: No. 2. $2.45 2.5T-, rye, $1.4; corn
N?-,8 wiled, $1.51.68:iosts Ne, 2 white.
ASH 0 67 He; No. S, 63H61He,
I uverpool Pkrcel market l eloaed. eorA na
eaanged; oats easy; barley oniet. !
New York Wool and Hides i r
New York:.' Auk. 21. Wmi, , if., v.. .
. """"""i uto,aa wae, auseenc; do
mestito pulled scoured basis, 40c $1.15; do
mestic Texas scoured basis. 60e 1.20.V 1
I Hides Msrket, derasnd improving; native
steen, 29 028c; branded steer. 24 25c
New Tork Potato Market
New York. Ana. 21. Pototn lln hntv t...
ral or bag) Market firm. Nearby white. 88.00
0 4.50; Southerns. $1.004.75. . . ,
I New Tork 8ngar and Coffee
New York. Aug. 21. (U.i P.) Coffee No.
7 Rio, 8 He; Nc 4 Santos. 1 4 H 1 5c.
Sugar Raw, dull: $11.00 12.04; refined,
duu; granulated, $17.10 023.50.,, - ,
I NaTal Stores Market- ?
New Tork, Aug. St. (LIN. S.) Turpen
tto -Strmnth, $1.47: New1 York. $1.60.
Xioua bavannab, $18.sa,; New York, $14.50.
HIGHER LEVEL IN
- CL
New Tork. Aug. 21.e-(TJ. P.J United
States Steet was quoted at off ,
at the opening- of! this to-- exchange
today. Mexican Petroleum was, 159, up
H: Canadian Pacific
company 47, up 5 Oeneral Motors un
changed at 21; Baltimore fe Ohio 38.
up M I Republic Iron Steel a. up
H ; Bethlehem B 75 , up I '.Tobaceo
Products 63, unchanged ; Pan-American
85. up ; Beadlns 8. up ;
U. S. Rubber 86, up tt ; Crucible 136,
up , . i
The market closed higher.
The market swung upward during the last
half hour of trading, and Texas company - made
a new high on the move. At 47 H- Vanadium
aluo made a new hith on the move at the
close to 73. Retail atoresj got above 68.
Furnished by Overbeck Cooke Co.,
Board
of Trails buuding;
USING
SESSION
I'hSCUiP l iON: 1 Open High Low ( Close
Alaska Gold ..... 1H lHt 1H Hi"
AUi Cbalmera .... 81 81 80 H SOW
Alloy Steel ...... . .....40
Am.Agr. Chem, , 4 77 H 77 77 H 77
Am. Beet Sugar . . ..... ..... . .... 73 H
Am, Can, e. 84 H S4H 84 H 34 H
Am. Car Fdy....v 184 H 184 H 134 H 188 H
Am. a L.e.. 14H 14 H 14 H 18H
Am. H. L., pfd. . 73 75 75 75
Am. Int. Cor..... 12 72 H 72 71
Am. Linseed, e. . .. 71 H 71 H 70 70 H
Am. Loco., o..... 85 H 66 95 H 65 H
Am. Ship A Com., 21H 214 21H 21H
Am. Smelter, e. ... 65 H 63 H 65 H 85 H
Am. Steel Fdy.... 86 H 86 H 36 Hf 86 H
Am. Sugar, e 114 114 . 114 114
Am. Sumatra Tob. . 84 64 H 84 84
Am. Tel. A Tel... 96
Am. Woolen, 78H 78H 78 789t
Am. Writ's Pa., pfd .51 51 49H 60
Anaconda Mining, . 62 H 82 H 52 W 62
Atchison, e ...... 81 H 81 H 81 H 81 H
At. Oulf A W. I.. 136H 137 183H 135H
Bald. Loco., ...... lOS H 107 H 105 H 1U6
Bait. A .Ohio, e. . . 88 88 H 87 H 88 H
Bethlehem Steel. B. 73 H 76 H 75 76 H
P-oc-h Magneto.... So H 86 85 H 86
Brooklyn R. T. 9H
Butte A Superior.. ............... 19
CaL Packers' Assn.. 67H 7H 67H 67 H
Csl. Petroleum, c. 26 H 26 H 26 H 26
do pfd ........ ,68 68H 68 67 H
Canadian Fac .... 120 121 H 121 119 H
Central Leather, c. 65 H 65 H 54 54 H
Cerro da Pasco..,. ,.i.. 87
Chandler Motors ... 86H 87. 66HJ86H
Che. 4. Ohio .... 67 H 6TH 67 H 57 H
Chicago t W o. ..i ... 8 -
do pfd ........ 21 21 21 21
C. M. A St, P. . ... 33 H 84 83 H 83 H
CulcatfOt N-W. . 70 70 70 70
Chile Copper ..... 14 14 14 1 13
Chino Copper ..... 23 26 23 26 H
OoL Gas se Else.. . 53
Colo. F. A L .... 83 H 86 35 H 85 -
Cons. Gas ....... .'. 78 78 78 784
Corn Prods., c... 83 88 88 88
Crucible Steel, c . 138 187 135 135
CoL Graphophone. . 23 23 H 23 23
Cubsn Am, Sugar... 41 41 41 41
Cugn Cane Sugar.. 86 36 30 80 H
Denver A B, U.. c. . . - . . ..... ..... 4
du pfd ........ 10 10 10 1
Erie. c. . ..... 12 12 12 12
do pfd. ....... 19 H 20 19 1
Fiske Tire 27 27 27 27
Gaston Williams . .... . I 9
General Cigars 62
General Electric .. 142 142 142 y 140
General Motors ... 21 22 21 22
Granby Con. .... 86 36' 86 86
Gt- Northern Ore.. 81 32 81 H 31
Gt. Northern By. .. 72 73 72 72 H
Greene Cananea ... ..... ..... 24
Gulf SUtea Steele. 54 55 54 54
Ice Securities . . , . . . . . . . . . . 87
Illinois Central ... 83 83 85 85
Industrial Alcohol, . 84 84 84 H 84
Inspiration Copper . ..... ...... 4 5
International paper 79 H 81 1 79 80
Int. Mer. Marine, c. 25 25 25 24 H
do pfd. ....... 73 73 H 73 73 H
Int Nickel ...... 20 20 20 f 2o
Has. City So., c... 18 19 18 lt
Kelly Springfield .. 77 77 77 76 H
Kenoeoott Copper.. 24. .24 28 23
Keystone Tire .... 17 18 H 17 H 18
Lackawanna Steel . 69 69 68 68
Las. Earn. Players.. 72; ; 72 72 ; 71
Lehigh Valley .... . ". 44 H
Maxwell Motors, e. 11 H 12 11 H 11 H
Middle State Oil.. ,12 12 H 12 11
Mexican Petroleum. 159 160 159 159
Miami Copper ..... ..... 18
Midvale Steel .... 89; 89 89 89
Mo. Pacific c .. . 25 H 25 H 25 23
do. pfd. ...... 44 44 H 48; 43
National Enamel . . 69 69 89 169
National Lead ... 74 74 74 78
Nevada Consolidated 11 11 11 11
New Haven ...... S3 H 83 83 83
N. Y. Air Brake , . L 94
N. Y. Central .... 71 72 71 H 72
Norfolk A Western 00 00 DO 90
Northern Pacific .. 73 73 73 i72
Okla, Ref. A Prod. 8 4 ! 8
Pure OU 88 88 88 'S8.
Pan Amer. Pet,, c. 85H 87 85H 86
Pennsylvania By... 40 40 40 40
Peoples Gas ..... ...I. ..... ..... 2S
Pierew Arrow .... 89 40 89 89
Pierce Oil A 13' 13 12 12
PiUxburg Coal, c... 611 01 61 61
Pressed Steel Car, c 95 95 95 9.5
Pullman ........ 111 111 111 111
Bay Cons. Coppsr. . . ; . k . . .... ...... 14
By. Steel Springs.. . .... , .... . .... 93
Heading, c, ...... 89 90 89 89
Royat Dutch.. .... 81 81 81 81
Rep. L A S. c... 82 83 82 82
ReuU Stores 67 H 68 .67 H 68
Bock Island c. ... . 34 85 34 84
do pfd-, "A" ... ..... ..... :73H
Shattuck Copper i . ...... ..... 8 H
Sinclair Cona. . . , . 26 H 27 20 :27
Sloss Sheffield 86 i 69 66 167
Southern Pacific . . 92 j 92 92 92
Southern By., c... 27 27 27 26
Stromberg Motor . . 72 75 72 75 H
Studebaker. c .... 63 63 H 62 63
8heU ......... . 49 49 49 48
Bt. L. A S. F. 25 25 24 24
Swift A Co. ..... 106 106 196 H 106 H
Term. Copper .... H 9
Texas Oil ....... 47 1 47 47 47
Texas Pacific . ... 4 $5 84 84 H
Tobaoeo Products. . . 63 H 64 68 63
Transcontinental Oil 10 10 10 10
Union Pacific, c... 117 117 117 117
Union Psdfic, pfd. ............... 64
Union Oil of Del.. 27 28 27 27
United Food Prod. 59 58 68 68 H
D. S. Rubber, c. . 88 86 86 86
V. S. Smelt. A Ref. 51 51 61 60
U. 8. Steel, c.... 88H 89 88 88
do pfd. i . j . . . . . . 106
Vanadium Steel.... 70 72 70 72
Virginia Chem., e. . . . . . . , . . . . ..... 65
Wsbash 81 8 .8 9
do A , 24 25 24 25
! do B ...... , 15
Western Union..., 82 82 82 82
Westingh. Electric. ... j . J ........ . 47
White Motors..... ... J . . . . . 47
Willys-Orerlapd . . . 16 16 H 16 16
Woolworth .................. 1054
Worth tngt on Pump. ) 61 .61 61 H 61 H
Total sales, stocks. 233.700: total sales, bonds.
$3,335,000; weekly stock sales. 2,183,600.,
OFFERING ABSORBED IN COTTON
AND PRICES RULE HIGHER
New York, Aug. 21.--(L N. 8.) The cot
ton market bad an active and generally weaker
opening today at a net decline of 13 to 32
points, except July, which started 6 points high
er. At the outset favorable ! weather news from
the belt appeared to be offset; by local and hedge
senmg, out as soon a mesa oiiennga were ab
sorbed, tiie list became stronger and shot Bp 82
to 50 points from the low level.
Increased short covering late in the dsy caused
a very steady tone, August closing 485 pointa
higher while the other positions showed net gains
of 23 to 65 points. I .
Furnished by' Overbeck A Cooke Co. Board
Open. High. Low. Close.'
2510 2565 2560 2565
.... . . i 2560
2495 . 2550 2495 2550
.... 2540 "
2475 '2530 475 2530 ,
. . . . . . . . 2520
2475 2515 1475 2513
B726 2726 2723 2708
2680 2750 2675 274250
2594 2650 1 2588 2648050
Janeary ....
February ...
March, , ... .
April ......
May ......
June ......
July' ......
September -,
October ....
November . .
December . .
New York spot, market, saeds.. 8350; quiet;
nnenangea.
v Liberty Bond I Sales t
Furnished by Overbeck i Aj Cooke Co.;
o Trade bpiUing: ' s I
Board
Open, i High.
8998 I 8998
8436 I 8486
8446 ! 8446
Low.
8990
8434 '
8428
8470-
84$8
S782
8478
9556
9558
Close.
Liberty. 3 Ha ..
Liberty. 1st 4a
Liberty. 2d 4 a .
i 8992
8434
8430
8470
8444
8782
8478
9556
6558
Liberty, lot 4Hs., 8484
Liberty. 2d 4 Ha.. 8438
8484
8454
8790
8482
Liberty, Sd 4 Ha - 8784
Liberty. 4th 4Si. 84 78
Victory. 4a :.. 9560
9560
Victory. 3s ... . 9558 t 9558
s New Tork-London Silver I :
New York, Aug. 21. L N. S. ) Commer
cial bar silver: Domestic, unchanged at
81.01 Hi fore u a. unchanged at II om
London, Aug. 2V.. (I. Jf. B.l-Bax ailrtr
wai-unchanged today at 63 d . 7
NO LIVESTOCK IN
PORTLAND ALLEYS
PORTLAND LIVESTOCK RUN '
Hoax, Cattle Calves. Sheep.
risturday.
Week ago. ...... , 87
Two weeks ago.... ...
Four weeks ago... 887
Year ago ......... 109
Two years ago..., 326
Three yesrs ago ... 275
Four years ago ... 163
26
81
664
4
. 238
2 75
3 : - t
0 91
408
22
35
iNo arrivals at -all reached the North
Portland market for the Saturday trade.
Oeneral price list was unchanged. -
Recent disposition of toe trad, nas oeea ta
atowly soften the price of hogs, but as there were
no arrivals here for the week-end, prieea were not
given a test, : ; - -: v: . -'it.
t General nog market range: i r - .
Prime mixed ............... $t-5x2 liSS
Medium mixed . 16 00916.66
Rough heavy 4. , , ... . . .1 10.0018.00
Smooth heavy . 1 8.00 18.60
Pigs 12.801SJ)0
- ' -'. -: - Cattle Demand Fair ' :
In the cattle alleys there were no arrivals for
Aatnrdav at North Portland. Recent demand ap
pear to be fair and price snow no change for
the last Jew days, i
Uenaral catUe range: .
Cl'oice grass steers ...........t
9.50910.00
8.50 0 ft.KO
Good to choice steers .. . ......
Medium to good steers ........
7.50
i T.O0'
6.00 0
7.25
6.25
5.25
2.75 0
5.00 0
8.60
7.60
7.00
7.60
7.25
6.25
4.75
Fair to good steers .............
Common to fair steen ........
Choice cows end neuer. .......
Good to choice cows and heifers.:
Medium to goad ecers and heifers. ;
canaara ...... ... ......... . 1
Bulls ...........
Choice dairy cattle
600
13.00013.00
T.40 0 9.00
11.69018.00
Heavy calves .....
liest light calves .. ,
Ben feeden .. .
Fair to good feeder steers.
; 7.000 7.50
.... 6-00 0 7.00
Fair to good .
6.75 0
Mutton Holds Steady
In the mutton alleys the situation at North
Portland is steady, although there was nothing
avaUable Saturday to test sentiment either for
sheep or lambs, . j ; -
General sheep and lamb range: '
Prime Umbs ..... . S.009,t-00
Cull limbs ........,; 6.00 7.00
Yearlings.. 6.00 7.25
Wethers : 6.00 0 6.6O
EwssT ,7. . 2.25 0 6.00
Friday Afternoon Sales. -
.1 STEERS ' .
No.
Ave. lbs.
... 807
.. .1115
Price. I No. Ave. Iba
Price
7.25
26.
23.
6.85 I
6.65 I
1. ,
$10 $
COWS
1.... 650 $ 8.00 I 1...
' CALVES
1 160 $14.00 I
BULLS
1. ...1200 S 5.00 I
T40 $ 5.50
HOGS
6.... 203 $16.00 I 3... 275 14.00
5,... 206 17.00 I 5,... 210 17.00
4...i 100a.16.00 I 2.... 255 16.50
5.... 252 15.00 J .4; . .4 210 18.50
2.... 225 : 1100 f 2.,, 200 17.
16 271 15.00 2... J 205 15.00
17..,. 198 16.00 2.. 185 17.60
10 187 17.00 4..., 175 16.75
5.... 182 16.75 3.... 16 17.00
3 136 16.00
- LAMBS
S3.... 69 $ 6.0V 31.... 98 8.00
1.... 71. 6.50 15....; 68 6.50
40.... 63 8.50 40.... 79 8.75
1 ... . y. 110 - 8.00 J 18 ... . 77 8.00
WEATHERS ..
18.... 155. $ 4.00 1 I
AMERICAN 1ITESTOCK PRICES
Chicago Hoes $16.76
Chicago. Aug. 21. (I. N. S.) Receipts,
4000.
Steady to lOe higher. Bulk. 314.15 0
15.60;
15.45;
weight,
14.50;
too. 315.75: heavyweight. S14.5O0
medium weight, $14.83 015.75; light-
$14.90015.75; light lights. $14,000
heavy packing sows, smooth, $14.15
packing sows, rough. , $13.73 0 14.15;
14.35;
Diss. (13.00 6 14.75.
Cattle Receipts, 1500. St rotifer; choice
steers, others rsnged 60c $1.00 lower; best
cows, cannera,-veal calves steady; medium Cows,
75e$1.00 lower; atocken strong.
Sheep Receipts, 80OO, mostly i direct; com
pared with week ago; feeding stock steady to 2&o
lower, i ' .- s. ...-!
Kansas City Hogs Nominal
Kaaau City. Mo,, Aug. 21. (L N. B.J
Cattle. 1000; no martet. .
Hogs 200. no market: one sale at $12.00,
Sheep 16 OO, no eaxket. .
St- Louis. Hons 516.50
St Louis, 111., Aug. 21. (I. N. 8.) Cat
tleReceipts, 1100; steady, native beef steers.
SIS.DU W14.UU: yearling steen and. heiters
$11.00 011.50; cows, $7.00 8.00; atocken
and feeders, $8-00 12.50; veal calves, $13.25
13.50; eannera and cutters, $4.00 0 5.50. f
Hogs Receipts, 2500; 10c to 20c lower.
Mixed and butchers. $15.10 013.35; good
heavies, $14.00 14.75 : rough, $12,60 0
13.00; lighte, $15.25015.50; pigs, $12,500
15.00; bulk. $15.25 15.40. -
Sheep Receipts, SOO; steady. Mutton awes.
g6.6O0 7.OO; bmbs. 39.00 010.60
and cutters, $1.50 4.50.
Denver Hoes, $16.00
Denver, Colo., Aug. 21. (U. P.) Cattle
receipts, 300; steady. Steen. $3.00 0 8.00:
cows and heifers, $6.00 9.00 : atocken and
leeden, s.u ta 9.00: calves, S7.BO011.OO.
Hogs Reeeipta. 200; steady. Top, $16.00;
duik, a is is.vv.
Sheep Receipts, 800; .steady. 'Lambs.
$10.50011.75; ewes, $5.50 6.00; feeder
lambs. $10.00011.00. ;
Omaha Hogs. 316.00 ' .
Sonth Omaha. Aug. 21. (L N. S.) Hogs
Reeeipta. 2500; mostly 1025c higher;
closing steady. Bulk,- $13.85 014.50; top.
tio.uv.
. Cattle None; steady.
- Sheep None; nominal.
PACIFIC COAST BANK STATEMENT
Portland Banks
This Week.
Clssrlnzs
Tesr Ago. .
Mondsy . . . $
Tuesday ....
Wednesday
Thursday ...
Friday .....
Saturday ...
7,157,879.79
6,715.275.08
6.547,125.34 I
6,764.087.16
6.1101,958.66
5,230,016.80
7.943.271.TS
6,880,803.83
5,308.120.10
4.912.823.91
4.438.904.41
4.818.S29.46
Week
..$35,616,291.88 $32,832,252.33
Taooma
Clearings - Saturday .,,-..
Banks
$
t
709,068.00
Balances Saturday
Spokan Banks
Clearings Saturday ..........$
Balances Saturday .... ... ....
102,744.00
1,885,548,00
.632.187.00
Seattle Banks
Clearings Saturday ...... . . . . $
Balances Saturday .......'..
-Los Angelas Bank
6.522.169.00
1.370,728.00
Clearing Saturday . . . . . . . ... .$11,931,227.00
FOREIGN EXCHANGE BATES
' Corrected daily by foreign exchange depart
ment of the United orates Msnoosi 01 nx,
Opening nominal rates for bank transact lose;
Draft
Cable
Par
Checks, -London
Pounds
Sterling ...$ 8.50
Paris Francs.. 7.09
Transfers.
Vaius.
3.60 , $ 4.8665
7.10 m 10.30
1.97 28.81
4.67 19.80
14.7S ' 20.19
14.75 i 36.79
20.45 36.79
8179 . .
82.7 : 49.84
Hamburg-Bremen
Marks
1.97
irtwa j
Copenhsi
4.67
14.70'
14.70
20.40
81.23
52.60
1.15
Kroner ...
Cbnstiania
" Kroner . . .
Stockholm
Kroner ...
Hongkong
Curretlcy ..
Japan Yen...
Shanghai
Taels .....
1.16
Foreign Exchange Market '
, New York, Aug. 21. (U. P.) Quota tic ns
were' slightly easier at the opening ia foreign ex
change today. Demand sterling was off He at
. irancs. .0110. up .0001; Ore .0467.
Unchanged ; marks, .$195, oft .0002;- Can
adian dollars, .8835.
.Demand sterling closed at $3.59, off c;
iranes. oemano, .viva, oil .uuui. ; .
1 Lire, demand, .0465; lire, cables, .0466;
marks, demand, .0194, off .0003; Canadian dol
lars, .DS. ' " ' ,
New Tork Bank Statement -
1 New York. Aug. 21. Bank statement:
1 Average Loans, increase, $23,996,000; de
mand deposits, decrease, $19,319,000; time de
posits, increase, $460,000; reserve, increase,
$8,602,560.
Actual Loans, increase, $4,179,000; demand
oeposits, yocreas.. ass.uoy.vuu ; tun. deposits.
Increase, $570,000; reserve, decrease, $17,147.-
200. , ,. ,, : i . .,
t
Snb'Treagsry Statement "
New York, Aug. 21. (L N. 8.) Oaring
house statement: Sub-treasury debit, $93,477;
exchange, $649,768,128; balances, $63,575,549.
The commission in charge of the elec
trification of about 4000 miles of the
Italian state .railways has decided to
make the first changes in , t "ft UnCa rf
Piedmont and X4suri ...
STOCK DECLARED
T
T
By Broadan Vall 1
New Tork,; Aug. 21.-Stocks were
almost buoyant in "Wall street Friday
and the close was strong wtlh ma
terial net grains.' y The buying- was
largely by odd lot investors, but the
real cause of the -movement was the
discovery made by agne brokers
that they had sold too many stocks.
, The exciting causes were the -further
retreat of the Reds In Poland and the
fact that the big railroads are at last
beginning' to borrow money.; The borrowing-
of this money means that the
bankers must support the market and
make the stocks look good so the bonds
will go. r -
' Word that the Pan-American Petrole
um company is planning- two successive
dividend Increases and also a st oak divi
dend, sent that stock and Mexican pe
troleum higher. It was reported from
Loa Angeles that something even more
important than that was to be announced
within, two months. It was known that
the buying of these stocks baa been pi
the best kind recently, i -
Holders of railroad shares were dis
appointed because the strength of the
rails was 'confined to so few issues. . i
Cotton options continued heavy, as
did other necessities. i
One loading trader was busy advising
his friends to buy Texas OU and Cru
cible Steel and giving the Impression
that he was not short of them. ; j .
Motor shares were conspicuous for
their strength. It Is now reported that
the Bethlehem Motors company will be
reorganized as soon aa a plan can be
worked out. 1
.1 1 ' i
Market Yet Subject ,
To Readjustments,!
Is Expert Opinion
'-' -i . -.'-v. :'l
New Tork. Aug. 21. While the stock
market may have largely discounted un
favorable business factors In sight, in the
judgment of the best experts . of - the
street, it is in parts still more or less
subject to readjustment pressure, which
appears in unexpected places because of
exis-encies, created by offerings of se
curities to get funds to take care of
natural crisis arising- in the process of
deflation. -
Faced with new demands for credit,
such as come from the crop regions of
the country at this time of the year, the
banks have not ; found it possible to do
anything but continue readjustment
pressure, and also to extend it where the
effect would be to produce, more funds
to meet any crop emergency, which is
intensified by the continued transporta
tion congestion. - It, therefore, appears
that the paramount market factor at the
present time is mpney scarcity, which
Bhpuld govern price movement despite
the appearance of spectacular political
affairs of national or international im4
portance unless 'the latter are directly
and closely related to credit. .
Cabinet Members to
A d dress American
Bankers Association!
; : .
Oregon bankers have ; been notified
that men of national prominence are ta
address the ansrual convention of the
American Bankers' association in Wash-j
Ington, October 18 to 22. Two members
of the president's cabinet are on the pro-i
gram,- EL T. Meredith, secretary ofttgri-!
culture, and David B. Houston, secretary
of the treasury, who will discuss "Gov-j
ernment Finance," .
i George Woodruff, president of the
First National bank. Joliet, HI., will tell:
of "The Country Banker's Problems.";
Fred I. Kent, vice president of the Bank
ers Trust company, New York, is to
speak on "International Relations." The
president pf the United States Chamber
of Commercej Joseph H- Durfee.'wlll ad-!
dress the convention on "Relations Be-i
tween banking and Industry.' and Fred
W. Ellsworth, retiring president of the
Financial Advertisers' association and;
vice president of the Hlbernia Bank ft:
Trust company, New Orleans, will speak;
on Publicity, Public Relations." The:
"wit and humor of the convention, ia to j
be furnished by John Kendrick Bangs.
Purchasers Slowing
Down on Wild Buying
The demand' for non-essential mer
chandise is not as great as it was. al
though the working classes are well sup
plied with money and are consuming
large quantities of merchandise The
purchasing power of the country is still
very large, but the purchasers are not
displaying the happy-go-lucky freedom
that they showed a- few months ago. The
averaere buyer is seeing; to it that his
expended dollar is bringing him a better
return than It did when the - silk mills
were doing an enormous' business. .
8HOKT-TBB.M NOTES "
Quotations furnished by Clark, Kendall
Co.. Inc.
Sscnritv
I Maturity. -.
9, 2.1924
BUOYAN
ON MAR
Bid. Asked.
89 H 90.
93 14 . 93 H
92 2H
93 95
99 H 100
99 H 100
994 99
99 M 994
98 4 , 98 H
6 . 96 H
07 . 97 tt
,984 96
91 93
98 984
96 97 4
96 96 H
; 90 4 90 h
97 - 98
. 91 91 tt
97 974
68 62
'7tt 71
97 . 97 tt
974 97
9 100
97 99
96 98
95 : Of '
-94 97
99 tt 101
93 - 97
97 tt 98
97 tt 68 H
Am. Cot'n Oil 6s
Am. T. A T. 6s.
Am. T. A T. 6s.
Am. Thread 6s. .
.10,
. 2.
.12,
.11.
1.1922
1.1924
1,1928
1.1920
1.192t
Am. j oo. ....,,
Am. Ton. is.
,.11,
Am. Job. 7a..... ,,11. 1,1922
Am. Tob. 7s. . . . : . .11. 1,1ZS
Anglo Am. OU 7Hs.: 4. 1,1925
Armour Conv. 7s...: 7.15,1930
Beleian Gov. 7V4-. 6. -1,1946
Belgian Gov. 6a.... 1, 1,1921
Belgian. Gov. 6a..,, 1. 1,1923
Betbl'm Steel 7s.,.. 7,15,1922
Bethl'm Steel 7s..,.' 7.15.1928
British Gov. 5Ha..ll, 1,1921
British Gov. 5H ..11. 1,1822
Canadian Gov. 5Hs., 8. 1,1921
Canadian Gov. 5 Ha. 8, 1.1929
Cndaby' Packg. 7a. ,.i 7,15.1926
Inter B. T. 7t. 9, 1.1921
Japanese Gov. 4 Hs. 7,10,1925
Kennecott Cop. 7s.. 2, 1.1980
Ligg. Myers Tob. 6s, 12, 1,1921
Molina Plow 7s . ... 9, 1,1920
Molina Plow 7s . . . . 9, l,19tl
Moliae Plow 7s 9, 1.1922
MoLine Plow 7 . . . . . 1,1028
MoUne Plow 7 . ... 9, 1,1924
Nor Pae. Ku Tr. 7s 6,16,1922
Pacific Gas lec 7s. 6, 1.1925
Swift 6s 8.15.1921
U. si. Kubber 7s.... 12. 1.192$
Stocks, Bonds, Cotton, Orain, Etc.
$16 in Board of Trade BaUdiag
Overbeck&CookeCoe
DIRECT PRIVATE WIRES
TO ALL EXHANGES
Members Chicago Board ef Trade ,
Cocrespoadents
- Cbleaxo
of
Lsgaa Bryan
- New Tork
3togkMmket
rapiGg-g-
Wall street odds on' Harding drop from
to X to 2 to 1 as result of suffrage
victory In Tennessee,
" Morris & Co. sells $15,000,000 10 year,
7 per cent notes jto Chicago syndicate,
R. O. Dun A Co reports 15 commer
cial failures in United States this week
against 1(5 last week and 104 last year.
Dun's review says while no single ele
ment fully accounts for the continued
hesitation In business it is even clearer
now than recently that price question
remains the dominating factcr In the
situation. . .
Deflation has bit Japan,, China and
the Far East generally. South America
witnesses the brlak In -coffee, wool,
hides, .rubber, etc.) t
A story is circulated In Influential
speculative channels of the street that
important interests have been trying to
accumulate a large line of Baldwin dur
ing past 10 days, j - - ,
" California Packing company declared
usual quarterly dividend, $1.50 on com
mon stock, dates September 15 and Aug
ust 31. . . ..-:
Delegates at Minsk conference reject
Reds' terms for disarmament of Polish
army unless Russians themselves : dls
Lrm Corporate! Finance
Light During July
. "Corporate financing in July was much
lighter than in the preceding month for
both railroads, and; industrials, btft there
was an increase in public utility financ
ing;," says the Wall Street Journal.
"Total of all classes of securities floated
In July was $215,661,000. compared with
$363,795,270 in June, and $347,709,63$ in
July, 1919. This isl considerably less than
half the record made In April, 1920, when
total. financing reached $591,281,300."
. a t i $ ' s
New Incorporations
Articles of incorporation filed with the
Multnomah county clerk : J. C. Oster
Motor company, Portland, $50,000 ; ! In
corporators. J. C. Oster, Charles A- Paul
and W. S. Wlestrand. R. 8. Shaw Lum
ber company, Portland, $25,000 : incor
porators, R. S. Shaw, A. O. Nelson and
A. w. isorniaa.
Belgian spinner
have found that fcot-
ton grown experimentally
in the Con co
Is excellent as far
as length and strength
of staple are concerned
but slightly yel-
low in color.
: FOURTH ST' WASHINGTON ST '
: ' ' r i - - :
: I it i : , . ' ' - 1. II
I t - JIM
i - Quick to Serve 'if
ilia immi n
I FOURTH AND WASHINGTON STREETS jjj
Hal i OPEN SATURDAY EVENINGS OTP 8 j ?
, i . - '
r - ! n
Foreign Busineoo
Much attention is being directed at the present
time to export business. This Bank has a number
of foreign branches; as well as close working
. - arrangements with banks of the highest standing
in many other countries which enable it to offer
special facilities in the financing of trade with
foreign points. ; j.
THE CANADIAN BANK, OF COMMERCE
Portland Branch ; Fourth nd Stark Sts.
Cnr,r: "
Arm . . S
"efff- JVU
e. 1
. r "ov
.
IMPROVEMHTIS
SHOWN ON MARKET
The. Investment market has shown
distinct improvement, owing to the
development of a broader inquiry
for high grade investments, foil cay...
ins;-the disbursement last month of
the usual semi-annual dividend un1,
Interest payments. The public re
sponse to the .offerings of the for
eign countries and the high class
loans thin country has offered shswi
that a really safe loan at a price to
yield an income from 7 ft to 8 per
cent is finding increased favor with
American investors.
"'This Is a development of high Im
portance," states- a . prominent financial
authority, "and means that Investment
conditions are Improving and that , well
selected securities offered at a price to"
bring the buyers a return equal to the
prevailing rate of the money market
will find a reasonably quick sale.
"This is not strange in view of the
extraordinarily low price at which the
beat securities have been nelllns; wince
the huge reconstruction demands have
pressed heavily upon the one market of
the wyrld which has been able to make
the necessary advances. That the bond
market has been free from inflation Is
apparent from the fact that the avfrage
yield on 20 high grade railroad bonds at
the middle of July was nearly 6V4 per
cent, as compared with 5.48 per cent a
year ago and 4.56 per cent at that date
In 1913."
Oorvallis Mill Gets
Right to Sell Bonds
Salem, Aug. 20. Corporation Commis
sioner Handley has. granted a permit to
the Fischer Flourtns- mlllH ofCorvaIlls"
for the sale of $150,000 of first mortgage
bonds In Oregon. The company ia capi
talized at $500,000.
) Permission has aTno been granted to
the Miller Mercantile company of New
berg covering the sale of $20,000 in bonds
In this state.
j - ' . Lino Would Issue Securities
j Washington. Anar. 21. it. P.) The
Chicago, St, Paul, Minneapolis & Omaha
Railway company today asked the Inter
state Commerce commission for author
ity to isaue $1,720,000 worth of securities
to run 10 years at 7 per cent, i
i ICff
JUSf'.L. . O
rrf - KfJOts, .
Olir
" i