Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 25, 1920)
THE OREGON DAILY JOURNAL, PORTLAND. OREGON NEW ZEALAND STORAGE BUTTER 3PLD TO LOCAL MERCHANTS REDS' FLIGHT : HELPS MARKET Kdltedby Will P. Hessian WEDNESDAY, AUGUST 25, 1920. ( FOREIGN BUTTER TO ENTER MARKET A large shipment of New Zealand but ter is to arrive in the Portland market before the winter la over, according to Information rained Wednesday j from Portland dealer, who haTe already placed their orders. Agent for the New Zealand creameries are selling the but- K4 cents. o. b. San Francisco, which means that the batter can be laid 'down in Portland for 6ic. and will probably be sold on the market, here for- 55Hc wholesale. I - - Finland Jobbers for a lone time have bB dissatisfied with the nudity of ths batter rnaiie In man ' country - creameries adjacent to the city ud have thna eeixed the tint 1 opportunty te art a cheaper priced hotter, which l eoaf antci to them to b first duality. Tbfa ac'ion of raiiTM nii a great loa to Oreerm eream-ry mm. hut in tha end it may result m benefit V, the conaunvr. a it will probably - raiaa tlx score of country creamery butter, i t About 6.00O.90O pounds at New Zealand batter baa been reload by tha English KOiern mmt and ia being offered to this country.' It hi geoeraQy understood that interests lit and round New York city have already purchased abtmt bait thla supply. . . One Portland creamery man aaid Wednesday that he did not think the lmporUlon toi tbia batter thla season would effect the loeal twaritet. aa there la sn actual shortage. Tha public ; ia e-nsumios more - butter today then they ever did before, e'ven at tha advanced price. He predicted tha tha Naw Zealand butter would affect tba price of lor a) storage butter, but eaid he doubted eery much it it would tare "any aid effect oa the price ot high score fresH creamery batter. - i ' Another advance in the local Twarket la anticipated! within a few daye. The! market displayed a .very tiraa tone Wednesday, if the advance iconise it will probably be atotmd So or o Ir spound. The San Francisco market "advanced 1 -0 Wednesday.- ind tbt Seattle market showed a very tiraa tone. ; ; : Parsons desiring lnforroatloo regarding any market should write tha Market Editor. Oregon ? Journal, enclosing stamp tor reply. . ( ; TEalImAWeAs IS BAD SPAPE Portland real- maraet UMb bad shape, i WTlole aale heaM bare plenty of real on band, but the butchers refuse to bnj. The TJm hide market has drWdsolw at4,waloors declare they cannot rssfe anrnrotit on Teal. Inntead they are encouraging ..the sale t of beef, lamb and mutton. The rket Wrfjieaday cm top alUy stock we about 22e43 . with practically nothing moving at that figure., Bough heavy real did not sell at all. eren wben of fend at 12 Ha. XercbanU declare the wb aale aelling price tnuat drop to ISo before butch era eaa handle real profitably. . i j CHICKETf MAEKET VERT FIRM . A rery firm tnne rutoa In the chicken market, with the demand equal to the auppiy. j , - - . . a '. I " ' s . 00. ARRIVALS lit BAD 8HAFE Ecsa era arrlrinc en the Portland market in eery poo condition. One dealer Tuesday, after candling two case, found that he had but one good eaaa left Tha remainder .were acond or V' : BASKET CORN NEEDS; RAIN; mttati. Ken are being neia too ions country for thla time, of year. in- tha BRIEF KOTES OF PRODCCE TRADE Taurt car Tnrlock cantaloupee reported to he rolline; thia way. - j j Snpply of Tba Dallee tomatoes commencing te nakn. Takiiam oantaloupea tion. Krat pumpkin - of aeasoa pound. i ' ' 1 Temparary aearclty Orarenirtein apples, OtU- fomiaa about gone, and locals' not quit ready. Peachee firm at $1.K32.0 per box. Uottolene doclined Bite per case. arriving In good , ondi- aellmr at : So' per ! WEATHER "NOTICE FOR SHIPPERS Weather bureau adrlnea: Protect ehipmenta during tha next 88 houra againat the following maximum temperatuna-: Going north, 75 de grees; nortaeaat over S . P. A S. R. 8.J 02 de greee: at to Baker. 02 degreee; and south,! to AaUlami, i degrees. Maximum temperature : at PuTtiand tomorrow about 80 degreee, WHOLESALE PRICES IX PORTLATtD .These are prices retaiina pay wbolesalen. ex rtVt as otherwtaa noted: I . t Dairy Product ' ... " . ; -' .; : BUTTER Selling price, box lots: Creamery prime, parchment wrapped. 61e lb.; prime, firsts, to lb. , firnta, 58c lb.; smaller -loU at an ad ranre. Jobbing prices: - Cube extras, 66 a 68 He: fiista. 64c. - i ' a BITTERPAT Portland delivery basis. 64e; eontitry tation, P9(60e. - OLEOMAKGARINE Best brands, ,40c.; ordi nary, 88 Mc; baker 83c; nutmargarinsw 1-Ht. carturrs, 8-'c per lb. I i THEESE Selling price- 1 Tillamook, freh ftmrnti fane trinleta. 82 A 89c ner lb.: Toung Am.-rica. 4a5c. Prices to jobbers, f. o. b.v Tillamook: Tripleu. 28c: Toung America, sue. rk'lling prtcee: Cream brick. 40 42c Selling irice: Block Bwiaa, 484c; limburger, 40 2rnr lb, --j- EOOS Buying price: Current reeeipte, 47 ROc; candled, selling price. 88 056c; select, -&c'rr down. .... LIVE POULTRY SeTHng price! Heary hena, 2So; t tight bens, 1820o; springs, 2T31e; old rooeten, 1 Oo per lb. ; tnrkaya. lira. ( ) t dcka; 8O035e lb. -Freih Vegetables and Frurt PRK8H "PHUIT Oreagea. 8T.O08.S0 per boa : . bananas, 11 6 12c lb.: - lemonn, $4,800 B. 50 per crate; grapefruit, $.V00 B.Ort ; canta Imipn, California SUndard, $1.75 T 2 25; pony. $1.2591.50; flaw 50 T6e; Malaga- grapes, 83.258.50 per crate; aeedlesa grapes. 82.75; peaches, 2.00 2.25 box; peach plums. $1.00 eyl.no cmU; paara. $ 50 5.00. APPLES New. $1.0001.50. : DRIKU F&UIT Dates, Dromedaries. " $7.50; Fards, $4.00 per box; rigs, $2.5006.00 box. ONIONB Selling price to retailers: New Walla! Walla. $1.50 01.75; garlic. 25c per lb.; green Onions. 25 0 40o- doxen bunches; onion aeU. 17?1 to.- PiTTATOKa Selling price: Oregon fancy. $2,25 92.75. . f BERRIES Blackberries. $8.80 crate. " VB;ETABLES Turnips, $S. 50 sacks car rota, $4d0 aack: beets. 00c doaen bnnches; leu tuce.' $1.75 crate; cucumbers, 25060a box; tomatoes. 75c 0 $1.00; egg plant, 7 e per. lb.; broccoli f ); bell peppers, 12 He: celery, $1.25 doaen: string besna, 8c per lb.; greea corn. $1.00 01.60 sack. Meat end Prollons 8 C0TJNTRT MEATS SeUlnf price: Country hogs, 88 0 24o-lb. for top blockers; heary, age; eel 22 0 23o heary real. 16c lb. . - SMOKED afKATS Ham. 42 04ffo per lib.; breakfast bacon, .42 0 58c; pionice. 26o per lb.; ottage roll. 8o per lb. . : . j IaARD Kettle gendered. 23a lb.; tierce buU, eompoundV SOc .- .. . ,' . j . rw and ehalinth i - FRESH FISH-Salmon. freeh Chiaooc. .17 0 ISe lb.: balibnt. fresh. 22 24c per- lb.; stur geon ( ); black cod, 10 0 lie lb.; kippered salmon. 82.50 per lO-lb. basket; kippered cod. $2.85; raaor clams ( ) crabs. s4.Tftlf,ia doses; ling cod. 08o lb. ' - arocerle 1 . SUGAR Nominal prices, refinery baaia: Cube;- $22.10; fruit and berry, $21.25; D yel low, $20.'65; granulated, $21.26; , extra. C i:i.80: golden C, $20.76. - HONEY New. $7.00 C 7.50 ease. 1 MICE Japan style, No. 1, lie; New Orleans head, ( ); Blue Rosa, 14 e Per lb, SALT Coarse, half ground, lUOe, $17.25 per ten: otK $18.75; table dairy, 60s, $27.2; bales.. $3.300 4.00; fancy table and dairy, $31( 50; lump rock, 28. 40 per ton. - B.ANS galea b iobbers. Small white. 7Ht lb ; large white. 7e lb.; pluk. 8 He lb.; iiiu, nic; oayou, 11 e; reos lc; wre gen beam, buying prices, nominal, 5 He lb. i : I AN.NED MILK Carnation. $ 50; Borden. $6.50; Aator. $.40; Eagle. $12.35; Libby. $0.50; Mnant Vernon, $tj 40 per case. . Uoaated. 84 048e in- sacks or drum. SODA CRACKERS In bulk, 20o per lb. I -Vvl22,,, , S540c Per lb.: slmnnds. SSc: filberts. 82c in sack lots; peanuts. 14 H 01 5c; leeans; 2fte; Brasils, S5o. i Rope. Palm. Oils I HOPE Sifal. durk. 18He; whiU. 20c lb.: stendatd Manila, 2 He. ' i LINSEED OIL Ksw, ibbls.. $1.8$ .1, . kettle boiled, bbls.. $1.71; raw. eaae. 81 84 boiLd. case-. II M gallon. . " 9l'"' COAL OIIv Peari or waur white In drums or iron barreU. 17 He gallon : cases. 80c net saltan . - 1 1 1 . eiiuu. Stocks, Bond. Cotton, Grain. Ete. 118 . il? Board of Trade Bdlldil- Overbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXHANGES Memberg Chicaro Board of Trade , VXTASU PRJCEJa A real Call aim was diaplayed In the wholesale market Wednesday ' when groldea yellow pumpkins mad their ini tial appearance for the neaaon. -Indications are that ; there . will be plenty of pumpkins thla year.,; , j Local tomatoes were seen In a more liberal auppiy during . the day, which me&he that it will not be Ions before thla product will be cheaper. Supplies from The Dallea are commencing; to dwindle. - . f Potatoes are reported to be cheaper at points outside of Portland than they are around the city. ' . j The sugar market Is stilt dropping- tn the Bast, but Western refining interests are holding up their prices. None Of the local wholesale houses are. buying any more sugar than they need, because a sudden drop in pries la anticipated. i Sweet potatoes are now In the market, but they afe selling at a rather I high figure. ;i ) r;;-;- Oreen" corn continues to be sold on the Yamhill street public market for o to 50 cents per dozen, when It Is It to 91.50 per sack in the wholesale market. ! The following prices rale generally in retail (hope for good gnality. Some eatuea are frac tiotialiy higher ; and Inferior stuff fractionally Itwer. ' .,..- ..,.U; j : Hutter Best creamery, 85 0 70a, i M Eggs Fresh; laid. 60a per dozen; fancy freeh, 65e per dozen. '"''' I Poultry Chickens, dressed, 8S40e per Ihj ' Vih-talmnn 91U tm, II, ? fcalitmt ' XfW IK. i Flour B 'local patent. tS.20 0 4.SO Per ; 49 rbs. Potatoes-Burbank". 45e. Onions Dried, SH04e. 8trawberri- Oreg in, 20o per has. llackbernea-2Uri per box. Green earn. 80s to 60c per doaen. -:r ij , e Grain Prices Start Higherto Chicago (Thicaeo. Auft. - 25. ft N. HI Rnin oa the board of trade today closed - generally lower to a nervous and mixed trade. Fluctuations were rapid throughout the session, starting: strongly higher at the outset, reacting later on, closing with a lowering tendency. I December wheat finished HY to a higher; taron was e lower. i t Corn was IV lower: Tec ember. ln down and May 1 to 2c off at the close. September oata aispiayea s acot situation ana einsea m H e higher. December, oats, e lowtr, and May e,c down. . I Hog products closed lower with the excentiog of January, lard, which averaged 6o higher for tne oay. ? i . ., j I Wheat futures disnlayed a firm tone! at the outset on good buying by commission houses and rirms witn seaooara connect ions against sales of cash wheat for export. But with tha break m corn. wheat eased off and finished ia an unsettled condition for the day. : i Corn futures broke sharply at the clone from early gains under liquidating sales. - The weak ness in tne cotton market was s factor in en- con raging bearish sentiment. li I SeDtember oats dosed hisnar while the d ferred futures wete lower in lympathy with the oreax in com. I- Prorisions closed lower with trade nght- Scat tered selling offset the demand. Weskness ia nogs was tne etual reason (or lower nog prices. i. . . . ... . , . , T Chicsaw. Aug. 25. tl. N- 8 With acat- tered oommiasion bouse buying and leek of aelling pressure wneat started e to lo higher tor December and le hie her for March. i Corn opened unchanged to He lower for Sep tember, unchanged for December and unchanged to He higher for May. Trade waa light and mixed. ) , ! JOata started with scattered buying orders and moderate volume of business. Oata were H e higher for September, H 0 He up for December and 4 He up for afa. r t Prorisions were loweied on scattered aelling D rout; in aoout oy tne weaxneaa ia nogs.. .1 1 . . . h :- I Range of Chicago prices furnished by Cnited Press; .1 - ... li - ' WHEAT - -: " I ;'l:-"i -f Oren.: Hie-h. . Low. i . .1 . . 233 235 - 282 H . .... 282 234 228 H i.r CORN i 14 147 H 144 ! ...... 1204 121H 119H I - - t. . t OATS September '. .,... . 5 H 7 86 H December ... . ; 7 H 67 H 66 Hi - - FORK SeDtember .... 242 5 2480 2416 2425 October....... 2525 2525 2516 12520 I ' ; - LARD September .....1810 1810 175 , 1SOS October, . . . .. . .1842 1847 1830 1885 I ! i RIBS Sentetnber 14 70 1472 '1485 P1467 Octobera .....1517 1571 "1602 1507 RANGES ALSO DRY 6UTS00N GOES UP SHEEP PRICES UP December March . .. September December . the Closet 233 H 230 H 14H 110 H H 66 66c; DAIRY PRODUCTS OF THE COAST I- Los Angeles Market ' Los Angeles. Aug. 25. (L N. B.)-r-Batter, 66 He. i, F i Eggs Fresh extras, 60c; case count. pullets, i&Oe: peewees. 81c ! I Lire ipouitry Hens, 25 032c; broilers. 810 84c; fryers, 82c. -- ,, I - I I:- - 1 Seattle Market V': ! I - Seattle. Aug. 2 5. (L N. S. ) Eggs Select rancn, dbc -,i h i Butter City . creamery extras, 60 0 flic. I Cheese Ore ton triplets, 3O0S2c;i. Toung Americas, izr. ! San Franolsos Market I San Francisco, Aug. 85. (U. P.) Broilers. 88 a 40c; large - hens, 88 0 40c; best ducks, 225e::..f':f, ' ;! ,..H-.-... j.-.i1"- -. POTATOES ALONG THE COAST ..A 4 Lea Ansaies Market I Los An re I Aug. 25. (1. N. ,S.) fPotatoes Early and Whits Rose, fancy! No. 1 mostly $1.35 01.50; No. 2, 7 fie $1.00 lug; sacked, No. 1, $2.5003.00; Stocktons, fancy Ifurbanka, $3.50 03.75. - . f..--1-- SsotUe Market "-..; r I, Seattle, Aug. 25. L N. .8.) Potatoes Kennewiok. $2.50; local White, $2.50 0 2.75. I - . San Franclseo Market ' t Ban Francisco. Aug. 25. (U. P.I Potatoes River White. $2.750 8.00; swseU, 7H sc. , . - I Onions Tellow, $1.60 1.75. , Field pea- 6c- H x i - ' a " "' ' ii - Chicago Dairy Prod nee I Chicago. Aug. 25. L N. S.) Butter' Receipts 11,898 tubs. Creamery extrs 63 0 56c; extras,; firsts, 49 0 54c; packing stock, B540He;- a- r:-" ! Eggs Receipts , 94 82 ' eases. Miacsllsneona, 4 4 4 6 H c ; ' ordinary firsts. 42 048 He; firsts. 48 0 49c; checks. 88 0 85c; dirties, , 87 0 88a. Cheese Twins.; new. 2ft H 025 e J daisies, 26026He;t Tonng Americas, 27e; long horns, Z7c; brick, 28HC; . - ( i- Live ' poultry Turkeya, 45c; chickens. 80o springs. SSc; roosters, 24e; geese, 22 0 25c; ducka. 83c f : , : - T f Potstoee Receipts 85 cars. East lOobble, $5.25 0 5.35; Jersey Cob blen, $3.25 08.86; ounnesota, $2.76 02.85. f Besna Dried Fruit sad Beans New Tnrk. Ann. 9S- 1 1 M SI !,o quoiatioiM. . ( Dried Fruits Market quiet; apricots, extra hoice to fancy, 230c; artlea. eeaporatrd. prime to rancy,. 13 018 He; prunes, 80a to 60s. Il7H025c; 60s to 100s. llH018Hc; iwarnea, extra cnoice to tancy, 19H21HC seeded raisins, choice to fancy, 23 H 0 85c lbs. , Correspondent of Chicago Jrgan Bryas TorS fl He; engine distillate, icon ban els, l$c; WHITE LEAD Ton lota, 15c: 500 10 e per m. . . i. . TURPENTINE Tanks. $2.28: cases. 82.41- 10 case MJts, le each. i ' Hons, Wed and Midas ! HOPS Nominal, 116 crop, 70c pound. HIDES Bait hides taM weighu) . llc green bides tail weights, 0c; green or salt calf (un der 15 pounds), 2O022; green or salt kip 15 lo 80 lbs.). 12 015c; salt bulls, tte: sreen bulla 7c; dtf hides, 20c: dry. salt hides. 15c; dry calf (under l ion.), zoc. ''-! I- SALT HORSE HIDES (Large). 84 each nalt horse hides -(medium). $3 each; salt horse jBides (xrasuj. S3.00 each. PELTS Dry fine lood wool pelts, 15c; dry medium long woo pens, saci ury coarse long wool pelts, 10c lb. : i . SALT PELTS Sslt long wool Delta. 82.00 as 8 OO each; salt lamb pelts, 60076a each; salt ihearUncs, Zo W 0Oc eactt; salt clippers, 16 aa 25c eacbl ' k.. ' ... J MOUAIR Long. 25c; short, 15e lb. I TAU.OW, AND GREASE No. 1 Uflow. 7e; No. 2. 5c ' ! CASTA RA BARK New peel, ft He lb.; old Ipeei, iiic per in. HOTEL HOYT Strictly Pir-proor. Near Both Depots and convenient car service to all parts of the citji ; Single Roe ma Without Bath, $1 grid up Slnole Rooms With Bash. $S .and hs ' KLBC.RT a. ROBE -v " v Manager HOW WHEAT BCLED Bid. OaJaLntg. Hard white ,.tX Nose- Soft white :.tA 1.. He Wait elab tJ Hone Hard winter tit , !T oas northern spring tJtt -K one- Rod Walla . . n . . ...... . , tt r ICone N0RTHWX8T UBAM RECEIPTS -Ca-si Wheat. Barley. Floor. Oata. Hay; PorUsnd. Wed. , . . l . . ; i J I , . . 1 Tear ago . .... 87 1 I 8 -L, ' 8 Season to date... 21 01 17 123 I 80 18$ Tsar Sgo , .. .1146 69 103 148 811 T acorn a Tuesday. . , 3 i , , j 6 f i . , I Tsar ago 80 1 .!.. i. ' T Season to date... 418 12 159 11 109 Tear ago,.... 613 48 .j.. 84 17 Seattle. Tuesday.. 82 2 . -1 17 Tear ago .... 84 2 I 2 2 Season to date... 227 51 SS . 1 218 Tear ago..... 422 67 172 99 22 Notice was potted at the Merchants Exchange at noon Wednesday that a dlseonntv of t, cents per imI wo old be taken on all dsllrerlea where sacks were la poor condition, and a dlseoaat of 1$ cents per $aek where It l$ j necessary to re$ack wheat. .; :J .-'! Summary of weather and crop condi tions tn Oregon, for- the week -ending August 24, as compiled by Edward L. Wells, meteorologist, follow : i ' j The days were generally warm and the nights moderately cool, with light frost in some elevated localities. High, dry, northerly J winds prtirsiiad st the beginning of the week. Except for; s few very light showers in northwestern counties and along tbe coast tns week was rain I waa in parts of Southern Oregon the drought s eerimia. raaultinc in considerable injury to vegetation and in shortage of water in, walla and sprinss. Forest fires were ' somewhat more troublesome and at times the air was smokyi ' ' Oereala ..- i : Harvest is searing completion fin most lecrt ins except in the ease of aome late spring wheat and sets. Threshing progressed without Inter ruption. In daces wheat ia found! to be. shriveled. Corn needs rsin, but in most localities is doing fairly well. Some corn in elevated districts was Injured by frost. Pruees are drooping . badly in places, and are beginning to ripen. Harvest of Bartlett pears is la progress. Evergreen blackberries ere plentiful and are beginning to ripen. Huckleberries srre being gathered in large Quantities. Apples are growinc well. " ! ' Cutting of the second croo of alfalfa ia com. plete except in the more elevated districts. Where sufficient irrigating water ia available tbe third crop is growing well. Unirrigatsd meadows are very dry. Most second crop clover haa been cut. Pastures and ranges are very dry but except ever' limited areas stock ii doing weu. :. ' ; Mlteellaneous j .. Lata not a toes need rain : others are mature. Hods are maturing well, and rtckine will beain in about s week. Watermelons I and esntakmpes are in market. Sunflowers, grown for enniisge, are blooming. Besna need rain.; Some gardens in ale rated localities were injured by frost. FLOUR Selling prices, mill ; door: Pitest, 812.95: Montana erring wneat; 818.25. Wil lamette valley brands. $11.20 local at.-sight, $10.80; bakers' local. $12.95 018.25; graham. $10.80; whols wheat, $11.05. 1 Prices fcr city deliveries 15o extra; suburban, :20a: extra : HA V Buying prices, nominal: j Willamette timothy, fancy, $23.00 0 29.00 per! ton; vetch. $z;i.uu; cneat. gzv.uu; straw, jiu.nu; riover, $22.00; grain. $23 00; alfalfa. .$24.00 0J5.VO a ton. ! I- ORATN BACKS Notninat New! crap delrv. ery: No. 1 Calcutta. 11 01$cc domestic f 1S in car lorn; less amounts higher.! i ! M1LL6TUFFS Mill run at mill. : sacked. $59.00060.00. ' 1 OATS Per ton. buying priest Feed. $48.00 049.OO. j -. BARLEY Bovine orice: Feed. 847.30 0 $48.00; milling, $46.00 47.09; rolled barley. aellinfc price. $57.00 (g 68. uo. ! I SEED Buying, price : - Bed clover, rec leaned SOo per lb. .. - . . -. v ' Merchants' exchange bids: .. J i ': - WHEAT ;;l''T'''-iA Sept Hard White ........... 2.1 Soft White 231 White Chib 230 Hard Winter . . 239 Northern Spring........ 289 Red Walla No. 2 White . No. 2 Gray . . Brewing Standard feed No. 8 Yellow No. 8 Eastern (bulk) , 229 FEED OATS Aug. ........ 4800 4 300 BARLEY I . 6100 ........ 5050 CORN S400 Oct 1231 i 230 1280 230 280 229 Not. 280 229 229 229 280 228 6450 Sept 4800- 4500 -1 - : 4S00 4800 ' r",J - 6850 630O Oct- 4750 .4500 4750 4750 6200 6250 COTTON MARKET STARTS LOWER i WITH PRACTICALLY KO SALES ' New York, Aug. - 25. Thei cotton market opened "15 points lower today. Trading was not active and there was little laaturo aside from selling by the South. At tBe end of the first 15 minutes the market was about 85 points net lower. - ----- t- - Shorts continued to cover in the last hour and the tone remained ateady. - Final ; prices were 16 to 6U Dointa net lower. i V i Fumialied by Overt) eck eV Cooke Co.. Board Of Trade bulldini. .. i l r I ODen. High. Low. Clo. January ". i". ..... 2538 - 258 8402 2490 February .... L. .. 2480 March ......... 2500 2503 2380 2470 April ......... . Sa . ... . . i. . . . ;r2060 May ........... j.2470 24"o ES33 2455 June ..... ,f . . . . . - 2440 July 1. 2400 "2405 8390 2495 September ...... . L: . . 2775 October, 2744 2740 -2625 .2705 November .... . 2650 December ' ...... 2610 26 10 , 3480 255S New Tork spot market. 3350 unchanged. - . a i !-,,--;.;;- Liverpool Cotton; Doll Liverpool. Aug. 25. (1.- N. B.)4-Spot eotton was dull at the opening witn prices irregular. Seles, souo bales. 1 American mid. fair. 28.08; good full mid.. 23.82: mid., 22.58; low good ord., 15.83; ord., 14.33.j Futures opened iteady. I MARKET OPENS OFF and ItseuWio mid.. 28.83: mid.. 18.78; Spot Cotton Q slot New York. Aug. 28. (L HI Spot eot- ton was quiet and unchanged today st 88 He. No salsa. . ; . : -:.- i --f.l.: New York Produce Market "tl" New York. Aug. 25. (L tt. S.) Butter Market firm; creamery extraav 6SH059He; cresmery firsta. 51H067Het higher scoring, 57H069Hc; state dairy tubs, 456He. Cheese-T-Varket firm, 28 328 e; state, whom mi At specials, 26 H 0 21 He;7 Wisconsin, whole milk, fancy I'oung Americss, 28 H 29He; state,- skims, specisls; 'IB H 0 17 He; skims, choice, 15 016c: fsui to gnod, 12 0 14 He . ! -: : - - Ebcs Market firm: nearby white fancy. 71 0 74c ;TieTby brown fancy, 62 0 66c ( extra. 690 00c; Ilrsu, 0J e oac i New York Metal Market New - Tors. Aug. 2. t! Nj &)- Nj a) Metal Drices: Coprer. weak; spot 818.00 018.90: August, $18.00 018.75; September, offered $18.80; October. $19.10. t I n . Lead Weak; spot, offered $9; September and' October, offered $8.75. ! . Spelter Steady: spot bid 'August $8,09 0 8.20; October. September and .November, $8.03 0 8.26. .; - .-; - -j : I . -. f ; ? ; .. New York Hide Market j i New York, Aug. 25. (L N. B.) Hides Market dull: native steers. 25028c; branded steers, 23 025c- - m . , i !. : , . i i , -...v. ''' 2 -- if ; New Tork-Londoni Silver i New York. Aug. 25. (L N1 8.) Bar afiver waa Quoted today aa follows; Domestic, un ohanged at 99 He; foreign,' -unchanged at 97c London, Aug. 25.- (L N. 8.) liar adver was Hd higher todsy st did. i Naval Stores Market ' New Tork, Aug. 25. L N. S.) Turpen tine Savannah. $1.47; New Tork. $1.60. Rosin Savannah, $13.60 V j I New York, $14.75. i - : j ':. i -foreign Bond Market i Furnwbed by Overbeck dt Cooke Co.. Board ot Trade building: A. F. 5s Oot. 1920 V. a. Ha. Nov. 1U21 .. .i. Paris 6s Oct. 1921 ....... ;U Ruscjan Extn. 6 Ha 1921 .1. Ru-sian Intl. 6 Ha 1926 ...,). Don. 5s April 1021 , Dom. 5s April 1931 ....... ,i. Dom. 5s- April 1926 ........ Item. Canada 5s 1937 . . . ... i j. . D. K. 6Hs 1937 ..... .u Bid. - Ask. 99H ,BH 90 90H 90 91 H 24 , - 2$ 23 1 i 26 98 H 4H 84 H 88 B74 I. 88 H B1H S2 i New Verk. Aug. ITS -(1. M. S.) The stock market closed aeswy today, fteawtsana of 1 to points were oerrersl In nearly all of the wast ing Issues. Steel esmmen fell IK to 89 V I Baldwin Loosen ovlva, nearly 2 poirru to JOSH, ibllo Steel. 1,MU SB. ends ttitchanesdi railway and Total soles of stocks todsy were B9S.1 OO shsres; bonds, $8,979,000. - New Tons. Aug. 25. (L N. S.)--The advance recorded In the stock market; to the final trading yesterday waa not maintained at the opening today. Profit taking. In those Industrials which made the sharpest advances caused , slight losses in early dealings, but these were followed by another upward movement. Steel common sold at 89, s gain of H. Baldwin Leoomotiva, after felling to 109 H. rose to above 110. Crucible Steel advanced 1H to 139 H - Republic Steel dropped . nearly 1 point to 85 H . - The rails generally showed a strong tone. Southern Pacific being most active sad advanc ing to 95 H. Beading, after dropping to 91 H. rose 1 point - Pan-American Petroleum sold down 1 H to 88. Mexican Petroleum dropped lH to 161 H. but quickly recovered to 163. The Marine issues were in demand. Marine common advancing 1 to. 26 sad preferred 2 to 77 H . Corn Products rose' 1 point to 90. - Southern Pacific attracted most attention during the forenoon trading, that stock advanc ing from 94 H to 96 H. Other railroad stocks were moderately strong, Canadian - Pacific ad vancing 1M to 120 H sad Reading holding around its early high. 1 New Haven rose 1 point to 34 H. Many of tbe industrial issues showed a lack of demand after the . start sad some recessions were re corded.. Republic Steel was under pressure fall ing to 84 H . Steel common ranged between 89 and 90. Baldwin waa active and after its upturn to above 110 reacted to 108 . . . Furnished by Overbeck ' A Ooaka. company, Board of Trade building. INSCRIPTION: Ajax Rubber ...... Alaska Oold ...... A Ilia Chalmers. .. 4 Alloy Steel .....' Am. Agr. Chem. ... Am. Beet Sugar. . . Am. Can, e. ... . . Am. Car Fdy . . . . . Ann Cotton Oil. . . Am. Hide A 1, e. do. pfd. Am. Int. Oorp. Am. Linseed, , ... Am. Lcoa., c... Am. ' Ship A Com. Ass. Smelt., e. . . . Am, Steel Fdy.... Am. Sugar, e. . . . , Am. S. Tobacco .-. . Am, Tel. A Tel. . Am. Tobacco. Am. Woolen, c. , . Am. Zinc ....... Anaconda Min. Co . Atchison, c. ..... . A. G. A W. I.... Baldwin Loco., c. . B. A O., c. ..... . Beth. Steel, B.... Bosch Magneto . . . Butte sad Sup. . . . Cal. Packers' Assn. . Cal. Petrol., c.. . . Cal. Petrol., pfd.. . . t anacuao Pacific . Central Leather, e. Oerro de Pasco .... Chandler Motors dies. - fc Ohio. .-.-. ChL Ot Wast., r-. . ChL'GL- West. pfd. t-ni. ai. St. P. Chi. A Northwest. . Chile Copper . ... Cbino Copper CoL Osa A-Elec. Colo. Fuel A Iron . Consolidated Gas. Corn Prod., e.... Crucible Steel, e. . CoL Grsphophone . Cuban Amer. Sugar Cuban Cane Sugar. Den, A Rio O.. e. . firm. eV Bio O.. DfA Erie, c ......( Krie. 1st pld. . . . Fiske Tire . ; , .e . Oenersl Electric . . General Motors . . . Goodrich Rubber . Grsnby Cons. . , . Great Northern Ore. Great Northern Ry. Gulf States Steel. . Ice Securities . . . . nimots Ceatral Industrial Alcohol lnspirstian Copper. Int. Paper - , . . ... Int.' Harvester . . . . Int. Merc. Marine, c Int. Merc. Marine, p. int. Nickel . . . . , K. C. Southern, Kelly Springfield Kenneecott Copper. Keystone Tire . . . . Lackawanna Steel. Laskey Famous Play. Max wen Motors, c . Maxwell M., 1st p. . Middle States Oil . Mexican Petroleum . Miami Copper ; ... Midvale Steel ... Mo. Pacific, e... do preferred . . National Enamel National - Lead v , . Nevada Cons. ... . . , New Hsven -. . N. T. Alt Brake. N. Y.: Central. ... Nor. A- Western . . Northern Pac . i-. Okla. Ref. A Prod Pure Oil ....... Pan-Ab. Pet., c. . Penna, Ry. . . . . . . Peopled Gas .... Pierce Arrow ... Pierce Oil ....... Pittsburg Coal, c. . Pres-ed Steel Car, c! Puuman . . . . . . . . Ray Cons. Copper . Ry. Steel Springs.. Reading, c. Royal Dutch ... Rep. I. A S-, e. . . Retail Stores Rock bland, e. . . . do. pfd. "A"... do. pfd. "B". . . Sinclair Cons . . . . . 8taas Sheffield ..... Southern. Pacific . . Southern By., c.t Strom berg Motor... Studebaker, c . . . . . SheU , . . . .. . St. I. A 8. F. . . Swift A Co...... Term. Copper.... . Texaa Oil ....... Texas Pacif ie ' . , . .-, Tobacco Prod.-... Trans. Oil , . Union Pacific, e. . . Union Pacific, pfd. . Union Oil of DeL . .' United Food Prod. . United Fruit . . . . . TT. S. Rubber, c. U. S. Smelt, A Ref. TT. 8. Steel? c . . , , U. 8. Steel, pfd. . . . Utah Copper . . . . , Vanadium Steel Virginia Chem.. e. Wabash, - A ...... Wabash, B ..... Western Union Westinghonse Elec , White Motors Willys Overland . . Woolworth- ...... Worth in eton Pump Money ......... Total aales, stocks 593.100. Open I High Low I Close 60i 51 I 604 60 1 1H 1H Is 82 82 H 81 H 81 40 ...v. ..... 76 74 75 74 74 34H 33 H 84H 84 135 136 183 135 25 25 25 25' 14 14 H 14 : 14 74 74 74 73 73 75 73 78 71 H 71 68 68 96 97 94 95 21 21 21 21 tr 66 65 65 7 87 "7H 87 115 115 113 113 84 86 H 84 85 96 96 96 96 114 114 114 110 80 H 80 79 79 12 13 12 12 62 53 62 H 63 82 83 81 82 138 142 188 187 109 110 108 108 39 89 89 88 76 78 76 77 86 86 85 84 19 19 19 19 68 68 68 8 28 28 27 27 70 70 70 , 70 120 120 119 119 ) 54 55 64 54 39 89 88 38 88 " 86 85 86 i AS 68 67 57 H ...... 8 23 23 22 22 34 84 34 84 71 71 70 70 14 14 14 14 26 27 26 27 I 54 55 54 64 86 88 36 85 . 78 89 90 89 89 189 ' 189 186 186 23 28 28 23 46 41 49 40 36 H 36 S . 86 V-W ej W . 4 ? 10 IS , 1 13 H 12J 13 20 20 20 20 '27 28 27 27 148 144 148 ' 143 23 V 22 (21 21 57 67, 56.. 56 .. ... ..... ..... 85 81 32 81 82 73 78 72 72 55 ' 55 54 65 88 89 89 89 B8 86 86 - 85 H 85 85 84 64 45 46 45 46 ! 81 81 79 79 . . v . J ......... . 123 I 25 26 24 25 76 177 78 76 20 20 20 10 18 18 18 18 80 80 78 78 24 24 24 23 , 18 19 H 17 18 69 69 68 68 I 71 71 70 71 13 13H 12 11 21 21 19 19 12 12 11 11 162 - 164 160 160 . . 19 "40 40' 89 89 I 28 26 25 25 H , 44 45 44 H 44 I 59 59 , 59 ' 59 i 75 - 75 - ,75 .'-. '75 11 11 10 10 ! 34 84 38 83 96 97 ' 96 96 i 72 73 72r 72 t 92 92 02 1 92 74 H 74 H 73 73 i 3 3 I 8 -3 88 88 88 38 88 89 87 87 41 42 41' 41 28 28 27 28 39 40 88 88 12 13 12 -13 I 61 , 61 61 60- 96 96 96 95 ..... Ill 14 15 14 15 94 94 04 94- 91 92 H 90 90 Rl 81 79 79 86 86 84 H 84 68 68 67 67 85 86 85 35 76 75 74 75; 68 27 28 27 27 69 70 69 H 68 94 96 94 94 27 27 27 27 H 77 77 74 74 84 65 62 62 50 60 50 66 25t26H 25 25 107 H 107 H 107 H 107 9 9H 9 9 47 47 47 47 85 37 35 85 66 67 65 H 65 9 10 9 9 119 120 118 118 65 65 65 65 27 27 ,27 27 60 ; 60 58 58 ........... 193 87 87 85 85 52 89 90 89 89 106 106 H 106 106 61 61 61 60 78 73 71 71 65 65 65 -65 25 25 24 23. ..... 15 1 82 47 47 47 46 48 48 47 47 16 16 15 15 106 106 106 106 ..... ..... ..... 61 7 1.9 7 9 New York Bond Market Furnished by Overbeck A Cooke Co., Board af Trade building: Atchison Gen!., 4s. ......... BaL A Ohio Gold. 4s. , . . . 4 . Beth. Steel Ref.. ts......... Cent. Pacific 1st. 4... ....... C B. A Q. Col.. 4s......... St. Paul GenL, 4 Hs. ........ .' Chicago N. W. GenL. 4a. . . . L. A N. jUnLT 4s........... Naw Tork Ry.. 5s .......... . Northern Pac P. L., 4s...... Reading Genl. 4s. ......... . Union Psc 1st, 4s.......... IT. S. Steel. 6s............. Union Pac. 1st Ref.. Ss.. ..... Southern Pac Conv. 5s. ... . . 8oatharn Pac Conv 4s....... Penna. Conv.. 4 s. ........ . I'enna. 1st. 4Hs., Chee. A Ohio Conv.. 5s...... Ore. Short Lane. 4s ......... . Bid. 74 , 62 78 70 ,94 --, 72 .72 77 17 74 79 79 91 74 H 93 ,74 77 76 Ask. 75 64 78 71. 95 72 78 78 21 75 80 79 92 74 96, 73 89 73, 77 77 HOG MARKET OFF PORTLAND LIVESTOCK BUN '1 Hogs. Cattle. Calves, Bbeep, Wednesday .... Week, ago . . . . Two weeks ago 98 .. 81 36 Tear ago ........ 60S Two years sago ... 679 Tbree years ws .. 171 Four, yean ago . ,. 666 81 e 1 227 87 46 104 16 . 33 9 ' S 394 60 2058 628 1484 608 1615 1125 A! rather mixed condition prevailed Wednesday morning during the early trading at the- North. Portland etocK yarda. Hogs showed a loss, cattle main tained their position, and sheep ad vanced In price. The overnight tun was light, but five cars arriving, but-shortly before Troon 10 more cars rolled in. . A decidedly weak undertone was displayeed tn the hog market and a further deeliqs assy come oerore anytmng can De moveo. at toe marses sop. No sales were made during the early Wednesday trading at $17. rime mixed hogs and pigs showed a loss of SSc, General hoc market aente: - Prims mixed $16.59017.00 Medium mixed 16.OO016.SO Rough heavy. .............. 10.00018.00 Smooth heavy .............. 18.00016.00 Pigs ; 12.60 0 15.00 . ' Cattle Market Steady . ' The cattle market remained steady, with no changes in prices. The amount of trading waa small, but ruled at market price. : General cattle rsnsa: ' ' ' Choice grsss steers ......... .$ 9.80010.80 ' 8.60 0 9.50 7.50 0 B.B0 7.00 0 7.50 6.00 0 7.00 7.26 0 8 00 - 6.250 T.25 6.25 0 6.23 2.75 0 4.75 6.00 0 6.00 18 00 015.00 7.09 0 9.00 11.00018.00 . 9 00 011.00 6.50 0 7 00 5.50 0 6.60 Good to choice steers Medium to good steers Fair to eood steere . . Common to fair steers. , . . . Choice cows and heifers. . , . . . Good to choice cows gad heifers. Medium to good sows sad heifers. Canners - i ....... ........... Bulls ....... .s . Choice dairy solves. ...... . Heavy calves .. Best light calrss . .......... steoium ngnt calves Best feeders ..... Fair to good feeders r Lambs Advanoa De4tar.' Iamb market eXDerienced considerable strength. Price advanced 60 cents shortly before the close Tuesday and took ' another Jump of 60 cents shortly after the opening of the market Wednesday. Yearlings and wethers are alas oo the strong aide, showing a 25 cent advanoa. General sheen and lamb tanee: Prime iambs 9 9.00 010.00 (Juil lambs ................ 6.00 0 7.00 Tearlings ........ .......... 6.23 0 7.50 Wethers 6.25 0 6.75 Ewes 2.250 6.O0 Tuesday Afternoon Seles - STEERS . No. ' Ave. The. Price, I . Ha. Ave. Tba. Prieo. . 1.,.. 970 $ 6.60 ( 1....1040 $ 6.60 4.... 747 5.00 I 7.... 1108 TOO COWS 6. 1. 1. ,. 830 $ 4.00 .1215 T.09 . 810 " 8.00 . 990 :" 4.60 1. . ..1050 4.00 CALVES 1.... 170 918.00 . MIXED 11.... 420 9 850 1.... 689.9 4.60 1.... 610 , 6.09 1....1240 6.25 1....100O 4.25 2... $25 $12.00 15..... 205 $16.50 10... ..21o 16.60 4.... 162 16.50 ,1.... 4 70. 18.00 1.... 620 12.60 4.... 203 16.69 19.... 209' 16.60 16.... 20614.60 - 6.... 240 16.50 2.... 215 16.00 5.... 1X4 14.25 14.... 220 15.00 4..'.. 185 16.09 9.,.. 147 12.50 - 2..., 175 16.59 13.... 147 16.60 15.... 289 16.50 2.... 215 16.80 2 400 18.00 4.... 205 '16.00 6.... 198 16.75 5.... 186 16.76 6.... 76 13.50 8...-. 170-16v2 . , , ' ' 1 '."'" LAMBS ,. 27.... 47 9 4.50 21... 76 9 s.50 15.... 82 9.50 1 24.... 63 9.60 4 69 7.00 J , EWES - 8.... 136 $ 4.00 I 4,.i, ,.''85 $ SOO 19.... 109 6.00 J ' YEARLINGS . 28.... 66 9 4.50 1.. . 100 T.00 METHOD FOUND IN MADNESS: OF MART By Broadaa Wall Now Tork. Aor. 25. For tho first time in several weeks the stock mar ket Tuesday showed a purpose in its movements, ' The. continued - flight ot the Reds before the Polish rirpes cheered Wall street mighuiy. Money was fairly easy around T. per cent. Apparently the decline In .- cotton operations has reached somebody's ears. ' ; The ; . break of ; commodity prices generally haa encouraged the publlo to look for some reduction in the cost of livlns;. . ; But the most Important thing that de veloped was tha'fact that the bulls have found a leader, something they have lacked woefully, while"' the bears were weU" generaled. 1. The bull T; leader is George JT. Whelan, - who returns - from Europe fun of enthusiasm ; and a . be liever in higher prices. It waa his ac tivity that caused the market advance, first frightening the bears into covering and finally attracting a following among the ' bulls. The market closed In the midst ot a sharp advance with material net gains in nearly every stock on the list. .-;.. ,..' ,:. i ,.r i-.-.-.: II Cotton started out by-making another set of new low prices all through the list. Mysterious out concentrated, buy ing ot options suddenly made its appear ance, with the result that there was a quick advance ot above 96 a bale. 81 nee the recent? decline began cotton has broken C cents a pound. With a crop of 11,000,000 bales this means that it will require 1350,000,000 less ot credit to finance. . - 'i-: -z -. - Spokane Will Start Canadian Discount Snoksne. Ana. 25. (TJ. P. 1 Banks here Will start discounting Canadian silver 20 per cent August 29, clearing house announced today. It is estimated that one-third of the silver In the city is of Canadian origin. Ona thousand dollars, Xenk. ere worth $1140 in Canada. r No. YrVvtesrlrsM$tey MOPVtfftf egreftlsM . STEERS - --'.-.- Ave. lbs. Price. I No. Ave. lbs. 1.. 7, . .. 812 9 6.00 ... 866 6.50 r - - cows ' 2,... 915 9 9.00 ,1. 1....1090 6.50 J 2. 6.... 945 6.50 1,1. 1....1090 6.76 I ' CALVES SIT 9 0 -2. MIXED 820 9 6.60 i HOGS 855 $18.50 18S 16.7B '! .': 19, :': - 4 . 1 a'. T. . 9.. 2.. 8. , 2.. 148 16.50 210 . 16.50 178 16.75 280 - 16.00 , J EWES 2. .a. 89 9 4.50 I 14. 2.... 125 . 6.00 I YEARLINGS 170. ... 191 9 7. OA 76. 600 9 6.00 .. 810 9 8.00 .,1020 -. 6.25 . . 900 6.25 168 9 5.50 ..171 916.60 ,. 130 15.25 .. 250 12.50 .. 156 16.00 . . 470 14.75 120 9 A 00 100 9 7.00 AMERICAN LIVESTOCK PRICES Chicago.' Aug. 25. (L N. S.) Hogs Re ceipts, 18,000; 10 to 25c lower. Bulk. $13.50 015.25; top, $15.35; heavyweight, 13.90 0 15.00; medium weight. - $12,250 15.50; light weight. $14.50 015.85; light lighta. 14.000 15.23; heavy packing sows, smooth, $13,50 0 13.80: packing sows, rough. $13.00 018.60; pigs. 312.76014.SO. ; " , CstUo Bokolpts. 9000: 10 to 23o higher. Beef steers, medium sod beavyweigbt. $10,00 0 12.00; choice and prime, $16.60 017.80: me dium and good, $12.60 0 16.60; good sad choice, $14.75 017.25; eommon and medium. $9,000 14.60; butcher cattle, heifers. $6.00013.00; cows. $5.75 012.75; bulla. $6.00 011.50; can ners and cutters, cows and heifers. $4.00 0 0-09: eanner steers, $4.50 0 7.50; . veal calve, light and handyweight, $14.50 016.00: feeder iteem, $7.50 0 12.25 ; stacker ateen. $5.60 0 10.75 ; stoeker cows and heifers, $5.00 0 9.00. Sheep Receipts, 24.000; firm. Lambs, 64 lbs. down, $11.60 014.00; lambs, culls and common. $7.75 0 1 1.25: yearling wethers, $8.75 010.25; ewes, $6.00 0 7 60; ewea,. eulla and common, 93.OO0t.5O; breeding ewes. 6.009 1L00; feeder lambs, 911.T6 0 18.00., , . , .' t . . Denver Hoes 91S.6S . -.i- Den-er. Ana, 25. TJ. ; P. Cottle Re ceipt!!, 200; market strong. Steers, $8,900 12.00: cows sad heifers, $6.00 06.50: stock ers and feeders. 96.00 0 8.60; eaivaa. $8.00 0 11.00. " - " . . ' - Hogs 800. market . steady; tops; $16.68; sulk, $13.75014.35, ' Sheep Keeeiptn, 6400; lambs. V 811.600 12.60; ewes. $5.69 0 6.26; feeder lambs, $.v 011.25. Omaha Hees 814.00 --Omaha, Aug. 25. L. A) Hogs 8500; mostly 25c lower, bulk $18.50 0 14.00, , top 914.60. -; ... -v , ::,- ,, Cattle $500; market, beef- sad butcher cattle ateady te 25e higber. beet fed yearlings $10.10, stackers and feeders strong to 2&e higher.----''.''''- Sheep 27,000; market, kiTling grades strong, feeders 15 0 25c higher, beat early fat lambs $14.75. top on feeding lambs $19.00. : 1 Seattle Hoe $170 - eeatue, siug. -a. 1 l. w. b. i nogs Ke- eeipta, 80; market stronger. Prime - lights, $17.00 17. 50; medium to choice. $16,000 17.00; rough heanea, 914.90015,00; pigs, 813.00 014.60. ? Cattle Receipts. 218; market stronger. Prim steers, 819.26 0 19.76r medium . to choice, t9 00 0 10.00 ; eossmon to good. $7.00 0 .00; best, cows- and heifers, $7.6006.00; sued i am to 'choice, $6.00 0 7.00; common to good. $5.06 0 6,00; bulla, $5.09 0 6.60; oalvea. $1.00015.00. - ,..-- . ' - ' , ; Sheep Receijita. boos, i ;t,t,j.'-ifrji.si J 'Sas FraneHeo" Cash OraW "V' W Ssn Frsncisoo, Ang. 25 U. P. ) Barley Spot feed per cental. 92.96 0 2.4 S ; shipping, $2.4002.60. : . - - . . . - 7.. -v ,. SHORT TERM NOTES Quotations furnished by Clark-Kendall Co., Ine. AMea. 99 94 92 95 100 -99 99 99 98 96 97 99 91 98 97 96 91 98 91 97 61 71 93 97 M 100 99 , 98 . - 96 94 100 96 99 -98 7.15,1980 6. 1.1945 1. 1,1921 1. 1.1925 7.16.1922 76.1928 Security- Am. Cotton Oil 6e 9. 2.1924 Am. T. A T. 6e.. 10. 1,1922 Ass. T. A T. 6s. 2. 1.1924 Am. Thread 6s. , 12. 1.1928 Am. Tob. 7s.... 11. 1.1920 Am. Too. 7s.... 11. 1,1921 Am Tob. 7s . . . 11, 1,1922 Am, Too. 7s ...11, .1.1929 An. -Am. ou 7 Ha , l.isze Armour Conv. 7a Belgian Gov. 7Ha Belgian Gov. 6e. Belgiaa Gov. 6e. Beth. Steal 7a. . Beth. Steel 7a. . British Gov. 5 He 11. 1.1921 British Gov. 6Hs 11. 1,1923 Csa. Gov. 6s., S. 1,1921 Can. Gov. 6s.. 8, 1,1929 Cndaby Pkg. 7a. 7.15.192$ Int. T. R. 7s..,-9, 1.1921 lap. Gov. 4Hs., 7,10,19S5 Ken'eot Oop. 7s. 2. 1,1980 Lig -Myers Tob 6s 12. 1.1961 Moline Plow 7s.. 9. 1.1920 MoUno Plow 7i. 9. 1.1921 Moline Plow 7a. . 9. 1.1922 Moiine Plow 7s. 9, 1,1923 Moline Plow 7s. 1 9. 1.1924 N. P. Eor. Tr. Ts 6.16.1922 Paex Gas, Elec 7a 6, 1.1925 Swift 6s 8.15.1921 V. B. Bub. 7a. . . 12. 1,1928 Bid. 89 98 92 . 92 99 H 99 99, 99 98 , 96 : 97 .98 . 91 .. 98 96 : 96 - 91 97-' 91 t 69 . 70 : 91 97 99 ii 96 . 94 91 '90 . ' 99 96 97 97, PACIFIC COAST BANK STATEMENT ... Portls-d Bonks Clearings , This Week. '. Tear Ago. Monday .....9 ,883.796.02 9 6.893,481.87 Tuesday ... 6,748.432.12 5.094.484.80 Wedneeday - 4.009,029.74 : 6.041,955.97 - . : Spokane . Bank " '. Clearmga- ,................$ 1.672,725.00 jBalsncea .............. i . . 695.263.00 j n Taeoma Sonka , .-.' Clearings . . . ,. ... ... ...9 ;S10,424.00 Balanoea 61.561.09 " Seattle Bank brsrlnaa , ....9 5.B54.289.77 Bslsncea . . . -. .............. 1,10932.06 I- -- :V v' Ssn Frenilsge -"'-! - Cles rings ... ......... . . . 92400,000.00 i. '--,'.. .--.v ';'-, Lee Anoalea anfcs ;-'.-.' Cloarkoss . . . . . ..... ... . .$11,949,162.00 FOREIGN ECHAN0E SATES Carreeted dailv br forein exehsnre deosrt- snest of the United States National bank. Opening aoaainal rates for bank transactions: Draft Cable i - ' .-Checks..: ' Traosfara Load on -Pounds - , - , ! sterUnt --..9 8.54 8 J5 Paris Francs... 6.82 6.83 - lijunburg Bremen - 1 Marks....... 1.96 1.98 Genoo Lire....' .54 . 4.64 Copenhagen - . , i Kroner .... 14.20 . . 14.28 Christiania .. i Kroner .... 14.20 14.26 Stockholm : i . -i Kroner .... 20.20 20.26 79.00 79.50 Japan Ten . . 61.76 62.00 Shanghai i-:.v. ,. . Taela , 1.11 1.11 Par Value, 9 4.89 . 19.30 - 28.8. 19.39 . 26.79 26.79 26.79 ii'.ki FumHhed ty Rerrta A Rhodes, Inc. New York Financial News Railroad steel nee da are reported from prominent quarters to be enormous. Steel insiders say they, do not see. how they can meet them in the near, future. They make this statement notwithstanding the rum ors of automobile steer order cancella tions. Intimating that If all automobile requirements were cut out now it would take a year or two to provide steel for railroad rolling- stock - and maintenance of . way in the volume estimated as wanted.? . -; - T Julius Barnes, president of the United State Grain corporation, has tendered his resignation to the president and it has been accepted, vThe grain corpora tion practically , ceased doing business some time ago and its affairs are being rapidly dosed up. ; - ; - MM VW, ."" ' American Surar fc Refining company Is withdrawn from the market but is continuing to complete delivery on un delivered contracts. Money and Exchange New York, Aug. 25. (L N. a) Call money on the floor ot the New York Stock Exchange to day ruled at T per cent; high. 8 per cent; low. 7 per cant. . ' ! Time money wa firm. Rates were: Sixty days, -per csnt. ......'."."""'...-... The market for prime mercantile paper was steady. ..." - , - Coll money in London today was 5 : per eeat. - Storting exchange was strong with, bail nasg la bankers' hula at 88.68 for demand. . Foreign Exchange 'Market :S :' New York. Aug. 25. The foreign exchanee market was strong st the opening today. Sterl ing opened at $3.54 ; francs, - .9080; lire. .0459; marks, ,0194; Canadian dollars, 8&30. In the first half hour ail Quotations were strong. Sterons advanced 1 point to $3.55, and francs wore up .0008 to .0688. . The market continued steady throughout to the does. Seerlios demand advanced to 860 : franca. .0894: lire. .045 : cables, .0599: maika, .0198: Canadian dollars, 8850, up, .0025, , Liberty Bond Salee -. (Famished by Overbeck - A Cooke company, J Board of -.Trade: brnldrng) . - . ; ' -. ' Open -High Ixrw . Liberty. 8 .... 8994 9000 f 8992 Liberty. 1st 4s... 8472 r S472 3 8460 Liberty. 2d 4b. : , S430 Liberty, 1st, 4 s.- 8472 Liberty, 2d 4HS. 8444 Iji-berty, 8d 4HS. 8784 Uberty. 4th 4s. 8494 Victory, 4 s. . , . 9530 Victory. 8 a.... 9659 8440 S498,- 8458 S796 8498 9B56 9554 8480 - 8409 6444 874 8482 9546 9646 Close 8- 84 0 848) 84H0 8430 0784 8488 9A48 9546 ..A compound lever, ' quick acting tire pump haa been' invented' with a folding handle that permits it to; be carried in . an automobile tool box. New Tork, Sugar and Coffee New York, Aug. 25. (TJ. P.) -Off ee No. 7 Rio, Sc; No. 4 Santos. 14015e. Sugar Weak: raw. gll.OO012.U4; refined. dull; granulated. $17.00 017.10. - Women Help Wanted Pear Season Now On . 9J9JM9JBj9J8jM8j9B STARR FRUIT PRODUCTS 321 East Yamhill Portland, Or. : American Telephone A Cable declared regular quarterly dividend ot IK. pay able September 1 to stock of record August 8L ''. . s ' Furnished by Overbeck A Cooke Oo. ' " New York Commercial. Just when the trade figured some sort of a rally might be due, foreign traders offered everything but the chairs. ' Liverpool sold because of the possi bility of a coal strike at home and be cause of financial disturbances in the Par East, where large failures were ru mored with consequent cancellations. Cable from Liverpool Rumors of big failures 1 in the East causing cancellations."- - " "' ' President ' Adams of . the American Linseed, returned from Europe, says his trip was satisfactory but declined to make any statement as to proposed purchase ot company by Lever Bros., of England.', - Talk regarding outlook for railroad stocks after the close yesterday was the aU absorbing topio and there were many who expressed Openly that con siderable UpwaVh movement would take place during the next weeks.' Outlook for petroleum stocks to be governed largely by Mexican issues and the outcome of negotiations with new government In that country. Foreign market displayed easier trend in ell departments. .' FINANCIERS TRY TO SOLVE FROOLEi.i "Probably the greatest overshad owing influence at the present time is the inability of financial leaders to. agree upon the best method of restoring the country's economic equilibrium," states Walter Brown, editor of the New York Commercial. "One group, under the,, leadership of the federal reserve board. Is holding the interest of the Country in check through the restriction of credits to essential purposes. The tether group, under the leadership of John Skelton Williams, controller of the currency, believes that interest rates ahould be' kept low In order to make borrowing easy, with the idea of encouraging production. In other words, one school of thought proposes to curtail consumption down to the point of production, while the other proposes to Increase production up to the point of consumption. The truth is that if either of theee theories were carried out to a logical, conclusion a serious situation would re sult .forcing a setback from which it might take years to recover. ' "It is. however, wrong to assume that the federal reserve board is making war upon industrwand business and that it advocates , a .policy of curtail ment to an unnatural degree. Tha most" that Governor Harding and his col leagues have tried to undertake is the diversion of funds from non-essential purposes to those of a strictly necessary character in order that the- business of fho country may be carried on upon a sure foundation. It Is all very well to advocate low interest rates in order to make borrowing easy, -but if available funds are scarce low Interest rates will not make the money more plentiful. It Is, as a matter of facL an attempt to make water run up hill, for only , by the offering of higher Interest rates can additional funds be secured. Money is a commodity and the rates to- be paid for Its .Two depend entirely upon the amount of capital available at a par ticular time, on the one hand, and the- Hmncr ui me uorrowvrs uu uib uincr, $50,000 6 Gold Bonds General Obligation CITY- OF SELEQRE - PROVINCE OF MANITOBA Yield 9 Price 93.23 -""'' -V ".'-;- " '" 'I'.:.-:..' n '. -i ". ! ' ' Exempt .From All Dominion Government Taxation Sated febrsary 1, 1929. Jse Febrsary 1, 1921. Denomination 91900. "Principal and semi-annual interest (February 1 and August 1) payable in gold coin of the United States in New York City or at the office of Morris Brothers, Inc. "FINANCIAL STATEMENT" Assessed value for taxation. Exemptions not included above General debenture debt.., Less sinking fund.............. Waterworks debentures jigm ana power aeoeniurcs. ......a............ Net debenture debt. . . , ... . . . . "; . t. . . . , ...... ,,..... .....a,..,,., .fi.iou.uiro.wv 1,015,000.00 U5.617.00 .....25.478.00 ..... 79,839.00 17,644.00 122.861.00 .$ 63.256.00 As exceptionally high Interest yield is bonds, backed by, a prosperoas mansfaetariag city, rich la diversified indsstries. Is offered la this latse. " SeTktrk la aftnated at the soothers end of Lake Winnipeg, 22 miles north of the ' city of Winnipeg. It is the marketing point tor the Lake Winnipeg fishing induHry, ' 7,000,000 pounds being handled par annum. Its industries include shipyard, drydock, v saw and planing mill, box factory. Iron rolling mill, electric steel foundry, ete., eod-lt ' ia surrounded by aa excellent agricultural and fruit-growing district. - Leeamy approved ay PrUXade A Hosklne, Attorneys, Winnipeg, Mstowsw : Teleykoas or Telegraph Orders at Oar Expense. MORRIS BROTHERS,' IncJ Between -6th and U atreets The PrtAler Mssleipal ' Bosd Hons Established Quarter of a Cestory Telephone Morris Bldg-, 999.11 Stark St. Broadway Capital Ose Million Dollars. tlil A Specific Deposit of 03 1,425, 000 in securities plus the security 'of its inimense properties; New $25, 000,000 Issue 10,Year 7 Collateral Trust . Gold Bonds New York Centml R R, ; Redeemable at company's option i : in whole or in part at 105 and int. ! Collateral specifically pledged consists of N; Y. C 6 Bonds and Reading preferred. PRICE 100 TO YIELD 7 of W - "'- ' . II-' '-li-- 1 !;nf-irnnnfT I 1 U DO I i DS TRUSTSACCEPTANCES -Lumbermens Buildino; 4 T O 2s corPAFJr:r Cuy end Sell U. S. Government, Forei.n Government, ' ' Rallroata. Public Utility, Induitrial, Municipal . : r 4 : BONDS - Quotations Upon Request Lewis C!Jr Portland, Or. 1 Telephone Cro I ry