The Oregon daily journal. (Portland, Or.) 1902-1972, August 26, 1920, Page 13, Image 13

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    THE -OREGON DAILY -JOURNAL, 'PORTLAND,- OREGON
V
13
HIGHER RAISIN . PRICES ASKED ! AS I . SUN IS 'DRYING UP VINES
MATERIAL GAINS IN STOCKS
Edited bjr
WillF. Hcsslaa
THURSDAY, AUGUST ' 28, 1 1920.
BUTTER PRICES
ADVANCED AGAIN
Shortage of high grade butter caused
another advance of 3 cents In creamery
prices Thursday morning-, making a 6
cent : advance thus far for this week.
This brinsrs the price on . parchment
wrapped butter to 64 cents per pound
in the wholesale market. . .
- Butterfat'also took 'an advance, but the la
rnui was one eent 1m than that on butter.
to Uit new freight nte; which must be
bore, by 'the daiyrmen. .Th- increae In trotter
prim alaojneludea th freight on the finished
product. Th. cresmerie hsv Uw rmoneed a
wider nun In the price offered for A and B
end bulterfat. In order to encourage the
(rnirn to prodTir (nod grade of critm. On
the Portland delivery bull. . 66 cent will be
paid vfor - A grad craara and 68 cant for B
trade. The ranee country ataUona la . 86
to 3 cent. ' - .'
Cold etons holding of butter at Portland
on August 23 were raifh lea than those a
ysee ago, according to figure of the bureau
of markets. This year there are but 812,836
pound In tnre. a against 1,231,004 for
the ' hum dy last .season. - Seattle I also short,
hsviitg 1.206,448 potinda In storage aa against
1,051,22$ for but season. The same condi
tinru extat at San ITrani-IJwo, where there Is
l.H42.)37 pounds in storage against 2.000.148
th aame day last yaar.
. The national atone holdings on August 1.
m also tar below, that of. Wat season. This
year there are 90.896,123 pound in storage,
against 123.64S.670 for I art year.
Butter is being imported from New Zealand
and Denmark' to make tip for th shortage.
.More than 1 ,000.000 pounds of butter are on
the way to th United States from Denmark, ac
cording to a cablegram for the bureau of
markets from the American consul general et
Copenhagen. - The Frederick V III . sailed on
August A with 687.168 pounds; the Dorttntag
holm in August 10. carrying 223.760 pound;
and the. United States on Augurt 12. with
: 39,900 pounds; making a total uf 1.050.888
pound. .
Persona desiring special information regarding
, any market should writ the market editor. Ore
goo Journal, enclosing stamp for reply. .
; EGO MAUKET IX QUEER SHAPE
r Rather mixed condition pre rails ' in th
egg market, Soma dealers claim ther is a
g friers I shortage, while other say User is
only short ge of good eggs. Fresh eggs are
scarce article in the market and good
.hennery stock would bring as high a 64o
per doxsn. - There is no. market price on case
coast, owing to the poor quality. Most dealers
now prefer to buy on the loss off basis. ezs
wsrs selling in the market for 60 cents per
dozen. ..
3I0B0DY HTJXTIHG FOE VEAL
. Uuyen for country killed calves ar not tn
evidence. The market is weak. It is probably
fortunate Uiat arrivals have been light or- much
Tai mlnht be going to warte. The hog market
is steady, but far from being active.
CHICKEX MART GOOD (?OSDITIOX
Heavy hen and spring are very scarce and
as a. result the chicken market is very firm.
Receipt were not equal to the demand Thurs
day and as a -result the light stock commended
good prices. Heavy springs lumped to 32 cents.
' .,' i . . -
BRIEF 7?0TKS OF PHODt'CE TRADE
Oregon Crawford peaches $2 25 ft 2.75; Early
XlSls. $2.00 gp 2.29; l.OVelW, S2.OO&2.20.
Champion plum ,$1.60; Tragedy, $1.25
1.60: Diamond. 62.60. .
- TaUma apricot 12.50 per box.
8t potato, 12 He per pound.
' Yakima cantaloupes moving well at $2.00
'for standards; California stuff a drug on th
. market. .
Egg plant 8o per lb. In era Us ; 10 in small
Jots.
Huckleberries 25e per ponnd.
lied Astrschan apples, 62.60 per twl; Graren
iteins, $2.00.
'TOWATOEA3H-POTATOE8 DOWX
Tomato irackywtorik a decided drop to 40
i cents per tx Eewrfjilsy, when it wa found
v.he stock -dltf nottiare any keeping quality.
Th tail nd : of The Dalles crop is Dow er
,rlring. It seem to be full of best, ks green
stuff will ripen evernight and within 24 hours
tn ore th fruit is leaking out of th boxes. Vo
t tatoe ar .mora plentiful and cheaper. Walls
.A' alia onion market la reported slightly firmer.
C,TlLLAMOGK CHEESE PRICE IS VP
T'ilamook trash.- fancy triplet end Toung
..American advanced on rent per pound Thurs
day. This makes th Portland prios on trip
let S3&84 cents and on Tuung Americas 85 0
- to cents per pound.
t ; WEATrtER NOTICE FOR HITPF4RS
Weather bureau ad rises: Protect shinmsnts
dnring th next 86 hours against the following
- maximum temperatures r Ooing north 70 de-
- greesi northeast over th 6.. P. ft 8. It. K. .
.88 degress; eaat to Baker, 88 degrees; and
- souin to Asnisna, w oegreea. Maximum tem
perature at Portland tomorrow about 79 degrees.
"WHOLESALE PRICES IJT PORTLAND
Thes ar price retails! pay wholesaler, z-
eept as otherwise noted:
r. Dairy Product
X BUTTER- Selling price, box lot: Creamery
"prime, parchment wrapped, 84e lb. ; prime, first.
. -62c lb.; firnts. Clo lb.; smsFler lou mt sn ad
. Tanc. Jobbing price: Cub extras, 50 H e
i 67e: ftrsta. B4e.
f BUTTERFAT Pcrtland delieery basis, 6e
trA grade; 68o B grade; country stations, 68
2c .
5 OLEOMAROARINK Best brands. 40c: ordi
ary, S3 He: baker. 83c; nutmargarine. 1-lb.
..s cartons, 82o per lb.
CHBKSB Selling price- Tillaiaook.' fresh
Oregon fancy triplets. 33 84c per lb.; Toung
I- America. 35(36o. Prices to Jobbers, f. o. b.
i Tillamook: Triplets, 80c; Toung America, 81c.
Belling price: Cream brick. 40 A 42c Belling
price: Block Swlas. 4849e; limburger, 400
-42c per lb.
EGGS Buying price Current receipts, 4S
60s; candled, selling price, 55 37c; select. 60c
i per dosee.
LITK POCLTRT -Selling price: Heavy hen.
SAc; light bens, 1820c; springs, 27932c;
. old roosters, 10c per lb.; turkeys, lir. ( );
: dock. 80 0 85a lb.
Fresh Vegetables and Fruit '
r FRESH FRUIT -Oranges, $7.008.50 per
bor; banana. 11012c lb.; lemons- $4.60 9
, 6.60 per crate; grapefruit. $5.00 6.00 ; canu-
louiies, California Standard. $ 1.75 f 2.23; pony,
$1.2601.60; flat, 50 75c; UaUga grapes.
$3.268.80 per crate; seedlen grapes, $2.76;
.peaches. (2.00 2.26 box; plums, $j. 23 2.25
crate; pears. $2.25 ) 3.79. .
.i APPLES Ne. 1.00 ? 2.60..
- DRIED FRUIT Hates, Dromedaries, $7.00
7.50; Fards. $4.00 per box; figs. $2.75
8.00.
-' OJflONS Selling price to retttlers: New
NVsJl Walla. $1.50 1.75; garlic. 2e per lb.;
igwen onions, 23i$40o dosen - bunches; onion
sets. 17 J ISo lb.
i POTATOK-elling price: Oregon faney.
$2.25 p 2.75.
, BKKRIES Rlsckberries. $3.60 rste.
.1 VEGKTABLE8 Turnips. $3.50 sack; car-
' rots. $2.60 sack; beeU, 60o dosen bunchea; let
ltuc."i 31.73 cratet cucumber. 25 ft 50 box:
tothatne. 4075c egg plant. 12 He per lb.;
iDrwou ; oeu yevimru, A. 71 r, vwierj,
$1.23 dozen: string; beans, 6c per lb.; green
corn. $l.oori.u sack.
.1. Meat end ' Provision
I COrxTRT .MEATS SeUing price: Country
oiU'-W-io u. for top blockers; naaTy, too;
el 22 23e; heavy veal, 16c lh.
SMOblEU MKAT.S Ham, 446o per lb.;
breakfast bacon. 42 9 5 be; picnic, 25c per lb.;
cottaee roU. 83c per lb.
LKD Ktttl rendered, 23c lb.; tierce basis,
ccmpound. 20c
Fish and Shellfish
FRESH F1S11 Riimn. rt.ik it
18e lb.; halibut, fresh, 22 24 per lb.;- stur
geon (); black cod, 10 11c lb. ; kippered
I"0?. 2 ?0 Pr 10-lb. basket; kippera cod,
$2.86: raaorclams ); b $2.7.75
Hons; ling cod, 'agio lb.
o SrGa.T f P. refiwery basU:
ICube. $22.10;. fnut and berry, $21.25 ; D ysl
llow, . $20.65; granuUted. $21 25 : eitra tl
1,$2d.R; golden C, $20 75. ""',,nB
HOfcET New, $7.00 & T.S0 case.
ihesd ( ) ; Blue Rose, 14 1 c per lb.
BAI.T C-uerse, half ground, 100a. $lf 23 ner
Ico- SOs. $18. 76; Ubl dairy. 60s $27 is
)e. $i.804.00: fane, uble and dafar"
$34.50; lump rock. $26.50 per ton.
. BEANS - Sale by Jobber. Small white.
7 Vie lb.; large white, Te lb.; plnkTsHe lb-'
lima. 13 He; bayou. ll4e; reds, lHc- OrV
ton beans, buying price, nominal. 5 V ik
' CANNED MILK CamaUon. $6.60; Borden.
-16.50; Astor, $4.40; Eagl. $l2.86i Libby;
$9.60; Mount Vernon, $6.40 per case. '
COFFElfi Roasted. 84 J 4 So in sack or
- Irums. : !
f SOOA CRACKKR9 In bulk. 20o per lb.
h NUTS Walnuts, 40c per lb.j almonda,
I8e; fUberts, 32o in sack lots; peanuts, 14?
15c; pecan, 25e; Bracila, 35c. -
New Tork-Londoa Sliver !
New. Tork. - Aug. 36.- (I. N. S. ) rrnim.r.
e,i bar ailver waa today Quoted a follows: la-
uncnangca ex wc; foreign, lc bigbse
t 8o. . -
JMAR-IC'ET,
EsASKJET
. f orrAiL. dd irr.o - '
! j i ... y .. .... -; :? : - !t- -
Peam for canning trill probably not
be eo high this season as they have been
ror (several years past, owing fo, the
bumper crop which Is about to be picked
In almost every section of Oregon and
Washington. , Fruit canneries have all
the bears bought they can use, and are
temporarily out of the market. Pears
for canning are expected to be. plentiful
in si short time at not to exceed $1.60
per box. -j , r 'j ?
Crabapples advanced in price Thurs
dayj owing to an apparent shortage.
Housewives desiring this fruit should
pot delay any: longer in securing their
supply,;, V ! . :
Keports reaching the wholesale dealer
from all sections indicate that a larg4 1
local tomato crop is about of be har
vested. Tomatoes will probably be cheap
this! season, which means that a large
number will be canned in the homes. "
The market is well supplied with
Plums. All kinds of prices are being
asked, depending upon the quality of J
the ! fruit.
Karly applies ' are scarce and high
rriced. Lower priced applies are looked
fori as the season advances.
lihe prlee.of potatoes is gradually low
eriiig as the crop arrives on the market
in a more liberal supply.
The following price .rule generally in retail
sVcpe for good dnallty. ; Some values ar frsc
tionaly higher and inferior staff fractionally
loner. I
Butter1 Best creamery. 8S70e.
Eggs Fresh laid. 66e , per dosen; faney
trcti, 60c per doacn.
, Poultry -Chickens dressed. 30$MOe per lb.
o lliih Salmos. 23a per lb.; halibut. 30c lb.
Flour Hort local patent. $3.20 9 4.30 per
sack: 4 9 lbs.
Potatoes Bnrbsnks, 4 Sc.
Onion Drier. 8HX4C. r
Strawbenie -Oregon, 20c per box.
Blsekberri 20c per box
Green iwrn, 80e80cper dozen, ';
Cash Market Given
Redmond Farmers
Redmond, Aug. 26 Furnishing a eash mar
ket ! for all farm produce mtttt stook from the Ir
rigated ranch of Central Oregon, th Farmers'
Warehouse A Milling eompeny plan tj open for
business in Redmond early in September. Final
plan for the incorporation or me company and
its ipurohas of a warehouse building for $8000
snd the Redmond flour mill for $4500 were
completed at a meeting of stockholders held la
Redmond Friday night.
Mighty farmer and business men of Redmond
hold stock in th nw eoioraaon which I capi
talized at $25,000 with about $20,000 sub
scribed. I
Th officer elected ar : C. F. Honkins of
Redmond, president; John Ms run of Tumslo, vie
p reei-ient ; M. A. Cunning of Redmond, secretary;
WJ M. Wilsoa of Redmond, treasurer, and T. J.
Uuigley of Lower Bridge, manager.
Oregon Flax Best h
Grade, Says Expert
Sslem, Aug. 26 Flat grown in the Salem
district of the i Willamette valley will compare
favorably with that srown In any other section
of the United State, according to Lyster U.
Dewey, botanist in charge of fibre inspection for
the United States department of agriculture who
halt been investigating the flax' industry in this
aertion this week. The flag Industry, Dewey-
predicted St a meeting of the . Rotary club here
Wednesday neon, wss detained to take Us place
alongside the fruit industry in thie valley. ;
AMERICAN LIVESTOCK PRICES
- Ohleaeo Hoe S1S.B0
Chicago. Aug. 28. 1 1. X. S.i- Wrais , R-
ceipt 13,000: jusrket 15c to 25c higher. Sulk,
$13.7315.40; top, $15.50; heavy weight,
$14.15 15.26) medium weight, $14.80
15.50J flight weight, $14.75 is. 50 ;i light
lighu., $14.2.v 15.3S: heavy packing ' sows,
smooth, $1 tf 14.00 ; packing sows, rough.
$13.86 18.65: pigs, $18.00 14.90. !
I Cattle Reoelpte. 11,000; market steady to
25c higher. Beef steem: Choice and ' prime,
$16.60j 17.65; medium and good. $12.60
10.50;-good sad choice, $14.7517.25: com
mon and medium, $0.00 14.50. Butcher cat
tle: Heifer. '$6.60 IS. 00; cows, $0.00(4
12.75; bulls, $5.00 11.60. Canners and cut
ters: towi and heifers, $4.00 0 6.2 5 ; eanner
steers, $4.807.60; veal calves (light and
nanaj-weignu. t fio.oo as lT.oo; feeder! steers,
$7.50 12.25J itocker steers, $5.50 010.76;
stock er cows and heifers, $5.00 dt 0.00. !
i Sheep Ueceipta, 25,000; market strong to
higher. Lambs (84 lbs. down), $1.75
14.35; lambs, ' culls and common, $8.00
11.60; yearling wethers, $9.00 10.50 : ewes,
$8.25 0 8,00; ewes, culls and common, $3.00
5.73; breeding ewes, $6.00 11.00. . !
' Denver Hoes $16. BO
Denver. Aug. 26. (TJ. P.) Cttl Re
ceipts 700, steady, Steers, $8,50 12.00;
eows and heifer. $6.26 g 8.50: stackers and
feeders, $6.5008.50: calves, $10.00 12.00.
I llop Receipt. 11,000; 1625c higher,
top. $19.50; bulk, $14.00(914.73.
I Sheep Receipt 6000, strong and ' higher.
Lamb. $ 11. 80 12.50; ewe,- $6.0096.26;
feeder lambs. $1 1.00 11.50. ,
I Sanaa Olty Hog $18.18 (
J Kansas Olty, Aug. 26. (I. N. S. ) -i-C.l,
8000; market steady to 35c higher; steers, $9.00
l.6o; eows, 6.00p 10.00; stackers and
feeders, $6.00 918.00; calves, $9.00 & 13.00.
I Hoes 8000; msrket steady to lOe up: bulk,
$14.60 ( 16.00; topsi $15.13; heavies, $14.50
15.90: Ughts, $14.80 15.15; medium,
$14.7315.10. T
I Sheep -14,000; msrkst 25 to 60c higher;
lambs, $12.00 013.83.
j Omaha Hoe $14.78
I OraaBa, Neb., Aug. 20, (I. N. S.) Hogs
Receipt 8000; mostly 102Se higher. Bulk,
$18.78914.25; top. $14.75.
I Cattle Receipts. 1900; beef and ' batcher
steer 23a higher, stackers and (seders 26 9 60c
higher. ' bull and veal steady. i
I Sheep Receipts, 28,500; killing lambs strong
to 25o higher, top $13.23; sheep steady, feeder
lambs slow, best sales $12.73. i
T Seattle Hoes S17.B0 I
Seattle, Wash.. Aug. 26. (L N. 8 ) Hogs
J Receipt 70. market, eteady. prime Jigbts.
$17.00917.50; medium to .choice. $16,009
17.00; rough heavies,. $14.00 913.00; pigs.
JI13.00 14.S0.
Cattle Receipts 168, market weskj Prime
teers $10,25 10.76 : medium to choice. $9.00
1910.00; common to good, $7.0098.00; best
cows ana nsiiers, ii.suiss.vui meanim to
Choice, $6.00 9 7.00; common to good, $8.00
16.00. . ,
Sheep Receipt none.
To Ship 1 Cars Fears
Roseburg, Aug. 26. Th Bartlott pear seac
son is nearlng completion la Douglas county.
The greater part of the pears are being han
dled by the- Oregon growers. They will ship 10
lean from the valley. The cannery is handling
keveral tons of pears and paying a little better
than the market price. The Riddle and SuLb
isrlia crops wil) be shipped by the Oregon grow
ers. "The g rovers' cannery will not ope rate at
8utherlln this year, but all fruit will be shipped
by the association and th market price for top
grade fruit will be received by the growers, even
though outside offer are being made aa a means
of detracting., The growers will also ship prune.
I
- Kw Tork Prodaee Msrket
New York. Aug. 26. (I. N. 8.) Batter -
Market Quiet, creamery extras, 56 9 69 H el
first. 81 57 H c; higher scoring. 67 H 9
60 He; state- dairy tabs, 46957c.
I Cheese Market firmer. 28 9 28 e. Whole
milk specials. -26 H 9 27 He; fancy. 28 H 9
29 He; fancy Toting America. 16 H 9 IT He;
Skims, specials, 19 916c; fair to good, 12 9
14 He. ,
Eggs Market firm. , Nearby white, fancy.
71973c; brown fancy. 639 67c; extra, 609
61e; firsts, 63956c.
i , ...... . .
f Dried FrsJt and Beans j
New Tork, Aug. 26. (L N. S.) Beans
Market steady. Marrow, choice. $11.60: pea,
ohoice, $7.60.
-Dried Fruit Market quiet Apricots, extra
choice to fancy, 26 9 37c; apples,, evaporated,
prime to fancy, 18 9 18 e; prunes, $0 to 80s.
17 H 25c; do 60s to 100s. 11 H 9 18 He;
peaches, extra choice to fancy, 19 H 921 lis;
seeded nisans, choice to fancy, 2846 95o.
. Sw Tork Bids Market .
Kew Tork, Ang. 26. (L N. S.) Hides
Market steady. Native steers, 25 28sf braoded
steers, 23 9 25o . 1
RAISINS OFFERED
AT HIGHER PRICE
Prices still higher , than those asked
last season will be asked this year for
raisins by the California growers, ac
cording to information received in Port
land Thursday.-. One merchant who
placed a large order was given bu 10
mj B xit wiiku vu viu m wiiusvif VI
leave tire raisins alone. He was asked
24H cents per pound tor loose Musca
tels, 23 cenets for unbleached Sul
tanas, and 23 cents tor dried i black
grapes.' ! . j U
In a letter to th trade the ratsin company
says: "Th nisin crcp will b Teach lea than
was expected, owing to th intense heat the
past two weeks. In many ease th vine ar
turning brown and the gnitea are diying oa the
vine much too soon and will therefore be lost.
"Under these , eirru instances we j are i not ac
cepting any more raisin business atj present, and
will not know for a few days what we csa dp.
Ther is every prospect that prices will be higher,
a Kan tern buyers are willing to take straight
carload lota at more advantageous prices to as
tnas w are asking our trade."
Steady Tone in jHog
And Sheep Alleys;
Cattle Market Slow
PORTLAND LIVESTOCK
Thursday ......
Week ago ......
Two weeks ago
Four weeks ago . ,
Year ago .......
Two yean ago .
Three yean ago .
Four years ago. .
86
520
305
1
118
318
454
887
207
27
102
'
24 63
180
RUN
halves. Sheep.
34 , 697
It 710
... 900
109
T 2348
22 303
13 ' 74
14 283
wa 12 cam.
Overnight run at North Portland
Th bog market remained steady, (h yards deal
ing mostly in drive-in, which so id around $16.50,
It would take carload lots and diversion bogs to
bring the market top. j I
Genenl bog market nag: - I j :
Prime mixed $36.50 917.00
Medium mixed 36.00 918.80
Rough heavy .............. So. 00(313. 00
Smooth heavy 113.069 15.00
Pig 32,60 9 10-00
' Oattle Markac Slow ;.
The eattl market wss slow, but steady. Run
was the heaviest Thursday . shipment for Several
week past.
General cattle range: V
Choice grass steers
uooa to cuow steera .......
Medium to good . steen
Fair to good steen .........
Common to fair steen. ......
Choice cow and heifers
Uood to choice eows and heifen.
Medium te good cow and beiftn.
Canners ...................
Bulls
Choiee dairy calves. ........ .
Heavy ealvea ..............
Best light calve
Medium light naive
Best feeders .....
Fair to good feeder. .........
"' Sheen Market' Steady
Prices in th sheep alleys remained unchanged,
with a fairly good demand fori choice lambs.
Overnight run wa about normal.
tieneml sheep and lamb rang:
Prime lambe
Coll lamb
Yearlings .
Ewe ................. .
Wednesday Afternoon S ales
STEERS
No. ' Ave. lbs.
9.50910.50
8. n0 9.60
7.50 9 8.50
7.00 W 7.50
6.09 9 7.00
7.28 9 $.00
6.23 9 7 23
8.26 9 6.2S
2.75 9 4.76
6.00 6.00
18.00918.00
7.00 U.OOi
11.00 913.00
9.00 911.00
8.50 9 7.00
8.60 9 6.00
t .00 910,00
6.00 9 7.00
6.25 9 9.50
6.23 9 6.76
2.25 9 e.Otf
Not.
5.
3.
2.
1.
- 1.
1 .
1.
.2.
1.
8.
28.
Ave. lbs. Price.
. . . 930 8 6.76
. .. M5S 6.00
. .. 970
...1100
. . .1120
. . . 1080
. . . 960
100
...1140
V, 050
835
.1003
7.00
9.50
10.25
. 8.50
7.50
7.50
9.50
8.23
8,25
0.8O
5..
1. .
1. .
1. .
1. .
1 . .
2..
1.,
3..
1. .
1. .
1. .
2. .
1..
2. ,
1 .
1ft..
3. ,
5. .
6. .
3. .
6. ,
6. .
4. ,
4. ,
o
4.' '.
81. .
3. .
a. .
8. ,
.1090 $ 6.26
690 3.50
COWS.
6. . J. 002
4..J. 905
. DOO
.1123
. 830
.1170'
.1050
. 905
.1112
. 720
. 836
7
2
- 2. ,
1. .
2. .
.1040
.1360
. 970
.1040
. 070
. 850
. 890
. 520
. 960
. 91 5
.1040
7.25
G.25
6.25
6.25
7.00
7.00
0.25
4.25
c.oo
6. IK)
3.00
CALVES
1
Price,
814 $ 6.75
6.0O
-8.00
0.00
10.25
8.50
7.50
8.50
6.60
8.23
7.09
6.S0
.1080 $ 4.8
. 240 $12.50 I 2
BULLS
.1185 $ 6.00 I 1
.1310 3.50 1 1
MIXED
. 938 $ 8.00 8
833 6.10 I 8
858 6.00 16
re
800
800
1100
990
1000
730
910
950
750
1060
730 ,
7.23
6.5
6.26
6.2$
7.06
7.00
7.00
6.25
6.25
6.00
6.0
r
C53
365 $14.50
240 16.50
14
195
182
105
100
219
210
143
103
230
180
4.25 4
HOQS J
9. .j. ,
22. J. .
82. .i. .
I::::
a . . . .
4..;,.
9 m j
12. . .
29. . ,
7. . .
63.. ,
S3. .,
tio...
17. . .
1. . .
2..;
14.50
16.65
16.75
16.50
16.63
16.50
16.50
16-00
13.75
16.50
16.60
. I.AMB3
63 $ 7.50
69 8.00
68 10.00
79 10.00
EW
83 $ 4.60
99 8.50
163 $15.50
.1500 $ 5.58
. 860 6.00
, 7S0 $ 7.10
.731 6.00
. 772 3.00
. 820 4.23
. J72 $18.73
. 850 14.60
185
240
240
845
171
192
550
112
286
167
183
16.73
16.64
16.75
14. &0
16.35
16.60
15.60
18.76
16.60
16.50
16.50
T.
27. J
21, T
E3
YEARLINGS
41.
19.
4. J.
102 $ 7.25
110 ' 6. on
WETHERS
103 $ 8.50 I
BUCKS
150 $ 4.00 J ' .1
Thursday Morning Sale
HOGS
97 $ 8.50
77 10.00
68 8.50
I 91 $ 6.23
111 6.00
105 $ 7 0
No.- Ave. lbs. Price. No. Ave. Jbn. Price.
4 165 $16.25 2.,.. 173 $16.50
13.... 138 15.33 20.,.. 164 16.50
6 253 14.50 .... 204 ; 16.B0
2 820 15.75 5.j.. 188 16.50
1.... 260 16.50 11.... 142 14.75
LAMBS '
819.... 59 $ 9.00 I 284.,.. 69 $ 9.00
67. . . . 93 0.5O j , . j
12... 138 $ 4.25 I
YEARLINGS i i s
11 125 $ 5.00 J ! '
BUCKS j
137 $ 4.00 I -'- 1 t H "i ' "
CALVES '
1.... 280 $13.75 I 29.... 196 $13.75
2..,. 210 8.00 I ;
COWS I'
6....1051 $ 7.00 I 2..., 990 $ j00
.1.... 440 8.00 1 4.... 987 7j00
4. . . . 850 0.00 - . j;- - :: . .
POTATOES ALOBTG THE COAST;
Los aneeles Market
Los Angeles. Aug. 26. L N. S.) Pota
toesLocal Earlv and White Rose, fancy So.
1, mostly $1.35 9150; No. 2. 76c 9 $1.00 per
lug; sacxea -no. l. is.onsi,v; : sucnog
fancy Burbaaks. $3.60 98.78. j
San Francisco Mark at
San Franciaoo, Aug. 26. U. P.I Potatae
Old River W hite, 82.79 93.0V; sweets,
?tt 98e per pound, - i , .
Onions-iYelTow, $1.50 l.T i ? Australian
brown. $1.60 91.75. i i
yield peea, Se per ponnd. i 4 .
. Seaatle Market i '" - t L:
Seattle. Aug. 26. (L N. S.) Potato
Kennewick 2 H et local white, 2 H 92 C4
DAIRT PRODUCTS OF THE COAST
- Sari Franolsoe Market - i
: San Francisco, Aug.- 28. (U. P.) Butter
Extras, 68 He; prime firsts, 8e. i
Eggs Extra, 64c; extra tint, 68c; first.
62c; seconds, 46e; dirtiea. No. 1, 54e; extra
pallets, 67e- undersized pullets, 86 He. -
Chseae California flats, fancy. 31e; fintz.
28 He : -
" Posjttls Market ' --
SeatUe, Wash., Aug. 26. (L K. S.) Eggs
-Select ranch, 58c .-, :. i . 1 i -
Butter City creamery extras, I 061cJ
Cheese Oregon tripleU, 30 9 32c; Young
Lea anawtaa ; t
tm Angeles, .Aug. 2 6. (L N. I B--
-B utter.
Caarara Ttnrk x4m a
1 - .--.. AU . Wl.WI
Jot tf? brk edvanced. He In
Portland on AVcdneedsy. New peel l.?bPort-
l Luudoe. Aug. 38. (I. N. S. Bar silrer wu i7rf t. . Hew P1 P"-
h(L hiioer today at OlHd. r WM' . Mxi and old peel
"gga Fresh extras. 60c: case: count. 6Se:
pullets, 50c; peewees, 85c.
Live Poultry Hens, 23 932c; bfoiters, SI
84c: fryers, 82c . ; , ., I , , i. , I
r ... ----- i i i i i mt -7j I,' -Vl"''':.'
New Tork Sigar and ; Coffee I
New York. Aug. 26. (V. P. ) Coffee No.
T Rio. SHc; No. 4 Santos. 14 4 9 16 He. I
Sugar Raw. dull, $11. 00 12.04 ; refined,
doll; granuteU, $17. 00& 17.10. ! j
BEAR
RAID SENDS
RAILS
DOWNWARD
New Verk, Suf. (I. M. S.) The stock
market closed strjoog today. Advance ef from 1
to S point were made In the- flaaf tredlne tn
the face of as fdvsnee tn the call money rate
per cent. Steel eemmeo reso 1 H te S0H.
closing ex SO'Al Saldwio loornotlve rVe S
point to 10S. -
a ov sen men - bond unohanoed; , railway and
ether bend sirens.
Total sales were 481,000 i share; bonds.
B,M1,000.
! Nevrv Tork. Ag. 26. (U. P.) Prices
were generally Irregular at the opening
iof " the stock market today. United
States Steel was unchanged at 89 s
Mexican Petrbleum 162, up 1 ; Cana
dian .'i Pacific
Motors 6H
89.
87H.
119V4. up A : Bethlehem
off lVi ; Texas cornpaViy
up ; General Motors 21, off :
Reading 91,
tup ; BalUmore at Ohio
up a Pan-American Petroleum
off Studebaker 82. un
changed; Soiuthern Railway 27, off
; Union pacific 118,. unchanged;
Crucible 137, up . i ;
The market dlrplyed a firm tone In early
trading. Southern Pacific advanced to 96 H ,
a net gaia of 1 .' Reading touched 11,
Shortly . after these best figures were
reached, a bee raid waa started with pneusn
on industrials, r This carried all mils downward
and Southern (Pacif io lost all it early galas.
Mexican Petroleum was forced below. 180.
Rails developed strong in the early afternoon
trading, lower priced non-dividend paring jssu
holding tli larger interest. Even klrie atarted
on the move upward with Chicago and Great
Western, eSeaboard and 8t. Louis and South
western issue. This was the first time in sev
en! yean any attempt has been made to make
a market- for Krie stock.
Furnished by Overbeck A Cooke Co.. Board
of Trad building: f
Opea Hlgn
DESCRIPTION:
Ajax Rubber.
Alaika Oald
AUia
Alloy
Chalmer
ateel.
Am.
Am.
Am.
Am,
Am.
Paul.
Iron
Am. Agr. Chem . . ,
Am. j Beet Sugar. ,
Am. Can. e. . j . . .
Am. - Car Foundry
Am. Cotton
Am. H. U,
Am. Int.
Am. Linseed.
Am. Loccv. ej.
Am. Ship A Com
Am. Smelter,
Am, Steel Kdry. ..
sugar, e . . . .
Sum. Tobacco,
T. A Tel....
Tobacco i . . . .
Woolen, a. . . .
Anaconda M. Co..
Atchison, c. . mi,
Atlsntic C- A W. I.
Baldwin Loco., c. .
BaJti. A Ohio, e. .
BeBilehem Steel. B.
Itosch Macaeto . .
B'lyn Rapid Transit.
nutte at superior
Cel. Packers' Assn.
Csl. Petruleum. e
do. - pfd, .. . . .
Canadian Pacifio
Cen. Leather,! c. .
Cerro de Pasoo . .
Chandler Motors .
Ches. A Ohioi
O. O. W., e.
do pfd- . .
C, M. A St.
C as N
Chino , Coppee
Cold. Fuel eel
Consolidated (fas
( on Products, e
Omelbl Steel, c.
Col. Onphopohone
Cuban Am. ;jugar
Cuban Can Bugar
D. A R. G.. e. . . .
do. pfd. J . . . .
Erie, c. ...1....
Krie, jlst p. J . . . .
Fiske Tire . . . .
Gaston Williams .
General Cigam . . .
Genenl Klecttric . .
tJenenl Motors...
Goodrich Rubber .
Great North.! Ore.
GUI Nor.By. (.....
Greene Cananea . .
Ice Beeuritiee- ...
Illinois Central . .
Ind. Alcohol! .
Inspiration Copper.
IntJ Paper C . . . , .
Int.1 Harvester . .
Int.1 Iero. Mar., c .
Intj Mero. Mar., p.
Intj Nickel L . . . .
km. City Soi, c. .,
Kelly Springfield..
Keanecott Copper. .
M j .win ,U . , . ,
Lackawanna Steel
Leakey Fam. Players
benign v sney . , . .
Maxwell Motors ...
Middle States Oil..
Mex. Petroleum...
Miami Copper. ... .
Midvele Steel . . , . .
Mo. Paclfio, e. . . .
do. pfd. j.
National , Enamel...
National Lead
Nevada Con. . ... .
New Haven J ..... .
N. Y. Air Brake. . .
N. I Y. Central ....
Norfolk A V.....
Northern Picifie...
Okie, Ref. A Prod.
Pun Oil ..... i. .
Pas Am. Pet-, e. . .
Penn. Railway .....
People Jas -.
Pierce Arrow., r...
Pierce Oil .......
Pittsburg Coal, e. .
P. Steel Caf, e...i
Pullman ..!,.....
Ray Cons. popper. .
Ry, Steel Springs..
Reading, e .1 . , . . . .
Rovai Dutch......'
Rep, L Steel, a
t:etu istores.....
Rock Island! c . . . .
Rock Is., pfd. A..,
d pfd. El
Sloe lain Con. . ...
Sloss Sheffield. . , . .
South. lciftc. ....
Southern Rt., c...
Stromberg Motor. . .
Studebaker, ......
SheU . i ..... .
St. L. A S.!F....
Swift . Col
Tennessee Qopper .
Texas OU. ......
Texas Pacif ie. . . . .
Tobacco Product. .
Transcontinental Oil
Union Pacific, c . .
do pfd......
TTnlon Oil Of Del. .
United Food Prod.
U S. Rubber, c.
U. S. Steelj e. . . . .
"do pfdl
rttab. Copper
Vanadium Steel....
Wabash . . L . . . .
AVabash, A . . . . . .
Wabash. It
Western Union ....
Westingheune Else. .
White Motors ... ,
Willy Overland. . . .
Worth ington PumO
Money
81
. 1H
"31
7W
784
84 H
133 H
74 H
74-
70 H
94 H
21H
63H
87H
114
86H
88H
79 H
62
81H
187 H
108 V
89H
77H
86 H
814
20
119H
54
88H
86
57
23H
84
TO H
26
80 H
137
28
40
85
6
10
13H
20 H
26 H
9H
8
21 H
56
81 H
72 H
23H
88H
88
84 U
48H
7
25 W
76 H
20H
17
78
24
17H
8H
70 H
44
11
ilk
162
89H
25H
44
69
10
33 H
72
02 -74
3
88
87h;
41
29
86
13
81
!
112
14
6i"
SO H
84
67
35
75 H
65
27
68
95
27
75
62
51
25
107
' WH
47
85
65
0
118
64
27
68
85
89
106
61
71
8
25
47
47
15
61
1
31
76
73
35
134
75
74
70
7
21
66
37
114
87
96
80
53
82
187
109
39
77
86
10
20
.20
54
38
87
68
25
93
71
27
90
138
23
40
S3 H
5
10
13
21
28
9
84
21
66
81
73
25 H
38
86
85
46
80
23
7
20
19
79
24-
18
69
70
44
11
11
162
89
26
45
69
10
34
73"
4
74
3
38
88
41
29
89
13
61
112
15
93
81
83
69
35
75
63
28
68
86
27
75
3
51
se
107
47
38
l
19
120
64
27
58
80
90
106
62
.71
8
25
47
47
16 ,
a
9
low"
"60"
1
81
'76
78
84
183
73
73
69
94
21
56
37
113
86
96
70
62
81
133
107
88
76
86
10
119
54
88
88
57
8
22
84
70
26
89
135
23
89
84
4
10
12
20
26
9
63
'H '
'55
31
72
26
38
86
84
46
78
24
76
18
17
78
US
68
69
44
9
11
169
86
25
44
69
i6
38
72
91
73
3
38
86f87
41
29
37
12
61
112
14
90
80
84
66
85
75
65
27
7
96
27
72
61
51
25 .
107
91
48
85
65
9
118
64
27
68
84
88
106 .
61 -69
8
25 "
AT
46
15
Close
""So"
I 1
31
89
76
?8
34
184
25
14 I '
74
74
69
96
21
55
87
114
87
96
111
70
62
82
180
109
39
77
83
9
19
68
27
69
120
64
38
87
58
-
24
34
71
27
83
78
90
137
23
40
83
. 4
10
13
21
26
9
64
142
21
56
81
72
25
38
86
85
46
80
122
24
76
20
19
79
24
18
68
70
44
10
11
162
19
39
25
44
59
74
10
84
96
72
74
8
38
in
28
38
12
81
95
111
15 !
94 .
98
81
86
8
85
75
65
28
68
96
C7
74
63
50
26 ,
Ll07
9
47
86
65
9 H
119
64
27
9
85 J4
90
106
61'
70
8
23
16
82
47.
46
15
60
-
j Total sales, stocks. 452,000 share. T
Total' sales, bonds,. $9,541,000. "
" ' : - Foreigs Bond market
I Furnished by Overbeck A Cook Co.. Board
or -irane Duuaing. - 1 Kid.
Al F. 6s Oct, 1920... ...... 99
U. K. 3 Nov. 1921....... 96
Rep. France 5s . 1 931 ....... . 60
Paris 6s Oct. 1921......... 90
Russia ErtO. 6s 1921.. . . . 23
RtCuian Intl. 5s 1926..... 20
Doom. 6 Apr. 1921....;.... 98 r
Horn. 6 Apr. 1931.......... 84
UDora, 6s Apr. 1926 . 87
Dom. Canada 54 193T. . . . ' 84
U. K, 5 s 1937. ......... - 81 ' -
Ask
"99
97
62
91
27
25
08
86 .
88
86 -81
I liberty Boad Sale$ r
(Furnished r by Overbeck A Cooke eompasy.
Board of Trad buikUng
Ooen
IJberty. SH. ...'8993
I.ihertr. First 4s.- 8474
Labertr. 24 4s. .. 8434
Llbeerty, 1st 4 8486
Liberty. 2d 4 8454
Uberty. 84 4g. 8778
Liberty. 4th 4i. 8482
Victory, 4s .... 9548
Victory. 3 K. . . . 44
t Chloseo.
No. 1. red
Hich
8994
8474
8449
8490
8458
8778
.8490
9550
560
Low
8986
8470
8434
6480
Close
8986
8460
8430
, S480
8440 - 8448
8738 8758
8474 8480
9536 9540
9584 9534
Chicago Cask Grata
Aug. 26. T P.) CssM wheat
$2.a9S2.66H ; No. 3, red, 12.52;
DEMAND FOR HAY
SLIGHTLY BETTER
HOW WHEAT RTJLKD
Bid
Hard whit ........ .......liJJ
Soft white s.81
White elab 2J8
Hard winter 2J1
Northern sprina ........... 81
Bed Walla .................. SJ9
Gain
: 8e
NORTHWEST GRAIN RECEIPTS
Can -
Portland. Than. . 80
1 ear ago 1 5
Seaaon to date. . 21 81
Year ago . . . . ..1161
Tacoma, W ed . . . -. 7 ,
Tear ago 1 0
Season to data.. 420
Yaar ago 623
Seattle, Wed. . 1 8
Year ago ...... 88
Season to date.. 240
Tear ago ...... 460
Wheat Barley- Floor. Oats. Hay.
18
89
: 12
42
i
62
60
4
9
12T
202
169
"l
, 5
69
. 7T
8
80
156
11
85
1
99
8
2
a
1
lij
173
1'
T
316
288
Demand for hay is slightly improved.
owing-to the dry condition of much pas
ture land. Farmers are being 1 paia
around 322023 for clover hay, $2425
for grain hay, and $2S29 for timothy
nay. Dealers are asking z.& xor urst
crop alfalfa hay I'
There is very little demand for. any kind of
grain. Oats, is only being bought where it Is
actuallv needed -Th. f.rm.rs are being of
fered $46 per ton for gny and $48 for white
oat. never! dairymen have lan in a aaoau
supply of oats and are feeding crushed eat la
preference to the high priced millrun. I ' - '
Gnin bags were cheaper on : the Portland
market Thursday, bags being offered at 12
cents to Aue-ust buvers. Price for nt Jute
an about 4 per cent lea than last year, ac
cording to information received by the ' United
States department of agriculture from India sad
Bengal. ,. t
The American Steel tt Win company crop re
port say: Spring wheat ha been a distinct dis
appointment aa a result ot aroutn ana ran.
Corn, ssved fmm serious dam bv the rain
of last week, is in excellent shape sow, but will
need man rain. 0u continue to yield heav
ily everywhere, 40 to 60 bushela per acre be
ing reported from some parts of the Middle
West. Winter wheat has yielded heavily in
Kansas and Nebraska and fairly well in Illinois.
i'LOUK Selling prices, mill door: Patent,
$12.05; Montana spring wheat. $18.85, Wil
lamette valley brands, $11.20: local straight.
$10.80; baken' local, $12.9591-3; graham,
$10.80; whole wheat, $11.05. Prior fcr city
deliveries lCc extra ;. suburban, 20a extra
HAY Buying price, nominal t - Willamette
timothy; fancy, $28.00 9 29.00 per ton; vetch,
823.00 ;,'fheat, $29.00; straw. $10.00; etover,
$22.00928.00; gnin. $24.00 9 23.00; alfalfa,
$24.00 9 26.00 per ton - i
GBA1W SACKS Nominal. New crop deliv
ery; No. 1 Calcutta. U91Se; domestic, 1 2 a
in car lots ; less amount nigner.
M1LLSTUFF8 Mill run at milL
$50.00 9 60.00. -
OATS Per ton, buying price: Feed,
9 48.00.
BARLEY Buying price!" Feed, $47 509
$48.00; millinc, $48.00 947.00; rolled barley,
sellina nriee. S57.00 m 68.00. -
SEED Buying price : Bed clover, reclesaed.
a 00 per in.
Merchant Exchange bids:
WHEAT
. Sept.
Bid.
Hard Whits .... 283
Heft White ............ 231
White Club ........... 282
Hard Winter 231
Northern Spring ........ ' 231
Red Welle ............ 229
FEED OATS :
Aug. jiooo
4500
BARLET
Sacked,
$46.00
No. 2 whit . .
No. 3 gny ...
Brewing
Standard feed .
No. 3 yellow ..
No. 3 eastern bulk. ......
CORN
. . ...6400
. 6400
Oct! Nov,
Bid. . Bid.
230 229
, 229 227
229 227
229 227
229 227
229. 228
Sept. Oct.
4750 4750
4500 ; 4460
4500 4450
4750 4750
6350 6250
6300 6200
Chicago Wheat and
' Corn Off; Oats Up
Chicago, Aug. 28. -(L N. 8.) Grain fu
tures held within a comparatively narrow rang,
all grains closing lower exeept December rye.
Trade was nervous throughout the session and
fluctuation were rapid. !-.-
December wheat finished unchanged while
March futures closed 2 Ho olf. September corn
wa 1 9 1 e of f at the finish, December
lower, snd May 9 e down. September
oat closed 9 e lower, December . off
and May 9 e lower. .
Provision avenged higher for the day in
sympathy with higher Bos values.
Feature of the wheat trade .was heavy selling
of March against purchase of December by
hentes with eastern connections. '
Cora futures bulged early doe to short cov
ering principally when oat snd provision were
higher, but prices broke sharply carrying the
whole list down when . bouses with eastern eott-
ittetiona were reported to be selling heavily.
May corn at this point went to a new low level
on the crop. - -
Oats showed independent strength early 1 00
buying by eash house with offer small, but with
the break in corn oat tumbled. I
Provision trade wa moderately active, closing
higher for th day, due to good buying eaoaur-
agea by the strength In Bogs,
Chicago. Aug. 26. (L N. 8, ) Pressnr In
wheat was lea ksereesive early todav and this
commodity opened e to le lower for December
and, Je lower for March. The merk steadied
Corn orjened 9 He lower for - Seotember :
9 e off for December Snd 9 e lower
for May.- Cash- honees were the best Seller snd
shorts th best buyer. r -
- Offerings in oats wet light snd there was
little tmyutg. The - market opened 1 9 He
higher for September sod He tugber for
December and May. - 1
Provisions opened higher on short covering
UKiuceo, vr an aavance in nog.
Range of Chicago prices famished by the
unitea rrsss: .:r.- - t
. . - WHEAT :-; : '---V :
-.- Open. High. ' Low. Close.
December 288 235 282 288
March ........ 229 280 '226 228
CORN
September ..... 148 143 142 143
December .....119 119 117 119
.. OATS ' - -
September ...r. 67 67 66 66
December ..... 67 67 66 66
, pork: .
September ..... 2480 2490 ' 24 60
October- . ..... .2660 2583 2560
---- LARI 1
September .... ,1825 183T T 1835
October , T860 1878 I860
- RIBS i I
September .....1480 1602 1480
October 1630 1647 : 1680
2475 '
2370,
1825
1862
1492 '
1540
Rail and Grain Men
! Conference Failure
- Chicago, Aug. 26. (L N. S.) Having failed
to reach-any definite eeaclasJonv grain men who
were in conference with the Illinois public utili
ties commission over freight rate nave Oeparteo
from Chicago. Consequently, the Dlinol situ
ationthe. most complicated in tb whole
country ha been passad up to the interstate
commerce commission ma ting her September 8.
Boards of trade, market mea and carriers want
the state rate iad eaual to in interstate.
Fanners have objected, causing a deadlock oa th
Subject. ; - -,
Bar Prices Dwi
- Ontario. Aug. 28. Th Irrigated lands ef the
Snak 'river and other snd other valleys, of
Maihenr county an yielding large erope of alfalfa
and grain. The latter find a ready market.
Th tonnage of alfalfa ia aa larse it not larger
than usual, and the farmer find no market so
far for hi hay, which - hat been produced M
a high aspens. Many farmers an planning to
feed their hay to cattle or sheep of their own
which thev. exsect to Scauire at soins orieea.
There -will be two and possibly three alfalfa
meal auiia-, inmaueo in uua vauey, one near
Kyssa by RsndaU Sac and oas near Ontario by
George Boa. ' -..., i
Chicago Prod see Ukrkrv
Chicago, Ang. . 2 fL N.- S.) Bttttef
extra f lists, 54e; packing stock, 88 9 40 He.
ibgg iveceipw, a2 oeainary ureas, easy
43c: extra. 67 9 58a; checks. 83 983c; dirtiea.
178C. - f : , " J- - -
Cheese Twins New. 2J 25 e: dafcwes,
369 26 He; Toting Amerioan. 27e; Long Horns,
3ie; Dnoa, zw,c,
Live poultry Turkeys, 4 5c : chicken.. 80c:
Seringa, so
ucks, 88e
ring, 86c; rooster. 24c; seee. -22j3 23c;
Fotatoee Recefots. 91 cars: Jerwv enbblera.
83.25 9 8.40: Eastern cobblers, $5,25: Miime-
WALL STREET SAYS
DEMOCRATS ORRY
By BroadarJ Wall ;
New Yorky. Aug. 26. Call mency
at 8 per cent upset the calculation
Wednesday of , the .bull leaders in
Wall street. In the morning the mar
ket was strong with ' nearly, every
Issue showing - material gains. - It
seemed, howevea, that the short
traders had been eliminated almost
completely. (
Early in the day It became apparent
that : money was going to be tight in
the afternoon and the professionals be
gan selling freely. - When the receiver
ship i of Bethienem Motors waa an
nounced the whole market became -weak
and continued so through to the close.
Final prices were about the lowest
of the day. Net losses were not large
because the early advance had .: been
rather sharp. A few stocks made ma
terial net gain, notably. Consolidated
Cigars, Iron Products, General Electric.
May Department Stores and American
Sumatra. The speculative leaders were
the largest losers because professionals
attacked them with concentrated selling.
In spite of the weakness of the mar
ket, ther is no change in the sentiment
of leading bankers regarding the near
future of prices.. They have turned def
initely bullish. "' ,;-.- .-,
The presidential election is worrying
the Democrats. They imagine they see
a conspiracy on the part of the banks
to ruin business and blame it on the
Democrats. v . ,... .;
$15,000,000 Loan of
Morris & Company
Is Floated Locally
The new' $16,000,000 loan ef Morris &
company, nationally known meat pack
ers, was announced tms morntngf witn
several Portland bond and Investment
houses handling the issue locally. . Th
issue is of 10-year 7 per cent gold notes
which are selling at 98.25 to net investors
7 per cent. , ' -r-
Among the local dealers handling the
Issue are Freeman, Smith & Camp Co..
Blyth, Witter company, Carstens A
Karlea, Lumbermen Trust company.
Ladd. & Tilton and E-. L. Devereaux
&Co. .a, . . , -;.
v l SHORT TERM H0TF.S
Quotations furnished by Clark-Kendall Co., I no.
Security '"o.
Am. Cotton Oil 6 9. 9,1924 - 89
Am. T. A T. 6.. 10. 1,1933 98
Am. T. A T. 6tv. .2, 1,1924 92
Am. Thresd 6s.. 13. 1.1928 92
4m. Too. 7.... 11, 1.1920 99
Am. Tob. 7s.... 11. 1,1921 99
Am. Tob. U ... 11. 1.1922 99
Am. Too. It ... 11. 1.1928 09
An.-Am. OU 7a 4. 1.1926 98
Armour Coov. 7 7.16,1980 96
Kelgian Gov. 7Hs . 1.1945 97
Belgian Gov. 6, 1, 1,1021 98
Belgian Gov. 6si 1, 1,1928 ;. 91
Beth. Steel 7sA 7.16.1922 98
Beth. Steel 7s.. 7.16.1928 96
British Gov. 5s 11. 1.1921 9
U.,.K K U. . 11 1 1191 Sill
Can. Gov. BHs... . 8. 1.1921 - 97 '. 98
8. 1,1929 91 VI
7.15.1023
0, 1.1921
7.10.1926,
8. 1.1930.
Asked.
90
94
92
95
100
99
99
99
98
96
47
9
91
98
97
90
91
Can. Gov. 5Hs.
Cudahy Pkg. 7.
(nU T. "B 7. , .
lap. Uov, 4s. .
kven'not, Coo. Ts .
Lig.-Myen Tob 6 12. 1.1W21
Molin Plow 7s.. 9. 1.1920
Molln Plow ?. ; 9. 1,1921
Mollne Plow 7.. : 9, 1,1922
Moline Plow 7. - 9, el.1928
Moline Plow 7s. 9. 1.1924
N. P. Eop. Tr. 7s S.16.1922
Pac. Gas, Elee. 7 6, 1.1026
Swift 6 ..1... 8,15,1921
U. & Bob. 7s... 12 l;192S
97
50
10
91
97
ft9
9
'. 94 -91
90
99
98
97
97
FOBEIG2V JEXCHA3IQE RATES
97
, 61
71
9T
100
99
88
94
64
loo
06
99 -
98
: Corrected dally by foreign exchange depart
ment of the United State National bank.
, Onenine nominal nte for bank traasaetleoat
- Dnft
- . Cheek.
London Pounds .
. sterling ...... 8.87
Paris Franc. . , 6.98
Hamburg- Bremen -Marks.....'.,
2.00 .
Genoa Lire. . 4.63
Copenhagen .
Kroner .... 14.10
Chris tiahia - .
Kroner .... ,14.10
Stockholm--
Kroner '..i 80.80 -Hongkong
Currency ... 79.00
Japan Yen ., 61.78
Shanghai. .
, Tael . . i , . i.ll
Cable Par
Transfsra : ,, Talae.
I 8.58 $ 4.868
6.94 . 19.80
" 2.0 : 28.81
4.84 19.80
1 4.18 - 26.79
15.15 26.79
20.88 36.18-
79.60 ; ' ' . .
63.00 49.64
1.11
' ' Fortlga Exchange Market s
: Nw-Tork, Aug. 26. (U. F.) All qaoU
Uons except franc were slightly higher at th
opening of th foreign exchange market todav.
Sterling opened at 3.67; franca, .0702, off
.0002; lire, .04(13. np .0001: marks, .0206,
np .0004; Canadian dollar, .8850. - ,
- Further weakness oarrted th exchange on
Buenos Aire down to ,8420 for demand. De
mand sterling closed t 3:68; fnncs, .0710;
Ure, .0418; mark; ,0212; guilder. 8166.
San FraneUee Orals Market
San Frxneiseo. Aug, 2. V. P.I Barter
Spot feed par cental, , $2.33 9 2.35; shipping,
$2.5092.55.
Efficiency
sod
Low Cost
F.W.Baltes
&CoiTiiany
' asasssk as M
Frmtcrs
First and Oak Streets
Mais US Aflt$IIMI
Stocks, Beads, 7 Cottoa, Grals, ' Ete.
16 817 . Board - at, Trad fianaiag
OverbecK&Gooke
DIRECT PRIVATE WIRES
TO ALL EXHANGES
Kembcr Chicago Board f Trad
ComipoadtBts
CaJeago
sVogas Brysa
3lsw Tr-
- tJ J y.evjwo.vv7Te .vw. W s;v.a( api.asis .. w- v . -vaovs. as uwwirre,
N. 2. hari, $2.54 2.55; No. 3, hard, $2.5 T. sot. Early Ohiua, $2.90 $.00,
Miller & Tracey
Adult Catket $30 to $1C00
Main 2691
57S-S3
(Furnished by Herrln A Rhodes)
The terms of new plan for the financ
ing of Maxwell company have been offi
cially announced but it is understood
there Is to be a new issue of A" stock
at par erith a bonus of around three for
on . ln.;"B stoclc This stock ought to
have substantial value, it is. said, be
cause of the earnings ot Maxwell group
in the year ended July 81 were not far
from $6, 50,000. The Chalmers business
will - probably be retained in the new
organisation. . i
Railroad stocks soon should get a start
that should carry them throush such
selling spoils as yesterday afternoon la
me industrials. Buying ; of bonds has
directed attention to the whole railroad
position Vand the market seems to be
merely waiting for the news of arrange
menta of, certain no w4oans and financ
ing arrangements.- V--.v:;:" 1
It is said by counsel for both creditors
and the corporation that Beth Motors is
solvent, having assets of $4,900,000 and
liabilities amounting to $2,000,000. About
$1,700,000 is owed to banks including In
stitutions In New Tork, Boston and Chi
cago of which 81.SU0.000 is practically
unsecured. . A receiver has been ap
pointed. I
(Furnished by Overbeck fc Cooke Co.)
Bank of England unchanged. - '
"I .. i I.
Minnesota railroads asked -court for
permanent Injunctions to prevent state
commission from enforcing return to a
cent farej ; . , .
Federal reserve board finds peak of
Inflation passed with slight Increase in
unemployment in July due to cancella
tion of orders and poor transportation
facilities.! : : . . :
Stock exchange .governors vote next
week on petition to declare holiday Sat
urday, September 4.
President Eaunders of American Manu
facturers t Export association finds in
dustrial conditions greatly Improved over
those of rw months ago and brighter
outlook for foreign trad.
',' There" is a good deal of talk of manipu
lation in-sterling exchange by British
interests;;: Recoveries seem to restore
confidence to some extent
- Wall Street Journal. Administration
woolen profiteering charged responsible
foe closing American . Woolen mills
through cancellation of 1200.000,000 of
orders. ,i . .
a.
WEAK CARLES AND IMPROVED -:
LEATHER AFFECT C0TT0X MART
' Nw York, Aug. 26. (I. N. 8.) Th eot
ton market opened barely stesdy todsy, 5 to 20
points lower. , Jt wa affected by weak cable-,
selling br the Booth, Improved weather In the
belt and i. eiUng by WaU street houses that had
sold yesterday. -Ther eil little uiiort In evi
dence exeept by 'pot Interests round$'i5.3.1
for Ieainber. This eventually - rallied th lut
abont 20 point or rinse to last night's finals.
The close was steady at a net advene of 80 In
70 points. Spot cotton wa. quist and unchanged'
today at 83, No- asles..
Furnished by Ovrbeck A Cooke Co., Boar
oi iraut ouuuing, - i
Open,
Jsnoary ....... 249
February i
March ......... 2430
May 2443
a o a ea t 0 .
July 2410
September ...... ....
October ........ 2710
November ...... , ...
December ...... 234
H'gh.
2550
Low.
2473
2A23 2443
2305 2423
Clo.
;:
23 13
25011
24 .1
2470 - 2406 24"K
, . , , . . 2311
3803 2690 2778
. . . . .... 270O
2630 28S5 2000
Nw York spot market 8360, quiet.
Liverpool Cottoa slow
Liverpool, Ang. 26.1II N. S.l 8rt cwt
ton waa slow t the opening today, with prire
easier. Sales, 80U0. American middling fair,
27.47; good middling,; 24.72: fully middling.
28.22; middling, 21.07: low middling. 18, lit
good ordinary, 14.72: ordinary, 13.72.
Future opeswd quiet.
' Cottoa Export Annoasred
" Wsshirigton. Aug.. 28. ft, N. S.) OoftAa
s-ort from tli Cnlud State during July,
1?20, were 211,841 bales, or 107.444.32J
pounds, valued at $44,161,827. the dererUnent
of commerce announnsd this afternoon. -X-oort
during July, 1919, wsn 628. 9U2 bales.
FACIFIC COAST BANK STATEMENT
Persians Sank
This Wtek.
.1 6.883.706.02
8.748.482.12
4.900,020.74
. 8.642.600.66
Tear Ago.
$ 6. 808.431. 8T
8.094,44 0
6,041, Or.5. 07
4,828,129.01
, Clearing
, , , .
eiunuay , ... ,
Tuesdsy . , .
Wednesday . . .
Thursday , . .
eekan Sank
Clearings, Thursdsy 1,488.320.00
Balances, Thurgdav 4 ...... . .496.150.00
eatti Benks ' ,
Clearings, "Thuvrtay .t. $ 6,893.4 87.0(
Balaaoe. ThurwUy . ... . .... . 1.401,439 00
San Franolsoe Banks
Clesrings, Thursday . j ... $2a.400,O00.0O
Le Alig! Banks
Clearings. Thanday ........ . $IS.180.S75.00
Moaey and Exehsage
New Tork. Aug. 26. (L N. B.V Call money
on the floor ef the New Tork stock, esohange to
day ruled at T psr cent high, 7 per cant; low.
' Tlme'moaey wa firm, lute were: Bitty day.
9 per cent.
The msrkst for prime mercantile paper w
aksady. Call money ia London today waa 5 H
per oent. Sterling etchange was ateady. with
business in bsnkcrsr bill at $3.69 tor demand. .
I II ... M'
l, V New Article Filed
Articles of Incorporation filed with
the Multnomah county clerk i Hydraulic
Machinery company, Portland. $260,000;
inoorporators. F. IC. Kenney, Carl Knut
sen and Bamuel Oieon. The M. J. Wax
company. Inc., Portland, $20,000 ; incor
porators, M. J. Wax, O. II. Down and
Wilbur Henderson.
$25,000 : 6 Cold Bonds General Obligration
CITY of SElillORHC
. - PROVINCE OF MANITOBA
Yield 9
93.22
Exempt From All Dominion GovcrrlmentTaxation
Dated February 1, 180. Due rebruary 1, 192. Oenerelnatlon 81000.
Principal end semi-annual Interest (February 1 and August 1) payable la gold
cola of th United States in New Tork city or at the (office of Morri Bro., Inc.
PINAMfitAL STATEMENT'
Assessed vlue for taxation. . I ;...... i . . . ... $?.IB?.?"
Kiemption not Included above.............. -,oi j.uoo.tw
Genenl debenture debt 186.617.00
Isa sinking fund ............... $23,4 78.00
Waterworks debenture , ............. 77j.839.0O
Light and powr dbenture. .......... 17,644.00 122.861.00
Net debentars debt .............. . . ........$ 68.256.00
JaN IXCtmONAlLr HIOH INTIREIT TIELb IN r BONDS, BSOKCD
1 BV A PROSPEROU MANUMCTURINQ CITY, ; RICH IN OIVERSIFIEO
I INDUSTRIES, IS OFFERED IN TM1 lUE. ' '
i Selkirk is situated at the southern end of Ltk Winnipeg. 2? ralle north of
the City ot Winnipeg. It i th marketing point for th Lk Winnipeg fishing
j industry, 7,000,000 -pound being handled per atinum. its Industries includ
' j hipyard, drydock, saw and planing mill, bos factory, Iron roiling mill, elertrie
i steel foundry, etc., add it ia surrounded by so excellent grieultural sod fruit
" : growing district, . ,
' Letailtr wrovd by Pltbtedo A Hosklns, Attorrieyi. Wlnnieee," Manltoaa,
- j :,. Telephone er Tclsgroph Oreers at Our E spent. - ,
I MQRRIS BROTHERS j Inc.
Between ' The Premise Municipal one' House
Ui an Ui gftabllehee Qsavtav of s Oentwry.
Aarveu Morel aids., 800-11 Stark St.
Ospltm One Million aVoller.
Teiepbene
B roadway
2161
INVEST $781.60
GET BACK $1631.68
BUY ! .
,10-Year First Mortgage 5 Gold Bonds
I i :' 'i ' - J -- - .',,-,".. J- I-,'':": I, ."- . :, .
Pacific Pover & Lignt Co.
Price 78. 1 6 Yield S.2S
Here is what it will do: V
i $1000 bond cosU. ...... ..... . .$ -781. CO-
i $50 interest compoimded at 5
for ten year, amounts to .$ C31.C3
. Value of bond nt maturity. ..... .51000X0
Total ...... ......... . . . . . . . $1631.68
- . j,;.;-1 '
These bonds re prior liens on ALL the immense properties owned
by the corporation and take precedence over its general morttaje
bonds. ' ' , -l ';
1 1 i,-wirtMi WaliitaCiELI-'f tlp-i
1 exn(ZfmOvc?3H. tCaiE-mdL- De?ae3UL
OIDS.TRUSTS--ACCEPTArCES
' LumbeiTnens Building -'
i ' O