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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Aug. 27, 1920)
THE 1 OREGON I DAILY JOURNAL. PORTLAND, OREGON 15 FRUIT TREES REPORTED TO BE- DYING IN : WILLAMETTE VALLEY MONEY ; DECLINE I PREDICTED Edited by Will F. IIcsMan FRIDAY, AUGUST 27. 1920. BUTTERFAT SCARCE AT THIS SEASON . Scarcity of . butterf at has prompted mall 'creameries to Increase the price In order to ; secure enough f cream o Veep : their plants open. ; One creamery sent oqt a card Thursday evening- to the' tra4e offering to pay 69 cents per ipound for butterf at, stating that "we need your "cream." The regular market price paid for city: delivery, by Urge cream- 'cries Is 66 cents.. i- : '' '' Butter enarket to very firm, but no -further Immediate advance U anticipated. Cab extras moved I freely t 57 cents, tbe supply being trifle hort of th dirnsnd. Other tout msr keu, sre advancing, but Portland creamery men d ihot; anticipate another advenes in the im- - mediate future. . ' : ' ' The rincrrased price of bnttierfst Also affected the ehe market and caused 1-cent advance in all Tiiimook line on Tharadajr. . -Persons desiring epecial information regarding any market should write the Market Editor, 1 Oregon? Journal, enclosing a tamp tor reply. .ROC IE RIVEK FEARS ARRIVE Kogue River Bartlctt pear, hare arrived in the market and ara commanding fancy price. Kitra fancy art selling at $ 3.73 per box and . fancy at 33.50. EAR(.r APPLES ARE TERT SCARCE Lsriy apples are ery aoarc this season, fore fnj higher- prloos. Wholesalers ara endeavoring tn get ' bold of more cookers to supply the de . rr.ends of thai trade. Hardly any local apple ' ware seen on the street Friday. Everything waa stork brought in by expreae end aold for round 2.6002.75. Tba trade wanu cooking apples at 11.00 par box. ;', - - -. ' ... -, ,-. 4 .(' . !i DRESSED ' MEAT MARKET IS FLUM : , A firmer ton ia being displayed in the dreasod meet market, but tbia is due to acareity aup ply, rather than to increased demand. The vtsl market fct not an unateady aa it waa tba first of tha week, but it ia still far from bains n a-J healthy condition, Should an extra Urea lot ef Ttai arrive tha market would doubtless far, off in price. Hat market U in food shape, but hardly anything ia arriving. .:- -: t J-' - a r ; ; '.- L: ! ADVANCE PREDICTED IX EGGS Several dealers predict an advance in tha esc market ' bf Monday morningr aa good, stock fa becoming very scarce. Demand for eggs increases with cooler weather. It ii also hoped that the change of ' wather -will improve tba .quality of . egg-j- Hecent arnvau nsvs neen in naa snspc. 'BRIEF arofES. OF PRODUCE TRADE r Car af watermelons and orancea in. : ' ; New croi honey arlling at $8.00 per cue for No. 1. $7.75 for No, 2. Snd $7.5ffor No. 8. Last large abipment for thla season : th fa aan Hen Howling Mob" corn reAlU by aianrin Co. . ' J s i Varioaa grades of atOT polish adTanceds cents "per package - " Eighty-ioOr oane of Chineia egga arrired on " the steamer West Notnan4um. j S MEATHER SOBCfi FOR SHIPPERS . Weather bureau idrinea: Protect ahipmenta during tha next 30 hour against the following ' maximum "temperaturea: CSoing north, fii de- . i . a i ai I e - Heattle railway.- 70 degreea: to Baker. 70 , degraes. and south to Ashland, 78 degrees. Aitx . iioumi tempeuituia at I'crtland Haturday, loout 7u uegivaa. , WHOLESALE PRICES IX PORTLAXD , Tbeaa are niieaa retailers pay wholesalera, ! eept aa otherwlae noted: ! i i V. i H0TTER -Sailing price, 1 box lota: Creamery prime, pairbment wrajnwd, (4e lb. ; prime, i irata. 2c lb. ; flnta, lo lb. ; umaller lots at an ad--Tnce, Jobbing prices: Cuba extras, 07c; firsts, Joe per . i BCTTKRFAT Portland delivery baaia, 8flo .A crade; tic B grade; country stations, 6S K ifi SS?"- -. Y. 4 1 1 t)U:OMARGARiNE Rest brands. 40r; onli :.nary, 83 He; , bakers. 3c. nuUnarsarlne. 1-ib. 'aartons, S2o ier'lb. - i . fHKEHK Selling price- Tillamook, fresh .Oregon faiwy triplets, S3 834o per lb.; Toung ?. America, 3.1 3 tie Prices to Jobbers, t. o. : b. Tillamook: TrilleU, SOe; Young America, . 8 1 c. Belling prices: Cream brick. 4042c. Selling rrice; Block Swiss, 4 8 4 Be J limburger, 40 '! KtJtiS Buying price: Current receipts. 4 8 i? tlGOc; candled, selling price, 03 37c; select, Boo per dnzan, : I I 'i' LIVE POCLTHT Sellmg price: ' Heavy hena !5 Sc ; light hens, . 1 8 2 0c ; spnngs, 2 7 32c mm mnMjtrx. ih nmw id. : tantn. Ufa. t ' i 1 lv:kg. 30S5c Ih. . j j . ' Fresh Vagetsblea and Frurt j H' FRESH FKUIT Oransea. 87.08.50 W 'ho:a bananaa, 1191-c lb.: lemons, S4.50 . (OlPptr rrata : 'grapefruit, 83.00 (g 6.00; canta lruie, California S lands rd. $1.76 (s) 2.25 j pony, $i.2 I SO; flat. 80078c; Malaga grapes, 83.2oWS.80 per crate; aaedleaa grapes, $-.75: peaches. i.0(l 2.-J5 box; plums. il.2S&J.zi -icrste: fears, C2.2& to S. TS. , - j . j t AIT1.KS New, 1.00J.7S. i. 1 ' 1H1KD t-nriT Dates. Irromedtirie. T.OO I 7.50; Fards, $4.00 .per box; figs, $2,750 ' 8.00. : . i i h i i f ONIONS Selling price to retailer: i1 New Walla Walls. 1. ISO 1.73; garlie, 25c per lb.; green onions, H5a40o doaea buncbas; . onioa ' acts. 17lo lb. i rOTATOKS Selling price: Orecoa fancy, 82.25 2.73. . - - -ii.--l.i- " BKKRIKS Blackberries. $3.50 crate. : VEUETABLK8 Turnips. $3.50 sack: - rotiw 2 . A 0 sack; beets, tiuc dozan bunches; let tuce, raiw, cucumnn, aif 9Vfl pox; , tomatoes, 40 75c: egg plant, 12 He per lb.; brorvttili - f -l : hell wmieTs. i 13 44ez oa1rv. $125 dozen: atring beaus, 5c per lb.; greeu eorn. $1.00 691.50 sack. i - - , Meat and Provisions I i ' COCNTBT MEATS selling price :" Country hogs. 2a24o lb. for top blockers; heavy, 18o; -veai 22 23c; heavy vaai. 16c lb. i BMOWKU MEATS ilia. 42 46c per lb.; . breakfast bacon, 42 4e.sc; picnics. 25c pr :lb.; ; cottaca roll. 33c per lb. I , 1.AKU Kettle rendered, 23c lb.; tierce basis, . cratpeund, 20c. . : i. e-. Fish snd . Sheilf Isb '. ! fr I ' FR1SH FISH Salmon, fresh Chinook, 17 i 18 lb.; halibut, fresh, 22 6 24e par lb.; stur geon I : black cod. 10llc lb. kippered -salmon, $2.50 per 10-lb. basket: kippered cod, , 2 ; raaor clams I 1; crabs. $2.75fB8 75 doaau; ling cod, 6 0 8a lb. , . j j j ' tlrocsrlea I ; SUGAJt Nvmlusi prices, refinery basis: Cube. $22.10; fruit and berry, $21.23; Di yel low, $20.83; granulated, $21.25; xtra C. . $20 831 golden C, $20.73. i i ! HONKY New. $1.00 7.30 case. I ! . KICK Japan tie. No. 1. 11c; New OrUaha bead, t ); Blue Kckc. 14tc ptr lb. , s SALT Coaree. UK ground, 100s, $17.23 Tjet Un: 5 -$1M.75: table dairy.' 50s. $27.25: bales. S.3Op4.O0: taney table and dairy, . $$4.50; lump rock. $28.50 per ton. I BKANH - Sales by lubbers. small white, T'tc lb.; lsfge white. 7Vc lb.; pink. 8Ho lb.; l:mas. 12Hc; bayou, Uc; reds, lOHc; Ore gun bum, buying prices, nominal. 5 He lb. i r CA.NNtU MIL; CarnaLiua. $6.60; Jtorden, $8 30; Aftot, $6.40; Eagle. $12.35; Ljbby, f $0,50; Mount teruon. $0.40 per ease, i t- i- i CUFi'liE Itouted. 34 C 4o in racks or -drums. v i I -j- ; ODA CRACKERS In bulk. 0e per lb ! 1 i j i . ?UlS-Wa)nuu. 35Sua per lb; almond. j5c; fUberta. 32e in sack lota; peanuts, 1 yl6e; pecaBs, 25c; Braaila. Mic : 5 -i -v,--. rains, una . . n s 6 '. ! . R0;TSi, IS; "bite. 30e lb.b - IliMltia Til f St MltsxB .v sfi, LINSEKO utU ltaw kettl boiled, bbls.. $U71 ; builtrd. cases, $1.88 xaUrm ii bbhu $1.69 gal. ; raw. cases, $1.64; ctALVUTer, or w,tr 1't drama or "rI,Ib2n?ivi??C "tm 80e per gs Iron. - ViAtiOLLM Iron barrels. J! 30 H e ease. eHc: engine dutillau. iron baneia, loc: tasea! i5Hc"Jer la0-"" " jj lb. TUfiPEXTlXE Tanks. $2 28; eases $2 41 10 ease luta. le each. i cases. S2.41, i l ' . Hope, Wool and Hides i' i" i "HOPS--Komitial. 1818 crop, 70c pound.1 -HIDES Salt Wdea tail weights) , I lc- arraan tides UU -weigbtalr 0 green or salt ialf -tun-der 15 juna ,HU& 23c; green or salt kin I K to 80 lbs.1. 12 ? 18c; salt bulls, grtes bills! 7rj dry bidea, i'Oc; dry salt hhlaa. 15c; an r.if -1 under T Ihs.) , -25c ' 7f ' - 8ALT MOH8S HIDtS ftjiTgel. $4 each aalt bone hWea 4 medium , $3 eChj salt borJ hides (small). 82.00 each. rLTS Dry fine loud wool-pelts. 15e: drv medium long wool pelts. 12c; dry coarse Ions Vool pelts, 10c lb, SALT PELTS -Satt long wool Delta, $2,00 0 3 00 each; aalt lamb pelts, 60073a each; salt shearlings, 23 9 50a each; aalt clippers. 13 as , 23c each. M OIL. IB Low g, 25a; short. 15c lb. ! TALLWW AND GKEAS1C No. 1 UUow 7o- i N. X. 6fe,v- .;,,. .1 .;. ., . ' 5 VA?CARA BARKNew peel, He Vki old 'smW-IO Ha sate lb. t , V TREES UNABLE TO MATURE FRUITS Reports continue to reach Front street wholesale houses that fruit trees are dry- Ins up and dying m ait parts of the Willamette valley. Many of the trees survived the severe winter and blossomed daring- the spring as though nothing- un usual had happened, and glowing re ports were heard about the large crops, i Another story la being told now tn some parts, where it has been found that tha trees nave not enough vitality to bring their crops U maturity. Tba leaves ara shriveling up and the fruit dropping and in many case tha treea ara found to be dead. H ia not s Question of lark of moisture, aa Oregon baa had more rain i this summer tha a in many seasons paat. The tree were weakened so badly last winter that they simply could not recuperate and bear fruit the same aeaaon. i Many grower could probably have saved the trees which survived the winter, from dying at this time, if they had picked off almost all the fruit, shortly after it waa formed, and thus al lowed tha trees to build up. The prune drop in some sections is reported to be quite heavy, and this is laid to the severe cold of last winter. Grain Markets Up j In Early Trading Chicago, Aug. 27 (L N. S.) Wheat fu tures led the upturns ia tha grain lUt on tba board of trade today, allesrrains closing higher. December wheat finished 3e higher; March. 24 c up. - September own closed e higher, December, He up, and May futures. H 0 He higlier. September oats closed He higher; De cember He to c up, and May, He to He higher. Provisions were higlier. Karly strength in wheat induced considerable vliort jeovering in corn, but at top gains good sell ing i was encountered ! and during the last hour of i the session trade was mixed, prices closing fractionally higher. Oats followed tha trend of corn. Shorts and elevator interests bid prices up early, but when corn broke oats eased off, closing fractionally higher. i : Provisions were up sharply on buying to stockyards interests. ; I n I -' : Chicago. Aug- 27. (I. N. S.) With trading light, wheat opened unchanged to He higlier for December end lHe up for March. September corn waa He to He higher and December corn He up- There waa s light mixed trade. Oats started. He to He higher for September, and H e higher for December. Offerings were light..: :-.(. Scattered buying, encouraged by the advance in hog prices, caused provisions to open higher, with offerings limited. ; Rsnge of Chicago prices furnished by the TJuited Press :( !..,"; ; I WHEAT ' Open. High. . 284 280 . 232 "232H COEN . 148 H 143 Low.' ' Close. 238 H 285 H 228 230 H December March . . September December ' 142H 143H . 11H 120H 118 118H ! OATS . 87 87 H 66 74 67 H . 604, 67 'i 66 H 66 PORK .2485 2510 2493 2510 .2590 2500 2585 2590 September December September . J . October . . .; . ' LARD September . ....lS.'.O 1850 1828 18 50 October . . . 1870 1883 1865 1885 i BIBS i September .....1500 1K20 1470 1K0O October .......1560 156 1547 1550 - i : i " 1 Heavy. Eain Halts I Inland Harvesting Walla Wails. Aug. 27 Roarls. fruit, vege tables and alfalfa were, benefited 'by a down pour of rain t Wednesday which lasted well into tbe night .-' The grain men were not entnnsiaetie over the stopping of the harveat outfits, which it is ex pected,; will ba held up far at least 4 6 hours until the grain -can airy out enough to ba threshed. No damage to the grain baa been reported, however, and tbe downpour baa" great ly . benefited t tbe roads, which were becoming rery dusty ssd cab up aa s result of the heavy grain Ualfie ever -them. i AMERICA LIVESTOCK PRICES Chleaao Hogs S1S.7S Chicago, Aug. 27 L N. S.) Hogs H- eeipts, 10,000; market 154t'25o higher. Bulk, $13.83015.60; top, $18.75; heavyweight. $14 30 13.40 1 medium weight. $14,80 0 13.73.- lightweight. $15.00 0 15.78; light lights. $14.50 015.50;, heavy packing sows, smooth, $13.80 014.13; parking sows, rough, $13500 13.80; pic. $13.30015.25. Cattle Receipts, 6000; market steady and strong. Beef steers "choice and prime, $16.73 01T.7Si medium and good. $12.60 0 16.65; good. and choice. $15.00 017.50; common and medium. $.OO0 14.50. Butcher cattle Heif ers. g.$O015.OO; cows, $6.00012.73; bulls, $5.00011.30. Canners and cutters Cows and heifers. $4.00 0 6.23: canner steers, $4.50 0 7.50; veal-caivaa (light and handyweight ) , $13.00 017.US); feeder steers. $7.50012.25; atocker steers, 55.50 010.75; stocker cowa and heifers, $5.00 0 9.00. Sheep Keceipta, 13.000 ; market 25 0 50c higher. Imba (84 lbs. down). 812.23 0 14.80; laxnba, culla and common. $8.50 0 12. 00 ; yearling wethers, $9.00 010.73; ewes, $6,25 0 Omaha Hess $16.00 : Omaha. ?eb., Aug. 27. (L N. 8.) Hogs 450O, market active, fully 23c higher; bulk, $14.00014.50; top, $13.00. i Cat Us 000; beef and butcher cattle, strong to 25c higher. Bulla and vaals, 25c to SUs higher; stockers and feeders, strong. Sheep-11.060 killing lambs, 25c higher; bear range laasbs,' $18. 65; sheep, steady to strong; feeders, alow, steady. Donrer Hogs $180 ; Denver. Colo.,1 Aug. 27. Cattle: Receipts. 300; ateady; steers, 39.50012.00; cows and heifers $6.00 08.25; stockers and feeders, $6.50 (Sfl.OO; calves, $10.50 12.00. : - Hogs ReceipU, 200; market. 25c higher; top. $13.40; balk, $14.00 014 60. SheepReceipts, 8100; market, strong; lambs, $12.00012.75; ewes. $0.00 6.25; feeder lambs. $11.00 011.73. r DAIRY PRODrCTS. O' T11E COAST i - . j - . J 6a Francises Markst Sen Francisco.1 Aug. 27. '(U. P.) Butter Extrss. 67c; prima firsts, 62c . I Kggs Kxtras. 66 H c; extra firsts. ! 67 H c; firsts, 63c; seconds. 46e; dirties, No. 1. 4c; extra pullets, 58c: undersixed pullets, 37c. Cheese California flats, fancy, 31c; firsts, 26Hc : , . - s "w. Tork Produce Msrkt New York. Aug. 27. (I, N. S.) Butter Firm. Creamery, extra. 56 0 58 H S do firsta. flH057Hr da higher scoring, 57 H 61c; Stat dairy, tubs. 46 037c. Cheese Market firmer, 28 28o; whole milk, specials 26 H 0 27 He; do fancy.; 28 H 0 29Hc: skims, choice, 15016c: do fair to good. 120 14 He. i Kggs Market firm." Nearly white, fancy, 71 0 73c; do .brown, 63 0 67e; extra, 60 ft 61c; firsts, 63 0 56c i ProblblUoB Doesa't Affect Hops i Takima, ' Wash., Aug. 27. Liquor baa gone but Yakima hop growert report a banner crop tbia year, both, for quality and quantity, . Grow ers will start harvesting about September 1. Pickers will bo paid $1.50 per box, aa increase of 25 cent over nut year. . : Taklma Oat tbe Map ' Takima courety received first mention In the weekly government crop bulletin under the "apple" division, in the report issued this week. The report says: "Tha apple erop in Takima county, Wa.shington. -ia reported unusually good and free from insect peats. . - The fruit is- o good sue sod may overrun earlier eetimatee. " . , , e ! y , ?lew' York.LoBdost Silver F i New York, Aug. 27. (L N. S. ) Commer ctal bar ailver was today Quoted as- follows: Domestic, unchanged st 99 He; foreign. He lower at 97 He ; ; . . London, Aug. ! 27. (I. . N. S.) Bar Slim wag Hd lower today st 61d. ; . w Tdrk Sagar aad Coffee - Jlw Y.ork- Au- 87. U. P.) -Coffee Ns. 7 Rio. 8Hc; N. 4 Santos, 14.H 013ej Sugar Maw-; nominal. $11.00 0 12 01; re fined, dult. granulated, $17.00 017.10. I . ; ; I Naval Stores Market I ' New Tork. Anr. n II V st i-r.. tine Savannah. 1.4Hr v. V-.i . .r. ""- , Kosm Savannah, 13. OO; New Torsi 14.73 CEREAL CROP V lL FEED THE WORLD HOW WHEAT HTjiED Bid.! ...$gt .;. ts ; ... m . . . tM I ... SJf Gala. i M .91 .: M .81 .61 .91 Hard white. Soft white,. White club.. Hard winter. Northern spring..., Red Walla. 2M NORfirVYEST GRAIN RECEIPTS Cars i i Wheat. Bar. fir. Oata. Hay. No 194 323 l-i i ii I 3 220 $29 i Portland, Fri . Tear ago . . ; 4 80 180 Season to i date. 2228 Year ago . . . .120 Tacoma, Thuss . . 15 Year ago . 21 Season to ; date. 486 Year ago .... 544 Seattle. Thura. . . 20 11 35 1 Year sgo . . .. Season to date Tear ago ... 99 At a moment when the question- of the world's grain supply is of surpassing in terest in every country, mst opportune information is published by the Inter national Institute of Agriculture. After: furnishing an accurate staiement of the cereal situation during the current sea-: son, and collating- In tabular form all available data aa to yield, trade, con sumption, price, and rates of ocean freight for wheat and ry. -conclusions of great value are brought ut- .On April 1, 1920, there were still 103 mil lion quintals (Quintal 220,40 pounds) of vrheat and rye available for shipment from the exporting countries (00 million iin North Amer ica, 32 million in South America, and 13 million- ia Australia).- The importing coun triea are shown to require between April 1 ' and the periods of their respective harvests 81 tnil- l lion quintals. The stocks at 5 that date were consequently sufficient not only to supply all requirements up to nsrrest tuna! in toe noruiern hemisphere but also to leave a iaurpius available In the coming season. ; According to the figures just quoted, this surplus should be 24 million quintals on August 1. 1920, but it may be even larger In tbe probable evest of insufficient .means of transporting tha whole of the 81 mil lion quintals within the bmita of tba four closing months of the current campaign.' AOOD HARVE8T IN EUROPE! Turning to the coming season, the . Statistical Notes proceed to make some j forecasts, based upon such fscts ss are already available: j (a) Importing Countries The generally fa vorable character of the summer points to a good harveat in Europe. If the present promise is realised it may ba assumed that the aggregate requirements of the large importers will ba appreciably leas tbaa in tha past leer. I U. S. CROP SHORT (b) Exporting Countries jl) It is quit doubtful whether Roumanis ean do anything material toward tba world's supply next season owing to tha seriously reduced ares sown last autumn. As regards Russia there is no means of forming s definite opinion. 1(2) British India has bad a larger crop than last year and even over average. It therefore seems probable that exposts will recommence next ' season after their present suspension. (3) The United States expects a crop falling short of that of 1019. but above the average of pre-war seasons. There ara no official Canadian estimates, but it is stated that the crop is doing well and the yield may be considerably larger than last year's, i Taking into account the old crop stocks re maining on hand at i the opening of tha new season, it may be assumed that the available exportable surplus of wheat and rye from North America during tba season 1920-21 will ba greater than the quantity exported in the current season. '"-! I The outlook: of tba earning iyesr may, there fore, be summarized so far ai tha present sit uation indicates as one which! does not Justify sny serious anxiety, either with respect to the needs of tha importers or to that extant of avail able supplies in the exporting conn tries. j . FLOUR Selling prices, mill door: Patent, $12.95; Montana spring wheat. $13.25, Wil lamette valley brands. $11.20 l local straight. $10.60; bakers local. $12.95 013.26; graham. 10.80; whole wheat, $11.05. Prices fcr city deliveriea lto extra ; suburban, 20c ettra HAY Buying prices, nominal: ! Willamette timothy, fancy. $28.00 0 29.06 per ton: vetch. $23.00; 'cheat. $22.00 0 23.80; straw. $10.00; clover. $22.00 0 23.00; grain, $24.00 0 25.000; alfalfa, $24.00 025.00 per ton. . GRAIN SACKS Nominal. New crop deliv ery; No. 1 Calcutta, 11013c; domestic, 12 He in car lota; lesa amounts higher. i ! MILLSTL'FFS Mill run at mill, sacked. $59.00 0 60.00. - j OATS Per ton. buying price: Feed, $48.00 048,00. , f ' i HARLET Buying price; -! Feed. $47 50 0 $48.00; milling. $46.00 0 47.00; rolled barley. selling price. 3 57.00 0 OS. OO. SEED Buying price: Red 30c per lb. Merchants exchange bids : WHEAT clover, reclesnsd. - Sent 233 ........ 2i32 ........ 234 , 232 . . . . 2,32 230 FIELD OATS A . . . . 4900 . ... 4300 BARLEY I Oct. 231 280 231 : 230 230 229 Sept. 4750 4500 Not. 229 238 229 229 23 228 Oct. 4750 4450 Hard whits . . . Soft white Whits club . . . Hard winter . . Northern spring lied Walla No. 2 white No. 2 gray . Brewing Standard feed 4730 4630 4750 4650 COReV No. 8 yellow 64 50 6400 6400 6300 8300 No. 3 Eastern yeL (bulk) 6550 Red Spider Injures Walla walla f runes Walla Walla, Aug. 27. According to Dis trict Horttcnlturalist E. . i Wood, the prune crop for Walla Walls county) will be from SO to 70 csrs less than was at! first officially a timtted. The drop was caused by the ravages of the red spider in this section.' The present estimate means that this years' ; Crop will be from 85 to 105 cars less than the 255 cars shipping out of this county last year. - Tbe first prune shipments started yesterday from produoe companies here, the prices to toe growers being $5V per ton. I Wednesday's rsis. however, halted shipments ' and shippers are claiming to have suffered considerable loss be causa they could not more fruit an hand before tha increase in freight rates took effect. Prunes sis in better snaps as s lesult 01 the rain. -4- COTTOT MARKET OPEXED FIRM OY ADVICES FROM LIVERPOOL New ork, Aug. 27. L N. S.) The cot ton market opened firm today at an advance of $3 to 54 points on strong cables from Liver pool foreign buying, - unfavorable weather sad a renewal of heavy covering, j The Bat held well after ths start. Business Was active during the first 20 minutes, with soma j Wall street firms sell inc. Moderate pressure else came from tba MUth. - - i ; - t - - Ths close wsi firm st s net advance of 33 to 72 points. -- I' ' I '' I '' Furnished by Overbock ex Cooka Co.! Board Trail. Ktiildinif- I t - i -.- . Month Open. 2585 . High. 261,2 Low. 505 o35 250O 248H 2897 2808 2623 Close. 2600 25S5 25T2 2645 2525 2515 2500 2SS3 Jan. ....... Feb. ....... March ...... April May Juna ....... July , Sept. J: tlct. ....... Nov. 2343 2373 2323 ; 2475 289T 2S23 2640 2548 248R 2902 2638 2450 2688 IXC. 2678 New York spot market, middlings 3350: quiet. unchanged.;. v ,j 1 . - i ' i -, ' J.lTsrpool Cottoa Market?! 1 Liverpool. "Aug. 27. II.! N. IS.) Spot icot fon was in fair demand today.! Prices steady. Sale. 8000 bales.; American mid. fair, 27.10; good mid.. 23.24; full mid, .1 23.74 S mid.. 22.49; low mid., 18.69; good ord.. 15.24; OnL. 14.24. - Futures opened very steady. 1 ' f ' !""- Spot Cotton Quiet -. '.'- New Tork, Aug. If 7. (I, N. I 8. ) Spot I eol tott was quirt and uBchaaied , here today st SB He. No sales. i -'I-' ' Chlearo Cash! Grrfln Chtcaso. Aus. 27. Ca.sh wheat NaJ 1 td 82.60H: No. 2 red. $2.3! 0 2. CO H i No. 3 red. $2.37: No. 3 hard. $2.5.4 H 0 2.60; No. 3 bard, $2.59; No. 3 spring, - $2.47 H. ; --(-- -- MfnneaBolis Flax Market! I .' Slinneapclis. Adz. 27. ilai Track, $3.1: 0 3.14. arnte susa. M Hi 1 n a 19 1 29 90 s 218 ! 12 161 I-. 43 1.. 1 2 29 ... . 4 260 63 ,61 489 69 81 PRICES CONTINUE ' ADVANCE ON MART i New Tork, Sua. ijll. W. - Tha stock markst ciosad waa . today on asp so tally ths sugar stocks. . most of the toasting . rssuas bofd around tnab after naasi lose figures. American Sugar refining dropped points t 1119. Ouba Cans Sugar faH S patnts to 32 H. teal mwiss soM Sewn to BOH, ratlylne at ths aloeob i Baldwin LaaomoUaa raeaearad st ths cleea ts log H. Maskssn retr oleum, aner its Srop of over 4 points to 181 rsos.te 162H at ths class. Plerce-Arrew recovered to 38 lA . The rails hold firm. Union Pserftc advanced f ye to 1Z7H. Raadlng reacted to 92. i Government bonds u nchanqed. railway and other bonds steady. , . Total sales or stocks wars eis,uu snaras; bomis, $9,398,000. New Tor, Aug;. 27.(I. N. S.) Prices continued their advances at the opening of the stock market today, gains rang ing from fractions to over one point be Insr general. " I - ; ' - Steel common rose to! 91, s gstn of H . Re public Steel advanced 1 to 80 H ; Baldwin Locomotive, to 110 and Crucible H to 138 H. i - ' All . the rails were in good demand, Chesa peake A Ohio advancing l'i to 89 H. and Canadian Pscifie IH to 121 H. Reading Irora OS rose H . Snd Southern Pacific was H higher at 96 H. i Mexican Petroleum rose 1 point to 163H; Pan-American Petroleum 1 H to 89 H and Koyal Dutch 1 point' to 82 H. United Retail stores rose IH to 69 snd Chandler Motors 1 point to 88. I ! The market made further gains during tha forenoon, nearly all the leading issues moving up farther from 1 to 2 points. A call money renewal rata of S per cent , brought a bait to the upward movement. Steel common was exceptionally setivs- snd strong, selling up io 91 H. Baldwin Locomotive, after moving up to 110 H. reacted to 108 H and Republic Steel feU over 1 point to 80. Tha railroad issues were active and atrong, especially the low-priced shares. Mexican Petroleum, after touching 165, fell to 163. ; The motor sbsres were in supply. - FuraLhed by Orerbeek 4 Cooke Co., Board of Trade building: littfjCKlPTlON : Open High I Low I Close 1 AJax Rubber , ....1 60 1 50 I 50 I 49 i Ailia Chalmers. . . . . 83 H 32 32 H 32 H Alloy Steel . ' 89 H Amer. Can, e..... 85 85 H 34 H 34H Amer. Car Fdy..., 134 H 136 H 184 H 134 Amer. Cotton OU. . 24 H 24 24 H 34 H Am. Hide aV L.. e. 14 14 14 14 noi pfd .. 75 75 74 74 Amer. Infl Corp'n. 74 H 75 H 78 7 Amer. Linseed, c. ..... ..... ..... 61 H Amer. Loco., c... 96 H 96 05 95 Amer. Ship & Com. 21 H 23 21 21 Amer. Smelter, e. . 56 66 55 -65 Amer. Steel Fdy... 88 38 H 88 87 H Amar. Sugar. 114 H 114 H 111st 111H Am. Sumatra Tob.i 88 89 H 87 H 88 H Amer. Tel. A Tel. . 96 96 H 96 H 96 H Amer. Tobacco. ... .....112 . Amer. Woolen, e.. .80 80 78 78 Amer. Zinc ...... 12 H 12 12 12 Anaconda Min. Co. 62 63 H 82 62 Atchison, c 82 83 82 82 Atlantic G. A W. I. 188 189 H 188 186, Baldwin Loco., e.. 110 110 108 108 Baltimore A Ohio. e. 89 40 39 89 Bethlehem Steel, B. 77 78 76 76 Bosch Magneto.... 87 87 87 85 Brook. Rapid T... 9 9H 9 10 Butte eV Superior.. 19 19 19 13 Cl. Packera' Aasn. 69 69 69 68 CaL Pettoleum. c. 28 29 28 27 Canadian Pacific.. 120 121 120 121 Cent. Leather, e.. 54 65 64 54 Cerro de Pasco. . . 88 39 38 88 H Chandler Motors.. 88' 88 85 85 Chea. sc Ohio 59 89 59 68 Chicago C.W W.. c. 9 9 9 .9 do. pfd. ...... 25 25 2a 24 C, M. A St. P... 85 35 34 84 C. A S. W 71 71 70 71 ChUe Copper..... 14 14 J4 14 Chino Copper 27 28 27 27 Columbia G. s E.. 65 63 54 54 Colo. F. A 1 36 86 36' 86 Cons. Gas ....... . . i . . . . 78 Cora Products, c. . 90 00 89 89 Crucible Steel, c... 188 139 136 136 Columbia Graph... 23 23 23 23 Cuban A. Sugar.... 40 40 39 89 Cuban C. Sugar... 35 35 82 82 D. A R. G..C... 6 5 4 4 do. pfd. 10 10 10 10 Erie, e 14. 14 13 14 do. rid 21 22 21 31 Fiako Tire ...... j 27 27 27 H 26 H Gaston WiUiama .. 9H 9 H OH 8 General Cigars 64 63 64 63 General Eire trio .. 142 142 141 140 , General Motors 21 21 21 21 Goodrich Rubber . 66 66 54 64 Gt. Northern Ore . . $2 82 82 , 81 Ot Northern By. 72 73 72 73 Golf .States Steel . . . j, 63 Ice Securities .......... . . - . . ..... 38 Iilino4 Central .... 88 86 86 83 industrial Alcohol . 83 87 85 86 Inspiration Copper . 46 46 46 46 Inter. Paper 81 81 79 79 , Inter. Harvester ... ..... 123 L M. M-. c. 3 25 25 24 do pfi . 76 76 79 75 H Inter. Niche! .... . 20 20 19 19 K. C. S.. c 19 19 19 19 Kelly Springfield .. 70 79 H 78 77 Kennecott Copper .. 24 24 24 24 Keystone Tire 18 18 17 17 Lack. Steel 70 70 68 68 Las. Fa. Players . 70 70 70 70 Lehigh Valley 45 45 44 46 Max. Motors. c..V. 11 11 10 10 do 1st pfd...:.. 19 19 18 18 Middle States Oil.. IS- 12 11 11 Mei. Petroleum 163 165 - 161 H 162 H Montana Power ... ..... 61 Miami Copper 19 19 19 19, Midvale Steel 89 39 39 39 Miss. Pacific, c... 28 26 23 23 do pfd ....... . 46 45 46 44 National Enamel. . 69 59 68 58 National Lead .... j . . . ..... ..... 72 Nevada Consolidated 10 10 10 10 New Haven ...... 34 84 83 83 N. T. Air Brake... 96 N. Y. Central .... 78 73 72 72 Norfolk & West. ... 04 95 94 93 Northern Pscifie .. 74 74 78 74 Okla. Ref. &. Prod. 3 8 3 3 Pure Oil . ... 38 88 88 88 Pan-Amer. Pete c. 88 89 87 .88 . Penn. Railway .... 41 41 41 41 Peoples Oas ..... . 29 29 2 29 Piorca Arrow ... . 39 89 85 86 Pierce Oil 12 12 12 H 12 Pitt. Coal. c. .... 61 H 68 H 61 H 62 Pressed Steel Car, c 96 96 96 96 Pullman -. . . ..... 112 Ray Cons. Copper.. 15 15 15 I 15 Rail. Steel Spring. ....)...,.. .-!;, 4 Reading, c 93 " 88 93 91 Royal Dutch ..... 83 83 S2 82 Rep. L A 8., c. . . 85 87 86 85 Retail Stores 69 70 68 68 Rqck Idand. c... 36 86 83 35 . do pfd "A" 75 76 75 75 do pfd. "B" ... . . i ... 64 Sinclair Cons. 28 29 28 28 Sinus Sheffield .... 09 69 68 67 Southern Pae. 96 96 65 95 Southern Ry. ..,.. 27 28 27 28 Stromberg Motor .. 78 75 72. 72 Studebaker, c 63 64 61 61 Shell 61 51 61 51 St. Louis eV 8. F. . . 26 26 28 26 Swift & Co.... 107 Tenn. Copper . . . . . f 9 9 9 9 Texas Oil ....... 47 47 47 47H Texas Pscifie .... . 35 86, 85 85 Tobacco Prods. .... 66 67 66 63 Trans. Oil ... 9 9 9 9 Onion Pacific, c... 120 121 119 121 do pfd .. .i . . . . 4 64 64 64 ITnkm Oil of Del.. 27 27 2T 26 17 nicn Food Products 50 60 59 59 Cnited Frnit . . .. 194 194 194 190 V. 8. Rubber, c 86 86 85 85 V. S. -Smelt. A Ret. '68 63 63 53- V. S. Steel, e.f..". 90 91 00 90 ; do pfd 106 106 106 16 ' Ctab Copper . . 61 82 61 61 Vanadium Steel J .. . 71 72 70 -70. Virginia Cham. J c. . 65 65 3 65 Wabash I.... .8 8 8 8 Wabash, A .. 26 26 28 25 Wabash. B ...... .. 16 Western Union ... 82 82 82 82 Westtaghouas Klec.. 47 47 47 47 White Motors .... 47 i 47 43 43 Willys Overland... 16 16 14 15 Woolwortb ...... 106 106 106 106 Worthing ton Pump ,4 61 61 61 60 otal sales. stocks, 628.700 aliares. bonds, $0,809,000. Total sales. Liberty Bond Sales " Furnished by Overbock eV Cooke Co., Board of Trade-building. Open. High. Liberty. 3.... 8900 8990 Liberty. 1st 4. . 8480 8480 Liberty, 2d 4s. . . 8486 8436 Liberty, 1st 4s 850O 8320 Liberty. 2d 4Hs. 8454 r458 Liberty, 3d-4Hs. 8770 8776 Liberty. 4th 4 Ha 8480 848 Victory. 4 S ... 9536 9542 Victory. 3s ... 9536 8542 Low. 8986 8470 8436 8300 8442 . 8750 8480 9434 9536 Close. 8986 8470 8436 8502 8454 87 8478 9584 9534 New Tork Metal Market : Now York, Aug. 27. (L N. 6.) Metal prices: r opper ateady; spot. August and Sep tember offered 1850. October 1 8 0 1 8 . No vember 18 13. December 18 019. Lead sjuiet. . Spot and August - of feted 9 ; September snd October, 8.80. 1 Spelter easy; spot and August. 815; Sep tember. October, November and December of fered S.S0 - , STEADY TONE IN UVESTO MART . Hngs. Cattle. Calves. Sharp. Friday .......... 234 143; It ... Week ago 64 1 63 1 23S Two weeks ago. . . . 176 41: 12 235 Four weeks ago.. 289 3 ... 878 Tear ago ........ 260 31 328 Two .years sgo. ... 494 276 97 1142 Three years ago... 368 219 2 23 Four years sgo,.,. 346 44 4 123 The usual Friday quietness prevailed in the livestock market, little activity being displayed in any line. The receipts were also amalL but C cars Arriving. A ataady tons ruled in ths bog alleys. Sales were few. but at good prices. Overnight ran wss light, only 234 bead arriving. General hog market range: . t Prima mixed $16.60 017.00 Medium mixed , 16 00016 66 Rough heavy t . .1 1 9.09 m 18.66 Kmooth heavy .............. 13.00015.60 Pigs ..; 12.0li.00 - Cattls Market mixed Tha cattle market showed a steady to weak tone, with no change in . prices. , Run was ths heaviest 'ridsy run for several weeks past.- General cacti range : Choice grass steers . . . Good to choice iteers ....3S.5O0IO.6O .... 8.500 9.66 Medium to goad steers . . . , Fair to good . steer, ........ Common to fair steers. ...... Choice cowa and : heifers. Good to choice cows and heifers Medium to good cows snd heifers Canners .................. Bulla Choice dairy calves. ......... Heavy calves ............. Best light calves ,. , Medium light calves.......... Best feeders ............... ..,, 7.600 7.00 0 8.60 7.50 T.00 8.00 T.23 6.26 4.75 6.00 6.00 0 7.250 - 6.230 5.29 0 2.75 0 6.00 0 18.00 016.00 : 7.00 0 9.00 11.00 013.00 9.00 011.00 6.50 0 7.00 6.60 0 6.50 c mkt to ieoaers ....... Mutton Market Steady Sheep snd lambs maintained their stesdy tone, two sales in tha lamb alleys being made at the market top of $10. Nothing arrived in this line, so all trading was dons in holdovers. General aheen and lamb rsnge: 1 ' Prime Iambs 9.00 010 00 Cull lamba 6.00 0 T.00 Yearlings 6.250 7.60 Wethers 6.25 0 678 Swes 2.26 0 6.00 Thursday Afternoon Sales ' j ' No. : Ave. lbs. Price. No. Are. lbs. 23... .1020 8.25 1....1210 2.... 1170 9.00 ' i. ...1006 8,... 860 6.50 .1.... 820 IB 1006 8.50 2.... 876 OOvVS k ' 1... .1080 4.75 l...109O 4.... 990 6.00 3. ...1146 1 890 6.60 1.... 710 1.... 990 4.0O 1....1050 1... 800 5.00 - 1....1210 1 1110 6.75 24-e-v. 933 1.... 930 6.75 2.... 930 1 109O T.25 10.... 983 1..., 90 4.O0 1....1060 1.... 930 3.00 1....1000 5 1142 5.75 1.... 870 1.... 740 6.35 1.,.. 900 17 856 6.35 1.... 860 1. . .. 670 4.0O i BULLS "-. I 2.... 460 $ 7.00 1.. ,.1500 1 1300 5.00 f MIXED . , - - i - ' 31.... 860 $ 5.00 3.... 70S HOGS 1.... 470 $13.00 1 13.... 178 11 193 16.75 4.... 160 3.... 303 14.50 10.... 200 8.... 176 16.25 2.... 130 8.... 102 16.50 , j LAMBS KWES '.- -I - . 6.... 84 3 3. 00 12.... 86 Price, $ 7.00 8.25 5.75 6.00 4.60 7.00 S.60 - B.OO 6.60 6.73 7.00 " 6.75 6.75 0.73 6.33 6.83 4.50 $ 5.00 $ 6.00 16.50 16.50 16.00 $ 5.00 Friday Morning Sales HOGS Ave. lbs. Price. 1 No. Ave. lbs. .. 172 .. 168 Price. $16.75 16.60 176 $16.73 1 . .. 183 .18.60 J STEERS 8. 26. 1. t. 2. 8. .1180 --.50 1 1... 860 $ 8.00 910 7.50 I COWS 5.06 I 16. . . 5.75 I 18... 7.60wl CALVES . . 716 . . 925 . . 903 881 772 6.23 6.40 .. 142 313.00 I LAMBS . . 54 $ B.50 1. .. , . .01 10.00 6... , . 82 10.00 YEARLINGS 1 .. 100 $ 6.00 I BOCKS ,.190 $4.00 65. 20. 17. fo TO 9.00 8.00 PACIFIC COAST BAKK STATEMEICT h' Clesi This Week. 6.838.796.02 6.748.433.12 4.909,029.74 1 5,642,699.66 6.091,150.82 Seatua Bank Tear Ago. 6.893.431.81 5.094.484.80 6.041.965.97 4.828.129.61 4,801.632.27 Mondsy . Tuesday Wednesday Thursday , Friday . . , ... ,. -, ... Clearings Balances . ..3 4.614. Jll.00 763,214.00 Taceme Bsnks Clearings Balances 699.809.00 139.441.00 Speksns Bsnks Clearings . , Balances . . . 1,490.741.00 434.363.00 San Franelsse Banks Clearings ... .... 9 $24,600,000.00 Los Angeles Bsnks - I ' .$10,94.00fl.00 Clearings TO&EIGX XXCHA2TOS BATES- Corrected dsily by foreign csehanga dspart snent of the L'nited States National bank. Opening nominal rates tor bank transactional Draft Checks. . London Pounds sterling . . .$ 3.56 Paris Franca.. 6.98 Cable I - Par - Transfers Value. $ 8 57 $ 4.866 . 6.98 19.30 2.02 23.81 4.67 19.30 14.10 26.79, 14.19 26.78 20.30 26.79 79.80 I ..... 62.00 49.84 : 1.11 ..... Hamburg- Marks . ... . Genoa Lire . . Copenhagen Kroner Chriettania Kroner , , .. Stockholm Kroner . Hongkong . Currency Jspan Yen . Shanghai . Taeia . . . . . 2.02 4.66 14.05 14.65 S0.20 79.00 51.75 1.11 Forelrn Exchaace Market ' New ; Tork, Aug. 27. Foreign exchange spefied easier today. ' ' Demand sterling was $3.36 . off 1 : francs. .0897,1 off ,O009; lire. .0465. off .0002: marks. .0203. off .0006. - Ths exchange wss generally easier and un settled toward ths close. Sterling dropped to $3.5, off 2 Ho on the nay. Franca lost .0010, lire 0002; snd marks .0067. " Sterling demand was $8.87,- cable $8.68; francs demand .0700, cables .0701: lire demand .0467, cables .0468; marks demand .0202, cables .0203; Canadian dollars .08875, up -.O016.:-;-..'--v V" .j v, VI 'tn: :: . : Ckleag-o Prednre Market Chicsgo. Aug. 27. (I. N. 8.) Butter Re eeipts, ?9$6 tubs; creamery extra, 53 He; extra lints, 48 W64C; packing stock. 9T64v.sc. -. Kal lieceints. . 6491 : miseellsnaoua. 46 0 49a; ordinary' firsts. 44046c; firsts, 49 060c; checks. 93kr s5c; mrttea, 3-jase. Cheese Twins New. 28 0 28 Her Palsies, 26 0 26e; Toung Atnerbrsas, 27o; Lone Horns, 3 JC: twick, 29 He. - - Lie Itultr Turkeys, Se; chickens, 28 0 29c; springs. 82c; roosters. 24c; geese. 22 0 f i,.k. US.. - ! -potatoes Becelpto. 37 cars. Eastern Cob blera. 35.26; Jersey Cobblers. $3.3603.35; liuineaota Ouioa, 2.7z.u. i Dried Fmlt and Beast - New Tork. Aug. 27. (I. N. S.) Beans Market ateady; marrow, e holes, $1160: pes. choree. SIT. BO. " - v. "'- Oried f ruiu 'Market quiet ; apricots, extra tcboice to fsncy. 26 0$7c; spplea, evaporated. fri me to fancy. iliSHc; prunes, bus to nws, 7 025c; 60s to 100s. ll016e; pearlies, extra choice to fancy. 19 0 21 He; seeue rsuuaa, caotco to isncy. iia'C i-i,,f..;:'-' -:'' " " -I'-- - Dodder Menace to Alfalfa ' Walls WalU. Aug. ST. Dodder, aa slfstfa tjanuiw. tbraataned e become a serious anenac la tha country -snlaes Steps are takes to prevent 1U getting any turtner start, says fjounty Agent W. H. TaUey. Ths dodder pUnt is yellow in color and twines itself a round the alfalfa. Its tendrils sucking ths tap from the plant. It grows very rapidly until a colony ia formed. , 1 Xew Tork Wool aad Hides . New Tork, Aug. ST.t I, N. S, Wool Market dull; domestio fleece. XX Ohio, 40 0 60c; pulled, scoured basis, 4Oc0$l.l4; Texss, icdured basis. 6Oc0$1.2O. J - Hides Market quiet: native Steers, 25a2: branded steers. 23 023c. . i . ' R. R. TRADERS HAVE TCELE By .Brosutan Wall New Tork. Aug. 27. -Although money went to 9 per cent In Wall street Thursday, after refaewlng; at 7 per cent, tbe stock market closedi strong and fairly active.! It waa the first day of the Increased, railroad rates and traders celebrated a little bit, .--1 r -'"';;-;;t. :i-:i: ' ?v; LjBut' the real reason fori the strength or the market was the tact tnati arter the end of this week a sharp decline is expected in the money rates together wjth better supplies of credit. ; The ad ministration is keenly alive- to the politi cal dangers of the banking . situation. Cotton options had a swing of 100 points between high and low. j Hailroad stocks and Tobacco showed the greatest strength, but there was also activity in a few of the oils. Houston Oil, which brought in ' a new well, was particularly strong. Untied States Steel, Southern - Pacific, Reading and - Union Pacific were the real market leaders. News from Poland was reassuring to the bull party. , , . i , A call money rate of 9 per cent was caused partly by the withdrawal , of money by, the United States govern ment, v In addition to that there are the September disbursements for Interest and dividends to-be provided. Wall street is not afraid of a high money rate, because- pressure is to be brought to bear on the federal reserve board to stop .prof iteerlng - in money. - ? 'For the advance in the railroad stocks no new reason need be assigned.. The machinery of a constructive market has been well oiled and is now beginning to function. i ' Canadian Coin Discounted , . Spokane, Wash., Aug. ; 27. Spokane banks will stop paying out Canadian silver at once and will not accept it without discount after Monday, August 29, it waa decided recently at a meet- ing of the Spokane Clearing House as sociatlon. ,y The delay in putting into effect the discount is to ; give the Spo kane public ample opportunity to bank their present supply of Canadian silver without loss, the banks themselves as suming that. . : v SHORT TERM KOTES Socurity - MAR DRAIN . Bid. Asked. 89 , 90 . 03 . 94 92 92 92 95 ' 99 ! 100 1 ' 99 99 09 : '99 99 99 V .. 98 99 - 05 96 97 : 97 98 ' 98 90 ' '91 ' ; 98 - : 98 , 97 97 . 96 U 96 - . 91 j 91 91 ' 91 - 96 - 08 , 91 , 91 97 97 cr 61 70 ? 7 1 91- 92 97 - 97 99 - 96 07 94 V8 - i 4 - 90 , i.'94 1 -.: 99 100 : 06 98 97 98 1 TJ Am. Cotton Oil 6s 9. 2,1924 Am. T. A T. 6s.. 10. 1.1922 Am. T. T. 6s. . 2. 1.1924 Am. Thread 6s.. 12. 1,1928 Am. Tob. 7s.... 11, 1,1920 Am. Tob. 7s. ...11. 1.1921 Am. Tob. 7s . , . 11. 1.1922 Am. Tob. 7a ... 11, 1.1923 An-Am. OU THS, 4. 1.1B23 Armour Conv. 7s 7.15,1980' Belgian Gov. 7 s , 1,1945 Belgian Gov. Cs 1. 1.1921 Belgian Gov. 6a. , 1. 1.1925 Beth. Steel. 7s.. j 745.1922 Beth. Steel 7s. ; ' 7.13,1923 British. GOV. SS 11, 1,1921 British Gov. 5 Ha 11, 1.1922 British Gov. 8 vll. 1.1822 Can. Gov. '. 6s..' - S. 1.1021 Can. Gov. 5 a.. 8, 1,1929 Cudahy Pkg. 7s.. 7,15.1923 Int. T. R. 7s. . 9. 1.1024 asp. Gov. 4s... 7,10,1923 Kea'rot Cop. 7s. 3. 1,1980 Lig -Myers Tob 6s 12, 1,1921 Matins Plow 7sr.r , 9, 1,1920 Molina Plow 7s.. 8. 1,1021 Molina Plow 7s.. 9. 1.1922 Molina Plow 7s. 8. 1,1923 Molina Plow 7..- 9. 1.1924 N. P. Eqp. 7s.. -i 6,15,1923 Pac. Oas. 7a..f. ; 6, 1.1925 Swift s . . . . ... 8.15.1921 U. 8. Bub. . 7s. .12. 1.1923 3Ioney and Exchange - New Tork, Aug. 27. (L N. 8.) Call money on the floor of the New Tork stock . exchange today ruled st 8 per cent; high.. 10 per eeat; low, 8 per cent. Tims money was firm. Rates were 9 par cent. The market for prime mercantile paper waa ateady. Sterling exchange was weak, with business in bankers' bills at $3.55 tor demand. I Call or write for list of" - High-Grade 7 Tl MIL to yield b'to y4 IvtA-Sfl I -co Sccosro fuaom&f, Maim 4o HOftTHWtSTT-RM BANK BLD. Who is responsi : ble for the man agement of Your : Property? ----. .. - . TT is i. reasonable be- - lief that our service 7 to customers Is iktis-.l .factory from the fact , that our Ust of clifents ' is constantly enlarging.. r -vV -:-- .-?-' ----- ' :"; ''--j-'----.C'.:';-:' ' ': ';' We shall be glad to ex. ... plain our , methods of butines s.r property v jmaliagement to you at your convenience. . Strong 6 McctlauJMcn wvvay COMtl OoetWscO! Stacks, Sons g. Cotton, Grain, Ft e. 216 217 Beard ef Trade BstldiBf Overbeck&CookeCo. DIRECT PRIVATE WirJZS TO ALL EXHANGE5 Mmber$ Chlcafo Board ef Trade Correapoakents ef XVefas Bryan Chicago , Tork, - ' (8 T .-f Cf vTTltaW JSJ e-kfc - J 1 1 1 I h a I V ----i 7- Furnished by Herrin as Rhodes. Ina. " -t Washington. Kxpansion of bank cred its has been definitely checked. Governor Harding of the I federal reserve board states today, reviewing the credit situa tion. Turning n the Hd of expansion and beginning of ai more hopeful finan cial outlook is attributed by Governor Harding to the -vigorous prosecution of the policy outlined by the federal reserve board to shift application for any amount of loans' from non-essential to more established branches of trade. Gov ernor Harding emphasised the point that thla policy la being pursued energetically but with a maximum consideration for maintalnence of productive activity in air parts of the country. In tho adjust ment of trade and, industry to the new business of essential production, suspen sion of operations and some hardships from unemployment may result. Gov ernor Harding said, but In view, of the serious shortage of goods in all lines and pressing demands of consumers over the entire world, a readjustment had been effected without undue delay and with minimum otj friction and unrest. Liggett 4 Meyers 'declared regular divi dend 1 per cent on preferred. Dates October 1 and. September 15. Stromberg declared regular dividend SI. Dates October 1 and September 10, - .v - .- i i Lackawanna declared usual quarterly l'-k per cent dividend on common. .Dates September 30 and (September 10. Governors of 1 New York cotton ex change adopted I a resolution that the exchange be closed September 7 in order that the members may celebrate the fiftieth anniversary of the exchange. Furnished by Orerbeek A Cooka Co. Chicago. Local bull leaders have not changed their -opinion on wheat or corn, especially wheat, as it Is difficult to buy In the country, j Those having large ex port sales to fill are uneasy over the at titude of farms In withholding grain. British buyers are speculating in an alv most unheard of; manner tn wheat: They are working In a world-wide plan and are willing to take the risk of being forced, to pay higher prices later if their ideas as to quantities available do not materialize. Increasing reports of large farmers' offerings of corn are coming; from Illinois and Iowa. Todd Shipyard corporation declares 100 per cent stock dividend and extra, of 12.25 - In addition, to regular quarterly dividend of Sl.75.1 "Governor Harding denies federal re serve board hasi attempted to classify es sential and nonessential Industries. ). XCC approves loan 'of 18,000.000 to Erie railroad .to enable company to finance remainder of the year's ob!lga tlon to extent of, 115,318,600. 7 ' $29,625.90 OREGONi EOKD .Exempt From City of j General Obligation Dated Aug. 1, 1920. Optional Estimated Price to Tield 7.50 7 50 7.50 7.B0 7.50 $2500.00 August 1, 1921 . 8000.00 August 1, 1922. 8000.00 August 1, 1928. 8000.00 August 1, 1024, 8000.00 August 1, 1925 . .98.68 ,.97.26 , .06.04 , .94.90 . .98.84 Deaomlnatloa $. Except one fractional bond for 9125.99. v ' Due to the exceptionally high yield of. these bonds and the substantial security back of them, this Issue will prove even a more attractive and conservative investment in future . . years i than at the present These bonds constitute a first lieni or mortgage on all-the property within the corporate limits of the city. They are entirely free from Fedecal In come taxation. i : . . j Prlncipil and semi-annual Interest (February 1 and August 1) payable at the office of the City Treasurer, Seaside, Oregon,; or at the office of Morris Brothers, Inc. t , . . j. .Telephone er Telegraph MORRIS BROTHERS, Inc. Between 1 ttk and 6tk Streets ' . - .-- s - ,' - ! - These Firit Mortgage 5 Gold Bonds Are First Liens on ALL the Properties of ths Pacific Power & Light Co: including' all its electric light and power plants, gas plants, water plants and streetcar systems. PRICE 78.16 Bonds Due August, 1930. Morrii 7 Ten-Year Sinking Fund Gold Notea A direct obligation of this great packing con cern, whose bark investment in tangible prop - af.L n nnn nnn i erne mur e ii mi i yvw,uwivvw, j rrir - WVXWXW I I f CJLIrsporvSiOrc j DONDS TRUSTS ACCEPTANCES I Lumbermens -Building MCE. OF BOND PRICES EXPECTED , With commodities being; placed on the market at greatly reduced prices ard merchants making every effort to unload, investment security deal ers of San Francisco are confident that it will be only a matter of a few . months before prices of bonds and other securities advance materially, according to F. A. Freeman of Free man, Smith & Camp Co., who ha Just returned i to Portland after a -two weeks' visit in San Francisco, wher he conferred with members of the San Francisco office of the company . ' Investment security dealers point out that when prices of commodities drop, prices of bonds and other securities in crease. This situation Is now approach ing, says Freeman. He says that the. bond dealers and investment bankers o' San Francisco are very optimistic, anJ with the decline generally In security prices within the last few months the operations in investment are extensive. Dealers report a very attractive market on new Issues, most f them being ab sorbed almost immediately after they come on ' the market ; "My attention was attracted to the great number of bona fide bargain sale on shoes and clothing," said Freeman today. "Merchants ir all lines are re ducing prices to renew their stock and this is much more noticeable In Francisco than i in Portland. It, is well known fact that when commoditj prices fall, the price of bonds Increases. Capital must be kept at work. "The socurity business is quite actTrr in San Francisco, and dealers are ver hopeful of the future. There is a rreai deal of trading in various issues there. San Francisco, ; of course, maintaining Its own exchange center. New issue-, brought on the market there are ab sorbed very quickly." , -1 7 Bond -BIan Honored John I Ethe ridge, president of Mor ris Brothers, Inc. and well known in club and business circles, has been madi a life member of the Klwanls 'and han been presented by that organization with a silver placque, imounted on mahoganj base, as an expression of appreciation of his wprk in raising funds for the 192' Portland convention, one of the ble meet ing successes of j the year. S. C. Pier city commissioner of finance, on behal.' of the Klwanls. presented the sift at the last meeting of the organisation. Federal Iaeosae Tax. Seaside Improvement Bonds Aug. 1, 1921. Due Aug. 1, 1930. Mat are Follows I I - Price .oa.au .91.95 TWd 7.5 7.60 7 60 7.50 7.60 $3000.00 August li 1926. 8000.00 Augut 1, 1927. 3000.00 Auautt 1. 1028. 01.10 8000.00 August 1, 1029... 90. 81 8126.90 August !, 1030... 69.66 Orders at Oar Expense. The Premier Municipal Bond Home. Telephone Established Q a arter of a Century. Broad wsy . Morris mat-, 80s-11 Stark St. Slsl - Capital Ose Million Sollars. ! YIELD 8V4 Denominations $1000 t? not vin n tsw i l'Jr.:!SIAl HO v M Vwi