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