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THE OREGON SUNDAY JOURNAL, PORTLAND, feUNDAY MORNING, SEPTEMBER 12, 1820.' S
11
- 1
I . . ill i -
WHEAT GOES TO HIGH PRICE LEVEL DURING THE WEEK'S TRADING HERE
Edited by:
Hynuua XL Cohen
WHEAT GAIN ARE
MADE FOR PERIOD
Ten Cent Rise la Shown In Hard
Winter for Week $3.53 Is Bid,
Highest Since Trading Resumed.
HEAT BtLED
Week Month
Hat. Am. (lain. Ago.
2.12 242 10c 1!0
244 2KB Ac 3S1
248 241 7e 231
24l 238 fa 217
48 240 6e 380
240 230 40 223
Hard whit
Soft whit ....
WhlU olub ...
Herd winter . . .
Nortbrn flprtnc
Bad Wall . . .
i r
Net Rains of 4 to 10c a, bushel war
mad In the price bid for wheat on the
Portland Merchant- Exchange during the
week. This carried bids here to the high
est price level lnoe trading; in the grain
market was returned. The greategt gain
was made in hard white and the small
eat in Red Walla.
At compared with month ago the market
her I 22c higher for hard whit and 11 for
Red tVValla.
Th market trnd recently ha tma mora
Inclined to establish Itntlf on a permanent bun
altliough fluctuation in valuta have ba lib
eral and frenuent
Kxport . demand la ahnwirif end while th
trail her baa been inclined to deny that any
ounalrierable business haa developed. It is
nevertheless a fact that a Urge nnmber of steam
er hate been chartered here to rry wheat
to Europe Thi would indicate that if It is
tra Uiat little export business haa aa yet passed
here, trader of the trade . are preparing fur a
high iale tonnage.
Aa usually developed at till time of the sea
eon. crop reports from foreign marketa are far
leaa enanunginf for a big output than lied
been previously xpecltd. Furalgn uthorltiet
are not allowing much damage news to he rhade
public In the hop of holding wheat value on
till sid In ebrek.
The reappearance of Britain In the market
for wheat tiae been aignaled by the .incited
tb advancing of prlcea, as bad been previously
forecast lp 1'lia Journal. k
Moor tale to foreign countries are line,
Little business ha developed to itat and tilt
la one faotor that lis nut bean eocuuraglng to
milling Intareit. ' -a
Coarse grain hsv bc-?T Inclined lo ahow
a eltabtlr Improved tone of late.
Millaluffe are tint an firm and aome ahadlng
of lue la Irldlrtted. while for hay tht mi t kit
la not quite ao firm, but alfalfa la eonaidered
fully ateady for other hsys.
rLOUIl Selling price, mill door; Talent,
112. OS; Montana spring wheat: $13.23, Willam
ette valley brands. St 120; local straight,
$10.80; bakers' local, f 1 2 0 J 9 18.26 ; graltam,
1100) whfll wheat, til. OB. Price tot
eity deliveries 1 5e estra; suburban, 20c estra.
HAT Iliirlng prices, nominal: Willamette
timothy, fancy, $29.00 per ton; fetch, $28.00;
cheat, $24 0,1; itraw, 110.00: clover. 122.00;
gram J4 00024. 50; alfalfa, (24.000
24. go lr ton
CHAIN BACKS Nominal New crop dell v.
eryj No. 1 Caleetta, 104 telle; dnmettlc,
11 Mjo in car lets; le-s amount hiuhef.
MII.l.HTt r Mill run at mill, sacked,
is ooa Bn.oo.
OATS Per ton, buying price: Teed. 151.00
TBI no.
ItAHLKT Auylnb price: reed, $51 00;
Killing, t.11.50.
SLED Buying price: Bed clover, rec leaned.
30e per IK; A I. Ike. a0e: vetch. mc lb.
rKKtiSTl'rk'fcVr-r. t. B. mills llolled bar
ley, HI, Alfalfa meal $38, cocoa nut meal $JJ.
Soya bean meal $?T. Linteed Sural $88.
cracked euro 87. whole corn 873 par tan.
Merchant' Exchange hlrfv
W11KAT
Sept.
2(S3
. ... 244
.... 248
24 0
. ... 2411
240
KLLU OATH
No. 2 whit 8000
No. 8 gray 4 800
UAH LET
St 00
sooo
CORN
No. 8 eastern (built) 5900
No. 8 yllow. (bulk) 5950
BUTTER WEAKNESS
NOWBEING SHOWN
Wants of the. Coast Trade Over
supplied by Intcrmountaln Dis
tricts Review of Markets.
rlsrd white
Soft white
White olub
Hard winter . . ,
Northern spring
Itrd Walla
Brewing
Feed .
Oct
2.10
242
247
24 5
24 4
244
nooo
4800
5100
60O0
5800
6S00
Nov.
248
24 J
248
248
248
240
Ot chief Interest to the trade during
tli week- was the trend of the butter
trade. Prices on prints were held snug:
at prevloua flrurea in the local territory,
although the cube jltuaUon was very
unfavorable.
With the 'ntermountabi ermntry overwopply.
log th wanu of the coast trade for cube bntur,
weakneea naturall developed In the altnatton
generally, TUere was a disposition on the part
of sprcniative eold rtorage Intenafi to ignore
this nuae of the iltiutioa, but ntvertheiets it i
having aa effect upon general sentiment.
It is true that tb coast states themselves
have not been overanppUed with home butter,
tmt with Idaho, Montana and Colorado showing
a liberal urpln, this want was tooa overtup
plied. The situation In Colorado 4a evidently
serious for creamery late re-ts there have been
frantically wiring the coast trade asking- for the
bst possible price It could pay for supplies.
The prices asked by toe Colorado Interest were
somewhat below those In effect on the eoat,
but even these could easily be shaded hv any
one who was willing to make a firm offer for
the outaide goods.
It begins to look as if th creamery trade
had tome what oventrpptd Itself In the bomtlnf
of values and leading interest are not at all
inclined to feel that present values can be main
tained. Froth Iggt Hlfhtr
Fresh eggs ruled about Be a dozen higher for
the week in the Portland trade. Only the faot
that several ' carload of midwest etga were
brought her kept values fnm showing still
further rise. The quality of the imported ttock
was disappointing a usual for most of the ar
ritala wer of Hit "hot weUier" clata.
j 0hs ariajatlon Steady
In th cliaes market no chsnte in price was
shown atj Portland or northwest primary cen
ter for te week. In fentrsi th trend of tb
trade appears stesdy.
Chicken Markst Firm
AH thrfntgh th week there was a firm ton
displayed Shy the chicken market along Front
street . Uecelpu showed the tufts! moderate
volume for this period of the seoon and wanu
were scarcely more than takes ear of at frac
tionally Increased prices.
Country aMu Hlfhsr
rcresed offerings, rlii to the jrea of farm
work, forced, further advances In th price ef
country killed meat in Hi local trade for tbe
week. Vealt advaaced easily to 23c a pound
for top and a furthet gain of He above this
waa made for selected hogs st the eloslug of toe
period.
Potato Trad' Walt
Potato market showed a waiting attitude dur
ing the week. S. far aa known only one car
load ha been ehlpped to data this season from
th itat and this la reported to have been
ent on consignment as a market feeler. L'nul
diggine i resumed after Uie runt, quality wilt
not be such aa to lmle.ee long distance ship
ment. At the moment there typears a guod
demand from th southwest, but Oils is being
taken ear of by California at good prloas.
Onions Ar Steady
With pulling operation now general and of
ferings to be msde general within s short time,
the onion msrket is gradually opening (or Ore
gon ttock. Aa yet arrival have not been suf
ficient to mak any thmment tn outside nninta
ami Ah local stock generally sold to retailers by
wholesalers s round 81.76 per cental.
Apt Demand It Better
la the spple market a sudden awakenin of
interest ia ahuwn. ixi Uravensteiiia. Because of
the scant crop of this variety in the Pacific
Northwest, prices were extremely good dhnfsx
the week. lew sale of late varieties have been
made and the market is not yet established.
Wool Remain Inactive
It was another week of Inactivity In the
wool trails at Pacific Northwest points. While
there was more or let small trading reported
at western centers, the volume wa comparative
ly limited and reflected no change In former
bearish seotuueut.
Stories of Dumping to Force
Prices Are Absolutely Denied
7
By H yat a a H. Cebea ,
The wholesaler of fruits and produce, and eepecially the so-called commission
men. ia coming 0 his own. From the despised creature which the average country
ahipner h ; led to believe the commlasion man Is. he his come forth Into
sne daylight aa at necessary handler f pertaliabie proaucts
J that not only secures leas profits on tils investments than other
iiuslneta men." but works harder to please the country shipper
. i than any of them had been led to believe
The public has been "fedun on tales of huare dumping or
fruits and produce by commUrlon men In an allejred attemptsl
BO . jeJ
STOCKS CLOSE AT
STRONGER PRICES
staUd, tl,
an extent
WHOLESALE PIIICES IK rORTLASD
Thee art prices retsilsra pay wbolesalera, ex
cept as ttlierwlse noted:
Dairy Praducta
BI'TTEIt Selling price, box lots: rretmery
prime, isitclunent wrepped, 81c lb i prime, firru,
U4c lb; tlr t, flic Id.; rmaller loU at an id
vttic. Jobbing prices: Cube eitrtl. (10 (Hale;
firsts, 58(s)50c; dairy butter, buyiug prk-e, 4Uc
per lb
Bt'TTEItFAT Pnrtltnd delivery basis. 6
A grade; 05 B grtdej country aUtiuna, 80 li
04c per lb.
OI.K.OMaHOAfUNa: Best brands, 40e; ordi
nary 83Vsc; bakers, S8c; nutmargarine, 1 lb.
eartons H'2a per Ih.
t.'HEKSK Selling price: Tillamook, fresh
Oregon fancy triplet, 83 84 per lb.; Young
Americas, a.-vwanc. 1' rises to Jobbeni, f. o. b.
Tillsmook: Trlplrte. 8(lc; Toung A in tries, Sle.
Selling prices: Cream brisk, 40(4-.'c. Selling
price: Plock wum. 4S4ilc, linibur$er, 40(9
42e net lb ' "
KfKJS Buying price: Cnrrnt receipts. 82c ;
csndled , setting prb-e, 57c; select. A8c doaen.
I.IK I'oi'l.TltV Heiilne nrH-e: Ileevy hens,
2a30c; Hjht hens. 202L'c; tpriiur. SO
82c; old musters. 12J?14o lb.; turkeys, live,
i ) ; d'icks, 25 (g 30c.
fresh veeatabies and Frurl
FIlltSH FRttlT Orsnaes, 87.00 8.90 v
box: bananas, 11 12 He lb.; lemons, 8 28
85 74 cratf; tratietrult, 19.00 3 O.Oii; ctsta
toupea, $2.50; Malaga grapes, $2 259275 per
erate: Tokays, 88 3ii; bucks, J7B; aeedfrss
grspee, 82.T5; peaches, 82 002. 7S box;
plums. $1. 2502 20 crste; peart, $2.00S 50;
watermelons. lVta per lb.
AITLKa New, $1,504)3.00; crabapplee, 4o
ptr lb.
IHUKT) r REIT nates, Dromedsriea. $7.50;
Tards, $4 00 per boil figs, $a..'i0 fa) 4.00
ONIONB Be Ulna price to retailer: New
Walls. Mslla. $1.78; locsl. I1.7.V garlic. 8 .le
per lb.; green onions, 25SOo dozen bunches;
onion sets, 15e lb
POTATOES Selling price: Oregon fancy
$2 oO 71V; tweets, 10ltc
HKHRIKS Hlackbernes, $2.83 crate.
VKtiKTABLKS sTurnlim. $2 00 aack; ear
rots. $2 60 tack: beeta. 80e onsen bnnrlies; let
tuee, 8J.2A erstw; cucumbers, $1.AU sack:
toanatoea. 78 SOc; se plant, 12c per psil,
hrocrali ( )) ball pppra, 7 He; ciery, $1.28
Lull (inxen; string ttani, Oo ier lb.; grttn
corn. 2580o per doaen.
Seat enat Previsions
rorNTTiT MEATS Selling price: Country
bom, 23 rk 9 2c lb. tor tup blocker; heavy,
19. : veal. 28 428 He; heavy reel. 17c.
SMOKED MKATS Ham, 42 0 40a per lb.
bressft; bacon, 42 8158c; pica lea. 2j p lb,:
cottag roll, 88e per Its
I.Alt l Kettle readervd. tSe lb. t tierce baala,
coui;siuuil, KOo. , .
Pith and hftfirt
Hit SI I FISH Sslwon, fresh Chinook, 14 0
lnc ib , halibut, fresb. I02oe per lb. : star
awn, i ) ; liuck rod; 10 n lb.; kfpprd
sslnn. -' 50 per 10-lb. bssket; klptwred cod,
JHJ; r.nr clams. ( 1 ; crabs, 82.7808. T5
dvsen; ling roil, Ufte lb.
s OYSTKHS Ibaturs. per gtL. IS-OOi
Olyuuka, $0.50.
Oreoarts
SCUAlk -Soialnel prices, refinery battai
Cube. 11115; fruit an. I berrv. $18.30: D yel
low. 817 70; eTanulaied. 818.SO; extra C,
$17.00; g iden C, $17, MO.
HUNKY Nw, $7.U000 case.
HICK Jspan style. :. , He; New Orleans
aesd. ( ) ; Ulu U.e, 1 4 e Ib.
SALT Coarse, hair gruund, 100. $W.f5 Pr
ton; 0, $1. Ti; Ublt dairy, ftOt, $17.21;
bsle, 41.50 4 DO; fancy table and dairy,
84 SO; lump rock, 820 to per ton.
BKAX8 Sales by Jobber. Smtll whits.
lb.U', whlu- 74 lb.; pink, 8 He lb.1
Uta.. I2mv, bayou. U4tcj ted. 10Hc; Ore-
i 1 f prices, nominal, a He ib.
t'.A?'XEt Mil K CarnatltiD, $150; liotden.
auJ!!' A,tn'' 40; k- laas Libby.
... i-V.tunt v"""'. 80.4U jr case.
Iruirn ta Mck l
88c- h,. TSa"40r 'w " tlmondt.
B8c. filberts, 2o in ek lotet peanut. $4 4k
15c; peuslu. jor; Hiailla. ti
38
' ----ass.
R tmt ell i las
Him'.iM Mi mi, 2l He.
oHtlLie?f,r't,i7fL.0,.,T!,:T wh"
gallon ' atloBl eaaes, SO per
cat,
lota. He; 500 tba..
$2. U
JAtOLlN-ltin barrels, SOU 10 He;
wSiTB LktAJJ Ton lots. 11, toe
IS He per hs
TthPliNTtNB Tanaa, $1.80;
10 case tuts, 1 each.
Nee, Waal and Hides
HOPS Nominal. ll19 irop, Tue pound.
lilOKH Sail hide fall aaiahui 1 1 -.
lildes (all Weights), teel green or salt calf t un
der IB pounds). 2fff2Sc; green or salt kin (18
to , 80 lb.). i215c; salt bulla. Uc; gru
Wheat Is Higher
At the Opening
i
Oiicago, Sept. 11. (I. N. 8 ) Whe.t and
September rye eold higher throughout tbe short
Saturdsy teaslon of th board of trade. The rest
of tli grain list wa lower early, but moved
Bp to ground Friday's closing level or better
under scattered thort covering and evening up
over the week end Induced by low temperstures
In the Csnsdisn Northwest. Prices held in com
paratively narrow range. Provision wer higher.
Th close allowed net gains of le for Ie
eember wheat and He for March. September
enrn finished Sc tn He lower; December off
he to c. and May H c down.
September oats lost ' c to e; December
wa unchanged, anil May gained He to He.
Pork was unchanged, lard )0c to 35c higher
and riba 27 He to 3.- over the previous closa.
Chicafo, Bent. 11. (I. N. S ) Wheat
ttarted lo higher fur Ie'-ember and 14 c up for
March. Helling wa limited with buying by
esah bouses.
Corn opened He lower for Srptemher; un
changed to He lower for December, and He
to He off for May. Buying wa lair.
Oats droppt1 tic Ui So for September, and
He to He for deferred faturee. Trade waa
light.
Provision started strong and slightly higher.
Demand was scattered.
Chicago range ot price furnished by United
Pre:
WHEAT
Deei. . ,
March
Sept
Dec
Sept. ,
Dec, ,
Sept.
Dec.
Sept. .
Oct. ,
Srpt. .
Odt. . ,
Sept, ,
Oct.
VI to hold up prices to the ultimate consumer. These stories have
? Yj been spread broadcast, and. try aa they mlsjht, the wholesaler
t has "been convicted by public: opinion without any sort of trial.
Stories Are Groundless
fj For years I have studied the fruit and produce situation.
$ 1 1n daily contact with the wholesale trade for a period of over
18 years, I have failed to find a single instance where these
-fi fhU in mi mrf.ii tly-1a K..V (I1I ,Vi a atnria nrltMl in
-l -l.l-.-. V. 1 I. S.H.. KnHAn.V.AA tt... W.,A A . i AM
iiiabiviiie; siiciir siijiivnt uojijt aicataiitc x w-y iiaw ci. uiif
become so viumeroua that they have given the wholeaale trade
much uneasiness. '
For the sake of both the wholesaler 'and the producer, aa
well as for the aeneral public. I would state now. and have
li t .eports sre not true. They have inflamed public opinion to such
!ia.. lilted States atovernment has been forceJ to make suitable
.Investigation; of the matter. The report Just made public, absolutely denies that
such dumping exists, or ever has existed, in an effort to control juices.
The spreading of such reports haa caused much bitterness, especially as they
were not true.
Government fjlvett Feet
Th United State government report tare that a report published in daily newspaper on
August 11 that 80 car of potatoes had been d napped Into the Delaware river near Wilmington
In order "to keep prices up," and constant repetition of tbe report since that time both in Sew
column and editorial comment make it desirable that tb absurdity of th report as thown by an
investigation by the United States bureau of markets aball be made public in some detail. The
bureau is the more desirous of making this Investigation public because such charges that perishable
foods are dumped "to keep prices up" or "to raise prices'' are made from time to time and are
accepted by s large part of th public at true, whereat U bureau of market ha never been able
to observe or to obtain creditable testimony of tb dumping of such products tor the supposed
purpose charged.
Absurd Char Harmful
Wherever practice in the distribution of perishlblce are deserving of criticism, criticism shonld
be unspsring; - but whrr charges are owrtoualy absurd from the most elementary economic
considerations, their publication may do a great deal of harm, tjider such conditions persons in
daily contact With the marketing machinery of the country aM understanding It operation,
wbeUier they be producers, dealers or agent of the public, are likely, hmeever unjustly, to
feel that tech report are spread either through a maliciona desir to injure distributors or
because of a ihonghtlnas Urirlng for tcnsatlonalitm irrespective of how harmful the spreading
of false Information may be. The bureeau feel that there are a number of Just cause for
criticism, of the distribution practice of tbe country end is carrying on constructive work
wherever possitjle to eliminate- such causes. The leveling at distributors of ridiculous charges in
regard to evil that do not exist can only serve to hinder progre In correcting real etls.
Dumping "to keep up price" would be possible only where tbe entire supply of the product
dumped was controlled by an Individual or a few individuals was monopoltVed. Fresh vegetables
move into tli big marketa of tb country, tuch tt Wilmington, from hundreds and even thousands
of owners and a re handled in such markets by numerous dealers. Dumping by any one owner or
dealer would stibject him t immediate and considerable loss, and the slight xiric increase that
might conceivably tesult under unusual conditions would benefit not the "dumper' ' but rather bis
competitor. The dumping ef consigned product atill tinder the ownership of distant abippera
could not be enver-d up and would Immediately subject the gtitity person to criminal prosecution.
It may be taken, thereter, as axiomatic that dumping for price enhancement ia barred by both
economic atxl civil laws.
ParithaMa Maes Freely
Tbe one possible exception to the statement that dumping ran. not benefit the "dumper" Is
where monopoly conditions exist; and with perishables moving as freely at they do tn the United
State, from aj part of the country, shipped to numerous dealers by thousand of owner un
known to one another, tb arising of monopoly conditions tn a market of any eia I practically
out of the question. The charge of "dumping to keep up prices" wa especially absurd in the
can of Wilmiagton, the middle of August, since potatoes produced In the immediate vicinity of
tb city were being freely hauled In by teams and truck, making the community practically inde
pendent of the; rail-shipped pouitoes which were supposed to have been dumped.
Story stun Down
, In its investigation of tbe Wilmington charge of dumping, the Cnited Statces bureau of markets
traced the nevttper story from tb reporter who wrote it In good faith through chain of four
informers by word of month. The magnitude of the reported dumpings had grown practically with
each repetition The original source of the dumping charges stated that he had not mentioned
Wilmington but had said that he had heard of dumping while in Jersey City some time before.
He hail seen Bo dnmplngt there, however, and he stated further that during the 15 years In
whleh he had worked for Uie railroad from the tracks of which the dumpings were supposed to
nave taken place near Wilraingtonn, he had never known of auch dumping.
Some Stock Condemned
In running down the story of dumpings in Wilmington a representative ot th bureau of
markets interviewed railroad djvlslon supennteKlente end freight sgenta, railroad police, dealers,
health department officials, and employes of the municipal market. Nun of the persons inter
viewed had heard of the auppoted dumpings.
In regard to dumping in general it should be pointed out that occasionslly relstively small
Quantities of produce are rondrmned by health officials a unfit for food and are dumped, and
similarly In slime cases railroad coinuanias have found it necoasrv to hruw awav nrodtice on
which freight than not been pad and for which, bacauae of glut condition, there ia no market I
me Bureau or market haa yet to learn, however, of any case in which nrodure ha been dumped
deliberately with the idea of keeping up or Increasing prices or otberwu effecUng the market.
American Prune Gains Friends
During World War in Europe
New Torn, Sept 11. (TJ. P.) The
Evening Sun today said:
Today's short session of the stock
market proved a dull summef affair and
presehted no feature of particular Inter
est In any quarter. There was little
change Mn the price level at the, open In.
Initiative waa entirely lacking and ac
cordingly the list turned heavily down
ward through neglect. Later there was
something of a stiffening tendency, but
the movement was, on the whole, too
aimless to disclose, either strength or
weakness. The principal element of In
terest had to do with incoming gold
shipments, a movement which has sud
denly assumed considerable proportions,
recalling war flays. The foreign ex
changes were again under pressure.
Oil shares were hit erratic In the
second hour. Mexican Petroleum and
Pan-American I sapped about with a con
siderable spread. . Elsewhere there waa
little change. Traders merely marked
time to the closing.
ADVANC
E.
BUT OTHERS HOLD
Xo Price (Change Made at !f6rtli
Portland foy Week;' Except In tbe
Swine Trade Oat aiders Buyera.
PORTLAND LIVESTOCK RUN
Hogs Cattle. Calve. Sheep.
This week 8585 2403 328 6417
Week SCO 1041 .24-23 Oi 9211
Two weekt ago... ISIS 3081 417 S8ft
Four week ajo . . 3319 8307 871 6871
Tear ago 2210 2435 251 6233
Two years ago ... S8S 8013 80 8158
Three years ago .. 2870 1387 080 0015
Four years ago .. . 623$ 1318 142 4727
Total run of livestock at North Port
land for the week included 164 cars, com
pared with 163 a week ago. 147 two
weeks ago, ZOO four weeks ago. 137 a
year ago, 161 two years ago. and 117
three years ago. Moga ruled firm, cattle
steady and sheep steady. Tops at ths
close of the week showed :
New York. Sept 11 TJ. P.) Frac
tional advances were registered by lead
ing issues at the stock market opening
todfty. Sinclair opened at 31. up H:
Oeneral Motors 21. off hi ; New Haven
22, up H ; Mexican Petroleum 174, up
V : Northern Pacific 79, unchanged ;
Canadian Pacifio 1181.. off ; A.T.
T. S8,, unchanged: American Interna
tional llVi. unchanged; Southern Pacific
94 Vs. off U ; United States Steel opened
89. off ; Baldwin 109H. unchanged.
The market closed strong.
Furnished by Overbeck ex
of Trad building:
Cook Coi. Board
.83 H
40
81 H
iiSH
25H
12H
05 H
60
85
.
81 H
54 H
41 H
7 H
11
10
119H
52
58 H
30H
29 H
Open. High. iow. Ctna.
247 247 Vi 248 247
242 243 242 242 H
COKN
1384 138 137 1I7H
11IIH ll'JH 118H 11SH
OATS
88 H 03 H 83 83 H
03 H iH 05 4 e.-i
BARIKY
103 104 108 104 B
1U
. .3873
. . 1080
.1835
. . 1870
. 10.1
Ch wheel No
2.30 0 2.37; Nu. 2 hard
PORK
N'tiiinal
2380 LAKU
1072
1DH5
Bibs
HI-'
1U87
1 red,
2.33.
2360
1 n.vi
l'jr.j
1 H'i'i
1 Clio
5; .V
2378
1072
losa
188-'
1BS7
red.
DA1RV PRODUCT. Of THE COAST
-City
6 )
2e;
Seattle Markt
Seattle, Sept. 11. l P. ) - Butter-
crea nitty cubes (14c; brick (iflc.
kfi fresh, ranch. 64c; pulleU B2c
a. Ani market
Los Angeles, Csl.. hpt. 11. (I. N.
Butter. 71c.
Kgg Fresh extras, 85c; cat count.
pnneta. arc: peewees. 4Zc.
Poultry L'nchanged.
a .
POTATOKB AtOTttl THE COAST
teettl Market
Seattle. Sept, 11. i V. P ) Potato.
Kaeterst W'sshingt.m Netted Ueans, $6U to ;
local, 22H lb. (
La Anc4t Market
LaJtngeles. Cel.. Sept. Jl (I N. 8)
Potato: Loral early and White nose, fancy
No. 1, mostly $1,009 l i!3 lug; tacked. Nu. t,
mostly $2.00; Stockton Barbanks. $3.00X3.23.
8n Peewelsee Market
Baa FTtncisro, Sept. 11 (V. P) pota
toes Bir WhlU. $2.80 0 3,3; swu.
H.
Onion Tellow and whit. $1.2391.38;
AuatrgUan Brown, $1,2541 40. -
fhlrago Potato .Market
Chicago, pt, 11. (I. N. 8.) Potatoes
Receipts. 81) cars. Jersey Cobblers. 62.VO0
8.00; Minnesota rU Ohio. $2.33 0 2.40.
, aaanvessiakassaw,
Naa Fraaeiaev foaltry Market
Han Francisco, Sept. ll.-rv(U. P- Broilers,
410 47; larg kajua, Il49i.. best duck. 2i
28e,
trolls, Tei Atj bides, 2 Oct dry salt bides, 1J;
dry Uif (und t lbs.), a5c
SALT UOM3B HiUKN iLargcl $4 each;
alt hors hkie tmrdhwa), $8 each; salt horse
hides (small I, 2 saelw
PIU.TS Dry fine loaf Wool pelt, lie; dry
asedium loaa. wool pelts, ,38a; dry coarse loos
wool pelt. 10 IK
SALT PavUTS -aUK tori wool ptlta, 12.00 0
8 0u each; salt lamb pert, lutjiet'ttck; salt
sheannaa, X6 0tUe each; aaft cHppcrs, 18 0
MOHAIR-Lonl. SSe; thort, 13e lb. '
TALLOW AND UUliASaVke, Ulknt
71
No 8. 8a.
tASUAKA BAKK New trsci. . !.; old
The American pnine evidently gained th
permanent friendship of the Europeans during
its wsr experience. The quantity exported from
the Cnited State in the first fiscal yer after
the war, the year ending June 80. 1920. was
double tbe average of the war period and tbe
value In 1020 two and one half times as raurh
as in 1919 sad five times at much as in 1018.
Most of title big increase in the exportation
of prunes oceurt in the movement to Kurope,
from which we adopted the prune a half cen
tury ao and, have acclimated it and tlevelod
its production until the Cnhed States now pro
duces not oner more then Kurope, but, in fact,
more than all the world outside of our osva
country. Frame, Italy and the Danubian area
were the world's chief producers of prunes until
the adaptability of the Pacific coast soil snd
climate to it produrUon and curing becem
sppsrent. snd the production of prunes in Cali
fornia, Oregcm and Washington reached 10(1,
(100.000 :)!ids in 1900, 150.000,000 in 1910,
210,oog,00o; in 1912 s:id anjirosimataly 350.
000.000 in 1919. valued at $40,000,000 at
the place of Jairodurtion.
All Prunes Are Plums'
AH prunea tie plums, but all phi mi are tint
prunes. It is on'y a certain type nf pl-ims
whifit ran be dried in the natural atate and a
sufficient amount of sugsr develojwd by the
drying proce to render them suitable for food
puriioses, snd it is in tlie combination of soil
and climate f the Pacific coast and especially
the state of California that the clam of plums
designated asi prunes lisvs reached their highest
perfection. i Cslifornia produces about three
fourths of tbe product of the iCnlted States snd
snort than all the balance of th world put to
gether. Argentina and Australia are beginning
their cultivation and with a prospect of suc
cess, but thus far the United States commands
th prune market of the world and tent abroad'
in the fiscal year 1920 114,000.000 pounds,
against 59,000.000 In 1919 and 33.000, 000
iu 1918,
Mort ContutrttvLat Horn
Normally about three fourths of the prunes
froduced in the Cnited States are -consumed at
inme, but with tbe exceptionally larg crop of
1919 a larger quantity became available for
use in foreign countr.es. France, which sup
plied a half century a;o the beginnings of the
Americas prune trtea, made th close acquaint
ance of the American iroduct during the war
and took last year 18.0OO.000 pounds, acalnst
8,000,000 in the immediately preceding year,
and less than 3,000,000 pounds one year earlier,
while Great Britain took 33.000.oOO pounds,
against 18,000.000 la tlie fiscal year 1819. and
5.000.000 in 1918. More than four fifth of
th 114.000)00 pounds exiwrted last year
went to Europe, the remainder chiefly to Canada,
Australia and South America. Prunes, which
were imported in considerable quantities prior
to the development of the industry in the
t'nited States, have new disappeared from the
list nf importation, and tlie value of the ex
portation, in 1 9 JO wa far in ricesa if any
earlier year aud three timet Uie atiuusl average
of the last decade.
This growtb in the exportation of prunes il
lustrates the development ot new ind-istries 111
the Cnited States. Raisins exported in 1 P'20
showed s total vslue of nesrly $13,000,000,
against $8,000,000 one year earlier and $.V
000,000 two vest esrlier. Orsnges exported
in 1920 s mounted to $7. 500.000. s gainst 81.
550,000 in 1818; lemons. 31 .2."0, 000, against
$500,000 two year earlier, snd the total value
of all fruit and nut exported in tli fiscal
year 1920 was $118,000,000. sgslnst $71,
000,000 in 1919. snd 834.0O0.000 in 1918.
llrSCKiPTMN: j Open
Allls-Chalmers
Alloy Steel
Am. Beet Sugar. .
American Can. c. .
Am. Car Kdy
Am. Cotton Oil...
Am, Hide A Ie , e
Am. Intl. Corp...
Am. Unseed, c. . . .
Am. lv?omotive. c
Am. Bhlp A Com . .
Am, Smelter, c. . . .
Am. Steel Fdy .
Am. Sugar, c.
Am. Sum. Tobeecol
Am. Tel ft Tel . . . .
A m. Tobacco ....
Am. Woolen, e. . . .
Am. Sine
Anaconda Mm. Co.
Italdwln Iyiea, e. . .
Bal. Ohio, c . , . .
Hetli. Steel B
Brooklyn R. T. ...
Butte V Superior. .
Canadian Pae
Central Leather, e.
Che. Obiox
C. 11. & (T. P..
Chino Copper
Col. Cas Klec
Colo. sFnel ft Iron..
Cone, s
Cora Produ. . c . . . .
t meible Bteel, c . . .
Krie, c
General Cigars.
Oeneral F.lectrio . .
fieneral Motors . . .
Goodrich Rubber .
(Jt, Northern Or.
Ot. Northern Ry. ..
Oreene Cansnea . ..
Gulf State 8 teel . .
llliftoi Central . . .
Industrial Aleohat .
Inspiration Copper .
litter. Paper
Inter. Harvester . .
I. II. M.. c
Int. Nickel
K. C. Southern, e. .
Kelly Springfield . .
K-cnrvci-tt t Copper
I.ai:kawBnns Steel .
I-ehich Valley
Mexican Petroleum .
Miami Copper
Midvale Steel
Mi,. Pacific, c. . . .
National Knamel...
National Lead. . ...
Nevada Cona
New Haven
N. Y. Central
Norfolk ft W
Northern Pacific...
Prnn Hallway
Peoples tigs
P Steel Car. .....
Kay Cons. Copper.
Ry Steel Sprnga. .
IteaJlng, c
Rep. I. e S . e
Rock Island, e. . . .
rlliatfuck Copper ...
S:nelair Con
Southern Pac
Southern Ry., r. . .
Studebaker. o
Pt Umis ft. K. V. . .
Swift Co.
Tevta Par
b Prod.
Trn. 'Ill
t 'ni' n I'sc , r
C. S R ihlier. e. .
1'. . Smelt, ft Itef.
C. 8. Steel, e . . . .
1'tah Coirper
Vanadium Steel . . .
Wabanh
Western T-nion . . . .
Wet Klectrle .
Willys Overland. . .
Hith
U
40
61 H
i3SH
2IH
18 H
Lew
-grs
40
sin
isi' '
23
12
70HI 76HI 73
03
6 H
.111 111! 111 1
Close
TT
85 H
98H
84H
84
98
' 80 H
109 H I09 H
41 V
7 H
1 1
19
1I9H
52
HO
3K H
29 4s
87 H I 87 S
1L'4 1124
Treated Spud Is
Yielding Better
Walla W1U. Wash.. fern. It. A series
of experiment conducted here fills summer by
County Agent W. II. Txlley and A. W Katrn.
Smith Hughe expert at the Walla Wallt high
iwhool, have: demonstrated that rUsanctonis dis
ease from which potatoes throwghout this section
liar suffered to s greater or leis extent, can
b prertnted by wlnf clean teed which bu
been trettedi liefore planting.
The figures of tbe expert on their experi
ment earned on In four different parts of
tlie county on pl.it Of eround of the ssmt
sii snd quality as regards ami show tlist th
ground planted to clean-treated seed yielded
843.4 pound of (nod, smooth iHitatoe. as
rompared tc) 24 8.8 from the treated diseased
,eed. 1T.5- pounds from untreated clean seed,
and 220 2 pounds frum untreated diseased seed.
The untreatrti disea-ed teed yielded a total of
521.3 pound of spuds a against 409.8 pounds
from Uie treated clean seed, but 801.1 pounds
of these weee irregular, cull tubers, while but
Klll.O inruntit of th treat etl cltaS teed yield
re graded: M irregular and calls.
The direction given by atcricultural expert
to get these rseulu age:
Wahs th tnbet of all dirt, and keep thrm
damp from 12 to 24 hours. Then dip them
Into a solution ef refrueive sublimate, foar
ounce to oa gallon of water, for on liouf. It
is het not to dip in burlap larks, but put th
tubers into j tlie solution loor. "
SOlTHKlt SFI.L15U rORCES A
: LO WEB COTTON MARKET
New Tors. Sept. 11. (I. N. S.) The cot
ton market: opened weak today it a decline of
18 to. 4 9 points under active selling by recent
and southern selling based on tlie favorable
weather and continued absence of demand far
spot cotton;
After the eU the drop extended to a net de
cline of 55 to 70 point.
Covering!' for over the week nd caused
partial rail- in the late dealing. Near the
clone, iiuwever. Wall street waa again heavy
teller and at the finish tlie market wa weak
at a net decline of 3i to 98 points.
Spot cotton waa quiet today, 80 point lower
at 31.75. :N(i sales.
Furnished by Overbeck
ni Trade baihling:
Month -i Orn.
Jan. ,
f b. ..........
Ilarrh . . H
April . , t, t . .
li.y .......,
Jun .........
July . ...j,
Sept.
Dee.
S480
3420
3373
an
2823
2J8
At Cook Co., Board
lOgh,
24 90
8437
2&80
iSti
2IU40
2023
zaj
Low. Close.
1430 2458
.... 24 no
X$7 2878
.... 2343
3328 2830
2820
2280 22MO
29d3 2900
2850 2850
2580 S480
!tw TorkLoada Silyer
New Tork. Sept. 11. IL X. (V)
mercial bas' silver waa today quoted as fnUuwa:
bunestk, siurhanftd at 9fHi foteign, c
hr st 93 He.
Umdon, Sept. -II. (L M. I.) Bat slltsr
was unchanged at bUd.
Pendleton Gets a
Better Wheat Pripe
Pendleton. Sept- 11. rrics paid in Pendle
ton for wheat daring Bs put week have been
hither in proportion than th price paid at ter
minal. Th market ha been within 12 flt 15
cents of the Chicago prices foiling !ayv-cn
reported each day, tn fairly good q-ientiUes.
Quotations u high a $2.28 on No. 1 lie been
reported here, end $2,30 ia expedited to be paid,
which Is considered very good price tliia year.
About 1.000,000 bushel, or about 30 per rent
of Uie crop, has been aoid. The mllla have
bought but little, met of the wheat having
been purchased ia for ciort ate.
The prune crap in th eastern part of the
oountry is nearly over. I me to the extremely
cold weather, last winter but half a crop Is to
ho bad thi season. Prices rang from 150 tn
860 a ton thi year, and last, 3100 a ton and
more wa paid. The aisjite crop, though not so
plentiful as when weather oonditioiis liave been
favorable, throughout the year, though a fairly
good yield ks expected, and the apple are of
good quality.
Torelrh Exehaage Market
New Tork. Sept 11. (V. P.) Foreign x
ehance uaotationa wer weak at th ppening to
day. Iaaand everting -wened at $8 50 H . off
H : francs, demand, .oaes. off .0003 ; lire
.0418, off .0008; mark. .0184, off .0001;
Canadian dollar, .0050.
Sterling demand ekwed at $8 49 H. off 1H:
lire, dttnand, .0481. off .0005; francs, demand
.0003, otfa .0000: marks, demand, .0182 H I
off .0002 H ; Catstdian dollar., .00030, off
.0020; hre, cable. .0432.
w Tork Bank Mat meat
New York, fiept. 11. (I. H. g.) Bank
a ta rem ent. Flee days. Average: Loana. de
ei eased. $24,680,000; demand depcita, de
creased. $30,032,000; time deiiosi'.s, inert d,
8931.000: reaeir. ttecteaeed. 76,710. Ac
tual: Loan, deeraaae. 818. 514,00V; dense nd
deposits, increased. $24,200,000; time de
posits, increased. $638,000; reserve, decreased.
Chicago Dairy P red are
Chicago. Sept. 11. (I. N.i 8.) Battel-
Receipts, 8693 tubs. Creaaary cltrsa S8c ;
flrsU. 47 H0 64 Vic; pacamg t tucks, fi
40 He
3aa Beeetpt. l,eS8S esoe. kf tsccUaseon.
0 49H; ordmarj, firsts, 45 0 47; check,
85c. , '
Lies poullry Turk era, 48e; etuekea. te!
print. 33s; rooster, 12 He; gees. Ici
ducks, 28a, '
Dried Frail aad Bean
New York. Sept. 11. (L N. B.l-
Market dull. Marrow, choice. $1
choice, $7.00 0T. 28.
Dried fruit Market steady. Apricots, extra
choice to fancy. 28 0 87c; apple, evaporated,
prim to faary. II 018 He; prases, to to 80s,
17 H tl 23e: 80s to 100s. lOtjtlSe; peawbea,
extra chose to fancy. 1H 0 21 Hei aeeded
raiaius, choic to taacy, 23 H 0 25c
15H
20
si"
77H
28
55
88H
84 H
48
78
19
18
2 H
67 H
174 " '
I ft H
8"S
26 H
'78 ti
II H
3S
74 H
94 H
79
42
33
15H
21
32' '
77H
2H
53 H
88 H
84 H
48
79
If) H
19
isH
67 H
i.74"
I R H
V
2(iH
'75 H
II H
S3 H
74 H
94 'i
78
42
33
92 H
8 H
8 H
1 31 H
I 94 H
28
02 H
I 26 H
115
oftHI 36,
. fi5 1 i;s
894
80 H
84 '4
134 H
24 H
11H
78
S
03
19 H
80
85H
110 H
H4 H
08 H
122
81
1XH
53 H
107
41
74 H
10 H
19
51 H
59 H
8H
29 -54
H
34 H
79
87 H
12 2 4
15
'. '. '.T140 H
53 H
107
40H
74 i
10H
19
118H
51 H
59 H
36 H
29
87 H
122 H
13H
20 H
81.
77
26 H
54
88 4
84
47 H
76H
19
18H
"a-'
07
i T 5 '
19 H
89 Hi
20
'75 4
11 H
33
78H
9
78 H
42H
32 H
92 H 1 91 H
1 H
38
S3 14
30 H
81 H
94 H
28
62 S
JH
II 5
1 4
121
85 H
' R9' '
64 H
OS
914
84
48
15H
1 4
121
854
89' "
04 4
68
9
S4
48
15H
245,200
80 H
93 H
27 H
a-J
1 n
11.IH
I t 3
1211
85 H
88H
84 H
67 H
9 14
83 "4
47 '4
15H
shares;
This week ....
Tear ago ....
Two year ago.
Three years ago
Foot years aso.
Hogs.
$18.00
18 73
19.78
9.50
16.00
Hog
arket started the
Steers.
810.50
11.23
13 23
18 30
0 3-
week-'s
Iambs
$10 00
18 00
14.50
10.00
8.83
trsdlng st
North Portland with a ihaer rise of 73c to the
$18.00 mark for top quality offerings. There
wa quite a fair Increaa la total offerings for
the week, aa compared with the nominal show
ing of the previous week, but arrivals are below
previous weeks. Notices ble In th week t trad
ing was the fact that the big local packers se
cured very -few nogs, while the bulk of th 1 ap
plies went to out of tows killers. t
General hog market range'
Prime mixed $1T.1$018 OO
Medium -daed 16 50 17.25
Smooth heavy 14 00 16.00
Lovah heavy 12 00 014 OO
pigs 18.0S 018.00
Cattl Mole ttlsdy
In the cattle alleys there was a steady tone
for th week' trade at North Portland. Re
ceipt abowed a fractional decrease from the pre
vloua six day aad trade held practically the
same.
General utile rangai
Claire grass steers
Oord to- chute steer
Vedium to o-Jd steer
Fair to trod meen
Common lo fsir steer
Choice cows nd heifer
Good to choir row and heifer,
lieditim to good enwa and heifers.
Boston Expects a
Better Wool Trade
During the Season
Boston. Sept. 11. Wool men be Here that the
local market ia cn th edge of a healthy at
ment, such as ha Dot been seen her ttne last
prists:' Tba .recovery rxpeeted t fotiow ths
opening this week of the new aprlna tine Of tb
Atueviraa Wo4en company in Nw Tork. Other
maaufaetarer ar expec.'ed to follow the lead el
th Sic answers. It Is generally expected that
we have marked th turning point ta she Wool
manufactunng Industry. Ukrwtte wool 1 expected
t.ksi moved freely and at rather better succea
than haa prevailed recently. While no cave ex
ports ipythlng resembling a "boom," marktt
gradual aad liettthy reaciion it pndlcUd.
Tradieis here ha been dieultory th past week,
ttiough liMluding a wide rang of grades. Bate
made hat been t eery lew priea. Bom of th
bids triad by mill buret ha been turned
down, owner sarins that the buyers wer trying
to "steal" their wool. On th whole, bowsvet,
dealer liar abaaa a dlipoaltion to meet buyera
at least half way. It 1 evident that th big
hrlnkag In Tains ha been accepted by the
owner with th best grae poastbl with th bop
that soma of the recent losses may be recouped
In 1st operation.
Keceipta for tb week were: Domestic?,
8.360.000 pounds; foreign, 4.624,600 pound.
fanners
Pulls ,
Cl.oic dairy calve .,
Ileay calves ,
Feet light calves . . .
Medinra light calve
Beit feeders ,
Fair to good feeders
I ft 80810.80
8.50,0 8 50
7.000 S.80
T.OOftf 7.60
6.00 7.00
T250 SOO
6 23(8) 7.28
23 0 6.23
r 2.750 4 7
8.00 0 6.00
18 00013 OO
7.00 0 too
11.000 13.0O
00 0 11.00
6.50 0 7.00
6.50 0 6.60
11 H
63H
32
76H
23
14 H
88H
88
47 H
78
124
224
19
18
72
2
06 H
4H
171
10 H
8!) H
2
58 H
75 4
11 H
33
78 H
93 Hi
78
42H
3J H
95
154
92
91 H
81 H
r 35 h
SH
30 H
98 4
27 H
61 H
26
113 H
36
04
1 3 4
2'! S
K
HH H
04
67 H
0 14
824
4
15
boat is.
Mutton Motel Unchanaed
While there were indications late tn th week
Af depression in tb lsub trade, n chance tn
price developed in the entire mutton alleys.
North Portland ahowed a very sharp decrease in
the run aa compared with th bf showing of
last week. T
General sheep aad lamb rang:
Prime lamb $ 8 00 0 16.00
Cull limb ... 6O0a 7.00
Terllntl 6.50 0 T 73
Wethers 8 25 0 0 75
Kwe Ill 0.2
Following waa the disposition of life tork at
North Portland for the week:
Delivered to Cattle. Calve. Hogs. Sheep.
Adams pkg. .Co.. 2 7
Bennett Meat .... 50
Barton ft Co. ... 686 824
Ceratens Pkg. .... 15 ... 273 ...
M. -1. Gill 51 ... 47 138
Henry Pkg. Co. . . 112 ... 204 764
T R, Howitt .... 103 ... 230
Iberia ft Nelson .. 61
F. L Smith 00 9 ... 187
Schleseer Bros. ... 31 1 . . . 1 60
Starrett Pkg 61 ... 76 279
Swift Co 890 70 4 8 980
Mltrllaneou 183 115 116 2S8
Oregon feeders ... 432 6 5 ...
Washington teedar ... 109 ...
Rain in Idaho is
Worry to Wheat Men
Moscow, Idaho. Sept. 11. Another rain,
which heean falllne last nia-ht and hat contin
ued moat of today, has again stopped harvest
work and Is esuing some aneaatnesa among
farmers. Not more than 86 per cent of th
art In In this Immediate neighborhood hat been
threshed, end thoM with grata still in th field
sre beatnntne to worry ss fall rains have begun
bout thlt time on former occasion. lp to
thi time no dstnkg ha been don and It will
take severs 1 days of rain to do any serioas
damsie to the grain crop. Two days of aoad
weather will permit resumption ef urvet work.
Tli rain Is plsclng summer fallowed nldi ia
fin condition tor fall seeding s ml msny term
ers will start drilling grain as eooa as the rain
ceaaea.
Weather Is Worry
To Prune Growers
Monmouth. Sept 1 1 Prun grower ar
worried. They fer rain may dams th
crop. Some growers contend that lh cool
weather preceding the rain will help to keep
prune from cracking open. Next week pick
tng wlU be in fuU blast, if tht weather per
in its. Lext year rain came after a loaf dry
period. In many localities the r rosea war
cracked, with a reiuiUng Ion to th grew
II. O. Campbell ha a large prune orchard about
four mires south ot Dallas. l,st year the rain
tlamaged hi crop to th sUiaatd amouot of
$1200.
RHORT-TEnM OTE
Quotation furnished by Clark Kendall Co., Inc.
Maturity.
Am. Cotton CHI ,61. . . . S.2,24
. 10.1.23
. . . 3.1,24
,. .12.1.33
. .11.1,20
. .11.1.81
. .11,1,23
,11,1,28
Total sale, stocks
31.092.000.
Weekly, ttock 3,188,300; bonds, IS3.624,
000.
Itew Tork Boad Msrket
Furnished by Overbeck A Cook company.
HfACIFlC COAST BAS STATEMENT
Atchison gvnl 4t . . .
Cent, Pacific 1st 4 s
C. B. ft Q. eol 4s .
St Paul genl. 4 H s ....
Cb6go N. W. geaL 4t .
L ft N. uni. 4s
New York Ry. 61
Northern pacific P. L 4a
Heading genl. 4
Union Pacific lit 4t
V. 8. Sieel it
I nlon l'ac. 1st refH 6s .
Southern Pa- if ic conv. 5s
Siutliern Pacific eonv. 4t
Penha. conv. 4 H t
l'euiia. 1st 4 H a
I he, ft Oliio conv. 5t .
Oregon Short Lin 4 . .
Bid.
75 H
72 H
95
72
78 H
78 H
21 H
75
SO
80 H
92
74 4
98 H
78 H
89 H
78H
SO S4
73 H
Ak.
76
724
93
78 H
74
79 44
22
It -
80 H
81
92 H
75 H
98 H
78
SO H
77 4
804
79 H
Lleertj Bnad Bale
(Furnished by Orerbeck A Cook Ca)
yrrrn. ingn. low 1
I.iHerty. 3 Vis ... UUOO ilUUO
.iberiy. 1st 4a
.iherty. 2(1 4 s
Liberty. 1st 4Ut. 8580 8874
Liberty. 2d 4 '4 . S6U4 8608
Llbertv. 3d 4 ia s . 883l 8K50
Liberty. 4th 4 Hi 8522 8326
Vletiry. 44s.... 9540 9548
Victory. SHs 9140 9344
SOOO 8)9S
.... 8550
484
6560
86O0
8840
8520
9538
640
S570
SftOO
8840
6322
8543
643
New Tork Batter aad Egg
New York, S:pt- 11. tL M, R. ) Batter
Market quirt and steady. Creamery, extras,
58 H et 61 He; do tlrts. 32Oc: do chillier
ecoring, 69 0 02 He: state dairy; rake, 4AJSt5Se.
t neese Maraex firm, z u e . v . rltat
Whole milk specials, 27 028; Wisconsin
Whole milk, fancy Toons Americas, 27 H 4$
St He; state Skims, apecsats, lH17e; do
choice. 14 0 16c; fair to good, 120 14 He
Egjrs Market firm. rreeivjy wnite, fancy,
80c aeked- do brown, 07 0 79c; estra, 82 0Oic;
firsts, 65 0 57a.
5w Tork Wool aad Sldei
New York, Sept, 11. (I. N. 8.) Wool
Market dull. Domestic Heec XX Ohio, 40 0
tiOc; do pulled, coured basin, 40c 0 $1.15; da
Vexas, scoured basis, Oc0$1.29.
Hides -Market export demand improved. a
t.ve steers. 2S0 2oc; branded steer, 28 026C
New Tork Sagar aad Coffee
NeW Tort. Sept 1 1 . ( C. P. ) Ctvff So.
T Hlo 8 He: No. 4 Santos. 14 013.
Sugar Dun. Baw. 810.50 0 10.76; refined,
spurt; granulated. 813.00 0 17.10.
Sew Tork Potato Market
New York. Sept It. (L N. 8.) Potatoes
(in bttlk, barrel or bag) Market weak. Nearby
whit.7 62.00 $ 23.
AMERICAN LIVESTOCK
OhlcaaoHost 81. SS
peices
aa
Chicago. Sept. 11. Mows HeretnM. 2400.
10tl3o higher. Balk. $14.79 019.73; tops.
$16,85; heavyweight, $15 30 019.60; medium
weight. $16. 00 16.85; lightweight. 318.100
16.83: light light. 818 500 16. HO: heevy peck
ing sows, smooth. $14.76 0 15.10: packing sows,
rough, $14 86014 76; pigs, $14.23 016.00.
Catties Receipts, 1100.
Sheep Receipt, 1S0O.
No Denver Hog Marktt
Denver, Sept. 11. III. P. I Receipt. 700;
steady. Steers, 810.00 0 14.00; cow and
h.lfrrs, 87.SO01O.25; calve. - 89.00 0 13.00.
Hog Receipts. 100; steady; no market
Sheep ' Receipt. 600; sttady. Lambs,
814.000 14.60; rei, $6.0006.23; feeder
lamb. $12,000 12.73.
Omaha Hogs $1S.2S
Omaha, Sept. 11. (I. N. 8) Hogs Re
ceipt, 3500; tctlve, mrs-tly 25c higher. Bulk,
$13.0016 00; tops, $16 23.
Cattle Receipts, 200; weak. Reef steers,
2Sc to BOc higher ; butrber etcck &Oe V, 7oi
higher; bulls generally 26c higher. Veals siftdy
tn strung. Htockert and feedtri 25 to 7ic
higher.
Mheep -Receipt-. SOO. killing lambs. SOc to
75e higher; yearlings 2.1c to 50c liijlier; ewe
ind wethers, mortly 25r higher; feeder linib.
60c higher.
Kan city Meat 8160
Kansas CRy Sept, 11. (1. N. 8 ) Cattl
IteceipU 330; steady. Steers, $18,00 0
17.23: cows snd heifers. 81 0.00 0 1 n 00 ; feed
ers. $13.00014.00; stoeken. $8.00 0 9.60.
Hogs Receipt 600. Top $16.80; boll,
$15.75018.40; light. $16.10 016.60; heavy,
I1R.70 0 1S.10.
heep IteceipU 2000. Ntlv lambs, $13.60
018 9O; weatern btmba, $13 5014.15; rwts,
$6.50 7.00.
Am. T. T. . .
Am. T. AT. . . .
Am. Thread 6. . . ,
Am. Tobacco 7. . ,
Am. Tohaoco 7. . .
Am. Tobacco 7t. . ,
Am. Tobacco 7s. . .
Anglo-Am. Oil 7 Hs... 4. 1.23
Armour Conv. fit. . . .7,1.". 30
Retgian Gov. 7 Hi 0,1.46
Relgian Gov. fis 1.1.21
Belgian Gov. Ss 1,1.23
Bethlehem Steel 7s. . .7,15,22
Bethlehem Steel 7a... 7,5, 23
Rritish Gov. 5 Ha. . .11.1.21
British Gov. 6 H a . . . 1 1.1 .22
Canadian :uv. BHS...H.1.21
Canadian isv. 6 Ha... 8, 1.29
Cudahy Parkin. 7l ..7,15,28
Inter. It. T. 7a 8.1.21
Jspsnese Gov. 4Ht..7.10,23
Kenneeott Cop. 7t. . . . 2,1,80
l ikg. Myers Tob. Ot. . .12.1.21
Molina Plow 7s 6.1.20
Molina Plow 7s 9.1.21
Mrline Plow 7 a. ...... 9,1 .22
kloline Plow 7a 9,1.23
Molina Plow 7s 9.1,24
Nor. Pie. Equip. 7t.. 5, 16,22
Ptc. Ga A Klee. 7$. .6,1.26
Swift ft Co. 6a 6.15.21
V. S. Rubber 7s 12.1.28
Bid. Asked.
884 boh
4 H S44
92 H 03
93 05
99 H 100
90S 90 H
99 H 994
96 H 98 H
98 H 99 S
9H H
4 37
984 99
90 H 92
ss h a4
97 97H
98 H 96 H
91 4 92
98 H 98 H
,90H Vl
6H 614
84 66
72 H 78
02 H 36
97 H 7H
99 H ....
PA 09
94 88
91 06
oa aa
99 H 100
96 07
,984 99
aa j 91
BUSINESS
T
RIMS
SAILS IN FEAR 0
f;
ROUGH
WEATHER
Reduction of Forces and Cut in
Output fiesorted to in Some
Cases by Industrial Concerns.
FOREIGN- EXCHANGE BATES
Corrected daily by foreign eachange deparV
ntnt or tne iniieo. otate ,-sauonai Dang.
OptuiPl nominal rale erubank tranaaetton
Cheek Transfer I
Drafts. Cable,
London Pounds
Sterling .. .$ 8.50 H'
Paris Franc. 6.66
Hamburg Berlin-
Marks ....
Genoa Lire . .
Copeuhagea
Kroner . .
ChrisUauis
Kroner . .
Stockholm
Kroner . .
Hongkong
Currency .
Japsn Yen .
Shanghai
1 tela . .
1.84
4.33 H
14.10
14.20
20 40
75 78
61.50
1 OT
$ 8 BAH
67
1.64
4.84
14.15
14.25
20 45
74 25
61.76
1.07 H
Vahi
Par
4.8665
19.30
33 61
19 80
26 79
20.TI
2 7
49.84"
May Try Operation
Detroit. Sept. 11. (L N. S.) Allen
Kellar anrTTJoseph Lara, who have spent
great part of their 35 yeara of Ufe'be
I hind prl5ton bsrg, will probably go under
Clearing.
Monday. , . .
Tuesday . . .
W-dne-day. .
Thtirvday .
Friday
Satur lay . .
Vek
Pwrtlan Bank
Thia Week.
riolld
.8 0.024.248.46 I 0.802.032.02
Tear Age.
6,898.0.17.8$
6.653.588.88
- 0,265,82$ 30,
!.Sti.-.,3r.8 64'
3.405.080. aa
e.812.H42 8
6.370,162.39
8. 681.68$ 93
7.727.188 64 '
ss.uaa.ied.ss
the surgeon's knife for treatment to cure
their alleged "criminal instincts." They
have been ordered by the court to a
hospital for treatment.
"The dealre of business to trim Ita
aails ao that It might weather any
approaching squall was more defi
nitely emphasised last month than
at any time since tha spring of 19U,"
is tho opinion of one of tha country'a
leading financial Institutions In ra- -
viewing the financial situation for
the month of August. In comment
ing further the report says:
"This u particularly noticeable
toward tha latter part of tha month,
when large industrlea began cutting
down their forces.
In other instances, large Industries
moved to safeguard their busineaa by
slackening their volume of production.
Tha atp"ln brought about by the scarcity
of capital haa by now affected all in
dustries, Whether that strain can be
relieved by decreaaed production remains
to be seen, but It would seem that th
oost to do business in Industrlea with a
fixed overhead could be laasentd mora
successfully by an Increase of volume
rather than by a decrease.
There haa been aome slight Improve
ment in railroad situation within tn
month and commodities are moving mora
freely Into trade channels. Continued
Improvement ahould ease tha situation
materially.
The security market, despite forecasta
to the oontrary, still has failed to de
velop a definite trend. During tha month
dullness and Irregularity ware tha char
acteristics which ruled the stock ex
change and although sentiment waa op
timistic, it waa scarcely born out by
actual trading. Dealings on tha stock
exchange seem to indicate tha desire of
a; great many holders of silt edged se
curities liquidate In order to obtain
oaah with which to continue operations.
"Bonds of known Industrial oonoerna
have undoubtedly- reached low ebb In
the tide which wept over th 6ecurl
tlea market three montha ago, and that
ia the thing on which tradera doubtless
base their optimism.
"Cancellations of orders by retail mer
chants to wholesalers and jobbers seem
to be Increasing In number and volume.
This Is due In part, and perhaps mainly,
to tha fact that the retailer has a beltsf
that prloaa are going to be lower.
"There Is no doubt but that a grsat
many customers have reached the con
clusion that prlcea are too high and
that they can restrain thalr furthaar ad
vance, if not Influence their reduction
by abatalnlng from further purehaaca.
The backbone of the industrial etruo
ture credit gamed no strength during
tha month. Banks continued to hold u
Interest rates and the rata for call
money In Wall Street held at from I to
9 per cent throughout the month. In
dustrial loans were very oitricuit to od
taln and then only at ratea that were In
many Iniuhcps equivalent to 10 per cent.
Any forecast at this time aa to tha
trend of buWlneas for the next quarter
would be nothing more than a wild
guess, aa there are many conflicting
aganoles at work, such as the possible
coal atrlke, car. ahortage due to move
ment of tha fall cropa, and further trana
portalion tleupa, any one of which would
have such an extremely devitalising In
fluence on business that the future la
quite hidden from the view of the finan
cier.'' Rainier, Marshland
Bonds Held Valid
Balem, Bept 11. Bond Issues In the
sum of 150.000 voted by ths Marshland
nralnaare district, and $29,000 voted by
the rtainler Drainage district, are held
to comply v.lth the law and to be valid
In opinions prepared fcy Attorney Oen
eral Brown. The dlstrlr-ta have applied
for state certification of the Issues..
sokan Bank
(!e-ini R8niy ,.. 2,1 15.72(1.00
llalaore. Saturday. 544,568.00
Saatti Bank
Clearing, Kattirday $ 0,119,140 40
llalanoea, Saturday 1,019,858 or
8an Franeite Banks
Clearings, Saturday 828.500.000. 0i
Lo Anaeltg Sank
Clearing Saturday $15,862,199.00
YIELD
! 93.42 I
rrr-
Haval fMore Market
New Tork. Sept. 11. il N. S .) Turnen-j
five Savannah, 1S7H01S7H: New lurka
t
, Rosin Savannah, 1230 0 1253; New Yuri,
1413.
Minneapolis Pea a -7arhet
Minneapolis. Sept. 11 llax No. 118.82
3.80. To srrit Same. i, '
Poreiga VTkeat Markets
Liverpool wheat, tie say.
Buenos Aire Wheat ckosed steady,
ary. 2.14 H.
rVbrw-
8aa Vi-aielaeo Grain Market
Baa Francisco. Sept 11. I U. P.) Bartoy
isew. i.2sji.. (
Overbeck &
CcDke Co.
Stocks. Bonds
Cotton, Grain,. Etc.
DIRECT PRIVATE
WIRES TO ALL
EX04jNGES. ;
Uembera Chicago . Board .f Trade
Corraapondenta olLegah Bryan
j Ctilcago iaw iorg 7
816413 Beard ofTrad BaDdlag
General .Insiirance
BONDS '
McCarga,.Bat.,&U,e.,
Toon BuiicUng- tVlaia 168. A-2694
Free From
All Domtnlon
Government'
Taxation
$100,000 City of
CALGA
RY
ALBERTA PROVINCE
School DUtrict 6 Gold Notes
Dated September 1, 1920 Due March 1, 1921
Denominations: t&00 and 11000
PRICE U3.42 AND INTEREST TO YIELD 9
,. Calfary Enjoys Great Period
of Prosperity
.Due to thia year'a great grain and agricultural production tn Albert
Province, Calgary, the commercial center and largest city tn the prov
ince:, is enjoying the greatest period of substantial prosperity In Ita
history. Statlstlca from tha wheat producing country surrounding Cal
gary show an exceptionally high yield. i . ,
The general business Increnae brought about through this crop la
proven by tha Increased business of the Calgary posloff Ic and th
local luaury tax collector. . - . -"- Kr- 'f ;
" .' ' . ' FIKAlrCIAL;STATEMEJlT;;;':-;',;
Assessed Tslsstloa .....'.............,,..J3At$,48$.6
Bonded Debt (larlsdlng thi la. .....,.... S.ltMII. '
Talae af Sefeool Ulntrlct' Assets. ...... ........ 4I,(6UI6
' Principal and semi-annual interest (March 1st and Heptember 1st) par'
able in Ootd Coin of tha United State In Mew York City or at tha office
f Morris Brothers, Inav. ,v- . ,f Jr: -r . -
lCaUty approved by Mesiirtl. MaJoh
;, . . - . t j iv.-'7v''i.-. p.; ':tr.i:n;i..-r,
MORRIS BROTHERS, Inc.
Betwee
Ith aad MS
at rec ( a.
Th Premlar MaaMpal Bead Hesse.
Establish tjaarter ef a Ceaisry.
' Jtorri Uiog, 88I-11 aiarfc b .
- c caaitai Oae MliUoa Dellar. .
Teleahoaa
Broadway
3UI
J "
l . ves! r .'- il
f1 " ' Telegraph ar TeUpfeaaa Order at Oar Etaeai 3
- . 1 , , X , J r ;
-- .. - . f ' . " - . ? -: . . - 7 .. , . ' '