THE ..OREGON DAILY JOURNAL, PORTLAND, OREGON I FRIDAY, ; NOVEMBER 5. 192o. CALIFORNIA POTATO BUYERS, INVADE LOCAL TERRITORY Edited by Hyman H. Oobea RAIL STOCKS SHOW: STRENGTH Will F.HessUd 20 D FRESH EGGS SHOW EXTREME SCARCITY ' TALK BTJTTEB BISE Some effort are belli made to ad tum the price of batter aext week. It U aellkeiy tkat aay advance will be made her tA s rtie la snow on 'Facet SoasoV .-. ": ; While the trade here Is UXKing about egg prices having- reached the top, as high as 70c is being paid for offerings Iron the: country at this time, wis Being an advance of 2c over previoua pur chases. An vimmil showln of searerty to indicated to the fresh ccs trade. Anything In that line is quickly snapped up by buyers snd P"f. -PMC to be no special object Sales of frean. tn are shown . grenerally around 7 80 for food candling, while extra end (elected stock are commanding Oe easdy at this time.. Hula of we "egg Mies ctmuiiuB u food. The eitrerus tensity of fresh etoek h again stimulated trad in ice honw rood; but holders are not inclined to hov price any higher because moat of them are auite willing to take the present extreme profit without tax ing any additional chance with the market. - Those desiring specisl informarlon regarding any market, ehould write the Market Editor, Ore goo Journal, enclosing atamp for reply. BT7TTEB TBABE HOIBWO WEI.1. Market for bntUr appear to show a eteady tone generally., tbe only price (hading being by t ho who very aeidom obtain the extreme quo tation. Bom of the leading creameries report ' a ehortage. : TURRET SALES ARK Jn AUK uuira Sales of dressed turkey were made in the w.. t..H at AO tit 52e a Bound generally " for good quality during the 24 hour. Northern . buyer appear to be seeking to depress the price mt further. ' CHICKEX DKMA7TD IS VERT GOOD All through the chirken trade a eery good demand ia ahown on Front street. Sale of light hena are generally at 22c a pound, al though om business ia shown lo above Una. -Hecelpt an moderate. rOCAl. CKAlfBERRIES SELL BEST negate tbe attempt to force eastern cram-ben-iee upon tbe trade bar., local growth im Bell ing baxt. Eastern stock la commanding 81S.OU a IS. SO per barrel generally, while local are ailing at $5.00 ej 6.60 per third banal box. MEAT PRICES HOtDIKG STRONG In general the price of country killed veal and hog ia holding stlong along the street, with sales in both Unea at 202ie a ponna iar top I quality. Little of the buaineaa at the higher figures. BRIEF NOTES OF PRODUCE TBABK Apple trade ic excellent in the local market. Two brand of soap are down 20c to 25c a -box. . Canned milk market ia extremely weak. Sugar market weak at the lowered Price. Practically no activity if shown in local beans. ' WEATHER It OTICE FOB SHIPPERS Tbe weather bureau advises: Protect shin ment during the next 86 hours against the fol--Inwing minimum temperature: Going north, US degree; northeast, -over 8., P. A 8. B, R., : 28 degree; cant to Baker, 24 degrees, and south to Ashland, 82 degrees. Minimum temperature at Portland Friday night about 18 degree w WHOLESALE PBICE8 IK PORTLAND These are prices retailers pay wholesaler, ax- ept a otberwiM noted : , Dairy Product BU'l'l'KH Selling price, box lota: ' Cream ery. extra, parccment wrapped, 68c per lb. Jobbing prices: Cube, extra. 4 80 lb.; dairy, buying price, 85a per lb. BUTTERFAT Portland delivery basis, Ble 1 atgrade; 48a B grade; coon try stations. 44 0 47e per lb. Ot EOMAHQ ARIRS n brand, Ble; ottH- nary, S3 He; oaaera, aav; ommmnw, iartons, 22c.1, . . . . ' CHEESE Setitng price, Tillamook, fresh Ottgon fancy triplets. Bio per lb.; Young Amer ica. 82e lb. Price to jobbers, I. a b. Tilla mook, triplets, 28c; Toung Americas, 29c. Bell ing price: Block Swiss, 494Bc; limburrsr.. 40 42e per lb. EGGS Buying price: Current receipts, 68 . ft 7Uo per do.; candled, aelling price, 769 78c; select, 80e per dozen. . UTB POULTRY. Belling price: Heary hens,. 80c per lb.; light hens, 22c per lb.; anrins. Unfit. 2ft30c: neary. 24 0 25c: old. rooaters. 12 14c per lb. : turkeys, tore,. 40c; dressed, 5052o; ducks, 8 Be. Preih Veoataznes and Prwit rWRSPf" rSTJTT Oranges. $9.50 010.50 box: bananaa. 1214 018 He lb ; lemera. $8.00 06.50 "e crate; grapefruit. Florida, $8,500 r r O ,11. .K ' 14 Afl d 2.50 per box; pears. $a.7B; Tokay grapes, loo per lb. - - PPT.ir..q Km. 11158 00 DRIED ERUITS Datee, Dromedaries, $7.25; Ward, $4.50 per box figs. $3.60 ! 4.00. ONIONS Selling prioa to retailers: Local, S1 75- sMnriatinn scllma price, car. $1.25: lifornla onions. $1.25 01.76; garhe, 20e per lb.; green onions, 45c per dosea bunchea; onion eta, I2e per id. POTATOES Semng prioa: Oregon fancy, at TseSM: sweets. 4e)4fto Mr lb. BERRIES Hack leberriea, 18 0COO lb.; eraa vrriM Iml tKIMIaVS.SO box: eaatem. $18.00 ; 019.50 per bM. ' vnnRTARTJCil Tnrnirje. f 2.75 ner Back carrots, $1.00; beets. $2.00; lettuce, $4.75per rata: encumbers. $1.60 sack: tomatoes, Cali- tornia, $2.25 0 2.50 lug; egg plant, 10c; broc coli, $1.0001.69; bell pepper. iuo in.; oeiery. 60086a do.; string bean. 4000 per Id. Meats and Pro Won COtTKTTtT MEATS--Selling price: Country V. on A 91. m IK fnr fenn Murtl' h.i w. 14016c; veal, 20 0 21c; hoary veal, 10 012c BMOEED MEATS Ham, 42046c per lb.; breakfast bacon. 88 0 66c; picnica, 27e per lb,; cottage roil, 85e per lb. LARD Kettle rendered. 29 0 lb.: tierce beau,-compound, 20 He. Fht end afsMifMi FTtESH FT8H Salmon, fresh Chroook, 20c nee In.1 Halibut, irean. 2o in. : atnneon. I I blaek cod. lO01to lb.; kippered aalmon, $2.60 nee 10 lb. basket: kippered cod. $2.86: raaoi es.ms. ( ); craba, - $2.76 08.75 docen; ling . cod. e or ho per w. 0T8TEKS Eaatera, per gsUoa, $5.00 utyvpta, ea.ou. . . WHEAT MARKET IS STILL DECLINING FEXD AT WHEAT MARKET Bid. Lo. Soft white .................... 18$ $e White eleb 18$ Hard winter ..T. 18S Korthera gprlap ............. 18 Bed Wall 18 KORTHWEST GRATS BECKTPTS Reported by Portland MerobanU' Exohanga: ....... Oars Wheat Barley: Flour. Oat. Hay. Portland. Frt .. 44 Year ago ...... " 40 Bee son to data. .-8489 Year ago .4192 Taeoma. Tburs. .10 Year ago ..... 25 Reason to date.. 2822 Year ago . . . ...2837 Beetue, Tnura, . a Year ago ...... 16 Heasoa to date..ZSN Year ago ......2472 "For the third consecutive day after the election the price of wheat has ahown a generally lower range throughout the United States, In the East there was further weakness reported at the open ing of the Friday market and this was reflected throughout the country gener ally. - Reports indicate that England taking on very liberal supplies of wheat without allowing the general trade to discover this fact. There appears no doubt that much wheat is going to ward the United Kingdom but the exact pur chasers sppear to be hiding their identity. Holding tendency of growers appear to nave subsided somewhat. In ths Pacific Northwest there is a sufficient supply of wheat bow offer- ing to fill every demand. So far as the hold ing back for Higher price is concerned, uw movement appear to be a failure. Coarse grain are to some extent affected by ths lowering wheat pries but premiums con tinue to be paid in aome instances for spot oats. FLOUR Belling prlc. ualU aoor. , r-awnv. 11 40; Montana, sorina wheat. $11.70: 'Willam ette valley brand. $9.60; local atralght, $9.60; bakers' local. $10.80 011.05: graham. $9.60; whole wheat, $9.80. Price for aty deliveries loc extra; suburbs n. 20c extra. HAY Bavins price, nominal. wuiameixe timothy, fancy. $28.00 080.00 per ton; clover. $20.00; cheat, '$23.00; straw. $11.00 011.10; grain, $25.00; alfalfa, $24.00 per ton. ' GRAIN SAUB-B nominal. no. a ijcih a, 0 0 10 Vic; domestic, lie, in car lota; has amount higher. : MILL8TUFFS Mul run at mm, aaeisi, 50.00. ' ' .- . OATS Per ton, baying price: Jreea. ssi.vi 048.00. BARLEY Buying pries: Feed. $47.00; milling. $47.00 047.50. SEED Buying pnee. nominal: no aemano. Bed clover, recleaned. . ( J per lb.; alaik, - ; vetch, ( ). EEEDSTUFF8 F. O. B. mills: BoTled bar ley, $66.00; alfalfa meal, $38.00; eocoanut meal. $50.00; soy bean meal. $68.00; linseed meal. $81.00; cracked corn, $60.00; whole com, $57.00 ton; scratch feed. $74.00: whole oata, $62; relied oata, $54 per ton. ROLLED OATS Selling pries; $11.Q0 bbL Merchants Exchange bids: WHEAT ' : . ' " Hot. '. . Dec Hard Whita Soft White... 185 185 White Club 186 15 Hard Winter .....182 -182 Northern Spring ......182 182 Red Walla .- 180 180 FEED OATS No. 2 Whh 4600 4600 No. 3 Gray .4400 4400 BARLEY ' Brewing 4650 4650 Feed........ ......4560 4560 CORN No. S Eastern (bulk) 4150 4100 No. 8 local (bulk) .4200 4150 SUGAR Nominal prices, refinery basis Cube, $13.85; fruit and berry, $12.00: D yel H.w, $11.40; granulated, $12.00; extra C, ' oiv.ou; goiuen j. tii,au, - HONEY New. $7.00 08.00 RICE Japan style. No. 1. lie; Ner Orleans Daa. ( ; nine nam, ilH 011e pot lb. SALT Coarse, balf ground, 100. $17.25 P ton; ouj, gie.To; tsoie dairy 60a, $27.26 bales, s.oo 0 4.00; fancy table and dairy. IM.no: lump rocs, jo.ou per ton. belaks Sale DJ Jobber: 8n.ll .(.. 6c lb.: large white, 6c; pink, 7a per lb.: limss! mwi, 7 c; uregon beans, buying price, nominal. CAXNED MILK CarnaHoa, $6.00; Borden C.0tr; Astor, n.0; Essie, $12.60; Ubby COFFEE Boasted. 26040s . in sacks drums. ' . BODA CRACKERS In bulk. 18e par lb. r.Li walnut. J5(2bc per lb.; almonds. 27Va28c: filberta. $2o in Mf k louf w eeitaH w v , m s laai, 4VfC, sOrmJUia. B(K. Chleago Dally Prodtre -tnicago. nov, o. (1. n. b.) Butter Re- . eeipts 8618 tuba. Creamery extra. 2C . firmht 48 0c: packing stock. 25 as S 2 Eat ' Receipts 158S esses. Miscellaneous. $5 0 61e; ordinary . fints. 67 080c; firsts. 6 . nroic; euscas. oa cy sac;- airues, 40046c. -iongherns. 24 024 He: brick. 22e ? Uvs poultry Turkey, 85c; chickens, 19 0 wnuvi, uii. ivimcn, ucj geese, 75e ucs e. Jfew Tork Sarar mad Coffee Sew Tbrk, Nor. 5. (TJ. P.i atr.er.- dnll. $8.03;, refined, dull; granulated. $10.50 Cifr--Spot 7s, Bio. 8 Vie; Santos. No. 4 - 6jl 0 12c. . ' Oalea Crop Damaged - Gemis. Or.. Nov. Th mil,. . .ake Labish la damaged to tbe extent of more than 50 per cent, r'ormerly 125 to isn loads have been barveted from these groanda , but only the onions that were taken off befotw the raise will be merchantable. However,' the grower ia doing what is possible these sun : )uny days to. savs ths beat from tbe field. These m course wui nave to oe marttted immediately. ' . - : Srinneapolls-Dnlath Flax Dnluth. Nov. 5. (L N. 8. Flax--Nov. - i.nn: jan., sj idd; nay, Z.71H Minneapoli. Not. 6. Flax, $2.60 02.61 arrive, sscn. 4 ... . 19 ... 12 12 75 269 225 684 11S 1564 276 ' 718 1 e see ...... 8 2 36 854 65 870 64 ... 103 404 ... 2 6 .... 5 3 ... 125 186 142 790 129 811 814 608 Potato market is showing a somewhat better tone at leading selling points In tbe country. ' Primary points in general are inclined to report a small movement. but some points have a fairly good in quiry, while other sections show a light catt. i In the local territory the market somewhat depressed at lower prices. The sudden avalanche of . California borers into ths local territory may explain to Aome extent the reason tor beating down the local price. ' Within a fee hours of seen otner, a number of California buyers have invaded the local market.. Som of tbsra claim that they are not hers : to purchase potatoes, put iu- fomla pouts buying firms do not usually send men np rvortn on pleasure cent. Fact of ths nutter is that during the last 24 hours, a fair volume of business has passed at local point. Moat of the trade in the country appears to be around $1 per cental for gooo, anipping auves, aiuiousn il is an ovuwvu that any really top quality moved at that pries. Many of the growers are quits anxious to 1 because of the fear that the stock will not keep well. - Expianatmn of the previous sodden advance in the Yakima price is now given. It appears that a number of Vancouver. B. C, dealers who were being asked extreme prices in their own territory, decided to purchase several hundred carloads in the Yakima, section because of the low prices quoted there. These orders were given to various dealers and the dealers in turn started, to buy the atock alter sales were made. None of them appeared to realize that tbe other fellow bad orders similar to their own and in tense competition in the buying resulted with the consequent sharp advance in the price. In other words dealers paid high prices for' pota toes which they had previously sold at low prices. It was not a legitimate demand that boosted Yakima price, but a misundertU riding among buyers. -. Retailers Cutting Price, of Lumber; More Interest Seen "The lumber market has shown very little change this week, aaya the American Lumbe; ma not Chicago, "and it la becoming inc: ingly erident that the end of the declining mar ket in softwoods has been reached. Prices on some grades, boosted abnormally high by the shortage last spring, are atill somewhat out of line and e leveling process, whereby these prices will settle down to the natural spread between prices asked for the different grades, is to be expected. "While a careful study reveals that retailer have not increased buying to any extent there is to be noted greater interest in the market on the part of buyers and a larger volume of inauiries. Retailers almost universally have followed the trailer of letting their stocks run down, while there has not1, been a keen retail demand a good deal of lumber and other building ana te rial has been sold and aa a result stocks are getting con aiderably below normal. One .of the factors which disarranged the lumber market early in the Tear waa the ab normal trend that buying took at the end of 1919. Normally setau lumbermen are accus tomed to make their heavy purchases after January 1. but instead of beginning in January, 2V2U, Buying began m October ana rtovember of 1919. This buying csrried the lumber mar ket over the period when prices are generally at low ebb and consequently the . usual winter slump in buaineaa waa not felt. Thi year. however, it ia an unmistakable fact that buyer nave rerertedr to their old policy and will not purchase heavily for tbeir anticipated wants until the winter is well started, and consequently the market ia in a more normal condition. "Report continue to come in from different sections of the country telling, of the reduction in prices of lumber by retail lumbermen. . One large retail concern has set aside a surplus and in order to stimulate the demand and assist in building homes it will sell lumber at a loss. using the reserve fund to take care of the C0TTOTC PRICES ARE JOLTED BY SETERE SOUTHERN SALES New Tork. Nor. 6. (L N. 8.) A severe break occurred in prices at the opening of tbe cotton market today in sympathy with a drop at Liverpool supplemented by fine weather all over the belt and much heavier selling by the South than for aome time. Initial quotations showed losses of 27 to 48 points. The National G inner' association estimated ginning this season to November 1, at 7.280,000 bales snd radicated the crop at 12.760.000 bales. After the start the manet ruled about steady with dealings active. Liverpool and trade inter ests absorbed the offering. Ralliea were short- lived in the late dealing ana cia not extena rar. rut close waa ateady at a net decline of 10 to 90 mints. Soot cotton today was ouiet and 80 minM lower st IV.S9. no Furnished by Overbeck of Trade building ; Open. January ....... . 1980. rebruary . March ......... 1976 April ..... ..... .... May ............ 1955 June . ........... t. July ......... 1910 August ........ 1899 September ...... 1868 October ......... 1850 November ...... .... December ...... 2025 A Cooke Co., Board High. 1982 Low. .1920 1975 1910 1955 i 1894 1910 1899 188 1850 1862 1875 1841 1850 Close. 1928 1923 1917 1922 ; 1902 1890 1875 1860 1850 1840 1940 1980 T.lTr-nnnl fsv'ttL y.,!...-' Uverpoot Not. B. (I. u. g.) gpot cotton opened in small demand today. Price were oa, uuu Dales, Ann mid.. 17. good rrA -17 SO. 1-1 , . 1' mm., n.ou; nun., ""d.. U.75; good onL. 8.80: ord.. Futures opened easy. 204S 1980 i, '3fw York Batter and Egg sr.ViS T.?!i:. Wo- 5 - N- S.) Butte !, vtcauiFrj 5XkresJ$. tJltt n creamery first. 47 0 62c: cVean,erV7 h coring. 64 H 0 67c: state dairy tubs. 37 0 renovated extras. 46047c m 50iiL- wno m"k fancy .. y, note milk. Y nil Tl, A m pie. OBI - . ' Ula7 18 0 20c: skim.: ehTlleT suVlariB? ehMAsi a I ia . . . ' VII mJVT MA? irregular; nearby whita. fancy 94 0 96c nearby brown, fancy. &OtsRiT. . 77 478e; fieaia sa a, 4MC Wooc; extra. 65e: igber 62e fancy spe- Yiw Tsrlt W...1 . .. ui mora "i2.' 2?-5 k N- S ) WooL . denude -pledT a'.L8"1 "desMtrkTu l' ' brTif, 19 028c; fiTATfl DIIDPUAQfQ uiniu I uiiUiinuLu . -; ' i NOR T HERN PAR IS AIDED BY OIL AT NORTH PORTLAN Lower Erices Are Again- Forced in The Wheat Market Chicago. Now. 6. (L "N. R) Weak ness . in foreign exchange, lack or any substantial export demand led to re newed selling of wheat futures after they had regained early losses, and prices closed at low point (or the ses sion. Oats and rye were; weak ; with wheat, while corn futures displayed in dependent Strength on account of the strong cash market. Lwer cotton and stock marketa aided in depressing values. December wheat closed at net losses of 2c to 3c and March lc lower. De cember corn gained c May waa c higher to c lower and July He off. December oats dropped 4c . and ; May lost c Provisions closed Irregular. : Bsnge of Chicago prices as furnished by the United Press: i WHEAT Open. High. Low. Clcee. December i... 199 201 198 198 March. ......193 1954 -198 198 : CORN December .... 82 K 83 82 88 H May 88 88V 87S 187 . t - OATS ' -: ; December.... 53 H 64 62 62 May M 68 69 14 68 Vk ton RTE . December ....167 - 167 166 166 May .157 . 158 156 167 BARLEY Teoember .... 92 02 90 92 May ........ 92 93 91 2 Cash barley, $1.02 01.08. PORK November . . . 2325 2330 2325 January 2490 2490 2480 LARD ' November .... 1880 1890 1880 January ..... 1635 1635 1625 : ' BIBS . November .... .4. .... January ..... .... .... .... Cub wheat No. 2 hard. fZ.UOtt, 2325 2480 1890 1635 ! 1425 1 1372 New Tork, Nov. 6. L N. S.) The stock market closed weak today. The entire list was subjected to severe aelling pressure in the final hour, on which losses of from 1 to 1 points were sus tained. The railroad issues after hold ing steady for the greater part of the day, broke with the rest of the list. Southern Pacific dropped over 8 points to 1134, dosing there,' Reading de clined to 100. Northern Pacific to 92 and Great Northern preferred to 89. Steel common, after selling up to 87, yielded to 86. Baldwin was 2 points lower at 11L The oils were freely offered, Mexi can Petroleum dropping 2S and Pan American Petroleum 2 points to 86. In dustrial Alcohol fell over 2 points to 79. Government bonds unchanged ; railway and other bonds steady. Total, sales of stocks were .' 945,400 shares; bonds $18,248,000. HOGSUPTD $1450 FRIDAY HOO MARKET . Tone, -t Top. Portland Ke higher $14.69 Chicago l$e higher! ' 1 Omaha ......... .....1101a lower 1S.69 Denver ........Steady : 14$ Kaasag City ........Light H 1S.7 PORTLAND LIVESTOCK RUN Furnished by Overbeck eV Cooke Oc, Board sr Trade building BAIRY PRODUCE OF THE COAST San Francisco Market San Francisco. Not. 6. (U. P.)-Buttr , Prime firsts, 64c; extra choice, 66c. Egg Kxtras. sue; dimes no. 1. nominal; extra pullets, 72 e; undersized pullets, 64 c -Cheese ceiuomia lists lancy, svtte; lists first. 25c , Los angetes essrset Lot Angeles. Nor. S.--(L N. S.) Batter 57c. ' Egg Extras. 81e: case eounta. 78c: pul lets, 72e; peeweea, 56a. Poultry no change. . ', . - Seattle Market " Seattle. Nor. 5. (TJ. P.) Batter Local creamery-cubes. 25c; bricks, 63c. Kggs-u-rresn rancn, ec; pullets, uzc Cheese- Triplets, 82 0 83c Milk 22c POTATOES ALONG THE COAST an Francisco Market San Francisco, Nov. 5. (U. P.) -Potatoes River white. $1.75 02.00; Salinas, $3.00; sweets, ' 3c . Onions Yellow and white. 90c 1.00: Aus tralian brown, $1.00 01.25. Lot anesies Market Los Angeles. Nov. 6. (L N. S.l Potatoes Stockton Burbanks, mostly $2.00 02.25; Idaho Russets, mostly $2.25 02.50. - Seattle Market . Sesttle. Nov. 6. (U. P.l Potatoes, per ton Yakima Gems. $45; local. $35 036. i British Apple Prices Olympia, Wash., Not. S. Sales of American and Canadian apple in England after Novem ber 14 twill be restricted by an embargo fixing the pncee in the united Kingdom at not more than iS. 37 for a neck weighing not less than 87 pounds, and $5.87 aa the minimum for a package of not less than 40 pounds, according to M. L. Dean, horticultural chief of .the de partment of acricuultnrs. . ' .. .. Kami Stores Market . New York, Not. 5. (I. N. S.) Turpen tine Savannah,. 128: New York, 129. Boain Savannah, 1150, New York, 1295. Stock High. Low. Bid. Alaska Gold I 1 1 l" Alaska Juneau 1 A Ilia-Chalmers ......... 82 82 82 Am. Beet Sugar 72 71 71 Am. Can. Co. 82 80 80 Am. Car. a. Fdy. 18$ 182 132 Am. Cotton Oil 24 Am. Drug. Synd. ................. Am. Express .......... ..... ..... 134 Am. Hide at Leather... 9 Am, IntL Corp 70 68 8 Am. Linseed 66 Am. Locomotive 96 94 94 Am. Smelter 58 58 68: Am. Snuff 105 AnkSteelFdy 87 87 87 Am, Sugar 103 102 102 Am. Sumatra 83 81 82 Am. TeL ec Tel 100 100 100 Am. Tobacco 126 126 126 Am. Wool 69 ,67 67 Am. Zinc 9. Anaconda 50 60 60 Associated Oil 114 113 118 Atchison 90 K 89 89 Atlantic Coast Line 99 97 97 Aa. Golf A. W. I...... 136 132 132 Baldwin Loco 118 111 111 Baltimore Ohio.. 47 46 46 Beth. Motors 4 4 4 Booth Fish 5 a B. T 15 14 14 Butte C. A 2 12 Caddo Oil 18 Canadian Pacific ...... 12T 125 125 Central Leather 89 39 89 Chicago A N. W 84 83 83 Chicago Gt, Western 11 11 11 Chili Copper 13 13 13 Chino , 25 24 25 C M. St. Paul .......... 44 43 43 C. St 0 70 68 68 Colorado Fuel A Iron 32 32 82 Colorado Southern 83 Colorado Gaa A Electric.. 69 58 57 Con. Gas 89 88 88 Corn Products. 81 80 80 eosden Oil 37 87 87 C R. L A P... 88 87 87 Crucible 118 114 115 Dome Mines 13 12 . 12 Denver Jc Bio Grande.... 2 1 1 Erie 19 18 19 Fed. Mining A Smelt 9 Gaston Wms : 5 4 4 General Cigars 61 61 , 61 General Electric 139 139 138 General Motor 16 16 16 Granby . 26 Great Nor. Ore 34 83 33 Greene Cananee 26 Flask Barker ........... 66 65 64 Houston Oil 104 103 103 t Illinois Central ....... 93 93 93 Inspiration 43 42 42 Interbora 0 B 6 Interstate Callahan ..... 7 7 7 Int. Herr 104 101 101 Int. Mere. Marine 16 16 16 Int. Nickel .. 17 17 17 Int. Paper ............ 69 68 68 Invincible Oil 82 81 81. Island Oil ., 6 5 5 K. C. Southern 25 24 25 " Lack Steel 63 60 61', Lehigh Valley 55 64 54 L. eV N 107 Mexican Petroleum 190 186 187 Miami 19 19 19 Middle States Oil ....... 14 13 13 Midvsle Steel 38 87 37 Missouri, Ksnsss as Texas. 4 4 4 Missouri Pacific , 27 26 26 Montgomery-Ward 21 National ' Enamel 56 National Lead 73 Nevada Con 11 11 11 New Haven 224 222 222 Norfolk & W .. 1102 100 1100 Northern Pacific 95 92 92 N. Y. Central 84 82 82 Okla. Prod. ref. 4 3 8 Ontario A W 23 28 23 Pacific Dot. 21 Pao. Gaa A Elec 53 53 63 Pennsylvania 43 43 48 Peoples Gsa 42 41 41 Philadelphia Co 46 89 89 Pure Oil 46 89 89 Pierce Ofl 14 14 14 Ray Cons. , . 14 14 14 Reading 102 99 100 Replogle Steel 76 75 75 Republic I. & 8 76 74 75 Royal Dutch Oil 74 72 78 Ry. Steel Spring.... 4 Shattuck, Aria. 7 7 T Sinclair 31 81 81 Sou. Pacific ........... 116 118 113 Sou. Railway 80 29 29 St L. A S. F. 80 29 29 Studebsker . 67 56 66 Swift A Co. i . 103 Tenn. Cop. k. Cbem .. 91 9 9 Texas Oil .... .v ...... . 61 49 49 Texas Pacific 25 21 23 Tex. Pacific C. A O..... 82 , 80 80 Tub. Products 65 64 65 Trans. ContL Oil., 18 12 12 Union Oil Del. 28 28 28 Union Pacific ......... 128 127 127 United States Bobber.... 71 70 70 United States Smelting... 63 53 52' United State Steel ..... 87 86 .86 Utah Copper ........... 80 69 69 Virginia Chemical ...... . 54 62 62 Vanadium Steel 58 56 66 Wabash - 11 11 11 W ells-Far o ........... 66 65 53 Western Pacific 87 Western Union ... 89 88 88 Westioghoase Elec AM.. 47 47 46 White Motors 144 42 42 WlUysOverland 10 9 J9 Hoes. Cattle. Calve. . 835 85 2 , 839 144 7 8SS - .. 403 18 8j . 810 - 192 48 , 922 881 4 .1392 201 12 .1654 286 j 162 188 673 183 23 1612 156 626 Friday ...... Week ago .... Two weeks ago Four weeks sg Year ago .... Two years ago Three years ago Four yean ago Only five loads of -'livestock entered the North Portland yards for the Friday trade.: Hogs were a quarter higher, while cattle an sheep were considered steady. Forecasts of The Journal Market Depart ment that the price of hogs here was too low snd that an advance would be forced, was eon- firmed during the Fridsy trade when carload. lota were moved at $14.50. an advance of 26c above tbe recent top. There has been apparently not the slightest excuse for the previous low price here aside from the hope of packers to grab greater profits. They have not reduced the price of their com modities gt all to conform to the lowered price of hogs, therefore, the advance ia live hogs should hare no immediate effect upon the price os nor- products. General how marks nan: Prime mixed .$14 00 14.50 Smooth heavy 13.50 14.00 Rough heavy 10.00 012.50 Fat pigs 12.00 013.00 Feeder pigs 11.00 013.00 Cattle Held Steady Only' 6 eery email run of 85 head was shown In : the North Portland cattle alley for the Friday trade. General trade eonditioni tinned about steady at the previous range. General cattle range: Choice steers .......$ 8.75 0 9 50 ..... T.750 8.75 ..... 6.750 7.75 ..... 6.250 6.75 S.60 0 6.25 6.50 0 6.50 6.600 7.00 4.600 6.50 8.60 0 4.50 2.50 0 3.50 6.00 0 6.00 1800 015.00 7.00 0 9.00 11.00 018.00 9.00 011.00 7.00 0 7.50 6.00 0 7.00 Good to choice steer Medium to good teer. ....... Fair to good steers .......... Common to. fair steers ...... Good to choice cows and heifers Choice cow and heifers. ..... Medium to good cows and heifers Fair to medium cows and heifers Canners ................... Bulls Choice dairy calves.......... Heavy calves Beat tight calve . , Medium light calve Best feeders Fair to good feeders ........ Sheas) Situation Same No change waa made in ahem and faunb price at North Portland Friday. The day's run was small and former prices generally 1 prevailed here. General sheep snd lamb ranger East of mountain Iambs. ........ $9.00 0 9.50 Willamette valley lamb 8.00 0 8.60 Feeder lambs 8.00 0 8.50 Coll lambs 5.00 06.00 Yearling 6.0007.60 Wethers 6.00 0 6.50 Ewes 2.60 0 5.76 Thursday Afternoon sales STEERS New York-London Sliver New York, Not. 5. ( L N. 8. ) -Commercial bar silver waa quoted aa follow: Domestic, unchanged at 99 c; foreign, e lower at 82c . London BarsUver was d lower today at 63L 1 Dried Fruit and Beans New ! York, Nor. 5. (L N. 8.) Beans Market weak; marrow choice, $9.25; pea choice, $5.5006.00. Dried fruits Market, 1920. Apricots, extra ohoioe to fancy, 30 0 86c; apples, evaporated, prime to fancy, 8013c: prunes, 80s to 60s, 17 023e: prunes, 60s to 100s, 1101e; peeehes, extra choice to fancy, 18021e; seeded raisins, choice to fancy, 23 025c, . iKw Tork Potato Market New York, Not. B. (L N. 8.) Potatoes fin bulk, barrel or bag) Market firm; nearby white, $2.75 04.60; Southerns, $2.5003.26. Money ahd Exchange New 'York, Nov. 8. (L N. 8) Call money on the floor of the New Tork Stock exchange to Cay ruled at 9 per cent; high, 10 per cent; kiw, 9 per cent - Time money waa quiet. Rates were S pee cent. rne market for prime mercantile paper eieaay. 1 Mterlfng exchange was weak with boain ess in err bills at $3.89 for demand. -, No. At. Lha. Price. I No. At. Lb. Price. 2 735 $ .6.60 1 1....1120 $ 7.60 4.... 872 6.00 I 2. ...1055 6.50 1....1070 6.25 j 2.... 980 7.00 28. ...1044 7.35 1 8... .1069 7.10 8. ...1310 '7.85 1 8.... 1123 7.85 COWS ' ' I'-. 1.... 850 $ 4.00 I 1.... 740 $ 8.00 8.... 791 6.90 4.... 877 6.60 1.... 930 8.60 1.... 880 8 50 2.... 705 3.50 2.... 850 8.00 1.... 630 8.00 1....1290 6.60 4....S40 e.25 1....1220 4.75 1.... 980 8.25 1.... 670 6.00 8. ...1183 8.50- 27. ...1176 6.75 23. ...1108 6.00 4. ...1037 6.00 7.,.. 717 2.60 8.... 800 ,5.25 CALVES 18.... 247 $ 9.00 I 1.... 260 $ 8 00 BULLS '1.... 980 $ 5.25 I 8. ...453 $ 6.00 1....1060 6.26 j ". HOGS ' j B'.;.. 264 $14.50 4.... 222 $14.50 8.... 190 14.60 8.... 201 14.50 1.... 270 14.25 9 260 14.00 15.,.. 216 14.25 4.... 420 12.25 LAMBS 8.... 83 $ B.2B I EWES ... 142 $ 5.00 I Friday Morning Sales COWS At. Lbs. Price. I No. 8.. .. 791 $ 6.10 I LAMBS 161.... 80 8.60 I HOGS 145. No. Total sales, aonds, $18,243,000. Ex-div. 1 per cent. tET-diT. 1 per cent. Sw Yerk Bond Market Fumisbed y Overbeck tt Cooke Co., Board 01 j-raae Duiiaing: Atchison GenL 4 ..... BaL A Ohio Gold 4s . . . lieth. Steel Ref. 6a . . .. Cent. Pacific 1st 4a... C, B. It Q. Cot 4a ... . St. Paul Genl. 4s ... Chicago N-W. Genl. 4s .. U N. Uni. 4s ....... New York Ry. 6s Northern Pac P. L. 4.. Keaoing GenL 4a .. Union Pac 1st 4a . TJ. a Steel 6a Union pac. 1st Ref. 5 ...... . Southern Pac Conv, 6 ...... Southern Pac Conv. 4a...... Pean. Coot. 4 ; Penv 1st 4s Ches. A Ohio Cone. Ss ..... Or. Short Line 4a Bid. Aak. 77 77 78 74 80 81 84 84 96 96 77 77 77 82 82 27 28 78 78 85 86 80 ,81 93 94 ' 76 77 116 117 78 78 89 89 83: 84 87 87 82 .83 Foreign Exchange Market ' V New Tork. Not. 8. (TT. P.) Foreign ex change opened lower. Sterling, $3.41, up e; francs, .0605, off .0005; lire, .0364, off ,0004; marks, ' .0123, off .0001; Canadian dollars, . .9060, unchanged. - ' Lire dropped to a sew low for the year and sterling waa set back to $8.89 in afternoon trading. PACIFIC COAST BAKK -STATEMENT Portland Banks Clearing! This Week. Year Aew. "-IMonday ....$ 8,165.078.89 $ 8,503.463.88 sswss - San Franrlsee Grata Market - San Francisco, Not. 8. ( fj. P. 1 Barley new feed (per cental) $2.10 02.20; ship ping. $2.25 02.85, . Saa Fra-aclseo Poultry Market San Franciace, Nor. B- (U. P.) Broilers, 27 0 80c U'e h,D' ' w 37c; beat ducks. . Chicago PoUto Market Chicago. Not. 6 II. N. S t PntatuM j Reeeipu 65 cars. Northern White. $2.26 0 110 . .. . . Holiday- 8.594. 167.08 6,788.109.92 7.083.744.88 4.829,119.88 6.986.826.71 6.386,808.92 Tuesday . . . Wednesday Thursday . Friday . . . ' Spokane Banks . Clekrinci Friday I Baiancea Friday ............ - Taeema ttanke Clearings Friday .......... ,$ Balance Friday.. . , - Seattle $tankg " Clearings Friday .......... ..$ 6.706.805.00 Balances Friday 1.419,619.00 r $M Franclsee Sank Clearings Friday t . $29,800,000.00 Lee Angel et , .-. -- . Clearings Friday .......... .$14,000,496.97 2.948,839.00 1.526.832.00 785.842.00 1S7.414.00 9 8 ': a e - 10.,.. a . , . . 224 814.25 161 1S.73 270 12.60 835 18.00 196 14.50 10. 6. 7. 8. At. Lbs. Price. 194 $14.50 156 14.50 145 14.50 376 12.50 AMERICAN LIVESTOCK; PRICES Chleaae .Hens 914.S0 Chicago. Not. 6 (L N. S.) Hod Re- cetpts 17.000; active to loc higher. Bulk, 13.BO 14.80 : top. $14.60: heavyweight, $13.85014.40: medium' weight. $14,000 14.40: light weight. $13.65 014.40: light lights, $13.65 014.20; heavy packing sows. rough, $12.75 013.40; packing sows, rough. 12.7b 013.00; pigt. 81S.76 01D.OO. Cattle Recelots 7000: alow tn lower. Bees' Steers Choice and prime. $16.25 017.60 light weight. $13.75 017.26: good and choice. 1B.75 0 17.Z5; common and medium, $8,25 0 ls.za. Butcher cattle Heifers. $6.00013.00 cows, $5.25 011.25; bulls, $5.50 07,50. Can ners and cutters Cows snd heifers. 1 $3.60 0 6.25; canner steer, $4.50 06.25; veal calves light and nannyweignt) , $18,000 15.O0; feed er ateers, $7.75 012.00; stocker steers, $5.00 0 9.00; stocker cows and betters, $5.00 0 7.75 Western range cattle Beef steers, 1 $9.25 0 19.75; cows snd heifers, $6.00 0 9.75. Sheep Receipts 18,000, 25c lower; lamb IM IK, down) , S11.OO018.OO; culls snd common, 9.V0 010.50; spring lambs, $9,50 0 ii. 10; yeaning wetnera. aa. 00 7.00: $3.00 0 5.00; ewes, culls and common. $5.75 ey B.20 ; nreeamg ewee. .d &.&, Omaha Hoes S18.SO Omaha. Nor. 6. (L N. 8.) Hon 2600 generally 10c to 16c lower. Bulk, $13,00 0 is.za; top, eiB.au. Cattle 2100. generally steady; feeders, $12.25. - . Sheen 8000. alow to 25c lower: arr ton iea ism as, ei.uo; yearlings, sv.zo. ; - Oenar Hog $1430 - -. jj Denver. Cote.. Not. 6. (TJ. P.i Cattl- Receipts. 1200; lower. Steers. $8.50010.75 cows snd heifer. $6.60 0 7.75; stocker and feeders, $7.60 0 9.50: calve, $10.00 018.00 Hog Receipt, zw; steady. Top, $14.50 BttlK, $12.20 014.UV. Sheep Receipts, 7500: slow, $11.00 012.00. Kansas City Hess 91S.70 Kansas City, Not. 6. (L N. 8.) Cattle ReceiDta. 8000: alow. Steers. 18.50 015.00 cows and heifer, $7.00 0 13.00; stocker and leeaers, - SB.UU J 1Z.OU; calves, $18,000 14.60. Hog Receipts, 8500; light. Bulk, $18.00 (wis.ou; top, ib.7v; neanea, $18,000 17.00; hghts, $12.90 013.65; mediums. 81B.UU 0 IB. 00. Sheep Receipts. .2500; dnIL $12.60 018.00; ewes. $6.00 07.26. Lambs. Liberty Bond Market (Famished by Overbeck it Cooke Co.) High. Low. Close. TJberty, S 9500 '9470 9490 Liberty, 1st 4s.... .... 8970 Liberty, 2d 4s 8880 8840 8840 Liberty. 1st 4 . ... . . . 9070 8990 9000 Liberty, 2d 4s. 8854 8840 8840 Liberty, 8d 4s 9058 9046 9050 Liberty, 4th 4a...... 8886 8870 8870 Victory, 44. 9628 9622 9628 Victory, 8s M20 this this Big Potato Yield Sea ride. Nor. 3. The potato crop in put of the country is exceedingly toed year. 1 The stock is of nnosual aiae. John Vet- mar who own a small farm up the Neeenieum. planted an eighth of an acre in spuds and re cently dug 60 sack off of this small apace, dis posing ei uem at $z.uv a sack. "New Tork Mtsd -Market - New York, Nov. 8. Copper Quiet: spot, Nor.. Dec. Jan. and Feb.. offered. 16. Lead Dull; spot, offered, 6.80; Nov., Dec ana .is, oiiereo, oit. Boeltev Quiet : soot snd Mo.. attmrmA ( M use sou 4sa., ouereu. 1. NDUSTRIALS ON MARKET WEAKEN By Broadan WalL t New York. Nov. 4.- Thursday's stock market was a repetition of Wednesday's session, the rails showing-strength and activity while the industrials were subjected to addi tional pressure and in some Instances touched new low levels for this movement. Railroad Vissues moved Into new high territory and in many instances touched new high prices for the year. Net gains in the railroad department ranged from to nearly 6 points. Northern Pacific being the leader and replacing Southern Pacific aa the favorite. v The strength of the rails had a svmna- thetic effect on the shares of the equip ment companies which, of course, will benefit by reason of the expected pros perity zor tne transportation companies. Business was on an unusually heavy scale with more than a million shares changing hands. Vp to the late after noon rails made most Impressive gains. In the latter part of the session it was only natural for profit taking to appear and this caused fair recessions . from the best quotations for the day. The rail road group however closed strong ut the undertone in the industrial depart ment was heavy owing to persistent of ferings of the steel and motor shares, "Segregation" is the word which, Is heard in many parts of the district. It was applied b Northern Pacific today and resulted In a buying movement in that issue which suroassed that 1 In Southern Pacific, although the latter early in the day made a high price which was over 18 points abova the level from which the rise started on Monday. j FOREIGN EXCHANGE BATES ; Corrected dally by the foreign exchange de partment of the United States National bank. Opening nominal rates on bank transactions: Draft. . Cable Tar i London Checks. Transfers, Value. Lbs. aterling.$ 3.41 $ 8.42 $ 4.866 .r ens 'w rancs. , a. 0 1 Hamburg-Bremen Marks Genoa Lira.... Athens -Drachma . , , Kopenhagen Kroner. .... Christianise Kroner. .... Stockholm Kroner. . ... Hongkong Currency .... Japan Yen... , Shanghai Taeln. ...... . 1 23 8.52 9.10. 13.85 18.80 19.05 a 70.80 60.75 .94 6.02 1.28 3.54 9.20 13.45 13.40 19.16 71.00 61.00 19.80 28.8t 19.80 19.80 26.79 16.79 26.70 48.'84 .94 9) With; Safety SHORT TERM NOTES furnished by Clark, Kendall. A We offer subject to prior sale and change in price' The Unsold Portion . j General Obligation 6 Gold Notes CITY OF EDMONTON Province of Alberta . i Dated September 1. 1920. Due September 1. 192 J. Price 95.04, Yield 9 Exempt From All Dominion Government Tax PRICES SUBJECT TO INCREASE WITHOUT NOTICE DENOMINATIONS $169, $699 AND $1900 The high character of this Investment Js shown by the fact that we have sold blocks of this issue to 20S Banks. Trust Companies and Bond Houses in Oregon, Washington and California. FINANCIAL STATEMENT .......... ..... . .. ....I81605.71S.00 (not including, publio 11,035.376.00 Gross assessed valuation.. Value municipal property utilities) Net debenture debt .a........... 1.488.997.00 Revenue from public utilities (above coat of operaUoi) ' 767.773.00 Net local improvement debt (rate payers' share) . . 1046.73.00 In addition to being General Obligation Notes, these are secured by long-time de bentures totaling $2 JS94, 420. Principal and semi-annual interest (March 1st and Septem ber 1st) payable in Gold Coin of the United States In New York City, and at the offices of Morris Brothers, Inc Legality approved by Malone. Malone A Long,. Toronto." Telephone or telegraph orders at our expense MORRIS BROTHERS, Inc. "The Premier Maaielpal Bond Hoaee, Established PORTLAND, OR. MORBIS BLDO. Capital Over a 99-ll STARK. BDWT. Iltl One Quarter jf Other Of flees at Seattle, Taeoma, i Million Ceatary I vWash aad Saa Franclseo, CaL ; Dollars SAFE DEPOSIT BOXESJ- PROFIT by the Premium on American Dollars in Foreign Markets A Gain of Approximately 191 on Your Investment May Be Realized by Purchasing KINGDOM OF NORWAY 3 External Sterling Conversion Bonds Dated 1888 Redeemable not later than 1963 . These bonds may be registered. Principal and interest payable in sterling in London or in New York. These bonds are a direct general . external obligation of the Kingdom of Norway, whose faith and credit are pledged for the payment of the loan. : ' The thrifty character of the Norwegian people, their excellent record for meeting their, 6bligations promptly, and the conservative financial policy of their government, justify the higncredit standing of the nation. --, assjgaawXtsawsasm PRICE $1675.00 per 1000 ($4,866.66 at par of exchange) . 837.50 per . 500 ( 2,433.33 at ipar of exchange) 167.50 per 100 ( 486.66 at par of exchange) BuyingJ these bonds at the above prices practically amounts to buying a pound sterling at $1,675 with the added advantage that even at the present low price of English money your investment will return you between 6 and 7& in addition to the profit that you will realize when your bonds are paid 'at maturity. We recommend these bonds, as a safe and conserva ,. tive investment 0- j . Descriptive circulars furnished on application pevepoaux R(dmpany INVESTMENT BONDS . . ' 87 Sixth Street ' Broadway 1042 Wells Fargo Building, Portland, Or. ; QaMstiooa e i . Security . v Maturity Am. Cot Oft 6.... O-a-24 Am. T, Jt T. 6. ....10-1-23 Am. T. T. 6s, . , 2-1-24 Am. Thread 6s, . , , , .12-1-28 Am. Tobacco 7a. ....11-1-20 Am. Tob. 7a........ 11-1.-21 Am. Tob. 7a ..11-1-22 Am) Ton. 7a. ... ... .11-1-28 Anglo. Am. OU 7s... 4-1-23 Armour Conv, 7. .. .7-1.1-80 Belgian tlov.- 7 Ha. k, 6-1-45 Belgian fJov. 6.,.., 1-1-21 Belgian Gov. 6a, .... 1-1-25 BethL Steel 7s. .... .7-15-22 Bethl. Steel 7s. .... ,7-15-23 British Gov. 5 Hs. .. 1 1-1-21 British Gov. S H s. . .11-1-22 Canadian Got. 5V4.. 8-1-21 Canadian Got. 6 Ha.. 8-1-29 Cudahy racking 7s. . 7-15-23 Inter. R. t. 7s...... 9-1-21 Japanese Gov. 4 Ha, .7-10-25 Kennecott Con, 7... 2-1-80 Us. Myers fob. 6s., 12-1-21 Moline Plow 7a...,. 9-1-21 Uoline Plow 7 B-l-22 Moline Plow 7 . . , 9-1-23 Uoline Plow 7 9-1-24 Nor. Pao. Equip. 7s. 6-13-22 Pac Gas 7s 6-1-25 Swift A Co. 6 8-1S-21 U. S. Rubber 7s. .12x1-23 Bid 91 H 95 92 T 94 H 99 et 99 H 10O 974 100 99 01 t 98 JPH 98 H 94 H 94 93 98 . 74 .74 93 ftH 98 9.1 94 93 99 Vk 87 ,97 H" 98 H Asked 92 H , 95 s oa 4 96 100H lot) h 100H 100 loo h 97 S 100 H 004 04 98 97 984 95 H 99 98 H 9H 744 74 H 98 H 9814 t e s 97 H 6 High-Grade hwk (o yield about , (5.35to7.51 Income Tax Exempt Maturity Prioa VMS :pU 1, 1922, 97.60... .....7.61 1923 " " ........7.00 - 1924 - " ...... . .6.75 1925 " " ...... .6.62 1926 - - ........6.53 - 1927 " " ...14$ " 1928 - " 6.41 " 1929 " " ........6.18 " 1930 " ........136 Casper, Wyo., 6s . i . .Cash or partial payment plan." Aslt for details: 'Call or phone. Wire orders collect. HctemwarrtRM bank block II The Period of Low Bond Prices Is Ending , And we advise our clients to purchase such splendid bonds as these at the pres ent low price levels. Province) of . ONTARIO 3 Year 6 Gold Bonds Den.-$1000 Price 96.6871 nr" .y 1 1 : . M io iiem (j 4V Gold Bonds Due June, 1933 s CITV OF VANCOUVER, B.C. Price 75.85, Yield 7Vz BtinkmeoilrdCQ BROADWAY snd OAK til Another Word About Taxes npOO much stress can - not be laid upon the . Importance of protecting" yourselves, as business property owners against the certain increase In taxes." One way 'to provide the where-with-all to meet increasing taxes 1$ by ; increasing efficiency and economy in operation. That is where we. as managers and , develop ers of business property can neip you. Stocks, Beads, Cotton, Orals, Etc. Ill 117 Board of Trade BsUdlsg Oyerbeck&CookeCo. DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chlea-o Board ef Trade ' Correspondeatg ef lroaaa Brjaa -CtlcatQ r 3T9W Tork . i r