SATURDAY. NOVEMBER 13. 1920. - - Y
14
GOVERNMENT TO BE. ASKED TO PROBE FRONT STREET
INDUSTRIAL DEPRESSION INFLUENCES STOCK MARKET
THE OREGON DAILY JOU RNAL. PORTLAND. OREGON
j
BUTTER RISE FOR
MONDAY IS SURE
It was finally decided to advance the
pries of bitter nd btterf at Id Port
land te a poesd Monday morning with
' beat batter In plain wrapper. 69 cents
and bent bntterfat, Portland delivery.
4 cents a ponnd. j j
It hat been definitely act tied that the
price of butter will: be advanced in
Portland Monday morning as reported j
by The Journal In a previous issue.
J'uget Sound prices have already made
such a movement, j, ,
Locally the situation In the butter trde nas
been tron for m dsys as f.r as It pertain, to
the extra quality, i There ha. been a general
shortage of first clam butter here and those
that have put out that quality have not experi
enced any difficulty whstever In cleaning up at
the higher price.. Thoee. that wr. unable to
secant thi. price were reported a. rmttlna out
Inferior butter under the beat brand.. There
wes also talk that some cold storage .tock has
been wed In place of fresh stock, but this is
contrary to the law and recent curt dif fwttl
tles would at least make the, trad, be careful in
thi regard, i
.The trad. "In the) Smith! ha. a very ood tdne
during the last lew day.. 1 i
Those desiring special : information 'regarding
any market, .hould write i Hyman H. Cohen,
-market editor Oregon Journal, enclosing .tamp
for. reply. -
EOO MARKET SHOWING STRENGTH
Strength continue, general In the local eeg
trade, but price, were unchanged. Freeh stock
! eitreroely scarce and sellers are able to
command quoted figure, with eaae.
TUKKET RALE8 ARE MADE HIGH
Kale, of dressed tnrkey. were made gener
ally In the Front street trade during the 24
hour around 60e a pound for best quality, al
though a few .elected birds went up- to 52c a
pound. j .
CHICKEX TRADE HOLDS STRONG
Trade in the cbk-ken market ta holding strong
along the street and a general cleanup of offer
ing. wa ahown at the price, quoted by The
Journal. Ifesvy hens and light spring, con
tinue in beat request, i
New Tork Soirar and Coffee
New Tork. Nor. lSi (U." P.) Sugar
Weaker: raw, dull, (8.51; retined, dull; granu
lated. (10.O0l0.5O. i 1 .
Coffee No. 7 Rio. wot, 7 c; No. .4 San
tos. 10 11 He
MARK SHIPMENTa
TO
FOR -HIGHEST
PRICES
PROMPT PAY
Write for Price.
!
DAIRY BUTTER
j CREAM EQOS
PORTLAND, Oft
WE PAY CASH
For Poultry, Butter and Eggs, le per lb. on
rlog. and VeaL 5 per cent communion on com
and other farm product.. ;
CAPONS Write ua regarding Capora. Top
price, guaranteed. . Ask fur Shipping Tags.
CRESCENT MARKET
144 FIRST STREET ..! REF. TATE BANK
Ship us or write fdr prices on Eggs,
Veal, Hogs, Potatoes, etc. Let us
auote vou rrtees fori groceries- Call
or send us a list of what you want.
We can save you money.
OMEN VAN SCHOONHQVEN
193-195 2nd. Cor. Taylor,' Portland
Veali Hogs and Poultry
Will bring top prices when shipped to us.
Ask Your Neighbors About Us.
Write for Quotations and Tags
BOLLAM &; CO.
K8- FBOlf T ST. PORTLAND, OB.
HIDES, PELTS, WOOL
Cascara Bark, Metals,' Robbers
Write for prices and shipping tags.
L. SHANK & CO.
Ill Frost Street, Portlasd, Orcgo
w
Writ for
SMaTafiaaarticetist
tin i iv mi Mine x, wont no
I TTiW 144 Freat 8L
IMMTW PrUa
ISSUE NO. 63
We Want More Veal
-
WE RECEIVED THE FOLLOWING
- TURKEYS 484 for choice birds. Mar
HEAVY HENS Demand
good' .30 to 31
LIGHT HEN8--Demand -
good ...4 Ui..j...22 to. 23a
HEAVY SPRINGS.. i2-a to 2Fl5
- "w
UfBlTd lis .Ik AII Uaus. ..
O.r seuiag Ckarge-le LluTiry, V-HTg.Ti: D'set., E.
Sheridan-Beckley Co., Inc.
iil FRUITS AND PRODUCE
Phone Main 7922 211 Washington St.
j Reference: HIBERNIA SAVINaa BSMIC
aa,,. ana- r.,m .raw aecl.tlen, ThM hlp l"ol? "u Tt? L. YmM o 0uf
THANKSGIVING TURKEYS
SHIP LIVE TURKEYS, DUCKS, GEESE AND CHICKENS AT ONCE
IMJ?5TAcr7Sahip ded TURKEYS. DUCKS, GEESE
and CHICKENS to arrive m Portland Nov, 20th to 23d in.
elusive. : .',VV-
Speculate on your own goods don't let others, as prices
hi will be high. P .
H0GJACKBABlFTT8!?eOUiJn E.G0 DAIRY BUTTER, HIDES,
JALaBABBITs, S-Z wB,.d. " . "Write foiTosr
a Banksglvlna; elrenlar. ,
GULLICKSON & CO.
10t FRONT ST. j Est, 1(18. PORTLAND, OREGON
When you ship your Dressed Hogs and Veal,
Poultry, Eggs and Hides to us you can depend
upon market price less 5 for selling.
We are strictly a Farmers' organization and
want your shipments. Write for quotations and
shipping tags. v
TRI-STATE TERMINAL COMPANY
Fourth and Couch Streets, Portland, Or.
tMARJCET
BASKET
RETAIL PRKXf ;
By Hyman H. Cohen
Butter prices will be) advanced Mon
day morning and consumers can save-a
few cents if they purchase todaySat
urday. Such a movement of prices has been
expected for several days and consum
ers who fall to save have only them
selves to blame, as they have the tip
as quickly as retailers. " .
The first "spring" Chinook salmon of
the season bas arrived in Portland, sev
eral days earlier than ever , before
known. . It was on display at the retail
shop of the American market and at
tracted considerable attention. It was
caught In the Columbia and is selling
retail at 50c a pound. Royal Chinook
is in a class by itself but other salmon
is selling in the retail shops at from
15 to 25c-a pound generally, according to
quality. ' " . , . 1
Better buy a (box of apples at this
time as the price is unusualljrtavorable
to consumers and the quality is good.
The small sizes are very low-. In price
and are Just ithe right else for the chil
dren. ' .
The following price, ruled generally . in retail
.hope for cood quality. Home value are frac
tionally higher . and inferior stuff fractionally
lower; i .
Butter Best creamery, 0 63e.
Eggs Freah laid, 906 dozen; ordinary fresh,
75p85e per dosen.
Poultry Chicken., dressed, 40 50e per lb.
Fish Salmon, 1580p lb.; halibut. SO
35c per lb.
Flour Best local patent, 12.95 3.25 per
sack. 49 lbs. t
Potatoes Burbanks, 2 He.
Onions Oregon, 2 tie. j
Export Talk Is
Cause of Advance
In Chicago Wheat
Chicago. Nov. 13. (I. N. S.) Grain
markets closed heavy. Wheat malntafned
part of Its early gains, but weakened
late in the session sin sympathy with
corn, which was under considerable sell
ing pressure. Provisions closed strong.
Resting price for December wheat
were at gains of 2c to 2ViC and March
lc higher. December corn closed steady,
May unchanged to 'Ac lower and oats
C higher. , December oats dropped c
to c and May He.
Chicago, Not. 18. (I. N. Talk of con
siderable export business developed oyernight
inspired buying in the wheat market at the
onenine today and nrire. were sharply higher.
1 December was l"4c to 4 Me higher, while
March gained e to 2e orer the pre nous
close.
Trade in eorn was rather featnrelesa and the
advance was made rhiefly tn sympathy with the
strong turn in wheat December was e to
1 H e higher, while May was H c lower to
1 c higher.
Iecember oats o;ened He to He higher and
May He up. There was general buying and
a lack of offerings.
Provisions started strong in sympathy with
the trains, t
Chicago range by United Pres.:
December .
March . . .
December .
May , ; .
December .
May ,
December' .
May
December .
May ... .
182 183U
4T2M 173
CORN
'75 75
80 80
OATS
48 49 '4
53 Vs 64
RTE
156 157
141H 142
BARLEY
4 84 Vs
80 86
PORK
178.
170
74
79
47
63 ;
154
140
81
84
295
-1885
1560
180
170
74
79
47
53
156
140
82B
84A
2350
2430
1885
1572
November ...Nominal ....
January ...... 2395 2450
WRI
November ..;.1890 1900
January 1665 1582
RIBS
November . .Nominal. ....
January 1327 1337
1375
1327
1327
, Cash wheat No. 2 hard. (1.86 1.86 V.
: Cash barley. 81c(1.0M.
' Claims Potato Record
Eugene, Nov, 13. J.. N. Mills, a farmer liv
ing a few miles east of Eugene on the Willam
ette, thinks he haa six acres of the biggest po
tatoes to be found in Oregon. They are of the
Lite Elephant variety and. ha believes they
will run 200 bushels to the acre. Some speci
mens recently brought in weighed aa high as
tnree and one half pounds.
$3000 Clover Hulled
Cornelius, - Or.. Nov. IS: Tha last few days
of dry windy weather baa made it possible for
farmers in this vicinity to save their clover
seed. Although tha straw was in a decayed con
dition tha amount of seed saved will be about
(3000. ,Some farmers abandoned their clover
seed crops.
Chicago Dairy Prottsee
Chicago Nov. 13. (I. N. 8.) Butter Re
ceinta, 4315 tubs. Creamery, extras, 62c; extra
firsts. 69c; first. 47 060c; packing stocks, 25
82e per lb.
a neceipia, suaa ease. Miscellaneous
receipts. 69 e 61e; ordinary firsts, 67 68c;
f:nrt, 70 0 7,1c; extras, 85 43c; checks,
40 47ft ner dozen.
Liv. Poultry Turkeys. 38c; chickens, 21e;
springs, 25 c; roosters. 20c; geese; 25c; ducks.
18e oer lb. .
SAT., NOV. 1 3, 1920
Pnnltpv onr U.
y j uiiu iiuks
PRICES DURING THE WEEK:
hwht SPRINGS..... 28 to 30a
HOGS FANCY BLOCK.
EBS 21 to 21H
VEALFAJTCT .10 to 20t
EGGS Firm. "UC
DAIRY BUTTER Nominal.
gj w a j as 4VII1UI,
i
FREEZEOU I GAM
BEING
ma
Some of the larger wholesale produce
firms of Portland are likely to- find
themselves running Info the Federal
Trade commission as a result of charges
of unfair business practices that oc
casionally creep upialong the wholesale
way. . ' .
There are several of the large firms with
branch bouse in other place, who insist upon
ruling or ruining he trade here. Their losses
in Portland are easily made up in other citie.
where they have branches, a condition which
is considered unfair, and on that . may give
them a chance to explain matter, to Cncle Sam.
- The latest outburst in the freeze-ont game
along the street i. in the lettuce market. While
the smaller dealers outside the association
had no lettuce to sell, the big fellows charged
the trade op to (5.50 6.00 per crate, and
the regular price went around 14.25 4.50.
The former sales, therefore. Indicate an enor
mous profit!
Now at a secret meeting of some of the
big firms it ha. been decided to sell lettuce
at- 42.60 a crate or even lower, while this
stock cost 2.91 to land here without a cent
of expense for handling charged against it.
At the same time it was decided to sell sweet
potatoes at S3. SO per 100 pounds, aa compared
with the actual cost of landing this stock in
carload lota at $3.08.
It is only a coincidence that one of the
smaller firms outside of the association received
a carload of this stock on the very day that
the big fellows met to put their price, below
the cost of buying. -
To some it would look as if the big interests
were trying to lower the cost of Urine. Such
is not the case. They beat down these price,
only to freeze out the ma Her . dealers, and
when these are out of the way the .public pays
a handsome profit on what it requires.
WHOLESALE PRICES IN PORTLAND
These are price, retailers pay wholesalers, ex
cept .as otherwise noted:
Dfclry Products
BUTTER Selling price, box lota: Cream
ery, extras, parchment wrapped, 56e per lb.
Jobbing price.: Cubes, extras. Sic lb.; dairy,
buying price, 35c per lb.
BUTTERFAT" Portland delivery, basis, one
A grade; 62c B grade; country station. 48 0
file oer lb.
t'HEESK Helline tirtre: -Trflamook.i fresh
Oregon far.cy trrpletts. 82c per ft. : Tonne Aster- j
less. 33c lb. Price, to Jobbers, t. o. b. Tilla
mook: Triplets. 29c; Young Americas, 80c
belling price: Block Swiss. 48 4 He; llmburgcr,
40(42c per- lb.
EtiGS Buying price: Current receipts, 706
per doe.; candled, selling price, 78c; select. -bOc
per dosen.
LIVE 1-OULTRT SeDing price: Heavy bens.
80c per pound; light bens. 22c per pound;
pring, light, 2830c; heavy, 24 25c; old
roosters, 12a i4o per lb. ; turkeys, live. S5e;
drexaed, 45(aSUc: ducks. 354r.
Fresh Vegetable, and Fruit
FRESH FKCIT Oranges. (12.00 box;
bananas, 1213 lb.; lemons.- (.V 7 5
,0 6.50 a crate; grapefruit. Florida. (8.60
9.50; California. (6. 60; pear bra. J.00K
2.50 per boi; peara. (2.75; Tokay grapes, lac
per .
DKIB FRUITS Dates. Dromedaries, (7.23;
rards. (4.60 per box; fis. (3.50 (a) 4.00.
UNIONS Selling price to retailers: Local.
(1.75(g2.00; asMxriatiun wiling price. car.
(1.25; Uilifomia onions, (1.351.75; garlic,
-0c; green onion., 45c per dozen, bunches; onion
(1.75; sweet', 3c per lb.
POTATOES Selling price: Oregon fancy,
(1.75; sweet. 8c per lb.
BEURIBS Huckleberries. ItSc lb.; cran-
btrries. iucal. to U0(s 6. UU box: eastern. Sis. 00
19.50 per bbl. - '
vtt.ii.rAHLi-.ti Turnips, sz.73 per sacs;
carrots, (2.00; beets. (2.00; lettuce, $.'.50 per
crate; cucumber., si. 50 sack; tomatoes, l:all
fonua. (2.2ft per lug; egg plant, lO.c; broc
coli. (1.50 2 00; bell peppers. 12 15c
lb.; celery, ou (g sac aos.; string oesns, 4 oc
per, lb.; Hubbard aquasb, l2e pet lb.
. Mtata and 'Provisions '
COTJNTRX MEATS Selling price: I Country
hogs; -2021a per lb.' for Ur blockers; . heavy,
1416c; veal, 1920c; heavy veal. 10 12c.
SMOKED MEATS Ham, 4246o per ID.;
breakfast bacon, 33 58c; picnic, 27c per lb.;
cottage roll, 35e per lb.
LARD Kettle rendered. 29 e lb.: tierce
oajilH, compound, 20 c.
Fun and sneiirisn
FRESH FISH Salmon, fresh Chinook, . 20c
per lb.; halibut, fresh, 24c lb.; sturgeon, ( );
Hack cod, 10C lie lb.; kippered salmon, (2.50
per 10 lb. basket; kippered cod, (2.85: razor
clams. ( ); crabs, (2,753.75 dozen; ling
cod, 6 8c per lb.
OTSTEKS Eastern, per gallon, (5 00;
Olympia, (5.50.
Groceries
STJGAR Refinery basis: Cube, (18.35;
fruit-and berry. (11.50; D yellow, (10.90;
granulated, (11.50; extra C, (10.30; golden
C, (11.00.
HONEX New. (7.00 7.50 ease: bulk. 18c
per lb. .
RICE Japan style. No. 1. lie; New Orleans
bad, ( ); Blue Rosa, 1111o per lb.
SALT Coarse, half ground, 100s, (17.25
per ton; 60s, (18.75; table dairy 60s, (27.25;
bale. (3 D04.00; fancy table and dairy.
(34.50; lump rock, (26.50 per ton.
BEANS. Sales by jobbers: Small white,'
6c lb. ; large white, 6c; pink, 7e per lb.; Umas.
10c; bayou, 9c; reds. 7c; Oregon beans,
buying prices, nominal.
CANNED MILK Carnation, (400; Borden
(6.00; Astor. (5.90; Eagle. (12.60; Libby.
(5.80; Mount Vernon. (5.90 per case.
COFFEE Boasted. 25 0 40o la sacks or
drums.
SODA CRACKERS In bulk. 18o per lb. '
NUTS Walnuts, 23 26c per lb.; almonds,
2728c; filberts. 32c in sack lots; pea
nuts, 14 15c; pecan. 25c; Brazils, 85c
Rope, Paint, Oils
ROPE Sisal, dark. 18 He; white, 20c lb.;
standard manila. 26 c
LINSEED OIL Raw, bbla.. S1.24 gaL; ket
tle boiled, bbls., (1.26; raw, cases, (1.39:
boiled, eases, (1.41 gallon.
COAL OIL Pearl or water white. In drums
or iron barrels. 17 e gallon; casea, BOc per
gallon. - . . , ,
GASOLINE Iron barrels, 29 030 He;
sfiC6 4 2
WHITE LEAD Ton lots. 15c; 600 lbs..
it per id.
BCRPENTINE Tanks. (1.51; cases, L6;
10 ess. lots, lc less.
Hops, Wool and Hide.
HOPH--Nominal. 1920 crop, 44 0 46c lb.
HIDES Beat calfskin, 12c; tips, 10c: green
bides. 8c per lb. -
MOF1AIR Long, 25e: short, 15e lb.
TALLOW AND GREASE No. 1 tallow. 6e;
No. 2. 5c.
CASCARA BARE New, 8c lb.; old, 9e lb.
WOOL Coarse. 10c; medium, 20c; tine. 25e
per lb. .
4V-1
DAIRY PRODUCTS OF THE COAST
Seattle Stark '
Seattle. Nov. 13. It N. 8.) Butter City
creamery, eubea, 68a: bricks, 59e per lb.
Eggs Fresh ranch, 78c; pullets, 60 062c
per dozen. .
Obeeae, 82083a per lb. ' '
Milk, (2.00.
POTATOES ALONG THE COAST
Seattle Market
Seattle, ' Wash., Nov. ' 13. (U. p.) Pota
toes Yakima Gems, per ton, (45.00; local,
(35.00 086.00.
San rranoisco Market
San Francisco, Nov. 13. (U. P.) River
Whites. (2.0002.25; Salinas. (3.00; sweets,
33 We.
Ordoiu Yellow and white. 75 0 90c: Aus
tralian brown, 75c $1.10.
Bedford Pear Shipments
Medford, Or.. Nov. 13. So far this season
787 carloads of pears have been ahipped to
the Eastern market from the Medford district,
which i. already 20 more cars than .were shiDDed
from here last Mason, and therat are one or
two cars yet to go. So far only 125 of. this
years estimated crop of 300 ears of apples
toave been ahipped. Last year's apple shipping
crop was lis cars.
Dried Fruit and Beaaa
.,ew Tork. Nov. IS. (L N. S.)WBeans
Market steady. Marrow, choice, (9.00 0 9.25;
(noo1" .5-60X6 0i "d kidney, choke.
Dried Fruits Irregular : demand. Apricota,
choice to extra fanev. 2SX8R! arm! m..n.
orated, prime to fancy. 80 12 Vic; prunes, 80s
to sin, iiwzuc; do dob to 100s, 14 H 0
15c; peaches, choice to extra fancy. 18 0 21 He;
seeded raisins, choice to fancy, 23 Hi 0 25c
Naval Stores Market '
New York, Nov. 13. -L N. 8. ) Tarpen-
mte oavaanan, no quotations, last sales (1.12
hew York. (1.12H-
Rosin Savannah. (11.00; New : Tork.
U3.a.
'.' ?s Fraacl.ro Poultry Market
,n Francisco, Nov. 13. (U. P.) Broilers,
' aeue, aofwave; neat ducks, a?
iey owe : .
i Sas Fraaelsco Barley Cavlla -
Ran Fiancisca. Nov. lit ITT k
feed. per cantal. (2.1& 02.22; shipping, (2.25
V .aw. .
FLOUR DROPS 60C
MONDAY MORNING
NORTHWEST GRAIN BECEIPTS
Reported by Portland Merchants Exchange:
vara
Wheat. Barley. Flour. Oats. Hay.
Portland. Bat.. 41 8
Tear ago. ... 2 s. . 35
Total thi. week. 191-7 6 . 42
Tear ago. ... 228 113 14
Season: to.date.671S 81 822
Year agiTT. . .444S 113 1743
Tacoma, Friday. 16 ... 6
Year ago. . . . 20
Season to data. 2710 38 382
Year ago. .. .3035 55 ...
Seattle, Friday. ... ... .
Year ago. . . . 87 . . . 2
Season to data. ...
1
19
6
22
231
807
5
84.
32
738
747
12
3
401
432
66
106
Year aso 2674
129 325 328 643
Flour prices will drop sharply Monday
morning, a loss of 60c per barrel being
shown for patent. Millstuffs are weaker
and in some instances lower values are
named while for feedstuff s " reduced
values are almost general. For rolled
oats a lower price is forecast. t
Decline of 60c per barrel will beccane ef
fective in the patent flour market Monday
morning when the. local trade will quote 110.40
per barrel , for the best local brands, this being
a total loss of SI per barrel for tbe week.
There is complete demoralization in the floor
trade as a result of the low prices recently
ruling for wheat Foreign business is rather
quiet and there is no such thing as a general
local demand.
While the list price on millstuffs remains at
847 a ton at the mills for millers, some sales
are shown down to (46 and in carload lots this
price is the extreme top.
Cracked and whole con and other feedstuff,
are nhowing reductions for the day.
FIXiUR SeUing price, uiiU door. Patent,
(11.00: Montana spring wneat, 111.40; Willam
ette Talley brands. (9.00 9.50; local straights,
(9.10; b.kers' local. (10.25 1 0.60; graham.
S9.20; whole wheat. (9.40. Price for eitj de
lieries 15c extra; suburban. 20c extra.
HAY Buying price, nominal Willamette
timothy, fancy, (28.00 030.00 per ton; cloeer.
(20.00; cheat. (23.00: straw. (11.00 11.60;
grain, (25.00: alfalfa. (24.00 per ton.
GRAIN SACKS Nominal. No. 1 Calcutta,
10 10 e; domestic. 11c, in car kits; less
amounts higher.
MILLSTUFFS Mill run at mill, sacked,
(47.00.
A.?n7,'
OATS Per ton. buying price, rsed, (41.00
BAUI.KY Biurina-
price:
Feed. (45.00:
inlllmc. g4.ou.
SEEI Buying price.
Red clover, recleaned.
Nominal; so demand.
( ) per lb.; ahike.
( ) ; vetch, ( ).
FEED8TCFFS F. O. B. mill.: Rolled bar
ley, (54.00; alfalfa meal, (36.00; cocoanut
meaL (50. OO; soy hesn meal. (68.00; Unseed
meal, (81.00; cracked corn. (56.00; whole
corn, (53.00 ton; scratch feed. (71.00; whole
oats. $51.00; rolled oats. (53.00 per ton.
ROLLED OATS SeUing price. $11.00 DbL
Merchants' Exchange bids:
WHEAT
Nov. Dec.
155 155
150 150
150 150
1 SO 1 50
150 15
147 147
4500 4500
4300 4400
4500
4400 . 4400
4100 4000
4100 ....
Hard whit. . . .
Soft white . . . ,
White club . . . .
Hard winter . . .
Northern spring
Red Walla
FEED OATS
No.
No.
white
gray .
BARLEY
Brewing'
Feed . .
CORN
No. 3 eastern (bulk,)
No. 3 local (bulk)
Hogs Are Slow at
North Portland; A
Small Trade Shown
PORTLAND LIVESTOCK RUN
Hogs. Cattle. Calves.
Sheep.
258
Saturday .
290
65
65
i72
107
518
Week ago . . . .'
2 weeks ago . .
4 weegs ago . .
Year ago
2 years ago . . ,
3 year, ago ...
4 years ao . . .
686
41
225
18
102
' Only six carloads of livestock reached
Portland Saturday, and of this amount
nearly half did not enter the market.
All trade was quoted nominally un
changed. " .
In the hog alleys there was only a fractional
supply available for the trade, moat of the
shipments being direct to northern packer.
Trade indicated a steady to weak tone, but
there was not enough business available to teat
values.
: General hoa market ranee
Prime mixed .; .(14.50 915.00
Smooth heavy 14.00 14.60
Rough heavy 10 00(313.25
Fat pigs 12.00 14.00
Feeder pigs 11.00 013.50
Cattle r Steady
In the rattle alley, the Saturday morning
trade ' at North Portland was nominal, but
general conditions indicated a fairly steady tone.
.'General cattle market range ;
Choice steers
Good to choice steers'
Medium to good steers. ........
Fair to good steers. ,
Choice cow sand heifers
Medium to guud cow. and heifer.
(8.25 0 9.00
7.25 0 8.25
3.250 7.25
OOUW 0.7
25 8.75
4.259 S.ZO
Fair to medium cowa and heifer.
S.25 0 4.25
Cannera .. ......
Bulls
Choice dairy calves.
Heavy calves .....
Beet light, calve. '.
Medium light calves
2.500 3.25
.. (.00 0 6.00
.. 18.00 15 00
.. 7.00 0 9.00
.. 11.00 013.00
.: 9.00 011.00
... 6.75 0 7.25
... 6.73 0 6.75
Choice feeders
Fair to good feeders
Ewe. Remain Dull
Ewea alone are ah owing dullness in the sheep
and lamb trade at North Portland, other lines
in the . Saturday market being quoted steady.
No price change in any line. i
General sheen and lamb range:
East of mountain lamb-. (9.56 010.00
Willamette valley lambs .
S.5O0 S.OO
8.CO0 8.50
6.00 0 6.00
6.00 0 7.60
6.00 0 6.60
2.600 6.75
Feeder iambs
CuU lambs
. i
Yearlings ............
Wethers
liwe
Friday ' Afternoon Sales
STEERS
a
No.
Are- lbs. Pric
No.
1
1
Are. lbs.
Price
1
1
920 ( 6.00
620 6.25
..1050' 8 7.0O
.. 790 6.60
1.... 910
1.... 860
7.00
1.... 980
1....1076
2.... 830
6.25
7.00
6.60
7.00
6.00
6.23
6.60
7.00
6.00
6.50
1.... 980
S....1210
2.... 940
86 iV. .1075
23. ...1114
4. ...1015
COWS
4. .
1..
2..
3. .
4..
1. .
2..
1. .
1. .
90S ( 4.25
973 3 3.75
740 4.23
890 6.00
, . 740
. . 670
. . 875
, . 980
, .1085
, , 720
. . 980
4.25
3.50
6.50
5.60
5.50
6.50
5.50
. .1090
..1040
. . 960
, . 803
. . 920
, . 890
. . 880
6.00
. 3.50
6.60
6.50
5.00
6.60
4.26
l.i
CALVES
. 160 S14.00
BULLS
1..
2..
1..
18. .
74.'.
8. .
8. .
1..
3..
11..
25..
4..
7..
1..
10..
1..
.8..
.1970.3 5.50
.1305 5.60
.1350 6.00
1,.
1. .
,.1350 ( 6.25
.. ttvo 6-ou
HOGS
. 173 (13.00
75 ... .
9....
4...,
10
-7....
...
2...
9
202 (15.00
803 12.75
227 14.75
201 .16.00
271 :i2.75
146 14.79
218 14.75
138
260
280
196
218
202
220
13.00
13.00
14.75
14.75
14.50
14.75
14.65
300 14.50
226 - 14.63
LAMBS
81 ( 8.00
70 5.00
56 8.00
16..
60.,
83 ( 8.75
79 9.26
; - -" !
EWES
170 8 8.50 I 2
140 4.00 j
BUCKS
140 8 2.00
125 3 4.00
Sew Tork Wool aad Hides
New York, Nov. IS. (L N. S.) Wool
Market unsettled. Domestic Qeeces. 3LX. Ohio. S3
060c; do pulled, scoured basis. 30 0 80c; do
Texas, scoured oasts, euc9a1.ua.
Hides Market dull. Native steers. 19 020c;
branded steers. 17c . ,
Ifew Tork Potato Market
New York, Nov. 13. (L N. 8.) Potatoes
(m bulk, barrel or bag) Market firm. Nearby
white, S2.7.I; uermuoaa, a2.1aea.Bv.
Potatoes Hot Damaged
Sandy. Nov. 13. Heavy east wind, have
t'cim moat of the week, and nighta hava beea
cold, but tbe f reeling baa so rar not damages toe
potato crop, which farmers are trying to harvest
as fast as possible sinoe tn ma stoppea.
17 2
105 :..
None
3
332 19
33 :..
2 Firms' Earnings
; For October Below
Period of Last Year
Montgomery Vard earned (8,(87,000
gross during the month of October, or
37.9 per cent less than for th same
month of 1919. For the 10 months of
ithe year the gross sales were (91,386,000,
or 14.3 per cent larger than for the
same months of last year,
i Sears,. Roebuck Co.'s sales for the
month of October were (20,113,426, a de
crease of 40.03 per cent. Part of the
shrinkage in volume. It. is stated, was
owing to the reduction in the company's
catalogue prices, and part .to smaller
amount of merchandise handled. For
the i 10 months ending October 31. the
company's sales .were $209,873,092, an In
crease oi 7-zs per cent compared, with
the same period of 1919.
A
Journal of Commerce Bradatreeta will
say this morning;, "Industry quieter and
employment Increased.". A bank which
had to take woolen (roods on a loan
is trying; to sell them. It is said, at 75
cents per yard, as against an original
price of (2.25.
Dun says there is continued hesitation
and waiting; at a time when business
normally should be expanding in volume.
Little change from steady progress of
readjustment which has taken place,
except that price decline is becoming:
somewhat accelerated In some instances.
Cuban representatives to meet New
Tork bankers Monday to discuss Cuba's
finances.
Dun reports' 750 commercial failures
in United States this week, against 232
last week and. 128 a year ago.
- The new wave of liquidation is ex
pected to run its course. ,
American Locomotive common stock
reported ' bought on a scale down by
well informed interests who are con
vinced that railway roiling stock equip
ment issues will be conspicuous in big
recoveries after the current general
liquidation shall have its course.
Circulated Money
$58.63 Per Capita
Money in circulation on the first of
October was (6,298,000.000, compared
with (6,212.000,000 a month before and
(5.807,000,000 a year ago. The treasury
department reports the population of the
United States at 107,407,000. making the
money circulation per capita (58.63, com
pared with 854.58 a year ago ; the census
department has just officially reported
the population at 105,683,000, making the
actual money circulation, per capita on
the first of October (59.59, instead of
$58.63 as shown In the treasury report.
The stock of money In the country on
the first of the month totaled (8.136,000,
000, compared with 87,997,000,000 a month
ago and 87,663,000,000 a year ago.
Public Buying Up
.All Stock Issues
Regardless of what the movement of
prices may be in the stock market, inT
vestment houses are encouraged with the
manner in which the public is buying
up all of the new issues which are being
offered for investment purposes. Wheth
er the issue is for foreign or domestic
account, the notes oc bonds are quickly
subscribed for.
Articles o? Incorporation
Articles of Incorporation filed Friday
with the Multnomah county clerk : Ore
gon Fish and Cold Storage company,
Portland, 815,000; Incorporators, W. B.
Peterson, j. A. Thompson and J. F.
Mathieson ; Lane's Auto Service, Port
land, 830,000, incorporators, C. R. Lane,
M. E. Lane, and R. E. Forker ; Indiana
Truck & Service company, Portland, 820,
000, incorporators, Thomas H. Hurlburt,
M. V. Myers and Charles E. Rumelin.
COTTOJT TONE IMPROVED
BCT CLOSE 18 DOWNWARD
New Tork. Not. 18. (I. N. 8.) Good buy
ing orders were reached on a scale down to
1750 for March cotton and the market ah owed
an improved tone in the late dealings. The
close wss steady at a net decline of 15 to 25
points.
'Spot cotton was auiet and unchanged todav
at v.u. no
Furnished fey Overbeck A Cooke Co.. Board
ot Trade Dunning
Month Open.
High.
1792
1779
i763
i730
Low.
1764
1750
iiio
1725
iioo
Close.
1778
1770
1768
1760
1750
1740
1725
1720
1710
1705
1815
1827
Jan. 1575
Feb.
March ...... 1774
April
May 1765
June ....... ....
July 1745
Aug. ....... ....
Sept. 1720
Oct. 1717
N of.
1725
Dec. 1800
1845 1808
AMERICAN LIVESTOCK FBICES
Ohieasje Hoa. S1S.0S
eeipts, 6000; 100 to 16e higher. Tops. (K.05;
leavvweight, (12.60013.00; medium weight.
612.70018.05; lightweight, (12.60 018.00;
fcCht lights. (12.40 012.80; heavy packing sows,
smooth, (12.00 0 12.40; packing sows, rough.
(11. ? 12.00; pigs, S1Z.UU013.UU.
Cattle Receipts, ooou. ,
Sheep Receipts, 8000. - 7
Denver Hoes (13.00
Denver. Colo.. Nov. 13. C. P.) Cattle
jVeceipta. 2000; slow. Steers, (8.50010.75;
cows and heifers, (6.00 0 7.50; Mockers and
feeders. (7.OO0 9.2S; ealvee. (10.00 011.60.
Hoes Receipts. 300; steady. Tops. (13.00;
bulk. (12.25 012.60.
' Sheep Receipts. 7000; slow. Lambs, (11.00
012.00; ewea. (4.600 6.00; feeders, (11.00
012.00.
No Seattle Hoa Mar at
Seattle, Nov.. 13. (L N. S.) Hogs No
receipts during the day.
Cattle Receipts, 386; weak. Prime steers,
(9.0009.60; common to good. (5.60 0 7.00;
medium to choice. S6.70 0 8.50: beat cow. and
heifer (6.60 0 7.00; common to good, ((.60
eo.uu; medium to chotce, sa.uu o.uu; calves.
(9.50013.00: bulls. (4.00 0 S.OO.
Sheep Receipts, 224; steady. Yearlings,
(7.50 0 8.00: wethers. (6.5007.50; ew
(4.00 0 6.00; valley lambs, (8.00 09.00; prime
lambs, S9.6O01O.OO; cull lamDe, aa.W0S.tf.
New Tork Batter and Eggs
New Tork. Nov. 18. (L N. S.) Butter
Market firmer: creamery' eztrsa. 64 K 0 66c:
creamery firsts, 48 0 63c; creamery, higher
coring, S3 H 0 68c; state dairy tubs, SS0 63C;
renovated extras, 46 0 47c.
Checee--Market firm Whole milk apeeiala.
24028tte; whole milk fancy, 2 V. 0 25c
Wiscooeiii Whole milk, fancy Young Amer
icas. 200 22c: skims, specials. 29tt0Oc:
skims ehoioa, 18 020c; skims, choice to cood.
lS017vc . ,
-. Eggs Market firm. Nearby whit, fancy.
1(1.02 01.03; nearby brown, fancy. 90 0 93c;
r a a ja za a o . si vAac
BAlfesj. Of BJ Q06 1UU, 6 W OIU
All Os loss Harvested -
Beavarton, Or., Nov. 18. All onions grown on
beaTerdam in this locality are now narrasted.
For th first time ' in years bavs Washington
county giuneis been nnabl to harvest their
onion crop anal ue middle of November. John
son A Sons, extensive srowera, nave all of their
J S acre crop in tbe anion boose. - Mr. Johnson
state, that in spit of all tha unfavorable cli
matic condition., be finally harvested tha bslsnre
of their crop in good cotMPtion.
$TOCKMMKgT
LIQUIDATE STOCKS
-a . . - I - ' . ' '
IN EARLY TRADE
New Tork, NovA 13. L N. S.)-rThe
stock market closed weak today. Al
though there were times during the fore
noon when it seemed that prices had
seemed to become steady it broke at the
close, when trading was in a, demoral
ised condition. AU the standard Issues
were in large supply and many new lew
records for the year were made.
Steel, common, broke to a new low of
81. Baldwin touched its previous low
of the year of 100, rallying fractionally
to 100 at the close Republic Steel
slumped to 66. Large blocks of Read
ing and Southern Pacific were thrown
over in the late dealings. Southern Pa
cific broke violently to 107 but came
back to 108. Reading fell over 4 points
to 8814. Mexican Petroleum dropped, to
160, rallying to 161 at the close. Tne
sugar, tobacco and motor Issues were
among the many Issues which made new
low prices. General Motors fell to 104.
Government bonds unchanged ; railway
and other bonds steady.
Total sales of stocks to day were
677.600 shares; bonds, 86,324,000.
Total sales of stocks for the week
were 6.091.400 shares ;. bonds. (85,950.000.
New York. Nov. 13. (L N. S.) The
stock market continued under the influ
ence of fears about the affects of Indus
trial depression and the money situation
at the opening today, with price move
ments also influenced by the necessity
of liquidation of stockholdings Isecause
of the losses Sustained in the past few
weeks. There was no general weakness,
however, stoclt which declined Bharply
not influencing trading in other issues,
causing the irregularity in changes at
the end of the first 15 minutes.
Steel common fell, to a new low record for
the year at 81V. Baldwin. Loeomotiv. beia
firm and after declining i to 101 H. soon re
covered this loss. Mexican Peroleum dropped
V to 161 and then rose 1 point The low
priced railroad issue, were among the weak
features. Baltimore Ohio dropped over 2
points to 38; Bock Inland over 3 points to 28 ,
and St. Paul to 35 . Reading advanced 1
point to 91 and then fell 1 point to 90.
Pimtm Alean. Srurar droDDed 2 Dotnts to 09.
Pierce-Arrow waa offered in large blocks and
fell to a. new low record of 23.
Furnished by Overbeck Cook. Co.. Board
of Trade building:
Sales.
STOCK.
High. Low. Bid.
Alaska Gold
Alaska Juneau. . .
AUis-Cbalmers . .
Am. Beet Sugar.
Am. Can Co. . . .
Am. Car A Fdy.
T . 1 H
1H
30 29 is 29
58 56 : 67
26 2H 25 Vi
126 125 125i
23
7 .1 t
"8
56 54 64 4
. . . 60
88 H 88 86
12H 11 12
64 51 62
31 31 31
96 95 95
76 74 74 V'
99 99 99
113
112
86 63 05
8 6 7
46 45 45
85 84 84
91 90 90
115 112 113
103 100 100
40 38 39
120
8 3 2
4 4 4
12 12 12
5' 6 5
...".iSml
117 116 ll I
87 36 36 I
85 34 34
79 78 77 ;
0 8 9 i
13 12 12'
23 21 20
36 35 84
63 62 62
80 30 80
20 28 2S
' "83
"77 "75 75
85 34 34
31 28 80
107 108 103
12 .11 11
1
14 18 13
..... 74
4- 4 4
66
122 120 121
14 14 14
. '23
80 80 80
86 82. 82
23
60 60 60
88 85 85
90 89 90
39 88 38
5 5 8
7 6 7
.96 95 95
14 13 14
15 15 15
57 ' b 67
27 25 26
5 4 4
21 20 20
20 20 20
67 60 66
50 49 49
103 103 102
163 160 161
17 17 17
12 12 12
35 , 84 84
4 ' 8 8
. 60
23 22 23
20 19 19
79
15 IB 16
70 69 69
10
26 25 26
6 94 93
89 87 7
. . . . . I 78
79 77 77
8 8 3
1 19
47
77 T5 76
41 40 40
88 87 87
87 83 36
13 12 12
, 88 86 86
, 107
, 12 12 12
. 92 88 88
78
. 68 66 68
, 87 86 87
6 6 6
. 23 25 25
, 110 107 108
, 26 25 25
, 25 24 24
.63 50 51
. 48 47 47
92
1 8 8
. 47 46 46
. 22 21 21
, 27 25 25
.56 64 64
.10 9 10
. 121 120 120
. 72 71 70
. 6.1 63 68
. 48 48 48
. 82 61 81
. 55 63 53
. 44 42 43
. 48 47 47
. 11 11 11
. 9 9
. 87 87 86
. 44 43 43
. 40 40 40
8 7 7
. 88 87 87
1300
600
600
2900
2900
400
Am. Cot. Oil
Am lru Sjmd -
600 Am. Hide A Leather
700 Am. InU. Corp....
Am. Linseed
5100 Am. Loco.
Am. Ship A Com re.
2200 Am. Smelter . . . . .
1100 Am. Steel Fdy..,.
1700 Am. Sugar
1300Am. Sumatra
1300 Am. Tel. A Tel...
200 Am. Tobacco
200 Am. Tobacco, b. . .
5300 Am. Wool .......
! 300 American Zinc
...... Anaconda
1800 Atchison
200 Atlantic Coast Line
8500 Aa Uulf A W. I. .
23600 Baldwin Loco.
1800 Balto A Ohio. . . . .
Barrett Co.
' 400 Beth.-. Motors .
Booth Fish
100 B. R. T,
700 Butte C. A Z. . . . .
700 Butte ft Sup
..... Caddo Oil .......
4800 Canadian Pacific . .
3400 Central Leather . . .
1000 Cerro De Pasco
1200 Chicago A N. W.. .
200Chicago tit. W....
7000Chili. Cop
3400Chino
8700IC, M. St. P......
6600IC. A O
2000jColo. F. A 1. .... .
. . . . , Colo. Southern . . .
. ....Con. Caa
900 Corn Prod
12dT1Cosden Oil
1100C. R. L A P..-..
5800 Crucible
600 Dome Mine. . . . . .
. .... ID. A R. G......
7500 Erie
- 700jFed. Min. A Hmelt
600 Gaston Wins
lOOlGen Cigar. . , . . .
Gen. Electric. .
21500Gen. Motor
.600
Granby . . .
Great North. Ore. . .
Great North, pfd. . .
Greene Cananea. . .
Hask Barker
Houston Oil
DJa. Central
Inspiration
Interboro
8200
100
1400
1600
200
1600
TOO
800
2000
2600
Interstate Callahan,.
Int. Harvester
Int. Merc. Marine. .
Int. Nickel
1100
Int. Paper ......
Invincible Oil
bland Oil
K. C. Southern. . . .
Kennecott .......
Lack. Steel ......
8000
8900
8000
2000
400
700
800
Lehigh Valley , . . .
L. A N. ........
Mexican Pet
Miami
13800
1100
4200
Middle States Oil .
600
Midvale Steel ....
M. K. AT
200jMont. Power ....
8400Mo. Pec.
600)Mont. Ward
600 iM. St. P. A S.3. M.
800 M. & St L. ....
INat. Lead
1400
8600
1600
Nevada Con.
New Haven
Norfolk AW...
Northern Bacifie .
10700
6200N.
Y. Air Brake ..
X. Central
N.
8100
Ok la. Prod, ref .. .
600
Ontario A W. . . . .
Pae. Gaa A Elec. .
8000
Pan. Am. Pat. ...
Penn. ...........
Peoples Gaa ....
Pure Oil .......
Pierce Oil
S000
800
6000
600
Pullman ..........
2000! Ray Cons. ......
l; 8 4 00 Reading
900) Reptogle Steel ...
7 000 1 Rep. Iron A 8....
OOOjRy. Steel Springs..
.... !Sha truck. Ariz . .
11200l8inelalr .. .......
34 500iSouthern Pacific
93 00 Southern Ry
5700l8t L. A S. P...
2000 Stromberg Carb. .
8400Stndebaker ......
ISwift A Co...
2500Tenn. Cop. A Che
8900jTexaa Oil
17000Texaa Pse. ......
lOOOITexae Pac. C. A 0
2500lTob. , Producta. ...
lOOOITran. Contl. OH. .
4200Union Pacific ...
1400
2000
600
815001
8900
1900
2400!
TV ". Rub, .
TJ. S. Smelting...
17.. g. Steele
Utah Copper ....
Va. Chenv.
Vanadium Steel...
leoot
vivandou .......
Wabash ....
Western Union . . .
Westinghse E. A 1
White Motors ...
Willys-Overland
Wisconsin Central.
3300
400
800
2100
8200
200
'Total mica stocks, 677,600 ibares.
. Total salea bond., (6.324.000. .
Stocks. Boses, Cottos. Grata. Ete.
818 817 Beard ef Trade Balldlag
Overbeck&CoceCo.
i DIRECT PRIVATE WtRES
TO ALL EXCHANGES
Members Ckleag Board ef Tradvl
. CerrespoadeBta of Legaa Bryas
Ckteage Hew Terk
j Interest Big Factor S
In Supplying Needs,
Bondholder States
San - Francisco. Cat, Nov. 13. Gover
nor John U. Calkins of the Federal Re
serve bank of San Francisco recently
addressed a letter to Liberty bond hold
ers or the Twelfth Federal Reserve dis
trict, advising them of their true Inter
est in the Liberty bond situation. .Per
haps the one outstanding fact manifest
ed by the many replies received to the
letter is best illustrated by the follow
ing answer from a man in Monrovia,
Cal. :
"Your communication received and I
would be glad if I could take more
government securities. In all, my wife
and- I have taken 822,000 of Liberty
bonds and 31100 of Thrift Stamps,
(2000 for two of our sons and 820,000
for ourselves. I am past 72 'and at that
age cannot work any more and my wife
is past 66, so we are very thankful in
having our Liberty, bonds so we can
live in . peace and contentment, as our
interest is always paid prompt Thank
ing you for your kindness In letting us
know.
If the letters Illustrate, anything In
addition to the desirability of holding
one's Liberty bonds, they are a reas
surance that an actuating spirit of real
Americanism, backed by common sense.
Is still a power in our national life.
Bankers Predicting
Revival in Buying;
Inventories Shared
Washington, Nov. 13. il. N. S.) En
couraging forecasts of the future for
business generally are embodied In latest
reports from reserve bank centers re
ceived at the treasury. The work of
reducing Inventories among both small
and large Interests is progressing with
out undue strain, according to the re
ports, and a more stable period for busi
ness is anticipated by early spring. ;
Bankers generally look for a revival
In buying and selling before long,, and
reduced Inventories among retailers
means business men must replenish their
stocks.
Banking surveys' tndlcate the attitude
of the buying public to hold back for
still lower, prices to be still very Pro
nounced in many sections.
New Tork Bond Market
' Furnished by Overbeck A Co.. Co., Boat
of. Trade building.
Atchison Genl-' 4. ..'....,. .
Ral. A Ohio Gold 4s. ..... .
Beth. Steel Ref. 5s.......
Cent. Pacific 1st 4s........
C, B. A Q. Col. 4s
Kt Paul Genl. 4 s
Bid. Ask.
76 79
71 71
77 79
72 78
96 96
78 78
77 77
80 82
20 23
78 78
88 87
80 81
93 93
75 76
111 112
77 78
89 90
81 82
87 88
80 81
Chfeago N. W. Genl. 4s. . . . .
Ik A N. I'ni.' 4s. ........ .
New York Ry. 5s
Northern Psc. P. L. 4s....,
Resding Genl. 4s
T'nion Pae. 1st 4s
lT. 8. Steel 6s
I'nion Pac. 1st Ref
Southern Pae. Conv. 5a.....
Southern Pac. Conv. 4s
Penna. Conv. 4s
Penna. 1st 4.
Che.. A Ohio Conv, 5s
Ore. Short Line 4s
Liberty Boed Sales
Furnished by Overbeck A Cooke Co.
High; Low.
Close.
OHHO
STSil
S0(T
8800
RA30
8830
8(50
9600
9602
Liberty. 935j0
Liberty. 1st 4s 1.
Liberty, 2d 4s. .......... ..
Uberty, lt 4 ........
Liberty. 2d 4s 8860
Liberty, 8d 4s 8000
Liberty. 4th 4s 87IO
Victory, 4s ,9604
9320
8600
8850
8648
9600
Victory, 3s
PACIFIC COAST BAHK STATEMENT
Portland Banks
Clearing This week. Tear ego.
Tuesday 8 8.193,087.90 HnlMay
Wednesdy .. 6.801.851.61 ! 8.929.864.M
Friday 8.053.678.52 j 7.7B2.402.
Saturday .... s,04S.oo.i , ,ns,ii.
Week
.335.969.057.87 838.565,269.12
Spokane Banks ,
Clearings Saturday ,.( 2, .
Palances Ssturday , 708,117.00
Clearing. Saturday ( 8.210.24Z uo
Ialances Saturday 722.073.00
Tacoma siansa
Clearings Saturday ..( 1,641.1B4.W
Palancea Saturday 152.465.00
Tfew Tork Bank Statemest
New Tork. Nov. IS. ,4J, N. S.) Bank state
ment:
Average Loans, decreased. SOS. BBS, 000; de
mand deposits, decreased, 454.688.000; time
ccposit. decreased. (3.2(4,000; reserve, de
creased. S5.883.720.
Actual Ljns, aecreasen, ..f.vai.uuv; ae-
and deoosiu. decreased. (17,253,000; time de
posits, derreued. (3.601.000; reaerr., increaaed.
S34.B12.97U. -..
Banking Service
Your banking requirements may be entrusted to
this bank with every confidence that careful and ef
ficient service will be rendered.
THE CANADIAN BANK OF COMMERCE
Portland Brsmch - Fourth and Stark Sts.
BIG SILK HOUSE
GOES BANKRUPT
By Broadan Wall
JCew Tork, Nov. 18. Professional
bear raids, together with rumors
that an announcement would be
made of a large comrrierciU failure,
resulted In sharp declines' in the
prices of stocks Friday and the
total transactions involving mote
than a million and one-quarter
shares.
The commercial failure stories ma
terialized In the announcement that a
silk house had gone Into bankruptcy,
with liabilities of Sl'.floo.ono.
? Stocks were offered at the expetma of
price throughout the session, the losses
in standard Issues ranging from one to
Hire points and those In; specialties from
tour to nine points, the maximum de
cline being In General Klectrio.
FOREIGN EXCHANGE KATKS
Corrected dally by the foreign exchange de-
partmsnt of the- United State. -National bank.
Quotations below, except the pound aterlina.
era quoted on th. bails of; 100 unite foreign
currency. i
- Opening nomlnsl rates on bank transaction:
Draft C.bls I'.r
London '. Checks. Trsnstera, Vslue.
Mm. sterling 8.86 8 87 ( 4.
Pari. Franc v a. 83 5. 84 lli.Stt
HsmburgBrrnn
Msrks
1.18
1 1
8.60
9.03
13.15
18.10
18.80
'en ro
50.75
91.50
28.81
18.30
19.30
29 TO
26.70
26.70
Genoa Ure
Athens
Drachmas
Copenhagen
Kroner ...
ChrisUania
Kroner . . .
Stockholm-
8.49
8 95
13.05
18.00
18.70
86.00
60.50
Kroner . . .
Hongkong
Currency
Japan Ten
48.48
shanghai
Taels 91.00'
SHORT TERM NOTES
Quotations furnished by. Clark, Kendall
Inc.
osmrity
Ifsrurlty
Rid Asked ,
91 92
a S l5 -94
9
94 96
90 100
90 100
10 100
1 00 1 00
tai 96 ; "
90 1 1)0 i
99 ;
nv in -
na- pa
98 98 S
08
94 96
98 08
91 91
97 98 Vs
71 73
74 74
93 . 98
98 98
98
95 . . . .
94 . , , .
93 ....
99 :
9T
97 97
98 99
Am. Cot. Oil 6s. ,
Am. T. A T. As.
Am. Thread ,
Am. Tobacco 7. ,
Am. Tobaeoo 7. .
Am. Tohscco- 7s. ,
Am. Tobacco 7s.
9. 2.24
10. tjca
12. 1.28
11. 1,20
11. 1.21
11. 1.22
11. 1.2.1
Angio Am. -Oil 7.. 4.' 1.2ft
Armour tost. 7s... T.ln.iMi
Belgian Gov. 7. 'O. 1.43
Relgisn Gov. As ... . 1 . 1 ,2 1
Belgian Gov. As.... 1, 1,23
Beth. Steel. 7s. . . .-. 7.1 5.22
Beth. Steel Ts 1.1 R. 22
British Gov. SS..11, 1.21
British Gov. s..ll, 1.22
Canadian Gov. 6s. .8, 1.21
Canadian Gov. 6s. 6. 1.20
Cudshy Packing 7s.. 7.15,23
It-Ur. B, T. 7a. . . . 9. 1.21
Japanese Gov. 4.. 7.10.26
Kennecott Cop. 7a.; 2, 1.30
I.igg. Myers Ton. 6s. 12, 1.21
Moline Plow 7s.... 9. 1.21
. oline Plow 7..... 9, 1,23
Moline Plow 7s. ... 9, 1.23'
Molin. Plow 7s. . . . 9, 1,24
Nor. Pae. Equip. 7s. 6.16.23
Pac. Gaa 7s.....;. 6, 1,25
Swift 6s 8.16.21
V. 8. Rubber 7s 12, 1.23
Ccnsctvatavo
cuatsT
The man who spends
all that he make, is
placing- mortgage
on his life. The dif
ference between suc
cess and failure is a
bank account.
"Si
111
V
n,( uzv Hit, or"'
4