The Oregon daily journal. (Portland, Or.) 1902-1972, December 21, 1920, Image 18

The Oregon daily journal., December 21, 1920, Page 18, Image 18

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Newspaper Page TextTHE OREGON DAILY JOURNAL, PORTLAND, .OREGON. TUESDAY, DECEMBER 21, 19ZU. FOREIGNERS ARE DEMANDING BIG WHEAT SUPPLIES REPLOGLE STEEL STARTS GENERAL MARKET LOWER 18 EGGS ARE LOWER, W H TONE STEADY While prices are down for both cur rent receipts and candled stock here for the Tuesday trade, the undertone of the esnr market is in a somewhat improved position. Elsewhere the market is show Ing strength with some advances, due to weather conditions. Sellin prfca of select ceo here tend today no higher than 68e doson. a drop of 2c from tlettrem values of tb prsffous day. Buyers are' seneralljr offering 52c doien Portland delivery for eorrent receipt Those tht buy on a eandled- basis are paying aa high a oec dozen for selects. 1 ' H,A.h in th North end in the Sontb. as well as in the Eaw the egg market has steadied con siderably doling the last tew days and at -scene points advanced prices are the rule. Weather conditions are the principal factor in the trade at i most centers, although the a!mo general absence of good storage quality offering M also asserting an influence which tends to keep the market from dropping further at this tune. , Those desiring special information regfrding any market, should write the Market Editor. Oregon Journal, enclosing stamp for reply. TURKEY MAKK1ET HOLDS 8TEABT Practically no changes were shown in the local " dressed turkey situation daring the morning, alee of fancy dressed being made generally at D203c a pound with dressed ducks 45c and fancy geeee just holding at 85 (g 88c a pound. CHICKETf PRICES AEE HOLDING Prices in the chicken market are holding practically unchanged with the general price of heaty lire hen at 28o and a sprinkling of busi ness 1 to 2c a pound sboe this. rMARJCET BASKET DJETA1L PRJCEJa BTTTEB SITUATION U5CHA!fGED Situation in the butter trade is unchanged for the day with prices held stationary here and in the North. ' For a while it w beliered that ' pressure in the North would force a reaction here. . . i LARGE OEA7TGE8 HOLDING HERE While the market for email sixed oranges con tihues to show extremely low prices, large sizes are not so plentiful and some are commanding a premium. ' Bale hare increased hearily since the' reduced prices went into effect. j ! . ' ' 1 . . GREATER RUN OF SMELT ARRIVES Greater run of gillnet melt is reported from Columbia rirer points. -Loral prices are down to 2830o a pound. Halibut is in good-supply with sales around 24c. ateelbead salmon is un usually .firm at 25c. Lower beef prices are again due In the retail shops within the next few days with a further shading of wholesale figures. Some of the downtown shops are keeping very close to the wholesale declines, but in some parts of the city there appears to be a dislike on the part of retailers to give the public the benefit of the drop. , It begins to look -as if the drop In eggs has been suspended and the market appears at the bottom, for the immedi ate future at least. The expected drop In butter did not materialize here because of the fact that the weak markets , elsewhere -. have steadied. ' The following prices ruled generally in retail shops for good quality. Some values are frac tionally higher and inferior stuff fractionally lower: Butter Best creamery. 88 80c Eg Fresh laid, extras, 70c per dozen; extra pullets, 8 Sc. Poultry Chickens, dressed. 85 40e- per To. Fish Salmon, 23 0800 lb.; halibut. 80c per lb. Floor Best local patent, $2.80 8.00 per sack, 49 lbs. Pots toes Burbanks, 2c . Onions 2 c r BRIEF NOTES OF PRODUCE TRADE Jsp oranges are higher st $3.00 3.25 bundle. , YVslnnts moring Just fair with best around 25e. 'Country killed calves at 10tt17c, with be!t bogs 16c. I i Hawaiian pineapples offering at lTttc pound. Home apple movement continues satisfactory tor Quality. ! A WHOLESALE PRICES VS PORTLAND These are' prices retailers pay wholesalers, ex cept as otherwise noted: Dairy rroducts BCTTER Selling price, box lota: Cream ery. ' extras, parchment wrapped 53e per lb. Jobbing prices: . Cube, extras, 49 50c per lb.; ' dairy, bnving price, 80c per lb. BUTTE UFAT Portland delivery basis, 60 61c, bet grade; country stations, 44 4 7c CHEESE Selling pricel Tillamook, fresh Oregon fancy triplets, 33o per lb.; Young Amer icas, 34o lb. Prices to Jobbers, f. o. b. Tilla mook: Triplets, 30c; Young Americas, 81c. Kelling pnee: Block Swiss, 48 049c; limburger, 4042e per lb. Kf-rGS Buying prices: .Current receipt, 52c per duoen; candled, selling price, 5860o per dozen; select, H3c per dozen. LIVE POULTRY Selling price: Heavy bens, 2T&28C per pound: iicht hens. 1920e per lb.; springs, light, 24 0 25c; heavy, .24c; old roosters, 12 14c per lb ; turkeys, live, 35 37c; dressed, 45(53c; ducks, 3Q85e; geese, 2 5e. . i Fresh Vegetable and Fruit . FRESH FRUIT Oranges, $3.50 0 5.00 box; bananas, 12 to 13 He lb.: lemons. $4.75 5.26 a crate; grapefruit. Florida, $7.25 0 8.00; California, $4.00; pears, $1.50 0 2.50; grapes, 20a per lb.; Jap oranffra, $3.00 0 3.25 bundle. ! APPLES New, $10003.25. DRIED FRUITS Dates. Dromedaries. $7.85; Fards. $3.60 per box; figs, $2.00 0 4.00. ONIONS Selling price to retailers: Local, $1.80; garlic, 15c; green onions, 40c dozen bunches. POTATOES Selling price: Oregon fancy, $l.r01.75;,weets, 4 14 6c per lb. .BERRIES Huckleberries, 16 18c lb.: cran berries, local, $6.00 0 6.25 per box; eastern, $19 00 0 20.00 bbl. 1 VEGETABLES Turnips, $2.00 per sack; rm.tf. $1.50: beet. $1.75; lettuce, $2,500 3.25 per crste; cuenmbers, ; tomatoes, California, $3.5004.00 per lug; egg plant, 15 20c; broccoli, $1.5001.75; bell peppers, 16 017 He lb.; celery. $1.00 per dot.; Hubbard squash, 2 02 He per lb. : Meats and Provisions - COUNTRY MEATS Selling price: Country hogs, 15 H 016 He per lb., for top blockers; heavy. 13 014c; veal, 16H017e; heavy veal, 130 14c rr lb. SMOKED MEATS Ham, 27 0 32o per lb.; breakfast bacon, 29 0 48c. - LARD Kettle rendered, 24 He lb.; tierce basis, compound, 13 c , i Fish and Shallflsh FRESH FISHSteelbesd. 25c per lb.: froa n ehmook, 20c; halibut, fresh, 22e; sturgeon, I ); blsck cod, 11012c; kippered salmon, $2.50 per 101b. basket: kippered cod, $2.85: riior clams, ( ) : ersbs, $2.7503.75 per dosen : ling cod. 6 0 8c per lb ; Columbia smelt, 2c lb. OYSTERS Eastern, per gallon, $5.00; Olympia. $5.60. . '- Groceries SrGAR Refinery basis:. Cuba, $10.75; fruit and berry, $9.00; I yellow, $8.40; gran ulated, 9.00; extra C, $7.80; golden C. $S 60. - HONEY New, $8.00 per oase; bulk, 18c per lb. RICE Japan style. No. 1. 6c; Blue Rose. 9e per lb.; New Orleans head, 11c SALT Coarse, half ground, 100s, $17.25 per ton; 60s, $18 75.; table dairy, 50s, $27.25; bales, $3.50 0 4.00; fancy table and dairy, $34.50; lump me. $26.50 per ton. BEANS Sale by jobbers: Small white, So lb.; large white, 6e; pink, 7c per lb.; lixnaa, 10c; bayou, 9 Ike: reds. 7 Ho; Oregon beans, ' buying prices, nominal. CANNED MILK Carnation, $8.00: Borden, $6.00; Ator. $5.90; Eagle, $12.50; Libby, $5.90; Mount Vernon, $5.90 per case. COFFEE Roasted. 19042c in sacks or drams. SODA CRACKER8--In bulk, 18e per lb. . NUTS Walnuts. 23 0 26c per lb.; almonds, 27Hc028c; filberts. 82c in sack low; peanuts, 14 H 0 15c; pecans, 25c; Brazils, 35c Rope, Paint, Oils ROPE SisaL dark, 16c; white, 18o per Vb.i Undsrd 'Manils. 26 He LINSEED OIL Raw, bbls.. $1.01 gal.; ket tle boiled, bbls.. $1.03; raw, cases, $1.16; boiled, eases, $1.18 per gsllon. . -. . COAL OIL Pearl ox water white. In drums or iron barrels, 17 He gallon; cases, 30c per gallon. GASOLINE. Iron barrels. 29c: cases. 41 He. WHITE LEAD Ton lota, 13 Ho; 500 lbs.. JS 4c per lb. TURPENTINE -Tanks, $1.41; eases, $1.88; 10 case lota, lc less. . Moos. Wool and Hides HOPS Nominal. 1920 crop. 25028c HIDES Calfskin. 8 10c; kipa, 7 0 8c; green hides, 6 0 6c per lb. MOHAIR Long. 25c; short. 15c TALLOW AND GREASE No. 1 tallow. Be; - CASCARA BARK New, 8e lb. WOOL Coarse,- iOc; medium. 20c; fine. 25o per lb. 5 " , - - Chicago PoUto Market Chicago. Dec 21. (I. N. 8.) Potatoes . . Receipts, 83 ears. TJortbera Whites, sack. $1.45 01.63; bulk, $1.50 01.60; Idaho Rurais. sack. $1.60 J.0, - - ' New Tork Potato Market - New Tork. Dec 21. (L N. 8.1 Potatoes un Duix, parrel or nag) Market steady. Nearby whtite. $2.50 04.25; Bermudas, $7.00 012.00; Bautherns, $1.60 03.00. Sleeks, Beads,' Cettoa, QraJa, Bte, 11$ 111 Hoard of Trad. Bsllulaf Overbeck&CookeCo. DIRECT PRIVATE WIRES . TO ALL EXCHANGES , XgsBbers CbJeaf Board ( Trad " Corregpoadeau of Loraa Bryaa Caleact ; a,w Terk Light Trade and Wheat Price Is v Mixed at Opening Chicago, Dec 21. (L N. a) After working to higher levels early, mainly In sympathy with strength In coarse grains, wheat turned weak' late In the session on general selling Induced by continued decline in stock market, to gether with lower cash premiums. Corn and oats manifested Improved strength early, but lost much of their early gains near the last when wheat dropped. Unfavorable weather, with rain and storms, reported over many parts of the grain belt, led to considerable support early, particularly in coarse grains. Provisions closed higher. Resting prices for December wheat were at declines of 2 cents, March dropped 2c and May 3c lower. Decem ber corn advanced lHlc, May.c up, and July c higher. Chicago, Dec 21. (I. N. 8.) A light trade featured wheat at the opening, with local pro fessionals the best aellers. Buying power was weak until the decline ran into resting orders held by commission houses. December started slow. Much and May were unchanged to He lower. Corn started unchanged to e lower, with a very light roiled trade. Trade in oats was also featureless. The mar ket opened unchanged to He lower, each bouse taking scattered offerings. Provisions were steady, with little offered and not much wanted. ' Chicago range of prices furnished by United Press: WHEAT Open. High. Low. Close. Dec .,..,..171 172 168 168H March 164 168H 161H 162H May 161 162 H 1574 158 V CORN Dec 694 72 69 H 71 H May 74 76 73 H 74 H July 754 77 74 75H OATS Oec 47 48 47 47 May 49 H 60 H 49 49 H July ....... Nominal 49 PORK Jan. 2225 2285 2225 2285 LARD Jn- ...... .1287 1312 1287 1292 May 1320 1360 1315 1342 KIB8 Jan. ,,....1142 1142 1130 1137 May 1190 1215 1180 1210 . Cash wheat: -Na 2 spring. 1.77. . BYE Dec. .... 167 158 156 168 B May ...i 151 148 140 140 BARLEY Dec ....... ... ... 68 N May .... 71 ... ... 71 B SELLING OF COTTOX ABSORBED BY THE LIVERPOOL PURCHASES New Tork, Dec 21 (L N. 8.) Cotton market opened steady today and selling by Wall street and the South- was absorbed quickly by Liverpool and commission houses. October contracts re ceived the best support and started three points mgner, wmie other options were unchanged to 15 points tower, the whole list later selling back to lsat night's closing level. The market was weak late in the day, many stop loss orders beimr received on th iWlin The close was steady at net decline of 1S 28 points. Spot cotton wss ouiet todav 25 mint lnr at $15.25. No sales. Month Open. High. Low. Clone. Jan. ...i... 1490 1506 1458 1478 Feb. ....... .... .... . . 1470 March 1475 . 1505 1446 1462 April .... litis May ....... 1490 1512 14n uii June .... .... 1475 July ....... 1503 1518 1465 14H0 Au 1490 Sept. isnn Oct 1511 1528 1480 1495 Dec. 1475 1495 1460 1473 AMERICAN LIVESTOCK ' PRICES Chicago Hogs 9.S Chieagoi Dec 21. -II. N. R 1 itnn eeipts. 4 5.000: mostly 10 15c higher: bulk. $9.109.25: tops, $9.45; heavyweight. $9.00 9.25; medinm weight, $9.05 $9.40; light weight, $0.15 9.40; light lights, $9.259.50; heavv PlAkinff anwm imnMh Sfi fi K o m . . - u vy . w , pacs.- ng sows,, rough. -$8.75 8.85; pigs, $9.10 - Cattle-t-Keeeipta, 10.000, steady to strong. Reef ateers. medium an1 lii.n.ii l i in tk a 14.50; choice and prime. S12.75 a 14 so medinm and good, $8.25 0 12.75; lightweight. $-9.75 14.25; good and choice, $9.75 14.25; common snH mwlinm c ct nutat nn t.. . . u. , w u II U cattle Heifers, $4.50 10.25: cows. $4.25 o.oo; ouua, .0OW7.85. Canners and cut ters Oows and heifers. $2.75 0 4.25: oanner tMrs. II KAasnn. i i , .- i. . . - : " . . , win iitaa& ana 5ndTWifbt. $8.0010.00; feeder steers, $6.25 9.00; stacker steers, $4.257.75;. stocker cows and heifers, $4.25 6.00. West- ' iu nen sieers, s j.UU 1U.U0; cows and heifera, $4.60 8.25. . "T? KecHta. 12,000, 25o higher; lambs , . , , , . i-. , , lamos, culls Yk .nCZnJDrIU .009.00: T-arling wethers, $6 508.50; ewes. $3.254.50; ewes, culls and common, S1.50 a .t.Oo- hr.ir $4.00 5.60; feeder Umbs, $8.50 10.00. vmmnm nogs .o V, " "SVT? i- n. o. Hogs Receipts, 650; active. 15c to 25e hurhir. ulk, $3.809.15; top. $9.25. i. v oeei steers ana butcher stock. 25c to 50c higher. Beeves. .o. veau, steady; stackers and feeders, steady to strong. Sheep Receipts. 4000; all elasses 60c high-Sr,-, 4 tof on bunbs, $10.50. some held at l 75 ' ' ew -5: 0P feeding lambs, Ovsr Hogs $9.30 Denver, CoL. Dec. 21. (U. P.) CatUe ceipts. 1200; steady. Steers. $7.00 9.60; 7.Qd.,h?n',,?V M-506.50; stockers and feeders, $5. 50 7.7 5: calves. $7.50 12.60. m-HH?rVleeipt' 1000; l5o to 25o higher Top. $9.30; bulk. $8.70 9.25 t o r AKeceiPu. none; steady. Lambs, Iriolftoo ; eWM- 2-80"-25s Kansas city Hogs J)B ?" City. Mo.. Dec 21 L N. S ) Vn?"'1- 70?0:v. !iht- Steers, 7 00 10.00; cows and heifers. $5.901100- loioo 4 00T 0: i'. 7 00 hihi i 7s.l,QL05: i1"1- $8.759.00; hk 8-"5 00; mediums, $8.80 9.05. $9 3Q?:lpt3- X9i J Lambs. $9.30 10.10; ewas, $4.00 4. 50. .' ' SeaUJe Hogs $10.60 fteattle, Dec 21.(L Ji I S ) HoesIte omptj. 186 steady. jTSTJ 1060; medium - to choice, $1025 11.25; EftnJVTo?- 7-007.50; smooth , tasr 8431 we4k- Prime steers, JL-f '. : vnmn to good, $5.006 60 SSerT $6O-50C; 708.00; . bea? eow, 5on. V!S -75; oommon to good. $3.50 4koTbu fitSoW6-00-- issahav T.0 ,,'ett' ifmbis? f 40P6To? ,New Tork, Dec 2 1. (I, n 8 i - rw,.. Jan.. Feb. and March, offered ll. W13 : 4 ir-' ? W. offered uZgtt&U. F. and WHEAT TREND HAS A GOOD OUTLOOK TUESDAY WHEAT MARKET Bid. Loss. Hard white. ....... .L$$ Soft white '..1.65 te White elnb US $c Hard winter Ul (e ; Korthera spring ........... IA9 te j Bed Walla 1.47 te j LlvESTDGK MARKET UNCHANGED HERE NORTHWEST GRAIN RECEIPTS ' (Reported by Portland Merchanta Exchange.) -Cars- Portland, Tnes.. Tear ago Season to date. Yesr ago. Tacoma, Mon. . . Tear ago .... Season to date. Year ago . . . . Seattle. Mon. Year ago Season to date. .Year ago . . . . Wheat. Barley. Flour. Oat. Hay. . . 78 1. 2 4 . . . 8 ..8382 167 485 288 1133 ..5020 126 2121 347 909 46" S97S 8669 13 10 2936 3482 44 60 1 1 177 174 600 1 193 411 1 72 119 "8 246 427 521 644 7 2 999 751 By Hymaa H. Cohen Continued heavy buying of wheat by Europe is confirmed and the general cash situation ie showing real strength. Were it not for the feeding of the short by some of the overburdened growers, the situation would undoubtedly be much stronger and the price higher. While I have persistently said for many months that wheat would be forced too low by the inter rational clique and that some day the short sellers would be brought up with a short turn, practically all newspapers and grain interests re ported that the market was going to pieces. Recently many of the leaders have Joined The Journal's side of the market. It wae now been demonstrated beyond a doubt that more wheat has actually been sold short to foreigners than can possibly be delivered from this country un less the home population is forced to go without wheat bread. -Not only are foreigners anxious buyers of wheat in the face of declining foreign ex change, a Terr serious situation for them, hut it develops that all wheat cargoes received abroad are instantly unloaded and go into con sumption channels. FLOUR Selling price, mill door: Patent, $9.80; Montana spring wheat, $8.75 9.00; Willamette valley brands, $8.15; local straight, $7.90; bakers' local. $8.75; graham, $8.00; whole wheat, $8.20. Price for city deliveries, 15c extra; suburban, 20o extra, HAY Buying price, nominal. Willamette timothey, fancy, $29.00 30.00 per ton; clover, $22.00; cheat, $23.00; straw, $13.00 14.00; grain, $25.00; alfalfa. $22.00 23.00 per ton. GRAIN SACKS Nominal. No. 1 Calcutta. 10c; domestic, 11c, in car lots; less amounts higher. MlLLSTTJFFS Mill ran at mill, sacked, ton lots, $35.00 per ton; carloads, $34.00. , OATS Per ton, buying price; Feed, $33.00 & 36.00. BARLEY Buying price: Feed. $30.00: mill ing, $30.00. oltD Buying price, nominal; no demand. Red clover, rec leaned. ( ) per lb.; alaike ) ; vetch, ( ). FEEDSTUFFS S O. B. miUs: Rolled bar- ley, $51.00; alfalfa meal. $32.00; cocoanut meal. $37.00; cracked corn. $50.00; whole com, $47.00 ton; scratch feed, $63.00; soy bean meal, $57.00; linseed meal. $74.00; whole oats. $50.00; rolled osts, $53.00 per ton. ROLLED OATS-Selling price, $10.00 bbl. MerchanU' Exchange bids: WHEAT Dee. Hard White , . . 8oft White White Club ... Hard Winter . . . Northern Spring Red Walla No. No. 2 White 2 Gray .. FEED ,160 ... 155 ... 155 ... 150 . .. 150 . .. 147 OATS .. .8550 Jan. 160 155 155 150 150 150 Feb. 160 155 155 150 150 150 8550 3550 -No bid Brewing Feed ., No, No. BARLEY .... 3200 . 8200 .- 3100 3100 CORN. S Eastern (bulk) ...3400 3300 8 local (bulk) No bida- 8200 3100 8300 TRANSACTIONS IX HOUSTON OIL BEING INVESTIGATED New York. Dec 21. (L N. S.) Inroortant developments in financial circles were expected today following the request of the stock exchange authorities for a report on all transactions in Houston Oil, between December 14 and 20. Houston Oil waa selling aa high as 82 on De cember 14, but In the days following it broke violently and closed yesterday at 66 . a new low mark for the year. It was declared there were no developments in, the affairs of the enmpany to warrant the sensational decline and the action of the stock exchange officials is believed the result of rumors of large profits made by professionals in selling the short stock. COAST DAIRY PRODUCTS OF THE 8 an Francisco Market San Francisco. Dec 21. ( V. P. Butter Extras, 51 He; prime firsts, 49e; firsts, 47 He. Eggs Extras. 70 He; extra firsts. 70e: ex tra pulleta. 67c; undersized, 65c Cheese California flats, fancy. 29e: firsts. 26c. Seattle Market Seattle, Dec. 21. ( L. P.) Butter City creamery, cubes. 52e: bricks, 63c Eggs Fresh ranch, 68c; pullets, 48 50c Milk $1.70. ' Cheese 3 0c. Lee -Angeles Market Txis Angeles, Dec 21. (I. N. 54e. Eggs Extras, 68c; ease count, 64c. S.) Butter, 66c; pulleta. POTATOES ALONG THE COAST Los Angeles Market Los Angeles, Dec. 21. (I. X. S.) Potatoes Stockton Burbanks, $1.752.25. arcordina to. quality; Idaho Russets, mostly. $1.85 Q0; local, mostly, 90c $1.00 per lug. New Tork Batter and Xgg New York. Dec 21. (L N. 8.1 Rntty-r Firm. Creamery extras, 55 58c: ereamerv firsts, 43 56c; creamery higher scoring, 58 69 c; state dairy tubs, 30 53c: renovated extras, 40c. , Cheese Irresmlar. State whole milk mmili 24 28c; state whole milk fancy, 22 25c; V isconsin whole milk, fancy Young Americas, 27 29c: state skims, specials. 18 20c: star skims, choice, 15 17 He; stats skims, good. 12 14 He Eggs Firmer. Nearby whit, fancv. 84 a 85e; nearby brown, fancy, 79 80c; extra, 78e asked; firsts, 73 75c. Chicago Dairy Produce Chicago, Dc 21. (L N. a.) Butter Re ceipts. 7046 tubs. Creamery, extra, 62c: firsts. 384Sc; packing stock, 15 22c tggs Ueceipts, 2149 cases. Miscellaneous, 64 60c; ordinary firsts, 65 59c; firsts, 63 64c: extra. 67c: checks. 45 (is 60c; Hirtion. 45 65c Cheese Twins, new, 21c: daisies, 22-L xTici lonnj Americas, :ezc: longhorns. 23 H 24c; brick. 19c. Live poultrjr Turkeys, 40c: chickens, 18 25c: springs, 25e: roosters. 18c: eeeso 2fie- ducks, 28c . - , Dee News Note Dee. Or., Dec 21. Frautchy Brothers rounded up their beet cattle this week and found that all were in fine ennditinn Tnnn in the mountains has been excellent. , Winson R. Winans has hnnrht a ntnri nt 1A sheep, the only sheep owned in this locality, - , O. R Collins has the only herd of dairy cat tle in this vicinity. The stock is from the Ed Carey herd of Carlton, Dried Fruit aad Beaas V. nw Tn.fc T U. l ll j c w . Market dulL Marrow, choice. 9e: nee- ehoim. 5 5 He; red kidney, choice, 10c Dried Fruits Market, small demand. Apri cots, extra choice to fancy. 27 36c; apples, evaporated grime to fancy. 6 12c; prunes. 30s to 60s, 12 20c; prunes, 60a to 100s7H 10 He; peaches, extra, choice to fancy, 18 ft 21 He; seeded raisins, choice to . fancy, 24 2c Argentine Exporter Combine Rnnrm Attm AivmHtii ru i . a . " : - --e capurv mrm iormincr a combine not tu sell any of th new Mason's wheat crop unless fmirn bCT ers asree to day til mv.rt . n;.k .. fOTernmeat mifbt impose at airy time. sjj - . n Franolaoo Mark si J?i-JS 185; Slin5' 3-25! "reVta; Onions Tellow and white, $1.S01 75 Australian brown, 0c$1.25. . New Tork Sugar and Coffee oJer r7wT u- P- - Snw TUESDAY HOG MARKET Tone. Top. .....Steady $1$.8 .....1 He Wrier $.4i ..... 15 2fte higher t.I5 Stroaa; - .$ IS if Sic higher $M Portland .. Chicago Omaha ..... Kaasaa City Dearer ! 4 POBTLAND LIVESTOCK RUN Hogs. Cattle Calves. Sheep. Cows. memay ... zoa, 44 1 .... 4 Week age. 191 .... .... .... 2 2 Weeks ago. 266 4 .... 683 6 4 Weeks ago 311 256 74 835 19 Tear ago. . . 636 576 78 41 SO 2 Tears ago Holiday STearsago.. 869 142 .... 30 6 4 Tears ago. 1638 151 1 15 28 Only rour new "loads of livestock en tered the North Portland yards for the) Tuesday trade. Hogs were steady, cat tle steady to weak while sheep were nominally steady. In the hoc alleys there were light arrivals for Tuesday. Trade was about as quoted on Monday, with no price change and general mar ket conditions about steady. General hog market range; Prime mixed $9.50 10.25 9.25 7.00 8.00 7.00 9 75 8.25 9.25 8.60 Smooth heavy nougn heavy Fat piss . . Feeder pigs Cattle Trade Mixed At the extreme price of $8.75 for top steers it would take exceptional quality to confirm sales at North Portland at this time. For the Tuesday morning trade there were light ar rivals and prices ruled about steady with av erages about the same as Monday afternoon. - oenerai cattle market range: 8.75 8.00 7.50 7.00 6.50 7.00 6.25 6.50 5.00 4.50 3.50 6.50 Choice steers $ 8.00 Good to choice steers 7.50' Medium to good steers 7.00 Fair to good steers JS.50 Common to fair steers ...... 5.50 Choice cows and heifers .... 6.25 Good to choice cows and heifers. 5.50 Medium to good cows and heifers 5.00 Fair to medium cows and heifers 4.50 Common cows and heifers 3.50 Canners .................. 2.50 Bulls 4.50 Choice dairy calves , 12.00 13.00 Heavy calves 6.00 11.00 Best light calves 10.00 11.00 Medium light calves 9.00 10.00 Choice feeders 6.50 7.25 Fair to good feeders ., 6.75 6.7S Sheep Supply Absent No sheep or Iambs arrived for the Tuesday trade at North Portland. Trend of the market was considered steady on a nominal basis. General sheep market range; East of mountain lambs ......$ 7.00 Willamette valley lambs 6.00 Cull lambs 5.00 Feeder lambs 6.00 Tearlings 6.00 Wethers 6.00 Ewe 1.00 No Market Christmas According to announcement by the Portland Livestock Exchange, no trading or weighing of cattle will be shown Christmas .day, Saturdsy.J i oe stoccyaras company announces that live stock will be cared ror as usual and all arrivals will be-unloaded and fed here Monday Afternoon Sales STEERS 8.00 7.00 6.00 6.00 7.00 6.00 4.00 No. Ave.lbs. Price. I No. Are. lbs. Price. 2... .1095 $ 5.00 4.-. ..1047 $ 6.50 2.... 845 6.25 12.... 971 6.50 10. ...1)45 8.00 4.... 860 5.00 26.... 985 6.60 27.... 948 6.50 10.... 1008 6.50 10.... 922 6.45 3.... 766 3.50 6..., 1108 6.25 9 964 7.25 7.... 835 6.00 2. ...1005 6.25 25.... 959 -A.25 10 . 941 6.85 2.... 825 6.00 4. ...1057 6.50 2.... 970 7.50 2.... 990 7.00 2. ...1165 6.50 3. ...1020 6.50 25. ...1126 ' 8.00 CGWS 7.... 930 $ 6.00 24.... 978 $ 6.60 12.... 966 6.00 25.... 720 5.65 7.... 637 4.75 6.... 881 8.00 5.,.. 862 2.00 6.... 785 8.25 4 670 8.25 4.... 937 8.25 6 937 3.25 6.... 808 '8.25 3. ...1140 3.50 8.... 907 8.50 17.... 926 6.00 6.... 993 6.06 10.... 931 6.00 2.... 960 4.50 3.... 873 4.50 6 942 4.50 2. ...1015. 4.50 3.... 860 4.50 8... 920 4.50 2.... 945 5.15 2.... 900 3.50 6..,. 650 6.25 9 1045 6.00 2..,. 930 5.00 28 1137 6.25 3 1040 : 5.50 9 996 6.00 12 950. 6.90 3.... 823 6.90 12.... 987 6.70 9 760 5.75 29.. ..1054 6.40 22.... 960 6.00 21 985 5.50 .... 845 6.00 28.... 867 6.50 11.... 820 6.00 29 1059 6.10 8. ...1108 5.00 13. ...1145 6.00 4. ...1150 6.00 2. ...1100 4.00 17. ...1008 6.10 69 1024 6.30 5.... 868 2.50- 2 446 - 2.50 ft.... 944 5.50 5 . 900 6.25 2.... 1150 6.25 2 930 6.25 24.... 875 6.25 15... .1036 5.50 8 1046 6.50 22.... 933 5.50 2.... 880 5.65 5..,. 884 4.50 2.... 895 3.00 10. ...1074 6.75 8 1033 6.00 15. ...1060 4.00 5 1084 4.00 21 1017 6.25 80 906 6.25 25. ...1025 4.75 13.... 1101 5.00 28. ...1005 6.25 CALVES 1.... 160 $12.00 2.... 280 $ 8.00 17 880 7.00 6 . 221- 10.00 11.... 354 7.50 29.... 335 7.50 29.... 335 7.27 BULLS 1....1620 $ 8.75 1 1120 6.25 8.. ..1022 5.25 2.. ..1100 , 4.50 1.... 1160 5.00 1....1490 5.90 1....1280 5.50 2.... 990 5.50 1.... 400 : 6.00 - 1.... 660 6.50 1.... 010 5.00 1....1200 5.52 7 1104 4.50 3.. .,1166 5.00 8.... 720 '-r 4.55 3.... 710 4-50 1.... 920 6.90 2.... 130 $ 3.00 MIXED 21.... 650 $ 5.25 6.... 931 $ 4.50 13.... 610 4.50 32.... 808 5.15 9 650 5.50 31 720 6.90 HOGS 14.... 195 $10.15 100.... 190 $10.25 3.... 286 10.25 70.... 171 10.15 39.... 195 8.15 78.... 184 10.15 6.... 688 9.50 -3.... 286 8.15 9.... 203 10.15 1.... 240 8.15 84.... 203 10.13 1.... 250 8.15 8.... 286 8.15 1.... 270 6.15 3.... 266 9.65 3:... 270 9.65 83 214 10.25 11.... 194 8.25 90 202 10.15 32.... 143 9.25 21.... 228 9.25 1 290 5.00 4 237 8.00 20.... 171 9.75 24.... 162 9.50 4.... 222 9.75 4.... 375 8.60 1.... 260 9.50 3.... 103 3.50 4.... 225 8.50 13.... 216 9.75 LAMBS 10.... 10S $ 6.75 29.... 67 $ 7.00 EWES 85.... 92 $ 2.50 i 242..... 98 $ 2.85 150.... 86 2.50 238.... 85 2.00 TEARLINGS 5.... 100 $ 6.50 j No. 1. Av. lbs. ...1050 6 978 25.... 994 26... 27... 7... 1... 1... 13... ... 1... 195 198 158 200 $50 287 190 90 Tuesday Morning STEERS Price I No. I 6.25 I 2. COWS 2.50 5. CALVES 6.85 j HOGS $10.00 10.00 8.50 8.50 8.00 10.00 10.00 10.00 SahM Av. lbs. Price ...1015 $ 6.25 ..1075 4.25 2.. 16. . 2.. 1. . 1. . 3.. 2.. 210 122 130 320 190 846 235 $10.00 a. so ' 8.50 8.00 10.00 7.50 7.50 KInneapoUs-Dalatfe Flax Dulirth. Dec 21. (L N. 8.) Flax Dec, 197; January, 199; May. 208; track and arrive. 199 H. Minneapolis, Dec. 21. (L N. S.)v Flax Track and arrive 200 201. Naval Stores Market New Tork, Dec 21. (L N. 8.) Turpentine: Savannah. 92 H ; no sales.; N. T., 78c Resin Savannah, 11.00; N. Y., 8,60 8.75. RALLIES QUICKLY FOLLOWS DEdIN E New Tork. Dec. 21. (L N. 8.) Acute unsettlement ' featured- a day of sensa tional trading of the stock market today. Following a wide open break in Replogle Steel, . the bear element succeeded in causing sharp depressions in Che entire list industrials as ' welt as . railroads and broke over a score of stocks to new low marks for the year. It was the most vigorous decline 'the market has yet suffered since the down ward movement started. 'The range of the decline was from 3 to 20 points. At times a condition of absolute demoral ization prevailed, broker throwing over large shares of stocks without regard to value. In the final trading there were some strong rallies, some stocks advancing from 1 to 4 points. Steel common showed special , resist ance for a time, but under heavy offer ings dropped in the late afternoon to a new low record of 16X,, recovering to 77 at the close. St. Paul 'common, after crumbling away to 21, a loss of .over 4 points, came back, at the close to 24. Nearly all of the industrials made new low records for the year, Baldwin touch ing 81 and Crucible. Steel 75. Mexican Petroleum dropped to 152 and then re covered to 1554. Replogle Steel closed at 50, down 19 points for the day. Read ing broke through 75, but came back to 75 at the finish. Southern Pacific fin ished over 3 points lower, at 93. New low scores for the year were made in Pierce-Arrow, American Car & Foun dry, American Can, American Beet Sugar, American 'Woolen, - Anaconda, Bethlehem Steel B, Central Leather, Corn- Products, General Electric, International Paper, Republic Steel, Studebaker, In dustrial Alcohol, American Internation al, Sears-Roebuck, Vanadium Steel and Sinclair. Government bonds unchanged ; railway and other bonds weak. Total sales today were 1,770,500 shares, bonds $34,441,000. New York, Dec 2L (I. N. S.) The stock market continued under pressure at the opening today, losses ranging from fractions to over 1 point being sus tained. Many issues sold down tojnew low marks for the year. Anaconda con tinued in supply, declining 1 to a new low for the year of 30. Steel common got down to its previous low of 78'. Crucible yielded 1 point to 79 and Baldwin Locomotive fell to 85. Mexican Petroleum azain had the widest range and after dropping; IK to 166 H 'ad vanced to 158 H. Cuba American Sucar re sponded to the favorable statements published yesterday, advancing 2 H to 24, from which it reacted to 23. Houston Oil, after selling up to 57, dropped to 55 H- American Car A Foundry dropped IK to 116 H. After the early recessions the market showed improvement. Steel common rallied to 78 H. Houston Oil to 57 H. Kepublic Steel, after selling oft to 57, came back to above 58. The rails held finm and showed little chance. The copper issues featured the market during the forenoon, nearly all of these issues selling down at new lows for the year. The steel industries, after holding firm for , a good part of the first hour, turned heavy.. . Motor stocks also showed substantial de clines and oil stocks were irregular. A violent decline of 18 points in Replogle Steel to 61 unsettled the industrial list during the early afternoon, many issues getting down to new low marks. Vanadium Steel 'sold off over 6 points to a new low mark for the year of 20 H. Cococola dropped 2 points to 18. Steel common yielded to 78 H. Baldwin broke 3 points from the high to a new low for the year of 83. STOCK- Alaaka Juneau ........ Allia-Chalmers '. . ...... . Am. Beet Sugar. . ... . Am. Can Co.......... Am. Car & Fdy. ....... Am. Cot. Oil Am. Express ......... Am. Hide & Leather.... Am. Ice Am. IntL Corp , Am. Linseed ......... Am. Loco.. ..... Am. bat. Razor....... Am. Ship 4c Com Am. Smelter .......... Am. Steel Fdy. Am. Sugar ........... Am. Sumatra . Am. Tel. A TeL. ...... Ani, Tobacco ......... do "B" Am. Wool Am. Zinc ............ Anaconda ........... Associated Oil ........ Atchison .............. Atlantic Coast Line AO. Gulf A W. I Baldwin Loco hiit. & Ohio . . Bethlehem Motors P.uoUi Fish Brooklyn R, T. Butte C. A Z. Butte A Superior ...... Caddo OU Canadian Pacific Central "Leather ( Vrro de Pasco ....... Chicago A N. W Chicago Gt- Western Chile Copper ......... Chino C.. M. A St. P C. A O. Colo. F. & I Cole Southern CoL Gaa Else H1UH. LOW. BID. 1 14 28 27 27 36 32 33 22 21 21H 117 H 113 114 H 16H 15H 15H 110 5 38 33 30 H 31 46 42 45 78 74 744 ..... 6 8H 33H 34 27-'i 27 H 27 83 H 82 83 V4 67 H 65 H 6 95HI 95 I 95 110 HllOOH 1105 I I U04H 60) 56H 57 si I 81 HI 80 - 88 H I KO 79 77 H 103 H 86H 31 8H 11 1111 32 26 64 H 7H 8 17 25H 54. 25 54 v 5 80 H 80 , 774 MS 100 H 81 30 2H 8H 9H 4 8H 10 110 H 31 H 25 H 61 6H 8 16 24 51 22 2- 52 HI 53 100 81 30 8 11 110 81 25 62 6 8 16 21 51 22 City of Vancouver B. C. 4i Gold Bonds Denom. 100 ($436.66) Dated Due Dec 15, 1913 , Dec. 15, 1923 Payable Principal and Interest in U. S. Gold Price 90.83, Yielding 8 Ralph Schneeloch Co. MUNICIRXJ. AND CORPORATION TTNAJCX .-. LUMBCRMCNS BUILDING " PORTUND. CsSXSXM. STOCK Consolidated Gas ....... Cons, Cirars ........... Corn Products ......... Coeden Oil ........... C. tt. L AP. ..... Crucible . , leL 4 Hudson i....... . E. G, Erie. Fed. Mia. at Bmelt...... Fisfc Tire , Gaston Wras, .......... , Gen. Cigars. ........... Gen. Electric ......... Gen. Motor ........... Granby ............... , Great Nor. Ore. Great Nor. pfd.. ...,.. Greene Cananea ........ Gulf 8. Steel Hask Barker, i Houston Oil .......... Illinois Central......... Inspiration Int. Agr. Corp com...... Interboro . Interstate Callahan Int. Harr Int. Mer. Marine... Int. Nickel ., Int. Paper Inrincible OU Island Oil i ........... , K. C. Southern. . v Kennecott Lack. Steel , Met Pet. . . , Miami Middle States- Oil. ..... ... Mid vale Steel Mo. pac Mont. Ward Nat. Enamel .......... Nat. Lead ............. Nevada Con. , New Hren ........... Norfolk A W. Nor. Pac N. T. Central Okie. Prod, ref Ontario & Western ...... Pacific De. . ... i .... , Pacific Gas at Else Pan Aran. Pet. ........ Pennsylrania ......... Peoples Gas Pure Oil Pierce Oil Pressed Steel Car ...... Pullman . ............ Ray Cons. Reading . Replogle Steel ......... Republic I. & S Royal Dutch Oil Shell T. T. ....... . Sinclair Southern Pacific ........ Southern Ry. .......... St. L. efc 8. F: Studebaker Tenn. Cop. ft Chem..... Texas Oil Texas Pacific C. oc O . . . . Tobacco Products Union Oil Del. Union Paeif io ......... U. S. Ind. Alcohol 0. 8. Rubber V. S. Smelting C. S. Steel , Utah Copper .......... Va. Chem. ............ Vanadium Steel ........ Wabash Wells Fargo Western Pacific Western Union Westinghouse E. it M. . . . Willys-Owland . HIST 75 64 H 26 24 81 Low 72 i 34 21 75 1 12 10 2 03 118 13 26' 71 17 62' 64 83 29 95 11 12 43 H 21 H 4H 16H 16 47 159 15 11 30 16 13 65 8 1H 95 75 H 08 73 89 H 80 31 10 77 97 10 81 69 58 56 87 22 97 19 89 ii 114 "6i "78 47 35 1 11 '9 2 52 116 12 25 70 16 51 55 83 28 94 10 11 88 21 4 15 IS 46 153 14 10 29 14 12 65 8 15 93 72 00 71H 38 29 30 9 78 96 H 10H 74 H 47 55 54 33 20 92 18 37 40" 112 58 H 76 44 28' Bid 71 61 62 25 22 76 93 11 3 i: 9 2 62 116 12 15 25 70 15 -27 52 58 83 . 29 9 8 5 94 10 11 38 20 H 4 16 15 46 154 14 11 29 i 14 12 45 63 8 15 92 73 66 3 16 18 44 71 38 80 80 9 74 97 10 75 49 56 55 34 H 20 93 18 18 38 6H 40 29 48 20 112 69 . 69 31 76 46 27 29 7 51 23 80 40 5 was noted at i" 83.68 ! franca.' .0505: lire .0845, marks .0138 and Canadian dollars .8425. franca. .0509; lire, .0842: Bit cables, .0348; w...b. (IIVT. - 1, J .. 11 n . x, . . . . . ww.. . w , u , miwunn wmsre. .oiw, aanna kronen. .1510. . ITew Tork Wool and Hides New Tork, Dec 21. (L N. ft.) Wool-. fUeady. Domestic fleece XX Ohio, 2952e: domestic polled scoured basis, 80 7 5c: domestic Texas scoured basis, 600Se domestic staple scbured, 65cfl.05. Bides Quiet. Netwe steers, 1818e: branded steers. 14 15 e. . Liberty Bond Rales , ' . (Reported by Orerbeck tt Cooke Co.) High. m. Close. Liberty, 8 s 9000 8982 898J Liberty, 2d 4s MOO ((350. 8350 Liberty, Is 4 s. ...... 8510 H480 . 850 Liberty, 2d 4s, 8420 H.13 8360 Liberty, 3d 4s. ...... 80411 8570 8610 Liberty, 4th 4s. ...... 8430 8888 8409 Victory, 4s 9500 94M6 9494 Victory. 3s 9500 9484 9486 Sau Francisco Barley Call San Francisco, Dec 21. Barley calls: May. 31.41 sales. . Total sales of stocks. 1,713,800 shares. Money and Exchange New Tork. Dec 21. L N. fi.) Can money on the floor of the New Tork stock ex change today ruled at 7 per cent; high, 7 per cent; low, 0 per cent. Time money was stesdy. Rates were 7 7 per cent. The market for prime mercantile paper was stesdy. Call money in London today was 4 per cent. Sterling exchange was steady, with business in tankers' bills at 33.52 for demand. Forelsra Exchange Market New Tork, Dec 21. U. P.) Foreign ex change opened higher today. Sterling demand Standard Oil Spends Millions "CASPER, Wyo. The Standard Oil Co. and the Midwest Refining- Co., who now employ more than 4000 people in their refin eries here, will by July 1, 1921, spend more than $15, 000.000 in plant extensions. Huge - forces of construc tion employes are now at work. The refining capac ity of the Standard Oil plant will be more than doubled with the comple tion of Its new buildings and equipment. The pres ent reflnine; equipment of the company includes 111 stills. There are now be ing added 135 new stills. , The plant of the Midwest Refining Co. is the scene of great activity. Upwards of 15,000,000 is now being spent by the Midwest in , plant extension. "A new Issue of 1 to lf year 6 per cent, serial pay ment. Street Improvement Bonds has Just been deliv ered to Freeman, Smith St Camp Co., Portland, Ore gon, who will offer the bonds to the public at 97.50 and accrued interest, to yield from 6.35 to 7.51 per cent, according to ma turity. Mr. Freeman of the Portland i office of the company spent some time here familiarizing himself with local conditions, con ferring with city officials and. the management of the big refining companies." Ask for Circular J 78 CAMP CO. SMouNn noon saVMBSBMCNa sSUILMM Fifth and Stamk Standard Oil Company Of ITw York, 7 Serial Debenture Bonds i Dated January 2, 192J. Due January 2, 1925-1931 ' Denominations 1100, 1500 and SI000. These bonds represent the only fonded debt of the company. PRICE 166 AND ISTEBEST blyth: Witter. I VmEOtSBSEi GCIVESJVIEirr KCNICJPAI. AKD OORPCasATIOIf BOKD5 Saa Fraaelseo TEOJT BTJIXDIITG,' PORTUklfD Telephone Mala 818S Seattle jfew Tork loi Angeles I Taxes for 1921 MULTNOMAH County has 'an increase of 1824, 630 over that ! of 1920, which was 2,025,487. Are' you takin this into c o n s i d eration when, writing new leases? We offer advice to cli ents upon this subject. S trenf fi HscllatifMcn j When Men Used Stone Hatchets: , The great Redwoods which comprise the ma j or security for this $400,000 issue were saplings and that was, several thousand years ago. The notes are backed by more than $2,000,000 worth of Cali fornia timber landsand over $1,000,000 worth is Redwood one of America's r a rest com mercial woods. - i These bonds are of such general excellence that they are Legal Investments for Oregon Savings Banks ". - . i i Broadway and Oak 5-year 7 Gold Notes WHEELER TIMBER COMPANY Den. $100, $500, $1000. . PRICE 100 YIELD 734 IIAJ i . i in The investor who seeks every safe guard when purchasing bonds should first consider the responsibility and permanence of the bond house. Sixty- one years of continuous service is the record of the Ladd & Tilton Bank. A Substantial Utility Company of the raciric northwest We own and recommend for: investment First Mortgage 5 Bonds of the Pacific Power & Light Co Due August i, 1930 THIS COMPANY serves exclusively the famous V IV S . I- J ir.H arti a . - 1 . r. a waiu va,ieys m Washington, and Pendleton, The Dalles, Hood River aftd As torfal Seventy-five per cent of their gross earnings are derived from the sae' of electric light and power. Ml Mf PRICE TO YIELD M ll A i .. . , , , . PROFITABLE employment of money necessitates A that it have no idle hours. Inform us of your needs for investment of January interest, dividends or funds from maturing securities. We have avail able, or will obtain, securities to fulfill them. Th to 9 Yields Exempt From All Dominion Government Tax $S,M Gold Boads i ! Municipality of Assiniboia Province of Manitoba! Price 88.13; Yield 9 Dated Dec 1, 1920. Du De. 1, 1925. Denomination 1500. General ObllraUoa Gold A'otet CITY of EDMONTON Province of Alberta Price 95.24; Yield 970 Dated Sept. 1. 1920. Due Sept. X, 1922. Denom inaUon 11000. ts.m Gold irotei PROVINCE of ALBERTA Price 90.75: Yield 7V4 i Dated Mar 1. 1915. Due Mar 1. 1925. Denomination 91000. Principal and semi-annual Interest of the above bonds par able in United States Gold Coin In New York Cltr or at the offices of Morris Brothers. Inc. . SSa TKLKPHOMC OR TCLKaRAPH ORDERS AT OUR IXPKNtl MORRIS BROTHERS, Inc. KitablltktS , Over a Qsartor Ceatarr "Tks Premier Haslets! Boas Hsu' PORTLAND, 4 OR. M0RRI5 BLDG. 309.11 STARK BROADWAY 2151 inner winces at beatue. Tacoma, wssi. rn.ua tjan jrranciaeo. Ca sltal Ose XUlles BeUart SAFE DEPOSIT BOXES r