s
vHf rroEsa September -17, 1022.
I "WORLD'S WHEAT TRADE IS; INCLINED :TO, RULE WITH A VERY SLUGGISH TONE' FOR THE LAST -SIX DAYS
FOREIGN TRADE
IS BIG INFLUENCE
European Complications Have
Their Effect Upon Trade
Toward Week-End.
HEECHAXTS.EXCHANGB WHEAT BIDS
Hard Soft West Hara North. West
- white -white white winMr storing red
Toes. 1.20 1.08 1.08 , 1.04 1.04 1.01
Wed. 1.03 l.QS 1.05 1.83 1.00
Thur 1.18 1.07 1.07 1-04 1.04 1.00-
Fn... 1.18 1.08 1.08 1.05 1.05 1.02
Bat.. 1.13 1.0 1.10 l.OS 1.05 1.01
Vfeekr
ago.1.20 1.09 1 09 1.05 1.05 1.021
Tear
MO-1.11 1.11 1.11 1.12 1.12 1.08,
By'Hyman H. Cohen
European complications were directly re
sponsible for the better anpeaxance of the
wheat trade at the week end. While there
Wt no new business shown for Pacific, eoeat
wheat . for European loading, the imfrroTed
trend of the foreign and Chicago trade cre
ated a general air of hopefulness in the Pa
ri lie Northwest situation - Prices here con
tinue aomewh&t out of line with world's trade
conditions and until adjustment is shown either
by advances elsewhere or decline here, no
new bnsines is possible.
Exporters who sold short and chartered ships
for September delivery were the only opera
tors in the export market for the week. Hieh
premiums were still befog paid by these in
terests. Milling wheat sales are reported al
though bids are not quite so high as tfee
excited fisures of a week or 10 days ago.
Flour market reflected a fair tone for Ori
ental business, but at a further cut of 10 to
20o per barrel, while for local patent the
market has been quiet. Indications point to a
price around $6.50 for new crop bakers' bine
stem. Millstuff showed a Weaker tone with a
fnrtiier loss of $2 a ton during the week.
WHEAT Bu-inn price, tirft water track de
livery: Club, $1,03 0 1.10;. bluestem. $1.22;
Big Benu bluestem. Vl 25; Turkey red. tl.lo
1 13; red Russian. $1.04.
DOMESTIC FIXlCR Selling price, mill
doer: Patent, $7.20; Willamette valley
brands, $5.70 5.65 ; local straight, - $5. 45 ;
bakers' hard wheat, $7.20; bakers' bluestem.
$7.10; bakers' patrv, $5.80 per bbl. ; graham!
6.00; whole wheat. $6.20; rye. $6.80 per
bbL Price for city delivery. 15c extra; subur
ban. 20c tra.
EXPORT FLOCR Club straight, $4. TO;
bluestem, cut-off. $5.00 per bbL
HAY Buying price: Willamette timothy,
fancy. $20.00; Eastern Oregon timothy.
$22.00 per ton; clover. $17.00-; straw, $7.50;
alfalfa. $18.50; grain hay, $19:00. '
GRAIN SACKS Nominal, No. 1 Calcutta.
10a for jjew crop delivery. Domestic bags.
10c each
MIIXSTrPFS Mill run at mill, sacked,
ton lots, $27.00; carload lota, $26.00; mid
dlings, $3 8. 00 (S 3 9.00 per ton.
OATS ler un, buying price: Feed.
$30.00; milling. $32.00. . .
BARLEY Buying price: Peed. $23.00;
brewing, $29.00.
FEEDSTIFFS F. O. B. mill.: Rolled
Barrel, $36.00; whole barley, $34.00; alfalfa
meal. $30.00; cocoannt meal. $38.00; cracked
com. $37.00; whole corn, $35.00.
Merchants Exchange bids
WHEAT
Sspt
.$ 1.18
. 1.08
. 1.10
1.03
1.05
. . . . 1.01
fkeo oa rs
No. 2 3C lb. naturals.. $30.50 $30.50 $30.50
86 lb. clipps 29'.Ii0 29.50 29.."i0
88 lb. naturals..... 31.00 31. 0O 8l!oO
BARLE1
No bki3.
CORN
No. 2 E,Y. shipm'nt..$29.00 $29.00 $23.25
Low Feeder Rate to Interior
Needed by Cattle Men; Will
Be Biggest Aid to Railroads
BjBjViu H. (Cohen
The railroad companies can do -much to aid th.jttle Industry in holding
Its own against most adverse trade-and financial conditions. Thy have been
asked to make special rates on feeder and stocker stuff from Portland to the
interior, wniie tne specuie request was mace oniy lor
entry-into Central Oregon, it appears just as necessary
for a croner rate to be made into other sections of Ute
Portland territory.
There la no denial of the seriousness of the cattle mar
ket situation. Thousands of cattle are being dumped on
the market and; elsewhere along the coast when the
animals should be kept at home. Owing to the lack of
finances of many of the cattlemen, they have found it
necessary to market their immature cattle in a hurry.
The result is not only a demoralization, of the selling price
of cattle in the stockyards, but the likelihood of even
- greater famine later in the season at country points.
Low Rates a Cattle Seeded
A special low rate on feeder and stocker cattle is abso
lutely needexfTat this. time to save the cattle industry. It
is also needed to save traffic for the railroads, it the
railroads grant the lower rate on feeder stuff from Port
land to interior .Pacific Northwest points, it means that
they will ' receive three hauls instead of one. In ether
words, so far as. the railroad lines afe concerned, they
will do nraetieallv three carloads of business where' today
- under existing rates they would have but one car to haul.
They haul the cattle from the interior, rehaul Tt buck to the feedlots. and then
later haul it back to Portland,"' 16 is a costly process, but it, means salvation
to all concerned. '
The scarcity of money, and the poor condition which the cattle market has
been in for some time past, has forced rapid liquidation of many producers.
This liquidation has continued far beyond the period that leaders of the Industry
had believed possible. This continued liquidation has' so weakened the morale
of the market that many legitimate feeders have been forced to the wall.
Now Hate Weald Make Better Market
Establishment of a temporary low rate would develop a feeder and stocker
market at Portland that would be good for the entire livestock and railroad
fraternity. r
- While the situation at this time is naturally most desperate in the cattle
industry, still at times it would he a very, good thing to have a low rate on
feeder sheep.
The railroads are even more- interested in granting this low rate on feeder
livestock than the producers, for the very good reason that unless the rate Is
granted, the volume of shipments will decrease instead of increase. Growing
traffic is what the railroads need.
v - -- ... j- J
K 1
. i .
DAIRY PRODUCTS
TONE IS BETTER
Butter and Eggs Are Advanced
- for Week, While Movement
in Cheese Is Good.
Oregon Hog Industry Losing;
Idaho Regaining Lost Ground
Hard white
Soft white
Western white ,
Hard winter . . .
Northern spring
extern red
Oct.
$ 1.17
l.oe
i.o
1.04
1.04
1.00
Not.
$ 1.15
1.05
1.04
1.03
1.03
.98
- MORE BOOS THAI HOGS HELD TS OJTE COTJNTT
I.' received a letter yesterday that surprised me. It was written by a
man in one of the Willamette valley counties, who is in position to know
what he is talking about, and I quote from his letter as follows :
"Our county assessor's records show that-the value of dogs in this county
equals two thirds the value of hogs," and bo far as I know that county is
not particularly noted for the quality of its dogs. G. A. Peirson, President
Portland Union Stockyards Company. "
By O. A. Peine
President Portland Union Stockyards Company
Rise and fall in hog production in the Pacific Northwest is fairly accurate,
gauged by the receipts of live hogs at the Portland Union Stockyards. I give
twlow some figures showing the number of head of live hogs received at the
North Portland market by years from and including 1916, to date, and compara
tive by months for the first eight months of 1922 and 1921. The place of origin
ia Si v en . .
PORTLAND WHOLESALE PRICES
These are the prices retailers pay whole
saler?1, except as otherwise noted:
BUTTER Selling price, box lots: Cream
wry prices Prints, extras. 46c; for plain wrap
pers, cubes. 41o per lb.; dairy, baying price.
2527c per lb.
BUTTERFAT Portland deliTery basis: No
1 grade. 46c; No. 2, 4Sc; No. 1 gone, 44c
for "A" grade.
CI1EESE Selling:' TElamook, triplets.
28fe'29c: lb.; Young America, 29 30c lb.;
Oregon triplets, 23 24c. Buying price, f. o.
b. " Tillamook ; Triplets, 26c; Young America
and ionshorns. 27c. Selling price: Block
Bwiss. fancy, 31 w 32c; Limburger, 24 28c;
cream brick, 24 26c.
EtiGS Buying price, Front street: Cur
rent receipts. Western Oregon. 32c per dozen;
Eastern Oregon, 29o per dozen; hen
neries, 3 5c per doxen; selling price, select.
SSa per doxen; candled. 37c; pallets, 83c;
storage, extras, 30 9 32c per dozen.
EGGS Association selling price: 8elect,
89o; brown 3sC; firsts, 37c; pulieU, 33c
LIVE POTLTRT Belling price: Hear)
hens, 21 2"2o per lb.; light hens. 11 18c;
broilers. Rocks. 21 23c; other broilers, 18
20c per lb.; eld roosters, 8c; ducks. 14fi
loo lb.
Fresh Fruits and Vegetables -
FKESIl FRCIT3 Orsnges, $8.50 911.00
dox; D&nacas. v g y c: lemons, I.0UJl.OO
Tear:
1916 . . .
1917. . ,
1918. . ,
1919. . .
1920. . .
1921 . . .
Oregon
207,820
1. 14.823
1.66,551
143,007
113,986
70,215
Oregon Still Losing
Live hogs received at North Portland from
January
February
March . .
April . . ,
May . . .
June . . .
July
August . ,
1922
4,271
6.160
. 6,947
4.370
4.734
6,705
6,200
4.441
1921
9,723
7,146
fl687
4.888
5,661
6,896
4,337
5,003
1922
5.255
4,405
3.469
5,175
4.283
3,657
3.820
8,407
-Idaho
1921
1,395
693
1,283
1.409
2.297
1.095
105
753
Middle West
N. and S. Dakota
Idaho and Nebraska
75,318
26.23 V-
22,545 682
29,469 385
18,725 21.943'
13.777 4.493
various sections :
Middle Went. N. 4 S.
-Dakota A Neb.-.
1922
11.485
10,207
9.684
6.487
7.188
7,069
6.188
5,712
1921
4,320
9.758
9.550
3,677
1,663
1,8 3 T
89.828 60.241 83,471 8,930 62,920 30,805
The year figures shown in the upper 'statement Indicates the serious decline
In hog producfion m Oregon, and, to some extent, in Idaho, and also indicates
the increased number of hogs that have been brought in from the farms far
outside our natural tributary territory. Where the receipts from Oregon for
the year 1916 showed 207,000 head, 1921 was only able to show 70,000 head, a
drop of approximately 68 pen cent.
Reference to the comparative receipts by months 1922 and 1921 shows that
Oregon Is falling still farther behind, the receipts for each of the eight months
this year being less than corresponding months in 1921. except the month of
agalrat "oO 000 J ait year " 8 fr eisbt raoathM from Oregon this year is 40,000
Idaho la Recovering
Tv,Refererc ? th t53' shows that Idaho Is recovering their ground rapidly.'
TiAn v j v j i uiu iuau rui ciSnu niunins last year snows approximately
nnn tad,Jand or 016 8ame Period this year, this has jumped up to better than
oo.outi neaa.
That tfere is increased demand for pork products in the Pacific Northwest
is shown by the fact that greatly increased receipts are coming from the Middle
West Note that where approximately 31.000 hogs came in the first eight
mOnthS Of 1921. dOUble that mimhor nr snnrnrimofjv Mn V. v..--
per case; grapeiron, rioriaa, ) ; tali tor- ; -i iw "uo uuunci in uio smue period tnis year
ma, o i o (9- r.uu ; peacnes, eo soc; can
telopes, 75o1.25; watermelons, llHe per
lb. : ice cream melons, 2 Vi c lb. ; honey dew
v , vMiMu, i.c, amuwi 1 "Al I UV , . --. , , ' ' ; M rh"" " upicicu L II .11 uiose WHO Waill
l'i rcuiua fiiuvh aim i;euer uixs am nnvinr nirripinrw in nnrinv ,v.n , w .
We received a request yesterday for two carloads of feeder pigs to be used
in cleaning up off grade fruit and shattered grain in the southern part of the
stata. Immediate shipment was asked, and with the further request to advise
how many more feeder pi? we could secure for that section. As a matter of
fact, we are having difficulty in assembling even two carloads.
Possibly Oregon will make a better showing In the last three months of
t year when hogs are being turned off the stubble fields to market Idaho
Is awake to the situation, and Is stepping In and getting her share of the
monev that has been passing through that state to the Dakota. It la to be.
hoped that Oregon will be doing likewise shortly.
Higher prices along the coast generally ia
fluenced a further advance in both eggs and
butter in the Portland trade for Use week.
All dairy products stood in a very good poss
tion. In the butter market prints showed a rise
of 2 cents for the eek. Only 1 sent ad
vance was shown for cubes became of the
tact that previously there had been an ad
ranee in that hn while prints were etatiocarT
for the advances in the Pacific Northwt
l iiurtng the week. San Francises made a sharp
advance of 3 cents but io.it a fraction of it
Ixm Angeles made a 2 cent rise, which was
followed, by a similar amount at I'orUand
and Seattle.
California took batter in both Oregon and
Washington during the week. Takings would
bare been greater were it not for the fact
that production in this territory had been car
tailed somewhat by weather conditions. ,
Cobe batter extras-rated : ' ""
Port Chi. N. T. B. I. U A.
. .40e 37ie 40VsO 46 c 46c
46
45
w
49
40
48 .
Friday; no Saturday session. ;X
Further advances is the price of fresh eggs
were forced here as a result of an a rut short
age of offerings of this class. The week 'a prioe
totaled S cents a dozen for fresh-stock. Be
cause of the shortage of fresh goods, demand
tor storage stock was stimulated consider
ably and withdrawals from ice houses are the
greatest of the season to date. This was re
flected in the price; storage goods being ad
vanced 2 cents a dozen with an extreme of
32 oents for selects. Quality of the ice boose
goods is considered unusually favorable.
SelsBt eggs ruled for week:
Fort Chi. . T. 8. F. 1. A.
Monday . .
Tuesday
Wedne'ay
Thursday .
Friday . . .
Sauirday
Week ago .
Year ago .
SECyiY P
!ICE
IS SENT HIGHER
Much More Favorable Financial
Conditions Are Shown During
Week; Strike Settlement
Monday
Tnerday
Wedneda;
Th a r. day
Friday .
Saturday
Week ago
Year ago
40 37 40 H 47
J -.40 37 40H 49H
...41 37 40hk 48
41 37 40 V, 4SH
...41 37 41 ....
. . .4X 37 40 Vi 46
. . .47 42 45 H 46 H
-
I j -irn
..37c 30c 64a 43 e 40Hc
.37 30 64 43H 41U
..39 30 64 46 43
..S 30 04 46H 46H
..89 30 64 46H 45
. -3 80 64 .... 45
. 36 29H 62 44 40H
..42 36 73 49 H 47
Friday; no Saturday session.
Cneesw Oemanw Active
While prices here and at. Tillamook were
unchnrised for the wpek; a rery good demand
for rheerie is reported from both California
and luget Sound. Tillamook reported its full
output being taken at prevailing prices while
local jobbers reported a fair movement
Potato Market Quiet
Market showed little change for potatoes
during the week. While thern ma cIihM
Ltishter holding by Idaho and Eastern Wash-
mgeon growers, plenty of stock was coming
for all requirement. Local growers are be
ginning to offer sparingly around SI.
Onion Sales Are Shown
Local onion sales are shown in carload lots
around 75 cents per cental at producing ptrinta.
Two carloads were ordered by local interests;
one selling at 1.25 and the other at tl.
No out-ddn demand is showing. Only limited
ntcrf-ks of Walla Walla or California onions are
shown here.
Apple Trade Quiet -
Trade here is buried with huge stocks
of apples of the early TarietVcu. Sales are very
alow and much stock is being dumped- Gen
eral :ialea of best quality, jumble pack. Grav
eBitteinssliown around $1 box to retailers.
Prune Demand Is Slow
Dried prune market ocntinus very slow
with practically no sales reported by either
the California or Oregon-W'aahington interests.
Fresh prune trade congested with offerings
which are moving slowly around 2 eesta a
pound generally.
Dressed Meats Are Quiet
Weather conditions were against a liberal
demand for country killed meats during the
week and prices were fractionally easier. Only
a very small supply kept the market price
from slumping.
fe 1.50 box; seedless grapes. 12 00 lug
Malaga. $2.00 lue; Tokay, $2.50 0 2.75 4
basket crate. The Dalles, IS. 00 lug.
BERRIES Blackberries, S 1.25 9 1.50;
strawberries, 2.00(S3.9O per crate.
DRIED FRCITS Dates, 4.60.00i
figs, while, $3 50 3 3.75 per box; prunes, 40
and 60s. 50 lb. box. 14o lb.;- 60s and 60s
13c per lb. T
ONIONS Selling price to retailers: Ore
gon. $1.75 per cental; garito. 10 V 1 So per
lb. ; green onions, 25 SOo per dozen bunches.
POTATOES Selling price to retailers: Ore
gon, fancy, $1.25(91.50 per cental; sweet
potatoes. 3H -4c per lb. "-.
VEGETABLES Beets, 40e per dosen
bunches; cabbage. lHc per lh.; lettuce. $1.25
tS 1.75 crate; carrots. 40 per doa, bunches;
tomatoes, Oregcn. 30 (Se 40c; hoi sera dish, lSe
lb.; artichokes, t ) ($1.00 per dozen: cauh
fiower. C0c$1.25 doa.: celery, 6075e per
4uits; summer squasli, 5c YeUow Bantam
corn. 75c ( $1.23 sack. '
APPLES New crop, $1.00 1.60; crab
apples, 4o In. i-
Meats
COUNTRY MEATS- Selling price: Conn
try hogs, 14H loc, havy stuff less; veal,
tops (about 80 to 100 lbs), 14 15c
per lb., hssvy s;uff"less; lambs, 1 he per lb.
SMOKED MEATS Hams, 2545e lb.;
breakfast bacon. 22 43c.
PACKING HO IS hi MEATS' Steer beef.
ll13o lb.; heifers, 1 1 1 2c ; cows. 8 lie
lb.; lambs, IS 20s lb.; ewea 10a14e lb.;
hog. l5S15tt - '
LAKD-r- Kettle rendered, 18c pax lb.; tie roe
ba a, com pound, 14ttc.
Croegnes
BEANS MBmall whiU. $8.75; large white,
$3.75; pink, $7.00; limas, - $10.50; bayou,
$6-75; red. 46.75.
HONEY '.New, $4.00 4.50 per saoa.
RICE Japan. No. 1, 6a; Bine Saoe. 6o
lb.; New Orleans head. 6 He.
COFFEE Koaslea. -'i w o - c id.; in
upki rtr drums.
SALT Coarse, half grouad. 100a, $15,00
ton: 5ts. $17.85; Uble dairy. 60s. $270;
bales, $3.50 4. 00; fancy tab) and dairy,
$34 50; lump, $26.50.
sri;AR Cube. SS.10: fruit and berry,
$7.15;- yellow 1). $6.55; beet granulated.
$6.95: extra C. $6.75: golden C. $6.60,
CANNED MILK Talis, $4.60; baby atae.
(4.4 0 case; Eagie. $9.35 ease.
SODA CRACKERS la bulk. 1 So lb
NCTS Waimiu. 24 84c IK; almoada, 15
2Hc lb.; .filberts. 20 27 He lb. ; peanuts,
. lti15o lb.; pecan. 302c lb.; BraaU. 19
22a ib.; chestnuts Japanese, 2324 ih.
Flan and Shellfish
' FRESH rkH Chinook, fresh, 11S;
halibat, 1 S ( 1) Oc per lb. ; black cod. 6c per lb. ;
basket kippeied cod. $2.00; basket kippered
salmon, $2.00; kng tod, 7 j( be lb.; sole,
10c per lb. ; sturgeon. 20c IK; red snappers.
8c lb. .
OYSTERS Eastern. $4.50 gal; Olympia.
$5.00 per gallon. $1.40 quart; cabs, iarge.
$3.50' doren; email, $2.50 doaea.
Hops. Wool and Hits
HOPS 1822 crop. nbmiaaL 10a lb.
HIDES 42alf skm,. 12T3c IK; kips,-
10c ib.; green hides. 6 (9 oc ib.; salted. T w
Be per lb. -a
MOHAIR Nominal. 20 32o lb.
SHEEP PXLTS Long dry pe4ts. 18S0e:
ahort pelts. 9 fy 1 0c lb.; -long hair goat sela.
1012e lb.; abort hair goat peia. 2 0 & Uo
each.
WOOL Willamette TaUey. coane. 20
Breeding Stock Is Scarce
. p!erh?rRs r,ous difficulty in Oregon at this time is to secure breeding
j stock. The supply of hogs appears to be so depleted that those who want
MtTCH IKTEBE8T 8HOW1T AT
CLOSE OP DRTCOOD8 MARKET
New1 York, Sept. 16. The market for cot
ton cloths wound up an excellent week's busi
ness today with general interest exhibited In
nearly all standard construction. .Prices were
strong, holding firmly to gains made through
out the week. Mills gare no show of anxiety
to make large eommiunenta for fourth quar
ter delivery at present price leels. Thi
was especially noticeable in sheetings. fea
teens were" in fine demand at firm figures.
Raw .ilk prices were fairly uniform and
with little weakness 'shown in the position of
sellers,, although a small volume of business
ai transacted.
Xw Torb Bank Statement
New Tck. Sept 16. Bank statement:
Average Loans, decrease, $1,341,000: de
mand dajposits, iaorsased. $a, 333,000 : time de
posits, decrease. $28,099,000; reserve, in
crease. $2,590,180.
Actual Loans, increase. $18,710,000; de
mand deposits, increase, $185,016,000; time
deposits, decrease, $90,793,000; reserve, in
crease. $66,6S3,250.
INTELLIGENT PRODUCE
MARKETING
Tou will set higher returns for your
produce if you will B4 oar jaew neth-
ds befors chipping any product t
taaLTitwt.
' Write V at One
We 'HIU Be Pleased to Ten Tea Bew
Ruby & Co., 21 S Front St.
. - FOBTULS. OB.
Lirerpool Wheat Market
Liverpool, Sept 16. Wheat:
Open. Close.
Sep. 9s 6d
Dec 9s Hd 9s d
COTTOX MAHKE1 B1.8TRICTEB
BT KEAB EAST SITUATION
New Tork, Sept. 18. The unsettling influ
ence of the Near Eastern situation had a re
stricting effect on the business in the cotton
market today and probably prompted the eTe
ning up of accounts for over the week-end.
This was reflected in a good deal of scattering
liquidation. Some further hed-e selling was
also reported but otherwise selling was re
stricted and the market derived a fairly steady
undertone from bullish reports over the goods
situation and a steady tone in the Southern
spot markets.
The presence of a tropical storm near the
Island of Martinique moving westerly may have
tended to slow up selling.
The trade is always more or less nerroru
over such storms. The market opened steady
at unchanged prices to a decline of 7 points
with December selling around 21.57.
The market closed near the ,low of the, day
with a net Joss of 7 to 15 points.
(Prices repted by Overbed; & Cooke)
open, ilien. .Low. Close,
2143
Xtw York Potato Market
New Tork. Sept 16. L N. S.) Pota-
t" Market weak. Nearby white, $9.00
9.24.
January
February . .
March
April
May
Gain. I Jane
ujd ; July
i d : September
iiciom-r . , .
November
December
2155 3134
2i5i iid-i aiii
.. 2150j 2161
21301 2i30
SOcr- medium, 80 32a lb.; fin, 3035e
lb.; Eastern Oregon-ldabo. 80S7e Ib.
TALLOW ASD GREASE No. 1 tailow. 5
0 5 He: No. 2. 4H G 5c- grease. 3 H 4c rb.
CASCABA BARK 1922 peel. 6 He; 1821
peel, 7He lb.: grape root 6c lb. .
ROPE Sisal. l$ 16c; Maafla, 16H
18c per lb.
WIHE NAILS Base prioe. $4.23 keg.
WHITE LKAD--100-lb.-xeg. 12 He lb.
LINSEED Ollj lUw, bbU.. $1.10; kettle
boiled, bbL. $1.12; raw. cases. $1.23; boiled,
cases, $1.27 gallon.
GASOLINE Iron bbla, 26c; eases, S8c
per gallon.
TLftPKNTrXE 5 gaEon cans, $1.T1 gat
Lumber and Chinaies "" -
Latest carload lumber sales by manufac
taren, twtations representing f. o. b mm val
nea in direct sales to retailers and including
selling expenses:
iwuauu. oib sjqw
1x4 No. 2 and bet. .$52.00 $.,
Ats.-
1x4 No. 3 T. g. 39.00 3S 00 89.00
KLVISU:
1x3 10 .... 88.00 ..... 66.00
, CEILING; .
Kx4 No. 2 and bet. . 40.00 87 00 88.00
DROP SItl.VG; . ,
1x6 No. 2 and bet 43.00 8S.00 41.0
BOAkUJS A-u eou-uar
las i a si . .
i DIMNSK).V3: ,.
Sxt ia-i
SMALL. TIMBERS:
4x9 12-14 .-.-....
LATsa: - . - :
4'tt No. I f.g
SHINGLES: :. ,
A shingles
19.50 16.90 19.60
20.50 17.60 20J0
24.60 19 50 20.50
B.0
5.45
8.60 3.40
Total galea by 27 .mills, 8.544.400 ieeV,
2140
21.32' 2143 2i24
2169 2145
2134
2133
2143
2141
2140
2130
2120
2115
2123
2135
145
2158
New Tork root market 21.50. 10 t,ointa
down. -
Eastern Cask Wheat
Minneapolis bept 16. Cash wheat: No. 1
northern, $1.04 H 9 1.18 H : No.2. $1.00H
1.08H ; Not 8. 95He$1.05H; No. 2
dark northern. $1-02 H 1.11 H ; No. 3.
93 He $1.08 H; No. 1 dark hard Mont.
$1,084. 1.1H : No. t hatd Montana.
99Hc$1.0ftH: No. 1 donna. SI &
S8 K c; No. 2. 78 4 85 14 c; No. 3. 74
82 c- Corn No. 2 yellow. SS5Kc.
Winnipeg. Sept 16. Cash wheat: No. 1
northern, 96 He; No. 2, 86 He; No. 3. 92c;
No. 4. 860; No, 6. i81e: No. 8, 71c; feed,
61c; track, 95 V c Manitoba, Saskatchewan,
Alt., 95 He.
Chicago, Sent. 16. Cash wheat: No. 2
bard, $1.04 & 1.05; No. 2 yellow bard. $1 04;
No. 1 mixed corn. 63 ie; Now 2. 63 W
4e; No. S. 62H; No. 1 yeUow, 64e; No. 2.
44c; No. 3, 62 He; N. 2 white,
e46-4He; No. 3. 12 He; No. 1 white oats.
40c; Ka 2. 8J3Hc: No. 8. 37
88 He; rye. No. 42. 70Hc
2Cew Tork Pomltry Market
New Tork. Sept 16. (L N. 8.) Dressed
poultry Market steady. Chickens. 253Sc;
fowls. 19 31c; turkeys. 40 g 53c; ducks.
20( 25c; geese. 15lSc . 4
Live poultry Market firmer. - Cbickena,
2T 2c; fowl, 23 ? 32c; tarirer. 0c;
ducks, 25 eSOe; geese. 20 22c.
SeWiTerk Wol tuid i Hides
New Tork. Sept 18. ft N. S.) Wool
Market firm. Domestic fleece XX Ohio, 4 1
SSe: domestic pulled. scoured basis, SOe &
81-O0; domestic Texas, scoured bams. - 80c 9
$1.35; territory staples, $1.1 0 1.1 S-
Hidea Markets steady. Nativa steers, 20c;
branded steers. 18c . r , .
Wheat Market at
Chicago Nervous;
Prices Are Erratic
Chicago, Sept 16. The action of the
wheat market was nervous today. After their
successes of yesterday tbe bulls were filled witn
confidence. The locals bought on every reces
sion and tried to enhance values, playing up
the Near East situation as a bullish factor. In
the near months prices held well but North
west hedging pressure tended to keen the Mv
delivery easy. Locals were receiving little en
couragment from outsiders and some of them
lost commence ana unloaded on the bulges.
A good demand for export wheat was reported
by local houses with sales of 120,000 bushels
closed. Cash premiums were unchanged and at
Winnipeg were He easier. Winnipeg market
was easy in tone most ef the session and this
exerted a depressing influence. Primary receipts
were in excess of last year. The market closed
nncnanged to He lower; September. $101 ;
December. $1.01 1.01 ; May, $1.00(9
1.06 H .
Corn was easy in tone, although pric
changes were not marked. Trade was almost
entirely local in character and the orders on
the selling side were slightly in excess of tbe
demand. Lower grades of cash corn were firm
er. Exporters took 703,000 bushels of corn out
of this market and 100,000 ishels at St
Louis. Receipts continue heavy. Market
closed nncnanged to He up. September,
62ie; December, 57 H 657sc: May, 60 c.
Oats were featureless. Trade was mostly
local in character and price changes were of
little consequence. Shipping demand was light.
The market closed H o up to He oif; Sep
tember. 37 He; December. 35 He; May, 38c.
Provisions were dull and easy. There was a
little selling induced by tbe fact that the de
crease in lard stocks waa leas thaa expected.
Lard closed 7 H c off to 2 H e higher and ribs
2 He lower.
WHEAT
Open. - High.
.. 1014 102 H
.. 101 102 H
107 107H
CORN
.. 62 H 62 H
. . 67 H 57 H
, . 60 60
OATS
.. 37 H 37H
.. 35H 35.
.. 88H 88H
LARD
1050
B.IB9
Sepi, . .
Dec . .
May ..
Sep, . .
Dec. . .
May ..
Sep. ..
Dec . ,
May . .
Sep. . .
Sep. . .
Sep. . .
Deo. . .
Dec . ,
Low.
101 H
10IH
106
. 62
57
60 H
37H
35 H
87
Close.
101 H
101
106
63 H
67 H
89
37
35
38
1047
1047
RYE
.... 71
TO 7iH
BARLEY
71H
70H
990
71 H
70 H
65H
Tw Tork Batter u4 Eggs
New York. Sept. 16 LV. 8.) Butter
Market firmer; creamery extras, 40 0 41c;
creamery firsts. 33H8He; creamery,
higher scoring. 40H&42He; state daily
tabs. 29 (f 39c; extras, 3S41& '
Cheese ' Market firm'; whole fancy
Young Acericas. 20H21e; skims, special,
1 5 H e. -
Eggs Market irregular; nearby white, fancy.
60 w 64c; nearby vtown. fancy, 46 4bc; extra
42 44c; firsts. 84 3Sc
Milk Tbe nominal wholesale price Is $2.89
per quart, delivered in New York. Official
quotations diseontiaoed.
Saw Francisco Poultry Market
San Francisco Sept. 16. (TJ. P.) Poul
try: Broiler 14U lbs., 35 3 Sc. 2 to
2 lbs. 28 30c. fryers 30 32c, younx
roorte ,3 lbs. and up 84 860. staggy 23
28e.- colored- old roosters 17 & 18c, Leghorn
old roosters 1 4 (g 1 5v. Leghorn bens 2 H to
3 lbs i20e. S lbs. and over S0 624e.
teres colored hens 2S32c; ducks, young, 18
20e; geese, young, 20 22c; live turkeys
32 ( 85c; sprints. 40 42c; squabs, life
fancy, 60 52c - ,
Winnipeg Wheat Options
Winnipeg, Sept. IS. -Wheat:
- lyOiw, High. Lose. ,
Oct. ...... 93 H ' 5
rVc- ...... 3 .83. 82 H
May ..
97
Ctoea.
95
' 92 H
91 B
Mlaneairalls .Wheat Oatioas
Sep.
Iee.
May-
Minneapolis, Sept. 1 6 -Wheat
r . .. Onen. HiaK. . Lew.
. 1UB 1
.102
iVlOT'
104
103 H
107
103
102
108
Ooee.
103 H
103
1S
-' By Stuart P. West
Special Dispatch to The Journal
Copyright. 1922, by The Journal
New York. Sept 16. The favorable fi
tares in the fins nets situation at tbe end of
the week are the settlement ef the rarioul
ewaR:-yjstggraea mw wmca nave nar
" ' TS J raseed the -bnsinea of
tbe eountry for the
,u 1 V.. . K. aim..
i , 'K' tion in industrial- hues.
recotdbreaJting railway
trat tic and the aw
sncs of an abundant
money suppiy at this
season whea to past
tunes credit baa been
vary light. The nn-
fevoraWe features
me uerman repara
tions crisis and the
slackness of the export
xj broocbt down grain
i?-iViM f18 to a level that
3. t tl from tn e . farmers
"-" .Til T.rfr-winntL avis .
lNlUbUliy iow.
Security rios Mlajt
Tne markets hare bad no hesitation la de
ciding as between these two sets of forces.
wnicb K the more powerful. Security prices
in the last 12 months hare had a very great
rise. To many they teem pretty high where
toey stana ax present Yet it baa to be re-
mamoerea tnat tne market of a year ago was
a panic market, one where values did not
count oat wnere stocks and bonds were thrown
oer a year ago' for what they would bring
because of necessity and their holder kept
uuurauioa rsgaroiesa or tne prices obtalned-
wbo sold Liberty bonds at 85 eoold
nave a one tea tncfr eventual return to mt.
But it was a ease of hard-preastd corporations
f"i . individuals sacrificing their Liberty bond
holdings to provide tax money, or to raise
the cash needed to cover looses and working
. "... . . -i'i.h 1 11 u tcr nieir oujines8.
Trade Improvement Discounted
To a large extent, therefore. th advance
rrora tne low points of 1921 was in the na
ture of a recovery from prices that were ab
normally tow to prices that were more in ac
cord with actn.il values. But this recovery
branched out in its subsequent stages into ao
upward movement that was partly discounting
improvement in general trade and partly reg
istering the effect of gold inflation and the
accompanyinir fall in the rat nt inrevMt
For some time past it has looked a if the
upward adjustment of investment bonds wss
pretty weu completed. Bonds of the highest
grade lika TTnied States government's and the
municipals, have been brought to a 8 H & 4
per cent basis, and first class railway mort
gages which a year aeo, returned 5 H 6 per
cent, are telling to yield only 4 4 H . Now
that trade may be looked for to absorb in
creasing sums and with a cessation of the
gold movement to this country, it is reason
able to conclude that the decline in interest
ratee has reached - its limit, and that the ad
vance in investment issues based upon the
fall in money rates tmiLst be somewhere near
culmination.
Investment Diverted to Stocks
Bnt. with bonis selling where they no
longer appeal tronly to the average Investot,
tliero han como the familiar descent of invest
ment capital into securities of inferior rank.
This is one of tbe explanations for th sus
tainpd upward trndency in dividend-paying
railway shares and tbe better sort of industrial-.
The other phase of the advancing move
ment is. of course, the speculative phase.
Pool and individual operators feel sure of
their or edit supplies. They also know that
they will be able to borrow money indefinitely
on very comfortable terms. They are not
reckoning upon any great trade boom be
cause this cannot well occur without revival
in foreign ror.mcrc and such revival still
seems some distance off.
These -speculative interests, however, do
look forward to a period in home industry
which will be one of good bttsinese vara me and
fair, if moderate, profits. The upshot is that
they are in no hurry to distribute tbe stocks
which they are carrying, are" ready to give
prompt support whenever the market slips off
and ti offer their stocks In a leisurely man
ner when, prices advance.
Not Upset Over Europe
The American security markets at no time
have been in the least upset by the financial
troubles of Continental Enrope. They hsve
ignored the talk often heard in Wall street
and outside, that the German crisis and its
possible ramifications must ultimately have a
serious reaction on this side. The rebuttal
argument has simply been that we have no
longer anything to fear from Europe dumping
onr securities ginc& we are the creditor na
tion. Furthermore. Wall street assert that
our bu5iiie lias gi't ued to the shrinkage in
the export trade and this shrinkage, due to
deficient foreign baying power, is not likely
to be any worse than we have seen it for
the la-'.t 12 months.
German Complications Igponed
tt is not surprising, consequently, that the
bond and stork markets should have ignored
the latest complication in German reparations,
namely, Germany refusal to accede to the
Belgian ultimatum and deposit 100,000,000
gold marks in Belgian banks to seen re the
ax month notes which it was supposed to
issue to cover The remaining indemnity claim
for 1922. But it is decidedly interesting
that this development should have found the
foreign exchangee equally indifferent Neither
French franc nor German mark have been
responsive to the news.
This means one of two things, either that
the inside banking view of the reparation
muddle la that it is much lea tenon than
apiiears on the surface, or else that exchange
rates have become adjusted to bad new tven
to the suggestion that France nd Belgium will
seize upon this German refusal to insist upon
occupying the coal and forest lands of the
Euhr. ;
NEW YORK BOND TRANSACTIONS
- -i 3epprte- "vy The 3 iraal' Wall Biet Bureaw -
Wall Street, Kw Tork, Sept. lfe
Th deelsioa of the gorrraaaeat to
raise tbe Brie of la-flag certificate
was the oatstaading featare ef iaterett
tn today's lvtBt sBarket. Takca
with the large vernabtcribtioa ef the
ew 14 -per eeat treassry Bote, it was
regarded a eyldeaec of eoafldese
the "part ef treassrjr officials I eos-
tlnnlng low rates for Btaaey. At tko
taaie Ueae there wre o slgss of re
artioa In tko market'' for kick-grade
emrttle. Trading was sot Is large
volmino. Foreign linet, ospodaUT t
French, were comparatively weak. la
fact, there was racra refleetloa of eoa
cern over the new compllemtJoas in tko
Sear East in the Bonds than la tbe
foreign exchange market. Cseeko-
Slovakia 8s yielded fractionally.
la rIlroa bonds. Interest centered
Is the aaaonneoment by Speyer a Co.
aad Harris, Forbes Co. of tbe par.
chase from th r.hicago. Keck Island
A T"e-rin of 8'Ln4ULA4n first aad refnnd
Ing" mortrago 4 per cent bonds, was
1834. Oa the exchange tko bonds were
dealt la aroand 87V4, last night's clos
ing price. At this price the yield Is
abont IV per cent. Chaaros tn tho
general list wnro fractional. Liseriy
bonds wero steady.
Sew Tor. Sent.' IS. Followm ie an ef
fieial Hst of all bonds traded in on tbe New
Tork Stock Exchange today witn prices ana
sales no to and including tho doe of the
market Total sales today were $6,402,000.
against $13,300,000 yesterday. $6,658,000 a
week ago. S6.S4S.OOO a year age aac
$6,222,000 two year ago.
. rmm Jannarv 1 to date $8,180,528,000
against $3,172,503,000 a year ago, and
$2.629.844,000 two year ago.
LIBERTY BONDS
(In $10O0
Sale. IN 310O0
369
13
2
25
.5
861
1
181
1
S21
lo
Lib 3H
do 3H res..
do 1st 4. . . .
: do 1st 4 . .
do 1st 4 H re
do 2d 4.y.
do 2d 4 reg
do 3d 4
t gigh. I Low. Close.
7jl0120!l0110!10124
.10114 10114 10114
. ie07!10070!1007
. 100661006610038
110040110040110040
.10018110012 10014
.1000411 0004 -10004
110036,10089 10030
do 3d 4H reg. I10016H0016 10016
do 4th 4H 1006610054U0056
do 4ta 4i lejiiuvt iuuiiuuts
lSliVict 4s 10076il007010072
107 do 4 Ha 10032 lOOSO 1O0S2
18) do 4 reg. . .!10020il002010020
FOREIGN BONDS
12jArgentiae 7s
5 Belgium 7 Hs
21 do 8s
2 do 6a . . . .-
1 Chinese By 6. . .
6 Bergen 8 ......
18 Bordeaux 8
15 Copenhagen 8 H i.
10 ChriatianiA 8s . .
6 Lyons 6s ......
7 Marseilles 6s
7 M' video 7 Hs "62
- 6 Porto Alegre 8 . .
6 Prague 7 H
6 Rio de Jan Ss. . .
82 do 8s ctf
8 Soiason 6s
lOlSao Panlo 8. ..
llTokio 6s
1 Zurich 8s
25Seine 7 tenrp etfs
j.Lanisn s a.
61 do "s B ..
2 1 Dominican 6s
15 D of Can 8s nt
4-1 ao OS '26
22 do 5s '52
2Sp E I rets 6s "47
1WW do rots 6 '62. .
8 1 French Ss
14 do 7
7 Imp Jap 2d 4 .
233 I J Sterl- loan 4a.
61 Denmark 8
1 6 "do ctfs 6s .... .
JO Ttaly 6H A . . . .
46 Neth rets ....
llNorway 8 . . . . .
7 Sweden 6s . . . .
29 Bolivia 8s
80 Chile 8 '28
12 Chile 8 s oertn.
20 Cz'ehosloTakia, 8e e
lUruguay 8s ....
4 Queensland Ts . .
29 Swiss 8a
21K i de Sul b.
9; Sao Psnlo 8s
1
211
14
18
22
20
UKGB&I5H
do 5 Hi '29. . .
do 5Hs '37...
Brazil 8
do 7H
U S of Mat Be.
do 4
22
102
106
104
99
53
114
80
93
110 H
80
80 H
94
102
84 H
101
101
10S
73
114 H
89H
110
110
92
102
100
100
96 H
98
101
98
94
84
111
100
96
98 H
112
106
98
102
104
99
107
111
122
102
103
100
107
105
103
89
83
40
102
106
104
99
63
118
80
83
110
SO
so
94
1102
84 H
101
100
7
103
72
114
88
109
110
91
101
99
99
90
96
100
7
94
83
111
89
112
105
98
102
104
94 U
U07
lil
121
102
102
100
107
104
103
88
52
89
ToT
105
104
9
63
114
80
03
110
$0
80
84
102
84
101
100
70
108
73
114
89
109
118
92
101
100
100
9
90
100
97
94
84 :
111
U0
96 H
95
112
106
98
102
104
is
107
111
121
102
103
100
107
104
103
88
62
48
NEW TORK OTTT nrrarwa
18N T Cit3L4 '7.100100 (100
MliSCAlXANS&tgjlkb INDUSTRIAL '
19rAjx Hub 8s. ..I 99
6 1 Am At Ohm 7'4tllo5
1 do lut cr 6s.. . . 93
l.'.ir Snwlt 1st Sal 90
llAta SniARef 6. 1104
bAm T T evt e lid
DEALINGS BRISK IN BOSTOIT
WOOL, MARKET; PRICES FIRM
Boston. Sept 16. Dealers and manufactur
ers expressed the belief totes that the Bos ton
wool market ha practically discounted the ef
fect of the wool tchednle of the new tariff
bill.
Dealings were fairly brisk today, with man
ufactures of woolens and worsteds in the mar
ket for many grades. Prices were exceedingly
firm and the general list closed the week
higher than on last Saturday.
Chicago Dairy Produce
Chicago, Sept 16. (I. N. S.) Butter
receipts 6967 tubs. Standard. 36e; extra
first. 34 37c; firsts, 31 H 33c; pack
ing stock, 25S26c.
Ec2 Receipts 94 78 cases. Miscellaneous.
27 fc 28c: ordinary firsts. 25 26c; first. 27
30c: checks. 18 19c; dirties. 19 20c
Cheese Twins, new, 28c: daisies, 20 H 0,
20 14c; Young America. 28 He; Longhorns,
21e; brick. 25c
Un poultry Turkey. 26c; chickens. 20
8 24 He; rooster, 14c; geese. 20c; ducks, 20c
do 6 res
771 do col tr
7 do col 4s
8 6' Am 'V Wortk 5
5,Am W Paper 61
b I A Jrr I'nMr ev 6s
9!ArmoUr r e H
,85
I'M
lift
1 1 4 It 1 1 4
. J1V 1 H Ill'O
69, 99
10.-. 103
P' i 9'J
03
S
b6
79
92
lO'Atl Frntt cvt 7.. k8
80'AU Ref deb Ss...
8lHeIi Tel of lj 71
liBarcsdall K A
1 1 Beth 8U 1st ex 6s
loi ao ref bs
2
13
10
1
12
4
3
4
31
8
10
do P M 5 .
do n.
Oen L Tel Be.
Or de Pas evt 81
UhUe Cop evt 7s.
do eol tr Be. . .
Chgo Tel Ss
Ida O El .
ooio Indus s.
39
108
!
83
97
94
l0U
100
127
10t
99
100
101
78
Comp-Tab Mas 41100
Dried FrnH and Beans
New Tork. Sept 16.--(L N.S.) :
Market cnsettled. easy. Marrow, choice.
$8 00; red kidney, choice, $6.50 6.60.
Dried Fruit Market steady. Apricots,
choice to extra fancy, 33 88e; apples, evapo
rated, prime to fancy, , 17 a 29 He; prunes.
30 to 0s, 12 18 He; 60s to 100s, 7
13c: peaches, choice to extra fancy, -12 9
19c; seedless raisins, choice to fancy, 17 019c
BOSTOK COFFER STOCKS
(Reported by Overbock A Cooke Co.)
Aria com
Advent. .
Abmeek .
Algomak
Allones . .
Arcadn . .
BincMna 17 H
Cal&Arix 60 H
Bid. Ak. i
8
50 100
83 64 -
5 15
34 26
2
IS
61
Cal&Hee 290 25
N Corn. . 18 "
Centen.. 9 10
CopBge. 41 42
Dari Lily i
Butte. 10 10 H
FrnkaMa
Helvetia. A 1 '
IslCrk. IUS iO ft
K.eewanat , 2
Ker Lake 3 H
Lake Cop 3 J 4
Ia Sail. 1 a !
Mich... 2 ?H
MaseCon; 3
Mohawk. SO i
Bid.
N. Butt 11
NlpHsing. . 6
X. Lake. 30
p. D. Cop 23
Oseoia U. 38 H
Obiawa. . . 2
Pad. Crk. 21
L Royal 22
3 Lake. . 44
;Su Boston 1 1-8 .
V. Shoe M. 42
do pld. 27
. Ctab.; 2
h. Cop. 4
Tri. Con... Ia
rruoJwmne '35
IT. Metaat. 1
U. Con. , JV
U.S. M.. 42
do- pfd . 48
Cub Anex 2
Ventura. 28
Winona. . 1 -
Welverine, lO
iWysndott 60 ''.
XUldU J-is i -1 o i Shannon
VI 1 ZHi , .
.80
12
60
24
ST
2
22
2S.
46-
1
42
27
8
'1
60
v 1
3 -43
48
-3
29 H
11
60
90 .
Con Coal of Md tsi
SlCub U Stut etb7t
i do sta ,.
1 Cub Am Sua to. .
6 Det Kd rfg 6a, .
2 do rfg 6
71 do ref 6s
14Diat Secnr ct 61
N. 4 Don Steel ref 7. .
20 Imp de Ncm 7H)
i iran Lt row Ss
'. 11 do t -J
77 Kmp Gas M Fuel,
evt 7 tt a
liFiak Bub Co. 8t!
irrara incas Dev
oeb 7 ...
4 Fran Sag 7 H.
2iGes El deb 6..
11 do deb Ss
lOjGoodrich 1st 8sj
uwuiw a e as
8 '41 ......
17 do 8 '31.,..,
OGrsnby Mia s..
lilloil Am L 6s rets)
li,llum (Ml Jt Bet
I deb BH ...
4!in Steel db 4.
lilnd Steel 6a,....
1 Inter Agrl . . .,
7 Int Pan 6 Bt . .
28;Int Mer Mar &Fsd
zi.lavino Oil 8. .
1 Rinney cvt 7
21 Lack Steel 5a..
lLack Steel 6s..
6 Lac Gas ref 5s
Z.Lehigh V. C. 6
2 Mag Cop 7s '32..
16jM. a d. Tcfta.
6iMar. Oil T ctf a,
1 Mex. Pete 8 ,.
l'Midvala 8. cvt. 6
1M. P. lrt ....
9 Morri & Co. 4 Hs
26iN E TT 1st 5aA
o;.-v. x. r.a. n. e hi
lt XbELU4tPCo.6a.
1
1
18
83
1
2Npr Sta Pw lit 5a,
.-v-Vv Hell Tel 7
15iOnt It A Pwt iti
Biota Strel 8
ei do 7 ..
-V T. T. d. .
do gen. 4 ..
do ret ....
N. A. Ed. 6s. .
N. Ohio T. esLtl.88
94
93
I
t5
Mi
89
98
107
106
s
100
50
94
108
105
108
107
95
103
107
101
102
118
io
99
88
98
99
101
81
90
83
88
98
100
93
84
102
12t
99
112
104
o
9
90
loo -
112
100
107
8
107
9S
83
104
114
114
100
.95 41
87
."tt
-9H
82
38
99
108
105
- 0
97
94
100 41
180
197
107
88
109
101
T8
100
82
88
82
107
106
100
48
94
108
106
107
86
107
84
108
107
101
102
118
100
98
88
99
88
101
81
80
88
88
98
11 0O
93
98
102
120
98
112
198
80
99
90
44
112
too
107
96
107
36
86
84
108
88
82
?
r,v.
79
82
88
99
lt-
!
99
III
I on a
1
127
187
84
100
101
73
100
81
89
92
107
195
98
100
49
94
108
105
107
9
107 .
94
109
107
101
103
116
100
98
88
99
93
101
01
90
98
97
88
100
93
83
102
120
38
112
10
80
88
30 .
83
112
100
187
86
107
85
95
'4
107
98
100 (100
9H
20.P GasAEl
, 4,Pa T
21 T . v
i' ao os leu
f..l 91
we
.1 94
fciPaa Am PT i,101H
1 PeoUr GC v.108
9iPhU Co ref- Ow.llWlH
- IHI ' I la
4
99
94,
101
109 '
101
I o
1 Pert Kie AnT 8T03ilO3
Pnt Ai Sg cd 7tl09 il03
1,'Prod 4k Kl 8s warjl't. ,11
43 Heasgta 1st A 97 i 94
2 K Brown Iron V6 Hi 96
- isaks ak Co 7. . loo H
S2jtslne Cr Oa bs 83
Tl; do cvt T ... i3
83; o 7 vW. a ..101
22 K barn Rtl Hoop 8a 88
4;So Put Kio fcg 1 SilMS .
6 Stand Milling 6. 99
6 8 O of Oal eb s 106
1 StlATCo at Am 7.il01
To Kd 1st 7. .,1109
lllTob Prod 7. ...10
IK' a Bag A PCaefsllOl
2)L'B Drn ... .112
18 Tn Ftiet Gas Bs.f 98
10, U a Hob 7a. ... . 1102
197 do 6s .. i 91
7iU & tHeet af 5a. . 104
lUtab Pew Lt 6 94
SiVs-Caro Che as .100H
381 do 7s ret A... I 98
61 do 7H ...... 1105 110$ 1108
33) do cvt 7 sA war) 98 UH 1 98
' 8Warn Sag Kef 7410$. (108 108
6W L col 6. : . . .llOO S 10O10O
0 1 do OH 112H-I112 11Z
3jWest'g hse El T. 10tJ 108 108
3Winch Arm 7Hs104. 10104
61 Wilson lt .... II 02 1101 1101
14) do cvt 0 .... ,j 9S 98 98
0!Wilson 7Hs . .. 108 1107 108
100
99 H
103
101
98
102
99
104
101
ion
10H
180
112
98
102
90
104
94
1O0H
98
84
99
94
101,
109
101
99
iOS
109
114
98
86
100
99
103
101
9
103
88
106
101
iomt
100
101,
112
88
102
won
104
84
100
98
RAILROAD BONDS
8Ann Arbor 4s. .
$ At'IASF sen 4
22) do sdj 4. :. . .
2A C It 7.
l9B A O 6s ,
51 do ret 6
12j do evt 4 . . .
6 da gold 4s. . .
1 do 4s P L E 4
I W T dlv
21 do $H own divf 93
fi I do Slit re 'JB
6(Bdwy7thAv eon As1
ZS.Pklrn K Tr 7s
23
6
1
10
17
1
23
12
6
10
1
148
15
BUT 7 tr co etfs
do ,7 co ctf at
BUS 1st 6 stal
B RAP eon 4
Can Nor 7 ,
do deb 6H
Can Pae 4 .
Cent By Bras 7
Cen Ga By eon 61100
C P lit ref 4, .
o et v con ds. .
do evt 6a , .
do cvt 4H
14
7
e
6
17
9
1
114
7
2
1
131
1
2
16
2
6
1
T'
1
8
lt do R A 2d 4
Chi Alt rfg 8
do 3HS
G. a K. L tl. .
hl Q W 4s..
C.M.StP.evt4s
do f rg. 4 A
do evt, 6 B . . .
do 4.
deb. 4
C. N. W. deb. S
C. R. I. ft P. c.4
do rfg. 4s..
C. T. H. A S. K.
1st ft ref. 6s.
CM TJ 8 4s. .
do en 6s '68
Chi A Weat lad
eon 4 . .
0 C 0 A St U
- deb 4- ...
do g m 4. . .
do 6 A
Clev Un Ter 5H
Colo A S rff 4 Hf
Del A Hud cvt 61102
39
12
4.
18
20.
R G ref 5
rfg' 6s bkrtf
D A
do rfg
ctf' sta atd .
Erie gen la 4i.
do pr In 4. .
do cvt 4 A. .
do cvt 4s D.
(Id Trunk Can 7
e v vva a a una x u
141Gt North- It .
7 do 6 Hi . .
8 G Bay West db B
14 Hav B L ft P 6
19Hud ft M rf 6sA
Zh-do sdi inc 6s
2 El C X? Dv3
9I11I Cent 8H...
51 do 6H
2im O A O 8t I A
IN O it Ji A..,.
4ini Cent 4s
86Inter Met 4Hs. .
611 do ctfs 4Hs rta!
10 do 4H trcoctfsl
55Interb RTr evt 71
82 do ref 6s.
41 do ref 5 bkra ctf
4 Interb Gt Nor 51
note ctfs
23 do adj 6s
18 Iowa Cent 1st 6sl
1 5 KanCFtSAMein4a
u oo es . . .
lroo 1st 3s
if do 1st 4 . . . . .
2 ! Long Isl deb 8. .
2 Lonis ft Jet Mr 4s
0 L ft N nm 4
6L ft N 8 Hy It 4a
8Lon A A NW5i
92
84
108
101
91
8TH
85
84
72
92
84
103
101
81
87
83
84
93
91
7
98 H
$3
SO
; 92
94
114
114
84
92
100
90
102
97
91
hit
62
36
88
83
T4
f 69 J 88
91
7
94
03
90
82
94
115
114
84
93
90
102
98
91
. MO
62
$5
80
64
74
76
84
76
101
84
87
88
92
101 H
T3
92
83
103
lOS
SO
S
6
4
8
6
48
77
7
12
24
9
1
1
25
1
2
109
Mark St Ry en 6s
ao o .....
Minn St L let
rfg 4 .
do rfc 6s
Mo Kan ft T 4s B
do 5s A . . . .
do Idi Si A
Mo Pao 6..
do 6 .....
do aen 54s.
Mont Tram ref Sal
Nassan Llee 4
N O A N B 4.
X X O deO ..
N T 0 ft H R 4s.
do gen 3
9 O
tINTCMO ool t S 80
sa H
88
16
1
10
INTNHftB deb 6.
do deb 4
IN T By ref .4 tri
eo etfs
do adi 6
do ad Btr eoctft
: r. State By eon
' N T Sua West
g m 5. . . .
NTWtaABo 4. I
INftW Ma CTt 8
I Nor Pan 63
do pr In 4,.
do gen 3s. . .
do ref ftimn fa
7tOrs ft Cal 1st fis
10 O RAN eon 4c
71 Ore 8h Li rfg 4.
4 tOW RR N 4. . .
S6P. Li M. BR.sefs
21
8
- 2
1
36
$
19
15
22
23
4
6
1
12
8
10
1
8
24
2
SO
6
1
4
2
Pa. B. R. Ts
do gold .
do f m 4
Phil Ry,J4.
P. R. .U A P. 6s
Reading can. 4s.
K. L. A. ft L.4 H"l
s.L.I.K.ftb.r.4.
doJI RftG. L 4
SLASFpTf n at A
do 6 B ...... ,
do adj 6. . , .'. ,
do ins 6. . .
St L 8 W eon 4.
do tern 6s , . .
SPftKO S L- 4sj
- 3MS A A A P lt 4.
13S A li rfg 4
7 do ad 6 . . . . .
20 do eon 6s
12 Son Pae cvt 4. .
11 do rfg 4 ...t.
8 do eol tr 4. ...
6 do Term 4s . . .
Ill Sou Ry gen 4. .
27 do $H
1 Third Ave rf8 4
14 do adj s
. 3 Term A S Lrfg4s
Ills Pae ltt 4.
12 do cvt 4. ..
6 do ref 4 . . .
5 Va By 5
17Wert Md 4 ..
8 West Share 4.
STANDARD Oil
47
44
64
65
52
54
114
113
105
14
86
87
67
81
108
113
99
84
18
16
16
9T
78 ''
72
68
54
81
88
94
71
85
87
82
93 H
86
7
88
98
44
45
73
87
64
92
108
68
91
59
89
107
0
81'
99
3
9
8
72
51
56
128 H
110
91 .
44
100
1O0H
90
93
85 H
744
110
111
94
2
7
so .
85
81
88
76
91
68
773
82
86
78
45
28
9
93
91
89
83
72
104
69
67
83
94
95
89
100
68
$5
76
84
76
101
84
87
88
92
101 .
73
92
83 H
108
106
BOH
102
47
44
54
65
61
64
114
118
105
14
86
8T
67
80
103
112
09
84
16
16
16
97
72
72
67
63
81
83
93
71
85
87
82
93
86
78
88
93
44
45
73
87
64
92
103 8
68
91
69
86
,107
80
81
88
80
86
S3
, 33 --
9 "
8
T2
60
66
128
110
91
64- !
100
100
80
88
84 H
74 H
108
111
94
82
87
86
86
81
87
T
1
86
78
78
82
86
78
45
27
88
8
81
89
88
71
104
69
87-H
83
94
93
89
99
8
83
-TJ-92
84
108
101
91 H
87
86
84
98
?!
88
93
80 .
92 s
94
116
U14
84
1 93
100
90
102
, 07
91
0
62
23
86
34
i 74
69
76
84
78
101
84
87
88
2
101
78
92
83
103
105
90 H
102
47
44 J
TS
85
52
64
114
118
106
14
86
87
67
80
103
112
98
84
16
15
16
97
72
72
7
63
81
83
93
71
8
87
82
93
86
73
88
98
44
45
73
87
64
92
103
68
91
69
86
107
80
81
99
80
88
68
S3
9
8
T2H
81
UVESTOCi! I0SIE
IS SOff BETTER
Hogs and Top Steers Higher and
Improved Feeling' Indicated
in North Portland Alleys.
PORTLAND LIVESTOCK BCN
He
This week.'. 1705
Week ago. . 194 3
2 week ago 2997
4 weeks ago 3800
Tear -ago. . 2549
2 years ago. 2316
3 years ago. 258T
4 years ago. 8977
Cst-ie. Calves. Sliep. Car.
Z4T 447
lf3
171
K.O
2M56 . 8KS 4024 14T
2944 997 8273 1 33
1771 1 ' 2tS4
8071 8S ' 6774
8631 274 '7020
8724 79 7921
2797 212 48H8
North Portland bad 123 car hi th alley
for the week, compared with 147 a week ago,
153 two week ago and 170 ear a year a.
Hogs were firmer and higher. were eatUe,
wuil itieep tbowed a fully steady tone.
In th nog alley an advance . of 60s. was
sored at North Portland for the week. Total
ran allowed a decree as eontiiared with the
last two week, while pecker' demnd we
improved. Tope ruled around $10.60 generally.
Usmeral hog market range:
Prime lights $10.00010.50
Smooth heavy, 2SO-S09 lbs. 9.00 9 6
Smooth heavy. 309 lb, up.... 8 00W 9.00
Rough heavy ............. 6.00 8 OO
Ft pig , 9.76 f 10.00
Feeder plga 8.75M16 00
Stags . ................. 6.009) 7.00
-. CotUo Trans atesdlaw
While only top steer ware generally quoted
at a rise of 25c for th week's trading at
North Portland, th tenerhl offerings - were
moved slightly better. There was no ral
snap to th buying of anything but select stuff,
but there was a noticeable absence rf tb
weakness of mcent period. .
General cattle market range!
Choice steer 6 7.50 4) 8.28
nwtuim o asxxi . ateers
Fair to noatmoa ttear
Common to fair tears
Choice cow and heiftr
. .
,
...fa
n.Tst 7.60
0. 70 IH
4.00(9 5.76
6.00 6 P'
8.60 4.60
8.00 8.50
2 O0s 8 00
1. BOe 3.00
3.00 4. On
6.00 w 6.50
4.00 & 6.00
8.60 C 9.00
8.00 4
7.00
8.90 f)
8 60
8.00
7..00
Medium to good cows-heifer..
Fair to medium eowt-TieWer , .
Common to fair oow-beif r , .
Cannera . .................
Bull
Choice . feeder , . . .
Fair to good feeder
whiios oairy , caive. ....,. . ,
Medium light calve
Heavy dairy eaivw ........ ,
8bo Trodo Aotlv
Ron of heep aad lamb tn th North Port
land alleys for the week was slightly in exees
of recent week and there was an improved
demand. This improvement Was reflected, not
only in th stockyard aiarket, but waa notice
able generally at interior primary point. Price
to all divisions held well.
General beB and lamb ranae:
Prim east of monnuia lamb. $10. 00 a 11.00
.ftO JO.OO
8 00 () 8.00
6.00(4 6.0O
6.00 tO 6.00
7.60 8 00
8.O0(4 8.50
6.60 6 60
4 60( 7.60
2.00 0 6.00
Choice valley knioa
Hmun iur ipwue .,,,,.
Common valley, lambs. ... ...
Cull lambs .
Heavy yearlings ......... h.
Lignt year lines
Heavy wetber
Light wether
JCwe
.
.........I,....
I DltDOOltlOR Of LrvMtOOk
Following was th disposition of live tork at
North Portland for the week:
Delivered Co - Cattle. Calve. Bog. Sheep.
neniieti stoat u. . . s r
Barton A Co.!. ... 202
Cantena Pkg. Co... 56
M. J. GiU.. ...... -0
Henry Pkg. Co.... 188
Port, prov .......
27
.90 20
21
6S3 33
92 ..
8. Kaptur. ......
L. -Otto . . .-i.,,.,.
Schleaser Bros. . . .
Rterrett Packing Co.
Swift A Co.. . ....
United Meat. Co...
v alley .. . ... . ...-.
North .....,,.....'...,
Miseellaneou ..... : 2B0
Through stock. ..... 207
Oregon Feeders. .... 149
Calif, feeder ...... 98
.
... .
49
236
137
io7
60
66
41
72
1
1209
93
89
6s
81
660
1094
2in
67
232
264
Bosc Best Pear, as
Revenue Producer
Medford, Sept 16 Th Comic pear, hold
ing th former Rogue River price record, bus
been succeeded by th Boac as the prime
revenue producer, according to the Southern
Oregon experiment station, which displayed at
th Jackson county fair 250 plates, each
bearing ipeciman of a recognised variety, in.
clnding th Baronn da Meilo. labelled "fin
quality, very promising." .- . f
Pear obUined by Prof. F. C. Roimer of
the station on hi visit to th Interior of
Chin wer shown mn half inch in diameter
when matured, hanging in cluster like cher
ries, which thy resemble. One wai marked
"Cbisk U. very resiaUnt t bUght."
PRICKS
300j Anglo Am Oil"
400 AG Lobo ......
40 Buckeye PL....
I860 Int Pet Co Ltd ..
' , 208o Pvnn' Oil . . .
40A8 O Ind .. ......
2J00 H-O Ky new. .. ..
OjS O M T
lPiVacuom Oil
2.
9
63
SI
22 1
18
1'4
474
481
ISSL'ES
9
68
24
220
117
108
472
481
AMERICAN LIVESTOCK
fthlnenn tines nia
Chicago, Sepu 16. ( L N. 8.) Hoc:
Receipts 4000; marker steady to strong. Buik,
$7.80 0 9.80; top, .$10 00; heavy weight.
$8.60(9 9.65; medium wetgbt, $9.80 0 10 00;
lightweight, $9.7 10.00: light lifliU, $9 25
W9.85; heavy packing Iowa, .smooth, $7.50
?)8.00; packing sows, rough, $7.0007.45;
pig. $9.25 t 10.28. -
Cattle: Receipt TO. 000; market nomi
nally steady. Beat item, choice and prime,
810. atiell.BS IBttiitim Bfl4 .Vy4 Ctt l.k
10.60l good nd choice, $10.13 011.86;
common and medium. $6.60 & 9.60. Butcher
eatU. heifer, $6.00 10.00; eow. $4.00 w
8.26; bulls, $3.6094.60; earners and cut
ter, oow and heifers, $2.6008.76; canner.
teem, $3.50 g) 6.00; veal calve (light and
bandr-Welght), $12.00 14.00; Ieder tera,
$4.60 07.76; atooker.eow and heifer. $8.60
08.00; atoeker calves, $3.50 6.76.
Sheen 1 Reoainta 600: markea nnnln.n.
toady. Lamb (84 lb, down). $18.00(v
14.00; lamb, euil and eommon, $9.00 (4
18.001' spring lamb. $9.60ttll.50; year
ling wether.. 87.009.00: .awee.- 1.1 hum
. H I 6,75; ewes, cnlia and common, $1.504.0o;
J ?2 $ ! ". 34.60 6.25 i feeder lamb, .
- KanaM City Hog 39.SB
- ' 1 - -."W I -"-I'-. , ' I. fi. B. "1 1-
tl Receipts. 16Q0; market, acUve. Steer.
$9.00 10.60; cow, and hilr. $5.:ow
8.60; atoeker and feeder. $0.60tt7.7u;
calves, $9 00 11.00. , ,
Hon Receipt, 1000. Balk of tales, 83.50
8.10; top, $9.26; beavie. $8.60 9.00;
liCfats, $0.00 9 9.25.
,1 Sheep KecMpta, 4000; market, teily;
lamb. $18.00 013.40; Wether. 87.60; ewe.
$6.60 6.80. ' .
- , No. SwtU Hot Marfc4
Seattle. Sept. 16. Hogs None.
; Cattle Receipt 25, market steady. Prim
teen. 87 65; medium to choice, $7.23 0
7.7S; eomnicn to good. 36.506.75; fnedeis,.
86.23; beat eowt and heifer. $5.25 6.50;
ommon to good, $3.60 0 4.60; medium to
choice, $4.76 0 6.00; cannera, $2.60.
i- Sheep none.
Omaha Hog 80.38
1' South Omaha, Neb., Sept. 16. nogs Ke
eeipts, 500O. market hgbt,' steady to strong.
All ela-saee. 19016a up. Bulk packing grades,
67.6008.00; bntehers, $8.6008.26; Ujv.
$9.66
' CatU Receipts, 1 800, market for th
week:. Beeves. 23&40e higher; greasers,
Steady; top eorn fed iteerv $11.00;- veal,
fteady to 60o lower; ball.. 10 higher; feed
ers, 25 lower.,-
; Sheep Receipt, 500; market for fat lambs,
$1.26 higher; tops, $14 00; sheep and year
liag. 25 to 60 h gher; feeder lamb. 6oo
to 76 higher. ,
(Denver.. Sept. 16. (U. P. CatOe R
ceipia, 600, mirket teady. Steen, $6.60(9
7.83; oow and heifer, $3.76 0 6 25; stock
era and feeders, $5 00 0 7.50; bull. $2,23 0 .
p.$0; calve, $6.6000.00.
' Hogs Receipt, 100, market 6 higher. Top,
$9.56 bulk, $9.0008.50. . '
Sheep Receipts. 9600. market teady.
Lambs, $12.26013.25; ewe. $4.000520;
feoden.' $12.00 013.00. .
Ban Frnnolse Hog $11.80
110
91.
64
100
100 -i
90
98
68
74
110
111
84
52
87
85
81
87
76
81
89
78
78
62
86
78
43
27
68
93
91
89
85
72
104
69
87
83
94
95
89
99
68
83
5o
0
68
21
221 -
117
1
478 '
491
SAXST PBOBrCE OF THE COAST
Seattle, Sept. 1. Ega Select ranch.
40c; pullets. 2 Sc. -
Butter City creamery. 46c; brick. 4Tc
Cheese Oregon trlpMtt. 24e; Tonag Anwit
ieu, 26028c.
Le Angel Market
Tos Anrelea. Sept. 1 6. Batter 48s. '
Egg Extras, 45e; case eosust, 37: pul
lets, 34. f ' , .
Poultry Hen. Inc; . brouen. S2; fryers.
Baenos Aires Wkeat
Bnano Aire. Sept 1 S. Close: : Wheat
fin. October $1.08 H . lo kixher; February.
$t.O, He higher. - Corn unchanged to He
bigbec. Flax So bigaer. . OaU nnchanged;
eaaicr; fin. ... , , . . . ,
POTATOES AlO.TO THE COAST
. aM Prejielsce Mark,"'
ban Franciaco, - 8pt 14. V
Oniona, yeU.,ws. per Cwt,. $1.23 1.33; green
onion, $1.76.'-: ,....
Potatoe River faney. 31.00 1.1$.
-80410 Mark at ',
Seattle. Sept. 1 6. Oniona Wall Walla.
1 01 c. waua.
Potato Takim Gems, . 2e; ' local, 1 0
a c
Xaw Tork-Loadoa SUrer -New
Torn. Sept 18. Commercial silver
wo emoted today a follows; Domestic, no-
banned at 99 He; foreign nt. higher at
89 . ...
London, Kept, 16. Bar sOvef wa d
higher at S d. ' - - , ,'-,. .
i
Sta Fjanciaco. Sent. 18. (IT. P 1 Tattl
Graa fed frteera. No. 1. 7 07 e; necntid '
ulity. T 0 7 He; cow and heifer. 6 (a i
olve.,Jlht, 3 0 8e; calves, heavy. 6 H 0
8 H e. , i
Sheep Lamb. 11 0 12e; Wstlwr. 6
0 Se; ewe,' 6 0 0.
Hog Hard grain, weight 100 to 178 lb.,
11011c; over 800 Iba. 8Hg9Hc
New. Tork Cotton seo'd Cil
' New York. Sept. 16. Octtovueed oil eree
Ing priees: January. 3T.7O0 7.no; lbrjri.
$7.1007.80; March. $7.9O07.7: He-tm- -ber,
38.2O08.6O; October, i $7.92 H.oo;
November, $7.85 07.72; Dewmber, -$7.83 w
7.72.-
Terelgn Excbaag Market
New York. Sept. 16.--I?. P.) Foeviro
xebang closed easier. Sterling, $4.42 .
off ; franes, .6739: lire. .01 18 Hi Bel
gian. ,0784; mark. .0996.