Ark 1JJ FOREIGN CONDITIONS WILL HAVK MOST DIM-XT EFFECT UPON PRICE OF WHEAT IN THE UNITED STATES THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNIngTToCTOBEiT 8, 1922. FOREIGN AFFAIRS INFLUENCE WHEAT Conditions Abroad Must .Be Watched More Closely Pre miums for Quick Deliveries. MERCHANTS EXCHANGE WHEAT BID S -! Hani Soft West Hard North West Vhiu White Wliita Wa'tr Swine Red $1.18 $1.09 $1.08 $1.60 $1.04 $1.03 1.19 1.10 1.09 IDS 1.09 1.04 11.19 1.10 1.09 106 1.09 1-04 1.29 Ml 1.14 1.07 1.14 1.03 1.19 1.10 1.09 1.60 1.09 1.04 1.20 1.10 109 1.06 1.09 1.04 wk ago 1.19,140 i.m i.ojji os 1.04 YwST ago 1.03 . 1.C3 1.03 1.0,3 1.03 1.01 Mon. . Tuea. Wed. . Thttra. Fri . . Sat., ' t r By Hymen H. Oohen Crop throughout the world would call for an advance over) prevailing prices offered and paid for wheat t thia time. Monetary con--dttioos are such i that no such advance is likely. Hero the matter mil sol far a supply and demand are; concerned at the moment - To chanre this aituation i the European political tnf. Foreign affairs of state will hare more to do , with the making of wheat prices in the Pacific Northwest than ever before. Peace conditions can mean either higher or lower prices The market would advance under European war cradvlions. There fore it is advisable to wateb Europe. Present prices paid for- wheat here eon Wnna in ocea of what Europe is willing to per for supplies at the moment, Exporters who o!d wit eat some time ago for October . deli very received - a somewhat better -priee than would be available today. Therefore, while they are trying to bay on the basis of what they can aril for today, they are forced to pay aa advance over thia order to secure their needs with aa little de'sy aa possible: Probably the chief factor in causing the high pjytrajums on wheat to remain here is the fart that the grain is so smutty that con siderable more than requirements must be purchased in order to secure the actual needs after cleaning. The real situation in the wheat trade may be noted salieri th sale of a cargo of club afloat from Portland was thia week sold abroad at $1.07 a bushel f. o. b. abips. which means not above $1.05 f. o. b. can at Portland. At the same time ex porters werfc offeriRjT as high as SI. 12 for similar wheat for immediate track delivery here in order, to fill the ship already sold to Europe. " Flour shewed - a fairly good demand from the rient. with club straight at M.90 and ofueatem cutoff at $5.10 -a barrel. Millers have finally changed their minds shout new-crop pa?enf and have put ire a price of 17 per barrl instead of $6.75 aa was preri ouVy agreed ujwn.u Old crop patent remains (7.20 for the nominal holdings. t WHEAT Baying price, nominal, tidewater, track delivery:! Club, $1. 0991.12; blue stem, $1.22; Bin Trent? oiuestem, $.1.23; Tur key red, $1.13: red Russian. 8107 9 1.09. DOMESTIC FLOUR Se'jTns price, mill . door: Patent, new crop. $7: obi crop. $7.20; Willamette valley brands, $5.70 9 5.85; local straisht. -$5.4 5,;" bankers" hard wheat, . $7.20 . bakers' biuestem, $7.10; bakers' pastry, J5.90 bbl. ; graham. $6.09; whole wheat. $6.20: rye. $u 80 bbl. Price for city delivery, 15e ex tra: suburban, 20o extra. EXPORT FLOUR Cmb straight, $4.90; blues tem.. cut-off, $5.10 bbl. HAYf-Bnying price: Willamette timothy, fancy. $18 00; Eaatern Oregon timothy. $20 . 9-1 per ton; clover. $17.00; straw, $7.50; : alfalfa $13.00; grain hay $17 60(8)20.00. 20,00. ' GRAIN iSACKS JomTBa No. 1. Calcutta. lOe for- .new crop delivery. -Domestic bags, 10c each, i - MILI.8TUFFS Millrun at mill, sacked? ton lots, $27.00; carload lota. $26.00; middlings. $$8.00 9 31). 00 per ton. . OATS Per ton. baying price: Feed. $32; mill mi. $33. ' , BARLEY Buying price-. Feed. $23.00; brewing, $28. HO. FKEPSTUFFS F. a. b. mills: Boiled bar : ley, $37.00; whole barle;. $35.00; aTTalfa meal. $30.00; cocoeaurt meet $3 60; cracked corn. $38.00; whole corr. $30.00. Merchants Eushanci bids: ' . Hard White Soft White Western White Hard Winter . '. . . .. Northern Sr.ng . .-. Western JKed . . . KKKD OATS No. it a lb. Natural . . . Sti-lb.. CUpps .......... 8b lb. NaturaU BARLhil 44-lb. Minimum 4.0-ib. Minimum -. - ,WttN Sol.! K. Y. Shipment . . . Oct Nov. . $1.20 $1.20 . 1,10 1 -OS . 1H9 1.07 . 1.06 1.0 ft . 1.09 1.07 . 1.04 1.00 $33.0O I33.DO 32. 00 82. OO B4.50 34.00 $2900 $29.&0 28.50 2JJ. 60 $30. 2b $30.00 POBTLAXD WHOLSMLe: PBICES Theao are the prices retailers pa whole salers, ncept as othwi noted: 't BL'TTEK Selling p-ice, box lota: Cream eiy prices PTintf, extras, 48c: for plain WTap i pens cube. 43 46c per lb.; dairy, buying' I price, aoc rr la. 1 Ki'TTERF" AT Portland deliver buii: No. ! 1 grade, 4Sci No. 2. 45c: No. 1 atme.; 4Cc ! for "A" grade. ' i 'CliKE.SK fcVUing: Tillamook, triplets, i 30(i3lc lb.; Young Americas. 3-1 ! $2e lb.; Oregon tnj.leta. 24 25c. Buying pr.ee, f. c "b. Tillamcuk: Tripljets. 2Sc; Young -Ainerica and icnclicrns. 2Uc. Selling price: Block lWisai Urtcy.' 2S & 3ic; Umliurger, 25 ? 28c. cream brick, Oregon, 232oc; Eastern, 25 2ec EGj8 Buying price, Front street: Cut rent receipts. Western Ortcont, 41042c doa.j Eastern Oregon, 3tiS9c per dosen; henner iee, 48o per dosea; aeiling price, select, 60e per dosen; candled. 48c; pullet. 42e; storage, extras. So 8o per dce. EUUa Association selling price: Select, ' 80c; brown, 50e; firsts 4 8c; pullets. 42c -' UVE POULTRY ' Selling price: Heavy hen. 21L24ou per lb.; light bens, $1 lb.: broilers, liocks, A2 et ; other broilen. 1 S22c lb.; oki rooSterB. Sc; ducks. 14loc per lb. - Fresh Frultg nd Veaeteblaa FRESH FBt"lTS--Orangei $5.00 10.00 bM bananas. 10 (10 He; lemons, $10.00 -10.50 case . grapefruit, Florida, $10.00 -"'ll.OO; Ciifornia. $3.004.00; peaches, $1 1.10; caotaloupe. $2.W(S2.S0 water- melons, 1 W 2c per lb.; ice cream melons, liae 'lb.; honey dew melons, 2c; easgbaa. Static; Bartiett pears, 4 5c per lb. ; Concord grapes, .. 4i3o per lb.i. Miucat. $2.30 lug; Xoaajr. , C. 5(1 s 3 00 lug. u BElUtlKS Blackberries, $2.25 2 50; '- rtrawDeiTies. $2.BO per craU; cfanoerries, $5.50 b.ig. lKIia FRUITS Date. $4.50 if $.00; ,'figs,. white. 18c per lb.; prunes. 4 ami 50; 50-lb. box. 14e lb.; 0a and COs, 16c rtj ON IONS Selling , price o retailers: Ore . 1 1.25 ( 1.50 cental: garlic. liAlSc -per lb. ; green onioaa, 23 (e-30c pee dozen bunches. POTATOES Selling price ta retailors : Ore ion, famy, $1.23 135 pet cental; sweet -- mikiam. ft V ab 4n nair lb y KliKTABLJtS Beeta. 40c pes doaen ' budchftt; eabbage, 1 H 2c per lb. lettoce tl 50 Her craw: wmts, 4 0c ipe doacn ' bunches; tomatoes. Oregon. 25 35c; horae ralisb. 15c lb.; artichokes (-);. cauliflowet 50 75c dog.; celery, SfrgTSc to; am ine r squash, fie; Yellow Bantam cxm, 60 be sack APPLES .Mew crop, 4$1,00 .23; erah- appiea, 4e lb. 1 N r I mmu COrxTBY MEATS Selling price: Coon try hoe. 1 ft 1 to e ; heavy stuff less; Teal topa (about 80 to 100 lbs). 13 15 per Id., heavy stuff less: lambs, 1 So per lb. SMKK.EU MEATS Hams, 27 8 Is 0k; "breakfaAt bacw, 21 i 46c lb. PACKING HOC SB HEATS Steer beef. 14V 15e lb ; beiiera. 11 lie; ewer. llVte; lambs. 18 20 lb.; awe, l14c lb.; hogs. 17He lb. . IaRli Kettle rendered. 18 He per lb.; tierce basis, campound. 14c Convention of Shippers , and Growers Needed to Market Produce of Northwest States t- . ' ' ' ... - r . ' ' By Hywaa H. CoSea - . . Th time bas come for Pacific Kcrthwest fruit and produce growins .nd markeainft interests to yet together in some aort of ggTeeinent aa to Quality Of pack and description of packag-cs. I . i 1 ; . m T a a , i r. ... I flF CI appies. peaches and pears are concerned, there are various packages of strawberries and other soft fruit, as -weu vegetables. : ? While perbaips the greatest problem In the marketing of Oregon produce crops is to get sufficient growers in a district interested in order to grow one sort of product and market in a like manner, still the absen-ie of definite style of ; package makes It almost impossible to secure, satisfactory busineas from outside points. In fact during certain season it Is Impossible to quote some produce oecause of the great difference in the style and size of packages offered. Confssios Rains Market Confusion as to style and Bize of package ruins the market for Oregon and other Northwest produce. Buyers at distant points are unable to purchase here, because thev do not know what they are going to get. The result is that orders go to states that have standard packages. - Take asparagus, for instance. Some of the growers put their supplies in j flat packages of one weight;, and others1 utilize another weight. Then there is the pyramid package, of which several weights are noted. Then a suitcase pacaage is sent oy some bhicis. Tber is the berry grower, who sends packages of 24 boxes and then the 20 box crate is sent. Then again, there is the 12 box crate. . - Tbiere is tiie cherry grower, who ships in shoe boxes, and in any package ho can find around the place. . . ' - -j The apricot grower has a bettei package generally, but some or the shippers will. occasionally put forth something different from others, so as to make sales more difficult. . 1 : -' ' ' CoaveBtloa of laterested Seeded A convention of growers and shippers is badly needed.!' There aremany problems within the trade $f the Pacific Northwest that could b straightened out if properly discussed.. ' r .... . ' .f L There are grading rules for apples. They differ with districts andi with shippers. The extra fancy of one district is foreign to the extra .fancy of another section. The "C" grade of one -district is occasionally as good as the extra fancy of another. . Shippers grab a rubber stamp and mark the qaaUty to suit themselves. " . f ' , . . , 's -Not only is the grade marked wrong in many Instances, but every shipper appears to invent a new name for his supplies. The Elberta peach occasionally corneal forth with an entirely new name, all of , which is most mystifying to buyers generally. I i wmwm JUymaa H. C'olaea Exports of Grsdn Very Weak f According to World Conditions The erports of wheat thia year may bew that consumption this year varies from last nMr mr leu than last "vear. edeoending upon the per capita consumption in the United States and the -lorelen demand, according to estimates recently compiled by the, C. 8. de partment of agriculture. . ; On the basis of the September forecast of production in the United States there will, be available for distribution during the year beginning July 1. 1922, nearly 17.000,000 busheS ' more wheat than was available last year. This fisrare includes an estimate of about 7,000, 00O bushels more than last year carried over in the form o flour. Assuming that the. same amount of wheat will be consumed per capita thia year as last year, the -forecast vrou!d indicate an exporta ble surplus or about 275,000,000 bushels. In the year ending June 30, 1922. the net ex ports amounted to 2e2,00,0001 bushela. Surplus Plouree Chans Exportable surplus may be, andoften is, computed by another method. Before the war ' the normal -per capita consumption of wheat was estimated to be 5.3 bushels Tier year. If the population continues to- increase at. the aam rate that it haa for the past de cade the population on January 1, 1923 about the middle of the crop year 1922-23 will be 109.900.i000. At the rate of 5.S bushels per capita the amonnt of wheat re qaired for consumption for the year will' be about 583.000,000 bushels. Allowing - for seed and carryover at the end of the - year aa indicated in the following table, the' ex portable surplus for the year 1922-23 will be about 141,000,000 bushela The estimate of 5.S ' bushels per capita as an sveraga for the pre-war period seems to be fairiy well established. If 'the estimates of production and carryover last year were accurate, conswmprion per capita was far- be low the pre-war normal. Assuming that both the estimates for 1921 and the forecast for 1922 ale accurate, the -problem centers en the per capita consumption!. During the war period and since. TT capita consumption haa probably raried "considerably, but it ia Bxt known just how elastic it is. The exportable -.ir;ius will varv from last rear to the extfent Are. 19US-1S13 Brohels , 686.691.000 , 28.841,000 23,023.000 29.000,000 ,-. 147.000,000 year. If the consumption last year was as far below normal as the statistical computation indicates, return to the normal consumption of 5.3 bushels per capita would leave) only about 141,000,000 bushela for export, i Total wheat available , . . .927.287,000 Bushels. Consumption (normal, 5.3 bus. per capita 582.768,000 Seed to row same acreage as last year (winter wheat 44,- 293,000 acres, . apring wheat 31.466.000 acres allowing 1.38 bus.of seed per acre) 104.547,000 Allowance for: . i Stocks on farms July ; 1. 1923 (average 1909 1913) . Commercial visible" surply" . . Oountry mills and elevators. . Flour ( in terms of wheat) . Total to remain TJ. S. . . . 28,4i.000 2OO00.000 25)00,000 -25,000vO00 . 786.154.000 Production Held on. farms . . . Commercial tisiblet In country mills and elevators Flour in terms of wheat Bemainder exportable 141.183.000 "Export Figures Vary There is a wide margin for conjecture be tween 141.000,000 bushels and 275.000.000 bushels. The actual amount exported during the year will probably be somewhere between these two figures. The value of the Computation by cither method, oi course, depends upon the compar ability oi estimates. 11 the amount of wheat exported and stocka on hand at the end of the year are taken out of the supplies for the year zyzi-zc, trie amount of wheat left for -consumption is very low. The Question naturally arises, was the per capita consump tion last year below normal or waa tiiei crop underestimated? If the crop waa underesti mated last year and is equally underestimated this "year, the exportable surplus tor 1922-23 can be computed satisfactorily by comparison with 1951-22. ' Wheat Supply Available ' Wheat suinpir for Tear beainmna Jutr 1. 1923, with; comparable figures for previous 1921 Bushels -794,893,000 66.707,000 9.966.060 20,767,000 22,000,000 Total 814,555.000 910,333.000 1922: Bushels 818.474,000 81,641.000 20,342.000 27.830,000 29.O0O.000 927.287,000 Forecast Sept. 1, '1922. tBradstraet 1 Three-year average, 3911-1913. 5 The North western Miller estimates 6,000.000 to-7.000,000 barrels. Experts of wheat, including flour -tin terms of whesti . 1909-192L. Year Ending June 30 1909-1913 . tsi.v . . . . : . ... .:. , . 1916 .1-. . . 1917 . .-. . . 1918 1919 192t, . . 1921 1922 Domestic Exports Bushels 104.967,080 332,464.975 243.117,026 203.573.928 132.578,633 287,401.579 219,864,548 866.092,190 2 797170.672 Net Imports Bushels 1.613,263 527,899 6.566,4 ti) 24.861,038 20.803.697 i0,78.157 5343.700 66.413,162 16,861.999 . Net Exports Bushel? 103,353,823 331.9S7t576 2.36,550,616 178.712,890 102,774,936 276.615,422 214.520t848 309,679028 262.308,673 Boston Wool Is In Good Position; Future Is Bright Boston, lease.. Oct. 7. Wool conditions are heel thy today and improving steadily, all danger of traders being carried off their tost by a boom seein to have passed. - It is considered a good omen that prices have been advancing- eery conservatively in snite of all the incentive to speculative ac tivity. ' : Good progress is -being made in adjusting the burdens imposed upon the trade by- the new tariff. A number of problems remain to be solved but it is believed that in a com paratively short time importations and sales or foreign wool in this market will be on a normal baeia. in pounds lor . the week Receipts of woei iw as foljowa: Domestic foreign 1 Totals i i 4.S95.000 8,148,900 Receipts 4.195,000, pooads compare with 4i.431.40O. -pounds for the proceeding week et which 1.923.100 pounds were domeKtie wool. l22i 1921 - .1,363.200 2.936,100 .9.031.800 2 12. SO B KAN S Small whits. $6,80; large wtSfte, $6 50; pink. $690; nmaa. $9.00; kayou, $,0; red. $5.75. - , HONEY New. $4.00 9 4.(0 per ease, l- BICE Japan, No. 1. 6e; Blue Boas, e ' Hl; New Orleans head, lic ClFFEaKosted. 22 ) S4 H Ba,- ta s aweka or drama. ... ,. . - - SiALT -Coarse, half ground. '100a. $15.00 ton: ftOs, $17.35: table dairy. 50a, $27.50; : balea, $3-50 4.00; fancy tabte and duiry. $34.50; lump. $26.0. SUGAR Cube, $8.45; fmi and berry. $7.30: yellow D, $6 90; beet, granulated X 7.; extra C. $T-10: goMea C ..' CANNED MIXi TaHa. $6wO; baby size. f $4.90 caae; SagAe. $ 35 eaasv : n INTELLIGENT PRODUCE Si i:l - MARKETING -"-"!. Tmi wtlt get i higher returns for you -prodttc if you will us our new meth 'T. ds: beforai ahippang any prodiact to ':.a&l4MC - . ? Zr- ' ; Vflto Ct Otf - "Wa 4VIU n- lag t Teil Ta Hew ; Ruby & Co. 215 Front St. ! SODA CRACKERS In bulk. 15e lb. NUTS Walnuts, 21j26c lb.; almonds. 23 28o lb.: filberts. 2027e lb.; peanots, lOWlOo lb.: iecan, 30 gi S2e lb.; Brazils. 1 22e lb.; chestnuts, Japanese. , 22 0 24 lb. rhk and ShwtirWt FRESH FISH Chinook, fresh. 1 6 S 1 Sc ; hauhut, 19 20c per lb.: black cod. 6c per lb. ; basket kippered cow. $2.00 ; baket kip pered salmon, $2.00; ling cod, 78e lb.; aoie, 10c peg lb. ; arargeon, 20c lb. : red snap pers, 8c IK - . . OYSTERS - Eastern. $4.50 caL : Olympia, gS-OO par gall an, $1.40 Quart: crabs, lacsc, $3.60 doaen; eanail, 2. doseo. Hop. Wool anst Hlaaa HOPS 1922jerop. nominal. 810e ft. HIDES Calf akins, 17e lb.; Wpg. -.14e lb.; green hides. lOe In. ; salted,: 12e pgr lb. ' . MOHAIR Nominal. 22$2e.' SHEEP PELTS Long dry pahs, Jle; short pelts, 10 Me lb.; long hair goat pelts, 16912a lb.; short aair gnat pelts. 20 w 50c each. ; WOOI. WiBsBeft valley, eoarse. 20 9 S2e; medium.- U80e lb.; rma. S035e .; Eastern Oregon Idaho, SO 37c Bx ' TALLOW AND CREASE No. 1 tallow. S IHe; Now 2, 4 Mf 6e; grease. It, 0 4c la. CASCARA BABE 122 piel. 7c; 1921 peal. 8c ib.; grape lobL .Te fc i x - t-umber anal SMnalas - latest carload laaa Oer n Ins bv maanfae tnrees. gjTSOtations rep met n ting ti a. b. mill vat aes is direct sales to ntailen gad inc!odmg aeiling expenses: - - - : Hign. Lew. $54.00 $52.00 41.00; 39.00 May Jniy . . . liay rr; July . . Deo. . . . May" ... July ... Dee. . , . May ... Dee, . . , May ... FLOOBISO 1x4 No. 2 sad bet. 1x4 "No- S a. g. . . -FINISH; v 18 lO . . CKlf t j- ' - x4 No. 2 and bet. . 49.00 - DROP SIDING- . lzS No. S and bet. . . 44.00 f 41.00 BOARDS AND SHlPLAPtl XxS 1 alt ........ 1.3 lt-BO UIMKMSIOSS Ave. I. ... . 89.00 64.00 59.00 59.00 $7.25 SS.09 "1; 19.50 16.50 41.06 18-60 1.50 2x4 12-16 SMAXL. TTMBERSs 4x4 12-1 ...w,. w:ft Sla,. fir A" ahiagvea, i , :r.V. i - ' S.55 'tUi Total smira try 27 mits. 6,706.700; feat. 24-50 20.50 21.50 Wheat Market Is Firm at Chicago; Prices; Go Higher Chicago. Oct T. ft N. S. ) -Wheat de veloped firm strength in today's short ses sion and prices worked substantially higher. Covering by local shorts snd support by com mission houses with eastern connections found the market rather bare of offerings. The close waa He to ;c higher. Corn followed the trend of wheat and dosed lc to 114 c higher. Oata were firmer and closed He higher. (Chicago range Open. 105 H 108 101 61 S3 U 63 S 88 U 39 Va 38 by Orenback WHEAT Jk Cooke Ce.) Hiirh- 107 s 1094 102 a CORN 62 14 3 r,4 u. . OATS i 39 89- BIK -u-T , 71 H .72' 72 H - BARLEY r - LARD ' 980.. 492 Low. 1064 101 H 60 62 3H 88 89 H h ?o ?H4 ; 980 TJlose, 107 109 102 62 H 63 68 g 88 89 '88 71 72 b 6 58 H - 42 Chicaro Dairy Frodara Chicago. -tJct. T (t N. S.) Butter Receipts,, 6960 tubs. Creamery standard 89c. extra firsts 39 41 He, firsts 3S39, pack mg stock 2'27Hc Kggi Itnelpts. g5ga cases. - Miscellaneous 28 6? 30c, ordinary fisrts 252c, firsts 819 Sc. checks 18 18c. dirties 15 19c. Cheese j lwins, atf liHlitt. Daisies 22 23c. Young Americas 23 H vt JS4e . Longboras 23 Z4c. brick 24H 920e. live poultry Turkeys 3704 -chickens 1& 23c, springs 19c, rooatera IS aa." geese 19c, docks 24a. Foreign fxcaaara Market Kew Xork, Oct T. (TJ. J.J Marks touched another new lew. record today at .0004 W. Other exchanges r. pined Bras. Bter hng $4.41 ; frsacs. .0758 ; arc. .0429 i ! mark. ; .0004 H. WEAKENS TRADE Increased Make in Sections Is Cause of Lowering of State Cube Pricesitortland. v ' ' . . A aery good tons) was shown generally throughout the dairy products market for the week. This condition was not only 'indicated locally sad along the Pacific feUopa but gen erally throughout the country. VV bile at the week-end the local market for cube butter re flected alight decrease tar demand with in creasing output, sUU this appeared purely s temporary condition. Recent rains have added materially to the output of batter at local, points and stats creamery cubes have been in a slight over supply toward the week-end. There was more free offering of such supplies with state extras down to 42c a pound, while neutralise rs con tinued to ask 43 46c a pound for their own output. Naturally raider such conditions the off -grade stuff should r be considered weak. California was a fairly liberal purchaser of batter here during the week) with continued Strength in Southern values. E49 - Trad Rsvalng Firm Market -for eggs remains firm, with- no ehange ini general buying or aeiling values locally for th week. There was no change in the general-situation, bulk of operations being in ice bou goods. W rale in the main teporU indicate that sellers are 'playing square, with their trade in making sales st storage wheat each Is the case, a number of compiafhta have been received regarding tlip alleged erasing of the cold storage mark, add the sale of con tents as fresh goods. k - - Cheese Sttuatlen Firm Market for cheese continued to reflect strength here for the week. There was an urgent demand reported jat Tillamook, with California still seeking stocks here. Foreign type cheese showed a further advance in the East. Canned Milk Higher Condensary interests quoted a further ad vance of 15c a case in selling prices during the week; due. it is alleged, to the liberal demand from abroad. Wholesalers added 6e to this advance. For some time past whole salers had been selling canned milk below a profitable margin in order to stimulate sales. Chicken Market Easier Market for poultry showed a sligHtly easier tone during the week. While there continued a demand for heavy hens and premiusaa en such offerings were available even at the closing, light stock showed lees attention. Sharp Decline In Veal After showing a rather favorable price as high as 16 e a pound, country killed calves came in an over supply toward the week-end. resulting in salsa down to 13e on Friday. Country killed hogs were considered about steady. Potato Trade Weak With Idaho and Yakima consigning cars to Portland, there waa a weak tone in the local market for the week. While the general trad continued to quote as high as $1.260 1. SO to retailers for good stock, others who wanted to move supplies aold the best down to $1 in small lota., Idaho stock coat $1.00 01.05 to land here, but Yakima offerings were svailahle 10 25c less. ' Poor Onion Demand Witb) poor quality Yakima stock competing for the limited trsde of this section there was but nominal movement of local onions daring theXWeek. U rowers held their best stock st $1 generally, although some sales were made 10c below this. 1 Apple Situation Slow No - Improvement is noted in the apple market situation. . Car shortage is all that is keeping the trade x here and in the ilsst from being to thoroughly demoralized that it would be impossible to secure handling charges. As matters stand a very large per cent of the Pacifio Northwest crop cannot be moved until' after the arrival of cold weather. Due to the lack of storage room for the huge offerings, great loss is expected to result. Hides and Wool Firmer Both hides and wool showed a firmer to1 for the week. Tariff changes have created a speculative interest in both markets. Enor mous profits are said to have corns to big speculators. Canned Salmon Active Active demand is showing '. far canoed salmon. Orders for nearly 100.000 . eases of chums are said to be available here, for which no supplies are in sight Demand is now shown for all qualities and varieties although there have been no stocks of first quality held by canners for some weeks.- In fact Colombia river, deliveries of No. 1 Chinook are said, to have been not above per cent. AMEBIC AX LIVESTOCK PRICE Chiasm Hons S10.06 Chicago, Oct 7. (L N. B-) Hogs Re ceipts, 5000 u market steady. Balk. $8.00 & 9.90; top. $10.00; heavyweight, $8,70 9 9.85: medium weight, $9. 65 10.00: light weight, $9.75 10.00; light lights, $9,00 9 9.75; heavy packing sows, smooth, $7,609 8.25; packing sews, rough, $7.00 9 7-50; pigs. $8.50(3 9-25. " Cattle Receipt. 2000; market steady. -v. -; .4 : . , , 12.70 ; medium and good. $8.00 911.00; good and choice. $11.75 w 12. b5 ; common and me dium, $T019.50. Butcher cattle Heif ers. $5.00910.00; cows. $4.0698.00: bulls. $3-50 9 6.50. Canners and cutters Cows and heifers, $2.25 93.75; canner steers, $8,50 9 5.59; veal calves (light and handy weight), $10.00911.00: feeder steers. $5.04 9 8.00: stacker steers, $4.50 9 7.50; stacker cows snd heifers. $3.50 9 5.00; stocks- calves, $5.50 S 7.50. Western range cattle Beef a tears, $6.00 910.00; cows and heifers, $4,00 9 7.60. EheeD Receipt. 2000: market steady. Lambs (84 lbs. down), $13.50 9 14.85; lamba (culls sad common) . $9.00 912.60; yearlings, $10.00912.00; wethers, $7.00 9 9.00; ewes, S 5. 50 (9 6.60: ewes (culls and common) . $2.00 94.30; breeding ewes, $4.50 11.50; feeder lamb $13.00 14.26. Omaha Hoes $9.60 South Omaha. Oct. 7. Cattle Receipts. 1000; market compared g week ago, cone fed beeres steady;, others aboat 25 cents lower. She stock 15 to 20 cents lower;. balls, 25 cents lower; stockers and feeders, 15 to 40 cents lower: veal, fully 25 cents lower. Sheep Receipts, -none. Market compared with a week ago, lambs, gl.OO lower: yearling sheen- and feeders, meetly 60 cents 'lower. Hogs Receipts, 3500 ; market., batcher hogs steady to strong; packing grades.- 10 to 15 cents higher; bulk, $7 40 to $8.00; bulk. 2.O0 to 3.UO ids., outcners, as.za9a.e0 ton. $9.60. Denver Hogs. 8S.SO Denver. Cfalo.. Oct. 7. (U. P.)- Cattle Receipt. 77; market steady. Steers, $6,85 9 7.50; cows snd heifers. $4.00 96.25; stock em and feeders. $6.25 910.25; bulla. $2.25 9 3.25. V Hogs Receipts, 800 : . market steady to strong. Tops. $9.80: balk. $9.28 98.50. Sheep Receipts. 12.500; steady to weak. Lambs. $12.23 912-65; ewes, $4.00 9 5.50; feeders, $12.25 912.30, , 1 Kansas City Hogs 89.SO y Kansas City. VIo.. Oct. 7. Cattle Re ceipts ,2500, for week. -Better grades beef stoers. i mostly strong to . 25a higher: tor. $12.84: other grades, mostly weak to 25c lower; soma medium greasers "off more; fst ah stock generally weak to 50e lower; can ners. steady; bulla, mostly Z5e lower: calves. unevenly 25c9 $1.00 lower; stock cows and hellers, steady to Zae sowar; stock - calves, steady to 50c lower.: Hogs Receipts, 2509; active to packers, few early sale, steady: most sales, S 9 10e higher ttiau yesterday - pacaer ' market; top, gV.SO; 165 to 230 pounders, mostly $9.00 9 9.45; buik 240 to SO0 pounds, $8.75 9 9.85; bulk of salsa. $8.80 9 9.50; packing soars, steady; mostly. $7.25 9 7-50- 1 Sheep Receipts, 1008; for weekT Lambs, 75c 9 $1-00 lower; top. $14: sheep, slow; about stesdy; feeding Jamba, 50 9 73e lower. Kew Tort Poaltrr 1 Market , New York. Oct. 7.1 (L A. S.) Dressed poultry Market steady. Chickens, 22 938c; fowls. 22 83c; turkeys. 30 968c; ducks. 29 g28e; gees. 18913c..'-- - ' Live poultry Market weak. Chickens. 21 9 23e; fowls, 20 9 29c; turkeys. 29 5te; roosters. 18c; ducks. 25927c; geese. 'JUft 22c. , NORTHWEST ! BANK STATEMENT f ' ' , PorUsswl Banks " " . Monday . . Treday . . Wednesday Thursday . Friday Saturday . - Week ' , Monday . Tuesday . Wednesday Thursday Friday ... .Saturday .... 1922 6.861.365 T.044,661 10,998.200 6,761.415 5.926.509 .512.746 1921 8,917.058 6.106.59O 8.691.137 8.561.4 1A 6.339,288 5.490.576 1822 $2,088,221 '8.48i: 4.151.72 1.069.513. 1,003.701 , 407.874. Balances 1821 . $1,300,748 564.721 923.673 873,294 1.180.977 .1.049,004 - - .... .. a. . . $48,089,888 i 834.108.492 .; ' 8msit is stanks . . . w. .... $ W.88T.682 8 6.604.4 5 1 . 8,617,031 i -.lS8.988 ? . - - - . . - . 8.574.317 4.285.080 4 ; 884,332 8,008,799 E i 8.183.97 4.919.14ft t 58w,8ft i 4J14.85SVT $9,689,178 $5,88322 $I,962.80T : 4 - 764.410 1.397,297 M25.816 1,089.52ft 1,278.458 . $1.66.8I9 . 830.66 L l.Ol 1.728 725.72. 908.878 829.028 WevX;f.V.lt..$34,2.l?2.i 829 -35;80.-y $7,818,8141 !" $5,86128 SEM ES RISE 1 I n vr is DURING WEEK Increased Output With Rising Prices for Steel Are Factors; Turkish Situation Acute. : i- : By Stasrt !P. Wsat (Copyricbt. 1922.. by Tkw Jooraal) New York. Oct. 7. The past week has seea a genenal- recovery to tat markets, un doing such toss as occurred wtule the Turkifta piw ni -at-y.-Mj-.iiiir'iai trouble appeared te be I 'T -. ,1 in an acute stage. I This recovery has been t i'. iTT'X simaltsasgem an : iw- . ta atoei. and in oot- tou. . The stock mar ket, hswcTot. bag had other , considerations that laterested it mare than tne subsidence of ane . political nsia i abroad. ' --a 1 lnaresaea ' ewpai : ' with . rieinx- pricea ia trie steel Industry, ear laadlnss which - shewed the- present volume of railway tounagexelose to 1 thai largest erer known.' the diaappear anca of such , slight 11CIH a thera were a fortnight ago of a hardening mseey market, and the Htaadard OIL recapitaliaations aotaiang enormous stock dividends thre have been the 1 matters to rectrtve most, atgrntlon and to exert Lbs greatest influence upon the course of prices. . MOTIVES 8CHINO THE RISC S The two ieasential motives back of the renewed rise In stocks are- the assurance that the crop moving demands are mot going to seriously cm-tail the supply of credit avallablt for Wall street purposes and the prospect of reasonably profitable conditio na in most ttaea of business (or -at least a nether twelvemonth ahead. , ; Therai can -be no real trade boom without a revival in the foreign commerce, and of this there Is unfortunately no sign ss yet. The borne market , ia i big enough to allow a vary substantial degree of expansion in industrial production, but without the aid of a normal foreign demand ' the relation of output to buying power is so close tbat. business must be conducted (under the active cooperation and consequently moderate profit margins. Of course, there are exceptions In certain lines, but this is th major rule. MEETING RE lie WED 0OMPtTI7l08 The. defense) to this increased competftJoa Is the formation of. new combinations, for the purpose of cutting dbwn overhead and intro ducing more economical processes of t manu facture and distribution. , ., Within the last two years . we have seen tha copper cam panics get together and pool tbeif foreign business under the head of the Copper Export association. We . have seen the chemical and dye eom paniaa come together in a. large consolidation, alorw recently Uiere have been the efforts, only nartially i successful, to bring aibout the merger of independent steel companies. Tha tobacco industry haa had its ahion of manu facturing and selling companies and within the last few daysi haa come -word of an export combination among Xp principal sulphur pro ducers. .When the history: of the period following tha great industrial, depression f 1920-21 comes to be written, , the tendency toward big industrial , copaolidations will undoubtedly be set down as one of its main characteriatica. Wall street, however, baa -bad a rather ex pensive lesson i in the ease- of the steel stocks of what H means to overrate the effect of those mergers upon security value. GOVERNMENT LOAfS TERMS ' No inkling has yet been given as to the terms and nature of the loan - wnich the- gov ernment will soon have to float to take care of ita maturing obligations. The investment market had eat over Its- tit of depression due to the fear that tha esmpetitioa ot these new. securitiea woo Id weigh heayily en exulting ,ts4 sues. . Still beyond a moderate recovery tha -bond list has atone tittle. ; 1 -The "impending treasury! action remains a source of restraint, even if it is wot occasioning the worry it did a fortnight ago. The one certain thing is- that the ' treasury officials will first of all have in mind tha safeguarding of the markeV for tha present liberty issues. Thev sre- not iikelr to fix terms tor the new securities which will make the older bonds appear too high where tney are now selling. NO EXTRA STRAIN ON RESOURCES As for the effect upon tbe general market it has to be rjemembered tnat. wnile tne new securities will compete actively with and pos sibly have a slightly depressing effect upon the older issues, there would be no extra, strain upon investment resources. Tta capital that will be absorbed by tha new bonds,' or cer tificate, whichever they may be, will be matched hv the capital released from the Victory loan sjod the other wag paper to be retired. . ' - : - GERMANY'S VIOIOUS CIRCLE " The fresh decline 'in the (German mark, fniiowine . month of comnaxative stability. has given another proof ot tbe vicious circle in which German finance t working. - Aa the mark goesi down, everything else goes up. The rise in arices involves the need at s constantly expanding money supply and credit supply. Trie only recourse to meev. ine cur rency scarcity and. credit crisis threatened is ta -keeo on Douring' out new .paper is&nes. r This has the inevitable effect before long ?of fresh depreciation in the mark, and the whole process haa to be ton through all orer again. It ia extremely difficult to set honnda noon -the downward movement. A fontim. loan still affords the only conceivable solution, but such a loan of tha else that would be required ia order to do any real good seems virtually . eat of the anestkm while Germany s reparations oui stanua aa h o Tha Haitian banker. Reginald McKenna. hthivk'fmmrtMiit contribution to the twn&rttintu discussions when ae told tne- h.ni imiKiB this week-thait the normal way fbra country to settle a foreign debt waa through aa excess of merchandise exports over Imports' sad that Germany at the present tim; having no. soeh favorable trade balance, was "in no position to pay the vast, ia demanded. BY flXOKGE T. HCGHBS Wall Street, Saw Tork, Oct. Bb India a- was w.ict witaoat partle mlar f eatara to4ay, ,! agaal aa tk aaJf koUdar. "!-:- Hlfk ra4a tssaeg war la gaaaly. Sack koadg as Soatkarm Paalfle ra faadJar , 4s. Delaware s . Hadsoa rt- f SBdiBf 1 48 aid AteWiftw gvicral 4s were laUaea ta ka waax. Tvuri ateveaaents. however, waa aalr a resv Unaatioa sf sm tkat kas kaaa ta pros;, rasa (or sosna tiasa. Laviwa holders a, pareatty aava been tloaUatiaa; a part f their i koldlas-g. Thera ta aarae rea saa to kUeT Uat mors noaay Is r lar lata real estate mortyarca, , - Tke waeklr ttateateat af tha federal reserve aserabar haaka, akliskeV to day, H also gli-alfieaat. It skaw deeUaa iof IU,(,H ia ' tVTesta.ea.ts ft tkft week preeedlaf. Of eoarse tke market aaait aksork a art st.tkls garplag of aeearittee ksla ky kaaks aad ia tke proeets tker Is likely to ke orae weakaess fTaat tlate ta time. -. Llaerty koads rnalatalaed' tke gtroag er to -dlsplayeel Im tha late deailaeii yesterday.: Chaares is the rsralar list were I IrrefaUr aad mostly fraetloaal. ForelgTi koads were jreaerally lower, probably a l-eOeetioa ot tke more seri nes tare In tke aewg fro at, the Sear East last Bleat. - - New Tar. Oct 7. Fellowing U an efHclsTl nsi oi air oostos rraoed in on tho New York oHJca-ucnange sooav wiea nnest and amies id to and incloding the close ot tbe market. . To- ia aaies loasy were giu.zuo.eoo. aasinsf 814,. 334,000 yesterday. $6,960,000 a week age, S8,HS.0Op a year ago,-and $1,136,000 two years agoj1 - - . . - " ' From January l is data $3,354,284,000 against g,a4,3ei.eoo a year sgo, an $2.893.481,000-two yean ago. ; v LIBERTY BONDS . -a (In-N$10OO -j High. Low. Close. SPOKANE LASD BA5K . REPORTS LIBERAL LOA2T8 ' The Federal Land Bank : of Spokane, which serves the states of Oregon. . Washington. Idaho and Montana, made 02 loans amount ing . to $2.07O.900f. dariag September. - Ap phcatkms continue to come in', rapidly, ac cording to tha peak's officials, and several see ermraiajn : have been aPDoiatsd ; to look after tbe steadily increasing business. Since the organisation of the bank at has made S4.726 loans saaTegsitingL $72 J77.985 to fmrnam of tbe TCnrilrweWtern 1 stSteS. A new building' Ss -bing erected, at Spokane for the bank at a" cost of approximately $125. 000. provision being- made to eare t ot a great Increase In tha veiums oi oususesa sswurl The structure wiH be -euotpletod, about Feb ruary 1. 1923.; - ' Report Shows Flaaaelai Coadltioa - Spokane. Wash., Oct. 7.! The Callahan fine at Lead eoganaay had $368,487 in cash. $2485 in aecoanta receivable, $81,865 ia loans and accrued interest receivable. $982 xn milling are. on hand. $55,175 ia sapphes on hand. $503,842 invested in othor properties, $1037 in deferred charges snd $5,041,659 in property amount en July 81, acrording to a report made to gae ww xora stoea exenaugw. T-K . tea.! vaioaricMi nlaeed 5.S70,542. The Uabiuties waces 1 uayabl. -651 06 in $2 17ft: ia accrued stats tax: these aseeta is include- $3424 in aeceuwts payable. 27a,8l in servo for depreciation. $1.060368 in capital stock surplus $376,882 in deficit from opera tions and $5,000,000 capital stock, a total 61 $3,a?v,542.. j -"-::rU Kew Terk BaBrer aas err - -jjRew Tork. 0et- T.-r- (T, N. - S. Batter market active. Creamery- extras.: 44 946c: ereamery firsts -86 4 &44Ke; j eresjsiery, higher scoring. 48 9 47 is c State dairy tabs, 81 9 44c; ire nova ted extras $ 1 9 82c .- Cheese asarkek quite firm. State, whole milk -specials, flats. 25c; whole milk fancy, average ran. 24c; lower grades, : 194 9 2 le. Wiscoashx. whole milk, fancy Young Americas, 24 9 24 He ; State, skims, specials, 17 9 17Hc -: ; - ' J! v- Egg , market firm. Nearby white, - fancy, 73 9 75c; nearby brown, fancy. 52 9 55c; ex tea. 4S-9 50c; firsta. 87c ( ' ' Milk The aeastnel wholesale poro is $5.99 per 1 Oft. delivered' iu New York. Ofiicial quotations discontinued. i - ; . .. i NEW YORK BOND TRANSACTIONS ' , Reported by Tbe JouTaeTe Wall Street Baraaa - Sales. 40T 1 73 4696 30 882 179 2 .. 466 138 IT 22 191 17 1 8 . 1 16, 11 10 1 1 4 ' 11 1 6 8 6 -8 4 4 1 7 -1 1 28 1 10 10 51 24 118 3 6 Liberty 8 a . do 1st 4 . .. dd 1st 4sl ..i. do 2d 4 hi .... do 2d ii reg. do 8d 4 4s .. . do Sd 44s reg. do 3d 4 Us C i do 4th 4aa..i do 4th 4a teg. , Victory 4s '23. da 4 g reg 2S. da 4ia '22 da 4s reg '22 110014 10042 10020 10020 10014(10012 10042 10002 FOBElffN BONDS Argentine 8s d ,7s Belgium 7 tts . . da 8s ...... i . do 6s ...... . . Chinese Ry 5s Bergen 8s Berne 8s ..... .. Bordeaux 6s . . . . Copenhagen 6 V a Chrlstiania 8s Lyons 6s ....... Ksmeillea Ss ... Monti video 7a Prague 7e i . kioi de Jan ss do 8s certfs SoiaBons 6s . . Sao Paulo 8s Zurich 8s . D a 7s temp ctfs Danish 8a . A. . do 8s-B D of 0 5Hs aotesi do'os '28 ...... do Bs "52 DEI rets 6s '47, French. 8s . . French 7Hs Imp Jap 2d 4ttsj do stl loan 4s. 12 11 11 4 18 29 8, Denmark 8a do ctfs Ss Italy 6Hs Netherlands reU6s Norwaay Ss Sweden 6s Bolivia 8s . 3, Chile 8s'2$. 28 do 8s. '41 4 do 8s ctfs 2 Cuba 4Hs 4iCsecho-Slo '8s ctfs 7 ruguayv 8s 7Uruguay 8s. 11 do 6s etfs 18iRio O de Sul Ssjlftl 4 Sao Paulo aTjl 0' Z8jCKUB15 VS'2. i i ao o 14 Braxa 8s .. 28 do 7Hs rets 56 Mex 5s 22 do large 5s G- do 4s . . MISCELLANEOUS llAIaaka O . M oeb 6s A. . do N B ... Am Ag Cbm 7s Smelt 1st 6s Am SugARef Ss Am TAT cvt 6s do col tr as. . loose 10O08 10024U0OO8 10014 9998 19014 9994 9994 T5UST tooos Tooel 19008 10O24 9990)10010 9994 9994 9984 9994 10036110014 CT9004 "10040 81 102 103 H 105 hi 99 hi 61 lift 118 81H $2 lift 81 81H 92 H saiw-j loe h! 80 79 H 102 114 88 108 H 108 102 99 09 96 ...i 95 ti 100 97 93 61 lift 99 96 95 112 104 H 87 103 H 104 a 104 8H 94 107, 18T 103 ior 108 102 84 StH Gl 39 81 !301 108 108 99 81 lift 118 80 91 114 81 80 92 81 P99 99 79 101 114 87 108 108 101 99 99 95 95 100 86 : 98 80, 100 88 96 95 112 103 97 102 194 104 84 94 107 107 103, 100 101 107 108 102 86 58 51 89 9994 10010 9994 9994 10028 10014 10040 10020 19014 10003 81 102 - 103 104 99 51 lift 118 81 91 lift 81 81 92 81 100. 99 79 102 114 v- 88 108 108 101 99 99 96 93 100 97 98 80 109 99 96 95 112 104 97 102 104 104 84 94 107 107 103 100 H02 107 103 . 102 86 58 61 39 aV INDUSTRIAL BONDS 40 3 8 ' 7 6 5 do 4a . Ml$ 6 88 88 Ant AtT. Pan. A. lAtl Fruit cvt 7s" I llAtl Ref deb 5s. .1 12iBeU Tel of Pa 74108 hi 1 Beth Steel ref 5al 88 do P M 6s. 181 do 6s . . . . lBktnEdl gen 6s sB atxikia kou is u SiBkln Edi 5s . . 8;Bn Cn Gas cvt 7ej lft 8 14 SS 103 117 9 10 9 104 84 102 117 99 1103 86 88 99 4 9 I 94 rioo ido. 104: 109 i 98 116 liBosh Tsa. Bldg 6aT 8 6iOan Gen El 6e..108 lCeat. Leath gen 5s 98 1 Oer Da Psa cvt 8s124 11 Chile Cop cvt Ta.tJlO BCk Cop etri tr Sa.f 98 SiCtB 6 ek B Ssfl0ft 12ICoh Indus 5a f 80 lfComp-Tab Bee st 98 l;Con Coal of Md 5s( 92 2Cub On Bug 8s sta( 69 liDet Edi rfg 5s.. i 97 10'Duq Lt s Pow Ssh.04 4Dnporrt 7g ,,.s"108 51 dd T-Ats 1107 21 EkFcvt7s ctfJ 93 1 Fa Rub Co. 8s. 1106 Frtn -'Sur ?Us. JlM 7 Ooodrieh 1st 6a.l2 8 Gyr T & B 8a '411116 2f do 8a '81. . ... .1 99 .ranoy aim ss . .1 98 H Am Line 6s read 88 nvegODtiii 99 m Steel deb 4 a 93 lad Steel 8a.V . . 101 Int Agr 5s . , . , . 81 1st Paper 5a B. . 89 Int Mcr af SF 6a. 93 Invin OU 8s . ... 14 Kelly. Spg T Sa. . 107 iaca lteen ga . .198 2 37 20 24 8 - S 4 7 26 1 7 1 2. Laclede Gag refasf 98 u(. !va Llaw A Us. . 2Lorilatrd Bs,.,.. Silt Sua db 7s et 8 Mart Oil 8a waw! 10 Mid Steel cvt Be 44 Nat Tube 5a..'., 12N E T TlsUxAi I S Y A Bk cvt S I N T Edi ref d 1ST GELHAPCnL.I 2N Y Tel sen 4sl it ao ret ae ... 1 Niag Falla Sa -'Federal Laad Aaaralsar S"' ?' Washington. Oct. 7. u- ( WASHINGTON BUREAU OF TBE JOURNAL) -Senator Me Nary was advised today in a telegram trrga Portlaed that A. B. Montgomery baa been- ap pointed federal- appraiser for,-tha Pscifie Coast Joint Stock Lano; bans. . . - . - . - Labor Skartaa-e ' geea ... Philadelphia, ejet. ; f The -atate - commls donev of labor today reported that sppiicatioas for help are running ahead iof applications for work grid of theea. who spply for positiem only ibeut 75 per cent are seated for tea job they deatrev' - 16NrAa Edi Sa rexsl Nor Ohio tracTl Lt as ,.i' . SS 1 NorStaPwr 1st est 98 BjJi w Bell Tr-s-. t Otia SU Ts B-tal 2Pae G Eleeasi liPsc TT 5a rew 9 (Phil Co set Sa. it 100 98 98 124. 90 101 99 101 111 99 , 96 106 194 1197 95 84 98 101 Lt lft 9 104 9 103 117 99 1103 86 88 99 104 109 98 116 98 108 98 124 108 96 10O 80 98 91 89 $7 104 108 lft7 84 106 198 102 115 89 98 : 88 99 ?9S 101 84 . 88 98 108 107 98 98 8 98 98 124 9ft lOO 89 101 111 99 96 106 164 95 8 98 107 95 t 83 101 99 51 Pierce Oil Sa la.'RemiBgton s rssej ' ( i 1R Brown Iron 7a 96 A 96 ..2iSaka at a 7s...U02 J103 107 (108 98 94 100 l na u. t - - rm 1109 98x 116nJ 93 103 98 124 109 96 100 80 98 92 89 7 104 108 106 109 102 115 99 98 .88 99 98 101 80 89 93 104 107 9$ 98 99 8 98 124 80 lftl: 99 101 111 98 96 106 104 96 8 98 197 95 94 83 101 99 7 98 102 Be lea gf $1000 SiSia Cde OH 8 si 98 891 da cvt Ts . ,111ft i -9 1 do 7s rets. ....1102 1 S Soa Par Ri Sug7s!161 4 Sea BeU TsVT Sal 37 -SlStaad Gas as EH ev Sa ........1101 lOIStand atUUng St. I 99 - I'SOC deb 7... II 08 : 8 Tide OR a .. 103 6jTob Prod 7s . . . . 106 : 810 B ek P Ss ctfs . lOO g I Ce Tank Car 7a. lOS High, t Low. Close. liCnit Drug B ...nil HD 8 C Ss erxk - 14jTJ SB 6s. ...... -: 4) do etfs 'c a s it u tt. 4iC B B e f 57:... 8 Utah Pow eV.Lt Ss 2 Ta-Caro Chesa as. 121 do 7s seta A.. 81 do 7s lOi doert 7s A W 38'Wamer Sag Sa 7s 1Z.W V 1st . ... . - 2 West'house Eie ' 7 si 4 Win Arms 7 k - 2" M ick Spea St 7g 6 1 Wilson 1st 6a. . 831 do art 6 4 do 7s 94 89 89 103 - 102 92 10 99 105 , 97 103 ; 113 ' 108 ' 1193 99 01 98 107 24 - 5 5 -15 28 " 10 8 S 5 5 -17 ... ft - 8 1 ' RAILROAD BONDS 99 109 101 101 87 101 99 103 103 1M 10ft - 103 -ia 89 89 102 , 103 92 100 9 195 97 102 118 US 108 99 101 98 198 A T 8 F gea 4 si A ' U.t b OS Dl A O L 1st eoa 4sl do UtN sot tr 4s( B at U 6s w . do rex as , m do cvt 4 Ws do 4sP LE4WT Bkbt T 7. i. do, Is t cfr. . do 7s t a cfs stl BBa P cob 4s LBueh Term eoa 6s fC'sn Nor Ts 10 (Can Pae 4a. 18 12 1 12 14 25 1 O Ry of Bsl 7a.. IC i O evt 5s. .. iC B Q sea -4s. rdo ref 5s. ... . C E I 5s... .. Chi Ut West 4s. vm sua ss s.v lsts . : '8C M:sV St P 4t 6iC M es St -P cru I 4s ....... -.1 18KJ M eV St P rfai ,-i 4S A 6 do evt 6s B. . 21 do 4a ... 2C N V gen 8 si i t'M Bys co as. i I C K t Tfg 4S 2 C St L ex N Or 5s v Bt p urn et omi deb 5s ...... as StL 6a A. 8 L 4 a. . 2lfClev raTrra 5s 8 ColoASorfg 4 s 1 Cuban R R.6s.. . 2 Del 4k Had cvts.6s 171 do 8a .. IDA R O imp 5s 871 do ref 5s. if do eon 4s. 51 Erie gea Hen 4s. . 1 do pr la 4s. . . 8 do cvt 4s A. . . 1 do cvt -4a B. . . .9 do evt 4a D . . . ft Erie A Jersey 6s 6 Gr Trunk Gaa 7s S Ot Nor 5s. .. . 1 B as WdbB aer 2 Hs El By LtaVPSs 91 10 00 83 103 - 9ft 85 83 93 : 94! 90 93 9-1 113 82 Oft i 97 90 101 , 84 63 . 85 . 88 T2 68 77 84 78 82 85 -104 ;.92 102 98 105 00 87 100 . -v- 101 .1v82 6(U A M ref 5s A . . 3 do adj ine 6s.. 10Ili Cent 5s.. 16 (Inter " Uet etfs 4s sta lOjlnter Met 4s trj I co etfs TSIIntor R Tr evt 7s) wi 92 (Inter R Tr ref Bal tlj Inter R Tr ref Sal bankers ctfs 4 , Inter R Tr 6a 4, later Nor 6s I nates etfs . . . . ,83 lister O Nor adj 1 os wl ' 2 j Iowa Cent 1st 5a UKana O Sou 5s. Haas O Term lstl 4s 2!L S at M S 8 81 do deb 4s 21 1 2 11 2 4 4 2 1 1 1; 1 6 2 8! 41 66 34 6 - 4 IXh -V Pa con4s do gen 4a do 6s ..... Lax A East 5s LAN 7s ... do 4s A K aV 0 Louis at N W Bs Msrk St By eon5s do Ss Mi Spt ANY 4s M S L 1st rfg 4 do rfg 5s. MSPaVSSH 4 si M K ds T 1st 4s do 4s B w 1 da 5s A W i. do os notes . do adi 6a Aw i do 6s C w i. . . Mo .Pae Ss. do gen 4s 1IN O ak Jt E 4s 2 30 . 1 o 82 14 2 8 2 1 10 10 22 11 2 0 241 12 4 8: 6 2 6 26 2 8 65 1 1 4 18 "9 i 1 8 18 32 10j 2 ' . 10 5 101 26 H 21 t- ri .r o z 3 5' 48 r- : 2 8 . 10 - A l ; s 1 ' 2 8087 1200 N O T It M ine 6s N Y e -coa 4s. NYSHRr It 14 si N L C AH K 4 s.. do Bs ........ NYCLS eoi t 8s) NYCA8L 1st 8 si piXNHetH deb 6s N Y Bys sdi 5s. N Y W ABos4sl N et W BH eon 4si do dlv 4s. N P 6s B . do pr In 4s' do gen Ss . do ref et imp 6s. lOrgLlit eoa 5sl lo ng es .... lO-W R R N 4s 'LIRA Sa etfs a R -Ra -v . uVgoldxS.. do gNm 4s. . do a-oki 4a '06 do cons 4a tr ctf do 4s sta P at E 1st 4a. .. Pare Afaroi rfg 5s Philippine By 4s P B L ss P 6s '42 Beading gea 4-6s R GatW col tr 4sj 80 nils L 4s. StL I alatSo ref 4sl St L Iron Mt A Ga. div 4s. . StLASFpr ln4s A do 5s sB. . .-, do gen Ss sC. do sdi 6s. . . . . do lnc 8s .... do tea 6 ap St LW 1st 4s ltStPilintiAM 4.sj SanAntAAPlst 4 si S A L rfg 4s. do sdj as. . . do con 6e . . Son Pae rfg 4s. . Soa Ry gea 4s.. do con 6s. do Ss . Tex eV Psa 1st 5. Third Ave 1st Ss) do rfg 4s . . . . da rfg 5s Ta Ami of S L 6sl U P 1st 4s.,.,t do ref 4s . . . i . Wsbsah 1st 6s. .. West Md 4s.... West Pae 6. . . . do - Aa 1 i- STANDARD OIL ISSUES T8 54 65 61 51 64 96 113 103 12 85 89 62 102 18 92 102 i 98 104 89 87 100 101 82 61 TBWU rtt 614 51 54 96 113 108 12 85 80 62 102 - IS 1 98 7a 72 78 8 58 81 98 84 80 95 92 84 108 99 110 88 76 80 94 91 r 44 46 90 83 , 72 88 68 63" 974 101 67 81 77 84 60 91 -99 76 78 83 ' 0 53 109 90 109 89 64 99 104 92 88 75 lift 111 93 93 84 VI 8ft 99 60 t5 88 90 100 90 83 191 S3 83 95 ,i 94 j 90 98 91 113: 82 90 ! 97 90 101 84 61 63 88 72 t' 77 .84i , 78 82 85r 104-1 99 lift f 101 11 7 101 99- 10$ -103 106 i-r-10 103 111 94 89 89 103 o 102 92 100 98 10$ 97 1102 113 108 .-: 108 99 101 98 197 91 100 90 83 102 ; 90 83 83 95 94 90 3 91 118 82 90 97 90 101 84 61 85 88 73 68 ' i77 84 i78 82 83 104 92 102 - 98 105 90 87 100 101 82 61 78 54 65 51 1 (TRADE FORCES A LOSS Hogs, Cattle and Sheep Lowci ; at North Portland for Week; Record Run in Alleys. . 16 ; 98, 72 72 73 88 68 81 88 88 80 95 ' 92 84; 103 89 109 '87 78 90 944 45 90 83 .72 86 88 . 68 97 101 66 01 77 84 69 91 98 76 78 82 9 85 109 90 109 89 63 99 104 92 .88 -15 r IIS ' 111-' 98 ' 93 84 at 80 88 60 87 85 80 88 Angle Am Oil . . . Atlantic Loboa .. , 4 95 K bio Oil ....... 470 Imn OU of Can. . . 12373iInU'Pet Co Ltd.! 22 .865 Magnolia Pet ;. . . za : - 80 Nerthera P L .. . 114 1 5ft Prairie Oil at Gas;90 40 Prairie P L ..... 277 36300:8 O lad ..... 1830i8 O NT..... I315jysewnm Oil 35S O Kan ......(624: 620 lx0 83 83 : a 88 87 86 74 .74 89 89 103 102 . 82 81 89 89 96 98 78 78 8 99 , 78 78 4i 4S. 26 26 66 68 99 89 71 70 98 08 103 108 91 97 98 I 98 I 6T1 67 1 62 S2-i 1 2 99 99 - Mi" 93, 98 93 88-7 88 , t 88 10ft ' 100 100 86 6 6ft 85 85 85 97 I 97 t 97 zza wi at 8 j 7l 8 843 . 1830 1336 128 1121 1124 22 22 23 242 -113 114 7 890 -5 278 277 fi 13 131 636 - 636, rVOO 615 .i IS20 arsa 96. na 18 18 98 78 72 73 58 81 98 83 80 95 92 84 108 99 110 87 78 90 94 f 1 44 46 90 88 72, 86 88 63 97 101 66 1 77 84 60 91 99 76 73 ; 82 9 56 109 90 109 89 64 99 104 2 83 74 110 111 93 9S 84 91 60 98 60 88 85 a a fN83 ft h1 102 81 69 96 78 99 78 48 26 ' 68 89 71 98 108 T 8 7 18S 649 2t . lasUrtgTsMkhwkeatiS ?;' Mlravaupolnv Oct.' f. Csao wbeatNa, 1 dark northern, $1.1 9 1.17 ; Ne. 2. $1.08 91-14; Nas. 3, 98 e9 $l.ft ! No. I northern. $1JM891.162 No. 2, 81.94 91.12 1 Ne. 1 dark hard Moataaa. S1.0 91.14 ; te. 1 hard, $1.V59 1.10; No. 1 durum. 88 99e; No. X, 81 9 8e; No, a. 78 9ac ! - Winnipeg. Oct. 7.-4'ah wheat No. 1 aorthera. 98e; Nw. 2. 97 e; No. -8, 92c: No. 4, 9ftq;No. , 83e; No. ft. 78e; feed. 64 c; track. 98 e, Chicago. Oct. 7 SSaaJl wheat o. 1 hard, $1.99 : Not 2.V 3I.lwl.lW; ' corn. No. X mixed. 67 9 67 e; No. I yellow, 87c; No. 2. 67 96e: No. S. S6 9 87 e: Ne. 1 vlate, 7 er Ba X. 7c; oats. No. 2 white. 49 942 ej Ka. 8. 38 940C Py-aaa Gruweara Get tSS Tea - Tinalai -t- T. K. W dent of the Wella WaBa T alley Prune Grow ers -Cooperative association, states" that the association Pl far clewed for the season, the growers receiving the wet suss of $35 a ton for - their - prunes. At meeting srOl be held October 13 when the directors nd the sales managers will save detailed reports. . v: JHe4 Frmlt aad Beaas New Tork.7 Oct. tt (t . K.) Beans aarket tair oemana. i arrow, encaee. a l.uo; pea. chovce, $60 96.75: red kidney, choice, Dried Fruits Market steady. Anrients choice to extra fatncyr 23 9 8 8c s appiea, evap orated, prime to. fancy. 1 7 1 9e ; pranae, 80s to 60s, 12 9 17 r ; do 60s to 100s, 8 lle: peaches, ehoioe to extra faacr. 18 aa 18c: seeded raisins, ehotce ta fancy, seedless rastias, ziwzsc - Baker Sflae "Property Bpraed - Baker. Oct, 7. L. P Kins; af the Rainbow mine of Mormon basin baa. been ia the city purchasing supplies for the burned out - por tion at the mine. -.' Last Tuesday evening the timber shed, blacksmith, shop, machine shop snd sawmill were destroyed by fire, the sosa at $10,000 sad pot covered ay f- - TTew Tortt 8arar and Coffee v New Tork. -Oct, 1. (O. P. Sugar steady; raw, $5.23; refined steady: grandulated, $8.25 0 8.75. . -. , - -- Coffee Na 7 Rio spot, lft lft a; Va, 4 Santos. 15 9 15 e. ... - - PORTLAND UTBST0CK BUM : Hogs Cattle Calves Sheep Ce" This week,. ....6824 8769 587 5995 227 Week ago ..,.. 3803 3192 820 6781 177 Z weeks sgO.,.. 2790 2881' 233 T79 1T4 4 weeks aer. .. .1943 2856 8SS 4024 147 Tear ago . ....2837 2286 213 7169 134 3 years ago-.. .2878 1944 193 3657 I.'O 8 years ago., ..4440 8092 317 60SO 202 4 years ago. .,.6128 2038 86 898 162 With a run of 337 loads in the allers ior-'Uis weeg. total arrivals at ,-onn -foreland were set st a record mark for the per iod. There waa a weaker tone generally in the livestock trade aad lower pricea resulted ia local transactions. t In the hog alleys with -a run of 5824 heed compared with 3802 head a week sgo and 2837 , bead a year ago. tha market was" under -prrewire roost of the ' week. Monoaya traoe openea witn a toes or 25a and with a too of 311.25. which waa out to. $10.75 about midweek. -.- . . Genera! hog market range: - r" ' Prime hght . ... .... ..$10.25 910.66 Smooth heavy. 230-300 lbs. . . 9 60X10 00 Smooth heavy. 3 Oft lbs, up. Kouga Heavy . !.,... Fat pigs r eeaer pigs stags With 9.00 9 9' T.009 860 .. lO.fHvr lo 25 .. 10.00910.60 r.i 6.00 9 7.0ft ;- Osttbj Traad Is Wsak j -J- the cxoerri on of heifer, which i were ia demand, the market for cattle continued generally wreak at .North Portland i for tiie six days.- There ' was - another increase ia the supply reported in the alleya This, to gether with the libers! holdings of killer, tended to create further weakness In the trade end forced tone flat at $7.75, grid ex ceptional quality only at nidi a priea. While hesfera. were in best - demand, the general etnr trade waa about . steady. Steers took the brunt of the weak tone. - j - General cattle market ranee: ' - f-.' t. Choice steers ............$7,569 7.75- Mcdlum to good steers ....... Fair to common steers...... Common to fair steers Choice heifers ............ Choice eows snd heifers ..... i Medina to good eows-hetfers. , Fair to msdiua cows-heifers.. Common, to fair cows-heifars. . Csnnerg . -.. .4 Bulls . .............. Choice feeders . . . , . . Fair ta good feeders ........ Cbelce dairy calves. ......... Prane light calves. ........ . Medium light calves........ Heavy calves .,...,... .4 i SMieas) IUaUlon Quiet f While 'some alight improvement ia demand waa noted - for' sheep and lamba toward the weekend, . the Nonh Portland market in general was weak and slow during the six daik period. -- Willamette valley lambs . fell fronrvthe extreme price with the , increasing supplyNn sight , , V i '--, '( J,-;, .-' ' ' GenereKsheep sad Iamb raags: r'- Psime east of-mountain lamb $10,009 11.00 Choice vaDeyNlambe ...... 9.80 9 10.80 Medium- vsUey hwnbs ...... 8.60 9 9.5'i Common -1 valley IsanM T.&09 8.50 .... 60 9 i.a ....4 - l.oow . . . "S. s.60 9 7.:n 8 509 8.50 8.78 9 6.60 5.25 ( 5.78 6.00 9 5. SO S50 9 4. SO 3.00 9- 3.60 2.00 9 8.00 1.56 9 2.00 8.009 5.00 9 4.00(4 9 00 910.00 9.00 910 00 8.00 9 8-00 6.00 9 7.00 4.00 5.50 5 00 Cull lambs Heavy yearlings . . . Ught yearllDgs Heavy wethers Ught wethers r 1 - -N. s-Sheeo 8.00 9 8.50- 6.50 9 6.30 m. an A v an a.oo w a.su vestock 85 ' lift! 1 64 t" 7 04 f.LJ 64 . ,i 6!t . .: 10 55 99 100 75 140 369 2788 2f1ft 7 17ft 61 .. 401 . . . 818 .. $67 752 88O ,K22l . :'.. rr DlapoaitJon of , thri ; FoDowinr" was ; the di'position al at Nnrta PnMland foe the week: " Dehrered to - Cattle Calves Bog Bennett-Meat Co . . . 54 Barton .at. Co -', . . . .-. 197 Cantons, Pkg. Co, ...468 Frya de Oa. . .....178 M. J. Gill .........148 Heary- Pkg. Co. . .... . . . I Otto. 1. ... i ... - 24 Schbneer Broa . .... 64 Sterrett Pkg.. Co.... 5 Swift dt Co. ...... .755 United, Meat Co. ... .lift Portland Pyovfcdou - , ; 24 North j.t.ff-.ftt, 64 liical',aneous ......651' Through stock. .. . . .255 Oregon - FeedeTS. . 4 ..281 : Oalifomia 1 Feeders. . . . 223 ACUTE CAB: flLHOSTAOE FACHTO VTA8HX3rOT03f FBTJIT SHIFPEBS Wenatehee, Wash.. Oct T. A ear shortage winch almost amount to a practical cessation of ship men ta for tho coming month is what vacea inv nupimv vs nen. i , iu n ton - at . the present time, according to tne opinion of those who have investigated the situation. There are said to be available for shipment about 1000 refrigerator cars oa the line of the Ureat Northern and no new can are being received. All of these 'ears could be' leaded and sent out-in -five days If they ware here at the present t!m and avallabla for this purpose. After they are gona local shippers fear t that it wilt be 8ft days before any more era received. .: - - i ; Instead of moving out' 7000 ears during the month of October, total shipments will- not exceed 10OO ts the opinion of local shippers. This will leave tbe great bulk of the crop to be moved daring November and December and tbe only hope of saying K from loss ss that . L. . k. . will K, . - tn ,M IV. Ul . vesuin wu. m..v.m .v. pwv,M - : 'i BOSTON "WOOL J1ARKET ' ACTITx! " AT WEEK-EITDl PRICES HIGHER Boaton. Oct T. The wool market wound op aa active week today with a good volume of business la practically all grades with prices et i the top, up several cents in some instances from the level of last aaAarday. The meet activity as usual was in the medium grades. ..The tone of the foreign market was strong. 1- Baeaos Aires- Waeat -Buenos Aires. Oct 7. Close Wheat Oe tober 81.15. 1 higher: February 81.21. le higher; corn lo lower, flax le higher, oats e higher. ;'. i v !-,-.. i . . : Kew Tork Cattoateed Oil I XNew York, Oct, 7.- Cottonseed oil lift.. B lft-AT 10: fcbv 84H949: Dec.. 860 91; I l.n X K&lisesi. Slarcn- - HTials-, aiav. 893 9 94. " '-!- -. V- - " ,1 iTerpoftl Wheat . Market Uveivdei. Oct 7. Wheat: upea. Dee. .... Men. .... May--. ... Rail Washington, later-atat commerce the Chicago. Hock to' Issue $5 Close. ;i Gala. , it ' . X : . ,....X7 s8d I fed ..X... v....-' V6d d .....v. -X.. (s8d ' d Boad IiVae AatkorUed Oct- 7.Va. N. H The commission has authorised tsUad AXfaclfle railroad n aiikn wmea - eanf gWAaawei wvvwv w m -awwsei vhw r(Mei SAX FOBEIGX EXCHA3TOE Corrected daily by the foreign exchani partmeat of he United States national lun. tlrOT. h.lnV (mmK - tlu tMilM atort in) are quoted on the baais of .100 units foreign .currency. . . - y Opening n omnia rates oa bank transactions: " , . Draft ' Cable ; Par Checks Transfers ' Tshie sterlina.8 4.41 $ 4.42 i 3 4.86ft s. . 7.09 Belgium .Franca 7-11 Berlins-Marks. Genoa Lire.., , LAtbcns - IS 1W..V... - ' .04 '4.28 185"; 20.85'' 1 aa I 7.12 f .04 Cepeahsgei Kroner Chrrstianis - . . Kroner... , .... .17-81 Stockholm Kroner .... Hongkong - . Currency, . . Japan Yea . . Shanghai - Tacla ...... 7S. Canadian dollsr discount. 4.80 2,87, 20.40 17.96 19.30 19.30 23.81 18.30 18.80 28.70 j 20.70 26.68 26.88 1 28,70 87.18 , 48.03 - 57.40 48.1ft 7S.OO ' sad 1 . 4V . B0ST03T . COFPEB Reported by Overbeck. Bio. aaaea. 60 10ft Sl 62 . S , lft 24 23- 3 18 60 Adventuri Abmeek.l Algomaa Alkwa. a 1 taiiian Birg-ra it 17 CalAArix 58 CaluAH 285 -,-280 CeateniaU 10 :; Cop Bge 89 v4m Davie Dly 4 4 Ea Butts. 9 -s 10 Mohawk. i 89 61 r No Butt 10 11 Nlpiasing. 6 No Ik. 30 83 Old Do C 28 24 . . OeeoU M 82 84 . Ooinay M 89 .-: . 4ft STOCKS Cooke SCai , Bid. A.ksd ISO Lake. 44 Sup Bostoa 8 U Shoe U 48 da pfd. . 26 . So Utah. 8 Sop Cop.. 4 Triaty Cop 1 Tuolumne 52 Utah Metals 1 Utah Cea, 2- IT S Mag 42 do pfd.. 47 Utah Apex 2 Yeotara. 28 Ylcterla,. 1 Wineaa.. 1 Wolverine 16 -Wyandott 50 45 :!'" 4 i;44 ' 26 ;10 4 - 1 6ft - 1 2, 48 48 3- ,29 '11 1 11 69 t 6