The Oregon daily journal. (Portland, Or.) 1902-1972, December 13, 1922, Image 18

The Oregon daily journal., December 13, 1922, Page 18, Image 18

Image provided by: University of Oregon Libraries; Eugene, OR

About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Dec. 13, 1922)

Prev Page of 24 Next Prev Issue Next Text PDF JP2 (5.5 MB) Clip/Print Image

Return to Top

Prev Page of 24 Next Prev Issue Next

Newspaper Page TextWEDNESDAY, DECEMBER 13, 1922. 18 THE OREGON DAILY JOURNAL, PORTLAND, OREGON. RESALE OF WEATHER EFFECT IN DAIRY TRADE D AIRT TRADE Batter, Egg, fare, esbeex, eleetv flats. T'ortlaod ......4Ie .'-:- e Sa i Fraaelseo. .SSe 67e- 82c f Meage i ..4$e Me S7V New - York 7e 28 : f (O Aperies ...See ie N utile . . . -47c Oe 33e ' " Market ifogr butter snd buiterfat continue of 4ch character that weather condition hare tiu bieg:.-t effect upon demand and vaiuee. Poth butter and butterfat are very firm at 'visa latest advance scored Tuesday in th ' 1 ,rtland trade. , Butterfat value continue at a premium tn Mime sections where competition - is keenest, b-rt; generally speaking, no farther change to . n in the market. A mi take in the local 1 itterfet price ws shown srslerdsj. The cor-i-cted lfiee 1 now shown. -. Ix-mand for both print and cube butter i -rf firm, with tlie shortage m lie North ere-s-frd by the liberal Eastern shipment still geo v jlly unrelieved. -' Local trade is quiet but firm, weather con-d-rions causing the strength in the price as v ... a the limited demand from consumers. i Cold storage holdings December : This Year. Last Tear. Portland . H itter. lbs. lSd.495 28.TR2 heees. lbs, 44,92 95.382 Ilggs. cases : . . 3.887 2.544 t'oultry, lb. 201.174 125.843 Baattla , This Tear. , Lest Tear. B itter.. Iba. 232.111 37.252 E;s. cases 2.584 1 l!iltry. lbs. 721.987 337.137 Those desiring special information regarding in market should write the Commercial Ed ir, Oregon journal, inclosing stamp for reply : CHICKES 8ITUATIOX IS FIRMER rimer trend is generally mown for chickens wit is do general change in the price list for te day. Some of the f. o. b. buyers advanced ittcir bids at country points, but that was the extant of the change. All classes are wanted. TEMPORARY SHORTAGE TURKS ' Temporary shortage of fresh turkeys 1 (hewn in the trade here. Some Alaska business x ottering for immediate delivery, but Front "tv.et arrivals are scant. Prices remain prac tically unchanged generally. CHEAPER OKA5GES ARE COMI5G ". heaner priced navel oranges are arnring w.'ttf-with the range from, $4.75 to (5. 8H per he w s rlecause of the extreme prices and the t jUI weather. there baa been? but little demand lor oranges here. SHIPPERS' WEATHER NOTICE Weather bureau' advned Wednesday: IKo c: -t shipments during the next 36 hour against t't? following minimum temperatures icing lord to M settle. K4 degrees: northeast to ipc-W- ie. sere; east to Maker, aero, and south to A niand, 29 degrees. Hinlmnm temperature .at Portland tomorrow, about 24 degrees. DRESSED HOGS IN ACTIVE CALL . With a temporary shortage of Quality offer - lugs, eountry killed block bogs are rather firm a) iig the wholesale way with sales of best tiulity at 1 la 'Ac pound. Veala are just i about holding at former prices. MUIF.F NOTES CRODTJCE TRADE . Apple moving only tair because of the wither. :: All vegetables are firmer; some higher. ' i'racticeliy no fresh .halibut now ottering in wholesale trade. Itanana market nominal because of the cold Heather.- Potatoes very sluggish; onions moving well at price. EGG TRADE SHOWING STRENGTH Because of excellent outside conditiona there k a firm tone in the egg market situation : here for fresh supplies. Keports of an acute s;rtiu of fresh stock here are untrue, al iuoogh Supplies are unevenly divided. IMlRIXAJtl WHOLESALE PRICES ' These ire the prices, retailers pay whoie - salars. ' except as otherwise noted: , BL'TTKIt Selling prices, box lots: Cream- , ry prices Prlmar extras, 51c lb for plain 'wrapper;' fntws, 44 a -47c per lb.; dairy, buying price, 80c per lb. BUTTERFAT Portland deUvery basis: Jio. t grade, 53c; No. 2. 60c; No. 1 zone. 51e ; tor "A" grade. f HEESK Selling: Tillamook, triplets. 32 '33e lb.; Tnng America. 33e per lb.; -' 'Jirgon triplets, 21 27c. Buying price, f. o. 1. Tillamook: ' Triplets, 80c: Tonne America V and Longhnrns, 31c. Selling price: Block l Swiss. Wisconsin. 30 32c; imimrted. 50c lb.; i.mburger, 2 5e2ttc; cream prick, Oregon, 23 . e? 2 Rr ; Eastern. 2 8 30c. BUI'S Buying price. Front atreet: Gur .4vt receipts. Western ' Oregon, 43c dozen; Kantein Oregon, 40c per dox. ; henneriea, 44 . 4Uc tr doa.-; seittng price select. 65c per lii.; candled, 32c per doa.; pullets. 4c per doa.; storage, 82 9? 83c per doa. EGUS Association selling price: flsfcot. 'iie; brown, 55c; lusts, 5c; pullets, 45c. LIVE POULT KV Selling price: Heavy ' hens, 2022e lb.; light hens. 14c per lb.; broilers, 20c per lb.; spring. 1718c per lb.; dHi'ka. I318c per lb.: geese. 1718c per - 'b. ; turkeys, live. 25c per lb.; fancy dreased, 33 35c per lb. :., ; Fresh PrulU and Vegetables ' -: TRBSH FRUITS Oranges, new navela, St.7St 5.M per box ! lemoiw, I li.oo (S 1 ft , ease; fripefruit, Florida. $0.00 7.50; rubu. lite lb.; pears, 32-00 $230 per : t x: grapes. r Hc per lb. tiKKUlKt! ranberrvea. Northweot. .7 1 T OO rr hm : Kastern. 322.50 per bbl. . 1HUED FRUITS Dates, 37.00; flga. . , biark, 17 19c per lb.; prunes, 40s and 60a, 25-Ib. bog. 112 He; 60e and 80s, 10o lb. ONIONS Selling price to - retailers : Ore : gn, 32.OOss2.2S per cental; garlic, 1620e ' : lb. green onions 25A80c per doa. bunches. POTATOES' Helling price to retailers: Ore gua potatoes. 7 5c t 1.00 per cental; sweet, putatore, 4c per lb. " VEGETABLES Beets, $1 25 sack; cmb-b-fe. 23He per pound: lettuce. (S.eOae , ? i 5 per crate; carrots, 1.2 sack; tomatoea, allfornia. 33.30 per hig: horseradish, 15 'v JHe per lb.i artiehoam, 3I.75 1.S5 per doa.: 1 cauliflower, 2 00 2.50 per doa.; celery, B5c ' vl.l per doaen; t-KZ punt. 18c lb. - APPIJiS Cookers. 70 85c: face and fill, l.00(? l.L'S; fancy and extra fancy packs, 31.30 p 2.2ft box. - ' Meat ' C0CNTRT MEATS Selling price: Cotw ' try bogs. 13 e 13 c per lb. ; heavy stuff leas; " veai. tone (about 80 to 10Aha.. 12 Ja 13o s !b-; beevr staff leas: lambs, 1 Se Ik. 'WOMill MKA TS -Mama, 5a27C lb.; , - bnwkfast nason. 2742o lb. I i PACKING HOrSF. af K.ATS Steer beef. j3Wela lb.; bevfers. liallic lb.: eows, -91 Oct lambs. 180c lb.; ewes, 1014o rmts, J a 18 lb. J1 W KrtUe rendered. 13 He lb.; tierce basts, compowud. 14 c. Qstketlee '' BFajSmanerhite.T37.Rn; large white, J. -pink, $7.50; Huas, $10.50; bayou. 8.ft0: red 37.50. - - - HONET New. $4.25 4 50 per case. KICK Japan. .No. 1, oc; Blue Hose, 0 Jb.: New Oriemna bead. Ht "-' CXJTFEE Boasted. 24 034 He IK ia . tacks or drams. . SALT --oen. half ground. lOOs. $13.09 toss; 30s. 31T 8B: table dairy. 50s. $27 60; batea, $8.50 9 4.00; fancy table and dairy. $34.80; lump, $2 BO. Kt'UAK Cube, 3.9S; fruit and berry. ' C7. 113; yellow C. '37.40: beet' anmaulated. $7.89 r .extra C. $.: golden 4J. $7.49. : CANNED MTIA Tails. $5.00 ; baby sise. t. 9ft case; Eagle. $9.33 case. -, HOD A CRACKERS In bulk. IRo IK : 1jX- wainuu. , ii sy sec jo.: .inswj 233 38e IK: filberts. 7c IK: peanuts. c lb.; pecaxta, 25c lb i Brssils. 13 Ho IK; cjheatnota. Japanese, iiwzto in. , . risa and aheltflaw . FRESH FISH saverslde salmoB. 15c per IK; steeiheeoV 1318c per IK: halibut, 25c per IK; black cod. 8 A 10c IK; etorgeon, 20c pe IK: basket kippered cod, $2.00; basket kippered salmon. $2.00; Hag ood, 7 9 8c pet i MEATS WANTED tjood firm market on Hogs, Veal, Mut tonany weight, -any quality. Ship immediately. - ; CHECKS BY ' RETURN JI AIL The Savinar CoV Inc. 1H JSOHT8T FORTIJLND. OB. . Frefh Eggs Wanted ' We have a dependable market for Fresh' Hennery Kegs.- We : . pay highest market price i . quick returns. . -a ' s:::unF?.Tiis::n cd. WOOt BY : LOCAL. MILL CREATES: MUCH INTEREST QAStiET ecrH. owcxa. x By H jaaas H. Cobea Reports lndica.te that, the law re garding? . the labeling of atorasre ' eajgs is still being violated in ome. of the retail shops. The law demands that packages , from which cold storage eggs are wold must be labeled to that effect mo that the consumer will know. Some atoree label their stock just aa eggs, which la contrary: to. law, Con- turners should be careful about njak tag pure hastes in such place for if the1 stock is fresh the retailer la more than likely to so state on the label. Other wiao the chances are that ihe stock is from storage. If having the egga charged on the monthly ' bill see that the' word "fresh" is placed on the bill when purchasing. There is no shortage of fresh eggs here despite all the advances that are being made in the local price. Con sumers' here are paying for Inferior eggs on the basis of what New York is giving for its best supplies. ' Fresh salmon is very scarce, with the lowest priced fish now at 25c a pound, while halibut is so scarce that few retailers have any fresh stock to offer. Cold storage halibut is avail able. It is of good quality and costs less than the fresh stock. Soles are in small supply. Vegetables are rather scarce. Much damage was done to the root stock by the cold weather. Be careful in mak ing purchases that the stock has not been frozen. Ketair prices generally show : Butter Fresh creamery, 58 67c. Fish Salmon, 23 & 35c; black cod, 18c; halibut. 30c IK Flour Beit local patent, $2.0002.23 per 49-lb. sack. . - Potatoes New, llHc per lb. . Onions 3c per lb. Yamhill street prices : Carrots. lH2e lb cabbages. 1 V. 5c IK; cauliflower, 10 25c per head;, lettuce, 10 15c head; potatoes, le IK; celery, 6 10c bunch; tomatoes. 12 H 15c per lb. Honey -Comb, private stores, 20c; public market, 20e: quart. 60e; pint, 8 5c. Eggs Public market, 66c; private stores, 60&55e per dozen. Poultry Light hens, 22c lb.; heavy bens, over 4 lbs., 28c IK; fryers, 30c IK; broilers, 82e IK; trukeys, fancy, pubhe market, 88c; private stores, 40c IK; dressed ducks. 30c lb.; dressed geeje. 26c lb. COTTON CLOTHS. TRADE IS BETTER; PRICES ARE HIGHER New york. Iec. 13. The msrket for cotton cloths manifested a better tendency both in the prices which . prevailed and m volume of business. Advances were not of great ex tant, but there waa a lack of inclination even at second hands to make concessions. Orders were placed in excellent volume for standard print doth constructions, some of them for delivery well Into the coming year. Mheetings were more active and firmer and the move ment vu felt throughout the sateens, twills, drills and combed goods. .Maw silk markets both here and Yokohama were quiet. Prices here were unchanged or. many grades, but weakness was manifested in XXA 20-2 denier, which was quoted at $8.25 8.80 and in Kansai No. 1 at $8.10 (S S.1,2 Vi. Best No. 1 X was up 2 He. TONE OF BOSTON WOOL HART STRONG; TRADE IS QUIET Boston, Dec. 13. Tho wool msrket was quiet today and little added activity is ex tscted until the turn of the year, but prices were extremely firm and the whole tone of the market was strong. t Dealer feel that demand from the mills for the next heavyweight season will be heavy and added strength predicted for the finer grades wools as well aa the medium qualities. DAIRY PRODUCE OF THE, COAST Can Francisco INarkat Ban Francir-e. Dec. 18. (U. P.) But ter Extras 33c, firsts 49 He. Keg Extras 57c. extra pullets 52 tic. un dersized pullets 4ttc. Cheese California flats fancy 24c. firsts 22c. Seattle Market SoattJ. D-c. 13 F.f: ftelett ranch, -19 50c; pullet. 40i-4tc. Bnfcrer: City frrcaniery. olc: bricks. 52c. Cheese: Oveunn triplets. 30c: Tillamook triplet. 31 S 88c; Youiic America. 33c. Loa Angeles Market Los Anseles, Dec. 13. tl. N. 8.) But ter. 54-. . KiUi: Extras, 55; case count, 50c; pul let. 49c. , - Pc-uitry: Iletw, 10c; broilers, 30c: fryers, -ttc. POTATOES ALONG THE COAST Sen Francisco Market flan Francisco, Dec. 13. I V. P.) Onions, globe. 81.50s1.75; Stockton red. $1.25 1.75; yellow, per cwt. $1.23 p 1 .75. Pctatoes River fancy. 70 90c;' Idaho, Washington Netted lieu, $t.29&1.35; Salinas, $1.851.85. Seattle Market Seattle, Dec. 13. 1 1. N. S. ) Onions: California. 2Hct Walla Walla. 2c. Potatoes: Yakima liems. $22 26; local, $1520f California sweet. 3c. Los Artfetee Market Los Angeles. Iec 13. Potatoes: Northern rivers. 1.30si1.75: poorer low as $1.40; Idaho Russets, $1.60 T.T5. Minneapolis Wheat Options Minneapolis, Dw. 18.-Whes.t.: l)wn. High. Low. Close. 122H 122 ' 119 H December.. 1 20 14 122H 1 20 H Msy 120 'i 123U 120'i July .. 117 H 1 19 ? 117 H . Naval Store Market Now Tork. Dec. 1 3 Turpentine: Se- varmah, $1.82: New Tork, $1.41. Rosin Savannah, $S.156.20; New Tort. $8.30 8.35. IK; sole. lOo IK; torn cod, 10c lb.; silver smelt. 12 Ho per IK OTSTERS Eastern, $4.50 gal: Olympla, $5 00 gal., $1.50 qt; crab. Urge. $3.30 doc; smaU,. $2.50 do. Mops, Wool and Hides HOFS 1922 crop, nominal, 8 0 10c IK HIDES Calfskin. 14c IK: kips, llo IK; green hides, 8c IK; salted, 10c lb. MOHAIK Nominal, 45c lb. SHEEP PELT? Lo4 dry prtta, 23c IK; abort pelt, 11 He lb. ; kmg hair grstt pelts, :c lb.: short hair (oat pelts. 255(c eaeb, W.OOL, Willamette ; vaEey coarse. 2S 27c; medium, 81 1 85c IK : -fine. 40946c IK; Eastern Orecon-Idaho, 4O0 45e IK TALLOW AND GREASE No. 1 tallow. fine; No. 2, 4 H 5c; grease. 3 H 9 Mascara rark i22 peci.; c; usi peel, be IK; grape root, 7c lb. -Paints, Oil..Cte. RAW TJN8EK! Olli . Jvartvhv Per gat, $1.10; 5 sal. cans, pee gal. $1.23. BOILED LINSEED OIL Barrels, per gal, $1.12; 5 gal can, per gaL. 31.2T. TURPENTINE Drums, per gal.. L82; S gal cans, per gal, $1.97. WHITE LEAD 100 IK kegs, per lb.. 13 He. . . . Lesnbew and hlnalee Latest carload lumber sales by manufae txtrers, quntattoaa repreeenting f. a. K miH est. oes in direct salea to retajera sad including selling expenses: FLOORING; HigK Low. Avl 1x4 No. 2 v. g, . . . .$31.00 ; 1x4 No. 2 and bet. s. g. 41.00 3S.00 38.00 FINISH: , , . . 1x8 10 69.00 58.09 ..... CEO-INO: 4 No. 2 and be.. S8.O0 . .... ..... DROP 8TDINO: 1x9 No. 2 and bet . .- 41.99 . - w - BOARDS AND SRIFLAP: , 1x8 10-.la 1.5 " DIKENSIONS: , , i 2x4 12-14 ........ 18. M- 1T.30 18.39 .' SMALL TIMBER: ' :.. : ' . : 3X4 lStxlt 18.69 ' 18.69 LATH: . .-;-,-? 4 ft. ,N. 1 r..,.. il.X-4Ul 4.23 SHINGLES: - - - - --. . A ahingles . . ; . . S.93 S.9S f S.9S Total sales. 14 mills. 1.484,400 feet, Prompt Returns-No-Commission for , top quality, immediate ' delivery, sag Will pay t LIVI CttC 49 to Sfie, a.l TVHKIT3 e VKAL fSvse. - " 1M.OCK HOM 19ew J " LIVC DUCKS COe. : ; , , LlVf Him HIRI IB. ' LIVE IWHT HIN9 144W . DRESCr tcr , MIDCs) AND PELTS at market prlcee, FRANK tf-) SITI. I.!EAT CD, - -FtahUns) the eeef Truet, HEW LOOSTION 19T PIvOaiT STREET PORTLAND, OREGON PROFIT TAKING : IN WOOL MARKET By . Hymaa ' M.; Coivaa , Approximately 6ll,(M)0 -pounds of wool U1 be offered foe sale in Portland ' Thursday wsoTning; this being the biggest individual tot of fleece ever offered here, although govern ment auctions contained many lots owned by various interests. . -'' W bat create considerable teterest ta the Thumday sale here ia not only the half mil lion pounds of wool to be offered. -but the offering ia by ax of the- big enilla of the Pacific slope, the Uregoar City Manufacturing company. - Besets o such a liters supply of wool therefore created much Interest ia fleece cir cles all ever the country. Reports indicate that 'the Oregon City mills purchased much more wool thaa it, needs sod st prices that will net heavy profits on the resale. The offering wilt be at the warehouse of the Columbia Basin Wool Warehouse company, bat the sale will be entirely controlled by the Oregon. City institution. Much a liberal resale offering coming as it does when- most mills are trying to contract applies of the 1923 clip is or more, than patting interest. Chicago Wheat Is Bullish; Prices Reach High Mark Chicago. Dec. 13. Speculative power ia h. hnli side of wheat and highest prices of the season were recorded today for all deliveries. The prospective aid from congress to the fsrmer in advancing prices is oemg broadcast and the public is bow in the market heavier than ever, and the cautions-minded are a little inclined to accept profits, as the outside speculator usually comes in the market when the price movement is Hearing its peak. The bullish factors today were the sharp rise .in sterling exchange to the highest of the year and it's now leas hsn 29 ceuti under normal and the bulge in Winnipeg. The advance in the latter mark waa due to light receipts, due to cold weather interfering with railroads. Liverpool again ignored the advance in North America, closing H pence lower, but aa opening advance of 1 c at Buenos Aires may cause a change of attitude on the part of that buyer tomorrow. Cash wheat premiums were unchanged. Milling demand waa quiet and the season of holiday dullness has appeared. Ex port trade was slow. B. W. Snow was out with a bullish resume of the worlds wheat situstion, which caused buying of July. Aside from December, corn futures attained the highest levels on the crop. There was a little pressure on December early, but all de liveries moved up when wheat had its bulge. There was good buying by Eastern bouses and locals. Belling was principally for long ac count. Shipping demand was slow. Cash pre miums were unchanged. Receipts continue of cood volume. oats follow, a tn trena oi otner grains, late months advancing to new high levels. Sell ing out of oats delivered to longa put Decem ber at a discount under May. Shipping de mand was slow. Provisions were lower early on the weak cables and then rallied on Eastern buying. Wheat market closed 14 u 2c liigher December. $1.24 U to H ; May, $1.23 to H : July. $1.14 H to H . .Corn closed " to like higher. December, 73c; May. 73 H to He; July, 78 to 78c. Oats clsxed H to c higher. December, 45Hc; May. 43 H to He; July. 41 H to v.c. Lard closed 3 to 7 He higher, and ribs 7 H to 10c higher. Chicago range by Vnited Press: WHEAT Open. High. Low. Close. Dec 122 H 124 H 122 H 124H May 122 124H 121 H 123H July ..... 112 115 112 114H CORN Dec 73 74 'i 72 H 73 May 72 73 71. S 3 H July 71 s 73 Vs 71 H 72 H OATS Dec. ..... 4a 45 i 44 -a 45 H May 45s 46H 45H 4H July 41 H 42 41 H 42 H RTE Dec. 89 90 89 90 H May .... 81 U 92 . 90 92 BARLEY Dec 72 71 May .... 71 .... .... 70 LAKD Jan 1015 10I7 995 1013 May 1030 104& 1023 1042 it IBS Jan. 1O30 BPLLISH MOVEMENT IK SEW YORK COTTON TRADING New York. Dec. 13. With the last Washl ington report of the year out of the way the cotton trade was enabled today . to obtain a more definite basis for opinions as to supplies ' for the balance of the season. With a yi"ld of approximately I9.O0O.iiiH bales, tint cotton included, to which must be added roughly half a million bales of linters. the supply would be only 10.50O.900 bales to carry the world through to a new crop. Fol lowing the recent decline of 2 He. this wa not a prospect, to relieve anxiety as to neces sary cotton -to supply world needs. In view of this situation, interests that accumulated contracts steadily last week resumed their buy ing immediaely after the bureau report greater day and vQLh increasing aggressiveness this morning. Spertaeulsx movements in sterling, which sdvanced to 34.69, facilitated buying opera tions. As a movement ot 6 point, in sterling represents about 25 points in cotton price, Liverpool took out a large quantity of con tract tarly in the day, which hekt March within lO points cf rtwnng figures. There was considerable profit taking for n bout. bnt. after this cotton had been absorbed the market began to feel the effects of the re cent hesvy concentrated, purchases of contracts on the New l ock exchange. W here large oper ator took blocks Of Mavch and May. pncee responded quickly. Msy rose from 25.30 to over 25.70. with all months up over SO pointa before midday. - Entirely outsldn-of the stength of the whole position of cotton, a feeJUut has been- slowly permeating speculative circles than an im portant change tn American foreign relations aa impending. Signs of a more active partici pation in European affairs bare not been ig nored, flossip in Wrrgion and guarded statements from -official circles, iisve ttirtmhrd a basM for this eonelusion. Mhoeld these signs materialize into action, results on commodity markets might eastly become important. Steady buying carrfed March to 5.64. with . .hi,. fMlnn In th lul lunr. It is nose evident that one of the largest operations of the season ia going on, beuerea 10 repTeses the combination of Wall street and Western speculators. - January closed 25.35 to 26.38; March, 25.57 to 25.39; May 25.61 2 5 63. Prices reported by Ovcrbeck Cooke Co. Itrtth - Open. High. . lw. -: Close. January ....... 2505. 25502502 S..3 March ........ s.a s May 2531 2578 2530 2561 July . 2497 2320 2491 2626 October J. 2348 . 2aSt 2340 S371 December . . 255 2342 "493 fi5S2 Eastern Cask. Wheat . Chicago. Dee. 13. Cash wheats-No. 2 red.. $1.29; No. 2 hard. $1.24 H 1.26; No. 2 Montana, $1.24; No. 8 spring, $1.28: No. 8 winter. , 78 H X c; 1N0. -2 :.winter, T8 H 78.c . ' 'iv" -vv..-- . . Winnipeg. Dec 18- Cash wheat Jo, t northern. $1.Ai : No. 2 northern. $1.07H f No. S northern, $1.03 : No. 4 northern. 99He; No., 5 northern. 93 tic: Nov 8 north-era.'- s4ci -""'' ' "I' Minneapolis, Dec. 1 3 Cash wheet No, 1 northern, $1,24 H 1.31 H ; No. 2 dark northern. 1.23 H 1.2b H : Sa 2 northern. $1.20 H 1.26 H : So. 3- dark northern, $1.1 TH 41.2-4 H : No. 1 dark hard Mon tana, $L22H 1.25 H. . 8 :L ' : WTerpoel tCotto ! Easier - Liverpnol. Dee.! 18. -iL S. p cotton duU. : Prices easier. Sales 4909 bales. Americaa middlings fair, - 13.09; good antd dbnejs, - 14.64 ; faU . xeiddlings, . 14.49 ; ' xnid dlinea. 14.44; low middliaga. ' 14.19: good ordinary. 18.69; ooromary, 13.89. . Fmtuxes epeoed quiet. ... . . . .. f , - iJrerfioei, Wheat Lower -LirerpncCDee. 13. Wheat: 1 - . ! Ones. - 1 - CVws Dee. 19s -3d C 19a 4 ltd Hd MeK ........ OslOHd "r 9sl9Hd v Hd May $t...I.ta td - Hd ;:.v'-,jTw TwTk'.SNfmr Ms$;CoffewJ Tork Dec IS. fC. P.l Sugar, dull: taw. $3.T7; refiBsd. hUl; granrilstad. $7.10 Ooffee Ne. T Rio, spot, lie; He. 4 Ssatos. ' , rssa m Tint New Tork. Dec 13. (L N. B. Ocean (steam) grala. firm; Cnfted Kinglom, 8s 4d; Germany. HaraHurg,- 14 He; Krance. Atlantic norts, 18e: Xlediterraneaa. 21 33c: Holland. Rottrrdani.' 16c; Antwerp, lec.-Oeaeral cargo, steady:- - ' -i '. "'"-. ' - Pteim Alrn Wheat Pnervis Airee. Pec. IS. ';rr; . -c. $1.21; best o"ii I . C C! r, ii.il i ORE T FLOOR ON COAST WEDNESDAY. WHEAT TRADE BUY G - Tear ' Bid. r rle. ago. Hard walte ...:.fl.eS i 2e !. Soft white ...... Ui .. IM Wester white .. t-23 le Hard winter ... 1.19 Se LM Northern spriag UI l- Western red .... LIS . Se NORTHWEST GRAIN RECEIPTS Compiled by the Merchants' Exchange: . Csr " Wheat. Barley. Flour. Oats. Hay. Portland. Wed 43 13 Tear ago ... 231 . . . Seaton to date 11696 344 Tear ago . . .18570 133! Tacoma. Tues 5 l! Tear ago ... 13 Season to date 378 21 Tear ego ... 8264 7R Seattle. Tues. 32 1 Tear ago ... 20 Heasoo to de.he 4816 27 Tear ago ... 46M 124 Astoria. Tues. 2 ... : Season to date 453 2 16 680 1184 S 2 524 826 19 7 1331 1237 44 3 11 411 972 515 876 ::Fs 83 356 83 463 2 14 6 326 3ft 27$ 904 " "6 47 Very erratic market is showing of wheat in the option trade, with little stability In the situation. It becins ta look as if big intere-U at Chicago are trying their utmost to force higher valnea, bnt the world's market is by no means inclined to follow. f Chicago options were erratic but generally firmer and higher in, the early trading. Liver pool was firm and higher early, but showed a loss at the closing, while . Buenos Aires was sharply higher all around at the start. More interest in the market is being taken for cash stuff locally, but trading remains on a nominal basis. European interests in cables to local people report wheat available on the Atlantic coast below the Pacific slope value. Therefore buy ing is shown there. Oriental flour market situstion appears much improved. It developed during the day that considerable secret business was passing with the Orient. While most of the flour sales are reported for the account of country mills and st about 20c reduction from Hat prices, there is more activity in sight for tidewater plants. Millers at tidewater appear unwilling to confirm more than a limited amount of business except at list. ' No European flour trade of importance is shown. Hay. millstuffs and feedstnffs continue in active demand at printed prices. WHEAT Buying prirr. tidewater, track de livery; Club, $1.23s1.24 bushel: blues tern, $1.55 bushel; Big Bend biuestem, $1.60 $1.05; Turkey red. $1.22 W 1.24; red Russian, $1.21. DOMESTIC FLOUR -telling price, mill door: Patent, $7.60; Willamette valley brands. $6.10 ( 0.30; local straight, $3.85; bakers' hard wheat. $7.60; bakers' biuestem. $7.59: bakers' pastry. $5.30; graham, $6.40: whole wheat. $0.60; rye. $6.80 bbl. Price for city delivery, 1 5c extra: suburban, SOc extra, EXPORT FLOFR Club straight, $3.50; biuestem, cntoff. $5.80. HAT Buying price: Willamette timothy, fancy. $22.30; Eastern Oregon timothy. $23.00 per ton; clover. $20.00; straw, $8.04; alfalfa, 20.3Ottf 21.O0; gram hay, $22. 00. GRAIN SACKS Nomina.. No. 1 Calcutta, 10c for new crop delivery. Domestic bags, lOe each. MILLSTUFFS Mill run at mill, sacked, tor. lots, $35.00; carload luts. $30.00; mid dling;, $42.00 b 43.00 per ton. OATS Per ton. baying price: Feed, $35.50: milling. $38.00. BARLET Buying price; Feed. 34.00; brewing. $34.50. FEEDSTUFF'S F. o. K mills: Rolled bar ley, $87.00: whole barley, $35.00; alfalfa mas', $30.00; coconut meal. $38.00; cracked com, $38.00: whole corn. $86.00. Merchants Exchange session: WHEAT December , January Bid. Ask. , Bid. Ask. Haid white ..$ 1.52 $ 1.65 $ 1.S2 $ 1.68 Soft white .. 1.25 .... 125 .... West, white.. 1.23 '1.23 .... Hard winter.. 1.19 . 1.19 . . . .- Nqr. "priog .. 1.20 .... 1.20 .... Western red.. 1.18 .... 1.18 .... JvEED OATS 36 lb. naturals. No. 3 .... 33.00 37. SO 37.50 38.00 BARLET 36.00 CORN 83.75 .14.50 33.25 34.25 35.00 "37.50 38-lb. list. 38.00 36.00 34.30 33.75 44 lb. min. No. 2 No. S T. hh. T. sh. 83.75 33.25 DAIRYMEN'S ASSOCIATION MAT INCREASE CAPITALIZATION Chehalis, Wash.. Dec. 13. The stockholders of the Lewis-Pacific Dairymen 'a association have been called in a special meeting on De cember 28, for the purpose of discussing busi ness, matters that have come before the asso ciation. Consent and a tnlto fixation ia asked of the stockholders to increase the capital stock of the association from $83,000 to $2X5.000 The capital stork of the association under the new plsn will consist of the existing 8500 share!" of $10 par value each, hereafter to be known as common stock, and 8000 shares of $25 par value each, to be known as preferred sUfCk. Chicago Dairy Produce .Chicago. Dec. 18. (I. N". S.) Butter Receipts. 6265 tubs; creamery, extra. 53c: extra firsts, 49 9 52c; firsts, 4548c; pack ing stock. 34 t 85c. Egg Receipts, 3477 cases; miscellaneous, 50 32c; ordinary firsts, 48 6s&9r: firsts, 51 55cJ checks. L-4.26c: dirties. 2e28c Cheese Twins,' new, 20 He; daisies, 24 . 27 He: Young Americas, 2727He; long boms, 27 27 He: brick, 24 (a 24 He. Live Poultry t?hieken.v 16 g 20c: springs, 19 He; roosters. 18c; geese, 18c; ducks. 18c Berry Statistics Shews VTodoburn, Dec 13. Toe Bank of Wood bum has compiled statistics showing the berry pack in Woodburn in 1922, amounting to 8.988.594 pound: the berry production ia I he Woodburn section during this year, of fruit I delivered here, $201,284.54, and the revenne of a 17-acre place adjoining Woodburn in 1922, $4879.32. The payrolls were: Truck ing, labor at canneries, etc., $65,127.38; picking fruits. $72,666.11; total. $187. 793.89. Hardwood Pric$ Too High - Pendleton. Dec. 13. Pendleton household ers nave abandoned hardwood for their flrea. For years Pendleton people have shipped in aa nigh aa 16 oars of hardwood for fuel but. because of the high freight rates and due to the further fact that the wood comes from a greater distance each year, the price has reached prohibitive figure and in-recent years not more than four or fire . cars are' brought to the city. Beekeepers to Pool Wax Pendleton, Dee. IX. Umatilla county bee keepers will -pool their wax and ship and sell about two too of it, according to a decision nude at the recent meeting held -by their organisation at llcrmirton last week. They abm detcrmtned npon a demonstration apiary, with the cooperation of -County Agent Bennloo. The meeting chase John Thomas as president for ' the year and Jens Bcovbo as secretary treasurer. , ,; New Tork Metal-Market V New Tork, Dac. IS. I. S. 8.) Metal markets: Copper, steady; all positions. 13 134kC .:: - Lead, firm: Spot. 7.25 7.50c; Decem ber and January. 7-19 7.25e. Spelter, 'steady: spot and December, 7.0 5 T.20; January. 7.05 7. 13. a . MlaaeapoUs-Dalath Flax . Minneapolis, Dec 18. Flax: May. $2.59; December. $2.71; track, $2.78 2.73 H ; ar rive. $2 65 H. ' Dnlnth. Dec. 18. it N. f. -Flax: De eember.r $2,76: January, $2.7H; May, 2.4; ;l.y. $3.44; track, $2.77 2.19 ; arriw.. $2.49. - H Cholera IIDi Stork Chehaas. Wash., Dee. 18. The Colya Brothers of Oaalaaka. who a few days age lost their entree stock ef , hogs, on misting of. 40 head, reoort that the caase was doe to veg cholera, according to Dr. Helton, state veteri narian, who examined portions of the hogs. . --N4w Yrk-I.odoa SBrer' i New Tork: Due. 11 fl. ,.) Commer cial bar aBver: ' . Domestic, unchanged at 99 He; foreign' He lower at 4e. London, Dec 1I.-H X. 8.) Bar silver was He aswer at 80 le-ltd. r Chtesro Potato Market ' . Crdeago, Dec 18. ft N. 8.) Potatoes Reeetpts 6S ears, Wisconsin mad white, TS S6e; Miirneaota and North Dakota, ?0s 80e; Red Kiver Ohios, 73 80c; Idaho rue arts, $L25. - Batterfat Prlees Iaereased . . '(7betsalia. VVasK. lleR. IS. A price eg 64 cents a pound for butterfat has -been quoted today by the Lewis County Cooperative Cream ery, which -, is the highest quotarioa it has reached locally this winter. Darigold cheese is 3 st - ren-j ana uua suua powusr st FEEDER KILLER STOFF IS SOUGHT WEDNESD AT LITESTOCK TRADE i Hor. Steers, Lambs. Portland 9M $ 1M 91144 Carcagti ..... 8Ji 18.75 f-.-liM Dearer ..... 8.1 S 8.46 4Jt Kaa Fraaelseo 166 & 1444 Omaha .' j;,.,. 844) , 164 ; J4.8S KaasaaClty . 8.19 199 UJi PORTLAND LIVESTOCK RUN Hoc. Cattle. Calves. Sheep. Gars. Wednesday . .. 389 239 85 18 Week ago .... 887 2 weeks age.-. . 799 4 weeks ago. .-. . 46 Tear ago . ... 251 2. years see. . . 650 8 years ago. . . 228 4 years ago. . . 68 1 10 e4 246 ioo 621 181 6 27 3 8 9 14 4 48i "i7 32 92 147 74," Thirteen cars of livestock arrived st North Portland December .1 3. but. two loads went di rect to outs'de killers. All lines were quoted st the former price range; Market for cattle continues to reflect full steadiness. Feeders eepeeially are being sought. Bargains in such . offerings no longer become stale in the alleys, while for killers the demand at the moment appears slightly in excess of the new supply, quality considered. General eat tie msrket range: Choice steers ...$ 7.00 7.50 Medium to good steers 6.50 7.00 Fair to medium steers...... 6.73 0 6.60 Common to fair steers 4.25 9 4.75 Choice heifers '. 4.30 d 5.60 Choice cows and heifers ..... 4.50 (S 6.00 Medium to good cows-neifers. . 4.09 4.30 Fair to medium cows-heifers.. 3.30 4.O0 Common to fair cows-beJf ere . . 2.60 8.50 Cannera . 1.50 9 2.50 Bulls. 8.00 4.25 Choice feeders . . . 5.00 5.50 Fair to good feeders 4.00 6.00 Choice dairy calves 8.00 8.50 Prime light calvss 8.00 8.50 Medium light calves 7.50 8.00 Heavy calves . 4.00 7.50 , Swine Values Hold No change in swine market values waa shown at North Portland for the Wednesday session. Only, a small run of 389 head was shown. Trade waa considered steady. General hog market range: Prime light . , $ 9.00 9 9.50 Smooth heavy. 230-800 lbs., 8.00 9.00 Smooth heavy, 800 lbs. up... 7.50 9 800 Rough heavy 8.00 0 7.60 Fst pigs 8.50 9.00 Feeder pigs 8.50 9.O0 Stags . . . 4.00 44 6.00 Sheep Trad Nenwnai With only a handful of new arrivals in the alleys, the Wednesday sheeu and lamb trade was steady but on a nominal basis at North Portland. Prices unchanged. Genera! mutton market rang. Prime east of mountain lambs. $10.50 $ 12.00 Choice valley lambs 10.50 12.00 Medium valley lambs O.O 10.50 C-immoa valley lambs 8.60 9.50 Call lambs 6.75 & 8.69 Heavy yearlings 9.50 10.00 Light yearlings 9.00 9.50 Heavy wethers 7.00 .7.50 Light wethers 7.50 8.60 Ewes 2.00 6.00 Wednesday Morning Sales COWS No. Ave. tbs. Price. 1 No; , Ave. lbs. Price. 3. . .1075 $ 3.75 J BULLS v 1. . .1820 $ 8.85 Tuesday Afternoon's Sales STEERS io. Av. lbs. Price. Noi A v. lbs. Price. 2...1066 $ 7.00 ; 28 640 $ 3.25 1... 800 5.25 86 652 5.25 1... 610.. 5.25 14.... 770 5.23 1...1130 5.60 2 ... 730 4.90 COWS 4... 830 $ 3.40 S 1003 $ 3.75 2... 095 4.00 2.... 1070 3.56 1. ;.1060 4.10 I 2 1170 - 4.00 HEIFERS ' 2.... 830 $ 8.75 4. .. 1052 $ 4.75 HOGS 28... 185 $ 9.50 2 225 $ 9.40 4 203 9.50 . 1.... 290 8.73 15... 115 9.00 .11 103 8.50 1... 560 6.50 2 185 8.75 1... 500 6.50 2...'. 285 8.75 6... 251 9.00 14 121 8.75 11... 266 9.00 1 240 9.00 4 140 8.75 LAMBS 2... 123 $12.00 I 7 108 $11.00 5. 83 12.00 I . EWES 86... 170 $ 5.50 1 170 $ 5.00 TEARLINOS 2. . . . 140 $ 8.00 AMERICAN LITE STOCK PRICES Chicago Hogs $3.36 Chicago, Dec. 13. 1 1. . .) Hogs Re ceipt, 35.UO0; market steady at Tuesday's close. Bulk, $7.90ss.25: top, $h.33; heavy weight. $M.ti0&8.25: medium weight. SM.lo 8.30; lightweight. $8. 15 6 8.86; light light,. $K.1B&8.85: heavy packing rows, rauita, $7.3e7.90; packing sowr, rough, $7.30 a 7.05; pigs. $8.15&8.36. Cattle -Receipts. 14,000; market steady. Beef steera Choice and prime. $12.75 13.75; medium and good. $.O0e 12.00: good and ehcice, $12.60 14. : common and. me dium, $7.60 011.60. Butcher cattle fleif- ere. $3.00 sTU 9.00; cows, $4.O0 7.30; bulls. XH..10 (a. 7.0. t anners ana cutters Cows and heifers. $2.76 8.26; canner steers, $3.60 ft? 5.50; veal calves (light and handy weightl . $8.50)11.00; reecer steers. $5.50(r .O0; stocker steers, $5.000 7.76; stocker cows and heifers, $3.605.0O; stoczer cslves, $5.60 (S 7.28. Sheep Receipts, 15,000; market strong. Kat lambs, .-S.I4.50. 15 ; lambs (anils -and common). $10.00 1 H.OO; yearlings, $11.IM (a 13.110; wethers. $7.5" 9.0 ; ewes, $6.50 (7.5; ewes (culls and cmnmonl, $2.60" 5.U0; feeder lambs. $1 .5t) is 14.60. Seattle Hogs 59.40 Seattle, Dee. 13. Hogs No receii; steady. Prime light. $.20 9.4 ; smootli heavy, $7. Ml 7.75: rough heavy, $6,00 9 7.60; pigs. $8.60 (a 8.76. Cattle No receipts: market steady. Pnme iteers. heavy, $6.75 7.25; medium to choice. $6,604. 7.00: feeders. $4.505.00; prime cows, $4.76 v 7.00; Ught calves, $7.60-8.00: heavy. $4.50 5.00.- Sheep No receipts; steady. Prime lambs, $11.60(812.00; feeders. $10.00 . 1 I.0O; culls. $7.00 9.00; wetl-r, light. $8.00 8.60; heavy, $7.00(sj7 5: ewes. $7.75 . 8.15; heavy ewes, $4.75( 5.50: culls, $2.00 Omaha He as $9 Omaha. Dec. 13. Hogs: Receipts 13.000: mr-tly 26c lower. Bulk mixed and packing grades. $7.60 f 7.75 ; bulk butchers, $7.00 7.95: top. $8.90. - Cattle: Receipts 6300; market better grades beef steers and she stock strong; others slow to steady. Best steers. $10.00 10.50: heifen, $8.25; all other grades generally steady. Sheep: Receipts X3.000; mostly steady to 16c higher. Bulk. $14.506 14 75; top. $14.85; sheep strong to higher: 150 pound ewes, $S.256.50: light ewes up to . $7.25: feeders. 25 35c higher; top feeding lambs. $14.60. : i Kansas City Hoot $S.10 Kansas-City, Dec 13. (I. N. a) Cat tleReceipts 10,000. dttll. Hirers, 36.O0 e 10.69; cows and heifers. $8.50 7.59; stock era and feeders, $4.50 9 7.00; calves, $8.00a 9.00. , Hogs Receipts 19,000, dull. Bulk of sales, $7.90 8.05; top. $8.90; heavies, $7.85 to 8. OS; lights. $7.00 8.10; mediams, $7.90 8.10. -.- . Sheep Receipts 30O0, active. Lambs, $14.50 915.25.- . San FrartoUoa Hoas $10.69 Ban Francisco, Deo. 18. (C. P.) Cattle. Beef steers, good. $7,7648.00; medium, $7.0097.60; common, . $6.00 0 6.75 ; beet cows, rood, $S.756.00; medium. $9,259 5.59; common, $4.00 9 5.00; scanners and cutters. '$2.0093.69; calves, $7.60 9 8.00; 390-250 lbs., $7.257.69; 250-80O lbs.. $6.7597.26; ever 300, $5.50 6 50. Hca Orain-fed. Ught, $10.25 910.59; heavy. $7.30 9 8.00.. Sheep Lam be. $18.89 914.00; ewes, $5.6096.60; wethers. $8.509 10.09. . : , Denear Heaa $9-1 E Denver. Dec . IS-r tC. F.) Cattle Re ceipts $000; market steady. Steers. $4.50 8.60; eows and heifers. $$.'509 7.75; stockers and feeders, $3.60 9 7.23V calves, $6.09 9.00. - - Hogs Receipts 1T0; market 16 915c lower. Top. $8.18; bulk; $7.76 9 8.90. t Sheep Beeeipto 4000; - market steady. Lambs, $12.50-14.26; . ewes. $4.00 96.75: feeders. $12.90 913.59. t . - - ' I : New Tork Batter aad T.gg New Turk. Dee. 18 -fT. N. R.) P.ottee market axes ?iy Creamery ' extras,. 64 H 9 56e; creamery flTsts, 41V H 9 54 He; creamery higher scoring. 65 a 67 He: state dairy tubs. $89 58 He; la deal fresh extras, S8 as 99c Cheese market amet. Stato Whose milk specials flat, 27 H 25 He; average ran, 27H: lower grades. ?l(21He. Wisconsin Whole milk.-- fancy : Toung Americas, 28 9 28 He, Mtate Skima, xpedaJs, held, 219 21 He; akims, ebctce. fresh.- 29 9 29 H a. Eggj market steady to firam. . Nearby wfrrte. fancy, 70c; nearby brown, fancy, 64 6&o; extra. 60 9 61c: firsts. 53C5ee. -. Milk The tsovatnal wholesale price if 82.90 per -cwt. . 5 ' . New Terk PetatA Market - New Tork. - Dee. - 13. L N.f 8.) Pota toes (in bulk, barrel or bag) market weak. Nearby whire, II 75 3 00; Berauaaas, $6.90 COMBINATION ARE ATTRAOE'S RISKS Br J. C Rojta frcpyright, 1923. by The Journal) 'i New- Tork. Dec 18 The United Statea government cannot furnish business with legal adrce. Neither . gnvernmsmtal departments their -aa rule ia advance ea the legality of a coarse af business action pro posed by individual col -po rati one or commercial organisations. That was the .- message and the warning canted to business men today-by the announcement of Secretary of Agriculture Wallace .Jt there seems to be no occas ion for the announce ment at the present dme "in eoanection, with the proposed pur- Ai 1. 'wfv-s- aciisse . oy armour at i , f; '. packers, of the aa Li' I"5 I let o Morris aV Co.. rival packers. Wlust Depend en Own Oeunaet . Business today took the announcement to mean tnat corporations or individuals tempiaung mergers and consolidatiow must depend upon the advice of their own counsel. act on n and then let it be demonstrated whether or not the action has been nerformed. not as contemplated bnt within the provisions oi ine laws on toe statute books. The announcement of Secretary Wallace, based as it was. on the opinion of Attornes. General Dauyherty. . was a 'vigorous endorse ment of the stand maintained by the Federal Trade Commission that immnnitv from ma. aible prosecutiun could not be guaranteed busi ness in advance. That stand was baaed on the factor of intent. Msraaes May Establish sstotopery One of the members of the commission pointed out in illustrating this point today tnat a revolver in the hands of a atiien might be used as a defense against burglars without transgressing the law and might abo be used in committing a cold-blooded premeditated murder and that while the terms of the mer ger or consolidation might themselves be en tirely within the legal limits, the oDeratiana of that merger might tend to establish a mon opoly or restraint of trade. This ruling was regarded by businessmen here as especially significant to trade associa tions and commercial organisations. Bodies of tnat character have been urgent in the vast. in endeavoring to discover from ' government euwonuea lust wnat limits might be set on their activities. The commission has held that in general trade associations were lesriti- mate outgrowths of business of great possible vshie, but they held strong potentialities for evil and that their actions could not be judged in advance. Canno Give Opinions oa Legality . The declaration of the attorney-general that no action or opinion on the legality of the Armour purchase seemed possible at this ftme was regarded by businessmen as significant be cause while the Armour program is confined to the purchase of the physical assets of its com petitor, it is possible that while the consolida tion might be beyond the authority of the Federal Trade commissi on or the Secretary of Agriculture under the packers and stockyards act, it might be subject to prosecution by the department of justice if it should-result in. a monoiioly in restraint of trade. The opinion was freely expressed ia packing circles in cmcago ana elsewhere that the re fusal of the secretary of agriculture to give formal approval or disapproval of the plan would not halt-' negotiations for the merger which- involves approximately 8590,009.000 in one way and another. Cattle Prices' Increasing Condition of cattle growers all over the country is reported slowly to be improving. Slightly better prices for stock are being quoted, the ranares are in good condition and many growers are in a position to hold their herds for better prices. Cattle are moving freely from the ranges to the feed lots of the middle west. Christmas clubs now are disbursing checks for tremendous smouonts to members who have saved by this means throughout -the year. About $13,486,000 waa distributed by 67 banks in this city in the last two weeks and new clubs .for next year already are ia process of formation. . COAL StC Paul. Dec. 13. Buying of fuel has been stimulated throughout the Northwest by winter weather but prices have not advanced. An thracite receipts have not been more than 25 per cent of normal and heavy rail -shipments win he necessary to meet demand. Pittsburg, Dec 13. Steam coal is now available at $2.75 a ton cr less st the mine with gas coal euoted around $4.69.' METALS Boston, Dec. 13. The metal trades in New England are less active today than other in dustries but are working the best rate at any time in two years. There is every indication that conditions will be improved in 1923. COTTON " Atlanta. Dec, 3 3. British spinning news is not favorable and Southeastern milia seem to have g-otten over their rush for new mater ials but the consensus of opinion of cotton men here today is that the mills are only temporarily supplied ansf they will be forced into the market for cotton again early ia 1923 o meet orders for goods now booked for in advance. Philadelphia, Dec. IS. There ia a lull in the cotton yarn market here. Carpet mills continue busy today but yarn wants are well covered until after the turn of the year. I'nderwear manufacturers are taking asms yarns for spring goods. SILKS flevelsnd. Dec. 13. New equipment today is being installed at the plants of the Industnsl f-lbre company, makers ot' nacoe silk, which in OO days will give the factory a production of 4500 pounds- of silk a day. The plant is ranmng day and night and baa not been idle a day since it vtm reorganized a year a So. SHOES Philadelphia. Dec. 13. Trade in the shoe business now has fallen off alightly after an extremely active fall. - LCMBKK Houston, Texas. Dec. 19. Export demand for heavy timbers continues unabated today and there baa been a 10 per cent increase in prices in the last two weeks. Demand for railroad timbers and ear material also is heavy. fsUASS Pittsburg, Dec. It. Conditions today In the glass industry are good with . prospects bright. Falling off in window glass boring is teas tnsn UMial at this season. lie ma mi for plate -glass continues above supply. In all lines oi the industry the market is strong. KKl IT Dsn Prancisoo, Dec 18. The movement of the new orange crop is alow, ewin to weather conditions and light demand. I .croons have dropped heavily in pnre with evidences of a j still further decrease in prospect today. LEATHER. Boston, Daa 18. Tbe decline tn the pnre of hides has bad bo effect, en the leather market here. Tanners, 'however, stated today that the lower hide market now permitted them to operate at a peofit. l DKCliS - St Paul, 1 lec. IS. Tbe Twin Cfitiea whole sale drug houses reported today that there had been a alight increase m the volume ef trade over 1921. The principal gam was in drug gist sundries. . ' -. . IRON. AND STTjIEL Pittsburg. Dec, 18. The Cameie Steel company, which has announced - a first Quar ter price ef $36,641 en sheet bars.' makes this price to the American Sheet A Tfuplate com- i pany, both t' hi ted States Steel subsidiaries sad the independents with which H has regular contracts. The company seldom has bars for sale in the open market. In the 1922 first! smarter, bars sold at $29. Attractive riders command concessions from the $3 quot ed on bars, plates and shapes in this market. Youngstown, Ohio, Dec. IS. tn the Ms honing and Shenango valleys,- including the xoung&town district, 82 of the 48 blast fur naces are in operation today. Dried Trait aad Beaas New Tork. Dec 18. (I. N. 8 ) Bean market firmer. .Marrow choice. $10.09 9 19.25; pea choice. $7.2597.76; red kidnay choice. $9.0098.2. , , Dried fruit market, raisins aad pruaea weak. Apricots, choice ta extra fancy,- 24940c; ap ples, evaporated, prime to fancy, - 19 H 9 12 He; prunes, 80s to 60s, ' 12 9 17 He: prunes, 80s to lOOs, 7( 12c; peaches, choice to extra fancy, 12 H 9 19c; seedless raisins, choice to fancy. 20 9 23c, New Terk' PoaltPy Market v - New Tork, Dec. IS. tl. f X. . Live poultry tssrktt firm. Chickens. 21 9 22e; fowls. 48 927c: rurkeys, 359 40c: roosters, 14c; docks. 20 9 35c; geese. 21923c Dressed poultry market f irsnef. Chirkwna, 19945e: ' fowls.'. 1681e: tm-keys. 86 -66; ducks, 39 40c; geese. 20 w SOc-: .f.-.- w .i ' ' l- V 5 ifaw Tork Wool am Hide 1' New Tork, Dee. IS. I. K 8.) Went market orriet. Domestic fleece XX Ohio. 48 . s57s; domestic polled acmired basis. 78c9 i $1.29; domestic Texas scoured basis,: $LA5 1.3S; Jrrntory staple aceared basis, $1.23 9 : 1.49. - - Hide market steady. Native steers. 19 He; branded steers. 18 c. , r . -JJS ' L ' ' " ' ' ' :Nl,er Wheat Ovtleas Winnipeg, Dec. 18, Wheat;- ' - s . .Open.'.' H!eK VLow.- ' CTe. May . bl H . 92 J ,.. 90 - - 92 45 July;-. ; 1 1 o H ' 11 2 1 1 0 H , 1 1 2 H Jjtember.. 107 : 110 , lg7 ia 110 'if Durant Shares Stills Making; a; : New, High Mark Wj WHIIam F.' HssTsnrvati ' New Tork. Dec. 18. Mtning shares aasuraed leadership (a today's trading on the curb ex change. Meveral of the sow-priced coppers coo tinned in demand - threngtsoot tbe greater part -of taw session, reflecting antscipevtsoa of higher prases in the sjoppet metal and an le er easing demand from foreign aad . domestic aourecs, Sneeulative activity in other metal shares was on the increase. Ohio. Copper reached a new top. while independence Lead and National Tin also gained ground. . Knee movements ia ether sections were more irree sdsr Aside from the mining department, the pmreMooaal element extended its operatioas to recent newacomers among the industrials with the result that such stocks as Jones ak Laagh rtn preferred, and Campbell coup preferred went higher. The feature in the market generally was the renewed buying at new high levels ia sev eral of the recent leaders in tbe Motor group. Beth Durant common and Durant of Indiana reached new high records, while. Continental Motors also came in tor considerable attention when it went through 11, a new top. Current reports that the Hayes Wheel com pany te not going to merge with another large manufacturer of automotive wheels failed : to attract a following ia the share, of Hares Wheel and this stock was practically neglected, t 111 shares were comparatively quiet again vrith otit price changea except in one sir two m ttances. Standard of Indiana was slightly higher most of tlie time, while Illinois Pipe line lost over 4potnti at one time. New Eng land Fuel Oil lacked support and was lower. : Compensation Fund Shows a Surplus Salem. Dec. 13. Receipts of the Oregon workmen's compensation fund since its .crea tion on November 5,- 1918, to date- total $14,245,085.54. according to a financial statement issued by the industrial accident commission here. Of this amount $13,301. 420.44 was contrlvuted by the employer, $1,192,883.42 by the workmen, $865,229.57 by the sute and $886,052.11 represents In terest on securities in which the surplus is ingested. - Irnrine the same neriod . there have been disburse menu aggregating $11,821,986.48 as follows: Pensions, gl,909,J4a.; lor time kma, $4,134,503.22; for permanent partial disability less than 24 months. $314,284.29; for medical aid, $2,271,888.69: for burial ex penses, $90,490.10; for vocational reiiebilita tion. $102,534.60; dividends paid. $1,157. 793.84; administrative expenses, si.ii, tin US The expense, ration, representing the fcro pertion or the overbead cost of administering the fund during the nine year period baa been 7.29 Tr -ent- Th unaasibnd' surplus of th commission aa of Novmber $0. as shown by the mootmy financial summary was $337,S9S.b. Bostoa Copper Market Reported by Overbeck aV Cooke Co. Bid. Ask. Bid. Ask. Ariz Com 7H Adventure 50 Ahmeek 67 Algomah 25 Almues 19 Arcadian 2 a Bing Mns 17 CslAAris 54 CaIAHec.280 New CornlSH Cop Rge 85 H Davis Daly 2 E Butte 8 Frank Mg 1 H Hancock 2 H Helvetia 90 Ul Crk 109 Keewanaw 11 H Kerr Lake 8 4 Mohawk 55 H M O Col 2 Mas Valley 1 H . 7 60 59 40 19H 8 18 63 282 -16H S3H 8 8 VI 1 H ' 24 IOO Nipai'n. 5H O-eo Mng 27 Obtjaws . 1 H 6 29 83 21 60 1 10 ; . l.H .50 100 3H 41 47 H 3 26 H 1H 1H . 8 $5 Quin Mng 82 kle Roy 20 H Sou Lake 65 Sup Boa 1 H 8 Utah. Sup Cop Trin Cop 8 SH 1H Tuolumne : 45 Utah Met 90 Utah on 1 i V S Min 39 do pfd 47 UUh Apx 2 Si 110 12 3 57 8' fVentura, 26 H Victoria, 1 Winona:. 1 Wolverine 7 H Wyandatt 25 Forela-a Exehaaare Market Corrected Daily by the foreign exchange department of the United States national nans. Quotations below (except the pound sterling ) are quoted on the basis of 1 00 units foreign currency. Opening nominal rates on bank transactions: Draft Cable Par Checks Transfers Value London ' . Lb. sterling $.4.0H 9 . Paris Francs T.IOH -i.llfk 19.80 Bele'um Francs .... Berlin Marks Genoa Lire . Athens Drachmas . . Copenhagen Kroner .... Chriatiania Kroner. ... . Stoctholml Kroner. . . . Honk Kong Currency. Japan Ten . . 6.56 H .0127 5.01 1.36 20.90 19.19 26.90 63.90 6.57 H .0127 9.01 H 1.38 20.95 19:15 26.95 64.14 4 8.90 19.39 28.81 19.80 19.30 26.70 26.70 26.70 48.73 Shanghai Taela 71.59 71. 89 Canadian dollar discount, H 9 H per cent. Stock Dividend te Be Paid The Northwestern Electric company an- vMinnrad today a resolution of its board of dl rectors authorising the payment of the 9 1 st periodic divide ml on its preierrea slock. i no dividend is, payable January 2, and checks are being prepared for mailing to stoccsoiaers. . 1 ne orginal preferred stock of the company yields 4 ner cent, and later issues return 7 per cent on the investment. Holders of the 6 per cent stock msy exchange it for 1 per cent shares en the bests oi mne-tentna or a anare oi tne latter for one share of the former. Farmers Plaa Irrlgmtloa Project Salem, Or., Dec, IS. Jrannera in uw vi. einity of Aumaville plan tho organisation of an irrigation district to comprise at least 4HH seres of land, to he watered from the Stnuem river. At a preliminary meeting Monday, 49 land owners were present and it ia expected that others will also- be interested in the project. A temporary organirnHon has been formed with (3arenca Bowne as president and J. H. McKtnney aa secretary. . ,' Girl Bandit GuUty "In Least Degree," Is Verdict of Jury Helen Burgroyne. the girl- liighway robber, was found guilty by a Jury in Circuit Judge ! Tucker'a court late Tuesday afternoon under a verdict -worded "guilty In the' least, .degree. She was tried on a charge of assault ing and robbtnar Frank: Montoyav a Filipino boy, from, whom she was ac cused of taking 36 try threatening him wuh a revolver. She will be sentenced Friday. According " to the evidence, she first asked a small 'loan and then: attempted to take ; all - of the - boy's money when fie offered her. a dollar and the use of his room, for the night. She wa arrested after-a thrilling race between a inotorcycle in which the police and Filipino were riding- and a taxi cab she called immediately after the ' robbery. . - ROYAL MAIL -to EUROPE "Trig OOMPOrTT ROtrTaT OKOUMA.. aa. 19 Peb. M1 Aae. 14 08SI7l...'.Jts.S1 llar.14 Msf OfOA. . .liar. 91 -t OMI&.. .apr.21 OIKKOT rasSKMOKrl SKRVfOg " mm Mm Coast Ports to ti. K. , - Itseular Selsines . Tbe Beral VaU gteaat racket C. Raiaier siidfh. asattka, a Lsoai Aasatg TJSSB S3 West Keats. .....Dec, XX USSB S3 West Kader....Feb. 1 TOKOHAMA, KOBE, HOXGXOHG, MA5ILA " USSR R8 Fawlet.. tec 14 , USSB S3 Hamnawa Tc. 15 USSB S3 Wawalona Jan. g -."-' i Fot" ratas, space, ate,, apply to ', ' V : V. TRAFFIC DEPARTMENT Broadway US M-ili Board gif Trads BIdg. , - Portlakd. Orro EASTERN HOLIDAY BUSINESS HEAVY f Frank O. McOlaln Philadelphia, Dec. 13.- Never before have merchants presented their ware, for the holi day trade in each attractive form ea this year and tliey are reaping a rich harvest. Stores are thronged here. The matortty of the larger building operations have progressed te a point where they are under roofs and work for mechanics is assured through the winter from this source. , , . . There is a seasonal lull in wholesale and jobbing cirri time for Inventory taking PProache. but factories nr. operating stead Vi Textile plants are working on orders for deliveries tar into 1928. Factories making automobile parts, bodies and batteries are ex tremely busy. , Business Men to) Leave Tonight for) Tacoma Meeting -: -'- ' i -..I.'' Portland's delegation to the Second annual Pacific Northwest .Foreign trade' conference, which will bo held in. Tacoma Thursday and Friday, will' leave for. the North tonight. Approx- ', imately 30 business men xt the city are . expected to attend the conference. Programs for the convention hava been received by Frank Ira White, manager of the foreign trade depart ment of the Chamber of Commerce. The speakers from Oregon will be C P. Bishop. Portland: Roarer D. Pinneo, Astoria, and Edgar 11. Sensenlch, Port land, on Thursday afternoon. Friday afternoon Portland speakers will be H.- I. Hudson. L. EL WllUams and A. C. Callan. The meeting will conclude with a banquet Friday eve ning. ' Portland business men, who had signed for the trip early today were : H. L. Hudson, A. C. Callan. A. L. Ben ham, Waiter H. Brown. O. G. Wilde, Lee Hong, E. H. ISensenich, C P. Bishop, George N. Black, I K. WU Uarns, W. W. Payne. A. S. Edmonds ; W. P. LaRoche. K. H. Parker, Arthur M. Geary, sJmes W. Crichton and Frank Ira White. ' TRANSPORTATION Travel Y not ret experienced and tc. curate information from one who has traveled extenslvelv for the benefit of hU patrons? FREE INFORMATION. Scure Staamtliip Rcserra. lions anti Tlckata : From . DORSEY B SMITH. Us..ssr J ournal Travel Bureau ISO Broadway, Portland, Oregon, , Pkoti ATwmter . 1 979. 1)1 SS. ADMIRAL EVANS alls frem Munlclnal Deck Me. t Wednesday. Owe. 20, 10 A. M. - vary Wednesday Thereafter FOR' CAN FRANOISOO, LOS 486111$, SAW OISOO . HONOLULU SERVICE - - Salllnas from San Franclsoo ' M. P. Alesander . . . Jan. 4,1P.M. H. F. Alexander. . .Jan. SO, S P. NL Ticket Oftioe , 1 01 THIRD rr.. OOR. STARK ' ..,':.-.f , Pnene Braadway ,. S4S1.)iy:,..;r direct Passenger sailing TO ' VIA " - PANAMA CANAL S. S. "HIGHLAND HEATHER Ieafisg Seattle, Portlaad, early brsary, direct te British Ports First and intermediate class passengers carried, . APPLY TO IOCAI. AGE3TS - OB THE ROYAL HAIL STEAf.I PACKET COMPANY . t$4-Z4g Rainier Bld geattlea ' Wash..' Pkoae JilUott 4$4 Agtoria' and Way Points SIRS. LURLIHE AND UNDINE Oally. Sxospt Satordsy. 7:SO P. M. i. are to Astoria. $1 .85 One Way $3.00 Bonnd Trip Week-End Bound Trip $2.59 TH HARKIN TRAMSPORTATIOM OO. dwy. as44 . , AMer St. Deck II7H North China Line COLUMBIA PACIFIC SHIPPING COMPANY ; Operating TJnited States Government Ships 9LKCT FBEIOHT SEEVICB VT1TBOUI i ' TBAKciSHlPMEST EETVTBBa " , POJUUkSB, O&602T , TOJEOHAJCA KOBE,rSHAlTOHAI, ; TAXTTBAB (Tteatslal VAIKEH . , , ; i '' I :