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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 31, 1907)
THE MORNING OREGONIAN, THURSDAY, OCTOBER 31, 1907. BUTTER WILL DROP $4 Local Prices: Will Be Cut To morrow. FALL ALL OVER COUNTRY $ ;l .stern Markets Slnmp Sharply, , Owing to the Financial Strln ! gency Imported Article Is j Not Wanted Here,. Tha first of the staple product of this seo- lon to be affected In price by the money tqueeze In the East will be butter. Because if the slump that has occurred In Chicago nd other Eastern markets, local butter prices. afore the week Is over, will undergo a re luct Ion. The decline will take effect Friday, nd although It cannot be said now what the f xtent of the cut will be, It will doubtless be the amount customary In local price cnanges. I Ftotji a purely local standpoint, there is no Beeo for any alteration In quotations. The supply anil demand nearly balance each other. the gradufol shrinkage In cream and butter rosipta bjelnv offset by Km decrease In the 'coasumptldn of butter, as In nearly all other ,llne of toed products at the present time. The. Eastern, markets, however, have slumped Ibadly In thei last few days, the Chicago price jon creamery extras and specials having fallen 4 cejlts. With the Eastern market quoted around 25 cents and the Portland price held up o 85 cents, the temptation of fered to speculators to bring Casters butter to this market would be great. There are at ! ready four or five cars of Eastern butter bare, a quantity not . large enough to affect the market, but If a i flood of the Imported . article were to come along. It would entirely demoralise the butter trade. It Is to prevent any such movement that the Oregon butter makers will put down the price of their goods. ; The fall In Eastern butter prices Is the re sult of the money stringency. An' Immense quantity of butter Is held In storage by speo ulators, who are operating on borrowed money, and the refusal of banks to renew the loans has caused a considerable portion, of this sup ply to be thrown on the market, which has Erred the. butter trade from one end of the tountry to the other. The Eastern cheese market is weak and jower for the same reason. The local cheese market has not been affected, however, as nly limited stocks are on hand here, but It Is not likely that the advance that soma dealers have been looking forward to will be realized. WASHINGTON HOPGROWERS STAMPEDE Rush to Sell and Market Goes to 5' and 6 Cents. The statements made in this column two days ago regarding the hop market have been fully confirmed. Local dealers find it Utterly Impossible to interest the Eastern trade, even at lower prices than they have heretofore quoted, and most of them have ceased -to go to the trouble of making tele graphic oilers. The cessation of buying In Oregon, both because of the absence of Eastern demand and the local banking situation, has had a further- weakening effect on growers, and they are now offering hops more freefy than ever. Export grades on which 10 cents was . bid less than a week ago. were yesterday loffered to the trade at 8 to 9 cents with no takers. Prime hops were offered on tne market ' at 7 cents. So for as could be learned, business In this state was at a Itandsttll. . , In -Washington, on the other hand, trad- .ng was active, but at extremely low prices. The prediction made by some dealers thai they would see a 5-cent market was real (zed. Reports from the North said that a ttampede was In progress and It would sur. prise no one If the next few days would witness a total cleaning up of the Washing ton crop. After that. If things are not ai tered here, there Is likely to be a similar movement in California. I The following Washington hop deals were reported yesterday: McNeff Bro. bought 368 bales from Annis & Balsley at 6 cents and -80 bales from Mosolf Sons at o cents. Hugh Herren bought 130 bales rrom !C. F. Mushier at S cents. Charles Metzler Jbought 22 bales from Walter Durgln at 0 isenta. These were all graded as Drim .Washington hops. In quality slmillar to lots .old two weeks ago at 8u and 9 cents. Conditions in the hop markets abroad are ' no better than at home, according to advices received yesterday. Klaber, Wolf & Netters London cable read: . "London market weak. Belgium market unchanged. I Isaac Plncus & sons, of Tacoma, received the following cable from Ironmonger, oi j ixinaon: "Market dull with downward tendency. '"i aoing. buyers holding off wait Ing for lower prices. There Is every pros poet of a decline." The saroa firm received the following wjia irom Manger & Henley, of London: "Marlmt . Hull -ftt. - a . . i uvnuirmu iciiuency. saarnet snowing a baa feeling. No improv pent anticipated in the nsar future." y fOUI-TRY ARRIVALS ARE HEAVY. rr - Sen emand Is Not Brisk and Tone of Market r. . Is Easier. Receipts Of OOUltn wr nmxTi.fc.t 1..-.. i'n usuai. .Buying was not very brisk, re J tillers only purchasing what thev absolutes required. The result was an easier fn. h the market with most dealers quoting prices nair a cent under the former rangi tn chickens. I The egg market held stead v at i. The undertone of the market Is rather on settled, especially on Eastern eggs, as a re '4lt of the decline at Chicago. Receipts of fresh fruit larger Kut Demand for All Descriptions Continues 1 Slow. I Business In the fresh fruit line was again Ifaw yesterday. Supplies of most varieties ere larger than on the previous day, but ihe demand was light. Apples in particular were more plentiful, but the buying was 1 f enerally limited to the corts that could be I bought at $1.25 or $1.50. The higher-priced Hinds are hard to move. A shipment ot California grapes was received In very bad rdor. Two cars of bananas were due last j sight. 1 Grain Trade at Standstill. J The grain trade was at a standstill yea . terday, because of the banking situation. In ) ;he absence of business, prices on wheat,. parley and oats were quoted nominal at tn ' previous range. Bank Clearings. Bank clearings of the leading cities of the Sorthwest yesterday were: . Clearlng-l ( Portland $ 848.571 I leattle 1,713. 5S2 facoma 720.1(15 .- Vpokane 1,230. 7j!0 Balances. $144,013 203.02 ! fio.ooa 176,302 V PO It TLA N D QUOTATIONS. Grain. Flour. Fet-d, Etc. MILLSTUFFS Bran, city, $20; country, 1 per ton; middlings, $7.50; shorts, city. country. 23 .per ton; chop. S16&18 per WHEAT Club, 87c; bluestem, 89c; Valley. OATS producers' prices: No. , 1 ' white. In uO: Ki-ay. 2n.50. TJ-T riTTR Pittpnt 10.? atrnlvfet. il 1A clears. (4 0; Valley, 14.40; Graham Hour. Ii54 Ts; wnole wheat aour, S4.30Q3; rya tur. $5 50 BARLEY Feed. S2S.50 tier ton- hrewlna. nou $30: rolled $30&U. CEREAL FOOas Rolled oats, cream. 80- 'uu n .1 . IV o, pvi uatiei, n. iuww gmucB, i. 507 50; oatmeal, steel-cut. 45-pound -ck, $ft.50 per barrel; 9-pound sacks. $4.50 per usie; osiiucai (giuuuuj. 43-puuuu b&cks, ner hnrrei- fi-nounri sacks. S4.50 tour bale: 8 split peas, per 100 pounds, $4.254.80; pearl irley, S44.50 per 100 pounds; pastry flour, 1-pound sucks. $2.60 per bale; flaked wheat, 1.25 per fase CORN Whole, $32; cracked. $33. HAY Valley timothy. No. 1. 17tflS per ton r.Batern uickuu iiiuuiiij . ?io; clover, cheat. $13: strain hay. $13 14: alfalfa. $13 13 14. - Veretnlir, Fruits. Ft. . DOMESTIC FRUITS Apples. $ll2.50 per box; cantaloupes, $1.001.50 per crate; peaches, 60cS$l per crate; watermelons, lc pound: pears. $lft 1.75 per box: grapes, 70o $1.75 per crate; quinces, 50c$1.00 per box; huckleberries, 7fr 8c per pound; cranberries, $10 10.50 per barrel. TKOPICAL FRUITS Lemons, saaoni per box; oranges, Vaiencias. $3.754.71; grape-fruit, $4.50; bananas. 5c per pound crated, otec; pineapples, $4.50 per dozen; pomegranates, $2.23 per box. ROOT VEGBTA BLB.8 Turnips. $1.25 per sack; carrots. $1.25 per sack; beets, $1.25 per sack: garlic Sc per pound FRESH VEGETABLES Artlohokss. BO 75o per doz. ; cabbage, llttc per pound; enullflnwer, 25(V$1. 00 per dozen: celery, 50c $1.00 per doi.cn: corn. 85c$1.00 per sack; cucumbers, $1 per sack: egg blant. SI ',c l.oo Der crate: lettuce. nothoua. $2531.50 per box; okra. 10 12c pound: onions, 10200 dozen; parsley. auc per dozen; peppers, 8(&17c per pound; pump kins, 114c per pound; radishes. 0e per dozen: spinach, flc per, pound: squash. 1210 per pound; tomatoes. 259500 per box. ONIONS Buying price, $22.B0 per sack. DRIED FRUITS Apples. 80840 pr pound; apricots. 10lc: peacnes. 11013o; pears, llHfP14c; Italian prunes. zv; California flari. white. In sacks. 56Hc per pound; black, 4H5c; bricks, 75cO$22S per box. Bmyrna, lssxuc per PrMlnn AUW7c ber DOUUd. POTATOES Buying prices, 7G$1 per hundred, delivered Portland.; sweet potatoes, 2 Ho per pound. Butter, Eggs, Poultry, Eta. BTTTTER City creameries: Extra cream ery, 85e per pound State creameries: Fancy creamery, 30 G 35c; store butter, 17HW2o. CHEESE Oregon full cream twins, 17c; Young America, 18c per pound. VEA.L, 75 to 125 pounds, 88He: 125 to 150 pounds. 71c; 150 to 200 pounas. ocio. PORK Block. 73 to 150 pounds. 7H&80J packers, 77c. POULTRY Average old hens, 1212o: mixed chickens, ll12c; Spring chickens, lH412c; old roosters, 89c; dressed chickens. 1314c; turkeys, live, old. 18o; young. 18c; turkeys, dressed, choice, nom inal; geese, live, per pound, 910c; ducks, 14c; plseons, $11 50; squabs. $28. EGGS Fresh ranch, candled, 85o per dozen; Eastern, 27tt80c per dozen. Hops. Wool. Hides. Etc. HOPS 1907, 7Oo per pound; olds, 4c per pound WOOL, Eastern Oregon, average best, 16 S22c per pound, according to shrinkage; Valley, 20 22c, according to fineness. MOHAIR Choice. 2!)30o per pound. CASCARA BARK 5 V 60 per pound; car lots, 7c per pound. HIDES Dry, No. 1, 10 pounds and up, 15c per pound; dry kip. No. 1, S to IS pounds, 14c per pound; dry calf; No. 1, under 5 pounds. ISc; dry salted, bulls and stags, one-third- less than dry flint; culls, moth-eaten, badly cut. scored, murrain, halr-slipped. weather-beaten or grubby. 2 9 8c per pound lesp; salted steers, sound, 60 pounds and over, 77c pound; steers, sound. 50 to eO pounds, 7c nound; steers, sound, under 50 pounds, and cows, 7c pound; stags and bulls, sound, 55Hc pound; kip, sound, 15 to 80 pounds, 7c pound; veal, sound under 10 pounds, luc; calf, sound, under 10 pounds. 11Q120 pound; green (un salted), lc pound less; culls, lc pound less; FURS Bearskins, as to size. No. 1, $5i$ 20 each; cubs, $13 each; badger, prime. 25!?50o each; cat, wild, with head perfect, 8030c: cat. house. 520c; fox. commos, gray, large prime, 6070c each; red, $3(35 each; cross, $5Q)15 each; sliver nd black. $100300 each; fishers, $5gv3 each; lynx. $4.50ffi;8 each: mink, strictly No. 1. accord ing to size. $13 each; marten, dark north ern, according to size and color, $1015 each; pale, pine, according to size and color, $2.50(4 each; muskrat, large, 1215o each; skunk, 30 40c each: civet or pole cat, 5315c each; otter, for large, prime skins, $0($10 each; panther, with head and claws perfect. $25 each; raccoon, for prime, large. 60 75c each; wolf, mountain, with head perfect, $3,503? o each; prairie (coyote). eOcOl.00 each; wolverine, $0! each. Groceries. Nuts. Eta, RICE Imperial Japan. No. 1; 6tto; South ern Japan, 645c; head, 7Ho. COFFEE Mocha. 24028c: Java, ordinary, 17020c; Costa Rica, fancy, 18320c: good. 10 018c ordinary, 12;Ql6c per pound. Columbia roast, cases. 100s, $14.50; 60s, $14.75; Ar buckle. $18.50; Lion, $15.78. SALMON Columbia River. 1-pound tails. $2 per dozen; 2-pound tails. $2.93: 1-pound fiats, $2.10; Alaska, pink, 1-pound tails, 95c; red 1-pound talis, $1.65; sockeyes, 1 pound talis, $1.90. SUGAR Granulated, $5.85; extra C $3 15; golden C. $3.05; fruit sugar, $5.85; berry, $5.45; star, $5.45; beet sugar, $5.45. Advance sales over sack basis as follows: Barrels, 10c; H barrels, 25c; boxes, 50c per 100 pounds. Terms: On remittances within 15 days deduct 4c per pound; If later than 15 days . and within 30 days, deduct He; maple sugar, 13 18c per pound. NUTS Walnuts, 15H20c per pound by sack; Brazil nuts, 19c; filberts, 16c pecans. Jumbos. 20c; almonds, 19200; chestnuts, Ohio. 17c: Italian. 14. 15c; peanuts, raw, e-djs-ic per pound; roasted, 10c; pine nuts. 1012e, hickory nuts. 10c; cocoanuts, 85r3!90c per dozen. SALT Granulated. $19.00 per ton: $2.23 per bale; half ground, 100s, $13.50 per ton; 50s. $14.00 Per ton. BEANS Small white. 4c; large white. 4 Vic; pink, 4.20c; bayou. 4o; Lima, 8 He; Mexican red. 4c. HONEY Bancy, $3.253.B0 per box. xVovlslons and Canned Meats. BACON Fancy breakfast, 22o pound; stundard breakfast, la'ic; choice. 18Vc; English. 11 to 14 pounds, j lotto; peaoh. 15,tc HAMS 10 to 11 pounds. JBHo pound; 14 to 18 pounds, 16e; IS to 20 pounds, 15o; picnics, lOc; -cottage. ISc; shoulders, 12'fc; holled. 25c. SAUSAOE Bologna, long. 8c; links, 7V4o BARRELED GOODS Pork, barrels. $20; half-barrels, $11; beef, barrels. $10; haif barrels, $5.50. DRY SALT CURED Regular short clears dry salt. 12c; smoked. 13c; clear backs, dry salt. 12c: smoked. 13c: clear bellies, 14 to 17 pounds average, dry salt. none; smoked, none; Oregon exports, dry salt, 13c; smoked, 14c. LARD Kettle rendered: Tierces. 12Ho; tubs. 12c: 60s. 12-Kc; 20s. 12c; 10s, lSHc; 6.1, 18Hc: 3s, 13Hc. Standard pure: T'.orces. 11c; tubs, lH4c: 60s, HHc: 20a lllle; 10s, 1114c; 5s. 11 tic Compound: Tlorces, 9c: tubs. 914c; 60s. 9Koi 20a. 9o; 10s. 934c: 6s. 9o. Metal Markets. NEW YORK. Oct. 80. Recent gains in the London tin market were followed by renewed weakness today with spot closing at 145 and futures at 148. 6s. Locally the market was weak and lower In sympathy with quotations ranging from 31.75c to 32.25c. Copper also was lower In London with spot and futures both closing at 62 6s. Locally the market was firm and higher, however, with lake quoted at 14c and 14.13c. Elec trolytic at 13.7514.15o and casting at 18-g14c. Lead was unchanged at 18 In London and at 4.5564.75c locally. Spelter advanced to 21 17s 6d In the Lon don market, but was lower at 5.355.45c locally. Iron was lower In the English market. Lo cally the market was quiet and unchanged. CoflTe-s and Sugar. NEW YORK. Oct. 30. Coffee futures closed quiet, net unchanged to five points higher. December, 6.S5c: February, 5.70c; March, K.80C! MV KBKWn. Tuna K Q.ln Tnlv 5.95c; September, 8.00c. Spot coffee quiet. No. 7 Rio. 6Vlc; No. 4 Santos. 80: mild coffee ateaay; uoraova. Vl2c. Sugar Raw. steadv fair reflnlnir. S 40 centrifugal, 96 test, 3.90c; molasses sugaf. o.w--. rvfi-neu, quiei. urusned, o.tvc; pow dered, 6.10c; granulated. 5.00c. Dried Fruit at New York. NEW YORK. Oct. 30. The market for evaporated apple Is further unsettled and easy In tone with fancy quoted at 10c; choice. 9tc; prime, 9914o and common to fair. SSSinc Prunes are unchanged. Apricots and ptaches are not active but there is a quiet demand particularly for peaches and prices rule steady at recent quotations. Raisins are unchanged. BUOYANT 111 TONE Strong Rally in the New York Stock Market, BANK SITUATION BETTER Union Pacific a Iieader in the Ad vancing: Movement Money aMr ket Relieved Rise in the Price of Copper. NEW YORK, Oct. 80. After going through some further painful liquidation, tb atrw-v market became aulte buoyant in tone at a recovery and there was a notable accession of confidence that the worst of the troubles were safely passed. Not that eyes were shut to the fact that consequences remain to be met from the deep upheaval that has occurred In the country's financial fabric. While facing this fact, the con viction is gaining force that the measure of the present trouble can now be definitely discerned. There i less apprehension of the extent to which depression will go m the general business of the country. The outlook in the banking situation Is considered to be distinctly Improved, con ditions in New York itself have made wide recovery towards the normal and increasing hopes are felt of reducing the period m which the use of extraordinary measures must be prolonged. One event on which this condition must wait is the arrival ot the gold which has been engaged for im port and which Is not available for bank ing reserves while In transit at sea. The readjustment ot the loan accounts of the banks proceeds, and this was the factor that caused this severe depression of the early part of the day in the stock market. It was the supposition that the accounts wnicn were being closed out were responding to advice from the banks, which were strength ening their position in many cases wherv tolerance had been shown In carrying ac counts through the demoralized time In the stock market, it Is the estimation of the uanks that some borrowers of this class have come to rely unduly on a paternallstio attitude on the part of the banks. Ths factor of relief in the money market was the paying out at J. P. Morgan & Co.'s offices In anticipation of November 1, cou pons and dividend obligations estimated to run as high, as $11,000,000. Importance was attached to the report from Paris of a plan for aid to the London money market by tne Bank of France by the purchase of long time bills from the London market. This was the method of relief afforded by Pans and London last year and Its Importance to New York at this time Is its release of Lon don resources to su-pply New York's de mands. The strong advance of the sterling exchange rate at Paris today indicated some such ODeratlon gotng on. Anotner feature of the day's news was the continued rise In the price of copper at the New York metal exchange. In spite ot a sharp reaction In the London price or tna metal. The preparation of a plan for ap portionment of Union Pacific holdings 01 securities In other companies to stocknoia ers made that stock a leader in the buoy ant rally of tho latter part of the day, prac tically all ot wnich was neia to tne strong closing. Bonds were weak. Total sales, par value. $2,980,000. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Closing Bales. High. Low. Bid. 163 82,700 62 48U 61T4 3.400 25 24-4 25 300 82 81 .82 600 S4H 233 24V4 60 165 11 600 12T4, 12 12-A 00 7 t 7S 14Vt 2.100 . 37 35 8714 500 84 83 8414 11.000 . 69W 65W, . 65 900 ' sail ' 833 8514 8,000 104 . 99 103T4 1.000 62 8H4 61 6.100 S4t4 81 34 6.000 7514 724 75H 700 .83 80S 87. 15.100 62 59 62 8.600 81 77 80 ' 75 12.200 31H 29 81 6.000 151 144 160 150 1.400 28 27 28 900 1 7H 7H 2.400 ISO 128 130 10.400 103i4 8Stt 102 . 15 200 51 BO 61 700 1714 li 17 1.700 19 18 18U "'fiOO 84ii '83" 841? 1.600 81 77 80S 600 9S 9 9 800 60 , 41 60 6,700 128 123&4 127S 200 870 869 14 400 600 18 18S 18H 69 4.200 40 87 40- 2.000 17T4 17S 17X4 1.200 S7T4 ' 87 87H 27 1.6O0 109H 104S 108 4O0 119 118S 120 6O0 0 9 9S 800 62 6014 81-4 OA 12 10T4 US 55 10 33 600 23 22 22 300 60 4S 4!S 2.600 944 9014 93 1.8O0 1514 14 14 200 804 304 28 900 78 70 71 200 110 110 110 Tin 68 49S 51 1 1.900 25 23 24X4 100 65 6.1 60S a.SOO 87S 85 8T14 .! 45 21.800 97 93 9fl 600 2S 28 2flS 200 62 . 60S 2 70 400 45 43 44 100 19 19 20 79 00 112 1074 - 111S 8.40O 73S 70 73 9dtl 67 6 67 1.400 18S 17 18 2O0 140 140 137 44,200 77S , " 7S 100 75 75 70 100 67t4 6714 67 1.600 13 IS 18-4 800 64S 54 64 6,900 14 12S 13 , 83 800 2914 28 29S 200 12S 12S 14S 200 29 2.1S 8 . 16.1O0 67U 4 TW 800 102S 102 102 . 1 nn ii4 11 i2t . 1,400 89 87 SOU l 134S . I.800 19 17 19 IOO 83 83 32 . 73.100 111 104t4 110 200 , 78 77S 78 100 78 .' 78 78 8V) 89 88 88 BOO 17 1S 1S . 1.000 85S 62 63H . 42,100 244 22 24U . 14.000 84 81 84 1314 . . 400 77'4 77 78 . 4.600 . 8 8 8 400 14 14 14 80O 200 60 49 49 60O 65 ' 644 63 200 6 6S 81 13 : 2 . 11 200 108 IOS14 lOStJ . 9.100 112 1071 1111; . 1,200 18 12M 12 6 74S 73 74U 400 80H SO 80ii . 1.100 fi 5S 5U 100 15 15 15 Adams' Express . . AmaL Copper .... Am. Car & Foun.. do nrefrered .... Am. Cotton OIL . . do preferred ... Am. Express . . . . Am. Hi & Lt. pf. American Ice . . . Am. Linseed OH,. do preferred . . . Am. Locomotive. do preferred . Am. Smelt. & Ref. 11.000 do preferred .... Am. Sugar Ref... . Am. Tobaoeo ctfs. Anaconda Mln. Co. Atchison do preferred . . . Atl- Coast Line. . Bait. & Ohio...... do preferred .... rook. Rap. Tran. Canadian Pacific. Central of N. J,. Chea. & Ohio..... Chi. Gt Western. Chicago & N. W. . C M. . & 6t. P... Chi. Ter. & Trait, C. C. C. & St. L. Colo. Fuel & Iron Colo. & Southern . do 1st prererrea. do 2d preferred.. Consolidated Oss.. Corn Products ... do preferred .... Del. & Hudson . . . Del., Lack. & Wes. D. & R. Grande.. do preferred Distillers' SecurL. Erie do let preferred, do 2d preferred. . General Electric. . . Illinois Central .. Int. Paper ....... do preferred .... Int. Pump ....... do preferred . . Iowa Central do preferred .... K. C. Southern-. . . do preferred Louis. & Nssh.... Mexican Central... Minn. & St. L M..St.P. ft S 3. M. do preferred .... Missouri Paclrt Mo., Kan. Texas l.flno do preferred. . 1 National Lead Mex. Nat. Ry. pf. N. Y. Central N.Y.. Ont. & Wes. Norfolk & West. . do preferred .... North American . . Pacific Msll Pennsylvania People's Gss P.. C. C. 4 St. Tfc Pressed Steel Car. Pullman Pal. Car. Readins; do 1st preferred. do 2d preferred. . Republic Steel ... do preferred Rock Island Co... do preferred' St. L.& S. F. 2 nt. St. L. Southwest.. do preferred . . . . Sotltriim Paelflo .. do preferred South-ern Rsllwav. do preferred Tenn. Coal ft Iron Texas ft Pacific. . ToL.St. L. Wes. Union pacino .. do preferred .'. TT. S. Fxpress .. V. P. Realty ... U. S. Rubber . . do preferred? . . TJ. S. Steel do preferred! . . Va-Caro. Chem. do preferred ,. Wnbash do preferred . . Western UiHw . . Wheel, ft L. Erie Wisconsin Central do- preferred ... Vnrthe-n Pncifitv . Gt. Northern pf. . Central Leather. . rty preferred ... Rioes-ShefHeld ... In. Mrtal do preferred -. . Total salfc for the day, 625,100 shares. BONDS NEW YORK. Oct. 30. Closing quotations: V. S. ref. 2s reg.l04HlN T C G 34s.. 8T do coupon. .1044 -North. Pacific 3s 6T TJ. S. 8s reg JO 1 SJ -North. Pacific 4s 94H do- coupon. .. .102H!Pcuth. Pacific 4S 72H TT. s. new 4s reg.nT ,TTnion pacific 4s 93 do coupon ... .118 iWlscon Cent 4s.. 7ft Atchison ad 4s PO 1 Japanese 4s. ... . . 76H U ft K li 4S. . . .- 3 1 Stocks at London. LONDON, Oct. 80. Consols for money. 82 1-16; do for account, 82. Anaconda .. 6.50 N. Y. Cent... 99.75 Atchison 75.7 INorrik & wes 64.00 do pref. . . 90.00 I do pref. . . . 84 00 Bait ft Ohio 81.0O lOnt. ft West.. 29.50 Can. Pacific. 151.50 (Pennsylvania. Kfl.SO Qhu. aa.M iRanA Mis. . 4.23 Chi Grt Wes 7 C. M S. P.103 De Eeers.... 17 -.50 (Reading 38.00 .00 laoutnern xvj . 10 I An rpf 44.00 D & R G 19 '.- . cth -pacific 86. 50 do pref 62 Erie 18 do 1st pf . . 31 do 2d pf.. 30 Grand Trunk 18 Til r-itT-al . I2 1.00 lUnion Pacific. 109.0O . 1 . o. iki ,Y0 I uo pi -1..... .50 tU. S. Steel... 23.00 00 1 do pref. 84.73 ioiz.i-nra.i-,ah . 9.00 1.00 T . do pref. .. 16.00 90.73 L A N 100 .27 ispanisn 25 I Mo. K. & T.. 24 Money, Exchange. Etc NEW YORK. Oct. 30. Money on call strong early, but later much easier, 45 per cent; closing and offered at 2 per cent. Prime mercantile paper nominally at 7SW 10 ser cent. Sterling exchange easier with actual busi ness In bankers' bills at $4.837204.85 for de mand and at $4.7723 4.7750 for 60-day bills. Commercial bills, nominal. Bar silver, 69 c. Mexican dollars, 46Sc. Government bonds, steady; railroad bonds, weak. LONDON, Oct. 80. Bar silver, quiet. 27 7-llid per ounce. Money, 4 4 per cent. The rale of discount In the open market for short bills Is 6S6 pr cent; for three months' bills, S9 per cent. SAN FRANCISCO. Oct. 30. Silver bars. 69 c Mexican dollars. 52c Drafts, sight, unsaleable; telegraph, do. Sterling on London, sight, $4.84. Dally Treasury Statement. WASHINGTON. Oct. 30. Today's state ment of the treasury In the general fund shows: Available cash balance $235,616,698; gold coin and bullion $8,001,100; gold certifi cates. $81,057,320. PORTLAND LIVESTOCK MARKET. Prices Current Locally on Cattle, Sheep and Hogs- Llvestock prices held steady yesterday at the previous range. Receipts wers 170 cat tle and 830 hogs. The following prices were current In ths local market yesterday: CATTLE Best steers, $3.754; medium, $3.252.50; cows, $2.652.8S; fair to me dium cows, $22.25; bulla, $1.6C2; calves, i4fff 4 so. BHEBF uooa snearea, ss.ovttfo; 4.505.2S. I iHOGS ii est, I0.20VH.W; igni vw low ers. $5 6. Eastern Livestock Prices. CHICAGO. Oct. 80. Cattle Receipts, about 10.000; market, weak. Beeves. $3.60 8.85; cows, $1. 154.90; calves, 4.3U(Bu.-(o; Texans. $8.404.55; Westerns, $35.60; tockers and feeders. $2.804.00. Hoes Receipts, about 12.000; marKet, steady; light, $5.656.20: mixed. $5.606.2C heavy. $5SO6.20; rough, $5.805.45; pigs. 4 50c6.6(i: bulk of sales. lo.oudxo.BO. Sheep Reteelpta, lu.uou; maraoi, sieaay to strong. Natives. S3.oowo.2u; western. $2.60 3.15: yearlings, $3.00 0.70; lamps. $4.255.73; Western. $4.256.75. KANSAS CITY. Oot. 80. Cattle Receipts, 5000. including 600 Southerns. Market, steady. Native steers, 4.00623; Southern steers. $2.753.80; Southern cows, $2.00f 2.80: native cows and heifers. $1.76 4. 28; stockers and feeders, $2.754.40; bulls, $2.00 3.35: calves, $2.765.60: Western steers. $3.254.40; Western cows, $2.uv8) 3.00. Hogs Receipts, 6UOO. Market, steady, buik of sales, $5.555.70; neavy, so.4soo.tw: packers, $5.5065-70; pigs and lights, $6.00 5 80. Sheep Receipts, sooo. Market, steady. Muttons. $4.705.5o; lambsi $s.oo8.oo range wethers, $4.505.6O; fed awes, $4.25 8.70. OMAHA. Oct. 80. Cattle Receipts, 2500. Market slow to steady. Nativa steers. $4,000 6.25; cows and heifers, -$2.00 8. 75 r Western steers. $2-754.50; Texas steers, $z.so3.T0 cows and heifers, $1.753.80; canners, $1.30 2.50- stockers and feeders. $2.754.60 calves, $2.75 5.60; bulls, stags, etc, $2.00 2. 30. Hoes Receipts, 2200. Market, steady. Heavy. $5.4O5.60; mixed, 5.455.80; light. $5 45 5. 65; pigs, $4.75(20.40; bum or sales, 85.40 0 5.60. heep Receipts, lo.ow. uarsn siow w weak: wethers, $4.604.9O; ewes, I4.UUKS 4.50; lambs. $3.50 5.60. QtOTATIONa AT SAX FRANCISCO. Prices Paid for Produce In the Bay City Markets. BAN FRANCISCO, Oot. 80. Ths follow ing prices were quoted in ths produce mark ka is today: Vegetables Cucumbers, 90c$1.10; garlic 6 7c; string beans, lttQffsc; lomaioes, qv rk-- okra. 4Offl60c: egg plant, bosoo. Poultry Turkey gobblers, 2224c; turkey hens, 1821C; roosters, oio, 243.ov; roosi- ra. vounfir. XD(ai: Drouure. diiuui, vottp broilers, large. $44.50; fryers, $4.305; hens, $4 7.60; ducks, old, $4 3; young, $0 7. Ttntter Fancv creamery. 28c: creamery seconds, 25c; fancy dairy, 27c; dairy sec onds, 25c: pickled, 2T(6MOC. , Kggs Store, 2327c; fancy ranch, 3So; Eastern, 22 24c. Cheese New. lBt4(Bi70! xoung Amer ica. leinlTo: Eastern, 18c Wool Spring. Humboldt and Mendocino, 4425c; Nevada, 1518c; South Plains and s. J., 1316c; lambs, 818o. iops uia, aitpoQi new, 1 iuc. Millstuffs Bran, $25 26; middlings, 29.60S2. Hay Wheat, $1722; wheat and oats, $131S; alfalfa, $1118.60; stock, $8a9.i0; straw, per bale, 45 85c Potatoes Early Rose, 90c$110; river Burbanks. 85c $ 1.10; Salinas Burbanks, $1.50165; sweets, $1.25 1.50. Onions $2.25 2.35. , ' Fruits Apples, choice, $1.50; common, 60c: bananas, $12; Mexican limes, $3.00 6.00: California lemons, choice. $5; common, $1.25; oranges, navels, $3.50 34.00; pine apples. $2 3. . . Receipts Flour, ' 9828 quarter sacks; wheat, 2285 centals; barley. 74SO centals; oats. 1390 centals; beans, 620 sacks; corn, 20 centals; potatoes, 1070 sacks; bran, 820 sacks; middlings, 450 sacks; hay, 240 tonsi wool, S3 bales; hides, 827. Eastern Mining Stocks. BOSTON, Oct. 80. Closing quotations: AHouez $22.50 Parrot 11.00 Amalgamated 61..62S Quincy $78.00 Atlantic .... 10.00 iShannon 10.23 Bingham ... 6.23 (Tamarack ...105.00 Cal & Hecla. 600.00 (Trinity 11.75 Centennial .. 21.00 lUnlted Cop... T.23 . Cop Range.. 53.73 U. S. Mining 28.SO Daly West... 10.00 U. S. Oil 8.00 Franklin 7.12Utah 83.0O Granby 75.00 jVlctorla 4.125 Isle Royale.. 15.37SI Winona 3 23 Mass Mining. 3.00 .Wolverine . . .105.00 Michigan ... 8.50 North Butte.. 41. Oo Mohawk 45.12)Butte Coal.... 15.00 Mont. C & C. 1.37Nevada 7.00 Old Dominion 23.00 ICal ft Aris. . .102.00 Osceola . ... 80.00 (Ariz Oom. . . . 11.60 NEW YORK, Oct. 80. -Closing quotations: Adams Con.,.. 5 Alice 400 Breece 17 Brunswick Con. 30 Comstock Tun.. 22 C. C. ft Va 53 Horn Silver. .. .175 Iron Sliver 100 Leadvllle Con.. 7 I Little Chief 6 t Ontario . . .- 150 lOphlr 112 IPotosi 15 ISavage 44 I Sierra Nevada.. 41 iSmall Hopes.... 18 Standard 135 Dairy Produce In the East. CHICAGO, Oct. SO. On the Produos Ex change today the butter market was easy. Creameries. 2225Sc; dairies. 2023c Eggs Steady; at mark cases Included, 17S 20So; firsts, 22c; prime firsts, 24c. Cheese Steady, 14S15c. New Fork Cotton Market. NEIW YORK. Oct. 30. Cotton futures closed flrm. October, 10.07c; November, 10.18c; De cember, 10.44c; January, 10.11c; February, 10.15c; March. 10.14c; April. . 10.18c; May. 10.25c; June, 10.24c; July, 10.25c; August, 10.18c . Changes In Available Supplies. NEW YORK, Oct. 30. Special cable and telegraphic communications reported by Brad streets show a world's visible decrease of 1,463,000 bushels of wheat. Corn In United States and Canada decreased 911,000. Oats In the United' States and Canada increased 640,000 bushels. Wool at St. Louis. ST. LOUIS, Oct. 80. Wool steady medium grades combing and clothing, 23S25c; light fine, 2222i4c; heavy fine, 1718c; tub washed, 2SJt36o. A Scotch laboring man who had married a rich widow exceptional for her plainness was accosted by his employer. "Well, Thomas," he said. "I hear you are married. What sort of a wife have you got?" "Weel, sir." was the response, "she's the Lord's handiwork, but I canna say shea his mas terpiece. "Harper's weekly. . WHEAT FIRM: AGklN Strong Foreign Demand Is the Cause of Higher Prices. CLOSES AT THE TOP Three-Cent Advance in the Decem ber Option at Chicago Heavy Buying for Exports-Bulge in Oats Pit. r-air a nn Oct. 80. The wheat market opened extremely weak because of a 2-pence decline at Liverpool. nuni w "'"' contracts were especially anxious to sell out, fearing trouble in financing their deal m .v.. nt Hnllverf. At the end of the first hour the market grew firm on buying by shorts and commission houses. The de mand was based upon renewed activity among exporters, who, lt was claimed, had bought nearly 600.000 bushels of wheat In the local market. A decrease of 1,500,000 bushels in the worms visioie suppu, a shown by Bradstreets, a moderate rally in the stock market, slid a 4-cent advance in oats were additional bullish Influences. As a result of the Improved demand, December deliveries advanced 8 cents from the low point of the day. Sentiment continued bull ish for the remainder of the session The market closing firm. December opened 10 lower at 94 o y, c, auvoucou iu 97?lo and closed Tc nigner. at nine. w sold between $1.02Sl.O5S. and closed at the highest. The corn market opened weak in sympathy with wheat. Later lt became firm and prices advanced, on covering by shorts. IS 2Ko from the low point of the day. The market closed firm. December opened S lo lower, at 58S56Sc, sold be tween 65 and 67hic and closed at 66fr57c. Heavy purchases of oats by local bulls caused an advance of 4Hc from the low point of the day. The market was weak at the orenlng because of renewed liquidation by small holders. The market closed strong. December ' opened ltto and closed l.c higher, at 48c Provisions were firm all day. The higher prices for grain and heavy shipments of meat and lard were the strengthening, fac tors. At the close. January pork was up 7Sc, at $14.78; lard was up 5c, at $8.50, and ribs were 5c higher, at $7.62S. The leading futures ranged as follows: WHEAT. Open. ...$ .94 ... 1.02S ... .6714 High. 97 1.05S .99 Low. .94 S 1.02S .90S Close. .97S 1.05S .98 .67 .68 -68S December May . July -. . CORN. December ... May July Ieoember .... May . . . ... . July ...-.. .65S -67H .67 .67S .69S .68X .65 .6794 .67 OATS. , .44 .48 S .4SS -51 , .46 .47 S MESS PORK. 48 .61 S -47li .47 -4S January .... 14.50 14.85 14.47S May 14.80 15.00 14.80 14.57S 14.92 S LARD. . November ... 8.45 8.50 '8.65 8.50 January .... 8.40 8.56 8.40 8.62S SHORT RIBS. January T.57S T.70 7.67S T5 May 7.80 7.92S 7.80 7.90 Cadh quotations were as follows: Flour- Steady. Wheat No. 2, Spring, 93$1.02; No. 3, red. ei94o. Corn No. 2, 07C8tto; No. 2, yellow, 88S 59c Oats No. 3, 47o; No. 1, Northwestern, $1-17S- Timothy Prime seed, $4.70. Clover Contract grades, $5.79. Short Ribs Side (loose), $7.37S8-3TH. Mess PoTk Per bbl $13.87S1 00. Lard Per 108 lbs., $8.3214. Sides Short clear (boxed), $7.758.28. Whisky Basis of high wines, $1.35. . . Receipts. Shipments. Flour, bbls. . Wheat, bu. . Corn, bu.... Oats, bu.... Rye, bu Barley, bu, . .. 40,900 28, 200 80,000 471,100 378.000 12,000 81,800 133,000 856.400 661.900 26,000 133,100 Grain and Produce at New York. NEW YORK, Oct. 30. Flour Receipts 21, 100. - Exports 9,100. Dull but steady. Spot steady; No. 2, $1.07S: elevators. No. 2, $1.09S f- O' b. afloat. An early break of Wheat Receipts 170,100. Exports 231.900. 194c in wheat, due to lower cables and a weak stock market, was succeeded by notable strength. The close was SSo higher than last night. December, $1.089s1.10S. closed $1.10; May, $1.101.12. closed $1.12. Hops Steady. Hideo Dull. Petroleum and Wool Firm. Grain at San Fsandsco. BAN FRANCISCO, Oct 80. Wheat, firm; barley, easier. . . Spot quotations: Wheat Shipping, $1.65 1.70; milling, (1.73 91.80. Barley Feed. $1.57S & 1.62S. Oats Red, $1.65 02.00; white, $1.T2S 1.82S; black, $2.75 2.00. Call-board sales: Wheat December, $1.75. Barley December, $1.61; May, $1.66. Corn Large, yellow, $1.701.73. Wheat at Liverpool. LIVERPOOL, Oct. 80. Wheat Spot, dull; No. 2 red Western Winter, 8s 3d; futures, steady; December, 8s 4iid; March, 8s 5d; May. 8s Corn 6-pot. quiet; prime mixed Ameri cans. 5s 9Sd; futures, steady; December, 5s 8d; January, 5s 5Sd- Engllsh country markets, some ' higher, some lower; French country markets, easy. v Wheat at Tacoma. TACOMA, Wash., Oct. 80. Wheat, in active, but prices steady. Bluestem, 90c; club. 88c; red, 86c. CALLS RIVERS CONGRESS Executive Committee Summons Del egates to Washington. CINCINNATI, O., Oct. 80. The Na tional Rivers and Harbors Congress has Issued a call to Its memb rs and supporters, as well as an Invitation to all friends oi river and harbor Im provements, to assemble ' in convention in Washington, D. C, December 4, 6, 6 next. This is In accordance with the convention assembled at Washington last year when the board of directors was authorized to call the next con vention at such a time and place as deemed advisable. The National Rivers and Harbors Congress was formed and is laboring for the purpose of uniting all rections and Interests of the common country in the cause of waterway improve ments. Significant facts during the last year have evidenced that this labor has been effective. The President, for the first time in the history of the country, as, by of ficial action, recognized the Importance of such Improvements to the commer cial welfare of the Nation by appoint ing a Waterway Commission to inves tigate and report feasible plans for the improvement and maintenance of our waterways, and Congrers at its last session passed - the largest river and harbor bill in the history of such en actments. . . No special project for river and har bor 1 iprovement will be advocated or considered by this National Convention. It will stand for a broad and liberal policy by the National Government for all such improvements as have been favorably passed upon by the Board of TJ. S. Engineers, and by it recom mended to the Congress of the United States. - This convention will demand of the man -American Bank PEOPLE'S BANK AND INDEPENDENT DEPOSITORY FOR SAVINGS OR COMMERCIAL ACCOUNTS CORNER SIXTH AND ALDER STS., PORTLAND, OR. Absolute New Management and Complete Reorganization, Modest Furnishings, Low Expense, Careful Bankers. Authorized Capital $500,000.00 LOUIS J. WILDE, President. JAMES O'BRIEN, Vice-Pres't S. A. . REED, Cashier. WM. BURG, Ass't Cashier. Among Directors and Stockholders: U. S. GRANT, Jr., Capitalist, President Omaha Independent Tele phone Company, PERRY W. WEIDNER, President National Securities Co., and Vice-President Csntral Trust Company, Los Angeles. WM. H. ALLEN, Jr., President Title Insurance & Trust Company, Los Angeles, CaL LOUIS J. WILDE, Pres. American National Bank, San Diego, CaL v M. P. SNYDER, ex-Mayor Los Angeles, President California Sav ings Bank. , F. F. GRAVES, Capitalist, President Union Construction Com pany, Los Angeles. JAMES 0 'BRIEN, formerly County Auditor, St. Paul, Minn. S. A. REED, Cashier First National Bank, Escondido. WM. BURG, formerly. Cashier and Director Brown Co. Bank, New Ulm, Minn. Let Us Understand Each Other in the Beginning NOTICE This bank will not promote, underwrite or entertain any speculative proposition, nor will it bid or make excessive loans to get business. It will not permit overdrafts or make any loans whatever without approved indorsement, ample collateral or real estate security, acceptable to the finance committee. When local directors have been selected, this bank will insist upon their attend ance and will pay a reasonable compensation for their guidance. The management will insist upon having directors who direct. No officer or director can, under any circumstances, borrow money without proper collateral; in that case they are able to borrow elsewhere. Under no circumstances will any person or corporation be favored "for old time's sake." Do not ask us to do something not consistent with sound banking, for WE WTLL NOT. A plain, open understanding NOW will save much embarrassment later on. This is an independent bank for the systematic savings and the steady commercial accounts of industrious people. There is no red ink about the premises. GERMAN-AMERICAN BANK, L. J. WILDE, President. N. B.: Minnciota and California Headquarters. Invest Your Money In Good 6 First Mortgage BONDS Safe as Governments. Certified Checks on Portland Banks Taken in Exchange. FRANK ROBERTSON Failing Building, . Third and Washington Streets. Congress of the United States that a more liberal proportion of the revenue of the Government (heretofore about three per cent) derived from commerce, be expended in its interest in improv ing the natural channels of trade and transportation. The improvement of the waterways of the Nation, which this convention will discuss and advocate, means in creased transportation facilities. It is considered important by those at the head of the movement that all interests, mercantile, manufacturing, mining, agricultural, state and munici pal, should show their desire for, and concern In, the Improving of the rivers and harbors of the country and in no more' effectual way can this be done than through this National convention, held at the Nation's capital, in the presence of the Nation' lawmakers. Finds -First Husband Again. SAN FRANCISCO, Oct. 80. Thirty-two years ago Walter English and his wife were separated, he going to Arizona and she remaining in this city. She believed him dead, married again and recently buried her second husband. Then a fortune-teller told her her first husband lived. She began a search for him which ended today at the Oakland Mole, when she stepped off a train from Portland and met him. English and his wife have been reconciled and Intend to reside in this city. The wife's successful search for him was carried on by means of letters, and lt was in response to a letter from him that she came here from Oregon to meet him. -. A BpantBh college has a chair of automo- blllnfr. WE WANT YOUR POULTRY EGGS and VEAL and KOGS Highest CASH PRICES Paid Prompt Returns Write Us SOUTHERN OREGON COMMISSION CO. 87 Front St., Portland. W. H. McCorquodale, Manager. TRAVELERS' GUIDE. THE ORIENT MADEIRA. SPAIN AND Tile Ht-OlTtBRANtAK GRAN D CRUISE T THE HAOSiriCEKT PAMCNSIB 8. S. M O L T K E LlATIHG NSW T ft K JANUARY 29 OOBATIOR 7 DATS OOST 100 OFWAaft ALSO citrrrfcES AND SBRri- TO Tna WEST INDIES, JAMAICA. MED- IIKKRANKAN A ADRIATIC. ITALY. EGYPT, SILK SEK VICE BERMUDA 4t NASSAU. Hamburg-American Line 1 ST raadwa. Haw Yard Hob Market St., ban l-'rancfsco, lad., or any Istcal aeenta. TRAVELEBS GUIDE. THE WAY TO GO EAST NEXT TRIP TRY THE ORIEJTTAXf LIMITED THE GREAT NOR THERN'S SWELL TRAIN. Daily to St. Paul, Minneapolis, Duluth, St. Louis, Chicago and all points East. Crosses both mountain ranges by day light Complete modern equipment, including Compartment Observation cars and elegant dining car service. For tickets and sleeping car reserva tions, call or address H. DICKSON, C. P. A T. A-, 122 Third Street, Portland, Ore. Phones Main 680. Home A 128. Str. Breakwater FOR COOS BAY Leaves PORTLAND, Wedneciays at 8:00 P. AL, from Oak -a tree Dock, for EMPIRE, NORTH BEND AND MARSHFIELD Freight Received Till A P. M. en Day of Sailing. . FARE From Portland, 1st - rlaaa, $10.00 Sd-ciass, 9T.00, Including berth and meala. Inquire City Ticket Office, Third and Washington sts or Oak-street Dook, San Francisco S Portland S. S. Co. From Alnsworth Dock. Portland, 4 P. M.: S. "Panama," Tov. 1, 13, 25, etc. BS. "Costa Rica," Nov. T, 1, Dec. 1, ate. From Spear Street Wharf, San Franoiaoo, 11 A. M. : PS. "Costa Rica." Nov. 2. 14. 28, ate. SS. "Panama," Nov. 8. 20, Dec 2, ate. JAS H. DEWBON, Agent. Phone Main 208. 248 Washlneton St. North Pacific S. S. Co's. Steamship Roanoke and Geo. W. Elder Sail tor Eureka, San Francisco and Los Angeles direct every Thursday St., near Alder. Both phones, M. 1314. H. Young, Agent. WILLAMETTE RIVER ROUTE Steamers Pomona and Orea-ona for Salem and way landings leave Taylor-street leek :4S A. M. dally (except Sunday). Oregon City Transportation Company Fkona Mala 40. A 241, A