Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 22, 1910)
TIIE 3IORNIXG OREGOXIAN, SATURDAY, JANUARY 22, 1910. 17 BE UP Signs of Improvement in the Hop Market. SALE .MADE AT 22 CENTS Offers of 2 2 1-2 Cents on Three Large Crops Are Reported De mand for Contracts in Cali fornia Wheat Is Firmer. .After wavering uncertainly - for several day. -wlrTi im equal chance of going down or up, the hop market has again showed evidence of scendlng. The Impression pre vails rhat buyers have had their limit raised, for in no other way could business proceed In th present temper of holders. The demand from both foreign and do mestic sources appears strong. , It was an nounced yesterday that E. C. Henren had sold 300 bales to John Carmichael at 22 cents, included In the sale being1 the Fierce Rijrgs crop of 92 bales. Otters of 23 cents were reported to have been made for the Gilbert & Patterson crop of .211 bales and the Tom Holman crop of 475 bales, both at Salem, also the Perclval crop of 200 ba4es at Independence. A California letter reported 16 cents of fered for one-year contracts and 16 and two 14s for three-year contracts In Sonoma, where 15 cents was offered for one-year Sacramento contracts. English hop trade circulars bearing dates erf January 3 to 5 eay In part: Wild, Keame & Co., London Our market in Quiet under the Influence of the pendj lng elections. Values are unaltered. Manger & Heniey, London Trade dur ing the past week has been quiet in conse quence of the holidays. Values remain firm all round. W. H. & H. Le May, London The mar ket has opened with a quiet consump tive demand and It Is . not expected that there will e any Important movement un til after th elections are over. In the meantime the stocks of consumers are being absorbed, and stocks held by merchants and growers are exceedingly llmrbed. Worcester Very few hops of any sort on offer. The tone is .firm, and there is some demand for good new and yearling hops, and an occasional Inquiry for older dates. Nine thousand eight hundred and sixty seven pockets new hops have been weighed up .to Christmas, compared with 18,214 pockets In 1908, IS. 115 in 1907. and 11.458 in 1806 to same date. BETTER FEELIXO IX WHEAT TRADE. Prices Are No Higher, but Improvement Is Looked For. A little wheat buying was reported In the country yesterday, but farmers were hold ing very firm. In this city, practically noth ing was ldone and Seattle advices said the market there was also quiet. The prices fixed by Thursday's sales were again quoted yesterday, but in view of the improvement in the East and abroad, the undertone of the market was more cheerful. Should the advance in . the. foreign markets be sus tained, prices on the Coast may again work up to the former level. Weekly foreign wheat shipments were -reported by the Merchants Exchange as fol lows: Thiswk. Last wk. Last vr. Argentina .... S04.U00 256.0(10 2,704 000 Australia 2.720.000 8,200.000 2.896 000 India 568,000 Local receipts in cars were reportedly the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday ....... 72 4 4 4 12 Tuesday 28 $ 4 f 2 Wednesday .... 9 ..1 5 8 Thursday ..... 35 1 "9 4 7 Friday . . 5 1 15 4 17 Year ago 33 . . 10 7 -i Season to date. 7.141 lllg 1219 956 j7-t ear ago 8868 1S25 674 590 1797 FANCY APPLKS ARE IX DEMAND. Street Is Overstocked With Hothouse Let tuce Cabbage Very Hrm. The demand for apples, particularly fancy frultstand varieties. Is the feature of th fruit market, oranges having taken second place in the Interest of buyers, who are only inquiring now for fancy fruit. Two cars of bananas are due Monday. They were re ported green from Los Angles. " The street Is overstocked with hothouse lettuce, which is offered as low as 31, with hardly any demand. Nearby points are shipping letture freely and even Seattle Job bers are trying to find a market for their surplus hens. Cabbage is very firm on ac count of the continued advance in California. A car of sweet potatoes arrived yesterday and they are in good demand. A car of cauliflower Is due today and a car of mixed vegetables will be In Monday. CREAMERIES QUOTE BUTTER FIRM. Seattle Demand Takes Care of the) Eg- Sur plus. City creameries quote the butter market firm with the supply of best butter under present requirements. choose is also firm with the demand exceeding the supply. The egg market was steady. Receipts were of the average size for the season, but there was some demand from the North which took care of -he surplus. But f.- these shipments prices probably could nit have been maintained, as the local demand was very slow. Most of the retailers are now getting most of their eggs direct from tha country. - The poultry market continued dull and weak in spite of light receipts. Bank Clearings. Bank ck-arlngs of the Northwestern cities yesterday were as follows: t,,i.,.. Clearings. Balance. Z"T ?nd 11,404.773 S-90.858 Zrul 2.1.15,488 583 848 Jacoma 9S5.271 91 901 faokane 726,705 108;270 tORILAXD MARKETS, Grain, Flour. Feed. Ete. ni,WHTTracJc nrlces: Bluestem. 1.1S: club. 1.0(.; red Kusslan. Jl 04- Vallev 40-f,ld. 31.10. ' valley, per,1oV'EY Fd a"d brewln- 28.6029 FLOUR Patents. 16 35 per barrel tralRhts. 35.70; expert. 4.60- Vallev -i So- lL 1 Ll h H Bran, $26 per ton- mMdllnjm. 34: wu, rolled Wley? OATS Xo. 1 white. 331.5032. H'v Track prices: Tlmothv Tc-ut- e,,e ,',il8,r- P" tonEa-stero: gon. ;l!&2:: alfalfa, 317(318; clove? lis grain hay, . 316 g 1 7. ' tiover- 1. Dairy and Country Produce. - Pl'TTEH City creamery extras. fancy outside creamery. 4fiso ner lb"-' store. .ij,2fto (Butter fat price, averag, H, c per iund under regular butter orlr.ii 1'Ol'LTRT Hens. 13iu-16,c; Spring ,15 it (fringe: diKks. 2nti,22f: geese. 12i3C'- tur. keys.- live, '.roe: dressed. 35c. ""-. mr Eti -"Fresh Oregon extras, Kl 32 u per dnwn; Kantern. 23i 27o per dozen CHEESE Full cream twins, 1R"Alao per round; young Americans. 19H20c. PORK Fancy. 11 9111,0 per pound VEAL Extras. 1212'ic per pound. . Vegetables and Fruits. FRESH FRUITS Apples. II 3 box rears. fltfl.50 per box: Spanish Malaga. I. V.Su.qC per" barrel; cranberries, $8 9 per barrel. POTATOES Carload buying prloes: Ore UMTS MAY gon, 7090c per sack; sweet potatoes, 2 Vic per pound TROPICAL FRUITS Oranges, $2jr2."75; lemons, fane-, $5.25; choice, $4.50; grape fruit l-bdlit 4 per box: bananas. E5io per pound; Japanese oranges. $1.65 per bun dle; tangerines. 31.75 per box. VEGETABLES Artichokes. $11.25 per dozen; cabbage, $3'a2.25 per hundred; cauli flower, 31.75 per dos. ; celery, $33.50 por crate; eggplant, (1.75; hothouse lettuce, $1 61.25 box; peas. lOo lb.; garlic, 12 Vic lb.; horseradish, 9 iff 10c per pound; pumpkins, lifilVic; radishes. 25c per dos.; sprouts. 7ft 8c per lb.; squash, 2c; tomatoes, $1.50 6t2.25 per box. SACK VEGETABLES Turnips. $1.50 per sack; carrots, $1.25; beets, $1.50; parsnips, 31.50.. OXIOXS Oregon, $1.50 per sack. Groceries, Dried Fruits, Etc. DRIED FRUIT Appisn, 10c per pound; peaches, 7c; prunes, Italians, 4fr5c; vrunei, French. 4 5c; currants. 10c; apri cots. 1 2 Vi " : dates, 7c per pound. SALMON Columbia River, 1-pound tails. $2 per dozen; 2-pound talis, $2.'J5; 1-pound .lata. S.2.1IH; Alaska pink, l-pound tails, oc: red. 1-pound tails. 31.43; sockeyes, 1 pound tails, $2. COFFEE Mocha, 24?r2Sc: Java, ordinary. 17 20c; Costa Rica, fancy lS(g'20c: good, 16lSc; ordinary, 12 016c por pound. NUTS Walnuts, 15c per pound; - Brazil nuts, 12Vs$15c; filberts, 15c; almonds, 16ai7c: pecans, 15(?il6c; cocoanuts, 90C&S1 per dozen. BEANS Small white. Bc; large white. 4 He- Lima, ic; bayou, 6iic; pink, 4iic; rea Mexican. Vc SUGAR Dry granulated, fruit and berry, $tt.5; beet. S.8; extra C, S5.55; golden C. 3.J.45; cubes (barrel). 3a.4; powdered (barrel). $H30. Terms on remittances within 16 days, deduct Uc per pound, if later than 13 days and within 80 days, de duct He per pound. Mapla sugar, lOffllbo per pound. SALT Granulated, 314.50 per ton, $1.90 per bale; half ground, loos, 310 per ton; 60a. SlO.fiO per ton. HONEY Choice. $3.25ig3.50 per case; strained, 7c per pound. ProvlHlonm. BACON Fancy, 27c per pound; standard. X2c; choice, 21c; English, 20i2H4c. DRY SALT CURED Regular short clears, dry salt, 154c; smoked. 16jc; short clear backs, heavy dry salted, lotto; smoked. "He; Oregon exports, dry salted. lo; smoked. 17c. HAMS 10 to 13 pounds. 17Vo: 14 to 13 pounds. 17i4c; II to 20 pounds. 17 He; hams, skinned. 18c; picnics. 13 Vic; cottage rolls, loc; boiled hams, 2425o; boiled picnics. 21c LARD Kettle rendered. 10s. 17Vic; stan dard purs, 10s, 16 Vic; choice, 10s, 15 Via. Compound, 10s, 11 Vic. SMOKED BEEF Beer tongues, each, 80c; dried beef sets. lc; dried beef outsldes. 17c; dried beef lnsldes. 21c; dried beef knuckles, 20c PICKLED OOOD3 Barrels: Pigs feet, $13.60: regular tripe, $10: honeycomb tripe. $12; lunch tongues. $19.50: mess beef, ex tra, $12; mess pork, $25. Hops, Wool, Hides. Eta. HOPS 1909 crop, prime and choice, 209 22Vsc: 190Ss. 17Vic; 1907s. HVic per pound. WOOL Eastern Oregon, 16tf23o pound; olds, nominal. MOHAIR Choice. 25c pound. CASCARA BARK -4 Vfcc per pound. HIDES pry hides. 1S10 per pound; dry kip, 1818Vso pound; dry calfskin, 19 21c pound; salted hides, 10 10 Vis; salted calfskin, 15o pound; green, lc less. FURS No. 1 skins: Goatskins, 15c $1.25; badger, 28 50c: bear, $6iP20: beaver. $8.50 8.60; cat. wild. Toe 1.50; cougar, perfect head and claws. $310: fisher, dark, $7.50011; pale, 4.907; fox. cross, $35; fox, gray, 6080c; fox, red. $335; fox. silver. $35(5)100; lynx. $815; marten, dark, $812; mink. $3.o05.00; muskrat, ea otter, $100250. as to size and color; I525c; otter, $2.504: raccoon. 60 75c; skunks. B5j!80c; civet cat. 10 15c; wolf. $8Cb 3 60: coyote, 75c$1.25: wolverine, dark, $3&S; wolverine, pale. $2250. CANNOT ADVANCE EGGS ATTEMPT MADE TO LIFT PIUCE AT SEATTLE FAILS. Supply of Butter is Increased. Cheese Is Very Firm. Grain Trade Dull. SEATTLE, Wash..' Jan. 21. (Special.) All efforts to advance the price of fresh ejigw above 30 ceiita failed today. An attempt was made to make fhe trade take fresh ranch, ega at 38 cents, but too many price-cut tern wene out with lower quotations. Oregon eggs were freely offered and. make up for the natural hortae in local ehipmente. Oreijons eell as locals. Butter is in slightly increased enipply. Cheese is very firm, owing to the prospects of an early advance in Oregon. Dealers report that it s importable to et cheese at either Coos Bay or Tillamook. There was little doing- in grain here today. Prices were nominal, although' the sentiment was stronger. Oats and barley were barely steady. Oranges are weak, owing to an overaupply. 1 The week's shipments have been more than the market could readily absorb. Potatoes drag. QUOTATIONS AT SAN FRANCISCO. Prices Faid for Produce In the Bat City Market. SAN" FRANCISCO, Jan. 21. The follow ing were the quotations in the market today: Vegetables Cucumbers, $1 1.50 ; string Deans, nominal; tomatoes, $ lift 2; garlic. 4 6c; green peas. 8-g15c; eggplanC 10 20c MillstufCs Bran, 1720; middlings, $3-4 36. Butter- Fancy creamery, 360; creamery, seconds, 33c; fancy dairy. 2c. Eggs Store, 31c; fancy, 32c. Cheese New, 171S2C; Young Americas, Hay Wheat, 1519..V; wheat and oats, 913&16; alfalfa, $t(iiia; stock, 710; straw, per hale, 50 75c. Fruits Apples, choice, 75c $1 ; common, KOfS'flric; bananas, 50c $3.25; limes, $4 5.50; lemons, choice. $3 3.50; common, $1.50 2.50; oianges. navels, $1. 655 2.50; pine apples, $2(&t2.50. Wool South Plains and Ban Joaquin, 8$ 10c; 6pring Humboldt and Mendocino, 13 15c. , Hops 19ST2?c per pound. Potatoes Oregon Burbanks, $1.201.3O; Salinas Burbanks, $1.251.45; sweets. $1.50 (8)1.65. . . ; Receipts Flour. 20,730 quarter sacks; barley, 4320 centals; oat, 585 centals; pota toes, sacks 13l0; bran, sacks, 48."; middlings, TO sacks; hay, 63 tons; "wool, ""lift bales; hides, GO. Metal Markets. NEW YORK, Jan. 21. The market for standard copper on the New York Metal .Ex change was dull today, with spot and all de liveries up to the end of April closing at 13. 1 20i 3.3714c The Rngliwh market was a shade lower, closing eay at 60 7s 6d for spot and C1 5s for futures. Ical dealers quote likp copper at 13.1"fr34c elet-troly tic at 13 50 ftlo.TSc. casting at 13. 2513. 621.c. The week ly statistics as compiled by the New York Metal Exchange showed imports by steamers at Atlantic ports to have been 11,418 tons of copper, including matte and ores, so far this month. Exports for the month so far ag gregate 16,4o5 tons. Tin was weak, with spot and January quoted at 32fi32.35c. February at 32.057 32. 40c, March and ApriV at 32.lofa32.45c. A decline of about os was reported in the Ijondon market, which closed easy at 146 10s for spot and 148 for futures. - . Lead was dull, with spot quoted at 4.67. 4.72-4C New York and at 4.5utff 4.Oc Bart St. IxuiH delivery, . .London market unchanged at 13 1.3s ftd. Spelter was weak.- with spot quoted at 6.10 ffr 0.25a New York. 5.JXft.rtc Bast St. Louis de livery. No change was reported in London, spot standing at 23 5s.. Iron was unchanged at 52s Vjd for Cleveland warrants In Lonckm. T.ocal market was quiet. No. 1 foundry Northern. $18.75$ 19.25; NO. 2. lS.5of 19; No. 1 Southern and Southern soft, $18.5lWrl.25. Coffee and Sugar. NEW YORK. Jan. 21. Coffee futures closed steady, net unchanged. Sales. 10.250 bags, in cluding January at 6.76c, March at 6.75 6.85c May at fl.V0ff.95c. July at 6.95c. Sep tember at 6.90186.950. December at 6.95&7c Spot. quiPt. No. 7 Rio, 8 ll-16c; No. 4 Psntos, 9g9c. Mild, quiet. Cordova, fr It c. iugar Raw, steady. Muscovado. 96 test. 3.5ic: centrifugal. 96 test. 4.08c; mola.ssej supar, 89 te.-t. 3. 33c. Refined, steady. Crushed. 6.85c; granulated. 5.16c; powdered, 5.25c. Dried Fruit at New York. NEW YORK. Jan. 21. Evaporated apples, quiet. Spot, fancy. XO.11c; chnlce. 8c: prime." 7&-Tc; common to fair, tVft6o,' Prunes, rtrm. California, "Up to 30-40s, 2. 9c;-OregonJ. 6(i9c. Apricots, steady. Choice, 11 fffll c; extra choli-e, 11fil2e; fancy. 12!il3c. Peaches, inactive, hut steady. Choice. 7c: extra, choice. 77c; fancy. 7Sc. Raisins, steady. Ixxse Mustatel. 4"55a;c; choice to fancy seeded. 51T6c:' seedless, 3 4c; Iondon layers. $1.151.25. Wool M St. Louis. T. LOUIS. Jan. 21. Wool, unchanged. Territory and Western mediums, 2d2So; fine mediums, 20$u24c; fine, 12&21C. ON A BETTER BASIS Stock Market in Good Shape to Advance. " LIST IS GENERALLY HIGHER Vigorous Rise in Steel a Sustaining Influence on the Whole Mar ket Money Situation Improves. NEW YORK. Jan. 21. The etock nvsrtcet g-ave further evidence today f the good effect of the purging and rectifying procem, to Which It lias been subjected this week. A good absorptive demand was shown at all levels during the day. At the outset there was some remaining trace of nervousness over the possibility of after eftecte from the Hocking Coal collapse and the embarrassments which It brought. This feeling was responsible for the. morning dip In prices, ' which carried a few impor tant stocks below last night's closing level, especially Amalgamated Copper. There waa some selling also of the Harrlman Pacifies cm account of the report that the Department of Justice had definitely determined to proceed with the suit to dissolve the merger between those companies. ' The eteady Improvement in the money mar ket and investment situation abroad was a helpful Influence on the New York stock mar ket. Buying to cover shorts by the bears was an influence in the day's rise, but measures againet the shorts did not eeem to be ag gressively pursued. The rise In prices was the occasion for some rumors of coming fa vorable developments. The imminence of the United States Steel quarterly dividend meeting, which is to oc cur next Tuesday, made that stock the Bub Ject of dividend rumors also. These took the form of an intended extra disbursement on the stock, m addition to the regular 1 per cent quarterly dividend. The vigorous advance In United States Steel was a notable sus taining Influence on the whole market but no authentio Information' could be secured as to the directors' Intentions regarding the com ing dividend. Preliminary estimates of the week's cur rency movement pointed to another heavy In- iKXnoo!o?ioShKt01banllre8erve''' mthlnir near Ho.ooo.ooo having been received apparently rom all sources combined. 3.s.ouO. United States bonds were un changed on call. CLOSING STOCK QUOTATIONS. Closing .... . . Sales. High. Ixw. Bid. Allis Chalmers pf. auO 4 4Tii 4u Amal Copper 4LiJt W"4 81 Vs i4& Am Agricultural .. Too 45 45 45"ta Am Beet Sugar .. 40o 42S 42 43 Am can pf i,h 78 7s 7 Am Car & Foun. 2,io 6H 65W tstf Am Cotton Ml .... 9(K) 66 W 64U Am Hd 4 U pi.. 5j0 41 41 Si 41 & Am I;e Securt .. loo : a.-lT Am Linseed Oil 5o0 16 V loi'i 11 5 'I Am Locomotive .. S.OcpO 65 54' 64-k, Am Smelt & Kef.. 17,4M oVt iVi K6 do preferred ... l.ooo H)V ' Hwu Am Sugar K-f .. 1.90O lk-2 121 X21 Am Tel & Tel .. 2.00O 137 13i 137 Am Tobacco pf .. 3tH 83 Wi U3 Am Woolen 200 33 S 33 'a S3V4 Anaconda Jlin Co. 6,2uO 51 4H' 61 Atchison S0.50O ln uy do preferred ... aoo 104 ltS 108 AM Coast Una .. 600 131 I3v 131 Bait & Ohio 8,7uO lli 115'S 116 do preferred . . . . . 93 Bethlehem Steel .. 200 33 3l" 30t Brook Rap Tran.. 4.60O 75 73 74ii Canadian -Paci do ... l.WH lso lso 1otI Central Leather .. 4,100 43 k 43i. 4314 do preferred. .... 4IJ0 loT . 107 , 107 ii Central of N J 7o0 808 3(H S07 Ches & Ohio .30.600 eSVi !S35 bO Chicago & Alton 1,700 62V 62 62 Chicago Ot Wet.. 1.3o0 33 32 32 Chicago & NI V... l.HK) 160 159 ' 1591i C, M A 9t Paul.. 18,500 149 147 149 C, C. C & St L. .. 1O0 70 79 79 Colo Fuel & Iron.. 4.100 43 J4 44 45 Colo & Southern 2.000 59 58 58i4 do 1st preferred.' loO 81 8114 81 do 2d preferred. 200 wZ &o 80 Consolidated Qa. 16.3W) I50W 14 15oW Corn Products ... 2,000 2014 19'k 2o2 Iel & Hudoon 8tK 176H 175 176 D & R Grande ... 2,OuO 44 43 4414 do preferred ... 50O SOTb o 8C Distillers' Securi .. 2.000 34 tj 34 '4 34 Erje 2.flti0 3HA. 3jts 31 do 1st preferred. l.OOO 483 48i y'iS'i, do 2d preferred. TOO 88 jj 37 37 i. General Electric .. TOO 155 154 155 Gt Northern pf ... 35.400 135 V4 133 135'4 Gt Northern Ore .. 2. TOO 76 ' 74 76'. Illinois Central .. 900 145H 14314 144i' Interborough Met.. I8.20O 22 21 22 do preferred ... 14.6O0 58 E6ti 58 Inter Harvester .. 60O 122 122 !' Inter Marine pf.. 1.60O 21 20 21 lnt Paper 1O0 14 14' 14 Int Pump 2.O0O 52 4SU 61 Iowa Central .... 4O0 26 25 24-ii K C Southern ... 2,5o0 40 39 40 do preferred ... 5O0 70 69 Vs' 69 Txulsvllle .& Nash 2oO 148 147 148 Minn & St Louis.. 200 47 47 4o M. St P 4 ,8 S M. l.OOO 135 13'4 135 Missouri Pacific .. 8.60O 72 69 70 Mo. Kan Texas.. 6.1O0 45 43 45 do preferfcd ... loO 73 73 72 National Biscuit ; .. 114:1? National Lead ... 1.200 85 84 85 Mex Nat Ry 1st pf r-i1 N Y Central 12,300 120 118v4 119 N Y. Ont & West. 2.3O0 45 45 45-2 Norfolk & West.. 2,900 97 mH 87 North American .. 4oO 79 78 79 Northern Pacific .. 13.2O0 137 134 136 Pacific Mall 70 84 34' 84 Pennsylvania 28.2"0 134 133 134 People's Gas .... 2.8O0 112 111' 112 P, fC C & St L : 98 Pressed Steel Car. 1,800 . 46 44 46 Pullman Pal Car. 2,9oO 109 194 198 Ry Steel Spring.. 800 47 45 47 Reading 85.3 163 161 162 Republic Steel ... 6, TOO 39 3H 39 do preferred ... 4O0 102 100 102 Rock Islsnd Co.. 18,800 44 42 44 do prefsrred . . . 400 85 85 85 Si L 4 H P 2 pf. 60O 56 54 8."ii St L Southwestern 5oo 30 so 30 do preferred l.OiK) To T4 74 RloHS-Sheftield 800 83 81 82 Southern Pacific .. 38,6n0 131 129 131 Southern Railway. 1,700 31 30 31 do preferred ... 8O0 68 68 68 Tenn Copper 2"0 36 36 3li Texas & Pacific. 2.20O 33 32 3. Tol. St L & West. .TOO 50 SO 48 do preferred ... 400 68 68 66-M Union Pacific 88.800 193 191 193 do preferred . u 1.4O0 101 100 101 U S Realty go u S Rubber SOO 46 45 4K U S Steel 310.200 86 83 8R do preferred ... 3. OOO 124 1 23 123 Utah Copper . 4.5O0 v 5:1 51 A3 Va-Caro Chemical. 1.800 55 53 54 Wabash 5.400 22 22 22 do preferred 7.200 61 49 51 Wertern Md 1.400 50 50 50 Westinghouse Blec 1.10 75 73 75 Western Union .... 1,200 73 72 v; 72 Wheel & L Erie.. 1.20O 6 6 g Wisconsin Central. UW 50 50 50 Pittsburg Coal .. 6.500 23 21 23 Am Steel Fdy .. 100 64 64 63 United Dry Good.. ' 200 121 119, 119 'Laclede .Gas S.500 106 105 106 Total sales for the day. 991,300 shares. BONDS. NEW YORK. Jan. 21. Closing quotations TJ. S. ref 2s reg.lO0'N. Y. C. gen 3s 91 do coupon . . .100 Nor. Pacific Ss. 73 U. S. ,",s reg. ...101:Nor. Pacific .s. 102 '33 do coupon . . . 103 (Union Pacific 4s 101 U. S. new 4s reg.l 14 ,Wis. Central 4s 94 B do coupon .. .114 'Japanese 4s 884 D. & R. G. 4s.. 96 I ... 00 Ifekily Treasury Statement. WASHINGTON. Jan. 21. The condition of the Treasury at the beginning of business today was as follows; Trust funds Gold coin $811,674,869 Silver dollars .- 484.870.ooo Silver dollars of 1880 3,908,000 Silver certificates outstanding... 484,S7oiooo General fund Standard silver dollars in general fund f 5.942.873 Current liabilities 99.534.62a Working balance In Treasury of- flee. . . 22,385.887 In banks to credit of Treasurer of the United States 3fl.S69.R2S Subsidiary silver coin 18 5S'6,7 Minor coin : i!osi!370 Total balance In general fund.... 80,093,630 Money, Exchange, Etc. NEW YORK. Jan. 21. Monev on call, steady, 3 IB 4 per cent; ruling rate. 3 per cent; closing bid. 3 per cent; offered at 3 per cent. Time loans, easy; 60 days. 4 per cent; AO days. 4 per cent; six months. 4 per cent. Prime mercantile paper closed at 45 per cent. Sterling exchange weak, with actual busi ness In bankers' bills at J4. 8360 O 4.8375 for 60-day bills, and at 1:4.8635 for demand. Commercial bills. $4.834.83. Bar silver. 52 c. Mexican dollars. ' 44c. 1 Government bonds, steady; railroad bonds, firm. SAN FRANCISCO. Jan. 21. Sterling on London. GO days. $4.84; sterling on Lon don, sight. $4.86. Silver bars. 52 c. Mexican dollars. 45c. Drafts Sight, 7c; telegraph, 12 c. LONDON. Jan. 21. Bar- silver, steady, 24 Hd per ounce. Money. 2 per cent. The rate of discount in the open maVket for short bills Is 2 per cent. The rate of discount in the open market for three months bills is 2 p'er cent. Consols for money. 82 c. Consols for account. S2 15-16C. German Discount Rats Reduced. BERLIN, Jan. 21. The . rate of discount of the Imperial Bank of Germany was re duced from 5 to 4" per cent today. Eastern Mining Stocks. BOSTON. Jan. 21 Closing quotations:.. Adventure 8 Michigan 8 Amalgamated .. 84 iMohawk 74 Allouez SHAj Nevada 24 Amalgamated . . 84 JOld Dominion 47 Arizona Com. ... 4", Osceola 159A Atlantic '. 10:Farrot .... . 0 Butte Coalition . 26Quincy 87 Cal. & Arizona.. 84 .Shannon " 14 Cal. & Hecla 655 Tamarack ...... 62 Centennial 32 iTrinlty .. .. 9 Copper Range .. S2U. S. Mining.... 49 Daly West 9A;u. S. Oil .'. 39 Franklin 19;utah 41 Granby IOIB Victoria 4 Greene Cananea. 10 Winona 12 Isle Royale 24 'wolverine 145' Mass. Mining. .. 8jNorth Butte .... 45 5TEADY UPWARD TREND BULLISH SEXTIMEXT CONTROLS WHEAT MARKET. May Option Clomps With a Gain of Over a Cent at Chicago. CHICAGO, Jan. 21. With the exception of a slight dip shortly after the opening, bullish sentiment controlled wheat throughout. Fu ture quotations traveled over a range of from Ho to lc, with an almost steady upward trend. May advanced from $l.O0 to $1.10 and closed at the high point. 11o ihigher than yesterday's final quotations. The ot'.r futures closed at nearly the high points. An improved outside demand for cash corn tended to advance com prices. Prices ranged from to c higher. May closed c higher at 68(568c In sympathy with wheat and com. oats ad vanced in price, being from to c. higher. All the futures closed at practically the high point. May being to c higher at 4c. Provisions closed unchanged at 2 to 7c higher. The leading futures ranged as follows: WHEAT. Open. . High. Low. Close. May $1.09 $1.10 $1.09 $1.10 July 1.01 $1.01 $1.00 $1.01 Sept 97 .97 .97 .97 CORN. , , May..... .68 .68 .RS' .6S July 68 . .B8 .68 Sept .68' .68 .67 .68 OATS. May 48 .48 .48 .48 July 44 .44 .44 .44 Sept 41 .42 .41 .42 MESS PORK. Jan J1.20 21.30 ;' 21.20 21.25 May 21.62 21.85 21.57 21. 72 July 21.80 21.82 21.72 21.75 LARD. Tan'. 12.40 12.47 12.40 12.45 May 11.95 12.07 11.92 12.02 July 11,85 12.00 11.85 11.90 SHORT RIBS. Jan 12.00 12.00 11.92 11.95 May 11.50 11.60 11.47 11.57 July.. ... 11.47 11.57 11.47 11.52 Cash quotations were as follows: Flour Steady. Rye No. 2, 79c. . Barley Feed or mixing, 66 (g 66c; fair to choice malting, 69&.74c. Flax seed No. 1 Southwestern, $2.07; No. 1 Northwestern, $2.17. Timothy seed 4. (15 04.10. Clover $9.5013.75. Pork Mess, per barrel, $21.50 21.62 . Lard Per 100 pounds. $12. 45& 12.47 . Short ribs Sidos (loose). $11.50012. 12S,'Sea Short" cleir boxed), $12.12 Grain statistics: Total clearances of wheat said flour were equal to 277.000 bushels. Exports for the week, as shown by Bradstreet s. were equal to 2.O35.000 bushels. Primary receipts were 652,000 bushels, compared with 384.000 bush els the corresponding day a year ago. Esti mated receipts for tomorrow: Wheat 17 cars: corh. 198 cars; oats, 93 cars; hogs 17,000 head. ' , . , Receipts. Shipments. Flour, barrels 18,500 14 600 Wheat, bushels 18.000 37 900 Corn, bushels 200.000 24s'600 Oats, bushels, 113.400 17' 300 Rye, bushels 1,000 Barley, bushels 52,500 14,200 Grain and Produce at New York. i NEW YORK. Jan. 21. Flour Steady Re- rels- 1 """"iwLir, Dar Wheat Spot, firm. No. 2 red. $1.30 nominal elevator domestic and $1.30 nominal f. o b afloat; No. 1 Northern Duluth and No 2 hard Inter, $1.25 nominal f.- o. b. afloat. There was a firmer market In wheat on active buy ing by prominent speculators and covering by shorts on firm cables, bullish Argentine new, smaller receipts and a better cash situation At the close prices were !lc higher. May closed at $1.18. July at $1.09. Receipts, 8"0 bushels: shipments. 131,700 bushels. Hops, hides, petroleum and wool Steady. Minneapolis Grain Market. MINNEAPOLIS, Minn.. Jan. 21 Close Wheat May. $1.11 to $1.111.11; July. $1.11; cash. N 1 hard, $1.13 ca 1.14: NO. 1 Northern. $1.13 S 1.11 ; No. 3 Northern, $l.O0l.ll. Flax Closed at $2.19. Corn No. 3 yellow, 60 61 c. Oats No. 3 white. 464c. Rye No. 2, 75ff77c. European Grain Markets. LONDON. Jan. 21. Cargoes. quiet ' but steady. Walla Walla for shipment, 3d high er, at 41s. English country markets, 6d dearer French country markets, quiet. ' LIVERPOOL. Jan. 21 Wheap March, Ss 2d; May. 8s; July, 7s 10d. Weather fine. Grain at San Francisco. SAN FRANCISCO, Jan. 21. Wheat Steady. Barley Easy. Spot quotations: Wheat Shipping. $1.92 2.02 ; milling, $ l.ft 1 . Barley Feed. $1.37 1.40; brewing. $1.42 1.43. S' Oats Red. $1.55 1.62; white. $L60 1.65; black. $1502.!!O. " Callboard sales: wheat No trading- bar ley. May. $1. 40 1.40 ; December, 1.2:'B corn, large yellow, $1.75 1.80. " Grain Market of the Northwest. LEW1STON. Idaho. Jan. 21. (Special.) Grain prices unchanged. The offers at prairie polnts'are: Forty-fold, 90c; club and Turkey red. 88c: red Russian. 86c; oats, $1 3o- feed barley, $1.15. ' TACOMA. Jan. 21. Wheat Bluestem, $1 17 61.18; ciub. I1.C8; red Russian. $1.07. SEAT-TLB Jan 21. Milling quotations, bluestem, $1.14; club. $1.11; Fife 1 11- red Russian. $1.08. Export, bluestem. $1.11- 'club $1.08; Fife, $1.08; red Russian. $1.05. Car re ceipts up to noon, 1 cor wheat. ( . Dairy Produce In the East., CHICAGO, Jan. 21. Butter. steady. Creameries, 32c; dairies. 25(&30c. Eggs, steady; receipts. 2840 cases- at mark, cases included, 2430c: firsts, 34c; prime firsts, 37c. Cheese, steady. Daisies. 1717c; Twins, 1617c; Young Americas, 16S16c- Long Horns. 1616c. ' NEW YORK. Jan. 21. "Butter, weaker. Creamery, thirds to firsts. 28rw33c; cream ery, held, second to special, 28(&34c; process first to special, 27&29c. ' Cheese, Irregular, unchanged. Eggs, steady, unchanged. 1 New York Cotton Market. , NEW YORK. Jan. 21. Cotton closed firm at a net advance of 6S28 points; 24 to 25 points higher on the more active months. January. 14.26c; February. 14.20c; March 14.24c; April, 14.300; May, 14.37 c June,' 14.38c: July, 14.87c; August. 13.10c; Sep tember, 13.23c; October, $12.77; November, $12.55; December. $12.56. Spot closed quiet. 30 points higher. Mid uplands. 14.15c; mid-gulf. 14.70c Sales, 25O0 bales, - Total Cotton Ginned. MEMPHIS. Tenn.. Jan. 21. The report of the National Ginners Association, issued to day, says: Complete returns indicate there has been ginned up to January 16. 1910. 9.75O.0W bales. Hops at London. LIVERPOOL, Jan. 21. Hops In London; Pacific Coast.fhrm, f 6s 6 15c. CATTLE GOME FROM OTAH PRICES OF ALL KINDS OF LIVE STOCK ARE STEADY. Trade at the Local Yards on a Mod erate Scale, but Lively Business Promised Today. Trade was on a moderate scale at the stockyards yesterday, but receipts during the day were large and more activity is promised for today. There were no new developments in the way of prices. The tone of the market was healthy and that full prices were not real ized on the sales was due to the quality of the offerings. The receipts were 488 cattle. 25 calves, 168 sheep and 533 hogs. Of the cattle re ceived, four carloads came In from Utah. The shippers were: J. C. Iavls. of West Scio, one car of hogs and sheep; Frank Wann, of Aurora, one car of sheep; William Schneider, of Halsey, four care of cattle; O. B. Gray, of Shaniko, two cars of cat tle; Llnd & Van Apadelln. of Buhl. Idaho, one car of hogs; R. Erickson. of Hunting ton, one car .of cattle and calves; W. A. Anderson, of' Idaho Falls, three cars of hogs; F. B. Ball, of Ontario, three cars of cattle; L. Rickard. of Ontario, two cars of cattle and calves; Not Hughes, of Heppner, one car of cattle and calves; Hughe 4 Perry, of Heppner. one car of cattle; J. W. Marlott, of Heppner, two cars of cattle and calves; W. D. Turk, of Lewlston. Utah, two cars of cattle, and J. W. Kurtz, of Logan, Utah, two cars of cattle. The day's sales were as follows: Wt Price. US hogs 144 if 8. 50 39 sheep n 5.O0 39 lambs 100 6.00 22 hogs . 17 8.75 25 steers 1166 5.25 5 bulls 1250 3.50 27 steers 1150 5.0O 16 steers 1121 5.10 1 bull 1200 2.75 1 bull 1210 3.75 Prices quoted on the various classes of stock at the yards yesterday were as fol lows: CATTLE Best steers, $5 5.35: fair to good steers. 14.50 4.75 ; strictly good cows. $4.254i4.75; fair to good cows. $3.504: light calves. $5 5.50; heavy calves, $44.50; bulls. $2.503.75; stages, $34. HOGS Top, $9.10 & 8.25; fair to good hogs, $8.60 ip 9. SHEEP Best wethers. $5.506; fair to good wethers. $4.505; good ewes, $54j5.50 lambs, $5 6.50. ' Eastern Livestock Prices. CHICAGO. Jan. 21. Cattle Receipts, esti mated, 4O00; market, steady. Beeves, $4.10 7.60; Texas steers. 3.8o4.80: Western steers, $4(?t6;- Blockers and feeders, $2.9o5 25; cows and heifers. $2fi5.40; calves, $7.5oil0. Hogs Receipt, estimated, 22.OO0: market 5c lower. Light, S.2o8.55; mixed. $8.26 8.65; heavy, $8.3058.7o; rough, $8.30AfS 45 good to choice heavy, $8.45-8.70: pigs. $7 ioa 8.15; bulk of sales, $8.458.60. " hee Receipts, estimated, 8000; market, steady. Native, $48; Western, $4-!T6: year lings. $6.758: lambs, . native, $6.254i8.75 Western, $6.258.70. . KANSAS CITY-. Jan. 21. Cattle Receipts. 2000; market, steady. Native steers, $4.8o9 7.1i: cows and heifers. $2.50i&6; etockers and feeders. $3.405.20: bulls. $3.50fj 5. lt; calves, $3.758.75: Western steers, $440.25; "Western cows. $35. Hogs Receipts, 7000: market, weak to Be lower. Bulk of sales. $8.20458.50; heavy. $8.45 8.5714; packers and butchers. $8.25(5'8.50 llght. $7.003 8,40; pig. .757.75. Sheep Receipts, 2O0O; market, steady. Mut tons, $4.75So; lambs. $7.25tt-8.60: fed wethers and yparllngs. fo(&7.60; fed Western ewes, $4.755.75. OMAHA. Jan. 21. Cattle Receipts. 1500; market, steady. NRtive steers, $4b7.25; cows and ihelfers, $35.25; Western steers, $3,509 6.25; cows and heifers, $2.80Jr4.6O; canners, $2.253.25; dockers and feeders, $2.807 5.30; calves. $3.B04j7.75; bulls, stags, etc., $2.80 4.00. w Hogs Receipts. 6800: market, steady. Heavy $S.30&8.57: mixed. $8.2S&8.35; light. $8.15 8.35; plga. $7iff7.75; bulk of sales. $8.25tf8.35. Sheep Receipts. 1BOO: market. steady Yearlings. $8.6S-7.0: wethers, $56.15; ewes 4.904j5.5; lambs. $7.6ft!g8.65, Morgan & Robb, 250 Stark street, can place your loans on good real estate. PORTLAND, SEATTLE, SPOKANE, TACOMA. Downmg-Hopkins Co. BROKERS 1 Established 1S93. Storks, Grain. Private Wires 301-2-3-4 Couch Bids;. TRAVELERS' GCIDB. Safety, Comfort, Service are features of the HAMBIHO-AMEWCAN LIKE NEXT SAILINGS Plymouth. Cherbourg & Hamburg S. s. President Grant. Feb. 5, 2 p M S. S. America. Feb. 12, 1 1 A. M. Omits Plymouth. 1'of Oberammergan Passion-play Rer un Exhibition 1910; Brussels Exhibition 1910. and all other interp-Hting European events, inquire of our TourUt Depart ment. 160 Powell st., San Francisco, CaL, and local R, R. aarenls in Portland. lumbermens National Bank CORNER FIFTH AND STARK STREETS The Capital Stock of the Lum bermens National Bank Will Be Increased From $250,000 to 500,000 April 1, 1910 THE UNITED STATES "NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY Capital . . . $1,000,000.00 Surplus and Profits $725,000.00 OFFICERS J. C. ALNSWORTH. President. R. W. SCHMEER. Cashier. R. LEA BARNES, Vice-President. A. M. WRIGBX Assistant Cashier. W. A. HOLT, Assistant Caslder. LETTERS OF CREDIT AND TRAVELERS CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS Drawn ON ALL FOREIGN COUNTRIES THE BEST STREET INSURANCE IS THE BITULITHIC PAVEMENT x It insures against dust, mud and street noises. j It insures against slipperiness and fajling horses. It insures against cracks, disintegration and costly repairs. 1 1 assures a sanitary and durable atreet. It assures conscientious workmanship and best materials. It assures perfect satisfaction. BITULITHI0 INSURANCE IS SAFEST AND SUREST. WARREN CONSTRUCTION COMPANY 317 BECK BUILDING. PORTLAND. OR. mmmmmmMtm 309 East Washington, Eat 277 Telphones B2742 Largest SAXONIA Far Full Particular amd THE CUNAKD STEAMSHIP CO.. Ltd. 11 BFew Tork. Boton. Chlcafro, M tnnmpolta. FfaflAdpIrt. fit. Louis, S&a rnaoiioo, Torooto and Moatreal. or lxxml AxmitA. Travelers' guide. NFW 7FAI ANH Kew Service via Tahiti. Delightful South Sea Tours AIKTRAIIA for Rett, Health and nUkJlllrLL.lrl Pleasure. Hew Zealand, the World's Wonderland. ueysers. Hot Lakes, etc. The favorite 8. S. Mariposa sails from San Francisco March 10, April 15. etc.. connecting at Tahiti with Union Line for Wellington, N. Z. The only paoitenKer line from U. 8. to Mew Zealand. Wellington and bark. $260; Tahiti and back, tV25. 1st class. SOUTH SEA ISLANDS (all of tbem). three months' tour, $400. Book now for sailings of Dec. 28 and Feb. 2. I-lne to Hawaii, $110 round trip. Sailings every 21 days OCEANIC S. 8. CO.. 673 Market street. San Francisco. Italv AND THE Nile 'wm7 CONVENIENTLY REACHED BY OUR MEDITERRANEAN SERVICE The splendid, large steamships nxnyNAII, Jan. 29. 10 A. M. : HAM BURG, Feb. 15, March 29; BATAVIA, March 8, etc., for Gibraltar. Naples and Genoa (with occasional calls at the Azores and Madeira Islands). Excellent connection with steamers of Hamburg & Anglo-American Nile Co.'s services up the Nils through KGYPT. . ' Hamburg-American Line, JBO Powell St Una Krancinco. and Local Kallroad Agents in Portland. COOS BAY LINE .aJdhVmwEJ2..;m worth dock, for Morth Bend. aiarnliUeld iid Coos Bay points. Freight recalvsd unUl 4 P. M n day of sailing. Passenger fare, first class, tlO; second-crass. 7. including berth ?S2 mea1; I.nulr tJ ticket offlca. Third t&n? Mal2e2S. "tr,t " dock. Corner Water and First Sts. Write or Phone for Information Offer the unsurpassed in Luxurious and Comfortable Ocean Trarel By the great 20,000 Ioa steamer -CARMANI A" Jan. 22, Mar. 5 triple - crew turbine ia the World . XL. i cd. war. i a Twin-Screw, 14,300 tous RnirvationM apply tm TRAVELERS" GUIDE. FOR TILLAMOOK STEAMER "SUE H. ELMORE" STEAMER "OSHKOSH" SCHOONER "EVIE" SCHOONER "GERALD C." Freight received daily at Couch street Dock. Sailings every Tuesday and Friday evening. Passenger rates from Portland $7.50, from Astoria $5.00. Telephone Main 861. If.OBTH PACIFIC STEAMSHIP COMPANY. i. S. Santa Clara sails for Eureka and San Francisco Jan. 1, 15. 2; Feb. 12. 26. at 4 P. M. S. S. Elder sails for Eureka. San Francisco and Los Angeles. Jan. 4, 18; Feb. X. 16, at P. M. K a. RnnnV. ..II. tr,m San Francisco and Los Angeles Jan. 11. 25; Feb. 8. 22. at 8 P M. Ticket office 182 8d St. Phones Main 1814. A 1314. H. Youngs. Agt. SAN FRAN. A PORTLAND 8. 8. CO. Only direct steamers and day-light sailings. From Ainsworth Dock. Portland. 4 P. M. SS Rutut r-tty. Jan. xg, ieb. 11 KS Kansas City. Feb. 4, 18. From Pier 40. San Francisco. 11 A. M. SH Kama, city. Jan. go, F,. J2. SS Row City. Io. J, la. etc. M. J. ROCHE. C. T. A.. 142 Third Et' Main 402. A 1402: J. W. RANSOM. Dork Agent. Ainsworth Dock. .Main -268,-A 1334.