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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Nov. 2, 1912)
THE MORXIXG OREGOyiAX. SATURDAY, SO VE31BER g. 1912. . , SOUTH BUYS WHEAT Trailing With California Is on a Large Scale. STEAMER SPACE IS TAXED 'Eastern Inquiries Continue to Come on the Market and Shipments by Kail May Continue Through out the Season. Following the break In the European and Chicago wheat markets, most of the local dealer yesterday reduced tbeir bids a cent ail around. The only result of the cut was to prevent them from buying;, as farmers views were by no means weakened. The recent operations for Eastern and other ac count has a stiffening; effect In the country and holders still want the prices offered the first of the week. The export quotations yesterday were 77 cents for club and 7S cents for bluestem ana In some Instances a cent less was quoted. There were a few buyers, however, who were paying the old prices, which were up to 79 cent for club, but even they did not vet much. There were Eastern Inquiries on the mar ket again yesterday. . It Is not likely that this rail business Is over for the season and It may continue for a long time yet. Some of the dealers believe the East will be buy ing here up to the new crop. A considera ble amount of Hour baa been taken for East ern shipment, but bow much cannot be learned. This flour Is going mainly to the Southwest and will be used by bakers for mixing with their hard wheat flour. A peculiar feature of the Eastern business Is that buyers from the East operate In the Pacific Northwest In the face of a declining Chicago and Minneapolis market. The Idea la advanced that the millers in the East are partly responsible for manipulating their markets while they are laying in supplies. It may yet be proved that the Government's figures on the Eastern crop are entirely too hlKb. A feature of no little Importance in the local wheat market is the steady buying by California dealers and millers, who, like the Eastern buyers, are paying scant attention to the fluctuations at Chicago and Liverpool. In the post month Portland and the Sound shipped 764.830 bushels of wheat to Cali fornia, of which 4U0.S75 bushels went from Portland. Since the season opened the total shipments from all northern ports to Cali fornia have been 2.463,907 bushels, against l.l'Mt.lSO bushels sent down in the same period last year. There are now three reg ular steamers carrying wheat south from Portland, besides the quantities sent by the established liners. Weekly foreign wheat shipments were as follows: Australia STrt.ooo 776. noo l.X3B,0io This wk. Last w k. Last yr. Arrentlna kj.(kw snn.ooo f.no.noo India fcoti.OW J.1',0.000 852.000 Local receipts. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Klour Oats Hay. .Monday VI 21 25 12 25 Tu.fiay M :i 2 !i 6 W.rtn-.day .... B7 14 2 JS Thursday. 3 21 S 1 Friday e4 IK l' I 12 Year ago ."7 2 K 14 Reason to date.711 f o' 72S Year ago Sl"4 2-ti I'TS 632 Uol TRADING IX HOP MARKET CEASES Kuj-lng Operations Mar no Be Resumed Intil After Election. Trading In the local hop market has come to a stop, as was expected, and Is not likely to be renewed until after, the election. The October business, aside from contract op erations, was not as large as the dealers looked for. but the November buying, when It starts, will probably be heavy. Holders of low-priced hops are offering them more freely, but growers having good goods are not pressing them for sale. English market conditions, according to London hop factors' circulars are as fol lows: ' Wild. Neame & Co. The general trade If restricted and has been somewhat curtailed by persistent fogs. The demand Is princi pally confined to choicest quality, and lowest grades at a price. Values are unal tered at late quotations. Manger A Henley A good general de mand continues and considerable business has again been done during the past week Price firm with a harder tendency for choice grades. W. H. and H. Le May The business noted in our last continues and a further clear ance of the Weald of Kent and Sussex fug- glea has taken place. The choicer quallt growths are now . coming onto the market and are finding buyers at full current rates. There was a larger attendance of growers at the Worcester market on Saturday and mora disposition to sell at current rates. Some of the later pickings show an ab sence of color, but are good brewing hops. and these meet with .good demand. Choice samples made full Tatea. and medium qual ities were firm.. .in. flu. Including 117 on Saturday, 2031 pockets were weighed dur ing the week, making S701 to date. Picking has been brought to a conclusion in some yards during the last few days. CAR OF Ml'SCAT GRAPES RECEIVED 8eaon for Tokays Is About Over All Kinds Are Firm. Trading In the fruit market yesterday was of only moderate proportions. A good many low-priced apples were put out, but there was not much demand In other lines. A car of muscat grapes arrived from Cali fornia and they were quoted firm at $1 a crate. Black Emperors were also offered at the same price. Tokays were scarce. The season for this variety Is abouf over, ac cording to advice from the South. The street Is well cleaned up on cran berries. A car Is about due and they will sell at an advance of 50 cents over the old price. A car of Florida grapefruit was received and distributed. Heppner Wheat Warehouse Full. HEPPXER, Or.. Nov. 1. (Special.) . Warehouse are full and overflowing with wheat and not half of the crop 1 yet In. Unle more cars can be bad In the near future more wheat will be pled on the ground at the warehouses than was shipped altogether last season. Prices are satisfactory to the farmers, and they are selling almost a fast a It 1 delivered. A shipment of choice wheat and pota toes was made yesterday to the Portland Commercial Club for exhibition at the East ern land shows. ' Improvement In Poultry. There wa no Improvement yesterday in the poultry market. Receipts were still large and buyers were bearish. Dealers held chicken at 12 cent, but retailers were disposed to offer a cent less. The dressed pork market Is feeling the effect of the slump In live hogs. Prices were about a half cent lower yesterday. Veal continues weak. Egg, hotter and cheese were firm at the old price. Bank Clearing. Bank clearing of the Northwestern cities Yesterday were a follows Clearings. Balances. Portland ....... Seattle Tacoma ........ Spokane . . . . . . . ..(2 hj8.12! ( (K1.54S . .. 2.0-I0.51 S'HI.STT ... 6S4.504 e4.2i.-, . .. e24 4J 133.4U7 PORTLAND MAJUii-TS. Vegetable and Fruit. FRESH FRUITS Apples, ordinary. 50c9 (I. SO per box: peaches S5950e per box; pear. l.;ot133 per box; grapes, (11.1 per box; cranberries. 19.50 per barrel; easa bas, 7.V1r?l.5l per do sen. tropica l. FRUITS Oranges. Valencia. 14 4.5ft: California grapefruit. M5: Flori da grapefruit. S5.60W9: lemons, per boot; pineapples c per pound. ONIONS Oregon. tl per sack- POTATOES Jobbing prices: Burbanks. 75c per hundred; sweet potatoes, 2c pel pound. VEGETABLES Beans,, 10c: cabbage, 18 lHe per pound; cauliflower. 40c ,1.25 per desen. celery 25 75c per doxen; cucum bers, 50 ft 60c per dozen; eggplant. I1.J51.S0 per box; head lettuce. 90c per dozen; peppers. 86o oer pound; radishes. 15920c per doxen; sptouts. 8e: tomatoes, 75cl per box; garlic. 3 ft 6c per pound. - SACK VEGETABLES Carrots. $1.25 per sack; turnips. $1 per sack: beets, $1.10 per sack; parsnips, 11.23 per sack. Grain, Flour, Feed, Etc. FLOUR Patents. 14.30 per barrel; straigats. 3.o: exports. (3.0093.70; Val ley. 14.30; graham, (4.20; whole wheat. (4.40. WHEAT Track prices: Club. 787c: bluestem, RlS3e: forty-fold, 7jf80c; red Russian, 77c; valley. 80c 116. oat and vetch, 12; alfalfa, (12: clover. nnf nolo. oo; LID! A CU. . . . MILLSTUFFri Bran. (22 per ton; shorts, $24; middlings. (30. BARLEY Feed, $3 per ton brewing. (38 per ton; rolled, S26J7.SO. OATS White. (26 per ton; gray feed. S24.50; gray milling, (23.50. . . . . - . -1 i n . on )nn Dairy and Country Prod ace. tTnr:Q FrMh Ineals eandled. 40a42VjC per dosen; Eastern, 10985a i.Hbr.aEi irjyieiB, ivc per pouuu, . 19V,c; Young Americas, 20 He per pound. n L. J i r. i ureKon creamery ounw, 35Wc per pound: prints. 36 37o per pound. VEAL Fancy. 12(jfl24c per pound. ducks, young. 1213c; geese, 12c; turkeys, live, 17618c; dressed, 25c Staple Groceries. BALMON Columbia River. one-pound talis. 12.2X ner doxen: half-oound flats. (1.40: one-pound flats. (2.40; Alaska, pink, one-pound tails. 85c; sllversldes. one-pound tans, (1.23. COFFEE Boasted. In drums. :4O40 per pound. HONEY Choice, (3.50trn.7B per case. VI'TU Wftlnnta ner OOUUd: Brazil nuts. 12U015c: filberts. i415o; al monds. 16tt917ttc; peanuts. 596e: co- coanuts, 0c&Sl per dozen; cnesnuie, urn per pound; hickory nuts, elw: pecans. 17c: pine. 17Vi920c. R F. A V Kmil white fi.40c: large white. 514C-. Lima, 6.75c; pink. 5c; Mexicans. 6c. bayou. 4.65c. , , SUGAR Fruit and berry. (5.75: Honolulu plantation. (5.70; beet. (5.05; extra C. $5.25; powdered, barrels. IS; cub, barrels. (8.15. 6ALT Granulated. (15 ner ton: half ground 100s. (7.50 per ton: 50s. ts per ton. RICE No. 1 Japan. 6c: cheaper grade. lt?3c: Southern head. l7tte. DRIED' FRUITS Apples, loo per pound; apricot. 12914c; peaches, 8911c; prune. Italians. 810c; silver. 18c; figs, white and black. t,Q7c; currants. Bttc; raisins, loose Muscatel. 6H67HC; bleached. Thompson 11 He; unbleached Sultana. 8Vso; seeded. 7H 98tte; dates. Persian. 14o par poumi. hard, (1.00 per box. FIGS Twelve 10-ounce 85c: 50 6-ounce, 11.85: 70 4-ounce. (2 25; 80 10-ounce, (2.23; loose, 60-pound boxes. 6Vi97c: Smyrna, boxes. (1.1091-25: candled. 16 018c STOCK TRADE FILLS OFF SMALL RECEIPTS AST) LIGHT BTSIXESS AT YARDS. Only a lw Bulls Are Disposed of During the Day Cattle and Hogs Are Easy. There wa practically no business at the stockyards yesterday, aside from the sale of a few bulls. Only two cars of stork came In. The general conditions In the market were unchanged. Hogs and cat tle were easy In ton and sheep were steady. Receipts were 19 cattle, ( calves and lit hogs. Shipper were: Fomeroy Meat Livestock Association. Pomeroy, Wash., one car cat tle and hogs; F. B. Decker, Gervais, one car cattle and hogs. The day'a sales were as follows: Weight. Price. 1 bull W10 (4.50 8 bulls 110 4.25 3 bulls 1330 4.25 The range of prices at the yards was as follows: Choice steers ................. .(8.75 (6.S5 Good steers ................... .. 6. 2. fit 6.65 Medium steers e.uoa 6.25 Choice cows ................... 6.009 6.50 Good cows &.504I- u.n Medium cows S.OOfltf 5-23 Choice calves 6.501- 7 00 Good heavy calves .0U(p 6.50 Bulls Z.l0"t 5.00 Staffs 4. 7541) &.35 Hogs Light 7.75; .0( Heavy 6.75431 7.00 Sheep Yearlings 4.269 4. SO Wethers H.604.K5 Ewes 1.75 'it 3.S0 Lambs 3.S59 6.7S Omaha Livestock Market. SOUTH OMAHA. Nov. 1. Cattle Tte- ceipt. 2000; market, steady to weaker. Na tive steers. (H.2o4j7.10: cows and heifers. (3.854; 6.50: Western steers, 5 'i'i!jS; Texa steers, (4.50tri6.2u; cows and hellers. SStVjgp 6.00; canners. $3.fH)?j4.25: stockers and feeders. $4.."0j 7.75; calves, (4.75&S.73; bulls, stags, etc.. (4.40&5.HO. Hogs Receipts. 42O0; market, Cc higher Heavy. (7.60f!f7.75: mixed. (7.654 7.75; light. (7.70't?7.80; pigs. (0.25I&7.50; bulk of sale. (7.toS 7.75. Sheep Receipts. 1000; market, steady Yearlings. J4.254 5.15; wethers. (.1.80 4.S5; ewes, (33.10; lambs, (U.25&7-00. Chicago Livestock Market. CHICAGO. Nov. 1. Cattle Receipts. 2500: market, steady. Beeves. 13.304 11.00; Texas steers, (4.K5V 5.65: Western steers, 7.50; cows and heifers. (2.70ii7.25; calves. Hogs Receipts, IS.O'Mi; market, strong to C8.O0: heavy. (7.20'u 7.t5; rounh. (7.2Ks 7 40; pigs. S4.73&7.25; bulk of sales, (7.60& T IU I Sheep Receipts. 6000; market, steady to mgiit:ih 4iir, o.-w o.i ; western, :).S0's 4.(50; yearlings. (4.5f& 65; lambs. uautc, ed tf i.xv; western, fo.. j.vv. SAN FRANCISCO PRODI CE MARKET rrlce Quoted at the Bay City for Vege table. Fruits, Etc. SAN FRANCISCO. Nov, 1. The follow ing produce prices were current uere today: jrruit Appiea. cnoice. ouc: common. 40c, Mexican lime. 1505.(0; California lemons, choice, (5; common. (2; pineapples, (1.60 92 60. Cheese Young America, 16918c. Butter Far.cy creamery, 33 4c Eggs Store. 41c; fancy ranch, 52c. Hay Wheat. ,28.50 24; wheat end oata (2i22; alfalfa. (12314: barley. JlStfltf. Potatoes Oregon Burbanks. (1Q1.2U: Sa linas Burbanks. (1.254s 1.(5; sweet. (1.259 1.40. 'Vegetable Cucumber. (1.50(2.50; garlic, 2 So; green peas. G12c: string bean. 3-3 5c; tomatoes. 30&75c; . eggplant, 5c(l; onions, 25t35c Receipts Flour, 3700 quarter sacks; wheat. 870 sacks; barley, 43S5 centals; oats, 600 centals; potatoes. t45 sacks: middlings, loo sacks; hay. 00O tons; wool, 123 bales. y Grain In San Franciero. 8AN" FRANCISCO, Nov. 1 Spot quota tions Walla Walla, (1.52ttc; red Russian. (1.50; Turkey red, (1.55; bluestem, 11.03$ 1.6i: feed barley. (1.5: brewing barley. (1.556 l.o J white oats, (l.flu 1.32 4 ; bran. (254)25.50; middlings, (34&J5; shorts, (27.30 U2b. Call board sales: Wheat, December. (1.50 bid, 11.531, asked. Barley. December, (1.40 bid. (1.4VH asked; May, (1.48 Vi bid, (1.504 asked. Paget Sound Wheat Markets. TACOMA. Wash.. Nov. 1. Bluestem. 82 82Vc; fortyfold. 81c; club. Sue: life. "Sc. Yesterday's car receipts Wheat, DO; barley, 4; corn, 1; oats, 4; r.sy, 14. SEATTLE. Wash., Nov. 1. Wheat Blue stem. S2c; fortyfold, 7Vic; club, 78o; fife. 77fec; red Russian, 70Hc Yesterday's car receipts Wheat. BO; oats. 4; barley, . 9; hay, 33. New York Cottoa Market. NEW YORK, Nov. 1. Cotton Spot closeO. sterdy. Middling uplands, 11.75c; do. gulf, 12c; sales. KV.I7 bales. Cotton futures closed firm. 10 to 21 points up. November. 11.07c; December, lt.S2o, January. 11.88c: February. 11.47c; March. 11.57c; May, 11.58c: June. 11.60c; July. 11.63c: August. 11.05c; September, 11.30c; October, 11.25c NEW ORLEANS. Nov. 1. Spot cotton, steady. Middling, 11 7-10c Han at New York. NEW YORK. Nov. 1 Hop Steady. - ROADS LOOK AHEAD Buying Supplies in Preparation for Trade Expansion. ORDERS FOR RAILS HEAVY Production of Iron and Steel Lim ited Only by Capacity of Mills. Dry Goods Trade Is Steady and Prices Continue Firm. NEW YORK, Nov. 1. R. G. Dun & Co.' weekly review of trade tomorrow will say: So far as the business outlook is con cerned, conditions of remarkablo activity and soundness In most industrial and mer cantile lines continue. One of the most important developments Is the energy and courage of the railroads In the purchase of new rolling stock and other supplies In order to prepare for the expan sion of trade. Production In Iron and steel is limited onlv hv the cauacltv of mills. - Orders still outstrip production, and prompt .delivery is difficult. In rails, some mills are sold ahead up to June and new business keeps up well, notwithstanding that rollings for Spring tracklaying cannot be made by the leading Interests. . mere is a conimueu scarcity of crude steel and lots for prompt delivery command a premium, while steel bars, plates and shapes are strongly held. The dry goods trade has been steady and prices have shown pronounced firmness. In cottons the Jobbing trades are receiving re order quite freely, and as stocks In first hands are low, the maintained demand ac counts for the firmness in values and the readiness with which prices advance with J the appearance of ordinary ouying. IMPROVEMENT ON THE PACIFIC COAST Trade Is Good in Nearly all SectionsNo Orer-Productlon. NEW YORK. Nov. 1. Bradstreets' to morrow will say: "Trade movements In a collective sense show no material hesitancy because of the hninence of the Presidential election. "In the grea surplus producing sec tions, buying continues unabated and it is only in the East that there is a. tendency to. mark time, but there, as elsewhere, busi ness is strongly buttressed by orders previ ously bobked. The Integral point of the situation can be encompassed In the state ment that there Is need for goods and that stocks at first hands are light, the short age of labor together with heavy consump tive requirement having made for under production. "Jobbing trade In the Northwest, South west and Middle West continues exception ally good. Throughout a large part of the South and on- the Pacific" Coast, improve ment is mirrored forth, though in the lower -South Atlantic state things are dull, this section being about the only backward part of the country, for which condition a poor and late cotton crop is mainly responsible. "The wheels of industry continue to move at a swift pace. "Business failures in the United States for the week ending October SI were 250, against 220 last week. "Wheat, Inolndlng flour, exports from the United States and Canada for the week ending October 31 aggregated 6,408,275 bushels against 6.6A5.9K1 last -week. "Corn exports for the week are 81,250 bushel against 129.138 last week." Bank Clearings. ( NEW YORK. Nov. 1. Bradstreet's bank clearinrs renort for the week ending OC tober 31 shows an aggregate of $3.SG;t.5."5. 000. as against 13.747. 383.000 last week and (3. 803. 060,000 in the corresponding week last year. Pct.Inc .w York (2,042,574.000 6.0 Chicago 310.205.000 9.0 Boston lt!3, 082.000 19.6 Philadelphia 157.750.000 2.5 St. Louis 75,339,000 1.6 Kansas City 61.850,000 10.2 Pittsburg 57.6:7.000 - 18.8 San Francisco 63,748.000 .2 Baltimore 40,051.000 - J3.7 Cincinnati 23.452.000 7.0 Minneapolis 34.383.000 15.5 New Orlean 20,943,000 81.8 Cleveland 21,005.000 7.1 Detroit 21,061.000 14.5 Loe Angeles 22.3S8.00O 26.9 Omaha IS. 301. 000 22.9 Milwaukee 13,746.000 3.9 Louisville 12.274.0O0 3.6 Atlanta 1 4.723. 0'-O .6 Portland. Or 11.326.0O0 7 .8 Seattle 12.492.000 12.7 St. Pnul 14.305.000 .7 Buffalo 11.100.000 12.6 Denver 9,601.000 9.! Indianapolis 16.77S.O00 14.0 Providence 7,677,000 13.l Richmond 8,096.000 6.6 Washington. D. C 7.153.000 2.9 Memphis 10.793.000 5.5 w. ...... ..1, t; o.i nno 6.4 Salt Lake City! '. 1.7. .". S.425.060 3. If Fort Worth- 11.199.000 S9.1 Albanv 5.481.000 15.7 Columbus 6.2S2.00O 2.5 Savannah 7.584.000 1.1 Toledo o.sr.0.000 81.6 .Nashville 6.592.000 43.4 Hartford S.982,000 M2.4 Spokane, Wash 4.192,000 8.4 Tacoma S.393.0OO 8.0 Oakland. Ca! 3,155.000 2.4 San Diego. Cal 2.294.000 23.3 Siwramento. CaU 1,806,000 1.1 Helena 1,345.000 24.0 Stockton. Cal 772.000 14.7 Boise, Idaho 695.000 20.2 Ogden, Utah 925,000 .... . 'Decrease. UST PRICES ARE GOOD WALL STREET TRADE SMALLEST OF AXY DAY FOR "WEEKS. Favorable Returns Issued by a Xum ber of Railroad Systems Bond Market Firm. NEW YORK Nov. 1. Observance of re ligious holidays at all principal European centers. Berlin excepted, and a holiday here tomorrow In honor of the late Vice-President Sherman, served to curtail today' op erations on the local stock exchange. Call money rose to 9 per cent, a fraction aver yesterday's official quotation, although the close was nearer 6 per cent. Prospects of Impairment of clearing-house reserve prompted some calling of loans by local banks. In a general way. however, tomorrow's bank statement la expected to work out more favorably than, recent fore casts Indicated. The high money rates of the last few days resulted In a heavy Inflow of money from Interior banks, re ducing local bank losses to a low figure. Some anxiety Is felt regarding the loan ac count. - Today's business on th exchange wa the smallest of any full day In several weeks. Opening prices showed general ad vance with a smart gain in Canadian Pa cific. This was followed by general de clines, which obiaferated all early gains, and then a long period of stagnntlon. Towards the close, whon It became evident that there would be no repetition of yesterday's money squeexo, the market once more grew mod erately active, closing with a firm under tone. Several prominent railroad system showed returns for September. The St. Paul showed a net gain for that month of S920.O00, while the Pennsylvania gained (378,000 on Its Eastern line and (177,000 on those west of Pittsburg. New York Central showed a net decrease of (343.000. Bonds were firm with marked Improve ment in speculative issues. Total sales, par value. (1,440,000. United State Govern ment bonds were unchanged. CLOSING 8TOCK QUOTATIONS. Reported by J. C. Wilson ft Co. building. Portland. Lewis Closing Bid. 83 67 40 120 59 56 82 107 122 121 142 . 277 42 139 107 101 Sales. High. Low. 84 83 es ' 67 40 39 B9 "BO" "82 "si" Amal Copper .. 20,lort Am Beet Sugar 1.000 American Can .. 5,700 . 100 - 8O0 6O0) 2.80O 1O0 1(H) 10O 8 00 1,500 1.5O0 loo 2.10O 1O0 do preferred.; Am Car ft Fdy.. , Am Cotton Oil. Am Smel Ref do oref erred. . American Sugar do preferred... Am Tel ft Tel.. Am Tobacco pf. Anaconda Atl Coast Line.. A T ftSanta Fe 142 142 278 176 42 42 107 106 do preferred. LBalt & Ohio ...t 000 10i 105 ' 100 rjrooK ri Iran.. iv ..t Canadian Pac .. S.30O . 64 2;2!S. 2B3ii C & O 400 SI SI 81 'A Chicago ft N W smt 13ICi lao1 138 C, M & St Paul. 2,3(0 lOSCS. loS4 1H do preferred.. 100 140 Centrar of N J. 300 Chlno 2.4O0 45i 455, 45!4 Col Fuel A Iron 700 36 35 36 Colo Southern 38 Consol Gas 200 144 143 14.54 D L & W 540 D & R Grande -0 do preferred 37 Distillers' Secur 200 26 20 26 Erie 2.500 34 34 34 Gen Electrlo ... KM! 1S1 181 ISO Gt North Ore .. 300 46 Ot North pf 500 138 137 137 Illinois Central 128 Interboro-Met .. 800 20 1B4 1 do preferred.. 6'M 64 64 64 Inter Harvester - 00 12 120V 120 K C Southern .. MIO 28 27 2S Lehigh Valley ... 2.200 178 173 173 Louis 4 Nash .. 2UO 157 157 157 Mexican Central 20 M. S P & 6 S M 200 150 Mo. Kan Ic Tex.. 27 4 Mo Pacific 1.4O0 42 42 42 National Lead.. 200 63 Nat Biscuit ... 200 132 131)4 130 do preferred.. 200 127 126 124 N Y Central... 1.&O0 114 114 114 N Y. Ont & Wes 3 Norfolk & West 114i North America. ' 83 Northern Pac .. 1.700 1?1 128 123 Paciflc Mail 31 Pacific TAT.. 500 50 30 49 do preferred , 10O Pennsylvania ... 1.2O0 124 123 124 People's Gas 116 Reading 37,300 170 170 170 Republic S I I') 31 31 31 Rock Island Co l.ROrt 25. 25 25 Southern Pac 1.8O0 110 109 110 Southern Ry ... 1.300 2U 20 2!) Texas Oil 12' Union Pacific .. 13,700 1 70 60 169 do preferred ss United Rds S F 200 S 86 36 U S Steel 60,800 75 74 75 do preferred.. 40O 114 113 113 Utah Copper ... 1,500 62 62 62 Wabash Western Union . 100 78 Westing Elec . . 600 82 82 81 Wisconsin Cent. 5? Total sale for the day, 229,200 shares. BONDS. Reported by Overbeck. A Cooke Co., Board of Trade, Portland. . Bid. Asked. Amer Tel Tel conv 4 112 118 American Tobacco 4s 05 American Tobacco 6s. ........ .120 .... Atchison general 4s K7 07 Atcnison conv 4s jue Atchison atlj 4s stamped 7 88 Atchison conv 5s -.107 108 Atlantic Coat-t Line cons 4s 04 us At Coast Line "L & N coll" 4s. 1)2 Baltimore ft Ohio 3s... 82 Baltimore & Ohio 4s 7 97 Brooklyn Rald Transit 4s 90 90 Can Southern first 5s 09 99 ClK-sapeake & Ohio 4 99 99 C a & W gen mtg 4S ifo u?4 C B & Q Joint 4s 95 95 C B & Q Ills 4s 97 9S C B & y Denver 4s 95 9-5 Central Pacific first 4s 95 95 Chicago & East Ills 4s 77 Chicago R I & P ref 4s 87 87 Chicago R I & P Col trust 4s.. 68 iS, Colorado ft Southern first 4s... 94 94 Denver ft Rio Grande 4s 81 84 Erie first cons P L 4s 86 S7 Int Met 4s 80 (si Japanese 4a 84 .... Japanese first 4s 91 91 Japanese second 4s 90 90 Louisville ft Nasnvine unt s.. vi Mo Kan ft Texas 4s.. 85 86 Missouri Pacific 4s 71 72 New York Central 3e 82 82 New York City 4s 92 112 V.- Vnrk -llv 1U.K of 1957 106 106 I Norfolk ft Western 4s 97 Norfolk & Western conv 4s -J' Ma A N Y Ont ft W.4s P Northern Pacific J L 4s n.x 98 Northern Pacific 3s 68 69 Oregon Short Line 4s 92 93 Oregon Ry ft Nav 4s "1 .92 Penna Ry 4s of 1948 101 103 Philippine Railway 4s 101 Reading general 4s 96 96 Republic of Cuba 5s ; 102 Southern I'aclflo first ref 4s... 93 93 Southern Pacific col 4s 88 811 Southern Railway 4a - 7 i St L ft 8 F ref 4s 76 7 Union pacific first 4s 99 99 Union Pacific conv -4.. , lol 102 Union pacific ref 4s 95 95 United States Steel S F 5s .... 102 United States 2s registered 101 30'J United states 3s coupon 101 101 United states 3s registered. .:. .102 103 United States ::s coupon 102 tK' United States 4s registered. ... .1 13 114 United states 4s coupon 113 114 United Railway 6 F 4s 66 06 Wabash flrit 4s Western Union 4s 85 85 Westlnghouse conv os 0.i i'4 ' Western Pacific 5s 82 M Wisconsin Central 4s 91 92 West Shore 4s 98 98 Storks at Huston. BOSTON. Nov. 1. Closing quotations: Allouci . 8MohBwk 61 Amalg Copper.. 2!Nevada Con .... .0 A Z L ft Sm... 20 Nlplsslng Mines. 8 -Arizona Com .. 3 .North Butte..... 34 t, i-" ri v. a XT a IN'orth I-ske 3 Cal Arirona.. 76joid Dominion... 58 C'nl ft Hecla 575 Osceola 'VT.Tl Centennial is lijuincy jits Cop Ran Con Co 54 'Shannon li S Butte Coi M. 14 Superior ........ 4(1 franklin 10!Sup Bo Mln.. 1 Glroux Con 4"STamarnck ...... 39 Orsnby Con ... 62VIU S S R M . . . 44 Greeno Cananea. 9 do preferred... JO I Rovalle i Cop) 213U'tah Con ...... 11 Kerr Lake 2t la)i Copper Co. 62 ?.ake Copper.... t Vz Winona T.a Salle Conner 4!WolvcrlIi .- i .... ! Miami Copper... 2I1IJ v Money, Exchange, Etc. ' NEW YORK, Nov. 1. Money on call strong. 04i9 per cent; ruling rate,. 8: clos ing Wd. 6; offered at . ' Time loans strong. Sixty and 90 days, t per cent- six months. 5 (6 6 per cent. Close: Prime mercantile paper, 6 pet "sterling exchange heavy, with actual busi ness in bankers' bills at (4.81io for 60-day bills and at. (4.8550 for demand. Ccmmerclal bills, (4.81. Bar -silver, 62 c. Mexican dollars, 48 c. Government bonds steady; railroad bonds steady. . LONDON, Nov. l.Silver, 28d; bank rate, 9 per cent. SAN FRANCISCO, Nov. 1. Silver bar, 62c. -Mexican dollars, nominal. n,Bfta sie-hr' 'iu.r.i do. telerranh. 6c. Sterling on London, 60 days, (4.81; do sight, (4.80. . Condition of the Treasury. WASHINGTON, Nov. 1. The condition of the United tetates -t reasury at iuo .ircsiu ,,r t 05 102 721 In hanks and Philippine treasury 81.769.S60 Total of general funds 148,724,719 rteceipis ycbteruay f-' fc Disbursements ???; The deCicit this fiscal year. 2.754.5t2, a i .4Aitj.i fi-m l MO 3ri3 Inn! vear. KJJSIUIl -J . . - -. w. . The figures for receipts, disbursements and dellclt exciuae jranaiua -jih vuu Uo debt transactions. Exchange Will Close Today. CHICAGO, Nov. 1. The Chicago Board of Trade and the local stock exchange will be olosed tomorrow In memory of Vice- President Sherman. X t ; V YORK, Nov. 1. The New York Stock Exchange will be closed tomorrow out of respect to the memory of Vice-President Sherman. Metal Market. tsji?w vnrtir. Nov. L Cooper, unsettled, Standard spot, 16.75c - bid; November and December. 10. 7 5 IT. loc; eieciroiync. 18.77c, nominal; lake, 17.62 17.87c; cast ings. 17.25 .l"-87c. Tin dull. Spot, 50. 02 950. 47c; November, 50.15 Sf 15.43c; December. 50.12050.50c. - Lead, easy. Offered, 5c. Spelter, easy. 7.35 6 7.45c. Antimony, quiet. Cookson', 10.50c. irnn Arm nnd unchanged. Copper exports for October. 24.670 ton. London copper firm. 8pot 75 7s 6d; futures. t: i.nnrton tin firm. Sdol 330: futures. 229 15s. London lead. 19. London spelter. 27 7s 6d. Iron, Cleveland warrants, 67s 7d In London. Coffee and Sugar, NEW YORK, ' Nov. 1. Coffee futures closed steady, net one point higher to one point lower. November, i4.ioc; uecemoer. 14 02c; January, 13.95c: February. 13.85c; March. 14.15c; April. 15.18c; May. 14.32c; June, 14.23c; July. August, 14.25c; Septem ber and October, 14.20c. Spot, steady. Rio. So. 7. 14c; Santo, No. 4, 10c. Mild, quiet. Cordova, 16 i8C4- nar. steady. Muscovado. 89 test. 8.53c: centrifugal, 96 test. 4.05c: molasses sugar, 89 test. 8.30c rterinea. steauy. Naval Store. SAVANNAH. Ga.. Nov. 1 Turpentine, firm, 88&S8. Sales, 707; receipts, 92; shipments. B2; stock, 81.000. Rosin, firm; sales. 35O0, receipts. 3900; shipment. 900; domestic stocks, 113,800. Quote: A, B. C. (6.10; D. (6.12; E, (6:15 622: F, (6.206.85; G, (6.22 6.35; H. (6.30; I, $6.32 ; K. (6.45: M. 17.00; N. $7.60; WG, $8.25; WW, (8.B0. Chicago Produce Market. CHICAGO. Nov. l.v-iButter Firm. Cream eries. 2S30c; dallies, 23&28c Eggs Firm; receipts, 4202 cases; at mark, cases included, 19S20c; ordinary firsts, 22c; flrCh'eese Steady. Daisies, 1717e; twins, 16 17c; Young Americas, 17t 17c; long horns, 1617o. Wool at St. LouU. ST. LOUIS, Nov. 1. Wool Steady. Terri tory and Western mediums, 21fU5c; fine mediums, 18 20c; fine, la a 17c, WHEAT PRICES SAG Prospect of Early End of Bal kan War Leads to Selling. LOSS NEARLY TWO CENTS Argentine Rains Do Little Damage. Receipts In Northwest Double Those of Year Ago Corn and Oats at Lowest of Season. CHICAGO, Nov. 1. Wheat today sagged to near the lowest point this season. Pro pects of a speedy end to the Turkish war had a good deal to. do with taking the snap out of the market. Closing prices were weak, lc to lttlB'lHc under last night. Heaviness ruled wheat from the outset. Rallies were few and in no case Important. News that Argentine rains had not done much damage, unloading by those who did not care to risk a stoppage of business until Monday, and the fact that the increase of stocks this week at Minneapolis an Dulutn wa more than double that of a year ago. were bearish factors. Corn went to new low price for the pres ent crop. Constantly increasing receipts . , - 1 . - t,aa-w innA Moreover. gave l 11 u mm ivc, .... j - - - , ,: Argentine shipments this week broke all records. 7.761,000 bushels, against none a year ago. . ... vlnes touched a in oats n" wai, - , new low level, compared with previous prices mis season. .i.u . 1. Knli.inna n"nd firmer, be cause of an advance at the yards, the mar ket soon weakened under the influeire e of cheaper cereals. The leading futures ranges a lonows. WHEAT. Open. High. Low. Close. ( .89 ( .89 .95 .95 .91 .91 .51 -51 .60 .60 .51 -51 .31 .81 .33 .33 .33 .33 16.20 - 18.32 18.40 17.97 18.00 10.77 10.77 10.87 10.67 10.55 10.60 10.17 10.22 "9.92 'V. 95 9.70 9.70 Deo. .90 $ .90 May July .90 .96 .92 .92 CORN. r.i .51 'A Dec May July .51 .51 .52 .52 OATS. Dec. May July .31 .33 .33 MESS .31 .33 .33 Nov. Jan. May .16.20 .18.65 .18.20 18.65 18.25 LARD. 10.95 10.80 10.70 10.25 Nov. Dee. Jan. May .10.95 .10.80 .10.70 .10.25 SHORT RIBS Nov 10.50 .; .. . Jan 10.02 10.05 jaay v.w 7, r. tn a mi Cash quotations were as luwvwa. Flour Easy. Com No. 2. 6859c: do. white, 69 5c; do. yellow. 59&59: K. a, 58 59c: do. white, r.S59c; do. yellow, new, 58c- old, 58859c: No. 4. 57i(5Sc; do. white, new. 62c; old, 57t58c; No. 4 yellow, new. 52c: old. 5768c. Rye No. 2. 6768c. cwri nr mfxins. 480v53c: fair to choice malting, 69r72c. Timothy seed (3W3.SO. Clover seed (ISO 18. Pork Mess. $ 16.26 ft 16.87. Lard In tierces. (10.80. Short ribs Loose. ' (10.2510.75. Grain statistics: Total clearances of wheat and flour were equal to 408.000 bushels. Exports for the week, as shown by Bradstreet', were equal to 6.493,000 bushels. Primary receipts were . ' . ...1 n.ll. 1 nT9 AAA 3.261.UUU DUHIICII. i:ililPieu nu bushels the corresponding day a year ago. rjsumaien- receipt i"i luiiiuiiv". 85 cars: corn, 101 cars; oats. 261 cars; hogs (am iioau. Kiirnnean Grain Markets. LIVERPOOL, Nov. 1. Close: Wheat Spot, steady; futures, easy. December, 7s 7 1i(- Uurnh Tn 64td: Mav. 7s 5d. English country markets easy; French country markets steady. Minneopoli Grain Market, MINNEAPOLIS. Nov. 1. Close: Wheat December, S6'(rsoc; May, Cash No. 1 hard. 87c; No. 1 Northern, 85&8STic: No. 2 Northern, 828;: No. 3 wheat, wi-tg ru "sc. - TJwan 1l HT.rh 19.00. Flour First patents, (4.354. 65; second patents, (4.024.4:i: first clears, o.v(j.w seennn clears, e-.-u-y-. iv. Flax (t. 41. Barley 4165c. s Duluth Linseed Market. DULTJTH, Minn.. Nov. 1. Linseed, (1.44 K-iiL-mhAr SI. 43 hid: December. 1.39 nominal; January. (1.40 bid; May, (1.43 asked. Fidelity Security Wisdom the three essential elements of a great financial institution the fundamental ideas upon which this company is founded. IT FIDELITY is a cap ital in itself. SE CURITY assures de positors the absolute safe-keeping of their money. "WISDOM is born of experience and business fore sight that leads only to safe investments. JL II Consult our offi cers concerning your financial needs. United States NATIONAL BANK, Third sad Oak. Economy in pav-' ing means dur ability of mate rial. "Durability of ma terial means econ omy in paving." ' Insist on bitulithic. i " 1 1 1 LADD &TILTON BANK Esta-liB-ed 1859. Capital Stock '.....$1,000,000.00 Surplus and Undivided Profits 800,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, avail able in all parts of the world. OFFICERS. W.'M. laa, President. Robert a Howard, Asst. CaahWa Edward Cookinsham, Vice-Prss. J. W. Ladd, Asst. Cashier. W. H. Dunckley, Caa-ler. Waitar M. Cook, Asst. Cashier. First National Ban Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha Rocky Mountains T RAN S -ATLANTIC AMERICAN LINE N. Y., I"l moulh. Cherbourg. Couthairipton Atlantic Transport line t Xork l-oDdou Direct. RED STAR LINE New Vork Dover Antwerp Paris WHITE STAR LINE lu'ew York QaeenstowD LiTerpool Y.. Plymouth. Cfeerbourr, Sout bampMm Botoo Qaeeniitowii Liverpool MEDITERRANEAN CRUISES From New York and Boston. Kiviera Italy Egypt. WINTER RIVIERA-ITALY-EGYPT Via Madeira. Gibraltar Algiers, Monaco ."ADRIATIC" "CEDRIC" The Largest Mediterranean steamers .NO?. 0, JAN. 7. JAN. tl, FEB. 18, BOOK NOW FOR THE FIRST CRUISES "ADRIATIC NOV. 30 "LAURENTIC" JAN. 8 Company's Office Room "B" Bailey Building;. Second and Cherry Bts., Seattle, or Local Railway anil Ktramsbip Aerrnts. CUV4RD Cruises V. terv V- Y . For Particular apply to CDNARD CRUISE DEP'T. 21 Stile St- New York Or Local Agents. The street pavement is a most important factor in the upbuild ing of cities BARBER ASPHALT has, in every progres sive city throughout the country, and un der the most exact ing tests, demonstrat ed its durability and economy. J. C. WILSON &CO. STOCKS, BONDS. GRAIN AND COTTON MEMBERS NEW YORK STOCK EXCHANGES. NEW YORK COTTON BXCUANQK, CHICAGO BOARD OF TRADE, THES STOCK AND BOND EXCliAAGK, ban ruAAUwa PORTLANlf OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 410, A 4187. TRAVELERS' GLIDE. AUSTRALIA TAHITI and NEW ZEALAND DELIGHTFUL SOUTH SEA TOURS For Rest, Health aid Pleasure. The R. M. S. AoranKl (9000 tons), of the UNION LINK! OP NEW ZEALAND, Bails from San Francisco November 13 for SYDNEY, Via TAHITI, RAROTONGA and WELLINGTON. SPECIAL PACIFIC OCEAN TOUR (including- South Sea Isles) to Sydney via Tahiti, Rarotonga and New Zealand and returning to San Francisco (or Van couver) via Auckland, Fiji and Hono lulu, S325. '1st class throughout. Stop-overs any point en route, good for year. LOW -VACATION RATE St 1st class round trlD to TAHITI $125. to WEL LINGTON S267.50. to SYDNEY S300. Further sailing's from San Francisco December 11. January 8. and every 28 days. Make early application for choice berths. Send for new pamphlet. UNION STEAMSHIP CO. OF NEW ZEA. LAND, Ltd. - i Office: 679 Market St., San Francisco. . LINES WHITE STAR-DOMINION Montreal Quebec Liverpool "MEGANTIC" & "LAURENTIC luest and Finest titeamexa en sit. Lawrence KouUl . Only Four Days at Sea TO B-itOPK IN COMl'OKT AT MUD ERATE KATU-. Twin Screw S. S. "Canada" and "Teutonic" ONb CLASS ill) CABIN bSKVlCB THIRD CLASS CLOSED ROOM. Bsfffage checked throu.h to Steamer in Bund. Embark night before aaliifif Me hotel or transfer expense. CRUISES PANAMA CANAL WEST INDIES SOUTH AMERICA "LAURENTIC" "MEGANTIC" Two Largest, Newest and Finest in th Trade. JAX. 8. JAN. 3, FEB. 8, FEB tt 28 and 20 Days. $175 and Upward. Unsurpassed Luxury and Comfort Mlflcira, uiDrsiisr, sugicr- "LACONIA" Not. 9. Jan. 4 TRANCONIA" Nov. 28, Jan. 18 "CARONIA" Jan. 30, Mar. 15 A LA CARTE 'WITHOUT CRARQB STOPOVER! PERMITTED II 1 TRAVELERS' CCEDK. When you ro south this year stop of el San Francisco th Exposition City. From there to!te a balmy and invifforatins tea trip to Los Angeles, $8.35 ROUND -TRIP ST5.70 San Diego, $10.00 'ROUND TRIP $18.00 Ashort ocean' voyate will brace you up mentally end physically after a Ions, dusty lend journey. Take cither the Yale or Harvard they are swift, silent, safe and offer all the conveniences of ' first-class hotel Fox folders and reservations, apply to PACIFIC NAVIGATION CO. ,660 Market Street 66 Market Street . San Francisco. Calif. . San . Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wednesday Alternately a P. M. NORTH PACIFIC S. S. CO. 123 A Third St. Pliones Mala 1314, A 1311. EXPRESS STEAMERS FOR Baa Fran cleco and Los Anelea ' WITHOUT CHANGE. S. S. Beaver sails 4 P. 51. November 2 THE SAN FRANCISCO & POKTLAND S. S. CO., Ticket Office 13. Third Street. Pbone Main .005, A SS. COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock; Portland, at i A. M., October 30. and thereafter every Tuesday evening at 8 P. M., Freight received dally except Tuesdays up to 5 P. M. ; Tuesdays up to 3 P. M. Passenger fare first class, $10; second class. $7, Including berth and meals. Ticket office at Aim worth Dock. The Portland Coo Bay b4 Line, II. J. Mohr. Agent. Steamer Hassalo for Astoria Leaves Portland. Ash-Street dock, at 10:30 P. M. daily except Saturday, arriving at Astoria 6:80 A. M. " Returning, leaves As toria daily except Sunday at 10 A. M., ar riving Portland 6 P. M. Hassalo will connect with steamer Xah cotta at Astoria for all points to and from North Beach.