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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Nov. 30, 1912)
17 THE MOKXIXG OltECOXIAX. SATURDAY. yOYEMBER 30, 1912 i t DE ii IS BROADER Hops Are Now Being Bought on Speculation. PRICE HAS GONE TOO LOW Feveral Thousand Bale Taken by Traders Who I,ook for a Better Market Later England's Kxcess of Imports. Thar .-was a more genera! Inquiry for rrpa yesterday. Several buyera who have not been operating recently were In the mar ket. The Increased demand, however, wll not accompanied by better prlcea. Aa com pared with a week ago the market, aa a whole. Is off at least two cents. The bet ter grades have suffered with the cheaper aorta as Is shown by the purchase of hops round 14 cents which a short tm ago would have brought 1 or 17 cents. The prices paid yesterday ranged from 8 to 14 cents, according to quality. Among the lots lately sold were those of Benson ft Fteen. of Sllverton. ISO bales, and John Mills. f Brooks. 12 bales. The Hurner lot of T5 bales at Carlton, recently reported dis posed of. Is still unsold. The most Interesting development In the market this week haa been the speculative buying. Operations of this character have not been heavy yet, although several thou sand bales are known to have been taken by speculators. This sort , of business Is likely to assume large proportions before long, as the price of hops la undoubtedly lower thaa It should be, even with the quality as It is. Foreign statistics just at hand show that for the months of September and October. IR12. the excess of Imports over exports Into Great Britain were 83.860 cwts. In 110. for a like period, the total was 46.900 cwts., but for 1911 there was an excess of exports over Imports of 16.171 cwts. Thus. In comparison with last year, there haa been an apparent gain In Imports of 110.731 cwts.. chiefly from the Continent, for the two months. SMALL TRADE rXTIKR WAY TV WirEAT Mill Fred Market Is Firm With aa Upward Tendency. holiday air pervaded the grain market resterday. There was a little demand for wheat at the old prices, but very little was offered. Oats, and barley were slow. Trade In the flour market was quiet at unchanged prices. M1U feed waa firm with an npwarll tendency. Weekly foreign wheat shipments were as follows: This Wk. Last Wk. Last Tr. Argentina S72.PHO 606.000 880.000 Australia 304.000 2(6.000 464.000 India ....464.000 .1.088.000 944.000 Local receipts In cars were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday H0 16 7 13 19 Tuesday loo 14 13 22 l. (Wednesday 13 8 10 16 rhurs.-Fri. .... 104 13 11 23 16 Tear ago S3 2 13 11 32 nion to date. 6977 1132 1013 785 i0 Tear ago 6406 239 1213 773 1536 CALIFORNIA U BEA.V OUTPUT Detailed Figures Compiled by the Growers Association. Detailed figures of the 191 2 pack of Cali fornia dried lima beans based on the canvass ef the Lima Bean Growers' . Association of California verify the early estimates made by that organisation. The reports show that the crop was only about 10 per cent lesa than last year. The 1912 crop In SO-puund mats, used for the purpose of slmplyfylng the results of estimates, according to -the associations re turns, was 100.000 bags of the above weight In Santa Barbara County, SOO.000 In Ventura County. 80,000 In Los Angeles County. 177.000 In Orange County and 6.".000 In Han Diego County, or a total of 1.222.00O pounds. The shipments during September and October to taled 9-!0 cars of 20 tons each. The stock on hand .November 1 was given as 737.000 bga of 80 pounds weight each. There ere held by farmers In bams at the above dale and Included In the total given. 31.156 bHrfs. To make up the difference between the units above given and the total hold ings as shown It is necessary to add St.OOO bags approximately converting the total Into $'-lb. units. PKM.lMt TOR POULTRY AT STANDSTILL Delayed Shipments of Turkeys Find no Mar ket Droscd Meals Firm. There was almost nothing doing in the poultry market yesterday and dealers do not look for demund during the remainder of the week. One or two of the Front-street firms still have a considerable quantity of turkeys on hand; but as a whole the street was cleaned up well. As usual, a number of belated shipments of dressed turkeys came In. one lot reaching the street yesterday. It was necessary to sell these much below Wednesday's price or put them Into storage. Dressed meats were scarce and firm, es pecially veal. Eggs, butter and 'cheese sold at the old price. BANANA TRAIN IS Dl'K TUESDAY Assorted Vegetables'" Received From the South Market Is Firm. There will be no fresh bananas on the mar ket before Tuesday. The banana train was out of Los Angeles last nifcht. A mixed car of fine tomatoes, head lettuce nd cauliflower arrived from the South and there was the usual assortment of vegetables and fruits on the steamer. A car of celery Is due today. Lettuce was quoted firmer at S2.23. due to the advance In California. 6weet potatoea were In light supply and firm. Decline In Turpentine. A 5-cent decline on turpentine was an nounced yesterday. The present quotations are M3 cents for barret lots and 37 cents for cases. Bank Clearing. Bank clearings of the Northwestern cities yesterday were aa follows Clearings. Balances. Portland . Seattle ... Tacoma .. Spokane f2.014.lo0 2.',7.7:i6 2.3S..VJ.-.3 191.449 8K..810 175.C60 e(7,e3 53.122 PORTLAND MARKETS. Grain, Flour, Feed. Etc WHEAT Track prices: Club. 777Sc; tluestem. gOUSlc; 4V0-fold, 78c; red Russian 75c: valley. (9c vt.t-kt-v iii.nt. ti sn tmf barrel straights. $3.90; exports. $3-0O3.70; Val ley. 84.su; granam, xt.2v; wnoie -inei. CORN Whnie. .:;: cracked. $3T per ton. MII.l.STtrFS bran. $22.50 per ton; nAAL.E.1 r - J per ,. ----- Ing. nominal; rolled. $274128 per ton. nnmir.al: r-Mled, J27'ti2S ;r ton. HAY Timothy, choice, $16.50117: oat straw, soirf. Vegetables and Fruits. FRESH FRUITS Apples. 60 $150 per ox: pears. 7'- i t..'.0 per box: grapes. Per box: Malagas. $S per barrel: cran berries, $11.50 per barrel; casabas, $2.50 per TROPICAL FRUITS Oranges: Navels. S2..i06f3.50: Japanese. 81.15fil.23 per bundle: California, grapefruit. $4 35; Florida rrvrnilr 4. &0: lemons. S4 ner box; pine apples, sc per pound; pomegranates, $3 per box: persimmons. $1.75 per box. OV li I Vol nrnn U!)r 6: II nr Sack. oV.T A TC'. V Inhhlnr nHrea: BurbSnk er,jf7Jc pr hundred; sweet potatoes, 10 Xn n,r nntitid. 1 VKGKTA BLES Beans. 12c; cabbage, le p-r pouml; cauMflower. $1.i5 per crate; --l --v. $:i.25 'n 3.50 perVcrat-j; cucum bers. SOCSfw per doxen; eggplant, 10c per pound: ha! lettuce. $2.2'. per crate; pvas. 12e per pound; peppers, So per pound: radishes. 15 910c per doien; sprouts, Sr: tomatoes, 81.50 per box: garlic, 66o V ., J J r DaJr and Country Produce. EJCH5 Fresh locals. candled, 4043c per dosen; Eastern. 27 H C 3Z -4c. CHKEoE Triplets, lac per pound: dais ies. 19-: Toung Americas. 20c per pound. BUTTER Oregon creamery butter, oubea JJc per pound: prints.. S5V S7c per pound. POV.K Fancy. 1010',c per pound. VEAL Fancy. 13 A tt 14c per pound. POULTRY Hens. 12c; broilers, 12c; tur kevs, Uve, 20cj dressed, choice, c" ducks. 13 g 15c; geeso. Ijffl3c Provisions. HAMS All sixes, 18ei9,c; picnics. ISc; skinned. li.Vc: boiled. i7c BACON Fancy, UT&ilSc; choice. 209ZSC. LARD Tierce basis, choice. 15c; com pound. 01 C- DRV SALT MEATS Regular short clears, :3t, 13c- short clear backs. 12 to 18 lbs.. 13teii 15c: ashort clear packs. 18 to 25 lbs.. 13 V-C 15c: exports. 14c; plates, W8H. BARRELED BEEF Extra mess beef, 114; mess beef. 813: extra plate beef. 17.BO; plate beef. 817.50; rolled boneless beef. $30. BARRELED PORK Beat pig pork. I2e; brisket pickled pork. 823. Rope, Wool and Hides. HOPS 19ia crop, prime and choice. 14 9 18c per pound. MOHAiR Choice, 82c per pound. PELTS Dry, 13ic; salted lambs, 00O9OC, sited pelts, short wool. 60c (tf J 1.00. WOOL Eastern Oregon, 14 3180 per pound, according to ahrinage; valley, 21 H it 22 He per pound. HIDES Salted hides. 18lS14c per lb.; salted calf. lc; salted Hp. 18 14c: creen bides. 12c; dry hides, 21 tt 22c: dry calf. No. 1, 25c; No. 2. 20c; green stags, i7a CASCARA Per pound. 4!44fce; car lota. 4&6c- EIGHT CENT HOGS AGAIN MARKET WORKS BACK TO THAT PRICE OX TOPS. Bulk of Sales Are at $7.75 to $7.90. Choice Lambs Adimnce to $6.30. Cattle Steady. There was a firm hog and sheep market at the stockyards. Cattle prices held their own with a light run. - The best price paid for steers during the day waa J8.15, two loads bringing this fig ure. Other stoer sales were at 14 to $3-3-Cows ranged in price from $.1.50 to 88 and a load of light heifers sold at 85.50. Eight-cent hogs are again on the market. The top price was realized on a small load averaging 170 pounds. The bulk of sales were at $7.75 to $7.90. Heavy hogs brought 86.75 and 37. In the mutton division the feature of the day waa the sale of a bunch of top grade lamba at $8.80, the record price of the sea son. A lighter lot of lamba brought $0 Wethers again sold at $5. During the month of October there were slaughtered at the nine markets Chicago, Kansas City, Omaha, St. Joseph, Sioux City, fort Worth, 6t. J-aul and Oklahoma City B28.8S0 head of cattle against 867.983 for the same month last year, a decrease of 39.253 head, and 1,210,918 sheep against 1.011.656, a" gain of 199.262. For the ten months ending October 81 the kill of catye amounted to 4.34.1.821. a falling off of 211. 072 as compared with the corresponding Jeriod in 1911. while that of aheep was 8, M9.S09. n increase of 75,279. Local reeeipta yesterday were 60 cattle, 3!2 hogs. 1S72 sheep and 22 horses. Ship pers were: R. N. Stanfleld. La llrande. 2 cars of sheep; A. R. Bohoskey, Enterprise, 3 cars of sheep: C. D. Brown, Kimberly, Idaho, 2 cars of hogs; A. E. Cherry, Welser, 1 car of horses; Lind & Van Ausdeln, Filer, Idaho, 1 car of hogs; Harry Beekstead, Mc Cammon, Idaho, 2 cars of cuttle: Pomery Meat ft Livestock Association. Pomeroy, Wash., 1 car of sheep and hogs; Hugh CunimlnKS, Corvallis. 1 cur of cattle and hogs, and R. W. Gill. West Sclo, 1 car of cattle, sheep and hogs. The day's aules were aa follows; Weight. Price. 20 steers 916 $r..85 2 steers 800 13 steera 120 14 steers 9S5 5.25 6.15 4.50 4.50 4.00 6.00 B.H0 6.00 6.10 6.10 4.00 4.50 S.50 1.50 5.50 4.00 6.30 6.00 6.00 4.50 8.00 7.00 7.75 6.75 7.75 7.KO 7.00 8 steera 10(H) 1 steer 950 1 eow 1190 A cows li:: 1 cow - 870 14 cows ..... 921 15 cows . 8S4 1 COW S"0 2 cows 1110 A cows ........ 1 cow ........ 20 heifers 1 bull 38 lambs 49 lambs .1001 ,10'H) . 7.10 .1M0 . 102 . 92 . PS . ir.rt . 170 . :t:il . 207 . 342 . KM) ,. I S.", ,. 4ir, 110 wethers .... 5 mixed sheep 5S hogs 12 hogs ....... 6.1 hogs 7 hogs ....... 22 hogs ....... 84 hogs , 2 hogs , 91 hogs 1S5 7.90 The range of prices at the yards was a follows; Choice steers $7.0P$7.25 (lood sters 6.50' 6.83 6.00 (p 6.21 6.00 6.50 5.60(1! 5.75 4.ri0ii 5.25 7.50 a 8.00 6.00 4 7.CO 3.110'ri 5.00 5.00 4 6.00 Medium steers .... Choice cows ...... Good cows ........ Medium cows ..... Choice calves (lood he-ivy calves Bulls Slu?s H ogs Light 7.850 8.00 Heavy 0.75 7.26 4.25 B.M 3.1105 4.75 3.00 W 4.00 4.00 5 SO .oiheep Yearlings Wethers tlwes Lambs V Omaha Livestock Market SOUTH' OMAHA, Nov. 29. Cattle Re ceipts, 2800: market, steady to 10 cents higher. Native steers, $-S."H10; native cows ami heifers. $;:.75& ti.75: Western steers, $5.50$j 8.25; Texas steers, $4.7511.25; Texas cows and heifers, $3. 50-6. 50: can ners, $3$r4.25; stockers and feeders, $4.50 50; calves, $aau; duiis. stags, etc., t4.zita (LOO. Hogs Receipts. 7000; market 10 to 20 cents higher. Heavy, S7.61S7.Sfl; mixed, $7.55ir7.To; light. $7.40s 7.7o: pigs, $t).2S$ 7.25; bulk of sales. $7,506-7.70. Sheep Receipts. 8000; market. 15 to 25 cents higher. Yearlings. $4.S.lr5.85; weth ers. $3.6054.60; ewes, $3.50f 4.25; lambs, $0.75 U 7.00. Chicago Wvestock Market. CHICAGO, Nov. 29. Cattle Receipts, 8000; market, steady. Beeves, $5.6511. Texas steers, $4.400.75; Western steers. $5.50:9.20; stockers and feeders, $4.i5 7.65; cows and heifers, $2.756) -65; calves, xft KCI us 10 .25. Hogs Receipts, 29.000; market, strong. 5c higher. Llgnt. si.utj ..so; mixea, fi.io'ff 7. So; heavy. $7.40 g 7.87'i : rough. 37.40 7.55; pigs, $5.506 7.50; bulk of sales, $7.65 7 Kll. Sheep Receipts. 22.000; market, steady to Strong. .Native, .1..t'?l.J; weaiem, 4.65; yearlings, $5r6.S5: lambs, native, $5.75 47.75; Western. $.'i.i-5i37.75. SAX FRANCISCO PRODUCE MARKET IMcew Quoted at the Bay City for Vege tables, Fruit, Etc SAN FRANCISCO. Nov. 29. The follow ing produce prices were current here today Fruit Armies, choice, 60c: common. 40c Mexican limes. $565.50; California lemons, choice, $5: common, 82: naval oranges, sw 3; pineapples. $i.5or.ou. Cheese Young America, 1718Hc. Butter Fancy creamery. 33c. ERgs Store. 84c: fancy ranch, 44c. Hay Wheat, $23624; wheat and oats, $24622.50; alfalfa, $1214.50; barley, $186 19. Potatoea Oregon Burbanka. 8085c; Sa linas Burbanks, $1,256' 1.35; sweets, $1.25ij 1 fiO. Vegetables Cucumbers. $1.2591-50; garlic, 2'3c; green peas. 3'iS; string beans, fc 10c; tomatoes, 6oc6$l; eggplant, 467c; onions. 306.40c. . ReceiptsFlour. 3610 quarter sacks; wheat. 835 centals; barley. 648a centals eats. 40 centals: potatoes. 200 sacks: mid dlings, 200 sacks; hay. 412 tons; wool, 8 bales. liondon Wool Sales. LONDON", Nov. 28. The offerings at the wool auction sales today amounted to 9025 bales. Competition waa active ana prices were strong, good wools advancing from 7H to 10 per cent. The catalogues which were suitable for the home trade and tne t onti nent contained new clips in good condition, and greasy realised Is 4d. while acoured were readily absorbed at full prices. Va.&l Ktorea FA V ANN AH. ua.. rov. . 1 urvenunv, 33f84c. Sales. 480: receipts, 703; ship ments. 11X7; SIOCKS, ao.einj. Rosin, firm: sales. 4484; receipts. 9351; . 1 . Q I - ,n.lra IlitllM 1 rw . Bnijiinciiiv- - - - - - A. B. C. .V65: P. $5-67i-; V. $5.70; A, $X.T2'4: a. H. $.172 5.73: I, $5.72ts; K. $6.60; M. $7.00; N. $7.20; WO. $7.35; WW, $7.45. HO EFFECT ON 1131 Stock Prices Not Influenced by . Money Flurry. CALL LOAN RATE GOES TO 20 Leading Issues Are Firm at the Close JIarriman Lints Report October Earnings the Largest In Their History. NEW YORK, Nov. 29. The highest rate for call money in several years was today, 20 per cent being quoted Just before the close. Quotations fluctuated In an er ratic way through the day and the bulk of the business was transacted at figures con siderably below the top. The opening was at 6 per cent and renewals were made at I. Aftr mounting to 10 ner cent, the rate fell back to 8. In the late day the quotations rose by leaps until 20 per cent was touched in the last few minutes. It waa the highest rate since January of 1908. . . i ... .aa nnt altogether Ull- A. I1UT1 J III mtfiw " " - " expected, although the comparative ease at .. . , .w .ii- ,A g Mnt afte tne opening anu uib w - 7- m nor -ent was touched had lessened fears of a squeexe. There were indications, how ever, that the recent scarcity of funds might make itself felt in some such way. . ........ .. .. ..l. mar Into the Loans maae iuuuj " , new month and there were preparations to 1- 1. .. einnoiwtnno December In. terest and dividend disbursements. , ..11 warn th Hr&lfi Anotner unscLLiing - - on this center by Canada and the Interior, which threatens to obliterate the surplus . i ...i' hnnlc state- reserve mvHD 111 100. " v " - mit. Forecasts based on known movements of money inaicate a cau ...... 000,000 to twice that amount. The amount of gold sent to canaaa waa m" shipment of $300,000. bringing the total to $1,750,000. The uncertain status 01 mu.i - effective bar to speculative activity in stocks, and the market was listless. ine Harrlman stocks and Canadian Pacific were higher and there were wiue imi ; - .nl Clartr it VeSting speciaiLics, wiun ucii'i .....w, house and Rubber particularly strong. Other wise lluctuations wci n&w . In money was without effect on stocks. 11 rna.(lo wx Pxll Tie? Anil Northern Pacific reported increasei of rounfl amounis id uien whhhb" Sir M t0 ! i!-in u,.ifio nnrl Southern Pa- rui uini, m ui $, , , . ciflc were the largest in their h'8'"" ... The bona maraet gencii - though there was a slight depression in . -...i ... iua ..or value, sa.- some quarters. iuu - 7. I 300,000. United States bonds were uncnangea on call. - 1 CLOSING STOCK QUOTiS-TtuiND. T.,t. kv .1. c Wilson & Co., Lewis building, foruano. Closing Sales. 8,700 1,300 2,300 4O0 too High. 85 65 4 41 124 59 Low. ma tmil CoDner 841 84 Am Beet Sugar American Can .. ii r. nref ei-reil. . 54 40 123 hi 69 67 78 120 tlB't 142 'A 200 43 139 10714 106 92 2o 80 V, 17 55 40 123 59 67 78 106 120 119 142 265 43 140 107 101 106 92 200 80 17 139 114 30 860 46 35 38 142 640 21 25 84 186 45 137 127 19 64 119 27 174 145 27 141 28 43 o 152 , 122 114 38 114 82 123 34 48 123 115 171 27 ill Am Car 4 Fdy. Ain Cotton Oil Am Smel Sc Kef (iii nrufnrred. . 400 08 1.4U0" 70 American Sugar do preferred.. A m Tl M Tel . . 800 100 700 loo 700 2,300 1,500 100 200 1,700 1.S00 1.100 400 120 lilt 142 9s 206 43 14 141 107 tt ioo?, 03 2H0T4 80 18 Am Tobacco Anaconda Atl Coast Line.. ATA Santa Fe do preferred.. Bait 4c Ohio ... rlrook R Tran.. Canadian Fao . . C A: O C G W & N W lit A St Paul. L00 11 800 30 30 ' i'.ioo 'ti'ii '4614 .. ...... ..... ...... ..... ... ...... .. ...... ..... ' V.700 2o" 2614 4"0 34 34 8.1HI0 187 185 tt I no 45 . 45 100 i:;7 337 100 127 127 1.000 19 39tt 6.80O 65 64 "'i(l0 '28 28 1.200 174 174 00 145 144 2,4W 28 27 200 141 141 P."!) 28 2S tt 1,400 43 -43 "66 ii ii4 ""266 114 114 "l.ioo 124" 123 300 35 84 Central Leather. Central of N J. rhino Col Fuel & Iron Col Southern . . Consol Gas .... I) I. Jir W L & R U Distillers' Secur t'pi. ... Oen Electric ... CI North Ore C,t North pf . . . Illinois Central. lntcrboro Met .. do preferred.. Inter Harvester k' C Southern.. i.ehigh Vail, y . . Louis & ivaiu. . Mt-xlcan Central M. SPAS M.. Mo, Kan A Tex Mo Pacific utinnnl Lead . . National Biscuit do Drererred.. N y Central N Y. Ont Af wei North Americau Northern Pacific l'ecitlc Mail .... Ht, ..tt. T &. T . . Pennsylvania ... 1.500 100 81.4O0 2K) 1.500 1,8(M 400 123 4 115 m 28 25 Ultt 29 123 115 171 28 25 111 29 People s lial . .. Reading Kepuouo a a i. Un,.lr Talanit 1 0. Southern Paclllc Southern Rv Texas Oil 119 173 89 37 75 111 tt 63 . 4 7S 83 13.666 178 172 . Union Pactnc . . do Dreterreo I'nited Rds S F U S Steel Cor. . 24,100 75 111 63 "79 83 74 111 1 63 78 61. do prererrea. . Ttah Pnnnr ... 1.500 Wabash Western Union . 1.700 Westing KIlc . . Wisconsin Cent. 52 mconbin v.ciii. - Total sales for the day. 205,500 shares. BONDS. Reported by Overbeck & Cooke Co., Board of Trade building. Portland. . m.1 T.l nnv J 112 112 American Tobacco 4s 95 American Tobacco 6s 120 Atchison general 4s 90 Atchison conv 4s 107 Atchison adj 4s stamped Atchison conv 5s ?J, 97 107 S? 107 95 92 91 87 02 100 99 94 95 98 94 93 77 87 60 94 97 87 80 84 91 9T-' 8att 7Utt 80 79 92 104 97 116 92 98 68 91 93 103 97 102 93 89 7S 77 99 102 90 102 101 101 103 103 114 114 Atlantic coast una cons in.... out .. . V inn T A. "V , 1 1 ' 4. Q.lllrtinl- J6- rhlo 3tl.S. 91 Baltimore & Ohio 4s , 97 . 92 100 99 94 95 97 94 94 77 86 , 66 93 97 86 . 0 , 88 90 89 . 90 . 85 , 70 . 85 , 78 Brooklyn Kasid Transit as. Can Southern firBt 5s Chesapeake A Ohio 4 C B & Q gen mtg 4s C B A Q joint 4s , C B A Q Ills 4s C B & Q Denver 4s Central Pacific first 4s Chicago A East Ills 4s Chicago R I & P ref 4s Chicago R I A P Col trust 4s.. Colorado A southern first 4s.. Delaware A Hudson conv 4s Erie first cons P L. 4s Int Met 4s Japanese 4s Japanese first 4s Japanese second 4s Louisville & Nashville unl 4s.. Mo Kan A Tex 4s Missouri Pacific 4a....: New York Central 3s New York Central L S 8s... New torn i.:ny ... 1 New York City 4i'of 1957 104 -v- f.ll. -L- lVmlnrn Jh. . . 96 Norfolk A Western cony 4s.. N Y Ont A W 4s Northern Paciflo P L ti Northern Pacific 3s Oregon Short Line 4s Oreson P.y A Nav 4s Penna Ry 4s of 1948 Reading general 4s Republic of Cuba Southern Pacific first ref 4s.. Southern Paciflo col 4s Southern Railway 4s j . I . j. A X.1 ref 4s. .......... 114 92 98 64 91 92 102 96 lOl 98 .77 76 nlon Pacific first 4s. 99 union i-cino mo. Union pnciric conv 95 I'nited States Steel S F Ss... Vntted States 2s registered.. United States 2s coupon..... United States 8s registered.. United States 3s coupon United States 4s registered.. Urlted States 45 coupon .101 .100 .100 .102 .102 .113 113 CUNARD Cruises v A Wi PABTB EXPRESS SAILING JAN. 4th Moaac. Naplea rLt'rjIir IL THB CCNAM S. S. CO. Ud 21 iSttle SL, N. . OR LOCAL AGENT8. United Railway 8 F 4s 8 6 Wabash first 4s J Western Union 4s. 95 Jjij Westlnghouse conv 6s J Western Paciflo 5s 4 Wisconsin Central 4a 91 - West Shore 4a tt Money, Exchange, Etc. war vn itir Nov- 29. Money on .call strong. 620 per cent; ruling rate, T per cent; closing nia, ao pcr ' v I"T!menioans strong: 60 days, 6 per cent; 90 days. 6: six months, Btt. Closing: Prime mercantile paper, 6 per cent. . . Sterling exchange easy, with actual busi ness In bankers' bill! at $4.8075 for 60-day bills and at $4.8470 for demand. Commercial bills, $4.80. Bar silver, 3c. Mexican dollars, 48 c Government bonds steady; railroad bonds, steady. . " . LONDON. Nov. 29. Bar silver steady, 29 S-lod per ounce. Money, 3 6 4 per cent. The rate of discount in the open market for short bills Is 4 64 15-16 per cent; for three months' bills, 4 11-1604 per cent. SAN FRANCISCO, Nov. 20 Sterling on London Sixty days, $4.80; do, sight. $4.84. Silver bars, 63 c. Mexican dollars, nominal. Drafts Sight, par; do. telegraph, 2c. Condition of the Treasury. WASHINGTON, Nov. 29. The condition of the United States Treasury at the begin ning of business today was: Working balance- $ 92,617.966 in hanks and . PhillDDlns treasury 33.904,185 Total of general fund 149,300.834 Receipts Wednesday o.osH.an Disbursements 2,702,763 Tha n,i-nliifl thla flftpftl TPRf. SI. 53.787. as against a deficit of $23,133,217 last year. The figures for receipts, disbursements and surplus exclude Panama Canal and public debt transactions. GABLES GOME TOO LUTE WAR NEWS IS OF XO SERVICE TO WHEAT BtXIyS. Market Acts on First Rumors of Peace, and Prices Fall Sharp ly at Chicago. CHICAGO, Nov. 29. Rumors that peace terms had been reached with Turkey put a finishing touch today to a declining mar ket for wheat. Prices closed at a loss of c to 6c net. Later cables, less pa cific In character, were not generally known In time to be of material help to wheat bulls. Huge receipts of wheat northwest of here gave the market reason for weakness from the start. Corn rallied, owing to active buying cred ited to leaders on the bull side. Liquidating sales by December holders weakened oats all around. 6tockyard housese were good sellers of provisions. The leading futures ranged as follows: WHEAT. Open. High. . Low. Close. Dec $ .84 $ .84 $ .84 $ .84 May .00 .91 .89 .90 July 88 .88 .87 -874 CORN. . Deo. ....... .47 .47 .47 .47 Mar 47 .48 .47 .48 July 4S .49 .48 .49 OATS. Dee ...... .80 .31 .SO .80 May 32 .32 .32 .82 July 82 .82 .32 .32 MBSS PORK. Jan 19.80 19.S0 19.17 19.22tt May .......18.62 13.65 18.55 18.57 LARD. May 10.22 10.22 10.17 10.20 Nov 11.30 11.30 11.25 11.25 Dec 10.90 10.92 10.90 10.90 Jan. 10.62 10.65 10.60 10.62tt SHORT RIBS. Jan. 10.27V4 10.27' 10.2214 10.25 May 9.95 9.95 9.90 9.92 Grain statistics: Total clearances of wheat and flour were equal to 1,257.000 bushels. Exports for the week, as shown by Bradstreet 8, were equal to 5,(86,000 bushels. Primary receipts were 2.331.000 bushels, compared with 1,512,000 bushels the corresponding day a year ago. liMtlmatod. xeoeipts for tomorrow : Wheat, 54 cars; corn, 259 cars; oats, 206 cars; hogs, 18,000 head. drains in San Francbfro. 6AN FRANCISCO, Nov. 29. Spot quota tions: Walla Walla, $1.4f 1.47 V, ; red Rus sian, $1.42 v., i$ 1.43; Turkey red, $1.52 Vi J 65: bluestcrh, $1.52 e 1-55; feed barley, $1,421 tail. 43; brewing barley. $1.50 1.7I21 ; white oats, $1.."01r 1.31 ; bran. $J4$24.S0; middlings. $324 33; shorts, $27.iO& 23. Call board sales: Wheat December, $1.47 per cental. Barley December, $1.47 per cental; May, $1.4J 14 per cental. Paget Hound Wheat Markets. SEATTLE. Wash.. Nov. 29. Wheat Blue stem. ?0o; fortyfold. 78J-so; club. 77?c: red Russian. 75Hc; fife, 75c. Yesterday s car receipts Wheat, 29; corn, 8; oats, 2; hay, 8; barley, 1. TACOMA. Wash.. Nov. 29- Wheat Blue stem. 81c; fortyfold, 79c: life and club. 7Sc. Yesterday's car receipts Wrheat, 73; barley, 8; corn. 2: oats, 7; hay, 26. European Grain Market. I.IVERPOOI.. Nov. 29. Closinft: Wheat Spot, firm. No. 1 Manitoba, new, 7a 7!4d. Futures, eagy. December, 7s 3d; March, Ta Mnv 7 2 1 d. English country markets quiet; French country markets steady. Minneapolis Grain Market. MINNEAPOLIS, Nov. 29. Close: Wheat December. 79H tt79sc; May. 85Hc Cash: No. 1 bard. 82c: No. 1 Northern, 80 Vj ffl S2c; No. 2 Northern, 78V4S0c; No. 2 hard Montana. S04c; No. 3 wheat, (uiwiso. Bran $184tl8.50. Flax $1.29ig1.29. i Barley 40 6 5So ' Chicago Dairy Produce. CHICAGO, Nov. 29. Butter Firm; creameries. 29(&35ie; dairies, i-uiifaie. Eggs steady. Receipts, 200O cases; at mark cases Included, 22&25c; ordinary firsts. 24c; firsts, 27c. ... j, . .. 1AV ffllTn- twlna. lO Si 10c; Young Americas, 16tt16c; long horns, AO 7 iy Wool at "St. Louis. ST. lyOUIS, Nov. 29. Wool, steady. Ter ritory and Western mediums. 2125c; fine mediums, ivtl-j'ir; Tine, i.inr, Insist on Bitu lithic paving and cut devra the expense for repairs and in sure Satisfaction Unsurpassed Luxury and Comfort few Madeira. Gibraltar. Algiers. Momaco, Naplea. Alexandria "FRANCONIA" Jan. 18 "CARONIA" Jan. SO. Mar. 13 .TnunVKRA PERMITTED WITHOUT CHABGS . Aiexa- - , trbtht to 3. BEST MONTH CLOSES November Furnishes Record in Many Lines of Business. ' BIG HOLIDAY TRADE SURE Demand for Iron and Steel Products Exceeds the Capacity of the Mills. Dry Goods Situation Could Xot Be Better. NEW YORK, Nov. 29. R. O. Dun A Co.'s weekly review of trade tomorrow will say: November has been in many respects the best month this, country has ever experi enced and every prospect is pleasing for a holiday season of extraordinary activity. The demand for iron and steel products rises higher than the productive and- the transportation resources of the trade. In all Important branches an active business is re ported, and new orders received are in great volume. r-t-mnt inriiniitlnn nolnt to maximum records of production In 1913. It is believed that by the end of the present year- ex ports will figure olose to 8,000,000 tons. There still Is a scarcity of crude steel and premiums are paid for prompt sup plies, with $26. 50 and $27 Pittsburg quoted for open hearth billets for the first quarter. The situation in the drygdods market is eminently satisfactory. Prices are well main tained. In woolens and worsteds business con tinues in large volume. Hides are easier. TRADE MOVES AT SWIFT PACE Jobbers Mere Active and Retail Business Helped by Colder weather. NEW YORK Nov. 29. Bradstreets to morrow will say: Trade continues to move at a swift pace, but owing to Improvements In retail distri bution, the returns are invested wuu . greater degree of uniformity than was here tofore visible. Jobbers, as well as wholesale dealers, are, if anything, more active, while retail trade has been stimulated by colder weather, enlargea crop muvcrawii pansion In holiday buying. Virtually all sec tions, except the South Atlantic States, where the cotton crop Is short, Join in send ing favorable tidings In leading lines. The nub of the situation Is comprehended In the statement that active demands face .. i, 1. 1 l vnalrAa It nntent gnori supplies, n ,1,1.1. i"-- .... -- . that consumption has for tha time outrun production ana tnat previous ouuaci vuvu i t. in aminrig for nrOlYlDt DUyiUS 1 loun-i in --- . - supplies. Re-orders from surplus crop-mov ing sections are reatureu in me ih"1 Business rallures in tne uniteu oiaiw ., .ii-,. vnv.mlir 28 were 247 against 268 last week. Business failures in Canada for the week number 18 as against 27 last week. ... . i l . . .1 1 avnnrtl TrnTTI the w neai, minimi's - - United States and Canada for the week end ing November 28 aggregate 5,688.017 bushels. against 6.114.637 DUSneiS last ween. Corn exports for the week are 1247 bush els against 69.464 last week. Bradstreet's Bank Clearings. ww vfiiiir Nov. 29. Bradstreet's bank ni clearings report for the week ending Novem ber 28 shows an aggregate of JiSoO.OOo.OOO. against $.1,703, 1 t l.imu last ween mm 617.628,000 in the corresponamg ween jom Inc. tl. 031. 586,000 5.9 257.574,0l 17.7 .. .. 120.779,000 5.9 '. 142.64O.0OO 14.3 New York . . Chicago Boston . . ....... Philadelphia .... St. Louis .- 67.765.000 8.0 4S.79S.0O0 1H.7 4H.85S,0O0" 25.2 45,907.000 9.5 s:i,nrK.ono 6.2 hi ono T 7 Kansas City .... Pittsburg San Francisco ... Baltimore Cincinnati Cincinnati - -::""" Minneapolis 'Atv.o n 98 New Orleans "7,!!M"'? S X Cleveland Si'T Detroit ...... i.i.i;i.v"u ..... Eos Angeles 2n- &i 0' 52 Omaha 4.7o .l l o rn..i.ria J I . ni If. ft 'U i".0 l.milville 10,451.000 10.2 Atlanta "'Hr?'1?. H lunil nr U.Ullf.UUU X.D Seattle 10,s..:i.l)nu u.s Kt. Paul 12.so2.imio 20. tluffaln H.Hn-'.UMO -.1-1 Denver K.TS'.i.ow iu.o Indianapolis O.HOS.OUO 1.0 Providence 7.914,000 20.4 Richmond n. inu.uuu o-i ,,-.V,llr, T C .l.t2.000 .1 Memnhis . .' 0,f.94.0U0 S9.S u fi.onh n.BlO.OOO ".8 Salt Lake City H.548.000 17.0 Fort Worth 8.n67.0O0 26.8 Albany .omi.in .o I'nlnmhlii. t 4.94H.OOO 4- srnnah '.22,0nn 9.0 Toledo 40.fl.000 4S.4 Nashville o.hhu.isiu is.o Hartford 4.09:1,000 24.7 SnnVnno Wash :.77.000 IS. Tacoma ................ i Duluth 8.91S.0OO 84.1 Oakland, Cal B.stiS.ooo 10.2 San Diego. Cal a.sol.ono U.nr.inntil Cal 2.040.000 27.4 Helena 999.000 3:5.2 tnVton Cal 014.000 2.4 Rolse. Idaho bu.uuu -a. Decrease. Dried Fruit t New York. NEW YORK. Nov. 2. Evaporated ap pies quiet. Prunes and apricots firm. Peaches iiuiet ana steauy. ivuieiiw iimnuvt, Duluth Linseed Market. DULUTH. Nov. 29. Closing: Linseed, on track and to arrive, $1.29; November. $1.30 tild; December, si.zs; January, i.zv .oia. May. Die To those who have studied the street - paving . problem from I every standpoint, BARBER ASPHALT always conveys more than a mere impression of durability and satisfaction. J. C. WILSON&CO. STOCKS, BOMJS, GRAIN AXD COTTON MEMBERS ' NEW YORK STOCK EXCHANGE. NEW YORK COTTON EXCHANGE, CHICAGO BOARD Of TRADE, TUB STOCK AD BOND KAIIANGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street Phones Marshall 4120, A 4187. nnrn i - THE KINDLY COURTESIES received from onr banking correspondents by those travelers who carry our Letters of Credit, well repay ono for the forethought which led them to secure snch credentials. Our Domestic Letters of Credit are payable throughout the United States and Canada. .. ( UNITED STATES NATIONAL BANK THIRD AND OAK LADD&TILTON BANK Established 1859. Capital Stock Surplus and Undivided Profits Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, available in all parts of the world. OFFICERS. w. M T.ndr1. PrMldent. Robert S. Howard, ABt. CaBhlef. Edward Cookingham, Vice-Pres. w w nunokiev? Cahier. First National Bank Capital $1,500,000 Surplus, 900,000 x Oldest National Bank West of the Rocky Mountains LUMBERMENS NATIONAL BANK OFFICERS President, G. K. Wentworth. Vice-President, John A. Keating. Vice-President, E. G. Crawford. Cashier, F. A. Freeman. Assistant Cashier, Graham Dukehart. Assistant Cashier, A. L. Tucker. Assistant Cashier, F. 0. Cooke. Resources O Millions tf? A MS.ATI WHITE STAR LINE . . New York Queenstown Liverpool. Cedrlo Dec 12 Megantio ..Deo. 24 Baltic Deo. 19 Celtic Jan- N. Y.-PIymouth - Cherbourg Sonthampton Oeeanlo ...Dec. 14 Majestic ..Dec. 2S 'Pbilade'a Dec 21 Oooanlo ..Jan. JS American Line Steamer. n i X.11 ami. Man Ttnlv. mwiwii, ............. -, Canopio. Dec. 1U. Canoplc, ieb. 1. Canopio, Dec. lhuuph;. .. - WMte Star-Dominion, Largest Steamers From Canada . . ... v urn n inrilitiil. Maine. CHRIS TMAb SAILIINUS n..rax. um - s S TS.TRENTIO 8. 8. MEOANT1C, 14,00 tons, MllfiHST FROM CANAD.V AU claesCied 8. 8. XJiUXO.MIU 8. S. CASAUA, Carry las.enBers Onlv In SclSSih to Steamer 1. Bond. Ko Hotrt S fi. TEUTOXIC It 8. 8. CANADA D jg s. s. dominion.. ........ a-p WINTER RIVIERA ITALYEGYPT Via Madeira. Gibraltar. Algiers, Monaco. "ADRIATIC" "CEDRIC" The Largest Mediterranean Steamers. JAN. 7. JAV. SI. FEB. 1. 3lAn. m klSy. .w P"nK "ADRIATIC" JAN. 7 113 or wi San Francisco, Los Angeles and San Diego Direct S S. Roanoke and S. S. Elder. Sh' Every W.dne.l-y Alternately tt P. M. NORTH PACIFIC S. S. CO. 122 A TUlrdat. Fliuuea Main 1314. A 1311. EXPRESS STEAMERS FOR San Francisco and Lo Aneley WITHOUT CHANGE. n n . West Indie, ranama uraa Round South America Larst, Finest and Fastest g- 1 For illustrated liter-lure OPPly" The Royal Mall Steam P'het Co. The 1-aeific Steam Navigation Is. Mr Soriey BmltU, b'J Fifth -t:u, Iortlatia, Mr. uov , fe Ticket Agent. AUSTRALIA AND NEW ZEALAND (Union line of N. Z.) SYDNEY VIA TAHITI AND WEIXTNGTON Direct through steamers, sailing from San Francisco. Dec 11. Jan 8, and every '8 days. The line to th. Isles of the South blafyFor reservations see Coupon Railroad Aeents or address Hind. Rolph & Co.. gen erll agents' T9 Market St.. San Francisco. " COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth docK, PorUand, at 8 V M. December 3, and thereafter every Tuesday evening at 8 P. M. relght re ceived dally except Tuesdays up to 0 P. M.. Tuesdays up to 8 P. M. Passenger far.. it-o!ass. SlO: second class. $7. Inoluding berth and meals. Ticket office at Alas worth dock. The Portland Coo. Bay B IJne; L. H. Keating. Agent. TtS- GPIDB. 1 TRAVELERS" GUIDE. PORTLAND, OR. ...$1,000,000.00 ... 1,000,000.00 J. W. Ladd, Asst. J- U alter M. Cook, Asst. Cashier. .ANTIC LINES I AMERICAN LINE 1 xi v iivmnn4h. r'tierhoiirr. Southampton N. Y., I'lynionth, Cherboors;, Southampton tt. 1'aill ..uec. J '.jwpi..u. --- Plilladel a Deo. 21 New York. ,J.n, Wlilto Mar liino uiobih. Atlantic Transport Line w York Utnilon Direct. Mlnnetonka, D. 14 Minnehaha, Jan 4 Mln'anrs. ..Dec. 28 Mln'waska, Jan 11 RED STAR LINE New York lion Antwerp. Zeeland ...Dec 11 Vaderland, Deo. Si uini.nH .nop. 18 Lattland.. .Jan. a CRUISES PANAMA CANAL West Indies South America " LAURENTIC" "ME6ANTIC" Two Largest, Newest and Finest In the 1. UC JAN. 8. JAN. tt, rEB. 8. FEB tt A anA VU Dm. S17A tttlil ITDWArO. THE FIRST CRUISES I "LAURENTIC" JAN. 8 Whon you go S-jutu mis year atop off at SAN FRANCISCO the Exposition City. From ther tak a balmy and invigorating sea trip to Los Angeles $8.35 ROUND TRIP H5.70 San Diego $10.00 ROUND TRIP 18.00 A short ocean voyape will brace you up menially and, physically after a long, dusty lam! Journey. Take either the Yale or Harvard They are swift, silent, safe and offer all the conveniences of a first-class hotel. For folders and reservations, apply to PACIFIC XAVIGATIOV CO.. 680 Market St., 0 Market St,' San Francisco. Cal. Local Agent: FRAXK BOIXAM. UK d tit., Portland. Main 628 A ol6 JL