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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 3, 1913)
THE MORXI"G OREGOMAX, FRIDAY, JANUARY 3. 1913. 17 E Growers on the Pacific Coast Refuse to Sell. SPECULATORS ALSO FIRM lilds of Twenty Cenls in Yakima Arc Turned Down Market Almost Certain to Advance in Near Fu ture Interest in Contracts. With hop&rowers refusing to sell at pres ent prices and Eastern bids coming through higher, a general advance in the market Is probable in the next day or two. Trading at all points on the coast is prac tically blocked. The growers have had plenty of offers for their holdings, which only stimulates them to hold out for more money. The dealers and other speculators ars equally firm and as the brewers, both In this country and In Europe, have shown that they are in urgent need of hops, the market cannot do otherwise than advance and that very soon. In, the Yakima section 20 cents was of fered for the best hops yesterday, but the growers turned down the bids, believing a 25-cent market is not far distant. Considerable interest is being shown In the 1013 crop. Fifteen cents has been of fered In a number of Instances, and for one crop, 15 cents was bid for one year. Growers are as bullish on the coming crop as on the present one. Beer salos in November, 1012, were 4. "SR.lll barrels, compared with 4,273,446 bar rels in November, 11)11, 4,344,u9 barrels in the same month of lftlO. 3.S4.",5J3 barrels In 1100, 3.845.SU3 barrels in 1908, 4.1i24,059 bar rels In 1007 and 4,174,221 barrels in No vember, 1906. ;raix trade is of small volume Fair Demand for Bluefttem. but Little In terest In Other Hinds. The grain trade opened up quietly yes terday. There was a steady demand for bluestem, but not much interest was shown In other kinds of wheat. Offerings were equally light. Club was quoted at 7980 cents and bluestem at 84 8.1 cents. There was practically nothing doing In the coarse grains. Barley and oats were both quoted weak. - Foreign crop conditions are summarized by Broomhall as follows: I'nlted Kingdom and German:' "Weather conditions continue generally favorahle. Therp has betn rather a better demand for foreign ivhal the past week. Frarne The crop outlook is less favor able owing to continued wet weather, which has caused much vermin and weeds. Of ferings of native wheat are on a moderate scale, this country itil) buying foreign wheat. liuasia In the south the weather Is mild ; 'elsewhere wintry. Arrivals at the ports light. Knumanla Some advices report port stocks as being very heavy, others light. I a in trying to ascertain the truth. The weHt her Is fine and cold. Italy The crop outlook Is favorahle. The north is buying from the south, where ar rivals are very heavy. India Crop prospects are being main tained. North Africa and Hungary There are some complaints heard regarding the con dition of the new seedings. Argentina The weather today Is unset tled. Local receipts, In cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay HOP TRAD BLOCKED Monday l7 15 N Tuesday -i r. r. Wed., Thurs. 1h J" 12 8 8 Tear ago 2li 2 - 2 . 14 2 Season to data 112M2 J4im fl7 1172 Tear ago ... 8175 27 tf 1418 9tfl 1844 REVISION MAY NOT BK RADICAL Eastern Wool Dealers Views of Probable Tariff (imoges. Commenting on the probable wool tariff revision, the Boston Commercial Bulletin aays: "While uncertainty with reference to the tariff outlook Is bound to breed unrest, many In the trade are extracting what com fort they can from the exppression of opin ion on the part of certain Congressmen that the revision which is coming will be much milder In effect than many look for. However, many will be prepared for the worst and will trim sails accordingly. In deed, it would seem that many of the sheep men of the West are already getting ready for the strain judging from the re ports of sheep coming into the Western laughter points. "Openings of woolen goods have been auspiciously made and mills making these fabrics are doing fairly well with them according to all accounts. Overcoatings are also doing fairly well, although the holi days have not been especially conducive to an active trade. The openings of worsted suitings and dress gooda is awaited with some interest by the trade as indicative of the attitude towards a year of uncertainty occasioned by the possibilities In tariff re vision." Temporary Chicken Famine. There Is somewhat of a chicken famine on Front street. Receipts have been small for several days and with a sharp demand yesterday 15 cents was readily obtainable. Other kinds of poultry were also firm. The egg market was firm at 32 14 cents for candled stock, with arrivals light. Butter and cheese were steady at the old prices. Vegetables In From California. The fruit and vegetable trade was quiet yesterday, with ample supplies on the street. Among the receipts were two cars of cel ery from Northern California and a mixed car of vegetables from Los Angeles. Potatoes are being offered freely by farm ers, but the demand is limited, even at the present low prices of 5t)C0 cents a hun dred. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows; Clearings. Balances. Portland $-4i.i;-7 Sj42.723 Seattle 2.:u;l'.::41 2:7,2ii Tacoma H.'.m.'.U'.O 4or"i Spokane I.u40,3i'l lu4,5t3 PORTLAND MARKETS. 'iroln. Flour, Feed. Etc. WHEAT Track prices: Club. 794?SOc; MueKU-m. s4 s.V; 4it-foUf. Sic; red Russian. "So: valley. Sic. Kl.Oi'n Patents. $4.;,t) per barrel; straights. j;i.!)0; exports, $3.503.60; val ley. $4.;o; graham, $4.20; whole wheat. $ I.4U. BARLEY Feed. $22..i9i-2rt.nn per ton: brewing, nominal; rolled, $23. 00 26.50 per ton. t0.;X Whole. $27; cracked. $2S per ton. H.-VY Timothy, choice, 517r1$; mixed Eastern Oregon timothv. l2&'i"; oat and xetch. $12; alfalfa. $11.50: clover. $10: tiraw, J-!r7. X! ILl.STI'FFS Bran. $22 per ton; shorts, $J4 per ton; middlings. $:.0 per ton. OATS No 1 white, J25 y 25.."0 per ton. YeKWahles and Fruit. FREsn FRVITS Apples. AOc$l.BO per box : pears. 75c4i $1.50 per box: grapes $l.i".0 per box; Mtt'.Kgne. $S per barrel, ra n uerr: en. $ 1 0.50 sjf 1 2 per barrel ; casabas. $2.50 per dnsen. POTATOES Jobbing prices: Burbanks. ,i i tfoc ier hundred; sweet potatoes. 2. Q Be per pound. TROPICAL FRIT1TS Oranges: Navels, f 2.25 1r 3.00; Florida. $4: Japanese, $1 per bundle; California grapefruit. Str.t.r.O; Flor ida grapefruit. $125; lemons. $v'$t.50 per box; pineapples, tic per pound; pomegran ites, t-U per box; persimmons, $1.75 per box; tanicerinea. $J.25 per box. ONIONS Oregon. n"c9$L per sack. SACK VKGKTARLKS Turnips. 75c per rack: carrots. 75c per sack: beets, 75c per ak; parsnip'. 75c pr sack. KUKTAilLES Artichokes. $1 V 1-25 per doxen: beans. 12c; cabbage, lc per pound: cauliflower, $2.25 per crate; celery, $33.2o per crate; cucumbers, 5060c per dosen; eggplant, 10c pound; bead lettuce, $L-50&2 per crate; pears. 121c per pound; peppers, 10c per pound; radishes. 1 5 & 20c per dozen: sprouts, 7c; tomatoes. $1.35 1.75 per box; garlic. 5 6c per pound. Dairy and Country Produce. E G G 8 Fresh loca Is, can died, 32 He per dozen. CHEESE Triplets, 19c per pound; dais ies, 19 14 c ; Young Americas, 20 c per pound. BUTTER Oregon creamery butter, cubes, 37c per pound; prints, 3Si 39c per pound. POULTRY Hens. 15e; broilers, 15c; tur keys, live. 24 to 25c; dressed, choice, 27 "stc; ducks, nominal ; geese. 16c. PORK Fancy, lOfylOftc per pound. VEAL Fancy, 13 (jp 14c per pound. Staple Groceries. 6ALMON Columbia River, one - pound talis. $2.25 per dozen; half-pound flats. $1.40; one-pound flats, $2.45; Alaska pink, one-pound talis, S5c; silversides, one-pound talis, $1.25. COFFEE Roasted, In drums, 24 40c per pound. HONEY Choice, $3.253.75 per case. NUTS Walnuts. ISc per pound; Brasil nuts, 12 H & 15c; filberts, 14 f 15c; almonds. 18c; peanuts, 56Hc; cocoanuts, 90c1.00 per dozen; chestnuts, llo per pound; hick ory nuts, 6& 10c; pecans, 17c; pine. 17 H 20c. BEANS Small white. 5.40c; large white, 4 -& 5c ; Lima, 6 c ; pink. 4.70c ; Mexicans, 5c; bavou. 4.65c. SUGAR Fruit and berry. $5.75; Honolulu plantation, $5.70; beet, $5.55; extra C, $5.25; powdered, barrels, $6; cube, barrels, $610. SALT Granulated, $14 per ton; half ground 100s, $10 per ton; 50s, $10.75 per ton; dairy. $12.50 per ton. RICE No. 1 Japan, 55c; cheaper grades. 4c; Southern head, 5 6 c. DRIED FRUITS Apples, 10c per pound; apricots, 12 W 14c; peaches, Sty 11c; prunes. Italians, SfolOc; silver. 18c; figs, white and black, 6hk&lc; currants, 9c; raisins, loose Muscatel, O'&'Hc; bleached, Thompson, 11 14c; unbleached Sultanas, Sc; seeded, T84c: dates, Persian, 76c per pound; fard, $1.65 per box. FIGS Twelve 10-ounce, 85c; 50 6-ounce, $1.85; 70 4-ounce, $2.25; 30 10-ounce. $2.25; loose, 50-pound boxes. 6V4 7c; Smyrna, boxes. $1.101.25; candled, l18c. Provisions. HAMS All sites, 1819c; picnics, 13c; skinned, 1844c; boiled, 27c. BACON Fancy. 27(2Se; choice, 20023c. LARD In tierces, choice, 14 c; com pound. 9 Vic. DRY SALT MEATS Regular short clears, I3fc15c; short clear backs, 12 to 16 lbs., 134ifiil.lt:; short clear backs, 18 to 25 lbs., 1314 15c; exports, 14c; plates, 10llc. BARRELED BETEF Extra mess beef, $14; mess beef. $13; extra plate beef, $17.50; plate beef. $17.50; rolled boneless beef, $30. BARRELED PORK Best pig pork, $23; brisket pickled pork, $23. Hops, Wool and Hides. HOPS 1912 crop, prime and choice, 18 20c per pound. MOHAIR Choice. 32c per pound. PELTS Dry, 13 014c; butcher, $11.33; short wool. 710o. WOOL Eastern Oregon, 14 18c per pound, according to shrinkage; Valley, 21 22Hc per pound. HIDES Salted hides, 12c per pound; salted calf, ISc; salted kip, 13&Jl4c; green hides, lie; dry hides. 22 13) 23c; dry calf. No. 1, 25c; No. 2, 20c; salted bulls, 8c. CASCAKA Perpound, 4&43ic; car lots. 4 Ji & 5c. Unseed OtI and Turpentine. LINSEED Oil Raw, barrels. 50c; boiled, barrels, 52c; raw, cases, 55c; boiled, cases, 57c. OIL MEAL Carloads, $37.50 per ton; less TURPENTINE Barrels. 54fcc; cases, 57c. than carloads, $40 per ton. ALL STOCK ADVANCING lICMiS SJLIj QUARTER, HIGHER AT NORTH PORTLAD YARDS. Prime Steers Bring $7.65; Choice Heifers Are Taken at $7 Good Demand Follows tho Holidays. There was a strong livestock market at the North Portland yards yesterday. Busi ness opened up after the holidays with a good run of cattle and hogs, which were accompanied by higher prices in both lines. A small load of steers was sold at $7.65. an advance of a nickel over the price at the opening of the week. Another load was taken at $7.40. Good cows brought from $5.75 to $6.50. A few choice spayed heifers were taken at $7, the best price so far this season. The hog market Scored a big gain of a quarter, tops finding ready buyers at I. 10. The Btrength of the hog market extended to all qualities, heavy weights selling at $7.10. Receipts -werr 544 cattle, G calves, S09 hogs, 431 sheep and 10 horses. Shippers were A. B. Gale, Airlie, l car of hogs; P. B. Decker, ftilverton. 2 cars of sheep atnd hogs; S. L. Overton, Brownsville, I car of sheep and hogs; Earl Schrinsher, Gazelle, Cal.. 0 cars of cattle; Edson & Poulke Co.. Gazelle, 6 cars of cattle; Wil low Bar Ranch Co., by boat, 120 sheep; North Coast Contract Co., Starbuck, Wash.; 1 ear of horses; W. H. Fields, Idaho Falls, 2 cars of hogs; R. F. Btcknell. Filer and Kimberly, Idaho, 2 cars of sheep; Pomeroy Meat & Livestock Association, Starbuck, Wash., 1 car of cattle and hogs; R. C, rarker, Buhl. Idaho, 2 cars of hogs; F. .-.-Phillips. Baker, o cars of cattle; A. J. Willis, North Powder, 1 car of cattle and hogs; August Benzel, Umatilla. 1 car ot cattle, and J. E. Reynolds, Condon, 3 cars of cattle and calves. The day's sales were as follows: Wght. Price. 1 bull I2;;rt $.-,.00 1 bull 1310 4.75 28 heifers 928 6.35 2 bulls 1265 4.50 1 bull . 570 4.00 5 bulls 1333 4.75 6 cows 1018 3.00 1 slug 920 5.5o 8 cows 1027 5.75 24 steers 1196 7.40 11 steers 12611 7.65 1 steer 1400 7.15 2 cows 940 6.50 23 cows 0C.6 6.50 4 heifers 945 7.00 2 calves 1 5.00 1 calf 240 s bulls I2i:; 5.50 44 hogs 2US 8.10 45 hops 225 8.10 S hoas 190 8.10 6 hogs 340 7.10 99 hogs 178 S.10 The range of prices at the yards was as follows: Choice steers $7.00 $7.65 Good steers d. ."''" Medium steers 6.00 6.35 Choice cows 6.00 6.50 Good cows 5.50 3.75 Medium cows 4.50(q 5.25 Choice calves 7,50 8.75 Good heavy calves 6.00' 7.00 Bulls S.0o;U 5.50 Stags 5.00& 6.00 Light8" 7.50 8.10 Heavy 6.25 7.10 Sheep Yearling wethers .25Sf 5.55 Ewes 3.50 4.50 Lambs 3.00 6-75 Omaha Livestock Market. SOUTH CM A HA, Jan. 2. Cattle Re eelnts, 3ft; rr.arket. slow to 10c lower. Native si?2rs. 5u$t 9.50: native cows an 1 heiftrs. $3.H5i 7.10; Western steers. $5.75 S.ar; Texas steers. $4.60 3 ti. 30; Texas cos s and heifers. $3.50 $T 0.50 : earners. S3.25 4.2" : stockers and feeders, $4.75 7.75; calvs. $.Wii; bulls, stags, etc. $4.406.40. Hoss Receipts. 59o; market, generally steady. Heavy, $7.lvs7.25; mixed. $77.15; liBlit. S.(V5Mifc7.i:; pi$. $5.30 6.75; bulk of ales. $7 tt 7.15. Sh -eti Receipts. 4200; market, steady. Yearlings. 5.7."i j 6. GO : wethers, $4.25 U 5.25; ewes, $4(jt 5; lambs. $7.S0g $.50. Chicago Livestock Market. CHICAGO, Jan. 2. Cattle Receipts OOfl; market. . ftesdy to a shade lower. Beeves, .".S0 t( 5.00; Texas sveers, $4.75 & 5-10 ; West ern steers, $.V7537. 60; stockers and feed ers $4.25 7.60; cows and heifers, $2.85 7.6t; valves, $6,504 H'.25. Hogs Receipts. 2H.000; market, slow, 5c lower than Wednesday's average. 'Light. $7.20 tf 7.5t; mixed. $7.20 7.52 ; heavy, ji 7. '' -ii 7.55 : rough . $7-2" ft Sheep Receipts, 20.0OO: market, slow, at Wednesday s close. Native, $1.55 5.50; Western. $4.40 & 5.50; yearlings, $.10tj 7.75: lambs, native, i6.30tf8.80; Western, $6.40 New York Cotton Market. NKW YORK, Jan. 2. Cotton Spot closed steady. Middling uplands. IS. 40; do, gulf. 13.65. Sales, 16.W00 bales. Futures closed a little off from the best under realising, but firm and from lo to 30 points net hiaher. .laruan. lS.10e: February, 12.S0c: ireh. 12.$4e: April. 12.S4c; May. 12.3c: .1 une. 12.Mc; July. l2.S0e; August, 12. 6M:: September. l.U7r; October, ll.fcec. NEW ORbEANtS. Jan. 2. Spot cotton, middling, 12 15-16. . STOCKS BOUND UP Day's Gains Range From One to Six Points. INCREASE IN TRADING Market Is Broad With Indications of Prouou need St ren gt h Easier Tendency of the Money Market Shapes Speculative Sentiment. NEW YORK, Jan. 2. The opening of the new year on the Stock Exchange brought with it Increased activity, a broader mar ket and pronounced strength. While the day's total transactions were not large, they represented an increase and In the first hour as much business was done as on some entire days recently. Not only the standard railway and indus trial Issues, but many of the less prominent shares rose, gains ranging from 1 to 6 points. Southern Pacific was the exception among the leading Issues. This stock was under pressure steadily and fell back a point. Western Maryland also was weak, losing 2fc. The easier tendency of call money played a part in shaping speculative sentiment. Foregn exchange rates stiffened sharply, de mand rising more than 50 points. Predictions of an advancing market for foreign exchange were based upon expecta tions that monetary conditions would be come more favorable with the passing of the year-end period. It was pointed out that, although call money might relax fur ther, there was less likelihood of easier rates for time money, owing to the enor mous demands for new capital abroad and for readjustment of railway and corporate accounts in this country. The bond market was Irregular, with a good distribution of business. Total sales, par value, $2,046,000. United States 2s de clined M. on call. CLOSING ETOCK QUOTATIONS. Reported by J. C. Wilson & Co., Lewis building, Portland. . Closing Sales. High. Low. Bid. Amal Copper . . 46,400 fi 7'-H Am Beet Sugar. 4.00 50 Vi 48 4$ American Can.. 2.00 .11 It04 .0i do preferred.. HOO lie-H 116 16 Am Car & Fdy.. MM) 56 55 55 Am Cotton Oil.. 500 57 57 57 Am Smel & Itef. B.IKiO 74 73 3 do preferred. . 100 106 106U 105 American Sugar 117 do preferred. . 300 116 316 115 Am Tel & Tel.. 400 139 ,139 i3i Am Tobacco pf ' 27S Anaconda 4,500 41 40 41 Atl Coast Line. . 1.100 131 131 13! ATA Santa Fe. 1.2H 106 105 PK Bait & Ohio ... l,4iK 106 10R 105 Brook R Tran.. 2.7O0 02 Jl 01 Canadian Pac .. 11.800 264 25! 264 C A O 1,600 80 70 itt C & O W 500 16 16 16 C & N W ."HtO 136 136 136 C, M & St Paul.. 2.400 113 113 113 Central Leather 2K) 29 2ft -' Central of N J . 30 4?hino 15,200 47 46 47 Col Fuel & Iron COO 34 34 31 Colo Southern 32 Consol Oas 800 1 41 140 140 D L ft W 350 D & R G 2m Distillers' Secur. 500 21 21 2i Erie 1.500 32 32 32 Gen Electric .... 400 1S7 1S6 J 83 Cit North Ore 41 Gt North pf T.fiOO 131 131 131 Illinois Central. nurt 127 327 J26 Interbor Met ... 3.400 1! 18 1S do preferred.. 2.200 64 04 64 Inter Harvester. 700 112 112 112 K C Southern .- 100 27 27 27 Lehigh Valley.. 5.3(H) 1S 167 107 Louis & Nash.. 200 142 141 142 Mexican Central 8W 27 27 27 M, S P & S S M 200 140 140 142 .Mo, Kan & Tex. 1.400 , 28 27 2S Mo Paclnc 3,000 42 41 42 National Lead.. 10 r.8 56 53 National Biscuit 800 128 125 128 N Y Central . . . 3f 10 100 100 N Y, Ont & Wes 400 31 31 31 Norfolk & West 113 North American. 100 SO 0 80 Northern Pac .. 1.3O0 122 121 12i Pacific Mall ... 900 31 3i VI Pacific T & T 46 do preferred.. !6 Pennsylvania ... 1,M 122 121 121 People's Gas .. 200 115 115 114 Reading 31,500 6K 117 16S Republic S & I. :il0 26 26 20 Rock Island Co. 600 24 24 24 Southern Ptic .. 13,000 107 105 lo". Southern Ry ... 600 2 8 28 2 Texas Oil 40 112 112 111 Union Pacific .. 21.000 K1 !; 161 do preferred.. 300 02 ,'2 .I2 United Rds S F. 300 35 3ft 34 U S Steel 0iM 110 110 110 Utah Copper .. 7,400 60 5W 00 Wabash 4 do preferred 13 Western Union .. 20O 73 7" 74 Westing L'iec .. 1,600 79 7: ' Wisconsin Cent -51 Total sales for the day, 31S.S0O shares. BONDS. Reported by Overbeck & Cooke Co., Board ji Trade buuaing, foruana. Bid. Asked. Amer Tel & Tel conv 4s 100 100 American Tobacco 4s Wi 96 American Tobacco, Os 120 .... Atchison general 4s 15 05 Atchison conv 4s 105 106 Atchison adj 4s Btamped 87 8S Atchison conv 5s 105 liMi Atlantic Coast Line cons 4s.... 05 U5 At coast Une "L. &N coll" 4s. 9116, H2 Baltimore & Ohio 3s 80 81 Baltimore & Ohio 4s 97 !i Brooklvt, Rapid Transit 4s 91 82 Can Southern first 5s 100 100 Chesapeake & Ohio 4s 100 lm C B & Q gen mtg 4s 4 85 C B ft Q Joint 4s 85 85 C B & Q Ills 4s 89 C E & Q Denver 4s 84 95 Central Pacific first 4s 94 95 Chicago & Eastern Ills 4s 77 78 Chicago R I &P ref 4s S6 87 Chicago R I ft P Col trust 4s.. 3 Colorado & Southern first 4s... i3 94 Denver & Rio Grande 4s 87 KS Del & Hudson conv 4s 97 97 Erie first cons P L 4s 86 s7 Int Met 4s 80 81 Japanese 4 82 S4 .lapuneea first 4s 10 90 Jaranese second 4s SS 88 Louisville & Nashville uni 4s... KS iS Mo Kan &Tpx 4Vi SO 87 Missouri I'.-cllic 4 70 71 Xew York Celitial :t.s 86 87 New York (' utiai 1 S 3s 78 79 .t;v Ycrk City 1l 91 92 New York City 4s of 1957 H4 104 Norfolk & Vcnern 4s 96 97 Norfolk & Western conv 4s 14 104 N Y Ont ft W 4s 93 - t5 Northern Pacific P L, 4s 8S Northern Pacific 3s OS 6S Oregon Short Line 4s 91 92 Oregon Ry ft Nav 4s 3 93 Ttnna Ry 4s of 194S 101 102 Reading general 4s 96 97 Republic uf Cuba 7 101 101 Southern Pacific first ref 4s... 93 93 Southen. Railway 4s . . 77 73 St L ft S F ref 4s 47 75 Cniou Pacific first 4s 9Si 99 Union Pacific conv 4s 86 i 87 Union Pacific ref 4s ft6 98 United States Steel S F 5s 101 102 United States 2s registered 101 lul United States 23 coupon 1U1 101 United States 3 registered 102 103 United States 3s coupon 102 103 United states 4s registered 113 114 United States 4s coupon 113 114 Wabash rirst 4s. 64 65 WesCnfchouse. conv osr 93 93 Western Pacific 5s S6 S7 West shore 4s 97 us Stocks at Boston. BOSTON, Jan. 2. Closing quotations: Allouer 42 (Mohawk 63 Amalg Copper.. SO Neada Con . 19 A Z L ft Sm... 30 Nipissinr- Mines. 8 Arizona Com .. 4 North Butte 34 B ft C C ft S M. 6 jNorth Lake 2 Cal ft Arizona. . 72 (Old Dominion.., 55 'al & Hecia. . . .54 lOsceola 104 Centennial IS Qui'-O" 79 Coo Ran Con Co 52'Shannon j;i K "Butte Cop M. 14 Superior 40 Franklin 84 Sup ft Bos Min..l36 tiimux Con .... 3 v. Tamarack 37 Granby Con ... 7":u Cfi R A M... 43 ijree'ne Cananea. !' do preferred... 4S I Royalle tCop) 33 Utah Con 11 Kerr Lake 2jUtah Copper Co. 6 like Copper.... 26 ! Hi it on a 3 U Salle copper 5lWolverine 73 Uiam i Copper. . . 2 ; Money, Exchange, Etc'" NEW YORK, Jan. 2. Money on call firm. Highest 6. per cent, lowest 4; ruling rate, 5; last loan, 0: closing bid, 5; offered at 5. Time loans weaker. Sixty days, b 5 per cent, and 90 days. 55; six months. 5. Prime mercantile paper, 6 per cent. Sterling exchange strong, with actual business in bankers' bills at $4.82 for 60 day bills and at 4.o for demand. Commer cial bills. 14.81. Bssr silver. 63. Mexican dollars, 49. Government bonds heavy; railroad bonds irregular. LONDON. Jan. 2. Bar silver, steady, 29 5-16d per ounce. Money, 21f3 per cent. The rate of discount in the open mar ket for short bills is 4 9-164 per cent; for three months' bilis, 4 9-164 per cent. SAN FRANCISCO. Jan. 2. Sterling; on London Sixty days, $4.81 ; do, sight. S4.S5. stiver oars, tk; Mexican auuan. uur- inal. Drafts, sight. .01; Jo. telegrapn, .00. Condition of the Treasury. WASHINGTON. Jan. 2. The condition of the United States Treasury at the beginning or business today was: Working balance 9 81,778.341 in banks and Phil. Treas i,iw.mu Total of general fund 143,576,381 Receipts Tuesday were 3,090.905 Disbursements 383,9t9 Deficit this fiscal year, $1.521. 938. as against a deficit of $21,387, 455 last year. The fisrures for receipts, disbursements ana deficit exclude Panama Canal and public debt transactions. SAN FKANC1SCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables, Fruit, Etc SAN FRANCISCO, Jan. 2. The follow ing produce prices were current here today: Fruit Apples, choice, 60c ; common. 40c; Mexican limes, $4&5; California lemons, choice, 15.50; common, $1.50: navel orange $1.252.50: pineapples. 42 3.50. Cheese JYoung America, 1415c. Butter Fancy creamery, 3c. Ejfgs Store, 27c; fancy ranch, 24 c. Hay Wheat, $2334; wheat and oats, $2122.5U; alfalfa. $12.50015; barley. $l?9 19. Potatoes Oregon Burbanks, nominal; Sa linas Burbanks, $1.10 1.35 ; sweets, $1.85 2.00. Vegetables Cucumbers. $1.75 2: garlic. 2&3c; green peas, 7 12c; string beans, 10 20c; tomatoes, 60c5i$l; eggplant, 47c; onions, 4O?50c. Receipts Flour, 1154 quarter sacas: wneai. 1355 centals:, barley. 2400 centals; oats, 980 centals; potatoes, 7495 sacks; bran, 535 sacks; middlings, 45 sacks; hay, 320 tons; wool, 8 bales. Metal Markets. NEW YORK, Jan. 2. Copper, steady. Standard spot and January. 17.1217.3ic; February, 1 7.VJffr 17.32c; March. 17.12 17.25c; electrolytic. 17.02 & 17. S7c; lake, 17.217.S7c; casting. 17.25 17.37c. Tin. easy. Spot, 50.0U& 50.75c; January. 50.40 50.50c; February and March, 50.200 5o.:;0c. Lead, steady. 4.25 14. 35c. Spelter, steady, 7.2O7.40c. Antimony, quiet. Cookson's, 10 10.50c. Iron, quiet and unchanged. Exports copper for month of December, 29.274 tons. London copper dull. Spot, 77; futures, 77 12 6d. Local exchange sales tin, 75 tons. Iondon tin dull. Spot, 229 10s; futures, 228 17s 6d. London lead, 17 17s 6d. London spelter, 26 5s. Iron, Cleveland warrants, 67s .td In London. Local exchange sales copper, 25 tons. Coffee and Sugar. NEW YORK. Jan. 2. Coffee futures closed quiet, net two points higher to three points lower. Saies. 4U,.u. January, ld.xc; j?eo ruary, 13.32c; March. 13.52c; April. 13.64c; Mav 13.76c: June. 13.84c: July, 13.hc; Aug ust, 13.99c; September, October, November and December, j4.uoc. 6pot coffee quiet. Rio 7c, 18c; Santos, 15c. Mild coffee quiet. Cordova 1618c. Raw sugar steady. Muscovado, .89 test. 3.23c; centrifugal, . test, ii.uc; moiasses, .SO test, 2.98c; refined quiet Naval Stores. SAVANNAH. Ga. Jan. 2. Turpentine firm. 38 38c. Snles. 1007; receipts, 1970; shipments, 75,'iS; stock, 30,232. XIUMIH illllii ijaic.i, , 1 j--. u, . shipments. 644; stock. 147,213. Quote: A, IO 50.T; , rt, . X'. .o--'. r... ..rv , a, ..i'u, F, $5.553.65: O, $3.600' 3.70; H, $5,409 n.721; I. $5.63-55.72; K. $6.33; M, $7; N, $7.25; WG, 37.35; WW, $7-45. Chicago Dairy Produce. CHICAGO, Jan. 2. Butter steady. Cream eries, 27 35c. receipts at mark, cases Included, 20 23c; re frigerator firsts, 1 7 (& 1 7 Vs c; firsts, 24c. Cheese steady. Daisies. 16 17c; twins; 16&16c; Young Americas, 16pl7c; long horns, 16 17c. Wool at SI. Louis. ST. LOUTS, Jan. 2. Wool, steady. Terri tory and Western mediums, 21&25c; fine mediums, j&rffzue; nne. iayic. Dututh Flaxseed Mlarket. DULUTH. Minn., Jan. 2. Linseed on track and to arrive, $1.25; January, $1.25 asked; May $1.28 bid. Dried .Fruit at New York. Evaporated apples, quiet; prunes, dull ; peaches, quiet. Hops at New York. NEW YORK. Jen. 2. Hops Quiet. Kllcnsburg Wants Farm Export. ELLENS BURG, Wash., Jan. 2. (Spe cial.) A farm expert who would be capable of g-iving: specific instructions relative to crops and ranch problems is proposed by the Ellensburg- Chamber or Commerce. Representative-elect E. K. Brown has prepared a bill for the purpose, to submit to the Legislature at the coming session, and has sent mimeographed copies to the members of both houses. All are said to be in favor of the measure, and Brown will leave for the capitol in a few days to work in the interests of the bill. DAILY METEOROLOGICAL REPORT. Maximum temperature, 54 degrees; mini mum temperature, 40 degrees. River read ing, S A. M.. 10.4 ft. ; change in last 24 hours, O.r.-ft. fall. Total rainfall (5 P. M. to 5 P. M.j .0) inches; total rainfall since sepie.riocr j, jau, n.o incnes; normal rain, fall since September 1, 19.84 inches; defi ciency r t rainfall since September 1, 1912, 2.24 inches. Total sunshine, 1 hour 35 min- utes; fusible sunsh.ne, 8 hours 44 min utes. Parometer (reduced to sea level) at o if. Al., ;jv.43 incnes. THE WEATHER. S T Wind E u3 - 2- O S I 3 STATIONS. 5 2 '"l, S S3 : ? c . Baker Boise Boston Calgary Denver Des Moines Duluth Eureka Galveston Helena Jacksonville Kansas city .... Laurier Medford Montreal New Orleans . . . New York North Head Nortli Yakima . . phoenix Pocatello Portland Roseburg Sacramento St. Louis St. Paul Salt Lake ian Francisco . Spokane Tacoma Tatoosh Island . Walla Walla Washington .... Winnipeg 34 0 .0O 4: NWIClear N Cloudy N cioudy W -Cloudv NW:Pt. cloudy W Cloudy W Snow N Cloudy OU 4 ,0O 4 .OII'IS .00!2llj .00 4 .till 8 .U0 54'l 20 0 4S-I) 30 0 24 0 52 0 680. ("!24 ,(Xll40' .92 20 .00'12 .O0 5 .001. . . .W'Clear SW Cloudy S Rain W 'Clear 34 0 34 0 Pt. cloudy Clear Pt. cloudy Clear Cloudy Cloudy Pt. cloudy Clear Cloudy Cloudy Pt. cloudy Clear 5010 .! u 72 0 50 0. r.nio 60 0. 00 o 30'0 .00-24 - .00 20 NW 0012: sw (101 4 W OOi B on! 4 no 20, Oil 8. N N SE r.4 o :-o. 011 4 SOjO.OO! 4 40U.H1!12 NWClear NW Snow NWICloudy NW Clear SW Irioudy W IRain W Ham SW Icioudy SE Cloudy . . .'Clear ISO .00112 30 0 ES 0 46 0 4-S (I .OU! 001 ool oo! 4-0 7U 161 0014' 00 -O 52,0 .00 4 I 00; WEATHER CONDITIONS. A torm of marked energy is central over Southeastern Alaska, and a Urge hih pressure area extends from Oregon Houth eastward to the West Gulf states. The bar ometer is falling rapidly in the Middle West and in the Atlantic states. Light rain has fallen in the Pu?t Sound region. Western Montana and in the Atlantic states. It Is murh warmer in the Northern Rocky Moun tai nstates ind correspond inly cooler In the Mississippi ValWy Storm warnings were or dered this mominj? for the disturbance over Alaska, tout apparently it has made but lit tle procress ir. this direction since morn ing, and only vessels going northward need have any apprehension regarding this dis turbance during the next 12 to 24 hours. The conditions are favorable for fair weather in tl.is district Friday, except in Northwest Oregon, Washington and North -em Idaho, where occasional rain may be expected. It vi be cooler in Western Ore gon, Eastern Washington and Northern Idaho. FORECASTS. Portland and vicinity Friday, occasional rain. Southerly winds. Oregon Friday, fair. except occasional rain northwest portion, cooler west portion. Southerly winds. Washington Friday, occasional rain, cooler east portion. Southerly, winds. Idaho Friday, fair south, occasional rain north portion, cooler north portion. EDWARD A. BEALS, District Forecaster. show causes drop Wheat Prices Fall 'When Drouth Is Broken. EARLY GAINS WIPED CUT Realizing; Sales Brought On by Re ports of Change in Wen (her in - Missouri and Illinois Cause -of Strength at Liverpool. CHICAGO, Jan. 2. Snow and sleet in Southeastern Missouri and Southern Illinois turtit'u .many wheat traders today to the selling side. Tha result was to wipe oat nearly all of an early advance. Closing prices were steady at a gain of a shade to V4c net. Uneasiness concerning dry weather all over the Southwest had much to do with Riving the wheat market a , firm start. Strength ut Liverpool, believed to ba due m conslderablo part to unfavorable reports about danger to tha Winter crop in the United States, attracted wide attention and helped keep prices on the up gradft until midday, when the snowfall brought on real izing sales, despite knowledge that the storm was confined to narrow limits. Corn rose and fell with wheat. Cash grades were unsettled. homo improvement in shipping demand hardened the oats market. Provisions dropped on acccount of a lib eral run c'f hogs. There was an average setback of Sc all around. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. May ......J-.91H f .2 t .SIM t May 1 .92 .91 "i .91 ij July snt, ,H .SH Sept. , .88 .8SH .SO .SSI, CORN. Jan 45 ...... Way 4S .48 4 July 4V, .44 Sept 50 .50 4 45 .48'i .40 .4S .4 .50 .001. OATS. May 3'Ji .32!, .31 July :r .SR .32', .33 Sept 3 .3214 32, M: MESS PORK. Jan I7.42t4 17.4714 17.421, 37.42 May 17.92 17.97Vi 17.92 17.95 ' LARD. Jan 9.52 9.57 9.52 8 52 May 9.72 9.75 9.70 .(U Cash quotations were as follows: Corn No. 2 white, 48 c: No. S yellow, 47c; Xo. 3, 4545c: No. 3 white, 46 47c; No. 3 yellow, 45ig45c: No. 4, 42 44c; No. 4 white, 4446c; No. 4 yel low. 42!444ic. Flour Steady. Rye No. 2. 62 f 63 Vic. Barley Feed or mixing, 49&52c; fair to choice malting, ossibSc. Timothy seed $3Si'3.!0. Clover seed $10 (it 18.50. Pork Mess. 117.606 17.62. ard In tierces. 69.55. Short ribs Loose. $99.75. Total clearances of wheat and flour were equal to 809.000 bushels. Primary re ceipts were 1.998,000, compared with 282,000 bushels a year ago. Estimated receipts for tomorrow: wheat. 81 cars: corn, 623 cars: oats, 308 cars; hogs. 25.000 head. . European Grain Market. LONDON. Jan. 2. Cargoes on passage, firmly held. English country markets holiday. French country markets, holiday. LIVERPOOL, Jan. 2. Closing: WTieat, spot steady: futures, firm: March, 7s 4d; May, 7s 2 94d; July,7s 294d. Mtaneaoplis Grata Market. MINNEAPOLIS. Jan. 2. Close: Wheat, Mav. s ;c: Ju v. s,o. (. losinc. easn no. i harA fUUc- Kn. 1 Northern. 82V4 (fiS33fce: to arrive, S2S3c; choice, to arrive, 83c; ?o. nonnern. ?ui3irc; ij. Montana, S3u: No. 3 wheat, 7tl79c Grains in San Francisco. SAN FRANCISCO, Jan. 2. Spot quota tions: Walla Walla. $1.47 (&1.50; red Rus sian. 31.46'4 : Turkey rea. l r.n- MiiHtem. Sl.rj5GEl.57 : feed barley. 11.32 i 1.35; brewing. XI. 42 a 1.47 ; white oats. Il.4r.iifl. 47 ; bran, $22.50 23.50; mid dlings, S30fo'31; snorts, az.-p.o. Call board sales; U'heal V.av. SI. 32 bid. Barley Da- cember. 1.2t bid, $1.32 asked: May, $1.32 bid; S1.34 aeked. Fuget Sound Wheat Markets. TACOMA, Jan. 2. Wheat, bluestem, 84c rortyfoid, S0c; club, 79c; red Russian, T7c SEATTLE, Jan. 2. Wheat, bluestem, 83c fortyfold, 82c; club, 81c; Fife, 80c; red Rus sian. 78c. Yesterday's car receipts, wheat 2; oata 1 barley 1, hav 23, flour 10 TRAVELING MAN IS BEATEN Gold Displayed in Saloon Deposited Before Robbers Get Action. Display of a number of gold pieces in a downtown saloon, by John Lefving, a traveling man lodging at the La Salle Hotel, led to his beinir enticed into a taxicab by two men for whom the police are seeking:, conveyed to the Piedmont carbarns and there beaten almost Into insensibility. The thugs obtained 25 cents and a watch for their trouble and presumably had to pay the taxicab bill. Lefving, who is said to have partici pated in a purchase of wine by the bot tle, struck up an acquaintance with the two strangers, who were well dressed and plausible. He exhibited a sum of money, close to $100. After a time Lefvlng announced that he was going to a Turkish bath, and the two men proposed to accompany him, and suggested a taxicab. Unknown to them, the intended victim deposited his money before leaving. ' uour at a bank that is in active sympathy with, its depositors. The man who has a personal ac quaintance with his banker is under a dis tinct advantag-e. Come in and talk it over with us. HARTMAN THOMPSON BANK Chamber of Com. Bids. Fourth aad Stark Sta. J.C.WILSON&CO. STOCKS, BO.VDS, GBAI.V A.VU COTTO.V MEMBERS XEW YORK STUCK EXCHANGE. SEW YORK COTTON EXCHANGE. CHICAGO BOARD OP TRADB. THIS STOCK A NO BONO UXHAftGK. SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street Phones Marshall 4120, A 4187. wsmtm 1 7' Savings Depositors In this bank have the assuranre of safety which Government Snpervision affords, four per cent interest paid on savings. LUMBERMENS National bank . CORNER FIFTH AND STARK. 6 RESOURCES LADD STILTON BANK Established 1859. Capital Stock $1,000,000.00 Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, available in all parts of the world. OFF1CEI1S. WT. SI. Ladd, President. Robert S. Howard. Asst. Cashier Edward Cookingham, Vlc-Pre. J. W. Lad J, Asst. Cashier. W. a. Uunckley. Cashier. Walter M. Cook. Asst. Cashier. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of ths Reeky Mountains The Canadian Bank of Commerce HEAD OFFICE, Toronto, Canada, Established 1867. Sir Edmund Walker, President A general banking business transacted. Interest paid on time deposits. PORTLAND BRANCH, Corner Second and Stark Sts. F..C. MALPAS, Manager. The safety devices on your automobile have their mission, but the foundation of automobile safe ty is Bitulithic pav ing. Boost for it. TRAVELERS' GUIDE. SYDNEY SH0RT LINE AUSTRALIA 19 DAYS VIA HONOLULU AND SAMOA tmc njCASAprr and comfobtabue routs SPLENDID TWIN SCREW 10.000-ton .teamen "SIERRA." "SONOMA" and YKNTliltA." . FOR REST, RECREATION and PLEASURE no other trip compares with tbii in SUMMER or WINTER. STEVENSON said o( Samoa: "So part of the world eierta the same attractive power upon the vuitor." $110 HONOLULU &ctar SYDNEY $3C0 R0UM0 THE WORLD $600 lrt cabin; $375 2d cabin, rix Ceylon, Egypt, Italy, etc Liberal stop-ovirg. Honolulu sailings Dec. 17, 31. Jan. 14 and every 14 days. Sydney salilnca Dec. 17. Jan 14 and every 28 days. Wnte or wire NOW for berths. Send tor folder. OCEANIC STEAMSHIP CO, 673 Markft SU San Frandsea COOS BAY LINE (sTKAMEK BREAKWATER all from A ins worth dock. Portland, at A.. M. December J, and thereafter erei Tuecday evening at 8 P. M. Frelfbt re ceived dally except Tuesday up to 5 P. k . Tueidays up to 3 P. M. Paaseng-er tai firat-ciaM. $30; second class. $7. Includtixa berth and meals. Ticket office at Alas worth dock. The Portland Coos Kajr Lloos 1 U. Keating;. A cent- NEW YORK -PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule Time. AMERICAN-HAWAIIAN S. S. CO. 315 Kail ix. J- luxchansw Bids. Portia.. Or, ttaia uari. A 3933. SAN FRANCISCO DIRECT $6 SIO $12 INCLUDING BERTH, MEALS AND BAGGAGE Brand New Stl Ship Camlno, one of the largest on the Coast. All upper deck staterooms, exceptionally large, with telephones and all modern con veniences. Sails Monday 3:30 P. M., January 6. Make reservation at once. San Francisco, Portland & Los Angeles Steamship Co. 'rank Hullam, Agent, Main 20 124 Third Street. A 4584. MILLIONS TRAVELERS' GUIDE. AKERIGjiV In the World largest 8. 8. Co. tPatrlcl. Jan. 9. 10 A. M Pre, t.rnnt Jan. lit. 13 noon Kslcerln Aug. Vic. Jan. . A. M. tPriin.vlvBnia Jan. 30. 1 P. M. tHamburg direct, 2d cabin only. MEDITERRANEAN Madeira. Gibraltar, Algier, Nanlea and Genoa. S. S. HAMBl'KO. .Jan. 11. 11 A. M. (11,000 tona.) 8. B. HAMBURG. .Feb. 22. 10 A.M. CRUISES TO THE Panama Canal AND THE West Indies FROM NEW ORLEANS RV THE Is. S. Kronprinzessin Cecilie (U000 tons. Leaving JAN. 23. FEB. 10 The Idenl Route for Tourists from Western States. 16 DAYS$125 r Also Cruises Around tho World, Write for booklet stating cruise. Hamburg-American line 160 Powell St., Ban Francisco. Cal;. O -W. R & N. Co.. Nor. Pacific, r & R. G. R. R.. liurlln&ton Route. xt UwRukee & Puttet Sound K tU, i Great Northern Railway Co.. Dorssy B. bmltn. U'J r nil. su, land. Oregon. Copyright 1912. San Francisco, Lss Angeles and San Diego Direct S. S. Eoancke and S. S. Elder. all livery Wctineadar Alternated a a I. M. N0KTH PACIFIC S. S. CO. 122 A TbirU M. l'liuae. Alala 1314. A UU mt "war o KXrRESS STK,VJtER8 FOR San Francisco and Los An.elea WITHOUT CHANGK S. 8. BEAR aalla 4 P. M. January THE SAN FKAKCISI'O & PORTLAND 8. S. CO.. Ticket Office 1M Third stmt, l'houc Main 2603. A 2530. LOS AVtiKLKS AXI SAN IJE(iO STEAMSHJI'S VALE AND HARVARD Railroad or any steamer to San Franci.co, the Expo City. Largest, fastest und tha ONLY strictly first-class passengpr ships on the Coast. Averae. speed 2& miles par hour: com J'-'.OOn.ooo each. BAN lTtlSfM'O. POHTLANn L. A. S. H. CO.. Main 3C Frank Bollain. Affent. . A 406. 124 Third Mmt. OVFR400 ? NW TONS siura fjr Tsv ff Atlantic a, ff Service ff London, Paris, S Hamburg ftPatrlrl. Jan. 9. 10 A. M U Pre. .rnnt Jan. lit. 13 noon