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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 18, 1913)
17 TIIE 3IORNING OREGONIAX, TUESDAY, FEBRUARY 13, 11J13. V K EAST ORDERS WHEAT SALES ARE PRESSED Sales Made for Shipment Over Rockies. Stocks Unloaded on Reports of Morgan's Illness. INQUIRIES ARE FROM JAPAN California Buyers Holding Back, but Will Xced I-arpe Supplies ifer. Farmers Are Indifferent and Turn Down Current Bids. box: twin, 11.3032 per box; (rape.. Mat aaas. IS cer barrel. POTATOES jobninr prices: UDtninu, 60 60c pr hundred; iffHt potatoes ft4o Mr oound. tropical FKuii unniei, r. a vein. S2.T5iiS.C0: Florida. $4.50: Japanese. I1.50i 11.75 Mr handle: California grapefruit, 12.75 &3.25; Florida grapefruit, (5; lemon. $7.&0 fit per box: pineapples. BS7c per pouna tangerines. (2.25 per box. VEGETABLES Artlcbok.es. XI.BO per dosen: cabbage, lc per pound; cauliflower. f.l.7,2 per crate: celery. 12.00 Sal 4.50 per crate; cucumbers. 73c fc? $2 per dosen; egg plant. lOo ponnd; bead lettuce. tl.9092.d0 per crate; peppers, 25c per pound; raaisnea. 95c per doxen; aprcui. 10c; tomatoes, s r hnv varlli FiOAt. Mr Mtind. back VEOKIABLUS lurmps. "wISHDKf KKhflK per sack; parsnips, BOcCJSl per iick; car- I " ' rota. 90c per sack. ONIONS Oregon, f 10 1.25 per sack. Dairy and Country Produce. EGGS Fresh locals, candled. 20c per doxen: current receipts, 19c POULTRY Hens, 13i14o: broilers. 14 m 15c; turkeys, live, 20c; dressed, choice. ilfiUlte:'. du-Ks. ittsiic; geese. iuvu& CHEESE Oregon triplets. ITc; daisies. 1 7 li. . ner naund. BUTTER Oregon creamery butter cubes, 36c per pound; prints. 3fec per pouna. FUKU r-ancy, l7iuo per pouuu, VEAL. Fancy, 14fel4ftc per pound. IN PRICES Later Reassuring Statements Check Selling and Market Rises Slowly. Bears Are Active in Efforts to Depress Values. ' bills. 4 15-1665 per cent; three months' bills, 4 13-l4i4 per cent. SAN FRANCISCO, Feb. 17. Sterling on London Sixty days, 4.83H: do, sight. 4.S7. . Silver bars. 82c; Mexican dollars .. nomi nal; drafts, sight, 2 He; do telegraph, 06c. Stocks st Boston. BOSTON. Feb. 17. Closing quotations: Allouex 34 'Mohawk ' Amal Copper... USSiNev Con 164 Am ZL&S 30 INIpisslne Mines. 84 Arix Com...... 2HNorth Butte 25la B 4 C C & 3 M 64;N'orth Lake 1 Cal at Arix 604 Old Dominion... 45 CaJ A Hecla. ..450 Osceola 03. Centennial. .15 asked,Qulncy 88 Copper R Co... 43 ftlShannon 1054 E Butte Cop Mn 2 .Superior 27 Franklin Sup & Bos Mln 2i Giroux Con.. 2 11-16. Tamarack 27 Granby Con 61 IU S S R M.. 3"i ireene cananea 74' do Isle Roy Coo). 23 ITJtata Con Kerr Lake .8-5-18! Utah Cop Co Lake CODDer 15 "-.i Winona .... I -a Salle Copper 4Wolverlne 63 Miami Copper. . 22 pref.. 48 H 00 2 Orders frorn the East for wheat are again on the market and some business has been out through for this account. A consider able quantity of grain is expected to be shipped across the Rockies before the sea son is oyer. This was the only new busi ness reported yesterday. Japanese buyers showed Indications of wanting wheat, but they were reluctant to pay what it was worth. Millers were Inactive as buyers. The Californlan are also holding hack, buying from hand to mouth, but there la plenty of evidence that they will have to come Into the market before long In a large way. When they realise the shortness of snnnlles In the Northwest, they will prob- .5.60, ablv xet busy. I COFFEE Roasted, Fanners continue to turn down offers at I pound. nresent orlces. Dealers thought the ap- nrnay-h of tax time would bring lot of wheat en the market, but It has not showed ud vet. Local receipt fn cars, were reported by the Merchants' Exchange as follows wh n,p Fir. Oats. Hay. Monday 138 9 1 3 8 Jr. -R-ia.ill l5i 1478 1106 129S Tear ago ..10.340 301 1698 1181 2071 The Merchants Exchange Weekly Wheat Statistics follow: Amarlean vllltola SUDD! V - Bushels. Decrease, 66.879.000 1.88S.OOO BS.43rl.O0O l,37tr.rU 42.478.0W 2S.827.CKX 89.968.000 44.470.000 43.513.000 46.902.000 J16.53S.000 S6.s47.0OO Staple Groceries. SALMON Columbia River, one-pound talis. $2.25 per doxen; half-pound flats, II 40 nna-nound flats. 82.45: Alaska pink. one-pound talis, 85c; sllversides. one-pound tails. 11.25. HnE Choice. to.25ti:3.io per case. NUTS Walnuts. 18c per pound; Brazil nuts. 12-4 15c: filberts. 14915c: aimonas. 18c; peanuts. 55c: cocoanuts. 00c&l per dozen: chestnuts, lie per pouna; mcaorjr nuts. US 10c: pecans, 17c; pine. 174200. BEANS Small wnite. o.4Vc; large wnne. esc: Lima. 614c: pink, 4.70c; Mexican. 5c; bayou, 4.65c SUGAR Fruit and berry, $5.25; Honolulu I opening. NEW YORK. Feb. 17. Another wave of srlllng bore down piicea of stocks today. The market was nervous and at times acute weakness developed. Pessimistic feeling has become so widespread, owing to a variety of well recognized influences that the present tendency is to exaggerate tha im portance, of any new- development which Is construed unfavorably. The reception today of reports from abroad of J. P. Morgan's illness Illustrated the effect of new bearish Influences, com ing on top of those which previously weak ened the speculative position. ' The reports gave traders a scare, and those on tne long side .hastened to unload stocks at the nlantation. 13.20: beet. $5.05: extra C. $4,75; powdered, barrels, $5.50: cubes, barrels. in drums, 2440o pei SALT Granulated. $14 per ton; half- ground 100s, $10 per ton; 50s, $10.75 per ton: dairy. S12.50 per ton. RICE No. 1 Japan, Dll't": cneapex m'u. 4r: Southern head. BVes4c. DRIED FRUITS Apples, lue per pouna; nrirnti l?fr14c: reaches. S&llc: prunes, Italians. 6 10c; silver, 18c; Ilgs, wnite ana The effect of this selling was heightened by a vigorous bear attack and prices broke abruptly, with wide openings in the fa vorite stocks. Steel sold all the way from ! to 604 in different- parts of the ex cited crowd of traders around the Steel post in the first minute after trading be gan. Reassuring statements as to Mr. Mtir gan's condition checked the selling, and the market rose slowly, some stocks effecting substantial recovery. In tha lata .flnmnnn there waa a r black. 640Tc; currants. c; raisins, loose ,we(- outburst of selling, and a number Condition of the Treasury. WASHINGTON, Feb. 17. The condition of the United States Treasury at the begin ning of business today was: Working balance $ 70.8S2.466 In banks and Philippine treasury 43,619.540 Total of general fund 14J.742.724 Receipts Saturday S.2UU.622 Disbursements 1.010,34 Surplus this fiscal year 7.CS8.012 Deficit 25.498.843 The figures for receipts, disbursements. etc. .exclude Panama Canal and Public Debt transactions. RUSSIA 1101. BUYER Argentine Wheat Engaged to Go to Odessa. PRICES UP ON WAR TALK Feb. Feb. Fob. Feb. Feb. Feb. Feb. Feb. Feb. Feb. 17. 19, 20, 21. 1913.... 1912.... 1011.... 1910. ... J909.... 1908.... 1907.... 1906.... 10O5.... 1904.... Miivat,. RufiTUc: bleached. Thompson. lltr: unblessed Sultanas. 8He: seeded. 7814c: dates, Persian, 7"4c per pound; fard. $1.65 per box. FIGS Twelve lu-ounce. soc; ou o-ounce. IL83: 70 4-ounce. $2.50: 30 10-ounce. 2. loose. EO-noucd boxes. 6Vi7c; Smyrna, boxes. $1.106 1.25; candled, $3 per box. 655,000 S.0OO 1. 504,000 1, 169.000 T2.0O0 850.000 920.000 1.371,00V Increase. Week end. Week end. Week end. w Feb. 13. Feb. 8. Feb. 17. '12. Tiunhela Bushels. Bushels. I1.96S.000 20.836.0OO 28,072.000 24.832.000 22.352,000 9.680.000 ln. King. Continent Total . World's countries From U. S. and Canada -A rgentlna Australian Danubtna Points .. Russia India .... Total .46.800.000 42.6S 8. 000 shipments principal (flour included.) Week end. Week end, Feb. Ij. Bushels. 82,752.000 exporting . Week end. Feb. 8. Feb. 17. '12. Bushels. Bushels. 4.".V.0X) r..024.ojo l.Sso.vOO 272.000 VM.UOO S'J',000 S, . "0.000 5.1BS.O0O 2.024.00O 1.00S.0O0 1.6K8.0OO 131.000 S.MS.loo 1,024,000 2.024.000 1,280,000 1.424.000 832.0OO .13.406.000 13,799.000 .88S.0OO .1 - i.i'. BhlninHili. aeaaon tn dat Total since Same period i July 1. '12. Last season. Bushels. Bushels. .157.306.000 106,794.000 I . S. and Canada Argentina Australia lianube ......... icussla India 61.044.00O 22..199.0O0 aO.TRl.OtiO 74.994. 0W 42.o77.OoO 24.tlSl.OO0 3.1,260.000 5.-..9.17.0O0 58.954,000 29.946.000 Toal . . .3S9. 101.000 309,5,000 Provisions. hams in to 12 pounds. 184 9194e: 12 to 14 pounds. lSKSigfcc; picnics. 12c; cot- taaa roll. 13a. BACON Fancy. 2Tzsc; stanaara, zi C23c: English. 10 to 12 pounds. 21c; 12 to 14 pounds. 20c 1j A tiu in uercea, cnoicv, nound. 9V4c DRY SALT MEATS neguiar snon cieaia. 13f14i4c; short clear backs. 12 to 10 lbs.. 34 14 & 15c; short clear backs, 18 to 25 IB 13 lie 16c; exports, 14c BARRELED BEEF Extra mess beef, $14, mess beef, 13; plate beef, $20; rolled bone. less beef. $30. BARRELED FORK Best Pig Porx. sze; brisket pickled pork. $23 925. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables. Fruits, Etc. SAN FRANCISCO, Feb. 17. The follow ing produce prices were current here today: Fruit Apples, choice. 60c; common, 40o; Mexican limes, nominal; California lemons choice, $4&7; common, $12; navel oranges. L2i2; pineapples, $l.a042.50. Cheese Young America, 16&1BC Butter Fancy creamery, 35c. Eggs Store, 18c; fancy ranch. 19e. Bay Wheat. $24025; wheat and oats, J21.5e2; alfalfa, $12.30915.50; barley, $13 o it. Potatoes Oregon Burbanks, T5cv$I: Ka unas -5urDanK9. aicri.zo; sweets, sluox. Vegetables CucumLers. $2.uv; green peas. 10c-15c; string beans. 30c; tomatoes, tow 60c: eggplant. 0040c: onions, oo&ttuc Receipts Flour, 6474 Quarters: barley. 7114 centals; potatoes, 2933 sacks; hay, 488 of stocks reached the low point of the day, although coverlnr In the last few minutes reduced final losses. The bottom level of the session showed material declines for practically all the important stocks, run ning up to over six points in Canadian Pa- clfic and two or more among such issues as Reading, Union Pacific and SteeL Sell lng of Steel was heavy, many large blocks being thrown on the market as the price went under 61. A number of loading Issues reached the lowest prices for over a year. Tne crisis in Mexico and fears of a strike of firemen were disturbing factors, and contributed largely to the market's un settlement. London and the Continent were reported early sellers of 10,000 shares, chief ly Canadian Pacific. Union Pacific and Reading. Later London bought some 5000 shares of Union Pacific and the coppers. Bonds were weak and active. Borne Issues lost a point. Total sales, par value. $2,600. 000. United States 2s registered declined on call. CLOSING STOCK QUOTATIONS. Renorted bv J. C. Wilson A Co.. Lewis DuHding. Portland. HOI'S TAKEX FOB -ENGLISH ACCOUNT Further Fnrehmsrs Are Made From Oregon Dealers' Stocks. a further material reduction in dealers' Coffee) and Sugar. NEW YORK. Feb. 17. Coffee opened steady at an advance of 8 to 12 points lu sympathy with higher early cables. The tneu. nf hora has been made in the past! advance encountered continued heavy offer ings irom Dotn local ana xoreigu sources, and at one time during the afternoon actve months were 19 to 30 points net lower, ow ing to easier late French cables and priv ate reports from Havre that leading longs were sellers. Tne close was a lew points up from the lowest on covering, steady, at a net decline of 2 to 21 points. SalesT 179. 000. February. 12.10c; March, 12.24c; April, 12.32c: May and June. 12.41c; July. 12.46c; August. 12.50c; September. 12.56c; October, 32.4&C; November, 12.40c; December, and January, 12.36c Spot unsettled. Rio T, 13 "4 c; Santos 4, 14 c both nominal. Mild normal. Cordova. 1514 17HC Raw sugar nominal. Muscovado. .59 test. 2.9202.93c; Centrifugal, .96 test, 3.434? 8.40c; molasses, .89 test, 2.57$2.70c; refined. steady. two days, which brings the total sales so far this month op to the 000-bale mark. Practically all the recent business Is un derstood to have been for foreign account. Toe market la firmer than It has been for two weeks, and prices show an upward tllt Berehard Blnr writes from Nuremberg under date of January 23 as follows: "Our market la In a very firm state, with a rising tendency for all descriptions. . There la continually a very strong demand both from home consumption and exporters, while stock here and on all continental markets la In a such small compass that sellers are succeeding to raise their prices gradually, since my last report prices tor all grades) went np Mka. 30 to 23. If beer consumption during the Summer months keeps up there will hardly be sufficient stock to carry breweries ever Into the new season of 11." LOCAL CHEESE PRICES ARE SHADED Butter la tn light Supply Further Decline tn Egg Quotations. Cheesemakera at Coos Bay are (offering cheese freely, and because of the shading of prices the local market is again un settled, although stocks here are not heavy. Tha butter market Is firm with light of ferings of country creamery. The reduced output In some of the valley sections la at tributed to the Increased activity of the condenserlea. The egg market was weak and lower. Candled Oregona were sold aa low aa 20 cents and current receipts offered at 19 cents, with ' rumcfrs '-of -sales half a cent lower. Poultry and meat receipts were small and both lines were firm. Unfilled Hop Heqlurementa. INDEPENDENCE. Or.. Feb. IS. (To the Editor.) I have just recenved a letter from C. L. Fltchard In New York stating that he has been visiting the Eastern dealers and brewers, and he finds that they are a great many of them short of early hops. He finds one brewing company short 800 bales and several short from $00 to 500 bales. and dealers are short on early contracts 22 to 30 cents. Hops will go to 23 to 2i rents before July. The Horst Company Is effering very low and brewers are scared of the cheap hops and won't buy of them. He believes the coming crop will bring good price from 16 to 18 cents. H. B. WOLFE. Mixed Vegetables Are Received. A car of mixed vegetables was received yesterday containing cauliflower, sprouts. raaisnea, cnicicory ana artichokes. A car of celery also came in. but there was some question of Its being accepted, owing to Its condition. There was a good demand for vegetables of all kinds at firm prices. Oranges were offered at the former quo tations in spite of the advance in Cali fornia. Apples are moving In a moderate way without change In price. Bank Clearing a Sink clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. ..$2,oS4,7()5 $.'il2.909 .. 2.041. 2P8 280.452 8US.766 Pales. Hitrh. Amal Copper .. 27,400 Am Beet Sugar. 4O0 35 "4 American Can .. 11,500 40 do preferred.. 200 124 li Am Car & Fdy, 1.000 514 Am Cotton Oil.. lOO- 51 Am Smel Ref 4.100 694 do preferred.. ".'no 104 4, American Sugar 500 115:4 do preferred Am' Til A Tel.. 2.100 133H Am Tobacco .... 300 258 "4 Anaconda 3.200 3514 All Coast Line. 200 127 A T & Santa Fe 2,700 102 do preferred. . 4,00 101 li Bait & Ohio ... 2,100 1004 Brook R Tran.. 3.000 8814 Canadian Pac .. 13.700 241 C A O 1.500 7 C & G W 1,400 154 C & N W 800 13414 C. M A St Paul. 900 1IH Central Leather. 600 27 Central of N J Chlno 9.C0O 384 Col Fuel A Iron 2.000 30 Col Southern .. 100 284 Consol Gas .... 700 13314 DL&W D c R G 200 Distillers' Secur 800 Erlo 8,200 Gen Electric ... 1.S00 Gt North Ore ... IHM Gt North pf . . . 1.600 Illinois Central. 300 Interboro Met .. 3,700 do preferred.. 4.i-00 Inter Harvester 700 K C Southern.. 100 Lehigh Valley. . 9.200 Louis A Nash.. 1.500 Mexican Central M. S P A S S M 500 Mo, Kan & Tex 300 Mo Pacific 10.700 National Lead.. 200 National Biscuit 200 do preferred N Y Central . . . N T Ont & Wes Norfolk A West North American Northern Pac. Closing xow. -til (1. 6S"4 3514 3914 124 "4 504 50 6914 104 ' 115V4 i:i2 258 35 1204 101 la 101 1 lO0' 87 2:17 754 13 134 107 14 27 '874 .".5 28 T4 133 . 20 '4 181, 2914 13914 35 T 127 123 4 J7T 61 110 60 1564 13314 "37 2U 89 4 504 117 fli 18 2S4 13S74 3514 12614 12214 1714 60 14 109 "4 60 13514 132 135 6S14 3 394 12314 0?i 4914 6914 10414 115 11514 13214 258 35 H 126 10114 J0114 J 00 8814 228 7514 1314 133 108K 27 350 as 14 35 2814 1.124 400 20 IS 29 13814 35 12H 122 '4 1714 6014 109 60 1554 13214 36 4 50 11614 Metal Markets. NEW YORK. Feb. 17. Copper steady. Spot and February, 14.00 bid; March, April and May. 14.00 14.50; electrolytic, 15.00; lake. 13.25; castings, 14.75. - Tin Irregular. Spot 48.S349.25: February. 4S.8049.20; March, 4S.1548.S5; April, 4(.vri'ff 4S.l.'i. i,eaa quiet, 4.zar4.ao. Spelter quiet. 6. SO 6.40. Antimony dull. Cooksons. 9,4069.50. Iron unsettled. No. 1 Northern. 18.250 18.75: No. 2 Northern. 17.75 18.25: No. 1 Southern. 18.25V18.75; No. 1 Southern soft. A5.wria.oo. copper arrivals. 35 tons. Exports this month. 10.259 tons. London copper weak: spot. frtl. futures f64. London tin weak. Spot 220. futures 219 10a. London lead 16 10s. London spelter 25. Jron Cleveland warrants, 60s, 4 lid In London. Yltible Supply of Grain. NEW TORK. Feb. 17. The visible sun- ply of grain In the United States Saturday. rob. 15. as compiled by the New York Pro duce Exchange, waa as follows: "tfheat 64.583.0O0 Wheat In bond 3. 005. 000 Corn 14.23S.00O Oals 10,785.000 Oats In bond , 190.000 Rye l.nou.ooo Barley 2,513,000 Barley tn bond 116.000 The visible supply or wheat tn Canada last taturaay was z4.isb.ooo Dusneis, an in crease of 396.000. Paclllc Mall PaAiflc T AT. . 1054 SO 14 10614 7914 11614 2714 39 1,300 fiOO 500 100 5.000 200 100 do preferred, Pennsylvania ... 12.500 People's Gas . .. 400 Reading 77.3O0 Republic S A I. U00 Rock Island Co 1.000 Southern Pao . . 8,500 Southern Ry ... 70 Texas Oil 600 Union Paclllc . . 33.300 do nref erred. . 200 United Rds S F 2O0 U S Steel 95,900 do preferred.. 1.40O Utah Copper ... 2.900 Wabash 1.500 western Union.. 700 Westing Elec . . 2,100 Wisconsin Cent Total sales for the day. BONDS. Reported by Overbeck A Cooke Co., Board of Trade buiiuing. .roruana. 135 2514 374 4914 11514 117 1054 3014 10614 7914 111114 2714 384 96 118 110 159 - 24 21 T4 1004 26 115 1554 8714 2S 01 108 60 3 694 70 48 436,700 shares. 118 111 ir9'4 254 22 4 lOl' 2614 11014 136 88 2.S14 62 10S14 5014 314 7014 71 10514 3014 106 79 4 113 27 39 11754' 110 157 i 24-4 100 2li llll 1.-5 87 2S1A 0v4 108 50 ' :i - ri 9 HOGS ARE DIME LOIR LOCAL, MARKET EASIER WITH LARGE RECEIPTS AT YARDS Cattle Do Xot Sell Up to Former Prices Slieep and Lambs Are Unchanged. The week started off well in the livestock market, so far as supply was concerned over 4600 head being unloaded. Buyers were on hand for the large offerings, but values did not fare so well, In consequence of the big run. particularly in the hog market. which did not touch last week's level by dime. The best price realized In the steer mar ket was $7.85 and the bulk of sales we st $7.55. cows did not tiring over -o.o. Two loads of hogs were taken in the af ternoon at $8.10. as against $8-20. tho clos ing price of last week. The oulk of the hog sales were at $8. Heavy stock brought (6.50 to $7.10. Most of the sheep now arriving are for contract delivery. Shorn lambs sold the former price of $6.25 and the same price was paid for wethers. Receipts were 46$ cattle. 5 calves, 249$ hogs, 1632 sheep and 38 horses. Shippers were Grant Mays, Fargher, cars of cattle: Nichols A Pope, Payette, car of hogs; A. Lindsay, lone, 1 car or sheep; J. W. Sevier, Buhl. Idaho. 3 cars of hogs: Sevier A wood. Buhl. cars ot nogs M.. J. Chellne, Buhl, 1 car of hogs; Ed Coles. Haines, 1 car of hogs; D. M. Cart- mill. Haines. 1 car of cattle and calves; J F. Cox, Eaton, Idaho. 2 cars of cattle and sheep; Idaho Meat Co., Caldwell, 1 car of hogs: Llnd A van Ausdeln, Flier. 1 car 01 hoes: C. T. Brown. Klmberly. 1 car of hogs; Robert Brose A Son, Hansen, 2 cars of cattle; J. L. Rush A Co.. Rupert, Ida.hr, 3 cars of cattle and hogs; Kibble Bros.. Imb ler. 1 car of hogs; L. Mctiregor, Aortn Powder. 3 cars of cattle and hogs; O. D. Boynton. Payette, 1 car of hogs; W. A. Carpenter. Payette. 1 car of hogs; F. A Gayiord, Joseph, 8 cars of cattle an" hogs; McCuIly A Rumble, Joseph, 1 car ni sheep; J. W. Chandler. Enterprise, Wallowa and Island City. 4 cars of cattle and hogs; G. W. Chandler, Lostine, 1 car of hogs; J. L. Sim mons. Wallowa, 1 car of horses; M. Hansen, Filer. 1 car of cattle; Joe Morrison. Moro, 1 car of hogs; J. W. Sweeney, who drove In 17 horses; O. E. Weed, Stockdale, 1 car of hogs; Willow Bar Ranch Co., by boat. 15 cattle; Jake Prahl, Toppenlsh, 3 cars of sheep; Sumner Bros.. Patterson, Wash., car of hogs, and D. w. Chapman, Bur- bank. Wash., 1 car of hogs. - The day's sales were as follows: Weight. 311 shorn lambs 78 lambs 18 233 lambs 79 12 hogs 183 1 hog 310 78 hogs 162 108 hogs 100 0 hogs 225 1 hog 330 100 hogs 242 92 hogs 183 Decrease. 408,000 171.000 1,899.000 83.000 20.000 42.000 243,000 54.000 Amer Tel A Tel conv 4s 106 Am Tob 4s 00 Am Tob Cs lzu Atchison Gen 4s 97 Atchison conv 4s.... 107 Increase. New York Cotton Market. NEW YORK. Feb. 17. Cotton futures closed barely steady, 13 to 21 points lower. Feb. 12.20c; ilarcc. 12.11c; April, li.uoc; May. 11.92c: June. 11.80c; July. 11.83c; Aug ust. 11.6Sc: September. 11.33c; October. 11.2Sc; December. 11.28c: January. 11.2oc. Spot closed quiet. Middling uplands. 12.70c; do. gulf, 12.96c. NEW ORLEANS. Feb. 17. Cotton Spot oulM. c off. Middling. 12 7-16C Sales. 810 bales. Portland Seattle Tacoma pokane 66.322 84.519 PORTLAND MARKETS. Grain, Hour, Fred, Etc WHEAT Track prices: Club. 83eft6c: Muestem. 944?U5c; 40-fold, S6c; red Russian, per ton : brew- sir: valley. 86 087c BARLEY Feed. $23.50 lng. nominal: rolled. $25.5( CORN Whole, $27; cracked. $28 per ton. FLOUR Patents. $4.70 per barrel; straights, $4.10: exports, $3,854)3.95; val ley. $4.70; graham. $4.60; whole wheat. $4 SO. MILLSTUFFS Bran. $21621.50 per ton: shorts. $2'j2.50 pe ton; middlings. $30 per ton. HAY Timothy, choice, tl"S17; mixed. Eastern 43regon timothy. $!2yl5; oat and vetch. $12; alfalfa. $11.50; clover. $10; straw, $6t7. OATS No. 1 white. $26.50 27.30 per ton. Vegetables and Frnlls. ' FRBSH FRUITS Apples, 50c j $1.73 per Minneapolis Grain Market. MINNEAPOLIS, Feb. 17. Close: Wheat. May. 87(fS7c; July. 89c; September, 9c Cash. No. 1 hard. 87c; No. 1 Northern. 86b 87c; No. 2 Northern, 84 S 8314c; No. 2 hard Montana, 87c; No. 3 wheat. 8ZS3C Dried Fruits at New York. NEW YORK. Feb. 17. Evaporated apples. fancy. 7bSc; choice. 66c; prime. 5r5c Prunes easy. Callfornlas un to 30-40S 34ll4c: Oregons. 5e9c. Peaches steady: choice. 6064c: extra ciioice, 0cr ic: rancy. 7 14 4 Sc. Chicago Dairy Produce. CHICAGO. Feb. 17. Butter, easy. Cream eries. "SUuJC tin. easy: receipts. 7335: at mark, case included. 1J9.1&C; refrigerator nrsts, 13c; firsts. 18918c. Wool at St. Louis. ST. LOUIS. Feb. 17. Wool, steadv. Ter ritory and vestern mediums, 214j25c: fine mediums. 18020c; sne. 13rl7c LIVERPOOL, Feb. 17. Hods in London: Pacific Coast.-4 losge 10s. Hops art London. LIVERPOOL. Fetfc 17. Closing: Wheat. Spot Arm. Futures arm; March, 7a 6d; May, 7s 3d; July, 7s 3d. Duluth Unseed Market. DVLL'TH, Feb. 17. Closing: Linseed. 11.24; May. $1.35: July. $1.37 bid. Atchison adj 4s stamped 86 Atchison conv 3s loj Atlantic Coast Line cons 4s.... 94 Atl Coast Line "LAN coll" 4s. . 90 Bait A Ohio 3s 91 Bait A Ohio 4s 97 Brooklyn Rao Transit 4s SH Can Southern first 5s 1O0 C A O 4s 100 C B & Q gen mtg 4s 95 C B A Q Joint 4s 9314 C B & Q Ills 4s 98 C B A Q Denver 4s 95 Cent Pacific first 4s 9514 Chicago A East Ills 4s Chicago R-I A P ref 4s 87 Chi R-I A P Co! trust 4s 3t Coio A Sou first 4s 98 Denver A Rio Grande 4s 88 Dei A Hudson conv 4s 97 Erie first cons P L 4s 83 Int Met 4 14 s 80 Japanese 4s 81 apanese first 4V-s w Japanese second -4s 87 LAN unl 4 97"4 Mo Kan A Tex 4s 83 Mo Pao 4s 70 N Y Cen L S 3S 77 N Y Oltv 4s SO N Y City 4 lis of 1937 104 Norfolk A Western 4s 98 Norfolk A West conv 4s 106 Nor Pac P L 4s 97 Nor Pac Ss 67 Oregon Short Line 4s 90 Oregon Ry A Nar 4s ;.. 93 Penna Ry 4s of 1948 102 Philippine Ry 4s Heading gen 4s 96 Repub.ic of Cuba 5s 101 Sou Pao first ret 4S Sou Pac col 4s 95 Southern Ry 4s 77 Mt 1. A s F rer 4s Union Pac first 4s 99 Union Pac conv 4s 94 Union Pac ref 4s 94 U K Steel S F 5s 101 United states 2s registered. .. .101 lrnlted states 2s coupon 101 . United States 3s registered. .. .102 United States 3s coupon .... 102 United States 4s registered ii. United States 4s coupon 114 United Railway 8 F 4s 63 United Ry St L 4s Wabash first 4s 69 Western Pac 5s . 86 West Shore 4s 98 . 97 102 87 102 91 ' 1 97 8S 1O0 loo 54 95 934 98 93 96 77 87 64 94 8'.) 974 86 80 84 88 4 9Sx 8C 70 . 78 90 54 104 s 107 97 67 91 95 103 83 96 1I2 9" 9.-1 774 76 9 94 94 101 101 101 103 103x'4 114 114 64 74 0 ft 98 Money Exchange, Ktc . NEW YORK. Feb. 17. Money Despite Ihe fsct that some of them man age to get enormous tees, it is said tha: physicians, as a class, get poorer and poorer, Qnancialiy. every year. on rail firm. 34 per cent; ruling rate, 4; closing bid. 3; offered at 4. Time loans strong; oo and Jin days. 4tr4 per cent: six months, 4 5. Prime mercantile paper, o per cent. Sterling exchange firm, with actual busi ness In bankers bills at $4.8320 for 60-day bills and at $4.8730 for demand. Commercial bills. $4.82. Bar silver, 62c Mexican dollars. 48e. Government bonds easy; railroad bonds weak. LONDON. Feb. 1". Bar silver stesdy, at 28 d per ounce; money, per cent; short 8 hogs 90 hogs . 2 hogs 4 hogs . . 81 hogs 4 hogs . . nogs . hogs . hog . . hog . . hogs . hogs . hogs . hog . . hogs hogs 39 hogs . . 140 hogs . 135 hogs . . 70 hogs . 757 hogs o9 hogs . 5 hogs . 38 hogs . . 1 hog .. 31 hogs . 42 hogs . 5I hogs . 1 hog .. 26 steers . 25 steers 4 -teers 23 steers 25 steers 23 steers 30 steers 25 steers 170 195 . . 400 .. 3S7 .. 185 .. 370 .. 189 .. 150 .. 300 .. 870 . . 513 .. 131 .. 188 . 450 .. 1S1 .. S33 .. 190 .. 183 . . 177 .. 172 .. 120 . . 142 . . 206 .. 204 .. 510 .. 240 . . 198 .. 163 .. 430 ..1070 . .1110 ..1037 . .1249 ..1230 ..1073 . . 735 . .loen 42 steers 1112 1 co.jv 1250 19 cowa 1110 2 cowa 1140 cow 1400 cow 1200 bull 1570 bull 1530 bulls 1377 wethers 124 hogs 219 hogs 422 Price. $8.25 6.25 6.23 8.00 . 7.00 7.93 8.00 8.00 7.00 8.00 8.00 8.00 8.00 7.0 0 7.00 8.00 7.10 8.10 8.00 6.50 7.00 7.10 7.60 8.10 7.00 8.00 7.00 8.00 8.00 8.00 8.00 7.90 7.96 8.00 8.00 7.00 8.00 8.10 8.00 7.00 7.55 7.55 7.00 7.55 . 7.55 7.5.1 . 7.23 7.83 7.83 6.73 0.30 5.00 4.50 4.00 5.50 5.75 5.50 6.25 80 1 4 hogs 422 7.00 93 hogs 394 8.00 92 hog ' 172 8.00 SO hogs 150 7.90 1 hog 200 6.90 S4 hofcs 18 8.00 94 hogs 186 8.00 The range ot prices at the yards waa as follows Choice steers $7.50?$S.00 uood. steers i.wsf i.su Medium steers 6.50' 7.00 Choice cows S.60 it 7. Good cows 6.000 6.60 Medium cows 6.508 6.00 Choice calves 8.00 9.00 Good heavy calves 6.500 T.0 Bulls t.S0 6.00 Hogt Light 7.75i5 8.10 Heavy , I i 7.2 Sheen- Yearling wethers S.OS'g) 6.23 Ewes .uos CM Lambs 6.000 7.2) Omaha Livestock Market. SOUTH OMAHA. Feb. 17. Cattle Re relrjta. f.000: market, steadv. Native steers. 10.85(98.50: native cows and heifers. JO 7 25: Western steers. $5.50'S8; Texas steers. $56.-50; Texas cows and heifers, $4.504f 6.75: calves, X89.25. Hon RecelDts. 6300: market. higher. Light. $sft8.10; pigs. $6.50&7.60; buik ot ate, i7.9-.i6 8.03: heavv. $7.S5H S.05. Sheep Receipts. 10,600; market, steady. Yearlings. $7.25 -,7.00; wethers, $5.73 4r 6.60; lambs, $7.85 eo- Clilcago Market Closes Strong With Advances Ranging Up to Flve Eighths Shorts Are Caught by Sndden Rise. CHICAGO, Feb. 17. Russia importing wheat and showing a hostile front in gard to Austrian desires had a bullish ef fect today on prices here. Despite an early break and another at midday, the wheat market closed steady at to c net ad vance. Cora wound up ic to o above Saturday night, oats unchanged to -lie higher and provisions varying from 2c off to a rise of 2 to 5c. Buying force developed in wheat at the start. Because of war talk there was rea- son for strength, also because . of world shipments being much lighter than ex- peeled. Argentine wheat bought to go to Odessa rescued the market from a second attack which sellers were pressing hard. The shorts were on the run when the ses sion came to-an- end. Liberal export sales of corn more than offset the Influence of heavy receipts. Oats proved relatively weak, owing to a tubstantial Increase In the visible supply. Provisions averaged higher. The leading futures ranged as follows: WHEAT. Open. High. .$ .92 $ .92 . .91 .91 . .90 .90 . CORN. .52 .63 .54 .. OATS. .34 .34 .34 MESS PORK. May July Sept May July Sept May Julv Sept .62 .63 .54 .34 .34 .34 Low. $ -82 .91 . .90 .51 .62 .53T4 .33 .33 .33 Close. I .92 -91 . .62 .63 .54 .34 .;.4 .34 May July ..19.S0 ..19.80 1980 19 "SO 19.72 19.70 May July Sept LARD.. 10.67 10.70 10.75 10.60 10.62 10.70 ..10.62 ..10.70 ..10.72 SHORT RIBS. May 10.57 10.57 10.50 July 10.57 10.57 10.52 Sept 10.65 10.65 10.55 19.7714' 19.72 10.65 10.67 10.72 10.52 10.55 10.60 Grains in Sao Francisco. SAN FRANCISCO, Feb. 17. Spot quota tions Walla Walla, $1.531.67; red Rus sian, $1.52 1.35; Turkey red. $1.67 & 1.70: bluestem. 11.87 1.70; feed barley. $1.S21.35; brewing barley. $1.37 1.40: white oats. $L461.47; bran. $2323.50: middlings. $3031: shorts. $23 g 25.50. Call board sales wneat. steady; no trad ing. Barley December. $1.10 bid, $1.32 asked; May, $1.30 bid, $1.32 asked. Puget Sound Wheat Markets. TACOMA. Feb. 17. Wheat Bluestem. 96c; fortyfold, 86c; club, 86c; red Russian, 84c . Yesterday's car receipts Wheat, 24; bar ley. 1; corn, 2; hay, 6. SEATTLE. Feb. 17. Wheat. Bluestem 94c; fortyfold. 85c; club, S5c; fife, 5c; red Russian. 83c Yesterday s car receipts Wheat. 22; par ley, 5: corn, 1; hay. 17: flour, 7. European Grain - Markets. LONDON. Feb. 17. Cargoes on passage firm ld to 3d higher. Englisn country margets quiet; mrencn country markets quiet. LIVERPOOL. Feb. 17. Closing: Wheat. Spot firm. Futures firm; March, 7s 6d; May 7s 3T41. 7b 3d. ESTABLISHED 1894 njineets MAKE ENGINEERING REPORTS FINANCIAL REPORTS RATE ADJUSTMENTS AND APPRAISALS OP PUBLIC UTILITIES 85 SECOND ST., SAN FRANCISCO NEW YORK' NEW ORLEANS J.CWILSON&CO. STOCKS, BO.XDS. CKA1.V AM) COITUJI 1ISM11EHI A JEW TORK STOCK EXCHANOB. KEY)' YOHK COTTON fiXCHAftfGKt CHICAGO BOARD 0' TKADK. TBsi STOCK AMD BONO KlHA.Gt SAN FRANCISCO. PORTLAND OFFICE : Lewis Building, 269 Oak Street, Phones Marshall 4120. A 4137. TRAVELERS' GUIDE. The superiority of BITULITHIC as a paving has been demonstrated over and over through the years of its use in Portland. AUSTRALIA TAHITI and NEW ZEALAND DrnGHTETL SOUTH SEA TOURS For Rest, Health and Flessnre, ; SFECIAI, PACIFIC OCEAN TOCB (Including South Sea Isles. to Sydney via Tahiti, Rarotonga and New Zealand and returning to San Francisco (or Vancouver) via Auckland. Fill and Hono lulu, $325. 1st class, stop-overs any point, good for one year. Round the World, $600 1st class; $380 2d class. The new twin-screw S. S. Tahiti (12.000 tons), of the Union L.1ne of New Zealand, sails from San Francisco March 5 for Syd ney, via Tahiti. Rarotonga and Wellington. SPECIA1. IX) W RATES: 1st class round trip to TAHITI $133. to WELLINGTON $267.50, to SYDNEY $300. Further sailings from San Francisco, April 2. April 30, May 28 and every 28 days. Make earlv amplication for choice berths. Send for new pamphlet. ISLANDS OF THci BLEST. UNION STEAMSHIP CO. OF NEW ZEA LAND, LX1. Office: 679 Market St., San Francisco. BXPKESS 8TKAM1CRS FOB an Francisco and Los Angelas WITHOUT CHANGE S. S. BEAR sails 4 P. M. February t. THE SAN FRANCISCO A PORTLAND S. A CO., Ticket Office 8d and Washington (with 0.-W. B, A S. Co.). - Phone Marshall 4500, A 6131. San Francisco, Los Angeles and San Diego Direct S. S. Boanoke and S. S. Elder. Sail Every Wednesday Alternately at 6 P. M. NORTH PACIFIC S. S. CO. 122 A Third St. I'honea Mala 1314, A 1314 AUSTRALIA AND NEW ZEALAND (Union Line of N. Z. ) 8ydney, via Tahiti and Wellington. Line of direct through steamers sailing from San Francisco March 5, April 2 and every 28 davs. THE LINE TO ISLES OF THE SOUTH SEAS. For reservations, see local agents or address HIND. ROLFH A CO., Gen. Agta., 67U Market street, San Francisco, Cal. Statement of Condition at the close of business on the 4th day of February, 1913, as a reserve bank, pursuant to the rules adopted by the State Banking Department of Oregon : RESOURCES Loans and Discounts $34,0 43 ,509.. To Overdrafts 1.899.79 Bonds 6,761,169.93 Stocks 42,401.00 Mortgages 4,101,9.12.47 0.00 0.00 Banking-house Furniture and Fixtures Cash on Hand Due from Other Banks Exchange for Clearing House... ..$ 7,114,893.91 .. 14,4S6,847.93 ,. 1,511,666.54 23.113.408.38 ' $68,064,410.92 LIABILITIES Capital Stock $ 3,000.000.00 Surplus Fund 6,000,000.00 Undivided Profits, Less Current Expenses and Taxes Paid 9S8,640.43 Reserved for Taxes and Interest 100,226.83 Due to Other Banks $20,238,870.51 All Other Deposits 37,736,673.15 57,975543.66 $68,064,410.92 This Bank Is Authorized by the State Banking Department of Oregan to Act as Reserve Agent for Oregon Banks Dir-sctors FRANK H. ARMSTRONG, Vice-President Reld, Murdoch A Company. ENOS M. BARTON, Chairman Board of Directors Western Electrio Company. CLARENCE A. BURLEY, Attorney and Capitalist. HENRY P. CROWLEI, President Qua ker Oats Company. WILLIAM A. GARDNER, President Chi. cago A Northwestern Railway Co. ELBERT H. GARY, Chairman Board of Directors United States Steel Corp'n. EDMUND D. HULBERT. Vice-President. CHAUNCEY KEEP, Trustee Marshall Field Estate. THIE3 J LEFENS. Capitalist. CYRUS H. M'CORMICK, President In ternational Harvester Company. SEYMOUR MORRIS, Trustee L. Z. Let ter Estate. JOHN S. RUNNELS, President Pullman Company. EDWARD L. RTERSON. Chairman Board of Directors Joseph T. Ryer on A Son. JOHN G. SHEDD. President Marshall Field A Company. ORSON SMITH. President. ALBERT A. SPRAGUE, II., Vice-President Sprague. Warner A Company. MOSE3 J. WENTWORTH, Capitalist. ORSON SMITH. President. EDMUND D. HULBERT, Vlce-Presi dent. FRANK G. KELSON. Vice-President JOHN E. BLUNT. Jr., Vice-President. J. G. ORCHARD. Cashier. P. C. PETERSON, Assistant Cashier. G. F. Officers C. E. ESTES. Assistant Cashier. JOHN J. GEDDES, Assistant Cashier. LEON L. LOEHR, Assistant and Trust Officer. A. LEONARD JOHNSON. Ass't. Cashier. F. W. THOMPSON, Mgr.Farm Loan Dept. H. G. P. DEANS, Mgr. Foreign Dept. HARDIE. Mgr. Bond Department. CHICAGO Foreign Exchange Transacted LUfVlBERMENS National bank Corner Fifth and Stark Foreign Exchange Transactions, in all -branches, are con ducted by us with promptitude and at tention. Our service meets the requirements and convenience of the public. Resources 6 Mill ions LADD &TILTON 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. OFFICERS. W. M. Ladd, President. Robert S. Howard. Asst. Cashier, Edward Cookingham, Vice-Pre J. W. Ladd. Asst. Cashier. W. H- Dunckley. Cashier. Waiter M. Cook. Asst. Cashier. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains The New "OLYMPIC" FITTED WITII DOUBLE SIDES AND ADDITIONAL WATERTIGHT BULKHEADS EXTENDING FR0JI THE BOTTOM to the TOP OF TIIE VESSEL Will Sail from NEW YORK April 12-May 3 And Regularly Thereafter AMERICAN LINE N. Y.-Plymouili-Cherbourg -Southampton Atlantic Transport Line New York London Direct RED STAR LINE N. Y.Doer -Antwerp WHITE STAR LINE New York Queenstowa Lnrerpoo! N. Y.-Plymouth-Cherbourg-Soulhampl jo MEDITERRANEAN CRUISES Boston Mediterranean Italy Canopio March 15 Cretlc April 5 A. E. DI8XET, PASS. AGT.. 619 SECOND AVE.. MAIV FLOOR, REAR, SEATTLE. Or Local Railway and Steamship Agents. TRAVELERS' OrXDE. TRAVELER GLIDE. LOS ANGELES AND SAN DIEGO DTEAMSHirs TALE AND HARVARD Railroad or any steamer to San Francisco, the Expo City. Largest, fastest and the ONLY strictly first-class passenger ships on the Coast. .Average apeed 2s miles par hour: cost $2,000,000 each. SAN i KA rumidau t i a. 8. S. CO., Main M. Frank Bollam, Aa-ent. A is xiuru street. COOS BAY LINE STEAMER BREAKWATER -alls from Alnsworth Dock, Portland, at S A. M. December 3, and thereafter every Tuesday evening- at 8 P. at. Freight re ceived dally except Tuesdays up to i P. II. Tuesdays up to S P. M. Passenger fares: First-class, J10: second class. IT. inelud'si berth and meals. Ticket office at A ! worth Dock. The Portland A Com Bay 3. Line. L. U. Keallns. Agent.