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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 18, 1913)
17 TTrr: MOTTTVraCJ OKICfJOIVTAN, KATUKDAI, OOTOJBEK 15, 1913. HIDES ARE SCARCE and Springs had to be shaded. The veal market is also sagging. Pork continues firm. Diminished receipts of eggs Insure a grad United Rds 8 F , 17 U S 8-teel 68,200 M 63 64 do preferred.. 800 105 10454 104 Utah Copper .. 8.600 61 61 61 Wabash 8tt Western Union 800 61 60 60 hi Total sales for the day, 844,800 shares. BONDS. Reported by Overbeck A COoko Co.. Boaro V ually advancing market for fresh locals. VOLUME IS LARGER WHEAT STOCKS HUGE LADD STILTON BANK XUUbllshed 1S59. C.pJcaJ. 1.000,000.00 Sorplna . ........... .... 1,000,000.09 Dfpo.Ha 14,000,000.00 Commercial and Savings Accounts v , W, M. Ladd, Pr iat PC a Hs-ward, Asst CsgBlef. Edward Cookingham, Vlcs-Frss. j, W Laid. Asst. Cashier. W. H. Dunokley, Cashier. Waiter M. Coek. Asst. Cashier. Ceraer Wufclartoa and Tfclr Street. Butter and cheese are steady at the old prices. Bank Clearings., Bank clearings of the Northwestern cities Trade in Most Lines Better Than Year Ago. 31 Trade building, roruanu. No Possibility of Early Decline Bid. Asked. European. Markets Are Over loaded With Grain. yesterday were as follows: Atchlcon general 4s Atlantio Coast Line 1st 4s. B & o gold 4s B R T 4s fhp, A- o 4tCs 9214 93 14 Clearings Balances. Portland IJ.601.t32 1172,611 Seattle 2,691.822 347.505 9074 81 H 65 4 92 91 in Prices. Tacoma 397.S24 27.04 Spokane 922.20S 127.472 V ALL MARKETS ARE STRONG Active Buying by Tanners in East at Gradnally Hardening Hates. - Values in Foreign Markets Are Well Maintained. Tha hide market has usually been re garded aa a aort of barometer of general business conditions, but this aeason It baa been Independent of all other Influences save the extreme scarcity of supplies. So small are stocks In all' quarters that a Terr moderate demand Is sufficient to keep prices up at an unusually high level. Hides are stron at all points, as has been the case for the past six weeks, and dealers see no likelihood of any decline In the near future. So firm Is the market's position that any Increase In buying by tan ners would most certainly force prices hlgner. Commenting on the strength and activity of the Eastern market a trade authority writes: "As previously noted large buyers again entered the packer market Jate last week and purchased freely, with sales Including branded cows at 18a, 115.000 butt brands and Colorado, at 18 He. and later some butt brands alone at 18 51c Following these tran saotlons smaller operators also bought 11b erallv of about all descriptions and the total trading In packer varieties for a week amounted to about 150,000 hides. Prices are very strong and reports are that one large packer sold native steers at 19 o f. o. b. Kansas City, while another refused this figure t o. b. Missouri River, and JOo Chicago freight Is generally demanded for late salting natives. All varieties of brand ed hides are strong, being closely sold up, with some packers asking Ho more for heavy Texas, although It Is believed buyers could operate at the last selling figure of 19o. "The market for country hides continues generally strong. Extremes are In especial request, and some further fair-sized sales have been consummated of these. Three to four cars of all No. 1 extremes brought up to 17o for patent leather purposes, and some dealers are refusing to sell a regular run under 17Ho for firsts and 16 o for seconds. Buffs are generally held firm at 160, with last trading on this basis, and several dealers have lately refused bids at 1614c. Calfskins are firm both East and West. While the demand Is moderate, this is offset by the fact that supplies are lim ited In all quarters and bids of 21c for choice selections of Chicago city skins have been refused, with 21o firmly asked. Packer skins are held at 23c, and one bid of 224c for a round lot was reported turned down this week. Horsehldes continue to be the sensation of the present market and prices for these rule from 25o to 850 apiece higher for Western hides than a week or so aso. Dealers' mixed lots of cities and coun tries are now quoted from S4.60 to 14.60, with late sales at both prices. "Latin-American dry hides continue well maintained, but are no higher. The de mand, however. Is urgent and receipts are absorbed about as fast as offered, with re cent sales of Eogotas on the basis of 33c for mountains and 32140 for Central Amer icans. New York City packer hides are also exceptionally strong, with sales of late salt ing native steers 193ic, which is the best price thus far obtained for kosher kill. . "The European markets are generally well maintained, although some slight declines have lately occurred. At the Berlin monthly auction this week heavy and medium steers declined 1 per cent and cows X per cent, while bulls advanced 3 per cent and calf skins ruled unchanged." WHEAT 18 WEAK BUT NO IOWEB Export Business Blocked by Business on Other Side. The feeling In the wheat market yester day was very weak, but no further reduction was mads in prices. There was no sale for cargoes, and European buyers would not even maks prices. The Merchants Exchange cable said cargoes were freely offered at 1)4 to 3 pence lower. The speculative mar kets in Europe and at Chicago showed de clines. Consequently dealers here were not disposed to make new purchases, and until the market settles activity need not be looked for. Farmers, In the meantime, are not pressing sales. In other departments of the grain trade business was quiet. Weekly foreign wheat shipments were as follows: ThlsWk. LastWk. Last Tr. Argentina 88.000 712.000 712.000 Australia 283.000 304.000 622.000 India 400.000 616.000 1,528,000 Local receipts In cars were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday....... 125 24 16 85 18 Tuesday....... 31 12 5 16 11 Wednesday.... 18 17 5 8 9 Thursday...... 10S 21 12 10 13 Friday 61 18 10 8 Tear ago 100 18 6 7 Season to data. 6003 1034 729 714 770 Tear ago 5962 785 686 604 706 JDOPBTJTTXG UNDER WAY IN NORTH Herrea Secures Another Washington Crop for London Accounts Trading In ' the hop market has been transferred for the time being to Washing ton. Hugh Herren yesterday purchased the Nick Pertield lot of 260 bales at 6umner at 2S cents. Including the Frye and Japan ese lots secured on the preceding day, his purchases this week have amounted to nearly 60O bales, all of which are going to London. Only one or two small lots of Oregons changed hands during the day, and the were not the best goods. There were more growers In town than usual, but none of them was ready to let his hops go at a sac rifice. The market has shown Its ability to come back every time there has been any easing off, and on all bands there Is .con fidence that ultimately higher prices will prevail than have been seen any time yet this season. Some of the dealeres are trying hard to hammer prices down. A good many short sales are still to be covered, and speculators would like to load up again. If they can, at low prices. BUSINESS IN FRUIT TRADE IMPROVES Tokay Grapes Are Firm at Higher Price. Onions Have Upward Tendency. Business was good in the fruit and vege table market yesterday, with plenty of city and country orders. A car of Tokay grapes arrived and they sold well at the advance, crates bringing $1.25 and lugs J 1.00. Local grapes were unchanged In price. 4ood bananas were scarce and wanted. Three car. will be In today, making the sec end shipment of the weeK. If any bananas arrive next week, they will be the last by tlie Northern route -this year.' Only a few peach shipments arrived. Dealers are finding It difficult to clean up the supply of Salways on hand, as the de mand for peaches of all kinds has ceased. Sweet potatoes were very firm. - Qreen vegetables were generally steady. Potato shippers are still offering former prices for stock suitable to ship south. The onion mar ket has to advancing tendency. r Poultry Bayers Less Active. , Poultry buyers evidently, were filled up at tha high prices of the first half of the week. To move yesterday's arrivals, hens PORTLAND MARKET QUOTATIONS. Grain, Flour, Feed, Etc WHEAT Track prices stem, S.Sc; forty-fold, 7Sc Club, 77c: blue- red Russian, tsc FLOTJR Patents. $4.70 per barrel trairhta X4.10: exDorts. 33.55(33.70: val ley. 34.70: graham, 14.60; whole wheat. S4.80. OATSKo. 1 white; $24.50 8 25.50 per ton. COP.N Whole, $37: cracker, $38 per ton. MILLSTUFF9 Bran, ti per ion shorts, $24 per ton; middlings, $31 per ton. BARLEY Feed, $24 25 per ton; brewing, 325026: rolled. S28&2U. HAY No. 1 Eastern Oregon timothy, $15 16; mixed timothy, $1214: alfalfa, $12 clover. SS.50: valley grain hay, 511412. CLOVER SEED Buying price, fancy re cleaned, afflOVic per pound f. o. b. shipping points. Fruits and Vegetables. Local lobblns; quotations: TROPICAL. FRUITS Oranges. $6 per box lemons, iSS9 per box; pineapples, 7o per pound; bananas, tt5c per pound; pome- mnates. si 25 Tier crate. ONIONS Oregon. $1.6001.75 per sack buying price, $1.50 f. o. b. shipping points. VEGETABLES Beans. 3 iff 4c per pound: cabbage, 1 c per pound; cauliflower, $1.25 (rl.60 doz.: corn. 103$ 15c dos.; cucumbers. 25c oer dozen: eerolant. 7c per pound hothouse lettuoe, 60cl per box; peas, BO 7e nar nound: neDners. &&7c per pound; rad Ishes, 10 12c per doz.; tomatoes, 50c$1.50 per box; garlic, ivgpiZHO pouno; iprouw loo ner sound: artichokes. II per aozen squash, li4o per pound; pumpkins, Hio per pound: celery, 40365c per aozen. POTATOES Oreeon. 90ciS$l per hundred buying price, 7585o at shipping points sweet nnlatocs. Slr(fo2.25 Dcr crate. GREEN FRUIT Apples, 60c$2.5O per box: cantaloupes, $2.25 per crate: peaches, 2550c per box; prunes, 2c per pound; pears, $1.25l.o0 per box; grapes, B0ceISL35 ner crate. 12,4c per DasKet casabas, 2o per pound; cranberries, $3.50 9 per barrel; Turkish melons, 2o per pound. Dairy and "Country Produce. Local fohbinff nuotatlons: pdttt.tr v Hens. lBV.e: Serines. 16tt 16c; turkeys, live, 2223c; dressed, nominal; ducka 12ffi14c: ireese. 12ffll2V,e. EGGS Oregon fresh ranch, candled, 42o. CHEESE Oregon triplets, 17o; Daisies, 17V-C: Youn Americas. 18c. BUTTER Oregon creamery butter cubes, 84o per pound; butter fat, delivered, S4o per pound. PORK Fancy, 12o per pound. VEAIi Fancy. 1318Ho per pound. Staple Groceries. Local -tobblns auotatlons: SALMON Columbia River, one-pound talis. $2.25 ner dozen: half-pound flats, S1.40- one-DOund (lata. 12.45: Alaska, pink. one-pound tails, 85c; sllversldes, one-pound tails, $1.25. HONEY Choice. $3.253.75 per case. NUTS Walnuts. 1840 ner pound: Brazi' nuts. 12W.iS15c: filberts. 15015HC: almonds. 20c; peanuts, 66o; cocoanuts, 90c$l per dozen: chestnuts, 12vjc per pound; hlck- ory nuts, 810c; pecans, ITc; pine, Jiw 20c BEANS Small white. 6c: iarge white. 4?4c: Lima, 6.30c: Dink. 4c; Mexican, 5c; bayou. 4.40c. SUGAR Fruit and berry. $5.10; Honolulu plantation. $5.05; beet, $4.90; extra u, 4.su; powaereo, barrels, $5.35; cubes, oarreis. $5.50. COFFEE Roasted, in drums, 1882o per pound. SALT Granulated. $14.00 oer ton: half- ground, 100s, $10.25 per ton; 60s, $11 per ton; dairy. 312.50 per ton. RICE No. 1 Japan, 55c: cheaper grades, 4c; Southern head, 56c. DRIED FRUITS Apples, 10c per pound; apricots. 12(S14c: neaches. Sialic: prunes, Italians, 810c; silver, ISc: figs, white and black, 614 7c; currants, 9Hc: raisins, loose Muscatel, eStvc; bleached, inompson, 11 94e: unbleached. 8ultanas, 5Hc; seeded, 7H8H; dates, Persian, 7Vi8o per pound; hard, $1.65 per box. Provisions. Local Jobbing quotations: HAMS 10 to 12-pound- average, 20 21c J 12 to 14 pounds, 2021c; boiled, 22c; skinned, 20c: picnic, 14Hc. BACON Fancy, 29 30c; standard, 22 25c. LARD Tierce basis, pure, 14 c; com pound, 1044c. DRY SALT MEATS Backs, 15Hc; smoked, 17c. MISCELLANEOUS Extra mess beef, $21 per barrel; extra plate beef, $22.50; pork feet, $11 per barrel: tripe, $1012 per bar rel; bologna sausage, 13c per pound. Hops, Wool and Hides. HOPS 1913 crop, prime and choice, 2-4 23c; 1912 crop, nominal. PELTS Dry, 10c, Spring lambs, 4060c; shearlings, B0 50c. HIDES Salted hides, 1212tto per lb.; salt kip, 1813c; salted calf, 1718c; green hides, ll9UKc; dry hides, 2323c; dry calf, 25c; salted bulls, 814c per pound; green bulls, 7 He. WOOL Valley, 16 18c; Eastern Oregon, ll16c. MOHAIR 1918 clip, 2527o per pound. CASCARA BARK Old and new, Co per pound. Linseed Oil, Gasoline, Etc LINSEED OIL Raw, barrels, 60c; boiled, barrels, 61c; raw, cases, 64c; boiled, cases, 66c. OIL MEAL F. o. b. Portland works: Car lots, $35; 5 and 10-ton lots. $34; ton lots $35. TURPENTINE Barrels, 58c; cases, 61o. COAL OIL Cases, 174(&20o; drums and barrels, 1013ftc. GASOLINE Cases, 23c; bulk, 16c. SAN FRANCISCO PRODUCE EXCHANGE. Prices Quoted at the Bay City for Vege tables. Fruit. Etc. SAN FRANCISCO, Oct. 17. The follow ing produce prices wert current here today: Fruit Apples, Bellf lowers, $11.35: New towns, $1.15 1.50; other varieties, 40c $1.65; Mexican limes, $5.50 6; California 'onions, S4.6U(U'S. pineapples, $lfy2.2o. Cheese New, 1517c; Young Americaa, lBWc Eggs Fancy ranch, 49c; store, 44c. Butter Fancy creamery, 81 c; seconds, 30c. Vegetables cucumbers, 75c$1.25; green peas. 8 5c; string beans, 8 6c; eggplant, 50 90c. Onions $1.85 1.45. Potatoes River Delta whites, 75$1; Sa linas Burbanks, $1.&5L90; Merced sweets, $1.60 01.75. Receipts Flour, 1160 quarters: barley, 18.605 centals; potatoes, 4945 sacks; hay, 248 tons. Coffee and Sugar, NEW YORK, Oct. 17. Today's coffee market was less active and rather Irregu lar. Opening steady at an advance of 10 to 12 higher on higher European cables and bullish market report, the market eased off to within three or four points of last night's close, but steadied on renewed cov ering and closed steady, 12 to 14 net higher. October, 10.41o; December, 10.61c; January, 10.72c; March, 11.00c; May. lL22c; July, 11.41c; September, 11.54c. Spot, steady. Rio, No. 7, 11c; Santos, No. 4, 1814c, mild and quiet; Cordova, 13 V4 1614c, nominal. Raw sugar, steady; Muscocado, 2.98o centrifugal, 2.48c; molasses augar, 2.78a Refined, unchanged to 15 points higher; cut loaf, 6.20c; crushed, 5.10c; mould A, 4.75c; cubes, 4.50c; XXXX powdered, 4.40c; powdered, 4.85c; fine granulated, 4.25c; dia mond A, 4.25a; confectioners' A, 4.10c; No. 1. 4.15c Metal Markets. NEW TORK, Oct. 17. Lead easy, 4.80 4.40; London, 20 7s Cd. Spelter quiet. 5.25fe5.35; London 120 10s. Copper firm. Standard, spot to December, 16 50 offered; electrolytic 111.75 16.87; lake, 16.'8717.00; casting, 16.37 g1 16.75. Tin easy, spot, 40.25040.75: October. 40.50 40.70; November and December, 40.50 40.75. Antimony dull. Cooksons. 7.60. Iron quiet and unchanged. - Naval Stores, SAVANNAH, Ga., Oct. 17. Turpentine, steady, 40 cents; sales, 606; receipts, 846; shipments, 272; stocks, 27.854. Rosin, irregular; sales, 1S62; receipts, 1384: shloments. 1921: stocks. 182.803. Quote: A. B. $3.60lSP8.65; D. $3.658.65;. E, $3.55 I 8.67V4; F, $3.603.75: G. li. $3.U5U8-7&; I. $3.75; K, $4.10; M, $4.40; N, $5.30; WG, $6.20; WW, $6.35. Cotton Market. 17. Cotton futures NEW TORK. Oct. closed steady at net advance of 8 to 10 points. Spot, quiet Middling uplands, 18.80c; do. gulf, 14.05c Sales, 1700 bales. COLLECTIONS ARE PROMPT Industrial Operations, Apart From Iron and Steel, Are Expanding. Business in Textile Markets Is Increasing. NEW TORK, Oct 17. Dun's review to morrow will say: Distribution of merchandise in some sec tions reflects the stimulus of seasonable weather, while industrial operations, apart from iron and steel, are expanding. Decided Improvement appears in some mercantile lines, uniformly encouraging ad vices being received from the leading trade centers, which, with scarcely an exception, report a larger volume of business than a year ago. Collections are fairly prompt and an op tlmlstlo sentiment generally prevails. There Is a steady demand for drygoods for quick delivery. Considerable activity Is noted in wool. The tendency of leather values is still upward. Least satisfactory conditions obtain . In Iron and steel, where the trend toward lower quotations Is more pronounced. Failures this week numbered 823 in the United States, against 248 last year, and 89 -in Canada, compared with 82 a year ago. BELATED FALL AND WINTER BUYING Prices Being Adjusted to New Tariff Sched ules in Some Lines. NEW TORK, Oct. 17. Bradstreet's to morrow will say: ' Trade reports manifest more or less Ir regularity, though they quite generally agree that business Is In excess of last year, when activity wass well nigh superabundant Belated buying for Fall and Winter Is clearly evidenced In calls for prompt ship ment or textiles. it is upon current re qulrements that most attention is focused, lor tar future trade Is held in check bv changed tariff conditions or by high rates for money. . ' A number of trades are ena-ae-ed In ad- Justing prices to new tariff schedules and this factor tends to cause hesitancy, but actual competitive sales have not been felt to any appreciable extent as yet. In gen eral the prevailing spirit Is that while tariff reductions will be met, because of obvious advantages aomestlc interests will hold tneir own, ana optimism is pronounced. Business failures for the week were 292. compared with 1S7 in 1912. Wheat. Including flour, exnorts from tha united btates ana Canada for the week ag gregate 5.834,447 bushels, against 0,783,- Diu iasi year. Bank Clearings. NEW TORK. Oct. 17 nruliiut'i hinli clearings report for the week ending October 16 shows an aggregate of $3.844. 693,000, as against $3,374,249,000 last week and 18.647.- ,vvv iu mq curreaponuing weeic last year. Pr. Til New Tork $1,861,959,000 12.8 t-mcago 304.993 000 Boston 167,123l,000 8.1 10.2 6.9 5.8 5.9 2.6 2.9 6.0 .4 6.2 6.9 6.1 9.8 Philadelphia 15S.3S2.000 St. Louis ..... Pittsburg ..... Kansas City . 87,557,000 63,804.000 65.110.000 65.331.000 38.753.000 25,830,000 S2.96S.000 23.70,000 20,585,000 27.817.000 19.838.000 19.350.000 14,007.000 16.895.000 15,050,000 14,666.000 10.108.000 11.069.000 8,018.000 7.338.000 San Francisco . Baltimore ..... Cincinnati Minneapolis .., Los Anireles Cleveland .... Detroit , New Orleans 9.3 Omaha Louisville 6.2 .1 12.6 Milwaukee .... Portland. Or. . 4.6 Seattle ........ St. Paul Denver Indianapolis . , 10.2 27.3 6.0 7.6 Salt Lake City 4.6 Columbus Toledo Puluth 7.134,000 18.B 6.386.000 16.4 6,665.000 . 5,160, 009 5,003.000 2.269.000 3,664.000 2.50 2.000 22.6 Des Moines ... Spokane ...... 3.7 l. Tacoma ...... Oakland 35.7 19.6 18.0 San Diego .... Sacramento . . , S.636,000 11.1 826,000 6.7 Ogden, Utah . , Stockton 953,000 .14 Increase. GRADUALLY REGALX PART OF GROUND LATELY LOST. Marked Improvement In Tone of Wall-Street Sentiment Advance in Government Bonds. NEW TORK. Oct. 17. Slowly and labori ously the stock market today made up some oi me grouna lost in the slump of the last two weeKS. The rise was rainy comprehen sive, although small in extent. Compared with the weakness shown yesterday, the tone was considerably improved, but in the last nour or trading the list eased off. yielding part of the day's gains. New low records for nearly a dozen prom inent stocks were made shortly after the opening on selling which represented the closing out of impaired margin accounts. The recessions In the final trading were influ enced by a break In Rock Island, on a re newal of selling such as attracted notice several weeks ago. Rock Island common and preferred and the collateral 4s fell two points each to new low prices for the year. l ne improvement today aoDarentlv re flected merely readjustment in technloal po sition. The bond market was Irregular, but the tendency was downward, with noticeable heaviness In several prominent Issues, in cluding St- Paul convertibles. Total sales. par value, U,00,000. United States 2s reg istered advanced and 2s coupon, 4s and Panama 2s on calL CLOSING STOCK QUOTATIONS. Reported by J. C Wilson & Co.. Lewis ouuuing, I'oruana. Closing Sales. High. Low. Bid. Amal Copper .. 29,900 13 70 71 Am Beet Sugar. 200 21 21 20 Am Can Co 6.200 81 80 80 do preferred.. 1,200 91 90 90 Am Car & Fdy. 200 41 41 41 Am Cotton OH.. 200 88 87 88 Am Smel & Ref 600 62 61 81 do preferred 98 Am Sugar 106 do preferred 114 Am Tel & Tel.. 2,800 121 120 120 Am Tobacco ... 100 225 225 225 Anaconda 1..W0 34 83 34 Atl Coast Line.. 900 113 113 113 ATA Santa Fe 3,700 92 90 91 Bait & Ohio ... 1,200 93 92 92 Brook R Tran.. 500 86 85 83T4 Canadian Pao. . 18,100 226 222 223 C & O 1,400 66 5354 69 C & G W 100 11 11 11 C & N V 200 126 126 125 C. M & St Paul. 8,900 99 98 99 Central Leather 800 20 19 19 Central of N J 290 Chino 1,800 89 li 88 89 Col Fuel & Iron 900 2714 27 27 Col Southern 27 Consol Gas 900 128 1284 123 D L A W 400 895 895 895 D & R G .... 500 17 17 17 Distilling Secur. 1.400 15 15 15 Erie 2.900 26 25- 23 General Eleo ... 300 140 189 139 Gt North Ore.. 400 81 80 R0 Gt North pf ... 1,400 121 120 120 Illinois Central. 1,000 Ivtili luo 106 Interboro Met .. 2,900 18 12 13 do preferred.. 8,800 68 66 67 K C Southern .. 400 23 23 28 Lehigh Valley.. 2,400 149 148 149 Louis ft Nash.. 1,000 131 130 180 Mexican Cent... 10 M. S P ft S S M 200 127 127 127 Mo, Kan ft Tex 100 19 19 19 Mo Pacific .... 1.600 28 23 28 National Lead 43 N Y Central ... 6,200 94 93 94 N T. Ont ft Wes 300 27 27 87 Norfolk ft West LOOO 102 102 102 North America. 70 Northern Pao .. 8,100 106 105 105 Pacifio Mall .... 800 19 ' 19 18 PaclUo TAT.. 100 25 25 25 do preferred.. 90 Pennsylvania . 8,800 110 110 110 People's Gas ... 100 124 124 124 Reading 64,500 160 158 159 - Republic 8 ft I. 600 18 18 18 Rock Island Co 8.B0O 13 11 11 Southern Pas .. 15.500 86 84 85 Southern Ry ... 600 21 21 21 Texas Oil 400 107 107 107 Union Pacifio .. 89.800 148 147 147 do preferred.. 1,100 81 80 81 9214 85 Mi 9314 K'114 6114 9314 94 72 75 94 S2-" 9314 93 91 89 100 94 70 90 93 103 74 ii" 99 74 si" 87 96 97 1P3 103 110 110 c M 4 Bt r gen ts jw C R I col 4s 61 Cal Oos 5s 3 C B Q joint 4s... 94 Erie general 4s 70 int Met 4 Vis 74 H Louisville & Nashville unl 4s... 93H Missouri Pacific 4s 7tt N T C gen 34S 81 H N & w 1st con 4s Northern Pacifio 4s 94 Oregon Short Line ret 4s B Oregon Ry Nav 4S 92 Pacifio Tel 5s 98 Penna con 4s ...........100 Reading general 4s 94 St L & 8 F ref 4S .v,.. 69 Southern Pacifio ref 4s... 90 Southern Pacific coi 4s 92 Southern Railway 5s 103 Southern Railway 4s. ,73 United Railway inv 4s 56 Union Pacifio 1st and ref 4s.... 91 H United States Steel 6s.... 99 West Shore 4s 94 Wabash 4s ... .. 49 Westlnghouse Eleo conv 6s..... 01 Wisconsin Central 4s 86 United States 2s registered 9314 United States 2s coupon 9514 United States 3s registered 10214 United States 3s coupon 10214 United States 4s registered 10914 United States 4s coupon 10914 Stocks at Boston. BOSTON, Oct. 17. Closing quotations: Allouez 33 Mohawk 89 Amal Copper ..71 A Z L & Sm... 16l4 Arizona Com . . 614 B & C C & S M. 70 Cal & Arizona.. 63 Cal & Hecla 405 Centennial 13 Cop Ran con Co 88 Nevada Con .... loft Nlplssing Mines. 8 North Butte..... 23 North Lake 17 Old Dominion... 48 Osceola 76 Qutncy : 97 Shannon 6 u Butte wop A0 un superior Franklin 8 .Sup & Bos Mln.. 23 2 27 86 46 Gran by Con ... 71 Tamarack Greene Cananea. 28 I Royalle (Cop) 17 Kerr Lake. 374 Lake Copper.... 8U La Salle Copper 3 Miami Copper. . . 22 U S S R M. do nreferred. Utah Con 8 Utah Copper Co. 1 Winona 1 Wolverine 4U Money, Exchange, Etc. NTCW TORK. Oct. 17. Money on call. easier, 83 per cent; ruling rate, 3 per cent; closing, 3r3 per cent. Time loans, steady: 60- days, 45 per cent; 90 days, 5gya per cent; six montns, 45 per cent. Prime mercantile naper. 6 06 per cent. Sterling exchange, weak, at $4.8115 for 60 days and at $4.8545 for demand. Commercial bills, $4.80. Bar silver, 61 o. Mexican dollars. 47a Government bondstrong; railroad bonds. easy. ' LONDON. Oct. 17. Bar silver steady, 28 d per ounce. Money, 8S per cent. The rate of discount In the open market for short bills is 4 per cent; for three months' bills. 4 04 16-16 per cent. SAN FRANCISCO, Oct. 17. Silver bars. eio. Mexican dollars, nominal. Drafts, sight Par, do. telegraph 8o. Sterling In London, 60 days, $4.81; do. sight, $4.85. RUN AT YARDS SILL PRICES ARE MAIXTAIXED IK ALL LIXE3. Top Hogs Again Sell at $8.80. Swine Market in Generally Steady Shape. The market was lightly supplied with stock of all kinds yesterday, consequently, prices held up well throughout the list. Top hogs again sold at $8.80, and beef prices were steady, according to tha quality of the offerings. 4 Commenting on the swine situation this week, .the Livestock Reporter says: 'The hog market has been unusually brisk this week as a result of a good-sized run. koen demand and a flock of buyers on hand to fill orders. Shippers had the trade pretty well iu hand and forced swine prices up. Light hogs offered were for the most part well finished and tipped the scales with 160 to 200 pounds of well-finished pork. Smooth heavyweights sold stronger also, and volume of swine business was above the average. That the market Is subject to fluctuations both up and down Is an undis puted fact as a recapitulation of October business will show, persistent gains in re ceipts, with a consequent surplus In' slaugh-ter-houseB, have been bearish factors, while occasional light liquidation combined with Improved demand and good pork quality have been the bullish influence. At no time has there been a protracted slump or steady rise." Receipts were 14 cattle, 224 hogs and 285 sheep. Shfpoers were: J. Aekerman, Brownsville. 1 car of cattle, hogs and sheep; Arlington Lumber Company, Condon, 1 car of cattle and hogs; A. E. Eaton, Salem, 1 car sheep; F. B. Decker, Gervala, 1 car hogs; it. M. Knight. Riddle, 1 car cattle and hogs. The day s sales were as follows: Weight. Price, 45 hogs 178 $8.80 11 steers 1122 2 steers 780 5 cows 1000 12 cows - 790 1 now - 790 7.25 6.00 6.25 8.75 6.00 1 cow - 1130 6.50 8.00 6.00 5.00 1 bull 950 1 bull ............. 1 bull 1 bull .j. 49 lamb 1 hog .,., 84 hogs 89 hogs t.. ......... 61 hogs ............ , M rm ..... ..1050 . . 920 ..1230 .. 72 .. 260 .. 197 .. 194 5.75 4.90 7.73 8.75 8.75 101 110 8.40 8.25 6.00 O t,no-a 70 The range of prices at the yards was as ronows: Prime steers ...$7.60 $8. 25 holes steers .................. i-wo u.rilum .trara 7.00(f)! 7.23 Prime cows .50 7.00 Choice cows .oot ;" Heifers s.uuw i.v Light calves 800 9 .O0 Heavy calves 6. 75 7.78 BUllS ..................... U.BV stag t-T&er vi Light S.40 8.80 Heavy 7.45 7.80 Shee Wethers 4.00 O 4.50 Ewes 8.250 4.00 Lambs 4.00 5.50 Omaha Livestock Market. SOUTH OMAHA. Neb.. Oct. 17. Cattle Receipts. 1500: market. steady. Native steers. $7.759.40; cows and heifers, $69 7.50; Western steers, $68; Texas steers, $5.607.10; range cows and heifers, $5.50 calves, u.iO.io. Hogs - Receipts, 8600; market, lower. Heavy. $7.9008.10: lights. $7.758: pigs. $5. 25 7.25; bulk of sales, $7.85 8. Sheep Receipts, -tuuo; maraet, steany. Yearlings, $5.805.70; wethers, $404.70; lambs, $3.4096.90. Chicago Livestock Market. CHICAGO. Oct. 17. Cattle Receipts, 2000; market, steady' to strong. Beeves, $6.75 19.56: Texas steers. $6.S07.90: Western steers, $6.208.80; stockers and feeders, $5.2007.65; cows ana neuers, s.ouf a-oo. calves, $7 11. Hoes Receipts. 1800: market, dull, so un der yesterday's average. Light, $7.758.35; mixed. $7.8006.45; heavy. $7.758.40; rough, $7.7697.90; pigs, $596; bulk of sales, $7.9608.80. Sheep Receipts, sooo; market, steady to 100 up. Native. $8.906; Western. S45; yearlings, $5ff6; Iambs, native, $5.75(7.15; Western, $5.6007.16. DOG KILLS CAT; COURT SITS Owner of Victorious Canine Pays $2 1 to Mitigate "Crime." Because Miss V. M. Wooley's dog fought and killed Miss Lillian Eveson's cat In an encounter which nearly brought the two owners to blows. Miss Eveson swore out a warrant yesterday charging Miss Woolsy with allowing her doe to go at large without a muz zle, and Miss Wooly was fined $2 in Municipal Court. Miss Eveson fought strongly to nave the fine assessed at a somewhat high er figure, but Miss Wooley was quite willing to plead guilty If allowed to pay a small fine. Judge Stevenson ruled that i was enough. SHARP DROP IN PRICES Chicago .Traders Believe United States Is Only Outlet for Cana dian Crop, and Depression Is Result Selling Is Heavy. CHICAGO, Oct. IT. Huge stocks of wheat in Europe, leaving no apparent outlet for Canadian shipments, unless the marketing be done this side of the border, kept prices today c-n the down grade. After an unusu ally active session and violent fluctuations. the close was nervous, c to c net tower. Other leading staples, too, all showed losses compared with the previous clos corn. o to c; oats, e to c and nrovislona 2 V.c to 7c Foreign Dorta were said to be so glutted that storage room for wheat had become exhausted, quotations sharply depressed and importers chary about making any purchases whatever at present. Traders here could scarcely get their bearlises this morning be fore the market had again broken the low nrloe record for this year's crop. Pessimists, meanwhile, were busy declaring that the radically bearish action of Liverpool, which had to a great extent been the cause of the latest break here, left no alternative but for the Canadian crop to be headed to- warri thA TTnlted States. Profit-taking by shorts led to a cbuple of rood rallies in wheat, but wall street weaa ness and bearish advices regarding growth conditions In the Winter-wheat-crop belt nmvAil n decided offset. Corn suffered from liquidating sales after prices had rallied, on account of aborts covering- because of rainy weather over the ntir ahioDinc belt The weakness was at triimtAft moKtlv to the down turn In wheat. and there was some recovery In the late dealings. nt sold off with other grain, but re acted owing to reports that Canadian oats here would not grade nearly as wen as e Packers were credited with supporting provisions early, but grain weakness made the market heavy later. A decline at the yards counted also against the bulls. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Deo. $ .82' .82 $ .81 May .87 .88 .86 .87 CORN. Deo, May .91 .67 .9 .09 OATS. .87 .88 .41 .41 .66 .63 .66 '.68 Deo. May .. .86 .40 .87 .41 MESS PORK. Jan 19.62 19.65 19.45 May 19.67 19.75 19.65 LARD. 19.47 19.67 Jan. May 10.82 10.85 10.25 10.62 10.62 10.42 SHORT RIBS. 10.27 10.42 Jan 10.27 10.85 IO.I5 10.27 .10.42 May 10.45 lo.oo iu.zi Cash prices were: nn Vv 9 68fl)69c! NO. 2 White. ;t rsiisKc- No. a vellow. 68 (5 69 o: . No. 8, 6768c; No. 8 white, 67e8c; No. 8 yellow, 6868C Rye, ro. duu Barley. 66Si82c Timothy, $3.755.28. Clover, $9.00 12.50. Paget Sound Wheat Markets. KH1ATTLE. Oct. 17. Wheat Bluestem, 87c; fortyfold. 78c; club. 77o; File, 77c; red Russian, 760. Yesterday's car receipts: Wheat 35, oats 15, barley 18, corn 2, hay 40, flour 10. TiraiMi. Oct. 17. Wheat Bluestem. 88c; fortyfold, 80c; club, 80c; red Russian, vc Car receipts, wheat 79. barley 9, oats 8. hay 10, San Francisco Grain Market. SAN FRANCISCO. Oct. IT. Spot auota tlons: Walla Walla. $1.43 1.45: red Rus sian. $1.43 1.43; Turkey red. $1.57 1.60; bluestem, $1.60 1.62 ; feed barley, $1.86 1.88 ; brewing, $1.47; white oats. $1.37 1.40i bran, $24i24.60; mid dlings. $305?i31: snorts. u'a-a.at. Call board Wheat, easy. Tta.rlv steady: December. $1.89 bid. $1.40 asked; May. $L48 bid, $1.48 asked; Oc tober. $1.87 asked; November, $1.86 bid, $1.87 asked. European Grata Markets. fAwnnw net. 17. Cars-Aes on nassaca freely offered at ld to 8d lower. English country markets, easy; French country markets, weak. t nrfODnnT. nnt 1 1 . Wheat finnt weak. Futures weak. recember, 6s 9d; March, 5s 10 d; May, 6s 10 d. w eatner, line. Minneapolis Grain Market. MINNEAPOLIS, OoW 17. Close: Wheat, No 1 bard, 88 c; No. 1 Nortnern, u3) 82o; No. nortnern, io!wiic; no. -hard Montana, 7979c; No. 8 wheat, 76 i78tc: December. $0o; May, 860. Flax, $1.B4!4 i-o. Barley, unchanged. Dried, Fruit at New Tork. iNrjw ; w iii., - - ... -, , , steady. Prunes, firm. Peaches, quiet and iteaay. Dulnth Linseed Market. rvrTT.TTTTI Oct. 17. Close: Linseed. $L86; May, $1.89 ; October, $1.83 bid. ' Chicago Dairy Produce, CHICAGO, Oct. 17. Butter unchanged. Eggs Receipts, 4483 cases, unchanged. Hops at London. t.nnri) poriT Oct. 17.. Hons at London (Paolflo Coast), 6 10s 7 10s. Hops at New York. NE5W TORK, Oct- 17. Hops Steady. JUVENILE FAIR AT CLATSOP Thfe Thousand School Children Take Part in Astoria Parade. ASTORIA. Or.. Oct. 17. (Special.) The Clatsop County Juvenile Fair opened this afternoon with a parade In which fully 8000 school children participated. The little ones were at tired In all kinds of fancy costumes. some of them representative of nur sery tales or Illustrative of some par ticular Industry of the section in wnicn the particular school Is located, others of a burlesque nature. The fair, which will continue until tomorrow evening . Is a pronounced success in every way. The exhibits are not only extensive but creditable. They include various kinds of vege tables and small fruits, results of the children's labor, as well as displays of scores of articles manufactured by the manual training classes, cooking, pastry and preserve exhibits by the domestic science department ana fancy work by the girls' classes. The art department nas a Deautirui exhibit, where the pupils are display-, lng work in water colors. Ink, charcoal and plaster. The conventional de signs for wall paper, tapestry and other interior decorations show the originality of the designers and the careful study of color combinations. Centralla Expects 8 00 Teachers. CENT RALLA., Waslu Oct. 17. (Spe cial.) M. L. Carrier, County Superin tendent of Schools, announced today that 800 teachers would be here next week to attend the Lewis County teach ers' Institute. It is evident that the hotels of the city will be taxed, and Mr. Carter has asked residents to throw open their homes to the visiting peda sroarues. Many prominent speakers will address the institute, while each night a high-class entertainment will be held In the high school audltorlu- First National Bank Cap tal $1,500,000 Surplus $1,000,000 Oldest National Bank West of the Rocky Mountains CORNER FIE ST ASD WASHINGTON ETS. Fit; cLi ff ax&&&a Uifct Lin to ttvrt-raru UnuMf I"1 PJ K-f'-Jj czT ojuiinM trom .Kaw Yom very v tiiijuii,y. lo A. U. i oalllngs NEXT t SAiLtNi nTLJFi-)Z& next t LA LORRAINE. Nov. 5 M.A l'UOKS( K No., ltt UIILIUINK D 8 LASAVOIL ....Nov, li ti'IiANCE(new)Nov. 10 I.AAVOiL Oeo. 1 Twlu-screw sieamer. rQudrupie-screw steamer. gl'KClAL MTlKli.ll BAILING FKO.M NEW VOKK. I P. a, . ONK CLASd CAUi.M II and TH1KO-CLAMS 1-usieatan Only. CHICAGO Oct. 25 l4TOUltAlNlS Nov. 1 it. oiinerr, ov wri St.: a. . cnarllou, am Morrison t. js. M. Taylor, o. M. & St. f. Itr.; Doraey B. Hnillh. ii8 Oth St. I A. C. Mleldon, 100 Sd t. IL i-kvuu, ie ,u Bt.f .onn dur c. i. walker, agent I ulon I'acific BAPTISTS FOR VARSITY COKTENTIOX ADOPTS RESOLU TION' AGAIXST REFERENDUM. Example of Presbyterians and SEeth. odlsts Followed at Lebanon, ' Xone Deserting'. LEBANON, Or.. Oct. 17. (Special.) The Baptist convention In session in this city, following the example set by the Methodists at their recent confer ence and the Presbyterians In the Pres bytery, went on rcord today as em phatically opposed to the referendum measure against the appropriation for the University of Oregon by adopting the following resolution without a dis senting voice: "Whereas. The Baptist denomination has always championed popular edu cation by the state; and "Whereas, The development of the educational system of the State of Ore gon has been hampered for nearly six years by a misuse of the referendum in holding up necessary funds granted almost unanimously by the Legislature; and "Whereas, The recent passage of the mlllage bill for the support of the Unl' versity of Oregon and the Oregon Ag rlcultural College will. In 1915, auto matically take both Institutions out of politics and allow them to devote all their energies to educational problems; be it therefore "Resolved, That we, the Baptists of Oregon. In convention assembled, as sert our confidence in and support of higher education by the state and urge our ministers and laymen to uphold the University of Oregon in Its efforts to secure adequate financial support; and "Resolved, That we urge a friendly co-operation by McMlnnvllla College and the University of Oregon in fur thering the Interests of higher educa tion In the state: and "Resolved. That these resolutions be spread upon the minutes of this con vention- and be handed to the re pre sentatlves of the press, with a request that they be published." Strangers in Portland who are seeking information in re gard to business openings, invest ments, markets or other matters requiring a local viewpoint Are invited to make their in quiries of an offi cer of the North western National Bank, who will be pleased to give what informa tion the bank may have or direct them to proper sources. lilrart LAnm to ft&mvre-farls I trom New Yora tvai vv ediivnuuy. 10 A. France New Wed., Oct 29 iHiia, oin ana btara s(.( atfenia. I'onmna. Kuilnar. TRAVELERS' GC1DB. Buy your ticket lo San .Francisco only. San Francisco To Los Angeles in 18 Hours Brvak tha monotony and fatlkna of yoat trip to 8onthrn California thU year by coins to the outheirn oitlea au too P Uftl Stotvmahlpt Yale Harvard "ThSUps with Ha NrftdSerrk ThMecrea't ahlpa r th fMtt flylnc the A me r loan flag. Erotr oonreulwncwof modern hotel. IXoomy stateroom, pacioua decks) and ver.v luxnry that adHt to the oomfortof a trip by aea-no iiaoka, no dust, no dirt, no.noipe SAILINGS For Los Angeles i?Zv5&Yn1i Saturday. For San Diego &.wdn"d7 " For Tlckth. ReunotlonB. Caff or Wrtlt Pacific Navigation Co. FRANK. BOLLAM, Acent, 124 Third St. Main to. A 48M. TO SAX FRANCISCO. t.OS ANGELES AMI SAX DllXiO S. S. ROANOKE WEDNESDAY, OCT. tt, P. M. COOS BAY AND El'RKKA S. S. ALLIANCE FRIDAY, OCT. 17, P. M. NORTH PACIFIC STEAMSHIP 12S-A THIRD PTKEKT Pboncs Main and A la 14. CO. AUSTRALIA TAHITI AND NEW ZEALAND. Ronnd Trip Rntni 1st class to Tahiti 1 lo VteilinKlao S2O1.40. Ul BUUCJ MIU. npccial Pacltlo Oreao lour Oneluotna Eoutb Sua Isles) to Sjrdoaj via Tahiti. Rars lonca and N.or Zealand and returning ts ban Francisco lor Vancouver) via Aucki.sd. FIJ' or Kamoa and Honolulu. 1825. 1st olasa, Scop-overs tny point, good one year, tiell Infs from Baa Francisco Oct. 13, Nov, 12, Dec 10, etc L ulon bleamsblp Co. of New Zealand. Ltd. Office: 6Jtt Market Street. San Francleco. 11AH1A. RIO DE JANEIRO. 8 AN TO. HONTKVIIIKO AND ROSARIO Large, New and rut Pawntrr "tnmrrs tress New York every elLeronte Saturday. For rnirs. fete, apply local ticket Asnls, or SCSI bA.XIfliS. Ots Afl. Ml rrrfuM iehu( hn TS COOS BAY LINE Steamship Breakwater Sails from Alnswortn Dock, Portland, at P. M. everv Tuesday evening. Freight re ceived until 12 O'CLOCK (NOOMl OS SA.'LINO DAT. Passenger fare: First class, 10.00: Second-clans (men only), IJ.OO, Including berth and meals. Ticket office at LOvVF.R AINSWOKTH DOCK. PORT LAND ft COOS BAY STEAMSHIP U1NE, U H. KEAT1NQ. Agent. Phones: Main 300U; A 2382. EXPRESS 8TEAALERS FOB fiaa Francisco and Luc Angeles WITHOUT CHANGE. S. S. BEAR. 4 P. M., Oct. IS. ROSE CITY. Oct. S. THE BAN UA.SC ItjCO at POliiLAND 8. CO. Ticket Office. Sd and Washing; ton, with O.-W. R. N. Co. PT'oa atsrahaii 4&00. A 8121 J.C.WILSON&CO. STOCKS. BONDS, GRAIN AMD COTTON. NEW YORK BlOC'li. KXCHANOB, NEW YOUik COTTON E VCUAl'tilS, C'HJCAOO BOARD OF TRADE. THE STOCK AND BOND EXCHANGE BAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120. A 4187, ii i is i ii ss i ii ii iii i iii ii i i a lass