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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 14, 1914)
THE MORNING OREGONTAN. WEDNESDAY, JANUARY 14, 1914. 19 TRADE IS BLOCKED High Prices Offered Do Not Tempt Hop Growers. SHORTS BADLY PRESSED English Market Is Now Tending TJp. ward and AH Indications Point" to Karly Revival of x IKrt Demand. Offers that were made yesterday of 2Hi and 22 cents lor choice Oregon hops were turned down by growers. The market haa become almost blocked because of the firm ness of sellers. The same conditions exist In California, where 20 centa was bid for Facraraentos and 23 cents for Sonomas, but Called to produce business. The general feeling prevails among hop growers that the market Is on the eve of good advance, and they find warrant for this belief In the persistent efforts made by dealers to bay. Some of this intended pur chasing Is. no doubt, speculative, but there ts reason to believe that a good part of It ! for the purpose of covering short sales. It la known that sales were made In the East for early shipment as low as 23 cents de livered. These shorts will either, lose heav ily on their operations or try to deliver an inferior class of goods. In either case, their position Is not an enviable one. Current Eastern business Is also represent ed in the orders now on the market. No new transactlona were reported yesterday, but deals with growers were pending at 21 SI Si and 22 cents. It would occasion no surprise if the export demand were to revive soon. This, with the buying for the Esstern brewers necessary requirements, would produce an Interesting situation, and add to the grief of the short sellers. The following cable, received from Lon don yesterday morning, shows the change that haa come over the foreign situation: "Market is firm and tending upward. Good Inquiry and few sellers. Growers hold firm." Mall advices from London dated Jan uary 1, indicating conditions at that time, follow: "The Borough market was to a great ex tent closed during the holidays, but a few transactions took place at unaltered quota tions. Continental and American markets were quiet, and likely to remain so until the start of the New Year. Stocks showed signs of being exceedingly short, and trade would have to be very slow to prevent am upward movement In values.' London dealers' circulars, bearing the same oato, are liere given; TV Birong aemanu continues for Conner hops about 8 to 8 10s, but very few are now obtainable at these prices as sellers v.ere readily cleared before the holidays. Tlio American market la firm with slightly enhanced values for the better lots. Con tinentals are nearly cleared Thornton & Manger. The trade has opened after the holidays with more demand for good medium hops an j prices are very strong. W. H. & H. LoMay. Business Is quiet with rather more Inquiry lor gooa medium hops. Prices contlnus iirm. Wilde, ISeame gt Co. INDEKTOXE OF WHEAT MARKET GOOD Turchases Lately Made Are at Sellers' Prices. Orower Everywhere Hold linn. -mere is a very good undertone In the wheat market as not much Is offering. -'D has been bought at 8$ centa hut most dealers consider this as too high by at least halt a cent. They quote ordinary bluestem worth 5i4 cents and choice Big Bend bluestem at 86 cents. There is no demand from the Orient for flour, and Is not likely to be any soon unless freights ro reauceu. rain xeea Is holding steady. A few small mm. aro euu grinding and are offering their output at current prices. When they cense a general advance may follow. Local receipts In cars were reported the Merchants Exchange as follows: by , Wheat Barley Flour Oats Hay Monday sr 15 21 14 ,J Tuesday 60 5 8 12 4 6 e .... K .... .-unaon 10 aate 13011 1754 1560 1207 1693 ruga US77 1687 1220 1130 1300 In his weekly summary of the world's Wheat situation BroomhaU says Indian shipments keep- fair, considering me crop situation there, and Argentina Is nipping 01a crop freely, and Old reserves Are ...... sw wneat is arriving at the I ports, although the amount ihlnnril ,! freedom of offers will not -nn,nar. i,u last year or nr.vlm,. . T.....7. the Balkan States show Indications of good home supplies, but shippers are predicting that the Continent will consume the b.lfc of their exports, thus leaving tv.. TTf.- Kingdom dependent almost wholly nnon North America for Immediate supplies, and me interest reverting to Argentlni Australia for forward necus. and AKjng a Droaa view of the situation. I find that Siinnlla. nr nm.i. . large demand, but the anutinn ,, .... ,h. ,,. fronts the trade at the present time Is ........... . uv uresent prices ao not rep- resent an irreducible minimum below which growers will not offer except after a long period of waiting, or unless compelled to sell as a result of an absolute need of money. At the present time growers the worm over are holding firmly.' LOCAL EGG RECEIPTS ARE INCREASING Retailers Buying Only From Hand Mouth Cheeao Is Higher. to .gg receipts are liberal. This with the hand-to-mouth buying by retailers keeps the market tn a weakened condition. Yes terday's quotations were S435 cents. Large buyers offered S3 cents. One year ago the average local quotation was SO cents. Poultry was firm. Hens and Springs sold at 1SH cents. There was a good demand for ducks, buyers paying 18 cents for white Peklns and 14 cents for colored. Dressed meats were steady. A small shipment of cheese was received from Tillamook and cleaned up quickly at 20 cents, a material advance over the price received xor tne preceding shipment. The Indications are that cheese prices will be high throughout the Winter. Storage stocks are not believed to be large. AO changes were reported In the butter market yesterday. POTATO SHIPMENTS OF FAIR VOLUME Large Surplus In Country, However, Keeps Prices Down. Potato shipments are now averaging about ten cars a day. . The movement will have to be largely Increased to work off the sur plus that Is In this state. Some Texas bust ness is being done, as Idaho cannot com pete for this trade, owing to the danger of frost damage en route. Orders for seed po tatoes are also being received. The San Francisco demand Is limited to fancy table stock. Buyers are paying at oountry points 70 to 75 cents for the general ran of shipping stock and up to 90 cents for the best pota toes for the San Francisco trade. CONSUMPTION OF WALNUTS IS LARGE United Slates Could Fse All the World Produces. The United States consumed 60.000,000 pounds of rJngllsn walnuts last year, or more than the entire world produotton for this season, declares Secretary Staler, of the rullertoa-PIacentla Walnut Association, according to Fullerton, Cal., advices. He says: "It would not be an exaggeration to say that the United States will consume the en tlr wa,lnut crop this season If our dealers can get hold of ' It. Our consumption last year equals the entire output of all walnut producing lands for the present season. There has been a universal falling oft In the crop and in some places failure. Cali fornia is the only state in the Union where walnuts are 'grown for commercial purposes. Our crop is small. France is our nearest competitor, followed by Manchuria, Chill and Italy. There have been statements made to the effect that the Chinese arc going to ruin the walnut Industry of this country by producing Immense quantities with cheap labor. I do riot think these fears are Justified." Steady Demand for Apples. Apples are now going into consumption at a good rate. The demand Is largely for fruit at SI, 1.W and S1.75. but these grades, especially the latter, are becoming scarce. The stock on hand Is chiefly fancy and extra fancy or culls. Supplies of the latter, however, are much reduced. Two cars of oranges were received and sold well. A car of head lettuce arrived, and offered at $2.23. Celery war. plentiful and quoted at S3.503.75. Other vegetablea were in good supply. Butter and Eggs In Btorare. The report of the National Warehouse men's Association shows that in 4e of the largest warehouses of the country on Janu ary 1, 1914, there were 88,408.800 pounds of butter, against 25.863.100 pounds the same time a year ago; Increase 10,633.700 pounds Ekc holdings on January 1. 1914. 413,40V cases, against 81G.600 cases the same day a year ago; decrease, 503,200 cases. Bank Clearings, Bank clearings of the Northwestern cities yesterday were as follows: ' Clearings. Balances. Portland J2.1&3.03O S167.203 Seattle 2,680.859 443.523 48,44!) 781.47 62.170 Tacom Spokane PORTLAND MARKET QUOTATIONS. Grain, Flour, Feed, Etc. WHEAT Track prices: Club. 85HS86c: bluestem, 96c; forty-fold, S6(gS7c; red Russian, S5c; Valley. 8flc. Kl.dl H patents. per Darrw straights, S4.00; exports, $3.653.S0; valley. $4.60; graham, S4.au; wnole wneat, .oo. OATS No. l white, s:4.ftura-o per ion. CORN Whole, 35; cracked. $38 per ton. BARLEY Feed. L'424.00 per ton; brewing. 25.00, rolled, 20.r0(27.50. hai ro. l eastern uregon iitnoiuj, J18.60; mixed timothy, $14.00; alfalfa, $14; clover, $9010; valley, grain hay, $1118. MILLFEED tsran, s.'i.uucx az.uu per too; shorts, $23.00 24.00; middlings, $2930. Fruits and Vegetables, T f Inhblnr Quotations: tropical FRUITS Oranges, navels. 82.25 (a) 2.75 ner box: Japanese. $1.40 per bun dle; lemons, S3.00&5 per box; pineapples, 7c pound; bananas, 4Vfe0'Oo per pounu; pome granates, $2.50 per crate; grapefruit, $4.60 5.50 per box: persimmons, $2 per box. ONIONS Oregon, M.2S per sack, Duymg price $2.75 f. o. b. shipping points. VEGETABLES Cabbage, 2c per pound; rniilfflnwer. 7.ic ft S1.25 ner dozen: cu- rumhera. 11.25 1.50 Per dozen: eggplant, 10 124c per lb.; peppers, UB7c per id.; raa- t:ti I4irii''i. ner in. neaa lettuce. a.o ner crate: garlic, 12H15c per pound sprouts, 12Ho per lb.; artichokes, J per dozen; squash, lV4lt4c; celery, $3. i5 per crate; beans, hjvc; tomatoes, t.to. crate; hothouse lettuce. $1&1.25 per box; spinach, 75?tSOo per crate. tltn;?;.N t Hull Apples, ioci..J M". box; grapes. Malagas, $7.6039 per keg; em perors, $4 per keg: cranberries, $12 U.su ner barrel Dears. Z1.25UC1.7&. POTATOES Oregon, suc8'$i.oi per nun- dred; buying price. 7uCO'oc at snipping points; sweet potatoes, $2.26 per crate. BACK VEG12rAtll.JiS lurnips, fi..J, carrots, $1.10; parsnips, $1.25; beets, $1.25. Dairy and Country Produce. 1 I Local Jobbing quotations: POULTRY Hens, 16V4c; Springs, 16o: turkeys, live, 20(ft'22c; dressed, choice, 25 27"c: ducks, 1416c; geese. 1214c EGGS Oregon fresh ranch, 344PS0O per dozen. CHEESE Oregon triplets, 20c; Daisies, nominal: Young Americas. 21c. BUTTER Creamery prints, extras. 33 35c pound; cubes, 30c per pound. PORK Fancy, 10 a per pound. VEAL Fency, HMc per pound. Staple Groceries, Local Jobbing quotations: KALMUN coiumoia ttiver, onB-pouna tails. $2.25 per dozen; half-pound flats. $1.40; one-pound flats, $2.45; Alasaa, pink. one-pound tails, soc; sllversiaes, one-pounu talis. $1.25. homey Choice. S3.25 (33.75 ner case. NUTS Walnuts, lOSic per pound; Brazil nuts, 20c; filberts. 15fa'15Vtc; almonds, ZJ 21c; peanuts, Diyisc; cocoanuts, xi.uu per pound; chestnuts, 10c per pound; hickory nuts, eftttfttc; pecans, iic; pine, 1' jl w 20c. BEANS Small white. 8c: large white. 4.90c: Lima. 9.30c; pink, 4V4o; Mexican. 5 He: bavou. 5c. SUGAR Fruit and berry, $4. 00; Honolulu plantation, $1.85; bet, $4.70; extra C. $4.40; powdered, barrels. $5.15. - 1 COF.i Roasted, in arums, 1090.0 per pound AT.T Granulated. 114. 0O ner ton: half ground, 100s, $10.25 per ton; 00s, $11 per lon uairy, tii-ou per ton. I 1 LI) I rDTTTTg & nnlAa 1A . ... nftnn' apricots, irwi4c; peacnes, siic; prunes, Italians. 8iil0c: currants, 8'Ac: raisins, loon, Muscatel, 6?47V4c; bleached Thomp- son, lle; unbleached Sultanas, 6o; seed. $1.40 ner box', I FIGS Boxes. 12 10-ounce. 83e: 16 12- ounce. $2.25: SO 8-ounce. $1.85; TO 4-ounce, $2.15; Smyrna, 40-pound boxes, 20c Provisions. HAMS 10 to 12-pound, 1819c: 12 to 14-pound, 18lBc: 14 to 18-pound, 18 19c; skinned. 1SV4C; picnic, 16c; boiled, 22c BACON Fancy, Z6(g)27c; standard, zit 24c. DRY SALT CURED Bacon, lSH20c. short clear backs, I416c; exports, low lOttc: strips. 1017Hc LARD Tierce basis: pure, 1241814o compound, lOttc. Hops, Wool and Hides. HOPS 1913 crop, prime and choice, 21 22c: 1814 contracts, lbc. PELTS Dry. 10c; dry short wool, 7c: dry shearlings, 10c; green shearlings, 10c; salted lights, 60075c; salted heavy. 73 w 90c Hides Salted nides. 12 V- c per pound salt kin. 13c: salted calf, lac: green hides. ll4c; dry hides, 23c; dry calf, 25c; salted bulls. Sc ner pound: green bulls. 7a. nuuL valley, liuc: eastern uiciun, MOHAIR 1013 clip, 26c per pound. CASCARA BARK Old and new, 60 per pound. Oils. -Barrels, 13 Vic; COAL OI oaaes, 17V4 S 20W.C. GASOLINE Bulk. 16c; cases. 3c; motor spirit, bulk. 16c: cases. 23c LINSEED OIL, Raw, barrels, 610; Donea, barrels, 63c; raw, cases, 00c; boned, esc. TURPENTINE In cases, 66c pef gallon. SAX FRANCISCO PEODCCE MARKET Prices Quoted at the Bay City for Vego- tables. Fruits, Etc. SAN FRANCISCO, Jan. 13. The follow. Ing produce prices were current here today Cheese .New, 166rl7c; xoung Americas, 16 (B115V4C. Fruits Apples, Bellflowers, $1.15 01. CO Newtowns, $1.40(1.75; other varieties, 60c w 11.65; Mexican limes. I3.604.50: pine apples, ii.75$?3; lemons. $2s.6u. Esg-s Fancy rancb, 4Sc; store, 43o. Butter Fancy creamery, 28c: seconds, 27 Vic. O n Ions Norn 1 n al. Potatoes Oregon Burbanks, tl.25l.B6; River Delta whites, 7Sc$l.S0; Salinas Bur- banks, nominal; sweets, $1.251.65. Vegetables Cucumbers, 7ocl2; green peas. SQxloc: string Deans. lffl2He; egg plant. Southern, 6 7c. Receipts Flour, niv quarter sscks; oar- ley, 9740 centals: potatoes, 4730 sacks. Metal Markets. XSV lUIUk, i i.. qmai,' iiUOV 4.10; London, 19 17s 6d. fcipelter quiet, o.,:ui(f u.ou; liDusan, 1x4 iui, Copper unsettled. Standard, spot not quoted; January to April, offered at I8.8TM1; electrolytic, 14.12 V4 T 14.87 : lake, 18,00, nominal; casting, 13.87 H w 14. 00, Tin steady. Hoot, Hij.sriitmT.oO' January and February. BO. SO 37.00; M to 87.12 Hi April, 8a.95 4p 87.23. Antimony, dull. Cooksona, T. juarcn. su.H7 6a 4HOT.80. Iron steady, uncnangea, Dolath Linseed Market. DULTJTH. Jan. 14. Closo: l.lr.aosii. $1.61 Vi; January, (LC0HS May, 1.6')4, STOCKS HOLD HUM Early Tendency to Sag Quickly Overcome. Is STEEL SHARES ADVANCE Bond: Market Is Strong With Buying of Rock Island Issues Principal Feature - Money Rates Are Easy. NEW YORK, Jan- IS. After overcoming an early tendency toward a lower level stocks held firm today. Securities of the independent steel com panies a train made a good showing-. A fea ture of the trading; was the further loss In New York Central, which brought down the price of that stock temporarily to 88, Its low point since 1S96. Knsragement of 62,000,000 gold for export to Pari, while not expected at this time, had little Influence on stocks. The call money market waa not Influenced, renewals being made at per cent. The bond market was strong. Buying of Rock Island issues was the principal fea ture. Total sales, par- value, $3,060,000. Panama 8s advanced on call. CX.OSIXO STOCK QUOTATIONS. Heported by .T. C. "Wilson & Co., LewU Closing Pales. High. Low. Bid. Amal Copper .. 8,600 724 71 72 Vi Am Beet Sugar. 2,810 26H. 26 25 Am Can Co .... 3,200 82Vi olH 81 54 do preferred.. 1.3 00 S2!i 91 5i B2 Am Car & Fdy.. 600 40',, 43 Va 45 Am Cotton Oil.. 1.400 41 40 40,4 Am Bmel & Ref 50O 4t 3 74 64 Am Bmel ft Kef. 200 09. 90 JM"4 Am Sugar 100 1051,, 10541 105 do preferred.. 110 Am Tel A Tel.. POO 120 J19U HB'i Am Tobacco . : . 30O 246 245 244 Anaconda 600 84i 34 1 844 Atl Coast Line.. 200 lit)' JlD'-a 119V; A T & Santa S'O 600 MH . 04Va Bt, do preferred.. 600 - 9S 97V 98V Bait & Ohio ... 1,200 90H 0h, 00 Brook R Tran.. 800 SO" 88'!, SST, Canadian Pao. . 7,1 0O 207 206 U 207 i C & O ; BOO 61 01 61 C & G "W 600 18 12 13 C & N W 200 12914 1294 1294 O, M & St Paul. 1.900 100 100 lOOVa Central of N J 310 Chino 500 ,!7i S8V4 -''SH Col Fuel & Iron 5.000 82 31 81 Vt Col Southern . .... 26H Consul Gas .. 1S0V4 r l & w 386 D & H O Distilling Becur. 16H 174 28 T4 83 '.i Erie Gt North Ore . . Gt Jorth pf ... Illinois Central. 126 Interboro Metro 15 do preferred. . 61 2H 1524 18t4 10 K C Southern.. Lehigh Valley.. J.ouis Ac aen.. Mexican Central M. S P & S S M Mo. Kan & Tex. Mo Pacific J'-'-) 20 20! 4; 3 28 National Iead.. Nat Biscuit .... do preferred.. N Y Central . . . N T, Ont & Wes Norfolk A West. North America-. Northern Pacific Paclrio Mall .... Pacific T & T.. Pennsylvania ... People's Gas .. . Reading Republic S & I. Rock Island Co. Southern Pao .. Southern Ry . . Texas Oil Union Pacific . . do preferred.. United Rde K F. TJ S Steel Cor. . do preferred.. Utah Copper . .. Wabash Western Union,. Westing Elec. .. 119H 80 26 101 69H HO 24 T4 1,500 600 "21,6 29.000 2.000 2.000 8.000 5.10O 6,400 13.200 100 46,766 400 1,500 110 '4 25U iioH 124 189 224 141, 25 14 5 H 1574 t4' '66 4 108',4 BO',4 109H 24 H iiovi 128 1'.S 22 4 38V4 om 24 H 141 4 156V4 "69',4 108 '44 4974 110 123 1094 2S 13T4 1 - 24, 14J 150 84 Vi 60 108 604 s 60H 66 700 1.500 60 66 69 66 Wisconsin Cent. 44 Total sales for the day, 277,800 shares. BONDS. Reported by Overbeck & Cooke Co., Board of Trade building, Portland. IBld. Asked. Atchison general 4s Atlantic Coast Line 1st 4s. B & O gold 4s B R T 48 1 Chesapeake & Ohio 4s.. C M & 8t p gen 4i4s 63 3 2 . . 92 .. 88. .. 94 ..101 .. 49 . . 92 ..95 .. 72V4 .. 76 S3 89 94 101 u r 1 coi as Cal Gas 5s C B Q joint 4s Erie general 4s. Int Met 4tes Louisville & Nashville unl 4s.. Missouri Pacific 4B NYC general 4MiS N & W 1st con 4s Northern Pacific 4s Oregon Short Line ref 4s... r.. OreKon Ry Nav 4s OO 834 95 7. i 77 . 3 Vi . 61 . 82 . 94 . 62 . 89 . 90 4 . 76 T4 .10O . 92 T4 . 73 H - 90 . HI .103 . 74 M . 611 .101 . 93 .544 . 0114 . 85 z . 98 . fSH .102 .102 .111 .112 83 T4 93 61i,4 97 100H Pacific Tel 6s.... Penna con 4s. ............... . Reading general 4s. ......... . St L & S F ref 4s Southern Pacific ref 4s....... Southehrn Pacific col 4s 91' 02 Southern Railway 6s Southern Railway 5s 103 H 72 92 Union Pacific 1st and ref 4s.. United States Steel 5s West Shore 4s Wabash 4s 101 55 92 86 V estinsrhouse Eleo conv os... Wisconsin Central 4s United States 2s registered.... 9 United states 2s coupon United States 3s registered. . . . 103 103 United States 8s coupon United titates 4s registered.... 112 United States 4s coupon....... Stocks at Boston. (BOSTON. Jan. 13. Closing quotations: Allouez 34 Nevada Uon . 14 Amalg Copper. . 72 ivipissing Mines. 272 A . 1. & m.... -i i ."ion i uui us.. . . . Arizona Com .. 44. North Lake Cal & Arizona.. 63;oid Dominion... Cal &. Hecla....415 lOsceola ........ Centennial 14 iQulncy ......... 75 CO Cop Ran Con Co 364 (Shannon ....... :a2 E Butte Con M. 114, Superior 26 4 Franklin ' 8 Granby Con . . . 74 Greene Cananea. 30 bup & Xsos Min 2 I amaraclc . . . . . U S S R & M.. do referred.. 29 88 Royalle (Cop) 19 Kerr Lake i 44 Lake Copper. ... 8 Utah Con 84 i tan copper Co. tu Balls Copper 4 Winona 254 Miami copper... myi i w oiverino ...... 4 Mohawk 48 Money Exchange, Etc NEW TOPIC. Jan. IS. Call money steady. ZV12; ruling rate, 1:14; closing a4i. rime loans easier; oy ana u cays, a.; six montns. 4&4y. Mercantile paper. 4fefi: sterllnir ex- change easy, 00 days. $4.8350; demand. $4.bO; commercial oiiis, .o-xt. i-Jar sliver. dic Mexican dollars. 44c Government bonds firm; 'railroad bonds stronc. LONDON. Jan. 13. Bar sliver, steady, 20Hd; money. 2M: 3 per cent; discount rate for short bills. t&3 per cent; do. three months' bills, 33 13-ld per cent. SAN FRANCISCO, Jan. It. Silver bars. unchanged. . aterllng on London, 60 days, $4.83 $4.87. sight. HOG RECEIPTS LARGE MARKET HOLDS LTE 1ST GOOD Rrx, SPITE OF Choice Sheep Are Sold at "To. Prices Trading: Is Light tn Cat. tie Division. There was a good run ef hogs at the stockyards yesterday, but reoelptu otherwise were llRht. There was no material ohange in market conditions, The steers offered for sal brought frem 0 to $7. The eows were of better quant. and sold for the moat part at $0,40 and ta.no. Hogs held at the .d pries In spite ef the liberal reoeipts, The bulk of the sales were at $s.0H, and ST. '"5. A few heavy hags went at $7 The healthy pasitien ef the sheen 1 ras shown by the sale ef a load of market was shown by the sale ef a load of choice ewes at $4,50, Poorer ewes brought a.ba and a bunch of cull lambs sola at io. II ii,i..i i.i . n-pi'ii 1 ! 7 hnM and US Hhaan Shippers were: J. M, Barry, Anderson,' b (jars hogs; James H. Lee, Anderson, a cars hega; Hugh Ouinmltigs. Junction City, 1 oar ! 1 ti n I l umiBB n into, 4 j-, , .- imaD f, . emltn. Urover. 1 ar tegsj A, W, 400 16 IB" JUO 17, 17, 2.3 00 26 2S?4 1.100 3 8 1,24)0 126 Vs 126 2,160 "is "isii 4,200 62U Kl 500 25 25 6,700 ir.24 iron ; 100 186H 136H 4f0 10 10i 200 125T4 125-ji 600 20 Vm 20 '3 700 20 20i 6.866 .'89vi "SSH "1.606 ioi iooTi" ?! Jones. Heppner. 1 car hogs; Jetf Jone Heppner, 1 car hogs; A. 8. Bennett, Shanlk 1 car hogs; North Portland Livestock & Trading Company, who drove In 195 hogs; J. S. Prahl, white Salmon, 8 cars sheep. . The day's sales were as follows: Wt. Pr.t TVt. Pr. 247 ewes . 1 cow . 10 steers 8 cows . 1 stag . 8 cows . S cows . 1 calf 2 bulls . 3 cows . 8 cows . S steers 80 hogs . 1 bog .. 1)5 13.85 247 ewes ... 1H $3.85 .11S0 D.OOilllewes ... 107 4.60 .1105 . 0B8 .1200 .113-J .lies . 160 .1055 .1167 .1027 . 850 . is,-, . 400 o.ou 8 steers . .1018 6.00 27 cows ... 725 B.60I 27 steers .104S 6.75 6.40 6. a 5 7.00 6.25 6.60 8.05 8.05 8.00 7.28 8.00 S.00I 14 steers ...1122 B.'-'.V 3 steers ...10U3 9.0O 23 cows . . 5.25 80 hogs .. 6.."0; 80 hogs . . S.25I & hogs . . 6.0O 7 hogs . . a-PlI 7 hogs . . .loen . 224 . 215 . 174 . 890 . IN 3 I.V'V - I cull 1 V' 57 6.00 current local quotations on the various classes ox livestock follow; Prime steers $7.25(217.50 Chok-e steers 7.00 & 7.25 Medium steers 8.75 7.00 Choice cows tSMSiv 6.50 Medium cows S.0O& 4.25 Heifers . 6.00 6.75 L.ignt calves s.uo tgi s.oo Heavy calves .................. .00( 7.7S Bulls .. 4.00(0 6.73 6.00 9 Stats Hosts Light Heavy 7.25 8.05 6.60 7.25 5.000 5.71 J. 50 4.50 6.00 6.35 She Wethers Ewes Lambs OmBhs Livestock Market. SOUTH OMAHA, Neb., Jan. 13. Hosts Receipts, 14.600; market, higher. Heavy, 7.S68; Hunt. ST.SOe T.tX- DlKS. 6.5O7.50: bulk of sales, $7.80 7. 5. Cattle Receipts. 62C: market, active. Na tive steera S6.75fi8.75; native cows and heifers, 67.75; Western steers, tt.30ijt!, Texas steers, $ 5.75q37.2u: Texas cows and heifers. 5.507; calves. 74l 10. Sheep Receipts, 11,000; market, steady. Yearlings. jr..8j'd 6.00; wethers, 5.255.60; lambs, 7.16(88.15. Chicago Livestock Market. CHICAGO. Jan. 18. Cattle Receipts. 50O0; market, slow. Beeves, $6.65 9. 40; Texas ateers. S6.S5&8: Western steers, $6.10 .76. stockers and feeders, S57.60: cows and heifers, $3.408.SO; calves, $7.50 11.75. Hogs Receipts, 32,000; market, steady to snaae under yesterdays average. Light, $7.5S.22tt ; mixed, $808.40; heavy, $80 a82Vt: rough, $88.10; pigs, t6.75O7.90; bulk of sales, $8.1598.25. Sheep Receipts, 17,000; market, weak. Native, $4. 85&.95; Western. $4.80(96.10; yearlings, $5.907.05; lambs, native, Jd.7Sj 8.25; Western, $6.75&.25. WHEAT RALLY IS SHARP EXTORT BUTIIO BRINGS MARKET TO FIRM CLOSES. FnrcltsusfMS for Shipping: Aeeonnt Kansas Clry, Omasa and Chics aro. World's Supply la Larsje. CHICAGO, Jan. 1 3. Export buying tnrougnout the West rallied the wheat mar ket today and brought a firm close, H&0 to o above last night. Corn finished at o decline, oats Varying from Uo off to a shade advance, and provisions with gain of 67lto to 174c. A big Increase in the worlds available supply tended to make the wheat market rather soft during the first half of the day. Export sales at Kansas City and Omaha as well as here brought about a subsequent rally. Resumption of shelling led to a develop ment of bear sentiment regarding corn. Resting orders to sell flattened out the oats market. Profit-taking by shorts checked the decline and led to some re action. , Buying for stockyards aecount gave the provision market a lift. Grain Interests, too, were said to nave purchased freely. The leading futures ranged as follows: WHEAT. Open. High. Low. I .itt- .87 ?4 Close. .88 May .1 $ .814 July 87 1 .80 CORN. Mar .651 .66 .65 .644 .66 July ...... .64 .654 OATS. May 89 .40 July 32 .394 .8H .38 .804 .39 MESS PORK. Jan 21.324 21.STH 21.80 21.8T4 21.05 May 21.424 21.55 2L42i LARD. Jan 10.974 10.874 10.974 11.25 10.74 11.274 May 11.25 11.274 SHORT RIBS. Jan 11.80 11.874 11.80 11.874 11.674 May 11.60 11.5-7 11.50 cash prices were: Corn. No. S. S0fl)03c: No. . S white. 66 If 67c; No. 3 yellow, 614634c. rtye, jno. 2, eoc Barley. 50372c 'i 1 ...... 1 . .. o r. :T. fz - . ...... .11,7 , ; l" I I' (I II. .1 II, Clover, $13.0Oi& 14.76. San Francisco Grain Market. SAN FRANCISCO. Jan. 13. Spot quota tions: Walla Walla, $1.53 (SL55; red Rus. sian, $1.514 1.524; Turkey red, $1.55 fa) 1.574: bluestem, $1.574 41.60; feed bar ley. 1.27 ot 1.20 : brewing barley, nomi nal; white oats, $1.40)1.423; bran. $23.00 23.50; middlings, J3ual; snorts, $2s(&J25.ao, Jau board vv neat, steady. .Barley, weak: December, Sl.10 bid, $1.21 isaea; Aiay, SL27 asked; S1.8U bid, C1.31 asked; January, February, $1.28 asked. Paget Sound Grain Markets. SEATTLE. Wash.. Jan. 13. Wheat Blus- stem, 95c; fortyfold, S6c-; club, S6o; fife. buo; rea Russian, sac. xesteraaya car receipts wheat. 40: oats. 8; barley, l-t; hay. IK; (lour, . TACOMA. wash., Jan. 13. Wheat Blue- stem, 95o: fortyfold, 87c; club, 86o; fife. 8c. Yesterdays car receipts Wheat. 40: bar ley, 1; corn, lj oats, Z; rye, 1; hay, 13. , Eoropesua Grain Markets. LONDON, Jan. 13. Cargoes on sassaars steady. Eng-Ilah country markets quiet; French country markets quiet. LIVERPOOL. Jan. 18 Wheat Soot flrm futures steady. March. 7a 2d; May, 7s IHd; July. 7 l4d. Minneapolis Grain Market. MINNEAPOLIS. Jan. 13. Closo: Wheat rs o. x nara, whc; r.o. a wonnern, Mi ty 89c; No." 2 Northern, 816c; No. 8 wnefn.. k c; &iay, Mil (ff a a ; juiy, 89?io. Flax. $1.4841.51. Coffee and Sngar. NEW YORK, Jan. 13. The coffee mar ket showed renewed firmness today and after opening steady 9 ' to 10 higher, sold up to a net gain of 12 to 16. This advance encouraged by higher European cables and firmer cost and freight offers from Bra- :il, but the Improvement seemed to attract European selling as well as local profit' taking, under which the market reacted. The close was steady, net unchanged to 13a higher. Sales, 101, 000 bags. January, 9.30c; March, 9.63c; May, 9.70c; July, .9c; Sep tember, IO. 14c; October, 10.19c; December, 10.29c Spot steady. Rio, No. 7, 9o; Santos No. 4, 12c- Mild quiet. Cordova, 11916c nom inal. Raw sugar firm. Muscovado, z.70e; centri fugal. 3.29c: molasses sugar, 3.64a, Refined quiet. Chicago Dairy Produce. CHICAGO, Jan. 13 Butter, lower. Cream erlea. 23(g) 24c to 32 tS S2 V e. Eggs, higher; receipts, 4342 cases; at mark. cases Included, UK2olc; ordinary nrsts, iW 29ttc; nrsts, ai vsc Cheese, unchangea. Cotton Market. NEW YORK. Jan. 16. Soot cotton onlet. Middlings, l.o; guir, iz.nj. NEW COURSES PLANNED I jjcan of Forestry at O. A. O. Returns From Trip In Bast. OnEQON AGHICTJLTT-RAXi COT.T.KOE, Corvallls, Jan. 18. (Special.) Pro fensor Peavy. dean of forestry at the Oregon Agricultural College and head of the student affaire committee, reached CervaUls early this week after an extended trip through the East During; hla Journey -Mr, Peavy visited the forestry departments of eeveral of the larger oolleKos and universities and sained much information which will result In the establishment ct new courses in the forestry and logg-lns engineering department here, Partio ula.F attention waa paid to the industry oenneQted with the preservation and utilisation ef by-products or the lumber business. While in the East Mr, Peavy als gathered much information with re THE UNITED STATES NATIONAL BANK PORTLAND, UNITED STATES DEPOSITORY Capital ... . $1,000,000 Surplus . OFFICERS 3. C, AKSWOBTH, PresrMntt. R. LEA SARHES. lePreaIda. R. W. 1CHHEER. Cash! eft A. M. WBIQHT, Asst. Caaalsor. W. A. SOLT. Asst. Caaalcr. P. 8. DICK, Asst. Cashiers, THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1864 Capital Paid In $8,500,000.00 Surplus and Undivided Profits. -.$7,969,491.97 Commercial Banking and Savings Departments PORTLAND OFFICE Third and Stark Streets LADD &TILTON BANK Established 1859. Capital , $1,000,000 Surplus 1,000,000 Commercial and Savings Accounts OFFICERS. V. M. Td5, President Robert S. Howard1, Asst. Cashier. Edward Cooktngham, Vice-Pros. J. W. Ladd. Asst. Cashier. W. H.Iunckley, Cashier. , Walter M. Cook, Asst. Cashier. Corner Washington and Third Streets. First National Bank Capital $1,500,000 Surplus $1,000,000 Oldest National Bank West of the Rocky Mountains CORNER FIRST AND WASHINGTON STS. gard to the establishment ana opera tion of students' co-operative dook- stores in Eastern institutions. Clifford Barlow Named Postmaster. WAEEENTON, Or.. Jan. 13. (Spe- lal.) Clifford Barlow, merchant, to day received his appointment as post master, to succeed Eva A Denver, re signed. The appointment was made as a result of a civil service examination taken last September. The new post master will assume his duties this week. DAILY METEOROLOGICAI. REPORT. PORTLAND, Jan."l- Maximum temper ature, 47 decrees; minimum, 43 aesrees. River reading, 8 A. M., 7.6 reet; change in ast 24 hours, . loot tail. raunaii v P. M. to 6 P. M.), .17 Incn: total rainiau since September 1, 1913, 20.08 Inches; nor mal rainfall since September 1, 82.25 Inches; deficiency of rainfall sines September 1, 918, 1.67 lncnes. -lotail sunsnine, u, possible sunsnme, nours. cmimwor "a duoed to sea level) at 5 P. M.., 29.92 Inches. THBS WEATHER. Wind STATIONS. State at weather. a a Baker .... 40O.O0jl2'SB 4il'0.K 4tSB 0 ft.00'10 SB BOO.OOUO'rfW 42!0.OO 4'8 10 O.OO 101SB COO. 00 4 S 4 2 0.04 10ISW 58 0.00) S NE SOi.OOilliiS 87 0. 07 4 SW 690.00 4'SW 48'O.W 4'S B0!O.22l 4?SH Clear Cloudy Boise Boston Denver Clear Clear Ies Moines ... Clear Duluth fCloudy Galveston ..... Helen?. ........ Jacksonville . . . Clear Pt. cloudy Clear Clear Kansas City . . Laurier ....... fcioudy Los Angeles ... Marshfield .... Cloudy Bain Medford ICloudy Montreal ...... i-22.O0,82J W Clear New Orleans .. New Yorlc Cloudy 10O.Oo!3SjNW Clear North Head ... 44'0.t)i:HfEi Cloudy North Yakima . 42O.00 oiNWfClear Phoenix 70 O.OO Pt. ciouay Cloudy Cloudy Pocatello Portland - Roseburg Sacramento St. Louis SS 0.O8 47rO.!7 4'SB 4'B 44:0.1S 4NW Cloudy 60.14i24'SE 40 0.0O!14;KJ on'o.oo SI-SB Rain Clear St. Paul Salt Lake San Francisco . Clear 4tl0.0O;12;NE iiCloudy 6B0.O4J2S itain 44IO.O0 4 SW Cloudy 460.50 4'3 Cloudy 4ito..1Kl 4S Clear Spokane Tasoma Tatoosh Island Walla Walla . . Washington . . . Winnipeg C4'O.00j ;W Pt. cloudy 2U0.OO bin Clear 22 ; 0 . 00124 tSB (Clear FORECASTS. Portland an vicinity Occasional rain ...hi. winR mnstw iioutherlv. Oregon and Washington occasional nun; wlnn miMtlv Routherlv. Idaho Unsettled: nrobably with rain or snow. WEATHER CONDITIONS. Tii, vnrtiivAdtflrn disturbance has moved to Saskatchewan, but conditions continue unsettled on the Paciflo Slope. High pres- ,nr nhtalm over the southern Rocky Moon tain and southern plains states and from the Mississippi Valley eastward. -Light pre. clpitatlon has occurred on the Pacific Slope, Rnlir Vlrr, Td-iho. Southwestern, Montana, mirtdla Atlantic states and St. Lawrence Valley. The weather la warmer m the Sac ramento Valley and from the Rocklea nearly n th a nnninrhiRn Mountains: it is cooler In Western Washington and the Atlantic states. Temperatures are above normal In nearly all sections west of the Mississippi Rivr mnA thv are AO desrreeji or more be low normal In New York, New England and the St, Lawrence Valley. The conditions are favorable for unsettled weather Wednesday, with occasional rain In BONOS CORPORATION A3VD MKJf ICIPAL. ROBERTSON & EWING S19. VaUtss Bias. . OREGON . $1,000,000 Oregon and Washington and eecaslonal rain or .snow in Idaho. THEODORB P. DRAKE. Acting District Forecaster. A Checking Account We are convinced that too many people try to get along without a checking account. Such an account pro tects your money, pro motes good business habits, gives you a firmer financial stand ing and credit and all the time your money is just as much at your service as if it svere in your pocket. SECURITY SAVINGS AND TRUST COMPANY Fifth and Morrison Sts. Capital and Surplus, $1,400,000 The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A. general banking business transacted. Interest paid on time deposits. Letters of Credit and Travelers' C necks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALFAS, Manager. J.C. WILSON &CO. bXUCJaa. BONUB. GRAIN AN1 CUIXOX MEMBERS NEW TOBX STOCK ESCHAItOS, CHICAGO BOAKO OF TRADS. NKW YORK COllOS EXCHAXUC TttK blOCa AN1 BOND LCtlANGK, EVAN FBA.NC15CO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120. A 4187. TRAVELERS' GUU1K. HAMBUREAMEHIIMI IscrtfestS&Co & vOvwrHOOShijsJ to tfwr jy oJ L30fii8l9 WORLD ff V TONS ATLANTIC SERVICE LONDON, PARIS, HAMBURG t sOrmf TValdersee. Jan. t9, 13 noon 1 SAi-retnrta f cb. a. I m. Kals. Anr. Vie Pen. 12, 11 A.M. Pros Grant Feb. 14, 18 noon Aineiika ..Fnb. IB, Li noon lad cabin only. Hamburg; elreou ... . ES XVI 1 LAKAn LAI,( Madeira. Gibraltar, Algiers. Naples, (ienoa, IS. S. Cincinnati. .Jan. 87, S P. M. . S. Hamburg-. . .Peb. 17. 8 P. M. 8. 8. Cloclnnatl.Marcb 6, S P. M. S. S. Hambnrr. .April 4, 12 boss tWUl not call at Madeira. IW111 not call at Algiers. Cruise Around the World Through the PANAMA CAXAL FBOH SAN PKANCISOO IKBBliAal fl. M15. y the 8. 8. CLKVULAJTrX 135 Days, $900 and op. Including ah or trly n4 neoiaai7 xpezus. 7la order to eoare en locatloB noma should bo booked stow. Inform ottoa HAMBURG-AMERICAN LINE ORTH LLOYI London Paris Bremen George Washington . . Jan. 31 tBremn Fob. 10 Prlns Prslerteh TVUhelm..Feb. 17 Kronprinzessin Cecllio. . . . .Peb. 21 t IBsrbarossa Feb. Zrt Kaiser Wllhelni II Mrh. 10 turelsenau Mob. 12 tBrexnen direct. fOno cabin (Il. Baltimore-Bremen direct. One cabin II); Wednesdays. Sailings on SATURDAY (or TUB MKDI 1 L1USAN KAN Benin Jan. St Prlnzess Irene Feb. 1 Throush rates from New York to South America via Europe. EsyPt India and the Far iast. Independent trlpa Aro and the World, S652.80. Flrst'Class throughout Two winter cruises to the WEST g INDIES & PANAMA CANAL f By B. S. GROSSER KTJRFUERST FEB. It. MAR. 18. Rate $1S op l te t Days Cruises lncludo all ports of In terest In the West Indies. Write for our new booklet "To the Canal and Caribbean." Travelers' Checks Good All Over the Werla. OELRICHB Jc CO., Genera! Art a. 5 Broadway, N. Y. ; Robert Ca pelle, O. A. P. C. 250 Powell St , near St. Francis Botel and Geary Et. San Francisco or Local Agent a STEAMSHIP Sails Direct for SAN FRANCISCO, LOS ANGELES AND SAN DLEGO Tomorrow 2:30 P. M. SAN FRANCISCO, PORTLAND & LOS ANGELES STEAMSHIP CO. (With Denver A Rlo Grande R. R. FRANK BOT.T.AM, Agent. VZ4 Third St. A. Mala "t. TO SAN FRANCISCO, LOS ANGELES AND BAN DLKGO S. S. ROANOKE , WEDNESDAY, JAN. 14. COOS BAY; AND ECRESA S. S. ALLIANCE ' MONDAY. JAN. 12, 6 P. M. NORTH PACIFIC STEAMSHIP CO. 1ZZ-A THIRD STREET Phones Main and A 1314. HONOLULU ATT-7'A V II -Write tor M 160 Powell su, San Franalsco, Cal, ij ye southern Pacific Co., 0 Ata t fl A O.-W. I N. Co.. Nor. Pa. B citie, r. it. a. a. r f A aurllr.eton Route, Mil. it au.se a, Puset Sona4 ff A K. K Groat Nortlisra fj VrV By. Co., DorMy 8. Bmltb, 3d ti Wash., Port. fj 'laad. OreaOTf $110, 1st class, round trip (5H days from Ban Francisco). The most attractive spot on entire world tour. Splendid steamers (10O0O ton dlepl.) of OCEANIC LINE sail to Hawaii, every 2 weeks. You can make this trip In 19 days from San Francisro, giv ing 5 days oa the Islands. Sydney, IS days from San Francisco. $300 round trip 1st class. S20O 2d close. Send for folder. Sydney Short Line, 673 Market St., Ssu Prnwcisco. COOS BAT LINE Steamship Breakwater o'clock every Tuesday evening. Freight re P. M. every Tuesday evening. Freight re ceived until 12 O'CLOCK. NOON) ON SAILING DAY. Passenger fare: First class, $10.00; second-class (men only). ST.0O, Including berth and meals. Ticket office at LOWER AINSWORTH DOCK. PORT LAND A COOS BAY STEAMSHIP LXNIS, L. H. KEATING. Agent. Phones: Main 3600: A 2332. LXrHKM sTCAJIKtM tOt staa Franclseo aad Loo Angeles H'lTHOCT CHANGS. S. S. BEAR Sails 4 P. M., Jan. IL B. S. KOSK CITY, Jan. i. THE SA IKAMIbCO ruafUXD 8. Sa CO. Ticket Office, Sd and nasals tess, wttk O-W. R. N. Cs. Phone Marshall CMS. A iUL NEW YORK -PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule lun American-Hawaiian S.S. Co. S10 Hallway Exchange Uldff. Portland, Or. Mala OTS. Aav22,