The west shore., October 01, 1875, Page 7, Image 7

THE WEST SHORE.
FINANCIAL AND COMMERCIAL.
tns month of September in nnancial circlet on
toe entire Facino Oosit has been a rery nnusual
one to many of iU features. The cloee of the har
vest and toe beginning of the export business for
the year always necessitates the use of a larger
amount of capital than ii actually required at any
other aeaaon of the vear. Jnt . thi. mrIki
wat beginning to aasusse large proportions, the
wu pruiigcea oy the lauare of the Bank of Cali
fornia came, shocking the commerce of the oonntry,
and, for the time being, paralysing nearly all ac
tivity in trade. Not being accustomed to such
events as are our brethren east of the Rocky moun
tain!, the people of the Pacific Coast were the more
easily alarmed, and every one who owned money
drew it out of the banks or gathered it up from
wherever it was invested as quickly as possible, so
that withia the space of a few days, from a state of
comparative ease, the money market was depressed
and became more than ordinarily stringent. AU
the banks ceased making loans and though these
in our city were still willing to accommodate their
regular customers who were compelled to ask aid,
their policy was to preserve their resources to the
utmost possible limits against any event that
might happen to callfor a heavy guard about
their financial standing. This policy has had the
eject to aid materially to reducing the funds avail
able in moving the surplus products of the country,
which are now ready for the market in large vol
ume. The scarcity of money to be had for the
purpose, however, combined with a downward
tendency of prices for some leading staples, has
greatly depressed transactions and rendered the
markets duU during a great portion of the mouth.
At this writing, however, there are manifest signs
of an improvement, and the ooming month, it is
expected, will witness the entire recovery of busi
ness from the apathy affecting it in the put four
weeks.
Our commercial relations with nnn v..
are so intimate that whatever affects her markets
or traae has its corresponding influence upon those
of Portland. HenM. with Ik. ntiAi....-j
, --.nijawuinuiuf.
Bon of business by the Baak of California upon a
lory muu oasis on tno 1st of October, or soon
after, together with the opening of the Bank of
Nevada, with a paid-up capital of five million
dollars, and the bank of Latent Freres, with a
large capital, in San Francisco, ought toon to give
business of all classes on the Coast renewed ac
tivity and life, and inspire the whole country with
quickened energy. With a full supply of available
capital, a restored confidence in the monetary con
dition of the country, and the profitable growth of
all our business interests, the commerce of our
Btate will take a new start, and form do insignifi
cant portion of the world's trade with the Paciflo
Coast.
During the past month merchant! here have
been actively engaged in preparation for the fall
trade, and the number of arrivals of cargoes of
merchandise of every wnoeivable character adapt
ed to the wants of the trade gives assurance that
so temporary financial flurry can shake their oonll
dence in a full average, if not more than usually
prosperous, season's business. Notwithstanding
the dullness, more noticable in monetary circles
than elsewhere, Portland has sent out about the
average amount of specie during the month under
review, and in no instance have her business men
failed to meet their liabilities promptly. Bills for
her importations made to supply the trade of Ore
gon and parts el Washington and Idaho Terri
tories, footing up mora thau ten millions of dol
lars per annum, have stood as well in the markets
as few losses have been suffered on them as on
those of any other business community In the
whole country. At present there is a marked im
provement to the trade of the city, and Interior
merchants, who have generally been as prompt as
could be expected In their remittances for prior
purchases, are in the market for fall and winter
stocks to encouraging numbers. The movement
ol imported goods to the interior has grown great
ly in volume during the latter half of September,
and everything betokens as large an amount of
transactions this fall as ever before. This will cer
tainly be so if fair prices can be realixed for the
domettio products of the oountry.
Sinoeour last review the movement of the sur
plus grain crop of the State has begun in good
earnest, and, though greatly retarded by causes
elsewhere alluded to, enough has transpired to in
dicate that, under greater encouragement to mar
ket it, the out-turn would soon assume a magni
tude not surpassed by any oountry of the same
population to the world. Since the 1st of Septem
ber the wheat shipments to Europe have been
only three cargoes complete ; but nine other ves
sels, all of large site, an on the berth, most of
them having their cargoes well on board or to sight,
and all will have quick dispatch. Besides, the
shipments to San Francisco of both wheat and
flour have been considerably above theaa of the
corresponding month last year, showing an aggre
gate since the present harvest year began of about
76,000 bushels wheat and 30,000 sacks lour to all
equivalent to 110,000 bushels wheat-wbleh, to
gether with the shipments to Europe and to British
Columbia, will bring the total exports of breed
stufli actually cleared up to 20,000 bushels wheat,
which may be considered a very good start under
the cireiimstaaoesj.
Since the harvest throughout the State has
losed, and the threshing In a great measure also
finished, Krae ol the best authorities have raited
their astimatee of the surplus breedstumi which
will be for export from 160,000 to 600,000 bushels
more than their former figures, and the amount to
ekjnt fires assurance that 6,000,000 bushels is not
bvUV mean an .Tnrhltiant satin.- - tk- V
able surplus of Oregon this year. This amount of
wheat, together with the other productt of the
State. Will do mnnh fawnwl nlAln k. 1
- r.,UB h, imupio ub
gwi nnanciai looting, and will ttimulate im
provements of variout kinds to an extent not
known before.
The Inauguration of the opposition between two
lines oi steamers on the route between San Fran-
CitOO and Pumt Rnnnil haB -l..-l k.
and (mights that a great deal of the travel from
Portland has gone to San Francisco via Tacoma
and Victoria. Tha mmL. It 1. t
this city to San Francisco hat made an important
ntuueuou in tnelr rates, and the distraction of pas
sengers to the Sound route wiu'nrobahlv cease in a
measure.
DotlLD HiciaiT, Kixfflmi Maclut. Portland.
n a. Cokbitt. 3112 Sacramento t, Ban Francisco.
CORBITT Jk aTsmTsv '
18 A 15 Front St., and 10 4 12, FlrstSt,, Portland, O.
WHOLESALE GROCERS,
Shipping and Commission Herohnnts.
TmiwirtMra n
TEA, TOBACCOS & LIQUORS.
RTHrtn n'
Wheat, Floor, Wool, and aU kinds of Ore-
Liberal Cash Advances on Consignments.
TTARDWARE, IRON, STEEL,
nuns, sruH.ES, RHUS,
OAK, ASK AND HICKORY PLANK
uinnaur a THOMPSON,
Cor. Front and Yamhill, Portland.
J. MoCnVAKEN CO.,
SHIPPING) St COMMISSION MERCHANTS,
SA M U uJ U U W D . n. .. .
I ..uiu. rnwobi ronuWO, Oregon.
ii-0 '2 B"S1Ii McMurray and W. K. Lewis
4 Uros.'Cruo floods; Oswego Klngaford Suirrfi;
uunnowi ill's Bpicos, Crenin Tartar ami Cryatal
IlnoOU; Gross 4 Co. s and Emery's Sons' Can
dles; Salem Lend Co. 's White Lead.
Also, for the following Flouring Mills: Mag.
nollu,Standurd, Lebanon, Auinsville 4 Mission.
, rain-cull mienuon pnia to shin's business
and purchasing Cargoes of Wheat and Flour.
Office of the Singer Manufacturing Company,
nT-T No. 103 Third Strwt, Portland, May Stt, 1815.
Mameol Company and Machine. 1"i'f!",'lil"c" I . Machines I, 1
,, f i73' sold 1KT4. lnorease or Decrease
H:wrr; p h m
Wilen.tBI.be " ZZZ. lis" WlIZ "
American B. U. . lVKS .3'JJS .. '
Florence .. """ tim 'a',?! .
Victor J'YVS . J'"" " n,48
:tn, i. e. Br.n..rfc.::::::::;:::::: a."" .
W. JACKSON ct CO.,
sm porters.
Wholesale and retail denlers In first quality
CROCKERY, GLASSWARE, FRENCH CHINA,
PLATED WARE,
BETH THOMAS' CLOCKS,
And a general aMortm.nt of
House Furnishing Goods.
at".
PAINTS, OILS. fcC., etc.,
No. Front Street, - Portland, Oregon.
JAWRB T.tmT inr a.
COMMISSION MERCHANTS,
T, Pint Stmt, PorUancL
BOLE AGENTS FOR GIANT POWDER,
Left 4 Perrln'i Wonmtenblre Sauce;
Agent for Dundee Groin Bag Manufacturer!,
And ElsVsHopa nt
GRAIN, WOOL and SALMON, and other OR-
T. A DAVIS CO.,
n Front Street, . Portland, Oregon,
IMPORT EES AND WnOLBUALUUI OF
DRUGS, PAINTS, OILS,
OLASS
AND
DRUGGI8Tff8UNDRIEB.
Bole Agents for the
AVERILL CHEMICAL PAINT.
J. KRAEMER CO.,
Importer! of
Boots 4 SIiocs,
4T Jf'KUNT STREET,
Portland, .... Oregon.
J. KRA1M1R. I. KAUFMAN. T. S. AKIN.
Wild Flowers of Mt. Hood.
A NEW PERFUME,
THE MOHT DELICATE AND LAHX1NO, FLA
vored with flowers from the
BASH OF MOUNT HOOD.
Rale, mniaiw ln.M..i. ....
em allien, ' ""
For sale cor. Front and Alder sta., Portland, bjr
the proprletois.
V. H. WOODARD A CO.
A. a omns. a. a. nnoune.
GIBBS HUGHES,
Attorneys and Counselor! at Law,
Corbet! BnUdlnc, Ol First nt., Portland, O.
Will praetlee ta alt reurts or leeord In the But. eoe
tr pertkolar attentloa to BlulneM lu lb. V. t. Uouru
eae. f. atsas.
WILLIAMS t MYERS,
Ami DUera la OroovrlM, Otcok ul
Nag, Cmtral Block, Front Mt., Portland, Ogn,
H1BBABD A. WBMT,
Manufacturer! mad WboloaaJa Dealer! In
Boots, Sloes &. Rubbers,
SI Front Street , bet. Pine and Ash,
Portland, Oregotn
ItZIMOVJLIj,
J. A. CHAPMAM,
PHYSICIAN, HAM I1F.MOVKI1 HIS OFFICE
to Houtliwest our. First and Morrison Bta.
Reslilenee, n. W. eor Front and Market.
WHALLET FECHHUlAfER,
Attomejn at Law,
Booms Noe. T and In Ollsan'. Bnlldlni, corner
First and Ash HUeets, PorUand.
"-yeo., run, nnd
N.V.'r'i? 8'"' P""". 0"KO ter Sn. FmneU, .4 Ce.
IKnnte,
Oregon Iron WorksAIbinn.
n a 1 on . ." ""UHWiunuB vury uoacripuou of
Portable, Stationary, High and Low Pressure Engines and
Hollers, Souse Castings,
Mn.ohln.ry for Crl.t Mill, .nd Saw Mill.. Orn.m.nt.1 p.noe Work, Iron and
D- v.i uoaviipnuni
THE BEPAIRINO OF MACHINERY AND BOILER, PROMPTLY ATTENDED TO.
RE8?.K!.rmE.n!,80!, nAND' ' l nn.ie.lled lor Variety and Qualllr.
STKAMiioATM? BOII.EB woBK. WEST MAnKET BATK8. Special attention liven to
fuusLANP, LOCK BOX .on. JOHN NATION, Superintendent.
nEIMEYER & UTTER,
ai r ii-st Street.
The only fashionable Merchant Tail
oring Establishment
IN PORTLAND.
A Full Line of Gentlemen's Furnishing
uwu. winuja uu UIU1U,
G. H. MEUSSDORFFER,
GHattGX.O
111 Front St., Portland, Oregon.
obt-new styles -a
Received by each Steamer.
HAGHENEY & STEMME.
Comer First and Taylor, Portland, Oregon,
DMlenaudJobban In allklada
FIRST CLASS GROCKttlES,
ProduM, Etc, Eto.
Full itook oouataotlr od hand.
Onmlii dallvered In any part of the city free
Call and examine our took.
Chas. Hirstcl & Co.,
ixpoB-naa A dbalibi or
BOOKS $ STATIONERY,
NOTIONS, TOYS, ETC., ETC.
Subscriptions received for all Eastern Publications
No. 77, Front St, Portland, Orefon.
7-BLAXK BOOKS-MADK TO ORDER,
J. A. STR0WBRIDGE,
IHPOBTBa iD DBALBR III
SI100 aUXntlliiss
141 Front St., Portland
"" 1. 1. aotinraui.
COHN & ROSENFELD,
Commission Merchants,
aire .saLaas la
Oregon and California Produce of all kinds,
Fieat It, b.1. Hoirkna and Yamhill, rertleod, 0f&
Osah paid for Butter, Emrs, Poultry and Hides.
G330 I BN 3D XC
"THE FOUWTAXW,
Aak nnd Tint Itreeta.
PETEB WII.HF.I.M, Proprietor.
ALL FWIKND8 INVITED TO CALL.
GEO. W. YOLLUM,
Book Binder, Paper Ruler
BLANK BOOK
Mannfaetorer,
NaS Washington Street,
Penlnnd, Ogm.
Blank Books made to
order, and ruled to anj
desired pattern.
Newspapers, Magaslaea,
Musle, Eto.,
Bound In any style with
lutlea ai Kltttrk,
AI fraatly radneed prleee
0
WHEELER &, WILSON
Improved Draw-Feed
Sewing Machine
FIB ST PBEMIUHI, 157 i,
Orogou Stato Fair;
Wasuingtou County Fair;
AND AT
ALL the Fairs in California,
LONDON, 1802r
PARIS, 18GT;
VIENNA, 1873.
E. W. IIARRAL,
Qonoral Agent,
20 Goary 8t., San Francisco,
AMD
95 Third Stroot, Portland.
I. SINSHEIMER,
aUaniiftooturar of
FINE FURNITURE.
ALL KINDS OF FINE WOBK, In hla Hoe,
done to order.
First Street, between Taylor and Salmon
Pacific Candy Manufactory
miv lAJwrtLliUNJiKY.
a. I. MILLER A CO., . Proprietors),
Ho. 45 Pint 81, bet, Pint, and dtk, Portlnuxl, Ojjn.
iVtiireri of AXRRICAK nd PHHKCH CAHDIRg.
rrUdM c Crmm ami rU-frr.lnnl UhoZ
VrOrnmmMtM Cathra fur Wr4.ll.ua, UUl.t BlwcLaIIv
tuunlrj ortlara prewpdy attanUail ST '''
OREGON BAKERY,
OPITZ 4 WlNTTEIt, Proprietors,
Pint UU, mit u Mr. of PIh, Porttaad,
Manufuturen of all klnda of
Crackers, Bread, Cakes,
AMD PASTBT.
PILOT, SHIP AND NAVY BREAD
Always sold below Ban Franolem prleee,
BUCHTEL & STOLTE,
Leading Pcckrrijki
OB" TXXIM aTATD,
Are now established at their
BEW 1KB ILEC18T B0Qfl3,
ON THE COtNIlt Of
Fir.t a:i Morrison hfa