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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 9, 1900)
THE MOVING OREeO&IAN, T COMMERCIAL AND Business yesterday was somewhat better than la usually noticeable on the Hist day of the week, and produce receipts were quite liberal. The high prices for potatoes liave started them to market In pretty liberal quantities, and un less the demand from northern points contin ues good the price may recede a. fraction, as San Francisco will only take care of -a limited amount. The poultry market was so well cleaned up last week that the outlook Is good for better prices this week. The egg- market Is steady at 20c. with receipts heavy. An occa sional sale Is made of a single case at 21c, but the market will mot stand this figure for any thing like round lots. Bank Clearing:. Exchanges. Balances. Portland . $469,018 $ 72.(22 Seattle - 3S4.0C6 103,110 Spokane 201.G5 32.084 Tacoma . .. IGT.GIZ 20.344 PORTLAND MARKETS. Grain, Flour, Etc The wheat market Is etlll searching for a lower level, and the May option In Chicago yesterday dropped to 67"c, thus breaking an other low-price record. In the Portland mar ket business is aiearly at a standstill. Tonnage .has been pretty "well provided for, and, as farm ers are holding pretty firm, there Is not much encouragement for them to take any more ships for Immediate loading. The fleet in port. Is receding fairly good dispatch, and "January shipments will be large. Quotations are nom inally unchanged, with a moderate demand for "Walla "Walla at 52c, and Cl-52c for Valley, with none CI the latter -offering. Biuestem Is quiet at 5304c Wheat Walla "Walla, 52c; Valley, 51 52c; biuestem, 5354c per bushel. riour Best grades, $2 653 per barrel; gra ham, ?2 SO; superfine, $2 15. Oats White, 3485c; gray, 33S4c; stained, 29-3Qc per bushel. Barley Feed, -?15S10; brewing. $18 IS 50 per ton. ilillsturfs Bran. ?17 per ton; middlings. ?22; shorts, $18; chop, $16. Hay Steady; timothy, $8 5011; clover, ?7 8, Oregon w lid hay, $67 per ton. Butter, Egrsrs, Poultry, Etc. Butter Fancy creamery. C050c; seconds, 42U, 45c; dairy. 303Tc; store, 22Mi27"4c per roll. Eggs Weak; 17&c lor Eastern, ate per dozen for Oregon. Poultry Chickens, mixed, ?2 503 50; hens. $44 50; springs, ?2 50 S 50; ducks, $5B; geese, $79 per dozen; turkejs, live, 1314c; dressed, 1517c per pound. Game Mallard ancks. $3; widgeon, ?1 50ff2; teal. $11 25 per dozen. Cheese Full ream, twins, 1213c; Young America, 14c per pound. Vegetables, Fruit, Etc. Vegetables Parsnips, $1; carrots, $1; turnips, COc; onions, $11 10 per cental; cabbage, lc per pound; potatoes, 56T5c per cental; sweet potatoes, 2Vic per pound. Fruit Lemons, ?33 50; oranges, ?2 753 per box for Jiavels, ?2 for seedlings; tangerines, 0c$l per box; pineapples, ft 506J per doz en; bananas, ?2 50 Z per bunch; Persian dates, 78c per pound; apples. $10150; pears, 75c?l 25 per box! grapes. Tokays, 75S5c; cranberries, ?B 507 per barrel for Ilwaco, $7 759 for Eastern. Dried fruit Apples, evaporated, 7 8c per pound; sun-dried, sacks or boxes, 45c; pears, sun and evaporated, 56c; plums, pitless, 48 G"4c; prunes, Italian, 3&5c; silver, extra choice, 5Cc; figs, Smyrna. 22t"c; California black, 5Gc; do white, 10c per pound. Groceries, Nuts, Etc Coffee Mocha, 25c; Java, fancy, 28. 29c; good, 2225c; Costa Rica, fancy, 15c; good, 15 17c; Salvador, fancy, 1618c; good, 1215c per pound. Boasted Columbia, ?11 75; Arbuckle'e, $12 25; Lion, $11 76 per case. Sugar Cube, $5 60; crushed, $5 GO; pow dered, $5 72&; dry granulated. $5 10: extra C i. 60; golden C $4 47 net; half barrels, 4c more than barrels; maple sugar, 1516c per pound. Salmon Columbia river, 1-pound tails, ?1 1 50; 2 -pound tails, $22 50; fancy, 1-pound fiats. ?1 651 75; -pound fancy flats, 8505c; Alaska. 1-pound tails, $1 201 30; 2-pound tails, $1 802 25. Grain bags Calcutta, $77 10 per 100. Beans Small white, 35fit; bayou, 4c; Lima, 6b per pound. Nuts Peanuts, C7c per pound for raw, 10a for roasted; cocoanuts, 80c per dozen; walnuts. 1213$ac per pound; pine nuts, 15c; hickory nuts, 7c; chestnuts, 15c; Brazil, lie; Alberts, 15c; fancy pecans, 1214c; almonds, 15 17c per pound. Coal oil Cases, 21c per gallon; barrels, 17J5c; tanks, lG"c Bice Island, Hic; Japan, 5e; New Orleans, &ifec; fancy head, $77 50 per sack. Meat and Provisions. Mutton Gross, best sheep, wethers and ewes, 8c; lambs, 3(34c; dressed mutton, 6"&7c; lambs, 7"c per pound. Hogs Gross, choice heavy. ?5; light, ft 50; Bresaed, 4"45"4c per pound. Beef Gross, top steers, $3 5&J?4; cows, ?3 S CO; .dressed beef, GV7'c per pound. Veal large, 6 T&c; small, S3S"c per pound. Provisions Portland pack (Shield brand): Hams, smoked, are quoted at 12c per pound: picnic hams, S&e per pound; breakfast bacon. 13"c; bacon, S&c; backs, S&c: dry salt sides, 75tc; dried beef. 20c; smoked sides, St&c per pound; lard. 5-pound palls, S&c; 10s. S&c; 50s, 73tc; tierces, 7c per pound. Eastern pack Hammond's)! Hams, large, 12c: medium, 12&C; small. 12?Jc; picnic hams, OJ4c; shoulders, 8c; breakfast bacon. J2c; dry salt sides, SSc; bacon sides, S0?ic; backs, 8"4c- butts, 8c; lard, pure leaf, .kettle rendered, Cs. flc; 10s. 9ta Hops, Wool, Hides, Etc. Hops Sllc; 3898 crop, 5c per pound. "Wool Valley. 1213c for coarse, 15l8c for best; Eastern Oregon, SQv14c; mohair, 2730c per pound. Sheepskins Shearlings, 15g20c; short-wool, 23 S5c; medium-wool, 3050c; long-wool, G0c$l each. Pelts Bear eklns, each, as to size. $515: cubs, each, $15; badger, each, 1040c; wild cat, 2540c; housecat, 5 10c; fox, common eras-. 4O60c. do red, ?1 251 75; do cross, $2 53 6; lynx, ?1502 50; mink. 30c?125; marten, dark Northern, fiS; do pale, pine. $1 253; muskrat. 812c: skunk, 2540c; otter (land), f 4 6; panther, with head and claws perfect, $1 3; raccoon, 2500c; wolf, mountain, with head perfect, $3 505; wolverine, ?2 505; beaver, per skin, large. $G7; do medium, per skin, ft 5; do small, per skin. $lg2; do kits, per skin. C0c$l. Tallow 55c; No. 2 and grease, 34c per pound. Hides Dry hides. No. 1. 16 pounds and up- rvi, aoauoKjc; ory Kip. no. 1, Z to 16 pounds, 16c per pound; dry calf. No. 1, under 3 pounds, 1516c; dry salted, one-third less than dry flint; salted hides, sound steers. 00 pounds and over. 88e; do 50 to 60 pounds. 88c; do under 50 pounds and cows. 76c; kip, 13 to 30 pounds, 7Sc; do -ical, 10 to 14 pounds. "7c; do calf, under 10 pounds. 7c; qreen (unsalted),' 1c per pound less; culls (bulls, stags, moth eaten, bady cut, scored hair slipped, weather beaten or grubby), one-third leas. XEW YORK STOCK MARKET. Volume of Trading on a Small Scale Owinjr to Apprehension. NEW YORK, Jan. 8 The volume of trading In stocks today was on a. .small scale, and a deposition wa. manifest In Wall street to await the development of events before taking on stocks. The sensitiveness of the market to the influence or foreign events was a leading motive. Notwithstanding the downward course of interest rates in London and on the Conti nent, It is clear that there is need of more money abroad. Foreign observers -of good au thority offer the suggestion that the present case of money abroad is due to artificial causes on go eminent Initiative. In England It is evident that the purpose of this ma neuver Is to prepare the money market for placing government loans at an advantageous rate In Germany, and designed to strengthen confidence and help out the vast Industrial en terprises which haie been undertaken there. In any event, the effect is to draw gold from Now York under pressure and to send Ameri can securities home to market. The foreign exchange houses assert that the present level of discount In London leaves no margin or profit on the epecial attraction of fered by the Bank of England on loans to be paid In gold. The arriving shipments of American gold are the cause of the current case In London discount. How long the ease would endure In face of a cessation of the ship ments Is doubtful. Meantime rates for money at Interior points in this country are rising sharply. andJt la a question -how Jong the-Now FINANCIAL NEWS York market could look to that source to re plenish a drain to the London market. In these circumstances there is little disposition in American flnndal circles to hold up prices of securities merely to afford a market for foreign liquidation. In today's market the opening prices were well down to or below the London parity, and so long as arbitrage selling was In evidence they were disposed to remain there, or nearly so. Early In the day there was a sharp recover- In prices when the pressure of London eelllng ceased. This really was partly due to London Itself, which bought back a few stocks sold earlier In the day on General "White's re port of a repulse of the Boers at Ladysmlth. "While there was no effort to bid up prices, there was good absorption at the recession, and very heavy blocks of prominent xallroada were taken on. New Jersey Central was bid up 34 points on the increase of the dividend rate without any sale. Sugar. Brooklyn Transit and some of the iron stocks recovered sharply from the arly weakness. The demand later In the day in the general list found such a light supply that prices har dened steadily to about Saturday's closing level. The net losses were reduced to fractions Where they were not entirely wiped out. Dealings In bonds were on a small scale, and the tone was heavy, wltn a few rallies, in sympathy with stocks. The total sales were $1,300,000. United States bonds were un changed in bid quotations. BONDS. U. S. 2s, reg lOS'Gen. Electric 5s....110 do 3s, reg 109(N. Y. Central Ista.lu&H do 3s. coupon.. ..llONorth. Paciflc lsts.110 do new 4s. reg,.134 do 3s C3?4 do new 4s, coup.l34V dv 4s 103V4 do old 4s, reg...ll4HiOregon Nav. lsts.,110 do old 4s, coup..ll4W do 4s 100$ uo us, reg .nattiuregon j,. i,. tjs....j3o do 5s. coupon. ...113V41 do con. 5s Ill DIst of Col. 3-C5S.118 Bio Gr. "West. lsts. 85 St. Paul consols. ..167 St. P. C. & P. lsts.H8JJ An. T 11C Atchison adj. 4s... 70V41 C & N. W. con. 7sl3 do S. F. deb. 53.116 D. & B. G. lsts... 10314 do 4s 87 I Union Paciflc 4s...l02t4 Wis. Central lets.. 80ii STOCKS. The total sales of stocks today were 457,100 shares. The closing quotations were: Atchison 18;Unlon Paciflc 46 oo prei ......... ouv Bait. & Ohio SOVii eo pref 73 TT a Yt n hi t Can. Pacific 80 do nref 2034 Can. Southern ... 4&Vil Ches. & Ohio 301 Wheeling & L. E.. 9Vi ao -M. pref 20i CM. Gr. Western. 12it"Wisconsln Central. 18 X'' "- - ixivgi-. U., t;. & St. Li.. 7SV.I CM., Ind. & L..,. IS I EXPRESS CO.'S. 0 Pre 47 jAdams 113 Chi. & East. 111... 81 (American 142 i-ncasp & a. W.. loi United States 45 Chi.. B, I. & P...100 Wells-Fargo 120 -., V.., KS. is au Li. 03: Colo.. Southern ... 5' do 1st pref 30 do 2d pref.. 14 Del. & Hudson... .113 MISCELLANEOUS Amer. Cotton OH.. 33 do pref 88 Amer. Malting .... 7 ao pref 28 Amer. Smelt. & R. 36 do pref 87i Amer. Spirits 2 do pref 17 DeL, Lack. & "W..175 Denver & Bio Gr. 17 uo prei 07 Erie 105J do 1st pref 32 Great North. pref.l6S Amer. Steel Hoop. 42 do pref si Amer. Steel & W.. 47 Hocking Coal 15 Bucking Valley .. 30: ao pref 00 xmnuiB central ...liia Iowa Central 1194 do pref 48 Amer. Tin. Plate... 31 do pref b0 Amer. Tobacco ....101 do pref 185 Kan. C, P, & Q.. 7 "ute .trie at iv... 23 do pref . 83 Lake Shore 187 Anaconda Mln. Co. 39 Brooklyn R. T 73, Colo. Fuel & Iron.. 41 Cont. Tobacco S3 Luals. & Nash.... 76 Manhattan El ... 01 u Met. St. By 174 do pref 85 Ftderal Steel 52 do pref 72 ji General Electric ..122 Glucose Sugar 49 -Tiexican central .. 10 Minn. S. St. Louis 58 do jjref 80 MlssDUri Paciflc .. 40 do pref 95 -jiuuiiu & unio.... 3U"i M.. K. & T 8 Int. Paper do pref La Clede Gas.... National Biscuit 23X 07 78 35 89 25 uu iJlKi. ......... OZ New Jersey Cent.,115 .New lork Cent...l35i do pref Norfolk & West... 23JNatlonal Lead do pref 67&I do pref 105 Northern Paciflc National Steel 41 do pref 72' do prei ....... N. Y. Air Brake North American uniano sc west... 21 .125 . 14 . 50 . 84 yj. n. ft 42 do pref 70 Pennejlvanla ....131 Paciflc Coast ... do 1st pref do 2d pref Beading 17 do 1st pref.'. 51 do 2d pref 20 63 Paciflc Mail 43T4 People's Gas .....103 Pressed Steel Car.. 57 xiio vir. western.. 37 do pref si St Louis & S. Fr. 9 do 1st pref...... 6S do 2d pref.. 32 St. Louis & S. "W.. 8 do pref 24 St. Paul ..117 do pref. 172 St. Paul & Omahall8 do nref : 87J Pullman Pal. Car.187 Stand. Bope & Tw. 9 Sugar ..., 131 do.pref lis Tenn. Coal & Iron. 84 U. S. Leather 10 do nref 74 PTJ. S. Bubber 42 Southern Paciflc .. 36J4 do pref 103U couuiern ity ..... u do pref 52Vi Texas & Paciflc... 14 Offered. Western Union ... 86 Republic Iron & S. 21 do pref ......... G3 Sloney, Exchange, Etc. SAN FBAXCISCO, Jan. 8. Sterling on Lon-don-60 days,-fi S3; do sight, $4 8, Mexican dollars 48ViBc Drafts Sight, 12c; do telegraphic, 15c 3CEW YOBK. Jan. S. Money On call: Steady at 5gJ per cent; last loans, 5 per cent. Prime mercantile paper 6 per cent. Sterling exchange Irregular, with actual business In bankers bills at ?4 S74 87 for demand and at $4 83 for 60 days; posted rates, $4 S44 84 and ?4 8S; commercial bills. $4 824 83. Silver certificates 5S('59c. Mexican dollars 17c. Bonds Government, eteady; state, steady; railroad, weak. London Stoclc Market. LONDON. Jan. 8. Canadian Paciflc, 92; Union Pacific preferred, 75; Northern Pacific preferred, 74; Atchison, 19. FOREIGN MONEY MARKETS. Rates Have Declined So Far That a Reaction Is Expected. NEW YOBK, Jan. 8. The London financial correspondent of the Times cables: A fortnight ago bankers nere buying bills from brokers at 6 per cent. Yesterday they could ret them for a little over 4 per cent. Yesterday morning sundry parcels were, sold by brokers to bankers at 4 per cent, but money was so abundant that loans for a week could be arranged at from 3 to 3 1-3 per cent, and dis count houses then preferred to carry paper they had taken and run the risk of the market themselves. So complete a change looks, and Is, unhealthy, but It Is easily accounted for. The government had to borrow dividend money from the Bank of England, and other moneys besides for war purposes. All this is new credit, and produces quite a different effect from the release of credit previously withdrawn from the market by the collection of taxer. Furthsr, the bank retained all Its Imported gold last week, eo that Its reserve was much strengthened. On the other hand, the high rates for money have checked the creation of new Instruments of credit and reduced the volume of speculation so that the requirements of the market were smaller. No wonder, then, that rates have tum bled down, or that they should look like going lower etlll. Had the government been able to wait .till yesterday or tomorrow before selling Its "ast creation of treasury bills, it would have saved a considerable percentage of the rate paid. Violent fluctuations of this kind are not the prelude to steady ease, and are sure to be fol lowed by another sharp reaction: but for all that they are the natural result of circum stances. The more the government borrows in the beginning of a war, the cheaper does credit tend to become on each -jccasion when large sums of borrowed money are disbursed. Prob ably discounts will remain easy all this month, in the nelghorhood of 4 per cent. Then foreign exchanges will once more move against us, and gold obtained by the forcing process will flow out again, sending the market up as fast as it fell. With all the ease of money, the stock mar kets remain draggy and uncomfortable. The fact is that, quite apart from the blighting" In fluences of war anxieties, speculation has been paralyzed by the losses of the last few months, and the public has neither the means nor the courage to begin again. This is proved by tlie fact that all the failures announced in connec tion with the end-of-the-jear settlement were those of brokers who execute orders for public men. They had to suspend because their clients could not longer find the money to meet their differences, and hundreds of Arms which have not failed stand to lose from the same cause. The stock markets will, therefore continue feverish and treacherous, however easy money may become. Sudden contrasts must be expected every where, and none could be more striking-' than to be afforded by the sale of the new local loans clock, announced for tender this week, when compared with the price the treasury had to give for their 3C0O raised on accommoda tion bills eold last Thursday. Probably the local loans stock will go a about 3 per cent. This stock issue Is a, proof of the straits to which many of our municipalities have been put by the rise In the price of loanable, capital. The government hao the power to act as an honest broker for these bodies, borrowing in lump to lend at retail, at a profit nominally but really at great risk of loss, more than 5,000,000 of old advances" having long1 ago been Written off as Irrecoverable. So. When bankers were calling in money or refusing to lend ex-f cept at D or 6 per cent, local governing bodlea went up to the treasury and said, "You must help us, or we must buret." Hence the 2,000, 000 of new stock to be issued this week. The condition of the Continental money mar kets Is decidedly calmer, and rates are coming down In France, and Germany, as well as here, although not eo far or fast. In Bussla alone there Is no easement, and for the good reason that the credit institutions of that empire are overcommltted through Its raw industrial enter prises. The government of Bussfa is anxious and would like to see a sort of credit industrial bank established to advance money to Iron works, oil works and machine shops, all now carried on by means of accommodation bills, continually renewed at 7 per cent and upward. Our market closed last night mote flat than was confessed, and the true discount rate for three months' remitted blllB at the finish was a bare 4 per cent, with money offered until tomorrow at 2 per cent. FOREIGN FINANCIAL NEWS. Flatness in Market Owing to Inter est in "War. JTeTrs. NEW YORK. Jan. 8. The Commercial Adver tiser's London financial cablegram says: The war news was predominant all day. Gen eral flatness marked the opening of business, caused by General "White's dispatch that he had been hard pressed. In the American de partment there was hesitation to begin business, operators dreading very low quotations. The first bids were at 1 to 1 below parity, but , Berlin sold even at that level, although not eo heavily as on Saturday. London sold 'on a small scale, and no one seemed to have courage to support the market. It remained flat until New York prices were received, when within a quarter of an hour the best prices of the ses sion were received. Then they sagged off until confirmation came of General "White's success ful repulse of the Boer attack dn Ladysmlth. This news caused such a commotion that busi ness was almost forgotten. In the street prices rallied to parity. African shares moved on similar lines, and other mar kets were more or less neglected, but they re covered, slightly at the close. Consols, which reached 98, rallied to 08 on the late war news and the extreme ease of money, calls being quoted at 2. The Bank of England bought 439,000 in gold eagles and 178,000 in German coin. A Continental demand for gold is developing at 77s 9d77u 9d. Good Paris advices say a large shipment of Busslan go'ld is coming to London this week. It is known that recent German arrivals' comprised Busslan gold, that .country, owing to poor crops, having bought considerable breadstuffs abroad. Parl3 cheque today was 25.23; Berlin cheque, 20.49. THE GRAIN MARKETS. Prices for Cereals in European and American Ports. SAN FRANCISCO, Jan. 8. Wheat and bar ley, weak; spot market, weak. Oats were rather dull at unchanged prices. Spot quotations: Wheat No. 1 shipping, 97c; choice, 9Sc; milling. 9Scg!?l 01. Barlej Feed, 6570c; brewing, S0S5c. Oats Gray, Oregon, $1 071 12; milling, $1 151 17; red. ?1 121 20. Call board sales: Wheat Weak; May, $1 03; caBh, 8Sc. Barley Weak; May, C9c. Corn Large yellow, $1 021 10. Chicago Grain, Produce, Etc. CHICAGO, Jan. 8. May wheat opened c over Saturday, at 6S)i68c. It speedily de veloped that there was little excuse for such a bold front to the market, for Liverpool was not overly steady, and the small world's shipments perhaps somewhat bullish at first glance con tained a potent bear factor In the Increase in Russian shipments, against a decrease from this country- Interest was divided between the pita and the hoard of trade annual election, with the latter the more magnetic. May sold oft early to CSc, where it steadied for a time on buying against "puts." The large receipts and the poor export demand, however, acted against this till even the poor support was practically withdrawn. Considerable long wheat was thrown on the market in the liquidation which reigned throughout the session. May slumped through ''puts" without effort and touched 67ic clos ing shortly afterward in a weak5 condition, a under Saturday, at 6768c. Corn was dull and easy, in sympathy with wheat. May closed a shade under Saturday, at 23323c. Oats were quiet and featureless, and, though the market showed some easiness, in sympathy with wheat, the close was steady, May being unchanged, at 23c., Provisions, In the face of large hog receipts, were firm. The market was not a large one. May pork closed 7Jc over Saturday, at $10 92; May lard, 5Q7"c up, and May ribs, 2050 Im provement. The leading futures ranged as follows: ' WHEAT. Opening. Highest. Lowest. January ?0 65 $0 65 $0 64 May 68 68 67 July 69 69'g 68 COBN. Close. ?0 64ti 68 6S-X 30 32 33& 22 23 January 30" 30 May 32 S3 July 33 33 OATS. 30 ."2 33'4 January . May 23?i MESS 23 POBK. 23 January May ..., 10 62 10 92 .10 82 10 95 LABD. 10 80 January May .... 5 82 6Q0 .5 05 6 00 5 92 SHOBT BIBS. May 572. 577 5 77 5 77 January 5 60 5 67 5 60 5 67 Cash quotations were as follows: Flour Steady. Wheat-No. 3 spring, 62JC3c; No. 2 red, 6667c. Corn No. 2, 30c. Oats No. 2, 2222ic: No. 2 white, 25 25SJc; No. 3 white, 2425c. Bye No. 2. 52g53c. Barley No. 2, 3S343c. x Flaxseed No. 1, $1 51. Timothy seed Prime, ?2 35. Mess pork ?9 4010 65 per bbl. Lard $5 655 85 per cwt. Short ribs Sides, loose, ?5 555 80. Shoulders Dry salted, boxed, $5 505 75. Short clear sides Boxed, ?5 755 85. Clover f 8. Butter Firm; creamery. 22S29c; dairy, 17Q 25c. Cheese Firm, 1212?ic. Eggs Firm, 20c. Becelpts. Shipments. Flour, barrels 29,000 32,000 Wheat, bushels 44,000 80,000 Corn, bushel3 336,000 138,000 Oats, bushels 184,000 176,000 Bye. bushels 9,000 10,000 Barley, bushels 61,000 25,000 New York Grain, Prodnce, Etc. NEW TOBK. Jan. 8. Flour Receipts, 24,984 barrels; exports, 30,009. Market weak and gen erally lower. Wheat Becelpts, 20,000 bushels; exports, 241,955. Spot, steady; No. 2 red, 75c f. o. b. afloat. Options opened steady on cables, but quickly yielded to active bear attacks, which, being supplemented by weaker cables, small clearances, liquidation and disappointing export talk, prompted a very weak market In the early afternoon, despite an entirely unexpected visible-supply decrease. After a slight rally, with corn, the market closed steady at ?ic net decline; March closed at 74c; May, 73c; July, 735ic. Wool Dull. Hops Steady. Visible Grain Supply. NEW YORK, Jan. 8. The statement of the visible supply of grain In store and afloat on Saturday, January 6, as "compiled by the New York Produce Exchange, is as follows: Bushels. Inc. Dec. Wheat 57,892,000 399,000 Corn ,,....12,613,000 1,015,000 Oats 5,521.000 33,000 Bye 1,331.000 18,000 Barley 2,210.000 246,000 Bnropean Grain Markets. LIVEBPOOL, Jan. 8. Wheat Spot, dull. Fu tures, easy; March, 5s lOd; May, 5s 9d. Corn Spot. American mixed, new, nominal; old, 3s 5Jid. Futures, quiet; February, 3e 5d; March, 3s 5d. EASTERN LIVESTOCK. CHICAGO. Jan. 8. Cattle Good to choice fat steers, steady to strong; inferior and com mon grades, 1520c lower; Tcxans generally 10c lower; butchers, stockers and canners, 10 2Cc lower. Poor to medium, $4 1C5; good to choice, $5 100 55; mixed stockers, 33 75; 1 CULLISON & CO. I e i Wheat f Stock Brokers j DIRECT WIRES TO " rr : : SECOND FLOOR 0 sAceiat8eteaeeeeaeeeooae9iet9ee9i CAPE NOME S. S. GEO. W. ELDER, S.' S. HUENEME, S. S. DESPATCH The above first-class steamers will sail every 10 days during the season for Cape Nome, York and .St Michael and Yukon river points. SI FOR RATES AND INFORMATION APP LY TO F. P. BAUMGARTNER, 253 WashFnoton St. GRAY 5fc MITCHELT,, General Agents, San Frnncisco. selected feeders, ?4 204 S3; good to choice cows, J$3 504 70; heifers, $3 404 25; canners, ?2Q2 80; bulls, $2 50i 70; calves, $47 35; fed Texas beeves, ?4-5 60. Hogs opened alow, closed strong; averages steady; top for heavy, ?4 55; good clearance. Mixed and butchers, $4 2&314 50; good to choice heavy, $4 404 55; rough heavy. $4 254 33 light, $4 204 45; bulk of sales, '?4 4034 45. Sheep and lambs Steaay, active for good to choice; others weak; native wethers, $4 355; lambs, ?4 404 05"; Western natives, $4 25; Western lambs, $4 406 25. Receipts Cattle, 20,000; hogs, 42,000; sheep, 25,000. " ' OMAHA. Jan. 8 Cattle Becelpts, 2800. Mar ket steady; native beef steers, $4 2C6; West ern steers, ?4g4 80; Texas steers, 3 75(4 40; cows and heifers, ?3 604 85; calves, $3 007; bdlls and stags, $2 754 25. " Hogs Receipts, 5S00. Market shade lower: heavy, fl 254 37; mixed, $4 304 35; light, $4 304 40; bulk of sales, ft 32g4 35. Sheep Becelpts, 3500. Market 1015c higher. Fair to choice Westerns, ?4 25g4 75; common and choice sheep, $3 804 40; lambs, ?4 30S 5 90. KANSAS CITY, Jan. S. Cattle Becelpts, 8000. Market steady; Texas steers, ?3 40 4 70; Texas cows, 2 253 CO; native steers, $45; native cows and heirera, $2 755; Block ers and feeders, $3 255 25; bulls, $3(g4 60. Hogs Becelpts, 7000. Market strong; bulk of sales, $4 324 40; heavy, $4 32g-4 45,' packers, ?4 3081 45; mixed, ?4 304 40; lights, ?4 104 40; Yorkers, $4 35i 40; pigs. $4 05 4 30. Sheep Becelpts, 2000. Market steady; lambs, $45 75; muttons, $34 BO. SAN FRANCISCO MARKETS. SAN FRANCISCO, Jan. 8. Wool Spring Nevada, 1215c per pound; Eastern Oregon, 12 16c; Oregon, valley, 2022c. Fall Northern mountain, 1012c; mountain, 810c; plains, 8 10c; Humboldt and Mendocino, 15016c. Hops 1800 crop. ll12c per pound- Mlllstuffs Middlings, ?1619; bran, $12 500 13 50 per ton. Hay Wheat. $6 509 50 per ton; wheat and oat, $6 509; barley, ?57; alfalfa. ?67 50; clover, f78 per ton; straw, 3045c per bale. Potatoes Early Rose, 85G0c; river Burbanks, 5085c; Salinas Burbanks, ?1125; Oregon Burbanks, 90c?l 30 per sack; sweets, $1 50 1 60 per cental. Onions Tellow, 75(gS3c per sack. Citrus fruit Mexican limes, $45; common California lemons, 75c?l 50; choice, $1 75a Tropical fruit Bananas ?1 50 2 50 per bunch-; pineapples, nominal. Apples ?11 25. Butter Fancy creamery,. 26c; do seconds, 2425c; fancy dairy, 2123c; do seconds, lS20c; pickled, 2224c; firkin, 2122c per pound. Cheese New. ll12c; Eastern, 1017c per pound; Young America, 1213c; Western, 131H per pound. Eggs Store, 2831c; Eastern, cold storage, 1620c; ranch, 39c per dozen. Becelpts Flour, quarter sacks, 7035; do Washington, 4702; barley, centals, 1530; oats, centals, 2020; beans, sacks, 900; corn, centals, 1800; potatoes, sacks, 7733; bran, sacks, 3130; middlings, sacks, 545; hay, tons, 489; hides, ISO. The Metal Mnrkctfl. NEW YORK, Jan. 8. The week opened with Indications favorable to Increased business and improvement In values In the metal market. Today several metals scored slight gains, on reappearance of buyers and encouraging advices from abroad. Offerings, nowever, were less urgent, and as a rule were at a higher leveh Plg-lron warranto, quiet; Lake copper, un changed, ?10 50; tin. steady, ?24 9523 50; spolter, steady, $4 50(34 60; lead, steady, ?4 70 4 75. The firm that fixes the selling price for miners and smelters quotes lead at $4 45 at the close. Bar slHer, 59c. SAN FRANCfsCO, Jan. 8. Bar silver, 50c. LONDON, Jan. 8. Bar silver, 27d. Coffee and Sugar. NEW TOBK, Jan. 8.-Coffee options closed steady at net advance of B to 10 points. Sales, 24,250 bags, including January, $6 306 40; February, ?0 40; March, ?0 45(56 55; spot Bio, firm; No. 7 invoice, 7c; No. 7 jobbing, 7c; mild, firm; Cordova, 812c. Sugar Baw, firmer; fair refining, 3c; cen trifugal. 90 test. 4 5-16C? refined, firmer and fairly active; granulated. $5 00; cut loaf, ?5 40. LONDON BRIDGES. An Estate "Which Was Created Cen tnrles Aero Maintains Them. London Telegraph. , The history of the Bridge House estates-dates back to the 12th century. As Is pointed out by Mr. J. E. Tuit, M. Inst. C B., in his work descriptive of the Tower bridge, contributions toward the cost jof London bridge were made about the year 1176 by the king and by gener ous citizens, and for Its maintenance lands were bequeathed, certain monks be ing 'charged with the services in the chap el, erected over the tenth pier, and the revenues applied to keeping the bridge in repair. "The money thus collected formed the nucleus of a fund that exists at the present day. The lands with which the bridge was endowed have become of greatly Increased value, and are now known as the Bridge House estates." To use the exact words employed in some of the old city documents the Bridge House estates consist of properties grant ed "by kings of England and charitable and well-disposed persona for the main tenance and support of London bridge," and some of the grants and conveyances held by the corporation which for hun- LfSHOQD RESTORED2?hu"2l": 010 vituiizer.inoprescripuonoiainmonBfcrononpDy8ioinn,7iii qnicsiy cure you 01 au nervous or diseases Of the generative organs, such as Lout Manliood, Inacmnio, JPnino la 111 Baclt, ficrnlnal Einlmlons, Ncrvonn JDebllity, Pimples Unfit nea to Hffnr r-r. KThnnttlm-ni-nln. TuHpoppIp and Contllnmlon. It utons al t lossei by day or nigh U Prevents quickness of discharge, which If not checked leads to Bperraatorrbcaa and all tho horrors of imnotency. CVPIOENE cleanses the liver, the kldnevsnnd the urinanrnrtrnns nt all ImDUrltles. CUPinEXK strenorthnn 5?j5Bb and restores smal 1 Tvealc organs. The reason sufferers are not cured by Doctors isbecauseDOpere'entare troubled with Prostatitis. OUPIDENE tho only known remrdy to cure without nn operation. 5000 testimonials. A- written gaaranteo given and mniu-y returned If 6 boxes dots not effect a permanent cure. 1.00a box,6 for 33.00, by mall. Send for yitEic circular and testimonials. Address DAVOi 31EIIJNK CO.. p. o. Box 2076,'San Francisco, Cal. - For sale by "Woodard, Clarke & Co., Portland, Or. 0 New York Stock Exchange Chicago Board of Trade o 9 o CHAMBERfOF COMMERCE cecetoo lay 15a 4f .1 VJj' a dreds of years havo administered . tlio es, tates In trust are dated .as tailback as 12S2'and 12SS. So successfully ftay these lands been developed ihafc """In jnbtlern times hey have enabledth corporation" to purchase Southwiirk.'; Tjrldgejatfter spending a large suixT3n rre,eInjritvroA the toll exacted bythfe "private company by which It was-'boHstructed, to ereet Blackfriars bridge;, and, finally, to build the Tower bridge at a cost of l,250,00fc' And all this hasbeen accomplished with out cost to the ratepayers. ""i b Persons whose occupation gives but lit tle exercise are victims of torpid liver and constipation. Carter's Little Liver -Pills will relieve you. IHE WEAR AMD TEAR E'S NERVES Besults in debility Exhaustion. Not only ex haustion of the body, but exhaustion of the mental faculties as well. The nerves have no Ufa tn tham , therefore all the organs of the body suffer from lack of nere control. HU D YAN corrects the evil. HUD YAN trro videa this vl t a 1 1 1 y of nerve -T force that iJw want ing. Do you suf f e r with head ache, pains along spine (figs. 1 and 2), pain In small of back (fig. 3), pains in shoulder (fig. 4), pains in knees (fig. 7) ? Have you hollow eyes, a pale, thin face, a poor appetite, tpr pld liver, a coated tongue? Aro (-you weak and nervous, or troubl e d with conati patlon? Ara you troubled with dizzy spells, pl-p-lessness, hor rid" dreams? Are you gloomy or melancholy T If so, HUD- YAN will cure you. HUDTAN will make you robust, will give you strength, will quiet your nerves. Go to your druggist at once and get HUDYAN no other remedy, HUDYAN'S effect is unlike that of any other remedy. HUDYAN Is thorough It cures these nervous conditions permanently. Get HtTDYAN from your druggist V)c a pack age, six packages for ?2.50. If your drt-Mist does not keep It, send direct to the HUDYAN BEMBDY CO., corner Stockton, Ellis and Mar ket streets, San Francisco, Cal. You May Consult the Hudynn Doc tors About Yonr Cns-e Free of Charge. "Write. Priceless Information in a sealed envelope. Marvelous treatment, remedies and ap pliance, furnished on trial and approval. If not a Grand Succom, return them at our expense and Pay Nothing:. Ye trust you. Vigor restored, losses checked. No C.O.D., nor other deception. ERIE MEDICAL CO., BUFFALO, N.Y. BIc 6 u a non-votionoei remedy for Gonorrhea, I Gleet.Sperraatorrhteft. 1 Whites, unnatural dis charges, or any Inflamma tion of mucous monr UHEEyaNSCheMIOALCg. brane. Non-aitringcnt. Sold by Druggists, or sent in Blain wrapper. Sa y 11.00. or 3 bottles. $2.75. - V4'U" BSlJb UU AVtAUQa. TRAVELERS' GUIDE. Pacific Coast Steamship Co. FOR ALASKA THE COMPANY'S elegant steamers Cottage City, City of Topeka and Al - Kl leave TACOMA A. M.. SEATTLE 0 A. M., Jan. 5. 10, 15. 20, 25. 30; "Feb. 4, 0, 14, 10, 24. Mar. 1, and every fifth day thereafter. For further Infor mation obtain company's folder. The company reserves the right to change, steamers, sailing- dates and hours of sailing without previous notice. AGENTS X. POSTON, 24B "Washington at.. Portland. Or.: F. W. CARLETON, N. P. R. R. dock, Tacoma: J. F. TROWBRIDGE, Puaet Eound Supt., Ocean dock. Seattle. GQqDALU PERKINS &. CO.. Gen. Asts.. S. F. WASHINGTON & ALASKA STEAMSHIP CO. Steamship 'CITX OF SEATTLE" will leave Seattle December 15, and eery 10 days there after, for Vancouver, Ketchikan, Juneau. Skag way, Skajrway, making- trip from Seattle to Skagway in 72 hours. For freight and passage Inquire of DODAVELL A CO.. LIMITED, AGENTS, 232 OnU Street. 4, I 4N I I k pi """""-rtf VS odi:eb I ta lu3 Uyi. tfSty f"omcrii;UTi.o.l I v D's,A y I TRAVELBRSr GUIDE. THE FASTEST AND MOST DIRECT lINE TO THE- ASTANDSOUTHEAST IS THE S airT-rnttXP' The Direct Line to Denver, Omaha. Kansas City and St. Louij, Only 3 Days to Chicago, Only 4 Days to New York and other Principal Eastern ciUes Tlirouurlx Pnllinnn Palace Sleeiiera Tourist Sleepers . Dining- Cars (mculs a. In, carte),, and Free Reclining: Chair Cars Operated Dally "on "Fast' 'Mall Trains Through tickets, baggage checks- and sleeping rarraccommodatlocs can be arranged at CITY TICKET OFFICE 1 33 Third Street Portland, Oregon "J. II. LOTHROP; Gen'l Agent. GEORGE LANG. City Pas. & Tkt. Agt. "fc THE DINING CAR ROUTE FROM PORTLAND TO THE EAST. THE .ONLY DIRECT LINE TO THE XELLO"W STONE PARK. leave Union Depot, Fllh anl I Sts Arrive No. 2. Fast mall for Taco ma. Seattle. Olyropln. Gray's Harbor an! South Bend points. Spokane, Roasland, B. C, Pullman. Moscow. Lewlston. Buffalo Hump mining country. Helena. Minneapolis. St. Paul, Omaha. Kan sas City, St. Louts. Chicago and all point east and southeast. Puget Sound Express for Tacoma and Seattle and Intermediate points No. 1. 11:15 A. M. No. 4. 11:30 P.M. :00 A. M. Pullman first-class and tourist sleepers to Min neapolis. St. Paul and Missouri river points with out change. Vestlbuled trains. Union depot connections Is all principal cities. Baggage checked to destination of tickets. For handsomely Illustrated descriptive matter, tickets, sleeplng-tar reservations, ec, call pn or write A. D. CHARLTON Asslntant General Patsengrer A cent. 253 Morrison St.. Cor. Third. Portland. Oreiron. "Whether you want to go East via. Dener, St. Paul or Billings, the Bur lington ticket ofllce Is the place to buy your ticket. The Burlington works with all rail roads running trains out of Portland and offers a greater variety of routes than any other line to the East. Easy to reach our ofllce "Street cars run right past the door." TIcUct Office, 100 Third St. A. C. SIIELDOA, Gen'l Agent. R. W. FOSTER. Ticket Agent. GEO. S. TAYLOR. City Tassenger Agent, 100 3d St., cor. Stark. Portland, Or. WHITE COLLAR LINE COLUMBIA RIVER Sz PUGET SOUND NAVJ. GATION CO. PORTLAND AND ASTORIA. BAILEY GATZCRT CAIder-streec docx) Leaves Portland daily every morning at 7 o'clock, except Sunday. Returning. leases As toria every night at 7 o'clock, except Sunday. Oregon phone Main 351. Columbia, phone 331. V. B. SCOTT. President. llgRATffORTHERN Ticket Office: 122 Third St. 'Phone CSO No. 4 apolls, Duluth, Chlcagi: 3. 3:45 I M. and all points Cast. 8:00 A. M. Through Palace and Tourist Sleepers, D'.nlnj and Bullet Smoking-Library Cars. JAPAN - AMERICAN LINE STEAMSHIP RIOJUN MARU For Japan. China and all Asiatic points -xrlll leave Seattle ABOUT JANUARY 20. Astoria & Columbia River Railroad Co. LEAVES UNION DEPOT. For Maygers, Rainier. Clatskanle. Westport. Clifton, ".storla. War- ARRIVES UNION DEPOT. renton. Flavel. Ham mond. Fort Stevens, Gearhart Park. Seaside. Astoria and Seashore Express, Dally. Astoria Express, Dally. 8:00 A. M. 11:15 A.M. 7:00 P. M. 0:-l0 P. M. Ticket office. 255 Morrison st. and Union depot. J. C. MAYO. Gen. Pass. Agt.. Astoria. Or. VANCOUVER TRANSPORTATION CO. Steamer Undine. Captain Charles T. Katnm. leaes Vancouver at 8:30 A. M. and 1 P. M. Leaves Portland at 10:30 A. M. and 4:30 P. M. Sundays excepted. For freight or passage ap ply on board, foot of Taylor street. Round trip, 30c r; - R 1 JT'in 1 1 1 T7i . m, nmrn.n r ?i, TRAVELERS' GlIDE. JafLJoJJlaJw iLiYJLo Union Depot, Sixth and J Streets. TWO TRAINS DAILY FOR ALL POINTS EAST "FAST 3IAIL AMJ PORTLAND - CHI CAGO SPECIAL ROUTE." Leaves for the East via Spokane dally at 3 43 P. M. Armes at 3 A. M. Lea-ves for the Est. via Pendleton and Hunt ington, daily at S P. M. Arrives, via Hunting ton and Pendleton, at 6:45 P. M. TliROUGH rUI.f.MAN AND TOURIST SLEEPERS. Water lines schedule. uujst to chang with out notice: OCEAN' AND RIVER SCHEDULE. OCEAN DIVISION Steamships salt from Ains worth dock atsrr; JL L?nYe .rotund Colum bia. aaiL Tues., Jan. 2, irl.. Jan. 12. Mon., Jan. li; Tnurs., Feb. I. btuta of California Balis bun. Jan. '1; Wed.. Jon. IT, aat., Jun Ji, lues., Feb. . .brum son Francisco State of California saib "Wed., Jan. 3: Sat., Jan. 13, Tuea.. Jun. 23, tri.. Feb. 2. Columbia sails, iiou.. Jan. , Tuuxs.. Jan. IS; bun., Jan. 23. COLUMBIA RIVER DIVISION. PORTLAND AND ASTORIA. Steamer Hasdalo leaves Portland dally, except Sunday, at S P. M.; on Saturday at 10 P. M. Returning, leaves Astoria, daily, except Sunday at T A. M. WILLAMETTE RIVER DIVISION. PORTLAND AND CGXVALUS. OR. Steamer Ruth. or Salem, Albany, Corvall! and way points, leaes Portland Tuesdays, Thursdays and Saturdays at tt A. M. Returning. Ieaes lorvailis Mondays, Wednesday and; Fri days at B A. M. hteamer Modoc, for Salem and way points, leaves Portland Mondays, Wtanesaaya and Fri days at tl A. M. Returning, leaves Salem Tua aays. Thursdays and Saturdays aUA.iL YAMHILL RIVER ROUTE. PORTLAND AND DAYTON. OK. Steamer Elmore, fcr Dayton, and way points, leaves Portland Tuesdays, Thursday ana Sat urdays at 7 A. iL P.eturnlng, leaves Dayton for Portland, and way points Mondays, "Wednesday and jjTidaya at (J A. M. SNAKE RIVER ROUTE. RIPARIA. WASH.. AND LEWISTON. IDAHO. Steamer Spokane or steamer Lewlaton leavoi Rlpana dally at 1:20 A. M.. arriving at Lewlaton at 12 o'clock noon. Returning, tha Spokane- at Lewlston leaves Lewlatoa dally at 8:J0 A. M., arriving at Rlparla some evening. W. H. HURLBURT. General Passenger Agent. V. A. SCHILLING. City Ticket Agent. Telephone Mala 713. NewSteamsMpLinetotbeOrient CHINA AND JAPAN. FROM PORTLAND. In connection with THE OREQON RAILROAD & NAVIGATION CO. Schedule., 1S00 (subject to change; Steamer Leave Portland. QUEEN ADELAIDE ... Oct. MONMOUTHSHIRE Nov. 11 ABERGELDIE Dec 11 For rates, accommodations, etc., apply to DODWELL & COMPANY. Limited, General Agents. Portland. Or. To principal points in Japan and China. EAST m SOUTH Leave Drpot Fifth ant I Stre:t Arrlve OVERLAND EX PRESS TRAINS, for Salem. Rosc burg. Ashland. Sac ramento, Ogden. San Francisco. Mo Jave. Los Angeles. El Paso. New Or leans and the East. At "Woodburn (dally except Sun day), morning- train connects with train for Mt. Angel. Sll v e r t on. Brow na vllle. Sprlngfl e 1 d and Natron, and evening train for Mt. Angel and 311 verton. Corvaltls passenger. Independence pas'gr 7:00 P. M. 9:15 A. M. 8:30 A. M. 7:00 p. yu J7:30 A. M II4:50 P. M. H5:B0 P- if. 118:23 A. M Dally. UDatly except Sunday. Rebate tickets on sale between Portland, Sac ramento and San Francisco. Net rates 17 first class and $11 second class, including sleeper. Rates and tickets to Eastern points and Eu rope. Also JAPAN. CHINA. HONOLULU and AUSTRALIA. Can be obtained from J. li. KIRKLAND. Ticket Agent. 134 Third at. YAMHILL DIVISION. Passenger Depot, foot of Jefferson Street. Leave for Oswego dally at 7:20. 0:40 A. M.t 12:30. 1.55. 3-25. u:15t G.25. 8:06. 11:30 P. M.; and D.OO A. M- on Sundays only. Arrive a; Portland daily at 6:33. 8:30. '10:50 A. M ; 1:35. 3:15. 4:J0. 6:20. 7:40. 10:00 P. M.; 12 40 A. M. da-ly. except Monday; 8:30 and 10. C5 A. M. on Sundas only. Leave fur Sheridan dally, except Sunday, at 4:30 P. M. Arrive at Portland at 0.30 A. M. Leave for Alrlle Mondays- Wednesdays and Fridays, "t 8:35 A. M. Arrive at Portland Tuesdays, Thursdays and Saturdays at 3.dJ P. M. Except Sunday. R. KOEHLER. Manager. a Gen. H. MARKHAM. Frt. & Pass. Agt. GO EAST VIA THROUGH SALT LAKE CITY. DENVER OMAHA. OR KANSAS CITY, WITH CHOICE OF TWO ROUTES. Via the fast mall line or the scenic line through Colorado. NO CHANGE OF CARS TO DENVER, OMAHA, KANSAS CITY, ST. LOUIS, CHICAGO and theh ATLANTIC SEABOARD. IEAYINQ PORTLMD UNION DEPOT, DAILY, XI 8:03 P. H. For railroad and sleeping-car tickets and all other Information apply to CITY TICKET OFFICE 124 Third Street, Portland, Oregon w. E. COMAN, Genera! Agent. J. R. NAGEL. City Ticket Agt. vHPftrag SOO PACIFIC LINE Offers the LOWEST RATES and BEST SERV. ice to and from all Eastern points and Europe. Through tour.st cars from coast- to St. Paul. Toronto, Montreal and Boston WITHOUT CHANGE. Dlr,cct Route to Kootenay Mining District British Columbia Canadian Pacific Ttlil tniU iteanAilp lines U Tapar wl Aaitralla. Ttr ratea and Information, apply te H. H. ABBOTT. Agent. E. J. COYLE. 146 Third street, city. A. G. P. A.. Vancouver. B. C (f SUNSET l JO OCCEN SHASTA) " to). - :: Kill ..'..rw-'-r-