tfHE MORNING OEfiGtXNIAK, FRIDAY. JANUARY 4, 1001. H GOMMERGIAL' AND The trade situation yesterday was de void of special features, aside from a flattening out In the -wheat market, which cannot stand more than two days of Troa- perity at a time. Produce receipts were not very heavy yesterday, and prices are firm in most lines. Eggs are moving- bet ter, and some dealers are endeavoring to put the price back to 30 cents. The East, era stock Is practically out of the way, and this Is Improving the situation for Oregon eggs. Poultry continues to sell at good price An arrival, and the mar ket Is in -good) shape for the end of the week. Good Oregon apples are becoming scarcer, and for choice stock prices are a shade higher. Potatoes are not coming In very plentifully, but the movement Is still sufficiently free to prevent anr ad vance in prices! .Bnnlg CJcn.rInir. Exchanges. Balances. YortlMlA.. .. $185,231 7S.613 Taooma ., , 291.070' 3C.300 Seattle .... 422.370 111,262 PdltTLAXD MARKETS. - Grain, Flour, Etc. The strength faded out of the Eastern wheat market yesterday, but the foreign markets were sufficiently strong to pre vent much weakness locally. Some of the exporters were Inclined to shorten their limits, b'jt it was still possible to get quo. tatione of & cents, and een K cents, but others nere holding oft waiting for matters to settle again. Offerings were more liberal yesterday, but most of the holders were demanding prices which were obtainable the day before, but were not obtainable yesterday. Freights are firm, with some business doing in March April ships. Wheat Walla Walla. K65c; Valley, nominal; blucetcm, S&ecSMtc Per bushel. ' FlourBest gradcs $2 9033 40 per oar-j-Ci, graham. J2 W Oats White, 4242&c per bushel; gray. 40T41C Barley Feed. J1515 SO: brewing, S16 30 per ton. Millstuffs Bran, $15 50 per ton; J1CQ mld- Clings. $n, snorts. $17; chop. $16. Hay Timothy. $1212 B0: clover. O 50 Oregon wild hay. $67 per ton. $7 Batter. Eee, Poultry, Etc. Butter Fancy creamery, 5065c; store, 23&32ic per roll. - Eggs Eastern, 22HS25C; Oregon ranch. SHrc Der dozei . Poultry Chickons, mixed, $2 503 50; hen". $44 50, ducks, $4(ff; geese, $69 par dozen.; turkeys, live. 1012c; dressed. 13 J5c per pound. C jeeae Full cream, twins, 1313oj Toung America. 13&14c per pound. Vecetnbles, Fruits, Etc. Vegetables Parsnips. S5c: turnips, 75e; carrots, 75c sack; onions, $i 501 75; cab bage. $1 261 50 per cental- potatoes. 50 60c per sack; sweet potatoes, lo per pound; celery, 00f5c per dozen; Califor nia tomatoes. $1 26 per box. Fruit Lemons $2 503; oranges, $2 50 8 for navel; $2 002 50 for seedlings, per box; plneapplod. $4 50g6 per dozen; ba nanas, $2 50S per bunch: Persian dates, 7c pr pound; pears, 75c Jl Der box; ap ples, 60c$l 25 per box. Dried fruit App'es. nvaporated, 506c per pound, sun-dried, sacks or boxes, 34c; pears, $9c: prunes. Italian. 57c; silver, extra choice, 57c; flgs. Califor nia black, 5c: flgs. California white. 5 7c; plums, pltless. white, 708c per pound. Meat and Provisions. Mutton Gross, best sheep, wethers and ewes, sheared, $3 60, dressed. 6a7c per pound; spring lambs, 3&c per pound gross, dressed. fQtf&c. Hogs Gross, choice heavy, $5 605 75; light. $5; dressed. 564a per pound. Veol Large, 647c per pound; small. ESV&c per pound. Beef Gross, top steers,. $3-504; cowf 33tf?S SO; dressed beef, 67c per pound. ProUsIons Portland pack (Shield brand)- Hams, smoked, are quoted at 12c pef poqnd; picnic hams. 9c per pound: breakfast bacon, 1315c: bacon, 10 lUsc, backs, 10c; dry-salted sides, SUS 10c. dried beef. 15c: lard, five-pound palls, lOHc; 10-pound palh, 10&c; 50s. 10&c; tierces, 10c per pound. Eastern pack (Hammond's): Hams, large. 12c: me dium 12c, tfmall, 12c: Dlcnlc hams. 3c; shoulders. 3ic: breakfast bacon. 13?; 154c dry-salted sides, 310yc; bacon, sides. 10llc; backs, lie; butts, lOVic. lard, pue leaf, kettle-rendered. 5s, 10c; 10?, 10?ic: dry-calt. bellies. lOUSUc. bacon bellies. HH'12c. dried beef. 15c Hops, Wool. Hide, Etc Hops New crop, 12&I4C per pound; 1S99 crop, 67c. Wool Valley, lS14c; Eastern Oregon. 10QJ2c. mohair. 25c per pound. Sheepskins Shearlings. 1520c; short wool, 2S35c. medium-wool, 3050c; long wool, 60c$l eaoh. Tallow 4c; No. 2 and grease. 233c per pound. Hides Dry hides. No. 1, 1C pounda and upward. 1415c; dry kip. No. 1. 5 to 16 pounds. 15c per pound; dry calf. No. l, under 5 pounds. l&f?16c: dry-salted, one third less than dry flint; salted hides, sound steers, CO pounds and over. 78c: do. 50 to 60 pounds. 7$c: do. under 50 pounds and cows. 7c; kip. 13 to 30 pounds, 74iSc, do. veal, 10 to 14 pounds. 7c: do calf under W pounds. 7c: green (un salted). lc pr pound less, culls (bulls, stags, moth-eaten, badly cut. scored, halr s.'ppcd. weather-beaten or grubby), one thlrd less. Pelts Bearekini each, as to size. $5 $15; tubs, each. $16: badger, each, 50c; wildcat. 25675c. housecat. 54J25c: fox. common gray. 40c$l: do. red. $1 753 50; do. cross. $2 506: lynx. $24 50; mink. 40c 1 75, marten dark Northern. $510: do. pale pine, $2C4; muskrat. SWc: skunk. 60S0c; otfr (land). $4g'S; panther, with head and claws perfect, $13. raccoon. 25 80e. wolf, mountain, with head perfect. $S 505, wolverine, $2 50fj- beaver, per akin, large. $6C7. do. medium, per skin. $4(ga; do smalL per skin. $12; do. kits, per skin. $193. Groceries, Nuts, Etc. Coffee Mocha, 2St28c. Java, fancy, S6Q 22c, Java. good. 20g54c; Java, ordinary, lEffaOc, Costa Rica, fancy. lS20c; Costa Rica, good, leeiSc. Costa Rica, ordinary. 1012c per pound. Columbia roast. $12 13; Arbuckle's, $13 26r Lion, $13 63 per case. Sugar Cube. $C 35; criiBhea. 60; pow dered. $5 S5. drj granulair.T. $5 75. extra 7, $5 25. golden C. $5 15 net; half barrels. 4c more than barrels; maple. 15TCc per pound. Salmon Columbia River, one-pound tails. $1 5fl2, two-pound tails. $2 25-2 50. fancy one-pound flats. $22 25; impound fancy flats $1 1001 3d Alanka. ono-pound tails. $1 401 tO; two-pound tails. $1 90 $8 3. Nuts Peanuts. 6Ug7c per pound for rnw. 9c for roasted; cocoanuts. 90c per dozen, walnuts, 10llc per pound: pine nuts. 15c; hickory nuts, 7c: chestnuts. 15c: Brazil, lie- Alberts. 15c; fancy pecan. 1J u:c, almonds iefl7u.c per pound. Beans Smrfi Thte. 4c: large white CVgc: bayou, 3c: Lima. c per pound Grain bags Calcutta. $66 12t$ per 10t for spc-t. Coal oil Casea, isc per gallon; bar rels, 14Hc; tanks. 13c Rice Island. 6c; Japan. 5Hc: New Or leans, 4fcgHc: fancy head, $77 50.per sack. KEW YORK STOCK MARKET. Storm of Liquidation Broke and Svrept Price DovrnTvnrd. NEW YORK. Jan. 3, The long expected storm of liquidation broke over the stock jnarket today and swept prices In a tor rent of selling on a downward course. It was not effectually checked, even at the c'oso of the market. There were wide breaches by this time, and the precipi tate character of the selling gave the market the, apnearap.ee of a seml-demoral-Jratlon. The speculators who were long ct stocks showed many of the symptoms of panic In their scramble to save the liajposlng profits which the prolonged rise FINANCIAL VN1W8 had Indicated for them on paper. The market was so top Heavy by 'reason of the vast number of accounts pn narro'.v margins "which infested It that the fall In prices gained momentum as it progressed. The money market maintained a calm surface all day, thft call loan rate ruling 5 per cent or below that. There was a continued shifting of loans, however, in cident to the enormous financial trans actions involved in the yearly settlement, and the disturbance of loans thus caused added to the unsettled feeling In the stock market. The clearings today were $380,132,003, which, with the single excep tion of yesterday, is the largest total on record. Many causes are assigned to account for the violent break, but the real root of the trouble was that faith In the level of prices began to be Im paired, and a conviction was borne In upon speculators that the large demand for stocks which they have expected to continue during January has been pretty largely discounted. Of the causes contributory to the slump, most Importance must be attached to the advance In the Bank of England's dis count rate, which rose from 4 to 5 per cent Cabled reports from London de scribed gloomy forebodings over the fu ture, ahd the result was a sharp jump- In sterling exchange rates In .New Torfc and growth of a bollef that the New York money market will be called upon for gold to relieve the strained situation In the foreign money markets. The heavy liqui dation in Sugar had a. very unsettling cr fect upon sentiment, as It was commonly attributed to a well-known steel mag nate, who has made his mark heretofore the bear side of the stock- market. The violent slump In the Rubber stocks on the reduction In the preferred dividend was an additional disturbing Innuencc. The extreme decline In Rubber was 7M; Rubber preferred, 9V4: Sugar, 6; Metro politan, 614; Federal Steel, 5, and In most of the leading Industrial stocks between 2 and 5 points. In the railroad list, Erie first preferred declined 44; Delaware & Hudson, 4; Northern Pacific, 3: B. & O., and Lack awanna, each 3; Iowa Central preferred, o; Pennsylvania, Reading second pre ferred. D. &. R. G. preferred, and Chi cago Great Western preferred. "B," i; Kansas & Texas preferred, 3; Union Pacific, 3, and throughout the railroad list from 1 to 3 -points. The -dosing was in many cases near the lowest. The bond market was very active, and liquidation was in force there as well as in stocks, but the declines in prices were by no means aa marked. Total sales, par value, $3,955,000; United States refunding 2a declined , and new 4s registered on the last call. BONDS. U. S. 2. ref. reg,105V4IN. T. Cent lata... 100 UO coupon 103'? Northern Fac 3s.. 714. do 3s. reg 109y do 4s 104 do coupon . Uflb do new 4s, res.. 1.17 do coupon 13S do old 4a, reg...H4 do coupon 114 do 5a. regr.......ll2U uregun nav. isis..uuy do 4s ioayt Oregon S. L. Gs...l29 do con. 5s, U 5 VI Rio Gr West, lsts 08 St. Paul consols. .163 do coupon 112 St. P. C. & P. Istsll7 JJI5U VA)l. .l-003...1iO Atchison adj. 4s.. 87 C & N.W. con. 7sl39 do S. F. deb. 5$. 125 D. & R. O. 4 100 Gen. Electric Gs...lC0 do 5s 113V$ Union Paclflc 4s..,10S Wis Cent iats....r.S5i& Southern Pac 4s.. S3 West Shore 4s 113 STOCKS. The total sales of stocks today were 1,563,(500 shares. The closing, quotations ware: Atchison Bait. &-Ohlo. do pref .... San. Paclflc . an. Southern 45U Wabash do pref :::::S8 E.... 1114 .. 85 .. 91 Wheel & L. ao 2a prei..,.,.. 2J Wis Central 15 p. a. a & st. l. r8 Third Avenue ....117 National Tube, ..,,66 do pref 145 EXPRESS GO'S. 50 Ches. & Ohio 40 Chi. Gr. Western. 16 C B. & Q 138 Chi.. Ind. AT. "iJ! r.c pref bl Chi & East. III.. DO Chicago & N. W..lC9Uj C, R. L & Pac. .117 C , C., C. & St. L. 744 Adams 143 American ........175 united states 57W Wells-Farfeo 133 MISCEtLANEOtJSr Amer. Cotton Oil.. 3034 do pref go Amer. Maionff ... do pref , 26 Amer. Smelt & B 54V4 Jo pref .'.,. 95 Amer. Spirlta VA da pref .. 17 Apaer. Steel Hoop. 31 vio. southern .. 7 uo xsc prex. -4A to 2d pref 16 "Jel. & Hudson... .126V Dpi . Lack. & W..180H Denver & Rio Gr, 31 t3 pri 8154 am ............. zz' qo -1st pref. .....62 Gr North. pref,..lSSti nocKipc wosj M ip Hocklns Valley .. 41 Illinois Central ,,;2S Ion a Central .... 25 Amer. Steelit"V 43? do pref ., 87Ji Amr. Tin Plate.. 55A do pref 90J4 Amer. Tobacpo ...112 do rref isn do pref 5Q14 LAke Erie & w... 4B do pref '..112 lAlce Shore 235 Anaconda M. Co... 47 Brooklyn R. T.. 82 Colo. Puel & Iron. 52 Cont. Tobacco .... 3Si Louis. &. Nash.... S5tf Mannattan Kl ...112S Slet. St. Ry 10C14 Mex. Central ..... 14 v4 ao nrer ... nrstt iiinn. & 131. xouis cuvi Federal Steel 53 ao prer ........ius Missouri Paclflc 70 Mobile & Ohio.... 45' M. K. & T 15' ao rrer rnsi Gen. Electric 186 Glucose Sugar .... 50 So pref .'.03 Int. Paper 24 do pref 43 rew jersey cent.145 New York Cent..,.141T4 00 prex 73 La Oedt-Gaa...... 70 National Biscuit .. 41 Norfolk & Wt.. 43' ao pret ai Northern Pacific. 81 ao Dref n.iu National Xead ao prei S5 do pref .. f)2 Ontario &. West.. 2i National Steel 41U U. li. &. N 42 do pref 70 do pref ..... 02V4 N T. Air Brake. ?155 North American .. 19 Paclflc Coas.t 58 Pennsylvania ....14834 Reading 25U do 1st pref...... 60 ao isx prei...... su do 2d pref 03 da za prei 3S Rio Gr. Western. C5 do pref 90 St. Louis & S. F.. 225 dp W pref...... 79 do 2d pref 53 St. Louis S. W... 17 Paclflc Mall 4U4 People's Gas ......101 Prossdd Steel Car. 50 do pref 82W Pullman Pal. Cnr.ins Susar 130 do pref 431 do pref lis Tenn Coal & Iron. 62 do pref 1S7 St. Paul & 0 127 Southern .Paclnc. 41 Southern Ry 20 do pret 70Vi Texas & Paclflc... 23 Union Pacific .... 70 I do pref 82 U. S. Leather 134. do pref .. 7G U. S. Rubber 2M4 do pref 74 Western Union . . 82A Republic Iron & S. 16U do pret 03 Amal. Copper .... 91 For continuous quotatiqns on stocks, bonds. Chlcdgo grain and provision!, call on R. W. McKlnnon & Co.. S and 9 Cham ber of Commerce, who are members of the Chicago Board of Trade. Telephones. Oregon. Main 313; Columbia, 725. Stocks In London. LONDON,- Jan. 3. Atchison, 46; Cana dian Paclflc, 93&; Union Paclflc preferred, i&Vti Northern Paclflc preferred, SO; Grand Trunk, 7: Anaconda, 9. Foreign Financial Xevrs. XBW YORK, Jan. 3. The Commercial Advertisers' London financial cablegram today says: There was universal heaviness In the markots here today on the action of the Bank of England In advancing lts mini mum discount rate from 4 to 6 per cent. Tho returns showed that the ratio of re serve to liabilities was only 294 per cent, while 33 per cent Is regarded as the" safe minimum. The South African news also was discouraging, and there were three more exchange failures, making 36 failures of members at Ihis settlement. Consols fell and all the markets followed suit. Americans were heavily sold, and the closing was depressed, although New York absorbed "stock roost liberally, and. me continent bought at the reduction. Sil ver was weaker on dearer money. Money, Exchnnge, Etc. SAN FRANCISCO, Jan. 3. Sterling on London-Sixty days. $1 S2; sight, $4 86J. Mexican dollars. 5051c. Drafts Sight, 12c;. telegraph, 16c NEW YORK, Jan 3. Money on call, 45 per cent. Last loans, 4 per cent. Prime mercantile paper. 4iQ5; per cent, Sterling exchange, firm, with actual business In bankers bills at $4 S4 de mand, and at $4 24 83 for 60 days. Posted rates. $4 S24 S3 and $4 87. Commercial bills, $4 Sl S2. Silver certificates, 64S65c Mexican dollars. 50c. Bonds Government, weak; state, steady; railroad, weak. LONDON, Jan. 3. Consols, 97d. THE GRAIN MARKETS. Prices foe Cereals -1b European and American Porta. SAN FRANCISCO, Jan. 3. Wheat and barley uture4ulct: Spot markcttsteady. Oats steadyT Spot Quotations were: Wheat-MIIUng. $1 0S1 08. BarleyiFeed, 735i75c; brewing. 80o., Oats Black, for seed, $1 221 30. Call Board sales: Wheat, no sales; cash, $1. Barley No sales. Corn Large yellow, $1 17&31 20. Chtcnsro Grain and Frodnce. CHICAGO. Jan. 3. Wheat had a ner vous day. Under the depressing Influence of unresponsive Liverpool cables, "May opened 9xc lower to unchanged at 7Sc On buying caused by light Northwest re ceipts, a rally to 17$ followed. The bulge moved to "action," the desire for profits and 9. slump tp 76c was ttye re sult. On this decline, stop-loss orders came out, and there was even some short selling. The corn strength then became an influence, and on covering. May ral lied to 774c. Again sales to secure profits became the order of the day, and as the recent- broad demand waaUacking, prices responded readily to the pressure. May declined- to 76& and closed weak, a under yesterday, at 76c. There was scarcely any cash business, prices being out of line. May -corn -was moderately 'active-. The market opened easier on the good weather, but turned stronger on good, cash demand. The close was firm. May c higher,- at 37c Oats were fairly active and generally strong, although there was some easi ness at the start on bull sailing. May closed We. higher at 24c. Provisions opened easier, but jturned strong on a good cash demand, particu larly for pork and ribs. Shorts and outside Interests were well represented In the buying. Prices eased from the top on profit taking, but the close waa firm. 'May pork. 2425c higher; lard 25c up, and ribs 10c improved. The leading futures ranged as follows; WHEAT. , Opening. HlgrhfFt. Lowest. Clnxfl. January . February May . . . . ..$u 74 $u u su J $U 73V 76 January ...... 357i February ...':. SSK 36 36 37fc 35 36S 36 35: Ofay 36 OATS. January 22 22' 22 May 24 24 24 - s- -MESS PORK January 12 05 13 12W 12 05 12 80 12 07 -May 12 73 13 25 12 75 LARD. January 6 87 ?05 6 87 May 702 7 17 7 0.2 SHORT RiBS. January , 0 C2 6 72 6 02 May ,, 600 6 80 'CW Cash quotations were as follows: 6 05 7 10 065 6 72 Flour Quiet and firm. Wheat No. 3, 6S73c; No. 2 red, 77c. , ' 75 Qorn No. 2, S6c; No. 2 yellow, 36S6c Oats No. 2, 2324c; No. 2 white, 2 27c. Pye No. 2, 5Sc. .Barley Fair to choice malting, -3frgG0c Flax jeed No. 1 Northwestern, $1 5S. Timothy Prime 6eed, $4 10. Mess pork Per barrel, $12 S713. Lard Per 100 pounds, $6 957. Short ribs Sides, ioose, $6 BOgG 0. Shoulders Dry salted, boxed, 56c. Short clear sides Boxed, $77 10. Clover Contract grade, $10 50: On the Produce Exchange, the butter market was dull; Creamery. i;25c; dairy, 1220c; cheese, dull. 10llc; -eggs, fairly active, fresh, 23c. Receipts. Shlpm'ts. Flour. .barrels ..-..v..,... 80,000 57,000 Wh.eat. bushels ,,..,4 190.Q0O 100.000 Corn, bushels ,.607,000 ! 174 000 Oats, bushels .,'..., 494,'000 l 278,000 Rye. bushels ...j , 3,000 2,000 Barley, bushels ...54,000 10.000 7 7 JVevr York Grain and Produce. NEW YORK. Jan. 3.7-Oour receipts, 39,510 barrels;- exports, 1S021 barrels; mar ket dull and easier. Wheat-r-ReceJpts, CS.ipO bushels;, exports, 24,575 bushels; spot easy; No. 2 red, 8lc f,o.b afloat. Options opened, 78c ele ya.tor. Options expressed weakness all the fpre part -of the day under stop loss selling, unsatisfactory cables, lack of outside sup- jjort and a bearish price current weekly review. The market closed weak, llc net decline. Mar.ch closedr 81c; May, Wool Steady. Hops Qu!e. European Grain Market. ,pNDQN, Jan. 3. Wheat Cargoes on passage, Quiet and steady; Walla Walla, 2$c 3d. LIVERPOOL; Janr S.-AVheat Firm; ;No. 1 standard California, 6s 4d to 6s 4xJ; wheat In Paris, firm; flour In Paris, firm; weather In England, overcast. Wheat-Spot, firm; No. 2 California, 6s 3d; No. 2 red Western Wirtter, 5s lld; "No. 1 Northern Spring, G3 2Q. Futures, steady; February, 6s ld; March, 6s 2d; May, 6s, 2d.- Corn Spot American mixed, new, quiet, 4s d; American mixed, old, firm, 4s 2d. Futures 'quiet; March, 3s 9d; May, 3s 8d. Flour St. Louis fancy Winter, steady, 8s 6d. SAN FRANCISCO MARKETS. SAN FRANCISCO, Jan. 3. Wool Spring Nevada,' ll13c; Eastern Oregon, 1014c; Valley, Oregon, - 1517c. Fall Mountain lambs, 910c;, San Joaquin plains, 68c; Humboldt and Mendocino, 1012cl Hops 1900 crop, 1317c. Kay WheaC $913 50; wneat and oats. $912 50. best barley. $9 50; alfalfa, $7 10; compressed wheat, $913 per ton; straw. 3547- per bale. Millstuffs Middlings. $16 5019 50; bran. $14614 50 per ton. Potatoes River Burbanks. 30g65c; Sa linas Burbanks, 85$1 15; Oregon Bur banks, 65c&$l; sweets, 60c$L Onions $1 65 per cental. Butter Fancy creamery. 26c; do sec onds, 22c; fancy dairy. 20c; do seconds, ISc. t Eggs Fancy ranch, 31c; store, 25c; Eastern, 25c. - Citrus fruit Mexican limes, $44 60; common California lemons. 75c; choice, $2 50. navel oranges, $1 60 52 50 per box; pineapples, $2.3 per doz,pn. Poultry Turkeys, gobblers, 12313c; do hens, 1213c per pound; old roosters, $3 50 04 per dozen; young roosters. $4 505; fryers, $44 50; hens, $S4 50 per dozen: small broilers, $22 50; large do. $33 50; old ducks $34; geese, $1 251 50 per pair. Green fruit Apples, choice, $1 per box: comnlon, SOc per box Bananas $102 50 per bunch. Receipts Flour, quarter sacks, 7227; wheat, centals, 1,661, do Washington, 5344; barlejvcental3, 1100; oats, centals, 1110; do Oregon, 520; beans, sacks, 395; do East ern, 1000; potatoes, sacks. S934; do Oregon, 201'bran, sacks, 960; do Washington, 375; middlings, sacks, 420; hay, tons, 196; wool, bales, 31; hides, 470. EASTERN LIVESTOCK. CHICAGO, Jan. 3. Cattle Receipts, 12. 000, including 400 Texans Generally 10c lower, including butchers stock. Good .to prime,. $5 356" 15; poor to medium, $3 65 S5 2o; pows, $2 G5J?4 15; heifers, $2 73S'4 50; canners, 522 65; 'bulls. $2 0g'4 40; calves, $4 50g 12; Texas-fed steers. $41 90; grassers. $3 30(5?-4 30; bulls, $2 504 50. "Hcgs Redelpts, 2JT.0C0. tomorrow, 25 000; left over, 50Oi "Market opened 5c lower, closed strong, top, $5 15; mixed and butchers, 34 855 15: good to choice heavy, $4.3505 15; rough, heavy, $4 S04 90; light, $4 805 10: JSulk qf sales, $4 90(55 CS Sheep Receipts. 1,2.000. Sheep, steady; lambs, strong; good to choice wethers, $3 754 70; fair to choice mixed, $3 40a S5; Western sheep, $3, 754 65: Texas sheep, $2 50S 60; native lambs, $433 6d; Western lambs, $55T5 50. OMAHA. Jan. 3. Cattle Receipts. 3600 head; market, steady to 10c lower: native beef steers. $4 005 33; Western steers, $3 3504 40; Texas steers. $3 003 75; cows and helfens. $3.004 10; stockers and feed era. $3 004 40; calves. $4 006 50; bulls and stagsV 52 C0S4 00. - f i - Hoes Recelots. S400 head: market shade lower, 'dosed' steady; heavyy $i-925-(30f mixad, $4-92495; light, $4 905 00; bulk of sales, $4 954 97. Sheep Receipts. 1800;. market weak to 10q Jower; fain to choice Wefitemsw $3 J5 4 CO; common to cholco sheep,- $3 T5&3 85; lambs, $4 S5g5 25. KANSAS CITY. Jan. 3.-Cattle-Ke-celpts, 6000; market, steady to weak; Tex as steers. $3 764 69 Texas ,cows, $2 2o 5 10; native steers, $3 4035 25;' native cows and heifers, $2 004 90; stockers and feeO trs, $2 504 40; bulls, $2 S54 00. Hogs Receipts, 12,000; market, weak to 5c lower; bulk of sales, 4 92l 97; heavy, $4 80S5; . packers', $4 92g5 02; mixed, $4 S54 97; lights. $1 S04 97; Yorkers, $4 904 97; pigs, $4 4C4 85. Sheep Receipts, 2000; market, steady; lambs. $4 COSSGO; muttons, $2 004 SO. The Metal Markets'. NEW YORK. Jan. 3. The metal mar kets of England were In somewhat of a semi-panicky condition today, as the re sult of the unfavorable statement Issued by the Bank of England. Weakness de veloped rapidly,, and before the closo of business fin in London had declined 3 to 118 10a, and was tending still lower. The local situation, following this infor mation, dropped about 75 points, and ruled weak and unsettled all day. Buyers,, how ever, failed to take advantage of the low prices, and business was very lack.Tne closing figure here was nominal at $26 50. The rest of the list, however, remains quiet, with trading confined chiefly, to supplying Immediate requirements. Lake copper ruled dull and nominal at $17 for Lake Superior and $16 62 far casting and electrolytic, while at London a loss of 7s 6d was noted Lead and spelter continue quiet, but steady, at unchanged prices. Iron markets in this country wer.e vth out material change, despite the weak ness abroad, where Iron In. Glasgow, de clined 3s to 57s apd Mlddjeboro 9d to 49s. Bar silver 63c. n SAN FRANCISCO, Jan. 3. Bar silver, 63c. LONDON; Jan. 3. Bar Bllver, 29 7-16d, Salmon Trade" Affected. NEW YORK, Jan: 3. The ' Journal of Commerce says; It Is stated In West Side canned-goods circles that the matter of discovering the author of the rumor or report recently published to the effect that coast packers of salmon were canning- Louisiana catfish and branding it as salmon has been turned over for tne consideration of the United States Fish Commission. 1 The rumor or report was taken serious ly In certajp East Side quarters, particu larly among the Hebrews, who,, because of their religion, which prohibits .the eat ing of catfish, declined to buy salmon In many Instances. -This action resulted In some loss of trade to canned-fish dealers here. Tfce Cotton Market. NDW YORK, Jan. 3. Cotton On the first call the market was steady and 2 points higher to 1 point lower. Cover ing soon became popular, while Wall street and Western buying developed on a small scale. Prices quickly responded, and at the best level were 24 points above tho close yesterday. Before mid day, however, profit-taking carried values down S12 points, and for the rest of the session was sluggish, and a .professional turn late In the session toolc an easier tone under fresh buying, and fhe market closed easier, twlth prices 310 points lower. Investigating Knllnreww LONDON, Jan 3. A number of brokers held a .meeting today and discussed the recent failures and"., the cqllapse qf the London & Globe Finance Corporation, Ltd. They appointed a committee to In vestigate some of, the transactions of the London S; Olobb, and to Inquire into Its present position. The committee will re port Tuesday n?xtT" Coffee and Sijgnr. NEW YORK, Jan. 3. Coffee Options Closed quiet, with prices 510 points lower. Sales, 9250 bags. Including: May, $5 9 6; August, $6: September, $66 10. Spot Rio. quiet: mild, dull; Cordova, 913J4c. . SugarRaw. steady, but .quiet; refined, quiet. More London Failures. . LONDON, Jan. 3. Additional failures wore- announced on the Stock -Exchange today In connection with -the suspension of the London &-Globe Finance Corpor ation. They were those of A. S. May. A. H. Clark-and G. Blundell. Jr. "REFORM.". MUST BE PROGRESS Constructive Policy Only W'ill Save It'From Failure. New York Journal. That was a suggestive observation-of Controller -Coler's at the Reform Clubdln ner, when he said he preferred the word "progress" to "reform." Reform is nec essary, of course. All good citizens should work for.lt. But.it Is. only a negative good It clears away poisons, but it does not nourish the social system with ac tual food. It Is because the Democracy in nation al affairs was for so many years nothing but a reform party that Its successes were so short lived. It shouted: "Turn the rascals out," and "Show' the Books;" It demanded the abolition of tariff rob bery and the prevention of raids on the treasury, but It had no programme of pos itive work, and so as soon as It got into power it was stricken with paralysis, and the people swept it out again, " The same principle holds good in mu nicipal affairs- Imagine a great city gov erned with absolutely ideal perfection from the point of view of simple honesty. Imagine every cent of money collected hi taxes applied to legitimate expenditures according to business principles; every superfluous officer-holder dismissed, every policeman, patrolling his beat with the slng'e purpose of maintaining order and repressing crime, and all 'vicious char acters compelled to ply their trade in dark corners. All this would be admir able, but would It be enough to make such a government secure. In confidence .and affection of the voters? Would it bring complete satisfaction to the masses on the East Side in New York, or the West Side In Chicago, or south of Market street In San Francisco? If it would not. It Is evident that re-r formers have something tb learn. Mr. R. Fulton Cutting, president of the Citi zens Union of New York, has learned it. He says that a reform movement should cm-body a positive programme Including the "municipal "ownership of public util ities, and municipal initiative In social betterment." If reformers came Into pow er with such a policy as that, and honest ly carried It DUt, they would not be kicked out at the next election, as the custom "is" now. When Joseph Chamberlain took hold of the politics ot Birmingham nearly thirty years ago, he aave the people not only honest government, hut progressive , gov ernment. He began by securing munici pal gas works, which reduced tho price or gas to 52- cents per thousand feet. The municipal water-works were developed to such an extent that they are now selling water to other towns. Thq city built street railroad lines and leased them on favorable - terms. It built and operates slaughter houses, markets, nubile baths, technical schools, art schools. Industrial schools and asylums. It has recently ac quired an electric light plant. It bought land on a great scale and covered It with model worklngmen's dwellings and other buildings. It abolished- Its slums, and gress rich In the process. Th- - "lt has been that Mr. Chamber lain has retained iis grip on the affec tions of Birmingham from the time of his first mayoralty to this day. There war no spasmodic jump form corrupt politics to reform and back again. The people proved that they were not , fickle they stood by 'those who otopdjby Ibem.. New Zealand had a reform movement Downing, Hopkins & Co. WHEAT AND STOCK BROKERS . Room 4 Ground Floor SOTII TELEPHONE! some years ago. The reformers were not "merely "antls,"they promised things that Interested the people, and when they got. Into power they began to carry out their promises. New Zealand already had many things thatare still visions of the distant future with us government rail roads, telegraphs, postal saving banks, .government life insurance, a department of labor, and the like, but the reform government went ahead from that start ing point to new advances. It reformed tho system of taxation, putting the bulk of It on land values. It broke up great estates, and rented land in small hold ings. It introduced compulsory arbitra tion of labor disputes, In consequence of which there has not been a strike or a lockout in the colony for five years. It promotes technical education. It Intro duced the referendum. It established gov ernment fire Insurance. It provided old age pensions for labor. No session, of Parliament passed without some new ad Vance. And In consequenece there have been no arbitrations In New Zealand politics like those with which we are so unhap pily familiar in this country. The re formers have remained in power from one election to another, gaining strength all the time. Reformers In this country must pront by such examples as these before they dan hope to have more than a spasmodic success. They cannot win by "crusades," for a crusade" is in. Itself a confession of failure. It implies that evil is in control and must be ousted. When the victory lfl won the impulse of the crusade Is gone. To make reform permanent there must be something attractive In Itself, not merely opposition to existing abuses. There is plenty of material for construc tive programmes, bqth in local and na tional affairs. We are miles behind other countries In the application of the col lective energies to the common good. We rihall be lucky If we reach In 20 years the point at which New Zealand stood when her reform legislation began. When we have municipal gas works, street car lines, electric light and power plants and model tenernents owned by our cities, we shall be where many foreign cities werfc years ago. When we have government railroads and telegraphs, a parcel post, postal saving banks and national insurT ance, we shall have reached the common places of Europe and Australasia. In the early part of this century the Democracy, the reform party of that day, could retain power for 40 years by thq sim ple policy of letting things alone. That was all that seemed to be needed theh, for there were no great cities, natural opportunities were open to everybody, and all that any Independent American asked of the Government was to keep its hands off. But now that more people are massed In a single city than lived In the whole Union when the Nation began Its career, now that the resources of nature are mo nopolized and the average individual is a helpless atom, the people have no choice but to seek their advancement together. If a hody of reformers should set them selves deliberately and systematically to this work, and convince the masses of their good faith, they could win, power and hold it for a generation, doing something every year to win new popularity. Thoy could begin In the cities by Insuring every child an education, and then could proceed to .municipal gas works and the other ltema of the progressive . pro gramme in. turn, They. could begin in the Nation with a parcel post, and go on to postal telegraphs, postal saving banks and the rest. Unless the men who are working for L the public good secure popular support by some such policy as this, they will find that the combination of selfish Inter ests 111 always be too strong- for them. AT THE HOTELS. THE PORTLAND. P A Woodln. Colfax S J Sternberg. S P C R Davis, Chicago Jas N North, Boston Lawrence Harris, S F E B Ljon, Mlnnpls L. B Hicks. Seattle L B Faulkner. Olympla G H Haes. Victoria Mrs G H Haye3, do P French, Boise Mies Ida. Platter, Ta coma w J CaMll. N r HA Kyer. Seattle E K Aiden. Caldwell, Idaho John T Llghter.Astorla w w K'denaizn, do Chas Helllborn, do Ph Jacobovles, S F Mat Furst, San Fran J Kragin. San Fran X. H McRockey. S F J N Sltton, NJ .THE PERKINS, J S Williams, Joseph, Or Mrs J S Williams, do H C Mason, Arlington Mrs H C Mason, do P C Dabler. Cornu copia, Or C J Lundley, Rock- fdrd. Ill Mrs C J Lundley, do A F Hail. do Jos Danley, Boston D Malacnuba, do J E Wilson, Arllngtoi M T BartholomeWi F Stevens Mrs M Pitts, do A Slnshelmer, city A L Sawyer, city Geo W McCurdy.Wash Mrs G-W McCurdy, do Master John McCurdy, Wash G R Campbell, Dalles Wm N Boots. Monmth J H Egcert. Wyeth.Or Mrs J H Eggert, do Mrs Hughes Pendletn McKlnley Mitchell, Gervals O H Flthlan, Chicago Mrs O B Estes. As toria Miss Pearl Estes, do Miss Lulu Estes, do T J Hall, Clatskanle C C McQulre, Oakes- dale, Wash Luther Campbell, Washburn, Or F W Bailee. Chicago J R Smith, Soda Sprgs E C Loomls, Eugene D E Williams, Seattle P Forrest, Mt Angol Herman C Stevens, So Bend. Wash C E Moulton, Tacoma Miss Evelyn Webber, Edwin Hawk, Seattle Wm F Cowden,Tacoma Mrs Geo A Black, Ab erdeen, Wash G W Nlmeson, do Mrs G W Nlmeson, do Master Nlmeson, do E S Collins. Ostrander J H Dalton, Genessee, Wash Thos Nlcleson, June C R E Fuller. Dickin son, Dak Mrs J D McDermld, Wasco, Or C R James, Seattle J A Crawford, Seattle Dr Ed Smith, Seattle E D Stratford. Rose burg, Or W F Slaughter, St Hln JA Lester. Bridal VI Mrs J A Lester, do A A Coon, city J P Johnson. Astoria E T Roud. Astoria Frank Aldrlch. Gol- dendale. Or J P Tutics. Vancouver L S Stewart, do J A Carter, Kalaroa Guy Possen, Seattle Wm Dutcher. Aberdeen W Waddle, Eugene Geo Clark. Ft Wraneel E B Aldrlch. Fossil. Or Mrs W L Campbell. Warrenton, Or C W Matthews, Leb anon. Or J R Beard, Lebanon w E Weaer, Lebanon O C Blaney, Clark. Or Miss A Gibson, city MIs3 D Dunlop. city Sam Sterhin. Troutdale J Buckwolter. Spokane THE IMPERIAL. C. W. Knowles, Manager. "WO Smith, Vancouvr Jos W Kyle. Salem H H Leonard. Boise F C Reed, Astoria J A Tewhey, Clilcagr M Warren. San Fran Mrs Warren, San Fran J O Cook, San Fran Mrs J O Cook, do W P Dickson, Tacoma H B May, Sumpter D W Stuart, San Fran J N Fordyce, Dalle Mrs Fordyce. Dalles W G Westacott. Salem C Hutchinson, Newberg J Blaln. Billings, Mont Mrs Blaln, do Martin Hofstad. Alaska John Mlnto Salem Paul Houser, aaiem B- S Ronyop, Jefferson Mrs Ronyop, do Miss Ronyop, do F A Doughtere, Colfax E Harvey, Pullman E Beandry, Pullman Z Koresupl, Pullman D J Hanna, city M G Morsan. Chehalls J A Patterson, Heppnrl Mrs Patterson, uo 8 F Winters. Baker C Mrs Winters, do Mis Olive Hartley, Moro, Or Geo F Plunkett, St Pi A C" Hanley. St Paul M' O Lownstfale, -La- Fayette H Kimball, Salem John Sommerv llle, Welser, Idaho W S Waterbury. do" U L. Houston, Astoria Mrs Cotter, Seaside Mlei Cotter. Seaside Master Cotter, Seaside Hotel Brnnavrfclc. Senttle. European; first-class. Rates. 73c and up One bv'ock from depot. Restaurant next door. Tacoma Hotel, Tacoma, American plan. Rates, $3 and up. Donnelly Hotel, Tacoma. European plan. Rates, 20c and up. Faith, and Donbt. The Spectator. A life of faith does not exclude the ago nies of doubt.' Faith presupposes a hy pothesis strong enough to bear the whole fabric of a man's theories of life, and to support hhn in every Question of conduct. Such a faith is as much as most of us can look for here. Thomas a Kempis, whose religious genius so often made him -wider than.-'his .creed, .and to whom the thoughts of many Hearts were revealed Chamber of Commerce Jn moments of palnfuj. uncertainty, 'ex pressed what we mean, so much bettei than we are able to do as. to tempt us tb quote him at length, well knonn though every word of his writing Is. "When one who often anxiously wavered between hope and fear was one dpy consumed with sadness he prostrated himself in nrayer in church before a certain a tar, and re-, voivea tnese tnings w;tmn mmseii. say ing: 'Oh. if I did but know that, I should persevere on and on; All at once ht heard within himself the divine answer: 'And what wouldst thou do If thou knew est this? Do now what thou wouldst do then, and thou wilt be safe enough.' Ana presently, being comforted and strength will, and his anxious wavering ceasea. Neither had he a mind to search curious ly to know what should befall him hero after, but studied rather to inquire what was the acceptable and perfect will of God for the beginning and accomplish ing of every good work." TRAVELERS' GUIDE. The Yellowstone Park and Pioneer Dining-Car Route Leave. I'nloa Df?Jt, 6tiaaJ JSti Arrive. No. 12 1.45 P. M. Overland Express lor South Bend, Aberdeen, Hoquiam. CosmopoUs, Oiympla. Tacoma, Se attle, North l&klma, Kitaville, Spokane, Pullman, Moscow, Lew i'ton, Grangevilto, Rossland, B. C. Butt. Billings, Fargo, bt. Paul, Minneapolis, Chi cago, Boston. Wash ington, D. C, New York, and all points east and southeast. Kansas CIty-St. Louis Special for Tacoma, Se attle, North Yakima. Rltzvllle. Spokane. Hossland, Lewlstou. Helena. Butte, Bllllngi. Deadwood, Denver, Omaha. St. Joseph, Kansas City. St. Louli, Chicago. Washington. Baltimore. New "Stork Boston, and all point east and southeast. No. 11 7:00 A. it No. 4- UlZU P. A No. 3 7.30 P. M. Baggage checked to destination of tickets. Union Depot connections In all principal cities. Through car service via Northern Paclflc Burllngton Route, train No. 4. for Omaha. St. Joseph, Kansas Clt, St. l,ou1s. Quick time and uncqualed accommodations The only line running Pullman standard and Pullman up bolstered tourist sleepers, the finest In tho world. Portland to Minneapolis and SL Paul without change. For any additional information, tickets, sleeping-car reservations, maps of routes, etc, call on or write to A. D. CHARLTON Assistant General Pnssenprer Agent, 255 Morrison St., Cor. Third, Portland, Orejjon. Ticket Office 268MorrijonSt. 'Phone 680 LEAVE No. 4 C 00 P.M. The Fljer. dally to and from St. Paul, Minne apolis, Duluth. Chicago and all points East. ARRIVE No. 3 7.00 A. M Through Palare and Tourist Sleepers. Dining and Buffet Smoklng-Library Cars. JAPAN - AMERICAN LiHz STEAMSHIP RIOJUN MARU, For Japan, China and all Asiatic points will leave Seattle , x About January 7th Astoria. & Columbia River Railroad Co. LEAVES UNION DEPOT. For Maygers, Rainier, Clatskanle, Westport, Clifton. Astoria, War renton, Flavel, Ham mond, Fort Steens, Gearhart Pk., Heaside. Astoria and Seashore Express. Daily. Astoria 'Express, Daily. ARRIVES UNION DEPOT. 8:00 A. M. 11:10 A. ar. 7.00 P. M. 0:40 P. M Ticket offlce 233 Morrison st. and Union Depot, J. C. MAYO. Gen. Pass. Agt. Astoria. Or. Hong Kong, via Yokohama and Kobe. Due 'at Portland as follows. SS. MILOS Jan. 3 SS. SKARPSNO Feb. 20 For freight or passaga apply t6 T. 0-8-10 Columbian bide. Third and Oak sis. Pacific Coast Steamship Co. rOR ALAoKA. THE COMPANY'S steam ships Cottage City, Senator and Al-KI leave TACOMA 11 A. M ; SEATTLE OP M.; Jan. 0. 10, 15. 20. 25, JO. Feb 4. 0 14. 10. 24. March 1. Steamer leaves every fifth day tnereatter uriner informa tion obtain company's folder. The company reserves the right to change steamers sailing datos and hours Of sailing without previous no tice. AGENTS N. POSTON. 24ff Washington st., Portland, Or. F. W CARLETONN. P R. R. Dock. Ta coma. TICKET OFFICE. C18 First ave.. Seat Ue. M. TALBOT Com'l Agt . C W. MILLER, Asst. Gen'l Agt. Ocean Dock. Seattle. GOODALL, PERKINS & CO.. General Agents, San Francisco Steamers Aftona and Pomona Dally (ex. Sunday) for Independence. Salem and all way landlnrs. Lca e Portland G 40 A M.; leave Salem 7 A. M . Independence. U A. M Offlf and dork foot Taylor t E No Cure , No Pay THU MODERN APPLIANCE. A positive way to perfect manhood. The VACUUM TREATMENT cures you without medidlno of all nervous or diseases of the generative or gans, such as lost manhood, exhaustive drains, varicocele, Impotency, etc. Men are quickly re stored to perfect health and strength Write for circulars Correspondence confidential THE HEALTH APPLIANCE CO. r-"n 47-49. Safe Deposit Bid?.. Seattle. AVash. IjsHBbeatnortherh) 18 IllfilSilill I'll!!! 1 B 1 Sj TRAVELERS GUISE. Union Depot, Sixth and J Streets. THREE TRAINS DAILY FOR ALL POINTS EAST "CHICAGO-PORTLAND SPECIAI." Leaves for the East. Ma Huntington, at 0:00 A. M.; arrlci at 4.30 P. M. SPOKAXE flyer. For Spokane.- Eastern Washington, and Great Northern points, leaves at P. M.. arrives at 7 A. M. ATLANTIC EXPRESS. Leaei for the EasC via Huntington, at 000 P. M.. arrives at a.40 A. M. THROUQH PULLMAN AND TOURIST SLEEPERS. OCEAN AND IUVBR SCHEDULE. Vater lines schedule subject to Changs with out notice. OCEAN DIVISION From Portland, leave. Alnsworth Dock at UP. M.. sail every S days: Geo. W Elder. Jan 2. 12. 22. Feb. 1. 11. Co lumbia, Jan. 7, 17. 27. Feb. C, 1J. From .ban Francisco Sail every 5 days. Jeave- SpeaT-strect Pier 24 at 11 A. M.: Co lumbia, Jan. 3, 13, 23, Feb 2. 12, Geo. W. "Elder. Jan. 8 IS. 25; Feb T. 17. COLUMBIA 'nlVETt" DIVISION. PORTLAND AND ASTORIA. Steamer llossalo leaves Portland dally, ex cept Sunday, at 8.00 P. M.; on Saturday at 10.00 P M. Returning. leaves Astoria dally, except Sunday, at 7.00 A M. WILLAMETTE 1UVER DIVISION. PORTLAND AND SALEM, OR. Steamer Ruth, for Salem. Independence and way points, leaves from Aih-stract Dock at 0 A. M. on Mondays. Wednesdays and Fridays. Returning, leaves Independence at S A. M-, and Salem at $ A. 1L, on Tuesdays, Thursday and Saturdays. CORVALLIS AND ALBANY. Steamer Modoc leaves Portland at 0 A. W. on Tuesdays. Thursdajs and Saturdays. Re turning, leaves Corvallls at 6 A. M. on Mon days, Wednesdays and Fridays. YAMHILL RIVER ROUTE. PORTLAND AND DAYTON, OR. Steamer Elmure. for Oregon City. ButteviUe. Ch&iniioeg'. Dayton and way landings, leaves Portland, Tuesdays. Thursdays and Saturdays at 7 A. M. Leaves Dayton for Portland and way points Mondays; Wednesday and Fridays at a A. M. SNAKE RIVER ROUTE. RIPARIA. WASH., AND LEWISTON. D3AHO Steamer. Spokane or steamer LewUton leaves Rlparla dally at 3:40 A. M.. arriving at Lew iston about 3 P.M. Returning, the Spokane or Lewlstou lea es Lewis ton dally at 8..SO. A. M.. arriving at Rlparla same evening. W. H. HURLBURT. General Passenger Agent. V. A. SCHILLING. City Ticket Agent. Telephone Main 712. bO Third at,, cor. Oak. STEAMSHIP LINE CHINA AND JAPAN. FROM PORTLAND. For rates, accommodations, etc., apply to OREGON RAILROAD & NAV. CO.. Agents, Portland. Or. CAvjl via SOUTH Leave Depot Fifth and I Streets. Arrive OVERLAND EX PRESS TRAINS, for Salem. Rose burg. Ashland, Sac ra m e n to, Qgden. San Francisco, Mo Jave. Los Angeles. El Paso New Or leans and the East. At Wood burn (dally except Sun day), morning train connects with train for Mt. Angel. Sil v e r t o n, Browns ville. Sprlngfi eld. and Natron, and evening train for Mt Angel and Sll verton. Albany passenger Corvallls passenger Sheridan pass'gr .. 7;43A.M. 0:30 P. M. 4:00 P. M. 7.30 A. M 114.50 P.M. 10:10 A M 5:50 P M. rlS:25 A. M Dally. HBaily except Sunday. Rebate tickets on. nalo 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. B. KIRKLA'ND. Ticket Agent. 140 Third street. YAMHlLt DIVISION. Passenger Depot, foot ot Jefferson street. Leavn for Osvvego daily at 7 20. 0:40 A. M.I 12 JO. 1.55. J 25. 4 40, O 25, tf JO. 11.30 P. M.S and O.0O A. M. on Sundays only Arrive at Portland dally at 0:35, ai30, 10.r0 A. M.: 1.46. J 10, 4.J0,. 045, 7 40. 10.00 P. M.; 12:40 A. M. dally, except Monday, 8 30 and 10:05 A. M. on Sundays only. Leave for Dallas dally, except Sunday, at 5 06 P. M. Arrive At Portland at 0 30 A. M. Passenqer train leaves Dallas for Airlift Man da js. Wednesdays and Fridajs at 2.45 P. M, Returns Tuesdays, Thursdays and Saturdays. Kxcept Sunday. R. KOEHLER. Manager C. H. MARKHAM. Gen. Frt. & Pass. Agt. ONLY 70 HOURS PORTLAND TO CHICAGO ...VIA... TWO TRAINS DAILY TO THE EAST NO CHANGE OF CARS to Denvar, Omaha. rConsu City end Chicago. Only Four Days To New York. Boston, Philadelphia end Washington. Palace Sleepers. Tourist Sleepers. Dining, Cars, Library Cars. Free Recllnlng-Chalr Cars. Steam Heat. Plntsch Light. Fast Time. Union Depots. Baggage checked to destination. CITY TICKET OFFICE 135 Third Street Portland, Oregon J. H. LOTHROP. Gen'l. Agent. GEORGE LANG. City Pass. & TkL Agt. WHITE COLLAR LINE STR. HERCULES takes the place of BAILET GATZERT (Alder-street Dock). Leaves Portland daily every morning at 7 s'elock. except Sunday. Returning, leaves As- ter'a every night at 7 o'alock, except Sunday. Oregon phone Main 35L Columbia phone 331. s sunsrr wn ROUTES JQJ MMNPACIFIC R. R. CO. 1 OREGON SHORT LINE R. R. CO. I OREGON R. R. & NAVIGATION CO. t