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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 7, 1901)
THE MORNING OREGONIAN, THURSDAY, FEBRUARY 7, 1901. COMMERCIAL AND The .first week of February presents no "features "of unusual Interest In the trade situation. A rasping' east "wind for the first three days of the current -week ban ished ideas of Spring trade from the minds of Intending iuyers, but the move ment of seasonable staples continues heavy, and prices are well maintained. The whent market continues to drag, and each spasmodic bulge is a little feebler and a little shorter-lived than its pre decessor. The , potato market, which usually at this season of the year Is quite active, is 'also suffering from an over-supply, and prices are very weak. There is -decided strength In the market lor veal -and pork, and prices are hover ing around the top notch for the season. Poultry, which was under the ban last week, has recovered from. Its weakness, and Is bringing better prices again. But ter has steadied up a little on account of an advance In San Francisco. Eggs are weaker and a decline is expected at any time. Wool and hops are firm and oats are higher. Wheat The wheat market was almost stationary in this country yesterday, with Europe fractionally ' lower, and a decided Indifference on the part of foreigners In regard to doing any business. In the local market dealers generally quoted 54 and 54Jfe cents, but it is probable that a shade more might have been forthcoming for a round lot of good wheat. Sellers are not inclined to let go at these figures, and, in consequence, matters are almost at a deadlock. Some wheat is offering at 56 cents which could not be obtained at 57 cents a few days ago, but it can not be secured at yesterday's prices un til the market loses another cent or two. Freights are not following wheat in the downward rush, but in spite of the weak ness in the cereal, and the very light selling movement, owners refuse to con sider anything less than 41s 3d, which was the rate at which the last charter reported was made. The supply of tonnage In the river is about exhausted and there are still up wards of 20 cargoes on spot In addition to the big fleet that has become so long -overdue that but little hope Is expressed for Its ever appearing, a number of other ships which should have been here the latter part of January have not yet put in "an appearance. The non-arrival of "this fleet is taxing the capacity of the warehouses, and tills fact gives the ship owner a little the best of the transac tion, when it comes to dictating term? with the shipper, even though the for eign wheat market does not warrant the rates demanded. The crop has been moving out of the Interior quite freely for the season to date, and in some sec tions not to exceed 20 per cent of it is still on hand. The condition of the growing crop both past of the mountains and in the Will amette .valley. Is excellent, and the weather has been perfectly satisfactory. There is some snow in the Interior, and where there Is none the plant has not suffered, as there has been no freezing and thawing, the only cold weather ex perienced being a few days of steady cok. which had no bad effect on the plant. The crop conditions through the Middle West are thus summarized by the Cin cinnati Price Current in Its review for the week ending 'last Saturday: "The most extensive snowfall of the r inter occurred during the past few days, covering nearly all of the winter wheat ..crop east of the Mississippi River, and over the northern portion west of the Mississippi, affording a good protection to the plant against severe weather, as well as giving the ground needed mois ture. Reports received during the past week in regard to the condition of the wheat crop have been favorable. To sum up the crop situation to date, it is to.be noted that the area seeded last fall was below the average in Ohio, Indiana, Michigan and Hlln6Is, but enlarged in the Winter wheat states west of the Mis sissippi, the aggregate area probably be ing a slight Increase over the previous year. To escape the hatching period of the hesslan fly, which did so much dam age last year, the seeding was done later than ordinarily. As the plant pro gressed in growth it appeared that the fly deposited Its eggs in much of the wheat which was sown early, but did not affect the late planted wheat. The area reporting the deposits of fly in the early wheat Is much more widespread than last year, but In no section does the amount of deposit or damage done appear to be so Intense as last year In Ohio, Indiana .and Michigan. Even an approximate Idea of the 'fly' damage can not be known until Spring. The Winter could scarcely have been more favorable for the growth and maintenance of a healthy condition of the plant. The most trying months are February and March, but the plant enters this period apparently in vigorous condition." Flour Oriental shipments continue very large, although much that is now going forward is on old account. Latest mall advices from Hong Kong report 150,000 quarter sacks of California and 350,000 quarter sacks of Oregon and Washington flour in that market, with fully a million sacks afloat or to be floated in the early weeks of this year. Prices show no change locally, and the business In this field is of normal proportions only. Oats Choice white oats are much fcfcarcer, and the recent strength in bar ley has helped prices to such an oxtent that choice white oats are selling up to 45 cents per bushel, with a good demand for gray and mixed at 42 and 43 cents. Stocks still held in the state are not large, and the outlook favors a good market. Wool The near approach of another shearing season has no apparent effect on the wool business, and there is but little offering at prices which buyers feel able to pay. The carry-over stock by the time the new clip is ready to move, will be th elargest on record; while prices may not show much Improvement, there is a general belief that holders will let go more freely. Prices are unchanged at nominal quotations. The situation in the East le thus reviewed by the New York - Journal of Commerce under date of Feb ruary 2: 'Wool values show very little fluctua tion, principally for the reason that any decline in price would not have tended to stimulate demand. Dealers feel that they are likely to lose less by holding to present quotations rather than to force business by naming lower prices. The market shows slightly more Inquiry, due probably to the opening of heavy weight Samples, which, while not all that might be expected in the point of size, yet were an agreeable disappointment to some who had predicted a much more radical decline over last year's figures. The im provement noticed previously In connec tion with the London sales has continued, but this has exerted little Influence upon local conditions, which continue to be af fected by the size of stocks. Manufac turers have comparatively small supplies of wool on hand, and evidently are de termined to pursue the policy of conserv atism which hSs -marked their course for so long. There have been some sales of wool this week which were forced by the necessity of realizing. These weak spots have 'been developed by constant hammer nig, and it is evident that buyers an more of less anxious about securing wool at the lowest possible point This is not likely to continue very long, for as soon as sufficient money is obtained FINANCIAL NEWS for current purposes there will be no dis position to weaken on the remainder. Furs and Skins The London sale closed last week. Offerings were very heavy, not only from here but other countries. The American offerings in cluded 165,000 skunk, 100,000 mink, 85,000 raccoon, 1,030,000 muskrat, 8000 civet cat, 5000 lynx, 2000 marten, 1100 otter, 23.000 red fox, 6200 gray fox, 9500 beaver, 7000 wild cat, 5000 house cat, 300 badger, 4000 bear, 27,000 opossum and SOOO wolf skins. Cables report lower prices for most va rieties, though some few kinds were higher. Skunk sold 20 per cent lower than last March: civet cat, 10 per cent do; lynx, 40 per cent do; opossum, 25 per cent do; red fox, 55 per cent do; wild cat, 75 per cent do; wolf, 50 per cent do; beaver, 10 per cent lower than last January; marten same as last March; mink. Eastern and Canadian, 15 per cent higher than last March; do Northern and Western, 10 per cent do; do Southern, 5 per cent do; otter, 1 per cent do; black bear, 10 per cent do; grizzly bear, 15 per cent lower than last March; brown bear, gray fox and South ern raccoon same as last March; North ern and Western raccoon, 10 per cent higher than last March; muskrat same as last January. Hops The market is devoid of interest locally on account of scarcity of unsold stock. There Is hardly enough remain ing to enable a quotation of any value to be made. The East reports an im provement in the demand for home con sumption, but buyers are not taking up round lots at the prices asked. European markets are steady: Potatoes Oregon Burbanks are selling as low as 60 cents per cental in San Francisco, and the market down there is overstocked with them. Of course, strictly first-class upland stock will bring more money, but the Oregon shippers have not only to contend with an oversupply which they have been rushing into the California market from the .north, but there are at least 300,000 sacks of river potatoes still held in California which are aiding In bearing the market. Port land prices are 40 to 50 cents for best Burbanks. Butter The fancy select stock which has an established trade is still held at 55 cents, 'not because It is worth any more than the 50-cent creamery in point of quality, but because there Is not enough of it to supply the trade, who believe the quality of an article is reg ulated by the price at which it is held. The market Is a shade firmer on all grades of creamery on account of an ad vance of 1 cents per pound In San Francisco. The store butter which is now coming to hand Is very "cultus" stuff, and It Is weak at 20 and 25 cants, except for an occasional lot of fairly good quality, which will bring 27)4 cents per roll. Eggs The cold snap was neither se vere enough or of sufficiently great dura tion to stiffen the egg market, and It was weak yesterday at 25 cents. San Francisco is offering guaranteed fresh stock from California at 22 cents per dozen delivered In this city, and while the difference is not great, It Is enough to give a weak tone to the market for Oregon eggs. Receipts are large and a decline is expected at any time. Poultry Chickens are selling much bet ter this week than last, and thus far, receipts have been small enough to Im part a firm tone to the market. Dressed chickens which went begging last week at 8 and 9 cents per pound, are now In demand at 10 and 11 cents, and some fancy dressed sold yesterday at 13 cents. Dressed turkeys are still plentiful, and are only fairly steady at 13 cents for best. Ducks and geese quiet at quota tions. ' . Bank Clearings. Exchanges. Balances. Portland $339,850 $54,390 Tacoma 213,709 92.475 Seattle 314.300 79.301 Spokane 164,836 20,915 PORTLAND MARKETS! Grain, Flonr, Etc. v Wheat Walla Walla, 5464&c; Valley, nominal; bluestem, 56c per bushel. Flour Best grades, $2 753 40 per bar rel; graham. $2 60. Oats White, 4445c per bushel; gray, 4243c. Barley Feed, $1515 50; brewing, $16 16 50 per ton. Millstuffs Bran, $15 50 per ton; mid dlings, $21; shorts, $18; chop, $16. Hay Timothy, $1212 50; clover, $7 9 50. Oregon wild hay, $67 per ton. Batter, Ekb, Poultry, Etc. Butter Fancy creamery, Oregon, 50c; do California, 4045c; store, 20Jz27&c per roll. Eggs Oregon ranch, 25c per, dozen. Poultry Chickens, mixed, $33 50; hens, $4; ducks, $56: gee6e. $67 per dozen; turkeys, live, 10llc; dressed, 1213c per pound. " Cheese Full cream, twins, 1313$c; Young America, 1314c per pound. Vegetables, Fruits, Etc. Vegetables Parsnips, S5c; turnips, 75c; carrots, 75c sack; onions, $22 25; cab bage, $1 651 75 per cental; potatoes, 40 50c per sack; sweet potatoes, $1 65 per 100 pounds; celery, J90c per dozen; Cali fornia tomatoes, $2 50 per box. Fruit Lemons, choice, $2; fancy, $2 50 2 75; oranges, $1 752 50 for navel; $1 50 1 75 for seedlings, per box; pineapples, $4 4 50 per dozen; bananas, $2 503 per bunch; Persian dates, Gc per pound; apples, 75ct$l 25 per box. Dried fruit Apples, evaporated, 56c per pound; sun-dried, sacks or boxes, 34c; pears, 89c; prunes, Italian, 57c; sliver, extra choice, 57c; figs, California blacks, 5c; figs, California white, 57c; plums, pltless, white, 7Sc per pound. Hops, Wools, Hides, Etc. Hops 13014c per pound: 1899 crop, 67c Wool Valley, 1314c; Eastern Oregon, lOgllc; mohair, 26c per pound. Sheepskins Shearlings, 1520c; short- CUUISON&CO. Board of Trade and Stock Exchange Brokers GRAIN PROVISIONS STOCKS -nd . COTTON IIOTJGHT AND SOLD FOR CASH OR CARRIED ON MARGINS 214-215 Chamber of Commerce Portland, OrcQon wool, 2535c; medium-wool, 3050c; long wool, 60c$l each. Tallow ic; No. 2 and grease, 23c per pound. Hides Dry hides. No. 1, 16 pounds and upward, 1415c; dry kip. No. 1, 5 to 18 pounds, 15c per pound; dry calf, No. 1, under 5 pounds, 1415c; dry-salted, one third less than dry flint; salted hides, sound steers, 60 pounds and over, 7Sc; do, 50 to 60 pounds, 7c; do, under 0 pounds and cows, 6c; kip, 10 to 30 pounds, 67c; do veal, 10 to 14 pounds, 7c; do calf, under 10 pounds, 78c; green (unsalted), lc per pound less; culls (bulls, stags, moth-eaten, badly cut, scored, bair-sllpped, weather beaten or grubby), one-third less. Pelts Bearskins, each, as to size, $5lB cubs, each, $13; badger, each 25c; wild cat, 2575c; housecat, 525c; fox, common gray, 40c$l; do, red, $1 753 50; do, cross, $23; lynx, $24 50; mink. 40cl 75; mar ten, dark Northern, $510; do, pale pine, $23; muskrat, 812c; skunk, 25'60cJ Otter (land), $4g8; panther, with head and claws perfect, $13; raccoon, 2530c; wolf, mountain, with head perfect, $3 5035 prairie wolf or coyote, 6075c; wolverine, $2 506; beaver, per skin, large, $G7; do, medium, per skin, $45; do, small, per skin, $12; do kltsper skin, $13. Meat and Provisions. Mutton Gross, best sheep, wethers, $4 75; ewes, $44 50; dressed, 6&7c Per pound. Hogs Gross, choice heavy, $55 25; light, $4 755; dressed, 67c per pound. Veal Large, 77&c per pound; small, 89c per pound. ' Provisions Portland pack (Shield brand), hams, smoked, are quoted at 124c per pound; picnic hams, 9c per pound; breakfast bacon, 14&15c; bacon, 10Vi ll&c; backs, 10&c; dry salted sides, DVi 10c; dried beef, 15c; lard, five-pound pails, lie; 10-pound pails, 10V4c; 50s, 10cS tierces, 10c per pound; Eastern pack (Hammond's). Hams, large, 12c; me dium, 12&c; small, 13c; picnic hams, 9c; shoulders, 9c; breakfast bacon, 13 15c; dry salted sides, 9&10Vic; bacon sides, 1011; backs, lltfc; butts, 10c; lard, pur eleaf, kettle-rendered, 5s, llVfcc; 10s, lie; dry-salted, bellies, 10Villc; bacon bellies, 1112c; dried beef, 154c. Beef Gross, top steers, $4 504 75; cows, $44 50; dressed beef, 78c per pound. Groceries, Nats, Etc.' Coffee Mocha, 232Sc; Java, fancy, 26 32c; Java, good, 2024c; Java, ordinary, 1820c; Costa Rica, fancy, 18t?20c; Costa Rica, good, 16lSc; Costa Rica, ordinary, 10512c per pound; Columbia, roast, $12 75; Arbuckle's, $11 75; Lion, $11 25 per case. Sugar Cube, $6 45; crushed, $6 70; pow dered, $6 05; dry granulated, $5 85; extra C, $5 35; golden C, $5 25 net, half barrels 4c more than barrels; maple, 1616c per pound. Salmon Columbia River, one-pound tails. $1 502; two-pound tails, $2 252 50; fancy one-pound flats, $22 25; -pound fancy flats, $1 101 CO; Alaska tails, $1 401 60; two-pound tails, $1 90 2 25. Nuts Peanuts, 6&7c per pound, for raw, 9c for roasted; cocoanuts, 90c per dozen; walnuts, lOgllc per pourd; pine nuts, 15c; hickory nuts, 7c; chestnuts, 15c; Brazil, He; filberts, 15c; fancy pecans, 12 14c; almonds, 1517c per pound. Beans Small white, 6V4c; large white, 5c; bayou, 3c; Lima, 6Vc per pound. Grain bags Calcutta, $66 12 per 100 for spot. Coal oil Cases, 19Vc per gallon; bar rels, 15 Vic; tanks, 13Vc Rice Island, 6c; Japan, 5"Jc: New Or leans, 45&c; fancy head, $77 50 per Stock salt-50s, $11 50 per 100; 100s, $11. SEW YORK STOCK MARKET. Trading: of Extraordinary Volume and "Wild Variations. NEW YORK, Feb. 6. The trading In stocks and bonds today showed extraordi nary volume and variations, the aggregate sales of all stocks reaching 1,994,200 Bhares, compared with the record of over 2,100,000 shares, which only exceeds them. The day's business in bonds was also very large, but It did not reach the level at tained at various times in the bull mar ket of the Spring of 1899. It must be borne In mind, also, that dealings In bonds are estimated according to the par value of the securities transferred, and the bonds which were most prominent In the day's transactions were the low grade speculative bonds, in many cases selling at less than half their par value. The demand for railroad bonds Is nevertheless a very notable feature In the current mar ket and the pressure of Investment funds into these seml-speculatlye securities had a great Influence on speculative senti ment in the stock market. The day's market divided Itself quite distinctly Into three classes. The first was comprised In the opening bulge in which the violent competitive bidding, due to the congestion of urgent buying orders over night, caused some sensational ad vances. Prices promptly ran off on profit-taking attracted by this high level, and the mar ket yielded so easily that the bear traders made a vigorous attack, causing some rather serious breaks in prices. This com prised the second cycle of the market. When the selling mood had exhausted itself, traders began to be Impressed with the character of some of the buying at the decline. When the semi-annual dividend on Reading first preferred was announced, showing an increase from V&, the previous rate, to 2 per cent, the buying again be came furiously active, and a considerable short interest was driven precipitately to cover. This comprised the final cycle, in the market. The final recovery was broken by frequent periods of realizing, which continued in some cases to the close, mak ing the tone slightly Irregular at the last, though the undertone was strong. The opening bulge was most pronounced In the steel stocks, under the influence of the growing belief in the plan to con solidate all great steel companies. This billion dollar consolidation is so stupen dous in its proportions, and offers such vast possibilities for flotation of new se curities as to dazzle the most fertile spec ulative imagination. The current belief In its accomplishment really underlay the whole speculative movement of today, al though there were other considerations which supplemented It. The most con spicuous movements in the steel stocks and the largest transactions were in Fed eral Steel and Steel" & Wire, Federal Steel rising 3 and the preferred 4. Steel & Wire rose 3, and the preferred 2. Na tional Tube was up 3 and Republic Steel preferred 4. There were considerable re actions in this group, as well as in the whole list after the opening bulge. The selling to take profits showed signs of urgency at many points, in the railroad stocks, and some of them got 2 points under last night's close. Those which have recently advanqed most strongly were weakest on the decline, Pennsylva nia, the coalers, the rangers, the South westerns, including Atchison and South ern Pacific, and Louisville, were all con spicuously heavy. Some of them remained comparatively heavy until the close, al though the late violent recovery In the Readings and St. Paul affected their re spective groups. Union Pacific yielded under the early profit-taking, but took a very prominent part in the recovery, reaching a level of 4 over yesterday. Denver & Rio Grande made a sensational advance of 5 and the preferred Z&. while other Colorado stocks were affected to a less degree on the supposition that their amalgamation is imminent. Call money again rose above the re cently current rate in the late dealings, but without effect on the bullish en thusiasm. No gold was engaged for ex port, which was not a surprise in view of the downward course of foreign inter est rates, and the general expectation that the rate of discount of the Bank of Eng land will be reduced tomorrow, to be fol lowed by like action by other foreign gov ernment banks. Wabash debentures were the feature of the bond market, rising 4ft points. Other low-priced bonds were In large demand. Total sales par value, $3,589,000. United States refunding 2s declined on the 1 last call. BONDS. U. S. 2s. ref. reg-.10& do coupon 105: N. Y. Cent. Ists..l07 Nor. Pac 3s..... 71 do 4s 105 Oregon N&v. lata. .109 do 4s 103W Oregon S. L. 6s.. .127 do con. 6s 116ft R. G. "W. Ista....l00 St. Paul con 184 St. P. C. & P. Istsll8 do 5s 120V Union Pacific 4s... 106 Wis. Cent. lsts... 89 West Shore 4.... 114 Southern Pac. 4:. 81 ao zs, reg 11 do coupon 110V4 do new 4s. re.. 137i. do coupon .....137 do old 4s, rejr... 119 uu coupon .....115' do 5s. ree lioi do coupon 110 Vj Dlst. Col. 3-65s.. 23 Atchison adJ. 4s.. D3U C & N.W. con. 7sl39yj ao o. t aets. sslSi D. & R. G. 4S...103V4 ueai fiiecinc OS..1UU STOCKS. The total sales of stocks today were 1,004,200 eh&res. The closing quotations were! Atchlsott 54 Wheeling & L. B.. 13J4 do pref 88 do 2d pref 31& Baltimore &. Ohio. 93 (wis. Central ..... 17 Canadian Pac. .. 91 P. C C. & St. L. 59 Can. Southern ... B8V, Third-Ave 122 Ches. & Ohio.... 41 IB. & O. pref 87V4 Chicago G. W. 2oiNatlonal Tube.... 68 C., B. & Q 14 do pref 104ft EXPRESS CO.'S. C I. & X, 29 do pref 68k C. & E. Illinois.. 93 Chicago & N. W.174 C, R. I. & Pac.176 C C, a & St. L. 77 Colo. Southern... 8 do 1st pref..... 43 do 2d pref...... 17 Del. & Hudson... 152 Del.. Iack. & W.1964 d. n. a, . , jnst Adams .....165 American ........ llw United States .... 55 Wells-Fargo 138 MISCELLANEOUS. Amer. Cotton Oil. 30 do pref 88 Amer. Malting ... 4 do pref ......... 24 Amer. S. & R.... 01 do pref ......... 99 Amer. Spirits .... 2 do pref .........17 Arner. Steel Hoop. 32 do pref 77 Amer. 8leel & W. 01 do prof 93 Amer. Tin Plate.. 60 do pref 91 Amer. Tobacco . .117 do pref .........140 Anaconda Mln. Co. 43 Brooklyn R. T.... 79 Colo. Fuel & I.... 50 Con. Tobacco 46 do pref 95 Federal Steel .... 64 do pref 81 Gen. Electric 192 do pref ........ 88 r.rie ............. 3U do 1st pref..... Gl Great Nor. pref.. 103 Rocking Coat .... 16 Hocking Valley... 48 Illinois Central. ..130-, Iowa Central 26V, do pref 54j U. ,. & west.... 44 do pref ........112 Lake Shore .....220 L. & N 93 Manhattan E1....110V4 Met. St. Ry.....l& Minn. & St. Jj.... Ti do pref 107 Mo. Pacific 91 Mobile &. Ohio... 69 Glucose Sugar do pref ..... Int. Paper ... do pref Laclede Gas . 50 M., K. & T 22 do pref 59?g . 00 . 73 . 39 . 03 N. J. central.... 152 N. Y. Central.... 145 rsorroiK & west do pref Nor. Pacific ... 45Nat. Biscuit . S4 i do preL 85' Nat. Lead ....... 18 do pref 881 Ontario & West.. 34 O. R. & N 46 do pref ........ 56 Pennsylvania ....149 do pref ......... S9 Nat. Steel 48 do pref 3 N. Y. Air Brake.. 160 North. Amer 20 Pacific Coast 54 do 1st pref 87 do 2d pref 63 Pacific Mall 44 People's Gas 101 Pressed Steel Car. 39 do pref 76 Pullman Pal. Car. 109 Standard R. & T.. 3 Sugar 137 Reading 34 do 1st pref 76T4 do 2d pref...... 45 R. G. West 72 do pref ........ 93 St. L. & S. F.... 33 do 1st pref 81 do 2d pref 00 St. Louis S. W... 2GV4 do pref f5-h St. Paul ...15J do nref liu do pref ........ iui St. Paul & O 128 Tenn. Coal & I... 60 U. S. Leather 13 do pref 7H U. S. Rubber 19 Southern Pac 47 Southern Ry 24 do prer 77fc do nref w Texas & Pacific. 30 Western Union Union Pacific 91Amal. Copper . do pref 87 IRep. I. & S.... Wabash 15i do pref do pref 31l S3 90 16 62 Nevr York Stocks. These quotations are furnished by R. W. McKinnon & Co: 5 a S DESCRIPTION. g 3 f Ana. Cop. M. Co 44 44 13 43 Amal. Copper Co 90 91 90 90 Atchison, common .... 54 55 63 64 Atchison, preferred .... S9 S9 8S 88 Am. Tobacco, common. 117 118 117 117 Am. Sugar, common.... 137 138 136 137 Am. S. &W., common.. 50 52 60 51 Am. S. & W. pref 93" 95 92 9-1 Am. S. Hoop, com.... 31 32 31 32 Am. S. Hoop, pfd 76 77 fe76 76 Am. Tin-Plate, com.... 00 60n0 G0 Am. Tin-Plate, pfd 91 Bait. & Ohio, com 93 93 91 93 Bait. & Ohio, pfd 87 87 86 87' Brook. R. T 79 80 78 79 Chi., I. & L., com 29 29 29 29 Cm., I. & L. pfd 66 68 68 68 Chi., B. & Q 14714!s 147 147 Chicago & N. W., com.. 174 1175 174 174 Chi., M. & St. P. com. 152154 151 153 Chi., R. I. & P 128 128 126 126 N. J. Central 152 153 152 152 Chesapeake & Ohio 40 41 40 41 Canada Southern 58 58 58 58 Colo. Fuel & I., com.. 50 51 49 50 Continental Tobacco.... 46 47 46 46 Delaware & Hudson.... 154 154 153 152 Del., L. & Western 196 D. & R. G.. common.... 3S 40 38 40 D. & R. G., pfd 87 89 87 88 Erie, common 29 30 28 30 Erie, 1st pfd 66 68 66 67 Federal Steel, com 52 54 51 54 Federal Steel, pfd 79 82 V9 81 Illinois Central 130 131 120 130 Louis. & Nashville 93 93 92 93 Metropolitan T. Co 164 165 163 163 Manhattan Elevated... 120 120 118 119 Mexican Central : 16 16 16 16 Missouri Pacific 92 92 90 91 Mobile & Ohio 70 70 70 70 Mo., Kan. & T.. com.... 22 22 21 22 Mo., Kan. & T. pfd.... 59 60 59 59, New York Central 146 146 143 145 Norfolk & West., com.. 46 46 45 45 Norfolk & West., pfd.. 84 84 84 84 Northern Pacific, com.. 84 -86 S3 85 Northern Pacific pfd.... 81 88 87 88 National Steel, com.... 48 49 18 48 National Steel, pfd.... 94 95 94 94 North American 20 20 20 20 Ontario & Western .... 33 34 33 34 O. R. & N., com 42 O. R. & N., pfd 76 Pennsylvania Railway. 152 152 149 149 People'e G., C. & L. Co. 102 103 101 101 Pressed S. Car, com.... 39 39 39 39 Pressed S. Car. pfd 76 Pullman Company 198 Pacific Mail S. Co 44 44 44 44 Reading, com 33 34 33 34 Reading 2ds pfd 44 45 43 45 Reading lsts, pfd "74 77 73 76 Southern Ry.. com 24 24 23 24 Southern Ry.. pfd 77 77 76 77 Southern' Pacific 48 48 46 -30 Texas & Pacific 30 30 30 30 Tennesee Coal & Iron.. 66 67 66 66 Union Pacific, -com 91 95 91 93 Union Pacific, pfd 86 87 85 87 U. S. Leather, com.... 13 13 13 13 U. S. Leather, pfd 75 75 75 75 U. S. Rubber, com 20 20 19 19 U. S. Rubber, pfd 60 Western Union Tel 85 86 85 85 Wabash, com 14 15 14 15 Wabash, pfd 31 32 30 31 Money, Exchange, Etc. RAN "FRANCISCO. Feb. 6. Sterling on London-Sixty days, $4 85; sight, $4 89. Mexican dollars, 50g5lc. Drafts Sight, 17c; telegraph, 22c. NEW YORK, Feb. C Money on call, 2 3 per cent; last loans, 2 per cent; prime mercantile paper. 34 per cent; sterling exchange, easier, with actual business In bankers' bills at $4 8S4 8S demand, and at $4 844 84 for 60 days; posted rates, $4 854 S5& and $4 89; commercial bills, $4 844 84; silver certificates, 613c; Mexican dollars, 47c. Bonds Government, weak; state, Inac tive; railroad, strong. LONDON, Feb. 6. Money, 33& per cent; consols, 9697d. Foreign Financial News. NEW YORK, Feb. 6. The Commercial Advertiser's London financial cablegram saysi All business In the stock market here today centered in Americans, which were buoyant and brisk throughout the ses sion. Denver & Rio Grandes , took the lead on two large orders, the source of which could not be traced, but the stock kept to the front and held that position strongly all day. There was some talk of the line deriving benefits from the Union-Southern Pacific deal. New York sent over early orders and was a stronger buyer, especially In the-bonds of the Wa bash Company, about which there was some vague talk of pending consolidation. Berlin continued to buy Canadian Pacific shares, although It was not yet expected that the dividend will be Increased. South ern Pacific stocks seemed Inclined to hang fire. The bank bought 15,000 gold In bars. The money market was about steady, call loan rates remaining 3 per cent. Stocks in London. LONDON, Feb. 6. Atchison, 56; Can adian Pacific, 94; Union Pacific preferred, 87; Northern Pacific preferred, 89; Grand Trunk, 7; Anaconda, 86. THE GRAIN MARKETS. SAN FRANCISc67Feb. 6.-Wheat fun tures steady; spot wheat weak. Barley Inactive on call and weak In spot market. Oats firm Spot quotations were: Wheat Shipping No. 1, 97c; choice, 97c; milling, $1 011 05. Barley Feed, 7275c; brewing, 80 S2c Oats Black for seed, $1 22i 80; red, $1250145. Call board sales: Wheat-Steady; May, $1 03; cash, 95c. Barley No sales. Corn Large, yellow? $1 12&1 15. Chicago Grain and Produce. CHICAGO, Feb. 6. The opening in the Wheat market was not cheerful. In the way of news there was nothing of mo ment, save the fact that Liverpool had declined agreeably to the example on this eide yesterday. Outside interest was still undeveloped. This left the generally bear ish crowd to furnish a demand, and they were in nowise inclined to do this. The liberality of offerings from commisslon houses and individual longs resulted In heaviness early. May wheat which opened c lower, at 7474c, grad ually worked off to 74c. The demand, such as It was, came almost entirely from Bhorta, who took the opportunity to se cure Profit B. At thp snmn time hnwww some of them put out other lines, on the belief of still lower figures for the cereal. Two recognized bulls bought moderately, even when the world's visible Increase announcement had caused greater bear ish confidence among their neighbors In the pit. Their buying had much to do in steadying the market at 74c. It made the crowd nervous. Attention was called to the statement of an Antwerp correspondent that Europe was dependent on this country for the best part of its imported wheat, and that the llfelessness of Continental markets could be removed by encouragement from this side. As if in confirmation of these assertions, exporters at the decline began reporting foreign engagements, which, be fore the end of the session, aggregated 96 loads. Shorts, already nervous, betook themselves to protect their operations made earlier, and May rallied to 74c, closing firm and unchanged at that fig ure. Corn encountered moderate activity within a narrow range of prices. May closed c lower, at 38c. Oats were quiet, but firm. May closed c lower, at 25c. Business in the provision pit was dull, and the atmosphere of the market heavy until just before the close, when prices rallied on a few buying orders. May pork closed 5c higher, lard a shade up and ribs 25c Improved. The leading futures ranged as follows: WHEAT. . Opening Highest Lowest. Close. February $0 72 $0 72 $0 72 $0 72 March 73(5 737i 72 73$ May 74 74 74$ 74 CORN. February 37 37 30 36 March 37 37 37 37 May 39 30 38 38 OATS. February 24 24 24 24 May 25 25 25 25 MESS PORK. February 13 80 May 13 95 14 00 13 90 14 00 LARD. February 7 40 March 7 42 7 42 7 42 7 42 May 7 45 7 50 7 45 7 50 SHORT RIBS. February 0 90 May 6 05 7 02 6 95 7 02 Cash quotations were as follows: Flour Dull. Wheat No. 3 Spring, 6572c; No 2 red, 7475c. Corn No. 2, 3737c; No. 2 yellow, 3737c. Oats-No. 2, 2525; No. 2 white, 27 27c; No. 3 white, 2727c. Rye No. 2, 5051c. . Barley Good feeding, 4146c; fair to choice malting, 49g5Sc. Flaxseed No. 1, $1 65; No. 1 North western, $1 65. Timothy seed Prime, $4 60. Mess pork Per barrel, $13 8013 85. Lard Per 100 pounds, $7 377 45. Short ribs sides Loose, $6 857 10. Dry-salted shoulders Boxed, 6Jj6c. Short clear sides Boxed, $7 15(Ji7 25. Clover Contract grade, $11 2511 40. On the Produce Exchange today the but ter market was firm; creamery, 1421c; dairy, 1218c. Cheese, dull, 10llc. Eggs, firm; fresh, 18c. Receipts. Shlpm'ts. Flour, barrels 64,000 35,000 Wheat, bushels 44.000 80,000 Corn, bushels 252,000 107.000 Oats, bushels 320,000 175,000 Rye. bushels 13,000 14,000 Barley, bushels 54,000 38,000 New Yorlc Grain and Produce. NEW YORK, Feb. 6. Flour Receipts, 13,355 barrels; exports, 3063 barrels; mar ket quiet. Wheat Receipts, 53,100 bushels; exports, 16,000 bushels; spot, steady; No. 2 red, 80c f. o. b.; 77c, elevator. Options opened easy and later were weak under liquidation. On the decline exporters bought freely, and the market closed at c net decline. March closed 79c; May. 79c; July, 79c. Wool Steady. Hops Steady. European Grain Markets. LONDON, Feb. 6. Wheat cargoes on passage, quiet and 'steady; cargoes Walla Walla, 29s. English country, markets, partly 6d cheaper. LIVERPOOL, Feb. 6. Wheat and flour In Paris firm; French country markets, quiet but steady. Wheat Firm; No. 1 California, 6s 3d; No. 2 red Western Winter, Gs d; No. 1 Northern Spring, 6s 4d. Futures easy; March, 5s lld; May, 6s d. Corn Spot quiet; American mixed new, 3s lod; do old, 3s lld. Futures easy; Feb ruary, 3s 9d; March, 3s 9d; May, 3s 9d. Available Grain Supplies. NEW YORK, Feb. 6. Special cable and telegraphic communications to Brad street's show the following changes In available supplies compared with the pre vious account: Wheat, United States and Canada, east of Rockies, decrease, 1,084,000 bushels. Afloat for and in Europe, increase, 2,700, 000 bushels. Total supply, increase, 1,616,000 bushels. Corn, United States and Canada, east of Rockies, increase, 1,060,000 bushels. Oats, United States and Canada, east of Rockies, decrease, 387,000 bushels. The combined stock of wheat at Port land, Or., Tacoma and Seattle, Wash., in creased 94,000 bushels last week. Chicago Grain Gossip. F. G. Logan's grain letter to R. W. McKinnon & Co. says: Liverpool was c lower. Antwerp un changed. Bradstreet's makes the world's Increase 1,000,000, against a decrease of 500,000 bushels last year. The bullish fea ture of the day was a falling off in the Northwest movement, which brings pri mary receipts slightly below last year. We still think that by comparison with last year from this time on the primary movement will tend to be bullish. "Very little export business has transpired so far. although New York wired 96 loads taken there. The market is dull, and still tends to drag. BOSTON WOOL MARKET. Continued Improvement, but at the Expense of Prices. BOoTON, Feb. 6. The American Cotton and Wool Reporter will say tomorrow: There is a continued Improvement In wool, but it has been at the expense of prices, which have been weak and lower, except on a very few grades, such as washed delaines and quarter-blood comb ings. Some houses are willing to sell at lower prices than others, so that the mar ket is to a. considerable extent an irreg ular and uneven one, but it is possible to buy nearly all grades of wool now at material concessions from the prices rul ing a month ago, and each week sees Downing, Hopkins & Co. WHEAT AND STOCK BROKERS Room 49 Ground Floor BOTH TKLKPHOXE3 some shading in values, especially on low territories. Foreign wools also, tinder the Influence of the depression existing abroad and the disappointing course or the London sales, are weak, and a con slderable amount of speculative wool car ried over from 1897 Is reported to have been disposed In this market In the past week or 10 days at a material concession in price. The course of the goods market thus far has been a slow one. The pres ent volume of orders Is unsatisfactory In size, but It is considered a healthy one as the clothing trade are pursuing a very conservative course and such orders as they have given are ont likely to be can celled. Taken altogether the situation 13 unsatisfactory, although it-Is gratifying to know that a basis has at length been reached in which manufacturers are wil ling to operate, when they need wool, but there Is little satisfaction for the wool mercnants In doing business on the level of today's market. The sales for the week in Boston amount to 3,114,340 pounds domestic and 825.000 pounds foreign, making a total of 3,939,400 pounds against a total of 3,46,000 for the previous week and a total of 3,812, 000 for the corresponding week last year. The sales since January 1 amount to 13, 514,400 pounds, against 21.421.600 pounds for the corresponding time iasi year. SAN FRANCISCO MARKETS. SAN FRANCISCO, Feb. 6. Wool Spring Nevada. ll13c; Eastern Oregon, 1014c; Valley Oregon, 1517c. Fall Moun o inmHa offiiOc- San Joaauln Plains, 6 7c; Humboldt and Mendocino, 1012c. Hops-Crop of 1900, lsxtpzoc Bran $1516 per ton; middlings, $1T so 20 50. J Hay Wheat, $913 50; wheat and oats, $912 50; best barley, $"9 50; alfalfa, $7S 10; compressed wheat. $913 per ton; straw, 3547c per bale. Potatoes River Burbanks, 3560c; Sa linas Burbanks, 75$1 05; Oregon Bur banks, 6570c; Early Rose, 6075c; sweets, 50c$l. Onions $1 702. Vegetables Green peas, 57c; string beans, 1015c per pound; asparagus, 25 35c. Bananas-50c(SJl 75 per bunch. Citrus fruit Mexican limes, $55 50; common California lemons, 50c; choice, S.1: nnvel oramres. 75c$2 per box; pine apples, $2 503 per dozen. Poultry Turkeys, goDDiers, ivxxu; uy hens, ll12c per pound; old roosters, $3 50 IZtL nop rlnTOtl- TrniinCT rnOSterS. 14 505: fTy- ers, $45; hens, $3 504 50 per dozen; small broilers $3g3 so; large ao, w, um ducks, $45; geese, $1 752 per pair. Green fruit Apples, choice, $1 25 per box; common, 30c per box. Butter Fancy creamery, 21c; seconds, 17c; fancy dairy, 19c; do seconds, 14c. Cheese California, full cream. llc; Young America, 12c; Eastern, 1516c. Eggs-elected, 22c; ranch, 23c; Eastern, 20c. Receipts Flour, quarter sacks, 22,365; wheat, centals, 900; barley, centals, 9700; beans, sacks, 1216; potatoes, sacks, 2900; bran, sacks, 1400; hay, tons, 100; hides, 250. EASTERN LIVESTOCK. CHICAGO, Feb. 6. Cattle Receipts, 20, 000, including 500 Texans. Steers, weak to 10c lower. Butchers' stock, steady to shade lower. Texans, steady; good to prime steers, $56; poor to medium, $3 40 4 90; stockers and feeders, weak to shade lower, $2 504 50; cows, $2 554 15; heifers, $2 604 50; canners, weak to 10c lower,. $1 902 50; bulls, $2754 25; calves, $46 15; Texas fed steers, $44 80; Texas gras3 steers. $3 303 90; Texas bulls, $2 503 50. Hogs Receipts today, 43,000; tomorrow, 30,000; left over, 4000. Active, 5c lower; top, $5 35; mixed and butchers', $5 105 30; good to choice heavy, ?5 105 20; light, $5 105 27; bulk, $5 205 25. Sheep Receipts, 16,000; slow, closing steady for choice sheep. Lambs, weak to 10c lower. Good to choice wethers, $3 80 4 30; fair to choice mixed, $3 303 90; Western sheep, $3 754 25; Texas sheep, $2 503 50; native lambs, $4 256 25; West ern lambs, $4 905 25. OMAHA, Feb. 6. Cattle Receipts, 3300 head; market slower to 10 cents lower; native beef steers, $4 005 40; Western steers, $3 754 60; Texas steers, $3 003 75; cows and heifers, $3 004 30; canners, $1 75 2 85; stockers and feeders, $3 254 60; calves, $4 007 00; bulls and stags, $2 50 4 00. Hogs Regelpts, 7800 head; market shade to 5 cents lower; heavy, $5 255 30; mixed, $5 175 22; light, $5 155 25; bulk of sales, $5 205 22. Sheep Receipts, 4500; market dull and lower; fair to choice natives, yearlings, $4 4034 75; fair to choice Westerns, weth ers, $4 004 50; common and choice sheep, $3 b53 85; lambs, $4 SOQS 30. KANSAS CITY, Feb. 6. Cattle Re itipts, 8S00; market, generally steady; Texas steers, $3 754 40; Texas cows, $2 50 3 50; native steers. $3 506 40; native cows and heifers, $34 50; stockers and feedsr, $3 504 75; bulls, $34 25. Hogs Receipts, 14,000; market, 510c lower; bulk of sales, $5 205 30; heavy, $5 255 30; lights, $5 105 20; pigs, $4 50 4 95. Sheep Receipts, SOOO; market, steady; lambs, $55 35; muttons, $4 254 65. The Metal Markets. NEW YORK, Feb. e.-tft was a day of small things in local metal circles gener ally today, even more so than during the past few weeks. A steadier feeling, how ever, prevailed in tin, despite weak ad vices from London, where prices were 15s lower on spot to 122 15s, but trading was heavy and dull. The close here was quiet and steady, at $26 50. Copper was without Important new feat ure, ruling dull and easy at $17 for Lake, and $16 62 for casting. Lead continues to rule dull, with trad ing of a hand-to-mouth order, at $4 37. Spelter was weak, closing at $3 974. Pig iron warrants easy, at $9 5010 50. Northern foundry, $1516 50. Bar silver, 61c. SAN FRANCISCO, Feb. 6. Bar silver, 61&c LONDON, Feb. 6. Bar silver, 281-16s. Coffee and Sugar. NEW YORK, Feb. 6. Coffee options, steady in tone, with prices unchanged to 10 points higher. Sales, 27,000 bags, including February, $5 40; March, $5 455 55; May, $5 505 65. Spot Rio, quiet; No. 7 invoice, 6c; mild, quiet, Cordova, 812c. Sugar, raw, steady; fair refining, 3c; centrifugal 96 test, 4c; refined, steady. The Cotton Market. NEW YORK, Feb. 6. The market for cotton opened steady, with prices 2 points higher to 1 point lower. The Initial fig ures proved to be the lowest of the day, as a spurt of general buying led by prin cipal shorts carried values up 5 to 7 points above yesterday's closing after there was no striking reaction. At the close the market was quiet and unsteady, with prices 35 points higher. London Wool Auctions. LONDON, Feb. 6. The offerings at the wool auction sales numbered 11,083 bales, consisting mostly of new clip stock. Merinos In fair demand. A good supply of cross-breeds was bought freely by the home trade. Cape of Good Hope and Natal offerings were In slow request. Chamber of Commerce Unpledged for Senator. Because one or more members of the Multnomah delegation to the Leg islature, elected on the Citizens ticket, aae voting for Mr. Corbctt for Sena tor, they have been charged with un faithfulness to pledges. Now the fact IS that all the canHirlnte !,-. r.tl zens ticket were specifically unpledged a iu uuiica states senator, in these words: We accept the nominations tendered us upon the "Citizens Ticket" without having expressed or having been asked our pref erence for any candidate for the United States Senate. We most solemnly avow that we are entirely unpledged for any candidate for that important position, and we each promise that we will, if elected, exercise our best judgment as to whom we will support; and. being uninfluenced by any selfish consideration, will, when the time comes, vote for such person as in our individual opinions is best fitted to rcptesent the interests of the State of Oregon in the Senate of the United States. (Signed) R. D. Inman, p. j. Mays. Andrew C. Smith. j. e. Huntl Alex Sweek, jonn Drlscoll, ' 4" sth , J- J. Shipley. & -4f0lcomb Lous H. Tarpley. D. M, Watson, G. M. Orton A- J. Knott, otto Schumann. C. W. Nottingham, M. E. Thompson, F. A. Heltkemper, J. T. Mllner. The question is for each member ox the delegation to decide whether he is voting, as he pledged himself, "for such person as in our individual opin ions is best fitted to represent the in terests of the State of Oregon in the Senate of the United States." DAILY CITY STATISTICS. Marriage Licenses. James Gulley, 28. Kate Wilson, 23. Fred Jorge, 21, Sara B. Hashberger, 20. E. Rosenthal, 20, Fannie Rogoway, 17. C. Heimal, 27, Alice Breeding. 26. August Wainholtz, 43, Zelma. Lange, 40. Birth. Returns. January 9, to the wife of Amos S. Ben son, a girl, Oak Point, Wash. January 26, to the wife of James Kos suth Gambel, a boy; corner Twelfth and Alder streets. January 30, to the wife of Thomas Da vis, a girl; 446 East Davis street. January 28, to the wife of Charles E. Drew, a girl; 145 Pennoyer street January 6, to the wife of Harry Calop, a boy, 546 Columbia street. Contagious Diseases. Master HInkle, northeast corner Six teenth and Montgomery streets; measles. T. S. Wood, Old St. Vincent's Hospital; diphtheria. Lizzie Frantier, 1B5 Baker street; meas les. Edith and Helen Woodcock, Woodlawn; measles. C. G. Powers. Saratoga House; measles. Death Returns. February 4, Katharine Schmidt, 624 Sa vler street; pulmonary tuberculosis. February 2, James Riley, 268 Front street; opium poisoning. February 3, Rasmus Rasmussen, St. Vin cent's Hospital; typhoid fever. Real Estate Transfers. Sarah A. Shattuck to Johann M. Zeig ler, part of block 13, Simon's Ad dition, city,. February 4 $500 William Gwynn and wife to Clara M. Semler, west 40 feet lot 1, block 11, McMillan's Addition, East Portland, January 31 H. H. Crossier and wife, to Arthur Crosier, lots 11 arid 12, block 3, Crosler'6 Addition, East Portland, January 24 i P. Chappelle Brown and wife to George A Thomas, lots 9 and 10, block G, Portsmouth Villa, March 9. 1897 i Louise Strube to Marie Strube, lot 2, block 105, East Portland, December 1, 1899 5 R. H. Lamson to Anthony A. Schnei der, south 40 feet lot 5, block 179, Coucn's Addition, city, February 2. 1050 Edward J. O'Dea to Sisters of the Good Shepherd of the Magdalene Home, block 20. Sullivan's Addition. East Portland, February 4 1 Maria Sullivan to Sisters of Good Shepherd of the Magdalene Home, block 20, Sullivan's Addition, East Portland, February 4 l Maria Suilivan to Roman Catholic archbishop of the diocese of Ore gon, block 15, Sullivan's Addition, East Portland, February 4 1 S. D. Peters and wife to C. C. Gart zen, south 29 feet fractional lot 5, block 45, Sunnyside, February 1 850 m Divorce for Mrs. MacDovrell. NEW YORK, Feb. 6. Justice Lawrence, In the Supreme Court today, signed a de cree of divorce brought by Mrs. Wllhel mlna Marie MacDowell against William Melbourne MacDowell, the actor and former husband of Fanny Davenport. The papers In the case were not made public and the name of the co-respondent is not known. By the terms of the decree, Mr. MacDowell Is forbidden to marry again during the life of the plaintiff. Prompt relief in sick headache, dizzi ness, nausea, constipation, pain In tho side, guaranteed to those using Carter's Little Liver Pills. !! R. W. c & Co. MEMBERS OF CHICAGO BOARD OF TRADE 8 and 9 Chamber of Commerce We are connected, through the firm of F. G. Logan, Chicago, with the following New York houses, who are members of the New York Stock Exchange: Ladenburg, Thalman & Co. Walker Brothers Dick Brothers J. S. Bache & Co. "Write for our daily market let ters." MONTHLY DIVIDEND No. 43 For December we paid $23.25 ON EVERY ?100 On all Investments from $5 up. Write for particulars. H. GARVO BRUNNER fcjj 477-478 Parrott bldg., San Francisco, Cal. , ' - aas-fcJ'ljJL .