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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 17, 1901)
THE MORNING OREGONIAN, TUESDAY, DECEMBER 17, 1901.
The regular Monday statistics were unusually
bearish yesterday, and the wheat markets suf
fered In consequence. Aside from this unpleas
ant feature of the trade situation, there was
sot much of interest in the wholesale district
yesterday. The receding of the wave of
strength which held the poultry market up last
week left a considerable quantity of stock
"beached." and as a result the market started
oft rather weak, with liberal ctocks on hand
end but few buyers. It is yet too early for
the Christmas trade, and the regular demand Is
now of very small proportions. Oregon eggs
came in more plentifully yesterday, and while
there was a slight weakness no changes were
-Ade in prices. Veal was scarce and a shade
.&!-.. and pork was plentiful and weak. Po
tatoes wore holding their own under lighter
Grain. Klour, Etc.
The local wheat market yesterday was sick In
sympathy with other markets, and no business
was reported. The farmer seems to have an
abiding faith In better prices, and Is not selling
eo freely on the "dips" as he was earlier in
the season. Some exporters had their quota
tions down as low as SSHc, but 5i)c was the
ruling ligure for Walla Walla, with a possibil
ity of this ngure being "sprung" a little if any
business could be done. Freights were in the
same position as wheat, to far as activity wa3
concerned. There has been an advance in Han
Francisco, and owners apparently feel that
the proper thing to do under the circumstances
Is to try and squeeze another shilling or two
out of the Portland exporters. The latter think
differently, and there is, accordingly, nothing
"Wheat "Walla Walla, OSgOO&c; bluestem,
Wc; Valley. 53c
Barley Feed. $1717 30; brewing. ?17 OOJMS
Oats Xo. 1 whtte, $11 10.
Flour Best grades. $2 70&3 30 per barrel:
graham. $2 00.
MillstuCs Bran. $17 per ton; middlings.
$20: shorts. ?18; chop. $17.
Hay Timothy. ?11&12; clover. $77 30; Ore
gon wild hay. &&G per ton.
3Icats and Provisions.
Mutton Lambs, 3iiS'3,.tc. gross; dressed, Oc
per pound: sheep, wethers. 33!ic, groan;
dressed, 6g0c per pound; ewos. 31i31sc
gross; dressed. CSGHc per pound.
Hogs Gross, r.ifec: dressed, G&Olsc per pound.
Veal SQUc per pound.
Btcf Groan, cows, 3c; steers, 3l34c;
dressed, oiplc per j.ound.
Hams, bacon, etc Portland pack (Shield
brand) hams, 12?J13r4c; picnic, 9?c per
pound; breakfast bacon, 15VtlCVic per pound:
bacon 14c per pound; backs 12c per pound:
dry-salted bides, lie per pound; dried beef,
setts, lCc; K.-.ucklcs. 18c per pound; Eastern
pack, hams, large, 12?ic; medium, 13c: small,
lofec; picnic, a?c: shoulders, 05ic; breakfaat
bacon. 14ir'4c, dry-alted sides, lliic; bacon,
sides, 12,4c: hacks, unamoked. HUc: smoked,
12iic; butts, 0li104c per pound: dried notr.
15U174c rsr pound; dry-salted bellies. 11UW
12ViC bacon bullies. 12U13Vic per pound.
Lard Portland (Shield brand). 5s, 13c; 10s.
12"4,c; 50s. 12ic; tierces, 12Uc; Eastern, pur.s
leaf, kettle rendered, 5s, 12c; lUs. 12c: 30s,
Potatoes and Onion.
Potatoes Best Burbanks, 83&D0c per cental;
ordinary, G5&75e per cental, growers' prices.
Onions $1 301 75 per cental, growers' prlcss.
Groceries, Nuts, Etc.
Coffee Mocha, 23Q28c; Java, fancy, 20ffC2c;
Java, good. 20Q24c; Java, ordinary, lS4f20c;
Costa Rica, fancy. 18&20c: Costa Rica, good,
lCjjlSc; Cobta Rica, ordinary. lo12c per
pound; Columbia roast, $11 30; Arbuckle'u.
$12 03 libt; Lion, $12 13 list; Cordova, $12 C3
Rice Imperial Japan No. 1, 5?ic: No. 2, 314c;
New Orleans, 57c
Sugar Cube. $5 30; crushed, $5 50; powdered,
$3 10; dry granulated. $5 23; extra C, $5 25;
golden C, $4 (J3 net per back; beet sugar. $.1 13
per tack; half barrels. Vic more than barrel;
ta-Lb, 10c perJOO lep than barrels; .jnaplt!,
lb&lUc per pound.
Honey. 12k&15c per pound.
Salmon Columbia Itlver, one-pound tails.
$1 85; two-pound tails. $3; fancy one-pound
flats. $2; " one-half pound fancy Hats, $1 23;
Alaska tails. l)3c. two-pound tails, 52.
Grain bogs Calcutta, $S 2b per 100 for spot.
Nub. Peanuts. C'-7e per pound for raw. 8
bc for roasted, cocoanuts. S3 ft 00c per dozen:
walnuts. lllHic per pound, pme nuts. 100
12kc: hickory nuts. 7c; chestnuts. $1 5CSJ5 per
drum: Brazil nuts. 7c; Alberts. NJfMVjc;
fancy pecans, 1414V4c; almonds., 15016c p.r
Coal oil Cones, 20c per gallon; barrels,
lCc; tanks, 14c
Stock salt 50s $10 73: 100s. $10 23: granu
lated, 50s. $28: Liverpool. 00s. $23; 100s.
$27 50; 200s. $27.
Butter, Essrs. Poultry. Etc.
Butter Creamery. 252G&c; dairy, 18CT20c;
store, 12&& 15c
Eggs 20622Vc for cold storage; 225125c for
Eastern, 2Sfc30c for fresh Oregon.
Poultry Chickens, mixed, $2 5003 50; hens.
44 75; lOgllc per pound; Springs. lOftllc per
pound. $2 5o?3 50 per dozen; ducks, $5$j5 5u for
young; geese. $6 5067 00 per dozen; turkeys,
live, 12&13c: 12lj15c dressed per pound.
Cheese Full cream, twins, 13S13VSc; Young
America, 14615c; factory prices. l&lic less.
Vegetables, Fruits, Etc.
Tomatoes, $ll 23; turnips, C573c; carrots,
65S75c; beets, fcutfjSMJc per sack; pumpkins, $1B
1 25; squashes, $1&1 23 per 100 pounds; cauli
flower, 7583c per cental; green peppers, 5c p;r
Xound; celery, 75c per dozen; sweet potatoes,
$1 50 per cental.
Green fruit Lemons, $2 50Q3 50; oranges, $3
3 25 per box; bananas, $2 23J3; pineapples, $5
per dozen; grapes. $1 SOffl CO per crate; aprles.
O0c&$l 50; cranberries, 10c per pound.
Dried fn.lt Apples, evaporatec, 7gSc per
pound; sun-dried, sacks or boxes, 45c; apri
cots. llVS12c; peaches. 8gllc; pears, C⪼
prunes, Italian, 3JT4c; silver, extra choice,
OQCc; Frenrh. l&$3&c; llgs, allfornla blacks.
2kUic; do white, oc; plums, pltless, white, 6c
Hon.: "Wool, Hides, Etc.
Hops 6pl0c per pound.
Wool Nominal; Valley. HQ14c; Eastern,
Oregon. bSjl2&c; mohair, 21i21Vsc per pound.
Sheepskins Shearings, 15&20c; short wool,
25&35c; xnt-dium-wool, 3utfCUc; long-wool, CUcyi
Tallow Prime, per pound, 44V5c; No. 2 and
Hides Dry hides. No. 1, 1G pounds and up.
15&15&C per pound; dry kip. No. 1, 5 to 15
pounds. 15c: do call. No. 1, under 3 pounds,
lCc; dry-baited, bulls and stags, one-third leas
than dry flint; salted hides, steers, sound. GO
pounds and over, 8&l)c: 50 to GO pounds. 7Vs3
Sc; under 50 pounds, and cows, 7c; stags and
bulls, sound. 55&c: kip, sound, 15&30 pound.
7c, veal, sound, 10 to 14 pounds, 7c; calf,
sound, under 10 pounds, 8c; green (unsaltod),
lc per pound less; culls lo per pound Ie?s;
horse hides, salted, each $1 50(2; dry, each,
$1Q1 50; colts' hides, each. 25f50c; goat
skins, common, each, 1015c; Angora, with
wool on, each, 25c3$L
Pelts Bear skins, as to size. No. 1, each.
$5Q2u; cubs, $2&5; badger, each, lOOc; wlld---at,
2530c; houao cat. .VJjlOc; fox, common
gray, each, C050c; do red, each. $1 50&2;
do cross, each, $3)15; do silver and LlacK.
each. $10C200; fishers, eacn, $59C; lynx,
each, ?23; mink, strictly rco. 1. each. 30ctf
$1 23; marten, daik Nortnetn. $G12: marten,
pale, pine, according to size and color, $1 50U
3; muskrats large, each. 5firl0c; skunk, ach
25U?35c: civet or pole cat, each. 5fl0c; otter,
for large prime skins, each. $57; panther,
with head and ciaws perfect, each, $-3;
raccoon, for large prime, each, 3035c; wolf,
mountain. wth head perfect, each, $3 0035;
wolf, prairie (coyote), with head perfect, each,
40CG0c; wolf, prairie (coyote), without head,
each, SOS30c; wolverine, each, $4(37; beaver,
per skin, large, $3ffG; do medium. $3JJ: do
small. $101 50; do kits. 00075c
XEW YORK STOCK MARKET.
Bulls Hesitated About XaUInrc Any
Movement for an Advance.
NEW TORK. Dec 10. There was no renewal
of consequence of the pressure of liquidation in
the stock market today, but there was mani
fest hesitation about undertaking any opera
tions for an advance. A handful of stocks
were advanced by professional operators In a
seeming attempt to Induce a following and to
Influence the general market. The evidently
ctslcr condition of the money market encour
aged this movement, but the fear of a recur
rence of stringency and the unsettling In
fluence of the renewed weakness in Amalga
mated Copper discouraged Its extension. Amal
gamated Copper started downwards from the
opening, momentarily dropping to H above last
week's closing. It gravitated for the rest of
the day, v-lth only elight rallies, to the lowest
point, Cl, where It closed. The fluctuations
in the stock were not violent, and traders
described its action as a fall of Its own weight,
without any apparent artificial pressure. The
net loss Is 3. It is taken for granted that
the renewed decline foreshadows a reduction In
the dividend on Thursday, as the disbursement
of dividends by a subsidiary company Is tied
up by injunction. The rate of dividend Is ex
pected by speculators at all the way from 1 per
cent quarterly down to passing it entirely.
Fears are professed, also, that the cut in the
selling price of raw copper made last week Is a
preliminary to further cuts and to a war of
rates. It was worthy of remark that In Lon
don the price of futures closed higher than for
spot, for the first time since the first week In
j The prnFpect of the unsettling influence of
mystery and uncertainty over the Amalga
mated dividend rate until Its actual declara
tion was sufficient in Itself to discourage activ
ity in the general market, as the strength of
the Saturday bank statement Is entirely dua
to the speculative liquidation which took pia;e
last week. To expand immediately the loan
account of the banks would threaten. It Is
feared, a recurrence of stringent money. Ru
roors of dangers narrowly averted last week
helped to prevent imprudence. Last week's
! loan contraction was well distributed among
j the banks, showing clearly that no large syn
J dlcate transactions was accountable for it. The
condition of the world's money markets was
easier all around today. The only stocks whose
strength waa conspicuous were New York Cen
tral. Manhattan, St. Louis and San Francisco,
the Iowa Centrals and Colorado Fuel.- Their
gains wrc all curtailed In sympathy with the
late weakness in Amalgamated Copper. The
changes generally are narrow.
The bond market was dull and Irregular. To
tal sales, par value, $1,735,000.
United States refunding 2s advanced H. and
the 3s, coupon, k per cent on the last call.
CIoMnir Stoclc Quotation.
Baltimore & Ohio
Chesapeake & Ohio....
Chicago & Alton
Chi., lnd. &. Lojisville
Chicago & East. Ill
1. wo 101
lOO-. llAI 3
6U7 laVi. A.-5
40 I 45l.il 454
3351 WJi 3J1,
77U' 77 1 74
Chicago & Gr. Western
do A pld
do B pfd
Chicago & N. W
Chi.. It. I & Pac
Chi. Term, ic Transfer.
C. C. C. & St. Louis..
Colorado Southern ....
do 1st pfd ,v
do 2d pfd
Delaware & Hudson...
Del.. Lack. & West....
Denver & Rio Grande..
do 1st pfd
do 2d pfd
Crat Northern pfd
Lake Erie & Vc6tcrn..
Louisville & Nariivllle.
Manhattan Elevated ...
Met. Street Railway...
Minn. & St. Louis
Mo.. Kamas & Texas...
New Jersey Central....
New York Contral
Norfolk & Western
Northern Pacific pfd...
Ontario & Western
do 1st pfd....
do 2d pffl
St. Louis A San Fran..
do lst'pM !
do 2d pfd ::....
St. Louis S. W :
Texas & Pacific
I I I 13'4
200) 20 23 20ii
100 o:uj u7,ti JU-.J
000 13! Lhs W
10'J 5tlvl 50V.I 50
100. 25, 254 25
43 43 j 42?;
JiVt 03 Ovt
71 70'i; 704
53U 34-,i 543
lR3til 1821. 162
1,200 03i 2-ii 02
1.2U0 Sl-j &!,: M
22i U5U 22fc
13J,I l4 l-s
25UI '-io',i 23
50-ii 514 '
55: 34! 53
Jlfci DV 31
33t; S2:j,j 32-
147. 14il 140V3
-0Vi 71Wl 7a,i
57i 5il 07
54V4 52, 01
I I 70
7P 71 1 71H
27' 27 27
I I 07i
07 1 37-)t
Toledo. St. Louis & W.
"U heeling & Lake Erie.
do 2d prd
Wisconsin Central ....
do pfd ,
Amalgamated Copper ..
Amer. Car & Foundry.
American Llru-ocd Oil.
Amer. Smelt. & Rcnn.
Anaconda Mining Co..
43'-.. 1 4U'-i
Brooklyn Rapid Transit
Colorado Fuel & Iron...
Cont. Tobacco pfd
International Paper ."..
International Power ...
Pressed Steel Car
Pullman Palace Car...
do pfd (ex dlv.)
Tennessee Coal & Iron..
United States Leather..
do pfd (ex dlv.)
United States Rubber
United States Steel....
American Locomotive ..
Total sales for the day. 505,000 shares.
U. S. 2s. ref. rcg.lOSS Atchison adj. 4s...
do coupon IOTMjIC. & N.W. cun. 7s
do 3s. rcg lOSV.lD. & R. G. 4s....
do coupon 108' N. Y. Cent. IstsV
ao new s, reg..joj?i)Piorinern Pac 3s.
uo coupon .iji aos ..........
do old 4s. rcg...lll. Southern Pac 4s
ao coupon ii-. onion facmc 4s.
do 5s, reg 107Wst Shore 4s....
do coupon 107viWIs. Central 4a.
Sloney, Exchanjre, Etc.
SAN FRANCISCO. Dec 10. Sterling on Lon
donSixty days. $4 83; sight. $4 87.
Mexican dollars 17$T47c
Drafts Sirht, 2c; telegraph, 5c.
NEW TORK. Dec 10. Money on call, easier.
27 per cent; closed, bid and asked. 3
per cent; prime mercantile paper. 43 per
Sterling exchange Quiet, with actual busi
ness In bankers' bills at $4 87g?4 88 for de
mand, and at $1 S34 83 for GO days; pested
rates. $4 S34 84 and $4 874 87; commer
cial bills, $4 85 and $4 S3Q4 83.
Mexican dollars 13c
Government bonds strong; state bonds" Inact
ive; railroad bonds. Irregular.
LONDON. Dec 16. Money, 303 per cent.
Foreign Flnanlcal Xevrs.
NEW TORK, Dec 16. The Commercial Ad
vertiser's London -financial cablegram says:
There was a buoyant outburst In this stock
market today, accompanied by brisk business,
which drove the bear contingent to cover all
round. Continued successes In .South Africa
suggests that the end of tho war is In eight.
Africans are booming, and attention is diverted
from American stocks. Consols spurted .
American shares broke with copper, which
dropped to 50 per ton and closed at 50 10s.
There is a report hero that Amalgamated Cop
per officials Intend to smash Mr. Law&on. Rio
Tlntos were flat at 40-s. and Americans closed
StocU.i at London.
LONDON, Dec 10. Anaconda, 0; Atchison,
78: do preferred. 100; Canadian Pacific,
g r o
RAILROADS. " g
115; Northern Pacific 102; Southern Pacific
59; Union Pacific. 101; do preferred, 00.
Prices of Cereals at American and
SAX FRANCISCO. Dec 36. Wheat steady.
Barley quiet. Oats firm.
Wheat Shipping. $1 02; milling. $1 03.
Barley Feed, 75g76c; brewing, S2flS3c
Oats Red. $L101 30; white. $1 12S1 32;
black. $161 20.
Call board sales:
What Steady; December, $1 01 bid; May,
$1 05 tld; cash. $1 02.
Barley No sales.
Corn Large yellow, f 1 25ffl SO.
Chicago Grain and Provisions.
CHICAGO, Dec 10. Wheat had a number of
bullish Influences at the opening. Cables wcic
unexpectedly firm, marked decreases in world's
shipments and breadstuffs on passage were re
ported, and outside markets early showed a
blight advance This started May c high
er, at 80c to 80c Shorts covered freely and
held prices here firm for a time, but offerings
were liberal on the heavy visible supply In
crease, and prices later slipped away. May de
clined to 70c and closed weak, c lower, at
Corn started firm, but prices sagged In sm
pathy with the late wheat weakness. Business
was dull. May closed weak, ic down, at GG
Oats followed corn. May closed c lower, at
Provisions were very dull and weak In sym
pathy with grain. May pork closed 10c down,
lard 2c off. and ribs 2c lower.
The leading futures ranged as follows:
Opening. Highest. Lowest. Closing.
10 30 16 30
16 90 16 92
9 S5 9 87
9 00 9 92
8 45 8 45
8 02 8 63
Cash quotations were as follows:
Flour Barely steady.
Wheat No. 3 Spring, 737Gc; No.
Oats No. 2. 464Gc; No. 2 white.
48c; No. 3 white. 47g4Sy,c
Rye No. 2. 61c
Barley Fair to choice malting, 5C62c
Flaxseed No. 1, $1 48; No. 1 Northwestern,
Timothy fed Prime. $0 50.
Mf.s pork $15 30013 40 per bbl.
Lard $0 SOtffl 83 per cwt.
Short ribs sides Looe. $S 33fTS 45.
Dry salted shou!drrs-$7 3707 50.
Short clear sides Boxed. $S 8oS 00.
Clover Contract grade. $9 35.
Butter Market easy; creameries; 15g24c;
Eggf Firm; fresh, 25g20c
Flour, barrels .
Corn, bushels .
oats, bushels .
Ry. bupfcels ..
.. 43,OjO 25.009
. .237.000 173.000
.. 23.W0 1.000
.. 81.000 24,000
Netv York Grain and Produce.
NEW YORK, Doc 16. Flour Receipts. 34.
300 barrels; exports, 13.197 barrels. Market
Wheat Receipts. 73.150 bushels: exports, 96,
750 busheU; spot weak: No. 2 red. 5c f. o. b.
aoflat. S3c elevator; No. 1 Northern Duluth.
Si&c f. o. b. afloat.
Options opened steady on higher cables, but
fell oft under liquidation, cloning weak at c
net decline. March closed 83c; May, S4fcc;
July. S3c; Dscomber. 2c
Coffee Spot Rio steady; No. 7 Invoice, 6c;
mild steady; Cordova, 7(mc.
Cqffee futures closed unchanged to 10 poInUi
higher and the tone steady. Total sales. 35.500
bags. Including December. $0 73; January,
$6 65; March. $C 95R7; May, $7 15; July, $7 S3;
September, $7 5007 53.
Sugar Raw steady; fair refining, 3 0-32c;
centrifugal. CO test. 3ic Molasses sugar.
31-32c Refined steady.
European Grain Markets.
LIVERPOOL. Dec. 16. Wheat, firm; wheat
and flour in Paris dull. French country mar
kets quiet and steady. Weather In England
LONDON. Dec 16. Wheat cargoes on pas
sage, buyers Independent operators; Walla Wal
la. 29s Gd; English country markets quiet and
rfady. Imports wheat into United Kingdom.
235.000 quarters: flour. 227.000 barrels; wheat
and flour on parage to United Kingdom, 2,630.
000 bushels; to Continent, 1,340,000: Indian
shipments of wheat to United Kingdom, 47.00J
quarters; to Continent none.
Visllile Grain Supply.
NEW TORK, Dec 1C. The visible supply of
grain Saturday, December 14, as compiled by
the New York Produce Exchange, 13 as follows:
Wheat, bushels 39.333.000
Corn, bushels 11.1S7.000
Oats, bushels 3.742.000
Rye, bushels 2.73S.000
Barley, bu&hols 2.S3S.CU0
SAX FRANCISCO MARKETS.
SAN FRANCISCO, Dec 16. Wool Spring
Humboldt and Mendocino, 15IflCc; Nevada, 10
12c; Easttrn Oregon, loi?13c; Valley Oregon.
13615c Fall Humboldt and Mendocino, 10&
12c; mountain, 89c; eouth plains and San
Joaquin. CSc; lambs. Cj8c.
Hops New crop. 10tfl3c
Hay Wheat. $9012; wheat and oats. $8 50tf
11; best barley, $607 50; alfalfa. $9ffl0: clo
ver, $G&7 por ton; straw, 335?47c per bale.
Vegetables Green peas, 57c per pound;
string brans, 79c per pound; tomatoes, 25c$?
$i; cucumbers. 3000c per box; Chile green
peppers, 25ff30c; garlic, 22c; egg plant. 75c
Mlllstuffs Mlddllnggs, $17 5013 50; bran.
$15 503T16 50 per ton.
Potatoes River BurbankB, 80J$1 05; Salinas
Burbanks, $1 2591 CO; Oregon Burbanks, $1 15
1 55; sweet, 50090c per cental.
Onions Yellow. $1 C0fi3 25.
Poultry Turkeys, gobblers, 12fJ14c; do
hens, 13015s per pound; olft roosters. $3 30
4 50 per dozen; young roosters, $4 SOS'S; small
brollors. $391; large broilers. $4Q5; fryers. $1
05: hens, $3 5004 50; old ducks, $3 504 per
dozen; young ducks, $465.
Eggs Fancy ranch, 31c per dozen; store, 2Sc;
Eastern, 25 c
Apples Choice, $1 25; common, 30c per box.
Bananas $102 75 per bunch.
Citrus fruit Common California lemons, 73c;
choice, $2 50; Mexican limes, $3 S0&4; oranges,
navel, $102 25.
Butter Fancy creamery, 24c; do seconds. 18c;
fancy dairy. 20c per pound; do seconds, 16c
Cheese Young America. 12c; Eastern, 13
13c per pound; new, 12c; old, lie
Receipts Flour, 13.282 quarter sacks; wheat,
149.4SS centals: barley. 60.544 centals; oats,
1030 centals; beans, 2032 sacks; corn. 230 cen
tals; do Eastern, 1500 centals; potatoes, 1350
sacks: bran. 13G0 sacks; middlings, 1325 sacks;
hay, 53G tons; hides. 442.
CHICAGO. Dec 16. Cattle Receipts. 16.000.
Market active and 10323c higher. Good to
prime. $6 2507 65; poor to medium. $3 :H)g(J;
stockerj and feeders. ?204 23; cows. $104 50;
heifers, ?1 5005; canners, $102; bulls, $1 13
4 50; calves, $2 50$5 25; Texas fed steers.
$4 6005 40.
Hogs Receipts today. 48.000; tomorrow, 33.
000; left over. 8000. Market opened active and
SlOc higher and closed weak. Mixed and
butchers, $5 S5&G 45; good to choico heavy.
$6 2306 63; rough heavy. $3 9O0G 10; light. $3
05 90; bulk of sales. $3 8006 35.
Sheep Receipts, 10,000. Market for sheep.
10015c higher; lambs, 15025c higher. Good to
choice wethers, $3 7604 50; fair to choico
mixed, $2 8003 40: Wtern sheep, $304; na
tive lambs, $2 5005 75: Western lambs, $304.
KANSAS CITY. Dec 16. Cattle Receipts.
6000. Market steady. Texas steers, $3 5004 75;
Texas cows, $2 2303 75; native steers, $4 75
6 50; native cows and heifers, $2 7305 50;
stockers and feeders, $304 50; bulls. $2 253
Hogs Receipts, 9000. Market 5c higher: bulk
of salea. $5 SOQO CO; heavy, f 6 6506 75; packers.
Downing, Hopkins & Co.
WHEAT AND STOCK BROKERS
Room 4, Ground Floor
A block of stock in a co-operative
offered to the general public at par. The whole plan of this company is
such that the public will eagerly subscribe for this ideal security and a
great many applications for stock will, therefore, have to be
The next block will surely be ofTered at a premium far above
par. If you will write to us at once, we will keep you posted
and will help you to come in on the ground floor.
The company in question is investing One Million Dollars
in the stocks and bonds of one hundred or more sound and
reliable companies and institutions on the following plan :
250,000 DOLLARS in the purchase of stock in at least 25
carefully selected mining companies possessing properties that
are known to be of real value and merit, thus providing assets
of great speculative possibilities.
250,000 DOLLARS in the purchase of interest-bearing
bonds of at least twenty-five reliable" and thoroughly sound
corporations, thus providing assets of established and per
250,000 DOLLARS in the purchase of stock in at least 35
different industrial companies and corporations, selected only
after the earning capacity, dividend prospects and probable
advance in market value of their stocks have been clearly
250,000 DOLLARS in the purchase of stock in reliable,
well managed realty corporations in growing cities, such in
vestments being certain to double or even treble in value.
BY THIS PLAN the investor, acquiring stock in this co
operative purchasing company, gains absolute insurance
against loss of capital, and at the same time has the assurance
of enormous profits. Carrying all of your eggs in one basket
is dangerous. This plan, it might be said, provides a basket
for each egg. If one is dropped, the damage fs trifling ; yet
if only one out of a hundred or more proves "a golden egg,"
the profit is great. Truly this is in every way THE IDEAL
INVESTMENT, for it not only insures against loss, but it
guarantees profits on an unusually large scale. Address at
once for particulars
C. S., Care T.O. Bojc 1633, jWeto orK
CG 20G 60: mixed. $6 10?G CO; lights. $5 40 J
C 33; Yorkers. $3 235?fl 10; plgi. $4 C0S5 10.
Sheep Receipts, 3(00. Market steady. Lambs,
$4fr4 00; muttons, $3SL
OMAHA. Dec. 16. Cattle Receipts. 2600
head. Market active and strong. Native beef
steers. $4gG 75; Western steers. $3 75g5 40;
Texas steers. ?3 5Cj4 40; cews and heifers,
$2 00?4 CO; canners. $1 5C2 75; stockers and
feeders. $2 SO(?4 30; calve. $3 50g0; bulls and
stags. $1 75&4 10.
Hogs Receipts, C2G0 head. Market opened
5 10c higher, closed unchanged. Heavy. $0 CO
CO 75: mixed. $6 406 CO; light. $&36 SO; bulk
of sales. $6 206 40.
Sheep Receipts, 2000 head. Market active,
10913c higher. Fed muttons, $3 3Qf?3 23: ewes.
$8(3 23; common and stock sheep. $2 753 30;
fed lambs, $4 5005 25.
NEW TORK. Dsc 16. Interesting features
were lacking in metals at home and abroad
today. Locally, copper was without chang
arol dull, with Lake quoted at 13?JG13c and
casting at 15c At London the close was easy,
with a net loss of 1 10s, spot being quoted at
50 10s and futures at 30 12a Od.
Tin had a steady undertone at London ami
finished the day 103 better, with spot quoted
at 110 and futures at 104 10s, while a lower
level was reached at New York, and an easier
feeling prevailed at the close, which was $24 70
624 75, without much business being done.
Lead was dull and unchanged at London anfi
at New York, closing at 10 10s and $4 37t
Spelter at London was 2s Cd higher, am:
quoted at 16 12s Cd. while the New Yon:
market was nominally unchanged at $1 45.
Iron r-teady; warrants. $lo 50 11 50: No. !
Northern foundry. $15 SOfflO; No. 2 foundr..
Southern. $14 30f 15 50; No. 1 foundry South
em, $15 5C$rl0; No. 1 foundry Southern son.
Glasgow iron warrants closed at 50.1, anc
MIddlesboro at 43s.
Bar silver, 55Uc
SAN FRANCISCO, Dec 16. Dar silver.
LONDON. Dec 16. Bar silver. 25'td.
Wliy Abolish Commissions?
PORTLAND, Dec. 16.-(To the Editor.)
A correspondent of your paper this morn
lng- makes the above inquiry, and the an
Rwer to It Is n very plain and simple on
In our republican form of government 1
this country, composed of executive, le?
lslatlvc and judicial departments, commit
slons are a flfth wheel to the coach, an
therefore useless. Our city governmetv.
like every other government. Is the bet
and most effective with the simplest ma
chlnery. The Mayor, as its executive olL
cer. should be charged with the rcspon",
billty of enforcing all city ordinance
through officers appointed by him and rv
sponsible to him, which he cannot be i
such responsibility Is peddled arourt'
among various commissions. The aisump
tlon that a government by a commission
independent of and above the people, wil
be better than a government directly re.
sponsible to the people. Is one which may
be tolerated In a monarchy, but never
among a free people. The allusion of your
correspondent to the Water Commission
In support of his argument was Indeed
most unfortunate, for, while that com
mission has always been composed of hon
orable men. It made the costliest mistake
ever made in city affairs by digging
worthless reservoirs, and then It added
to the weight of that mistake by paying
a Callfornlan 55COO for telling It of such
mistake, which any Portlander, outside of
the commission, would have told It for Zd
Explorer Dcwlntlt Rcndy to Start.
PARIS, Dec. 16. Harry Dewlndt, the
explorer, who Is to attempt an overland
trip from Paris to New York, has com
pleted the preparations for his expedition
and will start for Siberia December 19.
The Russian Government Is actively as
sisting him, and has telegraphed to tho
remote settlements In North Siberia to
Tlie Best "Way
All through, trains from North
Pacific Coast connect witli trains of
this line in Union Depot, St. Paul.
The North-western Limited
IS FINEST 1.:.MN ENTERING CHICAGO.
CaU or Yvrite for information io W. H. MEAD, Gen'l Ast., 248 Alder St.,
Chamber of Commerce
investment comoanv will soon be
have reindeer and dogs in readiness for
the use of the explorer. Mr. Dewuvlt s
companions on the Journey will be Vi
comte Je Clinchamp and Mr. George Hard
ing. TRAVELERS GUIDE.
Time flics aboard the St. Louis
You dine, sleep, chat, read, look
at the scenery nd you are at your
journey's cn3, as full of vigor a3
when you started.
Measured by miles. It 13 a long
way from Portland to Omaha, Kan
sas City. Denver or St. Louis. Meas
ured by minutes, It Is almost as
easy as going down town.
"Write for folder giving full infor
tration. TlOKETOFriCE: Cor. Third and Stark Sto.
R. W. Foster. Ticket Agent
Pacific Coast Steamship Co.
For South-Eastern Alaska
Steamships Cottage City.
City of Seattle, or City of
Toptka. at 'J p. m. about
every fifth day.
For further information obtain company's
The Comrany reserves the right to change
tfteamers, sailing dates and hours of fcaillns,
without previous notice.
AGENTS N. POSTON. 240 Washington St..
F. W. CARLETON. N. P. R. R. Deck. Ta
coma; Ticket OHlcc. 113 James st.. Seattle, M.
TALBOT, Comm'l Act.: C. W. MILLER, Assu
Gen'l ARt.. Ocean Dock. Seattle; GOODALL.
PERKINS & CO.. Ger1 Acts.. San FrancU;o.
WHITE COLLAR LINE
Winter schedule Leaver root Alder street
every Tuesday, Thurday and Saturday morn
ing. 7 A. M. Leaves The Dalles every Sunday,
Wednesday and Friday morning. 7 A. M.
Stops at all way landings lor both freight
STR. BAILEY OATZERT (Alder-St. Dock).
Leaves Portland dally every morning at 7
o'clock, except Sunday. Returning, leaves As
toria every night at 7 o'clock, except Sunday.
Oregon phone Main .151. Columbia nhono 351.
job Mim sih
THREE TRAINS DAILY
FOR ALL POINTS EAST
For the East via Hunt
ington. 9:00 A. M.
4:30 P. M.
For Eastern Washing
ton. Walla Walla. Lew
Iston. Coeur d'AIene and
Gt. Northern Points.
0:15 P. M.
7:0O A. M.
For the East via Hunt-
S:M P. M.
8:10 A. M.
CEAX AXD RIVER SCHEDULE.
FOR SAN FRAN
CISCO. SS. Columbia
Dec. S. IS. 23.
SS. Geo. W. Elder
Dec. 3. 13, 23.
A Ins worth
S:0O P. M.
FOR ASTORIA and'S:0OP. M.
3:00 P. M.
wa points, connecting Dally es.
with str. for Ilwaeo and Sunday.
North Reach, str. Has-',
&alo. Ash-street DockJSat. 10
FOR CORVALLIS and!0:43 A. M.
way points, str. RUTH.iMon..
Ash-street Dock. iWed..
(Water permitting.) FrI.
FOR DAYTON. Oregon :00 A. M.
City and Yamhill Klv-,Tues..
crpoints. str. Modoc. :Thurs..
r.:O0 P. M.
TICKET OFFICE. Third and Washington.
Telephone. Main 712.
PORTLAND & ASIATIC
For Yokohama and Hong Kong, calling at
Kobe, Nagasaki and Shanghai, taking freight
via connecting rtenmera for Manila, Port Ar
thur and .Vladlvostock.
KNIGHT COMPANION SAILS DEC. 23.
For rates and full Information call on or ad
dress otllcials or agents of O. R. Jt N. Co.
Depot Fifth nml
for Salem. Ro3e
burg. Ashland. Sac
ra m c n to. Ogden.
San Francisco. Mo
Jave. Loa Angeles.
El Paso. New Or
leans and the East.
At W o o d b urn
(daily except Sun
day), morning train
connects with train
for Mt. Angel. Sll
and Natron, and
Albany Local for
Mt. Angel and Sll
verton. Albany passenger ...
7:45 A. M.
7:00 P. M.
10:10 A. M.
3:50 P. M.
II 1:30 P. M
sherldan passenger. 13:25 A. M.
Dally. !3ally except Sunday.
Rebate tickets on sale between Portland.
Sacramento and San Francisco. Net rates
$17.30 first class and $14 second class. Second
class Includes sleeper; lirst class does not.
Rates and t cket to Eastern points and Eu
rope. Also JAPAN. CHINA. HONOLULU and
AUSTRALIA. Can be obtained from V. A.
Schilling. Ticket Agent. 254 cor. Washington
Passenger Depot, foot of JcfTerson street.
Liave for Oswegu daily at 7.20. U.40 A. M.;
1'JutU. 1:53. 3 23. 1:40. G:25. 8:30, 11:30 P. M.;
and 0:03 A. M on Sundays only. Arrive at
Pottland dully at 0.33. fc:U0, 10:50 A. M.;,
1:33. 3:10. 4:30. 0:10. 7:40. 10:00 P. M.: 12:40
A. M. dally, esccpt Monday. S:30 and 10:03
A M. on Sundays only.
Leave fot Dallas daily, except Sunday, at
3:03 P. M Arrive at Portland at 0:30 A. M.
Passonger train leaves Dallas for Airllc Mon
davs. Wednesdays and Fridays at 3:50 P. M.
Returns Tuesdays. Thursday and Saturdays.
R. B. MILLER.
Gen. Frt. & Pass. Agt.
Overland Express 2:00 P.M.
Twin City. St. I-ouls Sz
Kan. City Special 11:30 P.M.
7:00 A. M.
:45 P. M.
Puget Sound Limited, ror
South Bend. Gray's
Harbor. Olympia. Ta
coma and Seattle 8:33 AM. 5:20 P.M.
Two trains dally to Spokane, Butte, Helena.
Minneapolis. St. Paul and the East.
A. D. CHARLTON.
AssL General Pass. Agt..
255 Morrison street. Portland. Or.
Ticket Office 122 Third St. Phone 630
C:0O P. M.
(The Flyer, dally to and ARRIVE
I from St. Puul. Minne-, No. 3
.apolls, Duluth. Chicago 7:00 A. M.
and all points East.
Through Palace and Tourist Sleepers. Dining
and Buffet Smoklng-Library Cara.
JAPAN - AMERICAN LINE
STEAMSHIP SHINANO MARU
For Jaan. China and all Asiatic points will
About December I7th.
Astoria & Columbia
River Railroad Co.
Depot Fifth and
For Maygers. Italnler.
Clifton. Astoria. War
renton. Klavel, Ham
mond. Fort Stevens,
Gearhart Pk.. Seaside.
Astoria and Seashore
S:00 A. M.
7:00 P. M.
Ticket oTIice 235 Morrison st. and Union Depot
J C. MAYO. Gen. Puss. Agt.. Astoria. Or.
Salem, Albany, Corrallis. Ore
gon City and Dayton.
Steamer Pomona, for Corvallls. leaves C:43 I
A. M. Tuesday, Thursday an-1 Saturday. '
Steamer Altona. for Dayton, leaves 7 A. M.
Monday. Wednesday and Kr.day. .
Steamer Leona, for Oregon City, dally (ex. '
Sunday). 0 A. M.. 12:30. 4 P. M. Leaves Ore- !
gon City 7:30 A. M.. 11 A. M.. 2:30 P. M.
Round trip. 25c. !
OREGON CITY TRANSPORTATION CO..
OClce and deck, foot Taylor st. Phone 40. I
i?ZI SUNSET l
O 0GDEN& SHASTA -M
M rcjjgs jnj
Xot b dr.rk olllce In the building
ubsolutciy fireproof; electric lights
and n-ieslnn water; perfect sanita
tion and thorongh ventilation. Ele
vators run dny and night.
AINSLIE. DR. GEORGE. Physician.. 608-609
ANDERSON. GUSTAV, Attorney-at-Law...613
ASSOCIATED PRESS. E. L. Powell. Mngr.SOU
AUSTEN. F. C. Manager for Oregon and
Washington Bankers' Life Association of
Des Moines. la 502-003
BANKERS' LIFE ASSOCIATION. OF DES
MOINES. IA.. F. C. Austen. Mgr.... 502-503
BEALS. EDWARD A., Forecast Official U.
S. Weather Bureau 010
BENJAMIN, R, W.. Dentist 314
BINSWANGER, OTTO S., Physician and
BROCK. WILBUR F.. Circulator Orego-
BROWN. MYRA. M. D 313-314
BRUERE. DR. O. E.. Physician.. 412-413-4M
BUSTEED. RICHARD 303
CAMPBELL. WM. M., Medical Referee
Equitable Life 700
CANNING, M. J. 602-603
CAUKIN. G. E.. District Agent Travelers'
Insurance Company 718
CARDWELL. DR. J. R. 003
CHURCHILL. MRS. E. J. 716-71T
COLUMBIA TELEPHONE COMPANY
CORNELIUS, C. W.. Phys. and Surg.on..20J
COLLIER. P. F.. Publisher; S. P. McQutre.
DAY. J. G.. & L N 318
DICKSON. DR. J. F.. Physician 713-714.
DWYER. JOE E.. Tobaccos 403
EDITORIAL ROOMS Eighth Floor
EVENING TELEGRAM 325 Alder Street
EQUITABLE LIFE ASSURANCE SOCI
ETY; L. Samuel. Mgr.; G. S. Smith,
FENTON. J. D.. Physician and Surgeon. 500-10
FENTON. DR. HICKS C. Eyo and Ear.. 511
FENTON. MATTHEW F.. Dentist 503
GALVANI, W. H., Engineer and Draughts
GAVIN. A., President Oregon Camera Club
GEARY. DR. EDWARD P.. Physician and
GIESY. A. J., Physician and Surgeon.. .700-71C
GILBERT. DR. J. ALLEN. Phybiclan .401-402
GILLESPY. SHERWOOD. General Agent
Mutual Life Ins. Co 404-403-400
GOLDMAN. WILLIAM. Manager Manhat
tan Life Ins. Co.. of New York 2OU-210
GRANT. FRANK S., Attorney-at-Law 017
GRISWOLD & PHEGLEY. Tailors
131 Sixth Street
HAMMAM BATHS. Turkish and Russian.
HAMMOND. A. B 310
HOLHSTER. DR. O. C. Physician and
IDLEMAN. C. M.. Attorney-at-Law.410-17-13
JOHNSON". W. C. 315-310-317
KADY. MARK T.. Supervisor of Agents
Mutual Reserve Fund Life Assn.... 004-005
LITTLEFIELD. H. R.. Phya. and Sur. 20G
MACK AY. DR. A. E.. Phys. and Surg.. 71 1-712
MANHATTAN LIFE INSURANCE CO. of
New York; W. Goldman. Manager.... 200-210
MARTIN, J. L. & CO.. Timber Lands C01
McCOY, NEWTON, Attorney-at-Law 715
McFADEN. MISS IDA E.. Stenographer.. 201
McGINN. HENRY E.. Attorney-at-Law.311-12
McKENZIE. DR. P. L.. Phys. and Sur.512-12
METT. HENRY 213
MILLER. DR. HERBERT C. Dentist and
Oral Surgeon 60S-C09
MOSSMAN. DR. E. P.. Dentist 513-514
MUTUAL RESERVE FUND LIFE ASSN;
Mark T. Kady, Supervisor of Agenta.CO4-G05
Mcelroy, dr. j. g., phys. & sur.701-702-703
McFARLAND, E. B.. Secretary Columbia
Telephone Company 60S
McGUIRE. S. P., Manager P. F. Collier.
MUTUAL LIFE INSURANCE CO., of New
York; Sherwood Gtllespy. Gen. Agt. .404-5-Q
NICHOLAS, HORACE B., Attorney-at-Law.715
NILES. M. L.. Cashier Manhattan Life In
surance Company of New York 203
OLSEN, J. F.. State Agent Tontine Sav
ings Association. Minneapolis 211
OREGON CAMERA CLUB 214-215-210-21J
OREGON INFIRMARY OF OSTEOPATHY
OREGONIAN BARBER SHOP; Rudolph
Marsch, Prop 120 Sixth street
OREGONIAN EDUCATIONAL BUREAU:
J. F. Strauhal. Manager 200
PORTLAND El'E AND EAR INFIRMARY.
Ground Floor, 133 Sixth street
QUIMBY. L. P W., Game and Forestry
REED, WALTER, Optician 133 Sixth street
R1CKENBACH. DR. J. F.. Eye, Ear, Nose
and Throat 701-702
ROSEN DALE, O. M., Metallurgist and Min
ing Engineer 518
RYAN, J. B.. Attorney-at-Law 015
SAMUEL, L., Manager Equitable Life.... 300
SHERWOOD, J. W., Deputy Supreme Com
mander K. O. T. M. 017
SMITH, G. S., Cashier Equitable Life 308
SMITH. DR. L. B., Osteopath 400-410
SMITH, GEO. S., Cashier Equltabla Llfo...J0C
STUART. DELL, Attorney-at-Law.... 617-018
STOLTE. DR. CHAS. E.. Dentist 704-703
SURGEON OF THE S. I. RY. AND N. P.
TERMINAL CO 708
STROWCRIDGE. THOMAS U.. Executive
Special Agent Mutual Life of New Yoik.,408
SUPERINTENDS. V"3 OFFICE 201
"THREE IN ONE" QUICK ACCOUNT
Si'STEM COMPANY. OF OREGON 513
TONTINE SAVINGS ASSOCIATION, Min
neapolis; J. F. Olsen. State Agent 211
TUCKER. DR. GEO. i. Dentist C10-011
U. 3. WEATHER BUREAU... 007-003-000-010
U. S. LIGHTHOUSE ENGINEERS. 13TH
DIST., Captain W. C. Langtltt. Corps of
Engineers. U. S. A. 803
U. S. ENGINEER OFFICE RIVER AND
ILVRBOR IMPROVEMENTS, Captain W.
C. Langlltt. Corps of Engineers, U. S. A..810
WATERMAN. C. H.. Cashier Mutual Life
of New York 400
WILSON. DR. EDWARD N., Physician
and Surgeon 304-303
WILSON. DR. GEO. F., Phys. & Surg.70G-707
WILSON, DR. HOLT C. Phys. & Surg.507-503
WILLAMETTE VALLEY TELE. CO 013
WOOD. DR. W. L.. Physician.... 412-413-414
Olflccs ntny he had ly npplylnsr to
the mi'rliitendcnt of the hulldlncr,
room 201. second floor.
Big C is a non-poieonort
remedy for Gonorrhoea,
Gleet. S p o r m a t o r r h cc n.
Whites, unnitural dig
charsc. r any Inflammjv
tion of mucous mcc
lEVlCJlGo. branes. Non-astringent
t 3 3olel by DrnjTRlnts,
7, or sent in plain wrarr'.
ti.no. or 3bottleB, J2.75.
$Y' Circnur scat on teqaeati
Regulates the menstrual flow, cures Ieu-
corrhoea, failing of the "womb and all the
other .ailments peculiar to women Buy
1 bo! tie from your druggist to-day.
fa liai iUt- I
f 0aar2tKi J
iS)l ast to itnsisr.
I iiiPrttatt eoatacies.
. r, s i