' THE MORNING OREGONIAN, SATURDAY, JANUARY 10, 1903. ,
IS
SUGAR 18 QN
All Grades Are Down Twenty
Cents a Hundred.
CAUSE: REFINERS' COMPETITION
Activity of the Locnl Hop Market In
creoiCK, With Values Stronger
Movement In Citrus
Fruits.
The sugar market, after remaining stationary
for several weeks, has again become the cen
ter of interest. All grades of the cane and
beet product have been reduced 20c a hundred.
As for the cause of the decline the local trade
Is In the dark, but It Is presumed to be due to
the competition between Spreckels and the
British Columbia refinery.
In the East the sugar refiners' trust and the
outside refiners as well havo announced a
change In tho terms of selling refined sugars.
The change virtually amounts to the abandon
ment of the factor plan, as it puts the reflne
sugar market on a net basis. The change will
not affect tho net price. It appears that se
cret cutting by the rival refiners Is chiefly Te
snonslble for tho announcement of the new
plan. About 10 days ago the Arbuckles, It
Is understood, discovered that tho American
Sugar Refining Company was secretly making
a special rebate of 5 points to some buyers.
Arbuckles Immediately following this out to
the same favored buyers, and the discount did
not then take long in becoming general.
The factor plan has for some time been a
dead-letter In the "West, but It has been main
tained fairly -well In New York, New Jersey,
Pennsylvania and New England. In those sec
tions it is being, so far as" refiners are In
formed, maintained without break, and is a
source of direct profit In the wholesale grocery
business, which will not. It Is believed, allow
It to stop without protest. The terms under
which the refiners have been selling to New
York. New Jersey and New England Include
iMcount of 15 points from list prices and
an additional 1 per cent for cash in seven
days, in addition to the special discount of 5
points after 00 days for those who In selling
maintain refiners prices. In all sections, ex
cept those specifically noted, however, this
last 5-polnt discount is now" deducted from the
till, and within the last two weeks another
special discount of 5 points has been openly
Allowed.
MORE BUSINESS IX HOPS.
Prices Strong on Buying Orders
from Brewers.
The hop market is active at 2525Uc and
It is reported that 25Uc has been offered for
one lot. Brewers are beginning to senl in their
orders freely. It Is believed that the market
will "be lively for the next month or longer.
Tacoma advices say the hop market there Is
decidedly stronger since the first of the new
year and prices have taken a hitch up of lc
per pound. The choice exporters are now sell
ing at 25Hc per pound, or within c of the top
prlco of the season. It Is said the adance in
price Is due to Inquiries from Eastern brewers,
who havo not yet purchased their year's etock.
JVcvr York Hop Mfirfcct.
NEW YORK. Jan. 9. (Special.) Hops closed
with more firmness among sellers, but no Im
portant trading. Wires from up sfcUo report
sales of 100 bales of prime at 32c net. Foreign
cables not firmness. London cables sales of
yearlings at an advance of 5s.
Hops nt London.
LIVERPOOL. Jan. 9. Pacific Coast
firm, 10 10s7 5s.
hops
OlCEGOX PRUNE SALES.
Purchase of Four Carloads Reported
From Xcw York.
NEW YORK, Jan. 9. Special.) A little
easiness developed today in small prunes, sizes
70-SOs and 80-DGs ruling weak at 4ic and 3c
respectively, under light demand and full sup
ply. There Is a -strong tone in 60-70s and 50
COs, with stocks here and near by to arrive con
trolled by two holders. On a firm offer, 6c
will buy 60s and 5c Is quoted for 60s. Little
export movement Is noted at the moment.
Jobbers report a steady demand for small lots.
A feature today was a considerable buying
jnoven I "through brokerage Interests here of
Dregorl 5)-60s for shipment from the Coast.
One purchase of four carloads is reported, but
the terms of the sale are withheld. Efforts to
purchase 30-40s and 40-5.0s on a 3c f. o. b.
basis were reported declined by Coast holders.
Pink salmon are easy and dull.
Lima beans are unchanged.
Heavy" Shipments of CItrns Fruit.
Advices from Los Angeles, under -date of
January 5, say that, according to past Indica
tions, there will be considerable more citrus
fruit shipped out of Southern California this
year than last. The lemon crop Js lighter, but
the shortage will bo more than offset by tho
additional output of oranges. Growers say
oranges are not only more plentiful this year.
but the general run of quality is better.' The
ceason has been exceptionally favorable for
good orange growing, and there have been no
serious frosts to damage the crop. The picking
la now well under way, but the growers are not
hurrying, as here Is no immediate demand for
the goods in the Eastern market. Up to last
iveek about 1800 carloads of oranges had been
chipped East from Los Angeles and vicinity
&nd 3200 carloads from points north of Tebacha
pL The season's output from Southern Cali
fornia is expected to be from 22,000 to 24.000
carloads.
PORTLAND MARKETS.
Grain, 'lour. Feed. Etc.
The "wheat market is extremely dull, and nei
ther growers nor shippers show any desire to
do business. Values are nominally unchanged.
Eastern and cable advices yesterday reported a
better tone. While Liverpool was dull, with a
slow -6pot demand, prices closed from $4c
higher.
FLOUR Valley, $3 4003 65 par barrels; hard
wheat straights, $3 3003 65; hard wheat pat
ents, $3 900 4 40; Dakota hard wheat, $4 400
6 30. graham. $3 2003 CO.
WHEAT Walla Walla, 70c; blitesterai 80c;
Valley, 73076c, export values.
BARLEl Feed, $23 50 per ton; brewing. $24;
rolled. $24 SO.
OATS No. 1 white. $1 1501 17; gray, f i2tf
Xj. t-o per cental.
MILLSTUFFS Bran, $18010 per ton; mid
dllngs, $22024; shorts. $19220; chon. SIS.
HAY Timothy. $11012; clover, $S09; wheat,
Butter, Cjc8:s. Poultry. Etc.
Poultry Is coming In better, but receipts move
easily at the established quotations. The do
mand for ducks and geese Is improving. Eggs
are weak under large stocks. Trade In butter
Is satisfactory.
POULTRY Chickens mixed. 10011c per
pound; young, 10c; hens, llHHc; turkeys,
live, 13016c; dressed, 15016c; ducks, $707 50
per dozen; geese, $708 50.
CHEESE Full cream, twins. 164017Hc:
Young America. 17H18Hc. factory prices IQ
l"Jc lees; Wisconsin, 16c per pound,
BUTTER r Fancy creamery, 27403Oe per
pound; dairy. 2002214c: store. 15015c
EGGS 22H03Oc per dozen.
Vege Fruit, Etc.
Yesterday's. receipts Included carlots of or
anges, bananas and cabbages. The fruit was
la excellent condition. Sweet potatoes &r a
fair supply and very firm. Only one bouse is
bringing jthem up from below.
VEGETABLES Turnips, 75SS0c per sack:
carrots. 75S0c; beets, fl per eack; parsnips.
fl per'sack; cauliflower. 42" per crate; cabbage.
lHc per pouna; celery. Los Angeles, 50375c;
Denver. $1 per dozen: lettuce, head. S5e oer
dozen; hothouse, ?1 7502 per box; green onions.
per aozen, lzvic; . Brussels sprouts. 6c pet
pound; squash, $10150 per hundredweight;
peas, per pound, 6&c; parsley, per dozen, 25o
radishes, 25c '
GREEN FRUIT Apples, table. SScOJl 69
per box; cooking, 50076c; pears. 75cfl$125 rw
box; cranberries, Jersey, $11; perilmmoas ti s
per box.
TROPICAL FRUIT Lemons, (2 75JJ3 50 per
box: oranges, new crop navels, ?2 232 70
seedlcgs, $1 5062: mandarins, 75c; taaeer'
lnes, 1 50; grape fruit, 3 50 per box- ba
nanas, f 2 25(g2 75 per bunch; pineapples, '$5 M
per dozen; pomegranates, $1 50 per box.
DRIED FRUIT Apples, evapora.ed. 7U0 per
pound; sun-dried, sacks or boxes, C0c apri
cots, 6S10c; peaches, 7&g9c: pears, 738iie'
prunes, Italian. 466c; firs. Calif ornia ' blacks'
0e; do white. 7Hc; Smyrna. 20c; plums nltted
RAISINS Loose Muscatel, 4-crown. 7c; 3
crown. UOt 2-crown. C?ic; unbleached seedless
Muscatel raisins. 7V4c; unbleached seedless Sul
tans, OHc; London layer. 3-crown, whole boxei
of 20 pounds. $1 S5; 2-crown, $1 75.
POTATOES Best Burbanks, 504J60o per sack;
ordinary. 40050c, growers' prices; Merced
sweets. 5232 25 per cental.
ONIONS Oregon and Washington. 75e&$l per
cental; shippers' price in carload lots. 50c pet
cental.
Groceries. Xuta, Etc.
COFFEE Mocha. 23g2Sc; Java, iancy. 25JJ
i2c; Java, good. 20021c; Java, ordinary, 1SQ
20c; Costa Rica, fancy, lSg20c; Costa Rica,
good, 1618c; Costa Rica, ordinary, 10&12c per
pound; Columbia roast. $10 75; Arbuckle's,
(11 25 list; Lion. $10 75.
RICE Imperial Japan, No. 1, 5vfcc; No. 2,
t?4e; Carolina head. 7&7c
SALMON Columbia River, 1-pound tails,
$1 85 per dozen: 2-pound talis, $2 75; fancy
1-pound flats, $1 00; -pound flats. $1 25;
Alaska pink, 1-pound talis, Co.; red, 1-pound
tails, SI 30; Eockeye. 1-pound tails, 51 45; 1
pound fiats. H 60.
SUGAR Sack basis, net rish. per 100
pounds: Cube, $5 10;.powdered, f4 95; dry gran
ulated, f4S5; extra C, $4 35; golden C. $4 25.
Advances over sack basis as follows: Barrels.
10c; half-barrels, 25c; toxes, 60c per 100
pounds. Maple. 15010c per pound. Beet sugar,
granulated, $4 75 per 100 pounds.
HONEY 13c per No. 1 frame.
BEANS Small white, 4c: large white. 4c;
pinks, 3c; Bayou. 3&c; Lima. 5Uc per pound.
NUTS Peanuts, 6$ic per pound lor raw. 80
EHc for roasted: cocoanuts. S590c per dozen;
walnuts, 1314c per pound: Dine nuts. 103
I2&c; hickory nuts, 7c; Brazil nuts. 10c: fil
berts, 15016c; fancy pecans, 17c; almonds, 14
15c; chestnuts. 10c
GRAIN BAGS Calcutta, $6 2506 60 per 100
for spot.
SALT Liverpool, 50, 45c per sack; half
ground, per ton. 60s, $14 50; 100s, $14; Worces
ter salt. bulk. S20s. $5 per barrel; linen sacks,
60s, SOc per sack; bales, 2s, 3s. 4s, 5s and 10s,
$2 per bale.
OILS Coal oil. cases, 23c per gallon: Iron
barrels, lCHc; wood barrels. 19c; linseed,
boiled, cases. 59c; barrels. 64c; Unseed, raw,
cases, 57c; barrels, C2c; gaspllne. iron barrels,
lOttc; cases, 20c; turpentine, cases. 72c; wood
barrels. CSc; iron barrels, GOc; lots of 10 cases ot
more, 71c Collier and Atlantic white and. red
lead. In lots of 500 pounds or more, Cc; less
than 500 pounds, oije.
Hops, Wool." Hides, Etc.
HOPS Choice. 2502OUc per pound; prime
to choice. 24025c; prime, 24c: medium, 220
23c per pound.
HIDES Dry hides. No. 1. 10 pounds and up.
1515Vjc per pound; dry kip. No. 1, 5 to 15
pounds, 12c; dry calf. No. 1, under 5 pound:,
10c: dry salted bulls and stags, one-third less
than dry flint; salted hides, steers, sound. 60
pounds and over. 809c; 60 to 60 pounds. 7Sc;
under 50 pounds and cows. 7c; stags and bulls,
sound, 505c; kip, sound. 15 to 20 pounds, 7c;
veal, sound. 10 to 14 pounds. 7c: calf, sound,
under 10 pounds. Sc: green funsalted), lc per
pound less; culls, lo per pound less; horss
hides, salted, each, $1 602; fry, each. $10
i w, com niaes, eacn, zoj?ouo; goal skihs.
common, each, 10015c; Angora, with "wool on.
each. 25c0$l.
PELTS Bear skins, as to size. No. 1. each.
$506 20; cubs. $206; bacgef. each. 10040c;
wildcat, 25050c; house cat. 6010c: fox. com
mon gray. each. 30050c; do red, each. $1 5002;
do cross, each, $506: cc silver and black, each.
$1000200; fisher, each. $506; lynx, each, $203;
mink, strictly No. 1, each, 5Oc0$l 50 marten,
dark Northern. $6012; marten, pale pine, ac
cording to size and color. $1 5002: muskrats.
large, each, 510c; skunk, each. 40050c: civet
or polecat, each. 5010c; otter, lor large prime
skins, each. 80050c; wolf, mountain, with head
perfect, each. $3 5005: wolf, prairie (coyote),
without head, each, 30035c: wolverine, each.
$40-7; beaver, per skin, large,. $&eo: ao me
dium, $304; do small, $101 50do 1 j. 50075c.
-SHEEPSKINS Shearing, 15 g 20c; short
wool, 25035c; jnedlum wool, 30060c; long wool.
tocqji cacn.
TALLOW Prime, per pound, 405c; 2s o. 2 and
grease. 2HW3c
WOOL Valley, I2U015c: Eastern Oregon, 80
14&c; mohair. 20028c.
Meats and Provisions.
BEEF Gross, cows, $303 75; steers, $404 75;
dressed, 7lc per pound.
VEAL 7l0SVio per pound
MUTTON Gross, $4; dressed. 7"4c
LAMBS Gross, $4; dressed, 7&c
HOGS Gross. $0 23; dressed, 707"4c
LAUD-TfVttln TrnAireft: Tierces. 13d tubs.
13c; 50n. 13tc; 20s, 43140; 10s, 13c: 5i
lSc Standard pure: Tierces, 12c; tubs.
12c: 60s, 12ttc; 20s. 12Xc; 10s. 13c: 5s. wc
Compound lard: Tierces. OUc: tubs. 9c.
BACON Portland. 1601SV4C per pound; east
ern, fancy. 17ifcc; standard, heavy. 15c; bacoa
bellies. 15'4c.
HAMS Portland. 13c per pound: pjcnic.
10ie per pound: Eastern fancy. 134014Hc
SAUSAGE Portland, ham. liic per pouna:
minced ham, 10c: Summer, choice dry, l?Hc:
Bologna, long, 8c; wclnerwursts, 9c: liver, c:
pork, 9c: blood, 7c; head cheese, 7c; bologna
sausage link, 7Hc
PICKLED GOODS Portland, pigs' feet. Vf
barrels, $4 50; -barrels. $2 50: 15-pound kit.
$L Tripe. Vi-barrels, $5 50; U-barrels. $2 75;
15-pound kit. $1; pigs' tongues, -barrel. $6.
DRy-SALTED MEATS Portland clears. 120
13c: backs, ll12ic; bellies. 15010c; exports.
20025 pounds average. 13014c; butts, 9010c.
EASTERN LIVESTOCK.
Prices Current nt Chicnso, Omaha
and Kansas City.
CHICAGO, Jan. 9. Cattle Receipts, 5500.
Market slow. Good to prime steers, $5 400
6 50; poor to medium. $3 2505; stockers and
feeders. $204 60; cows. $1 2504 50; beUers. $2
.05 25; canners, $1 2502 50; bulls, $20 4 40;
calves, $3 5008; Texas fed steers. $3 7504 85.
Hogs Receipts today. 25,000; tomorrow, 20.
000. Market 1001 5c lower. Mixed and butch
ers, $6 2006 50; good to choice heavy, $0 600
0 80; rough heavy, $0 2006 50; light. $5 9O0
6 25; bulk of sales, $0 2506 50.
Sheep Receipts, 11,000. Market stronger.
Good to choice wethers, $4 2504 75; fair to
choice mixed, $3 3504 25; Western sheep, $406;
native lambs, $400.
OMAHA, Jan. 9. Cattle Receipts, 2000.
Market slow, 10c lower. Native steers, $3 400
5 75; cows and heifers, $304 25; Western
steers, $3 7504 40; canners, $1 0502 50; stock
ers and feeders, $2 504 25; calves, $306 25;
bulls, stags, etc.. $2 250 4 25.
Hogs Receipts. 4400. Market 10c lower.
Heavy. $0 4006 50; mixed, $6 3500 40: llrht.
$0 2506 40; pigs, $500 25; bulk of sales, $6 45
06 60.
Sheep Receipts, 900. Market strong. Fed
muttons. $4 2504 70; westerns. $404 00; ewes.
$3 2504; common and stockers, $13 25; lambs.
$4 5005 00.
KANSAS CITY, Jan. 9. Cattle Receipts.
3000. including 000 Tcxans. Market steady to
strong. Native steers. $3 7500; Texas and In
dian steers. $3 4004 20; Texas cows. $2 1C03:
native cows and heifers, $1 5004 30; stockers
and feeders. $3 0004 40; bulls, $2 65&3 50:
calves, $307; Western steers, $305 25; Western
cows. $1 7503 25,
Hogs Receipts, 6000. Market 10015c lower;
-bulk of sales, $C 3506 4715; heavy. $C 3006 50;
packers, $6 2500 45; medium. $0 300 6 47Ji;
light, $5 06ju isu; iorKcrs, $ 30j plge,
$5 6506.
Sheep Receipts, 1000. Market steady. Mut
tons, $304 10; lambs, $305 45; range wethers.
$304 GO; ewes, 5334 so.
Coffee and Sngnr.
NEW YORK, Jan. 9. The market for coffee
futures closed steady at the opening level.
Safes. S2."500 bags, including: January. SO?
February. $ 25; March, $4 50; May, $4 650
4 70; June, $4 75; July, $4 75; September, $5;
October, $5 00: November, 5 10, and December,
$5 15. Spot kio steaay; mild arm.
Sugar Raw steady; refined steady; fair re
fining, 3 -ioc; centrifugal, 06 test. 3c; mo
lasses sugar. jwuc; runea steady; crushed.
$5 a; powaereo, 70; granulated. $4 65.
Ilalry Prodnee at Chicago.
- 'CHICAGO. Jan. 9. On the Produce Ex
change today, the butter market was quiet
and easy; creameries, isa-iic; dairies, 170
Eggs Firm, 25c
Cbeeaer-Dull, 13ft014o.
BEST IN FIVE MONTHS
DEALING IN STOCKS REACHES
. GREAT VOLUME.
Closing Is Firm ' and Active at a
Rally From the Lovr PointBank
Statement Forecast.
NEW YORK. Jan. 9. More business -was
transacted today on the Stock Exchange than
at any date since the semi-panic conditions of
tho middle of December last. Although the
market became extremely Irregular and at one
time generally reactionary, there was a free,
broad market during the whole day. and tho
closing was Arm and active at a rally from
the low point.
The report of the details of the arrangements
of the control of the Reading between the
Pennsylvania and the Vanderbllt interests
caused the speculative imagination to catch
Are, and operations were hastily resumed,
seemingly on the assumption that all the recent
Ills resulting from an over-surplus of new se
curities and an inadequate supply of capital to
take them up had been cleared away. The
conclusion was arrived at by inference that
further projects would be pushed for the har
monizing of control of the whole Eastern
trunk line railroad and anthracite field, with
subsequent designs upon the soft-coal field
through the medium of the distribution of con
trol of Hocking Valley among the same In
terests that are to share the Reading control.
There seemed to be an Impression that this
would herald an assumption of a large number
of projects of consolidation and merger, which
were Interrupted by tho stringency In the
money market.
The prospect that this would multiply new
securities again and involve heavy syndicate
requirements seemed to have none of the re
cent terrors, and new buying orders were
poured into the market this morning from
every quarter, including some by cable from
London. It was obvious from the start that
this demand was liberally fed by sales to take
profits by the large buyers of yesterday and
the preceding day, but the buying was suffi
cient to absorb this realizing for a time and to
Inifjatc fresh advances here and there. Re
ports that the dispute between the Pennsylva
nia and Gould Interests had been settled caused
buoyancy In the Wabashes. There were subse
quent demonstrations of strength In other
Gould stocks, notably Missouri Pacific and
Manhattan, which Initiated movements re
spectively in the Pacifies and the local trac
tions, and which were not explained by any
news of the day.
Money continued quite easy, in spite of tho
heavy new demands resulting from speculation
and a strong bank statement was forecasted,
both by the large movement of currency from
the interior and by the gain in Subtreasury
operations resulting from the payments of Gov
ernment Interest and the transfers of currency
from San Francisco. Late In the day. when
the market had become reactionary, a belief
gained currency that large imports of gold
were In contemplation at an early day. Tha
rising money market in London, the sharp
rise in sterling at Paris, and the Indications
that tho Bank of England is disposed to main
tain the open market rate of discounts were
adduced as evidence ot the likelihood of such
a movement at an early date. A more reason
able explanation of the reaction, aside from
the natural profit-taking, was the persistent
and heavy liquidation in Reading, due to the
fears of holders that as a minority interest
they would have little to hope for in the new
position of tho stock. The market was sup
ported at the decline, and the closing was firm
at the rally.
The bond market waB broad but Irregular.
Total salcfl, par value, $3,760,000.
New York Stock Market.
STOCKS.
Atchison
do pfd
Baltimore & Ohio
An rTA
Canadian Pacific
Canada Southern
Chesapeake & Ohio......
-nicago &. Alton
do pfd
Chicago. Ind. & Louis."
do pfd
Chicago & Eastern 111.
Chicago Great Western.
ao a pra
do B nfd
Chicago & N. W
Chicago Term. & Tran.
do pfd
C., C, C. & St. Louis..
Colorado Southern ....
do 1st pfd
do 2d pfd
Delaware & Hudaon....
Del., Lack. & Western.
Denver & Rio Grande..
00 pra
Erie
do let pfd
do 2d nfd...
Great Northern nfd
Hocking Valley
do pfd
Illinois Central
Iowa Central
do pfd
Lake Erie & Western..
ao Did
Louisville & Nashvlllf.
12.000
43,000
jaannauan Elevated ..,
Metropolitan Street Ry.
0.600'142H:i4iy:l42
iuexican wentrai ,
Mexican National .....
Minn. & St. Louis... .
Missouri Pacific
M. K. i- T...
4 ado 2o! 5o&
1.000 HO
00.0001113 111 1125
5.000 29l 23U) 2
3.400' 02& 01 62V?
12.000 154 Vil 153 VV164U
do pfd ,j
New Jersey Central
New York Central..,,.,
Norfolk & Western.....
17.900
75141
744
do pfd ,
Ontario1 & Western....,
Pennsylvania
Reading
100:
U2
92
33U
28.700
.33
22,300
71,200!
155'
65
S7
77
do 1st pfd...., ,
do 2d pfd..: ,
200
88
80
71
St. Louis & San Fran..
i.io6
72
CO 1st pfd
do 2d pfd
100
600
3.300
2,300
33.200
300
60,000
70,000
2,200
10.700
7U
714
29
St. Louis S. W
71
I 2S
GSJi, C5
180!l81
194 ,103?i
07 0i5
do ifd
SL Paul
183
do pfd f....
194 Vi
Southern Pacific ....
Southern Railway ..
do pfd
30.
35, SC'A
93
43
944
42
3094
47
04
Texas & Pacific
Toledo. St. L. & W..
d2Vi
4,100
800
31
do pfd
Union Pacific
do pfd
47
119.700
104
103ii
11M
1.000
94
Wabash
15.500
16,600
32
wi
S04; 311
45 6
do pfd ............
Wheeling & Lake Erie,
1.000
600
26J
354
264
30
do 2d pra ,
Wisconsin Central ...
900
27!
274
do pfd ..
-ISxprcsa Companies
Adams
American ,
United States
Wells-Fargo
Miscellaneous
Amalgamated Copper
1,900
04
03
200
230
140
225
23.100
COO
65
C3
37
C4
Amer. Car & Foundry.,
404
do pfd ,
American Linseed Oil.
do pfd
100
200
' '4000
900
HI
18
'47
17
46
96
S0
174
13
Amer. Smelt. & Refin.si
do pfd
Anaconda Mining Co.
934!
Vi
93
100
Brooklyn Rapid Transit
51,500
2,000
70
Colorado Fuel it iron..
8141
80
Consolidated Gas ....
Cent. Tobacco pfd....
General Electric
HocHlng Coal
International Paper ..
do pfd
International Power .
Laclede Gas
Natloral Blrcult
National Lead ....,.
North American
Pacific Coast
Pacific Mall 4...
People's Gas
Pressed Steel Car
do pfd
Pullman Palace Car..
Republic Steel
' do pfd .............
Sugar
600
500
218
118
lieu.
400
1SU
ISSVf,
133
1.200
200
2.100
204
194
io Vi
19
72Vi
204
73
63
SO
400'
47
464!
46
2.900
500
2S?i
28
117
71
42
120
117
100
71
704
200
424
13.100
105
S00
1,200
2,266
04$
214
VTA
94
ii"
784
2
230
20
7851
1.0001
704'
39,500
800
134
133
Tennessee Coal Jfc Iron
63
Union Bag & Paper Co,
200!
U2
14
14
79
124
14
70
do pia
United States Leather.
do pfd
United States Rubber.
do pfd , .
United States Steel...,
do pfd
Western Union
American Locomotive ,
do nfd
300
794
0,100l
300
600
12
89J
17
17
11
22.000
38
3S
89i
9li?
10.5001
SS4
1.800
92
30
94 ;
L200
30
30
200
5.800
944'
34
584
04
35H
Kansas City Southern.
X54!
do pfd ...........
Rock Island
do pfd
(126.8001
M
53
10.300) 80
844
Total sales for the day, 1,551,000 pharea
BONDS.
U. S. 2s, ref. rfg.1024 Atchison adj. 4s. 92
' do coupon 1024 C. Sc N.W. con. 7&.135W
do 3. reg 106Ji D. & R. G. 4a..... 984
do coupon 108 Northern Pac 3s.. 73
do new 4s, reg. .1354 do 4s 1034
doTbupon 13 6V Southern Pac 4s.. 92 "
do .old 4s, reg. ..1094 Union Pacific 4s. .,1034
do coupon .......lOOHiWest Shore a....llo2
? i i H
. 2
. .
12.900 8ST4 8CU. 87
1.300 103 102$ 102g
54.600 104 1024 103S
000 94 94ta 94
MM m?l 130& 137K
'i64O0 '504 50U 50H
2?0 3 36J 30j
..... H p
'" .".'. 91
36,900 29 28H 2SJ4
84
400 42a 4m 41
300 223 223k 223
1.100 19H w2 W
2.800 30' 358 352
100 07 97 96$
B.000 31 30U 30
f00 72 71U 71
1.700 48 47 47U
00 175 174 173
. 200 276 270 270
1,500 42S 42 41V
700 wT log err
ffl i$ 4
21.000 71 70 701?
7.S00 56H 54 55
500 202 201 201W
700 102H 102 101U
. 700 9S 97i 97
1.700 150 MBgiMog
700 46 44y4f 44
400 76H 75$ 74H
I 51ft
111a
1 130 il27128Ti
91i
Stocks at London
LONDON, Jan. 9. Closing quotations:
Anaconda ........ 5
Norfolk & West... 77
Atchison .... 88
do pfd 94
dO Dfd .
...105 (Ontario & Western 3RH
Bait. & Ohio lOSVi
Can. Pacific 141ij
Ch6. & Ohio 52
Chi. Gr. Western. 29M
Pennsylvania
Reading
do 1st pfd
do 2d pfd
Southern Ry ...
do nfd ........
33
45
40H
37J4
97k
COM.
100J4
90H
40
B2K
32
48H
Chi.. M. & St. P.lSiVs
Den-er & Rio Gr. 43TA
do pfd
Erl
do 1st pfd....
do 2d pfd
Illinois Central
Louis. & Nofh.
M.. IC & T
New York Cent
92?4Southern Pacific
43 union I'acmc ..
73 do pfd
57H1U. S. Steel
154 do pfd
134 Wabash
aofei do pfd
150
Money. Exchnnce. Etc.
NEW YORK, Jan. 0. Money on call. 45 per
cent; closing offered. 4 per cent. Time money
easier on cood demand; 60 days, 505U per
sent: 00 days, 5 per cent: six months, 5 per,
cent? prime mercantile raper, 5ht per cent,
Sterlinsr exchange steady, with actual busi
ness In bankers' bills at $4 86.625 for demand,
and at $1 S3.50 for 00 days bills; posted rates,
$4 S4Vi and $4 S7&; commercial bills, $4 82
4 S3i.
Bar silver, 47c.
Mexican dollars, 3Sc
Government bonds steady; state bonds steady;
railroad bonds lrregnlar.
LONDON. Jan. 0. Bar silver, qdlet, 22tfd
per ounce.
Money. 203 per cent.
Rate of discount for short bills. 3H per cent;
for three months' bills, 3H per cent.
Consols for money, 93 3-10: for account, 93.
SAN FRANCISCO, Jan. 9. Silver bars. 47c
per ounce.
Mexican dollars Nominal. r
Drafts Sight, 2ic; telegraph, "Vtc
Sterling on London Sixty days, 4 834:
sight, $4 87.
Daily Trennury Statement.
WASHINGTON, Jan. 9. Today's Treasury
statement shows:
Available cash balances $21i,24,5o:
Gold
117,794,259
Dank Clearings.
Clearlnss. Balances
Portland fS50.002 40.829
Seattle 590.043 113,809
Tacoma 357.104 31.955
Spokan 279.444 11.JM2
CLOSE STRONG AND HIGHER.
Continued Improvement In Chlcnso
"Wheat Market.
CHICAGO. Jan. 0. Reports of unsettled
weather In Anrentlna, firm cables and small
receipts caused a little strength In the wheat
pit early In the day, but under the Influence
of better prices, offerlnffs became quite liberal,
and a reaction followed. May selling down to
75Hc, after opening unchanged to 4c lower, at
75T45I7CC. At the decline, the market ruled
rather dull, though there was a fair demand
from commission houses nnd scalpers. An In
crease of 1,500,000 bushels In the exports for
the week, compared with the corresponding
week last year, caused renewed buying late In
the day, and the close was strong, with May
Uo higher, at 70Ue. the high point of the day.
Corn ruled easier the greater part of the
day on liberal offerings from locals, while tho
demand was only limited. May closed a shade
higher, at 4344c
There was a pause In the advance In oats.
and reactions occurred on profit-taking by
small longs and tho lack of adequate support
by bulls. The close was about steady. May
being unchanged, nt 34c. ,
Provisions were dull and weak. There was
rather free selling from outside early points.
May pork closed 10c lower. May lard 5374c
down, and ribs were off 245c
Th eleadlng futures ranged as follows:
WHEAT.
Opening. Highest. Lowest. Closlnr.
January ......SO 724 0 72 CO 71 SO 72
May 75 76U ' 75 70
July
73V4 73
73K
45M
43
42i
73
CORN.
47U 47U
43 44
43 434
OATS.
"344 '34
31 31
MESS PORK.
January
May ...
July ...
January
May ...
34
31
July ...
January
May ...
17 15
10 15
...10124 16 224
LARD.
1010
January 9 85 9 85
080
9 45
9 324
8 624
8 75
9S24
9 474
9 324
8 62U
8 80"
May , 474 uoo
July 0 35 0 374
SHORT RIBS
January 8 65 8 65
May , 8 75 8 924
Cash quotations were as follows:
Flour Dull ?nd easy.
Wheat No. 2 Spring. 78375c; No.
3. 67
69c; No. 2 red. 71072c
Corn No. 2 and yenow, 4050.
Oats No. 2. 32c; No. 3 white, 33S36C.
Rye No. 2, 48c
Barley Good feeding, 4044c; fair to choice
malting. 46g57c.
Flaxseed No. 1, fl 17; No. 1 Northwestern,
31 23.
Timothy eeed Prime. $3 85.
Mcbs pork-$17 40 per bbl.
Lard $9 824 per cwt.
Short ribs sides Loose. S3 G0JJ8 774.
Dry ealted shoulders Boxed. S8 25tf8 50.
Short clear sides Boxed. ?999 124.
Clover Contract grade, $11 20.
Receipts. Shipments
Flour, barrels .
17.000
14.000
Wheat, bushels
... 51.000
...283.000
...204,000
... 17.000
... 61,000
26.000
181.000
20.000
0.000
17.000
Corn, busneis ..
Oats, bushels ..
Rve. bushels ..
Barley, bushels
Grain and Produce at Sew York.
NEW YORK, Jan. 9. Flour Receipts, 22,400
barrels; exports, 41.022 barrels. Market steady,
with a fair demand.
Wheat Receipts. 158,650 bushels; exports,
43,930 bushels. Market for spot steady. No. "2
red, 80c elevator, 70c f. o. b. afloat; No. 1
Northern Duluth, S6c f. o. b. afloat; No. 1
hard Manitoba. 87e f. o. b. afloat. At
first, options were rather easy because of the
bearish Argentine nows. Belling by longs and
small seaboard clearances. Wheat rallied later
on covering due to export demand and big
weekly clearances, closing firm at i4c net
advance. May, 78 l-lOgSOc, eloeed 60c;
July, 7S!i784c closed 784c
Butter Receipts, 5000 packages. Market
steady. State dairy. 20S27c; creamery, extra,
29c; creamery. 22828c
Eggs Receipts, 4500 packages. Market
steady. -State and Pennsylvania, 3031c; West,
ern uncnndled. poor to fancy, 21 29c
Hides Quiet.
Wool Firm.
Hops Firm.
Grain at San Francisco.
SAN FRANCISCO, Jan. 9. Wheat stronger.
Barley stronger. Oats quiet.
Spot quotations:
Wheat Shipping. $1 3TAQI 40; milling, fl 424
01 47,
Barley Feed. f 1 17401 20; brewing, l 224
1 25.
Oats-Red, f 1 2241 324: white, $ 1 251 45;
black. $1150130.
Call board sales:
Wheat Stronger: December. $1 23U:
$1 39; cash, fl 40.
Barley Stronger; May, fl 18 bid.
Corn Large yellow, ?1 301 40.
May,
European Grain Markets.
LONDON. Jan. 0. Wheat Cargoes on pas.
sage, rather firmer; No. 1 standard California,
31s 3d. English country markets quiet and
steady.
LIVERPOOL. Jan. 9. Wheat steady; No. 1
standard California, 6s 84d. Wheat and flour
In Paris steady. French country markets
steady. Weather in England cloudy.
Metal -Markets.
NEW YORK, Jan. a. mere was another
sensational advance in tne London tin market,
a caln being reported for the day, of i3 2s 6d.
with spot quoted at 126 15s and futures at
127 2s 6d. The New York market, partially
responding to the foreign strength,, also was
higher, prices being marked up about 75 points
to 27.S56SS.10C DU wiinout attracting activity,
as buyers generally refused to meet the ad
vance. There was on advance of 15s In tho London
copper market, yhlch closed at 53 10s for spot
and at 53 ICs for futures, but the local mar
ket continued quiet. anq. nominally unchanged
Standard is quoted at 11.374c; Lake at 12.15c,
and electrolytic and casting at 12.16c
Lead was qulot and unchanged here at 44c,
and In London at 11 5s.
Spelter was also unchanged at 4.70c, and in
London at 20. I
Iron In Glasgow closed at 53s 5d, and In
Mlodlesboro at 4Cs Od. The local market was
unchanged. 'Warrants continue nominal. No.
1 foundry Northern is quoted at $23825; No. 2
foundry Northern,'. No. 1 foundry Southern
soft, and No. 1 foundry Southern Is quoted at
f22S23.
do 5a, reg 1031Wla. Central 4s...
do coupon 1034 1
Bid.
goe
Buys and sells GRAM, PROVISIONS,
STOCKS, BONDS and COTTON
FOR. CASH OR FUTURE DELIVERY.
Deals In Government, Municipal and Miscellaneous Securities. Owning and operat
ing the most extensive Private "Wire System In tne -world, we can execute large or
small orders more promptly and satisfactorily than any other concern.
"We amarantce to execute orders -when limits are reached. "We do no hold you
responsible for more than the margin you place on a trade. We charge no Inter
est for carrying long stocks.
MARGINS REQUIRED: Grnln, lc per liaaliel; Stocks, $2 per share. Com
mission, srnJn, 1-Sc per buahcl; stocks, 1-4 ot 1 per cent.
"We -will send you our Book of Statistics and Daily Market free. "Write for lt
REFERENCES, 75 National and State Banks.
Main Exchange, Bank of Commerce B'ullding. Minneapolis, Minn. Exchanges
In 75 of the principal towns and cities of the Northwest Including Spokane. Colfax,
Pullman. Ritzvllle, Dayton, Walla "Walla, Moscow, Pendleton. wires under con
struction to Portland. Tacoma, Seattle, Everett, and "Vancouver. B. C.
ND IF "VOL" IIAE AN OPEN TRADE OR ACCOUNT WITH US YOU CAN
1D1 OPERATE IT IN ANY OF OUR T5 OFFICES.
NEW YEAR STARTS WELL
ACTIVITY REIGNS AMONG ALL THE
" INDUSTRIES.
Only Deterrent Features Are tie
Scarcity of Cnrs and of Fuel
Financial Position. Strong.
NEW YORK. Jan. 9. Bradstreefs tomorrow
will say:
The new year starts aggressively and well.
Wholesale distributive trade, It Is true, notes
something of the lull usual at this period of
he year, but even here the uniformity Is
broken by advices that salesmen already on
the road aro receiving good orders for Spring,
and that. In compliance with urgent instruc
tions, shipments of Spring goods are being for
warded liberally.
Among the Industries activity reigns, the only
deterrent features being the scarcity of cars or
of fuel, limiting production of Iron and steel
or curtailing shipments of lumber and grain.
Prices as a wholo show aggressive strength,
present levels being tho highest In over two
years. Corn and cotton. It Is true, havo weak
ened, but the only apparerit result Is that ot
encouraging and expanding export trade, a
movement long anxiously awaited. Eastern
shoe manufactures report that liberal eample
orders are not being followed by solid orders
to the extent expected, and shipments are
smaller than last year and last week. The
scarcity of anthracite coal Is a cause of large
expense. Efforts to keep prices down to a
reasonable level seem to have failed, and spec
ulators are reported In control of the situation.
The iron and steel market is classed as quiet,
but symptoms of activity are numerous.
"Wheat, including flour, -exports for tho week
ending January 8 aggregate 5.09S.951 bushels,
against 3.436.2C0 last week, 3,507.710 In this
week a year ago, and 5,961,095 in 1901. Wheat
exports since July 1 aggregate 135.762,170 bush
els, against 153,313,937 last season, and 103.
874.914 In 1900.
Business failures in the United States for
the week ending January 8 number 835. as
aagalnst 400 last week, 340 in the like week
In 1002, 322 In 1001, 295 In 1900, and 304 In
1509. The failures In Canada number 30.
against 30 last week and 32 in this week a
year ago.
Bank Clearings.
NEW YORK. Jan. 0. The following table.
compiled by Bradstreet, shows tha bank clear
ings at the principal cities for the wek ended
January 8, with the percentage of Increase and
decrease, as compared with tho corresponding
week last year:
Clearings.
$2,015,001,000
Inc
5.1
2.5
8.7
11.3
Dec
New York .....
Chicago
JB,817,000
Boston
Philadelphia
St. Louts
Pittsburg
Baltimore
San Francisco
Cincinnati
Kansas City
Cleveland
Minneapolis
New Orleans
Detroit
Louisville
Indianapolis
Providence
Omaha
Milwaukee
Buffalo
St. Paul
St. Joseph ,
Denver ,. -
Richmond
160,029,000
140.885,000
58.420,000
47.367.000
28.929.000
31.630.188
27.348.000
20,862.000
18.221,000
15.2SS.000.
17.809.000
12.277.000
12.633,000
8.100.000
0,054.000
8.665,000
9,023,000
7.954.000
7.2S3.000
5,017.000
4,727.000
6,207,000
5,552,000
4.816,000
5,370,000
0. 790.000
4.908,000
3.864.000
4.021,409
5,431,000
4.844,000
3.408,000
3,630.000
3.042.768
4,579,000
4.051.000
2.591.000
2.376,000
2.270,000
3.300,000
2.822,000
1.013.000
1.053.000
1.485.O0O
2,158.000
1,730.000
2,027.000
1. C50.000
2,083,000
2 217 422
4 12! 130
1.155.000
L7.H0.0C0
1.25S.O0O
8S1.000
I. 357.000
232.000
553,000
1.037,000
551.000
806.000
840,000
8S3.O0Q
816,000
596.000
767.000
670,000
707.000
621. COO
' 549.000
676.000
259,000
475,000
320,000
248.000
254.000
12.957.000
II. 901.000
. 4,668.000
924,000
1.253,000
017.000
3,212.000
539,000
v3.1
3.5
3.1
18.5
iao
11.4
iic
i.i3
20.4
15.2
9.8
3.2
11.1
13.2
2.7
172
64.6
24.5
39.8
8.6
17.0
25.5
43.4
7.0
30.3
10.8
41.0
25.3
20.8
13.1
0.0
21.1
51.1
49.8
9.1
23.0
5.1
20.1
J 2.0
Savannah
Bait-Lake
9.2
Albany
Los Angeles
Memphis
Fort Worth
Seattle
ashlngton
Hartford
Peoria
Toledo
Portland, Or
Rochester
Atlanta
Dea Moines
New Haven
Worcester
Nashville
Springfield. -Mass ...
Norfolk
Grand Rapids
Scranton
Portland. Me
Sioux City
Augusta
Syracuse
Dayton. O
Tacoma
Spokane. .'
Evansvllle
Birmingham
Fall River
Macon
Little Rock
Mansfield. O
Helena
Knoxvllle
Lowell
Akron .
"Wichita
Springfield. Ill ,
Lexington
New Bedford
Chattanooga
Youngstown
Kalamazoo
Fargo
Canton
Chester
Qulncy ..v
Bloomlngtoft
Sioux Falls ..
Jacksonville. Ill
Fremont
Houston
Galveston
Columbus, O ........
"Wheeling
Wllkesbarre 1
Beaumont -
Utlca
Greensburg, Pa .....
4.0
"6.4
39.3
16.3
6S.4
53.4
6.7
34.1
14.2
&7
17.5
27.1
9.9
23.5
446
11.8
36.4
30.0
10.1
18.0
11.4
22.7
33.2
24.7
68.1
13.3
4.0
4.0
10.5
33.'i
.4.5
20.0
8.8
0.7
Totals. U. S.
Outside N. Y.
....$2,098,027,124
f 9SO,065,427
CANADA.
22.014.000
.... 23.434.279
.... 5,739.314
.... 2.206,484
1.163.834
.... 1.139.475
1.679.626
530.745
1,543.133
.... 2.453,014
1,170,576
0.2
0.4
Montreal
Toronto ..
Winnipeg
Halifax ..
Vancouver,
9.0
10.0
77.1
2.'i
26.0
3.6
B. C.
Hamilton
St. John. N. B
Victoria, B. C.
Quebec
Otta-va
London. Ont .
43.3
Totals, Canada $ 62,000.804 17.0 ..
f
STRONG FINANCIAL POSITION.
Collections Are Prompt nt All Lead
insr Cities.
NEW TQRK.Jan. 9. R. G. Dun's weekly
review of trade tomorrow will say;
Collections are notably prompt at all leading
centers, bearing testimony to the strong finan
cial position of the Nation's Industries at the
opening of the new year. Distribution ot mer
chandise Is heavy, and manufacturers are
pressed for prompt delivery. Orders for Spring
goods come ireeiy, ana in uwu nura iuo -more
than a sample business In Fallwelghts.
Tardy deliveries In the past lead purchaser!
to anticipate requirements more than hereto
fore, and orders aro being placed for In ad
vance of actual needs. The fuel situation is
the one seriously disturbing element, rendering
abnormally high the cost of manufacturing and
restricting tho purchasing power of almost the
entire population. Fortunately, this comes at
a time of exceptional prosperity, or there
would be a general contraction of consumption
in other Jlnes. There is little interruption to
work because of labor disputes, but many op
erations arejnterrupted by the delay in transit
of needed materials.
In the Iron and steel industry, the most sig
nificant event of the week was the discussion
regarding the profit-sharing proposal by the
leading1 producer. Inadequate supplies of coke
Commission Co.
Capital and Surplus, $300,800,00
are still restricting operations. Partially be
cause of the published statistics of supplies,
but more on account of London speculation,
there was a sharp advance In the prices" of tin
and copper, followed by some reaction, due ti
realising sales.
New England producers of wool were busy
on Spring orders, and a few deliveries have
already been made, although shipments aro
light In these lines as yet. Exceptional activ
ity In rubber goods has reduced supplies to an
unusually low point. Some varieties of leath-,
er have advanced slightly, and tanners of hem
lock sole havo only limited holdings.
No fAfltn.., V. n anncamil In f V m A n.
biestlc demand for dry goods. Tho best event
as to cottons has been th continued buying
ror export, which has exceeded expectations
very largely. The print cloth market has ruled
very firm, with business restricted by the re-
servo of sellers, who show no disposition to
make concessions. As to woolen goods, tho
demand for overcoatings for next Fall has not
come up to expectations, which may be attrib
uted, in part, to the fact that the season opened
unusually early. Prices aro fully maintained
at tne opening level jf the season.
Failures for the week number 350 in the
united States, against 378 last year, and 24 la
-anaaa, compared with 27 a year ago.
BRITISH FOREIGN TRADE.
Statistics Give Falrlr General Satis
faction. NEW YORK. Jan. 9. Statistics of the Brit
ish foreign trade in 1002 have given fairly gen
eral satisfaction, says a dispatch to the Trib
une from London, but the croakers are not sat'
lsned that the gains will continue. They assert
that two-thirds of the increase in imnorta la
wheat, and that one-half of It will be offset this
year by an enlarged crop In the United King
dom. "While this may Involve a reduction In
imports. It may not affect the price, and there
is general opinion that there will be no advanci
In the chief artiole of food. Higher prices for
sugar are again predicted, but the same fore
casts were made a year ago and not fulfilled.
The government has been fortunate In levying
the new duties on grain and sugar under con
ditions of supply which have concealed tho
taxation from the consumers. '
It Is fully understood here that the peculiar
conditions ot the understocked American mar
ket explain the gain In pig Iron exports, but
neither statisticians nor merchants venture
predictions respecting the Iron and steel trade
01 uie unuea Stataes this year. There Is
reasunaDie expectation that exnortn of f.l
rails and manufactures of Iron to Japan and
v.uiou win increase.
SAN FRANCISCO MARKETS.
Produce Prices Current in the Bay
City.
SAN FRANCISCO, Jan. 0. The flour market
Is somewhat quieter, but prices are well main
tained. Fancy Oregon apples are firmer. Choice
uregon potatoes are steady. Onions are weak.
Vegetables Garlic. 24S3c per pound; green
puo. jffac per pound; string beans, 608c
per pouna; tomatoes, ?1Q)1 GO; onions, 40080c
gE piant, ffi24c
Apples Choice, $1 CO; common, SOc
Bananas fl 2502 75.
Limes Mexican, 3 404 50.
.vuituruia mmoam unoice, 50; common,
IOC
Oranges Navels, fl 2502 60.
Pineapples f203 50.
Potatoes Early Rose, fl01 10; River Bur
banks, 30050c; river reds. 35240o: Saiinna -n,.-.
banks, 9Oc0fl 15; sweets, fl 60; Oregon Bur-
utUiKS, 1 oca 1 UO.
Poultry Turkey gobblers, 17018c; do hens.
iTJosiers, joffroou; ao young, f607
small broilers. 1304: do lanre. S4EOiff.v trJ
f506 5O; hens, f506; old ducks, f505 50; do
uuuer-ruicy creamery. 31c: do Kno
28c; fancy dairy, 28c; do seconds, 28c
Eggs Store, 274029c; fancy ranch, 33c;
Eastern, 25030c
Cheese Young America, 1840104c; Eastern.
16017c '
Wool Fall Humboldt and Mendocino, 130
14c: mountain, 8010c.
Hay Wheat, f 12015 50; wheat and oats.'
fl2014 50; barley. J8 50010 CO; alfalfa. J80
11 50; clover, J7 5008 60; straw, 500624c per
bale.
Hops-24026c
MUlstuffs Bran, flT 60018 CO; middlings,
f 23024 50.
Receipts Flour, 15.0SO quarter sacks; wheat.
55,677 centals; barley, 4300 centals; oats, 868
centals; beans, 1501 sacks; potatoes. 6765
sacks; bran. 3205 sacks; middlings, 650 sacks:
bay, 724 tons; hides, 720.
' New York Cotton Market.
NEW YORK, Jan. 9. Cotton Futures opened
firm, at an advance of 306 points, and closed
very steady, at net unchanged price to a de
cline of 5 points. January, 8.57?s; February
&59c; March. 8.65c; April. 8.64c; May. acOc
June. 8.64c; July, 8.65c; August. 8.48c; Septem
ber. 8.10c Spot closed quiet; middling uplands
8.00c; do Gulf, 0.15c Sales, 2400 bales.
Wool at St. Louis.
ST. LOUIS. Jan. 0. Wool Unchanged.
ILLUSTRATION No. 6.
Th Oldest Trust Company in Oregon
PORTLAND TRUST COMPANY
of Oregon
Incorporated April 22, 1887.
Nearly two years ago a merchant
thought he would like to buy wheat.
He deposited $10,000 with us upon
a certificate which is payable upon
thirty days' call. From that, day to
this the changes in the wheat mar
ket have been such that he has not
cared to purchase. The money is
still with us, drawing interest for
him. It is available to him at any
time upon giving the required call.
Can you not use similar paper in
your business? Bank certificates
are good to hold. Call on us for
further particulars.
PORTLAND TRUST COMPANT OF OREGON.
NO. 109 THIRD STREET.
POGSON, PEL0UBET & CO.
Accountants
New York
Chicago
St. Louis
Butte
20 Broad Street
Marquette Building
Chemical Building
Hennessy Building
THE PALATIAL
OREGONIAN BUILDING
Not a dark office in the building:
absolutely fireproof; electric Ugbts'
and artesian -water; perfect sasita
Hon and thorough ventilation; ele
vators ran day and night
lleom'
AINSLEE. DR. GEORGE. Physician... 413-41
ANDERSON. GTJSTAV, Attorney-at-Law..8l3
ASSOCIATED PRESS; E. L. Powell. Mgr.. SCO
AUSTEN, F. C, Manager for Oregon an
Washington Bankers' Life Association, of
Des Moines, la 604-508
BANKERS' LIFE ASSOCIATION OF DBS
MOINES. 1A; F. a Austen. Mgr 502-50
BENJAMIN. R. W., Dentist 31
BERNARD, G.. Cashier Padflo Mercantile
Co 211
BINSW ANGER, OTTO E.. Physician and
Surgeon 407-409
BROCK, WILBUR F., Circulator Orego-
ntan 501
BROWN. MTRA. M. D.... 313-314,
BRUERE. DR. G. E., Physician... 412-413-41
CAMPBELL. WM. M., Medical Referee
Equitable Life '09
CANNING, M. J 602-608
CARD WELL, DR. J. R.. Dentist 60
CAUKXN. G. E., District Agent Travelers
Insurance Company .........713
CHICAGO ARTIFICIAL LIMB CO.; W. T.
Dickson. Manager ......G01
CHURCHILL. MRS. E. J .716-717
COFFEY. DR. R. C Surgeon 405-40$
COLUMBIA TELEPHONE COMPANY....
004-605-606-613-614-613
CORNELIUS, C W., Phys. and Surgeon...20
COLLIER. P. F.. Publisher; S. P. McGuire,
Manager ........415
COX, RALSTON. Manager American Guar
anty Co.. ot Chicago 503
CROW, C. P., Timber and Mines. 513
DAT. J. G. & L N SIS
DICKSON, DR. J. F Physician 713-714
EDITORIAL ROOMS Eighth Floo
EVENING TELEGRAM 325 Alder Street
EQUITABLE LIFE ASSURANCE SO
CIETY; L. Samuel, Mgr.; G. S. Smith.
Cashier 309
FENTON, J. D.. Physician and Surg....609-10
FENTON, DR. HICKS C.. Eye and Ear.. ..511
FENTON. MATTHEW F. Dentist 60S
GALVANI. W. H.. Engineer and Draughts
man 600
GEARY. DR. E. P.. Phys. and Surgeon.... 403
GIESY, A. J.. Physician and Surgeon.. 709-710
GILBERT. DR. J. ALLEN, Physician. ..401-402
- GOLDMAN, WILLIAM. Manager Manhat
tan Life Ins. Co,, of New York....... 209-210
GRANT. FRANK S.. Attorney-81-Law'......eiT
GRlSWOLD &. PHEGLEY. Taiijrs
, 131 Sixth Street
HAMMAM BATHS, Turkish and Russian..
300-301-303
HAMMOND, A. B 310
HOLLISTER, DR. O. C Physician and
Surgeon 504-503
IDLE MAN, C M., Attorney-at-Law..4lO-17-ls
JEFFREYS. DR. ANNICE F.. Phys. and
Surgeon Women and Children only 400
JOHNSON, W. C 315-316-317
KADY, MARK T.. Supervisor of Agents.
Mutual Reserve Life Ins. Co.... ...603
LITTLEF1ELD. H. R-. Phys. and Surg 206
MACKAY, DR. A. E., Phys. and Surg.711-713
MANHATTAN LIFE INSURANCE CO. OF
NEW YORK; W. Goldman, Mgr....?.209-210
MARSH, DR. R. J.. Phys, and Surg.....404-40d
McCOY. NEWTON, Attorney-at-Law 713
McELROY. DR. J. G., Phys. & Sur.701-702-703
McFADEN. MISS IDA E., Stenographer... 201
McGINN, HENRY E.. Attomey-at-Law..311-ia
McGUIRE. S. P., Manager P. F. Collier,
Publisher 415
McKENZlE. DR. P. L.. Phys. and Surg..512-M
METT, HENRY 3ia
MILLER, DR. HERBERT C.. Dentist and
Oral Surgeon : e03-0O9
MOSSMAN. DR. E. P.. Dentist 513-51
MUTUAL RESERVE LIFE INS. CO.:
Mark T. Kady. Supervisor of Agento..604603
NICHOLAS. HORACE B., Atiomey-a.t-Law.71tl
NILES. M. M.. Cashier Manhattan Life
Insurance Company of New York....... ..203
NOTTAGE. DR. G. H.. Dentist 60S
OLSEN, J. F.t General Manager Paclfia
Mercantile Co .......211-212-213
OREGON CA51ERA CLUB 214-215-216-217
OREGON INFIRMARY OF OSTEOPATHY
400-110
OREGONIAN BARBER SHOP; Marsch &
George, Proprietors 129 Sixth Street
OREGONIwN EDUCATIONAL BUREAU;
J. F. Strauhal, Manager ........20Q
PACIFIC MERCANTILE CO.; J. F. Olsen,
General Manager ......211-213
PORTLAND EE AND EAR INFIRMARY
Ground Floor, 133 Sixth Street
QUIMBY, L. P. W Gams and Forestry
Warden L 715
REED", C. J., Executive Special Agant Man
hattan Life Ins. Co. of New Yor .'...200
REED, -WALTER. Optician. ..133 Sixth Stmt
IUCKENBACH. DR. J. F.. Eye, Ear. Nose
and Throat ..701-703
ROSENDALE. 0. M.. Metallurgist and
Mining Engineer oio
RYAN. J. B Attorney-at-Law... 513
SAMUEL. L., Manager Equltabla Life.....3Qtf
SHERWOOD. J. W., State Commander K.
O. T. M 317
SMITH. DR. L. B., Osteopath 4U0-41Q
SMITH. GEORGE S.t Cashier Equitable
L-'e - 30
STOLTE. DR CHAS. E.. Dentist 704-703
STOW, F. IL. General Manager Columbia
Telephone Cc ....COS
SURGEON OF THE S. P. RY. AND N. P.
TERMINAL CO. v 70a
SUPERINTENDENT'S OFFICE 20j
THRALL. S. A., President Oregon Camera
Club ........214
TUCKER. DR. GEO. F., Dentist 010-611
U. S. LIGHTHOUSE ENGINEERS. 13TH
D1ST.; Capt. W. C Langfitt. Corps of
Engineers. U. S. A.. ..........80S
U. S. ENGINEER OFFICE RIVER AND
HARBOR IMPROVEMENTS: Captain W.
C Langfltt. Corps of Engineers. U. S. A.. 810
VESTER. A.. Soeclal Agent Manhattan
Life 209
WILEY. DR. JAMES O. C Phys. d4 Sur.703-3
WILSON. DR. EDWARD N., Physician
and Surgeon 304-308
WILSON, DR. GEO. F.. Phys. & Surg.706-707
WILSON. DR. HOLT C. Thy. & Surg.507-50a
WILLAMETTE VALLEY TELE. CO 613
WOOD. DR. W. L.. Physician.. .412-413-414
Offices may be bad by npplylnsr to
tbe superintendent of the building;,
roojn 20I, second floor. .
SiQ CUBE
HO PAY
THE MODERN APPLIANCE. A positive
way to perfect manhood. The VACUUM
TREATMENT cures you without medicine of
all nrvous or diseases of the generative or
gans, such as lost manhood, exhaustive drains,
varicocele, impotency. etc. Men are quickly re
itored t-i perfect health and strength. Write
for circular. Correspondence confldentiaL
THE HEALTH APPLIANCE CO.. rooms 47-43
Safe Deposit building. Seattle. Wash. ,
WWi lifhM mm