THIS MOKKlKGr OK.EGOjTCAN, TUBSUiLY, OCTOI515JS 17,
15
COURSE BF MIRE
Hopmen Differ as -to - Future
of Prices.
SOME LOOK FOR A SLUMP
Break in Values "Would Draw Specu
lative Element Into the Arena.
Plenty of Lots Offering,
but- Few GhoTcc.
HOPS Trade looks for no immediate
Improvement In prices.
BUTTER Agitation started for
lowering of quotations.
EGGS Uncertainty as to local
values.
POULTRY No Inquiry even at low
quotations.
FRUIT Closing of Fair and cool
weather operates against trade.
GROCERIES Advances In rice,
hams and other lines.
The course of the hop market Is being- close
ly watched by men connected with the trade
and a variety of opinions are expressed as to
the future of prices. Dealers are not so
confident their views are correct that they
arc willing to subscribe their names to their
statements. Everyone Hnows it Is impossible
to tell what action the growers will take
and much naturally depends on their attitude
toward the market. Few of the men in the
trade are sanguine of muoh Improvement In
the Immediate future. What will happen
late In the season, of course, bo one pretends
to know.
A prominent Polk County dealer who has
been In the city thus expressed his views: "I
cannot see how this can fall to be an off
year for the growers. The market looks any
thing but strong to me and I am prepared
for a big -slump before long. All the
buying being done Is to fill short contracts and
as soon as this ceases and growers find there
arc no orders In the market, they will fall
over one another in their efforts to sell. When
prices get down below 10 cents there will be
another story to tell. Tou will find speculators
jumping into the market then and buying to
beat the band
A well posted local dealer thinks that prices
will recede when the short covering has
been accomplished, but docs not believe the
market will fall under .JO cents, which Is
no slump at all as prices are but little above
that now. He declares that buying at 10
cents will prevent any further decline.
A few orders wore on hand yesterday, but
dealers find It very difficult to arouse any
Interest on the part of the trade. A great
many hops arc on the market which shows
a willingness on the part of the growers in
all sections to-sell at current rates, but it Is
a fact recognized by all that nothing is
harder than to buy strictly fancy growths at
prices now quoted.
Buyers were out in the country In force
yesterday but the resultc of their operations
were not reported here. Recent . transactions
announced were purchases by Ed. Hen-en, of
31 bales from Henry Voght and 34 bales from
William Brush. They were reported to be
strictly choice and the price paid was 12 and
12V4 cents- Seavey--& Mctzger tin Saturday
night bought 1C9 bales of 1904' at Eugene at
either 10 or 11 cents. "
Mall advices from New York, dated October
11. said. "The market for hops -was gener
ally very firm In tone..' Advices from up the
state reported active markets, with dealers
buying more freely at a steady basis of values
for both the' choice and the lower grades. On
the coast there was an advancing tendency
to prices, and sales are fairly active. More
activity Is also reported in both the London
and the Continental markets."
A London press cable yesterday, however,
quoted the market on Pacifies easy at 50870
shillings.
A timely report on the world's hop crop has
been furnished by Consul Baldwin, of Nurem
berg. It shows a gain of 000,000 American
hundredweight over last year, and suggests
cheaper prices for the coming season. The
report follows:
The Bavarian hop crop promises to be rich
both in quantity and quality, especially In
the Spelt and Hallortau districts, where the
yield this year gives beautiful hops, of full
size and rich quality.
Bohemia will also have an abundant crop
The Saaz district Is estimated to yield this
year 210,000 American hundredweight,
against 110,000 last year, the Auscha district
77 000 hundredweight, against 47,000 last year.
The world's hop crop is estimated as follows
in American hundredweights:
Germany
Bavaria ' 30S.000
Wurtemberg SS.000
Baden 44.000
Alsace 110.000
Prussia 33,000 363,000
Austria
Saaz district 200.000
Auscha district 77,000
Dauba district 22,000
Gallcla 22.000
All other districts 47.000 377.000
Russia 60.000
Belgium 110,000
France 06.000
England COD. 000
America 526.000
Australia 1G.000
To'.al 2,351.000
This Is about 600,000 hundredweight more
than l86t year. v
Undoubtedly lower prices may be expected
for the forthcoming hop season. At present
Bavarian hops, medium quality, are offered
here at $11' to $13 per American handred
wclght: better quality from $13 to $15; finest
quality from $18 to $20. In Bohemia. Auscha
quality Is offered at $15 to $17 per hundred
weight: Saaz quality at $21 to $25.
EGG PRICES UNCERTAIN.
Buyers Object to an Advance in Oregon
Quotations. ,
There was some confusion on Front street
yesterday as to how eggs should be quoted,
Efforts to realize 30 cents on Oregon stock
were not alwayn successful and some firms
that put out that price Saturday were forced
to recede. Quotations, therefore, ran all the
way from 28 to 30. Fresh Oregon stock was
not at all plentiful and.it Is probable all the
not at all plentiful end it is probable that
price all allong the street.
A considerable quantity of poultry was on
sale, but It went a begging as buyers declined
to pay even the low prices asked.
MAY LOWER BUTTER PRICES.
City Creamery Men In Favor of a Change
Condition's in Eattt.
The depressed condition of the butter mar
ket has caused an agitation to be started
among local creamery men for a revision of
prices. A meeting of the city manufacturers
will be held shortly to discuss tho matter
of lowering quotations In view of the Increased
supply of cream and lessened local movement.
City creamery men are quoting 300324
cents for extra creamery butter and are prob
ably doing the larger part of their business
at the lower figure, while they are buying the
raw product at the higher.
The high Portland price also Induces the
Moment of Eastern butter here, which, of
course, does not help the Industry. The Chi
cago and Elgin markets continue firm and the
latter advanced yesterday, but the production
in that section of the country Is Immense,
showing an increase of 44 per cent in Sep
tember over August and 27 per cent in August
over July. So that when the tide turns and
values drop, it is feared somo of the surplus
may bo shoved off on" this coast.
Front street Is also week on butter and can
only keep down on accumulation by more or
Ices shading of prices.
FRUIT TRADE LIGHTER.
Increase in Country Business May Offset
Slack in City Demand.
The opening of the week did not exhibit a
very active market on Front street. The
closing of the Exposition and the cool
weather operated against the fruit trade, but
the normal movement is expected to be soon
resumed. Jobbers believe that the increase In
country business from now on will offset
any falling off In city trade.
Grapes of all descriptions were In good sup
ply and generally met with fair demand at
last week's prices. Several shipments of
peaches were received and the best lots
brought $1.15. Some small stock sold at 75
cents. The usual car of sweet potatoes ar
rived. Advances In Hams and Other line.
A new local price oard on. smoked meats
Issued yesterday quoted on advance of one
cent on cottage hams.
Rice quotations have been advanced. Japan
now soiling at S4.30S4.50 and Carolina 6.30.
A marked advance in canned asparagus It
alFO noted.
Gasoline has been marked up one cent, stove
gasoline being quoted at 25 cents: 72 test at
27 cents; SO test at 35 cents and tanks, 18
cents.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings.
Portland $1,173,000
Seattlo L315.000
Taeoma 670.225
Spokane 09S.43U
Balances.
$110,748
235.640
3S.75S
69,072
PORTLAND QUOTATIONS.
Grain. Flour, Feed, Etc
WHEAT Club. 72c per bushel; bluestem,
75c; Valley, 71(8 72c
FLOUR Patents. J4.20S4.60 per "barrel;
straights. $3.90(24.16; clears. $3.653.0: Val
ley. $3,606-4.10; Dakota hard wheat. $0,503
7.25; Graham. f3.25Q3.75; whole wheat, $3.75
G4; rye flour, local. $5; Eastern. $5.5025.00;
commeal. per bale. fl.60Q2.20.
OATS No. 1 white feed. J24024.5O; gray.
$24624.50 per ton.
MILLSTUFFS Bran. $18 per ton: middlings.
$24.50: shorts. $10; chop. V. S. Mills. $18:
linseed dairy feed, $18; a leal fa meal. $1S per
ton.
BARLEY Feed. $20.50021 per ton; brewing.
$21.50022: rolled. $21.50022.
RYE $1.4091.45 per cental.
CEREAL FOODS-rRolled oats, cream. 00
pound sacks. $0.75: lower grades. $566.25; oat
meal, steel cut. 50-pound sacks. $8 per bar
rel; 10-pound sacks. $4.25 per bale: oatmeal
(ground). 50-pound sacks. $7.50 per barrel;
10-pound sacks. $4 per bale; split peas. $5
per 100-pound sack; 25-pound boxes. $1.40:
pearl barley, $4.25 per 100 pounds; 25-pound
boxes, $1.25 per box; pastry flour. 10-pound
sacks. $2.50 per bale.
HAY Eastern Oregon timothy. $14015 per
ton; Valley timothy. $11012: clover. $S&9;
cheat. $7.6039; grain hay. $6Q8.
Vegetables, Fruit, Etc
DOMESTIC FRUITS Apples. $101.75 per
box; peaches. 75o$1.15 per crate; cantaloupes,
75ej$1.25 per crate; pears. $1.2581.50 per box;
crabapples, $1 per box; grapes, muscat. $1.25
a box; Tokay. $lgi.50: black. $1L25: Con
cord. 15"435c; cranberries. $9.50010 per bar
rel; quinces. $1 per box.
TROPICAL FRUITS Lemons, choice. $4 -per
box; fancy. $5; oranges, Valencia, fancy.
$55.25 per box; grapefruit. $303.50; pine- '
apples. $2.50 per dozen; pomegranates. $1.63
per box.
FRESH VEGETABLES Beans. 104c per
pound; cabbage. 101Uc per pound: cauli
flower, 75c per dozen; celery 76c per dozens
corn. bc per sack; cucumbers. Ifl3c per
dozen; egg plant. $1.75 per crate: DODDers. Se
per pound; pumpkins, 301c; tomatoes, 30
Vf 40c per crate; sprouts, Oc per pound;
squash, ?lc per pound.
ROOT VEGETABLES Turnips. 90cG$l per
sack; carrots. 65075c per sack; beets, 85c(9
$1 Der sack: garlic 12Hc per pound.
ONIONS Oregon Yellow Danvcrs. $101.23
per sack.
POTATOES . Oregon fancy. 65065c -per
sack; common, nominal; Merced sweets. 2Q
2c per pound.
DRIED FRUITS Apples. 7p0c per pound:
apricots. 12012c; peaches. lOH012Kc; pears,
none: Italian prunes, none; California figs,
white. 406c per pound: black. 405c; bricks,
12-14-ounce packages, 75Q65c per box; 56
ounce. $262.40: Smyrna. 20c ncr round: dates.
Fard. $1.40 rer 15-pound case.
RAISINS Seeded, 12-ounce packages, 8Sc;
10-ounce, 90 10c ; loose muscatels. 2-crown,
"frr'Ac. 3-crown 7U07c. 4-crown .SttSNc: un
bleached seedless Sultanas, 607c; Thompson's
seedless unbleached, 808; Thompson's fancy
unbleached. 1212c; London layers, S-crown
whole boxes of 20 pounds, $1.75; 2-crown, $2.
Butter, Eggs, Poultry, Etc
BUTTER City creameries: Extra creamery.
3003214c per -pound. State creameries: Fancy
creamer. 2530c; store butter. 150 IGc.
EGGS Oregon ranch. 28029c: Eastern. 24
025c: storage. 22024c
CHEESE Oregon full cream twins. 13Vi0r
1414c: Young America. 14015'Xc.
' POULTRY Average old hens. 10011c;
mixed chickens. lO01O?c old roosters. Sfhc;
young roosters. lO011'4e; Springs. 10012c;
dressed chickens. 12012Hc; turkeys, live. J4H
016c: turkeys, dressed, choice. 15019c: geese.
live, per pound, SQ9c; geese dressed, per'
pouna. jusjjic; aucxs. J3Qic; pigeons, xi
01.25; squabs. $202.50.
Groceries, Nuts, Etc
COFFEE Mocha. 2602Sc: Java, ordlnarv.
18022c: Costa Rica, fancy. 16020c; good. 160
18c; ordinary. 10012c twr pound: Columbia
roast, cases. 100s. $14.25; 50s. $14.23; Ar-
RICE Imperial Japan. No. 1. SHc: South'
ern Japan. 4.3034.50c: Carolina. 6Uc
SALMON Columbia River. 1-pound tails.
$1.75 per dozen; 2-pound talis. $2.40; 1-pound
flats. $1.85; fancy. 1014-Pound flats. $1.80:
impound flats. $1.10; Alaska pink. 1-pound
tails. 90c; red, 1-pound tails. $1.25; eockeye.
1-pound tails. $1.70.
SUGAR Sack basis. 100 Bounds: Cube.
$5.75; powdered, $5.50; dry granulated, $5.40;
extra j. j.w; goiaen . .; mm sugar.
$5.40: advances over sack basis ah follows:
Barrels. 10c: half-barrels, 25c; boxes, 50c
per 100 pounds. (Terms: On remittance with
in 15 days, deduct c per pound; If later
than J& aays .ana witnin so days, deduct Mc
per pound; no discount after 30 days.) Beet
sugar, granuiaiea. per 100 pounds; ma
nle sugar. 16018c per pound.
SALT California. $11 per ton, $1.60 per
Daie; Liverpool, i; iuus. J16.W); 300s,
$16: half-pound 100s. $7; 50s, $7.50.
NUTS Walnuts. 15Vic per pound by sack.
lc extra for lees than tack; Brazil nuts. 16c;
filberts. 16c: pecans, jumbos. 16e: extra, lartre.
17c; almonds. I. X. L., 16c; chestnuts, Ital
ians, 15c; Ohio. $4.60 per 25-pound drum;
peanuts, raw. 74c per pound; roasted. 9c;
pmenuts. iuru:c; nicicory nuts. 7c: cocoa'
nuts, 7c: cocoanuts. 35090c per dozen.
BEANS Small white, 40-4Uc: large white.
5.10c; pins, ac; oayou, ; Lima, cc
Hops, Wool, Hides, Etc;
HOPS Oregon. 1905. choice. 11013c; olds. 10
WOOL Eastern Oregon average best- ISO
21c: lower grades down to 15c. according to
fcnnnttage: vaney, zzt?ic per pound.
MOHAIR Choice." 30c Der wound.
HIDES Dry hides: -No. 1, 16 pounds and
up. Jbstiic per pouna; cry kip. No. l. o to
10 pounds. 14015c per pound: drv calf. No.
1. under S pounds. 17016c; dry salted, bulls
and stags, one-third less than dry flint; (culls,
moth-eaten, badly cut. scored, murrain, hair
clipped, weather-beaten or grubby. 203c per
pound less). Salted hides: Steers, sound. CO
pounds and over, 9010c per pound; 50 to CO
pounoa. uc per pound; under 50 and cows,
809c per pound; salted kip. eound.
16 to SO pounds. 9c per pound: salted veal.
sound, 10 to 14 pounds, 9c per pound; salted
calf, sound, under 10 pounds. 10c per pound;
(green unsalted. lc per -pound less; culls, lc
per pouna lees), bneep skins: sneariings. No.
1 butchers' stock. 25030c each: short wool.
rco. i outrners" mock. 40050c each: medium,
wool. No. 1 butchers' stock. 00060c: long wooL
No. .1 butchers' stock. $101.50 each. Murrain
pelts from 10 to 20 per cent lees or 12rM4e
per pound; horse hides, salted, each, accord
ing to size. $101.50; colts' hides. 25 g 50c
cacn; goal sKins. common, juujoc each; An
cora with wool on. 25c1.50 each.
BEESWAX Good, clean and pure. 20022c
per pound.
TALLOW Prime, per pound. 3?3U,e; No. 2
and grease. 203c.
FURS Bear skins, as to else. No. 1 $2.5O0
10 each: cubs. $102; badger. 25Q50c: wild
cat. with head perfect. 25050c: hoube cats.
6010c"; fox common gray. 50070c; red. $30
6; cross. $5015. silver and black. $1000200;
fishers. $506; lynx. $4.5006; mink, strictly No.
1. according to size. $102.50: marten, dark
Northern, according to size and color, $10015;
marten, pale. pine, according to size and
color. $2.5004: muskrat, large. 10015c; skunk.
40050c; civet or polecat. 5010c; otter, large,
prl.oe skin, $6010: panther, with head and
clawi .perfect. $205; raccoon, prime, 30G5Oc;
mountain wolf, with head perfect. $3.5005:
coyote, ,60c' wolverine, $608; besvtr. per
skin, large. $506; medium. $304; small. $1
1.60: kits. 50076c
CASCARA SAG RAD A (Chlttara bark)
23c according to quality.
Provisions and Canned Meats.
HAMS 10 to 14 pounds, 14c per pound;
14 to 16 pounds. 13c: IS to 20 pound?.
California (picnic). 9&c; cottage hams, 9c;
shoulders, 9c; boiled ham. 21c; boiled lcnlc
ham. boneless. 16c
DRY SALT CURED Regular short clears,
11c; dry salt. 12c smoked; clear backs. 11c:
dry salt. 12c smoked: clear bellies. 14 to 17
pounds average, none; Oregon exports. 20 to
25 pounds average, llc; dry salt. J2ic
smoked; Union butts. 10 to 18 pounds aver
age, none.
BACON Fancy breakfast. lOHe per pound:
standard breakfast. ITc; choice. 16c; English
breakfatt. 11 to 14 pounds. 15c; peach ba
con, 14c
PICKLED GOODS-Pork. barrels. $18: Vr
barrels. $9.50: beef, barrels. $12; half-bar
rels. $6.50.
SAUSAGE Ham. 13c per pound: minced
ham. 10c: Summer, choice dry. I7ttc: bo
logna, long. Site: welnerwurst. Sc; liver. 6c;
porK. v&iuc; ncaacneese, oc; Diooa. gc; bo-
CANNED MEATS Corned beef. pounds.
per dozen. $1.23; two pounds. $2.5: eix
pounds. $8. Roast beef. flat, pounds. $1.25:
two sounds. $2.23: six pounds, none. Roast
beef. talL pounds, none; two pounds, $2.35;
six pounds, none. Lunch tongue, pounds,
$3.15. Roast mutton, six pounds. $8.50.
LARD-Lear iara. xeiuc rendered, tierces,
lie; tubs. HUc: 50s. llllc: 20s. llKc; 10s.
llic; 5a. llT4c Standard pure: Tierces. 10c:
tubs. lOilc: 50s. lOUc; 20a. 10?:: 10s. 10lc:
3. 10c Compound: Tierces. 6c; tubs. 6Uc;
50s. ttttc; li. oc; as. oiic
Oils.
TURPENTINE Cases. 91c per gallon.
WHITE LEAD Ton lots. 7Uc: SOO-nonnd
lots. 7V.c: les than 50O-round lots. Pc
GASOLINE Stove- gasoline, cases. 25c: 72
test. 27c; 68 test, 35c; Iron tanks, 19c
COAL OIL Cases. $2.05 per .case; iron bar
rels. 15e per gallon; wood barrels. 18c .
LINSEED OIL Raw. 5-barrel lots. 4Sc:
1-barrel lots. 50c t cases. 55c; boiled. 5-harreI
lots. 31c; 1-barrel lots. 52c; cases; 57c
Dressed Meats. "
BEEF Dressed bulls. 102c per pound: cowtt
34c: country steers. 404HC
VEAL Dressed. 75 to 125 pound. GiS7e;
125 to -200 pounds. 305c; 200 pounds and up,
303c.
MUTTON Dressed, fancy. OViB c per pound:
ordinary. 465c; lambs. 707Hc
PORK Drersea. JOO to ISO pounds, 70THC;
150 and up. C06c per pound.
LITTLE WHEAT FOR IE
SMALIi OFFERINGS GIVE CHI
CAGO 3IARKET STRENGTH.
Active Demand for Flour in North
west Adds to Bullish Tone
of the Trading.
CHICAGO. Oct. 16. Strength In the wheat
market developed jsoon after the opening. At
the start, sentiment In the wheat pit was a
trifle bearish and Initial quotations on Decem
ber were oft Kttc at S5U?S5?c Lower
prices for wheat at Liverpool 'provided an In
centive for selling at the outset. Weakness
at the English market was attributed to freer
offerings of Russian and Manitoba wheat.
There was, however, very little wheat for
sale here. In consequence, a comparatively
small demand from a prominent long was suf
ficient to cause a rally before the end of the
first hour. The advance was helped along by
the announcement of a .decrease of 3,374.000
bushels in t&o amount of breadstuff on ocean
passage. Throughout' the remainder of the
session the market continued strong on con
tinuance of support from the bull leader. The
total value of trading, however, was small.
Active demand for flour In the Northwest
helped, to maintain the bullish enthusiasm.
For "December, the highest point of the day
was reacher at S5fi8c The market closed
strong, with December ?c up at SSftc
Likelihood of an Increased movement of corn
In the near future had a bearish effect on
corn. The market neia sieaay uirougnouu
December closed at 44c unchanged from
yesterday.
The oats market was firm, December clos
ing unchanged at 2$V52KsC.
Provisions were steady. At the close both
January pork and lard were unchanged and
ribs were on; a,sbadc
xne leading tuiures rangea as xeiiewe:
WHEAT.
' 'Open. High.
Low. Clone.
December
May
$ -85X $ .66
.86 .87
CORN.
.49 .60
' .45 .45
.44 .44
.43' .43
OATS.
$ 48 $ .KTi
.87
October ...
Dec (old)..
Dec (new).
May
October . .
2SU
December
. .2SX .2SU
. .30 .30Tfc
MESS PORK.
.2Si .2ofc
-30.i .30T
May
October
January 12.55 1200
1S.S74
12.55
12.55
LARD.
October . 7.20 7.20 7.17
November 7.25 7.25 ' 7.22'i,
7.20
7.25
6.90
January 0.00 C.92V& 0.90
SHORT RIBS.
October 8.63 8.05 S.47
S-7
C.57
January 0.5714 0.00 0.37&
Cash quotations were as follows:
Flour Steady.
Wheat No. 2 Spring. 84gS0c; No. 3, 76
6S3c: No. 2 red. PCS0Uc
Corn No. 2, 50V.51c; o. 3 yollow, S2&
Oats No. 2, 2Sc; No. 2 white. 23 Vic; No.
3 white. 2Sg29c
Rye No. 2. 09c '
. Barley Good feeding, 36c; fair to ' choice
malting. 4045c
Flaxseed No. 1, 93c; No. 1 Northwestern,
99c
Mess pork Per barrel, $15.75815. ST Vr
Lard Per 100 pounds. $7.22H.
Short-ribs sides Loose. fS. 45 8.00.
Short clear 'sides Boxed. $Sg&25.
Clover Contract grade, $12.50.
Receipts.
Shipments.
Flour, barrels .
Wheat, bushels
Corn, bushels ..
Oats, bashels . .
Rye. bushels :.
Barley, buthcls
1.000
22500
.... K2.OO0
251.600
.615.200
13.000
....215.100
24.300
282,700
31. JOO
R.000
17.800
Grain and Produce at New York.
NEW YORK. Oct. 16. Flour Receipts, 20,
700 barrels: exports, 11,800- barrels. Market.
steady, but quiet.
Wheat Receipts, 161.100 bushels. Spot. firm.
No. 2 red, 909c elevator and 91Hc f. . b.
afloat; No. 1 Northern Duluth, 9X;c f. o. b
afloat. Options closed H6ic net higher. May
closed 90c; December. 00T4c
Hops, hides and leather Firm.
Wool Steady.
Grain at San Francico.
SAN FRANCISCO, Oct. 16. Wheat and bar
ley, stronger.
Spot quotations:
Wheat Shipping. $I7iei-5j milling. $1.50
61.60.
Barley Feed, $L10-1.12l4: -brewing. $L133J
01-15. ,
Oats Red. $1.1591.50; white. $1.2581.35;
Mack. $1.2501.75.
Call-board sales:
Wheat December. $1.384.
Barley December. $1.13v
Corn-liarge yellow. $lC7e 1-42V-
Minneapolis Wheat Market;
MINNEAPOLIS. Oct. 10. Wheat December,
SlVie; aiay. tiB-VWc; :vo. 1 nam. hf?c; iso.
1 Northern, S3c; No. 2 Northern. S0c
Wheat at Liverpool.
LIVERPOOL. Oct. 16. Wheat December. Cs
10i5: March, 6a 9Vd. Weather in England
today, fine.
Wheat at Tacoma.
TACOMA. Oct. 16. Wheat, unchanged; blue-
stem, 75c: club, 6Sc
Dairy Produce in the East.
ELGIN. 111.. Oct. 16. Butter. Arm at 22c
per pound; sales for the week. 764,000 pounds.
CHICAGO. Oct. 16. On the Produce Ex
change today the butter market was firm;
creameries. 17K921c: dairies, 16ei9c Eggs,
firm at mark, cases Included. 1715c; flrsts, 19c;
prime flrsts, 21c; extras, 23c Cheese, firm.
liueusc
NEW YORK. Oct. 16. Butter. Arm; street
prices extra creamery. 211Q22c; official price
extra creamery. 1602114c; Western factor,
eommon to extra, 15317lc Cheese. tedy.
Eggs, quiet; Western extra firsts. 2323!&c:
Western seconds, 1620c
.49 .50
.4414 -44K
.44 .44
.483
LICK OF PRESSURE
No Movement to Force Stocks
on New York Market.
ATTITUDE IS CONSERVATIVE
Apprehension That Final Arrange--mehts
for Payment of Japa
nese Iioan Would Disturb
' Conditions Unrounded:
NEW YORK. Oct. 16. The spirit of enter
prise was practically dofroant In. the stock
market today and the amount of business
dbno was lnslgnlflcant. Habitual operators
In stocks And no encouragement to-, take part
fn the market In the face of the admonitory
attitude of bankers and lnfluenUal capitalists
and the cautionary tone of public comment en
the situation. On the other hand there is no
obvious pressure of stockd In the market seek
ing liquidation and professional operators for
this reason refrain from attacks on the
market la attempts to get prices lower.
Today's immediate developments wre cal
culated, to Inspire respect for the conservative
attitude maintained by the great Interests to
ward the market. There was no flurry
In the money market and no active re
call of .Its credit calculated to farce
stocks on the market, but the tendency of
quotations for money was clearly upwards In
all the great money centers and no new
eource of relief from the money pressure was
uncovered.
Apprehensions that the final arrangements
for the payment of the Japanese loan sub
scription would disturb the local money mar
ket proved unfounded and apparently the pay
ments on that account were quickly " re
de posited and made their reappearance In
the money market. But beyond the Immediate
erxecf 01 the actual passing or tnese lunds
Interest attaches to the ultimate destination
of the deposits thus secured to the credit of
the Japanese government. It Is the general
supposition that the proceeds of the earlier
loan In. settlements, formerly cn -deposit In
New York, have been pretty completely re
mitted to foreign depositories, so that the
present desposlts of the Japaneee government
in New York may be presumed to amount ap
proximately to the sum of the portion of the
last loan placed In New York, which would
call for about $40,000,000. There Is no ex
pectation that Hhls amount would be left In
New York for any long period, the conjecture
in banking circles pointing to the end of the
year as the probable period for completing
the remittance.
The foreign exchange market was notably
strong today and this prompted an Inter
ference that preparations were already making
for remittance of the Japanese funds. The
supply of bills for exchange also comes from
former borrowers of foreign funds who cal
culated upon a supply of exchange at this
time to buy bills at a profit for repayment of
other loans. This course of events has led
to the definite abandonment of the hope of
securing any additional gold for New York
In the immediate future, and It Is generally
believed that no" further supplied are likely
to be secured for the rest of the year. It Is
plain that the Bank of England has secured
definite control of the London money market
and London expects an advance in the bank
rate of discount Thursday.
The inelasticity of the market was a com
prehensive feature and the small early de
clines were rather more than recovered on
the dull absorption 1 of the day. The special
firmness of the coalers was dHe to the con
sideration of last week's purchase of the Cox
Bros, property. The -market closed firm but
seral-tagnant.
Bonds were Irregular. Total sales, par value
2.a000. United States bonds .were allun-
ctuingca en call.
CLOSING STOCK QUOTATIONS.
Closing
Kaics. nigs. low. bid.
Adams Exoress
23i
Amalgamated Copper 2U.W0 oSti,
84
100
30i
&5
37n
99i
92
33
2SS
3T14
40U
58Ti
Am. Car & Foundry- 100 37i
ao prererrea 200 100
American Cotton III 400 31
do preferred -
American Express
Am. Hd. & Lth. Dfd. 100 3314 331
American Ice 100 27 27
American Linseed OH
do preferred
American Locomotive 10,300 60)4 5X
do preferred
200 1134 113
113
Am. Smelt. & Refln. 13.300 127:1 1261s 125
uu jircicrrru ...... -tuu 1.1 121
Am. Sugar Refining 200 140 140
Amer. Tobacco pfd.. 200 10214 102
120
140U
102
117
as;
104
Anaconda Mining Co. 200 116 116
Atchison l.SOO 89 8STi
do preferred
Atlantic Coast Line.
161
Baltimore & Ohio 2.500 112 lllli 112
do preferred os'.t
urooK. ivapm iracAii id.iuu aVs a 174 7lri
Canadian Pacific 12.300 172 170; 170
Central Leather .... 1.700 4Fi 45H 40
do preferred 300. 104 -J 104 104
Central of N. Jersey 1.500 220 219 220
Chesapeake & Ohio.. 3.300 57 56
Chicago & Alton 36
do preferred K. 75
Chicago GL Western 1,600 22 2l?l 214
Chicago Northwest. 500 21714 216 217
Chi., Mil. Sc St. Paul 9.900 180c 179H 180
Chi. Term. & Transit
IS
do preferred ......
C. C. C & St. Louis
Colorado Fuel z Iron
Colorado & Southern.
do let preferred....
do 2d preferred....
Consolidated Gas ...
Corn Products ......
do preferred '
Delaware & Hudson..
Del.. Lack. & West,
Denver & Rio Grande
.10
9S
500
300
46
2S
45
2SS
45
23
62
400 43U 43
48
ISfilA
500 13H
400 54
13S
54
53
4.000 223JJ 223
222
200 4'JSVi 493
100 34!i 34
495
34
do preferred
S7
Distillers SecuriUes
Erie 6,200 4Si 4Si
do 1st preferred.... 760 81 SI
do 2d preferred.... 200 71T4 71f5
General Electric 100 ISO ISO
Hocking Valley
Illinois Central 400 179 179
International Paper.. '
do preferred 200 60 7915
International Pump.. .....
do preferred
Iowa Central 1.300 2314 2S&
- do preferred 2,100 5S 57
Kansas City Southern
3o preferred
4S4
11
711
1794
83
179
794
26.
83
si
55
23
521i
Louisville & Nashv.. 2.S00 J 514 13t
Manhattan L.
i jwi inn
400 81 gna; sot;
Met. Securities
Metropolitan St. Ry.
Mexican Central ....
Minn. &. St. Louis...
M.. St. P. Sz S. S. M.
do preferred ......
300 126i 125Ti 12.W
300 2?i 21U 24
j.fw i ai S3
200 ISSli 13S 1.T7U
IB1
MlMOUrt Pacific 2.500 104
Mo.. Kanf. & Texas ,1.400 32t
do preferred 100 ffi
National Lead 100 47
Mex. Nat. R. R. pfd
10Si 1044
S 6SI3
ao
14S 140
New York Central... 4.2PO nn
N. Y.. Ont. & Wx. mo
Norfolk & Western.. 2.300
54
6
534 SX-k
R3H
do preferred .
Northern Pacific
North American
Pacific Mall ...
Pennsylvania . .
People's Gas . .
.)
205 206
200 206
200 9S
07 374
1,400 47
16.700 141 14.TK 144t
103 102i 102i
P.. C. C U St. Louis
Pressed Steel Car 600 46 46
45;
Pullman Palace Car. 300 251 251
Reading 32,900 1211, 120U 121;
do 1st preferred....
m n
92
00 2d prererreu
Republic Steel
. 11.200
. 3.700
. 7.300
200
26, 254 2rt
do preferred ......
Rook Island Co.
do preferred ......
Rubber Goodt-
do preferred
Schk5s-SheSIeId
St. L. & S. F. 2d pfd.
St, Louis Southwest
do preferred ......
Southern Pacific ....
do preferred ......
Southern Railway ...
do preferred
Tenn. Coal & Iron..
Texas & Pacific
Tol.. St. L. & West,
do preferred
Union Pacific
do preferred ......
U. S. Express
U. S. Realty
U. S. Rubber
do preferred
U. S. Steel
do preferred
Ylrg.-Cara Chemical
do preferred
Wabanh
do preferred
Wells-Fargo Express.
Weetltnghouse Elect.
Western Union .....
95V 944 5
.El xha
78 784 7SU
30
JICI
70
69 fiK4 60
500
200
200
8.500
5.P00
400
flOO
300
24 234 23
lll'.i liVifc III
094 6SH 6S
113!
36 S5S4 Xri
99 99 0Si
wi St
34 3414 34U
30
55 55 55U
100
l.CJ 131 l.XTN,
96
120
S5
200 52 524 31
400 111 1UC lilt;
27.30O .Tfli .TT'i
D.GOO 104:4 I04S 104
32
106
21
oo 21;
1.700 1 42
214
41T4
' 2TC
167
9-15
16
100 -93 93
Wheeling & L. Eric ...
Wisconsin Central.. 1.100 32
do preferred ...... 2,000 62i
311
61
63
Total sales for the day. 368,200 shares.
BONDS.
NEW YORK. Oct. 16. Closing quotations:
U. S. rcf. 2s reg.!03H!D. & R. O. 4.1...101U
ao coupon iob r
U. S. 3s reg 103
N. Y. C. G. 3i. 905i
Nor. Pacific 3s.. 75 Vi
00 coupon 104 y
Nor. Pacific 4s..l04H
So. Pacific 4s... 03 U
Union Pacific 4s. 103
Wis. Central 4s.. 06 i
JaD. 6s. 2d ser. . 93
U. S. new 4a reg.133
do coupon.... .134
U. S. old -Is reg. 104
do coupon . 104 i
Atchison Adj. 4s 90
Uap. 413s. cer.... 00 H
Stocks at London. s
LONDON'. Oct. 10. Consols for money.
SS 1-16; consols for account, SSH.
Anaconda QM I Norfolk & West. SS
Atchison 90 !! do preferred... 95
do .preferred. ..107 (Ontario & West. 55U
Baltimore & O. .115 Pennsylvania ... 73i
Can. Pacific 175 Rand Mines 8i
Ches. & Ohio... 3S14lReadIng 62
C. Gt. Western. 22 I do 1st pref.... 43
C M. & St, P. .185 I do 2d pref 301i
DeBeers ., 18 So. Railway 38i
D. Sc R. Grande. 34! do preferred... 102
. do preferred... OOUISo. Pacific 70 ?i
Erie 49 Union Pacific... 1351
do 1st pref ... . S31i
do preferred
00 2d prei.... 94
Illinois Central. 183
Louis. & Nash.. 156
U. S. Steel 3STi
do preferred. ..107ai
Wabash 22
Mo.. Kas. & T.. 32-
do preferred... 42&
N. Y. Central... 153 iSpanlsh Fours
93 H
Money; Exchange, Etc
NEW YORK. Oct. 10. Money on call, firm,
1S Pr cent; closing bid. 3 per cent, of
fered 4 per cent. Time money, firm; GO days,
5 per cent; 90 days, 5 per cent; six months,
445 per cent. Prime mercantile paper. &Q
51a per cent. , '
Sterling- exchange, strong, with actual busi
ness In bankers' bills at $4.859584.86 for de
mand and at $4.824084.8245 for CO days. Post
ed rates. $4.83 and $4.&6Q4.87. Commercial
bills. $4.S24.S2.
Bar sliver. 62c
Mexican dollars, 46c.
Bonds Government, steady: railroad, irregu
lar.
LONDON. Oct. 16. Bar silver; firm, 2S4d
per ounce.
Money. 3 per cent,
The rate of discount In the open market for
short bills Is 3 per cent; do for three months'
bills; 484 per cent-
SAN FRANCISCO. Oct, 16. Silver bars, 62c.
Mexican dollars, nominal.
Drafts Sight. 3c: do telegraph. 5c
Sterling. 60 days, $4.83; slghC $4.86.
Daily Treasury Statement.
WASHINGTON. Oet. 16. Today statement
of the Treasury balances In the general fund
shows:
Available cash balances $131,251,270
Gold coin and bullion 73.362.S1S
Gold certificates 45,843,750
LIVESTOCK MARKETS.
Prices Quoted Locally on Cattle. Sheep and
Hogs.
Good sheep and cattle are strong and the
former arc quoted higher.
The following livestock prices .were quoted
yesterday In the local market:
CATTLE Best Eastern Oregon steers. $3?
3.25: good cows, $2.25132.50: common cows.
$1.501.75: calves, 125 to 150 pounds, $5; 200
to 250 pounds, $3.5064.
SHEEP Best Eastern Oregon and Valley.
$3.754.2S.
HOGS Best large fat hog?. $096.25.
EASTERN LIVESTOCK.
Prices Current at Kansas City. Omaha and
Chicago.
KANSAS CITY. Mo.. Oct, 16. Cattle Re
ceipts. 4009. Market, steady to a shade
lower; native steers, $4.2566.10; native cows
and heifers; $1.75414.75; stockers and feeders.
J2.75g4.25; bulls, $2.0083.00; calves. $2.50
6.23; Western steers, $2.7534.25; Western
cows. $1.75f 3.25.
Hogs Receipts, 7000. Market weak to 5c
lower; bulk. $5.15S.22: heavy, $5.15-85.25;
packers. $5.1595.25; pigs and light. $3.00
5.22. . ,
Sheep Receipts, S0OO. Market strong: mut
tons. $4.CO5.25; lambs, $3.5097.25; range
wethers. $4.503.25; fed ewes. $4.0034.60.
SOUTH OMAHA. Oet. 16. Cattle Receipts.
10.400; market slower to 10c lower; native
steers. $4.005.85; cows and heifers. $2.75
4.50; Western steers. $3.0OQ4.90; Texaa steers,
$2.7563.85; cows and heifers. $2.0083.30;
stockers and feeders. $2.25124.10; calves, $2.50
ti5.25; bulls, stags, etc., $2.0083.50.
Hoes Receipts. 1000. Market steady: heavy.
$4.9003.20: mixed. $5.0003.10; light. $5.15
5.23; pigs. $4.50S.OO; bulk of sales. $5.00
5.20.
Sheep Receipts. 25.000. Market, strong and
steady; "Western. $5.2530.50; wethers, $4.
65:10; ewes. $4.2084.80; Jambs, $3.757.10.
CHICAGO. Oct, 16. Cattle Receipts. 30,-
OOO. Market, steady to 10c lower; beeves.
$3.70f?S.30; stockers and feeders, $2.154.30;
cows and heifers. $1.2584.50; Texas-fed steers,
$3.40f-4.50; Western steers. $3.2564.80.
Hogs Receipts today, 36,000. Market weak
and a shade lower; mixed, and butchers, $5.00
5.55: good, heavy, x5.25p5.53; rough, heavy.
$4.S55.05; light. $5;005.45: pigs. $4.75
5.25: bulk of sales, $5.0585.45.
Sheep Receipts. 38.000. Market, steady to
strong; sheep, $4.0085.00; Iambs,- $4.7533.00.
Metnl Markets.
NEW YORK. Oct, 16. There was a sharp
advance la the London tin market, said to
have been encouraged by denials of an Im
portant Increase In the Banco production.
Spot closed at 14S 10s and futures at 147
15s. Locally, the market was quiet but firm,
with spot quoted at 32.25tf32.50c.
Copper was also higher abroad with spot
closing at 72 5s and futures at 70 15s. Lo
cally, the market remains weak and Gulet.
Lake is quoted at 10.37816.75c; electrolytic.
10.3710.62c, and casting at 16.128
10.37c.
Lead was nervous and unsettled In the local
market and It was reported that supplies for
Immediate delivery are very scarce with quo
tations ranging as high . as 5.50c for small
lots. The general situation, however. Is un
changed, and 50-ton lots far shipment within
30 days can still be secured at 4.83c. The
foreign market was higher, with spot quoted
at 14 ISs Od.
Spelter was also higher abroad, closing at
2S 3s. Locally, the market was unchanged,
closing at 6f?G.10c
Iron cIomh! higher abroad with standard
foundry quoted at 01s 9d and Cleveland war
rants at 53s 4d. Locally, the market was
firm and unchanged.
MInlnr Stocks.
SAN FRANCISCO. Oct. 16. The official
dosing quotations for mining stocks today
were as follows:
Alta
$ .0:
Julia $
.06
.03
Alpha Con.
Justice
Andes
Belcher
Best & Belcher.
Bullion
Caledonia
Challenge Con..
Chollar
Kentucky Con...
.02
1.10
.87
5.50
.11
.13
.50
.13
.04
.30
.92
4S
.01
.23
Mexican
1.2540ccldental Con...
.38iOphIr
.43Overman
17Potosl
,14Savagc
Confidence .
1 "(Scorpion
Con. Cal. & Va.. 1.53"Seg. Belcher
Con. Imperial..
Crown Point. . .
Exchequer
.01
Sierra Nevada ...
.07
.52
.21
Silver Hill
Union Con
Gould tc Curry.
Utah Con,
Hale Sc. Norcross 1.15YeI!ow Jacket..
NEW- YORK. Oct. 16. Closing quotations:
Adams Con $ .25Llttle Chief .03
Alice 35jOntarIo .55
Breeco 45lOphir 5.25
Brunswlak Con.. .36tPhoenix 02
Cemstoek Tun... .0S:Potosl 11
Con. Cal. & Va.. 1.40jSavage 48
Horn Sliver 1.70!sicrra Nevada 2T
Iron Silver 3.00'Small Hopes 30
Leadvllte Con... .05Standard 1.75
BOSTON. Oct. 10. Closing quotations:
Adventure .-$ S.62HMont, C & C.$ 3.75
Allouez
47.00 (Old Dominion 2S.37&
Amalgamated
Am. Zinc
Atlantic
S5.00 (Osceola
111.00
U.00 IParrot
2S.37V
10S.OO 8.30
130.00
10.00
33.23
37.23
10.25
97.50
7.00
27.62 V
32.00
Qulncy
Shannon ....
Tt m a ra fW
Bingham
Cal. & Hecla 070.OO
(Trinity
Centennial
29.50
Cop. Range.
Daly West. .
Franklin . . .
Granby
Isle Reyale. .
Mass. Mining
Michigan . .
Mohawk . . .
72.75
14.00
10.50
8.73
2.12li
10.25
14.30
50.00
United Cop. .
r. S. Mining
U. S. OH
L'tah
Victoria .....
Winona 10.50
I Wolverine .. 120.00
1
New York Cotton Market.
NEW YORK. Oct, 16-The market for cot
ten futures ctoe at a decline of 18921 points.
October. 9.35e; December. .9.60c; January.
9.71c; May, 9.96c
Downing, Hopkins & Co.
Established 1593
WHEAT AND STOCK BROKERS
Room 4, Ground Floor
C0M1E0N BRRLEY
Millers of San Francisco Name
Higher Prices.
ABSORB WHEAT RECEIPTS
First Genuine Xew Crop Xavcls of
tho Season in Markct Heavy
Arrival of River Potatoes
"Weaken Prices;
SAN FRANCISCO. Oct, 16. (Special.)
About 3300 tons of wheat arrived today, chiefly
from Washington and Oregon, but It was ab
sorbed In many ways and spot prices con
tinued well maintained. December wheat
fluctuated freely, following Chicago, but
showed stubbornness and closed well up to the
top figure of the day. Barley was strong
throughout, December rose to $1.13 and
choice spot . feed sold at ?1.121s. Receipts
were light. LooaL millers of rolled barley
have formed a combination and raised orlees
to 321625. Oats are quiet and firm. Choice
hay Is strong at S1617.
The leading event In the fruit market was
the arrival of the first genuine new croo
navel oranges of the season from Placer
County. The fruit Is well matured and of
good color. No prices are yet established.
Valencia, oranges are very firm. Receipts of
table grapes were light and fancy, fresh se
lections were firmer. The apple market was
generally weak with trade of small volume.
River potatoes still arrived heavily and as
outside orders were lacking, prices ruled weak
for these goods. Fancy Salinas Burbanks aro
In limited supply and firm. Sweets are abun
dant and easy. Choice onions are firm and
occasionally sell at 85 cents.
Increased arrivals of butter caused less
stringency In Xhat market, but prices re.
mained firm. Cheese and eggs were well sus
tained. Receipts. 55,900 pounds butter; 2400
pounds cheese. 13.300 dozen eggs.
Wild ducks brought high prices.
VEGETABLES Cucumbers. 40S5c; garlic.
oHtdc; green peas. 405c; string beans, l4g
31-c; tomatoes, 25C0c; okra, 4065c; egg
plant, 40660c.
POULTRY; Turkey gobblers. 20$24c: roost
ers.- old, $4.50g5; roosters, young. 14.505.50;
broilers, small, ?3.504: broilers, large. 53
3.50; fryers. ?3.50S4; hens. $466.50; ducks.
old. $4.505; young. ?4fi6.
EGGS Fancy ranch. 4lUc; Eastern. 202Gc.
BUTTER Fancy creamery, 30c; creamery
seconds. 25c: fancy dairy, nominal: dairy sec
onds, nominal.
WOOL San Joaquin, 1013c; lambs. 9l6c.
MILLSTUFFS Bran, $22022.50; middlings.
S2628.
HAY Wheat, $11.50817; wheat and oats.
$11915; barley. $8gll: alfalfa. $6.5099; clever.
$S11: stock. $547; straw, per bale. 3050c
POTATOES Salinas Burbanks, 90c4?$l.:
Bweets. $101.50.
CHEESE Young America. 12gl3Uc; East
ern. 15-3 16c.
FRUITS Apples, choice, $1.25; common.
30c; bananas. $102; Mexlean lime. $44.50;
California lemons, cholee, $3.50; common.
$1.25; oranges, navels. $434.25; pineapples $2
3.
HOPS 12g 14 c.
RECEIPTS Flour, 23,437 quarter sacks;
wheat. 70,835 centals; barley, 4554 centals:
oats. 3390 centals; do Oregon, 4324 centals:
beans. 11.909 racks; potatoes. 10.132 sacks;
bran. 906J sacks; middlings. 1675 sacks; hay,
1699 tons; wool. 119 bales; hides, 1066.
Dried Fruit at New York.
NEW YORK. Oct. 16. The market for evap
orated apples continues quiet. New crop eup
piles are arriving a little more freely, but
the higher grades are scarce and fruit showing
an attractive quality Is firmly held. Common
to good arc quoted at 4Cc: prime. 7
7c
Prunes arc in limited Jobbing demand for
spot, with quotations ranging from 4V&71ic,
accordinr to grade.
Apricots are firm in primary markets and
spot quotations arc strongly held. Choice,
9Ug9c. and fancy. 10HHc
Peaches remain nominal m far as the soot
situation Is concerned, and are firm for future
delivery.
Raisins are quiet, but firm. Loose mus
catels are quoted at 5"4t?715c: seeded raialns.
SUSlic and London layers. $1.151.20.
Coffee and Sugar.
NEW YORK. Oct, 16. The market for cof
fee futures closed; steady In tone, but at a
net decline of 5gl0 points. Total cales were
22,750 bags. Including December. O.S3$i7c; Jan
uary. 76 7.05c; March. 7. 156 7.30c; May. 7.30
7.40c; July. 7.40gT.55c; September, 7.60
7.65c Spot Rio. quiet; No. Invoice, Sac
mild, quiet: Cordova, 1013c
Sugar Raw. quiet; fair refining. ZQZ l-16c
centrifugal. 96 test, ZQ3 ll-16c; molasses
sugar, -Ytd- 13-16c Refined, quiet; crushed
$5.50; powdered. $4.90; granulated, $-1.80.
Wool at St. Louis.
ST. LOUIS. Oct. 16. Wool, firm: medium
grades combing and clothing, 26,Agle: fine,
2227c; heavy fine, 19 23c: tub washod, 35
G12c
Gold Goes East.
NEW YORK. Oct- 16. The subtreasury re
eclved $300,000 In gold today from San Fran
cisco.
S TO.
3IEETING OF OREGON HOPMEN"
WILIj BE HELD WEDNESDAY.
Will Consider Means to Protect
Their Interests Against Ma
nipulation of Shorts.
SALEM. Or.. Oct. 16. (Special.) Prepara
tions are In progress for tne meeting or tne
hnnrmmtn of Orecon which has been called
by President Conrad Krbs. of the Hopgrow
ers Protective Association, for Wednesday.
October 18. The original purpose of the
meeting was to form an organization of
growers and Incorporate under the laws of
the state, "for the better protection of the
Interests of the growers and to eouro ror
them the highest price the market aflords
n-rtHimr In case It Is the sense
of the meeting that the formation of such
a corporation is impractical, other means of
relieving the situation and affording the
growers the desired, protection wm ic dl
riMxl and acted upon.
Amnnr the several propositions which will
be made to the convention will be the estab-
tt.hmAnt nf a hoDgTOwers Information bu
reau. to be placed In ehargc of a competent
man of the growers selection, and whose duty
it will be to collect and disseminate all
market and other hop news of Interest to the
growers. This "news agent" will be paid a
rnnhle aalarv for his services and each
grower In the state will be required to con
tribute to the "news fund" In proportion to the
mimhr nf bales of hops whleh He produces.
thus maklnz- the pro rata amount compara
tive i- IDSlgniucaill piwnroimicij mm me
benefit to be derived. It would be the duty of
this agent to keep in constant, communication
Chamber of Commerce
with reliable authorities In frv rmmtrv
where hops are produced and to obtain and
oena oui eacn aajr sucn reoarts unon the eron
conditions, yield estimates.- market nunia-
tlons, etc.. as they arc received.
Apropos of the approaching meeting of the
growers; Krebs Bros, have uent out the fol
lowing circular letter under date of today:
"On Wednesday, the ISth of October, the
hopgrowers of Oregon will meet at Salem for
the purpose of COnslderlnr nltins or mMits in
protect their own interests against the ma-
Hipuiauonri or. tne short sellers.
"Everyone conversant with the situation
knows that the United States has not produced
245,000 bales, which amount is required for
nome consumption. There are less old old"
hops in exlstance today than there have been
m me pasi fourteen years. The quality of Ore
gon hops is as fine as could be expected,
whereas the aualitv of CaHrnmi ii'o.i.in.y.n
and New York State Is not good. England
a large crop of poor quality, consequently
wlll purchase heavllv In
probable export Is estimated from 60000 to
iv.wv oaies. i-rom this wc must subtract the
probable import of 20.000 bales, which leaves
a snortage oZ 40.000 baleu. The price paid
New York State I3 IS
grower and the hops are being sold to the
brewers at 20 to 23 cents. The market In
Germany and England has advanced.
"Every grower should attend this meeting
and assist In formulating plans whereby he
1,1 receive wnat nis product is worth. There
1 not reason why hops should ho bolnn.- -i
cents. As we have not the address of event
grower, we trust you will Inform your fellow
growers of this meeting and urge them to
attend."
JtOGUE RIVER GROWERS UNION.
Hopfarmers Form a Plan for .Mutual Bet
terment.
GRANT'S PASS. Or. Oct, 16.-rSneiall
Hopballng has been completed In Roeue ihvpi-
Valley and now the hopgrowers are awaiting
aeveiepments in the market. Not a sale hat
been made, or even a contract signed, and
the growers, all of whom are fiimnclallv able
show a determination to hold their hops for
ine rise xney reel sure Is to come so soon
as the present effort falls that they claim the
ouyers are making to hold, the prices down
while they can buy the bulk of the crpo.
mere is only one lot of 1004 hotw in the
Valley. There are 350 bales in the lot. and the
grower is holding them, together with the
370 bales of this year's crop, for a better
price. Tills grower could have had 31 cents
a pound for his hops last year, but refused,
expecting a higher price. At the present quo
tations trtey would bring about 12 cents a
pound.
n effort was made late In the Summer to
form a union of the Rogue River Valley hop
growers, but It failed by reason of the In
difference of some of the growers. The for
mer plan of union was one advocated by Con
rad Krebs. a hopgrower and dealer of Salem.
hut It failed to meet the approval of the
Rogue River growers. Now they are consld-
erlnc the plan of a union similar to that
of the various fruitgrowers' unions of the
state that have proved so successful. The
union now likely to be organized will be on
co-operative lines. All supplies, such as sul
phur, burlap, etc. will be purchased by the
union by wholesale and sold to the members
at actual cost. The union will do the adver
tising for plekers and supply such yards as
may be short of hands. In marketing the
hops the members of the union will poo! their
crops, but It Is not proposed to make It ob
ligatory on a grower to turn over his hoos
to the union until such time as he thinks
the prlee satisfactory. The union will keep
posted, as far as possible, on the world's hop
croo and market conditions. When a sale Is
determined on It will be by carload In order
to Irtuen the freight charges, and bids will
be asked from the large buyers and also
from the brewers.
This plan of union allows the latitude of ac
tion the growers may Insist on. and as It Is
meeting with the approval of all the hop
growers. It Is quite certain that during this
Winter the Rogue River Hopgrowers' Union
will be formed. The promoters of thin union
claim that by co-operation in the purchasing
of suDplles and picking and curing the crop
fully a cent a pound In expenses can be saved,
while In the marketing they expect to make
a greater gain by securing a saving In freight
charges and In the competition among the big
buyers that will give higher prices.
Ynklmu Hops Moving.
NORTH YAKIMA. Wash.. Oct, 16. (Special.)
Hods began to move this week in a more
spirited manner than for oome time past.
The following sales were made today:
Zeke Thompson. 115 bales to, Guy Grafton
nt 11 cents.
Mows Sampson, an Indian. 75 bales to S.
Huntington & Co. at 12 cents. t
M. Memreaux. l(fo bales to Chhrlea Carpen
ter at 10 cents.
Ernest Hill, 320 bales to Inaac Pineus & Co.
at 10 cents.
All these are 1905 hops.
Hops at London.
LIVERPOOL. Oct, !. Hops at London Pa
cific Coast, easy 2 I0s3 10s.
ONE MAY DIE IN' THE N'ACHES
VALvLEY.
Peter McCallum and Two Sons
Worst J. W. Foster, His Son
and a Hired Man.
NORTH YAKIMA. Oct. 16. (Special.)
A serious cutting and shooting: aftray.
which may result in the death of ona
of the participants, took place today m
the Naches Valley. The trouble was over
an irrigation ditch. Peter McCallum and
his two sons on the one side and John
W. Foster and son and a hired man on
the other side, comprised the combat
ants, with the result that Foster is in the
hospital with a number of knife wounds
in his body. He was stabbed once below
the heart and lost a great deal of blood.
McCallum started to 50 through the
Foster place, to turn water Into a ditch
that runs through the latter place. Fos
ter ordered him off. but he did not gt.
Later the sons and hired man appeared
on the scene and a fight ensued, in which
several pistol shots were fired.
McCallum. it appears, fired the first
shots. Foster knocked the pistol out
of his hand, then McCallum's son drew
a knife and stabbed Foster several timei.
The son and hired man of Foster then
pitched into McCallum and beat him al
most to death.
Foster is in a bad condition and his
recovery Is doubtful.
BURGIuYRS ENTER SALOONS.
Slot-Machines at Cornelius Give Up
Fair Loot.
FOREST GROVE. Or.. Oct. 16. (Spe
cial.) Burglars made a raid on the two
'saloons in the little town of Cornelius,
three miles east of here, last night, and
secured about $75 In cash, nearly all from
slot machines. At Peter's saloon they
carrled a heavy machine out of doors and
smashed It Its weight Is so great that
one man could not have handled it. About
540 was secured from this machine- -V
smaller machine in the same room was
forced open where it stood, and about 113
taken.
At McCurdy's saloon the machine la
supposed to have yielded them nearly $20.
The thieves were evidently acquainted
with the premises, and apparently took
nothing but cash.