THE MORNING OKEGONIAN, . SATURDAY. JANUARY 4, 190S.
15
UNDERT0NEI5GQGD
Oats Market Quiet, but Prices
' May Soon Advance.
EXPECT STRONGER DEMAND
Increabcd Consumption in the Spring
AVill Cause Higher Prices-i-Big
Government Order Coming.
Barley Stocks I;ight,
Although the local demand for oat ha
not Increased, a firmer undertone is appar
ent In the market. It is believed that
prices have been at the bottom for some
time past and that the future
will ee a material elevation of
values. Several reasons are given for
the strong statistical position of the
market. With but five months of the season
pone, fully half of the crop bas been con
sumed. Feed barley is near the point of
elimination as a market factor, while the
excessive prices of millfeed and their scarc
ity will necessarily cause a larger consump
tion, of oats. "With seven months of the
cereal year to follow and only half of the
oats crop available. It Is evident that any
Increase In the demand must affect prices
strongly.
General business conditions are responsi
ble for the light movement at present, and
when building operations, railroad con
struction work and the like are resumed,
oats will necessarily go Into consumption at
a faster rat.
Another element of strength In the mar
ket Is the likelihood of a large Government
call for oats in the near future. Should the
contract call for the extreme amount speci
fied in former years, it would practically ex
haust stocks in this section. This Govern
ment order will have to be placed at Port
land or the Sound, as California eould not
fill it. Some speculative buying in anticipa
tion of the order is already under way.
Buying of oats on a large scale by some
of the interior cereal mills has also been re
ported in the last few weeks, indicating a
belief In those quarters of a pending ad
vance. " The upward course of the Eastern
oats market is being watched with interest,
and although prices there will have to go
10 cents higher before transcontinental ship
ments can be made with profit, there Is a
possibility of such a movement yet taking
place.
As only about 25 per cent of the barley
crop remains, that cereal would naturally
be very firm, but for unloading by some of
the small holders of feed barley in Eastern
Oregon. "When these weak sellers are weeded
out, which is expected to be the case very
soon, a stiffening of feed barley prices is
looked for, and the oats market will also
be affected.
A fair amount of business Is passing in
the wheat market, and the strength that
was shown with the beginning of the year
continues.
CHOICE HOPS ARE BECOMING SCARCE
Lower Grades Are Plentiful and Offer at
Unchanged Prlcre.
A fair amount of business is reported in
the hop market, but there is no particular
pressure to buy or sell at the moment.
Dealers find the supply of choice hops in
the state to be much reduced, but there are
plenty of the lower grades to be had at
the current rates.
In the statistics printed in' this column
yenterday-momlng the WashIHgtofrl5T6cVwof
1907 hops should have read "7500 bales" in
stead of "T!M00 bales." and the olds "3300
bales" instead of "S5.0OO bales."
The latest Issue of the London Brewers'
Journal says of the English hop market:
Trade is slow as usual at this time of
year. Continental descriptions are firm and
unchanged in value, but English hons are
saleable on decidedly lower terms, princip
ally owing to the inferior quality now Offer
ing. Nearly, If not all, the best hops have
already been picked out and sold. There is
great disinclination on the part of brewers
to stock, notwithstanding the low range of
quotations now current. Operators are very
cautious owing to their past experience, as
in 1IHXS they bought very heavily, some to
the extent of about two years' supply, and
until old stocks have been cleared out there
appears slight prospect of the demand im
proving, stocks on brewers' hands have for
some time past been a drawback to freer
purchases. The general slackness of trade
also is an unsatisfactory feature in the mar
ket. Prices are now believed to have
touched bottom, but it is unlikely there will
be any material reaction from present
values.
SEVERAL CREAMERIES CCT PRICES.
Butter Market Weakened by Over-Supply of
Lower Grades.
One of the larger city creameries still
maintains a 87 It-cent price on butter, but
the others have declined to 35 cents. The
supply of top-grade butter, taking the mar
ket as a whole, is not great, but there is
an overabundance of storage butter and the
poorer qualities of country creamery, and
this has weakened the entire market.
Receipts of eggs continue large and the
market is weak, but no lower.
Poultry of all kinds was scarce yesterday.
The demand for chickens was good and up
to 15 cents was quoted on hens. Ducks were
In fair request.
Eastern Sugar Market Goes Up.
The New York refined sugar market ad
vanced sharply yesterday, the American,
Arbuckle and Howell going up 10 cents and
the Federal 20 cents. Trade wires reported
cane raws firm and beet raws steady. The
advance was said to be owing to the de
layed arrival of Cuban sugar and In some
quarters It was believed the new prices
would not hold. Yesterday's rise In the
East makes the differential between Pacific
Coast and New York prices only 20 centa
Potatoes Weaker. Onions Firmer.
The potato market has slumped again as
a result of the decline in Oregon Burbank
prices at San Francisco, .where all grades of
potatoes are in over-supply.
There Is a moderate demand for onions
for shipment North and South, and owing to
the holding policy of growers, an Increasing
degree of firmness Is shown In the market.
Car of RedUiud Oranges Due.
There were no features of interest in the
fruit and vegetable trade yesterday. Busi
ness was slow and prices generally un
changed. A car of Redland oranges, the
flint of the season, is due today, also a car
of celery.
Bank Clearings.
Clearings of the Northwestern cities yes
terday were- as follows:
Clearings.
. .$ 174. 2!2
.. 1.715.274
7SS.S32'.
SSti.537
Balances.
$327,444
107.2-44
33.505
139.872
Portland
Seattle .
Tacoma ,
bpokace
PORTLAND QUOTATIONS.
Butter, Eggs, poultry, Etc.
BUTTER City creameries; Extra cream
ery. 35Ci7V5 per pound; state creameries,
fancy creamery, 35 37 V c ; store butter,
choice, 20c.
CHEESE Oregon full cream twins. 16
16 Vic; Youiig America, 1717c per
pound.
VEAL 75 to pounds, 9c; 125 to
150 pounds, 7c; 150 to 20o pounds, 56 Vic.
POULTRY Average old hens, l-tfc 15c;
mixed chickens, 14c; Spring chickens.
14o; rooHters, SQ 10c; dressed chick
ens. 14c; turkeys, live. l$6 20c; dressed,
choice, 20&23C; geese, live, per pound, U4i
10c; ducks, 14c; pigeons, $11.50; squabs,
EGGS Fresh ranch, candled, 32 Vic per
dozen: Eastern, 21 23c per dozen.
PORK Block, 75 to 150 pounds. 6tt &
7 Vic; packers. 6 Vi 7 Vi c-
- Grain, Flour, Feed, Etc.
MILLSTUFFS Bran, city, 23; country,
$24 per ton; middlings, S29; shorts, city,
$24.50; country, $25 50 per toe; chop, $179
19 per ton.
WHEAT Club. 83$4c; bluestem, 850
Sc; Valley. 80&'84c; red, 910S2c.
OATS No. 1 white, $27.50028; gray,
$27.5028.
FLOUR Patent. $4.95: straight, $4 40;
clears. $4.40; Valley, $4.40; Graham flour.
$4-254.75; whole wheat flour, $4.505; rye
Hour, $5. 50.
BARLEY Feed, $27 per ton; brewing,
$32: rolled. $30.
CHIRK A L FOODS Rolled oats, cream, 90-
pound sacks, per barrel, $8; lower grades.
$G.50 7.50 ; oatmeal, steel-cut, 45-pound
sacks, $S.50 per barrel; 9-pound sacks.
8 per barrel; 9-pound sacks, $4.50 per bale;
split peas, per 10O pounds. $4.254.80;
pearl barley, $4 4.50 per 100 pounds;
pastry flour. 10-pound sacks, $2.60 per bale;
Caked wheat, $3.25 per case.
CORN Whole. $32; cracked. $33,
HAY Valley timothy. No. i. $18 oer ton:
Eastern Oregon timothy. $212I2; clover.
$15; cheat. $15; grain hay, $1516; alfalfa,
$15; vetch, $14.
Vegetables, Fruit, Etc
DOMESTIC FRUITS Apples, 75c$3 per
box; peaches, 75c$l per crate; pears. $1.25
2 $1.75 per box; cranberries, $9. 50 12 per
barrel
TROPICAL FRUITS Lemons, $2.5O4.00
per box; oranges, navels, $2.25 2.7.: Japa
nese oranges, 50c per box; grapefruit, $4;
bananas. hfyoVtc per doas.. crated, 5Vic; pine
apples, $4.50 per dozen; pomegranates, $2.25
per box; persimmons, $l.tiO per box; tanger
ines, $1.75 per box.
ROOT VEGETABLES Turnips. 75c per
sack; carrots. 65c per sack; beets. $1.00 per
sack; garlic, 8c per pound.
FRESH VEGETABLES Artichokes, $1.23
per dozen; beans. 15c per pound;
cabbage, lc per pound ; cauliflowers, 75c
$1.00 per dozen; celery, $3.253.50 crate;
lettuce, hothouse, $11.25 per box; onions,
15 20c oer dozen; parsley, 20c per doxen;
peas, 10c per pound; peppers, 817c per
pound; pumpkins, llV4c per pound; rad
ishes, 20c per dozen; eplnach, 6c per pound;
pprouts, 810o per pound; squash, 11V4C
per pound; tomatoes, $2 per box.
ONIONS Buying price. $1.60 1.75 per
C. V. T.; apricots. 15 19c; peaches, 11
13c; pears, llVi14c; Italian prunes, 2&
6c; California figs, white. In sacks. 56&c
per pound ; black, 4 Vi 5c ; bricks, 75c &
$2.25 per box: Smyrna, 18Vi20c per pound;
dates, Persian, 7 Vic per pound.
POTATOES Buying price, 06Oc per
hundred, delivered Portland; sweet pota
toes, $2. 75(g) 3 per cwt.
Groceries, Nuts, Ete.
RICE: Imperial Japan, No. l, 6V4c; South
ern Japan. 5V45c; head, 7 Vic
COFFEE Mocha. 24 3x28c; Java, ordinary,
17 20c; Costa Rica, fancy, IS 20c; good.
16i&18c; ordinary. 12l6c per pound Co
lumbia roast caBes, 100s. $14.50; 50s, $14-75;
Arbuckle, $16.03; Lion, $15-88.
SALMON Columbia River, 1-pound talis.
$2 per dozen; 2-pound tails, $2.95; 1-pound
flats, $2.10; Alaska pink, 1-pound tails, 95c;
red. 1-pound tails, $1.55; sockeyes, 1-pound
tails, $1.90.
SUGAR Granulated. $5.60; extra C, $5.10;
golden C, $5 00; fruit sugar, $5-60; berry,
$5.ti0; star, $5.50; beet sugar. $5-40. Advance
sales over sack basis" as follows: Barrels,
10c ; Vi barrels, 25c ; boxes, 50c per 100
pounds. Terms; On remittances within 15
days and within 30 days, deduct Vc;jxiapie
sugar, 15 18c per pound.
NUTS Walnuts, 15Vi20c per pound by
sack: Brazil nuts, 19c; filberts, 16c; pecans,
1618c; almonds. 19 20c; chestnuts,
Ohio. 25c; peanuts. raw, 6?8Vic per
pound; roasted. lOc; pi He nuts, 10 12c; hick
ory nuts, 10c; cocoanuts, 35 90c per dozen.
SALT Granu'ated. $18.00 per ton; $2.25
per bale; half ground, 100s. $13.50 per ton;
50. $14. oO per ton.
BEANS Small white, 4c; large white,
4 Vi c ; pink. 4. 20c ; bayou. 4c ; Lima, o Vi c ;
Mexican red. 4c,
HONEY Fancy, $3.503.75 per box.
Provisions and Canned Meats.
BACON Fancy breakfast, 22Vic .pound;
standard breakfast. 19Vic; choice, 18Vc;
English. 11 to 14 pounds, 14c pound.
HAMS 10 to 11 pounds, 14c pound; 14
to 16 pounds. 13Vic; IS to 20 pounds, 14c;
picnics, 9Vic; cottage, 12c; shoulders. 11 Vic;
boiled. 24c
SAUSAGES Bologna, long, 8c; links, 7 Vic.
BARRELED GOODS Pork, barrels. $20;
half-barrels. $11; beef, barrels. $10; half
barrels. $5-50.
. DRY SALT-CUBED: Regular, hort clears
drv salt. 12c: smoked, 13c: clear backs.
dry salt. 12c; smoked. 13c; clear bellies, 14
to 17 pounds, average, ary sail, none
smoked, none; Oregon exports, dry salt, 13c;
smoked. 14c
LARD Kettle rendered; Tierces, 12c,
tubs, 13c; 50s, 13c; 20s, lSVfcc; 10s, 13Vc;
6s. 13 c ; 3s, 13 13 $.c ; standard pure,
tierces. llc: tubs. 12c; 50s. 12c; 30s, 12Vfcc;
10s. 12 Vic; 5s, 13-Sc compound: xierces.
SVic; tubs, 8C; 50s. 8c; 20s, 8c; 10s,
9Vc; 5s. 9C
Hops, Wool, Hides, Etc
HOPS 1907, prime and choice, 57V4c
oer nound: olds,, l2c per pound.
WOOL Eastern Oregon, average best, 13
20c per pound, according to shrinkage
Valley. 1820c. according to fineness.
MOHAIR Choice, 2930c per pound.
CASCARA BARK 5V46c per pound; car
lots. 7c- per pound.
hides Dry. No. 1. 16 pounds and up,
1212Vic per pound; dry kip, No. 1, 5 to 15
pounds, 12c per pound; dry calf. No. 1.
,,nri,.r a nounds. 14c: dry salted, bulls and
tags, one-third less than dry flints; culls
moth-eaten, badly cut. scorea, murrain.
half-siipped, weather beaten or grubby; 2
a ner nound less: salted hides, 5 tie;
salted kips. C6c; calf skins, 78c; green
bide, lc per pouna less.
FURS Bearskins, as to size. No. 1, $5
n onrh: cubs. 11(93 each: badgers, prime.
25550c each; cat, wild, with head perfect,
30 6 00c ; cat, house, 5 20c ; fox. common,
gray, large prime," C070c each; red. $35
each; croDs, scgyio ca; n v "'"""i
8100 -300 each; fishers, $58 each; lynx,
ej tuiium Mnh: mink, strictly No. 1, accord
ing to size, $13 each; marten, dark, north
ei.ftnT 'joioa pu ezis o Suipjooou UJ
ah - nale. nine, according to size and
color. $2. 30 61 4 each: musk rat, large, 2&lo0
each: skunk, 30 40c each; civet or pole
cat. 515e each; otter, for largo, prime
skins. $6S10; panther, with head and
TM-rfeet. S25 each; raccoon. for
SO O 75c each: wolf, mountain,
with head perfect. $S.505 each; prairie
(coyote). 60c$1.00 each; wolverine. 68
each.
QUOTATIONS AT BAN FRANCISCO.
Price. Paid for produce In the Bay City
Market a.
SAN FRANCISCO. Jan. S. The follow
lnK prices wore quoted today In the produce
market today ; .
Vegetables Garlic. 48c; green peas, 39
5c; string beans,. 10 15c; tomatoes. 50c
2: egg plant, 812V4c.
Poultry. Booster,, old, 14.50; roosters.
young, S8; broilers, small, $303.50;
broilers, large, 5; fryers, $5 8: hens.
49: ducks, old, $405; young, $507.
Butter Fancy creamery, 33c; . creamery,
seconds, 28c; fancy dairy. 25c; dairy sec
onds, 24c.
Fruits Apples, choice, $2.25; common,
80c; bananas, $103.50; Mexican limes, $3.50
4.50: California lemons, choice, $3.50;
common, $1.25; oranges, navels, $1.2502.50;
pineapples, S3 3-3".
Eggs Store. 28030c; fancy ranch. 40c
Eastern, 22c.
Cheese New. $140 15c; Toung America,
14 H 16c: Eastern, 18 fee.
Wool Spring, Humboldt and Mendocino.
202oc; South Plains and S. J., 608c
lambs, 7011c
Hops Old. 203c; new. 4011c
Millstuffs Bran, $28029.50; middlings.
$31032.
Hay Wheat. $12017.50; wheat and oats,
$120 13.50; alfalfa. $9014; stock, $8010
straw, per bale, 45 085c.
Potatoes Salinas Burbanks. $1.25 01.50
sweets, $1.7502.25; Oregon Burbanka, 75c
tan.
Receipts Flour, 8262 quarter sacks
wheat. 020 centals; barley. 160 ceptals
oats, oO centals; beans, 3410 centals; po
tatoes, 1900 sacks: bran, 110 sacks; hay,
'l tons; Bides,
Dairy Produce in the East.
CHICAGO, Jan. 3. On the produce
change today the butter market was steady
creameries. 200 29c; dairies, 18025c
Eggs Steady at mark, cases included,
220 23c: flrsta, 22c: prime firsts, 24c: ex
traa, -tto.
Cheeae Steady, 11 13c
NEW YORK, Jan. S. Butter, steady and
unchanged. Cheese, unchanged. Eggs, firm
and unchanged.
Wool at St. Louis.
6T. LOUIS. Jan. S. Wool, steady. Terri
tory and Western mediums, 20023a; floe
mediums, 19'421c; fine, 15317c,
LUAN RATE DROPS
No Longer a Premium on Cur
rency at New York.
BANKING SITUATION GOOD
Stock Prices Fluctuate With North
ern Pacific and Reading the Fea
tures Poor Railroad Returns
Have Effect on Sentiment.
NEW YORK, Jan. 3. The course of to
day's stock market was a succession or
backings and fillings, reflecting the uncertain
feelings of the professional element, which
concerned most in the dealings. Oppos
ing considerations came Into play at differ
ent times and enjoyed a temporary ascend
ant in shaping the course of prices. Early
In the day factors of depressions were given
most weight in the discussion on the floor .
the stock exchange, although the active
weakness of Northern Pacific probably had
as much effect on prices in general as any
larger development in affairs. This stock
was the market leader yesterday and those
who bought it then on the assurance that
a large extra dividend was to be immediate
ly forthcoming apparently had misgivings
today and sold out.
At the same time, the series of poor rail
road earnings reports for November aroused
grave apprehensions of the ultimate conse
quences to dividend disbursements of such
a rate of inroad on the net returns. The
Pennsylvania Railroad was added to the list
today. Pennsylvania's earnings reports are
always accepted as highly representative.
owing to the great variety In the classes of
Its traffic, and a 10 per cent decrease In
net earnings of this road, foiythat reason, -
towards the railroad stocks in general. The
I-ouisvllle & Nashville showing was even
poorer, the net return being cut in half for
November.
Speculative support centered on Reading
and it was the rise in that stock that turned
the market upwards. The rapid easing of
tne caii-ioan market was a help to the
stock market. The call-loan rate went no
higher than fO per cent todav and from
that level receded easily. Brokers who have
handled funds for holders of cash seeking
a premium on currency notified their cus
tomers today that -there was no demand,
the trafTlc having come to a definite end.
The gain of the banks on subtreasury
operations was small, nartlv owlnr to the
surrender of Government deposits which
nas oeen going on curing the week, while
Incoming United States gold coin among
that Imported, and which does not figure
in the array of checks in subtreasury opera
tions, has supplied $1,403,100. The direct
express movement with the interior seems
to have been to the advantage of New York
on balance to an amount near $4,000,000 or
over, so mac in weeK's gain In cash ap
pears to have exceeded S5.OOO.00O. The effect
of the week's money operations on the loan
statement cannot be estimated, but that con
ditions are working towards rapid recup
eration of the banking position is clear.
The stock market turned very strong after
the estimates of the currency movement ap
peared. An advance In the price of refined
sugar had quite a pronounced effect on sent
iment regarding the commercial and indus
trial situation, and a number of industrial
stocks became strong, led by American
sugar itself. A further rise in th. London
price of copper was another incentive to the
rise. Rates for time loans were nnta.Mv
lower and an lncreasine: suodIv of rinri a.
reporcea. ine lone of tne late advance be
came as uncertain as had the morning de-
nuu mo eiiuing was easy.
Bonds were firm. Total sales, mp .
$2,774,000. (United States bonds were un
changed on call. -
CLOSING STOCK QUOTATIONS.
Closing
Sales.
Adams' Express
Amal Cooper .
mgn. Law. tsia.
165
2
700
fillO
49
80
31 14
4714
3114
88
3014
48 '4
Am Car & Foundry
do preferred .
Am Cotton Oil
31 Vl
89
300
1.000
30
do preferred
American Express..
200
1314
1&
7
24
3614
8514
72
93
10014
7414
29
69
8414
69
82
84
40
158
173
Am ttu & pc.,
American Ice
Am Linseed Oil ..
1,600
100
1914
1814
8
'sr.ii
85
71
oo preferred
Am Locomotive . .
do preferred
4,500
3714
86
7S14
Am Smelt & Ref . . 26,800
do preferred .... 400
Am Sugar Ref .... 24,900
Am Tobacco pf ctf . 200
9314
108 Vi 100
75 V
74 Vi
Anaconda Mln Co. 4,200
2Ti
7014
85
68
X2
SO
40
2814
6814
85
68
82
so
39
155 Vi
"sovi
Atchison
do preferred ....
6,400
100
100
20O
100
8.5u
Atlantic Coast Line
Baltimore & Ohio,
do Dreferred
Brook Rap Trsn.
Canadian Pacific . .
Central of N J..
2,400 ' 15814
Chesapeake & Ohio
Chicago & Q W..
Chicago & N W. .
C, M & 6t Paul..
Chi Term & Tran..
do preferred
C. C, C & St LouW
Colo Fuel & Iron
Colo & Southern .
do lt preferred
do 2d preferred
Consolidated Gae. .
Corn Products ...
do preferred ....
Del & Hudson....
D. L, & W
D R G
do preferred .
Distillers Securl...
Erie
do 1st preferred
do 2d preferred
General Electric ..
Illinois Central ..
Int Paper
do preferred ....
Int Pump
do preferred .
Iowa Central
do preferred ....
K C Southern ....
do preferred
600
400
30
30
814
1,600 139
9,500 107
137 138
105 106
5
20
200
400
3li0
BOO
400
800
100
56V4
19
25
98
11
55
111
24
01 '
43 '
96
11
160
: '20
'sc'
17
83
86
19
24
52
43
98
10
f-5
15214
415
2o
60
80
17
3414
23
1,500 154
" 300 '21 '
1.300
300
200
80
17
34
900 115
114
114
800 126
121 125
200
9
52
13
65
10
700
300
J00
200
63
14
65
10
'2.i
,51
90
1514
24
82
'46"
53
13
65
10
32
23
511,
94
15
24
81
125
45
25
56
39
42
92-15
83
. 64
84
45
26
111
81
61
20
69
146
98
76
77
16
60
15
2
29
29
72
106
13
a
us
119
SO
no
2AO
100
23
51
Louis & NaRhvllle 2.ooo
Mexican Central .. 3,800
14
yuan it st ixmis..
M, St P & S S M
do preferred
Missouri Pacific . .
Mo Kan & Texas..
do preferred""- . . .
National Lead
200
241
800
81
2.20O
1,000
45
26
'39
oi"
S3
64
1.500
40
S"
33
Nat R R of Mexico .
N Y Central ... 10.R00
N Y. Ont & West.. 1,300
Norfolk & West.. 200
do preferred .... -x.
North America .. 200 45 44
Pacific Mall 800 26 26
Pennsylvania .40O 111 110
People' Gae 60O 81 80
P C C ft St Louis. , 10O ' 62 62
Pressed Steel Car.. 200 20 - 19
do preferred .... 600 70 69
Pullman Pal Car:. Son 147 147
Reading 181,200 99 81
do 1st preferred
do 2d preferred .....
Republic Steel ... ion 16 16
do preferred 20O 66 66
Rock Island Co. ... l.ioo 15 ir"
do preferred 400 29 2S
St L ft S F 24 pf
St Louis ft S W
do preferred loo 29 29
Southern Pacific . 11,700 .73 71
do preferred 70O 107 106
Southern Railway.. 1.400 13 12
do preferred .....
Texas ft Pacific .. 2oo 19 19
Tol St Louis ft W 600 14 14
do preferred 4O0 35 35
rnlon Parlflc : 82.50O 120 11S
Union Pacific pf.. 100 81 81
IT S Express
it S Tfealty :
U S Rubber .'. 10O 20 2-"
do preferred .... 20O 79 79
TJ S Steel ;.. . 25.200 27 26S
do preferred 7.300 88 86
Va-Ca.ro Chemical
do preferred 100 90 90
Wabaeh Ron lo 10
do preferred .... 300 18 18
W-F TTxpress
West Electric 6,200 43 1
Western I'nion . - 600 55 65
20
78
2
89
1T
89
10
1R
210
41
55
Wheel Lake Brie 7
Wisconsin Central. 14
do preferre-1 40
Northern Pacific .. 4t.2m 121 119 120,
Central Leather . l.Oort 16 16 16
do pref-rrfd 3(V 76i 76 . 76
Moss-Sheffield ... 1.000 37 36 37
Great Nor-.hem pfd 16.400 11R 116 US
Int Metel 600 7 6 7
preferred 11
Total sales for the day 635.000 shares.
BONDS.
NEW YORK. Jan. 3 Closing quotations:
TJ. S. ref. 2s reg.l04N- Y C G 3s 85.00
do coupon. .. .104 North. Pacific 3s 68
U- S. 3 sreg. . ..100 North. Pacific 4s. 100
do coupon.. 100 ViiSouth. Pacific 4s 81
U. S. new 4s reg.119 Tnion Pacific 4s 99
do coupon. .. .119 - IWlscon Cent 4s 78
D & R O 4s 94 iJapanese 4s 7714
Stocks at London.
LONDON, Jan. 3. Consols for
84 11-16; do for account, 84.
Anaconda . . , 6.00
Atchison . 71.50
N. Y. Central. 15. .V
Norflk West 65.75
do pref 87. -O
Bait & Ohio S4..V)
do pref S3.00
Ont &West.. 34.25
Pennsylvania. 57-00
Rand Mines. . 5.25
Reading 50.50
Southern Ry.. 13.1214
do pref 37.50
Cana. Pacific. 160.00
Ches & Ohio 31.25
Chi Grt West 8.
C. M. & S. P. 109.00
De Beers..... 13.75
D & R G... 21.23
do pref. 50. OO
Erie 17. SO
do 1st p. . 35.nO
do 2d pf.. 25.0O
Ipouth. Pacific 74.50
L nlon pacinc.l'J.7 'n
do pref 8-3. 00
U. S. Steel 27.3714
An nref..v 91.50
Grand Trunk 19.00
IU Central... 128.50
rWabash 10.50
do pref 39. on
1. Sl N !1..3U
Mo.1C.-ft T.. 26.1214
ISpanish 4s 90.00
Amal copper. 4S.O
Eastern Mining Storks.
BOSTON, Jan. S.-r-Closlng quotations:
Adventure ..$ 2.25 lOsceola 8S.O0
Allouez 29.O0 iQuincy 82.00
Amalgamated 48.25 Shannon 10.25
Atlantic 9.8714 Tamarack ... 69.00
Bingham . . . . 4.50
Cal & Hecla.6O0.00
Trinity 15.O0
L,nlted cop... 7.25
XT. S. Mining. . 33.25
U. S. Oil in.23
tTtah 30.00
Victoria ' 4.62H
Centennial . . 25.50
Cop Range... 58.50
Daly West... 7.25
Franklin .... 8 25
Granby 58.00
Isle Royale.. 18.50
Mass Mining 3.50
Michigan 9.25
Mohawk 48.00
Mont. C. ft C. 100
Old Dominion 30.50
NEW YORK. JanT
Adams Con 5
Alice 300
Breece : . 10
Brunswick Con. 10
Comstock Tun. . 19
C. C. ft Va 50
Horn Silver 70
Iron Silver 75
Leadville Con... 6
Winona 4.75
INorth Butte.. 44.50
Butte Coal. . . 16.00
Nevada ...... 9.50
Cal ft Ariz 104.50
Ariz Com 15.3714
S Closing quotations:
Little Chief 6
Ontario 350
Ophir 113
Potosi 9
Savage 35
Plerra Nevada... 36
Small Hopes.... 19
Standard 150
Money, Exchange, Etc.
NEW YORK. Jan. 3. Money on call,
easier, 6010 per cent; ruling rate, 8 per
cent: closing bid, 7 per cent; offered at 8
per -rent. Time loans, quiet and easier; o
and 90 days, 8 per cent; six months, 60T
per cent. Prime mercantile paper, 8010
per cent.
Sterling exchange, firm, with actual busi
ness in bankers' bills at $4.8515 for demand
and at $4.8025 for 60 days. Commercial
bills, $4.80.
Pari silver, B5c.
Mexican dollars. 43 He.
Government bonds, steady; railroad bonds,
firm.
LONDON, Jan. S. Bar silver, uncertain,
25 l-16d per ounce.
Money, 414 per cent.
The rate of discount In the open market
for short bills is 6 per cent; three months"
bills, 514 er cent.
SAN FRANCISCO, Jan. 3. Silver bars,
65V.C.
Mexican dollars, 5214c
Drafts, sight, 5c; telegraph. 5c
Sterling, 60 days. $4.80; sight, $4.85.
Bombay Discount ' Rate Advance.
BOMBAY, Jan. 8. The rate of discount
of the Bank of Bombay was raised from
6 to 7 per cent today.
Daily Treasury Statement.
WASHINGTON, Jan. 3. Today's state
ment of the Treasury balances shows:
Available cash balance $270,054,657
Gold coin and bullion 86.934.977
Gold certificates 58,721,490
PORTLAND LIVESTOCK MARKET.
Prices Quoted Locally on Cattle, Sheep and
Hogs. .
There were no changes in local livestock
prices yesterday. Receipts were 000 sheep,
SO cattle and 15 lambs.
The following quotations were current In
the local market:
CATTLE Best steers, $3.764.25; me
dium. $&253-75; cows, $2.753; fair to
medium cows, $22.25; bulls, $1.502.25;
calves, $3.504.
SHEEP Good sheared. $4.2.4.75; full
wool, $4.505; lambs, $4.505.25.
HOGS Best, $55.25; lights and feeders,
$4. 50 a 5.
Eastern livestock Prices.
SOUTH OMAHA. Jan. 3. Cattle Receipts
820O; market, steady. Native steers, $3.73
cfc4.50; native cows and heifers, $24.25:
Western steers. $34.55. range Cows and
heifers. $1.753.75; canners, $1.502.50;
stockers and feeders, $2.754.40; calves, $3
-5.50; bulls and stags, $1.754.
Hogs Receipts, 10,500: market, shade te
6c higher. Heavy, $4.354.50; mixed. $4.37
4.40: lights, $4.304.42 pigs, $44.35;
Dulk of sale. $4.37 04.42.
Sheep Receipts, 5O0O; market. lOc lower.
Yearlines, $5 4 5.50; wethers, $4.25lg4.75;
ewes, $44.50; lambs. $6.25e.75.
KANSAS OITY, Jan. 3. Cattle Receipts,
2000: market, steady. Native steers, $4.10
5.60; native cows and heifers. $2.2o4-75;
stockers and feeders, $34.40: bulls, $2,400
4.00: calves. $46-75; Western steers, $3.75
4l4.75: Western cows, $2.75 4.
Hogs Receipts, 13.000; market, steady.
Bulk of sales. $4.304.46; heavy. $4-403?
4. DO; packers, $4.354-45; pigs and light,
$4C4.42
Sheep Receipts, 2000; market, steady.
Muttons, $44.S0; lambs, $66-80; range
wethers, $4.2o4.85; fed ewes. $3.25 4.50.
CHICAGO, Jan. 3. Cattle Receipts about
3000; market, steady. Beeves, $3.60'9)6.201
cows and heifers, $1.25)4.65; calves, $5.25
6.O0; Westerns, $3.754.G0; stockers and
feeders. $2. 2504.80.
Hogs Receipts, about 28.000; market, 5e
higher. Light, $4.204.6O; mixed, $4.25
4.67; heavy. $4.254.65; rough. $4.25
4 35; pigs. $3.60i34.30; bulk of sales, $4.35
4.60.
Sheep Receipts, about 8000; market. 10
15c lower. ' Natives, $35.15; Westerns. $3(9
5.15; yearlings, $4. 7065-50; lambs, 14.75
6.80.
Metal Markets.
NEW YORK, Jan. 3. There was a sharp
break in the London tin market where spot
closed at 118 10s and futures at 119 10s.
Locally the market was weak and lower In
sympathy with the decline abroad, quota
tions ranging from 26 to 26.50c.
Copper was 2s Od higher at f61 12s 6d for
spot in the London market, but futures there
were unchanged at 62 5s. The local market
was quiet and unchanged with lake quoted
at 13.6213.87c; electrolytic, 13. 50
13.73c. and casting at 13.25 13.50c
Lead was unchanged at 14 12a 6d In Lon
don. Locally the market was quiet, but
another 2 points higher on the average
at 3.60 3.70c
Spelter advanced 2s 6d to 19 lOs in the
London market. The local market was quiet
and unchanged at 4.304.35c
Iron was unchanged In London with
standard foundry quoted at 47s Od and
Cleveland warrants at 48e Td. Locally Iron
was unchanged.
Coffee and Sugar.
NEW YORK, Jan. 3. Coffee futures
closed steady, net unchanged to 10 points
lower. Sales, 37.00O bags, including: Jan
uary, at 6.6oc; March, 5.80c; May, 5.JMc;
July, 6.00c; September, 6:15c; October, 6.20c;
December. 6.25c. Spot, ateady; No. 7 Rio.
6 1-16c: No. 4 Santos, Sc. Mild, quiet; Cor
dova, 13c
Sugar Raw, Arm: fair refining, 4.42c; cen
trifugal, 96 test. 3.92c; molasses sugar, 3.17c.
Refined, firm; No. 6. 450c; No. 7. 4.45c; No.
8. 4:40c; No. f, 4.35c; No. 10, 4.25c; No. 11,
4.25c; No. 12, 4.15c; No. 13. 4.10c; No. 14,
4.05c Confectioners. "A 4.70c; mould "A.."
5.26c; cut loaf, 6.70c; crushed, 5.60c; pow
dered, 5.00c; granulated. 4.90c; cubes, 6.15c.
Dried Fruit at New York.
NEW YORK. Jan. 3. There la very little
demand for evaporated apples, but the tone
Is steady. Fancy, 11 12c; choice, 14c;
prime. S8c, and 10O6 fruit, 7llc
Prunes are moderately active with quota
tions ranging from 54 to 16c for California
fruit and from 7 to 7c for Oregons 50s to
30s.
Apricots, quiet; choice. 2225c: extra
choice. 232."h:. and fancy, 2426c.
Peaches, dull; choice. 12a 12 c: extra
choice, 12tt13c; fancy, 1313!4c; extra
fancy. 1414c.
Raisins are in light jobbing demand.
Ixose muscatels. 77c; seeded raisins, 7
0914c. and London layers, $1.701. SO.
New York Cotton Market.
NEW YORK, Jan. 3. Cotton futures
closed steady, net six points higher to five
points lower. Closing bids: January, 10.55c;
February. 10.65c; April and May, 10.72c;
June. 10.67c; August. 10.51c
Befined Sugar Advances.
NEW YORK, Jan. 3. All grades of re
fined sugar were advanced 10c a hundred
pounds today.
Victoria, B. C. H. Barton, a youth of 16,
was terribly wounded in the shoulder by the
accidental discharge of a gun, while H.
Norman, bis companion, was passing it to
him. The shooters were In a caaoc
SL
HMOSIUHES
Holidays Succeeded by Quiet
Trade Conditions.
MONEY IS MUCH EASIER
Business In th South Affected by
Farmers Holding Cotton Lum
ber Moving More Freely
at Western Points.
NEW YORK, Jan. .3- Bradstreet' tomor
row will cay:
Rather mora than usual post-holiday quiet
is reported in general trade and Industry, but
the financial situation ehowa continued bet
terment. Reduction ealea stimulate retail
trade at some cities, but mild weather limits
earonable distribution at the Northwest, while
holding of cotton affects retail trade and col
lections at the South. Money is easily ob
tainable for business purposes at large cen
ters, a number of the country banks have un
obtrusively resumed cash payments, and the
premium on currency practically disappeared
with the old year at New York, stock-taking
absorbs interest- in wholesale lines, but prep
arations ;or Spring trade are under way, and
some salesmen have gone on the road. Ship
ments of good on Spring orders are reported
light. -At the South, however, retail business
Is very quiet, and In some Instances nearly
one-third of the cotton crop to still reported'
held by farmers.
The lumber trade, while showing rather
more life at "Western points, is very quiet at
the South, and yellow pine and cypress prices
are being cut heavily. The effect pf this is
found in the report of traffic on the leading
railroads, which In addition report business
as a whole still shrinking.
Business in the dry goods and clothing trade
Is light as a whole, but the tone of that trade
Is more confident than a month ago. The
leather trade is quiet and soleleather stocks
small, owing to curtailment of output, but
stocks of hides are large.
Business failures for the week ending Jan
uary 2 number 345 against 248 last week. 185
in the like week of 1907, 220 In 1906, 278 In
1905, ami 262 In 1904. In Canada failures for
the week number 27, as against 50 last week
and 16 in this week a year ago.
"Wheat, Including flour, exports from he
United States and Canada for the week end
ing January 2, aggregated 6.119.394 bushels
against 4.236,270 this week last year. For the
27 weeks of the fiscal year, the exports are
119,095,668 bushels, against 97.923,599 in
1906-07.
Bank Clearings.
NEW YORK, Jan. 3. Bradstreefs
bank clearings report for the weak
ending January 2 shows an aggregate
of $1,906,970,000 as against $1,822,637,000
last week and $3,175,208,000 In the corre
sponding week last year.
Canadian clearings for the week total $66,
735.000 as against $71,479,000 last week
and $35,767,000 in the same week last year.
' Per ct. Per ct.
inc.
New York $l,n62,4!9,000
dec
48.1
25.8
SS.2
13.2
16.9
44.5
Chicago
166.041,000
Boston
Philadelphia . . .
St. Louis
Pittsburg 1 . . . .
San Francisco..
Baltimore
Kansas City . . .
Cincinnati
New Orleans . .
Minneapolis ...
Cleveland
Detroit
Louisville .....
130,767,000 ....
102,908.O')O ....
63,125,000 ....
4:1,483.000 ....
26.021.000 ....
19,706,000 ....
25,4ri6,00J ....
19.9S1.000 ....
34.6
5.4
20.2
11.8
20,680.000
19,497.000
14
12,695, 00O ....
11,113.000
8.124. 00O ....
6,421.000 42.2
8..132.1100
8,967,000
82.9
15.9
36.5
i'o' 6
9.9
16.0
1.0s Angeles . . .
Omaha
Milwaukee ....
Seattle
6,905,000
8.411,000
6.136.000
6.772.000
4.480.000
6.573.000
6.575,000
6.044.000
8.889.000
3,853.000
2,429.000
3,587,000
3.587,000
3.171.000
4,350,000
4,517,000
3.205.000
3,947,000
8.541,000
4.S45.000
8.595,000
8.629.000
2,811.000
1,742.000
2,280.000
1,967,000
2,137.000
1.649,000
1.225,000
1.952,000,
l.o'iO.OOO
1,896,000
1,802.000
1.592,000
1,61)3.000
1, 945,000
St. Paul
1.0
Providence ....
Buffalo
Indianapolis ...
20.5
42.9
1.9
1.5
sV.9
33.0
61.0
43.7
33.1
33.4
17.8
80.6
Denver
Fort Worth ...
Richmond
19.7
Albany .......
Washington . . .
Salt Lake city.
Portland, Or. . .
Columbus, O. . .
St. Joseph
Memphis ......
Bavannah
Atlanta
Spokane .......
13.3
11.7
Toledo, o
11.3
i'o'.i
Tacoma
Nashville
Rochester .....
Hartford
Peoria ........
1.4
20.9
36.1
32.8
20.4
Des Moines . . .
Norfolk
New Haven ...
Grand Rapids .
Dayton
Portland. Me . .
22.6
19.4
24.9
40.6
14.4
1R.9
Sioux City ....
Springfield ....
Evansville
10.5
38.1
10.0'
Birmingham . . -
fayracuse
Augusta, Ga...
12.6
Mobile
1,318.000
' 1,552.000
1.241.000
1,077,000
1,351.000 20.4
948.000 ....
1,718,000
992.000 ....
1,028,000 ....
783.000
9.4
Worcester
14.0
Knoxvllle
Wilmington ...
23.8
23.7
Charleston, S. C
Chattanooga . .
Jacksonville . .
Wichita
Wllkesbarra . . .
2.8
85.3
7.6
iV.i
20.3
Davenport ..... 1
Little Rock ...
Wheeling
Fall River ....
Kalamazoo ....
Topeka .......
Springfield ....
Helena
Fort Wayne
New Bedford .
Lexington .....
Youngstown ...
Brie, Pa
Macon
Akron
Rockford .....
Cedar Rapids . .
Chester. Pa
Binghamton . .
Fargo, N. D. . . .
Lowell
Canton. O
Bloomington . .
South Bend, Ind
Quincy. Ill .
Springfield. O . .
Sioux Falls ...
Mansfield. O ...
Decatur, 111 ...
Fremont, Neb 1
Jacksonville, 111
Lincoln. Neb...
Oakland. Cal .
Oklahoma' .....
Houston , . . . .
Galveston
1,193,000
1,003,000
1,053,000
. 844.000
SO5.000
874.000
651.000
626.000
729.000
647.000
406,000
531,000
536.000
. 416,000
627.000
670,000
475.000
822.000
306.0OO
608,000
. 456,000
383.000
297,000
346, OOO
340,000
841,000
193.000
237.000
289,005
182,000
1,076.000
1.159.000
522.000
16.953.000
13,358,000
19.9
14.5
33.0
29.9
7.7
18.8
56.3
S1.6
9.9
6.3
27.7
9.8
2.9
23.2
30.0
88.1
17.2
48. i
88.7
86.9
7.1
60.7
82.5
3.7
5.1
S.8
CANADA.
. .$22,526,000
19.056.0OO
.. 10.747.000
.. 2,323,000
. . 2,752.000
. . 1,366.000
.. 2.024.000
.. 1.171.000
.. 1,107,000
.. 1,199.000
791.000
. . 1,099,000
574.000
Montreal
Toronto ......
Winnipeg
Ottawa V.
Vancouver ....
Halifax ..'
Quebec
Hamilton
St. John. N. B.
London. Ont . .
Victoria. B. C.
Calgary
Edmonton -
24.4
27.0
14.1
12.2
37.2
.3
28.1
12.6
10.4
1
25.7
22.8
INDUSTRIAL OUTPUT IS CUT DOWN
Curtailment
Is General . In
Steel Trade.
the
Iron and
NEW YORK. Jan. 3. ft- G- Dun & Co.'s
Weekly Review of Trade tomorrow will say:
Business quieted down at the conclusion of
the holiday sales, as Is customary, and time
was devoted to stock taking, while manu
facturing plants were overhauled and re-
tialred. Much Idle machinery resumed on
January 2 and more mills will reopen next
week, but in many leading industries there
will continue to be a reduction In output
until the outlook Is more definite. The cur
tailment Is general In the iron and steel
Industry and at New England cotton mills.
Clothing manufacturers have received
numerous cancellations and In some Uni
buyers have asked delay in shipments of
trlng goods until the situation Is mo
fully developed. There Is a better feeling as
to mercantile collections since the closing
days of December brought no special pres
sure In the money market.
Many iron furnaces and steel mills have
resumed and others are to open next week.
Hides are generally weaker, except
6 Investment Bonds
"We are offering an attractive and one of the very best
investments which can now be purchased at the lowest
prices. These bonds are in denomination of $100.
"With every sale of bonds
100 PEE CENT STOCK BONUS IS GIVEN
You get $200.00 for every $100.00 invested
Further information upon request.
ST. JOHN GAS LIGHT & HEAT COMPANY,
206-7-8 Couch Bldg., Portland.
light receipts of heavy sole leather sides sus
tain that variety.
FREE SELLING OF WHEAT
ADVANCE IS PREVENTED IX THE
CHICAGO MARKET.
Leading Bulls iA-t Go at Every Rise.
Corn and Oats Close
lower.
CHICAGO. Jan. 3. Free selling by lead
ing bulls broke the wheat market on every
advance. The close was easy. May opened
unchanged to c higher at (1.07K 01-OTTi.
sold off to 1.06V4 104 and closed at
tlM.
The com market was also weak tne great
er part of the day. The close was weak
with a May shade to 4 c higher at 61ft
e6114c.
May oats opened c higner at 55
JSSc. sold oft to B4c and closed at S4c.
provisions openea nrm. i..tr, m. divmh
In corn caused moderate weakness. At the
close. May pork was off 5c; lard was un
changed and fbs were a shade lower.
Leading futures ranged as follows:
WHEAT.
Open. High.
Low.
$1.06 4
.08
M
.60i
.69
.58
Close.
$1.06'i
.99 V?
.85
.61 VI
.60
.68
I
.54
.63
.48 Vi
.46
May
July
..$1.0714 tl.07
.. .95 .96
CORN'.
6eptember
May
July
September
.62
.60
6054
.62
.eoi
.60
OATS.
May, old .
May. new
.66H .5514
.6314 .53V
.48 a - .m
.461 .46
MESS PORK.
.64
-52vi
.48-lJ
.46
July, old
July, new
Januaryy
...12.77V4 12.77V4 12.67V4 12.67V4
May 13.36 13.40
LARD.
January
7,87Vi 7.87Vi
8.07 Vi 8.12Vi
SHORT RIBS.
7.82 V4
s.oevs
7.88
8.05
May . ..
January . ... 8.90
6.90
7.80
682V4
7.20
6.82V4
7.22V4
May 7.30
Cash quotations were as follows:
Flour Firm.
Wheat No. 2 Spring, $1.08(91.'12; No.
8, $1
1.10; No. 2 red. $1.00V4'l.OlV4.
Corn No. Z, 6960c; No. X yellow, u
63V4C.
Oats No. 2, 60c; No. 3 white, 4wjroio.
Rye No. 2, 80c.
Barley Fair to choice malting. 8ftff08c.
Flaxseed No. 1 Northwestern, $1.21.
Timothy seed Prime, $4.35f4.40.
Clover Contract grades. $16.79.
B-hort ribs Sides (loose). $6.67VS(?7.25.
Mess pork Per barrel. $12.7K912.T6.
Lard Per 100 lbs.. $7.857.R7Vi
Sides Short clear (boxed) $7j7.25.
Whisky Basis of high wines. $1.35.
Receipts. Shipments.
Flour, barrel . . . .
28.600
58,000
82.900
58. 7no
Wheat, bustieltf ....
Corn, bushels
Oata. buehe la ......
Rye. bushels
Barley, bushels
....246,600
....248. 1O0
2.000
66,400
2RS.300
34O.70O
7.000
20.700
Grain and Produce at New York.
NEW YORK. Jan. 3. Flour Receipts,
28.600 barrels; exports, 13,300 barrels. Mar
ket, dull but steady.
Wheat Receipts. 49,000 bushels; exports,
96.000 bushels. Sfjot. steady; No. 2 red.
$1.07 elevator, ana Jl.vtt'-i r. o. n. anoai;
No. 1 Northern Duluth, $1.24 f. o. b.
afloat- No. 2 hard Winter. $1.18 f. o. b.
afloat. An early sharp advance carried wheat
prices to the highest point or tne weex, out
weakness soon ensued and values broke a
cent per bushel. There was considerable
liquidation based on easier cables and poor
export demand and weakness in corn. Final
prices showed 4C net loss. Closing: May,
$1.13; July. $1.06. '
Hops, hides, wool and petroleum steady.
Grain at San Francisco.
SAN FRANCISCO, Jan . 8 Wheat-
quiet.
Barley strong.
SDOt quotations:
Wheat Shipping, $1.62 01.67V4 per cen
tal; milling, $1.701.75.
Barley Feed, $1.521.55 per cental:
brewing, $1.62 1.87.
Oats Red. $1.7S2 per cental; white,
$1.551.6o; black, $2.753.
Call board sales:
Wheat May, $1.66 per cental.
Barley May. $1.55 1.67 per cental."
Corn Large yellow, $1.701.76 per cental.
European Grain Markets.
' LONDON, Jan. 3. Cargoes, firm. Call
fornla, prompt shipment, unchanged, 39a 9d;
walla walla, prompt snipment, uncnaogea,
39s 6d.
LIVERPOOL. Jan. 8. Wheat. March, 8a
IVid; May, 8s d; July, nominal.
English country markets, 6d dearer;
French country markets, quieter.
Argentine shipments, 240,000 bushels; last
week, 2O8.00O bushels. India shipments, 184.-
000 bushels; last week. 144,000 bushels.
Minneapolis Wheat Market.
MINNEAPOLIS, Jan. S. Wheat May,
$1.13; July. $1.1301.13; No. 1 hard.
$1.14 01.15; No. 1 Nprthern, $1.12
1.13; No. 2 Northern, $1.10; No.
Northern. $1.06.
Wheat at Dnloth.
DULTJTH, Jan. 8. Wheat No. 1 North-
em. $1.10; No. 2 Northern, $1.08; May,
$1.14; July, $L14.
Wheat at Tacoma.
TACOMA, Jan. 3. Wheat, unchanged;
bluestem, 83e; club. 81c; red, 79c
New Theory of Evolution.
CHICAGO. Jan. S. Professor W. L.
Tower, of the University of Chicago, who
has been working, on a new theory of
evolution to supplant those of De Vries
and Darwin, brought before the scientists
of the American Association for the Ad
vancement of Science in the zoology lab
oratory of the university yesterday his
experiments and conclusions reached with
the potato bug. His conclusion Is that
evolution has not taken place wholly by
mutation, nor by natural selection.
Officers were elected as follows
Thomas Chamberlain, - president. Uni
versity of Chicago; vice-presidents,
C. E. Guth, University . of Iowa
L. Kathenburg, University of Wis
consin; F. Swain, Institute of Techno!
ogy, of Massachusetts; Bailey - Willie,
United States Geological Survey, Wash
ington; C. J. Herrick, University of Chi
cago; H. Richards, Columbia University
R. Woodworth, Columbia University.
It was decided to hold the next annual
meeting of the organization at BalU
more next Christmas. A Summer meet
ing will be held this year at Hanover,
Jv. H.
WE WANT YOUR POULTRY
EGGS and VEAL and HOGS
Highest CASH PRICES Paid
Prompt Returns Write Us
SOUTHERN OREGON COMMISSION CO.
87 Front St., Portland.
W. H- MeCorauodale. Manager.
Lester Eerrick 6 Herrick
Certified
Public Accountants
Office
Wells Farsjo Bulldlnc
Other Offices
Ean Franclsso Merchants Exchange
Seattle Alaska Building .
Los Ang-eles... Union Trust Building,
New York 30 Broad Street
Chicago 189 La Salle Street
C. GEE WO
The
Well-K.no:
Sellable
CHINESE
Root and Herb
DOCTOR
Has made a Ufa study
of roots and herbs, tal
In that study discovered
and is giving to the
world his wonderful
remedies.
No Mercury, "Ions or ururi
Cores Without Operation, or Without the
Aid of the Knife. He guarantees to cure
Catarrh. Asthma. Lung. Throat Rheuma
tism. Nervousness. Nervous Debility. Stom
ach? Liver. Kidney Troubles; also Lost Man
hood. Cimili Weakness and All Private
Diseases. A gvllT. CANCTCR CTJHE
Juftt Becelved from Peking. China Safe,
8tire and - Uellable. IF you ARK AF-A
FLICTruu. uua i ucAjiw. ci.w
DANGEROUS. If you cannot call, write for;
symptom blank and circular. inciois a
cents in stamps. v. v i. . . ....... ,
Xfit c Gee wo inwese jaearems vew
162V4 i'lrst St., Cor. Morrison. j
Portland, Oregon. .
Please Mention This Paper.
5) FOR WOMEN ONLY
Dr. Sanderson's C o m p ound
Savin and Cotton Root Pills.
The best and only reliable
remedy for DELAYED PER
IODS. Cure the most obstin
ate cases in 3 to 10 days. Price iZ
per box. or three boxes $5. Sold by
druggists everywhere. Address T. J.
PIERCE. 181 First St., Portland. Or.
TRAVELERS' GUIDE.
jtamburq-Jkmerican.
tCAAND UP 1ST CLASS ACCORDING
JUtO STEAMER AND DESTINATION,
by most modern and luxurious leviathans.
London
Paris
Hamburg
Sails to
Gibraltar
Naples
Patricia
Bluecher
...Jan. IX
.. . Jan. 18
...Jan. 2.A.
Graf Waldersee
Amerika (new)
. .Jan. 30
Pres't Lincoln (new).Feb. 1
Hamburg direct.
I Batavia Jan. 14, Mar. 7
I Moltke Jan. -29. Apr. 22
f Hamburg. . .Feb. 15. Mar. 31
I Special trips by S. S. Ham
J hiirr Jan. 4 and Feb. 13.
Genoa
Alexandria. Special trips by S. S. Ham
turg via Gib. & Italy.
West Indies and Orient
Special cruises ty superb steamers, last-j
ing from 16-79 days. Cost from $75 to $300
NILEU1SERVICE. Bookings here for steam
ers of Hamburg and Anglo-American Nile
CTourlst Dept. for General Information.
Travelers' Checks good all over the World.
HAMBURG AMERICAN LINE.
908 Market St., San Francisco,
and Local R. R. offices. Agents, Portland.
PORTLAND RY.. LIGHT POWER CO.
CARS LEAVE.
Ticket Office and Waltlng-Room.
First and Alder Streets
rWOTin CHt 4:00. 6C2S.
7:00, T:3SL
11:05, 11:40
.in d.iK tt-vn fl-ft.Y 10:30. 11
.' . 'tn'in tt-Rti 1-25. 2:00. 2:35. 3:10.
8:43,"4:20, 4:55. 6:80. 8:05. 0:40. 7:15.,
7:00. 8:25. 9:00. 10:00. 11:00. 12:00 P. M.
Ores ham. Boring, Eagle Creek, Esta
eada. Cazadero, iairview and Troutoaie
30 9:30, 11:30 A. M.; 1:30. 8:40,
0:44. 7:15 P. M.
VANCOUVER.
Cars Leave Second and Washington St.
.6 15 6:50, 7:25. 8:00. 8:35, 8.10, 9:45,
10-20 10:55. 11:80 A. M. ; 12:05. 12:40.
1-15 1:00, 2:25. 3:00. 3:35, 4:10. 4:45,
6-20' 5:55. 6:30, 7:03. 7:40, 8:15. 8:25.
110:36. 111:4.3.
On third Monday In every month tse
last car leaves at 7:05 P. M.
Dally, ex. Sunday. tDally, ex. Monday.
SAN FRANCISCO PORTLAND S3. CO.
Only direct steamers to San Francisco -Only
ocean steamers sailing by daylight.
From Alnswnrth Dock, Portland. IP. E
SS Costa Rica, Jan. 6.
t4 Senator, Jan. 12, 24, ete.
From Spear Street. San Francisco, 11 A. it,
bs Senator, Jan. 7, 19, 81, etc
kk Rose City, Jan. 13, 25, etc
JAS. EL DBWSON. Agent.
Alnsworth Dock. Main 268. '
North Pacific S. S. Co's. Steamship 1
fioanoke and Geo. W. Elder
Sail lor Eureka, baa Francisco and,
Los Angeles direct every Thursday:
at 8 P. M. Ticket office 132 Third!
St., near Alder. Both phones, U,!
1314. H. Young. Agent
COOS BAY LINE!
Tha steamship BREAKWATER leaves
Portland Wednesday at 8 P. M. from Oak
street dock, tor erth Bead, Murstinld aod
Coos Bay points. FrIgiit received till 4 P
M. on day of sailing. Passenger fare.- flrst
clajs, $10; second-class, $7, Including berth
and meals. Inquire city ticket office. Third
and Washington streets, or Oak-street dock.
" WILLAMETTE RIVER ROUTE
Steamer Pomona for Salem, Independence,
Albany and Corvallls, leaves Tuesday. 4
Thursday and Saturday at 6:4S A. M-
Bteamer Oregonia for Salem and way land
ings, leaves Monday, Wednesday and Friday;
at 8:45 A. II.
OREOOX C'ITT TRANSPORTATION CO,
Office and Dock Foot Taylor Street I
Faons: Kala 40: A 2231, '
ft