THE -SIORXIXG OKEGOXIAN. TnUESDAT, JANUARY 9, 1908. . ' - - 13
CITY TRADE LARGE
Grocery Business Is of Almost
Norma! Proportions.
COUNTRY BUYING SLOW
Commodity Values Show No Depre
ciation as a Result of the Late
Financial Stringency Active
. Trade In Produce Lines.
The wholesale grocers of Portland bmv,
o complaint to make of business conditions
U tha present tlma. Since the first of the
rear the volume of trade has been almost
is. large as. In the same period last year,
ind this Is saying a great deal, when it Is
remenvbered that one year ago business was
booming in every line and prosperity was
st Its height. A sharp decrease In business
was looked for by some as a result of the
money panic, but, instead, buying Is on
nearly as large a scale as at this time last
year, purchasers are, of course, conservative,
paying; attention principally to. their Im
mediate wants, but these wants are suffi
ciently large to make the aggregate volume
of dealings extensive.
This Is particularly the case with the city
trade. Some falling off Is noticeable In the
size of country orders, but this Is expected
to be remedied soon The country did not
feel the pinch of tlgW money until after It'
had been experienced- in the city, and It is
natural to expect that the recovery will be
slower In the -interior than here.
What is most gratifying to the jobbers
the fact that values, have not undergone the
depreciation that was feared. The tem
porary cessation of . buying operations
aroused considerable apprehension as to the
stability of prices, but the panic period was
so short that It left no appreciable effect on
commodity values. There was no forced
liquidation In the western part of the United
States, and If there was any in the East. It
wu not largs enough to affect prices In gen
eral. The strong statistical position of most
of the grocery staples, together 'with the
prompt easing of the financial situation,
have enabled jobbers and packers to main
tain former prices without much diffculty.
A. belief In the continued improvement in
business 1 general In the trade. In this
connection, the following extract from the
annual review of one of the leading canned
goods authorities of Baltimore Is of ' In
terest: The cannera In this section will carry Into
the new year a much higher average stock
of canned goods than they have held at any
time during the last six or -eight years, and
It Is conceded, we believe, that the jobbers
in nearly all sections of the country are also
carrying at this time smaller stocks of
Maryland canned goods than usual. The con
sumption of canned goods during the year
has been larger, perhaps, 4han in any previ
ous year, and the frequent duplication of
small orders for goods. for immediate ship
ment Indicates a continuation of same dur-
Ing the Winter and Spring months. The
weather, continues very favorable for the
shipping of canned goods without danger of
freezing on the road, and the combination of
all these circumstances forms the basis of
the belief that the next six months will wtt
netts a revival 'in a larger way of the buying
all along the line.
CHICKKX PRICES SLUMP A CENT.-
Receipts Are T-arge and Buyers Hold Off.
Eggs Sell Slowly.
There were liberal recelptn of -poultry
on Front street yesterday, and, as Is usual
ly the case when the street is well stocked,
buyers; did not show much keenness tor-take
on supplies. The result was an early drop
of fully a cent in chicken quotations. As
a considerable quantity of this, kind of
poultry was carried over, others . seems a
good prospect of another decline today.
The same tactics were pursued by buyers
In the eg market and a very. weak tone
prevailed .In both Oregon and Eastern eggs.
The butter market is likewise weak under
a heavy supply of country creamery, but
some of the city- creameries still maintain
the previous high quotation on their best
. grade.
FIRMER FEEUNG IN OATS MARKET
Xornl and Shipping Demand Larger Wheat
Is Steady.
A distinctly better feeling prevails in
the oats market. Prices have not yet been
advanced, but an upward movement ap
pears to be Imminent. The demand, has
Improved of late, both locally and on ship
ping account. Reports received from up
the valley are to the effect that many
farmers are grinding their oats and using
them in place of mill feed, owing to the
scarcity and high price of the latter. There
ts also a firmer tone in the barley market:
Local wheat quotations hold steady and
unchanged In spite of some declines in the
East and In Europe. A fair amount of
business has been reported In the last few
days, .
Fruit and Vegetable Trade (ood.
The fruit and vegetable trade was of
good proportions yesterday, weather condi
tions at this, time of year -having no effect
on business. Carlot arrivals were light,
consisting only of one car pf oranges and
one car of bananas. A shipment of Florida
tomatoes was received and' they were of
fered at $5.50 per crate. A firmer tone Is
apparent in the apple market as the season
advances.
Bank Clearings.
Clearings of the Northwestern cities yes
terday were as follows;
Clearings. Balances.
Portland 0M,iM $118.15
Seattle
1,224, rtrtti 121.65
Tacoma
Spokane
7S3.771
11.679
53,51 ft
.62.253
PORTLAND QUOTATIONS.
Grain. Flour, Teed, Etc
. WHEAT Club, 85c; blue stem. 87c; Val
ley. 85c; red. 83c.
OATS No. 1 white. $27. gray.
$27.M4j 2S.
PAR J, BY Feed. $2750 per ton; brewing,
$32: rolled, $2tf(fr30.
FLOUR Patent. $4-93: straight. $4.40;
clears. $4.40; Valley, $4.40; Graham flour,
$454.75; whole wheat flour, $4-M5; rye
flour. $5-50. - ,
MlLLSTlTFFS Bran, city, $23 f country,
. $24 per ton; middlings, $29; shorts, city,
country $25.50 per ton; chop. $l8'if
2 per ton.
V'EREAL FOODS Rolled oats, cream. 90
pound sacks, per barrel. $8; lower grades,
$u.5u$7-50; oatmeal, steel-cut, -45-pound
sacks. $S.50 per barrel; 9-ponnd sacks.
t$S per 'barrel: 9-pound sacks, $4.50 per bale;
uplit peas. per. COO pounds. ?4.254 SO;
pfarl barley. $4(jj 4 50 por 100 pounds;
pantry flour. 10 pound sacks. $2.00 per bale;
flaked whtat. $3.25 per case.
CORN Whole. $32..V; cracked", $32.50.
HA Y--Valley timothy, No, 1. $18 per ton;
Ktstern Oregon timothy. $2122; clover,
$15; cheat, $15; grain bay, $1516; alfalfa.
$45; vetch $14. . a
Vegetables, Fruit, Etc
DOMESTIC FRUITS Apples. 75c$2 per
box; peaches, 75c ft. $1 per crate; pears. $1.25
- T $175 per box; .cranberries, $y.5012 per
barrel '
TROPICAL FRUITS Lemons. ' $2.50 4 00
per box; orang". navels, $2-252-75; Japa
nese oranges. 50c per box; grapefruit, $4;
bananas. 6'n5Sc pT dos.. crated. 5c; pine
apples, $4.50 per doxen; pomegranates, $2.25
per box: persimmons, $l t0 per box; tanger
ines, $1.75 per box-
ROOT VEGET ABLER Turnips, 75c per
ark; carrots. 65c per sack; beets, $1.00 per
ark; garlic. 8c per pound.
J-KESH VEGKTABL.es Artichoke. $125
per doxen; beans. 45c per. pound;
cabbage, lc . per pound; cauliflowers. 75c
SI. 00 per dozen; celery, $3.23.50 crate;
lettuce, 'hothouse, $101.25 per box; onions,
15&2ft? oer dozen ; parsley, 20o per dn-en;
pes. lOc per pound; peppers. 84717 per
pound: pumpkins. l$l4c per pound; rad
ishes, 20c per dozen; spinach, Ac per pound;
pp routs, 8&10c per pound; squash. l&lHc
per pound ; tomatoes. 92 per box.
O.VIONS-Buylng price, 11.75 Q 1.85 per
hundred.
POTATOES Buying price. 40 60c per
hundred, delivered Portland; sweet pots
toes, S2.75&3 per xwt
Butter, Kefs, poultry. Etc
BUTTER City creameries; Extra cream
ery, 85 37 He per pound; state 'creameries,
fancy creamery, 32tfr35-c! store butter,
choice., 20c - - '
CHEEKS -Oregon full cream twins, 18
16i6c; young . America, 17lT)6e per
pound. - . .
EQ-GS Fresh' ranch, candled, 3031c
per dozen; Eastern, 2 1(g) 23c per doxen.
POULTRY Average old hens,' 13 14c;
mixed -chickens, 13c; Spring chickens,
13c; roosters, 8$ 10c; dressed chick
ens, 14c ; turkeys live, 1017c; dressed,
choice, 18520c; geese, live, per pound, 99
10c; ducks, 15c; pigeons, SI 1.50; squabs,
VEAL 75 to 125 pound's, 9Hc; 125 to
150 pounds. 7c; 150 to 200 pounds. 5Q6d.
PORK Block. 75 to 150 pounds. 6fe0
7c; packers, H7c
Groceries, Nuts, Etc
RICE Imperial Japan, No. 1. 6Me; South
ern Japan, 55o; head, 7c
COFFEE Mocha, 3428c; Java. Ordinary.
17 if 20c; Costa Rica, fancy, I820c; good,
16 18c; ordinary, 12 16c per pound. Co
lumbia roast cases. 100s, $14.50; 60s, $14.75.;
Arbuckle. $16.03: Lion. $15,88.
SALMON Columbia River, 1-pound tails,
$2 per dozen; 2-pound tails, $2-95; 1-poumd
flats, $2.10; Alaska pink, 1-pound tail a 95c;
red, 1-pound tails, $1.55; aockeyes. 1-pound
talfs. $1.00.
SUGAR Granulated, $5.60; extra C,$5.10;
golden C, $5-00 ; fruit sugar, $5-60 ; berry,
$5.tf); star, $5.50; beet sugar. $5.40. Advance
sales over sack basis as follows: Barrels,
10c; y. barrels. 25c; boxes, 50c per 100
pounds. Terms: On remittances, within 15
days andwithln 30 uays.. deduct He; maple
sugar, 15 18c per pound.
NUTS Walnuts, 15 20c per pound by
sack; Brazil nuts, 19c; filberts, ICe; pecans,
1618c; almonds, 19 fa 20c; . chestnuts,
Ohio. 25c: peanuts, raw. 68Hc- per
pound; 1 roasted, 10c; plnenuta, 1012e; hick
ory nuts, 10c; cocoanuts, 85 90c per dozen.
SALT Granulated. $1800 per ton; $225
per bale; half ground, 100a. .$13.50 per ton;
60s. $14 00 per ton. -
BEANS Small white, 4c; large white,
44e; pink. - 4 20c; bayou,, 4c; Lima, tic;
Mexican red,- 4c
HONEY Fancy, $3.50(3.75 per box.
Provisions and Canned Meats.
BACON Fancy breakfast, 22Ho pound;
standard breakfast. 19 He; choice. 18 He;
English, 11 to 14 pounds, 14c pound.
HAMS 10 to 11 pounds, 124c pound; 14
to 16 pounds, 12Hc; 18 to 20 pounds, l2e;
picnics, 9c; cottage, 10c; shoulders, 10c;
boiled, 24c
SAUSAGE Bologna, long.- 8c; links, 7Hc
BARRELED GOODS Pork, barrels, $20;
half-barrels, $11; beef, barrels. $10;. half
barrels. $5.50.
DRY SALT CURED Regular hort clears
dry salt, 10c; smoked, 11 c; clear backs,
dry salt, 10 c; smoked, 11 e; clear bellies,
14 to 17 pounds, average, dry salt. 124 c;
amsked, 13 c; Oregon exports, dry salt,
12 c; smoked, 13 He.
LARD Kettle rendered! Tierces, 12c;
tubs, 12!c; 60s, 12fcc; 20s. 12c; 10s, 52c;
5s, 12c; 3, 13c; standard pure, tierces.
Ho; tubs, HHc; 50s, HHc; 20e. llc; 10s,
llc; 5s. 12c. Compound; Tierces, 7c;
tubs. 7c; jSOs, 7c; 20a, 7c
- Hops, Wool, Hides, Etc .
HOPS 1907, prime and choice, 57V4c
per pound; olds., l2c per pound.
WOOL Eastern Oregon, average best, 18
20c per pound, according to shrinkage;
Valley, IS 20c, according to fineness.
MOHAIR Choice, 20 30c per pound.
CASCARA BARK 56c per pound; car
lots. 7c per pound.
HIDES Dry. No. 1, 15 pounds and up.
12(g) 12 He per pound1; dry kip, No.' 1, 6 to 15
pounds, 12c per pound; dry calf. No. 1,
under 5 pounds. 14c; dry salted, bulls and
stags, one-third less than dry flints; culls
moth-eaten, badly cut, scored, murrain,
hair-slipped, weather beaten or grubby; 29
3c per pound' less; salted hides, 56cf
salted kips, 56c; calf skins; 7Sc; green
hide, lc per pound less.
FURS Bearskins, as to size. No. 1, $5(9
20 each; cubs, $13 each; badgers,, prime,
2550o each; cat, wild, with head perfect,
30 w 50c ; cat. house, 5 S 20c ; fox. common,
gray, large prime. 5070c each; red. $35
each; crobs, $515 each; silver and black.
$lOO30O each; fishers. $508 each; lynx,
$4.50 6 each;' mink, strictly No. 1. accord
ing to size, $103 each; marten, dark, north
III 01$ Mooo pus ezfs 01 SuipjoooB uj
each; pale, pine, .according to size and
color' $2.504 each; musk rat, large, 12015c
each: skunk, 3040c each; civet or pole
cat. 515c each; otter, for large, prime
skins. $10; . panther with head and
claws, perfect. $25 each; raccoon. for
prime, large. 5075c each; wolf, mountain,
with head perfect, $3.505 each; prairie
coyote), 60c3$1.00 each; wolverine, $908
each.
"PORTLAND MVESTOCK MARKET.
Price. Qooted Ioovllr oil Cattle, Sheep and
Hog..
. The livestock market Is firmer with an up
ward tendency In all lines. Receipts yester
day were 85 cattle and.tlO sheep.
The following quotations were current In
the local market:
CATTLB Best steers, $"".75i"M.25: me
dium. 3.253.75: cows. $3.003.25; fair to
medium cows. 2-.5082.75; bulls, 1.B09.
2.25; calves, 3.5O4.o0.
SHEEP Good sheared. t4.K.lff 4.T5; full
wool. 4. M 5.00; lambs, $4.50 5.25. '
HOOS Beat. $5.00 5.28; lights and feed
ers, 4-503.0O.
Eastern livestock Prices.
OMAHA. Jan. 8. Cattle Receipts, 4000;
market, steady. Native steers,. $3.oO5.50;
native cows and heifers. $2)4.25; Western
steers. $3lfj)4.M; Western cows and heifers,
$1.752.T5: canners, 1.202.'23; stock ers
and feeders, 2.754.40; calves. $395-50;
bulls and stags, $1.754.
Hogs 'Receipts. 12.00O;' market, shade to
5c Jower. Heavy. $4.2a,4.30; mixed. 4.20
4.2o; light. $4.1584.25; pigs, $44.20;
bulk of sales. $4.SO4.25.
fchcep-Recelpts. 6000; market,, shade
stronger. Yearlings, $55.50; wethers,
$4.S04.S5; ewes, $44.60; lambs, $6.23
ft.90. ' , . .
CHICAGO, Jan. 8. Cattle Receipts,
2000; market, steady to. a shad, lower.
Beeves, $.1.506: cows and heifers, $1,259
4.50; calves, $5-75: Westerns, $3.103.90;
stockers and feeders, $2.254.1S.
Hogs Receipts, .56,000; market. Be lower.
Lights. $4.104.47H'; mixed, $4,130)4.45;
heavy, $4.15lJ4.52H'; roughs, $4.154.30;
pigs. $3.804.26; bulk of sales, $4.404.43.
Sheep Receipts, 14,000; market, strong to
10c higher. Natives, $3.25 5 35: Westerns,
$3.2565.25; yearlings. $4.805.00; lambs,
$537.1&; . Westerns, $57.20.
KANSAS CITT, Jan. 8. Cattle Receipts,
0000; mafket. steady. Native steers, $3.80
5.S0; native cows and heifers, $2.7694.75;
stockers and feeders, $3.75 9; Western
cows. $2.75 4.
Hogs Receipts, 25.000 r market. ' 5.9 lOo
lower. Bulk of sales, $4.204.35; heavy,
$4.304 40; packers, $4.204.35; pigs .'and
lights. $44.30.
Sheep-Recelpta. 5000; market, strong to
10c higher. ' Muttons, $4.25 4. 90: lambs.
$0.2566.80; range wethers; $4.25 95.53; ted
ewes, $44.60,
Eastern Mining Stocks.
BOSTON, Jan. 8. ('losing quotatl
Adventure ...$ 2.50 Parrot .
Altouez ..... 2S.50 Quincy
Amalgamated 48.87 IShannon
Atlantic 9.75 Tamarack ...
Bingham 4.23 Trinity
t'al A Hecla.6O0.OO t'nlted ' Cop. . .
-Vntennlal . . 25.00 S. Mining.
Oop. Range. .. 58.25 V. S. Oil
ons:
$18.50
83.00
10.75
67.00 .
1575
7.75
33.50
TOSS
30.25
4.30
4.87 i
120.00
45.00
13.75
S-S7-4
104.50
15.12
laly West... 7.75 ILtah
Kranklin . 7.87-fajVlctorla
Granby 82.tO
Isle Royale 18.541
Mass Mining.. 3.50
Winona
Wolverine . .
North Rutte.
Micnigan
9.50 (Butte Coal. .
Mohawk 50.30
Mont. c. C. 1.00
Old" Dominion 30.25
Osceola 88.00
NEW YORK. Jan."
Adam. Con..... 5
Alice 300
Breece 10
Brunswick Con. IO
Comstock Tun. t 20
t C A Va 55
Cal & Alii. . .
Arls com . . .
8. dosing quotations:
Standard t.140
Little Chief.
Ontario ...
.200
Ophir .115
Potosl .. ...... 9
Savare Re
Horn Silver. . .
Iron Silver. . .
Leadvllle Con.
(Sierra Nevada... 35
Small Hopes.'...: 20
75
6
New York Cotton Market.
KEw YORK, Jan. 8. Cotton future,
closed stoady. Closing bid: January. 10.51c;
February. 10.60c: .March, . 10.70c ; May,
18.70c; June, 10.95c; October, 10.04c
HALT IN ADVANCE
Reaction Sets In in .the Stock
- Market. -
BULL CAMPAIGN IS. ENDED
Prices Slide Backward, but Recover
Some of the Ijoss at the Close.
Effect of Northern Pacific
Dividend Action.
NTJW YORK, Jan. 8. Events today con
firmed the doubts which began to manifest
themselves yesterday over the operations for
a rise In stocks, and they were practically
abandoned. (Some natural reaction followed
with the selling out of disappointed specu
latona, who had bought in hopes of an ex
tension of the advance, but the backward
movement was moderate, measured by the
extent of the previous buying and the ad
vance.. .' .
The action of the Northern Pacific di
rectors In declaring only the regular quar
terly dividend proved particularly disconcert
ing to the bull party In the speculation, whtoh
had advanced very bold claims of Inside In
formation of an Intended distribution of 10'
per cent In extra dividends. The "failure of
these prophecies greatly discredited the claims
on which till, bull party has worked, which
Included .Intimations of encouragement and
backlDg from Important capital Interests. -The
confirmation of yesterday's rumors of an In
tended receivership, for the Chicago Great
Western caused misgivings of further Hamage
to the sufferers from, the financial crisis, and
the resulting reaction. Reports became cur
rent of . offerings at a wide discount In the
curb market of Erie one-year notes, of which
$5,600,000 were Issued to mature In the com
ing April. A $6,000,000 Rock island Issue ma
tures about the same time. .
The finances of the Southern Railway ' of
fered a sufficiently close analogy to bring Itg
stocks Into -the. movement today. The. condi
tion thus presented la . general enough to have
an' Influence on railroad securities as a whole.
Railroad companies of first-class credit, as
well as those lower In the scale, were driven
to temporary note lsmies last year and very
heavy maturities fall due all the present year.
Foreign markets, as well ae our own, have
Shawn their . sensitiveness this week to an
nouncements of new government loano. It
became known today that additional New York
C'iy revenue bonds tied been. sold to the syn
dicate which obtained an option on ' them' at
the time of the previous subscription. A
heavy volume of mercantile - credit, again
must be taken care 'of.
The pushing of prosecutions against finan
cial offenders and notice from supervising au
thorities of exact compliance with restrictions
to be required are looked -to as part explana
tion for the abstention from speculative activ
ity of some of .the ' previously conspicuous
farces. An Influence in the same direction Is
the new regulation soon to go Into force for
weekly statements of - financial condition," to
be made to the-state banking department, of
the trust companies as well aa the state banks.
' The coalers were sustained to some extent
today by reports of probable Congressional
enactment of the requirement for divestment
of ownership of coal properties. Renewed In
timation's of the shaping of the Government
suit for dissolution of the Hartiman railroad
merger weighed on the stocks
There was a' turn against a short Interest
In . American . Sugar, after the stockholders'
meeting, and the market enjoyed a rally 'in
sympathy with the upturn In that stock.
Bonds were Irregular. . Toal sales, $2,722,
000. United States 4s. regular,- advanced 4
and tbe coupons "i per cent "on .call,.
ClioSINQ STOCK QUOTATIONS.
. . Closing
Open. High. low. Bid.
Adam. 'Express ;. . lt!5
Ainal Copper 21,800 4! 48-4 . 48
Am Car & Fdy Co. 400 31 i 31 31
do preferred . ' Sa
Am Cotton Oil .... 6.100 84 32 33.V.
do preferred . 90
American Ex prose . ..... u; 20.
Am Hd V Lt pfd..' 13
Americon Ice ..... 8.100 1B ' 17f4 18
Am Unseed Oil , . . 200 . 8 K 8 "ft
do preferred 100 19!4 194 19
Am Locomotive ... 1.300 87)4 Eft's 36
do preferred 500 87 8H 86
Am Smelt & Ref.. '25,400 7666 73"4 73
do preferred 400 4- 9414 94 i
Am Sugar Ref 12,200 107!. I0714 107 .
Am Tooaoco ctfa.. 700 77 . 7514 77
Anaconda Mln Co. r.8J0 30 3014 X0
Atchison .1.200 l v 8T4
do preferred 200 84 84 8414
Atlantic Coast "Line 704
Baltimore & Ohio. 600 83 82!4 ' 82
' do preferred . . ..... 80
Brook Rap Tran.. 1.100 156 56 156
Central of N J 100 174 .174 . 173
Chesapeake & Ohio 300 . 30 29 29
Chlcagj Gt West.. 16.900-. 4 4", 4
Chicago & N W. . 2,20Ow143 J415 142V
C, M .4 St Paul.. 900 107 106 107)4
Chicago Ter A Tran .-. 6
do preferred ..... 15
C. C, C & St Louis 300 56 66 - . 66"4
Colo Fuel & Iron.. 1.100 20 19)4 ' 1
Colo & Southern.. 600 254 24 24
do 1st preferred. 1O0 6i 51 51 Vi
do 2d preferred. , 42 H
Consolidated Gas.. SCO 101). 101 HOW
Corn Products ..." 400 .114" 11 11
do preferred ..... ' 61
Delaware & Hud 1,900 165 1U)4 163
Del Lecka & "West 300 600 . 4K5 635 '
D A R' Grande 800 20"i4 20)4 20i
do preferred -. , . . "0
Distillers' Seourl., 900 32 31 T4 32
Erie ". 6.300 17 .- IO1 'A
do 1st preferred. 1.30O 34)4 32 S3
do 2d preferred. 700 25 23 24 .
General "Electric.;. 300. 11-7 115 115)4
Illinois Central ..'.,:.....- ' '. 125
Int Paper 2.100 10 9 9
do preferred 2.400 68 '- " 58 58VI
Int Pump 2,000, 14 : 14 14
do preferred ..' ,'..... 64
Iowa Central ...... 10
do preferred ..... 32
Kan City Southern 23
do preferred 51
Louis Nashville. 60 944 93"4 94
Mexican Central.. 1.300 15 15 15
Minn & fit Louis.. 2O0 24. 24 24
M. St P & S S M 400 87 85 85
do preferred ' 125
Missouri Pacific .. 6.600 42 4H4 42
Mo Kan Texas 1.600 - 24 24
. do preferred 100 87 87 67)4
National Lead 600 . 40 S 39
Nat R R of Mexico 43
New York Central 7,100 93 91 TJ 92
N Y Ont & West 800 B4 3S 33-4
Norfolk & Western . 200 05 - 65 64-)4
do preferred 84
North American... 200 52)4 61 60
Pacific Mali . 300 28 27 . 264
Pennsylvania 16,200 111 111 111
Peoples' Gas 100 84 84 83)4
P C C & St Louis 88
Pressed Steel Car -. 20
do preferred 10O 704 T0"4 70.
Pull Palace Car... 100 152",4 152"4 152 .
Reading 10.100 1O0 98 94
do lrt preferred v 78
do 2d preferred 76
Republic Steel '.. 100 16 16 16H
do preferred 100 69 . 69 S"4
Rock Island Co.. 1.800 15 14 14
do preferred 2.800 30 . 28 27
St L S F 2d pf 200 29 , 29 29
St Louis Southwest " 14
do preferred .... - " "29
Southern Pacific . . 3.000 73 .734 73
do preferred 7!0. 109 IOS14 IO8V4
Southern Railway,. 3.400 12 Il) 11
do preferred l.fcOO S7 34 S3
Texas & Pacific.. 19
Tol St L & "West .100 14' 14 141,
do preferred 300 S7 . . .15)4 5"4
Union Pacific .... 4,100 120 118)4 119
do preferred .... 300 83 82 ' 82
TJ S Express " 95
U S Realty : 40
V S Rubber ICO 22 22 22
do preferred .... 30O 84 824 83
U S Steel 20.900 57 2B14 26
do preferred .... 11.700 89 89)4 . 89
Va-Caro Chemical ....t 174
do preferred .... 89
"Wabash .. 800 10 10 94
do preferred1 .... : 17
Wells-Fargo Ex $10
West Blectrl 300 42 41 41
Western Union ..... ..... 67
Wheel ft Lake Brie 7
""Wisconsin Cen ... 100 15 15- ' 14
do preferred .... IOO 36 36 ' 35 .
Northern Pacific . . 75.OA0 123 319 121
Great Northern pfd 20.7ml 120 418 119
Central Leather . 200 17 17 .16
do preferred 80 . 79 79 - 79
bit Metal ; S0O 7 6 . 6
do preferred- 600 19' 18)4 -18
Sloes-Sheffield ... . i .- . 37
Total sales for the, day 485.900 shares.
' ' " ; 'BONDS.
NEW YORK, Jan. 8. Closing quotations:
U. S. ref. 2s reg.l04N Y C Q Ss. ... 84
do coupon . 104 i North. Pacific 3s 70
U. S. 3s reg 100 North Pacfcic 4s. IO0
do coupon. .. .101 H, -South Pacific 4a S3 "4
U.' S new 4a rec.lt&H
do coupon. . 120
Atchison adj. 4s 84
I tfc R G 4a.... 84
Union Pacific 4a 09
Wiacon Cent 4a 83
Japaneea 4s. . 76
Stocks at London.
. LONDON. Jan. 8- Consols for
money.
83.11-16; do for account, 83 15-16.
Anaconda. J.. 6.37
Atchison 71.87
do pref . 87.00
Bait & Ohio 85.25
Can. Paciflc.'.160.25
Ches ft Ohio. 81.00
Chi Grt West 7.00
C. M. ft S. P. 110.30
T. Central,- 96 00
Norflk ft West 67.00
do pref ' 83."00
Ont ft West.. 35 00' ,
Pennsylvania. 67.50
Rand Mines... 5.62
Reading ..... 61.00
Southern Ry. : 13.23
De Beers 13.37
do nref 39.00
D R O 20.73
iPouth. Pacific 75.62
do nref . . . . 59-00
Onion .Pacific. 123.5"
do pref. .... 84.00
U. S. Steel 27 37
do pref 91.62
Erie . 17.37
do 1st pf. . 35.50
do 2d nf . . 75.50
Grand Trunk 18.75 -
Wabash 10-25
111 Central.. .130.50
do pref 19.00
L ft N 97.O0
Spanish 4. . ... 90.00
Am. Copper... 50.50
Money, Exchange, Etc
NEJW .YORK. Jan.. 8. Prime mercantile
paper. 8 per cent. '
Sterling exchange, easy, with actual hus
'.ness In bankers' bills at $4.8550 4.8560 for
demand and at $4.81 for -0 day. Com
mercial bills, $4.8070.
Bar silver. '57c. '
- Mexican dollars, 44 c
Money on call, steady. 2T per oent; rul
ing rate, ft per cent; offered at 8 per cent.
Time "loans, easy; GO and. 90 days, 6 per
cent; six months. 6 .per cent.
Government bonds, firm; railroad bonds.
Irregular.
IJTNDfliN. .Tan. 8: Bar silver, weak.
26 7-16d per ounce.
Money. 4 per cent.
. The rate of discount in the open market
for short bills it 4 per cent; for three
months' hills, 4 per cent. .
BAN FRANCISCO, Jan. 8.-SiIver " bars,
87c.
Mexican dollars. 53e. .
Drafts, sight. 6c; telegraph, 6c.'
Sterling, 60 days, $4.81; sight, $4.85.
Daily Treasury Statement.
WASHINGTON, Jan. 8. Today's state
ment of Treasury balances In the general
fund shows:
Available cash balance ........ .$266,674,704
Gold coin and bullion. 37.6X4,310
Gold certificates 67,079.570
QUOTATIONS AX SAKT FRANCISCO.
Price Paid 'for Produce In the Bay City
Markets,
.SAN FRAJWISCO, Jan. 8. The follow
ing prices were quoted 1n the produce, market
today:
Vegetables Garlic. 46c;'green peas, SSf
5c; string beans. 015c; tomatoes, 60
$2: egg plant. 810c . - ,
Poultry. Roosters, old, $44.50; roosters,
young, $6.608.5O; broilers, small, $33.50;
broilers, large, $45; fryers, $56: hens,
$49; ducks, .old, $4S; young, $57.
. Butter Fancy creamery. 31c; creamery,
seconds, 6 c; fancy dairy, 25c; .dairy sec
onds, 24c. , - . "
Fruits Apples, choice, ' $2.23; common,
GPc: bananas, C0cgp$8; Mexican " limes, $3;
4.60;' California lemons, choice. $3.50;
common, $1.26; oranges, navels, $1.252.50;
pineapples, $33.50.
Eggs Store, 28b; " fancy- ranch, 82c;.
Eastern 21c. '
Cheese New,' 14fl4; Young America, 12
fritter. Eastern. 18c. .
Wool Spring, Humboldt' "and Mendocino.
2223c; South Plains and S. J., 5S8c;
224c; South Plains and 8. J., 6 8c;
lambs. 7llc.
Hops Old. 23c; new, 4llc
Mlllstuffs Bran. $2S29.50; middlings,
$3132.
Hay Wheat. $12 17.80; wheat and oats.
$1215.50; alfalfa, $9914; stock, S10;
ltraw, per bale, 4585c.
Potatoes Salinas Burbanks. $1.10if1.30;
sweeti. tJu752-, Oregon Burbanks, 75cft$l.
"Receipts Flour,.. 3202. quarter sacks:
wheat, 670 centals; harley, 1855 centals; po
toes, 1500 sacks; bran, S25 sacks; middlings,
150 sacks; hay, 275 tons; wool, 14 -bales;
hides, 635.
Metal Markets.
NEW YORK. Jan. 8. The- London 'tin
market ' was 2 lower at ' 121 5s for spot
and 122 6s for futures. . The local market
was easy and lower. In sympathy with quo
tations,, ranging from, 26.50c to 27c.
Copper in Tendon was lower. .'-Spot.' 61
15s, and futures 62 6s. -.Locally the mar
ket was quiet; - Lake,,. 12. 62 13.87 )4o:
electrolytic, 18.50 13.75c, and casting 13.2S
13.60c. " .
-Lead was' lower at 14 5s in London and
quiet locally- to a shade lower - at 8.60
3.70c.
Speltser . declined 2s 6d "to 19 7s 6d in
the London market, but quiet and un
changed locally at 4.304.35c
The English iron market was lower, with
standard . foundry at 47s and Cleveland war
rants at' 47s 8d. There was' bo further
change in the local market. .
Dried Fruit at New York.
NEW YORK; Jan. 8. Evaporated apples,
firm. Fancy, 10 181 11 c; choice. 910c;
prime. 88c and 1906 fruit at 710c
Prunes are In moderate demand on spot
Quotations range from 6c to 6c for Cali
fornia fruit"- and from 7 to 7c tor Ore
gons. 80s-S0s. . '
Aprlerts - unchanged; 'choice, . 22"23c;
extra choice. 2325c, and fancy, 2426c.
Peaches quiet but steady; choice. 11
12c: extra choice, 12lSc; fancy, 18
13 He. and extra fancy, 14Srl4c
.RsJslns are a little more actix-. Loose
Muscatel, 67c: seeded, 79c and
London layers, $1.651.75. .
Coffee and Sngar.
NFJW " YORK. Jan. 8. Coffee futures
closed steady, unchanged. Sales, 9000 bags.
March. 6.65c; May. 6.95c; September, 6.20c;
December, 8.30c Spot, steady; No. 7 Rio,
8; No. 4 Santos, 8c; mild coffee, quiet;
Cordova, 9lSc
Sugars Raw, flrm;t fair refining, 8.42c;
centrifugal, .96 test, 8.92c; molasses sugar,
8.17c. Refined, steady; crushed," 6.60c;
powdered, 6c; granulated, 4.90c.
Dairy Produce In the East. .
CHICAGO, Jan. 8. On. the produce, ex
change today the butter market was firm.
Creameries.' 20 29c; dairies. 1823c.
-Eggs Firm; at mark, cases included. 25
2ftc; firsts, 20c; prims firsts, 2Sc; extras,
30c.
Cheese Steady, 11 .18c. -,
NEW YORK, Jan. 8 Butter, firm.. Cream
eries, held seconds to .specials, 22"S 29c
Cheese, steady, unchanged.
Eggs, firm. . , '
London Stock Market.
LONDON, Jan. a.-r-The steady opening In
New York was reflected here in a frac
tional improvement. Later prices fluctuated
moderately and th. market closed, easy.
Wool at St. Louis.
ST. LOUIS. Jan. 8. Wool, steady. Terri
tory and Western mediums, 202oc; fin.
mediums, 19 21c; fine, l?17e. '
BONFILS- IS FINED" $50
Both He and Patterson Warned' to
Stop Newspaper "War..
DENVER, Jan. 8. Fred G. ' Bonflls,
one of the proprietore of the Denver
Post, was found guilty of assault- and
battery upon Thomas M. Patterson, ex
United States Senator and principal
owner"of the Rocky Mountain News
and the Denver Times, by Justice of
the Peace Thomas Carlpn today, and
fined $50 and costs.
Bonflls attacked Mr. Patterson as he
was walking from his . house- to his
office -December 26 last, knock's! him
down with a blow in the face, and
struck him several times afterward. At
his trial, Bonflls set up the plea of jus
tification, based upon the publication
of article In Mr. Patterson's news
papers, -containing- charges against him
which he declared to be false.
'Justice Carlon -heard considerable
evidence bearing upon these charges,
but held that "words of any nature,
spoken or published. 'do not Justify an
assault." thotigh. he said, they could
properly be considered mitigating cir
cumstances in fixing punishment. The
Justice took both Patterson. and Bonflls
to task for personal attacks upon each
other In their respective newspapers,
and adjufed them, "for the good of the
general public," to stop the practice.
He warned Bonflls not to repeat the
assault, as he has threatened to do.
- Bonflls' attorney filed notice of appeal
to-the County Court
NEWS IS BEARISH
General Selling of Wheat in
the Chicago Pit.
LOSSES AT THE. CLOSE
Depression Dne to Reports pf Good
Harvesting Weather in Argentina,
"Declines In Europe and Ces
. satlon of Export Buying.
CHICAGO, Jan. 8. The wheat market
was weak all day, with the exception' of on.
spurt during the first half hour of the ses
sion, this due to buying hased on re
ports of liberal sales of cash grain. A. on
the preceding day, several of the leading
commission housese were free sellers -and
there was also considerable selling by small
holders. " Excellent weather for harvesting
in Argentina lower- prices for wheat at
European markets, and reports to the effect
that export business was almost at a stand
still were the dominating influences. The
market closed weak. May opened a shads
lower to a shade higher at (l.OSH 91.0fta,
sold up to $1.08 and then . declined to
1.05H." The close was at Sl.OSVt 1.05H.
The corn market close'd weak at the low
est point of the day. May opened -a shade
to H"e lower at 61 H4c, sold at
(11 SI He and then declined to 60-jac
where it closed.
Oats were dull and prices showed little
change. May opened unchanged at 64 Vc,
sold off to S4 Vic where lt closed.
Provisions were weak -on selling by ex
porters and local packers Immense receipts
of live hogs, involving a 10c decline, caused
the weakness. May . pork closed off 16
17Hc lard l2Hc down and ribs 10c lower.
Leading futures ranged as follows: .
WHEAT.
Open. High. Low. Close.'
Msy . ...... .I1.06S 1.0 tl.05fc 81.06.
July. .99 .98 .98
September ... .95 .94' .9474
CORN.
"V . ..' .66." .80
July 60V4 . .&Hi .S9V4 .S9V4
September ... .59 j .69 .69"4 .
' . OATS.
May. old ... .644 .54 .84 .!(
May, new... J,2Vt . . ..63. .(,2 .62i
July, old 48-f, ; .4814 .484 .482
July, new ...' .46 .46 -.4854 -.48
. MESS PORK. ;"
January . ..12.96 12.95 - 12.95 . 12 9.1.
May . .......13.65 13.70 : 13.66 J3.57
LARD. .
January. ... 7.00 7.92H 7.87 7.87
May. ....... 8.17 8.17 8.10 8.12
' ' SHORT RIBS.
January'.- ... 6.97 6 97 6.97 697
May . 7.374 7.40 7.30 7.37
Cash quotations were as follows:
Piour Steady.
TV-heat No. 2 Spring, $1.081.12; No. 8.
$101.12; No. 2. "red 99c$1.00.
Corn No. 2, 68V(g!69c; No. ? yellow, 63
82o.
Oats No. 2, 60c; No. 8 white, 48V3c. '
Rye-No. 2. 82c.
Barley Pair to choice malting, 9ftc1.04.
Flaxseed No. 1 Northwestern. $1.22.
Timothy seed Prime. 4.36-i.40.
Clover Contract grades, $17.-
Short ribs Sides (loose). $8.77.28.
Mess 'pork Per barrel, 1 13 18. 10.
Lard Per 100 lbs., $7.90.
Sides Short clear (boxed), $7l37.32.
"Whisky Basis of Ihlgh wines, $1.35.
Receipts. Shipments.
Flour, barrels 33,8(10 13,100
Wheat, bushels 83.200 '67.800
Corn, bushels .......309.900 188,000
Oas, bushels 314,000 206.400
Rye. bueliels 2 000
Barley, bushels 73,800 16,300
Grain and Produce at New York. -
NEW YORK, Jan. . Flour Receipts,
17,800 bbls.; exports, 8300 bbls.; dull and.
barely steady. . ..
Wheat Receipts, 01.000 bu exports,
Z66.100 bu. ; spot, easy; No. 2 red, $1.0614
elevator and $1.06 f. o. b. afloat; No. 1
Northern, $i.23tt f. o. b. afloat: No. 2 hard
Winter. $L1T'A f. o. b. afloat. At times
quite buoyant on a good cash business,
wheat eventually weakened today under
stop-loss selling and closed c lower.- May,
$1,12 3-101.13. closing at $1.12"; July
closed' $1.05.
Hops, hides and wool Quiet. '-.
Petroleum- Steady.
Grain at San Francisco.
SAV FRANCISCO, Jan. a Wheat, steady;
"barley, ' Arm. ..
- Spot jquotatlpns:
Wheat Shipping. $L82H1.7; milling.
$1.70(31.75. . ,
Barley Feed. $1.8214 1.87; brewing.
$1.7S2 00. .
Oats Red, $1.50ffil.6S; black, $2-7583.
Call-board sales:
Wheat May. $1.67.
Barley $1.69" 1.61. '
Corn Large, yellow, $L70("f 1.73."
"European Grain Markets.
LONDON. Jan. 8. Cargoes. Inactive; Cal
ifornia, prompt shipment, 3d lower at 40s;
Walla Walla, prompt shipment, at 89a 9d.
LIVERPOOL, Jan. 8 March. 8a &;
May, 7s lld; July, nominal.
English country markets, 6d .dearer;
French country markets, quiet.
North western - WT eat Markets.
DTJLTJTH, Minn., Jan. 8. Wheat No. 1
Northern, $1.09H; No. 2 Northern, $1.07A;
May, $1.12; July. $1.13 .
MINNEAPOLIS. Jan. 8. Wheat May,
$1.12; July. $1.12tt; No. 1 hard. $1.14H;
No. 1 Northean. $1.12; No. 2 Northern,
$1.10; No. Siorthern, $1.06 1,08.'
vnieat at Tacoma.
TACOMA. Jan. 8. Wheat, weaker but un
changed; bluestem. 85c; club. 83c; red, 81c
REAL ESTATE TRANSFERS
IDd-ward Diedrich, Jr., et al to Jcneph'
B. rHedrich, 5 acres beginning at
point 60 rods weat and M 1-3 roda
south of northeast corner of southeast
hi of Bectlon 19. township 1 south.
route 1
-"Byron C ' and Jennla B. McKlnley - to
Ludwig and Kato Repp, lot 12, block
4. Lincoln .Park
A. W. Beldlna: et al to Prank E. An
drews, lots 32, 1J; 14, 35 and 16, sub
di vision block SI, . Southern- Port
land1 '. ,
John A. and MarJ"' E. Beard to Sarah
Ettlen Burnett, lots 9 and 10, block
1 , North Ivanhoe
Victor Land Company to Robert JC
" Linos, 4ots 23 and 26, block 2, Smith
son Land Company's Addition...
Mary M. Gllman et al to Ben and Q. K.
Rlesland, lots 13 and 14, block 1,
Havelock' " .-
W. J. Patton et al to Roble L. Ruid,
lot 7. block "K." Greenway Addition
Anna L. Morgan to Char! as Morgan,
lolfl 3 and 4, block 8, Charters Ad-
dition to East Portland
In vest men t Com pan y to Jo h n P. lie
D-Miaid. lot' 4, block 1. Beverly...-.
Edward Lyons to Matilda and Patrick
Haley, lots 7 and 8, block 2, Lyons
Addition . . v
Merchants Savings A. Trurt Company to
George H. Ferrand. lots 6 and 7. block
2, Council Crest Park
O-and Ella M. Durham to P. I. Phelps,
lots 1. 2. 3, 4. and 6. block. 6, Lex
ington -Heights
James W. and Ian the Cook to Nora
Christmas, lot 7. block 2, Cook's Ad
dition to Albina .
J. H. an! Mary S. MIddleton to Estella
Smith, lot 4. block 1, Ivanhoe
W. B. and Kath'ryn Gray to J. H. Mld-
dleton, lot 4, block 1, Ivanhoe
M. and M. L. Burgin to Davfd Free
man, undivided of land In dona
tion land -claim of Jehu Ewltzler in
-Sections 5 and S,. Township 1 north,
range 2 east...
N. ti. and Clara Layman to Amelia
Duncan, 134 acres .in Section . 21,
Townihit 1 sooth, ranee 4 eaat
1
1A0O
650
1250
260
JO
1
1
1
700
1
2129
TOO
2000
A
X
8000
1400
650
400
175
Sarah -and R. Million to Andrew P. and
Mary Alderton, lots 17 and IS. block
1 1,'insal Dnek
Eertha M. and O. W. Hosford to Maude
FT. Plnckftey. loU 1. 2. a and 4, block
6. Mount Tabor. Villa Annex
GeorgQ H. Nottage et al transfer to
W. B. and Martha Rust, lot 22, block
12. B'trrace Tract .
Ralph W. Hoyt et al to John B. Tmkki,
lots 25 and 26, block 3, Arleta Park
No. 3 -
Orepon Water Power & Ry. Co.
First Mortgage 696 Gold Bonds
. ' An underlying lien of the Portland Railway, Light & .
Power Company, and unquestionably the most attractive
investment on the market among well-g stablished corpora
tion bonds, both from the standpoint of security and net
returns. ,
These bonds are redeemable at 105 and interest July
1, 1912, or in four and one-half years, and, purchased at
present price, will yield approximately 7 per cent if retired
at optional date. '
Price" and further information regarding same fur
nished upon request.
Morris Brothers
' Chamber of Commerce.
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 OAS LIGHT & HEAT COMPANY,
. 206-7-8 Couch Bldg., Portland. '
U. O. love to Anna Innes, lot 3, block
1, TV. J. Pattpas subdivision of lot
"1" In M. Patton's Tract 00
Investment Company to S. Tlpard.
lot 1. and! southern 20 fet of lot 2.
block 31 ; dso north 20 fet of lot .
block 30, 1'ledmont 2S00
Thomas A. Reynolds, Jr. and Bthftl M.
Reynolds to Edward W. and Helen
U Behm, lot 12, block "G," Ports
mouth Villa Extension ' ',' 875
Richard Nixon, trustee, and Ane IX .
Nixon to C. Hansen and William M.
I.add, 14 acrea, commencing at a
point 844 feet west of southwest cor-
' ner of block 72. Caruthers" Addition
to Caruthers' Addition; also 1-19 acres
In Carmhers' Addition lying west of
the south extension of Sixth street,
south of F. A. Hoffman's south boun
dary, east of W. O. . Allftn'a tract and
north of Marquara dulch.... 1-
Terex Brothers Oomuany to H. P.
Palmer and Ij. G. Jubltz-. lots 11. 12.
1.1 and 14. block 17, Council Crest
"Park -- 1
Charles O. and Sophia A. Plgglln to
C. W. Pallett.. 20 acres beginning . .
on section line which runs north and
aouth between gedlons 4 and o. Town
hip 1 south, range 3 east 1400
Anna M. and S. E.. Stansherry to" "Maud
Orirnth. beginning at northeast corner
of lot 2 north, block 3, Columbia
Height's, thence north 50 feet, uest
JO feet, south BO feet, east 100 feet 10
George "Svans to Vernon C GUdden. lot
5 and 6, block 2. 8panton' Addition 10
Cecil H. and Rose Bauer to Charles
" H. Axller, west of lot 5. block 7.
Smith's Addition to East Portland.. 00
Charles B. Blucher to D. W. Hull, lot
4, block 8 south. St John 825
Clarence . R. Wagoner et al to John
McKinney, lot 1, block 4. Subdivision
St. John Heights. St. John 425
Portland Masonic Cemetery Company to
Jeanette Holley, northwest 14 of lot .
66. . Section 1. Greenwood .Cemetery 1
Charles H. Thompson to J. A. Herdman.
east 20 feet of lots 1 and 2 and west
30 feet of lots 7 and 8, block 109, Hol
Iaday'a Addition , J500
Total
,21.875
Have yotrr abstracts -made br the Security'
Abstract A Truac Co.. T. Chamber of Com.
WILL PUBLISH ITS AFFAIRS
Sugar Trust Decides on . Publicity
and Turns -Down Spreckels.
NEW YORK, Jan. 8. Publicity In the
affairs of -the America- Sugar1 Refining
Company will be the -policy favored by
W. B. Thomas, acting president of that
company, according to ani announcement
which he made at the annual meeting
of the stockholders held In Jersey City
today. On that point there have been
several contests by the stockholders.
Claus A. Spreckels declared before the
meeting that he was determined to dis
cover what property the company owned
and where the property of the- company
ends and. the estate of H: O. Havemeyer
begins.
Mr. Thomas presided at the annual
meeting today. He said that the policy of
the late President Havemeyer was that
all the financial information required bs
law should be made public, but that, it
was for .the stockholders to decide wheth
er any more should be-Bone. ' Mr. Have
meyer believed that the value of as
sets was a matter of opinion and difficult
to determine. Mr. Thomas said he be
lieved Mr. Havemeyer's policy had been
fully Justified 1n the past, but that now
a policy of publicity is desirable In view
of the conditions which corporations con
front. . He added that he was heartily
In favor of this policy and hoped to put
lt into effect. The directors were of the
opinion, he said, that a substantial re
serve should be maintained to meet the
exigencies of business. . Whatever re
serve there was belonged to .the stock
holders. The policy of doing as large a business
as possible at small profits and of main
taining the strength of the company's po
sition would be followed by the directors
unless otherwise instructed. The business
in the last year had been satisfactory and
the company Is In a strong financial con
dition, Mr. Thomas said. He advocated
Increasing the number of directors rom
Beven to nine. .
Mr. Spreckels moved and the stockhold
ers adopted a motion that a full statement
of the properties and subsidiary compa
nies owned by the American Sugar Re
fining Company shall be made.
Mr. Spreckels opposed, but the stock
holders adopted a motion to preserve the
accumulated surplus as a working capital.
John E. Pearsons, of New York, and J.
B. Frailer, of Philadelphia,' were re-elected
directors and Horace Havemeyer was
chosen a director to succeed his father,
the late president.
Mr. Spreckels moved that the earn
ings of 'the company be Included In tbe
statement- of the properties owned.
Mr. Thomas said the directors would
regard this suggestion favorably in
preparing the statement, but the
Spreckels amendment was not Adopted.
The by-laws were amended so as to in
crease the board from seven to nine.
Action -of the -body on January 2 In re
serving the accumulated profits and
surplus as a -working capital was ap
proved by .the stockholders, despite a
protest by Mr. Spreckels. The amount
of the surplus was as yet unknown to
the stockholders. .
Port of Columbia Case Overruled.
SALEM, Or., Jan. 8. Special.) The Su
preme' Court today overruled the motion
fqr a rehearing In the Port of Columbia
case: The attorneys for the Port of
Lester Herrick 6 Kerrick
Certified
Public Accountants
Office
Wells FarKo Bnlldlas. -'
Other Offices
San Francisco Merchants Exchange
Seattle.. .". . . .Alaska Building
Lob Angeles..'... ..Union Trust Building
New York...... 30 Broad Street
Chicago... 189 ba Salle Street
Columbia:. Commission questioned the
validity of the- constitutional amendment
forbidding . Incorporations by special act
of the Legislature, upon the ground that
the amendment had not been -twice sub
mitted to a vote of the people.
.The court holds that under the initia
tive and referendum amendment only one
vote of the people is required.
Schedule for Major -Leagues.
CINCINNATI, Jan. 8. Although the
schedule committee of the National and
American Leagues adjourned late last
night without-giving out an official re
port." it was learned today that the. com
mittee li ad decided op .Tuesday, April i4;
as the opening date, and Wednesday, Oc
tober 7, as the closing day of the season.
Thei schedule for each league will call for
154 championship games. .
Immediately after the closing the
world's championship games are. to start,
probably on October 8. -
WE WANT YOUR POULTRY
EGGS and VEAL and HOGS
Highest CASH PRICKS Paid
Prompt Returns Write Us
SOUTHERN OREGON COMMISSION CO.
97 Tront St., Portland.
W H. McCorauodale. Manager. -
Notice to Balaklaia Copper Company
Stockholders: stockholders of record on
January 21st." will have right to nubsrrtbd
until February 5th to stock of the First
National Copper Company, which latter
company will undertake to finance' trie
Balaklaia Copper Company under plan to
be mailed that day. Transfer books of the
company will be open from January 15th to
21st. Inclusive. A. R. 'Buchanan. Secre
tary Organization Committee, 25 Broad
street. New York.
TRAVELERS GUISE.
PORTLAND RY.. TJGHT POWER CO.
CARS LEVK. ,
Ticket Office and Watting-Room,
First and Alder Streets
FOR
Oregon City 1:00. 8:25. T:00, T:5.
810. 8:45, 8:20, :D5. 10:80, 11:05, 11:40
A M.; 12:15. 12:50. 1:25. 2:00. 2:35. 3:10,
3:45. 4:20. 4:85. 5:30, 6:05. 6:40, 7;15,.
T:60. 8:25. 8:00. 10:00. 11:00. 12:00 P: M.
Gresbam. Boring. Eagle Creek. Esta
eada. Cazadero. i'aliwlew and Troutdale
7:80. 8:30. 11:30. A. M.; 1:30. 3:40.
6:44. i:15 P. M.
VANCOUVER.
Cars Leave Second and Washington fits.
-B 15 6:50. 7:25, 8:00. 8:35, 9:10, 9:45,.
10:20. 10:55. 11:30- A. M. ; 12:05. 12:40.
115 1:50, .2:25. 3:00, 3:35, 4:10, 4:45.,
5-20; 5:55. 6:30. T:0S. 7:40, 8:15. 8:34.
tl0:&5 tll45. '
On third Monday In every month the
last car leaves at 7:05 P. M.
Dally, ex. Sunday. IDally, ex. Monday.
North Pacific S. S. Co's. Steamship
. Koanoke and Geo. W. Elder
Sail lor -i-.ureka, -bau I'raociseo and
Los .Angeled direct every ' Thursday
at 8 P. M. Ticket office 132 Third
St., near Alder. Both phones, M.
1314. H . Young, Agent.
SAN FRANCISCO ' "PORTLAND 63. CO.
Only direct steamers to San Francisco.
Only ocean steamers sailing by daylight.
From Ainsworth Pock, Portland, 4 P. M. .
tili Senator, Jan. 12, 24, Feb. 5, etc.
.. HH Costa Kica., Jan 18. 30. etc.
From Spear Street. Han Francisco, 11 A. M.
PS Costa Klca. Jan 13, 23, etc.
bS Senator, Jan. 19, 31, l-'eb. 4, etc. -J
AS. H. DEWSON. Agon.
Ainsworth Dock. Mala 26S. .
.i
COOS BAY LINE
The steamship BREAKWATER leaves
Portland Wednesday at 8 P. M. from Oak
street dock, ior ISorth Bend, Marbbiielcl aud
Coos Bur points. Freight received till 4 P.
V- on day of sailing. Passenger fare, flrst
class, $10; second-class, $7, including berth
and meals. Inquire city ticket office. Third
and- Washington street, or Oak-street dock.
WILLAMETTE RIVER R0UTE
Steamer Pomona for $alem. Independence
Albany and Corvallla. . leaves Tuedy.
Thursday and Saturday at 6:45 A M- ?
gteamer Oreonia (or Salem and vay land
ings, leaves idond&y. Wednesday and Frldax
at 6 '45 A. M.
OKEOON tITT TRANSPORTATION CO.
Office and Dock Foot Taylor Street.
Phone: Alain 40; A 2231.