Morning Oregonian. (Portland, Or.) 1861-1937, December 03, 1908, Page 17, Image 17

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    17
THE MORNING OREGONIAN, THURSDAY, DECEMBER 3. 1903.
i ' : i .
1 . : .
BOUGHTFORLOiOfJ
Bents Secures Big Lot of Hops
at Independence.
EASTERN DEMAND LIGHT
Oregon Growers Showing More
Anxiety to Sell and Pressing Their
Mops on the Market Grain
Trade Very Active.
Ih. principal tr.n-ctl.i- ,n the hop mar
jee.erday the purchase by Henry
Bent of Aurora, of S bale, on
fort account, from Walker Bros.. ?
Lndence. The price w. T cents. T
5. the first new business for foreign shlp
that ha. been reported for several
" Tpurehae of th. C. Korat Company
that waa made aeverel daya ago came to
lrht ye."er"ay. It waa the Byer. A Cooper
ilf;,T; b.K at Independence, taken at
limTbu..ne was reported I. t h. Aurora
section. Including two purchas by McNett
Pro... t bale, from Henry sh''
rente end 62 Dales from John Murray at
"m. c5r.l ton. of the market was in
clined to weakness. Th. export demand on
th. who.. U anxa.L th. Eastern Inaulry V.
very light, while grower, are showing more
va th. market. .
GRAIN M1BKKT3 ARE ACTIVE.
bale, at Merchant.' Exchange Are MO Ton.
Wheat and 200 Ton. Barley.
The attendance of grain men at the Mer
chant Exchange ye.terd.iy waa very large
Bnd general Interest wa. ehown In the mar
vel The sale. Included two lota of wheat
abrogating 0 tons and 2.10 ton. of barley.
Th. market presented practically the
me feature, a. on the preceding day.
Wheat aa In good demand for California
shipment and for local milling Pn
Export trade wa. light, though public cable.
Quoted cargoes firmer at 37. Ud with buy
er, showing mor. disposition to operate
Wheat options at Liverpool were steady and
unchanged, while th. Eastern markets were
higher In the local market blue.tem wa
quoted at !0 cent, and club at ll cents.
Oats and barley maintained their former
position with the inquiry principally from
California sources. The hay market wa.
Receipts. In cars, were reported by the
M-rchantsr Exchange a. follows.
w-heat. Barley. Fiour. Oats.
Hay
. 17
4
3
C4
Nov. 2-2 ..14
Nov. :to
Dec. 1
Total for last
eek . ...21
IS 10 2
2 S
14 8 5
SO IT 24
OKKt.ON WOOL STOCKS SMALL.
Uecent Sale. In the East Show Price, on
Finn Basis.
According to the latest mail advices, the
s-ipply of all kinds of Oregon wool In the East
ern market. I. now comparatively small, but
occasional sal., are made. A line of East
ern staple wa. disposed of at 20 cents or
i cents clean, within a few days. tew
Valley woola are obtainable, while clothing
stock Is also In llgnt supply. Values are
verv Arm and unchanged from last week.
The movement at Boston In territory
wools of practically all grades still con
tinues although not as heavily a In recen.
weeks on account of the depleted stock.
The majority of supplies are now well
broken, and the' only wools that remain in
quantity are Wyoming and Montana. Pales
of moderate quantities ot half-blood Mon
tana are being accomplished quite steadily
at Mtic or about 60 to 58 centa clean basis.
Fine .taple sells well at 22S cents or 60 to
H centa scoured. Fine clothing woola are
n demand as IS to 19 cents or 84 to 5.
cents clean. Quartsr-bloods are worth 4.
to 40 cents scoured. Original Idaho wools
are reported to be selling still at IT to Id
cents, scoured basis 03 cents. One trans
action comprising 200.000 pounds of ha.f
blood Montana at 23 cents Is made pub
lic. It Is understood that a prominent house
holding a very large line of this grade ha.
refused 23H. centa and Is asking 24 cents.
EOO PRICES AT THE TOP NOTCH.
Pimply of Orewon Stock Far Below Re
quirements. Eu, were sold In the local market yes
terday at the highest price known hero In
recent yeare. The general quotation was 42 H
' to 45 cent, for Oregon stock, but one sal.
waa made at 48 cent, to a Seattle buyer.
The supply of Oregon eggs Is very small
and It is probable that .till higher price,
will prevail before the situation is relieved.
The demand for poultry of ale kindk was
good. Chicken, were not plentiful and sold
readily at 12 H cents. Dressed meats were
also firm, fancy pork bringing 8 cent, and
the best veal 94 cents.
The butter and cheese markets were firm
At the prices last quoted.
JAPANESE OKA NOES IN MARKET.
Car Arrive Direct and Fralt is Quoted at
65 Cent. Per Box.
The first Japanese orange, of the season
arrived yesterday, a straight car of 1000
boxes. They came direct. The quotation
was 5 cents a box or 1.25 a bundle. Two
cars of California orange, were also received,
one coming from the Southern part of the
state.
Trade in general wa. slow In the fruit
line, though some dealers report a slightly
better movement In apples. The inquiry,
however, is mainly for the cheapest grades.
There waa a fair demand for vegetables.
Bunk Clearings.
Clearings of the Northwestern cities yes
terday wore aa follows:
Clearings. Balances.
Portland .
Seattle . .
Ta.-oma .
Spokane .
. ... S1.00H.77:! lo.2H2
l,712.iVt 1.W.277
8.".'.l.!:t H2.141
l,4tP.02U 21)1.448
PORTLAND MARKETS.
Vegetable, and Fruit.
FP.ESIf FRVITS Apples. 75c2 box;
pears. 9151. 2. per box: grapes, $l$jl.50
per crate; -quinces. $IQ1.25 per box; cran
berries. $12..ro per barrel: Spanish Malaga
grapes. Stl.M) tfi 7.7T. per barrel; huckleberries,
llMi l.'.c per pound: persimmons. $1111.25.
I'OTATOKS Buying price. 7iijfS"a per
hurdrert; sweet potatoes. 2fi24c per lb.
TROPICAL, FRL'lTri Oranges, navels. $5
fi 3 per box; Japanese. 65c per box; lemons,
fancy. $4.50 It 5 per box: choice. $3,5034:
standard. -'. 7 6 box; grapefruit. $4.&0i& per
box; bananas. &'udi?c por pound: pome
granates, f 1.50b 2 per box; pineapples, $3
tjI.TlV per dozen.
ONIONS tMs l.10 per 100 lbs.
ROOT VEGETABLES Turnip., l(fl.2S
per sack; carrots. 11: parsnips. $1.25; beets.
11. 2a; horseradish. 8t10o per pound.
VEGETABLES Artichokes. tK)cfc$l dox.;
beans, lofci 14c per pound; cabbage, 1 Vi &
lc per pound: cauliflower. 73c'&l$l per
dozen; celery. oOS'.c per dozen; cucumbers,
12 ft 2 30 per box; eggplant. 11c per pound:
lettuce. (191.2.1 per box: parsley. SOc per
c 'zen; peas. 12c per pound; peppers, lsy
zVc per pound; pumpkins. ISiHc per
pound; radishes. 30c per dozen; spinach. 2c
per pound: sprouts. DWfrluc per pound:
iquash. lGltc per pound; tomatoes. 30ey
1173. .
Grain. Flour, Feed. Etc.
WHEAT Bluestem. '96c; club, 91c; flfe.
lOfcSlc: red Russian, Sc; 4i-fold, 91c;
vallv. B1c.
BARLEY Producers' price.: Feed (26. 7S
per ton; biewlng. $27.
FLOIR Patents. $4.80 per barrel;
iralghts, i Si; exports. (3 70; Valley, $4.4ii;
i, -sack graham, (4.40; whole wheat, $4.63;
rye. $3.30. . . 1(
OATS Producers" prices: No. 1 . white.
SJ1..V) per ton. . . .
MII.LSTUFFS Bran. 30 psr ton: mid
dlings. t?,Z; shorts, country. $W; city, ..u.
V. S. mill chop. $22; rolled barley, 1-8
."HAT Timothy. Willamette Valley. $14
P-r ton; Eastern Oregon timothy. 116
$17!M; clover. (12: alfalfa, 1231.2.50;
grain hay. (12.60 13.
Dairy and Country Prodnce.
Bt'TTER City creamery, extras. 3g37c;
fancy outside creamery. 32sS33c $er
pound; store. 1720c.
Eons Oregon selects. 42H'-c; East
ern, 30i32Sc per dozen.
POILTP.Y Hens. 12'12c per pound;
Spring. 1241124c; ducks. 144il5c; geese.
luc; turkeys. lc; dressed turkeys, nom
inal. CHEESE Fancy cream twins. 13c per
pound; full cream triplets. 15c; full cream
Young America. 16c.
VEAL Extra. HfcsSc per pound; ordl
narv, 7r8c; heavy. 5c.
PORK Fancy, sc per pound; large, 5i
6 c.
Groceries, Dried Fruit, Etc
DRIED FRUITS Apples, TVjC per pound;
peaches. ll(&12!ic; prunes. Italians, fySOtjc;
prunes. Frtncb. 3ii3c; currants, unwashed,
cases. 9Hc; currants, waphed, caaes. 10c; ngs,
white, fancy. 3o-pound boxes, iic; dates,
7,i7c per pound.
CtFFBi--Moi'ha. 2402Sc; Java, ordinary.
17i2(c: Costa Hl-a. fancy. lM'20c; good, 16
;.v; ordinary, 12:loc per pound.
RICE Southern Japan, 4u; head, b9
6 be.
SALMON" Columbia River. 1-pound tails,
$2 per dozen: 2-pound lallst $2.95; 1-pound
flats. $2.10: Alaska rmk. 1-pound tails, 63c;
red, l-iound talis. $1.43; acckeyes, 1-pound
tall. $2.
8COAR Granulated. $6.05: extra C, (.1.53:
golden C, $3.43: fruit and berry sugar. $0.15;
plain bag, $."o; beet granulated, $5.b5; cube
(barrels), $U.45; povodered (barrel). $8.30.
Tterms: On remittances with 16 days deduct
itc per pound; if later than 15 days and wlth
lrg 30 days, ddeuce He per pound. Maple
sugar. 13 lhc jer pound.
Ni;TS Walnuts: I4il5c per pound by sack;
Brazil nuts. 16c; Alberts. 16c; pecans, lc; al
monds. l:ltil4c; chestnuts. 10l2oc; peanuu.
raw, t;iIl-ic per pound; roarted. 10c; pine
ruts, lu12c; hickory auts, 10c; cocoatnut
60c per dozen. -
SALT Granulated. $14.50 per ton. $2 per
bale: half ground, lous, $10 per ton; 60s,
$10.30 per ton. . ...
BEANS Small white. B.SSe: large white.
44c; Lima. 8i,c; pink. 3Vac: bayou. 3c;
Mexican red, 4"tc.
Hods. Wool, HI tie. Etc.
HOPS l!i8. choice. 8c; prime. 65j7Vic;
medium. 5fctic per pound; 11)07, 24c; 1H0U.
ll 1 "c- . io
WOOL Eastern Oregon, av.rage beat. 10
4314c per pound, according to shrinkage; Val
lev. 15dlc.
MOHAIR Choice. 18c per pound.
HIDEd Dry hides. No. 1. KiilSe pound;
dry kip No. 1. 13c pound: dry calfskin. 160
pound; Milted hid.-. B"fl!c pound; salted calf
skin. 12'o I3c pound: green, lc Im
FL'RS No I skins: Angora goat. $1 to
$1 25- badgT. 25c to 30c: bear, blacq. $3 to
$12' bear brown. $6 to $9; bear, cinnamon.
$6 io $; bear, grizzly. $13 to $20 beaver,' $6.30
to $S.5o: cat. wild. UOc to (1; cougar, perfect
head and claws. (3 to $10; flher. dark. (..60
to $11; fisher, pale. $4.9 Oto $7; fox. cross. $3
to $.".; fox. gray. Cue to t0c; fox. red, JF-.-3
to (4; fox. silver. $-.5 to $10u; lynx, $S to
(12: msrten, dark. $8 to $12; mink. $2 .0 to
$4 30; muskrat. 15c to 18c: otter. $vl to
tin So; raccoon. 45c to 60c; sea otter. $100 to
(2 30 as to size; skunks. 5c to 75c; civet
cat 10c to 16c: wolf. $2 to $3; coyote 70c to
$1.10: wolverine, dark. $3 to $5; wolverine,
pale. $2 to $2.V).
CASCARA BARK Small lota, 5c; carloto.
6c per poundt
Provisions.
BACON Fancy. 21Hc per pound; stand
ard. 18c; choice. 17isc; English. 16V
17c; strips. 13c.
DRY SALT CURED Reeular short clears,
dry Bait, 12c; smok-d. 13c; short clear
back., heavy, dry salted. 11c; smoktd. 12c;
Oregon exports, dry salt. 13c; smoked. 14c
HAMS 10 to 13 lbs.. 15c: 14 to 16 lbs..
15c; 18 to 20 lbs., lie; hams, skinned. 13c;
picnics, 10c; cottage ' roll. 11c: shoulders.
11c; boiled ham, 22c: boiled picnic, 17c.
LARD Kettle-rendered. Tierces, imc;
tubs. 1314c; 60s. 134c; 20s. 13,.;; 10s, 14c;
6s. 14c; 3s. 144c. Standard pure:
Tierces. 12!4c; tuba 12?4c; 5us. 12;c; 20s,
12,e; 10s. 13c; us 13Sc; 3s. n3iic. Com
pound: Tierces. 8c; tubs, 8Hc; 00s, 8c;
20s. Sc: 10s. 8Hc; 6s, 8),c.
SMOKED BEEF Bef tongues, each.
70c; dried beef sets. 16c: dtled beef out
sides. 15c; dried beef insides. 18c; dried
beef knuckle.. 18c.
PICKLED GOODS Barrels: Pigs" feet,
$13; regular tripe. $10; honeycomb tripe,
(12: pigs' tongues. $1.30
MESS MEATS Beet, specials. $11 per
barrel; plate. $14 per barrel; family. $14
per barrel; pork, $21 per barrel; brisket, $23
per barrel; S. P. beef tongues. (20; pig
snouts, (12.50; pig ears. $12.50.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce In tlx Bar City
Markets.
SAN FRANCISCO.. Dec. 2. The follow
ing prices were quoted in the produce mar
ket today:
MUlstufTs Bran. $29,501(31; middlings.
(33.5o'o'i.-i 50.
Vegetable Garlic 7CSc; green peas,
6Sc; string beans. f9c; tomatoes. 50c
jtl; eggplant. $11.23.
Butter Fancy creamery. S.lc; creamery
seconds. 28c; fancy dairy, 26c; dairy sec
onds 2c: pickled, 23 '-sc.
Cheese New. 13&15H; Toung America.
Kit 17 fee; Eastern. 17c
Egps store. 45c; fawcy ranch, 50c; East
ern, 30c.
Poultry Roosters, old. $4.O4.50; young,
16 0'n 8.50; broilers, small, J3.50SM: broil
ers, large. $46; fryers, $5&t: hens, $4$-9;
ducks, old. $45; young, $8.
1 00 Srrlng, Humboldt and Mendocino,
lQ19c; Mountain. 47fec; South Plains
and San Joaquin. 7S(jaVac; Nevada. Il!a
Hay Wheat. $18t(i22; wheat and oats.
$17r21; alfalfa, lliai5; stock. $12&15;
straw, per bale. 6.lf9oc.
Potatoes Sallnn. Burbanka, $1 25(gl.66;
Oregon Burbanka, $1.151.2t; sweets, $1.25
61.50.
Fruits Apples, choice. $1.10; common.
40c: bananas. 16:1: limes. $4't?1: lemons,
choice. $3.25; common, $1: oranges, naveia.
$1.50W3: pineapples. JlSOftS.
Receipts Flour. 1190 sacks; wheat, 3070
centals; barley. 2195 centals; oats. 1015 cen
tals; beans, 1706 sacks: potatoes. 4720
sacks: middlings, 3H0 sacks; hay, 230 tons;
wool 263 bales; hides. 1525.
Dried Fruit at New York.
NEW YORK Dec. 2. Evaporated apples
are In better demand and 7c is asked for
prime fruit for January delivery. On spot
fancy apples are quoted at S-c; choice.
74U74c: prime. 67 tfi 7c. and eld crop at
4ti 6c. according to grade.
Prunes are firmer, with quotations rang
ing from 4 to 7ic for California fruit up
to .TO-40S. and from 6Va to 7c for Oregon
UO-3US.
Apricots are firm with choice quoted at
9'ic; extra choice. 10ic. and fancy, 11
11 '-c.
Peaches are quiet, but there is no selling
pressure, prices being (irmly held. Choice
are quoted at 7r7'c; extra choice. 714
8c. and fancy. W$fllc.
Raisins are In moderate demand, with
loose muscatels quoted at SVifrasc: choice
to fancy seeded. 6firKc; seedless, 446c
and London layers, (l.sofo 1.60.
Metal Market..
NEW TORK. Dec. 2. A further decline
was reported in the London tin market today,
with pot closing at t'ts 15 and futures at
133 l.a. The local market was easy in
consequence, with spot quiet at 29.2529.60c
Copper declined to 63 for spot and 64 for
future. In the London market. Locally the
market was. dull and nominally unchanged,
with Lake quoted at 14.3741 14.50c, electro
lytic at 14. 12V 14.25 and casting at HfJ
14.12HC.
Lead waa unchanged at 13 2s 6d in Lon
don. Locally dull at , 4.2564. 30c.
Spelter waa 6s lower at 21 5s In the Lon
don market, but remained quiet at 3 1033.15c
in New York.
The local iron market was unchanged.
European Grain Markets.
LONDON, Dec. 2. Cargoes firmer, buyers
show more disposition to operate. Walla
Walla, prompt shipment, at 37s 6d; Cali
fornia, prompt shlptnVnt. 3frs.
English country markets firm; French
country markets weak.
LIVERPOOL. Deo. 2. Wheat December,
Ss fed: March. 7s 9Wd; May, 7s 9V4d.
Weather foggy.
London Wool sales Postponed.
LONDON. Dec. 2. The wool auction sales
were postponed on account of the fog which
prevailed here.
Wool at St. Louis.
St. Loui" Dec. 2. Wool. firm. Medium
gradee. combing and clothing. 17622c: light
fine. l317c; heavy fine, 1214c; tub-washed,
20 g 29c.
Pennsvlvanla leads in the slate industry,
with Vermont. Maine. Virginia. Maryland.
New York. California. Arkansas and New
Jersey following In the order named.
E
Violent Break in Rock Island
Securities.
OPERATIONS IN FINANCE
Heavy Speculation on a Wrong As
euniption Leads to Vnsettle
ment October Earnings ot
the Harriman Pacifies.
NEW YORK. Dec. 2 The violent specu
lative enthusiasm In the Rock Island securi
ties, which broke out yesterday, continued
in the early dealings today and threw tn.
market into somewhat of a turmoil. There
was a notable subsidence of the excitement
when the authorised statements were mado
of the financial operations about which the
speculation centered., followed by a vloi!e"t
break In prices at the end of the day. The
comparison of these official statements with
the rumors which had preceded them dis
closed so much of exaggeration and dltor
tion that there was a disposition to hesi
tate about following a leadership In the
market founded on such motives. The tone
of the market, thereupon fell Into an un
settled etate and there was a notable con
traction in the dealings.
Assertions were published over night
that the St. Louis A Kan Francisco bonds
had been .old to the amount of $43,000,000.
sufficient to provide for all maturing obli
gations of the company falling due this
year and next and to furnish resources be
side for extensive projects in contemplation.
These reports pointed to the banking-house
which usually acts for the Harriman inter
ests aa the source of this financial assist
ance, and the inference was broadly con
veyed that association for mutual advantage
between the Harriman and Rock Island sys
tems was to be assumed as a consequence.
Speculative enthusiasm, after rushing into
the market during the (lrst hour, was some
what dampened by the formal statement of
Kuhn. Loeb & Co., the ITnion Pacific bank
ers, that they had withdrawn from the St.
Louis & San Francisco financing which had
been taken over by Speyer & Co., who have
acted in Rock island financing on previous
occasions. The Incident was regarded as
Involving some show of friction, rather than
an approachment of the financial group
concerned. The secondary effect on specu
lation was harmful, rather than beneficial.
Rumors were also circulated of a project
for the foratatlon of a holding .company to
bring the various Oould properties into
closer relations. These reports met with
disclaimers from authoritative sources.
The statement of October earnings of the
Harriman Pacific, was relied upon to give
fresh stimulation to the market, but the
publication failed to bring any response,
their favorable character having been over
discounted. The comparlsans with the cor
respondings month of last year In the state
ment were In Tact, less favorable than were
contained In the September statement.
A contributory cause to the late reaction
ary tendency was the continuance of stiffer
rates in the call money market. The en
gagement of gold for export was an In
fluence on this, the 11.500.000 to be for
warded to Paris tomorrow already being
assured of supplement In a later movement.
The rate at which new bonds are coming on
the market and the evidence of this in to
day's news Is calculated to make an im
pression on the money market with the rate
of absorption of available capital thus in
dicated. The time money market was af
fected to some extent and the tone was
called firmer. The late tendency of the
market was downward.
Bonds were irregular. Total sales,' par
value. $7.504000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low. Bid.
Amal Copper .... 17.KO0 f5 3 tiS'i
Am Car & Foun. l.ioo 4o& 4tii 4
do preferred 107
Am Cotton Oil... WN 43 42 1 42
Am Hd & Lt pf. &UO 2K ZX'-j 2S
Am Ice Seeuri... two 27N, 2tti 25V4
Am Linseed OIL. 3.OO0 .VS 14 li
Am Locomotive. . . 1,700 56'a 55i 55
do preferred lot
Am Smelt 4 Ref. 24.3(H) H4 t 91 dlTs
do preferred ... 000 lofi HO l'xivs
Am Sugar Kef... 2.3o0 132S 130 131
Am Tobacco pf... 200 bi'i 05V MM
Am Woolen 30
Anaconda Mln Co. 3.3(H) 507 49"4 JVi
Atchiaon 12.1)00 D7H 97 '.j il
do preferred ... 3o0 loli H)l MUt
Atl Coast Line... 50 lHHj llo 1(S
Bait & Ohio 7.500 KiHTg lotli l(iT
do preferred ... 2im) 9:1 92 Vs 92
Brook Rap Tran. 7.40 SB, 55 55
Canadian Pacific. 1,500 174 175 175i
Central Leather... l.loO 28'4 28 28
do preferred ... 4C0 lol ll 1"1
Central of N J 210
Ches & Ohio 7.700 49', 4Mi, 48''.
Chi Gt Western... 1.5"0 1 1 '-j M 10
ChlcaRo & N '.. l.t:o 178i-i 177 177
C. M & St Paul.. 30.100 152i-i 149H 149
C. C. C & 3t L
Colo Fuel A Iron 2. (WO 3 37 . 37
Colo & Southern.. 6.1"0 51 Li 5o(, ,WH
do 1st preferred. (loo 7(i's !'') 195i
do 2d 'preferred. tH IS:(:V4 tni-i 63
Consolidated Gas.. 19.2oo HIB 13 lK3Sj,
Corn Products ... 4oo 18Tt, 1 H va 18
Del & Hudson.... 2'H) 17S'i 17(t 175
D & R Grande... 10.5tX 32ii 34 34
do preferred ... 2.500 79 78"i. 78i-i
Plmtllers- Securl.. WO 34 '-j 34 1 34
Krie 6,9oo 3314 324 3214
do 1st preferred. 5i0 47i-i 4li?4 4t
do 2d preferred. 10 38 38 37 Vj
General Electric. 50O 12 10 159.
Gt Northern pf... 40.1iK 143 IH914 130
Gt Northern Ore.. 2.700 7.Hi 71 14 72
Illinois Central .. 17.1XK) 149 147 14 147
Interborough Met. 5.8o( 14 12 14
do preferred ... 2 35 14 3414 34
Int Paper 100 11 11 1 H4
do preferred ... 2o0 07 57 5fi
Int Pump 31
Iowa Central 2.400 29 29 2814
K C Southern ... 9.3O0 .14Vt .l:t .".314
do preferred ... 3..fi0 7's 0Vi 6
Louis & Naahvllle 1,000 122 121 120
Minn & St Ixiuts A'..,
M St P & S S M. 200 133 132 13H4
Mhourt Pacific 19.2W 6r4 04 G4
Mo. Kan & Texaa 19.100 39 38 38
do preferred ... 1.000 71 70Ti 7n
National Lead ..; 1.SO0 83 "4 82"4 82
N Y Central 7.700 118 110 H',i
X Y. Ont 4 West. 19.8O0 4R 4 45
Norfolk & West.. 45.100 841, 84'4 83
North American.. loo 77 77 7
Northern Pacific. 28.500 144 .141 141 14
Pacific Mall 1.100 . 39 87 3,
Pennsylvania 3.300 129?4 128 128
People's Gas 1"0
P. C C & St I... SOO 83 85 85
Pressed Steel Car s
Pullman Pal Car. SOO 172 172 171
Ry Steel Spring.. loO 43 43 43
Reading 1RT.800 140 137 13i
Republic Steel ... eort 27 20 2B
do preferred ... 3o0 Rfi 80 8
Rock Island CO..-39.0O0 25 24 24
do preferred ...12f..7"0 fili 58 (to
St L & S F 2 pf. (V3O0 42 39 39
Pt L Southwestern 2.'.00 22 21 21
do preferred ... 3.000 54 53 . 53 '
SloM"-Sheffleld 1.5o0 79 7R 78
Southern Pacific. 22.5(0 119 117 117
do preferred ... 500 122 121 121
Southern Railway. 1.9"0 25 21 24
do preferred ... 1.400 58 57 5i
Tenn Copper 7.200 4 0 43 43
Texas & Pacific, l.ltoo 34 ' 33 3
Tol. Pt L & West. 20 40 39 39
do preferred ... 1.KM R4 R3U 63
Union Pacific ...133.BOO 183 179 18"
do preferred ... 400 9R 9 95i
r S Rubber l.ROo 30 a.-. 34
do lut preferred. 800 108 10T 107
V S Steel 12.9"0 55 54 54
do preferred ... 4.500 113 112 112
T'tah Copper 700 48 48 4S
Va-Caro Chemical. 6.10O 44 43 43
do preferred ... 100 114 114 113
Wabaeh l. 15 15 15
do vref erred ... 15.200 37 35 3(1
Westinghotipe Elec 1.300 91 89 88
Western T'nlon ... 100 69 CS 8
Wheel & L Erie. : 10
Wisconsin Central. 4.700 31 : 30 29
Total sales for the day. 1.117,300 shares.
BON'DS. . ,
NEW YORK. Dec. 2. Closing quotations:
U S ref. 2s reg. 102 I North Pacific 3s. 73
do coupon. ... 104 I North Pacific 4.103
IT s 3s reg 100 South Pacific 4s 91
do coupon 100lrnlon Pacific 4s. 104
Atchison adj 4s. SlIWlscon Cent 4s. 89
D & R G 4s.... 98, Japanese 4s 82
N Y C G 3s. . . 94
Stcck. at London.
LONDON. Dc. 2. Consols for
money.
83: do tor account, 83 1H-16.
Anaconda ... 10.75 N. Y. Central . 120.50
Atchison 101.(12 I Norf lk & Wes 8B.25
do pref KI4.00 I do pref 8S.00
Bait & Ohio. 110.50 !Ont West.. 40.75
Can Pacific. .181. 37;pennBlvania. 46. 25
Ches V Ohio. 30 50 I Rand Mines. . 0.87
Chi Grt Wes. 111. 25 JReadlng 71.25
C M- & S. P. 158.00 ISouthern Ry. .
RUMORS AR
DENIED
De Beers 12.62i do pref . . . . . 59 .50
D & R G 35.00 ISouth Pacific. 122. 12
do pref 79.73 ILnlon Pacific. 180 S7
Erie : 34.25 I do pref 99 00
do 1st pf. . 4S.50 U. S. Steel... ..b...O
do 2d pf. . 39.50 1 do pref ll..02
Grand Trunk 22.00 1 Wabash ...... jo.50
111 central. . .147.87l do pref 5,,' ?J!
L A N 125.75 Spanish 4S... 94 00 .
Mo. K & T. . 39.50 (Amal Copjer. S6.i5
Money Exchange, Etc.
NEW YORK, Dec. 2. Money on call,
firmer. per cent; ruling rate and
closing bid. 2 per cent; offered at 2 per
cent.
Time loans, a trifle firmer: 60 days. 2
3 per cent: 90 days, 3 per cent; six months,
3fr-3 per cent.
Prime mercantile paper closed at 3S
4 per cent.
Sterling exchange, steady, with actual
business in bankers' bills at 4.84554.S465
for 60-day bills and at J4.S675 for demand.
Commercial bills s.4-84 4.84 .
Bar sllver47c.
Mexican dollars. 45c.
Government bonds, steady; railroad bonds.
Irregular.
LONDON". Dec. 2. Bar silver Steady,
22d per ounce.
Money ltii2 per cent.
. The rate of discount in the open mar
ket for short bills is 2 4? 2 per cent;
three months' bills, 2 2 5-16 per cent.
SAN FRANCISCO, Dec. 2. Silver bars
47c.
Mexican dollars Nominal.
Drafts Sight, par; tekgraph, 2c.
Sterling. 60 days, $4.84: sight. 14.86.
Dally Treasury Statement.
WASHINGTON1. Dfc. 2. Today's state
ment of the Treasury balances In the general
fund exclusive of the $150,000,000 gold re
serve shows:
Available cash balance $151,654,298
Gold coin and bullion 28,160.140
Gold certificates 52,685,540
Gold Engaged for Paris.
NEW YORK. Dec. 2. Laxard Freres to
day announced an engagement of $3,000,000
gold for shipment to Paris.
WILL MAKE MORE BUTTER
CONDENSED MILK BUSINESS IS
OVERDONE IN' XOKTII.
Price-Cutting as a Result of tlie
Overprodtict ton Seattle Pro
duce Markets Are Dull.
SEATTLE. Wash., Dec. 2. (Special.) The
condensed milk war which has been going
on here for some time ehows no sign of
abatement. Manufacturers seem to- be as far
apart as ever in settling their difficulties.
Small condeneerles ere out for business and,
as they are carrying large stocks, it is gen
erally believed that low prices will prevail
all Winter. One effect of the over-production
of condensed milk is expected to be that
more butter will be made the coming sea
son. At least two new creameries will be
opened In the White River Valley next
Spring.
The tone of the produce market was dull.
Receipts were light and the demand not at
all spirited. Dealers are worried over the
low supply of Malaga grapes and cranberries.
Mute are pretty well sold out, much more
closely, in fact, than last year at this time.
Poultry was fairly active at 15 cents for
Springs and 15 cents for hens. There is
nothing doing in turjieys.
PORTLAND LIVESTOCK MARKET.
Prices Current Locally on Cattle, Sheep
and Hogs.
The livestock market yesterday was
fairly active at the previous range of prices.
Sheep were the strongest feature because
of their scarcity. All grades of cattle moved
well. Receipts of hogs continue on a fairiy
liberal scale, but up to this time there has
been no changes In values and dealers are
divided in opinion as to whether or not
prices will be maintained. Calves and
lambs hold steady.
Local prices current yesterday were a.
follows:
CATTLE Best steers. $44.25: medium.
$3. 75 ift 4; common, $3.25 3.3.30; cows, best,
$3!j 3.25; medium. $2.75i3; common, $2.25
&2.50: caivese. $3.5oru 4.50.
SHEEP Best wethers, $3.75S?4; mixed.
$3.5003.75: ewes. $3 3.25; Iambs, best
trimmed, $4.256;4.50; untrlmmed. $3.75''i'4.
HOGS Best. $B6.25; medium, $5.25
5.75: feeders not wanted.
Eastern Livestock Trices.
CHICAGO. Dec. 2. Cattle Receipts, about
21.000; market, steady to a shade lower.
Beeves, $1.5(17.80; Texans, $3.404.50; West
erns. $3,411(00.80; stockers and fieders, $2.70
Sr4.75: cows and heifers. $1.60(f(5.10; calves,
$5fo 7.
Hogs Receipts about 38,000: market,
strong to 5c higher. Light. $5. 10ft 5.87;
mixed, $5.4"&.12; heavy. $0. 4566. 15;
rough, $5.45fi5.5: good to choice heavy, $5.6.7
ifi6.15: pigs, $3.75(64.90; bulk of eales, $5.55
jio.!)5.
Sheep Receipts, about 30.000; market.
steady. Natives. $2.5n"n4.85; Westerns, $2.75
(ft4.80; yearllnss. $4,201(5; Iambs, $46.75;
Westerns. $4(tl.S5.
KANSAS CITY. Dec. 2 Cattle Receipts
11.000; market, steady. Stockers and feed
ers, $'34.90; bulls. $2.40(5)3.75; calves, $3 .,0
fi6.50; Western steers. $3.S0(&5 50; Weatern
cows, $2,751x4.50.
Hogs Receipts, 17.000; market, strong to
5c. higher. Bulk of sales $3.40(3 5.85; heavy.
$5.80415.95; packers and butchers. $5.bOSf
C.90; light. $5.30(95.75: pigs, $4f4.73.
Sh.eep Receipts. 0000; market, steady:
Muttons, $4&4.00; lambs, $4.50101) 50; ran,;e
wethers, $3.75'u 5.25; fed ewes, $2.5Ka 4.35.
OMAHA. Dec. 2. Cattle Receipts. 6500;
stead to strong. Western steers, $3.25C(j
5.85; Texas steers, $314.50: cews and
heifers. $2.50f(f4.25: canners, $22.70; stock
ers and feeders. $33.25; calves, $4'oj5.75;
bulls and stags. $2. 25b 4.
Hogs Receipts. 5S0O; market weak to 5c
lower. Heavy. $3,754 5.95; mixed. $5.7011
5.75: light. $5.40(13. S. 73; pigs, $3.50'?5.25;
bu'k. $5.7l3.85.
Sheep Receipts. 14.000; market, strong.
Yearlings, $4.."oli3.50: wethers. $3,5044.50;
ewes, $3. 251i 4.25; lambs, $5.751t0.3O.
Eastern M
inins; Stocks.
BOSTON, Dec. 2
Adventure ;.$ 9.75
Alloue, 38.50
Amalgamated 83.50
Ariz Com.... 35.25
Atlantic .... 17.75
Hutte Coal... 27 23
Cal & Arix. . . 120.50
'al & HecIa.H73.00
Centennial . . 34.00
Copper Range 31.75
Daly West... 10.50
Franklin .... 17.50
Granby 103.00
Greene Can.. 11.00
Isle Royal... 23.30
Mass Mining. 7 25
Michigan ... 14. 00
Mohawk 09.50.
NEW YORK. Dec.
Alice 200
Brunswick Con. 3
Com Tun stock. 20
do bonds 17
Closing quotations:
I Mont C & C. .
33
12
iNevada . . . 10.
i(ld Dominion 58
lOsceola . ..
j Parrot ...
iQulncy ...
isiiannon ..
I Tamarack
.125.;
. 30.(
. 95.:
. 18.;
. S3.(
Trinity
1 1
ITTnited Copper 14.37
I IT. S. Mlnlnt
43
U. S. Oil
Utah
I Victoria
1 Winona ,
I Wolverine . . .
I North Butte. ,
I
29.
41
3.
T.
130
86.
Closing quotations:
iLeadvllle Con..
. 0
. 7
. 80
.325
.170
J Little Chief
i Mexican
Ontario , . .
Ophir .
C C Va 69
Horn Silver. ... 70
Standard .
.17
Iron Sliver 100 'Yellow Jacket. .. 131
Coffee and Sugar.
NEW TORK. Dec. 2. Coffee futures
closed steady, net . unchanged to 5 points
higher. Sales were reported of 85o0 bags, in
clndlng December at 6.10c, January at 5.15c.
March and April at 6.25c, May at 5.30c and
September at 5.40c. Spot coffee, quiet. No.
7 Rio. 6c; No. 4 Santos. 7(g8c. Mild
coffee, dull. Cordova, 912c
Sugar Raw, steady. Fair refining, 3.42c:
centrifugal. 96 test. 3.92c; molasses sugar,
3.17c. Refined, quiet. Crushed. 5.6ue; pow
dered, 6c; granulated. 4.80c.
Dairy Produce In the East.
CHICAGO. Dec. 2. On the Produce Ex
change today the butter market was steady.
Creameries. 224?30c; dairies. 21!i25c.
Eggs Firm: at mark cases included, 24
j?27c: firsts. 30c: prime firsts, 31c.
Cheese Firm, 1314c.
NEW TORK. Dec. 2. Butter firm, un
changed. Cheese Firm, unchanged.
Eggs Firm, unchanged.
Srvr York Cotton Market.
NEW YORK, Dec. 2. Cotton futures
closed steady. December. 9.23c; January,
8.91e; February. March and April, 8.90c;
May, 8.94c: June and July, 8.91c; August,
8.81c; October, 8.63c.
GREAT WHEAT DEAL
Bull Campaign On in the Chi
cago Pit.
CROP NEWS HELPS IT
Attempt io Lift the Market Checked
In Part by Sensational Realiz
ing;, but the Closing
Is Strons.
CHICAGO, Dec. 2. Renewed buying by
leading bulls was again tho feature in the
wheat pit and demand from this source
held the market strong all day despite
liberal realizing sales, which at times
caused slight recessions in prices. Rumors
were current on the lloor of the exchange
that several of the bull leaders are endeavor
ing to engineer what promises, it was said,
to be one of the most spectacular "deals"
ever known In the history of the local
board. Efforts to advance prices were given
impetus today by the report of a local crop
expert which claimed that the condition of
the Fall-sown crop of wheat in this coun
try on December 1 was the lowest ever
recorded, being 78.9 against 90 a year aso.
The report further stated that the con
dition was low everywhere except on the
Pacific Coast, and that In the states east
of the Mississippi River the condition is
poor. Decreased receipts in the North
west also helped to instill bullish sentiment.
The market opened firm with prices c
lower to He higher, December being at
$1.05 it 1.05 and May at $1.09 1.09.
During the day prices advanced c. put
most of the gain was lost in sensational
realizing. The close, however, was Btrong.
with December nt $1.05 and May at
$1.10.
Corn was weak. The market closed weak
at the lowest point of the day with prices
off (ffc. final quotations on December
being at 61c and May 62c.
Oftts were weak, December closing at 4S
e4Sc. and May at 51i4c.
Provisions were quiet. The market closed
easly with prices 2S7c lower.
The leading futures ranged as follows:
WHEAT.
Open. High. Low. Close.
Dc V054 $105 $1.05
May 1. 09", 1.10 1.09 1.10
July ....... 1.025. 1.034 1.0-' 1.03
CORN.
Dec' 61 .(51 .61 .61
May BL' .63 .62
July mil .62i .ei' .62
OATS.
Dec 41 .48 i .4S .4S'i
May 61 .61 J .61 .61
July 46 .46. .46 .46
MESS PORK.
Jan 16.12 16.15 16.10 16 10
May 16.37 16.40 16.35 16.33
LARD.
Jan 3L' 9.31". 9.27 9.30
May 9.5 9.52 9.30 9.50
SHORT RIBS.
Jan 8.47 8.47 S.45 8.43
May S.67 S.67 865 8.67
Receipts. Shipments.
Flour, bbls 36.000 3S.00O
Wheat, bu 137.000 113,000
Corn, bu 3110.000 911,000
Oats, bu 314.000 2gS,(00
Rye. bu 5.000 8,000
Barley, bu 106,000 59,000
tiraln mid Produce at New York.
NEW YORK, Dec. 2. Flour Receipts,
37.900 barrels: exports, 3500 barrels. Firmly
held, with small trade.
Wheat Receipts, 142.600 bushels; "exports,
62.000 bushels. Spot. firm. No. 2 red, $1.13
61.14 elevator and $1.14 f. o.'b. afloat;
No. 1 Northern Duluth. $1.19 f. o. b.
afloat: No. 2 hard Winter. $1.18 f. o. b.
afloat. Acting on a sensationally ibulllsh
crop report, today's wheat market was strong
and at new high records for the season, with
bull leaders large buyers at Chicago. Near
the close it eased off a little and was finally
net higher. The advance checked export
business. December closed at $1.15 and
May at $1.10.
Hope Quiet.
Wool, petroleum and hides Steady.
Grain at San Francisco.
SAN FRANCISCO. Dec. 2. Wheat
Steady. "
Barley Steady.
Spot quotations -'Wheat
Shipping, $1.62 (& 1.67 ; milling.
$1.67 (it 1.72 .
Barlev Feed. $1.42 8 1.46 ; brewing,
$1.5061 1.52.
Oats Ited, $1. 57r2. 10; . white, $1.65
1.80; black, $2.24f 2.60.
Call board sales
Wheat No trading.
, Barley December, $1.43a; May. $1.47
1.47 '4 b.
Corn Large yellow, $1.75 8l.$5.
Wheat at Tacoma.
TACOMA, Doc. 2. Wheat Milling, blue
steam. 98c; export, bluestem, 93c; club, 88c;
red. 86c.
Diseases of Men
Varicocele. Hydrocele,
Nervous Debility, Blood
Poison, Stricture, GleeL
Trostatlo trouble ana
mil other private dis
eases are .successfully
treated and cured by
me. Call and see m
about yo.ur case lit
you want reliable
treatment with prompt
end tiermanent result.
Consultation free and Invited. All transac
tions satisfactory and confidential. Office
hours 0 A. M to 8 P. M. Sundays 10 to li
Call on or address
DR. WALKER
181 Fir.t St Cor. Yamhill, Portland, Or
mm i li m wm i
TRAVELERS GUIDE."
Leaves New York Jan. 28
Perfection in cruising gained
through 20 yean' experience
8ODays,$3G0?p4
Bend fr books aad pi as.
HAMBURG AMERICAN UNI
DOS Market 5t San FTaneIseo,
and liocal A (rent In Portland.
M0LTKC
!
Statement of Condition of
LADD STILTON BANK
NOVEMBER 27, 1908
RESOl'RCFS.
Loans ar.rl Discounts t -3' Jjl-Jj
Overdrafts .?S-'T.;
Bonds and StocKS 5.401. Sol ...t
Ba;.k Premises g a.ouM.oti
Cash on Hand and Due from Banks 3.04L.S. 1. 1
Total $12.89(5,151.23
LIABILITIES.
Capital Stock Fully Paid.. $ 1,000.000.00
Surplus and Undivided Profits (iS,l ( o.Ja
Demand Deposits 5,995.23 . 90
Time and Savings Deposits 5, 391, Sal .38
1 l.oS i ,4 ( i.
Total $12,896,151.23
OFFICERS.
V. M. TiADD
EDWARD TOOKIXGHAM
W. H. Dl'XCKLKY
K. S. HOWARD, Jr
J. W. DADD
WALTER M. COOK
DIRECTORS.
EDWARD COOKIXGHAM
HKNKY L. CORBE.TT
WILLIAM M. LADD
CHARLES K. LADD
CONDENSED REPORT
OF THE
United States National Bank
Submitted to the Comptroller of the Currency
At the Close of Business November 27, 1908
ASSETS.
Loans and Discounts.
I'nited States Bonds at Par
Municipal and Railway Bonds..
Bank Buildins
Due from Banks
Cash . .
LIABILITIES.
Capital
Surplus and Undivided Profits.
Circulation
Dividends Unpaid
Due to Banks....
Individual Deposits
Attest Correct:
SAFE INVESTMENTS
We own and offer a carefully selected list of first-class
City, School, Railroad and seasoned Corporation Bonds,
at prices to yield an annual return of
4 to G
concerning which we' will be glad to supply full particu
lars upon request.
United States Government
Bonds Bought and Sold
MORRIS
Chamber
TIIAVELER8GUIDE.
Offer
and
Largest triple
Fnr nitxriBtivt Malttr
THE CUNARD STEAMSHIP CO., Ud.
atLu iikuutuit
tOBXLAMJ BY., LIGHT rOWi CO.
CABS ULAVK.
Ticket Office and Waltlnc-Hoos.
f ini d Alder btrecta
FOR
Orecon City . 6:30 A. M . and wmry
10 rolnutu to and lncludluc 9 P. M-.
btn 10. 11 P M. i lat car 1 midnight.
Grenbam. Boring-. Eagle Creek,
coda. Caxadc-ro, tail-view and Troat
dule 7:15. 8:15. 11:16 A. M 1:10. :,
6.16. 1-26 P. M
FOB VANCOUVER.
Ticket office and waiting-room Second
and Washington atreeta.
A. M. 6:lo, 6:00. T:23. 8:00. SS.
a-iu, :50. 10:39, 11:10. 11:60.
p 11 12:30. 1:10. 1:50. 2:80. i:l.
:60'. 4:30. 6:10. 6:60. 6:1.8. 1:03, 1:4.
8:15. :25. 10:35". 11:45'.
On Third Monday In Every Month
tile Lat Car Leavee at 7l05 P. M.
Dally except Sunday. "Dally except
Monday.
REGULATOR LINE to The Dallei dally
except Sunday. Bailey Qataert" learei
Portland Monday. Wednesday and Friday at
7 A. M-, stopping at the principal landings.
"Dalles City" leaves Portland Tuesday.
Thursday and Saturday at 7 A. M.. making
all landings. Returning, both steamers leave
The Dalles on alternate days at 7 A. M.
Phone Main 914. or A 5112. Alder-st. dock.
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wednesday It I P. BL from Oak.
street dock, for North Bend. Marshtleld and
Coos Bay points Freight received till 4 P
M en day of smiling. Passenger fare, first
class. 110; second-class. $1. Including berth
and meals. Inquire city ticket office. Third
and Washington streets, er Oak-straet dock
President
. Vu e - Pres
Ci'.slner
Asst. ('ashler
Asst. CiisllitU'
Asst. Cashier
J. WESLEY LADD "
S. B. l.INTHICl'M
FREDERIC B. PRATT
THEODORE B. WILCOX
$4,162,9fi5.62
704.000.0U
817.439.S8
12o,UU0.00
.$ 934.187. 6(5
. 1,893,575.63
; 2.827,763.29
$S.637.168.79
K00. 000.30
546,189.34
486.3110.00
372.13
.$1,926,828.41
. 5,177.478.91
.104,307.33
$8,637,168.79
J. C. AINSWORTII.
President.
BROTHERS
of Commerce.
the unsurpassed in Luxurious
Comfortable Ocean 1 ravel
By iti pet 20.000 ton steamera
'CARONIA" Jan. 7, Feb. 18
C ARMANI A" Jan. 21 Mar. 4 xT
- crer turbine in the World d&ifcJV
and Reservations apply ta
11
?amburg-lmerican.
London Fn ri Hamburg;.
Kaiser Aug. V.Dec. li.Pretnrla Dec. 21
Patricia Dec. l lAmerika (new). Jan. 3
tilhraltar Xaplm lenoa-
S. P. Hamburg Jan. j. Feb. lu, Mar. T.t
S. S. Moltke. .Jan. US, Italy & Orient Cruise
S S. Deutschlanil. to ItHiy in 7 days.. Feb. U
HAAlBftMi-AMURICAN LINK.
908 Market St., San Frunilnco und R. K.
AeenU In Portland.
North Pacific S.5. Co'i. Steamship
RoaaoiO aad Geo. W. Lids:
bail tor Eureka, San Francisco and
Los Angeles direct every Thursday
at 8 P. M. Ticket office 132 Third
St., near Alder. Both phouec, M.
1314. H. Young, Agent.
SAN FKAXC1SCO PORTLAND S.8. CO.
Only direct steamer and daylight .tailings
From Ainsworth Dock, Portland. 4 P. M.
S. S. Senator, Dec. 11, 25, etc.
8. S. Kok City, Dec. 4. 1. etc.
From Lombard St., San Francisco, 11 A, U.
S. 8. Hone City, Dec. 12, 26, etc.
8. 8. Senator, Dec. 5, II). etc.
J. W. HANSOM. Dock Agent.
Main 2tiS Ainsworth Dock.
M. J. ROCHE. City Ticket Agent. 142 3d St.
Phone Main 402 A 140?
T