Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 30, 1908)
13 riTE MORNING OREGOXIAX. WEDNESDAY, DECEMBER SO, 1908. SUGAR WM Ifl EAST Refiners Are Engaged in Cut ting Prices. WORK OFF ACCUMULATION Guarantor to Buyers Apalnst De clines May Be Abolished Slow hut Firm Market for Grain. Important Hop Sale. The unsettlement of tr Ka.'lem sugar market Is the result of price cutting on the part of several refiners who are trying" to stimulate trarle and work off some of the -cumulation of ototk. A factor In the situation la the belief that the American re finery will soon withdraw all forma of guar antee. The Arbitrates have already taken a -en In this direction. IMscuBSlnc the move, the New York Journal of Commerce says: The "guarantee" means that the buyers re guaranteed by the- refiner against any decline until the sugar they order Is deliv ered. Grocers are sold on seven days' time nd manufacturers on 30 days" lime, and If for any reason the refiners do not deliver the sugars within those, periods the guarantee, against loss continue until delivery is actual ly made, the conjmmer having the benefit of any reductions that may be officially an nounced In the meantime. This matter of guarantee ha, been the source of more trouble In sugar circles than even the price cutting. refiners having charged their competitors with utlng prom ises! of delayed deliveries to secure large or der that were never Intended to be delivered In the resular way. On the other hand, grocers have, according to the refiners, been forcing delays In deliv eries' to an extent that has convinced the rftners that something must be done. "Gro cers seem to have no honor whatever. said leading refiner. "In the matter of living tip to their contracts. It is nonsense to talk about making special selling arrangements with them: they will not live up to their yresent arrangements and take the sugar they have agreed to take." FITCHARO BUY rEKflVAt. HOPS. rtno Independence Lot Is Taken at rven Tents. The only development of Interest In the hop market ye-ter.lay was the purchase by Chsrlre U Fitrhard of 1TO hales from W. W. PTClval. of Ir dependence, at 7 cents. No rfrorts of buying hy other dealers were made. According to the Tendon Time the bill recently Introduced In Parliament to pro hibit the use of bop substitutes In brewing and the Importation of hops' except In bags p-operly marked eon.tsts or three elau!es. The n-st clause provides that a brew for sals shall not use any hop substitute In the brew ing of beer and shall not receive or have In his custody or pos-espion any beer contain ing any hop substitute, or In the brewing of which any hop siibjtltute bas been used, or any hop substitute except for domestic use, the proof whereof shall He on him. The sec ond subsection of the clause provides that If any brewer for sale uses any hop substitute In the brewing of beer or receives or has In his custody or posevssdon any article In con travention of the section, he shall Incur an excise penalty of 100 and the article shall be forfeited. The third subsection contains the defllnitlons of "hop substitute." "beer." and "brewer for sale." Clauee 2 Is a mark ing clause, the intention of which Is to apply to foreign hopn the same provisions as are applied to British hops under the hop-marking acta. The third clause Is the short title and commencement clause. INQUIRY FROM MKXICO FOR WHEAT. "With IJgbt Supplies I'ndertome. of Grain .Markets la Firm. The grain trade continue alow, but with a satisfactory undertone as a result of the light supplies left In the hands of growers. "London cables quoted wheat cargoes quiet but firm, though options were lower at Liverpool. The Chicago market closed one cent higher. There is soma inquiry in the Northwest Jrom Mexico for wheat. Owing to the scarcity of wheat in that country, the government baa reduced the import duty to jS-6 centa per bushel. The reduced rate Is In effect from December 13, 190S. to iAprlt 30. 190. Bid and asked prices posted at the Board of Trade were: WHEAT. Bid. Asked. December $ .""'i -n January 1 H X-tt OATS. December 10" I 2t4 January L-tillH l-3 BARLEY. December 1 1.40 January 1 " 1.42 H Receipts In cars wore reported by the ferchants Exchange as followa: Wheat Barley Flour Oats Hay Dec. ;-27 ins 4 14 3 10 Imsc. 2R 61 2 ." 1 3 Jotal last week.SM ' 12 40 9 S3 JAPANESE ORASCES DCE TODAT. tBomo California Inquiry for Oregon Onions. Potatoes Are I Mill. A shipment of Japanese oranges, the third of the the season, will be put on ale this morning. A car of California oranges waa received yesterday and a car of lemons wma due last night. A car of celery waa also due. City trade in fruita and vegetables waa of fair volume and country, orders were plentiful. Prices gen erally were unchanged. Interest in the onion market la steadily Increasing. A little Inquiry is coming from California, which Is likely to result In business very soon. In the meantime the undertone of the market Is much firmer. The growers' association has Its plana about completed for marketing Its crop through regular agents during the remainder of the season and la confident the plan .will be an entire success, notwithstanding the knocking'' that la being Indulged In. The potato market continues dull and shippers do not look for outslda orders oon. except for very fancy sorts. BITERS ARK ALL AFTER CHICKENS. "Market Is Firm and Higher All Around. Eggs Very Weak. There were liberal receipts of poultry yes terday, but the demand was strong enough to clean up all the offering Buyers were specially keen after chickens and ducks. Hens sold higher at 12,4 centa and duck brought as high as IS centa Geese did, not xnove so well. Eggs were weak and dragging with most of. the business done under 40 centa There waa an active market for city creamery butter, which cleaned up well at firm prices. Cheese waa quiet. PORTLAND MARKETS. Groceries, Dried Fruits. Etc DRIED FRt'ITS Apples. T&c per pound; peaches. Ul2'c: prunes. Italians, Sir 6'ac; prunes, French, 3-htAc; currants, un washed, cases. OSc: currants, washed, cases, luc: figs, white, fancy. JO-pound boxes, 0iei cpite. 7-ir7l3c COFFEE Mocha, 21 2c; Java, ordinary, I' 17 20c: Costa Rica, fancy, lgtf20c; good. ICaISc; ordinary. 12Jlc per pound. RICE Southern Japan, 4c: head. BW 6c. SALMON Columbia River, t-pound tails. 12 per doxen; 2-pound tails, $2.95: 1-pound flats, $2.10: Alaska pink. 1-pound tails, .c: red. 1-pound talla, tl.45; sockeyes. 1-pound talis, 2. , Sl'GAR Granulated, $5.95; extra C, $5 4j; golden C, $5 3.'.: fruit and berry sugar. JS-JSj plain bag. $5.75; beet granulated. $5.5. cubes (barrels). $8.35: powdered baxr. $6.20. Terms: On remittances within 1 lava deduct lie per pound; If later than 15 days and within 30 days, deduct !it per pound. Maple sugar. 15 9 ISc per pound NUTS Walnuts, 140 150 per Pound by sack; Brazil nuts, 16c; filberts, 10c; pecan. lc; almonds, 1314c; chestnuts. Italian, lie: peanuts, raw. 6?Sc; roasted. 10c. plnenuts. 10 12c: hickory nuts, 10c; cocoa nuts. 90c per doien. , SALT Granulated. $14.50 per ton. $2 per bale: half ground, 100s, $10 per ton; 50a, SIO 50 per ton. BEAN'S Small white. 5 35c; large white. 4Hc: Lima, J,c: P"1". c; bayou, 3c; Mexican red. 4aC. Grain. Flour. Feed, Etc BARLET Producers" prices: Feed per ton; brewing. $2S. WHEAT Track prices: Bluestem, ih oi," ere. 91c: red Russian, $27 9Sc: 80c: 40-fold. 93c; valley. 91c KLOLR Patents. $5.00 per bsrrel, straights $4.05; exports. $3.70: Valley, $4 65: U-sack graham, $1.40; whole wheat, $1.6j; rye. $5.50. OATS Producers prices: No. 1 white. $32.00 per ton. MILLSTrFFS Bran, city, tSH.50 per ton; country. $25.50: middlings. $33 00; shorts, country. $28.00 920.00: city. $30.00: chop, $20OO25 0O; rolled barley. $23.00 20.00. HAY Timothy. Willamette ValRy. $14.00 per ton; Eastern Oregon, $15017.00; clover. $12 00; alfalfa, $12.00 13.00; grain hay, $12.00 013.00. Vegetables and Fruit. FRESH FRUITS Apples. ?5ce$3 boxj pears, $101.75 per box; quinces. 191" per box; cranberries, fl4.5t 15 per barrel; Spanish Malaga grapes. $7.50S per barrel; persimmons. $ltjrl.25. POTATOES Buying price. RO90c per hundred: sweet potatoes. 2 02 'Ac per pound. TROPICAL FRUITS Oranges, navels, $3 5 3 per box; lemona, fancy. $4 4.50 per box: choice. $33.50; standard. $2.75 box; grapefruit. $4.25 box; bananaa. 5j5VjC per Ih. : pomegranates. $1.502 box; pineapples. $313.75 per doien; tangerines, $l.t5 per box. ONIONS (Iff 1.2.1 per 100 lbs. kOOT VEGETABLES Turnips. $1.25 per sack: carrots, $1: paranips, $1.25: beets, 81. M: horscrsdiah. S10c per pound. VEGETABLES Artichokes. $1.40 dox.; beans. iM'o22"c lb.: cabbage. lijSIIc lb., cauliflower. $1.25 dox.: celery. $4 So per crate: cucumbers. 826 2.50 box: eggplant, lie lb.; lettuce, $10 1.25 per box; parsley. .TOO dozen: peas. 17'c lb.; peppers. 1520 per lb.: pumpkins. Itllic per lb.: radishes, :loc per dox.; spinach, 2c per lb.; sprouts, loc per lb.: squash, lHc per lb.; to matoes, $1.5032. Dairy and Country Produce. PUTTER City creamery .extras, 3637c; fancy outside creamery, 32H035C per lb.; store. 18t 20c. EGGS Oregon ranch. S7H?40c; East erns. 27 u. 5:120 per dozen. FOI'LTRY Hens. 12lHc lb.: Spring, large. Ill, 124c; small. 14if14txc: mixed, liuigric: ducks. 17t1c; geese. lOffllc; turkevs. 182rt,.; dresed turkeys. 20t25c. CHEESE Fancy cream twins, l..Viff1c per lb.; full cream triplets. 154 01ttci full cream. Young America, l'iS I7c. VEAL Extra. fH10c per lb.; ordinary. 7rc: heavy, r.c. PORK Fancy. TH08c per lb.; large. e w7 MUTTON r7c per lb.: lambs, 808Vic. Mods, Wool. Hides, Ete. HOS lfOS. choice, 76'"tio per pound; good prime. a6'c; fair prime. ,mtlc; medium. 35V,c; 1007, 2 S2'.ic; 1906. IS lHc WOOL Eastern Oregon, average best. 10 6 14c per pound, according to shrinkage; Vallev. ir.jltc MivHAIR rhotce. J810c per pound. HIDES Dry hides. No. 1. 15B16c pound: irr kip. No 1. 13fl4c pound: dry calf skin. 17'617'ic pound: salted hides, heavy, ft "4 39c; light and rows; 88ic; salted calf skin. V-faT-Jc pound; green, lc less. pt7Ry;0, skins: Angora gost. $1, to $1.25; badger. 25ti fine; bear. $520: beaver, $6.50e850; cat. wild. 6Oc0$l; cougar, per fect head and claws. $310; fisher, dar'.t, 7-ail: pale. $4.(M)iS7: fox. cross, $3 to $5; fox, gray. 60c to 80c: fox, red, $2.25 to $4: fox. ailver. $SS to $100; lynx. $10n 15; marten, dark. 1912; mink. 73c$4 50; muskrat. 10 15c; otter, $7; raccoon. 45c9 Vie: sea otter, $102.50. as to slxc: skunks, bo75c; civet cat, 10 15c: wolf. $25 3; coyote. 70ct$110: wolverine, dark. $366; wolverine, pale. $22.50. CASCARA BARK Small lots, 4ic; car lots, 64c per pound. Provisions. BACON Fancy. 21Vic per pound: stand ard, ISc: choice, 17c; English. 16'o.l6Vc; strips, 13c. DRY SALT CURED Regular short clears, dry salt. 12c; smoked, 13c; short clesr backs, heavy, dry salted, 12c; smoked. 13c; Oregon exports, dry salt. 13c; smoked. 14o. HAMS 10 to 13 lbs., 14V4c; 14 to 16 lbs. 14Hc; 18 to 2-) lbs., 14ttc; hams, skinned, 14ic; picnics. 10c; cottage roll. 11c; shoul ders. 11c; boiled hams. 2020V4c; boiled picnic, 17c. LARD Kettle-rendered : Tierces. 11 He; tubs, 13c; 50s. 13fcc; 20s, 13ic; 10s, 14c; 6s. 14 Vic; 3s, 14 Standard pure: Tierces, 12c: tuba. 12Hc; Cos. 12Vic; 20s. 12c; 10s. 13c; 5s, 13Vc: 3s. 13ic. Compound: Tierces. 8c; tubs. 8Vic; DOs, 84c: 20s. 8")ic; 10s. Rfic: Bs. R'4c SMOKED BEEF Beef tongues, each, 70c; dried beef sets. 16c: dried beef out sides. 13c: dried beef Insldes, 18c; dried beef knuckles, lftc. PICKLED GOODS Barrels: Pigs' feet, $13; regular tripe, $10: honeycomb tripe, $12: pigs" tongues, $19.50. MESS MEATS Beef, specials. $11 per barrel: plate. $14 per barrel: family. $14 per barrel; pork, $21 per barrel; brisket, $25 per barrel; 8 P. beef tongues, $20; pig snouts, $12.50; pig ears. $12.50. Bank Clearings. Clearings of the Northwestern lttea yes terday were as follows: Clearings. Balances. Portland $ 075.054 $l28.Br..'l Seattle 1.404.SH7 2S4.BS2 Tacoma Ml.SiW K8.234 Spokane 8X7.370 62.900 GOOD INQUIRT IV WOOL MARKET. Steady Prices Expected by Dealers at Boston. BOSTON, Dec. 29. The local wool Inquiry is reported good In nearly all lines. Quota tions hold steady and local sellers do not look for any change for some time. Texae Fine. 12 months, 80tf62c: fine, six to eight moatha. 604r52c; fine Fall, 48r30c. California Northern. &26R3C; middle county, 4&S40c; southern, 37038c; Fall free, 4043c. Oregon Eastern No. 1 staple, 62JT83C: Eastern olothlng, 4Sf50c; Valley No. 1, 46 0-4 8c. Territory Fine staple. 62965c; line me dium staple. 670S9c; fine clothing. 60ff59e; fine medium clothing. 49tj-52c; half-blood, 64 0f8c; three-eighths-blood, 62054a; quartsr bluod. 474c. Pulleil Extra. 6C62c; fine. R6"8c. Eastern Mining; Stocks. BOSTON, Dec. 29. Closing quotations: Adventure . .$ 9.0O I Mont C C. . .35 Allouez 37.50 iNevada 10.12V4 Amalgamated 8212H!oid Dominion 58 00 Ariz Com 38.2.1 lOsceola 134.00 Atlantic .... 17 50 Parrot Z0.62V Qulncy 94.50 Butte Coal... 27.1 Cal & Ariz. ..118.23 Cal A Hoc la. 67 5.00 Centennial . . 33. OO Shannon . 17.00 Tamarack ... 81.50 Trinity 17 00 Copper Range 81.50 IVnlted Copper 13.25 rlv West... 10. no U. S. Mining. 44.50 Franklin 1 75 lU. S. Oil 28 50 46 SO 4.00 Granby 107.50 ICtah .... Greene Can.. 12.12VilVlctorla . Isle Royale. . 2.1.00 iWlnona . Mas Mining. 6 00 Iwolvertne Michigan . . 12 2.1 North Butts. . 85.00 Mohawk 690 NEW yORK. Dec. 29. Closing quotations: Alice 200 Brunswick Con. 3 Com Tun stock. 22 do bonds 16 r C Va 68 Horn Sliver 70 Iron Sliver 100 Leadvllle Con... 5 Little Chief 8 I Mexican 75 Ontario 325 lOphlr 1,10 'Standard I.15 lYellow Jacket... 66 Dairy Produce In the East. CHICAGO. Dec. 29. On the Produce Ex change today the butter market was steady. Creameries. 22032c: dairies, CIVitfCEc. Eggs Steady; at mark cases Included, 2ie:c; firsts. 19c; prime firsts, lie. Cheese Firm, 14015c. NEW YORK. Dec. 2. Butter .Firm: creamery, held common to special, 23 02$ Mo. Cheese Quiet, unchanged. Eggs Easier. Western firsts, $lc; sec onds, lOtflOtsc. Wool at St. Louis. ST. LOUIS. Dec. 29. Wool Firm. Terri tnry and Western mediums. 170 21c mediums, 10 17c; fine, 12017c fine SELL FOR PROFITS Realizing Sales as Result of Recent Stock Advance. - CAUSE A SHARP SETBACK Italian Calamity and News From the Balkans Have a depressing Ef-' feet Pressure Also Affects Speculative Bonds. NEW YORK. Dec. it. The rate at which prices started upward with the resumption of dealings In stocks after the Christmas holidays waa not maintained on the second day of operations. A substantial ctrock was encountered In the weight of the offerings to sell at the higher prices, for the level at the outsot today waa considerably higher. Tba genuine buying Investment is Identified by Its sober methods and its more careful scrutiny of price levels with relation to div idend rates and the adjustment of Income returns to conform to existing conditions in the money market. The readjustment pressure was most pronounced in some of the stocks which were most conspicuous in recent sudden advances, including some of the lower-priced railroad stocks, but em bracing also some of the high-priced spec ulative favorites. The railroad deal continued to play a part In tha speculation and to touch some new stocks with Its animating Influence. The copper industrlala ahowed themselves un responsive to trade reports of the same hope ful character which proved efficacious In raising their prices yesterday. Copper metal was marked up again yesterday In tha Lon don market and further reports were heard of an active movement among consumers to take refined copper, but that group sagged to lower prices, notwithstanding this stim ulant today. There was much discussion yesterday of the Important effect on railroad earnings to result from the proposed advance in freight rates on January 1, of which notice has been filed with the Interstate Commerce Commission. The 'amount of public agita tion aroused against this proposed advance came Into larger consideration today, owing to reports of the holding of mass meetings in California to protect against the Intended advancea on behalf of shippers. Railroad traffic officials displayed no more than a quiet satisfaction with the freight movement and do not give expres sion to enthusiasm. In the comparisons of railroad earnings with the last year it la pointed out that the comparison is with the slump In gross earnings following the panic and while operating expenses were still held at an extravagant level, as time had not yet been given to put Into effect measures of economy. In other words, con ditions at this time last year and In the period following were the most unfavorable for the railroads which have existed for many years past, so that satisfaction with a favorable contrast at this time will de mand some restrslnt. The Italian calamity brought no direct pressure upon the market, but the senti mental effect of such a great disaster is depressing to property values. The news of the Balkan situation also had some dis quieting effect on foreign markets. The de cline In sterling exchange here kept pace with that at Paris, leaving the force of de mand on otlr gold holdings about the came. Money was offered freely In time loana and rebates declined. The closing tone of the stock market was distinctly weak after a day of hesitation. Profit-taking was an Influence on some of the speculative bonds, ss well as stocks, and the tone of the bond division was rather irregular. Dealings were still on a large acale. Total, sales, par value, $9.044, 000. United States Ss declined per cent on call. CLOSING STOCK QUOTATION 3. Closing Bid. 3i, 40 43 42 37 22 B71i 67 hi 1114 83 Sales. High. Low. .813.100 IH1, tC;i , 6.5U0 Bui 49Vj if') 43' 43 9"0 43' 43 1.8O0 37 H 37 BOO 21 "t -2iyt . 4.000 681, 67" . 4.SU0 5li 675, 100 112 112 . 43.1O0 ' ts'Mi o2 . 1,300 103 102 IciO 132U, 132 40O 04 Vi 94(4 IOO 20' 2T , 2.3O0 611 4V . 81,700 101 VI IOOL4 . 1.7O0 104 103 6t0 I0914 109 . 9.B0O 1114 llOJi 200 94 83 . 23.OU0 Sk 67V4 . 1,500 1775 177 .. 600 S3 32 SO0 102 10114 I11O 229 229 Am Car A. Foun. do preferred . . . Am Cotton Oil.. Am Hd & Lt pf. Am Ice Securl... Am Linseed Oil.. Am Locomotive... do preferred . . . Am Smelt ft Ret.. do preferred . . . Am Sugar Ref . . . Am Tobacco pf.. Am Woolen Anaconda Mln Co. Atchison do preferred . . . Atl Coaat Line... Bait A Ohio do preferred . . . 4 20 48 14 108 4 HO 93 67 Vi 176v 814 lnlVa 228 67 VJ 121 Central Leather.. do preferred Central of N J... Che A Ohio 4,100 Chicago Gt West. I.20O 6HV4 67 V, 13" Chicago & N W.. 3,900 IMVj 12 iS2' C, M & St Paul.. 21,100 161 149 C. C. C & St L. . l,Oi)0 7(i 6i4 i.o 6Vi 39 67 75-4 73 V4 163 17K 179 38 SO 37 34H 807, 40 colo ruel & iron., o.ww Colo & Southern.. 6.4O0 do 1st preferred. 6-0 do 2d preferred. 400 41 V 67 76V, 311 57!, 76 74 u, 4 Consolidated Oas.. 43,700 1844 163 Corn froflucta Del se Hudson 700 181 180 DAK (irande... JO.i'V 38 38 (4 81 3714 34 do preferred 300 HI i-4 3814 34 14 51 V4 40 Distillers" Securi.. Erie 16.900 35 do 1 st preferred do 2d preferred. General Electric. Gt Northern pf.. Ot Northern Ore. Illinois Central . Interborough Met 4,800 2oO 60 40 600 lOOVi l.'A 158V4 16.600 14XV4 146 14- 73 3.4IO 148'4 146?4 9.6O0 19 18' 146 18 47 12 66 34 31 40 70 122 do preferred ... 13.M Int Paper Ion do preferred ... R'io Tnt Pump . l.BOO Iowa Central .... N"0 K C Southern ... i0 do nref erred ... 4.400 48 V4 12 67 34 Vi 32 1 41 tj 46 12 66 Vi 33 31 40 70 123 71 7 LouIsj & Nashville l.soo 124 Mina St L oo 63 63 62 M. St P S 8 M. 1.4O0 133 132 13.1 Missouri Pacific. 4..VO 6 65 6S Mo. Kan A Texas 14. loo 43 do preferred ... 700 74 National Iead S.RO0 79 42 V4 74 78 78 122 46 N Y Central 17.800 124 122 N T. Ont ft West. 1.300 47 46 Norfolk A West.. 8. IOO 86 North American.. 20O 74 Northern Pacific. 21.100 144 raiaM xrii I.OOO 36M 86 8.V4 74 i4i 1424 142 SO', an Penn-vlvar.la 45.000 132$ 131 131 Peboie'a Oas .... 2.000 106 ins 14 P. C C A St L. .. 20O 88 Pressed Steel Car. 1.300 44 Pullman Pal Car KO 170 86 87 43 43 168 170 Rv Steel Spring.. 1.100 40 48 48 Reading 74.100 142 -140S4 I40S4 1.4110 "tt1 z Ha preferred ci 74 87 24 60 41 23 64 81 T.lann Co... 8.6O0 26 24 60 40 23 64 77 J m.r.rr4 ... 3.9O0 62 St L S F 2 pf. 2.5OO, 41 St I. Southwestern ' -3' do preferred ... Sloes-Sheffield .... Southern Pacific An nr-f-rpM ... S.pon 66 100 7H 78 3.4O0 122 12n 121 1.2O0 126 124 124 Km.thern Hallway. 14.100 27 26 63 !B do preferred ... 4.100 Tenn Copper O0 Texas A Pacific. 1.4O0 Tol. St L A West. 1..O0 A ... 2.4i 63 46 37 49 62 44 if 36 47 71 183 96 SS 106 64 40 35 48 73 1 n.iH. T2.900 184-Ti 183 .referred .. 400 96 86 V S Rubber . - 1.300 36 do 1st preferred. 400 1 35 106 64 TT Q Ktskstl ........ wo . f'-v do pref erreJ S'600 113 112 112 2 00O 48 41 4 VaTcarT Chemical. 2.000 45 44 . is 4S 85 68 12 44 114 18i 49 86 6H 12 34 129 do prereTreu ... vj. Wabash .S'US do preferred ... 7.4O0 Westlnghouse Eleo l.ao Western Union ... 300 19 60 85 68 12 35 32 Wisconsin ,;700 129M 129 Total salea for the day. 916.800 shares. BONDS. NEW YORK. Dec. 29. Closing quotations: U. S. ref. 2s reg.ioo do coupon. ... 104 TJ. 9. Ss reg 104 An eounon. . . .101 N Y C O 8s. . . 96 North Pacific 3s. 734 North Pacific 4s. 104 South Pacific 4s. 914 Union Pacific 4s. 104 TJ S new 4s reg.120 An.ioon .121 lWlscon cent 4s. o Atchison adj 4s. 93 Japanese 4s 82 D R O 4a I Money Exchange. Ktc. NEW YORK, Dec. !. Money oa call. firm, 3e per cent; ruling rate, 3 J t.ir cent: closing bid and offered. I per I cent Time loans, weaker on December offer Inn: 60 and SO days. 3 per ' cent; sh six months. 3 per cent. Prime mercantile paper, 4 4 per cent. Sterling exchange easy, with actual busi ness in bankers' bills at 1. 849014.8510 for CO-day bills and at $4.8690 for demand. Commercial bills. 4.84 4.S444. Bar sliver 49 c Mexican dollars 45c. Government bonds, easy; railroad bonds, irregular. LONDON, Dec. 29. Bar silver. 23 15-16d per ounce. Money 2 per cent. The rate of discount In the open market for short bills Is 24i2 r-sr cent; three months' bills, 2 "2 5-16 per cent. SAN FRANCISCO. Dec. 29. Sliver bars 49c. Mexican dollars Nominal. Drafts Sight. 6c; telegraph. 10c. Sterling 60 days. 4.85: sight, $4.87. Storks at LooxUm. LONDON. Dec. 29. Consols for 83; do for account, 83 11-16. Anaconda ... 10.37 N. T. Central money 128.50 Atchison 103.63'Norflk A Wes do pref 103.50 I do pref Bait A Ohio. 114. 37!ont A West.. Can Pacific. .182.00 Pennsylvania. Ches Ohio. 60.00 iRand Mines.. Chi Grt West 13.50 iReadlng C. M. ft S. P ..155.00 Southern Ry. . 87.25 SS.00 48.62 67.25 7.50 72.75 27 37 64 50 123.37 188.87 08.00 56.37 115.7.1 19.50 50.00 94.50 86.50 De Beers 10.87 do prer D ft R G. . . . 39. 50 ISouth Pacific. do pref 84.75 lUnlon Pacific. Erie ' .",5. 87i do pref do 1st pf.. 52.50 U S Steel do 2d pf.. 41.00 do pref Grand Trunk 20.50 IWabash Ill Central. ..151.50 t do pref L ft N 127.00 (Spanish 4s Mo K ft T.. 44.37:Amal Copper. Dally Treasury Statement. WASHINGTON. Dec. 29. Today's Treas ury statement: Available cash balance 1159.845.741 Gold coin and bullion 26.114.103 Gold certificates 61,568.430 SMALL DEMAND FOB FLOUR so NEW OUIEXTAIi ORDERS BOOKED AT SEATTLE. Hay Is Weak Because of llie Pres sure of Laree Lots of Mon tana StOt'li. SEATTLEi, Wash., Dec. 29. itSpecial.) Demand for flour from the Orient has prac tically ceased. "While shipment for Jan uary will be quite large, no new orders are being booked locally. Hay b weak, owing to the pressure of large .lots of Montana hay. The top on Eastern Washington timothy Is $20, with much good stock selling for Icfs. Local dealer are re fusing to handle Puget Sound hay at any price. Eggs were still weak today, few selling about 44 cents. So far ss was learned, the rumored Alaska order has not yet been placed. A California boat today brought large quantities of green stuff. Including tomatoes. The tomatoes are selling at from $1.50 to $1.75 per crate. The demand Is only fair for tomatoes yet. Oranges and lemons are weak. Dealers are not holding prices to the regular lit, reductions having been made to clean up ripe stock. QUOTATIONS AT SAN FRANCISCO. prices Paid for Troduce in the Bay City Markets. SAN FRANCISCO. Dec. 29. The follow ing prlcea were quoted in the produce mar ket today: ..... Mlllstuffs Bran, 38.5030; middlings, $32. 50835.50. Vegetables Garlic, 7 9 9c; green peas, 10 ift15c; string beans, tomatoes. 60c fe 1- Butter Fancy creamery, 37c; creamery seconds, 32c; fancy dairy, 25c; dairy sec onds, 20c; pickled, 23 c. Cheese New. 144?14o; Toung America, 15 iloc: Eastern, 17c. Eggs Store, 46c; fancy ranch, 60c; Eaat ern, 3oc. Poultry Roosters, old, $44f4.50; young, $68; broilers, small. $3.6"fc4.50; brolljre. large, $4.60'ti: fryers. 51j8; hens. $4'5; ducks, old. $4g: young. $68. Wool Spring. Humboldt and Men.'!onino. 16S19c; Mountain, 58c: South Plains and San Joaquin. 79c; Nevada, 9 14o. Hay Wheat. $184f 22.5o: wheat and oats. $1721; alfalfa, $14,50418; stock. $1215; straw, per bale, oOS80c. . Potatoes Early Rose. 1.:51.26; Sa linas Burbanks, $1.:1.50; Oregon Bur banks. $1.1501.23; sweets. $1.25(81.50. Fruits Apples, choice. $1.25: common, 0c; bananas. $13; limes. $4.60! 5.50; lemons, choice. $3.25; common. $1; oranges, navels. $1.502.50; pineapples. $294. Receipts Flour, 5448 sacks; barley, 25S0 centals; oats. 920 centals: corn, 600 centals; potatoes, 6480 sacks', bran, 180 sacks; mid dlings. 455 sacks; hay, 355 tons; wool, 31 bales; hides, 2345. PORTLAND LIVESTOCK MARKET. prices Current Locally on Cattle, Sheep and , Hogs. All grades of cattle were advanced a quarter yesterday. The market was very firm with a good demand and a much re duced supplv. Firmness also ."prevailed In the hog market. Last prices were In force, but the belief was expressed that there will be an advance In the near future. The Eastern markets have gone up and this affects the situation on the Coast. Sheep were steady and unchanged. The receipts yesterday were only 30 cattle. Local prices current yesterday were as follows: CATTLE Best steers, $i25(S4.50; me dium. $4(B4.23; common. $3.50:1.75; cows, best. $3. 25 3.50; medium. $:i(?j3.25; com mon. 2.50(ff2.75; calves, 4(84.73. SHEEP Best wethers, $4.264.50: mixed, sheep and lambs. $4.25(4.50; ewes, $3.7504; lambs, best trimmed. $4.755; untrim med. $4 4.25. HOGS Best. $5.786: medium, $5,269 1.76; feeders not wanted. Easteni Livestock Market. CHICAGO, Dec. 29. Cattle Receipts, es timated. 4500; market, steady. Beeves. $:i.657.70; Texans. $3.604.45; Westerns. $3 6005.65; stockers and feeders, $2,704? 4.80: cows and heifers, $1.705; calves. $6-60$r9. Hogs Receipts, estimated. 32,000; mar ket. 510c lower. Light. $5 055.80; mixed. $5.406: heavy, $3.406.05; rougn. $3 455.60; good to choice heavy, $5.60 6.05; pigs, $4 4)5.70; bulk of sales, $3.55 ?heep Receipts, estimated. 15,000: mar ket, strong. Natives, $2 60M.85: Westerns, $2 60 4 8O; yearlings, $56 20; lambs, $4.50 ST.73; Westerns, $4.407.70. KANSAS CITY, Mo.. Dec. 29. battle Recelnts. 12.000: market, steady. Stockers and feeders. $3.20(95.20: bulls, $2.80.35.40: calves. $47.50; Western steers, $3.80 5.75; Western cows, $2.7504.50. Hogs Receipts, 21.000; market, 8?10e lA.r Rtilk of sales. $5.4035.85: heavy. $5 80grff.95; packers and butchers, $5.60(9 5.90: light. $T,.205.75: pigs. $4.25(95. gheep Receipts. 7000; market, steady. Muttons. $4.25 0 5.25; lambs, $3.50(917.60; range wethers, $4 (g 6.65; fed ewes, $34.75. SOUTH OMAHA. Dec. 20. Cattle Re ceipts. 3700: market, steady to strong. Western steers. $2.506: Texas steers, $3.25 5.10: cows and heifers, $2.30(94.50: can ners $2(92.75: stockers and feeders, 27."iai 5.50; calves, $36; bulla and stags. $2.50jr 4.40. Hogs Receipts, 12.000; market, 510c lower. Heavy. $5.70tr5.8OT mixed, $5.60 up 5.75; light. $3.25S5.70; pigs, $3.50ffl5; bulk of salea, $3.50(3i5.75. gheep Receipts. 9000; market, active and 10c higher. Yearlings. $3.40(86.10; wethers, $4.255; ewes, $3.04)94.65; lambs, $6.25 7.33. ' Coffee Futures. NEW YORK.. Dec. 29. The market for coffee futures opened steady at unchanged prices to an advance of 5 points and closed firm at a net advance of SIO points. De cember 6 35c; March, 5.45&.65c; May, S.45 5.60c; June, 5.45c: July, 6.40c; Septem ber, 5.85(85. 40c; October, 6.85c. Spot steady. No. 7 Rio, 6c: Santos No. 4, 7 8c. Mild dull. Cordova, 912c. New York Cotton Markets. NEW YORK, Dec. 29. Cotton futures closed steady. December, 9.70c; January, .72c; February. 8.76c: March, 8.81c; April, 8.S0c; May, 8.90c; September, 8,66c; Octo ber, $.660. MUCH DAMAGEDUNE Severe Storms Injure Argen tine Crop. REDUCE EXPORT SURPLUS Reports Turn the Chicago Wheat Market From Weakness to Strength All Options Close at the Highest Point. CHICAGO, Dec. 29. One of the chief fac tors contributing to the strength of wheat today was a cablegram from Argentina stat ing that severe storma were doing consider able damage to the wheat crop. Other ad vices from that country confirmed the pre vious estimates of a comparatively small amount of wheat available for export. These reports transformed a weak market to one of strength. At the opening prices were c to c lower compared with the previous close, the weakness being due to a decline of to d at Liverpool. A firmer tons developed toward the end of the first hour and throughout the remainder of the day sentiment in the pit continued bullish. A special report on the Fall-sown crop of wheat in this country, made by a local exporter who was Inclined to doubt the accuracy of the Government statistics, showed that the special figures placed the total acreage at 1.250,000 acres more than waa claimed by this authority. Thla report helped to strengthen the market. The close was strong, with all deliveries at the highest point of the day. May being at $1.07 and July at 09c. The corn market closed strong st the high est point, with price up to c and final quotations on May were 61(861c and on July at 61c. The oats market closed firm at the top. with prices up (8Vic compared with the previous close, final quotations on May being at 61 c and on July at 46e. Increased receipts of live hogs here and at other Western packing centers Induced mod erate realizing In provisions by local longs, which caused a weak market throughout the entire day. Prlcea at the close were off 12 &15c. The leading futures ranged as follows: WHEAT. Open. High. Low. Dec $1.0J $1.UU $1.02 May 1.06 1.07 1,06 July .99 .94 CORN. Dec 67 .67 .57 May 60 .61 .60 July 61 .61 .61 OATS. Dec 49 .49 .49 Mav 61 .51 .61 July .46 .46 .46 MESS PORK. Jan 16.27 16.30 16.17 May 16.50 16.50 16.42 LARo. Jan 9.42 9.50 9.42 May 9. JO 8.70 9.62 Close. 1' 117 .99 .67 .61 .61 0 .49 .61". .46i 16.30 16.60 9 50 9.65 SHORT RIBS. Jan. May . .. 8.32 8.32 8.27 . .. 8.65 8.67 8.60 8.30 Cash quotations were as follows: Flour Firm. Wheat No. 2 Spring. $1.06 (& 1.08 No. 3. tt.00l.r7: No. 2 red. $1.04 4 1.05 Corn No. 2, 6868c; No. 3 yellow, 68 &58. Oata No. 2 white, 6151c; No. 3 white, 48 6 51c. Rye No. 2, 73c. Barley Good feeding. 695e; fair to choice malting. 61 64c. Flax seed No. 1 Nortbsvestern. $1.49. Timothy soed Prime. $3.75. Clover Contract grades, $9.10. . Short ribs Sides (loose), $7.87 (!f 8.87. Pork Mess, per barrel. $14.60 14.62 . Lard Per 100 lbs., $9.50. Sides Short, clear (boxed), $8.50(98.75. Receipts. Shipments. Flour, bbls 38.600 30,800 Wheat, bu 31.000 20.100 Corn, bu 801.100 244.000 Oats, bu 474.200 324,700 Rve bu. 61,000 11.000 Barley, bu 185,900 278,900 Grain and Produce at New York NEW YORK. Dec. 29. Flour Receipts, 24.198 barrels; exports, 6111 barrels; market dull but steady. Wheat Receipts. 51.000 bushels. Spot firm; No. 2 red, $1.0801.09 elevator: No. 8 red. $1.10 f. o. b. afloat: No. 1 Northern Duluth, $1.19.5, f. o. b. afloat; No. 2 hard Winter. $1.16 f. o. b. afloat. Last prices showed c net rise. December $1.12; July closed $1.10 11-16; May closed closed $1.06. Hops Quiet. Hides Easy. Wool and petroleum Steady. Grain at Son Vranclsco. SAN FRANCISCO, Dec. 29. Wheat Steady. Barley Steady. Spot quotations Wheat Shipping. $1.62 1.67 ; milling. $1.671.72. - Barley Feed, $1.42 1.45: brewing. $1.47 1.62. Oats Red. $1.57 (8 2.10; white, $1.65 1.80; black. $:.25lff2.60. Call Qpard sales Wheat May, $1.70c. Barley May, $1.42. Corn Large yellow. $1.75 1.85. European Grain Markets. LONDON. Dec. 29. Cargoes quiet but firm. Walla Walla prompt snipment at ts 9d; California prompt shipment, 37s 9d. English country markets quiet but steady. French country markets quiet. LIVERPOOL, Dec. 29. Wheat December, 7s lld; March. 7s 7d; May, 7s 6d. Weather, snow storm. Changes in Available Supplies. NEW YORK. Dec. 29. Special cable grams and telegraphic communications re ceived by Bradstreefs show the following changes In available supplies as compared with previous accounts: Increase, Decrease. Bushels. Bushels. United States east of th. Rocky Mountains, i (y)s yy CanJdi. wheat 404.000 Total l-nlted States and Canada, wheat 1.472,000 Afloat for and In Europe, Total American and Eu ropean supply, wheat.. United States and Can 1,400,000 72.000 ada, corn United States and Can ada, oats .1,985.000 914.000 Dried Fruit at New York. NEW YORK, Dec. 29. The market for evaporated apples is quiet, but such fruit as Is strictly up to grade is firmly held. Fancy apples are quoted at 8iS9c; choice, 78c: prime. 87c. Prunes are somewhat unsettled In tone, with quotations ranging from 47c for California and from 69c for Oregon fruit, the latter from 60s to 30s. Apricots are in light supply, with choice quoted at 99c; extra choice. 10c: fancy. ll13c. Peaches are quiet but steady; choice. 7 Tc; extra choice, 78c; fancy, 8llc. Sugar and Coffee. NEW YORK. Dec. 2S. Sugar Raw, dulet. Fair refining, S.17c centrifugal test. S.67o: molasses sugar, 2.92c. Refined, quiet; crushed. 6.36c powdered, 4.75c; gran- ulated. 4.65c. Coffee-rSteady; No. 7 Santos, 7e8c. Rlo, 4c; No. Metal Markets. NEW YORK, Dec. 29. The London tin market was lower today, closing easy with spot quoted at 131 15s and futures at 133 7s 6d. The local market was easy, with spot quoted at 28.90&29.10C Copper was higher In the London mar ket with spot quoted at 63 15s and fu ture at 164 Xi Sd. Locally tha market i. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY CAPITAL AND SURPLUS, $1,000,009.00 OFFICERS J. 0. AINSW0RTH, President R. W. SCHMEER, Cashier. R. LEA SARNES, Vice-President A. M. WRIGHT, Assistant Cashier. W. A. HOLT, Assistant Cashier. DRAFTS ISSUED ON ALL FOREIGN COUNTRIES PAYMENTS MADE BY POST TO PARTIES ABROAD WITHOUT COST TO RECIPIENTS was firm, with Lake quoted at 14.37 S 14.50c; electrolytic. 14.12 14. 23c, and casting at 14.12 14.25c. Lead was unchanged at 13 In London but the local market was dull and easier at 4.10(4.150. Spelter advanced to 21 In London. Lo cally the market was unchanged at 5.10 5.15c. The English iron market was a shade lower, with Cleveland warrants quoted at 49s. Locally no change was reported. G. A. K. Officers tit Albany. ALBANY. Or.. Dec. 29. (Special.) Jasper Rolfe lias been cliosen command er of McPhorson Post. No. 5. tSt A. R., of this city. Other officers are: Senior vice-commander. W. H. Hlatt: junior vice-commander. L. D. McCauloy; chap lain, Cyrus H. Walker: officer of the day, N. C. W. Kisley; officer of the Kua'rd. C. M. Westbrook: surfreon, Mar tin Gray; quartermaster, E. Wash burn. Articles of Incorporation. A. H. ntBRELl. COMPANY Keal estate. . i i r ..a . InM.rndraOrB. 11. HnB Hint iiiDuioiu .1 Rlrrell. I). A. Milne. A. V. Hegel; capital stock. $10,000. , .1. P FIXLEV & SON Capital S.-.0.000: Incorporators. .1. P. rmley. stock. A. L. Flnley. George . Baldwin. Marrlajte Licenses. HILL-TJEBNOX To T. M. Hill, of Cow litz County. Or., and L. Vernon. HALL-KINGSTON To W H. Hall, of Chelan County. Wash., aged 31. and Lloulse Kingston, aged 24. ,, . WEST-MATTSON To Charles tt est of Multnomah County, aged 40. and Ida Matt- "Ke"lNER-HANDSCHIN To Miko Kell ner. of Multnomah C-.untv. aged 20. anil ov'ilhelmlna Handschin. aged 24 ROOT-FOSTER To Charles t R -ot. or Multnomah County, aged 11. and Anna K. KOCOOPER-dTRl''E To Ellis L. Cooper, of Multnomah County, aged 30, and beatrlce TGU.TNE1R-FAP.OO To .r. Wllr.ler CiUner, of Madison County. Indiana, aged 2S, and A. J. Fargo, aged 24. Wedding and visiting cards. W. O. Smith A Co., Washington bldg., 4th and Wash. Max M. Smith, florist. Meier A Frank- M 7215 150 Fifth St.. opp The investments I offer are backed by the soundest securi ty in the world and return a good rate of interest T. S. McGrath Lumber Exchange PORTLAND, OR. Bonds Stocks, Mortgages, Certificates netting 4 to 8 bought and Sold J. W. Cruthers & Co. INVESTMENT SECURITIES 716 Board of trade Bldg. Phone Main 7596 HAND SAPOLJO It ins ores an enjoyable, invig orating both; makes every port respond, removes dead skin. JOTERGIZES THE WHOLE BODY starts the circulation and leaves . a glow equal to a Turkish bath. Security HERE'S I01R PILL It's Lane's Pill the best liver pill. You have a liver, and all livers need pills sometimes. Your liver is ilka any other liver, and it's up to you to take care of it. When you forfret about your liver, your liver bothers you with constipa tion nags you with inihgeMtlon, inukes vou sick with billousiMsss, tortures you with sh k headache, turns you yel low with Jaundice, puts that nasty, tasting, furry coat on your tongue, or rramps you with bowel troubles. Ana then you'll surely bother about your jjVbr and you'll find that the reason it's out of order i.s because it's clogged tip and can't work rixht. To get relief you must mnke it work and to do thin Lane's IJIUs are the r.ills for you. Thi-y help the liver do its work. Lane's pills never grrlpe or cause pain, never leave any after ef fects. Are safe for the most delicate woman and for children. Sold by drug gists, twenty-live in a bottle, for 25c and one pill is one dose. Made by Chas. K- Lam; & Co.. Chemists, St. Lonls Mo. Sold in Portland by the Laue-Davis Drusr Co. at their four stores Third and Yamhill. 342 Wash ington St.. 4 tli ami Thurman and at E. 2Sth and E. Glisan. C. Gee Wo THE CHINESE DOCTOR This great Chines doctor is well known throughout the Northwest because of him wonderful Bind marvelous cures. and Is today ber- tt; aided by all his patients as the greatest of his kind. : He treats any and all diseases with powerfut Chinese roots, herbs and barks that are entirely unknown to the medical science of this country. With these harmless remedies he guarantees to cure catarrh, asthma. lung troubles. rheumatism, nervousness, stomach, liver and kidney troubles, also private diseases of men and women. CONSULTATION FREE, patlentd outside of city write for blanks and circulars. Inclose 4c stamp. The C. Gee Wo Medicine Co. lU2Va Urnt St., Near Morrison., Fortland, Or. Diseases of Men varicocele. Hydrocele, Nervous Debility. Blood Poison. Stricture. Oleet. rro.tstl trouble and all other private dis eases are successfully treated and cured br me. Call and see me about your case If you want reliable treatment with prompt nit permanent reeulta Consultation froa and Invited All tlons satisfactory and confidential. Oiriea hour. 9 A. M to 8 P. M Sundays 10 u 11 Call on nr address DR. WALKER 181 First St. Cor. Yamhill, Portland, Or CHICHESTER'S PSLLS U r TUB WIAMONB BRAND. . 1 !nirr1t. Ask fwCin-rirKR-TPITW lIAMONT tl-&M IMLI.8, for It yesrs known as Best. Safwt, Alwan Reliable SOLD BY DRUGGISTS EVERYWHERE IKAVELKRS' Cl'IDF. fOUXXAU Kt., UUUI i'OVVJtB Cfc CAJU LCAVK. Ticket Office and Wa!tln-Bos, First ausd Alder Btceeta FOR Orrson City 4. 9.S0 A. M.. '" 10 minutes to and Including F. M-. tben 10. 11 P M. : last car li mldnlf ht. Greibam, uonoi. . - cada. taxadero, air view daJe 7:15. :15 - Trout. 1:10. :.& f.lk V-iS P. M- FOU VANCOUVER. Ticket oftlce and waitin-room aaeond and Washington ir..i A- M e:18'. 60, 7:38, 8:00. I'M t:S0. 10:30. 11:10, H Or p m 110- 1. :. :d. 4:0. 6:10. 0:50. 6:i0. J:0S. :M 1:1. l:s. :1S. 0:25. 10:85. 11:45". nn Third Monday In Every afoul i.. mmt r .r UaM at 1 s09 e. M. . r . . , -vn un ntlui ..rialir aaeant llonday. North Pacfflc S.S. Co'i. SteamiM? Roanoke and Geo. W. Elder Sail lor Eureka, San Francisco and Los Angeles direct every Thursday at 8 P. HI. Ticket office 132 Third St., near Alder. Both phonea, M. 1314. H. Young, Agent. FRANCISCO rOR.TI.AVD 8. S. CO. Only dlrt'ct steamer and daylight sallltm Fiom Miiawnrth Iwck. FortUnd. 4 P. M. N. h. Itom City, Jim. 1. 15. etc fri. S. srnitttir, Jan. 8, 22, etc. From Lombard St., San Francisco, 11 A. M. K. S. Senator Jan. 8, 16. etc. B. S. Kow City. Jan. 9. 28. etc. J. V. Itansom. Liock Agent. Main 2t'.s Alnsworth Dock. M J. RW UK, City Tlckit Agent. 112 3d St. Phone Main 402. A 1402. COOS BAY LINE The steamer BREAKWATER leaves Port land every Wednesday at 8 P. M. from Alnsworth dock, for North Bend, Marsh fleld and Coos Bay points. Freight recelvel till 4 P. M. on day of sailing. Passenger' fare, first-class, $10; second-class, 7. In cluding be-th and meals. Inquire city ticket office. Third and Washington streets, or Alnsworth dock. Phone Main 268. r-ANADIAN PACIFIC Empress Line of tha Atlantic Weekly calling to Liverpool. Write for lDO'J saJllnir ltt. rates and booklets. K. K. JOHNSON. V. A.. Ui Xhird ot.. Portland. Or. rn Iil-bftr's Dim mood TtrsiidY 1MIU In Kd and tioJd iretlUcVV boes, sealed with Bluo Ribbon. X j Take ji other. Iior of roar " ,
