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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 19, 1909)
EXPORT HOP TRADE English Demand for Oregons May Have Opened. IS CARMICHAEL BUYING? Itumors Are in Cirrulation jt I'ur-lia-os for Korciicn Account. KaMern Traders on the Bear Side Wheat Is Steady. The loea: hop trade as interested yester 1. In a numlitr of rumors of expert buy lnc that were In circulation. The rumors Trera not verified, but as It ! nlitn. time that ths foraun demand should materialise. In view of the crop statistics, tha rtorts wera taken by lome of the dealera aa correct. Last rear there was a little export buytnr just after the announcement of the English irovarr.ment a crop, figures. In October, but tha main purchases were not made until tha first week In November. Thla year thera wou:d aeem to be (tood reason for an eariXr openinr of the F.ns'.lsh market, and aa thera la now a fairly representative line of Oreiron samples at London. It would oc casion no aurprlea If buylnir should be very ahortly prosecuted with vle;or for the Eng lish market. The top dealers have been closely watch ing Joan Carmlchael. t.f Salem, tha agent of the principal English firm, and when a report came down yesterday that bis buy era had bought two lots In the Newberg portion at around 2l cents. It was taken for granted that tha export trade had opened, though there was no confirmation of the news. It was reported from Lafay ette that Albert Bllllngton had old his entlra crop to Hugh Nelson at lO-a cents for export purpceen, and It was believed thla may have been or.e of the lots above referred to. Henry L. Bents, of Aurora. Is another export bnyer who may be operating quietly for the London market. It was aaid he bad secured options on two Sllverton lots, ag gregating ITU bales, at 2 cents. There Is very little business being done for Eastern account. Oscar TVeldner bought X bales from Nelson, at M'-Minnvllle. at 25H cents. There appears to be an efTort made by soma dealers In the East, who have evi dently sold short, to break the Pacific Coast market, but they are not likely to succeed. A large California operator Is also trying the same game with the old rejection dodge, but he Is finding It an up-hill process. Private cables yesterday reported the Lon don market firm, with an upward tendency and half the English crop sold. The As sociated Tress' London quotation on new Pacitlcj was Kntf l.V shillings per hundred weight, equal to '.Tfi 32.14 cents per pound there. , LOCAL WHEAT MARKET STEADY. x1rmnra in the Country Offsets Weaker Eastern and Foreign Advices. So far aa Eastern and foreign advlcea wera concerned, the wheat market wsa not In such god shape, yesterday aa at the cloae of last week, yat the oountry markets were atlll Arm and a good demand from California helped to hold prices up. Cargoes wera easier and fully 6d lower, the London rabie of the XJsrchama Exchange quoting TValla Walla for shipment at 39s to 3Sej 3d. December options at Liverpool closed Id lower than Saturday and March, wheat Si lower. Prices at Chicago wera off nearly a cent. ' There Is a difference of opinion among lo cal traders as to tha amount of wheat sold for Eastern shipment. While soma place tha total at close to 3.000,000 bushel, others are unable to account for over 1.000.000 bushel. Some of the Portland Br ma that were cred ited with being ln the business deny baying sold s bushel of wheat to go East. It la not doubted, bowever, that a considerable quan tity of wheat ha been sold to Eastern buy era by dealers at Spokane and other Interior point. Tha weekly wheat -statist of the Mer chants' Exchange follow: American !lbla supply P.uhe.s. Increase. October i i1 ;.o;.ot a.r.3.w October . ... ..4i.4IO.ox 4.M.1.000 October 21. 1i-T 42.B1 , .2.JO October 22 IP" 37.le.VO 04 V October 23. lie 27.a-7.npO ..W!.0"0 October 21. lie -4 24.eOS.t--0 1.230,000 October 1, 1W-1 .1KV" 1.4S7.i0 October 2 V"1 ..2T.S;.4.t 1.1-43.100 Octcber 21. lfl 39.3v3.nOO l.lC.wo October 22. liO OS.SIG.OOO 1,335,000 Quantities on passage Week end. Week end. Week end. Oct. 14. Oct. B. Oct. 17. OS. xor Bushels. Busbels. Bu!nel. V Kingdom. . . 12.7J-0 ll.M-).r-fl l.V6-o.in Continent 18.32s.000 1S.70O.0O0 14.4U0.ov0 Trtae 29.040.0iO 27.-XXOro S2.OXX00O World' shipment principal exporting coun tries (flour Included) Week end. Week end. Week end. Oct. 1. Oct. a. Oct. 17. -r-S. From Xluseis. Kuhel. Bushels. T- ft. and Can. 4,f"W.-XJO 4. l.'itl.tv 4.4SB.O0O Arsentlna 17il.no. i'..i l.Sst.fO Australia 13-i. 2-0.00O "-'R.OfO TanubUn Pt. 472. 4H6.oi.-i 1.MO.000 Russia 1.1O4.0-") Tna.t-) 2.S40.00O India 20.0OO 4O0.0V0 Totals ... ..13.110. o: 13.411.000 1O.8J4.0OO Local receipts were reported by the Mer chant" Bxchaaa-e: Wheat Barley Flour Oat Hay Monday l.v 21 1 14 IS Year ago US IS 4 2.1 Total last we-k ...47 lt-O 63 3 0 CAB OF TOKAY CRAPES RECEIVED. . Other Fruit in Light Supply and Dull ro tators are blow. A car of California Tokay grape was re ceived yesterday and they sold well at $l.lo 1.25. Local Concorda and other basket grapes wera in fair supply and moved at old price.. Other fruits were quiet. Four cars of banana arrived and will ba put on sal this morning. There was a fair supply of vegetable, in cluding small shipment of sprouts and arti choke. Northern California celery will move In car lots next week. A few sack of new California walnuts were received. The potato market continue a dull affair, so far as the shipping demand Is concerned. Buyer are offering cent In the coun ' Proline Potato Growing; in England. Consul Frank W. -tahln state that, accord ing to a Nottingham newspaper, an English iH'tato-grow lrg contest In lerbyshire ha re sulted la a yield of 229 pounds from 1 pound if seed, cut Inlo SO sets. There were 53 competitors. The second In rank raised pounuo from 1 pound. Tha avenge for the whole 63 compeiitur was 100. pounds. Last year. In the same locality, what wu called world' record" was estabiUhed when 2"4 pounds of potatoes came from a pound of seed 25 poun-ls less than this year's yield. The competition are held under the auspice of a garden association, whose object is to promote and improve tha production of vege table. a Bank Clearings. Hank clearings of the Northwestern cltlts yesterday were as follows: Ci"arings. Balances. Portlend tl.li:l2.444 IM.83 Scatt; 2..-.4l.;.t'4 L'ii7.0.- Taioma 1 1..1.447 r.!.4S6 Spokane 1. t:'.U.I'44 !5.0o7 .Kegs are- One Cent Higher. Tl"a continued evarcity if ranch eggs and tha Improved demand hae sent the market up another cent. 35 cent being quoted yester day on strictly free-h stock. There was not much poultry on hand, ine Inquiry was light and price were unchanged. Butt-r and cheese were firm at the old quo tations. PORTLAND MARKETS. Grain. Flour. Feed. F.te. irupiTjnrk nritpj: Bluesleiil. J!fil."2; club. l2--: red Kuasian. 9-c; Valley, 82c; Fife. lc: Turkey red. lc: 4"-roia. hoc. FLOCK Patents, 3 10 per barrel: straight. 14.33: clears. M 3.".: exports. 3.0; Valley. 4.00; graham. wnoio w ne-n. quart, rs. 1 4 90. BARLEY Feed. 26.5C27: brewing, -T-3 27 Tj tr ton. i,TS No 1 white. 2Sfl2R!H) per toa. .......i- M.m.-Ui t.lfi ner ton. I tilt . - . - -. - - - . MlIliTl"KF3 New crop bran. 56 per ton: middlings ::2; short. a7.50: rolled b".r.":-. ... vr,M. .11 IT oer t-n: Esstern Oregon, Jlft'tfl!: airsita. - grain hay. I144J15. IHilry and Country FTodura. BUTTER City creamerj. extras. 3: fancy outside creamer j, per pounn: store. 22'4i24c. (Butter fat prices averaka IVjo per pound under regular but ter prices ) ' Eci,;s Oregon. 34i3.c per dozen; Last arn. at-'c-lc pir doxen. POlbTKY Hn-.. 14fl4'c; Springs. Tic- roomers. HflllV: .lucks. l'tfl6Y; geese. lOc; turkeys. 16J 17c. squabs. l.u t? 2 per doxen. , a CHKESi. Full cream twirs. 17-41? 18c per pound: young Americas. lSV'Srllc PORK Fancy. 8c per pound. VEAL Extra, lom 11c per pound. Vegetable and Fruits. FRESH FRCITS Apples. 1.00jj2.00 per crate. 10l2Wc per basket: easaba. tl.i-lrl .V) per dozen; quinces. V' rle. JlwiH.Co per biirre;; huckleberries, loc per pund. PUTATOES Buying prices; Or-gorw i.0 V 6Sc l,er sack: sweet potatoes. 2c per l-Mn-1. TROPICAL fKllTS Valencia. 3.iu. i&..riul. choice. X.VuO: lemons, i.-i--. iuh-w.. - - grapefruit. ,3.i0j 4 per box : bananas. 5 it 'AO per pound: pom-granni--.. i .jrv - -j SACK VKHETAULES Turnips. i5cfl per rack: carrots. 1: beets. 1.25; ruta bagas. Jl 25 per sock. ONIONS New. S1.23 per sack. VKfjETXBLfclS Artichokes, hociel Por doxrn: alib:ige. l'.l'c per pound; cuull llower SfKiitl per dozen; celery, .rjy mc per dozen; corn. Sib 125 per sack; egg plant, fl 23 per box; garlic. lOc P-r poutul: horseradish. Ull per dozen: peppers Be per pound; pumpkins, llfec; ra-llsl-es. l."c per dozen: sprouts 8 u !c per pound; squash. lfrtflc; tomatoes. 50$ HOC. Groceries. Irrted Frnlts. Et. ERIEU FKUlf Apples. c per pound: Beaches. 7teac: prunes, Italians, &)4 9 c; prunes. French. 4tSc; currant, un washed, casea. Vmc; currants. washed, case. 10c; figs, white fancy, 60-lb. boxes, tS,c; dates, ISHic SALMON Columbia Klver, 1-pound tails, $2 per doxen: li-pound talis. S2.WI; 1-pound nals. S2.10V; Alaska pink. 1-pound talia. 0c; red, 1-pound tails, SL45; aocke?aa. 1-pound tails. 2. COFFEE Mocha. 24 e 28c: Java, ordinary. 17tf2uc; Ccsta Rica, fancy. 18020c; good, 16Ul.Sc; ordinary. 12H<ic per pound. NUTS Walnuts 14'(j lV- per pound: Brazil nuts.. 13 & 14c: tllberts. 16c; almonds. 16c; chestnuts, Italian. 11c; peanuta. raw. SSio; pliK:nuls, lviil-c; hickory nuts. 10c; cocoa nuts. SI. 10 per dozen. BEANS Small whlta. 7'4e; larg whits, tSkc; Lima, 5ic; bayou. 614e; red kldnay, 4Wc: pink. 4 V c SUGAR (Jranulated. J6.05: extra C. $6 55; golden C. 5.4a; fruit and berry augar, S0i; beet, 5.5; clibea (barreli. 6.60; powdered (barreO. 16.30. T-arms. on re mittances within IS days, tieduct 14c per pound: If later than 15 days and within SO days, deduct He per pound. Maple sugar. 15 18c per pound. SALT Granulated. 113 per ton. fl.Sd per bale; half ground. 100s, 7.50 psi ton; 60s, $3 per ton. HONEY Choice. 33 2."g8!iO t,er case. FLOUliEiOWEB SEATTLE JOBBERS AND RETAIL ERS HEAVILY STOCKED. But Millers Show No Disposition to Restore the Old Rates Wheat Is Less Active. . SEATTLE. Wash.. Oct. IS. (Special.) Wheat was not as firm hera today, dua to a subsidence of the demand from Cali fornia and from the milling trade and $1.0J waa the top quotation on No. 1 milling bluestem. with sales also made at 11.02. No true has been 'reached In the flour war. Th-e demand for flour la not aa brisk, aa most Jobbers and retailers are now heavily stocked. Oats are steady. Hay receipts were heavy, owing to shipments now arriving on Gov ernment contract. . With i50O packages of grapes In today, the market waa weak. Concords sold oft to 10 cents. Thera seams to ba no bottom to the po tato market. Taklmas have dropped to 1. Ranchers are now burying stock In the White River Valley, rather, than ship at going prices. Eggs wra scarce at 46 cents. More or ders for turkeys were placed In Oregon today for arrival the last of the week. Hens and springs were In light supply and cleaned up. QUOTATIONS AT SAN FRANCISCO. Price Paid for Produce in the Bnj City . x- rmvcism Oct. 1. The follow ing prices wera quoted in tha produce mar- 've'geVab'les Cucumbers. 40 63c: atrlng beans 4ijc; tomatoes. 23(i.ic; garlic. 4 5c; green peas. 3fe6c; egjjplant. 407sc; kMi'llsiurfsBran. 128 BOS Jo; middling S30 3o if 37.50. Butter Fancv creamery, 34c; creamery seconds, smc; fancy dairy, 27 He. Poultry Roosters, old. 14 a 5; young. IC 50a ; brolk.-rs. small. St150: large, 44 3; fryers. 3-; hens, tOfclo; duck, old. $43; young. 16C8. Ecu Store. 47c; lanry ranch. 5.HC 1-I,eese New. lOCltK:; young Americas. ""Say Wheat. $ir21e: wheat and oats. tl417: alfalfa. TSitfK: stock, 7j 10; bar ley X10fel2: straw, per bale. 30'u-Oc Fruits Apples, choice i1.? i';20J c.0J!k" mon 4f7.'.c; bananai-. 7.-cj$3: limes. o 8.50; lemons, choice. $3.30&4. common, yiit 3; pineapples. J2.23 jj 3 Hops 1SH25C per pound. Wool pouth Plains and San Joaquin. 8$ 10c: Spring Humboldt and Mendocino. 13 wise , , Potatoes Oregon Burbanks. $1.00 1.10, Salinas Burbanks. fl.2a4il.4v; sweets. fl.2a tj 150. Receipts Flour, 447S quarter sacks; wheat. 70 centals; barley, 675 centals: oats. 112". centals; beans. 11,131 sacks; corn, J10 centals; potatoes, 241-2 sacksi bran. 1-1-4 sacks; middlings. TV sacks; hay. 121-4 tons; wool, litis bales; hides. S.25. Dried Fruits at New York. NEW YORK. Oct. 18. Evaporated apples, steadv; prime fruit for November deliv ery, tic: fanry. l-nitjllc: choice, 0y'jc; common to lair, OSWS'uC. Spot prunes, scarce and firm: California, 2li-u7c; Oregon, Oto Wc. Apritots. Arm. choice. llOH'ic: extra choice, lliiftimc: fancy. 12jl2Vic. Peaches, strong: choice. SVi'TiVic; extra choice 0?it0c; fancy. 04rl)c. Kntsins ore unchanged; loose muscatel. 3 tjf4Sc: choice to fancy seeded, 4etiltf; seorllcss. S'iSSic; London layers. 51201) I.2.-.C. Coffee and Sugar. NEW YORK. Oct. IK Coffee futures closed steady, net unchanged to flvo points higher. Saks. 24.7."-0 bas. Including Oc toter. e.lHic; November. o0."c: Decvmber, Aloe; March. 6.25c: May. .20f0 30c: July. 0 33c; September. O-ooa 0.4oc. Spot, steady; No. 7 Rio. SSc nominal; No. 4 Santos, 8 &Nc. Mild, quiet: Cordova ti;llc. i;:Ilrnr Raw. .steady; fair iTtlnlng. 3.77c; centrifugal itl test, 4.27c, molasses auirar, 3.32c. Refined, sle-juv; crushfil. i. 8jc; pow dered. S.'jr-c; granulated, o. 13c. New York Cotton Market. NEW YORK, Oct. IS. Cotton futures closed barely steady. October, 13.57c; No vember, l3.iSc; December, 13.(J4c; January, lit. 71c; February. 13.73c: March and April, 130c; May. 13 84c: Julie, 13.7Sc; July. Hi. 77c: August. 13.44c; September. 12.37c. Spot cotton closed quiet; mid-uplands, IS. Me; mid-gulf. 14.20C; sales. 7100 bales. Flax Seed at Minneapolis. MINNEAPOLIS, Oct. 18. Flax, 1.67i. CHANGES ARE WIDE Frequent Fluctuations in the Stock fvjarket. . BUT NET RESULTS SMALL Operations in Hawley Securities Are a Feature of the Trading, but the General List Does Xot Respond. vpiv vom.' n.-- 1 k The freouent fluc tuations In the price of stocks today gave the marRet-an appearance or gn-ai iocguii lty and feverishness. The high opening price nt ih inflow at outside buvlD orders which accompanied them afforded an Inviting oppor tunity to sell stocks arm ini was urn u- vantage of. r-t, ,-.,- 11.- , ,A..w nr the rfttv the mar ket underwent many vicissitude. The con spicuous place taken by the stocks associated with the as me of Hawley and the compara tive irresponslvene or tne general ni 10 these movements was one ground of suspicion which caused free selling of the general list. T1 . ,wA UlMn-pl Kaiujs & Texas deal last week wa the ostensible ground for the concentrated movement In the Hawley group and the attention u an.ra.cieu n An,n,a.i.i hv iha sunnosttton that o Dera tions in the Interborouah Metropolitan stocks aero from the same eotirce. The profeealonal element deduced an infer- ' . I .rnti..r. In the loan crowd. In which United State Steel figured as collateral, mat mere nm un-- ...... liquidation going on In that security which 1. traA mi.hi nmm from Informed In side sources. Hence the free selling of that stock which followed and wnlcn causca a ue cllne of almost 3 points. This movement carried with It t'alon Pacific. Reading, St. Paul and tha etocka which have been most affected In sympathy with tha prolonged risa in United State Steel. Tha securities connected with the copper Industry were a strong factor In the early market. Tnls strength w accompanied by i , v. . . 1 . Af the metal In London and by a rumor from Paris of the projected forma tion of a syndicate ot American vujiim eets which would exercise a closer control ot the production and price of that metal. A later reaction In the London copper market and report from the domestic trade of de clining consumptive demaads. In faca of tha record rate of production, left those securities vulnerable to the reactionary Tendency of the whole market. The tone of the money market waa easier, following the strong bank statement of Sat urday. Money loaned on call at below 4 per cent for the first time In two week. Foreign exchange rates were atrong. Considering the wide price fluctuation dur ing the day, final .changes In stock are sur prisingly small. Bonds were Irregular. Total sale, par value. f3.513,0O0. United State bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Closinr Sales. High. I.ow. Bid AIIls Chalmers pf' 2.20O Wis 62 . j-JJ4 Amal Copper .... 77,loo M .IJ Am Agricultural .. 4oo 4ii, 46 s 48 Am Bet Hugar .. W 4 4iMi 4. 4 Am Can pf 2u0 k2 bl "J. Am Car ec Foun. S,4ts 1., Khi Am Cotton Oil .. 7,500 --in Am Hd & Lt pf.. .00 4-V Am lie Securl fJ Am I.inseed Oil .. 3K) 1-H 1- 1 Am Locomotive .. t4 0o W bo Am Smelt A Ref. 20.200 !. 1H do preferred ... i-.-O 112- 112 11; Am sugar. Ref... 8oo I80J, IJt'Hi W Am Tel & Tel.... 1,300 142V, 141. 142 Am Tobacco pf .. JoO HjoV. Am Woolen 3 3. M iSf M:n..Co: i?;J S Att0 iC'.::: ?; Bait & Ohio 1,100 117 110H 110 do preferred "J Bethlehem Sleel S Brook Rap Trart.. 7.6-'0 78 .84 Canadian Paclnc Central Leather .. 17.1XO 4 47k 4b do preferred i,? Central of N J sl ', Che & Ohio .... 29.600 4 Chicago Alton .. 4.600 70)s tW 1 t.j4 SS Vw!:- 4:300 i" 1 C, M St Paul.. 22,3.10 lolV. l-9 W lo-) C. C. C i St L... . 77 .1 .... Colo Fuel & Iron. MK) 4S 43 44 Colo Southern .. 2--0 53 W o-ia do 1st I-ref. rre-I y do 2.1 preferred ;-.:: .11; Consolidated Gas.. 70O 144 142 J, 14.1 Corn Products ... l."0 22 Vt - Del & Hudson 0 If" (4 ISi IWl DR Grande... .-.) 41.-, 48J- . do preferred ... 7-0 Ktl JVt Distillers' Securl .. 2-) 3H li Krlo 8.7X 33 34'i 34-Si 'do 1st preferred. 8.80O 401, 40 do 2d preferred General Electrlo .6.-0 ltM 104 1041 Northern ptT. 3.3.KI 1W4 14H lt Gt Northern Ore 4. 2,2-0 M , . ,?o Iilii. in.r.l . 4",0 131 '.4 l.l0'. 150 Interborourn Met.. 60.400 18-, 1H JSJ4 do preferrea ... 00, i.-v 1 Inter Harvester ..... ' lnter-Marioe pf . . 700 23, 23 23H Int Paper l'J4 "centraV:::: -7o0 "jo" 30 K C Southern ... 1,800 !4 do preferred ... 2"0 71 U .1 I.ouliile Nash J .000 1V' 1M Minn & St 'Louis. 1.4--0 30 5314 64", M St&SSM. 1.1"-' 141'4 138 IJWi Missouri Pacific .. I.80O !'j J tli Mo. Kan & Texa 88,C) Boo 4U-j, do preferred ... l.MO .8'.i ;7Va 'M Xattonal Biscuit .. 2 H National Lead ... 1,4W S(-i 8S 88 J, TKl.ffwW 137; iiiii 13 X Y. Ont A West. tX-0 48' 4,' 4. Norfolk WW... 1.400 lli Mi 8fl North American .. 'K 7!U 7"i -fl Northern Pacific .. 3.400 152 151?d 152 pacific Mall 3-4 Pennsylvania U.XX 14R4 47t4 147 Peopla-s Gas 1.000 115 116V4 IIjH P. C C ft St I -'lr Pressed Steel Car. 1.300 49 48 48V Ry Pteel Spring.. 90 471 47 4. Hearting .......... 93.800 M5H 162'a 163i Republic Steel ... 2.100 47 4B 4 do preferred ... 3o0 lWr, 105S 10o- Rock Inland Co.. 23.100 41 39 4(1 do preferred ... 6.B-1O Ttl 78H . St L & S F 2 pf. 1.0'X) 58 5 581J St L Southwestern 2.900 St 30 30-4 do preferred Southern Pacific'!! iV.ioo isoTd 128T 129i, Southern Railway. 5.2-0 31V, 30'-i 31 . .... .. uii T UtilA U(i preierreu ... w Tenn Copper 5 Texas A Pacific. 3.20 3li5, S.ii ob Tol. St L & West. 2.900 64 52'n 53 do preferred ... 2.700 71 09 .0 Union Pacific 103.40H 20614 2"34 204 H do preferred ... 5.-0 104 1 03 . 104 V S Realty S.O M 83 82 Vi V S Rubber 60O 49 49 49 U S Steel 259.110 93 90 U 91V4 do preferred ... 2.800 128 127 12RH I'tah Copper .... 8.-0 481, 48 . 48 Va-Caro Chemical. 700 47', 47t 4B Wabash 2.3l 20 '4, 1U 19v d.. preferred ... 1.700 50 49 49's Western Ml 2."-, WMInihoiOT Blec 5O0 86H 884 84 Weetern Union 400 78 774 77 '4 Wheel L Erie 9 Wisconsin Central. 100 52'4, 5214 52 Total sales for the day. '1,051,100 hare. BONDS. NEW YORK. Oct. IS. Closing quotations: U. S. ref. 2s reg.100iN Y C G 8s.. fll'4 do coupon 100 North Pacific 3s. 72 TJ s 3s reg IOI !- North Pacific 4s.l024 do coupon. .. .101 'ilUnlon Pacific 4s. 102 TJ s new 4a reg.HO'-j Viscon Cent 4s. 94 54 do coupon. .. . 1 1 7 Mi I Japanese 4s 86 D & R G 3Vt. 81 HI Money. Exchange, Etc. NEW YORK, Oct. 18. Prime mercantile paper, 5ir5i Pr cent. Sterling exchange strong with actual busi ness in hankers' bills at f4.S34 8310 for e-dav bills and at t4.8R4K for demand. Commercial bills, f 4. 824.82"4. Far silver, 50 c. Mexican dollars. 43c. Government bonds, steady; railroad bonds. Irregular. . , .. nn nail A-m IS.'. OtlAlt nAI rlllt' 1111- Ing rate, 4 per cent; closing bid, 8 per cent: offered at 3 per cent. CTi 1 .. .. n I - . . AO l.i , A Al Tier 1 iiue n'oi.i . ...... , . ub j , w , 4 Per cent. LONDON. Oct. 18. Bar silver. 23Hd per ounce. Monev. 2Ufi2 per cent. ' The rate or discount in the open market for short bills is 3 per cent; for three months' bills. 3T4 per cent. . . . n . .--TE-r-'". n.i ifi .merlins, on a. r -i ' 1 - v ' ' r . . . ' ' " London. 00 days. f4.83i: sight, fi.86. MlVSr Darn, .io's Mexican dollars. 43c. Draft, sight, 2S4c telegraph. 5c. BERLIN, Oct. IS. Exchange on London, 20 marks 44 pfennings for checks. Money, 4 per cent. Private discount; 3 per cent. Stocks at London. LONDON. Oct. 18. Consols for money, K2 9-1I1: do for account, S2 11-lti. a ma t foTioer... Ms Mo K & T .-o -i 9 93 49 , 7.-. 9 sr- 32 71 l.'M'.i 211 1.18 94 132 19'? . 51 95 Anaconda 1 N. Y Central. Atchison latilAonum vei. do pf 107 I do pf Bait at Ohio !20!Ont & Western. Can Pacific 191 H ; Pennsylvania .. I'hea Ohio 92 Rand Mines thl Grt West... 14'Reading I'. M. S. P l.V-H ;Southern Ry... De Bers 19 do pr I r G 49'South Pacific... do pf 88 (Union Pacific. Erie :'." do pf.. do 1st pf SO U. S. Steel do 2d pf 42 do pr Grand Trunk... 22 Wabash 111 Central J o I ao pr L & N 3S'4Spanish 4s Dally Treamnry Statement. WASHINGTON, Oct. 18. The Condition of the Treasury at the beginning of business today was as follows: GoTdcoln""0 t872.7,0.869 SiMver SoWr... 4S!'"'S Stiver lollars-bf 1SS0 4 CM -") Silver certiHcates outstanding.... 486.I-S3.000 General fund Standard silver dollars In gen- . eral fund ,?'2?:'"? Current liabilities 10o,,3..S07 Working balance in treasury oi- .... flees :7,927.12 In banks to the credit of th Treasurer of the United States 3.lJo.S0B Subsidiary silver coin ia.423.43S Minor coin li'x H Total balance In general fund... 90,039, 76S WHEAT PRICES BREAK AIX MARKETS AFFECTED BY BIG YORLDS SHIPMENTS. Every Attempt Made by the Chicago Bulls to Iiift Values Meets With Failure. CHICAGO. Oct. IS. Wheat prices suc cumbed today to the colossal world's ship ments. Bullish speculators crowded the market up, advancing December am May ? c, but wre not able to hold lt at the top. the near month dropping to '4o below and the more distant futures falling c under Saturday's close.. The bearish sen timent which counteracted a temporary ad vance was largely due to tha. spectacular world's shipments, which broke the record at 15,104.000 bushels compared with 11,712, 000 bushels a year ao. Lower foreign cables reflected the Immense movement and heavy domestic receipts In both the North west and Southwest added their quota to the bearish trend. Most of tha bullish work was In May, with occasional excursions Into December, which, however, closed at the low point of the dav Light receipts, large cash sales and scarcity of old 'corn offerings gave an up ward trend to corn, December closing c higher than Saturday. Oats responded to conditions in the corn pit. December closed firm at an advance of c with more distant futures unchanged. Lower prices of rive hogs governed the provisions market. Closing prices for Jan uary products ranged from 7 'Ac lower for pork to 5c lower for lard and ribs. WHEAT. Open. High. I.ow. Close Dee 1.0.i 1.064 $1.05 1.0o May l-0 1.07 1.05 1.0b July 99 .99-4 -99 -99V4 CORN. Oct SO .60 .60 .60 .5S .r.9 Ieo a" " ... in, .6lT4 .611 .lil July'.'. - so'4 -60 OATS. , Dec 39 .40 .39 MESS PORK. Oct" :3:S Jan'. 18.30 18.40 18.30 18.30 LARD. r,. f-.is lz.'.-o n.u Nov! It. 75 11. SO 11.75 Jan 10.90 10.97 l"-0 11.75 10.92 SHORT RIBS. - 0c, 1115 Jon.'.'.'.'.'. .67 9.67 6Z4 9.62 Total clearances of wheat and flour were equal to 241.000 bushels. Primary receipt were 3 302.000 bushels, compared with 1,.... 000 bushels the corresponding day a year ago. The visible supply of wheat In the United States decreased 2.55S.000 bushels for the week. The amount of breadstuff on ocean passage decreased. 600.000 bushels Es timated receipts for tomorrow: Wheat, cars: corn. 225 cars; oats,. 269 cars; hogs, 12.000 l-3.o Receipt,. Shipments. Flour, barrels 2..10U ivht bushels 21-7.600 -Il.SOO Corn, bushels Oats, bushels 2S X 337,000 119.430 yarier'b'ushels!:!:::!!l!700 11.260; Grain and Produce at w York. NEW YORK. Oct. 18. Flour Receipts. 37-78 barrels. Exports. 21.134 barrels; mar ket firm with a moderate trade. Minnesota patents. 5 30 K 5.60.': Winter straights B 20 5 4KC- Minnesota bakers. 4.0O4t 4 l8"c ; ir.ter extras. 4.4O4.-J0c; Winter patents s.i.ofi) 5 75c: Winter low grades, 4.30S4. 80c; Kan sas straights. 4.U.".& 3 i When Receipts. 333.3O0 bushels; exports. T"7 31S bushels; spot market essy. No. 2 rod. SI "2. nominal domestic elevotor and nom inal f. o. b. afloat; No. 1 Northern Duluth. 1.15. nominal f. o. b afloat; No. 2 hard Winter fl.22. nominal f o. b. afloat. In re-pons-! to bearish statistics and weak ca bles wheat had a lower opening today, but recovered on strong commission-house buy ing of May and the Jump in corn. Later the market fell oft again on the visible sup ply Increase and a poor export demand, clos ing jic net lower. December closed 1.12; May 1.12. Hops and petroleum Steady. Hides and wool Firm. Grain at San Franeisco. SAN FRANCISCO, Oct. IS Wheat and barley Arm. Spot quotations: Wheat Shipping, f 1.72 1.80; milling. J Barley Feed, 11.4091.42; brewing, ,lOa'ts Red. 1.65 l.i-V white, $1.57 12: black. 2.402.75 asked. Call-board sales: Wheat No trading. Barley May, fl.47 bid. $1.4S asked. Corn Large yellow, f 1.706 1.75. European Grain Market.. LONDON, Oct. JS. Cargoes, easier, Walla Walla for shipment. 39s to 39s 3d. F.ngilsh country markets, 6d to is dearer. French country markets, quiet. LIVERPOOL; Oct. 18. Wheat December. 7s Bd; March. 7s 8d; May, 7s 7d. Weather, cloudy. Visible Supply of Grain. NEW YORK. Oct. 18. The visible supply of groin In the "United States Saturday. Oc tober 10. as compiled by the New York Pro duce Exchange, was as follows: Bushls. Increase. forn - 3.24:1, 578 POO Outs " 13 380.90O 70.000 n" ..; 6117. 00O 54.000 Barley"! 3.977,000 370,000 Grain Markets of the Northwest. LEW1STON. Idaho, Oct. 18. (Special.) Wheat Bluestem, 82c; 40-fold, 77c; club, 75c; Turkey red, 75c; red .Russian, 73c. Oats $1.05. Barley Feed, ft. TACOMA. Oct. 18 Wheat Bluestem. fl.OB; club. 94c; red Russian. 92. SEATTLE, Oct. 18. No milling quota tions. Wheat Export, bluestem, 9Sc; club, 89c; Russian, 87c. Receipts Wheat, 23 cars; oats. 4 cars; barley, 4 cars. Wool at St. Louis. ST. LOUIS. Oct. 18. Wool Firmer: terri tory and Western mediums. 24(c29c: line mediums, 23g2c; fine. 14 20c. Hops at London. t LIVERPOOL. Oct. 18. Hops in London, Pacific Coast, 6 GsSf7 10s. STEERSATPRE Fancy Lot Moves at Stock yards at $4.75. TOP PRICE OF. SEASON Brought In by Kidwell & tonergitn, or Baker City Hogs Again at 8 -Cent Mark Monthly Stock Report. Kidwell 4 Lonergan. shippers of Baker City, deserve the credit for shipping In the best lot Of steers seen here in a long time and have the added satisfaction of receiv ing the highest price paid for that class of stock in many months. Forty-four steers that they brought In, averaging 1410 pounds In weight, were sold at the stockyards yes terday at f4.7.V The cattle market all around showed more strength than usual, cows selling up to $3.50. The arrival were heavier than they have been recently, the quality was better than the average and the demand for the best stock was strong. A- lot of. 148 fancy hogs was moved at 18. the first that have sold at that price for some time past. Sheep held their own with no change in the general range of quotations: The receipts over Sunday were 617 cat tle, 6 calves; 231 hogs and 20 horses. Shippers at the yards yesterday Included B. Clabourne, of Hansen, Idaho, with one car of hogs; Kidwell & Lonergan, of Baker City, nine cars of cattle; J. H. Thlrman. of Shanlko. 11 cars o cattle; Umatilla Ranch Company, of Echor two cars of cattle; W. H. Harris, of The Dalles, one car of cattle: William Kurtx. of The Dalles, two cars ot hogs; B. A. McCause, of Pomeroy, Wash., one car of horses, and J. J. McCause, of the same place with a car ot horses. The day s sales were: Av.Lbs. Price. 227 J8.00 12tl 3.S". 1410 4.73 1030 3.30 into 2.00 r,n 3.00 10HH 3.2.1 .... S7.-i 3.50 14S hogs 57 sheep 44 steer 12 cows 1 cow . 8 cows 0 cows 2 cows . 10 hogs : !.-. 7.00 Prices oiiote'd ' at' ' tlie" "yards yesterday were as follows: CATTLE Steers, top quality, $4-0 4 73- fair to good. fJlM.iS: common. $3.50W cows. top. f3.23-S3.50; lair t? rood. S5i3.10; common to medium. $2.oO i.T-. calves, top. $3 ra 5.23 ; heavy. $3.504; bulls, $26 2.2.1; stags, $2.503.60. HOGS 'Bent, 8; fair to good. V-09 7 75- Mockers. $C,(tt7; China fats. 7.50&S. SHEEP Top wethers, 4.25; fair to good. $3 756 4; ewes. 1. cent less on all gradea: vearllngs. brst. $44114.25; fair to good, f.J.oO (83.73; Spring lambs, f.ilgj.oO. Lively Monthly Report. General Agent D. O. Lively, of the Port land Union Stockyards, has Issued a re port, on the first month's operations at the new yards lt follows: The Portland Union Stockyards have been fn business a month today. business has grown and shippers realize that they now have a market for all the caule. sheep and hogs thTy ,,-nn produce. There are n ne commission' Arms doing business at the acat'tle Receipts for the 30 days were 562T he:vd. The market has shown tone ana strength throughout, with the demand for toppv fatted cattle active and snappy. Thin stuff" has fcund ready sale but shippers will be making money for themselves it thej will flr.lsS their cattle better The market for gocd steers in around $4.40. 1-air to good $4 00 to $4.2.--: medium or feeders, $3 to $3.50; strictly good cows. $3.60; medium and common. Irom 2.50 to 3 00; bulls, from $ 00 to $2.00. There is a strong demand for lbrht calves weighing under 200 pounds, with a ready sale at $5.00 to $5.50. Medium. 4'sh6ep-iRec'eipts for the 30 days were 15 839 head. Market, steady and active. There has been some business done In feeder sheep and there is a good chance for money making in this line. Fat sheep and lambs, are Bcarce and In high demand. Quotations at this time are: Hest ewes. 4 to $4.-.-, fair to good, from $3 50 to $3.7..; wethers, t.4.25 to $4.50; fair to good, $3.. a to 4; lambs, from $3 to S.50. ... ,, Hgs The feature o the market has been hoes.' The receipts for the 30 days were 8554 head. Four times that many were wanted. In the last two weeks Sound pack ers bought 40 loads on this market and the rest went to local buyers. Competition has been strong. There Is a big chance for & hog stocker and feed business. This market must have more fat hogs and the farmer who do-s not contribute to that demand is over looking good money. Prices have ranged aroung $8 for tops. Thin hogs have sold as low as $3. Eastern markets are showing a lower tendency. SELL MANY CATTLE AND SHEEP. Owing; to Poor Range Prospects Growers Will Thin Out Their lruve. WALLA WALLA. WaSh.. Oct. 18. (Spe cial ) Indications are that the local live stock market will be flooded with cattle and sheep within the next few weeks, ac cording to reports brought from the winter range, which are to the effect that owing to the poor Winter range which is prom ised this year, hay will have to be fed during the most severe weather. As hay is sefling for a higher price than ever be fore in the history of this section, many otockraleers will thin out their sheep arftl cattle. , Stockraisers say the Summer range could not have been better and that all stock Is in first-class condition. The grass In tha mountains was unusually good this year. The limitations placed upefn the number ot animals allowed to graze on the National reserves by the Forest Service prevented the range being eaten off. Reports brought to this city are that very little rain has fallen on the lowlands and foothills, where the stock Is now being driven for the winter. Eastern Livestock Market. CHICAGO, Oct. 18. Cattle Receipts, es timated at 13.000; market. 5c lower. Beeves, 46 8.70; Texas steers, $43; Western steers, $4 "5Sf 7 40- stockers and feeders, f 3.109 5.20; cows and heifers, $23.U0; calves, 17(1 " Hogs Receipts, estimated at 28.000: mnr ket. slow. Light. $7i7..".; mixed. $7.25iyi 1.80- heavv, 7.137.S5; rough. $7.15 J. 7.3j ; good to choice heavy. $7.35(q.7.S5; pigs, Ij W (0 7; bulk of sales, $7.40C7.73. Sheep rieceipis, fsuniaieu in ket. weak to 10c lower. Native, $2.4040 470- Western, $2.U04.73: yearlings. $4.40o 5..'!5: lambs, native, $4.25167.10; Western, $123&7.10. KANSAS CITY. Mo.. Oct. 18. Cattle Re ceipts K3.00O; market, IOC lower. Native ticers. $4.2.(,8.&0; native cows and heifers, $2So03.25; stockers and feeders. $:).2."i(tf 6 50; bulls, $2,7544; calves. $3.504i8: West ern steers, 3.73(S:o.50; Western cows, f2.u Hi 4.23. Hogs Receipts, 10.000: market. 101S1..0 loner. Hulk of sales. $7.20(S'7.50; heavy. $7.23 7 00; packers and butchers, $7.25tl 75.-: lignt. $7W7.45; pii;s, $58.30. Sheep Receipts. 15.0OO: market, loc low er. Muttons. $404.75: lambs, $3.S0-S17; range wethers and yearlings, fl(&i5.2.; range ewes, 3 0 4.25. 0MAHA. Oct. IS. Cattle Receipt. 9300; market, steady. Native. $4.7."!j8; cow and heirers. f.Vno; Western steers. $3.50WS.25: can neris, $2,054(3.25; stockers and feeders. $2. ..--9 5.25; calves. $3.75&6.75; bulls, stags, etc., '"HogsRecelpt. 2500, market 10c lower. Heavy. $7.87 V:6 7.45: mixed, $7.35.37.40: light, $7.2387.40; pigs, $ti.50gi; bulk of eulea, $..35 Sheep Receipts, 29.000: market steady to lower. Yearlings. $4.70(65.30; wethers. $3.90B 6.50; ewes. $3.754.25; lambs, $o.25&.SO. Metal Market. NEW YORK. Oct. IS The mi-ket for standard copper on the New lork Metal Exchange was dull today, with no sales reported. All positions closed at ll.-A 31 12.00c. The London mark.it 'was easy; sr.ot, 57 15s; futures. 53 15s Sties there in cluded 700 tons spot and 1400 tons futures. Locally, lake copper was quoted at 1.4.00i 13.25c: electrolytic. 12 00 to 12.8uC : casting. Tln was "firm but quiet; spot or.d October, .10.37 fi 30.73c; November 30 4u :.0.6. ;4c: December and January. 30.7..(fj) .0 S.ic 1 ha London market was easy: spot. !. .9 bd; futures, 140 13s. Lead T.as quiet, but a shade higher; spo,, 4S-4.30 New York and 4 25 U 4 30 East St. 'Louis. The London market was a shade lower at 13 5s. , , , Spelter was unchanged at 23 5 In Lon don. Locally it was firm aad higher; spot. lumbermens National Bank CORNER FIFTH AND STARK STREETS TRANSACTS BANKING HIGH-GRADE MUNICIPAL AND. IMPROVEMENT BONDS Weliafe several good issues on hand. Buy direct, from contractor and save broker's commission, j WARREN CONSTRUCTION COMPANY 317 Beck Building, Portland, Or. LANE) Made in any amounts for long periods s t TT: A. ss yr.4.-A Timber Lands. Releases of timber Irom the mortgage e any time may be arranged to - suit , the needs of the borrower. LYON, GARY & COMPANY 408 Marquette Building CHICAGO, ILLINOIS Downing-Hopkins Co. ESTABLISHED 1803. BROKERS STOCKS BONDS GRAIN BoDKBt and sold for cash and on tuarKla. PIUVATK WIRES Rooms 201 to 204, 6 10ff6.23c New York, and 8.10 bid East ! LfOuis. Eastern Mining Mtorks. ItOSTOX, Oct. 18. Closing quolations: Alloue AmalaRametd Ariz Com Atlantic Butte Coal. . . C'al & Ariz. . . Cal & Hecla. Centennial . . Copper Range lialy West... Franklin .... cranbv r.8 I.Mont C & C 20 bi 14 Nevaia 44 ;U Old Dominion.. I0',j!osceola UGHjt'arrot 'JS Qulncy ........ ,.".5 'Shannon 3! (Tamarack '.liiT . su . 1.-1 . 11 . H1 . 55'.. . MTV . 4:1 . 1 l. SO jTrtnlty V.'t;nltfil vopper. lli'iir. S. Mining.. l).i 1. s. JU.... Greene Cananea. lO'tUtah Isle Rovale 24 S Victoria ... Mass Mining i Winona ... Michigan 11 14 Wolverine . Mohawk 5U North Butte NEW YORK, Oct. Is. Closing; quotations: Alice 175 ll,eadvine jon Brunswick Con. 5 Com Tun stock. 2 do bonds 2'1 C C & Va 17" Horn Silver 70 Iron Silver 105 'Little Chief... Mexican (lntarlo Ophir .175 .200 .170 Istaniiard 50 yellow Jacket... 145, Dairy Produce in ihe Kast. NEW YORK. Oct. 18. Butter Firmer; creamery specials. Ill M (fr :tlic ; thirds to ex tras, 2tl31c; process, S;te$27toc: Western factory, 2JV4S25c; imitation creamery, 20 to li"c. , , Cheese Firm; state full cream speclnla. 12U'3'l"e; fancy, 10c; common to good, 124 ri."'c; .iklms full to specials. 6ftl4c. EgBs Firm; Western extra firsts, 20V4 27 Vi--; firsts, 255?2Gc; seconds, 2:iV4'924c. CHICAGO. ' Oct. IS. Butter Steady. Creameries. "20 ft Mr; dairies. 2:iS2Sc. ifgs Steady. Receipts, 55.(0. At mark, rases included, 18c; first, 2Jc; prime firsts, 2'cheese Very ' firm. Daisies, 15j1ic; twins, 15 4! 10c; Young America, lCtolSc; long horns, 10 jilo1;". TRAVELERS' GUIDE. To Madeira. Spain, Mediterranean, orient. Costing only oo and op, Iarludlnc all exponses, for 7 3 dart. ' Cruise Sept, White Star Lins, Seattle or Agents COOS BAY LINE The steamer T.REAKWATER leaves Port land every Wednesday, P. M., from Aln worth dock, for rth Bend. Marantic d and Coos Bay points. Freight received until 4 t-. M. on day of sailing. Passenger fare, first class, 10; second-class. Including berth and meals. Inquire city ticket office. Third and Washington street, or Alnsworth do:. Phone Main 263. Far A.nn'nlilU MttlrT Slid fjjan. 20, 1910 w A xx . .... . r TTfl )a. THE CUNARD STEAMSHIP CO., Ui. Kew Tor. Boston, Chicago, Minneapolis. Philsdelphis. St. Louts, r i.- ..w. rArnntAinl Unntr'sl.nr 1m1 Air-DU. i A GENERAL BUSINESS LOANS Couch Building - TRAVELERS' GUIDE. ftamburg-Jtmerican. All Modern Safety Devices (Wireless, ata). London Paris liumtmrg, tMncin tl(new)Oct. 30ltKals. A. V.. Nov. 20 liluc'.ier Nov. . 3 Pennsylvania. Nov. 27 tAmerlktt Nov. Oj'Waldersee. ... .Dee. 4 P. orununew) Nov. 17NVmerika Dec. H- tRlts Carlton a la Carte Restaurant. Hamburg direct. fT" A V 1 Gibraltar. Naples A X .ca.xj X amiOcjiou. calu Azores B. S. MOLTK1S. 'Oct. 21. Dec S. S. HAMBURG. Nov. 18. Jan. Tourist Dept. for Trips Everywhere. Hamburg-American IJne. 1H0 Powell St., bun Pruuclsco, and Local Agents, X'ortland. llPIKI.YONLYK-S tZTLlZZ1" 4iicua ftoout Uli. trip hi true S. ti. Mripa: "I want ao to tell you that thla Uip u up to, not belter than, any ship 1 havo aver known, and othr paesengera aJd tha same. 1 think it It wura widely known tlxat auch a good uhlp were on tha line tha company would have more passengers than they could carry." TAHITI and return, $125, flrat class; WEL MNOIO.V, N. Z., and return. SOL11I bKA 1LVN1)S (nil of them), threa months tour, $iou itook now for jalllngs ot Sept. 11, Oct. 17 and Nov. 22. Line to llnuuii, $110 round trip. Ballings every 21 daya. (KEAMC 8. 8. CO., 7J Market street, San Francisco. A NEW WORLD CRUISE TO SOUTH AMERICA Visiting all Cae loterestiac countries 1st trip cf Its kind eTer undertaken. Leaves Jm York, Jan. 3?, into BV S. S. ltl.l lit HKIl (12. COO tons.) 81 Days' Unration. Cost .lr( o Side trips csa be arraaffed at all sorts. Also cruines to the West Indies sod Orient. HAMUl'RG-AMIORICA LINK. iy PUWKI.L, ST.. SAN FRA.Nl'IHCO. NORTH PACIFIC S. S. CO. For Eureka, San Francisco and Loj Angeles direct. The steamships Roa noke and Elder sail every Tuesday at 3 P. M. Ticket office i:)2 Third, near Alder. Phones M. 1314 and A 1314. H. YOUNG. Agent. SAPi KRAJT. PORTLAND S. S. CO. From Ainsworth Pock, Portland. 4 P. M. h.S. Roo City. Oct. Nov. li. S.S. KiinsuH Cily. i't. 21. Ncv. Ii. From Pier JO, Kiin PiHiicisco. U A. M. Kunsas I'lty. Oct. I".. Nov. fl. S.S. Itose City. Oct. .10, Nov. 1:1. M. J. KOCHK. C. T. A.. 112 3i St. J. W. Runsom, Dock Aitent, Ainsworth Dock. Main 0-: A nil?. Phones Mwln 218: A 1 L Offers the unsurpassed in Luxurious and Comfortable Ocean Travel Par s-a rrTsfat 70 000 Inll itrlTnell "CARMAN 1A wovemoer o rrtxweoiai aa nr m raws r A nnNf A lVov.27. Jan. 8. Feb. 1 9 r l- rr: CARMANIA" Jan. 22, Mar. Largest triple-icw turbine ia the Wafld ,J" i tttlTVatiOnt SPJ! . . x : w