Morning Oregonian. (Portland, Or.) 1861-1937, October 30, 1909, Page 17, Image 17

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THE MORNING OKEGOXIAX, SATURDAY. OCTOBER- 30. 19Q9.
BARLEY GOES EAST
First Shipment Is Made From
This Section.
LOCAL MARKET STRONG
i:a.rrn Demand for Wheat Revives
and Some Business Is Being
Worked Buyers Offer Bet
ter Prices Than Before.
Grain men who routed the recent report
that there vu Inquiry l-m the East for
North Paclne Coast barley, will have to
revise their views, for the Inquiry ha de
veloped Into actual business and some shlp
menta have already been made The quan
tltlea that have tra forward are not large,
yet this new business has been sufficient
to add strength to the barley' position here.
All holders are firm at the last prices quoted.
There Is also a renewal of the demand for
wheat for Eastern shipment and some small
.sales are reported to have been made for
this account. Since the Eastern cash mar-
! kets began to Improve a few daya ago.
' Kastern buyers have been bidding more or
! iM freely In this section, and their offere
I yesterday were even higher than during; the
' boring flurry of two weeks ago. Farmers"
'Ideas have advanced In the meantime, how
ever, and 1: Is difficult to do business In
the Inland Empire. In other respects, the
wheat market here has undergone little
change
Weekly foreign wheat shipments were re
ported by the Merchants" Exrhango aa fol
lows: This Wk. Last Wk. I.sst Tr.
Argentina 7J.0') lW.O00 6T.0K
Australia HJ.i a3a.O0M eAe.ono
India 3i. "" 24.tMK)
The local oats market was firm and un
changed in prlre. The demand Is good at
a:i points. Fnrmers are very alow sellers.
Local receipt... In cars, aa reported by the
Merchants Exchange, were:
Wheat Harley Flour Onts Hay
Monrtav I'4 11 2" 10' 35
Tuesday 1 11 1"
Wednesday 44 4 -
Thursday 44 ' 1 8 1
Friday S 1" 4 -'1
Tear ago - ft 1 . f
Total last year. .4::. "0 45 3d 107
EXGMSH HOPS ARE C1XW5EI.Y SOU VP.
Only One-fifth of the Crop Remain. In Grow
er. Hands.
It is not likely the English hop buyers
can much lorger delay their appearance In
the Oregon market. They have bought up
ti"lr heme crop closely and can he de
pended on very soon to turn their attention
:o the Pacific Coast. When they begin buy
Ir.K here. If they do so In large volume. It
can have only one result on prices. Not
only tho English buying, but the American
huyintr also that will be stimulated by It.
v.-IU very likely put the market on the 80
tent level.
The following cable was received yester
day by Klaber, Wolf & Netter from their
London office:
"English crop four-n'ths sold. Market
has Improving tendency. Holdera asking
higher prices."
New York advices are that only S0O0 to
1O.000 bales, remain unsold In that state.
There are 14.5tK bales unsold In California,
distributed as follows: Sonoma, 3000 balea;
Russian River. 1300 bales; Sacramento. 10.
000 bales. Of the unsold Bacramentos. 4500
bales are owned by Durst and Lovdar.
dealer-growers. Washington has 400 balea
In farmers bands. 2.-.O0 In Taklma and 1500
In Western Washington. It la estimated
that about 19.0v0 bales are unsold la Pre-'
gon.
A number of Salem hop dealers came In
yesterday and more will arrive today, to
gether with, many growers, to see the moving-picture
exhibition of the Horst bop
ptcklng machine. The exhibition will be
held thla morning at the National Theater,
on Seventh street, near Washington.
HOLLAND I.IK KM AMERICAN' APPlfS.
Great Possibilities There for Shippers, Says
Consul Morgan.
Henry H. Morgan, rmted States Consul
at Amsterdam, says that the American apple
'. Is very popular In Holland, and that country
' offers great possibilities for the shipper of
the toothsome product.
"Holland consumed half a million dol
lars worth of American apples last year,"
said Mr. Morgan, "and they also ate up per
haps a larger quantity or American applos
that masqueraded as German. You see the
Germans won't allow the tnportatlon of ap
ples that have what la called the San Jose
cale, which has never been proved to be
anything else than a harmloas thing, and
whsn American apples so affected arrive at
Bremen or Hamburg they are at once re
I shipped to Holland, where there Is no ruling
against such. If American apple experts
would ship direct to Holland it would mean
much more money In their pockets. '
FRUIT TRADE IS OX SMALL, 9CAJLE.
Complaint of Wormy Apples Shipped la
From, Hood River.
Businers was not very lively In the fruit
trade yesterday. Supplies, particularly of
crapes, were large and a good deal of stock
was carried over. But prices were not changed.
There was. sm complaint on the street of
certain Hood River apple shirpers who have
sent In shipments of wormy apples to this
market. The Fruit Inepector Intends to call
Che attention of the Hood River association
to this practice.
Amors; the receipts yesterday were two
straight cars of new California walnutst.
.Movement of California Walnuts.
It Is reported from Fullerton, Ca!.. that
new crop walnuts are now corning Into tho
packing-houses, and heavy shipments will
begin within a few days. It Is believed
that the hot weather some veeks ago did
not Injure the crop to any extent. The nuts
are of much better quality than last season
and weigh heavier. The two associations
will ship nearly as many carloads as were
moved last Reason. The Fullerton Associa
tion will probably ship about 60 carload?. It
having marketed 5.1 cars last year. The
Golden Belt Association will handle about
30 carloads, it having shipped about 3,1 last
season.
Poultry Cleans l p TVrlL
T.ie poultry market was firm at unchanged
prices yesterday. Receipts were liberal, but
there wss a demand for all of them. Wild
geese are now coming In and are quoted at
to per dozen
The eRg market was strong, with fresh
ranch stock moving at 3rtttft cents and Kast
ern selling at a wide range.
There were no sew developments In the
buttsr seaxket.
Hank Clearing.
Bank clearings of the Northwestern cities
yesterday ?re as follow:
Clearings. Balances.
Portland 1. iS.Tl'll 11-1.7-3
Seattle it7i.3n-, ;7.41S
Tacoma S7;.Sf S7.S77
Spokane 412.271 lL'f,ul4
FOKTLAND MARKETS.
Grain. Flour, Fred. F.tr.
Uiill.VT Track prices: Bluesiem. ft. 01
iU.0t; euirt. J-c: red Russian, u?ylc: Val
ley, sic; Fife. D.'c; Turkey red. K.'c: 40-fold,
:c.
FARLEY Feed, K.50 3J7; brewing,
f 7. 50 per ton.
FI.OIP. Patents. $.1.10 per barrel;
straight. $4 :'.-; clears. f4 1!: exports. :t.t-;
Valley. J4 : graham. 14.70; w hole wheat,
quarters. 4.P0
. OFtN W ho'e. IAc: cracked. $r6 rr ton.
MILLdTL'FFS New crop bian. per
ton: mfddltnt-s. IS2: shorts, f 27.50; rolled
barlev. 2 Sua 20 SO.
OATS No. 1 white. 28 6 per ton.
HAY Timothy Willamette Valley. J14 lo
IT per ton: Eastern Oregon. 20- alfalfa.
15al; clover, f 14; che.it. 134U.50; grain
hay. I1413.
' Dairy nd Conn try Produce.
BUTTER City creamery, extras. 3(lc;
fancy outside creamery. 3K3 3c per pound;
store Sfe 24c. (Hutter fat prices average
Hc pt-r "pound under regular b.utter prices
EGi'.S Oregon. iitfStk: per dozen; i.asl-
.. l A r .... r fin.!).
(.HEESE Full cream twins. 1714 18c per
poun.i: Young Americas, H'tfllOc.
PuLLTP.Y Hens. loilJic; Springs.
ISfilStsc: roosters, fl'iluc; ducks. I'm.
IjVic; geese. 10c; turkeys. lTfec; squabs,
$17.', ft 2 par doxen.
PORK Fancy (igft'-c per pound.
VEAL Extra. '-10Vic
Vegetables and Fruits.
FRESH FKl'ITS Apples. HS2.2.1 box;
pears. fl-gl-SO per box grapes. S0Ctffl.2
per crate. 83 12c per basket; casabas,
11.253 1.60 per doxen: quinces. 111.26 per
bos; cranberries. J8.r.Mi9 per barrel; per
simmons. $1.50 per box; huckleberries. So
pr pound.
POTATOES Buying prices: Oregon. 50
COc per sack; sweet potatoes, I"j2c per
pound.
TROPICAL, FRl'ITS Oranges. $33.&0;
lemons, fancy. $: choice. r.;0; grape
fruit. $3.60frf4 per box; bananas. BftiliC
per pound; pomegranates, fl.iu per box.
VEGETABLES Artichokes. 75c per
doxen; beans. 10c per pound; cab
bage, 4Silc per pound: cauliflower. 30
65 60c per doxen; celery, 501iiS5o per doxen:
corn, $1131.25 per sack; eggplant, f 1 50 per
box; garlic. 10c per pound; horseradish. S tj)
10c per dozen: hothouse lettuce, fl1.25
per box: peas. 10c per pound; peppers. 5io
per pound; pumpkins, lijlc: radishes. 15c
per doxen; sprouts, He per pound; squash,
flfll.lO; tomato". 2i60c.
HACK VEGETABLES Turnips, TScffl per
sack; carrots. $1; beets, fl.25; rutabagas,
fl. 10 per Back.
ONIONS Oregon, $1012$ per sack.
Groceries., Dried Fruits, Etc.
DRIED FRt'IT Apples, ta Pr pound;
peaches, little; prunes. Italians, 6 Vi W
Uc: prunes, French. 4jftc; currants, un
wu.hed. cases. 9c: currants. washed,
cases, 10c: figs, white fancy, 50-lb. boxes,
4c: dates. 7',ft7ijc.
SALMON Columbia River, 1-pound tails,
$J per dosn; 2-pour.d talis. J2 9.'; 1-pound
tints. $2.1iH: Alaska pink. 1-pound talis,
Soc; red. 1-pound talis. $1.45; sockeyes,
1-pound tails. $2. -
COFFEE Mocha. 24?2c; Java, ordinary,
17ji20c; Costa Klca. fancy, ls$20c; good.
164i lc; ordinary. 12"(u l6c per pound.
NL'TS Walnuts. s:i fn 14c per pound;
Braxll nuts. 12'S15c; (llberts. 14315c; al
monils, 141il5Lic; chestnuts, Ohio, 26c;
cocoanuts, HucfiSl per doxen.
HEAXS Small whit. c: large white,
6Wc; Lima. 5Hc; bayou, 6Stc; rHi kidney,
4Ic: pink. I
SLOAR Granulated.-$5.$5; extra C. tS.SS:
golden C, $5.2(0; fruit and berry sugar,
J5.S5: beet. $5.75; cubes (barrel), $i.40;
powdered ibarrel), $4.10. Terms, on re
mittances within 15 days, deduct t.c per
pound: If later than 15 days and within
30 days, deduct .c per pound. Maple
sugar. 151? ISc per pound.
SALT Granulated, $13 per ton. $1.90 per
bale; half ground. 100c. $7.50 per ton; 50s,
$S per ton.
HONEY Choice, $3.25&3.50 per case.
CATTLE MARKET IS OFF
STKEKS A HE SELLING 25 TO 50
CENTS LOWER.
Itecelpts Are Excessive, Quality Gen
erally Poor and Packers Arc
Slow Buyers.
The weakness of the cattle market, was the
feature of trade at the stockyards yesterday.
Prices were down from 5 to 50 oents. Re
ceipts have not only been excessive of late, but
generally poor In quality aa well. At the
same time the packers are slow buyers, as
they have practically all they need for the
immediate future. Several bunches of half
fattened cattle have been driven out to gran
this week to relieve the situation.
. The top price realized on steers yesterday
waa $4 and on cows $3.25.
Hogs and sheep hld their own well, but
nothing was aold at top quotations.
Receipts foi the day were 294 cattle and
60 bogs. i
Shippers at the yards were W. H. Harris,
of Weioer, Idaho, with eight cars of cattle;
R. B. Weant, of Vale, Or., one car of hogs,
and D. McGill, of Ontario, three cars of cat
tle. The day's sales were aa follows:
Wt. Price.
Wt. PrI
. . e0 $2
84 steers., lu.'.a f-ft.uu
cows.
50
2S cows. . .llK- i
27 cows... 97.1
Bt steers. .1127
42 bogs.... 150
87 hogs 24:1
14 sheep... lo.i
H sheep... lt-ft
HO lambs.. 07
3 251 27 oows.
..!"(
. . t77
3
a. 25
3.bo
7.25
".bo
S.75
3.00
8 25
G cows.
2S cows.
23 cows.
2 oil
3.13
2 75
4.j0
2.25
2.2S
2.O0
tl calves.. 87
1 bull 1420
1 bull l.Llo
1 bull 1520
Prices quoted at the yards yesterday were
as follows:
CATTLH: Best steers, $4.50; fair to good,
$454. 2o: medium and feeders, $3.-5033.75;
bent cows. $3 50; medium. $3WS.25; bulls. $21
2.50; stags. HJ"'ii3.i calves, light, $5,254
ft.au: heavy. $44.75.
HOCa Best. $a; medium, $7.5(1-7.75; stock
en. $fm.
SSHEEP Best wethers, $4.25"M SO; fair
to good, $3.75fi4; best ewes. $3.7504; fair to
good, $3.5j33.75; lambs. $5tf6.
Eastern Livestock Markets.
SOUTH OMAHA, Oct. 20. Ctttle Re
ceipts, 100: market, steady. Native steers.
$4.oo-a8: cows and helfera. $-V(i5; Western
steers. $3. 306.25; canners. $2.2."ifi3.25; Block
ers and feeders. $-1&5.25; calvtvi, $3.50-7; bulls
and stags. $2.7574.50.
Hogs Receipt. 2700; market, stronger.
Heavy. $7.65'j7.!tO; mixed. $7.va7.6.; light.
$7.o5l7.70; pigs, $6.5oj7.25; bulk of sales.
$7.6oS7.70.
Sheep Receipts, 60O: market, steady. Tear
llr.gs. $4 7Mi5.: wethers, $484.50; ewes.
$3.7564.25; lambs, .M.7r..
Boston Wool Market Quiet.
BOSTON, Oct. 28. The Commerclwl Bulle
tin will say of the wool market on Satur
day: Business for the week Is not over 3.000.000
pounds, as the large buyers are not operat
ing All available wools are selling mod
erately at top prices. The market Is grow
ing stronger as stocks decrease and foreign
advices become more bullish. The ship
ments of wool from Boston to Ootober 29,
Inclusive, wens 21S.447.SS3 pounds against
150.141.17$ pounds for the same time last
year. The receipts to October 2$. Inclusive,
were f71.C41.505 pounds against Its. 230,731
pounds the same period last year.
ColTee and Sugar.
NEW YORK. Oct. 29. Coffee closed steady
10'j2i points higher. Sales, T2.250 bags.
November. tVISc; December and Jaunary,
8 2C46.25c; March. 8 SSIj 0.45c: May. 4 45
O.ftOc; July 0.5543 6.70c; September, 6 607
6-TOc. spot, steady; No. 7 Rio. S1, nominal;
No. 4 Santos, Hc. Mild, quiet; Cordova, 11
il ll4c.
Sugar Raw. firm; fair refining, 8.809
s.OOc: centrifugal. 96 test, 4.S0jj4.4oc; mo
lasses sugar, a. 6ft U 3.65c. Refined, steady;
crushed. 6.35c; powdered, a.25c; granulated,
6.15c.
Dairy Produce In the East.
CHICAGO. Oct. 29. Butter Steady. Cream
eries. atlHtiSOHc: dairies, 24i?2!c.
Eggs Strong. Receipts, 4297 esses. At mark,
cases Included, J&c; firsts. 25c; prime firsts,
27c.
Cheese Steady. Twins. 1016Hc: Young
America, 16410c; long horns, imrl6'ic
NEW YORK. Oct. 29 Butter and eggs,
steady, unchanged. Cheese, firm, unchanged.
New York Cotton Market.
NEW YORK. Oct. 29. Cotton Spot closed
quiet. 10 points higher. Mlduplands, 14.85c;
do gulf. 10.13c. Sales, Moo bales. Futures
closed etrong. November, 14.48o: December,
14.67c: January. 14.74c; February, 14.79c:
March. 14.82c; April. 14.81c; May. 14Sc;
June. 14.78c; July. 14.83c; August, 14.24c;
September. 13.22c.
London Sheepskins gale.
LONDON. Oct. 2. A sale of Cape" of
Good Hope sheepskins was held here today.
There were 25,971 skins offered, but on ac-.
count of their poor condition only 174.181
were sold. -Prices declined from to "d.
Most of the purchases were made by home
traders. - ' .
Hop at London.
LIVERPOOL, Oct. 20. Hops in London
Pacific Coast, firm, i5 5s to 7 15s.
JliONEY IS EASIER
And Speculative Interest in
Stocks Revives.
BORROWING IN LONDON
Market Is Broad and Active and
Prices Advance Throughout the
List Steel Leads In"
, the ' Trading.
- NEW YORK, Oct. 29. Today saw a con
siderable revival of speculative Interest In
stocks. The cause was the easing money
market and the confidence that conditions
would further relax with the passing of the
November 1 money settlements. The source
of supply of the additional funds offered In
the money market waa believed to be Lon
don, where. It was reported, private bankers
had been Induced to replace some of the
accommodation recently called ' In response
to the maneuvers of the Bank of England.
The attraction for this operation was the
payment of a commission to the English
bankers by the American Ctorrower. which
amounted to a sharp premium over the
Interest rate ruling In the money market
there.
The resumption of American borrowing In
Iondon marks a defeat for the expressed
policy of the Bank eif England, when It set
about to control the London money markets
and to make Its advances In the official
discount rate effective. The possibility came
Into discussion, therefore, of further de
fensive measures by the bank to defeat
this movement.
The week's currency movement has been
against the New York banks, according to
the preliminary estimates, although the net
result Is ameliorated by the shrpment of
funds from the Interior, the balance In favor
of New York being estimated upward of
$3. 000.000 On subtreasury operations, how
ever, the' banks have lost $.1.2T1.000. while
gold exports to South America and to
'anada have taken an additional $3,475,000.
The maintenance of the surplus reserve at
as high figures as last week is Independent,
therefore, upon a reduction In the deposit
liability through losn contraction.
The stock market proved . broad and
active and a comprehensive advance In
price was effected. The covering operations
of a substantial short Interest were given
credit for a good part of the day's buying.
United States Steel still absorbed a large
proportion of the total dealings and Its ag
gressive advance formed an effective lead
ership. This was supplemented by fresh
strength In Union Pacific. Southern Pacific
and Reading. The copper Industrials held
a conspicuous position.
Bonds were firm. Total sales, par value,
$4,452,000.' United States bonds were un
changed on call.
CLOSING STOCK QUOTATIONS.
' Closing
Steles. High. Low. Bid.
Allls Chilmera pf I.6..0 524 61
Amal Copper 132.tiO0 87V 8444 t7
Am Agricultural 46
Am Beet Sugar .. l.oo 47, 4 47
Am Can pf SoO K2'., S2V 2'.4
Am Car Foun. 14. MOO 72Vj 71 72(s
Am Cotton Oil .. S.BOO 7S' 77 77 V
Am Hd & Lt pf. 2.7O0 46 i 434 44
Am Ice Securi 2oO 26 24 254
Am Linseed Oil. . I.00O 15 IBMi 15is
Am Locomotive .. 2.3M OO, o
Am Smelt 4 Rat. 33.8O0 6T t7 Si4
do preferred ... 2(0 111 111 111
Am Sugar Ref 1.2'k l:ut 1.12'4 132
Am Tel & Tel 3,000 1411a 140 141
Am Tobacco pf .. SOO loo S9' VH
Am Woo..len 20O 35H 35 35
Anaconda Min Co.. 21.u0 4D' 4K14 49a,
Atchison 47.2M1 123 1221, 1234
do preferred ... I.800 l4i. 104'4 IO414
Atl Const Una ... 3.5"0 139 1364 13S4
Bait Ohio 1.900 11614 H&!
do preferred 93
Bethlehem Steel .. 500 834 32'i 33
Brook Rap Tran. 8.9:0 76 74 T 75H
Canadian Pacific .. 1.6"0 ltwa, 1S4'4 IWit,
Central Leather .. 5.4"0 4fi ! 42
do preferred ... 2t:t loOVi lcKli 1S
Central of N J 300
Ches 4 Ohio 10,100 S 87 88
Chicago & Alton . . 3'X 0914 69 - BS
Chicago Gt West. 2.3CO 19Vs 1H lni
Chicago & N W.. 200 1HS 188 1SS4
C. M & St Paul.. 16.41 0 158 54 1574 1571
C. C, C St L... 1.0O0 7!) 7754 78
Colo Fuel Iron.. 7,800 464 454 454
Colo Jt Southern .. 200 634 634 S3 4
do 1st preferred t...
do 2J preferred '. . . .
Consolidated Cas.-. 3.100 140 138 4 l.iUVj
Corn Products ... l.loO 2114 '-'1 . 204
Dei A Hudson 1,100 1844 18314 1834
D & R Grande ... 2,4nO 4S-54 474 '
do preferred ... 400 84 4 84 4 84 4
Distillers' Securi .. SOO M 4 SOU
Erie '. 2.20O 33 334 814
do let preferred. 1.3f0 4744 474 47
do 2d preferred ' 3014
General E.ectrtc .. l.loo IBSH4 1624 1624
Gt Northern pf ... 7.700 145 143 4 145
Gt Northern Ore .. 2.3O0 814 8ol 814
Illinois Central .. l.d'O 1484 US 14814
Interborouirh Met. 23.00 20 19 1!4
do preferred ... 10,600 R0T4 5ol4 H!
Inter Harvester .. 400 1H 1H2 10.14
Inter-Marine pf .. 1"0 22 4 22 224
Int Paper 40 16 16 !54
Int Pump r0O 61 40 60i
Iowa Central .... SoO 29 29 20
K C Southern ... 600 44 43i 4.1S
do preferred 64
Louisville Nseh 4rt 155 1524 1544
Minn & St Louis. 300 54 4 54 534
M. St P S S M. 1.500 138 4 1SH 138
Missouri Pacific .. 8.600 69 69 69
Mo. Kan A Texas 18.100 48i 48 48
do preferred ... 200 74 74 4 "
National . Biscuit .. 3oo 115 114 113
National Lead ... 1,200 89 8814
M Nat Ry 1st pf R
N Y "Central 10.VM) 135 4 134 1354
N Y. Ont & West. 2.800 47 4 4 461;
Norfolk A West. 1.S00 95 4 95 4 954
North American .. 1.000 804 79 80
Northern Pacific... 10.500 149 1474 148
Pacific Mall l.OOO 40 404 404
Pennsylvania 35.6"0 149 14 14S4
Peoples Gas 1.9"0 1154 U 115
P. C C ft St L w4
Pressed Steel Car. 2.400 304 48
48 5U
19?
Pullman Pal Car.
Ry Steel Spring .. 70O 48 474 42
Kejrtlnir 94.610 1B34 1624 lt!3
Republic Steel ... 10. 700 47 45U, 474
do preferred ... 1.fl0 lc 104 lo.-,
Rock Island Co... 19.100 39- .! .19
do preferred ... 9.700 79 78 79U
st I, s r pf. 1.700 68 1; r,7 574
Bt L Southweetern .Vn T0 29 2B
do preferred ... 200 67 67 7
SSloss-SheffleH SOO 92 914 914
Southern Psclflc .. 4.ooo 130 14 128 130
Southern Railway. 3.200 3 .10 So
do preferred ... 6O0 69 69 4
Tenn Copper 2.000 34 34 36
Texas i- Pacific-. . 1.100 S 364
Tol. St L A West. 2.0OO 71 69 705
Union Pacific 113. 600 2-'.2 2004 22
do prer-rred ... 2.900 103 K'S 1034
IT B Realty JOO 82 - 82 82
V S Rubber .. 2.9O0 44 49
TJ B Steel 214. SOO 91 90 904
do preferred ... 2.9O0 128 127 127
Utah Corner 3.00O 494 48 49
Va-Csro Chemical. 9oo 411 464 4R
Wabash 7iO 20 204 204
do preferred ... T.oo 62 4 61 62
Western Md Too 214 21 21
W.stlnghouse Elec Rod 87 86 Bfl
Wertem Union ... "too 77 77 77
Wheel L Erie.. 1.200 9 8 94
Wisconsin Central. TfO 60 47 48
Total sales for the day. 1,063.100 shares.
1 BONDS.
NETW YORK, Oct. 29. Closing quotations:
V. S. ref. 2s rg.1004lN Y C O 34".. . 91
. do coupon 100 4 North Pacific 3s. T3
TJ. S. 3s reg 101'North Pacific 4s. 101
do coupon. ... 101 Union Pacific 4s. 102
TJ S new 4S reg.116 Wlscon Cent 4S. 94
do coupon 116 Japanese 4s 86
D si R Q 4s 86 I '
Stocks mt London.
LONDON. Oct. 29. Consols for money,
827-16: do for account, 82.
Amal Copper... ST14 Mo K T 49
Anacond
111 i.n. 1. Lflnirai . . . . j.-ii
.1264!Norfolk West. t)T 4
.106 I do pf.". 92
.119 Ont 4k Western.. 48
.190 Pennsylvania ... 764
. 904 Rand Mines 9
. 19 iReading S3
.1614 Southern Ry 31
.19 1 do pf 71
. 49 Southern Pacific. 132
. 864!Union Pacific 200
Atchison
do pf
Bait Ohio. .
Can Pacific
Ches & Ohio. .
Chi Grt West.
C. M. i 8. P. .
De Beers
I) A R G
do pf
Erie
.14 V. do nf .
.1064
do 1st pf. .
do 2d pf . .
43 IU. S. Steel.
!121s
40
"do pf 131 14
Grand Trunk... 21 Wabash
204
111 Central..
.151
do pf.
53
95
L & N .
.156
ISpanlsh 4s.
Money, Kxchanc-e, tc.
NEW YORK. Oct. 29. Prime mercantile
paper. 5&54 per cent.
Sterling exchange steady with actual busi
ness In bankers' hill at $4 S3 (1 4.8:125 for 60
dav bills and at $4.8730 foT demand- Com
mercial hills. $4.82.
Bar silver 504c.
. Mexican doilars. 48c.
Government bonds, steadyl railroad bonds,
firm. - .
Money on call. firm. 3ft 4 per cent; ruiing
rate and offered at 4 per cent: closing bid,
3 per cent. Time loans; 60 days, 4
per cent; six months. 44iM per cent.
SAN FRANCISCO, Oct. 29. Sterling on
London, 60 days, $483; do sight, $4 874.
Silver bars. 60 14c.
Mexican dollars, 46c.
Drafts Sight, 4c; telegraph, T4c
IONDON. Oct. 29. Bar silver, steady at
1.3 4 d per ounce.
Money, 4 4 6 5 per cent.
The rate of discount In the open market
for short bills Is 4 4 per cent; do three
months' bills. 4 per cent.
Daily Treasury Statement.
WASHINGTON. Oct. 29. The condition
of the Tieasury at the beginning of business
today was as follows:
Trust funds
Gold Coin $ST4.123.SC,9
Silver dollars 487.35 4.000
Silver dollars of 1890 4.036.000
Silver certificates outstanding... 487,o54,000
General fund
Standard silver dollars in gen
eral fund 2.48.-1,449
Current liabilities 110,400.833
Working balance In Treasury
office 7: 27.39S.512
In banks to credit of Treasurer
of the United States 3T.SS7.642
Subsidiary silver coin 18.188.197
Minor coin 1.50.-..291
Total balance in general fund.. S6.047.6.IT
LOOK FOR A DECREASE
LIGHTEU RUSSIAN WHEAT SHIP
MENTS EXPECTED.
Basis of the Strength Shown by the
Chicago Market Cables
Are Bullish.
CHICAGO. Oct. 29. Predictions of a ma
terial falling off In Russian shipments of
wheat were the basis of considerable
strength in wheat today. Foreign markets
also' were bulllshly affected. Reports from
the Southwest that offerings of wheat from
the interior were on the decrease prompted
buying. Receipts, however, were again lib
eral In all directions. During the day De
cember sold between $1,05 4 1.06 and
$1,05 4 1.06 li ; December closed firm at
$1.05.
Corn was firm. The market closed firm
with prices up to c compared with the
previous close.
Oats firm. At the close prices wens a
shade to 4 6 4c higher.
Provisions were strong. The market closed
strong with prices unchanged to 40c higher.
The Veadlng futures ranged as follows:
WHEAT.
Open. High. Low. Close.
Dec $1.06 $1.06 $1.05 $1.05
Mav. 1.05 1.05 1.05" 1.05
July 984 -98 .98 .984
CORN.
Oct.... -.604
Dec ' .59 4 .59 .59 .5 4
May 614 1 -61 -614
July 614 -614 .61 .614
OATS.
Dec 40 .404 .S9 .40
Mav .42 .414 -424 -42'i
July 40 .40 .39 .K
MESS PORK.
Oct '. 23.35
Jan 19.60 19.85 19.60 19 824
May 19.20 19.45 19.20 19.40
LARD.
Oct 12.324 12.421, 1J.324 12424
Nov 12.224 12.26 11.15 12.25
Jan 11.574 11.60 11.474 11-60
SHORT RIBS.
Oct 10.824 11.05 10.80 10 85
Jan 10.20 10.30 10.15 10.274
May 10.15 10.274 10 15 10.274
Cash quotations were as follows:
Flour Firm. ,
Rye No. 2. 73 S 74c.
Barley Feed or mixing. E3554c; fair
to choice malting, 56i-63c.
Flax sed No. 1 Southwestern, $1.63; No.
1 Northwestern, $1.73.
Clover $9.50(3 14.50.
Pork Mess, per barrel, $2S.7524.
Lard Per 100 pounds, $12.45.
Short ribs Sides (loose), $10.62 It 10 87 .
Sides Short, clear (boxed), Jllll.50.
Grain statistics:
" Total clearances of wheat and flour wena
equal to 352,000 bushels. Exports for the
week, aa shown by Bradstreet's, were equal
to 4.2OO.00O bushels. Primary reoelpts were
1.459.000 bushels, compared with 6S6.O00
bushels the corresponding day a year ago.
Estimated receipts for tomorrow: Wheat. 27
cars;corn, 147 cars; oats, 207 cars; hogs,
$000 head.
Receipts. Shipments.
Flour. barns-Is S2.200 35,500
Wheat, bushels 75.6001- 81.700
Corn, bushels . 170.000 240.600
Oats, bushels 358,200 303. 00
Hie, bushels 130.000 1.000
Barley, bushels 126,900 79,400
Grain and Produce at New York.
NEW YORK. Oct. 29. Flour Receipts,
34.000 barrels; exports, 14.500 barrel. Steady
and uncharged, with a small local trade.
Wheat Receipts. 40,800 bushels; exports.
184.100 bushels. Spot. Arm; No. 2 red. $1.23
to arrive elevator; No. 2 red. $1.26 spot,
nominal elevator: No. 2 red. $1.23 asked to
arrive t. o. b. afloat; No. 1 Northern Duluth,
$1,164. nominal f. o. b. alloat: No, 2 hard
Winter. $1.22. nominal f. o. b. afloat. There
was a firm tone to the wheat market all
day in consequence of firm cables, pre
dictions of reduced shipments from Russia,
steady cash markets and some improvement
in the export demand. Final prices showed
4c net advance.
Hops Quiet. ,
Wool and petroleum Steady.
Hides Firm.
Grain at San ranciiro.
SAN FRANCISCO, Oct. 29. Wheat and
barley, steady.
Spot quotations: Wheat Shipping. $1.75E?
1.80 per cental; milling, $1.75 per cental.
' Barley Feed. $1.49'jri.464 per cental;
brewing. $1.4741.48 per cental.
Oats Red. $1.51.75 per cental: white.
$1.653 1-W Pr cental; black, $2.40 2.75 per
cental.
Call board sales: Barley December. $1.4414
per cental.
Corn Large yellow. $1.7091.76 per cental.
' European Grain Markets.
LONDON. Oct. 29. Cargoes, quiet but
stesdy. Walla Walla, for shipment, at 311s.
English country markets, quiet but steady;
French country markets, quiet.
LIVERPOOL. Oct. 29. Wheat December,
Ts lld; March. 7s 9d; May. Ta 8d.
Weather, showery.
GRAIN MARKETS OF THE NORTHWEST.
Two Million Bushels Will Be Shipped From
Idaho Next Month.
LBWISTON. Idaho. Oct. 29. (Special.)
Grain prices remain unchanged, but agents
for the several companies .are making prep
arations to rush their purchases to the Coast
immediately after November 1, at which time
the new tariff becomes effective. A re
duction of 2 4 cants per hundred on all
grains and grain products has been qilofsd,
and at least 2.000,000 bushels will be shipped
during November from Central Idaho points
In the event the railroad company supplies
the necessary care. The reduction Is volun
tary on tne Part of the rallron1 companies
In Idaho, but was required by the State
Railroad Commission for Kastern Washing
ton points. Bids today were: Wheat Blue
stem. 33c; 40-fold, SiOc; clul.. 77c; Turkey
red 77m red Russian. 75c. Oats $1.10. Bar
ley Feed. $105.
TACOM A, Wrash.. Oct. 29. Wheat Blue
stem, $1.03; club. Kite; red Russian, 91c.
SEATTLE. Wash.. Oct. 29. No milling
quotations. Export wheat Bluestem. $1.2;
club. 2c; Russian. 91c. Receipts Wheat,
seven cars; barley, shx cars; oats, one car.
Metal Markets.
NEW YORK. Oct. 29. Standard copper,
dull and nominal. The market was quotable
at 12.50 asked. London, easy; spot closed
ST 12s 6d; futures 58 lis. Locally lake
copper waa 12.87 4 & 13.00c; casting, 12.37 4
12.62 4 c.
Tin. quiet; spot. October and November,
30.25 3O.5O; December. 30.37 4 30.60c. Lon
don, unchanged; spot, 1SS 12s Ud; futures,
140.
Lead, quiet; spot.-4 32 4 4 40e New York
and 4.20 4.27 4 East St. Louis. London,
lower. 13.
Spelter, quiet. 6.408 6.55c New York and
6.20!i 6.27 4c East St. Louis. London ad
vanced to 23 6s.
The English Iron market was higher at 51s
fld for Cleveland warrants. Local market
"unchanged.
Wool at St. Louis.
ST. LOUIS, Oct. 29. Wool Firm. Terri
tory and Western mediums. 24ig29c: nn me
diums, 23g?Sc; One, 14&20C.
TE
NOUGH
LAGDP,
Rapid Growth of Industry
Overtakes the Supply.
MILLS RUNNING OVERTIME
Business Situation Satisfactory in
Every Iine Early Reports of
Holiday Trade Are Good.
Steel Business Booming.
NEW YORK. Oct. 29. Bradstreet's tomor
row will say:
Trade as a -whole is good. Industry in
turn responds with advices of full manu
facturers' order books, full or overtime runs,
and general reports of an insufficiency of
labor to meet requirements. Altogether, the
situation is very satisfactory, and the rate
of improvement In late months promises to
place 1909 close to the front In the list of
years of prosperity.
While mild weather has tended to retard
retail trade In some sections of the North
west, the general report Is that the ad
vance of the season and the marketing of
the year's crops Is bringing out a large
volume of trade In country districts, while
enlarging payrolls. Fall festivals and state
fairs are all helping to stimulate distribution
In the cities.
Early reports as to holiday trade are also
very good. Spring trade Is reported of
good volume and the general movement Is
toward enlarged salas.
Business failures In the United States for
the week ending October 28 were 217 against
244 last week, 241 In the like week of 1908,
!2S In 1907. 123 in 1906 and 160 In 1905.
Business failures In Canada. for the week
numbered 45, against 35 last week and 3$
In the same week of 1908.
Wheat. Including flour, exports from the
United States and Canada for the week
ended October 28. aggregate 4.200,449 bush
sis against 6.694,46, last week and $,461,714
this week last year. For the 17 weeka ended
October 28 exports are 47.316, 179 bushels
against 71.806,114 In the corresponding
period last year.
Corn exports for tha week are 156.448
bushels against 395.692 last week and 196.
S14 In 1907. For the 17 weeks ended Octo
ber 2S, corn exports are 2,700,685 bushels
against 1,586,118 last year.
EXPANSION IX THE STEEL TRUST.
Trust Is Preparing for a Steady Growth of
Business.
NEW YORK. Oct. 29. R. G. Dun A Oo.'s)
weekly review of trade tomorrow will say:
Further progress Is making in trade expan
sion and financial conditions are more settled,
while politics, in spite of the nearness of
election day. does not materially affect the
business section. The report of the leading
trade circles are so uniformly favorable as to
leave no question of doubt em to the wide
spread character of tbe revival.
If further evidence of the rapid expansion
In Iron and steel were needed, it Is furnished
by the' report of the steel corporation for tho
third quarter and the appropriation of $10,000,
000 for new construction work, which testifies
to the confidence shown In a steady grott of
business In the future.
The leading railroads continue to make lib
eral purchases of needed ' equipment, recent
vales of rails aggregating 801. X tons. New
business comes forward slowly in structural
lines. More interest to shown In the wire
trade than for some time east.
Stocks In retailers' hands are reduced and
ordera for Fall have been so conservatively
placed that the rush for Immediate delivery
forces prices higher. -
Bank Clearings.
NEW YORK. Oct. 29. Bradstreet's bank
clearings report for the week ending Octo
ber 28 shows an aggregate of $3,484,322,000
as against $3. 745.182, 000 last week and $..
361.4kS,O0O in the corresponding week last
year.
P. C. Inc.
2$3.42S.00O 42.6
2T2. 129.000 17.2
163.800,000 20.1
149,017.000 37.2
"3,036,000 18.7
53.230,000 S6.5
56,:71.000 47.4
36.617.000 "r.S
31.427.009 84.9
24.538.0OO 13.9
2X, 649, 000 IS. 9
1.S::6,000 34.3
IS. 285,0110 27.0.
18.804.000 26.6
15, 785. 001) 44.5
11.506,000 24.3
11.506.000 24.3
7.23H.000 19.7
12.686.000 36.7
13,181,000 37.7
14,994.000 07.1
9.639.000 18.9
9.369.000 28.0
7. 511, 000 15.8
4. 761. 000 28.8
8.984,000 25.3
8. 45U.000 41.0
7.360.000 19.4
5. 781, 000 1.5
6,555,000 23.4
. 143.000 5S.9
6.830.000 33.6
6, 652. 000 11.4
8.255.000 25.1
12.345,000 142.1
6,072.000 35.6
1.628,000 12.0
28.373.000 9.7
1J, IO4.000 24.1
Chicago '
Boston
Philadelphia -
St. Louis
Plttsourg
Kansas City
San Francisco
Baltimore
Cincinnati
Minneapolis
New Orleans
Cleveland
Detroit
Omaha
Louisville ,
Milwaukee . , .'.
p-ort Worth
Los Angeles
St. Paul
Seattle
Denver-'
Buffalo
Indianapolis
Spokane, Wash
Providence
Portland. Or
Richmond
Albany
Washington, D. C. .'. .4 .
St. Joseph
Salt Lake City
Columbus
Memphis
Atlanta
Tacoma
Oakland, Cal
Houston
Galveston
Decrease.
SLUSH GRAPE PRICES
SEATTI.K Sl'PPliY FAR GRKATKIi
THAN THE DEMAND.
Box Grapes Drop to 50 Cents and
Concords to 10 Cents Eggs
at Half a Dollar.
SEATTLE. Wash.. Oct. 29. (Special
The grape market went all to pieces today,
the supply being greater than the demand.
Concords went as low as 10 cents and Cali
fornia stock a. low a. 50 cents. Fourteen
hundred packages of C'""rnl
rived by boat, but will not reach the street
until tomorrow. There were
changes in the fruit and vegetable markets.
The trade was brisk. ,
Although every effort was made to get
a supply of either live or dressed turkeys,
none tame In and a large number of or
ders from reValler. for Saturday delivery
were canoelled this afternoon. Shippers
write that they prefer to hold for Thanks
glving prices. -hlch they think will be
higher. Hens soM. readily in the absence
Vre.heeggs sold's. high as SO cents, but
the trade was on special lots.
The veal market was In bad shape, every
dealer being overstocked.
QUOTATIONS AT SA.S FRANCISCO.
ric) Paid for Produce In the Bay City
Market.
PN FRANCISCO, Oct. 29. The follow
ing' prices were quoted In the produce mar-
"'vegelabrcs-Cucumbers. &n75c: "trlnit
beanf Sfeoc: tomtoes, 26tg60c; garlic, 4
Scf green peas, 3 6c: eggplant, 40&60c;
ORMlil.''tuffBran. . $28.5030: middlings.
$30 5041-37.50. .,. ,.m.
Butter Fancy creamery. S2c; creamery
seconds. SOVjc; fancy dairy. 2ftc.
Poultry Roosters. old $4 S: roung.
$S9- broilers, small. $83.oO; large. $y
$5- fryers. 5-: henm 5S10:
old. $45: young, $08.
Ekks Store, 50c: fancy ranch, 66t,c.
Chme New. 13H18V4: young Amerl-
Cayt?Wheat. $lr, 19.30: wheat and oats.
$14 17; alfalfa. $&12; stock. $7 10; bar
lev, $10 12; straw, per bale, 50 70c
Frults Apples, choice, $11.50: com
mon. 4090c: bananas. T5c3.50: limes,
i.V.IOrfB; lemons, choice, $3 504; com
mon. $23'$: pineapples. $242.75.
Wool Eouth Plains and San Joaquin,
THE-UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
CAPITAL AND SURPLUS, $1,000,000
OFFICERS
J. C. AINSWORTH. President. R. W. SCHMSER, Cashier.
R. LEA BARNES. Vice-President
A. M. WRIGHT. Assistant Cashier. W. A. HOLT, Assistant CasLier.
LETTERS OF CREDIT AND TRAVELERS'
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS Drawn ON ALL FOREIGN COUNTRIES
lumbermens
National Bank
CORNER FIFTH AND STARK STREETS
TRANSACTS
BANKING
HIGH-GRADE MUNICIPAL
AND IMPROVEMENT BONDS
We hare several good issues on hand. Buy direct
, from contractor and save broker's commission. ,
WARREN CONSTRUCTION COMPANY
317 Beck Building, Portland, Or.
Off
For Dtttrictin Mutltr aud
1 Cruises s4wS n
J" Lar.
if V
THE CUNARD STEAMSHIP CO.. UL
1
Sew To. Boston, Chicago. Miamapolls.
San Fianolaco, Toronto and Moatrsal,
810o: Spline Humboldt and Mendocino,
IJ'tf 130.
Hops 14 927c per pound. .,,
Potatoes Oregon Burbanks. (tOciSll.05;
Salinas Burbanks. tl.2S0 1.35; sweets,
WX50. . ,
Rece!pt-f--Flour. 16.fl'w quarter sacks; wheat.
185 centals; barley, 8240 centals; oats, 2345
centals; beans; 75.17 sacks; corn. 645 centals;
potatoes. 1505 sacks: bran, 108 sacks; mlil
dlinns. 125 socks; hay. 3T4 tons; wool, I'll
bales; h!os, 3150.
Dried Fruit at Hew York.
NEW YORK, Oct. 2. Evaporated apples,
firm; small offerings for future delivery at
0'iB4c on the spot; fancy, nominal;
choice. 9'4 10'ic; prime. 844c; common to
fair. 6S48!4e.
rrunes. Arm; California. 2Vs7c; Ore-ton,
6 'lc. "
Apricots, scarce, small demand; choice,
llffill'.ic; extra choice,- 31 "441 11 14 c. and
fp.ncy. 12fi12tse.
reaches, steady; choice. 54'8.,H4c; extra
choice. 5'aflc; fancy, 6'Sc.
Kaislns, llrm; loose muscatel,. 3 (5414c;
cholro to fancy, 8Hc; London layers, fl.20
1.23.
Flaxseed at Minneapolis.
MINNEAPOLIS. Oct. 29. Flax, $1.70.
I'ortland
Seattle ' Spokane
Downing-Hopkins Co.
BROKERS
Established 1S93.
ROOMS 201 204 COl til BLDG.
STOCKS AND BOXDS
GRAIN
PRIVATE
WIRES
TKATELKItS' GUIDE.
I A world traveler
wrote back to a
IF TUY ONLY K KWI
fneud auout Ills trip i ttie S. S. Mariposa;
"I want so to tell you that this ship Is up to.
It not better than, any ship I have evsr
known, and other passengers saJd the im
I think if It wore widely known that suca
a good ship were on the line the company
would have more passengers than they could
carry."
TAHITI and return, 1125, first class; wn
UXOTON, N. Z . and return, $200; SOUTH
SKA ISLANDS (all of them), three months
tour, 400. Book now for sailings of Sept.
11. Oct. 17 and Nov. 22.
Line to Hawaii, $110 round trip. Sailings
every 21 days. OCEANIC 6. S. CO., 73
Market street, San Francisco.
ftamburg-Stmsrican.
All Modern Pafetv Devices (Wireless, etc.).
LO.N DON PA R IS HAJIBCKO.
F.GranUnewiNov. ITU Amerlka. . . . . Dec. 11
TKalserln A.V.Nav. 20'Patricia Dec. 18
Pennsylvania Nov 21 "Pretoria Dec. 25
Waldersee Dec. 4Kaiserin A. V., Jan. 5
fRitx Carlton a la Carte Restaurant.
Hamburg direct.
trp S. W SS via Gibraltar,
JL JL -A. I . X Naples, and Gnoa
S. S. HAMBURG. -8.
8. S. MOLTKE. Dec. 9. Jan. 25
Tourist Dept. for Trips evereywhere.
Rajmlmrg-American IJne. 10 Powell St,
&an Francisco, and Local Acents. Portland.
A GENERAL
BUSINESS
en the unsurpassed in Luxurious
and Comfortable Ucean 1 ravel
By the great 20,000-ton steamers 0
"CARMAMA1 November 6
V' "CARONIA"Nov.27,Jan.8,Feb.l9 ,C
XARMANIAMJaiu22,Mar.5j
Lar sest triple-screw turbins ia the World v-J yt B
Prscacdioa aa Isr as rasas
Sturratitu apply tm
lUll - uislpDla. St. Louis,
or Local Agents
sjiniiijiniiTtifPMk-
Strassberg. Oormany Prlnoe and Prlnoesa
Henry of Prussia made an ascension Thurs
day In an ordinary balloon piloted by Pro
fnsBOr Hergessol.
TRAVELERS OTJtDB.
"CINCINNATI
80 DAYS $325 UP
LEATB9 H. T. JAB. . Ml
tlat am 1 Onrtsa.
Hest CojpeauiastM ArsDFBia-n.
finest sod Largest Vessel a
ORIENT CRUISE
alse ersisss ts tbe West ladles and Soota Asssrtea
HAMBUR-AMER1CAN LINE
lmt POWELL. ST.. SAN FRAJsC:ilCO.
by Our
MEDITERRANEAN SERVICE
large steamers Moltke, Cincin
nati. A Hamburg from New
York Nov. IS, Dec. f, Jan. 6. 25,
28, etc., for Gibraltar, Naples
and Genoa.
Nile Trips Through Egypt
by Hamburg & Anclo-Amer. Nile
rn. ror booklet, rates, etc.. applv
HAMHVRG - AMERICA! lJ-E
For local agents see other Ad
vertisement. N
I
L
E
ARABIC
CRUISE
.v "I.
Leases Hew York. January "
Including Madeira, Spain. Meditsrransan Ports,
Palestine and Egypt.
Cost 9 loo and npwnrds for S days.
All Lipomas Iuolnded.
CKIg IgMTMEIff, WMTI ST IWE, tEHTM M ICEHTS,
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wednesday, 8 P. M., from Alns
worth dock, for North Bend, Marslillela and
Coos Buy points. Freight received until 4 P.
VI. on day of sailing. Passenger fare, first
class, $10: second-class. $7, Including berth
and meals. Inquire city ticket office. Third
and Washington street, or Alnswortn dock.
Pbone Mala 268.
NORTH PACIFIC S.S.CO.
For Eureka,, San Francisco and Los
Angeles direct. The steamships Roa
noke and Elder sail every Tuesday at
SP.M. Ticket office 132 Third, near
aider. Phones M. 1314 and A 1314.
H. YOUNG. Agent.
SAX FRAN. fc rOIlTI.AIVD S. S. CO.
From Alnswortn Dock, Portland. 4 P M.
H. 8. Kansas City, Oct. iU. Not. 12.
S. S. Rose City, Nov. S, 19, etc
From Pier 40. Fan Francisco, 11 A. M.
S. H. Row City. Oct. 30, Not. IS.
8. H. Kansas City, Nov. 6, 20, etc
M. J. ROCHE. C. T. A.. 142 3d fit. J. W.
Ransom, Dock Agent, A Ins worth Dock. Main
402; A 1402. Phones Main 268; A 1234.
I
T
A
L
Y