Morning Oregonian. (Portland, Or.) 1861-1937, November 20, 1909, Page 17, Image 17

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    ' 17
TIIE MORNING OREGONIAN, SATURDAY, NOVEMBER 20, 1909.
" - '-
WHEAT IN DEMAND
Prices Are Being Bid Up
Sharply in Country.
BLUESTEM BADLY WANTED
Loral Quotations Are Raised All
Around Intern, and For
eign Markets Are
Stronger.
Another boom has struck the wheat mar
ket. It Is showing Its effect principally In
the Interior, where the country buyers are
again running; prices up. A scramble seems
to be on to get what little choice blue
stem there Is left and between the ad
vancing; bids and the tightness of bolder
prices have been shoved up materially.
While the large dealers here quote blue
sicra on track at $1 OS and say they can
not pay more, country sellers are asking
on the basis of fl.ll and 1.12. It Is also
reported that a 2o.000-bushel lot of Big
Fend bluestem was sold on the basis of
$1.11. The Bctlvo movement In bluestera
has also affected other varieties of wheat
and higher prices are being Quoted all
along the line, club at cents, red Rus
sian at 8-5 cents, 40-fold and Turkey red
at 11.02.
Most of the business reported In wheat
yesterday was said to be for California and
for Northwest milling account. The millers
In this section are more disposed to take
hold now that the (lour market has been
restored to a normal condition.
All the world's wheat markets were In
good shape "yesterday. The London oable
of the Merchants Exchange quoted cargoes
firmer with Walla Walla for shipment Id
higher at tos. The Liverpool and Chicago
speculative markets were also higher. f
Weekly foreign shipments wera reported
by the Merchants Exchange aa follows:
Thin wk. last wk. I-ast yr.
Argentina f:t.wO I!"';-
ui;ralla Ils.oiio 40.00 S-0.000
India 192.000 S20.000 20S.O0O
The coarse grains were also strong. Some
sales of oats at 130 were reported with.
holders asking 150.50. There were sales of
barley at :S.
Local receipts In cars as reported by the
Merchants Exchange were:
Wheat Barley Flour Oats Hay
lnndav l 11 i "
Tuesday -l -
Wrinfiriav ... Si 9 Z
1
2
Thursday .... 1 - "
Friday & 10
Year ago 20 1
Season to date .5374 S"9
Year ago 70S0 1071
10 4
4
709 545 1265
27s 6U4 1394
NOT SO MANY HOPS ARE OFFERED.
Fewer Growers Are oa the Market Ship
ments are Large.
There were not as many hops on the
market yesterday as the day before and
fewer telephone calls came In from sellers.
This encouraged dealers to believe that with
a stay of offerings, the declining tendency
of prices may be checked. No choice hops
have been put up for sale this week and
practically ail the business done In Oregon
has been In the lower grades. Bales of these
mediums yesterday were at prices ranging
from IS to 17 cents. Among the lots sold
were SS bales, belonging to Lee Loy. at
Buttevllle. at lt cents, and a 30-bale lot
at 15H cents. Prime hops were quoted
unchanged at IS to 20 cents
An Interesting development of the mar
ket, and one that la likely to have a ma
terial effect later. Is the large shopping;
movement to London that Is under way.
The quantity going forward under consign
ment and otherwise, cannot have any ad
verse effect on the London market, but on
the other hand, will make the shortage
here more keenly felt when the American
brewers begin to place their heavy orders.
This Is the same plan that was tried a few
5 ears ago by M. H. Durst and others, but
failed because the English market waa then
well supplied with hops.
IMPROVEMENT IN POULTRY MARKET.
Shipping; Orders Absorb All the Dressed
Turkeys Offered.
The poultry market picked up yesterday
and closed In a satisfactory way. Receipts
were large, but the demand was strong
for everything and all supplies cleaned up.
There was no local demand for turkeys,
and none is expected befcre Monday, but
the shipping Inquiry was active. Buyers
at Seattle and other northern points placed
fair orders at the market price. Good tur
keys so:d at 21 and 22 cents and fancy
stock at 23 and 23 4 cents. Live turkeys
were firm at 17Ht?I8 cents. Chickens
cleaned up with 14 cents being paid for
good hens.
There were no new developments In the
egg. butter or cheese markets, all of which
were firm under an active demand.
Fruit Trade Is Slew.
A car of navel oranges, some express
shipments of grapes, and two cars of sweet
potatoes comprised the principal receipts
of the day. The fruit market all around
was slow and uninteresting, but there was
a good demand for vegetables. There were
no material changes In prices.
Bank Clearings.
Bank clearings of-the Northwestern cities
yesterusy were aa followa:
Clearinrs. Bslances.
Portland fl.427.HS4 ;X'3.13
Seattle 8,043.r.7 271.370
Tacoma P75.712 61.?r:t
Spokane 78.418 123.SOS
PORTLAND MARKETS.
tiraln. Flour. Feed. Etc.
WHEAT Irark prices: Bluestem. $1.09
club. Ofrc: red Russian. 6'4r: Valley, $1;
Turkev red. $1.02; -I'l-fold St. 02.
BARLEY Feed. $28; brewing, $2S per
ton.
Fl-Ors Patents. $T70 per barrel;
straight, $4 Hi; clears. I4.KO; exDOrts, 4.25;
Valley. $5 30; graham. $5; whole wheat,
quarters. S.1.20.
CORN Whole. $33.50; cracked. $34.60
per ton-
MILLSTfFFS Bran. $26 per ton; mid
dlings. $33; shorta, $27.50; roHed barley.
$2&30
OATS No. 1 white. $309 30.50 per ton.
HAT Timothy. Willamette Valley $15
19 per ton; Eastern Oregon, $1X620: alfalfa,
$1$S1; clover, $14; cheat. $13014.50: grain
hay. $14? 15.
Dairy and Country Produce.
BUTTER City creamery extras. Ie;
fancy outside creamery, 22ttO:j6o per lb.;
store. 2 to 9 24c Butter fat prices average
lc per pound under regular butter prlcea)
EG'.S Fresh Oregon extras. 424450
per dczen; Eastern. SJtflSo per dozen.
CHEESE Full cream tains. 17Wjtjlo per
pound; Young Americas. 18 G 19c
POULTRY Hens. IS H 14 wo: Murines
133 14c: roosters. 60 10c: duoka, 15
1-V-ac; geese, loc- turkeys. lU-e. ITHtf
ISo: dressed. 20tf23toc-
PORK Fancy. 10c per pounda
VEAL. Extras, llo per pound.
Vegetables and sTrolta.
FRESH FRUITS Apples, $10$ box
pears. $101.50 per boxj grapes. 60cO$1.25
per crate, 12 Vi m(o per basket) Spanish
Malaga. $7.50 per barrel: quinces. $1,269
1.50 per box: cranberries, "$9r 50 per bar
rel: persimmons. $1.50 per box.
POTATOES Buying prices: Oregon. 909
70s per sack; swet posatoes, ltS per
ponad.
TROPICAL FRUITS Oranges, 12.7561.
lemons, fancy, $4; choice. $; (rape-
fruit $3.5064 per box: bananas. S3S4
nor pound; pomegranates, $1.50 per box.
VEGETABLES Artichokes. 7Se per
dosen: beans. 10c per pound; cabbage, 9
lo per lb.: cauliflower. 0c$l 35 per ooz.
celery. 50ttS5c per dozen; eggplant. $1'
rer box: garlic. 10c per pound; horseradish,
fflOc per dozen; hothouse lettuce. 119
1.26 per box: peas. 10c per pound; peppers.
$1.50 per box; pumpkins. lHc; raaisnes,
15c per dozen; sprouts, ic per lb.; squash,
1181.10; tomatoes. 75c 3 $1.
SACK VEGETABLES Turnips. 75c
ner neb: carrots. II: beets. tl.15: ruta
bagas. $1.10 per sack: parsnips, $1.25.
bxiONS Oregon. 11.256 1.S0 per sack.
Provisions.
BACON Fancy, t"c per pound: standard,
!:c: choice. 21c: English. 20S-OH.
DRY SALT CURED Regular short clears.
dry salt. ISHc; smoked. IShic; short clear
backs, heavy dry salted, lattc: bum.
lme: Oregon exports, dry salted, 16c
smoked. 17c.
HAMS 10 to 12 pounds. 17c: 14 to 1
pounds. ITHc; IS to 20 pounds. 1714c: hams.
skinned. 18c; picnics. 13!ic; conago run..
15c; boiled hams. t4 025c; Dolleo. picnics.
21c.
LARD Kettle rendered. 10a, l.Hc; stan
dwrd pure, 10s. 164c; choice. 10s. 154c
I'nmMonH Ifts 11 lie.
cuiikei) KEEK Beef tongues, each, eOc
h.f .en 19c: dried beef outslrtes, 17c
dried beef Insides, tic; dried beef knuckles.
10c. . .
PICKLED GOODS Barrels: Pigs' feet.
$!3.50 ; regular tripe, $10; noneycomo u-ipo,
$12; lunch tongues, lis. so; mess urei, "
tra. $11; mess pork, $25.
PRICES OU EVEN
LIVESTOCK SfARKET HOLDS ITS
OWN IX GOOD SHAPE.
Top-Grade Cattle and Hogs Are
Moved Readily at Full
Prices.
The livestock market held Irs own In
onrl .h.r.a vesterdav and fancy stock again
sold at full prices. Two cars of fancy steers
were moved at 4.tt3 and good hogs Krougnt
$.5. The other sales, quality coramt,
Receipts were 1ST cattle, B64 hogs and
fift calves. Among the shippers were M. M.
Ufu-htiir of noldendale. Wash., with two
cars of hogs; E. Z. Ferguson, of Amity. Or..
one car of hogs; A. J - waierman, oi nn
,. of calves: Toney Brothers,
nt tiainM five cars of cattle: Kinsman A
Hall, of Heppner, one car of hogs; W. B
ift.rt-. of Rirlev. Idaho, two cars of hogs;
W H Koss. of Parma, Viaho. ono car of
hogs and Rosa Carney, ot Pilot Rock, two
cars of cattle.
The Raker Cltv Democrat reports the
movement of a large bunch of cattle to
thli market. It MVS:
At the Bowen ranch. Just south of the
city, there are being fed over 1300 head of
cattle, awaiting shipment rrom tnis cut
to the Portland market. Byam Brothers,
of Sllvle's Valley. Harney County, have tiTiO
head. Smith Brothers have 350 head. Of
these aa many will go out touay ana iw
mnrrmv as curs can be obtained for. A.
B. f-ullivan. of Cpper Burnt River, has 350
head, some of which will be shipped to
Portland and the others will be held In this
vnllev bm feeders.
Sales at the Portland Union stockyards
yesterday were:
Wt Price
Wt. irloe
41 calves. 270 r 2."
14 steers l-'73 4.-'5
4S steers 122S 4 OS
1 cow. . . S40 3.15
42 hogs.. 231 8.00
41 hogs.. 2J3 7.K5
13 hogs.. 116 6.75
27 calves. 402 4.00
S2 hogs.. 2:iti SOS
4 hogs.. 2-':t 7. HO
2 steers 670 3.1.1
21 steers 767 3.1.1
2 steers 8S5 S.lft!
Prices quoted at the yards yesterday were
as follows:
CATTLE Best steers. $4 M34 BS; fair to
good. 4'&4.25: medium and feeders. So. 50
r3.7f&; best cows. $3.r0"3.75; medium, IS
63.25: common to medium, J2.502.75
bulls. 22.50; stags, 12.&0fe 8.50; calves.
light. I5.25U5.&0; heavy. J4j 4.75
HOOS Best, tses.10; medium. $7,509
T.8S; stockers. 4U 4 76.
SHEEP Best wethers, 4 25 4.50; fair to
good. 13 7504: best ewes. 3.75jf4; fair to
good, I3.50rg3.73; lambs, 1563.85.
Eastern Livestock Markets.
301'TH OMAHA. Neb.. Nov. IB. Cattl
Receipts, SI; market. fr best steady, others
lower. Native steers, f4.&)4iS.25; cows and
hel'ers. ' 3.25t3.25: Western steers, $3.50
6.2a; cowa and heifers1, 52.854-50: canners.
I2.50S3.25: mockers and feeders, $2.755 25;
caives. S3. flK? i ; bulls, stags, etc.. 75&4.60.
Hogs Receipts 6"!i; market, steady to 5o
lower. Heavy. x.n.'cjR: mixed. i.&2f'5"7.05
light, I7W4l7.fi:,; pigs. I6.50Qf7.6o; bulk of
salee. 7.Ki-it'T.K.
Sheep Receipts 4O00: msrket, steady. Tear-
img sa.'jou6.i'o: seiner--. sj.ooo.trU; enes.
S4.23if4.S5; lambs). 16.757.50,
TURKEYS FUJI TEXAS
SEATTLE RECEIVES TWO CAR
LOADS OF FROZEN' STOCK.
Market Oversupplled With Eastern
Eggs Bluestera Wheat Held
at $1.10.'
SEATTLE. Wash.. Nov. 19. (Special.)
Bluestem wheat was held here today at
$1 10. Dollar wheat In the Walla Walla
district caused spirited trading, with nearly
all Interests purchasing grain. Sales of oats
were reported at $31. but that price is not
general.
Oregon eggs were advanced here today to
45c. Eastern eggs are In over-supply. Tur
key are firm at 26 to 2S cents, but dealers
are refusing to contract at all. Two car
loads of frozen turkeys arrived today from
Texas. Spring chickens are In over-supply
and weak, while good hens cannot be ob
tained at any price. t
Grapes dropped back to 90 cents on heavy
receipts from California by boat today.
The supply of fig and dates Is said to
be a little heavy.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce In the Bay City
Market.
SAN FRANCISCO, Nov. 19. The follow
ing prices were quoted In the produce
market today:
Vegetables Cucumbers. 75'ffpOc: string
beans. 3'iKk;; tomatoe. 25'fi65e: g-arlic, 49
Co: green peas. 3'f6c; eirgr-lant, 40675c.
tlillstufrs Bran. $2.5uzo: middlings,
$.".0 50 4:37.50
Butter Fancy creamery, 32HC-; creamery
seconds, SO He; fancy dairy. 29c.
Ekks HMre. 50c: fancy ranch, 55Vc.
Cheese New. lT91Sc; young Americas,
17t?18c
Hay Wheat. $1510; wheat and oats,
$146 17; alfalfa. $8$ 12: stock. $78tlo; bar
ley. $1013: straw, per bale. 50:970c.
Fruits Apples, choice. 75c ft 90c; com
mon. oOrtoe; bananas, 75efct3.50; limes,
$4fS5; lemons. choice. $.H.5bfo4; com
mon. $1.7562 75: oranges, navels, $1.5082. 75;
pineapples, $3'fi3.C0.
Wool south Plains and San Joaquin,
910c: Spring Humboldt and Mendocino.
13 915c
Hop ar523c per pound.
Potstoes Oregon Bnrhanks. $1.115;
Salinas Bui-bank $L23tfl.35; sweets, tlf?
1.26.
Receipts Flour. $62 qnarter sacks;
wheat, 1475 centals; barlev, 2fc20 centals;
beans. SPSS saolu; corn. 150 centals; pota
toes. 7S20 sacks; bran, lis sacks; middlings,
20 sacks; hay. 140 tons; wool, 140- bales;
hides, M 5.
Dried Frait at New York.
NBW YORK, Nov, 10. Bvaporated apples,
quiet. Spot, fanoy new crop, injure:
choir 1B0& eSlOHa; prima, at eommoa
to fair, SUfTftUe.
Prunes, nrm. California, IkfTUsi Ore
gon, ftfjOo.
Apriool, firm. Choice. 1!frllVil extra
choice, lUtfrHVo; fancy. 12tri31e.
Pouches, tirm. Choice. eijJo; extra choice,
TtyTeci fancy. 7Vec.
Raisins, firm ( ltfoe Muscatel, 465cj
choice to fancy seeded, fSiy.'i seedless,
XCrAHc; I-onrt,,n layers, $1.2oS1.2o.
Meol at sit. Louis.
ST LOUIS. Nov. 18. Woot, unchanged)
terrltery and Western mediums, 24fe29c
flee mediums, 13 lyase; fine, 14020c
TONE IS IRREGULAR
Conflicting Influences at Work
in Stock Market.
COPPERS AGAIN ADVANCE
General List,. However, Is Affected
hjr the Uncertainty Over Today's
Bank Statement Steel
Under Pressure.
NEW TORK. Nov. IB. There were con
flicting Influences at work In the stock mar
ket today, which gave It an appearance of
Irregularity. The unfavorable Influence waa
a doubt about the character of tomorrow's
bank statement. In favor of higher prices
was) the renewal of rumors of the progress of
the plan for consolidation of the copper-producing
corporations and asmimptlons growing
out of the Wells-Forgo "melon-cutting" of
other bonuses).
In the case of the copper stocks the ad
vance with which they started brought on
some realizing sales tbat- turned the prices
downwards again and resulted la considerable
uneettllneT of the general market. The same
was true of Union Pacific, which got an early
benefit from the renewal of talk of segrega
tion of assets on Its own account and Jrom
estimates of the value of Investment holdings
bv Southern Paciflo of Wells-Fargo.
Doubts over the' complexion of the bank
statement were due to uncertainty over the
after effects of last week's unexplained loan
contraction, as) much aa to the actual cash
loss Indicated by the preliminary estimates of
the currency movement. In these Ine total
of gold for export for the week ran up to
$5.4oo.uoo. The express movement with the
interior, however, yielded a considerable Dal-
ance in favor of New York and the Sub
treasury operations nearly $500,000 more, so
tlfAt the loaa of gold by exports seem to
have been reduced to under $2,000,000.
United States Steel waa quite steady under
pressure throughout the day and closed at a
small net decline In spite of the buoyant rise
at other points. The price movement became
feverish and excited later In the day, but uiq
not lose Its Irregularity altogether and closed
unsettled.
Honda- were firm. Total sales, par value,
$4,252,000. United States bonds were un
changed on call.
CLOSINti STOCK QUOTATIONS.
Cluing
Sales. High. Low. Hid.
Allis Chalmers pf. 2,200 50 Mi 6f
Auml Copper .... 83,500 Wis Hilt
Am Agricultural .. 20O 40'-, 4Ka ')
Am Rr Knirur 1 . VI Ht 47 U 4l
Am Can pi 2.&M M' 47i
Am Cr it Foun. 1.5JO 74 ,4;, i4
Am Cotton Oil .. S"0 bWn "
Am Hd & Lt pf. 400 47 4e-
Am Ice Securl .. 4,uo0 2Si4 25 271a
Am Linseed Oil .. loo 150s 15- lo
Am Locomotive .. l.loo 2', B2U 24
Am Smelt & Ref.. 20,3'JO 102 H'2l KJB-j,
do preferred ... 200 ll'iij 112fc 112
Am Sugar Ref .. l.UOO 124 124
Am Tel & Tel .... 23,200 M': 14a 144,
Am Tobacco- pf - - - 100
Am Woolen 100 35j 83li 35
Anaconda Min Co. 22,300 54i,4 52 53
Atchison 6.0iO 121V 120'i la.
do preferred ... 100 104 104 14
Atl CoaBL Line ... 1.SU0 l-Wlj TMH 13ol,
Bait & Ohio .7v0 1171s in
rt.-. r.rFrre,1 . lOO l2 92 01
Bethlehem Steel .. 1.B00 35"i ;i5 3514
Brook Kan Traa. 9,9u 78 . i la 'b1
Canadian Pacific .. 100 177 17i lnl
Central Leather .. 4,000 48 40? 4714
do preferred ... 2oO IDS lii 1085
Central of N J .. l.oow 315 8'S S15
Ches & Ohio 4.4IO o9 8S 8
Chicago Alton .. 5oo H .V 7"-i
Chicago Gt West. Vi'JO 20". 2oH 20'j
Chicago & N W.. 2.W0 1S4 1S414 13
C. M. & fit Paul.. 6.60O 157 150 150
C. C, C ft St L "7
Colo Fuel & Iron.. 11,200 52 5114 6rH
Colo Southern .. 40 5714 f7 57 Vi
do 1st preferred. 100 0014 euSi .
do 2d Dreferred 80
Consolidated Gas.. 21.600 149 142 14K
Corn Products ... 5"0 22' 2aa 22
Lei ft Hudeon .... I.TW lb isiia J!
D ft R Grande ... 8'0 841, 84
lUstlllera' Securi.. 200 37'., 37y4 36T4
Brio 6.0O0 34 3-'i 33 '4,
do 1st preferred, l.loo 00 4 4
do id nreferred. 1.2UO 41 40 40
General Electrlo .. 4.100 l4i 1631. 14
Gt Northern pf ... S.CO0 143', 142 142
Gt Northern Ore .. l,2oO 81 81 'a 81
Illinois Central .. 200 147 147 147
Interborough Me!.. 10.700 24 2314 234
do preferred ... .io Si o oo
Inter Harvester .. 1.200 111 l'i4 1101a
Inter-Marine pf S.40O 25 25 25
lnt Paper 2.700 16 16 15
Iowa Central -. 28
K C Southern 6.400 45 45 45
do nreferred ... 40 72 71 70
Louisville ft- Nash 4.0"M) 154 152 162
Minn ft St Louis. 30O oi'a -
f. St P ft S S M 2irf 136- 136 130
Missouri Pacific. .. 5.100 72 71 7114
Mo. Kan & Texas 16,500 6o 49 50
do preferred to
National Biscuit .. 100 114 114 114
National Lead ... 2.600 88T4 b !
Mcx Nat Ry 1st pf 55
N Y Central 2,400 133 132 13.1
N Y. Ont ft West. 1.7"0 4la 47 4
Norfolk ft West. IfO "
North American .. 1"0 79 79 iu
Northern Paclflc .. 800 145 344 144
Pacific Mall 6.100 4.1 44 45
Pennsylvania 10.MO 134 133 133
People's Gas 3.000 114 113 314
P. : O St L... 100 Wi tw. S5
Prewed Steel Car. 800 64 54 54
Pullman Pal Car. 193
f!v Kleol Rnrlnir .. 200 50 50 60
Reading 232.4O0 370'i 1H 170'4
Republic Steel"... 4.SOO 4R 4! 4
do prererred ... 4"0 ni l"
Rock. Island Co.. 4.4fO 4o 4i 4o
do nreferred ... i0 80 SOU so
St L ft H F 2 pf- 2-200 57 65 6
St L Soiithwestern 4,700 33 33 33
do preferred ... 4' i is iSU
3I.Mr-Sliefrield 4"0 89 R9 R
Southern Pacific .. 23.100 130 ); 130
Southern Railway. -S.X" 32 S1T4 S2
do ni-eferred ... imo 71 ii i"
Tenn Conner 9O0 41 40. 40
Texas ft Paclflc .. S.O00 3.". 35 3.".
Tol. St I, & West, l.ono M o.t 5.
do preferred ... 11
Union Pa. lfl 63.SOO 2 R 2-'3 2"4
do preferred ... 2.w JiM J J'
s itealty rf"" rv-- - . - a
U S Rubber
fl.300 54 63
63
U S Steel T2.400 91 9o ;i
do preferred ... 7'0 -' 12 120
Utah Copper 2K.50O 2 59 2
Va-Caro Chemical. 8,pn0 6n 49 Ro
Wabash 1.4 2" 2o 20
do nreferred ... 2"0 6" M 53
Wetrn Md o 34 84 34
WeMlnehmise Eleo 8oo R7 86 S6'4
Western Union ... 5.100 81 79 80
W heel ft L Krle
Wisconsin Central 5 0
Total sales for the day. 893.500 shares.
Money. Exchange. Ktc.
NEW YORK, Nov. 19. Prime mercantile
paper, 55 per cent.
Sterling exchange firm with actual busi
ness In bankers' bills at I l.s;;40 4.8350 tor
60-day bills, and at $4.8735 for demand;
commercial bills, $4.82 4.83.
SAN FRANCISCO, NOT. 19. Sterling on
London. 60 days. $4.83; sight. $4.67.
Silver bars, 50 c.
Mexican dollars, 45V
Drafts, sight, 8 per cent.
Drafts, telegraph, 7 per cent.
LONDON. Nov. 19. Bar silver steady. 28s
per ounce.
iMoney. 3S4 per cent.
The rate of discount In the open market
for short bills Is 4 4 per cent.
The rate of discount In the open market
for three-months bills Is 4 04 par cent.
Consols for money. 82 per cent.
Consols for aooount, 82 psr cent.
Dally Treasury Statement.
WASHINGTON. Nov, 3. The condition ef
th Treasury at th beginning ef business to
day was as follows:
Trust funds
Oold ooln .....,...,$BMl,J60.fii
Silver dollars) 4r.84.1.ri0
Silver dollars ef 1690 4,oru.r0o
Silver oertinoata) outstanding ,,, , 4 T, 1448, 000
General fund
Standard sllter do liars In general
fund , 1,611,843
Current llabllttlee) , , , 16.533,510
Working balance In Treasury offices 27,420,413
In banks to credit of Treasurer of
United States , 8.687,153 t
niiimuiAi-y silver coin lu, i na.
Minor eoln 1,4fttt,418
Total balance In general fond 81.76O.U03
Metal Markets.
SCBW YORK. Nov. 3 Th market for
standard oopper n tbs him YucL iMets.1 Ei-
hange waa nrna but ejnlst today, with spot
and November closlrg at $18.2613.60. Decem
ber at $13.35'S'13.e5c. January at $13.40
18.78c, February at $13.5013.85e and March
at $13.60'13.90c. The London market waa firm
and higher, spot eloping at 60 10s and fu
tures at 61 15s. Local dealers quote Lake
copper at 13.5013.75c. electrolytic at 13.37
13.60c, oaerting at 13-S2ei3.37c It Is re
ported that the proposed merger ot the big
producers has greatly stimulated the demand
for the metal and that the market la In a very
firm position.
Tin waa strong, with pot closing at 31.16
81.80c, November at 31. 16631.35c, Deoember
at Sl.20S31.4Oo. January at 31.303l.50c Feb
ruary at 81.25S31.60c and March" at 31.30
31.50c. The London market waa strong and
higher. Spot closed at 141 15s and futures at
143 17s 6d.
Lead, steady. Spot quoted at 4.87
4.42o New York and 4.2064.25c Baet St.
Louis'. The English market was unchanged
at 13 2s 6d.
Spelter closed steady, with spot quoted at
A.356.45o New York and at .20S8.25c Bast
St. Lou la. London was unchanged; at 23 6
The English Iron market waa higher at 61s
4d for Cleveland warrants. Locally Iron
was unchanged.
London Bullion Movement.
LONDON. Nov. 19. Bullion amounting to
97.000 was taken into the Bank of England
today and 600O was withdraw for ship
ment to South Africa.
SPREAD IS WIDENED
DECEMBER WHEAT ADVANCES
AXD MAY DECLINES.
Shorts, Afraid of a Squeeze, Bid Up
the Price of the Former
Option.
CHICAGO. Nov. 19. Increased congestion
In th December delivery caused a further
advance in the nrloa of that option in th
wheat market here today, the high point
of the day being reached at $1.08. Dis
tant deliveries were Inclined to drop. Actlv
demand for the December delivery and a
consequent widening of the spread between
that option and the May delivery was the
feature of trading. Many nf the smaller
shorts, alarmed at the prospects of a
"soueeae." were urgent bidders nearly all
day, but offerings were light part of the
time. The range on December delivery for
the day was between $1.08 and l.u.
while May sold between $1.05 and $1.06.
At the close the December option was well
un toward tHe ton at $1.08. but the
more distant deliveries were almost at the
bottom, with May at $1.05. '
Trading In corn was Inclined to drag
throughout the day and prices moved over
a narrow range. The close was easy wltn
prices a shade to c below the pre
vious close.
Oats were weak. At the close prices were
unchanged to c lower.
Provisions closed S to J7o lower.
The leading futures ranged as follows:
WHEAT.
Open. High.
$1.08 $1.08
1.05 1.06
.97 .97
CORN.
.6014 - .60
.61 .61
.60 .61
OATS.
.59 .39
.41 .41
.39 .49
MESS PORK.
Low.
$1.08
1.05
.96
.69
.61
.60
Close.
$1.08
1.05
.96
Dec
May .
July
Dec. . .
May. ..
July. ..
.60
.61
.61
Deo. r . . ,
May. ...
July.
.39
.41
.39
.39
.41
.39
Jan. ..
May...
20.97 21. 05
19.95 20.00
10.72
19.85
10.7S
19.85
LARD.
Nov...... TJ.10 IS. 15 13.10 13.15
Jan 11.95 11.97 11.87 11.90
SHORT RIBS.
Jan 10.67 10 70 10.60 10.60
Mai' 10.40 10.42 10.37 10.87
Cash quotations were as follows:
Flour Firm.
Rve -No. 2, 76 c
Barley Feed or mixing, 51 63c; fair to
choice malting. 6867c.
flax seed No. 1 Southwestern, $1.72; No.
1 Northwestern, $1.82.
Timothy seed $3.75.
Clover $9. 5(1 14.
Pork Mess, per barrel, $28.76624.
Lard Per 100 pounds. $13.20
-Short ribs Sides (loose), $11.87
"side Short, clear (boxed), $11.62
11.75.
Grain statistics:
Total -clearances of wheat and flour were
equal to 655.000 bushels. Exports for the
week, as shown by Bradstreel's, were equal
to , 186,000 bushels. Primary receipts were
714,000 bushels compared with 1,297.000
bushels the corresponding day a year ago.
Lstimated receipts for tomorrow: Wheat,
30 cars; corn, 130 cars; oats, 11$ ears; hogs,
13,000 head.
Receipts. Shipments.
Flour, barrels.." 24.600 82.000
Wheat, bushels 10.600 49,600
Corn, bushels 122.600 11,300
Oats, bushels 214.200 196,500
Rve. bushels... 4.000 4.(ou
Barley, bushels 67.700 62,600
Grain and Produce at New York.
NEW YORK. Nov. 19. Flour Receipts.
46,348 barrels; exports, 5170 - barrels. Slow
at old quotations.
Wheat Receipts,- n.iw nusnets; exports,
201. K.IK bushels. Snot, firm: No. 2 red.
$1.25, nominal, f. o. b. afloat; No. 1
Northern Duluth, $1.17 nominal, f. o. b.
affoat; No. 2 hard Winter. $1.21. nominal
f. o. b. afloat. Fear of manipulation in
December held wheat firm today, but near
the close prices gave way with moderate
selling and the close Was at c net ad
vance for December and s lower to c
higher for other positions. A Northwestern
authority estimates that there are left 108.
000,000 bushels of the Spring wheat crop
to last until next season. December closed
$1.17; May closed $1.12; July closed at
$1.04.
Hops wuiet.
Hides Firm.
Wool Steady.
Petroleum Steady.
Grain at San Francisco.
SAN FRANCISCO. Nov. 16. Wheat firm,
barley steady.
Hpot quotations:
Wheat Shipping, tl.S0Sl.S5 per cental;
milling, $1.S34 per cental.
Barley Feed, $ 1.45 1.47 H per cental;
brewing. 11.47 S 1.4S per cental.
Oats Red, Jl. 601. 70 per cental; white.
l.S7'Vi 1.65 per cental; black, 2.4032. 95
per cental. v
Call board sales: Barley May, $1.50
1.51 per-r.ental; December,. $1.45U per cental
bid $1.46 $4 per cental asked.
Grain at Minneapolis.
MINNEAPOLIS, Minn., Nov. 10. Wheat-
December. (1.044; May. tl.061,. Cash, No. 1
hard. $1.06l.O74; No. 1 Northern, 1.06
1.0694; No. 2 Northern, fl.O4i4S1.04; No.
S Northern I.08ttrl-04.
Flax 1.80.
Corn No. 8 yellow, 60i619ic.
Oats No. 8 white, 374j J814C.
Rye No. 2, 68146ec. "
European Grain Markets.
LONDON, Nov. 10. Cargoes firmer. Walla
Walla, for shipment, 8d higher, at 40c
English country markets, firm. French
country markets, quiet but steady.
LIVERPOOL, Nov. 19. Close 1 Wheat
December. Ss ld; March, 7s Biid; May,
Ts Tttd. Weather, cold.
Grain Markets of the Northwest,
LBW1HTON. Idaho. Not, 18, (Spe-etal.) .
Grain market, unchanged. Wheat Blue
stem, OSci 40-fold, 5c; clun and Turkey
red. Me; red Russian. 7Do.
Oat L151.20,
Barley Feed, 1.10i&1.13Uo.
TACOMA, Wash.. Nov. 3fc Wheat dUtll
Ing; Bluesium. $1,084 "lt, ftMwUs va. Ex
port wheat; Bluestem, tl.Ofi olub, U7o red
Russian, U5o,
BBATTL13, Wash,, sio, 13, Bxpart whea
Bluestem, ljt)f)io-i club and lira. flt,oi
red Russian. 63 U 0,
BOBTdH WOOI. M ARKET la STKONO,
In Sympathy With Foreign Conditions Re
ceipts and Shipments.
BOSTOS, iov. 10. Tne Commercial Bul
letin will say of the wool market Saturday;
The mills are buying moderate quantities
ef all kinds ef territory wool, as well as
clothing, short wools and some foreign cross
breds. The total business, however, is only
moderate and ne material inorease inatrad-
i : 11
Lumbermens National
RESOURCES.
Loans and discounts(
Overdrafts '
U. S. bonds to secure circulation
Other bonds and premiums
Real Estate
Furniture and firtures
Due from U. S. Treasurer
Due from banks "
Cash ... ....
Capital
Surplus and undivided
Circulation
Reserve for taxes .. ..
Dividends unpaid ..
Deposits
Total s.
ing la looked for until heavyweight goods
are opened. The market Is Btrong in sym
pathy with foreign conditions.
The shipments of wool from Boston to
November 18. inclusive, were 235.5ti9.892.
pounds against 166,899,602 pounds for the
same time last year. The receipts to No
vember IS, Inclusive. were 381,631,518
pounds against 240,329,-307 pounds in the
same period last year.
Bank Clearings.
Bradstreet's bank clearings report for the
week ending November 18 shows an aggre
gate of $3,498,156,000 as against $3,699,923.
000 last week and $3,400,275,000 in the cor
responding wek last year. '
P. C. Inc.
New York
Chicago ..........
Boston
Philadelphia
St. Louis
Pittsburg
Kansas City
San Francisco . . .
Baltimore
Cincinnati .......
Minneapolis
New Orleans .....
Cleveland
Detroit
Omaha
Louisville
Milwaukee .......
Fort Worth
Los Angeles
St. Paul ,
Seattle
Denver
Buffalo ...
Indianapolis ......
Spokane, Wash. . . .
Providence .......
Portland. Or. .....
Richmond ........
Albany
Washington. D. C.
St. Joseph .
Salt Yake City . .
Columbus ........
Memphis
Atlanta
Tacoma
Oakland, Cal. ....
Helena ,
Houston ..........
Galveston
$2,170,717,000 '1..4
279.833,000 4.4
191.185,000 .6.
154.873.000 9.9
78.040,000- 14.8
61,565,000 2.0
51.997,000 14.2
47,467.000 18.6
54,286,000 23.8
27,621,000 6.4
30.059,000 21.3
23.412,000 17.9
22.041,000 33.3
18,405.000 2.7
14,399,000 1.0
13,360,000 2.1
14.385.000 19.2
8.170.000 11. S
15.999.000 41.2
12.605.000 5.8
15.400.000 54.3
10,603.000 6.3
10.308,000 11.1
9,856,000 16.6
4.771.000 33.4
11.198.000 43.4
9.469.00O 29.2
8.066.000 27.9
7.027,000 9.8
7,090,000 .9
6.365,000 15.8
- 8.873.000 1.2
6,061.000 18.1
7.870,000 12.8
13.855,000 14.8
8.281,000 81.2
1.791,000 1.1
1.132.000 12.7
28.232,000 12.4
15.151,000 22.
Decrease.
New York Cotton Market.
NEW YORK. Nov. 19. Spot cotton closed
Quiet, lo nolnts lower. Middling uplands.
14.80c; middling gulf, 13.05c. Sales, 5X
bales.
Futures closed Arm. Closing bids: Novem
ber, 14.45e; December, 14.50c; January.
34.68c: February, 14.79c: March, 14.93c
April. 14.90c; May, 16.08c; June, 16.02c; July,
15.08c August, 14.3Sc; September, 13.07c
Ctober. 13,73e,
Portland
Seattle
Spokane
Downing-Hopkins Co.
BROKERS
Established 1893.
ROOMS 201 - 204 COUCH BLDO.
STOCKS AND BONDS
GRAIN
PRIVATE
WIRES
TRAVELERS' GUIDK.
, TO VISIT THE COCrrTRIBS OUT
South America
Ottered In the 18. 200-mile erotse ef she
S. S. Blucchcr
Leaving New York, Jaa. 22, 1910
lasts 81 oars and costs from 83S0
upward.
' Atss cruises to the West ImBes sad Orient
HAMBURG-AMERICAN XJNT5
160 POWELL ST.. SAN FRANCISCO.
SAX FRAN. PORTLAND B. 8. CO.
From Alnsworth Dock, Portland. 4 P. M.
3. Kansas City, Nov. 28. Dec 10.
SS. Rose City, Dec. 3, 17, etc
From Pier 40. San Francisco, 11 A. M.
SS Rose City. Nov. 27, Jer. 11.
SS. Kansas City, Dec. 4, IS.
M. J. ROCHE, C. T. A., 142 Sd St.. J. W.
Ransom, Dock Agent. Alnsworth Dock. Main
402; A 1402. Phones Main 268; A 1234.
WINTER SERVICES TO THE
MEDITERANEAN
IT A IV Large Steamers Moltke. Hamburg,
HAL I Cincinnati, from New York,
7II T Nov- 18. Dec 9, Jan. 6. 29. etc
NILE. TRIPS by splendid steamers of
Hamburg St Anglo-American Nile
Co.
EXCELLENT ROUTTC TO THE
WINTER RESORTS OF
SOUTHERN JECROPJE.
NORTH PACIFIC S.S. CO.
For Eureka San Fran
Cisco and Los Angeles
direct, 8all every Tues
day at P. M. Ticket
office lit Third, near
Alder. Phones M. 1314.
A 1814. Send for folder.
H. YOUNQ, Agt.
COOS BAY LINE
The steamer BREAKWATER leaves Port
land every Wednesday, 8 P, 1L, from Alns
worthdock, for North Bend. Mansfield and
Coos Bay points Freight reoelved until 4 P.
M. on day of sailing. Passenger fare, first
class, 810; seeond-olasa, 87, lnaludlng berth
and meals. Inquire city ticket office. Third
and Washington street, sr Alnsworth dock.
Phase Mala 268.
STATEMENT OF CONDITION OF .
At the Close of Business Nov. 16,
LIABILITIES.
profits
..........
...........
CONDENSED REPORT OF
THE UNITED STATES
NATIONAL BANK
OF PORTLAND. OREGON
Submitted to the Comptroller of the Currency at
the Close of Business Nov. 16, 1909.
. ASSETS
Loans and Dis
counts $3,455,028.98
United States
Bonds at Par. .. 754,000.00
Municipal and
Eailway Bonds. 996,610.97
Bank Building.... 125,000.00
Cash and Ex
change 3,198,939.89
$10,529,579.84
Attest Correct:
Statement
Ladd & Tilton Bank
November 16, 1909
RESOURCES
Loans and Discounts
Overdrafts -
Bonds and stocks
Bank premises
Cash on band and due from banks ..
Total
LIABILITIES
Capital stock fully paid
Surplus and undivided profits.
Demand deposits
Time and saving's deposits....
1
Total
OFFICERS
W M. Ladd, President R, S. Howard. Jr., Asst. Cashier
Edward Cookingrham, Vice-Pres. J. W. Ladd, Asst. Cashier
W. H. Dunckley, Cashier Walter M. Cook, Asst. Cashier
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insures against slipperiness and falling horses.
It insures against cracks, disintegration and costly repairs,
h assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
' It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST.
WARREN CONSTRUCTION COMPANY
S17 BECK BUILDING, PORTLAND, OR.
BtaMMmBlttmBSSUr A ssssssssssBBHsa!
I CDnarfl
Offer
and
Largest
VSAXONIA"
Far Fid Particulars and
u to vx y .j'
THE CUNARD STEAMSHIP CO.. Ltd.
New Tark. Boston, Cnleago, Hlnnsapolla. Philadelphia. St. Urals,
San Francisco, Toronto and Montreal, or Local Acants.
TRAVELERS GtTCDB.
NFW 7FAI 1NTI yeTr Btrvlaa via Tahiti.
Win aibrUirUti T!t?iriil South Sa Toura
AUSTRALIA ??,r..5ft-
the 'World's Wonderland. Geysers, Hoi
Lakes, etc The favorite S. S. MarlDosa
saus rrom sjan Francisco Nov. 27. Dec. 28.
etc., connecting at Tahiti with Union Line
for Wellington, N. Z. The only passenger
line from Tj. 8. to New Zealand. Wellington
and back. 280; Tahiti and back. $125. 1st
class. SOUTH SEA ISLANDS (all of them),
three months' tour, $400. Book now lor
sailings ef Nov. 22.
lino to Hawaii, 1tO round trip. Sailings
every 91 days. (X E1MC S. 8. CO., 6TS
Market street. San Francisco.
Bank
1909
$1,664,984.93
8,190.66
250,000.05
220,239.87
800.00
28,237.65
$ 12,600,00
836,946.84
466,619.02 818,064.86
$2,883,617.97
250,000.00
40,756.63
250,000.00
2,925.00
169.60
-V -- 4
2,339,666.94
...$2,883,617.97
LIABILITIES
Capital
Surplus
Undivided Profits
Circulation
Deposits . . ,
$ 500,000.00
500,000.00
197,274.73
495,800.00
8,836,505.11
$10,529,579.84
J. C. ALNS WORTH, President.
of Condition of
..$ 5,557. 813.68
25,071.86
. . 5,096.571.94
75,000.00
.. 8.919,423.64
.J14, 673, 881.10
t 1,000,000.00
602.200.27
, ..7,B82.899.B5
... 6.638,972.28
ia.0Tl.m.88
$14,673,881.10
the unsurpassed in Luxurious
Comfortable Ocean Travel
By the great 20,000 too (teamen
CARONIA" Nov.27, Jan.8, Feb. 19
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triple - tcrew turbine in the World
d 0a
Dec. 4, Feb. 5, Mar. 19 V
Twin-Screw, 14,300 tons
Rmrration apply la
f$amburg-merican.
All Modern Safety Devices (Wireless, etc.).
LOXDON PARIS IL1MBCRG.
Pennsylvania Nov. 27Pres. Oram. ..Dec. 25
Waldersee. . . .Dec. ijKalserln A. V.. Jan. S
tAmerlka. .. .Dec. lljtPennsylvanla. . Jan. 8
Bulgaria Deo. 18,tG. Waldersee. Jan. 1.
tHits Carlton a la Carte Kestaurant.
'Hamburg direct.
If A I V Gibraltar.
M. M. XL X Naples and Genoa.
8. S. HAMBURG, Jan
8. S. MOLTKE. Dm. . Jan. It
Tourist Dept. for Trips svsrywhere.
Hambarg-AmerieaQ line, 100 Powell t.,
San Francisco, and JLroeal Agents. Portland.
A
fsBsassxasBsss,' ssltsssSsssssssassJ