Morning Oregonian. (Portland, Or.) 1861-1937, January 06, 1910, Page 17, Image 17

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    TIIE MORXIXG OHEGOXIAy, THURSDAY. JANUARY 0. 1010.
17
LIS
Number of. Sheep Is Decreas
ing All Over the World.
PRICES TENDING UPWARD
Slow Trade Expected This Month la
Grain Markets Cold Weather
Checks Produce
Business.
There is a healthy boom in the wool mar
kets all over the world. Traders hene and
rn the Cast believe that last year's price
will be duplicated, while growers seem con
fident that the strength of the mark-at will
result In prices this Spring- going above
last year's level.
In summing up the reasons why wool Is
firmer all over the world, a writer In tha
Boston Commercial Bulletin says:
The drought in Australia Is claimed to
have destroyed 15 per cent of the sheep and
this has turned the attention of buyers more
largely to New Zealand. Agents are cabling
home for more latitude. A result of the In
creased demand is higher prices. Owners of
domestic V and fleeces are raising their
views of wool values and some lotB have
been advanced 1 cent per pound above
their former asking prices, as It la claimed
they cannot be duplicated. The drought In
South America has also shown buyers that
they cannot depend upon that country as
well as Australia for fnir supplies, owing
to those periodical times of drought.
looking back to Europe for a supply we
find that Europe lost 10 per cent; Asia,
nearly double that amount, so that the
world Is confronting the fact that the num
ber of sheep Is decreasing. Steadiness In
values Is expected as a result, and looking
over this situation In wools the present
prices are claimed to be justified by th-e un
controllable laws of .supply and demand,
which are makers of values and are re
sponsible for oresent prices and keeping wool
on a higher plane than formerly. They are
higher now than for ten years previously.
In 1905 prices were high and in 1909 still
higher, and are Justified by the facts as
stated. W Import, proportionately, more
i clean wool than we raise and the duty paid
cost Is going to be the factor that determines
price. ,
LOCAL GRAIN MARKET IS QUIET.
Dealers Do Not Look for Much Business This
Month.
The grain markets are all quiet, and the
Scalers look for but little trade this month,
as most of them are well stocked. No local
business -was reported in wheat yesterday,
but there was a little trading on the Sound.
As for the California buyers, they are for
the pret?nt entirely out of the market. All
cereal prices were quoted unchanged yester
day. Local receipts, in cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 71 7 20 4 17
Tues.lay 41 3 5 8 4
Wednesday .... 24 3 10 3 9
Tear ago ...... 3 1 3
Seuson to date.. 7, 175 1,083 1,179 907 1 614
Tear ago S.736 1.314 S92 670 1.714
POULTRY SELLS AT HIGH PRICES.
Receipts Are Small and Demand Good Egg
Arrivals Larger.
- There was a strong demand for poultry
yesterday and very little came In. Chickens
lout at a wide range of prices. Some deal
ers disposed of their hens at 16 cents, white
others got IS cents. Spring chickens ranged
from 18 to - 20 cents, the top price being
paid for two-pound size. Ducks sold well at
lstff'Oc. and geese w.ire quoted at 1J cents.
There was not much Inquiry for turkeys.
Egg receipts were the largest for several
days. A good portion of the receipts was
thought to be held eggs, out at any rate the
large arrivals had a weakening effect on the
market.
City Creamery butter cleaned up well, but
the market would have been firmer but for
the froe offerings of Eastern and California
outtcr, some of It as low as 81 oonts. The
cheese market was unchanged.
Hawaiian Sugar In Transit.
Shipments of sugar from Hawaii have
been resumed. The Honolulu Plantation
Company Is ngain offering its cane sugar
and a quantity is now on Its way and will
be here within a week. This sugar has ot
been on the market for several months, be
cause of th.3 Hawaiian strike, but now that
the trouble has been adjusted, the refiners
expect to continue shipping sugar without
Interruption.
The sugar market generally is on a firm
basis. Prices on th. Atlantic seaboard
were advanced 10 cents a hundred yester
day. Cold V-;iilier Checks Fruit Trade.
The continued cold weather has materi
ally interruptod the fruit and vegetable
trade. In the fruit line, practically noth
ing was done yesterday except In oranges,
which were very firm. The prico of cab
bage has boon advanced to 1(S2 cents.
A car of cauliflower is clue today. A Cali
fornia wire reported that owing to cold
weather in the celery districts, celery Is not
sizing up well.
New Pack torn Offered.
New pack 1910 ,rri. also fancv Maine
.corn. are being oftVi.,l by ..me of the lo
ral brokers. prices or standard Iowa and
Illinois corn are about the same as last
year. Fancy Main., corn Is about 10 cents
lilglwr than the opening last year.
Bank Clearings.
Rank clearings cr the Northwestern cities
jvsterduy were as follows- cities
rorti.mi $-lTs$!?;s- bj.'.?s?0
Rattle 2.13.-!.7!.2 loooil
- S.14.S6.'. 47S7.
t,Mkam' 913.94S lOlUio
I.lnoerd Oil Advances Again.
Another .1-cent advance In linseed oil
PMcos was announced yesterday. The new
quotations ,e: ilaw, barrels, -84c; cases
c: boiled, parrels. S6c: cases, 91c.
WEIIAND MARKETS.
Grain. Flour. Feed. Etc.
o!,o,'";AT Tr.ak Vces-- Bluestem. $1.20;
11 v.Vr L'V- KuMian. $1.09: Valley, $1.10.
per n,n a"J brewlnS. S0ffi30.5O
FLOUR Patents. $6 S5 per barrel-
IlT-,'-!? h,i,e' -'-) 9 S3 per ton.
Track priros; T'mothv- ivn
rtte Valley. $lsV,20 w tin? KMttrn Ore
son. J IS'i. 21..-.0; alfalfa. i:r - 1
1C?1T; cheat. lUT'tSaR
. rialry and Country Produce.
BITTED-city creamery extras. S1--fanc-y
outside creamery. 3439c per lh--tore.
!2a24c. (Butter fat price. Pa"r,
live. 19 ii 20c: UrS: 22BC 28c. 3C: turkBJ
EGOS Fresh Oregon extras. 419 45c Der
lu" cream twins, lSffllsuic
P w, wi'-r",i. younS- Americas. IDlS'loSc.
ST1'5'' 10 I" He per pound!
-VP.AI Kiras. nai;i,c per pound?
Vegetables and Iruits.
FRESH KRUITS Apples. $lej box.
paarfc lffl.60 per boif Spanish Malaga!
WHY
10
F I R M
7tr?7.50 per barrel: eranberrles. 9 per bar
rel: persimmons. SI. 50 per box.
POTATOES Carload buying price: Ore
gon. 656S5C per tack; sweet potatoes. 2c per
pound.
TROPICA 1. FRTTITS Oranires. $2S2.75;
lemons, fancy, S5.50; choice. 94.50; grape
fruit J3.50S1 per box; bananas. 66e
per pound; pomegranates, SI. 50 per box
Japanese oranges. $1.65 per bundle; tanger
ines. $1.7." per box.
VEGETABLES Artichokes. $11.!5 per
dozen; beans. 10c per pound; cabbage. $1.75
2 per hundred; cauliflower, ?:i.25'&'1.76;
dox. ; celery. $3.50 per crute; eggplant. $1.75;
hothouse lettuce. llv35S1.50 per box; peas,
10c lb.; garlic, 10c lb."; horseradish. 12V-C
per pound; pumpkins, mlhio: radishes.
2oc per doz. ; sprouts. 6g7c per lb.; squash.
lTlScc: tomatoes, $1.50(5)2.25 per box.
SACK VEGETABLES Turnips. 11.50 per
Jl'sV carrota- - 1; beeta. J1.50: parsnips.
ONIONS Oregon. $1.50 per sack.
Groceries. Dried Fruits. Etc.
DRIED FRUIT Apples. 10c per pound;
peaches, SHc; prunes, Italians. 405ci
prunes. French. 4-f$5c; currants. 10c; apri
cots. 12c; dates. 7 He per pound.
SALMON Columbia River. 1-pound tails.
$2 per dozen; 2-pound talis. 42.03; 1-pound
Sats. J.2.1014: Alaska pink, 1-pound tails.
0c; red. 1-pound tails, $1.45: sockeyes. 1
pound talis. $:.
COFFEE Mocha, 245128c; Java, ordinary,
lie 20c; Costa Rica, fancy 18S20c: good.
1618c: ordinary. 12i(S18c per pound.
XLT-rWa!nuti lie per pound; Brazil
??! ;3s &l"c; Alberts. 1617c; almonds.
J,?'in.,'c; chestnuts. Ohio. 20c; cocoanuts.
90cr$l per dozen.
BEANS Small white. 614c: large white.
4 -4 c; Lima, 614c; bayou. 6i4c; pink. 4Vic;
rea Mexican, 7c.
.-,lJaAR Dy granulated, fruit and berry.
Ju.Ja; beet 0.i5; extra C. S5.45; golden C.
3 Jo; cubes (barrel), $0.35; powdered
(barrel). $6.20. Terms on remittances
within lo days, deduct per pound, if
later than 13 days and within 80 days, de
duct He per pound. Maple sugar. 15 16c
per pound.
SALT Granulated. $14 per ton. $1.80 per
bale: half ground. 100s. $8.60 per ton; 60s.
$9 per ton.
HONEY Choice. $3.238.50 per casa
Provision.
..BACON Fancy. 2 7o per pound; standard,
t.'dS"?1'18' 21: English. 2020fcc.
DRY SALT CURED Regular short clears.
SrMlti 154C; moked. 16iic; short clear
?? ry salted, loiic; smoked,
'-. Oreson exports, dry salted. 16c;
smoked. 17c.
HA.,MST;1,a 13 Pounds. 17Hc; 14 to 1
pounds. 17c; 18 to 20 pounds. 17Vjc; hams,
kmned. ISc; picnics. 1314c; cottage mils,
loc; boiled hams. 2425c; boiled picnics.
LARD Kettle rendered. 10s, 17ic; stan
dard pure, 10s. 16 Vic; choice. 10s. 15 14c.
Compound, 10s, 11 Vic.
SMOKED BEEF Beef tongues, each. 0c;
Jr ed beef sets. 19c: dried beef o'utsides. 17c
lie insides. 81c: dried beef knuckles.
.if !FLED GOODS Barrels: Pigs" feet,
S1J.60; regular tripe. 110; honeycomb tripe.
$12; lunch tongues. $19.50; mess beef, ex
tra. $12; mess pork, $25.
Hops, Wool. Hides. Etc.
HOPS 1909 crop, 2021c; olds, nominal.
WOOL Eastern Oregon. 1623c pound:
olds, nominal.
MOHAIR Choice. 25c pound.
A5CARA BARK JV4c per pound.
HlDiws Dry hides, lKrglsy-c p(,r pound;
dry kip, ISI&ISVsC pound; dry calfskin. 19
.21c pound; salted hides, uloy.c; salted
calfskin, 15c pound; green, lc less.
FURS No. 1 skins: Goatskins, 15c
I-25: badger, 2500c; bear, 6'20; beaver.
$8.E0rg!8.5O; cat. wild. "SclSfl.50; cougar,
perfect head and claws. $310: fisher,
dark. $7.60011; pale. $4.907; fox, cross.
$JP5: fox. gray, 6O80c; fox red. S35
fox. sliver. $353100; lynx. $815; marten,
dark, $8(312. mink. $3.50S.5u; muskrat.
Tfao-tter- 10250. as to size and color;
Jo8,2nc; otter. $2.504: raccoon. 8075c:
skunks. IS580c; civet cat. 100 15c: wolf,
J3S3.50; coyote, 75cSl.2n: wolverine, dark.
$3(&5; wolverine, pale. $22.50.
Oils, Turpentine. Etc.
COAL, OIL Pearl, astral and star, cases,
lUc per gallon; eocene, cases. 22c per gallon;
Elaine, cases. 28c per gallon; extra star,
cases, 22c per gallon; water white. Iron bar
rels, ili4c per gallon; wood barrels, I6V1C
per gallon; special water white. Iron barrels.
lic per gallon.
GASOLINE Red crown and motor gaso
line. Iron barrels. 10c per gallon; cases. 23c
per gallon; 86 gasoline, iron barrels, 30c per
eai'?." SasM- :17 PT gallon.
1. M- and na',lh' iron bar-
r-is. laiic per gallon; cases, 20V&C per gal
lon: engine distillate. Iron barrels. 9o per
gallon: cases. 1 0c per gallon.
TRJENTIN?ln cases' 7Sc P Ballon;
wood barrels. 7514 c per gallon; aroturps
(turpentine substitute), iron barrels. 38c per
,.nj.r?ases' r'a Der gallon.
hu ,SJEIl OIL Raw. In barrels. 84c-hnihfrt-
A" barre's- SUc: -raw. in cases. S9c;
boiled. In cases, 9lc.
SHEEP ALSO" ADVANCE
FIVE-DOLLAR MARK ItEACIIEU
i;v locaij sales.
Lift ot a Quarter in Prices Paid at
the Stockyards Cattle and
Hogs Firm.
The sheen marbaf lc 1. : ...
- ."..uis up wiin ine
r -.w.. .iisii pnceo livestock, showing
an advance of a quarter In yesterday's sales
at the yards. The market throughout was
strong. Receipts for the day were 470 cat
tle. 22 calves, 69- sheep and S4 hogs.
The lift In the sheep market was occasioned
by the sale of a lot of ol head of good qual
ity stock, averaging 12 pounds, at $. A
bunch of lambs moved at $5. Two lots of
top cowa were sold at$4, but nothing strictly
fancy was offered in UieN way of steers or
hog.
Shippers at the yards were P. H. B Moul
ton, of Weiser, with two cars of cattle- F
B. Ferguson, of Amity, one car of hogs'- '
R. Ford, of MeMinnvllle,pne car of hogs'
M. K. -Gale, 69 sheep: E. B. Wlllard, of Bak
City, three cars of cattle: C. F. Walker live
cars of cattle and hogs from Joseph and Los
tme; James Wilson, of Shaniko, three cars of
cattle; H. L. Prlday. of Shaniko, six cars of
cattle and calves, and J. E. Reynolds, of Con
don, one car of cattle and calves.
The day's sales were as follows:
- , Weight. Price.
2. steers i5 $5 00
I K!'f 4.00
J ull 370 2.75
J hull i7r() 2 7-
88 steers , 1o-J.1 a 5,,
S steers . . 7:f s
i 'W' 1210 4 25
steers 1210 4 T5
1 ste''r 1.-.2.1 4.00
18 cows i(77 4.00
ct,w -. 10.-2 3.00
. 1 "w lliin 2
1?J S0,V 1s-' 4
.5 heifers loro 4 -'
r.i sh p is: n'.n'o
4i 'al"ljs 5.W
2 bulls 4 25 : 23
1 rices quoted at the yards 1'esterdav were
as follows: -
"ATTLK Best steers. $4.7. 5.00 ; fair to
good. $4.25 if 4.50; medium and feeders, tn.50
fi 4.O0; cows, top, $:t.50'S14.O0; fair to good.
.S.'i.OOfc 3.2."f: common to medium. $2. 503 75
bulls. $:!.25 fr.YOO: heavy. $4.00 r(j, 4.75. " ' '
HOQS-Hent. $8.rxK(i-8.75: medium, $7.50',i
S.2--.: stnekers. C.50 5x ,1.75.
SHEKP Be6t wethers. $5.50e; fafr to
good. S4.5i.6j ewes. 14c less; vearllngs,
best. $5 005.25: fair to good, $4.ol1.75;
lambs, $r,.00 19 6.25.
Katttei-n XJvecttocIc Markets.
CHICAGO, Jan. 5. Cattle Receipts, esti
mated. SHOO; nrarket. strong to loc higher
Beeves. $4.:,i4T.W; Texas steers, J4.1O05 15
Western steers. f4.Klji8.2S: etockers and feed
ers, $3. IO-115. SO: cows and heifrs. $2.2(.XSo55-
Hogs Rocelpts. estimate.!. SB.OOO; market
Bo higher. Llirht. tR.15erS.55; mixed. $H 2iffi
l-eavy. $S.S0-f?S.7O: r..ugh. $S.305iS 45
good to choice heavy, $S.4.Vii S. 70; pigs. $7 40
40; bulk of saJe. $s.4-i&.eo
Sheei) Receipts, estimated". 14.000- market
Ftrong to 10c higher. Native, $3.S5-!ffi 10:
Western. $438.10: yearlings. $8.6tviS lo:
8 sS nat'Ve' 6-!BS's-B0: N'ewtern, $ij.25
oSAV?At ,C1Tr- Jan- S- Cattle Receipts.
fi(H.; market, strong to 10c higher. Native
steers. $..o.23; cows and heifers, S2.755i 6Ji5
mockers and feeders. $3.25CS.23: bull-" $i"5
i.: calves, $4'Sf: Western steers, $4-36.50-Western
cows. $3g4.73.
Hoss Receipts. SoOO; market, strong to 5c
Si? - lock.r "; butchers. S.25i3.50;
light. $8'iS.40: pigs. St.5o!f(7.oO.
on-i- nrrdpLa. ovv; market, strong Mut
tons $4.75!: lambs. $718.6": fe.l Western
wethers and ye,riings, $5 7. 601 Western fed
ewes. $5s5.40.
OMAHA. Jitn. 5. CattleTWipts 4O00-
market, 10c higher Western steers, $4fi6 2":
cows and heifers. $3.50ff4.40; canners, $2 50fl.l'
Blockers and feeders, $3. 7o4i 5. 35 ; calves" $3 50
JT. W; bulls, stags, etc. S2.75W-4.65. '
Hogs Receipts, 4400: market. Be to 10c
higher. Heavy. $S.5ofj 8.57 ; mlxert, $S 4.M
IJj: "S"'. S.4CKSS.45; bulk of sales, $S.4G.ti
Sheep Recclr:s. 2ow: market, lOtfTlSc
hlrher. T earllngs. $rt.75S7.&0: wethers. (.-,
6.1A; ewes, f 0-6.1i; lambs, 7.eaifS.&l
SALES ABE URGENT
Heavy Liquidation Renewed in
Stock Market.
VARIOUS REASONS FOR IT
Banking- Situation Responsible lor
Much of the Pressure on Specu
lators Last Prices Are
Near the Lowest.
NEW YORK, Jan. 5. Speculative liquida
tion was renewesl in the stock market today
wlth much the same appearance of urgency
as on the opening day of the new year.
There was no 14 per cent, money rate today
no account for the weakness of the stock
market, and other, nominal explanations
were advanced.
Many of these bore an appearance of mere
surmise, the busiest of which centered
about Rock Island, Its recent stock mar
ket history and the personal element con
nected with It. The personal phase of the
discussion was a supplement to the gossip
brought out by the eccentric bulge of 31
points in the stock, followed by a total re
lapse, all within the space of 15 minutes,
on the day after -the Christmas holiday in
terval. Rumors were plentiful regarding
the scope and power of the influences being
used to make effective the desired disap
proval of the Rock Island markat manage
ment. '
The principal selling of the day was at
tributed to the retirement of speculative
commitments which had been prompted by
thi3 disciplinary movement.
More substantial grounds for the weakness
of stocks were ' found In other factors. For
one thing, the unexpected stringency of the
money market after the first of the year,
and the absence of Investment demand for
stocks growing out of the annual disburse
ments of profits, have proved a disappoint
ment. One of the difficulties encountered In
holding over through the Autumn was the
fall in the banking surplus to near the van
ishing point in November. The wholesale
shifting of loans then resorted to in order
to avert a deficit involved the assumption of
obligations which are believed to be coming
due now. The money market facilities for
meeting these obligations are less than ex
pected, and liquidation in face of a languid
speculative demand is necessary.
The relief afforded- to the loan account of
the banks In November was obtained partly.
It Is believed, by large advances from sur
plus treasury funds of the great corpora
tions. These had to be recalled in connec
tion with the enormous annual settlements.
The course of events at Washington was
given its share of responsibility for the action-
of the market.
Last prices were about the lowest of the
day, and the tone was weak when opera
tions were concluded.
Bonds were easy. Total sales, par value
$4,9U0,000. united States 8s coupon de
clined hi per cent on call.
CLOSING STOCK QUOTATIONS.
' c , Closing
a ,11- ,-, , - Sales. High. Low. Bid.
Alhs Chalmers pf. l.jo 54 649i 54li
Amal Copper .... 62,700 fcy- SeS
Am. Agricultural .. 100 4S 4H 47 J
Am Keet eugar .. 500 4tiVi 4U!4 4U
Am Can vt ..... XOO 81 Vi 81 81
Am Car & Foun. two 72?i 71 71
Am Cotton Oil .. 100 el i 67 6B14
Am Id & Lt pf. 600 47 4y il
Am Ice Securl .. wio 25 -, ?5
Am Smelt & Ref .. 17.800 103 l.xi loo
do preferred ... 2'X) 111 111S 11114
Am Sugar Ref .. 1.100 122 121 & 121&
Am Tel & Tel .... 4,100 14o IlJi- u$L
Am Tobacco pf.. .... m ujj?
Am Woolen
AIlaH,ilda M!n Co"- 81W0 52 "oox 00
Atchison 18, 5O0 123 121 12l2
do preferred ... 1.000 104 lo3 ' I03
Lalt & Ohio 6,600 118 11T34 117?i
do preferred . 100 921 fl-
Bethlehem Steel .. 200 33 33 i? 33 V,
Brook Rap Tran. 2,600 79. 7sC 7SU
Canadian Pacific .. 'fjoO lt.lt, llSg
c&m i::..."600 108T 108 I??
Ches & Ohio 30,66 92'" S0i S974
Chicago & Alton .. 100 66 aa en
Cnlcago Gt West. 800 35 35 3514
Chicago & N W... 2.200 181 17314 178
S' & .StPsu1-- 3-200 1ST IM 155
',CVC f.81, L"- 600 S2! eu
Colo Fuel & Iron.. 2.000 49 47Ti 47a;
Colo & Southern .. 1,500 58 57i2 572
do 1st preferred. 10O bOh, 80U 81
do 2d preferred A
Consolidated Gas.. 6,200 160 157 1.171
Corn Products ... 700 24 2i2 2Ni
Del & Hudson 400 183 ' 182 lstU
D & R Grande ... 2.000 01 fio 50
do preferred ... i0 S3 5. 83 814
rMstlllers' Securl.. 4i 36Vj sa 3c,i2
&J8 -.'i 15WI 34' 33J4 33K
do 1st preferred. 6.200 62 li 61 60
do 2d preferred. 500 41 41 V, 4o2
General Electric .. 300 160 15914 l',i?
Gt Northern pf... 6.O0O 14314 141 I4iy"
Gt Northern Ore.. 1.6O0 79'A 79 79
Illinois Central ... 400 147 146 14i!
Intej-borough Met.. 7.S0O 24V- 231J 23S4
do preferred ... 6,'0 61 Vi Ri 59i2
Inter Harvester .. 300 123 122 1"1
Inter-Marine pf .. 1,300 24 2Sli -l4
Jn5 PaPer 200 1514 15lJ i"r,S
Int Pump 1,100 5214 B1V4 f,i S
Iowa Central 100 29 29 "iv
K C Southern ... 1.1000 43i 43 43
do preferred ... 100 70Vi 70 70
Louisville & Nash 6,100 169 158 157K
Minn & St Louis. tu
M. St P & P S M. 700 140 13914
Missouri Pacific .. 1,700 7 2 71 70
Mo. Kan & Texas.. 28,100 6114 49i4 49V4
do preferred ... 61:10 74 74 731K
National Biscuit .. 100 115 111 ll.lv
National Lead ... 2.000 8flU 8914 g's
ilex Nat Ry 1st pf 4io 2'4 61 6114
N Y Central ll.OOO 124V4 122?
N Y. Ont & West. 2. 400 60 48T4 JSi?
Kcifolk i West. 8.300 100 ns o.si?
North American .. 300 83 82 822
Northern Pacific .. T.lOO 14374 1421J 14"V
Pacific Mall 1.400 43 4ni 4014
Pennsylvania 31.500 136 135 1S5
People's Gas 1.400 lir.14 11414 114
P. .C C & St I,... 6.6OO 10014 99 1
Pressed Steel Car. 500 61 50 '4 6014
Tullman Pal Car. 189
Ry Steel Spring.. l.SOO no; "49" 4RU
Reading 11, Too 1701I 107 16714
Republic Steel ... 1,000 4.1 4414 4414
lo preferred ... ."Vvi 104 104 loss:
Rock Island Oo... 224. 900 6414 47i 473'
do preferred . . . 18.000 89 R- 86
St I. S F 2 pf. 2.3O0 fir. 571? 17V,
St L Southwestern l.ROrt 34 33 311
do preferred ... 81.0 771' 7n-f,: 7K54
Slosw-ShelfieH 4V 86 86 81
Southern Pacific . .130.000 13814 13514 131V
Snuthem Railway., fl,6oO 33-"-: .tiZ 3'2-''4
flo preferred ... S.2O0 75 7314 731
Terni Copper loo 391-, 5914 39
Texas & Pacific.. 500 3.IT4 ' VlV
Tol. ft T, & West. I.IOO 54 53V, . 63ti
do preferred ... o,;.o 71 t,, m' 70a
Triton Piiciflc ... 73. 100 2o3i 200 20014
do preferred ... 400 1031; lo-v. 10V
T S Realty 200 si 83 1 4 rSi!
I S Rubber 2.floo .1114- J 60
L n JMeei 18H. 400 8914 8714 87
00 preferred 3. IOO 124Vt 123S4 12374
Ttah Copner .... 4.7CO 59e 511'. 6KV
Y-i-Caro Cliemlcal. 2.300 54-1; 5354 5314
Wshash 9.70O 2nr 24Vi 24H
do preferred ... 1.400 71914 .IR14 56-T
Western Md 1.0-0 52'4 51 I-,:-
Wewtinghouse "Elec 700 82 s 81 "
Western T'nion ... 00O 7rt."K 76 1 7614
Wheel X- L Erie. . 100 n pa; 01
Wisconsin Central. Iio 50 4014 49 4
Pittshtirv Coal .... ROft "T'i 26'4 2614
A-m Steel F.ly .. SOO 6.1W 6414 6Ji2
"Cnlted Dry Gorvls. . 2O0 12014 120 " 11914
Tola! sales for the day. 1.S45.40O shares.
BONDS.
- NEW YORK, Jan. 5. Closing quotations:
TJ S ref 2s reg. .101 'N Y C G SHs. . . til 14
do coupon ...101 iNorth Pactfic 3s 7314
TT S 3s reg 101H!North Pacific 4s lni
do coupon . . .loim'x-nlon Pacific 4s.lO0'i
T S new 4s reg. 114 '& IWiscon Cent 4s. 7414
do coupon ...115 'Japanese 4s .. SSi
D & Rio G 4s.. . 95H! V
Dally Treasury Statement.
,...'VV"A.S!,EIIGTON'' Jan- 5- Th condition or
the Treasury at the beginning or business
today wae as follows:
Trust funds
Gold coin $875 496 869
Silver dollars 487 ""n 000
Silver dollars of 180O s'ots'ooo
Silver certificates outstanding..."! 4S7 io 000
General fund
Standard silver dollars in general "
fund 2 406 3"3
Current liabilities 109,070,"l05
forking balance In Treasury of
fices 29 4SO 527
In banks to credit of Treasurer
of the United States 36 078 776
Subsidiary silver cotn 16!l91.'l29
Minor coin '913 668
Total balance in genei-aTl fund.".".. S3.593.576
Money, Exchange. Etc.
NEW YORK. Jan. 5. Prime mercantile
paper. B5ia per cent.
Sterling exchange Arm with actual busi
ness in bankers' bills at $4. 8390ig! 4 S4 for
'day bills, and at $4.S710 for demand.
Commercial bills. $4. 83 4.S3'4.
Bar Silver. 52Hc.
Mexican dollars. 44e.
Government bonds and railroad bonds
easy.
Money on call strong. 6fai8 per cent; rul
ing rate, 7 per cent: closing bid. 5 per cent;
offered at 6 per cent.
Time loans strong and active; 60 da vs.
per cent; 90 days and six months.
4V& per cent.
LONDON, Jan. 4. Bar silver, steady 24Vid
per ounce.
Money. 2H2 per cent. The rate of dis
count In the open market for short bills is
SU'31s per cent; three months bills. 3 6-16
per cent. Consols for money. 82;
consols for account. 82 13-10,
SAN FRANCISCO. Jan. 4. Sterling on
London. 60 days. $4.84; sight, $4.87.
Silver bars. 52 c.
MexicaTto dollars. 46c.
Drafts, sight, par; telegraph, .02.
Metal Markets
NEW- YORK. Jan. 6. Standard copper on
the New York Metal Exchange was dull to
day, no sales being reported. Spot and all
deliveries up to the end of April closed at
13.25'g13.e0c. London closed steadv. spot
at 61 lis 3d and futures at 62 10s. Ar
rivals of copper at New York todav were
4., tons in bars and 35 tons in ores. Ex
ports, according to the custom-house returns,
were 351 tons, making 1061 so far this
month. Local dealers quoted Lake copper
at 1S.75-b14c; electrolytic. 13.5013.76c;
casting. 13.2518.0(c.
The 'tin wi 1 .. I. ... n-n in. . . J. .
. , , . ...... " ".n uu.-i, uin nriii, ana.
i decidedly higher on the strength abroad.
1 Spot closed 33.25ta33.00c- '.Tanunrv Mllii
(gJ.t. 80c; February. S3.12V4 J'33.35c, and
March and April. 33.12 33.40c. There was
a big advance In London. Spot closed at
151 7s 6d and futures at 152 IBs
Lead was quiet. Spot. 4.87 4.72V.C New
York. 4.65c East St. Louis. The English
market was "higher at 13 ISs 9d.
Spelter closed easy. Spot. 6.106.2.1c New
York and 6.07Vic East St. Louis. The Lon
don market was unchanged at 23 6d
Iron was higher at 51s 3d for Cleveland
warrants In London. Locally unchanged.
Coffee and "sugar.
NEW YORK, Jan. 8. Coffee futures
steady; net five points higher to five points
lower Sales 13.000 bags. Including March.
7.00c; April, 7.05c: Slay. 7.10o; Julj-. 7.20c
7-25c; September, 7.207.25c: October, 7.20c;
Pe,e'7!..b.Sr.-.,7-15c- Spot, steady. No. 7 Rio.
8 ll-168c; No. 4 Santos, c Mild, quiet;
Cordova, Ollc.
. .p!r Raw, quiet: muacsVado. .89 test.
3.2..c: centrifugal, .98 test. 4.02c; molasses
sugar. .89 test. 3.27c; refined sugar, steady;
cut loaf, 5.85c: crushed. 5.75c; mould A
5.40c; cubes. 5.80c: powdered. 5.20; pow
dered. 5.15c; granulated. 5.05c; diamond A.
5.05c; confectioners' A. 4.85C; No L 4 80
i?C2' J5c:No-, S-,4-65: No. 4. 4.65c; No. 5.
4GOc; No. 6, 4.50c; No. 7. 4.50c; No. 8.
iXc: 8' ": No- IO. 4.35c; No. 11.
4.30c; No. 12. 4.25c; No. 13, 4 20c; No. 14
Dairy Produce in the East.
CHICAGO. Jan. 5. Butter Steady;
creameries. 2626c: dairies, 2530c.
Eggs Receipts. 2582 cases: fh-m at mark,
cases Included. 24W28:c: firsts, 32c: prime
flrBts, 84c
Cheese Steady; dairies, 16 17c; twins,
16!4164c; Young Americas. 18c: long
horns. 16i4c
NEW YORK, Jan. B. Butter
changed. -
-Flrm. un-
Cheese Firm, unchanged.
Eggs Strong; Western extra firsts. 39c
firsts. 87S8e.
Eastern Mlninar Ktoclia
BOSTON. Jan. 6. Closing quotations:
Adventure ..... 6
Allouez 50
Amalgamated .. 80
Arizona Com . . . 484
Atlantic 10
Butte Coalition. 27 hi
Calumet & Ariz. 101
Cal & Hecla. 670
Centennial 37
Copper Range - . . 86
Mohawk 661i
Nevada 204
Old rinmlnlnn iT
Osceola '. Tlei
Parrot ........ "0
Qulncy ; 87
Shannon ....... 1714
Tamarack ...... 75
iTrinltv . " inn
TJ S Mining 63 3
Jjaiy west 8 U S Oil ...
U S Oil S7U
f ran Kiln -iTa tt.-l . -
granby llOiijVietoria . . " ' i
Greene Cananea lllwinona . . ."' 11 2
lfle ?7ale -- 27 141 Wolverine !l47
Mass Mining ... 6 North Butte .... 4(J
Michigan 71
New Tork Cotton Market.
NEW YORK. Jan. 6. Spot cotton closed
quiet, 10 points lower; mid-uplands 16 80c-mid-gulf,
16.05c. No sales.
Sutures closed weak; January and Febru
ary. 1.1.85c; March. 10.40c; April. 15.48c
May. lB.60c; June, 15.51c; July. 15.57c- Aug-'
ust, 15.22c; September. 14c; October 13 -40c-December,
13.10c.
Wool at St. Louis.
ST LOUIS. Jan. 5. Wool, unchanged.
Territory and Western mediums. 25 28c
fine mediums. 2024c; One. 1221c
POTAfOES ARE FIRMER
STOCKS AT SEATTLE
CLEAXED LI'.
WELL
Twewty Dollars a Ton the General
Quotation Apple Supply
Is Heavy.
SEATTLE, Jan. 5. (Special.) The potato
market was appreciably firmer today. While
no one quoted above 20, that price was
more general than lt bas been heretofore.
Receipts for the week have been light and
stocks are said to be better cleaned up than
at any time since the new crop commenced
to arrive. High prices for potatoes this year
are out of the question, dealers here say.
owing to the large available supply In the'
White River Valley. Eastern Washington
and Oregon..
The apple situation Is causing considerable
worry. Stocks are neavy. Receipts during
December aggregated 34,872 boxes.
Sweet potatoes were entirely out In some
quarters. Another advance Is talked of
There were few changes In the dairy pro
duce markets today. Receipts were light and
the demand moderate. Headers of cold stor
age poultry are pressing those supplies on
the market as fast as possible.
AH grains were firm, but little trading was
done.
QUOTATIONS AT SAN FRANCISCO. .
Prices Paid for -Produce In the Bay -City
Market.
SAN FRANCISCO. Jan. 5. The follow
ket today
Ve&e tab Cucumbers, $11.50- strine
teans. 8ji2)c: tomatoes, 75c fg; '2.', - garlic
6ft7c; green peaa, 7iSl0c; eggpiantl0 13c!
MillstufCsj Bran. $27C:; middlings, $34
Better Fanry creamery. 35c: creamery
serondK. SMc; fancy dairy. 20c.
Kgrgrn atore. 35c; fancy, 3Sc.
ecleese New, 164plSc; young Amerleas,
Hay Wheat, $14fa19.50, iftieat and oat
$136gl7; alfalfa. $912: stock. r.3010; straw
per bale. 5tX&T6c. '
Fruits Apples, choice. 75c common.
50a5c; banana, 50c$3.25; limes, J4 tg
4.50: lemons, choice, $33.50; common, $1.50
2.30; oranges, navels, 1.652.50: pineaD
ples, $2.1.
Wool South plain and San Joaquin, 8
10c; Spring Humboldt and Mendocino. 13
Hops IS 24c per pound.
Potatoes Oregon Burbanks $t.l3l 2"3:
Salinas Burbanks.' fl.l51.35; sweets, $1.50
l.Go.
Receipts F"Iour. q uarter sacks, 3462 -barley.
1415 centals; oats, 370 centals; corn.
25 centals ; potatoes. 7725 sacks ; bran. 20
eacks; hay, 117 tons; wool, 24 bales- hides
300.
Simla, at San Francisco.
SAN FRANCISCO. Jan. 5 Whest
barley :
and
Spot Quotations Wheat Shipping, $1 95
2.00; minims. 1.95.
Barley reed. $1.47 54 1.60; brewing- J.1.B0
152.
Oats Red. 1.62 "4 1.73; white. $1.70
1.75; black. $2.20t(J 2.40. ,
Call Board sales
Wheat No trading.
Barley May. S1.4S.
Corn Lare yellow. 1.75a l.SO.
Grain Markets of the North vret.
TACOMA, Jan. 5. Wheat, blustem, 11.20;
club. S1.10; red Russian, $1.08.
SEATTLE, Jan. 5. MilllnK quotations
bluestem. 1.15; club, $1.11; IJITe. $1.11; red
Russian. Jl.OS. Export wheat, bluestem
$1.12: riub, JI.08; Fire. 1. OS; red Russian,
$1.0.
HE Oil SELLING
Despite Bullish , Sentiment
Wheat Is Unloaded.
PRICES DROP AT CHICAGO
Bulls Force All the Futures Vp, but
Cannot Maintain the Advan
tage New High Points
in Corn.
CHICAGO, Jan. 5. Wheat showed weak
ness here today. Persistent selling In the
pit prevailed, despite much bullish senti
ment. Prices fell off at the opening and
again Just before the end of trading after
the bulls advanced all the futures and
forced May a shade higher than yesterday's
close. Closing prices for July and Septem
ber were o and lower, respectively,
than yesterday. May ranged over llc,
closing tfx-c lower at $1.13.
There was a lj trade in corn, and prices
fluctuated over a range of from c to c
in the different futures. The close was
weak in futures. Large offerings were ab
sorbed rapidly, and new high points for the
crop were registered in July and September
at 68 Ho and 68c. respectively. May closed
a shade lower at J74c.
Activity marked the oats pit. and strong
cash, demand pushed prices higher, only to
fall again on realizing sales. The close on
May was He lower than yesterday at
47c. The other futures fluctuated within
a range of Vc.
Jn revisions, pork closed 2c to 20c
lower; lard was 2 Cc lower, and ribs
were 7c lower.
Leading futures range as follows:
WHEAT.
Open.
May tLltti
Hls;h.
1.03 V
Low.
1.03
99H
Close.
1.133i
103
.99
July 1.03
.99 -99.
CORN'.
.6714 .67
.67 .e
.67T4 .68
OATS.
May
July
Sept.
67
.6714
-679,
.6714
7
7
May
July ,
Sept.
.47
.45
.46
.44
.41
.47
44
.41H
.41 .42
MESS PORK.
Tan 11.85 22.10 21.80 21.80
May ... 22.10 22.15 21.87 21.90
July 22.15 22.17 21.95 21..95
LARD. '
Jan 12.80 12.80 12.60 12 60
May 12.15 12.17 12.05 12.07
J"'y 12.12 12.12 12.02 12.02
SHORT RIBS.
Jan 11.60 11.60 11.60 11.52
May 11.62 11.62 11.B0 11.52
Jul" 11-60 - 11.62 11.62 11.62
Cash quotations -were as follows:
Flour Strong;.
Rye No. 2, 81c.
Barley Feed or mixing, 69 66c: fair to
choice malting;. 6772c
Flax seed No. 1 Southwestern, 82; No. 1
Northwestern, $2.10.
Timothy seed ?3. S3 ffi 3.90.
Clover $15. )
Pork Mess, per barrel, $2222.25.
Lard Per. 100 pounds, $12.6012.62.
Short ribs Sides (loose). (11.27 9
J3ides Short, cleaer (boxed), Sli.629
11.87.
Grain statistics:
Total clearances of wheat and flour were
equal to 224.000 bushels. Primary receipts
were 606.000 bushols. compared with 304 000
bushels the corresponding day a year ago
Estimated receipts for inmrrnw xir.
32 cars: corn, SOI cars; oats, 109 cars; hogs
28,000 head.
Receipts.
Shipments.
11.100
22.100
134.800
157.6O0
. 1.000
68.000
"Flour, barrels..
"Wheat, bushels.
Corn, bushels...
Oats, bushels. . .
Rye. bushels. . . .
Barley, bushels.
g.&oo
. 103.200
. 783.700
.641.500
. 11.000
.192.000
rain and Produce at New Vork.
NEW TORK. Jan. 5. Flour T-nchanged
and about steady; receipts, 21,767- ship
merits, 1125.
Wheat Spot easy; No. 2 red, $1.30 ele
vator domestic and $1.20 t. o. b. afloat
nominal; No. 3 Northern, ruluth, $128
and No. 2 hard Winter, $1.2894 f. o. b'
afloat nominal. Options were nervous un
der professional operations, prices declined
early on the cables, rallied on commission
house buyinr and firm cables, but again
declined under professional selling and on
larger receipts and a poor milling demand.
Exporters took 30 loads of Manitoba. Prices
closed at a net decline of 3lic. May
closed Jl.20; July. 1.11. Receipts. 27
BOO: shipments, 16,076 bushels.
Hops DuU.
Hliles, wool and petroleum Steady.
Minneapolis Grain Market.
MINNEAPOLIS. Minn.. Jan. 0. Wheat
May. $1.1J1.184; July. 1.12. Cash, No.
2 hard. 41.14 HO : No. 1 Northern. $1.14
1.15; No. 2 Northern, $1121.18.
Flax $2.18.
r Corn No. 8 yellow, 6R6$59c
Oats No. 8 white, 43 44 e.
Rye No. 2. 74HT5c.
European Grain Markets.
I.-nrON. Jar. 5. Onrgopg flrmAr. Wy,!1a
Portland Seattle Spokane
Downing-Hcpkins Co.
BROKERS
Established 1893.
ROOMS 201 - 204 COUCH BLIKi.
STOCKS AND BONDS PRIVATE
GRAIJf WIRES
lumbermens
National Bank
Increase in deposits during the year 1909 .
Losses from bad loans during the year 1909
OLDEST BANK ON
CAPITAL $1,000,000
SURPLUS and PROFITS $500,000
OKFICEKS.
W. M. LADD. President.
EBW. COOK INGHAM. Vl-Prtsident.
"W. H. DlTiCKLEY, Cashier.
R. S. HOWARD, JR., Ass't Cashier.
L. W. LADD, Assistant Cashier.
WALTER M. COOK, Ass't Cashier.
Interest Paid on Sayings Accocnts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts, and Travelers Checks
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.
I 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
317 BECK BUILDING, PORTLAND, OR.
innrmri.
Offer
and
Largest
LfriAviiin
TT r C
wm -
For Pull Pariiemlart and
UUUQiU
I Grulses v , .
a On. js
4?
1
THE CUNARD STEAMSHIP CO., Ltd.
Kew Tors.. Boston, Chieso. Minneapolis. Philadelphia, St. Louis
San Franotsoo. Toronto wluH Montreal, or Loosl Acents.
"Walla for shipment 3d higher. 40s d to
40s 9d.
English country markets 6d dearer; French
country markets quiet.
LIVERPOOL, Jan. 5. Wheat. March. Ss
4d; May, 8s. Weather .overcast.
Oried Fruits at New Vork.
NEW YORK. Jan. 6. Evaporated apples
unchanged.
Prunes Firm, quotations ranging from
2e to 9c for California up to U0-40s and
6c to 9c for Oregons.
Apricots Steady, choice 11 ffl 8V,c- ex
tra choice, ll12c; and fancv. SjlSHc
Peaches Steady, choice. 6 07c- extra
choice. 7iaiu.c. and fancy. 5eiSc.
RftisinR TTnohanired.
TIIAVELEKS" iTJIDE.
FOR TILLAMOOK
STEAMER "SUE H. ELMORE"
STEAMER "OSHKOSH"
SCHOONER "EVIE"
SCHOONER "GERALD C"
Freight received daily at Couch
street Dock. Sailings every Tuesday
and Friday evening. Passenger rates
from Portland $7.50, from Astoria
$5.00. Telephone. Main 861.
NEW ZEAI AND New Se" ni TabltL
t,,ct7V Del'Kh South Sea Tours
AUSTRALIA i,r Eest Health m
," Tr Pleasure. New Zealand,
tne Worlds wonderland. GeyBer Hot
Lakes, etc. The fa.vorll S. S. Mariposa
sails from San Francisco Dec 23 Feb 2,
Mar. 10. etc.. connecting at Tahiti with
Union Line for Wellington, N. Z. The only
passenger line from V. S. to New Zealand.
ellington and back. 2flO: Tahiti and back.
12.i. 1st class. SOUTH SEA ISLANDS (all
of tbera), three months' tour, $40O. Book
now for sailings of Dec. 28 and Feb. 2.
Line to Hawaii, 110 round trip. Sailings
every 21 days OCEANIC 8. 8. CO.. 673
Market street. San Francisco.
COOS BAY LINE
The steamer BREAKWATER leaves Port
ianiLT,erj: Wednesday. 8 P. M . from Alns
worth dock, for North Bend.. Marsutleld and
Coo. Bay points. Freight received untu 4 p.
, on ..ay oC sailing. Passenger fare, nrst
clasa. 10; second-class. 17. including berth
2 S"al- Inquire city ticket ofnee. Third
PhtnMalS'sM." " A1"'urt
V
79
None
THE PACIFIC COAST
DIEECTOBi
EDWARD COOKIXGHAM.
1IEXHY L. CORBETT.
WILLIAM M. LADD.
CHARLES E. LADD.
J. WESLEY LADD
S. B. LINTHICUM.
FREDERIC B. PK ATT
THEODORE B. WILCOX.
the unsurpassed in Luxurious H
Comfortable Ocean Travel
By the great 20,000 ton steamers W
mSsm. o, r et). 19 p
'CARMANIA" Jan. 22, Mar. 5
triple - screw turbine in ihe World . S a
a.'sji. laU. X7 .'
. -1 -ri
crcw, I "t, JVJU ions
Reservations apply to
TRAVELERS' GUIDE.
All Modern Safety rjevlcrs (Wireless, etc-
.j, London Paris Hamburg.
iJr,Waldersee Jan- 15 'Pennsylvania Feb. 19
Pres. Lin., Jan. 29 (J Waldersee. Feb. 26
Pres. Grant, Feb. a.tKais. Aug.Vlc. Mar. C
Amerika ...F.eb. 12;"Pres. Lincoln. Mr. 13
IHitz Carleton a la Carte Restaurant.
""'"""'S airect. "Omits Plymouth.
Italy,
AND THE TMUsa.
CONVENIENTLY ' J1W
RKACHED BY Ol'R
MEDITERRANEAN SERVICE
The sptendid. large steamships
CINCINNATI.. MOLTKE, & BAMBIRO,
sail .January i;. -jr. 9, etc, for
Gibraltar. Naples and Genoa (with " occa
sional calls at the Azores and Madeira Is
lands). Excellent connections witn steamers
of Hamburg Anglo-American Nile Ca'l
services up the Nile through KGYPT
Tou-iBt Dept. for Trips Everywhere.
Hambiirjr-Amrricnn T.ine, 160 Powell St.
iSan anciico. and Local Agents, I'ortland!
$325 AND UP
a go DAYS BMaiije
IS CV,br 5-S- CINCINNATI, from
N. Y.. J. 29. 18 dy, , Egypc and Holy I
Lsnd. Send for iilustrucd book. IJ
BamburflAnscricanline
V'" POWET.I. ST., PAN FRANCISCO.
NORTH PACIFIC STEAMSHIP COMPANY.
. &. ania Clara sails
for Rureka and fan
Francisco .Ian. 1, 15. lt
Feo. 1. 2il. at 4 P. M.'
S. S. Klder sails for
Eureka. San Francisco
and Los Angeles. Jan.
4. 18: Feb. 1. is. at 8
, L s" Ranoke sails for
ban r rancisco nnn I.ftAm-!ft. i
Feb. 8. 2-2. at S P M Ticket office 132 8d
St. Phones Main 1314. A 1314. H. Youngs. AgU
SAN FRAN. & PORTLAND 8. S. CO.
From Ainsworth Dock. Portland. 4 P. iL
S. S. Kansas City, Jan. 7, Zh.
8. S. Rose City. Jan. 14. 28.
From Pier 40. San Francisco. 11 A M.
S. H. Rose City. Jan. 8. 93. '
8. S. Jiansax City. Jan. 15 29
M. J. KH HE, C. T. A., 142 3d St. J W
Ransom . IHn-k Agent, Ainsworth " Dock.'
w-io 402. A 1402. I hones Main 8. A Utat.
Ms
X