, THE 3IORMXG OREGOXIAX, THURSDAY, FEBRUARY .3, 1910.
21
HOP MARKET SOUND
Active Trading Season Is Yet
to Come.
PRICES ON A GOOD BASIS
Witli Xo Competition Vp to the
Present Time. Values Have Been
"Well Maintained Steady
Tone in Wlieat Market.
Only a few lots of hnps have changed hands
thl -wsck. There has been no falling off In
the demand, but growers are not In & mood
to sell at the cu rr en t rrlee. T he market la
very steady at 2a H cmta for good goods.
General conditions warrant a better price, hut
s long a the buyers have been able to get
ibopw at this figure, they have seen no reason
to advance their bi'Js. Now, with the hold
rrs tightening up again, however. It may be
fcecreNtiry foT them to raise their offers.
The sound position of the market l ehown
ty the fact that the present price has been
maintained in the absunoe of any real compe
tition. It iha been a one-man market and
fcothlng more, for nearly ail the hops bought
in the past month have been secured by Car
tnfchael, either through hie own agents or
through other dealers.
If prices hold steady -with only one ex.
orter operating, and in the faoe of an un
sold stock, of lS.Of.-O or 30,000 balea in the
rtate, it is Interesting to figure what would
tiappen If a number of Eastern buyer would
fLlso come into the market. Tht thy will
-ppear before Ion g can be taken aa a cer
tainty, and It Is uLho conceded that the x
ffort rfeman4 will phovr no ehatement.
It is the probability that there will be both
t. foreign, end domestic demand for hope in
the near future end a consequent elevation of
rrIoe an a result of the competition, that Lp
keeping the growers and other 'holders In a
firm mood. There 1 reason to believe that
the American brewers have not yet secured
th1r season's requirements. It is known
that there are Reveral breweries In this coun
try which toper h-r will need lo.OOO bale..
Thesis hops they have not yet bought. A
rood many other brewers have contracted for
their needs, but thew j'aper hops will not
make a vny good quality of ber and some
toady must pet Into the market on their ac
count be for1 long.
April and May are the principal brewing
months in thls country, and as it takes about
a month to get hoi EJast. the heavy buying
should hep in before the cloee of the present
month. It Iff true that mow of the brewers
l:a e some hops on hand, enough for their
early brewing, but they are not likely to run
cli 's, v.Ith tht pruHptft o? an exceptionally
active H.-er ?eun before them.
Huying for Knslish f!ipnnt is likely to
oontinue t hroughout the season and It may
i" how an Increase. The poeltlon of the Eng
1'sh market if well known. Knland could
tnke all the hops left in the tTnited States, es
timated at S4.fN to 87. (wo bales, and still not
eijiiiil htr importations in previous years. Tp
to the middle of January the Imports Into
K UK land w re only about 27,000. bales, ns
Kuinst .tbV"0 ha Is in the came period hist
.;ir an J 8".vr bn?e. tn the corrvponriins
t imp t wo oars ago. JOngland usually buys
ca many iurman hops a American hops, but
sMe -nn gpt but a mll quantity from the
"'ntincnt this season and. es is well known,
her own crop was almost a failure.
Jn view of all theie. circumstances, ,.lt is
ras.mab!e to believe that the Oregon market
will asain reach the 25-cent mark, and it may,
o higher.
DRECiON WOOL liKlN'UK GOOD PRICK.
S.arg lH of S(ale Sell at "3. Cents Scoured
at lioKton.
Fiber and Fabric eays of the trade In Ore
4: on wools tn the rVton market:
"The rtret sale cf Oregon wool reported for
s-nve time Is announced. It was one of 2U),
twt pounds of tine maple wool on a olean basis
ff about 75 cnts, and shows that the market
3. by no means wak. Two or three of the
largest Boston firmp reiv that the mills have
Sid samiIo bags under consideration for some
line, but have insisted on red need prices.
' iNo conccpsMons will he given, however, at
least not tint II tr"o u hole market is weaker,
end at the moment there are no signs of this.
"More contracting for 1110 wools has been
fitoing on In the Weei, but mostly by one
ofton house, and It is not ready to make
; T'tbllc at what prises they are doing business,
f "W ith the bulk or the trade, aheep raisers
j.f ricp hok ell out of reeson and decidedly
?riky. As a matter of fact, it Is extremely
; doubtful If dealers couid at today's market
.sat a new dollar for an old one on wi-ot for
uhlch they have contracted. It la estimated
ttljPt something llkt- 10.000,00 to 16.O0O.4XHi
jnnds have already been taken by Extern
ri aJT. '
3IOKK m'YLXti OF WHEAT FOR MEXICO
gtuMness for Soiit hern Account Reported
ITom Vancouver, B. C
Not much business Is under way in the
wheat market, but a fairly steady tone pre
vails and the possibility of Important de
velopments imparts a more cheerful tone to
the market. One of these expected develop
ments is the demand from Mexico. It was
learned yesterday that some purchases for
.Mexican shipment have been made in the
Xorth, particularly at Vancouver, B. C.
There have also been inquiries here from
the Southwest for club wheat and country
fid vices yesterday reiorted Eastern Inquiry
for red wheat. No new business with Cali
fornia baa come to light, as the Southern
buyers are reluctant to take hold now.
Another slight advance in San Kranoisco
t-arley quotations occurred yesterday. The
market here was quiet. Oats were steady
with sales at $H2 reported.
Local receipts,, in cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Elour Oats Hay
Mondny -to 1 10 4 20
Tuesday V7 - 1A 11 1$
Wednesday ... l 7 4 1
"Y tar aro 1 4 1 1 20
Season to da to. 77 1 J 1 1:7 140.1 3rt3rt 1 Mfl2
Iwr ago UtSi 1340 74t oiS ltfOO
Kank Clearings.
Bank clear inns for the Northwestern cit
ies yesterday wtTtf as follows:
Vorttniui $ 1 .tlo.r.St $2S0.VW
S.-att !e I.4f 4H.041I
Trtcoma ir.H
Spokane 77o.iMO 157,074
PORTLAND MAKKETS. .
Oraln. Flour. Feed. Ete,
WHEAT Track prices: Bluestexn, Si. 16;
cl;:l. 1.01; red Kussian. $1.04; Valley.
4o-fold. 1.10.
n.VKUKY Feed and brewing.. $2S3T2
per ton.
FIaU'R Patents. $t.l3 per barrel;
strali;nu. ?." v-ort, f-.50; '.illpy, f5.Jt;
graham, 45.70; whole wheat, quarters. S3. 00.
OO UN V hole. $:tr; cracked. 536 per ton.
ML'LLSTVFFS Bran. 'J4ff2i per ton;
middling. shorts. 28 ; rolled bar
ley, j
tATi No. 1 white. $r.2 v11" ton.
HjY Track prices: Timothy: Willam
ette Valley. $lS.n -i per ton ; Eastern Ore
gon, a If alia, $17jlS; clover. $16;
grain hay. $117.
Vegetables) and Froitm.
FRESH FRUITS Apples, II OS box;
pears. 111.60 per box; Spanish Malaga,
per barrel; cranberries, $Su S per
barrel.
POTATOES Carload, buying prices: Ore
Kon. 7diS.r.c per back ; fwttt potatoes,
l-j r-f 1 j.o;nd
VKGKTABLES Artichokes. SI S 1-35 per
dwn; (HUli.ige. S1.75j - per hundred; caull
flowtr. 1.75 per doz. ; celery, ja-oVvft per
irate; eKcpiant. S1.7S; hothouse lettuce, $1
1.2 i bo ; peas, 10c lb. ; garlic. 1 Sc lb. ;
; horseradish, 9n iOo rvr pound; pumpkins.
ls-lso; huUsUm. ;aa ps:r Oui.; MuruUk
7p8c per lb. ; squash, 2c ; tomatoes. $4-25
per crate.
TROPICAL FRUITS Oranges, $22.73;
lemons, fancy. $5.25 ; choice. $4.50; grape
fruit $3.53i34 per box; bananas, bvtoc
per pound; Japanese oranpee. 1 1 .6" g 1.75 per
bundle: uuieerlr.fes. S1.75 per box.
SACK VEGETABLES Turnips. SI. 50 per
sack; carrots. $1.25; beets, $1.50; parsnips,
$1.50.
OXIOXS Oregon. Sl-50 per saclt.
Dairy and Coantry Prozac a.
BUTTER City creamery extras, 3739c;
fancy' outside creamery, 35 4; 37c Pr ib-;
tore. 20&22Hc. (Butter fat prices average
c per pound under regular butter prices-f
EGGS Fresh Oregon extras. 32 "9 33c
per dozen; Eastern. 173 22c per dozen
CHEESE Full cream twins. - 1619e
per Dound; young Americans, lHi;0c
PORK Fancy. 11c per pound.
POULTRY Hens. 17& 18c; Springs. 17
18c; ducks, 21 22 c ; geese. 12&'i4c; tur
keys. 1 1 ve. 7,c ; d reused, 22 30c ;
squabs. $3 per dozen.
VEAL Cxtras. 12 13c per pound.
Groceries, Irted Fruits, Etc
DRIED FRUIT Applet, 10c per pound;
peaches, 7c; prunes, Italians. 4 5c;
crunes. French. 4 if-5c; currants. lOc: apri
cots, 12c; dates, 7?c per pound; fig?. IOo half
pounds. 1.2 per box; 5o six-ounce, $1-75 per
box; 12 12-ounce, 7oo per box.
SALMON Columbia River. 1-pound talis.
12 pur dozen; 2-pound talis, $2.u5; 1-pound
fiaia, 4.2.10 Vt; Alaska pink, 1-pound tails.
vOc; red. 1-pound tails, $1.45; sockeyes, 1
pound tails. $2-
COFFEE Mocha, 24 28c; Java, ordinary,
17S 20c; Costa Rica, fancy IS 20c; good,
Ifllbc; ordinary. 12 I tic per pound.
N UTS Walnuts, 15c per pound; Brazil
nuts, . 12 14 15c; filberts. 15c; almonds,
16 u 17c; pecans, 15 16c; cocoanuts, 80c $l
per dozen.
BEANS Small white. 5 He; large white.
hc; Lima, 6c; bayou. 6c; pinlc, 4 c;
rea Mexican, 7c
SUGAR Ury granulated, fruit and berry,
f0.5; beet. 55.65; extra C, $3.55; golden C,
$5.45; cubes (barrel), $tf.4o; powdered
(barrel), $6.30. Term on remittances
within 15 days, deduct c per pound. If
later than 15 days and within 80 days, de
duct per pound. Mapie sugar, 15 l&c
per pound.
SALT Granulated, $1-4.50 per ton, $1.90 per
bale; half ground, loos, $10 per ton; &o,
$10.50 per ton.
HONEY Choice, $3.25 8.50 per cafe;
strained, 7o per pound.
Fun.
The following prices, based on the Jtondon
January sales, are for large, full-furred skins
well- handled:
FURS Mink, Northwest Canada and Alas
ka, gU.SO'jx-U; Colorado, Wyoming. Montana,
Idaho and Utah, 5.50-it 7; Ortgon, aa!i
lngton and California. $4&5..?V0; British Co
lumbia and Alaska Coast. $4 & 5. Red fox.
Canada and Alaska. Ss'ij 10; Oregon, Wash
ington, Idaho and Montana, $7. Lynx, Alaska
and British Columbia. 23; Pacific Coast,
$22. Raccoon, 75c U 1. irkuiik, Canada, $2.50;
Pacific Coast. 75c i 1.50. Wolf ana coyote,
Canada. 4& 5 ; Idaho, Montana. Wyoming,
$2.75&3.25; Oregon, Washington. Utah. Ne
vada, $l.r0' a. Beaver. Oregon, Washing
ton. Canada. Alaska. $5. SO.'fx 7 ; Idaho, Mon
tana, ITtah. Wyoming, O.50 ir 7; cubs. $2 Co)
2.50. Otter. Canada., Alaska, $12..0U 14;
Oregon, Waahington, Idaho. Montana, $ 10
il Wildcat, Alaska, Canada, British
Columbia, $34.50;' Pacific Coast, $1.75
2. 5. Gray fox. Pacific Coast, 1.75 2.50;
Bear, black end brown. Alaska. Canada, $10
(& 20; cubs. $12'tf 35; Pacific Coast, slot? 15;
cubs. $5'h 7 ; grizzly. perfec-t. $25 (n 35.
Badger, 52. MusUrat. Canada. Alaska. -40c;
Pacitlc Coast. 3uc. Marten. Canada. Alaska,
12U 18; Pacific Coast. $lufa 12. Flsiter.
British Columbia, Alaska, $15 20; Pacinc
roam. $!Crf 15. Wolverine. C,:d S. Silver fox.
$noo$j. 500. Cross fox, $H) 15. Sea otter.
$200.H 450. Blue fox. $ 10. Wlxxte fox.
$12ra0. Swift rox, -Hc. Ermine. 40c. Moun
tain lion, 4..&10. Ringtail cat. :j(&75c. Civet
cat, 10j30c. House cat. fif.i 25c.
Provisions.
BACON Fancy. 27c per pound: standard.
22c ; choice, 2 I c ; En glisli. 2 '' 2 VC
DRY SALT CURED Regular short clears,
dry salt. 15 Vic; smoked. ICi'-c; fchort clear
back, heavy dry salted. 15 K-zc, smoked,
ItJc; OreRon exports, dry salted. 10c;
smoked. 17c.
HAMS 10 to 13 pounds. 17-c: 14 to 1
pounds. 17Vic; 13 to 2o pounds, l7,c; hams,
skinned. 13c; picnics. l;tc; cottage roils,
15c ; boiled hams, 24 (fx 25c ; boiled picnics.
Sic.
LARD Kettle rendered, 10-. 17c; stan
dard pure, 10s, ltt UjC ; choice, lUs. 15 J,3c;
Compound. 10j. 1 1 U c.
SMOKED BEEF Beef tongues, each, 60c;
dried beef sets. 10c; dried beef outsides. 17c;
dried beef ineides, 21c; dried beef knuckles,
2oc.
PICKLED GOODS Barrels: Pigs feet.
S13.5U; regular tripe, $10; honeycomb tripe,
$12; lunch tongues, fli',50; mess beef, x
tra, $12; mesa pork. $25.
Hop. Wool, Tildes. TCtc.
HOPS 1009 crop, prime and choice 20?i
3?lJtc; tOSs. 17fect l!M7s. lle j.er pound.
WOOL- Eastern Oregon, lb.23c pound;
olds, nominal.
MOHAIR -Choice. 25c pound.
C ASCARA BARK lJ-c per pound.
HIDES Dry hides. ISlSc per pound;
dry kip. lS!&18jc pound; dry calfskin.
2lc pound ; salted hides. lOi lO'c; salted
calfskin. 15c pound; rreen. lc less.
OFFER WHEAT FREELY
15CT XO BUYERS IX THE SEAT
TLE MARKET.
Shipment of Mancliurlaii Corn Is
Due Today Butter Market
Is Steady.
SEATTLE. Wash., Feb. 2. (Special.) All
activity died out of the grain market today,
and although holders offered bluestem wheat
freely at $1.16, no sales were reported. Two
hundred tons of Manchurian corn is due
here tomorrow. Thre Is a good demand
for this and the entire shipment has boen
disposed of. liay is dull. .The railroads
have laid an embargo against all shipments
from Eastern Washington points until the
300 or 400 cars now In the yards are cleaned
up. Meanwhile track timothy commands
about $22.50 and sells at $24. Several bar
ley dealers are reported to have sold short
to a considerable degree during the recent
flurry here.
The local butter market is pteady. The
recent cold snap has apparently shortened
up the cream supply, and until the weather
moderates no change is expected locally.
Eastern and California butter Is easier and
this has an unsettling effect here, but owing
to the uncertainty in getting cars through
from the East, few shipments are expected.
KggB are firm at yesterday's prices.
Veal sold up to the top, with not enough,
arriving to meet requirements.
The orange market has been greatly upset
by the recent sale of a large number of
frozen oranges. Local dealers criticixe Cal
ifornia shippers for sending such stock north
and state that the loss will fall prlncipally
on them.
While good sweet potatoes sold as high
as $2.50 today, a large amount of cheaper
stock is offering. Cuban tomatoes sold down
to as low as $3.
QCOTATIONS AT SAX KKAXC1SCO.
Trices Fatd for Produce In the Bay City
Market.
SAN PR AN CISCO. Feb. 2. The follow
ing were the Quotations In the market to
day: iMtllstuffs Bran, $25 5027.50; middlings.
$3:; ig :ui.
Vegetables Cucumbers. $11.5(V; garlic. 4
(fi 5c ; Kocen peas, S 15o; string beans,
nominal.
Butter Fancy creamery, ROVtc; creamery,
seconds. Site; fancy dairy. 2!c.
Eggs Store. 3c ; fancy. 32c.
vlieese New, 17'y lSic; Young Americas,
1S"i 2 ic.
Hay Wheat. ?14'ti 1f; wheat and oats. $12
fr lite : alfalfa. $ y 12 ; stock. $7 '9; straw,
per bale. 50 75c.
Fruit Apples, choice. 75c'ff$l ; common.
50toi5c; bananas. 75c'a$S: limes, $4fi4.50;
lemons, choice. ?2'u25; common. $ij150;
oranges, navels, $ 1.75 '0 2.50; pineapples. $2d
2. SO.
pies, S2 9 2.50.
Wool South Plains and San Joaquin. 89
10c.
Hops 19 $r 25c per pound.
Potatoes Oregon Burbanks, $1.1S'1.25:
Sallnas Burbanks. $1. 33 1.53; sweets, $1.70
S 1.S5.
Receipts Flour. IS; quarter sacks;
wheat, l."70 centals; barley. :?150 centals;
beans. 4K sacks; corn, 005 centals; potatoes.
SO IO sacks; bran. ISO sacks; middlings, 80
sacks; hay, 5lO tons; hides. 22y5.
Dried I'rult at Nevr York.
XEW TORK. Feb. 2. Evaporated apples,
meady. Spot fancy, 3 0 4 4j tier choice,
vc; prime, 6- c; common to fair, 6
Prunes, firm. California, 2Aj0c; Ore
go ns. OiiOc.
Apricots, steadv; choice. J 1 (&" 1 1 4 c; ei
tra choice. 1 1 iy 12 V c ; fancy. 12 fili.V-c.
Peaches, firm; choice. ti3'7c; extra
cnoioe. 7c; fancy, 7ii Sc.
Raisins, steady; loose muscatel. 4 "ff 5 c;
choice t fancy, seeded, 5Si fiNic: sedloss
J.3aiw4o; London, iajtrs, 40-15liii
BREAK AT THE LUST
Stock Prices Crumble Just Be
fore the Close.
LEADERS ARE HIT HARQ
Failure or the Bond Firm of Fiok &
Robinson Has a Bad Effect on
Sentiment Iedeniption
of Bank Notes.
XEW TORK, Feb. 5. The stock market
today had to digest the failure of Firfk &
Robinson, announced after the market closed
yesterday. Manifestly there was no great
relish in doing; so. The primary declines,
which were within one point limits, brought
out prompt support and recoveries followed.
The failure b.d features about It that
placed it out of the usual lines of its partic
ular business, notably in the extent to which
its commitments were in bonds of properties
in the constructive stages. The liabilities,
while large, did not In themselves give occa
sion for fears of direct consequences to the
general market. The incident directed new
attention, however, to th-e market for bonds
in general, which has not been effectually
relieved at any stage of the extensive specu
lative movement in stocks.
One reason advanced by bond dealers for
the sluggish demand for high-grade, well
secured bond issues is the preference of in
vestors fur inferior grades offering a higher
joturn. The high cost of living is blamed
for this peculiarity In the situation. Thus
far the decline in the Interest rate on money
has failed to correct this defect in the bond
markt. A diversion of investment from
fixed Interest securities into stock shares
with claims to divert the increment of profit
Is an actual tendency In times of expanding
earnings or even of price Inflation by re
dundant currency or increased gold produc
tion. The stock market toda was almost inert
in prer-unee of the doubts in the minds
of speculators. A sustaining effect was
caused for a time by the buying of Reading
The news of that stock did not go beyond
reports of the souroe of buying. The va
riety of those reports left an Impression of
unreliability.
There was some further pressure on the
specialties which suffered most in yester
days liquidation. The copper group was
hurt by a sharp d-icline in the price of cop
per In London and unsatisfactory reports of
the trade position of that metal. Foreign
stock markets, as well as .New York, were
affected by this factor.
The monthly financial statement of th
"'ted Ktates treasury shows a total of cur-
fnine?Lm--Ioa ?f ba"k notes for tne month
or M0.Sti4.o4o, which establishes a new rec
ord. The foroj of the return flow of cur
rency from the country's circulation receives
a striking Illustration in this figure
The final break came with great sudden
ness and In some cases with sensational vio
lence I nited states Steel, Southern Pacific
American Smelting and others sold lower
than in the period of greatest weakness last
w.?ak c!"S tone was feverish and-
Bonds were Irregular. Total sales, par
value. S2.S8S.O00. United State, bonds wre
unchanged on call.
CLOSING STOCK QCOTATIONS.
e. . - Closing
Am Chamter, t ":.!?!'; .
'.upper 24.7'K) H'.,
Am Agricultural .. iron 441
Am Bt et Sugar . . Boo 37 "
Ana Can Df ....
4:11-,
3t
Am Car & F-un. s,'k " ii'ti "eh ' t'i.1
Am Cotton Oil
Am Hd & pf. 3,.,, ssit "s5
Am Ice Securi .. 00 1 -.-.i t,,-"
Am T.ineeit nil 4
M
01 1.UW '. Slitj. tisti
lciren ... WW lf.g igi j()S
Am Sugar Ret .. suO 12 rin? l-',u
Am I' & Tel 1.SU0 13G'a ISoi lTiSi,
Am Woolen ..1."3V ' zk'i "sr.i:
Anaconda Mln fo r. r.co Kit:" V 7
t" n'ua'. UO PI C: :t'
Atchijn -.. 10.SOO 115U 115
do preferred . livj
Atl Coast Line 2o " ig " 107
do preferred fil
Bethlehem ISteeU. '
B rov.k Pa o T ra u . 2 K) 72 7 i ; 71 u
Canadian Pacific .. ivso 1S0 170,2 371fC
Central Leather . . 3Mi 3814 'J..s2
do preferred 30ft
Central of N J 50O 8mV ,("" 3,,
Cfce & Ohio .... 1.0O0 84 fru. 85
Chlcaijo A Alton .. "istj f,7
Ch I era j?o G t West . 2" -O 311. ;u , 1 iota
Chicago & X W... 700 1o"U
C. M & St Paul.. 3474 146-
C C C Ift St L... l.no SI U 79 0a?
Colo Pjel & Iron.. 2,fon Rfj Mivl
Colo & Southern.. 700' B8-j fS 53
do lt preferred. 81
do 2d preferred .. go
Consolidated Gas .. 3. ADO 345 144' 144i
Corn Products ... .VK 19i4 ' 1S IKi
rel & Hudson 60O 174 17314 173
D & R. Grande 40
do preferred ... 2lK &i fO " 7&ii
ri.Lillera' Securl.. 40 31 30 .V.
Ee 2" ' 2fiji 28--; 2KU
do 1st preferred. 1.800 4Q 45 45
do 2d preferred. S5
General Electric .. SoO 152 1M
Ot Northern pf ... 1.6X l:t5 138 1344
Ot Northern Ore 1.700 71 70
Illinois Central 140
Interboroueh Met.. 7 0oo 20 19a4 1
do prt-f erred 1.0.000 51 nu 50
Inter Harvester . . Rf'O 12:- 1 ma; 120
Inter Marine pf . . ano 2i 2o U
Int Paper uO t.1 . 12a; 121
lnt Pump WO 48 4 4ft
Iowa Central .... 2o 2.'i 22 22
K C Southern . . . 300 37 37 36
do preferred t'ui,
Louisville & Xash 1,000 345 145 144
Minn A St L 43 .4
M. St P & 8 S M. 2oO 135 1.15 134
Missouri Pacinc . . 5" 60 ttHi tlfl
Mo. Kfln & Texas 8.700 414 41 4J
do preerred ... ..... 70
National Biscuit .. 10 1 lo 110 lop
National Lead ... 600 8-i 82 82i
Mex Nat Rv lit pf i
N T Central 2,S0A 11854 117 1174
N T, Ont & Wert. 500 444 44 44
Norfolk & "Wesl . 2oo ft"
North American . . IOO 77V, 77 77
Northern Paclllo .. 3.fiOO 135 "J 134 U 134
Pacific Mail f0 33 30 30
Penney vania 18.0O0 133 133 133
People'n Gas 2.VW 300' los; 18
P. C- O & St L... 2tO 10 9fi
Preached Steel Car. S0O 41 41 V4 40g;
Pullman Pal Car 190
Ry eteel Spring. . V0 41 40 40
Reading 141. 2oo 1 fi 1 1 5 15 S
Rerublto Steel ... l.flOO 3 351,; 85
do preferred ... frx 30. t; 100 lm
RocVc Ieland Co.. 5.400 42V 41 41
do pre f e rred 82
ft L S F 2 rf- 2,0O0 JU 4R 4S
St L Southwestern SOO 27 24 27
do nreferred 72
floa-hefrieId . 75
Southern Pacific .. lft. 700 127 1244 1254
Southern Railway. 7"0 29Sg 2S 2S
do preferred 70O fir,
Tenn Copper .... 2i 34 S4 "3
Texas? & Pacific Bo
Tol. St L A Wet. 200 45 45 44
do preferred 6
T-nloa Pacinc .... 55, 7v 1 3f!4 lR4vi
do preferred ... IOO ps ftg
T 9 Realty 5"0 75 75 75
T" S Ruhber 8"to 42 41 41
IT 8 Stel ST.Z.KO S2 S' 8.1
do preferrel ... 1.4AO 123i 122 122'
T'tah Copopr . 2.0OO 5-" -iUi 4! ".4
Va-Caro Chemical, l.ooo ."2 fi' 50
Wabash l ino 204 2 a 20
do preferred 7.300 47 45 4ft
"U'estern Md 474
"n-ejtlnp-hour "Elec 30 71 71 P0 l
"V"emem t-'nlon SX 71 704 701
"Whoel &c L Erie 51
ipcoiifin entrai 41,
Pittpbursr Coal
3nO 22
'70O Gft
o
2
5ti
Am Steel f.y ...
00
119
La-lede Gas . . . . " 7.SOO H4 U 101
Total sales for the day. B67.SoO shares.
BONDS.
NEW TORK. Feb. 2- Closing quotations:
L". S. ref. a reg1O0!N. Y- C. yn 3,s Ol
do coupon ...lOO-S No. Pacific 3s.. 73
V. S. 3s res. 101'No. Pacific 4s..lO0
do coupon 101 Union Pacific 4s. 101
t. S. new 4s reg.114 VlWis. Central 4s. 94
do coupon 1 14 a .Japanese 43 90 B
r. & r. g. 4s. . vo:
Money. Exchange, Kic.
XTIW YORK. Feb. 2. Prime commercial
paper. 40 4 to 5 per cent.
Sterling exchange, steady, with actual bus
iness In hankers bills at $4.R.'!7"'&4.S3S5 for
6U-day hills, and at $4.St20 for demand.
Commercial hills 44-:1 M. S3 4.
Bar silver rilic.
- Mexican dollars 14c.
Government bond, steady; railroads, ir
regular. Money on call, easy. 2 $-2 per cnt;
ruiing rate. 2; closing bid. 2; offered t
2s per cent.
Xlzna Joans very soft uA trrfirr dull:-00
days. 93 per cent; 90 days, 34; six
months, 4 per cent.
Feb. 2. Steady.
per
ounce.
Money, Hi 5 2 per cent.
The rate of discount in the open market
for hort bills is 2 9-19$r2t. per cent.
The rate of discount in the open market
for three months toilis is 2 9-lo2 per
cent.
Consols for money. St 15-16. consols for
account, gl 1-ia.
SAV FRANCISCO. Feb. 2. Sterling on
London, 60 days, $4.84 sterling on Lon
don, sight. $4.S6'i,.
Silver bars 31 He.
Mexican dollars 13c.
Drafts Sight, 7tic: telegraph, 12t3C.
otern Minlns; Stocks.
BOSTON. Feb. 2- Closing quotations
Allouex 45 Mohawk
Am a lg. Copper. 79 1 Nevada. Con. . . .
A. Z. L. & Sm. 31'Nipissing Mines
Arizona Coin. .. 42jNorth Butte ...
Atlantic jOld Dominion . .
B C C & C rts. . 19 (Osceola
B & C C & S M. 1' TPnrrott S A C)
Butte Coalition. 2o 4 iQuincy
Cal. & Arizona. 70 . Shannon
Cal. & Hecla 6."0 ISuperlor
Centennial . . . . 2S i-up. & . Bos Min
Cop. Ran. C C. .76 Sup. & Pitts. Cp.
Franklin 20 ITamarack
Granby Con. ... 93 'U. S. Coal & Oil.
Greene Cananea 93 'C S. S. R.' & M.
1. Royalle (cop) 22 do preferred "..
Kerr Lake .... S't'tah Con
Lake Copper ... 70! Winona
7
22
7 ;
R5 j
45
154 A
19H
34 A
. 15
54
14
13
0A
37
40
10A
140
La Salle Copper 15 Wolverine .
Miami Copper . 24 I
RECEIPTS ARE LIGHTER
TOXE IX THE LIVESTOCK MAR
KET IS STEADIER.
Prices Io Xot Advance, However, as
the Demand Is Still
Backward.
Receipts of livestock at the local yards are
beginning to fail off somewhat. Shippers
have been notified to hold back shipments
as far as possible until the accumulation
ccfU4d be worked off and this they now seem
to be doing. The effoct on the market is
apparent in a generally healthier tonW.
though values have not yet responded. This
can be attributed to the slow demand 1 1 ora
the packers, who have been disposed to hold
off while valuee were In the act of receding
When the position of the market is again
fully established, a renewal of buying can
be looked for.
Receipts at the yards .yesterday were loS
cattle. 40 calves. 05 sheep and 7 hops.
Shippers at the yards yesterday were: W,
O. Cumnilngs. of Stanfield. one car of cat
tle; Prineville Land & Livestock Company,
of Shaniko. four cars of rattle; J. K.
Reynolds. of Condon, two rars of cattle,
calves and hogs, and Lincoln Overton, of
Brownsville, one car of sheep.
Prices quoted on the arious classes of
stock at the yards yesterday were as follows:
CATTLE Best steers. $5; fair to irood
steers. $4.50& 4.75; strictly good cows, $3.75
i4.ru; fnir to good cows. 33.50; light
calves. 5ij5.50; heavy calves. $434.50;
bulls, S3 50 (& 3.75; stags. -$3 4.
HOGS Top, ; fair to good hogs, $3.50
8.75.
SHKEP Best wethers. $5.50.falr to good
wethers. $5 fir 5.50; good ewes, $4.75 a 5;
lambs, G.50.
Eastern Livestock Markers.
CHICAGO, Feb. 2. Cattle Receipts esti
mated at 1 0.O00 : market. lOfia l.,c higher.
Beeves. 4.35ir7.70; Texas Meers, $3.90 5;
Western steers, $4.15gTH; stockers and feed
ers. $3.155.45; cows and heifers, J2.20
0.70; calves, $70.25.
llogs Receipts estimated at 23.O00; mar
ket. 5o higher. Light. S.2fi-S.0; mixed,
$$.25 G S.72 : heavy, JS.35 i 8.75 ; rough,
$3.35 8.50; good to choice heavv, $8.50 ftp
S.7T; pigs,. $7.lO8 20; bulk of salits, SS.oOtfi
8.70.
Sheep Receipts estimated at 15.000; mar
ket, strong to lOc higher. Native. $4.10tfj
6.40; Western, $4.25 (&1 0.45 ; vcarlings, $78:
lambs, native, $ti.255 8.50; Western, $U.25
B-50.
KANSAS CITY. Mo., Feb. 1. Cattle Re
ceipts, 4KK; market, ll)(. loc higher. Na
tive stfers $57.25; native cows and heifers,
$2.75g3.25; atockers and feeders. $3.40
5-SO; bulls, $3.00$ir5.l0; calves. $4t9; West
ern steers. $4.73 (tvij.ZO; Western cows, $:jt&5.
Hogs Receipts. 70O0; market, 5c higher.
Bulk of sales, $S.25 S.55 ; heavy, $S.50&
8.02; packers and butchers, $8.35 Si S.00 :
light. $8. 10 8.43; pigs. $7S.
Sheep Receipts. 5OO0; market. 10c higher.
Muttons. $4.50 Q.25; lambs, $7 8.50; fed
Western wethers and yearlings, $5 7.75 ;
fed Western ewes, $4.50 5.75.
OMAHA. Neb.. Feb. 2. Oat tie Receipt
8O0O; market active. 10 15c higher. Native
steers. $4(7 cows and heifers. 3'a4.15; S' ext
ern steers, $3. 35-6 ; cows and heifers, $2.&U
4.75; cannersv $2.253.25; stockers 'and feed
ers. $2.805.30; calves. $3.5o-S; bulLa. mags,
etc., $3&5.
Hogi Receipts 640O; market 10c higher.
Heavy. $8.458.60; mixed, ?S.308.4O; light,
$8.409.45; bulk $8r308.45.
Sheep Receipts) 4mx: market irvjfl5c high
er. Yearlings, $0.407.40; wethers. $5.25
6.10; ewed, . 4.&0fti5.75; lambs, $7.50S.35.
Coffee and Stijrar.
NEJW YORK. Feb. 2. Coffee ftitures closed
dull, ret unchanged to "five points higher.
Sales were reported of 250O begs, including;
Septemfcer. 1.10c and December 7.05c. The.
world's visible supply of coffee decreased
014.244 baa-s for the month of Janaury,
compared with a decrease of ."R8.703 for the
same period last year. The world's visible
supply for September 1 was 15.755.029 bags,
compared with 15.341,489 la?t year, apot
coffee, quiet; No. 7 Rio, 88c; No. 4
Santos. 9 0 c. Mild, coffee, quiet ; Cor
dova, 9fSHc.
Sujrar Raw. firm; Muscovado. RO test,
$3.67; centrifugal, 90 teat. 4.17i; -molasses
sugar. 89 test, $3.42 Refined, stesdy,
crushed, $5.85; granulated, $5.15; powdered,
53.25.
Metal Markets.
- NEW YORK. Feb. 2. The market for
standard copper on the New York Metal
Exchange was weak today, with spot and
February closing at 13.O013.20c; March
and April at 13.0013.12c. The London
market was lower, witfc spot closing at 59
12s 6d and futures at 00 10a Local deal
ers quote lake copper at 13.62 U 13.87 c ;
electrolytic at 13.37 13.02 Vc, and casting
at 13.12 13.50c. Arrivals of copper at
this port today were 15 tons and exports,
according to customs returns, were 157
tons.
Tin was easy, with spot quoted at 32.50
4S- 32.75c; February. March, April and May
at 32.30tT 32.ftOc. The London market was
Largest
SAXONIA
T win -
For Futl Particulars and
Uralses
5 2S V7
THE CUNARD STEAMSHIP CO Ltd,
Hew York. Boston. Chicago, Minneapolis. Philadelphia. St. Louis,
The Top of a
1 1 UJLj
Street
THAT'S WHAT MAKES IT SAFE
FOR HORSE OR AUTO
RESOURCES
Loans and Discounts.
Overdrafts
U. S. Bonds to secure Circulation...
Other Bonds and Premiums.........
Real Estate
Furniture and Fixtures
Customers' liability under L. C
Due from U. S. Treasury. $ 12.500.00
Due from Banks 322,868.09
Cash 552,135.23
lower, with spot, closing at 147 13s and
futures at 14i 73 Gd.
Lead was dull, with spot quoted at
4.67 t 4.7214c New York; 4.55CH.00 East
St. Louis. l"he London market was higher
at 13 7a Gd.
Spelter waA weak, with spot quoted at
5.ni (V UOc New York and at 5.05 5.75c
East Louis. The London market was
unchanged at 23 5s.
The Knglinh iron market was lower, at
61s 3d for Cleveland warrant Local I v no
change was reported; No. 1 foundry North
ern. $lS.54i& 1O.0O; Xo. 2, $18 25(18.75; No.
1 Southern and No. 1 Southern soft, $18.50
(5 10. no.
PORTLAND,
SEATTLE, SPOKANE,
TACOMA.-
Dcwning-Hopkins Co.
BROKERS
Eatabllnhrd 1S93.
Storks,
Grain.
Private
Wires
201--3-4 Conch Bills.
TRAVELERS' GLIDE.
All Modern Paffty revic-on Wireless, etc.).
London Fariw liiimtmrc.
iAmPrika Keb. li-Hres. Lincoln. Mch 'l
tVennsvlvanla. Feb. l! 'Pres. Grant. AU h. 19
tOraf Valder..Feb. 26 tAmerlka Slch. 26
tKais. Auir. Vic . Mch SitPnnpylvanta .. April 2
TRitz-CHrlton a la Carte Restaurant.
t nam Durf
Italy
tHanihurg direct. Omila Plymouth.
AND THE TIil A
CONVENIKNTLY
REACHED BY OCR
MEDITERRANEAN SERVICE
The splendid, lare steamships
crvcixN.vri. moltke, a hambcro,
sail January 25. -9, etc., for Gibraltar.
Naples and Genoa (.with, occasional calls at
the Azores and Madeira Islands). Excellent
connections with steamers ot Hamburg &
Anglo-American NWe Co.'s services up the
Nile throi-sh K('PT.
Tourist Oept. for Trips Kverywhere.
Hambiirft-Anifrirati IJne. 100 Powell St.,
San Francisco, and Local liailroud Agents
in Portland.
nFW7FAfANn New Serrtc via Tahiti.
"L" AiLrlLrllll Delightful South Sea Tours
AIKTRAffA for Health and
rt-UOllVMLlrt Pleasure. New Zealand,
the World's Wonderland. Geysers, Hot
Lakes, etc. The favorite S. S. Maripoaa
sails from San Francisco March 10, April
13. etc., connecting at Tahiti with
Gnion Line for Wellington, N. Z. The only
passenger line from V. S. to New Zealand.
Wellington and back. S2B0: Tahiti and back,
$125. 1st class. SOUTH SKA ISLANDS (all
of them), three months' tour, $40O. Book
now for sailings of Dec 2S and Feb. 2.
Line to Hawaii, $110 round trip. Sailings
every 21 days OCEANIC S. & CO., 073
Market street, San Franc tec o.
COOS BAY LINE
Tho steamer BREAKWATER leave Port
land every WedueMlay, 8 X. M... from Alns
worth dock, for ioitli Bend. MaraliUeld and
Coos Bay points. Frmaht received until 4 P.
M. on day of sailing. Passenger fare, first
class. $10; second-class. (7. including berth
and meals. Inquire city ticket office. Third
and Washington streak or A Ins worth dock.
Phone Main 24S.
NORTH PACIFIC STEAMSHIP COMPANY.
is. b. Santa Clara sails
for Eureka and San
Francisco Jan. 1, 15. 20;
Feb. 12. 2rt. at 4 P. M.
S. S. Eider sails for
Eureka, ban Franclscjj
and Los Angeles. Jan.
4, 18; Feb. L 10. at &
P. M.
S. S. Roanoke sails for
San Francisco and Los Angeles Jan. 11, 25;
Feb. 8. 22. at 8 P M Ticket office 132 3d
st. Phones Main 1314. A 1H14. H. Youngs, Agt
SAJT FRANCISCO & PORTLAND S. 8. CO.
Only direct steamers and daylight sailings.
From Ainsworth .Dock. Portland, 4 I. il.
SS. Kansas City, Feb. 4, 18.
SS. Kose City. Keb. 11, 25, etc.
From Pier 4u, San Francisco, 11 A. M.
SS. Rose City. Feb. 5, 10.
KS. Kana City, Feb. 12, 26.
M. J. ROCHE, C. T. A., 142 Third St.
Main 402, A 1402.
J. W. H.4.VSOM, Dock Agent.
Ainsworth Eock. Main 268. A 1234.
Offer the unsurpassed in Luxurious
and Comfortable Ocean Travel
By the great 20,000 too stewnen
"CARONI A" February 19
a Tftw m m ait . .. .
triple - screw turbine in the World
Feb. 5, Mar. 19
a r -
Screw, - 1 4,300 tons
RiservationM apply to
Is Gritty
-i" til
STATEMENT OF CONDITION OF
lumbermens
National Bank
At the C16se of Business January St, 1910
LIABILITIES
Capital .TrT
Surplus and Undivided Profits..
Circulation
Reserve for Taxes '
Drafts acee"pted under L. C
Dividends Unpaid
Deposits
..$1,818,033.63
2,394.70
250.000.00
205,319.26
800.00
28.112.15
420.00
887,503.92
$3,192,583.68
STATEMENT OF CONDITION OF
LADD & TILTON BANK
JANUARY 31, 1910
RESOURCES
Loans ami Discounts
Overdrafts
Bonds and Stocks... l
Bank Premises ,
Cash on hand aud due from Banks...,
Total ,
LIABILITIES
Capital Stock fuly paid 1,000.000.00
Surplus and Undivided Profits ti33 195.87
Demand Deposits $t.)3(i.90t'.(it
Time and Savings Deposits 5.706.84G.50
12,043.753.16
Total. .
OFFICERS
W. M. HDD, Treal!eiit
RDtVAKU COOKI.VtHAM, Vi-Pr.
M. DtNCKLBV, Cn.hler
CONDENSED STATEMENT
BANKING DEPARTMENT
HARTMAN & THOMPSON, Bankers
AT CLOSE OF BUSINESS
JANUARY 31. 1910
ASSETS
Loans and Discounts..
Bonds, Securities, etc
Real Estate
Furniture and Fixtures
Cash on hand and due from Banks.,
LIABILITIES
Capital Stock
Surplus and Undivided Profits ,
Deposits
STATEMENT
Security Savings and Trust Company
PORTLAND, OREGON
At Close of Business January 31, 1910.
RESOURCES
Loans .- . $4,034,723.49
Bonds, Warrants 1,218,123.83
Customers' Liability under Letters of Credit...... 16,764.67
Caeh and due from Correspondents 2,553,576.48
LIABILITIES
Capital . . ;
Surplus and Undivided Profits
Letters of Credit.
Deposits
CONDENSED
THE UNITED STATES NATIONAL BANK
OF PORTLAND, OREGON
t
Submitted to the Comptroller of the Currency at the Close of Business
January 31. 1910.
ASSETS
Loans and Dis
counts . . . . .
$ 5,794,946.86
Unted States Bonds
at Par
Municipal and Rail
way Bonds
Bank Building' . . . .
Cash aud Excha i
954,000.00
959,607.04
125,000.00
3,794,051.77
Total
.$11,627,605.67
.$ 250.000.00
39.837.17
. 246.600.00
3.556.45
420.00
112.50
. 2.652,057.56
$3,192,583.68.
.$ 0,807.417.45
18.278.4S
. 4,998.321.94
75,000.00
. 3,377,931.15 .
.$ 14,276.949.03
. .$14,276,949.03
R. S. HOWARD, JU.. a. mat. Cashier
J. W. I.AUU. A-. ciaUler
WALTER M. COOK, At. Cashier
.$30,607.24
.. 53,647.64
. 40,947.20
5,000.00
. 102,693.09
$332,895.17
.$ 50,000.00
. 19,129.62
263,765.55
$332,895.17
OF CONDITION
OF
$7,823,188.47
.$ 500,000.00 ?
. 387,782.16.
. . 28,338.25
. 6,907,068.06
$7,823,188.47
REPORT OF
LIABILITIES
Capital $ 1,000,000.00
Surplus . 500,000.00
Undivided Profits.. 218,899.34
Circulation 692.700.00
Deposits 9,216,006.33
Total..
.$11,627,605.67