Morning Oregonian. (Portland, Or.) 1861-1937, December 20, 1910, Page 21, Image 21

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    21
TUESDAY, DECE3IBER 20, 1910.
THE 3IORMXG OREGOZSTTAX.
. - i -
I r. : : i I:
CROP IS OVERSOLD
Not Enough Hops Left to Fill
Short Sales.
SCRAMBLE IS OI-TTO BUY
Only 10,100 Bales Remain 111 Kirst
ILiiwI In tlie Vnlted Mates.
15-Crnt TranMclions In
Oregon. '
Th rc-m riant of th American bop crop
icrmi to be lance! J" oversold. Tir r
ir J0.UO bIr in th bands of to fcrow
rrm lm the t'nttd Static and I her la ra
mti to that a much larsrr quantity
than tbia haa beo void by Eastm dfilry
ta brvwrra and not yet dvllwrvd. Thar
era orders in ih local market yterday
for nor aopa than ar left In Orvga.
Only TlO bal rvmatn nnaold. and aoroa of
thao cannot b tone bed at any reaaonabla
price. la Naw York state tnero ar but
Zf aaJa In irowtnC hands. Twenijr-ftva
canta haa bee a paid for .Vmt Tork bop, la
Waahlnctoa tbara ra 1440 balea of Taklmaa
and about 1O0 bale in the weatera part of
the stale. California baa 9MQ baies ra
maJnlnc Th market there la strona with
IS centa beinc fraaly bid and for soma Iota
15H cents haa been offered.
Hop dealera bav no record of any year
when stocks were so low aa at present.
Lnder the clrcumsiancea the market can
not help be In a strong, and prices h IrheT
thaa those now current should be realised
ofoia th season ta over.
Tt Johnson Murphy lot of 110 balea
t Salrnr was sold yeteniy to th Kola
Ncla Hop Company al 13 centa. These row
rrs sold to ih same firm their crop of 1S
bate ef iius at 10 cents.
Klaber. Wolf Neiter bouKht tha Hart
'wan crop of 47 bates at SUrerton. 14 balea
f balem bona from Jld Hack and soo balea
from attarhler Orihbte, of Aurora.
Julius Hincus has purchased th Stephen
son Br crop of 30 tales, and 111 balea
from TV. i. Murphy, of Fuena Vista, both
it 15 c-nts.
In aunt quarter th Impression seem to
rerail that juliua IMqcu, who la a dealer
jf rrtl4nd. Is connected with th firm of
Isaac rMnrua tfons. of Tacoma. Thla fa a
natfftah as Mr. IMocu has no connection
v(iatc-r with the Tacoraa firm.
1IIJIAY Itl'LLNKM IN.GRAIX TfUDt
A Heal Weak mmd Mixtly Lower - OsUa aad
Barley I acaaaaed.
Th holiday fvelinc was strong In th
train market. Trains; waa at a low ebb. aa
hi; -era a ere not dispoevd to take nold and
elier were Ind.rferrnt about offering. la
h-t, trie umlcrtone was easier than last
ari-k and ler price were quoted. Oats
and barley were uar.'.arKed.
Lot -a receipts. In cars, were reported la
-he Merchant Kschanxe. as fullows:
ttbrat. KaxJey. K.our. Oat a Hay.
Fndav -I. .1 Irt J IT
.r a... . . I I
4ratn to dt. tjs Z7n 1T
1 -r aav .- 7 I wo I l"-0
Ih wevkly wheat statist lea of tha Mer
. Hants' Riv htRM follow;
American Visible Supply
Push!.
I..n.tr -I.
I ettt be r l
n.hrr Jr..
i m fxr r "
I mtr - .
cmb ?.
I ' m r "T
Leoemrr 2
I:... . ,
.'JHU. . .
!"...
I.H.I.. .
!... . .
I !,
lv-t.
.; i
... i.
. .......:.
.4.l7 J
7i .
.3.1i4.ew
. 4. 3 .
.1.473.UOO
IncreaMb
.-:;4.h0
ST.t.tii'O
I Itf.otm
;j.O"ii
1.1. .H-H
Itu.ot-a
.VM.la
&l.f)
Quaatitie em Passag
Week Week Week
end ins rnuinc ending
tkvc 17 lec. lO lc. 1 S.
pfr lluah'Ia TluhetB Huhfll
r K 17. l.0 17.440 i0 J.r-MMU
oatlaeat ..14.o.uou 16.imw.0wO .au0.uow
Total . . 12.OO0.WO 34.240.000 24,020.000
World' ebipmats. Flour Included
froaa Bushels Bushel Bushela
Week Week Week
ending ending coding
lec. 17 1U Xee,
r. raa...2.s4tooo 3.4twi.id J.4V0-a
Argentina ... iovooo ;v" lrt.oi
Australia ... 4 ai'nHiu SSu.wi)
lanubiaa . l..0iO l.u.O 311.000
KuHi 4.31d.MM .4.000 4.-&M.0O0
iadia i.A.ovO 4.0OV
Toiala ....aTa.aoo li.il4.aoo a.ft37.0oo
Total arbaat shipments, flour Included
from tha ptiarlpal exporting eountrla for
tha aaaaoa to data compare with tha aama
last yeax aa follow:
Total sine Sam period
JuHU. iio. Last ii-uoq.
V. 9. and Canada.... 5.12l.o m. Wi amh
Argvatln ZX444.o .1i,ihji
Australia 1 1. . 0 12.074.1H0
lanubiaa 4 .. 5.1VJ.0OO
ItuMit .......... ...121. 44 . 115.Su..O0
India Z-.7i.0o . 17.2U2.000
Total ...
..SVd.117.VOv 40,446,000
GOOD kKtrrtSQ ORPCKH ItR TCRUYS
No lee4 D I as sd YetL-OOckowa Ar Elr
Receipt f dreaacd turkey wer liberal
yesterday, but they nearly all went ta fill
out -of-low a order. Thar waa no local de
nt and and probably wilt not ba be for Wed
nesday or Inursday. om of tha retailer
mad offer of CO and S3 cents, bat wer
not c com mod a ted. The shipping business
waa oa tb basis of S3 centa
U turkey wer in good demand and
cleared up ar so centa. Chickens were alow
with the average quotation about 14 Sc.
Ta cooler weather baa checked tha de
cline la cgt. and Oregon ar moving out
at 4St cent, which price dealers vxpect
ta maintain for tb remainder of th week.
There wer no new development ta tne
butter trade. Local butter was in light
supply.
ftVUl.LT ARK LOVir TO AITfcAK.
VWa rteatlfwl a4 Thla Tlaao Laat Year.
A.THil V Or., twc. 1- tSpeclsl.) Ve
smelt ha made the.r appearanca In th
local market yet. although last year at this
time they were quit plentiful. It Was ex
pctd the. run wo:d be early thla Winter,
aa fullr ta weeks tin several ere taken
la a der net near tb moaik of Oray's
nicer. Tb early m:t are always th
cboievat of thfs clasa af fish and tb first
ra I Wins eagerty watched for.
A fw steelheads are being caught bat
there hi not what mi!it rightfully ba termed
a rua tn the rler.
IICtlT AND Vr.t.Tni K T11AIE IJIBGC
Arttvw MpaUaar aad lral Hi aiad far
UIMay tiaoaa.
to:lav baying was brisk In th fruit
aad vegetable is J a. Tb deas wr al
most swamped with out-of. tw T order and
local ber also took hold freely. Th
day a receipts included three cars of or
ange, two f-ars of celery, car of miked
vegetablee front Lo Aagelea, a miked car
rmm fM Kranctsro and a rr of Cornl
rkoa g-wpea Tlie latter offered at V1.73fS
per aok. tMpmenis du last night wer
two r of rangea, em of sweet potato,
ea of celery aad oo, of head lettuce.
LOCAL HIDE MUrKS ARK LOWER.
OeTectag Ar Lars awd Quality Affect
Th wskne In 11 hide market caused
a dru of 1 cent ta local buiba prcea
evterday. II idea are coming lo fast, as
thre lm a general e!'.rng ntorrafil la th
cvuntrr. and th quality of ti aVrtngt
1 ffe- it tho prt,-w.
I. as hjir.ml rkies ar W,nning to ap-
awar aad grutiiy iU a a hand
next month, when th dealers expect prices
will b lower.
Unsrrj Oil Decliae.
A e cent decline In linseed oil a as "
Bounced yesterday. In the new lUt boiled
la quoted at f 1.U3 in caaea and cents In
barrow aad raw at H.Ol in cae ahd t4
centa In barrels.
Bawa, Clearing.
Bank clearings of the Northwestern dtiea
yesterday wr aa follows:
Clearings. Balance.
:-vv.v.::::i:S?t:i
T."-oni ". VTI1 1.1M
ik. .
rOETLUtp MMIIt
" Ciatm, Ftoar, rni Ktr.
WHEAT Trtck prlc: Blutem. 3c:
club, klc: itl ftuuiu. soc; iic: t-ic; t
row. ere. '
baki.ET rd. -'X60 pr ton; b re wine.
i;i.V.4 too.
MILUaTtKrs Brmn. C49:t per ton;
tnldd.ln. hort ii.i0CM; rolled
bsrler. a4.i2i.M)
FLOUR fetenle. S-1S mrnr barrel;
trajhts. Ilt)l; eporM. $.; v
ley. i.SO: fiaHun. -0; whole whee.b
,JlAI Trk pree: Tlmothr. WUlnmett.
VnMy 1 1 y x -1) pr ton; Ee.erera OrefdlL
IKS; altalfe. 114: r.ln h.
aliit; clover. (13ttl. .
CORN Whole. ;t; crrli!. per ton.
OATS- o. 1 white. :WIS.S0 per ton.
Btrr Fred or.
14tt!4c: Sprlnite.
Dairy aa. Co
Pftl'l.TRT Mne.
J4c; ducks. While. lTc; cw. 12ir.c; tur
keys, alive, -uc; drtseeu. choice, -4.c.
squat s. $2 per daxrn.
tUtS Orrxon ranch. candled. 43
rU.teriu Aprils. SOtrSSo per Uosen; Easttxa
fruh. .Ttteo per down. ,
CHKKSU Full cream, twins. 1T1TV
per pound; rouse America. IS?1BC.
Hinhit t.n y
1 and 1
pound prints. In boxes. STc per pound; less
thsn boxes, rsrtona and delivery extra.
J-OKK Ksacy. 10, 11c pr pound.
VEAL Fancy, hi to 124 pounds. 33 8 He
per pound.
' Yea-staktss aad Fruits.
APPLES Klni. 40CT3c per box: Wolf
River. Tcrl: Waxen. 7ct: Baldwin.
T:cf U.I'V; Northern Spy. 7Jcvl-S; Snow.
Kalians. L.3.S; Ited Chet-k Pippin. 73o
"jack VEfiETABLFJ Carrots. tlLU
huadrrd: parsnips, turnips. 1;
beets. ll.13tfl.S0.
OR1EN FKI tTS Pears. 1.S55 per box;
Trapes. l.to2 per box; ilslaiss.
f, ur bMrrm'l ; cr.librri., J1281-40
per barrel; persimmons. $l.s. per box.
VEGETABLE! Beans. 12hc per pound:
cabbsev. elsJLU Pr hunar.u; caulltloaer.
2.0Oa.2S per crate: eolery. Ci''l
furuia. M per crate; cucumbers.
per box; escplant. II 1.23 per rrat: csrllo.
lo13o per pound: green onions, l&c per
dozen: bead lettuce. ObjCio per dosen;
hothouse lettuoa. tll.!t per box;
p-pper. loo par lb.: pumpkins. lMiVie per
lb.: radishes. 15J20c per dosen; sproota
Ic; squash, ltflno per lb.; tomatae
tl 25 per box.
Tr.OPICAl. 'FRUITS OriDI-ee. navela
" J'.r 2.7.-. per box: Janane. POcWfl Pr
bundle; lemons. $4: Florida a-mperrult.
ui; Csiiroruia mps fruit. 3 i0jt; bs
nansa . ec -per pound; plnesppies. o per
pound: poir.esrsnatrs, $1.75 per box.
IliTATOta union. (I.-J..V1.U per hun
dred: sweet potato-s. 0.."i0 per hundred.
OXIOXd Buytnr prlc. 11.25 per hundred.
CARLOfDEMANDCEASES
kri it jobhkrs not 1xterest
i:d i. appi.es
Dr.otiufc Their Attention Now to the
Itrlall Trade Latent Sales
by Exchange.
Th market-bulletin of tb Northwester
Fruit Exchang follows;
a nrwlicted In our previous advtcea, the
carload demand has disappeared, aa fruit
Jobber ar now devoting all of their ' at
tention to supply te retail trad out of the
stocks wislch thejr hara accumulated, and as
a consequence are not buying further until
they ar cleaned up. We hav a lew car
la transit wtjlch will hav to b d. and
may baa to- noid tne cara ior a w
unt!I the demand revives.
Meaawhlia w report sale made since
our last report:
PFK Tlt from Cove. Or., December 12.
mled varieties and grade., many line In
definitely graded, practically orchard run.
s (oliava: Itabbltts. Kings. Spies. fl.Zfr;
other varieties all 11 t o. k Oregon, to a
buyer In Minnesota.
FFE 43L from Th PaMe. Or.. Sth. 4S5
fancy. 17 chulre Kalghna $1.10 f. o. b.
Oregon, to a buyer In Tesaa.
1KR . from Wollsdai. Or., December .
Ti on-hird ran ho Ice Ben Imvii. The
shipper neglected to check th -" In this
cor. aad it m somewhat of a pi In a
poke. fola u a ouyer is .ew i urt -export,
at tl per box f. o. b. Oregon, sub
ject to Inspection and acceptance at .-sew
Torfc.
HS t?014. from Fes hast In. December 8.
most!? choice Ben lavia and Hlaclc Hens,
balance of th car spilt up tn choic grades
of 17 different varieties, th car running
heavy to mall stxea. 1J e-tler, at a straight
price of tic per box f. o. b. Washington,
to a ouyer in inn-wia-
CUy T4;T. from i'oshastln. December t.
t30 boxea of mixed varietie of choir
grade, on line unknown variety, mostly 4S
and ll-uer. at a straight prica of II per
box f. o. b. Waahington, to a buyer in
Minnesota.
EGGS "OFF TWO CENTS
SE.VTTI.K MARKET DROPS OX
LARGER SIPIT.IES.
Turkey Trade Is Light, as Itrtallrrs
Are Refusing to Contract.
Fancy Apples Scare.
BEATTUE. Wssh.. Dec. 1 (Special.
As a result of a poor local and export de
mand and lower prices In the Kast. wheat
prices fell oft a halt cent all around today,
rllarstero wss not qaoled above blH centa
Oats and barley wera dull.
Fresh ranch es dropped S cents. Open
ing; st 45 cents, the market soon dropped to
44 snd bv afternoon 4 cents was the very
o.itside price. California esss wer. freely
offered.
Turkey trade was lisjht. A lare lot of
fresh dressed chilled KaalerTi stock arrived
snd wss held ss bi(h as I centa Very
tew locsl turkeys srrlved, snd dealers do
not look for much aclivitv until Wednesday,
Inasmuch as retailers arc refustcf to con
tract. Western avenaa trad, was brl.lt. A few
more California srapea are expected to ar
rive for i he Christmas trade. A small lot
of persimmons wer. offered at f 1 2i Fancy
apple were scare, and firm. Ths aeneral
rvin of apples, however, sold at concesaiona
There I. considerable Inquiry for apples
for export.
Tua street Is heavily storked with Japa
n's, oransea. ahlch sold all tb. from
ev cents t. ft a buadle.
rRODCCK AT BA!f FBAMCISCOw
QwwtaUaaw Cttrtvwt la ths Bay City Mar
krta BAN" FHVNCISCO. Iec. 1 Th. follow
ing preduc 'IM ver. current today.
Veg.tsMe t:urumbri, f'.Mflt.: aarllr.
I j V ; sreen pe... sc; slrina beana T
Ik-. t.mat.a. T5-lll esuplant. 09c
Ktitier l"int) crraaiery. 34 c.
F.Ke-BUr, jr-,c; fancy ranch. 38I.C.
vr.evse louns anit:-. IB' SJlTc
aiiiiatuffs lirsn. .;wJi. midulmca to
jH.
Hay Wheat. 14; beat and sata,
II J alfalfa. '
Fruit- Apples. rnc1.e. a.c; rommoa. 4oc:
MsxKaa limes. Kfi: Cailforala lemoaa
c-iok-e. ; is; comm..n, I:: orsnrss. nsvel.
ll.ji.llo ptaesoples. ln:.
potatoes .aunaa Ittirbanka 9l.T30 1.ftS;
sweets, ttomii Oreson Bur backs. (I.oOsi
'""Snlons ll.lo ii l
Receipts Flour. l"t quarter saks:
wheat. ls centals: barlry. ctt; cents1.: oats.
Co centals: potatoes. Ts5 sacks; middhncs.
s .sacks: ha. 14 tuna
Hopa at Nona Vsrfc.
NEW TOKK. lec. IP ll.ej Firm: s'ate.
Mnmnfl r. eh.t."e. ID1 ft 7-V ; I'.ej,
o- I acifut voaal laaws; ltv.
11SJ14
COAL STOCKS F
IRM
Harriman issues Also Show
Much Strength.
GOOD INVESTMENT DEMAND
Railroad Officials Report a Heavier
Movement in Merchandise Im
provement in the Bond
Market Continues.
NEW TORK. Dec. 1. Greater activity
and hlchcr prices characterised today's
movement In the stock market, with th.
recent betterment In bonds well sustained.
Tb. advance In stocks resulted laraely from
extensive short covering by traders, al
though commlssion-bousus reported a mod
erate Investment demand. atuch of this
came from Boston. Chicago and Southwest
ern points. The coal stocks were especially
strons; during the (Tester part of the day.
although Lehigh Valley subsequently lost
all its gsln.
The strength of ths Harriman Issues
seemed to come from the buying by Interests
commonly recognised as substantial and may
have bad Its origin In the excellent state
ment sent forth by the Southern Pacific
Company last week.
The heaviness of I'nited States Steel was
In marked contract to tha rest of the gen
eral list and by common consent was as
cribed to the prevailing condltiona In the
steel and Iron industries. There, was, how
ever, a good demand for Steel sinking fund
bonds. ,
Western railrosd officials - reported a
heavier movement tn merchandise, and the
Kustern roads made a better snowing in the
way of Increased tonnage. 1
Transactions for London account in this
market were estimated at 23.000 shares, witii
a fairly large balance on the buying side.
London's cwn markets were featureless.
Local monetary conditions are unchanged,
while greater ease is shown at Western re
serve centers and all fears of a stringency,
however temporary, are now set at rest.
The bond market reflected the general
Improvement shown In that class of secur
ities. Total sales, par value, S2.S00.OU0.
United States bonds were unchanged.
CLOSING STOCK QUOTATIONS.
Closing
Sat"a.
10.1O0
Allls Chal pf
Amal Coppor
Ant Agrtcult
Am Heet fiugar. 15.100
Am Can Km)
Am Car I'dy. 5im
Am Cotton Oil. lo
Am Hd Jfc Lt pf 1"0
Am Ice Secur.. 200
Am Linseed
Am Locomotive. 2t0
Am Smet Kef 10.G'
do preferred. . 1U0
Am Stcl Fdy
Am Sugar Kef.
Am Tel Tel. J..KIO
Am Tobacco pf 4iM
Am Woolen lo
Anaconda U Co 1.
Atchison 3.SO0
do preferred... 1(H
All Coast Line. ?oO
Halt A Ohio .. 4111
It.-thlehein Steul 4"0
llrook K Tran.. 4.7"fl
Canadian Pac. , 2, IS hi
Central Leather .
do preferred.. 2O0
Central of M J.
Ches Ohio . ..
Chlcaeo A Alton
Chi at West .. loo
do preferred.. 2"
Chicago A N W r'l
C. M Kt P . . 6.x
C. C. C at St L. 2tHJ
Col Pool A Iron 4ut
Col A Htiuthern
Consol Uu .... 2 2O0
Corn Products... 2.000
Icl a- Hudson. . Alio
U a; R tlrantle.. :U
do preferred. . 4sl
Distillers Secur 4nl
trio 2..-.UO
do 1st pr .... ""
do 2d Pf .... B"
flenral Llec .. 1.3
Ot North pf .,
tit North Ore .. 6O0
Illinois Central
Intcrbor W"t .. 1.4O0
do preferred., l.rtoo
Inter Harvester. :ioO
Inter Marine pf. loo
lot Paper . 2oO
Int Pump '0
Iowa Central ..
K C Southern.. 3O0
do preferred.
Laclede Has ... T"0
Louis V Nash.. l.t"
Minn 8t L . . SU0
M. S P 8 S H
slo. Kan Tex.
do preferera..
ilo Pacific .... J.leTO
Nat Hlscult ... Kio
National Lead .. oi
Mrl N Ry 2 pf "t"0
N T Central ... 8.7s
N Y. Ont A W.-e .".IH1
Norfolk A Wea. 8"0
North Am .... 3'")
Northern Pac .. I.tKio
Pacific Mall ... o'
Pennavlvania ... 3.'"
People's Use . . . .
P. C C St L.. 2O0
Pittsburg Coal . ......
Pressed S Car loo
Pull Pal Car .. 1"0
Ry Steel Spring -"O
Reading 12S. 100
Kepubllc Steel ......
do preferred.. lOO
Rock Island Co. .!
do preferred.. SoO
St L A S F 2 Pf f "0
St L Southwest. 2"H1
do preferred.. 100
Sloas-Sheffleld
Southern Pac .. .700
Southern Ky . ..
do preferred.. 2. t'Ml
Tenn Copper .. "
Texas A Pac . . fc
Tol. St L Wea S'HI
da ureterrea. .
High.
M
64
"42 '
ftl
Its
'37i
7.-s
JU3-
142,
H4
B24
40
ll'l t.
102
117
inS
2!'
7.1
l!!.'.1
32 H
10117s
Low.
o
3a
'ioti
.Ml
2:1
17H
"sii
74 1
103
141
P4
.12 "i
ii i,
lt2
11.-. V
2
74 i
llllll.
31
4. SIM) 814, 80
22'
4.1
142',
123-
ll.
32
i34S
l.-.s
lonis
2U
ill's
:i4
2S1
4i
15
IMVi
124- 4
675,
"20
AS
111
104
13
31 U
ioi
144
27 Vs
22
4.1 i.
142
123
11.1
31
132 '
14
14
2'.
09 V,
:tns
27
4A
34 '4
irs
123
07
"io
!U
111
10 '
1.1
40 4
ts
30
164 ti
144
274
Union Pscltlc .. 61.7O0
Co prererrea..
IT H Iti-alty ...
IT S Rubber . -.
U S Steel
do preferred. .
rtah Copper ..
Va-Caro chem .
Wabash
do preferred..
Western Md
Westing Klec .,
Western Union.
Wheel at L E..
L-hlKh Valley
8O0 32 31
4'
118
r.4
34.
Ill
41
100
U
115
21.
128
lo.'.
"io
IBO'i.
31
148
"isii
30
1
3
20
00
ii4
2.1
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3.1
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22
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170
U2
".tit"
724
11
4.1'
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1H
"4
B7
'73
""Hso'i
41 HI
406
S4."0
70
1.W o
SOO
20
700
200
' S'.ioO
20.400
47
119
.'.
34-4
113
41
101
.'
1114
124
nm
8
'36
1.10
XI
151
'.i
30
62
40
2rt
02
iis
27
a.1
3.1
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22
R2
171
2
"34
73
11
4l
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1
34
?
74
Bi-f.
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C4
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41
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Mt
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17
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37
74
103
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114
141
.!
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3U
1111
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lltt
lo
2
7.1
10.1,
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lo:i
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81
2S
22
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123
.1
:n
.17
134
1C3
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70
34
28
40
34
13.1
124
'17
134
20
(15
111
in
12
40
18
31
4
1O0
144
27
130
32
62 3
47
118
r.n
34
113
41
lo
64
11S
28
1211
10.1
"7
18
30
1.19
31
1.10
.10
3
30
1
80
25
1
4S
113
27
3
3.1
20
22
.12
171
2
88
34
73
11
43
62
16
.13
67
48
74
r.i
10
181V
Total sales for tho day. 422.900 shares.
BONDS.
NEW TORK. Dec. 1. Closing quotations:
U S Kef 2's reg.HN T C, gen 3's 88:
do coupon 12 'North Pacific 3s. 102
1 S SI reg 12 North Pacific 4s. I
do coupon HO Il'nion Pacific 4s. 100
U 8 4's re: ll.lt-HVIs Cen 4s B3
do coupon. . ..lir. Japanese 4s bb
D 4t R O 'S 3 1
Tdoaey, Exchange, Ktr.
NET TORK. Pec. In. Money on call,
steady. 3:i per cent: ruling rate, 3 per
cent: closing bid. 3 per cent; offered. 3
per cent.
Time loans, weaker; 60 and 0 days, 3
0 4 per cent; six months. 3tf4 per cent.
Clorlng quotations:
wt.n. mercantile paper. 543 per Cent.
I - Sterling exchange KLrong. a-ith actual bus
rinee. In bankers' bill at 14.82500 4.8:00 tor
60-day bills and at 4.8So ior nemano.
Commercial bills. 34.81 J4.8r.
THar silver. Mc.
Mexican dollara, 4.1c
Uovernmenr. and railroad bonds, steady.
LONDON". Dec 1. Bar silver Steady,
3 J, c-lfal per ounce.
Money 23 Per cent.
The rate of discount In the open market
for short bills Is 3 914 per cent; three
months' bills. JSls-14 per cent. .
SAN FRANCISCO. Dec 1. Sterling oa
London. dsvs, .:: sixht. 4.iS.
Jjraft Sight. 4c telegraph. 8c
CHICAGO. Dec- 1. Exchange an New
Tork 13 per cent premium.
C'aadlt'oa ef tha Treasury.
WASH1XOTON. Dec la. At tha begin
ning of business today the condition of tha
United States Treasury was: Working bal
ance tn Treasury orficea. $.13.476213: In
banks and Philippine treasury. 347.&tlf.H.16:
the total balance In general fund waa 38.
043.SAO. Ordinary receipts Saturday wer.
1.7-4. 73. with il.bureements of 13.347.9P1.
The deficit to date this fiscal year la 36.
otMlTan aa asalnst $29,900,433 at this time
1.t year. These figures exclude Panama
canal and public debt transactlona
Fast era Mlaisg Stocks.
BOSTON. TTWe. 19. t losing quotations:
. 18
Allouei
Am crppcr
39 (Mor.sTrk
(;.vvsda Con.
A z I. a T ... "6
Arisona Com... 14
Atlantic .1
B A C C A C M 12
Butte Coalltloa 19
Cal A Ariz 49
Cal aV Hecla.. ,."..".
rMl.i.nl.1 lull
Copper Range.. 7
Euat Butte 12
Franklin ' 9
Girox Con 6
Oranby Con . . . 39
ireena Cansnea. 6
Isle Royale 16
Kerr Lake 6
Lake Copper... 8.1
LaSalle Copper. 7
Miami Copper 19
Nlpisslng Mines
,Nortn riutte...
INorlh Lake.
Old Dominion..
Osceola
Parrott (S A C)
Qulncy
L Shannon
,pupenor .......
S A; B alining. .
SAP Cop
Tamarack
Tl S S ec R M
Uo pnstqrred..
l tan con
'T'tah Cop Co
Winona .......
Wolverine
.12
10
2U
12
71
11
42
-1
12
1.1
!
122
4.1 1 j
lib
Metal Markets.
NEW TORK," Dee. 19. Standard copper
easy. Spot and December 12.20 to 12.30c;
Januar-. 12.22$ 12.35c; February.. 12.30fl
12.40c: March. 12.35 12.43c. London steady.
Spot. f57 2a 6d; futures, 57 18s 9d. Amv
als reported at New Tork today. 73 tons.
Custom Homse returns show exports of 17.
417 tons so far this month. Locally dealera
reported otn unchanged market. Lake cop
per. 13.00tr13.25c: electrolytic, 12.73el3.00c;
casting. 12.50012.7.1c
TU 6teady. Spot. 38.3.1S 28.55c: Decem
ber and January. 38.2.1 w 38.50: February,
38.S3w 38.S3c: March. 3S.2 4t:1S.55. London.
dulL. Spot. 174 17s Hd ; futures. 175 2s d.
Lesd Quiet. 4.43tf4..Vc New Tork and
4 37 64.40 East St. Louis. London, spot,
13 .is.
Spelter Week. r..70f 3.80c New York and
3.473.5Xc East St. Louis. London,
spot. 424.
Iron Cleveland warrants. SOs 10 d In
London. Locallr iron was more or less
nominal. No. 1 foundry. Northern. 1.1.2-i'tj
16.24; No. 2 foundry. Northern. $14.7.1 1.75;
No. 1 foundry. Southern and No. 1 foundry.
Southern soft. $15.2.1 13.75.
GRAIN SUPPLIES GROW
WHEAT PICKING TP AT
PKIXCIPAIj CENTERS.
THE
Continuation t Bearish Factors
Work Against Prices in the
Chicago Market.
CHICAtlO. Dec. 19. Although the chief
item of .Immediate importance was the pil
ing up of stocks of wheat at the princi
pal centers, quite an Imposing array of
other bearish facts claimed a share of at
tention. World shipments were 1,000.000
bushels larger than at the corresponding
time last year, but 3.400,000 bushels less
than a week ago. Argentina was offering
freely for early shipment and there' were
reports of a good outlook for Russia and
Australia. In both Canada and the United
States the visible supply exhibited a lib
eral Increase against a decided falling off
12 months before. The upshot was to keep
tradera and prices most of the time in a
state of suspense. May fluctuated between
.1c and 93c, with the close c down at
5c.
Shipping and export demand for corn to
day was the poorest of the season. May
ranged from 47c to 47o and closed c
lower, at 4744c. Cash com was weak.
No. 2 yellow finished at .10v30c.
Oats followed the lead of other grain.
May sold from 33OS3c to 340 and In the
end waa o net lower at 33 c.
Higher prices for hogs made provisions
advance, but free, realizing acted as an
offset. Laat sales were 2c net lower for
pork. Be to loc tip for lard, and a shade
off to 7e gain for ribs.
The leading futures ranged as follows: .
WHEAT.
Open. High. . Low. Close.
. $ .91 $ .!1 $ ." -M'i
f !; .9.1 .95 Vs -9-
Dec.
May
July...
J .93 ..92 .91
COR-V.
Dec 45 .45 .45 . .45
May 47 47 .47 .47
July t .48 .47 .48
OATS.
Dec...;.. .31 -31 14 -IH .31
May 34 .34 .3:1 .33
July 33 .33 .3S"i .33
MESS PORK.
Jan 19-10 1 19.35 19. 4S
May 1S.20 IS.22 18.05 18.15
LARD.
Jan 10.S7-. 10.40 10.33 10.40
May 10.10 10.19 10.02 10.07
SHORT RIBS.
Jan 10.25 10.30 10.20 10.27
May 9.67 9.67 9.57 9.65
Cash quotations were as follows:
Flour Steady.
Rve No. 3. 81 c.
Barley Feed or mixing. 6070c;. fair to
choice malting. $2v?87c..
Flaxseed No. 1 Southwestern. $2.!3; No.
1 Northwestern. $3.36.
Timothy seed $10.
Clover $15.
Pork Mess, per barrel, !19.!5w19..10.
Lard Per lu0 pounds. $10.42 tfl 10.43.
Short ribs Sides loose). $9.87 10.37 .
Sldes Short, clear (boxed), $10.37.
1.S0.
Oraln atatlstlcs:
Total clearances of wheat and flour were
equal to 2S8.60O bushels. Primary receipts
were 1.304.000 bushels, compared with 615,
eoa bushels the corresponding day a year
ago. The visible supply of wheat in the
United States increased 328.000 bushels for
the week. The amount of breadstuff on
ocean passage decreased 2.816.000 bushels.
Estimated receipts for tomorrow: Wheat,
48 cars; corn. 940 cara; oats, $60 cara;
hogs, 27,000 head.
Receipts. Shipments.
Flour, barrels 14.700 7.500
Wheat, bushels 18.0O 27,700
Corn, bushels 770.200 187,200
Oata, bushels 444.t 9.1,700
Rye. busneis .......... ..uuu i.uv
Barley, bushela .100,500
23.800
Visible Supply of Grain.
NEW 'TORK, Dec 19. The visible sup
ply of grain In the United States Saturday,
December 17, as compiled by the JKew York
Produce Exchange, was as follows:
Bushels. Increase
Corn 22,0112.000 634.000
Oats 15.711.0OO 362.000
Rve 478.000 7.000
Barley 1,622,000 122.000
Decrease.
European Grain Markets.
LONDON. Dec. 19. Cargoes, weaker.
Walla Walla for shipment at 35s 6d.
English and . French country markets,
steady.
LIVERPOOL, Dec 19. Wheat De
cember, 6a M: March. 6s lld; May. 6a
lld. Weather, milder. f
' Minneapolis Wheat Market.
MINNEAPOLIS. Dec. 19. Wheat close:
December. 99tr99c: May. $1.U2 4? 1.02 ;
July, $L031.03.
Casn: rto. 1 naro, ai.u)s; o- 1 nona
ern, $1.00 1.01 : No. 2 Northern, ttbctf
$1.00; No. 3 wheat. 96 & 99c.
4irala Markets ef the Northwest.
TACOMA. Dec 19 Wheat Milling: Blue,
stem. 84c; club. 82c: red Russian. &Oc Ex
port: Biuestem, 84 c; fortyfold, S3c;
club, S2c; red Russian. 80c Receipts
Wheat. 34 cars; corn. 2 cara
SEATTLE. Dec 19. Wheat Milling quo
tations: Uluestsm. 83c; fortyfold, 81 c;
club, 80c; life, 80c; red Russian. 78c
Export tvneat: niueaiem. lonvioiu.
78c: club, 77c; nfe, 77c; red Russian,
73c
Grata at San Francisco.
SAN FRANCISCO. Dec 19. WToeat
Steady.
Barley Firm.
Spot quotations
Wheat Shipping. $1.43 si 10 per cental.
Barley Feed. $Lf7rl.0S per cental;
brewing. 11.11 tr 1.13 per cental.
Oata Red. $1.341.23 per cental; white.
$I.47tl.S5 per cental; black. $L374
1.42 per cental.
Call board sales
Wheat No trading.
Barley May, $1.14.
New York rattan Market.
NEW TORK. Dec 19. Spot cotton closed
quiet. IO points higher. Middling uplands,
15.35c: do, flulf. 15-wOC. Sales. 4300 balea
Futures closed very steady. Closing bids:
December. 14.93c: January, 14.34r; Febru
ary. I3.07e: March. 15.33C; April, 15.34c;
May. 13.44c; June anl July. 15.45c; August,
15.15c; October, 13.47c. .
Ctilcag. Produce Market.
OHICAOO. Dec 19. Butter Steady.
Creameries. 23f29c: dairies. 21 tr 25c
Eggs Steady. Receipts 129 cases at
mark, cases Included 19$12e; firsts. 29c;
prime tlrsts. tie
Cheese Steady. Daisies. 14 4yl5c: twins,
1447 14c: young Americas. 14e15c; long
horns. 14 (J 15c.
Wool at St. Louis.
. ST. LOUIS. Dec. 19. Wool Stesdy. Ter
rllorr and Western mediums. 21'e"-2e; fin.
mediums, 17rlc: fine, 12 13c.
Klgla Bolter Market.
KI.GtN Hi.. Dec. i. Butter, flrm. 30c;
output. 627, 800 pounds. -
Ml LINES ARE FIRM
Strong Holiday Demand for
Livestock.
GOOD SUPPLY AT YARDS
Steers Sell Vp to $6.56 and Best
Cows Bring $5.50--Choico Hogs
Again Touch $8.85 Sheep
Move Readily. V
The holiday demand was strong at the
stockyards yesterday. A liberal supply of
cattle, sheep and hogs waa available and
buying was on an active scale The mar
ket was firm throughout.
Cattle made up most of the sales. Steers
had a range In price of $5 to $6.50 with
the bulk of salea at $3.90. Cowa brought
14 to $5.50 and calves $6 and 7.
Last week's top hog price was repeated
when a choice load went at $8.80. Other
hog sales were at $8.30 and $8.75.
Fancy lambs' sold at 7 and mixed sheep
at $4.50.
Receipts for Sunday and Monday were:
SOU cattle. 85 calves. 417 sheep and 259
hogs. . '
Shippers of the stock were: C. H. ehrs
& son, of Jebanon, 1 car of hogs; Long &
jjroclcman. of Lapwai. .Idaho. 6 cara of
cattle: the 8. - a: S. Co.. from Shaniko. 7
cara of cattle and calves: William Shep
ard, who drove In 115 sheep; K. A. Dun
can, of Baker. 1 car of cattle; E. E. How
ard, of Baker. 1 car of cattle; J. L. Baker,
of Caldwell, 1 car of cattle: McKinnon &
Chandler, of Enterprise. 1 car of hogs; Kid-
woll CasweU. from Utah, IO cars ot cat
tle; W. W. Cooper, df Union, 1 car of cat
tle and calves; W. O. Cummlngs, of Baker,
5 cars of cattle; L. E. West, of North
Powder. 1 car of cattle and hogs; Thomaa
Seigel, of Huntington. 1 car of sheep, and
H. E. Miller, of Thornton, Wash., 1 car of
cattle.
The day's sales were as follows:
Weight. Price
12.1 lambs 8
11 '-nib. J'??
B4 cows .""..I
"7 steers . . . 1" 8.90
"1 covcT T 4.90
33 cows : . : "
3I eers :.:.::.::::.::: low ?oo
"4 steers 1050 B.U0
1 nun v.. o-
1 bu " .... 850 3.50
1 bu I 1870 S.00
1 bull . . . 1 J ' 0 tii-J
64 steer. .
30 COWS SojJ ;
15 steers-. 068 5.50
2 steerB lsft0 J "2
2 cows - II';''' -;"
2 cows .- 7o 4.-5
it cow! io.li -o5
:::::::::::.: iom -.;
0 hogs 303 8.-5
78 hoBS 20 8.80
iri c'e.-: ::::::::::::::::::: -RS - is8
14 ralvea .....286 7.00
4 eera 1027 5.35
!"..: :::::::: n; .
A cows 4-75
10 cowS I. .' 1042 4.75
" eer. :..::..:::::::: ujo . 5.00
4 steers I202 r,
?,teer. i:': 1 1 . I . .1 1
nfi steers . .-- ftft0 B-45
HB1
i?ow.'::::::::::::::::::::::?5?o i:S8
1 cows 1240 5.50
s? co" ::::::::::::::::
2 bulls 1375 S.io
17 mixed sheep 118 -J-JO
24 lambs S J--
12 lambs lOJ J-22
120 hogs , 1K -3
Prices current on the various classes of
slock at the Portland Union Stockyards
were as followa:
Prime steers $6 .10-51 ,7.00
Good to choice steers 6.00 6.0O
Fair to good steers fl? 5'
Common steers 4.0oa 4.ay
Choice to prime cows 4. i.Gj 5. to
Good to choice beef cows 4.2- 4.i3
Fair to good beef cows 3 .. 4.2j
Common to fair beef cows 2.00 S.50
Good to choice heifers 4.7os 5.00
Fair to good heifers Tit
Common to fair heifers.. f !!? ? S?
Choice to good tat bulls i i'SS
Fair to good fat bulls...,, 3.50 4.00
Common bulls -" 2'SXS 2 ?5
Good to choice light calves i.OOSr 7.o0
Fair to good light calves 6.50ffl 7.00
Good to choice heavy calves 5.2.1 600
Fair to good heavy calves J J'S?
Common calves J'lSX i 00
Good to choice stags f '5?g 5 ?S
Fair to good stags 4.0O 4.50
Choice hogs S'SSf S
Good to choice hogs....... i'52S iAX
Yearling wethers, grain-fed Upg 5 2
Old wethers, grain-fed i-!?
Choice ewes, grain-fed 3. .(& 4.00
Good to choice ewes, grain-fed. . 3 2..g 3. .a
Feeders -' 3 01)
Choice lambs, grain-fed-. S-?0.?? I'29
Good to choice, grain-fed 5 5 Io
Poor lambs - 4.9o 5.00
Hay-fed sheep and lambs 50c lower than
grain-fed. '
Chicago Livestock Market.
CHICAGO, Dec. 10. Cattle Receipts es
timated at 19.000; market, 10c higher:
beeves. 4.757.55: Texas steers, $4.109
5.25; Western steers, tt.lOt&o.SO; Mockers
and feeders. $8.33 5 80; cows and heifers,
t4.406.10; calves, $7.2-9.2B:. Hogs, re
ceipts estimated at 30.000; market, 5 010c.
higher: light. $7.40O7.5u; mixed. $7.40
7 SO; heavv, $7.406'7.75: rough. $7.40
J 55: good to choice heavy. $7.857.76; pigs.
$8-80(S7.70: bulk of sales. $7.07.70. Sheep,
receipts estimated, at 26.000: market. 10c
higher; native, $2S0J4.40; Western, $2,650
4 45: yearlings, $4.40B5.75: lambs, native,
$4.25tr6.40; Western, $4.5006.35. -
Coffee and Siigsr.
NEW TORK. Dec. 19. Coffee futures
closed steady at a net losa of 6019 points.
Sales "2 OOi). December and January,
ll.ooc: February. 11.02c: March, 11.03c;
April 10.95c; May, 10.92c; June, 10.83c: July,
ia84c: August. 10.76c: September, 10.71c;
October. 10.61c; November, 10.56c.
Coffee Spot, quiet. No. 7 Rio, 13c; No.
4 Santos, 13Tc. Mild coffee, quiet. Cor-do.-a.
1315c '
The New York Coffee Exchange will ob
serve Saturday, December 24, as a holiday.
Raw sugar, steady at a decline; centfi
fugal. 3.9Sc; muscovado. 3.4Sc; molasses
sugar, S.23C Refined, steady.
' Dried Fruit at New York.
NEW YORK, Dec. 19. Evaporated ap
ples firm, quiet on the spot; fancy quoted
at 12rl4c; choice, 11 c- prime, 10
Prunes in good demand; quotations from
710c for Calif omias up to 30-40s and
0ibl0c for Oregons from 30-00s.
Peaches firm on small supplies and the
firmness In other fruits. .Choice, 7c; extra
choice, 8r!4 fancy. 99c
Dnlnth Flax Market.
DULUTH. Dec 19. Flax, on track, to
arrive, $2.32; December, $2732 asked; May,
$2.37 asked.
Bonds
Investments
TimberLands
MATHMUHAUStNCO.
701-2-3-4-5 Lewi Bids;.
Portland Oregoa
lumbermens
National Bank
CORNER FIFTH and STARK STREUTi
PORTLAND. OREGON
Capital 15500,000
UNITED STATESDEPOSITARY
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
OF SAST FRAXCISCO
FOUNDED 1864.
$8,500,000
$7,836,754
Capital Paid in". ... ......
Surplus and Undivided Profits ....
-' . BRANCHES
Portland, Seattle, Tacoma and Virginia City
We buy and sell Foreign Exchange; Issue
Drafts and Cable Transfers, Commercial Cred
its and Travelers Letters of Credit, available
in all parts of the world; make collections on
all points and conduct a general foreign and
domestic banking business.
4-
INTEREST PAID ON T1MK AND SAVINGS DEPOSITS.
PORTLAND OFFICE
Northeast Corner Second and Stark Streets
WM. A. MAC RAE, Manager.
J. T. BURTCHAELI, Asst. Manager.
Ladd & Tilton Bank
Established 1859. . .
OLDEST BANK ON THE PACIFIC COAST
Capital $1,000,000
SXTBJPLUS AND PE0FITS $600,000 1
xv. M . Lsdd, President. H. S. Howard. Jr, Ass't Cashier.
Edvr. Cootlnsham. Vice-President. J. W. Ladd, Assistant Cashier.
W. tf. DuBcaUejr, Casnler. Walter M. Cook, Ass't Cashier.
First National Bank
Capital $1,500,000
Surplus 750,000
Oldest National Bank West of tha
Rooky Mountains
CUNARD CRUISES !
W RIVIERA A
VCf MADEIRA GIBRALTAR sO&
-ALGIERS VILLEFRANCHE GENOA iF V
CjStts A. LA CARTE SERVICE . kVAN
i-HASi-uyniA ----
MAR. 11. I
JAN. 7.
JAN. 21.
FEB. 18.
F OR PRTICULRS A PSCV TO OUR ACCNCItt AX "
I. YORK. .BOSTON. CHICACO-. SIMNIHPOLIt, SHILSOSLPHIS, ST t-OUIfl,
assT rHANdiieo. Toaoaro. sflimiUL hp Wiwwiscc oa locsl scewts
"The
BITtJLITHIC
paved street
or road is a
great comfort
for one who
drives an
automobile,"
says R .'
Johnson, of
Dallas, Texas.
TRAVELERS GUIDE.
TRAVELER'S GUIDE.
AVON'
WaeUf uaUuiasfrOKi-e ':Jy4!!i"Jf A'
Bermoit -Cnta- Jima-aa- w.-i i-iiss
sLu ssd HMrrrMr fTUMm-p tff Ule
aaderMo at Kun, I4 la-Sslle St., Chlcaxe
Canadian Pacific Empress Has of steamers
'sallies; weekljr betxreea. Kontreal and Liver
pool. Wireless on all atsamera Ass aus
ticket acent or xrrtta W. K. JeonavB, a A,
UJt Xalrd ,V rurUand.
- COOS BAY LINE
TEAMEK BREAKWATER sails from
Alaska dock, Portland, 8 P. M. Dec. 13, 20.
27, Jan. 8. 10. 17. 24. 31. Feb. 7. 14, 21. 28 and
every Tuesday night thereafter during- tha
Winter. Freight received at Alaska Doclc
until S P. M. dally. Passenger fare flrst
class, 1: second-class, 17, Including meals
and berth. Tickets on sale at Ainsworth
Dock. Phones slain 268. A 1234:
San Francisco, Los Anelss an!
San Diego Direct
north pacific 6. a Co,'s 8. tL ReaaeM
and 8 B. Elder sail svery Wednesday
alternately at P. M. Ticket ofllos 111
i ;ilra .t.. near Alder.
alAitllN i. Hilii.fc.Y, Passenger Aa-eaa,
v. Uu Sl.U-sskit. Fretuut AgaaM.
I'Uoaes at. sale. A 1U4
8AN FRANCISCO PORTLAND 68. CO.
New service to Los Angeles via 4aa Frau
cisco every live daya
From Ainsworth Dock, Portland, 4 P. M.
S.8. Rose City Dec 23, Heaver 2. Bea
jo. .
From San Francisco, Northbound, 12 M.
8 8. Beaver Dec. St. Bear 27, Rose City
Jan 1.
From San Pedro, Northbound.
S.8. Bear Dee. 25, Hose City 30. Beaver
afrtjtniith. C. T. A.. 142 Third St.
J. W. Ransom, Agent. Ainsworth Dock.
I-honesi Main 4U2. iBB; A 1402.
O. R. & N.
- - Astoria Route.
STEAMER HASSALO
Leavea Portland dally except Saturday at
g-OO P M. Makes ail way laadlnca Arrives
at Astoria at 8:00 A. si. Loaves Astoria,
Sally except Sunday, at 7:00 A. M. Arrives
Portland at :00 V. M. Makes direct COO;
neotlon with steamer Nabcptta for elegler.
Lwaco. Long Beach and all points aa las
Ilwaco Railroad.
S. S. Golden Gate for TU
lamook, Bay City and
Garibaldi .
Leaves Waah.-at. dock Tuesday at I FM
Freight and Passengers.
Phone Uaia !. A 24.SS.