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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 7, 1911)
TITE MOKXIXG OREGOSTAX, SATURDAY, .TAXITARY 7. 1911. 17 EXPDRTTRADESLOW Europe Does Not Respond to American Advance. MANIPULATION AT CHICAGO Farmers Virion of Washington Pro poflcs to Sell Ml i rat Direct to Foreign Consumer Oats and Barley Show Strength. 6nttmnt In tti local whtt market fa Innitwhit unsettled by the confltctlnc con dition In other markets. Chicago con tinue to fore ahead, but there la no re ponae on the other sMe to the repeated bnirra In America. That the Chlcajro mar ket la beta- manipulated now by the biar bull leader admit or no doubt. In Europe th presence of I rite stock seems to be holding ralnes down and no account is takn of the tactics of the Chicago traders. ConqunUy the export demand here la repressed. According to yesterdajrs cables. a cargo of white Walla Walla for January ahlpment was sold "at Srts 6d. but a cargo of bluest em offered brought no better bid than frim 3d. What trading was done In the Northwest waa almost entirely on a local basis. Offer ings were small and to buy the dealers were forced to raise their bids another half cent. Club waa quoted at 2 924 cent and blurstem at cent. A banker In KitsvlU eatlmatea that there 1 now one-third of the 1110 crop of that section left In the hands of farmers. The rarmers Vnlon of Washington pro poses to go direct to the grain market of Europe to And buyers for Its wheat, accord Ing to the following dlspatrh from Colfax In the" fpokane tipokesmaa-ltevlew of Jan Bary : "Another important step taken by the armera Vnlon today was the disclosure of plans to send C. W. Nelson, state aales a vent for the unto a. to Europe to contract wheat direct with the consumers and thus cut out the profits and commissions of mid dlemen, ware housemen and exporters. The National Union has been working on the plan tor many months and has been to communication with an extensive co-oper ative association of Manchester, England, with a view to selling wheat direct and let ters showing that the plan baa been practi cally perfected were shows. The final arrangements for sending Mr. Kelson -to Europe will bo completed at the tn-atate convention to be held at Walla Walla the first week In February. This plan. If carried out and It la backed by more than S.OOO, 000 farmers In the United Ftatcs will revolutionise the methods of handling wheat. "Mr. Nelson will also look Into the live stock markets and the Jute Industry. Reporting on the wheat area In Austra lia. Vice-Consul -General Baker, of Sydney, writes: "The area now under crop for the current easoa 1010-11 shows a further tendency upward. Official returns so far Issued In dicate that the area this year shows a fur ther Increase of 61D.OOO arreo In Victoria, New South Wales, and Western Australia and It Is safe to say that the area under wheat In Australia for 1010-11 amounts to about T.OOO.OOO acres, or about T.vi.ooo more than the previous year and the record year. The local barley market Is quiet, bat brewing grades are firm. A firmer under tone is noted In the oats market. Weekly forelsn wheat shipments as re ported by tbs Merchants Exchange were: This wk. Last wk. Laat yr. Argentine ..... r'-Moo 1.LT3.0) (un).oin) Australia T. li.s,oio M-OXn 1.32.tH ladta l.ix.CH0 71J.UUO Uo.DOO Local receipt. In cars, were reported by the Merchants Exchange as follows: Wheat Barley Klour Oats Kay lon. and Tue. ,J v 13 5 33 Wrdmly ... 2 1 3 1 Thursday 37 1 13 S 14 Friday S l." l lo Year ago 4 n 7 1 F-asoo to date. "MS S74 1C1 MS 1RV2 Tear ago T103 1073 1161 713 141 NO MALE? IX LOCAL HOP MARKET. Tosidltsosks tm New York State and la Eng land. Two falr-sUed duls -acre under way In the local hop fnarkat yesterday, but were not closed up to thu close of business hours. At Salem 21. O. bhrtrklng paid IT cents to Squire Frrar for S3 bal. New York State conditions are given by the latest Watcrvlllo Times as follows: A very strong market la reported from all hop-producing tactions of the country. The local market reflects this stronger tone and the stock held here has been further re- dored. so that there are now but 61 bales left unsold In tho town of Sangrrfleld and Marshall. Each week show a further de pletion of our few growths still left unsold, but business on our local market la nearly at an end. Trade ctrculars of the London hop fac tors say: Wild. Neam A Co, There Is a steady demand for ail useful qualities of medium grade, which have been further depleted during the wek and are now reduced to a vry narrow compass. Quotations are tinn er and the general tone of the market Is good. Continental and Pacific Coast hops have also participated In the general rise In values. Manner A Henley There ha been a con ll!mMi clearance of hope during the past fortnight and growers are now holding, an ticipating better price. W. 11. A iL L MayThe trade noted In our Inst continue a The market is being cleared of the growth and th price of cop per hop continues to hsrd'-n. CALIFORNIA VEGETABLE AKE FIRM Ce4d Weather Checks shipment a or el cry Let tore and Cauliflower. The car of celery recclxed yesterday may he the last for some time, as ao other cars are In Iransl l and Ca 1 1 f orn la advices are that the weather is so cold that the plants have stopped growing. The cold weather will also afTeet the lettuce supply. Caull fiower ta strong In the South and local prices are firm. . No bananas are out front New Orleans for rortland this week. Flv cars are due Monday, which will have to supply the trado ail X the coming week. MOPS BOlfeHT AT IT CENTS. rfcmrAtng pays the Mia bee Price of tho SALEM. Or- Jan. jpeelaL B. O. Shucking paid tLe top price for new hops today, giving IT cents fr &J bale. The purchase was male from tfqulr Farrar. Several offers have been reported during the past few days at IT cents, but the best feeler price reported wa 1S cent, aad the best price to growers at cent, of fer of option, at IS cents hav also been reported, but none of these hav beea con firmed. Lfg Market Meanly Declining. Eggs show a tendency to accumulate on Front street In spite of the steady cutting of prices. Market values now are hard to determlaa. The poultry market continues firm, with the demand for chlcksns being considerably la excess of the supply. Local butter moves actively. Cheese Is firm. Hides I tall aad Weak. The local hid market t ery dull. Long haired staff is now coming In snd s fw grubby hides have already mad taair ap pearance. The trade look for another jmm mi half a ceat la prices before the end I .f th month unless general market condi tion. Improve, Bank Dnrinit. Bunk clearings of th. Northwntmi cltlr yesterday w.r. as follow.: Clearings. lUlanrca, Portland .. tl.74d.JM lVlt7 rVattl. J.B1.V4M lsa.i4 T.coma h3rt.ilrt .1T bpokane l.Ojl.TOi 101.070 rOBTLAXn HiEMU Grain. Flour. Feed. Ete. Wfl EAT Track prim: Bluestem. 84 9 l4Sc; club. red RuMlan. sOc; Valley. :S3c; 40-fold, i3C8JWc HaKLK Kced. per ton; brewing. $24 U -3 per ton. ' Mli-Ui TIKKS Bran. 2.t.S0 14.50 Pr ton: middling.. $.11 ; shorts, J2i.50 0J9.Wi rolled barley. n2L FLOl'R 1'atenta. .lf pr barr.1; treJshts. S4.1u4.; .snort. I1.M; Vai lr. It 20: graham. It-K; whole tbM, quart. rs. II, HAT Trark price: Timothy. Wlllara.tt, V.lley. $1020 per ton; Kaatera Oregon. 'J102:: alfalfa. I4: (rain hay. 114.60 tylSiO; clover. Ill 14. CORN Whole, lv; erarked. $J par torn. OATS No. 1 while. liStjCt.SO per ton. Teretable, and Frolt. iprr.ry i-..n r.n ftlt- lisidwln. 1oc9 II. :U: Northern Kpy. 8cjL2S: Know. $1.25; lirnl i'hr.k Pmnln. Ilul :j: Winter Banana. i-.btil. Hnltiuiiberg. $l-2-5ul.7S; Yellow Newtown. $1.7. SACK VEGETABLES Carrota. HO- bondred; paranlpa. 10LUi turalpa, 11. b.eta. Il.nvi.ia nnvpM imiriTft p.ara. 11.2541 ner box irrapea. TGc toll per box; Malagaa. ne.60 per barrel: cranoerriea. .iriav v' rel r t.r.lmmon. gl.fiS Tier bOL VEGETABLES B.ana. like par pound: cabbage. $1.5 pr hundrvd; cauliflow er. ;.35 per crate; celery. California. fJmS Per crate: cucumbers, $2 per boa; .ggp.ant. 1101.25 per crate; garlic, eto 12c per pound; green onlona. l&c per aoxen; bead lettuce. ooe per uu hnlhou. I.tlnr. 7.'.-fl i 1 00 per bOX peppera lSv per lb.; puiupklna, ltflHe per lb.; raaianea. I&onuo per qomh; ISc; aquaah, lUltfl per lb.; tomatoea. $1.7 J per box. Tropical mtTITB Orange, naeela $2 02 7S par box: Japaneaa, $1 per bundle; tangerine., $2 per box; lemon. $4; Florid grapefruit. $4f: California crap, fruit, .S.000 4; bananaa, to per pound; pine apple. Oe per pound. FOTATOEH Clr.ron. lobblna tirlce. ll.XB 0 1.33 per hundred; .weet potatoea, $3.73 per nunrirea. OklONii Buying price. $1-40 per hundred. Oraeerlr. Dried Frnlta, Et DHITtu pkliT ADDlea. loo cer pound; enrranta. laoirx-; apricot. 14HO!c; datea, packaga, 10He per lb.: flga. bulk. wnil. or Dlaca. Dy aaca. itroc; voe. -uvv 1 11; 12-1-2. bio; ao-la. $J-Jo; lu-la. Mo; i m . r t a ' ij.. BALMON Columbia RItct. 1-pound tall. $2.10 per doien; a-pound talla, 12.95; 1- pouna flat. UKi: Aiaaxa pina. a-pouoa t. ! i . 1 1 rA l-mmnd talla lflc CUFK&E AtoaateU. In oruxna. ItO per pound. NUTS Walnut. IdaiTe per pound: Bra- III nut. 12c: nlberta. 10c: almonda. ldSlSc- Hrini. i Ac- cocoatnuta. 90ctl per dosrn; clieainuta, 12So per pound; hickory nut. 1010a per pound. E ALT Granulated. $18 per tens Halt ground. iooa $8.aO per ton: bus. per coo. hlans Km. l whlta. s o: tars, wnua Se; Lima. 6e; pink. I'ao. red Mulcaa. lc; bayou. .e. - RICE No. 1 Japan. ; cheaper gradea. $J50B4.55; Southern head. Vj7a HOI.T.T Choice. 3.7b nsr caee: train txl. He per pound. fiuaiR Drv man itta. XTOlt ana oerry. t;.S0; beet. $3.3; extra &. $3; golden C $4.0; yellow D., (4.0; cub. (barrel.). $3.15: powdered, 14.65. Term on remit tnce wltbln is aaya, deduct no per pouuo. It later than 15 dajra and within 80 daya, deduct to. rer pound. Mapi. sugar. Aegy ia par pound. HOLD BLUESTEM HIGH SE.TTLE HEALERS DE5UXD 8 7 CENTS ntOJI MILLERS. Few Export Orders for Flour Re wired Patent Stocks Are Above Normal. SEATTLE. Wuh. Jan. (Special.) Grain dealer asked 87 cent her today for blue, team wheat, and evral .mall lot wer. purchased by millers at that prlca. Elrnty-eeren cent, however, waa th, outsld prlc, and S6 to 80S cent wa an average value, rarm.ra wer. offered two cent lee. Tb. demand wa not very brlik. New export flour trad. lag, although mil lers ars busy with ld orders. Stocks of patent flour are above normal. Coaree cereals were dull and unchanged. Walla Walla .plnach wa. offered on weat- era avenue today In lairly large quantity, at $1.23 per box. Advice, received irom lonaa inaicaia that etorm. hav. greatly damaged thl. year's celery crop In that state and that In all probability leaa than the usual amount of celery will be available for ahlpment to the I'aclflc Coast. The dairy produce markets wer steady today, tttorks of all kind, except poultry. were plentiful. The feature of the poultry trade la th, demand tor rroxen stoca. TKODICK AT MX FRAXC1SCO. Quotation. Current la th. Bay City Mar. keta. SAN' FRANCISCO. Jan. Th foliow- produc. price, were current toflay: vegetable ucumoera. .tj..-; game a r?3c; green peas. 3nc; string beana 109 13.: tmatoa. 73otitl.l3: cgt:ilant, 5tf7c Butter Fancy creamery. 31c Lgxs Htora, 3-c; fancy ranch, 81c. i tii-fHf Youni America. lorlUViC. Mlllstuffs Bran. $7w30: nilddUnga, 1I liav wheat. I9KII: wheat and oats, SSO 12: alfalfa. S12.iA. ll..-.. allalfa. lull II. Krult Apules. choice. C'c; common. 40e; M.tlran lurea 1 1 i 4. ."': taltfornla lemona choice. $'t.30: common, $2; oranges, navel. $ I..t2...l; rlncapplf. 9-(r2.30. potatoee Sallna llurbanka. $1.75 91-: ivortl, $J 83.23; Oreson B urban ka, (LOOtf 1.75. nlon $ iiniLsg. Itecelpt. Flour. 621 1 quarter .ark.: wheat. 122A cental.; barley. 21.1.1 centals; oat. 730 cental.; potatoes. 3433 sack.; hay. 40 tons. MILL BUYING IS BETTER i..r;e thaxsfeks of avool at HOSTO.V. IX-maiid I I'rlnrlpjtlly fr Terri tory Clitliinp Trade in Fleeeo Wools Improves. "ROSTOV. Jan. Th, Commercial Bulle tin, of Boston, wltl uy of th wool market tomorrow: There la ereater avldenc, of Int.rest shown In the market this week by the manufac turer, who hav.. In sev.ral Instances, en gaged 2iu.o-. 500.000 or over 1.0O0.0O0 pounds, subject to conditions, principally territory clothing wool Two salea of 1. Chlow pounds each of thla class of wool have been mad. at 5ot)r37 cent, for fin and fine medium grade. There hav been several minor sales a;so In th original bags. Demand for good neec wools, which are firmer, baa been fair. A sal. of 20.0- Bounds .of Ohio quarter Is reported at 23 centa and another of 300.000 pounds, sub ject to confirmation, was msd. at th. sam. prices, beside Za.uvo nn, unwasnea at u centa With mltlal orders showing up well In th good, market, deters look fr a tedy business, although the best posted men art not expecting any boom. Wool at M. 1-e.ta. FT. TjOn.-t. Jan. S. Wool oulet. Terrl- lory and Western mediums. 219 2-'e: fin. me dium. 17 It-: line. 12trl3c: combing and clothing. t2r:3c: light Ana 2" ft 22c; heavy fine, lifJKc; tub-washed. 20 u 3.1c w Tsek MtM Market. NEW TOKK. Jen. a. Cotton epot cloeed dull. Vld'iiplande. 15c; mld-Oulf, 13.25c hale. SOO bala totton future, closed .asy. innoln bids: January. 14.3e: February. 14.77c: March. 4 ate: Anril. 14.4r: 3tay, in die: June, lac; July, 15c; August, 14.710. October, 11.33c. OUTPUT CUT 001 Iron and Steel Prices Stil Show Weakness. DRY GOODS TRADE ACTIVE Firmer Feeling in tho Market on Jomestio Hides Improvement In Footwear Expected by tho End of the Month. NEW YORK. Jan. . K. O. Dun Co.- weekly review of trade will ay: There 1 little or no change In the atat. of th larger tradea. Contraction of output continue In Iron and steel, but the outlook for tho new year la regarded as encourag Ing. In December 27 additional furnaces cere blown out and tho dally production fell from 03,659 to 07.253 tons, or nearly 2S.00O tons less than In the corresponding period of 1809. However, prices at ail lead ing centers still display a tendency toward greater weaknesa, and buyers are holding back In the hop, that further concessions, will be granted. ' In some other branches -of the Industry conditions appear more encouraging. Re ports from Chicago and Pittsburg Indicate a better Inquiry from the railroads, while the outlook In the structural division 1 consid' ered promising. KetAilers of dry goods the country over are pusninr salts or white goods and do mestics, while Jobbers are busy bringing out their new lines of Spring goods for house display. Buyers are showing Increased ac tivity In the market. There has. been a little more trading In specialties, wash goods and ginghams, and somewhat greater Interest in early showings of blankets and napped good, but drills and aheetlnga have ruled quiet. Helling agent In both cottons and wool ens, as well a In silk line, find It diffi cult to adjuat prices because of the aus- talned high costs of raw material and pro. ductlon, while buyers are operating only for Immediate need. A fair export tirade in cot tons In now reported with the Fnr East. The footwear, market continues quiet and unchanged. New nguuid producers have but p. smsll reserve for Spring cutting, but buyers generally are known to be carrying meager stocks and an Improved business 1 looked for by the latter end of the month. The question of prlc, is not a disturbing .lcm.nt t present. There I a somewhnt firmer tone to the market on domestic hide, and thla ls-espe dully noticeable in cow and bull hides. An Important domaud la again In evidence. principally for good lota of country hides. and this haa had a strengthening effect on the situation here. There Is a slight Increase In the demand for tea, but trad I still far from, being active. WEATHER STTMULATF-S SOME LINES. Reports From Jobbers are More Optimistic a to Lumber. NEW YORK. Jan. 6. liradatreet'i tomor row will say: Country-wide cold weather, especially ee- ere West and South, has stimulated tho demand for heavier Winter wearing apparel. and combined with usual clearance sales, ha made for a better than average final dis tribution of seasonable goods. In wholesale lines, holiday Inventories have been completed and salesqien sre aaln on th. road. Reports from Jobbers are of a quite optimistic feeling as to Spring trade and good sales of good adapted to retail trad are reported. Iron and steel are dull and pig Iron stocks are accumulating. Cold weather haa helped cosl consumption and sales of bituminous coal In the West and of anthracite in th. East are actlvu. Ho shoring of supply 1 reported. Leather trade are quiet and reports of widespread stoppage of work in tanneries give firmness to stocks of finished materials. Cotton good re quiet In primary mar kets, and year-end reviews of th 1910 re sult are disappointing a a whole. There are rather more optimistic reports as to lumber trade conditions on the North Pacific Coat.t. and a feeling that the de pression In that line In ll'lo la giving way to a more favorable situation. Business failures In the United States for th week ending January 5 were 281, against 2.11 last week. 271 In the like week of lino; S29 In 19io. 435 In loog and 2M2 In 1!M7. Business failure. In Canada for week num bered 31. of which compared with 35 last week and 33 In the like week of 1910. Wheat. Including flour, exports from the I nlted States and Canada for the week end ing January 5 (Portland. Or., advices not received). aecregate 2.MW.914 bushels. airalnst 28.17S.U29 last week and 3,11)3.145 this week last year. Corn exports for the week r, 2.204.379 bushels, against 1.14H.311 last week ana 1, 7u,6b4 bushels in 1910. BrBdstxeet Bank Clearings. NEW YORK. Jan. 8. Bradstreet's hank clearing report for the week ending Janu ary 6 shows an agrresate of $:!.314.i27.00, as acalmt i2.4tO.373.0OO last week and 14. 134.7uu.OO0 la the corresponding week last year. P. C. Inc. New York .$l.l7.o!9.00O 2.3 Chicago 21S.IM.UO0 3.2 Boston ln7.SH7.tNMI en.4 Philadelphia li7.4 1s.ouo 7.3 St. Louis 7S.MX7.00O 9.00 Kan.as Cltv 4.22S.0lO 11 1 Pittsburg 4H.K7.1.WMI .0 San fc-ranclsco 4.1.21S.0OO .V Baltimore H7.11.0o 7.0 Cincinnati .H.'l.tls.oiiO 3:1.9 Minneapolis lH.4.1u.00 1l. New Orleana , 22.l7.000 20.8 Cleveland 2t.034.OOO 2.7 Dotroit .K.'il.OUO 1.4 Omaha I2.93R.OOO .3 Los Armeies l.-..Mi:t.oiiO 1 IiulsvllU 13.on2.ooo 13.3 Milwaukee 12.43U.UOO 4.4 Seattle lO.OOH.ooo 17.5 St- Paul , tl.5M.nnil 11 Buffalo 11.S14.00O I0.. Mni.r K.r.TS.ono ".1.4 Inl.nnnlli 0.277.OO0 1.1 Atlanta 13.34.ot . 6.3 Providence .34.oO 8.0 Portlmnd. Or. Jt(NJ.0UO 10.3 MempM .74.1.oi U.O Richmond .B22,ismi 1H.7 Kort Worth d.Sln,om .0 ttnlt T j, k e rltv ...... 7.022.WU -;i.t Washington. D. C .977.H K0 St. JoK.ph tl.31iS.HtiO I.0S Columbus Mlo.OOO 21..1 iik,u . - S.poo.ooo 7.3 Tacoma .l.VJ.nn -ai.s saannah .B.mni'i js.o Spokane. Wash 4.SR2.0O0 0. Oakland. CaL 4.1tl.ono l.3 Sacramento 1.4H1.H00 2".'3 Helena N71.0-MI 7.0 Puluth. Minn. 2.23.ooo 2--.1 Hou.ton . !rS.7-'.ooo 9.0 Ualveaton ih.buj.ow . STOCKS ARE SLUGGISH IX ONLY A raw ISSCKS AllE GAINS SHOAVX: Demand for Ilonds Continues Strong. Call Money Kate Declines Sharp ly on Limited Inquiry. NEW YORK. Jan. . Further contraction of operations was th. most .trilling teature of tr. stock market today. Trading was almost th. dullest of the week and whll. price In th CUV group nuwu mil. ..ins at the close, the undertone wa at time sluggish nd'uneertaln. o.ntiment mdu the trader waa rather m I led. Th. professional class seems dis posed tO await aeveiopmeme Dctti. tana, in m .... ..... - ----- numi accumulation of atock by In- v.stor. and a continued demand for bonds. Rumor tht the liiu interest were e ti.iir r for the control of the Western Pa cific received no conrtrmatlon and report that the St. Louis Bn Kranclsco system Is .standing Its lines to the Pacific Coast ere promptly denied. rr the n.w railroad returns submitted. tlist of the Missouri Pacific was the most Important, showing a decrease In nat earn ing for iov.mDur 04 foo,wv anu wim decrease for the five month ending Novem ber .to. or X1.B7.1.000. Dlepatches from Chicago told of another cut In steel bar by Independent mills, vvnue it Is generally agreed that next week's con ference of the leading manufacturers in this city will not affect prices, the outcome la awaited with lively Interest. Increasing ease wss shown today In the local monetary situation, call loans going to the lowest rate of the week on a limited in quiry. AH available data points to a big cash gain by the batiks tomorrow. The bond market was generally firm and broad. Total sales, par value, 4.028.OO0 United Stataa bonda wer unchanged on call. CLOSING STOCK QUOTATIONS. doling Sale. High. Low. Bid. AMIS Chal pf 2H0 2S 27H 27 Amal Copper . 15,!x0 4 r 03 H -t; Am AgTicul ... 3H0 4Vi 40"s 4(H Am Beet Sugar. 2.500 43 V, 42 42 v, American Can 20 ! 85. h Am Car b. Fdy. J.200 r.2' 51 H r.2 Am Cotton OH. 000 t 0H r81 Am Bd A Lit pf ...... . . . . . ..... 22 Am Ico Securl. ...... 184 Am Linseed ......... ..... ..... 11 Am Locomotive 300 8fH 39 S 89 Am Smel A Ret 4.500 7ir! T4 75 do prt-fcrred 13U Am Steel Fdy.. 400 4rli 45 45 Am Susnr R.f. fmo 114 113 114 Am Tel He Tel.. noo 14154 141 141 i Am Tobacco pf. ihmi xa 94'.. 94 H Am Woolen .. . 4HO 32 H 32 ' I SI Ansconda M Co 2HI Mt ISOU 3S Atchison 2.H00 102 102s 102H do preferred.. 000 102 V, 102S l2i, Atl Coast Line. Kl0 11 117 UTrk Bait St Ohio .. S00 105 103 10. Bethlehem Steel... 30 Brook R Tran.. S'W 7M 7f14 7. Canadian Pic. 3,700 19U 198 198'i Central Leather S'M 82',. 31 31 do preferred.. 100 104 104 103 Central of N J 280 Che & Ohio .. 2,100 82 61 81 Chicago A Alton 30 Chicago Ot Wc 100 22 hi 22 22 da preferred. . - ..... 45 Chicago N W 600 142 142 142 C, M St P .. 8,300 125 124 125 C. C. C & St L. loo .1 (53 " Col Fuel Iron 200 31 31 31 Col A Southern. 01 Coniol Uas .... 6,400 140 139 140 Corn Products . 14 Del & Hudson.. 2nO 16A 106 106 D & n Grande Clio 2M 29 29 do preferred.. 200 . 6U 68 8 Distillers' Sccur 83 Erie CO 28 27 27 do 1st pf .... 100 46 46 45 do 2d pf 34 Gen Electric .. 300 151 151 151 Ot North pf ... 1,100 125 124 125 Gt North Ore .. 800 67 57 3d Illinois Central. 200 132 132 132 lnterbor Met .. 1,200 20 19 19 do preferred.. 54 Inter Harvester. 600 111 111 111 Inter Marin pf loo 10 10 .! Int Paper 200 1 2 12 12 Int Pump 7O0 41 40 41 low. Central .. 2iK 18 18 IS K C Southern.. 600 83 82 32 do preferred.. ..64 Laclede Gua .. 600 108 108 108 Louis A Nash.. 300 145 145 145 Minn & St L 24 M, S P & S B M 600 134 133 133 Mo, Kan & Tex 800 82 32 82 do preferred........ ..... ..... 02 Mo Paclilc 800 48 47 47 Nat Biscuit ... 2O0 118 118 117 Nat Lead 2H0 56 Brt 65 Mex N Ky 3 pf 2.0DO 87 37 87 N Y Central ... 700 112 111 111 N Y. Ont We 41 Norfolk We 1.0O0 102 101 101 North American 1O0 60 66 05 Northern Pao .. 1.900 118 117 118 Pacific Mull 28 Pennsylvania ... 3.500 129 129 129 People' Ua ..... 100 P. C C A St L.. 1,100 99 . 08 97 Pittsburg Coal.. 2O0 18 18 17 Pressed S Car.. 200 31 -31 31 Puil Pal Car 139 Ity Steel Spring 3J Beading 83.100 154 158 lj4 Republio BteeL. 40 82 31 81 do preferred.. 400 P8 93 93 Rock Island Co 4.SO0 80 30 30 14 do preferred.. 800 61 o 00 14 Ft L A 8 F 2 Pf 700 40 89 30 t L Southwest.. ..... 2-" do preferred.. 400 62 60 60 Slos-Shertleld 49 Southern Pao .. 8.200 116 116 llrt Southorn Ry .. l.nni 20. ,, zo- jo-, do preferred.. 7O0 62 62 'J Tenn Copper .. BOO 85 34 A 3oVs Texas & Pac Tel. ot L ft we 4' o sail o- do preferred.. 20 63 68 63 Union Pao . . .., 87.300 174 1.8 l' JJ do preferred. ..... ... .."2. TJ Realty ...... ..... ..... (9 U S Rubbor 800 36 30 86 it a a. 1 . 74 4t 73 74 do preferred.. 1.000 118 117 117 Utah Copper .. 8.4O0 46 45 46 Va-Caro Chem . "0 62 62 -' Wabash 2.4O0 16 15 15 do preferred.. 1.5U0 85 84 83 Western Md ... 200 60 60 60 Westing Eloo go Western Union.. 6,100 73 74 74 Wheel 4 L Erie 100 5 B 4 Lehigh Valley.. 6.700 177 170 1.6 Total salea lor in day, icyw.ouv sum.-. BONDS. . - vknv t a lli..ln. niintftllnm: r..v I ' 'i n t v ' ' . - i , r. 8. ref 2a reg.looi.V. Y. C. gn S 89 do coupon ...100INo. pacific 3s... 7rti TJ. 8. 8s reg 102 INo. Pacific 4S. 99' B do coupon ...102 lllnlon Pacific 4.10t) TJ. S. new 4 reg.H5jWi. Central 4a. 93 do coupon . . .115.Japanese 4 ..... 0B D. R. Q. 4s... 94 I Condition of the Treasury. nr . DntvnVIM T n a St th. hAfflnnlnt .y jv.ii ... v. . ..... - - - -- c of business today the condition of the United c a Tm.iiifV wna. Working balance in Treasury of fice f.lWI,lT-J i -1. - nH Phlllnntn. tresaurv H2.AK8.553 Total balance In general fund.... 87.508.782 Ordinsrv recolota yesterday .... 2.558.742 Disbursement 2.117,678 Th deficit to oat. tnis iiocai year i. $5.9.11.847. a against $24,929,494 at thl time last year. The figures exclude Panama Canal ana public debt transactions. Money, Exchange, Eta. vrw voitv Jan A Mnnev on call eas ier 22 per cont; ruling rate, 4; closing bid, 8; offered at 8. Tlmo loans, more sctive: 60 days, 83 ... nutt. mid oo days. 8 per cent: six months. 3 4. Prime mercantile paper, vvstrro per ce.nu i-. . i .. ....h.n.a ul.-H.lv u t .n SOVIinCA. with actual buainess In bankers' bills at - . ... ueK Cnp Aii-i.v tilllH ind at $4.n57o for demand. Commercial bills, $4.81 L8-"a. Itnr silver. 54 c. Mexican dollars, 43c. Govurnment bonds, steady; railroad, firm. LONDON. Jan. 6. Bar silver, steady at !5 8-16 d per ounce. Money. 22 per cent. for short bills Is 8 3 per cont; do for three monins nine, omit w-.u ire. - . -- BAN FRANCISCO. Jan. 6. Sterling on London, 60 dnya, $4.82; do sight. $4.86. Drafts, sight. 6c; telegraph, uc Stock at Boston. Jan. 6. Closing quotations: BOSTON, Alloue Amalg. Copper, 87 Mohawk .... 45 Nevada Con. ... 18 Nlpisning Mines.. 10 North Butt x-d. 28 North Lake 6 64 A. .. I. A Km.. Arisona Com. ..14 Atlantic 4 It c c h a. J- fi old Dominion.... 88B Osceola 11 Butte Coalition.. 18 Ca!. Arizona. 47 Parrott (S. C.) 11 Cal. 4t Hecla 520B!Qulney 70B Centennial .... 13 AlShajinon 11 Cop. Ran. C. Co. 6S Superior B8V2 E. Butte CP. M. lllSup ft Bos Min...5B Franklin 9 Sup & PltU Cop. 13 Glroux Con. ... 6!Tajnarack ...... 46 flranhv .'fin. 3H I Li. n. S. It. Greene Cananea. 6 do preferred .. 46 1. Royale (Cop.) 14 T'tah Con. 13 Kerr Ijlce !'. Il'teh Conner Co. 46 Lake 'opper 84WInona 8 La Sail, copper 4 wolverine ......116 Miami Copper...' 19) Metal Markets. NEW YORK, Jan. 6. Standard copper quiet. Spot. January and February, 12.10 2.20c; March. 12.13912.20c: April, u.w 1-l25c Inmlnn firm. Snot f56 12s 6d: fu tures. f57 Ss 9d. Custom-house returns show exports so far thl. month of 4460 tona Lak. copper, 318.25c; electrolytic, uuguc; casting. 12.30 V 12.75c. Tin easv. Soot. 39.30539.40o; January, 3ft.20V 39.37c: February. March and April, K9.150 39.35c Indon weak, spot, iim 2a 6d: futures, tl79 10s. Lead quiet at 4.45'if f.o.'c wew ion, .iu 4J 4.35c East St. Louis. London. 13 s 6d SDclter oulet at 6.655.65c New York and 5.450 6.45o Bast St. Louis. London, f24. Iron Cleveland warrants. SOs in London. Locally Iron was quiet. No. 1 foundry North ern. 15.2ojr 16.2S; KO. Z. 14. ' JO..": 1 Southern and do. sort. s1o.2o0.iD.7o. Dried Fruit t New York. NEW YORK. Jan. 6. Evaporated apple quiet. Price for the higher grade largely nominal, un tne spot luncy ijuuici i 12(rl8c. choice at 116110 and prime at 011c Prunes, quiet, firm on the small stock on hd. Quotations from 74lUc for Cal ifornia, up to 30-4OS and lOtfllc for Ore gon from 60 to 80a. . Peaches in more active ueniana. urm. Cholce, 7c; extra choice. 86 8c; fancy, eac Dnlnth Flax Market. DTTT.TTTH. Jan. . Flax on track and to arrive. $;.$; May. $3.i9. ' Hop at New York. NEW YORK, Jan. S. Hop firm. BULLS IN CONTROL Force Wheat Above the Dollar Mark at Chicago. ' OFFERINGS ARE SMALL Traders Ignore Lower Cables and '. Fact That Australia Has Be gun to Ship on a Very Large Scale. CHICAGO. Jan. 6. Evidence wa plenti ful that leading longs had the wheat market In control. In fact about the only wheat on sale today came from tho big holders. New buving was pronounced on the weak pots, the principal bulls not having to give the market any epecial support, despite the disappointing cables and the fact that Australia had begun shipping on a large scale. No distinct upturn occurred, how ever, until the announcement was mado that export clearances for the day had reached a total of 679.000 bushels. Optimism had another source, too, in the world' ship ments, which promised to be light. Signs of Winter killing In Kansa and Oklahoma received also considerable attention. The close was steady at the top of the session. May ranged from 99o to $1.00, with latest figures o up at $1.00. Corn was weak a good deal of tho time. May fluctuated between 49 o and 49 c, closing steady at 49c, a net gain of a shade. Cash corn was easy. No. 2 yellow finished at 46 47c. The oats market barely held its own. May varied from 34 to 34 c and in the end stood at exactly last night's level, 34 84c. Important buying at critical Junctures put up the price of hog products. Pork closed up 12'4e to 45c, lard was up 12c to 17c and ribs were at an advance of 17 c to 30c. The leading future ranged a follows: , V WHEAT. Open. High. Low. Close. Jan. .:. $ .9 .9.-. May .99 1.00 . 1-00 July 96 .!6 .9 .96 Sept...... .? ...? CORN. May .49 .49 .49 -9 July f.0 . .60 .B0 .BOVs Sept... .61 .61 .60 .61 OATS. May...... .S4 .34 .34 .J4, July .84 .34 .3 ; Sept 33 .33 .33 .$3 MESS PORK. Jan 19.75 20.30 19.75 :0.2I May 18.80 19.17 18.75 19.13 .LAK LI. May...... 10.15 10.32 10.12 10.27 SHORT RIBS. Jan 10.45 10.87 10.45 100 May 9.90 10.12 9.87 10.07 Cash quotation were as loiiowa: Flour Firm Rye No. 2. 81 c. , Barley Feed or mixing, 6375o; fair to choice malting, 86 93c. Flaxseed -o. 1 southwestern, .tn; io. 1 Northwestern. $2.59. Timothy seed $10. Clover $15. , Sides Short, clear (boxed), 10.e2 0 10.75. Grain statistics: Total clearances of wheat and flour were equal to 679.000 bushels. Exports for the week, as shown by Bradstreet's, were equal to 2.569.000 bushels. Primary receipts were 245,000 bushels, compared with 502.000 bush els the corresponding day a year ago. Esti mated receipts for tomorrow: Wheat, 23 cars; corn. 233 cars; oats, 171 cars; hogs, 18,000 head. Receipts. . Shipments. Flour, barrels 11.400 12.7000 Wheat, bushel ........ s.ttuu o-.iuu Corn, bushels 195.200 !47.6.0 OaU, bushols ....223,200 395,900 Kve. bushels 2,000 1,300 Barley, bushels 37,500 30,200 Grain at Ban Francisco. SAN FRANCISCO. Jan. 8. Wheat and barley Firm. Spot quotations: Wheat Shipping, $1.50 1.62 per cental. Barley $1.12&L13 -per cental; brew ing. $1.151.17. Oats Red. $1.07 1.27 per cental; white. $1.47 1-55; black, $1.85S1.40. Call board sales: Wheat No trading. Barley December $1.20 per cental; May, $L19. Grain Markets of tho Northwest. TACOMA. Jan. & Wheat Export: Blue stem. 85c; club. 68c; red Russian, 81c; for tyfold. 84c. " Milling: Bluestem, 85c; club, 83o; red Rus sian, 81c; fortyfold. 84c. Receipt, wheat 40 cars, oat and corn 1 car each; barley and hay 2 car each. SEATTLE. Jan. 6. Milling quotations: Bluestem. 83c; fortyfold. 83c: club, 82c; Fife, 82c; red Russian, 80c. Export wheat. Bluestem, 82c; fortyfold, 80c; club, 79c; Fife. 79c; red Russian, 77c. Yesterday' car re ceipts, wheat 18 cars, corn 2 cars, oats 6 cars, barley 1 car, hay 14 cars. Minneapolis Wheat Market. MINNEAPOLIS. Jan. 6. Wheat May. $1.08; July, $1.09 1. 09. Cash. No 2 hard, $1.09; No. 1 Northern. $1.08 to 1.09: No. 2 Northern, $1.05 107 ; No. wheat, $1.03 1.06. ' European Grain Market. LONDON. Jan. . Cargoes quiet but steady. Walla Walla for shipment at 36s to 36s 8d. Cargo white Walla Walla for Jan uary shipment sold at 16s ed. English coun try markets, firm; French country markets, quiet. LIVERPOOL. Jan. 6. Wheat March, 7s ld; March, Ts ld. Weather, unsettled. CofTe and Sugar. NEW YORK, Jan. 6. Spot coffee steady. No. 7 Rio. 13c; No. 4 Santos, 13 14c. Mild coffee quiet. Cordova, 13W16c. Futures closed steady at a net advance of 6 to 14 points. Sales. 85,250 bags. January, 1 1.4Hc ; February, 11.65c: March, 11.64o; April, 11.57c; May, 11.50c; June, 11.40c; July. 11.88c; August, 11.33c; September, 11.27c; October, 11.17c; November, 11.14c and December 11.12c. Raw sugar nominal. Muscovado, .89 test, 3.23c; centrifugal, .96 test, 3.73c; molasses sugar, .89 test, ,2.98c. Refined sugar, quiut. Chicago Produce Market. CHICAGO. Jiin. 6. Butter " Steady; creameries. 22i&29c: dairies. 2025c. Eggs Steady; receipts, 1814 cases; at mark, cases Included. 1922o; firsts, 80c: prime tirsts, 32c. Cheese Steady; daisies, 15Moc: twins, 13'18c: Young Americas, 1515c; long horn.. lSM3e. Include this among your new "resolves": "I will work for good streets by working for "Bitulithic." TRAVELER'S GUIDE. COOS BAY LINE f TEAMER BREAKWATER sail from Alaska dock. Portland. 8 P. M. Dec. IS. 20. 27. Jan. 8. 10. 17. 24. 31. Feb. 7. 14. 21. 28 and .very Tuesday night thereafter during th. Winter. Freight received at Alaska Dock antll P. M. dally. Passenger fare first class, $10; second-class, $7, lucludlng meals and berth. Tlck.u on sale at Alnsworth Dock, Pkons Main 348. A, 12t lumbermens NatiqMalBank r" CORNER FIFTH and STARK STREETS PORTLAND, OREGON Capital OFFICERS. G. K. Wentworth...;a.i.-.;.'-'.-s-. .President John A. Keating. .. .-.xn,:.,,...!. Vice-President Geo, L. McPherson .-.,.,..,.. .Vice-President G. JM. Rice. .-i.;..Tn.M.r:.ri..i.-.. .Cashier F. A. Freeman. .-.-n.-.,,.,... Assistant Cashier Graham Dukehart...:. .Assistant Cashier THE UNITED STATES NATIONAL BANK PORTLAND. OREGON UNITED STATES DEPOSITORY Capital - - - $1,000,000.00 Surplus md Profits. $800,000.00 OFFICERS: I. c. AI5SWOIITH, President. R. W. sCTJnEER, Cashls. R. LEA BAR5E S, Vice-President. JU H. WIUGHT, Assistant Caahlen W. A. IIOJLT, Assistant C ashlar. LETTERS OF CREDIT AND TRAVELERS' CHECKS ISSUED NEGOTIABLE EVERYWHERE DRAFTS DRAWN on all FOREIGN COUNTRIES Ladd & Tilton Bank i ' ti - 2 I : vBiiBuu www $ ,jc r.'. i t ( : V : OLDEST BANK OH" Capital SURPLUS AND XV, Bl. Ladd, President. EdTT. Cooklngham, Vice-President. W. 11. Unsckltii Cashier. First National Bant Capital $1,500,000 Surplus 750,000 Oldest National Bank West of (hi Rockj Mountains GIBRALTAR AL.G!ERSkVILLEFRANCHE5CENOA' NAPLES' ALEXANDRIA FIUME: Ail. A CARTE SERVICE m-fi WITHOUT JAN. 21. IW0R. JOSTOH, CHICAGO-. WIN FlRrlClltU, lOROHTU. t F I H E TRAVELERS' GCIDK. San Francisco, Los Anelss an J San Diego Direct north pacific S. & Co.'. B. a. jtoaaox and a. & Elder sail ev.rr WednHda, alternately at P. si. Xioet elXlae 1J xaird .u. near Alder. UAHTUi 4. BlULKY, PasMBver AtX, W. H. SLlibstii, Freight Acent. yhoas M. lite. A 11. Canadian Faolne Emprea. line of stem.ra sallln- weekly b.tw.en Montreal and I.lver. pool. Wireless on all steamers Ak U uck.t scant or writ w. SU Jaansoa. a. A, li XbUd U. PerU' 1 1 : $500,000 THE PACIFIC COAST, $1,000,000' PROFITS $600,000 R. Toward, Jr., Ass't Cashier. f . J. W. Ladd, Assistant Cashier, j Walter at. Cook. As. t Cashier. I B I I f CHARGE .'. FEB. IS. MAR. 11. 1 NIAPOLI , PHILADELPHIA, IT lOOt J I. HU Wlraraii-I.u l.u,at. SC. NT TRAVELERS" GUIDE. SAN FRAXCISCO A PORTLAND SS. CX New service to Los Angeles via San Fran. Cisco every five day. Prom Alnsworth dock. Portland. A P. Mi SS Hose City Jan. 7, Iteaver 12, Ucar 17. From San Francisco, northbound, 12 M. 6S Beaver Jan. 6, Bear 11, Rose City Id. From 8an Pedro northbound, SS Bear Jim 9, Hose City 14, Braver 1ft. H. O. Smith, C. T. A., 148 Third St. J, W. Ransom, Axent, Alnsworth Dock. I'honra: Mn'n 408. ta: A 1402. Pincers that lock when closed and which requlrs considerable force to open hav been patented by aa Inventor.