21
THE MORNING O It EG O XI AN, FRIDAY, JANUARY 13, 1911.
BEST1910SH0WIN6
Fewer Failures Than in Other
Coast States.
llc: tark-r. 30?le: docks. 2c:
14c: rtmwd turkeys, choice. r,n
KOl!t r'm ranch, candled. 53e;
EMrro.
rrn. :v.
CilKK.-K Kull eroam. twins. 1ttOT0
pr pournt; yiuns: America. 7Hlac .
- BITTEH City crr.mrr utn. 1 and
pouad prinia, la Win 0o psr pound; leas
lh,n cartons and delivery eslra.
i'ORK Fancy, HViWl-e per pound.
ViAi-iuu, e w paan. lJOe
per bobbo.
IDAHO ALONE EXCEPTED
This State Rrrnrd Comparrd With
Tbox- of Washington and Cali
fornia In Dan's Annual ItrTlew
of Co mm err I a 1 Default,
Craimmlal failures la the failed States
during the ywar lPIA. accord In ir to statistics.
TONnl 13. ess. with defaulted liabilities
amnanttns to $21.TiT.fp7. in number of
failures th record for tho pat y.ar ibo
a rrnu an compared with 190, when the
Bumbor waa IS 024 and a much larger de
rrtu, aa compared with tho 1904, total of
13.KSO. Tho amount of liabilities, however,
showed aa lacreaee aa compared with l".
when tha total defaalta accreitated $!.
03.4OA bat a decrease aa compared with
!. tha total that year having been $?TZ
Of tha 12. 6.'. I defaalta ta lPIO thera
warn 240 for fioo.ooo or mora, tha assre
Cato llabllltlea of theaw belnc tl0a.2tS.TKS,
ao that St per cent of tba defaulted llablll
tlea of tho year warn represented by only 1
Per rent of tha defaulting firms. Tba aver
are amount of each failure waa SI5.&4S.
comparing with flt.934 In 190. I14.H9 In
1IKS and I1S.SM la 1P0T. Deducting tha
ITO larva suspensions, tha trtrat, Itahllt
tlea of tha remaining amall failures waa
lT4ft.
Oregon makes tha best showing of tha
Faciae Coast Ftatea Thora wera 1223 de
faults ta tha Ferine Plates with defaulted
utilities amounting to IS.S02.4TS. This
was aa lmproTt-B.nl a number, but an In
errasa la liabilities aa rem pared with IPno,
when It-era wera 1323 and Involved S.:iV
I'l. and ta all respects aa compare! with
laiiS. Fatturra ta Idaho Increased In Bum
per, but decreased! ta liabilities, and Oregon
makes a i err satisfactory ahowlnc In both,
but as to llabllltlea tha relume from tha
remaining states ara teaa favorable. Both In
maaufacturtng and trading thera was con
traction In number, but Increaao In ths
amount involved, ta ths farmer 34 for
0 4li. comparing with 373 In IBM for
12.424 Ii and la tha Utter MO for Sa.Ua.
224, against luia for liJM. I2S. Com pared
wit Ik Iso. boweter. thera Is snarkad tm
proremenc la both classes. Tha brokeraga
claes ttiak-s a comparatively satisfactory
exhibit. 44 suspensions with liabilities of
.-.rt...v. com paring with 43 for 4O.I3 ta
lions and 4 for f2w.3T two years ago.
Iun's etatt.tu-a for Oregon. Waabtngton,
l.laho and A'allnfnrala follow:
Cress rtes. Dried Fruits, KB. .
DKIEU FKCIT apples, loa per pownd:
carraata. 13ntlc: apnoota, HSC';
satra. package. lUVto par lo.s flga, bu Ik.
thlia or b.iL by wck. asoo; wa, IU
1.14. 12-i-a. aac; W-lia U-JZ: iw-la, Ao;
amyraa io,
bAXMOn Columbia RItbt. 1-pound tall a.
ft 1 per dozen; a-pound tails. SSPS; I
pound I ..la. I2.au; Alaaaa pink. lpouad
talla tl Ja red. 1-pound tails, loo.
COFI'KB Roasted, la drums, 23 014c
per pout.4. 1
NVTS Walnuts. inoiTa per pound: Bra-
all auts. lie. Alberta, loo; aimonda,
llfts; pecans. iSc; oocaatauta. BOcO P'
doaen; cheatnuta. 12 so par pound; hickory
Buta. ItpiOo par pound.
SALT (Jranulatod. flS per ten: Half
ground, loos. t-a per ton: 50a. I par toa.
. BEANS r mail wbita. 4wc; larga whlta.
ISc. Uma, a-ae; pink. Ss; raei Ataxlcaaa.
IkCi bayou, lit -
RICE No. 1 Japan. o: eheapar sradaa.
II MD S3; Bouthera head, SVOTo.
HCNZT Choice. 3-I par caaa; tralnao.
He per pound.
I'JOAR Dry graaulatad. fruit aad barry.
r.0; teet. J.30. estra C-. J: goldea -.
f4.M; yellow !., 4.u; cubes tbarralar.
.1J: koorterod. M-aa. Terma oa remit
tances withla 11 days, deduct at par pound.
U later tnan 13 daya and within 30 days,
deduct las tar pound, staple -augar. Li s
Isa par pound.
"
HAMS 1 to 11 pouada ITHe: It ta 14
pound--. JTSe; 14 to 14 pounda. Jj.
akinned. 174c; plcnlca. 14c; eoitago roll, lee
BACON Fancy. Je; standard. tc;
choice. 23c; Kngllsh. inc.
MOKtL iltAT-J Beef tongues. o:
dried beef seta, :2c; oulsides, nom; Insldsa.
23c: knuckles. i:c.
DRT oAl.T CURED Rairular short clears.
dr salt. 14 He: araokad. lcr backs, light,
salt. H smoked, lac; backs, heavy, salt.
14c: amoked. 16V.O; exports, ealt, lc;
smoked. lSc.
UXD Kettla rendered, tierces. HHc;
tabs. HWc; standard purs, tierces, llc;
tuba. IJ'ac; chuica. tierces. 13 Sic: tuba,
13 "ac; shortening, tlercea. lVr tubs-lOVkO.
Hope, srssl. Oldea. Eta.
HOPS 11 crop. llOllHc; 1 crop.
lHllc; contracts. UlIJe.
wiHL bJutern Oregon. 120 lite per :b
a ceo rO lug to aartnkasoi ralley. HCylto par
pound.
MOHAIR Choice. I) Otic
m.'aKa HAHK lo per pound.
lIIDs Baited hides. SWOT -to par lb.;
aalted calf. Uc; cutod kip. JHc; salted
stage. Sc; green hlUea, lc lass: dry hides.
li;c: dry call, lllSc; dry atas. 11
12c
PtLTS Dry. lHo: aalted. butchem-taka-a.
4001 5c: Spring; lambs. 260a-
rROtl'C AT 8AX rR.NCTSCO.
Oustatloaa Carreart la the Bay City Mar
ket. AN TRANCIHOO. Jan. 12. Tha follow
lna produce prlrea were current today:
Vegetables Cucumbers. 7.'-cl: garlic. 4
ffac, grven peas, tttj-tc; string beans. 164
Sue: tomatoea. TScvtl: eggplant. aa)10o.
Hutter Kancy creamery. .11 Sc.
Kggs toro, ;tOc: fancy rnncn. SSSa.
Che-eae Young America, lASCIlc
Ml.Uiutfa B.-an. t.-itrJO; middilnta. J1
0-id.
Uay Wh'at. t!OI4; wheat aad eats, Q
It: a"alf.. oli.M.
Fruit A pplcs. choleo. Mr ; common. 40o;
Me-then llmea. t4u4..1Q: fallfornla lemons.
Number failures. 1010......
A.-t. I J la
I.i-ii i ill... l:li, . .
'u::t-r failures. 1H .....
I.i.r l:ti. Ilv
M.nt tjiluree. tPIS
T-u.ling failutea. ll!
tfhf commercial. 111 ...
Or.
Wash.
Idaho.
CaL
ITS 13 B4 IWt
.t 46l'l tl.t3 I7.1 f S27.UO f t.29fl Jrt'.i
. S-H&.407 2.0o.4trt 4o2.u.t4 . 4.0.ff.'4
X21 27"! St "lit
.1.03.;;- tZ.203.2o I SIS.1WJ I4.1M.7-.-s
4! I2 - 113
111 JT 47 SIO
13 IS 1 IS
tSroHT M.OIB IS CENTS KIGHCB.
Loral Market Fallowa toe Adrwara ta
rrlroa at Sewttla.
Kxport flour prices wera advanced IS
rents a barrel, to S3. TO. by local millers, fol
lowing a similar ailvancs oa tha Sound. XtlU
Feed qu-ftatlnrig wera unchangad. though
thera has been a decllna In tha North.
Tha wheat market was quiet and arm.
Holders are vary bullish In their Ideas and
where It la necessary to get supplies, prices .
have to be bid up. The demand Is Itrht
and ta ronSned to Coast miliars. Buyers yes
terday bid A3 centa for club and Si to
cents for bluest em- Fx port era could not
pay thasa prtcee oa the bails af tha for
eign market.
Tha local aata market waa quiet and
steady, but on the found the feeling waa
somewhat ' easier. Barley continued Arm.
Local receipts. In cars, were reported py
the at arc nan is Exchange as follows:
Wheat Barley Flour Oata Hay
Mondar l S 1.4
T-ieedar -1 1
Wedneeday ... 23 ....
Thursdsr ..... 1
Tear aro a 1
Peastnto dat.2 S
Tear ago T27J 14
rholce. J tO; common, f 1 SO; oranges, navel,
tl.M,?.23: plneapplea. I2V?.M.
1'otatoes a!lnaa llurbanka. fl.S392.ln;
sweets. So 0 3.20; Oregon Burbanks. f 1.73 V
1.1M.
Onions I1.f1 l.Tf.
Receipts Flour. 1004 quarter sacks;
whest. 1.1.073 renlals; hsrley, 712" centals;
oata. lao centals: potatora. S7l0 sacks:
bran, llv serka; middlings, S sacks; hay, 424
tons.
S
S 1 32
If 4 4
a s to
123 BS ITV49
1227 733 1S78
All Cewatry rradacw Im Firm.
The egg market holda Brra with aalea at
IS to S4 cents. The demand, however, ta
Bot active.
The demand for poultry waa sufficient to
clena up all the arrivals at tha former
good prices. Dressed meats of all kinds
were nlao firm. '
Butter nnd cheese were unchanged. Willi
tha undertone of the market moderately
firm In both departments.
Light Pimsad for Vegetables. '
Trading In the green produce market Is
at 14 light. The cold weather has checked
the demand for frulta and buyers are aim
Indl3erent about vegetables. Fresh color la
scarce, shipments having been held back
by weather condltlona In California, but a
larga quantity of wilted stock la oa the
street. There Is also a scarcity of good
caullrlower.
Bask rieartnsa..
Ttsnk clearings of the Northwestern cities
ytstertlsr were aa follows:
Clearings. Balances.
Portland I2.ll4.7lil f2.Vl.2iM
Seattle S.2K4.B13 2044
Tacoma 7M.M2 124as
Spokane PPo.1.12 2P4.IKS
rOBTLAXD MARKETS.
SralB. Floor. Feed. Ete.
WHEAT Track prices: Biuestsra. SIO
t;i,c: dub. s:Mc: red Russian, toe;
Va.iey. SJc; 4v-to.il. lk4c. J
HAfil.tY KeeJ. :3 in,,; per ton; bref
tng. t:7w:7.5e per tun. )
MILLSSTCFFS Bran. t23.04.SS p4r
ton: middlings. Ill: shorts. 123.304) TC.M;
rolled tarley. i24.
FLOI'R Pat lie fH pa barral:
straights. I4.1v4i; exports fX.7t: Val
let. 1 20: graoiana. f 4..S; whe.e wheat,
quarters. 14.
HAT Track prices: Timothy. Wlllam.lta
Valley. flj20 pee. too: Eastera Oregon.
t-'ltf22: aKalta. fi4: grata Bay. S14.3S
jlSi. c!oer. llialt.
corn' Whole. . cracked ft par tea.
OATi No. 1 white. I2a.30tf2t per ton.
Tegetables aad Fruits.
A PfT. E Waxen. Sow ft; Baldwin. T3c
11 23; Northern Kpy. Iw 3L2S: roow. f 1 23:
KeU Check Pippin, flwl -o; Winter Banana,
tl 732; FplKenbets. tL2j1.7i: Tallow
Newtown, f I 73.
BACK VKiiaTABtES-Carrots. SI Q 1.1
hsnilred: parsnips, fl 91.33; turalpa. Hi
e-'S. tl 13 ay 1.30.
OKIES KRI ITS Peace. 11.2392 per baa:
grapes. T3cMfl Pr bos: ktalagaa toOa.30
per barrel: cranberries. fl29 13 3ll par bar
re!: irfaimsoof. f!.3 per joi.
VEGETAK1.es-Beans, lme par pound:
cabbaae. 41.23 pr hundred; caulinow
er. - 13 per crate; celery, California.
U91 per crate: cucumbers. 33 per
box. eggp.aat. 1191.13 per crate; garlic.
StI2Hr per pound: green onions. 13c per
dosen; head lettuce. WOMo per dosea;
hothouse lettuce. Tic u 100 per box:
peppera 13 per lb.; pumpkins. lflS per
Is.: radlabea. I8920e par dosea; sproata
S0c: aquaah. 11H per lb.; tomatoes.
fl.73 per boa.
TROPICAL FRnlTSJ Oranges, naesla
12 9X75 per box: Japanese. tl par
bundle; tangerines. f3 per pox: lemons. f4;
Florida graiatrult. ll: California grape
fruit, ts.5004: bananas. 6c per pound; plae
appiea ac per pound.
POTATOES Oregon. Jobbing prlosa, tl II
91.S3 per hundred: sweet potatoes. I3.T3
per hundred.
OMONd Buying price. Lf per hundred.
Tlatiy and Caaratry Frwdaee.
rOLXTRT Lire: Hens, It 9 19c: Springs,
WHEAT PRICES LIFTED
HALF-CENT ADVANCE IX THE
SEATTLE MAKKET.
Potatoes Firmer on Account of Cold
er Weather Eggs Selling
at 40 Cents.
SEATTLE. Wuhe, Jan. 12. 8pclL)
TVhjjit pricn ware Itfted a half crnt all
around today blueatem colnir to Ho and
club to Mc. Tht inarkat waa dominated
Imrfly T local Interaata. - aflllra ara best
ruatomera. althousa averal of these have
ail the wheat I hey ned.
Hay waa eaalvr. but not much lower.
Stores etocka ar not decreaalnv and con
iderable California hay la yet to be shipped
North. -Oata and barley were dull and un
changed. The potato market waa noticeably firmer.
AJthouKb six cars were reported aa havtnc;
arrJvd today, the temperature was cloee
to the freest nr point and tmleee the weather
moderatee dealers will take no chances In
ordering stock shipped.
The supply of appice of all kinds Is yettloff
low. One house had less than a half a car
of apples of all kinds on hand today and
none in transit.
ec receipts were heavier. Bales at 40
cents were reported, a rise of 1 cent over
Wednesday's price. The butter market
was Arm. As a re mi It of the decrease In
the supply of fresh Kastem butter, the de
mand for frvsh Washington has Increased.
This factor operates stroncly axatnst any
Immediate cut In price.
The price of fresh halibut Jumped to 10 H
cents tonight
Metal Market a.
NEW YORK Jan. 12. Standard copper,
dull: vpot. January. February and March,
lJ4i12-lc; April. 1 2 0 1 2- ". London, firm;
pot. f&S 10e; futures. .r6 7s 60. Custom
house returns show ex ports so far t h Is
month of ll.T.Vi tons. lUake copper. IX UTS
0 ia.l'iHc: electrolytic, 12.6'J 13c; cast
ing. 12 S7 (l-.e2Sc
Tin. asy; spot. S). 3X8c; January and
February. 89 39 KVr; March. 3v.6oy ?0.vOe
and April. SU-COC l.s5c. London, strong;
spot, ilfil lus; futures, HS2 7s td.
Lead. dull. 4.4&tf J.5S New York; 4 50
4.S.e East St. Louts. Iondon. spot. 13 1 3d.
peilrr. dutl. 6-Mtj V0c New York. S.4tty
&.4:r East ft. Louis. London, spot, 24
2s d.
ron Cleveland warranta. 40s lOHd In
tendon- Locally Iron was unchanged; No.
1 foundry Northern, 9 IS.75W 111!5; No. 2.
$4 li.7.; No. 1 Southern and do sort.
Coffeo nnd "agmr.
NEW YORK. Jsn . 15. Oot f ee f u t urei
clnsd stesdy at a net decline of 4 f 1 1
iolnts unUr continued realizing and selling
for a reaction. Sales 53.0'o bas, February,
ll.i.'c; March. April and May. 11.70c; June,
11 c; July. ll.O'c: Aujrust. ll.C4c; Sep
tember. 11.; October. 1LSC; November.
11. SI. and December. 11. SI.
eS,Kt coffee quiet; Rio No. T. 13e: No. 4
PanttYS, 14 S J lc. Mild coffee nominal.
Cordova, UN J lit
Haw lumr easy. Muscovado. .H9 test.
S lie centrifugal. .4 teat. l.7; moUw-jj
sugar. . test, Z 9Zc Refined sujfar steady.
IrWd Fruit at New York.
NEW YORK. Jan. 11. Evaporated apples
easier, especially for prime on ths. rpot;
fancy Is quoted 12 6 lie; choice, llTjc;
prime. ISullc.
Prunes rather quiet, but prices firm. Quo
tations from c to 10 c for Callfornlas
up to 30-40c and loQllc fur Oregons trom
Mo to ive.
Peaches firmly held but buyers are In
clined to hold off; choice, 7Sv7c; extra
choice, bQIHc; fancy. fti9c.
CotWitUn 9t the Treasury.
WAPHINOTON, Jan. 12. At the begin
ning of business today the condition of the
1'nlted States Treasury was:
Working balance la Treasury of-
.'I27.TWS.SS4
In banks and Philippine Islands
Treasury .n.V5tS.A28
Total balance In general fund. . et..,37,!l47
Ordinary recelpte yesterday ai.17.V313
Ordinary disbursements 1.3UO.IM4
The deficit to date thle fiscal year is
9442.63 asj against 920.412.329 at this time
last year.
Thes- figures exclude Panama Canal and
public debt transactions.
Statement of Condition
OF'
Lumbermens National Bank
OF PORTLAND
At Close of Business January 7, 1911
'RESOURCES
Loans and Discounts'
Overdrafts
U. S. Bonds to Secure Circulation. .
Other Bonds and Premiums
Real Estate
Furniture and Fixtures
Due from U. S. Treas...$ 12,500.00
Due from Banks 343,202.33
Cash on nand 791,528.24
.$2,174,086.25
3,293.87
, 250,000.00
. 220,475.57
8Q0.00
. 25,000.00
1,147,230.57
$3,821,786.26
LIABILITIES
Capital
Surplus and Undivided Profits .,
Reserve for Taxes
Circulation
Dividends Unpaid
Deposits
.$
500,000.00
63,100.37
5,383.31
250,000.00
2.716.50
3,000,586.08
$3,821,786.26
SETBACK IN PRICES
Wheat Selling at' Chicago Is
Heavy.
DAY'S NEWS IS BEARISH
Heavy Shipments From India, Larg
er "Offers From Australia and
Much Selling Pressure in Ar
gentlna Flour Trade Poor.
CHICAC.O, . Jan. 12 The accrecate of
tradlnc In wheat waa much laraar than
ueual. There waa a reat deal of coverlns
by shorts. Including soma of the Northwest
em epresders. Meanwhile, other centers re
mained unreepnnelve to the bule here. Con
alderahle sclllnc of July wheat waa done,
new trade solus larly Into that future.
Itaarlsh feellne revived an early Impetus
from heavy shipments by India. T.n1eu- to;
Australian off.-ra were lancer In L4verpooI
and there were reporta of much selling
pressure la Buenos Ayres. Seasonable tam
peraturea Southwest and petering out or
cash demand and poor flour business fur
nished a.ldlllonal reasons for a wt back In
prices. Msy ranited from tl.SlW to H-SH.
with latest fiRures allowing a drop of a
at Sl.oiS Wl.01.
Notatthatandlnc further bulllan news from
Argentina regarding the crop there, some
of the larger local longs sold corn futures
In a liberal manner. May after fluctuat
ing between 60c and Mc ended the day
Uc off at &OV,50,c. Caen - corn waa
steady. No. 1 yellow flnlshsd at 4l94v,c.
In oats, local traders turned to the selling
side at the last when other grains declined.
May varied from So to 15 fee. dosing We
net lower at IS9JH.C.
Packera and slockysra traders nad pro
visions for sale In plenty all day. Final
results were to leave pork 15o leas eostly
than 94 iiours previous. Lard was off 10 V
12c. and ribs l7'c
The leading futures ranged as follows:
WHEAT.
-Open. H!gf.
1.02 1.IS
.11
.!
CORN".
.50?
.61 S
..:"
OAT3.
.55'.
.16
MESS PORK. '
.It.lOVs If. ICS l.02tt
is .
LARD.
10. ss
10. 2i
SHORT RIBS.
.10.10 10.82 It. 75
.10. IS 10.17H lO.OSVs
III. OS 10.071, s.si
Cash quotations wore as follows
Flour- r irm.
live No. 2. 8 Be
Barley Feed or mixing, 5a7Sc;
choice malting, llwl7o.
Flax Seed No. 1 Southwesten, II. 45; No.
1 Northwesten. 1.58.
Timothy Seed 111.10.
Clover 11&.00. s
Mess Pork Per barrel. I20.1XH O20.J5.
I.ard Per 100 pounda. 110.55.
Short Klbs Sidee (loose). 110.1IHB10.7!.
Sides Short clear boxed. f 10.7s $11.00.
Uraln atatutlca:
Total clearances of wheat and flour were
equal to 43.000 bushels. Primary receipts
were 411.000 bushels, compared with 066, BOO
bushels the corresponding day a year ago.
Kstlmated recelpta for tomorrow: Wheat,
;2 cars; corn. Hi cars; oata, 132 cars; liogs,
30.000 head.
Recelpta
Flour, barrels 11. too
Wheat, bushels it. 000
Corn, bushels IC2.I00
Oata, bushels .177,200
Rye. bushels 1.000
Barley, bushels 1.000
May
July
Sept.
May
July
Sept.
May
July
May
July
Jan.
Alar
Jan.
May
July
.17
.
.10
.61 'i
.15U
.Site
..ls.S7h
..10.45
. .10.21
Low.
I1.01S
.to
.8114
.12
.15
.24
18.62',
10. 15
10.10
Close.
1.01i
.16
10
12
.35 "4
.14
1I.07H
11.45
14.85
10.1214
10. Tl
10.07H
l.lla
fair to
Shipments
11.300
22.700
247.800
420.100
1.000
. -14. mo
Grain at Saa Franclsr.
SAN FRANCISCO, Jan. 12. Wheat
Firm. Barley Fteaily.
Spot quotations: Wheat Chipping. fl.SO
81.05 per cental. Barley Feed. I1.12H per
rental: brewing. $1.13 01.20. Oats Red.
ll.lOti 1.H2W pes cental; white. 81.47 14
1.&34 ; black. 81.23.
Cnll board sales: Wheat No trading.
Barley ilay, $1.13 per cental; December,
1.34.
Grain Markets of tba Northereat.
TACOMA. Jan, 12. Wheat Export: Blue
stem, b5c; club, 83c; rife. 82c; fortyfold.
o4c.
Milling "quotations: Bluestem. 85c; club.
83c: rad Fife. 82c; fortyfold. 84c
Receipts, wheat 14 cars, hay T care, oata
2 cars, barley S cara.
SEATTLE. Jan. IX Milling quotationa:
Bluestem, 65c: fortyfold, 83c; club. 82c; Fife,
82r; red Russian. 60c.
K i port wheat: Blueatem. 82c; fortyfold.
80c: club. c: Fife, 7uo; red Russian. 77c
Receipts, wheat eight cara, oats 8 cars,
cora 2 cara, barley 1 car, hay 18 cara.
Ta
European Grain Markets.
LIVERPOOL. Jan. 12. Wheat March,
IVd: .May. 7l 2td. Weather, windy.
English country marketa firm. French
country marketa quieter
STOCKS ARE UNSETTLED
PENNSYLVANIA SOLD FREEIiT
AND MARKET WEAKENS.
Announcement of Proposed Capital
Increase Has Bad Effect
on the Market.
NEW YORK. Jan. 12. The stock market
waa more or less unsettled all day by rea
son of the heavy aelllng of Pennsylvania
sharee. following yesterday's aanouncement
that the directors had proposed to ths stock
holders an Increase of ln. 000.000 In the
company's capitalisation. The action of the
directors gave rise to Xears that slmliar
steps might soon be taken by other roads,
with a resultant congestion of the securities
market. ,
Pennsvlvanla sold to 125 a loes of 84
points from the previous day's high price
on a total of transactions much In excess
of any recent day.
Industrial shares were fairly steady under
the lead of United Statea Steel, which waa
affected favorably by reporta that opera
tions are soon to be resumed at one of the
corporatlon'a largest plants, aa well as the
decision of the leading manufacturers to
maintain existing prices.
Taking the market as a whole, the clos
ing prices were near the best of the day.
A further receasion In futures on copper
was shown In the London market and there
were reporta df slight price shadings here,
but they lacked official confirmation. It
waa rumored that large exports of the
metal were under negotiations, but the day's
developments In the local copper market
gave no Indication of this.
Tha St. Paul report for November showed
a decrease of over $760,000 In net earnings.
The Putcel Sound division of the system
showed a net Increase for the same period
of $124. 000. Net returns of three score
representatives lines for November show a
derreaae .In net of 5.52 per cent.
Bonds w-ere Irregular. Total sales, par
value $2,240,000. United States bonds were
unchanged on call.
CLOSING STOCK QUOTATIONS.
Cloeing
sales, men. low.
loo -'S 28
T.8U0 63 C2K
600
20O
4U0
00-J
100
200
l.nno
uoo
1.200
200
Allls Chal pf
Amal Copper
Am Agrlcutt .. ..
Am Beet Sugar.
American Can.. ..
Am Car Kdy.
Am Cotton Oil.
Am lid & Lt pf
Am Ice Set-uri. .
Am Llnaeeo ... . r. . . .
Am I.ocomotlve. 2"0
Am Smel Ref ,(M0
do preferred.. 400
Am Hteel Kdy.. 100
Am Sugar R-f
Am Tel & Tel.. 2,r.OO
Am Tobacco pf I'OO
Am Woolen . . . 100
Anaconda M Co
Atchison 1.600
do preferred. . 300
Atl Coast Line
Bait A Ohio .. 1.700
Bethlehem Steel l'H
Brook R Tran.
Canadian Pae .
Central Leather.
do preferred..
Central of N J.
Chcs a: Ohio ..
Chicago Alton
Chi Gt West
do preferred. .
Chicago N W 700
C. M St P . . 8.400
C. C. C St L
Col Fuel Iron 100
Col A Southern
Consul Gas 7.SO0
Corn Products..
Del A- Hudson..
D A R Grande.
do preferred..
Distillers' Secur
Erie
do 1st pf ....
do 2d pf ....
Gen Electric ...
Gt North pf ...
Ot North Ore ..
Illinois Central.
Intrbor Met .
do preferred. .
Inter Harvester.
Inter Marine pf.
Int Paper .....
Int Pump
Iowa Central . ..
K C Southern..
do preferred.
Laclede Gaa ...
Louis & Nash..
Minn & St I. . .
M. S P & S S M
Mo. Kan A Tex.
do preferred. .
Mo Pacific
Nat Biscuit ....
Nat Lead ......
Mex N Ry 2 pf
N T Central i.
N T. Ont 4 Wee
Norfolk West
North Am .....
North Pacific ..
Pacific Mall ...
Pennsylvania ...
People's Gas . ..
P. C C St L..
Pittsburg Coal.
Pressed S Car . .
Ry Steel Spring
Reading
Republic Steel..
do preferred. .
Rock Island Co.
St L & S F 2 Pf
St L Southwest
do preferred..
Sloes Sheffield .
Southern Pao
Southern Ry -.
do preferred.
Tenn Copper ..
Texas & Pac . .
Tol, St L Waa
do preferred. .
Union Pae ....
do preferred. .
tT S Realty ....
TJ B Rubber ...
U S Steel
do preferred. .
Va-Caro Chem..
Wabash
do preferred..
Western Md ...
Westing Elee ..
Western Union..
Wheel ft L E. .
Lehigh Valley..
Total
40 88
5144
C7
300 18
741
10414
44
142 "4
81
102
102
io"
JO
7H
204 Vj
29.
1011,
l.OOO
2.200
3.4O0
OuO
1.300 81
61 "4
otf",
"is"
"so" "
74
14
44
;
102 Mi
iosft'
L'll
7
2o:;T4
2'
100 w
"si"
143
1244
142
123S
3114 Slli
14114
14
200 2814
2714
46
1.1H4
124
1014
54 U
14014
2814
43
140
123
10'4
03 H
inn 4014 4014
400 1S4 I"1
400 32 3 '4
V,n6 iiiii iio4
4iMt 144 S 14414
300 26 V4 2614
i
2.100 3414 82-4
""soo "is"" "ii""
'"ibo "55" "m"
'8.000 11614 ionii
1.3O0 4114 41
wo 10114 100
100 63 li.l
8,000 117 116
Vo.boo iis 14 iisi
000 107 a, 107
,""io6 'HM 'iiii
'"ioo "riiii "sii
126..M10 13614 ir.4
COO 3114 3114
"V.606 '30" '26
"366 '3614" 'is it
S.noo
700
2H0
100
100
4110
300
40.600
2. 60O
64.000
6O0
000
100
1(10
IOO
200
2O0
2.700
113
27
62
32
26
2:tt
304
173-4
as
46
63
16
334
30 14
63-4
74 Vt
114
2014
1 14
82
26
2314
50
172
36 H
73
45
62
10
3.1
60
63
73
175
Mid.
2H
62
40
40
0
61
36
211
18
10
30
74
ll4
41
113
141
03
31
as
102
10214
.117
105
20
7.-
104
20
VK
M0
Rl
33
22
45
142a4
124
03
:u
37
140
13-4
165
2S
WU
32 4
27
43
15"!
123
. r.7
132
10
r.3
i;o
15
32
40
- istt
ii-
. 63
110
H4
26
133
34
84
47
118
64
37
100
41
101
65
116
27 .
126
107
DR
17
80
31
156
31
93
30
58
38
24
60
49
115
26
r,l
32
23
2
49
173
i2
6S
36
74
43
62
15
33
50
63
73
4
175
176
lea for the day. 436.400 shares.
BONDS.
NEW VORK. Jan. 12. Closing quotations:
V. 8. ref 2s reg.lO0;N-. Y. C. en 3s. 80
do coupon ...lO0 No. Pacific 3s. ?0B
U a 3s reg. 102 No. Pacific 4s... 100
do' coupon ...Hi '.Union Pacific 48.100
TJ. &. new 4s reg.115 Wis. Central 4a. 3
do coupon .. .113 Japanese 4a .... 81
I. & R- O. 4s. 98B
Money, Kxctiange. Etc.
NEW YORK. Jan. 12. Money on call.
"i-d-e-a-1"
That's what all
disinterested
pavement
experts
say about
"bitulithic"
easier. 23 per cent; ruling rate.
per cent; closing bid. 2 per cent; offered
at 2 per cent. Time loans more active;
CO and 90 days, 3 3 per cent; six
months. 3 63 per cent.
Prime mercantile paper, 404 per cent.
Sterling exchange steady, with actual bus
iness In bankers' bills at 4.S23O04.824O '
60-dav bills and $4.8570 for demand.
Commercial bills. $4.81 04.82.
Bar silver. 54 c.
Mexican dollars. 45c
Bonds Government, steady; railroad. Ir
regular. LONDON. Jan. 12. Bar sliver Steady,
25 3-lGd per ounce.
Money 34? 3 per cent.
The rate of discount In the open market
for short tills Is 3 per cent; for three
months' bills. 8 63 13-16 per cent.
SVN FRANCISCO. Jan. 12-8terl!ng on
London. 60 days. $4,82; sterling on Lon
don, sight, $4.85.
Drafts Sight. 6c: telegrapTilc. Be
CHICAGO, Jan. 12. Exchange on New
York par.
Sfneke at Roaton.
BOSION. Jan. 12. Cloaing quotations
.. . in.)......
.11 HA VAhawk
Amalg. Copper"! 62 Nevada Con.
A. Z. L c am., a vt
Arizona Com. . . 13
Atlantic 4
BCCSM. 11
Butte Coalition. 17
CaL & Arizona. 45
43
18
10
27
Nlplsslng Mines.
North Butte....
Vnrth Lake. . 1
Old Dominion... 3S B
Osceola 105
Parrott S. C) 11
i I tr HAcln.. . .300 lOulncy
Centennial ... 12Ashannon
Cop. Ran. C. Co. 67 . (Superior
K. Bute Cp. M. 11 Rup Bos Mln.
anKiin o --a
Giroux Con 6
Granny Con. ... 80
Greene Cananea. 6
I. Royale (Cop.) 14
Kerr Lake 6
. .9 1
l.aae . . . . . t:----- -
La Salle copper 4IWolverlne .
Miami Copper. 19f
69
11
36
ill
Sup & Pitts Cop. 13
'Tamarack 43
U. 8. S. R. M. 35
do vjref erred .. 46
Utah Con 12
Utah Copper Co. 43
Winona 8
116
Bonds
Investments
TimberLands
McGEAIH NEUHADSEN CO.
701-2-3-4-5 Lewis BIdg.
Portland Oregon
TRAVELER'S GUIDE.
LONDON PARIS HAMBCRG
tBATAVIA Jan. 21. 9 A. M.
fl'KKS. GRANT Jan. 28. 9 A. M.
PENNSYLVANIA Feb. 8, 1 P. M.
TKA1SEKIN AUG. VIC Feb. 11. 10 A. M.
TUncxcelled Ritz-Carlton a la Carte Restau
rant. Gymnasium, Elec. Baths. Elevator,
Palm Garden. 'Second Cabin only. JHam
burg direct. Hamburg via Cherbourg.
GIBRALTAR. ALGIERS. NAPLES. GENOA.
By new 17.000-ton steamers, equipped with
all modern safety appliances. Electric
Baths, Gymnasium. Elevator, etc
8. S. CLEVELAND Jan. 28, 11 A. M.
H. 8. CINCINNATI Feb. 14, March 28
18. 8. BATAVU March 8
tNaplea and Genoa, only.
B.
lacladlni
aeceasary expenses.
JTill fake wow
AROUND '
. SB. . . M a sftV-t. BT" nT.
In fisxsrr nnd Comfort.
Vlsltlag Madeira. Spain. Italy, Kgypt. India,
Ceylon. Straits Settlements. Jsva. Philip
pines. China. Japan. Snadwlcb Islsnds. aae
Overlaad American Tour.
110 DAYS' Dl'RATIOX
By the Twin-Screw Steamship CLBTK
I.AXD (17. 0O0 too). First crslu
len-rlnsr New York November 1.
1911. Second cruise lesvtng San
Francisco Febrasry 17. 1913.
Other ernl.es to ta. Orient. West ladles.
South America. Us ths Nile, etc.
Bend for Hluatmtc4 Booklet:
HAMBURG-AMERICAN LINE.
160 Powell St., San Francisco. CaX,
or local R. R. Agenta
COOS BAY LINE
CTEAMEB B KEAKW ATK B sails from
Alaska dock. Portland. 8 'p. M. Dec 18, 20.
87. Jan. 8. 10, 17. 24. 8L Feb. 7, 14. 2L 28 and
every Tuesday night thereafter during ths
WIntsr. Freight received at Alaska Dock
until P. M. dally. Passenger fare Brst
claaa. $10: second-class. $7. Including meals
and berth. .Tickets on sale at Aiaswsrta
Dock. Phones Main 868. A 1234 1
San Francisco, Los Anjehs aaJ
San Diego Direct
north Pacific S. S. Co-'s 8. 8. Reaaek
aod 8. 8. Elder sail every Wednesday
altsnsatsly at P. at. Tasks - efllee 111
Third c near Aider.
UAliTLN J. Hit. LEY. Passeags Agtat,
W. B. aLUbsi-K. Freight Agent,
fboaea M. 11. A lili.
Condensed Report of
The United States
National Bank
OF FOHTLAXD, OREGON.
Submitted to the ComptroUer of. the Currency at the
Close of Business January 7, 1911
ASSETS.
Loans and Discounts.
United States Bonds at Par
Municipal and Railway Bonds..
Bank Building '.
Cash and Exchange
6,4G1,9S3.3S
1,054,100.00
1.021.059.95
125.000.00
4,490.327.85
Total $13,152,451.13
LIABILITIES.
Capital
Surplus
Undivided Profits
Circulation
Deposits. .
Total
Attest Correct:
.$ 1.000.000.00
500,000.00
364.16R.99
800.000.00
. 10,488.282. 14
.$13,152,451.11
J. C. AINSWORTH, President.
Condensed Report of the Condition of the
Banking Departmeni of
HARTMAN 8 THOMPSON
BANKERS
At the Close of Business January 7, 1911
RESOURCES
Loans and Discounts .$172,856.41
Stocks and Bonds 116,282.00
Real Estate 28,575.25
Furniture and Fixtures 16,984.64
Cash on Hand and Due from Banks 114,658.21
$449,356.51
LIABILITIES.
Capital $100,000.00
Surplus and Undivided Profits 27,913.84
Deposits 321,442.67
$449,356.51
erchants National Bank
Portland, Oregon
United Statea Depository.
Capital iind Surplns $350,000.00
Accounts of Banks, Corporations,
Firms and Individuals Invited.
We have every facility for the handling of Com
mercial Accounts and extend to Depositors
every accommodation consistent with
Sound and Progressive Banking.
Portland Trust Co.
of Oregon
Capital. - $300,000
Surplus and Profits. 7S.OOO
4 per cent Interest paid on savings deposits,
computed semi-annually.
Accounts of individuals, firms and corpora
tions invited.
H. L. Pittock, President.
F. W. Leadbetter, Vice-President.
Emery Olmstead, Vice-President and Manager.
fc . A. S. Nichols, Vice-President.
B. Lee Paget, Seoretary.
First National Bank
Capital $1,500,003
Surplus 750,000
Oldest National Bank West of tha
Rocky Mountains
Bank Notice
Security Savings and Trust Compaa
Corbett Building, Fifth and Morrison Streets
Capital and Surplus $953,003
Invites Accounts ot
Merchants, Individuals and Savin3
TBAVEI.KBT GCIDB.
Steamer "Anvil" .
Owing; to the present Inclement
-weather the special trip of the "An
vil," advertised as leavlns; the Oak
street dock on Thursday, the 12th, will
be postponed until the beginning 0f
.next week.
TRAVELERS' GUIDE.
SAX FRANCISCO PORTLAND 88. CO.
New service to Los Angeles via San Fran
cisco every ttve days.
From Ainsworth Dork, Portland. 4 P. M.
S.S. Bear Jan. 17. Rose City 22. Reaver 27.
From San Francisco. Northbound, 12 M.
S.S. Rose CHy Jan. 16. Heaver XI. Bear 2.
From Ban Pedro. Northbound.
S.S. Beaver Jan. 19. Bear 24, Rose City 29.
II. i. Kniilii. C. T. A.. 142 Third St.
J. W- Raufiom. Agent, Ainsworth Bock.
f'nonest Main uz. aa - j
9
t