TTTK MOTtyTXO ORrOOXIAX. TTTTTRSDAT. JAXTTAUT 4. 1912. -
.. i t
UNABLE 10 DELIVER
Bad Year for Hop Short Sellers
in Belgium.
DOZEN FORCED TO WALL
One Speculator Tail for 1X200,000
Marks More Hops. Are Sold In
That Country Than Existed.
German Market Strong.
riayia; th hop market tor a daelin b
resulted disastrously to a doxen or nor
peultlv dealara of Belgium, according to
a letter reid jrstry. TwoIto or tsar
hap merchant, factor and eoxnmtseloa mn
of that country hav failed, one of them for
1. 300.000 mark They vera ahort thousand
of baiea which they rer noablo to de
liver. Mor hope were Bold ahort la BIs"r
thla season than existed.
Bama of th American dealer hare been
pinched lev ere 7 br the shortage and nlh
price ; bat they did not per the cam
ertth the reelileaaneaa of the European
dealer.
AU the oontlnontal market cotttlnu to
r! and attll higher price axe ta lew. be
eaaea of the great ocareltr of atocka, Oer
maa adTlco reoatred yetrdy car fit aa
the loweat quotation on poor quality, while
election from tha few good Iota remalntnr
were held aa high aa IIS. There price ar
eqoal to 65 to 7? cents a pound rirat coot
to the grower. The total arallabl aupplr
of hop In all hand In Germany la cot over
euoo to SOOO package.
Writing to a Portland firm, oao of the
largeet German dealer ear:
Thrr t no chance for prlcea t drop
from now on to tha new crop. 6tocka tn
dealarr hasda ar entirely Jlipotfd of and
bot llttl la left la grower" hand.
1t la now coming ta light that many
German brewer ar Insufficiently stocked
and by Spring e ma look for aa acute
famln of aopplle.
"Should bad report reach us of poor Win
tering of roots, we bealtat to vwntnra a
prediction aa to how high 1911 hope will go
In th lata Fpiing and Summer.
German government relurna recently pub
lished ahow a production for 1011 of S12.&0
rata,, aa Tlut 40.:39 cwta. In 110; 121.
Is cwta la 1B01. 82,7"rJ cwta. In 10,
txj.K-a cwta. In 1SOT. 4I0.TS6 cwta. In lo
and 5M3S cwta In 1P06. Th area under
cultivation during thee year wee 2n.d.S
hektar In 11 1. iT.n In IKin. I.4 tn !09.
.iki in IKOs. ss im In 19JT. 55 Ml In lo
and w9.ll In 190&. The acreage under cul
tivation In 191. therefore, was almust one
.slilrd leea than tn 1003.
London cahtea received yesterday reported
t.'.at market firm at unchanged prices.
ItUlnTM CHANGE HANDS AT tC
Only Traasaetloo Repartee la tha Wheat
Market Oate Flrtner.
The only trans Actions reported la tha
wheat market yesterday wer In blueetem.
rmi large blocks changing hands at 63
rvnit. The demand for export grades was
mall, but the market was ateady.
T:ie oats market waa firm with a fair
demand and sellers Ideas advancing. Bar
lev was firm.
.Aral receipts. In care, wer reported by
the Merchants Exchange aa followe:
Wheat IJarlcv Flour Oats Hay
Mnndav and
Tuesday .... ft J 1 It
"Wednesday . . . M 1 4
Tear ago SJ 1 " 1
Reason to date eiM 174 i43 r
Tear ago Tlr4 S'iT 114 571
. IS
in
1
147
14J
Foreign crop oondttlor ar trummarised
be tit Liverpool Cora Trad Nesi a fol-lowe,-
f'nlted Kingdom There hav been eontra
nal heavy raiaa during th past week and
the crop reed drier weather.
France Th continued heavy rain are be
ginning to causa some anxiety regarding th
crop.
G'rmliir The crop utlook ut fevwrabt.
nseru of native wbeat continue on a large
!. The weather la wet.
Kuatu I tie eaet ther are aom com
plain' that th crops aro without -snow
cver and eom fear of damage br froet
ar expressed. Cuewhere th emp are
protected be a s"od snow cover. Arrival a t
th porta are lie-tit.
Roumanta, Hungary and Pargarla Th
crop outlook ta favorable, Ther ro good
sum-lie of natlr wheel. Th weather 1
wild
Italy and Spain Th crop outlook Is gen
eraliv favoraul. althooft dfier and coiuer
weather would b beoeflctal.
Auatralia Crop prospect ar being main
tained. HTOR.4.UB Arrixa are icrt.D ttkmkh.
Market Getting steady for aa AU-Areamd
A improved ton ha developed la tb
pp; market erne th opening of th year.
YVith etorag charges paid, holders ar mor
disposed t ak higher pric.
Th orng mftraet waa firm. 91 being
naked for fancy Mock. Not many axanges
a re orferlng In California.
Ther will b no freah bananas on th
market for a week. The Northwestern train
poewed through El Paso yesterday.
Tha etreet wae bare of celery and none
will b avallabl until Honda. Cauliflower
and bead lettuc wer als scare. Two
car f sweet potatoes ar la transit. TLe
nloa market waa firm and thr wa a
firmer ton to th potato market.
cmruN's at tor price or wintek
news bell at Id mm 17 Ceala aad Mor Ar
anted.
Chickens sold at th highest price of the
Winter yesterday. Hen and Springs wer
scare and r-adlly brought Id centa. and for
fancy lota buyer wer willing to pal mor.
luck and gees wer ateady. Turkeys were
l:eatlful nd dragged. Xreased meata wr
l.ntk
Th egg market was verv firm, but higher
p-lce wer net quotcfl.
There were r new developments In th
butter or chre mrketa
F.lgla rotator Go t Kaiisaa.
Ten car.oade of potaties grown around
r.lj-.a wlil p aiilrped to Kansas marketa
lat thla mon'h or er!y In February and
th e.r in hr-li the potatoes ar trana
portea will he i1'ratei, with banners and
atrvamera tellin of the origin 'of tha ship
ment and 1'ie ail' an:ak,-e of the Klgln coun
tr. 1-. ioop la brlilnd tk shipment and
Hi rare ar Intended to b a moving ad
vertisement of the country.
The potato market in tiie E'gtn territory
Is good this -ear and ttie prlcea ar bringing
In neat sura of money. It la a profitable
and extensive Industry in the north end of
(he c'un:v.
Bank Clemrlnga-
Urk clearings of the Northweetera cities
yesterday were a follow s-
'arin-a. Balances.
Portland ............ t-- $;i:3
see-.ti .'."vi4t l4.7iet
Ta-oma .............. e-:7 477 77 440
Spvkati 7..1.;:i l(.t
PORTLAND M AHA. ITS.
Grain. Fbxtr. Feed. F.ta.
TlHCAl Track prlcea: Bluest em. 2o:
e.ub, 7c. red Ituaalan, 7tc. VaUey. S0c;
forty-fild. 7tJSOe-
FLOl K Pateota ft SO per barrel,
etrigh'a ft'1!; exporta. t SO; Valley, .;
grna-u. tl .. who: wheat. 94 SV
I'ORS w hole. e-'7: cracked, tsh per tea.
HIUi'irHe-Bri-. .J per ton: mil
d -rga, 90. aaorta 9-4: il;d barly, 917
OSS.
r.TS No. 1 white, flO-sa per ton.
HA1 No. 1 Eastern Oregon UmoiAy, lt
' . I
01S-SO: No. 1 Taller. 1BJ1: alfalfa, tit
14: clover. 1112: grata. 111911.
saLt. rtto. ovf P "
Vegetable aad Frtdta.
TROriCAl, FRUITS Orxngea. navela.
tl'i. Japan. fl.0 per Rundl; Cali
fornia grapefruit. i-iof4; Florida grape
fruit. IS -... banana. SHi'itc per pound;
lernona 4t4.5o per box; pomegranate,
11 ' T-r b"X". persimmons. I..V per box.
FBE.-H rRV!T! Peara. ooc-l.M per
box: grape. Tic H 5'i per box: A'"
grapes tMtT7 per barrel; cranberrlea. iv
at 11 10 per barrel: casai.aa. II. J per crate.
POTATOES Buvlnc prlcea: Burbanka
-cul lS per hundred; sweet potato.
(JslOa Association price. 1 I 7r
VEOEIABLr Artichoke oc per d ox
en - beans. 1-DlTijt: vahhage. Hit" Per
pound: ce?!lflower. l.tHit per cratai coi
ery 4 per crate: curumbera.
1.78 per doien: eggplant. l-'Sc per pound
garlic lloc per pounu: lettuce. I .) per
crate: pepper. ItltK per pound: PuroP'";
lfl per pound: radishes, iio P" don.
ifro" PB i.: squash. l01x. r
pound; tomatoea 11.15 per box.
plry and Cevmtry Prwdaca.
BUTTER uregon creamet r buttw. solid
pack,.r.Sc; prlnta extra; bultertat, lc leas
than solid pack prlcea.
1'OL'LTRV-Hens. l917o: Springs. lc.
docker young. 17c: X-e. 1: Vxrk--live
lagJ-K-: dreasej. choice. ICxIWO.
E'b Freah Oregon ranch, oariilled.
97 He per dox-n: eaae-count. SJo per """.
CHEtiE-Freah Tillamook flaia, 17i.e;
Toung America. It He- .
PORK Fancy. tHcre per pound.
vtAI Fancy. 1111 14 per pwund.
rrovlaloa.
FAV 1 to li pounds. 13mnt: "
toleoTnda. lHHtTlise: 14 to , 1. pound..
19Ujlc: 1 to IS pounda US triage.
"inaVo. lie; Plcnk Uxc; cottag. roll
"tABIV-Kettl. rendd. ""f..1S,'"s
tub UHe: standard, tlercea. 11 "ic: tuba,
lie; shortening, tlercea. sc; tuba. c-
BACON Fancy. Trc: atandard. -Jo.
choice, 2lc; Engilah. lo17c
DRf BALT CI KED-Regular ahort clears,
dry salt 124c: amoked. 14c; ahort clear,
backs. II to 1 tb. dry Bait. l..c; fo1"
14ic: anort clear backs. 10 to ao Iba. dry
ealt. Wo: amoked 14c: Oregon export,
dry sail. lHic amoked. 18c.
Hop. Wool and Hide.
HOPS 1!11 cn.p. 4Q844c; lda nomi
nal. 1012 eon tracts. 5.V.
MOHAIR Clvolc. 8Jt37e per pound.
WIH,!, Eastern Oregon. 9Stlc per
pound, 'cording to shrinkage: Valley, 1
17c per pound. .
PELTS Dry. He: Iambs, salted. ie0c.
short-wool pell. 75c: butcher pelts Nov.
take-on. SOaOOc: Dec. take-off. !Kic4ll-
Hir.fcS salted hides. uloV,o per
pound salted calf. l17c: salted kin. 10l
lie: gre-n hldea mtttVic; dry calf. "rOc: dry
hKlea, lTtjlnc: salted slags. Vst"cl greaa
stage, SHudc
C A SC A K A Per pound. B"j t7C-
I.lnareel Oil and Turpentine
I-lNsEED OIL Pur rw. In barrels. Tc;
boiled. In barrels, tic; raw. In cases, ttc:
boiled. In eases, tdc
TURPENTINE case. TSc; wood barrels.
70sc -
FLAXSEED OIL MEAL Per ton, 144.
Staple Gneerle.
S-lLMOX Columbia Klver. 1-pound tails,
9i2i per doxen; 3-pound tail. 9-9: 1'
pound flata. 92-40; .Alaska pink. 1-pouad
tail. 91 Si.
COFFEE Roasted. In drums. 2O0
per pound. .
HONEY Choir. 9175 per ca; tralnd
honey, loc per pound.
SALT llranulated. 115 per ton: nair
ground. 10-s. 9" 00 per ton ; 60s. t per ton.
NITTS Wainuta. lo-,mo per pound:
Braall nuta. 14 19c: a.herta. 14lc; al
monds. 17vlc. ecana lc; eocoanuta. KOc
tl per doxen: chestnuts, 12e per pound;
hickory nut, tlffloc per pound.
BEANU Small white. 4c: lnrg whit.
4Sr; Lima. 7ic; piuk. 5c; Mexicans. Sfce;
bayou. &c.
RICE No 1 Japan. 6c; cheaper grade.
9tt4Ur: southern head. et7c; Im
ported Imperial, tc: Imported extra No.
1. loISc
ei GAH Dry granulated. 940; fruit and
berry. 9H40: beet, 9."U; extra C, 95-;
powdered, barre.a, 91; cubes, barrels,
94-
PRIED FRrTTS Apple. 14s per pound;
aprtcots llHr: peachea ll14c;
prune. Italian. lCvftloaie; lvr. lc; far,
whit and b.ck. Bblve; currants. 1oy
11c; raislna looto. MuscateL ,0 7c:
bleached Tbompeon. 11 "ae: unbleached Sul
tanas. Use; aeedeu. 7itSVc; dates. Per
sian. 9Va per lb.: Fard. 91 0 per box.
UAH ITIAN CISCO PRODCCB MA&strC
rrlce Oooted at th Bay City to Teawe
table. Fnlta. Etc.
SA. FRANi-ISCO. Jan. S. Th follow
ing produce price, were current her today:
Vesetao.e Cucumbers. 7ficir9l; garlic.
Stili'-a- green pea. St l-vi trn.g bean.
104 q it 'j.-; tomatoes, 9l.5'J v LTi; egg
plant. 1 a
It utter Kaney creamery, tec
Eugs Store. JJc; fancy raxtch. 94c.
t-uiurs l.a-'l l."n.
Ches Young America 14 0130.
Kruit Apptee. choice, 91; common, 65c;
Mexican lime. Ij.4o-: California rem
en cnotce. 91 7e; common. 91 1: navel
rangsa 11.1' Si -: plneapplea tlOt.
I'oiatoes Oregon Burbanka tl-Zjgll.Tt;
Ballna li-.irbauks. -ai aJtJl ": river Bur
banks. :1: eweeis. IJ-orfL7&.
ltiltufe Ursa, 1-0 a -ti-lJ. mlddllnga
91-eta.
Hay Wheat. 1173.': wheat aad aata,
111 0:0: a, I. fa. 9Utl3.M.
Receipt Flour. 41.14 ' quarter lacks;
wheat. 1.1TO cental: barley. centals;
oata, 23 cvntala. potatoes. .1t!?."i sacks: bran.
1 cs. sacks: uilUd.lna. Xi sacks; hay. bu
IWBX
Metal .Marketa.
NEW TOIIK. Jan. 3. atandard copper
ICiav. Spot. January and Ke-hruave, 1.751
lAll-'tc: Mnrcli uu.l Al'rll. tl 'iJ 14.1'J vf
ludon. easy. Spot, it'.-l 11a Sd r future.
101 7s f-1- Arrive. s reported St New Ur
to-". -. 7rK tuns, cuatom-houe returns ahow
export of l't-rt tons o for tin month.
Lake copper. 14.vtV14Sc: electrolytic. 14S
41 14 Sc. and caslinx. 1.1 1, tl 14c.
Tin Vak and uus-:tcd. bpot. 4l.8i V
eM.' Joc; January. 4L70 I 42 3..c ; February,
4oTi4:0'c; March. 40.00 J 41. "Re; April.
40.00 : 41 .Oc. London, weak. bpot, i!91;
futures. 414 1". .
Lead Eas; 4-40e4.5Oc. New Tork :
4 --7 v, 4i 4 x; ac. East t- Loula. London.
lli l.'a tU.
Speller Xyull: S"iSw.35c. New Tork:
lijti.;oc. East bu Loula London,
ii:6 ls
Antimony Pu!I. Cookaon's, T.75C
Iron Cleveland warrants, T01 7Hd In
London. Locally Iron wae steady. No. 1
f.ur.dry Northern. l4.7&u 15: No. 2. 914..10
tjlA: No. 1 Southern and No. 1 Southern
soil. 91 riei ft 14-7
Coffee aad Sugar.
NEW TORK. Jan. 9 Coffe future
cloeed ateady. Jatiuary. ll-tHc; February.
13. AO.-: March. 11-H,:: April. 13-lfc; May
and June, ln.oftc; July. la.03c; August aad
Septeniber, 1.1.t'4c; Uctobcr, Noveuiber and
December. lXvuc.
Spot e ffee viulet Til". No. 7. 144 i
llc Santos. N-. 4. loc; mild coffee,
qir. t: LVtdova. IB s u 1 e. nominal.
Itew sugar Barely sleuily. iluscovado.
.S test. 4.ooc: centrlfuxal. .M teat. 4 Aoc;
luoiaiea sutfar. ,S:t t-i. 1 7oc; refined,
s'.cad: .
Naval More.
FAVA NNA1I. :.. Jan. 9. Turpentln
firm. iOSc. Sal-s " ( 5 barrels, recelpta ICO
barrels, shipments 7 barre!s. atocka 95.
barrels.
Kosln firm. S.vlrs 21' pounds: receipts
44)e iounds; shipments 4inij pounds: stocks
lv.6Ii punO- gu.'c 1'. 7; I. 97.05; E.
97 lt; F. 47.1; i. r.1-' tt 7.rK; If. I. 97.1;
K 97.Ji' -i M. N. ;.4d; WvJ. 97-70; WW,
9:73.
tried Fruit at New Tork.
NEV YORK. Jan. J Evaporated apples
ateady. Fancy. lt'ic; choice,
t1: prime, tafjv'sc.
Prunea firm owing to th strong atatla
tlcal position on the Coaar. Quotatlona
ranxe from 9 to U4c for California fruit
tip to 34-4s snd from It to l:c for Ora
gona 0o to So.
1'eache remain quiet. Choice. 11H9
11 1. c: extra choice. lliji:c; fancy, li
live. "
New Trk Cottoa Market.
NEW YORK. Jan. 1. Motion futures
opened 9 to 9 points htftber nd closed
ateady. with active months unchasred to
1 points lower. January. c; February.
.ee; March. 9.14c ArrlL .Ic; May,
JI7c: Juna 7c; July. 9 o; August, 41o:
Sptemher. 47e; October. .lc: November,
t ic; December, t.e'r. Spot cloeed quleL
M:d-oplanda. I lie; da. ou.f. 9.40s. No
ale
Advance) la Coal OIL
MEW YOHii. Jn. 3 Tb standard Oil
Company has announced an adcanc of 15
po.r.is In a.1 gra.loa of reltned oila.
R..flne m caaes. 10; standard whit.
97 J. bu!k. .
An danc of t-o per gallon for all
grade of naphtha aas alio announced.
SELL FOR PROFITS
Stocks Thrown Back on Mar
ket and Prices Drop.
HARRIMANS ARE WEAKEST
Bo. in- by the OuUltle Public Cenatn.
Money Rates Contlntte Easy.
Broad and ActiTe Demand
tor Bonds. -
NEW TORK, Jan. 9. For a Um afiar th
opening today th atock market sort th
same cheerful aspect which It assumed dur
ing yesterday sharp upturn. Tb open
ing rang of prices showed small gains for
almost all of th standard stocks, except th
Uanimaxia Lehigh Valley shot tip 914
points In th ftrat ten mlnutea Th demand
we brisk, but before the end of the first
hour the mrkt had loot Ita galna During
the remainder of the day it tell back, and
la th lat session It became really weak.
Th day's movement In general wa as
cribed to prorlt-tnKliig. Th Increase In
public buying, which wa noted yeeterdy.
failed to develop to slxable proportions, and
stocka bought on the rls yesterday wer
thrown back on th market today. Aa prlcea
fell, there waa some short eelllng.
The Ilartimsn stock wer weku Union
Pacific, in particular, waa under pressure,
and lost nearly 2 points.
Among the lee active stocka movements
were wldet. Virginia Iron lost 7x point,
rireat Northern Ore. American Can pre
ferred nd luter-Metropolllan preferred de
veloped considerable weakness.
1'ltteburg. C. C. at St. L. wss again active.
The preferred rose rW points, extending
Its advance in two day to 13 polnta. Th
common gained about half aa much.
Money rate wer easier today, call funds
loaning aa low aa 2 per cent.
The day was barren of tiavde news, ex
cept that bearing upon steel and Iron.
Orders for steel were said to be holding up
well. The production of pig Iron In De
cember waa catiinaied at over 30.000 tons
In excess of the preceding month. The
total for last year wa between n3,000,kM
ml 24.000.000. as compared with nearly
117. OOO.ooo is 1910.
The bond market waa broad, active and
Irregular. 8ome of the reorganisation Is
sues wer strung. Total sales, psr value,
94.023.nOil. I ntu J States bonds were un
ch.wged on call.
CLOSINO STOCK QUOTATIONS.
Closing
Bale. High. Low. Hid.
AIMS C'hal pf 71,
Amal Copper .. :0.7IH 7V, . M
Am Agrlcult ... lt Co' tint 63i
Am Beet Sugar. S.lot o-l o7 M o7 4
American Can .. ti.not) K'l, n - 12
Am Car A Fdy. l.tuxi Co1 5414 54
Am Cotton Oil.. .'."O 471 4 4'i
Am Hd Lt pf !"' Ill 21 -JO
Am Ire becurl.. 4' lsi IS'; IS
Am Linseed .... 4" l'J 11 r. Hi,
Am Locomotive.' H'i 3flH 31 3.1
Am b'mcl & Kef 5.1't") 74' 7'' 7-'i
do p;ef erred,. 2i"l Ioll- 102 " lo4
Am Ptcel Fdv ., tluo 3o 34'a 35'
Am Sugar Htf lis
Am Tul at Tel.. 1.3IK) 1.17, 1374
Am Tobacco pf. l.l"- lo t, lt2 lvt
Am 'oolen .... 1 -7 1'7 -1U
Anaconda M Co. 3.m 0 3S 3 3"
Atchison 2.Jf ion:, 1oa. ioat
do referred.. 3oi 1HI lol's lol a,
Atl Coast Line.. 2im 1H41X 1.14'v 1.14
Hilt A Ohio ... l..-."t I04 lo.l'i 1WI
Bethlehem Steel H" 32 72 -tl
Brook R Tran.. S.'-'l'" 77 4 77 77
Canxiilan Pac .. l.00 VM 23Tt 214v,
Central Leather 2-.H 21 ' 2" ' 211
do preferred.. buO 1 is SO ''
Central of N J 310
Che A Ohio ... 80 T4V 734 7.14
Chicago A Alton 24
Chi Ut W-st ... 5"rt JN 1 !
do preferred.. S'H 37 1 4 34
Chicago A N W. 1(N 142S 142S 142
C. M A St Paul. 4.300s Ill's 1101 110
C. C. C A St 1. f'H
Col Fuel A Iron. 27
Col A Southern.. 44
Coneol Ca l.fton 141 IRS". 1SI
Corn Product .. Ifti, 101. 10'
Iel A Hudson.. 1110 IfiSV. lS-J'vi lis
D R Ornn.le 20'4
do preferred.. 2O0 41 '4 41 4i
Dltlllera Seeurl 2'o SI4 914 31
Erie !.. .3"0 .i:', 31s "14
do let pf 7o r.-tt, 92 ' "2
do 2d pf .... 1" 43 4.1 42 "
O-n Electric ... C"0 1S.H4 13.14 1 r.
lit North pf .-. . "0 12S 12 12
Ot North Or.. 2.700 44 424 4.14
lUlpols Central. Io0 14H4, 1404 14n
Interbor Met ... .10') 17V, 11 1S
do prefeire.1.. 10.300 ..4 4 R.1 BX'
Inter Herveeier. 40O lne loo lnny,
Inter Marin pf. l.SOO 21 2IH 21 'v
Int Paper 9 -
Int Pump 200 3.T4 3 4 9.1
Iowa Central -, J.J
K : Southern.. 400 2$ 274 274
do preferred. .
Laol-do tle ... l.ewn lo'S ln,"4 l"11
louts A Nash.. 4'0 l.-.Ss 1H
M"t? P S M " 'lOO i.i.i ' iM - 134 14
Mo K.n A Tex. 200 30 294
do preferred.. -
Mo F.cirtc l.t 40 S 3' 4
National Rleult 4 00 1414 1401, 141
National Uad .. 2.6-0 rtt, 64 B3H
N Rv Mex 2 pf. 1.500 S- 95
V T Central ... 1 1' - l'J; '"IJ
V T Onl A Wee 7"0 3 374 J-.S
Norfolk A West S t.") 1" i;oJ
North Am S' 7S 744 744
Northern Pao .. S-1"0 J;?"4
Pacific Mall ... 4(Vrt 80V, o 30
P.-ntiylvanla ... l.S' I-;iv l"1
People' On
103 1
1 C C A St X... t.vuv aoexv ' jZi?
Wk"cXlr."i ; a
Pull Pal Car ... 4' J:;'4 IMS !
Ilv Steel Spring. J .; 22 30J4
Reading ." 1MH 1..1H lMJa
IlermblTc Steel .. 2iv. 2tS 2.1 'x 2.. Vs
do preferred.. 3. S'S " JJ
Rov-k Island to. l.J.'O 2"S 2JS
nSin'Ttii 2? l"i
Bt I. Souihweat j"2
do preferred.
Bouthern Rv ... 9,000 3t 2 iH
do preferred - - - ;:,' 1.
Teiin Copper ... JOO 37". 374 g.
T.xaa A Pacific 4i jl -r.? R0U1
Tol. St LA We. 2'jO 1S S J
do preferred.. 20 344 t?4 .JjHi
Union Pacific .. 4S.7tK 1.4'. IIJH
do preferred.
61 4
4H4
i- s Stol .". '..112.T'K) 4 . 8v
dl.referrii;:1"-! lllg 1"
vtah Coprr ... .7 ?.S ' .v4
V.-rxroCh.m 200 Mo. oe
2O0
,VW)
94
VV.huh
do preferred.
Weetern Md
Westing :iec .
Western Vnlon
300
SCO
17 l1-4 1B
oo4 iviij o vi
7t
100 784
754
7
4
Wh-el ALE.
l ehlih Vall'7'.. V..-V0 144 !S J
Chlno Cppper .. 3-j"0 . 2', -H
Tine Corlsol --. 1..,(M 1 o'
Tot.Tlfs for th. day. 420.S.K) sharws.
BONPf.
i w new ve . - . .,
do coupon ...11 3 'v. Japanese 4s ..... !il4
1 A n U 4..-- l-4;
atorke
BOSTON. Jan. 3--Ailouex
J
Amalg Corrr.. M
A 7. I. A Sm... 2;;
Arlxona Com . . -B
A C C A 9 M. .
llutte Coalition.
Cal A Arlxona. . )
cal A llccla 44
i-.m.iinisl II
at Boetoa.
(.'toeing quotation
Mohawk ... .
4' Nevada Con . .. .
' Nlpls-ing Vines..
4 North Butte .
North Lake
'old Dominion...
Osceola
'parrott (B AO
'oulticv .-.,' 4
111 '4
M4
47 m
10T
HV4
7r,
10
2f
34
r.t
.1
irS
Cop Kan Con Co 2-"
K. Uutte Cop M. 1;1
shannon
Superior
:Sup A Bos Mln,.
H Tamarack
' 1- I i M . .
r 1 oo. -
fllroux Con ....
Oranly Con ... ..J
Oreeue Cananea. S
u-eev Lake. 2
41 d"o preferred...
v riv 1 i on
Lake Copper.. . . 3rt
a, I'tah Copper Co.
l.a eaue iv" -Miami
Copper.. . 25
-)s vv mona
i wolverine . . .
100
Moaey, "Sxchaage. Etc.
NEW TORK. 'Jan. 3 Money on call
steady. S'ifill1 per cent: ruling rste. 3'sl
elos ne bid, 2: offered St 2H-
C Time loina. easier: 60 day. fS: 0
davs. 3V4: six months. "iVJt-
Prime mercanUle paper 4. T4:4 percent.
Sterling exchanxe firm, with actual bual
nes. In bankers- bills t 4 K-lift for a0-dr
bill. nd t 4 S4o for dcmnd.
Commercial Mile 4 2.
Par sliver, f-4 c
Mexican dotlare. 4-V.
Ooverument bond, ready; railroad bonds.
LONDON. Jan. S. Bar silver Steady;
2id per 011 nre.
Mouev 22'i per cent.
The rate of discount In the open msrket
for short bill Is 9 "4 per cent. Th rat of
N'KW TORK, -'n- 3. closing euotntlons:
ir 'k i-ef 2s reg..l"0 !N Y C Ken 3-. S7Vi
Udo roup.; -..10 No Pacific -is... 9Vi
t- Ss T res . .IOIV, No Pacific 4S...10O 1
1 do coup,""' - - "K'l -? ' nlon Pacific 4aloO-4
dlrconnt tn the open msrket ror xn.rvw
months bill la iik per cent.
AN FRANCISCO. Jan. 9- Sterling on
Lonuon. 60 day. 94.93 H: aterUng on Lon
don, alehu 94.064.
Drafts Sight 2c; telegraph. 9c.
Chajvgna la Avallabl Rnppllca.
NTEW YORK. Jan. 3. Special cable and
tlegraDhlc communlcatloria received oy
Bradstreet'e ehow the following changee in
available supplies as compared with previous
account: . ,
Bushels.
Wneat. United States, east of Rock-
lea. decreased .' 0
Canada, Increased 4.0v0
Total. Cnlted States and Canada,
decreased 450.000
Afloat for aad In Europe, do-
creaaed l.letru.ouu
Totel. American and European, de-
creased 2.S50.0O0
Corn. Cnlted B tales and Canada, In-
creased liS.OOO
Oata cnlted States and Canada, ds-
creased .. 1.169,000
Coaditloa of th Treaaury.
WASHINGTON. Jan. 9 At th beginning
of buslnee today the condition of the
Cnlted olate Treasury waa:
Working balance la Treaatrry
offices .. $ 70.944.044
In bank ndF phlllppln Traa... 34.043. 4i'.l
Balance In general und 12.234..l
Ordinary receipts ? .
Ordinary disbursement 2.311.31fi
Deficit to date this -er 22.7li2.2.'5
Deficit this time last year 8.8. 0.907
The fig-ares exclude Panama Canal and
public debt transactions.
HOGS ADVANCE A DIME
JtARKET GRADtTAIIT GETS VP
TO MimVIXTKR LEVIX.
Sales Are Made at $6.85 at the North
Portland Tards Cattle, and
Sheep Are Firm.
There wa a strong and active demand
for hogs, cattle and aheap at th stock
yards yesterday. The run wa rather IlghL
Hogs advanced a dime, cattle held their
own at full price and th few good sheep
offered commanded outside flgurea
Only about three loads of steers were on
sale nd the best of them brought i. Top
grade cows sold np to 95-ii and, 95.60 and
the best calves went at 9S-
For cholc hogs, buyers paid 96.89. an
advance of IS centa over Tuesday's price.
Ther wa not much doing In the sheep
pens. A bunch of good lambs sold at 9-2e
and a few better onea sold at 99. 83.
Receipts yesterday were 250 cattle. 9
calves. 411 hogs and 3f4 sheep.
Shippers wero: John Hill, Payette, 2 cars
catlle and calves; Kidwell A Caswell.
Lowden. Wyo.. 4 cars of cattle; L. H.
Pauley. Levriston. Idaho. 1 car of cattle; I
V. Walton. Kent. 1 car of hogs; Rich
Brothers. Wasco. 1 car of cattle and hogs;
H. W. Strong. Moro, 1 car of hogs: C. It.
Uelshee. Moro, 1 car of cattle, hogs and
sheep; J. x". Reynolda. Condon, 1 ear of cat
tle; J. S. Flint, Junction City. ! cars of
cattle and hogs, and C. Helm. Hllliboro. 2
cars of sheep.
The day's sales wer as follows:
Weight. Price.
2 cows 1315 94-75
1 cow ..................... 1030 4.00
10 cows ...................... E - J
11 steers 1213 -00
1 bull 1200 4 "o
90 hogs 173 6-SO
4 hogs 115 .0O
13 hogs 301) S.50
21 steers l!-t 6 00
6 calves l'-'o 8 .00
3 bulls 1323 4.00
IF. row lout i.uo
9 COWS 1119 4.50
4 steers 1-17 H.ni
4 steers 116: .2"
220 lambs 7-' 5.L'-.
25 steer I?? 6 Oil
25 steers 1160 6.00
1 steer MO S.50
1 steer 5 00
8 steers . . . 01.8 S.50
2 steers 9D0 4.00
56 cow Sf0 .--"
28 spayed heifers 990 5.50
1 heifer 1020 S.r.O
1 cow HMO r. oo
2 cows 835 4.50
2 cows ........1115 500
2 COWS .1050 5.50
9 cows 113 J .9.00
1 cow 1140 4.00
1 cow 1110 4 00
1 calf R"0 &.90
4 bull 105 4.00
10 lamb 107 5. S3
11 lamb 114 51
1 wethera 130 4.7ft
11 ewea 118 4.00
47 hoe 7. . 158 ..".
2 hogs 340 .1.50
2 hoK 198 '
94 hogs :oi ( Si
1 Iiok ' ?90 r'-r'"
73 hoes 274 6.7.1
14 hotrs 300 t.110
3 hoes 410 5.50
94 hull !Oi t.tt
Prices quoted at the Portland Vnton
Ptockyarda for the various claaaea of atock
w ere :
Cattle
Cholc teer 99-7.1 r, IS
rcood to choice steer. ......... . '.Sntt 5.70
( hole cows 4.7.1fe 5 50
lio.Ml to choice cows 4.4nf 4..:o
Cholc pyed heifers R.oOfc? 9. .10
flood to choice heifers 4.50' 4.00
Choice bulls 4.2S 4.50
flood to choice bulle A.nnit 4.2.1
Choice calves 7.00-fS S.0O
Good to choice calve 6.759 T.OO
Hogs
Choice to light hogs 4.8S1 C !i
flood to choice hog n.oo 6.15
rlmooth heavy bogs 5.50 9.73
Sheep
Choice yearling wethers 4.00'fe 4 7.1
Choice killing owe 3.25 ut 4.04
Cholc lambs 9.00 9.85
Good to cholc lambs.. 4. Mis 4.7-7
Culls 3.00 4o0
Chicago Uveetork Market.
CHICAGO. Jan. 3. Cattle Receipts es
timated at iJ.ooo. Market steady to 10a
lower. Beeves, 94.70418: Texas steers, 94.25
4y5.;&: Western steera 94.30S8.60: stockers
and feeders. 99.25416.70: cows and heifers.
9:06.40; calve. 95. 506.90.
Hog Receipts estimated at 34.000. Mar
ket steady to shade lower. Light, $.",. SO (q,
6.114: mixed. 95 9506.20; heavy. n.th;t
6.20: rough. 95.65476: good to choice heaw.
8jt6.20: pigs. 85-1006; bulk of sales. 95.95
4X6.15.
Sheep Receipt estimated at 29.000 Mar
ket, .steady to lOo lower. Native, 92.754
4.60: Western, 91-24 04-60: yearling. 94.45
43 5.70: lambs, native, 94.25 3 6.50; Western,
94.75 3 6.50.
Paget Sound Grain Market.
TACOMA. Jan. 8. Wheat Blueetem. 91c;
club. 7VvC: fortyfold, 7Ue; red Kuasian. 78c
Receipts Wheat, 76; barley, 1; corn, 1;
hay, 10.
SEATTLE. Jan. 3. Wheat Bluesfem,
pit-c: fortyfold. 7P4o: club. 7e; fife. 78c;
red Russian, 77c. Yesterday's car receipts -Wheat.
24: oats. S; barley. 2" corn. 8;
hay, 31.
Kuropean 4) rain Markr.
LONDON. Jan. 3. Cargoes Armor and
higher. Walla Walla for shipment at 8.1s
fM to 38a English country markets steady.
French country marketa holiday.
LIVERPOOL. Jan. March. 7s
R'4d: May. 7s 3T4d; July. 7s 44d. Weather
cloudy.
. Minneapolis Wheat Market.
MINNEAPOLIS. Jan. S. Wheat
Mar. 91.07: July. (LOT; cash. No. 1 hard.
91.0S: No. t Northern. $l.i7'4: No. 2 Norfh
ern. 91.06 6 1.06 ; No. 8 wheat. 91.03
I. 03 "4.
Resolved,
that bitulithic
pavement furn
ishes the best
foothold for traf
fic. Citizens
GAINS 111 EUROPE
Offset Shortage in Argentine
Wheat Crop.
CHICAGO LOSES STRENGTH
Slay Option Is Three-Eights Cent
lower at the Closer -Corn and
Oats' Decline and ProTlslons
Are Firm In Spite of Stocka.
CHICAGO, Jan. 3. Assertion that crop
gain In France. Italy and Spain hav
been sufficient to make the Argentina short-
g relatively nnlmportant seemed to take ail
the strength out of wheat today. Th. market-closed
easy at a net decline of "jo
Later trading left corn H 9 Kf to 4o down
oats unchanged to 4e off and hog products
varying from a shade lower to Be up
May wheat fluetuated from 04c91.00.
and at th finish was 9-ic. a net loss
"'May corn ranged from 63434 to
34c closing steady, -4f4o not lower, at
63 "4 8 93 "40- Cash grades wer depressed.
No. 2 yellow was not quoted.
Cpper and lower levels reached for May
oat. wer. 444o and 434c, with th do.
434 0. a decline of- Ho from laet night.
Despite the big stocks of packing prod
uct, and. notwithstanding the heavy run of
hogs, selling orders were exceedingly small
In the provisions pit. As a result the close
wae unchanged from yesterday.
Th lesdlng futures ranged aa follows:
WHEAT.
Open. High. Low. Close.
May 9L00 91.00-4 9 -9
July 'J5 -Wot .
. CORN.
Jan .0'i .00-4 - -5'i !'
May ;34 -J
July .113-4 -Ws
OATS.
May ...... .4S -IS'i .474 .474
July 44-4 -44'.. -i'SH
Sept.; 40'.i -40V4 -40 "'
MESS PORK.
May 15.87!x 13.93 '15.S7'.i 13-95
LARD.
May 8.SS 0.40 K.35
July ...... 9-47 14 9.52 Vi 9-47 14 9-5214
SHORT RIBS.
Jan 8 17 14 8,321 JgH
Mhv S.B0 S.OO 8....1-.1 S-W
jui v.::.::: s.3 sm,
cash quotations were as follov.
Flour Firm.
live No. J, 92 4T93C
Barley Feed or mixing. 0c$l" fair to
choice malting. 91.1S91.90.
Timothy seed $12(&15.
Clover 918.6010.5O. .,..
Pork Mess, per barrel, 915015. 50.
Lard Per 100 pounds. 89.15.!'
tlraln statistics:
Total ciearanoea of wheat and flour were
equal to 8S.0OO bushels. Primary receipts
were 304.000 bushels, compared with 312.
000 buchelB the corresponding day a year
ago. The world's visible supply, as shown
, n .. a a-o ...H it l-.noOO hushele.
oy Diausuecifc - ----'--- - -
Kstlmated receipt for tomorrow: Wheat, 29
ears; corn, ai, car, v,, " - v-, ----o
S3.00 head. "
cHi- . A-n VrsnelMa.
SAN FRANCISCO. Jan. S. Wheat
Steany.
Spot quotations: Wheat Shipping, 81-50
jj.irley Feed. 91-90: brewing, nominal.
Oats Red. SI. COS 1. DO; white. 91.703
1.72',; black. 91.65Ol.S0.
Call board sales: Wheat No trading.
Bnr!ey December, ll.a.li bid; May,
12.024. .
rfopa at New Tork.
NEW TORK. Jan. J. Hops Dull.
ANNOUNCEMENT
J. C. WILSON & CO.
Members
"4w York Stork Fxehange,
Acer York Cotton Kxehanse,
t'hlcaco Board of Trade,
The Stock and Bond Excaaasje, Saa
Frsacisce,
With Office at
Mills Bulldlnsr. San Francisco; Pal
ace Hotl, ban Francisco; Alexan
dria Hotel, Los Alleles; TJ. S. Grant
Hotel. San Diego; Hotel Del Cor
onado. Coronado Beach, desire to
announce thut on
JAN. 15, 1912, THEY
WILL OPEN OFFICES
In the
L n m brrmen'a Buildlnx, Portland)
Alaska RnlldinK, Seatllci Canada
Life Building;, Vancouver, for the
handling of ail orders for
STOCKS, BONDS,
GRAIN AND COTTON
At the RtFtralar New York and Chi
eakn Half- of ConnniMlon.
All these offices will be con
nected hy private wire with our
present complete private wire serv
ice from San Kranoinco and Loa
AnpeleM to New York and Chicago,
thus affording all our cllenta con
tinuous quotations from all East
ern markets and the advantage of
direct and instantaneous private
wire service lu the execution of
Ic. WILSON & CO.
MAIX OFFICE,
MILLS Bl.ll.DIX, Saa Francisco.
THE BAEBER ASPHALT
PAVING COMPANY
Constructs Asphalt and Other Bitu
minous Pavements.
SOS-SOS Electrle Bids;.. Portland, Or.
Oabjtr Huber. Manaeer.
STEAMERS
YALE and HARVARD
Portland to Los Angeles, tourist .23.85
Portland to Los Angeles, first class...
Portland to Los Anfieles. round trip,
tourist 45.70
Portland to Los Angeles, round trip.
first class BS.T0
Portland to San Diego, tourist "5. 00
Portland to San Diego, first class 30.00
Portland to San Diego, round trip,
first class S8.0S
Railroad to San Francisco, the exposition
city, connecting with the famous new tur
bine steel steamers. Tale and Harvard. larg
est and fastest strictly passenger ships on
the Coast; average speed 28 miles per hour.
Make reservations early.
ban Francisco, Portland SLA. SS. Co.,
1KAXK BOI4.AM. Agent.
A 4598. 12S Third St. Main 625.
NEW YORK-PORTLAND
REGULAR FREIGHT SERVICE.
Low Rates. Schedule Time.
AMERICA?.. HAWAIIAN S. S.CO.
:15 Railway Kxehanse Bide
Portland, Or.
Main 83T8. A 35S.
Steamer Anvil
Falls from Albers Dock No. 3, Thursday.
January 4, 7 P. M.. for Tillamook, Bay
City. Newport, Florence. Bandon and
Coquille River points. Ticket office 1:8
Third street. Phone Main H'JS, A 46nt.
Dock phone. A 1903, Main 151. Freight
and passengers.
FOREIGN EXCHANGE
Drafts, letters of credit and travelers'
cheeks, payable at all available points
throughout the .world, are sold by the
lumbermens
National Bank
Capital ..... . $1,000,000.00
4 Per Cent on Savings Corner Fifth and Stark
First National Bank
Capital $1,500,003 '
Surplus 850,003
Oldest National
Rocky
LADD & TILTON BANK
Established 1859.
Capital Stock. .' '. SM!
Surplus and Undivided Profits 800,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, availi
able in all parts of the world.
Corner Washington and Third Streets.
White Star Line
1VEW YORK PLYMOUTH CHERBOU R-SOrTHAMPTOS
FAST MAIL ROUTE TO ENGLAND and THE CONTINENT. .
m. v .r-e ,,! ITIneat steamer In the World
kkSj-s- "OLYMPIC" iSH.
.'HEItCH A 1.A CARTE RESTACHAKT, TTHKISH A1VT ELECTRIC BATHS,
t KESCH A I.A J pooL FOUR E,.Ev ATORS, GYM AS1UM,
VERANDAH CAFE, PALM COURT, KTC.
WILL RAIL FROM NEW YORK
Wednesday, January 24 and February 2 1
and Hegnlarly Thereafter.
urtitTr OTAD I IMF Room B. Bailey Bldgr., Id and Cherry, Seattl
WrlllC. jlAK 1 1" I-. or Local Railway and Steamship Agent.
Connctln-r at Prince Rupert. B. C, with "8. 8. Prince John.'" Wetlnedy t t P. M.,
for Stewart, B. C.; Thursday, January 4. 18 and February 1 for Queen Charlotte Isl
ands; Thursday, January 11 and 25 for Ma issue and Naden Harbor.
GRAND TRUNK RAILWAY SYSTEM
(.Double Tr ark Roote)
Four throufh train cbllv Xo eictw fa re between Chlcac-o and mil polnta Eaet.
Throug-h Pullman stand ard and tourist Blrpinjr tars .
J. H Buixis, General Agent Faiweng-er Department, beat tie, Waamiiston. First Arennt
and lea ler Way.
TKaaTCIaCKS GClDftV
PLAN YOUR
SPRING
- TRIP NOW -
In addition' to regular sailings for
Europe and the Mediterranean some
especially attractive tours will be
offered during 1912 by the
North German Lloyd
London-Paris-Bremen Sailings
George Washin-rton Tues., Jan. 23
Prinz Fredrieh Wilhelm Tues.,Feb. 6
Kronprinz Wilhelm .... Tues., Feb. 13
George Washington Sat. Feb. 24
Mediterranean Sailings.
Berlin, .Sat., Jan. 20
Prinzess Irene Sat., Feb. 10
Cruise to Black Sea and Caucasus,
from Genoa April 23 to May 29
$200 up.
Cruise to Tolar Regious from Brem
en, July 18 to August 15 $125 tip.
Independent around the world trips
starting any time, east or . west
$618.
Oellirhe Co.. S Broadway, New York.
ROBERT t APPEIXK. G. A. P. C
t50 Powell M.. Opp. M. r rands Hotel, 8. T.
or Local Aeeuts.
CAXADIAX PACIFIC STEAM SKIPS.
Express Service via
6T. JLAWBENCE KIVKR SCENIC ROUTE
lytta Than 4 Days at fcea by th
EMPRESS OF THE ATLANTIC.
Weeklv Salllnss to Eurooe.
First-class. I'-S.OO; Second-elass. 53.TB; one
class cabin (II) 150.
THIRD-CLASS BATES.
Hamburg, Antwerp, Bremen, etc., 30, IS1.00.
"f Mt"0.0.1: .Ir0nd.n'. G.'.".I.0.W. e31.2S, M.5
Norway, "Denmark. Sweden. .. -J34.75, $ift.25
Special rail ratee on requeat.
F. R. Johnson. G. A., 142 Third St.
All agent, gell Can. Pac tickets.
COOS BAY
AND ECREKA STEAMER,
ALLIANCE
SAILS THTRSDAV. JA.V. 4th, T. 91.
NORTH PACIFIC . S. CO.
133 Third 8.
Bank West of tha
Mountains
Effective October 29th, 11L
Steamship Prince Rupert
Leave Seattle, Washington,
Every Sunday at
13 O'CLOCK MIDNIGHT FOR
Victoria, Vancouver and Prince Rupert, 6. C.
TRAVEIJ-R.S' OTJIDH.
Ask about
"Olympic
Largest
Finest
Steamer
in tha
World.
American
Atlantic Transpar;
Red Star
White Star .
While Star-Dominioi
3l,r..8.ilfj-ri
T. II. LARKE,
Rooxa n. Bailey B11T.. Second and
Cherry. Seattle. Hub.
Apply Local Ry. and steamehip Acta,
Willamette liver Rpute
Boats for Oregon City and Bslera. Uaily,
6:46 A. M. (except Sunday).
For Corvallls, Albany and Independence,
6:45 A. M-, Tuesday, Thursday and Saturday.
OXfice and dock. Xoot Taylor st.
OREGON CITY TRANS. CO.
Phone Main 40.
NEW ZEALAND AND AUSTRALIA
(Cnlon Line of N. Z.)
VIA TAHITI AND WELLINGTON.
Direct through steamers, bailing from San
Francisco, Jan. 10. Feb. 7, and every "l
days to Tahiti. TVelllnEtoo and Sydney. N.
6. Wales. The Use to Isle of the South Sea.
For reservations see Coupon Railroad Agents
or address Hit d. Rolph & Co.. San Francisco.
San Francisco Los Angeles
and San Diego Direct
6. S. Boanoke and S. S. Elder
Sail Every Wednesday Alternately t 6 r. it.
N0KTH PACIFIC S. S. CO,
Ut Third Ht-. Pooneo Main 1314. A UH-
COOS BAY LINE
STEAMER BREAKWATUjf.
fails from Ainsworth Dock. Portland,
P iL. every Tuesday. Freight received at
Alnsxrorth Dock daily up to 6 P. M. Pa-.(-
fare, first-class, S10: second-class. 7,
lnciudins meals and berth. Ticket ' office
Ainsworth Dock. Phones Main 2US. ata-a
IT0 A 12.t4.
EXPRESS 8TEAuER9 FOB
-Bn Francisco and Los Angela
WITHOUT CHANGE.
S. S. Bearer Sail 4 P. M. January 6V
6AN FRANCISCO PORTLAND 8. S. CO,
Tick Offlc. 143 Third St.
rttoaa aLaia 4 aad A 14M