17
TITE MORNING OREGONIAN. SATURDAY. JANUARY 13, 1913.
G00D10L0UTL00K
Prospects for 1912 Better
Than Last Year.
SUPPLIES ARE SMALLER
Vnsold Stocks Production and Other
Statistics KcliUn; to tbe Indus
try In the Pacific North
western States.
Th. annnal rerl.- of th.
trade. In th. la.e.1 " "Tf
Cl Boll.tln. contain, a
eelu.hl. relatln. t. Pa'a "
th. past yar and stacks now oa aBa.
wool tn th. Cnl.rf State, at th. -th.
year was 118 lS.Tt poonda --"
e.m.stle .ho-. a . of SA4 4M
pmu.li orer th. supply Tr "T
Supply of foro. I. smaller T -2
ponc. !-a that r.port.d at th. J nrJf
iiTi. Th. total --apply
f 4t.0T.4S8 pound, from ' "",,.
t on th. frst of th. T'r "
Dtii4 m th Boll.tln a. folio-"
-,,- MV 4A.(WV
Pref-mi 10OKX ISO. 000
Th. .HO r state. 1. !' "
"VrtOl
Weight ai.4 Shrink- TTool
W.--.-.T. VtoO.OOO TO 1.110000
Th. wool clip for th. years lilt
and lSS " roM J ,,., ,n ,h
ant-jotned tabi.:
14 43TVO 11 w.wv
::,Vn 5 TTT? a..000
Th. nmyr of she.p In th. thi atste.
eon-pare, by a. f-Ha-.:
Or.. ... I VJ-Xl Voo-0 T.ooO
wlh-n ioo.4o 430.0M s:.:s
Twal wool production In th. United States
in th. pa fir. Tr. I. h.r.
.. nm 4.t
I'M C1 UlilTMl
i''n - : hi 74
' .. Ml. 1 ?1
!SS ::::::::::::::::::::::::::: -;io
Trlr rurrent In th. Boston mark.t n
t.rr.tory wool.. basis. " J"!7
1. April 1. July 1. 1010. and Octobor 1.
,,M- J.a. Arr1I.Jnlr.Ort
-.-hir-r. fin. " 61 "
Disris.tng th. outlook for ml. th. Bulla-
tic mtj:
-Irosp.-ts for th. mum Juat .plnt
are unuhiwlly much brla-htr than thaj
...c a rar aito. At that lira, mill w.r.
ai lar cf manufacture aooda. doubU.aa,
tir ar tortay and to. too. wa th. doth
lnr tradfc But at that tlm. th. mipply of
.not in th. country -a. unjutlonahlr
heavier than It ta today.
To t. ura, th. tariff qu.atlon la l
-,-t!1 and may contlnu. ututlS n
until a year from today, but for all that th.
r.lnv-odd million p.op'. of thl. country
murt b clothed. whth- th. tariff matt.r
is ."ttlxl or not. and tnanufaotuiwr. ar.
ba1n th.'r tutur. ttmta much mor.
tronly on th. natural law of supply and
dcrr.and than thy w.r. a y.ar or two yoar.
tack.
"MnnoTW. th. condition, of th. wool
markets of th world ar. uch that th. pv
.Ibl'.ltlc. of troponin heary auppllM of
foreign wool to eompt. with domeatlc
except upon certain grade. In ltht aupply.
Mem rry remote,
-Altogether, th. vartoua line, of bualnoa.
la thu country are la a much nemlthler
condition thaa thr w.r. a yr back
and with .aneraj bualnesa much better aupa
ly th. wool and woolen Induetrle. must
bow Improvement whea baalo condition, are
roch aa they ar. today."
XO "TEA3CEK STACK rOR IXOdt.
Pwrtlaacl a a DtvadTaatac Compavrad IVItb
Baud Markvta.
With a growlnir demand for. flour from
th. Orient. Portland la placed at a dlaad
vaataca, compared with th. Sound, tn hay
In no adequat. rt earner faclUUee. All th.
epac ap to th. and of March ta takaa up
and ahlppcr. are not dlapoacd to acc.pt
April buasnea, at curreTit price. Th. local
wheat mark.t. therefore, do, not .how
tb. llf. of th. Sound marketa. whr miliar,
ar. actrr. buyarm, and offering- mora tor
club thaa la quoted here. Th. local mar
ket la rather on th. C. K. baala, but alao In
that partloular la restricted by th. scarcity
ef toenail, whlla wheat price, are held
down by th. atlffneea of freights.
afore strenrth ta ahowa by bluMtem than
by th. other sralna Tht supply of blu
stem. partKmlarly tn O.-W. R. A N territory,
la retting small, wall, stock, of patent floor
are also much reduced. Blusstera wa.
quoted yeetrday at S3 cents.
Oats war. quoted firm at th. eld prlre.
with a fair demand and light offerlnga No
sals, of barley were reported.
Weekly foreign shipment, of wheat wr
aa follows:
Week. Week. Tear.
This Last -last
Ars-ntm. Idono 54..o0 44.000
Au.tra.ia 1 140 o- ti0io i.O3z.n0
Jnd:a 1.S00.0OO S9J.Oi)0 J0.uX)
Local rvcclpta tn cars. w.r. reported by
the Merchants' Fichance aa follows:
Wheat Barley Flour Oat Hay
Monday 14 ... 4 ... 11
Tiiesrisv 3 ... ... ... 1
tVedneeday - 3
Thursday II 1
Friday t t
Tear aro 15... 8 8
reason to data. 3 IT 144 T J43
Tear ago 300 S-4 l-ii ISO 10J1
UTEABNS CROP OF HOPS I" KOLA
Oakland Lot Brines 43 Cents Order. Ax.
Th. Staama Bros." crop of 90 balee. at
Oakland, was sold yesterdsy at 43 & centa
A sufficient number of orders for hops are
on hand to reduc. th. holdlnga In th. Stat,
maternally If growers wer. dispoeed to aeiL
The English, market la very atrong. ac
cording to a cabl. received In th. fore
noon. Th. Kentish Observer of Decwmber 33
said:
Imports of hops Isst week. 6?43 ewt; tn
corresponding week 1910. lO.fiOd ewt. Ex
ports last week. 6v4 est
Business, as usual, was very limited In th.
week befor. Chrlstmss. holder, of new
English hope preferring to wait until th.
New Tear In th. expectation of higher
prices. Old hop. were m fair demand, and
t'acltlrs advanced In price. Quotations:
Vast Kenta. ill &a to (13 6s i Mid Keats and
Wealda. I1J to 113 10; Sussex, ill 10s to
13: Parr.hams. Ill 16s to 112; Worceatera,
fit 16. to 113 16a: yearlings. 410 6s ta til:
Id olds. 14 to IT.
From Worcester no change le reported.
Th. few orders passing sr. from merchant
stocks. Growers wer. not offering last week
and stocks are becoming very sh-rt to sup
ply any r-squlrermenta
APPLE PRICES HIGHER NEXT WEEK
SwppUe CleeWy Cleaned I s Except rHarag.
Stocks.
Apple price, are gradually firming up In
th. local market, and dealers expect to see
.a adiarc of 13 to 2Z cents all around
next week. Supplies tn local bands are
smalL e-rrer-t storage stocks, aa acttv. de
mand mis week having cleaned up th. larger
I part ef th. cheap offerings. Adrlces from
Uedford yesterday noted th. sal. of a car
, load of apples to go to San Francisco.
v egetaoiee or ail ainus in"'-" "
mixed car of California cauiUlower and osl
ry arrled. Th. cauliflower cleaned ttl
at it-ZS per crate. Celery w.s advanced a
quarter to 15.22 a crate,
CTT PRICES Df THICKEN MARKET
Large Receipt. Bceponslbl. tor I-ower tjoo
tatlonv Th. chicken market continues to work
downward. Kectpta yesterday were large
and w.r. only disposed of by shading prices.
Hens and Springs sold at 12 4 8130 and in
some cases lower price, were accepted.
Durks wer. firm at IS cents and other lines
wer dull.
Dressed meats were In good supply and
th. tendency was gather easy, particularly
on pork.
Ecgs arrived more freely and th. present
weather Is calculated to Increase produc
tion. This caused a -weaker market.
Butter and ciiees. wer. firm and un
changed. m
Bank Clearing..
Bar.k. clearings of the Northwestern cities
yesterday were as follows:
-ieartm:s Btilances-
Porfjar.d .el.--T4.I74 ,;l...-4
Seattle l.wi.--"
Ta.-nma f-'ll H74
-.s.:.-
Spokane
A 1)2.117
PORTLAND MARKETS.
Grain. Flour. Feed. Etc
WHEAT Track prices: Blucstem, Me;
eluh. 8oric; red Russian, 80c; Valley.
81ft 42c; forty-fold. p2c.
FLOUR I-ateuta. 84.60 per ofr-re.'
straights. 3."S; exports. 83 40; Valley. 84-0;
graham. (4 i. whole wheal, 84.83.
M1LLSTI FK3 Braa. 8-1 per ton; shorts.
3J-; mlddllna. 8J0; toiled barley, l-ii Q
"OATS Vo. 1 white, 810.60 per ton.
HAT No. 1 F.estern Oregon timothy. ItJ
CIS: No. 1 Vailev. 816rfl: ailala. 8134
14: elover. $12; grain. 314.
BAR L T Feed. JS JT per ton.
CORN New. whole. 3o3: oracksd. 834;
old. whole. 3; cracked. 337.
Vecetablea and Fro! la.
TROPICAL FRUITS Orangea. navels.
82T33; Japanese, 81.40 par bundl.; Cali
fornia grapefruit. 33.60 4: Florida grape
fruit. 8S-T5 3.: bananaa 1 ft 60 per pound;
lemons. 33.-;.-"r i per box.
'RSH FKl'lTS Almerla grapes. 15.00
per barrel; cranberrlea. 81u81L40 per bar-
"pOTATOES Buying prlcea: Burbanka
P0CS3L16 per Hundred; eaeet potatoes.
13 per crate.
VEGETABLES Artleh-kea. One per dos
en; beans, 15elT4c: cabbage, lH014o per
pound, cauliflower. f..wut per crate: -el-err
16 ii per crate: cucumhers. (1.8042.00
per dosen: eggplant. 11 o per pound:
garlic. 8410c per pound; lettuce. 32.50t2 5
per crate: peppers. 8 i lic per pound: pump
kins. lolHc per pound; radishes. S5o per
dosen; sprouts. T0tc: squash, l-atlbo per
pound: tomatoes. 11 60 per box.
U.NiONi AesacUllua lrlte. 1.30 per
aack.
SACK VEGETABLES Turnips. II. 23 per
aack; rutabagas. 31 i.: carrota. 3i-i. Pr
anlpa. 31. 24; beeta. 31.30.
Dairy and Country rrwdace.
BCTTER Oregon creamery butter, solid
pack. Sic: prints, extra; butterfat, 1. leas
than solid rack prices.
POT'LTRT Kens. i:efl"lc: Sprlnrs. 12H
lSc; ducks, young, lie: geese. 11 to 1-e: tur
kes. live, ITHc; dressed, choice. ::0tf:2ViO.
k.i;o Fresn Oreg m ranch. cjndled.
36c p-r doaen: caae-count. r.3o Pr doxen.
CHEESE Fresh Tillamook lists. iTVsO;
7oung AtDw cat, 18 He
POHK Kancy. 8v,o per pound.
VEAL Fancj. 13 Vj 14o par pound.
Staple Groceries,
SALMON- Columbia Klvsr. 1-pound talla
82.23 per dosen: S-pound talis. 31L3; 1
pound flata. 33-40; Alaska pink. 1-pound
tails. 31 35. , ,
COFFEE Roasted, ta drums. :saV40.
p.r pound.
NtTS W.lnnts. 16ffl. per pound:
Braxil nuts. 14018c: nll-erts. 14-15c: ai
monda 17621c; pecans. lSc; cocoanuta. 0e
Oil per dosen: chestnuts. 12a per pound;
hickory nuia etilOo per pound.
HO.NET Choice. 3X73 per case: etralBa
honey. lOo per pound.
SALT Oranul.ted. !5 per ton: naif
ground. lOos, 8 A-60 per ton: ooa, la p.r ton.
BEANS t-mall whit.. 4Ho: large white.
Hr: Lima, 7c; pink. 64C Mexlcasa 6o;
bayou. 60.
RICE No. 1 Japan. 8"e: cheaper gradea,
44-'c: Southern head. 54 l 7c
SWAR-Dry granulated. (&3S; fruit and
berrv. 84.JS; beet, tiOi: extra C. 16.75;
powdered, barrels. 18.50; cubes, barrels, 34.48.
DRIED FRl ITS Apples. 14o par pound;
snrlcots 14l"IHc: peaches. 12014c:
prunes, Italian, lotjlc"ao; allver. 18c; nx-a,
whit, and black. SVsCrTHc; currants. 10
lie; ralalra. loose. Muscatel, SV,THc;
bleached Thompson. lxl unbleached Sul
tanas, Hc: aeeded. TS8"4c; datea Per
alaa, 3wc per lb.: Fard. 3L.H0 per box.
Frovlslona.
HAMS 10 to 13 pounds. UH"UVie: H
to 14 pounds, 15H e lHc; I to 1 pounds,
11S'.!ic: 18 to IS pounds. I6i,S18,c;
skinned. lc: picnics, 11 So; cottage roll
14c
LARD Kettle rendered. tierces. ISHe:
tubs, llHo: standard, tler-es, 11 He: tuba
I'M: shortening, tierces. 8ee; tuba c
BACON Fancy. 23c: standard. aJc:
Chotce. 20c; English. 16 17a
DRT SALT CURED Regular short clears,
dry salt. 12(c: smoked. 14c; short clear,
backs. 12 to 16 Iba. dry salt, lSc; smoked.
14 Sc; short clear backs. 10 to 0 lba., dry
salt. 12Sc: amoked 14c: Oregon exports,
dry sal. 14 He; smoked, 10c
Hop., Wool and Hides.
HOP? 1011 crop. 43844o; olds, nomi
nal. 1812 contracts. 25c.
MOHAIR Choice. SS"o per pound.
WOOL Eastern Oregon. OClao per
pound, according to ohrlnkage; Valley. 149
17c per pound,
FELTS Dry. lie; lambs, sslted. 850 0c;
short-wool pelts. 65f75c; butcher pelta. Nov.
take-off. 80r90c: Dec take-oft. DOcOIL
HlnES Salted hlil"s. ,10o rr
pound' salted calf. IS it 17c; salted kip, 109
lie: green bldea. Hits: dry calf. 20c: dry
hides. l7olc; salted stags. Itt'ci green
stags. 8 Hr 6c.
CASCARA Per pound. BttOOc
XJaaeed Oil and Turpentine.
LINSEED OIT. Pure raw .In harrela, 82c;
boiled. In barrels. 84c; raw. In cases, STc:
boiled. In cases, fc&c.
TLKPENTI.NE Oases. TSc; wood barrel!,
T2v,r.
FLAXSEED OIL MEAL Per toa. 344.
WOOL MARK FT IX HEALTH T SHAPE
Oa th. Scaxrw Grade. Price. Showed Ten
dency to Advance.
BOSTON. Jan. 12. Th. Commercial Bul
letin will say of ths wool market baturday:
There has been a fair trade tn wool on
the Boston market thla week, althougb no
heavy Individual sales wero reported. The
market continued healthy and prices tended
upwards, especially on scarce grades, such
aa fleeces which are quotably higher. Terri
tory la steady at last quotations.
Scoured wools are In fairly good request
from the mills and are also In speculatlv.
demand from dealers, especially medium to
coarse lots, and particularly supers.
.Metal Markets.
NEtV YORK. Jan. II. Standard copper
as. Spot. January, February, March and
Aoril. 13.!0lf 14.10c. London easy. Spot.
IttJ 12s tW: futures. ft;3 7a tid. Custom
house returns ahow exporta of 10.743 tona so
far thla month. Lake copper. 14?r14Hc:
..eetrolyttc. HSSH-c; citing. 14(fl4ta.
Tin easy. t-pot. 42.2sl 4l.lc: January,
O f.Of 41.60c: February. 4i.2i42c: March.
40041c; April. 3V 76 a 40.76c; UaJ. 33 tll H
40.22HC London steady. Spot, ilSi; futures,
iiia ;a
Lead quiet at 4. 40 6" 4 .10c New York and
4. SOI 4.36a East at, Louia. Loudon, ilfi
11a 3d.
spelter quiet at 6.46ff.86c New Tork and
6.30 If 6.60c East St, Loula London, f-6 16a
Antimony dull. Cooksvn's, 7.76c
Iron Cleveland warrants. 41s 0d In Lon
don. Locally Iron waa stea.ly. No. 1 fonndry
Northern. 114.75 6 10. No. 2 foundry, 314.60
C 14-76; No. 1 -outhern and No. 1 -southern
soft, (14.-6n14,7i
. Cbicag. Prod nee Market.
CHICAGO, Jan. li Uutter. steady;
tresmerles. 26f33c
Eggs Firm, receipts 810 cste-w: at mark,
cass Included 21H0 30ac, Orsts, 21 4 31c;
prime firsts. 4c.
Cheese ateadr. Daisies. lC16ii. twine.
ltjXtlc: Voung Anericaa, ldHlti'ac;
long Horns. 16 S ltc
Dulntb Flax Jtsrket.
rVLVTH. Jan. 12. Close: Flst In store,
to .rrlve. January. "tbruary. (2.14; on track.
82-lit; Maj. t2.1Z-
New York CdUos Market,
NEW YORIC Jan- 12- Cotton closed bare
Iv steady ,at a net lose of from I to 6
points.
Hop. a Now York.
MW 10RH. Jan. 13. liops Ctsady.
COAL STOCKS HIGH
Lehigh Valley Leads in the
Advance.
DUE TO EXTRA DIVIDENDS
Beading Rises In Sympathy Rail
way Issues and Steel Are Put la
the Background Money
Market Easy.
NEW YORK. Jan. 12. Stocks of the coal
earrrtng roads almost monopolised specula
tive interest today. Union Paclfio and Unit
ed Statea Steel were relegated to a less
prominent poaltlon In favor of Lehigh Val
ley. Reading and other coalers. After a
fretful morning th. market moved upward.
The ooal stocks, Vnlon Paclfio, New York
Central, and th. telephon. and .Uotrlo
etocka mado th. bast gslns.
Th. unusual activity of Lehigh Valley
was duo to the declaration of an extra
dividend of 10 per cent In connection with
the formation of a company to handle the
road's coal business. Reading baoatn. more
prominent aa the day wore on and grad
ually took th. leadership from Lehigh Val
ley. The etock waa bought on the belief
that Reading might adopt Lehigh Valley's
policy and declare a ooal stock dividend.
Th. pric. rose 4 points. Central Railroad of
Kew Jersey gained 14 tt and other coalers
a point or so.
The copper stocks wer. land.r preasur.
despite reports of higher prices for the
metal tn this market.
St. Paul ahowed further heaviness, selling
within teas than t points of Its low price
for nil. The stock Is now regarded as
having been brought down to a 6 per cent
dividend bxsle In expectation of a reduc
tion rata thla month.
A heavy cash gain by th. banks this
week la Indicated by th. known movements
ef money. Th. gain was estimated at 118.
dO o.io to 3:o.o(io.oo.
Foreign borrowing was lea. of a faotor
and the ease In the money market was ao
pronounced as to lead som. of th. banks to
seek opportunity abroad for th. employm.nl
of their funds.
The bond market was steady. Total sales,
psr value. 14.447.000. United States bonds
unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. Hlch. Low. Bid.
A Ills Chat pf T H
Amal Copper ... 10..10O 634 64 5a 65
Am Agnvult ... two till, til 614
Am Uset Mi gar. l.r. 67V 6'4 7
American Can .. Bo 1 1 'J 11 111
Am Car A Ftly.. 100 3 63 63
Am Cotton Oil 414
Am lid A Lt pf 23
Am I.-e Securl.. 200 IS. IS 171
Am Linseed ... ...... 10
Am Locomotive. 100 S4 34H S4
Ant Smel A Ref. 6.20 71 , 70S "11
do preferred,. 100 102T. 102"e l1-a
Am Steel Fdy Xli
Am Sugar Ref,. 1M U4, 1144 1141
Am Tel a Tel.. 4.100 140-, l.-.M 1404j
Am Tobacco pf. 8.000 103 102" lo3
Am Woolen 30
Anaconda M Co. 20 Kt'i S! 8.1
Atchison 8UU lui 103V4 10Sx
do preferred.. 101 "
Atl Coast Line.. 80O 1S4 1S.T 1M4
Bi.lt A Ohio ... 1.400 1U3 lodVa l''ls
Bethlehem Steel 80i
Brook R Tran.. 1.80O 77S 774 774
Canadian Pao.. 8.1' ISO", 2.10 i
Central Leather. 4'H 14 li 1'4
do preferred.. 2'K) S7. 87 c7
Central of N J.. u0 Jint (10 SI"
Chcs Ohio ... 1.000 73 714 724
Chicago A Alton 23
Chi Ut West .. 60O 13 Vs 18 II
do preferred.. 31 4
Chlra-ro 4 N W. T0 141 14 141 . J41
C. 314 St Paul. 8.200 10S 107 1US
C. C, 0 4 St L. )
Col Fuel A Iron. 234
Col 4 Southern. 43
Consol Gas 1.800 14154 140H 1114
Corn Produeta .. ..... ..... 104
Del A Hudson lftT
D A R Orande 21S
CO preferred 43
D'stlllera Becur J!0i
trie b bw 51- 804 1
do 1st Pf
do 2d of .
1.1'X) 61 's oO"4 1X
10 42'4 -" 42
frH l.Miie 16S 1.18
1.40 127 124 12"4
Gen Electrlo ...
fit North pf ...
Ot North Ore . .
Illinois Central.
l-oa 41 40i 4"4
SOO 140 14t 13"4
60O 17H 174 174
Interbor Met
do preferred.. I.40O 55 V 6.1 "a .""6 4i
Inter Harvester. loo 3"8 108 10S
Inter Marine pf 2.000 234 22 23
Int Paper 94
Int Pump 800 81 81 31
Iowa Central . . 12
K C Southern 27
do rref erred.. 110 r.3i 34 634
Lacledo Ts ... 200 1064 IO614 1064
Louis at .Nash .. I,2o0 15o4 104 164
Minn St L 81
M. S P S S M ino 131 3314 131
Mo. Kan & Tex. 100 23 2S is 234
do preferred. 5
Mo Pscltlc L00O 40 . SBH 8l4
Nat Biscuit 142
National Lead .. loA 63 14 . ,12H 63
N F.y Mex 2 pf. 1.000 8r.S S54 854
y Y Central ... 1K KH 4 SS 8S4
Norfolk A West L-IOrt 110 , 104 10914
North American. !X 75 4 75 76
Northern Tan .. 1.8"0 lltl4 115T4 1164
Pacific Mall 1.500 82 .11 314
Pennavlvanla ... 8.S0O l;3"4 122T4 1234
Peopie'a Oaa ... Boo 103 104H 1044
P. C C A ft L.. 700 102'4 1024 102
riltsburg Coal .. 100 t4 S4 IS14
Presred S Car.. 100 83 V SSlx 83 4
Pull Pal Car 159 "4
Ry Steel Spring 304
Reading 105.800 1684 149 lr.34
Rcpublio Steel 2.14
do preferred.. 10O 864 8514 (.5
Rock Island Co. flOO 244 24 S 244
do preferred.. 60O 81V 604 6ii
St L A 8 F 3 pf 200 40 ie 40 , 40
St L Southwest, 2S4
do preferretL 6a
Plosa Sheffield 45
Southern Pao .. I. Too 110 1WS 1094
Southern Ry ... 1.5'X 284 2 14 2i "4
do rr-ferred.. 200 70 !', 09H
Tenn Copper ... 1.00 874 374 874
Texas A Pacific. 600 221. 214 22
Tol. St I. A Wea 124
do preferred, 824
Union Paclfio .. ST. ft no 1S4 1(W4 17"4
do preferred.. 100 92 92 PI -4
TT S Realty 69
V S Rubber ... I.ono 4S14 4S14 4s
U S 6teel 4U.10O 674 604 64
do preferred.. son 111 1104 1104
T'tah Copper ... 2.WO 614 66 r-1
Va Cnro Chera 53 V
W.-tbaah ft0 74 T 74
do preferred.. 800 - lf4 jst, lots
Western Md ... 2O0 6414 Kst 674
Westing E ec .. S.POO 73 71 4 724
Western Union 7.200 M 82 824
Wheel iLE 4
I.ehlgh Valley .. 71.7V) 3t44 1S2 14
Chlno Copper .. 700 2d 2.14 26 41
R.-iv Consol 1.10O 17'4 1T4 174
Total ssles for the day, 491, 800 shares.
BONDS.
Furnished by Overbade A Cbok. Co, of
Portland.
Amor Tel Tel eonr 4. Ill 112
Amerlesn Tobacco 4a 934 9:l"4
Anierlcan Tobacco 6. 119a 119S
Atchison general 4s ........... 9H 994
Atchison conv 4S 100 1074
Atchison adj 4a stamped 914 v
Atchison conv 6s 1074 lv4
Atlantic Coast Line cons 4s 96 95 4
At Coast Line "L A N coll" 4s. 941, 93 4
Baltimore A Ohio 34a 91 92
rtaltlmor A Ohio 4a 9o 904
Brooklyn Rapid Transit 4s 8'S 83 a
Canada Southern first 6a. .. . . . .101 is ....
Chesapeake A Ohio 448 101 1014
C fi 4 Q Joint 4a 97' 97V
C B A U Ilia 4s Put, HXH
C U A Q Denver 4s 9rt 98 Ts
Central Psolflo first 4s Pits 9-
Chicago A East Ills 4s 80S
Chicago R I ei P ret 4s SH 80 4
Chi R I A P Col trust 4s 724 72s
Colorado A Southern first 4s... 9j 17
Denver eV Rio Orande 4a h-4 894
Delaware A Hudson conv as.... vs 95
Erie first cons P L 4s Mi-, ss
Int Met 4k t2 S2 14
Japanese 4s -i.; eSt
Japanese firat mm P24 t3
Japanese second 44s 92 93
L 4 N unl 4 fa 9914
Mo Kan A Tex 44e (.04 8
Missouri I'scifio 4s 72S 7.14
New York Central 34s t.74 6S
New York Central L S 84s.... 83 84
New York City 4s ;i?4 92S
Ner York City 4?s of 105T....1O7S 1074
Norfolk A Western 4s 9 s 9S"4
Norfolk A tl'cstern conv 4s....lv-ts I094
N T Ont ,t W 4S 9 M S
Northern paclfio P L 4a 9i)4 100
Northern Pacific 8s 69 694
Orecon Ry A Nev 4s ess 93",
Penna F.y 4s of 181 103 103 '4
Philippine Railway 4s 44 874
Reading general 4s 94 9S4
P.epul-lia "t fab. 5s 1"2S 10S
southern PsClfIC first ref es... 93 954
Southern Tsclflc col 4s v 92
southern Railwsv 4s 7-.4 794
Vnton Pacific first 4s 1"0" J01
fnlon Pa-lflc conv 4s 101 lu2-
1 nton Pacific ref 4s 97 97 -4
Tnlted States Steel S. F. 8s. ...3014 302
t'nlted Statea 2s reglstersd 30 I0O14
I'nlted State. 2s coupon ..1H 100.
Colted States Sa registered. .... .1014 1024.
United States 8s coupon 1014 1024
United States 4s registered 113 114
United States 4S coupon 1134 114
United Railway 8 F 4a S 1O
United Ry St L 4a 75 . "4
Wabash first 4a 574 JS
Weetern Union 44s 74 94
Westinghouse conv 6s 94 944
Western pacific 5s S5 S
Wisconsin Central 4a 921 02 4
West Shore 4s 1004 lol
Stocks at Rostoa.
BOSTON, Jan. li rlo-tnt? quotations:
Allouex 42 -Mohawk ex-dlr.. 'A-
Atnalg Copper.. 6.14. Nevada Con .... 19--
A Z L A m... !iT Nip Mines ex-dlv fi',
Ariior.a Com .. S's.No Butte ex-dlv .
B & C C & S M. 74, North Lake 6
Butte Coalition. 22. 'Old Dominion... 4i"4
Cal A Arixona. . 62 :Osceola ex-div..l0S
Cal A Hecla 441 ParroU S A C). jUt
Centennial IS Qulncy ";l
Cop Ran Con Co 644 shannon 104
E Butte Cop M. 124 ISuperlor -h
Franklin 12jSup A Bos Mln-. 41
C.lroux Con 4 4 Tamarack
Oranhy Con ... 87 il'SSRtSI x-d 8.14
Greene Cannnea. Sl do preferred... 4114
I Rovalle (Cop) Si Utah Con 16
Kerr Lake 2 Utah Copper Co. 3"4
Lake Copper.... 30 4 Winona .. ... 2
La Salle Copper 64jWolverln. 100
ktlaml Copper... 24 4 1
Money, Excbange. Etc,
NEW YORK. Jan. 12. Money on call,
easv, 2 2 H per cent: ruling rata 24 per
cent: closing bid, 24 per cent; offered at
24 per cent.
Time loana steady. Sixty days. 24 per
oent to 3 per cent; 90 days. 3 '4 6 3 4 Pr
cent; six months, 84 934.
Prime mercantile paper, per oent to 44
per cent, . .
Sterling exchange. Brra with actual busi
ness In bankers' bills at 34.84 for 60 day
bills and at 34.8T.10 for demand.
Commercial bills, (4.83 '4.
Bar silver, 55 44 c,
Mexican dollars, 470.
Oevrninsnl ana railroad bonds, steady.
LONDON. Dec. 12. Bar silver, steady.
254d; money. 3d34 per cent; rat. of dis
count In open market for short bills. 8 If1'
4 per cent; do, three months, 5 18-16 &
84 per cent.
8AT FRANCISCO, Jan, 11. Sterling on
London. 60 days. 84.84; eight, 34.874.
Dralts Sight. 4o; telegraph, to.
Condition of the Treasnry.
WASHINGTON", Jan, .12. At th. begin
ning of business today th. condition of th.
United Statea Treasury was:
Working baianc. In Treasury of-
flee 66.-28.1
In banks and Phlllppins tresaury ,82 31'jV
Total, balance In general fund... 12o,4-1 ,44a
Ordinary receipts yoaterday i'iiasVii
Ordinary disbursemenu 3,4j.oii
The defldt to date this flacal year waa
326,230,204, as against a deficit of (6.4J-,-184
at this time last year.
These figures exclude Panama Canal ana
publlo debt transactlona
MARKET YVEAKEXED BY ARGEX
TTXE t-E.THER REPORTS.
Outlook Is Better for late Harvest
in (f In That Country Chicago
Prices Quarter Off.
CHICAGO. Jan. II An easier torn in
wheat today resulted from Improved weather
In the Argentine, making the outlook bet
ter for the lata harvesting In that htrT.
Closing prices wore Htf4o o 4o lower
than last night Final trades left corn 4J
to Ho down, oats unchanged to He off. ana
hog products at a shade to T4lo
"jlty wheat ranged from l4o to (1.031.
with last sales Wo net lower at
May con fluctuated from 66 to 54
46 Vc, closing steady 4o to 4o net lower
at 64iti 64 4c Cash grade. Quiet. No. 1
yellow not quoted. ....,,
May oats varied between 434o and
4t4t4"4c, with the close 44 944. a
decline of 4 to Ho from last night.
Despite some activity In provision., long
Intervale of slack demand had a dep-esstng
effeot. When the pit was cleared pork had
fallen m-lo to 74 8101! and th. rest ot
the list a shade to 6c
The leading futures ranged as follows:
WHEAT.
Open. High, Low. Close.
vYy .99-4 I.OO-4 '.HZ
Julv .. .944 .06 .944 -4Js
Sept, 93 .934 .83 4
CORN.
:::::: :S
juij .nr.4 .6 '
Eept 65. .65 .63 4 .65 4
OATS.
Jan 494 -494 .
May 4f4 -404 -49 . .494
iMii 454 .45V -444 .444
MESS PORK.
May 16 46 16.47 4 16.tTH 1 JO
July 16.00 16.60 16.62 4 16.53
LARD.
Jan 4B .45 9.40 J.40
Mav '..- 24 885 8a 9iV
July I " 8724 9.7.1 9.734 -T2i
sepl ::::: -sa4 .st4 .sa4 .
SHORT RIBS.
a62H
May B Si 8.87H -eS f
jjly ...... 8.1.5 S.05 R0 8.80
Cash ouotatlons ware as follows:
Flour Firm.
Rye No 2, 86c
Barley Feed or mixing, Oe1.0B; fair
to choice malting. (1.2L36.
Timothy aeed (12 016.
Clover (16 -321.25.
Pork Mess,per barrel, old (15.50; new
(16.
lard Per 160 pounds. 9.40fH-4l4.
Short ribs Side, (loos.), (3.614
Gratn statistics:
Total clearances of wheat and floor wer.
equal to 152,000 bushela Exports for th.
week, aa shown by Bradstreet'a, were equal
to 2.661. 000 bushels. Primary receipts wer.
329.000 bushels, compared with 482,000 bush
els the corresponding day a year ago. Es
timated receipts for tomorrow: Wheat, 3
cars; corn. 167 cars; oats, 68 ears; hogs,
18.000 hsad.
Grain at Ban Francisco,
SAN FRANCISCO, Jan. 12. Wheat
steady, barley steady.
Spot quotations; Wheat Shipping. (1.809
1.67 4 per cental.
Barley Feed, (1.974 per cental; brewing,
nominal. . .
Oata Red, (1.6001.90 per cental; white,
(1.70L7 per cental; black. (L651.80 per
Ce?aJl" board sales: Bsrley December. (1.4S
per cental bid, (1.40 asked; May. (2.034
per cental bid, (2.04 asked.
Paget Sound Grain Market,
TACOMA, Jan. 12. Wheat B laest em,
S3e: fortyfold. Slor club. 81o; red Russian.
7bc
Car receipts Wheat. 12; hay. 8.
.
SEATTLE. Wash.. Jan. 12. Wheat Blue
stem. S3c; fortyfold. 804c; club. SOo; fife,
SOc: red Russian. 790.
Yesterdays car receipts Wheat. 18; hay,
14; barley. 1.
European Grain Market a.
LONDON. Jan. 12. Cargoes dull. Walla
Walla for shipment, 86a 6d. English coun
try markets, firm; French country markets,
firm.
LIVERPOOL. Jan. 12. Wheat Close:
March. 7a 6Hd: May, ts .; juiy. is la.
Weather cloudy.
Minneapolis Wheat Market.
MINNEAPOLIS, II Inn.. Jan. 12. Wheat
May, l.o64 43 1.064 : July. (L074: cash.
No. 1 hard. (1.074: No. 1 Northern. (1.064
tfLOfl-s: No. 2 Northern, (1.04 3 L044 ;
No. S wheal, (1.024 81.034. '
BAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Tege
tablea, Fruit a. Etc
SAN FRANCISCO. Jan, 12. Th. follow
ing produce prlcee were current here today:
Vegetables Cucumbers. 65c!e81.25: garlic,
SJ-tjc; green peas, 101&c; string Deana,
22 4 4,25c; eggp'ant, 10$15o; tomatoes, (1.2
t1.50.
Putter Fancy creamery, 86a.
I-lggs Store, 32c; fancy ranch. 364c
Onions 31.2561.75.
Cheese Young America, 16ffl7c
Fruit Apples, choice, (1: common. 6.1C1
Mexican limea. 83.6ti6: California leraona.
choice. 83. .V; common. (1.2.1: navel oranges.
(L75J2.00; plneapp.es, (20 2.60.
Potatoes Oregon Burbanks. (1.601.78;
Salinas Burbanks. (1. 7631.90; rivsr Bur
br.ks. 31.259 1.60; sweeta (2.6392.73.
Mllletufls Bran. (25.50 326.60; mlddllnga
$301i33.
Hay Wheat. (16021; wheat and oats,
(18 3 18.50: a. falls, (12815.60.
Receipts Flour, 2736 quarrar saeka;
wheat. lOW centaja: barley, 21.153 centals;
oats, to centalsi potatoes. 11.540 sacks:
bran, 250 sacka; middlings. 100 sacks; bay,
4T tona
Coffee and Sugar,
KUW YORK. Jan. 13. CofTee futures
eloeed weak aa near months and steady en
WHEATGIESDOWNWARD
ANNOUNCEMENT
J. C. WILSON & CO.
Members
New York Stock Exchansre,
Kee York Cotton Elxcl-anae,
Cbicaao Board of Trade,
The Stock and Bond Kxchange, Saa
i-ranciacov
With Office at
JIlIls Building. San Francisco; Pal
ace Hotel. San Francisco; Alexan
dria Hotel. Los Angeles; U. S. Grant
Hotel, San Diego; Hotel Del Cor
onado. Coronado Beach, desire to
announce that on .
JAN. 15, 1912. THEY
WILL OPEN OFFICES
In the
Lamb ermen's Bulldlnr, Portland
Alaska Dulldlna. Seattlei Canada
Life Bntldlnc, Vancouver, for the
handling- of ail orders for '
STOCKS, BONDS,
GRAIN AND COTTON
At the Beamier New York and Chl
rafsin Rate, of Com in las Ion.
All these offices will be con
nected by private wire with our
present complete private wire serv
ice from San Francisco and Low
Angeles to New York and Chicago,
thus affording all our client, con
tinuous quotations from all East
ern markets and the advantage of
direct and Instantaneous private
wire service in the execution of
orders.
J. CaWILSON & CO.
MAIN OFFICE,
MILLS BllXDIXG. Saa Fra
distant positions, with prices from 2 to 20
points net lower. Sales. 122.500 baga Jan
uary, 12.56c; February, 12.54c; March.
12.52c: April and May, 11.50c; June, 12.49a;
July and August, lZ4Sc; September and Oc
tober, 12.50c; November, 12-46c; December.
12.37c.
Spot coffee unsettled. No. T Rio. 14o; No.
4 6antos. 154c Mild coffee, quiet. Cor
dova, 154 4? 1740, nominal.
Raw sugar dull. Muscovado, 89 test, 8.92;
centrifugal. 96 test. 4.42c; molasses, 89 test.
8.67c Refined quiet.
' Dried Fruit a New York.
NEW YORK. Jan. 12. Evaporated apples
unchanged. Fancy, 104 10ii,c; .choice. 8i
H'Jc; prime. 8"4SKc.
Prunes California fruit Is quoted at from
5 to 13t4o for 30-40s and quotations for
Oregone ranging from 10 Vi to 12c for 70-30a
Peaches Arm. Choice, ll"412o; extra
choice. Iltei2c: fancy, 124 t124o.
Vherever
the
majority
rules,
you'll
find
bitulithic
streets.
THE BARBER ASPHALT
PAVING COMPANY
Constructs Asphalt and Other Bitu
minous Pavements.
ao5-Tt8 Elee-trlo Bids. Portland, Or.
Oskar Buber, Uansger.
TRAYBXER8 OCIDK.
PLAN YOUR
SPRING
TRIP NOW
In addition to regular sailings for
Euro-pe and the Mediterranean some
especially attractive tours tvill be
offered during 1912 by the
North German Lloyd
London-Paris-Bremen Sailings
George Washington .... Tries., Jan. 23
Prinz Fredrieh Wilhelm Tues.,Feb. 6
Kronprinz Wilhelm. . .Taes., Feb. 13
Georze 'Washins-ton Sat. Feb. 24
Mediterranean Sailings.
Berlin Sat., Jan. 20
Prinzess Irene Sat., Feb. 10
Cruise to Black Sea and Caucasus,
from Genoa April 28 to May 29
$200 up.
Cruise to Polar Regions from Brem
en, July 13 to August 15 $125 up.
Independent around the world trips
starting any time, east or west
$613.
Oelrlrhs ft Co.. 5 Broadway. New York.
ROBERT CAPPEIAE. G. A. P. C
150 Powell St- Op P- St. Francis Hotel, S. T.
or Local Agents.
STEAMERS
YALE nd HARVARD
Portland to Los Angelas, tourist S28.M
Portland to IOS -Angeles, first olass
Portland to lxs Angeles, round trip.
tourlat J,..". ,
Portland to ios Angeles, round trip,
first olass B5.TO
Portland to STan Diego, tourist 23.00
Portland to an Diego, first olass 80.00
Portland to San IIego, round trip.
first class M-00
K.VII.KOAI TO BAX THAXCISCO-, the ex
position city, connecting with th. famous
new turbine ateel steamera Tal. and Har
vard, largest ana fastest strictly passenger
ships on tho coast; carry no freight except
express matter; average speed 2S miles per
hour. Bat-gage checked through to desti
nation. Sailing four times per week. Break
the monotony oy stopping over a few hour,
or several days, at San Francisco, thence
travel where the sea is as smooth as glass
anft- 99 per cent of the passengers are not
sick for the short voyage of IS hours. Make
reservations early.
Baa Francisco. Portland X A. B9. Co.,
FRANK BOLIAU, Agent,
A 4K. 1? Third St, Main
CLARK'S CBriSB OF TH3S 'ARABIC
10.000 tons, fine, larg, unusually steady
TO THE ORIENT
February S to April IS. IBIS.
Seventy-one days, costing only ftoo.OO and
op, Inclucilng shore excursions. (SPEC1A1,
FEATCRESi Maderla, Cadis. Seville, Algiers.
Malta, Athens, Constantinople, 19 days la
Kgypt and the Holy LanO, Borne, the Ri
viera, etc.
C. E. Stinger, 154 Waahlnirton et., Portland.
F. C. CLARK, Time. BIdg., Kew lerk.
COOS BAY LINE
6TKA3EEB BEEAKWATEA
Calls from Ainswortii Docka. Portland.
P. Ha, av-ary Tuesday. Frsljht racslvad Rt
A1aaarrth Iock daily up to 6 P. VL paa
imic fara, first-class, $10; aacond-Hslaas, $7.
lnoludin meals and berth. Ticket ffic
A m worth Dock, f hoaea Kala lMt Maim
17CS 1234,
THE UNITED STATES
NATIONAL BANK
PORTLAND.
UNITED STATES DEPOSITORY
Capital - - $1,000,000.00 .
v Surplus Profits $900,000.00
OFFICERS:
J. C AntWOBIU -President R. W. SOHMEER, Caahle.
R. LEA BARTVE5, Vlee-Premldestt.
A. WRIGHT. Aaalataat Cashier. W. A. HOLT, AasUtaat Casales
LETTERS OF CREDIT AND TRAVELERS
CHECKS ISSUED "NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on all FOREIGN COUNTRIES
Travelers' Checks
The most convenient form yet derised for car-"-
ing funds safely while traveling-; is offered by travel
ers ' checks.
These checks may be cashed anywhere, at home
or abroad, without identification. They may be pur-
chased of the
L.UMBERMENS
National Bank
Capital .
4 Per Cent on Savings
LADD & TILTON BANK
i Established 1859. !
Capital Stock .-. . . . - $12'!! S
BnrpluB and Undivided Profits............ 800,000.08
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, avail.
able in all parts of the world.
Corner Washington
First National Bank
Capital $1,500,009
Surplus 850,000
Oldest National Bank West of tha
' ' Rocky Mountains
The Canadian Bank of Commerce
INCORPORATED 1SVT. - -Bead
Office Toremto, Caaada. ? Tark 1 Bxehansa Flaaa,
- A Ixj adoo 2 Lom1ar4 Strcat. .
Over two hunarea other branclies In tb United States and Canadiu
Every car. taken of collections, drafts on all foreign countries and prla-ill-al
cities In United States aa Canada nougUt and aoldand a ,naral
feaalclns; buslnoaa transacted.
InUreat allowed on Tim. and Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MAJLPAS, Haaacer.
White Star Lind
KEW YORK PiyMOltH-CHERBOC BSOBTOAMPTOS
FAST ilAXL, ROUTJEC TO ENGIAND and THE CONTINENT.
Tbe Largest and Finest Steamer ta tka World
"OLYMPIC" HSSE,
l-RBSCB A 1-A OARTBJ RESTAURANT, TURKISH A!VI ELECTRIC BATHS.
1WIM-1IXO POOL, FOUR ELEVATORS, GYMN ASIUM,
VERAADAH CAFE, PAJ.M COURT, ETC.
WILL SAIL FBOX XEW YORK
Wednesday, January 24 and February 2 1
and Recularlj Thereafter.
11rti f-TC CTAD T 1NI17 Room B. Bailer Bide., Zd and Cherry, Seattle
Wrll 1L 3 1AR 1.1 11 C Iy(M-al Kallwar and Steamship Acenta
TBAVELEBS' CCIDB.
MMMJMlMiii:
Ask about
01ylpic,'
Largest
Finest
Steamer
in the
World.
American
Atlantic Transport
Red Star
We Star
White St ar-Donnmoa
T. H. LARRK.
Room B, Baliey B ld.,J Reeond and
Charrj. Seattle. "(Vasta.
Apply Local By. and steamship Aats.
EXPRESS STEAMERS FOR
San Francisco and Los Angeles
WITHOUT CHANGE
S S. Som City Sails P. l- January 17.
BAN FRANCISCO A PORTLAND S. 8. CO.,
Ticket Offloo, It Third St.
Rusea Uala Qt and A liS.
OREGON
$1,000,000.00
Corner Fifth and Stark
and Third Streets.
1
TRAVELERS' GUIDE.
San Francisco Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder
Bail Er-ary Wednesday Alternately Hi". M.
NORTH PACIFIC S. S. CO,
Ut Third St, Phonas Uais 1314, A tSl
Willamette River Route
Boats for Oregon City and Salem. Dally.
:5 A. M. (except Sunday).
For Corvallls. Albany and Independence,
6:45 A- M-. Tuesday. Thursday and Saturday.
Office and dock, foot Taylor sU
OREGOV CITY TRAVS. COL
I'hone Main 40.
NEW ZEALAND AND AUSTRALIA
(Union Una of N. Z.)
IA TAHITI iXD WE LLUS'GTO V.
Direct through steamers, sailing from San
Francisco. Feb. 7, March 6. and every 28
days to Tahiti. Wellington and Sydney. K.
S. Wales. Tha Una to Isle, of the South Seas.
For reservations see Coupon Railroad Agents
or address Blud. Sals!), Co.. aa Fianclaoo-