17
OKEGOMAN. SAT UK DAY, JANUARY 37, 191Z.
REJECT SISAL WOOL
Dealers Will Not Buy Fleeces
So Tied.
NO MARKET FOR THEM EAST
Alnw of l-ons Standing Can B
Kfmotllrd by Vsinjr Paper TwJrve.
Ljirj IVMion Merchants
Go on Record.
The wool d'sWs of lvrlianl hava de
cided to bur no wool this year that I tied
with iihL They bTt had troubls hereto
fors oa thia scors and (or tba past faw
years bars only ba taking- such wool at
a discount, bat la tha coming season liter
will not accept It at any price- Eastern
buyers and manufacturers have determined
to put a stop to the abuse and will a
longer accept alaal tied wool fram tha Port
land dealers, so the latter hare refused to
accept any from shippers or growers.
Fanners hae bean using alsal to bind
their fleecea Sim pi r because It waa handy
and ao doubt when they and anything bat
ter thay will be glad to discard tha sisal.
Taper twlna Is tha proper thine to nsa
In tying wool." said Henry Metsger yestar
day. "as It dissolves In ths scouring and
lease as trace. Wl are coin to eea It
wo cannot reform matters here by bring
ing la a quantity of thla paper twlna and
selling It to tha growers at actual coat.
Something must be done, or tha Valley
wools will set a black are In tba Eastern
market-"
la this connection, ths following from tha
Textile World Record, of Boston. Is of In
terest: "A determined effort Is being made by
tha wool trade to brio snout an Impress
ment In the perk lux of domestic wool by
the growers. Ths ebuaes con!st In ths
ssa of sisal twins and In parkins? Inferior
wool and rubbish In the fleeces. It Is Im
possible for one who hss not hsd practical
experience In manufacturing worsted goods
to realise tha heavy losses to manufacturers
resulting: from the use of slssl twlna for
tying ap fleeces. Tha sisal fibers get
mixed with lha wool snd pass through tha
Tsrtcme processes of manufacturlnc. appear
lns finally In the cloth. Three fibers
twisted and Imbedded In tha cloth must he
picked out before tha goods can bo sold.
I rider the moat favorable conditions tha
work of rrmuin( them la alow and expen
sive, requiring sllld operatives.
"Farmera use steal twlna because It Is
cheap. "or the eake of an apparent savins
of a few dollars they put up their wool In
au-h a form aa to cause a loss of thousands
of dollsrs to ths manufacturer. As a mat
ter of fact, however, much of thle heavy
aa Is final! T paid by the woolgrowers
themselves through ths reduction In tha
msrket price of wool tied with sleal twlna.
"So serious baa tha troubls becoms that
wool dealers ad manufacturers hava united
in nrrter to force the growere to stop ths
practice. Aa a result tha following- clrou
Ur has been signed by the leaning- arms In
the wool trade and distributed widely
throughout lha woolgrowlng gectlong of. the
country :
For many years past ths wool merensnta
of the I'nlted States hava mads Ineffectual
efforts to indues tha woolgrowers to Im
prove their methods In preparing wool for
market. One of tha principal abuses Is tha
tying up of fleec-s with sisal twine, or ao
rallrd binder twlna. Tha loose fiber from
the twine rllnge to the wool through all
the processes of manufacture, and causes
Imperfect goods, with consequent loss.
"We believe If this serious matter la
called to ths attrntioa of growers they will
CO-operate with the dealers and discontinue
the practice of tvlng their wool with such
twins ss Is described, thereby putting Amer
ican, wools In closer competition with those
of foreign countries,
Tft hereby agree to at ones notify all
oar correepondents and buyers In the fleece
wool section that wa ahaU not accept wool
tied with steal twine, nor wool thst Is tied
with an andua amount of siring aa raar
chaa table."
WHEAT DFMANK IS NOT M BRIK
Market Affected by Keeoinpllon a Activi
ties ka China.
Wheat prices were firm la lha country
and locally yeaterday. but tba market waa
somewhat quieter than It has been. A slack
ening op In the Oriental flour demand, dua
to the renewed hostilities In North China,
was given aa the reason foe ths slower de
mand for wheat here. Prices hava been
put above tha European export basis, and
with tha stimulation of Asiatic flour ordsrs
withdrawn, several of ths wheat buyers
have retired Trora ths msrket. Growers are
still firm holders and wheat cannot ba
bought ander tha prtcea lately paid.
There were no new developments In tha
other cereals.
Weekly foreign wheat shipments wera a
follows:
This vk. lt wk. lJt yr.
Argentina .... 1lf, . f?'v2S2
iVdVa ....'."... S-V'hh. -si.iouo l.Ko'.ono
Local receipts. In cars, wera reported by
th
Merchants Excnange as "
u v . . ueeiev Flour Oats Hay
Mondav ...
Tueedav
Wednesday
Thursday
ss ::! 4
H
3
1
a
19
1B70
1TU1
Friday
I'J
7.
m 1
ir.Ti wis
134! 6-1
Year
ago
.1
Season to date.ll 2M
Year ago .... 4'U
OT rMIIGH KteO FOR LOCAL TRADE
Iron! Mrrrl Market Is (Ureas; at St
Crate.
The egg market was strong yeaterday at
31 cents. Tha retail demand waa heavy and
buyers cleaned up supplies early. Receipts
this week have been meager.
roultrv s"ur.plles wars moderate and prices
continued firm. The local -demand for
chickens, however, was not aa brisk as sar
ller tn tha week, but shipping orders took
esra of a part of the receipts. Only a few
ducks can is In and tbey wera quickly taken
up at high prices.
Dressed mest receipts were small and
pricee were firm.
Vnrhanged coodltlona wera teportcd la tha
butter and cheeee markets.
4PPU-K OCT Or GROWER' H1M
rteraere Marks Are Irmly He4d n-d Market
la Active.
Apple supplies In tha country are being
fs.t taken out of growers hands and only
a few vmall lots here and thsrs remain un
told. Storage stocks at all polnta ara firmly
e.L The local demand la good and tha
market Is In very satisfactory shape.
Tha lemon market Is firm. It la almost
Impossible to buy good sited oranges In
California.
Vegetables of all kinds were In good aup
plv and eteadj. A shipment of Los Angeles
sweet potatoes. In boxes, arrived and offered
at "' cents a pound.
Rank Clearing.
Bank clearings cf the Northwestern cities
yesterday were as follows:
Clearing. Balances.
Portland Il.Ul.i-ti $ i.4
Seattle l."V7t KtlVrt.1
T acorn. w.-..7i o:lll
S-pottane !J.2ui M.TOo
PORTLAD MAXjrTS-
Grain. Flew, reed. Kta,
WH K AT Track prices: Bluest era. SSe:
cl.it. :r; rd Russian, tic; Valley. Me;
forrv-fold. tl c.
FLOUR Patents. J4.S& per barre. .
strsights. $4 ': sxporta. fS-Sr; Vatlsy. tt-ft;
-,..., ti AS whole wbaaC S4.S.
Vf I
micJlinga rolled barley. U.
BAPI-EY Whole. (40 per ton.
CORN Nsw. whole. i : eracksd.
tt:
aid whole. cracked. 1T.
oT Xa I white. Pr ton.
HAT No. 1 Eastern Oregoa timothy. flT
It: No. 1 Valley. tlS91: alfalfa. 19
11; c'.orer, 112. grain. tl2 01S.
Tsajstaakss aa rrmtta.
TROPICAL rRCITS--rangee. aavsia.
tS.T.Qt; Jspsnesa. tl " P' bundle; Cali
fornia grapefruit. SS.&0O4; Florida grape
fruit $i-7o: bananas. tOttx 9 :
lemons. 14 w 4.50 par box.
FRESH rRUlTS Almerla ST a pes.
per barrel; cranberries, flu all. par bar-
"pOTATOEH Buying prtcea: Burbanka,
POc tttl.xu per hundred: sweet potatoes.
$3ti 3.25 per crate. ... .
VKUKTABl.k? Artichokes, tl 15 Pr -en:
beans litfUHc; cabbaga mlt P,r
pound: cauliflower, fiio lerr crate; cil
ery. t3.2i per crate; cucumbers. tlj
per doaea: eggplant. 1ISO par
garlic, 810e per pound; lettuce. i.R
per crate, hothouse lettuce, S"ctJi Pp
box: peppers. I2"e per pound; pump
kins 101H per pound: radlsbaa. J5o par
dosen: sprouts, tc: squash. lVtJIHo per
pound: tomatoea. per box.
ON:ONH Aoclatlon price. II Pr aarx.
PACK VEtJETAKl.ES Turnips. $12 par
ssrk. rulsbasas. 1.26. carrots, tl.ie; par
snips, tl ; teets. 11.60.
APfLEd Fanoy Roma Peauty. 1X80 par
bog; choice Roma Beauty. t2: fancy Tetlow
Newtown. t2.60: fancy Spltsanbergs.
Delawara Red. tl.78; Wlneeap. 62: Nortbera
Fpy. 160; Baldwin. l.ou2: Bea Davla,
ti.il
Dairy aad Csaatry r rod ace.
BUTTER Oregoa creamety bottsr. soi'4
rsck. tc: prints, extra; battarfat.
v b. Portland.
EOG Fresh Oregon ranch, candlao.
tic per dosen. . .
CHEESE Fresh Tillamook flta He.
Toung Americas. 10c.
PORK Fancy. mme Pr pound.
VF.AL Keacy. llltdHl Per pound.
POULTRY Hena. in t 14c: 8pr Ings. lty
ISSc; ducga. young, ic; geese, lC
keys. live. ISc; dressed: choice. c.
Btanla Cl
. . LMirniH tails.
nii per dosen; 1-pound til. -pouad
fiats. tt-aO! Aiasaa pink, l-pooad
"cOryKeRoasied. ta drams. It, 9 40a
KrTSWslnuts. IS91t pr voanA:
Brail ruts. I4ltc; nlbena. 14oMe. al
rtonda. lT21o; pecans itc; eocoanuUL oa
II par dosen: chestnuts. 12o per pooad.
hickory nuts SO 10c per pound. .
HONEY Choice, tt J6 per case; strained
honey. lOo per pound.
ALT Granulated, lit per toai nair
gronnd. loos. ts. per ton; BOB. Pr ,0"-
BEAN8 Bmall white. 44,o: large whlta.
Hc: Lima. tl. P& stic; Maxlcang. tatos
bayou. 6c .
RICE No. 1 Japan. I e: cheaper gradas.
44.91c: Bouthern bead. 69'o.
til (JAR Dry granulated. 64.15: fruit Bnd
berry. t-16; Honolulu plantation. 14.10: beet.
IS.S; extra C. powdered, barrels.
4.4o: rubes, barrels. l.Ri.
DRIED FRUITS Applea 14o par poond!
apricots I91tHc; peaches. 129li
prunes. Italian. 10S9104C; silver. Itc; BgJ.
whlta aad black. 9Te: currants. 10 c,
11c: raisins. loose, lauscatsl. tlHl
bleached Thompson. 11 sc: unbleached Sul
tanas, lite; seeded. TCIHo; dates. Psr
glaa. I we par ik.: Fard. tLtv par baa.
HAMS 10 to 11 pounds. 18 91o; II to 14
pounds, ltfjloc; 14 to It pounds. lt9o:
It to It pounds. 14H915Hc: skinned. 1;
picnics. 11c: cottage roll. ISO.
LARD Kettle rendered. tlereea.
tubs. 12o; standsrd Heroes, llSe: tubs.
11 e: ahortening. tierces. sve: tubs. .
BACON Fslncy. 24c; standard. 2u;
choice. lVc; English. 16H91c
DRY SALT CURED Regulsr short clsars.
dry salt, HSc; smoked. 13c: short clesr.
backs, li to 16 lbs. dry salt. 12Ho; smoked.
14c; short clesr backs. 10 to 20 lbs., dry
as it. Use: smokeo, 1.1c; Oregoa exports,
dry salt. 13c: smoked. 14c.
HEAVY RUN OF CATTLE
LARGE PART OP THE RKCEIPTS
GO OX TO THE SOCXD. '
Bulk of Uie ArriYals Are I-oni Wy
oming Strra and Cows Stead)-.
Hog Nickel Higher.
There was a big run of livestock at tha
yards yasterdsy. 47 cars all told, but II
cars, one of hogs and tha rest of cattle,
wsnt on to ths Sound. Tha stock left for
tha local market waa worked off for tha
most part at unchanged prices. Thirty-two
cars of tha cattle received cams from Idaho
and Wyoming, and eight cars of hogs wars
from Nebraska.
A carload of choice steers brought $.1S
snd other good-atsed lota sold at IS.S& and
The best cows sold at IS and 13.20.
Hogs brought a nickel better than Thurs
days price, two loada aelllng at 14.00.
Hravlee moved at 6.
Recelpta yeaterday wera T1 cattle and
IT4 hogs
Shippers were M. H.. Paully. Sage. Wjro..
It cars of csttls; Bert Hsnney. Sage. Wyo..
; csrs of rsttle; Frank (Jrlce, Blarkfoot and
Idaho Falls. Idaho. 11 cars of rattle and 1
of hoga: Stevene tc Marks. Pendleton. 1 car
of rattle: Phllllpe a Colemsn. Nampa. I
cars of cattle; Sanders at La Due. Dillon.
Mont., t cars of cattle, and Henllne A Son.
.Nebraska. S cars of hogs.
The day's sales wsrs ss follows:
Weight. Price.
:l bulla "
II. IS
steers 11-1
5 4
S.tHI
4.40
2 00
4.00
S (0
a. SO
4.76
3.S0
1.60
2.7S
s ri
i:m
;...
L 1
S.7S
s.o
z.m
t.li
t 00
t.oo
4. IS
4..1
SCO
4 IS
3.40
1 .'.1
4
11 cows
. ISM
1 1 cow s .
J bulls ..
1 bull ..
IS cows . .
It steers
1 steer .
S cows . .
1 bulls . .
1 bull ..
2 bulls ..
4 cows .
5 cows . .
2 I cos .
2 cows
5t steers
1 steers .
.1 ateers .
2 ateers
2 steers .
i ateera .
; ateers .
I ateer . .
I eteers .
1 steer ..
JO cows ..
107J
Ui
1J1I
i:
i:i
1 ISO
tis
iii
14"
1:75
3
174
V7l
:s
1104
1-.-1J
llil
is:m
7
i:3
i:
117
1144
r.'to
7i
1444
3S
ISl
147
:.o
!!
21
;
cows
:9
21 cow a
1 bull
I bull
l h.Ve
14 hoga
17 hogs
71 hoes
4. in
too
4 40
191
Ths rangs of prices at tha yards waa aa
follows:
Csttls
Choice stsers
tlood to choice steers ..
t'holcs cows
Oood to choice cows.....
Choice apayed heifers .,
Good to choice heifers ..
Choice bulls
Oood to choirs bulls ....
Choice calves
Oood to choice calves ...
Hoas
Choice to light hogs ....
Hood to choice hoga .....
bmooth heavy hugs
Sheep
Choice yesrllng wsthers
Choice killing awes
Choice lambs
Oood to choice lambs ....
Culls ...v.
13 tS9(l 10
.... 3.(10 u 6 76
. ... 4.0"t 5.M
i :S J 4 50
.... t 139 3 SO
.... 6 00 4 6 23
.... 259 4.50
. . . . 4 00 M 4 '.'3
.... Y50IS 100
.... t-76t T.OO
.... t.419 4 40
. ... t Ootf .13
.... 6.76 9 6.00
.... 4 0e 4 Tt
.... 4.00 4 2S
... . 6 00O 600
.... 4Ki 4.73
.... a.7i 4.0U
klcage Uvratark Market.
CHICAOO. Jan. 20. Cattle Receipts,
4"Vl: msrket. alow. Heevea. 44.70 tS. 40;
Texas ateers. I4.4v9S.73: Western ateers.
4rief7: Blockers snd ft-edera t3.A0ift3.Uv:
cows and half era t-.lvwt.U3l calvea.
Hogs Receipts. .nii0; msrket. slow to
3c to lur lower. Light, 63.13 u 0. 10; mixed.
.-..-.! US'!. hav. 3J-ill.3:4, rough.
-. Won.o5; pigs. 64.11 a 3-40; bulk of sales.
ghep Receipts. 12.040; msrket. weak to
toe to :Hr lower. Nstlve. 1.1.1394 75: West
ern. f3.3A9s.73-. y-arllnga. t4.8693.0o;
lambs, native. f.40w.M); Western. KWltf
d.sO.
Omalia) Uvcatork Market.
OwAHA. Jan. 2- Cattle Receipts. 400;
market, alow to weaker. N.itlve sierra.
7 70 cows snd helfera. f.t.sti9a. Western
steers 63O40; Texss steers. 63. ft.-.. 30;
range cows snd heifers, f.tw.: cannera. I. ' 30
ain't atockers and le-ders. fX30-2:.:
calves. 63 73 9 7. TS: bulls, stags, etc. 63.30 9
5.30
Hogs Receipts. KoOcl- msrket. steady tn
SBl"C lower. He.wv. IS. mlx.d. I.1.S5
j H.o.v light. 6V f 9''3: piga. 64.2J &.60;
bu k of .s. 6.vyt;"6.
hhee Receipts. 4l"": market, slnw. low
er. Vcarltnra. t7.-.'.50; werhera. 1104.30;
ewes. 6 C-;.Q 4.:3; ismi.a. 6V3C9B..3.
Hops at New York,
MW TORE. Jan. ft Hops Firm.
SHARP BEAR ATTACK
Stock Market Weakened After
Irregular Opening.
ST. PAUL DIVIDEND LOWER
Bidding Cp of Reading and Great
Northern Iads to Belief of
Concealed Selling Elsewhere.
Tobacco Issnes Soar.
NEW YORK. Jan. 1. An aggreaalve bear
attack weakened the stock market today
aftsr an Irregular opening In hlch soma
stocks reglatered aubstsntlal gains.
Tha rsductlon In the St. Paul dividend
cava bear tradsra thslr opportunity, and
they ware hslpsd by a drop of mora than
1 polnta In tha stock In London before tna
opening hour. . .
Reading and Great Northern preferred
rose strongly at tha outsat, but profes
sional traders, taking tha ground that tha
bidding up of thoaa stocka was for ths pur
poss of concealing aelllng elaewhere. at
tacked the whole liat and prices yielded la
every direction. Most of ths leading Is
sues ware depressed a point or so below
yestsrdays doss.
Apparently there was little liquidation In
St. PauL holders of tha stock hsvlng boon
warned well la advance of tha dividend re
duction. Tha fluotuatlona wera not largo
and tha net loss was a point.
Speculation In tha tobacco stocks was un
abated. American Tobacco Jumped 17
polnta and other Issues from 6 to 10 points.
American Snuff, which was listed on tha
exchange yestsrday. sold first todsy at 110
and then advanced to 141. The price Is In
ths neighborhood of 100 points below tha
B notation of this stock, prior to the disso
lution of the American Tobacco Company.
The unusual activity In Lackawana. which
rose 10 points, was explained by the an
nouncement of the proposal to Issus fll.
604.000 of new common stock.
New York Central also dlaplared un
wonted activity, and Ita lias of 2 points
also made It the feature of the lata trad
ing. Foreign exchange rates advanced and mora
loans wera plaoed abroad.
In ths domestic market there was vlr
tuslly no demand for money. Estimates of
the week's currency movement ludlcsted that
ths unwleldly accumulation of cash at this
center would be enlarged. Tha Inflow of
money from tha Interior was continued, and
a cash rain of 111.000.400 to 14.0Ov.OOO la
Indicated.
Tha week's bank exchanges tn the prin
cipal cities of the country ehow a gain of
I per cent over last year, although they were
II per cent smaller than In tha correspond
ing week of 1910.
Trsdlng la tha bond market was somewhat
smaller than during tha recent days of un
uausl activity. Prices wera mixed, with
moat Issues showing Improvement. Total
sales, psr value. 61. 711.000. United States
bonds wera unchanged on call.
CLObINU STOCK QUOTATIONS.
doing
Sales. High. Low. LU4.
Allls Chal pf 7
Amah Copper .. 3.2'0 11414 63 S 04
Am Agrlcult ... 1.4H 0U til1 til'a
Am Beet Sugar. 3 60S 00 W
American Can 1.000 1-!S l-"
Am Car Fdy. 1.400 32 614 31V
Am Cotton Oil.. 2.400 61 48V .'"
Am Kd Lt pf -1
Am Ice becun.. 1.0OV 2Va lta 20
Am Linseed 10
Am Locomotive 34 Va
Am Smel Rcf 9H 724 7lto 71H
do preferred. 1U3 'x
Am Steel Fdy.. 300 30 30 ill's
Am Sugar Hef.. l.Ptio 117 115, 116V
Am Tel aV Tel.. 1.3t 14 140 14UV
Am Tobacco pf. 1.0 VO loH lU7i 107S
Am Woolen ... -7
Anaconda it Co 1.00 33i a.'i. 3U
Alchlaon B.lOv loS lOSis luUV
do preferred 103V
All Cosst Line. Soo 13'1's 13tl l:m
Bait sv Ohio ... 7 H'ji, ltBV 10314
ltethlehem Steel 1. 8 -J 31V
llrook II Trsn.. 2.4'X) 7fiV "OH 7V
Canadian Pac.. OtiO 232V 231V 231V
Central Leather 100 1V 1V 1'V
do preferred.. ...... ..... ..... 87
Central of N J S-1-
Ches a Ohio ... 1.20O 73 71V 7-V
Chicago & Alton ' 23
Chi Gt West 17 T4
do preferred.. 2o 30 35 H 35V
Chlragj A N V S',14H4 141V 141
c. M St I'sul. IS.600 lus 107 1074
C, C, C t Si L BO
Col Fuel at Iron 10O 20 '4 -'O'i 20
Col Southern 44
'.-onsol Oaa 1.400 l.I4 M1l4 13l4
Corn Producea. 4oO 10V 10V 10
te at Hudaon.. 400- 172H 172 172
r R Urande.. 10" 22 22 22V
do preferred.. 10o 45 4 44V
manners' becur 3..M") .".2 31V 32 V
Erie 2.bt0 31V 30V 30T4
do 1st pf .... 400 51V 51V ft'V
do 2d pf .... 2K 41V 41 V
Oen Electric ... 20O 33'.i'4 1&4 l."H4
Ot North Pf ... 12.0OO 131V 12UV 330
Gt North Ore .. 200 41 V 41 41
Illinois Central. loo 141 141 140
lnterbor Ml .. 2.000 1SV 17'4 1'
do preferred.. 4.7" 57 V 50 57
Inter Harvester. 2u0 10SV 108V 108
Inter Marine pf 20V
lnt Paper 2.900 10V V 10V
Int Pump 30
Iowa Central 12V
K C S iuthern.. 100 27 2" 2H V
do preferred. ." f!2T4
Laclede Gas ... 2O0 K'7 loV H'OV
I.uis Nush.. f-00 152H 152 131 V
Minn & St I. 0
M. S V a S S M 20 1S2V 132 132
Mo. Kan A Tex. 800 2HV 28 27V
do preferred. t3 V
Mo Pnrlflo .... l.Sllrt 40 .1lS SUV
Nnt M'.acult 400 147 14V H"V
N.-ttlonal Lend .. 3N 54 33 '4 53
N Ry Mex 2 pf. 1.40O 34V 34'i 84V
N Y Central ... 32.100 110V 108V HV
X Y. Ont Wes 31
Norfolk West 2.-X 1"V ion loV
North Amerlrsn I.400 7V 7SH 7V
Northern Pao .. .1'1 11V HV 1lT"i
T'arinr Mall 2" 3''V 30 V 30 V
Pennsylvania ... 3.301 124V 124, 124
People's Gaa ... Hh lrt.1V 10.1V 115V
P C C St I... IOO ItHlV IIX'V 110V
T'ittaburg Coal. IOO It IN 17V
Preased S Car..' 10O 32V 32V .".2
Pull Pal Car 100
Ky Steel Spring- 20O 30 30 2V
Heading 7.aoO 157V 155V- 15'4
Kepubllc Steel 1.80O 25 V 23 24 V
do preferred.. 30O S4 V 4V t4
Rock Island Co. 1.3v ss SIS 24
do preferred.. OOO 51V 50V 81
St I. 8 K 2 Pf 3O0 41 40V "H
St I. Southwest. 30
do preferred 70
Sloaa Sheffield .. 1 41 41 41
Southern Pac .. 2.4 110V K'V H'
Southern Ry ... 110 2 V 2V 2
do preferred.. 40 7ov 70 60S
Tenn Copper . loo 37V 37 V .171
Texaa Pacific oO 22 V 22V 22
Tol. St L Wea 3iO 13V "H
do preferred.. 4O0 .14 V V 3V
Union Pacific .. 6.o l'!7V lov-l7V
do preferred.. 1O0 l2 02 2
tT K Realty too sv V '4
V S Rubber ... 200 4V 40V 4V
U S Steel S.300 WV 5V 1
do preferred.. too 111V HIV HIV
ftah Copper ... 3."0 53V 34V M
Va Caro Cham .. 2.loO 37V 5 6V
Wabash .t 3o 74 7 7
do preferred.. 200 17 V 17 V
Weatern Md ... 3l 72 71 V 72
W-attng F.leo .. r 72 71V -2
Weatern Union . 600 SSV 83 83
LehighVallPy ".I Va'son j4V if;' 1SV
Chino Copper .. I.too 2V 2 4 25 v
Ray Conaola ... 1.7o0 17V
Am Tobscco ... 4.100 278 I2 282
Total sales for ths day. 47.00 shares.
BONDS.
Furnished by Overbeck Cooks Co., of
Portland.
Amrr Tel Tel conr 4a 10P. 110V
American Tobacco 4s .Br" ,!T'
American Tobacco a 121V 121V
Atchison general 4 JJJV JJJ4
Atchison oonv 4s ,S?iT
Alchlaon adj 4s stamped I0..V 10TV
Atchison coot fis Bl V )'J
Atlantic Coast I.lna cons 4s.... 108 lot
At Coast Line "L aV N coir' 4a. 3 WT4
Haltlmoro at Ohio 3V 5V )-
Baltimore Ohio 4a H2V 2 V
Brooklyn Rapid Transit 4s 9V 8V
( ana, la Southern flrat 3 83V J
Chesapeake Ohio 4 a 1JS 10 K
r R 4 Q gen mil 4s 101 V 101 V
C B si y Ills 4s 7V
CBODenver4 1"0 loOV
Central Pacific first 4 V BV
Chicago East Ills 4s tl tl V
Chlcsio R I P ref 4a 0 0V
Chlcuso R I P ref 4s KO 0V
Chlrsio R I 44 P Col trust 4a.. 72 72V
Colorado 44 Southern flrat 4s . . 0 wj
V
Denver A Rio C.randa 4S
89 V P0V
Pel Hudson coot tm .
Erie flrat cons P 1. 4s .
Int Met 4 Vs
S9V 00
8V hH
82 V 83
87 V 84
Japanese 4a
.1
oanesejlrat 4V n? V V
Jura
o.e.e-.'.e.-ond 4 Us f.... P2V "3
.ouiKVlllo a Nashville unl 4S... l'V
Mo Kan a Tex 4Vs V
Missouri Psciflc 4s 7JV t4
New York Csntral SHs 87 V 8S
New York Central ki 6V .... 84V 66V
Ve Vrtrb CltV 4
IMS 5
107V 107V
SV
K)S 100
4V 5
lOOV 100V
, 69V "0
94 94V
, 94V rtV
1113 103V
. 84 V 87V
, 98V 98V
102 V 13
, 9.1V 3"4
92 92 V
78V 79
SOV 8V
10lV 1
102V 12
97 V " V
103 V 104
100 1O0V
IOO 100V
101V 102'4
lOlV 102V
113V
113V H4
ti '
7S w
.10 .10 V
98 V Oil '4
92 V 2V
100 V loo
New York City 4Va of 1B57...
Norfolk at Western 4s
Norfolk a West conv 4
N Y Ont W 4s
Northern Psciflc P L 4s
Northern Pacific 3s ..........
Oregon Short Line 4s
Oregon Ry 44 Nav 4s .........
Penna Ry 4" of 1948
I'hillppins Railway 4s
Reading general 4a
Republic of Cuba 5a
Southern Pacific first ref 4s . .
Southern Pacific col 4s
Southern Railway 4s
St L & H F ref 4s
Union Pacific first 4s
Union Pacific conv 4s
Union Pacific ref 4s
United statea Steel S F Bj....
United Statee 2s registered....
United States 2s coupon.......
United States 3s registered....
United States 8s coupon.......
United Ststes 4s registered....
United Ststes 4s coupon
United Hallway 8 F 4s
I'nlted Rsllwsy St L 4s
Wahah flrat 4S
Western Union 4Vs
Wisconsin Centrsl 4s
West Shore 4a
Slocks at Boston.
BOSTON. Jan. 21. Closing quotations:
Allouex 40V'Mlaml Copper... 84V
Am Cop ex-dlv. 04 ! Mohawk ex-dlv.. MV
A 7. L A Sm... 2.1 N'vada Con .... 1V
A V L Sm... 2.1 iNlplaalng Mines. bV
B C C S M. 3V Norm Hutte. -4
Butte Coalition. 22ViNorth Lake t
Cal dt Arlxona.. OOV.Old Dominion .
Cai & Heela. .. .4-" ii.aceoi- i-r
Centennlal 19 Qulncy 7JJ
. n r w. IcHannon ....... V ym
l.UT) nan V oil vo '
B tutte Cop M. 12V, Superior
Franklin 12 Sup 44 Bos Mill.. 4V
Glroux Con 4 V Tamarack ..... . 29
Oranby Con ... ,U 8 S R M... 34V
Greene Canines. 8VI do preferred... 47V
1 Royallo Cop) 21V, Utah Con
Kerr Lake...... 2v'utah Copper Co 53
Lake Copper S3VWlnona J
La Salle Copper SV. Wolverine
Money. Exchanae, Etc.
NEW YORK. Jan. 28. Money on call
steady, 22V P'r cent; ruling rate, 2V;
closing bid; 2; offered at 2V.
Time loans stesdy; days. 22V per
cent; 80 days. 2V3 per cent; six months.
3j3V per cent
Prime mercantile paper. 8V to 4 per cent.
Sterling exchange flrrn. with actual btisl
neas In bankers' bills at $4.8423 for 60-day
bills and at 64.8755 for demand.
Commercial bills. 64.13 V-
Har silver. 57 Vc
Mexlrsn dollara. 47c.
Government bonds steady; railroad bonds
Irregular.
LONDON. Jan. 2. Bar sliver. 26 9-lrtd;
money. 8 V 93V Pr cent. The rate of dis
count In tho open market for short bills. Is
SVTf3 13-10 per cent; for three months'
bills. 3 11-10 per cent,
PAN FRANCISCO. Jan. 26. Sterling on
London. 60 days. 64.84V: do, sight. 64.87V.
Drafts Sight. 6c: telegraph. 7Vc
Bank Clearings.
NEW YORK. Jan. 24. Bradatreefs bank
clearings report for the week ending Janu
ary 26 shows an sggregate of 11.104. S7S.0OO.
aa against 13.471.743.(100 last week and II.
S07.1 71,000 la the corresponding week laat
year. ' ,
P. C. Inc.
New York l.91.ll.O00 2.7
Chicago 2M0.0S0.00O 1.7
Boaton 1.OI4.000 2.11
Philadelphia J48.8S3.000 4.4
St. Louie 74.IS7.0OO "1.8
Kanaaa City 52.41,000 4.2
I'lttaburg 50. SOS. 000 4.3
San Kranclaco 48.4S1.0OO 19. 1
Baltimore 34.084.000 1.2
Cincinnati 25.415.00O '2.8
Minneapolis 17,421.000 7.
New Orleana 2S.240.O00 !.t
Cleveland 20.SSU.OoO 17. J
Detroit 18.75O.0OO l.t
Los Angeles 20.933.000 28. 6
Omshtt 15,108,000 6.0
Milwaukee 12..000 .0
Loulavllle . 14.SM.000 '3.1
Atlanta 14.233.000 '11.0
Portland. Or. O.lftct.OOO I I
Seattle t.461.000 S.l
St. pu 10.001,000 4.8
Buffalo 12.804.000 38.2
Denver ,571.0')0 .7
Indianopolls 7.124.000 19.
Providencs 19.47.0"0 3.0
Richmond 9.532.000 1 0.9
Washington. D. C. 7.402.000 4.2
Memphis 8. 500.000 3.0
St. Joeeph 8.I15.O00 12.1
Salt Lake City 8.0.000 23.7
Fort Worth t.831.000 4.0
Alhanv 7.247. 000 13.5
Columbus B.444.000 -17.4
Savannah 5.470.000 22.4
Toledo 4.810. 000 4.7
Nashville 5.026.0(10 3.0
Hartford 4.13.1.000 1.5
Spokane, Wash 3.911.000 2.0
Tacnma 8.S92.00O '4.3
Dululh -- 2.7S4.0MO- .!
Oakland. Cal 3.842.000 14.5
Sacramento, Cal. 1.18.1.000 '1.0
Houston 38. 041.000 42.0
Galveston 18.181,000 24.0
Decrcsse.
Metal Markets.
NEW YORK. Jan. 26. Standard copper
dull. Spot. January. February, March. April
and May. 13.75t(14c. London, steady. Spot,
f61 18a 9d: futures. !" 15s. Arrivals re
ported at New York today, 010 tons. Cu-tom-Houae
returna show exports of 24.019
tons so fsr this month. Lake copper. 14 V tt
14Sc: casting. 13V?14Vo: electrolytic. 14V
it 1 4 V c.
Tin steady. Spot and January. 43.25ii
43.75c; February. 4254j 42.7.ic: March. 420
42 5oc; April and May. 41.76tf42.25c. Lon
don firm. Spot. 19.1; futures. 191.
Lead dull. 4.40 4.30c New York and 4.S0
t4.3.ic Eaet St. Louis. London, 18 12 t)d.
Spelter dull. 6.3.HJ6.B5C New York and
0 2" 'a 0.40c East St. Louis. London. 20
7s 6d.
Antimony dull. Cookson's, 7.R7Vc.
Iron Cleveland warrants. 4&s 10 Vd In
London. Locally Iron was quiet. No. 1
foundry Northern. I14.75W13; No. 2, 614.50
it 14.75: No. 1 Southern and No. 1 Southern
soft. 614.25 g 14.75.
Condition of the Treasury.
WASHINGTON. Jan. 26. At the begin
ning of bualneaa today the condition of the
United Staes Treasury was:
Working balance In Treaaury of
fices " Rfl.61fi.2Sl
In banks and Philippine Treasury 34.732.923
Total of tho general fund 119.133.433
Receipts yesterday were 2.145. 161
Disbursements yesterday were. . 2.771.311
The deficit to data this fiscal year Is 626.
539.714. as sgalnst a deficit of I8.582.761 at
thla time laat year.
These figures exclude Panama Canal and
public debt transactions.
Naval Stores.
SAVANNAH. Oa.. Jan. 20. Turpentine,
firm. 47c; sales. 566; shipments, 424; stocks,
28.500.
Rosin firm: sslrs. 2400; receipts. 1200;
shlpmsnts, 644: stocks. 124.000. Quote: B.
to. 30: D. .35; E. 6.40.B5: F. 66.48a
0.57 V: Q. 6n.4o 66.60: H. S.45?J 6.02 V: I,
60.45: K. 8094: M. 67.24); N, 67.2i; WG.
67.35; WW. 7.43. -
Dried Fruit at New York.
NEW YORK, Jan. 2D. Evaporated apples
quiet and featureless, with prices unchanged.
On the spot, fancy are quoted at lOV.dr
lOVc; choice, V6 9Vc; prtme, 8V?Vc
prunes Inactive and pricee easy, with
some selling. Quotations range from 5c to
1.14c for Callfornlas up to 30-4OS and 10V
ij 12c for Oregons.
Peaches Insctlve. steady. Choice, UHc;
extra choice. llVdl-'c; fancy. 12V12Vc
Coffee aad Sugar.
NEW YORK, Jan. 20. Coffee closed nt a
net gain of 841 7 points. Sales, 2707 bags.
January. 12.64c; February. 12.39c: March.
April. Msv. 12.74c: June. 12.7.1c; July. 12.77c;
Auguat snd September. 12.78c; November,
12.tou; December. 12.05c
Spot coffee steady; Rio No. 7, ISVc; Pan
tos No. 4, 15 Vc. Mild coffee quiet. Cor
dova. 15 V 17 Ve. nominal.
Raw sugar steady; Muscovado, 89 test,
S 89c; centrlfugsl. 90 test. 4.39c: molasaea
sugar. e9 teat. 3.64c; refined alead).
Street paving
is a science.
Be consistently
scientific by
working
for bitulithic
ORDERS ARE LARGER
Trading in Dry Goods Market
Shows Expansion.
WOOLENS MOVING FREELY
Dress Goods and Silks In More Lib
eral Request Footwear Bayers
Operate on a Larger Scale
at Boston.
NEW YORK. Jan. 26. R. G. Dun & Co. s
weekly review of trade tomorrow will ay-
The situation in buainess Is mixed ana
varied. While there Is a lessened demand
for Iron and steel products a natural I re
action from the November and December
activity the volume of business la weu
maintained In spite of the falling- off In
new railroad buying. ,-.
New business includes additional orders
for about 200.000 tons of rails. There la
under negotiation In Eastern markets- 60,000
tons of plates and shapes for vessels, ana
contracts have been placed for two large
freighters for delivery on the lakes next
. -1 1- ..in - lack of confl-
oummer. auoio .
dence in tha trade. And consumers. In any
instance-, restrict purchases to - immecuate
need. Price are slightly irregular.
Trading in the arygooaa
. . 1 .1.1. -..- T)rnR.na
noticeaDie expaDtiiun t.i- " " ,
for cotton ffoods was more reneral, and while
there waa some tendency toward conserv
atism, there was ood Duying; in an .La
dard lines and little or no complaint waa
. . 11 ..-. v 4s-si 1 nnonui trade
Is holdintr up steadily, but bids from Chba
are too low to inauce ouimw. -
trading; Is trood in small lots.
i wamTom inbbera reoort
in WWIOU nu""t
improved conditions and are buying more
. .. . . . Irate Tn AVafe
rreeiy in me primary , .
coatinjes, Chlnchillaa, Shetlands and mixed
. i i- haina- wll taken. New
rouRh mixed and rough fancies are being;
well taken. New rougn wouiu , .
Ings are ordered a.nd some mills have closed
up and withdrawn.
In dress goods, the demand for nearby
shipping of serges, whipcords and fancies la
noticeable. Silks are in more liberal re
quest, and both cotton and woolen yarns
are In fair demand-
Visiting footwear buyers have operated lib
erally in Spring and Summer goods In the
Boston market, and a fair business Is being
received through traveling salesmen.
Leather la irregular In demand. Hides are
firm.
GOOD WEATHER HELPS BUSINESS
Jobbing and Retail Lines Report Improve
ment. NEW YORK. Jan. 26. Bradstreets to
morrow will say:
Favorable weather has facilitated busi
ness operations, especially in jobbing and
retail lines, which report more or less im
provement. But on the whole, trading is
characterized by small-lot ' buying and con
servatism Is very conspicuous, particularly
in the farming sections. It 1 conceded
trade will be late in developing later than
usual In fact.
Better weather conditions have enabled
traveling salesmen to get about more readily,
and as a result Jobbers and wholesale houses
have been favored with a fair volume of
mall orders.
The railroads are doing more, thanks to
better weather and to the large movement
of coal. These two factors have reduced
the amount of Idle rolling stock.
Business failures Jn the, United States for
the week ending January 25 were 466,
against Hil last week, 345 in the like week
in 1911. 295 tn 1910. 311 in 1&09 and 358
In 1909. Business failures In Canada for
the week number 37, against 40 last week,
and 33 In the corresponding week of last
year.
Wheat (including flour) exports from the
United States and Canada for the week
ending January 25 aggregated 3.043,494 bush
els, against 2.941,579 last week, and 2,132,
531 this week last year.
Corn exports for the week are 1,740,753
bushels, agalnnt 1,462, 38S last week and 1,
831,343 In 1911.
STRENGTH SHOWS IN WOOL MARKET
Activity in Territory in Original Bags at
Boston.
BOSTON. Jan. 2tt. The Commercial Bul
letin wftl say of the wool market tomorrow:
So far as the volume of business transact
ed is concerned, there has been little differ
ence between the current week and the one
one which preceded It, Strength has been
developed, however, in certain grades, such
as B supers, and fine scoured wools have
been more in demand. Considerable origi
nal bag territory wool has been moved.
The strike at Law re nee has held up some
trading, but has not had any marked effect
on the market yet.
J. C. WILSON & CO.
STOCKS. BONDS. C.RAIV AND COTTOIf
MEMBERS
NEW YORK STOCK EXCHANGE.
fiW YUKK COTTON t( HANCK,
CHICAI.O BOARD OF TRADE,
THE ttTOCK AND BOND EitUAJlOE,
BAN i-RANCISCO.
Main Office Mills Bids;.. Kan Franrlseow
Branch Offices Vancouver, rieattle.
Fort land, Los Angrles, baa JJlrgo, Cor.
onado Beach.
PORTLAND OFFICE:
afaln Floor Lumbermen. Bank Building;.
Sth and mark.
Phones Marshall 4120. A-4187.
THE BARBER ASPHALT
PAVING COMPANY .
Constructs Asphalt an a Other Bitu
minous Pavements.
803-608 Kleetrlc Bids;, Portland, Or.
Oakar Hubrr, Manasjer.
TRAVELERS' (.CIUE.
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
Prinz Kredrich Wilhelm Tues.,Feb. 6
Ivronprinz Wilhelm .... Tues., Feb. 13
George Washington Sat. Feb. 24
Trinz Fredrich Wilhelm, Thur., Mar. 7
Mediterranean Sailings.
Prinzess Irene Sat., Feb.10
Berlin (new) Sat., Mar. 2
Cruise to Black Sea and Caucasus,
from Genoa April 28 to May 29
$200 up.
Cruise to Polar Kegious from Brem
en, July 18 to August 15 $125 up.
Independent around the world trips
starting any time, east or west
$618.
Oelrlrha Co., 8 Broad nr. New York.
KOBKKT CAPPELLE. i. A. P. C.
X50 Powell bt Op p. St. Francis Hotel. S. F.
or Local Agents.
Willamette River Route
Boats for Oregon City and Balem. Dallr.
6:46 A. M. (except Sunday).
For Corvallia. Albany and Independence.
6:45 A. H.. Tuesday, Thursday and Saturday.
Office and dock, foot Taylor St.
OREGON CITY TRANS. CO.
1'hons Main 40.
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital - - - $1,000,000.00
Surplus Profits $900,000.00
OFFICERS:
l. c. AnSWonm President. B. W. 1CHMEER, Caaale-,
- R. LEA BARNES, Vice-President.
A. at. WRIGHT. Aaalataat Casbler. W, A. HOLT, Aaalstaat Cashier.
LETTERS OF CREDIT AND TRAVELERS
CHECKS ISSUED NEGOTIABLE EVERYWHERE
DRAFTS DRAWN on all FOREIGN COUNTRIES
Savings Supervision
Government supervision extends over the sav
ings department, as well as the commercial de
partment of the
lumbermens
National Bank
Capital
47c
0 On Savings
LADD & TILTON BANK
Established 1859.
Capital Stock
Surplus and Undivided Profits
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, avail
able in all parts of the world.
OFFICERS
W. M. Ladfl. President. V-." aZ Am"'"'
First National Bank
Capital $1,500,003
Surplus 850,003
Oldest National Bank West of tha
Rocky Mountain!
The Ccinadian Bank of Commerce
INCORiHIRATlsn 188T.
tie.. OMlcTorto, Ca.ada. K-w Vork-l Bach.... Pla-s.
Loadoa 3 Lombard Street.
fcao-lDaT business traosactsd.
Interest allowed oil Time anC Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MALPAS. Manacer.
. White Star Line
X- raw YORK PLYMOUTH CHKHBOIT C-OrTUTM
FAST MAIL ROUTE TO ENGLAND oil THE CONTNi.Nl.
qha Lara-est ana lnesi
t.m - ar"Ta I Tsr
"OLYMPIC"
tsrarplnrl V JLi JL .1VX Jl M. V Ft. Ions
s?SrtH" ' f A CARTE RESTAURANT. TURKISH A!t ELECTRIC BATHS,
FRENCH r.A MR "KSIAl ELEVATORS, QYMN ASILM.
IM?BIajrUAH CAi K, PALM COURT, ETC.
WILL 8AII. FROM NEW YORK
- February 21 and March 16
and Regularly Thereafter.
.,,.-, OTAD I IMF Room B. Bailey Bids;.. d and Cherry. Seattle j
"fHITI- b 1 AK lll'tl- or Local Hallway and Steamship Agents.
TRAVELERS QUIP-.
EXPRESS STEAMERS FOB
San Francisco and Los Angeles
WITUOCT CHASGE
8. 8. Rose City Sails 4 P. M. vbirury 1.
KAN I-KANX1SCO a! PORTLAD J. - O
Ticket Office. li Third St.
Phones Main 40Z and A 1402.
San Francisco Los Angeles
and San Diego Direct
E. S. Roanoke and S. S. Elder
Sail Evary Wednesday Alternately at P. U.
NORTH PACIFIC S. S. 00-
Ut I-ia 6t Phones Mala 114. A 1M4.
NEW ZEALAND AND AUSTRALIA
(Union Line of Tf. Z.)
VIA TAHITI AND WELLINGTOX.
Direct through steamers. ;aing from San
Franclrco. Feb. T. March . and every 2
da-rs to Tahiti. Welllneton and Sydney- N.
8 Wales. The line to IMes of the South Seas.
For reeervatlons see Coupon Railroad Agents
or address Hind. Rolph Co., San Francisco.
$1,000,000.00
CORNER FIFTH
AND STARK J
.$1,000,000.00
. 800,000.00
sremcr
Trlnle Screw
ra rm is m m . .
TRAVELERS' GUIDK.
Ask about
"Olympic"
Largest
Finest
Steamer
in the
World.
American
Atlantic Transport
Red Star -White
Star
White Star-Dominion
A. E. IJISNEY,
Room B," Bnlley HldK Second
and Cherry Sta Seottle, or Local
Ky. and Steamabtp Agents.
COOS BAY LINE
STEAMER BREAKWATKi
Calls from Alnsworth Docks. Portland,
P M Try Tuesday. Freight received at
AlBSawth Dock dslly np to 5 P. M. Pas
seager fare, first-class, $10; second-class. V.
Including meala and berth. Ticket office
Alnsworth Dock. Phonaa Main S. Mata
110, A 1234.
i