15
THE 3IORXING OREGONIAN, SATURDAY, SEPTEMBER 21, 1912.
FLOUR PRICE IS CUT
Patents Are Reduced 20 Cents
a Barrel.
NO CHANGE IN EXPORTS
Domestic Grade Is Now lower Than
It Has Been for Several Years. .
Follow Downward Course
of Wheat.
A reduction of SO cents a barrel on patent
flour wai announced yesterday to take effect
thla morning. Quotation! on other grades
are not changed. The decline in the price
of patents la the result of the weaker ten
dency and lower prices prevailing In the
wheat market. At $4.20, the new quotation
for patents, flour Is cheaper than it was
any time last year, or, in fact, for several
years. .
The course of the local patent flour mar
ket for the past four years is shown by
the following list of changes, and the dates
on which they occurred:
September 18. 108 H-7
October 8. 1908 4.80
January 6. 1909 5 00
January 13. 109 5-25
February 12. 1808 5.45
March 3. 1909 8 65
April 15, 1909 6.03
May 15. 1909 6.25
Hentemher 10. 1909 5.10
November 17. 1909 5.70
November 23. 1909 6.00
December 11. 1909
January 4. 1910
January 25. 1910
March 17, 1910
April 21. 1910
Juna 23, 1910
July 23. 1910
October 29. 1910
February 16. 1911
March 3, 1911
April 21, 1911
September 12. 1911
April 11. 1912
April 18. 1912
August 31, 1912
September 21, 1912
6.15
6.33
6.13
S.75
5.75
3.15
.... 5.35
5.15
4.95
4.75
.... 4.95
.... 4.50
4.70
5.10
.... 4.40
4.20
The feeling in the wheat market yester
day was inclined to be weak. Buyers quot-
ed 79 cents as the outside price on club
and were not keen to take hold, even at a
cent less. Tonnage is scarce and this keeps
buying operations at a minimum. More dis
position to sell Is being shown by farmers.
The barley and oats markets were quiet
.and unchanged in price. Weekly foreign
wheat shipments were as follows:
This week. Last week. Last year.
Argentine ..1.120.000 1.175.000 SfiSt.OOO
Australia ... 200.000 56S.0O0 890 000
India 1.7S4.00O L64S.000 552.000
Local receipts, in cars, were reported by
the Merchants" Exchange aa follows:
Wheat Barley Flour Oats Hay
Monday 114 41 9 3 18
Tuesday 145 22 10 20 8
Wednesday l' 12 " J
Thursday 30 8 6 3 1
Friday 88 8 ' 5 4
Year ago 49 5 10 H 13
Season to date.3031 579 4.14 194 403
Year ago 2146 124 594 2.8 682
WASHINGTON HOP CROP 40,000 BALES
Tleld la Heavier Than Was Expected For
eign Markets Finn.
The Washington hop crop is coming down
much heavier than expected. Many of
the yards In Western Washington are yield
ing 75 to 100 per cent more than last year.
Hopmen who have been estimating the crop
of that state lately at 33.000 bales have
now raised their estimates to 40,000, and
It i likely that even thla figure may be
exceeded. There has been no change re
cently In the Oregon estimates, which run
up to 115,000 bales.
No rales were reported in any of the
Coast markets yesterday. Buyers are hold
ing back until quality can be more clearly
determined. The undertone of the mar
ket la firm.
The English and Continental cables re
ceived yesterday reported the foreign mar
kets quiet, but Arm, at unchanged prices.
English growers are unwilling sellers at
current valuations.
London hop dealers" trade circulars re
ceived by mall say in part:
Wild. Neame Co. A few small parcels
of the new crop have reached our market,
showing quality quite up to the average of
first pickings, but at this early period the
demand Is somewhat restricted. The sit
uation In the plantations Is still uncertain
and dependent to a great extent on the
weather conditions of the next two or three
weeks; hops have developed considerably
during the last ten days, but where picking
has commenced it is found the yield is short
of expectations.
Manger A Henley There Is no change to
report In our market. Prices are very
firm for the few remaining 1911a Picking
has already started and will be general to
wards the end of the week.
W. H. & H. LeMay The market continues
exceedingly strong for the few remaining
1911 hops, the exceedingly good quality of
which makes them very desirable stock.
The picking of the new crop will be gen
eral this week.
CHEESE WILL BE ADVANCED MONDAY
Loral Prices Will bT Quoted Halt a Cent
Higher en All cHzea.
The price of Tillamook cheese will be ad
vanced half a cent on all sises Monday
morning. There Is a large demand from
California and also good buying on' the
part of the north. Local stocks are kept
closely sold up.
The butter market is steady, with the
supply and demand about equal.
Eggs continue scarce and very Arm at 3u
cents for the best candled stock.
The poultry market was steady, with
moderate receipts. Hena sold well at 14
615 cents, but there was less demand for
Springs and 14 tj cents was the top. There
was some call for ducks at 12 cents. Tur
keys were not wanted.
More liberal receipts of both veal anil
pork have caused some weakness in these
lines. Top quotations yesterday were 1414
cents on veal and 11 H cents on pork.
PEACHES SELL QriCKXY ON ARRIVAL
Car of Yakima Elbertaa la Disposed of
Early at B0 Cents.
A car of Yakima Elberta peaches was
received yesterday morning and was sold
out la short order at 50 cents. Only a few
amall shipments of Oregon peaches cam
in and these were also quickly disposed of
at the former Arm prices.
A car of Tokay grapes was received from
California In fine shape and met with a
prompt demand. Lug boxes sold at (1.10
and crates at 90 cents. , Other kinds of
grapes were in fair supply and steady.
Apples moved slowly, buyers inquiring
only for good red stock. Other fruits sold
fairly well.
Five cars of bananas arrived in good con
dition. Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were aa follows:
Clearings. Balances.
Portland 11.979.1; 127.33
Seattle l.Nil.219 1S3.373
Tacoma X'6.3C 41.&&9
Spokane S.:i3 43.SJS
rORTLAI MARKETS.
Grain. Flow. Feed. Eta.
WHEAT Track prices: Club. 78879c;
bluestem. 83c: forty-fold. ?9S0c; red Rus
sian. 74?78c: valley, 7usS0c
FLOVR Patents. 14.20 per barrel;
stralgats. (3.WU; exporta t3.60o3.70; Vai
lev, (4.40: graham. (4.40; whole wheat.
(4.00.
M I LL8TCFFS Bran. (23.50 per ton.
shorts. (26; middlings. (32; rolled barley.
MS.
BARLEY Feed. (2 per ton: bra wins
gjt per ton.
CORN Whole. IIS.II; cracked. Xlt.lt
per ton.
HAY No. 1 timothy. (17: oat and retch.
(11: alfalfa. (12.30 813.
OATS Spot. (7.30 3 2S per ton; futures.
(26 4 27 per ton.
Vegetables and Fralte,
FRESn FRUITS Apples, UctlLH per
box; peaches. 40 60c per box; plums, 1
l4e per pound; pears. 75cv?lL2a per box;
grapes, 90c (1.10.
TROPICAL FRUITS Oranges. Valencia.
(44.50; California grapefruit, to: lemons.
(56 50 per box; pineapples. 6c per pound.
MELONS Cantaloupes. (1 per crate; wa
termelons. (11.25 per hundred; Cassabas,
(1.25 per dozen.
ONIONS Walla Walla, TSo per sack:
POTATOES Jobtlng pices: Burbanka
50660c per hundred; sweat potatoes. 2 lie
per pound.
VEGETABLES Artlchokea 65973a per
doxen; beans. 2c: cabbage, lOlHe per
pound: cauliflower, (1 ft 1.25 per dozen; cel
ery. K0et75o per dozen: corn. 159260 per
dozen; cucumbers. 50c per box; eggplant.
5 9 So per pound; bead lettuce. 20 023c
per dosen; peas. 899c per pound: peppers,
596a per pound; radishes. 15 920o per
doren; tomatoes. 4050c per box: garlic
8910c per pound.
SACK VEGETABLES Carrots. (1.S0 per
sack: turnips. (L2S per sack; beeta. (LS0
per sack.
ralry and Country Prodnea,
EGGS Case count. 27ft 2Sc; candled,
28 Vi 6 29c; extras. 30c per dozen.
CHEESE: Triplets, 17o per pound; twins.
17c; daisies. IT'ac; Young Americas. 18ts0
per pound. i
BUTTER Oregon creamery butter, cubes.
33c per pound; prints. 34 34 Ho per Pound.
PORK Fancy. llglHic per pound.
VEAL Fancy. 14 toe per pound.
v POULTRY Hens. 14H15c; broilers,
14 He; ducks, young, 12c; geese, 89 12c;
turkeys, live, 20c; dressed, 25c.
Staple Groeerlea.
SALMON Columbia River. one-pound
tails. (2.25 per dozen: eight-ponnd tails.
12.95; one-pound flats. (2.40: Alaska pink,
one-pound tails, SL25.
COFFEE Roasted. In drums. 24 940c
per pound.
HONEY Choice. (3.75 per case; strained
honey, 10c per pound.
NUTS Walnuts, KellMo per pound:
Brazil nuts. 12e; filberts, 14915c; al
monds. 17921c; peanuts, 596ttc; cocoanotn.
90cell per dozen: chestnuts. 12 He ter
pound; hickory nuts. 6910c per pound.
BEANS 8mU white, 6 40c; :arge white.
5.20c; Lima, 64e: pink. 4.15c; Mexicans,
4fcc; bayou, 4VsC
SALT Granulated. (15 per ton: half
ground 100s, (7.50 per ton: 60s, (8 per ton
SUGAR Dry granulated. (3.95; fruit and
berry. (5.95; Honolulu plantation. (5.90; beet,
$575; extra C. (5.45; powdered, barrels.
16.20; cubes, bare is, (6.35.
RICE: No. 1 Japan. 6c; cheaper gnuSea,
395c; Southern head, ls7Vo.
DRIED FRUITS Apples, 10c per pount',
apriocts. 12914c; peaches, 8911c; prunes.
Italians, 8910c; silver, 18c; figs, white and
black. 69 7c; currants. 9Vc; raisins, loose
Muscatel. 697"c; bleached. Thompson,
1144c; unbleached Sultanas. 8He: seeded.?
98c; dates. Persian. nttc par poune;
hard. (1.80 per box.
- Provisions.
HAMS All sizes, 18919c; picnics,
Uhc. skinned. 1814 019c: boiled. 27a
BACON Fancy, 27 928c; choice, 19923c.
DRY SALT MEATS Backs, dry salt, LI
914c; backs, smoked. 14tt915c: bellies,
dry salt, 1444c; smoked, 16c
LARD Tierce basis, choice, 15c; com
pound, 9ftc; leaf, three-pound pails. (8.75
per case.
MISCELLANEOUS Pigs" feet, kilts. (1.8 J.
sliced beef, lnsldes, (23 per case; dried beef,
Insldes, 24c per pound; sausage, ce?valat.
20925c; holatelner, 13c; Italian ham. 30c;
liver sausage, quarters,-15; Vienna sausage,
quarters, (5.
Hope. Wool and Hides.
HOPS 1912 crop. 14 19c according to
quality.
MOHAIR Choice. (2c per pound.
PELTS Dry. 13c; full wool butcher Belts.
(125 91.75; searings. 26950c
WOOL Eastern Oregon, 14918a fer
pound according to shrinkage; Valley, 21V
Krc per pound.
HIDES Salted hides, 1212c per pound;
salf.d calf. 18919c; salted kip, 11IK.
green hides, lie dry calf. No. L 25c: No.
2. 20c; dry hides. 20 9 22c; salted stags. 7
9 8c; gre.n stags, 6 9 7c
CASCARA Per pound. 4 05c; carlo ts. 6
95c
Linseed Oil and Turpentine.
LINSEED OIL Raw, barrels, 75c: boiled,
barrels. 17c; raw cases. 60c; boiled, cases,
82c.
TURPENTINE Cases. 60c; barrels, 57 lie
per kauuIi.
STEADY TRADE NOW IN PROSPECT.
Business in Excess of All but Best of
Previous Years.
NEW YORK. Sept. 20. Bradstreeta to
morrow will say:
All in all. business, despite this or that
Irregularity, Is certainly in excess of all
but the best of previous years, and the fact
that there is no disposition to rush things
indicates healthy conservatism that tends
to make the absence of speculation con
spicuous. This situation augurs well for
a steady trade ratner tnan zitiui outoursts
of activity.
Marked activity Is still In evidence
throughout the West, Southwest and North
west, the last named section being prob
ably more favorably circumstanced in a
relative sense than any other part of the
country. .
In the dry goods line duplicate orders
from Jobbers going to mill agents are large
in tbe aggregate, but small in the individ
ual case. Industrial activity continues and
labor is scarce.
Business failures in the United States for
the week ending September Is were 279,
against 234 last week, 236 in the like week
of 1911. 190 in 1910, 171 in 1909 and 267
in 1908.
Business failures in Canada for the week
number 17. as compared with 28 last week
and 28 in the corresponding week of 1911.
Wheat (Including flour) exporta from the
United States and Canada for the week
ending September 19 aggregate 3.081,477
bushels against 4,161.613 last week and 3,
803,771 this week last year.
Bank Clearings.
NEW YORK. Sept. 20. Bradstreet's
clearlnas renort for the week ending
bank
Sep-
tember 19. shows an aggregate of S3,
352.000. as against (3.0 10,4 ly.ooo last
and (2.901,856,000 in the corresponding
last year.
week
week
P. C.
Inc.
7.7
13.0
5.6
12.1
2.7
7.3
24.3
10.9
14.7
4.6
22.3
1.7
13.6
20.4
17.9
7.5
6.2
6.5
15.1
5.8
14.3
4.9
14.2
3.0
3.4
13.1
8 2
-6
31.1
17.9
15.2
82.7
5.1
25.4
43.2
26.5
80.1
6.0
2.2
9.3
28.4
45.1
13.4
3.5
s:i.a
27.6
New York
Chicago
Boston
Philadelphia
St. Louis
Kansas City
Pittsburg
San Francisco .......
Baltimore
Cincinnati ...........
Minneapolis .........
New Orleans ........
Cleveland ...........
Detroit
Los Angeles
Omaha
Milwaukee
Louisville
Atlanta
Portland
Seattle
St. Paul
Buffalo -
Denver
Indianapolis
Providence
Richmond
Washington, D C...
Memphis
St. Joseph
Salt Lake City
Fort Worth
Albany
Columbus
Savannah
Toledo
Nashville ...
Hartford
Spokane. Wash.
Tacoma
Oakland. Cal
Pan Diego. Cal
Sacramento. Cal
Helena
Stockton. Cal.-
Boise. Idaho -,.
Ogden, Utah
.(1.827
385.000
3u.
896.000
101,
153,
79.
54.
57,
59,
41.
215.000
717,000
112,000
012.000
,075.000
268,000
212.000
,600.000
968.000
090.000
640.000
653,000
S67.0O0
704.000
810.000
.847,000
029.000
367,000
421.000
980.000
534. 0O0
018.000
20.000
443,000
167.000
351.000
639,000
26,
" m
22.
23.
23.
. - 16.
14.
12,
11.
12,
13.
10.
11.
10.
147.000
020.000
278,000
222.000
505.000
021.000
416.000
Mto.ooo
073.000
614.O00
854.000
060.000
879.000
2S.000
044.000
.000
S63.000
037,000
Decrease.
Coffee and Sugar.
NEW YORK. Sept. 20. Coffee futures
closed steadv, net unchanged to five points
higher Sales. 44.230 bags. September.
13 83c; October. 13.77c; November, lj.76c:
December. 13.75c: January, 13.73c; Febru
ary 13 71c: 'March, 13.72c; April. 18.74c;
May. 13.73CJ June. 13.73c; July and August,
I3Spot coffe. quiet. Rio. 7s. 14Sc: Santos,
4s. 164c Mild coffee, quiet. Cordova, 16
ftaa- sugar, easy. Muscovado, 89 test.
ISOc- centrifuge!, 96 test. 4.30c; molasses
sugar, 89 test. 3.35c. Refined, steady.
African Sheepskins Sold.
LONDON. Sept. 20. A sale of Cape of
Good Hope and Natal sheepskins was held
today. There were 399.700 skins offered, of
which 108.270 were sold. The supply was
in good condition and the demand was brisk,
especially for lambs. Long-wooled and
coarse-wooled varieties advanced H
pence, while whlte-wooled and shorn skins
were unchanged.
Chicago Produce Market.
CHICAGO. Sept 20. Butter. steady:
creameries. 24 28c: dairies. 22S24Sc
Eggs Firm; receipts. 4953 cases; at mark,
cases Included. IS 19c: ordinary firsts. 20c;
"cheeseSteady; Daisies. 15tJ16e: Twins.
IStilo'ac; Young Americas, 15916c; Long
Horns. lStClSc- .
Dried Fruit at New York.
NEW YORK, Sept. 20. Evaporated ap
ples. Inactive. rrunes In a waiting condition.-
Peaches, dull and easy
TOP PRICE OF YEAR
Steel and Amalgamated Sell at
Best Figures Since1 1911.
ALL STOCKS MAKE GAINS
Wall Street Market Shows More
Activity, Strength and Breadth
.-Than Xor Months Past.
Bonds Are Also Firm.
NEW YORK. Sept. 20.: Greater activity,
breadth and strength attended today's op
eration on the stock exchange than any
session in several months. The business of
the first two hours was on a scale of the
old-time "million share" days, but the
movement lost some of Its force in the
afternoon on heavy profit-taking and exten
sive short covering.
Taklna the day's best prices as a basis.
the average level waa almost the highest
of the year. In fact two speculative ia
vorttes United States Steel and Amalgam
ated Copper recorded their best quotations
since 191L steel resumea its tormer leaaer
shlp in point of activity, being heavily
bought in round lota of 2000, 8000 and 4000
shares. Reading rivalled Steel, with a rise
of three points.
Amalgamated was the next most active
issue, so-called Standard Oil Drokers Doing
the nrinclDal Durchasers. Concurrent actlv-
ity in Anaconda, which is controlled by
Amalgamated, served as a reminder that the
quarterly meetings of these companies are
not far off. - Other copper shares were
strong and later in the day the movement
took in the Independent steel stocks ana
almost two score issues of varied character.
Aside from Reading and Lehigh Valley,
the railroad group did not participate to
any great extent in the day's . movements,
although Harriman and Hill stocks were
up 1 to 1ft points, with lesser gains In
Rock Island, St. Paul and New York Cen
tral.
London sold on our rise, according to
reports, some 15.000 shares of steel. Am
algamated CoDDer and Union Pacific
Bonds were firm but the market was less
broad than in stocks. Total sales, par value.
were (2,245.000. United States Government
bonds were unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low. Bid.
Amal Copper .. 36,800 89 Vi 88 88
Am Agricult .. 1.20O 59 58. 5
Am Beet Sugar 8.600 76 75 ToTs
American Can.. 4.400 45 44 44
do preferred.. 3,200 126 124 125
Am Car & Fdy. 700 61 00 60
Am Cotton OH. 300 57 57 57
Am Ice Securl.. 200 24 23 23
Am Linseed ... 1.100 15 13 lo
Am Locomotive 100 44 1 44 44
Am Smel & Ref w4.700 87 85 86
do preferred.. 100 108 108 108
Am 8ugar Ref.. 300 127 127 127
Am Tel & Tel.. 600 144 144 144
Am Tobacco ... 900 275 272 273
Anaconda M Co 1.700 47 46 47
Atchison 5,300 109 108 .108
do preferred.. 200 102 101 101
Ati Coast Line.. 100 141 141 142
Bait 4 Ohio .. 2.900 108 107 luS
Bethlehem Steel 11.700 43 41 43
Brook R Tran.. 5.600 90 90 90
Canadian Pac .. 3.100 277 276 276
Central Leather 17,000 32 31 82
Ches ft Ohio ... 5.200 82 80 .81
Chi Gt West .. 500 17 17 17
C, M ft St Paul 4,700 108 107 108
Chicago 4 N W 800 140 140 14U
Col Fuel ft Iron 4.100 36 36 36
Consol Gas 1.100 146 146 145
Corn Products.. 100 15 15-4 lo
Del ft Hudson.. 100 169 167 19
D ft R Grande
do preferred.. 100 38 38 37
Distillers' Secur 800 34 34 34
Erie 12,400 37 86 37
do 1st pf 800 55 54 34
do 24 pf 500 44 44 44
Gen Electric .. 1.000 182 181 182
Gt North pf 6.600 141 140 141
Gt North Ore .'. 1,600 46 46 4iiW.
Illinois Central. 200 130 130 128
Interbor Met .. .4.000 20 20 20
rt Treferrd . 3.S00 01 60 60
Inter Harvester 2.S0O 123. 124 12.it
Inter Marine pf io jv?
Int Paper Jo
Ini Pump 400 27 27 27
K C Southern.. 400 27 27 27
Laclede Gas 105
Lehigh Valley.. 14.400 170 169 -, 170
Louis ft Nash.. 1.100 13.12 162
M S P ft S S M 300 130 149 149
Mo, Kan ft Tex 500 29 29 29
Mo Pacific 4.4O0 42 42 42
Nat Biscuit ... 400 139 138 1XS
National Lead.. 1.400 - 60 60 60
N Ry Mex 2 pf ' 29
N Y Central ... 900 115 114 114
N Y Ont ft Wes 200 36 36 36
Norfolk ft West 6"0 117 116 116
North American 900 85 S3 83
Northern Pab .. 8.200 129 12S 129
Pacific Mall ... 200 30; 30 30
Pennsylvania ... 2,700 124 124 124
People's Gas ... 300 117 11 1 117
P. C C ft St L. 109
Pittsburg Coal.. 5.300 .26 25 23
Pressed S Car.. 700 37- 37 37
Pull Pal Car ... 300 169 168 168
Reading 22.200 172 169 171
Kepub I S .. 4O0 29 28 29
do preferred.. 1.800 91 90 90
Rock Islend Co. 15.300 2S'4 27 28
do preferred.. 8.400 54 53 58
St L & S F 2 pf 200 SB 36 36
Seaboard Airline 1.500 23 22 23
do preferred.. 4,200 51 50 51
Sloss Sheffield .. 1.80O 59 57 59
Southern Pac .. 5.70O 111 110 111
Southern Ry .. 1.400 31 31 31
do preferred.. 1.60O 86 83 86
Tenn Copper ... 2.40O 44 43 44
Texas ft Pac .. 1.300 24 24 24
Union Pacific .. 32,700 172 170 172
do preferred.. 100 89 S9 89
V S Realty .... V0 83 82 82
US Rubber.... 4.600 54 58 53
U S Steel 12.800 75 '74 75
do preferred.. 900 113 113 113
Utah Copper .. 1.900 63 64 65
Va-Caro Chem.. 1,200 46 45 46
Wabash 300 4 4 4
do preferred.. 100 14 14 14
Western Md .. 500 56 55 56
Western mlon.; 300 81 81 81
Westing Elee .. 2.000 85 85 8.1
Wheel &LE - - - 6
Total sales for the day. 699,400 shares.
BONDS.
Reported by Overebeek .& Cooke Co.. of
Port'and- - Bid. Asked.
Amer Tel ft Tel conv 4s 112 113
American Tobacco 4s 9i
American Tobacco 6s....... l-l
Atchison general 4s ini,,
Atchison conv 4s IOi J"8
Atchison adj ,4s stamped ,?
Atchison conv 6s 104 ltlo
Atlantic coast uns con. .ti
At Coast Line "L ft N coll" 4s. 93 94
Baltimore ft Ohio Ss 90 91
Baltimore ft Ohio 4s 95 96
Brooklyn Rapid Transit 4s.... 90 91
Chesapeake ft Ohio 4s 99 99
C B ft Q gen mtg 4s M 95
C B ft Q lolnt 4s 95 96
C B ft Q Denver 4s 94 94
Chicago ft East Ills 4s :. 94 05
Chicago R 1 ft P ref 4s i7 S
Chicago R I ft P Col trost 4s... 68 68
Colorado ft soutnern io... "2
Denver ft Rio Grande 4s "i." 51
Delaware ft Hudson conv 4s... 9. 98
Erie first cons P L 4s 87 88
Int Met 4s 81 82
Japanese 4s . "
Japanese first 4s 92 93
Japanese second 4 s. ........ . 91 92
LOUlSVllie ST ftMUvm, wu .. ---
Mo Kan ft Tex 4s 85 85
Missouri Pacific 4s.. ! 2
New York Central 3s 83 88
New York Central L S 3s SO
New York City 4s of 1957 .06 106
Norfolk ft Western 4s 96 . 96
Norfolk ft Western conv 4s. ...117 lis
Northern Pacific P L 4s 98 98
Oregon Short Line 4S 1 9.
Oregon Ry ft Nav 4s 92 . 93
Pcnna Railway 4 of 1948 102 102
Reading general 4;..' 96 96
Republic of Cuba 5s 102 103
Southern Railway 48...; 78 8
St L ft S F ref 4s . 8 S
Union pacific first 4s 99 99
Union Pacific conv 4S 'ili
I'nlon Pacific ref 4a 93 96
Unl??d "ate. Steel S F 5s. 101 102
rnlted States 2s registered 101 10J
t inted States 2s coupon 101 101
United States 3. registered 102 102
United States 3s coupon 102 102
United States 4s registered 113 114
United States 4s coupon 113 114
Wabash first 4s 69 69
Western Union 4s. .... 9
Westlnghouse conv 5s. 94 95
Western Pacific 5s. 81 8-
Wlsconsln Centra. 4s 91 9..
West Shore 4s 96 99
Money. Exchange, Etc.
. . M , ..flTC Can- tft Rl.rllnv Ml
s.xpi r a v . ... v w , - .- -- -- --
London. 60 days, (4.82; do. sight, (4.85.
ruver o. -
Mexican dollars, nominal.
Drafts, sight 3c; telegraph. 6c
21 3-ll.a per ounce, muiicj, . -r v " Pc ..civ,
rate of discount for short bills. 3f3 per
...... Jt . mnnthi' bills. 2 ner cent.
NEW YORK. Sept. 20. Money on call
firmer. 4 6 4 per cent: ruling rate. 4
...... , . inainv K.H A 14. nr npnt: nrfered
- - - - -- - -- - - .
at 4 per cent.
Time toans easier. Sixty days, 3 65
per cent: 90 days, 5 per cent: six months,
3 per sent. Close:
Prime mercantile paper. 5 to 6 per
cent.
Sterling exchange steady with actual bus
iness in bankers- bills at (4.82.25 for 60
day bills and at (4.85.50 for demand.
Commercial bills. (4.81.
Bar silver, 63 c
Mexican dollars. 48c.
Government bonds steady.
Railroad bonds firm.
' Stocks at Boston. "
BOSTON, Sept. 20. Closing quotations:
Allouea 45Mohawk 67
Amalg Copper.. 88, Nevada Con . 22
A Z L ft Sm... 31 INipissing Mines. 6
Arlsona Com .. 4!North Butte..... 84
B ft C C ft S M. 7:North Lake 4
Cal ft Arizona.. 81 lOId Dominion... 60
Cal ft Hecla 548 Osceola
Centennial' 19 ,Quincy 87
Cop Ran Con Co 51 Shannon 15
E Butte Cop M. 14jSuperior ......... 4o
Franklin 9 iSud ft Bos Min.. 1
Giroux Con .... 5Tamarack ...... 40
Granby Con ... 57U S S R 4 M. . 46
Greene Cananea. i do preferred... 50
1 Royalle (Cop) 33 Utah Con 11
Kerr Lake 2 Utah Copper Co. 65
Lake Copper 35! Winona 4
La Salle Copper 5 Wolverine SO
Miami Copper.. .- 28
Condition of the Treasury- '
TT.enrvr.Tnv snt ?n At the begin
ning of business 'today the condition of the
United States Treasury was: ,. '
Working balance In Treasury ..( 84.365.096
In banks and Philippines 33,33,3o4
Tni.l nf nml fund 146.900.344
Recelnts yesterday 2,630.144
Disbursements ?-4lM2A!2
rflrit tn Hate this fiscal year. $11,348,-
807. aa against a, deficit of (21.564.770 at
this time last year.
These figures exclude Panama Canal and
public debt transaction -
HOGS AGAIN DECLINE
TOP PRICE PAID AT THE XORTH
PORTLAND YARDS IS $8.65.
Receipts Continue i to Be Heavy
Cattle and Sheep Are Quiet
and Firm.
Heavy receipt of hogs continue to be the
feature of the local market, and a steady
weakening of prices Is the natural result
Nine cars of hogs were unloaded yesterday,
four of them coming from California, two
from Idaho and the remainder from Oregon
points. The supply of cattle and sheep was
limited. These lines were firm.
The best price obtainable on hoge was
(8.69. at which figure three loads were dis
posed of. The bulk of the sales were at
prices ranging from (8.25 to (8.50. Most of
the hogs offered averaged under 200 pounds
In weight
Dealings in the cattle market were light.
Steers sold from (6 to (6.SO and cows from
(5.25 to (6.25.
No sheep or lambs were disposed of.
In the shipment of fat steers which Bird
Rose made to Portland last week, says the
Harrisburg Bulletin, he topped the market.
Eight head of the steers weighed an aver
go of 1424 and brought (7.26 per cwt. The
fn. that thpRA steerM were raised and fat-
enea entirely on grass and that they brought
the highest price ever paid oy any r-uri-land
buyer, ought to give stockmen a
greater stimulus to grow more stock of this
kind.
Receipts yesterday were 48 cattle, 18
calves, 876 hogs and 16 sheep.
Shippers were E. Tlaybum, Hansen, laanu.
1 car of hogs; C. C. Brown. Klmberly. Idaho,
l ar nt hoim: Milne Brothers. The Dalles, 1
car of hogs; John C. Lynch. Corning and
Orland, CaL, 2 cars of hogs: Charles Covier,
Orland, Cal.. 2 cars of hogs; M. J. Sevier,
Medford, 1 car of cattle and hogs; B. F.
Norwood. Harrisburg. 1 car of cattle, sheep
and hogs, and J. Spurry, lone, 1 car of hogs.
The day 8 sales were as iouowh:
Weight: Price.
5 cows 982 (5.23
10 hogs 13 J-20
10 hogs 1T 8.0O
91 hogs ' 18-
1 hog 350 7.50
108 hogs la 8
112 hogs 1T3 8.50
114 hogs 180 8.50
III hogs Ji4 f-50
21 hogs s-v
84 hoes 180 8.6o
80 hogs ITS 8.6u
TT hnva - 216 8.DO
1 cow '., 830 6.00
a t.w 950 6.50
1 heifer 1090 5.50
i JlVt . 330 5.50
1 calves 340 7.00
I bull ...... 1330 4.00
1 onV .1 930 5.50
2 cow, llfo 600
13 steers J? J.80
4 cows
2 cows .
6 cows
1 cow . .
2 steers
1 steer
1005 6.00
925 6.23
1230 - 6 00
920 6.50
900 6.00
1330 5.00
1 bull
2 cows
930
5. 5
The range of prices at the yards was as
follows:
.vi -t.-. 1 6.85 17.23
Good steers ..! $.25 6.65
Uedlum steers : "Sg Hi
Choice cows 6 009 6 50
llood cows i-lii , l
Medium cows
Choice calves l9
Good heavy calves ' ':
Bulls (On t.it
Stags .e
Hogs
t I... 8.50(ul 8.75
Heavy I-outfl o.uo
sneep
yearlings , -5u9
Wethers - 4.00 9 4.63
Cwm 8.00 (B 8.S3
Lambs 5.00 6.00
Omaha Livestock Market.
. . . it . c.nt "n r.rtu n.i int. i Tun
market slow, steady to lower. Native
steers (0.257.35; cows and heifers, (3.50
tAr-B S.t OSfi All- Tpvdm
steers (4.506.65: range cows and- heifers,
S3 5i6.50: canners. (3.00(34.25; Blockers
and feeders. (4.25S.OO; calves, (5.00(89.00;
Dulls, stags,
Hogs Receipts 2600. market 10 to 15c
hlcher. Heavy. (8.20ip8.40; mixed, (3.30
(68.40- light, tS.3..SMr,; pigs, (6.007.50;
bulk of sales. (8.80 & 8.40.
Sheep Receipts 7S0O. market steady to
. it UTHfiSTS- v.lhrf
(4.004-75; ewes, (3.504.4O;' lambs. 6.60
t& 7.40.
Chicago Livestock Market.
CHICAGO. Sept. 20. Cattle Receipts.
Texas steers, (4.65 8.25.- Western steers.
lO.WU'a W...O , Blumi-iii .ttutjo. ,t.ou(f
7.35: cows and heifers, (2.908.00; calves,
(S.OO'H'll.OV.
Hogs Receipts 9000: market strong to 10c
higher; light. (S.20 8.87; mixed, (S.05
8.87: heavy, (7.908.70; rough (7.90
8.10; pigs, Eo.UU(03.uu; uuia oi sales, ts.zu
?-.70- . .no. v..
foneep XVtrteiJia w-'wv , ian. net oi.ca.ujr IU
strong; native, $3.504.65; Western, $3.65
4.65; yearlings, $4.70&5.75: lambs, native.
4.odlQ ; vv eniKi u. fv,uviy i.ov.
Metal Market.
vr.w YORK. SeDt. 20. Couner dull.
standard spot to November, $17.25 17.75;
electrolytic. $17 -17c; lake, 17$iJ7c;
cashing. 1717c.
Tin unaeineu. i"Jt, fi.i y iqiov.x t y ,
September, $49.90 50.25 ; October. $49.75
50.00. nn
Lead nrm, i.iuiga..u.
topelter firm, $7.toy7.SO.
Antimony quiet. Cooksons, $8.75.
irnn firm. unchanKcd.
rnnner arrivals, 855 tons; exporta this
month. 15,553 tons. London copper, firm.
SnnL 78 IS Wai luiuren, zip aa va. i-.o:ai
exchange sales tin, 25 tons. London tin.
firm; spot, iza os; iuiures, t.a.
London leaa, tss ivs. .
London spelrer. 27 5s. (
Iron. Cleveland warrants, 67s 3d In Lon
don.
Wool Prices Decidedly Firm.
BOSTON", Sept. 20. The Commercial Bui
letin will say tomorrow:
While no extensive lines of wool have
been sold in toe Boston market this week
a. fair amount oi ousmess nas Deen tran
sacted. sales including almost everything In
rrade and checks. Prices remain decidedly
firm and expected buying of a heavier na
ture in trie near iuiure, it. is inougnt. again
will realize the basic price of wool. From
am the world's markets where wool is now
available for sale comes news this week of
further advances, ana tne London auctions.
which open the first of next week, are
awaited with great i merest. -
New Vork Cotton Market.
NEW YORK, SepL 20. Cotton futures
closed steady, 4 to 10 points higher. Septem
ber. 11.31c. octooer, j.i.c; jovemoer,
11.49c; December. 11.61c; January, JL63c;
irhruarv. 11. 70c; March, 11.78c: May, 11.87c;
July, 11.89c. Spot closed quiet. Middling
uplands, lL85c; do. gull, iz.ioc no sales.
' Doluth Tlax Market.
DULUTH. Sept. 20. Closing Linseed on
rack. $1.S1; to arrive, $1.SS; September.
$1 7S1A asked; October. $1.66 asked; No
vember. $1.63 asked: December. $1.55 bid,
January. $1.56 asked.
Wool at St. Loots.
ST. LOUIS. Sept. 20. Wool, steady. Ter
ritory and Western mediums. 206 -4c, fine,
mediums. lSi.2Uc; flae, 13617c
SESSION ENDS VEAK
Wheat Lower on Prospect of
Big Increase in Visible. .
NORTHWEST .WEATHER BAD
Another Cent Gain in tbe Corn Mar
ket, Owing to an Official Fore
cast of Freezing Temperature.
East Buys Coarse Cereal.
CHICAGO. Sept. 20. Official forecast of
a freeze tonight in the Northwest made
com prices today take an upward leap. It
was an almost constant ascent in the corn
market. Despite much profit-taking, quota
tions at no time showed more than a mod
erate reaction. Considerable covering by
shorts was done around the high points of
the session. Cash grades kept pace with
futures, Eastern demand running briskly all
day. Experts declared the Government
figures on the probable yield In Kansas and
Nebraska were excessive by 20 to 25 per
cent.
Signs of a big Increase In the visible
supply tended to weaken wheat near the
end of the day. By that time shorts had
largely covered, and many longs had taken
profits. Earlier In the session prices had
been firm, as a result of rainy, cold weather
In the Northwest and because of th bulge
In corn.
Oats closed at an advance of c.
Provisions finished, up 2e?5loc:
The leading .futures ranged as follows:
WHEAT.
Open. High. Low. Close.
Sept ( .81 ( .92 ( .91 ( .91
Dec 91, .92 .91 .91
May .96 -.96 .96 .98
' CORN.'
70 .72 . .70 .72
53 .54 .33 .54
52 .53 .52 .63
OATS.
33 .33 .33 .83
32 .32 .32 .32
34 .35 .34 .35
MESS PORK.
. . . 16.95 16.85 16.87
16.95 ' 16.92
18.33 1S.35 18.27 18.35
. LARD.
11.0214 11.05 11.02 11.05
11.02 11.05 11.00 11.05
10.77 10.82 10.75 10.77
10.52 10.52 10.52 10.55
Sept.
Dec.
May
Sept.
Dec.
May
Sept.
Oct.
Jan.
Sept.
Oct.
De c.
Jan.
SHORT RIBS.
Sept
Oct 10.65 10.70
10.72
10.62 10.70
Jan 9.S5. D.W 0.S2fe
Cash quotations were aa follows:
Flour Active; staady.
Rye No. 2, 70c.
Barley Feed or mixing. 4052c; fair to
choice malting, 58 71c.
Timothy Beed $;e.503.75.
Clover seed $13 17.50.
Pork Mess, $1717.25.
Lard In tierces, $lU07t4.
Short ribs Loose, $10.3010.80.
Grain statistics:
Total clearances of wheat and flour .(Gal
veston missing) were equal to 584,000 bush
els. Exports for the week, as shown by
Bradstreet's, were equal to 3,b01,O00 bush
els. Primary receipts were 2,320,000 bush
els, compared with 1,132,000 bushels the
corresponding day a year ago. Estimated re
ceipts for tomorrow: Wheat, 184 cars; corn,
854 cars; oats, 248 cars; hogs, 7000 head.
Minneapolis Wheat Market.
MINNEAPOLIS. SeDt 20. Wheat Sep
tember. b:AGblc; December, 89c; May,
94 v94 9c.
Caen No. 1 hard, 91 c; No. 1 Northern,
88i &90c; No. 2 Northern, 85 6&8ci
No 3 wheat, 63fr&5 Vc.
Oats White No. 3, 3031e.
Corn Yellow, No. 3, 7070c
Rye No. 2, 60(&.62ic
Flax $l-78c. .
Barley 40 67c.
Puget Sound Grain Markets.
SEATTLE, Sept. 20. Bluestem, 82c; forty
fold, 79c; club, 79c; fife. 79c; red Russian,
77c
Yesterday's car receipts Wheat, 60; oats,
7; barley, 10; hay, 24; flour, 4; corn, 4.
TACOMA, Sept. 20.-Wheat Bluestem,
8282V4c; club. 7980c.
Receipts Wheat. 33 cars; barley, one car;
corn, on car; oats, six cars; hay, one car.
Grains tn San Francisco.
PAN FRANCISCO. Sept. 20. Spot quota
tions: Walla Walla, $1.47)1.50; red Rus
sian. $1.471.50; Turkey red, $1.55
1.57 bluestem, $1.55' 1.57 I teed barley,
$1.47 1.50; white oats, $1.60 1.62 ;
bran. $23.5024: middlings, $3233; shorts,
$27 & 27.50.
Tacoma Wheat Market.
TACOMA. Sept. 20. Wheat Bluestem, 82
$2Ac. club, 79 H SS0c Receipts: W heat,
33 cars; barley, one car; corn, one car; oats.
6 cars; hay, one car.
European Grain Markets.
LIVERPOOL, Sept. 20. Close: Wheat
October, 7s Sd: December, 7s 5Xd; March.
7s 41,d. Weather, flne.
SAX FBANCISCO PRODUCE MAHKXT
Prices Quoted at tne Bar City fur Vtg
tables. Fruits, Etc
SAN FRANCISCO, Sept. 20. The follow
ing produce prices were current here .ouay.
p-ruit Apples, choice, 85c; common.
40c; Mexican limes, J6ffl-50; California lem
ons, choice, ft;; common, $2; plneappiea
$14? 2.50.
Cheese Young 4 tierica, 1518c
Butter Fancy creamery, 33c.
Eggs Store', 84c; fancy ranch, 40c.
Vegetables Cucumbers, 2350c; garlic, 2
4c; green peas, 36c; string beans, 11,
3c; tomatoes, 2575v; eggplant, 407Sc;
onions, " 5366oc
Hay Wheat, $21.50 23; wheat and oats,
I19S20; alfalfa. 1113.5.
Potatoes Salinas Burbanks, $1.3501.40;
sweets. 11.75 01.90.
Receipts Flour, 5o54 quarter sacks;
wheat 1815 centals; barley, 2515 centals;
oats 1230 centals; potatoes, 2250 sacks,
middlings, 100 sacks; hay, 39 tons; wool.
223 bales.
Receipts Flour, 1810 quarter sacks;
wheat, 1S60 centals; barley. 141,780 centals;
Oats S115 centals; potatoes, 95a0 sacks;
hay, 'S90 tons.
Naval Stores.
SAVANNAH. Sept. 20. Turpentine firm,
. . . i - 1 1 a V. yrm I . - nt , EAT h n r-
IttC. OttitSH, " " '
rels; shipments, 712 barrels; stocks. S7.732
barrels.
Rosin firm. Sales, 1700 pounds; receipts,
2090 pounds; shipments, 1800 pounds; stocks,
11LO0O pounds. Quote: B, $6.30; D, $6.35;
.',,: F. G, .47Vi: H, I, 6.50; K.
16.52: M. 6.57tf; N. $7.35; WG. $7.85;
WW, $8.25. ;
Buckley, Washing
ton, has just award
ed a contract for
5000 yards of Bitu
lithic pavement
with more to follow
Call at 700 Journal bids.,
for Reasons Why.
J.CWILSON&CO.
STOCKS, BOKDS, UHA1S A.i COTTO.
MEMBERS
SEW YORK STOCK EXCHANGE.
NEW YORK COTTOW EXCHANGE.
CHICAGO BOARD OF TKADiS.
THE sTOCK AXO BONO EXCUA.0.
SAN FRANCISCO.
PORTLAND OmCE:
Main Floor Lumbermens Bask Bldj.
Fifth -and Stark. '
Phones Marshall 4120. A 4187.
lumbermens
National Bank
Our Savings Department
' ' Offers positive safety for your funds,
Avith maximum income. AVe pay 4 per
cent compound interest.
Capital,
$1,000,000
THE UNITED STATES NATIONAL BANK
Resources Over Thirteen Millions
Our constant aim is to combine thorough-going efficiency and every "
possible courtesy and consideration with a frankly advisory rela
tionship when desired. Conference or correspondence welcomed.
OFFICERS
J. C AINSWORTH, President. R. LEA BARNES, Vice-President.
R. W. SCHMEER, Cashier. A. M. WRIGHT. Assistant Cashier.
W. A. HOLT, Assistant Cashier.
No. 75 Third Street
LADD &TILTON BANK
Established 1859.
Capital Stock $1,000,000.00
Surplus and Undivided Profits 800,000.00
Commercial and Saving3 Accounts
Lettors of credit, drafts and travelers' checks issued, avail
able in all parts of the world.
OFFICERS.
W. M. Ladd, President. Robert S. Howard. Asst. Cashier.
Edward Cooking-ham. Vice-Pres. J. W. Ladd, Asst. Cashier.
W. H. Dunckley, Cashier. Walter M. Cook, Asst. Cashier.'
First National Bank
s
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
The Canadian Bank of Commerce
INCORPORATED 1867.
Head Office Toronto, Canada. New York 16 Exchange Place.
London 2 Lombard Street.
Over three hundred other branches in the United States and Canada. .
Every care taken of collections. Drafts on all foreign countries and
principal cities in United States and Canada bought and sold, and a
general banking business transacted. , '
Interest allowed on Time and Special Deposits.
.PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MALPAS, Manager.
THE LARGEST STEAMER IN THE WOrtLD
New
45,324
Ton
OLYMPIC
AMERICAN LINE
N. Y., Plymouth, CherbonriT, Southampton
Atlantic Transport Line
New York London Direct.
RED STAR LINE
Mew York Dover Antwerp Paris
WHITE STAR LINE
New York Queenstown Liverpool
N. Y., Plymouth, Cherbourg, Southampton
Boston Queenstown Liverpool
Rmtnn Mediterranean Italy
Company's Office Boom "B" Bailey Bnildi
The enduring
quality of
Barber
Asphalt
a'ndl its adapted
ness under all
conditions of
traffic has been
universally established.
IK
Corner Fifth
and Stark
Portland, Oregon
Sails ho a
NEW
YORZ
SEPT. 28
Oct, 19 -Nov. 9
Nov. 30 Dec 21
WHITE STAR-DOMINION
Montreal Quebec Liverpool
"MEGANTIC" & "LAURENIIC"
Largest and Finest Steamers
on St. Lawrenca Koute
Only Four Days at Sea
TO EUROPE IN COMFORT AT MOD
ERATE RATES.
Twin Screw S. S. "Canada" and Teutonic"
ONE CLASS (11 CABIN SEKV1CB
THIRD CLASS CLOSED ROOMS
Baggage checked through to titeamsr
In Bond. Embark night before sailing.
No hotel or. transfer expeuse.
ins:. Second and Cherry Sta.. Rmi.
bteamsnip Agents.
TRAVELERS' GUIDE.
EXPRESS STEAMERS FOB
San Francisco and Los Angeles
WITHOUT CHANGE
8. S. BEAR sails 9 A. M. September 14.
THE 8AK JJ'RANCISCO PORTLAND S. B.
Co. Ticket Office 132 Third Street.
.. Pbone Main' 2b05. A Si6.
San Francisco, L03 Angelei
and San Diego Direct
S. S. Roanoke and S. S. Elder
gall Every Wednesday Alternately at P. U.
NORTH PACIFIC S. S. CO.
UZ A Third St. Phones Alain UXi, a 1SU
COOS BAY LINE
STEAMER BREAKWATER
Sails from Alnswortb Dock, Portland, at
8 A. M., September 2, 3. IX 17, 22, 37:
October 2, 8. 16. 23. 30. Freight racelvsd
at Ain'swortn Dock daily up to P. M.
Passenger fare First-class. $10; aeoou.
elass, 7. including bertb and meals. Ticks!
office at Alnswortb Dock. Telephones
Main 361)0. A 2332. Portland At Coos bay
SS. Line, H. J. Mohr, AaenL -
AUSTRALIA AND NEW ZEALAND
(Union Line of N. Z.)
SYDNEY VIA TAHITI AND WELLINGTON
Direct through steamers, eailtnr from San
Francisco Sept. IS, Oct. 1J and every, 28
days. Tbe line to the Ictles of the South Heas.
For reservations see Coupon Railroad Agents
or addrfw Hind. Kolph & Co., genera,
azents. 679 Market U. San Francisco.
Thert is a irood prospect that teachers in
the ettate-nldf'd. secondary schools of Eng
land and Wales may see the commencement
of a superannuation system this yea1