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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Sept. 24, 1912)
17 THE MORNING- OREGONIAN. TUESDAY, SEFTE3IBER 21, 1912. BUYERS EAST SLOW . . Now Wei! Provided With Sam ples of Oregon Hops. ORDERS ARE HELD BACK Several Hundred Bales Change Hand in This Srate at Prices Ranging From J 5 to 16 Cents. Market In Growers' Hands. Although samples of Oregon hops have now been In Eastern dealers hands a week or more, very few orders are com in along as . consequence. This is a matter of con siderable surprise, in view of the known lfghtnees of stocks In the East and the sen eral good quality of the Oregon samples. A good many of the crops, it Is true, show slight traces of mold, but it is seldom the Oregon hops have been as rich in all the desirable brewing qualities as they are this year. In this respect they have a decided advantage over the hops grown in some other sections. While the market, on the whole, is in active, reports of business are coming for ward from a few districts. The Ed Johnson lot of 80 bales at fillverton was sold to William Brown & Co. at IB cents. T. A. Livesley & Co. bought the Goulet lot of 100 bales at Brooks at 15 cents. Mishler & Gribbta secured the Johnson lot of 100 bales in the Woodburn section at 13 cents. The course of prices in the next few weeks will depend largely on the attitude of the growers of Oregon. If they press their hops on the market in the face of a slow demand as it Is feared some of them will do, they are likely to force prices down to a lower level than it seemed possible hops would reach. VOLUME OF WHEAT TRADE LIMITED Farmers Are Averws to Accepting Prices Now Offered by ttuyein. The volume of business reported in .the grain market yesterday was rather light. Dealers quoted club wheat at 78 cents and bluestem at b'2 cents, but at these figures farmers were not free sellers. Oats and barley were easy at the closing figures of last week and the demand was limited. The patent flour quotation now made by most of the millers is 14.30. but it is reported that som of the outside mills are shading this price. Based on wheat values, millers declare that even the $4.30 quotation is too low. Local receipts. In cars, wee reported by the Merchants' Exchange as follows Wheat Barley Flour Oats Hay Monday L'Htf SI 17 3D Yr-ar ajro 1M."S 7 'J7 2 33 Reason to date.:.o.N 4::o 4S$ 2''7 4-ti 1 ear ago 44l 1J4 ttL'i 6-3 The weekly wheat statistics of the Mer chants' exchange follow : American Visible Supply Bushels. Increase. September 21. 1312 3o,l.;;;.u0 3.4.4,h.m beptember -, HU1 51,15O,0h 74,IH0 September rt, liUO o2,243,0UU 2.U-'.000 September 27, lftuH lfI,4til,0O 3.l;iti,00 September 2$, 1hh a!.l4,m'0 3,7i"j.OOo September o0, 1!'7 44.7.'7,0O I'VOUO October 1, l'd'H 3.1,."t34.000 l.;;4,Wi) October 2. 1105 3 7,t5,Ol0 l,t54,tt'0 September 2J, Iiu4 15.2tni.ouo siti'ouo September 26, llHKf 17.12U.0uO 1.202,000 Decrease. Quantities on Passage Week Week ending ending Week ending Sept. 14 Sept. 2311 Bushels Bushels 1(1,432, 17.512,000 21.7S4.0O0 16,120.000 For Bushels V. K 17.iy(j,0OO Continent ..22.OoS.000 Totals ...3M.iKt4.000 3S.21.00O 33,632.000 World's Shipments (flour included) Week "Week Wee It ending ending ending Sept. 21 Sept. 14 Sept. 23.' 11 From Bushels Bushels Bushels V. S., Can.. 3.MH.0n 4,ll,oo 3,Koy.o00 Argentina 1.1'JU.uOo 1.173,um 5 to. 000 Australia .. 2o.ooo 5ti8,ooO fcso.ooO Dana, ports. 2,2"4.0U0 2,i:ti.OOO 3,05.0u0 Russia . ... 4.5L2.00O 4.U72.0W 1,41.0.000 India 1.7S4.00O 1,04S,000 552,000 Totals ...13.tt21.000 14,320,000 10.325,000 World's shipments, season to date From Total since Same period July 1.'12 Last season. I. S. and Canada. 38,:tt.,txo 32.974.000 Argentine l.l4i,000 13,721. 010 11.032.UU0 20,4it;i.OO0 :!.;. KM )0 14.410,000 Australia tt.0ii.4M" Danubian Forts., 18.Dso.000 Russia 20.1:i3,(mk India 23.2Uti,tHH Total 1 33. 742. 000 1 1 8. 008.000 LIMA BEAN OPENING PRICES HIGH Association Names Quotation on September Option, but Ad vine Caution. The California Lima Bean Growers As sociation haa named Its second half of September price on the lftl 2 crop and in giving them out the association advise cau tion on the part of the buyers and gives them the situation in detail. The announce ment follows: "The 2012 crop beans are small in size, but otherwise of good quality. The market in California Is excited independent buy ers are offering farmers $5.40 net on the field, but the association, mindful of job bers interests, will accept second half Sep tember contracts at $5.40 f. o. b. Coast for rail shipment less discount and tarts. "The crop is turning out as per associa tion's former estimate, therefore wc feel that the market Is entirety too high for so early in the season and we think it a mis take for jobbers to rush in buying when the growers are excited, as they are at this time." The association will likely issue a price In addition to that on its contract orders in a few days, it is stated by an agent of the association, who. commenting further on the situation, said that the Independent operators had bought heavily, thereby ad vancing the market their object being, seemingly, to force prices so high that the association would be cum polled by circum stances to name a smaller basis, so that the jobbers would not confirm their con tracts with the organisation. The future of the market, he declared, must therefore depend upon Just how far these indepen dent operators carry their game. TEACHES IN DEMAND AND ARE FIRM Two Cars of Elbcrtas Received From Yaki ma Gin pc Are Steady. Two cars of Yakima Elberta peaches were put on sale yesterday and cleaned up with out trouble at 55 to tiO cants a box. Re ceipts of Oregon stock were light. The de mand for peaches continues good and the market is firm. Grapes were steady in price with a good demand. This fruit Is becoming the lead ing feature of the market, and the large receipts are well absorbed. Another car of Tokay grapes is due today. Concords were in fair supply and sold at 17 Vi cents a crate. A car of watermelons and cassabas was due last night. Supplies of cantaloupes are diminishing. Vegetables of all kinds were steady, ex cept tomatoes, which were weak. FALL CLIP OF MOHAIR IS OFFERING Good Yield In Quantity and Quality Hixh Price at the Cape. The chief Item of Interest in the Eastern mohair market is the offering- of the Fall clips of Texas. Artsona and New Mexico. No prices have been made as yet on this clip, which will not begin to arrive at Bos ton under another month. It is probable, however, that there will be a good clip both in quantity and quality, says the Commer cial Bulletin. The situation In England has been slug gish, both on account of the lack of de mand and the holiday season. Spinners are reported to have round little business, either at home or abroad. v Thyere has been a little business at Con stantinople, while at the Cape a considerable turnover has recently been made, includ ins GOO bales of firsts and 100 bales of kids at the highest prices of the season. Eggs Are Advancing. The demand for eggs is increasing at the same time that supplies are decreasing and this fs gradually putting prices1 higher. Ex tras sold yesterday at 34 cents. Poultry receipts were small and sold at lnt wica ftricea. ' Dressed meats were : steady with the supply light. Cheese was firm at the new quotations. which are half a cent higher than those ot last week. The butter market was also firm. Bank Clearing. Bank clearings of the Northwestern cities yesterday were as follows: Clearinrs. Balances. Portland $2,714,010 -;-4V7. Seattle 2.251. s:S 2?o.l..t Soma W5.M9 110.002 Spokane Hl w0u-3tf9 PORTLAND MARKETS. Grain, Floor, Feed, Etc. WH EAT Track price : Club. "75 3 79c ; bluestem, 8J& 3c; forty-fold. 70S 80c; red Russian. 77'n7Sc; valley. 7tltS0c. FOIR Patents, 4.30 per barrel, straights. $3.00; exports. I3.eofg3.7o; al ley. $4.3; graham. J4.20; whole wheat, 4.4U. MIL. Lri T I F FS Bran. $21 per ton; shorts, $23; middlings. $20; rolled barley. $2t.5U " BARLEY Feed, $25.00 per ton; brewing, 27.00i 2M. 00 per ton. . CORN Whole. 3S; cracked, $39 per ton. HAY No. 1 t.mothy. $17; oat and vetch. $11; alfalfa. $12.50 13. m M. OATS Spot. $27.00 per ton; futures. 25 28 per ton. Vegetables and Fruits. FRESH FRUITS Apples, 50c1.50 P box: peaches, 40 60c per box; pears, oocdy $1.50 per box; grapes. M0c&$l-10 per box. TRUPiCAL FRUITS Oranges. Valencia. $44.50; California grapefruit, $5; lemons. S5fe6 50 per box; pineapples. 6c per Pnf- MELONS Cantaloupes, $1.2ol.V per crate; watermelons. $1 per hundred; Caa sabas, $1.25 per dozen. ONIONS Walla Walla, 75c per sack; Oregon, $1.23 per sack. POTATOES Jobbing prices: B urban ks, 506oc per hundred; sweet potatoes, Zh W iifee per pound. M- VEuKTAliL.ES Artichokes- 63 i54 P dozen; beans, 2c; cabbage, lle p pound; cauliflower. $11.25 per dozen; cel ery. 50&75C per dozen; corn, 75c $1-00 per sack ; cucumbers, 50c per box ; eggplant, 5 tie per pound; head lettuce, 20&ioc per dozen; peppers. 5'a Uc per pound; radishes, 15 ftp 20c per dozen; tomatoes. 3o&40c per box; garlic, 10c per pound. SACK VEGETABLES Carrots, $1.25 per sack; turnips, $1.00 per sack; beets, $1.10 per sack; parsnips, $1.25 per sack. Dairy and Country Produce. EGGS Case count, 2714 2Sc; candled, 2S-frii;c; extras. 32i&84c per dozen. CHEESE Triplets. - 17 per pound, twins, 17c; daisies, 17fcc; Young Ameri cas. 10c per pound. BUTTER Oregon creamery butter, eunes, 83c per pound; prints. ?.484o per pound. . PORK Fancy. llH&l- Per pound. VEAL Fancy. 14fcfcl5c per pound. POULTRY Hens, 146l5c; broilers, 14H&15c; ducks, young, 12c; gese, b'ui-Cr turkeys. Iivi, 20c; dressed. 25c Staple Groceries. SALMON Coliimwa River. one-pound talis, $2.25 per dozen; eight-pound tails, $2.95; one-pound Hats, $2,40; Alaska pink, one-p'ound talis, $1.25. COFFEE Roasted, in drums. 24040c per pound. , HONEY Choice, $3.75 per case; strained honey, 10c per pound. NUT9 Walnuts, 18 14 He per pound; Brazil nuts, 12 c ; f iiberta, 14 & 15o; al monds, 17 & 21c; peanuts, B$6c; cocoanuts, POcig $1 per dozen; chestnuts, 12 fee per pound; hickory nut, bloc per pound. BEANS Small white. 5.40c; large white, 4.20c; Lima, 8c; pink, 4.15c; Mexicans. 4fcc; bayou, 4fcc SALT Granulated. $15 per ton; hall ground 100s, $7.60 per ton; 50s, $tt per ton. SUGAR Dry granulated, $5-5; fruit and berry, $5.95; Honolulu plantation, $5.90; heat, J575; extra C, $5.45; powdered, barred, S6.20, cubes, barel. $6.35. RICE No. 1 Japan. 6c; cheaper trraOes, 165c; Southern bead, l7Ho. DRIED FRUITS Apples, 10c per pounc; apriocts, 12014c; peaches, 8llc; prunes, Italians, 8 10c; silver, 18c; ;igs, white and black, 6H7c; currant, Bfcc; raisins, loose Muscatel, 8 7c; bleached, Thompson, 11 c; unbleached Sultana. ao; seeded 8c; dates, Persian, 8fcc per pound; bard. $1-00 per box. Provision. HAMS All sizes. 1819c; picnics, 11 c; skinned. 18&19c; boiled. 27c BACON Fancy, 27 28c; choice, 18 23c. DRY SALT MEATS Backs, dry salt, 14 G14C; backs, smoked, 14Hyl5c; bellies, dry salt, 14 Vic; smoked, 16c LARD- Tierce basis, choice. 15c; com pound. tfVsc; leaf, three-pound pails, $8.75 per case. MISCELLANEOUS Pigs' feet, kilts, $L35i sliced beef. In sides, $23 per case; dried beef, insides, 2-o per pound; sausage, cervalat, 20 m 25c ; holstelner, 15c ; Italian ham, 20o ; liver sausage, quarters, $5; Vienna sausage, quarters, 5 Hope. Wool said Hide. HOPS 1012 crop, 15 18c, according to quality. MOHAIR Choice, 32c per pound. PELTS Dry, 13c; full wool butcher petis, 25 1.75; searings, 2550c WOOL Eastern Oregon, 1418o per pound according to shrinkage;- Valley, 2l u'He per pound. HIDES Salted hides, 1212c per pound; salt-id calf, lbttflWc; salted kip. Ud12c; green bides, lie dry calf. No. 1. 25c; No. 2, 20c; dry hides, 20 622c; salted stags, lis fa)8c; gre.n stags. 6ftp7c CASCARA Per pound, 4G5c; carlot, 6 03c Unseed Oil and Turpentine. LINSEED OIL Raw. barrels, 75c; boiled, barrels, 17c; raw cases. bOc; boiled, cases, 82 c. TURPENTINE Cases, 60c; barrels, 671c per stiufc SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables, Fruit is Etc. SAN FRANCISCO. Sept. 23. The follow ing produce prices were current here today: Fruit Apples, choice, S5c; common, 40c; Mexican limes. $01i $6-5U; California lemons, choice, $0; common, $2; pineapples, $1&2.50. Cheese Young America, 15'ii. 16c. Butter Fancy creamery. 34c. Eggs Store, 34c; fancy ranch. 41 He Vegetables Cucumbers, 35 & 65c; garlic, 2 4c; green peas, 3 6 tic; string beans, l&-2c; tomatoes, 30 00c; eggplant, 40 75c; onions, 51 i 65c. Hay Wheat. $21.50f23; wheat and oats, $l!fi21: alfalfa, $114x14.50. Potatoes Salinas Bur banks, $1.30$ 1.40; sweets. $1.50 1 1.75. Receipts Flour, 4226 quarter sacks ; wheat, 1940 centals; barley. lV.i'Si) centals; oats, lSyO centals; potatoes, i305 sacks; bran, 20 sacks; middlings, J55 sacks; hay, 774 tons; wool, 20 bales. Metal Markets. NEW YORK. Sept. 23. Copper firm Standard, spot to November, 17.2." 17.75c; electrolytic. 17l; w 17c; lake. 17H 'U117c; casting. 17 M 4? 17 c. Tin dull. Spot. 50&To.40c: September, 50 ig 50.40c ; October. 4l.t7 H (a 50.15c. Lead. firm. 5.105.201-. Spelter, firm. 7.55 & 7Oc. Antimony quiet. Cookson's, 8.75c. Iron firm. No. 1 Northern. $16.50$ 17.25; No. 2 Northern. $16.25 17 : No. 1 Southern and No. 1 Southern Kofi, S10.754I 17.50. Copper arrivals. 175 tons; exports this month, 17,757 tons; Ixtndon copper quiet. Spot, 78; futures, f$0. Local exchange sales tin, five tons. London tin quiet: spot. 22S 5s; futures, 226. London lead. 22 10s, London spelter. 27 5s. Iron, Cleveland warrants, 67s 1H1 in London. New York Cotton Market. NEW YORK. Sept. 23. Cotton futures (Dilv tn ti nolnt lowpr Swiifm ber. 11.2:c; October. 11.31c; November, 1 1.43c; December. 1 i-57c; January. 11.53c; February. lL5i'c; March, 11.6c; May, 11.77c; June, 11.77c; July. ll.SOc. Spot clted qutf t. M Iddllng uplands, ll.S5c; do, gulf, 12.10c Sales. S bales. NEW ORLEANS, Sept, 23. Cotton Mid dling. 11 7-lOc. Coffee and Sugar. NEW YORK. Sept. 23. Coffee futures closed steady at a net advance of 13 to 16 points- Sale. 05.250 bags. September, 14.V.V; October, November and December i:t t7c; January. 13.6c; February, 13.04c; March. 1 :t.ttdc ; April. 13.07c ; May, 13.VSc; June, Julv and August. 13 i7a Spot, steady. Rio 7s. 14fcc; Santos 4s. lOc. Mild quiet. Cordova, 164518c. Raw sugar steady. Muscovado, 89 test. 3 Soc; centrifuR.il. J6 test. 4.80c; molasses, 80 tost, 3.55c; refined quiet. Dried Fruit at New York. , NEW YORK. Sept. 23. Evaporated apples quiet: fancy. Sc to 8c; choice, . & 5H; prime. flt(T4r. Trunes barely steady. California up to 30-4 3Scj Oregons. 6161sC Peaches easy. Choice, ti'ijHc: extra choice, 77 He; fi"-y. 7 $ Uc Elg-ln Butter Market, ELGIN. 111.. Sept. 23. The quotation com mittee of the Elgin Butter Board this af ternoon declared butter firm at 2SVc MORE HIGH RECORDS Steel and Amalgamated Sell at . Best Prices of Year. STOCK MARKET IS STRONG Top Prices Are Obtained In the Last Hour Hill and Equipment Is sues Are in Demand. Bonds Are Firm. NEW YORK. Sept. 23. Some new high records for the year were established today on the stock market. United States Steel and Amalgamated Copper touched the high marks, with other Issues of less prominence. Trading was again heavy, though under last Friday's total, but the rise was several times checked by obvious profit-taking and further bear opposition. The bear element, from all accounts, has been largely elimi nated, however, and no small part of today s advance may be reasonably attributed to outside origin or Investment demand. The market derived some encouragement from last Saturdays relatively favorable bank statement and further gold engage ments abroad, 2,500,00( being taken in Lon don. Other news of the day contributed to the movement. Including an announcement of an advance in pig iron and advices from the West, which dealt with the traffic sit uation. Apparently the movement of freight in the next fevf weeks will be limited only by the available supply of railroad equip ment, and shippers of general merchandise are complaining of discrimination by the railroads in favor of cereal shippers. Best prices today were scored in the last hour. Amalgamated led the rise to the accompaniment of a report from Boston that copper was selling there at a fraction over 18 points a pound. Equipment issues and the Hill stocks were in demand, but Read ing and Lehigh Valley were under slight pressure. Call money opened at 4 per cent, with a slight increase ybc supply. Time money rates fell back slightly on the improved banking position and lighter demand. Ac ceptances of commercial paper were larger, Western institutions absorbing a consider able volume. The bond market was broader and gener ally higher, some of the speculative issues being largely traded in. Total sales, par value, aggregated JL',480,000. United States as declined (4 per cent, the is advancing H and the- Panama 3 1H CLOSING STOCK QUOTATIONS. Closing Sales. High. Low. Bid. Amal Copper .. 31.4W KUV, (! Am Agricult .. 4'J0 o'J S'- SUM; Am Beet Sugar 9.4UO 70 T. ' American Can.. 15.4U0 4514 44 44(4 do preferred.. 3,7dt l'J4"4 1-4 V4 124 Am Car & Fdy. 5,Mi lil'vi - 62 Am Cotton Oil.. 2U0 57 5 57 Am Ice Securi.. 3U0 Si', 23 Am Linseed ... 2U0 15V4 IjVs 15 Am Locomotive itm 4d! 4."ij 4 Am Smel & Kef S.l'oo KS 87 87 ti do preferred.. MO KISSs JOh'is Am Sugar Kef.. 2.100 127 5 125 18 Am Tel & Tel.. 1.B00 145 144 145 Am Tobacco ... 1,100 27:1 2iiSi 271 Anaconda M Co 10,500 47"4 47 47 Atchlson 6,100 1()V 10!)i 100 do preferred.. 300 102 102 102i Atl Coast Line. 300 143Vj 143 143 Bait &Ohio ... 2,400 10U 108 10!) Bethlehem Steel 11.1100 4434 4-'i 44 Brook R. Tran. B.UHO 1 Wri Vl Canadian Pac. 2.S00 270 27tl 27 Central Leather 8.000 331 32Vi 33 Ches & Ohio .. 2,800 Sl 81 ',i 81 Chi Gt West .. 2.200 1 7 1TA l'Vji C, M & St Paul. 2,000 10 108 -108 Chicago & N W 300 141 141 141 Col Fuel & Iron 1,400 38 37 3i Consol Gas 1.500 147 147 147 ' Corn Products.. 2,100 lo 15 1 Del & Hudson.. 100 171 171 170 D R Grande.. 22 22 . 22 do preferred.. 400 30 38 3S Distillers' Secur 2.300 34. 34 34 Erie 10.100 37 87 37 do 1st pf 1,700 55 54 54 do 2d pf .... 200 45 45 44 Gen Electric ... 800 183 183 1S3 Gt North pf 6.700 142 141 142 Gt North Ore.. 2,200 47 47 47 Illinois Central. 200 130 130 130 Interbor Met .. 3.7O0 20 20 20 do preferred.. 4,200 61 00 61 Inter Harvester 1,500 125 123 125 Inter Murine pf.. 20 lnt Paper". 100 10 16 1B Int Pump 100 2S 2S 27 K C Southern.. 2,700 29 27 28 Laclede Gas ... 200 106 1 06 105 Lehigh Valley.. 18,3"0 172 171 172 Louis & Nash.. 600 1S3 12 163 M. S P & S S M 100 150 150 148 iio, Kan & Tex 3,5(10 81 30 31 Mo Pacific 3.000 43 42 42 Nat Biscuit ... 100 138 138 137 National Lead.. 700 60 60 60 N Ry Mex 2 pf 20 N Y Central ... 6,100 116 115 116 N Y, Ont & Wes .300 37 36 30 Norfolk & West 2.300 117 117 117 North American 50O 85 83 83 Northern Pacific 10.110 130 120 120 Pacific Mail 100 31 81 30 Pennsylvania .. 2.400 124 124 124 People's Gas ... 600 117 117 117 P C C & St L.. 3,700 111 110 111 Pittsburg Coal .. 500 25 2. 2. pressed ss tar.. 3.3'" o. Pull Pal Car 18 Reading 80.S0O 174 173 173 Repub I 4 S ... 4.200 30 20 30 do preferred.. 70O I1 00 00 Rock Island Co 4.600 28 27 28 do preferred.. 2.1100 54 53 54 St L & S F 2 pf 300 37 36 30 Seaboard Airllno 200 23 23 22 do preferred., l.ooo M am t'l'.i SIoss Sheffield .. 400 59 58 59 Southern Pac . 4.50O 112 111 112 Southern Ry ... 4,900 31 31 31 do preferred.. 400 85 85 85 Tenn Copper .. 14.000 40 45 46 Texas & Pac... S.K'IO 25 24 25 Union Pacific. .. '30.7OO 173 172 173 do preferred.. 200 S! Sll 89 TJ S Realty 5.300 85 84 SJ U S Rubber 3.S0O 54 54 5J U S Steel 109.400 77 76 7 do preferred.. 2,300 114 114 114 Utah Copper .. 4.100 . 05 65 65 Va-Caro Chem.. SflO 40 46 4 Wabash 500 - 4 4 4 do preferred 14 Western Md ... SOO 5(1 50 5 Western Union. 1.1O0 S2 81 82 Westing Elec .. 1,300 S5 85 85 Wheel & L E . . 40O 7 7 7 Total sales for the day. 414.000 shares. BONDS. Reported by Overbeck & Cooke Co., of Portland: Bid. Asked. Amer Tel Tel conv 4s 108 109 American Tobacco 4s 9i American Tobacco 6s......... 121 Atchison general 4s 96 97 Atchison ennv 4s 108 109 Atchison adj 4s stamped SS Atchison conv 3s 107 -110 Atlantic Coast Line cons 4s.... 94 95 At Coast Line "L N coll" 4s. 113 9.1 Baltimore & Ohio 3s 904 91 Baltimore & Ohio 4s " 96 Brooklvn Rapid Transit 4s 90 91 Can Southehrn first 3s 100 100 Chesapeake & Ohio 4s 100 C B & Q gen mtg 4s 95 95 C B & Q Joint 4s -. 95 95 C B & Q Ills 4S 9S Central Pacific first 4s 94 94 Chicago & East Ills 4s 77. "7 Chicago. R I A P ref 4s 8'! 87 Colorado & Southern first 4b... 93 94 Denver & Rio Grande 4s 85 87 Delaware A Hudson conv 4s.... 97 98 Int Met 4s 81 81 Japanese 4s 84 4 Jaranese first 4s 92 93 Japanese second 4s 91 92 Louisville & Nashville unl 4s... 91 91 Mo Kan Tex 4s S5 86 Missouri Pacific 4s 72 73 New York Central 3s 85 80 New York Central L S 3s (-0 New York City 4s 92 93 Norfolk & Western 4s 92 Norfolk & West conv 4s 115 lltt N Y Ont & W 4s 92 .... Northern Pacific P L 4s 92 92 Northern Pacific 3s 88 69 Oregon Railway Nav 4s 92 93 penna Rv 4s of 1948 102 103 Philippine Railway 4s 86 Reading general 4s 98 96 Republic of Cuba 5s 102 103 Southern Pacific first ref 4s... 93 93 Southern Pacific col 4s S6 Southern Railway 4s 70 70 St L 4 S F ref 4s 78 7S Union Pacific conv 4s ..102"i 103 Union Pacific ref 4s 95 96 United States Steel S F 5s 112 112 United Stares 2s registered 101 101 United States 2s coupon 101 101 United States 3s registered 102 102 United States 3s registered 102 102 United States 3s coupon 102 102 United States 4s registered 113 114 United Stctes 4s coupon 113 114 Wabash first 4s 69 70 Western Union 4s..' 9S Westinghouse conv 5s 94 95 Western Pacific 5s CI 82 Wisconsin Central 4a 91 92 West Shore 96 9S Money, Exchmngv, Etc LONDON, Sept. 23. Bar silver, firm. 2Sd per ounce; money. 12 per cent; rat. of discount for short bills. 3 percent: do. tare, months' bills, 3 11-163 per cent. NEW YORK. Sept. 23 Money oa call. firm, 4 f3 per cent; ruling rate, 4; clos ing bid. 4: offered at 4 per cent Time loans, weaker; 60 days, 3g5 per cent; 90 days. 5 per cent; six months, 3 G5 per cent. Prime mercantile paper, 5 6 per cent. Sterling exchansre steady, with actual busi ness in bankers' bills at S4.SZ25 for 60-da bills and at 84.8500 for demand! Commercial bills. 4.S1. Bar silver. 03c Mexican dollars. 48c. Government bonds, irregular: railroad bonds, firm. . SAN" FRANCISCO, Sept. 23. Sterling on London Sixty days. 4.S2: do. sight. 4.85. Silver bars, 3c. Mexican dollars, nominal. Drafts, sight. 4c; telegraph. 7c. Stocks ac Boston. i BOSTON. Sept. 23. Closing quotations: Alloues 40'Mohawlc 67 Amalg Copper.. 89,Nevada Con .... 22 A Z L & Sm... 32 INipisslng Mines. 5 Arlxona Com .. 4 North Butte 34 B & C C & S M. 7;North Lake 4 4 Cal A Arizona.. 82 Old Dominion... 5U Cal & Hecla....570 jOsceola 11.1 Centennial 19iQulncy 89 Cop Ran Con Co 58;Shannon ....... 10 E Butte Cop M. 15 Superior 43 Franklin 9 jSup & Bos MJn.. 1 Giroux -Con .... 5jTamarack 43 Granby Con ... 58!U S S & R M... 47 Greene Cananea. 9; do preferred... 50 I Royalle (Cop) 35 jutah Con 11 Kerr Lake 2'Utah Copper Co. 65 Lake Copper.... 30Vi'Wlnona 4 La Salle Copper 5 ! Wolverine 80 Miami Copper... 29, Condition of the Treasury. WASHINGTON Sept. 23. At the begin ning of business today the condition pf the United States Treasury was: . Working balance in Treasury of fices $ 86,620.510 In banks and Philippine treasury 33.46S.732 Total of general fund 148.447.331 Receipts Saturday 2.873.719 Disbursements 2.055.972 The deficit to date this fiscal year is J10. 055,471. as against a deficit of 19,471,167 at this time last year. These figures exclude Panama Canal and public debt transactions. YARDS WELL FILLED LIVESTOCK MARKET OPEXS WITH AJi ACTIVE DEMAND. Prices Are Steady at the Closing Range of Last Week Best Hogs 'Sell at $8.65. The week opened at the stockyards with a large run of all kinds and an active de mand, which continued throughout the day. The prices that prevailed at the close of last week were well maintained. Several loads of choice steers were sold at $6.90 and $7 and other grades ranged in price from f6.75 down to ?6. The bulk of the cow sales were at $5.85 and $5.90, but a small load of top grade sold at 96.25. For two loads of high-grade heifers buyers paid $6.85. Offerings of calves were larger than usual and the best brought $8.50. In spite of the eight loads of hogs re ceived, the market did not go under livt week's level, buyers paying $8.60 and $8.65 for the best jstock offered. Heavy hogs sold at $7.50 and $8. A number of sales were reported in the sheep market at prices ranging from $4.25 to $5.25. Receipts were 6S0 cattle, 703 hogs and 927 sheep. Shippers were L. A. Lawson. Baker, 3 cars of cattle; James Dorsey, Gilbert, III., 1 car of cows; W. R. Dishman, Joseph and Enterprise, 9 cars of cattle; W. J. Blake, Red Rock, Mont., 3 cars of cattle; Howard Bros., Baker. 1 car cattle; G. Sloan, Parma, Idaho, 1 car of hogs; H. Sallen, Parma, 1 car of hogs; W. B. Kurtz, Hunts Ferry, 1 car of hogs; W. W. Lloyd, Roblnette, 1 car of hogs; Harry Patsen, Forest Grove, 1 car of sheep; W. S. Ditzman, Lookingglass, 3 cars of sheep; A. Richeicorser, Finks, 1 car of hogs; McGill & Fensel, Ontario, 2 cars of cattle; Lynch & Phillips, Payette, 1 car of hogs;. G. W. Owen, Idano Falls, 2 cars of hogs; S. K. Clark, Dubois, Idaho, 3 cars of cattle, and E. Davis. Dubois, 2 cars of cat tle. The day's sales were as follows: Weight. Price. 28 steers 1077 $7.00 18 steers 10S7 7.00 15 steers 1030 7.00 18 steers 1022 6.90 2 steers 1070 6.75 7 steers 995 6.75 1 steer 105O 6.75 1 cow 1130 4.00 1 co.v 1090 3.50 1 cow 1230 5.50 12 steers 897 6.50 2 steers 916 6.00 23 steers 1005 6.90 26 cows 1025 5.90 25 cows 1025 5.90 24 steers 1142 7.00 24 steres 1131 6.70 18 steers 1072 6.90 22 steers 1063 6.40 1 steer 9S0 6.40 1 steer , 890 6.40 1 steer 900 6.40 1 steer 1190 6.73 13 steers ...1105 6.55 1 steer - 780 6.80 S steers 1060 6.80 1 steer 900 6.80 20 steers 980 6.S0 1 heifer 770 6.25 1 heifer 900 6.25 1 cow 1130 5.75 5 calves 380 6.50 14 calves 230 8.50 1 calf ISO 8.30 43 calves 242 8.50 1 calf 170 8.50 5 cows 1063 5.25 24 cows 953 3.85 2 cows 960 5.85 1 cow 1070 5.85 7 cows 954 5.85 15 cows 80S 5.85 6 stoers .1053 6.80 S cows 1073 5.50 1 bull 1590 4.00 7 cows 851 5.50 2 cows 705 4.50 1 cow 890 4.50 1 cow 870 8.30 1 bull I 1190 3.50 93 hogs 202 S.60 2 hogs 445 7.50 2 -bogs 285 8.00 79 hogs 185 8.50 5 hogs 270 .805 1 hog 380 7.50 59 hogs 193 8.65 7 hogs 345 7.30 24 hogs 212 8.00 8 hogs 152 8.60 39 hogs ... 2'4 8.60 81 hog 216 8.60 5 sheep 70 5.25 23 sheep 108 4.75 312 sheep 118 4.63 81 hogs 173 8.65 9 hogs 261 7.50 9S hogs 202 8.40 105 hotrs lr'S 8.40 10 cow 1109 8.25 1 steer 1040 5.00 1 st3er 1040 5.00 1 steer 900 5.73 5 cows 1052 3.50 5 heifers 916 6.35 3 heifers 1000 6.35 46 lielfer 1020 6.35 1 bull ........1120 6.35 1 bull 1300 4.75 1 bull 1400 4.75 70 sheep 70 3.25 108 sheep .'. 108 4.25 The range of prices at the yards was as follows: t Choice steers $6.85 $7.23 Good steers t.25 6.65 Medium steers 4 06 9 6.M Choice cows 6 00 6.50 Good cows ......... $.569 S.73 Medium cows i.OOtf l.ii Choice calves 70 $.36 Good heavy calves 6.25 0 7.01 Bulls ion a 4.S6 Stags S.Oit $.71 Hof- Light 8.5019 8.65 Heavy 7.50HJ 8.00 Sheep Yearlings .- X.6UO 4.(1 Wethers 4.009 4.63 Ewes 8 000 3.S5 Lambs 5.00 0 6.00 Omaha Livestock Market. OMAHA. Sept. 23. Cattle Receipts. 14. 300; market for beet steady, others lower. Native steers, $5.S5Sr 10.35; cows and heifers, $3.506.75; Western steers, $5.008.50; Texas steers. $4.506.60; range cows and heifers. $3.256.50; canners. $3.004.25; stockers and feeders, $4.508.13: calves, $5.O0&9.OO; bulls, stags, etc.. $4.255.50. Hogs Receipts 2000, market 5c higher. Heavy. $8. Soft S. 50; mixed. $8.40& &.5O; light, $S.50aS.65; pigs. $6.(JU7.5U; bulk of sales, $8.409 8.50. Sheep Receipts, 45.000: market slow to 10c lower. Yearlings, $5.0035.60; weth ers, $4.004-50; ewes, $3.5044.25; lambs, $6.506 7.35. Chicago livestock Market. CHICAGO, Sept. 33. Cattle Receipts, 22.000; market steady to 10c lower; beeves, $5.80911.00:. Texas steers, $4.6036.35 : Western steers. $6.009.30; stockers and feeders, $4-406.70: cows and heifers, $6.50 SS.00; calves. $8.0011.50. Hogs Receipts. 28,000; market steady to shade higher; light. $8.258 8.85; mixed. $8.10$. 82; heavy, $7.90&8.75; rough. $7.9017 8.10; Pigs. $5.O08.OO; bulk of sales. $8.25& 8-70. Sheep Receipts. 35,000; market weak tb 55c lower: native. $3.3534.40; Western, $3.50 &4.50- yearlings. $4.505 5.45; lambs, native, $4.7507.10; Western. $4.657.30. Railway mileage of Brazil: The length of railwavs in Brazil at the end of last year was 22,129 kilometers U3.730 miles) an in crease of 758 kilometers 471 miles) over the total of 1810. WHEAT IS PILING UP Increasing Stocks Cause Prices to Sag at Chicago. ALL STATISTICS BEARISH Receipts at Northwestern Points Far in Excess of a "iear Ago Fore casts of Cold Weather Have Little Effect. CHICAGO. Sept. 23. Increasing stocks of wheat proved too much of a burden today for prices. The market closed weak to a shade a half cent net lower. j - Traders took due notice of the fact that within the last few days nearly 1.000,000 bushels had been added to the amount of wheat In store at Chicago. In this connec tion, attention was also given to the big In crease in the United States available supply total, 3.543.000 bushels, as against 74.000 bushels decrease for the corresponding time a year ago. World's shipments, too. were large, as expected, and receipts Northwest continued far- in excess of the figures 12 months back, with Winnipeg predicting decided gain tomorrow. Forecasts of rain, snow and cold in the Spring-crop belt afforded ammunition to combat the wheat bears, but selling pressure became pronounced as the season neared an end. Corn finished c down. At the end, oats were off c to &c. At the close; provisions varied from 30c decline to-ac advance. T i The leading futures ranged as follows: WHEAT. . Open. High. Low. Close. Sept. $ .90 $ .HI $ .90 $ .0 Dec .91 .91 .91 .91 May 95 .96 .95 .95 CORN. Sept 71 .72 .71. .72 Dec 53 .53 .53 , .53 May 52 .52 .52 .52 OATS. Sept. 84 .35 .84 -.84 Dec 32 .32 .32 .82 May 34 .84 .84 .84 MESS PORK. Sept. 16.75 16.75 16.65 16-iS Oct. 16.75 16.75 16.42 16.62 Jan 18.03 18.15 18.05 18.12 LARD. Sept. .... 10.97 11.05 " 10.97 Oct. 11.07 11.07 10.95 11.05 Dec 10.80 10.80 10.70 10.70 Jan. 10.57 10.57 10.47 10.52 SHORT RIBS. Sept. .... 10.62 10.70 10.62 10.70 Oct 10.65 10.65 10.57 10.62 Jan 9.85 9.85 9.75 9.77 Cash quotations were as follows: Flour Steady. Corn No. 2, 72 73c: do. white, T4 74c: do. vellow. 73l873c: No. $, 72 72c: 'do. white, 73 74c: do. yellow, 73 473c; No. 4, 7Z87Zc; ao. wnue, nit 6 73c; do. yellow, 72!?720. Rve No. 2. 70(S71c Barley Feed or mixing, 46 52c: fair to choice malting, b&f&ic Timothy 'seed 2.508.8. Clover seed $13017.50. Pork Mess, $16.60 16.76. Lard In tierces, $11.07. . Short ribs Loose, $10.25 10.76. Grain statistics: Total clearances of wheat and flour were equal to 635,000 bushels. Primary receipts were 3,103,000 bushels, compared witn 1,105, 000 bushels the corresponding day a year ago. The visible supply of wheat In the United States Increased 3,453,000 bushels for the week. The amount of breadstuff on ocean passage increased 688,000 bushels. Es timated receipts for 'tomorrow: Wheat, 480 cars; corn, 506 cars; oats, 431 cars; hogs, 1800 head. ' Grains in San Francisco. SAN FRANCISCO, Sept. 23. Spot quo tations Walla, $1.47 1.50; red Russian, $1.47 1.50; turkey red, $L651.57; bluestem, $1.55 1.57; feed barley, $1.42 S1.45: white oats, $1.60 a 1. 62: bran, $23.50g;24.0O: middlings, $32.00833.00; shorts, $27.00 27.50. Call board sales: Wheat December, $1.50 bid, $1.63 asked per cental. Barley December, $1.38 per cental. Minneapolis Grain Market. MINNEAPOLIS, Sept. 23. Close Wheat, September. 87c; December, 89c; Maj, 4394c. Corn No. 3 yellow, 7070c. Oats No. 3 white. 30e81c. Rve No. 2. 616 63c Flax $1.76 1.76. Barley, 40 69c. - Puget Sound Grain Markets. TACOMA, Sept. 23. Wheat Bluestem, 82S2c; club, 7980c. Car receipts wheat, 76; oats, 9; hay, 19. SEATTLE. Sept. 23. Wheat Bluestem, 82c; fortyfold. 79c; club, 79c; fife, 7c; red Russian, 77c Visible Supply ot Grain. NEW YORK. Sept. 23. The visible supply of grain in the United States Saturday, September 21, as compiled by the New York Produce Exchange was as follows: Bushels. Increase. Wheat 30,1.13,000 3.454,000 Wheat in bond 298,000 120.000 Corn - 2.308.000 800,000 Oats 8,799.000 1,962,000 Oats in bona w.ww Rve 827,000 121,000 Barley 1,864,000 404,000 Barley in bond 21,000 Decrease. . " European Grain Markets. LIVERPOOL, Sept. 23. Close October, 7s, 8d; December, 7s, Sd; March, 7s, 4d. Weather fine. English country markets quiet, French Country markets firrn New York Buys Gold in London. ' LONDON. Sept. 23. The United States was again a large buyer of bar gold here tnriav when $2,250,000 was purchased on bew- half of American bankers at the rates of 77s 9d per ounce, tne same price as last week. The balance of the $3,000,000 offer was taken by India. Chicago Produce Market. CHICAGO, Sept. 23. Butter Steady; creameries. '24S28c; dairies. 22IS24c Eggm Steady; receipts 4506 cases; at mark, cases included, 18&19c; . ordinary firsts, 20c: firsts! 22c. Cheese Steady; daisies, 15 16c: twins, 15-15c: Young Americas. 15&16c; long horns, 15 ft 16c Naval Stoma. S A V AN Art. aept. ts. xurpeniine iirra 38c: sales. 100; receipts, 571; shipments, 112; tock. 38,700 1m. KOSin iinn Duluth Flax Market. DULUTH, Sept. 23. Linseed on track. $1.80; to arrive, $1.68: September. $1.78; October. $1.65 asked; November, $1.63 asked; December, $1.57 asked; January, $1.57 asked. Wool at St. Louis. ST. LOUIS. Sept. 23. Wool Steady; ter ritory and Western mediums. 21325c; fine mediums. 18a20c: fine. 13g17c Hope at New x'ork. NEW YORK. Sept. 23. Hops Steady. 0. A. C. ENROLLMENT 1000 Opening Attendance Shows Increase of 35 Per Cent. OREGON AGRICULTURAL COL LEGE, Corvallis. Or., Sept. 23. (Spe cial.) The regular registration period at Oregon Agricultural College closed today with the enrollment standing at an even 1000, and marking an increase of 85 per cent over the students en rolled fprthe first semester's work in 191L This increase exceeds all expecta tions, and is a source of gratification to the college authorities, even though the dormitories and classrooms are taxed to the limit. Many old students have not yet ar rived, and the enrollment is expected to reach 1200. The increased attend ance is distributed among practically lumbermens National Bank Capital $1,000,000 Our Travelers' Checks The safest and most convenient method of carrying money yet devised is offered by our travelers' cheeks. The cost is trifling. Compound Interest on Savings THE UNITED STATES NATIONAL BANK PORTLAND, OREGON The up-building ,jf this bank has been due to a policy that has been conservative, but progressive. Now rank ing as one of the strongest financial institutions in the Pacific Northwest, it offers clients every facility for the prompt and proper transaction of all branches of domestic and foreign banking, and such liberality of treatment as is consistent with prudence. Accounts ar solicited from those who contemplate opening new or additional accounts. CAPITAL. SURPLUS AND UNDIVIDED PROFITS OVER TWO MILLION DOLLARS LADD &TILTON BANK Established 1859. Capital Stock $1,000,000.00 Surplus and Undivided Profits 800,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, avail able in all parts of the world. OFFICERS. TV. M. Ladd. President. Robert S. Howard, Asst. Cashier. Edward Cookingham, Vice-Pres. W. Ladd, Asst. Cashier. W. H. Dunckley, Cashier. Walter M. Cook. Asst. Cashier. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rock'y Mountains THE LARGEST STEAMER IN TH E WORLD OLYMPIC New 45,324 Ton AMERICAN LINE N. a"., Plymouth, Cherbourg, Southampton Atlantic Transport Line New York London Direct. RED STAR LINE New York Dover Antwerp Farts WHITE STAR LINE New York Queenstown IJTerpool N. Y.. Plymouth. Cherbourg, Southampton Boston Quo nHtown Liverpool MEDITERRANEAN CRUISES From New York and Boston. HivlRMl Itaiv Ktvot. ComDtnr'i Oil ice Boom "B" Bailer Building, Second and Cherry St. Seattle lvocal Kail kaT ana all departments of the college, but the department of domestic science and art leads, with 104 per cent more students. The department of forestry shows an Increase of 50 per cent agriculture 40 per cent and engineering 24 per cent Judge AVolverton to Preside. When the session of the United States District Court convenes at Med ford October 1 it will be presided over by Judge Wolverton and the other of ficials present will be United States Marshal Scott, Deputy Marshals Beck er and Beatty and Chief Clerk Cannon. Deputy United States District Attorney Maguire will represent the Government In all matters affecting Federal inter ests. There are about 20 cases on the docket for trial, a special panel of 35 Jurors having been summoned to be present and the witnesses already sub penaed will number more than 50. It is expected that this term at Medford will last fully two weeks. Walla Walla demonstrates the almost total absence of the need for repairs in bit ullthic pavement by tak ing advantage of her right to rescind the clause in her contract providing for a flat annual price to be paid covering all repairs. ESTABLISHED 1894 Railway, Lighting, Power, Water, Gas, Irrigation Construction Operation . j Reports 85 SECOND ST., SAN FRANCISCO. NEW IOKK N NEW ORLEANS Corner Fifth and Stark Sails fro 9 NEW YORK OCT. 19 November 9 Nov. 30 Dec 21 WHITE STAR-DOMINION Montreal- Quebec -Liverpool "MEGANTIC & "LAURENTir Largest and Finest Steamers n fit. Lawrence Koute Only Four Days at Sea TO BUROPE IN COMFORT AT MOI ' ERATB KATES. Twin Screw S. S. "Canada" "and Teutonic" ONE CLASS (II) CABIN 6ERVICH1 THIRD CLAS3 CLOSED ROOMd Baggage checked througb to Steamer In Bond. Embark night before sailings No hotel or transler expense. bteamiuiip Agent. J.CWILSON&CO. STOCKS, BONDS. GRAlIf AND COTTON MEMBERS ' NEW YORK STOCK BICHAITGa NKW YORK COTTON KXCHAIVGH. CHICAGO BOARD OP TRAOB, THE! STOCK AND BOND EXCUAMStV SAN FRANCISCO. PORTLAND OFFICE: Main Floor Lumbermen Sank Bldj, Fifth and Stark. Phones Marshall 4120. A 4187. TRAVELERS' CCUJK. EXPRESS STEAMERS FOB 6au Francisco and Los Angeles WITHOUT CHANGK S. S. BEAR sails 9 A. M. September ti. THE SAN FRANCISCO PORTLAND S. 8. Co. Ticket Office lit Third Street, Phono Main 6U5. A Z&Slt. San Francisco, Los Angeles and San Diego Direct S. S. Eoanoke and S. S. Elder. Sail Every Wednesday Alternately at P. M. NORTH PACIFIC S. S. CO. Itt A Third St. fliones Main 1311. A 1311 COOS BAY LINE RitA-atK UliliAiiWATUt Sails trom Alnswortn Uoca. Portland, al 8 A. M., September 2. 7, 12, 17, 22, 27: October 3, 8, 16, Ti. SO. Freight received at Alnswortn Dock dally up to 5 P. U. Passenger tare First-class, $10; second class, X7, Including berth and meals. Ticket office at Ainsworth Dock. Telephones Main 8800, A 2332. Portland A Coos liay SS. Line. H. J. Mohr. Aaent. LOS ANGELES AND SAN DIEGO STEAMSHIPS YALE AD HARVARD, Railroad or any steamer to San Fran cisco, the Expo City. Largest, fastest and the ONLY strictly first-class passenger ships on the Coast. Average speed 2S miles per hour; cost 2,000, Ouu each. SAN FRANCISCO, PORTLAND & L. A, S. S. CO, Main 628. Frank Bollaiu, Agent. A 4596 X2H Third Street. AUSTRALIA AND NEW ZEALAND (Union Line of N. Z.) SYDNEY VIA TAHITI AND WELLINGTON Direct through steamers, sailing from Sen FVanclsro Oct. lrt and Nov. -13 and every Z days. The line to the Isles of the Mouth Seas. For reservations see Coupon Railroad Agents or address Hind, Rolph A Co., general agents. 67V Market St., San Francisco.