Morning Oregonian. (Portland, Or.) 1861-1937, October 04, 1912, Page 21, Image 21

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    THIS JtlOlLNlAtt 01ifct0lA2,' tKlDAi. QC'lO.Bi:ii . iSi..
HIDES HOLDING UP
Dealers Look for . Break in
Market Before Long.
FORMER PRICES CURRENT
In the East Country Hides Are
Weaker in Tendency, but Packer
Stock Is Strong Tanners
Threaten to Close Down.
The local hide market holds fn a steady
way and buyers are still paying last
week's prices, quoting; IS cents as the out
side figure on the best salted 'offerings.
Most of them are of the opinion that prices
will have to give way sooner or later, but
there Is no definite Idea aj to when the
break will come. In the meantime the
supply reaching the market Is limited and
this keeps the market In a firm position.
Mall advices received from the East yes
terday by local- dealers reported a fair
amount of business passing there, ' but
there was an easier tendency In country
bides, a offerings were free. These ad
vices were supplemented by wires noting a
quarter cent decline during the day. Packer
hides were the strong feature of the mar
ket. Chicago trade report dated Sep
tember 38 said:
The strength In the hide market con
tinues pronounced. Prices have become
aomewhat erratic and there are reports of
unusual Jumps, especially in dry-hide values
and In certain varieties of packer hides. In
some quarters the extreme statements are
questioned. One car of August native
steers was reported sold In the Chicago
packer market this week at 20 cents and
there were reports current of 6000 hides
being moved at this figure. Offers of
dative steer hides ahead at the former es
tablished price of 19 H cents have., been
made.
"Sales in the packer market have been
moderate and some tanners are now talk
Ins; of closing their tanneries or materially
curtailing production, rather than pay the
present high values for raw hldesr Such
sales as have been made of branded hides
have been at full rates. Including heavy
Texas steers at 17 cents, branded cows
at 17 cents, butt brands at 17 ft cents and
Colorados at 17 hi cents.
"Country hides have eassd off somewhat
from recent top rates, and a number of
sales have been made of Chicago, as well
as Ohio and Pennsylvania ' buffs at IShi
cents and extremes at IS cents.
"The chief excitement of late has been
In Latin -American dry hides, which ad
vanced on sales a further 4 cent, with
another cent Increase now being asked
for more. Bogota dry hides sold up to
27 cents with 28 H cents now asked and
bids of 28 cents for Orinoco and 27 cents
for Central Americans nave been declined.
Material advances are also being demanded
for all kinds of River Plate dry hides.'
WHEAT TRADE ' OF SMALL ' VOLUME
Farmers Slow Sellers at the Prices Now
Offered.
Transactions In the wheat market yes
terday were of very small volume. Dealers
were bidding 76 cents for club and 80
cents for bluestem. but there were but
few sellers. It Is estimated by some of
the grain men that the farmers to date
have sold half of the crop. Those who were
disposed to let go got out early when the
market was good, while those who held
for higher prices are not willing to sell
now, when values have declined.
The oats and barley market were rather
quiet at the prices that have prevailed
for the past week.
Local receipts, In cars, were reported by
the Merchants' Exchange as follows:
Wheat Barley Flour Oats Hay.
Monday 196 16 - 10 12 15
Tuesday 8 3 12 5
Wednesday .... 114 IS 5 27 4
Thursday 110 7- 6 12 3
Tear ago 110 2 14 17 11
Feason to date 4529 583 PSS 3Hl 495
Year ago 3277 ' 171 734 844 719
0 SALE REPORTED IX HOP MARKET
la Aurora Section 174 Cents Is Bid for Fair
Primes.
No further hop sales in the Dallas sec
tion were reported yesterday. In the Au
rora district 173 cents was bid for fair
primes.
California reports told of a quiet market
there.
Imports of hops Into Great Britain, less
exports for the year ended August 31, 1912,
were 84,286 cwts., as against 178.158 cwts.
for the previous year, and 112.103 cwts two
years ago. The 1911 English crop of 328.023
plus Importations for the year of 84,286
cwts. deducted, from the annual require
ments figured at 600.000 cwts., shows a
deficiency of 187.691 cwta., evidently taken
from reserves of previous years.
CALIFORNIA GRAPES GOOD SELLERS
Receipts of Local Concords Are Lighter
Peach Traee DulL
Grapes were the most active feature of the
fruit marker y&TeYday. Two cars of To
kays were received from California and
sold well at SI a crate. Receipts of local
Concords were moderate, but retailers were
still well supplied.
The peach market is dull and no Im
provement Is looked for. Apples continue
slow and lltte Interest in the market Is
expected until Summer fruits are out of
the way.
Cauliflower Is the weakest Item In the
vegetable list, as the market Is badly over
stocked. Celery is also too plentiful. A car
of sweet potatoes was received during the
day.
BREAK IN THE POULTRY MARKET
Hens and Springs Sell at the Lowest Prices
of the Settaon.
The poultry market broke badly yester
day. Hens and springs were offered at 12
and 12 H cents and did not clean up even
at the lower figure. Oiher kinds were In
lighter supply and wen steadier.
Heavy receipts of voc-1 caused weakness
In that line, while dressed pork was easi
er in sympathy with the decline at the
yards.
Eggs were scarce and firm at the old
price.
Butter was closely cleaned up and firm.
Cheese was also firm.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
c purines. Balances.
Portland
eattlo ,
Tacoma
Spokane
S2.1S2.SMS $1S2.002
2, 1P3.SU 3.10.549
C43.2S7 Sd.902
1.1U4 Ml 160.O69
PORTLAND MARKETS.
Grain. Flour. Feed. Eto.
WHEAT Track prices: Club. 7c: blue
stem. 80c: forty-fold. 7'c; red Russia, 75o;
"i'LOCR Patents. 4.J0 per barrel:
strairnts. a.0: exports. $J.S0S.T; Val
ley M.30: graham. 14.20: whole wheat. $4.40.
M1LL.STCFFS Bran. $21 per ton: shorts.
$3: middlings, t-'-- ro led barley. S2T.50O
I S. ."..
BARLETFeed. S24S25 Per ton; brewing.
12$ 30 per ton.
COKN Whole. 3S; cracked. ?39 per ton.
HAT No. 1 timothy. 17: oat and vetch.
Hi; alfalfa. S12; clorer. 110: wheat hay.
'oATS Spot. :5325.!'0 per ton: futures,
-'4.308 23 per ton.
Vegetable aid Frnlre.
FRESH FRUITS Ap'Jles 0c t $1 .50" per
box: peaches. SoflSOo per bos: pears, TSc0
gl.GO per boi: grapes, SI per box; cran
berries. SS per barrel.
TROPICAL FRUITS Oranges. Valencia.
tic 4. SO: California grapefruit, sa: lemons
crate: watermelons. 1 per hundred: Cas
savas. 'l per dozen.
ONIONS Oregon. 1.10 per sack."
POTATOES Jobblnr prices;- Barbanks.
60&7SC per hundred: aweet potatoes, 2ic
per pound.
VEGETABLES Artichokes. 63ST5c per
fioxen; bearts. 2c; cabbage, leilie per
pound: cauliflower. 50c Jl pei doien: cel
ery, ittljc per doxen; corn, 75c1.00 per
sack: cucumbers. 50c per box eRffStant.
S1.25&1.50 per box; head lettuce. 20r25o per
doxen: peppers. 0S tic per pound: radishes.
131920c per dozen; tomatoes, 60660c per
box ; earlic. 8 'a 10c per pound.
SACK VEGETABLES Carrots. L25 per
sack: turnips, S1.0O per sack; beets, lul
per sack: parsnips: SL25,per sack. .
Dairy and Country Producer
EGGS Oregon extras, 33c per dozen.
CHEESE: Triplets. 171c per pound,
twins. 17c; daisies. 17&c; Young Ameri
cas. lc per pound.
BUTTLK Oregon creamery butter, cubes
i3ic per pound; prints, 34c per pou.no.
PORK Fancy, llll!4o per pound.
VEAL Fancy. 13fcfcl44c per pound.
POULTRY Hens, 1212iic; broilers, 1
612fc,c; ducks, young, 1212V,c: geese. He.
turkeys, live, IS g 22c: dressed, 25c.
Staple Grocer!..
SALMON Columbia River. one-pound
tails. 2.23 per dozen: eight-pound talis.
S2.95; one-pound flats. S2.40; Alaska plak.
one-p'ound tails. $L2& .
COFFEE! Roasted. la drums. 24JJ40O
per pound. , . .
HONEY Choice, $3.73 per case; strained
honey. IOC per pound.
NUTS Walnuts, 160 lHo per pond:
Brazil nuts. 13V4e; filberts. 14013c; al
monds. 1721c; peanuts, 58S coroanuta,
Wcl per dozen; chestnuts. 12$ic ter
pound: hickory nuts. 10o per pound.
BEANS Small white. 8.40c; ;arge white.
i.20c; Lima. Biio; Pink. 4.1Sc; Mexicans.
4c; bayou. 4ViC
SALT Granulated. 115 per ton: hall
ground 100s. $7.50 per ton: 60s. $a per ton.
SUGAR Fruit and berry, ; .85; Honolulu
plantation, $5.80; beet. $5.63; extra C. $0.85,
powdered, barrels, $6.10; cube, barrels, s.2o.
R1C1 No. 1 Japan. 6c; cheaper grave.
6c; Southern head, lA7a
DRIED FRUITS Apples, loc per pount:
apriocts. 12lc; peaches, 8 11c; prunes,
Italians, SO 10c; sliver. lsci figs, white and
black, ettJ7c; currants, fco; raisins, loose
Muscatel. 97ac; bleached. Thompson,
Uttc; unbleached Sultanas. 814c: aeeded,Ii,
t8Vc; daws, Persian. 8o per pound;
hard, SI. SO per bo.
Provisions.
HAMS All sizes, is 18c; ' picnics.
11 "c; skinned, 1819c; boiled. 27c
BACON Fancy. 27 28c; choice, 19023c.
DRY SALT MEATS Backs, dry salt, 1J
014c; backs, smoked. lettOlStte; bellies,
dry salt, 14 lie; smoked, 16c.
LARD Tierce- basis, choice, 15c; com
pound, 9c
slisCKLLANEOUS-Plgs- feet kilts. fUl;
Heed beef, Insldes. $23 per case; dried best
Insldes. 24c per pound; sausage, cervalat,
20025c; holsteiner. l&o; Italian ham. zoo;
liver sausage, quarters, $3; Vienna aauaaje,
quarters, 3.5. -
Hope. Wool and Hides.
HOPS 1912 crop, prime and choice, 16 0
18 fee per pound. '
MOHAIR choice. 82o per pound.
PELTS Dry, lie; full wool butcher pelts,
(1 20 W 1.75; searing, 250 600.
WOOL Eastern Oregon. 140180 e
pound according to ahrinkaga; Valley, 211s
tt-'21c per pound.
wines Salted hides. UVClSo per pound;
salted calf. 18o; aalted kip. ll12o;
green hides, llcVs dry calf. No. 1, 25c; No.
2. 20c; dry hides, 20 0 22c; aalted stags, lis
&i8c; gren stass, 6 ft O 7c.
CASCARA Per pound. 4Ooo; earlota, i
es-
linseed Oil and Turpentine. " '
LINSEED OIL Raw, barrels, 73o; boiled,
barrels, 75c; raw, cases, 73c; boiled, cases.
80c
TURPENTINE! Cases. 60c; barrels, STa
per gallon. - '
HOGS ARE STiLL ? WEAK
OTHER LINES ABOUT STEADY AT
1 THE STOCKYARDS.
Most of the Cattle Offered Are of
Medium Grade Bun of
Sheep Is Imrge.
There was no special feature to the trade
at the atockyards yesterday. Hogs con
tinued easy in tone. Most of the cattle put
on sale were of medium grade. Sheep re
ceipts were large, but few sales were re-
nnrtaft.
Two loads of steers were disposed of at
$6.30 and 6.85 and smaller lota sold irom
$6.25 to $6.75. Good cows brought $6 OTrd
$6.10. . w
In the hog market, good light weight stock
brought $8.45 to $8.56. Heavy hog sold at
$7 and $7.25. ,
The few transactions in the sheep market
were at former prices.
Receipts were 242 cattle, 38S hogs, 1748
sheep and 96 horses.
Shippers were: P. J. Allison, Malta, Monk,
2 cars of cattle; T. Kopplin, Plalnview, 1
car of aheep and hogs; F. B. Decker, Ger
vais, 1 car of cattle and hogs; M. J. Sevier.
Medford. 1 car of cattle and hogs; L. E.
West. Oakland, 1 car of hogs; J. a Davis,
Shedds. 1 car of sheep and hogs; William
Daughtrey Stantleld, 2 cars of cattle; J.
Rich, Baker, 2 cars of cattle; J. E. Cherry,
Huntlnnon. 1 car of horses; O. E. Goslip,
Joseph, 2 cars of cattle; Hy Blackwell, On-
IttllU, A LOl VI L-.-'.-j . w H .. ,
l ur at hoes: W. H -Miller. Condon. 3 cars
of horses, and Arthur Juaaaen, muter, o
cars of sheep.
The day's sales were as-zoiiows:
Weight Price.
1 bull 1210 $5.00
1 calf 500 6.10
6 cows 1132 5.25
11 cows 10S 610
1 ateer S60 6.00
4 steers io-- o-;
7 t.r 991 6.40
28 cows 10SS 6.00
10 hogs ji -w
2 hogs 51o 7.00
? 35S 7.23
6 wethers 141 4.30
1 ewe f i5
54 hogs ., " 5.5JJ
HO hi.CR 1H 1.1V
fi SoI ? w
12 wethers.... Jl -
140 3.83
S3 hogs IJ
10 hog -v ! 00
6 hogs
28 steers 4 -o
29 steers JJ B 0
7 steers ...-............. .1-12 6.-5
1 co 1200 6.00
1 ?ow :: W0 -50
The range or prices at tarn yards was ss
nllA-
Choice 'steers 6.757.00
Good steers J;Sg 5 5!
.,r.. ...... (.000 6.25
Choice cows 6.000 6.25
Good cows '"SS fit
w.ji fi.OOlo) 5.25
Choice calves H2f 5 iX
Good heavy calvea 6.25 700
Bulls , $.00 5TT0
stag" ' "o $.2
Ll?ht"rr. 15?
HJavy 7.00 it 1.IO
YearhnW ff
Wethers ?
i--we5 2-io -00
Lambs '. 8-85 6.00
Omaha livestock Market,
OMAHA, Oct. S. Cattle Receipts. 45O0:
market steady. Native steers. $0.3010.20:
cows snd heifers. $3.3C6.60: Western
steers, $58.40; Texas steers. $4-5006.20;
range cows and heifers, $3.230.30; can
ners. $3u4.25: stockers and feeders. $4,509
7.75: calves. $4.750 8.75; bulls, stags, etc.
$4. 25 ffS.2o.
Hogs Receipts. S700: market. 10c higher.
HA,vi. tliiS.i(W! mixed. X8.30fi8.60: UKht.
$8.550 8.65; pigs, $68; hulk of sales, $8.50
O ci-ov.
gbeep Receipts. 18.500; market, steady
to stronger. Yearlings. $4.900 3.20; welhers,
$3,600: ewes. $2.830 3-75; lambs. $6 06.50.
Chicago IJveatock Market.
CHICAGO. Oct. 8. Cattle Receipt!. 6000;
Texas sters. $4.500 6; Western steers, $6.73
09: stockers and feeders. $4.3507.75: cows
and heifers. $2.8508: calves, $SO 11-50.
Hogs Receipts 14.000; market, slow to
10c higher. Light. $8.5009.15: mixed. $8.50
0 9-20; heavy. $8.35 0 9.15; rough, $8.35
8.55: pigs. $5.50OS.4e; bulk of sales, $8.. 5
6 Sheep Receipts. 25.00: market, steady.
Native. $3.23 34.25; Western. $3,450 4--;
yearlings. $4.25 0 5.25; lamba, native. $4.50
0 6-eO; western. ... i -
Coffee and Sugar.
NEW YORK. Oct- . Coffee futures
closed firm. 5 to 15 points net higher. Sales.
84.!0 bags; octooer. i.vc.
,.A... -h..- un?r: January. 14.06c;
F-.hmLrv. 14.10c: March. 14.15c; April.
14.17c; May. June. July, August and Sep
. . - - hi a f
Spot steady. Rio 7s. 14c; Bautos 4a.
ianA wiiirl mifMt- rTordova. KOlSO.
H.to-ar Raw str-adv: Muscovado, .89. test
fntrituBAi fi. test 4.14c; molas-
. fis tern. Z.23c Sales. 800 bass. Re-
tuied steady.
STOGK RISE SHARP
More Cheerful Sentiment in All
"Financial Centers. '
GAINS START AT LONDON
Early Advances Range Up to Two
Points In the heading Issues.
Copper Makes Xew High Quo
tatlon for Present Period.
NEW YORK. Oct. 3. The more cheerful
sentiment which prevailed at all Impor
tant foreign centers of finance today, hy
reason of the change in the Balkan situation,
and the retention of the Bank of England
4 per cent discount rate and tne easing m
local call and time loans, were productive of
a very strong and active stock market.
The rise here was forestalled by Lionuoii.
where Americans closed with general gains,
the more substantial being scored by the
innMn Bt.nl . iftil.nr Readlns. Penn
sylvania, St. Paul and Union Pacific All
these stocks and numerous otners rose tare,
fractions to two points In this market be
fore noon on a volume of business larger
than any attained since the inauguration of
the present upward movement. The ad
vance was arrested from time to time, chief
ly as a result of realising sales, only to
make greater headway later.
A few of the more potential issues were
at their best in the last hour. In addition.
various specialties advanced 1 to 2 points
with a renewed demand for the Ininor steel
shares. Reading. Steel and Amalgamated
Copper overshadowing all other issues, the
rormer making a new hlgn quotation tor tne
present oerlod. Union Pacific and St. Paul
moved up briskly, St. Paul responding to
Its excellent Auaust statement.
Towards the close further profit-taking
made its Impression on some of the lead
ers, recessions from the top extending to a
point.
Bonds were firm on a wide distribution.
Total sales, par value,' $2,300,000.
United States Government bonds were un
changed on call
CLOSINCSTOCK QUOTATIONS. ,
Closing
Sales. High. Low.
44.400 92 hi 91
1.000 59 691i
UO 75 75
7,100 45!4 44
Bid.
Amal Copper . .
Am Agrlcult ..
Am Agrlcult . .
American Can ..
82
69
74
44
123
62
56
23
14
44
89
108
127
do preferred. .
Am Car & Fdy. 1,400
Am Cotton OIL. 200
Am Ice SecurL. 200
Am Linseed . . . 800
Am Locomotive 1,500
Am Smel & Ret 8.500
62
57 44
23
114
tv
127
144
66
23
14
44
88
127
144
47'
109
102
144
108
60
91
175
82
84
iii
141
4214
do nref orred. . ......
Am Sugar Ret.. 100
Am Tel St Tel.. 800
Am Tobacco
Anaconda M Co B2.100
144
269
47
110
102
143
109
50
lV
176
32
85
17
111
141
. 42
147
15
170
23
41
82
37
54
44
183
140
50
130
20
62 .
124
21
15
27
29
106
174
163 -
148
30
45
136
65
29
116
37
116
64
129
85
125
117
110
25
40
168
175
33
91
2S
66
37
21
60
57
113
31
86
45
25
174
89
84
54
79
116
65
47
5
15
69
87
85
48
110
10C1,
144
11014
51 H
91H
278
82
8514
112
142
43
147
15
"28
41
33 44
87
55
Atchison 27.200
do preferred. . 200
Atl Coast Line.. 100
Bait & Ohio . . 10.700
Bethlehem Steel 2,900
Brok R Tran.. 2.100
Canadian Pao .. 11,800
Ceniral Leather 1.000
Ches & Ohio . .. 19,800
Chi Ct Western
C, M & St Paul. 20,200
Chicago & N W o0
Col Fuel & Iron 4,700
Consol Gas .... S.600
140
15
23"
40
32
37
64
Corn Products .. 700
Del & Hudson
D R Grande.. 800
do preferred.. 2.300
Distillers' Securl 2.2UO
Erie 6,800
do 1st pf .... 800
do 2d pf
Gen Electric . . 1,300
Gt North pf ... . 8.200
Gt North Ore . . 1,700
183
141
51
131
20
63 14
124
21
1S3
140
60
180
20
61
122
20
Illinois Central. eoo
Interbor Met .. l.lOO
do preferred.. 3,000
Inter Harvester 2,800
Inter Marine pf . 400
Inter Paper
Inter Pump ...
K C Southern.. 1.000
Laclede Gas
30 29
174 173
103 163
149 149
30 80
45
'65 'es'"
117 iie
S7 S7
116 11
84 84
129 128
36 85
125 124
117 117
110 110
25 23
40 40
Lehigh Valley.. 22,000
Louis ft Nash. . 300
M. S P St S S M 200
Mo, Kan Tex 2.100
Mo Pacific 5,400
Nta Biscuit
National Lead .. 800
N Ry Mex 2 pf
N Y Central ... 8,400
N Y. Ont & Wes 600
Norfolk West BOO
North American 600
Northern Pacific 21900
Pacific Mall 1.200
Pennsylvania ... 2.10O
People's lias . . BW
P, C C Sc St !. 4O0
ftttsourg uoai . ew
Pressed S Car.. 1,400
Pull Pal Car
Reading 176.100
Repub IAS.. 4,000
do preferred.. 100
Rock Island CO " 5.700
do preferred.. 4.200
St 1. St 3 F 2 pf 200
Seaboard Airline
do preferred., iiw
Sloes Sheffield GOO
Southern Pac .. 8,100
Southern Ry .. 1.500
do preferred.. o
Tenn Copper .. 1,500
Texas & Pao .. 500
Union Pacific. . 19,800
do preferred.. WW
TJ S Realty
U S Rubber O0
U S Steel 80,800
64
79
11
66
47
5
64
73
110
65
4
3
'69
84
do preferred. . ww
Utah Copper . .. 6.S00
Va-Caro Cbem . 400
Wabash 400
do preferred.. ...... ....
Western Md ... 400 59
Western Union
Westing Elec .. 1.70O
85
Wheel & L E. . 200
8
ToaI sales for the day, 663.100 shares.
BONDS.
Reported by Overbeck & Cooke Co., of
Portland.
Bid. Asked.
. .113 114
Amer Tel & Tel conv 4s. .
American Tobacco 4s....
American Tobacco 6s....
95
96
...120
... 97
...109
. .. 8S
121
98
110
91 .
110
69
94
91
97
93
loo
100
95
96
98
83
95
78
87
69
95 .
89
98
88
81
84
92
91
98
86
73
86
80
92
107
97
117
93
88
69
92
4
103
97
103
94
89
79
78
09
104
e
102
101
101
-02
103
114
114
66
69
. 96
!
82
92 '
98
Atchison general 4s
Atchison conv
Atchison adi 4S stampea.
Atchison conv os...
..109
Atlantic Coast Line cons 4s.... 94
At Coast Line "L & N coll" 4s. 93
Baltimore & jnio 3s... i .
Ealtimore & Ohio 4s 90
Brooklyn Rapid Transit 4s 92
Can Southern first 5s 99
Chesapeake & Ohio 4 9H
C B & Q sen mtg 4S 94
C B & Q Joint 4s 86
0 B 4 Q Ills 4s
G B St Q Denver 4s
Central Pacific first 4s 95
Chicago & Eastern Ills 4s 76
Chicago R I St. P ref 4s 8714
Chicago R I P Col trust 4s.. 89
Colorado St Southern first 4s... --94
Denver ft Rio Grande 4s... 86
Del & Hudson conv 4s 97
Erie first cons p u s ;a
Int Met 4s i
JaDanese 4s - "3
Japanese first 4s 91
Japanese seconu e b. ....... .. "s
Louisville C nasnvnio u" ...... ,
Mo Kan St Tex 4s
Missouri pacitic es ij
New York Central 3s 85
New York Central L S 8s
New York City 4s
New York city .1 ox lou
Norfolk St Western 4s 97
Norfolk Western conv 4s ....
N Y Ont ft W 4s 92
Northern Pacific P L 4s 98
Northern Pacific 3s 69
Oregon Short Line 4s 92
Oregon Ry Nav 4s 92 n
Penna Ry 4s of 1048 102 -
Reading general 4s 96
Republic of Cuba 5s...... 102
Southern Pacific first ref 4s.... 83
Southern Pacific col 4s ....
Southern Railway s jo
St L S 8 f ret ' 7
Union Pacific first 4s 99
Union Pacific conv 4s 103
Union Paclfio ref 4s..... 85
United States Steel 8 F 5s 102
United States 2s registered ..... 101
United States Ss registered JS.
.. .ios
...113
...113
... 65
68
... 95
... 94
... 81
... 91
... 88 .
United states o wupui....
United States 4s registered
United States 4s coupon
United Railway S F 4s...
Wabash first 4s...
Western Union 4s
Westlnghouse conv 6s...
Western paclfio 5s..
Wisconsin Central 4s....
West Shore 4s
Money. Exchange, Etc.
- T3. mtlvmr- mtA-W
!NUUH. W- " '
19 d per ounce. Money, 1J per cent.
The
. rate or niicouni i t - - - -- -short
bills is 3S per cent; for three
for
months' bllla, S 15-16 S 4 per cent.
NEW YORK. Oct. . lfoney on call eas-
ler.
xfrr4i per ....... --. '
r'o.lnir bid. S per cent; offered at
cent
4
TrmeJoana easier: 60 days." 5 OS per
int; 80 days. 5S5 per cant; alx months,
-,uik tier cent. Prime mercantile paper,
-Sit per cent.
sterling exenange ii"". -', ;...?..- 7 "r,
aess in bankers" bills at $4.82--'5 for 60
day bills and ut $4.8570 for demand.
Commercial bills. $4.S1 i.
Bar silver, tijic . .
Mexican dollars. 19c. .
Government bonds, steady: railroad Bonus
firm.
. nn , . r--rt a-. . fitM-iitt. on
o. -N r rt--v.v law, vv. -- " .
Londons-Sixty days, $4.S3i; do., slgfV.
?- - -
Silver bars. G4'c; aiexican auuw -inal;
drafts, sight, !c; drafts, telegraph.
Stocks at Boston.
nnsTON. Oet 8. Closlne quotations:
iiiA.u. STSl'xiohawk 67
Am.iv rrninsr.. 92 'Nevada Con .... 23
Arizona Com .. 4'Nlplssing Mines. 6
B&CC&SM- 1 .ortn tjun -j ?
Cal St Arizona.. 82:North Lake s
f.i Rr nift 600 iOld Dominion.. .. 't
Centennial ..: .. 21 lOaceola II J
cop Kan con co. ov w"-
E Butte Cop M. 16 Shannon 1
Franklin TISuprlor .. . . - - 46
tiiroux Lon .... ioup . .
Granby Con ... 58 iTamarack ...... 46
lireene uananea. ju-st.u o - xv.' j rial
I Royalle (Cop) 86 1 do preferred... 51
Kerr Lake 2Xtah Con ?
Lake Copper.... 35 it" tab Copper Co. Bolj
La Salle Copper 5!Winona J
Miami Copper. 29 IWolverlne 1
Conditions of the Treasury.
tt- . i wTn v Dp. a. At the beginning
of business toda'v the condition of the
United States Treasury was:
Working balance in Treasury of- '
ficea $ 89.689.010
In banks and Philippine treasury .H'SiI SS!
t.i i, ......1 fund . 150.193.9S6
Receipts yesterday !-!!n JS
Disbursements 2.0-3.(
The deficit to date this fiscal year is
$6,42T,575, as against a aencia oi i.
-jl-r a .1.1. .Ittia Inar war.
These figures exclude Panama Canal and
publlo debt transactions.
SAN FBANCISCO PRODI CK MARKET
Prices' Quoted at the Bay City for Vege
tables. Fruits. Etc. '
SAN FRANCISCO. Oct. 2. The follow
ing produce prices were current here today:
FruH Apples, choice. 85c; common. 40ot
Mexican limes. $6e6.50: California lemons,
choice. $6.50; common, $3; pineapples, $1.50
2.50.
Cheese Young America. 1517c.
Butter Fancy creamery, 85c
Eggs Store, 30 c; fancy ranch, 9o-
Vegetables Cucumbers, 35 65c: garlic, 3
83c; green peas. 35c; string beans, 2
3c: tomatoes. S060c; eggplant. 4076c;
onions, 40 55c.
Hay Wheat, $2224; wheat and oats.
$20 21.50; alfalfa, $11.60i314
Potatoes Oregon Burbanks, $1 131.10; Sa
linas Burbanks. $1.251.S0; sweets, L50
1.65.
Receipts Flour, 159 quarter sacks;
wheat. 1705 centals; barley. 4050 centals;
oats, 5410 centals: Potatoes. 2160 sacks;
hay, 190 tons; wool. 261 bales.
Metal Markets.
NEW YORK. Oct. 3. Copper quiet. Stand
ard spot to December, 17.25 bid; electro
lytic and lake. 17.62 17.87; caatlng.
' Tin Arm. Spot 50i505O.75; October, 60.45
. r., ... . i tAaenKi
WW.W, iNOVeuiwer. ovvw"""..
, Lead firm. 6.10 bid. -
Spelter firm, 7.507.7S.
Antimony firm. Cookeons 10-12.
Iron Arm. No. 1-Northern. 17.00017.50
No. 2 Northern. 1B.SO 17.25; No. 1 Southern
; No. 1 Southern soft, 17.7518.25.
n .. i ; - . xt. . Vnrlr fnriav ' 2.'
V.. U 1 ' 1 .iii.ais - - - " -
165 ton Exports this month. 1995 tons.
London copper quiet; spot 7S,5s and fu
tures 79. 5s. Local exchange sales: Tin. 2o
tons. London tin-steady, spot 229, 5s, 6d
. . . enno I I l.uj 'i91 P.. Ill
London spelter 27,10s. Iron, Cleveland
warrants, 66s, 4u in Lonaon.
Chicago Produce Market. .
nr.,. . r. r r. a Riili.r fiteedV.
Creameries, -oisfflow. a"co, .uti
Eggs Steady. Receipts. 5377 cases; at
marar cases inciuueu, ih--v.i . .
firsts. 21o; firsts, 23c
Cheese Steady. Daisies. 1717c;
..i-. iRi! ait.- Vnutier America!. 17 &
17c; long horns. 17917c
Naval Stores. '
...,..,-. i r-- rn BTiirnanMni
o v rt.m.in w . .. .
shlpmenu 181; stocks. 87,700. ,
Rosin firm. Sales, 2100; receipts, 2700;
shipments, 1; stocks, 103,800. Quote: B.
--. . t. c An. n 13
1. 6.47: K. $6.60; M. $8.75; N, $7.50;
wti, sa.w; w w.
London Wool Sales.
LONDON. Oct. 3. Prices ruled against
buyers at the wool auction sales today, ea
ner.lallv for coarse crossbreds. Fine half-
bloods were taken by the American buyers
and scoured merinos were purchased for
Continental account. Tne oflerlnga toaay
wera 13,463 bales. ,
New York Cotton Market.
NTTW YORK. Oct. 3.wCotton futures closed
steady, 8 to 6 points higher. October. 10.69c;
November, 10.72c; December, 10.92c; Janu
ary. 10.85c; February, lo.tfio; Marcn, lu.wuo;
May. lL07c; July. 11.13c. Spot closed quiet.
Mid-uplands, 11.25c; mid-gulf, 1L50C Sales,
100 bales.
Dried Fruit at New York.
NEW YORK, Oct. $. Evaporated apples
Inactive.
Prunes easy. California up to 30-408, 8 9
c; Oregons. 69c
Peaohes quiet. '
Duluta Flax Market.
DTJIjTJTH, Oct. 3. Closing: Linseed, on
track $L72; to arrive, $1.60: October, $1.67
bid; November. $1.63; December, $1.59;
January, Sl.ov, nominal; may,- fi.v. aeaveu.
Wool at St. Louis.
ST. LOUIS. Oct. 3. Wool Steady. Terri
tory and Western mediums, 2125c; fine
mediums, low sue: one. xowitK.
SANDY RAILROAD BUILDING
Rights of Way Secured and Ter
minal Property Purchased.
oaxttw n. Ant 8 fRnftrilal.i The
contract Has Deen let ior suriaca clear
ing; of the right of way for the Sandy
..l.nlnn of t h r 'Mount Hoorl Hallway
between Cottrell and Sandy, to several
contractors, wno are now ousy witn
large forces clearing; the fight of way.
About one-fourth of the distance has
hun cleared. The clearlnr must be
comnleted by November 15. A contract
-ion feaa iiaon int rnr ninne: Tor tne en
tire 900 feet of trestle necessary just
-1 Can,tv
The rights of way are secured for
the entire Gistance irwm iuidh w
Sandy, and have been deeded to the
Multnomah Central Railway Company
,;.!, . a nrnvMIno- that if the road
is not completed within one year from
the date of the deeds tne iana win ro-
-n . , - nrlrlnal nvnftrg.
ICti .fc, O -n z
rr. - - J .an A CnmnATW. nwner Of
ocuuj 1 . -
the townslte 01 sanay, nan aioo uwuou
the company right or way to tne raai-
--.. thrnnirh 1t holdlnBrs. and
wtty HJ-..,-"--J e '
two blocks In Sandy ior aepot ana
- t i an-lit1.. TCrlwAJ-A T Rums.
laiuiintu . ----. - - --
secretary of the Sandy Commercial
Club, who has been active in securing
rights of way .said: "It looks now as
if we will at last have a railroad into
Sandy." '
Oreeron Potatoes) Go South.
INDEPENDENCE. Or Oct. S. (Spe-
. . v t .. ... ihla Ninntv has
ciai-j i-i. www,
shipped two car loads ot potatoes from
Indepenoence purwiwou u
sen for a San Francisco commission
house.
This proves the
value or the wortli
lessness of many
things. The longer
- the time laid and
used, the stronger
-the
PROOF
. that Bitulithic pav
ing is all that is
claimed for it. In
sist on Bitnlithic
Call at Room 700
Journal Bldg, for
reasons why.
TAKE TO BEAR SIDE
Wheat Speculators Switch on
News From Balkans.
PRICES ARE CARRIED DOWN
Xews of Turkey's Prohibition of
Cereal Exports Comes Too late
to Affect the Market Ex
port Sales Reported.
rmrirm nt a. Ontimtstic reports in
regard to peace in the Balkans carried
wheat today to a lower level. Speculators
In . lan evtenl switched to the bear side
at the outset. Afterward a rally occurred
as a result of export sales at Kansss City
and Omaha. Only temporary strength.
however, developed. It was not umu jusi
too late to affect the- wheat market that
rabies told of the Turkish government hav
ing prohibited the export of cereals from
European Turkey.
corn closed uncnangea to c up.
Oats closed with a gain of c.
At the dose provisions varied from 17 c
decline to an advance of 22c.
The leading futures ranged as follows:
WHEAT.
Open. Hlg-h.
Iow. Close.
.90 .90
.85 .85
Dec 80 .90
May 85 .95
CORN.
Oct ...
.
.53
.52
Dec ...
.. .52
.. .52
.53
.52
.52
.52
May ...
OATS.
Dee. 81 .82 .31 .38
May 84 .84 .84 .34
MESS FORK.
Oct." ' 15.65
Jan 18.92 19.10 1S.90 I8.uz
May ......18.80 18.70 18.60 18.T0
' LARD.
Oct. 11.32
Jan 10.82 10.90 10.80 10.85
May . 10.32 10.42 10.32 10.40
RIBS.
Oct, 10.67 10.70 10.60 10.60
Jan. 10.03 10.15 10.05 10.12
Cash quotations were as follows:
. Flour Firm.
Corn No. a. 768c: No. 1 white, ft
shRXLt.- is:n 2 vRlioOT. saueEftVe: No. 9.
S7f68c; No. 8 white, 6869c: No. t
yellow. 6868o; No. 4, 66d7oi No.
4 white. 767c; No .4 yellow, 67 068c.
Jtye No. z, Boftwosc
Parley Feed or mlxlnr, 47S53C; fair to
choice malting. 6063c.
Timothy seed s2.s11cepe.ee.
Clover seed $18.00418-00.
Mess porR $16.75(0 IS 90.
Lard In tierces. $11.40.
Short ribs Loose, $10.1010.32.
Grain ' statistics:
Total clearances of wheat and flour were
equal to 879.000 bushels. Primary receipts
were 1,670,000 ousneis, cornpareu wim
508,000 bushels the corresponding day a
year ago.. Estimated receipts for tomor
row: "Wheat, 88 cars; corn, 260 core; oats,
251 cars; hogs. 1600 head.
Minneapolis Wheat Market.
MTNX15-APOI.IS- Oct. 8. Close: Wheat.
December, 88c; May, 9893c. Cash.
No. 1 hard 69c: No. 1 Northern. 86 9
89c: No. 2 Northern. 8387c: No. 3
wheat. 82iS84Uc: So.,! yellow corn, 69
69c: No. 3 white oats. 3030c; No. 2
rye. 600-610; flax, $1.72ijvl.T3; barley,
12 66.
Hops at New York.
NEW YORK Hops, firm.
European Grain Markets.
LIVERPOOL, Oct. 3. Close: Wheat, Oc
tober, 7s 8d; December, 7s &d; March.
7s 4d. Weather, fine.
Enzlish country markets firm; French
country markets firm.
Grains in San Francisco.
SAN FRANCISCO, Oct. 8. Spot quota
tion: Walla Walla S1.450L4T; red Rus
sian. $1.421.45: Turkey red( 81.57
1.60; bluestem, f 1.52 01.58: feed barley.
$1.42 1.45; brewing, $1.4501.47: white
oats. $1.57 O1.60; bran. $22.75 23.25; mld
dlins. $.32iS33; shorts. $25.25026.
Call board sales Wheat. No trading;
barley, December, $1.48; May. $1.45.
Paget Sound Grain Market.
. . ...... a Txr-n kln.rtam RA -
club, 77 c. Car receipts, wheat, 66o; bar
ley 5, corn 6, oata 4, hay 25.
a . . n s-... o TXr, Kln.at.m (!(.'
fortyfold. 77c; olub. 77c; Fife, T6c; red
Russian, 75c, Yesterdays car receipts, wheat
15, hay 6, flour 4, barley 1.
La Grande Petitions Ont.
t a nuiwni!' n rt X CPnecIa."J
The committee workingr on the charter
... v. I v. ia h- anhmltteH tn th nflODle
of 1 Grande shortly, worked until mid
night last nlgnt neany cgmpiouos iuo
instrument, and petitions are now out
demanding the City Council to call a
special election before the general elec--I-.-.
..ft,, tiffifaTa a rA ta be elected.
for the purpose of either accepting or
. . L - .k..l.. w.r.nal.A Th,
rejecting mo um.i ta "
f ramer3 are confident that the people
will accept the Instrument, as they have
used extreme precaution to cover every
point which would benefit the city and
compel the best of services from its of
ficers.
TBAVCLBBtfl GCIDK.
no
Lara -. 0
la the WatM
l.BlO.OOt
lost .
Atlantic
Service
London, Paris,
Hamburg
. . - aa. a ii a M
pre. IJioola Oct. It. 11 A. M.
Amerika A.V'tX a" w
Cleveland 1. 1 A- M-
First cabin only.
MT.T5ITERRANEAN
Madeira, Gibraltar, Algiers,
Naples, Genoa,
s: 6. ClNCnmAM. Nov. , 11 A M
8. S. MOLTKB.-Nov. 12, 11 A.M.
S. S. CINCINNATI. Dee. 10,. 11 A.M
twill have accommodations for
limited number of passengers to
MADEIRA. GIBRALTAR and
Vff-LEFRANCSE (Rljlerah
W!II not call at Maderta.
Will call at Algiers.
GRAND CRUISE
The Orient
CINCINNATI
s. s.
(17. WO TDMI
LEAVING NEW YORK
January 28, 191 3
SaJNth.tho:
S325
Also cruises around the world, the
West males, itaiy. a-sypw
Writs ior boolriat stauag
MMBURG-AIERICAN
I LIXB 1
B 190 Powell St., San rranelsce. Cal. ; 11
o -W. B. ft N. Co.. Hot. Pacific, H
H V. A R. 3. it B.. Burungtoo Konte. f
H Milwaukee Puget Sound Ja. tl
ami. Northero Railway Co, Doraey tf
Xi B- Bmlth, OS riflh at, ttnu JS
land. Oregoav , Jiff
Copyright 111. jjr
UNITED STATES DEPOSITORY
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
Or SAX FRANCISCO
- FOl.DED 1M4V
Capital Paid in. .$8,500,000
'Surplus and Undivided Profits $7,905,912.
BRANCHES
Portland, Seattle, Tacoma and Virginia City
We buy and seJl Foreign Exchange: "Or";
and Cable Transfers, Commercial Credits and
Travelers' Letters of Credit available In all
arts ot the world; make, collections on all point
and conduct a general foreign and domestic ,
banking business.
INTEREST PAID ON TIME AND SAVINGS DEPOSITS.
PORTLAND OFFICE
Northwest Corner Third and Stark Streets
CHAMBER OF" COMMERCE BUILDING.
WM. A, MAC HIE, Manager.
The Spirit of
"N THIS AGE of efficiency and specialization, it is
necessary for the modern banking institution to
adopt specialized facilities for the individual needs
of its depositors.
The Lumbermens National Bank endeavors to main
tain this ideal system of-progressive and successful
banking. Its officers are ever alive to the needs of
patrons and, today, we believe our service is unex
celled in any part olihe Pacific Northwest.
LUMBERMENS
National bank
I Capital $1,000,000.00
Cor. Fifth, and Stark
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
LADD &TILTON BANK
Established 1859.
Capital Stock $1'2M2'!
Surplus and Undivided Profits 800,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' ehecks issued, avail
able in all parts of the world.
OFFICERS.
W. M. Ladd, President. ?lfeI;t 8 ?V f'
Edward Cooklngham, Vlce-Pre. J.W. Ladd, Asst. Cashier
W. H. Dunckley. Cashier. Walter M. Cook, Asst. Cashier.
Kupert, Vancouver isiaoa aim w. yv w.
Passentrer trains leave Prince Rupert Wednesday and Saturday f
AM forSouth Haielton, B. C. (185 miles). Returning-, leave South
Haielton Ira day and Thursday at 10 A. M., arriving in Prince Ru-
&REEtPUBUCATIONS resarding- Canadian komestead lands, business
tiT'B?MTOlSp.'l"lf, H. BCRGIS, Ge-er.1 Aae-t.
DORSphon?' Marshall 1979. ZfsTB DeI""tment-
CUT Office, 9 Fifth St PortUnd, Or.
J.CWILSONc&CO.
STOCKS, BONDS. GRAIN AND COTTON
Bajnaune
nrw ToitK stock EicHAsea
CW YORK' COTTON BICHAKUB,
CHICACiO BOARD OP TMADH.
THB STOCK AND BOND EXClaAAGSV
8 AN FRANCISCO.
. PORTLAND OFFICE:
tfa Floor Lumbermens Bank Eldj.
- rum ana owm.
Phones Marshall 4120. A 4187.
Kenneth Robertson
Public Accountant
210 R4II.WAT EXCHANGE BLDG,
lata 1074. A 8424.
TRAVELERS' GCIDK.
San Francisco, Los Angels.
2nd San Diego Direct
Ssn Every Wednesday Alternately at S t. M.
N0ETH PACIFIC S. S. CO.
Ut A Third St. Pboasa Malsi til. A 11U
I.OS ANGELES AND SAN DIEGO
STEAMSHIPS YALE AND HARVARD
.. . a . Raw. 1TVan
Kaiiroaa or sur mci . ' . .
Cisco, the Expo City. Largest, fastest and
tne KJPiAl Birrcuy ih,.i .
shlDS on tha Coast. Average speed 28
miles per hour; cost 12.000,000 each.
SAN FRANCISCO, PORTLAND I A.
S. S. CO,
Main 628. Frank nollam. Aa-ent. A46
12s Tbira screes.
COOS BAY LlrtE
timi: BiUtAKWATEB
Sails from Alnsworth Doek. P""" "
Oc&berS. a 18. 28, M. Freight recalT.o
at Alnsworth Dock dally up to S P. U.
Paaseacer fare First-class. $10; sec'md
tSSt'. including berth aad xneala Ticket
offiei at Alnsworth Dock. T'Pkoas
Lain saoo. A J331 Portland Coos Bajr
as. Uaa i- A H-ohz. Aaaau
J. T.BIRTCH4ELL, Asst. Jwa.
Modern Banking
CANADA
S. S. PRINCE RUPERT AND S. S. PRINCE GEORGE
leave Seattle, Wash., Wednesday and Sunday at li
o'clock midnight for Victoria, Vancouver. Prince Ru
pert, Stewart, Granby Bay and Queen Charlotte Is
land points. ;
S. S. PRINCE ALBERT
tri-monthly from Victoria and Vancouver to Prince
TBATBUSRS OVTDK.
S SHORT LINE Zn
W HHI9
n.t t i i I MH.fMV.ta at alt MM
ids pieaaftiucsfc suu ujub wuiiwu.w . .
am a trip across the Psrihe to the Antipodes, opkraaid
iSrneri T'W'OMA" sod "VENTURA", 10,000 torn
dUplscement. 44 dsyi Sao Frsncisco to Sydney, Australia,
sndback, with a dsv at HONOLULU each y, steps
PANG0PANG0 (SAMOA) sad fix days St tYDNEV.the
most besatifal and healthful city is the world.
For rest, reoeatioa snd pleasure no other tnp oomptrei
with this. Stevenson said ol Samoa, "No part of the wcrid
eserts the same attractive power upon the TOitor.
Round trip rates, 1st clsss, from Sap Franrsco:
HONOLULU tl 10: SAMOA $248; SYpNE 'VJO.
ftOUNO THE WORLD $0ft 1st cabin; SS7S2doabm.
rii Ceylon Esrypt, Italy, etc. Liberal stojwrfers.
Sallinrs every two weeks: Oct S. 22; Nov.
IS 1 etc Write or wire NOW for bertha
CO.. 673 Market' St.. San rrandaco.
HPBX8S STEAMERS FOB
sjsn Francisco and jom Angeles
-WtlHOCT CRANGJS
g. a. BKAR sal's 4 P. M. October S
THE 8AM jTBANCISCO POB1XANO S. S.
Co. Ticket Office lit Third Street.
Phone Main tSOS. A zoo.
NEW YORK -PORTLAND
wREYeR FREIGHTSc!fdRuY.ICifc
AMERICAN-HAWAIIAN S. S. CO.
a is Railway Exchasge Bldts
Purtlaad. Or.
Mala 8S78. A "it3!
Steamer Anvil
Sails from Couch-Street Dock Friday,
October 4.
For Newport, Florence and Ban don.
Freight and Passengers.
Frank Bollam. City Ticket Agent. 12 Third.
Phones Main (28. A 459.
C. E. Brown. Frt. and Pass. Agt iuc
St. Dock. Phones. Main SSI, A 41B1.
On -an average Great Britain yields M
bushels of wheat to the acre; wJ?ut1h
Wales, 13; United States, 12. and Kussla, 8.
YDNEY:
uei rtN-sCantalouDsi. S 1.60 8 1.75 per