Morning Oregonian. (Portland, Or.) 1861-1937, October 23, 1912, Page 21, Image 21

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    21
TIIE. MORXING OREGONIAX, WEDNESDAY. OCTOBER 23, 1912.
E
Active Demand for the Best
Grades on the Coast.
OTHER KINDS ALSO FIRMER
Prices Locally Are Fully Two Cents
Higher AH Around California
Market Strong With Up to
21 3-4 Cents Bid.
Choice Oregon hops are passing out of
(rowers' band at a rapid rate. The up
ply Is limited and sales are effected with
out trouble. The demand for the lower
trades la not so keen as that tor choice.
but even primes and mediums are stronger
than they were a short time ago. Sales
are being made at 17 and 17 cents of
hops of a grade that three weeks ago
would not bring over IS or 14 cents.
Choice hops are firm at 20 cents. Klaber,
Wolf ft Netter yesterday bought about ISO
bales at this figure. Whitman Shorten
paid Uty cents for the Johnson lot of 100
bales at Aurora. Other business was done
within the range of 18 H to JO cents.
The California market is strong and work
ing upward. The strength there Is very
likely to affect values In this state In the
near future. As high as 21 cents was
bid yesterday for special lots in the Men
docino section.
No European cables came through.
NO FOKEIGX DEMAND FOB WHEAT
'Cargoes Cannot Be Sold Abroad, Though
Markets There Are Steadier.
Continued quietness prevails In the wheat
market. The undertone of the market Is
about steady, but most of the dealers do
not quote over 77 cents for club or 81 cents
for bluest em. The Liverpool market,- -ac-
eordlng to cables, was In good shape, and
Chicago closed steady to firm. The for
eigners, however, would not buy cargoes.
With no European demand for wheat and
the Oriental flour demand almost flat, deal
ers regarded the situation as pointing to
lower prices. Foreign conditions are such,
however, that the wheat trade situation
Inay any time change over night. The at
titude of farmers in the Northwest is not
the same as in former years. Heretofore.
they were generally ready to sell on de
clines, but this year price reductions only
top the selling movement, and when any
wheat is let go it is only on advances and
not much then.
la the coarse cereals conditions were as
formerly, with a firm underlying feeling,
and only small lots changing hands.
Liocal receipts in cars were reported by
the Merchants Exchange as follows;
, Wheat Barley Flour data Hay
Monday ....... 202 19 14
Tuesday ,. 77 12 12 11 6
Tear ago S3 2 S 7
Vason to date. .6332 f7S 727 623 427
Tear ago 461 212 484 454 D24
Foreign crop conditions are summarised
by the Liverpool Corn Trade News as fol
lews:
United Kingdom The condition of the
wheat has Improved, owing to the dry
leather which has prevailed for the past
w eek. ' The sowing of the new crop Is pro
gressing lavoraoiy.
France The outlook for the seedlngs Is
ravorsble. although some rain would be de
sirable.. Supplies of native wheat from the
interior have increased, for which there, is
a good demand.
Germany The sowing of rye la finished.
but wheat sowing is backward. Supplies of
-wneat are only moderate, with some of the
arrivals showing very poor condition. Sup
Tiles of oats are scarce. The weather is
favorable.
- Hungary According "to an official report
the weather has been unfavorable for the
. plowing for the new wheat crop, and also
for the growth of the corn and potato crop,
bat recent estimates are being maintained.
Roumanla The weather is rainy, which
Is unfavorable for the corn crop. Stocks of
wheat are Increasing.
Russia The outlook - for the seedlngs Is
favorable. Arrivals are variable, with stocks
increasing.
Australia Present Indications point to a
recorQ crop.
Argentina According to present reports,
the outlook for the wheat crop Is favorable.
India The outlook for the seeding Is
eansraciory. uia wneat is being freely of
fered. FRUIT TRADE AFFECTED BT WEATHER
Grapes Still the Firm Feature Only Cheap
Apples Wanted.
The inclement weather has at last af
fected the fruit demand and trading yes
terday was rather light.
Grapes continue the firmest feature. An
other car of Tokays arrived from Cali
fornia yesterday, . and sold at the former
firm prices, no Oregon grapes or peaohes
were reported in.
There was but little demand for apples
except the cheaper grades. Most retailera
want stock that they can sell at 81 or
less.
A car of California tomatoes was received
and quoted firm at 75 cents. California
shippers are offering head lettuce in car
lots, but local dealers consider the season
too early yet. Celery is clearing up better
without Improvement In price.
Poultry Prices Are Improving.
The poultry market la improving slowly
under moderate receipts and better buy
ing. Hens sold yesterday at 14 1414 cents
and Springs brought the same price. Other
kinds were in fair demand. Dressed meats
are still qulat and inclined to be weak..
The egg market was firm at 40 centa
for fresh Oregona. No. 1 Eastern -Aprils
were quoted at 85 cents.
The dairy produce markets were without
, change. '
Bean Acreage la Small.
Stockton advices by mall say that the
bean acreage ia very small, but the yield
ia a very good one. "Were it not for a large
carryover from last year's crop there would
probably be a scarcity of beans, as this
season's crop is only about 60 per cent of
the total yield In this country in 1811," says
the Stockton report, "Pink, blackeye and
white beans are being threshed and al
though they will not be fully matured for
two or three weeks yet they are in good
condition for the trade."
Seeking Market for Alfalfa Seed.
VALE. Or.. Oct. 22. (Special.) Farmers
In the Malheur Valley have begun to won
der whether they are to find a market for
their alfalfa seed, which, has been harvested
for some time. Last year at this time
there were many inquiries from seed buy
ers all over the Northwest, and there waa
ready sale for more seed than the farmers
had. This year very few sales have been
made, and the demand seema to be dis
couraging. There Is considerable seed in
the Valley.
Bank Clearings.
BanK clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Fortlsnd 8l.800.61S 8:135,420
Tacoma 86J.474 llo.OOS
Spokane 494.823 10S.188
- PORTXAXT MARKETS.
Grain, Floor, Feed. Etc
WHEAT Track prices: Club, 77c: blue
stem. 80 81c: forty-fold, 78c; red Russian.
7c; valley. 78c
FLOL'R Patents. 4.30 per barrel;
. straights. 3.ao: exports, I3.003.TO; Val
ley. 84.30; graham, 14.20; whole wheat,
'HAY Tlrrothy, choice. I1718; No. 1.
lt); oat and vetch. (12: alfalfa. 812; clover.
810: straw. $8f?7.
CORN Whole, 8.1"; cracked. 39 per ton.
MILL6TCFF3 Bran, 821 per ton; shorts,
II": r'ldd'iiigs. S2W.
BARLEY Feed, S24O24.50 per ton; brew.
Jng, 272S per ton; rolled, 828827.60.
HOG
HOPS
GOING
OATS White. 825 per ton; gray feed
824.30; gray milling, 823.50.
Vegetables and Fruits.
FRESH FRUITS Apples, ordinary. 60c 0
81-50 per box; peaches. eOSfSOo per box;
pears, (161-50 per box: grapes, 65c 981
per box; cranberries, $9.50 per barrel; casa
bas, 75c S 81.50 per dozen,
TROPICAL FRUITS Oranges. Valencia.
1434.50; California grapefruit. 845; Flori
da grapefruit. 85.50$6: - lemons, 86.609
7.60 pe- box; pineapples. 6c per pound.
ONIONS Oregon. 81.1081.25 per sack.
POTATOES Jobblnr prices: Burbanks,
73c per hundred; sweet potatoes, lc per
pound.
VEGETABLES Beans. 5c: cabbage. 1
lHc per pound: esuliilower. 40c 81-23 per
dozen; celery 25 75c per dozen; cucum
bers. 40 500 per box: eggplant, $1.25 81.60
oer box: head lettuce. 20 0 25c per dozen;
peppers. 8o per pound; radishes. 15020c
per dozen; tomatoes, lacwii per do,, s-
ll Rifrfte Apr niwnH.
SACK VEGETABLES Carrots. $1.25 per
sack: turnips. $1 per sack: beets, fi.iv per
sack; parsnips, 81.V3 per saca.
Dairy aud Country Produce.
EGGS Fresh locals, candled, 40c per
dozen: ca.se count. 85 36c.
CHEESE Triolets. 18Ac per pound:
daisies, 18c; Young Americas, 20o per
pound.
RTTTnrw timvatc pnumm butter, cubes,
35He per pound: prints. 86 H S1c per pound.
PORK Fancy, lie per pouna.
VF.ir TT-nnv 13a ner nound.
pnnrTKV trn 1Aifr14Uc: broilers. 14
14e: ducks, young. 1214c; geese, llo;
turkeys, live, 1820c: dressea, -oc
Rtanle Groceries.
SALMON Columbia River, one-pound
tails. 12.25 per dozen; half-pound talis,
$2.05: one-pound flats. $2.40; Alaska pink.
one-pound tans Boc?si.4a.
COFFEE Roasted, in drums, 24940
per pound.
HONEY Choice. $8.508.75 per case.
NUTS Walnuts. 1516Ho per pound;
Brazil nuts. 12Vzt15c; filberts, 14315c; al-
j . , , . RAlUe: co
rneous, iuphtib,. "
coanuts 80c$l per dozen; chesnuts, lo
per pound; hickory nut. 610c; pecans.
lie; pine, iiturare.
BEANS Small white, 5.25c: large white,
5.10c; Lima. 6.65c; pink, 6c; Mexicans,
4.75c; bayou. 4.65c
SALT Granulated. $15 per ton; hair
ground 100s. $7.50 per ton: 60s. $8 per ton.
SUGAR Fruit and berry. $5.75: Honolulu
plantation. $5.70; beet, $5.53; extra C. $3.23,
powdered, barrels, $; cube, barrels. $-1o-
RICE No. 1 Japan, 6c; cheaper grades.
4i'51ic: Southern head, 181140.
nsicin WHTTTTC Annies. 10c per POUna,
apricots. 1214c; peaches, 8Uc; prunes.
Italians, tjirriuc; silver, xow, nt "
black. 6Vi7c; currants. 9V4c; raisins, loose
Muscatel. 6TVc; bleached. Thompson.
1114c; unbleached Sultanas, 814c; seeded, 71
8ic: dates, Persian. 814c per pound;
bard, $1.00 per box.
FIGS Twelve 10-ounce 85o; 80 "-ounce,
81.85; TO 4-ounce. $2.25; 30 10-ounee, $2.25;
loose, 60-pound boxes. B147c; Smyrna,
boxes, $1.1001.25; candied, 16318a
LE55 ACTIVITY AT YARDS
SMAWi SUPPLY OF LIVESTOCK
IS AVAILABLE.
Hogs Sell at $8.65 Cattle Jlove at
Unchanged Prices Delayed
Receipts.
' Trading at the stockyards subsided in a
material degree yesterday, only about live
loads being sold. Ten loads of cattle and
hogs arrived late In the day. but the quan
tity available for the regular market waa
small. .
Price conditions were not materially
changed. The several lots of cattle dis
posed of went at usual prices, quality con
sidered. Hogs brought $8.65,
The Livestock Reporter says of conditions
In the hog market:
"The strong markets in the Middle west
have made it Impossible for Coast packers
to Import swine supplies and as there are
60 per tent more home-grown hogs available
this year than last, conditions have worked
out Just right for the selling end. Ordi
narily a pork deluge such as that of the
lust six weeks would have caused a panic in
prices, but there never has been a time when
the hog market was In great danger of
breaking. Top quality light swine have
averuKCtl over (8.50 since the beginning of
, . . i: .... an.4 rrnw.M hV Wi8lV
taken advantage of favorable conditions and
marketed their holdings wholesale. Even
California has diverted shipments Portland
ward, inercby adding one more fertile ter
ritory to those others from which this mar
ket lerives its supplies. 'Weight averages
are snowing an mcreiwB ui
per head. Light swine always have and still
are in more favor than the heavy varieties,
although demand has been good for the lat
ter Last week over 8000 head arrived, a
. . ' . . , V. , tnfnl tetr Ih, DMIVllinf
sugm gain vvvi two ",
period, but trade requirements were in tip
top shape to aosoro inc uiuicua
templated price losses were converted into
&TfA1nt vesterdav were 225 cattle. 4
calves and 568 hogs. .
Among the snippers were -.fames n. iwbi
ley, washtucna, 1 car of hogs: Hugh Cum
mlngt. Independence, 1 car of bogs; Hugh
Cummlnxs, Halsey, 1 car of hogs; 8. E.
Deker, Joseph. 1 car of hogs, and C. W.
HelTi, Hlllsboro. 1 car of cattle and calves.
The day's sales were as follows:
Weight. Price.
18 steers ?. 8.25
8 stlers 84 "5
o steers r-i;
18 heifers w"0 B-7S
T COWS IVH 3.13
J i.vZi 8SO 6.50
53 hogs . 1 8 6
2 hogs u.t
The range of prices at the yards was as
follows:
Choice steers $4,75 9 T.00
Oood steers ! JS2 I !J
Medium steers ....... 4.000 6.74
Choice cows 4 00 8.60
Good cows
. i - j i i.00& 1.21
t . . . T n n t, . ,t
t,aoice rai'c y -
Good heavy oaives 0.25 0 7.00
Bulls " " V
Stags
Light"rr..l ,. 2 8.70
Heavy 7.00 7.50
Sheep
Yearlings 4.850 4.85
Wethers 3.60 4.60
Ewes 2.75W 4.00
Lambs B.B5W 5.70
Omabs Livestock Market
OMAHA, Oct. 22. Cattle Receipts, 850O;
market, steady to easier. Native steers, $6.20
J 10.20; cows and heifers. 83.00i36.80; West
ern steers, $5g9.8l; Texas steers, $4,509
6.20; range cows and heifers., $3.2556.8f.;
canners, $u4.25: stockers and feeders.
$4.5i7.75; calves, $4&9; bulls, stags, etc,
84.23 IS 5.30.
Hogs Receipts. 7000; market, 10c lower.
Heavy. $8.408.S0: mixed. $8.4538.50; light,
88.50fiiS.60; pigs, $6.50$ 8; bulk of sales,
$8.45-(i 8.50.
Sheep Receipts, 41,000; market, active
and steady. Yearlings. $4.60(3)6.40: weth
ers. 846 4.70; ewes. $3.504.33: lambs. $6.23
7.S3. .
Tale Sheep Go to the Sound.
VALE. Or., Oct. 2?. (Special.) Ellis Ra
gan, who represents Fry & Co., wholesale
meat dealers of Seattle, has been In Vale
the past week buying mutton sheep. While
here he shipped over 7000 head to the Seat
tle market. Some of these sheep belonged
to Thomas Dufferreno. of Denio. Nev and
were driven to this place, being over a month
on the way. Many aneep are Drougnt irom
Nevada and California to this place for sale,
as prices average higher here.
Coffee and Sugar.
NEW YORK, Oct. 22. Coffee closed
steady, vet ifjslS points lower. Sales, 117,
500 bags. October, 14.18c: November,
14.08c: December. 13.06c; January and Feb
ruary. 1.1.85c; March, 14.12c; April. 14.16c;
May, 14.C0C-. June and July. 14.21c; August,
14.23c: September. 14.25c .
Spot, steady. Rio, No. 7, 1514c; Santos,
No. 4. 1014a Mild, quiet. Cordova, 16)4 9
13 centa.
Raw sugar Muscovado. 89 test, 8.61c;
centrifugal. 96 test. 4.11c; molasses sugar,
89 test, 8.36c. Refined, steady.
Naval Stores.
SAVANNAH. Ga., Oct. . 21. Turpentine,
firm. 89O40Mjc; sales, 578: receipts, 1224;
shipment 175: stock, 83.975.
Rosin, firm; sales, 2162; receipts, 2861;
shipments 337: stocks, 1V2.341. Quote: B.
$6.2714; D, $6.3214; E. $6.3714; F. G. H. 1.
$6.4714: K. $6.50; M. $8.85; N, $6.75; WO,
$8.25; WW. 88.50.
Chicago Produce Market.
erles. 2414 929c: dairies. 2214 C '27c
Eggs, steady: receipts. 3576 cases; at
mark, cases Included, 19&20c; ordinary
- 1 - nllaa ITU SITU.'
twins, 16fie 17c: "Young Americas, 1714
1714c: long horns, 1714 1714c
Dried Fruit at New Tork.
wtwt vnDV 2"? TCvanftraf en an-
ples. quiet. Prunes, firm. Peaches, uulL
NO HEAVY SELLING
Stock Values Recover in Spite
. of War Development.
LONDON IS AGAIN A BUYER
With Subsidence of Trading tnto la
the Iay, Early Gains Are large
ly Lost Sub-Treasury Draws
Heavily on Banks.
NEW YORK, Oct- 88. War In the Balkans
was again a paramount influence In thi
stock market today. There was an ab
sence, however, of yesterday's heavy liqui
dation for foreign account. Indeed, Lon
don bought moderately here of United States
Steel, Amalgamated Copper and other spe
cialties. AH European markets continued to mani'
fest uneasiness, London taking more stocks
from Paris and Berlin. The latter exchanges
were weak, Canadian Pacific declining I
points In Berlin on what appears to b
urgent selling.
The opening here displayed some irregu
larity, followed by general Improvement,
and by midday some substantial gains were
reoorded, chiefly In the coalers, union fa
clflc Steel and Amalgamated Copper.
In the latter part of the session trading
feu away until it failed to possess any sig
nificance, the only feature being the actlv
ity In Chlno Copper at a new high record.
Towards the end prices fell steadily until
little remained of the early gains. Union
Pacific and Lehigh Valley being especially
heavy.
Call loans opened at S per cent and the
creator part of the day s offerings were at
that figure. Local banks suffered another
heavy drain to the Subtreasury, their total
loss since last Friday approximating 86,
000,000. The market for time money was
dull but steady.
The bond list. In its heaviness, followed
the course of stocka Total sales, par value,
aggregated $1,700,000. United States Gov
ernment bonds were unchanged on call.
CLOSING STOCK QUOTATIONS.
Closing
sales.
High.
8814
50
71
4414
123
61
58
21
10
4ST4
85
iio""
143
279
4414
108
10214
140
106
47
9014
26414
83
82
18
110
140
40
145
2014
Low.
Bid,
Amal Copper . .
Am Agrlcult ...
Am Beet Sugar.
American Can ..
do preferred..
Am Car sc Fdy..
Am Cotton Oil..
Am Ice SecurL.
Am Linseed
Am Locomotive
Am Smel A Ref
do preferred..
Am Sugar Ref..
Am Tel & Tel. .
Am Tobacco . . .
Anaconda M Co
28,900
.400
1.800
6,900
400
1.S0O
1.400
R00
87
68H
69
4314
123
6014
671
20
15J4
84 it
iib"
143
179
4314
1084
102
13914
105
46
. 0054
163
32
81
1814
100
140
3914
144
19
"is"'
29
85
6214
88 .
58
70
122
61
67
20
16
43
84
107
125
148
279
44
108
102
139
105
47
90
163
32
81
18
110
140
89
144
20
168
21
88
29
85
52
43
181
137
47
129
20
64
121
64
121
18
16
27
2.500
200
6.300
"'600
500
300
7,000
Atchison 3.SDO
do preferred. . 40O
Atl Coast Llne.j'" BOO
Bait Sc Ohio . . . 8.000
Bethlehem Steel
Brook R Tran..
Canadian Pao ..
Central Leather
Ches A Ohio . ..
Chi Gt .Western
C, M & St Paul.
Chicago & N W
Col Fuel A Iron
Consot Gas ....
Com Products ..
Del A Hudson . .
D A R Grande..
do preferred. .
Distillers' Secur
5.600
S0O
,100
2.900
1,800
600
6,200
100
2.20O
700
12.000
2, BOO
89 H
20
85
6214
4IHT
Erie 8,80
do 1st pf .... 400
do 2d pf
Gen Electric , .. 800
Gt North pf 4,900
Gt North Ore . . 300
Illinois Central. 200
1R2
187 v
47x
129
2014
64
122
64 -
122
19
18 T4
181
137
47
I'M
20
64
121
64
121
19
16
Interbor Met . .
do preferred. .
Inter Harvester
Inter Marine pf
Inter Harvester.
Inter Marine pf.
Inter Paper ...
Inter Pump . ...
1.200
3.800
900
8,800
900
p.no
400
K C Southern
600 28 28
:s
Laclede Gas 105
Lehigh Valley
8.800
1753
Louis & Nash. .
M. S P A S S M
Mo. Kan A Tex
Mo Pacific ....
Nat Biscuit . . ..
Nations Lead .
N Ry Mex 2 pf.
N Y Central . . .
N T, Ont A Wes
Norfolk & West
North American
Northern Pacific
Pacific Mall
Pennsylvania ...
People's Gas . ..
P. C C St L..
Pittsburg Coal ..
Pressed S Car. .
Pull Pal Car'...
Reading
Repub I & S . .
do preferred..
Rock Island Co.
do preferred..
St L & S F 2 pf
Seaboard Airline
do preferred. .
Sloss Sheffield ..
Southern Pac .
Southern Ry ..
do preferred..
Tenn Copper . ..
Texas A Pac . ..
Union Pacific . .
600
400
159
143
do prererrea.
U S Realty ...
U 8 Rubber ....
V 8 Steel
do preferred..
TTtah Copper . .
Va-Caro Chem .
Wabash
do preferred..
Western Md . . ..
Western Union..
Westing Elec. .
100
200
82
51 $
77
114
64
49
4
18
65
80
84
90,400
io
4.60O
400
700
2V
400
300
700
Wheel ALE
Total sales for the day, 478,100 shares.
BONDS.
Reported by Overbeck Cooke Co., of
Portland.
Bid. Asked.
Amer Tel & Tel conv 4s
Amerlcsn Tobacco 4s
American Tobacco tis
Atchison general 4s
Atchison conv 4s
Atchison adj 4s stamped....
Atchison conv 5s
Atlantic Coast Line cons 4s.
At Coast Line "L A N coll"
Baltimore & Ohio 8s
Baltimore & Ohio 4s
Brooklyn Rapid Transit 4s.,
Can Southern first 6s
Chesapeake A Ohio 4a....
C B A O sen mtc 4s
...lis
114
... 95
...120
... 97
...108
... 88
...108
... 94
4S. 92
...92
...07
.... 91
... 99
97
108
88
10S
95
93
97
92
IOO
M
95
95
98
85
95
87
69
94
86
97
87
81
84
92
92
98
86
72
86
79
92
108
97
117
98
09
92
93
102
96
102
92
89
78
77
100
102
98
10
101
103
303
114
114
66
68
94
83
90
!'
95
C B Q joint 4s 6U
C R gt O Ills 4s 98
C B & Q Denver 4s 9o
Central Pacific first 4s 05
Chicago & East Ills 4s 77
Chicago R I A P ref 4s 87-
Chicago R I A P Col trust 4s.. 69
Colorado A Southern If rat 4s. . . 94
Denver A Rio Grande 4s 85
Delaware & Hudson conv 4s... 97
Erie first cons P L 4s 88
Int Met 4s 81
Japanese 4s
Japanese first 4s 91
Japanese second 4s : 90
Louisville A Nashville unl 4s... 97
Mo Kan A Tex 4s 85
Missouri Pacific 4s -71
New York Central 3s 80
New Tork Central L S Ss 78
New Tork Clt 4s 91
New Tork City 4s of 1957.... 106
Norfolk 4k Western 4s 96
Norfolk A Western conv 4s.... 116
New York Ont A W 4s 2
Northern Pacific P L 4s 98
Northern Pacifio 3s 69
Oregon Short Line 4s 92
Oregon Ri- & Nav 4s 93
Penna Ry 4s of 1948 101
Reading general 4s 96
Republic of Cuba 5s 102
Southern Pacific first ref 4s... 92
Southern Pacifio col 4s
Southern Railway 4s 78
St L S F ref 4s 77
Union Pacific first 4s 100
Union Pacifio conv 4s. 182
Union pacifio ref 4s 93
United States Steel S F 6s 101
United States 2s coupon 101
United States Ss registered 102
United States 8s coupon 102
United States 4s registered 113
United States 4s coupon 113
United Railway S F 4s 65
Wabash first 4s 67
Westlnghouse conv 5s 94
Western Pacific 6s 82
West shore 4s 98
Money, Exchange, Etc
iiot Oct. 22. Bar silver, easy.
29 l-16d per ounce.
.Money, a per cent.
t . . . i .w ....... . .1. .J.
fn, mhnwt hlllM la A T.1ltfA4U W r,nt- Hn
tor three months' bills, 4 1-6 4 per cent
NEW TORK. Oct. 22. Money on call.
firmer, 4 65 per cent; ruling rate, 4 per
cent; closing bid, -4 per oent; offered at
4 per cent.
lau loans, ataadjr; au aaya, Ow par cent;
174 17l)
15 159
141 141
28
2.900 44 43 43
100 133 133 131
400 65 65 . 64
, 26
500 115 114 114
10O 86 86 35
1,600 . 116 115 116
100 83 83 83
300 1 25 125 125
20O 33 33 33
600 124 124 124
800 120 118 11
107
1,600 25 25 25
1,000 39 39 39
160
B2.70O 174 172 173
1.20O 33 32 82
1,000 92 92 92
1,200 26 26 26
ROO B3 53 53
Ron 88 36 85
800 19 19 18
48
300 B6 56 55
2.50O 110 109 100
8.100 29 29 29
900 81 81 81
S.SOO 43 42 42
800 24 24 24
27,400 171 i 170 170
: 89
82 82
61 51
77 77.
114 114
63 - 63
48 48
4 4
13 J3
55 55
80 80
83 83
9
90 days, 6 per cent; six months, 5 5
per cent, , ,
Prime mercantile paper, quiet, 8 percent.
c . 1 1 .,.v,aiB .rHtni, wrtth entual bUSl-
n.u In Tuinkers- bills at 84.82 for 60-day
bills and at $4.8615 for demand.
Commercial bills, $4.81.
Bar silver. 63c
Mexican dollars, 48c v
Government bonds, steady; railroad bonds.
eMy"
. SAN FRANCISCO, Oct, 22. Sterling on
London Sixty days, .ozw;
14.88. ,
Silver bara, 63c.
Mexlcan dollars, nominal.
Drafts, sight 2c; telegraph 4c
Stocks at Boston.
BOSTON. Oct. 22.-!-Closing quotations:
. 11 AlVahavk .. .. 63
Amalg Copper.. 87iNevada Con 31
A Z L A 8m... 32 Niplsslng Mines. 8
Arlrona Com .. 3North Butte 3b
B C C S M. 8. North Lake 3
Cal A Arizona.. 79 lOld Dominion... 61
Cal A Hecia oio u?ceoia
Coo Ran Con Co 66iShannon 14
nn vr i t, iKnnttrior 42
franklin ....... 10; Sup A Bos Min.. .1
Glroux Con 4 iTamarack 44
Granby Con ... 63jU S S R M... 46
I Royalle (Cop) 84 lUtah Con ...... 12
Kerr Lake 2lt tah Copper Co. 6.1
Lake Copper.... 82Winona 4
La Salle Copper 5 AjWolverine 71
Miami Copper... j"?1
Condition of the Treasury.
WASHINGTON. Oct, 22. The condition
of the United States Treasury at the begin
ning of business toaay was:
Working balance $ 88,142.435
In banks and Philippine treasury 31.697.468
Total of general funds 146,703,580
Receipts yesterday 1,1S8,4J
Disbursements . , 1,89T,883
Deficit this fiscal years Is $6,847,893, as
against a deficit of $21,860,847 last year.
The figures for receipts, disbursements and
deficit exclude Panama Canal and public
debt transactions.
3AX FRANCISCO PRODUCE MARKET
Price Quoted at the Bay City for Vege
tables. Fruits. Ktc
SAN FRANCISCO. Oct, 22. The follow
ing Droduce prices were current here today
Fruit Apples, choice, 60c; common, 40c;
Mexican limes. $6 6.50: California lemons.
choice, 86.60; common, $3; pineapples, $1.60
2.50.
Cheese Toung America, 1617c
Butter Fancy creamery, 32c.
V i. fiinm HI fancv ranch. 47c.
Vegetables Cucumbers. 60c$1.23: garlic
2 3c; green peas. 6 9 8c; string beans, 3
6c; tomatoes, 50c81.25; eggplant, 75c
$1.25. onions, 2540c. .
Hay Wheat. 822 '9 24; wheat and oats,
21 22.50. alfalfa, $11'14: barley, $1618.
Potatoes Orecon Burbanks. $1L10: Sa-
Unas Burbanks, $1.251.S5; sweets, $1.25
1.60.
RecelDts Flour. 1840 quarter sacks
wheat, 2820 centals; barley, 92,310 centals;
oats. 1SO centals: potatoes. 2005 sacks;
brang, 75 sacks; middlings, 100 sacks; hay
485 tons; wool, 62 bales.
UPWARD TENDENCY IN WOOL MARKET
Heavy Trading In Territories In Original
( Bags and Uraded.
BOSTON, Oct, 22. Heavy transfers of
live, wniie Texas ana injiiurum
are comparatively dull. Trading in terri-
. . . . . . L.I. .1 . !. nA rmAfA
lory inuuum uuiu v, . ... va- --
stock. Values are holding very firm and
some of the sellers aeciare tnai-pricea euu
an upwara leiiueiicj.
Texas fine. 6 to 8 months. 54(B)5fl; line
,n . , dAdia-).. Vail 4Hi?147ft-
California Northern, eiijJKc; middle
county. 4ooc; aoumern, -.no-ioc x-
free, 48 50c . . .
Oregon, Eastern, No. 1 staple. 64 660
. .,.,1.1 OAa. -Va11v Mn 1 55C
Territory, fine staple. 66 67c; fine
medium staple, 64 65c; fine clothing, 60
62c; fine medium clothing, 58 59c; half
. . i-i c-)li. tHfA-Alarhtha blood
DKWa uouiuoti. "
combing, 07osc; quarcor m
5BIS0;C
Pulled, fine A. 60c; A supers, 563$c
Metal Markets.
NEW YORK, Oct, 22. Copper weak.
Standard spot, 17.00 bid; October, 17.00
. . - ,-rili3?1'ri'- T 1 f m hor.
1 1.2) noveuiuvii j - t .1.. , - ' ; ,
17.7017.73; electrolytic, 17.6217.87; lake.
Tin dull. Spot, October and November,
5050.50.
Lead quiet, 5 5.15.
- Spelter steady, 7.607.0.
Antimony firm. Cookson's 10.50.
iron nrm aim uuuisu.
Copper arrivals at New York today were
ivu 1 . .
. , . v. h 1., .n.isr FW1 Inni. T .(in -
ljuui emiftiiB. ".-.- . f-ro
don copper nrm, spot, na iaa, iuiure, nw
15s. London tin nrm, spoi, ".
. tone r T nnnn 1.. a H f t( 10 T (1(1-
lUrCB, L ITS. - - .
don spelter. 37 10s. Iron, Cleveland war
rants, 66s 11 a in Jonaon.
Changes In Available Supplies.
NEW YORK, Oct, 22. Special telegraphic
and cable communications received by
Bradstreets show the following changes In
available supplies as compared with previ
ous account. . .
Bushels
Increase.
Wheat. XT. S. and Canada 2 ??0.000
U. S., west Rockies ......
805.000
. . 4.679.000
Canada
Total U. S. and Canada J'lon nnn
. , . ln r.nrnni 3.5O0.0OO
K .i Am.rican and European 11,281.000
Corn. U. S. and Canada
Oats, U. a and Canada
530,000
689,000
Decrease.
Pnr-t Sonnd Wheat Market.
TACOMA. Oct. 22. Wheat export, blue-
stem. zc; ciuu, ---1
Russian. 77c. Milling, bluestem. 8081c;
club, 79c: fortyfold, 79c; red Russian, 77c.
Car receipts, wheat 87, oats 6. barley 14,
corn 1, hay 45.
SEATTLE, Oct. 22. Wheat, bluestem.
Russian, 76c. Yesterday's' car 'receipts, wheat
80. oats 7, oariey v, na.j .
Minneapolis CSvaln Market.
" MINNEAPOLIS. Oct. 22. Close: Wheat,
December, 88.c: May. 94c: cash; No. 1
vTn,.i.A-n UTiLAfyOOn: No. 2 Northern. 85(tf
87 c; No. 2 hard. Montana. 88 c; No. 3
wheat. aac. ,,,
Corn No. 3 yellow, 6560e.
Oats No. S white. 30 881c.
Ry,a No. 2 60 62c.
Barley 13 87 c.
Dnluth Linseed Market.
XJULUTH, Oct. 22. Closing: Linseed on
track, $1.51; to arrive, $1.60; October,
$1.50 acked; November $1.49 bid; De
cember. $1.46 asked; January. $1.46 bid;
May, $1.49 asked; ,
European Grain Markets.
-.mnT.tT 0 W 1 na , future
steady. October. 7s 10d; December, is
10d: Marcn. is omo.
-c. 1 1. .nnntn? markets, steady: French
county markets, firm.
FROM EVERY
STANDPOINT
the most durable,
most economical,
most satisfactory
street pavement
BARBER
ASPHALT
WHEAT FORCED UP
Buying Flurry Sends Prices
Higher at Chicago.
WAR NEWS IS THE FACTOR
Report of Command of Dardanelles
by Greek Navy Starts Values Sky
wardHeavy Operations Un
der Way for Export.
CHICAGO, Oct. $2. Alleged command of
the Dardanelles by the Oreek navy nau a
bullish effect today on wheat.
Wheat traders shut their eyes to every
thing but news relating to the Turkish
war. When Berlin, Antwerp and Budapest
. 1 l,l.,.. nrlra a hUTlllK f lllTTV
set in that rushed the market up here
more than 1 cent a bushel.
13earisn xigures on low """" - -
wheat might have proved a stumbling block
tor tne duub were ii noi m. w.
In (r. was active in Chicago and at Kansas
City and the Northwest as well. Big export
clearances Impressed speculators as due di
rectly to the struggle with the Turks.
Corn and oats closed unchanged, or not
to exceed o up.
Provisions closed 6 to to oents lower.
The leading futures ranged as follows:
WHEAT.
Open. High. Low.
Dee. ......$ .92 $ .83 .92
May 97 . .87 - .97
CORN.
Close.
I .92
.97
Oct.
Dec
May
.63
.63
.52
.63
.52
.63
.52
.63
.52
OAT8.
Dec.
May
.82
.84
.32
.84.
.82
84
.82
.84
MESS FORK.
17.00
19.06
18.70
Oct, ..
Jan. . .
May ..
...19.12
. ..18.80
19.22
18.85
, LARD.
J9.00
18.70
11.25
Oct.
Jan.
May
"."..lo'sS ' 10.90 10.80
...10.35 10.87 10.80
SHORT RIBS.
10.80
10.80
10.62
10.15
987
Oct
Jan. 10.15 10.20 10.12
May 9.95 9.97 9.87
Cash quotations were as louum.
. Flour Steady.
Corn No. 2, 644c; do. white, (49
84c; do. yellow, 6464c; No, 8, 34o;
do. white, 6S4c: do. yellow, 6S4o; No.
4, 6$8c; do. white, 2$o; new, 64c;
No. 4 yellow, 6t63c
Rye No. 2, 686e.
Barley Feed or mixing, 485$o; fair to
choice malting, 69 72c
Timothy seed $3 4.
Clover seed $13 18.
Pork Mess, $17.12 17.M.
Lard In tierces. $11.35.
Short ribs Loose, $10.5011.18.
Oram statistics:
Total clearances of wheat and flour were
equal to 1,891,000 bushels. Primary receipts
were J.S43.O0O bushels, compared with 1.
094 009 bushels the corresponding day a
year ago. The world's visible supply, as
shown by Bradstreefs, increased 11.284.000
bushels. Estimated receipts for tomorrow:
Wheat, 110 cars; corn. 168 cars; oats, 449
cars; hogs, 83,000 head.
Grain at 6an Francisco.
CAN FRANCISCO. Oct. 22. Spot quota
tions: Walla Walla $1.47$1.60 per cen.
tal; red Rusian. $1.45 1.47 : turkey
red $7.57L60; bluestem. $1.57160;
feed barley, $1.47 1.50 per cental; brew
ing $1.621.55; whito oats, $1,501.62
per cental; bran, $25.00 25.60 per ton; mid
dlings. $34.00 35.00 per ton; shorts. $27.00
27.50 per ton.
Call board sales Wheat No trading.
Barley December, $1.48 per cental bid,
$1.60 asked. May. $1.51 per cental.
Wool at St. Louis.
tory and Western mediums, 2125o; fine
mediums, lopzuc; tine. iong.
The value of some
otherwise splendid
properties in Port
land is greatly de
p r e eiated because
of the noisy pav
ing in the vicinity.
Boost for bitulith
ic, the practically
noiseless paving.
Call at room 700 Journal
building for reasons why.
TRAVELERS' GCIDE,
AMERICAN
Lancest 8. 8. Co.,
In the World
1,210,000
OVER 400
SHIPS
TONS
Atlantic
Service
London, Paris,
Hamburg
Kaiserln Aug. Vic... Nov. 6. 8 P. M.
Pennsylvania Nov. 9, 10 A. M.
tPretoria Nov. 18. 11 A. M.
Pres. Lincoln Nov. 18, 2 P. M.
Hamburg- direct second cabin only.
MEDITEEEANEAN
- Madeira, Gibraltar, Alslers, Naples,
Genoa.
?S.'s. CIXCINTfATI Nor. S, 11 A.M.
S. 8. MOLTIvE. . .Nov. 12. 11 A.M.
8. 8. CINCINNATI Dec 10. 11 A. M.
8. B. HAMBURG. .Jan. 11, 11 A. M.
Will not call at Madeira.
Will call at Algiers.
GRAND CRUISE
The Orient
By the Palatial
S. S. CINCINNATI
(17,000 Tons)
LEAVrNO NEW YORK
January 28, 1913
to MADEIRA, SPAIN, the MEDI
TERRANEAN and the ORIENT.
80 $325 tr
Also Cmlsea Around the World, the
West Indies, Italy and Egypt, etc
Write lor Booklet stating cruise.
HAMBURG-AMERICAN
LINE
160 Powell St.. San Francisco. Cal.;
O.-W. R A N. Co., Nor. Pacific,
D & R. 5. R. R.. Burlington Route,
MllwauKce A r-uget bouna n. n.,
Great Northern Railway Co., Dorse
B. bmltn, ow r inn si., ron.
lana, uregon.
Copyright 1012.
A FEATURE OF LUMBERMENS
NATIONAL SERVICE
YOTJ may believe that one bank la like anotber J that
banking- la merely a bualnem of depositing and with
drawing; money or that a fixed policy prevails.
In the I,nmbermann National Banlr, at least the only
fixed policy that prevail la ABSOLUTE SECURITY, tlio
fundamental principle la banking:.
We wonld like to demonstrate thla fart to yonj In the
Lambermana National Bank we are not content to per
form mere routine duties, bat we make It point .to be of
material service to depositors.
lumbermens
National bank
RESOURCES 6 MILLIONS
Corner Fifth and Stark.
LADD &TILTON BANK
Established 1859,
Capital Stock
B orpins and Undivided iforits
Commercial and Savings Accounts
Letter of credit, drafts and travelers checks istraed, avail
able in all parts of the world.
w. m. jLaaa, president.
Edward Cooking-ham. Vlc-PTss.
W. H. Duncklay, Caahlor.
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
The Bank of Personal Service
There is no way in which onr aim to be of service to you has
been neglected. In every department courteous clerks are at
your command to offer a service above the mere bounds of duty
and custom, the only limits of accommodation being those pre
scribed by prudent banking methods.
Four per cent interest paid on savings accounts.
Open Saturday evenings for your convenience.
Merchants National Bank
Under Government Supervision.
FOUNDED 1886. , WA SHINGTON AND FOURTH- STS.
The Canadian Bank of Commerce
INCORPORATED 1ST.
Bead Ottlce Toroato, Canada. Now Tork 1 Elaekaajra Plaao.
Laadea 3 Lombard Street.
Over three hnndrod other branches In the United States and Canada,
Every car taken ot collections. Draft on all forelm countries and
principal cities In United Stataa and Canada bought and sold, and a
reneral banking; business tranaaotod.
Interest allowed on Time and Special Deposits.
PORTLAND BRANCH, SECOND AND STARK STREETS
F. C. MA. LP A 8, Uaasgtr.
I TRAVELERS' GUIDE. I
ft e;3gf$'$m!i
II JMi'$im
0 i
BUY YOLK TICKET TO
San Francisco
The Exposition City. From There Go
South by Water on Either the
Yale or Harvard
Those Palatial Steamships Offer
Every Comfort and Luxury.
San Francisco to Los Angeles
8.S5. ROUND TRIP 913.70.
To San Diego
10. ROUND TRIP 18.
For folders and reservations apply to
PACIFIC NAVIGATION CO.,
880 Market St., . 00 Market St,
San Francisco, Cal.
EXPRESS STEAMERS FOR
San Francisco aad Los Anaelea
WITHOUT CHANGE.
S. S. ROSE CITY sails 4 P. M. October 2T
THE SAN FRANCISCO A PORTLAND
S. S. CO., Ticket Office 13V Third Street.
Phone Main 2tMI5, A 25S9.
J.C.WILSON&CO.
STOCKS, BONDS, GRAIN AND COTTON
MEMBERS
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OF TRADE,
THE STOCK AND BOND EXCHANGE,
SAN FRANCISCO.
PORTLAND OmCE:
Main Floor Lumbermen" Bank Bldg,
Fifth and Stark.
Phones Marshall 4120, A 4187.
$1,000,000.00
800,000.00
OFFICERS.
Robert S. Howard, Asst. Cashter.
nowu,.
J. W. Ladd, Asst. cashier.
Walter M. Cook. Asst, Cashier.
TRAVELERS' GTJTDS.
EGYPT ITALY
THE MEDITERRANEAN
ROUND THE WORLD
via Ban Francisco, Australia, Ceylon, eto
tenn 1ST CABIN 2D CABIN M7C
JpOUU STOP OVERS VJ
SYDNEY SHORT LINE
The pleasantest and most comlortabU
route Summer or Winter. 19 DAYS San Fran,
rlsro. to SYDNEY, via HONOLULU, and
SAMOA. Splendid twin-screw (1O.000 ton)
teamen "mEHBA." "SONOMA" and
"VENTURA."
$110 HONOLULU JScZISTDIIET MOO
Sailings every two weeks; Oct. 22. Nov. ft.
19, Dec. 8, etc Write or wire NOW for
berths, fiend for folder.
OCEANIC STEAMSHIP CO.,
78 Market St., San Francisco.
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Every Wednesday Alternately at
6 I M.
NORTH PACIFIO S. S. CO.
122 A Third St. Phones Main 1S14, A 1811.
Steamer Hassalo for Astoria
Leaves Portland Ash-street dock at 10:30
P. M. dally except Sunday, arriving at As
toria o:uu A. Al. ana iacsier at
7:80 A. M. Returning lenves
Megler dally (except Sunday
and Monday) at 9:30 A. M.. ar
riving Portland 4:30 P. M. On
Sundays will leave Megler 9 P.
M., arriving Portland at 6:3U
A. M.
COOS BAY LINE
STS 1MER BREAKWATER
sails from Alnsworth Dock, Portland, at
8 A. M., October , 16, 23, 30. Freight re
ceived at Ainsworth Dock dally up to 5
P. M. Passenger faro First class, JIO;
second-class. $7, Including berth and
meals. Ticket office at Alnsworth Dock.
Telephone Main 3600, A 2332. Portland
& Coos Bay SS. Line. H. J. Mohr. Agent.
NEW YORK -PORTLAND
REGULAR FREIGHT SERVICE.
Low Ha tea Schedule Time.
AMERICAN-HAWAIIAN S. S. CO.
213 Railway Exchange Bids.
Portland, Or.
Mala 887S. A 8833.
Steamer Anvil
Sails from Couch-street Dock every week.
For Newport. Florence and Ban don.
Freight and Passengers.
Prank Bollam. City Ticket Agent. 128 Third.
Phones Main 628. A 4398,
C. B. Brown. FTt. and Pass. Aft,, Coach
Sr. Dock, phones. Main 661. ' A 41U.
Pala