Morning Oregonian. (Portland, Or.) 1861-1937, November 08, 1912, Image 21

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Morning Oregonian., November 08, 1912, Page 21, Image 21

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Newspaper Page Text21 MOIt:STXG OEEnOMA, rRIDAT, XOTE3IBER S, 1912. THE HIDES STRONG EAST Tanners Are Anxious for Addi tional Supplies. FOREIGN MARKETS FIRM In Spite of Conditions Elsewhere Local Dealers Are Xot Getting Many Orders, but Believe Nor mal Trading M ill Resume. Although the Eastern hide market, ac cording to telegraphic and mail advices, contlnuea strong, local dealers are finding ome difficulty In netting ordera from there. This Is an unusual state of affairs, and they hardly Know how to explain It. Some of them, are Inclined to believe that the caution of the Eastern trade Is due In some way to the election. If this h the case, market conditions should be settled very son and normal business restored. In the meantln.e the buyers here are going ahead slowly with their operations. not withstanding the strength at Chicago and elsewhere In t.e East. The local market Is quoted now at 13 9 lj'-i cents on salted and 21922 cents on dry hides. There Is no change In calf skins, pelts are very strong. In sympathy with the condition of the wool market. Dry pelts are quoted locally at 13 cents. Mall advices Just received from Chicago say: "Continued activity prevails In all hide markets, both foreisn and domestic, and tanners are apparently airxlous for supplies, as additional advances have been obtained over former high record levels. Sole leather hides of all kinds are particularly strong, with exceptional activity prevailing in do mestic packer tske-off, and sales of these for a week past will easily amount to an other JOO.iKO hides. If not more, with con tinued buying in advance of kill, and No vember salting now closely sold up, as well as October take-off. An additional advance of lac has been secured on' all varieties of brand. d. with sales of Texas ateers up to ISc. for heavyweights, lT1c for light and IT Vic for extremes. The latter price was also reslised for branded cows, and butt brands and Colorado brought 18c. and 17 c, respectively. "Country hides are also stronger, with more activity. Buffs and heavy cowa are In good demand at 16 Vic. and extremes at 16'c, with special selection sold at He over these figures. 'South American hides are also sharing fn the excitement generally prevailing, with Buenos Aires dry quoted up to 30ic. and 31c. and sales of Bogotaa at 29c., Puerto Cabellos at 2SXc. and Central Americans at liSVic showing advances for all kinds. Kiver PUlt wet salted frtgoriflcos have also advanced sharply. "Foreign and domestic calfskins continue strong and In good demand, with sales of choice Chicago city klna up to 1 Vic. and advances asked for further supplies. Packer kip have sold up to 19c. and ordinary coon-' try kips command 18c "At the monthly auction sale at Paris hides advanced from S to 6 per cent." INQUIRY FOR BEST GRADE OF HOPS. Fanners Holding Choice Quality Ask Above Current Market Price. There was some Inquiry yesterday for the best grades of hops, but this kind of qual ity could not be found. The few growers who have such lots are holding them over the top market quotations. No sales of lower grades were reported. The California market was quiet, accord ing to wires received, and English cables told of a lack of demand for Pacifies. Trade circulars of London hop factors say: Wild, Neame Co. There la rather more disposition to entertain East and Mid Kent growths. A fair trade has been done during the week, the beat samples continuing In demand at full rates while medium grades are a somewhat slower market. Thornton. Harryman & Matthews Trade continues firm. Many good sized lots of medium quality have been sold during the last few days at 110s to lids per cwt.. and anything below these figures Is eagerly sought after. Choice bops are scarce and command full values when offered. Manger & Henley The demand of the past we?k has been of a healthy character and soire strong business has been done. Prices remain steady and firm. W. H. and H. La May There la a good trade doing at current rates In all descrip tions of English hops. OATS FIRM, C.B.UN MARKET FEATURE. Large Lot Sells at Seattle at f.?7 Wheat Trade Is Slow. There has been no Improvement yet In the whest situation. buyers and sellers are not particularly Interested In the mar ket, and when they are. are apart In prices. Oats are the firmest feature of the grain merket. Choice white oats are quoted here at S.:0. and a large lot sold at Seattle yesterday at 27.K. The barley trade was dull. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat. Bar. Flour. Oats. Hay. Mondav l.6 20 2:1 11 16 TucKlay Ml 17 12 22 s Wednesday . . 4 18 8 5 8 Thursday ... fl 7 7 10 In Year so. . SI I 7 1:1 IS S'sn to ilate.7."j6 eii 817 BT.4 year ago . TtiS 227 1023 i73 1213 THREE CARS OF t.REEX BANANAS IN. (rapes Are tilling Mradlly. But Apples Are Slow. Three ears of bananas were received yes terday, all in green condition. 7n the meantime, ripe stock Is very scarce on the street. Grapes were In light supply, and sold welL The demand for apples was small, except for fruit obtainable around 75 cents. The tomato market Is steadier, as no more are to be bad from Northern Califor nia. There Is very little good head lettuce to be had locally, but a car la due from California Monday. Poultry And Meat steadier. The poultry and dressed meat received yesterday were quickly disposed of at steady prices where the quality was right, A con tinued steady market throughout the week Is expected. There were no new development In the eg market. The demand was moderate. Dairy produce was unchanged. Bank Cleau-tngs. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. .Balances. Portland - 2...6S.S31 lol.7l Seattle 2.723,2(14 1SS.07J Tacoma S57.SM3 50.771 Spokane 1.1H.423 S57.071 PORTLAND MARKETS. Grain. Floor, Feed, Etc FLOUR Patents. 14.30 per barrel; straight. 13.90: exports. 3.0093.70; Val ley. 14.30; graham, 14.20; whole wheat. 14.40. WHEAT Trark prices: Club. 7Se; blue stem, 81c; forty-fold, 7c; red Russian, 77c - valley 19c. CORN Whole. 13; cracked. IS per ton. MILLSTCFFS Bran. 22 per ton; shorts, 124: middlings. 130. BARLEY Feed, 2."26 per ton; brewing. tZt ; per ton: rolled. 127.30 g 28.50. OATS No. 1 White. $20.50 per ton. HAT Tlnrotry. choice, 117319; No. I, 110: oat and vetch, 112; alfalfa, fig; clover. s.10; straw, 1097. Vegetables and Fruits. FRESH FRUITS Apples, ordinary, 00c 0 11.50 per box; peaches S3 S 50c per box; pears, 11.20(1.5i per box; grapes. l.ltt per box; cranberries. $10.50 per barrel; casa bss. 75c5$l.l per dosen. TROPICAL FRUITS OTsnges. Valencia. 1464.50; California. grapefruit. 145: Flori da grapefruit. IS.SOjJo: lemons. 168.50 per box; pineapples, 8c per pound: pome granates. 11.58 per box; persimmons, 11.75 per box. ONIONS Oregon, $1 per sack. I POTATOES Jobbing prloes: B urban its. 0&85C per hundred; sweet potatoes, 2c per pound. . VEGETABLES Beans. 12c; cabbage, 1 IVic per pound; cauliflower. 40cM1.25 per dczen. celery 25975o per dosen: cucum bers. 50S60O per dosen: eggplant. 11.254H.50 par box; head lettuce, 10c per dosen; peppers. 99 8c per pound; radishes, 15 20c per dosen: spiouts, 8c; tomatoes, 76c$l per box; garlic. 5 8 6c per pound. BACK VEGETABLES Carrots. 11.25 per sack; turnips. 11 per sack; beets, JXIO per sack; parsnips, 11.23 per sack. miry and Country Produce. EGGS Fresh locals. candled, 40 42 Vic per dozen: eastern. 2t i V JZftC. CHEESE Triplets. lUc per pound: daisies, 19 Vic; Young America. 20Vio per pound. BUTTER Oregon creamery butter, cube. S3HC per pound; prints. 36 Vi 9 37c per pound. PORK Fancy. 10&10Vic per pound. VEAL Fancy. 1212Vic per pound. POULTRY Hens, 12 14 8' 11c: broilers, i:Vittlc: ducks, young, 12.lSc; geese. 12c; turkeys, live, 18b20c: dressed. 25c Staple Groceries. SALMON Columbia River, one-pound lain, s.,:o per uusen; naii-yuuuu 11.40; one-pound flats. (2.40: Alaska pin, one-pound tails. S3c; silversides, one-pound tails. ji.a.l. COFFEE Roasted, la drums, per pound. HONEY Choice. 13.25f3.75 per case. NUTS Walnuts. 15V4 lV4c per pound: I , . , T . . - . RAlllif!' CO- eoanuts. 90c 11 per dosen; cheenuts. 12V40 . - i . . , . lain,. ,. a n & Cr puuuu, iiicftur; HUM) v.wv, 17c: pine. 17Vi&20c. .BEANS Small white. D.40C: large wu.i-. 5 Vic: Lima. 8.75c; pink. 6c; Mexicans, Sc. bayou. 4.65c , , SUGAR Fruit and berry. $5.75: Honolulu plantation. $5.70: beet. $5.55; extra C, powdered, barrels. Id; cube, barrels. 'I- DAui unooiRiea, i dcs .., ground 100a. $7.50 per ton: 50s. IS per ton. IJ I r ' Vn 1 n Ufl .hMUBr KradOS, 4?3"4c: Southern head. 1&7V40. UKIED FBIIIS Apples. 1"C per apricots. 12il4c; peaches. 8 11c: prune. iiauans, strtuc; silver, .isc ; xig. black. $Vi7c; currants. 8Vic; raisins, Ioojs , .. .. . . i -1 , ThiMlBHl 11V4c; unbleached Sultanas, 8 Vic; seeded. 7 Afiu.- fiu.A ner pound; farrl. $1.65 per box. . . . - . A . u l.nnnr. r iKMts i wei ve iu-ounce w, " " ' , . ' -., . . - . flmvraL iwwt ov-pounu ooxea ov,u ' boxes, $1.10ai.2S; candled. 16918a Prevision. HAMS All sires. llVl&lVic: picnic, lie; klnned. lSVic; boiled, lie. BACON Fancy, 2829c; cnoice. ius LARD Tierce basis, choice. lSVio; com pound. tc DRT SALT MEATS Regular short clears, I8tt015c; short clear backs. 11 to 11 lb.. 14Vi&lSc; short clear backs, I to 2$ lbs- liVi&Uo; exports. Httl6Vio; plates, iv la; butts, Icrioc: bellies, square cut, z u 11 lbs.. 15lVic BARRELED BEEF Extra mess beef, 114; mess beef. $13; extra plate beef. $17.50; plat beef. $17.10; rolled boneless beef. $1. BARRELED PORK Best pig pork, $21; brisket pickled pork, $21; Berkshire pickled perk. $11. Hops, Wool and Hides. HOPS IB 12 crop, prim and choice. IS 20c per pound. MOHAIR Choice, 32c per pound. PELTS Dry. 13Vic; alted lambs, OQ90c; salted pelts, short wool, 6UC01.UO. WOOL Eastern Oregon. 14iao P pound, according to shrinkage; valley. 21Vi V - - H c per pound. HIDES Salted hides. 13 8 13 He per pound; salted calf, 10c: salted kii. 13tfl4c: resi hides. 13c; dry hides. 21 22c; dry calf. No. L 25c; No. 2. 20c; green stags. 6 Via 7c UAStAKA per nouna. vo4c; cariots. 4tl 5c Unseed OU and Turpentine. LINSEED OIL Raw. barrels. 67c: boiled. barrels. 68c: raw, cases, 72c; boiled, eases, 74c. TURPENTINES Case. 60a; barrel. 57 Hs per gallon. inOMXET FIRMER liAMBS BHIXG $5.85 AT THE STOCKYARDS. Wethers and Ewes Also Sell at Good Prices Hogs Are Nickel Higher Than Wednesday. There was some business In all line at the stockyards yesterday, but the total volume of trade was not large. The sup ply was fair. Prices were steady to tirm throughout the list. Three loads of heifers were sold In the forenoon at $5.75 and $6, This made up all of the cattle trade except the sal of a few cows and bulla at the old price. Two cars of top-grade hogs brought $7.85, a nickel beter than a'as paid on the pre ceding day. Other good hogs sold at $7.so and heavy hogs at $.75 and $7. The good position of the mutton market was shown by the taking of a load of choice lamb at $5.S5. which is 5 cents higher than the best previous price, sheep were also firm, with wethers selling at $4.85 and ewea at $..o. Receipts were 126 cattle. 5:16 hogs, 726 sheep and 7 horses. shippers were: J. Dodd. Troutdale, 8 cars ft cattle; W. F. Ferguson. Athena. 1 car of hogs: C. J. Hal- strom. Welser. 1 car of hogs; A. G. Preston, Welser. 1 car of hogs: A. G. Kelthly. Wel ser, 1 car of hogs; Joe Madison, Welser, 1 car of bogs; I. u. Bodlne. St. Anthony, 1 car of cattle; Ball A Later. 1 car of hogs; Harmon & Davis, Eugene. 1 car of horses, and Hugh Cummings. Albany and Corvallw. cars of cattle, sneep and hogs. The day s aales were as follows: Weight. Price. 2 bulls 1035 $4.00 3 bulls US'3 4.75 5 cows 4.50 8 cows . 1027 5..V 12 hOs 812 6.O0 4 heifers ft (3 5.75 23 heifer 2 6.75 2:; heifer . ....loot! et on 244 lambs S3 B.85 3.1 wether 17 4.Vi 47 ewe !.-, 4..S.1 1O0 hog , , 170 7.80 8 hogs 300 7.iM) 84 hogs IIS 7. SO 10.1 hogs !(.-, 7.S3 not! 270 7.00 1 hog 400 7.00 81 hogs 2;;u 73 52 hows . 04 t.hz " hons IDT 7 80 2 hogs 3,-,5 6.73 The range of prices at the yards was as follows: Choice steers $6.7517.00 Good steers ....... .......... 1.25 6.65 Medium steers ................. 6.00'ur 6.25 hoice cows KOOa 8.35 Good cows 6.50 SJ 6.75 Medium cows 5.009 $.5 Choice calves 7.50'g 8.50 uooe neavy catve $.009 $.50 Bulls l.OO 5.00 oiaic" .75gf 6.25 Hog Light 7, 50 7.83 Heavy e.3oQi 7.00 Bheep Yearlings 4.25'9 4.90 Wethers 1.60 0 4.65 Ewes 2.75 S.S5 Lambs 3.S5S 5.83 Omaha Livestock Market. SOUTH OMAHA, Nov. 7 Cattle Re- Jpta. 2000; market, steady to strong. Na v steers. 15.75 1& 0.75: cot-i ind h,if,M $3.656.65; Western steers, $3.00418.00; 'i- 1 -.11 c, H n. ... ., 1. . . . $3.5U6.50: canners, $3.0utj;4.25; stockers and feeders, $4,7567.50; calves, $5.00&B.OO; Duns, siags, eic, ftti o.vo. Hogs Receipts. 42O0 ; market, 5c to 10c hlrher. Heavy. $7.80 7.0O: mixed. $7.73 7.83: light. $7.60gS.S3: pigs, $6.257.35; bulk of sales, $7.7537.85. bheerj Receipts. 9000; market, steady. Yearlings. $4.735.50; wethers. $3.604.50; ewes, $3.23jf4.25: lambs. 16.50i37.50. Chicago Livestock Market. CHICAGO. Nov. 7. Cattle Receipts. 6000; market, slow to steady. Beeves $5.30 i 10.75, Texas steers, $4.35 5.65: western steers. $5.5069.20; stockers and feeders, $4.157.15: cows and heifers, $2.73g7.0; calves. $d.50'a 10.50. Hogs Receipt, 16,000: market, strong, 5c to 10c higher. Light. $7.40fcS.05; mixed. $7.60B7.20; heavy. $7.458.20: rough. $7.43 $7.60 6 8.20; heavy. $7.4588.20; rough, $7.45 6 8.05. Sheep Receipts, 20,000: market, strong. Native, $3.5004.65: Western, $3.604.53: yearlings. $4,7045.40: lambs, native, $5.50 tf7.40; Western. $5.65 37.15. Chicago Dairy Produce. CHICAGO. Nov. T. Butter steady; creameries, 2Sft32Vi: dairies, 2530. Eggs steady; receipts. 2118; at mark, cases in cluded. 20&21-. ordinary firsts. 23; firsts. SB. Cheese Steady; dairies, 174 : twins, 16 17: young America DVii ong norn. 16 17. LIST 15 IRREGULAR Stocks Show Less Strength Than on Wednesday. TRADING IS PROFESSIONAL Reading and Steer Subjected to rressnre- St. Paul the Strongest Feature of the Ust Money Market Is Weaker. NEW TORE, Nov. 7. Non of the buoy ancy which characterized yesterday's trading In stocks was manifested today. Trading, while much under the total of Wednesday's session, was moderately large, but Its pro fessional character was doubtless a source of disappointment to those who had ex pected the close of the political situation night stimulate the demand. Initial prices showed some material gains, especially in St. Paul, the coppers ana Pears-Roebuck. In fact. St. Paul later be--ame the leader In respect of strength, witn marked Improvement In the Harrlmans and a few minor railers, Including Missouri rscllic. , Pressure upon Reading and Steel resulted In a general shading of prices later. There was further marked weakness In Beet Sugar and a sharp break In American Cotton Oil because of the failure of an expected divi dend. St. Paul was at Its best in the final hour, when the general list became more irregu lar. The money market was dull and weaker. Most call loans were made at 5 per cent. Bonds were firm rtth activity in St. Paul and Atchison Issues. Total sales, par value. J2.S13.0O0. United States Government bonds were unchanged on call. CLOSING STOCK QUOTATIONS. Reported by J. a Wilson & Co.. Lewis building, Portland. , , Closing Sales. High. Low. Bid. Amal Copper .. 33.4O0 7 Vi 6V4 Am Beet t-ugar. 1.700 62 ft 5Vs American Can . . 18,000 43 42 42(4 do preferred.. 400 123 12214 122- Am Car & fdy. 1,1 wo . 61 toVi 0 Am Cotton Oil.. 8.800 57 54 Vi 55 Am Smel A Ret 9.000 84 S3V 3V4 do preferred.. J07.1 American Sugar 400 123 122 Ti 122 'do preferred.. r.. Am Tel & Tel.. 500 14$Vi 14S 143Vi Am Tobacco Pf. 277 274 24 Anaconda 8.500 45 44 44 Atl Coast Line.. 30O 140H w iv A T & Santa Fe e.SOO 109i 108 10. do preferred.. 300 102 101 101 Bait & Ohio 6.800 108 307Vi 17H Brook R Tran.. 100 01 PI J?! Canadian Pac. 8,600 267 265 265 C & O 6.900 83 82 83 Chi Great West 1.200 20 1 1 Chicago N W. 1,400 141 140 140 C. if & St Paul. 64.100 117 113 H Central Leather. 1,500 82 Vi 32 32 , Central 01 A J. 10O Chlno 9.90O 49 48 48 Col Fuel St Iron 1.50O 88 38 88 Colo Southern .. 30, Consol Gas .... 2.600 146 145 145 U L & W 640 D i R Grande Distilling Securi 700 28 29 2i Erie 7.S0O S6 .H5 35 General Elec .- S0O 188 183 183 Great North Ore I.00O 48 48 48 Gt North pf 0.500 341 140 140 Illinois Central. 40O 130 129 128 Interbor Met .. 3,600 21 20 20 do preferred.. 5.3O0 67 66 Inter Harvester 800 122 122 122 K C Southern.. KOO 28 29 29 Lehigh Valley .. 81,800 176 175 175 Louis & Nash.. 500 152 150 150 Mexican Central 100 27 M. S P &S S M l.OOO 144 143 143 Mo. Kan ikTex. 1.100 2tf 20 29 Mo Pacific 26,800 46 46 45 National Lead .. SOO 4 64 4 Nat Biscuit ... 000 1.15 1 33 133 do preferred.. 124 NY Central... 8.400 117 116 116 N T. Ont i Wes 1.600 110 116 -115 North American 84 Northern l'ac .. 8.300 12S 127 127 Pacific Mall 32 Pacific T & T. . 300 50 50 50 do preferred 100 Pennsylvania ... 4.800 124 123 123 People' Ua ... 500 118 118 118 Reading 108.400 174 173 173 Republic S & L 2.SOO 33 32 32 - Rock Island Co. 27 27 27 Southern Pac .. 8.500 113 112 112 Southern Ry ... 3.30 30 80 30 Trial OH 500 123 122 122 Union Pacific .. 67.100 175 174 174 do preferred.. 1.800 92 91 81 United Rda 8 F 88 38 38 U S Steel 118.3O0 7S 77 77 do preferred.. 1,000 113 113 118 Utah Copper ... 5.600 65 64 64 Wabash 100 4 Western Union .. 3O0 ' 70 78 78 Westing Elec .'. 700 84 84 83 Wis Central 100 54 54 52 Total sales for the day, 774,100 shares. BONDS. Reported by Overbeck 4 Cooke Co., Board of Trade, Portland. Bid. Asked. Amer Tel & Tel conv 4s 112 113 American Tobacco 4s.... 95 .... American Tobacco 0 ....120 .... Atchison general 4 97 97 Atchison conv 4s 109 109 AtchUon ail J 4 stamped S3 88 Atchison conv 5s 109 109 At Coast Line cons 4s 94 95 At Coast Line "L & N coll" 4s. 82 93 Baltimore A Ohio 3s 91 92" Baltimore & Ohio 4s 97 87 Brooklyn Rapid Transit 4 91 91 Can Southern first 5s 100 118 Chesapeake & Ohio 4s 99 99 C B & J gen mlg 4s 84 83 C B 4 Q Joint 4s .. 95 95 C B & Q Ills 4s 97 88 C B & Q Denver 4s 94 95 Central Pacltic first 4a 84 95 Chicago .4 East Ills 4s 77 77 Chicago R 1 & P ref 4s 87 87 Chicago R I & P Col trust 4s.. 68 68 Colorado & Southern first 4s... 83 94 Denver & Rio Grande 4s? 84 .... De:uare & Hudson conv 4s... 87 97 Erie ilrst cons P L 4s 8 87 lnt Met 4s 81 81 Japanese 4s A... 85 Japanese first 4s 91 91 Japanese second 4s 90 . 91 Louisville 4 NiVhville unl 4s... 87 97 Missouri Pacltic 4s 71 72 New York Central Ss 8(1 86 New York Central L S 8s 78 1 New York City 4s 92 92 New York City 4V-S of 1967 1 lotf Norfolk 4 Western 4 96 96 Norfolk 4 Western conv 4s.. .113 116 N Y Ont W 40 84 Northern Pacific P. L. 4s 98 98 Northern Pacific 3s 68 69 Oregon Short Line 4 91 92 Oregon Ry 4 Nav 4 92 93 Penna Ry 4s of 1948 101 Reading general 4s 96 96 Republic of Cuba 5s lo2 Southern Pacific first ref 4s... 93 93 Southern Pacific col 4s 88 89 Southern Ry 4s 78 78 St L 4 S F ref 4 70 77 Union Pacific nrst 4s 99 100 Union Pacific conv 4s lo:i 103 Union Psciflc ref 4s 95 94 Unite,! Slates Steel 8 F 5s....l01 102 United States 2s registered 101 112 United States 2s coupon 101 101 United States 3s registered 102 103 United states 3s coupon 102 103 United State 4s registered. ... 1 13 111 United States 4s coupon 113 114 United Railway S F 4s 6 56 Wabash Ilrst 4s 66 J" Western Union 4s 9 Westinghouse conv 5s 93 112 Western Pacific 3s - S3 84 Wisconsin Central 4s 91 92 West Shore 4s 98 88 Eastern Mining Stocks.. BOSTON, Nov. 7. Closing quotations: Allouez IMohawk 85 Amalgamated .. 30) Nevada Con .... 22 A Z L 4 S 32 iNipissIng Mines. S Ariz Com 4-iNorth Butte ... S B 4 C C 4 S M. 6. North Lake .... 3 Cal 4 Aria. 7901d Dominion .. 59 Cal 4 Hecia. ...575 iOsceola 109 Centennial 20 Quincy 65 Cop R Con Co.. 6iShannon 14 E Butte Cop M. 15:Superlor ........ 43 Franklin 10;s 4 B Min 2 Giroux Con 4 (Tamarack 42 Granby Con 69U S S R & M... 48 G Cananea... 9 15-101 do pfd 60 Isle Royall (C) 34frtah Con 12 Kerr Lake 2'Utah Copper Co. 4 Lake Copper ... 30IWlnona 4 La Salle copper. 5 1 Wolverine 77 Sdlaml Copper 9fcJ Money, Exchange, Etc. NEW YORK, Nov. T. Money on call steady. 4 $6 per cent; ruling rate. 5 per cent; closing bid. 4 per cent; offered at 4 per cent. Time loans weaker. Sixty days, 9 per cent: 80 days, 56 per cent; six months, 5 per cant. . Close: Prime mercantile paper, 6 per cent. ... Sterling exchange easy with actual busi ness In bankers' bills at $4.81.75 for 60-day bills and at $4.85.50 for demand. Commercial bills, $4.SL ' Bar silver, 62 c Mexican dollars, 48C- . Government bonds steady. Railroad bonds firm. , LONDON, Nov. 7. Bar silver, steady, 29d per ounce. Money 23 per cent. The rate of discount in the open market for short bill is 4 15-16 5 per cent. The rate of discount in the open market for three months' bils is 4fe4 15-16 per cent. SAN FRANCISCO. Nov. 7. Sterling on London. 60 days. $4.81; sight, $4.83. Silver bar, 62c Mexican dollars, nominal. Drafts Bight, 2c; telegraph. 5c, Condition of the Treasury. WASHING-TON, Nov. 7. The condition of the United States Treasury at the beginning of business today was: Working balance B3.4R8.760 In banks and Philippine Treasury 3o,56,327 Total of general fund 149.903.553 Receipts yesterday ............. 1,874,797 Disbursements 1.676,123 Deflclt this fiscal year $1,416,224 as against deficit of $20,250,191 last year. The figures for receipts, disbursements and deficit exclude Panama Canal and public debt transactions. SAN FRANCLSCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables, Fruits, Etc SAN FRANCISCO, No. 7. The follow ing produce prices were current nere today: Fruit Apples, choice. 60c: common. 4Uei Mexican lime, $56.50: California lemon, choice, $5; common. $2; pineapples. . $1.10 92.50. Cheese Young America, 1718. Butter Fancy creamery, 83c, Eggs Store, 44 c: fancy ranch, 52c Hay Wheat. $23.50 24; wheat and oata $20&22; alfalfa, $12914: barley. $18019. Fotatoes Oregon Burbanks, glOLIU; Sa linas Burbank. $1.25 1.35; sweets. $125 1.50". Vegetable Cucumbers. $1.25 1.50: garlic, 23c; green peas, 7llc; string beans, 5j 8c; tomatoes, 6o75c; eggplant, 50c$l; onions, 2535c Receipts Flour. 3920 quarter sack; wheat, 600 centals; barley. 2290 cental; oats, 1680 centals: potatoes, 5595 sacks; hay, SCO tons; wool, 65 bales. ' ' New York Cotton Market. NEW YORK, Nov. 7. Cotton Spot closed steady. Middling uplands, 12c; do. Gulf, 12.25c ' Saies.n none. Cotton futures closed very steady, 10 to 13 points higher. November. 11.40c; Decem ber, 11.64c; January, 11.75c; February, 11.84c; March, 11.95c; May, 12c; June, 12.01c; July, 12.04c; August, lL93c; September, IL6U0; October, 11.54c. NEW ORLEANS, Nov. T. Spot cotton steady, c up. Midllng. 11 c Metal Market. NEW TORK. Nov. 7. Copper Quiet; standard spot, 1717.50c; November. 17.05 17.35c; December and January. 1717.35c; electrolytic, 17.3717.87c; lake. 17.62 17.87c, casting, 17.2517.37c. Tin Oulet: IDOL 50.105i50.4flc: Novem ber, 30. 10 9 50, 30c; December, 6050.45c -j x.eaa wuiet; 4.(0(34.boc. Spelter Quiet; 7.35 jf 7.4.1c. Antimony Steady; Cookfon's, 10.50c Iron Firm and unehansed. Copper arrivals, 2.410 tons. Exports this month, 3488 tons. London copper Dull; spot, 76 12s 6d. Futures, 77 Os. Local ex change sales of tin were 25 tons, London tin. steady: spot and futures, 229. London lead, 18 us (bid). London spelter, 27 7s 6d. Iron Cleveland warrants, 66 4d in London. Naval Stores. SAVANNAH, Ga., Nov. 7. Turpentine Firm; 883So. Sales, 267 barrels. Re ceipts, 407 barrels. Shipments, 686 barrols. Stock. 33,100 barrels. Rosin Firm. Sales, 31O0 pounds. Re ceipts. 21,000 pounds. Shipments, 7000 pounds. Stocks. 121, ooo pounds. ABC, $5.970.O5; D, $66'6.05; E, $6.026.05; F, $6.038.iO; G, $6.07; H, $6.12 6.13; I, $6.15: K, $6.46; M. $7; N, $7.60; WG, $8.26; WW, $S,55. Coffee and Sugar. NEW YORK, Nov. 7. Coffee futures closed steady at a net advance of 10 to 15 polnts-November 13.94c, December 13.90c, January 13.80c. February. 13.75c, March 14.08c, April 14.12c, May 14.15c. June 14.17c July 14.20c. August 14.21c, September and October 14.22c. Spot, quiet; Rio, 7s, 14c; Santos, 4s, 16c Mild, quiet; Cordova, 16 18c. Sugar Raw and refined, steady. Hope at New York. NEW YORK, Nov. 7. Hopa Steady. Dried Fruit at New York. NEW YORK, Nov. 7. Evaporated apples nominal. Prunes steady. Peaches steady. SPEED TO BE AIMED AT EL-ECTIOX IiEGISLATIOX BEING PIAXNED FOR OKEGOX. Proposal Is to Start Count When 50 Votes Are Cast and Continue It All Through Day. SALEM. Or., Nov. 7. (Special.) Legislation Is under consideration for the next Legislative Assembly which has for Its aim the early counting- or votes at elections in Oregon, attempt ing, as far as possible, to obviate the long wait which Is necessitated under the present system. While much of the difficulty lies in the long ballot, it is announced that the major portion of the election re turns probably could be received on the night of the election if a new system were to be established. Under the present system the elec tion boards do not start counting until after the polls are closed. Under the proposed plan they would start their count when the first BO . ballots have been cast in any booth and continue the count with every 50 succeeding bal lots. In this manner It is believed that practically all precincts would be counted within an hour or two after the polls were closed. It Is pointed out that In many of the country precincts the counting board is unprovided with any light but tal low candles and that a board counting In the daytime, starting fresh with the regular Judges and clerks could count three or four times faster than they can count under present handicaps. DRY FARMING SUCCEEDS Great Yields of Wieat and Potatoes Secured In Yonna Valley. KLAMATH FALLS. Or., November 7. (Special.) The Yonna Valley is a fertile stretch of land lying in the hills northeast from Klamath Falls, distant about 15 miles. It is a beautiful val ley about IS miles long and from five to seven miles wide. It was embraced in the original plans for the reclama tion of what was known as the upper project of the Reclamation Service, but has. not yet been watered. The farmers in that section have not been idle, however, waiting for water, but have done their best with dry farming methods. D. S. Tooker, one of the farmers, reports an average of 37 bushels per acre for a field of tur key red wheat, and it weighed 62 pounds to the measured bushel. Mr. Brooks, a homesteader In the hills near the valley, has a crop of potatoes on his land, the first year's planting, which promises 300 bushels per acre. Deep plowing and thorough prepara tion are given as the reasons for these great' yields. NEW MILLS FIND MARKET Prairie City and Vicinity Can Use All Lumber Turned' Out. PRAIRIE CITY, Or., Nov. 6. (Spe cial.) The new sawmill established here this Fall is doing a large business. The mill has been in operation only two weeks and. though it is not yet running at full capacity, is turning out about 15,000 feet of lumber daily. At present the plant is employing 10 men at good wages. The owners expect to run the mill to its full capacity of 20, 000 to 25.000 feet a day at an early date. The logs are supplied by the Sumpter Valley Railroad from a body of excep tionally fine yellow pine timber. A well-equipped planing mill Is also in operation. A large part of the out put of the two plants will find a home market in the building of the larger Prairie City and in needed farm build ings of the valley. WHEAT DOWN A HALF Market Affected by Receipts at Terminal Points. LATE BULGE WEARS OFF Light ArrlTals Expected ATter Jan uary 1, but Big Movement Looked' For Before Close of Navi gation on the Lakes. CHICAGO, Nov. 7. Belief that a big stock of Spring; wheat would be on hand here before the close of navigation had a bearish effect today on the market. .Assertions tnat after January 1 there would be a period 'of light receipts at pri mary terminals, helped bring about the one Important rally In the wheat pit. This bulge took place about midday, but the Influence had completely worn out before the last bell. Corn turned weak, owing to the line weather. Oats were a shade off. compared with yes terday. In provisions, the beet gain was in May pork. 10 cents even. The leading futures ranged as follows: . WHEAT. Open. High. Ixw. Close. Dec .8914 t .S9W .8 -8? May .95 .95 .94H .84 July .9i2 . . CORN. Dec. B0 .50 .BO .80 May 4'i .50 .49 .4 July SO .00!t .49 .49 OAT3. Dec 81 .31 .81 .31 May .33 83 .32 .32 Ji July 82 .32 3s .82 -32 MESS PORK." Jan 18.60 18.67 18.57 18.67 May 18.20 18.30 18.20 y 18.20 LARD. Nov 10.96 1C.90 10.82 10.85 Dec 10.70 10.7O 10.60 10.85 Jan. 10.80 10.6a 10.57 10.60 May 10.25 10.30 10.25 10.27 SHORT RIBS. Nov. 10.60 10.60 Jan 10.05 10.07 10.02 10.05 May 9.SO 9.80 9.80 9.82 Cash quotations were as follows: Flour Easier. Corn No. 2. 56S6c; do. white. 57 5Sc; do. .yellow, 575Sc; No. 1 old. B4 56c; new, n:c; No. X white, old, 5658c; new, 5353c; No. 3 yellow, old, 55 57c; new, 53c; No. 4, old, 63i&i55c; new, 60851c: No. 4, white, old. 644j5oc; new, S051c; No. 4 yellow, old, 51(j!56c; new, 52BIc Rye No. 3, 78c Barley Feed or mixing, 4B5Sc; fair to choice malting. 68 71c. Timothy seed 833.8S. Clover seed 1318. Pork Mess. $1.5017. Lard In tierces. $10. 85 10.95. Short ribs Loose. I10.25g-10.75. , Grain statistics: Total clearances of wheat and flour were equal to 742.000 bushels. Primary receipts were 1.669. 000 bushels, compared with 946.- 000 bushels the corresponding day a year ago. Estimated receipts for tomorrow: Wheat. 131 cars: corn. 179 cars: oats, 425 cars; hogs, 15,000 head. Grain In San Franrlsc. SAN FRANCISCO, Nov. T. Spot quota tions Walla Walla. 1.47: Red Russian. 1.471.50: Turkey Red. 1.55&1.5T: blue stem 1.S5HM.A0. Feed barley, 1.45I&1.47; brewing. 1.50L52. White oats. 1.48 Iffl.Bl. Bran. .24.5025. Middlings, 34 35. Shorts. 27.50 4f8. Call board sales: Barley, December 1.46 per cental; May. $1.47 per cental. Puget Bound Wheat Market. TACOMA. Nov. T. Wheat, bluest em. S2c: fortyfold, 80o: club and fife, 78ot Red Russian, 77c. Car receipts, wheat 44; barley 2; corn 2; oats 2; hay 9. SEATTLE, Nov. 7. Wheat Bluestem, 81 c; fortyfold. 79c; club. 78c; fife, 77c; Red Russian, 76c Minneapolis Grain Market. MINNEAPOLIS, Nov. 7. Close Wheat, December. 84, 84c; May, 90c. Cash, No. 1 hard. 86c; No. 1 Northern. 84'!4 Salic ; No. 2 Northern, 8284c Flour First patents, J4.2.'(i'4.f5; second patents, f 4.1(J 'ff4..S5; first clears, f 3.103.4O; second cleatw, $2.302.60. Flax, S1.40. Barley, 40 8 0 Sc. Duluth Wheat Market. DUIATTH, Nov. 7. Close Linseed on track, $1.42; to arrive. 11.42; November. 11.41 bid; December. 1.38 asked; January, $1.39 bid; May. $1.43 asked. "European Grain Markets. LIVERPOOL, Nov. 7. Wheat Spot steady. Futures steady. December, 7s 6d; March. 7s 6d: May, 7s 4d. English country markets easy; French country markets steady. Wool at St. "Louis. ST. LOIUS. Nov. 7. Wool, steady. Ter ritory and Western mediums 2125; line mediums, 18i32o: tine, 13017. MULTNOMAH SHOWS GAIN School Census Indicates Increase In Population of 88,991. SALEM, Or., Nov. 7. (Special.) The population of Multnomah County Is 265,205 as compared to 226,961 as shown in the Federal census of 1910, according to figures compiled by Labor Comrals sioner Hoff for use In his biennial report. These figures - are based on the at tendance, enrollment and census in the schools, and the Labor Commissioner states that this system of estimating population is one that seldom fails to any great extent. The school attendance in 1910 was 23,117.9 and, with the last report of the Superintendent of Schools, was 28,175.7. The enrollment of 1910 was 28.458 and according to the last report 33,488. The census In 1910 of the schools showed 39,634 and according to the last report it was 44.423. The increase In the population of Portland for the two years on this basis was 38,991. Loggers Ready tor Big Drive. WOODLAND, Wash., Nov. 7. (Spe cial.) A river log drive of large pro portions will be commenced In a few days by the Yale Logging Company who have finished cutting their hold ings about 35 miles above Woodland. One crew left today for the head, where they will commence driving with a floating donkey, nd another crew Taxpayers appreciate the fact that bitu lithic paving is the result of scientific tests that it is made to withstand . w-e-a-r The Bank of Personal Service "We do not overlook the fact that the interests of the bank and those of the people are closely bonnd together. They cannot by any means be separated. A new customer quickly observes and appreciates tha character of the service he receves at this bank. Our Savings Department pays 4 per cent interest. Merchants National Bank Founded 1886. LADD STILTON BANK Established 1859. Capital' Stock 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. W. M. Ladd, President. ?,5rIt JI,W Awt Cashtaa Edward Cookingham, Vice-Pres. J. W. Ladd, .Asst. Cashier. W. H. Dunckley. Cashier. Walter M. Cook, Asst. Caahler. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha . Rocky Mountains Nov. 8th and 22d. DecfTth SndOth. for Massett and Nad en Harbor. at 10 P. M Nov. 10th' and 24th. Dec 8th and 22d for Refuge Bay. Skldfeate, Cumshewa. Pacofl, Lockport, Jedway and lkeda, B. C. GRAND TRUNK PACIFIC RAILWAY Passenger trains leave Prince Rupert Wednesday and Saturday at 10 A. M. for South Haielton. B. C. (185 miles). Returning, leave p'"'' n Hazelton Sunday and Thursday at 10 A. M., arriving Prince Rupert at & I. M. GRAND TRUNK RAILWAY SYSTEM (Donble-Traek Route.) Chicago to New York and other Atlantio" seaports. Through PULLMAN STANDARD and TOURIST sleeping cars. DORSET B. SMITH, C. P. A. J. H. BURGH General Ajent. Phone Marsh.il 1979. ' Ueoartnient. City Office. 09 Fifth Street, Portland, Oreaon. AGENTS FOR ALL TRANS-ATLAXTIC STEAMSHIP USES. is here getting the donkey now at this place ready to be taken about 20 miles up river where they will begin work. There are a large number of logs be longing? to them in the river. J.C.WILSON&CO. STOCKS, BONDS. GRAIN AND UitSVOS MEMBERS NEW YORK. STOCK EXCHANGE. NEW YORK COTTON EXCHANGE, CHICAGO BOARD OF TRADE, THE STOCK AND BOND EXCHANGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120, A 4187. TRAVELERS' OCIDE. STEAMERS "Hassalo" and "Harvest Queen" Leave Portland IOiSO P. M, except Sat urdays. Arrive Astoria 8:30 A. M except Sun days. Layover Sundays Portland. Leave Astoria 10 A. M., except Sundays. Arrive Portland P. M, except Sun .1 - . - "Hassalo" will connect with steamer "Nahcotta" at Astoria for all points to and from North Beacn. "Hassalo" will stop for passengers, on hail only, as follows: Down trips at St. Helens, Kalama, Rainier, Stella, Cathlamet and Ska. mokawa. T- trir nt Altnnna. Pillar Rock. B r o o k f i e Id, Skamowawa, Cathlamet, Eureka. Oak Point, Stella, Ladu, Rainier, Kalama ana St. neiens. STRtHKR "HARVEST ttl'EES." Leave Portland 8 P. M. Saturday 10i30 P. M. Arrive Astoria 5 A. M except Mon days. Layover Sundays Astoria. Leave Astoria 7 A. M except Sunday. Arrive Portland 5 P. M except Sunday, "Hurvpst Queen' will handle U. S. mail and do all of the way business. Make reservations. Ash-St. dock or city ticket ornce. rnirq ana wasn. cis. AUSTRALIA 19 DAYS VIA HONOLULU AND SAMOA tmk nsuurntsT and most comfohtasuc sours SPLENDID TWIM SCREW 10. 000-ton steamers "SIERRA." "SONOMA" sod -VENTURA." wr- BMBCITinH I Dl TAeilRP tin nther trip compares with this in SUMMER or WINTER. STEVENSON said of Hamoa: ".no part us mug exerts tbs same attractive power upos the Tmtor. J110 HONOLULU KouNDral? SYDNEY $300 ROUND THE WORLD $600 1st eabis; $375 2d'abiil, via Ceyioo. Egypt. Itsly. etc Liberal stopovers. ... ' , . . nn IT C in tW 9 t. Sailings every two weess: vrcfc. zt, no. o. " "- Write or wire NOW for berths. Send for older. OCEANIC STEAM SHIR CO, 173 Market St, Su Franci.es COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock, Portland, at S A. M., October 80, and thereafter every Tuesday evening- at 8 P. M Frelirht received dally except Tuesdays up to 5 P. M.; Tuesdays up to a P. M. Passenger fare first class, $10; second class, S7, including berth and meals. Ticket of tics st Alns worth Dock. The Portland Coos Bay 8S line. H. J. Molir. Agent. LOS ANGELES AND SAW DIEGO STEAMSHIPS YALE! AND 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 IS miles per hour; cost $2,000,000 each. tAX FRANCISCO, PORTLAND A L. A. S. S. CO Mais S28. frank. Bollans, A scat. A 128 Third Street. UNDER GOVERNMENT SERVICE "Washington and Fourth streets. CANADA S.S. PRINCE RUPERT leaves Seattle Wash., Sund-ay at 12 o'clock, midnight, for Victoria, Vancouver and Prince Rupert, , C S. S. PRINCE JOHN leaves Prince Rupert Wednesday at 11 A. M Nov lOtK Dec. 4th and 18th for Granby Bay. Klnjolith. Pt. S mp- TRAVF.LKKS CTJ1DE. AKER1CA.1I In the World Largest S. S. Co. l,ti o.ooo TONS Atlantic Service London, Paris, Hamburg ftPretorla Nov. 16, 11 A. M. Pres. Lincoln Nov. 1, 2 r. m. Am.rlia NOV. ZS. IV. A. AL. IFATtUCIA Nov. SO, 2 P. M. Hamburg direct, second cabin only. MEDITERRANEAN Madeira. Gibraltar, Algiers, Kaplea and Cienoa. 8. S. CINCINNATI, Deo. S, 11 A-M. (17,000 tons.) B. S. HAMBI K4J. . Jan. 11, 11 A. M. (ll.OvO tona) 8. 8. CINCINNATI. Orient cruise.. Jan. 28. 10 A. M. B. S. HAMBURG Feb. 22. 10 A. M. Will not call at Algiers. CRUISES TO THE Panama Canal AND THE West Indies FROM New Orleans BY THE S. S. KRONPRINZESSIN CECILE (9000 TONfl) Leaving Jan. 23 Feb. 10 The Ideal Route for Tourist from Western State. , 16 DAYS$125andup Also Cruises to the Orient, Around tbs World, Italy, Egypt, etc Write for booklet stating cruise. Hamburg-American Line 160 Powell St.. San Francisco. Cal:. O.-W. BAN. Co., Nor. Pacific, D A R. Q. K. K.r Burlington Koute, Milwaukee ac Pusjet Sound R- R.. Great Northern Railway Co., Dorsey H. Smlin. ou j? urn sr., -or(- lana, Oregon. Copyright 1912. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Everx Wednesday Alternately al NORTH PAPLFIO S. S. CO. 122 A Third St. Phone Main 1314. A 1311. EXPRESS STEAMERS FOR Sam Francises) and Loa Angeles WITHOUT CHANGE. 8. S. Bear sails 4 P. M., November 1. THE SAN FRANCISCO t PORTLAND 6. a. CO., Ticket Office 13 Third btreei. Phone Main 11005, A 25&1. NEW YORK -PORTLAND REGULAR FREIGHT SERVICE. Low Rates. Schedule Time. AME8ICAN-HAWAHAN S. S. CO, 213 Railway Exchange Bids- Main 837 S. . S922, i