21
xttti MORNING OREGONIAN, THURSDAY, NOVEMBER 21,
EXPEGTLQWERVOOL
Eastern Buyers Think Tariff
Change Will Affect Market.
MAY DELAY CONTRACTING
Dealers Want the Matter Settled So
Thejr Will Know What to Pay,
Matter of Great Interest to the
Flockmasters of Oregon.
Political conditions will play an Impor
tant part in the Oregon wool market next
Spring. Expecting a change In the tariff.
the dealers are already figuring on buying
the new clip on a lower basis. The re
markable cleanup of old stocks cuts no fig
nre In the situation. according to their
iews. Whether or not these things will
happen. It is likely the market before
shearing time will not be active. Buyers
w ill not be disposed to enter Into contracts
until they know what Congress will do with
the "tariff.
Commenting on the new clip outlook, the
Boston Transcript says:
"Naturally the political situation, parties
larly the likelihood of a special session of
Congress being called immediately after
the Inauguration of the new Administra
tion. March , attracts considerable atten
tlnn. As the stocks of old wools in this
market - diminish, dealers are paying more
attention to the possibility of buying the
clip of 201.1 on a reasonable basis. In view
of the tariff oatlook, the prices must be
considerably lower than those of last year.
80 the wool trade feels that, as some
change in the tariff appears to be assured,
the sooner the extent of the changes is
known the better It will be for their In
trrests. "While some faith is placed In the
good intentions of the President-elect, less
confidence is felt in the radical Democratic
leaders, who appear to be In full control In
the House.
"Leading factors, therefore, feel that It
would be of advantage if the tariff question
should be considered at a special session
called for that purpose. One advantage
would be the aid It would afford In getting
primary markets adjusted to the changed
conditions. The buying of the domestic
wool clip on the right basis Is a matter of
tremendous importance to Boston's trade.
Owing to the uncertainty, there Is likely to
be less contracting of the new-clip wool
than for a number of years.'
IULLNKSS IN ATX GRAIN LINES
Wheat Offerings Nominal and Price l'n
rhanged Oats fold at fie.
The local wheat market yetserday was
decidedly inactive. Offerings were nominal
and there appeared to be no disposition on
the part of buyers to operate. Former prices
wrre quoted.
Trading in the feed grains was also dull.
O.its were purchased at t'M and more were
offnred t that price. No business was re,
ported in the barley market.
There wis a good demand for patent
flour, particularly from out-of-town points.
The mill feed market Is very firm.
Local receipts. In cars, were reported by
the Merchants Exchange as follows:
Wheat Barley Flour Oats' Hay
Monday pa.
Tuesday 40
Wednesday ..A 71
"V"ar ago .....
Feason to dat.K,ft?
Year ago ii6
24
4
9
1029
14
.1
4
R
94
1145
11
12
2
3
12
14
SIPS
1413
rriEESK
Loral
PRICES HALF CENT HIGHER
Stocks ' Running Low and Steamers
Are Detained at Tillamook.
Tillamook ch,ese prices were advanced
half a cent ail ground yesterday. Triplets
are now quoted at 194 cents, daisies at
1?i cents and Toung Americes at 21 cents.
- There are practically no supplies on the lo
cal market and none will be received this
wek. as both of the steamers are again
barbound at Tillamook. Shipments lately
nrougni nere nave been sold as fast as re
ceived. No relief from the shortage is ex-
peciea During the remainder of th season.
As the Eastern markets are high, the local
market can be counted on to maintain
firm position from now on. v
i nere naa been no change in the butter
situation. The make cleans up fairly well
ana me market is quoted steady.
BANANA CONSUMPTION AGAIN NORMAL
Market Improves After a Period of Inactiv
ity btcI Oranges Sell Well.
There has been considerable Improvement
in the banana trade in the past few days.
curing a good part of the season the de
mand has been slack, owing to the abun
unce or necmuous rrult. out consumption
j again attaining Its normal proportions.
""i oranges are selling well. The first
shipments have been cleaned up. Another
car is due today.
APmes are going out in a fair way. but
tne rail is mainly for fruit at 75 cents to 81,
Pears are steady, with supplies moderate!
The demand for cranberries shows a sea.
sonabie increase.
Among the vegetable receipts yetserday
was a car of celery. Truck prices In gen
eral were uni n Amrfl.-
RECEIPTS OF TVKKEY8 INCREASING
Buyers Are Taking Hold in a Small Way.
i ntckens w eaker.
iteceipis or dressed turkeys were fairly
large yesterday. The demand was not ac
tive, aa it is too late to ship to Alaska and
too early for iiie local holiday trade. Strict
ly cholc-j turkeys were held at 25 cents and
buyers offered 2S and 24 cents for others.
intricens came in freely and the market
wakened. The best hens and Sprints
Drought 121, cents, but retailers bid 1
cents for the bulk of the supply and some
talked 11H cents.
In the dressed meat market the situation
is improving. Fancy light hogs sold at lOH
ifnis and heavier hogs at 10 cents. Veal
was firm at 13 cents for the best.
ne egg market was unchanged. Strictly
iresu locals were in demand at firm prices.
Sales of Western Wool.
Among the sales of Western wool at Bos
ton in tne past week were 100.000 pounds
Jiontana nair-Diood clothing wools at 24
cms. 1U0.OO0 pounds line staple Montana at
cents, iim.,000 pounds of fine and medium
ftah at 20 cents. .Vi.000 pounds of half
Mood Wyoming at 23 cents. 125.000 pounds
of three-eighths-blood Wyoming at 25 cents,
JO0.00O pounds of half-blood Wyoming at 25
c-nta. 25O.00O pounds fine and fine medium
Wyoming at 10 cents, the scoured cost be
ing estimated at to 3 cents, and 100
bags of Soda Springs quarter-blood at 26
cents. -
S4: navels a-? Xrtr California grape
fruit. 14 715. trinrlrii OTaDefruit. $4.30
lemons. IK ner box: pineapples. 8c
per pound: oomearanates. 82 per box
persimmons, $1.75 per box.
OVlftVS r,rmmn QOrtfill ner SaCK.
POTATOES Jobbing prices: Burbanks,
65S75c per hundred; sweet potatoes, 1
ner DnnnH
VEGETABLES Reans. 12c: cabbage. 1
per pound: cauliflower. 44)ce$1.25 per
dosen: eelerv. S3.K0 ner crate: cucum
bare, S0&6OC per dosen: eggplant, 10c per
pouna: neaa lettuce. j iter
peppers. 8fi8c ner pound; radishes. 15820c
per doxen; sprouts. 8c; tomatoes, $1.2o
per box; garlic, 5So per pound; pump-
Kins, io per pounq.
Dairy and Country Prod lire.
EGGS Fresh locals, candled, 40842 W
per dosen; Eastern. 2732c.
OTJVP.eP TrlnlAta 1QUi nmmd? dalS
les. Younr Americas. 21c ner pound.
RIITTER Orea-on creamery butter, cubes.
35Ho per pound: prints. 3614 S7c per pound.
rvv.H. francy. loiuic per pouna.
V P 1 1 V n - 1 i 1 ir nr nound.
POULTRY Hens. ' 1212c: broilers. 12
(ilauc: turkevs. live. JS&20C: dressed
choice, 24$25c; ducks, 12 13c; geese, 12 'Ac.
Staple Groceries,
SALMON Columbia River, one-pound
talis. $2.25 per dozen; half-pound flats.
XI -14): nnnnnnil flats. "-ir: Alaska Tink,
one-pound talis, 85c; sllversldes, one-pound
tails. $1.25.
COFFEE Roasted. In drums, 24 Mc
per pound.
HONEY Choice. $3.2593.75 per case.
NUTS Walnuts lfle Der nound: Bra
zil nuts. 12V4rl5c: filberts. 14S15c; al
monds. lAc: naanuts. fil3)64c: CO
coanuts. !Wc81.00 per dozen: chestnuts, 11c
per pound; hickory nuts, 6J10c; pecans.
17c: pine. 17 Ha 20c.
BEANS Small white, 5.40c; large white.
4 o 5c; Lima, 614c; pink, 4.70c; Mexicans, do
bavou. 4.65c.
SUGAR Fruit and berry $5.75; Honolulu
plantation- $5.70: beet. $5.55: extra C. $5.25
powdered, barrels, $6; cube, barrels, $6.15.
SALT Granulated, $15 per ton; ban-
ground 100s. $7.50 per ton: 50s. $8 per ton.
RICE No. 1 Japan, 5854c; cheaper
grades, c; Southern head, 66c.
DRIED FRUITS Apples, 10c per pound
nnricats. 1214c: neaches. 8311c: prunes,
Italians. 810c; silver, 18c; figs, white and
black, 6VTc; currants. 14c; raislna, loose
Muscatel. 614Tttc: bleached, Thompson,
11 "c, unbleached Sultanas, 8ttc; seeded, TVi
8Hc; dates. Persian, 8ft c per pound; fard.
$1.65 per box." '
FIGS Twelve 10-ounce. 85c; 60 6-ounce,
$1.85; 70 4-ounce, $2.25: 30 10-ounce, $2.25;
loose, 50-pound boxes, H7c; Smyrna,
boxes, $1.1001.25; candled. 1618c
Provisions.
HAMS All sizes, 1911914c; picnics, 13c;
skUiced. liVic: boiled. 27c.
BACON Fancy. 27fe2Sc; choice. 2023c
LARD Tierce basis, choice, 15c; com
pound. oic.
DRY SALT MEATS Regular snort Clears,
J815c- short clear backs. 12 to 16 lbs..
13 H 9 15c; short clear packs, 18 to 25 IDs.
18&15c: exDOres. 14c: plates. 10 11c.
BARRELED BEEF Extra mess beef. $14;
mess beef. $13; extra plate beef, $17.50; plate
beet. sit.du; rolled boneless Deer, saw.
BARRELED PORK Best pig porg, 1-3
brisket pickled pork, $23.
Hops, Wool and Hide.
HOPS 1912 crop, prime and choice, 15
lec per pound.
MuHAiR Choice. 32c per pound.
PELTS Dry, 13 Vic; salted lambs, 6090c;
salted pelts, short wool, e0c381.00.
WOOL Eastern Oregon, 14 or 18a per
pound, according to shrinage; valley, 21 H
tr22yc per pound.
HIDES Salted hides, 13iail3Uc per lb.
salted calf. 10c; salted kip, 1314c; reen
hides. 12c; dry hides, 21 22c; xiry calf, No.
L 25c; No. 2, 20c; green stags, 6H 4j 7c.
CA3CARA Per pound, 4 4 34 c: car lots.
4&Sc
Unseed Oil and Turpentine.
barrels. 63c; raw. case's, H6c: boiled, cases'
68c.
TURPLNTINE Barrels. 4!Wc; cases, 62c
GOOD GENERAL DEH
AIL CLASSKS OF LIVESTOCK ARE
HOLDING STEADY.
t Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows;
. Clearings. Balances.
Portland $2,024.H1 ,177.75
f"-attle 2.u:3.n::i.. si:i.2il
''""" S3.174
bpokane eul.44
3.9M5
141.2112
PORTLAND MARKETS.
Grain, Flour, Feed. Etc. I
WHEAT Track prices: Club, 77c: blue
stem. Slj2c; 40-fold, Tc; red Russian. 75c;
valley. 7ii
FLOUR Patents. $4.30 Vr barrel -strslg'.its.
$3.90; exports. $3.00obi3.70: Val
1' .v. $4.30; graham. $4.20; whole wheat,
$4.40.
'OP.N Whole. $.;: cracked. $37 per ton.
MILLSTl'FFS Bran. $22.50 per ton;
shorts. $2.-1: mlddliups. $30.
BARLEY Feed. 24.5o per ton; brewing,
ncmlnnl; rolled, $27ii2i per ton.
OATS No. 1 white $26 per ton.
HAY Timothy, choice, t18.50M7; osl
and etrh. $12; alfalfa. $12: clover, $10:
Etraw, $i;i 7.
Vegetable and Fruits.
FRESH FRUITS Apples. S0QS1.50 per
'"it; pears, 75c$1.50 per box: grapes,
I 10Hl.lt per box; cranberries. $11 50 per
barrel: casabas. "Sea 11 60 per dosen.
TROPICAL FRi-ilS oranges, Valencia,
Steers Sell T7p to $7.15 and Best
Hogg Bring $8 -Day's Run
"Is Fair.
There was a good general demand for all
classes of livestock at the yards yesterday,
and prices were steady throughout the list.
The supply showed an Improvement over
that of the preceding day.
Three loads of choice steers were sold at
$7.15. and one load of fair steers at $8.40.
Cows brought $5.75 and $6.
Of the five cars of hogs disposed of, one
went at the top quotation of $S, while three
brought $7.95 and $7.85. The heavy hogs
on the market were taken at $7 and $7.25.
The principal transaction In the sheep
market was the sale of a load of good ewes
at $4. A smaller bunch of sheep went at
$4.26.
Receipts were 140 cattle, 16 calves, 638
hogs and 1750 sheep.
Shippers were T. H. Hooker. Roosevelt.
Wash., 1 car of hogs; a. a. Dove, Roosevelt,
1 car of hogs; M. M. Hoctor, Centerville, I
ear of hogs; M. McCrow. Goldendale, 1 car
of hogs; A. R. Bohoskey. Hamilton. Mont..
3 car" of sheep; L. E. West, Corvallis. g
cars of cattle, sheep and hngs; C. H. Farmer,
Dairy. 1 car of sheep and hogs; A. B. Gale,
Independence, 1 car of sheep; Hugh Cum
mlngs. Corvallis. 1 car of hogs; Pomeroy
Meat & Livestock Association, Pomeroy,
Wash.. 2 cars of sheep; a. L. Demaris. Low
den. Wash., 2 cars of cattle and calves, and
G. Mays, Fargher, 3 cars of cattle.
The day's sales were as follows:
Weight. Price.
26 steers, nos
26 steers 1230
26 steers 11 OS
26 steers 112
11 cows 1178
2 cows li;io
1 bull lii)
40 sheep 1:!0
248 ewes !ti
3 hogs 266
3 hogs 46
3 hogs 320
84 hogs 204
1 hog 4 TO
01 h.ies 206
2 hogs 172
84 hogs 163
2 hogs t 3ti"
5 hogs 1!10
40 hogs 14!
1 hog 320
7 hogs 160
' The range of prices at the yards was as
follows:
Choice steers
Good steers . . . . .
Medium steers ....
Choice cows ......
Good cows .......
Medium cows ....
Choice calves
Good h.eavy calves
Bulls
Stags
Hogs
Light Heavy
Sheep
Yearlings
$7.15
7.15
7.15
6.40
6."0
5.75
5.00
4.25
4.00
7.25
7.00
7.00
7.00
7.00
7.95
7.85
7.85
7.00
8.00
7.75
7.25
7.
.$7.00 $7.25
. 6.5019 8.85
. (.00 9 $-25
. (LOOH $.35
. h.iOli 5.75
. 4.54i 5.25
. 7 60 3.55
. $.00 7.00
. $.00 0 E.OO
. 5.00 a $.00
. 7.83 8.00
. 8.75 7.25
4.25'f
STOCK TRADE WAITS
Watching Developments
Home and Abroad.'
PRICE CHANGES NARROW
Early Pressure Is Relaxed at the
Close and Small Recoveries Are
General New Financing An
nounced Bonds Lower.
NEW YORK. Nov. 20. A further dis
position to await the outcome of events at
home and abroad was manifested by today'
stock market. Trading for the greater part
of the session was of the familiar profes
sional character and movements were nar
row.
The tendency was mildly reactionary in
the early hours, with persistent heaviness
in United States Steel. Reading and a few
other speculative favorites.' In the final
hour, pressure relaxed slightly and
coverles to or slightly above yesterday
closing were recorded, despite a sudden
advance in call money to 6 per cent.
Some important financing was announced.
The New York, New Haven Hartford
sold $40,000,000 one-year notes to a bank
Ins syndicate, a considerable part of which,
it is understood, will be used for refund
lng purposes. Directors of the Vanderbilt
lines authorized the Issuance of $24,000,000
equipment notes, a large share to be ap
plied to payment of construction material
and rolling stock. The one Important rail
way return for October was that of the
Baltimore A Ohio road, showing a net
gain of $415,000.
Bonds followed the course of stocks,
shading a trifle in some of the more im
portant Issues. Total sales, par value, $1,
600,000. United States Government bonds
were unchanged on calL '
CLOSING STOCK QUOTATIONS.
Reported bv J. C. - Wilson A Co.. Lewis
uuiiaing, x'oriiana.
Ama! Copper . .
Am Buet Sugar
American Can .
ao preferred. .
Am Car & Fdy.
Am cotton Oil..
Am Smel & Ref
do preferred. .
American Sugar
do preferred..
Am Tel & Tel. .
Am Tobacco pf.
Anaconda
Atl Coast Lino..
ATA Santa Fe
do preferred.. .
Bait ec Ohio ...
Brook R Tran..
Canadian Pac . .
C & O
G W
C X W
C. M & St P
Central Leather.
Chlno
Col Fuel & Iron
Col Southern . .. .
Consol Gas
D L W
D & R Grande..
Distilling Secur
Erie r .
Gen Electric . . . .
Gt North Ore . .
Gt North pf
Illinois central.
Interbor Mt-t . ..
do preferred. .
Inter Harvester.
K C Southern . .
Lehfgh Valley.-.
Louis A Nash . .
Mexican Central
M. S P & S BM
Mo, Kan Tex
io marine
National Lead .
National Biscuit
N Y Central...
N Y. Ont & Wes .
Norfolk a West
North America..-
Northern Pao . -Pacillc
Mall . ..."
Pacific T & T. . .
do preferred.. .
Pennsylvania ...
People s Gas
Reading ,
KrpuDllc S A I..
Rock Island o.
Southern Pac ..
Southern Ry ..
Texas Oil
Union Pacific . .
do preferred. .
United Rds S F
U S Steel
do preferred..
Utah Copper . . .
Wabash
V estern Union..
Westing Elec . .
Wisconsin Cen
Sales.
8,6110
600
1,600
2l0
6M
5,400
1,100
200
IM
200
5O0
400
1,400
700
1.600
"406
3,1110
2,000
l.SOO
200
3110
4,200
l.lOO
2,b')0
30O
High.
S3
54
41
122
SD3,
00
7
106
120
120
142
270
43
188
107
106
90
267
81
' 18
138
113
28
48
Closing
84
64
40
122
59
57
70
106
120
120
142
26S
43
137
107
106
8
265
80
1
138
314
28
47
1.400 142 141
200
ouO
1,000
8V
8.000
1IX
3.600
3.800
800
200
2.00O
40
2I
100
200
8,100
.too
300
S00
21
27
34
"46
188
128
20
66
120
28
174
146
27
10
27
43
0
1K2
114
21
26
4
4' '
137
128
19
65
120
27
174
145
27
140
27
42
M
182
114
300 115 116
2,500
200
80O
1.400
49,300
3.WI0
I.700
2,800
3.000
400
21,400
800
V2I0OO
8O0
2,000
500
124
34
123
115
171
27
23
111
29
121
172
128
34
128
115
170
26
25
110
29
120
171
91 91
74
111
8.
73
in
63
4
100 52 62
Total sales for the day. 807,400 shares.
BONDS.
Reported by Overbeck A Cooke Co.
84
64
41
122
69
58
79
106
120
120
142
209
43
138
107
101
106
90
268 V,
80
18
138
114
28
47
do
37
142
640
21
26
34
182
46
137
128
1
6.
119
27
174
145
27
140
27
42
59
132
114
34
115
83
124
34
4tf
100
123
115
171
27
25
111
2!
121
172
36
74 Vi
111
63
4
78
2
02
5.00
Wethers 3.60$ 4.75
Ewes 3 00S 4.35
Lambs 4.000 &.S5
Omaha Livestock Market.
SOUTH OMAHA. Neb., Nov. 20. Cattle
Receipts. 3100; market, steadv. Native
steers. S6.23g-10.25; native cows and heifers.
$3.75-7: Western steers. $5.50&8.20; Texas
steers. $4,5046.30; Texas cows and heifers,
$3.5ott6.50; canners. $34.25; stockers and
feeders. $4. 1 jti i.oo: calves. $&9: bulla
stag, -etc., $4.23 fl-
noes Keceipts. J0.2UU: marKet. steadv to
5c higher. Heavy. $7.707.85; mixed. $7.70
7.7i; light, $7.657.80; pigs, $6.25&7.50;
bulk of sales, 7.70'S-7.8O.
Shep Receipts. 12.0O0: market, eteadv.
Feeders, strong. Fed muttons, $4.755.40;
welherk. $3.7594.50; ewes, $3.50fe'4.1U;
lambs. $6.509 7.40.
Chicago Livestock Market.
CHICAGO. NOV. 20. Cattle Rece.nts. 27..
000: market, steady to 10c lower. Beeves.
$5.25 10.60: Texas steers $4.3094.60- West
ern steers. $5.40 9.10: stockers and feeders.
$4. 10 & 7.25: cows and heifers, $2.7o7-35;
caivea. $M.aoro. iu.zj.
Hogs Receipts. 32.000; market, steady.
Light. f7.40t.sT.Bo: mixed. f7.40fj,7.90; heavy
ii.49 7.f2Vi ; rougn. S1.4u -11.w1; pigs. xo
7.30: bulk of salea, f7.70j7.85.
theep Receipts. 45.000; market, steady
to shade lower. Native, $;!.4l"o 4.50: West
ern. t3.70fc 4.50: yearlings, $4.75 5.90; na
tive lambs4 $5.5087.65; Western lambs, $5.65
New- York Cotton Market.
NEW YORK. Nor. 20. Cotton Snot
closed steadv. Middling uplands. 12.40c;
middling gult. 12.,c ,a!es. 200 bales. v
rutures c-iosea sieaay. 1 10 points low
: November 11.93c. December 12.05c, Jan
uary 12.12c. February l2.1oc, March. May
and June 12.22c. July 12.21c. August 12.10c,
September 11.78c, October 11.37c.
NEW ORLEANS. Nov. 20. Spot cotton
quiot, unchanged. Middling 12 3-16C.
Bid.
Amer Tel e Tel conv 4s 112
American Tobacco 4s.... P5
American Tobacco 6s. ......... .120
Atchison Gen 4s 07
Atchison conv 4s... 7.. a 107
Atchison adi 4s stamped 87,
Atchison conv 5s 107
Atlantic Coast L "NiLcoH" 4s. 91
Baltimore & Ohio 3Va 91
Baltl-nore & Ohio 4s 97 'm
Brooklyn Rapid Transit 4s 01
Canadian southern first 5s 100
it O llii 90
B Q gen mtg 4s 04 ti
C B & Q Joint 4 05
B Q Ills 4s I73
B Ci Denver 4s 4V4
Cent Pacific first 4s 95
Chicago & East Ills 4s 77
Chicago R I & P ref 4s
Chicago It I & P Col trust 4s. . 77
olo t Sou first 4s 02
Denver & Rio Grande 4s 85
Delaware & Hudson conv 4s. 97
Erie first cens P L 4 8
nt Met 4s 80
Japanese 4s 82
Japanese first 4a 97
apanese second 4s 90
& N un: 4n 7
Mo Kans A Tex 4 Vis 86
Mu Pac 4s 71 14
N Y Central 3s 8
N Y Central L S 316s. 78
N Y Central 4 rer cent 91
N'Y City 4s of 1937 ..105
Norfolk & W eatern 4s 07
Norfolk & Western conv 4s..... 11.1
N Y Ontar'o .4 West 4s 112
Northern Pacific P L 4s 98
Northern pacific 3s 68
Oregon Short Line 4s. :.. 91
Oregon Hy & Nav 4s 93
p.-nna Ry 43 or lais 102
Reading gon 4s 90
Repub!ic of Cuba 5s .-102
Sou Pic first ref 4s 93
ou Pac col 4s 89
Southern Railway 4s 7S
St Li S F ret -is 7
Union Pac first 4s
Union Pac conv 4s..... 102
Union Pac- ref 4s 95
United States Steel S F 6s 101
United states 2s registered.. . . .101
United States 2s coupon ....... .101
United States 3s registered 102
United States 3h coupon 102
United States 4s registered 118
United Stale 4s coupon 113
United Railways S F 4s....
Wabash first 4s
Western Union 4s
WestinKhouse conv 6s......
Western Pacific 6s
Wis-.-onsin Central 4s
West Shore 4s. .
66
7
95
93
83
12
98 .
Asked.
112
97
10s
88
108
92 V
81 97
1)1
100
99
95
95
OH
95
95
ii
77
98
97
87
81
85
i2
97
72-
87
79
92
105
97
116
92
8
68
93
JO.!
96
102
114
ao
78
77
99
102
93
102
101
A U-1 .
103
114
114
66
68 H
95
95
84
92
98
Stock at Boston.
BOSTON. Nov. 19. Closing quotations:
Allouz 41!Mohawk 64
Amal Copper... 84;Nev Consolidated 22
Am 7. L A S... 30 ,Nlplssing Mines. 8
Aria Commercial 4 North Butte..... 36
BCCSM. 5 North Lake .1
Cat A Arizona.. 79 jOld Dominion... 68
Cal & Heela. . . .5S5 JOpceola 110
Centtnnlal 19 Quincy 87
Cop Range C Co 57 IShannon 14
East Butte C M. 15 (Superior 43
Franklin 9: Sup & Boat Mln. 2
Glroux Consol... 4, Tamarack ...... 41
Grarby Consol.. 74 U 8 S R & M. .. 45
Greene Cananea. 9 do preferred... 60
Isle Roy (Cop.) 85'tfah Consol 1354
Kerr Lake.A... 21 I Utah Copper Co. 63
Lake Copper.... 81 Winona 4
La Salle Copper. 6 Wolverine 74
Miami Copper.. 28
Money Exchange, Ktc.
NEW YORK. Nov. 20. Money on call,
ftrm. 5 fc6 per cent; ruling rate. 6 per
cent; closing bid, 5 per cent; offered at
6 per cent. '
Time loans, easier; 60 days. 6 per cent;
"0 days. 5 per cent; six months, 6 5
per cenL
Close: Prime mercantile paper, 6 percent.
Sterling exchange heavy, with actual busi
ness In bankers' bills at J4.8070 tor 60-day
bills and at $4.S4S5 for demand.
Commercial bills, $4.80.
Bar silver. 62c.
Mexican dollars, 4Sc
Government bonds, steady; railroad bonds,
easier.
TX V F0 V, Nov. 20. Bar sliver, steady.
29d per ounce; money, 83 per cent;
rate of discount for short bills, 4 4 15-16
per cent; do, three montns puis, s-t 14-10
4 Jier cent.
SAN FRANCISCO. Nov. 20. Silver bars.
62; Mexican dollars, nominal; drafts,
sight, par; do. telegraph, 02.
Sterling on London, 60 days, $4.80; do.
sight, $4.84.
Condition of the Treasury.
WASHINGTON, Nov. 20. The condition
of the United States Treasury at the begin
ning of business todav was:
Workins- balances $ 90.158,581
In banks and Philippine treasury 31,935,936
total 01 general fund i-tt,uii,no
Receipts yesterday 1,995,246
Disbursements 1,033,301
Deficit this fiscal year, $3,684,639, against
a deficit of $23,026,873 last year.
The figures for receipts, disbursements and
deficit exclude Panama Canal and public
debt transactions
SAN FRANCISCO PRODUCE MARKET
Price Quoted at the Bay City for Vege
tables, Fruit, Etc.
SAN FRANCISCO, Nov. 20. The follow
ing produce prices were current here today:
Fruit Apple, choice, 60c; common, 40c;
Mexican limes, $4.503 3; California lemons,
choice, $5; common. $2; navel oranges, $3
$.50: pineapples, $1.5002.60.
Cheese Young America, 1718c
Butter -Fancy creamery, 33 c
Eggs Store, 39c; fancy ranch, 47c
Hit Wheat 123.IUX3 24: wheat and oats.
$21 22.50; alfalfa, $11.50 14; barley, $18
19.
Potatoes Oreann Burbanks. 70c?$1.10;
Salinas Burbanks, fl.851.45; sweets, $1.50
1.60.
Vegetables Cucumbers, 60cfl.25; garlic,
2$ 3c; green peas, 8S8c; string beans, 48c;
tomatoes. 65c$l; eggplant, 46o; onions,
25 45c.
Receipt Flour, 6004 quarter sacks; bar
ley, 7275 centals; oats, 1536 centals; pota
toes, 7605 sacks; middlings, 300 sacks; hay,
395 tons; wool, 80 bales.
Metal Markets.
NEW YORK, Nov. 20. Copper firm.
Standard spot, 17.20o bid; November, De
cember, 17.25 17.50c; January. 17.20
17.45c; January. 17.20 17.45c; electrolytic
and lake, 17.6217.87c; easting, 17,25
17.87c
-Tin weak. Spot to January,, 48.40 49.70c
Lead quiet at 4.55c bid.
Spelter steady at 7.40 7.60c.
Antimony steady. Cookson's 10.50c
Iron steady and unchanged. '
Copper arrivals 1260 tons. Export this
month, 8657 tons. London copper quiet. Spot,
78; futures, 78 los. Local exchange sales
tin 25 tons. London tin easy. Spot. 226 5s;
futures, 226 10s London lead, 18 2s 6d.
London spelter, 26 10s. Iron, Cleveland
warrants, 68s in London.
Coffee and Sugar.
NEW YORK. Nov. 20. Coffee closed
steady at a net decline of 6 to 10 points. No
vember and December 13.55, January and
February 13.60, March 13.78, April 13.85.
May 13.80, Junee 13.94, July 13.96. August
13.99. September 14.01, October 14.00.
Spot barley steady; Rio. 7s, c: eantos,
4a 16c. Mild quiet. Cordova, 1618c
Raw sugar steady. Aiuscovaao, .e icsi,
3.55c; centrifugal, .96 test, 4.05c; molasses,
89 test, 3.30c; refined, steady. ,
Chicago Dairy Produce.
CHICAGO, Nov. 20. Butter, steady.
Creameries, 2934c; dairies, 26oic.
Eggs, steady; receipts, 2420 cases; at
mark, cases Included, 22'2jc; orainarj
firsts, 24c; firsts. 27c . ..,
Cheese. weak. Daisies, loc-tono.
Twin. 1516c; Young Americas, r
16c; Long Horns, loig'iotc.
Xaval Stores.
SAVANNAH, Ga. Nov. 20. Turpentine
Arm at 36M (938Vic Sales 839, receipts 715,
shipments 128, domestic stock 83,600.
riosin nrm. naieo icitih1" e...
ments 107. domestic stock 181.0O0. A, B, C,
D, $5.RO; F. G. H. I, $5.95; K. $6.50; M. f7;
N, $7.40; WG. $7.85; WW, $7.00.
Minneapolis Grain Market.
MINNEAPOLIS. Nov. 20. Wheat, Decem
ber. 80c; May. 86c Cash. No. 1 hard,
83c; No. 1 Northern, ZWiZWc: No. 2
Northern. 7981c; No. 3 wheat, 77
70 c.
Flax $1.82.
Barley 4059c
Duluth Linseed Market.
DULUTH. Nov. 20. Closing: Linseed, on
track. $1.84; to arrive, $1.20: to arrive
In November, 1.J4: November, $1.33:
December, $1.28 bid; January, $1.29;
May, $1.33.
European Grain Markets.
LIVERPOOL, Nov. 20. Closing: Wheat
Spot, steady. Futures, steady. December,
i 3a; Marcn, ie ia; jiay, is 4711a.
English country markets quiet; French
country markets steady.
Wool at 8L Louis.
6T. LOUIS. Nov. 20. Wool, steady. Ter
ritory and Western mediums, 21425c; fine
mediums,- 18 20c; fine, 13 17c.
Dried Fruit at New Xprk.
NEW YORK, Nov. 20. Evaporated apples
and peaches steady. Prunes firm.
EXPORT SALES 1
Wheat Rallies After Touching
Low Level for Crop. ,
CLOSING PRICES ARE FIRM
Open.
I .84
May 89
Foreign Business Is Worked at Kan
sas City and at Xew York Corn
Shorts Fear December Squeeze.
Bulge In Provisions.
CHICAGO, Nov. 20. Exports sales at
Kansas City rallied wheat today after the
market had touched a new low level for
this year's crop. Closing price were firm.
Highest nrlces of the day came Just be
fore the last bell. The market had been
comparatively indifferent to advices con
cerning export business at New York,
the bulk waa believed to be Canadian.
Fear of a squeeze In December contracts
led to an upturn In corn.
Some falling off in primary receipts
caused oats to develop strength.
At the end of the provision session pork
was 22 to 60c dearer and other articles
generally 10c to 20c higher.
' Th leading future ranged as follows.
WHEAT.
High,
f .85
..90
-87
CORN.
.47
.47
' .48
OATS.
81
.32
.32
PORK.
19.47
18.62
LARD.
Nov. 11.30 11.35
Dec. 11.18 11.20
Jan 10.77 ' 10.90
May 10.25 10.33
SHORT RIBS,
.tan. 1020 10.37W 1O.20
May 9.92 10.00 9.92
Flour uasy.
Corn No. 8, 53 54c; No. 8 white, new,
4647c; No. 3 white, old 5656e.
new 47c; No. 3 yellow, old 5051c. new
4446c; No. 4, new 454uc;
white, old 52c, new 4546c.
Rve No. 2. 60c.
. Barley Feed or mixing, 4450c; fair to
choice malting, 5970c.
Timotny seed $j3.70.
Clover seed $13a7.50.
Pork Mess, $1717.25.
Lard (In tierces), $4.40.
Short ribs (Loose) $10.37 S 10.87.
Grain statistics: Total clearances of wheat
and flour were equal to 874.000 bushel. Pri
mary receipts were 1,644.000 bushels com
pared with 669,000 bushels the correspond
ing day a year ago. Estimated receipts
for tomorrow: Wheat. 89 cars; corn, 225
cars; oats, 176 cars;, hogs, 24,000 head.
July
Dec .
May .. ..
July ....
Dec
May
July
. -7-
.47
.47
.48
.81
.S2
.32
Jan 19.10
May 18.50
Low. Close.
$ .83 $ .85
.89 .90
.86 .87
: .47 .47
- .47 .47
.48 .48
.31 .31
.82 .82
.32 .32
19.05 ' 19.45
1S.42 18.60
11.30
11. lO
10.77
10.25
11.85
11.17
10. o
10.35
10.37
10.00
No. 4
ASTORIA RETIRES BONDS
Auditor and Treasurer File Reports
for Third Quarter, 1012.
ASTORIA, Or., Nov. 20. (Special.)
The report of City Auditor Anderson
for the quarter .ending on September
30 was filed yesterday, and shows the
resources and liabilities of the municl.
pallty to be as follows:
LIABILITIES.
Municipal warrants $117,234.39
Street repair warrants 105.40
Improvement warrants.... 69,548.12
Municipal bonds i 140,000.00
Total- liabilities $326,887.91
RESOURCES.
Cash on hand $ 6.1B9.14
Taxes due 22.901.74
Real property 74,571.24
Assessments due 60,543.12
Installments pending.. 20,218.10
Puget Hound Wheat Market.
SEATTLE. Wash.. Nov. 20. Wheat Blue-
stem. 80c; fortyfold. 78c; club, 77c; life,
75c; red Russian, 75c. Yesterday's car re
ceipts Wheat, 80; corn, 2; oats, 7; barley,
8; hay, 7; flour, 4.
TACOMA, Wash., Nov. 20. Wheat Blue
stem. Sic: fortyfold, 79c; flfe and club. 78c:
red Russian. 77c. Yesterday's car receipts
Wheat, 1; barley, . 1 ; hay, 2.
. Grain in San Francisco.
SAN FRANCISCO, Nov. 20. Spot quota
tions: Walla Walla, $1.451.47; red Rus
sian, $1.42V.L4o; Turkey red, $1.52
1.55: bluestem, $1.52 1.55; feed barley,
$1.47V- 1.50: brewing barley, $1.501.52;
white oats, $1.51 1.52 ; bran. $2424.50;
middlings. $233; shorts, $27.30 g 28.
Call board sales: Wheat, no trading. Bar
ley, December, $1.46; May. $1.45.
Hope at New York.
NEW YORK, Nov. 20. Hops quiet.
WILD WIND PLAYS PRANKS
Woodland Visited by Severe Storm
Damage Is Slight.
High Grade Corporation and Municipal
BONDS
For Sale by the
Bond Department
lumdermens
National bank
Corner 5 th and Stark
RESOURCES
MILLIONS
LADD &TILTON BANK
Established 1859.
Capital Stock $1,000,000.00
Surplus and Undivided Profits 1,000,000.00
Commercial and Savings Accounts
Letters of credit, drafts and travelers' checks issued, available
in all parts of the world.
OFFICERS.
W. M. Ladd, President. Robert S. Howard, Aat. Cashier.
Edward Cookingham, Vlc.-Pres. J. W. Ladd, Asst. Cashier.
W. U. Dunckley, Cashier. Walter M. Cook. Asst. Cashier.
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
Total resourct-s J103.408.34
This report shows an excess of
liabilities amounting to $133,479.57,
whereas a year ago the excess was
1126,744.88, the increase being: in the
amount of outstanding: warrants. Dur-
ng the past two years bonds amount-.
ug to $49,000 have been retired. These
bonds drew 6 per cent interest, and
of those now outstanding: loO.OOO draw
but 6 per cent.
The report of Treasurer Prael shows
the receipts and disbursements during:
the quarter to have been as follows:
Cash on hand at beginning of quarter,
$41,567.60; receipts, $68,242.76; dis
bursements, $62,073.62; cash on hand
at end of quarter, $6169.14.
COOS RECORDER IS CHARY
Official Refuses to Register AVomen
on Authority of Olcott.
MARSHFIELD. Or., Nov. 20. (Spe
cial.) Women are t vote at the city
election which will be held in Decem
ber, when a City Recorder, Councilmen
and several other officers are to be se
lected. Mrs. A. H. Stutsman, a local
real estate dealer, took the initiative
and applied to City Recorder Butler to
be registered. The City Attorney was
out of the city and the Recorder re
fused to register a woman voter until
e had the opinion of the Attorney as
to whether or not it would be legal at
this time.
Mrs. Stutsman then telegraphed to
the Secretary of State, who wired back
that the woman suffrage measure was
In effect and that the women could be
registered. Armed with the telegram
and backed by a dozen other women of
the city, Mrs. Stutsman again applied
to the City Recorder, but was again re
fused on the ground that he could not
act without first hearing from the City
Attorney. The latter returned to the
lty and gave ais c pinion that the
women could be registered.
The women -who are most enthusi
astic are urging their indifferent sis
ters to register and it is likely that
quite a number of .o Marshfield women
will have a voice in the selection of the
city officials next month.
Salmon Catch Ixm.
GARDINER, Or., Nov. 20. (Special.)
The catch of sllverside salmon for
the season now closing is considerably
below the catch of 1911 "on the Umpqua
River and its tributaries. The pack
of the two canneries operating here
will total about 14.000 cases against
ut 30,000 cases for last year.
WOODLAND, Wash., Nov. 20. (Spe
cial.) The first of a five-car shipment
of steel rails for the Harvey Mill Com
pany at Etna has arrived and is being
placed on the river bank for transpor
tation to the mill by the steamer Etna.
In all there will be 15 cars shipped to
the mill, the shipments being in five-
car installments. The company will put
in about seven miles of logging rail
road before completion of the work.
The Drummer, a gasoline launch
owned and operated by T. N. Hulett,
has commenced her trips to La Center
and way points, bringing cream for the
Miller-Pease Company, of Seattle. She
can operate only about eignt montns
out of the year on account of low wa
ter.
' Woodland experienced a severe wind
storm for a few moments early last
night and signs, shingles, umbrellas,
hats and small loose articles were
mixed up in profusion. The damage
was slight.
A new French automobile Is llBht enough
to -be picked up and carried by the two
men it will accommodate.
The manufacturers
of bitulithic paving
insist that it be
kept up to the stan
dard which is the
result of scientific
experiment, by
tests made every
hour while the work
is in progress.
That's the secret of
its uniform perfection.
ESTABLISHED 1894
.jforb, Mcon & 3avis
jnjmeer0
COMPREHENSIVE REPORTS
ON PUBLIC UTILITIES
85 SEtOND ST., SAN FRANCISCO
NEW YORK - n NEW ORLEANS
J.C.WILSON&CO.
STOCKS, BOHOS, GRAIN AMI COTTOX
" MEMBERS
NEW YORK S'iHCK EXCHANGE.
KEW YORK COTTON EXCHANGJS,
CHICAGO BOARD OK TRADE,
THE STOCK AND BOND EXCUANGK.
SAN FRANCISCO.
'PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
Phones Marshall 4120. A 4187.
TRANS-ATLANTIC LINES
WHITE STAR LINE
New York, Queenstown, IJrerpool, N. Y.,
Celtlo Drc. 6 Baltic Dec. J 9
Cedrlc Dec. 12 Megantlc ' Dec 24
N. Y.- Plymouth - Cherbourg-Southampton
St. Louis Nov. 30 Oceanic Dec. 14
Majestic Dec. 7 'Philadelphia D. 21
American Line steamers.
Boston, Mediterranean, Italy.
Canoplc Dec. 12; Canopte Feb. 1.
AMERICAN LINE
N. IT.. Plymouth. Chcrboarc, Hoatbmmpton
St. Louis Nov. 30 St. Paul Dor. 14
New York Dec. 7 Philadelphia 1. 81
Atlantic Transport Line
iw York London Drirt.
Minnehaha N. SO Minnetonka T. 14
Mlnnewaska D. 7 M lnnoapolin D. 28
RED STAR LINE
New York, DoTer, Antwerp.
Kroonland Dec. 4 Finland Dc IS
Iceland Dec 11 Vaderland Deo. 25
WHITE STAR B LARGEST STEAMERS From CANADA
CHRISTMAS SAILINGS
Portland, Maine Halifax Liverpool
From From
PORTLAND. HALIFAX
S. S. LAT'RENTIC. - Dec 17 Deo. 8
S. 8. TEUTONIC... Dec 14 Dec. IB
S. S. CANADA Dec. 21 1ec. 22
8. 8. tAirRKNTIC 8. 8. MKOANTTC. 14.900 tons. tARfiKST FROM CANADA.
All Classes Carried S. 8. TECTONIC & 8. 8. CANADA. Carry rassenrers Only In
, Morond and Third Class.
Bag-gage Checked through to Steamer in Bond. Ne Hotel or Transfer Expenses.
Company's Office, 619 Second Are., Main Floor, Rear, Seattle, or Local Railway and
Kteaniship Agents.
CUNARD
ii Tfew- .e'
Unsurpassed Luxury and Comfort
Madeira. Gibraltar. Algiers, Hoaace,
Naples, Alexandria
"FRANCONIA" Nor. 28, Jan. 18
"LACONIA" Jan. 4
"CAKONIA" Jan. 30, Mar. 15
8 TO POTS RS PKRMITTXn
A LA CARTE WITHOUT OHARQn
EXPRESS SAILING JAN. 4 th
Monaco Naples Alexandria
Fmr PartiaiUn atrtb fa
THB CCNAKD S. S. CO. Ut 11 S'te St, N. Y.
Or Local Agem.
4 ll
Capital $1,000,009
THE PRESTIGE.
of a checking account
with a bank of recog
nized standing has
been a more vaiuable
asset than the money
itself, at times past
in the business life
of many prosperous
men of today.
We invite your
consideration when
ready to open an ac
count with a bank in
this city.
UNITED
STATES
NATIONAL BANK
Third and Oak
TRAVELERS' GUIDE.
Surplus $1,000,000
INCORPORATED ft
CONSULTING and
CONSTRUCTION ENCINEER8
PUBLIC SERVICE PROPERTIES
FINANCED and MANAGED
SO Pin Street New York
COOS BAY LINE
STEAMER BREAKWATER
sails from Ainsworth Dock. Portland, at
A. M.. Octobor 80, and thsreattsr every
Tuesday evening at 8 P. M.. Freight
received dally except Tuesdays up to 5 P.
M.; Tuesdays up to 3 P, M. Passenger fare
first class, $10; second class, $7. including
berth and meals. Ticket office St Aloa
wortb Dock. The Portland A Coa Bay s
Line. Ii. J. Motar. Agent.
JE.JU.iW JtUsVA.
EXPRESS STEAMERS FOR
Saa Francises and Los Angelas
WITHOUT CHAINGH.
S. S. BEAR sails 4 P. M. November tt.
THE SAA FRANCISCO V PORTLAND
S. . CO., Ticket Office 132 Third Street.
Pssas Mala 3005, A
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Every Wednesday Alternately at
NORTH PACIFIC S. S. CO.
122 A Third St. Phones Mala 131. A lSlL
West Indies, Panama Canal
Round South America
Largest, Finest and Fastest Steamers on
the East and West Coast of So. America
For illustrated literature apply to
The Royal Mall Steam Packet Co.
The Pacific Steam Navigation Co.
Doraey B. Smith, W Fifth St., Portlsnd.
LOS ANGELES AND SAN DIEGO
STEAMSHIPS YALE AND HARVARD
Railroad or anv steamer to San Fran-
Cisco, the Expo City. Largest, fastest and
trie uixlx strictly first-ciass passenger
ships on the, Coast, Average speed 28
miles per hour: cost t2.000.0uo each.
SAM FKAJV CISCO, PORTLAND at L. A.
s. s. co.
Main2S. Frank Bollam, Agreat. A46M
128 Third Street.
AUSTRALIA AND NEW ZEALAND
(Union Line of N. Z.)
SYDNEY VIA TAHITI AND WELLINGTON
Direct throush steamers, sailing; from San
Francisco. Dec Jan. 8. and every
is day a The line to the Isles of the outb
Seas. For reservations see Coupon Railroad
Arenta or address Hind, Rolph A Co., gen
eral agents, (J7U Market St., gan Francisco.
r