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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Nov. 23, 1912)
WAVE OF HOP BUYING Dealers Take Hold Freely at Present Prices. GROWERS READY SELLERS Between 2000 and SOOO Bales -Are Bought From Farmers, Mostly Low Grades Bulk of Transac tions Are at 1 0 to ie Cents. , Another hop buying flurry haa struck the Oregon market. Induced by the fact that prires now asked by growers coincide with the vlewa of buyers. In other word the sell ing pressure is such that dealers find it an 'easy matter to buy at current prices, which are somewhat lower than those prevailing two weeks ago. Prices of the lowest grade, are now closo to the cost of production, and in view of the statistical position of the market, and its" possibilities, these prices are becoming more attractive to buyers of a speculative turn, although it Is not be lieved that any speculative buying has been done yet. Favorable developments, should they come, are not expected before the Spring market arrives. Transactions during the present week ag gregate in quantity between B00O and 3000 bales. The purchases were made at the wide range of S to 18 cents, with the bulk of buying at 10 to 12 cents. . C M- Werner has bought in the past two days 800 bales at S to 17 cents, all in this state. George W. Lewis, who buys fos Hugo Loewl. is also reported to have bought 00 hales at 10 to IS cents. Dorcas Bros, during the week, purchased close to S00 bales at the same prices. H. L. Harfs purchases In the last two days were 500 baits at 10H to 18 cents. Klaber. Wolf Netter and A J Ray Son have also been in the market. In fact nearly all the dealer, have made purchase, of some extent during ths " Among the growers who have .old were Herman Schmidt, of Aurora. 101 bales; Glen .-arothers. of Aurora. SS bales; Fred Schmidt, of Laurel. 55 bales; George Yergen. of Au rora S10 bales: Robert Porter, of Forest Grove 150 bales: G. Goshie. of Mount Angel. t bales; Chales Buchannan. of Hlllsboro. x 33 bales. There is a difference of opinion among hop men a. to the Quantity of hop. eft unsold in thl. state. Soma place It a. low as 30.000 bales, while others are confident the grower, still hold 50.000 bale, or even more. California, is closely sold up. the poorest grades of Sonomaa. Lnsold stocks in Western Washington are placed at "Thelatest circulars of English hop fac tors say: Wild. Neame & Co. We have no altera tion to report in the state of our market. Trade is quiet and where hops are preased for sale values favor purchasers. Manger Henley The general business during, the past week has again been of a quiet nature. Prices, where sales are pr favor buyers, but otherwise remain unaltered W H. H. Le May Although the general trade during the past week has been quiet several of the choicer growths of East and Mid Kent passed out of growers' bauds. In consequence of the quietness of the general trade, prices must be quoted slightly in buy ers' favor for all but the choicest. Worcester The trade on the Worcester market Is fairly good, and late pnc ... paid for any choice samples offered. For the most part, however, the buying 1. In good medium to brown hops, which sell steadily . . ...inn. A few holders re al prewuus .t ... fuse to accept the market rate.. KLOl'B SlTU.Vr.ON IN FAR EAST KBert of High Freight Rate, and Wheat Buying on Trade. Reportins on the flour situation la the orient Vk--Con.u!-Gcnral A. E. Carlton. ..f Hongkorg. says: "The lack of available tonnage and tne consequent increased freight rate, from the IMcifio Coast are Important features in the Hour stluatlon In the Far East and there I no apparent likelihood that this condi tion will h.j changed for the next Ave or -x m.mth. For October and November .l.'lyrl.s ths rates have Increased In some 'nances to $r..M- gold currency per ton and therefore the .arge dealers of flour are not ,., re-basin,- er.rcpt of certain brand, which it is necessary to keep in stock. As a mat ter tf fart the present supply In Hongkong and Shanghai, with tho 1.WO.00O bags en route, is sufficient to meet all demands for five or six months and importers are not anxious to Increase the supply, believing that In January or February shipowners will be willing to take a lower rate. To add to tills ununnl situation, the Japanese "had bought up to early Septem ber something like 40.000 tons of wheat be-.aus- of the very high price of rice, and Japanese bottoms alone are bringing out this wheat, thereby shutting out dour and other merchandise. The price of flour on the Pacific Coast is comparatively low. yet it would be possible to compete with the heavy ontput of the Shanghai mills It the freight rates were more or less the same as last year. The f ct that large consignments of flour from Shanghai are being shipped to Canton and other coast ports of South China was not altogether anticipated, but it la not ex pected that thl. will have any effect on flour for future delivery." FAST WILL WANT WHEAT UTKB t.ood Trade With the Orient Is Also Ex pected Present Market Dull. There was but little doing In the wheat market yesterday. Club wa quoted at 77 ?78 cent, and bluestem at 80 31 cents, tmt ttaee prices did not appeal to holders. The Eastern demand for wheat has quieted down, present requirements being tilled, but advices from the East are that purehasina will probably be heavy after the first of tho year. There is some buying of wheat for the Orient, but In a limited way. This business Is also likely to assume much larger pro portions after tho turn of the year. Sup piles of native Asiatic wheat are known to be practically exhausted and as the Aus tralian crop is short, this fact will turn the Oriental buyers to the Pacific Coast for what they need. Weekly foreign wheat shipments were as follows: This wt Last wk. Last vr. Argentina ...... fi'ifl.ono 1.1'72.'X ;n:s,ooo Australia 2.".," 8M.mn .'.4.oi0 India 1.0SS.O00 1.424,000 744.000 Local receipts in car. wer reported by the Merchant.' Exchange a. follow. Wheat Barley Flour Oats Hay Monday ! - 1 11 Tuesiiav -to 4 ;I 2 Wednesday ... 71 S 4 2 Thursday 1 .22 7 Friday -' 12 9 Ve.r mmn 24 3 ?2 Season to date.sei 106S 064 7m: 90 Tear ago n'w -' n.'4 730 1437 ALL KINDS OF POULTRY WEAK Snpply Is Too Largo for Present Require ments oooa rgs r inn. The poultry market was weak all around. Some of the dealers cleaned up their stocks of chic-kens, which were large, at 12 cents and others are said to have sold at 11 cents. More turkeys came In thsn were wanted and all were, therefore, not sold. Good dressed stock waa quoted at 233 24 rents. Pucks and geese were also in good shppty. There was a scarcity of both pork and veal, whlrh were firm at unchanged price.. F.ffKS so'.d at former quotations and fresh st.uk was scarce. Butter was reported barely steady. Cheese was firm. Fruit Trade) 1 Good. There was a good demand yesterday for .11 'kinds of fruit and vegetable, at gen- erally steady prlcea The Inquiry for navel orange, was especially good. Five car. of bananas will be unloaded thl. morning. Bank Clearing. , Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balance., Portland .....11.816.251 232,104 Seattle 2.126.899 -bAB'H Tacoma 701,911 .' spoSan. :::::::::::::: t6q.oti si.wi PORTLAND MARKETS. Grain. Flour. Feed. Etc. WHEAT Track prices: Club. 7778o: bluestem. 80S? 81c; 40-Iold, 78c; red Russian, 75c: valley, 70c. ,. FLOUR .Patents. 14.30 per barrel, straights. S.80: exports. 13.0098.70; Val ley. 14.30; graham, 14.20; whol. rvheat, 4CORN Whole. S3: cracked 137 per ton. MILLS TUFFS Bran. 22.50 per ton. shorts. 2!S: middlings. 30. BARLEY Feed. 124.50 per ton; brewing, nominal: rolled, 127628 per ton. OATS No. 1 white 126 per ton. HAY Timothy, choice. $16.5017: " and vetch. 112; alfalfa. 12; clover. $10, straw, 16'tf7. Vegetables and Fruits. FRESH FRUITS Apple.. B0 a 1.50 per box: pears, T5ctl.50 per box: grapes, $1.1001.40 per box; cranberries. 111.50 per barrel: casabas. 2.50 per dozen. TROPICAL FRVITS Oranges, Valencla 14; navels. 12. 50 3. SO; California grape fruit. $4G5; Florida grapefruit. t4.J. lemons. til Pr box: pineapp.es. 6c per pound; pomegranates, $2 Pr DOX persimmons, ll.To per box. ONIONS Oregon. ucoi per POTATOES Jobbing prices: BurbanKS 65T5o per hundred: sweet potatoes, 1W 2c per pound. . VEGETABLES Beans. 12c; cabbage, ic per pound: cauliflower. 40e$1.2 per dosen; celery, 18.50 per crate: ucu; bers. 30 60c per dcxen; eggplant. 10c per pound: head lettuce. $2 per crate, peas, 12c per pound: peppers. "CP" pound; radishes. 15i20c per dozen; P"uts. 8c; tomatoes, tl-25 Pf box; garlic, 5&6C per pound; pumpkins. lUc per pound. Dairy and Country Produce. BOGS Fresh locals, candled, 4042Ho per dosen; Eastern, 27432Hc CHEESE Triplets. 19Hc per pound; dais ies. lc: Young Americas. 21o per pound. BUTTER Oregon creamery butter, cubes. 35Vic per pound: prints. So 37c per pound. PORK Fancy. 1010Hc per pound. VEAL Fancy. 12HS13C per pound. POULTRY Hens. 12c; broilers. I.e. tur keys, live. 1Ptj20c; dressed, choice, -aw, 24c; ducks, 12frl3c: geese. 1214c. Staple Groceries. j SALMON Columbia Elver, "-P"na talis. 2.25 per dozen; half-pound flat $1.40; one-pound flat., $2.4.1; Alaska pink, one-pound tall.. 85c; stlversides. one-pound tails, tl-25- . .o. COFFEE Roasted. In drum 244Pc per pound. HONEY Choice. $3.253.75 per case. NUTS Walnuts. 16c per pound: -Brazil nuts. 12fcei5c: filberts. Ij&lso: ' monds. lc; peanut s6cj. ,?1 coanuta, 90c 8 11.00 per dozen: chestnuts, lie per pound; hickory nuts. 610c; pecans. 17c: pine, 17H20c. BEANS Small white. 8.40c; large white. 45c; Lima. 6c; pink. 4.70c; Mexican 0c, bavou. 4.63c. ,i SUGAR Fruit and berry 13-73: onln'u plantation. tO-70; beet. 35.55: extra C, 5.zo, powdered, barrels, 18; cube, barrel 16.10. SALT Granulated. ,15 per ton; hll ground 100s. t7.60 per ton: 60s. 18 per ton. RICE No. 1 Japan. 5 514 c; cheaper grades. 41c: Southern head, 5146c DRIED FRUITS Apples. 10c per pound, apricot 12&14c; peache 89Uo; Ptel, Italian 8S10c; sliver. 18c; figs, white and black. HS7c: currants, mc- raisin loose Muscatel? 6 14 07V, c; bleached. Thompson. llUc. unbleached Sultana 8Vc: seeded 7fc eSVic: dates, Persian. 8fco per pound, faro, ''FKJSTweTve 10-ounce, 85e; 50 "-ounce, tl.85; 70 4-ounce, J2.25; 30 10-ounce, t-2o. loose. 50-pound boxes. 6H0 7c: Smyrna, boxe tl-10&1.25: candied. J6ljfl8c. Provision.. HAMS All sizes. 18el9Vic; picnic 13c; rtBACONVa-ncy0.''27-82Sec; choice. 20023c LARD Tierce basis, choice, 15c; com pound. H H: c. . DRY SALT MEATS Regular short, clear 13'., u 15c- short clear back 12 to 16 b. lH5'"l5c; short clear packs. 18 to 25 lbs.. ISvJ'BlSc: exports. 14c- plates. 10S"C-... BARRELED BEEF Extra mm beef. $1. mess beet. 118; extra plate beef. tlJ.SO. plate beef, tn.50; rolled boneless beef. 40. BARRELED PORK Best pig pork, 123; brisket pickled pork. 23- Hop Wool and Hide mops 1!12 crop, prime and choice. 15 ISc per pound. T..a r-. iiu. calted lamb QOOvOC; salted pelt short wool. "Jc4tl-W. . WOOL Eastern Oregon. 1418e PCT pound, according to shrlnag.; valley. 21 &22HC per pouno. . , . A , . r. l-.. ..... hin.i 13A1SUH ner lb.; salted calf. 19c; salted kip. 13 14c; treen hide 12c; dry hide 21&22c; dry calf. No. 1. 25c; No. 2. 20c; green Biaga. unw"- CASCARA fr pouno. ' . 4&3c Ijnsred Oil and Turpentine. LINSEKD OIL Haw, barrels, ale: boiled, barrel 63c; raw, case 06c; boiled, case ttT,r i-4T e.rinflri lots 137.50 per ton ; less than earloads, 40 per ton. TUf.ffciMl.M nurrrie, 7,.. ' -- SAN FRANCWCO PRODVCE MARKET Price. Quoted at the Bay City for Vege-. iH'iiea run, . . . o 1- V. . AllIW. san ruiM-iwAi, io- ing produce prices were current here toasy. . Koe- eommon. 4uc: rrun e,,. .,.--,. l.nn. Mexican limes, -t.. -"V---r . ' r, , v.. I orange !2ft CDUlie, 3; pineapples. tl..V2.oH. . c n,eese ioun .iocn,.. Butter Fancy creamery. 33c. Eggs Store, :'.c; fancy ranch, 4c. Hay vv neat, .' y - oats. 122I&22.30: alfalfa, J11.50I814; barley. 11P'V- ..... Dn.a1 tn- Potatoes uregon dui i Salinas Burbank Jl.3otel.43; sweets, fl.23 W t-OU. . ffai-llc. Vegetables cucumuoi 23c; green peas. littSc; string beans 4 8c; tomatoes. wvo- . o .- 0nKe"eip7.- Flour. 9300 quarter sacks; wheat! V. centals: barley. ""'-fj oats. 1220 centals: oats. Oregon. l-!0 centals: potatoes. 91 95 sack.; bran. 3.. acs. middling.. 115 sack.; hay. 29 tons; wool. Ib3 oaie WOOL FRICKS BErNG M A1NTAINKD Trading at Honton Lighter Tariff Question Worries Mills. BOSTON. Nov. 22. The Commercial Bul letin will say tomorrow: ,, An Hie rrom iair crossbred the week in the Boston wool trade has been conspicuous i-. 7 . . . 1 ateadv ture. values are iiiaiiu.'u v.. - basis, however. All the foreign markets are steady. The mill, are all running on good time on ., , ... ...1. n-,d nmliUm of heay llgniweigm B ...w . - - .ample, and the positive cancellations 01 . . ..Iff T. heavyweignis in i . vlKlon are the matters most gravely con cerning the manufacturer at the moment. The shipments of wool from Boston from January I to November 21. inclusive, were . nnn ...I. nir.l.ct 1 0 1 "21 All pounds for the same psrlod last year. The receipts from jbuui ' ..... -- elusive, were 844.226,643 pounds. against 277.969,406 pounds for the same period last year. ew York Cotton Market. NEW YORK. Nov. 22. Cotton futures closed firm. 2 to in poini. nunni. , , n December. 12.21c: January, 12 30c- Febmarv. 12.S2e; Marsh. 12.35c; May, 14S3c' June, 12.35c; July. 12.34c; August. 12"3c-' September. 11.80c; Octoher. ll.dor. Toot closed steady. Mid-uplands, 12.60c; . . . I iiiA V. I . mid-gulf, liwc g"'"-- NEW ORLEANS. Nov. 22. Spot cotton- Middling. 121c- Naval Store PAVAN He Ga.. Nov. 22. Turpentine, firm. 331i35c: sale 723; receipts. 627; shipments. ;-".",,, anon K'JSID. in i" - - , shipments. 594: .tock. 137.000. Quote: A. B, jnipmen . v jf6f).. H 1 - . ' -. -. e-r r.o. . - t to- J6.B0; K. v-. W.W. t7 W). Chicago Produce Market.' CHICAGO. Nov. 22. Butter. steady. EaTs steady. Receipts. 2226 cases: at mark? 'cases Included, 22fe25c; ordinary f (rats' 24c: firsts. 27c. Cheese stesdy. Palsies. 16i W11,c; twins li4lc: Tming Amerlcs 16-4 W 101,c; Long Horn ! 181,c. Dnluth Linseed Market. PfLCTH, Nov. 22. Linseed on trat.-k. 11 34 U - to arrive. 11-81 ; November. tl-W sskert1 December. tl-30li asked: January. ".80. nominal; May. M.34-s asked. J P Morgan adopted an Ingenious way of securing a captain for the Corsair He Inquired of the captains of some of the White Star liners for list of competent first and second officer When these were fur niehed he asked for their previous month's wine cards and the one having the lowest wine charge against him wss chosen. TIIE MORNING OREGONIAN, SATURDAY, AOVE3IBER 23, TEXTILE TRADE BIG Heavy Demand for Cotton and Woolen Goods. SHOE MARKET IS ACTIVE General Business Shows Farther Ex pansion, In ' Some Instances Reaching the Limit of Capacity. Batik Clearings Increasing. ,NEW YORK. Nov. 22. R. G. Dun & Co. s weeklv review tomorrow will say: Trade in the United States shows further expansion, reports from different sections and all statistics of traffic and exchanges speaking loudly of a great activity that In some instances is bounded only by the limit of capacity. In the primary dry goods roarifet there . , , . . . . . with nrices IB m miBQ .uiuihd in practically all Instances well maintained. jobbers or cotton goous are. uiawuB era! purchases of domestics and staples for SDrinsr. Bleached cotton, have stif fened ... In woolen, there i. an active oeroana for overcoatings for Immediate delivery and , . i 1. 1 i. v. -i full marknt rate uvmniuia uuug uihib ..... ... - Considerable business- ha. been offered the mills for. the next neavy-weigni euu, uu.. comparatively few order, have been placed, i . o air t n c hiffher prices than buyers are willing to pay. An active traao is movms " aL' l knitting yarns, and cotton yarns have sold freely at firm prices. The activity in tho shoe trade has now reached close to the point of productive capacity. Leather and hide. continue strong. . , MILD WEATHER HELPS IN SOME LINKS Jobbing- and Retail Trade Beat in Western Section NEW YORK. Nov. 22. Bradstreef. to morrow 'will .ay: . Tr.,1. channels are running full, with optimism predominant and this despite wide spread evidences that mild weather Is a bar to fullest activities in iinat aisiriouiiuu. Still, in this very matter of unseasonably VDrm weather, annarentlv the only cause of complaint. It la to be noted that" mild climatic condition, are and have been in high degree favorable to agriculture ana transportation Interest T!.t nnorti as to lobbing and retail trade com as heretofore, from the West, North west and Southwest and where house trade has fallen off, as in the caae of some mar kets, road orders have more than made good the deficit. Operation, in the Iron ana steel lines continue as actlv if not more active than heretofore. Business failures In tne unuea states ior the week ending November 21 were 268, against 260 last week. Business failures in tjanaaa numpor ou. which contrasts with S3 for last week, wheat Including flour, exports from the United States and Canada for the week ending November 21 aggregate 0,111,1 bushels, against 6,171.894 last weak. Bonk Clearings. NEW YORK. Nov. 22. Bradstreet a Dana clearings report for the week ending No r.mw 91 ahnwM an siteresate of 13.703,- 784,000, as against t3.65,4o,000 last week and ,223.730.000 in the corresponding week last year. . Inc. New York 2.125.377.00O 15.2 Chicago 829.242,000 14.3 1H2RKU.OOO 9.1 Philadelphi'a".' 181.043.000 18.5 St. Louis r,jy:-"'Y ir-Q Kansas City i.. ; Sin,h.ir 55.62l.00O 8-5 San Francisco 01.315.000 1 5.0 Baltimore 32.90S.O0O ll.tt Cincinnati 27.4S9.OO0 9.o Minneapolis ."..I WIS' 22'5 New Orleans - ".''u'1" :-r Cleveland 23.417.000 20.4 Detroit ................. 25,332.000 22-t Los Angeles Omaha 27,977,000 13.! 18,401,000 27.2 14,h8,OoO 1.5 13.773,0N S.2 Milwaukee Atlanta H',o.mi bi at"'.:.::::::::::: isK.ooo 25:5 3t Paul . 16.105,000 21. 3 Buffalo - ..041.0iH 20.7 Dr-nver i&i i.wnr 0.4 indianapoli io'Tom 28 8 SSt d. h 1i ''i'?'((rs Memphl 'fU'SS a'o Salt LakeVlii 10.26S.000 -U Fort Worth.. 12.161.000 32.8 son norm nfUi ,A . columbu. 7.043.000 2.1.3 A nanv ................. Savannah t,iv ::::::::::::::: ooo 45.2 Hartford 4.4S6.00O 4.2 . ..... : . 1.0 nuiuth 9.736.000 m.s Oakland Cal 3.702.000 1 5.0 iVaame-ntS c.r. 2.452.000 va Helena 1.473.000 42.1 Helena ................. irtnia M3 Ogden. Utah 1.070.000 -14 6 Decrease. LONDON NOW A SELLER TURKISH SITCATIOX AI'EXTTS THE SECVRIT1ES MARKET. Liquidation Weakens Prices in Wall Street, hut the Xet Declines Ato Small. NEW YORK, Nov. 22. In response to profit taking sales, following yesterday, rise, and some selling by London, stocks weakened today. The opening was lower and price, eased off in the morning. Trad ing fell off to nominal proportions In the last half of the day and prices were vir tually at a standstill. London selling was regarded as the sig nificant development of the day. It was estimated that 20,000 to 30,000 shares were sold here by London, which recently has been repurchasing American securities dis posed of at the outbreak of tho Balkan war. This selling was attributed In part to uneasiness over the rejection by the Turkish government of peace term Another explanation was that the selling was London's reply to the engagement of gold there for this country. A further en gagement of tSOO.000 gold was announced today. For a time today there was some buy ing of stocks by traders who took the ground that strong influences lined on the bull side were responsible for yesterday's upturn. This buying was more than off set, however, by liquidating sales and Lon don selling, the Utter being the most ef fective in Union Pacific, Reading and Amal gamated. Losses were restricted to frac tions in most case Canadian Pacific de clined two points. Tho bond market was quiet and irrefru Iar. Total sales par .valua $1,375,000. United States 2s declined Hon call. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson & Co.. Lewi. Closing Sale High. Low. Bid. J2.r.nO MiT, SB.". efttt 1.KO0 r.57i 5514 f.5 17.200 43 42 43 H 3.800 124H 124 12314 10" 6 1.400 39 rSS .'.St 0. 900 81 M, 80 mhi 10O 106'i, me" J00 200 120 120 121 120 700 142 1 142 'A 142 2'.9 14 J.iort 44t, 43 437 51HI 1x0 l.-.Si,, .l.'ISlj 1.700 108 ' 107 107 " 101 H 1. eOO 107 107 107 2.500 98 9214 92 3.600 267 25'4. 2 5.X00 81 SHj 81 JmiO 18 18 18 5.40O 140 139 10 4.300 lift 113 115 SOO 30 29 29 8O0 30 2!t 29 83 1.900 48 47 47 36 at) 3.700 17T4 17 17 540 , 21 OO iri"".- Am Car Fdy Am Cotton Oil.. Am eml 4 Ref do preferred. . American Sustar do preferred.. . Am Tul & Tel.. Am Tobacco pf. -Anaconda ..... At Coast Line.. t & Santa Fe do preferred.. . Bait & Ohio Brook R Tran.. Canadian Pac. C A O ' r" . VV CAN W ... - . C M at St Paul Contrl Leather. Central of N, Central of N J.. . Chino Col Fuel Iron . Col Southern . .. . Corn Products .. T L A W D A R Grande. . . 900 27 26 2,300 84 34 400 184 184 400 47 47 2.400 139 138 4,800 2 2 " 3'SOO '2614' "26 " 4.300 66 5O0 121 120 100 ' 7.700 176 174 400 147 146 100 27 27 100 142 143 100 28 28 44 43 200 ttl 1K "i'.ioo iiri 700 34 34 100 116 116 100 83 83 2,400 125 124 700 33 33 V.50( 123 123 300 116 116 47 0O0 172 172 S00 28 27 200 26 25 800 111 111 1.900 30 29 - 200 122 122 20,600 173 172 "."466 '37 'S7 33.800 75 75 200 112 112 1,000 64 x C3 800 4 4 1.200 82 82 Gt North Ore Gt North pf . . Goldfleld 2 127 20 Mo, Kan & Mo Paclflc Nat Biscuit 132 122 Pacific I A T.. do preff .-ed.. 49 100 Southern Pac do preferred. . XTnited Rds S F , . 90 Total sale, for the day. 279,400 share BONDS. NEW YORK, Nov. 22. Closing quota- J7s''ref 2 reg.,100N Y C gen s. 864 do coupon ...100 I No Pac ft c as. 68 U U S 3s reg 102 ; No P'cl'ic dq coupon ...102 Union Pacific 4s. 99 4 U S new 4s reg. 113 Wis Central 4s.. 91 do coupon ...113) Stockat Boston. BOSTON, Nov. 22. Closing quotations Aloues 42 Amalg Copper.. 85 A Z L A Sm.. . 85 Arizona Com . . 4 Mohawk 5. Nevada Con 23 Xipisslng Mines. 8 North Butt 36 North Lake 3 B A C C A S M. Cal A Arlsona. . 78;old Dominion... 5S Centennial 19,Osceola " a Cop Ran Con Co 8t lyuincy ; E Butte Coji M. 13 I Shannon iJs Franklin 9Superior ....... - Giroux Con 4 Sup & Bos Mln.. n. r-onnrJo. UJi'll S S R A M... 44,4 I Roy alio (Cop) 36; do preferred. 50 11 Kerr Lake 2;utan con Lake te Copper.... 38-4 Utah Copper Co. 63 Salle Copper 5 Wlnona iml Copper... 28 iWolverine n La Miami Copper... 28 1 ' Money, Exchange, Etc, Mnnev on call. in hi i vniv, . -infirm, 6Ti6 per cent; ruling rate. 5. clos ing bid. 5H; offered at 6 per cent. Time loans, easy; 60 days. per cent: 90 days. o; six montn. o. J. ! ' nnn.- tA nr rent. day bill, and at 4.S5 for demand. Commercial out .i.ov7i. ' Bar silver, 63c Mexlcan dollars. 48 c. K.B Government bond easy; railroad bonds, Irregular. LONDON. Nov. 22. Bar silver, steady. 29 d per ounce. a,..?-MteES. open market for short bills is 4 per cent. The rate or. discount In the open market for three months bill, la 4 per cent, SAN FRANCISCO. Nov. 22. Silver bars, 63c. , , Mexican dollar., nominal. Drafts Sight, par; telegraph. 2c. Sterling on London. 60 days. 4.80. do sight, 4S5. Condition, of the Treasury- WASHINGTON. Nov. 22. The condition of the United States Treasury at the begin ning of business today was: Working balance n,'ii'-i t- K.lT. .,wl PhlllDDlne Trea... 2-,r?-!? Total of general fund 148.51.1. Jo4 Receipt, yesieruay 12-'i561 Disbursements lonTIsf! Deficit this fisca year 24 691 740 DeT'hClet Xr2r& y-ce,'pts:; disbunt. and deficit exclude Panama Canal and pub lic debt transactions. Metal Markets. . . ot f.f.nnt.r 1 1' Ilk. Standard spot and November IJ-1'J bid . 1745?: 'ectrolytlo and ' lake. 1762 17.87c ; Caln.B,qule:l5,'1Sp3o7tC' to January. 49.50 49 oOc Lead, quiet: 4.454.55c Spelter, steady: 7.40-tn.60c. Antimony, quiet. Cookson 10.50c. Iron, quiet and unchanged. toppe? arrivals, 15 tons. Export, this month. 10.703 tons. London copper. Quiet. Snot. 77 12s Od: futures. 78 -s Bd. Lon don tin! firm; spot 226 15.: future, 227. London lead. 18. !Pel7Zi in Lon Iron, Cleveland warrants, 0is-7d In Lon don." ' Pttget Sound Wheat Market. TACOMA. Nov. 22. Wheat. Bluestem. 81c: fortyfold, 78c: club. 7Sc: Fife. 77c Car receipts, wheat 80; barley 5. oat. 1, hay 22. SEATTLE. Nov 22. - Wheat, blues tern. 80c; fortyfold. 78c; club, 77c; Fife, 1M. red Russian, 75c. . Yesterday's car receipts, wheat 47, oat. L.. rye 2. barley 20, JiayJiSflour 10, corn 1. Grains in San Francisco. SAN FRANCISCO, Nov. 22. Spot quotations-Walla walla. '1.45 1.47: red I Rus slan 1421.45: Turkey red, ll.a'n'W 1.35: blueswrn. l-52 1: $1.451811.47: brewing barley. l-J01.5- , Vhlte oats, tl.511.52; bran $2424.o0. middlings, $.:2H3; shorts. 27.0.S. Cal board sales: Wheat no tradmg; bar ley, December. $1.45; May. $1.42. European Grain Market LIVERPOOL. Nov. 22. Wheat Spot easy: futures, easy: Decernber. 7. 3d; March. 7. 3d: May. 7s &- French English country markets easy, French country market, steaay. Minneapolis Grain Market. MINNEAPOLIS Nov 22. -7.aYgeat4JoDCi cember. 80c; May. 86c. Cash No l horrt R3ic- No. 1 Northern. 8r?T81c, NO 2 NoriherrT. 7980c: No. 3 wheat. 77 78c Flax. $1.33. Barley, 40 & 60c. Coffee and 8uirar. Anw o-i ." rtf f p rinsed hateadTnet Solnu W t. 2 points higher. November and December, 13.46c, laniiaiT ana r eoruai y . ' XX 7 ' ?3a.75crA?riL ,3.82c; .May. l?.90c: June. e3mber and3" October: ,Bpot stead Rio. No. 7, 14c; Santos. No. 4, 16c, mlia. quiet; Cordova, 1618c. Raw sugar, steady. Muscovado. 89 test, 3 65cr c'nfrlf ugal. 96 test, 4.05c; molasws, 89 test, 3.30c; refined, steady. Dried Fruit at New York. NEW YORK. "Nov. 22. Evaporated ap- Prunes6' f lrm. Oregons, 58c. f,!uDfr. LV-. choice. 6S6c; extra choice, 67c; fancy. 7 6 8c Wool at St- Louis. . nn TI- 1 Qt.aV . Tee. ritoTy and Western medium. 21 23c; fine mediums. 18-ff20c; fine. 13t?17e. BituUthic, -with its great density, dur ability and noise lessness, is an ideal pavement, for bus iness streets. In-, sist on bitulithic paving, which adds to the value of your property. J.C.WILSON&CO. t lOL'ks, 3UADS GRAIN AA1 tUlviU.V MEMBERS NEW YORK STOCK BXCHAKGB. NEW YORK COTTON EXCHANGER CHICAGO BOARD OK TRADE, THE STOCK AND BOND EXCHANGE. SAls FRANCISCO. PORTLAND OrriCZ: Lewis Building, 269 Oak Street Phones Marshall 4120. A 4187. , 1912- 1EAT SHADE LOIR Market Affected by Argentine Weather Reports. FINE FOR HARVESTING NOW Primary Receipts Are Three Times as Large as a Tear Ago, and This Also Bears on Prices. Close Is Steady. CHICAGO, Nov. 22. Argentine and do mestic conditions proved more influential than war news today in wheat. As a re sult, the market, although steady at the close, finished c to Ao off. Prices throughout the day felt the effect of a return of fine weather for the begin ning of the Argentine harvest. Further heaviness resulted from the fact that pri mary receipts in the United States were more than three time. a. large as a year ago. Fine weather enlarging the receipts and Improving the .grade of corn made that cereal easy. Oats held steady. Heavy receipt, gave provislqp. a set back. The leading futures ranged as fellow.: WHEAT. Open. High. - Low. Close. Dec .84 3 .844 3 .84 f -84, May (0i4 -HO! -If' July 87V4 -87 .87 .Si CORN. Dec, 48 . .48 .47 f .47 May 47 .47 .47J4 .47 July 48i4 AS'A .48?4 OATS. Dec 30 74 .31 .304 .30 May 32 hi .32 "4 .33 .32 J July , .32 .324 -32 MESS PORK. Jan 19.25 19.30 19.15 !-2 May ......18.30 18.32 18-45 18.47't LARD. Dec. 11.07 11.07 11.02 11-0214 Ja 10.73 10.75 lO.Ttf 10.70 May 10.20 10.22 10.13 10.17 SHORT RIBS. tcov 10.62 -iv.u-i' Jan 10 23 10.R0' 10.25 10.25 kav ..... O.S7 9.1.0 9.87 9.67 Cash quotations were a. follow.: Flour Easy. .,.. Cnrn Vi 2 velloW. S7iC: No. S, Old SI 53ic, new 46c: No. 8. oldj 6152c new 464c; NO. A yellow, oia a"n new 474Sc; No. 4, old 4850c, new 44 46c; No. 4, old 4649c." new 444c; No. 4 yellow, old 53 c; new 4446c, Rve Vn. 2 60tf?61C Barley Feed or mixing, 45 50c; fair to choice malting, bsianuc. Timothy seed 133.75. .Clover seed $13 17.50. Pork Mess. 17.2517.50. Lard In tierces. $11.25. Short ribs Loose, 10.2 11.25. r;re.ln statistics: Total clearances of wheat and flour were equal to 456.000 bushels. Exports for the week, as snown oy israastreeL were riuki to 6,115,000 bushels. Primary receipts were 1,636.000 bushels, compared with 687,000 bushels the corresponding day a year" ago. Estimated receipts for tomorrow: wheat, 52 cars; corn. 308 cars; oats, 197 cars; hogs, 15,000 head. . Hop. at New York. NEW YORK. Nov. 22. Hops, steady. To those who have studied the street - paving problem from every standpoint, N BARBER ASPHALT always conveys more than a mere impression of durability and satisfaction. TRAVELERS GTJIDK. TAKE THE SEA TRIP FROM SanFrancisco to Los Angeles 8.S5. BOUND TRIP 15.70 To San Diego f 10.00. ROl'ND TRIP f 18.00 Oolng South this way will break the mo notony of land travel and will enable you to see the Exposition City. Take either the Yale or Harvard They're the fastest boats flying the American flag and offer freedom from smoke, noise and dirt. For folders and reservations apply to PACIFIC NAVIGATION CO., 680 Market St. 66 Market Bt. ' KM Francisco, Cal. Loral Agent, FRANK BOLLAM, 128 3d St., Portland. COOS BAY LINE STEAMER BREAKWATER sails from Ainsworth Dook. Portland, at t yt October 80, and thereafter every Tuesday evening at 8 P. M., Freight received daily except Tuesdays up to 5 P. M-; Tuesdays up to 8 P. M. Passenger fars first class, $10; second class. $7. Inoludlng berth and meals. Ticket office St Ains worth Dock. Tho Portland Coo. Bay 89 Line. II. J. Mohr. Agent. (SKI SPSS ARE YOU By a transaction exchange? LUMBERMENS National bank , Corner 5 th and Stark RESOURCES iC MILLIONS capital I From the day of $1,000,000 its opening down to the present time, the business of this bank has gone forward without interruption. But never, before has it been so well prepared to meet and satisfy the needs ot its patrons as now. Attention to the minor details has contributed largely to the success of this institution. UNITED STATES I surplus NATIONAL BANK $1,000,000 THIRD AND OAK. LADD &TILTON BANK Established 1859. Capital Stock 2'2M 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, Asst. Cashier. Edward Cooking-ham, Vlce-Pres. J. W. Ladd Asst. Cashier W H. Dunckley. Cashier. Walter M. CooK, Asst. Cashier. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tho Rocky Mountains TRAN5.ATI.ANTIC LINES WHITE STAR LINE -. . w York Qucenstown Liverpool. Celtic ....Dec. 5 Cedrlc Baltle ....Dec. 19 Megantlc, Dec. 24 N. Y.PIymouth Cherbourg-- Southampton Majeetlc. Dec 7 'Phllarte-a Dec. 21 Oceanic ...Dec. 14 Majestic ..Dec m American Line Steamer. Boston, Mediterranean. Italy. Canoplc, Dec. 12. Canoplc, jeu. x. - WMte Star-Dominion, Largest Steamers From Canada . mm t 4 foHlnnd. II nine. CHRISTMAS JSAlLirNvO S S. L.AVBENTIC 8. S. TEUTONIC IS. B. LA.AUA ' WINTER RIVIERA-ITALY-EGYPT Via Madeira, Gibraltar. Algiers. Monaco. " ADRIATIC" "CEDRIC" The Largest Mediterranean Steamers. JAX. 7, JAX. M. FEB. 1. -MAK- iv 7 JAN. 21, Fu. . "ADRIATIC" JAN. 7 Jie"nchkedd thh to Steamer In TVuinv'a OfHce, 619 Second Ave-. Main EoES Ramva? and Steamship Aenf. CUNARD Cruises Mea.ro Naple. Fnr Particular afipb THB CUNABD S. S. CO. Ltd.. 21 TRAVEI-EBS' GCTDB. West Indies. Panama Canal Round South America Largest. Finest and Fastest Steamers on the East ana y cm w - For Illustrated literature apply to The Royal Mall Steam Packet Co. The ra-ilc Steam Navitratlon Co. Mr Dorsey Smith. Fifth t;t Portland, or anv S."S. Tlrket Airent. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. g-u BTery Wedneaday Alternately at P. M. N0ETH PACIFIC S. S. CO. 132 A Third St. Phones Main 1314. A 1311. PUZZLED involving foreign Consult the in I AMERICAN LINE I -v v Plvmnnth. C'hitrbourK. Southampton V v.. Plymouth, Cherboura-. Southampton ' f Ul.llarlul'a 1 lt. 21 b mm i'"- - St. Paul ..Dec. 14 Majestic. Dec. ii White Htar Line dtearaer. Atlantic Transport Line New York Ixindon Ulrert. Mlnnewaska 1J. T Minneapolis T. 2S Mlnnetonka, D. 14 Minnehaha. Jn. 4 RED STAR LINE New York Dover Antwerp. vrnonland Dec. 4 Finland ...Dec. IS 7l.oJ ...Dec. 11 Vaderland, Dec. Portland. Mnlnr. llnllfr.i. Liverpool. From. Fiom. PORTLAND. HALIFAX, . . . . Pec. 7 IX"-. 8 .... pee. 14 Pec. IS . . . . Dec. 21 Dec. 22 CRUISES PANAMA CANAL Weet Indies Mouth America " LAURENTIC" "MEGANTIC" Two Largest, Newest and Finest In the Trade. JAN. n. JAN. M, KliB. . tT.H M " ' " 28 and sh inti n ana i iwru. I "LAURENTIC JAN. 8 Bond. No Hotel or Transfer KxpenM... Moor. Hear. Telephones, Main 113 or Unsurpassed Luxury and Comfort Madeira. Gibraltar, AlflUrs. Monaco, Naples, AleMa "LAC0NIA" January 4 'CAE.0NIA" Jan. 30, Mar. 15 4 rroPOVERS permittid a I.A CARTS -imv' T FWRESS SAILING JAN. t . Alexaao x - a, to Slate St, N. I, 9A, . - TRAVELERS' GUIDE. Sjj k EXPRESS STEAMERS FOR San Francises and Los Anelea WITHOUT CHANGED S S. ROSE CITY sails 4 P. !., Norember t THB SAN KRAfttlSCO POItTLAJiO 8. S. CO, Ticket Office ISa Third Sir eft. Pbuaa Uala 2000, A 26S. AUSTRALIA AND NEW ZEALAND (Union Line of X. Z.) SYDNEY VIA TAHITI AND WELLINGTON Direct throurh steamers, sailing- from Ban Francisco. Dec. 11. Jan. 8. snd every 28 days. The lino to Ibe Isles of the South Sea For reservations see Coupon Railroad Areata or address Hind. Rolph & "o.. gen eral agents. Market St., San Francisco. 4