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

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    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