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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 4, 1912)
THE MUK51G OKEUOJI1AJI. WiSUJfiSgPAr, UCCiSJlBEK 4. XS . . . . - : : " i IZZZ , ni, i I ill i ILL OPTIONS GAIN May Wheat Closes Five Eighths Cent Higher. TONE AT CLOSE IS STEADY elay In Signing the Balkan Proto- ' col Is the Cause of the Chicago AdvanceDecrease Reported in Australian Crop. i'. CHICAGO. Dee . 3. Disquiet concerning 1,. the delay In signing the Balkan protocol r maae tne wneat ntrun . " ..-,- . ... - ihiHa in tte. net ?.. advance. A falling off of 20 per cent wu reported In tne Australian crup, u Unsettled weather lifted corn, which alio Active purchasing by a leading house had v a etrengtnenins; lniiuence un m Large receipts of hogs dragged provisions .- aown. V The leading futures ranged as follows; WHEAT. :- Onen. HlEh. Low. .$ .ttK .83 .S . .81 H -S.s .87 t, CORX. .4KK .St4 .4.ST4 .48 4 .40 V .48 OATS. .31 i .81(4 ;.::t .3-2 .S3 '4 .82T HESS PORK. - , Jan 19 -I-"' l ST!i 19.27 'May 18.62'.4 1S.T0 18.C0 p ; LARD. ';rec mw it).f214 lO.STti :.jn lo.nati io.es 10.57 j.May lo.O 10.20 10.17 SHORT RIBS. '.Jan ln.22!4 10.27ii 10.22 May 30 0 P3 vi run quotations were v Flour Steady. ,-rn No. 3. old .He. new MHetTc: Xo. S white, new SHt7c: No. 2 yellow, old 54c new 46!447c: Xo. 4. new 4i'.4c old 44645c: Xo. 4 white. 445c: Xo. 4 yellow. 441j45c Rye Xo. 2. 62c Barleys Peed or mixing. 24c; fair to choice malting. S771c. Timothy seed $3 2.90. Clover seed $10 18. Pork Mess. 17.7S1. lrd In tierces. $11. Short ribs Ixose, 110-310.75. Grain statistics: Total clearances of wheat and flour were equal to 487.000 bushels. Primary receipts were 1.804.000 bushels, compared with 794. 000 bushels the corresponding day a year azo. The world's visible supply, s shown by ' Bradstreet's, decreased 1,795,000 bushels. ; Estimated receipts for tomorrow: Wheat, 80 ; cars; com. 415 cars; oats, 14S cars; hogs, 40.000 head. Dec. . Mnv July Dee. May July ' Dee. May July .4t ,4R m -4VA .31 .32 S Close. J .4 .SO1 .874 .48 4S .40 .31H .33 .33 19.27 IS. 60 10.S7U 10.37 10.17 10.22 8.90 ' Grains in San Francisco. SAX FRAXOISCO, Dec. 3. Spot Quota tions Walla Walla. Il.45Jil.46H ; "d Rus sian. $1.42 1.43.: Turkey red. $1.52 1.56; blueutem, $1.32 1.55; feed barlej $1.42 S 1-45; brewing barley. 11.30: white oats. $1.30l.r.2: bran. J23.50 S24; mid dlings. I3233; shorts. $272S. Call board sales: Wheat. December, II. 3 bid. Barley, December. $1.44; May, $1.40. Puget Sound Wheat Markets. TACOMA. Wash.. Dec 3.Wheat Blue stein. Sic; fortyfold. 78c; club mc.. Tes-terday-s car receipts Wheat. S3; barley, 4. corn, 3; oats. 5; hay. 31. SEATTLE. Wash.. Dec 8. Wheat Bine stem. 81c; fortyfold. 78c; club, .7c: red Russian. 73 He; life. 73 Ho. V'kv o receipts Wheat. 19; flour. S; barley. 10, oats, 5; hay, 85: corn. 1. Minneapolis Grata Market. MINNEAPOLIS. Dec S. Close: Wheat December. 8Uc; May. 83c. ash j No. 1 hard. S34c; Xo. 1 Northern, 816S3c; Xo. 2 Northern. 79fMc; No. 2 hard Montana. SISc; Xo. 3 wheat, ,HSi9c. Flax $1.26. Barley 405Sc SAX FRANCISCO PRODUCE MARKET Prices Quoted at the" Bay City for Vege table. Fruit. Etc lng produce prices were current here today: Fruit App'es. choice, 60c: common. 4Qc; Statement of Merchants Savings &Trust Company At Close of Business November 26, 1912 EESOTJRCES Loans and Discounts . . .$504,275.89 Stocks and Bonds 67,922.17 Furniture and Fixtures. 20,335.12 Cash on Hand and Due from Other Banks . . . 218,714.75 Total 1 $811,247.93 LIABILITIES Capital Stock Paid $150,000.00 Surplus and Profits, Less Expenses and Taxes Paid 15,257.93 Deposits, Individuals and Banks 645,990.00 Total $S1L247.93 The Canadian Bank of Commerce HEAD OFFICE. Toronto, Canada. , Established 1S76. Sir Edmund Walker, President A general banking business transacted. Interest paid on time deposits. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. Mexican limes. $305.50; California lemons, choice. 15: common. 12: naval oranges, 129 3: pineapples. 11.506 2.50. Cheese Toung America. 17911110. Butter Fancy creamery. 32Hc Eggs Store. 30c; fancy ranch. 40c. Hay wheat. S23tr24; wheat and oats. 2ie22-0; alfalfa, 12 14.50; barley, 17 19. Potatoes Oregon Burbanks. 80OS5C: Sa linas Burbanks. 11.25 1.. ".5; sweets, $1,500 1.60. Vegetables Cucumbers. $101.25; garlic. 2$3c: green pt-as. 3p9c; string beans. 5 10c: tomatoes, 75c!$l; eggplant, 4f&7c; onions, 30 40c. Receipts Flour, 5430 quarter sacks; wheat. 2305 centals: barley. 513.". centals: oats. 800 centals; potatoes. 8300 sacks: mid dlings, 10 sacks; hay, 143 tons; wool, 13 bales. - MORE DOING BOSTOX WOOL MARKET Tallies Are Holding "Firm. Except on the Cheaper Grades. BOSTON, Dec 3. A trifle more activity is reported in domestic wools, with values holding firm, except in the cheaper grades. The Inquiry for territory stock Is about the average. Territory wool sells readily both in original bags and in graded stock. Mon tana quarter-blood brings 26 cents, while Xew Mexico clothing sells for 17c Medium Ohio fleeces are quoted at 80c to 31c. Michigan unwashed wool sells for 22c Some fairly good transfers in 'texas 12 months are reported, as well as California wools. Xearby fleeces are scarce except delaines. Texas fine, six to eight months. 5557c; fine. 12 months. 636.-c; fine. Fall. 4748c California northern. 5253c: middle coun ty. 5052c; southern, 40&49C; Fall, free, 48S50C Oregon Eastern. No. 1 staple, 640 66c Eastern clothing. 66c:-valley. No. 1. 63c Territory Fine staple, 6tf67c; fine medi um staple.. 04e65c: fine clothing, 60 62c; fine medium clothing. 57?59c; half-blood combing. 6264c; three-elghts-blood comb ing. 55958c; quarter-blood comoing, (MPD0C. Pulled, fine A. 80c; A supers, oudfisc. Metal Markets. NEW YORK, Dec 8. Copper firmer. Standard, 17.10 bid: December and January, 17 Mfin.2.1- Februarv And March. 17.12U& 17.3714; electrolytic. 17.8217.87; lake, 17.62 (17.87; casting, i7.zoir-.ii.ao. Tin easy. Spot and December, 49.50 930.00; January. 49.87 949.87ft ; February. 49.259 49.70. Lead weak. 4. 25 4 40. Spelter steady. 7.257.40. Antimony quiet. Cookson's. 10.50. Iron auiet and unchanged. Copper arrivals 115 tons. Exports this month 2,040 tons. London copper quiet. Spat i76. 13s. 9d; futures 111, 10s. Local ex change sales tin 40 tons. London tin easy. Spot 227. 5s: futures 226. 5s. Ixndon lead, flS. 2s. 6a. London spelter -. los. Iron Cleveland warrants 67s, lftd In London. Coffee And Sugar. NEW YORK. Dec. 3. Coffee futures closed steady at an advance of five to eight points. Sales. 110.250. Closing bids: December. 13.18c; January. 12.28c: February. 13.33c; March. 18.62c: April. 13.70c: May. 13.82c; June. 13.87c; July 13.91c; August, 13.92c; September and October. 13.96c. pot quiet. Rio 7.14'tc: Santos, 4.1614 a Mild quiet. Cordova 166 18c, Raw sugar firm. Muscovado .89 test 3.53c: centrifugal 1.96 test 4.05c: znolassss .89 test 3.30c; refined steady. New York Cotton Market. NEW YORK. Dec 8. Cotton futures Closed steady. Closing bids: December, 12,30; January. 12.49; February. 12.53; March. 12.3S; April and May. 12.58; June. 12.51; July. 12.46; August, 12.33; September, 11.87; October, 11.72. Spot closed steady. Middling uplands 12.85, do gulf. 13.10. No sales. NEW ORLEANS. Dec. 3. Spot cotton steady, unchanged. Middling 129s- Naval Stores. SAVANNAH, Ga.. Dec 8. Turpentine firm. 35Vfi36c: sales 371; receipts 420; shipments 926; stocks 87,600. Rosin firm: sales 2800; receipts 2011: ship ments 836; stocks 160.700. A. B, C. $.57 tt; D, $5.60; E, 15.62 ; F. G. H. I, 15.63: K, $6.45; M. $7.0; N, $7.25; WO, $7.35; WW, $7.63. European Grain Markets. LIVERPOOL. Dec 3. Closing: Wheat Spot, easier: futures. ' easy: December. 7 2i-,d; March. 7a 2d; May. 7s 3d. English country markets quiet: French country markets quiet. London Wool Sales. LONDON. Dec 3. The wool auction sales were continued today with offerings of 11,560 bales. Merinos caused brisk compe tition between home and Continental buyers and prices were firm. Victorian greasy sold at Is SUd. Medium grades were occasionally Irregular. but Statement of Condition of LUMBERMENS NATIONAL BANK OF PORTLAND At Close of Business November 26, 1912 RESOURCES Loans and Discounts $3,482,012.07 U. S. Bonds to Secure Circulation... 250,000.00 Other Bonds and Premiums 876,899.25 Furniture and Fixtures 25,000.00 Due from U. S. Treas..$ -12,500.00 Due from Banks....... 632,143.51 Cash on Hand 879,793.85 1,524,437.36 Total .....$6,158,348.68 LIABILITIES Capital - .$1,000,000.00 Surplus and Undivided Profits 148,998.80 Reserve for Taxes ................ . 18,250.00 Reserve for Interest 9,750.00 Circulation - 250,000.00 Dividends Unpaid 67.50 Deposits 4,731,282.38 Total ...... $6,158,348.68 Nov. 26, '08. Nov. 26, '09. GROWTH OF DEPOSITS ..$1,317,506.51 Nov. 26, '10.. .. 2,286,557.50 Nov. 26, '11.. Nov. 26, '12. ..... ., 4,731,349.88 3,121,813.98 4,260,734.01 crossbred ware strong were small. Statement of Condition of tne Hibernia Savings Bank , of Portland, Oregon At Close of Business, November 26, 1912 RESOURCES Loans and Discounts . .$1,666,114.60 Real Estate, Banking-House Furniture and Fixtures 67,526.97 Stock and Securities ' 453.30 Bonds and Warrants ' U. S. Gov 'mt 4 Per Cent Bonds. ....$ 56,187.50 , City of Portland Imp'vmt Bonds. . . 295,418.87 Other Bonds and Warrants 11,274.70 362,881.07 Cash on Hand and Due from Banks 618,040.88 LIABILITIES $2,715,016.82 Capital Stock $ 20'-M Surplus and Undivided Profits 100,641.44 Dividends Unpaid 160-00 Savings and Time Deposits $1,489,850.12. Demand Deposits 924,365.26 Total Deposits 2,4.4,215.38 OFFICERS AND DIRECTORS $2,715,016.82 'Andrew C. Smith.... President Lansing Stout Cashier Frank E. Dooly Vice-Pres. C. B. Sewall Asst. Cashier John Driseoll E. C. Goddard and withdrawals Daluth Unseed Market. DULUTH. Dec 3. Closing: Linseed, on track ana to arrive, si.zot; uwemow, $1.25u, bid; January. $1.26tt hid; May. $1.30tt bid. Hons at New York. NEW YORK, Dec. S. Hops steady. Statement of Condition The First National Bank of Portland, Oregon At the Close of Business, November 26, 1912 RESOURCES Loans and Discounts $ 8,489,101.19 U. S. and Other Bonds 3,398,986.58 Real Estate 70,000.00 Cash aud Exchange 4,682,355.00 $16,640,442.77 ' . LIABILITIES - Capital Stock ...$ 1,500,000.00 Surplus and Undivided Profits .:. 1,075,641.35 Circulation 1,352,245.00 Deposits 12,712,556.42 $16,640,442.77 Condensed Report HARTMAN&THOMPSON BANKERS At the Close of Business, November 26, 1912 RESOURCES Loans and Discounts ; ........01,558.68 Stocks and Bonds Q ' Furniture and Fixtures Cash on Hand and Due from Banks. 141,ol.o.l ' $491,125.54 LIABILITIES Capital ' $100,000.00 Surplus and Undivided Profits JHoo Deposits dbiy-.u ' ' $491,125.54 STATEMENT OF CONDITIONS, of Security Savings and Trust Company Portland, Oregon. At close of business November 26, 1912. RESOURCES: Loans ; $6.41 8.961.92 Bonds, warrants 1,206,544.97 Real estate None Customers' liability under letters of credit.. 26,762.00 Cash and due from correspondents 1,985,893.85 -" $9,638,162.74 LIABILITIES. Capital ..........'......$1,000,000.00 Surplus and undivided profits 603,634.66 Letters of credit 38,082.24- Reserved for taxes - 19,755.00 Deposits 7,976,690.84 , $9,638,162.74 Report of the Condition of the Scandinavian-American Bank . At the Close of Business Nov. 26, 1912 RESOURCES Loans and Discounts $ 644,083.95 Stocks and Bonds 110,445.84 Overdrafts ......... - 130.84 Real Estate, Furniture and Fixtures 23,763.56 Cash and Due from Banks 297,167.48 Total .........'........-.$1,075,591.67 LIABILITIES Capital Stock MJgJJJ Surplus and Profits - 24,3 Deposits 951254-66 Total ............ ....$1,075,591.67 CONDENSED REPORT OF THE CITIZENS BANK Portland, Or, at the Close of Business, November 26 1912. RESOURCES: aLand due fT.::::::::'..'!SS CitTof Portland Bonds.- 7KoO Eeal Estate and Fixtures 4,500.00 - $752,867.87 . LIABILITIES: ' Capital paid in $100,000.00 Surplus and profits 16,918.14 Deposits .- 635,949.73 . $752,867.87 Report of the Condition of Portland Trust Company of Oregon At the Close of Business November 26, 1912. RESOURCES Loans and Discounts . .$1,667,461.66 Bonds and Stocks 590,132.26 Real Estate, Furniture and Fixtures 174,975.65 Cash on hand and due from Banks 918,157 15 $3,350,726.72 LIABILITIES Capital Stock paid in $ 300,000.00 Surplus and Profits, less Expenses and Taxes paid 95,995.15 Deposits, Individuals and Banks 2,954,731-57 $3,350,726.72 OFFICERS. H. L. Pittock President, F. W. Leadbetter, Vice-President, Emery Olmstead, Vice-Pres. and Manager, H. W. Hawkins, Secretary, Edgar H. Sensenich, Cashier. DIRECTORS. H. L. Pittock, Chairman, J. D. Farrell, J. Friedenthal, Emery Olmstead, F- W. Leadbetter,' John Twohy, A. F. Flegel. Dr. A. S. Nichols, L. B. Menefee, Condensed Report of The United States National Bank Of Portland, Oregon Submitted to the Controller of the Currency at the Close of Business Nov. 26, 1912 . -. . ASSETS Loans and Discounts $ 6,590,817.95 United States Bonds at Par 1,050,000.00 Municipal and Railway Bonds. , 1,478,019.63 Bank Building 125,000.00 Cash and Exchange 4,531,391.09 Total .............. , $13,775,228.67 LIABILITIES Capital $ 1,000,000.00 Surplus and Profits - 1,095,186.15 Circulation 800,000.00 Deposits 10,880,042.52 Total $13,775,228.67 REPORT OF THE CONDITION of , MERCHANTS NATIONAL BANK WASHINGTON AND FOURTH STS., PORTLAND, OREGON. At the close of business, November 26, 1912. - RESOURCES: . . Loans and discounts $1,907,245.57 United States, bonds 400,000.00 Other bonds, stocks and warrants 562,515.83 Real estate and mortgages : 10,037.69 Furniture and fixtures 31,984.56 Banking premises 87,912.90 Cash and due from banks 1,139,373.40 $4,139,069.95 LIABILITIES: Capital stock $ 500,000.00 Surplus and undivided profits 119,578.48 National bank notes outstanding 250,000.00 Dividends unpaid 711.75 Deposits 3,268,779.72 $4,139,069.95 UNDER GOVERNMENT SUPERVISION: Deposits November 26, 1911 $2,743,616.97 Deposits November 26, 1912...". ..... 3,268,779.72 Gain $ 525,162.75 Statement of Condition of Ladd & Tilton Bank At the Close of Business November 26, 1912. RESOURCES Loans and Discounts $ 8,266,467.70 Bonds and Stocks 3,699,244.50 Customers' liability on Letters of Credit.... 58,733.10 Real Estate 70,000.00 Cash on hand and due from banks ; . . . 3,968,272.39 $16,062,717.69 LIABILITIES Capital Stock $ 1,000,000.00 Surplus and Undivided Profits 1,096,443.72 Reserved for Taxes 30,000.00 Letters of Credit 58,733.10 Deposits 13,877,540.87 . . $16,062,717.69 THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco ' Founded 1864 Capital Paid in. $8,500,000 Surplus and Undivided Profits 7,925,347 Commercial Banking and Savings Department ' PORTLAND OFFICE Third and Stark Streets 4'