Morning Oregonian. (Portland, Or.) 1861-1937, December 12, 1912, Image 21

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Morning Oregonian., December 12, 1912, Page 21, Image 21

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Newspaper Page Text21 T1TE MORNING OREGOIAN. THURSDAY, DECEMBER 13, 1912. EGG SLUMP SEVERE Market Declines Nearly Ten Cents in Two Weeks. STOCKS ARE ACCUMULATING Ilrtuk in the East, Where Storage GhuI Being Liquidated, Unsettles Prices in All Parts or the Country. There was a decided slump in the Front street gg market yesterday, prices have b"en weakenlne for several Aarx and with stocks rapidly accumulating, prices were cu right and left. Even' the drastic reductions made by dealers failed to move the eggs. Ef fort made tq unload on the Sound did not succeed. From a 45 cent market at Thanksgiving the prices dropped steadily until 40 cents was reached on Tuesday. That was still the quotation yesterday on the best candled Oregon in single case lots, but it was the outside figure. Eggs were freely offered at 38 and 37& centsi and there were also sales of current receipts at 86 cents. This latter figure was the prevailing price one year ago yesterday. Unless the weather turns off cnld and stormy, it Is difficult to see why prices should not decline farther. The liberal re ceipts Indicate that the pullets have begun to lay freely, and as it Js known that coun try flocks are larger than they were last year, a heavier output can be expected. The weakness of the Eastern storage markets has unsettled gg prices all over the country. Fancy Nebraska Aprils were offered to the trade yesterday at 30 cents f . o. b- There Is a general liquidating move ment of storage stocks now on, and until the movement la completed the market Is almost certain to remain weak. According to figures received the storage stocks at New York and Chicago on No ember 30 were as follows: At New Tork ' Cases. .2,000 .45.VOO0 .280.000 Cases. .n:i2.ono .filO.Of'O ..140.0410 .370,000 Clow of November, UM2 Close of November, lull Output, November 1112...... Output, November, 1011 At Chicago Close of November. 1I12 CI mm of November, 1. . . . . Output. November, Output. November, lull The American Warehousemen's Association reported at the time of largest holdings this year, August 1. 325S cases. The associa tion's report covers only about 25 to 30 per cent of the total eggs stored in the Tnited states. The capacity of alt the egg storage plants In the country is about 12. ono.ooo cases. HIVING OF HOPS. IS NOT EASY. Several Hundred Bales Secured at 13 to 15 Cents la Oregon. Several hundred bales of hops were sold yesterday at prices ranging from 12 to 15 cent!. The demand was good, but buying was difficult. P.iufre Farrar bought 200 bales In the Aurora stction, Mishler & Gribble bought 45 Italia from Arthur Keil at 15 cents, and part of the McGlbben lot at 14 cents. There were only 1710 bales left unsold in the Au rora section yesterday. Eighteen cents was paid a grower for 250 bales of Takima hops. The California market according to wires received, was very active and growers were strong. The buyers were Wolf & Netter, ponovan, Richardson and the Uhlmanna. "Purchases made included ISO bales of me diums at 12 4 cents and 200 bales" of choice at 35 cents. For faulty Sonomas 12 i to M cents was paid. Sixteen cents was paid for medium Mendocinos and 1 7 cents was offered for prime Mendocinos. Market conditions In England, according to the Kentish Observer of November 28, were as follows: The demand continues steady at the low er prices recently accepted by growers. It is alleged that the reason why the large growths of Eat and Mid Kents fall to com mand the prices that were expected is be cause the quality is so very various. There has been a large business in the choice qual ities of foreign hops, which are still eager ly sought after In the Borough. Pacific Coast bops continue to arrive in consider able quantity, but the absence of choice grades restricts business. Merchants' quo tations of brewers are: English, 1012. 5 5s to 7; Continentals, 1912. 5 to 8; Pacifies, 1012," 5 5s to 7 per cwt. At Worcester there is a steady trade for the cheaper qualities at about late rates. Choicer sorts sell slowly, even at the re duced range of values. Pome growers have withdrawn their samples until the New Year. There have been 13,531 pockets weighed 'down to Saturday last. WOOL COXSCMTTIOV wnx be great, Mannfa-turer Preparing for Next Season's Needs Foreign tttocks Scarce. Commenting on the mool supply of the present and former years, a leading Boston dealer tcUs the American wool and Cotton Reporter that sumo large mills, which have heretnfm-e bought woo! direct from the wool grower each year to run -them Into February of the following year, have bought heavily already, indicating an inordinate consump tion of wool this year. Reports from European markets and from Australian sales, also from South America, uniformly point to a scarcity and higher prices for wool, The only relief for the mil men and at best not very important, that ran be found for the present season, is In the excessive slaughter of sheep which Is reported from the Western markets, tho pelts of which will give a larger supply of pulled wools, but will reduce the pound weight of next year's clip. The reports from these markets show a heavy demand for mutton and prevailing prices that are a ' strong Inducement to the ranchman to sell his sheep. The reports aro that six mar Ketrf have already received 12,000.000 head of shi-ep for slaughter. 1 t TKAXHNli IN WHEAT OF sMALLVOLl'M Buyers pay 7 Cents for Club Farmers Are Mow Sellers. Wlier.t buyers paid 7s cents for small lots .f rlub yesterday. Very little wheat was on the market- ami farmers appeared lndif f ere nt. The demand was not particularly keen in any quarter. Oats and barley were quiet at unchanged prices. Local receipts, in cars, were reported by ilie Merchants Exchange, as follows; Wheat Barley Flour Oats Hay Mondiv 13U 24 Itf 5 13 Tuesday 5S l:: :i 4 8 Wednesday - 41 1 7 4 5 Year E S' 2 7 4 13 Season to date.0S27 127.", 1014 $t;2 109 Ye.tr a0 .7045 16 11:11s 849 3SH DEMAND FOB WILD AME EASES IJve Poultry Sells Well at steady Prices. Pork Market Improving;. The demand for wild game has fallen off sharply, as consumer appear to have had nil they want. Mallards sold yesterday s:.i:.rrf. widgeon at ft 3.50. teal at 2 2. ".'- and geese at f3. There was a good trade In live poultry with moderate receipts. Hens and springs sold at V'frlSH cents and other kinds at unchanged j.ces The p.?rk r.T-iket Is gradually recovering, with lighter arrivals. The best light of ferings sSd ;sterriay up to 10 cents. Veal wn in snail triply anri firm at 14 cents. Putter and cim. were quoted firm and un h-.ingcd. lie Iter lcmnI for Fruits and Vegetables, Tho fruit and vegetable trade recovered well yestet-ilay from the quietness that pre vailed on the two preceding days. Buying was active in all lines and stocks were re duced in a satisfactory way. ' Anions thfc arrivals was a mixed car of vegetables from Los " Angeles, containing boons. lettuce, radishes, green onions, egg- plan', peppers, etc. A car of celery was also received. Bank, Cleariags. Bank clearings of the Northwestern cities yesterday were as follows: r-learinirs. Balances. Portland- 1076.515 4 i2-4 Seattle 2.sm!s.m Tacoma - 7S1.240 11,24 Spokane 77,452 PORTLAND MARKETS Grain, Floor. Feed. Etc. WHEAT Track prices CIub,,7Sc; blue- stem, SI & 82c: 4U-I01U, ic; reu nuuian, 76c; valley, eve. FLOCK Patents, , $4.30 per barrel .lr.i.htfc xxi0: exDorts. 43.00 3.70: Val ley, $4.30; graham. $4.20; whole rrheat. $4.40. BARLEY Feed. $24 per ton; brewing, nominal: roiled. S2&2S per ton. rnp v who'.. cracked. S37 oer ton. MILL43TUFFS -Bran, $23 per ton; shorts. i2.i ner ton: middlings. 30 ner ton. HAY Timothy, choice, $17 6-18; mixed Eastern Oregon timothy, $12$ 15; oat and vetch. $12; alfalfa, $12; clover, siu; straw $J&7 OATS No. 1 white, $26 per, ton. - Vegetables and Fruit. FRESH FRUITS Apples. 50 $1.00 per box: pears. Tot ? $1.50 per box; grapes, fl.eo p-r box; Malagas, $S per barrel; cranberries, $U-60 per barrel; casabas, $2-50 per dozen. POTATOES Jobblnr Drices: Burbanks 60 ,760c per hundred; sweet potatoes, 2 He per pound. tropica t ranrTS Oranges; Navels, $2.5O3.50; Florida, $4: Japanese. $1 per bundle; California irrapefruit, $3& 3."0; Flor ida grapefruit, $4.25; lemons. $6?tf.50 per dox; pineapples, tic per pounu; iurSiaU- iito, - per dux; pcrBiniiuwuo, " tangerines, $2.25 per box. o'ins rin-cnn oor fi? II oer sack. SACK VEGETABLES Turnips, ' 73c per sack; carrots, 75c per sack; beets, 75c per sack: parsnips, 75c per saca. VEGETABLES Beans. 12c; cabbage, le per pound; cauliflower, $1.75 per crato; eelery, $3 3.25 per crate; cucum bers, 5060c per dozen; eggplant. 10c psr nnMFirf- lottnr- $2.25 per crate; hothouse lettuce. 50c$100 per crate; peas. 12 per pound; peppers. 10c per pound; radishes. 1520c per dozen; sprouts, 8c; tomatoes, $1.50 per box; garlic. 5oc per pound; pumpkins. lKo per pound. Dalr and Country Produce. EGGS Fresh locals, candled, 37H40c per dozen: Eustern, 22H 27 Vac. CHEESE: Triplets. l!)c per pound: dais ies, 194c: Young Americas, 20fcc per pound PI'TTrR nrovnn ffnmtT- butte'r. CUbeJ 374c per pound; prints. 3Sfc;39c per pound. PORK Fancy, ic per pouna. VEAL Fancy, 13 ft & 14c per pound. pniu.TPV uom turn, izniv.: broilers. 13 21Ssc; turkeys, live, 20c; dressed, choice. 223c; ducksv I2',ii4c; geese, - 7t 1 staple Groceries. kalmov Columbia River.' one-pound tails. $2.25 per dozen; half-pound flats. $1.40; one-pound flats, $2.45; Alaska pink, one-pound tails. 85c; sllversides. one-pound tails, $1.25. COFFER Roasted. In drums, 24 040c per pound. HONEY Choice. $3.25 3.75 per case. 1 NUTS Walnuts, 18c per pound; Bra- J all nuts, 12ft 15c; filberts, 14015c; al- , monda, 38c; peanuts. 66ftc; co- i coanuts, 90c $1.00 per dozen; chestnuts, lie 1 per pound; hickory nuts, 6010c; pecan. , 17c; pine, 17ft 20c. BEANS Small white, 5.40c; large white 45c; Lima, 6ftc; pink. 4.70c; Mexicans, 6c; ; bavou, 4.05c, SUGAR Fruit and berry $5.V5; Honolulu ; plantation, $5.70; beet, $5.55: extra C, $5-20'. powdered, barrels, $6; cube, barrels. $-! SALT Granulated, $14 per ton; half ground 100s, $9.25 per ton; 60s, $10 per ton; dairy. $12.50 per ton. RICE: No. l Japan. &5c; cheaper grades, 4ftc; Southern head, &". DRIED FRUITS Apples, 10c per pound: npricoti, 12 14c, peaches, 8 He; prunes, Italians, 810c; silver. 18c; figs, white and black. 6ft 7c; currants. Sftc: raisin looae Muscatel, 647ftc; bleached, Thomp. 11 He, unbleached Sultanas. 8ftc: seeded. 7ft 8ftc; dates, Persian, Tfto per pound; fard, $1.05 per box. FIGS Twelve 30-ounce, P5c; 00 e-ounce, $1.85; 70 4-ounce, 2.25; 30 10-ounce. $2.25; loose. 60-pound boxes, 6tt 7o; Smyrna, boxes, $1.10 1.25; candied, 101S& Provlft ons. HAMS AU alzea. 18l$c; picnics, 15c; skinned. ISftc; boiled, 27a BACON Fancy. 2izso; cnoice, zuvau. LARD In tierces., choice. 14c; com pound, flftc. DRY SALT MEATS Regular short clears, :3ft 16c: short clear backs. 12 to 16 lbs., 13ft 16c; short clear packs, 18 to 35 lba. 18ft15c: exports, 14c- plates. 10llc, BARRELED BEEF Extra mess beef. $14; mess beef, $18; extra plate beet, $17.60; plate beef. $17.60; rolled boneless beef, $30. BARRELED PORK Best pig pork. $23; brisket pickled pork. $28.- Hope. Wool and Hides. HOPS 1912 crop, prime and choice, 16 13c per pound. MOHAiK Choice, 32c per pound. FELTS Dry. 13 14c; butcher, $1135 hnrt wool. 7;ftlOc. WOOL Eastern Oregon, ' 1418o per pound, according to shrinage; valley, iia 22 fte ner nound. HIDES Salted hides. 13c per lb.; salted calf, ISq; salted kip, 1814c; green bides. 12c; dry bides, zzzsc; ary can, io. L 25c; No. 2. 20c; green stags, 6ft 7c. CASCARA Per pound. 4ft 4e; car lots. K 4 5c Linseed OH and Turpentine. LIS'SEKD OIL Raw. barrels. 50c: boiled. barrels, 32c; raw, casus, 55c; boiled, cases 5 1 c. OIL MEAL Carloads, $37.50 per ton; less than carloads. S4t per ton. TURPENTINE Barrels, 54ftc; cases, 57c. New Tork Cotton Market. NEW YORK. Dec. 31. Cotton Spot closed steady. Middling uplands 13.00; mid gulf. 13.25. No sales. Futures closed steady. 10 to 15 points higher. December 12.o2, January 12.62, February 12.62. March 12.70, April 12.66, May 12.66. June 12.63, July 12.63, August 12.54, September 11.91, October 11. 80. NEW ORLEANS. Dec 11. Spot' cotton. firm. Middling, 12 c. Hops at New York. NEW YORK, Dec. 11. Hops Quiet. DR. BUTTERICK IS GUEST Secretary of Rockefeller Board for Colleges Visits Willamette. WILLAMETTE UNIVERSITY, Sa leva. Or. Dec 11. (Special.) Dr. Wal lace Butterick, of New York City, sec retary of the Rockefeller General Edit cation Board for Colleges, passed the greater portion of the day in Salem visiting WIliametteTJniversity, as the guest of President Homau and the board of trustees. A number of prominent Salem citi zens, together with President Homan and members of the board of trustees of Willamette University tendered a luncheon to the distinguished educator at the Marion Hotel during the noon hour. During the afternoon Dr. Butterick took a trip by automobile into Polk County, in order to inspect tirst hand the work of the Oregon rural school system as advocated and encouraged by State-Superintendent of Schools Al derman. Superintendent Alderman showed Dr. Butterick how children in the Oregon rural schools are inspired to raise chickens, vegetables, flowers and at the same time to make more rapid scholastic advancement by the aid of these profitable diversities, than if eliminated. Dr. Butterick was accompanied by President Foster, of Reed College, who took especial delight in visiting Wil lamette, commenting upon old Willam ette's splendid past and more promis ing future. Among other remarks made by Dr. Foster in comparing Wil lamette and Reed College was that Willamette has her traditions, but we at Reed College must build ours." Dr. Butterick left on the Shasta Limited for California, where he will inspect several educational institutions in that state. American coal is rapidly finding favor in foreign l&n.ls, the exports having increased 5h0 ier -ent in 2 years. About $75,000,000 wurtU passed out in the last fiscal year. STOCKS GIVE WAY Attack on Union Pacific Breaks the Entire List. SHARP RALLY NEAR CLOSE Large Holders of Union Unloading and Buying in Southern Pacific, ' Which Holds Steady. Money Kates Easier. XEW TORK. Dec. 11. Union Pacific was the storm center of an attack on stocks to day. While the selling was at its height In the early afternoon, the market was In a seml-panlcky condition. Union Pacific lost 8 points and other leading, stocks were acutely weak, althougn tneir aecunes wero less severe. Blocks of thousands of share changed hands in rarid succession and in one hour 3t!8.000 shares were traded in. The day, total was 1.2ii,ri00- shareB. . During the morning session the market presented a more cheerful front and prices rose, a number of the leading issues "gain ing a point or two. The storm broke shortly after noon, with a sudden assault on Union Pacific, which bore it down 5 points. After a rally and a brief period of dullness pressure was renewed with greater force and tho market gave way under the strain. Trading was most active in Union Pacific. Reading and Steel, the three great specu lative leaders, and transactions In these is sues made up about two-thirds of the total. .During tho entire afternoon the market was feverish, with wide fluctuations and a .ham rnllv toward thn close. Union Pacific sold down from 162. the high point of the day. to 133, within or tne low Drice since 1010: Reading from 16S14 to 102; Stael from 6ti to S, Amalgamated Cop per from 7Q to 734 and Lehigh Valley from WO to 144. In the remalndes of the list the downward movement was more orderly and the losses were less severe. various disuutetlng rumors were neara, but thev were accented as the usual accom paniments of such a movement on the stock exchange. The tact that union Htcmc oore ino oruni of the selling gave rise to the theory that large holders of that stock were unloading on acccount of the Harrlman merger decis ion and were buying Southern Pacific, a stock which held comparatively steady. Money rates were easier today. anK8 showed a further loss .in operations with the Sub-Treasury, the outflow amounting to $4.370,00t for the week thus far. The Dona market weaaenea alter an eariy display of firmness. Total sales, par value. 2,5rt5,000. United States bonds unchanged on call. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson &. Co.. Lewis building, Portland. Closing Sales. High. Low. Bid. Amal Copper 7tj TJVt 71 Am Beet Sugar. 3.500 50 48 American Can.. 10,100 28 2 27H do preferred.. 30O 114 115 113 Am Car 4t Fdy. 1.20O 5 oj 53 Am cotton oil.. 2,uoo ;4t Am Smel Ref 14,SK 7U do preferred.. 1J 303 American Sugar 2.700 11(1 11SH 313i4 do preferred lio Am Tel & Tel.. 1,400 ISO 13791 lo7 Am Tobacco ... 1.80O 285 251) 25S Anaconda 8,100 34 3714 37 Ail Coast Line.. 00 137!i 136ft 1V AT Santa Fe 10,000 108 104 !4 105 do preferred.. 400 101 101 101 Bait & Ohio . . 3.300 104 ft 103 ft 103 ft Brook R Tran S7'i 85?i S!4 Canadian Pac .. 17,200 23ft 255ft 238 C t O 4.4UU 7814 77 77 C & G W '. MOO 17ft 10 lft C & X W 13ft 134ft l4ft C, 31 & St Paul.. 16.100 112 10ft 110ft Central Leather 2,700 27 ft 26ft 26ft Central of N J 3."S Chino 19.400 42 K. 38 ft S Col Fuel & Iron. 3U 3094 . 32ft Col Southern 34 Consol Gas 6.70O 138ft 13 13ft DL&W 050 D R G 200 20ft ft 19 Distillers Secur. 2.S00 21 1 20 10 Erie S.ttOO - :!2i 30 ft 31ft Genera! Electric 2.700 182ft . 171ft 180 Gt North Ore.. .30 41ft 4)Vi 40ft Gt North pr 1O.40O 134ft 132 13294 Illinois Central-. 200 125 ft 125 125 Interbor Met ... 7,100 17ft 13ft 1694 do preferred.. 11.1O0 fll'.i 55ft 5S Inter Harvester. 2,000 111ft 105 ft loe K C bouthern 20 Lehigh Valley.. 27.7O0-170 l4ft 160!i Louis & isasn.. l,.j" 14 4 i:oft 130ft Mexican Central 300 27 ft 27ft. 20 ft M. a r & s n m in i-i& 13V Mo, Kan & Tex. 1,000 26ft 2574 254 Mo Pacific 6.500 4194 4094 4074 National Lead.. 20 55 543 5494 aat .Biscuit .... j,.-uo izo in no do preferred.. 10O 122 X -T Central ... 3.70O 110 10894 10894 N Y. Ont & Wes 300 32 31ft 30 Norfolk & West 1.000 112 111 110ft ortn American m ku Northern Pac .. 15.300 120ft 1177s HSft r-acinc Alan .... .to zi Pacific TAT.. 600 46 45 ft 45 ft do preferred it" ft Pennsylvania ... 13.5O0 121ft 110ft 120 People's Gas ... 1,700 111 100ft 10"4 Reading 197.O0O ljiSft 162 l4ft Republic 8 A I. 2T700 24ft 23ft 23!, Rock Island Co. l.Ooo 23 94 23 22 94 Southern Pac .. 45,100 ltoft 107 108ft Southern Ry .. 2.000 28 27 ft 27 ft Texas Oil t.lOO loo 100 107 Union Pacific ..243.000 l2ft 15.7ft J." do preferred.. 000 ! M0 ft ft United Rds S P 800 37 ft :t sn ft U S Steel 24.400 6Kft 39i 4ft do preferred.. 4.600 1094 107ft 107 Utah Copper ... 12.200 5894 54ft 5594 Wabash 100 4ft 4ft 4 Western Union.. 30O 74 73 72 ft Westing Elec .. 2.100 77ft 75ft 7Sft Wisconsin Cent 49 Total sales for the day; 1,279,. 600 shares. BONDS. Reported by Overbeck A Cooke Co., Board of Trade. Portland. Bid. Asked. Amer Tel A Tel conv 4s 108 109 American Tobacco 6s 12M .... Alrhlson general 4s ! WSft Atchison conv 4s 105ft 105i Atchison adj 4s stamped 7ft 8794 Atchison conv 5s 105ft 10594 Atlantic Coast Line cons 4s.... 93ft !16 At Coast Line "LA N coll" 4S. 91 HI ft Baltimore A Ohio 3fts 90'5 t Baltimore A Ohio 4s 97 07ft Brooklyn RngM Trnn.lt 4 81ft 88 Notice to Holders of V Lewiston Land & Water Company 7 Coll. Trust Gold Notes Particular attention is directed to the fact that holders of the above mentioned notes have the privilege of exchanging the same at matur ity for LEWISTON LAND & WATER COMPANY 7 PER CENT REFUNDING GOLD BONDS at par and interest, and in this way can secure a sound and profitable reinvestment immediately. During the past twelve months we have placed among a very con servative class of investors approximately . $600,000 LEWISTON LAND & WATER COMPANY 7 PER CENT REFUNDING GOLD BONDS and iinhesitatingly recommend the same. Descriptive circular containing detailed information regarding the bonds fui-nished upon application. MORRIS BROTHERS Railway Exchange Building, PORTLAND. The Lewiston Land & Water Company 7 per cent G-old Notes, due December 15, 1912, above referred to, will be cashed, if desired, upon presentation at our office on and after maturity. t . Car Southern first 5s Chesapeake A Ohio 4fts C B A Q gen mtg 4s. C B A Q joint 4s C B A Q Ills 4s... C B A Q Denver 4s.. ..... Central Pacific first 4s Chicago A East Ills 4s Chicago P. I A P ref 4S Chicago R I & P Col trust 4s. Colorado A Southern first 4s. Denver A Rio Grande 4s Del A Hudson conv 4s. ...... Erie first cons P L 4s Int Mtt 4fts Japanese 4s , Japanese first 4 ft s Japanese secc-nd 4fts Louisville & Nashville unl 4s. Mo Kan A Tex 4fts.' Missouri piclfic 4s New Tork Central 3fts New York Central L S 3fts.. New York City 4s New York City 4fts of 1957... Norfolk A Western 4b Norfolk A Western conv 4s... N Y Ont A W 4s..". Northern Pacific P L 4s Northern pacific 3s Oregon Short Line 4s. ... Oreson Ry Jc Nsv 4s Penna Ry 4s of 194S Philippine Railway 4s Re.idlng general 4s Republic of Cuba 5s......... Southern Pacific first ref 4s.. Southern Pacific col 4s Southern Railway 4s St L & S F ref 4s Union Pacific first 4s Union Pacific conv 4e Union Pacific lef 4s United States Steel P F ) United states 2s registered... United States 2s coupon United S'-ues Ss registered United States 3s coupon. .... United States 4s registered United States 4s coupon United Railway S F 4s Wabash first 4 - - Westinghouse conv 5s. ........ Western pacific 5s............ West Shore 4s ..-44ft 100ft .. 8ft Wft ..94 ft 94 9. .. 95 Soft .. S9ft SS1 .. 4ft 9494 .. 94ft 94 S .. 77ft 79 .. 86ft SI .. 64 64 ft ,. 93 93 Ji .. 87ft .. 97 U7ft .. 85 SS .. 7894 7S .. S2ft 84ft .. 90ft 91ft .. S9ft 90 .. 9694 97 .. 85 4 87 , . 70 ft 71 .-. 85 ft M .. 7Sft 79ft ..91 92ft ..103ft 105 . . 96 9ilft ..111 112 . 93 94 9t ,. 97ft 98 .68 8ft .. 91ft " 194 02 ft ..10194 1'- .. .... S6ft .. 96ft 96ft ..102ft 102ft .. 93 93ft . . 92ft ' 93 .' 75 75ft . . 89 1 99 .. 9i;9i 97ft .. 95ft , .10094 101 , .100ft 101ft ..100ft 101 . .102ft 103 ...102- 103 .11394 H4ft .11394 IMS . K9 70 . 64 65 . 924 93 . SSft 8494 . ns 38 v4 Stocks at Boston.. BOSTON. Dec' 11. Closing quotations: A'f Copper.. UK iNavada Con .. 18ft A a Lt pin... ' rj. -.iKwu.wp, - Arizona worn .. - P f r:w" 2 5..- Kff fiT IniH Dominion... 50W. Cal A Hecla. .".'.510 (Osceola WO uenlenniai i7s wm...w - Cop Ran Con Co 49 IShannon ... JIM: E Butte Cop M. 13 94! Superior ....... . 4i Franklin 8 (Sup A Bos Mln.. 1ft Giroux Con .... 3 ft ITamarack .... . . liranDy c on . . . - w o . - - - Greene Cananea. b do preferred... 49 I Royalle (Cop) 2SftV'tah Con ...... 10ft Kerr Lake 2ftiUtah Copper Co. 5.;jft Line uopper. . . . i - , , ar , .. ,.n. r-nnei. r. Wolverine 67 Miami Copper... 25 ! Money, Exchange, Ktc. strong, 4&u per cent; ruuus 1 - , -cent; closing bid, 494 per cent; offered at Time loans, weaker; 60 days. 66ft per cent; 90 days. 8 per cent; six months, 5fti&6 ''close;1" Prime mercantile paper, 6 percent. Sterling exchange strong, with actual busi ness In bankers- Mils at $4.8050 for 60-day bills and at S4.S480 for demand. Commercial bills, $4.80 ft. Bar silver. 64c. Mexican dollars, 49fte. Government bonds, steady; railroad bonds. heavy. LONDON. Dec. 11. Bar silver, steady, !9d per ounce. Money. 394 4 per cent. . . . . - .4 1 fn, ahort bills is in. ri i " - , , , , -m 474 per cent; three months bills, 4 33-16 per cent. o.xt irt v-ctBrri Dee. 11. sterling on London Sixty days, 4.S094: do. sight. 'Silver bars, 64c; Mexican dollars, nominal; drafts, sight, par: do telegraph, 2c. Condition of the Treasury. 5 . rntria n.. 11 Thn condition Of the United States Treasury at the begin ning oi uumiico -- ,.,,. Working balance .............. .f B8.ss,J4S Banks ana rumnviu" i-'Sio Total general fund 14.-i.3M. 635 Receipts yesterday u'So'ssi Disbursement, on,J''""ii" Deficit tnis o... v deficit of S19.371.634 last year. The fiftures for receipts, disbursements and deficits exclude Panama Canal and pub He debt transactions. Metal Markets. NEW YORK, Dec. 11. Copper steady. Standard spot. 17.00 bid; December. H.O09 17 87- January and February, 16.87SSti.12; electrolytic. 17.6217.87; lake. 17.621.S7; casting 17.25 ?t 17.83. Tin quiet. Spot. 40.25 49.75; December, January and February. 49.2549.62. Lead quiet. 4.253M-40. Spelter steady, 7.2067.40. - Antimony quiet. Cooksons, . 10.i0. iron qutei Copper arrivals. lo.,5 tons. Exports this month, sum u-i.tuuh o. SPOt, tiff IWOi lu.uii -- - quief spot. X225; futures, f225. London lead. 18 Ws. London spelter, 26 10s. Iron, Cleveland warrant, uhuhuhbcu Coffee and Sugar. NEW YORK, Dec. 11. Coffee futures closed steady, i to o points uei mwo. a.!.. 77.750. December, 13c; January 13 1.1c; February. 13.27c; March. 13:.0c; April. 13.60c: May, 13.71c; June, 18.76c; July. 13.82c; August, 13.80c; September, October and November. 13.91c. Raw sugar Firm: Muscovado, .89 test, 3.56c: centrifugal, .96 test, 4.03c; molasses. .89 test, 3-aoc; reiuieu, mem). Naval Stores. SAVANNAH. Ga.. Dec. 11. Turpentine firm, 86c; sales. 476: receipts. 761; ship ments, 7936: stocks. 32,000. Rosin, firm; sales, 8400; receipts. 4800; shipments, 4900; stock. 153,400. Quote A. B C, D, J.-..45: E. F. G, 5.45i&-5.55; H. 5 45(S5.60; I. $5.55fo5.60; K. $6.40; M, 7; N. 7.25; WG. s.7.35; WW, 7.45. Chicago Dairy Produce. CHICAGO, Dec. 11. Butter, steady. Creameries. 2K35ftc. Ess, weak; receipts, 203.1 cases: fresh current receipts. 1822c; refrlgeratof firsts, Cheese" irregular. Daisies. 1691 17c; Twins lOftfi loftc; Young Americas, 169i8 17c; Long Horns. 1694 17c. Dried Froits at New York. NEW YORK," Dec. .11. Evaporated apples quiet. Prunes firm. Peaches actjvo. Duluth Linseed Market. Dl'LUTH, Dec. 11. Closing: Linseed on track and to arrive. $1.24 94; December, i.23ft bid; January. $1.24 bid; May. $1.27 ft bid." WHEAT RISE HALTS Grain Market Affected by Wal Street Happenings. PRICES ON DOWN GRADE Xatural Course of Values Is Upward Based on Firm Cables and Falling Off In Receipts Rain in Argentine Harvest Districts. CHICAGO. Dec. 11. Wall Street depres sion actedNike a wet blanket today on the wheat market here. The cereal, which had been on the advance, took the down grade and closed ftfcifto net lower to ftc up. Bull ish hopes In wheat, that were frustrated by the course of the stock market, had been largely based on firm cables and a falling off In receipts. There also were reports of rain over the harvest section of Argentina. Corn speculators who bought early sold out as In wheat. Sympathy with other grains carried oats down. Heavy arrivals of hogs gave provisions a decided setback. Futures ranged as follows: WHEAT. Open. High. Low. Close. Dec S .84ft .8354 .8374 May 899J .994 .8ft -SSft July ...... -8Sft .8654, .S6ft .8694 CORN. Dec.' 47ft .4774 .47ft .4794 May 4ft .48ft .48ft .Sft July 48 .49ft .4894 .OATS. Dec. ...... .32ft .3294 .3!ft '. ' May ...... .3 2 74 - 33 . 3 2 9, .3 2 94 July .33 .33 .32 94 .32 94 PORK. Jan. ......18.72ft l!.77ft 1S.50 18.55 May 18.47ft 18.52ft 18.25 18.25 LARD. Dec 10.55 10.60 10.55 10.55 Jan 10.25 10.30 10.10 10.10 May 9.97ft 10.05 9.85, 9.95 RIBS. Jan 10.00 10.05 9.9274 9-95 May 9.80 9.85 9.75 9.75 CHICAGO, Dec. 11. Cash quotations were i rouows: Flour Easy, special brands 10 to 20e lower. Corn No. 3, 45ft 46c; No. 3 wnite, 4094 Ift47e- Nn. 3 vellow. 46f&47c: No. 4. 44(6 45c; No. 4 white. 4tft45ftc; No. 4 yel- ow, 44ft4oftc. Kye ao. i', basrosc. Barley Feed or mixing, 4 3 (3 48c; fair to choice malting, 57 41 72c. Timothy seed J3J.o.- Clover seed 1018. Mess Pork $17.50 ji 17.75. Lard In tierces. $10.55. Short ribs Loose. $9.63 ft 10.12 ftc Minneapolis Grain Market. MINNEAPOLIS. Dec 11. Close: Wheat. December. 7994c; May. 84ftc; July. 8594c Cash: No.. 1 hard, 8294c; No. 1 Northern, 8094 81 ftc; No. 2 Northern. 7S5479?4c; No. 2 hard Montana, 8094c; No. 3 wheat. ASt at. 77 94 c. Bran In 100-pound sacks, s $18 18.50. Flax $1.2494 m Ll ft Barley 106 59c Paget 80 una Wheat Market. TACOMA, Dec. 11. Wheat Bluestem. 81 81ft c; forty fold, 79c; club, 78 ftc; Fife, 76ftc; red Russian, 70c. Car receipts, wheat. 53 cars; barley, 4 cars; oats, 8 cars; hay, 19 cars. SEATTLE Dec. 11. Wheat Bluestem, Slftc: fortyfold. 78c; club, 7Sc; Fife, 76c; red Russian, 76e. Yesterday's car receipts, wheat 30; oats 2. rye 1, barley 3, hay 27, flour 2. Grains in San Francisco. SAN FRANCISCO, Dec. 11. Spot quota tions: Walla Walla. $1.42ft 1.4394 : red Russian, $1.42ft 1.4394 : Turkey red. $1.5274 fiil.55; bluestem. $1.52ft1.55; feed barley, $1.3794 61. 40; brewing. $1.50; white oats, $1.50wl.51ft : bran. 23.5024; middlings. $3233; shorts, $20.50i27. . Call board sales: Wheat No trading. Barley December, $1.35; May. $1.34. Grain Statistics. CHICAGO. Dec 11. Total clearances of .... . j a in TT? nnn knah. wneat anu iioui weiv cmu, i.u,""w aIs . Primarv recelnts were 1.261.000 bush els, compared with 528,000 bushels the cor responding aay a year ago. lisuramcu re ceipts for tomorrowe Wheat, 22 cars; corn, 255 cars; oats, 146 cars; hogs, .27,000 head. Kuropean Grain Markets. LIVERPOOL. Dec. 11. Closing: Wheat eput steaoy. ruiuir. uiui. 374d: March, 7s 3ft d: May. 7s 2d. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables. Fruit, Etc KAN FRANCISCO. Dec! 11. The follow ing produce prices were current here today: Fruit Apples, choice. 60c; common, 40c; Mexican llmeB. $44.50; California lemons, choice, $5; common, $2.50; navel oranges. $1.50&-2; pineapples. $l.uug-z.w. Cheese Young America, 17 18 ftc Butter Fancy creamery 34ftc EneB Store. 30c: fancy ranch, 36c Hay Wheat, $2324; wheat and oats. $204)22; alfalfa, $12814.50; barley, $17 19. Potatoes Oreiron Rurbanks. nominal: Sa linas Burbanks, ?1.15g-l.0; sweets, $1.75 2. Vegetables Cucumbers, $l.So1.3G; gar lic. 23c; green pears, active: siring oen., SVlOc; tomatoes, 7oc$l: eggplant, iioc onions, 2535c ReeelDts Flour. 10.372 quarter sacks wheat, 2290 centals; barley, O4M0 centals; oats. 1155 centals: potatoes, 8J. sacsji. bran. 50 sacks; middlings, 400 sacks: hay, 246 tons; wool, 60 bales. -Wool at St. Louis. , i 11 wool Steady. Ter ritorv and Western mediums, 2125c; fine mediums, 18iS20c; fine. 4317c Time for Christmas Drafts OUR Exchange Department reaches every country through our foreign connections. Money dispatched promptly, safely and at small expense. lumbermens National bank ' Corner Fifth and Stark. 1 RESOURCES. 6 MILLIONS LADD &TILTON BANK Established 1859. Capital Stock f 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. i OFFICERS. W. M. Ladd, President. K5.er' 8. Howard. Asst. Cashier, Edward Cooklngham, Vlc-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 TRANS - ATLANTIC LINES AMERICAN LINE N. Y-- -Plymouth Cherbourg --Southampton Atlantic Transport Line New York London Direct RED STAR LINE N. Y.--Bover--Antwerp WHITE STAR-D0MIRI3N Canada : ,...Dec. 21 Dominion Dec. 28 COMPANY'S OFFICE, 6I SECOND Or Local Hallway L V D ivrw ' Monaco Naples For Particulars apply THE CUNARD S. S. CO. Ui 21 OR LOCAL AGF.ST8. fa.MusmifBt',ia..l.'AaLM No Bumping No Jarring No Chuck Holes That's BITULITHIC. ESTABLISHED 194 - iSnginccrs COMPREHENSIVE REPORTS ON PUBLIC UTILITIES 85 SECOND ST., SAN FRANCISCO NEW YORK NEW ORLEANS J. C. WILSON & CO. STOCKS, BONDS, GRAIN AND COTTON MEMBERS NEW YORK STOCK EXCHANGE. NEW YORK COTTON EXCHANGE, CHICAGO BOARD OF TRADE,' THE STOCK AND BOND EXHAXGE, SAN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street Phones Marshall 4120, A 4187. " INCORPORATED . CONsULTiNti ana CONSTRUCTION ENCINEER3 PUBLIO SERVICE PROPERTIES FINANCED and MANAGED SO Pine Street - New York 1 1 CUNARD Cruises V WHITE STAR LINE New York--Qoe;nstovra--Liverpooi N. Y. - Plymouth - Cherbourg-Southampton MEDITERRANEAN CRUISES Boston-Mediterranean-Italy Canoplc 'eb. 1 Canoplc March 15 PORTI,AM. ME. TO LIVERPOOL. Canada ....Jan 1 I Dominion eh. 1 AVE, MAIN FIR, BEAR, SEATTLE and Steamship AnenlM. Unsurpassed Luxury and Comfdrt lbs. Madeira Gibraltar, AIo'", Monaco, VT Naples. Alexandria ..m.a ljftVVlir - - "FSANCOMA" Jan- 18 4, "CARONIA" Jan. SO. Mar. 15 A LA OARTB WITHOUT EXPRESS SAILING JAN. 4th VV Alexanar.- J S to -C. Mate at, n. ? y TRAVELERS' GdDB. STEAMER HASSALO For Astoria Leaves Portlaad OtHO P. M. daily, except Saturday. Leaves Astoria 10:00 A. M. daily, except Sunday. Get Tickets Ash-Street Dock or City Ticket Office, Third and Washington. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wednesday Alternately as P. U. NORTH PACIFIC S. S. CO. 122 A Third M. Phones Mala 1314, A 1311. EXPRESS STEAMERS FOBS - Saa Fraaclsco and Loa Aaselea WITHOUT CHANGE. S. 8. BOSK CITY sails at 4 P. M., Ose. lt. THE SAN FRANCISCO A PORT LAN b. a. CO., Ticket Otflce 132 Third street. Phone Slain 2U0S. A 253V. I.arswrt. Fastest and Finest steamers on the Kast and West Coasts of So. America For Illustrated literature apply to The Koval Mail Steam racket Co. The Pacific Steam Navleatlon Co. Dorsey Smith, 68 llfth Mt.. Tortland. COOS BAY LINE 6IEA3lR BREAKWATER sails from Alnsworth dock, Portland, at A. M. December 1. and thereafter evsr Tuesday evening at 8 P. M. Freight r. -ceived dally except Tuesdays up to 5 P. a Tuesdays up to 3 P. M. Passenger fai A first-class. 10; second class. 7. Includli.g berth and 'meals. Ticket office at Alts worth dock. The Portland Coos Bay S Line: L. il. Keating'. Agent. AUSTRALIA AND NEW ZEALAND (tlnlon Line ot N. Z.) SYDNEY VIA TAHITI AND WELLINGTON Direct through steamers, sailing from Saa Francisco. Jan. 8. leb. 5. and every 28 days. Tho line to the Isles of the Sonth Seas. For reservations see Coupon Railroad Agents or address Hind, Rolph ft Co., gen eral agents. 6741 Market St.. San Francisco. I 1IB A Kf-ITI IT. AXD HAN U1KUO STEAMSHIPS YALE AND HARVARD Railroad or any steamer to San Fran cisco, the Expo City. Largest, fastest and the ONLY strictly first-class passenger ships on thei Coast. Average speed 2 mile per hour: cost K.uou.OOl) each. SAN FRANCISCO, PORTlrAND a L, A S. S. CO, Main 628. Frank Bollam. Ageat A 5 138 Third Street.