21
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.