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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 17, 1912)
THE- MOKMXi OKEUOSIAA, TUESDAY. DECElLBEli 1.,
BUTTER PRICE WEAK
Advance in Local Market Has
TRADE RATHER UNSETTLED
Hc.ilcr-. ln Not Think tlic Eastern
t'oiiiill.''Ion!' w'" IIavc Mnch
Ilffct l nil (he Situation Here.
i:sr Sftcudlly Calling.
Local Ijiiltcr dealrre ilo not expect prices
here to be much affected by the complica
tions at Chicago and Elgin, but that UI
depend, of course, on the, extent to which
the Eastern markets respond to the drive
at storase butter. So far as fresh Kastern
butter Is concerned It Is hard to buy even
at the current price. The make of local
butter Is not heavy, and tinder normal con
dIUons the market would be firm. The
whole situation Is unsettled, however, by
the position In which the stnrae operators
are placed and the uncertainty as to what
will be the outcome.
There Is no possibility of Ktmtern storage
butter being raised to any hlsh figure, and
If it Is forced below the present quotation
of 31 to 12 cents the profits of the specu
latora will be cut -cnto. Therefore, the
dealers here believe that prlcea will be
held about where they are. None of. them
think there is much chance of the local
market advancing In the near future.
There Is more Interest In the egg than
In the butter market Just now. Egg prices
are rolng down at the rate of a cent a day
and there Is no telling when the slump will
slop unless the weather changes. Candled
stock was quoted yesterday at 3.3 cents
and current receipts were offered at 306-3
cents. Offers to buy in the, country were
around 3S cents.
M il EAT STEADY AT THE OLD PRICES
Trading hi the Country I Small Coarse
The wheat market was fairly steady In
tone yesterday. nd last week's prices were
quoted, but very little business was pass
ing. Conditions in the oats and barley mar
kets were unchanged.
.oral receipts In cars were reported by the
Merchants Exchange as follows:
Wheat Barley Flour Oats Hav
Mindav 10 18 3 13
Vr -I,. ... Xl 3 II 13 1.'.
Frason to date. I'M:: 13:3 1107 f94 17
Year ago 73M li? 1331 S7S 171
The weekly wheat statistics of the Mer
chants Exchange were as follows:
American Visible Supply
iecemhr in 1!12 tli.r.w.nno r.'i.f'n
peinber 1. IT'tl 7!.73n 1.3.Vi,0"u
lieremher 1'.'. 1"1') 42.lW4.PfW 334.0"!)
Prcmher 2 l'w L'S.nill.n" 3lIlo
Ie-emter 21 32.0H1.oimi 7.im0
lfcemher -'3 1W7 4.V.t!.0" H!i.h"'i
W rmtr t'6. " 41.fW.(l .".31.0(M!
I-ecemher 2:. li 40 47.i'ok t.32.ooo
rtrren'brr 1ft04 3!.71."0 1. tn.t.ooa
Drcvnibcr 21. l'Jt3 C4.1CI.OUO ltU.OOC
tuantitics on Tannage
' TVk xVeci
Dec. 7 Dec. 1I. 'II
l k Kt.tl.-.rt.W'O 1 ft. 1 . m.ssiomi
Continent .. 1 t.tK'S.Oi'O 17.MO.iHK 9.SH4.000
TotaN .....l.2itl.0i.in :!4.436.t" 2.(lti.00
World's Shipments fflour Included)
W-rk Week Week
ending ending ending
Iec. 14 Dec. 7 Pec. lit. 11
From B'tshrJs BttsbHs Bushels
1. fan.. 5. ooo 3!'2:;.no 3,irs.ot)i
Anr-nHna . ,7',.'M't 1.1o4.ihm) !20.IMt't
Australia .. 22. non 24voo 7"2.non
fan portT... l.SHO.f -l.li).4 " 1.40.niio
Rl-la . - l..".4.IV0 1.2HO.OINI l,4r,.IH.)
luCla . .... 5t'.x.oOO l.lllti.ouo 034. OiM)
Totals ...UI.44H.UO0 10.S91.tHM) 8,'lttO.OOO
World's shipments, season to date:
Total since Same period
From Julyl.'lJ. last season.
T". and Canada lOi.SOi.onO 77.r99.0O0
Argentina 30.:.oon ;o.8j.(ioo
Australia l-.-r..on -".OM.ove
Fanube ... Sl.70ti.IXie 4:. 732. 000
Russia BI.HII.OOO 4K.S1 4.000
India .34.O0O 21.l.000
Hop Deals Tending.
No sales were reported in the local hop
market yesterday, though several deals were
pending. The California market, like that
In Oregon., la more or less blocked.
Conditions In New Turk State, according
to the Waterville Times, are as follows:
"Except for a few sales of common to me
dium hops there has been no business trans
acted on thla market. Pricea remain about
as usual and there seems to be little effort
t sell on the part of the few holders of this
year's hops, as well as small Inquiry from
dialers regarding them."
Front Street Well Supplied.
Receipts from tha South yesterday In
cluded one car each of oranges, celery and
mixed vegetablea. The nine cars of bananas
received Sunday were In green condition.
Trade in general was rather quiet, as was
to be expected with the stormy weather.
The street is now well supplied with every
thing, and as soon as the weather settles a
brisk market la expected.
Poultry Receipts Light.
Arrivals of poultry were light yesterday,
and this gave the Jobbers a chance to clean
up the stocks carried ever from last week,
prices were unchanged.
The dressed pork market continues weak.
The bank clearings of the Northwestern
cities yesterday were as follows:
Portlsnd 82.4.11. 57! $110.2
SeattK 1.KH0.3SH 23S.S..O
Yacoma 712.154 iS.4.s
fpekane l'5;l.S2U 111.755
Grain. Flour, Feed. Kte.
WHEAT Track prices: Club. 777Sc;
bluestem. el e Sic; 40-fold. 79c; red Russian,
70c: valley. 80c.
KLOUK Patents. 84.30 per barrel:
straights. 83. W; expor-.s. 83.0003.70: Val
ley. 4.0; graham, $4.20; whole nbeat.
BARLET Feed. $24 per ton; brewing,
nominal; rolled. $27W2S per ton.
CORN Whole. ;;e: cracked. $37 per ton.
MILLSTUr FS Bran. $23 per ton; whorta,
$2b per ton: middlings. $30 per ton.
HAY Timothy, choice. $174? 18; mixed
Eastern Oregon timothy, $124)15; oat and
e;ch. $12; alfalfa, $12; clover, $10; straw
OATS X& 1 white. $28 par ton.
5egctb!e and Frultc
FRESH FRUITS Apples. CO 9 $1 50 per
!-oi: pears. 76iJ1.5tr per box: grapes.
$1 40 per box; Malagas. $8 per barrel;
cranberries, $11.50 per barrel; caaabaa. $2.60
per coiro. .
POTATOES Jobbing prices: Burbanka.
40vi5c per hundred; sweet potatoes, 21je
TROPICAL FRUITS Oranges; Navels.
$2.5otr3.5M: Florida, $4; Japanese, $1 per
l unilie; California grapefruit. 3.50- Flor
tua grapefruit. $4 25; lemons. $BjS.50 pr
box- pines pples. He per pound: pomegran
Ites. $2 per box: persimmons. $L75 per box;
ta"g-r!ne- $2.25 per box.
ONIONS Oregon. Ocjj$l per sack.
oACK VEGETABLES Turnips. J5c per
ssck; rarits. 75c per sack: beets, 75o per
ark' navntna nr sack.
VEGETABLKS Artichokes. $lll.25 per
Iir-n: bemns. 12c: cabbage, lc per nouna.
raullilower. $1 7i per crate: celery. 83U3.25
per crate: cucumbers. 50 ft 40c per dosen;
eggplant. 10c per pound; head lettuce. $2
per crate: peas, 12Vo per pound; peppers.
lc per pound: radishes. ISijloc per doxen:
prouts. 7c: tomatoes. $1.60 per box: garlic,
5W.C pr pound; pumpkins. l!e per pound.
Dairy and Country Fradae.
K',3 Fresh locals, candled. 3.'Gt36c per
tinmen : rur-ent ret-elms. 3i;l2c.
PoRK Fancy. 9Vic per pound.
CHEESE Triplets. 190 per pound: dais
ies. l-c: Young Americas. 20V4O per pound
BUTTER Oregon creamery butter, cubes
THc per pound: prints. ISH ff3o per pound.
POULTRY Hens. 12SIjc; broilers. 12 V,
dr.rd, choice, 25c:
ducks. 12ihl4c; a;eese. J C 6 13c.
VEAL. fancy. imp 14c per pound.
Staple Groceries. ""
SALMON Columbia' River, ona-poo.no
talis. 42.24 par doien; hajr-pound flat
1.4U: one-pound flats. 2.4i: Alaska pink,
ore-pound lai.s, 64c; allversides. one-pouaa
alls. 11.25. .......
COFFEE Roasted. In drums. 24 0D
HON'EI-Choice. J3.2503.TS per "
NUTS Walnuts. ISo per pound: Bra
til nuts, J 2 WW 13c: filberts. 14lSo: ai
uiosds. 18e; peanut.. 69t". on.
peanuts. "Oc 8 S1.00 per dozen: chestnucs. no
per poucd: hickory nut . 60 10c: . pecans.
17c: plae. IT S 20c.
BEANS Small white. S.40e; large whit.
i: Lima, t,c: pink. 4-JOo; Mexicans. e:
batou. 4.tc .
SUGAR Fruit and berry 1S.75: Honoloia
plantation. 15.40: beet. 3.85: extra C, ' ,.'
powdered, barrels. ; cube, barrels.
SALT (Granulated. $14 per ton;
ground ltiOs. It) 2i per ton; 60s, ilt P' wa,
dairy. J 12. 50 per ton. . m-
niCE No.. 1 Japan. SffSiie: cheaper
vrsci. 4c: 'Southern bead. 5HOc
UKIKQ FRUITS Apples. 10c per pouna.
nprlcctx, 12 914c; peaches. 8tllc:' prunes,
riallaos. 8i'10c; sliver, 18c; fljs. white aa
b'a.-k. tC7e; currants. JHic: raisins, looss
Muscatel. 6Vi7c; bleached. Thompson.
MVie. unbleached Sultanas. SVic: seeded, is
78-:ic; dates. Persian. 7ikc per pound; lara,
41.65 per box.
FIGS Twelve 10-ounee. 85e; 80 bounce,
11.8.'.; 70 4-ounce. 42.25: 30 10-ounco. ;
;ooe. 64-pound boxes. eVi7c: Smyrna,
boxes. (1.1001.23: candied. 16 T
HAMS All sixes. lslc; picnics, lo;
klnnec. ISHc: bulled, 27c
BACON r'ancy, 27C28c: choice. 309le
' LARD In tierces, choice, 14-o; com
pound. SVjc. .
URT 6AXT MEATS kegular abort clear
!.VslSc: short clear backa. 12 to 19 Jba,
1H ! 15c; short clear packs. 18 to 28 Iba.,
ISSPfISc: exports. 14c: plate. lOOllts.
Exnr.KL.KU BE15F Extra mesa beef. 114;
mesa beef. 113; extra plata beef. 17.60; piata
beef. 817.SO; rol:ed boueUsa beef. 830.
BARRELED PORK Best pig pork. 2J;
brisket pickled pork. 823.
Hops, Wool and Hides.
HOPS 191 2 crop, prima and choice, 17
20c per pound.
VoiiAiK Ciolce. 82o per pound.
PELTS Dry. 13014c; butcher. 81 6 1-35 ;
short wool. 7&10c ,
WOOL. Eastern Oregon. 14918c P
pound, according to ahrluage; valley. 21 H
fj'22So per pound.
'HIDES Salted hides. 13c per lb.; salted
calf, 19c; salted kip. 13Sjl4c: green hides,
12c; dry hides. 2223c; dry calf. No.
1, 25c; No. 2. 20c; green stags, 6H97C.
CASCAP.A Per pound. 4Vs044i; car lots,
linseed Oil and Turpentine.
I.1XSEED OIL Raw. barrels. 50c; boiled,
barrels, 52c; raw, cases, 55c; boiled, cases
OIL, MEAL Carloads, (37.50 per ton; less
than carloads. 840 per ton.
TURPENTINE Barrels, 5414c; cases, 57c.
Price Quoted at tlie Bay City for Vcbe
table. Fruit, Ktc.
SAN FRANCISCO. Dec. 14. The. follow
lnp produce prices were current here today:
Krult Apples, choice. 60c: common. 40c;
Mexican Umcs. $44 4.60; California- lemons,
choice. 15; common. $2.50: navel oranges.
$1.50t2: pineapples. 81.909 2 . iO.
4 liecse toung America, littisc
Hutter Fancy creamery, S3 He.
Kggs ftorc. 29c: fancy ranch, 33c.
Hav Wheat. 823H24: whoat and oats.
$2e:2; alfalfa. $1 2 )i 1 l.it); barley, $119
Potatoes Oregon Btirbanks. nominal: Sa
llnaa Hitrbanke. $1.15 1.30; sweets. $1.752.
Vegetablea Cucumbers, socri: garlic, z
lc; green peas, lrsc; string beans. 6?
10c: tomatoes, 60c till; rggppiant, ioc
onions. "z 4r.
Receipts Flour. 6960 fiuarter sacks: wheat.
125 centals: barlev, 4934 centals; oats, 600
centals: potatoes. 3147 sacks; middlings, 120
sacks; liuy. t56 tons.
Omaha Livestock Market.
mirkrt.' slow to ic to 15c lower. Native
steer". JH.:toTO lii.uu; cows ana neurrs, e.i. to
i 7.H0: W'tern steers. $5.50'ir8.50; Texas
itecrs, $4. i,-a w.; co auu nencii,
1.50; canners. lo'fl 4.25; sfekers and feevl.
rs- $4.V&0n calves, $0.000.00; bulls,
tags. (ttc. $4 4j .!.
Hugs Receipts, aon; market, slow to oc
ower. Heavy. $7.057.15: mixed. $7.0.'.f
lit- liThi Ifi '.ili'.t 7.10: Diss. S8.00U7.O0:
bulk of sales. $7.05 7. 10.
. i I - .nl .1 1 . 1 1 1 I II W - mBT-lrt . t l!
v.'-.iiMM twiiMitto:' pthni S3KOIU.4S0:
ewes. $3.50tf4.t)5; lamba. $li.4(X?7.S0.
Chicago Livestock Jlarket.
rutrinn Tlee. 1ft. Cattle Receipts. 40.-
oiKi; market, slow to Hie to 25c lower.
lerves. $5.5010.0; Texas steers, t.tuw
7; Western steers. J5.35ft8.70; Blockers
nd feeders. $4.2Sii7 35: cows and heifers,
2.75 7.5H; calves. $.5li8' 10.50.
Hogs Receipts. ?.''"; market, dull and
steauy. libui, h'-m "-"'.
. .... tTiHKtTl'.- mii.Ii CT lift fn
7!2ii plgs. $5'Cr0 7.00; bulk of sales, $7.20
heep Receipts. S,0no; market, weak to
25c lower. Native. 13.1)04.1)0: Western.
$4.00&4.N5; yearlings, $3.4t$j'rt.ti5; lambs, na
tive, $6.2v8.40; Western, $8.308 8.05.
Coffea and Sugar,
NEW YORK. Dec. Iti. Coffee futures
closed steady at a net advance of 8 to 10
points. Sales. 84.0(H) bugs. December, 13.31c;
January. 13.3 Februury. 13.4Hc; March.
l:l.7lc; April, 13.S:lc; May. 22.214.171.124c: June,
l:l.:ic; July. 14.0c: August, 14.11c; Sep
tember. October, November, 14.10c. Spot
Rio. No. 7. 14c.
Raw sugar, steady. Muscovndo, SD test.
3.4c; centrifugal. !! test. :i.K!c; molasses,
SI) tcsi, 3.17c; refined steadV.
SAVANNAH. Oa., Dec. lfi. Turpentine
firm at 4lic. Sales 432: receipts, C8!); ship
ments. 157; stocks, 32,700.
Rosin firm. Sales, 21)00: receipts. 2800;
shipments, :!700: stocks. 153.27. Vluote: A,
B. C. D. $.02; E. F. $tl.00f6.U2 ; G.
lO.OOB 6.05: H. $.05 6.07 : 1. 86.07HB
6.10: K. te.5: M, $7.05; X, $7.25; WO,
$7.35; WW, $7.45.
Dried Fruit at New York.
NEW YORK, Dec. IB. Evaporated apples
quiet. Fancy, 7tftSnc; choice, 6H&7!c;
choice prime, 54fc$,64c ,
Prunes firm. Callfornias up to 30-40s, 2
. tiUHc; Oregons. 5Vi4jlHc.
Peaches quiet and steady. Choice. 6
bc; extra choice. 4i7c: fancy, 7 & He.
Chicago Dairy Produce.
CHICAGO. Dec. 16. Butter Easy;
creameries. 26 .'tHc.
Eggs Fasy: receipts. 2501; fresh current
receipts. itj22c: refrteerater firsts, 10 J lie;
Cheese Steady: daisies. in17; twins.
16il0ic; Young Americas, 16 17c;
long horns, 16 4i 17c.
Wool at St. Louis.
ST. LOUIS. Dec. 16. Wool Steady. Ter
ritory and Western mediums. 21j25c; line
mediums, 182uc: fine. 13618c.
Duluth Linseed Market.
DL'Ll'TH, Dec. 16. Close: Linseed, on
track and to arrive. $1.24; December, $1.24;
January. $1.24 May. 81.27 bid.
. YIops at London.
LONDON, Dec. 16. Hops in London, Pa
cific Coast, ft 15trt6.
Hops at New York.
NEW YORK, Dec. 16. Hops Quiet.
BURGLARS' JOB IS BARREN
Performance at Fall-view Believed to
Be Work of Amateurs.
Burglars, believed to have been ama
teurs, ransacked the office of the feed
mill on the Sun Dial ranch. Fairvlew,
Sunday niffht. They blew a steel riling
cabinet open with nitro-trlycerin,
thinking- there niigrht be money in it;
and smashed a valuable computing ma
chine, believing, evidently, that there
might be cash concealed somewhere in
Its interior. They did not find . any
Deputy Sheriffs Leonard and Phillips,
who went to Fairvlew yesterday to in
vNestlsate. aid that the filing, cabinet
could have been opened with a screw
driver or pried open with a "Jimmy."
The burglars left behind a bottle
which had contained the nltro-giycer-ine.
It was wrapped in what appeaced
to be the lining of a mailsack bottom.
Taeonia Electrician Killed.
TACOMA, Wash.. Dec. 16. Guy Mc
Clure. an electrician, inspecting: . the
city fire alarm system, was electro
cuted on a pole at one of the principal
:ie: turkevs. live. 20c; dressed
STOCKS GO UPWARD
Decision in Anthracite Case
Has Its Effect.
SOARING STARTS AT ONCE
Reading and Union Pacific Advance
Four Points and Other leading
Issues Make Gains Daring
the Day's Trading.
NEW YORK, Dec. 16. In the decision of
the United Slates Supreme Court in the
anthracite cave. the. stock market today re.
celved an effective stimulus. Reading, by
reason of the direct bearing of the decision
upon that stock, displaced Union Pacific
as the chief feature of the market, and Its
wide 'luetuatlone, covering a range of near
ly 10 points, furnished the chief motive
Reading In live points In the morning
on heavy selling, during the course of which
the leading Issues, with the exception of
Union Pacific, reached new low point for
The news from Washington of the a'n
thracite decision changed the aspect of the
market Instantly. There was excited bid
ding for Reading, which was rushed up as
much as a point between sales. After sell
In;; at. lSsi the price bounded to 164
Trading grew quiet for a time, pending
receipt of more definite information as to
the court's ruling, and then buying was
resumed In a more orderly way. Reading
advanced to 3 OH.
Another active Issues rose sympathetically
until .there were numerous gains of one to
four points. Union Pacific rising four. Some
of the anthracite stocks made larger gains.
Quotations eased off Just before the close.
The bond market developed early weak
ness, but later made a number of substan
tial gains. Total sales, par value, $1,943,000.
United States bonds unchanged on call.
CLOSING STOCK QUOTATIONS.
Reported by 'J. C. Wilson Co.. Lewis
building, Portland. . .
Sales. High. tow. Bid.
Amal Copper .. 75.000 '74 70, 13
Am Beet Sugar 2.400 SO . 4S SO
American Can.. 5.8'jO 2s 27 S 29
do preferred.. 2.3'V) 114U 312"s 114
Am Car & Fdy. 800 54 . H3 4
Am Cotton Oil.. L70O 55 Vi ; 54 55
Am Smel Jtr R-f 10.1OO 70 tl 7t".i
do preferred.. 200 104 104 104
American Sugar 800 117 ; 116 ll5t
do preferred 110
Am Tel & Tel.. 60O 140 18 1W4
Am Tobacco ... DOO 262 255 2fil Si
Anaconda 1,700 .1!) 37 :i8Vi
All Coast Une.. 400 137's 137 137V
AT Hnnta Fe. 5,500 1 ll'4Tt 105
do preferred.. 100 ion,.. 101S 101
Bait 4t Ohio .. 5.0O ' 104',, 102' 104
Urook R Tran.. 3.100 8Si4 87 874
Canadian Pac .. 13.200 25h 253 255,
0O 3.400 7 74 " TS'ii
C & U W 600 17 i 1i ' 15H
C fe N W 400 l.".5'i 135 13514
'. M St Paul. 8,800 1 l'lDfc 'lllvi
Central Leather 700 27 27 27
Central of N J. 200 S05 355 505 i
Chlno 21.300 42H Wi 41Vs
Col Fuel A Iron 5O0 . 33 34
Col Southern 34
t'onsol Out .... 2.40D 13!4 136 1
D L A W 500 50
D & R G 14
Distillers' Secur J.300 21 2 21 S
Erie 8,fO0 3M .10 31
Oeneral Elcc .. SH 180i, . 170H IROVfc
tit North Ore .. J. .".00 41i 4 41 V4
Gt North pf ... 4.800 .13414 132ii l:;4H
Illinois Ontral 127
Inlc-rbor Met .. 3.100 IS 17 17
do preferred.. 3,100 1 584 tiOU
Inter Harvester 700 111 ll74 lit
K r Southern .. I.000 2T 25, 2Vj
Lehigh Valley.. 25.500. Ki 105U 1
Louis & Nash.. 1.500 140 138 140
Mexican Central 27
M. S P S S M 400 137Vs . 13i4 137i
Mo. Kan & Tex 200 26 2614 2Mi
Mo Pacific &100 42 40 41 Ts
National Lead.. 100 55V 55!4 55!
Nat Biscuit 300 118V' 11TH 118
do preferred.. 320
N V Central 4,200 10874 106H loSIt
.V "V. Ont & Wes 200 SOj, 30), 8Hi
Norfolk West 40O 112 1114 112V
North American ioil SO 71)4, 80
Northern Fan .. 7,100 121 118 120i
Paclllc Mail f
Pacific T tr T ' 46
do preferred OS
Pennsylvania ... 4.800 121 14 1204, 1211
People's Gas ... 300 111 110 111
Ri-adlng 273.DOO 168 ISoii 1074i
Republic 8 4 1 25
Ro.-k Island Co 3.W0 22 H 2.1
Southern Pacific 23.401) lom, 103',, 10'4
Southern Ry ... l.H 27 27 27
Texas Oil 00 108 108 108
Union Pacific. 81.10O liSi 153 158
do preferred.. ix0 i.j no nl
United Rdi S F 600 36 34 83 ri
U S Steel 167.500 66 63 66
do preferred.. 3.000 10 1084, 10
Utah Copper .. 6.700 57 54 56
Wabash 100 4
Western Union.. 100 72 72 V, 72
Westing Elec .. 1.500 77 75 76
Wisconsin Cent 49 Vs
Total sales for the day, 872.400 shares.
Reported hy Overbeck A Cooke Co., Board
of Trade ttunaing, foruanu:
Amer. Tel. & TeL conv. 4s loil 10S
American Tobacco 4s 85
rin On 120
Atchison Gen. 4s I'rtVs WOs
do adj. 4s stamped 87V, S7
Atlantic Coast Line cons. 4s 05 K5
do "L N coll." 4 01 01V
Baltimore ft Ohio 3V,s 90U 0i
do Is 97 07 Vi
rtrooklvn Rao. Transit 4s.... 87', 88
Can. Southern first 5s 100 . 100
C. & O. 44s l)Vs !''.'7
c H. - O. een. mtg. 4s 05 i5'.;
do joint 4s 1'5 S5'
do Ills. 4s IW ' 118'.,
do Denver 4s 1)5 5
Central Pacific first 4s 4 Hi
Chicago & East. 111. 4s 7i 7
Chlrwurn R-I A P. ref. 4s 86'i S7
do Col. trust 4s 64 V 114:4
Colorado Southern first 4a 0:1 1)4
Denver Rio Grande 4s 87V4 ....
Del. & Hudson conv. 4s 116 87
Erie first cons. P. L. 4s RSVi 86V4
Int. Met. 4!, a 7SV 7S
Japanese 4s 2 84 V
do :lrst 4 Vis w) 1
do second 4Vis 811 -Do
L. tt N. unl. 4s 1)6 7
Mo. Kans. ft Texas 4 Via 80 87
M. Pac. Is id 11 J
v v r.mn V u. tt-l IX Kil 1
do L. S. 3V4s 78Vi.
N. Y. City 4s '.. . o 01
do 4VsS of H'57 .104 104',,
Norfolk Western 4s 05 Vi 06
N. Y.. Ont. Sc W. 4a S3 04
Nor. Pac P. L. 4s 7Vi 07
Nor. Pac. 3s 6SV4
Oreeon Short Line 4s 0 1)2 Vi
Oregon Hy. A Nav. 4s t)l 02V4
Penn. Ry. 4s of 1048 IOI 102
Philippine F.y. 4s S0V4
Heading gen. 4s OOVi ....
Republic of Cuba 5s 101 103
Southirn Pacific col. 4s 01 H. 1 Vi
Southern Ry. 4s 7tl 77
St. I- ft S. F. ref. 4s 75
Union Pacific first 4s... ysvi 08
do conv. 4s - tV S7
do ref. 4S 5 06
V S. Steel S. F. 5s 100H 100
United States 2s registered 100H 101
do 2s coupon 100 '4 101
do Ss res'stered ..102V4 103
do 3s coupon 102Vi 102
do 4s registered 113 114V4
do 4s c-jupon 113 114
United Railways S. F. 4s.;... 67 68
Wabash first 4s 4 63 .
Western I'nton 4s 04 1)5 n
Westlnghouse conv. 5s 02 02
Western Pacific 5s SM 84
Wis. Cent. 4 80 0
West Shore 4s 08 ....
BOSTON. Dec. 16.-
Nev. t'on 1ft
INipissing Mines. 8
North Butte ... 32
North iJlke 2
Amul Cop 4
Am. Z. L & Sm. 2i A
Artxona Com... J to
td a. 1 . r x. R M . 4 K
r-.h. Arizona. 67
.lid Dominion 51
C. R. Con. Co. . ou
E. Htttte Cop. M. 13
Superior ....... 36
Sim. Jb- Hm M. . 1
Krankitn o t
llhniix Con 3
Granby Con.... 62
Greene Cananea 8Vt
U S Sm R M.
do nffl . .
Isle Rovalle ... w!
Kerr Uike z'
Luke Copper ... 24 V2
1 n s:nll Conner 4 Vi
1 tah cop. CO. .
Miami Copper. . 25
Money, Kxrhsmge, Ktc.
LONDON, Dec. 14. Bar silver easy, 2V41
per ounce. . -
Money per ccm.
Th. rata of discount in the open market
for short bills is 5 per cent: three months'
bills. 4J-1 per cciiu
SAN' FRANCISCO, Dec. 14. Sterling on
London. 60 days. 14.8144; sight. I4.85.
Silver bars 6Jc.
Mexican dollars Nominal. '
Drafts Sight, 3c; telegraph, 6c.
NtCW YORK, Dec. 16. Money on call,
ste'adv. 444G5V4 per cent; ruling rate. 4
per cent:- closing bid. 5 per cent; offered
at .Vi per cent.
Time loans, steady; 60 days, 6J6',4 per
cant: 00 davs, 6 per eent;"ix" months. 5Vi
per cent. . .
cioe: Prime mercantile paper. 6 percent.
Sterling exchange steady, with actual busi
ness in bankers' bills at $4.8125 for 60-da,
bills and at 14.8550 for demand.
Commercial bills, $4.80. .
Bar silver. 63 c ...
Mexican dollars. 40'4c. -
Government bonds, steady; railroad bonds.
Condition of the Treasury.
WASHINGTON, Dec. 16. The condition of
the United States Treasury at the beginning
of business today was:
Working balance JY'SSS'SxJ
In banks arid Philippine treasury .Sl i.86.on2
Total of general fund ' "S'SS'J'SiX
Receipts Saturday S'SSS'SSS
Disbursements "'iJ'-i .
Deficit this fiscal year. 4.307.4i8. as
against a deficit of 23.702.163 last year.
. These figures for receipts, disbursements
and deficit exclude Panama Canal and public
NEW YORK. Dec. 16. Copper weak.
1 25c: standard spot and December. 16.25c
bid: Januarv. February and March, 16.25
17c; electrolytic. 17.2el7.87c: lake, 17.62
17.87c; casting. 17.256 17.3TV
Tin quiet. Spot. 4S.606 49.87c: December,
4.30(S 49.87c; January. 49.4249.62c. ,
Lead easy. 4.254J4.S5C.
Spelter easy, 7.307.40c.
Antimony quiet. Cookson's. 10.60c.
Iron quiet. No. 1 Northern. 18.75 19. 25c;
No. 2 Northern. 18.J5 18.75c: No. 1 South
ern. 18.75 19.25c; No. 1 Southern soft, 18.50
6 lsc '
Copper exports this month," 14.1S3 tons.
London coDDer steady. Spot, 73 10s: fu-
) tures. 74 10s. London tin quiet. Spot.
22S 12s 6d; futures. 225 15s. London lean,
18 as 3d. London spelter. 26 10s.
Iron Cleveland warrants, 66s d in Lon
Visible Suppiy of Grain.
NEW YORK. Dec. 16. The visible sup
ply of grain in the United States Saturday.
December 14. as compiled by the New York
Produce Exchange, was as follows:
Wheat 61."1T.0OO 119.000
Wheat tn bond 6.120.OOO 1.540.000
Corn 2.444.000 ' 548,000
Oats 9.235.000. '847.00O
Oats in bond 205.000 -000
Ry, 1.021.000 161,000
Barley 3.611.00O 461,000
Barley in bond 367,000 81,000
. Grain in San Francisco.
S4.N FRANCISCO, Dec. 16. Spot quota
tions; Walla walla. f1.43ttl.4HV4; red Rus
sian. fl.421.43; Turkey red. fl.52V,
1.55: bluestem. $1.52 f 1.55: feed barley.
fl..1off 1.876: brewing, $1.47V61.60; white
oats. fl.501.5t; bran. $23423.50; ' mid
dlings. $ai.32: shorts, $26.5027.
Call boarJ sales: . .
Wheat December, J1.4S bid. $1.48 asked
per cental. '
Barley December. fl.39V6 per cental;
May, $1.30 per cental.
New York Cotton Market.
NEW YORK, . Dec. 16. Cotton Spot
closed steady. Middling uplands, 13.10c;
gulf. 13.46c. Sales. 1800 bales.
Futures closed steady 4 points lower to
4 points higher. December, l!.73c: January,
12.70c: February. 12.80c; March, 12.87c;
April, 12.87c: May, 12.89c; June, 12.82c: July.
I2.s:c; August, 12.71c; September. 12.14c;
October, 11.99c '
NEW ORLEANS. Dec. 16. Spot" cotton
firm, middling 33c
European Uraln Markets.
LIVERPOOL. Dec. 16. Closing: Wheat,
spot steady: No. 1 Manitoba. 7s 6d; No. 2
Manitoba. 7s 4d: No. 3 tlanltoba. 7b 3d;
futures weak. December, 7fc 4d; March, is
SVid: May. 7s ld.
Hops in London, Pacific Coast, 4 1596.
LONDON. Dec. 14. Cargoes quiet. Eng
lish country markets quiet, French country
markets quiet. .
Pnget Sound Wheat Market.
TVCOMA.' Dec. 16. Wheat Bluestem. 81
S&V; fortvfold, 79c; club, 78c; red Russian,
77c. Car receipts, wheat 29, barley 1, oats
1, hay 13.
SEATTLE. Dec. 16. Wheat Bluestem.
82c- fortyfold, 80c; club, 70c: Fife, 76c:
red Russian. 76c. Yesterday's car receipts,
wheat 84, oats 5. barley tl. corn 2, hay 37,
flour T. .
Minneapolis Grain Market.
MINNEAPOLIS, Dec. 16. Wheat. De
cember. 80c; May. 84c; July. 86(&S6c.
Cash No. 1 hard, 82 c: No. 1 Northern.
fioafRlUc No. 2 Northern, .78 4J'79V4c;
No2 hard. 8U4c; No. 2 Northern, 78
7c; No. 2 hard Montana, 80c; No. i
wheat, 7677c. ,..,.
Bran in 100-pound sacks, fisgis.oo.
Flax $1.24. '
tfort), aBacon & 3avis
-r,AunT SAN FRANCISCO
NEW YORK ORLEANS
Statement of Condition at the close of business on the 26th day of
November, 1912, as a reserve bank, pursuant to the rules
adopted by the State Ranking Department of Oregon :
Loans and Discounts r.....'.. .....$32,938,985.63
grafts I.::.:::::: J S
Sages'. '.. 3,838,99986
Furniture and Fixtures
Due from Other Banks $13,396,612.60
Cash and Exchange for, Clearing House 8,502,762.31 21,899,374.91
. . $65,405,678.79
Capital Stock $ 3,000,000.00
Surplus Fund - 6,000,000.00
Undivided Profits Less Current Expenses and Taxes
Reserved for Taxes and Interest. 154,870.50
Due to Other Banks ..$19,687,745.15
All Other Deposits 3548,851.64 55,536,596.79
' ' , $65,405,678.79
This Bank Is Authorized by the State Banking Dept.
of Oregon to Act as Eeserve Agent for Oregon Banks
FRANK H. ARMSTRONG. Vice-President THIES J. LEFENS. 'Capitalist.
Reid Murdoch & Company. ' CYRUS H. McCORMICK, President In-
ENOS M BARTON. Chairman Board of ternatlonal Harvester Company.
Directors Western Electric Company. . SEYMOUR MORRIS, Trustee Z. Letter
CLARENCE A. BURLEY, Attorney and Estate.
Capitalist JOHN 6. RUNNELLS, President Pull-
HENRY P. CEOWEtL, President Quaker man Company.
Oati Company. ' EDWARD L. RYERSON, Chairman Bd.
WILLIAM A GARDNER. President Chi- of Directors Joseph T. Ryerson sr Son.
cago A Northwestern Railway Co. JOHN O. SHEDD. President Marshall
ELBERT H GARY, Chairman Board of Field & Company.
Directors L'nlted States Steel Corp'n. ORSON SMITH. President.
EDMUND D. HULFERT. Vice-President. ALBERT A. S.PRAGUE. II., Vice-Presl-
CH il'SJCET KEEP, Trustee Marshall dent Spraarue. Warner & Company.
Field Estate. MOSES J. WENT WORTH, Capitalist.
( OFFICERS. . "
ORSON SMITH. President. C. E. ESTES. Assistant Cashier.
FDMUND D. HULBERT, Vice-President. JOHN J. GEDDES, Assistant Cashier.
FRANK G NELSON, Vice-President. LEON L. LOEHR. Sec'y and Trust Offioer
lOHV E BLUNT. JR.. Vice-President. A. LEONARD JOHNSON, Ass't Secretary.
J o" ORCHARD. Cashier. . F. W. THOMBSON. Mgr. Frm L'n Dept.
p ' c PETERSON. Assistant Cashier. H. G. P. DEANS. Mgr. Foreign Dept.
'. '' CHICAGO "
EXPORT SALES HELP
Rally in Wheat, With Quarter
CLOSING' TONE IS FIRM
Strength Develops at Chicago in
Spite of Expectation of Bearish
Government Crop Report.
Stock Upturn a Factor.
CHICAGO, Dec. 39. Export sales here
helped bring about a rally today In wheat.
The close was firm at an advance of a
shade to Vie net. strength developed In
spite of a belief that the Government crop
report would favor tha bear side. The ex
tent, however, to which the document would
do so was foreseen. Visible supply figures
being smaller than expected, aided tho bulls
during the final trades. The upturn In New
York stocks counted also against the bears
at the last. "
Unsettled weather ahead brought about
buying of corn. -
Oats reflected faintly the strength of
Liquidating sales broke the provision mar
ket, which closed from 15c to 47Vc lower.
The leading futures ranged as follows:
Open. High. Low. Close.
Dec. ..;... .844 I .8444 '. .4Ji
May ,. .894 .89V4 -80V4 .89V,
July I! 86 .864a .86V4 .865,
Dec. 474 ' .47 .47V4 .JJ4
Mav 48V4 -48V, .8V .4844
July .48 -49V4 .48T4
Dec S2'4 .S2V4 .32 V4 -82 Vi
July 33 .8.1 V4 33 .33 Vi
Jan 8.8 18.42 : 18.00 '6.00
May s 13.27 Vi 18.30 18.05 18. Oo
Dec 10 5O 10.50 10.35 10.37V4
Jan'. 10.O7V4 10.1 2 V4 -92V4 95
May ......10.00 10.05 9.85 9.87V4
Ian . 9 00 '9.90 P. 75 9.77V4
Total clearances of wheat and flour ware
equal to 558.000 bushels. Primary receipts
were 2.228.000 bushels, compared with 893,
000 bushels the corresponding day a year
ago. The visible supply of wheat In the
I'nlted States increased 121.000 bushels for
the week. The amount of breadstuff on ocean
passage decreased 3.232.O00 bushels. Esti
mated receipts for tomorrow: Wheal. 48
cars; corn. 637 cars; oats, 245 cars; hogs,
88,000 head. '
No Chuck Holes to
Another reason for
fTOCKS, BONDS, GRAIX AND COTTOK
NEW YORK STOCK EXCHANGE.
NEW YORK COTTON EXCHANGE,
CHICAGO BOARD OB TRADE,
THE STOCK AND BOND EXHANOB,
. 8 AN FRANCISCO.
Lewis Building, 269 Oak Street.
Phone Marshall 4120, A 4187.
Municipal and Corporation
5 to 6 Bonds
Selected for conservative investors. Details furnished upon
RESOURCES 6 MILLIONS
CORNER FIFTH AND STARK.
Progress is rapid with the man who
combines good credit with his work
ing capital. An account with this
bank gives you the advantage of all
the credit which conservative busi
ness methods permit. -
United States National Bank
Surplus and Capital $2,000,000
THIRD AND OAK
LADD &TILTON BANK
Surplus nd Undivided Profits..
Letters of credit, drafts and travelers' checks issued, availablt.
in all parts of the world.
' vr.M. Idd, PreBlflent. Bobert a. Howard. Atst. CasWer.
Edward CookineTham, Vlce-Praa. J, W. Ladd, Asst. CaBhier
W. H. Dunckley? Cashier. Walter M. Cook. AasL CaiMer.
First National Bank
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COOS BAY LINE
alls from Atnaworth dock, Portland, at
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Tuudsr evenlna at 8 P. M. FreKht r-.
celved daily except Tuesday up to 5 P. a .
Tuesdays up to 3 P. M. Fassencer fai a
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AUSTRALIA AND NEW ZEALAND
(TJalon line ef N. Z.)
SYDNEY TIA TAHITI AT WELIJNGTOS
Direct tbrouzh steamers, sailing; from Ban
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28 days. The line to the Isles of the Sou-
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Agents or address Mind, Rolph & Co.. n
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WHITE STAR LINE
New York Queenstown urapool
Boston Mediterranean Italj
All POBTXANI, BUB,
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For Illustrated literature apply to
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Doreey Smith. ' 69 Fifth St.. Portland.
OS AXGELES AND SAN DIEGO
STEAMSHIPS YALE AXD HARVARD
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the ONLY strictly flrat-claea paasenser
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Main 828. Frank Bollam, A cent. A ii
U IS Third Street.