Morning Oregonian. (Portland, Or.) 1861-1937, December 21, 1912, Image 19

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Morning Oregonian., December 21, 1912, Page 19, Image 19

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Newspaper Page TextHOP CROP SILLER Oregon Yield May Have Been Overestimated at Harvest. VISIBLE SUPPLY IS LIGHT Shipment to Date Have Not Conic Vp lo Expectation Prices May Have to Be Adjusted ' to Meet the New Condition. !-p dealers are beginning; to thin that the W12 crop In this state aas overestimat ed. Exact figure on which to rase the yield ar not yet available, but If the re ported hlpments to date are correct and the stoeka left In the handa of growers ana dealers are, rightly figured out.N the Oregon crop was considerably less than was esti mated at the time, of harveat. l"p to this time the dealers had placed ' the crop at somewhere between 115.000 and 12.1.000 bales. If It should be proved that the yield was SO.000 bales less than was thought. It will make a big; difference in market conditions from now on. and will fully Justify the present strong; prices. The demand continues good, but the of ferlnas on the market are amall and mainly of the lower grades. The Crlasell lot of STS bales at Aurora, was sold yesterday to Mlshler ft Grtbble at 154 cents. The Grecir lot of 104 bales tn the Banks aection waa sold at about IS cents. Klaber, Wolf & Netter bought several lots locally at 16 cents. The California market was active. There were sales of 1100 bales of Sonomas In the past two days at 14 cents. London hop factors' circulars say of the English market: Wild. Neame A Co. A good many hops have been sold during the past week at cur rent quotattona and a rather better feeling prevails on our market. Manger Henley. Trade during the past week has run chiefly on the useful copper hops and a fair amount of business has fol lowed In this class. Prices remain quotably unchanged. W. H. ft H. Le May A considerable quan tity of hops changed hands last wek. Prices now being accepted by the growers are Inducing consumers to cover their re quirements. At Worcester on Saturday the trade was reported to be rather more brisk, consum ers having taken advantage of the low prices to buy in their stocks. Trices are firmer, but not quotably higher. The demand was chiefly on good medium and cheaper grades !nir-8 WEAK IN WORLD'S MARKETS Great rot Drop Itaa Been In Month Americma Varieties. The reaction in the hide market, which is carrying prices downward In all parts of the country. Is not confined to any one variety, but embraces all kindsof hides. The weakness is aleo felt in every market In the world. Advices Just received from Chlcaso say: "harp decljnea have occurred almost daily this week, and priees have been carried to a lower level on some descriptions than has been recorded In several months. Country buff cowhide have declined I He from the top rates of Itkr of three weeks ago down tn 14c for good Ohio buffs. Chicago calf skins have declined 14c in a little over a week and are 2o under the top rntes of a month ago. The decline In packer hides has as ret been comparatively small, not being over c to 1c on native varieties and only i,r to ,jc on branded hides, but this is ow ing to the fact that the packers are not selling at present, knowing the exteremely weak condition of the market. An especially sharp break has occurred in foreign dry hides, with a decline of His on common varieties of Latin -Americans from the top rates secured last vck. Owing to Increased receipts of these, sales have been large, amounting to about S.I.OHO on the basis of -?c for Orinocos and mountain Bo gota and 2Sc for Central Americans and Puerto-Cabelloa. etc. The greatest drop of all. however, has been In River Platte va ; rictles. and further declines of about 2c this week have brought values of these down fully 3c from the top quotations of a short time ago. RWKNT FAI.I. TEXAS MOIIAtK .SALES Prices Range From SI to 37 Cents, and Kid lair Brings Vp to 45 tents. There have been several falr-slsed sales ox Kail Texas mohair during the past week at good prices, says the Boston Commercial Bulletin. No. 1 Texas has been sold at 37 cents and No. - at 33 cents, while good kids hair Is held at 404r4.- cents. There has been no particular demand for foreign hair, sup plies here being limited. There Is little new to be said with refer ence to the mohair situation In the English markets, although some profess to see a slightly steadier tone In the trade there. De mand from certain Continental markets has born somewhat better, but no weights of raw material have been moved. In the primary markets there is little new being doneiAT-owstantinople nothing In the way of business is being placed. At the Cape a fair trade in Winter hair Is still being done, values remaining firm en the basis quoted a week ago. CHRISTMAS TURKEY RECEIPTS SHORT Dealers Uncertain as to the Snpply Avail able la the Country. Arrivals of dressed turkeys are still lim ited and dealers are beginning to wonder whether the Christmas supply will be sufficient- Tbe market was quoted firm yes terday at S3 to 25 cents, according to qual ity. There was the usual Friday trade In live poultry, and as the eupply was moderate, prices were easily maintained. Dressed meats were steady. Kggs were quoted at a wide range on the street, but there was not the weak feeling In the market, taken as a whole,, that pre vailed a few days ago. In some quarters It was believed the recent decline was too rapid. No ehane-s were reported in the butter or cheese markets. tiOOO EXPORT J LOCK TRADE WORKED IIoine-sa Done Mainly With the North China Torta. A good export flour trade has been worked in the past 1" days for January. February and March shipment. The operations have been mainly with the North China ports, hut some business has also been done with Japan, and sales have likewise been made for shipment to Manila. The wheat market was reported quiet yes terday, but with a firm undertone. There was a moderate demand, but offerings were limited. There were no changes In local barley or oats markets. Weekly foreign wheat shipment were as follows : 1 his wk. Last wk. Last vr Irsjentlna 1M.N 72.Hm 21 amm AiKtralla lM.nno J.TJ.iVxt f,tfi.ooit India, u.oJi oBS.uOO .Ibo.'jou I-ocal receipts. In cars, were reported by the Merchants' Exchange as follows: Wheat Barley Flour Oats Ha Monday ! 114 s 13 Tuesdav ..... ' Wednesday .. J? Thursday 1 ' Kri.iay '1 1" S 3 S 13 1 It 4 3 Year ago 7.1 . . . . "' Sea. n to date. l--' Year ago Ti." 5 13-14 SKIi 177:' FRl' IT AND VEGETABLE TRADE (iOOIl Holiday Demand for Outside Shipment Open. Ip Cily Buying flood. The fruit and vegetable trade opened up ye;iaejterdxkJaternoon. . The. holiday shipping demand haa started, and city buy ing la also better. Blocks In nil lines are fairly complete. Among the vegetable receipts was a car of cauliflower from San Francisco, which waa put on sale at 'l.iz, a crate, and a car of mixed vegetables from Ix Angeles. The average market was firm, especially on the large alies Bsnanas were In strong demand and there was also a good trade in grapes and cranberries. The cheaper grades of apples or.eved fairly well. Dank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: clearings. Balances Portland 1.6f.i'75' 111". rieattie - 1.12.1 Taroma 77.7.,i) Spokane 7:ui0 100. PORTLAND MARKETS. Grain. Flour. Feed, Etc. WHEAT Track prices: Club. 787Pc; blucstem. si!! i.'ic: 4-fo!d. S1iSlc; red Rus sian, 77c; valley. JUtc. FLOUR Patents. 14. -w per oai straights. 13.90; exports, 13.009 3.60; Val ley, st.au: srahaiu.. .2'j. ' ti- mo. BARLEY Feed. t23ti 24 per ton; brew ing, nominal; rolled, I2B.50W-7.SO per ton. COl:N Whole. M: cracK?r. J7 per ton. MILLSTUFKS Bran, 23 per ton; shorts. f'W r.er ton: middlings. 130 per ton. HAY Timothy, choice. $17&18; ' mixed Eastern Oregon timothy. $12 15: oat and vetch. Ili; airalla, jii.o; aor, straw. 10 1', OATS No. 1 white. J5g'J5.50 per ton. Vegetables and Fruits. FRESH FRUrrS Apples. 80, 130 per box: pears. 75tS$1.30 per box: grapes. 11.40 per box: Malagas. $8 per barrel; cranberries, logi:.0 per barrel; casabas, $2.50 per doxen. potatoes Jobbing prices: Burbanka COG 43c per hundred; sweet potatoes, 2Ao per pound. tropical FRUITS Oranges; Navels. 11.756 3.00. Florida, 14: Japanese. 1 per bundle; California grapeirun. mj.w rw Ida grapefruit. 4.23; lemons, 0tr6.5l per dox; pineapples, c per pouuu; ipvu..!,. Ites. S2 per box: persimmons, fLiS per box; tangerines, 12.25 per box. O.VIOKS Oregon. 00c 31 per sack. SACK VEGETABLES Turnips. 75e per sack; carrots. 73c per sack; beets. 75o per sack: parsnips. 73c per sack. VEOETABLES Artlchpkes, (191.35 per doxen; beans. 12c; cabbage, lc per pound: cauliflower, J2.25 per crate: celery. S.'.OO per crate; cucumbers. 50 60c per doxen; eggplant. 10c per pound; head lettuce. 12 per crate: peas. 12 Vic per pound: peppers. lOo per pound; radishes, nvzvc per o, nrniili 7c? tomatoes. SI. 50 per box; gsrllC trie per pound; pumpkins. 1V per pound. Dairy and Country Produce. EGGS Fresh locals, candled, 306 33c per dozen. CHEESE Triplets. 19c per pound: dais ies, lute; Young Americas, 20Vie per pound BUTTER Oregon creamery butter, cubes I7HC per pound; prints. I8HG3JC per pound. POULTRY Hens. lit 6 13c: broilers. 129 13c: turkevs. live. HOc: dressed, choice, -'3 23c: ducks. 1214e; geese 12013c. PORK Fancy, Vi10e per pouna. VEAL Fancy. If j 14 per pound. . Staple Groceries, SALMON Columbia River, ene-ponnl tails, $2.23 per doxen; half-pound flats $1.40; one-pound flats, S2.45; Alaska pink, one-pound tails. 83c; allversides, one-pound 'alls. 11.25. COFFEE Roasted. In drums, IO per p and. HONEY Choice. 13.23 O 3-73 per case. NUTS Walnuts. ISc per pound: Bra zil nuts. 12ttl6c: filberts. UOlSo: al monds, 18c; peanuts, BOttc; oo- coanuts, 9ncsi.ou per aoxen; cneswuii. per pound; hickory nuts, 6IOc: pecans 17c: pine, 17Vi-0c RF.a small white. G.40c: large white 4v5c; Lima. ijc; pink. 4.70c; Mexicans, to; DSVOU. 4.tVC. E'tniR Fnilr herrv 13.75: Honolulu plantation. 3.70; beet, 3.55: extra C, 13.23: powdered, barrels. J6; cube, barrela. lo-lj-salt r-.m n ii l rri sis. tier ton: nail- ground 100s. IIO per ton; 60c, 10.75 Pr ton; dairy. 112.50 per ton. RICE No. 1 Japan. B05c; cnea' grades, 4c; Southern head, 5fcc DRIED fHIIITS Annies. 10c per pound; aprlcotl, 12014c; peaches. (011c: prunes. Italians, 8cl0c; sliver, 18e; jigs, vnui hlaclr eurrants Alter raisins, IOCS Muscatel. V47MjC; bleached. Thompson. 11 wc. unbleached Sultans.. 8fec: seeded. 7H OS He: dates, Persian, 74o per pouna ; 11.03 per box. Fins Tnlin i n.min,1 RSe; SO 0-ounce. fl.83; 70 4-ounce, tl.23; SO 10-ounce. 13.23: loose. 60-pound boxes. 0tt0"c: Smyrna boxes. iL10ei.25: candled. 16rl8c. SAX FRANCISCO PRODUCE MARKET Prices Quoted at the. Bay City for Vege tables, Fruit, Etc. SAN FRANCISCO. Dec. 20. The, follow ing produce' prices were current here today: Fruit Apples, choice, 60c; common. 40c; Mexican limes. $43,4.50; California lemons. choice. 15.50; common, $1.50; navel or anger Sl.2393.50: pineapples. t23.50. 1'heese Young America, 16flal6'c. - Butter Fancy creamery, 33c. K?ga Ptore. 23c; fancy ranch. 27c. Hav Wheat, 1231134: wheat and oats, $21t250; alfalfa, $12,50615; barley, $17(j 19. Potatoes Oregon Burbanks, nominal; Sa linas Burbanks. fl.l01.25; sweets. $1.15 (r 2. Vegetables Cucumbers. $1.0091.23; garlic, 2?3i: green peas. 4ic; string beans, tiftr 12ic; tomatoes. 40$jSuc; eggplant. 3'c; onions. SStySOo. Receipts Flour. 616S quarter sacks: wheat. 1278 centals: barley. -7i0 centals; oats. 27 centals; potatoes. 33SS sucks; bran. 72t sacks; middlings, 200 sacks; hay, 240 tons. . Metal Markets. NEW YORK, Pec. 20. Copper firmer. Standard spot and December. Is.S? 17.37c; January. February and Marrli, l.S7l.iC bid; electrols'tic. jT.61wli.Sic; lake, l.b217.8ic t:asrincs. 1 7.23 fa 17.37c. Tin quiet. Spot. 49. 50 50.20c; December. 49.so?l5u.20c; January and February, 49.75 til r,oc. Spelter quiet. 7. 20a-7.40c. lA'art quiet, 4.25 41 4. 35c. Antimony quiet, t'ookson's, 10.50c. Iron Mulet and unchanged. t.'opper exports this month,, 17.6S9 tons. Jniton copper sieiv. .--iii, i , ,, m tnrs f7fi 12s fid. London tin firm. Spot 227, 7 'i: f tit urea 1227 7s Sd. London lead 1! -s bu. iinuun spt-ncr. io i"s. Iron Cleveland warrants. 66a 9d in Lon don. t of fee and Sugar. vrw YtRlv. Dec. 2t. Coffee futures closed steady, net four pnl'its lower to one point higher. Sales. 42.250 bags. December and January, 13.45c; February. - 13.30c: March. 13S"c; April. 13.110c; Mny. 14.tHc: June, 14.0rt"-. July, 14.12c; August, 14.18c: September and October, 14:24c; November, 14.25c. Spot steady. No. 7 Rio. 14'4c: No. 4 San tos. lOHc. Mild quiet, Cordova. 16' & lie. , Raw sugar, steady. Muscovado, SO test. 3"2c: centrifugal, ml test. 3.!)2c; molasses, 88 test, 3.17c Refined, steady. Moderate Wool Buying at Boston. BOSTON. Dec. 20. The Commercial Bul letin will say of the wool market tomorrow: Very moderate buying In the Boston wool market, accompanied with fractional ad vances for certain wools, has been the story in a nulshell this week. Supplies are very remarkably sold out and the stork of wool on hand and unsold In Boston and the en tire country for that matter on January 1 will be notably small. New York Cotton Market. NEW YORK. Dec. 20. The cotton mar ket closed steady at a net lose of 14 to IS points. December. 12.C6e: January. 12.71c; February. 12.lilc; March. 12.67c; April, 12.66c; May. 12.7c: June. 12.58c; July. 12.58c: Augurt, 12.44c; September. 11. Sic: October. ll.SOc. NEW ORLEANS. Dec. 20. Spot cotton quiet. Vic off; middling. 12c. Naval Stores. SAVANNAH. Ga Dec. 20. Turpentine, firm 3S ri 4? 3S. c ; sales. 537. receipts. 445; shipments. 44; stock. 34.WK). Rosin, firm: -sales. 3lt00; receipts. 2800, shipments 4000: stock, l.'4.62. Quote: A, B. $3.6563.70: C. D. I5.K7 Vk r 3.73 ; E. $3.70 fc 5 77'- F. .-.573.S3; H, $5.7V r5.5; I. $.-..Mi 5.e5: K. $35; M. 17.00; N. $7.25. WG. $7.35; WW. $7.45. T Chicago Dairy Produce. CHICAGO. Dec 20. Butter, nrm. Cream tries.. 34''y H5c. Krs. firm: receipts. 1H6! cases; fresh receipts. l22c; ictrlgcrator firsts, 18ViC, fresh firsts, 24c Cheese, firm. Daisies. lrle: twins. 1HUl'-c; Young Americas, lt17t; long horns. ICS. f 1 ic. London Sheepskins stale. LONDON. rec. 20. At tho Cape of Gooi Hp and N:ta! sheepskins sale 177.4-1' ikins were offer-'d and 175.720 sold. The r-'lricted supply caused an active demand, vliii'h resulted in a quick sale. Prli-es er. B-nr. 4 over the Inst silk. l?ng-wooleu ikins sold the best, " NO WEAK SPOTS HOW Strength Displayed by All Parts of the Stock List. READJUSTMENT OF VALUES Vnioii racific Gains Ten Points Trotu Its Regent . Low Level. Speculation Is Orderly Re turn Flow of Casli. NEW V(WK Dee. 20. In the strength . and breadth of today's movement- In stocM thers were Indication's of readjustment of the speculative position along more lavor- able lines. Stocks of all descriptions. Including rail roads, the steel, cooper, can and mlseella neous Industrials, shared In the rise, t'nlon Pacific rose to lOOTs. a gain of lO points from Its recent low level, and of three points on the day. Gains elsewhere vifirn smaller as a rule, but there were no weaa spots among the active issues. Despite the uniformity of the increase trading was not heavy and there were no signs or rampant speculation, uncertain. as to the course of money during the closing days of thff year served as an el fectlve check to active buying. The expected return flow, of cash from the Interior probably will be recorded In to morrow's bank statement, accfording ' to to day's forecasts. These Indicated a cash gain of more than $7,000,000, due chiefly to gains from the Interior. Berlin renewed Its efforts to borrow over year money here at 8 per cent, but no trans actions- were disclosed. The urgency of Ger many's needs was indicated further by of fers of OVs per cent for six months' money, beginning January 1. The bond market showed increased strength, with a good distribution. Total sales, par value, 12,283,000. United States bonds were unchanged on can. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson A Co., Lewis building, Portland. Colsing Sales.' High. Low. Bid. Amal Copper .. oo.3iH 7tf 74 7094 Am Beet Sugar. 3.3O0 52 H 30 32 American Can .. 16.2"0 3114 20 31 do preferred.. 2.1H lit! 44 115 116 Am Car A Fdy. 1.500 55 3414 4 Am Cotton OIL. 400 57 fl4 50M, Am Smel ReX. 9.SO0 7314 -71 , 73 do preferred.. 103 American Sugar 7O0 118 117 11714 do preferred. 113 Am Tel & Tel.. 800 140 13il4 14014 Am Tobacco pf. 1,000 2014 178 2781, Anaconda 5.20O R954 38 3914 Atl Coast Line. . 3O0 132 132 131 AT Santa Fe. 2.700 100V4 103 10"4 do preferred.. .V0 102 102 101 'A Bait & Ohio ... 1.800 10514 1 05 105 Brook R Tran.. l,7oo 8I S814 884 Canadian Pac .. 7.400 259 258 i 2.1H14 0 & 0 3,100 7914 7814 714 C & G W 1X C & N W BOO 13714 13814 137 C. M & St P 5,3o0 113 11214 112'4 Central Leather. !00 2S4 27 2si4 Central of N J 3 Chino 11.IH10 4414 4214 44 Col Fuel & Iron 700 35 33 34 do preferred.. ...... J Col Southern i . Consul Gas 1,100 140 130-4 14014 1) I. ft W oiw D & R G 20 Distillers' Sccurl 22 221 2214 Eric 6.500 3214 31 Gen Eiectrlc ... - S0O 183 184 18414 :t North Ore.. 4n 4214 4114 42 tit North pf 3.700 1.'l5Vj l:i4'j. 135 !4 Illinois Central 127V 127' 1211-4 Inlerbor Met .. 2.1"o 1 1 ixii do preferred.. .5'M) 112 j 0"s '-' Inter Harvester 1.500 113',x 111 112' K C Southern 2'i Lehigh Valley.. 3.3110; 171 170. 171 Lotus .Nasn. . J" Mexican Central 40O 28 27 27 M. S P & S S M 2'K 13P14 1311 U 13l'4 Mo. Kan Tex Hoft 27 27 27' Mo Pacific 1.700 42 '4 41 42' National I,ead.. l.lno 5 14 n; .'. it Nut Biscuit ... 1.200 12714 12214 125 do preferred 12214 N V Central... 2.300 10!' 108 Jc)81 N V. Ont & We 21H 314 31 31 Norfolk At West 300 5 13 112 '4 JJ3 North American 2O0 74 7:1 '4 74 Northern Pac .. 7,5"0 122 12"-7 l-'l Paclhc Mail 20O 31 30 30 Paclnc T T 47 do preferred..- 8 Pennsylvania ... 2.50 122 121 -122 Reading S5.30O liii", 17 l01a Republic H I. l.llW 2 2" 14 2B1, Rock Island ... 1.300 , 241, 23 241s Southern Pacific (MOO 07H 1'J' !"' Southern By ... 2"0 2S'4 28 281, Texas Oil 1.2"0 1001, 10814 KW Union Pacillc . . 63.700 101 ir.7 1I do preferred.. 11 14 Cnited Rds S F 40(1 3(5 33 3514 U S Steel $2.0110. S14 6 58 do preferred.. 8io 100 10'i 109 Ctah Copper ... 3.7"0 58 U '" 38 Wabash " 4 Western Vnlon.. 2O0 74 73 S Westing Elcc .. 2O0 80 78 80 WisconJln Cent 4 Total sales for the day. 546,400 shares. BONDS. Reported bv Overbeek & Cooke Co.-, Board of Trade building. Portland. Bid. Asked. Amer Tel - Tel conv 4s l'"J 111 American Tobacco 4s 95 .... American Tobacco tls 120 Atchison general 4s " Atchison conv 4s HhiVs loti Atlantic Coast Line cons 4 94 !i.i At Const Line "L N coll" 4s. 01 Vi 92 Baltimore & Ohio 314s 90'4 91 Rallimore & Ohio 4s 97 . Vlli Brooklyn Rapid Transit 4s 88 80 Can- Southern first 5s 10o 100 ; Chesapeake & Ohio 4,,s 99 99 C B & Q gen mtg 4s li C B & Q Joint 4 9.. C B & Q Ills 4s , t;; N1 C B A: Q Denver 4s 9.i y.il Central Pacific first 4s 94 94 Chicago & East Ills 4s 79 Chicago I? I &P ref 4s 8C4 81 Chicago R I P Col trust 4s... 4 05 Colorado & Southern first 4s... 93V 94 Denver : Rio Grande 4s 8714 89 Del r Hudson conv 4s 9(1 : 99H Erie first cons P L 4s S5'4 8iiVi lnt Met 4 lis 79 794s Japanese 4s 82 8.1 Japanese first 4'iS 8IM4 91 Japanese second 41s 88 89 Louisville & Nashville uni 4s... 97.. 97Vi Mo Kan Tex 4is 811 87 Missouri Pacific 4s iO 7 New York (.'entral 314s 85 8S New York Central L S 314s 7S 781i New York City 4s l 92 New York Cltv 4H of 1957 1"3 104 Norfolk Western 4s 9(1 14 91 Norfolk & Western conv 4s. ...112 113 N Y Out & W 4s 93 Is 94 V.. Northern Pacific P L 4s 97 ii Northern Pacific 3s 18 OSVi Oregon Short Line 4s 90 't 92 Oregon Ry Nav 4s 92 92 y'- I'enna Ry 4s of 1948 102 Philippine Railway 4s Sfili Reading general 4s 901- 96 Republic of Cuba 5s IOI 101 Southern pacific first re 6 4s.... 93 l3 Southern Pacilic col 4s 92 92 Southern Railway 4s 7ti 77 St L & S F ref 4s 74 5 1-nlted Pacific first 4s 98 9 I nlon Pacific conv 4s 97 97 & I'nlon Pacific ref 4s 95 9ti Cnited States Stoel S F 3s 1"0 loOTi United Staea 2s registered l' ll'lli Cnited States 2s coupon 1 1"1 United States 3s replstered 102 103 United States 3s coupon 102' lo.'! United States 4a registered 113 114 United States 4s coupon. ...... .113 1141; United Railway 8 F 4s 7 07 Wabash first 4s 84 0514 Westlr.ghouse conv 5s 92 92 Western Pacific 5s 93 84 Wisconsin Central 4s 90 91 V- Weat Shore 4s 97 98 ' Stocks at Boston. BOSTON. Dec. 20. Closing quotations; Allouez 3I.Mohawk 57 Amala Copper.. 74. Nevada Con .... 18 A Z L & Sm... 37!Nlplssing Mines. 814 Arizona Com .. 3, North Butte 1:1 B & C C & S M. 4INorth Lake 21, Cal & Arizona.. !9Old Dominion... 31 Cal & Hecla. .. .526 -lOsceola 101 B Centennial lIQjincy 75 Cop Ran Con Co 49, shannon 12 B Butte Cop M. 13, Superior 30 Franklin 8;. Sup st Bos Mln.. 1 Oiroux Con 3 Tamarack 3.; Granby Con ... C".!U S S R M... 4 Greene Cananea. ) do preferred... 49 I Royalle (Cop) 3.". ;Utah Con 10 Kerr Lake 2; Utah Copper Co. Lake Copper.... 24 -Winona t 31, l.a Salle copper 4; Wolverine 0i Miami copper.. 23 Montr. Exchange, Etc. NEW YORK. Dec. 20, Money on pall Arm. 4r5 per cent: ruling rale. 4; clos ing bid, 4: offered at 5 per cent. Time loans weaker: 60 and 90 days, 6 per cent: six months. 5 per cent. t lose: prime mercantile paper, 6 per cent. Sterling exchange steady, with actual business in bankers' bills at $4.81 for 60 dav bills, and at $4.8545 for demand. Com mercial bills,. $4.80. Bar silver. 3c. Mexican dollars. 49'c. ... Government bonds steady; railroad bonds firm. LONDON, Dec. -Bar silver, ateadj. 2d- money., 3 (3 4 per cent: .rato of diar count for short bills. 58514 per cent; do, . - kill- , . - 1 1' nav M.( ,111 rr jiiuiilub 1 . 1 1 r . , SA V FRANCISCO. Dec. 20. Silver bars. 3c. Mexican dollars, nominal. Draffs, sight 2c. telegraph 5c. Sterling on London, SO days, $4.S1; sight, $4.84. Condition of the Treasury. WASHINGTON. Dec. 20. The condition of the United states Treasury at the begin ning of business today was: - Working balance $ 87.007,826 In banks and Philippine treasury :;l,!12,71 Totnl of general fund .......... 140,ChI8,.'i29 Receipts yesterday , I.i99.041 Dlsbursemnts 1.S52.450 Deficit this fiscal year. $4,123,182. as mrntn.t n riVfirlt nf X22.857.555 last year. The Azures for receints. disbursements and deficit exclude Panama Canal and public debt transactions. Minneapolis Grain Market MINNEAPOLIS. Dec. 20. Close: Wheat- December. 81Sl',c; May. 86c; July. 81 rS7.-. Closing: Cash. No. 1, hard. 84c; No. 1 Northern, S2oS3c: No. 2 Northern, O'&Slljc: No. 2 hard Montana. S3c; No. 3 white. 78&79c. Bran In 100-pound sacks. $1919.50. patent!, 93.900 't cieari. 92.903.;U; seromi clears. i u ta . i v. Flax 91.24 vi.3uid. Barley 4J50c. HOBS LIFTED A NICKEL TOPS GO AT $7.35, IX SPITE OF RECEXT BIG RITX. Fancy Ewes Are Advanced a Dime to $4.35 Cattle Market Is Slow but Prices Are Firm. The bulk of the trade in the livestock market yesterday was in the hog division. Prices responded readily to the good de mand, and in spit of the recent large re ceipts, the market was lifted a nickel. Other lines were firm. unly one sale 01 importance w a. In the cattle market, that of a load of choice steers at (.w. Three loads of top-grade hogs were dis posed or auring ine uay fc i load was taken at $7.30. A few heavy hoga sum bi . Business in the sheep house was also lim ited, but the market was in good shape. Fancy ewes sold a dime higher at $4.3. Lambs were moved at $0. Receipts were 158 cattle,. 341 hogs and 1024 sheep. Shippers were J. H. Prahl, Toppenlsn, Wash., 3 cars of sheep; Walla Walla Meat Company. Walla Walla. 1 car of hog3; Nichols & Pope. Nampa. 1 car of hogs; C. A. Oakes si Co., Caldwell, 1 car of sheep; F C. Sharkey, Nampa. 2 cars of cattle; E. K. Wood worth. Nampa, 3 cars of cattle; M. J. Devers, Caldwell, 1 car of hogs; J. M. Nell, Nampa, 1 car of hogs, and E. B. Nox. Terrebonne. 1 car of cattle. -v The day's sales were as follows: -s. Weight. Prlc?. 20 steers "U "-:u' 04 lambs 4 6.00 183 ewes iY Z.,i 7i hop 22S 4 hogs .35" nohos 73 hoes 20S 1-2 1 cow 4 f 5.S0 1 calf 110 "' The range of prices at the yards was ss follows: ,,, r hnlc, steers , .$7.oOH $i...O Good steers ' 75 Medium steers 6.00 6.-5 Choice cows f -00 g 6.o0 oood cows r:,s M.dium cows 4.50 5.25 Choice calves I'iSH S AM Oood heavy calves Bulls ? "! Stags - 0.U0W o-w l.lahfT. 7.25 V I-?5 Heavy 6.00W 6.&0 Sheep , .. Yearling wethers 5j 4"5 Ea'mT.s"::::::::::::::"":":": H:o :Vs Omaha Livestock Market. . . . -t, , - ah a it a Tf 0 Cattle Re- "y.''""""ii.-. r;- K.tiv. .teer. $ IO; native cows and heifers. 0t5- Western steers, J5.40SD8.40: Texan steers, $ l.0t)6.30: Texas cows and heifers. $:i.50fc6.50: canners. $:iw4.25: stockera and feeders, $ 4.75 r 7.75: calves, $3.254f 8.i-; bulls, staas. etc., $4.40 &0. Hots Keceljjis. maiaei. 5c higher. Heavy. 7t7.15; mixed. $7i 7.05: light. .f0r7.10; plgi- $'Jf7; bulk of sales. $6.1)5 It 7.05. ,., 1 1 jtnn- mo.liM Ktroneer. Yearlings. $5.50'q 6.50: wethers. $3.90516.90: ewes, $.l.i Jtff .w; janiui.. ji-bo. Cotton (iinnlns; Is Lighter. WASHINGTON, Dec. 20. Less cotton was ginned during the period from jjecemDer i . 13 this vear than last year, the total having been 570.312 running bales, compared with n.vi.920 bales last year. The Census Bureau's report. Issued today, announcea 12.424.852 running bales had been' ginned riiirlne1 the present season prior to Decem ber 13, compared with 13.770.727 bales for the same period last year. The average ginnings per working day during the period December 1 to I t waa u7, 031- bales, compared with 95,302 bales 'last year. The daily ginnings. however, were more than in 1910 and 1W0, but less than In 1908 and 1907. Orainfl In rao Francisco. KAN FRANCISCO. Dec. 20. Spot quota tions: Walia Walla, $1.455 t.4'4 ; red Rus sian, 01.43 1.45; Turkey red, $1.52 li 1.55: iiluestem, $1.52fe 1.5." : feed barley, $1.40f 1.42 i ; brewing barley, nominal; white oat-;, $1.47 i 1.50: bran. S234i.23.50; middlings. $32r3; shorts,- $2B.5027. Call board sales: Wheat No trading. Barley December, $1.45 per cental; May, $1.36 per centaK Pugret Sound Wheat Markets. T A COM A. Wash.. Dec. 20. Wheat Blue stem. Stic: fortvfold. 79c: club. 7SVc; red Russian, 76c. Yesterday's car receipts V neat, zu; Daney, ' uuis, x. na?, o, SEATTLE, Wash., Dec. 20. Wheat Blue stem, 82ijc; fortyfold. 80c: club, 79c: nfe. 77c: red Russian, 76c. Yesterday's car re ceipts Wheat. 39: oats, 3; barley, 4; corn, 3: hay. 32; flour. 5. Kuropean Grain Markets. TXJNDON, Dec. 20. Cargoes firm, few of fers. Knrlish country markets oulot, French country markets steady. LIVERPOOL. Dec. 20. Close: Wheat Spot, nrm: futures, steady. December, 7s 4'rd: Mnrrn. is -t4.n; .-wny. is -n. Capital & Surplus - $2,000,000 STRAND . BY YOUR BANK AND YOUR BANK WILL STAND BY YOU UNITED STATES " National Bank 'Third and Oak Sts. CROP IS IN DANGER Heavy Rains in Argentina as Harvest Is in Progress. WHEAT SOARS AT CHICAGO Sudden Buying Flurry Advances Prices 7-8 to 11-8 Cent Re ports of Enormous Receipts at v Primary Points Ignored. CHICAGO. Dec. 20. After a listless fore noon the grain markets here became sud denly active and firm, wheat closing s to Hc higher. Heavy general rains extend ing over the entire wheat belt of the Argen tina, where harvesting Is in progress, was the first bullish news of the day. The trade Ignored it for a time, but when a private authority was rumored and the rumor lacked either confirmation or denial to have estimated the Canadian crop at 50. 000,000 less than the Government, wheat suddenly became well worth having. Spec ulators, who have -been negatively bullish, suddenly became active and shorts got from under. All this occurred despite a sluggish cash market and a heavy movement to primary points, today's receipts being almost treble the quantity of the corresponding day a year ago. Grainladen trains are congested from Minneapolis and Duluth hundreds of miles to the West. May ranged between 90 He and 91 c, closing c up, at 91 81c. A poor cash market and excellent weather for shelling, conditioning and shipping in fluenced the corn market early, but strength developed with the latter advance In wheat. May closed at 4Uc. Oats closed at the top. with shorts cover ing. May closed at 33H33',ic. There was considerable speculative buying of provisions and the close was from 7 to 20c higher. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Dec. $ .85 5 .87 $ .85 $ .844 May WOT, .91 Ti -90 .91 July ...... . .87 .88 Is .S1 .884 CORN. Dec . . 48Vi .48 .47T4 -4H Say " .48 .49 .48 .49 July 494 .50 .49 B0 OATS. Dec . .32 .33 .32 .33 Say :: .: Mt -3 -5 July 33 .33 .33 .-3 S MESS PORK, jac. ..'....17.90 18.10 17.87 18.10 May 13-20 18.22 18.12 18.22 LARD. Dec 9 90 9.97 9.90 9.97 Say .. . .. . A95 0-t)7 V4 - .2 .97. SHORT RIBS. .Tan 9.72 B-SO 0.70 9.SI) May 9.73 9.e0 9.72 9.8'-' Cash miotatlons were as follows: CorNo. 3, 446c; No. S white. 47 48c; No. 3 yellow. 4647c; No. 4, 44l45c; No. white, 4547c; No. 4 yellow, 4646c. Rye No. 2. 62c. Grain statistics: Total clearances of wheat and flour were equal to R83.000 bushels. Exports for the week as shown by .Bradstreet's, were equal to 6 6 98.000 bushels. Primary receipts were i ttn nno bushels, compared with .152,000 bushels the corresponding day a year ago. Estimated receipts tor tomorrow. 30 cars: corn, 354 cars; oats, 204 cars; 10,- 000 head. - m The street pavement is a most important factor in the up building of cities. BARBER ASPHALT has, in every progres sive city through out the country, and under the most ex acting tests, demon strated its durability and economy. The man who has tried out all the vari ous kinds of pave ment is the man who best knows the value of each. Nine out of ten times he says "Bitulithic." J.C.WILSON&CO. STOCKS, BONDS. GRAIN ANI COTTO.V ' MEMBERS NEW YORK STOCK EXCHANGE, NEW YORK COTTON EXCHANGE, ruicacn HOARD OF TRACK, THIS STOCK -AND BOND EXUANGK. SAN I'HAatlSLU. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120. A 4187. TRAVELERS' GOTDB. - Jargect. w-asiest ana r ' . . . tbe East and West Coasts of So. America For Illustrated literature apply to The Royal Mail Steam Packet Co. The Pacific Steam Xayigation Co. Doner Smith, 68 Fifth St., Portland. . etMm.ri nn Your Savings and Government Supervision THE LUMBERMEN'S NATIONAL BANK is an institution op eratiii" under the supervision of the United States Govern ment It" is regularlv examined by Government officials, and makes reports as to its condition when required at irregular in tervals. Your savinsrs in the Lumbennens National are, therefore, pro tected by the "stringent laws of the Government. lumbermens National Bank RESOURCES 6 MILLIONS Fifth and Stark. LADD &TILTON BANK Established 1859. Capital Stock ' Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers,' checks issued, available in all parts of the world. . OFFICERS. . W. M. Ladd, President, ?,!?,erTt SJ f(iwV Asst. Caahler. Edward Cooklns-ham, Vic-Fres. J. W. Ladd. Asst. Cashier. W. H. Dunokiey. Cashier. Walter M. Cook. Aast. CaahUr. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of the Rocky Mountains fTNVESlMilX vide incontestable receipts in the form of canceled checks for bills paid. Talk with us about it. Hartman-Thompson Bank Chamber of Commerce Building, Fourth and Stark Sts. TRANS-ATLANTIC LINES AMERICAN LINE N. Y.-PIymouth- Cherbourg -Southampton Atlantic Transport Line New York London Direct RED STAR LINE m t a N. I. Dover Antwerp WniTP STAB nnMTNlflM POBTMNi), MB, Canada Jan. 18 Dominion.. Feb. WINTER RIVIERA-ITALY-EGYPT Via Madeira, Gibraltar, Algiers, Monaco. "ADRIATIC" . "CEDRIC" The Largest Mediterranean Steamer . . ka w t-m 0 -U 4 D A JAJS. 7, aJAI. Sl( XE.X. lOf iia-"- BOOK NOW FOR JANUAKY tKUiSLa "Adratic" Jan. 7 "Cedric"Jan 21 I "LAURENTIC JAN. 8 rnMl'AT8 OmCE. 618 SKCOXn AVE., MArV FMIOR, REAR. SEATTLE. Or Ixral Hallway and Btaanwlilp Aitentn. niHion Cruises - A LA CAltTB EXPRESS SAILING JAN. 4tk Monaco Nanles Alrxandri tr Pt W int la r THE CUNARD S. S. CO. Ud 21 iru--ai a HIT WT TBAVELEK8" GUIDE. TAKE THE SEA TRIP FROM SanFrancisco toLos Angeles .85. KOUND TRIP $15.70 To San Diego $10.00. BOUND TRIP flH.00 Going South this way will break the mo notony of land travel and will e'La,;1 you o see the Exposition City. Take either the Yale or Harvard They're the fastest boats flying the American flag and otter freedom from smoke, noise and dirt. For folders and reservations apply to PACIFIC NAVIGATION CO.. 6S0 Market St. Market St. Sao Francisco. Cat. Ixral Acent. FRANK BOLUM, 1?S 3d St., Portland. 1'hones Main A 4;6. I -irT u ii 1 1 1 1 ' j m n i i i A checking account with us will enable j7ou to spend more judiciously, reveal ways and means for you to accu mulate more rapidly and pro WHITE STAR LINE New York Queenstown Liverpool N. Y.-Prymonth Cherbourg-Southampton MEDITERRANEAN CRUISES Boston Mediterranean Italy Canoplc . . Fb. 1 Canopio .March IS TO IJ KKl'OOI. i Canada .'??; ? ...March 1 1 AVUIUHIW CRUISES PANAMA CANAL Weat Indira South Amtrlca "LAURENTIC" "MEG ANTIC"- Two Largest. Newnst and Finest In th Trade. JAV. . JAN. tt. ixb. ;. mi M -v " ' ' m - 28 and xv umy. 911a ua upiwu. r Unsurpassed Luxury and Comfort Madeira, Gibraltar, Algiers, Monaco, "1ACONIA Jan. V A --IANCONIA''' Jan. 18 "CARONIA" Ja- Mr- 15 mT.vrwv.tlS, PERMITTED " WITHOUT CHARGE aMtht to Stale St, N. Y. 3- TRAVKUflK OrlDE. San Francisco, Ls Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. tail fcvery Wednesday Alteraaleiy V. M. NORTH PACIFIC S. S. CO. li'J A Third St. Pkuaaa Halo lata, A 13U. AUSTRALIA AND NEW ZEALAND v (Union Line of N. Z.) 6YDSEX 1A TAIUTI AND WELLINGTON Direct through steamers, sailing; from Ssn Francisco. Jan. 8. Feb. S. and every 2S days. The line to the Isles of the South Seas. For reservations see Coupon Hallroa.& Agents or address Hind. RolpH & Co.. Rn eral agents. 67 Market St.. ban Franclsca E. PRESS STK.VMERS FOR San Frunriftro and Loh Angeles WITHOUT CHANGE S. S. BEAK sails at 4 P. il., Deconiher 5. THE SAN FRANCISCO A PORTLAND S. a, CO., Tloket Office IMS Third Street. Phone Main 2605, A 2509. COOS BAY LINE STEAMER BREAKWATER sails from Ainswortb. dock, Portland, at A. M. December , and thereafter aver Tuesday evening; at 8 P. M. Frslsht r. celved dally except Tuesdays up to 6 P. . Tuesdays up to 3 P. il. Passenger fat 4 first-class. 110; second clasa, S7. tncludll berth and meals. Ticket office at Als worth dock. The Portland Coos Bay 83 Line; I IL Keating', Agent. IX