HOP 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