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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 16, 1913)
17 XHJ2 MOK.LN(i OKJbXiOJSiA-N. 1HUKSUAY, i JAMUAKI 16, 1913. WHEAT GOES HIGHER Bluestem Sells for Better Than SO Cents in Coast Markets. ALL GRADES ARE ADVANCED Conditions Stronger Than Ever Be fore Knovtn at Tills Time of Year Snpplies in the Conn try Are Decreasing. Conditions In the wheat market ar stronger than liave been known for a long time at till.- jx-riod o( the year. The sharp demand is putting the price up daily, as seller are orterfnsr sparingly. "With the farmers practically out of the market, buy ers find It nccesary to bo to jpeculatlve holders for surplles. and the latter are ask ing theh limit, and getting It. Bluestem is the center of Interest In the trade, as stocks In the country are dwin dling and there is keen competition for what Is available. The general quotation In blu'stem yesterday was cents, but galea at a cent better were reported here and on the t-ound. Club wheat sold on the baaia of 83 and S34 cents, and 40-fold brought a cent over this price. There waa also a- good demand for red wheat. Millers seem largely r"; otisible fo- the high prices, as they are continually bidding up lor bluestem. California buyers and ex porters are also in the market, and cover ing operations by shorts are a considerable factor in the upward course of prices. Figures that have been compiled of wheat holdings in the country indicate that only about 12.000.000 bushels out of the crop have not been moved, and out of this sup ply must be taken what is needed for con- umptlon during the remainder or me sea son. Stock in farmers' hands are placed at about 8.000,000 bushels. The coarse grains continue to exhibit strength. There were sales of oats yester day at X27. and for barley 2r..0O was bid. Loral receipts. In cars, were reported By the Merchants' Kxchange as follows: Wheat Barley Flour Oats Hay MnnHav Ill o 1 - 4 Tuesday Wednesday .. 21 Year ago .... :t Kson to dalc.ll.SyS Year ago .... S.OO.t :; 1 I luSt 10OO lo'M 21 J222 14S8 12:i 1!I2i! UKrTED SIUAR 13 DOWN AGAIN toast Market In 10 tent Lower and Is Weak at the Iecllne. Following additional declines In the East, all grades of refined sugar in the Coast markets were reduced 10 cents a hundred yesterday. The market Is weak at the drop and further declines are anticipated. Sugar men attribute the weakness of the market mainly to the large crops harvested in Europe. Cuba and the United States, but they believe prospective tariff revision Is also a factor. The visible supply of sugar In the world Is now 3,44(,0li0 tons, as com pared with S.tW.lfl In 1012. an Increase of ;sn 000 tons, due to the large crops of beets. An English view of the situation Is given by the London Produce Markets Review as follows: "The prospect next Spring of reduced susar duties In the United States will prob ably exercise a restraining Influence on the Cuban planters In the early months of 1013. but should the present price of beet be maintained or exceeded there Is the prob ability of Cuban sugar being shipped to Eu rope: In the absence, however, of other cane imports here this would be more welcome than otherwise to those refiners who use nns only. Although the demand for raw sugar Is at the present time very moder ate, this is more because supplies are short than for any other reason, the Imports only amounting to 12,2110 tons, compared with 7;.10S tons In the same period last year. IIBST CAR OF ONIONS GOES SOUTH Two Carloads AIm shipped to Honolulu Some Movement in -oio-'. A ear of onions was shipped to .Callfor i .trH:- This is the first car of th season to go south. There are a number .f orders on the market and a steady ship . i fnim nn nn ran he ex pected. Two carloads of Oregon onions have also been snipped to xiunoimu, otic by way of Tacoma and the other by way of San Francisco. There are Inquiries from Honolulu for potatoes, but owing to the lack of a direct steamer line, shipments cannot do prom ..i.... fr,m Portland. .V few cars of potatoes are being shipped to California. The best of these were oougni irora larni ers at 40 cents. TOMATOi-S KEC'EIYEU I'1UI MEXICO All Other Vegetohles Are Source and 1'rice. Are I'irm. A ear of Mexican tomatoes was received ycMerdjy in good condition and they met with ready s.ile at 2.2". a crate. Other vegetables were scarce and all kinds were firm. Celery has entirely cleaued up. 1 nere i rnourh Inline on hand to run the street for the remainder of the week. A car of seel potatoes was received, t'rancafc are moving out In a fair way, but the demand la not brisk, though a scarcity of the Iiult in the near future is inevitable. T!e apple trade continues slow. t.rowrn.' Holdings of Hops, Small. The lull In the hop market after the ex cited tsading that marked the tlose of last week has gUcn tho dealers an oppor tunity to revise their lists of the unsold holdings. These show :0 bales left in the hands of Oregon growers. 1MW bales unsold in Washington and 13, ."00 bales remaining in California. The total of 22.S00 bales is very smsll for this time of Jear. considering the large crops produced on the Coast in ;12. No Improvement in Egg Trade. There was no Improvement In the egg market. Receipts were ample and buyers held back. Candled Oregons wero generally quoted at 30 cents. Poultry was also weak, with a light de mand. There was a good supply of dreMd pork, hut the market was steady. Veal .s scarce and firm. Butter anil cheese were quoted unchanged. Bank Clearlug. "Pmk le.irings of the Northwestern cities jc.tvidjy were as follows: t ivr.l:-tl 'f Sp.'kui!" ...$1.N74.I f 1 rOKTUVD MAKK.ETS. (.min. Flour. Feed. Etc WHKAT Track j.rli-fa: Club, SJUfC.'tc; hlursit.-m. V 4-folJ, M t MC; Kt-d Russian, ile; valley, !4c. n.OI'K Pntenis. $4.:J pr barrel: Lt..KM. vxpart. $3.80 3.70; val- lcy. HiO; Kruhttm, $4.40; hol wheat. 1 1 t. HARI.EY-Ffol, j:;.M) t 14 0 Tcr ton; brewing, nominal; rolled, fJ5.50626.50 p lua. fO:;X Whol. $27; cracked. S3S per to a. HAY Tnnothy. ctioire, ft'"; mixed. Eastern Orrgon ttmo:hv. f q$ 15; oat anc -tch. alfalfa. fll.oO; clover. $10; straw. f'jtf7. MILLSTLFFS Fran, f.2 pr ton: horU. fJ4 pr ton; mi1JMnifa. f-in per too. OATS No. I wbile. j:ti2 7. Vesrtablra anil FmiU. )T.E?H KRITS Apples. OOcff M.SO Pr Vi-i; pear?, f - v-r box; iciapes. Ern- pcrorn. J-", per barr-!: Mi'itsir fS per barreL POTATOES Jobbing prices: Bur thanks, icr lmiilrl. rv.-t "taiors. .".lc S CK VKIETAPLES Turnips. 75c p ck; carrots, ic pr aack; beta, .5e par aaik; parnip, 73c per sack. TROriCAl- FRUITS Oranges: Navel. 2.:.t4; Florida, f!: Japanese. $1.25 per bundle: California srarefrult, ,2.3S.2.: F'.. rlda grapefruit. 4.23; lemons. I7.0 per box; pineapples, tic per pound; pome granates. $2 jr box;' persimmons, $1.73 per box;'tangerines, S2.25 per box. - OXION'3 Oregon. 1 per sack. VEGETABLES Artichokes, 11.50 per dosen; cabbage, 1c per pound; cauliflower. 13 per crate; celery, SS.50 per crate; cucumbers, 75ci$2 p-r dor.; eggplant, 10c pound: head lettuce. J2.50 per crate; pep pers, loc per pound: radishes, 35c per dozen: sprouts, loe: tomatoes, $2.2j per box; garlic 56c per pound. Dairy and Country Prodnce, KGG.S Fresh locals, candled, 30c per dozen. CHEESE Oregon triplets. IS 19c pound. BUTTER Oregon creamery butter, cubes. 37-4C per pound; prints, 384 39c per pound. FOI'LTRT Hens. 1214 S 13c;bro!lers. 12H 1 13c turkeys, live. 20c; dressed, choice, 23c; ducks. l:t(il4c; geese. 12c. PORK Fancy, 1010Hc ner pound. VEAL Fancy, loSrl&c per pound. Staple Groceries. SALMON Columbia River, one - pound talis. 42.23 per dozen; hafT-pound flats, 11.10: one-pound flats, 12.45; Alaska pink, one-pound talis, S5c; sllversideB, one-pound talis 1 ''I COFFEE Roasted, in drums, 24940c per po ar.a. HONEY Choice, .1.2S3.T3 per case. NUT.i Walnuts. ISc per pound; Brazil nuts, l'iftil.-ic: filberts. 14&15c: almonds. ISc; peanuts, o&ofec; cocoanuts, 90cLOO per dozen; chestnuts, 11c per pouna; mem ory ruts, 6$luc; pecans, 17c; pine. 17 '4 : 20c. BEANS Small white. 5.40c: large white, 4S5c; Lima, 6Sic; pink, 4.70c; Mexicans. 5c; ba.oc. 4.63a Sl iUR Fruit and berry, S."i.43: Honolulu plantation, Sj.40; beet. S5.2."; extra C, $4.93; powdered, barrels. $3.70; cube, barrels, $3.80. SALT Granulated. $14 per ton; half ground 1008, $10 per ton; 30s, $10.73 per ton; dairy $12.50 per ton. RICE No. 1 Japan, 55V4c; cheaper grades. 414c; Southern head, 506c DRIED FRUITS Apples. 10c per pound; apricots, 1214o; peaches, 8llc; prunes, It .Uaus, 88 10c; silver, 18c; figs, white and black, 67c; currants, 914c: raisins, loose Muscatel, 614714c; bleached. Thompson. 1114c: unbleached Sultanas, 84c; seeded, 7W8Hc; dates, Persian. 7V4c per pound; fard. $1.65 per box. FIGS Twelve 10-ounce, 85c: 50 -ounce. $1.83; 70 4-ounce, $2.25; SO 10-ounce. $2.23; loose. 50-pound boxes. 614 97c: Smyrna, boxes, $1.1-Jgl.25; candled. ie18c, Provisions. HAMS All sizes. 1810c: picnics, 13c; skinned. IS 14 c: boiled. 27c. BACON Fancy. 272Sc; cnotce, zucjuc LARD In tierces, choice, 14 c; com pound. 914 c. DRY SALT MEATS Regular short clears lCWS ISc; short clear backs. 12 to IS lbs 1314 613c; short clear backs. IS to 25 lbs 1314 fcl3e; exports. 14c; plates, 10llc BARRELED BEEF Extra mess beef, $14; mess beef. $13; extra plate beef. $17.50; plats beef. $17.50: rolled boneless beef, $30. BARRELED PORK Best pig pork, (23; brisket pickled pork. $23. Hops, Wool and Hides. HOPS 1912 crop, prime and choice, 19 20c per pound; 1913 contracts, 15ft' loc MUMA1K t-noice, per pounu. PELTS Dry. liltfUc; butcher, Jl1.15; short wool. 7 iff 10c. WOOL Eastern Oregon. 14 18c per pound, according to shrinkage; Valley, 2114 C 2214e per pound. HIDES Salted hides. 12c per pound, salted calf. 18c; salted kip, 13&14C; green hides, lie; dry hides, 22?23c; dry calf, ao. 1. 25c: No. 2, 20c; salted bulls, 8c CASCARA Per pound. 4ft 44o; car lots, 4ito3c. Linseed Oil and Turpentine. LINSEED Oil, Raw, barrels, 50c; boiled, barrels, 52c; raw, cases, 55c; boiled, cases, 57c. OIL MEAL Carloads, $37.59 per ton; less than carloads. 40 pr ton. TURPENTINE Barrels. 5414c; eases. 57c. GASOLINE; Naphtha, in iron barrels 16c, in cases 23c; motor gasoline. In Iron barrels 17c, in cases 24c; engine distillate, in iron barrels S14c. in cases 1514c. YARD RUN IS SMALL LOCAL LIVKSTOCK MARKET IS WITHOUT XEAV FEATURE. Hogs Do Xot Touch Tuesday's Quo tation by Dime Cattle and Sheep Trade Dull. There was a light supply of stock avail able at the North Portland yards yesterday and but little business was put through. Market conditions were not materially changed from those of tho preceding: day. Practically nothing was done in the cattle division. A continued strong market is ex pected until grass cattle make their ap pro rance- Two loads of hog made up the sales in the swine department and the best sellers i-ould set was $7.64.-. which is a dime under the price paid for top light hogs on Tuesday. Tho sheep market was dull. Receipts were: Nine cattle, 234 bogs and 314 sheep. Shippers were E. A. Taylor. Benge, Wash.. 1 car of cattle and hogs; Hugh Cummins, Albany, t car of sheep and hogs: L. V. tientrv. lleppner, X car of sheep; Mr. Zim merman, Cclton. 1 car of cattle, sheep and hogs, and A. B. Oalc, Sheridan, X car of hog!. " The day's sales wero as follows: Weight. Price. 7". hoes 1SH f7.tf 1 hog "10 7.O0 1 hog 4)m t;..-.o 51' hogs 1; 7.00 5 cows 10."0 7.00 The range of prices at the yards was as follows: Choice sti-ers - $7,2011 fS.OO Good steers 7.00 tt 7.310 Medium steers ................. fi.r.o 7.00 l'h-h'e -iws e.-'irtr 7.00 (rtlCd cows b.OO '( 6...I) Medium cows .l.iHfn .00 Choice calves S.oO'a- V.0v Good hn y calves ............. 6.503s 7.a0 Hull 5.0 J logs I.isht T.SOft; 7.70 He;iv 6.00 7.00 Sheep Yarltng wethers 5.0ftr S.si; Ef!. 4. AOt 4.S5 Lambs 6-t0b 0 Kantrrn Livestock 3Iarkel. eeipts. 4.'.'.'0; market, steady. Native steers, f rt. 41 r.y . ;o : cows and ; ei f ers. 75 i 7.00 ; Westei n steers, f 50 &&.."; Texas ste rs. f 4. 75(1 tt-25: ranne cons and heifers. $3,504? csnners, f:;.-."i 4.40; stockers and feed ers. $4.7."f 7.75; calves, JOttf 11 ; bulls, stags. iv. f I -5 Hokb Rof.-"iPt5. llVOOti: market, steadv. Heavv. S7. IT ft 7.1:5: mixed. S7.05fti7.15: light. : h.'.ki 7. 10; pig?, y5.75atj.75; bulk of sales, J 7ii 7. -0. 'heep Receipts. l70rt; market. steady. Varllnca CT.T 1.1- -(hrvi ST. ft t ewes, f 4.50ii 5.10; lJmbs. i$G 9. . C hlrago IJvertork Market. CHl'-'AOO, Jan. 1.". Cattle .Receipts, 17,- 000: market, steady to shade lower. Beeves. f5.'JO?i 0.55; Texas sters. j(!4. 75 ii 5.75; West ern steers. $3.60i 7--0; stockers and feed ers. $4.75 i 7.H5; cows and heifers, f2.M ri; calves. $7.00f 10.5O. llo Receipts. ;.0,0t0; market, strong to higher than Tuesdays average. Light. $ 7. U 7.4o: mixed, f 7.1ti 7.4; heavy, f 7 1"-: roiich, i.H; pigs, f5.b5$i.40; bulk uf sales. 7.U."1 7.40. iliofp Receipts, ait.H; market, weak at Tuesdav"n close. Native. $4.75.(5.30; West ern. 4.7.ri 6.sr; yearitngs, jti.;.o? .;: lan.bs. native, ?.7.tfc .2t; Western, f1.tQ New York Cotton Market. N K W YORK, Jan. 1 5. Cot t on f u t u res isfil firm. Closing hi is : Jan uar". 32 6ic ; February. 12.2ih-; March, l-.5c; April. V.'.'.',.f : May. J.- J-.c ; j une. j j. nc ; J uiy, li'.2N': August, li'.MSc; September, 11.5ttc; October, 11.47c; December, 11. 47c. NEW ORLEANS. Jan. 15. Spot cotton steai!;. unrhangad. 124. SAVANNAH. Jan. 15. Turpentine, firm. j;n4f ; shIcs. 4o; receipts, ;;,; shipments. Rostn tirm: sales. 152": receipts. 150O: shlpm.nts. 4Vi; 3tok 1.M.1"". Quote: A. B 4. .".:: c. I. V, S3 2-l ii 3.33 : F. 5.33 :. I.".; . 5.r3.43: II. S5.43: 1. 7 3: K. .".7.V M N. -i.7.-: WO. 7.-1: WW, S7.23. Wool sit St. Louis. ST. I.Ol'IS. Jan. 15. Wool. ..teedy. Tr- ritori- and W'M-m tncmims. -i-.'c, niw medium?, JS'j2iv; fine, 13il7c. Chicago Dairy Produce. CHICAGO. Jan. li. Butter Firm. Cream eries. 241 134c. Ksgs i.asy: receipts 3fiil cssas. Fresh receipts at mark, cases Included. 2023c; re t rtj,''ti'or tirsts. liH-; flrsis. 2::l5C. Chees.' steady. Twins. lai Irtuc: Young Americas, long horns and daisies, Iti4tft i7c FALL IS CHECKED Stocks Develop Strength Af ter Two Days' Weakness. METALS MAKE GOOD SHOW Europe Is Heavy Bujer of iSecurtties In Wall Street Traders on SJiort Side Take Fright and Cover Extensively. NEW YORK, Jan. 13. By comparison with h twft nrcvious davs of pronounced weakness, the stock market gave a better account oZ itself today, but it. nevenneies cniiiiniioH m roiifct the disordered state or speculative sentiment. The market was nervous and irregular with contradictor tnm-umonta u m on ir varlotis Issues. Lhigh Valley and Southern pacific weakest or tne more promiuem issues, metal shares developed strength. Various forces operated to cheek the de itn Tho t.n.itlnn of th Eurooean markets was a favorable influence, and purchases of stocks by Kurope were tne Heaviest in vi time. It was estimated that Europe bought 40,000 to 50.000 shares, London taking chieflv steel and Union Pacific and Paris Amalgamated. Traders, with heavy commit ments on the short side, showed some un easiness and covering operations were car ried on extensively, particularly in iue mew Political consideration again figured prom inently. All Wall street talked politics today ana apparently neauway was nwuc lunam dispelling the nervousness which has been reflected In the week's dealings. Bonds weie under slight pressure. Total sales, par value. Jl,9aT,oou. Manama js au vanced i on call. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson & Co., Lewis building, Portland. Closing Sales. High. Low. ilid. Amal Copper .. 40.7W 7H 71V 7J Am Beet Sugar. 1,500 35'4 "'j Aznerlcan Can.. 7,100 27 K -5 do preferred..- MX 114 114 Am Car 4 Fdy.. VMW . aa SI'S Am Cotton OH.. 1.04M Z'Ki 5-J ;3 Am Smel A Ref tt.aoo 70 Vs 06 H "O do preferred jy-? Am Sugar 1.80O 110 1134 11 5 do preferred.. 400 115'4 115 115 Am Tel & Tel., 8.:tOO VM l'i Am Tobacco ... 2.400 281 278 2.9 Anaconda 4,Min :17 :wU ' , Atl Coast Line.. 700 129 1J9 WH A T & Santa Fa 4.00 104V4 104 Vs 14 Bait & Ohio ... l.OO 105 . l"4i lO Brook R Trail.. 3.5w 8 Canadian Pac .. u. 24:t 241 H -if C & O S.IOO 70V4 ".-,4 . S r x. n xv ...... r.oo lrt4 low iVi C & N W 40O 1354 1"!4 C. M & St Paul 8.5W 1125s HI 'A WJJ Central Leather r!. Central of N J. SOO 3M 300 Chlno 30.5O0 42 41 14 4JH Col Fuel & Iron 600 32 Jl -1 Col Southern . .' ,- l Consol Gas ... 900 137 1309 1.T U D, L & W 43;. D & R G 20O 21 20 24 Distillers' Secur - iH Erie 1.500 30H 304 .10 la General Electric Gt North Ore.. 400 ..... ..... - - Gt North Pf ... 4.400 127 120 12 Interbor Met 300 17 17H 17'4 do preferred.. 2,:.0 00 Vs 0 WW Inter Harvester 50O 107 100i 10i KC Southern.. 50O 25 ? ,r;;5 Lehigh Valley.. 16,900 101 3;.9Jfc 1;.9 Louis & Nash.. 700 130 138 1-JJ M. S P & S S M 300 138 1S Mo, Kan & Tex 1.100 2 M 2b Ji Mo Pacific 3.400 4o 40 4 40Vt National Lead.. o -ij's J Nat Biscuit ... 400 119 118W 110 N Y Central ... 900 107 100 10 NorEnerrP?-' iis iifW Pennsylvania ... 1,400 T22i 121) 1J2 People's Gas ... 100 - Reading. TS.lOO 102 161 12 Republic S I 800 2 2SH 23 Rock Island Co. 5.300 2.1 2' ti -?J Soatheru P.-.C .. 20.100" lOB 1 t 10.; Southern Ry .. 2.;"0 2fiJ4 Texas Oil 700 117 14 H Ji-Jf Union PaclAc .. 38,500 157 15 1'H do preferred.: 2.70 109 1JJ4 rtah Copper ... 7.200 54 !4 ; Wabash "; -V'? Western Union. 1.000 724 71 .1 Westinr Elec .. 2."0O .4 . U Wisconsin Cent. 800 Total sales for tho day. 4OT.20O shares. BONDS. Reported bv overbeck 4 Cooke Co.. Board of Trade building. Portland. Asked Amer Tel Tel conv 4s 108 10M American Tobacco 4s A American Tobcco (Is ni'ji Atchison general 4s .SIS in'.i Atchison conv 4s l4Js lOo'i Atchison adj 4s stamped J Atchison conv 5s 104,, IJjt Atlantic Coast Une cons 4s.... V1V, At Ooaat Line ". & N coll" 4s. SI i' Baltimore & Ohio illis 01 a V- Baltlmore & Ohio 4s..... Wi 4 Brooklyn Rapid Transit 4s S9Vl fun Southern first ." "!4 r.hc.cru.ukff . Ohio 4JS W-' t: B Q gen mtg 4s "JJ r -R &. (i Joint 4S iXl C B & (i Ills 4s w .... C B & Q Denver 4s ? ; '4 Central pacific first 4s ! ; Chicago & East Ills 4s ! Chicago R 1 &P ref 4s Mf Chicago R I & P Col trust 4s... bK Denver & Rio Grande 4S Ji. JJJ Delaware & Hudson conv 4s... !i M ...,nB D I.4..-.. Stt1. l r-iip ii.ok w... . " - tn,' Hit Met 4sS. . . . Japanese 4s jMiiunesA first 44. sini Japanese second 4Hs... Louisville & Nashville unl 4s... li I'"., Mo Kan & Tex 4 "is V ;.',' Missouri Patriflc 4s ; 'z New York Central JW J",. NVw York Central L S 3!i I? is 'J New York I'lty 4s ' ' .r.-i. New York City 4fes of 19.......1"! lo.jj? Norfolk & Western 4s Norfolk & Western conv 4s Ill . N Y Ont W 4S !-' 4?J Northern Pacific P L 4s I'SU Northern Pacific 3s J . Oregon Short Line 4s "1 Oregon Ry & Nv,4? ,"!; 40 Penna Ky s or :'": Philippine Railway 4s !' Reacting general 4s liiiv So it JO'J Southern Pacific first ret ... , Southern Pacific col 4s ta Vi Southern Railway 4s i St L & S F ref 4s ' Union Pacific first 4s s U Union Pacific conv 4s Union Pacific ref 4....; United States Fteel S F 5s 10US 10 United suites 2s registered lo 10 i. United states 2s coupon 1"! ' "JH Unite.1 states 3s registered 102"; United states 3s coupon... 12 Vs l''; United States 4s registered J'"? J!:; United States 4s coupon li-t3 44H United Railway S F 4s J'j'.s I'nlted Railway St L 4s - 7 Wabash first Is '''. Western Union 4"i - Ji Westlnghouse conv 3s -'t Western Pacific 5s.... JS . f 'Jl West Shore 4s - Works at Boston. BOSTON, Jan. 13. Closing quotations allnues r.H MonawK o Dun T. . t. i: - . .lit. E rtutie too ji. .jiii.-. " - Franklin 7VSup Bos Mln.. 2 4 Granbv Con ... GSi Tamarack Jreene Cananea. 4:U 8 S R M... M 1 Rovalle (Cop) 27'i' do preferred... 40 Kerr Lake 2 44 Utah Con ...... 101 Lake Copper 20'4 Utah Copper Co. o4 la Salle Copper 45H Winona ........ 3 Miami Copper... 23 Wolverine C6 Money, Exchange, etc. NEW YORK. Jan. 15. Money on call, steady 244 3 per cent; ruling rate, 2; closing bid. 24: offered at 3. Time loans, nrm; 60 days, 34(64 percent; 90 davs, 44l4; six months 41414. Prime mercantile paper. 444 &5H percent. Sterling exchange tins, with actual busi ness in bankers' hills at s.4.83 for 60-da bills and at 4.S710 for demand. Commercial bills, 4.82i4. ' Bsr silver, 3lc Mexican dollars. 49c t'lOverutnent bonds, firm: railroad bonus, heavy. . , -1. T 1 1 . LONLM.. Jan. a'. " 1 0 . j , 2" 1-tVi per ounce. Money, 3fiSij per cent. r-1 . .. ,.r rii.M)utit in the open market for short bills 4'34-l per cent; for three, months' bills. 4 8-lper cent. SAN FRANCISCO, Jan. 13 Sterling on London sixty days,- S4.S34: do, sight. $7t,. Silver bars 63Ti. Mexican dollars nominal. Drafts, sight, .0i: drafts, telegraph, .07. - Metal Markets. NEW YORK. Jan. 15. Copper, unsettled. A Z l, e Pin.!! 27-. Nlpissing Mines." S4 Arizona Com .. S1 North Butte 30V, B & C C S M. 5 '.North Lake Cai & Arizona.. 63. Old Dominion... 49'A Cal Hecla 4W5 Osceola Centennial J6 A Qulncy .. .2 con cn 47 Shannon ....... it Standard spot. 13.50aiS.5fc: Jtiuirr to April. 15.5M& lfi.25c; electrolytic 16.7lJrlc; , Tin.flrrn. Spot. 51ji51.:5c: January. 50.70 30.Oc: February, id.4Deo0.D0c; Marcn, oo.li'if iO.lOc. Lead, quiet; 4.25 4.35c Spelter, quiet: 7.23t7.40c. Antimony, dull; Cookson's. . 75 10c. Iron, quiet; unchanged. Copper arrivals. 2:0 tons; exports this month. 12.956 tons. London copper, easy; spot. 70 10c; futures. 70 17s 6d. Local ex change sales tin. 75 tons. London tin. steady: spot. 2J9; futures. J227. London leaa, tl. IIS .u. ajjener in uunuv. -- td. Iron, Cleveland warrants, 65s lOlid m UIUUUO, SAX FRANCISCO PRODCCK MARKET Prices Quoted at the Bay City for Vege tables, Fruit, Etc. SAX FRANCISCO. Jan. 14.The follow ing produce prices were current bere today. Fruit Apples, choice, 60c; common, 40c: Mexican limes, nominal; California lemons, choice. 7; common, :s.50: naval oranges, $1.2."3; pineapples, $2$4. Cheese Young America, 1617c. Butter Fancy creamery. :t4c. Eggs Store, 22c; fancy ranch, 23VtC . Hav Wheat. 25; wheat and oats. 21W 24; Hlfalfa. $12.50 13; harley. tlS19. Potatoes Oregon Burbanks, 85c$1.10; Salinas Burbanks, 11.S5; sweets. Sl.tfOfflS. Vegetables Cucumbers. 1.75&2; garlic, :i3r; green peas. I0'fl71c: string beans, nominal; tomatoes, G5cSj l; eggplant, -4 (8 ic; onions. 40ft' tlOc. Flour Best family extras. $3-40 3.80 net without discount; bakers' extras, 4.t54 ..20: superrine. o.90fti4.10: Oregon and Washing ton family bakers' and patents. J4.70iga.i0 per barrel net cash; Oregon ana wasrcins ton cut-off. 4.30fe4.73; Dakota. X6.40S7.40; Kansas. 66.25. ' Sugar and Coffee. vkw vnnv .t.n 17. Raw sugar, steady. Muscovado, S9 test. 38c: centrifugal. 96 test. 3.48c: molasses sugar. 89 test, i(jc. Reflped, easy. Coffee Rio No. 7, lsc. Futures, stead. March, 13.47c; May. 13.74c. Dululh Unseed Market. DULUTH, Jan. 15. Closing Linseed on track and to arrive, L2S; January, 1.27s; May. 1.8H4. IS HOOD RIVER CITIZENS TO AT TACK HIGHWAY INJUNCTION". Commercial Club Takes Vp Matter Believing Portland Misunder stands Proposed Route. HOOD RIVKR, Or., Jan. 15. (Spe cial.) Hood River citizens will make an effort to secure the dissolution of the Injunction prohibiting- further work on the proposed highway across the r ... pocorva in tho Rntithwest corner of this county and leading over la the headwaters of the Sandy River. The matter was thoroughly discussed at last night's meeting of the members of the Commercial Club. It is thought .Ko- tho Pftrtlanrf nennle as -a Whole are resting under a misapprehension as to the proposed route, wnitu 4s not to cross the watershed of Bull Run r i-if nfsaAd tho reserve crranted to the Portland Water Board, however. C. J. Green, an engineer, wno maue a trip across the reserve over the route .ua nrnnARMi hlerhwav last "Summer on foot, addressed the meeting and ex hibited maps to snow just tne course the road would take and that it would ... 1 4 .Via TJlllI T?im not lie ax any I'ii c 111 ...c -,- watershed Mr. Green thinks that the settlers of townsnip 3 soutn 01 range 1ft A oifTai-lncr (rrpflt llftrdshiDS bO cause this township is included in the reserve, when It is not in tne i.-,i t i- irora in the latter thev 1 ija .....,,.,... (. li 1. 1 nrpmlaps. How S11UUIU C I' . ever, on the opposite side of the range tney wilt never vuumjiuuBic . " ' supply. ' vian.r biItbiioi WAro made V V HI P III bers of the club, all of whom feel that the road will be of the greatest benefit to the Hood River Valley. Indeed, they nAi .Hot T3orttnrl neorjle should promote its construction: for never has the city naa such au uijiiw.uuj a hiirhwiir. and one that will - . 1 nnhn. tnr tno flnvprnment UUMl L1IC1 ' ' " will build the road. Those who traveled over the route declare it is one i mi most picturesque in the United States ...ill talftt tho mutter ur with the state's representatives in Con gress ana an enun vwn ut iuo have the townsnip across wmuu m road will cross released from th reserve. PORTLAND BANKER PLACED Jolm A. Keating on investment Bankers' Association Committee. TiAvranhfo notification has been re ceived by John A. Keating, irice-presl- .1 . . 1 11 11 .urn normfiiN .luiiunai 1 . 1 - nf 1. i .niuiintmpnt s a member e , n a commiTTen on mxuLiu 1 ui 111c Investment Bankers' Association. The appointment was made Dy tjeorge n. Caldwell, president of the association. ...v. n a v iw.nrpmpnr ni lilts vun iiiicti- tal and Commercial Trust and Savings Bank or L'nicago. The committee is composed of five members, and F. W. Rollins, of the bond house of E. H. Rollins & Sons, Boston, is chairman. The committee is an important one, as taxation of wnnAa id u nneHtinn that has nroved hard to deal with, properties covered by bonds Deing suoject iy fi'ii ait taxation. The Investment Bankers' Association bears the same relation to Institutions dealing in bonds as the American Bankers' Association does to the banks. It is composed of the large interna tional banks, such as J. P. Morgan & Co.. and Kuhn. Loeb & Co., National banks operating bond departments; trust companies dealing in bonds and bond nouses. DAILY CITY STATISTICS Marriage Licenses. THOMPSON-LOKAN August Thompson, c!tv. 2fi. and Pearl Lokan. IS. WHITE-RERGER. Nelson Elliott White, city. 23. and Ruth Annlo Rerger. 31. NORTON-JOLYN Thomas M. Norton, Victor. Mont.. 23. and Mignon Joslyn, 23. . - iv RAhan William Crane. citv 20. and Olive Marguerite Duncan, ll. legal, and Mamie Stephens. IS. ..Trvuincii a ttr.st: .lacoh Schneider. citV. 2. and Emma Carlson, 27. GIESEHilLMUtir, uri,iSB j-. m, 5. and Genevieve E. Oilmore. 21. O'CONNOR-PA TT ON Junius O'Connor, cltv 44. and Florence Patton, 23. PACE-HAGER E. A. Pace, city, 31, and Laura Hager, 19. Births. GER1N At 508 East Tirenty-fourth street. January 33, to the tvife of W. J. Gearln, a son. BL'RDICK At 955 East Caruthers street, January 7. to the wife of Le Roy E. Bur dick a daughter. SPfRLOCK-At 550 East Flfty-nfth street. January 0. to the wife of L. A. Spur- 'iWsnER-aT 1331 East Eighteenth street, January 11, to the wife of C. A. Kess ner a daughter DERL'B CH At 12M East Main street, to the wife of J- L. Derubach, a daughter. LI VI r. tin I v. - '"j-w ubv street. January 8. to the wife of Joseph Liv- LIdLum At 4110 Sixty-second street southeast. January 4. to the wife of W. F. Ludlum. a daughter. EG XN At 546 Commercial street, Decem ber IS." to the wife of Charles M. Egan, a toLLOYD At 302 Gresham avenue. January 7 to the wife of A. P. Lloyd, a, daughter. AKAMVTSL" At 22i Everett street. Jan uary 5 to the wife of K. Akamatsu. a son. uar? 8. to the wife of J. E. Patterson, a JV". ssf.LI At 5S3 Fifth street. January lO.Vto the wife of II Cassell. a daughter. t H K 1. M ' " - . ' " - ........ Jrnuary 2. to the wife of C. H. Chrisman, rrRTIV At 32 East Sixty-sixth street. nrcember 13, to the wife of J. J. Curtln, a d8'ALCH At 1S4 East Slxtv-ninth street, Jmry" 10. to the wife of A. J. "Walch. a son. RAN6E OFTWOGENTS Wheat Again Advances Sharp ly in Chicago Pit. BUYING ON LARGE SCALE Shorts Cover as Market Advances. Close 1$ Almost at Top Point of Day Corn. Also Scores Wide Gain. CHICAGO. Jan. 13. Wheat and com found an active market today, partly in t.tia last hour, when they advanced a cent and assisted in boasting' oats and provisions. The range of wheat was nearly ? cents. At the opening wheat sold a trifle over yesterday, but the advance tempted profit taking and other selling; tinder which May declined cent. An influence was the failure of continental markets to reflect an advance at Liverpool, the mainland being attentive to a decline of at Buenos Ayres. At this concession, important buying developed, aborts covering on the way up until the reaction had run an extreme of lc for May. Business wan exceeding active and the close was only c under the tor, and ?4c over yesterday. Corn traders were convinced that a large export business is being transacted in the coarse cereal. There was a report that the export transactions were due to a cut in prices to a basis of 3c over Chicago May prices c I. f. to Baltimore. The rise in futures drove shorts to cover and the, close was strong. Oats played a "me too" role with refer ence to wheat and corn, and May closed at a net advance of fec. Shipping busi ness was moderate. The continued shortage in hog receipts at important packing points, and the advance in hogs and corn strength stiffened provi sions. Closing prices were from 7 He to lTc over yesterday for May options. The leading futures ranged as follows: WHEAT. Open. HI eh. Ixw. Close. May - .94 t .95 V4 .93 t -95 July H1 14 .81?. .!MVi .1 !i Sept. - S9- .'JU .SS! .'JO CORK. May 51 .52 .51 4 .52 July 52 .5S .52 .53(4 Sept. ...... .53 .54 .53 .54 OATS. May 34 .34 .33 .34 July .".4 .34 .33 .34- Sept. .113 .34 .83 .34 POKK. Jan. ...... 1S.I7 18.20 15.0T 18.20 May 18.40 18.57',4 18.37 1S.55 LARD. Jan 9.72 Vs 9.75 May 9.V2M 9.97 9.90 9.97 M KIBS. Jan ' 9.S0 9.77 9.77 May .U2i 9.95 9.S7 9.93 Cash nrlces were I Corn .o. 2. 49 c; Xo. 2 white. 50c; No. 2 yellow. 50c: No. 5. 4849c: No. 3 white, 49S?50c: No. S yellow. 48'049c: No. 4. 4t44t4Sc; No. 4 white, 4749c; No. 4 yellow, 46 4S!ic. Bye No. 2, 64c. Barley 54I&72C. Timothy S34.15. Clover $10 & 19.75. t European Grain Markets. IX)NDON. Jan. 15. Cargoes on passage ld to 3d higher. English country markets firm. French country markets firm. LIVERPOOL, Jan. 15. Wheat Spot steadv. Futures firm. May 7s 3d; July, 7s 3(J. Minneapolis Grain Market. MINNEAPOLIS. Jan. 15. Close: vVheat,' May. S9lSc: July, closed Ul$3c Cash, No. 1 hard, 90c; No. 1 Northern, S869c: No. 2 Northern, 86&S7c; No. 2 hard Montana. 88c; No. 3 wheat, S4H&85c. No. 2 yellow coru. 4344c; No. 3 white oats, 31i34c; No. 1 rye, S4(&-5ftc; bran. In 109-pound sacks, 19.00 19.50; flour, second patents, 4.254.60; first clears, $3.20 S.50; second clears, $2.402. 70; flax, 11.29; barley 47 63c. Grains In San Francisco. SAN FRANCISCO, Jan. 15. Spot quota tions: Walla Walla. $1.51 1.02 ; red Rus sian. $1.4B; Turkey red, $1.C0&1.62: bluestem. $1.801.2: feed barley. 11.32 1.35; brewing, ?1.401.42; white oats, tl.45(il.47; bran. S24?24.50r middlings, $3031; shorts, $25.50B'26. Call board sales. Wheat No trading. Barley December, $1.28; May, 1.28. Puget Sound Wheat Markets. TACOMA, Jan. 15. Wheat (Bluestem. SSc; fortyfold. S3c; club. 82c; red Russian, S3c Car receipts, wheat 17, corn 3. SEATTLE, Jan. 15. Wheat Bluestem, 91c; fortyfold, 80c: club. 85c; Fife, 84c; red Russian, S2c Yesterday's car receipts, wheat 11, oats 2, corn 1, hay 1, flour 2. NEW BOOKS ARE OPENED COUNTY CLERK COFFEV TO USE liOOSE-JOEAF SYSTEM. Deputy Jolm J. Erkins Installs Set of Accounts Designed to Promote Speed and Accuracy. With the assistance of John J. Er kins, one of his deputies, who was in charge of the books of the Portland Gas & Coke Company for several years. County Clerk Coffey is install ing a new double-entry, loose-leaf sys tem of bookkeeping by which 'he can keep an absolute cheek on the daily receipts and disbursements of his of fice, know every morning just how much money he has in each bank and be enabled to know the exact financial condition of every department of his business on a few minutes' notice. The first book in the series is a cash book ruled off into several columns. In tho first column are entered each day the total receipts of the day, and in subsequent columns this will be ap portioned into the various purposes for which it was received, the headings being: Probate Court unearned fees. Probate Court library fees. Probate Court litigation funds. Circuit Court unearned fees. Circuit Court library fees. Circuit Court litigation funds,, re cording fees, anglers' licenses, hunt ers' licenses, combination hunting and fishing licenses, petitions for citizen ship, declarations of intention to be come citizens and miscellaneous. These are all the purposes for which money is received in the County Clerk's of fice. There are also columns to show the banks in which the money is de posited, there being a separate column for each bank used. A dally report will be made to Mc Coffey showing carried forward all cash on hand and containing a sum mary of daily receipts and disburse ments.' He will be able to know on glancing over this report how much money Is in each fund and how much in each bank, in the latter case gov erning his deposits accordingly. AU disbursements will be made by check. and in -ddltion to carrying balances on checkbook stubs he will have a check record book in which each check sent out will be entered ana tun in formation gU-en concerning it. The headings in the ledger wfll be duplicates of those in the cash book. It will contain a monthly summary ot the receipts and disbursements ot eacn fund enumerated above and show the total amount deposited in and with drawn from each bank during the month. To avoid the necessity in striking' otf monthly trial balances of running throueh each and every account car ried in the office, of which there are more than 3500, Mr. Erkina has in- RESPONSIBLE BANKING In the Lumbermens National Bank are experience, legal safeguards and financial resources. These essentials are important to all particularly to the business man in the expansion and development of his interests. .. . . LUMBERMENS NATIONAL BANK CORNER FIFTH AND STARK. RESOURCES Q MILLIONS LADD & TILTON BANK Established 1859; Capital Stock $1,000,000.00 Surplus and Undivided Profits 1,000,000.00 Commercial and Savings Accounts Letters of credit, drafts and travelers' checks issued, available in all parts of the world. OFKICKKS. W. M. Iadd, President. Kobert S. Howard. Asst. Cashier. Edward Cooklngham, Vlce-Pres, J. W. Ladd. Asst. Cashier. W. H. Dunckley, Cashier. Walter M. Cook. Asst. Cashier. First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of th Rocky Mountains TRANS-ATLANTIC LINES AMERICAN LINE N. Y.-PIymonth-Cherbourg-Southaiiipton Atlantic Transport Line New York London Direct RED STAR LINE N. Y. Dover Antwerp WHI1E STAR-DOfflN Dominion Feb. 1 Canada Feb. 22 ii X 22 I A. E. DISNEY, PASS. ACT., 619 SECOND ur AXfCai nuiiwy m augurated a system of jotting down a notation on a card wiijn an accouii Is active during the month. With the others the only thing necessary will be to carry forward the last month's balance. Experience has shown that only a third of the accounts are active Hni.r nnv sriven month, and by the slip system Mr. Erkins will obviate the necessity of running tnrougn mem all. This scheme is used in banks and has worked out splendidly, ne states. Former Prosecutor Defends Man With "Sweating ' Frank Hennenny In Siew Role Lead Client to Admit Stealing Chickens, Relieving; Prosecution of Task. RANK HENNESSr, erstwhile Dep- 1 uty District Attorney, is in an aw ful fix. After four years of prosecuting folks he is practicing law on the side of the defense, and finds It difficult to change his viewpoint. In several cases In which the former prosecutor has ap peared before the Municipal Court since his retirement from oitlce, tne re suits of this condition of mind have been amusing. Hennessy was appointed by the court the other day to defend a chicken thief. The accused was waived to the witness stand after the manner his attorney has acquired from long practice, and in a moment, very much to his surprise, he was undergoing a sweating at the hands of the very man who was sup osed to be defending him. "Just tell the court, now, how you came to steal those chickens.' "I didn't steal them." "Didn't, huh? How do you explain the testimony of these witnesses who identled you; tell me that?" "Well, I only stole eight of them, anyhow." "Oh, hold on -a minute," said the prosecutor-defendant, "you didn't steal this woman s chickens, aid you." "Xo. sir." "That's what I thought; take the witness!" Deputy District Attorney Deich, who had sat through this peculiar examina tion with a quiet smile, said: "I have no questions to ask." Hennessy's client got four months. Dallas Has Park Plan. DALiIjAS. Or., Jim. IS. rppefial.l ESTABLISHED 1894 ort), .Bacon &3avts jttgitteers ACT AS CONSULTING ENGINEERS CONSTRUCTING ENGINEERS OPERATING MANAGERS APPRAISERS PROPERTIES FINANCED 8S SECOND ST., SAN FRANCISCO VEW YORK NEW ORLEANS J.C.WILSON&CO. STOCKS, BONDS. GRAIN AND COTTO.H HSUBEBI NEW YORK. STOCK EXCHANGE. KEW YORK COTTON BXCHANGEi CHICAGO BOARD OK TRADE. THEt STOCK AND BOND kJLUA.VGlZ. 9 AN FRANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street Phones Marshall 1120, A 4187. WHITE STAR LINE New York Queenstown Liverpool N. Y.-Plymouth - Cherbourg-- Southampton MEDITERRANEAN CRUISES Boston Mediterranean Italy Canonic Feb. 1 ..March 15 Canopio AW PORTLAND, ME. TO UVKBTOOL Teutonio Marcn l I Dominion March 8 AVE., MAIN KI-OOB, REAR. SEATTLE. siciunsuip ascu. At the request of leading business men of this city, J. A. Gilbertson, of Mc Minnville, a landscape artist, was in the city yesterday looking over the City Park. A plan is being fostered by the Dallas Commercial Club to beauti fy the Park. At the present time, the park consists of approximately five acres. It is planned to purchase about five additional acres, and then have the park beautified. You can't afford to experiment on the paving question. BITULITHIC has been proven satisfactory and economical to the Taxpayer. INCORPORATED Q CONSULTING and CONSTRUCTION ENGINEERS PUBLIC 8ERVICE PROPERTIES FINANCED and MANAGED SO Pine Street New York I TRAVELERS GUIDE. COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock. Portland, at S A. M. December .1, and thereafter every Tuesday evenlnjr at S P. M. Freight re ceived dallv except Tuesdays up to 3 P. M. Tuesdays up to 3 P. M. Passenger fares: First-class, lo: second class, $7, Including berth and meals. Ti.ket office at Ains worth Dock. The Tori land & Coos Bay SS. Line. L. II. KeallnK. Aiceiil. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. Sail Every Wednesday Alternately at e I'. M. NORTH PACIFIC S. S. CO. 122 A Third St. Phones Mala 1314. A 1314 EXPRESS STEAMERS FOR San Francisco and Lot Anjreles WITHOUT CHANGE 8. S. BEAVER sail P. M. January lJu THE BAN FRANCISCO PORTLAND S. a. CO Ticket Office 132 Third Street. Phone Main SOUS. A 2399. TX)S ANGKLES AND RAN IMKtiO STEAMSHIPS V.U.E AND HARVARD Railroad or any aleamer to San Francuca. tne r.i"J ''.' ' ' - - - - ONLY strictly flnrt-cla passenger ihipi on the Coast. Averago speed S8 miles per SAX I'BANCISCO. PORTLAND L. A. S. S. CO.. Mala IS. I'rajik Bollam. Arent. X 4S3$. Hi Third Street.