19
TIIE MORXIXG OKEGOMAX, FRIDAY. JANUARY 17, 1913.
WHEAT IS CLIMBING
Sales of Bluestem Are Closed
at 91 and 92 Cents.
CLUB IS TAKEN AT 85 CENTS
l;iiiiie-s in White Wheat Worked
for Kastern Account Coarse
Grains Also Firm Another
Advance in Flour Expected.
Further Rains were made in wheat prices
In the Northwestern markets yesterday. The
demand was keen at all points and offer-
tne. were Insufficient. Where sales were
effective, the sellers were generally specu
lators. as buyers found tt easier to secure
nnliea from dealers than from larmers.
Bluestem was the strongest feature of
the market, although there was a sharp
call for all other i varieties. Buyers paia
equal to 81 cents.-for bluestem in the Walla
TValla country, and the same milling grade
sold In the local and Sound markets at 2
cents. For club n high as 85 cents was
rald.
Jn addition to the demand from millers.
both at tidewater and In the Interior, wnicn
Is the backbone of the market, there Is
sla an Increasing Inquiry from Calirorni
Several large sales of wheat for Eastern
account were also closed yesterday.
Oats and barley are firmer than they
hare been for several weeks. Sales of oats
were made on the local market at $-6-50
and and feed barley brought 2.
Flour is firm at the recent advance, and
as wheat continues to climb It la probable
that higher flour prices will be announced
before long.
Local receipts In cars were reported by
the Merchants Exchange as follows:
Wheat Barley Flour Oats Hay
Monday Ill 3 1 2 J
Tuesday J
Wednesday ... :l J "
Thursday 1 J - i
y.;:-ll ;m i; if"
Tear ago '. SS38 r81 1491 1002 135
ROIOKS OF WOOL CONTRACTING
Boston Dealers riace Small Credence in the
Western Reports.
rtumors or Western contracting have met
with small credence In the market, says
the Boston Commercial Bulletin, although
there soems to be some foundation for the
belief that efforts have been made to place
certain clips under contract. In Arizona one
clip has undoubtedly been contracted at 17
cents, but this was done probably under
rather unusual circumstances.
Efforts to buy wool on the sheep"s back
in ITtah and Wyoming if made as reported
at IS cents have met with small success,
and there are those who declare the efforts
mere dickering in the attempt to create a
fair, situation at the start with an ultimate
reaction to lower prices, if tariff revision
should later make the market untenable.
Many scout the whole idea of contracting
as su foolhardy under present conditions and
prospects as to be wholly out of the Ques
tion. !-MI.I. IirSINKtiS IN" OREGON HOPS
California Market Is More Active Insold
Storks on C'oa4.
According to Salem reports, a small
amount of business was put through in
hps. but In general the market in Oregon
was quiet. There has been a good deal of
activity In California, where 2IXX) bales of
growers' hops have changed hands In the
jat two days. Among tho California sales
was a 300-bale lot of wheatlands at S'ii
cents. Buyers have evidently turned to the
Southern state, as they can operate with
more freedom there than here.
Corrected figures on the Pacific Coast
stocks Id first hands are as follows:
Bales.
Oregon
I'alifo-nla
IV ashing ton
7..0O
lt.."i'tO
' l.huo
Total
Trade In the contract market Is also quiet,
but growers are very firm in their ideas.
TCM PRICES ARE WORKING DOWN
Mesidy Demand for Poultry Veal Is Lower
Aguin.
Egs prices axe gradually declining under
more liberal receipts and unless the -weather
bcooir.es worse, prices will continue to work
downward. Orisons were quoted yesterday
at 2 a 30 cents.
There was a fair demand for poultry and
prices were steady.
The recent hl;rh quotation on dressed veal
could not be maintained ar.d 1 cents was
the top price yesleiday. Live calves, how
ever, are no lower at the yards, where 0
cents Is still the rullnE price. Pork is fairly
steady.
Butter and cheese prices, are unchanged.
( AKI OAI) CELERY HI E IN FEW WAYS
Iset Shipment Intll New Crop Is Available
Lemons Will lte Higher.
A car of California celery will reach Port
l.itid sometime between Saturday and Mon
day. 1t will sail ! the present price. This
will be the last shipment until new eelery
is availsble. According to California ad
vices received yesterday, the crop from
new patches wiil bo ready to shin in about
two weeks.
Lemons sola yesterday at 87. ."0 and the
price will be raised to S a box Monday.
"o ehangs has been mado In orange quota
tions. The apple demand is still slow.
Hank Clearings.
Hank clearings of the Northwestern cities
'trday were as fallows:
Clearings. Balances.
Portland J.lH!i.:.7U $l..Vt.32
Seattle l.7 r-':t :::.x:irt
Tan-ma , B"2.0.l:l ."WOTS
Spokane 7IS.1ST 1::3.33
PORTLAND MAKKETS.
Oraln, Flour. Feed, Etc.
WHEAT Track prices: Club. MR5c;
liluestemlt lil2c: 40-fold. Sic; Red Rua
sisii. MV; valley. .c.
VI-OCR Patents. J4.50 per barrel;
straights. 8!.IH; exports, f3.CnrS.70: val
ley. M.0; graham, el.M: whole wheat.
1 1 no.
B1RLEV-Kcl. 821 per ton: brewing,
nominal; rolled. 25.Boe 2B..V) per ton.
COItN Whole. $27: cracked. S2S per ton.
II AY Timothy, choice, HCIrl"; mixed.
Kaatern Oregon timothy. JlUlS: oat ana
e:ch. $12: alfalfa. $11.30; clover. $10;
straw, I'ivl.
MII.LSTVFFS Bran. $22 per ton; shorts.
$24 per ton; middlings. 80 per ton.
OATS No. 1 white. $2.50tj27 per ton.
VT4able and Fruit
FRESH Fill" ITS Apple. te?J$1.50 par
Vox. peurs. tJ ."0Jjt pr bux; n-rnpes. Em
peror. Ji p?r barrel: Mal-sas, $S per twrreL
POTATOES Jobbing price: BurbnK.
;.urtHK: pr hundred; svect potatoes. 3lc
per pound.
SACK VEGETABLES Turnip 73c par
tack; carrots. Tic per sack; baata, Pr
sack; parsnips, 75c per sack.
TROPICA! FRUITS Oranrea: NaTelm.
Florida. 94: Japanese. J1.'J5 per
bundle: California ra:rutt. 2."53.?3;
XI. rida arapefrutt. $4.2S; lemons, T.50
per be; rmappifs, 6o per pound; pome
xranates, pr tx: pvrsimmoDS, $l.T5 pr
bo; tans;rln?. 2.ZS per box.
ONIONS Orrjjon. $1 p?r sack.
VEGETABLES Artichoke, 1.0 par
itosen: cab-as;'?. lc per pound; cauliflower.
13 per crate ; celery, $..50 per crate ;
t-mumbers. ft $- Pvr di.; ejtsp:nt, 10c
pound : hrad lettuoe. $2.St per crate; pep
pers, 14c pr pound; radishes, SSc per
lozen : ?rroiu. lc; inmntofi, 2."3 par
box; 4arllc ft&ic per pound.
Staple Oroeeriem.
UKKEfi Roasted. In drums, 24O40c
per pound.
SALMON" Columbia RlTr, on - pound
tsl!t. Sl'.5 per dosen; half-pound t lata.
$1.40; one-pound flats, $2.43; Alaska pink.
one-pound talis. 85c; ailversldea. ona-ponnd
tails. $1.23.
HONEY Choice. $Xi5eJ.7S per ease.
NUTS Walnuts. 18c psr pound: Brail!
nuts. 12 & 15c: filberts. 14 15c; almonds.
18c; peanuts. 5S6c: cocoanuts, 80ctJl-OO
per dozen; chestnuts. 11c per pound; hick
ory nuts, fit) 10c; pecana, 17c; pine.
17 HC 20c ....
BEANS Small whlta, 8.40c: large wnlM.
4&5c; Lima. 6Hc; pink. 4.70c; Mexican.
&c; bavou. 4.65c , .
SUGAR Fruit and berry. $5.45: Honolulu
plantation. $5.40: beet. $3.25; extra C, '
powdered, barrels, $5.70; cube, barrels, 85.80.
SALT Granulated. $14 per ton; hajf
ground 100s. 810 per ton; 60a, $10.75 per
ton; dairy $12.50 per ton.
RICE No. 1 Japan. SSSHe; cheaper
grades, 4Kc: Southern head, 60e.
DRIED FRUITS Apples, 10c per pound:
apricots, 1214c: peaches, 8911c; prunes.
Itajlaua. 8 10c; silver. 18c; figs, whlta and
black. 6e7e- currants, otto; raisins, looss
Muscatel. (47c: bleached. Thompson.
1114c; unbleached Sultanas, S44c; seeded,
Ttt&8ic; dates. Persian. Tike per pound;
fard. $l.G5 per box.
FIGS Twelve 10-otraca. 85c: 60 -ounce,
$1.85; 70 4-ounce. $2.25; 30 10-ounca, $2.23;
loose, 60-pound boxes. "j7c: Smyrna,
boxes. $1.1081.25; candled. 18918c
Dairy- and Country produce.
EGGS Fresh locals, candled, 28 30c per
dozen. "
CHEESE Oregon triplets, 18&1S0 per
pound.
BUTTER Oregon creamery butter, cubes.
BT'ic per pound; prints, 3814 6-30 per
pound.
POULTRY Hens. 13frl3ic: broilers. 13
jl33c: turkeys, live. 20c: dressed, choice,
25c: ducks. 131 14c; geese, 12c.
PORK Fancy, KX1IOV7C per pound.
VEAL Fancy, 14 15c per pound.
FroTlaloos.
HAMS All- sizes. 18010440; picnics,
18c; skinned, lSfec; boiled. 27c
BACON Fancy, 27 28c: choice, 20 O 23c
LARD In tierces, choice. 14 e; com
pound. OV-c
DRY SALT MEATS Regular short clears,
134.fi 15c: short clear backs. 12 to 18 lbs..
13 -i 613c; short clear backs. 18 to 23 lbs..
13 15c: exports. 14c; plates. 100110.
BARRELED BEEF Extra mass beef, $14 ;
mess beef. $13; extra plate beef. $17.50; plats
beef. $17.54; rolled boneless beef. $50.
BARRELED PORK Best pig pork, $33;
brisket pickled pork. $23.
Unseed Oil and Turpentine.
LINSEED Oil. Raw, barrels, 50c; boiled,
barrels, 52c; raw, cases. 55o; boiled, cases,
57c
OIL. MEAL Carloads. $37.50 per ton; less
than carloads. $40 per ton.
TURPENTINE Barrels. 54Vic: eases, 57c
GASOLINE Naphtha. In Iron barrels 16c
lp cases 23c; motor gasoline. In Iron barrels
17c, In cases 24c; engine distillate, in iron
barrels 8c. iu cases 15ic
SHEEP ARE ADVANCING
WETHERS AXD LAMBS BRTXG
HIGHER PRICES AT YARDS.
Former Sell at $6.2 5 and Letter at
$7.35 Cuttle Firm at Former
Quotations.
A steady hog market and continued
strength In cattle and sheep, with advances
In the latter, were the features of the live
stock market yesterday. The day's run was
not large. -
About five loads of steers were sold at
$ S. the top quotation of the market, and
two loads were taken at ?7.1K. Good cows
sold from to S7 and a few heifers
brought $7.50.
Tiie best hogs brought St.twl, with a num
ber of sates at S7-W and ST.uD. Heavy hogs
sold at $K.."0 to ftf.uo.
The highest prices of tho season were
paid in the sheep market. A load of fine
lamtis, avverAfrinr 4 pounds, was sold at
$7.8.'.. an advance of SO cents over tha best
previous sale, while a few wethers were
taken nt the high price of ft.2.i.
jneceipis were cattle. 2 caives. 6o
hogs. 3S4 sheep and horses.
Shippers were A. B. Gale. Amity. 1 car
of sheep and hogs; I. Mink. Fairfield,
Idaho. Z cars of hugs; Byrne Bros.. Rich
field. Idaho, 1 car of hogs; C. H. Hunter,
Wallowa, l car of cattle and hogs: J. W.
Cbantlier, Elgin, 1 car of hogs; Willis &
Peterson, North Powder, 1 car of cattle and
hogs; C. J. Brown, Baker, li cars of cattle
and calves: Hy Blackwell. Ontario, 2 cars
of csrttle; Kldwell & Caswell, Baker, S cars
of cattle; J. B. Huston. "Caldwell. 1 car of
horses; J. T Cox, Eaton. Idaho. - cars of
cattle; Thomas Selger, Robinette. 2 cars of
sheep and hogs: F. A. Phillips. Baker, 4 cars
of cattle, and J. S. Fowler, Rufus, 1 car of
hogs.
Tho day's sales were as follows:
Weight. Price.
6." hog l v $7 65
4-". hogs i:;4 7.t.3
fo hoes 174 7.tJ0
tt n.. 31: e.sto
47 hops 207 7.60
84 hogs 202 7.5
14 hogs
4" hogs 201 7.55
St hugs 210 7.5fl
1 ewe lr.O ,V25
2 hors XH !.':
li hogs ....................... 1 '.?, T.tiO
6 hogs IKS 7.U3
hogs rj.. fi.t;.-.
27 tee 7.1HJ
3 steers 12"4 8.00
ti steers 1 ';.' 7.T.0
1 fter 0 o.Oo
IS st.ers s.to
1 steer lliOO 7.00
1 steer 1100 7."0
4 ?tters I of, 7 7.":
21 steurs J..,M
f rivers 12M 7 . 7r0
1 jiteer H'jo .".i0
2-J steers 127 .O0
is ters i:;m; s.oo
COWS !.'0 t.Sj
2tt cows 12."t O.J'O
2 cows IlrtJi .0O
l:: cows 1110 .7r,
c."s lo.rS 7.0t
12 cons 1134 i.65
1 cow i:w H.75
:t hflfers 1 tNi 7..-x
20 steers l'Jtit; 7.0i
2 I'uUes 220 O.oo
l sta- 4t; ..
1 s;ag 14h 5.7s
2 bulls 073 4.V3
l bull i:;oo 3.oo i
21V lambs S4 7."3 ,
11 wethers .23
2" host 203 7.03 ;
23 hog 212 7.,
1)1 hogs 2UH 7.tf
The range of prices at the yards was as
follows:
Choice steers $7. SO ijj $8.00
Good steera 7. CO g 7. SO
Medium steers .50 7. 00
Choice cows 7.00
Good cows 6.00 j S.30
Medium rows S.Soyt 6.00
Choica calves 8.00 gi 9.00
(.ood heavy calves 6.50 7. 50
Bulls S.OO 6.50
Hogs
Lignt , 7. 30 ft 7-(t3
Hea-y 4 00 7.00
Sheep
Yenrilm; wethers S.0ofr fl.23
Ewes 4.00 4.85
Lambs 6-U0r 7.33
Omaha Livestock Market.
CHICAGO. Jan. 16. Cattle Receipts.
5500; mariiet. weak, at Wednesday's close
Beeves, tf 3 M tt. . Texas steers, $4,704
7.70; Western steers. i3.40$i 7.13; storkers
and feeders. $4.84ii 7.AO; cows and heifers,
$i75ttt7.4; calves, $7 10.50.
Hogs Receipts. 24.000; market, stow and
steady to & cents hitclier than Wednesday's
average. Light. $720743; mixed. $7.1.'01
7.47U; heavy. 7 tj 7.3t: rough. 17 7.15; pigs,
7.45: bulk Of sales. $7,807.45.
Cheep Receipts; 15,000; market, dull and
weak ttt Wednesday's average. Native, $4.75
4 15; Western. 4.75$ttt.13; yearlings, $0-30
o s.25: lambs, native, $ti.754z 0; Western.
Naval Mores.
SAVANNAH. Ga.. Jan. 1. Turpentine,
firm. SU1!; sales. 4!: receipts, ;u7; ship
ments. 234: stocks, 31.00O.
Rosin, firm: sales, ItiOO; receipts, 2RO0;
shipments, 27t; stocks, 151.1.VI. Quote:
A. B. S4.906 5.324: C. D, $3.25 5.35; K,
$3.n0i?5.33; F. $5.3.' tt 5.43; G. $5,374
5.45; H. $3.4744"-.; L $3.70tff5.75: K,
$6.75; M. N. ".1&; WO, -I7.20; WW, tT.25.
Chicago Dairy Prodnrt.
CHICAGO. Jan. 1. Butter Finn. Cream
eries. Z4C133 4C.
Eggs easy. Receipts 479 eases. Fresh re
ceipt! at mark, cases Included. 20 fj : re
frigerator firsts. 18 4lVc; firsts. 22-c.
Wool at St. ruifl.
ST. LOriS. Jan. 16. Wool Steady. Ter
ritory and Western mediums. 216 23c; fine
mediums. 124120c; fine. 1517c.
Ouluth L4nced Market.
Dl'LUTH. Jan. 1. Linseed .on track and
to arrtv. $1,294; January. $1.29 asked;
May. $1.-:.
Pried XmJt at ew York.
NEW TORK. Jan. 16. Evaporated apples
quiet. Prunes steady. Peaches dull.
llopa at New York.
NEW YORK. Jan. 16. Hops steady; state
medium to choice 1912, 224 :0c !
STOCK TONE BETTER
No Sign of Nervousness in the
Wall-Street Market.
DAY'S RANGE iS NARROW
Coppers Strong on Covering Opera
tions and Improvement in the
Metal Trade Situation Euro
pean Visible Decreases.
NEW TORK. Jan. 16. There was no hint
in the stock market today of the nervous
ness which unsettled speculation in the early
part of the week. Leading; stocks were de
pressed early, but the market hardened be
fore noon with L'nlon Pacific. Reading, Le
hlgh Valley and the coppers leading the
advance.
The day's range was narrow and compara
tively few of the active shares sold as much
as a point above or below yesterday's close.
The market weakened toward the close and
net changes of the leaders were small.
The ftrmness of the list today seemed to
be due less to Improvement in sentiment
than to the apparently over-sold condition
of the market.
American Agricultural fell, losing 44
points. Southern Pacific was under pressure
at times, but its weakness was ignored by
the general market.
Strength of the copper shares, while per
haps due In large part to covering opera
tions, drew attention to signs of improve
ment in the copper metal situation. In the
London market a further recovery In the
prices of standard copper was recorded, and
the fortnightly European statistics showed a
decrease In the visible supply '
Trading; fell off in bonds proportionately
with stocks. The general tone was better.
Total sales, par value, $1,755,000- United
States bonds were unchanged .
CLOSING STOCK QUOTATIONS.
Reported hy -T. C. Wilson & Co., Lewis
building, Portland.
Closing
Sales. High. Low. Bid.
Amal Copper .. 34.10O 73H 71
Am Beet Sugar. 500 30 4 36 36
American Can. . 3.200 28 27 27 4
do preferred.. 000 115 114 314
Am Car & Fdy. 8OO 6:t 52 524
Am Cotton Oil.. 500 54 51 52
Am Sme) Bef 9,700 72 70 714
do preferred 105
American Sugar 1.000 116 115 1154
Am Tel A Tel.. 7.000 1344 132 2334
Am Tobacco pf. SM)0 2S3 4 2S1 2S0 4
Anaconda 2,400 37 4 364 37
Atl Coast Line.. 500 128 128 12S
A T fc Santa Fe 500 104 4 1044 104 4
do preferred 101 4
Bait & Ohio ... 200 1054 305 105
Brook R Tran.. 900 90 88 8ft 4
Canadian Pac . 2.000 243 241 242 4
C & O I.IOO 704 4 "A
C & G W 200 164 14 14
C & N W 135 4
C. M & St Paul. 8.700 113 1114 U
Central Leather 300 264 264 264
Central of N J 300
Chlno ft. 700 44 4 42 4 43 4 '.
Col Fuel & Iron 32 '4
Col Southern 314.
t'onsol Gas COO- 138 1374 1374 1
D L & W 4 433 !
D & R G 200 214 214 214!
Distillers' Secur 104 1
Erie 3.800 30 4 34 304
Gen Electric .. 4O0 193 1824 1S2 j
Gt North Or .. 200 3ft 30 30
Ot North pf ... 1,000 128 1274 1274
Illinois Central. 100 12S 128. 1274
Interboro Met . . 1.100 374 1'4 174
do preferred.. 500 61 60 4 60 4
Inter Harvester 600 108 307 107
K C Southern 234
Lehigh Valley.. 3,5no 1014 13ft 4 1604
Louis & Nsih.. 700 1304 139 13" 4
Mexican Central 26
M. S P & S S M 1O0 334 14 ins
Mo, Kan & Tex 300 27 264 204
Mo Pacific 1.7C0 41 404 4ti4
National Lead . 0 4
Nat Biscuit ... 200 120 120 120
do preferred 121
N T Central 107
X V, Ont & Ws 31
Norfolk & West
North American f0 4
Northern Pac. 1.50O 119 11S4 114
Pacific Mail 2
Pacific T & T. . 1.200 40 38 3S
do preferred f0
Pennsylvania ... 300 122 4 322 4 122 4
r.an ... 500 115 3. 115 115
Reading; 3S.3 163 102 4 16" 4
Repubtlc S 4 I 600 24 4 24 24 4
Rock Island Co 1.300 23 4 224 22 4
Southern Pac .. IS.ftoo 1034 1044 1"4
Southern Ry . .. 2,100 26 4 264 26 4
Txas OH - H4
Union Pacific .. 20O 154 1 4 Li4
do preferred.. 100 4 90 4 90
United Rds S F 2x a:: 4' 33 32
U S Steel 7o600 63 4 62 4 2
do preferred.. 40O 109 4 104 109 4
"tan Copper ... 4.100 35 344 64 4
Wabash 10 3 4 34 3 4
Western Union . 70O 704 70 .0
Westing EJ-c .. 400 744 744
Wisconsin Cent. 300 44 44 40 4
Total sales for the day. 312,800 shares.
BbNDS.
Reported br Overbeck & Cooke Co., Board
of Trade building, Portland.
Bid. Asked.
Amer Tel & Tel conv 4s 108 110
American Tobacco 4s 964 OS
American Tobacco 0s 120 ....
Atchison general 4s 9.4
Atchison conv 4k 14 4 lo4
Atchlion adj 4s stamped i. 4 8
Atchison conv 5s 3044 1054
Atlantic Coast Line cons s 94- 954
At Coast Line 4'L & N coll" 4s. 914 924
Baltimore Ohio 34 4 H2
Baltimore & Ohio 4s. 94
Brooklyn Rapid Transit 4s 89 4 4
Can Southern first 5s 99 ....
Chesapeake & Ohio 44a W
C Tt A Q gen mig 4s 94 4 9j 4
C B & Q Joint 4s 95-ki 90
C B & Q JUs 4. gS
C B Q Denver 4s 944
CentraT Pacific first 4a 93 95 '.a
Chlcaffo & East Ills 4s SO ....
Chicago U I V P Ool trust 4a.. -6.4 n-4
Denver & Rio Grande 4s 874
Iel A Hudson conv 4s IS4 9S
Erie first cons P L 4s !6 4 ' -
lnt Met 44S 0 Sl4
Japanese 4.1 J
Japanese first 44 ft 4 90
Jav.-ane?e second 4,.s f4 M
1 m 1 c v i 1 1 a je- X'nhvtn unl 4s... HKV 99
Mo Kan A Tex 44 4 1
Missouri Pacific 4s 71 2
New York Central 84
New York Central L S 34s 74 "
New York Oity 4s 91 92
New York Citv 4!-!a of 1957 103 105 4
Norfolk & Western 4s 97 97 4
Norfolk Western conv 4s 11! 112
N Y Out & W 4 t 984 i'84
Northehrn Pacific 3s 68 S4
Oregon Short Line 4s 91 914
Oregon Ry & Nav 4s 93 94
Penna Ry 4S of 1948 102
Philippine Railway 4s. ' SO 804
Heading jfeneral 4s 91 914
Republic of Cuba 3s 1014 102
Southern Pacific first ref 4s 92 4 3 4
Southern Pacific col 4s 93 94
Southern Railway 4 774 78
St I, ASF. ref 4s .... 76 77
Union Pacific first 4s 984 99 4
Union Pacific conv 4s... 93 934
Union pacific ref 4s 954 964
United States Steel S F 3s 11 4 1014
United, States 2 registered 101 101 4
United States 2s coupon 101 1014
United States 3s registered i024 1034
United States 3s coupon 1024 1034
United States 4s registered 1134 3144
United States 4s coupon llV 114
United Railway S F 4s 664
United Railway 6t L 4s 72 73
Wabash first 4s 60 62
Western Union 44 96 9
Westinghouse conv 6s..... 934 94
Western Pacific 5s 86 4 K7 4
West Shore 4s 97 4 98 4
Stocks at Boston.
BOSTON. Jan. 16. Closing; quotations:
Alloues 37 4lMohawk 54 4
Anialg Copper.. 72 .Nevada Con .... 3S4
A Z L Sm 27 ,Nlpsstng Mines.. 84
Arizona Com .. 34iNorth Butte..... 30-
B A C C A S M. 5 4. North Lake 2 4
Cal & Arizona.. 03 4 (Old Dominion... 494
Cal Hecta. ...495 : Osceola, 964
Centennial lrt IQuincy 724
Cop Ran Con Co 474 Shannon 114
E Butte Cop M. 124iuperior 324
Franklin 8 Sup A Bos MIn.. 24
Oiroux Con .... 34 Tamarack 31
Granoy Con ... 634 iU 8 8 R M... 414
Greene Cananea. 834 do preferred... 494
1 Royalle (Cop) 28 .Utah Con 10
Kerr Lake...... 2 (Utah Copper Co. 544
Lake Copper.... 21 Winona 4
La Salle Copper 43 IWoiverina 66
Miami Copper... 234!
Money. Exchange. Etc.
NEW TORK, Jan. 1$. Money on call
steady. 2424 per cent; ruling rate. 24
per cent; closing- bid, 24 per cent; offered.
2 4 per cent.
Tim loans steadv. 0 days. 4 per cent
and 90 days 4 4 Pr cent: six months. 44
per cent. Trim mercantile paper, 44 64
per cent.
Sterling; exchange, firm, with actual busi
ness in bankers' bills a't $4.$3 for 60-day bills
and at .M.Slft for demand.
Commercial bills. $4.S24
Bar aeliver. 63 4c
Mexican dollars. 49c.
Government and railroad bonds, steady.
LONDON, Jan. 1. Bar silver, steady, SOi
2 1-lfid per ounce: money. 4S4 per cent;
rate of discount in the open market for
short bills. 4404 9-16 per cent; three
monuil OlllB, -J.i97S vein.
BAN FRANCISCO! Jan. IS. Sterling on
London. 60 days, S4.S34; sight, 94-87
Silver bars, 634c.
Mexican dollars, nominal.
Drafts, sight 4c, telegraph 7c
Condition of the Treasury.
WASHINGTON, Jan. 1. The condition
of the United States Treasury at the begin
nine of business today was:
Working balance 8:.!OS,05S
In banks and Philippine Treasury 30.B97.599
Total of general iund. ......... .. uo.ib t,st
Receipts yesterday 2,226.581
Disbursements 2,202.23
Deficit this fiscal year 9,180,34$
Deficit l5t vear 29.064.304
The figures for receipts, disbursements and
deficit exclude Panama Canal and public
debt transactions.
Cotton Markets.
NEW TORK. Jan. 16. Cotton closed
steady but within four or five cents of the
lowest at a net decline of 14 to 27 points.
January, 3 2. 49c ; February, 12c ; March,
I2.05r; April. 11.99c ; May. 11.99c; June,
11.99c; July. 11.93c; August, 11.82c; Sep
tember. 11.42c; October, ll.33c; December,
11.33c. Spot closed quiet. Middling uplands.
12.90c; gulf. 13.10c Sales. 2200 bales.
NEW ORLEANS. Jan. 16. Spot cotton
quiet, unchanged, middling 124c.
WAR NEWS IS A FACTOR
ADRIAXOPIE REPORT CAUSES
DROP IX WHEAT.
Early Market Is Scalping Affair
With Prices Irregular1 Subsid
ence of Export Demand.
CHICAGO, Jan. 16. The grain markets
today were nervous and irregular, but fin
ished with a net" decline, due largely to a
private cablegram stating that Adrianople'e
fall Is Imminent. Provisions advanced.
Until arrival of the Adrianople report gave
legitimate impulse to sales, the wheat mar
ket was a sort of glorified scalping affair.
Speculators soM on the hard spots and took
small profits on the soft ones, or vice versa
The edpe was off the export business, and
the trade was nervously waiting for influen
tial news which in the end arived from
Constantinople.
Fluctuations in corn were a reflection of
those in wheat. There was plenty for sale
on bulges, while to all arpearance recoveries
from the depressions necessitated careful
nursing. Export trade subsided. There was
more hedging of cash corn by sales of May.
although the spot cereal was quoted to
lc over yesterday.
Oats declined with corn and wheat, and,
like those markets, closed at the bottom.
Selling was chiefly from longs. Sample oats
were He to '4c higher.
Provisions advanced Be to loc on a light
run of hogs and small local stocks. -
The leading futures ranged as follows:
. WHEAT.
Open.
.05
.7 .90
High.
t .95
.92 '4
.905s
CORN".
' Low.
.9414
.91 '.i
.S9A
Close.
.91 4
.89 "s
May
July
Sept
May
.524
.53
.33 Ti
July
Sept
.r.3H
.53)4
.54
.54 M
OATS.
May 34
.34 i
.34,
.84 V,
.34
.34 14
.34
.34
' .34
.34
July 34,
Sept 34i
MESS PORK.
Jan 1S.27H 18.27 54.
18.82 H
1S.G5
May 18.65 1S.75 18.80
LARD.
Jan. .
.R74
10.05
May .
. .10.0'Jtt 10.07i.i 10.00
SHORT RIBS.
Jan 9.S5 9-80 9.85
May 10.OO iv.u. u.i'.si
Cash prices were:
Coin No. 3. 49(8 SOc: No. t yellow. 49
50c; No. 4. 4749c: No. 4 white. 48'i .V4 c;
No. 4 yellow. 4T'49r: No. 4 white, 4Sfcfi
5iic: No. 4 yellow. 47fe 49c.
Rye No. 2, 64 a 65c
Timothy S3 4. 13.
Clover SlOif 19.75.
Barley 53 a 72c.
Pork Mess. S18.251S.37V4.
Lard 9.87't.
Short ribs S9.2ri10.
Clearance, wheat and flour, were 9S3.0O0
bushels: Di'jmary receipts were 1,01, (H'O
bushels, against 183,000 bushels a year ago.
lustimated receipts tor tomorrow: nci,
112 cars; corn, 527 cars; oats, 173 cars;
hogs, 21,000 head.
Minneapolis Grain .Market.
MINNEAPOLIS. Minn.. Jan. 16. Wheat
May, SS)4c; July, 90490c. Cash: No.'l
hard, S0c; No. 1 Northern. 87iS8v;
No. 2 Northern, 85sS6?sc; No. 2 hard
Montana, 87c; No. 3 wheat, 839,8474c
No. 3 yellow corn, 4444ic.
No. 3 white oats. 3154c.
No. 2 rye. .7(&.tx0c.
Bran, J19.S0.
Flour steady. First patents. $4.40g4.75:
second patents. 4.2", 4.65: first clears, S3. 20
3.r0; second clears, S2.40i2.70.
Flax. $1-3014.
Barley 47 63c.
Grains in San Frnncif.ro.
SAN FRANCISCO. Jan. 16. Spot quota
tions: Walla Walla. fl.BltJl.S254; red Rus
sian. fl.47V41.48 : Turkey Red. S160(i
1.62'i: bluestem. $1.60 1.62 54 : feed barley.
fl.SSti 1-3754: brewing. S1.4nM.425j ; white
oats. ll.Cil.l "54: bran. S2424.o0; mid
dlings. f31i32: shorts, S26.50&26.
Call board sales:
Wheat May. f 1.5( bid per cental.
Barley December, St. 26 bid. $1.2S asked
per cental; May. fl.2S5iper cental.
Puget Soiind Wbemt Markets.
SEATTLE, Jan. 16. Wheat Bluestem,
91c: 40-fold, 8554c; club. SSc; fife. 84c; red
Russian, 82c. Yesterday's car receipts: Oats
1, hay 3.
TACOMA. Jan. 16. Wheat Bluestem.
90c; 40-fold. 82c; club, 82c; red Russian, 83c.
SAS FRAXCIHCO PBODITB MARKET
Prices Quoted at Hie Bay City for Vege
tables, Fruit,. Etc. -
SAN' FRANCISCO, Jan. 16. The follow
ing produce prices were current here today:
Fruit Apples, choice. 60c; common. 40c;
Mexican limes, $7s; California lemons,
choice, f7: common, f.1.50: navel oranges.
S1.253; pineapples. $23?3.50.
Cheese Young America, 16 17c
Butter Fancy creamery. 3 4 54c
Eggs Store, 224c; fancy ranch, 24c.
Hay Wheat, S25; wheat and oats. f21&
24: alfalfa, S12.5015: barley. $18in.
Potatoes Oregon Burbanks. 85c$fS1.10;
Salinas Burbanks. $1(81.35: sweets. $1.906 2.
Vegetables Cucumbers. $1; garlic, 2fP3c;
green peas. lOttlSc; string beans, nominal;
tomatoes, 75ct$l; eggplant, 47c; onions,
40 60c.
Receipts Flour. 11.603 quarter sacks;
wheat. 127 centals; barley. 1725 centals;
oats. 625 centals; potatoes, 4915 sacks; mid
dlings, 595 sacks; bran, 20 sacks; wool, 2
sacks.
Metal Markets.
NEW YORK. Jan. 16. Copper, unsettled.
Standard, spot. 15.50c bid. January. 16.12
t16.50c; February. 15.50$-16.50c; March and
April. 15.2&li.50c; electrolytic. 1U.624
16.7.1c; lake, l.8717.12c: casting. 16.50c.
Tin. easy; spot, 50.00 51.00c: January,
59.75 507c: February, 50. 150. 35c:
March. 49.S0 50.50c.
Lead, steady. 4.25-4.35c.
Spelter, steady, 7.25 & 7.40c
Antimony, dull; Cookson's, f9.7510.0.
Iron, unsettled and unchanged.
Copper exports this month, 13,221 tons.
London copper, spot, 71 ; futures, f 71 12a
paid. Local exchange sales tin. 25 tons.
London tin, firm; spot. 228 6a; futures,
226 los. London lead, 16 15s. London spel
ter, 26. Iron, Cleveland, 65s 754d in Lon
don. Coffea and Sugar.
NEW TORK. Jan. 16. Coffee futures
opened weak at a decline of 2 to 11 points.
The market was firmer on covering and
bull support, and closed steady, net un
changed to 3 points higher. Sales 99.500.
January, 13.20c; February. 13.30c; March,
13.47c: April, 130c; May, 13.75c; June,
13.S3C: July. 13.90c: August. 13.9ttc: Sep
tember. 14.02c; October. 14.00c; November,
13 0e- December. 13.96c.
pot. steady. Rio. No. 7, 13'4c; Santos,
No. 4. 15c. Mild, quiet. Cordova, 16 18c
Raw sugar, steady. Muscovado. .89 test.
. oc,. - ontrlfur4l. 96 teat. 3.4Sc; molasses
sugar, 89 test, -J.73c. Refined, steady.
London Wool 8alea.
LONDON. Jan. 16. There were 10.594
bales offered in the wool auction sales to
a&v. vigorous buying advanced good wools,
but" Inferior grades remained In buyers'
favor. Fine Geelong scoureds sold at 2s
7d and greasy at Is 5d. American greasy
merinos and light crossbreds at hardening
rates. I
The Modern Form
of Investment
It is an accepted fact that few, if any, investments
compare favorably with strictly sound, gilt-edge
bonds. The selection of good bonds requires seasoned
judgment, wide opportunity for investigation and
purchase of securities, a thorough, experienced organ
ization and strong financial connections.
One of the most vital functions of the truly repre
sentative bond house is to secure for clients, by the
exercise of expert judgment, . investments affording
maximum income, combined with minimum risk.
We will be glad to furnish a list of carefully
selected bonds yielding
4.35 to 7
upon application.
Morris Brothers
Railway Exchange Building,
Portland
LUMBERMEN
National Bank
Portland, Oregon
IMPORTERS are invited to register in the CODES of
our FOREIGN EXCHANGE DEPARTMENT the
names and addresses of their connections abroad
for any transfer of funds by cable, there
by minimizing cost of messages.
CAPITAL
Dependable
Advice
is considered by us to be one of the functions
of this bank. It frequently happens that our
experience enables us to make suggestions of
value to business men.
Surplus and Capital, $2,000,000.
Third and Oak.
LADD& TILTON BANK
Established 1859.
Capital Stoek ' $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.
OFFICERS. '
W. M. 1,,-idd, President. Robert S. Howard. Asst. Cashier.
Kdtvard Cooklngham, Vice-Pres. J. W. Ladd. Asst. Cashier.
W. II. Duneklcy, Cashier. Walter M. Cook, Asst. Cashier.
First National Bank
Capital .$1,500,000
Surplus 900.000
Oldett National Bank West of th
Rocky Mountains
DO YOU WANT RESULTS?
Then open an account with this bank, where
every department is in charge of a competent
man and each officer takes a personal interest.
Merchants National Bank
Under Government Supervision
Founded 1886 Washington and Fourth Streets
San Francisco
Los
$6.00 and $10.00
$11.00
Including Both Meals and Baggage. Brand New SHIP, S. S. MULT
NOMAH, elegant accommodations. Sails 2:30 P. M., SATURDAY,
JANUARY 18. Make reservations at once.
San Francisco, Portland & Los Angeles S. S. Company
Frank aiollain. Asrt.
$1,000,000
- UNITED -
STATES
NATIONAL
BANK
AngeleslSan Diego
& $18.00
$13.00 & $20.00
124 3d St. Main S6. A 4306
AMERICAN
In th World
Lanes S. S. Co.
Atlantic
Service
London, Paris,
Hamburg
'Kals-n Auk. Vic. Jan. 23. 9 A. M.
' tPrnnsYlvania. Jan. 30. 1 P. M.
Ptm. Lincoln Feb. 6. 9 A. M.
Amrrlka Feb. 8. 10 A. M.
tHamburg direct. 2nd cabin only.
MEDITERRANEAN
Madeira, Gibraltar, Algiers, Kaples
and l.enoa.
S. 8. Hamburg (11, TOD tons). Fob.
12. 10 A M.
8. S. Cincinnati (17.000 tona),
March 11. 10 A. M.
CRUISES
to tile:
Panama Canal
A D THE
West Indies
FROM
NEW ORLEANS
BY THE
S. S. Kronprinzessio Cecilie
(9000 tona.)
Leaving JAN. 23 FEB. 10
The Ideal Route for Tourists
from Wetvrn states.
16 DAYS $125 "d
Also Cruises Around the World
Writs for booklet statins; cruise,
Hamburg-American Line
160 Powell St., San Francisco, Cal'
O.-W. B & N. Co., Nor. Pacific
TJ sc ft. u- ft. ft., cuniuBiua iwuw,
Milwaukee A Puget Sound R.
i Great Northern Railway Co., Horsey
a. bmllu. ou fine su. rot-
land, uregon.
Copyright 1911
San Francisco, Los Angeles
and San Diego Direct
S. S. Roanoke and S. S. Elder.
Sail Every Wednesday Alternately at
6 r. M.
NORTH PACIFIC S. S. CO.
122 A Third St. Pbonea Main 1311. A 1314
COOS BAY LINE
STEAMER BREAKWATER
sails from Alnsworth llock. Portland, nt 8
A. M. December 3, and thereafter every
Tuesday evening at 8 P. M. Frelcht re
ceived dally except Tuesdays up to fi 1". M.
Tuesdays up to 3 P. M. Passenger fares:
First-class, 10; second class. $7, incImlinK
berth and menls. Ticket offlco at Alns
worth Ioek. The Portland s Coos Bay bS.
I.lne, I H. K ruling. Agelll.
T.OS ANGELES AND SAN DIEGO
STEAMSHirs YAJLE AHU HAKVAKD
Railroad or any ateamer to San Francisco,
tho Expo City. Largest, fastest and tha
ONLY atrictly first-class psssenger ships on
the Coast. Averago speed 2d miles per
hour: cost $2,000,000 each.
fcAN" FRANCISCO, PORTLAND ft I. A.
8. S. CO..
Main 90. Crank BoUam, Agent. A 4311.
121 Third Street.
EXPRESS STEAMERS FOR
gan Francisco and Los Angeles
WITHOUT CHANGE
S. S. BEAR sails 4 P. M. Jaaoarr M.
True SAN FRANCISCO PORTLAND 8. 8.
CO., Ticket Office 132 Third Street.
Phone Main 2605, A 2559.
NEW YORK-PORTLAND
REGULAK FKEIQHT SERVICES.
Lew Kates- Schedule Time.
AMERICAN-HAWAIIAN S. S. CO,
21S Railway Exchange Bids,
Portland, Or.
M.fn e.37 "
The
Canadian Bank
of Commerce
HEAD OFFICE,
Toronto, Canada.
Established 1867.
Sir Edmund Walker, President
A general banking business
transacted.
Interest paid on time deposits.
PORTLAND BRANCH,
Corner Second and Stark Ets.
F. C. MALPAS, Manager.
If your street is not
paved at present,
your property is not
representing its true
value. Boost for a
paved street and
have it paved eco
nomically and per
manently by using
Bitulithic.
J. C. WILSON & CO.
STOCKS, BONOS. GRAIN AND COTTON
MEMBERS
NEW YORK STOCK EXCHANGE.
NKW YORK COTTON KICHANtilS.
CHICAGO BOARD OB TRADE,
TBB STOCK AND BOND KXUAMOC,
8AS FRANCISCO.
PORTLAND 0PFICE:
Lewis Building, 269 Oak Street
Phones Marshall 4120. A 4187.
Following th xampl of ihe French,
British government has decided to uss only
blplanss for military nurposs. Th many
deaths that have occurred In the last few
months is the obvious reason.