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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 31, 1913)
THE MORNING OKEGOMAX, FRIDAY. JANUARY 31. 1913. 19 KOVVOOLCDNTRAGTS Buyers Wait Until Sheep Are Sheared. FUTURE MARKET DOUBTFUL Noi a round of Future Business Ione op Attempted in Tills State. Marketing of Sheep In East Ceases. So far as can be learned not a aingle pound of 1013 wool has been bought in Ore- son on contract to date. There was a rumor of some buRinesa having: been done at Baker in wool on the sheep's back, but to confirm It. Buyers in this stat representing Eastern houses hav reeelvert no msirucuoua i contracts and they do not look for any. With the tariff situation so uncertain, it is probable that all buying will be deferred until the wool has been sheared. The same conditions are likely to prevail In other parts of the West. "Efforts thus far to contract In the "West have proved futile, owing to the refusal of the growers to accept what are considered as fair prices by buyers from the East," ays the Boston Transcript. "Many bouses have men In the West, some on their usual trips at this season, and others looking the field over, possibly to see what can be done In securing individual clips before shear ing time. Shearing is Just beginning in Arlsona, but nothing Is reported as sold. "In regard to the report that Ohio farm ers hpa been getting rid of their sheep, in anticipation of a radical change in the tariff, a representative of one leading packing-house -ays that a big movement of this kind in the late Fall and early winter has about 'petered out Western farmers remember very keenly the sudden drop in rain. hirh followed the passage of the Wilson bill. The recent shipment of uneep i - Biuvajniu precautionary effort to avoid larger losses in the future." . t tlia alumn (n fh nrtce Of lOW and medium crossbred wools which was apparent at the opening of tne saies on the 14th appears to have been fully re covered with the improvement of the of ferings and American buyers have taken on some of these wools. Merinos have shown no particular change siuce the open- injr days. Conditions in the Eastern market are re ported by the Boston Commercial Bulletin as follows: "With so many unfavorable cir cumstances attendant upon the wool market at the moment, it is not strange perhaps that there is only a sluggish movement in wool. Indeed. It would be strange If there were any marked activity. Notwithstanding tills state of affairs, there Is not much tesi-nism apparent so far as the Immedi- .. . (Mtii.a ta KnncarnMl and from the DTPS- 11 1 attitude of manufacturers, dealers are not lacking who express It as meir nrm conviction that an active market will be In evidence again within a month. "1'rlees have shown little or no change ...; t.A -,. otr rhr has been the usual clean - up of odd lots, which have brought various prices ana wnicn are hardly quotable anyway, but wools of good description have commanded prices equal to those of a week ago. Dealers state de mand la not lacking for good wools, but that It Is yet possible to mow stocks at the prices some holders want." WIIKAT CARCSO AT TOP I'RKE rop News From India and Kuscla Is Bullish Loral Trad flow. There was but little doing In the local grain market yesterday. The general quo tation on blur-tern was Otf cents, but a sale t A cents was reported. For -flub $ and Si cents were bid The demand was not lively in any quarter. Millers seem satis fied to have the farmers hold back for the V resent. A local ear&o was sold yesterday at the top price, although the public cable quoted "cargoes on passage easy with nearby posl t ions offered freely." Liverpool cables noted some rain in Tn ilfp. but the condition of the crop is still Kirious. In Russia tho snow covering is Insufficient and damage to the Winter crop Is feared. Export flour trade for several days has bten quiet. This is to be expected in view of the heavy business worked recently. Local receipts, in cars, were reported by the Merchants Exchange as follows: Wheat Barley Flour Oats Hay Monday 2 11 . .. 3 Tuemiav ..... :i7 .. 1 7 Wedmsday ... 7 . . ". .. 4 Thursday .... . . 11 War ago ... 1: s.a-on to date J '-"" 1V0 Year atco J'-'- -,f I''1- 1 l!t7 NO TRADE PAHSlNCi IN OREC.ON HOPS Ijtrge California Crop Sohl KnglMi Market Cont In ties h inn. There was no - business passing on the Im-al hpp market yesterday and hut little demand for any grade. At Hanta Kna the t 'hishoJm crop of 1-3S bales of Son o mas as sold at 16 cents. Mall advices from London, dated Jan uary IS. say: "Although consumers of hops are only taking just their immediate requirements, the amount of business passing Is sufficient to keep prices firm. Continental markets are very quivt. as is quite usual at this period of the joar. Supplies aro short, of sxmI qualities especially so. and prices re main unchanged. Pacific Coast hops would be selling much more freely if the general qua my were better. At Worcester the business Is rather checked by the grow er demanding hieher prices, and Cils. coupled with the fuct that hops are offered sparingly, makes values very firm: with more trade ther would prooabiy be an ad- J1ICC." BOX APPLE TKAOK IN" TIIK EAST lair Oemand for Western Fruit. Iut Prices Art Will I.w. Bx apples arc doing letter in th New York market, although prices are still low, acvordins t the following Mail report: "There is a fair demand for Western boxed appl-. s. and at auction Washington jtpitzeuburg stock sold In a ranjee of $1.76 to $S a Tv-. an svracf of $1.7 a box for the 30 b"lvs offered. The call for ox Mock seems lo be more or lew local in character an. much of it fs g!ng out to tlie local retail trad. A feature of the market Is the Tact that while the crusadr UKainM lit till retail rates on apples is still in progress in a half-hearted way. there has been no appreciable falling off in re tail charges. The situation so far as the average retailer la concerned Is on about th same vel so far as the consumers' comt goes. Buyers re content to take hold, as they need the goods, and the Improved tone ts duo vry largely to the facf" that arrtva's have bn on a smaller scale. be the last for a month. No more green peppers, 'bell pepper or egg plant are ex pected until Mexico begins shipping about a month hence. There was a fair demand for apples of the various grades, but oranges were slow. Poultry Supply la Larger. Chicken . receipts yesterday were large, and the market was not as firm as earlier in the week. Ducks were in strong de mand. Dressed meats were steady. . The egg market was slow with stocks large and prices weak Butter and cheeae were steady and un changed. Bank Clearings. Bank clearings pf the Northwestern cities yesterday were as follows: Clearings. Balances. Portland ?l.-S.-3 S 77, IMS Seattle 1.511. 5S9 151.439 Taenia 34..93 2.34l Spokane 533.437 112,941 PORTLAND UAKKGTS. Grain, Floor, Feed. Etc. WHEAT Track prices: Club. Sfi87c; blucs.tem. Si'dHc; forty-fold, 87c; red Rus sian, 84c; valley. 87c FLOUR Patents. $4.70 per barrel; straights. $4.10; exports. $3.S3a.95; Val ley. $4.70; graham. $4.80; whole wheat. $4. SO. BARLEY Feed, $2323.50 per ton; brew ing, nominal; rolled. $20.50 fe.2tf.30 per ton. COItN Whole. $27; cracked. $23 per ton. MILLSTUFFS Bran, $22 per ton; aborts, 124 per ton; middlings, $30 per ton. HAY Timothy, choice. $ltf17; mixed. Eastern Oregon timothy. $12015: oat ana vetch. $12; alfalfa. $11.50; ciovw. $1Q : straw. $t97. OATS No. 1 white, $26.5027.50 per ton. Vegetables and Fruit a. , FRESH FRUITS Apples, 30cJ2.00 per box; pears, $1.503 per box; grapes. Mala gas. JS per barrel. . POTATOES Jobbing prices: Burbanks, 50 & 60c per hundred; aweet potatoes. 3V4 per pound. TROPICAL FRTJIT6 Oranges: Navels, $2.25&4; Florida, $4; Japanese. $1.25 per bundle; California grapefruit. $2.5&3.25: Florida grapefruit, $4.23; lemons, $7.504J8 per box; pineapples, 6c per pound ; pome granates. $2 per box; persimmons, $1.72 pez box: tangerines, $2.25 per box. VEGETABLES Artichokes. $r.30 per dosen; cabbage, le per pound; cauliflower. $2.50 per crate: celery, $5.50 per crate; cucumbers. 75c?$2 per dor.; eggplant, 10c pound; head lettuce. $2.50 per crate; pep pers, 10c per pound; radishes, $50 per dozen: sprouts. 10c: tomatoes, $2.25 per box; garlic. 6o per pound. SACK VEGETABLES Turnips. 75c p sack; carrots, 75c per sack; beats, 750 per sack; parsnips. 75c per sack. ONI O.N e Oregon. $1 per sack. Dairy and Country Produce. "EGGS Fresh locals, candled, 23tf2Sc per dozen. CHEESE: Oregon triplets. 18c per pound. BUTTER Oregon creamery butter, cubes. 37 Ho pr pound; prints. 384 39c p pound. POULTRY" Hens, lift 14c; broilers, 14 6-14 fee; .turkeys, live, 20c; dressed, choice, 25c; ducks. 17 lsc; geese, 12fi 12 ic. PORK Fancy, 10c per pound. VEAL Fancy, 1415o per pound. Staple Groceries. SALMON Columbia River. one-pound talis. 1.' -'5 per dozen: half-pound flats. SI 40: one-nound flats. $2.45: Alaska pink. one-pound talis, 85c; silversldes, one-pound talis, $1.25. HONEY Choice. S3. 25 &3. 73 per case. NUTS Walnuts. ISc per pound; Brazil nuts, ll'ueuc: filberts. 14 Clitic; almonds. ISc; peanuts. 65fec. cocoanuts, OOc&Sl per dozen, chestnuts. 11c per pouna: mcaory nuts, 310c; pecans, ltc; pine, lifeQ'uc, BEANS Small white. 5.40c; large white, 4 5c ; Lima, ti"tc; pink. 4. 70c ; Mexican. 5c: bavou. 4.65c. SUGAR Fruit and berry, $5.25; Honolulu plantation. $5.20; beet. $..".; extra u. powdered, barrels. $.'.50; cubes, barrels, $5.60. SALT Granulated. $14 per ton; balf- g round lOPs, $10 per ton; 5Js. $10.75 per ton; dairy $12.50 per ton. RICE: No. 1 Japan. 5&5c: cheaper grades, 4fec; Southern head, 5 ti c. DRIED FRUITS Apples, 10c per pound; apricots, 12 5 1 4c; peaches. 8 to 11c; prunes, Italians. S-glOc; silver. 18c; figs, whits and black, 8141 7c; currants. c; raisins, loose M uscatel, 64 G7 fee; bleached. Thompson, It Vc; unbleached Sultanas, 8fec; seeded, 7feti8fec: 0ata. Persian, 7feo per 'pound; fard. $1.65 per box. FIGS Twelve 10-ounce. 85c; 50 $-ounce. $LS5; 70 4-ounce, $2.50; 30 10-ounce. $2.25; loore. 50-pound boxes. Ofe Smyrna, boxes. $1.101.25; candled, $3 per box. Coffee Roasted, in drums, 24 $ 44a per pound. Provisions. IXH'AI. COMMISSION MKS VIMT MAI.KM 4 lo LnMty Acnlat llill- Aimed at Pro duce Trade. A d-'l-SHtion of . Front-strict commlMion men went to Salrru yesterday to lobby aa:bst several bills that have ben intro duce in lh Igts'aiurc which appear to b" a'med at the commission trade. They believed they could convince the lawmakers t h.it the h lU If oiiact'J would work as severe a hsrdyhip on the producers as on the mercltants. With the bt iter wcatlcr 'rade n the t tr-t Iinpro ed In volume. A car of fancy Jvi w Isia;'i l celery arr. nU Tina wtll HAMS All sizes. 184 419 Uc; picnics, 12r; cottage roll, 1 lc FACON Fancy 26 fe 43 27 Vic; choice, 20 LARD In tierces, choice, 14 Vie; com puuud. Ufec DRY" SALT MEATS Regular short clears 13rfcl4fec; short clear backs. 12 to lb lbs., i:m.ic; snort civar iiScks. 1 to ICS .. 13 l '- 15c: exports, 14c. BAKKI.tu BhEF Extra mess beef. $14; mess beef. $13; plate beef, $-'0; rolled bone less beef. $J. BARRELED POItK Best pig pork. $24; brisket pickled pork, 23ii 25c - Uops, Wool and Hides. HOPS 1112 crop, prime and choice, IS 19c ptr pound; contracts, 15c per poind. MOHAIR Choice. 32c per pound. PELTS Dry. 13tfl4c; butcher, $14? 1.35; short wool. 7 10c WOOL Eastern Oregon, 14 0186 per pound according to shrinkage; Valley. 21 fe tf2:yc per pound. HIDES Salted hides, 12c per pound, salted calf, l&c; salted kip. 13 014c; greea hides. 11c; dry hides, 2223c; dry call. No. 1, 25c; No. 2. 20c; salted bulla. He CASCAHA Per pound. 4felc; car lots. 4 5c GRAIN BAGS In carlots, 10c. Unseed Oil and Turpenlloa, LINSEED OIL Raw, barrels, 5:;c; boiled, hs rrels, 35c ; raw, cases, 5sc ; boiled, cases, 60 c. OIL MEAL Carloads, $:i7.50 per ton; less than carloads. $40 per ton. TURPENTINE Barrels, 54fec; eases. 57c. GASOLINE Naphtha, in iron barrels llc, in cases 2:tc; motor gasoline. In Iron barrels 17c. in cates 24c: engine distillate, in Iron barrels Sc, In caes 15 fee KAN FB.VN CISCO PRODUCE MABEKT Prices Quoted at the Bay City for Vege table, Fruit, Etc SAN FRANCISCO. Jan. .10. The follow ing produce prices were current here today; Fruit Apples, choice. 0c; common. 40c; Mexican limes, nominal; California lemons, choice. $7; common, :i.50; naval" oranges, $.25i 3; pineapples, $2$jf3- Clie4i Young America. 1 fig 16c. Butter Fancy creamery, 3Sc. Esgs Store. 22Hc; fancy ranch. 2fe Hav wheat. $2::.M; wheat and oats. $21. DO $22; alfalfa. $12.5015; barley. $13 Potatoes Orezon Burbanks. 75c 4 $1 ; Sjlinas iiurbanks. $t&1.35; aweeta, $1S5 2 0O. Vegetables Cucumbers. $2-25 (J 2-50; green peas. 151 2"c; trt:i beans. toma to, 35 ii vk; eppp!ant, 5? 15c; onions, 4ttn c. Receipts Flour. A05O quarters: barley, fn centals; potatoes, 11.575 sacks; hay, 70 tons. Metal Market. NEW YORK, Jan. .M. Copper. stdy. Staniiard. spo and January. 15c bid ; Fer nwrv. Uarch and April. 1.V2-"? l.V75c; elec trlvtir. Ht.5x-; lake. lt.5tt l.75c; castings, ltiu lti.l5c. Tin. .':ik. S'l-ot aivd January. 5orrin.4v; February, 4t.tH tl 5v.;;Oc; March, -tu.Oo iS.'tc. Lead. firm. 4.25 4. S5c. Si iier. easy. ti.7 a r..00c. Antimony, dull. Cooksoa s, 0.75c. Iron, easv. unchanged. Copper arrivals. 204i tons. Exports this month. 22,471 tons. Lmion ropper, steady. Sjot. fi 17s ttd; futures. 5s. Iondon tin, weak. Spot. "2h Ks; future. 225 5s. London lead. 16 7s M. Iondon spelter. f2. Iron, Cleveland w arrants, &5a SHI In Lon don. New York Cottoa Market. XF W YORK. Jan. "U. Cotton future closed barely steady. 7 to It points lower, j nuary , 1 2 Wc : Februa rv, 1 2.:t2e : March. 12 S.1e;" April. 12 lc; May, 12.20c; June, 12.1 le: July, 12.1'V-: August. ll,.02c: Septem ber. 11.50c; October, 11.40-; December, 11 47--. Sj'ot closed steady. Middling uplands,, 13.15; gulf. i:.4t. Sals. ;t70 Vales. NEW Oil LEANS, Jan. 30. Cotton Spot, stvaiiv. uuchansed; middling. 12 7-1 tic. 1 V ( him go Owhry Produce. CHICAGO, Jn- 50. .Butter1 Steady, creitmer:!. l"4-u5e. Efigs Easier. liereipTs. 4214 cases. at j mark, ctttt-s inchnV'd. j: A 21c; refrigerator ; U;sl. lb lUfec; arsis. 22 fee j STOCK TRADE BRISK Market Advances Sharply but Loses on Realizing. SHORTS DRIVEN TO COVER Further Manipulation on Large Scale in American Can Securities. Southern Pacific Recedes From Wednesday's High Point. NEW YORK. Jan. 30. TradiiiR was on a considerably larger scale today In both bonds aaid stocks. The market lost the un certain tone of the previous session and vig orous advances were made, through the list. Almost ail f the leading stocks wore in brisk demand and gains of two points or more were recorded among suoh standard issues as Reading. Union Pacific, Steel and Amal gamated. Profit-taking sales In tho last hour largely reduced the advance. The improvement in the tone of the mar ket could not be said to bo due to any new influence and apparently the movement was directed chiefly against the short interest, from which came a. large part of the de niand. This view of the situation was sup ported by the way in which once or twice (luring the session prices were marked up buoyantly as bear traders rushed to cover. Further manipulation on a iarge scale of Aruerican Can stocks had much to do with the market's activity. The common stock was poshed up over five points to 45. within less than two points of the hiRh mark reached last October. The pre ferred moved tip 21 to i;9ii. No definite information has been given to disclose a sr.lid foundation for the rise. Southern Pacific, which was exceptionally strong yesterday, was comparatively heavy today, although the December statement showed a gain in net revenue of 444,O0t. Slight Irregularities developed in the bond market. Total sales, par value, 2,78O,U0u. Uulted States Us declined H on call. CLOSING STOCK QUOTATIONS. Reported by J. C, Wilson & Co.. Lewis building, Portland. i Closing Sales. HiKh. Low. Bid. Amal Copper .. SS.P0O 74lja '2 "3H Am Beet Sugar. 1.100 BS1. 37 71i American Can .13S.SOO 42 4."., do preferred. . 20.1OO 12 123U Am Car & Fdy. 300 115 Am Cotton Oil "' Am Smel & Kef 8.70 7U 7"'l 73H do preferred.. 200 10B', 10." j, 103i American Sugar tluO 117i 117H 117V, American Sugar. 113 Am Tel & Tel.. GOO isiii 133 1H3 Ain Tobacco ... 00 264 2t7 Anaconda 2.01K) 38 37j, - 3SV4 Atl Coast Line 130 A T & Santa Ke S.otH) 1M5?4 1005, I5H do preferred.. Uto 101 Bait & Ohio ... 1,700 1024 102 102V4 Brook R Tran. 3.400 91 91 91 Canadian Pacitlc S.sik) 242 2401. 240-5 C & O 100 7Sri 77TS 7-13, C & G W Itl'lt C M W 4"0 137'4 137 130H C M & St Paul.. ,800 114 11. T li:Hi Central Leather 4o0 2K 2ST, 2Sii Chino 4..-.00 4:: 424 42-4 Col Fuel & Iron 2.600 37 33 i4 35 do preferred 135 Col Southern ' -"0T, Consol Gas .. 1,200 1SSH i:S 1381, V L & W 420 D & R (1 21 Distillers' Secur 1S4 Erie 13.K00 32? :il 81 General Elec .. 4IH1 142i 142'i 148 "4 Gt North Ore .. l.itm 4("4 3ii SWi Gt North pf ... 2.500 12l 128-i 12-; Illinois Central. 100 1284 12614 127 V4 Interboro Met .. D.4oO 1i i''1 do preferred.. 1.1O0 6.-, 64 44 Inter Harvester 4.300 ll.TH 114'4 l'V4 K C Southern.. ".00 20i 2' 2'., Lehigh Valley .. 12.30O IBS a, IBS 14 Louts & Nash.. 2O0 13!)Vi i:'.0V 133 Mexican Centra! ln 24 24 24 XI. S P ft s S M 400 141 '4 110V4 14IH4 Mo, Kan & Tex 20O 27 5, 27 tj 27 'i Mo Pacific 1.WI0 42 '4 41 Vt 41 National Lead .. I.OOO ai 5274 53 Nat Biscuit ... 100 12114 do preferred.. 121 N Y Central ... 1.4O0 looqi 1014 10! N Y, Ont ft Wcs 4I1 324 32 32 Norfolk & XV... 4,400 do preferred.. ...... ..... ..... 6 North American !?oa4 Northern Puc .. 8.SOO 12014 119U lift'. Paritic Mail .... 200 . .".oij .TO hi Pacllic TAT.. 200 39 3 3'. do preferred Pennsylvania ... 1.400 123'4 123 123 People's Gas .. 700 llrt H.Ti 115 "A Reading 4.IoO JOO i 13; 1B5 14 Repub'ic S & I. 2.40O 26 24 '4 23' Rock Island Co. 1.S0O 23'4 22S 22 Southern I'ac .. 3I.10O 110 MH4 1"SH Southern Ry ... 2.7HO 27'4 27 27i4 Tosas Oil 5.0' 121 "i 114 11 Union Pn. iflc .. 34 400 loll, 5!l',i -1354 do preferred. . 200 9014 SS P0 l'nlie.1 Rds S V 32 V s steel 04.300 fi 4S do preferred.. 40O 1 10i 1 lO'J 110H I'tah Copper ... 2.S0O 35 S 34 vi 34 4 Wabash Western I'nion . 20O 72H 71 T4 72 Westing Klec .. 4.700 75 74 I41, Wisconsin Cent 0 Total sales for the day. 608.000 shares. BONDS. Reported by Overbeck & Cooke Co., Board of Trade building, i'ornaiia. Amer Tel & Tel conv 4s American Tobacco 4s AmeHi-an Tobaroe s Atrhison generul 4s Atchison ennv 4s Atchison adj 4s atamjied . . . . Atchison conv .,s Atlantic Coast Line cons 4s At Coast Line "I, A N coil" Paltimore & Ohio 38 Baltimore Ohio 4s Brooklyn Rapid Transit 4s.. t an southern r'.rsi s Chesapeake & Ohio 4VjS l' K & Q gen mts 4s c B (J Joint 4s C B & Q Ills 4s t' B W Heaver 4s Central Pacific first 4s Chicaso II I & J ref 4s Chicago R I P Col trust 4: Colorado Sr Southern first 4i nenver &' Rio Grande 4s... Delaware Hudson conv 4s Krie first cons P L 4s. . lot Mel 4'rS Japanese 4. Japanese first 4Ws Japanese second 48 Mo Kan Tex Ne,v York Central .'tits Nw York Central L S 31s. N Y tet!tral 4 N Y Cltv 4'-c of 11137 Norfolk A- Western 4s Norfolk 4t Western conv 4s. N Y Ont W 4s Northern Pacific P L 4s Northern Paciflr 3s Oregon Short line 4s...... Oregon Rl Nav 4s Petina Ity 4s or 1948 Philippine Railway 4s Reading yeenrsl 4s Remtbllc of I'ti list 5s Southern Pacific first ref 4s Southern Pacific col 4s.... Southern Railway 4s St I, & S F ref 4s Cnlon Pacific first 4s Vnion -Pacific conv 4s I'nion Pacific ref 4s Cntted States Steel S F 5s. Cnited States 2s registered. I'n'.ted States 2s coupon I'nlted States 3s registered., Cnited States 3s coupon I'nlted States 4s registered.. I'nlted States 4s coupon..-. I'nlted Railway S F 4s T'nlted R.illway St L 4s Wabash first 4s Western I'nion 4H Westinghouse conv 5, Western Pacific 5s Wisconsin Central 4s West Shore 4s Bid". Asked. lo.Vj 108 . ... 92 .... 120 , . . . 97 i 98 H'4l 1"4"J 8714 101 104'i 95 .", 4S. 91 91 'J txili 91 -J , ... 97 971, . ... 91 91 ' ,...100 100U . .. 100 .".4 9B .". 4 9544 0744 14 . . . . 95 14 9t, . .. . 95', ti . . . . S7 i SS ' i. .. 3,i MS "i I... 4 94V4 Mi 90 97 a, 9S . ... 8'4 b7 1 K 1 14 S3 84 H 99 9014 . . . . SS 44 .... I . . . 98 14 99 SH -7 .... 87 7S'j 78 7S14 90 91 105 3. ".OH . . . . 9S t 98 Ill la H2'4- 92 94 'J 98 981. .... 118 U 91 IMS 9.: 9314 ....lOlU 10214 , . 80 97 'A 974 102 103 93 9314 94 941j .... 77i 7S 7'!! 7014 . . . . 99 1"0 9l 94 ... 95 95 4 101H 10114 luH 101 1011s ... 102 4 1031, ...nr.' 14 10314 1131, 11414 11314 114'4 63 H. M 74 03 1.4 ... 93 'i 95 44 ... 931 49 80S: 87 ... 9" "4 9114 ...93 5. 414 Stock, at Boelon. BOSTON. Jan. 30. Closing quotations: Alloues 39 'MchawK J4 Amalg Copper.. 734, Nevada Con .... 1S1 A Z I. sm... 31 INiplssing Mines. St, risona Com .. 3 14 North Butte..... 311 B C C S M. 1j North Lake 144 Cnl & Arlsona.. rt 'Old Dominion... 48 Cal HeeJa 493 'Osceola centennial ..... 1 lOuincy 74 Cop Ran Con to 48i, Shannon ....... 12 F. Butte Cop M. 14 "..Superior ..; 31 Franklin 7 Sup B"i Win. 2 Giroux Con .... 5 V, ITamarack ...... SI Granbv Con ... l! L S S R M... 41 Greene Cananea. V do preferred... 4914 I Royalle tCop 2-'': ftah Con 10 Kerr Lake 3H I'tslt Copper Co. 54 Iike copper.-.. 20 ;Winona ........ 314 I.a Salle copper 44 Wolverine . . 67 S Miami Copper.. . 2 j Money, txehange. Etc. NEW YORK. Jan. 30. Money on call stemlv. 2 1 1 'ti per cent; ruling rate, 2 4.. closti g bid. 2: offered at 21,. Tine loans, firmer; to days. 314 t?314 per rem; 90 days. 34 per cent; six months. 4V41. per cent. Prime mercantile paper. 4 S $ 5 per cent. Sterling exaalialio steady, wltli actual buai- . , . - . , 1 . . c 1 n an.,.. ness in oanaers 01110 nv v- "v ' bills and at $4,875 for demand. Commercial hills. 4.62V Bar silver, 62c. . Mexican dollars. 48c- Government bonds, easier; railroad bonds, irregular. LONDON, Jan. 80. Bar silver firm, 2S14d per ounce; money, 414 s"5 per cent- The rate of discount in the open market for short bills la 5 per cent: for three months' bills, 4H 4 13-lii per cent. SAN FRANCISCO. Jan. 30. Sterling in London Sixty days, $4.b314; do, sight, $4.8744. Silver bars, 62c Mexican dollars, nominal. Drafts, light 3c; telegraph 6c Condition or the Treasury. WASHINGTON. Jan. 30. The condition of the United States Treasury at the begin ning of business today was: working bulance I SR.S45.560 In banks and Philippine treasury 32.227.389 Total of general fund 144,82S,560 Receipts yesterday 2.G03.179 Disbursement 905,648 The surplus this fiscal year is $3,447,647. as against a deficit of $24.33.124 last year. The figures for receipts, disbursements and surplus, etc, exclude Panama Canal and public debt transactions. HOGS ARE OFF Mil, FIFTEEX - CENT PBCLIXE IX X'OKTII PORTLAND MARKET. "Weaker Tone Due lo Heavier Re ceipts Good Supply of Cattle and Sheep on Hand. Th-re wu a liberal run of all classes of livestock at the yaras ystrday. Nineteen loudn at hugs were unloaded and as a re uit the market was lower. Cattle arrivals were li7 cars, of which 18 came in from Montana. The cattle and sheep markets were steady. Not much business was put through in the cattle division, aside from the sale of a load of good steers at $7.80. The best that was done in the hog mar ket was I7.60, at which four loads were moved. This price reveals a 15-cent de cline in the market over night, as a conse quence of the heavy supply. The bulk of the sales wen- t $7.55. Heavy hogfe brought and $6.60. There was a fair amount of business pass Ins in the sheep market at a steady range of prices. Ewes sold at $5.25 and lambs at $7.25. Among the shippers on the market was E Sweet, of Sweet. Idaho, the largest pro ducer of hogs in that state. Mr. Sweet brought in his first load to Portland, having marketed all his hogs heretofore in the East. Mr. Sweet has not been in Portland for 33 years and was much impressed by the growth of the city. He intends to ship hoKs to Portland from now on. Receipts were 6ol cattle, lb 13 hogs and 14!MJ sheep. Shippers were T. B. Wilson, Caldwell, 2 cars of heep; James Madison, Weiser, 1 car of hoge; E. C. Walker, Sugar City. Idaho, 3 car of hogs; Ball & Later, Rigby. 1 car of hogs; C. F. Walker. Idaho Falls, 1 car of hogs; E. F. Sweet, Payette, 1 car of hogs; Ed Coles, Haines, 1 car of sheep; J. W. Chandler, Haines and Ione Tree, o cars of hogs; Willis & Peterson. North Powder. 1 car of hogs; Kiddle Bros., Union Junction and I m bier. If cars of hogs; Phil lips & Coleman, Echo. 6 cars of cattle; Mc Cully & Rumble. Enterprise, 2 cars of sheep; J. A. Ireton. Weiser, 1 car of hogs: H. F. Lent, Ten Davis, Idaho, 1 car of iioss: E. E. Kuhn. Wallowa, 1 car of hogs: Dale Beach, Wallowa, 1 car of hogs; H. Boy) en. Pilot Rock. 1 car of sheep; F. J. Tetman, Butte. Mont., 2 cars of cattle; H. S. Tet man. Anaconda, Mont.. IS cars of cattle; Stinger A Elklns, .Opal City. Wyo., 1 car of hogs; J. S. Prahl, Toppenish, 1 car of hogs: F. B. Decker, Gervals. 1 car of hogs; Mrs. M. J. Slaig, Mt. Angel, 1 ear of cattle, and A. S. Bennett, Shanlko, 1 car of hogs. The day's sales wero as follows: Weight. Price. oJt lambs St $7.J- 5 hog 7.30 7I hogs 17-1 7.50 10 hogs lUti 7.50 m hogs i'7ti 7.:;; (o hogs ij 7. no 2 hogs 4. .to 0.60 io hogs iik; 7.oo 102 hogs 17:i 7.55 - 4 hof?s oT-' fi.'iO 81 hogs 202 7.60 21 steers 1242 7.S 2 steers -...-. 1 !H5 7.00 107 Iambs 81 7.2ft ewes UK 5.25 174 ewes !5 5.25 lt ewes !2 5.25 71 hogs 2W 7.::5 IO hozrs H2S 6.55 77 liogn ....................... 7.."i5 !5 hoRS 2lO 7.,V iNt hogs 201 7.55 SO hogs 1.rO 7.60 3:. hoes 1 ! 1 7.U0 !M hogs 20.". 7.ro 2 hours 355 6.55 06 hons . . . i 24 7.55 104 hoes 181 7.55 The range of prices at the yards was as follows: , Choice steers $7.30$8.00 Good steers 7 fMi 7.30 Medium steers 6. SOW 7.00 Choice cows . . . . . . . . ti.50gf 7.0') Good cows H.Mfa; a.of Medium cows 5.50 600 Choice calves 8.00 9.00 Good heavy calves 6.50 7.50 Bulls 3.00 5.50 Hogs Lialit 7.5Si- 7.0 Havy 6.0O4T 6.00 Sheep Yearling wethers 5.00 6.50 Ewes , 4.fHt& 5.50 Lambs "JL11A1L" 6.00 7.35 Omaha JJveMwk Market. SOUTH OMAHA. Jan. 50. Cattle Re ceipts. 30OO: market, active, JO cents higher. Native steers. $6.4tf .S.40;' cows and heif ers, $4 'a) 7; Western steers, $5. 50 ft S; Texas steers, $4.75(416.25; cows and heifers, $3.75f(V 6-50; calves. $tffi. Hogs Receipts, 16,:fOO: market. 5c to TOc hlfs'her. Havy, $7.55& 7.45; light. 97.204 7.4U: pig. $647; bulk of sal?, $7.30r7.-H. Sheep Receipts, 48n0; market, active to 10c to 15c higher. Yearlings'. $SbT.10; weth ers, $55.50; lambs, $7.5rg8.50. Chicago IJventook Market. rH ICAGO, Jan. 0. Cattle Receipts, r.'VM head. Market steady to 5c htpher. Bves. $1,2548.20: Texas strrs, $4.!Hf-ff 5.75; Western Kters, $6.50 -ft 7.50; stork t-rs and fr-eders, $4.7.'m 7.0; cows and heifers, $2.10(i 7.45 ; calves. 50.50 fr 10.25. Hogs Receipts. 29.tH)l head. Market fslrly active to 5c higher tlian ftdnfHluv'i ave nge. Light. $7. 45 4t 7.70; misnd, $7.45& 7.75; heavy. $7.:.flcq 7.7S; rough. $7.1''o 7.4;" pigs. $t W 7. 40 : bulk of sal -s. $7. 25 it 7. 70. Sheep Receipts. 11,000. Market generally 10c higher. Native, $4.50 4i,5..V.: Western, $4.603 5. S5; yearlings. $6.25 (ii 7.60; Iambs, native. ?6.50870: Western, $6.508.70. Dried Fruit at New York. NEW YORK. Jan. 30. Evaporated apples, qn-.et. Pmnrs, quiet. Apricots, quiet, peaches. quifi. aisinj. uuii. WHEAT PRICES SUP Europe Said to Give Prefer ence to Argentine Cargoes. CHECKS CHICAGO ADVANCE Early Market Strong on Drouth ws From India ImproTed Flour Demand in Northwest. Predictions Cold 'Weather. - CHICAGO. Jan. SO. Assertions that here, after European buyers -would give prefer-eno- to Alfntlne wheat as against cargoes from the LnlleU Mater and Canada took much et tne si au today out of an attempt to advance the market there. Closing prices were barely steady at a gain of c to c net. corn showed a loss ot Vie to c: oats finished the same as last night to c off. and provisions varied from 7Vtc decline to a rise of 2Vc. Drouth reports from India, which put strength Into wheat prices during the first part of "ho day. seemed to lose effect when ih. Ai.f..ni !ne hrbear led to extensive real izing sales on the part of holders. War news, reports of improved flour demand NonY-TCst and predictions of cold weather appeared equally powerless 10 aeep f r; ti at inninr. aronHe weather and Increasing receipts pulled corn down. Uearlsh news irom geniina and the late setback In wheat count, ed also in depressing prices. - Buying oats from the southwest made oats comparatively steady. Local specu lators were the best sellers. Packers unloading weakened provisions The department of Agriculture report was not as favorable as was expected. The leading futures ranged as follows: Open. High. Low. Close. WHEAT. May ? .92 .93!4 .9:5, $ 931, July ...... .no .in .aov, .!k E-Pt .M .8954 .8VS .S CORX. Mav 51 5H4 m July .52 .8a4 .54 . Sept .7.... .53'i -3 -0J!4 .o3ft OATS. .33 May July Sept. .34 .34 V, .ill. .33 vi .34 .33 V4 May-July 34 34 03 Vi MESS PORK. 1B.::J 19.30 J9.10 19-0 ... .19.15 I9.17V4 19.WA l'J-1'Vi LARD. Jan 10.23 wav ..lo.arvi i.3 J'J-'o ju.fj July 10.27 V, 10.27 i 10.li ',4 l-2u SHORT RIBS. Tin 10.20 Mar ..10.3(1 10 SO July 10.30 10.30 t"ici nrlcen were: Corn -'o. 2. yellow. 50c; No. 10.20 10.27V4 10.174 JU.J 47U 4Sc; No. 3 white 0alie50: No. 3 yellow, 47V4(i48V2: No- 45 r4? 54 J,1?: 4 White, Rye No. 2, b3fii'64V2C. Timothy 3t 4.1i. Barley o 1 ' 71c. meet Sonnd Wheat Market. HCOJIA. Jan. 30. Wheat, bluestem, 98 99c: fortyfold. SCfeSSc; club, SOtoSSc; red Russian. 84 85c Car receipts, wheat 19, barley 3, corn 1. hay ft. SEATTLE. Jan. 30. Wheat Bluestem. 06c- 'fortyfold. 86Vjc: club, S6c: Fife, S6c; red Russian, 84c. Yesterday's car receipts, wheat S3, oats 8, barley 6, corn 5. hay 20, flour 9. . Grains io San .Tirancisco. SAN FRANCISCO. Jan. 30. Spot quota tions: Walla Walla. $l.r,D9 1.57 V, ; red Rus sian. tl.52Vsai.35: Turkey red, 1 72; bluestem. 1.70&1.72V4 : feed barley. J132V.ftI.35; brewing. 1.4o1.42H: white oats. bran. $23.506 24; mid dlings. $:ili32: shorts. 20.5026. Call board sales Wheat No trading BBrleyr)ecomber, 1.3114 per cental bid, 11.32 V4 asked; May, I1.31H bid. $1.32 asked. Earopean Grain Market. LONDON. Jan. 30. Cargoes on passage, easv: nearby positions offered fely- Kngllsh country markets, ruiet. French country markets quiet. LIVERPOOL. Jan. 30. -WjfVJ1? steady. Future easier. March, s May, 7s 2d; July. 7s 2',d. Minneapolis Grain Market. tana. S7?,c. Coffee and Sugar. NBW TORK. Jar, closed steRay, nei -- ,. 4f.0O0. February. 12.05e; March, 1,2 20 c. Ann . 12.3c; MttJ. x uv, 2 . ., 3-r.Ko; August. 12.5c; September. 12.73c, o";t"l er. 12.USc; November. 12.64c; December, 1Sffpt. quletr Rio No. T. MHc: Sanga. No. 4. 15iic. Mild, quiet; Cordova. 1-'1-Raw sugar, ste.tdy. Muscovado, 89 test osc- centrifugal, 6 test. 3.4SC; molasses, 89 test, 2.75c Refined, steady. Naval Stores. SAVANNAH. Gi, Jan. 30. Turpentine ,, " u l" 41c. Kales, 05; receipts. ST-rtipmcnta. 51; stocks, 21,500. Rln f inn. Sales. l.'Xlt e- A fill to F, $0.15: o. $.ir. to $.1-20: H. , ir to M.23; I. -23: K. $0.50; M, $6.9o: N, $7.05; WG, .17M5; WW. $7.80. Duluth Linseed Market. trf.ic and to arrive, $1.32V. ,,1.'y. Lked- January, $1.33. nominal; Ma. $1.34. Wool at St. Louis. KT LOUIS, Jan. 31. Wool Steady. Ter HtnTv and Western mediums. 212oc; line medluni. 1B 2cJ Jne.13 Hops t Kew York. NBW YORK. Jan 30. Hops-easy; state medium to choice. 1912. 80 22c. r"i n? Calcutta, India, and mar ried .1. F. 'ee r H .1. r . ?-te m MAROONED lMUP IS NOT an unuxiial experience in your neighborhood, is it? And how about Insular isolation in seas of dust in Summer. There is it OMS BASE fit for tiOOD road-making in your com munlty, and tlmt is the kind that hardens with use the kind nature Intended for twentieth and twenty first cent.urv traffic the FV-K- 2 T ffi CEMENT C O -CBETB the cheapest kind because it lasts and costs little to maintain. Too bad. and you paying such hich taxes, tool Know- WHV it is? The bottom has dropped out of your roads because your road foun dations were made of materials that didn't hold together that crawled and crushed under heavy traffic: that warped and deterior ated in the elements THE Kln THAT COST THE MOST. -Roads and Pavements" tells about dif ferent types of roads and Rives good reasons why every taxpayer should become interested in tne sud ject. PERMtBTCOSTnr"TIOX" telle how to improvise toolsandhow to manufacture and lay PORTI.AXO CKMKNT COCBETK f or DrJ'?a?ll improvements around the home and on the farm. Booklets sent free. Address: CEMENT INFORMATION BUREAU 421 Globe Block, Seattle The Association of Western Portland Cement Manufacturers 708-709-710 Rothchild Bldg. Portland, Oregon From the Day of Its Opening down to the present, time, the business of this bank has gone forward without interruption. But never before has it been so well prepared to meet and satisfy the needs of its patrons as now. Surplus and Capital $2,000,000 The United States National Bank Third and Oak First National Bank Capital $1,500,000 Surplus 900,000 Oldest National Bank West of tha Rocky Mountains LADD&TILTON BANK Established 1859. Capital Stock $W0 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. ?,b.er,t S;lIo.wa.rdr.A.tFtVCaShler Edward Cookingham. Vlce-Pres, J.V . Ladd. Asst. Casnler. W. H. Dunckley. Cashier. Walter U. Cook. Asst. Cashier. YOUI will best understand the benefit of our service after opening an account. WE know our modern equipment and courteous treatment will please. YOU can prove it through a trial. We Pay 4 Per Cent Interest on Savings Accounts Merchants National Bank Under Government Supervision Founded 1886 Washington and Fourth Streets 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 Sts. F. C. MALPAS, Manager. Bitulithic users are Bitu lithic boosters. The taxpayer appreciates a durable, satis factory p a v inp, and real izes that in Bitulithic h e gets his mon ey's worth. J.C. WILSON &CO. tTOCKS, BONDS. GRAIN AND COTTOA MEMBERS KEW TORK STOCK EICHANGB. Jt'EW YORK COTTON EICUAItCE, CHICAGO BOARD OK TKADB, TBB STOCK AND BOND EXHA&(i& SAN FRANCISCO. ' PORTLAND OFFICE: Lewis Building, 263 Oak Street Phones Marshall 4120. A 4187. TRAVELERS' GCIDE. j it a. TLu sl&sl & EXPRESS STEAMERS FOB 6an f rancisco and Loa Anscle WITHOCT CHANGE S. S. Bearer Mils 4 P. M. January 81. THE SA" FKASCISCO t PORTLAND 8. S. CO., Ticket Office 131 Third Street. Phone Main 260H. A 2339. TRAVELERS' GUIOE. HAMBURB ,v AMERICAN M Atlantic ff Service B London, Paris, B Hamburg afpn.. Lincoln Ib. 6. ! A. M.M Prc. Lincoln Feb. 6. n A. M. A merlf.M l-'cl. M. t A. M . l'lrl ia. rl. 1 .. Kalrin Auk. Vic. Feb. SO. A. M. yllanihurg uirect; 8.-cona eutln onii. MEDITERRANEAN Madeira, Cibrnltar. Algleni. Nuil and Genoa. 6. S. lfAMBI IS(i. J-vb. 23, 10 A. M. 1 1.1MMI tniiK.J S.S. CINCINAT. JWp. 11, 10 A.. M. 7,J'H tuns.) AN IDEAL CRUISE j INLAND EXCURSIONS and JSLDE TPJPS 13 PAYS IN JAPAN IK JAVS IN INDIA FROM SAN FRANCISCO AROUND THE WORLD FEBRUARY 6, 1913 Z S. S. CLEVELAND !110 DAYS $650 and UP lnrf tiding H rtfccfsary rxpfnurt Hboard and ashore, railway, hoiol, lra nteursioii!. rarriaKB. guides, Kfe,.j- alun railway fares to and from E vour home, wltli the priviIeK' otT Efi iiimimr from llambure on th S. b. fe Impei ator. D . . . jk. VM Ymll. and I'tmuma Caniil. Write for booklet Hfating cruiBes. ! Hamburg-American Line 5(1(1 Powell t.. Ban Francisco, Cal.; O -V. R. & N. Co.. Nr. Pacific, r' (1. R. R.. Builluirlon Kout, Vllwauklc A Puict Sound R. K.. k Great Northern Kallway Co., Iorey O. buittn. n f ilm m., run' lana, ortson. Copyright 181S. San Francisco, Los Angeles and San Diego Direct S. S. Roanoke and S. S. Elder. SJI Every Wedneedny Alternately mf wnpTTr PAcina s. s. co. 12Z A Third t. Phone Mt 1311, A 1314 . COOS BAY LINE STEAMER BBEAKtVATER alls from Alnsworth Dock, Portland, at A. M. lecember a, and thereafter uvery Tuesday evening at 8 P. M. irelslit re ceived dally except Tuesdays up to fi P. M. Tuesdays up to 3 P. M. Passenger fars: First-class, $10; second class, $7, Indue be berth and meals. Tirket office at A li worth Dock. Tlie Portland Coos Bay Line, L, 11. Kent Ins;. Agent. I.OS ANGELES AND SAN 1)1 El STEAMSHIPS YALE AND HARVAflO Railroad or any steamer to Ban Francisco, the Eipo City. Largest, fastest and tUe ONLY strictly first-class passenger ships on the Coast. Average speed miles per hour: cost 2.000,0K esch. SAN FKAN CISCO. PORTLAND L. A. S. 8. CO.. -llaln 2. Frank Bollam, A Kent. A 45U6. ISA Third Htreet. NEW YORK -PORTLAND REGOI.AK FKEIGHT SERVICE. Low Rate. Schedule Tim. AMERICAN-HAWAIIAN S. S. CO, SIS Hailitar Rsrbsncs Uldg. Portland. Or. tfnln S37S. 2