Morning Oregonian. (Portland, Or.) 1861-1937, February 21, 1913, Page 19, Image 19

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    TUB MORNING OREGONIAN, FRIDAY. FEBRUARY 21, 1913.
19
BAG IIET IS OFF I
Two Sharp Breaks in Prices at:
Calcutta
MEANS MUCH TO FARMERS
Probability Tliat Km of Utffh Values
Is Orcr Interests Users In North
west Ample Supply in
Sight for Coast.
CS pr box; pineapples, e7o par pound;
tangerines. $25 pr box.
VEGETABLES AracliMM, fl.au nor
dozen; cabbage, lo per pound; cauliflower.
1.75 2 per crate: celery, Iz.ootM.oO per
crmie; cucumber. ocwz per aosen; egz
plant. 10c pound; head lettuce. $2.60
per crate; peppers. 23c per pound: radishes,
Mr; per dozen; sprouts. 10c: tomatoes, $2.75
tilt pr box; garlic. rft6o per pound.
SACK VEGETABLES Turnip., BOcOtl
per sack: parsnips, SOc$l per sack; car
rota, WltSU per ack.
ONIONS Oregon, (1.10 per sack.
Dairy and Country Produce.
POULTRT Hens. 14HG13C-. broilers.
14 4irc; turkeys, live, 20c; dressed, choice.
v?iaw2c; uucks. iouiic: geese. iut2c.
EGGS Fresh locals, candled, lia.oo per
dozen; current receipts, IStflsc.
cheksk union triplets, liinn
daisies. 17t4c ner nound.
BUTTER Oregon creamery putter cuds,
3iu-c per pound: prints. BUc per pound,
PORK Fancy. 10a lOftc per pound.
veal, rzoty, MiMc per pounu.
Staple Groceries.
SALMON Columbia Hirer, one-pound
tails, $2.S5 per dozen: half-pound flats.
11.40. one-Dound flats. $2.43: Alaska pink.
one.pound talis. SOc; allversldes, one-pound
tails. St. 25.
HONEY Choice.- ?5 2533.75 per case.
NUTS Walnuts, lso per pound; Brazil
nuts. 134i5c: filberts. 146 15c: almonds.
The zrainnae inarkrt Is weakening, niurn lc: peanuts, ssftc; cocoanuts. wcijd per
. ... . . 1- 1 ....... . ..I. , .. . . I . 11. .. .,a,.,i,1 . h .kn.
f. the satisfaction of farmers In the .onu- .r. iT
-. .. -IKI I U U I. O W AW. VQl.eMi A I . uiua. IITIW arwv.
west. Two declines in in. past .... bka.NS Small white. 6.40c; large white.
would Indicate that the break is more in A& - Lima. 4te: pink. 4.70c: Mexican.
iinnnnrt one. and It would occasion 5c: bayou. 4.65c.
i. t. .h Marline turned Into a slump. I SUGAR Fruit and berry, 15.25; Honolulu
mere nave I : j . , i- ,-.n. ...k.. h.r-.i.
two week, of $1 each, which makes bags '
worth here now .S5e.0 cents, buyer July COFFSE Roasted, In drums. 2404Oe pet
rfiiw.rv The weakness ts on the otner aioe, i nound.
.ki. r h linn which encour-1 halt Granulated. (14 per ton; naif
..... Mr. to hone that the climax of ground iws. ty per .on; ws, exu-.o per
. . - . . .,. ton: dairy, xiz.ou per ton.
high prices has neen passeo. iew.. - riCENo. j. Japan. S5e;- cheaper
first break came t week. ago. I grades. 454c: Southern bead. S1U
..it. market waa the blithest ever known I DRIED FRUITS Apples, 10c per pound
b bag men. The basis oa that date ml apricots, lztsiec; peacnea, eaiic; prunes.
- , f t)nT)lBn. j, nnirt a Italians, eqsioc; silver, ihc; Ilgs, wnite ana
S cenu c L f. Portland, duty paid. A black 0l4e7.: currants. 9 ic: raisins, loose
year ago mo uicou. " i Muscatel, otiwlttc; bleached. Thompson,
$12 a bale less. In four years tax price, i n 14c: unbleaced Sultanas, 8fc; seeaea.
have climbed 6 cents, and the nnnen, mwouc; uaie.. t-eroiuu. ino per puuuu
.1 .. ,.. Ifard. tl. 65 per box.
tnererore. view wna FIGS Twelve 10-ounce. 85e: 50 8-ounce,
In the tide of values. 1.6S: 70 4-ounce, 2.50; 30 10-ounce. $2.25;
Bar statlstlrans have figured out that Moose, r.O-pour.d boxes. 6V47c: Smyrna,
there are 43.000.000 bags In signt tor ii ooxes. ti.iva i.zo; canoiea, j per dm.
cominz Coast crop. This includes the carry
over ox .V.cCe-l HAMS 10 to 12 pounds, 181419He; U
nenuary o ,1 " " to 14 pounds, 18lt4c; picnics, 12c; cot.
nenta made on the other side. Lnless there 1 ,. ...
Is a bumper crop on the Coast, this will be I BACON' Fancy. 27S28e: standard, 22
enough. Ia California the early dryness 23c: English. 10 to 12 pounds. 21c; 13 to
ba. mad. an excessive wield bnprobabie , ei
wnue.m ne pound. 9Ac
doubts whether last year's great production DRr 6Aix MEATS Regular short clears.
will be equalled. I 13ft HHc; short clear backsv 12 to IS lba,
initial baz purchases are over, but snouia hioim; snort ciear oacas, xa m o
11 " . .. 13V. fal5- einorts. 14a.
more he aeeoea Bmpracnu vmu w 1 r, - . . ...
h to rfav of! HAnnc,Li.u DEdar cxin mew dcoi,
maae trom "i - ' 1 mess beef, 113; plate beef, 120; rolled bone-
Aorll. I less beef. 130.
BARRELED FORK Best PIC POr. zz;
MORE IXQt'IBY I Iiur Mai orisKei picaiea pork, (:i:3.
Values Stiffen With Some Indications el Hops, Wool and Hides.
rreesore to Buy. HOPS 1912 crop, prime and choice,
FEAR TRANSFER TAX
Doubling of Charge Troubles
Wall Street Operators.
choice. 1454 c; com-
16
The Indulry for hops yesterday was better isc per pound; 113 contracts, nglac per
and the market was firmer than it has been pelts Dry. 12313c; lambs, 25035c; full
for a month. Up to tnis time too urwin oi- . wool. (1.2561.33.
on stocks has bsd no effect on values, but WOOL Early shorn, east of mountains.
., - inrii.lnn. r,' a stlffenlne In I ' -0c per pound.
.. . . . in HIDES Salted hides. 114 12s per pound
a:i graoe a v - salted calf. l618c: aalted kin. 12B14C
In the market ana r.ngnsa o)"i I green hides. 11c; dry hides. 2122c; dry
tt purcha.-c. The best hops cannot do nu ca( xo. 1. 23c: No. 2. 20c: salted bulla, 8c.
1,1 the country under 18 cents, and buyers CASCABA Per pound. 4tt4c; car lot.,
GRAI.V BAGS Car lots. 9.55.0.
r.-jtle the sellers are still chiefly dealers. ianseed Oil and Turpentine.
they sr-s showing no mutations 01 - LINSEED OIL Raw, barrels. 5c: boiled,
rm and buyers are more mciinca to turn barrels. 08c: raw, cases, 61c; boiled, cases.
t'ic-r attention to the country. in rrec 1 yac.
ypr-,n crop of !! rales at Aurora wa niu 1 v.. ..i c a 1. 1. unciaun, tji.ov per ton; lei
.... Tn.n a. Co. at 16'A "" c.riTOo.. nu per ton.
;r"'m") w TURPENTINE Barrels, 6H4c; cases, Mc.
rn:s. . GASOLINE Naphtha, in Iron barrels. 16c:
1 in rU ... "'if mntnl raullna In Intn Ka
MOIIAIR IS MOVINO AT FIRM PRICE3 j reis, 17c: cases, J4c: engine' distillate, in
. . ... iron oarreis. aiic; in cases, lsue.
apwr at tso.ton ..-
t icanra 1 p. jjAjf FRAClSCO PRODUCB MARKET
There continues to be a fairly good de-1
mad for domestic n-.ohalr of fair to gooa t mo My vity ror yege-
. . ,1 M 1 talilM f r., its Ei,
:.r,id st Iirm Prices. QUI supplies mv
k.,. ,i.un.rt 00. .v. the Boston Com- SAN FRANCISCO. Feb. 20. The follow
lir.-rclal Bulletin. Some Interest In foreign ,n produce prices were current here today:
. - 1. ,h.wn hnt not much nas Deen sola I v. cwanwD, tun
, 1 i,., snfn. hnnlTvu I Mexican limes, nominal; California lemons
bf.n nlaced abroad quite recently, and common. iW i- navei oranges.
receipts of these purchases should be In
hand soon.
The foreign mohair yarn spinners are
fai:-ly well employed at the moment and
havi been buying with fair freedom In
Bradford, while further purchases In Con-
.1.23; pineapples, Jl.Ov i-01).
-u.e 1011ns America, iodize.
Butter Fancy creamery. 13 Wt
Egg Store. l4c; fancy ranch. 17fcc.
Hay Wheat. ;4ii2i: wheat an .in
(21.50023; alfalfa, (12.50S15.50; barley. (IS
Wis.
Potatoes Oregon Burbanks. 75c Sr: Sa-
mlmn MnApiH PnninaratlvAlT Unas ulirbanks. Sl.i;l r.' a - 1 uxg-
little hair U left In Port Elizabeth, and eTSP;. . -cumDers. (33.25; green
price, there are flrm.y maintain. ElTeoezV.aS
Boston quotations: Best combing. JS3.c;l RecelDts Flour. 5472 Quarter ud.. h...
gKd combing. 3J3Bc: ordinary combing. 31 ley, S5,t5s centals; potatoes, 6665 sacks; hay,
t32c; carding. :&27c: foreign cape, first. 213 tons.
4tc: Turkey, fair average, ilfciSc I
wiic miu ougar.
FOR WHEAT IS BROADER NEW YORK. Feb. 20. Coffee futures
1 ooenea steadv at a decline 11 .n 11 nni.i.
Orders on Market, but Ke In- under a renewal of heavv lllnr in.ni
rrraae ia Offering. I by lower European cables and reports of a
There was a broader demand In the wheat i""""; a.ec"n n ,n co" and freight mar.
&.i.ur ma oiwKn raiuea on covering
a active aemana. The close was firm
and from six to 14 points net higher. Sales,
jo,ovu. renruary, js.uuc. nominal: March
ONE CAUSE OF WEAKNESS
Favorable Developments in Day's
- News Are Ignored AVIde Changes
Restricted to Iess Active Stocks
but Leaders Feel Pressure.
NEW YORK, Feb. 20. Wide changes of
the day in the stock market were restricted
to the less active stocks. The favorite' Is
sues moved within a narrow range, and were
dull and heavy. Among the less active stocks
declines were larger. In some cases running
up to to 8 points. Liquidation of Inactive
stocks has been a feature ox the recent de.
cllne In the general market. Discrimination
by banks against such stocks as collateral is
said to have led to forced selling.
The spirited buying movement which was
in progress when the market closed y enter
day was not followed up today, although
opening prices of a majority of the leading
issues were nigner. This advance was
quickly lost, and a heavy tone developed.
The market was subject to no severe pres
sure and few ox the prominent stocks moved
as much as a point below yesterday's close.
Union Pacific, Reading, Northern Pacific and
smelting were most susceptible to pressure.
sentiment was bearish and little beed was
given such favorable factors as the outlook
for peace In Mexico, the more cheerful feel
ing abroad and an excellent statement for
January of Baltimore & Ohio, the first of
the large railroads to make Its report. These
conditions apparently were outweighed by
the importance given to the proposal to
double the state tax on stock transfers. Such
a plan, advanced at a time when the street
was already feeling the accumulated weight
of Its woes, made sentiment decidedly bearish.
There was an easier tendency In the money
market. Another small gold engagement for
South America was arranged today. The
loss sustained from gold exports and sub
treasury operations so far this week by the
banks Is nearly (7.000,000.
Bonds moved narrowly and Irregularly.
Total sales, par value, (2,000,000. United
States bonds, unchanged on call.
CLOSING STOCK QUOTATIONS.
Resorted by J. C. Wilson & Co.. Lewis
ouiiaing, f oruana.
High
OSis
85
4H4
504.
Closing
Low. iia.
1.000
"iod
400
1,100
' 2, BOO
ino
1,300
KH1
70 H
lid" '
254 j
33 ii
i'oi'Ti
101
H1
8S
3.100 231
300
700
20O
3.000
200
15
3S
34 Si
07
35
39 '4
50 1
"9Si
lit,"
251
35 ...
ioiii
101
JiKI-X
KS?
23
717.
15
108"
27
37 V,
84
COO 132 H 132
IOO
3,100
2.7HO
1)00
5H
1,70
300
1.S00
l.OOO
1.000
10O
1.10O
1.10O.
100
HX
IOO
700
2(H
17T
21M
If.ifA
8rtVa
12H
122
17
541
lOSii
24-).
157
132 S
23
135 V.
25
37 7,
1.100 11
demand
Additional
market yesterday, and prices on all grades and an utva denlMnd.
were iirm. lauioraia Duyers snowea more
Interest than recently and Oriental buyers
were In the market. Club was quoted at 85
to S6 cents and bluestem could be sold at
5 cents. Red Russian was In demand at
811; $5 cents. There was no Increase in of
ferings.
Oats were quiet, but good milling stock
was firm.
Local receipts In cars were reported by
the Merchants Exchange as follows:
Wheat Barley Flour Oats Hay
138 t 1 1
5 11 8 3
SI 7 4
cn :
7 . !
1670
304
Monday
Tuesday
Wednesday ...
Thursday ....
Year ago
Season to date. 13S2S
Year ago 10543
.
11
11
1504
1733
12
1115
l.'OS
(
3
4
1209
1003
MOVEMENT IX APPLE MARKET COOD
Cauliflower Will Be Higher Next Week, Fol
lowing California Advance.
No arrivals of Southern vegetab:eswere re
ported yesterday, bat there was a fair sup'
ply on the street and trade was good. A
mixed car Is due Saturday. Cauliflower ad
vanced 2ff cents a dozen at San Francisco
yesterday and as the Los Angeles market Is
temporarily out of It local prices wilt be
higher at S --o a crate next week.
There was a good movement in annle. of
ail kinds, particularly the medium-priced
varieties, at the price that have ruled for
some time past. Oranges are cleaning up
well.
Eggs Are Down Another Cent.
Eggs are going Into consumption freely,
but the pressure of receipts keeps the mar
ket in a weak condition. Candled Oregons
sold yesterday at 19$ 20 cents and current
receipts moved at It 3 It cents.
Arrivals of poultry were small and the
market was firm with a good demand.
DressMl meats were in fair supply. Pork
was steady and veal was firm.
Butter and cheese conditions wore un
changed. Bank Clearing.
Bank clearings of the Northwestern cities
yesterday were aa follows:
Clearings. Balance.
Portland (1.S1S.073 J.'65.S6
Seattle z.sss.tiL
Tacoma ...... ........... 4.0. 94
Spokane CO.720
390.9
79.547
5.291
PORTLAND MARKETS.
is-csc: April. 12.20c; May, 12.20o; June,
12.38c; July, 12.4Sc; August, 12.50c; Septera-
oer. 12.0, c; ocioDcr, I2.4.c; November,
12.o9c; . December, 12.53c; January, 12.35c.
cpoi. sieauy. nio, no. 7, IL'vic; Santos. No.
4. 14j4c. Mild, quiet Cordova, 15ijl7c,
nominal.
Raw sugar, steady. Muscovado, 89 test,
2. Use; centrifugal, 96 test, 3.48c; molasses
sugar, 6a test, 2.73c; refined, steady.
Metal Markets.
NEW YORK. Feb. 20. Conner, .teller
Spot and February, 14.25c bid; March. April
ana may. I4.ia t. 10c; electrolytic, 15.00c;
lake. 15.25c; casting, 14.75a.
Tin, weak. Spot. 4S.37M948.62He; Feb
ruary, 4S.25 48.62 He; March, 47.65 48.00c
April, 47.254j47.75c.
Lead, steady, 4.25 4.35c.
Spelter, easy, 6. 25 ft 0.35c
Antimony, quiet. Caokson's, 9.3069.40c.
Iron, unchanged, steady.
Copper exports this month, 22,903 tons.
London copper, dull. Spot. 64 5s; futures,
64 Cs. Local exchange sales tin, 123 tons.
London tin, weak. Spot, 218; futures, 214.
London lead, 16 12s 6d. London spelter,
25. Iron, Cleveland warrants, 61s 9d In
London.
New York Cotton Market.
NEW YORK. Feb. SO rnllnn Ht
closed quiet. Mid-uplands, 12.50; do gulf.
o; no sales.
Futures dosed steady, 1 to 4 noints higher.'
February, 12.18c; March, 12.11c; April,
11.99c; May. 11.95c; June. 11.84c; July,
ll.SCc; August. 11.75c: September. 11.50c:
October and December, 11.46c; January.
11.4C.
NEW ORLEANS, Feb. 20. Cotton Soot.
stexdy. 1-luc off. Middling. 12Hc; sales.
iv-aj oaies.
Grain. Floor, Feed, Etc
WHEAT Track prices: Club. S3 Sac;
b.uf.tem. 95c; 40-rola. I.c; red Russian. .4
jc. valley. tt.'c-
BARLEY Feed. (23.50 per ton; brew
ing, nominal; rolled. (25.50tj26.6O per ton.
CORN Whole. (27; cracked. (28 per ton.
FLOUR Patents. (4.70 per barrel;
straights. 14.10: exports. (3.839 3.95; val
ley. (4.70; graham. (4.60; whole wheat.
(4.80.
MILL8TUFFS Bran. (212L50 per ton:
liorts. (24 iV 2.30 per toa; middlings, (30
per ton.
HAT Timothy, choice. (16 IT; mixed.
Eastern Oregon . timothy. $12 13; oat and
vetch. (12; alfalfa. (11.50; clover. 10;
straw. (6T.
OATS No. 1 white, (26 80 Q 27.50 per ton.
Vegetables and Fruits. .
POTATOES Jobbing prices: Burbanks,
5e per hundred; sweet potatoes, 3fco per
pound.
FRESH FRUITS Apples. BOc(l73 per
box: grape.. Malagas. (3 per barrel.
TROPICAL FRUITS Oranres. Navels,
fLTJ AS. 25 slnrli!. S4 20: Jananeae. (1.50 a
(1.73 per bundle: California grapefruit, 12.7 been promised to himself and wife by
,3.23: Florida grapefruit, (5; lemons, (7 60 1 Bates btsftt tie died.
Naval -Stores.
SAVANNAH. Feb. 20. Turpentine, firm.
4jc; sales. 78; receipts, 203; shipments, 20
stock, 19,000.
Rosin, firm: sales. 817: receipt. 724:
snipments, eJi; stocKS, 11. wo. Quote: A, is,
J 8.27 V.: C D. (6.30; F. (6.35: F. (6.40: G.
(6.43; H, (6.55; I. $6.70; K. (0.00: M. (7.00:
i. tt.va; nu, ei.iv; ww. xi.iooT.dv.
rhlrago Dairy Produce.
CHICAGO. Feb. 30. Sntlar
Creameries. 2S '' X" H c.
i-KKS firm, receipts 6877; at mark, cases
iiciuueu. .iuisc; remgerator iirsts. Ha
14c; firsts. 19c
Calumet Her la Dividend.
B0870S. Feb. 20. A miirKrlr Jt-utA-A
of (10 a share was declared by the Calu-
Wei t nci-i aiming company tooay.
Wool at St. Louts.
ST. LOUIS, Feb. 20. Wool Steady. Ter
ritory and Western mediums, 214,23c- One
mediums, 18C20C; fine. 13jl7c
Drird Fruit at New York.
NEW YORK. Feb. 20. Evaporated apples,
quiet. Prime. SSStsC Prunes, steady.
Peaches, quiet. ,
Duluth Linseed Market.
DULUTH. Feb. 20. Close Unseed
(1.B3H to (1.34 i4; May. (1.S5: July. (1.37
nominaL
Hops at New York.
NEW TORK. Feb. 20. Hops quiet.
Vanconver Suit Is Flletl.
VAXCOTJVER, Wash... Feb. 20. (Spe
cial.) Georza Anderson is suing- A. C.
Fl field, administrator of the estate of
Charles Bates, to compel him to give
him a deed to property said to have
Sales.
Amal Copper . . 14.300
Am Beet bugar. 300
American Can.. 8,200
do preferred. . 1.200
Am Cotton Oil
Am Smel ft Kef
do preferred. .
American Sugar
do preferred. .
Am Tel & Tel..
A in Tobacco . .
Anaconda
Atl Coast Line.
A T 6c Santa Fe
do preferred..
Bait & Ohio ...
Brook R Tran..
Canadian Pac ..
C & O
C & G W
C A N W
M & St Paul..
Central Leather
Central of X J.
Chlno
Col Fuel & Iron
Col Southern . .
onsol Gas . . .
D L & W
D & R O
Distillers' Secur.
Erie
Gen Electric . ..
t North Ore . .
t North pf . . .
Unnls Central.
Intorbor Met . ..
do preferred. .
Inter Harvester
C Southern. .
Lehigh Valley..
Louis & Nash..
exlcan Central
M. S P & S S M
Kan & Tex.
Pacific
ational- Lead.
at Biscuit ....
do preferred..
Y Central . . .
Y. Ont at Wes
Norfolk & West
orth American
brthern Pac ..
Pacific Mail
Paciac T T. .
do preferred. .
Pennsylvania ...
People's Gas . .
Reading
Re public S & I. .
Kock Island Co.
Southern Pac . .
Southern Ry ...
Texas Oil
Union Pacific .
do preferred.
United Rds S F
U S Steel
do preferred..
Utah Copper . ..
Wabash
Western Union..
Westing Elec.
Wisconsin Cent.
Total sales for the day.
BONDS.
Reported by Overbeck 4V Cooke Co., Board
of Trade building, Portland,
Bid. Asked.
Amer Tel & Tel conv 4s liw". 107
American Tobacco 4s 97
American Tobacco 6s. ....... ..120
Atuhlson general 4s 904
Atchison conv 4s 101
Atclilson adj 4s stamped 674
Atchison conv Cs ;.101
Atlantic Coast Line cons '4s.... 94 74
At Coast Line "L"& N coll" 4s. 9074
Baltimore A Ohio 374s . 9074
Baltimore & Ohio 4s 97
Brooklyn Rapid Transit 4s SS
Can Southern first 53 100
Chesapeake & Ohio 474s
lu e y gen mtg 48
C B & i joint 4s
C B A Q Ills 4s
Central Paciflo first 4s
Chicago & East Ills 4s
Chicago R I & p ref 4s ...
Chicago K I P Col trust 4s
Delaware & Hudson conv 4s..
Erie first cons P L 4s
Int Met 4743
Japanese 4s
Japanese first 4 74s
Japanese second 474s
Louisville & Nashville unl 4s.
M0 Kan & Tex 4 7ls
Missouri Pacific 4s
New York Central 374s ,
New York Central L 3 STis..
ew lorn central 4.
New York City 4m of 1957 104
Norfolk & Western 4s
Norfolk & Western conv 4s.... 106
N Y Ont W 4s
Northern Pacific P L 4s 1)7
Northern pacific 3s..
Oregon Ry A Nav 4s
Penna Ky 4s of 1948
Philippine Railways 4s......
Reading general 4s
Republio of Cuba 5s..
Southern Pacific first ref 4s
Southern Facliio col 4s.....
Southern Railway 4s
St L A S F ref 4s
Union Pacific first 4s
Union Pacific conv 4s.......
Union paciflo ref 4s
United States Steel S F 5s..
United States 2s registered..
United. States 2s coupon.....
United States 3s Tegistered . .
United States 3s coupon
United States 4s registered..
United States 4s coupon.....
United Railway S F 4a
United Railway 8t L 4s
Wabaah first 4s
We.ttnghouse conv 5s
Western Pacific 3s
500
200
9tl0
2'K
3,2110
10O
100
' 2.500
20
31. 50O
100
2.:to
4.700
200
soo
11.200
2C0
4K
S.300
2,300
1.200
200
4O0
2. 700
07-4
3a
39
5 7t
4U
68T4
115
113
1.1274
35 74
125
10174
mi
100
8814
230 14
7.:'
1474
133 74
1118
27
348
3774
K4
27 74
395
074
1014
2814
135
IZt
12274
IK 74
08 74
107 74
Z44
15574
1.1114
2314
134
2574
37 '4
4H
11274
111
103
30 74
1117
79
11574
25 74
!3
J1R74
1 in
15774
244
22 ,
100 74
2074
114
156
8774
24 4
4il
ll8
5074
3
T
41074
4U
19.700 shares.
for 60-day bills and at (4.87.40 for de
mand.
Commercial brtlz, (4.8274.
Bar silver. 6114 c.
Mexican dollars. 487c
Government bonds steady; railroad bond
Irregular.
LONDON. Feb. 20. Bar silver easy at
2S1d per, ounce.
Money. 4Ufi'47i percent.
Rate of discount - In the open market for
abort bills. 3 per cent; three montnr bills.
4 jo-jo psr cent.
BAN FRANCISCO, Feb. 20. Sterling on
Lonaon, tw clays. (4.834; 00 aignt, st.eos
en ver bars, nmc
Mexican dollars, nominal.
Drafts, sight 274c telegraph 6c.
Condition of the Treasury.
WASHINGTON, Feb. 20. The condition of
the United States Treasury at the begin
nine- of business today was:
Working balance ( 70,389,083
In banks and Philippine treasury 44.238,719
Total of general fund 147,091,099
Receipts yesterday 2,780.1S(
Disbursements 1.S9S.105
The surplus this fiscal year Is 48,210.139,
as against a deficit of (24.103.280 last year.
The figures for receipts; disbursements, etc.
exclude Panama Canal and public debt
transactions.
HOG MARKET GAINS Oil
TOP STOCK AGAIX BRXXGS $8.2 0
AT YARDS.
Price" Steady in Other Idnes.
Heavy Receipts of Contract Sheep
AVelhera Go at 6.25.
105 74
3014
107 74
79
110
274
37 74
118 74
HO
159
25 H
22 14
101 '
2074
11
157
87
21
62 H
10S74
61
3
SH
7074
20 'i .
17
28 J
13S74
30
120
122
1'4
38
107
2414
13344
131 74
23 74
13-74
514
3774
ii3-'
io.i"
3074
10774
78-74
115 .
20 74
37 74
iisi
100 74
15714
2514
22
10074
26 74
114
165 74
87
24 74
61 H
10714
5074
3
674
60
.10074
94 14
V5
' 9474'
80 74
87
1)7
83
7
81
8674
87 74
97
83 74
69 74
83
77
90
.. 67
.. 93
..101
0614"
..101
. . 9214
" 77"
.. 75
. . SM
..93
'.'.I06' '
. .100T4
. .MO -4
. -102V4
. .J02 7s
..1137.
..113 74
.. 627k
9774
14
102
87
102
9414
90 54
90 H
97 74
SS74
10074
10014
95
. 95 74
9714
77
8774
88 3
97 74
S3 74
80
82
ss"
9714
70 14
8514
77 74
9074
10474
97 T,
107
9274
97 74
6774
94
102
8'1
The hog market worked up again y ester
day' to its former level of (3.20, a gain of
a dime over Wednesday's price. Aside from
the arrivals of contract sheep, the day's
run was not heavy.
Only a few loads of cattle were disposed
of. Good steers sold at (7.60 and 17.65, the
beat cows brought (0.75 to $7 and heifers
sold at 06.70.
A single load of hogs touched the high
mark noted, the bulk of sales being at
(8.10 and (3.15.
The only transactions reported in the
sheep division was the sale of a load of
wethers at (6.Z5.
Receipts were 233 cattle, 3 calves, 718
hogs, 2289 sheep and 32 horses.
snippers were: Davis Brothers, North
Powder. 1 car of hogs; Willis A Peterson,
North Powder. 3 car of cattle and hogs; W.
Hill, North Powder, 1 car of hogs; Me-
Cully & Rumble, Joseph, S cars of sheep:
E. Boyce. Baker, 8 cars of sheep; Cherry
& Cherry, Welser, 1 car of horses; A. H.
Hughes, Eaton, Idaho. 2 cars or cattle ana
sheep; John Hill, Payette, 1 car of cattle
and calves: Duke Jewell, Parma, 1 car of
hogs; J. W. Chandler, Dayton, Wash., 1
car of cattle, and hogs; C. A. Hale, Walts
burg, Wash., 2 cars of sheep; J. E. Rey
nolds, Arlington, 4 cars of cattle; C. T.
Belshee. Moro, 2 cars of hogs; A. F. McFee,
Moro. 1 car of hogs; J. E. Campbell, Mad
ras, 1 car of hogs; J. L. Campbell. Madras,
car of hogs; J. E. Lewis, Cunningham,
Wash., 1 car of horses, and W. P. Custer,
Shoshone, 2 cars of cattle.
The day's cales were as follows:
Weight Price.
26 steers
1 steer .
8 steers
S cows
5 cows .
1 cow .
4 cows
..1131
.. 960
..1O05
..1025
..1078
.1420
.1047
19 heifers 1016
1 heifer .
11 cows .
1 calf ...
2 calves .
1 bull ...
1 bull
1 bull
6 bulls ..
1 bull ...
130 wethers
28 hogs . . ,
2 hogs ...
51 hogs ...
1 hog ....
15 hogs ...
55 hogs ...
89 hogs ..,
35 hogs) ...
8 hogs ...
1 hog ....
91 hogs ...
102 hogs
4 hogs ...
2 hogs ...
2 hogs
1 hogs ...
2 hoes ...
79 hogs
830
... 966
... 220
... 270
...101O
...1200
...1630
. . .1440
...1270
. .. 125
.'...126
... 215
... 127
. . 390
... 202
... 210
... 200
, .. 173
... 42(1
340
... 161
... 16T
.. 8S5
... 490
.. 285
.. 490
.. 820
210
(7.60
7.25
7.65
6.60
6.75
7.00
6.50
6.70
6.70
5.35
9.00
8.50
5.00
5.50
6.00
6.23
5.25
6.25
8.00
8.04
8.00
7:15
8.15
8.13
8.20
6.03
7.00
6.00
8.10
8.10
7:15
7.00
7:15
7.00
7.15
8.15
EXP0BTSL60 UK GULF
Foreigners Are Buying Wheat
in Middle West.
ROUTING VIA NEW ORLEANS
European Trade Gives Wheat Vp'
turn at (Chicago After Weak Open
ins; Owing to Moisture
Over Extended Area.
The range of prices at the yards wss as
follows
Choice steers , S7.50$3.00
Good steers 7.00 w 7.30
Medium steers ................. 6.50i8 7.00
Choice cows 6. 500 7.04
Good cows 6.00 6.50
Medium cows 9.50 6.00
Choice calves 8.00 It 9.00
Good heavy calves 6.50(9 7.50
Bulls 6.50 6.00
Hogs
Light 7.75 8.20
Heavy 4.75 !a l.Zi
Sheep
Yearling wethers i.... 5.05 6.25
Ewes 4.0049 S.-JS
Lambs 6.0V 0 J.2J
59
9.1
S6
10174
9374
90
7774
73H
80 74
9.174
03 74
10O14
10174
10114
103 74
103 74
11474
11474
4
73 74
60
9.H4
8674
Omaha Livestock Markets.
SOUTH OMAHA. Neb.. Feb. 20. Cattl
Receipts, 350; market, steady. Native steers,
(8.750)8-40: cows and hellers. (o37.20
Western steers, $5.50a8.00; Texas steers.
(5.006.50: cows anu neiiers, s4.oucao.4o
calves, loan.
Hons RecelDts. 14.300: market. lower.
Heavy, (7.85 (ff 8.00; light, t3.OODVS.15; pigs,
(6.50I&7.70: bulk of sales, $7.U5v8.05.
Sheep Receipts, 5000; market, strong.
Yearlings, (7.357.85; -wethers. (5.75W8.o0
ewes. (5.50i36.;o: itunDs, 3 iff a. 10.
Chicago Livestock Markets.
CHICAGO, Feb. 20. Cattle Receipts.
4500: market, steady. Beeves, (6.659.00
Texas steers. (5.206.00; Western steers,
(5.50(37.65: stockers and ieeaers, t(ji.
cows and heifers. (3.15:27.40; calves, (7
IO.&O.
nnn . Receiots. 34.000: market, slow.
Llzht. (8.10198.35: mixed. (S.05'8'8.35: heavy,
(7.858.3274; rough, (7.S.WS.Uo; pigs, 6.2a
8.15; bulk of sales, 3.;aff ju.
Sheen Receipts, 14,000; market, steady.
Native. S586.60; Western, (5.256.00: year.
lings, (6.657.S5; lambs, native. (7. 25 S 8.85;
Western. 7.25WS.su.
CHICAGO, Feb. 20. Revival of export de
mand in the West for shipment by way of
the gult gave the wheat market an upward
slant todayr The close was nervous at
shade to - He o-er last night. Corn
made a net gain of 74 74c and oats 1-16 to
74 74 c. In provisions the outcome varied
from 59774c decline to a rise of 274c,
Owing to rain or snow extending from
Oklahoma to South Dakota, wheat at first
took a turn down. -The market was bearishly
affected also by -predictions - that world
shipments for the week would be large.
News that foreigners were buylna wheat
In Omaha to be routed via New Orleans ef
fected a complete change in pit sentiment.
The result was to add quickly lie to prices
here. Primary receipts were 752,000 bushels
against a holiday last year. Clearances of
wheat and flour equalled 417.000 bushels.
Corn found friends when wheat began to
ascend.
Oats were firmer on account of belief that
the weather was unfavorable for marketing,
though less so than for corn.
Provisions responded later In the session
to the strength shown by grain. -
The leading futures ranged as follows:
WHEAT.
Onen. High. Low. Close.
July 9114 .9114 .9m . .9114
Sept .. . .9074 .9074 .8974 -9074
CORN.
May 514 .5214 .5174 .524
July' .63 .6314 .53 .6374
Sept .. .54 .5474 .54 .5414
OATS.
May ...... .3374 .8474 .8374 .34
July 34 .3474 ' .3-1 .8474
Sept ....... .34 .3474 -34 .34
MESS PORK.
May 19.70 19.S0 19.6774 19.7774
July 19.5774 19.65 . 19.5774 19.63
LARD.
May .......10.5774 10.60 10.55 10.80
uiy lo.eo iv.ozt 10.5754 10.614
Sept 10.65 10.72 74 10.65 10.73
SHORT RIBS.' "
May 10.45 10.4774 10.4274 10.4774
July 10.4274 10.00 10.4254 . 10.5U .
Sept 10.4774 10.55 10.47 74 .. 10.53
Cash prices:
Corn. No. 2 yellow, 4974c: No. 3, 474S74c;
white, 48949c; do yellow, 47 fi 4814 c; No.
44T4&47740; do white. 45744774c: do
yellow, 44 14 47 74 c.
Kye, no. 2. ezc.
Barley, 47?71c
Timothy. (3.70.
Clover seed, (12.00 19.50.
Futures ranged as follows:
Grains In Saa Francisco.
SAN FRANCISCO, Feb. 20.--Spot quota
tions; Walla Walla, (1.551.57 74 ; red Rus
sian, $1.524 1.55; Turkey red, $1.74
1.70; bluestem, (i.67T41.70; feed barley,
(1.3274 1-85; brewing, (1.8774l-40; white
oats. (1.46 74 f 1.47 74: bran, 23'23.50; mid
dlings, S3031: shorts, (2525.30.
Call board sales:
Wheat, steady, no trading.
Barley, firm. December, (1.S1 per cental;
May, (1.31 per cental.
Minneapolis Wheat Market.
MINNEAPOLIS. Feb. 20. Close: Wheat,
May, 8874c; July, 09074c; September,
90c.
Cash, No. 1 hard. 8814 c; No. 1 Northern,
8774S874o; No. 2 .Northern, 8674 86 74c;
No. 2 hard Montana, 8874 c; No. 8 wheat,
8348474C
Bran, (17.50 18.
Flax. (1.8374 1.3374.
Barley, 42 56c
Pusrrt Sound Wheat Markets.
TACOMA. Feb. 20. Wheat Bluestem.
96c; fortyfold, 86c; club, 86c; red Russian.
82c.
Car receipts Wheat, eight; corn, two;
hay, three.
SEATTLE. Feb. 20. Wheat Bluestem
95c; fortyfold, 8574c; club, 85c; fife, 85c;
red Russian. Bit
Yesterday's car receipts 'Wheat, 11; corn,
two; nay, tour.
European Grain Markets.
LONDON, Feb. 20. Cargoes on passage
quiet; little bidding.
English country markets quiet; French
country markets quiet.
LIVERPOOL, Feb. 20. Closing: Wheat,
spot, quiet. Futures easier. March, 7s 674d;
May, 7s 314d: July, 7a 374d.
You'll Enjoy That Trip a
Great Deal More
if the question of finances is settled before
you start. You guard against robbery, pre
vent unpleasant delays and avoid the incon
venience of carrying large sums of cash, when
you procure In advance of your departure
our Travelers' Checks,
United States National Bank
Capital and Surplus
$2,000,000 Third and Oak
OFFICERS
G. K. "WentAvorth, President
John A. Keating, Vice-President
E. G. Crawford, Vice-President
F. A. Freeman, Cashier
Graham Dukehart, Assistant Cashier
A. L. Tucker, Assistant Cashier
F. 0. Cooke, Assistant Cashier
i lumbermens
National bank
Cor. Fifth and Stark
RESOURCES. $6,000,000;
First National Bank
Capital $1,500,000
Surplus 900,000
Oldest National Bank West of the
Rocky Mountains
Stocks at Boston.
BOSTON. Feb. 20. Closing quotations:
6744!Nevada Con ....
20 jNlplsslnjr Mines.
i'H.North Butte.....
North Lake
: Old Dominion...
Osceola
47 74
16
874
ia
88
6S74
10.
2514
3
2A
SS74
48
9
AUouez
Amalg Copper
A Z L Sin.
Arizona Com
B & C C & B M. 514
Cal Arizona,. 60 74
ral & Hecia....440
Centennial ..... 14 A Quincv
Cop Ran Con Co 4374 Shannon
B Butte Con M. HTklSunerior
Franklin 41 !sup & Bos Min.
Glroux Con .... 274iTamarack
Qranby Con ... SSMi U S S R & M..
Greene Cananea. 714: do preferred..
1 Royalle Cop) 24 74 'Utah Con
Kerr Lake. 374jutah Copper Co. 6011
Lake Copper.... 18 14! Winona 2 7s
I Salle Copper 3 Wolverine j .
Miami Conner... 22 74
Msnry, Exchange, Etc
NEW YORK. Feb. 20. Money on call.
steady. 89314 per cent; ruling rate. 374
per cent; eioslng bid, 314 per cent; offered,
8 74 per cent.
lime loans easier: 470 and DO dava. 474. a
414 per cent; six months. 414 per cent.
i-rime mercantile papec o per cent.
Sterling exchange steady at decline wlr!i
actual business in bankers' bills at 14.83.25
CONFERENCES TO BE HELD
Y. 31. C. A. Plans for Sunday School
Workers to 3Ieet.
Through the efforts of the religious
work department of the Young Men's
Christian Association, arrangements
are being made to hold a series of con
ferences of Sunday school workers cf
Portland. A similar series of meetings
were held last year and were so sue
cessful that the Y. M. C. A. has form
ulated the present plan for submission
to the Sunday school workers.
The first meeting will be held In the
trophy-room jt the Y. M. C. A., next
Monday night at 6:30 o'clock, and will
be attended only by Sunday school su
perintendents and their representatives.
At this time the plan will be presented
and a decision reached. Nine confer
ences are proposed, extending to the
end of April. They will be attended
by superintendents, teachers and all
others Interested In the work.
O. J. Bowman, who has charge of
young people s work of the First Pres
byterian Church, will be the leader.
Last year more than 50 Sunday schools
and young people's societies were rep
resented. R. E. Perkins, religious
worlc director of the association,' is
anxious for all Sunday school super
intendents to be present at the meet
ing Monday night.
Grocer Loses on Worthless Check.
ROSEBTJRG, Or., Feb. 20. (Special.)
Representing himself to be a South
ern Pacific construction foreman, a
stranger giving his name as Thomas
Griffin and his residence as Stanwood,
Wash., Tuesday obtained $25 of E. C
Benson, a Roseburg grocer, through
means of a worthless check. Griffin
.ordered a bill of groceries amounting
to about $20, and In payment therefor
tendered a check In the sum of $45.
drawn on the Bank of Stanwood. Wash.,
and purporting to have been signed by
E. C. Nicklason. A telegram received
from the Bank of Stanwood, Wash., was
to the effect that Nicklason died some
time ago and that his account was later
closed.
CHEAPER LOANS DESIRED
IATO UJRETTE BILL PAVES WAY
FOR REMEDIAL- MEASURES.
Reformers Plan to Do Business on
Basis of 2 Per Cent a Month to
Compete With "Sharks."
Passage of the Latourette anti-loan-shark
bill by the House of Representa
tives, within the period when it might
obtain consideration by the Senate, Is
hailed with approval by the Portland
contingent Interested In bringing
about remedial measures In the field of
salary and chattel loans, because the
bill, if passed, removes the most seri
ous stumbling block in the way of
a remedial loan company which is to
be organized here.
While experience throughout the
country, as gathered and tabulated by
the Russell Sage Foundation, shows
that these companies cannot operate
safely on an Interest basis of less than
2 per cent a month, the reformers have
been confronted by a statute which
renders all loans liable to escheat to
the school fund when they carry Inter
est above the legal rate. The Latour
ette bill, sanctioning 3 per cent a month'
for short loans, or 12 per cent a year
for one-year loans, removes this diffi
culty, while not giving advantage to
the sharks.
Pleas made for the sharks on the
floor of the House, that their business
is hazardous and cannot be carried on
at 3 per cent a month,- are denounced
as false and frivolous by Investigators
here. Experience drawn from scores
of cases is used to show that the
money-lender does not move without
full assurance that he will get his
money back with a handsome profit.
security being exacted far In excess of
the loan, and the borrower being forced
to sign away, his legal rights and to
agree to the payment of the money
lender s attorney in case it Is necessary
to proceed against the claim In court.
Organization of the remedial com
pany is proceeding satisfactorily, the
efforts at present being directed to the
making up of a list of Incorporators
who will supply the Initial capital of
the ' project. Encouraging promises
have met the organizers and steps
Howard legal incorporation will be
taken in the near future.
L. ADD & 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.
OFFICRRS.
W. M. Ladd, President. Robert S. Howard, Asst. Cashier;
Edward Cooklngham, Vlce-Pre J. W. Ladd. Asst. Cashier.
W. H. Dunckley. Cashier. Walter M. Cook. Asst. Cashier.
Railroad from this city to Crescent
City on the Coast is making the best
of weather conditions which are most
favorable, and is pushing the work as
fast as men and teams are aDie. 101
right of way has been cleared within
few miles of the Applegate River, and
it Is expected by the end of the week
the whole distance between Grants
Pass and Applegate Valley will have
been covered. At the rate the work is
progressing It will not bo long before
the Tails and steel can be laid.
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 Sta.
F. C. M ALP AS, Manager.
Springfield Pastor Resigns.
SPRINGFIELD, Or., Feb. 20. (Spe
cial.) Rev. C. H. Lawrence, pastor of
the Methodist. Church In this city, has
resigned and has left with his family
for a point near Los Angeles, Cal.,
where he has a pastorate. He is suc
ceeded by Rev. Mr. Koster, of Sheridan,
who has arrived to take up the work.
Pacific Interior Road Goes Ahead.
GRANTS PASS, Or., Feb. 20. (Spe
cjal.) The superintendent of the con
struction work on, the Pacific Interior
Tax-payers who
boosted for
bitulithic in front
of their property
when it was laid
years ago are
having the bene
fit of being free
from street re
pair bills today.
J. C. W ILSON& CO.
STOCKS, BO.VDH, CHAIN AM CUTlU.t
MBMBEM
KEW TORK. SlOtK UXCHANOB.
BW YORK COTTON KXCHAftOK,
CHICAGO BOARD OK TUAUB.
TBI! i'l'OCK AND BOND L1M1.1GI,
SAW FRANCISCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street
Phones Marshall 4120. A 41S7.
TRAVELERS' 4SCIITE.
COOS BAY
and EUREKA
Steamer Alliance Sails Monday, Febru
ary at tt, f. 9i.
WORTH PACIFIC STEAMSHIP CO.,
122-A Third St., near Washington.
TRAVELERS' GCIDR.
fi
LONDON PARIS HAMBURG
PRES. ORAN'T Feb. JIT, 111 noon.
t i tic i utti.-i marun
tPEXXSVLVAMA March
AMENTCA March 13.
tHamburs; direct. 2d cabin ealyx
jfl, JS UWU.i.
S9 A. M.
, 11 A. M.
13, 11 JL. M.
MEDITERRANEAN
Madeira, Oibraltar. Alders. Manlea, Genoa.
S.S. CINCINNATI 17.000 tons), Mar.ll, 10A.M.
as. H.AMHURO (11,000 tons). April 0,0A.M.
S.S. HOLTKE (12,500 toes), Apr.l9.8:SOA.M.
S.S. HAMBURU May 20. 8 AM.
LHulta call at Algiers and Madeira.
"OITICC'CTO THIS LAI OF
V. - J.h?fa7 TUT, MIDNIGHT SFN
Scotland, Orkney and Faroe Islands, Ice
land, Spitsbergen, North Capo, Norsray.
From Hamhurs; durtnc June, July and Ata
ZTiKt by H. 8. VICTORIA I,t ISK. S. b. Bld-
MAKCK and S. S. METEOR.
BOOK NOW.
HAMBURG-AMERICAN LINE
100 Powell St.. 6an Francisco. Cat: O.-W.
H. s, X. -o.. Nor. Pacific. D. a. R. a. R. R..
Burlington Route. Milwaukee A Puzet Sound
R. R.. Great Northern Hallway Co.. Doraey
B. Smith, 69 Fifth St. Portland. Oregon.
EXrRESS STEAMERS FOB
Saa Francisco and Los Angeles
WITHOUT CHANU1S
S. 8. ROSE CITV sails 4 P. M. Fob. S5.
8. S. KANSAS CITV sails P. M. March S.
TICS SAN FRANCISCO A PORTLAND S. H.
CO, Ticket Office Sd and Washington (with
O.-W. R. H N. Co.)
Phone Marshall 4600, A 6181.
San Francisco, Los Angeles
and San Diego Direct
S. S. Boanoke and S. S. Elder.
Sail Every Wednesday Alternately at
9 P. M.
NORTH" PACIFIC S. S. CO.
122 A Third St. Phones Main 1314. A 131
COOS BAY LINE
STEAMER BREAKWATER
sails from Alnsworth Dock, Portland, at s
A. M. December 3, and thereafter overs
Tuesdav evening: at 8 P. M. Fruleht re
ceived dally except Tuesdays up to 0 P. M.
Tuesdays up to U P. M. Passenger farssf
Flrst-oiasa, 410; second class, $7, Induct ng
berth and meals. Ticket offlco - at A It
worth Dock. The Port laud ft Coos liar 63.
Line. L. 11. Keating. Agent.
LOS ANGELES AND SAN DIECO
STEAMSHIPS YALE AND HARVARD
Railroad or any steamer to San Francisco.
be Kxpoi city. Largest, rosiest and tne
ONLY strictly tlrst-class passenger ships oa
the Coast. Average speed 28 miles ptr
hour; com $2,000,000 each.
SAN FRANCISCO, PORTLAND L. A.
S. S. CO..
Main 96. Frank Bollam, Agent. A 43U.
13 Third Street.
SYDNE
SHORT LINE San Francisco to
Australia, 19 dsyt, vis Honolulu
and Samoa, the attractive sad
plraaant route, winter or summer. Slndid 10,000 ton
steamers (claned by British Llojds 100 A 1).
i is Honolulu firtt-ciau round trip syonty Hap.
Round the WarlS via Hw&ii Kamnn Aiinlr&lis.
Ceylon, Egypt, Italy, ett, MOO lit; JMO 2nd Stop-overs.
Visiting five contiBCDls and great cilie of the world.
Honolulu Fob. 20. Mar. 11. -5, etc. Sydney
via Honolulu every US days, March 11, April
S. etc. Send for folder.
Oceania S. 3. Co.. 6V4 Market St.. San Fran.
NEW YORK -PORTLAND
REGULAR FREIGHT SERVICK.
Low Rates. Schedule Tims,
AMERICAN-HAWAIIAN S. S. CO,
XI3 Railway Kncbanc Old.
Portland. Or,
Uala S3 78. A IM