19
THE MORNINQ OREGOyiATT. WEDNESDAY, JANUARY 21, 1014. .
FARMFRS HRI n RflRKlsgg-r. mm IQ qmai iltsslii
tssssisiaaassW I I W Km UIIW1I " ............ -"- a sis I I III H I I 111 I
Not
Interested in Presen
Wheat Prices.
DIFFERENCE AS TO VALUES
JJculc-rs look ror.Vreer Selling Be'
fore March 1 Japanese Bujiiis
Needed Supplies Cheaper
J a Australia.
There seems to Be a difference of opinion
aniung grain buyer as to the value of
wheat on thla market. Some are claiming
PT cents aa the current quotation on club
and others consider 86 cents as full value
and ara limiting- their bids ts this Brare.
All this, however. Is without reckoning the
farmer, w'ho Is aa Indifferent to one price as
to the other, and has aimply withdrawn
from the market aa a Belling factor.
How long the growers will maintain this
ttltufie will be determined by later devel
Vproenta, It la believed by soma of the
ealers that with the added storage charge
a February 1 and again on March 1 and
then tax time, the farmers will not be so
"dT to hang on as they have been to
Bate. Any considerable unloading would
of course, result In lower prices being of
lerea by buyers. It Is not certain, how
ever, that there will be such a general
selling movement. xna larmers who ar
tm carrying wheat appear to be In good
financial circumstances and if the market
hould take an upward tilt the country
Banks might encourage them to hold longer.
A general weakening of the whole sltua
tion, on tho other hand, would have a dlf
Xerent effect.
As to the current demand, it Is limited
chiefly to California and the wants of
lew millers here and there. Bluestem is
the principal grade needed In the south.
European Dusiness la out of the question, as
the export basis of club Is not above 84
cents track. There Is also no chance now
cf selling wheat to Japan, although that
country's needs are undoubtedly great. Aus
trallan sellers are underbidding the raclnc
Coast and will continue to get the Orlen
tal orders unless the steamship lines cut
the rates sharply out of here.
In hla International review of the wheat
ituation Broomhal! says:
"During- the past week the market has
rallied, owing to a rovlval of the foreign
demand, particularly from the United King
dem, and this, together -with continued small
Argentine offers and the lighter shipments
from that center, hate served to advance
export bids. Further support was the re
duction in the Australian exportable sur
Plus, with a noticeable lack of pressure
from that country. The purchase of for
, eign wheat by Continental countries shows
some improvement, especially by France and
the Mediterranean countries, but the de
mand from Germany is poor. Tho prospect
for India is generally poor, but some au
thorities venture the claim that this coun
try will have possibly 16.000,000 bushels for
export. General prospective supplies are lib
eral; the decrease In Russia this week was
attributed to the holidays thero (Christmas).
It Is expected that the Danublan quantities
will continue liberal, but the closing of navi
gation may check these. In the near fu
ture It Is expected that Argentine supplies
will bo large and Australian Increase, and
also that there will bo no great reduction
In the shipments from the big exporters of
the Northern Hemisphere. Thus I expect
continued liberal supplies, but there Is no
Indication that growers are satisfied with
present prices and willing to sell at this
level."
Local receipts, in cars, were reported by
the Merchants Exchange as follows:
Wheat Barley Flour Oats Hay
Monday ..... tfl
24
17
Tuesday ..... 39 ....
Tear ago .... tf3
Soa'n to date.12,2i!l 37SU
Tear ago 12,060 1617
S
2
3
1740
1316
ICS 4
12J8
1234
1140
BUTTER SELU.XG AT VARIOUS 1BICE8
Creamery men Forcing Market Don to Shut
Out New Zealand.
Various prices are being quoted on city
and country creamery butter, ranging from
60 to C2 i cents. The market is in an un
settled condition. It seems to be the pur
pose of most of the creameries to get the
price down so aa to shut out Imported but
ter. Cheese is very scarce and prices are more
or less nominal.
The egg market had a somewhat easier
undertone. Candled stocit sold on the street
ar S3 to 34 cents, and uncandled eggs were
quoted at 32 to 02 4 cents.
There was a sharp demand for all kinds
of poultry, receipts of which were fairly
large. Chickens came from points as far
distant as Union. Most of the sales were
around 16 cents. White docks sold at 16
to 37 cents. Dressed meats were unchanged.
TRADING IN OKAXGE9 IS LARGE
Fancy Apples Being Withdrawn From Stor
age Vegetables Active.
Front-street trade wan good yesterday,
considering the unsettled weather. Receipts
were light. Three or four cars of bananas
are due tonight or tomorrow morning.
There Is a temporary scarcity of head
lettuce on the street. Bell peppers are firm
and have advanced to 10 cents a pound.
Trading In oranges was particularly active
and prices held steady. Fancy apples are
feeing withdrawn from storage and are sell
ing fairly well. There Is still a consider
ably quantity of cheap stock on hand.
Hopgrowcrs Holding Firm.
No hop sales were reported yesterday at
ay point on the Coast. There was a general
tightening up by growers, particularly hold
ers of good goods.
Preliminary returns on beer sales In De
cember show an Increase of 306,000 barrels.
The Eastern markets are stronger and
state hops are now quoted one cent higher,
at 49 cents at New York.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
I'ortland tl.67O,340 $176,937
Seattle 1,947,405 175,814
Tacoma, 383.082 48.JS5
Spokane 718.826 109,708
PORTLAND MARKET QUOTATIONS.
Grain, Flour, Feed, Etc.
WHEAT Track prices: Club, 86g)S7c;
bluestem, 7o: forty-fold, 87nc; red Russian,
S6c; valley, 87c.
OATS No. 1 white, J2523.E0 per ton.
CORN Whole, 135; cracked, (36 per ton.
EARUJV Feed. ?24 24.50 per ton;
brewing. $23.50. rolled. $2G.SO(y;27 5u
FLOUR Patents, 14.60 per barrei;
straights, $4.00; exports, S3.ttS3.80; valley,
4.v; graham, 4.6o; whole wheat. S4.SO.
HAT No. 1 Eastern Oregon timothy,
116.60; mixed timothy, $14.00; alfalfa, $14.
clover. $910; valley, grain hay, $11018.
MILU-'EKD Bran, $21.50 per ton; shorts
$22.60; middlings. $1!930.
Fruits and Vegetables.
Local lobbing quotations:
TROPICAL FRUITS Oranges, navels.
$2.25(t2.?5 per box; lemons. $3.00fe'4.50 per
box; pineapples, 7c per pound; bananas. 4c
per pound; tangerines, $1.7tS per box; grape
fruit, California, $3.00; Florida, $4.70iS5.75
per box.
VBUKTABT.ES Cabbage. 26-21ie per
pound: cauliflower, 75c$ 11-25 per dozen; cu
cumbers, $1.2S1.S0 per dozen; eggplant, 15c
per pound; peppers, lOo per pound; rad
ishes, 85c per dozen; head lettuce, $2.25
rr crate; garlic, 12H13c per pound;
sorouts, 10c per pound; artichokes. $2 per
dozen; squash. ln&2c: celery. $3.25 3. do
ror crate; tomatoes, California, $2.25; Cuban,
5.25 per crate; hothouse lettuce, B076o per
fcox; spinach. 75 tf 80o per crate
GREEN FRUIT Apples. 75c $2.25 per
ox; graces, Malagas, $7.6039 per keg; Em.
perors. $1 per keg: cranberries. $12 012.50
per Darrei; pears. ai.ZDl. 7 3.
U-NJUsa Oregon. 13. zb 41 8.50 cer sack
buying price, $3 per sack at shipping points.
ruiAiOES Oregon, 80ci$1.00 per nun
men; ouying price. iMtpuuc at shlppin
iuiuia. sweet potatoes, per crate,
o-A fc-CiiSTABLES Turnips. $1; car
rots, si; parsnips. $1; beets. $i.
Dairy and Country Produce.
Local Jobbing quotations:
Oregon fresh ranch, 32-33c
dozen.
per
rULLTRI Hens. IS 17c: Springs. T6
ii-c: turkeys, live, zo22c; dressed, choice,
"ff-Tfic; ducks, 1417c: geese. 12s14c
CHEESE Oregon triplets. 20Hc: Daisies,
ui.iinuni. ignny Americas, nominal.
BUTTER Creamery prints, extras, 80
w-v; jsvuuu; cuoes, zi.ac per pound.
PORK. Fancy, 10ilOVjc per pound.
VEAL Fancy. He per pound.
Staple Groceries.
Local Jobbing quotations:
oauion Columbia River, one-pound
'' per cozen; nair-pound flats,
$1.40; one-pound flats. $2.45; Alaska, pink.
uue-puuno tans, toe; suversides, one-poun
HONEY Choice, $3.253.75 per case.
NUTS Walnuts, liic per pound; Brazil
......a. iiiueris, iojujc; almonds.
jc; peanuts. 5sf5Vic; cocoanuts, $1.00 per
pvuwi, ijmonmn, ivc per pound; hickory
enwanc; pecans, ic; pine. 17H9
BSAS Small white, 8c: large white
.90e; Lima, 9.3uc; pink, 4c; Mexican,
oc: oayou, 5 "lie.
ebUAK Fruit anil Wd 1 Oft. TTAnrtt..i
plantation, $4.63; bet, $4.70; extra C, $4.40
.v"c,cvi, oarrcia, 9.10,
COFFEE Roasted, In drums, 16 3320 per
.......
salt Granulated, $14.00 Der ton: half.
ground. 100s. $10.25 per ton; 50a. $11 per
.iov per ton.
Japan. BgBVtc; cheaper
'wc; oouinern neaa, t906to.
umnu FRUITS Apples. lOo per pound
j'jc; peacnes, 8Qllc; prunes.
Italians. 8 10c; currants. 9-tie; raisins.
'". muscatel, "HWIiic; bleached Thomp
son, ligtc: unbleached rinlttn,, mA
ed. 9c; dates, Persian. 8V4o per pound; faro,
$1.40 per box.
FIGS Boxes. II 10-onnce. 85o; 16 li.
ounce, SZ.Zd: so S-ounen SI UK 7ft 4nn..
Smyrna, sw-pound Boxes. 200.
Provisions.
f!AM in tn 12-nnnnri ifAoM. 14 . -
M-pouDo, loonae; 34 to 18-DOand. la
19e; skinned. lS'jic: Dicnle. le- hii4
BACON Fancy. 26(!i27e- ilanrlarrl 'otM,
DRY SALT niRKIl pm iau.n
snort clear backs. 14eltic- irorn lnei
SLrjrjs. J O 'S 1 i ft C.
Ij.kiiu Tierce basis: Pure. 12Ura iflti
compound. 1014c
Oils.
COAL OIL Barrels IXUxr
GASOLINE Bulk. 16c: rases.
23c;
moti
spirit, bulk. 16c; rases. 23c
LINSEED OIL Raw. barrels Bin- hailed
"' ooc; raw, cases, ttoc; boiled, cases.
TURPENTINE In cases. 63 .-- gallon.
Hops, Wool and Hides.
"ra il3 crop, prime and choice, 21
i2c; IBM contracts, 16c.
flSLTS Dry. lOc: drv thnrl wnnt T. r.
shearlings, 10c; green shearlings, 10c; salted
uKnts, ou'jjtsc; salted heavy, 75BOo.
niaes halted hides. 12Un nmin-
tiii. ioc; saitea cair, lc; green hides.
ary hides, 23c; dry calf, 25o; salted
ouns. rc per poena; green bulla, 7c.
WOOL, vauey, 14(n13c; K astern Oregon,
MOHAIR 1913 clip. 26e per pound.
CASCARA BARK Old anil new K
per
pound.
BETTER CATTLE WANTED
BULK OP CURRENT SUPPLY IS NOT
FINISHED.
Course ot Hog: Market Depends on Re
ceipt Thla Week Grain-Fed
Blntton Firm.
The livestock market was featureless yes
terday. Only one car of stocit came in.
Several loads of carryover sheep and lambs
were worked off, and the other Bales were
of small odd lots.
Commenting on the general market itu.
ation tno Livestock Renorter Kr
Tho market has been delUKed with beef
ot an varieties, principally unfinished stuff.
tor wuica tnere Is no demand. Growers
are marketing their cattle without giving
mem - a nrm, smooth finish, for which tho
packers pay a premium. They turn them
out or tne feed lots too soon. Brighter
w.,..K u figni tor tne trade when de
mand overtakes supply and quality is more
pronounced. Since the bulk of tho butcher
t-oiiia receipts was unfinished beef lh.
iew cnoice ones were sold at n.t,.A.
than ordinarily because of the denrossinn
u uversuppiy ot poor stuff.
"Trade in hogs has been hrkk -firim k.
ginning to end and business broad. Every
oony was Duymg hogs, and hogs continued
to arrive in capacity-taxing unmbers and
it Is doubtful if a more interesting .nt..
session ever ruled here before. The big re
ceipts and price weakening at the close
may have considerable influence on swine
prices this week.
The arrival of several earn f frnln.fAfl
mutton and lambs late lant wenir wo.
iguai tor a general advance in nrin. . h
up a quarter. Demand is not rood for nn
receipts yesterdar were 74 hi n "r
sheep, brought in by Hugh Cummings. of
The dayus sales were as follows
"i-lr!ce. Wt. Price.
cows ,.iu3 ss.40 :63 ewes ... 97 ti sn
1 bull ...1300 4.S0
1 bull ...1010 3.33
1 bull ...1500 5.23
161 ewes ... S7 3.70
1 cow ....10SO 4.60
l steer ...1020 6.50
21 Iambs . 62 5.75
8 steers . . 738 D.75
Current local Quotation
ou the various
lasses of livestock follow:
Prime steers . S7.2.-.fl!S7 fin
Choice
teera 7.0O5 7.25
Medium steers
B.7J 7.t0
Choice cows
Medium cows
6.I54J 6.50
C.OOiS -'5
6.00 6.75
8.00 .00
6.00 7.75
4.00 5.75
6.00 O t.it
T.235JI 8.03
6-OOlSl 7.0O
S.OOrgi 5.e5
8.50(31 4.65
5.(Hl(j! 6.75
Heifers
Light calves
Heavy calves
Bulls
ta?s
Hoers
LlBht ,
Heavy .......
Sh
Wethers
Ewes
Lambs
Omaha Livestock Market.
SOUTH OMAHA, Jan. 20. Hogs Re
ceipts. IS.OOO; market, hiyher. Heavy. $8.25
S.45; light. i7.B0sjp8.23; pigs. $67.00;
bulk of sales, $S.13&S.33.
Cattle Receipts. s.-,o; market, higher.
Native steers, $0.73S.S0; nntlve cows and
heifers. $4.5006.40; calves, $7!10.
Sheep Receipts, S0C0; market, hlfrher.
Tearllnss, 53.7508.90; wethers, $5.233.90;
lambs, $7.35a8.10.
Chicago Livestock Market.
CHICAGO, Jan. 20. Cattle Receipts.
40UO; market, barely steady. Beeves. S6.70
09.30, Texas steers. $0.00S.10: Western
steers. $0.27 Vi 7.90 : Etockers and feeders.
$u.l07.75: cows and heifers, $3.60 8.50;
calves. $7.0011. W
Hogs Receipts. 2S.0OO; market, slow, a
snada above last niKht. IJuht, Js aO
8.474; mixed. $8.30S,S.33; heavy, $8 23ii
8.57"; roush, $S.2Si8.30; pigs, $S.75(j4i8.20;
bulk of sales, $S.33r S.00.
Sheep Receipts, 10.O00; market, firm. Na-'Lv?--
$iS06: Western. $4.S56; yearlinss,
$.&o i.l(; lambs, native, $ii.S0 5i S.C5; West
ern, $a.90g:S.10.
SAN FRANCISCO PEODCCE MARKET
Prices Quoted at the Kay City for Vege
tables, Pruits, Etc.
SAN FRANCISCO. Jan. 20. The follow
ing produce prices were current hero today:
Cheese! New. lSliS'lSc; Young Amer
icas. iti18c.
Fruits Apples. Bellflowers. S1.13l.!50;
Newtowns, $1.401.75; other varieties. 0c
$1.85; Mexican limes, $3.r04.BO: pine,
apples. $T.50fe2.50; lemons, $26 3.50.
Eggs Fancy ranch, 38c; store, 84e.
Butter Fancy creamery, 27 v, c : . seconds.
26VJO.
Onions Nominal.
Potatoes Oregon Burbnnkn, ' $1.251.50;
River Delta whites, 75cl.;iO; Salinas Bur
banks, nominal; sweets, $1.23't' I 63.
Vegetables Cucumbers, $1.2of?'2.75- green
peas, 8ai2"Ac; string beans, 34j15c; egg
plant. Southern, 7&10c.
Receipts Flour. 3090 quarters; barley.
3510 centals; potatoes, 6370 sacks; hay, 67
tons.
Hurry on London Market,
LONDON, Jan. 20. An unconfirmed re
Jort that Emperor William had suffered a
paralytio stroke caused a monetary scare
on the London Stock Kxchange. Consols
dropped a half point, but soon recovered "i
of the fall.
- w W Wllllllab
President's Message Has Lit
tle Influence on Stocks.
DAY'S CHANGES NARROW
Kecommcadatiojis Regarding Anti.
Trust liegtelatlon Had Been IMs
con tinned by Wall-Street Ti-ad-crs
Bonds Are Firm.
NEW TORK, Jan. 20. President Wilson's
recommendations to Congress regarding anti
trust legislation were of little effect on the
stck market. For several days previously
speculation was curtailed. and traders
marked time pending publication of the
message. It was assumed that the message
would have an Important Part In shanlng
speculative sentiment, but the action of the
market was disappointing tn thoiu who
looked for an Immediate response. After
the messase aDneared. th.
In the same irreaular wnv Da nH ti,
previous portion of the session rlosino- wiih
small gains for representative i.b
The anathetio attlturlM , v, - v
ably was due to the fact that the message
..uuiuueu no important feature for which
the street was not nrnrrl iivu.;
Washington since the President's return from
mo bouib inuicate tne nosltlon he nn ex
pectea to take und it u a . .k... ini-,in.
which were primarily resDonlh lr,r lar
""r-" aavance in tne market.
ine message closely n,ru fnw..
"L"? Taer found in It no new features
which they could sleza unon - . hntB fn.
uiwrniioni. It Was tnoufi-ht that lat.p vh-
sufficient time had elapsed for more careful
study of the message and crystallization ot
f1"""'1. mo enect upon the market might
in u i n pronouncea.
At the outset, the market was slightly
lower, but movements worn hmi.,i.i:. ....
row throughout the earlv Ennlon Cniin.in.
publication of the President's message prices
, " out wnen it became apparent
jV , viwb couia do made in that
uirecion. trauers sola the market, on the
""'J tnat tne enect of the message had
been discounted. Prices were sent down
to the low level of tho day, but in the last
..urn niey were old up strongly.
Readinar aeain reflector n,..;.i.. 1:
Ing, such as has been in progress for several
- racinc was affected by
uu,u,caai ceiling ana for a time showed
loss or more than two points. Petroleum
shares, particularly Mexican, were strons.
.Bonds were firm. ( :ovr. r-n m n m ., i,. i ,
and some second and third-grade' mortgages
were conspicuously strong. Total sales, pas
,J'- o,-uv,uuu. fanama Xl TttrntTmA
vanced on calL
CLOSING STOCK QUOTATIONS.
neponea dv .i rt i . r- ,
"., Will &11 U.
Closing
(Sales.
J6,4(H
soo
8,400
1,000
3(0
4.00O
itno
High.
751,
26
47V.
6S-'Si
Low.
Amal Copper . .
Am Beet Sugar.
Am Can Co . . .
do preferred..
Am Car & Fdy..
Am fcmel & Ref.
Bid
74
25 Vi
-
93 i
47V,
67 5k
75
20 vi
33
94
47
8
101
ao prelerred. .
Am Sugar . . T. . J3
101
u n pi crcmfri. ,
Am Tel jfe Tel..
110
4,500
2.100
2,700
121
35 T
PS
99 i
3
S0
21U'i
. H
141i
133 3
104
2tt
"iou
32H
119
35 14
9ti74
9S
93
8!
211
4
13
1331i
102
121
Anaconda
35
97
A T & banta Fe
do Preferred..
800
600
4,800
11.000
200
200
400
l.SOO
1,40U
""766
200
98
Bait & Ohio . . .
Brook R Tran. .
03
S9
Canadian Pac.
212
O A O
C & O W
ia
183
C & N W
C, M & St Paul.
Central Leather.
Central, of N J..
10.1
20
95
Chino
Col Fuel & Iron
Colo tioutheru ..
D L & W
DistlUlnir Secur.
30 i
82
40
32
.27
600
6,201)
200
2,300
1,700
100
800
800
eto
200
8,3110
700
300
300
tiOO
2,400
174
SO64
14
ssh
113
JS'-i
61
109
26
153 9s
139 '-2
11".
128 i
22 i
20
17
80 H
145
K7
l-'7
112
15
0
108
2t)Vi
152
13RJ4
128
22
2S
17
Erie
General Klectrlc
Ot North Ore . .
SO
14tt
87
Gt North pf ...
Illinois Central.
Interboro Met ..
127
114
15
do preferred.,
nter Harvester.
o
107
28
K C Southern . .
Lehigh Valley..
Louis & Nash. .
Mexican Central
M, S P & 3 3 M
Mo. Kan & Tex.
Mo Pacific
10s
138
11 Vi
128
22
23
National Lead. .
47
125
Nat Biscuit
X Central ... 2,200 92
T. Out & Wes 400 2Si
1T
281-,
103
71 Vi
112-,,
2B'n,
2g
H2T4
1S8"
28 vf,
93
25
139
15SV4
S4
'2
109
51 M
68
92
284
Norfolk & West 1,400 104
North America.. 200 71
Northern Pac .. 4.200 113 V4
Pacific Mail 500 27
Pacific T & T.. 100 28
103
)
113
2N
113
122
100
24
94
Pennsylvania ... S.300 113J.4
t-eojle s uas
Heading 40,300 l97i
Republic S & I.. 200 24 -1
Southern Pao .. 24.200 95
Southern Ry . . . 2,700 26
Texas Oil 2.400 141
25
J4U
i.-st;
s
21
!:!
108
32
61
union Pacific . . 23,ti00 159
do Dreferred. . 100 K44
United Rds S F
U S Steel Cor.. G9.50O 63ii
do Dreferred.. 2.500 Ifiaii
Utah Copper ... 4,9i)0 53
Western Union... 5,5f!0 62
Westing Eleo .. 800 68
68
Wisconsin cent.
45
Total sales for the day, 350,500 shares.
BONDS.
Reported by Overbeck & Cooke Co.. Board
of Trade building, Portland.
Bid. Asked.
Atchison general 4a. 94 94 Vi
Atlantic coast Llnest 4s 92 80 Vi
B 4c O gold 4s 93 Vi 94
B R T 4s Si Hfi
Chesapeake A Ohio 4ViS 94 Vi 95
M & St P gen 4s 191 102
R I col 4s 5114 ol'K
Cal Gas 5s 94 Vi 94
C B Q joint 48 93 . 90
Erie general 4s 74 73
nt Met 4V4S 77 77
lOUiBville & Nashville unl 4s. 93. 93 7i
Missouri Pacific 4s t5 C8
NYC gen 3Vs3 83 83
N & W 1st con 4s 941st 95
Northern Pacifio 4s BO 94
Oregon Short Line ref 4s 90 ....
Oregon Rjr Nav 4s 92 ....
Pacific Tel 5s 9l 69V4
Penna con 4s. ................ .100 ....
Reading general 4s 93 94
St L i S F ref 4a 74 ii 74
Southern Pacific ref 4s........ 91 91
Southern Pacific col 4s. ....... 92 Va 92
Southern Railway Cs 103 101
Southern Railway 4s 74"i 75
United Railway Inv 4s 57 5i
Union Pacific 1st and ref 4s... 92 ....
United States Cs ;1K) 10O
West Shore 4s................. 92 93
Wabash 4s 5SV4 68
Westlnghouse F!ec conv 3s 92 92
Wisconsin Central 4s 87 78Vi
nlted States 2s registered..... 98 99
nited States 2s coupon 9Sfc
United States 3s registered 102 103
United states 3s coupon ........ 102 u inn
United States 43 registered .... .111 112
nlted btates 4s coupon ...112 ....
Most;, Exchange, Etc.
NEW
TORK. Jan. 20. Call money
steady, 12;
ruling rate, 2; closing bid.
l ill
Time loans soft. Sixty davs. no in
5Vi3; six months, 4ft'4.
Mercantile paper. 4'cf 5: sterling exchanra
steady; 60 days. $4. 833518" 4.8365: demand.
$4.8625; commercial bills. $4.62.
Jsar sliver, isl c
Mexican dollars. 45c.
Government bonds Arm: railroad hnnrii
firm."
LONDON. Jan. 20. Bar allvei- onlj.!-
26d. Money, 22V4. Discount rates, short
bills. 3 1-165 3; three months, oe3 8-16.
SAN FFANCISCO, Jan. 20. Sterling ex.
change, 60 days, $4.8275; sight, $4.86; Doc.
$4.8225.
Transfers, telegraphlo 5; sight, 2.
Silver bars, 57 c.
Coffee and Sugar.
NEW TORK. Jan. 20. Official announce
ment that there would be no sales of valori
zation cotiee tnis year probably helped an
opening advance of 8 to 10 points In the
market this morning. Buying was restricted
continued full primary receints ana tlii.
market reacted slightly under realizing and
closed dull at a net advance of 8 to 8 points.
Sales, 31.000 baps. . January. 9.14c: March!
29c; May, 9.53c: July. 9.73c: September.
90c; October. 9.93c: December, 10.05c.
bpot. Quiet; Rio, No. 7, 9c; Santos, No.
12c. Mild, dull; Cordova, 13c at 16c:
nominal.
Raw sugar, firm. Muscovado. 2.P3c: cen
trifugal, 8.33c; molasses, 2.58c. Refined.
quiet.
Cotton Slarket.
NTSW TORK. Jan. 30. Snot cntlnn ot.
Middling uplands, 13.0Oc; do. gulf, 13.25c.
London Wool Sales.
LONDON, Jan. 20. There were
11,184
Metal Markets.
JNKW TORK. Jan. 20. Lead Quiet. 4.063
e-lO, London, 20 7s 6d.
Spelter quiet, 6.2060:3.80; London. 21 10s.
Copper firm. Standard spot to AprlL of
fered at 14.50; electrolytic, 14 14 fe' 14 s ; lake
10. (H, nominal; casting, 14.25 14.87
Tin firm. Spot and January. 37.70a 38. 0O
February, 87.e04r38.10 March, 87.85S38.25
April, 87.9588.35. '
Antimony dull. Cooksons, 7.80 T.40.
Iron steady, unchanged.
Chicago Dairy Produce.
CHICAGO, Jan. 20. Butter Unchanged.
Eggs Unsettled. Receipts. 8526 oases; at
mark, cases Included, 28 31c: ordinary
u.u. , i)5 i'7S'-. U1DIB, OI73C,
Cheese Unchanged.
Tnluth. Linseed) Market.
DULTJTH, Jan. 20. Linseed, L48a; Jan
uary. $L48;i; May. $1.52. " '
Hops at Keif York.
NB3W TORK. Jan. 20. Hops Firm.
TRAIN CHANGE MADE
I. A H. PREPARE S SCHEDULE
FOR RAINY MOTHS.
Portland-Crfelcaarn Evening; Train, Now
Imm at 6i40, Will Leave
t T o'clock: Hereafter.
Changres In the- O.-'W. II. & N. tlm
table) will become effective next Sun
day as a result of a conference of operating-
officials concluded In Portland
yesterday morning:.
Ko. 10, the Portland-Chicago evening;
train, now leaving- here at 6:40 P IL.
will leave at 7 P. M under the "new
schedule. The running; time of most
of the other local trains will be
lengthened to permit them to proceed
more cautiously over the tracks during
the next few months, when roadbeds
everywnere are more or less affected
by rain and high water.
No. 17 and No. IS, the fast Portland
Chicago passenger trains, will not be
changed, however.
Motorcar service between North
Yakima and Grand View, Wash, and
between Montesano and Hoqulara,
Wash,, will be readjusted. One motor
each way will be discontinued on each
of these runs.
M. J. Buckley, general superin
tendent, presided at the' conference.
Others in attendance were TV. Gon
nolley, superintendent at Spokane;
William Bollons. superintendent at La
Grande; A. G. Kamm, superintendent
at North Yakima, and B. E. Palmer, su
perintendent at Portland.
Yesterday afternoon all these of
ficials went to the O.-W. K. & N. shops
at Albina to witness a preliminary ex
hibition of the moving-picture films
now being prepared for general exhi
bition by A. W. Perley. special agent
of the mechanical department of the
company, The films give valuable les
sons in safety and fuel economy and
will be taken over the entire O.-W. R.
& N. system In a baggage car now
being fitted up for that purpose and
shown to employes.
GYMNASIUM CLASSES OPEN
Women, Girls, Men and Boys Taught
at Peninsnla Park.
Classes for women, girls, men and
boys have been formed at the gym
nasium of the Peninsula Park. A class
for married women meets Tuesday and
Thursday, from 9 to 10:30 o'clock In the!
morning. The girls' classes meet Sat
urday morning and Tuesday evening.
A class for grade teachers meets Wed
nesday afternoon.
The boys are divided -into- several
classes, according to age. Their gym
nasium is in tne east wing of the rec
reatlon building.
Miss Ethel Sharp is the physical dl
rector of the girls' gymnasium and
jonn uatz is in charge generally.
DAILY METEOROLOGICAL REPORT.
PORTLAND. Jan. 2l MiTlmim .rr,Ti.--
ature, 48 degrees; minimum. 40 decrees.
River reading, 8 A. M.. 4.6 feet; change In
,tloL nuurs, w.i root rail. Total rainfall,
5 P. M. tO 5 P. M 0.52 InrliM. Intal rol
fall since September. 1. 191X. s'l.ss Inh...
normal, 23.58 inches; deficiency. 1.S9 Inches.
Total Sunshine. 1 hour 43 mlnnlM' nnoiHlA
S hours 14" minutes. Barpmeter (reduced to
Bc "cii hi o x-. Ai., zy.ug inches.
THE WEATHER.
n
M
S 2.
S
Wind
3 Stats of
o a wealner.
STATIONS.
aker J SSiO.Oll 4X
B'se 38;o.06( fs
Boston 1 34J0.1620E
Snow
Snow
Snow
Pt. cloudy
Snow
Clear
Snow
Clear
Clear
SB
Calgary
Chlcagro
In n nni nim
40(0.'0O14SW
38 O.O0I 6IN
uenver .......
Des Moines . . .
Duluth
Galveston
36!0.00!!2'NW
20 0.34122 NW
7210.00 20 N
S2I0.00J 4!NW
74:O.OOf 4SW j
44I0.OOJ24JNW
C A All . 'c
Helena .......
Jacksonville .
Cloudy
Rain
Kansas City ..
Laurler
Clear
Los Angeles . .
Marshfield ...
U.V1 HO
60,0.001 8ISW
4G 1.061 4ISW
Snow
Cloudy
Rain
Cloudy
Clear
Medford .
400.44l 4INW
Montreal
New Orleans .
New York . . .
North Head . .
North Yakima
8IO.00 20JE
760. 00112 SW
42 O.00i20!NB
46(0.36 14l3B
3SI0.12J calm
Clear
Cloudy
Rain
Cloudy
Phoenix
... 1410.001 4 w
(Clear
Pocatello
Portland
...I 340.0l
3410.01 USE
4810. 621 SISB
44l0.B4( 4 XB
lnow
Rain
Rain
Roseburie ....
Sacramento ...
Cloudy
Clear
Snow
Cloudy
Cloudy
feu Louis
St. Paul
Salt Lake . . .
San Francisco
66!O.O0!24XW
4iSW
62:0. 00 6IS
34!0.04 4!SE
48:0.061 (SW
420.84ilO,SE
46 0.00 4!W
56 0. 00 4'NT
Spokane
Cloudy
lacoma
Tatoosh Lsland
Walla "Walla .
Washington ...
Cloudy
Cloudy
Cloudy
ijiouuy
Clear
Winnipeg
00.O0!12NW!
WEATHER CONDITIONS.
A moderate difttiirhanr.A fn .nnirai rr v.
North PacIIlc Coast; It has caused light
to moderately heavv nrenlnif ntlon nn th
North Pacific Slope. Southwest storm warn
ings were ordered at fi;so p m tnr Cnnm
Bay. A disturbance of considerable energv,
central over Lake Brie, - covers the eastern
half of the country. It has caused brisk
winds over Minnesota, the Upper Mississippi
and Ohio valleys. Lake Region and Atlantic
States, and high winds over Missouri. Light
precipitation has occurred in North Dakota,
Minnesota and the Middle and Nnnh At.
lantlc States. High pressure obtains from
California and the Mexican border north
ward to Alberta. Saskatchewan and Man
itoba. The weather Is much cooler in the
Plains States. Upper Mississippi Valley, the
northern portion of the Lake Region and
St. Lawrence Valley.- Except In Northeastern
Montana, North Dakota, Eastern South Da
kota and North Minnesota, temperatures
are above normal in nearly all sections of
the United States.
111a conditions are favorably fn. rain
Wednesday in Western Oregon and West
ern Washington and for rain or snow east of
tne cascade Mountains. In general tem
perature changes -will be unimportant.
Southeasterly winds will obtain.
FORECASTS.
Portland and viclnitv Wednendnv rain-
southerly winds.
Oregon Washineton Wednesday nln wt
rain or snow east portion; southeasterly
winds.
Idaho Wednesdav rain or snow.
THEODORE K. DRAKE.
Acting District Forecaster.
FVelg-ht Bureau to Meet.
A meetlner of the Transcontinental
Freight Bureau will be held In Chicag-o
beginning- Tuesday, January 27. and
R. B. Miller, traffic manae-er of tho
0--r. R. & N. Company, -will leave
within a few days to attend. This meet-
"8 was to have been held earlv thla
month, but was postponed several times
to accommodate various officials con
sideration of protests aeralnst the new
rates provided by the new wpth.ir,H
tariff, which becomes effective Febru
ary 1, la on tho docket.
THE UNITED STATES
NATIONAL BANK
PORTLAND. OREGON
UNITED STATES DEPOSITORY
Capital .... $1,000,000
Surplus ... . $1,000,000
OFFICERS
A C AHSWOKTH, PlvsldeiKw
R. LEA BAHSES. Vice-President. R. w. sOHMEKK. Ca.kler.
A. M. WRIGHT. Asst. Cashier.
HolT- Caaklea. P. 8. DICK. A..t. c.,hl
LADD &TILTON BANK
Capital
Surplus
Commercial and
OFFICERS.
W . M. Lada, President. Roberts Howard Asr r-n.M.,
W. H. Dunckley, Cashier. Walter M. Cook. Asst. Caahier.
Corner Washington and Third Streets.
First National Bank
Capital $1,500,000
Surplus $1,000,000
Oldest National Bank West of the Rocky
Mountains
CORNER FIRST AND WASHINGTON STa
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
of San Francisco. Founded 1 864
Capital Paid In $8,500,000.00
Surplus and Undivided Profits $7,969,491.97
Commercial Banking and Savings Departments
PORTLAND OFFICE
Third and Stark Streets
GAINS ARE NOT HELD
Fine Crop Prospects Bearish
Factor in Pit.
OPENING PRICES HIGHER
Cold Wm In Europe Has Only Tem
porary Effect on Chicago Wheat
' Market Other Grains
Are Iower.
CHICAGO , Jan. 20. Bearish proipects for
tho Winter crop tn tn United States more
than counterbalanced In the wheat market
today an efiort to lift prices because of
unusually coid weather and lack of snow
protection In Western Europe. Despite an
tarly bulge, the close was steady at the
same as last r,:?ht to a 'shade decline. Other
speculative articles all showed a net loss
corn Ho to c, oats Ho to lie and pro
visions 7 Vic to 12Hc
In the corn crowd, belief that colder
weather, although tending to Increase the
demand for feed, would soon start shellers
again to work, led to heavy selling;.
Oata had no Independent action. Cash de
mand was said to be decidedly slack, espe
cially East.
Provisions 'sagged, partly from the weak
ness of the grain list and partly from dis
appearance of any important support.
The leading futures ranged as follows:
. WHEAT.
Open. High. Tx) w.
High.
-92Vi
.87
COKX.
.60 H
.65 Vi
OATS.
.89 i
Close.
-1H
.67 Vi
May .82 f .92Vi $ .S1H
July 87 .87 .b7K
May
.66
.63H
.64 1,
.63
64 H
July 5
May 39 .S9i .S9W. -.8914
July 39 .oB -3Sls -38
MES3 PORK.
May 21.87 21.90 21.75 21.80
LARD.
May ll.STH 11. 40 H.32V4 11.88H
SHORT RIBS.
May 11.77H 11. SO 11.67 Vi 11.70
Cash prices were:
Com. No. S. IStmc: Ks. whtt
GSSSc: Ko. 3 yellow, 61ViGJc.
Kve NO. -J, 61 ((J1 62c
Barley. 00 79c.
Xtaropean Grain Markets.
LONDON, Jan. 20. Cargoes on caasace.
quiet, but steady.
English country markets, steady: French
country markets, firm.
LIVERPOOL. Jan. 20. Wheat annt Arm
Futures steady. March. 7s 2Vid: May. 7s
liid; July. 7s lwd.
San Francisco Grain Market.
SAN FRANCISCO, Jan. 20. Soot Quota
tions: Walla Walla. $ l.Mffil.SG'i : red Rus
sian. $1.53 1.65; Turkey red, $1.5Sa 1.67 Vi :
bluestem, 1.601.62Vi ; feed barley, $1.22 s&
Si 1.5: brewing barley, nominal: white oam
$1.40-1.41; bran, $23u24; middlings, $30
jai; snorts. $25rj25.&0.
Call board: Wheat steady.
Barley. December. $1.17: Msv 1125V.'
January. $1.22 bid. $1.23 asked.
Minneapolis Grain Market.
MINNEAPOLIS. Jan. "O. Wlinl v 1
hard, S9H: No. 1 Northern. Sii ESK.siif
No. 2 Northern. 'jl STi - tco a wha
815, &63c; May. S7Hc; July. 89c
Puget Sound Wheat Markets.
SEATTLE. Jan. 20 Wh m,,..
96c; fortyfold, 66c; club, 86c; Fife, 86c; red
. Established 1859.
$1,000,000
1,000,000
Savings Accounts
Testerday's car receipts, wheat 40. oats 22
Dsriey no, corn i, nour 8. hay So.
TACOMA. Jan. 20. Wheat Bluestem. 86c
fortvfolrl. R7fr rlnh nnA e.
lit receipts,
hay in.
wheat 60, barley 2. oats 2,
$3.00 a Year
Can you afford
to take the risk
of letting valua
ble papers re
main unprotect
ed, when they
can be kept in a
safe deposit box
at a cost of less
than one cent a
day?
Security Safe
DepositCompany
Fifth and Morrison Sts.
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada.
Established 1867.
A general banking bus in est
transacted.
Interest paid on time deposits.
Letters of Credit and Travelers'
Checks Issued.
PORTLAND BRANCH.
Corner Second and Stark sts.
F. 0. MALPAS, Manager.
J.CWIUSON&CO.
STOCKS. BOSDS. CHAIN AM) CUtTU.1
XTEMBKB3
KEW TORK STOCK EXCHANOE.
CHICAGO BOARD OF TRADK.
MEW VORE COTTON ctCHAmi.
THE STOCK AM. BONO KXCHIXOI.
KAN FKAN CISCO.
PORTLAND OFFICE;
Lewis Building, 269 Oak Street.
Pfcones LlaiBiaJl 4120. A 1187
TRAVELERS' ;IIDE.
HAMBURG
AMERICAN
UrtfcsrtS&C
Over 400 Shi pc
in tho
1.506.819
WORLD
TONS
LONDON,
PARIS, HAMBURG
tsr.rat VI alders ee. Jan. 29, 12 nooa
ttm. ...... r ro. . i x . r .
Kals. Aug. Vic... Feb. 12, 11 A.M.
Vm Grant Feb. 14, 13 noon
.rneriKi 1-ob. 1!, 12 noon
1 2d cabin only. J Hamburg dlreoL
MEDITERRANEAN
Madeira. Gibraltar, Algiers.
taole. Uenoa.
gS. 8. Cincinnati. .Jan. SI. IF.HB
. b. iimDnr(c...jto. 17, b r. M.
t. 6. t inrinnatLMareb S. 8 V. M.
8. 6. Hunb&njr. . . .April 4. U nooa
iWui bul call at Algiera.
Cruise Around the World
Through the
FANAMA CANAIi
FROM SAN FRANCISCO
FEBRUARY , 11.
by the S. B. CLEVEIANS.
135 Days, $900
and tip. Including shore trip and
necessary expenses.
(E7In order to aecuro chotoa
location rooms ctbould be
bookeU now.
Write for Information
HAMBURG-AMERICAN LLNE
60 Powell su, ban Frai
fioutbern Pacific Co.. 8
CaL
O.-W. R. N. Co., 1
!f if. I) T? rl
Pa-
Burllnrton Route. Mil-
stnlM & Punt RM.i
R. t-. Great Northern
By. Co.. Dow
B. Emltb, 3d A
wash-. Port
land. Orgoa.
LLOY
London Paris Bremen
George Washington . . Jan. 31
Prlnr Frledrich WHhelm. . .Feb. 17
KronprtnzeoKin Cecillc Kel il
-rBarbaroSNa l-b. 26
Kater Wllhclm 11 Mrli. 10
tfneienati lrh 12
Kaiser Wllhelm der Grosse Mch. 17
tiirenien direct. vOne cabin ill).
Baltimore-Bremen direct.
One cabin 1I): Wednesdays.
Ealllnsa on SATURDAY for
THE M10JlTi,KliA-NEAM
Berlin Jan. 31
Prlnzess Irene Feb. 14
Through rates from New York to
South America via Europe.
Esypt, India und tho Far Kast.
Independent trips.
Around the World, $620.60 and tip.
First-class throughout
Two winter cruises to the
WEST
INDIES
PANAMA
CANAL
&
By 6. 6. GROSSER KURFUERST
FEB. It, MAR. IB.
Rate $160 an SI to 2 Days
Cruises Include all ports of in
terest In the West Indies. Writ
for our new booklet
To tho Canal and Caribbean."
Travelers' Checkn Good All Over
tho World.
OELRICHS tc CO., Genera! Arts..
& Broadway, N. Y. ; Robert Ca
Delle. G. A. P. C. 2J0 Powell St.
near St. Franc! Hotel and Gearv
St., Ean Francisco, or Local Agent.
TO
SAX "yrO.D,kOSoA-NGEtS
S. S. YUCATAN
WEDNESDAY, J AX. 21.
COOS BAt AND EUREKA
S. S. ALLIANCE
THURSDAY. JAN. S3, e P. M.
NORTH PACIFIC STEAMSHIP CO.
1S8-A THIRD STKEET
Phones Main and A 1314.
HONOLULU
III tV? las ro?a trl frn
San Francisco). Tho most attractive spot
??. nUre world tour. Pplendld steamers
(10.000 ton dlspl.) of OCEANIC I.LNE sal"
to Hawaii every 2 weeks. you can make
this trip in lrt days from San Pranpi... i
Ing 6 days on the Islands. Sydney, la' days
from San Francisco. 30O round trip 1st
class. 2ue 2d class. Send for folder.
Sydney Short lino, 673 Market St.. Baa
Jrrnnclsco.
NEW YORK -PORTLAND
REQDLAR FRE1QHT SERVICB1.
tow Ratea. Bohsdula ilat.
American-Hawaiian S.S. Co.
10 Railway ELxchanse Bid.
Psrtlsad. Itr
Main MT8. A8SSX
tf.?T TTfl V TT75 '
KJPKK8S STEAMERS FOR
Kan Francisco and Los Ang;elr -WITHOUT
CHANGE.
8. 8. BEAK 8U 4 P. M. Jan. tl.
H. B. BKA V KH Mll Jan en
TUB SAN FRANCISCO & POKT1.AJSD S. S.
llctrt orrice. 3(1 and Washing
ton, with O.-W.. K. Co.
lhono Marshall 4500, A 6141.
COO 9 BAY LINE.
Steamship Breakwater
Sails from Ainsworth dock, Portland, at 8
P. M. every Tuesday evening. Freight re
ceived until 12 O'CLOCK (.VOON) ON HAIL
ING DAT. Passenger fare: FIrst-clnss. lir
second-claaa (men only), $7, Including
berth and meals. Ticket office at l.ou-i-:n
AINSWORTH DOCK. PORTLAND & COOS
BAY STEAMSHIP LINE. L,. H. KEATINO.
Agent. Phones Main 16o0. A 2332.
WILBUR B. FOSHAY
PUBLIC UTILITY SPECIALIST,
Investigations, Reports, Plans. Develop
ment ana Management of Electric. Gas.
Street Railway and Water Properties.
Wilcox Bnlldinar. Portland. Orrsron.
ATLANTIC
I SERVICE
1
I
NORTH
BONOS
CORPORATION ASD MUNICIPAL.
ROBERTSON & EWING
. 819 Falling; Bids.