THE MORXTXG OREGOXIAX TIIU1TSDAY, JANUARY 22. 1914. 15 HID E VALUES RISE Tanners Are Now Paying More on Basis cf Quality. MARKET UNDERTONE GOOD Improvement In This Line Indicates Ilctter Conditions In Other Branches of BusinessPack er Hides Are Active. and bur 6 '.4 to firm. 8 cents. Cheese was scarce and Dealers In hides take an' optimistic view ef the situation. Business Is stil quiet prices as quoted show no change, b there Is a healthier undertone to the mar ket. Actual values, from the standpoint of the tanner, are 5 to 10 per cent higher than they were last October. In- other words the quality Is that much lower with the basis of prices the same. This in itself Indicates the satisfactory conditions underlying the snarket. The course of the hide trade has always been regarded as a fairly reliable barom eter of the general business situation. The Improvement that has manifested Itself in the market, therefore. Is taken to mean a revival of Industrial and commercial activ ity. Trade advices received yesterday from the Kant reported the hide market firm throughout the past week, but without much business passing. Another report said: "The country hide situation Is somewhat steadier to firmer, although trading is re stricted by the small available supplies. 33uffa have sold freely at Chicago and out side points at 13 1; o IS ',4c and previously buyers refused to bid over loc for these. Calfskins are also strung and prices In New Tork are about 5c apiece higher. "Pronounced activity has developed in domestic packed hides, with large buyers operating and sales, consisting chiefly of branded steers and cows, in Chicago and ether Western points have amounted for a week to about 150. 0C0 hides. The prices at which these transactions were effected were slightly higher than were previously ob talned. and as the salting was later and the quality consequently less desirable. the former tone to the situation was clearly manifested. One large sole leather tanner alone purchased a line of about 65,000 butt brands. "One Interesting feature of the market Is the fact that branded cows are at present bringing a premium of 9.4vsC per pound ever butt brands and Colorados, whereus usually the latter kinds sell for more than branded cows. Tills would show that tanners are especially anxious to procure lightweight hllK9. A similar condition to this also exists In native cows, with liberal sales of lightweights at 17 c, while heavy cowe are neglected at IT&Hlic and heavy native steers are only quotable now around 17Vs& l"c. while a few months ago heavy native steers brought about 3c over light cows. All kinds of native hides In the packer market are rather slow and easy, with the single exception of light cows, and these, together w Ith branded nidus, have been the active feature of the market of late." TAMCV ORANGES ARE NOW 1AUCED California Association Adopts Flan to Guar antee Quality. Trade in the fruit and vegetable market contlnuos brisk. The week to date has been one of the best of the season on Front street. Receipts from the south were not heavy, consisting of "only one car of lettuce and one of oranges. A car of sweet potatoes Is due today. They are badly needed, as the market Is bare of good stock. Six cars of bananas will arrive today. Next week's receipts of bananas will be lighter. Katns In California are checking the ship ment of oranges, but a good supply Is be ing carried locally and the demand for the fruit Is large. The Rlalto Heights Association, of Rlalto. pan Bernardino County, has adopted the policy of tagging Its extra fancy oranges as a guarantee of their quality. These tags, which are small stickers, are placed on each erange by which It can be Identified by the consumer. Pineapples are plentiful and are- cheap enough to can. They are selling at 6 cents a pound, the lowest price since last Bum mer. There Is a little better demand for fancy apples 'and storage stock la being brought out. There are still plenty ot culls. Fancy Beurre Clalrgeau pears are offering at $1.50, the same price they brought last Fall. Celery from Northern California Is be lng received In fine condition. Head lettuce from Southern California shows rain dam age. Coachella egg plant Is offered at 1 cents. Other kinds sell at 10 cents. FOREIGN MOHAIR MARKETS IMPROVE. Demand From United States Reported to Be Better. Trade In mohair this week has been of very small proportions and prices show absolutely no change from recent current rates, says the Boston Commercial Bulletin. Reports from Bradford Indicate a better feeling In the trade and more inquiry Is reported for Capes. Demand from the United States is said to be rather better and future prospects in this direction are con sidered better. Constantinople reports rather better business, while the Cape is not so active as formerly. Boston quotations are: Best combing, 36 cents; good combing, 8587 cents; or dinary combing. 3UJj cents; first carding, -Stg'SO cents; second carding. 25d23 cents. Foreign Capo, first, 4U'g 42 cents; Turkey, fair average, 041 52 cents. Bank Clearings. Bank clearings of the Northwestern cities yetsjrUay were as follows: Clcarlnss. Balances. Portland . . . .,. .?1.7"0.si4 J15S,Uf Seattle l.Ttm.OS HM,iK:l Taconia o17,07 &7,l-7 Spokane 00o,2o ' 4b,ob0 rORlLA.NI) MARKET QUOTATIONS. Grain, Hour, Feed. Etc WHEAT Track prices: Club, S87c: bluestem. 97c; forty-fold, 87sC; red Russian, S6c; valley, 87c. OATS No. 1 white, S;;5.50 per ton. CORN Whole. $35; cracked, 38 per ton. BARLEY Feed. 24U'24.50 per ton; brewing. $25.50. rolied, $10.0" (a -7.5U. FLOUR Patents. $4.60 per barrei; straights. $4.00; exports, $3.US3.80; valley, $4.U0; graham, $4.60; whole wheat. $4.80. HAY No. 1 Eastern Oregon timothy, $18.00; mixed timothy, $14.00; alfalfa. $14. clover, $010; valley, grain hay, glials. MILU'iiEU Bran. $21.50 per ton; shorts. 22.5U: middlings, J9 4j30. Fruits and Vegetables. Local Jobbing quotations: ' TROPICAL. FRUITS Oranges, navels, $2.252.75 per box; lemons, $3.504.50 per box; pinapples, tic per pound; bananas. 4c per pound; tangerines. $1.75 per box; grape fruit, California, $3.50; Florida, $4,754 S-75 per box. VKGKTABLES Cabbage. 2'iJ2lio per pound: cauliflower, 75c!&$1.25 per dozen; cu cumbers. $1.25.1.50 per dozen; eggplant. 10 6150 per pounu; peppers, 10c per pound; rad ishes, 35c per dozen; head lettuce, $2.25 per crate;, garlic. 12V&fi3'15c per pound; sprouts. 10c per pound; artichokes, $2 per dozen; squash. ll&2c': celery. SH.25 ft 3.UO per crate; tomatoes, California, $2.25; Cuban, $5.25 per crate; hothouse lettuce, 50 (ij 75c per box; spinach, 75(3;S0c per crate. tiKEEN FRUIT Apples. 75cs$2.25 per box; grapes. Malagas. $7.50) 9 per keg; Em perors. $4 per keg; cranberries. $1212.d0 per barrel; pears, $lf&1.50. ONIONS Oregon, $3.25 '0 3. DO per sack; buying price. $3 per sack at shipping points. POTATOES Oregon. S0c$1.00 per nun dred; buying price, 60s?iuc at shipping points; sweet potatoes, $2.50 por crate. SACK VEGETABLES Turnips, $1; car rots, $1; parsnips. $1; beets. $i. BONDS SELL HIGHER New York State Issue Realizes Top Price. ALL SECURITIES CLIMB i Dairy and Country Produce. Local Jobbing quotations: EUUS Oregon fresh ranch. 32 34c per dozen. POULTRY Hens, 1017c; Springs, 160 164c: turkeys, live, 2022c; dressed, choice, S5fc27Hc: ducks, 14(jtl7c; geese, i;14c. CHEESE Oregon triplets. 204c; Daisies, nominal; Young Americas, nominal. BUTTER Creamery prints, extras. 80 32- pound; cubtej, 2i'vf2c per pound. PORK. Fancy, 10W10ic per pound. VEAL Fancy. 14ff14Ho per pound. Staple Groceries. Local Jobbing quotations: SALAtON Columbia River, one-pound talis, $2.25 per dozen; half-pound flats, $1.40; one-pound flats, $2.45; AlasKa. pink, one-pound talis, 80c; silversides. one-pounu tails. $1.25. HONEY Choice. $3.253.75 per case. NUTS Walnuts, 19 Vic per pound; Brazil nuts. 20c; filberts. 15315c; almonds. SJ C21c; peanuts, 6 4' 5 Vic; cocoanutn, $1.00 per pound; chestnuts, 10c per pound; hickory nuts, 8V3(&9Vic; pecans, 17c; pine, 17V4 2vc. BEANS Small white, 8c; large white, 4.90c; Lima, .30c; pink, 4vic; Mexican. 5 Vie: bayou, 5c. SUGAR Fruit and berry, $4.00; Honolulu plantation, $4.85; bet. $4.70; extra C, $4.40; powdered, barrels, $5.15. COFFEE Roasted, In drums, 18S2o per pound. SALT Granulated. $14.00 per ton; half ground. 100s, $10.26 per ton; 50s. $11 per ton; dairy, $12.50 per ton. RICE No. 1 Japan, 55Hc; cheaper Eisuea 4-.c; boutnern Dead, cpo. DRIED FRUITS Apples. 10c per pound; apricots. 1214c; peaches, 8llc; prunes. Italians, 8 10c; currants, 9y.c: raisins, loose. Muscatel, 8V47V4c: bleached Thomp son. llc; unbleached Sultanas, 8V4c; seed ed, 9c; dates, Persian. SVio per pound; fard. $1.40 per box. FIGS Boxes. 12 10-ounce. S5c; 18 12 ounce, $2.25; 50 8-ounce. $1.85; 70 4-ounca, $2.15; Smyrna, 40-pound boxes, 20c. Eighty StK.-ks Make Gains of Point or More llccent Keports of Improving Business Condi- tions .Are Confirmed. JTETvV TORK, Jan. 21. Dealings in both stocks and bonds were on an enlarged scale today and prices rose steadily. There was an Insistent demand for securities of all classes, and nearly 80 or the stocks traded in made gains of 1 to 2 nolnts or more. The sustained character of the buying made the market one of the best from the tandpoint of bullish operators of any day luce the improvement set In last month. Another important factor was the marked uccess of New York State's offerin of $51,000,000 of 4VJ per cent bonds. Quota- ions of the bonds "when issued." which opened around 1069s, shot up to 107 54. Throughout the bond market, j.rices rose on active trading. Recent reports of improving business con Itions, especially in the steel and iron in- ustry, found partial confirmation In the weekly steel trade reviews. iotal sales of bonds, nar value s fiftx noo United States 2s couDOn advanced on call. The 3s registered declined a Quarter nd Panama 3s registered A on call. CLOSING STOCK QUOTATIONS. Reported bv -T c Wllsnn Mr r r building, Portland. ' Sales. Amal Copper , . 3G,4" Am Beet Sugar. 1.000 Am Can Co .... 17.100 do preferred.. .0M Am Car & Fdy.. 1,800 Am Cotton Oil.. 2.6UO Am fc-mel & Ref 2,800 do Dref erred. . Am Sugar do Dref erred.. . Am Tel & Tel.. Am Tobacco . .. Anaconda Atl Coast Line. . T & Santa Fe do preferred.. Bait & Ohio ... Brook R Tran.. Canadian Pac .. & O & G W , N W M & St Paul.. Central Leather Chlno 13.000 ol Fuel & Iron 1.800 consol Gas D L. & W . . D & KG.. Distilling Secur. r.ne Gen Electric . t North Ore . . fit North pf ... llinois Central. nterboro Metro do preferred.. ntor Harvester. K C Southern . . Lehigh Valley.. ouis & Nash . . Mexican Central M. S P 4 S 5 M Mo. Kan & Tex Mo Pacific National Lead.. Nat Biscuit .... N Y Central . . . N Y Ont & Wes Norfolk & West North America.. Northern Pac .. Pacitic Mail Pacific T & T do preferred.. Pennsylvania ... People b Oas Reading Republic s & I.. Rock Island Co. Southern Pac . . Southern By . .. Texas Oil Union Pacific .. do preferred., nlted Rds S F. u s steel . . do preferred-. Utah Copper . . . wabasn Western Union.. 3.300 Westnie Elec . .. S.fiOO Wisconsin Cent.. 200 Total sales for the day, 626,200 shares. BONDS. WHEAT NOT AVAILABLE AT PRICES Farmers' IcVas Above Those of Buyers. MUlfred Steady. The strength of the wheat market la well maintained. FdnlfeV prices are quoted, but these are out of line with the ideas ef farmers, and there is practically no selling. The same conditions do not exist In the coarse grain markets. It is true that of ferings of oats and barley are not free, but In neither line Is there the underlying strength that there Is In wheat. Considerable quantities of oats yet re main In first hands and dealers believe that unless a better outlet can bo found a large stock will have to be carried over (nto the sew crop. Some of them are talking $20 eats for late In the season, but it is doubt lul whether they will see this low price. Mlllfeed Is holding steady. There Is some red wheat feed being offered on the mar ket and this keeps the price of the better grade from advancing, as It would otherwise do with stocks so light. Local receipts, in cars, were reported ty the Merchants Exchange as follows: Wheat. Bar. Fir. Oats. Hay, Monday 85 9 24 7 17 Tuesdav 39 . . . . 2 -Wednesday 2S 11 10 2 9 Tear ago ' 4S . . 11 I 4 Season to date 122! 177 1844 1236 1740 Tear ago 1210S 161)7 1267 1141 1330 HOP BIDS OF 52 CENTS TURXED DOWN Oregon and California Growers Not Offer ing at Presefit Prices. The Inactivity of the hop market no Is not due to any lack of orders. Several dealers had their agents In the country yes terday trying to buy choice hops at 2: cents, but without success. The course of the market of late has demonstrated the brewers' need ot hops, and it looks as If ouyers would have to raise their limits cent or so in order to obtain supplies. Noth ing short of 23 cents, however, would In duce large selling. The California market la equally strong. All the weak holders have been eliminated and the remaining stocks are not available at current prices. RECEIPTS OF EGGS ARE NOT HEAVY. With Lower Prices, Consumption at Interior Points Increase. Receipt or eggs are somewhat lighter. Indicating a larger consumption In inte rior towns, which might be expected with prices lower. Locally the market is holding steady. Candled eggs are quoted at 3334 cents and rase count at 32 H J? 33 cents. Poultry receipts were fair and the demand good at firm prices. Dressed meats were slower, particularly veal, most sales being at 14 cents. There was no change in the butter skua tlon. City and country creamery prints sold sit 80 to 32V cents. Cubes were quoted at Provisions. MA. MM ir to 12-pound, lS19c: 12 to J -pound. ise19e; 14 to 18-pound. 18a lac; skinned, IS Vic; picnic, 16c; boiled, 23c. ... . -.. i (xin: , , .ui n;- iianaara, zitf 24c. DRY SALT CURED Bacon, 18Vt20o. auuii. clear DacKS, l4plttc; exports. 150 lCVic: strips, 1617V4c. iard Tierce basis: Pure, 12H013V4O; Oils. COAL OIL Barrels, 13 Vic; cases. 17 Vi -u n c. UASOLiNE Bulk. 16c; cases. 53c; motel spirit, ouiK, lee ; cases. 23c. LINSEED OIL Raw. barrels. lc; boiled. Darreis. ode; raw. cases. 60C; boiled, cases, oou. TURPENTINE In cases, 63 nC gallon. Hops, Wool and Hides. M OPS 1913 rlu. nrlme anil ehnleo 1 t ipii ro mcii, inc. PELTS Dr 10c: dry short wnnl. Te- dr. shearlings, Vx green shearlings, 10c: salted En:s, ooc rjc; sailed neavy. TbiftuOo. Hides balled hides. 12We tier nounil: salt kip. 13c; salted calf, lite; green bides. llVsc; dry hides. 28c; dry calf, 25o; salted wuhb. oc per pouua : green Dulls. 7c WOOL Valley. 14&15c: Klil.rn nr.rnii iv m. iiu MOHAIR 1913 clip, 26o per pound. I.ABCAJIA Uitl and nev. 5e nar London Wool Bales. LONDON, Jan. 21. The offerings at the wool auction sales today amounted to 11,000 Daies. Americans oougnt creasy and cross breda. Dried Fruits at New York. NEW TORK. Jan. 21. EvaDorated aDDles. quieu rruneB, iirm. readies, quiet. Cotton Market. NEW YORK. Jan. 21. Spot cotton aulet miauungs, 14. uo; ao, gulf, 13.30. Duluth Linseed Market. DULUTH. Jan. 21. Linseed, $1.50Vi ; Jan- uijp fi.to-A. may, i.u. Hops at New York. NEW YORK, Jan. 21. Hops Quiet. WAR VETERANS WILL MEET Press Club to Bo Rendezvous for He- union and Luncheon. Grand Array veterans win gather a the Press Club at 12 o'clock Saturday noon for their second monthly luncheon ana reunion. An entertainment pro gramme of unusual merit Is being pre pared. These luncheons were inaugurated a montn ago, wnen nearly mo veteran assemDiea xor their first meeting wnicn was an impromptu one. It was so successtui. However, that they hav been made monthly affairs. The idea is to set the "youngr" soldiers bette acquainted with on another and to discuss topics or iuterest to them. committee consisting of Captain James f. hnaw, i. L. I'ratt. C. A., Williams, Captain Weaver and W. II. Hendershot has charge of arrangements. l'ljing Cable Injures Man. VANCOUVER. Wash., Jan. 21. (Spe oial.) Edward Blrgfeld, 30 years old fireman for the Northern Pacific the Lewis Kiver bridge, was seriously injured today by the sudden releas of a cable. The cable, under heavy tension, strucK him under the chin knocking him to the ground. and freight situation. The decline was checked within 2 or 3 of the opening fig ures and prices rallied later on bull support. The close was firm, net 1 higher to 4 lower. Sales, 42.000. January. 9:10c; March, 9.26c; May. 9.ilc; July. 9.71c; September, 9.91c; October; O.OUc; December, lO.otic. Spot steady; Rio No. 7. 9Vic; Santos No. 4, 12Vif. Mild, quiet; Cordova, 1318o nom inal. Raw sugar, firm. Muscovado, 2.SGc; cen trifugal, 3. :-&:; molasses sugar, 2.01c; re fined, quiet. Metal Markets. NEW YORK. Jan. 21. Lead quiet, 4.05 S4.10; London, 120 7s 6d. Spelter Quiet. .205.30; London, 21 12s 6d. Copper Firm. Standard, spot to April, offerea at 14.50; electrolytic. 14.50 (jp 14. Si1; lake. 15.00 nominal; casting, 14.25 (&1 4.37 V4- Tin Firmer. Spot and January, 37.95 3S.l'5; February. 3S.O0ff3S.55; March, 38.10 ti 38.30: April. 3 8.20 w 3 8. 37 Vi. Antimony Dull. Cookson'a. 7.307.40. Iron Quiet; unchanged. Chicago Dairy Produce. CHICAGO, Jan. 21. Butter Lower. Creameries. 23i24c; to 8031c. Eggs Ixwer. Receipts, 3049 cases; at mark. cases included, 285j301.c; ordinary tirsts, 28V4l20c; firsts, 81c. Cheese Higher. Daisies 18c: twins, 37 Vi 17tc; Americas, 17 V2 3? 17 fee; long horns. ISo. SURPLUS CUT DOWN Argentine Threshing Returns Are Less Than Expected. SMALLEST ESTIMATE YET ALL LINES ARE STEADY FORMER PRICES PREVAIL AT THE STOCKYARDS. soo ' 2.366 300 r.oo 400 4, B00 SOO 4.500 S..VI0 7.300 4,700 600 1.8O0 B.4O0 2,200 1.000 200 2.000 15,1)00 1.10O 2.80O 2. K00 100 1,700 700 2"o 1.200 I). SOD 1.100 3 00 mm 2.400 3. r.oo .-.00 30 7,000 400 2.O0O .100 6.400 300 ' 7. POO 1.000 93.R0O 2.5O0 1.700 S.woo 0.10O BOO 45.000 100 200 SS.lOO 3,300 8,200 Closing High. Low. Bid. Tl, 76H 76H 27 Vi 27 Vk 27 34 :i3i 34 9"H 84 Va 94 49V4 48 49 43 41 42-4 09 CSVi 08 i 101 106 Vi 103 Vi 106 J10i 122Vi 121 1221, 244 Vi 243 'i 144 36 35 35 124V1 124 124V4 09V4 9S 98?. 99V4 99V4 !)9Vi l)5'a 94 94 1 91 U 90 PIVi 213 212; 213', 67 03 Vi 66 Ti 14?4 14 14 3S4 I33-4 133H 304 Hi. 104H 27 84 2616 41 V 40 41V, 3 3 ',4 33 33 133 134 134 390 18 lS"i 19 1S 3714 16 31 ' 30 31 147 146 146 38 3S 38 U 129 l'28Vi 12 114 114 313 154 3D--i 35 61 ; 1 'i 61 110 JOli'i 110 27 20 . 2'i 1o. 153 354 130 14 339 3 39 12I T-' 11 . mm i2 130 22 22 22 29i2 2S 20 ' 51 , 49 50 "4 127 32 12 04 'i 93 94 Vt 29 28 29 14. 104 304 304 72 71 71Va 315 114 114 29 27 28 29V4 28V, 29 86 114 113 114 124H, 3 23 124 171i 1701 170 24 24 V, 24 35 14 13 96 1)5 96 26 25 26 142 141H 142 160 159 3307, 84 R4V4 21 Vi 21 21 64 C.P.T, 4Vi 310V4 109 109 54- 33 53 3 64 f.2 63 69 68 69 H 47 46 46 . Reported by Overheck A Cooke Co., Board of Trade building, Portland. Bid. Asked. Atchison general 4s 94 90Vi Atlantic Coast Line 1st 4s 93 94 B & O gold 4s 93 94 B R T 4s 89 90 Ches & Ohio 4s 94 95 C M & St P sen 4s 103 102 Vi C R I col 4s 51 52 Cal Gaa 5s 94 Vt 94 C B Q joint 4s 93 9S Arie general 4s 75 75 Int Met 4 Vis 77 77 Louisville & Nash unl 4s 93 94 Missouri Pacific 4s.. 63 66 NYC gen SVis 83 83 N & W 1st con 4s 9i 84 Northern Pacific 4s 94 01 Oregon Short Line ref 4s flO'4 Oregon Ry Nav 4s 92 92 Pacific Tel 5s -. 99 99 Penna con 4s 100 .... Reading general 4s a...... 94 94 St L & S F ref 4s 74 74 Southern Pacific ref 4s 91 92 Southern Pacific col 4s... 92 93 Southern Railway 5s .- 104 104 Southern Railway 4s 75 75 United Railway inv 4s 58 Vnion Pacific 1st and ref 4s.... 92 .... Vnited States Steel us 101 101 West Shore 4s 92 83 Wabash 4s B8 58 V4 Westinjrhouse Elec conv 5s 92 92 Wisconsin Central 4s 87 87 T nited states 2s registered 98 99 United States 2s coupon 98 .... United States 3s registered 102V 103 United States 3s coupon 102 303 United States 4s registered 111 112 United States 4s coupon 112 .... Stocks at Boston. BOSTON, Jan. 21. Closing Quotations: .Nevaaa Con .... 16 .ipissmg Alines. 9 North Butte 28 North I,ake 2 Old Dominion... 52 . ... 1 a 63 A llotiez Amalg Copper A Z L & 8m. Arizona Com Cal &; Arizona.. 68 Cal & Hecla.-. . .425 jOsceola Centennial 16Quincy 70 20 41 Wt. Price. Good Steers Are Moved sit 97.45 Light Hogs Are Holding; at fS-05 Sheep Trade Small. There was a light run of livestock at North Portland and the market generally was featureless. . Most ox the business was in the hog di vision. Former prices ruled, the top hsld ing at $8.05, but the bulk ot salea were at S8. Three loads of good steers brought $7.45. Other sales in the cattle market were of odd lots. Sheep and lambs moves at the prices that prevailed earlier in the week. Receipts were 3 cattle. 48o hogs and 19 sheep. Shippers were: George F. Zimmerman, YamhilL 1 car hogs; F. Burnett, Mora, 1 car hogs; J. W. .Katon, Wasco, 1 car hogs; w. H. Block, McMlnnvllle. 1 car nogs; c W. Swaggart. lone, 1 car sheep; tieorge Myers, Wheatshed, 1 car cattle and hogs. The day s sale were as follows: wt pnce. 71 steers. 1 steer 1 steer 5 hogs S3 hogs 86 hogs 43 hogs 4 hogs 16 hogs 2 hogs 12 host 110 hogs 6 hogs 97 hogs 10 hogs Current local Quotation classes of livestock follow: Prime steers ............. Choice steers Medium steers Choice cows ............. Medium cows ............ Heifers Light cslves ...... Heavy calves Bulls Stags Hogs r,lht Heavy , Sh Wethers Kwes Lambs Quantity Available for Hxport May Not Exceed 64,000,000 Bushels Against 108,000,000 Lust Year Wheat Advances. CHICAGO. Jan. 21. Shrinkage worse than at any previous tlmo this season ap peared today in estimates of the Argentine exportable surplus of wheat. Prices here made a corresponding advance, and cloed steady with a gain of S c to o net. Other leading staples all finished at a loss, compared with the night before corn c to c. oats a shade to c and pro visions 2c to 10c. Revised figures from threshers brought the probable yield of wheat In Argentina down to where the margin for export would not be put at more than 64,000. 000 bushels, as aealnst 1OS.O0O.0OO bushels a year ago. The effect ot this bullish news was increased by oread that the cold wave northwest of Chi cago might spread over the Winter cron belt and cause a dangerous sudden freeze. The statement that the number of meat- producing animals on farms had decreased 5 to 7 per cent, as compared with last vear. tenaea materially to pull down the price of corn. 1 ne market made only a temporary response to early advices that the Argentine crop was tailing to maintain recent high promise. Oats weakened with corn. Sellinr from commission-houses developed as soon as prices had shown a little upturn. Provisions regained much of a decline, due to more liberal receipts of ho than ex pected. The rally came about In conse quence of the reported falling off In the total of meat-producing animals on farms. ine leading futures ranged as follows; . . 1237 7.451 1 steer ...1180 $4.00 ...1110 7.25 1 cow 1250 6.65 ...1130 6.7oi 1 calf 350 8.00 . .. 442 7.00l94 lambs ... 80 5.55 . .. 182 8.00 98 hogs .... 176 8.00 ... 140 7.93 93 hogs .... 217 8.03 . .. 137 7.25 1 hog 230 7.03 . .. SOO 7.00 1 hog 600 7.05 . .. 243 8.05 108 wethers. . 91 5.75 ... 840 7.0OI 0 hogs .... 114 7.25 . .. 369 8.00 10 hogs 310 7.23 ... 154 S.0O 15 hogs .... 230 7.25 . .. 325 7.05 10 hogs US 7.00 ...'188 8.05 69 hogs 132 8.C0 . . . 806 7.00 200 mix sheep 94 fi.25 the 23S7.60 7.00 7.25 6.73 7.00 6.25a 6.50 6.000 S.2i 6.00 6.73 S.OOtf s.00 6.00c 7.75 4.00ft S.7S 4.00 0 6.5t 7.25 S.03 6.00 7.05 5.00 5. 3.50(8! 4.63 0.00 li. Omaha Livestock JIarket. SOUTH OMAHA. Neb.. Jan. 21. Hogs Receipts, 13.000; market- higher. Heavy, 8.1 3ie S.33: light. $7.7313 8.20; pigs, $6&7.30; Dulk ot sales, ss.uu & n.ao. Cattle Receipts. S-JCO: market, higher. Native steers. $6.900: native cows and heif era. - S5.0O & 7.75 : Western steera $7 8.15; Western cows and heifers, $4.50 Gai 6.AU-. calves. gTU'iu. Sheep Receipts. 13,700; -market, steady. Yearlings. $5.75S6.90; wethers, $5.25 S 0.Ul lambs. $7.25 'a 8.10. Chicago Livestock Market. CHICAGO, Jan. 21. Cattle Receipts, 1B.O0O: market, generally steady. Beeves, $.70fS9.50; Texas steers, $6.90 & 8.10; West ern steers. $6. 25& 7.90; stockers and feeders. So.302s.iu: cows and hellers, j3.jU4;3.oD: caives. s. ouaii. Hogs Receipts; 47,000; market, slow, 5c under yesterday's average. Light. $fS.13o' 8.45: mixed. SS.20a850: heavy. $8.20S.50: rough, $S.208.30; pigs. $6.75S.15; bulk of sales, $8.3o Si S.4u. Sheep Receipts. 25,000: market, steady. Native. $4.S0fi.6; Western. $4.so6; year lings, $3,8047.15- lambs, native, $6. SO S. 10; western. $u.'.Hit s.io. FILINGS ARE REJECTED SOUTH SAXTIAM SETTLERS PRE PARE TO APPEAL CASE. Cop Ran Con Co 39)Shannon ....... 6 r, riiiie v. u u , v ouuenor ........ Franklin 8lsup & Bos Mln.. 2 HI i 1 II y 1 (III ... ClVi lllllliililtllt ...... itu Greene Cananea. 38'U S S R & M... 42 I Royalle (CopJ 21 1 do preferred... 48V Kerr Lake 4lUtah Con in Lake Copper. 9lUtah Copper Co. 53 i .a &aiie topper Winona ........ 3 Miami Copper... 23 1 Wolverine 46V Mohawk 41 Money Exchange, Etc. NEW YORK. Jan. 21. Call money steady, i-gLiz; ruling rate, z; closing -Did, lQg2. Time loans weak; 60 days. 3; DO days. 3 six months. 4. Mercantile paper, 1B: sterling ex- errange. firm; 0 days. S4.8360.; demand. $4.S640: commercial bills, $4.82. 1 Bar slver 57 c. Mexican dollars 45c Government bonds, irregular; raldroad bonds, strong. LONDON, Jan. 21. Bar silver, quiet, 26d per ounce; money, 22 per cent; rate of short bills. 3 11-16 per cent: do, three months. 3fr3 16 per cent. SAN FRANCISCOrJan. 21. Silver bars, 47c; Mexican dollars, 47c. Sterling In Loudon, 60 days, $4.83: do, sight, $4.S6. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Hay City for Vege tables, Fruits. Etc. SAN FRANCISCO, Jan. 21. The follow ing produce prices were current hore today: Cheese New, 3GlSc; Young Americas, lG17c. Fruits Apples. Bellflowers. '$1.151.50: NeVvOwns. $1.401.75; other varieties. GOo $1.05: Mexican limes, $3.50(q'4.5u; pine, apnles. $1.30.2.50: lemons, $23.50. Egss Fancy ranch, 38c; store, 35 Vic. Butter Fancy creamery, 28c; seconds, 27c Onions Nominal. Potatoes Oregon Burbanks, $1.251.50; River Delta whites. 75c 0-1.30; Salinas Bur banks, nominal; sweets, $1.25;a'1.63. Vegetables Cucumbers, nominal; green peas, loISc; string beans, nominal; egg plant. Southern, 8(5-10c. Receipts Flour, 1S86: barley, r,2S5 cen tals; potatoes. 5253 sacks; hay 254 tons. Coffee and Sugar. NEW YORK, .Jan. 21. A Rio failure re ported this morning was said to have oc curred some days aso, but the coffee mar ket opened steady at a decline of 9 to 17 under scattering liquidation. Inspired by continued heavy Brazilian receipts, lower European cables, and reports of easier coat Ruling; From Portland Land Office Affects 70 Homesteaders Who "Camped" In ISuildlns. FOSTER, Or., Jan. 21. (Special.) Notices 'of rejection have just been re ceived by the 70 homesteaders in Town ship 12 south, rangre 4 east, in the South Santiam country, from tho I!eg ister and Receiver of the Portland Land orrice. The applications were made upon the publication of the notice that their township would be open for "application"- for filing: on December 22, when the settlers "camped" at the Land Office in Port land in order to file. The Portland Land Office officials received the "applications for filing-. together with the $15 customary filing lee. The South Santiam settlers have 30 days in which to appeal their case to the General Land Commissioner in "Wash lngton, D. C, and an appeal will be made. The "12-4" homesteaders are appealing- their case upon the merits of their rights to the lands, and it is their intention to fight the Northern Pacific Company, which claims lieu script on Township "12-4. The North ern Pacific placed lieu scrip on the township in 1899, having relinquished lands In the Rainier National Park district in washing-ton to the Govern ment. In November, 1911, the settlers begran to squat upon their claims, and in 60 days nearly every quarter section in the whole township was occupied Dy settlers. ,it was upon a decision handed down by Secretary of the In tenor Fisher,' in the "Hyde case" in California, which gave some settlers on Northern Pacific lieu scrip lands thei claims, which influenced the "12-4" setters to take up their lands. In their two years of homesteading: every settler on the disputed lands has made substantial improvements. Near ly all the homesteaders have cleared some of their land and large gardens are cultivated. LADD &TILTON BANK Established 1859. Capital $1,000,000 Surplus l.OOO.OOO Commercial and Savings Accounts OFFICERS. w- M. Ladd. President. Robert S. Howard. Asst. Cashier. Kdward Cookingham, Vlc-Pre. J. W Ladd, Asst. Cashier. W. H. Duncitley. Cashier. Walter M. Cook, Asst. Cashier. Corner Washington and Third Streets, First Nationai Bank Capital $1,500,000 Surplus $1,000,000 Oldest National Bank West of the Rocky Mountains CORNER FIRST AND WASHINGTON STS. May July May July WHEAT. Open. High. .91 . .2 ... .S75 .88 COR2. -60S Low. -l .ST Clnae. .82 .83 Vt .64 .C5 May July May May .394 .89H -64 OAT3. .39 Vt .39 .39 Vi .S8i MESS PORK. 21.72V 21.75 21.C2V4 LARD. 11.27V4 11.30 11.23 SHORT RIB9. May 11.65 11.70 11.60 Cash prices were: Corn. No. 3. 68 V, IS SlUe: Xn 6mj75Vsc; Xo. I yellow, 60Slc. KJ -No. 2. 61c; barley, 50(S7c Timothy $3. 75 5.25. Clover J11.76(S 14.50. European Grata Markets. l,kj?dJS. Jan. il. Cargoes on nauaie. umo inquiry. Enelisn country markets, steady. French country markets, firm. LIVERPOOL, Jan. 21. Wheat Spot firm, futures steady. March, 7s 2Vd; May, 7s July, 7s ld. .SH .64 Vi .3914 38 v 21.72Vi 11.30 1167 Vi white. Minneapolis Grain Market. MINNEAPOLIS, Jan. 21. Wheat No. 1 hard, 8yvic: No. 1 Northern, 8USp!j7ic; No. 2 Northern, S3Ti80Tic; No. 3 wheat, 8lTiS3c; May, &7 s7 Tic; . July. t)W ttf 8y ij c. f lour Fancy patents. 4.55; first clears. $3.ii5: second clears, $2.Su. Barley 48 3' 68c. flax $1.47 jj tyl.no.. San Francisco Grain Market. SAN FRANCISCO. Jan. 21. Soot Quota tions: Walla Walla, SI. 05 q, 1.56 V4 ; red Rus sian, (1. 63 (jj 1.66; Turkey red, 1.5,5(f 1.57'j bluestem, $1.60 &1.62',i ; teed barley. J1.22V-l-25; brewing, barley, nominal; white oats". C1.40ig1.41vi; bran,$23a;24; middlings. $30 WW. at, vi .0, - 4,. .!.. '. Call board sales Wheat, steady. Barley. uecemDer. 11.1714 bid, Jl.ls asked; May, Pnset Sound Wheat Markets. . s-aixle, wash., Jan. 21. Wheat Blue- stem, oftc; lortyioia, S1V4C; club, 87c: fife, 87c; red Russian, 8ttc. Yesterday's car receipts Wheat, 16; oats. TACOMA, Wash., Jan. 21 Wheat Blue- biciu. woe; lortyioia, c; cluh and red llus sian, 8tic. Yesterday's car receipts Wheat, 40; corn. EXTENSION OF LINES ASKED Residents of Banks Petition United Railways President. Residents of Banks, a town in Wash ington County, have petitioned Is. C. Gilman, president of the United Rail ways, to extend that road from Wilkes boro, its present terminus, to Banks, less than two miles west. A committee called on President Gil man a few days ago. He promised to give the subject attention, although he says he came so recently Into office that he is not familiar with the situation. Tho United Kailways project pro vides for extension of the road event ually to Tillamook, although the Tilla mook end has been abandoned tempor arily. Banks is on the surveyed right of way between AVilkesboro and Tilla mook. Most of the right of way has been secured and about three-fourths of a mile has been graded. The Banks people declare that they control enough traffic to justify exten sion of the road. Our Central Location Is an important factor to our patrons. The convenience and saving of time must appeal to every business man. Prompt attention, courteous treatment, superior facilities and accessibility of officers. A high-class service in every department at the command of every customer. 4 Per Cent Interest Paid on Savings Deposits Merchants National Bank Under Government Supervision. Founded 1886 Washington and Fourth Streets v fell M Will UU ALSO Li llilM SOUTH AMERICA Triple Screw PANAMA CANAL Newest Steamer in the Trade " 14,892 ft ?! MW 4 MMliv TONS z& Dcxys January 31 7S uPw&rd Other Cruises M&rch -4 esnd April 4 16 to 28 D&x-s $145 tol75 lp 'White Star Line- 619 s0raiArgen?rttle' . BS9S Compsk&nie Generate Tr&nsatlantKjue DAILY METEOROLOGICAI, REPORT. PORTLAND. Jan. 21. Maximum tempera ture, u3 degrees; minimum. 39 degrees. River reading, 8 A. M.. 4.8 feet; changa in last 24 hours, .2 toot rise. Total rainfall 5 P. M. to 5 P. M.). 1.45 Inches; total since September 1, 1K13, 23.14 inches: normal. 23.77 inches; deficiency, .63 inch. Total sun shine, none; possible, 9 hour 15 minutes. Barometer (reduced to sea level) at 5 P. M., 23.49 Inches. x THE! "WEATHER. STATIONS. Wind Stats of weather APP01MTMEMT IS WANTED George Rac Asks to Be Administra tor of Wife's Estate. George Kae yesterday filed a peti tion In County Clerk Coffey's office re questing that he be appointed adminis trator of the estate of his wife, Char lotte Rae, who died, intestate in Mai ion County January 13. She left an estate valued at approximately J25.0GO. She was survived by her husband, the peti tioner. Maud Emerson, an adopted daughter who is in Paris, and Mrs. Edna Hatfield, a daughter. The report ot the appraisers of the estate of Harry B. Edwards, who died early in December, was filed yestorday showing the estate to bo worth atorox lmately 1 11,198.03. one thousand shares of stock in tha Edwards Com pany is appraised at ?60.000. ai.d l'ea! estate held by him at the time of his death- is valued at $50,000. Buker Koise ......... Boston ....... Calgary Chicago Denver ....... Des Moines ... Duluth Galveston .... Helena Jacksonville . . . Kansas City .. Laurier l.os Angeles Marshfield . . Medford Montreal New Orleans . . New York North Head -. . North Yakima Pendleton Phoenix Pocatello Portland Rosehurg ..... Sacramento - . . St. J, ouis Et. Paul Salt Lake San Francisco . spohana Tacoma Tatoosh Island Walla Walla . . Washington ... Winnipeg- 12 0.:I61S SW jP.ain 44 0. 32 I'J PE Kain 24i0.7S 4 V Snow ti O.oti 4 K iPt. cloudy 26 0.04! SiNWiSnow 46 0. 001 4'SB iCloudy 2410.00' SNW'Snow 1010.00 20 NW 60-0.00 28 0.0 6410.14 34i0.00 34 0.17 62iO.OO .-.4 1.4-1 46 O.C 4(W 4'NW' bnw 4 NVV 4lNE 6(W 20'tiW 18 SB 8i0.3O:l4;NE 60 0.00 4'NW 44 0.82!4S:'NW 4S 0.42 84 S Clear Pt. cloudy Cloudy Clear Clear Snow Cloudy Kain Rain Clear Clear Clear Rain Snow Snow Clear Cloudy n. cloudy 38 0.64 6'W 36'0.64 6'W 8'0.00 4IW 86 0.00 4 FE 3SI1.43 12;SE 54 0.7i 4 SW ICloudy !HO.Z4 18 SE Rain 34i0.00l 4!NW'CIear 10 0.00 4!NWClear 42,0.00 S;SE Olondy 34iO.54!10'a Rain 36 0.40 4!E Snow 42IO. ,-iS 10IN .Rain 42!o.42'2fl!E Rain 50'0.3fl!10SW 'Rain DOiO.OO'241NWClear '0.O0 4;w Clear Direct Line to Havre-Paris (trance). -Sailings from New York every Wednesday. 10 A. M. La Savoie, Wed-, January 28 tH NEXT SAILING -RANCE new).Feb. 4 LA SAVOIE ...Feb. 18 L. PKOVKM'E Mar.4 LA PKOVENCEFeu.il LA TOLRAINE Feb.'iS LA LORRAINE Mar. 11 Twin-screw steamer. tcjuadruple-efrevv siaiiur. SPECIAL 3ATH-UAY SAII.INC.S IHOM NEW YORK. S P. M. ONE CUASS CABIN (II) and THIKD-CI.AtiS PassteiiRers Only. ROCHAMBEAU Jan. St 'CHICAGO Feb. It C W. Stinger, 80 6th St.; A. D. .Charlton. 333 Morrison t.; K. M. Taylor. V M St. P. Rv.: lorsev B. Smith. a 5th St.: A. '. Sheldon. 100 Sd St.; II Dickson. 34ft Washington St.; Ttorth Dunk Road, 5tu and Stark sts.; E. I . iauier, agent t-oiou 11 'v. erately high pressure obtains over the Southern Slates, and the Upper Mississippi and Missouri Valleys. Precipitation nas oc curred on the north and central portions ot the Pacific Slope. In the Northern Rock Mountain States and in most of the states east of the Mississippi River. The weather is cooler In the Mississippi Valley and lake region and on the Appalachian highlands. It Is somewhat warmer In Oregon. Northern Colorado. Kansas, Oklahoma and Northern Texas. The conditions are favorable for rain Thursday In Western Oregon and Western Washington and tor ruin or snow east of the Cascade Mountains. Southwest to west winds will obtain. On account of the heavy rains In the Willamette Valley and the moderate rains with higher temperatures alonir the lower Columbia, the Willamette River will rise quite rapidly for the next two or three days. Should conditions war rant special observations from river observ ers will be called for. Ttiow Interested It's up to Y o u to insist on Bitulithic made strictly in accord ance with the latest sci entific methods. WEATHER CONDITIONS. The North Pacific it-orm ha.s increased in Intensity and Is moving rapidly southeast ward. 'Warnings were continued at Marsh f.eld, changed to southwest at the mouth of tho Co.unibia and extended to cover Western Washington neaportH at 6:50 P. M. today. The wind was blowing 34 miles an hour from tho south at 5 P. M. at North Head and a maximum velocity of 42 miles south liad occurred there during the afternoon. The K astern storm is moving rapidly out to sea off the North Atlantic Coast. Mod- J.C.WILSON&CO. blOCfaLj. iOND8. GRAIN AND CO 11 OA. HIMBEBS NEW YORK STOCK EXCHANGE. CHICAGO BOAKD OF TRADE. NJS.W YORK COX I OH EXCHANGE. rail STOCK AMr BOND EXCUANGK SAN lTKAJiiClSCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120. A 41S7. STOl 5 INCORPORATIO CON8UUTINQ and . CONSTRUCTION ENGINEERS PUBLIC SERVICE PROPERTIES FINANCED and MANAGED HI Pino Straat NuaiVnilt rWiWyswrsssmri-sh mtmn can obtain Information by telephone at any time by calling up the local Weather Bureau Office. . FORECASTS. Portland and' vicinity Kain; southerly winds. Oregon and Washington Kain west, rain or inuw east portion; south to sonthwes: winds, brisk to hih near the coast. Idaho Rain or snow. THEODORR V. DRAKK. Aftinir liKlrit Koret-aMer. TRAVELERS (,l IDE. TO S.1N FRAX( ISK). I OS AXtitLCS AND SAN mr.tio S. S. ROANOKE TVEINKMAV. JAN. S8. COOS DAY AND ELKEKA S. S. ALLIANCE SATURDAY. JAN. 24. 6 P. M. NORTH PACIFIC STEAMSHIP CO. I22-A THIRD STKEKT I-hones Main and A 1314. AUSTRALIA TAHITI AND NEW ZEALAND. Round Trio Bates: 1st clue to Tahftt $133. to Wellington .4?.&0, to bydjtey (-99. Special Facifl Ocmb Tour (including South Ses Isles) to Sydney via TctalU. Raro tonga and New Zealand and returning to San Francisco (or Vancouver) via Auckland. Fiji or Samoa and Honolulu. $35. 1st class. Stop-overs any point, good one year Sail ing. from San Francisco, Feb. 4, Mar. 4. April 1. etc. Union Strmnnhlp Co. of New ZeaJaad. Ltd Office: 679 Market Street. San Francisco. BAHIA, SANTOS. MONTEVIDEO BCFNOS AYRF.S and HO A TTTO Jfew and Fart Os.&'O ton) Pawer-gAr 8u;uers from New York every alternate Saturday. For rste, etc.. apply focal ticket Agenu. or BL'SK DANIELS, (ienersl Acnta, 9l1 Produce Kxrhangf, Nptt York t3S- EXPRESS STEAMERS FOR Saa 1'ranrisco and Los Angel WITHOIT CHANGE. S. S. BEAVER falls 4 1'. M. Jan. 26. ROSE CITY, Jan. SI. THE SAN FRANCISCO PORTLAND S. CO. Ticket Office. 3d and M'a&hlnc ton. with O.-W. R. A N. Co. Pbone Marshall 4500. A 6121. COOS BAY LINE. Steamship Breakwater Sails from Ainsworth dock. Portland, at 8 P. M. every Tuesday evening. Freight re reived until 12 O'CLOCK (XOOX) ON SAIL. INCr DAY. Passenger tare: First-class. $10; second-clues iraen only), $7, Including berth and meals. Ticket office at LOWlCK AINSWORTH DOCK. PORTLAND & COOS BAY STEAMSHIP 1.1NF1. L. U. KKATINO. Agent. Phones Main S600. A 2S32.