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.