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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 6, 1914)
THE 3IORXING OREGOXIAy, FRIDAY, FEBRUARY 6, 1914. 19 NIOS TURNED 001 Farmers Not Interested in Present Wheat Prices. WANT LAST WEEK'S LIMIT I'o-.ltion of Xortliwestern Market Regarded as Sound by Grain Holders Possibility of Short age Before New Crof Conies. There ia some demand for -wheat, but farmers ara not Interested in the prices in dicated by dealers this week. Tho latter arc cuottn club at 6S cnta. forty-fold at i8 cents and bluestem at OS cents. Theee prices do not compare with those offered -by - few speculators last week and as the xtreme bids are not repeated, trading has nearly come to a stop ugatn. The temporary lull In operations has caused no uneasineea on the part of hold rs. The supply of wheat left In tho Pa elUo KorthMt im m small that it would not taka much of a movement to clean up the, surplus and efforts to buy freely would tnean a rising market. Shipment of wheat and flour to all point from the North Pacific Coast to Feb. ruary 1 amounted to 27.822,084 bushel and the total by March 1 will easily be 30,000, liuo bushels. The crop waa about 65,000, OO bushels and allowing 20,000.000 for horns requirements of all kinds leaves but COOO.OOO bushels to go on durlns the re maining five montba of the year. Of this quantity California win need 3,000,000 and possibly 4,000.000 bushels. It Is not cer tain how much will go to the Orient, but If rates ara cut another dollar to the $2 basis, as now seems probable, It will likely simulate business in that direction Th.r I be 14 or 15 steamers, including tho big Minnesota, out !n March and shippers be f Have rates will have to be cut to the min- lmum to rive them respectable cargoes. I Tho weakness of tho market for freights 1 to Europe Is another factor that is being considered. It Is reported that steamers can be had at 27s fld and this may lead to a resumptlou of business, though necessarily on a small scale, for old crop loading. A more remote possib?:lty is the Mexican market. Already the.o have been a num ber of Inquiries from that quarter, but, of course, they cou!d not be considered. If 1'ear-e is established soon, however, and Mexican buyers find a way to finance the 1h)mIihs. they are likely to call on tho trade 1ler, for supplies. Taken altogether the position of the mur- '- l tukeu by wheat holders to he an en tirely souiut one and therefore they are wlll '"? to hold on and see what the future briusH forth. A few of them may be shaken out before lx time, but the bulk of tile Buuuly iipp- ars to be In very strong hands. Kxport flour trade at the moment ts liin l'e,l. A few orders are coming a!ong. but i hey arc of small size. As Is the caae xl'li wheat, tho market is a waiting one an.i much depends on what the steamship companies doe. In the feed grains trade ia almost stag nant. Barley, especially. Is weak and the demand for oats Is light. Hay Is quiet and steady. Local receipts, in cars, were reported by ma .amnsnii r.xcnanuo as follows: Wheat Karley Flour oats Hay -uonaay a n 3 20 i urMitiy o . "Wednesday . . 4o 7 7 Thursday .... i v.! Tear aso .... ."J 1 13 fiea'n to date.l'J.S.H 1327 17.11 Voar ago . ...12.7HS 1711 1372 12 li n 1 S!Mt 1.IS0 (1 1 4 J2!2 11B1 fcMAXLi srrrxY of hides in world Bcarclty Causes Strong; Markets In All Sec tions. The hide market Is a strong proposition all around. When tho poor quality of the hides now coming In and the good prices they realize are taken into consideration it certainly looks as If a higher level of values will prevail when the better class of hides begin coming forward In tho Spring. The local market Is quiet, as supplies are limited. Ptocks everywhere are light and It la this fact, together with the Improved Industrial condition the country over, that ta responsible for the stronger tone of all Anioricau markets. In the Eastern markets prices were firmly maintained In the past week and packers old poor quality midwinter mora freely than usual. Similar conditions ruled In country hides. The present high level of values in raw hides and finished leather shows every in dication of being maintained during this year and the small supplies of cattle hides, both at home and abroad, seem to be de veloping a still further decrease rather than a alight Increase, as had been hoped for by tanners. The last Government figures of Importa tions of foreign cattle hides gave a falling off of 10.6S0.163 pounds, or about 32 per cent, for November. 1013, as compared with November. 1912. 1 The decrease In imports for the 11 months ending November 30 was 75.T57.02S pounds, the totals being 275,186 -TOO pounds for 1913 and 199.4BH.707 pounds in 1913. Reliable statistics as to the supply of do meatio hides are difficult to obtain During the first three weeks of January the slaugh ter at 11 of the principal packing points of the West showed a falling off of about 15 per cent from the first three weeks of Jan uary. 1013. At th lo. -n. . - nnaiBrn packing centers tho number of cattle re ceived for slaughter and shipment during mo urai tnree weeka or January of last year IV '0'""" neaa ana lor tho three weeks "this January 080,000 head, a decrease of 7S.0OO head. Market conditions of late have apparently reflected the above conditions. Usually at this season of the year there is a weak and declining market, owing to the fact that midwinter hides are of poor quality and consequently avoided as much as possible by tanners, but tho opposite of this Is the ease at present. During the latter end of WIS prices began to decline on both packer in! country hides, but during January allies have been steadily recovering and at present tanners are paying higher rates for poor quality hides than they did a month KO for choice Fall mock. So leather hides all over the world have l.en especially strong of late and advances I'l China, India, etc., have been quite gen eral. MOICK BIMNKNS PASSING IX HOPS Over 10OO Hales Change Hand in Oregon una 1 ulirornla. in Day. The first deal In the Oregon hop market tnis weeK was reported yesterday, the pur chase by Seavey & Johnson of 400 bales from tleorgo L. Hose, of Salem. The prices paid wero 04 and 203 cents. Business was also more active on the Cal ifornia market, for. according to a wire received, Richardson bought 6SO bales of the eraser & Rooney crop in Butte Count-? at 18 cents. One hundred bales of tho same crop was bought two weeks ago at th same price, which Indicates that values In tne southern state are being well mai talned. Hops Held In Woodbnm Section. "WOODBTTRN. Or.. Feb. 5. (Special.! The hop market has been a quiet one In this action during the past SO days. Stocks In rvowers hands are considerably In excess Lft the holdings of February. 1013. An ac- curate eneck on the holdings In North Ma rlon County, which Includes the SHverton. Mount Angel, Qervals. Woodburn. Aurora aod St. Paul sections, shows 687S bales still unsold, which Is considered heavy for this section at this period. This does not ln rlude dealers' stocks In warehouses. Offers 4 loo tnt tha 00m In g crop on contrast were reported ten days ago, but the demand has apparently subsided. It Is reported here today that Aral Broth ers, of Fairfield, sold their crop of hops, con sisting of 153 bales, to Charles M- Werner at 11 cents per pound. Hgg Market Holds Firm. The egg market held firm yesterday at 34a5 tents. . Receipts were liberal, but cleaned up completely. The local demand waa good, and Seattle took care of the surplus. As long as the northern buying continues, prlceB will hold up here. Poultry was in fair supply aud was gen erally firm. ressed meats were steady. No changes were reported In the dairy produce markets. Storage Apples Moving Well. California vegetables are not coming for ward as freely as expected. The car of cel ery received yesterday cleaned up promptly at firm prices. Another car is due today. Cheap-priced apples are about off the mar ket and storage stock Is moving better. Orange sales are large. An additional sup ply will arrive on tho steamer. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland tl,7S0.5;t S2HS,f)t3 Seattle l,73H,r,0'J 120.1O3 Taeoma 4i-8.nQ0 CO.Itat Spokane 759,351 124,b5 PORTLAND MARKET QUOTATIONS. Grain, Flour, Feed. Etc. WHEAT Track prices: Club, S889c: bluestem, 9SO0c; forty-fold, 8c; red Rus sian, 87c; valley, 90c OATd No. 1 white, milling, $24.00 23 per ton. CORN Whole. $35: cracked, J38 per ton. BAKLEY Feed, per ton; brewing, $24; rolled. 25. FLOUR Patents, $4.60 per barrel; straights, $4; exports, $3.tto3.80; valley, S4.60; graham. (4.CU; whole wheat. $4.80. HAT No. 1 Eastern Oregon timothy, SltS.50; mixed timothy, $14.00; alfalfa, $14; clover, $((! 10; valley, grain hay, $12 013.50. M1L.LFEED Bran, $21.50 per ton; shorts, $23.50; middlings. JMifSO. Fruits and Vegetables. lineal Jobbing quotations: TROPICAL FRUITS Oranses. navels. $2.2uft.2.75 per box; lemons, $3.50(4.50 per box; pineapples, 6c per pound; bananas, ic per pound; tangerines, $1.75 per box; grape fruit, California, $3.50; Florida, $4 75 & 5. 75 per box. VEGETABLE Cauliflower. $1.15 J1.2B per dozen; cucumbers, $1.50(1-75 per dozen; eRpIant, 106i)15c per pound; pep pers. JU(ttl21-e ner nound: radishes 35c per dozen; head lettuce, $2.50 per crato; garlic, 12'ie per pound; sprouts, 8fr)10o per pound; artichokes, $2 per dozen; squash, 1 a 2 Vi c ; celery. $3.50 per crate; to matoes, California, $2.25; Cuban, $4 per crate; hothouse lettuce, 50 75c per box; spinach, 7541.800 per crate; horseradish, 85 10c; rhubarb. 12"i15c per pound. GREEN FRUIT Apples, 75c(s$2.25 per box: grapes, Malagas, $7 30'g.O per keg; Em perors. $4 per keg; cranberries, $12'312.50 per barrel; pears. $1)5.1.50. ONIONS Oregon, $3.50 per sack; buying rl,-e. $393.25 per sack at shipping points. I'OTATOKS Oregon. 80c&$1.00 per hun dred; buying price. B0'O0c at shipping points; sweet potatoes. $2.50 per crate. SACK VEGETABT,ES Turnips, $1; car rots, $1; parsnips, $1; beets, $1. Dairy and Country Produce. Local Jobbing quotations: EGGS Oregon fresh ranch, 34 35c per dozen. POULTRY Hens. l6'iW17c; Springs. 1814 &17c; turkeys, live. 200 21c; drersed, choice, 24 ;i 25c : ducks, 144f l8c; geese, 12(&;12ic. CHK1CS13 Oregon triplets. -OTc: Daisies, nominal; Young Americas, nominal. 1 (UTTER Creamery prints. extras, lt4 32Hc pound; cubes, 30c per pound. PORK Fancy, lO'-c per pound. VEAL Fancy. llrifl-IVjc per pound. Staple Groceries. Local Jobbing quotations: SALMON Columbia River, one-pound talis, $2.25 per dozen; half-pound flats, $1.4o; one-pound flats, $2.45; Alaska, pink, one-pounri talis, 85c; silversldes, one-pound talis. $1.23. HONEY Choice, $3.40'S'3.50 per case. NUTS Walnuts. 14!f;:Oc per pound; Brazil nuts, 20c; filberts. 1413c: almonds, IHCg 23c; peanuts, oitfSc; cocoanuts, $1 per dozen; chestnuts, BCu' lOo per pound; pe cans. 14(ffloc. HEAXS Small white, 8c; large white, 4.!H)e; Lima, H.30c; pink, 4Hc; Mexican, 5-c; bayou, oic. SUGAR Fruit and berry. $4.00; Honolulu plantation, $4.85; beet. $4.70; extra C, $4.40; powdered, barrels, $5.15. COFFEE Roasted, In drums, 18(i52c per pound. SALT Granulated, $14.00 per ton; half ground, 100s, $10.25 per ton;. 00s, $11 per ton; dairy, $12.50 per ton. RICE No. 1 Japan, 5(g)5c; cheaper grades, 4Ho; Southern head, r,is6c. DRIED FRUITS Apples, 10o per pound; apricots, 12il4c; peaches. 8llc; prunes, Italians, Sftldc; currants, '.4c; ,-alsins, loose. Muscatel, 6 ti (iy 7 c ; bleached Thomp son, 11-c; unbleached Sultanas, 6c; seed ed, 9c; dates, Persian, 77&c per pound; fard, $1.40 per box. FIGS Package. 6 oz.. B0 to box. $1.85; package, 10 oz., 12 to box, 80c; white, 25-Ib box, $1.75; black, 25-lb. box, $1.75; black, SO-lb. box, $2.50; black, 10-lb. box. $1.15; Calarab candy figs. 20-lb. box, $3; Smyrna, per box $1.50. Provisions. HAMS 10 to 12-pound. lS10c- 12 to 14-pound. 18 C-siaHc: 14 to 18-pound. 18619c; skinned, lSjic; picnic, 16c; boiled, 22 c. BACON Fancy, 2627c; standard, 21 24c. DRY SALT CURED Bacon, 18H20c; short clear backs, 14 3116c; exports. 15(8 16c; strips, 10 y 17 He. LARD Tierce basis: Pure, 12K131&c; compound, lOsC, Oils. COAL OIL Barrels, 13Hc; cases. 174 GASOLINE Bulk. 10c; cases, 23c; motor spirit, bulk. 16c; cases. 23c. LINSEED OIL Raw. barrels, 61; boiled, barrels, t3c: raw, cases, 00c; boiled, cases. CSc. TURPENTINE In case, 6Sc per gallon; tanks, 61c Hope,. Wool and li idea, HOPS 1913 crop, prime and choice, 20 U '-lc: 1914 contracts, 16c. PELTS Dry, luc; dry short wool, 7c; dry sheariiiBs, 10c; green shearings, 10c; salted lights. 07.")o; salted heavy, 70'a)90c. HIDES Salted hides, 12c per pound; salt kip. 13c; salted calf, JOc; ereen hides. 11 He; dry hides, 23c; dry calf, 25c; salted buils. 8c per pound; green bulls, 7c. WOOL Valley, 14fel5c; Eastern Oregon. 10 15c. MOHAIR 1913 clip. 26c per pound. CASCARA BARK Old and new. 5c per pound. Chicago Dulry Produce. CHICAGO. Feb. . Butter Unsettled Creameries, 21 H s-27c. Eggs Irregular. Receipts. 7757 cases; at mark, cases Included. 24 Vfc iti 25 c ; ordinary nrstB, 24fe 6. 2."e: firsts. 25c. Cheese Unchanged. ' Ijondon Sheepskins Sale. LONDON, Feb. 5. A sale of sheepskins today drew a large attendance. The 6400 bales offered were in active demand at prices unchanged to 5 per cent advance. Ameri cans bought a few crossbreds. Duluth I.lnneed Market. DULUTH. Feb. 5. Linseed, $1.484; May. $1.51 ; July. $1.531. " PHONE RATES CONSIDERED Council at St. Johns to Investigate Company's Franchise. ST. JOHNS Or.. Feb. 5. (Special.) Councilmen Vincent and Garlick were appointed last night at the meeting of the Council to act with City Attorney Gatzmyer in investigating; the tele phone rates In St. Johns to ascertain if they conform to the company's fran chise. C. H. Boyd, chairman of the citizens' park committee, recommended that the park site and park bond question be submitted to a special election In June. He contended "that this will give the people better opportunity to consider the question. The Council deferred ac tion until next meeting-. A remonstrance signed by 28 prop erty owners against paving Willamette boulevard was referred to the City At torney. Eight bids were received for this improvement. An automobile be longing to L. Olhus was reported se cured to haul the fire apparatus to fires at $S per time. Deeds from prop erty owners were received for the open ing of Burr street to a width of 60 feet. L NEEDS! Leading Railroads Are Expect ed to Enter Market. FUNDS ARE NOW AVAILABLE Southern Pacific Preparing to Put Out Issue or Thirty Millions Convertibles Trend of Bond Values Upward. NEW YORK, Feb. 6. The trend of the stock market today was downward, but the movement was slow and hesitating, and the average change was small. There was no sign of the vigorous professional operations and outside buying which arten'ded the recent advance. The market drifted Idly. Having discounted in the rise which be gan last year the improvement that has since occurred In monetary and business con ditions, tho market has come almost to a standstill, pending new influences of suf ficient Importance to give direction to specu lation, Tho improvement in the Investment mar ket has been such that some of the principal railroads are expected soon to enter the mar ket for new capital. It was reported today that the Southern Pacific would put out an issue of $30,000,000 convertibles. Although this report met with dental. It was learned that the directors were contemplating some such action In the near- future. The bond market moved uncertainly, with a preponderance ot slight gains. Total sales par value. $4,415,000. United States 2s reg istered advanced H. Panama 2s i and Panama 8s registered 4 on call. United States 3s coupon declined 14. ; CLOSING STOCK QUOTATIONS Reuorted by J. c. Wilson & Co., Lewis building, Portland. Closing . , Sales. High. Low. Bid. Amal Copper .. ls.400 7Ji 76 77 Am Beet Sugar. loo 27 27 2u4 Am Can Co ... 2.2O0 au-Ti 81 1 do preferred. . 7nj 11314 K! 8 ii Am Car Ac Fdy. 70 53 j2Vi 02 Am Cotton Oil.. HH 4.1 43'i 4374 Am Smel & Ref l,2in. 70 , 6!4 do preferred.. 200 104 103 Vj 103 ' Am Sugar 20O 107 H 107 H 107 V. Am Tei & Tel.. 2.50O 121 VJu'l 1-114 Am Tobacco COO 24s 24'3 246 Anaconda 1.5UO 38 37 V 37 H Atl Coast Line.. 20J 124 j 124 H, 124 H A T & Santa Fe 800 WJ US&i 08 do preferred .' . loo1. Bait & Ohio ... 1,10ft (Mti 1141 j 1)414 Brook R Iran.. 1,000 2 U HI i li Canadian Pac . , 210 217 2174 S ? , 20( 00 6UI3 6Ms C & O 1;J1, C i N W 200 13' 1844 184 4 . -M ft Paul 2,500 H'.-.Vs lost, 106H Central Leather 2,500 20"). 30V Central- of N J " 305 Chino lO.riOO 43 7i 42, 43 Col Fuel &. Iron 2,50o 34 1.5 33 Vi 33 i Consol C.as 400 ISO' 135t, 136 D L W ; . ai)5 d t k r, is Distilling Securl 1.700 10 18 18 Krlo C.500 31 31 31 General Elec ..... 1471 Gt North Ore .. S00 SSt-i 374 374 (it North pf ... 0,i0O 134H 1S3S 133. Illinois Central. 80O 1147, 114'i 114H lnterboro Met.. 20O 15-Si 154 154 do preferred.. I.60O. 62 1, 63 ? 61 Iv C Southern.. 100 ' 27 27 2 Ti Lehigh Valley.. 2.foi l.-4t4 15:t4 153 Louis & Nash... 300 138 14 13S 138 u. Mexican Central 100 12, 12Ts 12i M, S P & S tS M 700 137 136V4 135 Mo, Kan & Tex. 1.O0O 23 22 22Mi .Mo Paciflc 1,000 2ii 27 27 National Lead.. lOO 411-V 4! 404 National Biscuit SOU 13& 137 138 do preferred. ..... 123 N Y Central 3,700 94 "4 i3 N Y, Ont & Wea 100 80 30 30; Norfolk & West POO 105 104 104 Northern Pac .. 1,100 117 117 117 Pacific Mail 26 Pae T 4c T pf J.7 Pennsylvania ... 4,000 113 112 112 People's Gas ... (0 123 123 123 Reading 33,500 1!S 17 167 Republic S I. 40O 20 25 25 Rock Island Co. 10,400 0 H y Southern Pac .. 15, POO 8 H7 88 Southern Ry ... 1.20O 27 27 274 Texas Oil 500 146 145 145 Union Pacific .. 1S.RO0 163 162 162 do preferred.. 500 85 85 S5 United Rds s P '21 U S Steel Cor .. B8.300 08 65 65 do preferred.. 70O 111 111 110 Utah Copper ... 2.000 55 55 65 Wabash 300 3 2T4 2 Western Union.. 20O 63 63 63 Westing Elec .. 700 71 71 71 Wisconsin Cent- 45 Total sales for the day, 342.S00 shares. BONDS. Reported by Overbeck Sc Cooke Co., Board of Trade building. Portland. Bid. Asked. Atchison general 4s H5 95 Atlantlo Coast Line 1st 4s 04 5 B & O gold 4S t5 B R T 4s 01 li Cbea & Ohio 4a 7 8 C M & St P gen 4s 103 103 C K I col 4 47 47 Cul Gas 5s 4 C9 C B Q Joint 4s..-. 97 97 Erie general 4s 75 76 Int Met 4s 78 78 Louisville & Nashvlle unl 4s... 95 96 Missouri Pacific 4S 66 .... NYC gen 3s 63 84 N & W 1st con 4b 94 94 Northern Pacific 4s !3 96 Oregon Short Line ref 4s 83 94 Oregon Railway Nav 4s 93 93 Pacific Tel 5s 1.0 98 08 Peuna con 4s 90 100 ! Reading general 4s 95 95 St L & S F ref 4s 78 78 Southern Pacific ref 4s 92 93 Southern Pacific col 4s 01 93 Southern Railway 5s RV; 105 Southern Railway 4s 75 76 United Railway lnv 4s 59 60 I Union Pacific 1st and ref 4s.... 93 93 United States Steel 5s 102 102 West Shore 4s 93 93'. Wabash 4s 6rt 61 Wisconsin Central 4s 89 S9 Stocks at Boston. BOSTON, Feb. 5. Closing quotations: Allouez 28 .Nevada con 16 Amaiff Copper.. 77 !Niplssing Mines. 6 A V. L & Sm... 2oiNorth Butte SO Arizona Com .. 5iNorth Lake 2 Oal ; Arizona.. RjO!d Dominion... 52 Cal & Hecla. .. .445 iOsceola S3 Centennial 17'Quincy 06 Cop Kan Con Co 40 Rhannon 6 F Butte Cop M. 12 'Superior 30 Franklin 4iSup & Bos Min.. 2 Gran'oy Con ... SO 'Tamarack 36V. Greene Cananea. 42 ;u S S R i M... 42 I Royalle tCop) 22 i do preferred... 48 Kerr Lake 4!Utah Con 10 Lake Copper 4iUtah Copper Co. 55 I.a Salle Copper 4Winona 4 Miami Copper... 23 W'olverine 46 Mohawk 44 1 Money, Exchange, Etc NEW YORK. Feb. 5. Call money, steady. 1 'a 2 per cent; ruling rate. 1 per cent; closing bid, ltl per cent. Time loans, steady; 60 days, 2 percent; 90 days, 36 3 per cent; six months, 3 per cent. Mercantile paper, 34 per cent. Sterling exchange, steady; 60-day .bills. M.H4; demand, $1.8595. 1 Commercial bills, $4.83. Bar silver, 57 c. Mexican dollars. 45c. Government bonds. Irregular; railroad bonds. Irregular. LONDON, Feb. 6. Bar silver, quiet. 26d per ounce; money, 1 per cent; rate of discount for short bills, 1(2 per cent; do, three months' bills, 2 per cent. SAN FRANCISCO, Feb. 5. Silver bars, 57c Sterling on London, 60 days, $4.84; do. sight, $4.86. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City for Vege tables, Fruits, Etc. SAN FRANCISCO. Feb. 5. The follow ing produce prices were current here today: Cheese New, lS18c; Young Amer icas. lS18c. Fruits Apples. Belleflowers. $1.1E1.50; Xewtowns. $1.401.76; other varieties, 60c (S$1.05; Mexican limes. $45; pineapples. $1.60S2.60; lemons. $23.50. Eggs Fancy ranch. 35c; store, SBe. ' Butter Fancy creamery. 30c: seconds, 30c. Potatoes Oregon Burbanks, $1.0501.28; River Delta whites, $131.20: Salinas Bur hanks, nominal; sweets, $11.60. Vegetables Cucumbers. $2.76S.26; green peas, 612c; string beans, 10&20c; egg plant. Southern, 87c. Onions California storage, $2.75. Receipts Flour, 1380 quarters: barley, 4015 centals; potatoes. 10,345 sacks; hay. 2BS tons. Coffee and Sugar. NEW YORK, Feb. 8. After opening dull at a decline of 2 to 3, coffee worked higher on scattered covering or local bull surport. encouraged by a steadier cost and freight situation and steady French cables. The continued full primary movement and ap prehenstons of further financial troubles in Braxll ohscJts asx caoaral buying, however, NEW CAPITA and trading was quiet. The close was steady, S to 8 higher. Sales 23,000. Febru ary, .24c; March, 9.30c; May, 9.50c; July. .60c; September, 9,S6c; October. .9l'c; De cember. lo.Olc Spot, steady. Rio. No. 7, 9e: Santos. No. 4. 12c. Mild, quiet. Cordova, 134jj16c, nominal. . Metal Markets. NEW YORK. Feb. 5. Lead steady. 4.100 4.20; London. 19 5s. SuflltF -a A v ft A4H.K T . ... I'll r , " - Copper firm. Standard spot and -'ebrnary, offered at 14.75; March. April and May, of fered at 14.87; electrolytic, 14.87 lo-15.00; lake, 15.00, nominal; casting. 14 62) 14.75 Tin lrresular. Spot, 40.651& 41.0O ; February' 40.7041.00; March. 40.65tfi41.00: April. 40.75 a 41.12 ; May. 40.S5W41.25. Antimony, dull. Cookson's. 7.25. Iron steady, unchanged. Naval Stores. SAVANNAH. Ga., Feb. 5. Turpentine, firm: last sales at 48. No sales today. Receipts, 65; shipments, 3369; stocks, 19.047. Rosin, firm; sales, 995; receipts, 954; shipments, 6500; stocks, 147.119. Quote- A. B, C, D. $4.00: B. F, O. $4.05; II. $4.10: I, $4.20; K, $4.40: M. $5.20; N. $8.20; WO, $6.80; WW, $6.75. Cotton Market. NEW YORK. Feb. 6. Spot cotton, quiet. Middling uplands. 12.65; do. Gulf, 12.00. Hops at New York. NEW YORK. Feb. 6. Hops Steady. HOGS STILL ADVANCING j ANOTHER XICKKI, ADDED TO THE NORTH PORTLAND PRICE. Hun So Par This Week Has Bin ' Light Cattle and Sheep Are) Firm. The hog market Is gradually working up ward. Several loads were sold at th. vards yesterdav at S8.40 and on hunch .-hlch! the freight was prepaid brought $8.50, which was equivalent to $8.45 In the open market here. The run of swine so far this week has been moderate. Trade in th cattle division was light and the market was firm. Steers brought $7.25 and $7.75 and cows sold at $5.25 to $6.50. Most of the business In the sheephouse was in lambs, which went at $6.60 to $6.75. Receipts were S3 cattle. 402 hogs and 70 sheep. Shippers were: Captain Erwin. Payette 1 car cattle: Ed Slayton, "Redmond, 2 cars cattle. S. P. Robertson, Multnomah, 1 car cattle, Huntley Mercantile Company, St. John, 1 car hogs; M. M. Hoctor, Goluendale, 1 car hogs: Hugh Cummings, Corvallis, 1 car hogs; Joe Hodson, Weston, 1 car hogs and sheep; William McKenzle, Weston, 1 car hogs and sheep. 1 he day s sales were as follows Wt-Pricej 5 hogs ... 224 $S.40 40 hogs . 11 cows ...1056 $6.50,150 lambs "Wt. Price. . . 206 8.50 . . 83 6.60 . 460 $7.41' . 475 7.40 . 280 7.25 . 198 8.40 . 128 4.50 JO cows ... 9UJ 6.UU! 2 noga .. 13 steers ..1279 7.751 2 hogs 7.25' 1 hog . . . 6.55; 99 hogs . . 5.25) 5 ewes . . 5.60 38 lambs . 6.70: 3 wethers, &.40, 64 bogs . . 2 steers . . 1140 3 stags ..1417 10 cows .. . 038 1 bull ...1270 83 lambs .. !H 53 hogs .. . 2U4 100 6.75 140 5.75 177 8.40 Current local quotations on the various classes of livestock follow: Prime steers choice steers ............. .$7.25 'a $7.80 . 7.00 7.25 . 6.75 7.00 . 6.25 ! 6.50 . 6.00 Jj) 6.25 . 6.00 76 . 8.00, 9.00 . 6.00 4p 7.75 . 4.00ti 5.75 . G.OO'u' 6.50 . 7.50 g 8.45 . 6.60(31 7.40 . 8.O0 St 5.85 . 3.50 4.75 . 5.00 i(j 8.75 Medium steers ............ Choice cows Medium cows Heifero Light calves Heavy calves Bulls Stat-a Hogs Light Heavy ....... Wethers Fwes ........ Lambs Omaha Livestock Market. OMAHA. Neb., Feb. 5. Hogs Receipts. 83O0; market, higher. Heavy, $8.308.45; light, $7.tniji8.35; pigs, $7SS; bulk of sales. $8.10a8.4d. Cattle Receipts, 18O0; market, steady. Na tive steers, $6.75.8.75; cows and heifers, $6 7.SO; Western steers, $.268.10; Texas steers, $5.857.35; cows and heifers. $5.75 7; calves, $7ri)10. Sheep Receipts, 7800; market Bteady. Yearlings, $6.80$j 6.S0 ; wetheiB, $5.3o5.85; lambs. $7 3 7.60. Chicago Livestock Market. CHICAGO,. Feb. 6. Cattle Receipts, 3000; market, steady to a shade higher. Beeves, $7.1u6j'9.50; Texas steers, $6.908; Western steers, $607.9O; stockers and feeders, J5.50 4tS.10; cows and heifers, $3.50&S.5O; calves. $7.25 10.25. liogs Receipts, 23,000; market, strong, 6c to lOc above yesterday's average Liirht, $S.3038 57 ; mixed, $S.85(S 8.60; heavy, $8.3038.02; rough. $8.30 8.35 ; pigs, $6.90 &S.55; bulk of sales. SS.45&S.0O. Sheep Receipts. 16.0OV; market, slow. Na tives, $4.70'jsi'6: Western, $4. 806; yearlings, $5.70li 6.85: lambs, native, $6.70 7.80; West ern, $6.807.80. Dried Fruit at New York. N17W YORK, Feb. 6. Evaporated apples, quiet. Prunes, firm. Peaches, quiet. THIEF FACES FOURTH TERM I'l-ml It-ton Man Mill Be Sentenced for Rustling Cattle. PENDLETON, Or., Feb. 6. (Special.) Bert Pixler, who has already served three terms In the penitentiary for stealing- cattle or horses, was found guilty for the fourth time today and will be sentenced tomorrow. Within ten daye after Plxler returned from the penitentiary the last time he had stolen and butchered four head of cattle. DAILY CITY STATISTICS Births. SCHILDON To Mr. and Mrs. Adolph Schlldon. Lents, Or., January 2S, a son PETERS To Mr. and Mrs. Jacob Peters, 3S.S Fairbanks, January 29, a daughter. WILLIAMSON To Mr. and Mra. Peter Williamson, 685 East Thirteenth street, Feb ruary 2, a daughter. BARR To Mr. and Mrs. George E. Barr, 352 Bast Fifteenth street North, January 29, a sou. HINMAN To Mr. and Mrs. Walter Hin man, Seventh avenue North. Lents, January 18, a daughter. STEVENSON To Mr. and Mrs. H. F. Ste venson, 549 WilliamB avenue. January 26, a son. M'ECHERN To Mr. and Mrs. Daniel Mc Echern, Oott Tillamook street. January 21, a daughter. RHYNER To Mr. and Mrs. Albert Rhy ner, 397 Monroe street. January 21, a daughter. JUDKINS To Mr. and Mrs. Bert Judkins. 497 Commercial street, January 15, a son. JOHN To Mr. and Mrs. Charles O. John. 463 East Ninth street North, February 3, a son. WILLIAMS To Mr. and Mrs. S. M. Will iams. 4H Fifth street, January 31. a son. T1MMONS To Mr. and Mrs. Earl I.eroy Timmons, 1007 East Thirty-third street North, February 2, a daughter. HASTORF To Mr. and Mrs. Harry C. Hastorf, 51)6 Clayborne street, February 4, a daughter. HARTMAN To Mr. and Mrs. Clare G. Hartman, 121 Baldwin, February .2, a daughter. ROTH To Mr. and Mrs. Henry Roth, Jr.. 599 East Seventh street, January 22. a son. RAYOT To Mr. and Mrs. E, ... Rayot, 822 Ochoco. January 17, a daughter. WHITNEY To Mr. and Mrs. William E. Whitney, 5417 Eighty-second street South east. November 29, a daughter. PLECAS To Mr. and Mrs. Mike Plecas, 52 North Second street. January 3. a son. TERKOVICH To Mr. and Mrs. Mike Yer kovlch, 24 East Seventh street, January 4, a son. BUTLER T oMr. and Mrs. William H. Butler. 1066 East Washington street, Janu ary 16, a daughter. ADAMS To Mr. and Mrs. Charles B. Adams. 626 Bldwell avenue. January 3. a daughter. VVOODSIDE To Mr. and Mrs. Louis M. Woodside, 509 Leo avenue, January 28, a daughter. HT'RD To Mr. and Mrs. Jay B. Hard, 49S Marguerite avenue, January 30, a son. Marriage licenses. DEUREN-MARCHAND Herbert V. Deu ren. Green Bay. Wis., 23. and Blanche Mar chand. city. 22. PIEREN-RITTER Fred W. Pieren, city, 25. and Ella L. Ritter. city, 21. DUFFY-WATTS Harry T. Duffy, Min neapolis. Minn., 81, and Vada E. Watts, city, 21. WALKER-COLLtTi Joseph H. Walker. Penton, Wash., legal, and Emily A. Collett, city, legal. . HONMARD-JONES Albert L. Honmard, Salem, Or.. 85, and Nina Jones, city, '27. . GOLDEN-CLAUSEN Arthur M. Golden, city, 22, and Freda Clausen, citv, 22. LA SALLE-KOLLER R. B. La Salle, city, 30, and Anna Koller. citv. 24. SIKlCH-l'U'ELICH Mata Pikich. city 39, and Manda Pavollch, city. 21. RENICK KEYES Frank E. Renlck, city. 21. and Henrietta M. Keyes. city, 19. GOLD WAVE DAMAGE lannr i,- Scattering Reports Have Bull ish Effect on Wheat. SOME LOSSES IN KANSAS Offerings From AVest Decrease. Northwestern Mills May Need AH Spring Grain In Sight. Corn Shorts Cover. CHICAGO, Feb. 5. Uneasiness over scat tering reports of cold wave damage in Kan sas had a bullish effect today on wheat. In tho end. however, the market was easy at a gain of a shade to He ntft In both corn and oats the outcome was an advance of Vst&Vie to Vic, couy.mred with last night. Provisions finished unchanged to 124c up. Offerings of wheat to Chicago from the West decreased and there was good author ity for assertions that Northwestern mills would need all the Spring wheat In sight. In corn, the shorts took to cover as a result of wheat strength and owing to the alleged scantiness of rural offerings. An estimate of farm reserves was construed by some traders as bearish, the flsrurea Indi cating that fully half the deficiency In the crop naa Deen made up 6y reduced con sumption. Oats bardened. with other grain and be cause farm reserve figures on oats wero re garded as bullish. Provisions had an upward slant In conse quence of advancing prices for hogs. On the bulgo, there was considerable profit-taking by longs. Futures ranged as follows: WHEAT. Open. High. Low. Close. May $ .92', .93V ,2-, July SSVa .SSv .88 .88 H CORN. , May 854 .66 .65i .651 July 64 H -0514 .64 hm .05 OATS. May 8ST1 .S9ti .3STt .39 July 38?i .39V .38 .391, MESS PORK. May 21.82 Vi 21.92 '4 21.80 21.90 ' LARD. May 11.17i 11.20 11.12V6 11.12j July 11.37i-i 11.37 , i 11.30 11.30 SHORT RIBS. May 11.67H 11.72", lt.67H 11.70 July 11.321 11.87ti 11.821j 11.S3 Cash prices were: Wheat, No. 2 red, 00g:96Hc; No. 3 red, 94c; No. 2 hard, Oliac: No. S hard, 90fg)91c; No. 2 Northern, OO&Olc; No. 3 Northern, 80(B90e; No. 2 Spring, 89&90c No. 8 Spring, 8s&89c. Corn, No. 2. 63c; No. 2 whl.e. 6666Hc No. 2 yellow, 64',i65c; No. 3, 59 tj a61c ; No. 0 wniie, twic; no. o yellow, KOta'OlHt Oats, No. 3 white, 38&38e; standard. O 4l C Rye. No. 2. 61H52c. Barley. 50 72c. Timothy, $3.755.35. Clover. $12.00014.50. Enropean Grain Markets. LONDON, Fob. 6. Cargoes on passage, dulL English country markets, quiet- French country markets, quiet. LIVERPOOL, Feb. 5. Futures steady. March, ' July. 7s 2'.d. -Wheat Spot firm. s --7s d ; Alay, 7s 2d Minneapolis Grain Market. MINNEAPOLIS, Feb. 5. Wheat. No. 1 hard. 91sW92Wc: No. 1 Northern. 8Un 91Vc; No. 2 Northern, 86VsS8Hc; No. 3 vwiuui, oor ia 3o-.se; jmy, Mic: July, uuvc. jiic, ju)U. r lax. 1.4 1 v aj l..jv;,s. San 1'ranciHco Grain Market. SAN FRANCISCO, Feb. 5. Spot quota- i,i,iiD. , v n 1 , w nno, jl.ao-t(.i.ov; rCU KUS sian, $1.56U 8 1.57'.., ; Turkey red. $1.62 V, la 1.65; bluestem, $1.65(31.70; feed barley. '.jr,ipi.iv; orewing Dartev, nominal white oats, $1.35 1.36Vi ; bran. $234123.50 Call board: Barley easy. December. $1.1844: Puget Sound Wheat Markets. SEATTLE, Wash.. Feb. 6. Wheat Blue- stem, 7c: fortyloid, 89c; club, 88c. Fife, 88c; red Russian. 87c. Yesterdays car receipts, wheat 29, oats 8, barley 4, corn 2, hay 18, flour 4. TACOMA. Feb. 5. Wheat Bluestem 98c; ijiuiu. -oo;c nuD, o-c; reo, 01c Car receipts, wheat 5, barley 6, oats 1, hay 2. DAILY METEOROLOGICAL REPORT. PORTLAND, Feb. B. Maximum temper ature, 36 degrees; minimum, 31 degrees. River reading at 8 A. M., 5.1 feet; change in last 24 hours. 0.2 foot fall. Total rainfall 15 P. M to 5 P. M. . none; total rainfall since September 1, 1913, 26.82 inches; normal rainraii since September 1, 26.86 inches; deficiency of rainfall since September 1. 1913. 0.04 Inch. Total sunshine February 5, 9 hours, 22 minutes; possible sunshine, 9 hours, 53 minutes. Barometer (reduced to sea- tevei) at a f. ai., 30.35 Inches. THE WEATHER. K 3 Wind 3- ga d 3 s - 3 4-P rs o I It ? 1 I 3 : : STATIONS. State ot weather. Baker Boise Boston- Calgary Chicago Denver Dea Moines..... Duluth Eureka Galveston Helena Jacksonville Kansas City ... . Los Angeles.... Marshfield '. . Med ford Montreal s New Orleans... New York North Head. . . . North Yakima. Phoenix Pocatello Portland Roseburg Sacramento 10iO. 80O. 3o;o. 010 2s;'o. 30'0 2S;0. 8 0. 4!o. 68 fo. -o;o. 720. r.C!o. 60iO. 4010. 48 0. 120. 760. 04 8N IClear 00 8fN IClear 00112 NWCloudy .001 41N IClear 0014NE Pt. cloudy 04116 NE Snow 00 SiE jCloudy 01 S;NW,Snnw OSjlO.N Clear 0012jS Cloudy 00;10 S Clcar ' Ooj S.N JCloudy 0014,E Xloudy 001 8;S Cloudy 2t 6:NWClear M: 4 N CIear 0O,20jW IClear OtlilO'S Cloudy 00 SIN jClear 00 8!NW Clear 00 4 NWClear 0OI 41W IClear 10 4;W Clear 00 1 8;SE I Clear 02 4;NWlClear gal S Nwiciear 36 0. 40 0. 2VO. 64i0. 2S!0. 36 0. 460. 52! 0. 38 0. 160. 32!0. St. Louis. . St. Paul... ' V O0U4 B PC cloudy 0O10INE ICloudy 101sNWCIoudy Salt iJike San Francisco. Seattle Spokane Tacoma Tatoosh Inland Walla Walla.. Washington, D. Winnipeg 54 j 0 . 36i0 14 0 00 4:XE IClear 0O 8 NW. Clear 00 4 S 'Clear 340. 00 4;N Pt. cloudy 36 O ih 14,15 Cloudy 20!0. 02' 4.S Clear OOj 8,NE Cloudy C-i 40:0 -120 00 4jSW Pt- cloudy WEATHER CONDITIONS. The northwestern hlgh-oressure area is central this evening over Montana and the low-pressure are Is central over the Texas Panhandle, know has fallen in Southeastern Idaho. Northern Utah. Colorado. Wvnmlntr. Nebraska. Eastern Montana, the Dakotas ana Minnesota and the storm has caused rain in Southwestern Kansas, Oklahoma, Ar kansas and Tennessee. Cold wave warnings were extended this morning to Southern Idaho and to all parts of Oregon. The tem peratures have fallen decidedly in this dis trict and in Colorado, Wyoming, Nebraska and South Dakota. The conditions are favorable for fair weather In this district Friday with zero temperatures east of the Cascade Moun tains and the coldest weather of the season in Western Oregon and Western Washing ton. Cold weather win probably last two or three days., especially east of the Cascade Mountains. FORECASTS. Portland and vicinity Fair and continued cold: easterly winds. Oregon and Washington Fair and con tinued cold: easterly winds. Tdaho Fair and continued cold EDWARD A. BEALS, District Forecaster. Clatsop County Debt Is jLess. ASTORIA. Or.. Feb. 5. (Special.) The semianual report of County Clerk Clinton filed today shows that on the first of the year Clatsop County's net Indebtedness was $122,485.22 and that the debt had been reduced about $9200 during the past year. The assets of the county including buildings and road machinery are estimated at $380,000. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY Capital Surplus OFFICERS s J. C. AIXSWOR.TH, President. R. LEA BARAKS, Vice-President. V. A. HOLT, Asst. Cashier. A. M. WRIGHT, Asst. Cashier. R. W. snniEEB, Cashier. j. S. nick, Asat Cashier. a First National Bank Capital $1,500,000 Surplus $1,000,000 Oldest National Bank West of the Rocky Mountains CORNER FIRST AND WASHINGTON STS. L ADO & TILTON BANK Established 1859. Capital 5? 1,000,000 SurPlus 1,000,000 Commercial and Savings Accounts OFFICERS, W. M. Ladd. President. Robert a Howard. Asst. Oashter Kdward Cooklngham, Vice-Pres. J. W. Ladd, Asst. Cashier ahn,c'' . li. Uunckley, Cashier. Walter M. Cook. Asst. Ca'fhier. Corner Washington and Third Streets JUDGE ALSO IS WITNESS MR. MTilSTN DISCREDITS TESTI MONY IN PROEBSTEL CASK. Reflections Oa I. ate Beaton KIMen Made by -Vitnen Arc Resented by .Furl.Ht Hearing; Land Title Suit. Testimony given by a witness for the Proebstel Land & Adjustment Com pany, defendant in tho suit to clear title to more than 400 homes in the Alblna district, was discredited yes terday by JudKe McGinn, before whom the case is being- heard. He intimated from tho bench that some of the tes timony should be presented to the District Attorney or the grand jury. Thirty-eigrht witnesses for the plaintiffs had been examined when at torneys announced that they would rest and the hearing of the testimony of the defense was taken up Immedi ately. Court was held until late last night. All letters bearing? on the relation of tho Chapmans, original owners of the disputed land, and the alleged Irish heirs, through whom the I'roebstel Company claims its Interest to the land, will be admitted Into the record. Judge McGinn announced last night. It was the testimony of L. M. Lewis, who told of a settlement ef the Jano Chapman estate in 1876, that Judge McGinn discredited. When Lewis at tempted to. connect the name of the late Judge Benton Killen with th transaction Judge McGinn resented the reflections on the character of tho dead attorney, who, he said, always had the highest reputation. Mr. Lewis told a story to the effect that one of the Chapman heirs had been shanghaied and that the late Judge Killen had requested him to say nothing of it. Julius Proebstel, who has made two trips to Ireland In search of heirs, waa on the stand in the afternoon. Among the witnesses who testified in the course of the day were Judge McGinn, before whom the case is being tried; Circuit Judge Morrow and Judge J. C. Moreland, Clerk of the Oregon Supreme Court. COUNTY SALARIES CUT MANY EMPLOYES AT KLAMATH FALLS LOSE T HE! It JOBS. Officers Affected Say Order Ia Result of Spite Caused by Criticism of Court. KLAMATH FALLS, Or.. Feb. 5. (Special.) The County Court, in an order dated January 31 and filed Feb ruary 2. made radical reductions in the force and salaries of the employes In the Courthouse. The 6alary of the County Sealer of Weights and Measures was cut from $75 to $25 per month. The Sheriff -had three deputies; two with salaries of $125 each, and his daughter at $75; he is allowed one deputy at J125. The deputy of the Clerk of the Circuit Court was cut from $100 to $75; tho first Deputy County Clerk was reduced from $12.) to $100; the second deputy from $93 to $75 per month and the third and fourth deputies cut off from the roll. The Deputy County Treasurer was also dropped from a $100 job. The As sistant Deputy Surveyor also lost his position; the Assessor loet his second and third deputies. . This order, it Is estimated, will re duce the salary bill of the county $12, 000 per annum. The officers affected say that it is the result of spite because of criticsm of the actions of the County Court, and add that, coming at the busy time for the Sheriff and Assessor collecting the tax rolls, will make it impossible to administer those offices efficiently. LOMG DISPUTE NEAR END Commission Likely to Grant $10,000 to Mr. Klosterman for I.and. Final settlement of the long eon troversy between the city and John Klosterman, which has - held up the $1,000,000 $1,000,000 completion of the extension of Oak street from Tenth to Hurnvide streets for years, probably will be ln-ouitbt about next Wednesday, when tin- l itv Commlssion passes finally upon a pro posed ordinance to grant $tt;,.ni to Mr. Klosterman for his holdings. Original ly Mr. Klosterman wanted $65.nou. - He has reduced the price until it is within $1000 or that offered by tho city. It is understood that the City Commis sioners are willing to compromise bv paying this additional $1000 on the ground that Mr. Klosterman remove the buildings from tho property. As soon as the deal is closed, work of razing the buildings and exte.nding the street will be commenced. Liquor Peddler Arrested. HILSBOno, Or.. Feb. 4. (Special.) Sheriff Reeves last night arrested a. man by the name of Cheek, at Garden Home. Cheek was driving a wagon for the Margulls Liquor Company, and waa selling wine and beer. Sheriff Reeves, to get evidence, bought some beer and some wine, and then placed Cheek umler arrest. DO YOU WANT TO SUCCEED? One of the first things to do is to start a savings account and keep steadily a d d i ng to it each week. When you have a c cumulated some capital you can start business for yourself or be ready to take ad vantage of profitable invest ments. upen an count at the ac- SECURITY SAVINGS AND TRUST COMPANY Fifth and Morrison Sts. Capital and Surplus $1,400,000 The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A general banking business transacted. Interest paid on time deposits. Letters of Credit and Travelers' Checks Issued. PORTLAND BRANCH, Corner Second and Stark Sts. F. C. MALPAS, Manager. J. C.WILSON & CO. STOCKS, BONDS. GRAIN AND COTTON. MEMBERS , VEW YORK STOCK EXCHANGE. CHICAGO BOARD OK TKAltK. N"KV YORK COTTON KXCHANUK. THE STOCK AND BONO EXCHANGE, SAX IKANCISCO. PORTLAND OFFICE: Lewis Building, 269 Oak Street. Phones Marshall 4120. A 4187. 4