Morning Oregonian. (Portland, Or.) 1861-1937, November 17, 1914, Image 19

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    TITE MOKXTXG CREGONTAX, TFESDAT, XOVE3IBER 17. .1914.
YAKIMA HOPS TAKEN
Buyers Obtain 1500 Bales in
Northern State.
PRICES 7 TO 10 CENTS
Steady Movement In Oregons at Un
changed Quotations Sonomas
Are Selling Freely at 9 Cents.
Brewers Interested.
Rod tradinr on a lares scale In the
Yakima market has materially cut down
supplies in that section. Less than a third
of the crop now remains In first hands.
About 1SOO bales of Taklmas were sold
yesterday at prices ranging from 7 to 10
cents. Amonor the crops sold were those of
HcLear & Tyson. 610 bales; Dunn, 139
fcales; Fear. 112 bales; Sharron, 100 bales;
Fartnond. 130 bales, and Beauleaurer, 100
bales.
Trading In this state was fairly active.
Two carloads were sold at Banks at TA
cents, the crops of X. C. Shipley and Benft
flel Lafollette, of Cornelius, sold 77 bales to
Klaber. tvolf & Netter at 7 cents. H. t-.
Hart bought J10O bales from John Friday, of
Hanks, it 7H cents and three other lots at
8 cents. A lot of 140 bales changed hands
between dealers. R. El Williams bought 44
bales of Clarke County hops from F. I.
Etlnson at 4 cents.
California wires told of heavier business
In the Southern state. Three sales at 9
cents In the Sonora section were the crops
of Grace Bros.. 850 bales: Howell & Brown;
202 bales, and Ford A Wallace, 80S bales.
Conies of a circular letter sent by a
California dealer to Eastern brewers have
been received here. The circular calls at
tention to the prohibition victories In Ore
Kon and Washington and "In view of the
support given the brewers by California,"
makes a bid for brewery trade in California
hDDS.
Commenting on the Eastern market, the
Chicago Brewers Bulletin says:
"Dealers report a better business doing
"With brewers, the prices quoted apparently
proving attractive. In most Quarters hops
are considered clieao at the present prices,
-while 6thers are Inclined to the belief that
the bottom has not yet been reached."
The Watervllle Hod Reporter says of the
New York State market:
"We learn of a little buying being done In
this and adiolnlng towns at somewhere
around 25 cents, although we were not able
to verify this urice. From 23 to 30 cents lo
about the range of prices offered, the lat
ter price beinjr considered an outside one
and perhaps a trifle high."
EXTORTS ARE KEAU RECORD MARK
Over Ten Million Bushel Sent From Amer
" lean Ports tn Past Week.
The weekly wheat statistics of the Mer
chants Exchange show the following changes
in the American visible supply:
Bushels. Increase.
November 16, 1014 73.4SS.0OO 5.535,000
November 17, lots 60.Oii2.OO0 4.807 000
November Is, lit 1 U Cll.OiltS.nito 0.670.000
November 20, ltll U7.X21.000 1.35.', 000
November 21, 1010 43.819.O00 1,430 000
November 22, 1000 27,630,000 W.7.000
November 23, looft f,2.020,OO0 2.420 000
November 25, Jixrr 41,054.000 "204.000
November 20, 1'MIO 41.IM5.000 2.275 OoO
November 27, 1005 35,057.000 2, 213000
Decrease.
Quantities on passage are not reported
for the past week. For the corresponding
week in former year' quantities on passage
were:
Week end. Week end.
Nov. 15. "13. Nov. 1, '12.
n Bushels. Bushels.
rnlted Kingdom 12.424.000 21.812,000
Continent .. ...... .1S,528,000 1S.440.000
Totals .30.952.000 80.702,000
Shipments from the United States. Can
ada and India in the past week compare as
follows:
Week end. Weok end- Week end.
Nov.14. Nov. 7. Nov. 15, '13.
Bushels. Bushels. Bushels.
TT. S. A Can.10.2S-7.000 6,747.000 7,500.000
Argentina 72,000 4SS.0O0
Australia 736,000
Danube 1.704. 000
Kussia 4,344.000
India 829,000 224.000
Totals 13.095,000
World shipments of wheat last season up
to this date were:
Bushels.
TJ. S. and Canada 116,640.000
Argentina 10,250,000
Australia 12,486,000
Danube 14,812.000
Russia 65.02S.0U0
India i 23,200,000
Total . .... 242,437.000
WHEAT BUYING ON' LIGHTER SCALE
Trading Is Still Checked by Lack of Dock
Space Prices Lower.
Wheat trading in the local market Is still
hindered by the lack of warehouse room,
and until the docks are cleared ' of their
surplus buying on a large scale is not likely
to be resumed. Prices are affected, for this
reason, and the bids put out yesterday were
lower than last week's. The sagging tend
ency of the Chicago market was also ef
fective in holding prices down here.
For club wheat, prompt delivery, $1.12 H
was bid on the Merchants' Exchange, a halt
cent, less than on Saturday, and red wheat
prices were 2 to 2 cents under those of
last week. Forty-fold was unchanged, but
bluestem was a cent cheaper.
Prices for future delivery held steadier
and holders were not disposed to make con
cessions. One hundred tons of January oats were
sold at $28.50. December oats were wanted
at $27.50 and spot at $27. In the barley
market last week's prices were maintained.
. The mill-feed market is very firm and an
announcement of higher prices by the mills
In the near future is expected.
Local receipts,, in cars, were reported by
the Merchants Exchange as follows:
Wheat. Barley. Flour. Oats. Hay.
Monday 211 13 16 2S 12
Year ago ISO 14 17 18 41
Season to date.Sspo 837 1120 1104 8t0
Year ago . . 8182 1325 1042 916 1243
Local Supply of Grapes Small.
The local market ' is now cleaned up of
all kinds of crated grapes, except a few
small lots of Malagas. A car of Emperors
is due soon. Barrel grapes are going out
steadily.
Tho banana market Is in good shape.
Apples are holding steady in price, with a
moderate movement.
A car of Los Angeles head lettuce is due
today and will sell at S1.85Q2. A car of
sweet potatoes was received.
No Scarcity of Turkeys.
From the Inquiries received from country
shippers local poultry dealers are convinced
that the Oregon supply of Thanksgiving tur
keys will be large. Buying orders are few
and f&r between and everything indicates
reasonable prices.
Live poultry supplies were light- yesterday
and prices were steady. Dressed meat re
ceipts were also small..
There were no changes in eggs, butter or
cheese at the opening of the week.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland $2,135,851 $170,604
ncKlUB .................. i.StW.OZO 21H,U
i Tacoma 36S.S6S 35.S41
bpokane 813.750 85.114
PORTLAND MARKET QUOTATIONS
Grain, Flour, Feed, Etc.
Merchants' Exchange noon session:
Wheat Bid. Ask.
Bluestem $ 1.154 $ 1.17
, Forty-fold 1.154 1.17
Club 1.12 Vi 1.14
Red Russian j.on 1.09
Red Fife 1.08 Lll
No. 1 white feed 27.00 28.25
osner
No. 1 feed 24.00 25.60
Brewing 25.00 26.50
Bran ... .. 22.0O 23.00
Shorts 23.00 24.00
All quotations for prompt delivery.
Futures Bid. , Ask.
Dec. bluestem S 1-17 1.17
Jan. bluestem 1.10 1.21
Jan. forty-fold 1.16 1.19
Dec. club 1.14 1.14 hi
Jan. club 1.15
Dec. Russian 1.08 1.10
Dec. fife 1.12
Dec Oats 27.60 28.50
Jan. oats 28.50 29.00
Dec. oats 21.00 ....
Sales
100 tons Jan. oats $28.50
MILLFEED Spot prices: Bran. 2424.50
per ton; shorts, $25.6026; rolled barley,
127 5O ?8.50.
FLOUR Patents. 16.00 per barrel:
straights. $5.00; graham, S5.60; whole wheat,
$3.80.
CORN Whole, $86 per ton; cracked. $37
per ton.
HAT Eastern Oregon timothy. $139
15.50; grain hay $10911; "alfalfa. $13,500
14: Valley timothy. $1813114.
Fruits and Vegetables.
Local jobbing quotations:
TROPICAL, FRUITS Oranges, navels.
f per box; Valencies $33.50 per
bcx; Japanese, per box, $1.50: lemons, $3.50
5.50 per box; bananas. 44c per pound;
grapefruit, 33.753;, pineapples, 7c per
pound
VEGETABLES Cucumbers, 60 73c per
dog.; eggplant, 7o pound: peppers.
per pound- artichokes, 90c per dozen; toma
toes, 60c $1 per crate; cabbage, 6j1c per
pound; peas, 10c per pound; beans, 6&7c
per poind: celery. ZtO ZC 75o per dozen; cauli
flower. 40Qv75c per dozen; sprouts. 8c per
pound: head lettuce, $1.8502 per crate;
pumpkins, lc per pound; squash, lc per
pound.
GREEN FRUITS Apples. 65c$1 50 per
box; casabas, 1 hie per pound; pears, $11.25;
grapes. 75cS1.35 per crate; cranberries. $8
6-' 9 per barrel.
POTATOES Oregon, 7585e per sack;
Idaho, 83c; Yakima. 90cSl.lO; sweet po
tatoes, 2c per pound.
ONIONS rYellow, 90c per sack.
Dairy and Country Produce.
Local Jobbing; quotations:
EGGS Fresh Oregon ranch, case count,
S7144c; candled, 4042V4c; storage. 270
30c; fresh Eastern. 3.'i37Vic
POULTRY Hens, 11 lie; Springs, 11
12c; turkeys, young, 16018c; dressed,
choice, 20&21c; ducks, 1014c; geese, lu
12o.
BUTTER Creamery, prints, extras, 84 Ho
pez pound in case lots; fee more In less
than case lots: cubes, 30 (jy 31c
CHEESE Oregon triplets. Jobbers' bu.-lng
price, 15c per pound f, o. 0. dock Port
land; Youne Americas, 15o per pound.
VEAL, Fancy, 12c per pound.
PORK Block. 9ij)Uc per pound.
Staple Groceries.
Local Jobbing quotations: v
' SALMON Columbia River one-pound
tails, $2.30 per dozen; halt-pound flats,
$1.50; one-pound flats, $2.55; Alaska pink,
one-pound tails. $1.05.
HONEY Choice. $3.25 per case.
N UTd Walnuts, 15 Hi 24c per pound;
Brazil nuts. 15c; filberts, lo 24c; almonds,
23 24c; peanuts. 6c; cocoanuts, $1 per
dozen; pecans. 19 & 20c
BEANS Small white, 5.15c; large whlU
5c ; Lima, 6 ?i i 6 !A c ; pink, 4.30c ; Mexican,
6 fee; bayou, o.05c.
COFFEE Roasted. In drums, i8H933Hc.
SUGAR Fruit and berry, $5.90; beet,
$5.70; extra C, $5.40; powdered, in barrels.
$6.15,
SALT Granulated. $15.50 per ton; half
ground. 100s. $10.75 per ton; 50s, $11.50 per
ion; dairy, $14 per ton.
RICE Southern head, 66c; broken
4c.
DRIED FRUITS Apples. 8c per pound;
apricots, 1315c; peaches, 8c; prunes,
Italian, 80c; raisins, loose Muscatels, 8c;
unbleached Sultanas, 7c; seeded, 83fcc;
aates, Persian, 7i7c per pound; fard, $1.40
per box; currants, 93t12c
Bops, Wool. Hides. Etc
HOPS 1914 crop, 810c; 1913 crop, nom
inal. HIDES Salted hides, ISc per pound; salt
kip. 13c; salted calf, 18c per pound; salt
dry hides, 24c; dry calf, 20c; salted bulla.
10c per pound, green bulls, ttc
WOOL Valley. 17 wise; Eastern Oregon.
15& 20c, nominal.
MOHAIR 1U14 clip. 27 lis per pound.
CASCAKA BARIC Old and new, 4o per
pound.
PELTS Dry, 10 11c: dry short wool. 7 0
8c; dry shearlings, 10(tfl5c each; green
shearlings, 15 tfr 25c each; Spring iambi. 24
&)25c- green pelts, October, tk470c; Novem
ber. 70 Sue
Provisions. -
HAMS Ten to 12 pounas," 1C C20Ho: 14
to IS pounds, 19Vi&20ttc; skinned. 17 MO
21c; picnic. 1414c
BACON Fancy. 28 30c; standard, 25
DRY SALT CURED Short clear backs.
14 to 17c; exports, 15W17o; plates, 11 13c
Arc 1 J iierce oasis. i ure, AZftgpl4c,
compound, tic
Oils.
KEROSENE Water white, drama bar
rels or tank wagon. 10c; special drums or
Darreis l3Vic; cases. 1720yc
GASOLINE Bulk 13c; cases, 20c; engine
distillate, drums, 7c; cases. 14c;' naptha,
drums, 12c; cases, 19c.
LINSEED OIL Raw. barrels. 61c: raw.
cases, 60c: boiled, barrels. 03c: boiled- cose
68c.
TURPENTINE In tanks. eOot In euu
67c; 10-case lots, lc less.
SECURITIES If! 0EF.1AND
TRAJOIXG IN BONDS AND STOCKS IS
INCREASING.
New Financing; by Important Itailrrays
Is Under Consideration Iron
and Steel Trade Better.
NEW YORK. Nov. 16. Inauguration of
the Federal reserve system and the formal
reopening of the Cotton Exchange and the
euro maraet were tne outstanding factors of
inxiuence in tne financial district todav.
rom ail accounts, tne new banking laws
were put into effect at all of the 12 regional
comers witn a minimum of confusion. The
importance or this undertaking mav be
Judged from the fact that the new system
embraces over 7500 institutions.
The new condition found direct reflection
not only in improved sentiment, but in an
increased 'demand for investment securities
at prices generally higher than those re
corded since July 30 last. In the unof
ficial market some active stocks were quoted
at figures close to the final prices of that
uay
Dealers in bonds and notes rennrtAd
larger over-counter- ousiness tnan recently,
iuu urutsrs irom out or town were riac ArAri
to be in greater volume. Some of the Im
portant financial interests were negotiating
for municipal and state loans on a 5 per
cent basis, and new financing by some of
the prominent railways was said to be under
consideration. Exchange on London was
decidedly easier as a result of freer offer
ings and absence of bids. No further change
In rates for long time domestic loans and
commercial paper was noted.
In several lines of Industry, notably steel
uu iron, mere were signs of betterment
one or tne largest plants of the United
States Steel Corporation resuming nno-A.
tlons after several weeks of idleness. The
Western freight movement, while under
last, year, snowed heavier merchandise ton'
nage.
"K retirements or emergency currency
"i" -iearing-ouee certificates testified to
the easier monetary conditions in the West.
Sterling, Silver, Etc
N1?W YORK Vnv 1A
JJ45c: sterling exchange weak; 60-day
"'ft lur caoiea s-i.ss; for demand
$4.b7.3o. Bar sliver, 48 a.
SAN FRANCISCO. Nov. 16. Silver bars.
i iuM,l;i,n ouiiars, 4zc; drafts
sight. 03c: do teleeraDh. 08c. Sterling di
mand. $4.87 Vic; cable. $1.88.05.
LONDON. Nov. 16. Bar silver, 22 pe
ounce. Discount rates Three months. 2
2J4 per cent.
Naval Stores.
SAVANNAH. Ga.. Nov. IB. Ti.m.nln.
Elrm: 4y. Sales, 201: receipts, 347; shin-
.uriiLS, oi; BIUCKB, 61,UJ,
Rosin Firm. Sales, 788; receipts, 1273:
shipments. 3S2; stocks. 118,548. Quote: AB
3.40c; CD, 3.45c: E. 3.50c: F. s .S.lr- n a r,w
H. 3.65c; I. 3S5c; K. 4.30cM, 4.80c; Jil
5.45c: WfT 5 TSor IUTU
Dried Fruit at New York.
NEW YORK. Nov. 16. Evaporated applf
reacnes steady: choice. 66c; extra
Hops. Etc., at New York.
skw iukk. Nov. 10. Hops, quiet: state
common to choice. 1.H4. 2-1-asOc: Pacific
Coast. 1914. 111314c: 1U13, RoillT. Jrlc1110
Hides steady; Bogota, 2728c: Central
WmI steady; domestic fleece XX, Ohio,
Metal Markets.
NEW YORK- Nov. 14. Electrolytic cop-
1 1 7R.. ia,a - - .:v -1 I, r . , ... J
. . 4.uvroW'o, speiier, e.ioc.
ALL LIES STRONG
Cattle and Hogs Sell Higher at
Stockyards.
SUPPLY IS NOT LARGE
Best Steers Bring $T.40 and $7.50.
Choice Light Swine Sell at 97.45,
Advance of Quarter Over
liast Week's Top Price.
The local livestock market was strong
yesterday and the tendency was upward in
Keeping with the strength of markets every
where. Cattle and hog quotations were ad
vanced and sheep prices were firm through
out. There was a large run at the yards,
but It was not equal to the usual Monday
supply.
About 15 loads of steers were handled dur
ing the day and for strictly fancy stock
buyers paid $7.60. the best price realized at
ne yarns for some time. Two loads sold
at this figure." and several loads brought
$7.25 to $7.40. Good cows sold from So.60
to $6.2a and bulls ranged in price from $4
to $5.50.
The hog market was lifted fully 20 cents
over last week's price, the bulk of sales
being at 7.36 and $7.40. One load was
taken at J v. 46 and It looks as If this will
be the prevailing price today.
i ne iamb sales had a range In price of
$5.75 to SS.25. according to Quality. Ewes
sold from $4.25 to $4.60 and wethers brought
Receipts were 144 cattle. 2 calves. 1731
hogs and 1619 sheep. Shipners were:
w ltn cattle Sol Dickson. Terrebonne. 3
cars; B. J. Brown, Baker, 1 car; Fred An
drews, Echo, 1 car; J; H. Carter, Hunting
ton. 1 car; J. W. Chandler, La Grande. 1
car; W. M. Paughahour. North Powder, 1
car; Z. Porter, pilot Rock. 2 cars: T. J.
Brown, Robinette, Z cars; Thomas D. Leep,
Robinette, 2 cars: William CouDer. Union
Junction, 1 car; Consolidated Mercantile
Company, Hood River. 1 car; C. S. Walker,
Joseph, 2 cars; G. W. Holliday, Joseph, 3
cars; F. A. Gaylord, Joseph, 2 cars.
With hogs Farmers' Society and Eauitv
Association, Namua. 1 car: same. Parma. 1
car; R. R. Walker, Grass Valley, 1 car; C.
k. tiewitt, )aker, 1 car; L. E. West,
Haines, 1 car; A. M. Patton, Umatilla. 1
car; L. E. Eccles, Washtucna, 1 car:
Arlington Lumber Company, Condon, 1 car;
O. Bowey, Enterprise, 1 car; W. M. Walker,
Grass Valley, 1 car;' W. B. Hunter, Lostlne,
1 car.
With sheep A. A. King. Milton. 1 ear?
O. Hodges, Milton, car.
With mixed loads John Hill. Pavette. 2
cars cattle and hogs; F. B. Casdmeyer, Con
don, 2 cars hogs and sheep; O. W. Goesline,
Joseph, 1 car cattle, calves and hogs; Elgin
Forwarding Company, Joseph, 1 car hogs
and sheep; rame. Wallowa. 1 car hoes anrt
sheep; T. H. Morelock, Joseph, 3 cars hogs
nuu sueep; vv. a. Luter, loncalla. 1 car
hogs and sheep.
i.ne day s sales were as follows:
Wt. Price. wt. Price.
.1080 $7.00 13 cows ...1007 6.S0
6 steers
20 steers
1 steer
1 cow .
5 cows
13 cows
3 steers
2 steers
1 bull .
4 cows
7 cows
17 cows
1 rteer
1 bull
1 bull .
1 bull .
1 bull .
22 steers
2 steers
2 steers
20 hbgs
30 hogs
8 hogs
25 hogs
6 hogs
99 hogs
19 hogs
2 hogs
5 hogs
ill v.bt 1 heifer .. 850 X5.00
,..1150
.. 950
.. .1072
. ..1057
..1053
.. 945
. .1340
. ..1010
.vU 1 bull 15Q 4.50
o.ou, 9 steers . . 953
5.60 64 hogs .... 219
6.10 4 hogs 123
6.501 90 hogs .... 190
6.0I 94 hogs . . .. 192
7.35
7.35
6.50
7.35
7.40
7.35
6.40
6.75
6.50
4.25
4.25
4.25
6.25
7.40
7.80
6.25
6.65
.U its hogs 193
4.2
Lhog 300
-03 0
6.00
ft '
5 lambs . . 74
. ..lu.'u fc.sa 6 wethers . 115
...1046 6.00 IS ewes ... 110
1S90
5.00:217 ewes ,.. 91
.00108 ewes ... 177
4.50 94 lambs .. 91
. ..1010
...1320
...1110
o steers 120
1070 6.25 23 steers ...1264
?l
875
,d3j
1 heifer . . 930
. .1020
. . 210
.. 211
.. ISO
.. 188
.. 166
.. 174
.. 146
.. 160
. . 408
.. 301
.. 201
. .1447
6.2
6.7
14 steers ... 937
1 steer
840
6.G5
7.35
7.40
7.3SI
6.35
7.35
7.30
.3o
6.45!
3 cows
10 cows .
5 cows .
3 cows .
7 cows .
3 steers
7 steers
1 4 steers
13 teers
1 steer .
2 steers
5 hogs .
820 6.15
927 6.15
..1190
5.86
6.00
6.C5
6.25
6.65
7.25
7.00
6.50
6.75
6.40
7.40
6.40
7.40
7.35
4.35
6.80
6.25
.. 986
..1132
..1086
..1058
..1005
..1099
..1190
..1395
.. 462
.. 221
.. 382
.. 228
.. 200
.. 80
.. 63
.. 40
.. Ill
96 hogs
7.45
7.45
96 bogs
21 steers
7.101
1 bull
.1700
4.2
23 stters . .1127
7.30il78 hogs .
5.501 5 hoss .
6.25i 88 hogs .
7.40 88 hogs .
7.50 292 ewes .
7.25 ilf.3 lambs
1 bull 1410
8 cows . . .1281
25 steers ..1193
14 steers . .1503
1 steer- . .. 8S0
2 cows . ..107O
1 cow .... 1290
5.T5 25 lambs
575 16 ewes
4.50
6.50
1 bull 1180
4.50: 8 wethers
99
Current prices of the various Hdum f
stock at the yards follow;
cattle
Prime steers $7.00(37.50
Choice steers . .
6.60 86.
Medium steers
Choice cows . ,
.625(9 6.50
6.75 Sf 6.25
5.254D5.75
6.60i6.25
.00B 8.00
I.0034.75
4.50 6.00
6.7507.40
E.756.40
4. 00 rr? 5. 60
Medium cows
Heifers
Calves
Bulls
Stags
Hogs
tight
Heavy .......
Sti een
Wethers .....
Ewes
S.50fi4.6n
Lambs S.00gi6.S5
Omaha Livestock Market.
SOUTH OMAHA. . Ned.. Nov. Hi. Hiien
Beceiuts. 5600-.market, higher. Heavy. $7.65
Hi. bo; llgnt. JT.NI9S,05; Pigs. J8.2537.60;
bulk of sales. S7.707.85.
cattle Receipts. 420O: market, hleher.
Native steers. 0.5010.50; native cows and
neirers. 15.60 7.40; Western steers, 160)8.50:
Texes Steers. $5.80&i.7-0: Texan onwa And
nellers. s5.50S'7: calves. 7. 75910.25.
btieep Receipts. 9000; market, stronger.
Yearlings. (703; wethers, $ll.250.73; lambs
3-OU tf.OU.
Chicago, Stockyards Reopen.
CHICAGO. Xov 1H. HftfTR nlH 411 tn r.fln
nicner wnen tne stockyards resumed busi
ness today after the Quarantine, i.ecelpts
were only 18. OOO head, considerably below
the average for Monday, but more than hurt
been expected in view of the areas under
quarantine. Monday receipts in normal
times aDoroximate 35.000.
Receipts of cattle also were below the
average, being but 700O head, but prices ad.
vanced only 10 cents as compared with the
closing price lust before the gates of the
jania were ciosea. Aovemnor o.
Arrivals of sheep also showed a decrease.
but prices were steady at the previous
level. Speculators were said to be almost
the only buyers of hogs, the bulk of which
soia between 7.7 and ss.
COTTOfJ EXCHANGE OPEN
FIRST DAY OK BUSINESS SIXCE
OUTBREAK OF WAR.
Financial Arrangement for ' Taking
Care of Old Contracts Works Sat
isfactorily Market Is Steady.
NEW YORK. Nov. 16. The first dav of
business on the New York Cotton Exchange
since the outbreak of the war end the ab
rupt closing of all markets last July was
generally considered most satisfactory.
There was a bis attendance on the floor
of the exchange at the opening, and every
indication of extreme enthusiasm and satis
faction. Otherwise, however, there was no
excitement and it was very soon evident thai
the financial arrangement of the special
committee for taking care of the old con
tract interest had relieved the trade of all
apprehension regarding the effect of new,
fluctuations.
December contracts sold below T.75c on
the call, thus passing automatically from
the control of tho corporation to the syndi
cate under the agreements recently con
summated, and it was reported that mem
bers of the syndicate were moderate sellers
on the decline from T.4Sc to 7.28c for that
position. Trading in the later months was
entirely confined to new style contracts, but
prices also eased off In sympathy with New
Orleans, with January selling down 2tt
points and later deliveries some 15 to la
points from the high level of the morning.
Some of the early buyers turned sellers on
the decline, owing to the absence of a more
active investment demand, and there was
some Southern selling, which may have pos
sibly been against spots, although, with the
exception of August, the interior markets, so
far as reported up to the close, were gener
ally steady. The close was- steady at the
decline.
NEW ORLEANS, Nov. 16. The Cotton
Exchange here was opened this morning
after a suspension of slmnst Ihrtts months
and a half. The first trade between this
market and Liverpool was transacted in 17
minutes.
BAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City oa Fruit.
Vegetables, Etc.
SAN FRANCISCO, Nov. 16. Fruit Pine
apples, $2.75&3.25; California lemons, $1.15
4; apples, Bellfiowers, Soooc; bananas,
$L252; Mexican limes. 00 & 65c
Vegetables Cucumbers, 2oip40c. string
beans, 350; eggplant, 254100c; tomatoes,
20i50c ,
Eggs Fancy ranch, 60c; pullets, S7cfc
storage, 27c
Onions Yellow. 85 45c a
Cheese Young America, 15H16HC; new.
10016c; Oregon, 1444c; Youug America, 16c;
Butter Fancy creamery, 34c; seconds,
28c
Potatoes Delta Burbanks, per sack. 50 0
60c: sweets, $1.40.4.60 per sack; Salinas
Burbanks, $1.40fL50; Alvarado, $1.15 . i.ao.
Receipts Flour. 10.725 quarters; barley,
7185 centals; potatoes, 1130 sacks; hay,
606 tons.
Coffee and Sugar.
NEW YORK. Nov. 16. The coffee mar
ket showed continued steadiness here to
day, although trading was generally quiet.
Two steamers arrived here from Brazil over
Sundav. one of which was considerably over
due, and the addition of about 95,000 bags
to local stocks seemed sufficient to help out
assortments. Brazil, however, was offering
verv little coffee in the cost and freight
market, while the weekly figures reflected
an Increasing business from Europe in the
primarv market, and notwithstanding a
small demand, the spot market here was
steady at $Vc for Rio 7s and 10 44c for
Santos 4a Sales of contracts amounted to
18.700 bars: December closed at 5.455.50c;
March, 5:85 5.90c; May. 6c to 6.10c. and
July at 6.7oc to 6.S5C.
Raw sugar steady. Molasses sugar, S.36c;
centrifugal. 4.01c: refined steady. Cut loaf,
0c: crushed. 5.00c: mould A, 6.55c; cubes,
5.35c; XXXX powdered, 5.2i5c; powdered,
5.20c; fine granulated, 6.10c: diamond A.
5.10c; confectioners' A. 6c;. No. 1, 4.85c
Chicago Dairy Produce,
CHICAGO. Nov. 16. Butter, . steady.
Creameries. 24l832c
Eggs, higher; receipts, 4202 cases: at
mark, cases Included. 20f29c; ordinary
firsts, 26Vi6'27c; Prats, 2844 029440.
Dilluth Linseed Market.
DULUTH. Nov. 16. Linseed, cash, $1.47;
December, $1.46: May, $1.60.
THOUSANDS DUE HERE
SEATTLE CONVENTIONS WILL BRING
MANY VISITORS TO PORTLAND.
Special Trains Carrying? Deleicatea to
Sound City ia 1015 Will It tin oa
to Oregron Metropolis.
Delegates to practically every con
vention held in -the Northwest in the
coming year will visit Portland, al
though this city is to be the place of
scarcely a single convention during
that time. Seattle will be the place
where the majority of the big conven
tions will be held, but Portland will
profit from the visits of the delegates
almost as much as the Sound City.
Realizing that both cities might be
benefited by conventions held in Seat
tle, the Portland commercial organiza
tions assisted Seattle in campaigns to
get conventions for 1915 whenever the
opportunity offered.
Final advices from the railroad au
thorities, received yesterday, made it
definite that the delegations will al
most all visit Portland. Every special
train that goes to Seattle to conven
tions from the East will continue to
Portland and the tickets through to
Seattle will bring the visitors to Port
land at no greater cost. The trains will
be parked in Seattle and the delegates
will remain upon them while the con
ventions are In session. The specials
will terminate their runs in Portland.
This arrangement makes it certain
that, besides the visitors who come
especially to the Rose Festival and the
many tourists who pass through Port
land on their way to San Francisco,
more than 100,000 delegates to various
big conventions in Seattle will pass
everal days in this city after leaving
their excursion- trains here. ..
Among the large conventions to
be held in Seattle and which ' will
involve special train parties are:
The Shriners in August with 75,000
delegates; Knights of Columbus in
August, 10,000; United Yardmasters'
Association, 1000; Grand Council 01
United Commercial Travelers, 1000;
American Chemical Society, 1000; Amer
lean Bankers' Association, 3000; Amer
ican Association of Accountants, 350.
WOODYARD DEAL IS MADE
City to Open. Camp for Unemployed
at Beaverton ?ext Weefc.
Portland's first municipal woodyard
for the benefit of the unemployed will
be opened at Beaverton early next
week. Negotiations for the purchase
of timber were closed yesterday by
the City Commission with M. J. Kelley,
and an emergency ordinance was
passed appropriating $5000 to finance
the first camp.
The men will be paid 75 cents a cord
for reducing the timber to cordwood
and will be given board and lodging
for 75 cents a day. The City will pay
$1 a cord for the timber, which will
make the total cost of producing the
cordwood not more than $2.50 a cord
Employment at the camp will be
given only through the Municipal Em
jjloyment Bureau. The bureau will in
vestigate the cases of the applicants
for the work and give the Jobs only
in needy cases. It is proposed to
alternate the crews to distribute the
work as much as possible.
The Council also closed negotiations
yesterday for a woodyard on the
ground owned by the Oregon Iron &
Steel Company near Oswego. This yard
cannot be made ready for operation for
some time. Commissioner Brewster
has an 'agent seeking other tracts
upon which the camps may be estab
lished. Efforts are being made also
to get land owners to let contracts for
the clearing of land by the unemployed.
TWO INJURED BY CARS
Miss Ethel Day Suffers In Collision
and li. "W. Carey Rnn Down.
Miss Ethel pay, 18 years old, an em
ploye of the Meier & Frank Company's
store, received severe injuries to her
face when an automobile driven by A.
H. Bell, of 649 Ladd avenue, collided
with a machine driven by Charles
Ganoe, 1121 Arnold street, at Sixth and
Main streets, yesterday. Miss Day was
riding in the car driven by Mr. Ganoe,
Mr. Bell's machine was going east on
Main street, on a down grade, and Mr.
Ganoe was traveling north on Sixth
street. The collision was only a few
feet from the City Hall and Miss Day
was carried into the building for med
ical at-tention. She was badly cut by
glass from - the windshield- Neither
Mr. Bell nor Mr. Gano was hurt.
R W. Carey, a retired farmer, was
struck by a Columbia Highway auto
bus at Sixth and Washington street
early yesterday. He sustained bruises
to his side and a minor fracture of the
skulL The Ambulance Service Company
removed him to Good Samaritan Hos
pital. His home is at 424 East Fiftieth
street North.
Mrs. E. Kodger9, Pioneer, Fasses.
HARRISBTJRG, Or.. Nov. 18. (Spe
cial.) Mrs. Elizabeth Rodgers. one of
Oregon's oldest pioneers, passed away
at ner nome near tiarrisDurg Govern
ber 12, aged 88 years. Funeral serv
ices were held Saturday, with inter
ment in Alford Cemetery.
It Is not Improbable that within a few
years the whole of the nitrate trade from
Chile to Europe, which Is now being carried
on largely by BritlBh sailing vessels round
Cape Horn, will be diverted through the
fanama tanai.
SWING IS DOWNWARD
Wheat Market Affected by
Visible Supply Report.
GREATER THAN EXPECTED
Increase Over Last Tear's Show in
Is Over Five Million Bushels.
Irices Lose Half to Nearly
v ' Full Cent.
CHICAGO, Nov. 16. Surprise over an lm-'
mense gain shown in the United States vis-!
lole supply pave a downward swing today
to the price of wheat. Closing quotations
were steady, but He to 0e under
Saturday night. Corn suffered a net loss
of to me and oats of He. In pro
visions the outcome varied from 0 cents
decline to an advance of 2H cents.
Wheat traders had expected an increase
of the visible supply, but were unprepared
for an enlargement of fS, 535. OOO bushels, tar
surpassing the big record at the correspond
ing time a year ago, 3, 860, 000 bushels. In
Chicago alone the stock on hand was aug
mented by more than 1.OOO.000 bushels dur
ing last week. The aggregate of the domes
tic supply now In store is the largest In
years. Furthermore, receipts continued
heavy today at the primary terminals,
reaching 8.008,000 bushels as against 1,-
625.000 bushels last year.
Important buying of December and May
wheat on direct foreign orders upheld the
market until the final hour of the session.
Colder weather that favored the handling
of the new crop had a bearish influence on
tne corn market. Receipts were liberal and
the export demand, which of late has been
a feature, was lacking. V,
Oats tended to sag with corn. Besides,
there seemed to be something of a letup tn
the call for cash oats..
Despite an advance In hog prices here.
the provision market averaged lower. Pack
ers appeared to be chiefly responsible for
holding the market steady.
The leading futures ranged as follows:
WHEAT.
Open. . High.
Low.
1.14
1.2014
Close.
J1.14
1.20
Dee $1.14
1.1S
May . .
1.21 hk
1.21S
CORN.
.68
Dec.
.as
.71 H
May
7114
.70
.71
OATS.
.4974 .4T4
.53 .53 T4
MESS PORK.
Dee.
.40
.53
.49H
.SSH
May
May
Jan.
.19.5214 19.6214
.19.20 10.20
19.52 Vi
19.1:4 14
19.55
19.1214
10.55
10.42H
May 10.60
Jao. 10.40
10.60
10.45
10.55
10.40
SHORT RIBS.
May 10.50 10.55 .10.60 10.52
Jajl 10.2O 10.274 10.20 10.25
Cash prices were as follows:
Wheat N'o. red S1.14U MIJ.IU : o
hard. S1.14 hi G 1.1514.
Corn No. 2 yellow. 701 &lVlc: new. ft
70c: No. 3 yellow. 7U-V 4i 7 4c ; new. 66
68 Vic.
Rye No. 2. Sl.05Hei.OO.
Barley. 618Uc
Timothy, t 1.75 05.25.
Clover. J10W14.
Minneapolis Grain Market.
MINNEAPOLIS. Nov. 16. Wheat. Decern.
ber, $1.1274. May. $1.18Vi: No. 1 hard.
Sl.17: No. 1 Northern, $1.14tt frLlStt : No.
2 Nortnern. H.13HW1.U. .Barley. 57 5 Sc.
Enronean Grain Markets.
LONDON". Nov. 16. Cargoes on nassaaa
steady but dull.
opened at 9s 7d. Com December closed at
us du; .lanuary os ou.
San Francisco Grain Market.
SAN FRANCISCO. Nov. 18. Snot quota
tions: Walla walla, $1.H2V4 S 1.05; red Hus
sion, tl.9UWl.021 : Turkey red, l..t5ni 1.07 V :
Diuestem, iivifev-uu; reea Dariey. xjl.zoci
1.22: white oats. 1.52!4 41.55: bran.
$24.5u25; "middlings, 30 431; shorts, 2o
Call board Wheat firm: no trading. Bar
ley nrm. uecerooer. i.zt dio, asaea.;
May, l.?4Va.
Pnget Sound Wheat Market.
SEATTLE. Nov. 16. Wheat Bluestem.
11.16: fortyfold. SI. 15: club. 11.18: Fife.
xi.u:,red Russian. Jl.Dl: Turkey red. SI. 11
lesteraays car receipts w neat 2U. oats
5, barley 7. hay 12. flour 11.
TACOMA. Nov. 16. Wheat Bluestem.
S1.1C; fortyfold, $1.15; club. $1.12; red Kite,
$1.10.
uar receipts wneat 2, parley l. corn 1.
oats 3. nay ia.
PERS0NAL MENTION.
C. Weeks, of "Astoria, is at the Carl
ton.
J. F. Wortman, of Medford, Is at the
Imperial.
Hans Kallandrud, of Mosier, Is at the
Cornelius.
Jo. E. Shute, city, ia registered at
the Eaton.
C. R. Hlbbard, of La Grande, is at
the Oregon.
Robert Slenquist, of Missoula, is at
the Carlton.
-Dan F. Mason, of Junction City, is
at tne Seward:
B. A. Brackenbury, of New York, is
at the Nortonla.
C. W. James is registered at the Cor
nelius from Salem.
Mrs. L. I. Ranke, of Spokane, is reg
istered at the Baton.
John C. Cosgrove. of San Francisco,
is at the Multnomah.
Harry E. Watson, of Seattle, is reg
istered at the Oregon.
P. J. McMurray, of Tacoma, ia reg
istered at the Perkins.
Miss Nell Ciebllng, of Whit Cloud
Kan., is at the Perkins.
Mr. and Mrs. Tomi Johnson of Se
attle, are at tne ssewara.
S. W. Stark is registered at the Mult
nomah from Hood River.
Charles T. Early, of Hood River, Is
registered at the Oregttn.
Mr. and Mrs. F. E. Newby, of Hood
River, are at the Imperial.
H. B. Waldron, of White Salmon.
Wash., Is at the Cornelius.
Mr. and Mrs. J. H. Scott, of Olympla,
are registered at the Eaton.
Mr. and Mrs. H. C. Smith, of Los
Angeles, are at the Nortonia.
J. B. Fields registered at the Im
perial from Astoria yesterday.
Mr. and Mrs. W. H. Richardson, of
Roseburg, are at the Imperial.
Mr. and. Mrs. H. C. Remington, of
Minneapolis, are at the Perkins.
Mr. and Mrs. E. E. Fritz, of Bell
ville. Wis., are at the Nortonia.
H. W. Wright, of Fairbanks, reg
istered at the Carlton yesterday.
Professor H. M. Parks and family,
of Corvallis. are at the Nortonia.
Mr. and Mrs. C. W. Erickson. of
Prescott, Or., are at the Carlton.
Joseph E. Myer, of the Cadillac Hotel
at San Francisco, is at the Seward.
E. V. D. Paul, of the La Sal ranch,
near Sheridan, is at the Cornelius.
Misses Claudea and Kathryn Mummic,
of Eugene, are registered at the Eaton.
N. M. Lamberton and Rudolph Keich,
of Aberdeen, Wash., are at the Per
kins. C. R. Maybury, night clerk of the
Hotel Savoy at Seattle, is at the
Seward.
Mr. and Mrs. Joe Knowles are at the
Oregon. Mr. Knowles is the "nature
man" and is appearing at the Pan
tages this week.
Mr. and Mrs. J.-lC Simpson, of Stev
enson, Wash., are at the Multnomah
William Jones, of Jones. Scott & Co.,
of Tacoma, is at the Multnomah.
It is estimated that three-fourths of the
money spent on a modern battleship is dls-
uiuuiea ia me supo or Wj
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
UNITED STATES DEPOSITORY
Capital .... $1,000,000
Surplus .... $1,000,000
OFFICERS
X C AIXSWORTU. Presides.
R. IEA BARJTEii. -Vice-. Presides!. XV. A. HOLT, Asst. Cashier.
A. M. WRIGHT, Asst. Cashier,
R. W. SCHMEER. Cashier. P. s. DICK. Asst. Cashier.
This Bank has been in exis
tence for eight years. Its policy is
conservative, but at the same time it is in
full accord with modern ideas. As a result,
its condition has always been sound and its
growth steady. Your account is desired.
lumbermen's
National. Bank
Fifth and Stark.
Capital and Surplus $1,200,000.
Is another factor which tends to make your relations with ns agree
able. You will find that our service is different from that of other
banks. Promptness, courteous treatment and many other small con
veniences make you feel at home the minute you enter our doors.
Whether you come in to deposit or just look around, you will find
a friendly atmosphere everywhere.
WE PAY 4 ON SAVINGS DEPOSITS.
Merchants National Bank
MEMBER FEDERAL RESERVE SYSTEM.
Founded 1886. Washington and Fourth Streets.
LADD & TILTON
BANK
ti.sssiiaet i&oau
Capital and Surplus
Commercial and
DAXX.Y METEOROLOGICAL REPORT.
PORTLAXD. Nov. 18. Maximum temper
ature. 4? degrees; minimum, 40 degrees.
River reading, S A. M., 6.04 feet; change
In last 24 hours, 0.1 foot fall. Total rain
fall, E P. M. to 5 P. M., u.l Inch. Total
rainfall since September 1. 1914. 9.05 Inches:
normal, 8.81 Inches; excess. 0.24 Inch. Total
sunshine, none; possible, ! iiours 26 minutes.
Burometer reduced to sea level) 5 P. M.,
30.35 inches.
THE WEATHER.
Stat at
vea.ih
STATIONS.
Baker ........
Boise ........
Boston
Calgary .......
Chicago ......
Denver .,
res Moines . . ,
Duluth
Eureka .......
Oalveton .....
Helena
Jacksonville
Kansas City . ,
Los Angeles . .
Marshfield ....
Medford
Montreal . . . . .
New Orleans
New York ....
North Head
North Yakima
Phoenix
Pocatello
Portland
Roseburg ....
Sacramento
St. Louis ....
Minneapolis
Salt Lake
San Francisco
Seattle
Spokane
Tacoma
Tatoosh Island
Walla Walla
Washingtotn
Winnipeg .....
4010.
46 0.
6t 0.
10 '.
001
4'E Cloudy
4l.N W, Cloudy
00
34 18 W
00 4 SH
Pt. cloudy
Clear
Clear
2819
.OlOiiW
2S 0
32 0
16:0
56:0
62 0
.JiU 4 N'W
.00 4 W
Clear
. Onll 6 SW Snnur
00 6 NE Cloudy
Clear
20 0
.00 4 N
.00 14'NW
Snow
76,0
32 0
Clear
Clear
Pt. cloudy
Clear
Clear
Cloudy
Clear
Clear
Pt. cloudy
00 8 NW
76,0
60' 0
6610
4410
6010
60i0
48 0
40 0
.00 6 S
. oe 4.vw
.O0 4 SW
.oo;:4'iW
.00H8IN
2 0 ' 4 4 N W
.0014 B
001 4 S
7410
.00 4 NWIClear
.001 01-NWJPt. cloudy
.011 4'NE -Cloudy
.01 4SE Clear
40JO.
47U
64 0
660
uu ti'i- ciouay
,OOI14:.VW;CIear
32 0
220
46 0
640
.00 12 W Clear
.00 4'NWClear
.001
6 NW Clear
46 0
300
.00
.02
4(SR Cloudy
4,NE
4!N
Cloudy
Cloudy
Cloudy
Cloudy
46.0
00
42 (
.10 30 E
.02 4!SE
3410
660
. OH 32, NW Clear
.01 1SNW Clear
14,0
WEATHER CONDITIONS.
An Immense high-pressure area extends
from the North Pacific States east to the
Dakotaa and thence south to the West Oulf
States. A moderate disturbance Is mov'ng
down the St. Lawrence Valley. Light rain
has fallen In Western Oregon and Western
Washington and moderately heavy rain has
fallen In the Middle Atlantic and New Eng
land States. Light snow has occurred In
BITULITHIC
pavement is a val
uable asset to any
city because of its
beautiful appear
ance, its proven
durability and be
cause its use
means a saving.
Watch for
DODGE BROTHERS'
Announcement
Soon.
FVIC
S2.000.00D
Saving's Deposit 3
Eastern Oregon, East Washlnirtotn and in
portions of Idaho, Montana. Minnesota. Col
orado and the Ohio Valley. Tho temper
atures are below normal in nearly all por
tions of the United States and zero weather
was reported thia evening in Sa&liatchewan
and Manitoba. .
The conditions are favorable for fair
weather in this district Tuesday with con
tinued low temperatures.
FORECASTS.
Portland and vicinity Tuesday fair; east
erly winds.
Oregon Tuesday fair; easterly winds.
Washington Tuesday fair except rain ex
treme northwest portion; easterly winds.
Idnhn Tuesday fair.
EDWARD A. BEALS. District Forecaster.
TRAVELERS' GUIDE.
FRENCH LINE
Csnpagnle (ienermle Transnt lantiquew
POSTAL. SERVICE.
Sailings for HAVRE
CHICAGO Nov. 28, 3 P.M.
TtOCHAMBEAU Dec. 12,3 P.M.
LA T0URAINE Dec. 19, 3 P.M.
CHICAGO Dec. 26, 3 P.M.
FOR INFORMATION APPLY
C. W. Stinger, So 6th St.: A. I). Charlton,
33S Morrison St.: li. M. Taylor. 4J. M. 3t bt.
P. Ry.i Lorrv B. Smith. 116 3d St.; A. c.
Sheldon, lOO 3(1 t.; H. !ikao". 348 Wash
ington ft.: North Bank Itoad. nth and Mark
it.; F. S Mcharland, 3d and Vah.lnirtoa
sts.; K. II- Duffy, 124 3d St.. Portland.
San Francisco
LOS AXUEIES A.r SAN DIEGO
S. S. ROANOKE
Salla Wednendny, November 18,
1. M.
NORTH PACIFIC STEAMSHIP CO.
Ticket Offlea t Freight Office
12tA td i I Foot Northrup 3t.
Main 1314. A 1314 II Main S2G3. A S422
AUSTRALIA
TAHITI A.SU Mi. IV ilb.iU.l.
Regular throusb msUUng (or Sydney w.m
Tftinti and Weii.ngton from baa FcauctK.
Nov. 11, Dc 8. Jan. 6. and eve. jr 2s daya
Send for Pampctiet.
lolon teamuip Co. ol tNcvv Zealand. t.tlW
OUT Ice: fcli Market ireeu San A, raBCao
ar .ocal 6. . tut a R. K. aicenLa
jua mi Arrrouuo t'oria
Frequent Haiiiiis truiu )uik tv ne
and fast (i2,00U-ton passenger steamers.
17 DAYS TO BIO JANEIRO.
23 DAYS TO BUENOS AYRES.
SU5C DANIELS. Go. Ata S firetdway. IN. T.
Horsey C Smith. SO and iVuMiutuo Sia.
Or Local Agents.
COOS BAY LINE
fil'fcAJtaiiU' UlUs.aik.WArfc.ii
Sails from Alnswortb dock, Portland, s
M. STery Tuesday. Frelsnt and ticket ol1--
lower Alniworm dock. P. C B. S 3. Lias
L. a. Keattnc Agent. Phones Mala CilOu. 4
2382 City Ticket Office. AO Sixth St-, C W
fciluser. Agent- Phones Marshall aMt
ClKl
S. S. BEAR FOB
SAN FRANCISCO
LOS ANGELES
3 F. M.. NOVEMBEB 17.
The San Francisco A Portland 8. i. Co
Third and Vahincton sis. (with O.-VvT
B. k, Co.). XeL JlarshaU 4500, A 6121,