THE MOTINTNG OTtEGONTAN, TTTTTT? SD AT, VTlTSETt ?G, 1914. 15 COUNTY'S TAX LIKELY 22 MILLS Multnomah May Pay for All Purposes $7,488,000 or U Cut of $1,460,000. SOME LEVIES UNCERTAIN Economical Tendency, However, Slakes Lower Kates Sore Board ' of Control to Anticipate Money to Be Spent by Legislature table: showing multnomah county tax levy com parjson fok years 1014 AND 1915. 1914. 1916. Mills. Mills. State 4.60 a. 60 State School 1.20 1.20 County (general) 1.75 1.7S County high school .15 .16 County roads 1.80 1.80 County library 45 .45 Port of Portland 1.85 1.00 City of Portland 7.70 7.50 School District No. 1.. 7.50 6.00 Total levy 27.00 22.35 Note The levies as shown for 1915 for state, 1 state school, county, county high school, county roads, county library and Port of Portland have not been definitely fixed. The county levies are still uncertain. The state levies and the Port of Portland levy prob ably will be the official figures adopted. Although budget-making for 1915 has not been finished In all branches of the government supported by tho taxpayers of Multnomah County, the work has gone far enough to Indicate that there xv 111 be a big reduction in taxes In 1915 o compared with the present year. The uncertainty of the levy for road construction In Multnomah County makes the aggregate levy for all gov ernmental purposes uncertain. Should the levy remain the same as for 1914, the aggregate levy for all purposes will be close to 22 mills, as compared :wlth 27 mills for the present year. There will be reductions In the amounts raised for the City of Portland, the Port of Portland, the state and school district No. 1. County Rate Yet Uncertain. As far as the City of Portland and the school district are concerned, the reductions have been definitely settled. For the state and the Port of Portland they are practically certain. For the county the whole proposition Is still in the air and no definite figures can be Riven. The county has the fixing of the levies for the general county expense?, the county roads and the county li brary. There is a possibility, it is said, of reducing the levy for general county and library expenses. The county road question is too uncertain to permit of any estimates. Should the county levtes all remain as they were for 1914, the total tax levy to which taxpayers of Portland are subject would aggregate 22.35 mills for 1915. as compared with 27 mills for 1914. In other parts of the county the levy would differ, according to the branches of government to which the taxpayers of the parts ottside Port land have to contribute. Generally throughout the county beyond the limits of the City of Portland the levy would be 14.85 mills. Reduction of S 1, 400,000 Likely. On a levy of 22.35 mills for Portland and the millage for tho rest of the county, as shown in the accompanying table, tho taxpayers of Multnomah County would contribute to the sup port of all branches of the govern ment for 1914 a total of $7,488,000. or $1,460,000 less than was paid in for the came purposes for 1914. The total taxes lor 1914 were $8,948,000. Under the 22.35 mills levy each $1000 of assessed valuation In Portland would pay a tax In 1915 of $22.35, as com pared with $27 for 1914. This shows a reduction of $4.65 on each $1000 of as sessed valuation. Last year the as sessed valuation of Multnomah County vas $341,000,000. It is given this year at $335,000,000. or a reduction of $6. 000,000. Of the various branches of the gov ernment which have reduced taxes the school district heads the list. Last year the levy for schools was 7.5 mills. This year the levy has been fixed by the taxpayers at 6 mills, a reduction of 2.5 mills. The City of Portland has reduced its levy two-tenths of 1 mill, or the equivalent of $60,000. Saloon Revenue Made Up. Had It not been for the adoption of prohibition and the consequent loss or revenue to the city the city levy would have been at least 7 mills, or $150,000 less than it is now. The state levy has not been fixed, but It is figured by State Treasurer Kay that it will be 3.6 mills, or a reduction pf 1 mill over the levy for 1914. Under the old tax law the State Board of Control heretofore has fixed a levy in the December prior to the biennial sea ion of the Legislature, without regard to appropriations which might be made by the Legislature. This made it neces sary to make a big levy the year after the legislative session to raise the money for the appropriations made. Under the new tax law the Board of Control is permitted to anticipate the action of the Legislature. Conse Quently it is the plan to raise $1,000,000 additional taxation in 1915 to provide for the legislative appropriations. Under the old law the levy for 1915 would have been $1, 000,000 less in 1915 but would have been Increased in 1916 to make up the appropriations of the Legislature. The state levy of 3.5 mills as proposed Includes a 1-mill millage tax raised to provide for road work, maintenance ot the University of Oregon and some of the other institutions. The state tax levy will be flxed by the Board of Con trol within a short time. It has been tstimated by the Port of Portland officials that the levy for port purposes will be .8a of a mill less next year than this year. This will make the port levy 1 mill. It may be unaer that. Increase In the levy for 1914 was made necessary by the appropriation to the Federal Government of $475,000 for work on North jetty and the Lower Columbia. The port, levy will be den nitely fixed at a meeting of the Port of Portland Commission December 10 The levy for county purposes will be flxed within a short time. A commit'. tee of business men has been working on a budget with particular attention to the levy for road construction and maintenance. COOLERS TO BE METERED Council Passes Measure Over Ob jections of Mayor Albee. w. tfr- liners havings coolinar arransre i menta in connection with their plumb- Ing- must put in meters. This was the verdict of the City Commission yes terday, when Mayor Albee presented formal objection to a proposal of Com missioner Daly to charge a rate of $3 a month for the coolers. Over the Mayor's objection the Council passed an ordinance doing away with the pro posed $3 charge and requiring such services to have water meters. There are about 225 such services in the city. Mayor Albee said he does not be lieve in the Council forcing water users to put on meters while the question of universal meters Is awaiting vote of the people under the referendum invoked by water users last Spring:, when the Council passed an ordinance providing; for the meters throughout the city. Commissioner Daly contend ed that the water coolers cause much waste of water In the Summer time, and therefore an excessive rate should be charged or the services should be metered. Mayor Albee contended that tho water ' coolers do not cause waste of water, and even If they do. there is an ordinance providing for the prosecution of the persons ao wasting; the water. HOG SUPPLY IS HEAVY PRICES CONTINUE TO DROP IN LOCAL. MARKET. No Sale Made Over 7.30 at North Portland Yards Sheep and Luibi Are Firm. Hogs continue to lead in receipts at the North Portland yards. Yesterdays run was smaller than on the earlier days of the week. but the total supply this week has cot ahead of the demand, ana the market consequently has a bearish Inclination. The top price for the day was $7.80, against $7.45 on Tuesday. Heavy hoes sold at $0.30 and pigs brought $0.75 and $7. There was a little bnslness In cattle car ried over from the preceding; day. Steers sold from $S to $6.75. The mutton market remains firm. There were further sales of Iambs at $0.75 and ewes and yearling's brought the going prices. The yards will be closed today. Receipts were 10 cattle, 2 calves. 751 hogs and 645 sheep. Shippers were: With hogs L. A. Ralston, Parmar, 1 car; F. B. Decker, Hubbard, 1 car; w. F. Nlelson, Junction City, 1 car; Fred Peterson, Iderdal, Idaho. 1 car; H. M. FX. Keridan, 1 car, H. W. Royer, Arco, Idaho, 1 car; J. T. Couper, Condon, 1 car. With sheep C. H. Falks, Jr., Halsey, 1 car; Patton A Overton. Halsey, 2 cars; M. J. lowdcn, Lowden. Wash.. 8 oars. With mixed loads J. s. Flint, Junction City, 1 car calves and hogs; C IS. Warner, Lebanon. 1 car cattle and hogs. The days sales were as follows: Wt Price, i Wt. Price. 1 steer SO steers 1 bull . 1 cow 2 steers 6 steers 14 steers 5 hogs 47 lambs 2 hogs 41 hogs 7 hogs 60 ewes 11 ewes 133 lambs OHO 5.o 78 hogs 204 $7.30 . . 870 6.50 a bogs m 0.30 1K3 7.00 280 6.76 210 7.80 . 1160 4.001 .. 770 8.60 , .11.10 6.00 ..1080 8.2D 4 Logs 2 hoea 4 ho&a 1 hog 1 hog 37 hogs 1 huK- 210 7.R0 800 6.80 110 .lo 810 6.30 158 7.30 . . 930 6.75 .. 108 6.40 . . 68 6.75 . . 425 6.80 40 hogs 200 7.!tO102 hogu ... 19 7.80 460 6.301 8 hogs 130 7.0O 134 li.TO TO nogi ... 229 7.00 ll'.S 4.C0I IS hogs 1S1 7.25 SO 6.73 2 hogs 120 6..0 113 6. 2r I 12 year Currnnt Drlces of the various classes of stock at the yards follow: Cattle Prime steers $7.0og T.RO Choice steers 6.506.7a Medium steers .................. 6.25 3 b Choice cows B.75a il.25 Medium COWS 6.25(63.75 Heifers .......................... 5.25ft6.2.l Calves aoOji S.00 Bulls 8.00'f4.7i Stags 4.5000.00 Hogs Light 7.007.30 Heavy 6.006.30 Sheep Wethers 4.00.1.60 Lambs 6.00 6.75 Omaha Livestock Market. SOUTH OMAHA. Nov. 25. rloes Re ceipts 8400. market stea&y. Heavy. S7.40 tfi-an: ugnt. (. ouitfi.cs; pigs, ti.0O4f T.zo; bulk. $7.4G7.65. Cattle Receipts 1200, market steady. Na tive steers, $6 60 10.00; cows and belters. f.ovw i.4u; wesivrn steers. sj.uuc& s.ou; Texas steers, $5.75 7.10; cows and heifers. $5.257.00; calves, $8.00010.00. Sheep Receipts 6S0U, market strong. Yearlings e.75S7.25; wethers, $5.50&6.00; iaznos. ea.wtuf v.vu. Chicago Livestock Market. CHICAGO. Nov. 25. Hon Recelnta SA- 000, market weak to Cc under yesterday's average. Bulk, S7.30&7.o6; light. $7.0O4 7.50; mixed, $7.20a7.65; heavy, $7.107.60; rough, $7.10(8 7.20; plBS, $5.00i.t5. Cattle Receipts 7000, market steady. Beeves, $5.75(10.50; steers. $5.400.00; cows and heifers. $3.6909.20; calves. J8.i54i 11.50. . Sheep Receipts 20,000, market weak. Sheep. $5.306.00; yearlings. $6.20&7.&; lambs. $a.5O(ij.00. BAKER MINES SPEED UP Humboldt and Others Prepare to Resume Activity. BAKER, Or, Nov. J5. (Special.) From all parts of Raker County come reports of continued activity in the mining camps. The big Humboldt mine, at Rye "Valley, has completed sinking- its shafts and will resume tak ing out ore in a few days. The mill will be started within a week. A new electric pump is belnsr In stalled in the Rainbow mine, in the Rye Valley district, and development worn, wmcn has been halted by water In lower levels, will be resumed. C. D. wheelock and a force of men have gone to the Sumpter district with a large drill to prospect for quartz. xne bumpter dredge has been taking: out nuggets in large quantities. SIGN CONTRASTS EGG MART "We Pay 40 Cents and Sell at S3" Aimed at Chinese Product. COTTAGES GROVE. Or, Nov. 25. (Special.) What the free importation of eggs means to the American egg producer is brought home to the Cot tage Grove egg producer by a Cottage Grove atore. In the window of the Johnson store appears this sign: "We pay 40 cents for eggs and sell for 25 cents." Inquiry at the store brings out the information that it is Oregon eggs for which 40 cents is paid and eggs shipped in from China which are sold at 25 cents. The proprietors are strong Republicans. The sign has attracted considerable attention from persons and many have called lor an explanation. WHEAT IS SOLD AT $1.06 Record Price Paid In Asotin County and Barley Also Soars. ASOTIN, Wash., Nov. 25. (Special.) The record price for wheat in Asotin County was paid Saturday when the M. H. Houser Company bought from R. C. Stone 1000 sacks of fortyfold at $1.06 a bushel. Even when the Interior Warehouse purchased 2100 sacks of brewing barley at $1.06 a 100 pounds the farmers did not come out in large numbers to dispose of their grain. A further advance is expected before long. Linn ton Installs Water Hydrants. WILLBRIDGE, Or, Nov. 25. (Spe cial.) Eight water hydrants and 17 electric lights are being installed by the town oi unnton in the Willhridge district. Man Kills 3 Mountain Iions. ciaL) Ellis Miller, of the Rogue River district, recently killed three mountain lions in one dkt. SHIPSlET ADVANCE Profit in Higher Wheat Goes to Vessel Owner, Not Farmer. FIVE TO SIX CENTS LOST Local Grain Market Is Holding Up Well, Notwithstanding Strong Else in Freight Rates Barley Is Firm In Country. Wheat, would he worth 5 or 6 cents a bushel more than it is in the local market. but tor the recent advance In freights. As it is, the wheat market is holding up re markably well E4er the strain. Prices are but little changed from those of a week or 10 days ago. Where any reaction has oc curred, it has been aue. In a measure, to the weakness East and the postponement of spot delivery baying until the local docks ara cleared. Grain freights to Europe by sailing ship are now quoted at 40a and some owners want 42s 6d. Steamers, because of the strong demand everywhere, cannot be hau for less than GOa, This advance of 10 to 15s over the rates ruling only a short time ago. comes out of the Oregon and Wash ington farmers' pockets, inasmuch as the latter are deprived, to that extent, of the benefit of the higher wheat prices In Eu rope. The local markets therefore, by hold ing its own under the circumstances has done very well, particularly as the present export value ot club is estimated at not to exceed $1.10. At the nooa cession ot the Merchants' Exchange 10,000 bushels of February club were sold at $1.16, only half a cent jesa than this delivery brought earlier In - the week. January forty-fold was sold at 1.1S. a gain of half a cent over the bid price on Tnesday, while January bluestem, selling also at v$1.19, recorded a similar half cent advance. December bluestem, however, was a full cent lower, at $1.18. Prices asked for wheat for later delivery averaged a cent over bid prices, but tie spread between buying and selling prices of prompt wheat wa more, ranging trzm 2 to 3 cents. For the first time this season, more money was bid and asked for prompt forty-fold than for milling bluestem. The oats market was steady at $28 hid for prompt and $28.60, $27.75 and $29.75 for December, January end February, respect ively. Oats sellers would make no conces sions. The barley market tras firm as heretofore. In the country there was decided strength and farmers asked high prices. At Dayton. Wash., there was a sale at $1.17, equal to $27.25 here. This is materially above the Coast parity, as seller here asked $26.5t and the best hid was $25.50. Local receipts. In cars, were reported by the Merchants' Eicitaga as follows: Wheat Barley Flour Oats Hay Monday 114 10 19 13 8 Tuesday 43 6 5 5 7 Wednesday ... 77 8 5 7 a Tear ago 67 6 11 8 17 Season to date. 9576 OOT 12(13 11TA son Year ago. S7S5 1387 1122 861 13S3 COMMODITY MABKETS ABE FIRMER Fluctuations Are Generally Within Narrow limits. The generally downward movement in the prices of the principal commodities that has been ao pronounced for some time past ap pears to have been checked In the past week, there belnar Si alterations in the 318 quotations received -by Don's Review, ot WHICH 40 were advances as compared with 41 declines. More liberal supplies and mod erate demand had a depressing effect on the finer grades of .butter, but cheese developed a firmer tendency, and a shortage of fresh eggs resulted In higher prices for desirable stock. Except In corn the grain markets displayed well-maintained strength. but some shading; was reported on certain grades of flour, due probably to light domestio eon- sumption. Uvo meats and nearly all kinds of provisions were weak and irregular. The brisk foreign demand for American leather has stimulated business in raw ma terial, esoeclallv in heavy varieties, anoi there was a sharp upward movement to auotations on most kinds of hides. Tne market for leather, however, while very firm, was practically unchenged, so far, at least, as regards substances mainly used In this country. Though a more cheerful sentiment Is re ported In the iron and steel Industry, no tangible Improvement has yet appeared, and competition for the small amount of busi ness passina has caused further shading on certain products. In the minor metals, tin and antimony were easy.Tbut higher prices were established on lead, spelter and copper. Sugar, heans. naval stores, rubber, linseed oil. cottonseed oil and vegetables were Try firm, while coffee, silk, hemp, jute and nu merous drugs continued to move totrards a lower level of values. BALES OF OREGON WOOL AT BOSTON Prices Eonal to B8 to 60 Cents, Clean Basis. Territory Transfers. Amona the wool sales at Boston in the past week was a Quantity of Oregon wool In the grease, which - Is reported ' to have brought prices equal to about CSC0c, clean basis. A considerable Quantity of New Mex ico wool is reported on the basis of about 53c for fine wool of fair staple. This lino inoluded several hundred thousand poundc. one lot of some 200,000 pounds being re ported. Ia addition to the foregoing, a little business has been done In quarter and three. eighths territory at 25c In the grease, says the Commercial Bulletin. Some trading Is also reported in a limited way for fine staple at 63065c and half-blood at 60362c. Some three-eighths staole also was sold In limited quantity at 02053c, clean basis. A lot of 100.000 pounds of staple wool was sold at 22o in the rreasa. One lot of a half-million pounds of fine and fine medium territory clothing Is re ported cm the basis of 57 58c, clean, or nearlv 21c In the grease. A number of small sales of 50 and 60-bag lots are reported on a parity with the foregoing sales. TURKEY MARKET CLOSES STEADY Supplies Are Worked off to Satisfaction of Most Dealers. The Thanksgiving trade in poultry at wholesale came to a close Tuesday night. The buying yesterday was to fill In and was not extensive. Receipts during the day were moderate and most of the supply was disposed of. Two or three dealers still had turkeys on hand last night, but taken all together, the clean-up was as good ao expected, and the market closed falrly steady at the prices that prevailed since the opening of the week. It was otherwise with the live poultry frade. The supply In this . line was ex cessive in the last two days, aad many coops had to be carried over. The dealer! who were fortunate In cleaning up did so by sharp cutting. Hens and Springs sold at 12 cents and ducks at 10 11 cents. There was no sale for live geese or turkeys. The egg- market was firm, although some houses reported an increase in receipts. Butter and cheese were unchanged. FRENCH SCGAB BUYERS CAUTIOUS In Need of Supplies, but They Are Not Bid- oraej Ajcausc xneuweivee. Mall advices from the East say that France is still In the market for refined sugar, the purchases already made amount ing to 65.000 tons. Latest indications point to a reduction in their crop estimate of 350.0OO tons, even to a possible 250,000 tons final outturn. Anticipating such deficiency, France Is now estimating its requirements from outside sources at a total of 300,000 tons for the campaign year. Still, unlike Great Britain in anticipating the demand very far ahead. France Is very conservative hi Its bids for sugar from the United States and Cuba and does not thus far advance prices upon Itself, but la evidently waiting for a more Tavorabla time for buying for accumulations ahead. late Grapes Are Received. A fine shipment of Cornichon grapes was received yesterday and put on sale at $1.50. A shipment of Verdels also axrWed and of fered at $1.15. Five ears of bananas were received. Oranges cleaned up well, particularly the small and medium sixes. A car ot sweet potatoes was received and two cars more could easily have been used, so strong was the demand. Carlots ot sweet potatoea, lettuce and oranges are due Friday. Bank Clearings. Bank clearings of the Northwestern cities yesterday ware as follows: Clearings. Balances. Portland .J2.045.312 $l02,0ti0 Seattle 1,811,256 133.S20 Tacoma 275.8118 63.481 Snokane 6SS.825 94,211 PXIRTLAXD MARKET 3TJOTATIONS Grain. Flour, Feed. Etc Merchants Exchange, noon cession Prompt delivery: Wheat 11111. Bluestem $ 1.1 Forty-fold 1.1SH Club 1.1 Red Russian 1.07 $ 1.19 1.1514 1.10 1.11 Ji.00 25. SO 26.50 24.00 2&.00 Ask. $ 118 V4 1.20 . 1.19 1.1 8H 11 1.16 1.17 1.10 1.11 1.11 1.13 29.00 29.00 30.50 12.50 Red fife X.H uat No. 1 white feed ........ 2S.00 Barley No. 1 feed I4.0O Brewing 25.50 Bran 22.00 Shorts 22.50 Futures Bid. December bluestem .......S 1.1 7 Vi January niuestem ........ 1.19 December forty-fold ...... 1.17 January forty-fold ....... 1.1S December club ........... 1-14 January club ............ 1.15 February ciub ........... 1.16 December Red Russian.... 1.08 January Red Russian 1.10 December red fife.... 1.10 January red fife. ........ 1.10 December oats ........... 2S.50 January oate ............ 28.75 February oats ............ z9.75 May oata Sales 5,090 bushels December bluestem 11.19 10,000 bushels January bluestem 1.19 5,ojo bushels January forty-toid ...... 1.19 t.OOO bushel February club 1.18 5,000 bushels February club 1.18 M11.LJUKD Spot price;: Bran, $2424.5 per ton: shorts, $-6.26.00; rolled barley. $27.50 28.50. tLOUS patents. 10.00 per barrel: straights. $5.00; graham, $5.60: whole wheat. S3. HO. " CORN Whole. $38 per ton; cracked, $37 per ton. HAY Eastern Oregon timothy. S153 15.50; grain 'hay. $10 11; alfalfa, $18.50 14: Valley timothy, tl814. , Dairy and Country Produce. Local jobbing quotations: EGGS Fresh Oregon ranch, case count. 40Sj42c. candled. 42V4 4f3c tolltki Hens. 12c: springs, lie: tur keys, dressed, choice, 20i21o; ordinary, 18 lc: culls, 15&17C: live, JTffilSo: ducks. lOGj llc; geese, 10c BunKK creamery, prints, extras, stttc per pound in case lots; c more !n less than case lots; cubes. 31c cheh.se Oregon triplets. Jobbers juylng price. 15c per pound f. o. b. dock Port land; Young Americas, 15)6c per pound. vjal uancy, litx&izo per pound. FOiiK Block. lOe per pound. Fruits and Vegetables. Local Jobbing quotatlona: TROPICAL, FRUITS Oranges, navels. $S per box; Valencies, $3.2S&8.50 per box Japanese, per box. $1501.60; lemons. $3.50 (95.50 per box; bananas. Ivio par pound, grapefruit, $3.754; pineapples. 7 cents per pound. VEGETABLES Cucumbers. C0975c eer doz.; eggplant, 7c pound; peppers, 67ft per pound; artichokes. UOe per doaen; toma toes, tfvcvsi per crate: cabbage. u1q per pound; peas. lOo per pound; beans, 67c per pound; celery, 50 75c per dozen; caull. llower, 409 Toe per doaen; sprouts. So pex pound; head lettuce, $1.852 per crate; pumpkins, lc per pound; squash, lo per pound. GREEN FRUITS Annies. 65cStl.5 ner box; caaabas, IKo per pound; pears, SI 1.25; grapes, $1)1.50 per crate;-cranberries. t3&9 per barrel. POTATOES Oregon. 75(6 85o per sack: Idaho, S5c; Yakima. 85civSl: sweet po tatoes, 2c per pound. uaiu&s leiiow. 859uo per sack. Staple Groceries. Local jobbing quotations: ' SALMON Columbia River one-pound talla. 12.90 ner dosen: half-pound flats. $1.50; one-pound flats, $2.55; Alaska piuk. one-pound tails, $1.05. HONEY Choice. $3.25 per cue. NUTS Walnuts, 1524c per pound: Brazil nuts, 15c; filberts, 15 24c; almonds, 23 & 24c; peanuts, 634c; cocoanuts, $1 per uoaen; pecans, iwm2uc. BEANS Small wblte, 15.15; large white. 5c; Lima. 5?6V&c; pink. 4.80c; Mexicaa 6 He; bayou, 5.65c COFFEE Roasted, In drums, 18tt089ttc SUGAR Fruit and berryr $5.90; beet, $5.70; extra C, $5.40; powdered, in barrels. $6.15. SALT Granulated. 115.50 per ton: half- ground, 100s. $10.75 per ton; 6CS, $11.50 per ton; aairy, IK per ton. RICE Southern head, H6lc; broken, 4c DRIED FRUITS Apples. 80 ner sound: aprlcota, 13pl5c; peaches. 4c; prunes. Italians, iv; raisins, loose Muscatels, 80; unbleached Sultanas. 7Uc; seeded. 84to: dates. Persian, 7&7V&C per pound; lard. tA.su per oox; currants, 1 ize. Hops, Wool. Hides, Etc HOPS 1914 crop. 8tJ)llo; 1911 erop. nom inal. HIDES Salted hides. 13o per pound; salt kip. ISo; salted calf, 18c per pound; salt dry bides, 24c; dry calf, 18c; salted bulla. 10c per pound; green Lulls, 8 He WOOL Valley, 17lSc; Kastern Oregon, 15i20e nominal. MOHAIR 114 clip. J7'.io per pound. CASCARA BARK Old and new, 4o per pound. PELTS Dry, 10llc; dry short wool. 7 3c; dry shearlings, lOtoplSo each; green shearlings. 15i5a each; Spring lambs, 34 02ic: green pelts, October, 40 70c; .Novem ber. 70ljf80o. Provisions. - HAMS Ten to 13 pounds, l"4 9MMc-, 14 to 18 pounds, 19tt20xc; skinned, UViO 21c; picnic. 14 He. BACON Fancy, 18030c; standard, ISA tic DRY SALT CURED Short clear backs, 1417c; exports, 15pl7e; plates, IIQI80, LARD Tierce basis: Pure, 23Vs014e; compound. 9 Ho, Oils. KEROSENE Water white, dinma, bar rels or tank wagon, 10c; special drums or barrels, IS He; caseu. 17HZ4He. GASOLINE Bulk, 13o; cases, iOc"; engine distillate, drums. 7He; cases, 14He; naptha, drums, 12c. cases. 19a, LINSEED OIL Raw. barrels. 65o; raw, cases, (Oct boiled, barrels. 57c; boiled, cases, Slic TURPENTINE In tanks, e; la eases, (7c; 10-case lots, lo less. COFFF.R EXtlUSOE OPENS MONDAY Prices Have Declined 175 Points Since . July 30. NEW TORKkov. 25. The New York Coitea Excnanae will reopeu Monday. No vember 30. This announcement was made today, following a special meettng of the board of managers. It was believed that the board at its meeting today would also consider the question of opening the fu tures market tor sugar, in tnis connection, however, nothlna was done ano. the Question will come up at a later meeting of the board. The circulation of December notices, es timated at about 40.000 bags, was accom panied by further liquidation of contracts tiirough the voluntary committee of the Coffee Exchange today, out otherwise busi ness was comparatively quiet in advance of the -holiday, and the trade aso seemed to be walttnc- for the reopening ot the exchange on next Monday. Cost and freight offers from Brazil were about unchanged and the local spot market was quiet with Rio 7s quoted at 6c and Santos 4s at lo cents. Sales throueh the voluntary committee were 70.775 bags with December selling aa low as 5.15c ana closing at 6. 20 $j &. 30c; March. 5.6535.60o: May. 5.805.S5c: July 5.675.72c. On the basis of the closing price for December the market has declined about 175 points since the exchanges wero closed on July 30, but the old Interest Is supposed to have been reduced to very small proportions during the past four months and the action of the board of managers in deciding to reopen the futures market on Monday was generally expectea. Chicajro Dairy Produce. CHICAGO. Nov. 25. Butter, unchanged. Ekcts Receipts. 4oe.i cases; maraet, un changed. Cotton Mhrket. NEW YORK. Nov. 25. Spot cotton, nu let. Middling uplands. 7.75. Sales, G00 baiet. Daluth Unseed Market. Dt7LUT H. Nov. 25. Linseed Cash, $1.49H; December. i.4Q; May. zx.ou. Hope at New York. NE-W YORK. Nov. 25. Hops- Quiet. DtlifID S BROADER Best Grade of Securities Wanted at Higher Prices. CURB BOND TRADE NORMAL loan Kates Ate Declining in Xcw York Market Steel Trade Alone of Industries Snows Signs ot Backwardness. NEW YORK, Nov. 25. The fact that the stock exchange la to open at the end ot the week has further stimulated confidence in financial circles. This waa demonstrated today by an announcement of an early re sumption of business by the local coffee ex change and by a broader Inquiry for se curities of the better class, some of which attained the best prices recorded since the exchange suspended operationa Business dwindled In the unofficial mar ket, which waa fast losing all claims to future existence. United States Steel and Amalgamated Copper, which were the fa vorites there, have been practically with drawn .after recovering to a level short of July 3U quotations. Another Indication of 1 general return to normal conditions was fur nlshed by the curb, where trading in bonds at staoie prices was resumed. Of all important factors, the steel In qulry almost alone continued to evince signs of backwardness. Large sales of pig iron were reported for the last few days, but the real state of trade was shown by the will ingness of manufacturers to book orders for the first quarter of 1915 at present prices. It was generally believed that unless busi ness soon recovered in a marked manner price concessions and lower wagea would soon be announced. Another decline for 90-day loans to 4H per cent pointed to the abundant cash re sources at this center and beepoke the di minished trade. Local banks were refus ing money from Interior correspondents on the ground that it was not available for use at this time Bank acceptances were quoted at 1 per cent, which marked the lowest rate since the establishment ot the Federal Reserve Board. Exchange on London was less firm. The returns of the Southern Railway for October showed a losa in net earnings of $948,000, while the Atchison. Topeka & Santa Fe system for the same period gained $J75. 000. Announcement of numerous rate suspensions affecting some of the leading railway sys tems of the country drew renewed attention to the activities of the Interstate Commerce Commission, which has the 6 per cent rate decision under consideration. According to private cables London de rived no Tittle encouragement from latest advices respecting conditions here. British consuls were again quoted under the min imum figure recently named by the ex change. Details concerning the reopening of the stock exenange next Saturday for restricted dealings in bonds became known today. It is proposed to group the various issues of bonds under their proper classes, such as state, municipal, railroads, industrials and utilities. In each class a minimum price of 2 to 4 or possibly 5 points under July 30 prices will be fixed. There will be no quotations except for actual sales, thus doing away with all bid and asked prices. Official lists of transac tions will be Issued at frequent intervals under supervision of a special committee of five. Arrangements to meet the new bond mar ket were under way today. An enlarged epace had been set aside on the trading noor ana teiepnonic communication with brokerage offices was being restored There will be every facility for the rapid trans mission of business, but brokers will be re quested to make no publlo statement of tneir operations. MOST RESTRICTIONS ARB REMOVED Minimum Price Limits 8et oa Only Certala stock at I ttlcagu. CHICAGO, Nov. 25. The minimum price restriction on practically all stocks traded in on the Chicago Stock Exchange was re moved today. Beginning next Friday trac ing will be without price restrictions, ex cept on such securities aa are also listed on tne New York Exchange and closed at 815 a share or lower on July SO. The stock exchange here opened laat Mon day, and as a safeguard it was ruled that stocks could not be sold below the closing prices of July 30. except where a dividend had been deducted. Tbe stocks, however, have shown no apparent need of this sup port, and have generally shown advances. Although the eecurities of but six cor porations belong In the class from which the restriction has been removed, the action of the exchange waa regarded in La Salle street as Important in showing the strength ot the market, v Money. Exchange, Etc NEW YORK. Nov. 25. Mercantile caper. 4ei54.. Sterling exchange heavy; 60-day Dins. S4.t; lor caDies, z4.K8.70; for de mand. S4.S8.65. Bar silver. 4Kc SAN FRANCISCO. Nov. 25. Silver hare. 40 44 c Mexican dollars, 40 tp 42c Drafts igbt. oar: do teleeraph. .02. 8terlin Demand, il.Sa,; cable, (4.00 H. LONDON. Nov. 25. Bar silver steady at 23d per ounce. Money. 1 per cent. Discount rates Short bills, 24 per cent; throe months, 2 per cent. 4AN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay City ea Fruits, Vegetablee, Etc. CAN FRANCISCO. Nov. 25. Fruit Pine apples. 2.753.25: California lemons. Jl.75 4; apples, Bellflowers, 3080c; Oregon Newtowns, 00c&$1.15;. bananas, $1.26iqp; Mexican limes, 50 id 65c Vegetables Cucumbers, 35ff40c: string beans, 4 010c; eggplant, 23te6oc; tomatoes, iOUf COc Kkm Fanoy ranch. 45c; pullets, 34e; storage 27c Onions Yellow, 55065c Cheese Young Amerioa, 15Hlc; new, 10ra14c; Oregon, 14ic; Young America, lie Butter Fancy creamery, S2He; seconds, 28c Potatoes Delta Burhanks. per sack. 80c O $1; sweets, $1.40(1.50 per sack; Salinas Burbanka. 1.401.60: Alvarado, $UHJ1.30. Receipts Flour. 3578 quarters; brley, 16.190 centals; potatoes. 8390 sacks; hay, S30 tons. BARLEY PRICES JUMP AT BAKER Bids Are Raised to S2S Per Ton Other Cereals Also Higher. BAKER. Or.. Nov. 25. (Special.) Barley prices Jumped to a new high level today, $22 a ton. The advance Is declared to be the start of an lncreaae for this grain, which promises to go to unheard of heights until it is stopped. Dealers declare that there Is a great supply of barley held by the farm ers, far more than there Is of wheat. Other grain prices were at top quotations today, club whoat being 91, fortyfold and bluestem at $1.02 and oats at $1.17H. Farmers are holding, declaring whatever becomes of the outside market, there will, in any event, be a good local market for feeding hogs. Crop Yield Under 1912 Record. WASHINGTON. Nov. 25. Although pre liminary estimates of crop production this year indicate that the aggregate per acre yields of all crops will he about 9.4 per cent larger than last year's yield and about 2.3 per cent laraor than the 10-year average, they will still be smaller by nearly 5 per cent than the 1912 record large crop yields, according to the Department of Agriculture. The total production of com this year, it is estimated, will be about 10.6 per cent larger than that of last year. New York Sncar Market NEW YORK. Nov. 25, Raw sugar firm. Molasses sugar, 8.89c: centrifugal, 4.04c Refined steady. - Metal Market. NEW YORK. Nov. 25. Lead Quiet, S.8044C Dried Fruit at New York. NEW YORK. Nov. 25. Evaporated apples steady. Prunes firm. Peaches steady. EI ma Grange Elects. EL1IA, "Wash., Nov. 25. (Special.) At the regular meeting of Elma Grange No. 26, Saturday, the following officers were electedr Ray Flnlay, master; W. V. Beardsley, overseer; O. C. Mug grove, lecturer; Jennie Watson, secretary. For Your Safety- it is a wise provision to maintain a cash reserve for unexpected demands. Make us the custodian of your funds. Lumbermen 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 MEMBES FEDERAL RESERVE SYSTEM. Founded 1886. Washington and Fourth Streets. LADD & TILTON BANK Capital and Surplus Commercial and BIG SURPLUS SEEN Argent ina May Export 120, 000 Bushels Wheat. 000, PRICES WEIGHED DOWN Chicago Market Kallles Xear Close on Decided Kevlval ot Foreign Buying Europeans Take About 1,500,0 0 0 Bushels. CHICAGO. Nov. 25. Bearish estimates of the Argentine exportable surplus acted as a weight on the whoat market, but were off set la part by a decided revival of export de mand. Prices closed unsettled at me same aa last night to Vi S o down. Corn declined 4iio to 1$1His net. ,-nd oats to c. Provisions finished unchanged to &0 cents lower. Assertions by n high authority that Ar gentina would probably have as much as 120.000,000 bushels of wheat available for export led to much selling here. The bears al&o were not slow to take advantage of peace rumors and of authoritative roports indioating that the world's Winter crop of 1915 would be the largest ever seeded. Signs that an immense export business in wheat had resulted from the setback in prices were decidedly helpful toward the rally which was the chief point of interest during the last part of the day. Total sales to foreigners were figured at upwards of 1. 600,000 bushols. Fine weather and more liberal receipts mad the corn market heavy throughout. Oats were relatively firm In view of the weakness of other grains. The mala sup port appeared to be an activa foreign de mand. Provisions tended down rad. Selling pressure was laid chiefly to packers. Futures ranged as follows: WHEAT. Open. High. Low. Close neo 1.14 1.13 1.14 1.15 May 1.20 l.aoia 1.20 l-l!0 CORN. Dec 4',i .64 3 .3 May 8 .70 .oa ,w OATS. Deo. 49 .49 .49 .49 May aa .53 .52", AS PORK. Jan 1S.E0 18.55 18.50 18.50 May 18.03 18.05 1H.6J LAItD. Jan 8.85 May 10.05 9.90 10.07 9.80 9.81 10.00 10.07 RIBS. Jan .8T 9.92 9.84 .W May 10.1T 10.nu 1i.lT 10.2O rah nrlm. wAT X . VollOWS! WheatNo. 2 red, l.loal-lS j No. X hard, 1.10'il.l5i. Corn No. 2 yellow, new 6465o; No. 3 yellow, new, 6!&63c Rye No. 2. 1.07Oi.O. Barley 60 JSC Timothy $3.75 S.25. Futures ranged aa follows: European Grain Markets. LONDON. Nov. 25. Cargoes on passage dull. LIVERPOOL. Nov. 25. "Wheat, December, 9s d. Corn December, 5s 6d; January. 5s d. Aflnneajiolla (rain Market. MINNEAPOLIS. Nov. 25. Wheat De cember. 1.13: May, tl.18: No 1 hard Sl.19: No. 1 Northern. 1.15 a 1. lh ; No ! Northern. Jl.11- 1.18. Parley, 576Sc. Flax, 81.44 1.47 . San Francisco Grain Market. SAN FRANCISCO. Nov. 25. Spot Quota, tlons: walla Walla, $1.01 1.13 ; red Rtis. sian, $1.00ul,8l; Turkjy red, $1.0501.07; 122: white oats, S".5-lu5: bn, Jo Call Board Barley, December, $1.J5 bid, $1.25 asked; May, l.as bl. $1.35 asked. Paget Sound Grate Market. TACOMA. Nov. 25. Wheat Kluest-im. $1.16; -fortyfold. $1.15; club. $1.12; filo. 1Car receipts Wheat 18, barley 8, eats H, hay 2. SEATTLE, Nov. 25. Wheat Bluestem. $1.17; Turkey red, $1.12; fortyfold, $1.15; club, $1.14; fife. $1.10; red Russian, $1.0. Barley. $24.50 per ton. Yesterday's car receipts Wheat 15, oats 2, barley 12. hay 9. flour 7. WENATCHEE PLANT LIKELY Commercial Club Discusses Colii S tor age and By-Products Plans. WENATCHEE, Wash., Nov. 25. (Spe cial.) A monster meeting of the Wen atchee Commercial Club was held Mon day nonn to discuss ways and means of inducing the location here of one or more by-products plants and the prac ticability of a cold storage plant with a capacity of 3000 carloads of apples. Nu merous letters were read from compa- S2.O00.000 Savings Deposits nies considering locating hero. In the discussion of the cold storage plant views were expressed that It miRht be necessary for tho growers to get together under one big selling agency for the better protection of the fruit industry. This matter was re ferred to the new industries committee. Safe Sightly Sanitary Durable - That's Bitulithic Paving TRAVELERS' GUIDE. FRENCH LINE Campagnle Generate Trannatlautique. rOSTAL SERVICE. Sailings for HAVRE UOCHAMBEAU Dec. 12. 3 P.M. LA TOTJRAINE Dec. 19, 3 P.M. CHICAGO Dec. 26. 3 P.M. FOR INFORMATION APPL.T C. W. stinger. 80 th St.; A. 1. Chariton. 335 Morrison aL; t. M. Taylor, C. M. . bt. P. Ky : lorkey B. Smith, lit, 3d St.; A. C Sheldon. lOO 3d St.; H. lirkaon, 343 Wash ington si.; North Bank I.nad, 5th and tstark Ms.; F. S McKariand. 3d and Uanbingtua sis.: K. B. Duffy. 124 3d t. Portland. COOS BAY AND KCRIKA S. S. ELDER SAILS SOD.W, NOV. 20, 9 A. M. ANI KVKUY SITNUAV THEREAFTER. NORTH PACUTC STEAMSHIP CO. Ticket Office i Freight Office cket Office i Frelsrht Office li A Rd St. I Foot Northrup St. i 1314. A 1314. i aiain 6 HO 3. A W3- MAIN AUSTRALIA TAHITI AND NEW ZEALAND. Regular through ailing tor Sydney via Tahiti and Wellington from San Francisco Deo. 9, Jan 6. Feb. Z and every 28 daya. Send for Pamphlet. Cnion Stcnrar.il. p Co. of New Zealand, Ltd. Office: 67U Market ntreet, San Jr'raticiaco, or local 8. 8. and K R. agent. fl LAMPORT a H0UT LINE THE W0 R LOS GREAT GARDEN BAH1A, RIO Oii JANbilKU. SANTOS, MONTEVi-DiCO and BUENOS AVfitS Frequent sailings from New York by new and fast (lir.oOu-ton passenger steamers. ttUSK at UAMKLS, Gen. Acts liroaiiivay. N. V. Dorsey B. Smith. Kit aad Washington St a. Or jLocal Agents. 8. S. ROSE C1TV FOB SAN bKANCIiCO LOS ANGELEi S T. 51.. NOVEMBER 27. The San Francisco & Portland 8. S. Co.. TbirU and V asliington St, (wltil O.-W. R. at N. Co.). lei. Marshall 46UO, A 611. STEAMSHIP Satis Direct lor San Francisco, IXS ANGELES ANl SAN DIEGO. Today, 2:30 P. M., Nov. 23 8AN FRANCISCO. PORTLAND LOS ANOELES STEAMSHIP CO. UUMi BOLLAM, Agent. Ii4 Third St. A 431)0. Main SC. COOS BAY LINE STEAMSHIP BREAKWATER Sails from Alnsworth dock. Portland, 8 P. M. every Tuesday. Freight and ticket office, lower Alnsworth dock. H c C B S. S Lane. L. H. Keating. Agent. Phones Main 380S. A 2S32. City Ticket Office. 80 Sixth St. C W. Stinger. Agent. Phones Marshall 4500. A S12L. i