THE 'MORNING OREGOyiAX, WEDNESDAY, DECE3IBER 9, 1914. .
19
GLUB TAKES STAND
ONAPPROPRIATIONS
Commercial Body Wants Low
State Expenses and Part
of Reclamation Fund.
SPUR FOR BUSINESS PLEA
Xcgi&lation to Encourage Capital,
Benefit Labor and Draw In
vestors Asked Dane's
Position Deplored.
A resolution appealing to the in
coming Legislature to hold its appro
. prlattona within as low a limit as
possible and a resolution to the Rep
resentatlves in Congress urging them
to prosecute a vigorous campaign in
- behalf of the appropriation of the
promised share of funds from the Gov
ernment for the reclamation work in
Central Oregon were features of espe
ciallmportance at the meeting of the
board of governors of the Commercial
Hoard of Governors of the Commercial
Club yesterday.
The text of the resolution to the
legislators is:
Whereas, Capital for development of rail
roads, public utilities and manufactures in
Oregon Is furnished only in proportion as
investors Have confidence tnat tnexr invest
ment will be protected and tnat they will
ecure a profit from engaging In business,
and.
Whereas, Elaborate and costly systems of
control and inspection by state ana munici
pality have been carried to the extreme that
business enterprise is oppressed, investors
re discouraged and much-needed develop
ment Is retarded. - ThereXore, be it
Appeal for Capital Made.
Kesolved, by the board of governors of
the Portland Commercial Club, That we do
xiereby appeal to the members-elect or tne
Incoming General Assembly of the State of
Oregon to keep appropriations within as low
limits as possible, to repeal legislation
which, though, exalted in purpose, has
proved destructive In effect; to adopt an at
titude of encouragement towards transporta
tion. Dublic utility, manufacturing ana Dusti
ness enterprises; and to support only such
legislation as will foster the investment ox
caDltal. .stimulate industry ana increase mu
tufial prosperity, so there will be better mar
kets for Oregon products, more pront ror tne
producers and more employment and better
wages for labor.
Ciulms of State Put Forward.
Following is the resolution on recla
mation:
Whereas, In recognition of Oregon's claim
for a just proportion of Federal reclamation
expenditures in this fitate, and also In rec
ognition of Oregon belnjr the first Btate in
tlie Union to make a legislative appropria
tion for reclamation work, the Honorable
Kranklin K. Lane, Secretary of the Interior
in the Summer of 1013, announced his inten
tion of securing the expenditure by the
United States Reclamation fcervice ox 4oO,
0OO in the Deschutes Valley of Oregon; and.
W'hereaa, The state has completed Its ex
penditure of 5450.0OO of stale money in con
blderation of which Secretary Lane allotted
S4i0,0U0 Government rr.ont y ; and the engl
; neers' reports as to the feasibility of the
ID esc hu tea Valley projects are now filed with
becretary Lane; and,
Lane's Position Cited.
Whereas, Secretary Lane is quoted in th8
public press as declining sanction of the ex
penditure of the Government's f45O,0O0 un
less still another appropriation of (450,000 is
made by the Oregon State Legislature; and.
Whereas, This reported declination Is in
direct conflict with the terms of the orig
inal allotment" which was made "distinctly
in recognition of state appropriation already
made and does not in any way specify that a
new appropriation shall be demanded. There
fore, be it
Delegation's Aid Enlisted.
Resolved, by the board of governors of the
Portland Commercial Club, That we view
with disappointment this reported r f usal ny
the Honorable Secretary of the Interior to
fulfill the expectations created by him for
the 1 150.000 expenditure by the Government
In accordance with conditions which tm sub
stance and effect have been fulfilled entire.
hy the State of Oregon in its completed ex.
pecditure of $450,000 state money; and thac
we do hereby record our emphatic opinion
that it is clearly the duty of the Depart
ment of the Interior, now to expend the Fed
eral $450,000 apportionment, and that we
call upon our Senators and Represents tiveo
of Congress to present the claims of the
etate of Oregon vigorously before tl-e De
partment. ALL LINES ARE STEADY
ONLV
moderate: bx sines s
do.ne at yards.
Show Mos Are Sold At $7.25, But
Average Market Stock Holds
At ffl.Ott.
There, -was but little In the way of trad
ing done at the stockyards yesterday. Cat
tle receipts were fair, but otherwise the
run was small.
The hog market was steady. About 300
Tiead of show hogs were sold at $7. '25, but
the market for the ordinary run of com
mercial hogs was quoted at $6.00 aa the
top. Conditions in other lines were also
unchanged.
Receipts were 157 cattle, 1 calC and 52
hops. Shippers were:
With cattle William Bishop, Seattle, 1
car: H. S. Royce, Tacoma, 2 cars; A. C
Mills. Spokane, 2 cars; A. Somers, Wilkes
boro, 1 car; Y. W. Connell, Hunt's Ferry, 1
car.
With hogs Guy I, Harvey, Brooks, 1 car;
F. I. Damhman, Xewberj, 1 car.
With mixed load M. T. Whalen, Wood
land. 1 car cattle and calves.
The day's sales were as follows:
wt. I'rice. wt. PHce
,. :10$t? 2 - 4 calves ... 3."S2S4 23
. 7 -".4 3.25 110 hoes ir.S rt.i-;
1 heifer
1 steers
2 nrers
3 Metrn
1 heifer
1 rt.-er .
1 strop .
r bulls .
cow s .
1 cow .
1 cow . .
. - noxs .
. tj;;t ,i.oot30o hogs .
.. 70t ft. 40! l! hogs .
.-f JMj .-.-. 4 calves
. !iu t..jr i cow .
. 1is-j 4. ."Ml, 1 cow . ,
, . io;.t r.oo! s:; hogs .,
.. I.VU) 6.25 2 hogs .
-.1440 4 2.V
. :;;io 6. sr.
. 2o 7.2u
. 300 7.25
. .3r2 4.J5
.1440 4.25
. 40 5.7S
. 209 6.75
. 470 5.75
1 cow
.. S40 3.73
Jtairrent cnci-s of the variuiu ric.
toik at the yards follow:
Prune steers ,
$7.007.25
5.75 to 6.00
0.."Wf 6.75
6.2:.'frC.50
5.75.25
5.25, i 5 75
r.5rnri.i'5
0.00'tiS.OO
3.00 'jt 4. 75
4.50 6.00
6.756.00
5.75 i 5 iK
4.ooea.oo
4.V53.O0
6.50 if 6. JO
t'hoice cows
i hoioo stoers .
mm steers
I'hofco cows . .
MhcMuiii cows ,
li.'Ue-s
Calves
Kull-s
ttas
Hons
l.itehi .........
Heavy ........
Sheep
Wethers -
Kwe.t .........
Lambs
Omaha Livestock Market.
ROUT II OMAHA. Neb., Dec. ?. Hogs
7;pce!t.'ts. 54.U0; market, higher. Heavy. $4.70
f(5.yu; light. $6.S5ii6.05; pigs, $0.;03 6.30.
bulk of sales. i.75 U 0.10.
Cattle Receipts, 4000; market. Ann.
Native eterrs. $6.75to0.75; native cows and
heifers. $5,50 6 S, Western steers, $ E3.5t;
Texas fetters. $5.75 7.25; Texas cows and
heifers. $5.25S7: calves. $Stfl0.
Shep Kec.Mpt. S40O: marker. Mcher.
Tarllnps. $6.50 7. wethers, $5.55 5 75
2am be. $7.50 it S.
CnicaKO LlTeMock Market.
CHICA'JO. Dec- S. Hops Receipts. 26,
yV): market, stronc. 15 to 20 cents above
yesterday's averane. 'Bulk of sale. $ S50
T.40. .ight. $6.757.65: mixed. i.75b7.65;
heavy. $6.75j 7.00; roufih, $6.75 It i.S5- tIks.
4. 757.35. " V
Cattle Receipts. 4000 ; nil rket. firm.
Christmas cattle. $114H.75: native steers.
5.75e 10.7O; Western. $5,2538.50: cows and
fcIfers. S3SSI9S.50; calves. $.M9n.
feheep Receipt, 12,000 market, atroos;.
Sheep. yearling. S6.30&7.20; Iamb
' Coffee and Sasar,
NEW YORK. Dec. 8. The coffee market
showed continued strength today, owing to
a renewed demand from houses with Kuro
Dean connections covering said m. little trade
buylns. The market opened at an advance
of 5 to 6 points and closed at a net advance
of 1, to Lt$ Dointa. Sales were reported of
23.000 bacs. December. 6.22c; January,
G.27c; February. 0.35c: March, O.42o; April,
6.4Uc: May. d.59c: June. 6.42c: July. 7.31c:
August 7.38c; September, 7.45c; October,
7.52c; November. 7.50c.
Spot coffee firm; Rio No. 7, 6c: Santos
No. 4. lOc
Owinsc to the holiday in Brazil there were
comparatively few firm offers, but the cost
and freight marker was unchanged to a
shade higher at 8:80c to 9.!Oc for Santos 4a.
xvaw sugar, steady. Molasses sugar, 3.24c
uau.uti.uKai. a.etfc. jtennea. steacy.
San Francisco Grain Market.
bAN PRAXCISCO. Dec. 8. Spot quota
tions: Walla Walla, $1.2 ; red Rus
s.an, lurney red, $1. VZ&l. 97V4
bluestem, 12 ifi 2.05. Feed barley. 11.22 V
white oau. $1.521. 55: bran, $25425.50
middlings. 130fr31: shorts. f2KGl( rut
Call board Barley December, $1.26 bid.
Dried Fruit at New York.
NEW YORK. Dec. 8. RvannmtpH annlM
quiet and firm; prunes firm ; peaches
ROLL OF SPEAKERS GROWS
Many Legislative Talks for Univer
sity Common-wealth Session Due.
UNIVERSITY OF OREGON. Eutrene,
Dec 8 (Special.) In addition to the
speakers who are scheduled for the first
special session of the Commonwealth
conference on legislative problems.
prominent men in state offices and af
fairs will be present to enter the "round
table' discussions, after the principal
speakers have presented their subjects.
Among: those who are to enter into
these discourses the following- names
are announced as assured
I. K. Day. State Senator from Unl tnanrnTi
County and chairman of the Celllo Water
Power Commission, who will participate In
toe discussion pertaining: to the formation of
nyaro-electrlc districts.
State Senator T. L. Perkins will tk Tinrt
in the discussion of the reorganizing of state
.uiiunisiracion.
J. H. Churchill. State Sunerlntenrtent nf
Public-Schools, will appear with a plan for
the reorganization of educational boards and
commissions into a department of education.
Hector MacPheraon, Ph. D professor of
economics at tne uregon Agricultural Col
lege, will ask the conference to consider past
resolution, on tne rural credit legislation.
The student assembly room in Villard Hall
has been turned over to the men attending
the conference by the university, and all con
veniences necessary to the needs of the mem
bers will be provided by those in charge.
Thursday's programme will be -devoted to
the problems of state reorganization and ad
ministration. This will be followed bv th.
auwjci, xuo rroDiem or. unemployment.
ROAD SPENDS $13,700,000
Washington
Improvements
Cost
Northern Pacific Much.
SEATTLE, Wash.. Dec. 8. Inmrove
ments costing: 13.700,000 were made
oy tne JNorthern Pacific Rallwav on
its lines in Washington during- the last
year, according to an announcement
made today by E. C- Blanchard. West
ern general manager of the road. The
largest items were S8.500.30U for the
completion of the Tacoma-Tcr.tno or
oint Defiance line, including a. dou
ble-track tunnel under Tacoma; double-
track work through the Cascade Moun
tains, at a cost of 11,140,000; new rails,
bridges and automatic signals, at a
cost of 1.264,000, and line changes and
sraae reductions at a cost of $1,400
000.
The Point Defiance line will be
opened to regular traffic December 15
giving a double-track, low-grade line
Between .Seattle and Portland. Al
though the Point Defiance line in
creases the distance between Puget
Sound and Portland two and a half
miles, reductions in time will be nnl.
uie, as neavy grades are eliminated.
HIGH WATER FLOATS LOGS
ileavy Rains Start Discharge of
North and South Forks of Coos.
MAESHFIELD, Or.. Dec. 8- fSoe-
cial.) Logging companies are' elated
today over the rise in waterways Which
has floated accumulated logs from
every Isolated section of the woods
to booms, where they can be held for
cutting:.
The north and south forks of Coos
River have been discharging their
timber since early dast night, and the
north fork of the Coquille had a fine
run all day yesterday and todav It
is raining tonight harder than ever
and there promises to be a general
freshet throughout the county.
D.4XLY METEOROI-OGIOAI. REPORT.
PORTLAND. Dec. 8. Maximum tempera
ture. 45.8 decrees: minimum. 39.0 degrees.
River readlner. 8 A. M-. 3.6 feet; change in
last 24 hours. 0.4 foot fall. Total rainfall
o P.M. to 5 P.M.). 0.44 inch; total rain
full since September 1. 1914, 11.49 inches;
normal rainfall since September 1 13.91
Inches; deficiency of rainfall since Septem
ber 1. 1M4. 2.42 Inches. Total sunshine,
none; possible sunshine. 8 hours 45 minutes.
Barometer (reduced to sea level) 5PM.
'9.tto lnchpa. '
THE WEATHER.
STATIONS.
State of
Weather
Baker .
.1 34 O.oo; 4 S ICIear
Boise I
42 0.00 4 SB Clear
Boston
.t 30 0.08 12 N Cloudy
Calgary .......
Chicago .......
Denver
Des Moines
Duluth ,
Eureka ........
Galveston
Helena
Jacksonville . . .
Kansas City
Los Angeles ...
Marshfleld
Medford
Minneapolis ...
Montreal
New Orleans . .
New York
North Head - . .
North Yakima .
I'hoenix
Pocatello
Portland
Itossburff
Sacramento ....
St. Louis
Salt Lake
San Krancisco .
Seattle ........
Spokane
Tacoma
Tatoosh Island
,. 12 O.O0U . ICIear
..I 42 0.2S 28 NE Cloudy
. l -4 tj ,t; snow
so u.is to NE Kaln
30 0.O0 28 NE iSnow
BO O. 84 M SE Rain
54O.02 10N Pu cloudy
14 O.OO; 8 SW Clear
54 0.74! SiN iRain
42:0.01! 0 Jf L.aln
..I 62 0.00! 8W Pt. cloudy
42 3.14' S IRain
..I 52 0.00 2J(SE iCloudy
..I 34 O.OO22SE JCloudy
. .1 3010.00:28 NE Cloudy
. .! 54 0. ssi a nw Pt. cloudy
..I 38 0.22I1S NE Snow
..I 42 0.50 20' E Cloudy
..I 34 0.14 8 NS Cloudy
. .1 58 O.oo: 4 W .;ciear
. .1 S4 o.oo! 4 SB ICIear '
. .!4S 0.44' 3 E iRain
.1 52 O. 241 4 SV ICIoudy
..I M.o.vo: 4SE r:lear
..I 44 O.02 10 N IRain
. .1 38 O.OO! 4 NYi7!CIear
..! 54 0.01! 4'S Pt. cloudy
..I 4SO.OOI SSB Cloudy
. .1 3S O.OO' S E Clear
. .1 4S O.OO12 SE Cloudy
48 0.01 40 E 'Cloudy
Walla Walla I K4 0.O0! o SW Pt. cloudy
Washington t 42 O.04 4 N Vloudy
Winnipeg 1 60.22 10 W IPt. cloua
WEATHER CONDITIONS.
The Northwestern disturbance Is still cen
tral off the North Pacific Coast; a second
ary disturbance is off the South Atlantic
Coast. High pressure continues over the in
terior of the country. Moderate to strong
gales have occurred over Western Washing
ton and Southeast storm warnings have been
continued at 6:30 P. M. at all seaports ex
cept Marshfleld. Maximum wind velocities
of 30 miles east at North Head. 36 miles
southeast at Seattle. 32 miles east at Tatoosh
Island and :to miles southeast at Portland
were reported. Precipitation has occurred in
the last 24 hours In the Gulf Stales and
most of the Northern States except Idaho.
A thunderstorm was reported from Tampa.
In general temperature changes were un
important, although with the southward ad
vance of the high-pressure area cooler
weather has prevailed over the Northern
Rocky Mountain and Plains Ctates.
The conditions are favorable for 'occasional
rain Wednesday in Western Oregon "West
ern "Waahincton and for generally fair
weather east of the Cascade Mountains
East to southeast winds will obtain, with
moderate to strong east to southeast gales
near the coast.
FORECASTS.
Portland and vicinity Occasional rain;
southeasterly winds.
Oreson and Washington Occasional rain
wett. generally fair east portion; east to
southeast winds reaching gale force near
the coast.
Idaho Generally fair.
THEODORE DRAKE,
artinj District Forecastec.
TWELVE-CENT HOPS
Market Is Advanced
English Orders.
With
PRICES ARE VERY STRONG
Smallness of Stocks in This State
Give Values Added Firmness.
Purposes of Hop Growers'
Association.
Twelve cents was paid for hops In the
Independence section yesterday, and this
price was bid for several hundred bales
more. The -market was strong;' and more
excited than It baa been for a long time.
There are. English orders of good size on
the market and prospects of a considerable
export business being; worked from now on.
The English market has firmed up. and In
spite of the large English crop of 50T.252
cwt.. Importers at London are preparing to
set additional supplies on this side. With
Germany's shipping facilities reduced, the
English trade baa bad an opportunity to
supply the colonial markets, and this has
reduced stocks In England to a material
degree. Now the brewers of England are
getting ready to stock un with Pacifies at
the reasonable prices prevailing; and orders
have been forwarded to this market. Total
exports from the United States for the sea
son to date have been under 20.000 bales.
At this time last year the exports were
about 65.000 bales.
The receipts of foreign buying orders at
this time when stocks on the Coast have
been much reduced bas given the market its
present strength.
The 12-cent sales yesterday were made by
Dewey Hill and Homer Hill, of Independ
ence. who disposed of 250 bales to T. A.
Llvesley & Co. The same price was offered
by other Salem and Portland firms, and 11
cents was bid In a number of sections. The
Burck crop or 160 bales at Rickreal was
sold to the Llvesley firm at 11 cents.
H. L. Hart bought 93 bales at St. Paul
at 10 cents, the Schroeder lot of 71 bales
at Harrisburi at 9V4 cents, and 90 bales at
Aurora at 9 cents.
McNeff Bros, purchased 160 bales of Ore
gons, including the Opltz crop at St. Paul.
ine Oregon Hon Growers' Association is
making good progress in getting its affairs
In working order. Subscriptions of about
1O0.OOO have been secured to its capital
stock of 300.000. and when half of the
capital stock Is subscribed, which will no
doubt be before the end of the 3'ear, the
association will be incorporated.
A form of contract has been decided upon
ana as soon as the association incorporates.
tne growers of Oregon will be signed up for
ineir ivia. lulu and 1917 crops. The agree
ment provides that 70 per cent of the acre
age shall be signed up and that the min
imum nrices shall be 11 cents for choice.
10 cents for prime. 9 cents for medium and
8 cents for common hops. Should 80 per
cent of the acreage be signed up. the sellers
win receive hair a cent in addition to the
above minimum prices. Resales by the as
sociation will be at the highest prices pos
slble. and whatever excess there Is over the
fixed minimum will go to the growers, tte
association deducting half a cent for ex
penses. Provision is made for extending
the contracts over the years 1918, 1949, 1920
ana l2l. ana for arbitration of any .dis
putes that may arise. ,
An expert will be employed to classify the
nops. wnlcn will be sold with other hops of
like grade and Quality and payments, which
will be in installments, will be based on the
average price at which all hops of like
grade and quality are sold by the associa
tion.
The growers requiring funds for culti
vating and picking- bops will be financed
by the association and. will, therefore, not
find it necessary to' make contracts with
dealers. The association will maintain ware.
houses and will sell to either brewers or
dealers.
MILLING WHEAT 18 HELD 11 RMLY
b Sales Are Closed at Merchants' Ei-
change Jroreign Conditions.
Milling wheat for prompt delivery -was
firmly held on the Merchants' Exchange
yesterday and sellers asked to 1 cent
more than on the preceding day. For other
grades buyers offered less and asked prices
were unchanged. Throughout the list of fu
tures, bid and asked prices yere the same
as on Monday to a cent lower. There were
no sales.
Other lines were also inactive. Oats were
unchanged, but for brewing barley bids
were advanced 25 cents. Mill feed was the
same as on the preceding day.
Local receipts, in cars, were reported by
the Morchants' Exchange as follows:
Wheat Barley Flour Oats Hay
Monday 83 6 6 12 12
Tuesday CS 4 4 1 5
Year ago 71) ... 7 14 17 9
Sean to date. 10329 S93 1200 1218 9o
Year ago 9846 1468 1264 1026 1454
Foreign crop conditions are summarized
by Bromhall aa follows:
United Kingdom Weather is generally
favorable and sowing of wheat continues,
with early sown showing good condition.
France Weather has been generally fav
orable for field work and a normal acreage
s claimed except In the war districts. Lit
tle threshing has been done, as labor bas
been employed in preparing for the new
crop. Wheat seeding can be done success
fully between the Loire and Seine rivers up
to January, ana even as late as February.
Threshing bas been stopped in the districts
where early seeding is necessary In order
to facilitate this, but even so the acreage
north of Paris will be . small and Spring
wheat only prospers In this district.
Germany Continued claims are coming to
hand of delayed seeding. The weather Is
now very cold, with heavy snow. Growers
are holding supplies with great reserve.
India The outlook for wheat continues
good. High prices are stopping business.
Australia Our agent confirms a greatly
reduced crop. Exportation will undoubtedly
be nil and Importation will be necessary.
Kussia crop conditions are about nor
mal.
Austria-Hungary Crop prospects are not
bad. as it is understood that very ntti
seeding has been done. All available men
have been forced In the army. The Gov
ernment fixation of minimum prices for food-
tuffs has stopped the advance.
Italy The outlook for the. new crop is
favorable. Supplies are under normal and
business In foreign wheat la very large.
Argentina Our agent cables "Weather un
settled, with rain in parts of northern
Buenos Ayres." Foreign bids are lower.
There is more disposition shown to offers
0 wheat for January shipment, but actual
sales so far are light.
COUNTRY HIDES DOWN IN THE EAST
Tanners Interested Only In Packer Bides,
Which Are Easier.
Altbougb the Eastern hide markets are
strong, the strength is only in the packer
division and' tho country hide market is not
maintaining its former high level, as shown
by the following wire received yesterday
from Chicago by a local dealer:
"There has been a strong demand for
packer hides since the first of the week
and sales In excess or 100.000 have thus far
been reported. Prices of all kinds of packer
bides have advanced. Country hides, on the
other hand, have receded In price from &
to 1 cent per pcunu. The reason for this is
that tanners are finding It difficult to pro
duce the kinds of leather now In 'demand
from country hides and are, therefore, re
sorting to packer bides."
From this. .It is inferred that prices for
country hides in the Western markets have
reached the top point for the season.
Poultry Supply la Liberal.
Poultry receipts were liberal and with a
fair demand r!ce held steady im mil lines.
Dressed meat arrivals were large and prices
were weak, especially on pork.
The egg market Is holding even for the
present and there is no likelihood that prices
wui aavance farther this season nnl
weather conditions cause a temporary abort.
age.
The dairy produce markets were un
changed.
OBAJfGES I'ROM SOCTBEIUI CA1XFOSK1A
first Car Is Beceived by 8teame
Due Today.
The first car this season of Southern Cali
fornia navel oranges was received by steam'
er yesterday- The fruit was in fine condi
tion. The steamer also brought a general
assortment of California vegetables.
Among the rail receipts was a car of
sweet potatoes, the last of the Held sweets
to be received this year. 'Cellar stock wil
now come forward regularly and will be
higher.
The banana train la due today. A car of
California grapefruit is also due this mora
ine.
Apple Exports Increase.'
Apple exports from all American ports for
the week ending last Saturday were 126,865
barrels, against 99,703 the same week a year
ago. OX this number New York shipped
41.772 barrels, Boston 22.770, Montreal 11.
912, Halifax 42,090, St John 8320. Of these
shipments 87,994 boxes were shipped and
are figured in the above.
Cables from London and Liverpool indl
csicu a strong reeling on apples, with prices
ruling about the same in both markets. Box
fruit was selling well. California Newtowns
were bringing I1.001.75; Oregons, $22.35,
and red varieties. $1.50a. Barrel apples
were bringing I35, according to quality,
with good sound red fruit having the prefer.
ence.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland 1,577,SS9 S207.541
Seattle 1,900.110 187,470
Tacoma . ::.i-i m 41 r,n.i
avunaae G29.051 71.891
PORTLAND. MARKET
QUOTATIONS
Grain. Floor, Feed, etc.
Merchants Exchange, noon session:
r-rompi aeuvery.
wneat
Bluestem
Forty fold
Club
Bid. Ask.
t 1.19 $ 1.2U $i
1.18 1.21
1.1014 1.1S
1.10 Mi 1.12
l.WV, 1.15
2S.00 28.50
24..10 . 25.50
26.00 26.50
23.SO 24.25 '
24.00 25.50
1.20 1.23
1.21 H 1.24
1.18 1.22
1.17 1.1914
1.18 1.21
1.11 1.14
1.13 1.16
1.14 1.16
1.15
2s.ro 20.00
2U.50 30.OO
32.00 32.50
24.00 24.25
: Bran. $21 24.50
Oats
No. 1 white feed.
Barley
No. 1 feed
Brewing
Bran
Shorts
Futures
February red I-' ussian.
February red fife
January oats .. . . .
February oats ....
May oats
January bran ....
per ton; shorts, J2U2GJ50; rolled barley.
127.50 28.50.
FLOUR Patents, $0 per barrel: straights,
S4.S0iSi5.60: whole wheat. $5.80; graham.
t.Ol.
CORN Whole, $36 per ton; cracked, $27
per ion. .
HAY Eastern Oregon timothy, $14 Is,
grain hay. $1011; alfalfa, $12fe13; Valley
Limotny, (imiz,
Fruits and Vegetables.
Local Jobbing quotations:
TROPICAL FRUITS Oranges, navels. $2
2.50 per box; Valenclas. $3.25 3.50 per
oox; Japanese, per Dox, 9UcEl.10; :em
one, S.3.O0 4.50 per box: bananas, 44c
per poand: grapefruit, $3.75 4; pineapples.
fc per pounu.
VEGETABLES Cucumbers, 50o dozen;
eggplant, 7o pound; peppers, 7Sc per
pouna: articnoKes, woe per dozen; tomatoes.
cueist per crate; cabbsge. lc per
pouna; Deans, ac per pouud; celery, 60
75c per dozen; cauliflower, 60c(g$l per
aozen: sprouts, sc per pound; head lettuce.
per crate; pumpkins, lc per pound;
squusn, xc per pouna.
GREEN FRUITS Apples, 63cl.S0 per
oox; casaDas, ic per pouna: pears. SI &
1.50; grapes, $11.35 per .crate; cranberries.
POTATOES Oregon. 85c per sack; Idaho,
vuc; xauuma, sx; sweet potatoes, 2o per
puuna.
ONIONS Oregon, buying price, $1.25 i, o.
o. snipping point.
Dairy and ' Country Produce.
Local jobbing qudtations:
Eggs Fresh Oregon ranch, case count.
40 41c; candled, 4243c.
POULTRY Hens. ll12c; Springs. 110
12c; turkeys. 'dsessed. 2021c: live, 1718ci
ducks, lolz6c; geese, ll12c.
BUTTER Creamery, prints, extras, 34c
per pound in case lots; c more in less
than case lot; cubes, 30c.
CHEESE Oregon triplets, jobbers' buying
price, 15c per pound f. o. b. dock Port
land; Young Americas. 16c per pound.
VEAL Fancy, 10 11c per pound.
PORK Block, 9c per pound.
Staple Groceries.
Local lobbing quotations:
SALMON Columbia River one-nound
tails, $2.30 per dozen; half-pound flats,
$1.50; one-pound flats. $2.55; Alaska pink.
one-pound talis, $1.06.
Honey Choice. $3.25 per case.
NUTS Walnuts. 1524c per pound:
Brazil nuts, lac; filberts, 1524c; almonds,
23, 24c; peanuts, 6o; cocoanuts, $1 per
dozen; pecans, 19 20c
BEANS Small white. 54c; large white.
5.15c; Lima, 6c; pink, 4c; Mexican,
6c; bayou, 6.35c.
COFFEE Roasted. In drums, 1833c.
SUGAR Fruit and berry. S5.9Ur lml
$5.70: extra C. $C.40: powdered, in barrels.
S6.15.
SALT Granulated. $15.50 per ton: half-
ground. 100s, $10.75 per ton; 50s, $11.50 per
ton; dairy. $14 per ton.
RICE Southern bead, 6?4c6c: broken.
4c
DRIED FRUITS Apples. 8c per Bound-
apricots, 1315c; peaches. 8c: prunes. Ital
ians, 8 9c; raisins, loose Muscatels, Sc; un
bleached Sultanas, 7c: seeded, 84c;
dates. Persian. 77c per pound; fard,
$1.40 per box: currants. 912c,
, Hops. Wool Hides, Etc.
HOPS 1914 crop, 9 12c; 1913 Crop. torn.
InaL
HIDES Salted, hides, 14c: salted bulls.
10c: salted calf. ISc: salted kid. 14c: green
hides. 12c: green bulls. bc; green calf,
18c; green kip, 14c; dry bides. 25c: dry
calf. 27c
WOOL Valley. 1718c; Eastern Oregon.
1520c: nominal. ,
MOHAIR 11114 clip. 27c per pound
CASCARA BARK Old and new. 4o" ner
pound.
PELTS Long wool dry pelts. Ilc4 short
wool dry pelts. 8c; dry sheep shearings. 10
wijO eacn; salt sneeo snearlngs. 15g25e
each; dry goat skins, long hair, 12 S 12 Wo:
dry goat shearings, 10 20c each; salted
sheep pelts, November. 75 90c each.
Provisions.
HAMS Ten to 12 pounds. 1819e: 14
to IS pounds, 1819c: picnic 12c
BACON fancy, z. o--ac; standard. 2.1
24c
DRY SALT CURED Short clear baclca.
13 16c: exports. 14 & 17c; pates, 11 13c.
LAttjj -tierce oasis: rure. 12zl2Ue:
compound. 8c
Oils.
KEROSENE! Water white, drums, barrel
or tank wagons. 10c; special drums or bar
rels. 13c: cases. 1720c
GASOLINE Bulk. 13c; cases. 20c: enrliu
distillate, drums 7c: cases, 14c; naphtha,
drums. 12c: cases. 19c
LINSEED OIL Raw. barrels. 55c: rw
cases. 60c; boiled, barrels. 61c; boiled, cases
62c.
TURPENTINE In tanks. 60c: in cases.
67e: 10-case lots, lc less.
Cotton Exports Increasing.
WASHINGTON, Dec. 8. More cotton than
ever ginned in any section prior to Decem
ber 1 is the record for this year as indi
cated by the Census Bureau statistics is
sued today, showing 13.066.105 bales passed
uirousa Kinam uuub. x nat was .4V.2tta
bales more than ginned to December 1 in
the record year. 1911.
Cotton exports picked up considerably
during November, when 760,349 bales were
sent abroad, according to an announcement
of the Census Bureau today. This is more
than was shipped during September and
October combined. The export of cotton,
however. Is far from normal, as last year's
exports for the three months were 4.206.581
bales. November's exports last year were
1.501,259 bales.
Imports- durins November were 14.574
bales.
DEMAND IS ASSURED
No Fear of Heavy Liquidation
of Stocks at Opening.
SECURITIES ARE FIRMER
Better Inquiry Is Reported for Spe
cial Steel Products, but Not for
. Equipment Materials Money
Rates Are asier.
NEW YORK. Dec. 8. Sentiment in finan
cial circles ivas considerably heartened today
by the decision of the Stock Exchange to re
sume restricted trading in stocks on Satur
day. This fee I In tr was accentuated not so
much in the volume of business for bonds
and stocks, which fell under the recent
hieh level, but in the firmer tendency shown
by nearly all classes of aecurltiea Moreover.
the day's liBt uf stocks submitted for pub
lication showed several additions to that
weueu yesterday, tuuicanne steaay CJtLcn
slon of the demand. ?
While no apprehension was entertained
respecting the wisdom of the move made
by the exchange. It may be said that every
precaution to insure its success will be taken.
The fact that It has not been deemed neces
sary to form a "money pool" to be used as
a back-stop against heavy liquidation was
in itself regarded as an indication that or
ferings would find ready absorption.
Unofficial news respecting the steel In
dustry suggested a better inquiry for spe
cial products, with a continuance of the
deadlock for equipment materials. November
tonnage of the united States Steel Corpor-
attlon. to be published on Thursday, was ex
pec tea to disclose snotner decrease in un
filled orders.
Following are the closing prices as Issued
by the Stock Exchange committee: .Last
sale.
Amalgamated 49
Beet Suear
American Can 25
American Can. nid uu
American Cotton OH 3
American Smeltlnr tc Reflnlnsr 51
Smelting, pfd AS
American Sutrar 10L A
American Tel. & Tel ...117
Atcmson vvyk
Bethlehem Steel 40
nrooKivn Transit 7
Canadian Pacific irG
Central Leather 364
Chicago & Great Western 10
St. Paul ST. H
Colorado Fuel 22
Consolidated Gas 115
Corn Products 8
uenvfr 4
Denver. rfd 10
IHntellera 12
Erie, first S2 Vn
Great Northern, pfd ..1124
1 1 1 inois uen trai lys
Inter-Met 12
Harvester 914
Lehigh Valley 129
Missouri Pacific 8
National League 41hk
New York Central 82
Norfolk & Western 7
New Haven M
iNorinern facme s
Ontario & Western 19
Pacific Mall 19
Pennsylvania 105
Peoples Gas , 110
Heading 13W4
kock isianu l
Kook Island. Did 2
Union Pacific 114
Union Pacific, pfd 78
Utah Copper 46
Westlnghouse Electric t4
j. exas KJll ..ISO
BONDS.
U S Ref 2s re.. 06 I (J S new 4s cou.lOSU
U S Ref 3 cou.. 9G NYC Gen 3s .80
U n os reg.. ... TOKN f 48 H914
U S 3s, coupon. .10O ItJ P 4s 5
U S new 4s reg.108 Wis Cen 4s 92
Money, Exchange. Ktc.
VPTtT TOR V Tr Pall'mnnav ataarlv
HlKh. 4: low. 3V. : rutins: rate. 3V4 : last
loan, 4; closing 01a, 3; last oriered, 4.
Mercantile paper. 4 0 4 : sterling ex
biiaiiK-c cas . uaj sj.ai u: iui
pe, easy: 60-day bills. $4.8475; for
h C4. frtr- rtmn nrl . XA Par
cables. $4.8773. tor demand. . $4.8725. Bar
silver, 50 4 c
LONDON, Dec. 8. Bar sliver, 23 d per
ounce.
Money, 114 per cent.
SAN FRANCISCO.
S. Demand.
$4.84; cable, $4.87.
SAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Baj City on Fruits,
Vegetables, Etc.
SAN FRANCISCO, Dec 8. Fruit Pine
apples, $2.58.25; California lemons, $1.75
3.S0: apples, iseuriowers. CO 75c: Oregon
Newtowns, 90c$1.15; wines ape. 90c 3 $1.25:
bananas, fi.zd(Q 1. 1 o.
eretabUs Cucumbers. S&iSSOc: beans. 6
8c; eggplant, 25 & 60c; tomatoes. 50c$l.
Eggs Fancy ranch, 4uc; pullets, 34c; stor
age, 28c.
Onions Yellow, $11.25.
Cheese Young America. 14 15c: new,
143 136c; Oregon, 14Wc: Young America.
ltic.
Butter Fancy creamery. 31 Uc : seconds.
z&c.
Potatoes Delta B urban ks. ner sack. 90c
si.iu; sweets si.oixai.tfo per sacK: Salinas
Burbanks, $1.25 1.60 ; Oregon Burbanks.
Receipts Flour. 9240 Quarters: barley.
j 7. a jo centals; potatoes, 300 sacks; hay,
151 tons.
CROSS-BRED WOOLS AT FAJllINE PRICES
Sharp Adrance la London Market -Merinos
Unsaleable.
LONDON, Dec. 8. Offerings In the wool
market today were 9500 bales, mostly Sydney
ana wueensianu merinos, ituying was con
fined to the home trade, which often naid
an advance of 5 per cent for cross-breds.
ihese wools are now at almost famine
prices.
Merinos were neglected. Fine mediums
were 10 to 15 per cent lower. Inferior
grades were practically unsalable at a de
cline of 20 per cent. Notwithstanding
tne orders now in the hands of manufac
urers and tne government's announcement
that it would permit the exnortation of
merinos to America under restrictions, there
s not American buyinjr yet. This Is due to
the fact that negotiations regarding the
guarantees to be furnished by exporters to
America are still in progress.
MELBOURNE, via London. Dec 8. At
tne wool saies neia here today the best
grades advanced from 6 to 7H Per cent.
SYDNEY. N. S. "W.. via London. Dee.
American and, Japanese competition against
Yorkshire imparted a more cheerful tone to
the wool sales today, and prices ruled In
sellers' favor.
Naval Stores.
SAVANNAH. Dec 8. Turnentlne Virm.
4Itc: no Hales: receipts. 42a barrels ship
ments. 2,"9: stock. 32.787.
Kosin Firm; sales 417 barrels; re
ceipts. 2105: shlnments. 1165- storks. 1 -
Quote: A. B. C. D. E. K. G. H. $3.25:
T. S3.40: K. $4: M. $4.50; N. $5.25- WO,
$5.tJQ; WW. S5.S0.
Chicago Dairy Produce.
CHICAGO. Dec 8. Butter. unrhanrMl.
Eggs, unsettled; receipts. 4259 case; c
mark, cases included, 20 t?2&c; ordinary
nrsts. 2e27c: firsts. 2830c
Metal Market. i
NEW YORK. Dec. 8. Conner firm
trolytic, 12.87 1300: casting. 12.6712.87.
J-fVMU. Ij WCl, d. It) tfi
Duluth linseed Market.
TTifT t TTTTT Tssto. Q T lt..Uil t- , .
December, $1.50, May. $1.52. ' ' " '
Hods stt New York.
NEW YORK. Dec. 8. Hops quiet.
BUENA VISTAHOPS SOLD
Growers, Despairing of Higher
Prices, Iiet Crops Go.
BUENA VISTA, Or.. Dec. 8. (Sd-
cial.) Owins; to tho loss Jast yes-r by
growers holding- the crop, hopgrowera
n tnis vicinity have sold the ereater
part of the 1914 crop. The hops were
held for several weeks in hopes of
higher prices, but as the prices rose
slowly, the growers decided to sell.
The crop was much smaller than
usual this year in the Luckiaraute Val
ley and In many other sections of Polk
County, but the hops were solid and of
an exceptionally good quality. A great
er acreage is planned for next year.
The First National Bank
FIFTH AND MORRISON STREETS.
CAPITAL AND SURPLUS .........$3,500,000
Interest Paid on Savings and Time Deposits
Security Savings and Trust Company
Fifth and Morrison Streets.
CAPITAL AND SURPLUS S400.000
THE BANK OF CALIFORNIA
NATIONAL ASSOCIATION
of San Francisco. Founded 1864
Capital Paid In. $8,500,000.00
Surplus and Undivided Profits $8,271,525.33
Commercial Banking. Savings Department.
PORTLAND BRANCH
Third and Stark Streets
LADD & TILTON
BANK
Established X83.
Capitat and Surplus
Commercial and
CROP NEEDS RAIN
Drouth in Winter Wheat Belt
Strengthens Prices.
KANSAS IS SUFFERING
Grain Is in Critical Condition In
Part a of Tnat State Lower
Cables Cause Weakness Early.
Corn and Oats Decline.
CHICAGO, Dec. S. Absence of needed rain
In Central and Western Kansas tended to
day to offset wheat weakness that was due
largely to lower cables. Prices closed un
settled. 93aO off to c up, compared with
last nlsht. The outcome in corn was Ho to
& He decline, and zor oats a setback of
to He. Provisions finished Sc to 12Hc
higher. '
Notwithstanding that favorable weather
has prevailed in most of the Winter wheat
belt drouth reports from Central and West
ern Kansas continued today and attracted
increasing attention. It was said the crop
there was in critical condition, as owing to
lack of moisture 40 per cent of the planting
was not up yet. and 10 per cent had sprouted
and died.
Although wet weather promised a lessened
movement from rural holders, corn turned
heavy near the end of the day. Hedging
sales were depressing and the demand from
the East was not of encouraging volume.
despite 100,000 bushels having been dispose'd
of for export.
Oats swayed almost wholly In sympathy
with corn. Shipping call was slow and the
receipts continued to exceed the estimates.
Provisions ascended, owing to the hog sup
ply at packing centers ' being less ample
than had been expected. 'Packers sold rather
freely on the bulge.
Xieadlng futures ranged as follows:
WHEAT.
Open. Hlch.
Low.
$1.164
1.21 H
Close.
$1-164
1.21
.6214
.68 54
Dec.
l-18tt $1.17.
1.21 H 1.21-54
CORN.
.62 .63
.68. .69
OATS.
.47 Ti .47 Ti
.51 .51
PORK.
May
Dec.
May
.62 H
.68H
Dec.
May
.47 H
.51H
.47 H
.01 H
May 18.50
18.60
1S.E0
18.55
LARD.
. 8.77 H " SO
.10.05 10.05
Jan.
May
9.77
10.02 V
9.T7H
10.02 H
SHORT BIBS.
Jan .72H 9.75 9.72 H
May 10.07 H 10.10 10.05
9.75
10.07 H
Cash prices were as follows:
Wheat. No. 2 red. 11.17 61.174:
No.
; No.
hard. $1.17 ii 1.18.
Corn. Xo. 2 yellow new. 63&63HC
yellow new. 61462Hc.
Kye. no. a, si.iuh 01.il
Barley. 59 70c.
Timothy, S3. 75 5.50.
Clover, $12 a 14.50.
Minneapolis Grain Market.
MINNEAPOLIS. Dec. 8. Wheat. Decem
ber. 1.14'4: May. $1.18: No. 1 hard. $1.19:
No. 1 Northern, $1.15HLlbH: No. 2 North
ern, si.i. & l.isvk.
janey. owosc.
Flax. $1.48 l.CL
European Grain Markets.
LONDON. Dec S. Careoea on nassace
steady but ouiet.
Puget Sound Gnala Market.
TACOMA. Dec 8 Wheat Rluect.m
$1.17: tortyfold. $1.16: club. XI. 14: Fif
$1.12.
Car receipts Wheat S8, barley 3, rye 1,
hay 12.
SEATTLE.
Dec.
red.
8. Wheat Bluestem,
$1.1.1; Tortyfold. $1 18:
$1.18: turkey
The
Canadian Bank
of Commerce
HEAD OFFICE
Toronto, Canada.
Established 1867.
A general banking business
transacted.
Interest paid on time deposits.
Commercial Letters of Credit
Kirhaarr on Losdos, Esuslsusd,
Uouaht aaa Solo.
PORTLAND BRANCH.
Corner Second and Stark Sts.
F. 0. MALPAS. Manager.
$2,000,000
Savings Deposits
club. $1.16H: red Russian, $1.10
Barley $24.50.
Yesterday- car receipts Wheat 32. oats
8, barley 7. hay 14. Hour 10.
' Cotton Market. .
NEW TOPIC. Dec 8. Spot cotton quiet
MiHunlanris, 7.5A,
TKATELEB8' flUTDE.
To tired folk who need abno
Int. rer. nl change of .cen.
there is nothing to equal a
trip to Anatralia. vi the fcsjd
ney Short Line among th.
beautiful Islands of the Pac
ciho. The splendid 10,000 ton
Americas Steamers
'Sonoma." "Sierra" or
"Ventura" (olaaaed 1) A1
X,loyla) afford every lnxnrj
and convenience.
Sydney via Honolulu ia 19 days.
jtoana trip, Sydney $337.50
Honolulu $116. Grand Tour ol
South Seaa. including Hnnolnln.
Samoa. Is'rw Zealand. Tahiti and
Anatr.liaS337.au.
Write for illustrated folder, wlta
colored mapsof thelalandaof the
Pacific.
Sailings -
Honolulu
Dec. 22,
Jan. 5 and
19, eto. '
Sydney
Dec. 22.
Jan. 19, etc.
OCEANIC S. S. CO.
673 Market St.
San Francisco. CaU.
Steamer
Service
Steamer "HARVEST O.TJEEN"
leaves Ash-Street dock dally ex
cept Saturday, 8 P. 1L, for Astoria
and way points; returning, leaves
Astoria dally except Sunday, 7
A. M.
Tickets and reservations at O.-VT.
E. N. City Ticket Office.
Third and Washington streets;
or at Ash-Street Cock, Phone:
Marshall 4500. A 6121.
San Francisco
LOS ANGELES AND 6 AN DIEGO
S. S. YUCATAN
Sails Wednesday, Dec. 9, at P. M.
NORTH PACIFIC STEAMSHIP CO.
Ticket Office ,i Freight Office
7A,8i St- fl Foot orthrup St.
Main 1814, A 1314 V Main 6208. A 5422
LOS ANGELES
and SAN DIEGO
Special rate on steamships tale
AND HARVARD. December . 11-12.
Make reservations immediately.
SAN FRANCISCO, PORTLAND
LOS ANGELES S. S. CO.
Frank: Bollam 124 Third - street.
Main 28. A 4586.
COOS BAY LINE
STEAMSHIP BKEAKWATLMt
Sails from Alnsworth eock. Portland, r p.
M. .very Tuesday. Freight and ticket oUloa!
lower Alnsworth dock. P s C B. a. s. Lan.
L. H. Keatlns. AsaaL Phona. MrjD KOt. A
I3S2. City Tlck.t Office to 8H'-a at. C W.
Stlncer. Acent. Phones Marsha': 45 00. A Sill.
S. 8. ROSE CITY SAILS 3 P. M., DEC. 13
. SAN FRANCISCO
LOS ANGELES
The San Kranciaro Portland S. 6. Co.,
Third and Washington bis. ( with O.-W.
R. a: N. Co.). Tel. Marshall 4500, A 6121.
American-Hawaiian Steamship Co.
"The Pumi Canal Lime."
EXPRESS FREIGHT SERVICE
Between Portland, New York, Ronton,
Philadelphia and Charleston.
For Information as to Rates, Sailing's.
Etcx. Call on or Address
C. D. KENNEDY. A sent,
STO Stark Street. Portland, Or.
NIGHT BOAT FOH TUB DALLES
Str. State ot Washington
Leaves Taylor-st, dock Mon.. Wed.. Fri
day, at 11 P. M. for The Dalles, Lyle.
Hood Klver; White Salmon. Underwood.
Carson, Stevenson. Returning:, leaves
The Dalles Sunday, Wed.. Fri.. 7 A. M.
Tel. Main 613. Fare 1 including- berwh
on cisnt trip,