TTTT2 MOKNTNG OREGOMAX, FRIDAY. CECTEDITiER 11. 1914. "
19
NO WHEAT SHORTAGE
Statistics Indicate Small Sur
plus for Season.
LARGE TIDEWATER STOCKS
3rarket Is I-'lrin With Farmers Re
fusing to Sell and Speculative
Holders Confident of Fu
ture of Prices.
It is not so certain thAt the wheat supply
In the Pacific Northwest will be exhausted,
this season. In spite of the strong war de
xnavnd from Europe. Stalls ties based on
shipments to date, the movement during th
remainder of the season as Indicated by ton.
nt engagemontF, and the probable Coast
requirements, make it appear that n ex
cess of about 7.500,000 bushels will remain.
This surplus, however, may be eliminated,
as some reserves will be carried into the new
season by millers in the shape of flour and
more or leas will go to the Orient during
the Winter and tSprinc. Shipments of flour
to the Atlantic seaboard and to the west
coast of South America will also be somo
w hat of a factor In the later situation. There
may. likewise, be further charterlnc for
shipment of grain to Europe.
Tb tonnage now in sight will take care
f almost 10,000,000 bushels of wheat, aa
shown by the following:'
Portland To arrive, i1.919 registered tons;
In port, 2:;, 144 registered tons; total, 115,0(13
roplstered tons (45,.t& gross), 9, 085, bill
bushels.
Fuget Pound To arrive, 11,110 registered
tons; in port, lilSO registered tons; total,
3 2,588 registered tons (21,8'J9 cross), 79 1.7 63
.bushels.
Total capacity, Portland and Pueet Bound,
0,877,5m bushels.
Tho movement of wheat to date from the
North Pacific Coast and the probablo ship
xnents and other requirements, with their
effect on the supply situation are here given:
2usbela,
Shipped to December 1
Hume consumption
. .17.o85.073
..2U,000,UOO
T
. .37,085,07 U
. . 9,fe77.54
. . -4,000,1X10
Total
Export requirements.
California
Shipments, etc
3014 crop
Carryover
. .51,56, t7
..55,000,000
. . 4,000. UOO
Total supply 59.ooo.ow
Shipments, etc .51,uti,0U7
Surplus 7,437,333
From the beginning of the season to De
cember 1, wheat receipts, flour ...eluded, at
Portland, Seattle and Tacoma were 13,591,127
bushels In excess of the quantity sent oat,
which explains the crowded condition of the
clocks and warehouses at the three ports.
Keceipts to December 1 were as follows:
Wheat
Portland
Tacoma
Seattle
Total
Flour
Portland
fceattlo
Bushe!s.
. .12,751,700
. . 7,804JCO
. . tt3:iS.G06
. .27,045,200
. MOK.ROO bbl
. (4--i,-i(H bbl.
2,230.200
Total tidewater receipts 31,27ti,20u
These statistics may be" used as either a
bear or bull argument. The market, how
ever, remains very firm and selling is lim
ited. Farmers want more money than is be
ing offered and speculative holders express
confidence in the future of the market.
Private cables came through strong yes
terday. At the Merchants'1 Exchange, sell
ers asked from half a cent to a full cent
more for prompt and later deliveries. Febru
ary forty-fold sold at $1,21 and $1.22, un
changed to half a cent better than on
."Wednesday.
Local receipts. In cars, were reported by
the Merchants' Exchange as follows:
Wheat urley Flour Oats Hay
Monday ..
6
4
12
Tuesday
Wednesday ... IIH
Thursday .... 55 ,
Year ago -lo
tea'n, to da.te.in-122
Y ear ag j UOoU
1
4
y
n
1231
104O
7
S
t .
J 305
11.74
10
908
1473
lomi
1475
TCKKKY MAY NOT SI1IP MOHAIR !
fcprlrur Market Will Also Iepend on Condi- !
tiun of iioods Trade.
Mohair dealers are beginning to figure on
the effect on next year's market of the
stoppage of shipments of Turkish hair to
lngland. M uch will depend, however, on
the domestic trade In the manufactured
product. Unless conditions change ma
terially plush buying by railroads will not
be much of a factor in the market. The
character of tho dry goods trade Is as yet ;
an uncertainty.
Commenting on the Eastern and European
markets ior hair, the .Boston Commercial
bulletin says:
"There has been absolutely nothing new
In -the local market so far as mohair is
concerned. Local handlers report the mar
ket extremelv dull and uninteresting. Prices
ro hardlv more than nominal on any grade
at the moment.
"Soma buylnir is reported at the Cape of
Good Hope In Winter hair at recent current
rates, that Is, at 7d, and stocks in Port
Ji.'Isabel h are now very well sold up, it is
said. Most of this hair is understood to be
destined for English consumption, as the
heavy woolen district Is now using more or
lss of this material "in army goods. Some
of the buying, however. Is reported to be on
dealers accounts.
"So far as alpaca Is concerned, the stocks
t Liverpool are. of course, completely sold
VP. Business on the west coast does not ap.
pear to have been at all heavy In the last
veek or two. although some purchases have
been made there for direct shipment to'' the
United States."
YAKIMA HOP MARKET IS IS CENTS
Heavy Buying at all Points on the Pacific
Coast.
The strength of the bop market Is evident,
es 11 and 12 cents was freely offered yes
terday In the Independence section and at
other points where choice hops are available.
For several of the best lots bids of 12
cents were turned down.
The most active buyers were T. A. Llvesley
& Co., who, in addition to obtaining a num
ber of lots from dealers, made purchases
from growers, including the Folk & Voth
crop of SO bales, at Dallas, at 10 cents,
and two lots at North Yakima at 11 cents.
Thero Is also a 12-cent market at North
Yakiuia, this price having been paid for the
Strobach crop of 17G bales. Other Yakima
lot" sold w ere those of Ross, 269 bales; Shad
bolt, 1S7 bales, and Hanson. 172 bales. John
feinn. of Chehalis. sold 60 bales.
Over 1700 bales of Sonoma hops were sold
as a rasult of the heavy trading movement
In thut state. The Sonoma sales were 243
bales by Frank Wood, at 9 cents: Hlldreth,
f o bales, at S cents; Howard. 96 bales, at
S1. cents: Hoefer, 509 bales; Bert Johnson,
S-VS bales at S cents; Dutton, 217 bales, at
rents; Crawford, 216 bales, at 7 cents,
and Pickle. 59 bales, at 8 cents.
CRANBERRIES
MAY
BE
SCARCE
Kaetern Shipments for Portland Are Stopped
by Authorities In Illinois.
There may be a scarcity of Eastern
cranberries during the holidays. Jobbers
were advised yesterday that a car bound
to Portland from New Jersey had been
stopped by the Federal authorities in Illi
nois.
tt is the practice of Eastern shippers in
the inter months to pack the doors of
cranberry cars with swamp hay to keep out
the frost All hay looks alike to a Gov
ernment inspector, ana as there Is a quar
antine against the shipment of hay from
certain states, owing to the foot and mouth
pldemlc. this car, with others, was not
permitted, to pass through Illinois.
Emperor grapes m barrels are now be
ing ottered to Lbs holiday trade, ' They
were in good demand yesterday, mm crated
grapes were scarce. Arrivals of fruit and
vegetables were Tight.
A shipment of Italian chestnuts was re
ceived and put on sale at 126 15 cents.
Eggs Weaker, Fool try Firm
Unloading of Eastern eggs by speculators
is given as the reason for added weakness
In the ens market. Sales of candled Oregon
ranch were reported yesterday at 40 cents.
Other lines were firm. Poultry rceipts were
not heavy and buyers paid 12 to 13 cents
for good hens.
In the dressed meat market the tendency
was upward. Good block hogs sold at 9
cents and fancy veal brought 11 12 cents.
The dairy produce) markets were un
changed. Bank Clearings,
Bank clearings of the Northwestern cities
yesterday were, as follows:
Clearings.
Portland .- $l,2K.(iU!s
Seattle 1,7J7.452
Ta oma. 272.81M
Balances.
1U1,o21
157.337
53.07.;
V8.847
Spokane G51,fi66
PORTLA20
MARKET
QUOTATIONS
Grain. Flour, feed, etc.
Merchants Fxchange, noon session:
Prompt delivery- t
Wheat
Bid. Ask.
$ 1.1H . $ 1.2G
1.18 1.1:0
, 1.17 1.18
3.10 1.12
1.12H 1.14
. 28.00 2S.50
24.50 25.50
25.50 2G.50
, 23. 50 24.00
. 24.50 24.00
1.2A 1.22
1.2a 1.24
1.1! 1.21
, 1.22 1.22
. 1.18 1.1 k
. 1.20 1.21
1.11 1.14
1.14 H 1.15
1.13i 1.1ft
l.JRfc 1.17
, 2S.SO 2U.OO
20.75 80.00
32.00 82.50
. Uti.OO 20.50
. 24.25 24.50
Fortyfold
Club
Red Russian ............
Red Fife
Oats
No. 1 white feed
Barley
No. l fued
Brewing
Bran
Shorts
Futures
January bluestem .......
February bluestem. ......
January fortyfold. .......
February fortyfold
January club
February club
January red Russian ....
February red Russian . .
January red Fife .......
February red Fife .......
January oats
February oats
May oats
Januarv brewine barley.
January bran 24.25
Salce-' -
5O00 bushels February fortyfold -5O00
bushels February fortyfold .
U'0 tons February oats
loo tons January bran
lot tons Januarv bran
.1.21
. 1.22
.29.75
.24.00
.24.25
M1LLFEEU Spot prices: Bran, yziw-ov
per ton; shorts. $28gj2t.50; rolled barley,
S27.50 &2S.50.
F LOU It Patents, $3 per barrel; straights,
$4.S(Ku 5.oO: whole wheat. $5.80; graham,
15.60.
CORN Whole, I .".6 per ton; cracked, $27
per ton.
II AY Eastern Oregon timothy, $1410,
grain hay. $100 11; alfalfa, $12&13; Valley
timothy, $1112.
Fruits and Vegetable.
Ixical jobbing quotations:
TROPICAL FRUITS Oranges, navels, $2
?.50 per box; Valencias. $3.25 3.50 per
box; Japanese, per box. 00c $ 1.10; lem
ons, $3.504.50 per box; bananas, 440
per pound: grapefruit. $3 754; pineapples,
7c per pound.
VEGETABLES Cucumbers, 60c dozen;
egirplant, 7c pound; peppers. 78c per
pound: artichokes, SOc per dozen; tomatoes,
GOc-4? $1 per crate; cabbitge. & lc per
pound; beans, 12c per pouL.d; celery, 60
75c per dozen ; cauliflower. 60c & $1 per
dozen; sprouts, Sc per pound; bead lettuce,
$2 per crate ; pumpkins, lc ,per pound ;
squash, lc per . pound.
GREEN FRUITS Apples, 65c 1.50 per
box; casabas. lc per pound; pears, $13
1.50; grapes, J 1 1.35 per crate; cranberries,
$8-9 per barrel.
POTATOES Oregon, 85c per sack; Idaho,
90c; Yakima, $1; sweet potatoes, 2c per
pound.
ONIONS Oregon, buying price, $1.25 f, ,
b. chipping; point.
Dairy and Country Produce.
Local Jobbing; quotations:
EGGS Fresh Oregon ranch, case count.
SO'o-.'JKc; candled, 4042c.
POULTRY Hens, 12 13c; Springs,
turkeys, dressed, 20fi21c; live, 17
lie;
r18c;
ducks, 1012M:c; geese, ll12c.
BUTTER Creamery, prints, extras. 34 e
per poun d In case lots ; c more in iess
than case lot; cuoes. 30c.
CHEESE Oregon triplets. Jobbers buying
price, 15c per pound f o. b. dock Port
land; Young Americas. 16c per pound.
VEAL Fancy, 31 y 12c per pound.
PORK Block, c per pound-
Staple Groceries.
Local Jobbing quotations:
" SALMON Columbia - River one-pound
tails, $2.30 per dozen; half-pound flats,
$1.50; one-pound flats. $2.55; Alaska pink,
one-pound talis, $1.05.
Honey Choice. S3.25 per case.
NUTS Walnuts, 15?4c per pound;
Brazil nuts. 15c; filberts, 15324c; almonds.
2:14 2lc; peanuts, 6c; cocoanuts. $1 per
dozen; pecans, ivol20c; chestnuts, 12
15c
BEANS Small whits. 5c; large white,
5.15c; Lima, 6c; pink, 4c; Mexican,
6Vtc: bayou. 6.35c
COFFE13 Roasted. In drums, 18 33c.
SUGAR Fruit and berry, $5.90; eet.
$5.70. extra C $C.40; powdered, in barrels,
$6.15.
SALT Granulated. $15.50 per ton; half-
ground, lOOs, $10.75 per ton; 50s, $11.50 per
ion; dairy. $14 per ton.
RICE Southern bead, 6c6c; broken.
4C
DRIED FRUITS Apples, 8c per pound;
apricots. i;ifi 15c; peaches. 80; prunes, Ital
ians, 8&9c; raisins, loose Muscatels, 8c; un
bleached sultanas. TVsC; seeded. ,c
dates. Persian, 77c per pound; fard.
$1.40 per box: cur ran ts. w q: 12c
Hops, Wool, Hides, Etc.
HOPS 1914 crop, 912c; 1913 crop. nrnn.
lnal.
HIDES Salted hides, 14c; salted bulls.
10c: salted calf. 18c: salted kid, 14c; green
hides, 1 c : green bulls. hc; green calf,
lsc; green kip, 14c; dry bides, 25c; dry
calf. 2ic
WOOL Valley. lTtflSc; Eastern Oregon.
15ar20c: nominal.
MOHAIR 1914 clip. 2(c per pound.
CASCARA BARK Old and new, 4to-4c
per pound.
r&is i-ong wooi ary peits, 11c; short
wool dry Delts. 8c; dry sheep shearings. 10
t& 15c each ; salt sheeo shearings, 15 a 25c
each; dry goat sKins. long nair, izgpl2vc;
dry goat shearings. 10 & 20c each ; salted
sheep pelts, rtovemoer. to r yuc eaca.
Provisions.
HAMS Ten to 12 pounds, 18 (3 19c: 14
to IS pounds, 1S&19C: picnic, 12c.
BACON Fancy. zf.9c; standard. 230
24c
DRY SALT CURED Short clear backs.
13tf loc: exports, nu iic; pates, 11 lac.
LARD nerce pasis: A'ure, liZta I2hkc
compound, &c
oils.
KEROSENE Water white, drums, barrets
or tank wagons. 10c; special drums or bar
rels. 13c; cases. 1720c.
GASOLINE liulK. ioc; cases, zoc: engine
distillate, arums i-tac: cases, lic; nap nth a.
drums, 1 -'c ; cases, iirc.
LINcSED OIL Raw. barrels, 55c; raw.
cases, tiOc; boiled, barrels. 51c; boiled, cases.
o2c
TURPENTINE rin tanks, eoc; in cases.
67c; 10-case lots, ic less.
SAN KRANC1SCO PRODUCE MARKET
Prices Quoted at the Bay City 00 Fruits,
Vegetables, ttc.
SAN FRANCISCO. Dec. 10. Frul Plne-
finoles. SJ.TOiiJa.o: California lemons. SI.
i 3.50; apples, Beilflowers. t'Q)75c; Oregon
oizenberes. si.onji.ou, neion, eocfej
$1.25; winesaps, 90c$L25; bananas, $1.25
L75.
Vegetables Cucumbers, 35d?50c; beans.
?8c; eggplant, 25&t0c; tomatoes, 50cd
$1.25.
Egcs Fancy rancn, 41 c ; - puiiets, 37 c
storage, 2tte.
Onions Yellow, $L
Cheese Young America, 1414c; new,
10 fi1 12 c; Oregon, 14 c; Young America.
16c.
"Butter Fancy creamery, Slc; seconds.
28c.
Potatoes Delta Burbanks. per sack, 90c
Q$1.10; sweets. $1.50rjrl.G0 per sack; Salinas
ti urban kb. si.zoi.ou, Oregon .Burbanks,
$l.-o u 1.6.
Receipts Flour, 2394 quarters; barley.
82uO centals; potatoes, 6050 sacks; bay, 391
tons.
London Wool Sales.
LONDON, Dec. 10. The wool sales showed
very lUUe change toaay. crossbreds were
largely bought by the home trade: Fine me
rinos were steadier and were less frequently
wltnarawn, out tr. lower sorts were slow.
There was no American buying. The off ex
ings amounted to 9900 bales.
Cotton Market.
NEW YOP.K, Dec. 10. Closing prices on
the cotton market were the lowest of the
day. Spot, quiet; mldoling uplands. 7.40c
Hops at New York.
NEW TORK, Ic. 10. Hops, dull.
STEELTRftDE GROWS
Favorable Reports of November-December
Production.
BOND DEMAND IS BROADER
European Governments Arranging to
Place Additional Credits in This
Country London Financial
Markets Are Cheerful.
NEW "YORK, Dec. 10. Continued broad
ening of the demand for high-grade se
curities was the conspicuous feature of the
eneral financial situation today, both on
the Stock Exchange and among bankers.
Both bonds and stocks of speculative qual
ity moved Irregularly. In the stock list
submitted by the exchange the weakest fea
ture was New York Central, which re
flected yesterday's dividend announcement.
Routine news included the November ton
nage statement of the United btates fateei
Corporation, which was more favorable than
most forecasts, and the Government cotton
report, which estimated the 1914-15 yield at
almost 16.000,000 bales without Haters.
Should this promise be fulfilled, the crop
will be the largest "in the history of the
country. Cotton options broke precipitately
on publication of the report.
The leading- steel m 11 is, according; to re
port, have increased their production thus
far this month. Negotiations for the ex
portation of large Quantities of rails and ties
were still pending, likewise the filling of
some substantial domestic orders.
Bankers again were in conference with
representatives of European governments
planning the placing of additional credits in
this market. For the first time In several
days reichmarks failed to show increasing
strength. London's markets were cheerful
and the Bank of England statement showed
improvement 'over recent weeks.
Following are closing prices as issuea Dy
the Stock Exchange committee:
i-ast saie.
Amalgamated Copper 49 4
American Beet Sugar 2S 14
American Can 25
American Can preferred 90.
American Cotton Oil 3 Va
American Smelting 53 4
American Smelting preferred 87
American Suijar 102
American Telegraph and Telephone 117
American Tobacco ................... .215
Atchison 91
Bethlehem Steel 40
Brooklyn Transit 87
Canadian Pacific ........ 155 4
entral Leather 3t
St. Paul 85
Colorado Fuel 21
Corn Products 8
Denver 4 '4
Denver preferred 1-
Erie first 33
Illinois Central 104 4
nter Metropolitan 12,
Harvester 81
Kansas City Southern 204
Lrehiirh valley lo?
Missouri Pacific , 9
National Biscuit 123
National Lead 41
New York Central .v 79
Norfolk & Western 98
New Haven 61
Northern Pacific 95
Ontario & Western 20
Pacific Mall 19
Reading -140.
itocK isiana J-v
Rook Island preferred 2
Union Pacific 115
Union Pacific preferred 78
United States Rubber 49
tan Co ii per . 4 6 Tt
Western Union 58
Texas Oil 13S
BONDS.
U S Ref 2s reg. 90 !TJ S 4s coupon. 108
U S Ref 2s cop. 96 (Northern Pac Ss 63
TI S as reg 99ifNorthern Pac 4s.89i
TJ S 3s, coupon. 100 'Union Pac 4s... 95
U S 4s reg 10SI,4:Wis -u-en 4s.... &U9fc
STOCK TRADE AT BOSTON
NORMAL
Exchange Oncns After Suspension
of . 109
Days Interest in Coppers.
BOSTON. Dec. 10. Trading on the Stock
Exchange here was resumed today, after a
suspension of 10i days and, according to
President. Waiter Jackson, business .was
conducted In a satisfactory manner. TTh
volume of trading was about the same as
on an average day last Spring. 15,581 shares
of stock and sim.oov- in bonus cnanging
hands.
The list was divided Into three classes.
Practically unrestricted tra dinar was permit
ted in strictly Boston stocks, which made up
the largest Dart of the list. Dealings in
internationals, such as United States Steel
and Union Pacific, were transacted through
special committee. It was announced that
class 3 stocks. Including Ualumet as Hecia,
Osceola, xamaracK ana otner mining snares,
which ere also handled by a committee, will
be placed on the unrestricted list within
ehort time.
Interest in the local market centered in
the Butte & Sunerior. which advanced lTi
to 35.. Other shares were in fair demand.
The market closed ouiet and steady.
LARGEST COTTON CROP EVER GROWN
Yield in United States This Year Is Record
Breaker.
WASHINGTON. Dec. 10. The United
States this year has produced the greatest
cron of cotton in Its history. More than
16.000. OOO bales 13.960,000 of lint cotton.
and ilnter cotton unofucially estimated
from tiuO.OOo to 650.000- bales are the crop.
The estimated vroauction by states 101
low:
Virginia
North Carolina
24.000
. . 950,0K
South Carolina
Georgia
Florida
Alabama ....................
Mississippi ..................
. .1.500.000
..2,650.000
7o.tKH)
. .1.690.000
..1,275,000
. . 4tia.000
Louisiana
Texas
. .4.560,000
. . 1,040, 0M
. . 305, OOO
75.000
-.1.250.1KM)
87. OOo
13,000
Arkansas ....................
Tennessee .. .................
Missouri
Oklahoma ...................
California
All other states
Money, Exchange, Etc.
NEW YORK. Dec. 10. Call money, steady.
High. 4; low. 3; ruling rate, 8; last loan.
4; closing bid, 3; offered, 4.
Mercantile paper. 444Ms. sernnr ex
change, tirm; 60-day tills, 14M.5; for
cables, $4.8815; for demand, $4.8750.
Bar silver, 49 cents.
LONDON. Dec. 10. Bap silver, 23d per
ounce. Discount rates, short and three
months', 2 per cent.
SAN FRANCISCO. Dee. 10. Sex ling, de
mand. S4.S7i; cable, $4.87.
YARD OFFERINGS SMALL
CATTLE AND HOG MARKETS
HOLDING STEADY.
Choice Lamba Sell at Adrance Day',
Receipt, at North Portland
Are Very Light.
Offering, wer moderate at the atock
yardA yesterday and trading was on
greatly reduced scale. Tho feature of In
terest was the sharp demand for lambs,
and one small bunch of choice quality sold
at $7.ou. Cattle sales were made up of odds
and ends. A few good steers brought 97.10
and fi.L'S. Most of the hogs received went
direct to packers.
Receipts were 20 cattle. 2 calves and 191
hoes. Shippers were:
With cattle Martin Winch, one car. With
hogs. Nehalem Livestock Company.- Scap
poose. one car; William liloclc. Amity, one
car; same. Monmouth, one car.
The day's sales were aa follow,:
Wt. Price.)
Wt. Price
.1050 $5.25
1 cow .
1 cow .
1 heifer
1 bull .
5 steers
1 buU .
5 steers
1 cow
2 cows
. . I .M ... 1M
...1020 4.O0
2 cows
1 cow
. .880
..1040
..1152
. .1500
..1272
.. 80O
. .1123
C.(HM SS hogs
. 90
.. 72
.. S70
.. 156
fi.OO
6.25
6. &0
t.ou, 10 hoge . . .
7.25 1 hog ...
4.50, S hogs ...
7.10i 1 yr. ewe.
6.251 31 lambs
S.lu;ioo mixed .
6 50
S.7i
7.E0
4.75
Current
nrices ot the various claasea of
stock at the yaras follow:
Prime steers $7.00Q7.5
Choice cows B.75&8.O0
Choice steers 6.504)8.7
Medium steers .................. 6.254p6.50
Choice cov.-s .................... &.75a.2
Medium cows ................... 5.25&'5?3
He;le- 6.25 4S.2J
Calvvs ti.00&s.oo
BuUs --iii--it--it-Mi-n-i-t 200 v 4.70
Stags 4 4.9O0&OO
Hogs
Light 6.75ft.tf0
Heavy 5.755.90
Sheep
Wethers 4.006-
Ewes 4.25 5-00
Lambs 4.007.59
Omshs Livestock Market.
SOUTH OMAHA. Neb.. Dec IO. Hogs
Receipts, 4700; market, lower. Heavy, $6.70
tf.S5. light, $6.856 3.95; pigs, $5.50ti.5O;
bulk of sales. $6.75 06.90.
Cattle Receipts, 000; market steady. Na
tive steers, $tL75 10.25; native cows and
heifers. $5.75&7.&; Western steers, $9,000
ft.30; Texas steers. $5. SO 4 7.20; Texas cows
and heifers. $5.1!5$$7: calves, $7.50&9.50.
Sheep Receipts. 10.600; market, higher.
Yearlings. $G.50r7.21; wethers, f5.40&cl5;
lambs, $7Ui&.4a.
Chlcsgw Livestock Market.
CHICAGO. Dee. IO. Hogs Receipts. SS.
OOO : market, slow. 15 to 20 cents under yes.
terday's average. Bulk of sales. $6.857.0;
light. $6.7&7.40: mixed. $G.75tf7.40; heavy,
$d.757.30; rough, $3.75 &U.&5; pigs, $5.25 j)
7.40.
Cattle Receipts. 7000; market, steady.
Christmas beeves, $llfep 13; native steers,
S5.70I& 10.85: Western steers, $5.258.50;
co as and heifers, $3.25(8.50; calves, $6.50
a 9.25.
Sheep Receipts, 35.000; market. firm.
Sheep. $5.20 to ft. 23; yearlings, $d.4i)7.35;
lambsfi $6.30 -8.50.
Coffee and Sugar.
NEW YORK, Dec. 10. After some early
irregularity, the coffee market developed re
newed strength, owing to the firmness of the
cost and freight sutuation and reports of a
more active business, both in spot coffees
and to arrive. The opening was five points
higher to four points lower, and active
months sold about four to six points net
lower during the early afternoon, but the
market rallied sharply in the lata trading
and closed at a net advance of six to 17
points. Sales, 20,000 bags. December, 6.55c;
January, 0.63c; February, 6.71c; March,
6.70c; April, 6.8Sc; May. 6.98c; June, 4.9lc;
July. 7.73c; August. 7.79)c; September, 7-85c;
October. 7.92c; November, 8.OO0.
Spot, firm; Rio No, 7, 77e; Santos
No. 4, 10 c; Santos 4s were quoted at 9.40c
to 9.60c in the cost and freight market.
Raw sugar, steady. Molasses sugar, 3.24c;
centrifugal, 8.89o. Refined, steady.
Naval Stores.
6 A VA NX AH, Ga., Dec. 10. Turpentine
closed firm, 43c; sales, 100 barrels; receipts,
291 barrels; shipments, nine barrels; stocks.
32,617 barrels.
Rosin closed firm ; sales. 925 barrels ; re
ceipts, 1215 barrels; shipments, none; stocks,
133.318 barrels. Quote A. B, C. D, E, F, G,
$3.30; H, $3.32; A, $3.35; I. $3.50; K, $4;
M. $4.50; N, $5.25; WO. $5.60; WW, $5.80.
Sugar Putures Market to Open.
NEW YORK. Dec 10. The sugar com
mittee of the New York Coffee Exchange
today recommended that the market for
sugar futures be reopened at an early date.
The date will be decided upon by the board
01 managers at tfte next meeting.
Chicago Dairy Produce.
CHICAGO, Dec. 10. Butter, unchanged.
Eggs, higher. Receipts, 2995 cases: at mark,
cases included, 25 4 32c: ordinary firsts. 2&
30c; firsts, 33&34c.
Steel Production Is Growing;.
NEW YORK, Dec. IO. The unfilled ton
nage of -the United States Steel Corporation
on wovemoer 30 totalled 3, 324.592 tons, 1
decrease of 135,505 tons from October.
Metal Market.
NEW YORK. Dec. 10. Copper, firm. Elec
trolytic, 13.00c; casting, 12.7& 12.87cl
Lead, steady, 3.75CS3.S5e.
D-nluth Linseed Market.
DTI.TTTH. Dec. 10. Linseed, cash. Sl.SO:
uecemaer, $l.4P; May. si. aa.
1 ' Dried Frnlt at New York.
NEW YORK. Dec. 10. Evaporated aoDles.
steady; prunes, firm: peaches, firm.
STATE MAY CHARGE FEES
Opinion on Employment Agencies
Given in AVashington.
OLYMPIA. Wash., Dec. 10. Although
tho voters of Washington at the elec
tlon last month passed an initiative
measure abolishing employment agen
cies that charge workers fees for pro
curing jobs for them, the stata itself
may establish state employment agen
cies and charge lees. So holds W. V.
Tanner, Attorney-General, in an opin
ion given today to E. W. Olson, State
Lahor commissioner.
The question was raised, in connection
with the proposed law to be passed at
the next session of the Legislature,
which law would have state employ
ment agencies replace the private ones,
now : forbidden by law.
The initiative law, he holds, does not
apply -to the state itself, its powers not
being limited by the new law. The
framers of the bill wish to charge
fee, so that the department may be
made self-sustaining.
DOUGLAS PLANS EXHIBIT
Com mi tee Named to Ask
Grant
From County Court.
ROSEEURG, Or., Dec. 10. (Special.)
With a view of having a representa
tive present at San Francisco during
the Panama Exposition to tell of the
advantages and opportunities of T)oug
las County, a committee composed of
the following1 was appointed to go be
fore the County Court and ask for an
appropriation sufficient to pay the ex
penses of such a representative: L. B.
Moore. A. C Maraters, J. IL Booth, A. L.
Kitchin, Frank Churchill, S. S. Joseph-
son. Roseburg; J. F. Luse, Sutherlin;
S. D. Johnson, Drain; Harry Stearns,
Yoncalla; J. T. Bridges, Oakland; John
Hall, Myrtle Creek; U. W. Riddle, Rid
die; John Neuner, Glendale; F. IX Sny
der, CanyonviUe; C. i-t. Brand, vv ilbur
IX N. Busenbark, Melrose; L. B. Skin
ner, Winstons, nad Warren Reed, of
Gardiner.
EMPLOYMENT FEE QUERY
State of Washington Dubious as to
Right to Charge for Jobs.
OLYMPIA, Wash., Dec. 10. (Special.)
Whether the state can charge labor
ers fees for procuring employment,
through Initiative Measure No. 8,
adopted at the recent election, pro
hibits persons or private corporations
from doing so, is the question asked
Attorney-General Tanner by the com
mission of employers, employes. Legis
lators and others, appointed by Labor
Commissioner Olson to draft legislation
providing for a state system of employ
ment bureaus.
The protest against the private
agency system that culminated in pas
sage of the anti-fee Dill was no
against the fees but against alleged
combinations between employment
agents and camp foremen.
3325 TIETON ACRES BEAR
Average Return From Diversified
Crops Is $29.60 for Each Acre.
NORTH TAKDIA, Wash., Dec. 10.
Thirty-three hundred and twenty-five
acres more than last year were cropped
in the Tieton project this year, ae
coidiag to the report of the project
manager. Tieton farmers this year
took from 15,920 acres crops which sold
for $472,480. an average return of
$29.60 an acre, against an average of
$33.60 last year. The lower prices re
ceived this year account for the dif
ference. Potatoes and hay were the largest
crops, but a considerable diversity Is
indicated by a list which Includes ap
ples, alfalfa seed, barley, leans, clover
Hay and seed. Indian corr and corn
fodder, small fruits, garden produce,
hops, onions,- pasture, peaches, pears
and wheat.
A scheme of dook extensions which win
eoat S7.5O0.0O0 bBl been prepared by tba
Clyde trust special committee of Glasgow,
Scotland. It is oropo.ed to advance the
harbor rates to an amount which will bring
in aa additional $300,000 a year.
FROST HURTS CROP
Serious Damage Is Reported
to Argentine Wheat.
CHICAGO MARKET LIFTED
Xcws From So nth America Oysets
Bearish Influence of German
Xaval Defeat and 111
nees of Kaiser.
CHICAGO, Dec. 10. Fear of crave dam-
ago having- been done by frot in Argentina
acted as more than an offset today for tho
bearish influence of the German naval fleet
being- defeated auJ of tbe Illness of tho
Kaiser. The market, although much tin-
ret tied, closed H)4' to cent above last
mgnu corn scored a net gain or Q$ to
cent, oata finished V cent down to 4
cent up, and provisions at a gain of 2ft
cents to S022 cents.
.Notwithstanding: the victory near the
Falkland Islands did away with most. If
not all. the danger of German Interference
with shipments to Liverpool, the effect on
the wheat market here seemed to be more
decided than in England, where price were
reported as comparauvly firm, owing to
Argentine advices of eerious frost damage.
Bearish feeling in Chicago early was in
creased by rumors of the death of the
Kaiser, but when denials were promptly
forthcoming the market made a suttden re
bound and there was closer attention to esti
mates that 2,000.000 acres in the province of
Buenos Ay res had possibly suffered lire-,
parable harm.
Later assertions that the Argentine dam
age reports bad been greatly exaggerated
led to a series of nervous price changes in
wheat. butin the end the bulls held the
advantage. Assertion of large export sales
of flour at Minneapolis and of additional
sales at Kansas City and tiU Isouis counted
againjft the bears.
Increasing receipts put strength into corn
from the start. There was also evidence of
good call from seaboard exporters.
Tbe oats market had little action despite
talk of 1.000,000 bushels having been taken
for Europe. According to some observers,
the buying was to cover shortages on con
tract, rather than to apply on new export
business.
Provisions ruled lower, owing to a break
In hog values. There was rather free selling
by houses with stockyard connections and
by miscellaneous holders.
The leading futures ranged as follows:
WHEAT.
Open.
High.
$1.16
1.20
Lo.
1.1UH
.62
.68
Cloae.
1.20
.
dpc. .: ji.ioH
May 1.20
CORK.
Dee.
May
.6214
.06 4
tie
OAT3.
.47 .47
Dec
May
.46
.31
.Sl
MESS PORK.
Jan 18.05
Mav 18.50
18.03 17.85
18.50 18.32tt
LARD.
17.00
18.37H
Jan.
. .. 9.70
. . ..U.95
9.70
9.95
9.65
B.B0
9.67
Mar
SHORT RIBS.
Jan 9.77tt n.77Vs
Ma v 10.05 1O.07 Vb 1 0 .02
9.72
10.02 H
Cash prices were as follows;
VS heat No. 2 red, SI. lo 4i 1.15
No.
nam, $1.10 oti.io.
t:om No. 2 yellow, oia 04 e 04 o. new
GG o:t '-s c ; No. S yellow, old 63G3fec new
til tcGHc
K ye r o. 2. I.IO & i.iofe.
Barley, 607Oc.
Timothy. $;J.735.50.
Clover. $12014.50.
European
LOXDOK. Dec
Grain Markets.
10. Cargoes on
dull.
LIVERPOOL Dec 10
-Wheat,
December
; January
opened 9a ttd.
Corn, December closed 5s 114a
closed Ss 11 d.
r- " Minneapolis Grain Market.
MINNEAPOLIS. Dec. 10. Wheat. Decem
ber, fl.lS; May. $1.16; No. 1 hard, fl.ls;
Co. 1 liortnern. m .n ; o. a iortn-
n. Sl.litrtfll.ia.
Barley. 6360c. - ...
Flax, $1.47. i.l.50.
Fnset Sound Grain Markets,
SEATTLE. Dec. 10. Wheat Bluestem,
$1.18; Turkey red. $1.14; fortyfold, $1.18;
club, ,1.2c ; t ire, i.x; reu Russian, $i.iu.
Harley. J24.0O.
Yesterday'B car receipts Wheat 8, oats 2,
hay 1, Hour 3.
TACOMA. Dec. 10. -
Wheat Blueitem,
club. $1.14; Fife,
$1.17; fortyfold, 41.15;
car receipts vvneat n,
bay tt.
barley 1. oats L
San Francisco Grain Market.
SAX FRANCISCO. Dec. 10. Spot quota
tions: Walla Walla, $1.J2V4 tol.95; red Rus
sian, J1.90S l.sci'i ; Turkey red, $1,954?
1.97H: bluestem. $2.U02.05; feed barley,
$1.22 Ms: white oats, tl.52 Vt & 1.05; bran, 26
V 25.50; middlings, $iX)(c31; shorts, $2tttf
26.50.
Call board Wheat firm. Barley firm. De
cember, $1.27: May. $1.33.
BENTON GROWERS MEET
RESOLUTIONS TO REORGANIZE
CANNERY ADOPTED.
District Comittees Authorised to So
licit Capital Stock: Sufficient to
Establish Cash Basis.
CORVALXJS, Or.. Dec. 10. (Special.)
Members of the Benton County
Growers' Association met yesterday
at the courthouse in this city to dis
cuss plans for the cannery here. The
past season has been a bad one, the
overhead charges having eaten up
large part of the gross receipts. It Is
proposed by the board of directors
that the organisation be reorganized
and changed to a stock corporation
instead of a co-operative association.
B. W. Johnson, chairman of the
beard of directors, addressed the grow
ers today, telling them "it became ap-parent-to
the board last July that un
less a change in the cannery man-
a cement was made there would be a
decrease in the receipts of fresh prod
ucts."
The Benton County Growers' Asso
ciation was organized as a co-operative
association In 1912 and operated
successfully for two years, last year
doing a business of approximately
$65,000. Six hundred growers com
posed the organization, and each mem
ber had only one share of stock. Re
ports, read today, show that the re
ceipts this year were only about one-
third as much as last Tear s.
Growers signed contVacts following
the annual meeting last year more
readily than the year previous, and al
though the contracts received totaled
less than the actual receipts of fresh
products at the cannery, the contracts
signed In 1911 totaled only a small
per cent of the actual receipts.
The growers adopted a resolution
indorsing a plan to reorganise the as
sociation into one having a capital
stock sufficient to put the cannery
management on a cash basis, or about
$30,000. The board of directors w
authorised to divide tho county Into
districts and appoint a committee In
each district to solicit capital stock.
The committees are to report at the
annual meeting in January.
Ashland Bonds Beld aa Investment.
ASHLAND, Or Pee, 10. (Special.)
Ashland eleotrlo light bonds to the
amount of $55,000, and eity refunding
bonds aggregating 3s,oo, are Held by
tho Paoilio Jurisdiction of the Woodmen
of the World as an Investment. Jack
boo County school district bonda to the
THE UNITED STATES
NATIONAL BANK
PORTLAND, OREGON
; UNITED STATES DEPOSITORY
Capital .... $1,000,000
Surplus .... $1,000,000
OFFICERS
X. C A1NJWOBTH. PmldraL
B- LEA JBAHKBJ. TIee-Prealdeat. W. A. BOLT, Aaat. Cualee.
A. M. WK1UHT, Ant Ca.kler,
R. W. ICHHEER. Cuklen . 8. DICK. Aaat. Caahleft
The First National Bank
FIFTH AUD MORRISON STREETS.
CAPITAL AND SURPLUS S3.500.000
Interest Paid on Savings and Time Deposit
Security Savings and Trust Company
Fifth and Uorrison Street.
CAPITAL AND SUBPLUS. ....a.. ......... .$400,000
LADD & TILTON
BANK
Established IBS.
Capital and Surplus
Commercial and
amount of $37,500, and Medford water
bonds In the sum of $70,000, are also
among the assets of the same organiza
tion. Josephine and Klamath counties,
as well as Grants Pass and Klamath
Falls, are also represented in the
schedule.
Scholz Heads Mi n lug Congress.
PHOENIX, Aj-iz.. Dec. 10. Carl
Scholz, of Chicago, was re-elected to
day as president of the American Min-
ng Congress. Harvey Day, of Wallace,
Idaho, was one of the vice-presidents
elected.
Walla AValla Sheriff Resigns.
WALLA WALLA. Wash.. Dec. 10.
(Special.) Mike Toner yesterday re
signed as Sheriff, to take effect De
cember 16. The County Commissioners
appointed Sheriff-elect Lee Barnes to
fill the unexpired term. Mr. Toner will
take the oath as Mayor, December 21.
DAILT METEOROLOGICAL REPORT.
'
PORTLAA'D, D?c. 12. Maximum temper
ature, 42 degrees; minimum, 38 degrees.
River reading, s A. M., 3.9 feet; change in
last 24 hours, 0.3 foot rise. Total rainfall,
5 P. M. to 5 P. M., none; total rainfall
since September 1, 1&14. 1L49 Inches;
normal. 14.40 Inches: deficiency. 1.91 incbes.
Total sunshine, none; possible, a hours 44
minutes. Barometer (reduced . to sea level)
5 P. M.. 29.92 inches.
THE WEATHER.
U I Wind
STATIONS.
6tate of
WeatUer
Baker .........
Boise
asro
S-llO
34 0
IO.0
32 0
00) 4!SE ICloudy
0r 4jNWCloudy
O0i 6jN jclear
.Ou1 cairn ciear
20:12NWLCloudy
O0( 41SW -Clear
Boston
Calgary .......
Chicago
Denver
I40.
Des Moines
28 0
26i0
62 0.
460.
isV
eso
2C 0
50
so o.
480
no
22 0
520
38 0
4 1, .
30-O
Snow
Duluth
Eureka . . .
Galveston
,00 16'W
20f 4 S
OO 8 SW
n.iir
Cloudy
Pt. cloudy
Helena
Clear
Jacksonville . . .
.OOJ 41W
IClear
Kansas City ...
oo 10NWlCloudy
30 4 S IPt. cloudy
0O. 4 W IPt. cloudy
00 8jSE !Cloudy
.OOJ S W Clear
00:10, E I Pt. cloudy
00 4 NWjCloudy
00 4iNWiCloudy
OO S:E jCloudy
OOJlOlNW Clear
Los Angeles . . .
Marshfleld
Medford
Minneapolis ....
Montreal ......
New Orleans . .
New York
North Head . . .
North Takima .
Phoenix .......
Pocatello ......
62 0
.nol 4 , E 'Clear
3 O
42 0.
46 0
4s;o
3010
38 O
52 1
440
32 0.
4610.
46:0
26 0
.00 4-SE ICloudy
, Oof 4'N ICloudy
.001 4if (Clear
68 II SE Pt. clondy
.01114 NW!Snow
,00 4S Cloudy
.14 S SE IPt. cloudy
.00 8'NE IClear
00 6!E IClear
,00 12M Clear
.00) 6 E Clear
.00 4'S ICloudy
.12 4 XWIRain
Cortland
Koseburg ......
Sacramento
St. Louis
Salt Lake
San Francisco .
Seattle
Spokane
Tacoma
Tatoosh IsTand
Walla Waila . ..
Y asmngton ...
Winnipeg
36 0
io;o
.00H4S IClear
WEATHER CONDITIONS.
A depression of slight energy extends from
tho Oregon coast southeastward to Arizona
and a large high-pressure area overlies the
Plains States. Moderately heavy rains have
fallen in California and snow has occurred
in Nevada. Snow has also fallen In por
tions of the Mississippi and Ohio Valleys
and the Lake Kegion. It was raining this
evening In the District of Columbia. The
changes in temperature since yesterday have
been unimportant.
The conditions are favorable for fair
weather -On this district Friday except in
Southern and Eastern Oregon and Eastern
Idaho, where rain or snow will probably oc
cur. FORECASTS.
Portland and vicinity Fair; north to east
winds.
Oregon Fair northwest, probably rala
TRAVELERS' CTJIOB..
COGS BAY
Marshfield. North Bend. Empire, San
Francisco and Los Angeles.
Steamship Paraiso
Sails Direct
Tomorrow, Dec. 12, 7 P. M.
For Passengers and Freight Make Res
ervations Immediately.
FRANK BOLL AM. Pass. Agt.
Main 2, A 4598. 124 Third St.
Freight Office. Albers' Dock No. 1.
Marshall 2495. A 7144.
STEAMSHIP
Malls Street For
SAN FRANCISCO
LOS ANGELES A1 6AN DIEGO.
Today, 2:30 P. M., Dec. 11th
LOIS ANGELEM HTKAMSHLP CO,
FRANK. Mai. I. AM. Acwit.
1X1 Xslrd tot. A iui, 3Ltta se,
$2,000,000
Savings Deposits
southwest, and probably light snow east
portion; winds mostly easterly.
v asmngton rair; easterly wines.
Idaho Fair north ; unsettled, probably
rain o- snow south portion.
EDWARD A.. SEALS. District Forecaster.
Tha
Canadian Bank
of Commerce
head orncB
Toronto, Canada.
Established 1867.
A general banking business
transacted. - -Interest
paid on time deposits.
Commercial Letters o( Credit
Iaaued.
Extbaoge on London, England,
BwgM ana Sola.
PORTLAND BRANCH.
Corner Second and Stark Sta.
F. C. M ALP AS. Manager.
TRAVELERS" GUIDE.
Crossing "the Lino"
w j, :ay i
One of the most Interest in events In a vojage to
Australia is crossing the equator it is frequently
made the subject ot much amasinf ceremony.
Toa can make the trip to Sydney in 19 day.
Every comfort and luxury on board the
10000 ton palatial American steamers of the
SYDNEY SHORT LINE
"Sonoma," "Sierra" or "Ventura"
i nut a 1 T iv
CitsBDBU XkV u UU ttaj
Round trip Sydney, $337.50 first caTvin Hostv
lulu, $1 10. Orand tour ot South Seas, includiac
Honolulu, Samoa. Australia and Tahiti, $337.50.
Write tor illustrated folders with colored BiapaeC
the Islands of the Pacific
OCEANIC S. S. CO.
673 Market St.
San Francisco, CjJ.
SA1XXVG9 .
Honolulu Ttpp.
U'2, Jan. 5, 19. etc.
Sydney Dec. 22,
Jan. IV, etc.
COOS BAY
AXO EUREKA
S. S. ELDER
SAILS SUNDAY, DEC. 13, 9 A. M.
AND EVERY SUNDAY THEREAFTER,
NORTH PACIFIC STEAMSHIP CO.
Ticket Of tlce I Freicht Office
122 A Sd St. i Foot Nonhruji St.
MALN 1314. A 1S14. I Main 524 2. A 520S.
COOS BAY LINE
STEAMSHIP BBEAKWATCB
Sails from AInawortb dock. Portland. F P.
M. every Tuesday Frslsbt and ticket olflca.
lower Ainsworth dock. P C. B. a. 3. Laoa,
L. H. Keatlnc. Afent. Phones H-Un tlOO. A
2332. City Ticket Office. SO 811 '.a St. C W.
Stinger. Asent. Phones Manns': 450O. A &12L
'A'S ewey eea . "jr-" w? T
S. S. ROSE CITY SAILS 3 P. M., DEC. 12
SAN FRANCISCO
LOS ANCELES
The San Franriseo Portland S. 6. Co.,
Third and aehiniton Sis. iritb O.-Ytr.
K. it H. Co.). lei. Marshall 4500. A 6iai.
American-Hawaiian Steamship. Co.
"The Panama Canal Line."
EXPRESS FREIGHT SERVICE
Between Portland. New York, Boston
Philadelphia and Charleston.
For Information as to Hates. Sa-ilingai
Etc-, Call on or Address
C. D. KEHSEOf, Agent,
270 Stark. Street. Portland. Or.
R1GRT BOAT FOR TRB DALLES
Str. State of Washington
Leaves Taylor-st. dock Mem- Wed-, Fri
day, at 11 P. M. for Tha Daiios, Lyle,
nood Kiver. White Salmon. Underwood,
Carson, Stevenson. Returning, leaves
The Oailes Sunday, Wed, t'ri T A. M.
TaL Main 61 J. J-ara il Inrlmlinnj earth
on Bis-fat trio. .