ft TTTE MORXTXG OREGOXTAX. THURSDAY, DECE3IBER 21, 1914. 15 SPOT WHEAT HIGHER Club Brings $1.24 on Exchange for Prompt Delivery. FUTURES ARE IRREGULAR Local Flour Prices Will Be Ad vanced Twenty Cents Barrel To day JU11 Feed Firm at Higher Quotations. Gpot wheat nrlces touched a new high mark yesterday when club sold at $1.21 and red Russian at $1.19 on the Merchants' Ex change. Theee were advances of 1H and 2 cents respectively over Tuesday's prides. Bids for prompt bluestem were half a cent higher at $1.25. The market for futures was Irregular, January bluestem being half a cent lower on bid and January fortyfold 1 ij cents down, while January club was wanted at half a cent more than the day before. . Other deferred deliveries were unchanged. Oats were firm and a auarter higher on the sale of 10O tons prompt at $30.23. The barley- market was firm and unchanged. California wires reported the sale of a cargo of barley to Australia, which opens uo a new market that may have effect on the situation here. Announcement was made that patent flour prices would be advanced 20 cents a barrel this mornlne. Some of the smaller mills regard the advance as considerably overdue. The new Quotation on patents is $0.20. Straights will be Quoted at $5.20. Bran and shorts are strong at the ad vances that went Into effect a few days aso. Itolled barley is also higher by $1 a ton. Local receipts, in cars, were reported by the Merchants Exchange as follows: "Wheat. Barley. Flour. Oats. Hay. Monday 63 5 8 8 6 Tuesday -47 3- 2 1 8 Wednesday. . S7 12 1 5 1H Year ago... 2 11 Season to date 11.110 1070 1361 12SS 110O Year ago. . 10.SU 155S 13S4 1108 1600 JXRKSSED TURKEYS UNSOLD AT CLOSE Kecetnta Do Not Clean I'D. but Prices Are Held Steady. Dressed turkeys did not clean up on Front street yesterday. Receipts were of good size, larger than some of the dealers expected. There was good demand throughout the day. however, and the mar ket was steady. Tops were quoted at 23, 2ai,4 and 21 cents by different houses. The Quantity carried over did not worry the trade, and unless belated arrivals this morning are large everything will probably be dlsuosetl of. Things were not so satisfactory In the live poultry line. There was little or no demand, yet supplies continued to pour In all day. Live hens sold as low as 10 and 11 cents, and Eprings could not be moved at any price. Live turkeys, ducks and geese were also not wanted. There was not much movement In dress;d meats, as usual on a holiday mar ket, but former prices were quoted. Tho egg market was firm with a brisk demand, stimulated by the cold weather and holiday requirements, cheese and but ter were unchanged. The latter was barely steady. California. Hops Are VVairted. California wires reported a strong In quiry for hops, with offers of 8 and 8 cents for Sacramentos and no sellers, in this state the market was lifeless, except for a little unimportant trading between dealers. Stocks in Western Washington have been materially reduced by recent buying there. . TAX WORRIES ENGLISH HOrUROYVERS Agitation Started Again for Import Duty on Foreign Hops. English hopgrowers take a serious view of the probable effect on the industry of the British war tax on beer and there is already talk of a posslblo reduction in the acreage devoted to hops. Reporting a meeting at Hereford to consider the question the Kcntiah Observer says: "Mr. Taylor (who presided) read a letter from Albert Banister, London, stating that he had written to the Chancellor of the Ex chequer, pointing out the great blow caused to the industry by the new tax, which rep resented a reduction of acreage, in his opin ion, to one-half. Such a condition of things was too disastrous to contemplate. "Sydney Mycr said the new taxes, accord ing to the figures of the Chancellor himself, meant a reduction of 35 per cent in the con sumption of beer. That meant a like re duction in the consumption of hops. In ad ' ditlon there appeared to be a great prob ability that the quantity of hops which came from abroad must necessarily be 'increased owing to the larger surplus that would be left in the hands of foreign growers by the very great reduction in the beer consumption of this country. The hufigrower had sunk his capital to produce a certain quantity of hops, tor which' there bad been a regular and certain outlet. By the present proposal one-third of the capital laid out on plant, roots, etc., was practically scrapped. While the brewer had been hit he could make some extra profit, but there were no concessions to the growers. There was only one way out of the difficulty, that was to put a tax on foreign hops; otherwlso the home grower would be placed at a disadvantage. "It was decided to send a deputation to the Chancellor of the Exchequer." IiAR.KKI.KI GRAPES ARE IN DEMAND Tokays and Emperors Offered to Christ mas Trade. A shipment of Tokay grapes was received yesterday from Sacramento and sold st $3.73 a keg. Emperors have been moving well In the holiday trade at $3.50 a keg. These grapes are packed in sawdust and will keep throughout the Winter. A quantity of cranberries was received from llwaco and had a ready sale at $10 11 a barrel. Oranges have cleaned up well. Apple stocks are running low on the street, as receipts have been small of late. A car of ceicry was received yesterday and was disposed of quickly at $3.503.75 a crate. The next car of celery is due Christmas morning . . , Bank Clearings. Bank clearings In the United States for the week ending December 17, as reported to Bradstreefs Journal, N'ew York, aggre gate $2,897,662,000. against $2,770,903,000 In the previous week and $.1,291,776,000 in the same week last year. Following are the re turus for the past week with percentages of change from the same week last year: Decrease. New York $1,506, 789.000 14.5 l'hli-ago 2M9.458.000 9.9 Philadelphia ............ 152.858.0oo 8.0 Huston 144,410,OOI 10.9 St. Louie 78,677.000 10.6 Pittsburg 46,730,000 13.1 Kansas City 71.186,000 2.54 Ban Francisco 54, 671,000 4 4 Baltimore 34,270.000 lllis Ietrolt 24,140.000 22.1 I'inclnnati 25,623,000 1 0.8 Minneapolis ............. 81,242,000 2.1 Cleveland 22.950.OO0 13.9 Los Angeles .. 21.473,000 14.5 New Orleans 20,749.000 20 6 Omaha 16.SOO.000 5.5 Milwaukee 17.053.uOO 5.0 Atlanta 15,606,000 22.8 Louisville 12,919,000 20.J Seattle 12.55S.000 12.0 Buffalo ll.05x.ooo J 5.0 l'ortland. Or. 11,379.000 15.3 Malt Lata City 6.948.O0U . 4 Spokane 4.232,000 7 8 Oakland 3,460,000 7 2 San Diego 2.017.O00 16.8 Tacoma 2,299,000 .8 Increase. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland $1,605,884 $185,064 Seattle ; 1.044. 941 IS0.72. Tacoma - 316,590 30,37; Spokane ., 594.285 39.63 PORTLAND MARKET QUOTATIONS Grain, Floor, Feed, Etc. Merchants Exchange, noon session: Prompt delivery. Wheat . v Bid. Ask. Bluestem , $ 125 $ 1.27 Forty-fold 1.24 1.37 Club 1.2314 1.24 Red Russian Lis 120 Red fife v 1.19 1.2$ Oats No. 1 white feed 30.00 SO. 60 Barley No. 1 feed ., '6.60 - 27.iS Brewing 26.50 27.50 B 24.75 25.76 Shorts 25.60 26.50 Futures January bluestem 1.26V4 1.2 February bluestem 1.29 1 29 January forty-fold 1.24 1.28 February forty-fold 1.27 1 2814 January club 1.24 1.26 Februaryclub 1.26 1-27 January red Russian 1.19 1.20 February red Russian. . 1.21 1.23 January red fife 1.21 123 February red fife 1.24 1.28 January oats $0.25' 31.00 February oats 31.25 31.50 May oats S3. 50 35.00 January feed barley 26.75 ' 27.25 February feed barley 27.00 28. 60 Sales 5000 bushels prompt club $ 1.24 5OO0 bushels prompt red Russian....... 1.19 100 tons prompt oato $0.25 MILLFEED Spot prices: Bran. J2S26.60 per ton; shorts, $2828.50; rolled barley, $29 30. FLOUR Patents. $8.20 ner barrel: straights,, $5.20; whole wheat, $S; graham.- CORN White, $38 per ton; cracked, $27 per ton. BAY Eastern Oregon timothy, $1416; grain hay, $1011; alfalfa, $12ffilS; Valley timothy, $1112. Fruits and Vegetables. Local Jobbing quotations: TROPICAL FRUITS Oranges, navels, $2 2.00 per box; Japanese, per box, 65 Toe: lemons. $3.504.50 per box; bananas. 4(9 4o per pound; grapefruit, $3s3.75; pine apples. 7c per pound. VEGETABLES Cucumbers, hothouse, $1.501.75 dozen; eggplant. 8 010c pound; peppers, 8 010c per pound: artichokes, 75 O S5c per dozen; tomatoes, $11.25 per crate, cabbage, lc per pound; beans, 12c per pound; celery. $3.503.75 per crate; cauli flower, lltjil.25 per dozen; sprouts. So per pound: head lettuce. S1.75&2 per crate; pumpkins. 114 o per pound; squash. lc per pound. GREEN FRUITS Apples. 60c $1.50 per box: casabas, $1.651.75 per crate; pears $11.60; grapes. $3.50 3.75 per barrel cranberries. $9 11 per barrel. POTATOES Orearon. T.tiafUl. .n-lr. T if SOctpsi.lO; Yakima. 85c$l; sweet potatoes. ONIONS Oregon, buying price, tl.23 t. o. b. shipping point. SACK VEGETABLES Carrots, $1.25 per sack: beets. $1.23 per sack; parsnips, $125 per sack. Dairy and Country Produce. Local Jobbing quotations: E;GGS Fresh Oregon ranch, ease count, oS840c: candled. 42 hie: storage. 2030c POULTRY Hens. 10 lie; storage, 26 30c; turkeys, dressed, 2224c; live. 1714 0 20c; ducks, 1215c; geese, llQ12c BUTTER Creamery, prints, extras, 34Ho per pound in case lots; c more In less than case lot: cubes. 30c. CHEESE Oregon triplets. Jobbers' buying price, loe per pound f. o. b. dock, Portland; Young Americas. 16c per pound. VEAL Fancy, 1212c per pound. PORK Block. 810c per pound. Staple Groceries. Local Jobbing quotations: SAIAinv , -..1 v. i t, . tails, $2.3: per dozen; half-pound flats $1.5; one-pound flats, $2.50; Alaska pink." one-pound tails. $1.05. 1 riuNisi Choice. $3.25 per case. NUTS Walnuts, 15 24c per pound; Brazil nuts. 15c; filberts, 15&24e; almonds 23G2(c: neanitr t - . . , ' dozen; pecans, 1920c; chestnuts', 12 BEANS Small white, B4e; large white 3.15c: Lima, 8 He; pink, 4c; Mexican, 6iic; bayou. 6.35c. COFFEE Roasted. In drums, 1833a " . ucn j, 3 -j. i j; Deet. in'nn; extra C' t5-25; powdered. In barrels. SALT Granulated. $15.50 per ton- half rrount Kids tm Tr. . - .... . , , . " .vu, u.uo per ton; dairy. $14 per ton. RICE Southern head. 66c; broken, 4c. rT?TTTT nn-in-c , , . . 1 ' " ' Aiipieg, sc per pound; apricots, 13loc; -peaches, 8c: prunes Ital ians RN(W. rnl... 1 ....... . . ..... . . ' . - . . , u ..i o c, jiuaL-iEi, uc; un bleached Sultanas, 7c; seeded, 8c; dates, Persian. 7j)7c per pound; fard, $!. per box: currants, 12c. Hops. Wool. Hides. Etc. HOPS 1014 crop. 9012c; 1913 crop, nomi nal. HIDES Salted hides. 14c: salted bulls, 10c; lalted calf, 18c; salted kip, 14c; green hides. 12c; green bulls, 8c; green calf, 18c; green kip. 14c; dry bides, 25c; dry calf.- 27c - WOOL Valley, 17 18c; Eastern Oregon, lS'SlNJc nominal. J MOHAIR 1914 clip. 27c per pound CACARA BARIC Old and new, 44c per pound. PELTS Lontr wool dry pelts. 11c; 'short wool dry pelts. -Sc; dry sheep shearings, 10 15c each; Rait sheep shearings, 15 25c each; dry goat skins, lone hair. 1212c; dry goat hearings. 1020c each; salted sheep pelts, November, 75 90c each. Frovlidons. HAMS Ten to 12 nourids, iS19c; 14 tu 18 pounds. 18019c: picnic. 12c. BACON Fancy, 2729c; standard, 23 24c. DRY SALT CURED short clear backs. 13salc: exports. 1415c: pates, ll13c. LAKD Tierce basis; pure, 1212Cc; compound. 8ttc. Oils. KEROSENE Water white, drums, barrels or tank wagons. 10c; special drums or bar rels, 134c: cases. 17420c. GASOLINE Bulk, 13c; cases, 20c; engine distillate, drums, 7c; cases, 14c; naptha, drums. 12c: cases. 19c. LINSEED OIL Raw, barrels. 58c; raw, cases, tf3c; boiled, barrels. C0c; boiled cases 65c. TURPENTINE In tanks. 60c; In cases, 67c; 10-case lots, lc less. SAN FRANCISCO PRODUCE MARKET Prices Quoted at the Bay .City on Fruits, Vegetables, Etc SAN FRANCISCO, Dec. 23. Fruits Lemons Fancy, $2.603; choice, $23.25; standards, $1.S01.75; Hawaiian. $1.25L76; pineapples, Hawaiian, 45c per pound; ap ples, California stock, WInesaps, 75c $1; Bellefleurs (cold storage), 50 75c; Oregon stock, Spltzenbergs, $L251.60; Newtown Pippins, 85c$1.25; WInesaps, $1L25. Vegetables Cucumbers, 3550c; ' beans 0lc; peppers, 3 4c) tomatoes, 30 60c ' Eggs Fancy ranch, 46c; pullets, S6c; stor age, 30c. Onions Yellow, $11.15. Cheese Young America, 1314c; new, 1012c; Oregon, 14c; Young America, 10c. Butter Fancy creamery, 80c: seconds, 17 c Potatoes Delta Burbanks, per sack. $1.50; sweets. $1.751.95 per sack; Salinas Bur banks, $L35&1.70; Oregon Burbanks, $1.25 1.40; Idaho, 85cCa$1.10. . Receipts Flour, 2610 quarters; barley, 34.416 centals; potatoes. 3b45 sacks: ha v. 350 tons. Coffee Futures. NEW IOP.K. Dec. 23. There was a lit tle trade selline of futures in the coffee market here todav: while there appeared to be very few buyers around the ring, and after opening at a decline of 2 points the more active positions sold about 9 to 10 points lower. The close was at a t,m ( 8 to 11 points. Sales, 3750 bags. December, o.iuc; January, o.ioc; February, 6.1Sc; March. 0.28c; April. 6.37c; May. 6.46c; June. 6 85c: July. 7.LSc; Aucusti 7.34c; September. 7.40c: October. 7.47c: November 7 sac Spot, ouiet. Rio No. 7. 75c; Santos No. 4. 10c No change was reported In mllrels prices at either Rio or Santos. Rio exchange on London was d lower at 14 T-16d. Metal .Markets. NEW YORK, Dec. .23. Lead, quiet, 8 75 3.85c Copper, unsettled; electrolytic, 13 12 13.50c; casting, 13.00 13. 26e. Hods at New Tork. NEW YORK. Dec. 23. Hops Easy state common to choice. 1914, 17 18c Dried Fruit at New York. NEW YORK. Dec. 23. Evaporated apples Inactive Prunes ouiet byt steady. Peaches dull. Chicago Dairy Produce. CHICAGO. Dec. 23. Butter, unchanged. , - -" u 1, un changed. Duluth Linseed Market. DTTLUTH. Dec. 23. T.lnaoal ..!. 1 December, $1.61 14; May, $1.62. LONDON TO REOPEN Stock Trading Will Be sumed January 4. Re- STRINGENT RULES MADE Prices In Wall Street Decline Under Wave of General Selling- Steel Iveada in Downward Move ment Bonds Weak. LONDON. Dec 23, 7:30 P. M. It was officially announced this evening that the London Stock Exchange will reopen Janu ary 4. The conduct of business, however, will be restricted by stringent regulations Imposed by the treasury in the Interest of the nation. The exchange has been clossd since the outbreak of the war. The regula tions under which the exchange will operate include the following: Dealings except tor cash will be prohibit ed: the present minlnr om price lists are to be maintained and extended to alt transac tions recorded; a broker at the time of sell ing securities must show that he possesses or controls them: no dealings In new issues will be allowed unless approved by the treas ury; no member will be allowed to bid for or offer stock openly in the market;, no member will be permitted to negotiate the purchase or sale of shares dealt in on the American market at a less price than the English equivalent of the New York closing price of July 30; only British-born or nat uralised members or clerks will be admit ted to the exchange. SELLING ON NEW YORK EXCHANGE Steel Leads In Downward Movement and Entire List Declines. NEW YORK. Dec. ?8. For the first time since the recent renewal of open trading in all stocks, there were unmistakable signs today of general liquidation. A number of speculative Issues, including United States Steel and Southern Pacific, fell to their minimum and many others in the same class, including Canadian Pacific. Union Pacific. Great Northern preferred. Northern Pacific, Pennsylvania, Baltimore & Ohio and United States Steel preferred, came near their estab lished low prices. As usual, the receding movement began with Steel, which held steady until midday, when it broke new low ground. Almost im mediately other leaders began to decline, the whole list yielding a little later when announcement of the redifced Pennsylvania Company dividend was made. From that period the movement was backed by in creasing weakness, with only an occasional itful rally. The setting was too general for analysis, but foreign offers and. bear ac tivity contributed tfie.r part, together with unloading by discouraged investors. Near the close of the market. Steel was of fered at 48, with no bid. and other specula tive issues showed little disparity between bid and asked prices. Today's closing quo tations represent declines of 5 to 10 points from the high of December 15, the loss In certain specialties extending' to 15 points. Weakness prevailed in bonds, with marked pressure upon convertible and low-priced issues. Total sales, par value, were $1,503. OOO. United States coupon 3s declined per cent on call. CLOSING STOCK QUOTATIONS. - " Closlns qb tea. 1.600 18,400 6.50O .1,600 2,200 High. 23 52 83 24 l 57 Low. Bid. Alaska Gold .. Amal Copper .. Am Beet Sugar American Can. Am Smel & Ref do preferred.. Am Sugar Ref. Am Tel & Tel.. 25 49. SO 23(4 04-Ji 24 49 31 23 B4 98 J 1(1 103 25 89 7 83 15 153 36 40 10 84 122 31 21 5 8 11 21 107 112 23 43 I11K 50 15 89 21 130 120 51 17 9 9 119 4T. 11 81 53 H 97 1 25 12 15 15 800 116 116 Am Tobacco . . 'Anaconda Mill., 15,100 l.lOO 1.200 tiOO 400 25 t) 85 "i 15 155 87 ! V. 10 li 87 '32 24 24 no 67 84 13 153 30 41 10 85 "31 23 Atchison Bait & Ohio . . . Brook R Tran.. Cal Petroleum Central Leather Ohes & Ohio . . Chi Gt West . . C. M & St Paul Chicago & N W Chlno Copper .. Col Fuel & Iron D & It Grande. do preferred.. Distillers' Secur Erie General Elec .. Gt North pr . . Gt North Ore.. Guggenheim Ex Illinois Central.' Interbor Met pf Inspiration Cop Inter Harvester K C Southern... Lehigh Valley. Louis & Nash.. Mex Petroleum. Miami Copper... Mo, Kan & Tex. Mo Pacific .... Nat Biscuit ... National Lead.. Nevada Copper N Y Central . . N Y. N H & H. Norfolk & West Northern Pac. . Pacific Mail ... Pac Tel & Tel . . 1.700 8,800 600 200 1.200 ' 2,800 300 3,200 4110 1.300 400 200 2O0 "O0 200 22 139 113 25 45 108 "iflii 90 Ts 21 4 137 111 25 45 108 '15 90 130 "si" 17 "9" 120 81 53 98 97 10 8,400 134 500 1,100 ' "ion 200 "too 1. HOO 2.20K 400 2. HO0 100 52 17 'io' 121 11 Hi 83 "4 .'.ll 90 100 19 Pennsylvania ... 4,300 Pullman Pal Car Ray Con Copper 1,900 Reading 20.000 Rep I & S Rock Island Co 1,800 do preferred.. 1,500 St L 4 S F 2 p( Southern Pacific 5.900 Southern Ry Tenn Copper ... 1,400 Texas Company Union Pacific .. 7.500 do preferred.. U S Steel . . . 17.700 do preferred. . 800 Utah Copper . . 2.400 Wabash pf Western Union. 40O Westing Elec .. 800 10C J02 15 144 "i 1 '82 "36 116 "49' " 104 47- "57' " 15 140 140 IS 294 81 15 30 124 113 78 4S 103 40 158 nn 1 '8l" 294 113 "is" " 103 . 40 "nn," 07 66 66 Total sales for the day. 162,500 shares. BONDS. U S Ref 2s. reg. 96 do coupon.... 9G U S 3s. reg 100 do coupon .... 10O U S N 4s, reg. .108 do coupon. .. .109 N Y C G Ss, b. Nor Pac 3s do 4s ........ Union Pac 4s, b. Wis Cent 4s 7S 02 89 9 ", 91- Money, Exchange, Etc. NEW YORK. Dec 23. Call money, steady. High, 8 per cent; low. 2 per cent: ruling rate, 3 per cent; last loan, 8 per cent; clos ing bid, 2 per cent; offered at 8 per ce.nt. Time loans, easy. Sixty and 90 days and six months, 8 4 per cent; mercantile paper. 44 per cent. Sterling exchange, firm; 8-day bills, $4.8275; for cables, $4.8605;- for demand, $4.86. Bar silver, 48tc. Mexican dollars, 87tc. Government bonds, heavy; railroad bonds, weak. SAN FRANCISCO,-Dec. 23. Silver bars, 48c Mexican dollars, i'ir. Drafts, sight par. telegraph Sc. Sterling, demand $4.85 ; cable, $4.86. LONDON. Dec. 23. Bar silver, 22 d per ounce. Money. 1 per cent. Discount rates, short and three months, 2 13-162 per cent. PORTLAND HOUSE BUYS LUMBERMEN'S TRUST BEST KIDDER FOR $1,000,000 SEATTLE BONDS. National City Bank, of New York. As sociated With Local Financial In stitution In Large Purchase. The successful bidder for the $1,000,000 of 5 per cent road bonds of King County, Washington, which were sold at Seattle Tuesday, was the Lumbermens Trust Com pany, of Portland, which offered a pre mium of $31,090. The bid of the Portland house was participated in by the Natlonl City Bank and Redmnd & Co., of New York. Bidding for the bonds was quite spirited and most of the large bond houses of the country were represented in the ten ders in the way of participation. The other bidders were the Dexter-Horton National Bank of Seattle. 103.107; E. H. Rollins & Sons. Chicago, 102.77: Henry Teal, of Port land. 102.1H. A bid was made by George H. Tllden Sc Co., of Seattle, of 103.28 for $100,000 of the bonds provided he be given an option on the remainder at the same price to January 15. Mr. Tllden made 1 ..... - ... to himself, declaring that his bid was the highest. However, the County Commis- t sioners had invited unconditional - bids an'd un mis gruuna Air, jiiaens tenner was thrown out and the bonds awarded to the Portland house. The Lumbermens Trust Company was represented by Frank W. Camp, who re turned .o Portland yesterday. He reported great interest manifested in the sale, a large number of bond men being present. "These bonds, as well as the issue of $1,000.00 Multnomah County bridge bonds sold recently, furnish a clew to the condi tion of the Investment market," said Mr, Camp. "The Multnomah Issue brought a very slightly higher price, considering the yield, as it sold on a basis of 4.70 per cent, while the Seattle issue sold on a basis of 4.75 per cent. A strong bond market is anticipated for January and there is no recession in the high favor In which mu nicipal bonds are held at the present time "The King County bonds will be deliv ered February 1. 1U15. They will run 20 years and are part of $3,000,000 road bonds of King County issuance ' which were au thorized by the voters in 1912. Of the total $1,800,000 have now been sold. The funds realized February 1 from this sale will be used during the coming year in car rying out comprehensive good roads plans entered upon by the county." STOCK TRADE- LIMITED ALL SIZES HOLD STEADY AT NORTH PORTLAND. ( Day's Business Is Largely In Hoar DI vImJod. Where the Top Quality Is Worth 7.50. Trading was, limited In all lines at the stockyards yesterday. Two or three loads of hogs and a bunch of lambs composed the bulk of the business. The market held steady at the current range of quotations. Top hogs are quoted at $7.50, but not many reached that price yesterday, most of the offerings going at $7.30 to $7.45. The lambs were good and brought $7.30. In the cattle division, only a few odds and ends were dis posed of. Receipts were 50 cattle. 3 calves, 508 hogs and 2b9 sheep. Shippers were: With hogs A. J. Flint. Junction City. 1 car: F. B. Decker, Sllverton, 2 cars; Patton & Overton, Halsey, 1 car. With mixed loads J. D. Dlnsmore. Cottage Grove, 1 car cattle, hogs and sheep; Bar clay A Cummings, Corvallis, 1 car cattle and hogs; Bnrdick & Smith, Turner, 1 car cattle, calves and sheep; C E. Lucke, East Portland, 1 car cattle, hogs and sheep; E. B. Decker, Woodburn, 1 car hogs and sheep; J. D. Anderson, Redmond. -1 car cattle and calves. The day's sales were as follows: Wt. Price. I Wt. Price. 1 cow .... 950 $5,001 47 hogs ... 109 $6.85 1 cow . . .1220 4. 25)131 lambs . . 82 7.30 2 hogs ... 260 6.95 2 ewes ... 155 4.73 81 hogs 1S7 7.451 3 yearlings las 6.00 1 hog 3'J0 6.45 6 cows U37 4.75 5 hogs 186 7.50 7 mixed . . 03 6.00 69 hogs 200 7.30 1 bull 1670 5.00 3 hogs 303 6.75 1 steer ...1000 6.75 22 hogs ... 150 7.35 23 hogs ... 120 6.75 1 hog S70 6.50 Current prices of the various classes of stock at the yards follow: . Prime steers $7.00 7.50 Choice steers e.507.00 Medium steers 6. 25 a 8. 50 Choice cows 5.738.25 Medium cows 5.O0&5.50 Heifers S.00&0.75 Calves 6.00 8.00 Bulls . 8.5004.75 Stags 4. 50 f 6. 00 Hogs Light 6.807.60 Heavy .006.SO Sheep Wethers 5.25 6 10 Ewes 4.2540.25 Lambs 8.257.50 ' Omaha Livestock Market.' SOUTH OMAHA, Neb.. Dec. 23. Hogs Receipts. 11.800: market, lower. Heavy. $(i.754i.7.15; light. $.8S7.10; pigs. $5.70 0.75: bulk of eales, $6.957. Cattle RecoiDts. 220O; market, steady. Native steers. $0.759.75: native cows and heifers. 5.257 25: Western steers, $608.25; Texas steers. $5.80S7.10: Texas cows and heifers. 5 (3 6.75: calves. $7 9. Sheen Recelnts. 400: market. higher. Yearlrnirs. 8.50M 7.25; wethers, $5.750.3O; lambs. $7.50 ii 8.45. Chicago LIvestockMarket. CHICAGO. Dec. 23. Hogs Receipts, 50. 000: market strong-, at yesterday's average. Bulk of sales. $7.O57.20; light, $0.80 7.20: mixed. $0.90 7.23: heavy, $6.857.25; rough. $6.857: pigs. di5.507.10. Cattle Receipts. 8O00; market, strong. Native steers, $5.40 10; Western steers, $5,lo8: cow.s and heifers, $3.108.25; calves. $G.509.50. Sheep Receipts. 18.000: market, strong. Sheeo. $5.500.35: yearling. $6.607.45: lambs. $U.25S8:00; New York Sugar Market. J,'EW YORK, Dec. 23. Raw sugar, firm. Molasses sugar, $3.86; centrifugal, $4.01. Re fined, steady. . Futures opened easy, with prices un changed to 10 points lower. Later the mar ket firmed up and at midday was about unchanged .from last night, with ssles of 1100 tons. Futures closed steady. February, 2.b5c; May, 8c; June, 3.08c; September 3.25c. Naval Stores. SAVANNAH, Dec. 23. Turpentine, firm, 42c; sales, none; receipts, 504 barrels; shipments, 240 barrels; stocks. 34,907 barrels. Rosin, firm; sales, 99 barrels; receipts, 3 990 barrels; shipments, 2395 barrels; stocks, 142,507 barrels, wuotatiuns unchanged. Cotton Market. NEW YORK. Dec. 23. Spot cotton, quiet Middling uplands, 7.65c. LIMITED ALWAYS ON TIME Great Northern Agent Chuckles and "Points With Pride.-' It is seldom that a railroad man "points with pride." But Henry Dickson, he or the Great Northern city ticket office, is doing that same thing- risht n,ow. 1 liis pointer is Uirei-ted at the "re markable record" of the Oriental Lim ited, the Great Northern's fancy train operating- between St. Paul and the North Pacific Coast. The Oriental Limited was 'on 'time every day from July 14, 1914, to July 19, inclusive, 97 days, and was late four days between July 20 and 27. ow ing to tunnel construction In the Rockies, but was on time again every nay irora July 25 to December 15141 days. In other words. It was on time :ss days out of 242. "It surely Is something to be nroud of," chuckles Mr. Dickson as he tells prospective ticket purchasers of the Oriental's achievement. CLACKAMAS LEVY FALLS Court Fixes J 8.5 Mills, $43,000 Less Than Current Year. OREGON CITY, Or., DeDc. 23. (Spe cial.) The total county, state and school tax In Clackamas County next year will be 1.5 mills less than it was in 1914. The County Court adopted-the levies today. The state tax will be S.3 mills, the county -tax 3.2 mills, the school tax 3.4 mills and the road tax 8 mills. The total levy, 18.5 mills, wli raise $536, 500, a decrease of $43,000. The total valuation of the county has decreased more than $1,000,000 because of the lit igation between the Oregon & Califor nia Kallroad Company and the Federal Government. The Oregon City property owner will face a 35.2 mill levy next year, a reduction of more than 4 mills. The County Court has made no sub stantial change from the budget adopt ed at the taxpayers' meeting- last week. Year-old Pis Weighs 450 Pounds. COTTAGE GROVE. Or.. Dec. 23. (Special.) B. -G. Crowe killed a year old pig last week that weighed 450 pounds -dressed. He thinks this will hold the record for some time for a pig of that age. Until about two months ago the animal was allowed to run, being fed some swill. It was fattened on corn. The pig was a -mixed Poland China and Red. Mr. Crowe says he could make plenty of money on hogs if he could raise year-old swine .that would average the weight of this one. WHEAT MOVES BACK Chicago Market Loses Part of Recent Gain. TONE NERVOUS AT CLOSE Xonierons Predictions That Argen tine Surplus Will Be Much Larger Than Estimated Italy Buying- wheat and Oats. " CHICAOO. Dec. 28. The wheat market closed nervous at ueKc to c net decline. Corn finished 4c to ?4c above last night, oats ud to He and provisions un changed to 27 Ho down. - Italian buying of 1,250,000 bushels of cash wheat here gave the market early an Impressive show of strength. Speculators rushed to th bull side of tho market and there was a swift upturn In prices, new high levels beine- reached for the cash and De cember deliveries, with May Jumping to within 2Kc of the topmost figures since BuroDean hostilities began. Predictions were numerous that the Argentine surplus crop would prove a good deal larger than recent estimates had led the trade to expect. Corn developed surprising stubbornness In the face of the bearish action of wheat. The main Influence upholding oats was the purchase of 1.000.000 bushels here to go to Italy. The British government was also reported to bt buying oats ou a big scale at Winnipeg. Declines in the valtfe of hogs carried down- provisions. Much of the selling was by packers. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. Dec 1.26 1.26 1.25 t.:r7 May 1.2814 1.29 3i. 1.2S 1.2H. July 1.204 1.20 H 1.19 '4 1.20 COKS. Dec 65 .65 H May 714 .71ti July 72 .72 .65 .654 .71 i .714 7174 -124 OATS. Dec 4S7, .4!H .48 May 53 .53 Vi .521 -4ST4 .534 MESS PORK. Jan 18.65 1S.B5 18.33 18.35 May 19.15 19.15 18.85 18.85. - LARD. Jan. "T. 10.32 10.S3 1O.30 10.80 May 10.52 10.67H 10.474 10,474 SHORT RIB3. Jan. 10.15 10.15 10.10 10.10 May 10.57 "4 10.574 10.45 10.45 Cash prices were: Wheat, No. 2 red. $1.234 01.27; Ko. 2 hard. $1.25 1.274. Corn, No. 2 yellow, 664 6C4c: No. 3 yel low, josneiesc. Rye. No. 2. $1.104. Barley. 57 72c. Timothy. $4.75 5 7.00. Clover, $12.5015.00. Koropean Grain Markets. LONDON. Dec. 23. Cargoes on passage. LIVERPOOL. Dec. 23. nominal. Wheat futures, Minneapolis Grain Marlt. MINNEAPOLIS, Dec. 23. Wheat. Decem ber. $1.21; May. $1.244; No. 1 hard, $1.26; No. 1 Northern. $1.22 1.25 i : No. 2 North ern, $1,111 Viet 1.23,. Rye-barley, 5764o; flax. $1.594 W 1.024. San Francisco Grain Market. SAN FRANCISCO Dec. 23. Spot quota tions: waua vvana, red Rus sian, $1,110 & 1.07 : Turkey red. $1.97 H (111 2; bluestem. $2.05t 2.07 4 : feed barlev. $1.25 U 1.27s; white oats, $1.501.524; bran, $27 i27.5t; middlings, $30c31; shorts, $20 28.50. Call board Wheat Arm ; barley firm. De- cemDer, l.sv bid. $i.;ir, askea; May, $1.424; January, $1.29 bid. $1.33 asked. Pu?et Sound Grain Markets. SEATTLE, Dec 23. Wheat Bluestem, $1.25; Turkey red. $1.20; fortyfold. $1.23: club. $1.23: Fife. $1.18; red Russian, $1.17. Barley. $26.50 per ton. Yesterdays car receipts Wheat 34, oats 4, barley 22. hay 21, flour 5. TACOMA. Dec. 23. Wheat Bluestem, $1.22: fortyfold, $1.20; club, $1.18; File, $1.16. Car receipts Wheat 39, barley 3, corn 1. oats 3, hay 19. CLATSOP JUDGE REPLIES Criticism of Administrative OTficcs by Clerks Is Scored. ASTORIA, Or., Dec. 21. (To the Edi tor.) I noted in The Oregonian on De cember 20 an article from State In surance Commissioner Ferguson's " of fice, in which some of the clerks in his office have seen fit to criticise the ad ministrative offices .of Clatsop County, and I would be grateful to you. indeed, if you would grant me sufficient space in your paper to contradict some of the.se misstatements. First Relative to timber cruise. The Assessor of Clatsop County petitioned the County Court to furnish his office with sufficient data to enable him to place a fair and just valuation upon the timber lands of Clatsop County. The County Court entered into a con tract with the Nease Timber Company to furnish the data asked for by the Assessor. Some timber owners, who chose to style themselves as the Tax payers' League, attempted to prevent this action on the part of the county. The officers were enjoined; the matter was taken through the Supreme Court of the State of Oregon, the Supreme Court holding that it was fit and prop er that the County Court should fur nish the Assessor with this infoma tlon. The result was that the assessed valuation on the timber lands of Clat sop County were increased three-fold, and the assessed valuation of Clatsop County as equalized by the Board of Equalization was raised from an esti mate of 31 per cent in 1912, estimated by State Tax Commission, to 59 per cent in 191S, estimated by the State Tax Commission, with a result that the farmers and small residence owners, banks and other institutions of Clat sop County were paying considerably jsss taxes, part of the burden being Dorn ojr the timbermen. and yet the clerical force in Mr. Ferguson's office has seen fit to criticise the findings of the Supreme Court and administrative offices of Clatsop County. Second The Oregon State Legisla ture for the year 1913 passed a law providing for the establishment of an experimental station in Clatsop County for the purpose of investigating and ex perimenting with tidelands and logged off lands and providing that the work be carried on under the auspices and direction of the Oregon Agricultural College, through their board of regents, and that Professor Kerr, president of the Oregon Agricultural College, vis ited Clatsop County and, after a care ful investigation and inspection of the conditions, selected a tract of land con sisting of 70 acres as the best-known site for the John Jacob Astor experi mental station, and immediately there after employed a superintendent, who was placed In charge of said institu tion, and also furnished to Clatsop County plana and specifications for the buildings and other improvements to be erected according to the plans and specifications furnished by the Oregon Agricultural College, and yet the clerks in Mr. Ferguson's office have taken upon themselves the responsibility of criticising the action taken by the board of regents of the Oregon Agri cultural College and the County Court of Clatsop County In carrying out this work. Third That there was In Clatsop County no home or hospital for county poor and they were taken care of by LADD & TILTON BANK Established 1859. Capital and Surplus Commercial and various people and that this method of caring for the poor was not satis factory, therefore the County Court, as provided by law, determined to es tablish what is known as Clatsop County Hospital and Home, and that in looking for a site it was considered advantageous to all concerned that it would be placed upon the John Jacob Astor Experimental Station, that plans and specifications were prepared for a suitable building for this purpose and that these plans and specifications, be fore acceptance by the County Court, were presented to the State Board of Health for their recommendation, which recommendation is on record in Clatsop County. They were also presented to the prominent physicians of Clatsop County, one of whom was Dr. Fulton. County Overseer of County Poor, and were unanimously indorsed by all these authorities, and the building stands there today, the best evidence of what it is and whether or not it is extrava gant, and yet the clerks in Mr. Fergu son's office have taken upon themselves the responsibility of criticising the ex pediency of this investment. It occurs to me that this is a case of the tall attempting to wag the dog. It is unusual for the clerical force to crit icise the executive force of any insti tution. They are employed to record the acts, of others, and I am convinced from what I have heard from the vari ous counties in the State of Oregon that the next Legislature will undoubtedly amputate this extraordinary appen dage. ' EDWARD C. JUDD. - County Judge of Clatsop County. GRADING AWARD IS MADE ST. JOHXS MEX MIST DO WORK IS DEMAND OF COUXCIl, Wood Now Ready to Be Cat by I nem ployed Moose Lodge Applies for Liquor License. ST. JOHXS, Or., Dec 23. (Special.) The Council awarded the contract for grading and sidewalks on Macrum avenue last night to the Cochrane Nuttlng Company for $3572.66, provided the company will agree to employ St. Johns men. If the company will not do this, the Council voted to let the contract to V. M. Mason, the next lowest bidder, for $3747.54. Councilman J. W. Davis reported that wood to cut is ready for the unem ployed on the Gatton tract at $1.25 a cord. James Johns Lodge. Xo. 1509. Loval Order of Moose, made application for a liquor license under the provisions of the newly passed ordinance, permitting clubs of 200 and more to secure a licenso at $25 a year. The application was referred to the license committee. All four St. Johns saloons were granted licenses tor the ensuing year. The North Bank Railroad made at) plication for a crossing over the newly built road to the Western Cooperage Company's plants, and the matter was rererred to City Attorney Parker to as certain the city's responsibility In the matter. The Portland Railway, Light rower company announced that it will establish a waiting-room on Jer sey, near Baltimore street. EARLY DIVIDEND EXPECTED IJeceiver lei".es Knowledge of 'ew Rank In Ceittralia. CENTRAL! A, Wash., Dec. 23. (Spe cial.) If legal requirements can be met. the union Loan & Trust Company which closed its doors here in Sep tember following the failure of . the United btates National Bank, will pay a lividend within 30 days, according to John Galvln, the bank receiver. When Mr. Galvin was appointed by .Judge Rice in the Lewis County Supe- iror Court last week he was instructed by the court to pay a dividend as soon as possible. Mr. Galvin asserted , yesterday that he knew nothing of a .$100,000 bank, which, it was reported recently, would be incorporated here the first of the year. CROOK BOUNDARY PUZZLES Does Jefferson Include Portion Is Question for Supreme Court. GATEWAY. Or.. Doc. 23. (Special.) There is much discussion throughout Crook County as to whether it still is intact or whether a portion is Jeffer son County. The District Judge ren dered a decision in favor of the new county but the case has been appealed to the Supreme Court. Should the Supremo Court uphold the district decision, no less than three towns. Metolius, Culver and Madras, are after the temporary county seat. William Boegli. J. M. King and Roscoe Gard, the commissioners recently ap pointed by Governor West, are being besieged by appeals in behalf of each place. WATER FIRMTAKES BONDS City of Bandon Concludes to Pur chase Water Works. MARSH FIELD, Or!. Dec. 23. (Spe cial.) The city of Bandon has con cluded the -purchase of the water works at (hat place and the bonds were taken by the owners of the sys tem. The city had difficulty In mar keting the bonds, owing to the strin gency of the money market, although several bonding houses bid for them, but at less than par. The Bandon Water Company takes the bonds at $48,600, Is allowed $2425 for attorneys' fees. printing of the bonds and other necessary expenses. The city takes the plant over January 1 and at , once will Install a city man ager. Oregon Cattle Shipped South. ASHLAND, Or., Dec. 23. (Special.) Quite a number of cattle are moving to feeding grounds farther south. A. F. Hunt, of Portland, one of the lead ing stockmen cf the state, and a for mer resident here, has recently bought more than 3000 head of steers in the Klamath stock section, which he has shipped to California territory irt the vicinity of Willows, to.be fattened for the Oakland and San Francisco mar kets. DAILY METEOROLOGICAL REl'OKT. , PORTLAND. Dt-c. -3. Maximum tem perature. ::.2 decrees: minimum, de crees. River reading. 8 A.M., O." ft.; chance in lant 24 hours. 0.4 ft. fall. Total rainfall ,'p v. M. to is P.M.). noiii;; total rainfall since September 1, 1111, 11.411 Inches: normal rainfKll since September 1, 17.38 Inches: deficiency of rainiall since S2,000,000 Savings Deposits September 1. 1914. 5.SD Inches. Total sim sliine. 8 hours a7 minutes; possible sun shine. S hours S7 minutes. Barometer (re duced, to sea level) 5 P. M., 3u.lt inches. THE WEATHER. Wind STATIONS. State or "Weather c o Hnkor lioise ......rr . i I'SU .1 1-2 :0 to 1 4 Cu: 4 0K.12. SE iClcar SB IClear W Clear SE Pt. cloudy s Cloudy W !Pt. cloudy S Cloudy W rcioudy S fPt. cloudy E ,Raln SW .Clear NE Clear S liaiu S Ft. cloudy N .Clear Boston ........ Canary , Chicago ...... Ienvr Des Voinen .! 30 ti I V 4 A ISO Oll 6 .00: 4 .00 iV .1 44 0 .1 4'0 Duluth " .t 4 0. OKI 6 Eurek 1 Galveston .1 WHI . I SO 0 4 OS 10 .! 420. .! 04 O. .! 3l:. Jacksonville ! 00:1(1 IllJi t! Kansas City Los Angeles Mtirshrield. aieOford , Minneapolis Montreal New Orleans . New York .... North Head North Yakima Phoenix 1'ocatello Portland Roseburir Sacramento St. Louis Salt Lake San Francisco Seattle Dokane , Tacoma Tatoosh Island Walla Walla . Washington Wianluet 0O 6 4 .1 .ISO. OO 4! .1 42 ( .1 it (K! 4 TV H NW 4riear NE :Snow NW Clear K ;Cloudy NW'fClear N IClt-ar K IClear SW Cloudy W Clear NWIClear NWlClear jClear SE .Cloudy E Pt. cloudy NW;Clear NE (.Clear NW Clear N IClear E 'Pt. cloudy 1 'Cl.-r 4 0 Mil (HI 14 OO! 4 -.1 1 2X O 4HH14 OH. 4' i. 44 O. 24 O OO! 4 IS 4 i ."SO. i 24 (K 4 3112 O OO I 2 1 SS:0. 00! 4 1 .mo. I 34 0. I SS:0. I o : 44 0. 4.KJI 4 (HI 12 Ki 4 On 4i 1 :so. Oof 4" UO' 4 (II 14 00 . .1 OHIO' I 420 ; IS O I 22 0 I :;s o. N 'Clear NWiClear -12 o O0- 8 WEATHER CONDITIONS. A moderate deoressi4n Is central 4ver Arizona. but relatively lii(?h l.arometrio Dress'i-e obtshis over oractl.-uily the entire country. I.licht nre-lokation hns occurred in Arizona. New Mexico. Texas, western Can ada. Norch Dakota. Minnesota and Penn 5'lv'ania. The weather is cooler In Northern California. Arizona. Southern L'tah, the At lantic States. Eastern South Dakota and. most of Canada: warmer weather obtains in nearly alt other sections. Temperatures are below normal in Oreeon. Washington and Idaho. Nevala. the Basin States, the Southern Plains States and from the Mis sissippi Valley eastward to the Atlantic coast (except In Southern Florida, also in interior western and eastern Canada. The conditions are favorable for irenerallv fair weather in this district Thursday. Temperature chanires will be unimportant and wlncis will be mostly easterly. FORECASTS. Portland and vicinity Fair; easterly winds. oreeon. Washington and Idaho Generaliv falr. not much chanae in temperatui e; winds mostly easterly. THEODORE P. DRAKE. Actlnir District Forecast!-. Safety first, last and always BITULITHIC Pavement TRAVELERS' till DC FRENCH LINE tompagnie Oenerale Transatlantlque. POSTAl, SERVICE. Sailings for HAVRE NIAGARA Jan. 2, 3 P. M. ROCHAMBEAU Jan. 9,3P.M. FOR INFORMATION APPLY C. W. Stinger, 80 6th St.; A. 1). Charlton! 253 Murrifton St.; E. Al. Taylor. C. M. & rt. I'. K.v.; linraey li. Smith. 116 3d M.j A. C. Sheldon, 100 ol si.; II. Ilickson. 348 Wasii LiiKlon St.; North Itank Koad, ftth and Mark sis.; F. S. McFnrland, 3d and IVastiingtou ts.; E. It. Duffy. 124 3d at., Portland. t v COGS BAY AND KLRKKA S. S. ELDER SAILS SL'NIAY, I)W. 27. 9 A. M. AND EVERY SUNDAY THEREAFTER, NORTH PACIFIC STEAMSHIP CO. Ticket Office 1 Frelcht Office 122 A Sd St. ) Foot NorthruD St. MAIN 1314. A 1314. II Main 2203. A o!22. AUSTRALIA TAHITI AND SEW ZEALAND. Regular throuKh sailing- for 6ydney via Tahiti and Wellington from San Francisco. Jan. 6. Feb. S. Mar. 3, and every 2& days. Send for Pamphlet. Cnion Steamship Co. of New Zealand. Ltd. Office 679 Market street, Kan FranciM-o. or I ihb I B. W. and R. R. agent. STEAMSHIP Sails Direct For SAN FRANCISCO LOS ANGELES AND SAN DIEGO. Tomorrow, 8 A. M., Dec. 25 SAN FRANCISCO. PORTLAND & LOS ANGELES STKAJ1SIIIP CO. FRANK. UOLLAJJ. Agent. I4 Third St. A 4,,8ti. Main SC. E JAN E. I rf I I THE. CITY BEAUTIFUL BAHIA. SANTOS. MONTEVIDEO, and BUENOS AIRS3 Frequent sailings from New Tork by near and fast 12.60d-ton) passenger steamers. UL'SK DANIELS, Gen. Asta, Broadway, N. Y. Dorsey B. frmilb. 3d and '. Vashlngtoa Sta. Mr Local Agjnts. S. S. ROSE CITY SAILS 3 P. 5L. DEC. St. SAN FRANCISCO LOS ANGELES The San f-ranclsro & Portland M. S. Co, Third and Washing too bts. (with O.-W. R. Jt N. Co.). Tel. Marshall tiOO. A (Ul. COOi BAY LINii STEAMSHIP BKEAKWATtS Eatki from Alnsworth dock. Portland, f P. M. every Tuesday. Freight and ticket O'.flee, .ower Alnsworth dock. P a C B. & S. Lisa, L. U. Keating. Agnt Phones MOn 1(0. .. IS12. City Ticket otllce. 0 8Mi.ii at. C W. bunger. Agent, rs-j&dl Marus. 4a(iu. A illL. 0