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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 6, 1915)
17 ILLS BIG BUYERS CONDENSED STATEMENT " 1 The First National Bank of Portland, Or. At the Close of Business December 31, 1914 STATEMENT OF THE CONDITION OF The Northwestern National Bank v . of Portland. Oregon. At the Close of Business December 31, 1911 STATEMENT OF THE CONDITION OF Portland Trust and Savings Bank of Portland, Or. At the Close of Business December 31, 1914 Cash Wheat Prices Highest in 45 Years. OPTIONS ALSO CLIMBING THE MOKXIXG OREGONIAX, WEDNESDAY, JANUARY 6, 1915. Deli cry at Chicago Has Ad tancrd 0cr 1n Cents In Past Week LJveroo Market Is Excited. CHIOACO. Jjn. 5. Prices said not to tti D-n r(iMld lor cub wtitBI hcra t thli tune of th jear ainc the Franco-I'roaalan mmr In tSTO ra racbl today on chain. 1:nut!e millers wre the -hif buyer of ttw rasa whut that was bargained for la OWfo. Knporter. hoH orarrrt requirements TO V.urw-n shipment have brought about an almost ttnpr'denti-d situation In regard to toteausturls. were aani to have continued to IMir :rn amounts, but eu.0O bushels waa the rreatest total known. Meanwhile apec- i i v here sweat hiaher and I- thouch onettlod at the finish, were 14 rente to 2-124 cents above laet night C.jm cloaed unchanged to i-lHr higher, oata ti K.iwc to tc and provision dearer b T4 w loc to 03c. Speculative dealers at tha atari cut looae boullr from dependence on what exporter! a ore did or did not do for the moment con cerning whe;u. Direct cable advicea from Liverpool admitted that the British market waa excited and that offerings there were a-arce, not only from the United Mattes, but a ao from Argentina. Lively profit-taking; by fortunate bulls threatened for a while to rret the greater part of the fresh gains, but on a second sweil the market rebounded higher than before and wound up within f the top level reached. On the crest of the advance today P.O. -red Winter wheat sold at SI. MH a bushel, a price not approached here In January since l":!, during tho Turko-Pruastan war. The Ma option today went to tl.SiHW 1 ITS. a bulne of luilw3,e a bushel as compared with Just a week ago. Corn made a stronx start with wheat, but mn Into havy profit taking and a decided te..-r- ..r .iittilrv oireruixs. ine mm n-. v rulllcd. though, aa a result of the large up turn In wheu .1...- with corn. There was also fair cash deman.l for oata. including 1U0.0U0 bufthels to exporter. uunlde Interests boucht provisions freely. Big receipts of hogs and an Increase, or mi eri-k .r cut meats at Western packing cen ter waa apparently more titan oflset by re port of a sharp Improvement in casn uo znaad. sh prices were: Wheat No. red. .K hi 8 l.St t : No. bard. S1.3:H01.:SVi. fom No. 3 vellow. iO'jflTOljC; No. yellow. frti4c Kye No. $1.134. Barley 6i tj "c. Timothy 1 if T.50. r,rw ii.sogi3. Futurea ranged aa follows: 11 K a i . Ooen. Hirh. L. .. 1.3 l.S7a 1.34V .. l:l" l.lt'.e 1.22 CORN". . . .75 ; .7 i .. .7t .77', OATS. .. .i3-a .-S'-s -is PORK. ..11.3 1.7(4 li.llSi I.ARD. Mir July Mar Ju July Jin. alay .75 U .: cio.e l-ST-i 1.5 J .75 .J-Se .55 H a 15.15 lt.0 JlIR. Xay Jan. Hit . .10 r . .ll.: t 19 . 10 57H 10.5754 !. 10.7$ lLOi 1U 50 19.35 10.SO passage, 10.75 11. a RIB3. I0.r5 Printers' receipts Wheat. HS.OOO bushels a. i:.i buht-'. Corn, .::..(" bushels I.iin bushels. Ciats. sll.voe bushels . 7M.OOO bunhels. 4i.d.nitii Whst. l.a.'.0n bushels ,!u bushels. t'rn. l.t'l.twi bushels vs. v: .,. bushels. Oais. l.tuu.ou bushels vs. ' S.uuu bualieia. - - - Ksrspeu t.rain Markrta. I.OYtMJ.V. Jau. 5. Cargoea on troug. LIVKIIl'OOU Jin- 5. Torn. January. a., tihl- la 4.1. Corn. February, as lid: Id. fash ahrat 4'.jd to Had higher. Fu tures not quoted. H T " O s ATKKS. Jan. 5. Wheat closed J h.g.icr. Corn V l" S higher. 4KC.ENTIVA. Jan. i Holiday. Curb trnea suong. Oats 3 higher. Mlnneapolla "-rain Market. JIIVNtAIVLIS. Jan. 5 Wheat May. ti.-is: J 1 1 . L31)4":1 asked: No. 1 har.l. 11 No. I Northern. 11.31 13iS: No. 3 Northern. I L:s a V 1-3 tla-. .' and crts; flax. to i.;.' Hhral Means at SI. Law Is. ST I.OI'IS. Jan. 5. May wheat closed at SI an Increase of 2Sc over yesterday's Cash wheat went to Sl.-t- for No. 2 red. Sc more thuu Monday's price. Mast Fraacinrw tirwlsi Market. SAV KKANCISOO. Jan. 3 Spot quota tions: UU Witlla. fi 1M J.U'ia : red Rus sian. :.U7S ii in; Turkey red. S2.15&::.2v: I'Miestem. feed l-urley. Sl.tilA I t.; white oats. S I u l.i.'t : bran. S-Str -..'-. mlddllncs, .ll'l-l. shorts, ': ."mi. Cail board- Barley December. 1 10 bid: Jauuarv-. P ii get Soond ttrmln Market. TXCOMA. Jan. 5. Wheat Blueatem. Si". fortfkl. S1.33: club. SI.;;, file, Cjr receipts Wheat. 5: barley. S: corn, Z . v i. ik : ua. 7 . K TTI.rT. J-ii. . Wheal Ttluestem. : 31; turkey red. !.:-: f.irtyfold. Sl.C; l.fe. Sl.r: red Russian. 11.3a. iijrin trr.jo &.er twu. Ve-rd-t a car receipt Wheat. 6; oats, S. Larlc. 7: tiny. 1: Hour, lo. Ms Knuicisew Advaarew rlour. SAN Fit ANC1SCO. Jan. 0. In sympathy w itrt the movement of wheat markets eise- here, all grades of baker' flour here mmped .VI nt a barrel today. Family r&tras remained stntlotiar. Metal Market. NF:t I'OKK. Jan. o. Copper Steady, r'lcelrolvtlf. Ill a" l.jt'C ; canting. JU.aJJ Lead 3. "." U 3. S.V-. t'oltoo Market. NKW YORK. Jan. r.. The cotton market -h.d steadv at a net advance of three to rix'H tHiints. Spt cotton, steady. Middling upland. ... sales, iii balei. RESOURCES Loans and Discounts $1,959,303.85 United States Bonds 50,000.00 Stock in Federal Reserve Bank 5,750.00 Subscription to $100,000,000 Gold Fund ' 13,125.00 Other Bonds and Securities 578,706.37 Furniture and Fixtures 74,906.68 Cash on Hand and Due From Banks 1,086,686.95 $3,768,538.85 LIABILITIES Capital Stock Paid In .$ 500,000.00 Surplus and Undivided Profits 102,976.81 Circulation 148,500.00 Deposits , 3,017,062.04 $3,768,538.85 RESOURCES Loans and Discounts .$ 768,724 J.6 Bonds and Stocks 167,154.36 Real Estate and Furniture and Fixtures 245,468.33 Cash on Hand and Due From Banks 454,349.65 $1,635,696.50 LIABILITIES Capital Stock $ 300,000.00 Surplus and Undivided Profits 50,529.67 Deposits 1,285,166.83 $1,635,696.50 DIRECTORS OF BOTH INSTITUTIONS, H. L. Pittock, Chairman of the Board; L. B. Menefee, John Twohy, A. D. Charlton, George H. Kelly, A. S. Nichols, O. L. Price, J. D. Farrell, F. W. Leadbetter, Emery Olmstead. Combined Deposits, $4,302,228.87 QUARANTINE IS WANTED POTATO GROWERS WOULD KEEP TI BER MOTH OUT. Ak for Official Restriction Affut Sltlpmeata Krom California to This State. Potato grower of Oregon esk that a quarantih be established against all po tatoes shipped from California, owing to the prevalence of tuber moth in that state. At a well attenaea meeting at the Com mercial Club yesterday of representatives of i ranges In the important potato pro ducing sections, resolutions were adopted calling on tho State tfoaru or tiomcuiiure. with the sanction of the Governor, to uc- ctaro such a quarantine. The resolutions follow: Whereas, the ootato tuber moth Is a most serious menace to the farming Interests of snv state Infested therewith, and Whereas, the potatoes produced in many localities in the titate of California are very seriously infested by such pest, and Whereas, the potatoes of the State or Ore gon are. so far as known, free therefrom. and It is vitally important to the welfare of the state to prevent the infection of our potatoes, and Whereas, inspection Is inadequate to pro- vent it: therefore be It Resolved. That we, representatives of the various granges of Multnomah, Clackamas, Was bl net on. Yam h HI and Columbia Coun ties, s4srohled at Portland, or., do most re. apert fully ask the president of the State Board of Horticulture, with the approval of the Governor, to declare a quarantine against all potatoes shipped from the State of California until the danger of such In fection is obviated. w. h. h. nrFTR. J. J. JOHNSON. H. G. STARKWEATHER. BAN IRANC1SCO PRODUCE MARKET Prices Quoted at the Bay City aa Fruits, Vegetable. Etc. SAN FRANCISCO. Jan. 5. Fruits- Lemons Fancy. X503; choice. 92 2: 1.5; standards. S 1.50 V 1-73; bananas, Hawalicn. I l.Z5f1.75; pineapples. Hawaiian, 4p&c per pound; apples, California stock. Wlnesapa, 65675c; fielleileurs (cold storage), 009 75c; Oregon stock, Spitsenbergs, $1 & 1.63; New town Pippins. 80c J 1. 20; Winesaps $1 1.25. Vegetables Cucumbers, 92.509 2.75; beans. 910c; peppers, 594c: tomatoes, 30950c. Eggs Fancy ranch, 35c; pullets, 3$c; toratfe. Sic. Onions Yellow, 90c 9 $1. C h ee Y ou r g America, 1SH 13c: new. Hibernia Savings Bank of Portland, Oregon Statement at Close of Business December 31, 1911 EES0URCES Loans and Discounts $1,994,538.56 Real Estate, furniture and Fixtures 38,310.68 Stocks and Securities 24,182.01 Bonds and Warrants U. S. Government i Bonds. $ 54,687.50 City of Portland Imp't Bonds 291,440.37 Other Bonds and Wan ants.. 10,345.00 356,472.87 U. S. Foreign Exchange Gold Fund 10,500.00 Cash on Hand and Due From Banks 627,497.43 $3,051,501.55 LIABILITIES . Capital Stock r ..$ .200,000.00 Surplus and Undivided Profits 114,261.36 Dividends Unpaid 1,296.00 Savings and Time Deposits. ...$1,917,881.65 , Demand Deposits 818,062.54 Total Deposits 2,735,944.19 $3,051,501.55 RESOURCES Loans and Discounts $12,512,954.31 U. S. Bonds at Par l,S00,000.0l) Other Bonds, eto 2,050,069.49 Stock in Federal Keserve Bank 25,000.00 Subscription to $100,000,000 Gold Fund 76.125.00 Bank Premises and Real Estate 523.291.67 Customers' Liability Under Letters of Credit 30,777.75 Due From U. S. Treasurer 101,250.00 Cash on Hand and in Banks 4,976,602.70 $22,096,970.92 LIABILITIES Capital Stock : .'.$ 2.500,000.00 Surplus aud Undivided Profits 1,164.603.73 Circulation 1,465,995.00 Letters of Credit 35,377.75 Deposits 16,930,994.44 $22,096,970.93 CONDENSED STATEMENT Security Savings and Trust Company - Portland, Oregon. At the Close of Business December 31, 1914 f RESOURCES Loans $ 514J08.98 Bonds, Warrants 355,3927 Real Estate None Customers' Liability Under Letters of Credit 45,494.50 Cash on Hand and in Banks 98,566.29 Total $1,01362.04 LIABILITIES Capital $ 250,000 00 Surplus and Undivided Profits 213,596.70 Letters of Credit 48.674.50 Deposits 501,290.84 Total $1,013,562.04 Young America, 25 c; seconds. 10?l2.ac; Oregon. UVtc 16c. Butter Fancy creamery, 2tc Potatoes Delta Bur&anks. per sack, sit? $1.10; sweets, $1.7591.95 per sack: Salinas Burbanks. S1.50&1.70; Oregon uroanKS, $1.25&1.40; Idaho, $191-25. Receipts Flour. 813 quarters; oaney. ISfto centals: potatoes, 13SO sacks; hay 220 tons. Coffee Futures. NEW YORK, Jan. 6. Coffee futures con tinued met today, but prices were firmer on bullish European statistics, which prompted estimates that the world's visible supply would sho a loss of about 100,000 bags durins; December, comparing with an Increase of 498,000 for the same month last year, and the continued steadiness of the primary markets. Prices here opened at an advance of five to eight points, and the market closed at a net advance of six to eight points. Sales, 8500 bags. January, 6.04c; February, 6.14c; March 6.24c;. April, 6.33c; May 6.43c: June. 6.32c; July, 7.24c; August, 7.32c; September. 7.40c; October, 7.47c; November, 7.54c; December, 7.59c. Spot steady: Rio No. 7, 7 cents; Santos No. 4. 4 cents. Both the Brazilian markets were un changed and there was no change in the Klo fychanpff rate. 1 hk-axo Dairy produce. l'n" ACiO. Jan. !.. Butter, lower. Cream- I'K t.- r..V7 t34o. ' K e Krt i p t j. 4 3t ca?es ; ma rket , un- 1 4 nil fur Bank Report. V VHINi1TO, Jin, r. The Controller citli- i"urrno tlay calld for s report on tl c-anitr.t-n uf Natiitiml bunks at the cloa iii'inc! lrjenhT Jl. tMiluth l tnMvti Market. I I I'T'l. Jan. 5. Lirweed Cash. The Canadian Bank I of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A general banking business transacted. Interest paid on time deposits. (snsrrrial irttm mt Credit ) Isaac. f irkaaavja. La4aa. acl.. PORTLAND BRANCH. Corner Second and Stark Sts. F. C. MALPAS. Manager. Charter Xo. 4514. CONDENSED REPORT OF The United States National Bank of Fortland, Oregon. Submitted to the Comptroller of the Currency at the close of business December 31, 1914. RESOURCES. Loans and Discounts $ 6,194,477.11 United States Bonds at par 1,116,000.00 Municipal and Railway Bonds 1,468,301.54 Bank Building 125,000.00 Customers' Liability on Letters of Credit 12,833.60 Cash in Vaults $1. 908.382.68 Due from Banks 1.019,773.15 2,928,155.83 Total $11,844,813.08 e LIABILITIES. Capital .- $ 1,000,000.00 Surplus 1,000.000.00 Undivided Profits 219,149.82 Circulation 1,263,900.00 Letters of Credit 12,683.60 Deposits . 8,348,884.66 Total rf .$11,844,818.0S New York Sujrar Market. NEW YORK, Jan. 5. Raw sugar, firm, Molasses, sugar, $3.363.42; centrifugal, $4.01 4.07. Refined, steady. Centrlflgal and molases sugars were firmer In the trad ing with sales of 43,000 bags of centrifugal at $4.04; molasses sugar closed at $3.39. Dried Fruit at New York. NEW YORK, Jan. 5. Evaporated apples q ulet. Prun es, steady. Peach es, firm. STATEMENT OF CONDITION OF - LADD.& TILT0N BANK At the Close of Business December SI, 1914 RESOURCES Loans and Discounts. .$ 8,151,362.10 Bonds and Stocks 3,385,535.32 Customers' Liability on Letters of Credit. . . '123,963.83 Real Estate - 60,000.00 Subscription to $100,000,000.00 Gold Fund.. - 52,500.00 Cash on Hand and Due from Banks 3,229,836.76 $15,003,198.01 LIABILITIES Capital Stock Fully Paid .'...$ 1,000,000.00 Surplus and Undivided Profits 1,312,047 J.7 Letters of Credit 135,963.83 Reserved for Interest and Taxes 70,000.00 Deposits 12,485,187.01 $15,003,198.01 STATEMENT OF CONDITION LUMBERMENS NATIONAL BANK OF PORTLAND. At the Close of Business December 31, 1914 ' RESOURCES. r " " Loans and Discounts $3,705,874.85 U. S. Bonds and Other Securities to Secure Circulation. . 611,821.37 U. S. Bonds to Secure U. S. Deposits Stock in Federal Reserve Bank Municipal Bonds and Premiums $734,71 4J.8 Other Bonds 62,032.59 Furniture and Fixtures Due from U. S. Treasurer 75,000.00 11,050.00 786,746.77 54,100.00 27,500.00 Cash on Haiid and in Banks , 1,388,137.04 Total ........ ... i $6,660,230.03 LIABILITIES. Capital ....$1,000,000.00 Surplus and Undivided Profits 26S,61-1.17 Circulation 514,750.00 Deposits : 4,876,865.86; Total $6,660,230.03 CODliXSED REPORT OF THE CITIZENS BANK POKTL.1M), OBEGO.V. At the Clsae of Bualaraa Owtuscf 31, RESOURCES. Cash, and due from Banks Iguana itv of Portland Bonds i:eal Kstate and Fixtures Capital paid in Surplus and Profits. Denosiu LIABILITIES. 9I,MS..-U III 29,545.00- 28.00.00 J745.703.74 1100.000.00 8.201.89 619.501.85 J745.70S.74 l I'aas isrsisai ' m I19S . 1 REPORT OP THE CONDITION Merchants National Bank Washington and Fourth Sts., Portland. Oresjoa, j . At the Cloae of Bualaraa, December 31, 1014. RESOURCES. Loans and Discounts... $2,325,512.83 United States Bonds .' 433,300.00 Premium on Bonds 7,186,39 Other Bonds, Stocks and Warrants 852,502.49 Real Estate and Mortgages 41,300.69 Furniture and Fixtures ' 30,000.00 Banking Premises 79.500.00 Customers' Liability Under Letters of Credit.. ,061.60 Cash and Due From Banks 971,123.57 14,749,487.47 LIABILITIES. Capital Stock 600.000.00 Surplus and Undivided Profits. 104.8S5.S4 National Bank Notes Outstanding; 584,500.00 Dividends Unpaid ' 493.75 Bonds Borrowed 123,000.00 Deposits. 3.434,607.78 14,749,487.47 MEMBER OF THE FEDERAL RESERVE SYSTEM. REPORT OF THE CONDITION OF The Scandinavian American Bank of Portland, Oregon. At the Close of Business December 31, 1914 RESOURCES Loans and Discounts $1,065,056.67 Stocks and Bonds 235,424.00 Real Estate, Furniture and Fixtures 47,071.68 Cash on Hand and Due From Banks 458,311.30 Total Amount Resources $1,805,863.65 LIABILITIES Capital Stock Paid In $ 100,000.00 , Surplus and Profits, Less Expenses and Taxes Paid 20,158.85 Deposits, Individuals and Banks 1,685,704.80 Total Amount Liabilities $1,805,863.65 THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1864 Capital Paid In $8,500,000.00 Surplus and Undivided Profits $S,271,525.33 Commercial Banking. Savings Department. PORTLAND BRANCH Third and Stark Streets Krcncb cotton spinners have established a laboratory for determining the percentage of moisture or any abnormal dryness in cotton, that which la too dry be In revardoU &d defective. The famous Oobrlln tapfstrfs. at ill mad fn a factory owiifd hy th Krnch gnwrri' m-nt. aro wovn f nun th rvv.-rsrt ide. workman wat'-lit" lb tlestirn lhrou$ift t wet aa it la reliected la mirror.