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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 9, 1915)
13 TITE nORXTXG OREGOXIAy, SATURDAY, JAXTJARY 9. 1915. COARSE 6HAIN FIRM Advance in Oats Probably Due to Export Trade. SUPPLY IN STRONG HANDS Idaho Barley Bought by Minneapo lis Firm, but Eastern Business Ja Checked by Subequent Advance. Although only wheat w told on the Merchants Ezchan.a yesterday, interest In the rrmln trade centered largely In the oats ad barley situation. The demand for thesa coarse grains was strong, but sellers' ask Ins prices were raised and business for the day was out of the question. Oat values have moved up sharply this week, and jpa only explanation for the ad vanee la that new export business haa been booked. There Is a difference of opinion as to the also of oats stocks remaining; in the coontry. The general view la that sup plies are lanrely In second hands, and there Is no question as to the strenirth of holders. The advance In barley Is attributed largely to sympathy with the rise In oats and wheat. Barley Is the cheapest cereal on the mar ket, and although : higher than at the opening of the week, evidently Is In line for a further advance. The Northwestern crop this season was only 0 per cent of that of the previous year, and aa Interior feeding lias been large first-hand supplies must be materially reduced. Eastern buyers already have turned their attention this way. About IMS tons of Lewlston barley a bought several days ago by a Minneapolis man. probably for shipment to the East by the water route. In the meantime, however, the local rise has put a stop to Eastern business. ; Forty thousand tons of white and red wheat sold on the exchange yesterday. The sales In detail were: Hazels- i,.x February club J J.ono February club - ,,tt i.oes February club i'llu. ID.OOO February Russian J"ii2 li.ooe March Russian February club at Il.tl means a -cent gain over the last previous sale, which was on Wednesday. The top bid price on Thurs day waa 1.4. Bed Russian, February de livery, at ll.J'Vi. represents a ili-eent advance over the last sale on Tuesday and a -cent rise over the bid price of Thurs day. March Russian sold In cents higher than on Thursday. Wheat blda for prompt delivery ranged from 1 to :4i centa over the previous day. and bids for future delivery were from Vi to I cents hither. For May blueetem 1.431i was bid and fl.il asked. Offers for oats were up iO cents for prompt and :& to iO cents for later de livery. For May oats 11.it was bid. Spot barley gained to 7 cents on bid price. .No change waa announced In the flour market, nor In the price of bran or shorts, bat rolled barley was advanced to SSStfSl a ton. v Local receipts In cars) were reported hf the Merchants Exchange aa follows: Wheat Barley t lour usu aj have been Isrse. and. even with the loss In cotton, hsve brought nearly as much money ss the best of previous years. Our conduct as a nation has made, not lost, us friends among the belligerents, and some of the events of the year have taught our manu facturers and statesmen the value. Indeed, the necessity, of strengthening our indus trial resources, where the war has demon strated that weaknesses exist. Ail in all. the American business man seems Justified in taking leave of 1114 with few regrets and more hopes than seemea possible at some disturbed periods in the recent past. STRONG LOCAL DEMAND FOB POULTRY Teadeacy of Kxg Market Is Downward. Fork Is Weak. Egg prices were reduced by some of the Front street dealers yes-.erday to S3 cents for candled. There were sales, case count, at 32 cents. A seasonable increase is noted In local receipts and outside demand la restricted. The poultry market was very firm, ine K..r hena wmre in demand al 45 cents, mixed coops sold at 14 centa and broilers brought 1T?1S cents. Dressed pork was weaker with 9 centa the top. The veal market was steaay. No changes were reported in dairy prod nets. . Oranges la Small Supply. With a good demand for oranges, stocks are cleaning up closely on Front street. No further arrivaia are expected until Wednea day's boat Is In. A car of sweet potatoes was received and the market waa In good shape for the sup ply. A car of celery is due today. Vege table prlcea generally were steady. Hank Clearings. Bank clearings of the Northwestern cities yesterday wtre as follows: Clearings. Balances. Portland S1.M9..U.-I Jia.l.aTD Senile 2.2iT.S4 ISSO.D.'H Taroma 2y.vo.o jnokane &70.13O 6S.Su? STOCK TONE BETTER Forward Movement in Wall- Street Market Continues. BONDS ARE ALSO STRONG PORTLAND MARKET QUOTATIONS 29.50 au.ou Portland. ... . Year ago. ... . t 14 fce'wrfTo'date ltsbl 11JS 1414 1 I C 4 1351 1!0S "N r mi Tsconia, yes terday fte'son to dato fceattle. Wed nesday Ce'son to date 113'- 1 l J - -" - , , V.1S.J 1112 Hi lk' 11 S7 15 is:;! I in 79 1111 1 1104 N t Sl 24 ARGENTINE FORECAST IS REVISED Ualy Small Part af Crop Caa Be Moved Early. Owing to Lack of Tonnage. Reporting on theArgentlne crop situation. Consul William Uawson. of Rosalia, says: . Rural iVonUUlT and Ag- Ticultural Statistics haa presented the second report of acreage tor mo season " -- follows: Area sown. 1J.471.000 acres for w heat. The figures given in the October es timate were 13.48I.uOO acres for wheat. Weather- conditions have been very favor able and an excellent crop Is anticipated. Late froeta during the last few weeks have, owtng to abundant humidity, done little damage, except al a few points in the province of Buenos Aires. The fight against locusts which are very numerous this year. Is being conducted by the national govern ment, with the co-operation of the provincial governments. It appears that locusts may y, expected to do little damage except to core, a later crop, and a few lardy wheat anil flax fields. 'The report statee that as a rule 30 per cent of exports of wheat. Unseed, and oats are shipped during the first four months of the calendar year. Unless there is a decided In crease In available tonnage only a small part of grain can be exported during this period in 1913. and considerable quantities . Ill have to be stored. This situation should not give rise to serious difficulties, since existing granaries can handle 3. 000,000 tons." KINDS Of APFLES MOSTLY GROWN llaldwla. Dew lavl. Spy aad Wlaeaapa Are la Lead. The Bureau of Crop Estimates of the I nlted Slates Department of Agriculture as a result of a recent Inquiry, to ascertain the relative Importance of the principal vari ties of apples In the United States, found thst the four principal apples In the United Males are the Baldwin. Ben Davis. North ern Spy and Wlnesap. An estimated approx imate average annual production of the leading varieties of apples in the United etates. 1900-1913, is given by the Bureau a. follows: -fs'a'SS Xsldwln ".VS l;:r,Vrn pV ::::::::::::::::;S..T3 0.038.10 i-lioT- Island Greening iiSSI Jonathan af-uSuT h.:::::::::::::::::::: Vork Imperial .;,,,, oldenburt - it sut odd Ked Astracan V " YiVV.Vi -Yellow Newtown and Albemarle pipp'n :."..;.'." 7:h ITIXMK FOB 1913 IS CHEER FT L thaijM Tbmt Will Take Place Should Be for BMtr. Brmdstrtfet annual review of the business year eaj-s in pan- With the rwilts of lt14. that "year or a hondred rears' In mind, one would be rash who mould ptn himself down to hard and fast predictions as to the course of 1113 trade On the stock market iheory thst all bi nems is out. any possible chinfft mou!d seem to re for the bettrr. It neels to be rernmTrM thst following the first crash of houlitts and the sucveedint re cuperation, the eifeci of the immense war vMpendltureS has been a stimulating one. and fcTiiropean as well aa American indue tries catering In any way to war condition Itav been acCtrlerafed. It was so In our Tlvil war. and there is historical basts the claim that replaclnr the waste of war haa often ieA aa impetus to a varied liue of Industries. The financial results, the debts piled up. the ruin of the fou-bt-ovr reclons. the In dmtrles dstroe-. the Ues ljt. the trade formerly poMeeed rone beyond recall, must left to the future to record, but It must rniembereH that the world as a whoW lnerttaMy pays the bill as truly as the busi resa community pays tha loss from failure er from fir. The lot of the neutral In tiu war le not an aitoaether pleasant one we In this country have felt this already but as tha leading neutral country, a position ! whlch It la to be hopsd we will retain, wc seera deetined to rail heir to much of Eu rope's lest trade. On the surface of rhlnra. It mUht be al that we have complete In too form o tankruptciea a at volume of llquidatler. that, burtfnl aa It haa fcen. mUl not need tr e dirt o"-r asain. 'e now have a reL : currn-v vystera. and the tline-honorec American panic seems to have lost moat e Its ower for evil. It Is to be hor-M tha , trie bulk of our recent leglslattm. but notablv tha tariff aad the ship rerstry bills. 111 kVlna nasi VtaXaav aUxVl CUnaMa. sCiUf ZXOUa . Grain Floor Feed, Etc Merchants' Exchange, noon session : Prompt delivery: . ' , Wheats Bid. Ask. Bluestem $ 1 42V4 1.4 rortyfoid l.-M 1--S Club 1-9 1 Red ICusslan Red fito l.o& 1.58 oats No. 1 white feed 33.50 33.. 5 NofVeeT 20.?0 30.00 Brewina: U..V o..y Bran S.u.00 Shorts '-v.MO Futures February bluestem 1.44 1.43 March bluestem 1.4B 1.47 May bluestem 1.4S4 1.51 February fvrtyfold. 1.42Vs 1-43 Marc.i forty fold 1.44 1.47 February club 1.41 1-43 March club 1-43 1.44 Psalx-HOT-V t-aaH TOiTRHian .... 1.3A l.OI March red KuaJian 1.38 'nhninrv r.l fif ..... 1.V.7 J.oJ March red fife 1.30 .1-40 February oats 34. 3o 3o.uu March oats May oats ................ 3i .oO Jo.ov February feed barley .00 31.00 March feed barley Sl.OO 82.00 February bran 20.00 30.U0 M1LL.FEED Spot prices: Bran, 2S2S.50 per ton; shorts, 430fc3U.3U; ronea oaney FLOUR -Patents, $6.40 a barrel; straights, t5.44; whole wheat, ftLiTO; graham. ti. CORN' White, 36 per ton; cracked, 27 per ton. . ... HA1" Eastern Oregon timothy. 15 9 l.V.V; Valloy timothy. $13013.50; grain hay, $ 10.50 if 1 1 ; alfalfa, $13 13.50. Fruits and Vegetable. TROPlCALs FRUITS Oranges, navels. ttl TOtr:. ner box: Japanese, per box. 90c & .... in no. Knv ha nf nas. 44Hc per pound; grapefruit. $lot3'4, pineapples. 7c per pound. VKGETABL.E3 Cucumbers, hothouse. f I. I J uusriii t rappers. Vjloe per pound; artichokes, bo 4ftlHc per dozen; tomatoes, $1.7o per crate; cabbage. ltle per pound; beans, 12MtC A a. "u. ne era t cauli flower. y.3 per crate; sprouts. St per . i . . a ii o.nv" nsfet oratn: pound ; neaa .cnui-a, .' " ' pumpkins, Uo per pound; squash, llic per pounu. GREEN FRUITS Apples, TSetlfl.SO per DOS; LtU3, 1" ' fc. .w, . 1.50: grapes, J.ioX75 per barrel; cran berries. $811 per barrel . POTATOK3 Oregon. 11 per sack; Iaano, Htol.10; yaklma, S101.1O; sweet potatoes. 2Wo per pound. .,,.. ONIONS Oregon, buying price, 11.23 o. b. shipping point. SACK VEGETABLES Carrots, S1.23 per sack: beets, $1.23 per sack; parsnips, Il.s per sack. Dairy and Conn try rroducc. Local Jobbing quotatlona: EGGS Fresh Oregon ranch, esse conn'. Sic: candled. s:!T35c: storage, 25r2C- POULTRY Hens, Inrue. 15c: mixed, 14c. broilers. 17 1-c; turkeys, dressed 2i)c. live. 17c: ducks. 12Hlc: geese. lllf- BUTTER Creamery, prints, extrss, -c per pound In case lots: io more In less than case lots; cubes, 27 20c. CHSriSE Oregon triplets. Jobber buying price. 1.VS per pound, f. o. b dock, Portland, Young Americas, lite per pound. VEAL Fancy, 72SC per pound. POUK Block. Hc per pound. Staple Groceries. Local Jobbing quotations: - PALMOX Columbia River one -;pouna ta'ls 12.30 per doien: half-pound flats, L5o"; one-pound flats, 2.il: Alaska pink. on;-piund tails, ll.O'i. IIOXET Choice. $1.25 per ease, i NUTS Walnuts. 15u24c per pound . Bra n mita l."Vc: filberts, 15s24c: almonds, -i 24c; peanuts. Sc cocoanuta, IlO per dosen: pecans. 19S 20c; chestnuts, 12ttloc. BEANS small woiv., t 3 15c; Lima, 6ic; pink, c; Mexican. Ho; COFFEE Roasted. In drums. lm?33c. SUGAR Frnlt and berry. $3.75; beet, 13.55; extra C, 3.25; powdered. In barrels, "sLT Granulated. $15.50 per ton; half ground. 100s. $10.75 per ton; 50s. $U.o0 per .ou.liebead. 6VHc; broken. PrPu.n.i...- .,.. a. onnd: anrtcots. 13615c: peaches. 8c: prunes. Ital ians. 8vj9c: raisins, iow.e J 1 era i a ii. iv iwt . - box; currants, P12c- slope, Wool, Hides, Ete. HOPS 181 crop, 1013c; 1913 crop. nominal. . ...... v-ii. HIDES Salted niaes. Jic; . 10c: salted calf. 18c: salted kip. 14c: green hides. 12-Ac: green bulls. 8Hc: green calf ISc; green kip. 14c; dry bides, 25c; dry calf "7c wobkvalley. 1T1Sc: Eastern Oregon. 15i -0c nominal. MOHAIR 114 clip. ITHc per P""- CA8CARA BARK Old and new, 44w0 per pound. , PELTS Long wool dry pelts, lie; short wool dry pelts. 8c: dry sheep shearing 10 615c each; salt sheep shearings 15 J-5c each: dry goat skins, long hair. 12ei2J4c. . . v . ia'W. each: salted sheep pelts, November. 73a 90o each. Provisions. HAMS Ten to 12 pounds. lS19c; 11 to IS pounds. lSSlc; picnic, JSC BACON Fancy. 27W2Dc; standard, 239 4pBT SALT CURED Short clear backs, ISfilrtc: exports. 1413c: pates. 1113. LARD Tierce basis; Pure, 12W12KC, compound, 6VzC Oils. ..-. Ti.,A. viiii. Hrnm. harrels or tank wsgons. 10c: special drums or bar rels. 134t; cases, 1 1 v -v - v. GASOLINE Bulk. 13c: cases. 20c; engine distillate, drums. 7fec: cases, I4ttc; naptha, drums. 12c: canes. 19c. . ... LINSEED OIL Raw. barrels. 61c; raw, esses. 6c: boiled, barrels, 63c: boiled, cases. CSc. i-opcvtiss In tanks. 60c: In cases. 7c; 10-case lot ic less. CoTf re Fntares, atu. fi TH Atrr. market N KW luniv. 1 - ; showed renewed firmness today, owing to idvances in .'". V h.I f an improving spot demsnd. a further de mand from Wall-street sources and moderats oulng by trade Interests. Some of the ,.w .Mlm ,nnTi-llnDl .DlMtArM tO nOUSeS wim i v. . r, - nave a few selling orders, but offerings were generally ngn' " "i;-. -,nc. of two to four -points, the market for 'utures closed at a net gain of from 11 to IB points. sales. 3S.7.-0 bags. January. 1 41c- Februarv. .40c; March. .38c; April. Jmc" Mav .75c: June. S.65c: July. 7.5c; August 77c: September, 7.T4c; October, folc- November. .S7c: December. T.DSc. 'stt. firm: Rio. No. 7. 7Hc; Santos, No. I ate Rio. 50 reis higher at 475: San 1 bigher. at 4-SOO. Klo exchange l-16d stgher, at l3-3-d. Xew York Wool Strong. NEW YORK. Jan. S. Wool markets Were strong todsy. Fine wools were rising here. Cotton goous were steady and moderately active. " Dulata UsieM Market. piTXTH, Minn-, Jan, S. Unseed Cash. 11.741.. lX. U.l4. Marked Increase of Activity Is Re ported in Iron and Steel Indus try Xew Financing Is Readily Absorbed. NEW YORK. Jan. 8. On a fairly large volume of business today's stock market continued to move forward, although gains were mainly In the speculative issues. Tak ing the session's high range as a basis of reckoning, leading stocks, with few excep tions, were within two or three points of the top level attained early in uecemuer when trading In the full list was renewed. In the final hour, however, much of the early advantage was lost on realising for pronts. Couoers recorded more or less material gains on an advance In the domestic price of the metal and a keener European aemaua. Miscellaneous shares in the Industrial, util ity and motor groups rose from one to al most three Dolnta. Other interesting features of the day were a new high price for May wheat and record breaking exports of that cereal, further slight recessions in exenange on t,oiiuon, .ranter mm of time money and advices from leading Industrial centers which reported a marked increase of activity, particularly in steel and Iron. The increasing Importance of this country as a financial center was seen in tne rouuj absorptlo nof several new undertakings. Bsnkers announced the sale of all the New York Central notes recently offered, the $15. OOO.DOO three-veiir Argentine loans placed last week were selling at a premium and a moderate loan to British Columbia was placed at attractive rates. It was under stood also that a part of the $50,000,000 French treasury notes ottered in wnuoo wotilH bo taken bv our bankers. Our shares were firmer In London, where some Investment Inquiry was snown. The bond market pursued a more even course than stocks, most issues displaying underlying strength. Total sales, par value, aggregated $2,567,000. United States Govern ment bbnds were unchanged on call. ' CLOSINQ STOCK QUOTATIONS. Closing - Sales. High. -Low. Bid. Alaska Gold .. 7,000 274 20 26 Vs Amal Copper .. 13,100 65Vi 54-Ti 04 Am Beet tSufrar. 7,800 351, 3314 4 American Can... 14.100 30 "4 29?, 29 ft Am Smel Ref 1.200 BO 69 59 do preferred 9 Vi Am Sugar Ref. 300 104 108 103 Am Tel & Tel.. 1.100 119 11SS4 Jlf'A Am Tobacco ,. Anaconda Min.. 1.600 26 26 2b Atchison 1.900 94 4 94 Bait & Ohio... 2.100 69 6814 68 Brook R Tran. 1,500 83 85 85 Cal Petroleum... 200 16 16 16 Canadian Pacific 500 156 -55 155 Central Leather 300 S9V4 38 38 Ches & Ohio 41 Chi Gt Wast .. 400 10 10 10 C. M A St Paul 1.30O 87 87 87 Chicago & N W 2U0 125 125 124 Chino Copper ' Col Fuel & Iron 400 25 24 2 Col ft Southern. D & R Grande 4 do preferred " Distillers' Secur 400 10 10 10 Erie , 2,400 22 22 22 General Elec .. 500 142 141 142 Gt North pf ... 2.000 114 113 113 Gt North Ore .. 1.800 28 27 27 Guggenheim Ex 45 Illinois Central 10 lnterbor Met pf 1.500 50 60 50 Inspiration Cop Inter Harvester.,,..1 96 K C Southern .. 500 22 21 22 Lehigh Valley .. 1.300 134 133 182 Louis & Nash.. 600 115 . 113 115 Mex Petroleum. Ji Miami Copper .. 200 17 1.. 1 Mo. Kan & Tex 500. 8 8 8 MO Pnciflc 0.700 7 6 6 Nat Biscuit ... 200 121 121 120 National Lead Nevada Copper. 400 1 2 12 12 N Y Central ... 1.700 87 88 86 N Y. N H & H. 1.400 54 52 53 Norfolk & West 800 101 101 100 Northern Pac .. 1.700 101 10O 100 Pacific Mall ... 200 20 20 1S Pao Tel & Tel. 200 2T 17 S5 Pennsylvania ... 8.400 10 104 104 Pullman Pal Car 1" Ray Con Copper 000 16 1 18 Reining ....... 10.200 147 146 146 Republic 1 4k S. 300 20 20 20 Rock Island Co. 200 do preferred.. 200 1 1 1 e.Y jcsTrQnf 2 Southern Pacific 2.00 84 83 84 Southern Ry . . . 1.400 33 32 82 Texas Company. 1.300 135 135 134 Union Pacmc .. a,.ou no aiot. do preferred.. 500 80 79 80 TJ S Steel 15,400 51 51 51 do preferred.. 200 106 10 106 Utah Copper ... 400 50 411 49 Wabash rf 0 1 1 1 Wostem Union.. 2.200 60 59 58 Westing Elec .. 2.400 71 71 V Total sales lor tne aay, vo,wv n BONDS. U S Ref 2s. reg.' 97 !N Y C G 8'is... 80 iln roimon 97 'Nor Pac 3s 62 U S 3s. reg 100! do 4s 89 do coupon. ... iuua i nion r-w t. U 8 N 4s. reg.. 109 Wis Cent 4s 91 do coupon .... 109) Money, Exchange, Ete. NEW YORK, Jan. &. -Mercantile paper, S4 per cent. ,..... sterling exenange. iwuj. Dl.Lf-u.j $4 8125; for cables, $4.8425; for demand, $4.8375. Bar silver, sac Mexican dollars. 87 c. t flovernment bonds, steady; railroad bonds. flITlme loans, eas!er;'60 and 90 days, 8 per cent: six months, 34 per cent. low. "A ruling r,c, ni - closing bid, 2; offered at 2. LONDON. Jan. S. Bar silver, !18-16d per ounce. Money. 1 per cent. -' . i . , v... vllt. 4 K.I A ner rtaLe ui mw;uuu, " -- r cent; three monthr bills, 2 per cent. c . v ttt? a vrTHrw Jan. 8. Silver bars 4a Drafts Sight, lc; telegraph. 5c. I Sterling exchange Demand, $4.81; ca ble, $4.84. QUICK BELIEF IS PROMISED SOUTH Advance In Cotton Prices of Benefit to Wide Territory. NEW YORK. Jan. 8. Dun's weekly re view of trade will say tomorrow: Several developments highly significant ot the improving tendency In business have at tended the opening of the new year. The advance in cotton gives promise oi ultimate relief to the South and the sales of futures are distributing over a series oi months, by the natural processes of tne ex changes, the burden of carrying JfJ" crop under war conditions. Over J0.O0" bales of cotton have' been exported in the last four weeks and It Is announced that large lines of German credit have been placed in New York banks to Bnance cotton ship ments to Germany. . a CQ1 Bank clearings for the week were $-1' 345.350. a decrease of 23.6 per nt from last year. Wheat exports were 8. '" bushels, as against 5.475 190 bushel. year ago. Failures In the United States were 692. against 422 last year. In Canada .3. against 51 last year. SAN FRANCISCO PRODUCE MARKET Price. Quoted at the Bay City oa Fruits. Vegetable. Kbr, SAN FRANCISCO. Jan. 8. , Lemons-Fancy. $2.23 2.50; choice. VwaiSn" standards. $1.50 1.73; b""' $1.503.00; pineapples, Hawaiian. 4f 5e per Dound- apples California stock. Wlnesaps, 65 75c: Belief leur (cold torage). 50.oc; t0VegePbucmbers. 2.502.75; beans, eifc; Peppers. tomes JoVc Eggs Fancy ranch, 27c; pullets, -oc, storage. 31c. Onions Yellow, $1. ,,,,.. .w Cheese Young America, 12 13c; new, 1012c: Oregon. 14c; Young America, 1(Butter Ftancy creamery, ,24c; seconds, 24potatoes Delta Burbanks, per sack $110 1.15; sweets, $1.651.T5 per sack; j?''nas Burbanks. $1.5O1.70; Oregon Burbanks, $1 15 1.S0; Oregon American Wonders, i.ov 4(1.60; Idaho. $11.25. v.rf. Receipts Flour. 3364 quarters; barley. 92.900 centals; potatoes, 5603 sacks; haj, 400j tons. I RECEIPTS ABE LARGE AX D MAR KET IX GOOD SHAPE. Twenty Loads Are Received DnrlnB - Day Beat Oflerinsa Bring .7.15 and 70. The market was well stocked .with hogs yesterday. 20 carloads reaching the local yards, but there was an active demand throughout the day and prlcea were in good hOne load of extra fc?,0-st"th,1Dufk $7.20 and three loads at $7.1o. but the bulk of the sales were at $7.10. ,,i,.j Trading In the cattle division was limited and prices were unchanged. Sheep continued firm, a load of yearling wethers selling at 'Receipts were 118 cattle and 2171 nogs. Shippers were: , , ., With cattle C. R. Emerson. Ontario, 1 car: F. B. BalL Ontario, S cars. With hogs Will Block. Monmouth. 1 car. T. Kopplin, Plalnvlew. 1 car: F. B Decker Lebanon, 1 car: D. J. Donnelly. Wete 2 cars; Lydston Applegate. Reiser. 1 car. Harry Coon. Welser. 1 car; J. A. Hlnkey, Bake?. 1 car; Spaulding Dacghn ; Baker, 1 car: P. A. Phillips. Baker. 8 car . F. M. Igrande 1 car: C E. Hutchinson. North tiranae. x t-"-v- t.k.. North SIS car: A- W. Petus. Nonh Powder, 1 car; F. B. Ball. Ontario. 3 cars; M. Hoctor, Goldendale. 1 car ".,! With mixed load F. E. Graham, Elgin, 1 car cattle and hogs. The day. 'prYcY " tonov': wt.Pnce. 16 hogs 124 JI0 2 hogs.... 1887.10 n?hoS::: is? 7.101107 hog 200 7.05 lohoii 115 6.501 10 hogs 270 6.0o Ihol ..I 90 6.001 S! hogs.... 200 7.00 2 hols ! 35 6.051 15 hogs.... 130 6.50 5' hogs.. 105 7.051104 hogs 176 7.10 Show .: 127 6.501 2 hogs.... 5hogs... 290 6.10 SOhogs.... 2,8 7.J0 S?S.S- i W:v 104l 2: .i?SoS;: U id ?cow,.... 1055 5.50 11? hogs . 2O0 7:i5 94 hogs.... M0 7.15 li.inog... j , , h . S43 g.55 sSnoS:::- ij oiioshog..... is- t. 25 hogs... 117 6.501- Current prices of the varlou. classes of stock at the yards follow: Prime steers asnS-'ee Choice steers i ltiito Choice cow. S-SS2.S ?.e,v!7 s.o.oo ftag". , 4,6o.oo Tlil,0!"" 8.POWT.10 wfthe"" - S.SBtJS.50 Wether. , 4.255.50 gamV." J $.2587.5. Omaha Livestock Market. SOUTH OMAHA, Jan. 8. Hogs.-Re-celpu 7500. market lower. Heavy $6,909 7.00; light, J6.75W6.95: pigs, $5.j06.5O, bulk of sales, $6.9066.95. ,,., Cattle Receipts 600. market steady. Na tive steers. $7.00 9.O0; cows and heifers 5.507.50: Western steers, $6.00 S. 40. Texas steers $3.80 7.30; cows and heifers, $5.257.25: calves, $7.258.75. Sheep Receipts 8700. .market set lve. Yearling $8.SO(7.e'J; wethers, $6.006.6j, lambs. $7.75 8.73. - Chicago Livestock Market. CHICAGO, Jan. 8. Hogs Receipts 50. 000. market dull, 15c "nder yesterdays average. Bulk, $6.90g7.10: HfhJ 9 7.10: mixed. $6.807.15: heavy. $8 757.io; rough, $6.756.90: pigs. $5.25 1.10. Cattle Receipts 2000, market strong. Na tive steers, $5.659.70; Western. $4.90 3 60: cows and heifers, $2.9088.00; calves, $7.75rl0.50. Sheep Receipts 10.000 market strong. Sheep $5.80a.80; yearlings, $6.907.9O; iambs. $6.90 g 9.00. ' Hops at New York. NEW YORK. Jan. 8. Hops Easy. UP ON WAR BUYING Chicago Prices Gain 31-8 Cents Amid Excitement. MARGINS ARE DOUBLED Wheat Demand Increased With Be lief That Italy Is on Verge of Active Hostilities Week's Kx ports Are Record. CHICAGO, Jan. S. War buying of wheat broadened out to such an extent today that to guard against the market running wild brokers Anally refused to take trades unless margins were doubled. In the excltament near the close May wheat sold at $1.41 a bushel, an advance of 31s cents from the summit oX the day before. The market Bnished unsettled cents to SA cents above last night. Corn gained i cent to cent net and oats cent to H cent The outcome for provisions was ir regular, varying from-7li cents decline to an upturn of 5 cents. Ifeiief that Italy was on the verge of active hostilities on a olg scale made the wheat market tjulver with Incessant demand, not only from simulators, but from' export er, and millers as well. Reactions of 1 cent In the price of wheat were frequent, but each time the ensuing rally proved more than un offset, especially after the receipt of advices that the Liverpool market was excited and that the heaviest purchasing at the American seaboard today was for Brit ish account. Exports from North America for the week were the largest on record 10.365,000 bushels. Corn and oats could not resist the lifting power of wheat. vPnVi.ioTi. trA imblected to contrary mv nwinv on 1 1- one hand, to big re- celpts'of hogs and on the other to the bulge In grain. Futures ranged as follow.: WHEAT. Open. High. . 1.89 1.41 . 1.25 V, 1X1 corn: . .16 .77 . .10. -11 OATS. . .56 '4 -58 . .58 -54 PORK. .19.32 19.45 TJay July May July May July Low. 1.S8 1.25 .7814 .7614 .56 .53 Close 1.40 1.26 .77 VI .77 it .56 .54 May Lard- Jan. May 19.32 19.40 LARD. . . 10.52 10.67 ..10.83 10.97 SPARE RIBS. 10.52 10.82 10.87 10.97 10.03 10.45 10.37 . $1.871.30Vs 71c; No. 8 yellow, No. Jan May 10.42 10.50 Cash prices were: Wheat No. 2 red, hard. $1.S7 1.3914. Corn No. 2 yellow, 707OHc. Rye No. 2, $1.14. Barley 66 79c. Timothy $6.00 7.50. . to -.nlKflO Primary receipts Wheat. 993,000 bujhels. versus Col.000 bushels.. Corn. l.".0 bsli At. v.r.iiH S31.O0O bushels. Oats. 557,000 h.,ei.ai. tj.T-atiM 536.000 bushels. Shipments Wheat, 1.466,000 bushels, ver sus 307.OO0 bushels. Corcv 942.00O bushels, versus 753,000 bushels. Oats, 6S9.000 bush els, versus 683,000 bushels. Clearances Wheat, 1,155.000 bushels. Corn 151,000 bushels. Oats, 48,000 bushels. Flour, 107.WU Darrein. European Grain Markets. LONDON. Jan. 8. Cargoes on passage strong. LIVERPOOL, Jan. 8. Corn January, 7s 2d; February, 7S u. Wheat Spot, 2d to 3d higher. Futures, nominal. BUENOS AYRES, Jan. 8. Wheat Ss 8d lower. Corn Is 4d lower. Oats Unchanged. Minneapolis Grain Market. MINNEAPOLIS. Jan. 8. Wheat May, $1.36 asked: July. $1.36 bid- No. 1 hard, SlioM.: No. 1 Northern, $1.34 1.3; No. 2 Northern. $1.31 1.87. Barley 6uawfac. Flak $1.74 Vi 1.77. Wheat TJp at Kansas City. KANSAS CITY, Mo.. Jan. 8. Wheat closed here today at even $1.84, making a new high record for May delivery and showing an Increase of more than 3 cents over yesterday s close. Omaha Grain Markets. OMAHA. Jan. 8. Cash wheat, 3Vs to 4Vio higher. Corn, lc higher. Oats, 1 to 2c higher. San Francisco Grain Market. . -n.T . vnioiin Ton fi Snnt n 11 Ota - BAJ E XVAi-.V-l-v., ...... . r- - . Hons: Walla Walla, $2.202.2.-: red Rus sian. $2.1714 2.2Jli : -J uraey rea, 2.30; bluestem. $2.30 2.o; feed barley, , -4T1. whl . nil R 11 .1IU1.1HI Dr.ii. t-yak-nt 50- middlings. $3132; shorts, $30 CalI Board Wheat firm. Barley firm. . . , .if 1 r.n aslinll. MaV. iSrWw?. llS VldT L48 asked! Ptiget Sound Grain Markets. SEATTLE. Jan. 8- Wheat Bluestem. 1 . ' j . , I r. . ,-,,.1 .1 .1 .jo- $L.40; TurKey row, , club. $1.3S; fife. $-1.35; red Russian, $1.30. liftriey o.v per .vu. Yesterday's car recejpts Wheat, 19; oats, 3: barley. 4; hay, 6: flour. 5. TACOM. Jan. 8. Wheat Bluestem, $1 42- fortyfold. $1.41: club. $1.40; life. $1.39. Yesterday's car receipts Wheat, 16; bar ley, 5; hay. 3. Naval Store.. SAVANNAH, Ga.. Jan. 8. Turpentine, firm 43c: sales. 207 barrels; receipts, In LADD & TILTONT BANK Eatabllakad 18S. Capital and Surplus S2.O00.00 0 Commercial and Savinsr Deposits t PORTLAND GRAIN TRADE ESTABLISHES PRICES FOR ENTIRE PACIFIC NORTHWEST. 4 jj l r"" ' At J I 4 barrels: shipments, 1S9 barrels; stocks, 85, 769 barrels. . , , Rosin, firm: sales. 904 barrels; receipts. 895 barrels; shipments, S41 barrels: stocks, 144.76.-. barrels. Quote: A, B, $3.10: C. V. S3.171.: E. $3.20; F, $S.203.30; G. 8.-? 3.30: H. $3.30; I. $3.50; K. $a.85; M, 4.; N, $5.35; WG. $5.65; WW, $5.J. WOOL ACTIVE. CONSIDKRING STOCK Tendency on Medlnm to Coarse Grade. Is Higlier. BOSTON, Jan. 8. The Commercial Bulle tin will say tomorrow: The wool market has been fairly active this week, considering stocks available. Prices are very firm with the tendency higher on medium to coarse wools, whiie fine wool, have not shown any weakening tendency under the embargo announcement. There have been considerable quantities of South American wool to arrive this week, sold at somewhat higher rates. The rep.irti from South America are to the effect that suitable wools for this market are prac tically exhausted and prices are extremely higher. Scoured basis: Texas Fine 12 months. 56if 5Sc; fine 8 months, 53f55c. California Northern, 54(&5."c; Middle County, 5152c; Southern, 48'tf50c, Oregon Eastern No. 1 staple. 62 64c: Eastern clothing, 5S4fOc; valley. No. 1, 60W 52c. Territory Fine staple, 636.V: fine medium staple. 60&'6-'c; fine clothing, s 60c; fine medium clothing, B5e,57c; half blood, combing, 61'62c; three-elghtha-blood. combing, 55 Miotic Pulled Extras, 62iS5c; A A, 60662c; A, 5960c; A supers, 5759o. Top Price at St. Louis. ST. LOUIS, Jan. 8. Profits estimated at $10 0,000 were made by St. Louts grsin traders today who eoid for $1.36 their hold ings of May wheat. This price represented a rise of 51 cents since last July. The quo tation today was the highest since the Leiter corner of 1S9S. Cash wheat .old at $1.37, 4 cents higher than yesterday. Moat of the traders who realised on May wheat today made 10 cents a bushel, but some made as high as 20. New York Sugar Market. NEW YORK. Jan. 8. Raw sugar, firm. Molasses sugar. 3.34c; centrifugal, 4.11c. Re fined, steady. At noon sugar features were firm and from three to four points higher. Sales, 800 tons. Metal Markets. NEW YORK. Jan. 8. Copper closed strong. Late sales of electrolytic were re ported at 13 He and l:c Casting. 13.259 13,37c Lead Easy, 8.853.70c. Dried Fruit at New York. NEW YORK, Jan. 8. Evaporated apple, quiet. Prunes, more Inquiry. Peaches, steady. Chicago Dairy Produce. CHICAGO, Jail. 8. Butter, lower. Cream ery. 24 it 32c. , Ergs Receipts. WIS cases: market, un changed. Cotton Market., NEW YORK. Jan. 8. Spot cotton, quiet. Middling uplands. S.0O. Sales, 200 bales. LIVERPOOL. Jan. 8. Cotton closed un changed to !d up. PLAIN CONCRETE FAVORED Property Owners Willing to Pay Higher Price for Desired Paving. Property owners on East Fifty-el&hth street, between Lincoln and Division streets, do not share In the opinion of City Commissioner Dleck that asphaltlo concrets pavement Is better In quality than plain concrete paving. The prop erty owners are so strong in their belief that they caused the award yes terday of a contract for the paving of their street with concrete at a higher cost than the cost of asphaltic con crete would have been. The lowest bid for the work waa sub mitted by Giebisch & Jopltn, con tractors, for asphaltic concrete. The bid was $4046.31. The lowest bid for concrete was $4060.05. submitted by Cochran. Nutting & Co. On petition signed by owners of 72.6 per cent of the property on the street, the con tract was awarded for concrete pave ment over the recommendation of Com missioner Dieck that the contract go to the lowest bidder for asphaltic con crete. POLK CLOVER ISi PLANTED Seed Distributed Over Many Fields That Produced Grain Last Year. MONMOUTH, Or., Jan. 8. (Special.) With the seed of a comparatively light season now disposed of, clover-growers i tha .mithern sections of Polk County are planning for the 1915 crop. It has already been aeciaea mat grain imm. will be allowed to remain in their pres ent condition, while in the Spring a ..-.v. f ;iu.r will come through the stubble. Cloverseed has been distributed over many fields wmcn lasi year pro duced grain crops. A dry season, insects ana graiiopH . i . n sn M in have been the cause of the light yield last year. The acreage was larger man prcviuumj, growers say, but little profit was made. Efforts by new growers to succeed with the crop nave aoaieu. PROPERTY VALUE IS LARGE Washington Service Body Fixes Basis Tor Light and Power Rates. T wt . vr..v. Tan s 1 Knerlfil.l Washington properties of the Pacino Power & Ligni company m $4. "OD, OHO in findings issued by the Washington Public Service Commission. Eastern Washington cities ei j . . : ,..,;,n Inclndinsr North Yakima. Walla Walla, Pasco and Ken- newick, initiated some time ago action in an effort to secure lower powm . . v. v.l.i.tinn announced belnft rstco, mo - the result of more than a year s work to obtain a Dasis upon wmvu may be fixed. , 1 1 in ! flnrlifci state. that credit ha. been allowed the com pany for the value of it. water right., although Engineer F. & Burroughs, of the Commission, contended, in hi. valu ation testimony, that tha company waa not entitled to this credit. SCENE AT OOX SESSIOJf OF MERCHANTS' EXCHANGE. ,h Slr, SSJwSi cngen-dl he tll g"rafnbf7rmsf. STJS ZttZl&SSS? mersV in the exchange. tlefictnpT of rainfall 9ncm Sp'tmbr 1. 1W14, 5.H1I Inrhe. Ttal uitHiittif nont; pn slblo nunnhine. 8 hours ." mlnut. I rometer iruduced tt a level) A I. M., 50. a Inches. TUB WKATUKU. jg c Wind si? 3 S-a c- "3 m stations, i ss or ; Baker Hoise. Boston Calgary Phicaso Denver Des Moines . . . . Dultith hlureka ........ C.alveston Helena Jacksonville ... Kansas t'lly ... Iais Anveles ... llarshfleld Me.lrord Minneapolis ... Montreal New Orleans .. New York North Head ... North Yakima . Phoenix Por-atetlo Portland Rosebur. Sacramento St. Louis Salt Ukp San Francisco . Seattle Spokane Tnrnma Tntoosh Island Walla Walla .. Washing ton . . . Winnipvc; :itt u 4J C 41 II :n o. . 4'l. M l. s: ii. 1 t'ti 0 40 0 70 0 2 0 PS 0 4 J 44 . i'l 0 2s o ti 0 41 II 4 t ;ih o tin o 31 O 47 0 4il't. AilO 3-' 0 a-. Ail l 4H 0 4.;. 4s tl. 4N O Ml 0 45 O ia 11 St; jSnnw tl 14 Ort 4 CO 10 lio 4 Wi 4 '0 IS is v: .410 .S imi; 4 .!' 4 OOi 4 OS IS 4 Ml oo' tt (Mi 2i 1H1 4 .(111 is 7S '.'1 -I 4 ,Kl! 4 H) 10 7110 4.. 4 s U- on it Oil' 4 l4 14 70 10 on 4 To ri' fi -'! 4 ih' 4 On1. . lU.ln ii'lear ,rt. rioudr oir sir Clear Clear Nli Iflouily K 'Clear . v ciouily nf: ICIesr SK Clesr ?H Rain NW l't. cloudy W llmnlj rt t'lesr NW Clear N icii-sr NW'ciou.ly NV i't. rliMlllv N'Wl'l. cloudy W Jclesr SK Sn'W W Jltnlll S iKaln V 'Clear 4 ClnuilV SP; "I'liMiily N W Clear K. 'Inuilv Hff Clomty sw Icimidy w Kalu w N WEATHEK CONDITION". A depression of moiirrme enerfy Is ren trsl over ltrltlslt Columbia anil I lie barometer Is riiln raphliy or west-m Oretron anil Northern Cslllornla, A lar.e lilKli.pressnre area central out Trnii'-i'S-e controls the weather In the Atlantic Kial- and MMille West. Preclj'ttatlnM. mo.Ci In the foi-m of rain, has 'alien on the Psclfla Flops as fRr south ss L is Anselcs, The letn. peraturo changes sines yeslerduy have tu unimportant. The conditions sre fsvoraWe for unsettled westher In this district smur.luy v.lth ic rs.lntial rain In Western oreson and West- em Washington and with ruin tnrnln. to snow In the remainder of the district. II , will he roider Saturday In Knstern urr.on. Eastern Washington and Idaho. FOKECASTU. Portland and vicinity I'nsettled, picl. ablv occasional ruin; sotith.lerlv winds. Oregon and Washington Kaln west, rain turning to innv oust jmrllfm; coJtlcr east portion; siutthwe.terlv winds. Idaho Kaln turning to srow. eoldsr. v n v irn rn-f.-i r i --' Economical and Serviceable BITULITHIC As nearly perfect as any paving can be. TRAVIXF.KS' flllDK. FRENCH LINE Compagola 0ntral Trania(lantlqv. rOSTAL tKICK. Sailings for HAVRE ROCHAMBEAU Jan. 18, 3 P. LA T0URAINB Jan. 23, 3 P. NIAGARA Feb. 6, 3 P. ROCHAMBEAU Feb. 13. 3 P. FOR INFORMATION APPLY C. W. Stinger, SO 4Mb .t. I A. I. Charll too Morrison .1.) E. M. Tsj-r, C.J M. P. R.: Horsey B. Sniltli. 11 Hd s.l A. Shel.lnn, 100 ad st.t II. Klckson, 34. In sum st.t North Bank Itoad, 4ih and mi sls.1 F, 8. Mcrarland. .Id and ashlngi sts. K. B. Uufiy. It d S4-, rsrtlaad. M. M. M. SI. c If irk COOS BAY AND CDREKA S. S. ELDER SAILS KI NOAV. JAN. 10. A. M. AND KVKKY SIM1AV TIlKRKAlTKIt, NORTH PACIFIC bTKA-wSHlr CO. Ticket Offir. I Freight Office 1 A Sd hi. I Fool N.irthruii Kt. MAIN IS 14. A 1114. I Main tfltul A ii.i. Hop Acreage to Be Increase!. BUENA VISTA, Or, Jan.. 8. (Spe cial.) Hopgrrowers In the iiuena vista district have sold the 1914 crop at a fair flgrure. an" inventories oi equip ment for handling- future crops haa been made. HophouaesT will be re- 1 . I n anma IflRtsnMI. Thfl MCTP' UlUUClcu " -- age ha. Increased considerably during; the past two years, ana more yarns are occupy the river Dottom. uurms mo coming season. Farmers have used only gratn fields to advantage In grow ing hops. DAILY METEOROLOGICAL REPORT. PORTLAND. Jan. 8. Maximum tempera ture 47 decrees; minimum, 40.0 degrees. River readme;, 8 A.M., S. feet: cManne In last "4 liuurs, 0.3 foot rise. Total rainrall ( p il to i P. M.). .71 Inch: total rainfall sirco' September 1, 1BI4. 15.S1 Incnes: nor raal rainfall aince September 1, 21.23 laches; B. ft. BEAR KAIL I P. M.. JAN. 1U. SAN FRANCISCO LOS ANGELES The Baa FrsnHwo 4t Portland a. V fa.. Third mod Ha.hlB.too Ms. lltls O.-W. R. it '. Co.). Marshall aoo. A sl.'l. frn , ,- STEAMKR KKHVirR 4X5fT Ptesmcr IIARr.aT l IC" srtVjrrif lesves Ash-str.et Imck dally fyti- reiit Pslurosy, S V. M , "r As. ifS 1 tori. anJ war points. Keluinlns. II iFVJ' leaves Asturia Uai:y ecit Sun nay, 7 A. M. w Tickets mil reservations at O.-vv. n. r Cltjr TlcS.t Office. Third and Wa.l.lt'.t-" street?, or at Ash-sir-t Hoc 1'hon.s: Msrshsll 4S"0. A U1-1- COOS BAY LINE STEAMSHIP BHKAKVYATr.K Call, from Alnsworth dock, Portlanil. P. U sverv Tuesday Frelstu snd in act oftl.a. "Wr Alnsworth dock, P 4. B I. K L. H. K.atln.. Asent Ph'.n's Mr; . 2332 City Ticket uffice. so M.th iu O w SutT.eV. A.enc P.ione Msrsh.ll 4.-.Q0. A .1.1 AUSTRALIA TAHITI AND NKW RKAtAND. Re.ular throulth sslilu. for r Talilll and Wellington fr.im hsn rra-iclsc Feb. I. Mar. S. Mar. 31, and every J flaa Cnloa 8tranubl Cs. of ' Zealand, l td. Office 7I Msrkn Mrn. " or local X. a. nd R. U. agssssa. ARGENTINE Aad all Braslllaa Ports Frequent salitntrs trnm New v,,r. ,r nv and fssl I 12..VO-ton i passsnser ataniMra rrDAYaTo wo janktro - a DAYS TO BVFNTW ATRK. BUSK It DjUIIELS. bsa, Afts I Inasvsy. a. Uwrac B. dmlth Sd and tV.slllnetvB Sla Or LiM-al A.eota. IT