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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 15, 1915)
TIIE MORNING OREGONIAN, FRIDAY. JANUARY 1.", 1913.
CARGOES WORTH 60S
Highest Price in England in
WHEAT CABLES BULLISH
Ixx-al Mark't Responds "With Fnr-
tlirr Advances on Actual Sales.
Oats and Barley Also
Tnr Portland wheat cara-oes, steamers, half
and half. "s ta now available in the English
market. This I the highest wheat price
obtainable abroad In many years, lesler
da's LnndDii cables noted an advance of
to Jd in carvoes on passage.
The strong European demand la ateadily
hi . i- . .. i . uja -n,i vot
uiiiii ' " -
was due to reporta that the Pacific Coast
crop of 1914 had been completely soio out
This is not entirely true, but tnero is n
doubt that tha aurplus nere win e
v . .. . ra' ih. nr Krnn ia avalla
That stocks at all points in the Interior
are running low ia proved Dy tno nijnu
prices offered for wheat in country markets.
Tlit local market scored further gains yes
tertlar. Salee on tha exchange were aa
10.000 bushels February bluestem 1-45
lo.0ft' bushels Mar.:h bluesiem 1-
1O.O0H bushels March bluesiem 1.4;
s.ooo bushels prompt Kuseian , ,
1ns tons March oats 38.UO
February bluestem brought 3 cents over
W'ednesday'a top bid prlco and the two
aales for March delivery were at a cent
better than was paid tha preceding day.
Ths red wheat sold at an advance of 1 y
rents. Hid prices elsewhere in tha wheat
list ranged from unchanged to 3 cents over
The oats and barley markets continue
very firm because of the export demand.
Oais old 6t cents over the old prices and
ia.-y as up ;5 to ;0 cents. Montana
oats hse been sold to go East at a price
equal to 1-7 here.
No Immediate change in flonr pricea was
announced, but the market has an upward
tendency. Mill prices on bran and shorts
are firmly maintained. Rolled barley ad
vanced aiiotlier SO cents.
Loral receipts In cars were reported by
the Merciiunts Kxchangc as follows:
V i r az
tvi'son lo date.
Se'non lo tlnle.
Sc'soll to date.
;i, 14 4 3 IS
3; S 3
i-ik 17 isss lcr.i
UU!3 li 121 1'us
s ' 4 ..-!
703i . 400 3i Il4
-3 1; it i 15
JC-I.' 8JU 15S SC3 304a
OF FKESII FRUIT
I-laoa t Ue Worked Out at Seattle Conven
tion Nrt Week.
The offi.-ial call f-r the Fruitgrowers'
and Fruit Marketing Conference, to t-e held
at Seaitlo January 22 and 23. has been
The members of the by-products commit
tee will meet at S A. M. January for the
purpose of computing plans and outlining
the method of procedure at the crowers'
conference. The 10 delegated fruitgrowers
from each of the North Pacific fruit dis
tracts will incea In conference with the by
prjduns committee at 11 A.M. January 22.
This meeting will adjourn at noon and will
reconvene at l:lii. The heada of the prin
cipal marketing agencies will meet In con
ference with the by-products committee at
s A- M. Saturday. January (. Thle session
will continue until some definite result Is
secured. The new Seattle Chamber of Com
rnermce will tender a banquet to the visit
ing fruitgrowers, the heads of the market
ing organisations and the members of the
y-pr-iducts committee on Saturday evening,
January 23. The New Richmond Hotel has
teen named aa official headquarters and all
meetings will be held In the assembly rooms
at the hotel.
The purpose of all these meetings Is to
work out some simple, practical plan to aid
the fresh fruit marketing situation. No vis
ionary plans, that contemplate the entire
rebuilding of the present machinery, will get
ery far. The simpler the plsn and the less
detail Involved, the better the chance of
hop srrrLY oif coast is light
Less Tban S0.0O0 Balr Remain In Growers'
Unsold stocks of 1814 hops on the Pacific
Coast amount to 4S.405 bales, according to
tbulatlona Juat made by hop dealers.
Suppllea In Oregon growers" hands sre
placed at 11.200 bales. Washington .has
titt; bales, of which 4S2ti bales are Taklmas
and "SI balea are in the western part of the
atre. The California stock amounts to
l.?r3 bales, of which 2l.fi32 are Sacraruen
toa. 4w3 sonomae and 1M43 bales Mendo
cino. The market In Oregon is firm but not
active, but In California there baa been
more business doing recently. The Nevlns
at Dreseher crop of 700 balea at Wheatland
was sold at loi centa. Proctor bought
the Chlsholm lot of 4t balea at 10 cents
and Richardson bought 7 balea from Chls
holm st tile same price. Proctor pur
chased 44 balea of 1913s st 7 cents and
ltlchardson paid 7 1 cents for the Paxton
crop of 100 balea of 1913a.
Among the Oregon crops already aold and
Rot heretofore reported were the following:
McKay A Kamey. St. Paul. 10a bales;
Weeks a. TJavtdson. St. Paul. 4ti baTes:
llraves. McCoy. SO ba'es: Schuck. North
Yamhill. 34 bales: Marbltt. Eugene. 3s
bales, llrown. Independence. 45 bales 1014s
snd 44 ba'ca 1 '.!.'.: W. Smith, Mount AngeL
13i balea: Ambler. of Mount Angel.
73 balt-s: W. K. lAng. Salem. 07 balea;
fctcarns Bros.. Oakland. 17t bales.
IMPROVEMENT IN l-OTATO MARKET
With AdvaaH-e ai fast t'raoriare- Shipping
Movenieat llsw llcgun In bruall Way.
T;uh is some Improvement la the potato
n.irket this week. The shipping movement
s-xitnward has slsrted. but no great hopes
a held out. as only a small psrt of the
si.- k is of shipping quality. A few cars of
tM:;nks are going to California and for
t::,e buvcra are paying 5090 cents at East
S -ic p-'tnls. while ordinary stock Is bring
li c tig cents Portland. The San Fran
cmr market Is In better ah ape. aa the
S::nas are practically all gone, and ths
sill Irate an opening for a limited quantity
of Oregon. The American Wonder seed
movcmrul seems to be about over with.
The loval Jobbing trade la not brisk and
th.i market ia sufficiently supplied. Front
sirect price are unchanged.
E4.U PRICES ARE SLOWLY FALLING
Market l Weak With Receipts tiro wing
and shipping Outlet.
There is no shipping outlet for eggs and
er.lh receipts enlarging the market la slowly
reselling a lower level- Salea were made
yesterday at :.' cents, case count.
Poultry recelpta were liberal and the mar
ket was wesk, hens selitng st 13vl4 centa.
Pressed pork was very weak with 9 ceots
S3 the top. Veal was barely steady.
No changes were reported in tha butter
r cheese markets.
Bran Prices) Are Advancing.
White bears are stesdlly advancing In
price. There was a good crop on the Coast
this sesson and the quality was fine, but
the market Is being strengthened by the
upward movement of pricea in the East,
where lsrge exports to Europe have caused
Bananas Arrive Grera.
r cars of banairaa were received yes
terday In good green condition. A car of
Florida grapefruit also arrived. Oranges
continued to sell actively and there waa a
fair movement in the apple market.
Among the vegetable receipts waa a car
each of celery and lettuce, which were
quoted at unchanged prices Other veg
etables were in sufficient supply.
I- S. -tMlMva
Bans clearings of the Northwestern cities
yesieraay were as xouows:
Portland tl.GD.uJ.'i 141..0
Seattle 2.132.SOT 2Sj.1j3
Tacoma 2Tt,7; 40.I1S
Spokane 6o4,36S 104,114
PORTLAND MARKET QUOTATIONS
Grain, Floor, Fred, Etc.
Merchants Exchange, noon session.
Wheat Bid. Ask.
Bluestem 1.42 1.44
Forty-fold 1.43 '1.44
Club 1-41 l-t-'a
Red Russian 1.34 1.35
Red fife 1-37
No. 1 white feed 36.50 J6.i5
No. 1 feed 30.30 31.25
Bran 29- W
Shorts .. 29.
February bluestem 1.44 !i 1.4ii3
March bluestem 1.47 1.48
F"bruarv forty-fold 1.43 l.4
Ur.rrh fortv-f,ild 1.44 1.4
February club 1-43 1.44
February red Russian.
March red Russian....
February red fife ....
1.44 V 1.47
March red fife
February feed barley
March feed barley .
i-i i it ul-.it en is. lil.no a barrel: straights.
J: whole wheat. 10.S0; graham. b 0.
IILl-FEED Spot prices: Bran, S-s.50lp
per ton; shorts, 30.0O31; rolled bar
Icy, n3.50j 34.50. ...
CORN White, 136 per ton; cracked, Joi
per ton. .
11 AY Eastern Oregon timothy, lu
1.-...-.0: valley timothy. Il.ijil3.50; grain hay.
llO.OOtfll: alfalfa, 1313.50.
Fruits and Vegetables.
I.ocl jobbing quotations:
TROPICAL. FRUITS Oranges, navels,
11 702.20 per box; Japanese, per box, 90C4J)
11 : lemorrs. 33.0o per box: bananas,
4r4Sc per pound: grapefruit, 3.5W"4,
pineapples, 7c per pound; tangerlnea, 11. 00
per box. , ,
VEGETABLES Cucumbers, hothouse,
$1.7.". 'H 2 dozen; eggplant, 810c pound;
peppers. 12VW10C per pound; artichokes. So
4jH(ic per dozen: tomatoes. 11.70 per crato;
cabbage. 114&l'. c per pound: beans, 12 He
per pound; celery, S-'.OO per crate; cauli
flower 2.23 per crate; sprouts. 8c per
pound; head lettuce. JI.R092 per crate;
pumpkins. llc Pr pound; squash, liic
per puind. .
CHEKN FRUITS Apples. 70c 11.50 per
box- casabas. $1.00 per crato; pears, Sliji
I oo'- grrfpes. $:i..Vle:,.70 per barrel; cran
berries, $'.lll per barrel,
POTATOES Oregon. It per sack: Idaho,
$1 tt 1.10: Yakima. iOctj $-.10; sweet potatoes,
ONIONS Oregon, buying price, 11.- f. o.
b. shipping point.
S4.CK VEXSETABLES Carrots. 11.25 per
sack: beet j, 11.20 per sack; parsnips, fl.-o
Dairy and Country' Produce.
Ica1 jobbing quotations:
ptji;S Fresh Oregon ranch, case count.
2l !:: candled. I'OsjUlc: storage, 2020c.
POULTRY Hens, large, 1314c: mixed,
13c: broilers. lS620c; turkeys, dressed, lc:
live. Isc: ducks. 12H15e: geese, llffliao
OL1 ir,n vir'"i v - .
per pound In case lots: VjC more in loss
than case lots; cubes, 20c.
CHEESE Oregon triplets. Jobbers buying
price. 10c per pound, f. o. b. dock, Portland:
Young Americas, l!o per pound.
VEAL, Fancy, 12 He per pound.
PORK Block, 0c per pound.
laical jobbing quotations:
SALMON Columbia River one - pound
tails 12.30 per dozen; half-pound flats,
ll.oo": one-pound flats, $2.00; Alaska pink,
one-pnind tails, $1.0."..
HONEY Choice, $.'1.25 per case.
M m Walnuts, 1024c per pound: Bra
zll nuts, 10c; filberts, 10S24c; almouds, 2J
. ... .... ... ,i, t St no nor
4J 24c- peanuts. - - v ..
dozen: pecans, IB 20c: chestnuts. 12HV:
BEANS Small white. 5.75c: large white.
5.60c: Lima. tvc; P"k. -i0c; Mexican, fiio;
bayou. 6.35c ,.,-
COFFEh. Koasieu. m ui u...o.
SlUAK rruil uuo ----
ir. or.- extra C 13.25; powdered. In barrels.
0. .... ...ir
SALT Granuiaiea. ij.u p.-.
ground. 100s. 110.75 per ton; 50s, $11.50 per
ton: dairy. 14 per ton.
RICB Southern head, 68Hc; broken,
4c per pound.
" t ...... 1 T 1 A nnln. T1PT I'KI 11 11 (1 .
ukim; rmnifi .ni.H"'. r - - r ---- -
apricots. l:lj 15c: peaches, sc: prunes. Ital-
. r . .... i Kn..,lfllg Mcl lin -
lans. tic; raini. .
bleached Sultanas. 714c: seeded. Se; dates
i.. 747Ue ner oound: fard, $1.40 per
box; currants, P&e.
Hops, Wool, Hides, Etc.
hops l'JH crop. 1012Hc; 1013 crop.
nominal. ... w..ii
HIDES Salted niaes. itc; Baury uu..-.
10c: salted can. ioc; fhi iv.k. - o ;
hides, 12Hc; green bulls, 8Hc: green cat.
hi. iip. Hrv hides. 25c: ary
Cawob Valley. 17IJ1SC; Eastern Oregon,
1031 2c, nominal. -
MOHAIR 1014 Clip, ii c P"r
i'ascaRA BARK Old and new, 44Hc
P'pFLTsi-Long wool dry pelts. 11c: short
wool dry pelts. Sc; dry sheep shearings. JO
ti l.-.c each; salt sheep shearings. ltS-oc
each; dry goat skins, long hair. 1212Hc.
dry goat shearings. 10W20C each; salted
sheep pelts, November. 7.-.4fOOc each.
HAMS Standard. 17Hc: fancy. 18Hc;
picnic. 11 He. j n1fl.
BACON Fancy. 2742Sc: standard. 23ffl
''put SALT CUP.KD Short clear backs.
-"Tier.-": Pure. 12S12Hc:
compounl, 6 Sc.
... ... Kan-Ala
KKKOSicK v aier
or tank l.-onl. loc: special druma or bar-
.;"..r.tvs:Bi-lk. i::c; cases. 20c: engine
distillate, drums. 7Hc: cases, 14Hc: naptha.
drums. 12c; cases. 10-.
l.INSEKD Oil. Kl. onrrci. wc.
cass. 72c; boiled, barrels, av, uu..c,
cases, 74c. ,
Tt'RPENTINE in lanas. im..
7c: 10-case lots, 1c less.
SAN FRANCISCO PRODUCE MARKETS
Prices Current In Bay City Fruits, Vege-
civ vntNClSCO. Jan. 14. Butter Fan
cy creamery. 28c; seconds. 25c.
,cit t aucy ran. n. .wsc. ku.ic. -. i -
vw. luil3V,c: Young Americas,
l"u. alloc- Oregon, 14 He.
vVcetubles B-ll peppers. 8511c; do Chile.
35c; string beans, 10 15c: wax. 5a7c;
l.im.!. lotil2Hc: notnouse cuciimucra, eu
41 J. 75.
Onions Yellow, POc.
Fruit Lemons, tancy, ..-.ni-ii: camt
$17.". u 3; standard. ll.3Uffl.75; bananas.
Hawaiian. $I20(1.70; pineapples, do, $1.50
Californ::i apples. Newton Pippins.
.Hc: rclli leurs. ..u w -"
ll..'i. Newtowu Pippin. $ll.a5; W ine-
aaps. l1..o. e..,a.
UltsVltJai OUrDIUsVs, 0saVt.UsJ.aaa - S
-i. .. i tii.i 1 flrfcnn Lt.iat I TS:
.j.a.- 4, 1 iirvt-nn imHnn Won-
6S.."kS- centi; potaioea, sacks; hy.
ie. lunix, ". it- us
thcr dec! in ia the maiKet for to flee futures
Here lOUy unurr utun uiiuD 4ci.iuK uu
some KcatierinK liquidation, which may hav9
ten Inspired by the continued heavy Brazil
fan receipts. The market opened at a net
decline of . ta 3 points and ciosed at a net
Iocs of 4 to 7 points for the day, tales,
0 -it b.tgs. Junujry. B-lJ-c; February.
.23c; Marco, 6,:.3c; April. tf.4c; May. 6.51c;
June. .4:; July, 7.S4C: August, 7-4Uc; 6ep-
i - X1.. nAt,Kar ? . Vn--dmrui-
7.61c; December, 7.tck
ppot steaaj. niu. i , 43at.ui.uo.
rt 4 ac. Rio To re is lower at 4-1 Do.
iO UL'UstBBt: uu i.iiuuu uuvutuihou.
Fnururo Iloor Advances.
PAX FRANCISCO. Jan. 14. Flour, mill-
sturt. beaim and barley ail recorded aub-
staaUal nam here too ay.
An advance of 40 cents per barrel for
(lour, affecting householders of all General
California, was marked up today by one
Beans are up -n cenrs cental, bras,
shorts and middlings '- a toa aad cash
barley Itf.cent a cental. .
NEW YORK, Jan. 14. Lead, 1.WCS.7;.
Copper quiet. Hieclroiytic, Htfi 4l.7c;
STOCKS CLOSE FIRM
Baltimore & Ohio Carries En
tire List Upward.
DIVIDEND CUT MODERATE
Street Expected Drastic Action by
Directors of Road Xews of
Day 13 Ffevorable Issues
to Be Offered.
NEW YORK, Jan. 14. The tone of today's
stock market ranged from irregular to firm,
witli a total output of moderate proportions.
Representative snares rose and fell alter
nately, the only notable exception being
Baltimore & Ohio common and preferred
and New York Central, whi6h rose from 1 to
over 2 points.
Coppers. American smelting ana a lew
less active specialties, such as People's Gas,
American Tobacco and United States Rubber,
advanced a point or more on small dealings
andmotor atocks were In evidence at higher
The onlv real activity of the session oc
curred In the final hour, at which time the
directors af the Baltimore at Ohio Ban
road were deliberating on the common div
idend. Pflars nf a drastic cut caused a sud
den slump In that stock, as well as the
balance of the speculative list. When Just
before the close it became Known mai me
semi-annual dividend had been reduced
only half of 1 per cent to la per cent,
the entire market recovered.
other news of the day included a new
high price for May wheat, with an unusually
urgent export demand; completion of the
financing attending the St. Paul bond lsue
and the new Russian loan, Dotn oi which
are to be offered pubricly In the near future.
CLOSING STOCK QUOTATIONS.
Sales. High. Low. Bid.
Alaska Gold ... 3,'.oi Hi i'S'4 is
Amal Copper .. 7.20 5ri s 5?
Am Beet Sugar. 1..100 .t.-
American Can .. tlOO 2m 29 2s
Am Smel & Ret 1,100 1'.4 K'K W-i
do preferred ll
Am Sugar Ref. 100 106" 106 NUi
Am Tel & Tel HSs
American 1 i! 22: -'-2
Anaconda Mill.. - -
Atchison 1,1'W IMVs WJ.
Bait & Ohio .. IT.". 71 686. 71 'i
Brook R Tran.. '-'OO S S" ' .
Canadian Pac... 1.S0O 159 l!SVk 1S1
central Leather 400 35 85 3ois
dies & Ohio
Chi Gt Western i'00 10?i 10 10
I.'. M & St Paul 8i
Chicago & N W
Chlno Copper .. 3,500 33 337 ?
Co! Fuel & Jron 200 24 -i'A 24
Col & Southern 24
D & R Grande
do preferred 7
Distillers Securi 11
Erie 2,100 22 81
Gen Electric 14.!?.
Gt Northern Pf. 400 114
Gt Northern Ore 300 27 274 2;;!
Guggenheim Ex s.a
Illinois Central 106
Interoor Met pf J
Inspiration Cop 1.300 19 IS. 1U
Inter Harvester 9:1
K C Southern n
Lehigh Valley.... 1.000 134 133 ':!
Louis t: Nash..l 115
Mex Petroleum. 400 51 51 5V
Miami Copper. !
Mo, Kan & Tex f.00 9 9 9
Mo Paciflc 200 6 6?i 6
Nat Biscuit .. 200 123 123 121
National Lead.. 300 4 40 46
Nevada Copper. 200 1 2 12 12
N Y Central ... 3,600 Srt SS S8
N Y, N H & H. 500 54 54 53
Norfolk & "West 101
Northern Pac .. 800 102 102 102
Pacific Mail 20
Pac Tel & Tel 27
Pennsylvania ... 1,000 105 105 105
Pull Pal Car 153
Ray Con Copper 900 16 16 1
Reading 700 147
Republic I & a ilii'l 20. 20 20
Rock Island Co 200
do preferred 1
St L & S F 2 pf 2
Southern Pac .. 1.100 85 84 85
Southern Ry ... 1.000 15 15 15
Tenn Copper .. 1.400 31 31 31.
Texas Company 133
Union Pacific .. 3.100 119 118 118S
do preferred.. 200 80 80 SOU
D S Steel ,00 51 51 '4 51
do preferred.. 200 107 107 107
Utah Copper .. 300 51 51 51
Wabash pf 1
Western Union. 4.200 60 59 60
Westing Elec 72
Total sales for the day. 121,300 shares.
U S ref 2s. reg. 97 U S Old 4s, reg.109
do coupon 97 IN Y C G 3s... 81
U S 3s. reg 100 'Nor Pac 3s 64
do coupon. .. .lo I do 4s 90
U S N 4s. reg. .100 Union Pac 4s... 96
do coupon. .. .109 I
Money, Exchange, Etc.
NEW YORK. Jan. 14. Mercantile paper
3 0'4 per cent.
Sterling exchange, steady. Sixty-day bills,
Y4.S125; for cables, $4.8415; tor demand,
Bar silver. 49 c
Mexican dollars, 370.
Government bonds, steady; railroad bonds,
Time loans, easy; CO days. 3 per cent; 90
days, 3lij3 per cent; six months, 3 per
Call money. Arm. High, 2 per cent;
low, 2: ruling rale, 2; last loan. 2; clos
ing bid, 2; offered at 2.
LONDON, Jan. 14. Bar silver, 22 d per
Monev, 1 per cent.
Discount rates Short bills, 2 2 per
cent; three months. 2.
SAN FRANCISCO, Jan. 14. Sterling In
London, CO days, f,4.Sl; sight, S4.S4; cable,
Americans Steady at London.
DON, Jan. 14. The American section
stock exchange waa fairly active and
with the most business in Canadian
shares. The approval of the board
ernors of the New York btock .x-
to restore arbitrage dealings be
New York and European markets
hope that London soon will follow
PROSPEROUS YEAR SEEN
GOOD TIMES AHEAD IS VIEW OF
LEWIS F. SWIFT.
Company's Annual Report Shows In
crease la Profit In 1014 Bus
iness of K-I25,OOO,000 Done.
The report of Swift & Co. for the year
ended September 26, 1014, shows net profits
of S9,430,ouO. against a.200.OOO the previous
year. The report states that, notwithstand
ing the serious shortage In the receipts of
livestock in the early part of 1914. Swift
si Co. have been able, by the development
uf other lines, to maintain their volume for
the year at a total of more than 2,000,000
tons of meat and by-products, having a
value of over $425,000,000. On this volume
Swift Co. earned 3 1-5 cents on each dol
lar of sales. From these profits the com
pany Is paying Its shareholders 7 per cent
on their Shares and is putting away a sat
isfactory amount In the surplus account. In
thus giving the investors an adequate re
turn the company has not Imposed any ap
preciable burden on either the livestock
raiser or the consumer, says the report.
The income account for the fiscal year
compares as follows:
Vet profit t9.40U.0O0 9.250.000
Dividends 3.250.000 5.250.000
Surplus $4,200,000 $4,000,000
Previous surplus 33,000,000 29,000,000
Total surplus $37,200,000 $33,000,000
President Louis F. Swift ssys:
"I have Just completed a trip to tha Pa
cific Coast snd the Western states, return
ing through the Southern states. From ob
servation I believe this country, as a whole,
is faclnga year of prosperity. Certainly the
farmers (and they are the backbone of
prosperity) -are realising on the greatest
crop the best pricea ever known.
There is. however, the exception of the
cotton Industry, which has had a great
handicap; but this, I believe. Is fast being
adjusted and will soon be overcome,
"Swift Co. did what they could to re
lievo the situation by Increasing as much
as possible the use of cottonseed sil and
other Southern products. Including bags,
sheeting and covers for meat. Our pur
chases of cotton goods amounted to over
10.000.000 yards last year."
President Swift adds that the spread of
the foot and month contagion la practi
cally over and that the Federal and state
governments are to be commended for the
effectiveness with which they have handled
this trouble. In many states dividing the
loss occasioned through condemnations for
slaughter and it is generally understood
that the other states will make appropria
tions to take care of the matter in a simi
lar way so that the producer will be reim
bursed for ths meat value of the animal.
He calls attention to this as another indi
cation of the value of livestock as a collat
eral security, both to the banker and to the
New York Sugar Market.
NEW YORK. Jan. 14. Sugar futures mar
ket was easier during the morning session
under scattered realizing, prompted by more
favorable weather conditions In Cuba, which
may lead to increased offerings of raws.
Prices at noon were 5 lower to 1 higher with
sales of 450 tons.
The spot market was easier with sales of
25,000 bags of Cuhas for January and Feb
ruary shipment. Molasses, 3.27c; centrifugal,
4.04c; .refined, steady.
LOCAL PRICES , ARE OFF TE TO
Only One Load Is Received and Top
Quotation Is ?6.00 Sheep
Although only one load of hogs reached
the stockyards yesterday, the market in no
way recovered from its former weakness,
and hoe values were quoted 10 to 20 centa
lower than on the preceding day. The top
price obtainable was J6.90, but the bulk of
Bales were at a dime- under this price. The
only other business done were the sales of
two loads of sheep at prevailing quotations.
Tho hogs received. 123 head, were shipped
in by A. D. Messenger, of Towal, Wash. The
day's sales were as follows:
i hog i-"" $6.0", 3 hogs 3.".:: $h.oo
it fill! S hn. 165 K.OO
Shoes... 325 5.S0 10 hogs 312 6.90
1 hog.... 240 0.S0 120 ewes. .. . 103 4.73
122 hogs 167 6.S0 61 wethers.. 94 6.50
Prices current at thi local stockyards on
the various classes of stock:
Prime steers i.B04JT.iB
Choice steers I ?l"lI S!J
ir,li,im MtAnra 6.75O7.00
Choice cows 6.00W6.75
Choice cows 5. 1 5 96.00
Medium cows 5.00j.00
Heifers 5.00 6.50
Suis 3.50 5.00
Stag 4.50 6.00
Heavy 5.80 6 6.30
Lambs 8.25 7-50
Omaha Livestock Market. x
SOUTH OMAHA, Jan. 14. Hogs Receipts,
10.000; market, steady. Heavy $6.6..&b.iu;
light, $6.606.75; pigs, $5.25fi 6.25; bulk of
sales, $6.05 46.70.
Cattle Receipts, 2S00; market, steady. Na
tive steers $6.758.75; cows and heifers,
$5.25(S7.25: Western steers, $5.75&8.00;
Texas steers, $5.75f?it 7.00: cows and heifers.
$56.75; calves, $78.75.
Sheep Receipts. 11,000: market, lower.
Yearlings, $.07.60; wethers, $5.754S.40;
Iambs. $8 8.35.
Chicago Livestock Market.
CHICAGO. Jan. 14. Hogs Receipts. 52,-
000; market, weak to 5c under yesterday's
average. Bulk of sales, $6.656.80; light,
$6.506.S5; mixed, $6.60-6.90; heavy, $6.50
(fre.So: rough. $6.50to6.60; pigs, fo.iaB"o.
Cattle Receipts. 50OO; market, firm. Na
tive steers, $5.65(&9.50: Western, $4.S5'?5 7.50;
cows and heifers, $3.258.1u; waives. $7.50i5
Sheep Receipts, 14.000: market, slow.
Sheep, $5.7O50.50; yearlings, 6.707.65;
Dry Goods Market. '
NEW YORK, Jan. 14. Canton flannels
for Fall were today priced from 1 cents to
2 cents below last year. Large additional
orders for uniform cloths ror war purposes
were received by men's wear mills.
Chicago Dairy Produce.
CHICAGO. Jan. 14. Butter Unchanged.
Eggs Unsettled. Receipts, 3226 cases; at
mark, cases included, 25&36c; ordinary
firsts, 3435c; firsts, 3637C.
Duluth Linseed Market.
DULUTH. Jan. 14. Linseed, cash, $1.85;
NEW YORK. Jan. 14. Spot cotton, quiet.
Middling uplands. 8.05. No sales.
Dried Fruit at New York.
NEW YORK, Jan. 14. Evaporated apples
quiet. Prunes firm. Peaches steady.
Hope at iew York. .
" NEW YORK, Jan. 14. Hops qulet-
DA1LY METEOROLOGICAL REPORT.
PORTLAND, Jan. 14. Maximum temper
ature, 49 degrtees; minimum, 43 degrees.
River reading, S A. M., 6.8 feet; change in
last 24 hours. 0.9 foot. Total rainfall. 5 P.
M. to 5 P. M., 0.79 inch; total rainfall since
September 1, 1914, 17.84 inches; normal,
22.44 inches; deficiency, 4.60 Inches. Total
sunshine. 1 hour 30 minutes; possible, 9
house 1 minute. Barometer (reduced to sea
level; V. at.. 30.11 inches.
g D Wind
g w3 a
; tj 1 ?
stations c . S State of
blAUU'N3- 3 2 5 WeatHer
1 I3 I
T3 . .
Des Moines ....
Kansas City ...
Los Angeles . . .
Montreal . .
New Orleans . . .
New York .....
Norths Head . . .
North Yakima .
San Francisco . .
Walla Walla ...
00 4 SW
001 S SW
OOt 4 W
00 10 s
16 4 NW
OOi 4 SW
10 18 SW .Cloudy
02! 4 IN'
00' 4 W
30 8'SW Cloudy
0s;18 SW IPt. cloudy
44 w Kain
IS t-S Cloudy
.00 41SE -Clear
01; cairn snow
The Vancouver depression has advanced
eastward and now overlies the Canadian
Northwest. There is a secondary disturb
ance extending from the main depression
south to Colorado. The barometer Is now
rising rapidly over Oregon and Washington.
The following maximum wind velocities oc
curred today: North Head, 60 miles northwest-
Tatoosh Island. 52 miles west, and
Eureka 26 miles northwest. Precipitation
mostly In the form of rain haa fallen on
the Pacific Slope as far south as San Diego
and snow has fallen in Montana and Wyom
ing It is much colder in Minnesota and
Eastern North Dakota.
The conditions are favorable for occa
sional rain Friday in Western Oregon and
Western Washington, and for snow followed
by fair weather in Eastern Washington and
Northern Idaho. The winds along the coast
will diminish tonight.
Portland and Vicinity Unsettled; probably
occasional rain: westerly winds.
Oregon Fair except rain northwest por
tion; colder east portion; southwest to west
Washington Occasional light rain west,
snow followed by fair east portion; south
west to west winds. s
Idaho Fair south, snow followed by fair
north portion; colder.
EDWARD A. BEALS, District Forecaster.
In the vicinity of Newcastle, England,
there Is said to be coal enough to last the
world 800 years that Is. 5,000.000,000 tons.
There are 3600 people employed as jani
tors in San Francisco. Of this number more
than 2000 are Japanese.
Multnomah County, Oregon,
5 Inter-State Bridge Bonds
Dated July 1, 1914. Due Serially at the Rate of $40,000 Per Annum, July 1,
1918, to July 1, 1942, Inclusive. "
Principal and Semi-Annual Interest Payable in Portland or New York
v Assessed Valuation, 1913. . . , ? $311,464, 675 .00
Total Bonded Debt 1,250,000.00
Population, 1914 (officially estimated), 27o,000.
Pre-eminently the premier municipal bond of the entire Pacific North
west and one which affords an investment beyond question.
Free from normal Federal Income Tax. Available with the United
States Government as security for Postal Savings Deposits.
Having already sold over $750,000 of this issue, we offer the balance in
amounts to suit, subject only to prior disposal.
Descriptive circular, containing detailed information and price, fur
nished upon request. ' . j
MORRIS BROTHERS, Inc.
Railway Exchange Building
OF TEH CENTS
Chicago Wheat Is Dime Higher
Than Last Monday.
GREAT SCRAMBLE TO BUY
Scntunent lit Pit Influenced by Re
ports of Depletion of Stock on
Pacific Coast Kyo at High
est Price for 50 Years.
i , , , - a ri Tan 14. Wheat jumped to
day to a point virtually 10 cents a bushel
higher than on Monday last, n iv.u.
tors were tumbling over each other to sell
out because of wild talk that the Turks
were yielding control of the Dardanelles and
that hostilities by Italy implied a speedy
end of the war. . , . . ,
At the summit May wheat brought today
$143, a price not equaled before in years
The chief reason was that exporters wanted
more wheat than they could buy in all
. ,., n-ullno- was much un-
American min.c.o. - "
settled at the close, which varied from the
same as last nignt w Jf'u -Corn
finished unchanged to a sixteenth up.
oats had a gain of hi cent and provlaions
were down 0 to 12 cents. . , .
Reports that the depletion of wheat stocks
on the Pacific Coast had led to sharp com
petition from there on this side of the Rock
ies helped to give the bulls almost complete-
sway over prices. fc.j
Excitement In the wheat pit fairly boiled
over In the last hour, when rye a substi
tute for wheat, was chalked on the bulletin
boards as commanding 1.17 a bushel, a
price beyond anything known In B0 years.
, i i.aauinaSa nvlne to large re-
ceipts. Wheat strength, though, exercised
somewhat of a restraining "' S
sequently the corn market rallied, owing to
the extraordinary bulge that developed In
wheat. The close was steady.
Oats proved firmer than corn, owing to
buying on the part of export houses. More
.. onn i t. i n -kata warn stn! rr nfrP
toago to the seaboard, in addition to 170.000
Lower prices for hogs weighed down pro
visions. Most of the business was of a gen
eral commission sort.
The leading futures ranged as follows:
Open. High. Low. Close.
May 1.41 1.4 1.40Vi .42
July 1.2!s l-ao I-2 1'A
May 74 .IS'i -14 -1
July 75 -7ol. -7a
Atav .. -55H .03 .54 .53H
juiy .::.:. 2 .53 .52 .53
T 18.00 1S.10 17.95 18.10
May -1875 1S.S0 1S.50 18.b.
To " 10.40
May '.'.10.s6 10.SO 10.65 10.70
May I".'.... 10.12H 10.15 10.00 . 10.10
WheatNo" 2 red. ,1.40 1.4S ; Ko. 2
Corn-No. 2 yelTow. 7071c; No. S yellow.
68l&89'. c. ....
Rye No. 2. ,1.1.
Barley, 69 3 7SC.
PHmary're'tsWheat. l.ll'O.OOO bush
els: com, l.S43"ooo ushels; oats, 81'O.UOO
r-Vearances Wheat, 707.000 bushels; corn.
145.000 bushels; oats. 1000 bushels; flour.
Foreign Grain Markets.
LONDON. Jan. 14.-M:arzoes on passage.
6d to 9d higher.
LIVERPOOL. Jan. 14. Corn. February,
Ts Hid. Wheat not quoted.
PARIS. Jan. 14. Wheat and flour, ?4d
BUENOS ATRES. Jan. 14. Wheat. d
higher; cash wheat. Is 3d higher.
ROSARIO, Jan. 14. Wheat. 114 to 2d
ARGENTINE. Jan. 14. Shipments esti
mated at 120.000 bushels wheat this week.
Minneapolis Grain Market.
i Taw 14 Wheat. May.
bfdT July, Yr37 asked; No , 2
hard,-1.41; Ko. l Northern. 1.35V, 1..0 ;
No. 2 Northern, tl-i-'tt S'1.38.
Barley, Wiy "c.
, ' Other Eastern Markets.
DULUTH. Jan. 14. Wheat closed: May,
$1.40 asked; July, fl.89.
WINNIPEG, Jan. 14. Wheat closed:
May. ,1.40; July. ,1.41. I
MINNEAPOLIS. Jan. 14. Wheat closed;
Msy. ,1.37V4 bid; July, ,1.37i asked.
ST LOUIS, Jan. 14. Wheat closed: May,
,1 39 ; Julyr ,1.22. Cash corn unchanged.
Oats. 4e higher
Paget Bonnd Wheat Market.
SEATTLE. Jan. 14. Wheat Bluestem,
The First National Bank
FIFTH AND M0RRIS0JT STREETS
CAPITAL AND SURPLUS 93.50O.00O
Interest Paid on Savings an,d Time Deposits
Security Savings and Trust Company
Fifth and Morrison Streets
CAPITAL AND SURPLUS $100,000
LADD & TILTON
Capital and Surplus
,1.43; Turkey red, ,1:33;". fortyf old. ,1.42;
club, ,1. 41; Fife. ,l.K7;-?ed Russian. ,1.85.
Barley, ,30 per ton.'-
Yesterday's car receipts Wheat 7, oats a,
barley 3. hay 17, flour 17.
TACOMA, Jan. 14. Wheat Bluestem,
,1.40; fortyfold, ,1.38; club, ,1.3o; red t If e,
?1Car receipts Wheat 28. barley 3, corn i,
oats 4, haye.
Ban Franelwo Grain Market.
SAN FRANCISCO. Jan. 14. Spot quota
tions: Walla Walla, ,2.30(812 3; red Rus
sian. S2.8on2.85: Turkey red, ,2.3Hfr2.4ll.
' of Commerce
A general hanking business
Interest paid on time deposits.
Commercial I.ettera of Credit
Excluuisre on London. Kns;laad
Uoueht and Sold.
Corner Second and Stark Sts.
F. C. MALPAS, Manager.
Promptly, in Large Amounts,
on Improved Realty
Capital and Surplus $600,000
LUMBERMENS TRUST COMPANY
Corner Fifth and Stark
Amercan - Hawaiian Steamship Co.
"The Panama. Canal Line."
EXPRESS FREIGHT SERVICE
Between Portland, STevr York, Boston.
Philadelphia and Charleston
For Information as to Kates, Sailings.
Etc., Call on or Addroas
C. D. KKSSEDY. Agent.
270 Stark Street, Portlaad, Or.
Sails Direct for
.vi-vii'. A Vr. MAN' niRfiO.
Saturday, Jan. 16, 2:30 P. M.
BA! rilAl I . rum ij;;
VOS ANGELKS STEAMMIIP CO.
FltAJSK JOLLAs4. Asent.
Ill Third sit. A Msla ta.
bluestem, ,2 ,3.V 2.40; feed barley. $1AT9:
I.Sn; while outs, II.T5 w 1.77 S : I ran. I" ,
g".:: iiililllln?:a, y.ii :M: s'i"rl. ,1U '!;!.
t s Bb un d Fo r Trie
Inlands Of Sweet
r . ' . .
a v . rtAiiitht.
K wonderful bolMsy qalta illnVren
novel eoeaea uu iiiui m. - -
Round trip. first cabin, Hmaolala.$Ilo
Sydney, A37.M. Va daya to Honolulu.
19 days to Sydney. Superb 10 imO ton
American SUassers "Sierra," "Sonoma"
or "Ventura" (classed 100 Al Lloyds).
Ask for folders about Grand Tour of
South Seas, includins; Honolulu. Samoa,
Australia. Tahiti, etc.. H.17.W. Around
the world at reduaed rates. Wrlla for
illustrated folder with colored maps
of tha Islands of tho I'aciiic
OCEANIC S.S. CO. saii.i;i
7I M.At Sr. 'y -i 1 eta, "
Ssa frsarfMo, Osl. Sy,in.y .Ian. III.
S. S. ELDER
SAILS SUNDAY, JAN. 17, A. M.
AND KVEKY SUNDAY TllERKAKTI.il.
NORTH PACll'IC STKAMMllr Cl.
Ticket Offlos t Freleht Office
I'ii A 3d St. I Foot Moi-llirup St.
MAIN laM. A 1314. I alaln S2US. A asi'a.
8. 8. BEAK SAILS t I. M., JAN. la.
The San Kranelwo I'ortnd S. a C,
Third and Hasliinstoa Sts. (with 0,-T. U.
I s, Co), let. Marshall 4MIU. A HI.
COOS BAY LINE
STEAMSHIP B It EA It WATER
Palis from Ainsworth dock. Portland, s r.
M every Tuesday. Krelshl snd tusst oITicsv
lower Ainsworth dork, P D 8. 8. Ulna.
L H. Keatlns. Atent. Phi.ne. Msln 3i. 4
2332. City Ticket office. Slxib Ht. O. w.
Stlnter. AIt Phones Marshall 4,'.OU. A Slit
NIGHT BOAT FOR THF! nAI.I.KW
Str. State of Washington
leaves Taylor-st. dock Mon., Wed.. Fri
day at 11 J'- M- for Th" i'11'11'"- '-I''".
Hood Klver. White Salmon, I ndorwood.
t'arson. Stcvonnon. Hei urnlii. leav. s
The lialles SuiKiay. Wed.. I rl.. 7 A. l.
Tei. Wain 61.1. r are i. Including Usria
oa nlht ui.