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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 10, 1915)
THE MORNIAG OREGONIAJf. WEDNESDAY, FEBRUARY 10. 1915. 19 WHEAT flOW STEADY Local Buyers Operate With More Confidence. DISTANT MARKETS BETTER Sule. on Merchant' Exc1ikc Arc 85,000 BuMicfe, Within 5000 JSu-l.cIs of Record Duj's T;i Tvij-r ij-.arkrt was on more steady fcr-, yr?tT'Ia. Wth rablrs firm -and bftr o'ifl"k at clii'-as'j. wh-iv renewed Mort bn n s ga''fi iiirnd viii-jcs upward, nd it It liidi- ;itluiii an advance in fc-iSlitJ' fmm . rcnit ma. t.nycra mi the I1 in a rkl rre d isi-?;d .Derate more con fidnty. liu?jn-.-s Mas. nearly twice Inrjrc as on Mmiday, $.'.. bushels cliaiiK tin i .. it in I t ho prtc-.'s in ni'ft The Mr reliant s" Eichangi- sales in d'-tail ltuiit it !' !" prompt U !! cm 1.79 !ftitift fr;)i l.liiesiem lA J tnM Man h Kliif.xt.Tii 1 - 's .". Aiarvli ltititfJil J.W 1 J.V"i Van-ii .rif..ld t. ..!-. ;.,tMo prm;t vlul 1.." j.tint M:tn-h i ub 1- ji-.tMrO April Husnian l.&i hz Ton. - : April fit liarl"v lVU April f"d l.ar!ry ,'M Thr jot iduosfin t-' nus a cent better tiiaa Alt-nia 'a ir ., w hilt tht March denls v. ''!' at ijti-hatiKfd pr inn. March furt fM and ?;ir. !i iitib each gained half a cm p n d prom pi club mlij .1 1 - cuts liicrur. April irl Ku.in chunked Iiaiiiit. at Mori i'-s pri.-. Htds el?jwhtit in the re cnrallv um-hangetl. exept in the of fife. ffT for whivh were half e nt trt a vi.l reduced. In ttic untn and barley markets there aj a .ontinuafKin of the weakness of last r-k t ts Mils Aero lowered to rnt. AprM barley sold at Monday's figure. I.o-! rH-etp)5. in cars, were rcport':d by the Merchants' Kxclianne an folluws: Wheat. Bar. Fir. Oats. Hay. f'nrrtand i-ca.ou io Ii 3 .1 - 4'i 4 Hj 1 .141ti lin:; !.-.! 154u 14 date. i -tr mc T.-inta. .Molina Yar uuo afon to date. Yfar a.. atti . Sunday . ar a "o sMAOii to date. 1'ca.r iru yi4 i i jam IS HI 1o 4?.r. tT4 1 1 3W 1744 1 4;! ft 17 r.4s :.44 yi sin BAKtK FA KM KIES Bl'Y MlfcLI.ED tOKN Cheaper fr Hoc; Feed Than Barlej l'renent Frlre. FAkfcR, ir., Feb. . (SjK'ctal.) Farmers of Baker I'oimtj arc buying shelled corn in larne rjuanllt:es. Thlp is behiR- used to feed liogs as a sulistitute fur barlpy, wln li has loen usr-d hitherto almost exclusively in ltkr ('unity. Hog raisers today are com-j-t'llcl to pay y a liundred-u eight for bar ley, a pri-e hitherto undreamed of in this tn-tlon, and growers declare that the price is prohibitive with the present situation ii t!ie ho market, ntilch offers but little In duceim-nt t the growers. Corn tt hinc; marketed to the growers at a hundred-weight and. n hil appar ently in nt h more expensive than barley, is sld really to be cheaper, owing to the greater fat t nlng power of corn. Some j; rowers ay t iiut hogs will fatten from t ' p'r cent more on the same weight of corn than they ill on barley. Kar-oTs yesterday obtained $."7 a ton for city, the highest price ever paid in Baker, and a I;ire quantity uf this cereal was uti 1'ta'Ie.I at This price. This was somewhat or tht Iortland price, after adding the freight differential, and it is said that for eign ttuvers are taking up this grain. lar ;e lioklers of v. heat arc still holding thrir giiiin. unmoved by the existing high prices. Offerings yesterday were as high as $I.u a buphel HOP COM RA CTI 'i tS C A I J FOR X I A ! Nef f erureN KH.0OO Pnundn lo Be Grown in That rotate. The d-'iiiaiid for HMj hops is about as at tod as that fT spots, but there is very little contract business b. ing done in tliis state. Mi-.ny srwers have Lten approached. nt decline to sell, pending the formation of the association. Most of the eon tract ing dale has teen done in California. MeNeff Jtroa.. of this city, yesterday closed a con tract for 10MO pounds of the new Cali fornia crop. The YV:iterville Hop Reporter says of the reduction of acreage in New York State: Many cro-.vers will reduce their hop acre age in this and the adjoining towns of Mar shall and Aiicusta. where for several years past their vards have been hard lilt by storm and pest. Had this year shown them a fair Traik?! they would have recovered and been able to continue in the busmen, but the conditions at present are most discouraging to I hem and seldom have they had a prece dent, s Beer safes in the I'nited States for the month of November last show a material dccrei-e as compared with sales for Novem ber. HM:. For November. H'14, the sales wcr 3.7..o3 barrels; for November. 191.1, 4.WI.JW barrels, the decrease being SS3.133 frarrels, or over 19 per cent. TEXAS MOHAIR MOVEMENT SOON rMiPplir Mill tio tn Eastern Market by May of lialveMon. Oalvesrori ill bo used by the National Jlohair ( row era AssH'a:lon as a station for cono':da.tf :iiZ. rewci!nn. rechecking. re loading and reshaping betwe-n l,0i0.()00 and j tVto.(NH pounds of mohair from the South- pet on Its way to Eastern mil!. This shipment of mohair will pass through Gal- est: on this Spring and Fall and the Spring product will sown be ready fur shipmcnL J. V. Hardy, of Pallas, chairman of the N:l;ivy! Mohair Growers' Association, is Quoted as alng: "We ciur.ot regrade here or establish a pe:-:nancnt warehouse for the present, as v e had hoped lo do, on account of the rat conditions, which prevent us stopping a shipment en route for the East. We ex pert later to establish a warehouse and re gra.tins station here If wc can have the rate condition changed." TtKI AUVAXE IN REFINED SfOAR AH tirade? Are lp 35 Cent and May Go Higher. Refined sutiar quotations In the Pacific Cojot ma.kets advanced ?3 cents a hundred yesrerday. In response ta a similar .advance in the Fast the day before. This is the widest advaroc that lias occurred in sugar In two months. The marke; ia very strong, and as prices In New York were ciimblng again yesterday It looked as if there would be another lift In quotation here today. Unsettled weather In Cuba and high freights are given as the caue of the strength of the market. The Cuban produc tion up to February l is said to have been IToA.tfOo tons I'M than last year. K.rS IX SOt Til CHECK. SHIPMENTS California egetahle Will Continue High for Time at Least. California wires yesterday reported a re newal of the rain storm, which means more trouble in shipping celery and lettuce, and continued high prices here for a time at lease A ear of mixed vegetables arrived from fan Francisco containing cauliflower and as sorted small truck. Local hothouse rhu barb la offering at 114 12 cents and rhubarb from Waila Walla at 10 cents. A car ot Merced sweet potatoes m received and qaotcd at 2fc cents. The orange market was firm because of the rain In California and the lightness of stocks here. The apple movement was light. IXM-al Kgg Market Is Weak. There Js a small shipping outlet for eggs and but for this fact prices here would prob abJy be lower, as the local demand i till backward. The market yesterday was weak with sales at 24 and 24 cents. The poultry market continued very firm, aa receipts of chicken were not equal to the trado's requirements. Dressed meats were also firm No changes were reported in dairy produce lines. Bank Clearings. Bank clearings of the Northwestern cities yesterday were as follows: Clearings. Balances. Portland $l,lM.40fl ''..V Seattle l.S'7:i.4i JiO.btW Tacoma ;;.V;,.-,7n Xi.-'2 Spokane 449.008 o8,24 PORTLAND MARKET QUOTATIONS Grain, Hour, feed, Klc. Merchants Exchange, noon session. Prompt delivery. W heat Bluosiem Kortyfoid i lub Red Russian Ked life oats No. 1 white feed. Harlej No. feed. . . . Firew ing Bian Shorts Futures March Mustem April bluestem Mav bln.'st-ni March fortyfofd April forty fold March club April club Maroh Red Russian.. April Red Russian March red fife April red fife March oats April oats Mav outs March" feed barley Anril fe.-ii harb v Bid. Ask. S l.i'.t s l.tiu l.oTH 1 ft . 1.5S l.''.i i.4n l.r.i: l.r.afc i.r.4 .imi ;;:t.r.o ;.;." ;;o.o , y.uo wl.OO l.fiO !.:. 1.B4 1.V4 V !. i.r.9 i.tio i.r.i l.tsa 1.384 i.s l.JOi l.ti- l.r.i i.r.2 1.53 Vi l.M l.i4 l.o4"4 i.r.tt i.r.svs S?.rii) :is.7." S!.;. 4t.m 3: '.75 114.00 34.75 r.o.oo FLOFR Patents, $7.J a barrel ..v: whole wheat. S7.40: graham, , straights. MILLFEfiU Spot prices: Bran, SaO-SO-S 31.. '0 per ton ; shorts, $3J.00l'3.o0; rolled barley. S:tS'i 30. i'ORN White, $T.7 per ton; cracked, $38 per ton. HAY Eastern Oregon timothy, $144J)16 Valley tiinothv. $12.54.; grain hay, $10 1J alfalfa. $ll13. I ruits and Vegetables. Local jobbing quotations: TROPICAL FRF ITS Oranges, nave;. $1 .7.".i 2. "jo per box: lemons. $:t&3.oi per box nuuHn.lv, 4vi4uu per pouna ; grapeiruit, ;.0O; pinenpplcs, oc per pound: tangerine. si.L'.i wr t'ox. v Kijbl.tiLt.a Lucumocrs, noinouse. $1. ;. I.oO dozen; eggplant, 8G' 10c pound; peppers. $4 per crate; artichokes, &,"i&lOc per dozen: tomatoes, $1.7o per crate; cab bage. llVrc per pound: celery, $3.2,1 per rnte; cauliflower, SJ per crate: sprouts. jt9c per pound; head lettuce, $1.7"i per crate; liotnoUfe lettuce. .ht per pox: squasn 4c ner pound; rhubaro. lOiil.Vsc per pound. UKKKX KKtilTS A DDles. I.'H'WJI.OO per box; casahas, $!.(." per crate; grapes, $3.a0 per barrel; cranberries, $11 per barrel. POTATOES Oregon, si. jiKrr l.io per sack Yakima. $l.l."; sweet potatoes, -Vi'ij-iic per Pound. ONIONS Oregon, selling price $1.00 per sack, country points. SACK VEGETABLES Carrots, $1.25 per fack; beets, $1.25 per sack; parsnips, $L24 per sack. Dairy and County Produce. Local jobbing quotations: EGGS Fresh Oregon ranch, case count, 4"i 14 'a;: eOitdled, Joe. POULTRY Hens. lO'ifcMr; mixed. 1J'! i 1.1c ; broilers, lb lit -uc : t urkeys, dressed. Jle; live, 16c; ducks, lo lse; geese, 10'tf lie. BLTTEIt Creamery, prints, extras, 29c per pound in case lots; Vc more in less than ease lots; cubes, '2'n, CHEKSE Oreegon triplets, jobbers' buying price, lc per pound, f. o. b. dock, Portland; loiing Americas, Jtc per pound. VEA 1 Kancy, 1 'Zrn VZ ijc per pound. POKK Block, 0'-c per pound. Staple G rocerles. Local Jobbing quotations: SALMON Columbia River one - pound talis, $i.3u per dozen; half-pound flats. o0; oi.e-pound flats, $-.a0; Alaska pink, one-pound talis, $1.0. HONEY Choice, $6..2o per case. - NUTS Walnuts, per pound: Bra zil nuts. 13c; filberts, J Ox 4c; almonds, 23 ii ''4c: neauuts, O-ic; cocoanuto. $1.UU per dozen; pecans, H(i20c; chestnuts, llsc. sfc.Ap smau wnue. oc: laree wnite. 6c; Lima, tiiac; pink, jQc; Mexican, tibc; ayou, o .-3 c COFFEE Ivoasted, In drums, JS'iOSc. Sl.'GAR Fruit and berry. Stt.iO: be.et. extra C, $ti.u5; powdered in barrels, 5ti.h0. SALT Granulated. $lu.o0 per fon: half ground, lOus, $lo.7o per ton; Gus, $11,00 per ton; dairy, $14 per ton. RICE Southern head. 64 64c: broken 4c per pound; Japan style, 4e. DRIED fRtilb Apples, c per pound: apricots. lS'lic; peacnes, Sc; prunes, Ital ians, B'aic; raisins, looee Muscatels, be; un bleached Sultans, 7sc; seeded. Sac: dates. Persian, 10c per pound; tard, $l.tio per box; currants, 9 ift 1-c. Hop, Wool, Hides, tc HOPS 11)14 crop, lOitflli&c; 1013 crop. nominal. HIDES Salted hides. 13c; salted bulls. 10c; salted kip. 15c; salted calf, 19c; green hides, 13-xc; green bulls, yc; green kip, 13c; green calf, 10c; dry hides, bc; dry calf, I'Sc. wool. valley, ioijc; eastern Oregon, 13i&-Jt'C, nominal. MOHAIR l!tl4 clip, l'7c per pound. C A SCAR A BARK Old and new, 4fcic per pound. PELTS Dry long-wooled pelts. 13c: dry short -wooled pelts. 10c; dry shearings, each, jucy loc; sai tea snearinys, each, lo 20c; dry goats, long hair, each. 1212 "4c; dry goat shearings, each, 10 20c ; salted aheep pelts, February, fi-a l.ou eacii Provisions. HAMS All sizes. 174$flS4c: skinned. 17 iy 18c; picnic. 12c; cottage roll, 13 c; broiled. 10 I'Sc. BACON Fan ry, 27 '4 28c ; standard, 23 & 4c; choice, 17V.'22c; strips, 174c. DKY SALT Short clear backs. 13tfl54c; exports, loi !7e; plates. 11 13c. LAKU Tierce basis: Kettle rendered. 12H:c; standard, 12c; compound. Sic. BARREL GOODS Mess beef. $23: Dlate beef. $24.50; Lri.-ket pork. i2S.50; pickled pigs feet, $12.00 ; tripe, u.OOp Il.o0; tongues, $-a o'l. Oils. KEROSENE Water white, drums, barrels or tank wagons, I0c; special drums or bar rels, 13h:c: cases, 1 7 tc 20 4 c GASOLINE Bulk, 12c; eases. 10c: en gine distillate, drums. 7'c: cusea. 14kc ttaptha. drums, 11c; vases, lHc LINSEED OIL Raw, barrels. 71c; raw, cases, i Co; boiled, barrels, 3c; boiled. cases, 7JC. TURPENTINE In tanks, 60c: in cases. 6c; 10 -oa.se lots, ic less. SAN FRANCISCO PKOUFCK MARKET Prices Current in Buy City on Fruits, Vege tables, jhtc. SAN FRANCISCO. Feb. 9. Butter Fancy crtsimery. 2SV.-c; store, 2.k:. Kuss r ancy rancn. 24c; pullets, lie. Cheese New. 10 it 33c; Young Americas, i 14c; Oretjon. 14 c. Vecetahles Bell peppers. 7iiI0c: do Chile. 0i c; string beans. 24i3c; hothouse tu- unib. rs, t.icii SI ; egprplant,, 5 tc. Onions Yellow, 8041 $1. Fruit-Lemons. fancy. $2.25$ 2.50; choice, 1 .75 o 2: standard. $1.5o' 3.75; bananas. Havvu'.ian. 1 25 y 1. pineapples, do, $1.50 California apples. Newtown Pippins, fijfclit; BeTfleurs. 50 ft 73e; Baldwins. 50 3c; Wiresaps. 50 a 75c: do. lrecon. New- own Pippins, wctt i.io; mesaps. wic'a $1.15: Baldwins. locy$l.io; Spitzenbergs, VV.'i $1.35. Potatoes uur nanus, sai ma?. ji.tjSi imo; ilelta. !H': 51.25; tregon. $1.501.65; Lorn- poc. $150jj.75; sweets. $1.30-ul.60. Keceiute t luur. .i.oo"1. quarters; oariey. SO centals; potatoes, 4440 sacks; hay. 90 tons. Coffee Futures. NEW YORK Feb. 9. The market for coffee futures was easier today under liqui dation and trade selling, which seemed to 1ug to reports or an easier cost ana ir KitiiMtton. continued full receipts in Brazil and rumors that part of the near- mouth gelling was against high-grade Rios for contract delivery. The market opened at unchanged prices, but soon weakened and ostd at a net uecnne oi 12 10 1 points. :a!es. 4,C00 bars February. 5.6Sc: March, c; April. 34c: May. o.uc; June, o.wc; August 7.05c; September. 7.1&f : October, loc; Novemoer, i.zi uetrmoer, Spot Irregular; No. 7, Sc; Santos Na c -Rio exehanire on London was reported -32d lower at the close last night, while miireis oriees were .0 rets lower at kio r.l unehanaed at cantos, wnn cosl ana freight offers this afternoon about 10 points lower on the average. Dry Goods Market. NEW YORK. Feb. 9. Cotton goods and arns were quiet. Mens wear lines were advanced. Silks were in demand. Export rade of goods for war purposes conunuea steady. STOCK PRICES SAG Market Is Affected by Naw York Central's Action. BOND ISSUE IS PROPOSED Bethlehem Sled Continues Its Up ward Movement Canadian Pa cific Makes Good Showing. Bonds Arc Irregular. vpw von ic Feb. 9. Stocks were In clined to make further upward progress in thfc wrlv t i.ces of today's aession. but sud den weakness in New York Central, which declined 4'i points, soon caused general unscttlement. the list closing with a heavy tone and numerous net losses. Central's pre cioitate decline was associated with the proposed L"sue of $100,000,000 bonds at per cent interest. Another development which should have redounded to the advantage of the local market was a further break in exchange on London to the lowest Quotations since oc tobor of 1007. The decline resulted from extensive offerings of bills against suppllos bought in this country by some of the for eign governments now at war. Incidentally Germany's gold status once more came Into consideration with a new low record for marks, while London reported the removal of about $1,500,000 foreign gold coin from the Runk of Kneland. Declaration of the regular dividend on American Suirar shares was in keeping with popular expectations, albeit the stock was feverish pending definite announcement. An other advance in the retined product wai made by independent producers. Bethlehem Steel, which has been the ob jeet of much manipulation recently, went to a higher price than before, but roceaed on realizing; sales. Canadian Pacific made a better showing than any of the other high-priced railway shares, although it relinquished all of the two-point gain made at the outset, interna tionals, as a whole, moved within fractional limits, receiving little support in tho ion don market, where trading proceeded c;iu tiously. Reopening of the Amsterdam cx change was regarded as another channel for llauidation of German-owned securities. Local money conditions were unchanged. but a slight hardening of the rate for long time accommodations was manifested, in terior banks bought Jioderately of mercan tile paper. Bonds were easier, except certain minor issues, which showed gains. On tho euro there was active trading in the proposed New York Central fls at between J "3 and 104. Total sales of bonds, par value, as greated $2.1.12,000. United States registered 2s declined per cent and the coupon 2s lh per cent on call. v CLOSING STOCK QUOTATIONS. Closing Bid. 21 53 V :8 2 ' o:; 103 ',i 103 3 !! 2M1 J5 08 87 20 i 150 35 41 10 80 1226 35 H 24 "ia 11 11 'A 22 141 114 32 51 14 105 50 38 05 21 t:':' 115 70 '4 18 13 11 123 50 11 84 49 100 102 18 20 3 04 152 17 144 10 Alaska Gold .. . Amal Copper . Am Beet Suear American Can .. Am Smel A Rf do preferred.. Am Sugar Kef.. Am Tel & Tel.. Am Tobacco . .. Anaconda Mln. . Atchison Ba!t & Ohio . .. Brook R Tran.. "al Petroleum Canadian 1'ac . . Central "Leather Ches & Ohio . .. Chi Gt Western C. 1 & St Paul Chicago At N W t'hlno Copper . . Col Fuej & Iron Col & Southern. D & R Grande.. do preferred.. Distillers' Secur Erie Gen Electric ... Gt North pf . . . Gt North Ore -. Guggenheim Ex Illinois Central. Interbor Met pf Inspiration Cop. Inter Harvester. K C Southern . . Lehigh Valley.. Luuis & Nash . . Mex Petroleum. Miami Copper.. Mo. Kan & Tex Mo Pacific Nat Bucutt . . . National Lead .. Nevada Copper. N Y Central . . . N Y. X H H.. Norfolk & West Northern Pac .. Pacilic Mail .... Pac Tel & Tel. . Pennsylvania ... Pullman Pal Car Ray Con Copper Reading 1,400 2tW 800 000 5.4O0 2iH 1,300 3M 17. 1O0 1,300 135 110 i:i4 no 70 i 11 V 3 24 50 M 11 VB ' M ',8 40 ll-S, 12 124 5 1 12 50 1,200 103V4 1024 3,800 I'OO tioo 20,400 15 152 17 140 20 104 152 T7'i 3 44 20 Republic I & S. 600 Rock Island Co do preferred 1 St L & S F 2 pf - 3 Southern Pac .. 6,.00 83 83 83 Southern Ry ... 4.700 15 34 14 Tenn Copper ... 1,000 20 2! 2!t Texas Company 332 Union Pacific .. 6,6o0 310 31S 11S do preferred.. 300 81 80 0 V TJ S Steel 24,100 41 40 41 4o preferred.. 2.000 304 103 103 Utah Copper ... 1,400 53 52 o2 Wabash pf 2 western Lnion. 300 tw 3"s 3 Westing Elec .. 400 71 "U 70 Total sales for the day, 24U.S00 ehares. BONDS. U S Ref 2s. reg. 8'N Y C G 3s, b. 80 uo coupon.... Nor Pac 3s 04 U S Si. reg. ... .101! do 4S 1)1 do coupon H1 Union Pac 4s... S5 U S N 4s, reg. . ltv..So pac 5s 100 do coupon. . . . 301 j Weekly Bank Clearings. Bank clearings in the United States for the week ending February 4, as reported to Bradstreefs, aggregate $3. 2Mi. 157,000. against $2.07i.337.oOO in the previous week and $3,777,202,000 In the same week last year. Following are the returns for the past week, with percentages of change from the same week last year: De- crease. New York Chicago Philadelphia . . . . .$1,876,462,000 1. Sales. High. Low. 7,iMM JiO's 2!'1; .loo r.4 r3i 3.O0O- U 3SVfe 4.200 20 2',8 a. uoo oi'ii Mii V.700 io.V io3" 1,100 120H 119 V.400 14' !3 1.4O0 dU'? t'b 300 7 J7 8.SXXI 21 hi 20 i 6,700 150 150 a, 9.800 33 1,400 42 it 41 vs ii'.aoo 87 srii ".-ioo 3h" 33"vi 500 25 lA 24 . V.OOO 22g 22 " TOO- 1 i 4 'i i 1 4 M 2.000 32- 31 b00 52 51 -Js 1,400 "oiii 50 U 200 18 -ISU 301, 492.000 0.3 170.700.OOO 3.0 1M.64R.000 10.0 83.50S.OOO .C 77. 253. 0O0 45.7 47. 321. 02O0 7.2 50.874.000 1.4 3i65,oiMi n,S 30,700,000 37.2 21, 671. (t00 35.5 25,814,000 12.5 2ti. IS 1.000 O.tf 17,530.4)00 20.100.000 8.8 10.01,000 1.6 17.545. UOO 2 J 13,010.000 17,4 12.33S.0fK 2v4 10.420,000 3.4 31.175.0OO 1.3 1O.255.0OO -.2 3 1.325. OOO S.l 5.4.Ooo 7.8 3.440.OO0 32.3 3.570.01K) M.O 1.827.000 3.7 1,640.001 8.7 1,678.000 21.0 Boston St. Louis Kansas City . . Pittsburg San Francisco . Baltimore Minneapolis Detroit Cincinnati Cleveland Los Angeles New Orleans . . Omaha Milwaukee Atlanta Louisville Seattle . . Buffalo St. Paul Portland, Or. . . . Salt Lake City Spokane Oak:and Tacoma Sacramento . . .. San Diego Increase. Money, Exchange. Etc. NEW YORK. Feb. 9." Mercantile paper, 3 4? 4 per cent. Sterling exchange, weak. Sixty-day bills, $4.8175; for cables $4.8325; for demand, $4.83. Bar silver, 4Sc. Mexican dollars, C7c. Government bonds, heavy; railroad bonds, easy. Time loans, firmer; 60 days, 22 per cent; H days, 2 3 per cent; Six months, 3 per cent. Call money, easy. High, 2 per cent; low, 1; ruling rate, 2; last loan. 2; closing bid, 1; ottered at 2. LONDON. Feb. 0. Bar silver, 22 9-16d per ounce. Money, 1 per cent. Discount rates Short bills, 1 per cent; three months, 1 per cent SAN FRANCISCO, Feb. dnvs. $4.81; demand, $4.83. 9. Sterling. 60 $4.63; cable. Naval Stores. SAVANNAH. Ga.. Feb. 9. Turpentine Firm ; 44 c: sales, none; receipts. 121 bar rels; shipments, 114 barrels; stocks, 35,033 barrels. Rosin Firm: sales, none; receipts, 744 barrels; shipments, 666; stocks, 138.534. Quote: A, B. $3.05; C, D. $3.07; E, $3.10; F, $3.15: G. $3.17; H. I. $3.20; K, $3.40; M. $4; N, $5; WG, $5.40; WW, $5.60 Australia Lifts Wool Embargo. MELBOURNE. Australia, Feb. 9. (Via London. 5:05 F. M.) It was announced of ficially today that the exportation of wool would be allowed to neutral countries with which . this trade was permitted prior to the reimposition of th embargo February tt.4 thii- viitlni. fha evnaftstinn wool to the United States will be allowed. New York Sugar Market. NEW YORK, Feb. 0. Some heavy trading was done late in tne uay in tne raw eugm spot market. A sale of 70.000 bags ot cen trifugal was put through at 5.0Jc and an other transaction of 25.00 bacs of cen trifugal was made at 3.02c for April ship ment. Americans Steady at London. LONDON, Feb. 0. The stock market was quietlv steady today. American securities opened arouud parity. Canad Ian Pacific, T'nlon Tneifif and Southern Pacific were R0 tive. but the ather stocks were dull during the session and the closing was irregular. Metal Mark el. NEW YORK. Feb. 9. Copper Quiet; elec- trolvtlc. 4.0rd)i4T : casting, X,bV& 14.0. Lead Steady; 3.756-3.85. Spelter Quiet: .Q08.2B. luiluth Linseed Market. DITLUTH. Feb. ft. Cash, linseed. $1.87 1.88 ; Mav, $1.88 ; September, $1.88 July, $1.80. Cotton Market. NEW TORK, Feb. 9. Spot cotton quiet. Allddllnir unlands. ... sales. 102 bates. Futures closed unchanged to two points higher. Iried Fruit at New York. NEW YORK. Feb. 9. ISvaporated apples quiet. Prunes firm. Peaches hardening. Chicago Dairy Produce. CHICAGO. Feb. !. But tar, unchanged. Eggs Receipts, 5(420 cases; market, uu changed. Hops at New York. NEW YORK, Feb. ft. Hops quiet. HOGS ARE DIE LOWER QUOTATION AT AG ATX $7.25. YARDS IS Cattle Steady at Former Quotations. Ao Sheep Are Sold Day's Rc ceJpfM Small. Monday's top price in tiie hog market was not maintained yesterday. Tho best price realized was 7.25, a dime less than buyers paid on the preceding day. Trade was rather quiet, as receipts were light. A few loaus ot steers were moved at prices running from $.25 to $7. Calves brought from $0.50 to SS.oO. No sheen or lambs were sold. Receipts were 6a cattle, 24 calves, 306 hogs and 183 sheep. Shippers -..ere: With, cattle J. Schnauber, feattle. 1 car. With mixed lots .1. S. Flint, Eugene, 3 cars cattle, calves, hogs and sheep: Talbott & Son, Manhattan. 1 car cattle and hogs: J. S. Flint. Junction City. 1 car cattle and calves: J. R. Rally. Stevensville. 2 ears :attle and hogs: C. E- Lucke. Lstacada, 1 car cattle and hogs. The day's sales were as follows Wt. Price; Wt. Price 5 hogs.. 1!4 $7.25 calves.. 270 $0.50 1 hog. 120 7.20; 1 calf 200 8.50 2 hugs. . 411.' .7.t 1 cow 07o 0.25 1 hog... 30 tt.25; 1 steer... 34)00 0.50 0 hogs. . 3 13 0.40; 14 steers.. 3213 6.50 8 hogs. . 180 7.2-n 23 steers.. 12H) 6.S0 lbull... llio 5.5l 1 steer... 3420 0.25 Scows.. 1O07 4.25' 11 steers.. 1112 7.00 31 cows.. 1107 0.251 12 steers.. 1102 7.00 1 cow... 9'fO 5 251 14 steers.. 052 6.35 lbull... li:W 4.50; 1 cow 1270 R.75 J1 cows. . 1120 3.115, 1 cow 310O 0.OO 1 steer.. 1020 7.'0' 1 bull 32!M 3.50 .".bulls.. 1343 4.o, lbull MO 3.50 2 cows. . 3035 6,25 1 bull 840 3. "O 1 cow... 830 5.5o. 1 hog.. .. 350 6.00 I cow... SOO 4.25 91 hogs... 215 7.25 2t calves. 340 8.00 1 hoe.... 370 6.S5 Prices current at the local stockyards on the va rious classes of stock : Cattle- Prime steers Choice steers ,..$7.50S.OO . . . 7.23 7.30 ... 6.75S7.23 ... 6.000.S0 . .. 5.00 6.00 Medium steers Choice CDwa Medium cows Heifers Bulls , .. 0.OO ft7.00 ... 3.506.00 tags , .. 4.50 tt. 00 . .. 6.25-37.25 ... 5.25 0.23 Hoei Light Heavy t-heep Wethers Ewes .' Lambs . .. 5.7&A7.00 . .. fi.009fl.00 . .. 6.25(9)7.80 Omaha Livestock Market. SOUTH OM A HA. Neb.. Feb. 0. Hogs Receipts, 26.000; market, lower. Heavy. $0.52 0.55; light. $0.45 ht 6.U0; pigs, 'fl.40; bulk Of sales. s;.;)0iy ti.iui. cattle Recefnts. 6OO0: market, lower. Nativo steeru $6f-8; native cows and heif ers, $4.75'itt.75; Western steers, $3.757.0O; Texas ste?rs. 5.1. ,tt : Texas cows ana heifers, $1.50(6.25; calves, $7&10. been Receipts. 1 .wo; marker, lower. Yearlings. J74p7.S5; wethers, $06.60; lambs is. 25 60. Chicago Livestock Market. CHICAGO, Feb. 9. Hogs Receipts, 30.- 000; market, steady at yesterday's average. Bulk of sales. $0.75 O.OO; light. $6.t5 6.0O: mixed, $. 05 50.90; heavy. $6.o0(g6.9O; rough. $0.50(0.05; piss, $5.406.70. Cattle KeceiptH. MJu; msruec, weas. xsa- t've steers, $j.imkS.8o: Western steers, $4.8 7.35 cows and heifers, $j& (.bo; calves, .7AUll. Sheep Receipts, 30.0OO; market, strong. Sheep, $0.25(5)7.10; yearlings, ? 7.)0ffS.lo; lambs, i.a'J. LIVESTOCK MEET HELD CATTLE AX D HORSKIIA 1SEHS' ASSO CIATION MEETS AT ritlXEVILLE. Officers Elected, 329 Members Re ported, V ith Representation of of 100,4S2 Head of Stock. FRINVEILLE, Or., Feb. 9. (Special.) The annual meeting of the Oregon Cattle and Horseraisers' Association opened here today. A total of 329 mem bers, with a representation ot 100, 48Z head of stock, and the addition of 35 new members were announced at the opening of the meeting. An assessment of 3 cents on each head 01 stock of the members was voted to carry on the business of the association for the en suing1 year. The election of officers resulted as follows: President, William Pollman, of Baker City; first vice president, William Blanchard, Prine- ville: second vice-president, W. H. Oouirherty. Portland; secretary, S. O. Carrell, Baker; treasurer, William Duvy. A reward of $250 was voted for the arrest and conviction of any person stealing from any member of the asso ciation. The next meeting- will be at Baker, Or., on the second Tuesday of February, 1916. There is quite a large amount of business to come up tomorrow. A lec ture by the State Health Officer was a feature tonight and later a smoker and reception was given in the Com mercial Club. WARM WIND CALLED GUARD Weather Man Tells Whitman Stu dents Why Crops Are Good. WHITMAN COLLEGE, Walla Walla, Wash., Feb. 9. (Special.) Stating that the Chinook winds of Southeastern Washington were responsible for the success of, the grain and fruit crops of this section and consequently were great factors in increasing the ship ping of the Coast cities. C. C. Garret, of the United States Weather Bureau, addressed the students of the depart ment of economics and business on the subject. ''The Relation of Climate to Commerce." Mr. Garret pointed out instances where the farmers of the Walla Walla Valley have been saved from having their crops frozen by cold waves through the timely arrival of a warm Chinook wind, when farmers in other sections of the country have lost thou sands of dollars. Commercial Clnb to Elect Feb. 12. JUNCTION" CITY, Or., Feb. 9. (Spe cial.) Dr. W. W. Hicks, president of the Junction City Commercial Club, has called a special meeting for Feb ruary 12 to elect officers. Advertising and the maintenance of an advertising man at the Panama-Pacific Exposition for Lane County will be discussed. GREECE BUYS OATS Purchases One Million Bushels on Atlantic Seaboard. WHEAT FIRMER AT CHICAGO Revival ot Kxport Demand Slorc Than Offsets Increase In Offer lnjrs by Farmers Argentine Freight Advance Factor. CHICAGO. Feb. . Revival ot foreign buvlne more than offset an increase of oountpv offorinia today in wheat. As a re. suit the market closed steady at .c to c net advance. Corn gained lHtlUc to "Hie net and oats (ilc to in provision the outcome wa 10&12!ic to 3oc decline. W'het trader, who usually act for sea board export-houses were conspicuous in the purchasing; here of the May delivery, and it was said a good deal of European business was done at the seaboard, but not made nubile. In addition, cash handlers here were known to have sold 10,000 bushels for export by way of tho gulf and to have received bids for more. Liverpool quota tions. too. were higher and there were ad vices of a further rise in freight rates from Argentina. Apparent loosenine of tho eoun. try hold on reserves nearly Rave the bears control or tne wneat marKet eoout raw day. Bulls contended, however, that aside from what is possessed by scattered rich farmers, reserves, especially in the Nortn west. were tho lightest in years 50 to 7ii per cent less than was the case 12 months back. Corn showed strength from the start. A sharp falling off in the movement from the country helped to advance prices, and there was an improvement In the export de. mand. Oats developed unusual firmness, despite free nrofit-taklnjr by holders. It was pros siped that a foreign government, presum ably Greece, had bought 1.000,000 bushels the seaboard, necessitating large ship ments from Chicago and Minneapolis. Heavy receipts of hogs acted as a weight on tho provision market- Buying was mainly confined to tho shorts. The leading: futures ranged as follows: WHEAT. Open. . . .1.3 ... 1.S95, Tfigh. t.4li 1.40 Low. Close, l.as I.39K .82 .S-' ,nn .! .07 .5814 May July CORN. Mav July 79T4 .81 ,S2 OATS. .91 .tS May July MESS PORK. . .19.10 VKITi IS.Sn ..19.45 19.-.0 19.1254 LARDl ..10.9254 10.93 10.7754 ..11.07 "4 11.10 10.9254 SHORT RIBS. . .10.20 10.2254 10.10 ..10.45 10.40 10.3254 Mar J8.0 19.20 July May 10.7714 10.92 July M 10.10 July Cash prices were: Wheat No. 2 red, hard. Jl.lUfn 1.85. Corn No. 4 yellow, 74tft7Sc; No. 4 white. 77 'a 77 54 c. Rye No. 2, JI.29. Barley, 813x'89c. Timothy. 5.506.50. Clover. 1214. F'rimary receipts Wheat, 717.000 vs. 680,- 000 bushels; corn. 1.074.000 vs. 1,120,000 bushels: oats, 731,000 vs. &60.0OO bushels. siupments w neat, i,uu,ouu vb. 4o.,uuu bushel: corn, 957.000 vs. 509,000 bushels; oats. 990.000 vs. 673,000 bushels. Clearances Wheat. 9T7.00O bushels: com. 554.000 bushels; oats, 399,000 bushela; flour, 44.000 barrels. Bradstreet s visible wneat increase. 1,157.000 bushels; corn increase, 3,004,000 bushels; oats, decrease 1,433,000 bushels. European Grain Markets. LONDON, Feb. 9. Cargoes on passage firmer, 3d higher. LIVERPOOL Feb. .- -Corn 54 d to Id 54d higher. Corn, higher. Cash wheat firm. 54 d to Id higher. PARIS, Feb. 9. Wheat and flour un- changed. Minneapolis (Sraln Market. MINNEAPOLIS. Feb. 9. Wheat May. 1.53H asked; July, $1.4854; No. 1 hard. No. 1 Northern, $1.53 54 1.57 54 ; No. Northern, sj.oub m i.oa Barley, 75(3&5c. Flax, tl-65 54 1.8854. Other Eastern Wheat Markets. DULUTH. Feb. 9. Wheat closed: May, 91.5554 ; July, 91.0154. WINNIPEG. Feb. 9. Wheat closed: May, 91.08 54 bid; July, 91.68 54. San Francisco Grain Market. SAN FRANCISCO. Feb. 8. Spot quota tions: Walla Walla. $2.402.42 54 ; red Rus sian, 92.402.424 : Turkey red, (2.4S 2.ju; bluestem, ?2.50J 2.5.);. feed Darley, Sl.bu; unite oats. S1.S2U 6 1.85: bran. :i2e42.50; middlings. $.WS1:tG; shorts, t:u34. :all ooara iiariey, easier. Ainy, i.oo bid, 1.65 54 asked. Fuget Sound Oraln Markets. SEATTLE, Wash., Feb. 9. Wheat Blue- stem. 91.57; Turkey red. J1.54: lortytoia, 91.50; club, 91.56; fife, 91.53; red Russian, 91.49. xtariey. per ion. yesterdav's car receipts Wheat, 3.1; oats, barley, 16: corn. 2; hay, 19; flour, 5. TACOMA, Wash., Feb. 9. Wheat Blue- stem, 91.57; fortytold, 9t.uo; ciuo, red fife. 91.52. Yesterdays car receipts wneat, oa; Dar ley, 5, oats. 1:J. : hay. 34. CROSS-STATE LINE SOUGHT Bond Issue of $100,000 Proposed for Idaho Railroad. L.EWISTON, Idaho, Feb. 9. (Special.) Interest here is high in the proposed railroad to connect northern with southern Idaho, as discussed by the Legislature. The State Highway commission nas asked for a $100,000 bond issue for a highway on vhich an electric line could be built. The plan of the State Highway Com mission is to have the state float the 9100.000. 5 per cent bonds, provided Washington County raised $20,000, Ida ho County. $25,000, and Adams County, $10,000. The estimated cost of the road is $350,000. . By using convict labor Its sponsors contend the state could save $200,000. This road would extend south from Grangeville to Whitebird, to Riggs, thence to New Meadows, the present northern terminus of the Pa cific & Idaho Northern. WIND CUTS BAKER SNOWS High Temperature Also Makes Farm ers Fear for Summer Irrigation. BAKER. Or.. Feb. 9. (Special.) Temperature of more than 50 degrees and a hard wind cut the snows from the hills Monday. Farmers in Baker County fear that there will be insuf ficient snow in the hills next Summer to supply irrigation. Snowfall this year has been from three, to four feet below normal in the mountains around Baker, and in the valley there is now not a trace of snow. Continued warm weather threatens to play havoc with the little snow re maining in the mountains. Many thou sands of acres of hay lands are about to be planted with wheat, and the farmers have been counting on enough water for irrigation. Unless there is a good snowfall soon there promises to be a drought which will offset the high prices in prospect for wheat. Creamery at YVenatchee Organized. WENATCHEE, Wash., Feb. 9. (Spe cial.) Articles of incorporation were filed Saturday for the Leavenworth Co operative Creamery with a capital stock of $5000 to do a general creamery business and assist the ranchers In The First National Bank FIFTH AND MORRISON STREETS CAPITAL AND SURPLUS $3,500,000 Interest Paid on Savings and Time Deposit Security Savings and Trust Company Fifth and Morrison Streets CAPITAL AND SURPLUS &10O.00O THE BANK OF CALIFORNIA NATIONAL ASSOCIATION of San Francisco. Founded 1864 Capital Paid in.... $8,500,000.00 Surplus and Undivided Profits $8,381,757.41 Commercial Banking. Savings Department. PORTLAND BRANCH Third and Stark Streets LADE) & TILTON BANK auatabllabesl ISM. Capital and Surplus Commercial and furthering the dairy business. The trustees are: J. B. Adams, James M. Gangler, U. H. Leftivih. M. Humohr, K. Frank. Robert B. Field and I W. Woodow. The principal place of bust ness is Leavenworth. ALBANY BOOSTERS KEEP ON More Officials Elected but Name Still Is to Come. ALBANY, Or., Feb. 9. (Special.) C. B. Winn, A. M. Hammer, B. R. West- brook and M. D. Good have been elect ed members of the executive board of Albany's new marching club and will serve with the officers heretofore elected by the yet unnamed boosting organization. The other officers are Fred Dawson, president; J. -. Aiinion. vice-president; Clarence W. Tebault, Jr., secretary; Harry B. Cuslrk, treas urer, and Frank C. Stellmacher, drill master. P. A. Young, Charles H. v ieder ana J. J. Collins have been named as a committee to pass upon the qualifica tions of applicants for memOersmp and L. M. Curl, William T. I'nni'k and J, L. White have been appointed addi tional members of the membership soliciting committee. The comittee in charge ot selecting a name is beins nesiegea yet wiin us gestions. The committee which is dig ging through tne avaiancne oi sugges tions is composed of Owen Beam, 1). O. Woodworth. Walter SL Parker, C. B. Winn and Fred Dawson. MOVABLE SCHOOL IS OPEN Agricultural College lias 12 Experts in Union County Lectures. LA CRAN'DE. Or.. Feb. 9. (Special.) with 12 exnerts on farm and or chard problems, the movable school of the Oregon Agricultural college -was opened in Cove, Island City, Imbler and Elgin yesterday for a ween s run in Union County. The 13 experts are ai virfci into four groups to be changed every day and a half. Automobiles carry the groups from point to point. Great interest is mamrestea oy tne farmers of the county. In. this section, the meetings deal wtih all the phases of farm and orchard problems. Big attendances marked each of the meet ings today. The speakers here this week include: C. C. C'ate. r.. n. ruts, F W. Kehrli, J. E. Larson, R. K. Rey nolds, C. C. Lamb, W. S. Schrork. W. F. Rrown. Miss Anna Turley, Miss Helen Cowglll. ' PHONE DECISION WITHHELD Railroad Commission Refers Pacific Company Case to Courts. ALBANY. Or.. Feb. 9. (Special.) The State Railroad Commission toua? held that the case involving tne riwni of the First National Bank ot Aiuanj to attach its Drivate intercommunicat ing- svstem to the wires of the Pacific Telephone Company must be settled in the courts. The trial began before Clr- enlt .Turlsre Galloway yesterday. When the new building of tne first National Bank was completed an Inter communicating telephone system was installed bv the Home Telephone Com pany and then attached to the lines of the Bell Company, it is ciaimeu, vnu out the consent of the company. Plans were being made to shut off the service of the Bell Company to the bank when a temporary injunction was secured re straining the Bell Company. FARMERS' UNION ELECTS V. S. Gossard, of Toppenlsh, Heads Three-County Organization. TOPPEN'ISH. Wash., Feb. 9. (Spe cial.) The Farmers' Union, of Kitti tas, Yakima and Benton counties, mot at Toppenish Saturday and elected the following-named officers: W. S. Gos sard, Toppenish, president; E. D. Knight, Wapato. vice-president; M. A. Brooks. Wapato, secretary and treas urer; W. E. Henry, Mabton, chaplain; Andrew Olson, Ellensburg, conductor; F. E. Morris, Grandview, doorkeeper; G. T. Hyatt, Toppenish: W. F. Medaris, Parker, and James Higgms. Wapato, executive committee. It was decided that each local of the Farmers' Union would send a delegate to a convention to be called to take up the question of marketing produce. T I Oregon Normal School Enrolls 300. OREGON NORMAL SCHOOL, Mon mouth, Feb. 9. (Special.) The second week of the Spring term of school opened with the enrollment swelled to 300. This is the largest attendance that the normal has bad sine the re- S2.000.00D Savings Uepositj opening. Mr. lMtttnan, i-urnl school supervisor and instructor, left on Sat urday for Cincinnati, where he will ap pear on the programme of the rural department. V. S. Olson, Promoter, Sued by Wife. ALBANY. Or.. Feb. 9. (Special.) N. 13. Olson, former well-known promoter In Albany, Kugenc, Brownsvillu mid other valley cities, has ltecu sue-d for divorce In the State Circuit Court net by his wife, Caroline oUun. Mr. Olson alleges that her hnlam) de serted her In November, 1913. Tln-y were married at Oreat Falls. Monu March 24, 19ol. Olson sold slock in insurance and mining companies slid other organizations for some time and also promoted a hospital organization. Trading Slump Tax liulorwrl. nOSEHCUO, Or.. Kfb. 9. (Special.) The merchants of RoHeburg are strong in their support of tlie legislative bill to tax trading stamps introduced Into the state by foreign concern. Reso lutions indorsing this Mil have been adopted and copies of the same have been sent 'to Douglas County's ltepre- senrntlvps tn the Stnle le T,ecH!ji(nre The Canadian Bank of Commerce HEAD OFFICE Toronto, Canada. Established 1867. A general banking business; transacted. Interest paid on time deposits. Commercial letter ot Credit iMued. Exchange on London. Fclao. llousbt and Bold. PORTLAND BRANCH. Corner Second and Stark Sta, F. 0. MALPAS, Manager. XstaLLUa' otiost San Francisco LOS ANGELES AM) SAX KIEOO S. S. ROANOKE Kails Wed., leh. 10. at F. M. NORTH PACIFIC KTlt t MSIIIP CO. Ticket Offleo reltll Offteo UEZA M M. U tout Itvrlhnia . lUla 114. A Ul I Mala tiua. a Mil nrvrir tr tot r o. g. S. ROSE t ITV KAIL S P. M.. 1KB. 10. SAN FRANCISCO LOS ANGELES The San Francisco A I'nrtland S. S. t ., Third and Washington (nllh -W. K. & N. CO.) lei. .Marnlmll 460U, A UNI, COOS BAY LINE SlEAUSUlr BKF.AKW'ATKK Sslls from Alnsworth dock, Portland. P. M ovary Tuesday Prslsut and Ucksi oftlca, lower Atniworlh dock, I'. A C. 8 8. S. L.IBO, L H. Keating, Agent. Phones Main Id0i, a Maz. City Ticket office, (to Win St. a W. BtJnger. Agsat. Pfcon Jlarsaail 4OU0. A lilJa DALLES-COLL l III A LINK. Steamer J. N. Teal eaves Taylor-sL dock Mon., Wed., Fri day at 11 P. M. for The Dalles and all way landings, carrying freight nitd ?atsengers. Returning, leaves Thn lalles Sunday, Wed.. I'l l.. 1 A. M. Tel. Main CIS. Faro $1, berths uuc American-Hawaiian Steamship Co. The Pinsma Cannl Linn." eiPKbss FTtEicirr lEiivin Between Portland, w York. Hoatoa, Philadeliikin and Cbarlratoa. For Information as to Katea. Sa Hires, Etc, Call on or Addraaa C D. Kt.NMvOV. .tmt, 270 Stark Btreot. Portland. Or. STKAMKIl SKKVICK Steamer 'HAKYhsr ill FKN" aves Ash-tri-t lo k daily el cent Saturday. H P. al.. for As. tnria and way points, tieturnlng. leaves Astoria uatly axves Bua da. T A. If. Ti-k( and reservations at O.-W. n. A N. City Ticket Offlea, Third and Washington streets, or at Ash-siroal louk Pkoaost MaiaoaU oftutk A Uii, .