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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 6, 1915)
THE MOKN7NG OREGOXTAN. WEDNESDAY. OCTOBER 6. 1915
EAST AGAIN BUYING
Four Hundred Cars of Wheat
Taken to Date.
LOCAL MARKET FIRMER
Bids at Merchants Exchange Raised
J to 4 Cents Demand for Brew
ing Barley at Higli Price.
Strength in Oats Ii vision.
A stronger wheat market in the East
yotterday Increased the demand In ihe
North -west for pram for Eastern shipment,
and buyers from that quarter who had been
talking: of reselling their purchases accord
ingly elevated their view. The cash mar
ket in Chicago was from 7 to 12 cents above
the December option. It is figured that
4O0 carloads of wheat have been bought
to date to go East, and the local trade
looks for a continuance of the movement.
Country business has again decreased, as
the Chicago advance has made farmers
Bids at the Merchants Exchange were
generally on a higher basis. Offers for
club were raised 1 to 14 cents and rei
wlieat bids were 1 to 2 cents higher. There
was a 4-cent advance in offers tor Novem
ber fortyfold and cents for the October
delivery. Spot bluestem was unchanged, but
November was raised 3 cents. ,
For the first time In weeks there were
bids for brewing barley at the Exchange.
Offers were made to buy 500-ton Jots at $27,
but sellers would not consider this price.
Feed barley was 50 cents higher at $-5.00.
The oats market was also firmer, with
bids raised 50 cents, the strength being due
to the advance In barley.
Bradstrcets reports the visible wheat In
crease this week at 14,000,000 bushels, the
corn increase at l,4t5,000 bushels and the
oats increase at 1,458,000 bushels.
Commenting on the European situation,
Broomhall says in his weekly international
"Firmness has predominated during the
week, and prices have assumed an unex
pected higher level, and tills is attributed
largely to light shipments to the United
Kingdom and disappointing native arrivals,
and this condition is commencing to render
British merchants nervous. There is very
littie assistance given to Importers from
.American Winters and Spring, which are
Quantities ashore and afloat are only
bout one-half as larse as usual at this
period of the season, but speculation is
checked by prospective large supplies, as
the British crops alone will provide
1,600.000 bushels per week untN next July;
therefore, our requirements from abroad for
inimy months should not exceed 3,300,000
bushels weekly. This appears smell in com
parison with North America's large exporta
ble purplus, even if requirements by Im
porters other than the United Kingdom be
come increasingly larse. and, therefore. It
Is believed that prices will remain on a com
paratively normal basis. Australia will have
a good surplus for export, and Argentina a
very fair amount.
"It has become increasingly evident that
Import needs from Italy and France will
be larger than earlier expected, and should
be at least 12S.00O.000 bushels, and if prices
remain satisfactory to buyers there should
be llberaj purchase by ex-Europe of per
haps 24,000,000 bushels above earlier ex
pectations. "Hljrh freights and other charges equal
ing a handicap of 26 cents per bushel should
preclude exporting countries from offering
at high prices, and assist native crop mar
keting." Terminal receipts, in cars, were reported
by the Merchants Kxchange as follows:
Wheat. Bar. Fir. Oats, Hay.
Snaon to date....
Reason to date
Year ago ,
Seattle. Monday. . .
Tear ago ,
Pennon to date....
HOP BCYIXG TV YAKIMA SECTION
Or fir five Hundred BiiIcm Change Hands
The only active point In the hop market
yerterday was In the Yakima section, where
over 5lK bales changed nande. The prin
cipal buying was done by McXeff Bros. The
lots purchasrd were those nf Frank Eg I in.
154 balos; Oeorge Eplin, 125 bales; Charles
Kglin, 145 hales, and P. N. Campbell. 120
bales. There was a report of a deal In
volving about a carload at Rickreall, -but
otherwise business in this state was quiet.
Prices ivmain unchanged at 9 to 10 cents
tor the qualities now being bought.
Shippers were disturbed by the announce
ment that the transcontinental lines would
not Issue through bills of lading on hops
intended for England, owing to the freight
congestion on the trans-Atlantic steamship
lines. The Canad ian roads, however, are
taking hops for through shipment.
A German papor Just at hand quotes the
Continental hop markets firm. The highest
grades of Austrian hops are quoted at
125 to 135 kroner, equal to 23 to 25 cents,
and the lowest grades at 10O to 105 kronor.'
equal to lS to 19 cents.
CANTALOITE SEASON IS NEARLY OVER
Laat Car of the Seain In in From Cali
fornia. The last car of California cantaloupes of
the season Is now being cleaned up on Front
street. Southern Oregon and local stock
will be used during the remainder of the
season and will soil higher.
Pal way peaches were received from Mer
lin and sold at 5llra 53 cents. Levi clings
re moving at tKHM.5 cents.
A car of l-aflyf inger grapes, the last of
th.t season, arrived and were quoted at $1.60
fr lug boxes. Southern Oregon grapes were
In fair supply. Malagas felling at S3 cents
and Takoy at $1. California malagas are
bringing $1.20 and Tokays $1.25. Local Con
cords were quoted at 32U cents a basket.
An occasional car of oranges still shows
Tjp. The market 1 very firm.
Poultry Prieea Are Reduced.
The poultry market was a weak affair
all day with large receipts and a poor de
mand. The best price quoted on large hen
was 1 -'i cents, while Springs sold as low
as IS cents.
Dressed meats wore also plentiful and
there was hardly any market for veal.
1'orU was barely steady.
No changes were reported in ths egg or
Gasoline One Cent Higher.
An advance of 1 cent per gallon in gaso
line was announced yesterday. The new
quotations are IS H: cents in bulk and 2t4
cent In cases. Nap t ha prices are also 1
cent higher, and engine distillate is ad
vanced half a cent.
Hams said Bartm Advance.
A revised provision list Issued yesterday
cuotes advances of 1 cent a pound on all
slut s of hams, top brands selling at 10
cents and standards at 17 cents. Fancy
bacon is also 1 cent higher.
Bank clearings of the Northwestern cities
yrt.eruay were as loaows :
Portland $2,2:il.0hl $151.17
Sattlc 2.03;.lu4 144. M'6
l acorn 413.1:6 41.773
npoKHne na,o 00,062
Would Reduce Odd Lot Dealings.
NEW YORK. Oct. 6. It will cost hk of
I per. cent to buy odd lots of securities here
after. This was decided upon at an infor
mal meeting of Stock Exchange dealers yes
terday and the new rule went into effect
Odd-lot dealers have agreed to the new
rate, the purpose of which is frankly stated
to be a reduction of this class of business,
which has been very heavy since the enor
mous speculation in war specialties began.
The usual charge of of 1 per cent be
low last quotation for selling orders is not
PORTLAND MARKET QUOTATION'S
Grain. Floor. Feed, Etc.
Merchants Exchange, noon session.
Bluest tin ....$3 .93
Club J Va
Red fife bS
Red Russian - .SO
No. 1 white, feed 23.50
No. 1 feed 25.50
November bluestem ...... .94
November club iH)
November Russian $5
November oats ........... 23.50
November barley 25. irO
November bran 1.00
November shorts 21.50
FLOUK Patents. 44.SO per
straights. 54.30; exports, $3.75$4: whole
wheat, 5; graham. 4.St.
M1LL?EED Spot prices: Bran, $23 per
ton; shorts. $26; rolled barley, $27.50 & 28.50.
CORN Whole. $37.50 per ton; cracked.
$3S.no per ton.
HAT Eastern Oregon timothy. $1516;
Valley timothy, $1213; alfalfa, $12.50
13.50; cheat, $I10; oats and vetch, $11
Fruits and Vegetables.
TROPICAL FRUITS Oranges, Valencias,
$5.505.75 per box; lemons, $2.254.50 per
box; bananas, 5c per pound; pineapples, 4
1&C per pound.
VEGETABLES Cucumbers, Oregon, 15
20c; artichokes, 73c per dozen; tomatoes, 35
540c per box; cabbage. 1c per pound; green
corn, 10. S 15c per dozen; garlic. 15c per
pound; peppers, 4 (3 5c per pound; eggplant,
4 5c per pound ; sprouts, 10c per pound;
horseradish, 12 Vic per pound; cauliflower,
GREEN FRUITS Cantaloupes. 85c?$l.S5
per crate; peaches, 50 (3 65c per box; water
melons, l'fflc per pound; apples, 75c$1.75
per box; pears, 00c p $1.25 per box; grapes,
S3c4t$1.60 per crate; casabas. IVtC per
pound : quinces, $1 1.25 per box; cranber
ries $9.50fi 10 per barrel.
POTATOES New, 70S5c per sack;
sweets. $2.40 2.50 per hundred.
ONIONS Oregon." $1 1. 10 per sack.
Hairy and Country Produce.
Local jobbing quotations:
EGGS Oregon ranch, buying prices: No.
1. 34c ; No. 2, 27c; No. 3, 20c per dozen.
Jobbing trices: No. 1, 3flc.
POULTRY Hens, ll124r: Springs. 13
4t 14c; turkeys, nominal; ducks, white, 13U
15c; colored, 10fe-llc; geese. 89c.
BUTTER City creamery cubes, extras,
selling at 314c; firsts. 2c; prints and car
tons, extra. Prices paid to producers: Coun
try creamery. 22p21c, according to quality;
butterfat. premium quality. 33c; No. 1, aver.
ag quality, 31c; No. ', 29c.
CHEESE Oregon triplets. Jobbers' buying
price, 13M:c per pound f. o. b. dock Portland;
Young Americas, 14ic per pound.
VEAL FancV. HKq-lOc per pound.
PORK 7 ,2 Cq. Sc per pound.
Local jobbing quotations:
SALMON Columbia River, 1-pound tails,
$2.30 per dozen: one-half pound flats, $1.50;
1-pound flats, $2.50; Alaska pink, 1-pound
HONEY Choice. $3.25 per case.
NUTS Walnuts, sack lotF, Ifiic; Brazil
nuts. 10c; filberts, 16$18c; aimonds. 10f?i!22c;
peanuts, Hc; cocoanuts, 51 per dozen;
pecans. 19(h.2:jc: chestnuts, 10c.
BEANS Small white. 5.6.".o; large white.
5!c; limn, 5c; bayou. 5.60c; pink, 4.83c
COFFEE Rr.asted, in drums, 1433c.
SUGAR Fruit and berry. $5.75; beet.
$.i.G5; xtra C, $5.25; powdered, in barrels,
$tt: cuoes. barrels, $0.15.
SALT - Granulated, $15.50 per ton; half
grounds, JOOs, $10.50 per ton; 50s, $11.50 per
ton; dairy. $14 per ton.
RICE - Southern head. 53Gc per
pound; broken, 4c: Japan style, 4tfr5c.
.DRIED FRUITS Apples, 8c per pound;
8 pricota, 13 f 15c : peaches, Sc ; prunes, Ital
ians. S'fi-Oc; raisins, loose Muscatels. Sc; un
bleached Sultanas. 7 " c ; seeded, 9c ; dates,
Persian, 10c per pound; fard. $1.65 per box;
currants, S4 tfD12c; f!g?. 50 6-ounce, $2; 70
4 -ounce. $2.25: 36 10-ounre, $2.40; 12 10
ounce, &3c; bulk, white TiffSc; black, 6c
Hops, Wool, Hides, Etc.
HOPS 1915 crop. 9&llc per pound.
HIDES Salted hides. 15c; salted kip, 15c;
salted calf, l?c; green hides. 13c; green
kip, Lie; green call, lac; dry, hides, 2oc;
dry calf. 27c.
WOOL Eastern Oregon, lfStf2Sc; Valley,
27 'f"2Sc; Fall lambs' wool. 24&25c.
MOHAIR Oregon; 27$r30c per pound.
CASCARA BARK Old and new, 34c
PELTS Dry long-wooed pelts. lStJe; dry
slu.rt-wooled pelts, llc; dry, shearlings. 10
6 15c each; salted shearlings. 15jf25c each;
dry goat, long .hair, 13c each; dry goat
shearlings. 10 w 20c each; salted long-wooled
pelts, September, 75 fir $1.25 each.
HAMS All sizes, choice, 19c;
17 Vac; .skinned. 14&17c; picnics,
tage. roll, 1M:;C; boiled, 17i 2tic.
BACON Fancy. 29 fg 31c; standard,
24c: choice, 1S$ 22c.
DRY SALT Short, clear backs. 12H
14'4tc: exports. 13(g 14 He; plates, lOffllc.
LARD Tierce basis, kettle rendered,
llVac; standard. lOc; compound, 8c.
BARREL GOODS Mess beef. $21. SO.
plate beef, $22.50; brisket pork, $20; trip,
$10.50(11.50; tongues. $30.
KEROSENE Water white drums, barrels
or tank wneons, 10c; cases. 17 p 20 c.
GASOLINE Bulk, 1 3 H: c ; cases, 20 He;
engine distillate, drums. 8c; cases, 15c;
nuptha. drums. 12,ic; cases, 19fec.
LINSEED OIL Raw, barrels, 69c; raw.
cases, 74c; boiled, barrels, 71c; boiled, cases
TURPENTINE In tanks, 59c; In
tkk:; 10-case lots, lo less.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Butter. Eggs, Prults, Veg
etables, Etc., at Buy City.
SAN KitANCISCO, Oct. 5. Butter Fresh
extras, 27c ; prime firsts, 20c.
Eggs Fresh extras, 41'c; pullets, 3"V4c
Cheese New, 1215Hc; California
Cheddars, 16c; Young Americas, 14c.
Vegetables Summer squ:ifh, 30?50c;
string beans. 1 r 2c; wax beans, 2 g 3c ;
lima bea-ifi, 2fy 2 Vc ; green corn, $1.25 eg)
1.15; tomatoes. Ii0fy.40c; cucumbars, SO 40c;
bell peppers. 4 0 '3 60c ; egs plant. 30 4i 40c
artichokes, 20g35c; celery, 10 20c.
r ruit Lemons, $3fl 3.o; oranges. $4(3
4.75 ui ape I'm it. $2o 3.50 : nineannlea.
Hawaiian. $1 "r 2 ; bananas. Hawaiian, 75c
$1.50: apples. Bellefleurs, tsOol'Oe; Lit-ctduous
fruits: Grapes, needless, $1 ft 1.75; Tokay.
$l$i 1.75: pears, $lffjl.50; peaches, freestone
and clingstone, 40'50c.
Potatoes Delta, 75 90c: Salinas. $1.25 3
1.40; ewttets, on street, $1.40(1.50.
Receipts Flour 34SO Quarters. harlev
!3.27 centals, beans 4475 aacks, potatoes
l'Jbl sacks, hay l'.o tons.
Strong Indication- on AVest Coast of
Olympic Peninsula Reported.
OLYMPIA Wash.. Oct. 5. (Special.)
Oil excitement, dead for nearly a jear since
the pricking of the Tenino bubble, has been
aroused ain by reports of a discovery
between Ciuilayute and Forks, Jefferson
County. 011 the west coast of the Oyiiu
A well on private property Is now down
to the 1 70O-foot level, where strong In
dications of oil in ballings are reported
Francis C. Mul grave, of Seattle. repre
senting the Interests behind this well, yes
terday leased 3120 acres of adjacent state
land. Reports of a discovery, which leaked
out last week, however, enabled s-veral
p peculators to aeai mu grave to Olympla
these men taking several leases Bcinnrti
mg iu rjkceaB hi iiv acres.
NEW YORK. Oct. Still higher prices
were reached in the cottnn market here
today, January contracts selling- at 13.Hc
at the open lute, or 91.50 per bale above last
nlpht's closing figures, on a renewal of ex
cited general buying.
Spot cotton steady. Middling uplands,
12.73c. Kales, 1 72 ." bales.
NEvV YORa, Oct. 5. Copper stead v. Elec
Iron steady and unohanffed.
The Metal Kxcfaanga quotes tin quiet,
The Metal Exchange quotes lead 94-50.
Spelter not quoted.
Iiied Fmit aU New Torfc.
NEVW YORK. Oct, 5. Eraporated apples,
quiet. Prunes, easy. Peaches, steady.
Hop at New York.
NEW YORK, Oct. 5. Hops, steady.
WAR STOCKS BREAK
Rumors Cause Heavy Selling
LOSSES RANGE UP TO 15
Artificial Character of Movement in
Contract Shares Is Demonstrat
ed Sound Investment Is
sues Hold Their Own.
NEW YORK. Oct. 3. Reactionary ten
dencies were uppermost throughout today's
session, despite the making of new high
records in the war shares. It was this par
ticular group, however, which manifested
increased heaviness and the susceptibility of
these issues to adverse Influences mere
rumors in fact demonstrated anew the artl-
iiciai and speculative character of the sen
sational movements in this class of stocks.
belling of many of these Issues ware re
sumed at the outset, the decline being in
the nature of a continuation of yesterday's
late operations. The early decline was soon
checked, mainly as a result of the improve
ment shown by railways, but even this
maneuver failed to offset, a second decline
setting in before noon.
Durinr the mid-session. r rices were asrain
lifted, in some instances rising over their
rirst recovery, but all these gains were
wiped out later on the circulation of reports
of an accident to an American war vessel.
This caused another more hurried scramble
to unload, such Issues as Baltimore Loco
motive. Crucible Steel. General Electric.
Westinghouse, Bethlehem Steel. Continental
Can and several of the motor shares break
ing 5 to 15 points from their high quotations
01 the previous hour and bringing the aver
age level well below yesterday's final prices.
When It was learned that the accident
consisted of nothing more than a minor ex
plosion on a torpedo-boat In home waters,
prices Immediately retrieved a part of their
loss, only to go still lower In the final hour.
The selling of that period was accelerated
by activity on the part of theshort interest,
which recognized the hollow tone of the
market and made the most of the situa
tion. Liquidation was mort extensive in trie
later dealings and support was lukewarm at
best. The outcome resulted in the closing
of numerous marginal accounts and to that
degree the market now presents a stronger
technical aspect Total sales amounted to
Among the new records made while prices
were at their best were Bethlehem Steel,
up 5 to 4O0; General Motors. 5 to 305.
and Continental Can, 11, to 127.
Bonds were irregular to heavy, with fresh
foreign selling. Total sales, par value, ag
gregated $3,820,000. United States bonds
were unchanged on call.
CLOSING STOCK QUOTATIONS.
High. Low. bid.
32 Vi 32 32 "4
43 44 H
65, 64 634
G 63 iVi r
70 6t;-Ji 74
87 85 K.-.
lOSVi 10S ls
32 v 1 25 14
"73 72Vi "72
104 S J03 3 nr. i
123 312 313
400 310 swo
so i-i H4
3i 15U--S, i.v.114
52 -i 51 r.i
51i 504 SO T
87 86 80:
"24 H 21 4 "22Vi
48t 4H 40ss
fil 5 r.i
10314 1)5 05 Vi
Alaska Gold .
Am Beet Sugar
Am Locomotive 2'-
Am Smel & Ref. S.20O
Am Rugjr Ref In ".00
Am Tel & Tel.. l.OOO
A mer Tobacco . . 21
Anaconda Cop. 6,500
Bald Locom... 31. 000
Bait & Ohio 2.4i'0
Bethlem Steel.. 3.4K
Brook Rap Tran 3.30O
Cal Petroleum... 1.2no
Canadian Pac. 30,0n
Cent Leather.... 8.000
Chesa & Ohio. . 2,:i0O
Chi. Great West
Chi. Mil & Ht P 2,500
Chi & N W
Chi. 1 & Pa. 17.10O
Chlno Copper.... 3.5O0
Colo F & Iron.. ID.Ono
Crucible Steel.. 3O.300
D & R G
do pfd 200
IMst Securities. 49,100
Gen Electric ... 10.200
Gr North pfd... 500
Or North Ore ctfsl4.40O
Guggenheim Ex. 2,500
Inter Con Corp. . 2,ino
Inspiration Cnp . 503
Kan City South.. too
Lehigh VMley... 1,600
2 4 26 20
1402 145 14."
01 88 8
344 32 :::t
4 3 3T4
67 a4 654 6514
35 15 1,4 1514
tS H7 97
70 fi! i8fc
115 114 113
310 310 HO
31 ant; 30
44 42 42
113 1124 313
364 302 3 61
25 25 25
354 3.-3 352
52 5 1 52
03 02 02
18 1K 1S
144 338 138
66 63 63
332 331 331
80 78 78
314 314 314
60 11714 67
77 70 76
3:7 331 332
5S .17 57
365 350 340
day 1,173,000 shares.
M iaml Copper. ,
. " 80O
. 3,1 OO
m v Az 1 pi a. ..
Miss Pacific . .
I Nevada Copper.-
rs x central. . ..
N Y. N H H
Norfolk & West
Nor Pacific . . .
Pacific Mail . ..
Pac Tel & Tel. .
Pull Pa C?r . .
Ray Con Copper 228
Reading 30. 300
Rep lr & Cteel.. 10.2O0
South Parifl... .vo
South Railway.. I.'.h.o
Studebaker Co. . 3HS
T?nn Cooper. . . . 10. .100
1 exas (:o
Union Pacific. . . 700
U S St"el . l.r.75
no pfd 1,300
Utah Copper. . . . 7,000
Western Union . . 600
Westing Electric 1.264
Montana Power. 1,200
Gen Motors 500
U S Ref 2s reg.. 97 INor pacific 4s... 00
L S Ref 2s cou. 07 INor Pac 3s....62siB
o - reg JMri i-ac 1 & t rs... n
L. .Ss coupon. .lOnjpenn Con 4s 103
S 4s reg 109 ' y0 Pacific Ref 4s 85
is 4s coupon.. mn Union Pac 4s 02
Am Smel s 106BtUnton Pac Cc 4s 1
Att'hison Gen 4s 91jlT S Steel 5s 302
D & R G Ref 5s 40 So- Pacific Cv 5sl00
N Y C Gen 3s.l05
Boston Mlnln Slocks.
BO?TOX, Oct. 5. Closing quotations:
Aiiouez . INlpissing Mines 6
n im tK. oui .... .1 1 . tsuiie IT
Ariz mm 'A ilJla Dominlun .
Calumet & Hec.545 I Osceola
Cal Sc Ariz 63 (Quincy
Centennial 17 (Shannon
Cop Rg Con Co. 54 ' Superior
E Butte Cop Mn 12 Sup & Bos Min
Franklin fi v. ,Tamarack
Granny Con .... 84 1 U S S R & M .
Greene Canana, 3H do pfd ....
Isle Roy (Cop). 27 !Utah Con
Kerr Lake 3iWinona
!-ake Copper ... 33 .Wolverine ....
Mohawk 73 Butte & Sup .
Meekly Bank Clearings.
Bank clearings in the United States for
tne weeK ending September 30, as reported
to Bradstreet's aggregate $4, 063.616, 0U0,
against $'1.4iii,.J."7.Ou0 in the previous week
and $2,530,667,000 In the sam week last
year. Following are the returns for the
past week, with percentages of change as
win ioi cu mi luo uorreeuonaing weeu las
New York . . .
Kansas City .
Baltimore . ...
Los Angeles .
Milwaukee . . .
$2, fits, 37, 00O 10
I'U 9, 704,000
' t r-Q..i
'ort I and. Or.
salt Uke City
6. 670. 000 31 7
3.337. 00" 4.6
Money, Exchange. Ete.
NEW YORK, Oct. 3. Mercantile paper.
3t?3i per cnt.
sterling. U i-tiay bill,, $4.60; demand,
14.70: cables, S4 7000.
Bar silver. 493ie.
Mexican dollars. 3S4?c.
Government bonds, steady; railroad bonds,
Tims loans, firm; 1)0 days. 1U per
cent; 90 days and six months. 23 per
Call money, firmer; high, z per cent: low.
1 per cent; ruling- rate. 1 per cent; last
loan, i p-r cent: closing bid. I i per cent;
offered at - per cent.
SAN FRANCISCO. Oct. 5. Mexioan dol
lars, 10c; 4xaft. alias, ifcc; telegraph, sc.
Sterling exchange, 60 days. S4.H7K:
mud, $4.70; cabie. $4.71.
LONDON, Oct. 5. Bar silver. 13 13-ltfd
Money, 4 hi per cent. fc
Stocks Quiet at London.
LONDON. Oct. 5. American securities on
the stock market were idly steady. A few
high-priced shares received attention, but
the others were neglected.
Gain Is Smaller Than the Trade
NEW YORK. Oct. 5. While business wai
by no means general, the market for cof
fee futures was a little more active today
with indications that the continued steadi
ness of Brazil and a somewhat smaller in
crease in the world's visible statement for
September than expected, had attracted a
little Wall-street interest. The market
opened at an advance of 2 to 4 points, and
closed at a net gain of 6 to 11 points, with
March selling at 6.47c and May at 6.56c in
the late trading. Sales, 11.750 bags. Clos
ing bids; October, 6. 27c; November 6.30c;
December. 6.35c ; January. 6.89c ; . ebruary.
6.44c; March, 6.4Sc; April. 6-53c; May, 6.5Sc;
June. 6.63c; July, ti.6bc; August. 6.72c;
Spot, steady; Rio. No. 7, 6c; Santos, No
Cost and freight offers were reported to
be a shade hie her. with Quotations for
Santos' 4s raneine from about S.tiUc to
8.75c, although it is reported that Brazil
sold here yesterday at 8.50c. Saies of Rio
s were also reported late In the afternoon
at 6.60c English and 6.65c American credits.
Rio exchange was 3-32d higher, with the
Rio market unchanged and Santos &0 reis
The world's visible supply Increased 336.
601 bags for the month of September, mak
ing the visible on October 1, 9,855,475, com
pared with io.062,S70 last year.
HOG MARKET IS STEADY
TOP ftUOTATION HOLDS AT S6.30 AT
Cattle Carried Over From Precedin
Day Are Disposed Of .No
Exoept for the hogs sold yesterday, all
the business done at the yards was In stock
that was carried over from the preceding
day. The quality of the cattle offered was
only medium, and the prices realized ac
cordingly -were low. The stock was mostly
Ono bunch of hogs brought $6.30. the
current top quotation, but the bulk of
tbo eales were at $6.25.
ihe lays recemts were 31T h and
the shippers were: August Jock-sl. Center
vllle, a car; T. L. Duncan, Roosevelt, 1
car; J. C. Brad hand. Home, 11 head by
The day's sales were as follows
V t. Price. Wt Price.
..104O$4.5j 1 cow 1054 $4.75
. ..1050 4.&0 1 cow 10-fcO 4.00
. .1012 B.1i0 S hogs .... 120 4 50
.. 9$5 5.0O, 1 hog- 340 4.50
. 7T.6 4.5j 10 hogs .... 148
.. 730 76 hops 160 fi.25
.. 73t 4.00 9 hoKS 134 4.00
. 72l 4.00 43 hoKS 207 6.30
.. S... 3.2.I 1 hog 200 5.50
. .. 750 2.30J 35 hogs .... I'OO 6.5
. .. 950 3.00! 2 hORS 225 5.50
.. S45 3.75' 7 hOKS .... 253 5.00
. .. 880 4.25J 1 hoK i0 5.75
prices at the local stockyards of
7 cows .
2 cows .
3 cow . ,
2 cows .
1 COW . .
the various classes or llwaiork n
. 6.00 li 6.25
, "1. J5 ii 5. 7f
, 5.0oi 5.i
. 4.50 j 50
5.00 a 5.H5
4.50 '-tru. 0 0
. 5.2O'0 5.CO
, 4. 75 6.00
, 4. 00 tr 5.50
5.50 o 7.0O
Ewes . .
Omaha Livestock Market.
OMAH.V. Oct. 5. Lios RcPint SlO0
higher. Heavy, $7.257.50; light, 97.651? S. 15;
piRs. $6.&U(i3 (; bulk of tales, 37.407.6.
Cattle Receipts 90OO. steady. Native
stto?rs, 86.75(7.7; cowh and heifers, $5.5ir,j
estern steers. tai8.il: Texas steers.
95.80 6 7.20 : cows and heifers. 85.25 & 6.50;
calves. $7 ti 10.
tiheep Keceipts 30.000. steady. Yearlinsrs.
75 eg. 6.75; wothera, 95 6 ; latnbs. 8S.35 't$
Chicago Livestock Market.
CHICAGO. Oct. 5. Hoes Receiots 9000.
strong. 10 to 15c above yesterday's average.
limn. i.ov'fi b.u ; UKnl. (.iio s.3 i ; mixed,
$7.10-g' 8.50; heavy. 97.05 8.30 ; rough, J 7 Cd
7.20; pis, $5&.7.60.
t'at tie RecelDts. 600n. stead v. Native hf
steers, 96-10.30; Western steers. 86.60-57 8.80;
cows ana neuers. 83.iU(frS.4o; calves, 97.75(g)
Sheep Receiots 1 6.000. weak. Wethers.
85.60r9 6.55; lambe. $6.75 (fr 9.1 0.
SAVANNAH. Oct. 5. Turpentine firm.
37f.S. S.tles, 115 bbls. ; receipts. 307 bbls.;
shipments, 2til bbls. ; stocks, 15,0tH$ bbls.
Rosin nominal. Sales. 1!00 bbls. ; receipts,
12-"6 bbls. : shipments, 205 bbls.: stocks. OO.-
tKlS bbls. Quote: A, B, C. X. 3:!.4u; E. 93.42i;
F. O, H, $3.45: J. 3-50; K. $3.75: M. 94.50;
N, 9100; WG, $5.SO; WW, $0.00.
Chicago Dairy Produce.
Ecss unsettled. Receipts 5400; at mark. I
cases included, lr qj 1 S c; ordinary firsts,
23 "rf 23 'i c ; firsts. g4 24 Va c.
New York Sugar Market.
NEW YORK, Oct. 6 Raw sugar steady.
Centrifugal. 3.503. 64c; molasses, 2.73
2.87c. Refined tjuiet.
roluth IJnneed Market.
DUIATTH, Oct. 5. Linseed, cash, 91-63;
December, 91.776; May, 91.83.
$500,000 MORTGAGE GIVEN
Plttock Block and 100-Year Lease
Assigned to Insurance Company.
A mortgage for J500,000 by Henry L.
Pittock and Georeiana Pittock in favor
of the Prudential Insurance Company
of America was placed on record in
County Cleric Coffey's office yesterday.
The instrument covers the Pittock
block, bounded by "West Park, Tenth,
Washington and Stark streets, both
real- estate and building. A 9-year
lease to Herbert Flelshhacker, which
expires in 2012 A. D.. is included, this
being assigned to the insurance com
pany. The mortgage bears interest at the
rate of 6)i per cent from August 2.
1915, the date of its execution. The
principal is to be taken up at the rate
of $15, Goo on February 1 and August
1 of each year, beginning with 1918.
This is to continue until August 1, 1925,
on which date the balance of $275,000
becomes due and payable.
The loan was negotiated by the Title
Ac, Trust company.
Centralia Ivy May Be 21 Mills.
CEXTRALI A. Wash., Oct. 5. (Spe
cial.) The City Commission held i
special meeting yesterday to hear ob
jections to the 191a budget. None were
forthcoming. James McClure. Iewis
County Assesssor. yesterday submit
ted figures to the Commission show
ing the assessed valuation of the city
to be J2, 442, 500, a decrease of approxi
mately $50,000 under last year, and the
commission pruned its budget about
$2500 to meet this decrease. There is
$51,292.50 to be raised by taxation.
wnicn means about a Zl-raill levy.
Warrants 'Wanted Despite Low Rate.
CENTRALIA. Wash.. Oct. 5. (Spe
cial.) itecently tne local school dis
trict lowered the interest rate on its
current expense warrants from 7 to 6
per cent. At the time the reduction
was made the local banks opposed the
move "on the ground thatit would be
hard to dispose of the warrants, but
they have been In such demand that a
reduction to 5 per cent is being con
sidered. Every one per cent reduction
means an annual saving of about $700
to the district-
That ostriches once grew IS feet In
Height is shown hy remains found In the
Islaad. of Madagascar.
UPTURN IS SHARP
NET GAIN EXCEEDS CENT
Eastern Speculators Invest Large
Fercenta ge of Thei r Pro fi ts
in Grain Canada Ofrers
, Wheat at 3rinnea polls.
CHICAGO. Oct. 5. Wall street buying
was a cenerally accepted reason for a ma
terial upturn that took place today In the
wheat market. Only about half of the ad
vance was held, however, the close being un
settled. Net Fains amounted to lc, with
December at i:c and May at $1.00x. Other
leading staple all finished higher. Corn
was up ic to lie, oats Hv Wc to c,
and provisions ISc to 85c.
Belief developed stronrly that Eastern
stock speculators were Investing In wheat
a largre percentage of their profits. The
fact that on the ensuing bulpe the realizing-
sales turned out to be quick and heavy
did not seem to disturb opinion and was
ascribed chiefly to pressure of Canadian
wheat at Minneapolis and to vosslp that
the Canadian duty on shipments to the
Unite'l states would soon be repealed.
Corn values rose mainly as a result of
freezing temperatures, accompanied by some
reports of crop damage. Bear leaders,
however, were aggressive sellers on the ad
vance. Oats followed corn. Shorts were the best
Provisions jumped In consequence of re
ports of immense transactions in cash
meats and lard, and because of higher
prices on hogs. It was said 10.000 tierces
of lard had been sold for shipment to Eu
rope, and that 2,000.000 pounds or bellies
also had been disposed of. ,
Leading futures - ranged as follows:
... .JSS .3S
. .. .37 .3SS4
9.03 8 53
9.20 8 97
9.02 9.12 9.02
9.20 9.23 9.17
('ash prices were:
Wheat No. 2 red, $1.11: No. 3 red, 81.08
til.OSVi; No. 3 hard, 91.051.08.
Corn No. 2 yellow, 6263c; No. 4 yel
low. Jc. .
Rye No. 2. 97c.
Harey 53 f(y teOc.
Timothy $3(1 7.50.
Clover 913& 19.
Primary receipts Wheat. 243.000 vs.
2.056.0O0 bushels; com. 1.114.000 vs. 409.O00
bushels: oais. 937.000 vs. l.."V05.000 bushels.
Shipment Wtieat. 1. $43,000 vs. 1.2OO.000
bushels; corn. 262. 000 vs. L"i3.0O0 bushels;
oats. SSS.OWO vs. 939.000 bushel.
Clearances Wheat, 1, 146.000 bushels;
corn. 1 r..H. bushels; oats. 279.00O bushels;
flour. 28.0OO barrels.
;nin etock this .week Wheat, 1, 094.000
bushels; last wck, 724,000 bushels; last
year, 4,74 4,600 bushels. Corn. 1.8O4.0O0
butK?s: last week, 96G.0O0 bushels; last
year, l.S.'O.OOO bus-hels. Of.tf. 4.6RS.Ot0 bush
eln; last week. 4.463,000 bushela; last year,
ForWcn Grain Markets.
Bt:ENOS A1KES. OcL S. Wheat un
changed ; corn,- 1 lo 2 hiBher.
Minneapolis Grain Market.
MINNEAPOLIS. Oct. .". Wheat Decem
ber. MSc; May. 9Sc: No. 1 bard. $1.01;
No. 1 Northern, 07c$l.O0.
Parlny 47'S r.Oc.
Klax $1.S2'a8 1.B7H.
Kastern Wheat Markets.
KANSAS CITl'. OcU S. Cash wheat. 1c
to 2c higher.
OMAHA. Oct. 5. Cash wheal, 84c to 4e
UUT.TITH, Oct. B. Wheat closed: Decem
ber, Siiic; May. 9HC.
WINNIPEG. Oct. 4. Wheat closed: Oc
tober. 91tc; May. 91c bid.
KANSAS CITY, Oct. 5. Wheat closed:
December. 96 He; May, 96c.
ST LOUIS, Oct. 5. Wheat closed: De
cember, $1.01; May. $1.00.
Grain at Kan Francisco.
SAN FRANCISCO, Oct. 5. Spot quota
tions Walla. S1.6IM1.C2; red Russian,
II.S2H ei.o: Turkey red. 1.08 1.62V4 :
bluestem. $1.65(9-1.67 ii ; feed barley, $1.20
(S1.22H; white oats. tl.301.32"4 : bran.
J26W27; middllnKS. $30 a 31: shorts. $36 9
rn board Barlev. Deocmber $1.28 bid.
1.2S asked; May. $1.34 bid. $1.37 asked.
l-us;et Sound Grain Markets.
KKATTI.R. Oct. 6. Whest Bluestem,
r.c: fortyfold. U2c; Turkey red. 2c; club,
0':c: fife. S5c; red Russian. S.lc.
Barlev. $25 per ton.
VMniHv'. car receipts Wheat 114, oats
10. barley 20. rye 1, hay 31. flour 10.
TACOMA. Oct n. Wheat Bluestem. 93c;
fortvfold 83c: club, Stfc; red fife. S3c.
Car rccelptB Wheat 52. barley 1. oats 1.
hay 10. ; -
NEW COAL ERA 15 SEEN
H.UISUPIBLD JUDGE SAYS RAIL
WAY COMPLETION WILL, CUT PRICE.
New Branch of Sootbra Pacific Will
Conaeet Kntjcie With Fields
EUGENE. Or., Oct. 5. (Special.)
The completion of the Willamette-Pacific
Railroad from Coos Bay to Eu
gene will change the character of fuel
burned in the Willamette Valley, In
the opinion of Judge John S. Coke, of
Marshfield. who arrived here this
morninir to preside in Circuit Court
cases in which Judge G. F. Skipworth Is
dlsyualified by reason of previous as
sociation or personal interest.
It will be possible to ship coal to Eu
srene to be sold cheaper than wood
when mining development now under
way is completed and the new branch
line of the Southern fac.nc is in oper
ation between the coal fields and this
city, he said.
Judge Coke declares that the South
ern Pacific and other interests are pre
paring to open mines on a large scale.
At the Beaver Hill mine, owned by the
railroad, a depth of 3200 feet on a 32-
degree slope has been reached, he an
nounced. Judge Coke sees a wonderful future
for his home county.
"With only water transportation, e
cepting the recently constructed timber
road, a community of 10.000 people has
grown around Marshfield. he stated
"We have the harbor, timber, coal and
dairying, and unusual' combination of
"Harbor improvement at Coos Bay.
representing the investment of $700.
000, has just been completed. The dis
trict raised $600,000 by bonding, and
about $100,000 was contributed by prl
vate subscription- We now have 31
feet of water inside the harbor at ordi
nary high tide and 36 feet of water on
the bar at ordinary high tide."
Diking Contract, $98,614, Let.
CATHLAMET. Wash.. Oct. 5. (Spe
cial.) The contract for diking 3000
acres of Puget Island was awarded to
the firms of Montague & O'Reilly and
li Rw- 1
The First National Bank
OF PORTLAND, OREGON
Offers to the public all the advantages
of an old, reliable and well connected
institution. It seeks to characterize
every transaction with integrity,
promptness and courtesy.
Capital and Surplus
Collins & Stevens, for $98,614. These
firms will also take the bonds for that
amount. The highest bid was $168,000.
This is one of the largest diking proj
ects on the Lower Columbia.
ASSESSfJENT ROLL READY
Lincoln County Official Announces
Summary for 115.
TOLEDO, Or.. Oct. 5. (Special.)
The following: Is a summary of the as
sessment, rolls for Lincoln County for
1915, as compiled by Assessor V.". E.
Acres of land. 44t,A19. value..
Improvements on land. ....
ion lots ......
Improvements on lots
Improvements on Government and
Boats and machinery
M "ii-jy and notes
Horses numbering- 13S7, value
Cattle numbering Soil, value
Sheep numbering 2Srj. valuo
Ooats numbering iU7(.. value . .
Swine numbering 1474. value
Dors numbering 50, value
The figures do not Include public
CLUB HOME PLAN REVISED
East Side Buslnes Men Learn Cost
Too Much for Finances.
Kstimates of the cost of the pro
posed clubhouse for the Kast Side Busi
ness Men's Club, to be built at East
Alder street and Grand avenue, are
being revised by the architects. Camp
& buPuy, to bring the cost within the
recources of the holding company,
which will put up the building.
According to the flrst figures tne
cost would be $18,000. which is about
$4000 above the holding company's re
sources. Plans for the building; of the Citizens'
Bank have been finished.
OAILY. METKOKOIXHJ1CA1. REPORT.
PORTLAND. Oct. r.. Maximum temper
ature, 6 degrees: minimum. 44 degrees.
River reading, s A. M.. 14 feet; change In
last 24 hours. t.0 foot. Total rainfall tS P.
M. to I p. M). none. Total rainfall since
September 1. 1915, J.ir, inches: normal, 2 38
Inches; deficiency. 1 23 Inches. Total sun
shine. 8 hours 44 minutes: possible. 11 hours
29 ralnutrs. Barometer treduccd to sea level)
i P. M., S0.2O Inches.
si ' s
eta I io.na
.(KV. . NW Clear
.!;.. -V Rain
. 06jl6,N W. Cloudy
oi . 'v
Des Moines . . .
.00! . . W 'CI....
00. .SW t k?r
.00 10 s 1't. i-loudy
OI'. . SV .FoffKy
06;1S N -Clear
.00 .'N (Cloudy
. 10j..N Clear
.00. ...E Clear
.00;. .,sw iflear
.001.. !V rkir
.0010 s .Cloudy
.1210 w V loudy
.04 10 NE (Rain
Ga 1 vt-uton .....
Kansas City . .
Los An ire Its .
Marshfield . . .
.New Orleans .
New York ....
North Head ..
H . ...SV (Cloudy
00 li SW -Clear
OO . .'aV jciear
oo,issw pt. cloudy
00. . .V Clear
00, calm (Clear
IH . . .-i clear
O0lS XV 'clear
OO . . N W Clear
.00:12 XW Clear
vvaua walla .
30 1 . .
A moderate deDresslon eentral nv.e v.pih
Dakota and Manitoba overlies tho Northern
Plains States and Dortlons of th. Vopth.m
Rocky Mountain States, southern Saskatche
wan and Minnesota; tha pressure. Is low also
in me extreme iortneast and over Call,
fornla and Arizona. Tlw oressure t hlrh
over portions of the country. Precipitation
has occurred in Canada. Montana, the Gulf
and Atlantic States. ana thunder storms
were reported from Florida. The weather ts
warmer la Interior, sections of the Pacific.
Slope, the Ba-in. Central Plateau and Cen
tral riaini states, Minnesota, the Valley of
Red River of the North, and on the North
Atlantic Coast: temperatures in general are
lower la other sections, especially in the
western portion of the Middle Atlantln
States. Montana and luterlor Western Can
The conditions are favorable for con
tinued fair weather in this district Wednes
day with northwesterly winds.
Portland and vicinity Fair: nnrthw.Kl.rlv
Oreron and Washington Fair: not miich
chance in temperature: northwesterly winds.
Jdaho Fair; not much change In temper
ature. THEODORE V. DRAKE.
"NOHTHEKN 1A IHl"
2.h"dd" r or ban rrancisco
Best of trip In daylight, $."0 round
trip. One w.y. 8. fix, -vV. Jnclutriff
mnil and berth, (.earner xpreaa
(atceL parlor cars and coachoa)
leava North Bank Station 9:30 A.
M.. arrives 4:25 p. M. Sunday.
NORTH BANK T1CKF.T OFFK7R
1-lKrH AJiI fT ARK.
Phona li road way a 671.
Ticketa also at Third and Morrisoa,
100 Third gU and 34S WashinKton St.
Honolula, Suva. New Zealand
THK PALATIAL PAaSL.NuKK bTL.VMfc.lla
-Ut,(joo tons dia. tia.oou tona a.a.i
laU from A.NCOt'VEK. B. tDl . O'L
21. Nov. t4. AddIv Caoad.an I'm.-, fie Kil.
wa 6S Third Pftrtlaod. Or., or to the
tanaaiao AQMraiaiiai Hojai Hail uii, 44V
Twla "Pslsees .f tk MtH&
A general banking business
Interest paid on time deposits.
Comsnerclal I-etters f Ocallt
Eirissite on London. ICas.In.iiU.
BoHsfct and sold.
Corner Second and Stark Sts.
F. C MA LP AS. Manager.
T KA V ET.K Ry ;rilB.
inllboit Ckaase Kn Route)
( anlcrtn blr,
S. S. ROSE CITY
Sails From Alnnivorth Dock
3 P. M., OCTOBKR .
1UO 1. olden .M Ilea vu
- o I Din bia H I v r r.
All ItutrN InrlHde
Iter tha und Mraila.
1'nble and Service
I nei celled.
The Saa KranrUco JL' Port In ad S. S.
Co., Third and Watihlncton treetM
lth O.-W. II. X. Co.) Tel. Uroad
vt ay 4oOO, A VIZ I.
CutupaDte (.enerale I't-annxtlantlque.
Sailings Froa PiEW .OtK to BORDEAUX
CHICAGO Oct. 16, 3 P. M.
LA TOUKA1NE Oct. 23. 3 P. .AL
ESPAGNE Oct. 30. 3 P. M.
KOCHAMBEAU Nov. 6, 3 P. M.
THE NEW QUADRUPLE SCREW
S. S. LAFAYETTE
Maiden Trip From N- Y. Nov. 13.
KOU INfuKilAl'lu.N Al'PL.
C W ?t.nc. 80 tb so., A. L. iuHri:tn,
r&o MurriMia t.: fc. Ik. daxrliMto. C. M. Jt 1 1.
F Kv.; i;orry B. lmith. 1 lt 3d M.; K. I.
Baird. tut t.; 11. IliekMon, i4H V ah-
incton !.: Nn li liank iioail. Oth and feu- -k
t-x F. S. Mo-r arlund. d and n Mintloa
at.; E B. lu ilj. 14 Md tt.. ronland.
t : :
santa Barbara, i.os ANjt:ui
AND SAN DIEGO.
S. S. ROANOKE
Saila tVednpsfla.v. Uetoher , U I. M.
El Kt-KA AMI SAN iKAM IM II.
S. S. SANTA CLARA
sails Saturday, October 9. 6 I. M.
Ticket Office 122 A Third St.
Phones Main 1314. A 1314.
O-W. R. & N. CO.
S I I- A M Kit MIRVICU.
Steamer Harvest H u e e a
leaves 8 P. M. daily exceDt
Saturday for Astoria and way
points. Ko turning, .paves Astoria 7
A, M. daily except isunday.
Ticketa and reservations at O-W.
H. & N. (Union Pacific System)
City Ticket Office, Washington at
Third, before 5:30 P. M.; after that
hour at Ash -street dock. Phones.
Broadway 4500. A 6121.
Krclffht and tHKHcnffer
feTKAMhHN TO Til K OAI.LES
ad fft lndinca.
Leaves portund dnt. at j A- M except
Sunday and Mcndaj Sunda cxcurMaox
to CaJ-ad Lock leave v a. - &l
Learet Portlana lue.Ufc. 1 aa.dty s nd
EundSY at 7:UO A. U.
Hunday Cascade I-urkw Excursion. ?L.
a are to Tile Dalle, and Ketilrn aa.
aLDI R-sr. DOCK. PORTLAND.
rbones Main 14. A &112.
American-Hawaiian Steamship Co.
C I. Kennedy. Ait. X tu war St. Portland.
1SEW ZEALAND AND JjOITH SLAJ4.
Reffular. throuRh aatllnic Cor liyduay rta
Tahiti and Wellington In m ban Francisco
Octobar 18. November 10, Oocember & and
- 28 dava Send for pampblac.
Colon ttteaman.n Cw. of New Zcitlund. Ltd.
Office Civ Market atreet. San Araaaiactt,
r local S. es. and R. R. aaenta.
MT. HOOD AUTO STAGES
Dally to Mount Hood raaorts t A. M.
Round trip S; Oo. Camp $7.&ft.
Special rata for wee a -end and climb
ing partlea Icformatlon. rarvax.loaa
ar.d ucktu at
KO( TI KliOK rSFFD FLORAL CO,
19 a Mala 866, A 5a 1L
Or Irvine too Oaraga. Eaat lift.
li i si-si r mil i IT i IT i g it 1' " i 1 1