THE aiORXINfc OREGOXIAN, THTJRSD AT, OCTOBER 21, 1913.
WHEAT TURNS WEAK
A .arve part ot the trading recently
been between dealers. Most of the business
to data has been for account of short sales.
WAR
GROUP
HIGHER
Lower Prices Offered Through
out Northwest.
DEALERS NOT KEEN TO BUY
FIRST CORX1CHOX GRAPES RECEIVED
Fruit Is of Good Quality and Sells Well at
$1.33 Concords Higher.
Cornichon grapes made their appearance
in the market yesterday and sold at $1.35
a crate. Local Concords were scarce and
higher at 17Vs20 cents a basket. Other
grape prices were unchanged.
There was a fair demand for apples with
Jonathans most In favor. Tbe majority of
sales were of $1 to l.SO-frulU
Local cauliflower was in larger supply and
most of it of good quality. Tomato receipts
are declining and the market holds steady
at 4 cents for tbe best.
Eastern Markets Are Depressed by
Action of I'rencu Government in
Imposing High Tariff on
Imported Wheat.
The wheat market, which has been strong
ef late, took a turn the other way yester
day. Bids were reduced all along the line
and buyers were Indifferent about taking- on
fresh supplies and at the same time looked
tor more sailing pressure from growers.
The Eastern cash markets declined 1 to
2 cents and options at Chicago went off
about aa much. The action of the Frenca
government In putting an Import duty on
wheat was a deprerslng factor everywhere.
There was one sale at the Merchants' Ex
change. 500 bushels of November blnestem
at 91 cents, a drop of X cent from Tuesday's
price. Forty-fold bids were lowered 1 to
1 Vs cents and club offers were half a cent
lower than th. day before.
The coarse grains were quiet, but generally
steady.
The patent flour market Is irregular. Sev
eral of the mills have raised their list price
-0 cents to $5, but others are holding at the
eld quotation of $4. SO.
Canadian visible grain statistics follow:
Wheat. 15,200.000 bushels; year ago, 24,
E8?,000 bushels: oats, 14,364.000 bushels:
year ago. 4.285.000 bushels; barley, 032,000
bushels; year a?o, 708,000 bushels.
A Chicago grain man. In a statement
just issued, givei the following reasons why
he believes May wheat will sell as high, or
higher, than last year, when the top was
11. 60.
First From our own statistical Informa
tion believe milling crop of wheat not over
7S0.000.000 bushels, probably less.
Second Export surplus of 123,000.000
bushels will be used up by January 1.
Third Winter wheat acreage according to
eur figures, will be 20 per cent less thaa
last year.
Fourth Visible supply 18.000,000 bushels
versus average of 40,000,000 bushels.
Fifth Small milling stocks.
Sixth Flour stock half usual amount.
Seventh European crop turning out
poorly.
Eighth Supplies of all countries will be
needed next Spring to take care of Europe,
Ninth According to our estimates .there
was not over S6.000.000 acres planted to
wha; In tho past year, though Government
save 40,000.000. On basis of SO-ycar aver
age Increase wa havu not averaged over
2.O0O.000 increase In all, counting the aver
age for all grain and at the rate tna
department of Agriculture makes Increase
In the last six years, they will show an
average annual increase of 6.000.000 acres,
which is beyond the ability of this country
to cultivate.
Terminal receipts. In cars, were reported
by tha Merchants' Exchange as follows:
"Wheat .Barley Flour oats Hay
rortland. Wed. ll.i 17 JO
tear ago.... 4 I
Feafton to date. 5.1 KO 701 P2:i
. Year ago T0."S tiltf SS8
Tacoma. Tues.. 4,-
Year ago r.H
Season to date.34KO 170 ....
Year ago o.'ill -l." ....
Keattle. Tucs.. P:S 1'. 5
Year ago 4.', 1
Season to dste.Sfin-j 2:; sol
Vnr ago S.VJS .111
7
7
40
KIT
111
4 !
60o
13
4
720
701.
21
U
843
IBli.
16
2t
3 021
l'ilu
Sugar Advances Agala Today.
There will be another advance In local
sugar quotations today, this time of lO cents
a hundred. The Eastern market was strong
and 5 cents higher yesterday.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances.
Portland 2.284,uu7 14.3;2
beattl 2, 361. 05. 275,820
Tacoma 31U.!i;ia 32.SJ1
Spokane 745.340 120.06U
I-ORTL.1M) MARKET QUOTATIONS
Grain, Hour, led. Etc.
Merchants' Exchange, noon session.
uctooer delivery:
"Wheat-
Bluestem 1
Fortyfold
Club
Red fife
Red Russian
Oats No. X white feed . . . . :
Barley
No. 1 feed
Brewing
Bran ....... .........
Shorts
Futures
November bluestem ....
December bluestem
November fortyfold .....
December fortyfold ......
November c-luu
December club
November fife
Decern ber fife .........
November Russian ......
December Russian ......
November oats
December cats
November barley, feed .
December barley, feed . .
November barley, brewing
December barley, brewing
November bran
December bran
November shorts ......
December shorts
FLOUR Patents, 14.80 per
straights, f4.80ig4.60; exports, 14.10; whole
wneat, ; granam, t.cu.
MILLFEBD Spot prices: Bran, $24 per
ton: shorts, 125; rolled barley, 12930.
CORN Whole. $37.50 per ton; cracked,
$38.50 per ton.
HAY Eastern Oregon timothy. 1516;
Valley timothy. 112ijj!13; . alfalfa. !12.50ii
13.50; cheat, t'J&lO; oats and vetch, 11S
12.
Bid.
,&8
.07
.05
.92
.1)2
20.75
27.50
21.UO
21. 50
.lS
.OS
.07
.117
.!5
.05
.112
.02
25.00
25.25
LM.75
2H.SO
27..W
27.50
21.00
2I.OO
21. 0O
21.00
Ask.
1 .lu
.au
..id
.03
.oils
25.50
27.75
28.50
22.50
23.00
.00
1.00
.113
1.0
.00
.07
.93 ti
.04
.04
.94
Soioo
27.50
2S.00
28.50
28.50
22. 50
23. 0O
23.00
23.00
barrel ;
Advance in Stock Prices Is
More Orderly.
COPPERS ALSO IN DEMAND
EASTERS OMOS AND POTATOES SHORT
Crops Cut Doirn in Frodurtne; States Kn.t
of Mississippi River.
t Smaller onion nod potato yields In the
T,nxt are Indicated y the Government's
monthly crop report. In the case of onions
his will be of benefit to grower In Oregon
by providing a larger market. The official
report Bays: J
"The onion crop, which promised cen-'
tonal yields and production earlier, has
diHappointed e:pectations. owing; principally:
to losses from flooding- of the fields, which
drowned out a large part of the crop in Ohio
and Indiana, and to rot occasioned by the
excessive moisture. Tho yield for the
Vnited States is estimated at 175.2 bushels
per arte, against J.Ott.6 bushels last year,
and the productiou at 81.7 per cent of a
full crop, compared with 81.4 per cent last
ror and 77.6 in 101:..
"Potatoes continued Uurinpr Srptcmber the
serious decline begun in August, damage
belns generally reported from all of the
nore Important producing states. Frost west
f tho Mississippi and blight east of the
river covered the important potato states
ulthin a fow days during the latter part
f August, and have been followed through
out September by serious rotting, both In
tlie ground and of the harvested crop. Pota
toes , for home use are being shipped into
heavy potato-producing territory in Eastern
and Southern Michigan, The late crop suf
fered most. In states where an early crup
la produced it was generally good. The
Colorado crop is reported as being the best
Jn years, though some Western states re
pert deterioration. The yield forecast Octo
ber i, 38.l5l,noo bushels, is still slightly
above the five-year averag.e though 6 4.000. -
punnets less man me ravorable promise
on August 1. and RS.OOO.OOO bushels less
than last year. The crop may be further
reduced through Joss in storage, as th
keeplne quiility of the bulk of the crop
threatens to b- poor.
ORFCON WOOL SALES AT BOSTON
Fine tirade Taken on Banin of 61 to 65
About a.OOO.OOo pounds of wool changed
bands in the Boston market in the past
we'k, and prices were declared to be firm.
Among tho transfers was a quantity of
Ore sro a fine wool sold on the basis of 04
to 65 cents. About 45.0OO pounds of "Wyo
ming fine and fine medium cost in the
neighborhood of 05 cents. Other sales were
1OO.0OO pounds of Montana fine at 24 cents.
HHt.uOO pounds of Soda Springs clothing at
24 cents, costing about 6: to 67 cents
I clean, 150.000 pounds Soda Springs quarter-
blood at aifi cents, about 300,000 pounds
of various grades at private terms. J50.000
pounns ew Mexico fine at 25 to 26 cents,
or bo to 6T cents clean: 200,000 pounds
rnioraao line medium at 26 to 27 cent
62 to 63 cents clean; 50,000 pounds Sod .4
.primes quarter-blood at cents, 73,000
pounds Montana three-eighths blood at o3
rents, 100.000 pounds Wyoming three-eighths
Mood at 2tt to 30 cents, 100.0OO pounds
Wyoming low pair-blood at 27 cents.
Rood -sized lot of Wyoming quarter-blood
at 32 cents.
Low sorts or scoured wools have bean
conspicuously active. The grades of scoured
below 53 cents In price have been most In
demand, mills having foreign overcoating
contracts to complete being particularly In
tereated. Choice scoured territory wools
are quoted at 65 to 66 cents for white fine
and 62 to 63 cents for fine medium.
Fruits and Vegetables.
TROPICAL FRUITS Oranges. Valencia,
95.50 & 3.75 per box ; lemons, $2.25(5 4.50 per
box; bananas, 6c per pound; pineapples. 4VS
&' tic per pound.
VEGETABLES Artichokes.. 7500c per
dozen tomatoea, 8040o per box; cabbage,
1 o per pound : garlic, 15o per pound ; pep
pers, 4 5c per pound ; eggplant, 4 3 So per
pound ; sprcuts, S1i 10c per pound; horse
radish, 10c per pound ; cauliflower, i0cf5
$1 .25 ; Lima beans. S c; celery, 60 & 7uo
per dozen.
GREEN PRTJITS Peaches, 4045o per
box; watermelons, llo per pound; ap
ples, 75cSl.75 per box; pears, $lj21.23
per box; grapes, S5cJl.35 per crate; casa
baa, mc per pound; cranberries. SD.SO'tflO
per barrel.
POTATOES Qrcsron, 83(ff90c; Yakima, 1
per sack: sweets, $1.102 per hundred.
ONIONS -Oregon. $1.35 per sack.
Dairy and Country Produce.
Local Jobbing quotations:
VGGS Oregon ranch, buying prices: N'o,
1, 36c; No, 2, 27c; 'o, S. 20o per dozen.
Jobbing prices; No 1, 8840c.
POULTRY Hens. LltylSc; Springs, 13 H
1 4c ; turkeys, 1 7 1 8c ; ducks, white, li
15c: e:ored, 10(3'lc; geese. Sr&'lOc.
BUTTER City creamery cubes, extras,
selling at 31 He; firsts. 0c; prints and car
tons, extra. Prices paid to producers: Coun
try creamery. 222Wc, according to quality;
butterfat, premium quality. 33c; No. 1 aver
age quality. 31c; No. 2, 20c.
CHEESE Oregon triplets. Jobbers buying
price, 14o per pound f. o. b. dock Portland;
3foung Americas, 1 5 Vic per pound.
VEAL Fancy, 10-tflOVfce Per pound.
rORK Block. SftSSc per pound.
briskHeT hogs
Steel Most Active Share In Entire
List on Favorablo Trado Ad
vicesBond Market Is Firm
With Broad Trading.
NEW YORK, Oct. 20. Aside from it
more orderly aavance in specialties today's
market presented no pronounced features of
new Interest. war shares dominated tbe
session, with some latent strength in a few
of the representative- rails.
Bethlehem bteel made the new high
record of 529, wn advance of 29 over lis
previous maximum. Other stocks that re it
lstened new high quotations included Stude-
ouKer, up ?, to 176, and American
Woolen, 2 to 57. There were gains of 1
to 3 points in such specialties as American
Locomotive, Baldwin Locomotive, American
Car & Foundry. Lackawanna Steel, United
States Industrial Alcohol, Distillers Se
curities and the fertilizers.
Metal shares, especially Inspiration Cop
per, were In demand with a revival of
rumors of consolidation of Inspiration with
Anaconda. Foreign refined copper also
proved a factor in that quarter of the list.
Among the backward specialties were
Westing house. General Electric Air Brake
and a few others which recently claimed a
large measure of speculative attention, con
solidated Gas made a further decline with
the approach of tbe time for action on the
dividend.
United States Steel was again the most
active of th former favorites, in fact of the
entire list, attaining its best price in the
early afternoon, when liberal buying m
large individual lots was resumed. Its rise
coincided with trade advices which
ported additional price advances for finished
materials and an increased inquiry for pig
iron and raw products. Steel fell back in the
final trading, however, the balance of the
list, especially railways, denoting moderate
pressure. The closing was irregular and dun.
Total salea amounted to 920.000 snares.
Estimates of November interest and div
idend disbursements show an Increase of
over S13.OuO.000 compared with the eorre
spondlng period of last year, and account
in large measure lor the prevailing mone
tary ease.
New foreign credits. Including one for
Russia, were under discussion la banking
circles.
Bonds were firm on diversified dealings.
Total sales, par value, aggregated $4,410,000.
Government bonde were unchanged on call.
-CLOSING STOCK QUOTATIONS.
Closing
bales.
1,700
21.SO0
6.100
7,800
30.700
14,000
200
1,500
1,300
3O0
21.10O
Alaska Gold. ...
AlUs-Chalmers.
Am Beet Sugar.
American Can..
American Loco.
Am Hm & Refg.
do pfd
Am Sua Rcfg...
Am Tel & Tel..
American Tob..
Anaconda Cop.
M1D-A KEK OFFtaiMXtiS ARE
LARGER KCALE.
Msrkft la Holding: steady With 97.10
for Best Quality and Bulk,
of at 97.
There was a fairly active market at the
Stockyards yesterday, with utiles uf eight
or JO loads of hogs and two loads of sheep,
besides numerous small lota of cattle.
Tho market ruled steady throughout. The
top quotation of f 7.10 was maintained on
hogs, with one load bringing that price, but
the bulk of sales wer at $7. The cattle
offered were largely uf medium grade and
sold accordingly. .Sheep also moved within
the current runge of quotations.
Receipts were 35 cattte, 2 calves, 1109 hogs
and 1129 sheep. Shippers were;
With cattle A- Vubuhockler, West Sal
mon, 1 car.
With hogs. 1 car each C- H. Farmer, Mc
Coy ; Parker A Kopland, Plain view ; B.
Decker, Silverton; same. Woodburn; J U.
Uinsmore, West Stayton ; same. West Scio;
P. H, Staginan, Centervliie; Mat Mattson,
CeaterviUe; Robert AlcCrow, Goldendale: F.
K Basa, Whitcomb; T. R. Howard, Allstop,
4 nead, driven in; J. c. uegdon, Vancouver.
11 head driven in; V. Mori, Ores ham. 11
head driven in; T. . Calkin, Carleton, 4o
neaa uy Doai.
With sheup Al Nichols, Bend. 1 car
I. M. yarrow, Washougal, 4 cars.
W ah mixed loads J. S. Flint, Junction
City. 1 car cattle, calves and hogs.
1 he day s sates were as follows:
(MOKE HOPS ARE
IN
DEMAND
Wgt. Pr.l
3 033 5.."i)
P70
4 steers.
1 steer. .
1 fleer. .
1 steer. .
il Eteers.
I steer. .
U steers.
COWS. ,
II to s. .
1 cow ...
- heifers
3 heifers
1 bull
7 hogs.. .
1 hog
7.x r.ogs...
t7 hogs..,
8tJ hob'i. .
b7 hogs.. .
1 hog
1 hog
i hogs
4 hog.
4 hoKS. . .
5 hogs. . .
ltj hojis. . .
U hogs. . .
V strers.
1 steer. .
4 com s. .
1 cow. . .
1 cow ...
I cow . . .
4 cows . .
Current prices at
Wj
nr.
r.o
li:;o
1 1 r.
in 7
.S70
J50
o!M
2&
r0
114
147
l'lt."
ins
1M
17T,
17S
1SS
1i2
U 7.i
i :i
L".7
114
3." I
1 "-' -t
r.4.i
isj
1M0
. " Pr.
4
High.
44
66
JUS U
inn
J 11!
124i
7'4
10H
in.
87
18
3rt7ri
r.7s
i;;o
1014
no
J)4 V
Iow.
m
03 H
70 i
OS !4
nn
12
-r.',4
lio "A
113
SOI
S7
bid.
44
71
10Si
3 M T4
1S
!.-.S
3 7i
7i
I Hi! 1 .
si 'j
I I Vi
71
71'4
7
BO
344
lRIi
4'i
7
91 ?i
4l'i" "
?.4
1-H
l7St
'ii'i
441,
J 10
7li
7uT'
'lioi,i
SSH
"iTi
18
7Vi
15
!4
2
114
1 1 1 i
r.7i
"ft -Z
r.4?.
l7i
1r.
J. 'Ml
Kl i
R.-1
lir.'I
hoi;
7-1 H
PS
86'.
lS'i
It
5f. I,
1-
7
3 I
178
111
4Si
JOB
4.'.'i
;?
72 H
34
3-js
R7
1."
ino
11-,'
1114
sot,
7 'm
i
7'i
M-i
PS
17
;
IBS
J.l.-i
si ti
8.-4
11. "."i
P'i
7P!i
71
4
Alrhison l.ann
Baldwin Loco.. S:.0
Bait & Ohio.... a.fioo
Beth titeel 2.2O0
Br Rap Tranxlt. 4oO
Pal Petroleum.. .ro
Canadian Pac... 3,fo
Central Leather. 8.700
Ones : Ohio... ClOO
Chi Grt WBt.. 71.-J0O
Chi Mil & Mt P. 2.P.0O
Chi & N W l.ooo
c R I & p ny.. lo.r.oo
Chino Copper... ",Pno
coio Sc. Jron.. n.ioo
Crucihl. Steel.. 17,400
U KU PIrt . .
Dint Securities.. ;!poo 4J'i
Jb.ria .......... o.enn 'j.
c.cn Electric. . .. 2. .".no 57ni
Cirt Xorlh Ptrt.. T...OO l.'V.
Or Nor Ore ctfs. 7.oo 4i'
Ousaenh'lm Ex. J.soo os
Tllinois Central
3nt Con, Corp.. rl.ioo
ln5plratlon Cp. Sa.soo . 4B'i
Int Harv. N .1 . . noo lio'i
K C Southern.. 7on 8
hiKli Vallev.. 700 7.'i
Louis Jk Nash..
Mex Petr jleum. .no ni ?4
Miami Copper. . 2.500 r.4
M K & T pfd
Mo pacific 3.70O r.'.i
Nat'l Biscuit... 2oo I'.'S
Nafl Lead 2.B0O K!
Nevada Copper, 40O l.,
X Y Centrjl 1.7"0 aooi;
N- Y, X if & H. n.7on 82,
Xor S-. Wist.,.. 2.000 nni
Nor Pacific... J. 100 lliH
Pacific Ma'l...
Pac Tel & Tel.. B00 4R
PennsylvTnla .. 2.400 r,8
Pnil Pal Car
Ray Cons Cop.. r..40o
Reading 7.rt00
R.p Ir & Steel. 10,700
Houthern Pac. ..
Southern Ry.... B.200
Pludebaicer Co.. S7.000
Tnnesj? Pop. , 7.800
rexa company l.ioo
Union Pacific 10.::oo
do pf.l 4')
U S St-;1 122,r.no
do pfd r.oo
T'lrih Copper.... 7.8A
western union.. 2.p'm
West Electric... 5S.OOO
Montana Power. 2.200
Gener-il Motors. 200
Total rales for the day. 020.000 shares.
BONDS.
U R Ref 2s res;. P7 iNor Pac 4s P1
do coupon ... P7 Nor Pac Zm .... H4
C H Ss reir 100i Pac Tel & Tel , 871
do coupon . . -10i , Penn con 4s....l0r
U S 4s reir ....10 sn pac Ref 4s ,. SK
do coupon . . .looir'nion Pao 4s ...
Am Smel Rs....lo ll'nlon Pac Cr 4s P2J4
Atch Oen 4s 83'ilU S Steel 3s 303H
I R O Ref 5s JSSBlSo rao Cv 6a... 101 V
X Y C Gen 3tjs.l08 I
Minins; Stocks at Boaton.
Oct. 20.
Clo'iny quotations:
8r,
2 cows. . .
3 cow. . . .
JO10 4. .'ill, 4 cows...
1110 4.50 5rnixe4..
1007 .Y2.- 1 bull
P1D 4..-u 2ralver..
P!5 0.2.11 3 heifers.
t4.-. 4.7.'.l 3 helfr..
U4o 4.7S! 1 hcifur..
3 17o 3.0O, :i hogs.. .
s 4.7.-.: :t host...
1O05 ,V.'5 4hous...
i:no o.r0j r. hosji...
ma 7.io! 3 hoes.. .
v 170 7 10 hoti...
2o 7.1U hojrs . .
1!'S 7.U"I S7 hoss.. .
3H.1 7.o flhcEs...
ITS 7.0o .li; hoes. . .
:;r.i) .7.V 2 hous. ..
2IMI .to , hoes. ..
4US . 101 ShoL-s...
;:.- lino 1 ho;,-....
;:si cool 4, hoss...
144 6.O0, 2 hots ..
141 .0o 13 hogs...
w, o.tio io hoss. . .
170 4..0, 6 hops.. .
.SSo 4.2. 14 t.CKS. . .
IHitl 4.oo Ji hogs . .
110 4.0t r. hogrs. . .
1320 ::.ji'! 26 hogs. ..
JioO 3.0H' 4 ho km. . .
8 io 4.00' 77 wethers
p?r. r..75:iri ewes.. . pi
the local Btockvant. nf
tne ta-nuus cmsses oi uvesiocK lira as zoi
lows:
Cattle
Choice steers .. Is.50 7.00
Medium steers 5.2a6.7i
Choice cows S.QUO&.DO
Oood cows 4.50&4.7S
Medium cows H.7o'a4.25
4.0U
3 "
2
4..-0
4.i
4.00
6.0.1
o.o.-
7.o;
6.05
7-0."
6.00
6.00
7.00
7.0.1
rt.O J
7.00
6.0.1
6.05
0.5.-.
7.00
6.011
ti.01
7.00
6.00
6..-.0
.oo
r,.o
T.oo
7.10
6 oo
4.C0
Offers of It and HVi Cents Are Mad. for
Hot Lots.
Offers uf 11 and 11H cent, for choice
licps wf reported from various parts of
the state yesterday. Tbera was a rumor
in the market that 11 H cents was th.
price paid for the 30O bales of the Mc
l.ou.hlln hops at Independence, boucht a
few day. ago. About 2 .Ml bales were pur
ch.scd yesterday IB the Woodburn Motion
by Salem dealers at 10 cents.
In Western Washington 11 cent, was be
tas offered freely. Herrens export pur
chase, at this prlc. amounted to about
CM bales.
Bulls
Stags ...
Ho?s
Light
Heavy
t?beep
Wetnera ...
Ewe. ......
Lambs ....
S.00 'gr4.50
4. 50 4. 23
6.737.10
5. 75 & 6.10
4.7K.-TC.J5
(-M8S.S0
6.60 7. Ji
Omaha Livestock Market.
OMAHA. Oct. 20. Hogs Bereipts. 4706
head; market lower. Heavy. S7.70fre: light,
S7.Sitrb.lo; pigs, $7S; bulk of sales. $7.7d
,.o.
Cattle Receipts. 7500 head;, market
steady. Native steers. $i.75$ry.75; cows and
h eif era, 5 50tr7: Western steers, $ q 8-50;
Texas steers. f3.S0t7.20; stocker. and feed,
crs. fi. 6008.14.
Hheeo .Receipts. 2L000 head. Yearlings,
S5.75&1.76; wethers. a3.506.50; lambs.
e.oots B. O.
Dalnth Linseed Market.
Dl'ttTH. Oct. ;o. Linseed, cash $l.$Ji
T30STOX.
Allouez f4 (North Butt
Am X I. Sc. S . . ei'iiOH Dominion
Ariz Com 7 Osceola .....
t al & Arie .... 6.1 Vv iCJulncv 83
Cal & Hecla .540 IShannon 7i
Centennial 3 7 "ft Superior 20 Hi
E Butte Cop Mn ICU'Sup A Bos Min. 2"i
Franklin i ITamarack E2!i
Granhy Con .... St u s s R tt Mln. 4:i
Isle Roy (Cop). 28 I do pfd 47 H
Kerr J,ake SHIrtah Con lSi.
Lake. Copper ... I'l I Winona . . . . . . . S
Mohawk 78'4 'Wolverine 57
Xiptselng Mines 6! Butte gc Sup ... 00
Money. xcliange. Etc.
NFW YORK. Oct. 20. Mercantile paper.
li per cent.
Sterling. 60-day bills S4.660: demand.
. t AC. . , T . i r r f.
Bar silver.' 49 c.
Mexican dollars, 8Se.
Oovernmant bonds steady; railroad ' bonds
firm.
- Tim. loans easier; 80 days and so days.
-- per .---ni . hi montns. a per cent.
Call money steady. Hllfh. 2 ner cent: low
1i per centt ruling rate. 1 per cent:
last loan. 2 per cent; closing bid, 1 per
ccm, uimrcu hi per cent.
BAN FRANCISCO. Oct. 20. Plerlin. R0
nays. t.ui,; aemand, ..4.6SH; cable,
Mexican dollars. 41c. 1
Drafts, sight Hie, telegraph 4c.
IJNDOX, Oct. 30. Discount rates ihnri
Dins ana tnree montns, 4 i per cent.
oar silver, ... fc a per ounce.
Money, 3 per cent.
Coffee Futures.
XEW YORK. Oct. 20. The market for
coffee futures was mor. activ. today, with
prices firmer on reports that a more active
business In the cost and freight market lat.
yesterday had been followed hy smaller
offerings from Braxll today. Th. market
opened at a net advance of 9 to 3 points
on a renewed demand, which seemed to
com. partly from Wall street ep cotton ex
change sources, and March sold up to 6.62c
and July to 6.80c In th. late trading. The
viose was . to s points net nigner. Fales,
octooer. a.ooc: November. 6.50c;
December. 0.5:ic; January, G.35c; February,
aiarcn, o.oic; Apni, a.bc; May. 6.70c
June. 6.75c: July, 6.80c; August. 6.60c; Hep
tember, H.poe.
Spot, steady; Rio 7s. 7e: Pantos 4. Sue
Cost and freight markes firm, srltb. quo
tations' ranging from about S.7.fo to O.OOe
foe Pantos 4s. while f.wf if any, offer, of
Rio exchange on London was l-32d higher.
with milreis prices unchanged at Santos
ana ,o reis nigner at Rio.
Metal Markets.
XEW YORK. Oct, 20. Copper steady.
ci.cinii.uc. lac
Iron steady and unch.nged.
Mtal exchange quotes tin quiet, 39.239
S0-..UC4
The metal exchange quote lead 4 Sie.
Spelter not quoted.
$500,000,000
Anglo-French Five-Year 5 External Loan
. v..
The joint and several obliga- .
tion of the governments of the
United Kingrdom of Great
Britain and Ireland, and the
v French Republic
dated October 15, 1915, due October 15, 1920, interest paya"ble 'April 15 and October
15, both principal and interest payable in New York City, in United States gold coin
without deduction for any presfent or future British or French taxes. Coupon bonds
in denominations of $100, $500 and $1000, which Nmay be registered as to principal.
Registered bonds in denominations of $1000, $i0,000 and $50,000 and authorized
multiples. Coupon and registered bonds interchangeable. Convertible at the option
of the holder, on any date not later than April 15, i920, or (provided that notice be
given not later than April 15, 1920). At maturity, par for par, into l525-year joint
and several 4y2 per cent bonds of the governments of the United Kingdom, of Great
Britain and Ireland and the French Republic, such 4y2 per cent bonds will be pay
able, principal and interest, in United States gold coin, in New York City, free from
deduction for any present or future British or French taxes, will mature October 15,
1940, but will be redeemable, at par and accrued interest, in whole or in part, on any
interest date not earlier than October 15, 1930, upon three months' notice.
A large amount of these bonds having already been withdrawn for investment, we, wh'ose names
appear below, offer, on behalf of a country-wide group of institutions and bankers,
the unsold balance, subject to prior sale and change in price.
PRICE 98, AND. INTEREST YIELDING NEARLY 5ty PER CENT -
Payment may be made either in full on October 29th, or, at the option of the pur
chaser, 50 per cent on October 29th and the balance on December 3d. Application
will be made to list these bonds on the New York Stock Exchange; temporary bonds
will be ready for delivery on or-about October 29th, exchangeable for the definitive
bonds when prepared. .
J. P. MORGAN AND COMPANY, New York.
HALL AND LEWIS, Portland.
BURDEN Oil WHEAT
French Duty on Imports May
Cause Slack Demand.
BREAK IN CHICAGO PRICE
Larger Kbtimute of Canadian JSaporJ
Surplus Is Also Depressing Fac
torHeavy Ileceipts Ex
pected at 'Winnipeg:.
CHICAGO, Oct. SO. Government orders
for heavy Import duties In Franc, put
new burden todav on wheat prices here.
Largely In consequence the market, which
wa. unsettled at tha close, showed a decline
of lVo to 1S61C net, with December at
1.MK1.04 and May at f LOSH 1.05 V-
xne ouieome in corn was me same as yes
terday t. HQ fee lower, oats were off H
to '4 1 j c and provisions down ITVic to 6.c.
Official announcement that Franc, had
put Into effect a stiff duty on wheat was
generally construed her. to imply, for al
least the time beins;, a decided slackening
eemand en this side of the Atlantic
Estimates were current - today that the
Canadian export eurplos of wheat mlsht
reach the immense total of - a.WOOO.OOO
bushels. Another forecast was that 2700
carloads would arrive at Winnipeg tomor
row, as against only leT ears on the cor-J
rcspnnains; usy a year afco.
Corn rave way. owing- to the Tine weath
er and tha weakness ot wheat. A sharp
buliro In price- at Liverpool had only
Slight tempoVary effect on values here.
n the oat. crowd Ifte chief raolor was
the bearish action of other g-ralp. Com
mission-houses hou.ht only on th. decline.
fsharp breaks In the hoa- m.rk.t tumbled
down provisions. What little support thor.
was came almost entirely from shorts.
Leading futures Tan-red as follow.:
WHEAT.
Onen. Hirh. -
fl.OS'l ll.OSfi
1.0 TVs 1.07H
CORN,
...... .5S .5R i.
: .60 H .014,
OATS.
ST,
Z'A .0
MESS PORK. -
1.0 14-7 13.75
.,...,18.36 IBM ' U.1S
LARD.
"Dec.
May
Tec.
May
Dec.
May
Dec.
Jan.
Low.
1.04H
1.05
.K7i
5
.38-
.38',
Close.
1.04i
10K
, .6Js
.3s 5,
as :j
Nov.
Jan.
K.15
.0O
S.13
S.07
SHORT RIBS.
g.75
S.9S
8 2
S.S5
Dee.
Jan.
8.:
IS
S.S2
remher, D'oi May, fl.OO1. asked; Octooer,
l.OO'.S.
KANSAS riTT. Out. 2. Wheat closed:
December, $1.00 43-Sa: May, I 01 &-:..
FT. LOUIS. Oct. 20. Wheat closed: De
cember. J1.06; May, 1.0!.
OMAHA. Oct. -0. Cash whest. Sc. lower.
Corn and o.ts, &c lower.
KANSAS CITT. Oct. 3v. Cash wheat, lc
to Uo lower. Corn and ua,t. unehansed.
ST. LOUIS. -Oct. 20. Corn, unehanired to
?c higher. Oats. unchsnffO'l to Ho lower.
Minneapolis Grain. Market.
MINNKAPOLIH. Oct. 20. Wheal. Decern,.
ber. May. xl.Ol ( ; No. 1 hard, 1.04V
No. 1 Northern, i t.O0-! W 1.03 H. .
Barley, 4 s 5,c.
'lax, 1.S4 (j-p.l0'i.
Grain mt Hss Krancii-rf-o.
SAN FRANCISCO. Oct. SO. Walla. (4.704
1.T2W per cental; red Russian. II. Ih'4p 1.07 H
per cental; Turkey red, 1.72HI.7J per
cental: bluestem. t.751.77V per cental.
tt&rley. feed, $1.713 fg l.so per cental.
Oats, while. tl.nltSl.K7 ! pee cental.
Bran, J23.006S6.00 per ton.
Middlings. S80.OOesSl.00 per ton.
Whorls, f-5,5o 020.00 per ton. .
Call board Bariey, December. tl.S2k per
rental lid, (1.33 asked; May, 1.4u per cen
tal bid, fl.liVt asked.
Pujcet Sound tiralji Markets
TACOMA. Oct. ao.Wheat Bluestem. 9Uc:
Xortyfold, Ofto; club, P5o; fife, 02o.
tar receipts wneat. 4; nay, si.
SCATTLB. Wash.. Oct. 20. Wheat Blu.-
stent, W7;. turkey red. 06c; fortyfold, 90cl
ciuo, dc; rite, tuc; -red ttussian. tc.
Parley, 920.&O per ton.
Yesterday's car receipts Wheat. 93; oat
17: barley, )6; corn. 2; hay, 16; flour, S.
SA V FBAJ.TISCO PltOPCCB MARKJEI
rrire. Current oo Butter, Ecks, Fruits, Veg
etables, Etc.. at Bay City.
SAN FRANCISCO. Oct. 20. Butter-
Fresh, extra., 27c; primo firsts, -4 'jo; fresh
rirets, -,4c. . .
F.gs Fresh extras. 4S4c: pullet. 3 9c.
Ch.esa .New. trlfc; California ched-
uars. jtj",,c: louns; Americas, lac
Vegetables Summer souash. 40063c
.trine beans. 192c; wax bean., ltrc;
I'm. 0Vdo; reen corn, oucvoti
tomatoes. ISorcL bsll peppers. tOfr&Oo: cu
cumbers, 4Q S uc; esfrplant, 4030c; cream
squssn, auisooe.
Fruit Lemons, 3S.l5; oranses, 49
4.75; Erapsfruit. 12 to a. 50: nlneannles. Ha.
wailan, $1 per 100: bananas, Hawaiian. 73.
&$1; apples, Bellefleurs. bOlg-lHJCi deciduous
rruits: urapes. Tokay, aoauuc: part (IS
1.5; peaulles. 40SOc.
PotatoesDelta, S.lctpfl.00; Salinas, (1.S0
sjij.eu: sweets, on tna street. Kt.tt04P 1.4u.-
Onions California. 83c0tl.OO ser sack."
Receipts Flour. 3-ntl quarters; bariey;
tn.ya centals; Deans, .209 sacks; potatoes,
7305 sacks; bay, tons.
Hew York Bu.-ax Market. . -
NEW TOBK, Oct. ;o. Raw sugar firm.
(..niruuirai. t.ssc; molasses. s.s"o.
Keflned firm, unchanged . to 10 points
uiKiier. v.ui loar. s.ttre: eruenea. ft.ose:
mould A, .70c; cubes, &.5oc: XXXX pow-
. .. 9.00 S.07
Cash prices were:
"Wheat No. 2 red, nominal; No. 3 red.
tl.Ufc 1.13't : No. 2 hard, nominal; No.
bard, $1.0191,07.
Corn No. 3 yellow. $7(5 $7 lie v
Rye No. $1.0$ 'i.
Barley B$ac. -- '
Timothy $5 47.5.
Primary receipts What, 2,39,0OO vs.
l,r.78,OO0 bushels; corn. 327.000 vs. S90,eoo
bushels: oats, 44$, 000 vs. l.jct.000 bushels.
Shipment.. Wheat, LSOS'.OOO vs. 993.0OO
bushels; corn, $.7,000 vs. $9,.o bushels;
oats. 1,239.000 vs. 956,000 bushels.
Clearance. Wheat, 1,623.000 bushels;
corn, 1000 bushels; oats, 139.900 bushsls;
flour, 1,000 barrels.
Foreign Grata Market.
iONDOX, Oct. 10. carsoes on passage
Vh.t, 4 to d hl.her.
BVENOS AIRES. "Oct. 20. Wheat. tja
changed. Corn 9s to S higher.
LIVERPOOL. Oct. 20. Cash wheat, un
changed to Id higher. Corn, ttd t. 3d
hltjher.
Eaatena Grain Markets.
DCLVTH, Oct. 20 Wheat closed: Decem
ber. 97 v, bid; May, $1015 bid.
FACTS
Bo intimately are tha
public highways eon
nect.d with .very aspect
of community life that
almost any method de
vised to measure the
benefit of good roads i.
incomplete. One fact,
however, stand, out un
contradicted, i. e from
whatever an(li it 1.
viewed nothing: . much
contributes to the wel
fare of a community
than a road, street or
h t a- b way hardflurfaced
with
Bitulithic
d-rd,- !V,0c; powdered, Q.3c; fine irmu
In ted. t.;5c; d Iftmond A. t..;o; oonfctioo
er' A, flue: No. 1 , f. OOr.
tiufir futures opened firm on heavy buy
ing by trade interests end vtiorts. prompted
by the advance in both raw and pa fined
sugar. .At noun prices were 7 to 11 point
higher.
TBAVgrrity ccipe.
aTl K teres.
SAVANNAH, Ga.. Oct. 20. Turpentine
firm. 4 c offered, tfalef, none ; receipt ,
162 barrels; shipments, Sol barrels; stock.
10,700 barncls-
Roeln firm, tialea, 53 barrvle; rceL&ts. 04 S
barrels; shipments. 7t0 barrels; stocK, ft,,? 04
barrels. Quot; A. B, t?. I, K, F, O, If,
9.10p-l&; 1, si.ifM)...',; K, H-2ityi,in;
fl.50.
I'Ondnn Vk1 Hales. -
LONDON1. Oct 10. A sale of Kast Indian
wool was held hew tod 4)', Moat of the i'u
bales offered were sold. "Americans bought
suitable parcels and prices advanced f ram
five t 1U per cent, except blsnkct whites
and colored a, which were exchanid.
Irlcd Frqtt at ew Yerk.
XKW YORK. Oct. 20. Evaporated apples,
taady.
Vlopa ( New York. "
NTCTl" TOPK. Oft. 'JO. Hops, quift.
FRENCH LINE
Compsa-ale tieoerale Transallantlan.
. 1-OSXAL dHVK'.
Sailings From NEW YORK to BORDEAUX
ESPAGNE ; Oct. 30, 3 P. M.
ROCHAMBEAU JiVor. 6,3 P.M.
CHICAGO Nov. 20. P. M.
LA TOURAINE Nor. 27, 3 P.M.
THE NEW QUADRUPLE SCREW
S, S. LAFAYETTE
Maiden Trip From N. Y. Not. J3.
FOIl INTOHMAIIOJI
C. IV. btlnaer. 80 th .1.. A. I). hart tea.
25. Morrtsva st.i K. K. Garrisoa. O. M. ac rjt.
r. ny,; iMtrpey - piniitn. lis la St.; V . .
naira. iuv sa i.z it. iiirKwm. s.8 wub.
in.ion ml.t North Bask Head, aid and ktarli
ss.; F. S. Mclarland, ii and Washlnatua
sis.: E. B. Duffy. 134 d at.. Portland.
NORTH TACIHO STEAMSHIP CO,
San Francisco
.. SANTA BARBARA, TJ3S AXQELZS
AND SAN DIKOO.
S. S. ELDER
Balls Wednesdny, OftolyeT f. I. M. '
COOS BAY
EL'BEKA AND SAN rRANCISCO, -'
S. S. SANTA. CLARA
balls Thursday, 0-tber 1. . )(.
Tlrket Offie. 12 A Tnivd St.
I-banes Main 1314, A 1.14.
AUSTRALIA
sL stissi Honolulu and South Seu
sMMUMlUloillMMfls,
"VXHTiniA" "S0M0MA "SIERRA"
lfi.om.i.B aaraicsti Iwaor-isUKl l-io. ioo An
$130 Honolulu fZS'Ji frdm. 533
Kor Honolulu Oct. M. Nor. (, It.
For 6nneT Oct , Nor. It, Ch I.
OCEANIC SXSLAjaasLUr CO.
BAItSABOa. .AMI A.
SMS M JUiORO.tAHTOS.
noerrEvtoeo euuos Avstca.
LAH PORT HOLT UME
i n vl-
nw a l
frsfltent Milt.r. rreas lies' Tees hj mrm
l'iSW ton) pMMDCWHMMin.
Bess. o.siKiA.u... Afti.,4 BNeawsj.p.r,
Uaraer D. Bositk. d
Vt asaiaatoa aia, 4 9
. Mill I
aad (aat,
-fTJ,4l Sl lJ-l
San Francisco
Los Angeles
(IVIIkt.t Caaaa. F.a nate
hi. Bla:.
Clean.
Cos. for 4 abe,
r.lraantlv Appolntrd,
leasalRK
S. S. ROSE CITY
Sail, mm Alsiwsrtk UmIi
3 P. M OCTOBH S3,
100 I4m Milea
telsmais River,
All Ilatea larlpde
BertKa and Meals.
Table and Scrviee -laeseclled.
The flan Frs.elsro e Portland S. B.
la.. Third and Wsaslailsa Ftreea
(with O.-W. R. ft. Ca.) Tat. Broad,
way 4000, A !.
,TwJaraUni- ( ho-aUle.r
BSS"
"GREAT NORTHERN"
"NOMTILKUN MtlllC"
For San Francisco
Tvesslay
'J'sisiraila.
6a tarda
Besi of trio in dayliatit. S.IO round
Clip. Qi. way. la, uo, lnoludin
meals and berLli. tttcamer xrs
(steel parlgr carl and cresctie
eaves North anlc Station 9:30 A.
M.. arrives 1 . M. gunday.
Wednesday. Friday.
0ttTH BANK TICKET ' OFFICII
. Phones Uroadwsy it-ito, a toTI.
Tickets also at Third and Morrison,
lOo Third ml u4 S- Wsshloaton sc
Str. GEORGIANA
Harkins Transportation Co.
Leave. Dallr lExceat Ba4rl, 7 A. 91.
Sunday. 7:36 A. hi. for ASTORIA and.
Way landings. Returning-, leaves Ajilorla
at a f. arriving- j'oriana r. il.
Iandlngr foot of Vashingrton street.
TBAMEH
"DALLES CITYW
Leaves Portland Sunday, Tuesday
and Thursday at A. M.
Leavea The Dalles Monday. Wedne.
day and Friday tl7A.il,
Fare. Portland to Tho Hal Ir.. St. 00.
Al.DKK.-ltT. DOCK, PORTLAND.
Psoa. Mala 14. A 811a,
i ,
A.
USTR. ALIA.
Honolulu, Suva. ' New Zealand .
THK PALATIAL PAaaENCEK siTKAMGHsi
R,.H.S "MAiiAKA" K.M..V MAfcXHA"
tu,uiO tons die. r 14,OOa turn dir.
Hail from V AXCIll VKR. B. 4 tl, .
34, Dec. Apply Canadian I'aririe Kall-
na.v. AA Third ri.. tnlaol, Or., or to me
(onarllaa AuMral.Man H..al Mall LI.e, 111
bejnieur lilreet. awcouver. IS. C.
Z I Jt Ji y f
iJLS9U; December,
ccmber, f !.:; May. .1174..
WINNIPEG. Oct.
u. wheat 'dosed;
. A.
IsWb