Morning Oregonian. (Portland, Or.) 1861-1937, January 31, 1917, Image 19

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Morning Oregonian., January 31, 1917, Image 19

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Newspaper Page Text'. : . THE MORNING OREGOXIAN, WEDNESDAY, JANUARY 31, 1917. ? STOCK IU EAST LOW Taeoma 302, 065 Spokane 702,409 34.105 63.93a FOUR-POINT BREAK PORTLAND HABKtl QUOTATIONS Grain, Floor. Feed. Etc Merchant's Exchange, noon session. Bid. last yr. I. $5,500,000 Seven Per Cent. Cumulative Convertible Preferred Stock of the HAYTIAN AMERICAN CORPORATION Incorporaltd under tkt lav of ths Stat of Nt Fork) Owning and Operating Railroad, Public Utilities and Sugar Properties in tha Republic of HaytL Bluestem $ 1.1 1 Forty fold l.OO Club , i.oo Rd fife l.OO Ked Russian 1.00 Oats Scanty Supply of Potatoes for Spring Months. New Haven Stock Carried to Its Lowest Record. . No. 1 white feed $35.00 27.00 Barlfty No. 1 feed .30.00 2.00 Futures Bid. February bluestem ........ $ l.o.i March bluestem ........... ........ 1.51 HIGH PRICES INDICATED ENTIRE LIST IS AFFECTED February forty fold ....... 1.53 March forty fold 1.54 Fpbruary club 1.53 March club 1.54 A . ' ' V V t. February Russian .................... 1.51 March Russian 1.51 Steel Dividend Announcement Xot Buyers Italic Their Orr?rs to $2.50 Net to Oregon Growers About J 200 Cars Remain in All . Hands in This State. February oats ....1...... 35.50 March oats ....................... .. 3j. Made ITntil After Markets Close Bonds Irregular, Witli Declines in Representative Issues. February barley 3W.OO March barley 39.0t M1LLFEED Spot prices; Bran. $2&50 per ton; shorts, $30.50 per ton; rolled bar Registrar BANKERS TRUST COMPANY. NEW YORK CITY Transfer Affant NEW YORK TRUST COMPANY. NEW YORK CITY ley, S42&43. Dividend payabla quarterly, January, April, July, October. CORN Whole, $47 per ton; cracked, $48 per ton. i it There are about 1200 car of potatoes In all hands remaining in Oregon. This quan tity equals the total crop of the state in some years past, but right there any com parisons with past seasons must end. This year the Oregon grower has, as the chief market influence, not the size of the crop produced in this territory, but the size of the crop raised In the East. Jt has been a bad year for potato-grow-era in almost every section except the Pa- tending from Colorado to Maine there were. produced in 1116, according to Government ffgures, 170.38:1.000 bushels of potatoes. This p. compares with a crop of 237,550.000 bushels In 1015. 310.880.000 bushels in 1014 and 238, liO,000 buBhels in 1013. The shortest crop in recent years, prior to 1016. was in 1911, when the principal potato-growing states had 217.532.000 bushels. ' A short crop for the country at large, of 0.' course, means high prices. The growers in jj the Northwest wero fortunate, therefore, in l.. having an abundance of potatoes to sell to me regions oi scarcity in tne jt-aat, ana nigra prices, seldom before quoted, are being ob tained without difficulty. Buyers yesterday were paying the farmers $2.35 to $2.50 per hundred for choice Oregon Burbanks. Up to date about 3500 cars have been shipped from Oregon, and all were bought at high prices. The usual outlet for the Oregon potato surplus is California and the Southwest, but r this season fully half of the shipments are i being made to Eastern points, many of the J cars going into territory east of Chicago. .Stocks In that section are running low and & a continuance of high prices, until the new crop Is available, seems assured. Hupplles V of potatoes on hand January 1, 1017, for T market in 19 important Northern potato- growing states are estimated by the Bureau HAY Producers' prices: Timothy. East ern Oregon. $120 per ton; timothy, Val r of Crop Esttni.it os of tbe United States De partment of Agriculture to be about 44 per cent smaller than a year ago. 65 per cent if- smaller than two years ago, and 54 per cent T smaller than the average holdings on Janu- j.rary 1 of the preceding five years. I Jf. for the purpose of comparison, the esti- mates in percentages of marketable stocks p of potatoes on hand January 1 be applied to the estimates of total production, it 'shows. In the 10 states included (which pro- r duced 61 per cent of the total 1918 crop. nd u9 per cont of the 1915 crop), a total .. ui dv,iu9,uuu ousneis on January l, 1817, compared with 100.223.000 a year ago. 100,- 004.000 two years ago. and 129,1)41,000 bush els the average holdings of the preceding five years on January 1. These figures in-.-dlcate a scant supply of old potatoes dur- -Ung the Spring months. f The stocks on hand, dealers and growers. In the 19 states listed on January 1, 191' f. January 1. 1!10, and January i. 1U15, In bushels (000 omitted) compare i.o follows: 1017. mm. 1015. t. New England 14.4ol 10,484 33.725 New York ....... . !. 1S4 X2. 7tld - .BO-SIM ?. l'ennsylvanla 0.012 t,054 13,007 t New Jersey 725 1,571 l.lyj E Ohio 1.S23 6.520 6.127 r Indiana u."2 2.01(3 2,700 I Illinois l.ltr.8 4.821 3.109 f Michigan O.ft.lO 11.BS8 20,427 . Wisconsin 7,033 15.2'JB 24.128 I Minnesota 6,216 13.806 13.S51 W Iowa 725 3..S28 5,310 ? Nebraska 2,223 4.735 4.437 ?f Kansas 348 649 660 Colorado 2,808 3,035 8,420 t LOCAL WHEAT BIDS ARB KAISED Market Is Firmer In Hesponse to Advances in Laftt. V. The wheat market was firmer yesterday In response to the upturn at Chicago, which was due to unfavorable conditions for the . Coming crops. At the Merchants' Exchange wheat bids were advanced 2 to 3 cents. f The country markets continued quiet, ac- .. coraing to reports received at local offices. S- Oats bids were reduced 25 to CO rents at the Exchange. Barley was steady and un- jchanged. P" Tl e dally Liverpool trraln cable salfl AVheat dull and heavy with Indications of Increased American arrivals. Corn steady. ? arr'vnls moderate, export offers light. Oats V easy owing to foreign decline and more tf liberal offers. Flour easy, reduced millers oemara. government offers Increasing. The 'V recut Increase estimated of Canadian sun- f plies, further arrangements for moving Aus I tralian crop and additional precautionary J methods for Insuring shipping against loss a wl" result In additional arrivals. Argen- tlno weather continues clear and hot. Out- jir.'ooK tor corn shows further deterioration. tfrorctgn crop summary unfavorable." P1-. luminal receipts. In cars, were reported j cy ice Aiorcnants- Exchange as follows: Wheat Barley Flour Oats Hay f - w. ...... VJ i UV. 1 I , Tear ago 12 ITSeason to date. 51691 i Year ago 01 or, Tacoma Mon. . 14 Yar ago l. y Season to date. 41 7 . Year ago 5748 Seattle Mon 23 f" Y'ear ago 1 Season to date.."!S'U Year ago 7132 f EGGS jtecelpts Are Good But Demand Easily Takes Care of Arrivals, jf Egg receipts were fairly large, bnt the 'local demand was stimulated by the colder f weather and the prospect for its continu Cuncc, and there was also considerable Fhip Tplng inquiry. Stocks cleaned up readily at k . o r ,'rr 3 0 cents. Butter was firm with creamery cubes half w cent higher all around, extras selling- t ' 20 nts. . . Ari"l"ls of poultry and dressed meats , were not -.eavy and all lines were firm at last prices. r 146 1330 no 44 3 "SS5 1221 2 4 1018 1005 6 104S 1514 1657 S22 " "k 25 255 4 1017 744 ley, luiul(l per ton: alfalfa, ley grain hay. SI 2 13; clover, fll. Val- Dairy and Country Produce. BUTTER . Cubes, extras, 39c; prime firsts, 38c: firsts. 37c; dairy. 30c. Jobbing prices: Prints, extras, 40 442c; cartons, lc extra; butterfat. No. 1. 41c; No. 2, 39c, Portland. CHEESE Jobbers" buying prices, f. o. b. dock, Portland: Tillamook , triplets. 20c; Young Americas not quoted. EGGS Oreeon ranch, current receipts. 35fi.36c per dozen; Oregon ranch, candled, 38c per dozen; Oregon ranch, selects, 40c per dozen. POULTRY Hens, heavy. 1718K light. 16S17c per pound; Springs. 1618c; turkeys. live, lS((i20c; dressed, 22M82tic; ducks, 18 20c; geese, 12 9y 13c. VEAL, Fancy, 14&14e per pound. PORK Fancy, 1313c per pound. 12 154 1531 6 15 1415 1667 2702 3141 ADVANCE ANOTHER CENT. Sugar Mar.,t tx0A steady. I Tne BUr market tba Ea8t maintains . nn even tone, according Willetfs Bulletin. V which says: tw'The needs of refiners fornerty sugars. ' with which to increase their mdtlnes In f proportion to the steady hand-to-outfc de maiid for refined, has continued t. absorb the offerings of new crop sugars to a. ex. tent which has prevented any material . duction la prices as yet. These offerings J are naturally showing a constant Increase r as th crop season advances, but so far y no new crop sugars have reached port un ysold. and until they do no pressure to sell Is to e expected. For the present most J of the planters are fully engaged In flnd- Jng sugars with which to meet their early f,J t. o. o. sales, both to the United States J and Europe, and no large surplus is as yet vlsl .le." Fair Demand for Apples. 4". Ther, was a fair demand for apples on -the street yesterday, but In other respects i -trade was very quiet. The steamer brought f mixed assortment of -steamer vegetables, whl.-h were quoted at former prices. Oregon J. rhxoaib was lower at cents, accord- Ing to grade. 4 Bank Clearings. Bank clearings of the Northwestern cities " wiciu were as Zoilows: Portland Clearings. ..$2,213,740 .. 2,7uS,0S7 Balances. $4U.SS'l jS3,io7 fruits and Vegetables. ' Local jobbing quotations: TROPICAL FR JITS Oranges, navels. $2.252.-50; Japanese, $11.25 per bundle; lemons. $3&3.75 per box; bananas, 5c per pound; grapefruit. $4.25 5. vt,GuTABLa Artichokes. $1.1591.25 per doen; tomatoes, $66.50 per crata: cabbage, $4Li.$5 per hundred; eggplant, 2uc per pound; lettuce, $2.50(O3.50; cucumbers. $L50&2 per dozen; celery, $5.50 per crate; cauliflower. 92.oug'2. io per crate; peppers, 2dudOc per pound; sack vegetables, $1.25 per sack; sprouts, 12 Sic per pound; rhubarb, 9llVtc per pound. POTATOES Oregon buying prices. $2.25&2.50 per hundred; sweet,- $4 per hun dred. - ONIONS5 Oregon buying prices, $0 per sack, counti-y points. OBiE.V FRUITS ADDles. 75cift$1.50 per box; pears. $1.75ft2.50; cranberries, $10 11 per barrel. Staple Groceries.. Local Jobbing quotations: SUGAR Fruit and berry. $7.35; Honolulu Plantation, $7.30: Grants Pass beet. $7.15; California beet. $7.15; extra C, $6.95; pow- aereo, in barrels, $7.8a; cubes. In barrels, $8.10. SALMON. Columbia River. 1-pound talis. $2.40 per dozen; one-half flats, $1.50; 1-pound flats, $2.50; Alaska pinks, 1-pound tails, $1.25. HONEY Choice, $3 3. 25 per case. NUTS Walnuts, sack lots. 18c; Brazil nuts, 19c; filberts, 19c; almonds. 18619c; peanuts. 7c; cocoanuts, $1.10 per dozen; pe cans, 18 19c; chestnuts, 10c BEANS Small white. HHc; large white, 11.10c; Lima, 9M:c; bayous, 8.2ic; pink, 8V4c; red Mexicans. OVtc; Manchurla'n, 8Hc. COFFEE Roasted, in drums, 17 35c. SALT Granulated. $16.75 per ton; half ground 100s, $11.80 per ton; 50s, $12.10 per ton; dairy, $14.75 per ton. RICE Southern head, 797c per pound; broken. 4c; Japan style.. 444a DRIED FRUITS Apples. 10llc: apri cots, 1619c: peaches, 8H10c; prunes. Italian. 89c; raisins, 815c: dates. Persian, loc per pound; fard, $2.50 per box; currants, 1516c; figs, $2a3.60 per box. Hops, Wool. Hides. Etc HOPS 1916 crop. C9c per pound. 191T contracts. 10llc per pound. HIDES Salted hides (25 lbs. and op). 18c; salted stags (GO lbs. and up). 14c; green and salted kip (15 lbs. to 25 lbs.). 18c; green and salted calf skins (up to 15 lbs.), 2728c; green hides (25 lbs. and ud). IOc; green stags (50, lbs. and up), 12c; dry uiues. .oc: ary norse nldes. $102: salt horse hides. $3 5. ft-LlB Dry long-wooled pelts. 24c; dry ....-.wJcu vena, nc; ury snearungs, 10 2oc each; salted, long-wooled pelts. $11.50 salted short-wooled pelts. 50c $1. TALLOW No. L S-ic per pound. WOOL Eastern Oregon. fine, 28 Q 33c; coarse. 33 36c; Valley, 33 41c MOHAIR. Nominal. CASCARA BARK Old and new. 6He per Provisions. HAMS All sizes, choice, 24c: standard, 23c: skinned. 2021c; picnics, 15V.C; cot tage rolls. 18e. , WRD Tierce basis: Kettle rendered, 19c: standard pure. 184c: compound. 16c. BACON Fancy. 30(&32c; standard. 289 27c; choice. 22 25c. DRY SALT Short, clear backs, 182oc; export, li)&21c; plate. 15(16Hc BARREL GOODS Mess beef. $22; plate -ri-.TL-3' br'sket pork, market; tripe, $10.50 Q 11.50. - Oils. KEROSENE Water white, drums, barrels or tank wagons. 10c; cases, 18422c .GASOLINE Bulk. 2H4c; cases. 30c; naph tha, drums. 19c; cases, 30c; engine distil late, drums, lofec: cases. 10c. UNSEED OIL Raw, drums, $1.10; bar rels, $1.08; cases, $1.13; boiled, drums, $1 1: barrels. $1.10; cases. $1.15. TURPENTINE in tanks. 67c; ia cases. 72c; 10-case lots, lc less. SAN FRANCISCO PRODCCE MARKET Prices Current on Butter, Eggs. Fruits, Veg etables, Etc, at Bay City. BAJJ FRANCISCO. Jan. SO. Butten Fresh extras, 39c; prime firsts, 3Sc; fresh firsts, 37 J,3 c. Eggs Fresh extras, 3214c; pullets. Sic 0Cneese New, 18 c; Toung America,. Poultry Hens. 20?22c: old roosters 12 13c; fryers. 2426c: broilers. 30 32c large. 26-W2Sc: suuabs. 2.25fi)2.r,n- $1.251.75; ducks. 18(820c; geese. 1S&22C turkeys, live. 23 25c Vegetables String beans. Florida, 25 a 30c: lettuce. Southern. 75cQ$1.25: fancy, $1.50(1.65: peas. Southern fancy, large, 10 C(jl2i,c. small. 6S8c: cream squash, t l.fir,f.-)) 1.75; tomatoes. Southern, $1.25: eggplant, Florida. 1520c: green pepper. Florida. 20 3 25c; garlic 3jMc; potatoes, river. $2.50, 2.65; sweet potatoes, cellar stock. $3.25: on ions. $7&7.50: celery, $2,504 3.50: rhubarb, $1.25(32: marrowfat and hubbard squash. $1.25(81.50. Potatoes Rivera, $2.65 2. 85. Onions $7.50(j8. Fruit Pears. Winter Kellls. S9.K093; lemons. $3 ft 3.25 ; grapefruit, $2.232.50: oranges, navels. $2.402.65; bananas. $1 1.50; pineapples. $202.50; apples. New ton pippins. $1.1091.25; Bellefleur. 6075c. Feedstuffs Cracked corn and feed, corn meal, uncertain; rolled barley, $4547; al- Jaiia meal, carioaos; less, $23. Receipts Flour, 1510 quarters: barley. 1270 centals: beans. 67 sacks: potatoes, 2600 sacks: hay. 220 tons: hides. 220; wine. 3G.OOO gallons; onions. 15 sacks. , Coffee Futures More Active. NEW YORK. Jan. 30. The market for coffee futures was rather more active to day and prices advanced on trade buying and covering. The macket opened steady at an advance of two to three points, with May selling up to 8.64c and September to 8.82c during the afternoon, or nine to 11 points net higher. No offical cables from Brazil were received, but private cables reported firm primary markets, and nart of tbe buying here may have been based upon reports that Brazilian shippers were a strong position financially and were rnting with a better South American and Eurfere&n demand. The close was within a polut or two of the best, at a net ad vance af- six to nine points. Sales. 40,000. Februaryy 8.4Sc; March. .53c: April. 8.5SC; May. 8.J2cvJune. 8.67c; July, 8.72c: August. 8.76c; September, S.SOc; October, 8.64c; No vember. S.S8c; tcember, 8.92c fcpot quiet. Rio. 7s. 10c; Santos 4s, lOHe. The only fresh offer reported In the cost an freight market was -of Santos 4s at 10.80c, London credits, neutral steamer. Metal Market. NEW YORK, Jan. 30. Copper firm. Elec trolytic, . first, second and third quartera. 29.5032.50c. Iron steady and Unchanged. Metal Exchange quotes tin firm. Spot. At London Copper Spot. 132 Bs: fu tures. 12S 5s: electrolytic, 143. Spot tin 192 17s Od: futures. 193 17s 6d. The Metal Exchange quotes lead at 8c bid. Spelter steady. Spot, East St. Louis de livery. 10Vfct10c At London Lead, 30; spelter, 52 15s. NEW YORK, Jan. 30. An early break in New Haven, forcing that stock down 4 points to 39 -. its lowest record, was the most dis concerting feature of the days hesitating market. At midday prices again evinced an easier tendency, with United States steel as the center of "attraction. Widespread interest was manifested regarding the amount of the extra dividend for the final quarter of last year. ani the conourrent Issuance of tho financial" statement for that period, neither of which became known until some time after the market's close. Tho extra dividend of l?i per cent, mak ing a total of 8 per cent in regular and extra dividends for the past year, was some what under expectations, but earnings for the quarter of almost $106,000,000 were in excess of the most extravagant estimates. - Aside from the diversion created by New Haven and Steel, the market was devoid of special features. Total sales amounted to 585. 0OO shares. Bonds were Irregular, some representative Issues losing ground, with further free of ferings of St. Louis at San Francisco ad justment 6s. Total sales, par value, $4,490. 000. United States bonds were unchaused on calL NEW YORK STOCK QUOTATIONS. Closing Sales. 5.900 5,2lO 700 3,900 Am Beet Sugar. American Can... Am Car & Fdy.. American Loco.. Am Smelt & Ref 14,200 Am Sugar Ref.. 4O0 Am Tel & Tel.. 800 Am Zinc L Sc. S 3.100 Anaconda Cop... 10.200 Atchison . .... Balwin Loco . Bait & Ohio ... 1.50U Krk Rao Transit ...... Butte & Sup Cop 60O California Pet.. 2.SO0 Canadian Pacific 1.890 Cent Leather 14,800 Ches & Ohio ... 1.000 Chi M & St Paul 6.80O Chicago N W 600 C, R I & P Ry 200 Chlno Copper... Colo Fuel & Iron Corn Prdcts Ref 400 3.200 300 Crucible Steel .. 11.10O Distiller's Sects. 400 Erie. 7.900 (Jen Electric... ...... Gt Northern pfd. Gt N Ore ctfs. . Illinois Central.. Int Consol Corp . Inspiration Cop. Int Harvster N J Int M M pfd ctfa 11.200 Kan City So. ... 500 Kennecott Cop. . 100 Louis & Nash......... Mexican Pet ... 11.000 Miami Copper . . 1.300 M K & Tex pfd Mo Pacific new. Montana Power. National Lead.. Nevada Copper.. N Y Central N Y, N H & K. 49 67 loo J, 111 127 54 40 S3 8.4O0 J07 3.300 53i 71U 50i 2 lrtl, 86 V4 63 894 122 H 21 54' 475i 23 2i 27 "4 31 381 108 High. - Low. 9H 3V4 8,600 1.600 2.800 47 H 67 74 1 05 no'4 126 H M "i 105 53 H 80 v "48" 26 1594 844 U34 7'4 122 V, 31 H 53 i 46H 21 '4 6014 27 30H iioi 35. 105 ',4 4.O0O -6H4 55 4 85 '4. 24 iooii" 41 83 24 444 'tis" 41 300 V,i66 200 1,800 29,300 600 2,100 32 32 Norfolk & West No Pacific Pacific Mall Pennsylvania ... 2.300 Ray Con Copper. 2.2(l Reading 9.40O Rep Iron & Steel 6.700 Shat Arls Cop.. 12,100 So Pacific 1.600 Southern Ry 21.600 Studebaker Co... 4,800 Texas Company. 1.3O0 Union Pacific. 3,100 do preferred U S Ind Alcohol 16.P00 U S Steel 137.3O0 do preferred.. 1,200 Utah Copper.... 9.300 Wabash pf-' "B" 2,300 WeBtern I" n Westh E: .-lc.. 700 00 24 101 43 136 108 '57 26 100 78 26 97 33 1J3 229 143 121' 113 120 106 29 59 24 100 39 136 107 56 26 98 76 Vi 26 96 30 11)3 225 142 118 111 120 104 28 52 52 Bid. 89 4 67 76 16 110 126 39 82 106 55 81 78 49 26 166 81 63 SS 122 31 54 47 22 tj 62 27 31 16! n; 36 105 15 57 120 84 5 45 1 30 100 42 18 32 17 50 24 100 40 136 108 . 21 57 26 IOO 77 2.', 97 32 105 228 148 85 120 113 120 106 2; 97 52 Total sa.es for th day, 585,000 shares. BONDS. U S 2s ref reg.P9Pac T T 6s. .101 do couuon ...99. U S 3s reg. ...10l do coupon ...101 U S 44s reg... 110 do coupon ..110 Atch gen 44s... 96 NYC deb 6s. .112 Nor Pac 4s ... . 90 Nor Pac Ss 68 Bid. Pa con 4s 100 Pa Con 4s 106 S P ref 4s 94 U P 4s 99 U P cv 4s "94 U S Steel 5s... 106 S P cv 5s 103 Anglo-Fr 5a 93 Milling Stocks at Boston. BOSTON. Jan. 31.- Allouez 65 Ariz Com 12 Calu &. Ariz 82 Calu & Hecla...550 Cop Range .... 66 E Butte 14 Franklin 8 Oranby 88 Isle Koyalle.... 33 Lake Cop 14 Mohawk 84 -Closing quotations: N Butte 22 01a uom 63 Osceola Qulncy .. . Shannon ... Superior ... Sup & Bos... Tamarack Utah Con Winona 4 Wolverine ..... 47 86 90 9 14 6 53 Money. Exchange. Etc NEW YORK. Jan. 30. Mercantile paper, 3 (&3 per cent. Sterling, 60-day bills, $4.72 commer cial 60-day bills on banks, $4.72; com mercial 60-day bills, $4.72; demand. $4.75; cables. $4,78 7-18. Francs, demand, $5.84: cables. $5.83. Marks, demand, 68 : cables, 68.- Kronen, demand. 11; cables. 11. Guilders, demand, 40; ca bles. 40. Llres. demand, 7.21; cables. 7.20. Rubles, demand. 28; cables, 28. Bar silver. 76 c. Mexican dollars. B9c Government bonds steady; railroad bonds irregular. Time loans steady. Sixty and 90 days, 23 per cent: six months. 3&3. Call money steady. High, 2 per cent; low, 1; ruling rate. 2; last loan, 2; clos ing bid 1; offered at 2. SAN- FRANCISCO. Jan. 8a Sterling, $4.71; demand, $4.75; ables, $4.76. Mexican dollars, 58.55c LONDON, Jan. 80. Bar stiver, 37 B-16d per ounce. Money 3 per cent. Discount rates, short bills and three months, 5(5 per. cent. Stocks Quiet In London. LONDON. Jan. 30. In the American sec tion a few markings were recorded in Cana dian Pacific and the low-priced railroads on the stock exchange today. Naval Stores. SAVANNAH. Jan. 30. Turpentine, steady, 51c. Sales, none: receipts, 145 barrels; ship ments. 145 barrels: stock. 16.730 barrels. Rosin firm. Sates. 631 barrels: receipts. 1205 barrels; shipments, 740 barrels; stock. 78.393 barrels. Quote: A, B, C, D, E. V. G. $6.20; H. I. K. $6.30; il, $6.40; N, $9.65; WG, $6.75: WW. $7. New York Sugar Market. NEW YORK. Jan. SO. Raw sugar barely steady. Centrifugal. 4.89c: molasses. 4.02c Refined steady. Fine granulated. 6.75c Chicago Dairy Produce. CHICAGO. Jan. 30. Butter, unchanged. Eggs, higher. Receipts S347 cases. Firsts. 3Sc: ordinary firsts. 36&37c; at mark cases included, 36 3 3Sc. Dried Fruit at New York. NEW YORK, Jan. 30. Evaporated apples, quiet. Prunes, easy. Peaches, finn Duluth Linseed Market. DTJLUTH, Jan. 80. Linseed on track. $2.89; choice. $2.91: arrive. $2.83; May. $3.92 bid; July. $2.94 asked. Hope, Etc.. at New York. NEW YORK. Jan. 30. Hops, steady. Hides, steady. Wool, steady. Cotton Market. NEW YORK, Jan. 30. Cotton Spot quiet. Mtdupland, 17.S5c: sales, IOO bales. Grazing' experts of the forest Service estimate the cost ot producing lambs in the Northwestern states ia Jl.fcS a head. CAPITALIZATION PREFERRED STOCK (par value $100), callable at $110. . Issued $5,500,000 Reserved (or future corporate purposes . . t 500.000 ORDINARY COMMON STOCK (without par value) (2.500 share held in Treasury) $&.000.000 60.000 shares FOUNDERS STOCK (without nar value) 60,000 shares The Corporation Las ao bond ed indebtedness and none can be created vrithout tbe assent o 75 per cent of tbe Preferred Sbare THE UNITED STATES IS OBLIGATED TO MAINTAIN A STABLE GOVERNMENT IN THE REPUBLIC OF HAITI The Treaty between the United States and the Republic of Hayti, concluded in 1916 and now in full operation, is regarded as the strongest protectorate existing between the United States and any other Country, Including as it does the maintenance of order and the receipt and disbursement of Government funds. "We believe the stocks of the Haytian Americazx Corporation offer a most exceptional opportunity for the safe investment of funds, with every indication of increasing dividend returns-' and base our conclusions on the following salient points : 1st. The Treaty between the Republic of Hayti and the United States of America. 2nd. The control of the Railroad, Electric Light Plant, and Wharf and Warehouse, now operating under exclusive concessions at Port au Prince, the capital and principal seaport, located in the most thickly populated part of the country, together with the electric light property at ' Cap-Haitien. 3rd. The particular value of these utilities to the operation of an extensive development In the cultivation, manufacture and shipment of sugar. 4th. The control of approximately 20,000 acres of the most valuable sugar lands in Hayti and a sugar mill of 300.000 tons grinding capacity, now in course of erection, located in the plains served by the railroad and adjacent to Port au Prince. 5th. The specially favorable conditions of land and labor in Hayti for the economical pro. duction of sugar, as compared with Cuba where cost of sugar production up to the present tima has been considered the lowest in the world. Population a So, Mile CUBA HAYTI.. Present Averese) Dally Wace $1.75 .20 AreaS. Miles Population .... 44,164 2,469,000 56 10,204 2,500,000 246 Labor constitutes not Uss than 60 per cent of the cost of producing sugar.'' 6th. The stability of the earnings due to the diversity of the sources of income. l is cone ervatively-estimated that the annual net earnings for the Corporation will be $1,339,540, which will leave after payment of the 7 per cent Preferred Stock dividend, and the regular dividend of $7 a share on the Ordinary Common Stock, $552,040 applicable one-third for retirement of Preferred Stock (if any remains outstanding); one-third as an extra dividend on the Ordinary Common Stock; one-third to the Founders Stock. 7th. The acceptance of Common Stock for a large part of their cash investment by former owners of the Public Utilities, who, after many years of successful operation, will continue to assist in their management. 8th. The investment in the stock of the Haytian American Corporation by men of promi nence in the sugar world and their service as directors of the Company. o The above securities have been underwritten and a -very considerable portion withdrawn for investment; the balance is offered by the undersigned for the account of the Syndicate PRICE: 100 and accrued dividend The Preferred Shares will be accompanied by 25 per cent in Ordinary Common Shares and SO per cent in Founders Shares. Delivery in form of Interim receipts pending tbe preparation of engraved definitive certificates of tbe Corporation. Application vntl be made to list these Shares on the New York Stock Exchange. Descriptive circulars may be had upon application! reports and opinions may be examined at our omceSe P. W. Chapman & Co. 126 W. Monroe St. Chicago H S3 William St. New York City Lawrence Turnure & Co.' 64 Wall St. New York Breed, Elliott & Harrison ?05 South La. Salle St. Chicago v First National Bank Bid g. Cincinnati Fletcher American Bank Bldg. -Indianapolis Ervin & Company Drexel Building Philadelphia 1 Tks above Information, while not guaranteed, has bees taken (res sources considered reliable. CROP LACKS COVER Fear of Injury From Cold Wave Strengthens Wheat. SHARP RISE AT. CHICAGO July 1.45 V4 1.48 H 1.43 1.49 CORtf. May ...... .PQ 1.00S 1.00H July T .l .VIVi .UVs OATS. May .B5H .SH .S .564 July 03 .S4V .5314 .H'i MESS PORK. May ....51S2 80.00 20.62 80 00 July 2U.67 28.6T LARD. May 18 51 ie.er. 16..43 ie2 July 10.TO 16.7T 1.7I SHORT RIB 3. May 13 T 15.T2 15 0 35 72 July li.b 13.82 13.75 15.82 Buying of Grain Also Inspired by Announcement Flour Sales at Minneapolis Largest in Weeks. Export Demand Light. CHICAGO, Jan. SO. Fears that a pre dicted cold wave might harm unprotected portions of the Winter crop tended to irive strength to the wheat market today. Prices closed strong. Sic to 4c net higher, with May at J1.7.M to 1.75S and July at 1.49 to 1.4'JH. Corn scored a gain of ISc to ISc and oats of c to lc Pro visions finished unchanged to 17 He higher. Announcement that flour sales at Min neapolis had been the . largest In weeks helped to inspire buying of wheat. On the other hand, bears made much of the ex isting diplomatic uncertainties and of the supposed scantiness of n.w export danuW Indications of export buying lifted corn. There was said also to be a good demand from domestic Industrial sources. Oats followed other cereals upgrade. Bea board inquiry was hampered by railway con gestion. Forecasts of a blizzard which might re strict the marketing of livestock put firm ness into provisions. At first, however, a lack of any aggressive support had made prices sag. Leading futures ranged as follows: WHEAT. Ooen. HiK-h. "Low. Close. Hay L71ti 11.75 l-705 1-7S4 Cash prices were: Wheat No. 2 red. $1.7461.78: N. S red. 1.72wl.72W 1 No. 3 hard. $1.77 & 1.78; No. 3 hard, SI. 72. Corn No. 2 yellow, nominal: No. 4 yellow 96Dc; No. 4 white, 87i07He. Oats No. 3 white, &3t4rlKc; standard, SSK 0560. Rr No. 2. nominal: No. s. X1.80, Bsrley fl1.2.-. T I m o t h y :. SO 19 S. 50. Clover f 12017 50. Eastern Wheat Fntnree. ntTLUTH. Jan. SO. Wheat closed: May, tL7lC4; July, SL.76. 'WTNN1PEO, Jan. 80. Wheat closed : May, $1.73 ;4 ; July, $1.72: October, $1-41. . KANSAS CITY. Jan. 80. Wheat closed: May. S1.72K; July. $1.45V. 8T. I.OTJ1S. Jan. 30. Wheat closed: May, $1.75; July, S1.46S: September. $1.36. Minneapolis Grain Market. MINNEAPOLIS. Jan. 30. Wheat May. $1.79 74; July. $1.75!,. Cash, No. 1 hard. J1.87T. 1.69"4; No. 1' Northern. . $1.80 & 1.63 No. 2 Northern. $1.77 l.bS. Flax $2.87 to 2.02. Barley aac v $ 1.22 Grain at Ban Francisco. BAN FRANCISCO, Jan. 30. Boot quota tions Walla. $2.72 fr2.75; red Russian. $2.72 2.77 : Turkey red, $3 43.05; blue stem. $2.0763. Barley, feed. S2.202.22!4. Oats, white. $2t2.02. Millfeed: bran. $2S2t.S0; middlings, $37 G3S; shorts, $3U4i. Callboard: Barley. May. $2.27: Decem ber, $l.u7 4i bid. bales, 100 tons of May. Paget Bound Grain Markets. TACOMA. Jan. 30. Wheat, bluestem. $1.&S: forty-fold, club and red fife, $1.52; red Russian. $1 47. Car receipts: Wheat 14, corn 1. hay 6. SEATTLE. Jan. 80. Wheat. bluestem. $156; Turkey red. $1.57; forty-fold. $1.53; club. $1.53: fife. $1.53: red Russian, $1.52. Barley. $.18. 60 per ton. Yesterday's car receipts: Wheat 23. oats 4. barley 3, hay 8. flour 6. HOTEL T0BE . ORDERED Work on $60,000 Structure at Clie- balid to Be Started in Spring. CHEHALIS, Wash.. Jan. 80. (Spe cial.) The new Hotel St. Helens was the subject at Monday's luncheon of the Citizens' Club, of Chehalla. A. C Et John acted as toastmaster. C E. Troutman. of Aberdeen, the architect of the new hotel, explained In detail the plans of the first part of the $60. 000 structure. The contract will be let next month and construction will be? irin early in the Sprlnir. The manager of the local brick yard announces that plans are shapina; for the erection of four brick business buildings In Chehalis next Spring and Summer. The Security State Bank is Just completing a splendid new two story buildtntf block at Chehalis and Pacific avenues. School Cannot Be Organized. NORTH YAKIMA. 'Wash., Jan. SO. (Special.) Owing to the fact that the district where the Government con. struction camp will be established, at McAllister Meadows Dam. has never been surveyed, and) is part of the forest reserve, plans to organize a school dis trict there cannot be carried out- The Government will maintain a school nevertheless for the children of the of ficials and workmen during: the four years throuRh which the construction work probably will extend. Mendota Card Players Arrested. CENTRAL! A, Wash., Jan. SO. (Spe-s clal.) Saturday nlsrht Sheriff Berrj and a deputy walked into a hall in Mendota and broke up an alleged gam bling frame. Five men were taken Into custody. T. D. Burton, one of the five, was sentenced to a term of eieht days In the county Jail yesterday. The other four will he arraigned later. The Canadian Bank of Commerce BEAD OFFICE. TORONTO. CANADA Established 1867. 'A sreaersl banking naslaeas E Commercial Inters et Credit I transacted. 1 iHjes. Interest paid on time elepealta, I Exchange mm London. Easlaae. Msgat nam Bote. PORTLAND BRANCH. CORNER SECOND AND STARS STREETS sr. C MAL.PA3. Manns-en 1L