TTTE MOT1XIXG OKEGOXIAX.' SATURDAY. DECEMBER 1G, 1022
110 .LMDS
E Will
Pacific Council to Meet Here
in October,, 1923.
NEW NAME IS ADOPTED
Territory Is Extended to Include
Alaska, Hawaii and Phil
ippine Islands.
TACOMA, Wash., Dec. 15. (Spe
cial The Pacific foreign trade
council will hoid Us first annual
convention fn Portland about the
middle of October, 1923. This
greater council, organized here to
lay as an outgrowth and develop
ment of the Pacific northwest for
eign trade conference, by unanimous
vote accepted the invitation ex
tended in behalf of the Portland
Chamber of Commerce by Harry L.
Hudson, fixed upon the month of
October and left the exact dates to
the executive committee.
: By unanimous vote also the en
tire council went on record in sup
port of Seattle's effort to bring the
national foreign trade council to
that city in 1925. At a committee
meeting this morning it was dis
covered that both Portland and
Seattle had an eye on the national
body for that year.
Portland Is Supported.
Portland had already received
assurances of California support,
tut Seattle's invitation was in the
hands of the national officers as
part of a campaign to secure many
conventions during the year In
which Portland, was to have held
its great exposition. The commit
tee soon reached an agreement. On
the floor of the conference John P.
Hartman of Seattle moved to hold
the Pacific conference next year in
Portland and George N. Black of
Portland presented a resolution in
dorsing Seattle for the national
convention of 1925.
With Its enlarged scope and new
name the Pacific foreign trad,
council Is now open to membership,
particularly from the inter-mountain
states and those bordering on
the Pacific ocean, and from Alaska.
Hawaii and the Philippines. The
annual conference for' the genecal
purpose of promoting, foreign trade
is to be held within this territory.
Officers Are Elected.
Officers of the council, to serve
for the ensuing year, were elected
as follows:
President, William Pigott of Se
attle; vice-presidents, Edgar H. Sen
sen ich of Portland, J. J. Donovan of
Bellingham, E. G. Anderson of Se
attle; executive secretary, Edward
P. Kemmer of Tacoma; treasurer,
Christian Peterson of Portland.
These nominations were made by a
committee o whieh John A. Gellatly
of Wenatchee was chairman and
Frank Ira White of Portland secre
tary and the nominees were elected
by acclamation.
Aside from the executive commit
tee yet to be chosen one of the
most important working committees
will be one to which was assigned
the task of studying the charges
and practices of all the ports of the
Pacific coast with a view to secur
ing uniformity and an end of arti
ficial competition. This will be a
standing committee with power to
make recommendations based on its
findings at any time in an effort
to attain the objects of the council
without waiting for the next annual
meeting.
Fort Topics Discussed.
Questions of port control, manage
ment and charges dominated vir
tually all the speeches of the clos
ing business session this afternoon.
Discussion was under the general
head of "private and governmental
co-operation in port service" and
was led by Harry L. Hudson, general
traffic manager of the Port of Port
land. The almost universal tendeugjr
toward public ownership and con
trol of port facilities was recog
nized by all the speakers. It was
agreed that under proper conditions
and with measureable freedom from
political influences this tendency
was in the direction of the interest
of all concerned, but it was also
agreed that until such time as port
facilities come wholly under public
control the private owners and
operators of port terminals should
be protected against ruthless com
petition at the cost of tho taxpayers.
Uniformity Is Favored.
Keith Middleton of Balfour, Guth
T'e & Co., pointed out that competi
tion of this kind had not only oeen
harmful to private owners but was
iifco practiced by the port commis
sions of the various ports as against
oi.e another. Speaking for both ship
pers and steamship companies, he
held it to be a mistake for one port
to cut its proper charges in order
to take business from another port
oud urged that the commissioners of
all Pacific coast ports be asked to
standardize their practices and
charges and cease their efforts to
stimulate business by ruinous com
petition. No shipper or steamship
company, he declared, cares to ben
efit one day by special advantages
that may be as suddenly turned to
disadvantages on the next. The
council unanimously sanctioned the
appointment of a committee to work
for uniformity.
Education Committee Authorize.
Another standing committee of
importance will be one on educa
tion, the functions of which are out-
iinea in & paragraph of the resolu
tions adopted by the council today
as follows:
"The fundamental value of proper
education as a contributing factor
to the development and maintenance
of our Pacific trade in' peaceful and
friendly relations with the nations
at interest make it incumbent upon
the schools and educational institu-
. tions of the Pacific coast to culti
vate the international viewpoint by
establishing courses and texts as
they shall particularly relate to
those countries with which wo have
and expect te have the greater com-
, merce. Every legitimate effort to
advance American education among
Fresh Pullet Eggs
I want regular shipments, also
white hennery and mixed colors.
f "".ft Sg8 40c
White hennery . .47e
Mixed color extras 44c
E. W. Ellis, Portland
Terminal lee A Cold Storage Bids.
Veal, Hogs, Mutton
in very cood demand. Make heavy
shipments. Checks by return mail.
The Savinar Co., Inc.
100 Front St.
. w
ID
the peoples of those countries should
be supported to the end that the
true expression of our national life,
its Institutions and usages may be
fairly and correctly set forth."
Shin Board Service Grows.
, The resolutions adopted call at
tention to the enlarged service of
shipping board ships to and from
Pacific ports in line with the ob
jects declared at the 1921 confer
ence. Where there were only three
such ships making northwestern
ports one year ago there are now
21 in trans-Pacific service and an
adequate , number in service to At
lantic ports.
The council, by means of resolu
tions, declared itself strongly in
favor of a publicly aided American
merchant marine, for "full commer
cial and governmental aid and co
operation so that the now exorbi
tant cost of marketing farm prod
ucts shall be changed to a more
rational and. inexpensive method and
give encouragement to our now de
pressed farmers," for a new cable
across the Pacific preferably by the
route of the Aleutian archipelago.
cither tn he built by the govern
ment or by government encourage
ment of private enterprise, for bet
ter treatment of foreign visitors
bearing proper credentials who come
as merchants, students or travelers
and better housing for such im
migrants as must be detaineu ior
examination, and for passage of the
pending foreign trade act of 1922.
Rate Inquiry to Be Made.
Paul T. Shaw, Tacoma importer,
secured unanimous consent to an ad
ditional resolution calling for an In
quiry into the difference in rates
from oriental ports to Pacific and
Atlantic ports. Mr. Shaw announced
the discovery in his own business of
the fact that rates on certain com
modities from Tientsin were from
$4 to S6 a ton higher to Puget sound
and Portland than to New York.
F. W. Relyea of San Francisco and
Richard M. Semmes of Seattle, both
representing the shipping board,
were heard on today's programmes.
Other speakers of the day were John
A. Gallatly, Wenatchee fruit grow
ers; Koliang Yih. Chinese consul
general at San Francisco; Henry
Blackwood, special deputy collector
of customs; George S. Long, of the
Weyerhaeuser Timber company, W.
P. Simpson of the Continental Pipe
company; J. J. Rogers, John Purvis
Hausman and J. C. Hayden of Seattle
and L. E. Willidms of Portland.
The business Sessions of the coun
cil closed this afternoon and the
conference terminated tonight in a
foreign trade banquet with Nathan
Eckstein of Seattle as toastmaster
and the principal address by Julian
Arnold, commercial attache at Pekin.
CONVICTS RAISE TURKEYS
Idaho Shipments to Eastern
, Markets Bring $6 7 50.
BOISE, Idaho, Dec. 15. (Special.)
Turkeys are a profitable crop at
least that is the conclusion of War
den William Cuddy of the Idaho
spate penitentiary. This week he
supervised the shipment of 10 truck
loads of turkeys to eastern markets.
They will bring to the state $6750.
The turkeys were raised by con
victs at the state penitentiary, the
prison turkey- being one of the
largest to be found in the state.
The convicts killed and dressed the
turkeys and prepared them for mar
ket and shipment. At one time the
flock contained 2400 birds
DAILY METEOROIX)GICAL REPORT.
PORTLAND, Dec. 15. Maximum tem
perature, 28 degrees; minimum. 19 de
grees. River reading, 8 A. M.. 1.4 feet;
change in last 24 hours. 0.4 foot fall.
Total rainfall (5 P. M to 5 P. M.), none;
total rainfall since September 1, 1922,
13.61 inches: normal rainfall since Sep
tember 1, 15.52 inches; deficiency of
rainfall since September 1, 1922. l.PJ
Inches. Sunrise, 7:47 A. M.; sunset, 4:26
P. M. Total sunshine December 15. 1
hour, 4 minutes; possible sunshine, 8
hours 39 minutes. Moon rise Saturday,
5 :27 A. M. ; moon set Saturday, 3 :34
P. M. Barometer (reduced to sea level)
at 5 P. M.. 30.20 inches.. Relative hu
midity at 3 A. M.. 75 per cent; at noon,
63 per cent; at 5 P. M., 72 per cent..
THE WEATHER,
STATIONS.
Weather.
Baker
Boise
Boston
IR'0.00. .iSE
200.00. JW
38:0.38l2 W
Clear
Pt. cloudy
icioudy
Calgary . .
1210.02 . .INK
Snow
Clear
Cloudy
Clear
Chicago ...i 101 20iO.OO12'iSW
Denver ... 141 .860.00 . . XE
D. Moines. -4 200.00 14ISW
Eureka ... 36 48:0.00 L.N
Galveston . 6ft 680.00.. N
Helena .. . -6 26i0.00!10fSW
Juneaut --I -. . 12210. 00 . .(....
Kan. City. I 14 26!0.O0jl0;S
U Angeles. ' 541 6010.04 ..IW
Pt. cloudy
Clear
Cloudy
Cloudy
Cloudy
Marshfield 301 4S,0.20j . . .VW
Medford .J... 42 0.00 ..NW
Clear
Clear
Clear
Minneap'a 1 -S 14 O.OOilO'.SW
N. Orleans 62 72! 1 .48 . . IS
Pt. cloudy
New York. 34 44i0.1330iNW
North Hd. 30j 36i0.(M). .NW
t.iear
PL cloudy
Phoenix ,.j M 0. W . . . . .
Pocateiio .1 -6! 6-0.OQ10'S
Portland .. 1 28!0.00..N
Roseburg. 34 3610 . 02' . . STC
i loudy
Pt. cloudy
iouay
Cloudy
Clear
Sacram'to 4 M!0.00..NW
St. Louis.. I -1H 2H10.00I.. S
Salt Lake. 24 1 82j0.04 . . . . .
San Diego. M 64)0. 0 . . fSW
ICloudy
hnow
Cloudy
Clear
Clear
8. Franc'o. 46
54:0. 00!.. IK
Seattle ... 26
BUkat . .... . .
34)0.00 , . SB
34 0.00 . . . . .
Spokane .. -10!
4i0.01..NW;Pnow
Tacoma ..I... 82 0.001. .18
Cloudy
Snow
Tatoosh Is-j 301 R6I0.00L.IS
Valdeat ..... 110 0. 001 . .
WaiU-W'af 6 1 0.001. . NW
Washin'n I 38! 4'0.Ott14'N
Winnipeg .1-lGj 80.00114'W
Yakima ..... 1610. 00j. JSW
Cloudy
Cloudy
Clear
Ft. cloudy
tA. M. today. P. M. report of preced
ing aay.
FORECASTS.
Portland- and vicinity Generally fair
easterly winds.
Oregon Generally fair; moderate
northeameriy winds.
Washington Fair, except probably
rain or snow near tne coast; moderate
soutueasteny winas.
Lodges Help Needy.
ABERDEEN', Wash., Dec. 15.
(Special.) A. check for ?30, con.
tributed a week ago by the Aber
deen Knights of Pythias lodge, was
followed yesterday by a check for
J26 from the Aberdeen lodge of
Masonc for Christmas cheer for the
needy of Aberdeen. Donations are
being- turned , over to Mrs. W. M.
Baumert, treasurer of the Pythian
Sisters, who conduct the Christmas
work for the poor here annually.
Sixteen families were provided with
Unri-tmas baskets last year.
COTTON PRICE TREND UXCERTAXX
Quotations Drift Idly Under Professional
Give and Take.
(By Chicago Tribune Leased Wire.)
NEW YORK, Dee. 35. The price trend
was uncertain In orderly trading in to
day's market for cotton futures. Prices
drifted idly under professional give an
take and sought a slightly lower level
There was little sign of the demand that
marked yesterday's market, although
locals. Wall street and spot houses took
a few lots of cotton in the morning. Tn
list opened 1 to 11 points off and eased
off to a level 8 to it Tointa under th
previous close before midday. Somewhat
heavier pressure was encountered in thi
afternoon and the market developed an
easier undertone, reacting about 35 point!
from last night's close. t,ate sellers in
eluded longs and the south, largely even
ing up. The close was 22 to 34 pointi
net lower.
Spot was quiet, 25 points decline; 25.50c
for middling upland.
Southern markets: Galveston 25,35c,
80 points decline; New Orleans 25.50c,
unchanged; Savannah. 2."S.50ct 31 points
decline; Memphis 25.75c, unchanged ;
e Jtock. 3.50ct unchanged, ,
COMMODITY PRICES
OfJ STEADIER BASIS
Advances Less Marked
as
Year Draws to Close.
SMALL GAIN LAST MONTH
Values 12.8 Per Cent Higher
Than January 1, but 30 Per
Cent pelow High Record.
The excess of advances in weekly lUts
of wholesale commodity quotations nar
rowed appreciably during Nocember, and
it is not surprising: that the monthly in
de number shows m smaller variation.
Measured by Dua's compilation, which
Is based on the estimated annual per
capita consumption of the many articles
included iiu the record, and which makes
allowance for the relative .importance of
each, of the different items, the general
prica level was 1.7 per cent higher on
December 1 than a month previous. T.ia
change compares with a rise of a little
less than 4 pop-cent on November 1. and
with an upturn of 1.8 per cent two
r.onths ago.
With three exceptions. Dun's index
number has advanced In each month this
year, and the present figure of $185,462
representing the cost per capita of
year's supply of commodities, Is 12.8 per
cent above the ltt4.444 of January 1,
last. Comparing with the low point
touched on the decline that culminates
in the. summer of 1921, there has been
a rise of about 16 per cent. The Index
number is, however, practically SO per
cent below the high, record of May 1,
mo.
While five of the seven divisions into
which the index number is separated
showed advances on December 1,
compared with the figures for November
1, the changes were generally smaller
than those of the earlier month. The
widest alteration last month was an up
turn of 3.4 per cent In the dairy and gar
den group: breadstuff roBe 3.2 per cent,
clothing 2.3 per cent, miscellaneous 2.2
per cent an4 the class designated ,as
"other food" 1.9 per cent. For all fooxib
together, the net result was an advance
of 2.2 per cent.
The exceptions to the gnqgal upward
tendency were provided by meats and
metals; the ' decline in meats was very
slight, while the recession in nzetala was
1.6 per cent.
EXPORTERS IN MARKET FOR WHEAT
Offers Made of $1.25 for Club With 'ot
Much For Sale,
Exporters were in the market tn
moderate way yesterday and offered
11.25 for club, a cent less than they paid
on Thursday. For large lots, probably
1.26 could have been obtained, but there
was not much available. Mills were also
interested, but they were not as keen as
few days ago. The orient is beginning
to make inquiries as to flour prices, but
important trading is not expected until
fter the turn of the year.
Wheat bids at the Merchants' Ex
change were 2 cents lower on hard white,
cent lower on soft white and unchanged
on other grades..
The setback at Chicago was due partly
the bearish inflence of German fi
nancial difficulties and to - word that
wheat was being shipped from Omaha
for delivery on December contracts. With
realizing sales heavy, the close was un
settled, lc net lower. Downturns
began at the opening, and although ral
lies took place at times, the market
ho wed its most pronounced weakness
neak. the end of the day. Persistent ad
vance of late had led many traders to
expect a reaction, and this tendency was
emphasized by apparent indifference
which the Liverpool market displayed re
garding the course of American prices;
inasmuch as Canada and Argentina were
both said to be underselling the United
States abroad. Announcement that the
senate agricultural committee had fa
vorably reported the bill to establish
$100,000,000 government corporation to
finance the sale of farm products, gav
a temporary stimulus to the buying bide.
The effect, however, was more than
outweighed later as a result largely of
other Washington advices touching cabi
net discussion of the German reparations
crisis. v
The Chicago wire to the Gray-Rosen-
baum Grain company follows:
'Continued apathy Liverpool responsi
ble liquidation weakly held wheat; How
ever, steady accumulation on breaks by
influential parties continues, quick rallies
showing nervousness shorts. Introduction
bill congress for appropriation $70,000,000
for purchasing food for Germany one of
many probable developments near fu
ture. Strongly favor purchase all
breaks."
Liverpool wheat closed U cent hlgner.
Buenos Aires opened cent higher.
Wheat exports from North America
this week were -7, 796,000' bushels against
11.370,000 bushels last week and 6,837,000
bushels last year.
Argentine antpments this week were
1,070,000 bushels.
Terminal receipts, in cars, were report
ed by the Merchants' Exchange as fol
lows:
Wht. Bar. Fir. Cn. Ots.Hy.
Portland
Friday
36
145
2 ....
. . i a . . 112
344 887 338 413 ftSS
133 1200 200 617 8P6
..1 1 ..
.. , 6 .. 1
21 529 207 P5 357
78 834 127 83 475
8 31 3 21
8 1 .. ..
27 1369 646 330 862
124 1247 4S7 274 909
2
4 44 6 6 47
Tear ago. . . .
Sea. to date.
Year ago. . . . .1S,&50
J aroma
Thursday ., , '11
Year ago 77
Sea. to date.. 3.810
Year ago. . . jv 6,341
Seattle
Thursday ...
17
4,844
year ago. . . .
Sea. to date.
Year ago. . . .
Astoria-
Thursday . .
Sea. to date.
8
460
COLD CHECKS SALE OF APPLES
Prices Steady In Local Market Ran re at
Eastern Auctions.
Th cold weather has . checked th
local sale of apples somewhat, but th
market remains on a steady basis. Mar
kets at shipping points were inactive.
Oregon apples sold at eastern auctions
at the following range:
At Chicago Spltzenbergs, extra fancy,
large, $2.05; medium, $1.55 (gi 2. Jona
thans, fancy, medium, J1.75; small, $1.50
1.75; choice, large, 95c$l.4i; medium,
$1.45. ' Winter Bananas, extra fancy, me
dium, $1.802.05, Baldwins. fancy,
large. $1.80; medium, $1.55 l. SO; small,
$1.25.
At New York Setfen hundred and
fifty-flvo boxes Spltzenbergs, extra fancy,
small to medium, $1.60g245; average,
$2.05; fancy, medium to very large, $1.60
($1.80. Six hundred and fifty-five boxes
Delicious, extra fancy, medium to very
large, $2. 25 2-65; average, $2.55; fancy,
$t.952.10. Seven .hundred and fifty
five boxes Winter Bananas, extra fancy,
very large, $$.03S.15; large, $2.733;
medium, $2.80; fancy, medium to very
large, $1.0002.83.
STORAGE GGS SCARCE AND HIGHER
Stocks Reported to Be Oversold Butter
Market Firm.
The scarcity of storsge eggs led to an
other advance of a cent yesterday and
35 'cents was offered by buyers. rne
supply remaining in storage here is very
small afltl. practically all of ttavri are
belt! tt contract "leUvery. It is fvca
said that contract sales exceed the stock
on hand by a considerable margin. Fresh
eggs were steady to firm at unchanged
prices.
All grades of butter were firm and;
cubes cleaned up closely. Most sales re :
at 46 cents, with holders of extras ask-1
ing 47 cents, 1
Poultry receipts were fairly large and
sold at steady prices.
Cereal Stocks In California.
The San Francisco Grain Trade asso
ciation reports stocks remaining in the
state on-December 1: Flour, 177.372 bar
rels; wheat, 2,921,880 centals; barley, 6,-
19,040 busheU; oats, 140,860 bashels;
corn, 189,580 centals; rye, 7660 centals;
beans, 1,768,964 sacks.
Receipts at San Francisco during No-
ember: Wheat, 3721 tons against 541
tons last year; barley, 26,721 tons against
38,089 tons; oats, 970 tens against 2232
tons; corn, 1206 tons against 1515 tons;
bran, 600 tons against 1067 tons; bay,
346T tons against 8666 tons; beans, 76,
646 sacks, against 67,665 sacks.
Bank Clearings.
Bank clearincs of the northwestern
Ities yesterday were as follows:
Clearings. Balances.
Portland ..S3.584.728 S 710.341
Seattle 5,560.496 ,595,878
Tacoma, transactions 2.087,000
Spokane 1,801,090 . 754,219
PORTLAND MARKET QUOTATIONS
Grain, Floor, Feed, Ete.
Merchants Exchange, noon session:
I ecember.
January.
Wheat
Bid. Ask.
Bid. Ask.
Hard white 31.50
1.53
1.50
$1.55
"l.27
ott white l.KS
l.ZD
1.2S
1.20
1.21
..... 85.00
38.50 8&50
86.00
Western white. . 1.25
Hard winter... ....
Nor. spring-
uats
. 2 36 Nats... 35.00
No. 38 Nats.... 37.00
88.50
36.00
Barley
No. 44 Min.
Corn
No. 2 K. T. shtp.34.00
No. 3 IS. T. ship.33.00
Millrun 81.50
35.00
S4.50
38.50
32.50
35.00
84.00
81.50
FL.OUR . Family oatenta, 37.60 per
barrel; whole wheat, (6.S0; graham,
tt60: bakers' hard wheal. 7.10: bakera'
bluestem patents. 17.35; valley bakeru'.
t.10; straights, S5.U6.
JniL.L.FKJSD Price f. o. b. mill; mill-
run, ton lota, $35; middlings, 147; rolled
barley, t41(gi43; rolled oals. W. scratch
leed, 146 per ton.
CORN White. 141; cracked. 3 per
ton.
HAT Buying prices, f. o. b. Portland:
Alfalfa, $2021 per ton: cheat, $20;
oats and vetch, $22; clover, $20; valley
timotny. . iz'j; eautern Oregon timo-
tny, $2J.
Butter and Country Produce.
BUTTKR-Cubee. extras. 46lfc47c pound;
prints, parchment wrapped, box lota. Mo;
cartons, 52c. Butterfat. 53o delivered
Portland: 50c station fouyina: price.
ts-uus Buying prices: Henneries. 47C-
mixed colors, 45c; pullets, 40 42c. Scll-
ng prices: Front street, candled rancc,
53c; selects, 55c; pulleui, 45c; as
sociation selects, 55c; association firsts,
53c; association pullets, 45c
CHEKSE Tillamook triplets, price, to
obbers, f. o. b. Tillamook, 30c; Toung
America, oic; longnurna, sic pound.
POULTRY Hens. 1422c; aprlcga.
T720c; ducks, white, IS to 20c; geese,
18c; turkeys, alive, 2728c; dressed.
caotce. 35 38c
VEAL Fancy, 124c per pound.
1-oiiK Fajicy, 13c per pound.
Fruits and Vegetables.
Local jobbing quotations:
FRUITS Oranges, navels, $4.5006 box;
Japanese, $2.25 per bundle; lemons, $10
11 box; grapefruit, $d.7do7.ou box; bana
nas, 10Ullc lb.; casabas, 24c lb.;
pears, $2&2.50; grapes, HylOc pound;
apples, 7ac$2.50 per box; cranberries,
per barrel, $11 per halt-barrel box. $7
per third-barrel box; pineapples, $7
i.50 per box.
POTATOES Oregon, 60dx90c per
sack; Yakima, 85c&$1.50 per sack; sweet
potatoes, BbAc pound.
ONIONij Oregon, $2.2oQ2.50 per sack.
VEUKTABl-Ks Cabbage. 22ftc per
lb.; lettuce, $44.25 . per crate; garlic,
1520c lb.; green peppent, 25c lb.; toma
toes, $3.50 per box; Hubbard squash,
l-2o lb.; beets, $1.75 per sack; tur
nips, .. $22.25 per sack; cauliflower,
$2.252.50 per dozen; celery, 85c$1.13
dozen; pumpkins, 1i2c lb.; apinacb.
$1.25 per box; carrots, $1.50 per sack;
artichokes, $1.85 per doaen; sprouts. 1$
4? 17c pound. ,
Provisions.
Local Jobbing quotations:
HAMS All sizes. 2527c per pound;
skinned, 20027c; picnic,164j17c; cottage
roll, 2bc per pound.
BACON Fancy, 33 42c: choice. SW
32u; standards, 27 28c.
LARD Pure, tierces, 16c: shortening.
14c pound.
PRY SALT BACKS 20 23c; plates.
18 cents.
: Staple Groceries.
Local jobbing quotations:
BUG AH (sack basis) Cane, granu
lated, tic pound ; beet, 7.80c pound.
NUTS Walnuts.. per pound
Brazil nuts, 13 15c; almonds,
'He; peanuta, 8(⪼ filberts, 19 (026c;
pecans, due; cnesinuis, j.oauc; iucaory,
14c per pound.
RICE Blue Rose, 06c lb.
COFFEE Roasted, . bulk, in drums.
aut&oyc per pound.
SALT Granulated,, barrels, $2.609
2.t5; half ground, tons, 50s, $17: Ktus,
$10.
DRIED FRUITS Dates, lie per
pound ; figs, 15 S 22o per pound : apples.
12(jj)14c per pound; peaches, 15c; prunes.
HUpXAc; apricots, i(ff3lc.
BEANS Small white, 7&7c; pink,
7c; red, 7c; lima. lOVfeo lb.
uuMJtfrr-$-4.oo& per cae.
Hidfs, Hops. Etc.
HIDES Salted hides, all welehts. ion:
green axles; all weights, Sc; sailed bulls,
14c; salted or green kip, 11c; hair-slipped
hides and skins, half prk; flint dry
hides, 13c; flint dry calf and kip, 13c;
dry salted hides, 12c; culls and dam
aged, half price. Horse bides, green or
salted, each, V-W-i-oO; colt skins, 50c to
1; dry horse, 75c$$l with mane and
tail on.
SHE BP PELTS Dry sheep pelts. Ion.
23c; dry sheep pelta, short, lic; dry
sheep pflts, pieces, 11 &c; dry shearlings,
eacn, iow-c; sauea pens, long, each
$101. SO; salted pelts, short, each 75c
$l.2y; sait.ea sneanings, iut0c; sailed
goals, long, $12; salted goats, short,
50c $1 ; dry goats, long, per lb., loc;
dry goats short, each 25(3o0e: aoat
shearlirigs, 10$ 20c
TALLOW No. 1, 55Wte; No. 2, 414$
5c per pound; grease, 3 04c per pound.
CASCARA BARK New peel, bo per
pound; old peel, 8c per pound.
OREGON GRAPE ROOT Per lb., 7c
HOPS 1922 crop, 7c per pound.
WOOL Valley wool, fine and half
blood, S540c; three-eighths blood, 320
She; quarter blood, 30032c; low quarter,
25027c; matted, 22025c
MOHAIR Long staple, 45c, delivered
Portland; short staple, 40c; burry, 25c
per pound.
oils.
LINSEED OIL Raw, in barrels, $1.10;
5-gallon cans, $1.25 ; boiled, in barrels,
$1.12; 5-gallon cans, $1.27.
TURPENTINE in drums, $1.82; 5
gallon cans, $1.97.
WHITE LEAD 100-pound kegs, 13 o
per pound.
GASOLINE Tank wagons and Iron
barrels, 25c; cases, 26c per gallon.
DISTILLATE Tank wagons and iron
barrels, lac per gallon.
Lumber.
The following are direct quotations en
Douglas fir and represent approximately
prevailing f. o h. mill prices In carlo ts
and are based on orders that have been
negotiated:
Pre
vailing
Flooring
1x4 No. 2 VS ...
1x4 No. 3 VG ...
1x4 No. 2 4 B, SG.
lx N0.2&B, SG.
Stepping .
High.
,$51.00
. 45.00
. 89.00
, 42.00
$49.00
41.00
38.00
40.00
$48.00
88.00
41.00
No. 2 & B ...
70.00 60.00
Finish No. 2 and better
1x8 10-lnch 58.00 53.00
Casing and base ... 83.00 CO. 00
Ceiling
x4 No. 2 ft B 40.00 36.00
1x4 N. A B 40.00 87.00
Drop aiding , ,
1x6 No. 2 & B .... 41.00 SB.00
1x6 No. 8 .. 37.50 36.50
Boards and SL No. 1
lx8-10-inch SIS.. 19.50
Ixl2-inch 22.00 20.60
Dimension No. 1 S &
2x4 12-11 18.50
Planks and small timbers
4x4 12-16 S 4 S .... 22.50 lg.60
3x10-12 12-16 S 4 S. 24.00
Timbers 32 feet and under
6x6-8x10 SIS 24.00 21.25
Lath
Fir ' 4.60 .....
Cottonseed Oil.
56 00
87.00
89.00
40.00
19.56
18 50
21.50
Cottonseed oil futures at New York,
furnished by Jordan-Wentworth & Co.:
December, $9.70; January, $9.659.66;
February. $9.759.85; March, $9.969.99;
Aoril. 10.0410.05; May. S10.121il0.is-
June, $10.1ieM0.24; July, $10,28210.2.
jjjwt. &.fu, . XoUi astes, ii.buo,
GRAIN PRICES MOVE
LOWER RANGES
Market Declines After Heavy
Profit-Taking.
DROP, SHARP AT CLOSE
Export Demand Slow; Liverpool
Slightly Higher on Unfavor
. able Argentina Xcws.
BT CHARLES MICHAELS.
("By Chicago Tribune Leased Wire.)
CHICAGO, Dec 15. Grain markets
made a poor response to the radically
bullish news evening up for the govern
ment report due after the close and
heavy profit-taaing resulting in a lower
range, although May and July corn and
July oats sold at a new high for the
season due to a strong rally around
noon. The markets all dropped sharply
toward the last and finished with wheat
off lJi01, corn H01. oats and
rye
Introduction pf a bill Into congress
to appropriate $70,000,000 for German
relief, the favorable report on the farm
credit bill, talk of a huge international
loan to Germany, wet weather in Argen
tina and unfavorable weather in Kansas
all had considerable influence on senti
ment at times. There was a marked let
up in -the outside buying, however, and
the market acted strained with some
of the local traders Inclined to take a
bearish position on the July.
Bulges met with increased pressure
and toward the last reports that zwu.uuu
bushels cash wheat had been sold from
Omaha to come here led to general sell
ing and a break to the lowest figures of
the day. Under $1.23 for May an ex
cellent class of buying developed which
checked the decline. Export demand slow
and mainly for Manitobas. Liverpool
closed unchanged to d higher on the
unfavorable Arsentine weather.
Long December corri came out freely
throughout the day and while the de
ferred deliveries showed independent
strength at times due to buying by local
bulls the. market eased off rather sharp
ly toward the last. Offerings of cash
grain were not larae. purchases on over
night bids being estimated at only 80,000
bushels. Further quantities were booRed
during the day on the advance, fre
mfums in the sample market were &o
higher at the last with receipts 800 -cars.
A fair export business was put through
at the seaboard with a cargo to bcandi
navia.
A growing bull sentiment was noted In
some quarters regarding the oats market.
The decrease of 745,000 bushels in stocks
at Minneapolis attracted considerable at
; tention, as that market has the largest
supply of any market. July sold it
new high for the season, and the De
cember advanced to within 4c of the
best figures of the season, but all de
liveries reacted toward the last , with
other grains. Receipts, 136 cars.
Trade in rye was only fair with the
action of wheat the dominating influence,
Talk of a German loan failed to induce
much new buying. Northwestern move
ment has fallen off materially due to the
close of navigation, and the two mar
kets received only 84 ears.
-
A decided surprise was given the grain
trade late today by the government crop
report m Its finals for the year, and
was taken by the trade In general as
bearish, creating the impression that
prices tomorrow are to sell lower. The
report Increased the winter wheat yield
4a.000,000 bushels over the previous re
turns and spring wheat only 2,000,000
bushels, making a gain of 47,000.000 bush
els more than the trade had figured on
and 41,00,000 bushels in excess of last
year's revised figures. Evidently the In
crease of 4,000,000 acres winter wheat
over previous figures was area previously
reported as abandoned, but Included in
the late returns. -
.
There was not enough change, a cut o:
5,000.000 bushels in the corn crop from
the November figures, to be a big factor.
The report was 91,000,000 to more than
100,000,000 bushels above the private esti
mates, while in oats a reduction of 15,
000,000 bushels was regarded as favor
able to the ' holders, while rye figures
were raised 15,000.000 buahels. making
a record crop. Taking the report in all
grains. It is 82.000.000 bushels more than
previously estimated and 65,000,000 bush
els 4n excess of last year's revised figures.
Secretary of Commerce Hoover In a
speech before the national co-operative
association's convention today, said farm
ers were entitled to relief from present
financial conditions and were to get it in
a suDstantiai way very soon.
Heavy selling for profits with a liberal
amount of short selling has been on in
all grains for several days, and it is no
more than natural that the markets
should show the effects. It would not
surprise some of the most ardent advo
cates of higher prices to see a recession
of 1 to 2 cents from tonight's close, which
will develop buying orders and possibly a
rally. The trade evened u for the gov
ernment report at the last.
Grain traders had it that the German
loan is an assured fact and that the
money Is to be used to buy food and
cotton. Washington advices tended to
confirm this belief. One of the late re
ports was that a loan of between $1,000,
OOO.ooo and $2,000,000,000 was to be
made Germany by private banking in
terests 10 put mat country on ita feet.
It was said in political circles that were
the foreign situation to be cleared it
would result In a general restoration of
confidence here and a. wave of buving
which would carry grain and commodity
values higher.
The daily Chicago market letter re
ceived by the Overbeck 4t Cooke com
pany of Portland follows:
Wheat It was an erratic market
throughout, (he session with bull news
having lens influence' than for several
days. The disposition of the trade was
to sell on small upturns and this proved
too much for the buying power. Inac
tivity in export circles, together -with a
change In the visible supply figures
snowing an increase ot 3,5.9,000 bushels,
had mnay in the trade skeptical as to the
strength of the Immediate position. This
idea was further augmented late n the
day by a report that Omaha had sold
200,000 bushels of wheat to come here.
On the other hand, news from Washing-
.on indicated progress being made to
ward the establishment of international
credits, as well as the bit! designed to
bring in foreign buying by authorizing
the war finance -corporation to finance
shipments for six to nine months. Re
ceipts in the local market were small
and the spot trading basis relatively
firm. It is not- improbable that the
market will temporarily display a reac
tionary tendency until the heavy selling
of the past two days has been digested,
but we believe bull factors are still per
manent and that the market will again
resume its upward trend.
Corn Trade today was of a mixed
character, fluctuations being governed
largely by the action of wheat. Although
receipts showed a small increase, the
demand was good and the spot trading
basis fractionally 'higher relative to the
December, which declined one cent nnder
the Dressure of liquidation by holders.
The export demand was said to be less
keen, although the seaboard reported
some export business being done at the
highest prices on the crop. The action
of market tomorrow will no doubt be
governed to a considerable extent by
the government crop figures to be issued
later In tne aay.
Oats displayed some stmegth early
but, as in other grains, there was more
for sale n tne way or liquidation tnan
the market could absorb, except at
price concessions. Cash oats were firm
at vesterday's basis. Country offerings
to arrive remain light. We look for the
market to receive good support on any
small decline.
Rve Business in wheat Induced liqul
dation of - rye contracts and brought
ahnut lower prices, -t raae was compar
atively small, apparently awaiting the
reappearance of export buying. Receipts
were moderate and the cash trading ba
sis steady at 114 c over December for
No. 2 on track.
Leading futures ranged as follows:
WHEAT.
Open. High. T,ow. Clise.
December. $1.24 4 $1.25 $1.2'i $1.23N,
iiay...... s,S3is LS4 Lii .Ulit
July 1.144 IK :
l.lStt 1-13H
CORN.
December. .75 .754 .74 M
May 731 .74 .7SH
July 73 .74 .72
OATS.
December. .45 H .4
May .463, .47H
July...... .42), .43 .4-'.a
.74 U
.73
.453,
.4iy, !
LARD.
10.17 10.25 10.17 10.25
10.42 10.55 10.42 10.05
January..
May
BHORT RIBS.
January 10.35
May 10.20 10.30 10.20 10.30
Cash prices were:
Wheat No. 2 hard, 31.27.
Corn No. 2 mixed, 75376c; No. 2
yellow, 7676c
Oats No. 2 white, 47 0 4S&C; No. 3
white, 43 041ac.
Rye No. 2, lkc.
Barley B5 74c.
Timothy eed $6 6.75.
Clover seed $1620. .
Pork Nominal.
Lard $10.40.
Ribs $10.50 0 1 1-50.
Primary Receipts.-
CHICAGO. Dec. 15. Primary receipts:
Wheat. 1.242,000 bu. vs. 879,000 bu. Corn,
.038,000 bu, vs. 1.870.000 bu. oats, o,-
000 bu. vs, 433.000 bu. . ,
Shlnments W heat. 617.00U bu. vs. 1 r,-
000 bu. Corn, 618,000 bu. vs. 890,000 bu.
Oats, 673,000 bu. vs. 367,000 bu.
Clearance?) Wheat. 4,ouo du. torn,
08,000 bu. Oats, 70,000 bu. Flour, 82,-
000 barrels.
Cash Grain Markets.
Furnished by Jordan, Wentworth & Co.,
Portland.
OMAHA. Dec 15. Wheat No. 2 nara.
Jl. 17(91.19; No. 3 hard. !.161.19.
(.Torn o. wcue. uof&fiwv. -v.
yellow, 7071c
Oats ito. 3 white. MijIS'Mc.
KANSAS CITY. Dec. 15. Wheat No.
2 red, $1.28;, -No. 3 red, $1.83. .
Corn No. 2 mixed, 73c; No. iiyenow,
75c.
Oats No. 3 white, 46ic.
ST. LOUIS. Dec." 15. Wheat No. 3
red. $1.35: No. 2 hard, $1.24.
Corn No. 2 mixed, 70c; iso. a mixeti,
3 He
Uats No. 2 white, .
WINNIPEG.,. Dec. 15. Wheat No. 2
northern, $1.05; No. S northern, $1.02 .
DULUTH, Dec. 15 Flax $2.69.
Minneapolis Grain Market.
Furnished by McCaul-Dlnsmore ' Grain
company of Portland:
Wheat No. 1 dark northern, irood to
fancy, to arrive, $1.26 1.8S ; lancy
No. 1 dark nortcern, L.az iff' i.otf?, ; iu.
1 dark northern. $1.254, 3)1.31, ; to ar
rive. S1.25&: No. 1 northern, si.zaik
1.80H; to arrive, rancy io. s
dark northern, $1.27 & 1.84 ; No. 2
dark northern; $1.21 (8 1.27 : No. 2
northern, $1.18 01.25: fancy No. 3
dark northern, $1.23 1.2fl ; No. .1
dark northern. $1.16 1.23 ; No. 3
northern. $1.15 1.22 ; No. 1 dark
hard Montana, 1 24 1.R1 : to ar
rive, $1.24 91.30; No. 1 hard Mon
tana. $1.21 1.24: to arrive. $1.21
(Sil.23: No. 1 dark hard Minnesota ana
South Dakota, $1.21 1.23 : to ar
rive, $1.20(S1.21; No. 1 hard Minne
sota and South Dakota. $1.20 1.2t :
to arrive. $1.20; fancy 1NO. 1 amoer
durum. $1.14 1.1 'A ; to arrive. 11.1114
01.14V&; -No. 1 amber durum, $1.07
1.13; to arrive, $1.07; No. 1 durum.
$1.011.06Vi : to arrive. $1.01; fancy
No. 2 amber durum. $1.12H115 ; No.
2 amber durum. $1.04 (gi 1.11 ; No. ,2
durum, 0Vfcc(j$l.O3.
Corn No. 2 yellow, 686!I4c: to ar
rive, 68!4c; No. 3 yellow, 6748
to arrive. 67 "4 c.
Oats No. 2 white. 4244c; No. 8
white. 4143c; to arrive, 40V4C
Barley Choice, 6265c; medium pood,
58881e; lower grades. 5357c.
Rye No. 2, 83S4S3?ic; to arrive.
88 He.
Flax No. i, . $2.672.69; to arrive.
$2 60.
Wheai futuTes December, $1.22; May,
$1.21; July, $1.1.
- Grain at San Franelsco.
SAN FRANCISCO, Dec. 15. Wheat
Milling, $2.20(82.25; feed, $2.202.25.
Barley Feed, $1.40&1.45; shipping,
$1.50a1.55.
Oats Red feed, nominal.
Hay Wheat. $1T20; fair. $1517;
tame oat. $1721; wild oat, $141:
alfalfa. $19621; stock, $1215; straw,
$1112. ...
Seattle Grain Market.
SEATTLE, Dec. 15. Wheat Hard
white, $1.25; soft white, western white,
$1.23: hard red winter, soft red winter,
northern' spring. $1.18; western red, $1.16;
Big Bend bluestem, $1.60.
Feed and hay. unchanged.
ft
Winnipeg; Wheat Futures.
WINNIPEG. Dec. 15. Wheat Decem
ber, $1.08; May, $1.12; July. $1.11.
A number of Portland Investment
bankers left last night for Spokane,
where a group meeting Is scheduled for
today. The gathering of the investment
men is strictly business in nature and
matters of Importance to the bond busi
ness will be discussed. Portland firms
will be represented as follows: Security
Savings ft Trust company. Dan Upp;
Ralph Schneeloch ft Co., Ralph Baldwin;
Ladd ft Tilton. Willis K. Clark; Freeman,
Smith ft Camp, Frank W. Camp; Lum-
bermens Trust company, James H.
Lynch; G. E. Miller & Co., Thomas B.
Greening; National City company, W. H.
Hemphill.
m 9 m
Edgar Marvin, cashier of the Lostine
State bank, was among the out-of-town
bankers who made an appearance here
yesterday. In addition to bis duties as
bank cashier Mr. Marvin is county judge
of Wallowa county. He is interested in
good roads and one of his purposes in
being here was to attend the meeting
of the state highway commission. Due
to the fact that the market prices for
stock are not what is desired by growers,
conditions are not exceedingly prosperous
in the Lostine country.
Myron Sinclair, vice-president of the
Bank of Southwestern Washington of
Tlwaco, was here yesterday and had
long talk with officers of the First Na
tional bank. He stated that the Astoria
fire was a serious blow to all lower Co
Inmhla river towns, whether they he on
the Oregon or Washington side, and that
the united efforts of all are required to
build up what has been destroyed.
Deposits In the hank of McMinnville
are greater than they have ever been
before and money in Tamhili county Is
plentiful, according to E. C. Apperson,
president of the McMinnville National
bank, who paid his respects to local
bankers yesterday. He declared that
conditions throughout Tamhili county
are good and that they are bound to im
prove if the prospects that are evident
now are followed by actualities.
Edgar FT. Seesenlsh, vice-president of
the Northwestern National bank, was
back at his desk yesterday morning. He
returned from Tacoma. where he ad
dressed a gathering of 200 Pacific north
west business men who had assembled
to dlseuss foreign trade conditions.
The face of A. L. Tucker, Tlce-presi
dent, was missing from the United States
National Bank yesterday. He" haa de
parted for - California, where he will
spend three weeks visiting relatives and
taking a much-needed vacation.
C. D. Rorer, president of tho Bank of
Commerce of Eugene, was here yester
day. A portion of his time was spent
discussing business matters with officers
of the Northwestern National bank.
RalDh Wortman, cashier of the .First
National bank 01 MCMinnviue, was m
Portland Thursday and called on offi
cials of the Ladd ft Tilton bank.
Grocer Heads Centralis Bank.
CHEHALIS, Wash., Dec. 16. (Spe
cial.) Announcement 3 was made today
that Harold Gingrich, who for some
months has been in charge of the Ging
rich & Son grocery business in Cbsha
lis. will become officially connected with
the Centra.Ua State bank January L Re
organize tlon of that institution was an
nounced this week with C O. Gingrich
as president. Harold Gingrich will con
tinue to have supervision of the Che
halis pioneer grocery business of the
firm, wlttr" Emil Bieker,- a trusted em-,
ploye. in charge. Mr. Gingrich Is a I
member of the ChehaMs Kiwants club.
He Is a graduate of the Chehalis high'
school and attended 'Washington State !
college. .
Chicago OU Market.
(Bv Chicago Tribune leased ware,) 1
CHICAGO, Dec 13. Gasoline: TankJ
wagons 18c, service stations 20c, machine i
27.7c; oils, summeT 11.4c, winter 11.0c;
Carbon Perfection, iron barrel llic,'
lineed oii, raw, 1 to 4 barrels delivery
$U boiled $1.02; turpentine, $1.61; dena
tured aitokoi4-4i- . .
j ;
Oregon Bond and Banking
News.
CUTTLE PIES LIFTED
FANCY STEERS BRIXG 58.25
AT LOCAL STOCKYARDS.
Shipment Comes From Eastern
Oregon Experiment Station;
Other Divisions Steady.
Seventeen loads of stock were received
at the stockyards yesterday, including;
a shipment of fancy cattle from the
eastern Oregon 'Xpsrlmeiit station.
The Deut load of steers sold at $8.25,
or 75 cents over the ruling top of the
market. On the basis of tho higher
prices Realized during the day. Quota
tions in the steer division were advanced
with choice quoted at $7.508.25 and
medium to good at $6.757.i0. Other
grades of cattie were firm and un
changed.
The hog market was steady at previous
ouotations.
ftheep and lambs were steady to strong
witnout change in price.
Receipts were 225 cattle, 30 calves,
514 hogs and 241 sheep.
The day's sales were as follows:
Wt. Price.! wt. Price.
25 steers 1192$ 7.65 1 calf .. .130 4.25
25 steers 1192 8 2o17mlsed
844 2.60
25 steers 1 1 22
26 steers 1078
26 steers 1220
24 steers 1053
28 steers 1041
1 steer . 1)10
28 steers 1041
1 bull
.11X0 3.50
7.501 1 hoe .. 160 8.25
7.507l hogs .. 1S2 9.25
7.26110 hogs .. 148 8.75
7.0O 1 hog ... 148 5.00
3.5010 hogs .. 205 9.25
" OOllShogs .. 20t 9.25
3.00 1 hog . . . 240 9.50
2.50 1 hog . . . 370 8.50
3.23(1 1 hogs .. 243 9.00
3.25lKhogs .. 234 8.75
3.001 4 hogs . . 250 8.75
2.25 1 l,og ... 300 8.00
3.25 5 lambs 60 5.00
3.00 25 lambs 90 11.00
1 cow '.. 920
1 cow ..1 190
2 cows .llto
1 cow
1 cow
1 cow
1 cow
3 cows
1 cow
1 cow
.1060
.1040
.1060
..1020
. ;13
. . 540
. . ItSO
1.751108 lambs
2.251 1 buck
B.OO 1 hoi .
87 12.00
130 4.00
8 he'f
911
190 9.60
56 10.1KI
115 6.50
S3 3.00
20 he f'rs 938 4.35141 lambs
1 he'f'r 1270 5.00126 ewes .,
7 calves 251 6.00 2 ewes ..
23 calves 164 8.25 7 calves
164 8.25i
Prices quoted at the Portland Union
stockyards were aa follows:
Cattle Price.
Choice steers $ 7.50 8.25
Medium to good steers .... 6.75B 7.50
Fair to medium steers 5.75$ 6.75
Common to fair steers 4.25'U 5.75
Cnolce heifers 4.50(a) 6.00
Choice cows, heifers 4.50) 5.00
.Mru. to gooa cows, heifers.. 4.00 4.50
rair to med. cowb, heifers..
Common cows
Cannera ...... ...
nuns
Choice feeders
Fair to good feeders
3.50(6) 4.00
2.50 a 3.50
1.50W 2.50
3.00 4.25
5.00-a 5.50
4.00 6.00
8.00! 8.50
Cr-oice dairy calves
rnma llgnt calves
Medium light caive.
8X0 9 8.50
. 7.50 8 00
Heavy calves 4.00 7.00
Prime light
Smooth heavy, 250 300 Ibsv
Smooth heavy, 3;0 lbs. up...
Fat pigs
Feeder pigs
Stags, subject to dockage..
Sheep
EfL9t-of-mountain lambs
Choice valley lambs
Medium valley lambs ,
Common valley lambs
Cull lambs
Lirht yearlings
Heavy yearlings
Light wethers
H'-avy wethers
iwes ,
9.00(3 8.50
8.00 9.00
7.i0(8) 8.00
8.J0 9.00
8.50 9.00
4.50 6.00
10. 50 12. 00
10..'012.00
0.50fiJl0.5O
8.50(5) 9.50
6.75 8.50
..)0(.i: 10 no
9.00I& 9.50
7.50 8.50
7.00 7.50
2.00 6.00
Chicago Livestock Market.
CHICAGO, Dec. 15. (United States De
partment of Agriculture.) Hogs, 40,000,
market strong with Thursday s best
time; bulk 200& 250-pound averages
e.uoix s. lu; mostly, S.lu; 140& 180
pound averages strong; mostly $8.15; top,
J8.15; packing sews, $7.25tg)7.7r; dpslrable
piga, ?8f&)S.15: heavy hogs, J7.!58.10
mtdiurn. $89.10, light. $8.;B(S8.1f;
light light, $8.05(2)8.15: packing sows.
s.-nooth, J7.50gi7.75; packing sows rough,
..z)Q0 f.wi; Killing pigs, $i8.13.
cattie iyw, market stow. uneven,
weak to lower on beef steers; better
grades butcher she-stock, Blockers and
feeders and veal calves; killing quality
plain; early top yearlings, $11; bulk of
beer steers, S&9.75: lower grades beef
cows, canners and cutters steady to
strong; bulk desirable veal calves to
packers around, $9.50; bulk canners,
$2 75; bulk desirable bologna bulls,
$14.33.
bheep 8000, opening slow: chofc fat
Umbs steady to weak; in between grades
tending lower; early top, $15.00 to ship
pers; $15.40- to packers; fed SO-pound
clipped lambs. $18; fed 85-pound year
ling wethers, $12.50; feeders quiet; sheep
steady; heavy fat ewes, $5&6; lighter
weight quotable up to $7.75.
'Kaunas City Livestock Market.
KANSAS CITY, Mo., Dec. 15. (United
Spates Department of Agriculture) Cat
tie, 2300, all classes around steady with
undertone dull on beef steers and active
cn canners and cutters; one load Christ
mas long yearlings, $13.75; otht-r steers
early, $5.85 & 8.K0 ; some western cows,
$3.754.25; good natives, $5&6.50; most
earners around $2.25; a few at $230ig
2.50; bulk good cutters, $3(&3.25; medium
bologna bulls, $3.50; better grados veal
ers, $89; virtually no Blockers and
feeders sold early.
Hogs 6000, active and steady to lOcs
higher; most activity on mixed quality
and lighter weights; packer lop, $8;
snipper top, $7.95; 140 to 180-pounders,
$7 75 7.901; bulk desirable, 190270
pounders, $7.95 & 8; packing sows steady
to 10c lower; mostly $7.25; stock pigs
steady to 15c higher; bulk $77.25; few
at $7.50.
Sheep 3000; Iambs steady, 23c lower;
mostly 25c off; odd bunches natives, $14
3 14.50; fed lots averaging 90 pounds,
$14. 25 14.35; sheep steady; no choice
light ewes offered; heavy ewes, $6 6. 50.
Omaha Livestock Market.
OMAHA, Dec. 15. (United States De
partment of Agriculture.) Hogs, 10,000,
strong to 10c higher; bulk mixed and
packing grades, $7g7.60; bulk butcher
hugs, $7.75-7.85; top. $7.85.
Cattle 3200, market slow, warmed up
and short-fed steers, 25c lower; fed
?teera early, $9.25; she -stock weak to
25c lower; veals, canners and cut tors
steady; top veals, $9; stockers and feed
era dull.
Bhp 2.V0. all classes steady; bulk
lambs. $l4.40lfl4.50; top. $14.70; fwes,
$? down; no feeding lambs included.
Ran Framisr Livestock Mnrket.
PAN FRANCIHCO. Dc. 15. (Federal-
State Livsrock Markwt News Service. )
Cp.ttle Bepf steers, good grade, $7.70 fy ;
8 00; medium grade, $7 7.50: common
grad. $fl.7ft; beef cows, good srrad,
$5..56; medium grado, $5.255.50;
cemmon grade, $455; canners and cut
ttrs. $23.M: bologna bulls, $34.50:
calves, 150 200 pounds, gwd and
choice. $7.50g'8; 200 to 250 pounds, good
and choice, $7.25 7.50; 250 o 300
pounds, good and choice. $S-757.25;
over 300 pounds. $5.506.60.
Hogs Good and choice grain fed
Californias, 150 to 100 pounds, $lfl
10.50: 200 to 250 pounds, $9.50'10 250
to 800 pounds, $8.50&)9.25; over 300
pounds, $7.50 8; smooth sows, 250 to
300 pounds, $.507; rough sows, 250 to
800 pounds, $5.506; over 800 pounds,
$4.50 5.60.
Sheep and lamb Full-wooled lambs,
good and choice grades, $13.5014; me
dium grade, $12.5013.50; ewes, medium
end good, $5.606.50: wethers, medium
and good, $8-5010.
Seattle Livestock Market.
SEATTLE. Dec. 15. Cattlo and hogs
steady, no receipts.
QUOTATIONS ON DAIRY PRODUCTS
Coast and Eastern Markets for Butter,
Cheese and Eggs.
SAN" FRANCISCO, Dec. 15. (United
Statea. Bureau of Agricultural Eco
nomics.) Butter Extras, 61c; prime
firsts, nominal; firsts, 49c.
Eggs Extras, 54 c ; extra pullets,
50c; undersized, No. 1, 47c
Cheese California flat fancy. Z6o;
firsts, 23c; California young America,
fancy, 2c. .
NEW YORK, Dec, 15 Butter
Steady; creamery firsts, 4653c
YOKOHAMA,
USSP SS West Keau Deo. 31st
YOKOHAMA, KOBE,
USSB S3 Wawalona Jan. 8
USbB tb jafltern &auor..- eb. la
For rates, space, etc., apply to
Broadway 5300. 50l-5 Board of Trade Bids. rortland, Oregon.
firsts. 5SG0c; firsts, 64ff57c; Paclflo
coast whites, extras, 6SS69c; Pacific
coast firsts to extra firsts, 626.c; re
frigerator firsts, 31V4 6'2Vic
Cheese Steady.
Live poultry Steady; chickens by ex
press, -'sc. .
Dressed poultry rateaay ; vuicjb, .u.
1 fresh. 454c.
CHICAGO, Dec 15. Buttef Cm
changed.
Kggrs Higher: receiprs -.w --3;
firsts, 51?55c; ordinary firsts. 4S50e;
miscellaneous. 009 Me; reirigerainr ex
tras. aVi30o; refrigerator firsts. 27
2Sc.
Poultry Live, lower; fowls. 14819c;
springs, 17 be; roosters, 13c; lurkeys,
35c; geese, ISc.
SEATTLE, Dec. 13. Eutter and eggs,
unchanged.
SAX FK.4NC1SCO TKODCCE MARKET
Prices Current on Vegetables, Fresh
Fruits, Etc., at Bay City.
SAN FRANCISCO, Dec, 15. (State di
vision of markets.) Poultry Fryers, 2S
28c;' broilers. 2535c; young roosters,
214f27c: of. 141Sc; hens, lS2So;
ducks, 1820c; live turkeys, 3035c;
dressed, S40c: hares, pound, 15 18c;
squab dozeu, $3&S.iO; Jackrabblta. dos..
I2ffl2.50.
Fruit Apples, box, $12.75; Lady
apples, box, $2.503.75; grapes, crate.
$11.65; grapefruit, $26.50; huckle
berries, pound, 25c only; lemons, $64)
$7.50; oranges, navels. S.50g4.50;
peaches, nominal; pears, box, $12.50.
Vegeu.bles Beans, pound, 520c;
cabbage, pound, llc; cauliflower,
dozen, $1(91.25; carrots, sack, $11.25;
celery. crate. $2.503.5O; cucumbers,
dozen, $1(6.1.75; lettuce, crate, $1.25(0
$3.50; beets, sack, $1 is 1.25; ouiona, brown
and yellow, cwt., $1.251.73 at wharf;
white, cwt., $1.50(&'1.75 at wharf; green,
box, $1.25 1.50; peas, pound, 1020c;
potatoes, cwt., 80c$1.85; sweet, pound.
l(ft'2c; rhubarb, box, $11.50; summer
squash, lug, $1.23(81.73; tomatoes, luj,
$1.252.50; turnips, per sack, $lLi5;
ulives, ripe, pound, 7(fe'8c.
Receipts Flour. 300 Quarter sacks;
wheat, 7200 ter.tals; barley. 8551. cen
tals; potatoes, 1346 sacks; hay, 110 tons;
hides, 1033; lemons aud oranges, 900
boxes.
GIG TJUOd DEAL MADE
NEW COMPANY TO START IX
WITH 1500 CAKS. "
New 'York Concern Reorganized
by Chlcagoans and Capital
. Increased $2,500,000.
BT O. A. MATHER. '
(By Chicago Tribune Leased JIre.J
CHICAGO, Dec 15. New Yorkers ara
to be given the benefit of Chicago's de
velopment of taxi cab servloe.
Under the guidance of John Hertz an
his associates of the Yellow Cab com
pany, the New Tork Taxicab company
will be reorganised as the New York,
Yellow Cab company. The old com
pany's prefprred stock will be retired
and its 10,000 shares of common stock
will be exchanged for 50.000 non-pai1
common shares or tne new company.
The new company will market an addi
tional 50,000 shares, thereby gaining
about $2,500,000 in new capital. It has
arranged tor an initial purchase of 1000
ycabs from the Yellow Cab Manufacturing
company of Chicago. It will start op
erations with about 1500 taxis. Tt is
understood the stock will be traded in
on the New York curb exchange aftar
New Years.
British restriction of crude rubber out
put has increased prices 100 per cent
since October and, unless modified, will
cost American motor car users over
$100,000,000 next year. President H. S.
Firestone told stockholders of the Eire
stone Tire & Rubber company at their
annual meeting today. He urged de
velopment of the rubber industry in the
Philippines and South America by Amer
ican capital.
In the fiscal year ended octorr m.
the company's sales totaled $t4, 507,301.
Earnings, after depreciation, taxes, in-terPKt-
etc.. were $7,348,421. After pay
ment of preferred dividends and mlscM-.
laneous charges, there was shown a net
Increase of $16 a share In the common
stock equity. During the year bank in
debtedness was reducea irom $Ji,tiou,uuv
to $12,775,000. . -
The Calumet & Hecia Alining com
pany is preparing to absorb several sub
sidiaries and to acquire manufacturing
facilities which will consume a large
part of its mining output. It was an
nounced today that it is proposed to ab
sorb the Ahmeek, Aliouez, Centennial
and Osceola mining companies. Valua
tions of .the properties are being mad1.
The voluntary bankruptcy of the King
Motor Car company has been ended. The
receivers were discharged and a divideud
of 17 per cent was declared.
Auto Tark Fees Total $334.
CENTRALIA, "Wash., Dec. 15.
(Special.) During the recent tour
ist season 1365 autos were regis
tered at Riverside park, the city's
tourist camping ground, E. H. Col
son, chairman of the local park
board, told the city commission at
its -weekly luncheon yesterday. A
charge of 25 cents a day the car
was made at the park, fees collected
totaling $344. Mr. Colson recom-,
mended that additional b illdtngs
b& constructed at the park next
season. .
Wednesday. Dec. 20. 10 A. St.
Every Wednesday Thereafter.
FOK MX rRANCISCO
LOS ANGIXDS, BAN DIEGO.
Honolulu Service
Sailing From San Franelseo
H. V. Alexander Jan 4, S P. M.
H. JT. Alexander Jan. SO, 5 P. SI.
Ticket Office.
101 THIRD ST.. COB STARK.
rbone Broadway 6481.
ASTORIA AND WAY POINTS
STRS. I-UBMNK AND tJi.DIE
Daily. Eieept Saturday,
7:30 P. SI.
Fars to Astoria $1.85 One Way
$",.00 Round Trip.
Week-End Bound Trip $2.50.
Tlie Harkinn Transportation Co.
Broadway 6344. Alder-St. Dock.
AUSTRALIA
NHW ZEALAND AND SOUTH BBAS
Via Tahiti and Baratonca. MaU and
pattaenger aervlca Irom baa Ifrajuiaea
every US dare.
footle Xour. Sontb Sea.. New Zealand.
Australia, 5e5. Fir Claw. ,
tTSiOS. S. B. CO. OF NEW ZEALAND.
ta California at.. San Krauomeo,
local .team.hlo and rmliroa . nciee.
I if SS. Admiral Evans gf
1 la Kail from Municipal Dmk 0. 3 S
tiff
I I
North China Line
COLUMBIA PACIFIC SHIPPING COMPANY
Operating United States Government Snips
DIRECT FRKIfiHT SBRV1CK WITHOUT
TRANSHIPMENT BBTWEES
FORTLA.N D. OREGON,
and
KOBE, HNKBAI,
TAKUBAR
(Tientain) DAUIEX
USSB SS West Kader..,
HONGKONG, SIANU.A
USSB SS Montague
.Fob. lt
.Jan. IS
Y