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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Oct. 22, 1905)
THE STrDAY-.QRKGOTAX, PORTLAND, OCTOBER 22, 1905.,,,
PRESSURE TO SELL
Off Day in the Local Hop
PLENTY OF LOTS OFFERED
Dealers Unwilling to Take On Gooiis
at Any Price Weakness Due to
the Selling by Krcbs:
HOPS Local market filled, with grow
ers anxloufl to .oll.
FRUIT Three cars or bananas due
P iULTRY Receipts cleap tip at
steady Drleosv ,
KGGS More Eastern stock arrives.
BrTTER Shading ot prices reported.
W HEAT Demand moderately active at
OATS Offerings are more liberal.
Yesterday was an oft day- in' the- hop mar
ket. The town was full or growers anxious
to sell, some of them .at any price. Prac
tl ally every Portlnnd dealer was out of the
market. &xfi as a result of the fruitless effort
cf growers to find buyerfjfor their goods, there
Wire offer? of hops at prices that have not
been heard here for years. One grower -with
an odlnary sample was willing to part with
the lot for S cents. Anothor Instance was re
ported where a choice hop was offered for 10
cents. As dealers were without Eastern or
ders they naturally declined to buy in the
fare of the eelllng pressure.
Under the conditions, it -was natural to ex
pect the most gloomy predictions for the
future, especially on the port of dealers. Al
most without exception v they eald they looked
for still lower prices. One of them declared;
"I am satisfied that the ordinary grades of
hops will go down to 5 cents before bottom la
reached, but I do not think choice can drop
below 10 cents, or 0 cents at the lowest."
Tho sudden anxiety on the part of eo many
growers to sell was attributed to the lotting
go of the Krebs stock of 1004s at 0 and a
fraction. Only four dealers could be found
who had bought any of the Krebs hops. Ot
tenhclmer, Ray, Plncus and Harris, each tak
ing 100 bales. It Is eaid that no offers have
been made of the remainder of the lot. even
at 0 cents. When.it was learned that the
Krebs hops were going to be -put on .the
market, several dealers at onco offered the
en'ire lot East, each to a large number of
dealers Thla of itself had .a tendency to
paralyze the Eastern trade, and In no pmall
degree contributed to the present condition of
The statement made at Salem by Joe Harris
hat growers are foolish to sell at present
price1, as conditions make an advance almost
crtaln. came In for lively discussion 'among
Ijcal dealers, who declared they could . not
agree with Harria' conclusions. Benjamin
Schwartz & Sons, of New York.' for whom
the hops were bought, have so far been about
the heaviest buyers of Pacifies, having taken
cn eome .5000 bales this, season. It is believed
now that the Schwartz buying was .nearly
all on speculation, and If this is so, it Indi
cates faith in .the future, on ithe part or one
cf tho biggest houses In the trade.
Writing so the Sacramento Union of" Oc
tober 18. M. H. Durst, the Wheatland grower,
I have just received the fallowing cable from
London "The Royal Agricultural Society has
Jul Issued its fntlmatc of the hop crop for
the currtut yeur GU5.913 hundred-weights.'
Tl is es ln ate is what we have all been walt
.ng for, and now that It has come the worst
la kn An
1 have no hesitation in saying that my e-stl-lrians
and advice have all turned out in error.
Tl. s has .umcd out the best yield per acre
txrt ".as been known in 23 years. The -qiies-kn
r jw Is what effect will this large crop
I a e on our market. We all know wnat has
laj;)erej and will happen in England.
From ail reliable sources we learn that
iv.ii.ii of the English crop im poor quality and
CIec lored. The picking season -was disap
pointing After the first week It rained nearly
e-y da., until the bulk of the hops wore
gather? 1. Even the sound hops are many of
them discolored. Prices have ruled extremely
low Purchasers have the producers at their
mercy and they are nhowlng them no mercy.
Purchasers can hardly be found for poor and
medium grades at 2500 shillings per cwt., or
5'6"0,i cents per pound. This will not pay
ihe harvesting expenses and railway freights
to London. From 40 to 00 rhllllngn buys
choir hups, and the very fanciest for dry
hpj-lr.g will not bring SO shillings (17c per
Of course I.op prices are sure to rule low in
England, particularly for the domestic crop.
These prices will also affect lylces for Coast
gjods Fortunately we have not an exces
ele large crop In the United States. In fact,
tvfrjwie knows that we have barely enough
for a year's consumption. Medium to choice
hops are selling in Oregon at 12 to 14 cents,
and It Is quite certain that the fancy growths
will soon reach 15 and 10 cents. These hops
cannot be laid down In Englana under 5 to
1X (ihWllngs per cwt. So that what England
Imports from this- country she will have to
pay rather more for than for the best domestic
Ordlnan.y one might euppoite that we could
not expect to export many "hops to England,
but It has been the experience that 'even In
years of full crop from 30.000 to 50.000 bales
cf American hops are Imported. The aver
age Import for 10 years 1885 to 1003 have
been 110,800 bales of 190 pounds eaoh. Of
course, nearly half of this surplus may come
from the Continent when they have It to
It seems to me that we can safely count
on exporting 35.000 to 50.000 bales of 1903
hops to England before the season Is over.
Ordinarily the English market takes a great
many New York State hops; but this season
the quality there Is so poor that .we nave a
right to expect that our bright Pacific Coast
hops will this year have tho preference over
It seems to mc that California growers, with
found hope, are justified In expecting and de
manding 15 to 10 cents for their goodc. At
the tani" time they need not expect to get
those prlcs if they arc willing to sell for
One thing 1 sure, the hops will ail bo need
ed TAr need not fear Imports Tweawc of the
duty ?" 12 cents per pound. I am rather of
t'ie opinion that many of us, particularly thbpe
cf us win carried over 30-cent hops last year,
will perhaps ell too soon this year, and have
'he r easrre of seeing prices advance etrong
ly after the holidays.
t any rate, we have had three good price
yea--, and certainly we can stand a few
medium yeans now. If we must. I don't feel
tn a humor to give any advice, but the old
farmer's advice, "don't be the first to sell or
the las to let go," is as applicable as any-'
tiling I can think of.
FINE. PEARS ON SALE.
Lot of Conilco Variety on Hand Bananas
Among the fruit offorlngs on Front street
yesterday was a lot of Cornice pears from
Southfrn Oregon, similar to the pears that
t;od in New York recently for f7,70. The
fruit was on rale here at $1.50.
Plenty of grapes were received, but most
of them were Worked off. A big lot ,1s due
on the steamer today. Three' cars o bananas
-will also be on hand this morning. Huckle
berries are too numerous and are selling lower.
. A big lot of egg plant baa- been receirod
lh the last few days, andeshe limited demand
for It makes tlje movement low.
Chickens Firm. Other Products Slow.
Trading in country .produce was rather slow
yesterday. The best demand was for chicken. '
which cleared up readily at Friday priem
Eggs were quoted steady with the supply
of Xrceh Oregon etock light. A mixed car of
Eastern eggs and butter was received.
JButter was dull and weak all around, wKh
considerable shading of prices reported.
Wheat .Moderately .Active.
Wheat trading was reported only moderately
active yesterday. .Dealers quoted club at 72
73 cents, -and bluestem at 75676 cent. Oats
were offered, more freely, but were still quot
able at $24624.50. Barley U firm and un
changed. Differential In Sugar.
The "differential between beet and cane sugar
was yesterday increased to 20 cents. This
move Is In line with the pdjlcy of th beet
sugar refiners to Increase consumption. The
price of beet sugar In the local market Is now
5.35 cents and dry granulated 5.C5 cents.
Bank clearings of the- Northwestern cities
yesterday were as follows:
Portland $ 873.159 $143,782
Seattle 1.1G5.3G5 291:092
Tacoma 302,108 05.145
Spokane 535,997 . 103,011
Clearings of Portland, Seattle and Ta
coma for the week were:
, . .$1,173,900
.Thursday. . .
Totals ....$5,533,818 $7,543,857 $3,3G3,5G8
Clearings for the corresponding week
former years were:
Portland. Seattle. Tacoma.
1900 $2,088,073 $3,198,032 $1,100,339
1901 v... 3,200.103 4.153)808 1,207,802
1902..-. 4.327.710 4.094,387 1.882.205
1908 4.G74.S88 4,684,515 2.027.050
1904 4.043.054 " 5.118.203 2,897,243
Grain, Flour, Feed Etc
WHEAT-Club. 72ff73c per bushel; blue
stem. 75Q7Gc; Valley. 7172c.
FLOUR Patents, $4.2tf4.60 per barrel;
straight. $3.9004.15: cleans. $3.C5C?3.90: Val
ley. $3.003M.10; Dakota hard wheat. JG.50Q
7.25: Graham, $3.2383.75; whole wheat, $3.75
64; rye flour, local, $5; Eastern. $5.5053.00;
commeal, per bale. $1.9002.20.
OATS No. 1 white feed. $2424.50; gray,
$24024.50 per ton.
BARLEY Fed. $20.50S21 per ton; brewing.
$21.50(522; rolled. $21.50022.
RYE $1.40(71.45 per cental.
MILLSTUFFS Bran, $18 per ton", middlings.
$24.50: shorts. $19; chop. U. S. MUlc. $1$:
linseed dairy feed. $18; alcalfa. meal- $18 per
CEREAL FOODS Rolled oats, cream. P0
pound sacks. $6.75: lower grade. $500.25; oat
meal, steel cut. 50-pound sacks, $8 per bar
rel; 10-pound sacks. $4.25 per bale; oatmeal
(ground). X0-pound sacks. $7.50 per barrel:
10-pound sacks. $4 per bale; split peas. $5
per 100-pound sack; 25-pound boxes. $1.40;
pearl barley. $4.25 per 100 pounds; 25-pound
boxes, $1.23 per box; pastry flour. 10-pound
sacks. $2.50 per bale,
HAY Eastern Oregon timothy. $14015 per
ton; Valley timothy. $11012; clover. $830;
cheat. $7.5000; grain hay. $809.
Vegetables. Fruit, Etc
DOMESTIC FRUITS Apples. $101.75 per
box; peaches. 60075c per crate; huckleberries,
7c per pound; pears, $1.25 1.50 per box;
crabapples, $1 per box; grapes, muscat. 75jf90e
a box; Tokay. 75cfjl.30; black. 50075c; Con
cord, 15c; cranberries. $9.50010 Tr bar
rel; quinces, $1 pen box.
TROPICAL FRUITS Lemons, choice. $4 per
box: fancy. $5; oranges. Valencia, fancy,
$5ft5.25 per box; grapefruit. $303,60; pine
apples, $2.50 per dozen; pomegranates, $2.50
FRESH VEGETABLES Beans, 104c per
nound; . cabbage. lfrllie .per pound; cauli
flower, -75c per dozen; celery. 75c ner dozen;
corn. C5c per sack; cucumbers. 10015c per
dozen; egg plant. $1.50 per crate; peppers, 3c
per pound; pumpkins,. -5ilc; tom&tocu, 30
Q 40c per crate; sprouts. Oc pes' pcund; .
Bauash, ?ilc per pound.'
ROOT VEGETABLES Turnips, O0cC$l per
sack: carrots. C50T5q per sack;, beets. 85c&
$1 ner sack: garlic, 12Hc" per pound!
ONIONS Oregon Yellow Dahvers, $101.25
per sack. ,
POTATOES Oregon . .fancy. C30S3o per
sack: common, nominal; Merced sweets. "$
2Uc per pound.
DRIED FRUITS Apples, 7S9c per pound;
apricots. 1212c; peaches. lOH012Hc; pears,
none; Italian prunes, none; California v figo.
white. 400c per pound: black. 405c: bricks.
12-14-ounce packages, 750S5c per box; SS
ounce. $202.40; Smyrna. 20a per pound; dates,
Fnrd. SI. 40 rer 15-pound case.
RAISINS Seeded, 12-ounce packages. 80Sc;
lG-ouncc. 910c: loose muscatels. 2-cronn.
771,ic 3-crown 7,i0i7?ic 4-crown 808c; un
bleached seedless Sultanas, 007c; Thompson's
seedless unbleached, SSc; Thompson's fancy
unbleached. 1212V4e; .London layers. 3-crown
whole boxes of 20 pounds, $1.75; 2 -crown, $2.
Butter, Eggs, Poultry, Etc
BUTTER City creameries: Extra creamery.
3O0S2ic per .pound. Slate creaiArles: Fane?
creamery. 25030c; store butter, ICJrlCltc.
EGGS Oregon ranch. 28030c; Eastern. 240
25c; Oregon storage, 2214023c.
QHEESE Oregon full cream twins. 13H0
14M.c: Young America. 14U015&C
POULTRY Average old hens. 11H0'12;
young roofters. 10011c; Springs, 11H01SC;
dressed chickens, 12Vrffl3e; turkeys, live, 1C8
-17!c: turkeys. drcMc-a. choice. 19021c: Ktest.
live, per. pound, S09c; geese, dressed, per
pounds, 3ii011c; ducks. 14014&c; pigeons. $1
1.25; squabs, $202.50.
Groceries. Nuts, Etc
COFFEE Mocha, 20S2Sc; Java, ordinary.
18022c; Costa. Rica, fancy. 16020c; good. 103
18c; ordinary. 10012c per pound: Columbia
roaet. cares. 100s. . $14.25; 50a. $14.25; Ar
buckle. $15.75; Lion. $15.75.
RICE Imperial Japan, No. 1, CTic; South
ern Japan. 4.8505.10c; Carolina. 7c.
SALMON Columbia River. 1-pound tails.
$1.75 per dozen; 2-pound talis. $2.40; 1-pound
flats. $1.85; fancy. 104-pound fiats. $1.S0:
pound flats. $1.10; Alaska pink, 1-pound
talis. 90c; red. 1-pound talis. $1.25; cockeye,
1-pound talis. $1.70.
SUGAR Sack baeH. 100 pound?. r--v-.
$5.00; powdered. $5.03; dry granulated, $5.55;
extra. C, $5.10; golden C, $4.95; fruit -sugar.
$5.55; advances over ack bjsis as follows:
Barrels, 10c: half-barrels. 25c; boxes. 50c
per 100 pounds. (Terms: Oa remittance with
in 15 days, deduct He per pound: if later
than 15 days and within 30 days, deduct Jc
per pound; no discount after So days.) Beet
sugar, granulated, $5.35 per 100 pounds; ma
ple sugar. 15018c per pound.
SALT California. $11 per ton. $1.00" per
bale; Liverpool, 60s, $17; 100s. $10.50; 200s.
$10: half-pound 100s. $7; 50s, $7.50.
NUTS Walnuts. 154c per pound by sack.
1c extra for leso than sack; Brazil nuts. 16c;
filberts. 10c; pecans. Jumbos, 10c; extra large,
17c: almonds. T. X. L.. 10c: chestnuts. Ital
ians. 15c; Ohio. $4.50 per 25-pound drum;
peanuts, raw. i',ic per pouna; roxstea. c;
plnenuts. 10012c; hickory nuts, 7c; cocoa
nuts. 7c: cocoa nuts. 35000c per dozen.
BEANS Small white, 40414c; large white,
3.15c: pink. 3c; bayou. 4c; Lima. 0c
' - Provisions and Canned Meats.
HAMS 10 to 14 pounds, 14c per pound;
14 to 10 pounds. 13ic; IS to 20 rounds. 13c;
California (picnic). 9c; cottage hams, 9c;
shoulders. 9c; boiled ham. 21c: boiled picnic
ham. boneless. 15c
DRY SALT CURED Regular short clears,
11c; dry salt, 12c emoked; clear backs, 11c:
dry salt, 12c smoked: clear bellies. 14 to 17
pounds average, none; Oregon exports. 20 to
25 pounds average. ll;c; dry salt. 125ic
smoked; Union butts, 10 to IS pounds aver
BACON Fancy breakfast. 1914c per pound;
standard breakfast. 171ic; choice. 16c; Engllah
breakfait. 11 to 14 pounds, 15c; peach -bacon,
PICKLED GOODS Pork, barrels. $18; 14
barrels. $9.50; beef, barrels. $12; h8.lf.bar
SAUSAGE Ham. 13e per pound: minced
ham. 10c; Summer, choice dry. 171tc; bo
logna, long. 51ic; welnerwurst. So; liver. 6c;
pork, 9010c; headcheese, 0c; blood, 0c; bo
logna sausage, link. 4c
CANNED MEATS Corned beef, .pounds,
per dozen. $1.25; two pounds. $2.35: Fix
pounds. $8. Roast beef, flat, pounds. $1.25;
two pounds. $2.25; six pounds, none. RoaFt
beef, talL pounds, none; two pounds, $2.35;
six pounds, none. Lunch tongue, 'pounds,
$3.15. Roost mutton, six pounds. $3.50.
LARD Leaf lard, kettle rendered, tierces,
lie; tubs, lllic; 50s. HHc; 20s. ll?;c: 10i5.
ll;c: 5s. llvtc Standard, pure: Tierces. 10c;
tubs. 10Uc; 50s. 1014c: 20s. 10?tc: 10s. 10?ie:
5b. IWc. Compound! Tierces. Cc: tubs, 61tc:
50s. 6!4c: 10s. 6?ic: Cs. 6c
Hops, Wool, Hides, Etc
HOPS Oregon, 1905, choice, 11013c; old; S
WOOL Eastern Oregon average best, 193
21c: lower grades aown to 15c. according to
shrinkage: Valley. 25027c per pound.
MOHAIR Choice, 30c ner pound?
HIDES Dry hides: No. L 10 pounds and
up. 1014017c per pound; dry kip, Nc I. Tt to
10 pounds. 14015c per pound; dry calf. No.
1. under 5 pounds. 17018c; dry salted, bulls
anflrftags. one-third lts than dry flint; (culls,
(moth-eaten, badly cut.' scored, njurraln, halr-
cllpped. weather-beaten or grubby. 203c per
pound less). Salted hides: Steers, sound. J
pounds and ever. S01Oc per pound; 60 xa 60
pounds. 8Vi-r0c per pound; under 50 and cows,
809c per pound; salted kip. sound,
16 to 30 pounds. 9c pr pound; called veal,
found, 10 to 14 pounds. 9c per pound; naltej
calf, sound, under 10 pounds. 10c per pound;
(green uncalled, lc per pound less; cuHa, lc
per pound lees). Sheep skins: Shearlings. Nc
1 butchers' stock. 23030c each: short wool.
Nc 1 butchers' stock. 40050c each: raedtum.
wool. No. 3 butch en stock. fiOffSOc: lontr wool.
No. 1 butebers stock. $104.60 eaon. Murrain
pelu from 10 to 20 pr cent 1ms or 12014c
pe,r pound; bone hides, salted, eaeh. accord
ing to size. $101.50: colts hides. 25050c
each; goat skins, common. 10015c each; An
gora with wool on. 25cL50 each.
BEESWAX Good, clean and pure. 20022c
TALLOW Prime per pound. 303Kc; No. 2
and grtas. 203&
FURS Bfar skins, as to elzc Xa. 1 $2,500
10 each: cubs. $102; badger. 2Se50c; wltd
cat, with bead perfect, 25050c: bouse cats.
5010c; fox. common gray. 50070c; red. $39
6; cross. 5015: silver and black. $1000200;
fishers. $506; lynx. $4.5000: mink, strictly No.
1. according to size. $102.60; marten, dark
Northern, according to- size and color. $10015:
marten, pale, pine according to rlze and
color. $2.6004: muskrat, large. 10015c; .skunk.
40050c; civet or polecat. 5010c; otter. large,
prime skin. $0010: panther, with bead and
claws perfect. $205: raccoon, prime, 30C50e;
mountain wolf, with bead oerfect, $3,5003;
coyote. COc0$l: wolverine. $C0S: beaver, "per
'fckin. large, $5f?C: medium. $304; small. $10
1.60; kits. 60075c .
CASCARA SAGRADA (Chlttam bark)
2H03c according to quality.
TUrtPENTINE Cases. 91c per gallon.
WHITE K.KAD Ton lots. 7ic; 300-pound
lots. 73c: lew than 50nound lota. Sc
G AS OLINi: Stove gasoline, cases. 25&c; 72
teat, 27c; SC test. 35c; Iron tanks, 19c
COAL OIL Cases. $2.05 per ca; Iron bar
rels. 16c. per gallon; wood barrels. ISc
LINSEED OIL Raw. 5-barrcl Jots. 49c;
I -barrel lota. 50c cases, 55c; boiled. S-liarrel
lots. 51c; 1 -barrel lota. 32c; cases. 57c
t Dressed Meats.
BEEF Dreed bulls, 102c per pound; cows,
304c; country -steers. 40414c
VEAL Dressed. 75 to 125 pounds. 7(?7fee;
125 to 200 pounds. 3Vi05c; 200 pounds and up.
MUTTON Dressed, fancy, 61407c per pound;
ordinary, 405c; lambs. 707 Vtc
PORK Dressed. 100 to 150 pounds, 70714c;
159 and up. 600 Vic per pound.
PUUXES ARE OFF .. A QUARTER
CENT ATT SAX FRANCISCO.
RalttlH Situntlon Unwcf tied Strong
TeHdeacj of Grain aiarket Fancy
l'otatocs Are Firm.
SAN FRANCISCO. Oct. 21. (Special.) Lit
tle new bnslnces Is being done Jn California
cured fruits. Eastern advices Indicate more
demand for cheap peaohes and apricots. Evap
orated apples are firmly held. Quotations for
prunes' are again off cent, despite the sta
tistical position. Lack of 'inquiry Is attrib
uted as the cause Quotations are on a
basis of 3J3!ic for intermediate sizes. The
raisin situation if unsettled, owing to lack
of confirmation of prices recently named by
the growers company. There Is outside com
petition, but tb association refue to make
a. reduction, and says any change will be an
advance. Should growers InslK on high
prices, efforts will be made to get an aboli
tion or reduction of duty on imported raisins.
.California walnuts are closely raid out
Almonds arc dull, with prices sagging. The
local .grain market had a strong tendency,
with barley showing most activity. The firm
actions of Eastern - markets and reported big
European demand for feed grains stimulated
speculation and the holding off of rains In
this state Is also a factor of strength. Flour
and feedstuffs are firm. Hay is quieter.
Freeh fruits are without new features.
Grapes .are easy, except for high-class ship
ping parcels. Apples are dull and generally
weak. New oranges are arriving too .green
to Induce buying. Heavy supplies of baaanas
are expected next week.
Fancy potatoes are firm, and ordinary grades
weak. Onions are strong and dairy products
are very firm. Receipts. 10,500 pounds .butter.
3800 sounds cheese. 20.S00 dozan eggs.
VF.nPTTA-RT.R'S r"iirtimhr .MWTIV.. nrlli
5Cc; rreen- peas, 4g75c; string beans, 114&
4c; tomatoes, .33075c; okra, 00S"73c; eggplant,
POULTRY Turkey gobblers, 20 Q 23c; roost
ers, old, $4.50S; roosters, young, $4.50410.582
broilers, small, $3.5094; broilers, large $8ft
3.50; fryers. $X50f4; hens, $480.50; ducks,
old, $4.5095; young, $4gC
EGGS Fancy ranch. 45c; Eastern,' 20426c
BUTTER Fancy creamer'. 31e; creamery
seconds. 22c; fancy dairy, nominal; dairy sec
WOOL San Joaquin. 9014c; lambs'. l26c
MILLSTUFFS Bran. $21.50822; middlings.
HAY Wheat. $11.50016.50; wheat and oats,
$1115.50; barley. $Sfll; alfalfa,' $6.594j.n):
clover, fSQll; stock. $507; straw, per bale,
POTATOES Salinas Burbanks, D9e$1.2S;
CHEESE Young America. 14614!&; East
FRUITS Apples, choice, $lr centratm. 30e;
bananas, $12; Mexican limes. $tfi4.50; Cali
fornia lemons, choice, $8.50; common. $1.25;
oranges, navels. $4t4.25; pineapples, $24Jt3. .
RECEIPTS Flour, 90 quarter ef:k;
wheat, 4180 centals; barley. 37S2 centals; eats,
5SSS centals; beans, 11.442 sacks; potatoes,
S072 sacks; bran, 445 sacks; middling;. 1315
sacks; hay, 210 tens; wool, 110 bale-; hides.
SAN FRANCISCO. Oct- 21. The official
closing quotations for mining stocks today
were as .follows:
Aita .: $ .03
(Julia $ .OS
Alpha Con IP (Justice
Andes v. .2
Kentucky Cen. .ftS
Occidental Con. -S7
Bt & Belcher 1.X5
Bullion SS lOphlr ....
.. 5.02 14
. . .SI
Challenge Con. .18
Confidence ... .75
Con. CaL & V. 1.05
Crown Poinf. .07
Gould & Curry .23
Hale &. Nqr.. 1.10
NEW YORK. Oct.
Sierra. Nevada. .82
S4lvor Hill 92
Union Con 40
lYellow Jacket. .28
21. Closing quotations:
iLittlc Chief... $ .05
Adams Con...S :2T
Brunswick C. .
Ophlr 1 3.25
Con. CaL & V
Horn Silver... 1.70
Iron Silver. . . . 3.00
Leadvllle Con. .00.
Sierra Nevada. .20
Small Hopes... .30
B6STON. Oct 21. Closing quotations:
Adventure 9.50 jMont. C. & C$ 8.3714
Allouez .... 47.00
Old Dominion 38.2.'
Am. Zinc... 9.00
Atlantic .... 27.00
Bingham ... 320
Cat & Hecla C90.00
Centennial .. 32.00
Cop. Range. 75. 12 14
Daly West.. 14.1214
U. S. Mining 3C1214
U. S. Oil..
8.73 Utah ..
Mass Mining" li:i214lWinona
C1.00 iNerth Butte. 35.50
Coffee and Sugar.
NEW YORK. Oct. 2I.-Coffee future closed
steady, net unchanged to 10 points higher.
Sales were reported1 of 43.500 bag. Including
November at 6.S0c; December, 0.80c; Febru
ary, 7.10c; March. 7.13c; May. 7.33c; July.
7.45c: September. 7.0007.03c Spot Bio. quiet:
No. 7 invoice, SO-lCc; mild, quiet; Cordova,
Sugar Raw. nominal; fair refining, 2 13-lGcs
centrifugal, 90 test, 3 0-1 Cc; molasses sugar.
211-lOc Refined, quiet; No. C, $4.10; No. 7,
$4.15; Nc 8. $3.95; No. 9, $3.00; No. 10. $3.65:
No. 11. $i--75; No. 12, $3.70; Nc 13. $3.03;
No. 14. $3.53; confectioners' A. $4.33: mold A.
$5.05; cut :oaf. $5.40: crushed. $5.40: powdered.
$4.80; granulated, $4.70; cubes. $4.05.
Imports and Exports.
NEW YORK. Oct. 21. The total imports of
merchandise and dry goods at the Port of
New York fos- the week ending today were
Toal import of specie at the Pert f New
York for iho week ending today were $49.
55C In tllver. and $G4L75S B0ld. Total exports
of specie from the Port ef New Tofk.fer the
week ending today were $744,555 la sliver and
CHANGE FOR BETTER
Visible Improvement in Gen
eral Money Outlook.
CRISIS .HAS PASSED AWAY
Great Foreign Banking Institutions
Strengthen Their Available He
sources siock,Priccs Ap
parcntlj to Advance..
NEW YORK, Oft. 1. (Special.l A . visible
change for the better in the general money
outlook Is the principal feature of the, finan
cial week. All the great banking institutions
abroad have made some rrogress -toward
strengthening their available resources What
same critics referred to two months ago as
"the foreign monetary criMs" has parsed away.
Discounts throughout Europe Jiave . reflected
the cosier situation and while for the .next two
months the demands upon the money markets
will be heavy enough to prevent much relax
ation, the ground for apprehension- of -any
serious squeeze h an been pretty well removed.
Our money market has .exhibited even "more
than the markets -abroad the week's drift
toward easier conditions, sod there has been
a pronounced falling off In the net movement
ot currency to the interior at the country.
RcfjeoUng the decided turn for the better, there
iuu oeen a snarp tail in can-money nura tim
ing the week, and while rales on time loans
have not relaxed appreciably, thio class of
funds is in more plentiful supply than It was
ten days ago. ,
As for tho stock market, -Its behavior dur
ing the week has given fresh proof that what
has been rfid'of Its great and natural unUer-'
lying strength, la probably true. Whether the
leading interests rare to 'see. a blr speculation
start Just netfr may be .doubled. But thce
plain facts admit of no dispute, The market
under the most trying condition? of the List,
month and a half has not gone down to ntky.
Prices through this Interval have invariably
been quicker -.to recover, than to decline And
that despite all the talk" of high-price levels.
holders ef stocks have firm faith that they
are worth what they are eelllng for. From a
purely speculative standpoint the power and
rauurces of the community are . overwhelm
ingly on the side of the party committed to
an advance. That this has been conclusively
demonstrated in the dealings of the last few
weeks no unprejudiced observer will deny.
The whole clock list shared In the strength
and animation today, but not In equal degree,
the same marked partiality being. Ahown for
low-priced stocks as yesterday. A large ma
jority of the widest movements today will be
found among stocks selling below 50. The
preference Is due to the idea that lest money
will be required to carry this -claes of stocks
on margin during the closo conditions in the
money market. This represents the spirit of
concession to the remaining uncertainties over
the money outlook in entering upon the at
tempt at speculative revival. The revival is
based, however, upon the expectations that the
"train in the money market has passed and
that othor conditions may now be looked for
The bank statement did not come up fully
to expectation In iti strong features, but the
recuperation disclosed was accepted In the
speculation as of good 'promise The increase
in cash of $1,707,200 wan only about one-third
of what was expected In the preliminary es
timates, and the current comment on the-tock
exchange explained- this as being due to the
large part of the receipts coming In the lat
ter part of the week. The tone of the for
eign money markets was also easier And
stocks were benefited accordingly.. In cplte of
the dull business ot Saturday., foreign exchange
rates made a further aggressive advance Here
and. 4b'e, .possibility of an early export of gold
received" .additional discussion.. '.The' stock mar
ket, however, wan unaffected by this consid
eration and closed active and strew:.
Total sales of bonds, par value, $2, 290,000.
Durins the week bonds were dull and the
movement Irregular. United States 2s and the
new 4s declined H per cent on call during the
CLOSING STOCK -QUOTATIONS.
Amal. Copper... 19.400
Am. C. Zc F
Am. Cotton Oil.
do preferred. .
Am. Express, . . .
A. H. & L. prcf.
Am. Linseed OH
1S . IS
Am. Locomotive 19.000
A Smlc & I...
do preferred . .
Am. Sugar Ref.
A. Teb.. pfd. cer.
Ana. Min. Co..
A C. Line
Baltimore & O. .
105 1 10414
do preferred. . . .
Brk. Rap. Tran. CS.700
Can. Pacific 4.100
Central of N. J. 300
Ches. & Ohio..
Chicago & Alton
C Gt, Western.
C. & Northwest,
C. M. & Si. P. .
C Ter. A Tran.
C. C C. &. S. L.
Colo F. & I
Colo. & So
do 1st pref
do 2d pref. . . .
Del. A Hudson.
DeL. Lack. & W.
D. & R. Grande,
do 1st pref. . . .
do 2d pref
Gen. Electric. . .
22 21ri 21
2204 2204 220tt
1SIH 1S0H 181 li
ISC H ISO
1,400" ISO 14 18014
Internal. Paper. 10.600
do preferred.. 500
Internal. Pump. 100
Kas. City So...
Louis. & Nosh..
Metro. St Ry . . .
Minn. & St L.
M. S P & S s M.
Mo Kas. & T. .
. do preferred. .
N. R, R, M. pfd.
N. Y. Central..." 1S.700
N. Y.. O. & W.. 1.500
Norfolk & West. 4.400
N. American . . . 900
Pacific Mall. . . . 400
Pennsylvania .. 21.000
People's Gas. . . . 1.700
P.. C. C. & a U
Press. Steel Car
Pull. PaL Car.
do 1st pref....
do 2d pref. . . .
Bock Island Co.
do preferred. . ......
S L & S F 2d pf. 100
S. L. Southwest, 200
So. Pacific -40.800
So. Railway 5.400 30 30
dq preferred.. 200 9814 9S
Tenn. C. & I., 0.300 89 8814
Texas & Pacific 400 35 .14
T.. St, L. & W. 100 3014 3014
do preferred,. 400 57 50
Union Pacific C1.C00 134 133
U. S.' Express
U. S. Realty...- WK) S7 87
U. S. r.ubber... 1.200 54
do preferred .....
I.Westlngbouso E. 1.200 170
U & Steel 4.700
3Si 3SH 3S4
103U 104-i 103H
3 Hi 34 4 34 3k
10714 1074 10714
42 42 414
a-.i; ,!; rau
20014 2134 204
4014 454 40 H
105 104i 10414
72 7114 7014
do. nref erred. . S.70O
VI r -Car Chem. 2.300
do nref erred. . 500
do preferred. . 100
Wells. Fargo E.
WheeL & L. E.
do "preferred.. 700
Nor. Pacific 1.100
Central Leather 4.000
do preferred.. 300
Sloss Sheffield. 1.400
Total sales for the day. 03S.700 shares.
NEW YORK. Oct. 21. Cioslng quotations:
V. S. ref. 2s reg.l03JD. A R. G. 4s. ..101.
do coupon 103U1X .T- C G SUs. 99i
V. S. 3a reg 103 li Nor. Pacific 3s.. 78i
do coupon 104tt;Nor. Pacific 4s. .104
U.-S.-new 4s reg.l33!So. Pacific 4s... -95
do coupon 134 Union Pacific 4s. 103
U. S. old 4s reg.l04lwis. Central '4s. 00
do coupon 104: Jap. lis. 2d scr.. 98
Atchison Adj. 4s 99 Uap. 4s. cer... .90
Stocks at London..
J.ONDON. Oct. 21.-Consols for money.
SS; consols for account, SSJi.
Anaconda " 6 Norfolk & West. -S '
Atehlson - 91 tt I do preferred ... 93
de preferred.. .1074lOntario & West. 53
Baltimore & O. .110 Pennsylvania ... 7414
Can.- Pacific 177StHand Mines Stt
Ches. & Ohio. . . 3S (Reading 03
.C.Gt, Western. 2214r do 1st pref..;. -IS
C...M& St. P..183tt! do 2d pref...,. 50
DcBeess ....... 17?lSo. Rallwav 37
,D. Grande. .J4 do prcf erred.. ,101
ao preterrea... uoiiiso. racinc T-i
Erie 30 (Union Pacific. . .130
do 1st pref. ..
do preferred.. . 09
tlo 2d pref.
74 IT. S. Steel.
Illinois Central. 184 -do preferred.
Louis. & Nash.. 130. Wabash- .......
Mo.. Kas. & T. . 34
N. Y. Central... 134
do preferred... 43
. .NEW. YORK. Oct. 21. Money. onealU?-nom-
Inai; no loans. Time leans, steady; idar.
-5S514 per cent; 93 , days, -C psr cent: six
month. 44474 per cent. Prime mercantile
paper. 5 per cent.
Sterling exchange firm, with actual business
in bankers' bills at $4".SG7((f?4.;6S).for demand
snd at $4.'S30 1.8310 for 00 days. Posted ."rates.
$4;S3!4?4.S7. Commercial bills, $4.82i??4;87.
Bar. ellver. 12ttc
..' Mexican dollars. 47c . , .
. Government bonds, steady; railroad bands,
LONDON Gat. 21. Bar silver, steady.
28s 15-ICd per ounce. Money,- 215 per cent. Dis
count "fate, short at&T three, mtnths"" bills. 4
-SAN. FRANCISCO. Oct. 21. Silver bars.
62c Drafts, sight.-3c:' tejegraph. 714c
Dally Treasury Statement,'
WASHINGTON. Oct, 2!. Touay3 Treasury
statement shows: - - . .
Available cash balances
Gold bullion ....
Gold certificates . .-; . . .
LIVELY - CATTLE MARKET
SEVERAL THOUSAND HEAD SOLD IX
Wyo'mlnjc and Montann Buyer After
.Sheep--NothlnR; Nevr Dolajr
BAKER CITY. Or., Oct. 21. (Special.)
The Baker County cattle market Is very
Hvoly just at present as there Is a rrreat de
mand for cattle and sheep. During this
week over 2000 head of ran Re cattle have
been sold out of this territory to lower
yalley stockmen, who will feed 4 hern for the
Winter. The total sales for the Kali will
reach several thousand, the exact number
belnjr- Impossible to obtain. The prevailing
price Is about 2i cents per pound on hoot
delivered. The Baker and Grant Counjjrl
ranges nave oeen pretty wen cleaned or
feeders, some of thorn going to Lower Uma
tilla County and some to Ontario, where
there is plenty of alfalfa, which can bo pur-,
chased for as small a sum as $4 a ton. -This
makes it cheaper for trie stockmen either to
drive to Ontario and Winter there or else
sell out. Hay is very plentiful in the Grant
and Baker ranges, but Is not selling as cheap
as at Ontario. In Lower Umatilla the hay Is
said to be abundant and with excellent Win
ter ranges. -
There has been about the -usual number of
sheep 4old to the Wyoming and Montana
buyer?, the priee being so high local men
would not invest. Out of the thousands of
head of sheep sold this Fall, the Stanfields
and Thompsons, of Butter Creek. "'.ere the
only heavy local buyers, all the rest going
to the Montana and 'Wyoming range.
Monte Gwlnn. of Boise, bought a drove of
about 0000 head a few weeks ago and will
Winter them on his Oregon range In the
Upiier Willow Basis.
There has been no aetlvlty In tho wool
market, A few buyers have been In the
district, but so far as .known no contracts
wer signed. Offers of 2U cents have been
n-adf. but refused. The sheep prices have
ranked from $l.t5 to "$2.30.
Cattlemen declare that within a. year or
two. uhimi conditions change, there will be
nothing tut sheep left In this district, as
the carle are all being sold out owing to
the continued low price and range difficul
ties. Thid Fait the cattle market Is a little
better tnan usual, but the growers- are still
eelllng and there la no Indication of thn
ranges being restocked.
Trices Qnotei Locally on Cattle. Sheep and
The following livestock ' prices were quoted
yesterday in tho local market:
C VTTLE Best Eastern Oregon eteers, $30
3 23- good cows, $2.2352.30; common cows.
$i.5C0173: .calves. 123 to 13 pounds. $3; 200
to 230 pound". $3X04.
SHEEP Best Eastern Oregon and Valley.
HOGS Best large fat hogs. $ftg8"23.
Prices Current at Kansas City. Omaha and
SOUTH OMAHA. Oct. 21. Cattle Receipts.
100; market steady. Native steers. $4,000
5.00; native cows and heifers. $2.7534.00;
Western steers. $3.004. l3; canners. $1,739
2.30; Blockers and feeders, $2.5064.20; calve,
$3.00f?3.75; bulls, stags, etc.. $2.0063.50.
Hogs Receipts 3S00; market steady. Heavy.
$5.0063.50; mixed, $3.1065.20; light. $3.15&
3.23; pigs, $4.50fy5.00; bulk of sales, $3,108
Sheep Receipts. 700; market unchanged.
Western yearlings, $5.1330.00; .wethers, $3.00
65.G0; ewe,"$4.4OQ'5.10; lambs, 50.S&37.50.
CHICAGO. Oct 21. Cattle Receipts, 400;
market steady. Good to prime steers, $5,239
C.40; poor to medium, $3.40fi5.13; stockero and
feeders. $2i5g4.23; cows and heifers, $2.00
4.75; carves, $.OO07.3O; beeves. $3.40c40.
Hogs Receipts today, 12.000; Monday, 33.
OOO; market, steady for light; otherw weaker.
Mixed and butchers. $4.03fiC55; good to choice
heavy. $5565.35; rough heavy. $4.6085.00;
light.. $4.0063.40; bulk of fales. $3.1035.45.
Sheep Receipts 3000; market steady. Sheep,
$3.4O65.C0; lambs. Jd.oOfiS.OO; yearlings, $5.13
KANSAS CITY, Oct, 21. Cattle Receipts.
1000; market unchanged. Native steers, $4.00
fl6.00: Blockers and feeders, $2.b0Q4.25; West
ern Keers, $2.SOff4.50; Western cows, $2.00
Hozs Receipts. 5000; market weak to 5c
higher. Bulk ot soles. $3.12?5.2o; heavy,
$5.15f5.22Vj; packers; $3.10t?5.224; pigs and
Sheep Receipts, 1000; market nominally
steady. Muttons. $4.0065.23; lambs, $5:509
7.50: range wethers, $4.5063.23; fed ewes,
DrIed Fruit at New York!
NEW YORK. Oct. 21. The market for evap
orated apples continues to show firmness and
futures appear to bo attracting more atten-A
tion. common to gooa. are quoiea at oyorjc;
Prunes remain la moderate demand with spot
quotations ranging from 467c, according to
Apricots are firmly held with choice quoted
at S409c extra choice. O40O;c. and - fancy
I'eaches remain nominal.
Raisin; are said to be offering less freely
by outsiders and the tone Is firmer without.
any quotable cnange in prices, ijcoso mus
catels are quoted at CS674c; seeded raisin.
5U6Sc. and .London layers $L151.20.
Downing, Hopkins & Co.
" WHEAT AND STOCK BROKERS r
Room 4, Ground Floor Chambbr of Commerce
DEMAND IS GOOD
Steady ' Buying Holds Wheat
. - "Up at Chicago.
FIRM NEARLY ALL DAY
ItcsIi Reports of Drouth Damage to
'cw Sown Crop In Southwest
Start Call Export Inquiry
for Corn and Oats.
, . . . . . t
. v. r. .
CHICAGO., Oct. 21. With the exception of
a slfghtly easier feeling at the start, the tone
of the wheat market waa firm throughout
tho cnllre day. The volume 'of -business on
the whole was rather small: The opening for
December was- unchanged to Je higher at
SGSStSSc Influenced by clear weather lov the
Northwest and byvlnoreased .receipts, at Min
neapolis and Ouluth. pit-traders were inclined
to self. The demand from commlssWn-houtfes,
however, absorbed the . pfferings at only, sllgh j
losses. December eased off to 8G4c. Toward
the end of 'the 'first hour a firmer tone de
veloped on covering by 'shorts. Fresh reportA
of drouth damage to the new-sown crop In the
Southwest started the buylmr. Anothe tac
Xor that " created some apprehension In the
nilnds -of shorts was continued urgent de
mand .from exporters for American corn 'and
oat. Tho market closed strong, with Ds;
. cember up visile at 87SS7aC
Notwithstanding Ideal conditions ".for the crop,
corn was firm the greater part of the session.
'December closed "U5?c P. at 44c.
The oats market was firm. December clojed
29629Hc a gain of U6c.
The feature of dealings In provisions was
renewed selling of lard and ribs, by a local
packer. SU the close January pork was up
24c lard unchanged- and ribs 2tic. .
The leading" futures ranged aa follows:
Ooen. Hlch. Low. Close.
December $ .Sir, $ 7, ? -S0 $ .87JH
May 874 8? .Sis .Sfe
October. 30 .50$ .50 .304
Dec. told) 45 .434 .43 .45A
Dec. (new) 434 .45, .44 .44f4
May 44U .44 .44H
December . . .
'. !2S !20H .2i&
. .31 ..1114 -31 -3ts
October Jl.10 1K.1216 1G.10 10.126
January 12.374 12.40 12.33 12.40 -
November 7.1U 7.10 7.05 7.10
January 0-874 CS0 0.774 tf.80
October 7.03 7. Co 7.03 7.03
January : 0.43 0.30 0.43 5.5
May G.03 6.70 C.C5 0.70
Cash quotations.. were as follows:
Wheat No. 2 Spring, 8C4J87c; No. .3, 7768e;
No. 2 red. SGf8TK , ,
Corn No. 2. 32c; No. 2 yellow, 535ie.' '
Oats No. 2, 203304c-." No. 2 whlte.Off
MAc; No. 3 white, 2SiSC0. , -'
Rye No. 2 " COc '
Barley Good feeding, 37c; air to eheice
Flaxseed No. 1, 92c; No. 1 Northwestera.
Timothy seed Prime. $3.20.
lien pork Per barrel, $1091G.124. '
Lard Per 100 pounds. $7.10.
Short ribs rides Loose, $7.0007.70.
Short clear sjdes Boxetl. $SQS.23.
Flour, barrels 2S,00) 2D,5)
Wheat, bushels 100.UOO ' 12.20
Corn.' bushels 1G3.S0O r.lO.WXl
Oats, bushela 445.40 23tt,3M
Rye. bushels 12.000 7.0u0
Barley, bushels 103.000 35,500
Grain and Produce at New York.
NEW YORK. Oct. 21. Flour Receipts 25.
500; exports. 14.3SO. Steady, but quiet. Min
nesota patents, $4.0063.10; Minnesota bakers,
$3.7064; Winter patents. $4.COfiC10; Winter
tralghtd. $464.10; Winter extras. $2.8363.33;
Winter low grades. $2.7363.30.
Wheat Receipts. C0.COO bushels; .exporti. 11.
000 bushels. Spot, firm; No. 2 red, 91e
elevator and 03. .c f. o. b. afloat; No. 1 North
ern Dututh. GCrJic f. o. b. afloat. The open
ing in wheat was steadier on cables after
whloh it reacted under big Northwestern re
ceipts and local selling. A rally followed on
bull support and covering by December shorts,
the clore showing 146c net ndvance. Decern
ber closed- 02tic; May closed 91c
Hopf Firm; state; common- to choice, 1005
crop. 10623c; 1905 crop. 18p21c; oUU.- 7011c:
Pacific Coast. 1903. 14918c: 1904, 13617c; olds;
Hides Firm: Galveston. 20623 pounds. 20ej.
California, it to 23 pounds, 1014c; Texas dry,
24 to 30 pounds. Sie.
Wool Quiet; domestic fleece. 3333Sc.
Grala at San Francisco.
SAN FRANCISCO. Oct. 21. Wheat and bar
Wheat-Shipping. $1.37H61.42.,; milling,
Barley Feed. $1.126L15; brewings $1.16
Oats Red. $lrl5t?1.50; white, $1.35i.45;
Wheat December, $1,3914.
Barley-December. $1.15; May. $1.13.
Corn Large yellow, $1.4061.45.
Minneapolis Wheat Market.
MINNEAPOLIS. Oct. 21. Wheat. Decem
ber. S2Uc; May. 80c; No. 1 hard, 84c No. 1
Northern. 841-ic; No. 2 Northern, 81fic.
Wheat at UverpooJ.
LIVERPOOL. Oct. 21. Wheat December Cs
10d: March. Cs 10l4 d.
Weather In England today fair.
Wheat at Tacoma.
TACOMA. Oct. 21. Wheat Unohanged.
Bluestem. 70c: club. 73c; red. COc.
G000 PB0F1T !N PRUNES
GHOWEUS DIIJ "WELL DESPITE THE
Obc Farmer Clears $1560 from a Tires.
ty-ftve-Acre Orciaril Sixes
SALEM, Or.,- Oct- 21. Special.) Though
many of tho prunegrowera In this vicinity
harvested but half - of a normal crop ot
prunes this season, the result o'f .their year's
work was far from being unsatisfactory.
What the prunes lacked In numbers they
partly made up in sixes, thereby Increasing
the price per pound received, by tho growers.
In ba Liberty neighborhood, south ot this
city, when about a half-crop was produced
the prunes were so large that they easily
graded Into the largest size, or 30 to 40 to the
pound. Growers with this grade ot prunes
could get, when tho market wan at Its best,
5 cents a pound, or perhaps a fraction more.
Most of them sold, however, at about 4"&
cents a pound.
A prominent prunegrower at Liberty. wlKve
modesty Impels him to decline to hay his
name used, gives the result of his searon s
work. On a 23-acre orcluird he harvestetl 38.-
500 pounds of dried prunes; whjch He sold at
4?i cents a pound, lie did all his own work
up to harvest time and then had an expense
of a little lesa than 1 cent a pound for pick
ing, curing and marketing. This left Mm a
little better than 3i cents a pound net prortt.
or about $1300. He made enough drying
prunes for other- people, and by the wile of
other products of his land, to pay him goo.i
wanes for his own labor during the year, so
mat ne has a clear profit or $1300 after mak
ing allowance for his own work. Thlrt. It may
be repeated, waa en a yield, of prurs less
than halt tho quantity usually harvested.
NEW YORK, Oet. 21. In metals today th
usual quiet prevailed In the absence of easier,
and price?- showed . no quutable o.nge. Lake
copper fis quoted at -10.37144el6.7-ic: electro
lytic at 16.23610.0214c. and easting at 10ft
Spot tin -ontinuod'in light demand,' with peot
quoted at 32.271662i024c
I"ad Avaa quoted, at 5irf.33c; nominal en typot
with supply to arrive at 4.83e.
Spelter shows eontmuad Arame of 6.13W
.6.23c ' -"
Iron Is In good demand-' and prices are firmly
Dairy Produce In tho Kui.t.
, CHICAGO. Oct. ,21.-On the IToduee Ex
change today the- butter market was firm;
freamexy.w 171421e: dairy. 18419c. Scg!..
firm at mark, cases Included. lSe; first; 2U-;
prhne firsts., 23c; extra. JZc. Cheetv nrni.'
NEW YORIC. Oct. 21. Butter, slightly firm
ehanged Unellanse1- cheSse. fl"- BBSO; un-
Ncw York Cotton Market.
NEW YORK. Oct. 21. Cotton' futures 'closed
steady. Oetober. 9.S7c; .ovemlH"r. 9.92e: De
cember, lO.DOe; Janpary, lo.lSc; May. l1.44e.
Wool at St. Lout. '
ST,LOlJIS. Oct 21. Wool, steady; territory
LESS' THAN ESTIMATED
CASH GAIN AT NEW YORK NOT
"WHAT "WAS EXPECTED.
aioderafe Contraction In Loans I.
crense in Surplus Reserve
NEW YORK. Oet. 21.-The Financier says:
The efflelal statement ot the New York
Associated Banks last week showed a small
er gain In cash than was estimated upon tlH
basis of the traceable movements of money
during the week. The contraction In loans
was moderate, as might have been expected
form the large reduction In this Item In the
previous week, and tho augmentation In sur
plus reserve was sufficient to make a good
balance for the season. The cash gain wua
$1,737,200 and It was largely due to re
ceipts of the proceeds of foreign gold, at
the elose of the weelt ending October 14.
which were .then paid through the local
assay office. This sum of nearly $3,000,000
counted ,for the fulj week In the averages.
w"lth receipts of money, from other sources
should. It' would seem, have made a greater
gain In cash. Deposits decreased $2,218,200.
or more by $501,200 than the sum of the
$3,504,200 contraction In loans lens the in
crease In cash; therefore, the statement did
The required reserve was reduced $374,350
through thf decrease In deposits. Adding
this sum to the .cash gain, as above, made
$2,371,750 as the increase In surplus re
serve to $12,383,150. Computed upon the
basis ot deposits. lexs those of $8.48.1,000
public funds. 'the surplus Is $14704,050.
It may be noted that tho decrease In loans
since August 3 has thus far been $110.4S3.
000; the net loss. In cash In this Interval has
amounted to $3S.S50.150 and the reduction In
deposits to $175,385,300.
The statement of averages of the clearing-house
banks ot thin cly this week fol
lows: I Her ease.
Loans $t.,)2ft.00).100 $3.3lll.20O
Deposits 1,023.855.400 2,24S.2m
Circulation 34.080.500 32l.7on
Legal tenders 75.38t;.7W .-.SS.ihmi
Specie 103.101.300 1.2M.20
Reserve 2U8.548.000 l,77.2im
Reserve required. 235.004.S30 374.330
Surplus 12.5S3.130 2.371.750
Ex-U. S. deposits.. 14.701.030 2.374.223
TVs treat and curs hundreds every
month who suffer from Pelvlo and
other diseases of men, such as Hydro
cele. Varicocele. Stricture. Stomach,
Kidney and Bladder Affections, Vital
Weakness, Nervous Decline, Impo
uncy Nocturnal Losses and all tnxt
long train of symptoms and troubles
which arise from youthful errors or
We. haw a new specific treatment for
Gonorrhoea which ts prompt, sure, af
Syphilis and all blood taints wo curs
to stay cured, and do not resort to pol
Varicocele. Hydrocele. Plies. Rectal
Ulcers and Cancers wo curs effectu
ally and without the use of the knlfa.
Consultation and examination free.
Write tor symptom blank and book tf
you cannot calL
Offlco Hours: 3 A. 11 to 8 P. iLj
Sunday. 1Q to 12.
St. Louis ZT Dispensary
Cor. 2d and Yamhill Sts Portland. Or.
is interested and should know
aoont tns wonaenm
MARVEL hir!inq Seray
I The new Yagliai Pjrisr. tnit'
Ron and Suction., liest Saf.
est Most Convenient.
I f he cannot innnlrlhn
X ARVK"u, accept no
illuitnled book MiTrd. It
f nil tturtlenl&n nrl .Hn-lirm In.
valuable to ladles. HAKVEI. CO.,
44 K. SSil ST.. KW YORK.
Wsodard. Clarke a Co rortlaad. Oregoa