The Sunday Oregonian. (Portland, Ore.) 1881-current, January 19, 1908, SECTION FOUR, Page 9, Image 43

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    TIIE SUXDAY- OREGONIAN, PORTLAND, JANUARY 19, 190S.
I 0LD0H P
Association Estimates It at a
Total of 78 Cars.
SALES IN LAST TWO WEEKS
What Remains Is of First Quality
and Will Xt Be Offered Freely.
Reports From the Dif
ferent Sections.
At yesterday' meeting of the Confed-T
erated Oniongrowers' Association, rc-
florU were received from the different
producing sections, and the association s
estimate of unsold stocks In Oregon a
revised showing 78 cars left in the state.
Selilngf in the past two weeks was un
usually heavy, consisting for the most
part of onions that . were not - keeping
well. Those that are left are good keep
ers and it is not likely that the sales in
the immediate- future will be so active.
The recent movement has been handled
so well that very little loss Sias occurred.
Owing to the liberal selling, the advance
' in prices was necessarily slow.
The report from- Sherwood indicated
that since tire- previous meeting two
weeks ago. ten cars were shipped, 11 sold
tor immediate delivery and four for fu
ture delivery, a total of 25 cars sold,
leaving 25 cars unsold in that section.
Of the sales, ten cars were reported at $2,
one at 11JS and the remainder at $1.75.
Woodburn reported six cars sold at $1.75.
There were no shipments from Cedar
Mills, where 11 cars are left. Milwaukie
shipped one car at $1.85 and has one at
$3 ready to go. Local shipments were 370
tacks. Four cars are left in that section.
From Tualatin five cars were shipped
and it is estimated that ten cars are
left. Hillsboro sold and shipped one car
at $1.75, has three cars sold' at $2 ready
-to go and four cars remain. Beaverton.
shipments were only 500 sacks "despatched
locally. .
HU E MOLD APPEARS !' HOP SECTION
Activity In the Ore-on and? Yakima Markets.
London Trade Reports.
A considerable degree of activity is re
ported in the Oregon hop market, but
without special pressure.' to sell being
shown. Prices paid are those previously
current.
Keports aro coming in from several
sections of the appearance of blue mold
in 1908 and 1907 hops. i
McNeil Bros, are operating rather
heavily ire Yakima hops, having bought
about 4(i0 bales of 1907's and olds in the
past two days at prices ranging from 1V4
to 6 cents. Joe McNeff, who is now in
this city, estimates the unsold supply of
last year's crop In Yakima at 3000 bales
with an equal quantity, of olds remain
ing there.
The latest English trade circulars say
of market conditions there: Wild, Neame
& Co., Londpn. Our market has scarcely
opened since the recent holidays. There
Is very little doing and quotations are
unaltered.
Manger & Henley, London. There is a
little Inquiry springing up for good
copper hops.
w. H. and H. Le May, London. The
holidays having finished there is some
business passing chiefly in low-priced
. hops suitable for copper purposes, the
current value of such being sufficiently
tempting to Induce some consumers to
stock tip.
J. H. Meredith & Co.. Worcester.-
Owing to the holidays the general trade
lias been almost at a standstill on this
market, but one lot of 57 pockets passed
the public scales last week, making 18,157
pockets weighed since the season com
menced. The few hops left in first hands
are firmly held, most growers anticipating
a more remunerative trade in the Spring.
MAY CLEAN" I'P CANNED GOODS STOCKS
Hum Francisco Expects Big Demand When
Battleship Fleet Arrives.
The San Francisco trade anticipates
a big increase in the demand for canned
Koods when the battleship fleet reaches
Its destination. A leading brokerage
firm of that city writes:
"As ypu are aware, there are 16
battleships cn route to San Francisco,
besides torpedo boats; tenders, etc.
By the time the squadron arrives its
provisions will be practically ex
hausted. Everybody conpected with
food products here is studying this
proposition with a view to being able
to meet the demands that will be made
on them when the ships reach San
. Francisco. In addition to the fleet en
route thero is the squadron that has
been here several months, so altogether
we figure there will be in the neigh
borhood of 40,000 to provide for. Now,
as you know, the Navy uses large
quantities of canned fruits and canned
salmon, and it will probably take every
tin of these goods that can be had on
the Tactile Coast. In fact, we feel safe
in stating that the Pacific Coast will
not be able to come anywhere near
supplying the demand."
EGGS ON TUB DOWNWARD GRADE.
Only a Change In Weather Can Prevent
Further Decline.
The egg trade was very slow yes
terday, both locally and on shipping
account. Fresh ranch stock continues
to come forward with Increasing free
dom and only a change to Colder
weather can prevent the market from
falling lower. Quotations on the street
yesterday ranged from 27 A to 29 cents
and predictions were freely made of a
25-oent market by next Saturday, if it
continues warm.
The poultry market was a dull affair
all week, with the exception of ducks,
which, being scarce, ruled firm and are
likely to remain so for two weeks,
t'liiikens. except small Springs, have
fared poorly. Oeese have not sold well
and turkeys have been a drug on the
market.
The butter situation shows no
chungc. The city creameries are still
npHru rront street is weaK with a
wide range of prices quoted.
Veal In Light Supply.
The demand for small and medium
sized fat. fancy veal exceeds the sup
ply. Large, rough and "grassers are
sellers, but, of course, not at top
prices.
- Receipts of dressed pork have been
very large during the week and prices
for best packers and block eased off
to T cents. The demand has been very
good, however, and la expected to con
tinue so for the coming week for good
stock.
Fresh Produce Trade Blow.
No arrivals of Importance were re
ported in the fruit and vegetable' line
and business on the whole was slow.
Apples continue firm with a fair de
mand and moderate stocks. Good pro
gress is being made In cleaning up the
recent celery receipts.
Wheat Quirt and Vnchanged.
The wheat market was quiet yester
dxy but prices were unchanged at 87
cents for bluestem and Si cents for
club.- Should the foreig-n markets re
cover in the coming week, more ac
tivity can be looked for here.
Bank Clearing.
Clearing of the Northwestern cities yes
terday were as follows:
Clearings.
Portland i...S 771.720
Seattle 1.120.5O4
Tacoma 51)9.323
Spokane 69S.U77
Balances.
t 81.049
153,401
4.37S
72.US2
Clearings of Portland. Seattle and Tacoms
for the past week and corresponding week
in former years, were:
Tacoma.
13.782,337
4.U11.254
3,703,324
3.043,333
2.228.339
2,105.4:10
1,218.142
190S
W7
11MXJ
103
1W4
1!HS
11MU
...ifj.41S.830 f7.3-iS.W7
... 6.513.743 8.5i)S.S;sS
... 4,!1,323 7.914.077
... 4,070.301 4,957.816
... .VWS,O70 4.S0H.2O7
... 1.011,3X2- 3.087.4S4
... 2.727.183 2,S2S,li09
PORTLAND QUOTATIONS.
Grain, Floor, Feed, T.te.
WHEAT Club. S3o: bluestem, 87c; Val
ley, 83c ; red, 83c.
OATS No. 1 . white, 27.30 28: gray.
27 3013 28.
'BARLEY Wed, $27. DO per ton: browing.
32; rolled. 2a30.
FtOUR Patent. 14.95: straight. 14.40.
X clears, 14.40; Valley. 14.40; Graham flour.
$4.254.75; whole wheat Sour. .4.5098; rys 3
flour. 15.50.
MILI.STL'FFS Bran, city. $24; country,
$23 per ton; middlings, $30; shorts, city,
125.80; country, !2tt-50 per ton; chop, 118
22 per ton.
CEREAL FOODS Rolled oats, cream. 90
pound sacks, per barrel, $8: lower grades,
lo-S0$7 DO; oatmeal, steel-cut. 4Vpound
sacks, $8.60 per barrel; 9-pound sacks,
18 per barrel: 9-pound sacks, 14.50 ir bale;
split peas, per 100 pounds. 14.2364.80;
pearl barley. 14 4M.50 per 100 pounds;
pastry flour. 10-pound sacks. $2.00 per hale;
flaked wheat. 13.23 per case.
CORN Whole. 132.50: cracked, 132.50.
HAT Valley timothy. No. 1. 118 per ton;
Fastern -Oregon timothy. 12t22: clover,
113; cheat, 113; grain hay, 115916; alfalfa.
$15; vetch, $14.
Vegetables, Fruit, Eta.
DOMESTIC FRT71TS Apples. 11SJ2 30 per
box: Attaches, 75c $1 per crate; pears. 11.21
(ft 1.75 Der box: cranberries, 1S&11 per
barrel
TROPICAL. FRUITS Lemons, 13(33.30
per box; oranges, navels. 2.00f'2.75, Japa
nese oranges, euo per dox; grapeiruit, s.
bananas, 545c po des.. crated, 5c; pine
apples. $44.50 per' dozen; tangerines, $1.75
per box.
ROOT VEGETABLES Turnips, 750 per
sack; carrots. 3c per sack) beets, $1.00 per
sack; garlic, c per pouno.
FKESH VEGETABLES Artichokes. 90ci9
11.25 per dozen; beans, 20c per pound; call
basre, lo per pound; cauliflowers, 12.00(9
2.25 per dozen;- celery, 13 253.50 per crate;
lettuce, hothouse. $101.25 per box; onions.
lOWZMv uer aozen; parsley, ave par u.vwui
peas. IOC per pound; peppers, Stfpl?o per
pound: pumpkins. lQl'Ac per pound; rad
ishes. 20o per dozen; spinach, 6c per pound;
sprouts, 8c per pound; squash. 14ylKo
per nound: tomatoes. $2 per box.
ONIONS Buying price, $1.85Jf2.15 per
hundred.
POTATOES Buying price, 3075o -per
hundred, delivered Portland! sweet pota
toes, 133.25 per cwt.
Butler. Eggs, Poultry, Etc. .
BUTTER Clfy creameries; Extra cream
ery. 35&37&C per'pound; state creameries.
fancy creamery. 3035c; store, - butter,
choice, I7h20c. . - '
CHEESE Oregon full creang, ".wlns.-ia
WlGttc; Young America. . 17 17 rto . i
pound.
POULTRY Average old henz, 12(frl2!4c;
mixed cmrKens, lliVl-c: Fprtrgr toniCKens,
12a- 13c: roosters. StfiiOc: dressed chickens.
34c; turkeys, live, 14G 13c; dressed, choice.
17(13c: geese, live, per pound, OlOc;
ducks, 1017c; pigeons, 75c81.0O; squabs,
ll.MKBA
EGGK Fresh ranch, candled, 2729c;
per aoaen; Eastern, 20220 per dozen.
VEAL 75 to 123 pounds, lime; 123 to
15U pounas, Tc; 150 to 200 pounds. 5G6H0.
PORK mock, 75 to 150 pounds, 4j7o;
pacKers, tic. i
'' Groceries, Nuts, Etc.
RICE Imperial Japan, No. 1, 6Ke; South
ern Japan, 5K95c; head. 7tec
COFFEE Mocha, &42Sc; Java, ordinary,
17 8 20c: Costa Ric fancy, 1820c; good,
16&1SC;, ordinary.- 1216e per pound. Co
lumbia roast cases. 100s. 114.50; 50s, 114 75;
Arbuckle. 116.63: Lion, 113.88.
SALMON Columbia River, 1-pound talis,
12 per dozen; 2-pound tails, $2.93; 1-pound
flats. $2.10; Alaska pink. 1-pound tails. 95c;
red,- 1-pound tails. '11.55; sockeyes, 1-pound
tails. 11.90.
SUGAR Granulated. 13. 60; extra C, 15.10;
golden C, 15.00: fruit sugar, 15.80; berry,
$j.W); star. $5.50; beet sugar, 15.40. Advance
sales over sack basis as follows: Barrels,
10c.; H barrels, 251 ; boxes. 50o .per 100
pounds. Terms: On remittances within 13
days and within 30 oays. deduct He; maple
sugar, 15)18c fer pound. -
NUTS Walnuts, 15 sttf20c per pound by
suck: Brazil nuts. 19c; filberts, 10c: pecans.
10018c; almonds, 19 20c; chestnuts,
Ohio. 25c: peanuts, raw. 68c per
poupd; roasted. 10c; plnenuts, 1012c; hlek
ory nuts, lOo; cocoanuta, SSifOOo per dozen.
SALT Oraru'ated. 118O0 per torn 12.23
per bale; halt ground. 100a. $13-50 per ton,
60s. 114 no per lou.
BEANS Small white, 4c; large white,
4Vic: pink. 4.20c; bayou. 4c; Lima. Bttc;
Mexican red. 4c
HONEY Fancy, $-3.5003.75 per box.
Provisions and Canned Meats.
BXCON Fancy breakfast, 2214c pound;
standard breakfast. 19 H c; - choice. 18 Vic;
English. 11 to 14 pounds, 14c pound
HAMS 10 to. 11 pounds, .120 pound: 14
to 16 pounds, 12Vic; IS to 20 pounds, 12V4C;
picnics, 9c; cottage, 10c; shoulders, 10c;
boiled, 24c
SAUSAGE Bologna, long. 8c; links, 7 He
BARRELED GOODS Pork, barrels. $20:
half-barrels, 111; beef, barrels, 110; half
barrels, $5 50.
DRY SALT CURED Regular hort clears
dry salt. 10 "4c;- smoked. 11 c; clear backs,
dry salt, 10kc; smoked. llc; clear bellies,
14 to 17 pounds, average, dry salt, tavfccl
smoked. lSVsc; Oregon exports, dry salt,
12 iic; smoked, 1814c.
LARD Kettle rendered: Tierces, 12c;
tubs. 1214c; 50s. 12(4o; 20s, 12c; lOa. 12Hc;
5s, 12 He; 3s. 13c; standard pure, tierces,
11c; tubs. HHe; 50s, -lltc: 20s, ll4o; 10s,
11C; 5s, 12 He- Compound: . Tierces. 79ci
tubs. 7ci 50s. 7c; 20s. 714c. .
Haps, Wool, Hides. Etc .
HOPS 1907, prime and choice. 6S7V4C
per pound; olds., Ifr2c per pound.
WOOL Eastern Oregon, average best, 18
C20c per pound, according to shrinkage;
Valley.. 18 620c, according to fineness.
MOHAIR Choice. 29a30c per pound.
CASCARA BARK 514 6c per pound; car
lots. 7c per pound.
HIDES Dry. No.. 1, 15 pounds and up.
12 1214c -per pound; dry kip. No. 1, 5 to 15
pounds, 12c- per pound; dry calf No. 1.
under 5 pounds, 14c; dry salted, bulls and
tags, one-third less than .dry flints; culls
moth-eaten, badly cut, .. scored, murrain,
half -slipped, weather beaten or grubby: 2 0
3c per pound less; salted hides, 56c(
salted kips. seSc: calf skins. 7 8c; green
hide, lc per pound less.
FURS Bearskins, as to size. No. 1, $5 0
20 each; cubs, 1103 each; badgers, prime,
2 5 50c each; cat, wild, with head perfect.
80 50c; cat, house. 5420c; fox, common,
gray, large prime. ;0&70c each: red. 13(ff5
each: crobs. !3B15 eash: silver asd black.
1OO930O each; fishers. $39S each; lynx,
14.30(91 each; mink, strictly No. 1, accord
ing to slse. $103 each: marten, dark, north
Vl0tt 'joioo pus ez;s t SuipaoooB uj
each; pale, pine, according to size and
color. 12 3004 each; muskrat, large, 12015c
each: skunk. 3040c each; civet or pole
cat. 56 15c each: otter, for large, prime
skins $0010: panther, with head and
claws, perfect. 123 eaeh; raccoon. for
prime, large. 500750 each; wolf, mountain,
with head perfect. 13.50 0 5 each; prairie
(coyote). 6OC011.OO each; wolverine, 1408
each
Frmh and Shell Fish.
V-IiAMS Hardshell, per box, $4.40; razor
clams, $2.23 per box.
FRESH FISH Halibut. 9Hc: black cod,
8c: black bass, per lb., 20c; striped bass,
13c; smelt. c: herring. 514c: flounders. c:
ea-ifuh. lie; shrimp. 10c: perch. 7c; stur
geon. 1214c; sea trout, 18c; torn cod. 10c;
salmon, sllversldes. 9c; steelheads, 11c
Dried Fruit at New Xsrk.
NEW YORK, Jan. I The market for
evaporated apples is less active with fancy
quoted at lOH011c; choice, 90914c; prime,
70 8c; 190O fruit. T01O14C
Prunes- are unsettled on spot, with -quotations
ranging from 5 to 18c for California
fruit, and from 70 7c for Oregon 50s-30s.
peaches are unchanged at lll4 0121ic for
choice; 12H 01314c for extra choice; .13 0
13-c for fancy, and 1401414c for extra
fancy.
Apricots are steady, with choice at lfl
23c: extra choice. 23 023c, and fancy, 21
020c. .
Raisins, easy, with loose muscatels at 614
07Hc; seeded raisins, 614 09c; London lay
ers. 11.0301.73.
STOCKS GIVEN LIFT
V-
Fine Bank Showing Strength
ens Market.
SECURITIES IN DEMAND
Reading and Steel Shares Are Fea
tures of Strength Probability
of Gold Exports Causes
So Misgivings.
NEW YORK, Jan. 18. The stock mar
ket continued active on a strong bank
statement today, although the return was
not published until after the close of the
market, according to the rule made per
manent last Fall. This expectation was
the principal sustaining force to prices.
The most seriofc ; Obstacle to the ad
vancement was tn heavy tone of Ameri
can Smelting, which was -heavily sold
while prices elsewhere were advancing.
Reading was the. feature of strength.
Speculative support of this stock was en
couraged by the announcement of the
agreement of- the Department of Justice
to refrain from . enforcing penalties
against the coal carriers under the new
law which goes into force May L pending
a judicial decision on the constitutionality
of the law. .This law forbids railroads to
own commodities which make up their
traffic, and compliance with it by May 1
threatened serious embarrassments to the i
coal roads which own coal mines.
The United States Steel stocks also
were strong with notable sympathetic
effect on sentiment,, owing to the Infer
ences drawit of improving conditions in
the trade. Improved collections reported
by the mercantile review and hopeful
auguries drawn by ' the development of
commercial activity were favoring influ
ences on the market. Realizing was in
progress side, by side with the new
buying, notably In Northern Pacific.
The gain of upwards of 126.000,000 in
cash holdings, reported by the banks, is
a revelation of the extent to which
hoarded funds are rushing- back into
banking deposits. The loaning power t
the New York banks is thus expanded
upwards of $100,000,000. The week's light
loan expansion, under the circumstances,
seems moderate. .
The strong, rise in foreign exchange,
which continued today, with its intima
tion of possible gold exports, is not likely
to arouse misgivings in the face of this
showing. This cash gain compared favor
ably with the amount of the cash de
crease in the week ending Novem
ber ,2, in the stress of the
panic when- cash holdings of the clearing-house
banks decreased $30.601. 00. The
gain in surplus reserves of $16,551,425 Just
falls short of unusual record which was
made in the week ending May 28, 1904,
with a gain of $16,688,050.
Bonds were steady. Total sales, par
value, $2,362,000. United States 2s regis
tered declined , the coupons and the
8s per- cent on call during the week.
CLOSING STOCK QUOTATIONS.
Closing
Sales.
Adams' Express
Amal Copper .... 36,500
Am Car & Foun. 10
High. Low.
r31d..
IBS
52
82
90
33
85 .
200
15
16
. 8
22
40
90
71
92
11414
' 80
3345
74
86
76
89
88
4
15114
178
81
D
151
117
5
15
00
22
2514
6214
43
103
53
32
90
33
5114
31
90
83 J4
do preferred ....
Am Cotton Oil...
do preferred ....
Am Express
Am Hd &. Lt pf.
American Ice ....
Am Linseed Oil..
do preferred .v.
Am Locomotive . .
do Dreferred .
100
200
600
2,000
1514
i-r
14-14
1:)4
700 4014 39
Am Smelt & Ret. 64,700
7314
70
92
11314
80 lj
33
73
8014
7414
. do prererred ....
Am Sugar Ref . . .
Am Tobacco ctfs
Anaconda Mni Co,
Atchison
do preferred . . .
-Atl Coam Line...,
Bait & Ohio ,
U0O 93
8.400 11B14
300
8014
2.000
7,300
. 200
3u0
200
84
7414
8614
7514
8014
do preferred
Brook Rap Tran. 16,500
4714 4fl!i
Canadian pacmo .
Central of N J...
Ches & Ohio....
Chi Gt Western.
Chicago & N W.
1,000 15114 ' 1C014
900
32
614
si 14
5
15114
11694
1,000
900 15214
C, M A St Paul. 12,200
Chi Ter & Tran
do preferred
ill i
C, C. C & St Louis
Colo Fuel tc Iron
Colo ft Southern.
do 1st preferred.
do 2d preferred. .
Consolidated Gas..
Corn Products ...
do preferred ....
Del Hudson....
Del. Lack & West.
D 4 R Grande...
do preferred ....
Distillers' Securl..
Erie
do 1st preferred.
do 2d preferred..
General Electric.
Illinois Central . .
Int Paper
do preferred ....
Int Pump
do preferred ....
Iowa Central ....
do preferred
K C Southern 4..
do preferred . . .-.
Louis & Naehville
Mexican Central..
Minn & St Louis..
M, St P ft S 8 M
do preferred ....
Misaourt Pacific ..
Mo. Kan ft Texas
do preferred . . . .
National Lead ....
Mex Nat R R pf
N Y Central ......
N Y. Ont ft -STest.
Norfolk ft Western
do preferred ....
North American . .
1,300 ' 8014 6014
3.300 22 2114
3.000 26 . 2544
600 6214 52
400 4314 43
L3O0 "iiii"
2iO 65 65
. 800 165 165
""906 "30" 84
800 114 1-3T4
200 &1U, 8.114
600 2414 2314
200 123 122
600 133 1321s
1.000 ,12U 12
8lO 64 63"4
,200 2114. 1914
300 69 6S
800 1274 12
,400 29 29-14
M 23 23
i',466 irai ioa"
600 15T4 -15
400 2S 25
100 90 90
' i"ioo "44"" "43"
8,400 25 24
200 5714 6714
1.700 42 4014
'5,366 ioi'" ioiii
'"566 "52" "siii
14
651i
163
600
19
67
34
16
33
23
121
132
12
84
2o
?2"
20
23
03
103
15
23
' 90
130
43
25
43
101
36-
SO
51
20
116
87
TO
22
so
107
HOtt
83
81
18
70
14
. 1
28
14
29
76
111
10
34
20
14
Pacific Mail
Pennsylvania 10,200 lis;
People's Gas .... 600 8814
P. C C ft St Louis
Pressed Steel Car
do preferred ....
Pullman Pal Car. 100 138
Reading 113.7O0 111
116
8714
138
109
84
Rt
184
do 1st Dreferred
o S4
do 2d preferred..
Republic Steel . . .
do preferred ....
Rock Island Co..
do preferred ....
St L ft S F X pf.
St Louis Southwest
400
1:0
200
2.000
4.700
81
1SU
70
U
28
1414
27
do preferred .
Southern Pacific
do preferred .
17,800 7TH 76
Southern Railway.
dt preferred ....
Texas & Pacific.
1.300
700
10
34
1014
Tol, St L & West ..
do preferred . . .
Union Pacific ...
do preferred . . .
2O0 3I1'4
36
127
83
"38
Kt"
80
4
18
""6"
16
"si".
- 69
6
ie
41
127
124
18
4
8
22
51,400 128
. 2oO 84
"""200 '39"
127
82 95
SO
23
82
ao
4
18
93
9
IT
310
61
5
6
16
41
128
124
18
84
KU
22 li
V S Express
TJ S Realty ......
V S Rubber
do preferred ....
TJ S Steel ....
do preferred ....
Va-Caro Chemical.
do preferred ....
Wabash .'
do preferred ....
Wells-Fargo Ex...
Westlnghouse Elee
Western Union ....
Wheel ft L Erie..
Wisconsin Central.
do preferred ....
""406
83 H
3"Vi
9514
18
"i'i
en
64
1H
6.B00
4.800
100
'2.406
300
""466
3o0
100
1
Northern Pacific.
Gt Northern pf . .
Central Leather. .
do preferred ...
Int Metal
do preferred . . .
eiose-Sheffield ...
29.100 120H
14.500 125
R00 1S"4
100 84
200 814
1.000 22
Total sales for the day, 633,200 shares.
- BONDS.
NEW YORK. Jan. 18. Closing quotations:
U. S. ref 2s reg-104N Y C G Ss. . 89
do coupon 104INorth Pacific 3s.. 70
U. S. 3S reg 100IXorth Pactflc 4s. 100
do coupon. ... IOI ISoutJi Pacific 4s. S7
C. S. new 4s reg.l1S!rnion Pacific 4s. nn
do coupon. .. .)20M:IWiscon Cent 4s. 84
Atchison adj 4s &5Japanese 4s... 75
D A R O 4s... 93 1
Money, Kxcfannge, Etc.
NEW YORK. Jan. 18. Money on call
nominal. Time loans, easy; 60 and 90 cays
and six months, 5 per cent.
Prime mercantile paper, 6Vi7 per cent.
Sterling exchange, strong, with actual busi
ness in bankers' bills at $4.80B64r4.867S for de
mand and at $4 8275ff4.83 for so-day bills.
.Commercial bills, $4.81 Vj4.81.
Bar silver, 5514c , '
Mexican dollars. 44c. ,
Government and' railroad bonds, steady.
LONDON. ' Jan. la Bar silver quiet.
25 ll-ld per ounce. '
Money, per cent.
The rate of discount In the open market for
short bills is 4V4 per cent.
The rate of discount in the open market for
three months' bills is 4V4 per cent.
SAN FRANCISCO, Jan. 18. Silver bars,
5S; Mexican dollars, 63Hc: drafts, sight.
12c; drafts, telegraph. 17o: sterling. 60
days, $4.8314; sight. $4.87H-
Stocks at London
LONDON. Jan. 18. Consols for money,
83; do for account, 83 15-16.
Anaconda 6.75 IN. Y. Cent.. 1O4.00
Atchison .... 73.87 Norf lk A West ,0.00
do pref 89.00 I do pref 8o.00 -
Bait 4 Ohio 91.75 lOnt ft West 30 23
VTan Pueifte. 153. 12141' ennsyivania. o-j.ia
Ches & Ohio 32.50
Chi Grt West 6.00
Rand Mines.. 5.624
Reading .... .-( 01 Vi
C. M. & . P. 120. 00
De Beers 13.87 V4
D ft R O 20.50
do prer. ... 81.O0
Erie T 16.S214
do 1st pf . . 83.00
do 2d pf . . 24.50
Grand Trunk 17.12V4
111 Central. . .130.00
L & N lOO.Wl
Mo. K. A T. . 21.23
Southern Ry. . 11.00
I do pref 35.00
South Pacific. 78.62H
Union Pacific. 180.62 is
do prer..... i?miu
U. S. Steel.. 31.37H
do pref irT.zo
Wabash 1000
do oref 18.0O .
Amal Copper. 5.73
PORTLAND UVESTOCK MARKET.
Prices Quoted Locally on Cattle, Sheep and
, Hos.
Livestock prices ruled steady to firm yester
day as previously Quoted. Receipts were 90
hogs and 30 cattle. .
The following quotations were current in
the local market:
CATTLE Best steers, 13.7504,25; medium,
$3.2503.75; cows, 1303.25; fair to medium
cows, 42.5002.76; bulls,. $1.5002.26: calves,
... A-
SHBEP--Goo' sheared. $4.2504.78; full
wool. $4.6006; lambs, $4.6006.25.
HOGS Best, $5.1006.33; llgnia ana
$4.75fl5.25.
- . . .
'Eastern lAvesrocK nsrsn.
CHICAGO, Jan. 18. Cattle Receipt
about 400; market, steady. Beeves. $3,650
6 23- cows and heifers, $1.5004.20; Texans.
$3.2004: - calves, 13.50 0 7.80: Westerns,
13.75 0 4.60; stockers and feeders. $2,300
4.20. ' . .
Hogs Receipts, about 80,000: market,
weak to- 6c lower. Lights, 14.1504.4O;
mixed and heavies, $4.2004.50: pigs, 3.6
04.20; bulk of sales, 14.8004,45.
Sheep Receipts, about 2000; market,
steady. Natives, $3.600 5.75: Westerns,
$3.5005.70: yearlings. 15.6001; lambs, 15.5
7.30; Westerns. $5.5007.30.
KAHM3 V 1 1 1 . .w-
i'celpts, 100O; market, steady. Native steers.
$4.2005.65: native cows ana iibiii,
05: stockers and feeders, 13.2504.00; bulls.
12.8004.10; Western steers, $403.26; West
ern cows. $2.7304.25.
Hogs Receipts, 14,000; market, 60 lower.
Bulk of 'sales, $4.1304.33; heavy, $4,800
4.40; packers, $4.1504.26; pigs and lights.
Sheep Receipts, none; market, nominally
steady.
.SOUTH OMAHA, Jan. 18. Cattle Ke-
celots. 100: market, unchanged.
Hogs Receipts,- 10,000; market,-shade to
6c lower Heavy, $4 22 04.32 : mixed.
$4.200 4.23; lights, $4.1004.25; pigs,- $3,550
-4.00; bulk of sales, $4.20 04.25.
Sheep Receipts, 100; market, steady. Fed
muttons, 13.5006; wethers, $505.50; ewes.
14.83 05.15; lambs., 16.5O0T.
Dairy Produce in the East.
Chicago, Jan. 18. On the Produce Exchange
today the butter market was steady. Cream
eries. 21030c; dairies, 19027c
Eggs Easy; at mark cases included 230
24c; firsts, 24c; prime firsts, 26c; extras, 27c;
Cheese Firm, 11018C.
NEW YORK, Jan. 18. Butter, steady and
unchanged.
Cheese Firm and unchanged. '
Eggs Easy. Western firsts, 28c; West
ern seconds, 24026c.
Naval Stores.
.SAVANNAH. Ga., Jan. 18. Turpentine,
nominal, 54c; sales, none; receipts, 308
cases; shipments, 212 cases.
Rosin Firm; sales, 1730 cases; receipts,
2107 cases; shipments, 8332 cases; stock,
113.789 cases. A B C, 8.40c: D, 3.40c; B,
3.5c; F, 8.50c; G. 3.60c; H, 3.60c; I, 3.90c;
K, '4.BOC; M, S.65C; N. B-90C; W. G. 6. IOC
WW. 6-.30C.
Imports and Exports.
' NEW YORK, Jan. 18. Imports of mer
chandise and dry goods at New York for
the week ending January 11 were valued at
111.174.V4S.
Imports of specie for the week ending to
day were $54,449 silver, and $559,838 gold.
Exports were 1557,034 sliver and $12,000
goia.
Metal Markets. -
NEW YORK, Jan. 18. The metal mar
kets were generally quiet, prices being more
or less nominal in the absence of import
ant Dusiness. xin was reported easy at 270
27.60c
Copper was quiet with lake at 13.75014c;
electrolytic, 13.02 013.87c and casting,
13.37 13.62 c.
' Lead was quiet at 8.7003.75c Spelter,
4.45 04.55c
New York Cotton Market.
NEW YORK, Jan. 18. Cotton futures closed
easy.- Closing bids: January, 11.33c: Feb-
-n.ooo; aiarcn, ji.sbc; April, 11.0OC
May. 11.61c: June. 11.44er Julv. 11 tu- a.
gust, 11.10c; October, 10.55c
Wool at St. Louis.
8T. LOUIS, Jan. 18. Wool, steady.- Ter
ritory, and Western mediums, 20023c; fine
mediums, 19021c; fine, 16017c
. Russian Discount Race Down.
ST. PETERSBURG, Jan. 18. Ths rate of
discount of the State Bank was lowered
today from 7 to 7 per cent.
RAISE REDEMPTION FUND
Would Help Uncle Sam to 'Start a
Second Bnak.
NEWPORT. Or.. Jan. 13. (To tha wd!-
tor.) Everybody has Bome idea, advanced
or otherwise, concerning the present bank
inr system.
It is generally conceded that any bank
with 25 per cent reserve 1 not safe, and -to
do banking with a greater reserve becomes
unprofitable to the banker. Confidence is
only certain when the reserve or deposit to
meet outstanding certificates of indebted
ness, are about equaL A central Government
bank, with the necessary branches, orran
lsed on this basis, would prevent a panic
or period of depression, such as we have
passed th rough several times. Uncle Sam
under stress strains his credit, a day of
settlement comes and there is great distress,
Now. since we are all Uncle Sam's boys.
why not levy a tax. as we have done in
times of need, ana thereby raise a
demptlon fund? A good stiff sum of gold.
As fast as a dollar reaches the Government
vault, issue a certificate of one dollar. Keep
this up, until we have enough money in
circulation with the gold behind it to supply
the needs of the country. In other words, let
all the people help Uncle Sam start
sound bank one that can never falL be
cause there will be no opportunity for Wall
street to Juggle with the finances of the
country.
This seems to me to be tha right thing
to do It is certainly patriotic X was one
of a million who stood up for Uncle Sara,
while he had to play a confidence game,
and the "boys" took his paper at a dis
count of 20 to 27 per cent all because the
Government was doing just what It depre
cates in others, banking without an ade
quate redemption fund. This idea of bank
ing with funds on hand to meet outstand
ing obligations may be out of date, a trio's
old-fashioned. But it Is honest well, may
be that ia also out or date.
R. A. BENS ELL.
Oregon People at Chicago Hotels
CHICAGO, Jan. 18. (Special.) Oregon
people registered at Chicago hotels today
as follows:
Auditorium' Anmx Gore StockeY, C
S. Lnna, Mrs. u. s. tnna.
BAD WHEAT SLUMP
1 IWWtnf Vt WWW! VVIIitf Uf.
Chicago.
MARKET LACKS SUPPORT
Liberal Movement of Grain In the
Northwest Is the Bearish Fac
tor Other Cereals Also
. Give War.
CHICAGO, Jan. 18. The wheat market
was weak the entire day, but the severe
break in prices did not materialize until
late in the session. The market opened
easy, owing- to moderate buying by pit
traders, who were influenced by the con
tinued liberal movement in the Northwest.
sold off. to 1.03 and closed weak with
prices almost at the bottom, a net loss of
2V434o, at 1.02i41.02V4.
Cold weather and the break in wheat
had a depressing effect on the corn mar
ket. May opened lower at 60
6134c, sold at 60c, where lt closed with a
loss of 1 cent. . .
Trade In oats was dull and featureless!.
May opened HiS-Ho lower at B4Hc, sold at-
54c, and then declined to 54c, the closing
price, a net loss of 'wib.c.
Frovlslons were rasher inactive ana sen
timent was inclined to be bearish. At the
close May pork was off 10c, lard was 2"6
6o lower, ribs were 710o lower.-
The leadlns- futures ranged as follows:
WHEAT.
Open. High. Low.
...$l.ft4 1.4 1"2
... .994 .4 .97ft
Clofe.
11.02
.87
.94
May
July .
September
r. . . .OS -TO
.04
CORN.
.6014 -Mii
OATS.
MM M
.62 .62
.47 - .47 V
.45S .46
PORK.
May
.no
.5
.68 &
July ......
B8
.58
September
May, old .
May. new
.R4
.0214
.47
-40
.54
.45
12.77
13.27
July, old
July, new
February
May
...12.82 12.82 12.77
...1U.37 13.37 13.27
' LARD..
January
May ....
7.27
8.00
.. 8.0O 8,02 8.00
. SHORT K1BS.
January
fl.75
T.US
slay T.u 11' i.uo
Cash quotations were as follows:
Flour Quiet and barley steady. -Winter
patents, 94.50&4.90; straights, 4.25g4.70;
Bprtnr patents, $5.5038.75; straights, 4.60
6.10; baker's, 3.3084.40. .
Wheat No. 2 Bpring, Il.lOWl.11; No. 8,
8o1.10; No. 1 red, 87c1.00.
Corn No. 2. 69c; No. 2 yellow, 62rg82c.
Oats No. 2. 60c; No. 3 white, 49g52c
Rye No. 2, 82c
Barley Fair to choice malting. S(g96c.
Flax seed No, 1 Northwestern, fl.18.
Timothy seed Prime, . $4.40.
Clover Contract grades, $17.00.
Short ribs Sides (loose) $8. 62 (?.. 87.
Pork Mess, per bbl., $12.75(12.87.
Lard Per 100 lbs., $7.72.
Sides Shorti clear (boxed) $6.7SPT.OO.
Whisky Basis of high wines, $1.35.
Receipts. Shipments.
Flour bbls. 42.500 14.000
t"h,t hn 39.000 K9..KX)
Corn, bu. 614,100 2S4.200
Oats, bu .' 208,l"i00 . 118,500
Rye. bu. 11,000 4.000
Barley, bu. 13,100 17,800
Grain and Prodnce at New York.
NEW YORK. Jan. 18. Flour Receipts,
12,800 barrels; exports. 5956 barrels. Market,
dull and barely steady. Minnesota patents.
t5.40g3.70; Winter straights, $4.504.75;
Minnesota bakers, $4.6005.15; winter ex
tras, $3.73 4. 20; Winter low grades, $3.65
4.10.
Wheat Receipts, 13.000 bushels; exports,
150.7OO bushels. Spot, easy; No. 3 red,
$1.05 elevator and $1.07 f. o. b. afloat;
No. 1 Northern Duluth, $1.20 f. o. b.
afloat; No. 2 hard Winter. $1.14 f. o. b.
afloat. Bears attacked wheat today and
with the aid of disappointing cables, weak
outside markets and prospects for liberal
world's smpments, rorcea prices Off a cent
per bushel. May closes $1.1144; July, $1.06.
Hops Steady. Pacific Coast, 1907 crop,
8llc; 1906 crop, 56c.
Hides Quiet. Bogota, 16c; Central
American, 16 c '
"Wool Steady. Domestic neece,e?Wi(835c.
Petroleum Steady. Refined. New Tork.
8.75c; Philadelphia and Baltimore, 8.70c;
do in bulk, 4.95c.
Grain at Ban Francisco. ' .
BAN FRANCISCO, Jan. 18. Wheat,
weak and unsettled; barley, easy.
Spot quotations:
Wheat Shipping. $1.62 1.65; milling,
$1.70 1.75.
Barley Feed, $1.501.52 ; brewing,
$1.82 1.67.
Oats Red, $1.75 2; White. $1.5001.62:
black. $2.75 3.
Call-board sales:
Wheat May. $1.64.
.Barley May, $1.52.
Corn Large, yellow, $1.70 (J 1.7
European Grain Markets.
LONDON, Jan. 18.-Cargoes dull and de
pressed; nominal; no buyers. - California
prompt shipments 39c 6d. Walla Walla
prompt shipments 89c 6d. '
LIVERPOOL.. Jan. 18 Close: Wheat
March, Ts 10d; May, Ts d; July, nom
inal. '
English country markets 6d cheaper. French
country markets steady. Australia shipments
400,000 bushels; last week, 636,000 bushels.
Minneapolis Wheat Market.
MINNEAPOLIS, Jan. 13. Wheat, May,
$1.08 (91.08-J4 ; July. $1.09: No. 1 hard,
$1.10: No. 1 Northern, $1.08; No. 2
Northern, $1.06; No. 8 Northern, $1.02
6104.
Wheat at Tacoma.
TimMi. Tan 19. WhHl Tninha.
Blue stem, 85c; club, 83c; red, 81c
QUOTATIONS AT 8 AN FRANCISCO.
Prices Paid for Produce In ths Bay City
Markets.
SAN FRANCISCO, Jan. 18. The follow
ing prices were quoted in 'the produce mar
ket today: ' 5s - -
Vegetables Garlic, 4V5c; green peas, 5(3
8c; string beans, 150c; tomatoes, T5c
$2 50; egg plant. 15c.
Poultry, roosters, old. $4(94.50; roosters,
young, $5.50(816; broilers, small, $3.50(4.50;
broilers, large, $4.505; fryers, $596: hens,
$4(&9; ducks, old, $4(5'5; young. $57.
-Butter Fancy creamery, 34 c; creamery,
seconds. 30c; . fancy dairy, 22c.
Fruit Apples, choice, $2.25; common.
60c; bananas, 60C&J3; Mexican limes, $3f
$4.50; California lemons, choice. $2.50:
common, 75c; oranges, navels, $1.252-25
pineapples. $3 3.60.
Eggs Store. 2e; fancy ranch, 80c;
Eastern, 21c. .
Cheese New, 13 14;. Young America,
14!5 15c; Bastern. 17c.
Wool Spring, Humboldt and Mendocino,
22 v? 23c: South Plains, and S. J.. 58c;
lambs. 7(8 11c.
Hops Old, 2so; new, 10 11c.
Mlllstuffs Bran. $28(3 29.50; middlings,
$3035. '
Hay Wheat, $12017.50: wheat and oats,
$12 15.50; alfalfa. $9($14; stock, $S(g10;
straw, per bale. 45 85c.
Potatoes Salinas Burbankt, $1.00 1.85;
sweets, $3.252.50; Oregon Burbanks, $l(a
1.25.
Receipts Flour, ' 6632 quarter sacks;
wheat. 805 centals; barley, 2930 centals:
oats, 60 centals; beans, 850 sacks; eorn, 100
centals; potatoes,- 1350 sacks:' bran, 930
sacks; middlings. 2S5 sacks; hay, 418 tons;
wool, 3 bales; hides, 960.
Coffee and Sugar.
NEW YORK, Jan. IS. Coffee ' futures
closed steady, net 5 points lower to 5 points
higher. Pales, lf.450 bags, including Feb
ruary. 5.90c: March, 6c: July, 62-"c; Sep
tember, 6.35C and December, 6.4c Spot
DOWNING-HOPKINS CO
BROKERS
STOCKS, BONDS, CRAIIN
awn sad asat an sasfc ssat sa snartia.
Private Wires ROOM 4. CHAMBER
coffee, steady; No. T Rio. 6 1-lSc: No. 4
Santos, Sc. Mild coffee, steady: Cordova, 8
61.1c.
Suar Raw, nominal;-fair refining-. S.3S
,c: centrifugal. 9 test, 3.S3J S.Sftc;
sasnses 8.0SS3.11c. Kenned, steady:
Wo. 6. .ROc; No. 7, 4.4.3c; No. 8. t.Mc; N
. 4.35c: No. lO. .23c; No. 11, 4.20c; No. 13,
4.1!ic; No. .13. 4.10c; No. 14, 4.03c; confec
tioners' A, .4.70c; mould A, 5.25c; cut loaf,
B.70c; crushed, S.Ooc; powdered, 5c; gran
ulated, 4.00c; cubes, s.l.tc.
SHOULDN'T ATTACK COURTS
Portland Lawyer Discusses Recent
Unpopular lVesal Decision.
rORTLAND. Jan. 18. (To the Editor.)
Although I am a recent arrival In this city,
X note that several unpopular decisions re
cently handed down, almost simultaneously,
by the hiKhest Federal and State courts,
have caused many newspapers la Oregon to
break forth as to the general unreliability
and criminal leanings, proclivities and af
filiations of courts and judges. .
It Is Impossible for any good citizen not
to coincide with ths sincere destre for law
and order -which underlies this outbreak,
and which has been expressed by The Ore
gonlan with that conscientious force and
command of the English language which
makes the readintr of It editAHai .
dally pleasure. It is almost as difficult
foT me to agree with these Journallstlo
premises and conclusions, or to belfeve that
mir aaoption by the nubile can result In
anything but almost unmixed harm. The
declMons above referred to are two by the
Supreme Court of the United -States, one by
a California Appellate Court, and two by
me urerae uouri or tne state of Oregon.
It ts not my purpose to. Indulge In any ex
tended argument as to the leral merits
of these decisions, or to cite authorities In
tneir support, but simply to state why none
of them appear to ms to Indicate either
grave incompetence or moral depravity' on
the part of the men who compose these
courts.
Of the two Federal decisions, one declared
unconstitutional the employers' liability
act passed by the 159th Congress, and the
other reversed the judgment against ex
Congressman Williamson, convicted of sub
ornation of perjury in connection with the
so-called laud frauds. The declaion in
these cases are not before me- but they
have been reported In the newspapers with
apparently their usual accuracy In these
matters.
As to the employers1 liability act. there !
has been ever since Its enactment a pretty
even division of courts and lawyers aa te
ns constitutionality this division being
quits Irrespective of any pro- or antl-cor--poratlon
leanings of the attorneys them
selves. Personally. I cannot fee that the
power of Congress under the Constitution
to regulate Interstate commerce, a power
Intended to prevent mutually hostile legis
lation and disputes among the States Jrt
respect to exchange and- transportation of
commodities among them, can by any
stretch of the Imagination be so extended
as to give Congress authority to tmose a
liability on a railroad which happens tq
be an interstate carrier, and one of whose
track hands may have been negligently In
jured by a dirt-car or fellow shovelman.
on some siding In the heart of a State, yet
such Is the scope of the law a lt now
stands, and because of this scone it was
held - unconstitutional by the Court. .
Here the newspapers and people cry out:
"Is there no balm In GUead for the em
ploye,' wounded and oppressed?" And to
this question they make their own reply:
"No; for the railroads own the courts. For
a proof thereof, behold and read the de
cree!" .
I submit that this is not the answer, but
that the employe may and should be pro
tected by State and Federal legislation,
each In its' own field, and that this will
be done when the people who rail at the
courts show an equal zeal for ability, dis
cretion and honesty on the part of their
legislators, and when a slight knowledge,
at least, of constitutional limitations shall
be held a qualification of a 20th century
statesman though lt may and probably will
be far less Important than to be an effi
cient cog in the party machine or an effi
cient supporter of the senior Senator of
the State.
As to the Williamson case, there Is even
less doubt, for plainly the statutes do not
require the timber claimant at his final
examination to swear that he has entered
into no agreement to dispose of the claim,
and the Land Commissioner evidently went
beyond his implied powers In requiring it.
This is therefore not a material matter in
his proof, and cannot, lt would seem, sup
port either directly or Indirectly an indict
ment for perjury or the subornation thereof.
The people say that if this be so. it Is
strange it was never discovered until now.
It truly is. strange. Quite as strange as
the fact that until several years ago the
United States Bistrlet Attorney's office for
Oregon was deaf, dumb and blind to the
existence of such an offense as a land-fraud
against the United States Government! Yet
the incumbents of this office were appointed
and retained In office by the influence or
Senators and Representatives elected by the
people of this State. I am but a new ar
rival In Oregon, and I speak of local con
ditions with no personal bias and Indeed
.with no knowledge except what I hear and
read. They say that politics In Oregon were
"rotten." and I can well believe It. Per
haps If the people had taken care to make
thm less "rotten." the defect In the law.
if there be a defect, would have been
discovered and remedied long ago. and
there would be today less disappointment
over a prosecution that has failed, and less
censure of the Court through whose de
cision the disappointment has come.
In California, Schraita was indicted fop
extortion under a law which makes it such
an offense to secure money from another,
under a threat to injure his property. The
facts alleged In the Indictment were that
Schmita threatened certain restaurant-keepers
to hold-up their desired liquor licenses.
It has been held by a long and almost un
broken line of decisions that liquor licenses
have the qualities of neither contract nor
property in the absence of statutes giving
them, that character. Such a line of deci
sions has met the approval of the best ele
ments in the community, and has been
necessary to enable the State to exercise
that measure of police power over this
r,rfn which Its nature requires. If these
licenses were not property, the threats of
Schmit were not an injury to property,
and however desirable It may be to send
vim tn San Ouentln. he must be sent on
some other charge or allowed to continue
at large, as so many other moral leper
do and will no until tne peouie tnroupn
v,r.i,- iAistttnrfl enlars-e the scone of legal
nffpnnfs. or still better, until thev learn
to take the same Interest tn municipal elec-
iti. thnt thpv do In the nurlty and Intel
ligence of the courts, and cease to make
Schmltx and Ruef their rulers, in the first
instance. . , . . -
As to the " two cases recently decided by
the Supreme Court of this State, and
Whifh have -riven rise to much discussion.
I can only say that from what I have
lodm f them through the newspaper re
ports, I do not coincide with the view of
the Court m eixner oz mem
the Court will doubtless survlvj but I do
r.i that these decisions embody views
whth Miiid be held by men both able
and conscientious, and do not tn any way
indicate the slightest sympathy with crime
or criminals.
Failures In prosecutions are usually laid
of th doors of the courts, since lt falls to
them to announce the unpopular decisions.
The bearer of bad tidings is never popular,
and whether he is flayed alive or merely
given an editorial "roast," depends largely
on the scale of civilization existing among
Uioe to whom he brines the nws.
It ts an undoubted fact that these fail
ures are often due to the defective legal
equipment or lack of experience of public
prosecutors, and until men are elected or
appointed to prosecute those who are the
peers in their profession of the men re
tained by the "malefactors of great wealth,"
we cannot hope for results greatly differing
from those of the past. To secure this. It
will probably be necessary for Nation and
State to pay fees somewhat commensurate
with those paid by private persons. It will
also be necessary for an elective candidate
to be something more than a good politi
cian and party worker; also for a United
States District Attorney to have had some
experience In the Federal courts, and some
visible Qualification other than that hf is
the friend of a friend of a popular Presi
dent's friend. All of which I say without
bias or prejudice, as I haven't the slightest
acquaintance with any possible candidate
for United States District Attorney of Ore-
ill
OF COMMERCE
Mums Mala 39
Lester Herrick 6 Herrick
3 G
-t 1 1
Certified
rafolic Accountants
Office
Wells Far so Bulldlnc
Oth? Offices
San Franclsoo Merchants Exchanr ;
Seattle
..Alaska Building;
s Angeles
New York..
Chicago. . . .
.Union Trust Building;
30 Broad Street ,
189 La Salle Street '
gon, or, .so far as known, with any of their '
supportera
" 1 - i
An attack upon the character and abll-a
lty of the bench. In general, will havei ;
the most vital and far-reaching effect 4vvn
the' public, both the law-abiding and t.V
law-breaking, an effect that can be nothing j
else than disastrous, unless the attack im
absolutely justified by the facts. An attack. 1
even upon individual judges and courts)
should only be made after thorough inves-1
tigatlon, and based upon undoubted facia. '
If these facts do exUt the attack should J
only cease with the removal of the offenders
either by Impeachment or at the polls. j
It has been said that the people get Just 4
as good a government as they deserve; and j
It may be said that they get just as goocV
courts and Judges as they deserve; even;
though the bench must in the nature of '
things be recruited from the bar, of whom
The Oregon ion is wont to inquire, as dlt
the Jews regarding Nazareth: "Can - any .
good thing come out therefrom?
W. H. SMITH. .
Eastern Mining Stocks.
BOSTON, Jan. 18. Closing quotations:
Adventure 275 iMont. C. &C..$ 1.00
Allouex
32.23 Old Dominion 37.O0
Amalgamated
Atlantic ....
52.37 (Osceola
ia.25 iParrott
91.00
14.M
91-00
, 13. 25
75.25
, 37..-.0
Bingham . . . tf.OO
Cal A Hecla. 607.OO
Centennial . . 27-0
Qulncy
iHhannon ....
(Tamarack ..
(Trinity
Ilhilted Con.
Cop Range., W-7.
Daly West..
Franklin ...
Granby . . . .
9.J.0
7.25
30.00
IV: 8. Mining. 85.00
oo.oo
C S. Oil 10.12'tf
Utah o.2.-
Victoria ..-. 5.2.V."
Winona 5.37
lWolverlne ...128.00 ,
IS. Closing quotations:
Ile Royale.. 23. .
Mass Mining. 4 t-
Michigan ... 12.50
Mohawk .... 67.00
NEW YORK, Jan.
Adams Con,.... 5
ILittle Chief 3
Ontario ... .275 .
Alice 4O0
Breece 15
Brunswick Con- lO
Com stock Tun., 24
pphltr 125
Potosi w 10
savage no r
Sierra Nevada.. 3
Small Hopes.... 10,.,
Standard 140
c. Cv & va 5
Hohj Silver.... B0
Iron Silver 70
LeadviUe Con. .
C. GEE WO;
Ths Well-Knows Old
Reliabls Chines. Boot ;
and Herb Doctor, Cures
any and nil diseases ot
men and women. Csron ,
le diseases a specialty.
No . mercury, poisons.
drags or operstions. ' J
3jk writs for symptom :
7jj7 mans: ana circular.
IP) close 4 cents in stamps.:
CONSUlTATIO FREE. . ,,5
The C. Gee Wo Chines. Medicine Cs,..-:
1t St., Cor. Morrison,
Portland. Or. j
Please Mention This Paper.
FOR WOMEN ONLY
Dr. Sanderson's Compound!
Savin and Cotton Koot fins. -The
best and only reliable) i
remedy for DELAYED PER.
lODS. Cure the most obstin
ate cases in 3 to 10 days, .trice 3
per box, or three boxes $5. Sold by
druggists everywhere. Address T. iU
PIERCE, 181 First st., Portland, Or.
CHICHESTER'S PILLS
rv TnB IHAMOfTB BRAND, v I
Clil-ekM-ter's ViMmt.mi BrmadVl
IMlla ia Kra and ld salilcV
boxes, salcd with Blue Ribbon. S j
Tak. bo .titer. Bur .f roar v ' , '4
rass.t. AskforCIU-CltfEB-TEBIlU
UUMONH BKAND P1I.L. for SSI .
years known ss Best, Safest. Always Reliable
SOI n RY iWior.KT nEpvmHFPF
TKAVELJEKS GDIDB.
PORTLAND RY, LIGHT POWKB CO.
CARS LEAVE.
Xtcket onioe and Mai ting -Room,
First and Alder Streets
FOH
Oregon City 4:00, 6:2, 7:00, T:SV
t 10 8 " 5 U:-Io, :&. 10:30. 11:0, 11:4
X iV 12-15. 11:10. 1:25. 2:00, 2:85. 8:10.
454726. 4:55. 5:80. 8:05. 6:40. T:1S.
7 60 8:25. 9:00. 10:00. 11:00. 12KJO P. M.
Gresham. Boring. Eagle Creek. Esta--Cazadero.
1 alrvtew and TrontilaJ.
6:44, 7:15 P. M.
FOB VANCOTJVEB.
Ticket ottlce and waiting-room Second
and Washington streets. -
A. M. :15. :50, 7:25. 8:00. 8:88.
:1C 9:50. 10:30. 11:10. 11:80.
'p M 12:30, 1:10, 1:50, 2:30, 8:10,
8-50 4:30. 5:10. 8:50. 6:30. 7:05, 7:40,
8:15. 9:23. 10:351. ll:45t
On Third Monday In Every Month th.
ifll ear Leave at 7:05 P. M.
Dally except Sunday. (Dally except
Monday.
CLARK'S CRC18B OF THE "ARABIC"
16,000 tons, fine, large,
T unusually steady. 9 u
O THE ORIENT
February to April 17. 1908.
Seventy days, costing .only 8400.00 and up.
Including shore excursions. 81'EC'IAL FEA
TURES: Maderla. Cadiz. Seville, Algler, -:
Malta, 19 Days In Egypt and the Holy Land.
Constantinople, Athens, Bome. the Rlverla. .
etc TOURS ROUND THE WORLD.
40 TOURS TO EUROPE. ' '
most comprehensive and attractive ever
offered.
F. C. CLARK. -Times Bldg.. New York.
San Francisco & Portland Steamship Co.
Only direct steamers to Ban Francisco.
Only ocean steamers sailing by daylight.
From Alnsworth Dock, Portland. 4 P. M.I;
8. 8. SENATOR, Jan 24, Feb. 6, 17, eto-,.;
8. 8. COSTA RICA, Jan. HO. ,
From Bpear Bt.. San Francisco, 11 A. M.t
8. 8. C'OHTA RICA, Jan. 28.
8. 8. BENATOR. Jan. 31. Feb. 13, 84, etc.
JAs. H. DKWSON. Agent.
Alnsworth Dock. Main 268- n
COOS BAY LINE
' The steamer BREAKWATER leaves PoftV.
land every Wednesday at 8 P. M. trom Oak
street dock, tor Mortn Bend, Marshlleld and
Coos Bay points Freight received- till 4 P.
M on day. of sailing. Passenger far., first- j
class, $10:aecond-class, 87. including berth .
and meals ' Inquire city ticket office. ThlrdJ
and Washington streets, or Oak-strset dock, j
JAPAN CHINA
CHERRY BLOSSOM T1ME (t,
Pour delightful tours from Sen
Francisco, Feb. 11. 23. March
10. 24. Parties limited to 12 , ,.,
members- Programmes on re
quest. THOS. COOK ISSN, 32 Powell St, San Francisco
WILLAMETTE RIVER ROUTE
I t
Steamer Pomona for Salem, Independence.
Albany and Corvallis. leaves Tuesday.
Thursday and Saturday at 6:48 A. M
- nteamer Oregonla for Salem and way tend
ings, leaves Monday. Wednesday and Frlda
at 6:45 A. M.
OREGON CITY TRANSPORTATION CO.
Office and Dock Foot Taylor Street, i
Phon.t stain Mi A 223L . . ,
H3&&,Sn
7T-
nEED 105