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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View This Issue
THE .SUNDAY OltEGONIAN, PORTLAND, -DECEMBER 3, 1909.
COARSE GRAINS UP
Barley and Oats Markets Show
PRICES ARE ; ADVANCED
Offerings Are liglit and Demand Is
Aftive Local . Pjrpduce Prices
Are Put on a Higher
'JLcvel. " r
A strong -,'market l4,r.efiorted for. oats, and
barley and sales here and at country points
show an ispward tendency In 'prices. Country
offerings are- light; dealers having stocks on
hand are Inclined to"1 hold .out for better prices,
while the demand is reported to be .very- good.
The strength, of the'-,' country markets- - is
ascribed to the -free buying by railroad con
tractors and other large- consumers with the
result that " farmers take fc. very bullish view
of the situation. v -
Sales of oats in the. local market-at '$31.50
were reported yesterday, and most sellers are
now asking $:12. Oats were sold at . Seattle
during the day for 332 and asking prices were
Inter advanced, to. $",2.50. The San Francisco
market for oats 'is also stronger, prices there
having advanced $1.50 in 'the past week. Spot
barley Is quoted In the local market at '"$20.". 1
The wheat -market was quiet, but with a good
undertone. -' No pressure to buy was reported
from any quarter, .but ihe lightness of; sup
plies, especially of the best sorts, prevents
any recession from, former values. ' '
Weekly- foreign shipments ' of .wheat were
reported by the Merchants Exchange as fol
Last week. -This week. Last year.
Russia ....' 6, 04.000... 6,600.000 1,608,000.
"Danube ....... 3IK,000 178,000 . 800,000
Argentine 4:!2.0rtO 12S.000 '414.000
Australia .. 4S.0OO. 2.H8.00O 342,000
India .' 232.00O 312,000
The swltohmen's ..strike has...had ..no effect
on the movement, of graln..to- this market, , but
tiaa sharply- curtailed - the' receipts -at 'the
6ound points. ' The' jocaf receipts, "in ca'rs,
were reported by the Merchants Exchange, as
follows:." - ' - '
-i Wheat Barley "Flour 'Oats Ua'
Monday . M 22 32 14 19
Tuesday 32 2 10 2 13
Wednesday . . . .- ' r,7 in 12 - fi ' 8
Thursday TS 13 11 5 13
Krliiav .- lo 17 5 17
Eaturclav. 3S :: 4 .4 12
Year aco 23 5 . . 7 ... 4 ... J4
Total this week... .1M fio ' 8 3fl ,S2
Year ago 244 63 4" 111 03
Reason to date 0irJ5 flu SS5 612 1404
Year ago 7071 1201 3S3 540 1012
1I1TTER WILL "Oils HIGHER MONDAY,
City Creameries Will Advance the Quota
tion to 39 Cents.
The price of city creamery butter will be
advanced 2 cents a pound Monday morning
to 30 cents. The .supply of .late has been
rather under than- over the .demand, and
with the unfavorable turn the weather has
taken, the production will be still further
decreased. " -
Cheese continues firm under a light supply
and active Inquiry."' '
The egg market Was strong yesterday with
most sales, of- Oregon at 45 cents and. some
dealers Jookjng. for an advance, early in
the w.3k. 'unless weather conditions change
Receipts have fallen away to almost noth
ing." Holders of Eastern eggs are not push
lnsrthefr stock.'- -
Poultry receipts were light and cleaned
up well, the best hens bringing 16 V4 cents.
TONK OF HOP' MARKET- 19 STEADY.
ltwent Purchases by - MeNeff Bros 'Ex
porters Seek Consignments.
The hop market holds at about 23 cents for
'the best, with ev' moderate demand and 'grow-
isrs not pressing sales. The inquiry - is not
.strong enough to bring about any advance.
and it la the general impression that trade
: will continue on a rather light scale through
r out the month, unless there Is some marked
'.change In the export situation. The foreign
) buyers. Just at present, are seeking consign-,
i ments, rather than purchases.
The only buying that came to light yester-
- Amy was done by McNeff Bros?t .""Who pur-v
hasea the Hatrtoro lot of 75 bales at Laurel,
'Ihe Crosby lot of S7 bales at Woodburn, 103
! bales from Jake Miller of W6odburn, anij 200
-tales at Salem. ; f ...
SACK TBGETA BI.K9 ADVANCE.' .-
potatoes and Other Similar Produce 'Quoted
Higher: . .
The snow storm practically "put an end to
trade in the fruit and vegetable line' yen
rterday. Among the, receipts were thre cars
of bananas, and a car each of oranges and
There was .sharp marking . up of prices
in all local produce lines because of - the
cold wave which has ehut off supplies for the
present. ' The jobbing price "of potatoes was
advanced ,to $1 per; hundred' and -unless the
storm ceases may go to $1.25 by Monday or
Tuesday. Onions were firm at $1.50. Car
rots and turnips were quoted at $1 and pars
rips and beets at $1.50.
Pacific Coast Apples in-the' East.
Mall adVlces from New York-' say of the
trade in "Western apples:
Box apples have had a very. moderate call
on all the offerings here, and the general
market covering the better grades has not
been above" $2.75 and $3 per box. There
has been an. occasional sale of Spitzenberg
variety up to $4. per box, With some lots
In the choice selling out at $2.30 per box.
These figures covered the offerings In Far
Western Spitz. The choice stock in other
Western box apples ruled at from $1.60 to
$2.50 per box. 1
Fancy -Bacon Declines.
Fancy' bacon will decline 1 cent a pound
and lard- will, advance half ta cent Monday,
according to 'a new provision list which was
Issued yesterday afternoon.
Bank clearings of the Northwest,
yesterday were. as, follows:-- -
Portland $1,227 771
Clearings of Portland. Seattle
coma for thj past and correspond
of former yeaTS were: - --v
Portland. - Seattle.
1909 $8,730,157 $13,210,524
1908 6.681.418 9-832.662
1907 4.406.1S2 7.715.174
1906 7.332.62.1. 10,109.876
1905 5.233. $.',2 6.647:457
1904.....;. 4.369.737 4.912.334
1903...... . 3.S25.516 4. 134,382
1902 - 3-.438.6Sl 4,382,068
1901 3,544,239 ' 2.972.258
.. PORTLAND' MARKETS.
Grain, Flour. Feed. Etc. -'
WHEAT Track prices: Bluestem. $1 15
club. $1.03; red Russian, $1.01; Valley, $1
Turkey red. $1.04; 40-fold. $.1.04.
BARLEY Feed- and .brewing. $2S.5029
per ton. .-' ' - ,
FLOUR Patents. $6 per barrel; straight,
$4.60; export: 4-4.35; Valley. $5.50; graham.
$5; whole wheat. qTuarters, $5.20. - '
CORN Wholo. $33.50; cracked. $34.50
MILLSTTTFKS Bran. $26 per ton; mid
dlings.. ' $33 : shorts. $28.5029.50; rolled
barley. $29 50lS'30.6O.
OATS No. 1 while. $31.50 33 per ton.
HAY Timothy. Willamette Valley $159
? 19 ner ton:
Eastern Oregorl, J1821; alfalfa,
clover, J15(al6; cheat. $151816;
$15 16. '
$16 16.50 ;
Dairy and Country Produce.
BUTTER City" creamery ' extras. 37c;
fancy outsid-a creamery, 33 37c per lb.;
store, 22 "A (g' 24c. (Butter fat' prices average
lfec per pound under regular butter prices.)
EGOS Fresh' Oregon extras. 43-45c per
dozen; Eastern. 31fr3Sc per dozen.
CHEESE Full cream twins. lS18V4c
per pound: young Americas. 19'3'19'c.
POULTRY Hens, 15 i lfl c: Springs, 15
FDlOc; roosters, OlOc; ducks, 15(S18c;
geese, ll&'12c; turkeys. Uve, ISc; dressed,
22 (ft; 23c. . . .
PORK Fancy. 9 H10c war Dound.
VEAL Extras,." 11 ffp 11 c per pound.
Vegetables and Fruits.
FRESH FRUITS 'Apples. 13 box;
pears, $11.50 per - box; Spanish Malaga.
J77.60 per barrel: quinces. $1.251.50 per
box; cranberries. $91i)9.50 per barrel; -er-slmmons.
$1.'50 per box. ' '
POTATOES1 Buying -prices: Oregon. 50
70c per sack; sweet potatoes, l?4c per
TROPICAL FRUITS Oranges. $2.75 3;
lemons, fancy; $6; choice, $5.50; grape
fruit S3.50&4 per box; bananas. 55a
isr pound; pomegranates. $1.50 per box.
VEGETABLES Artichokes. 75c per
dozen; beans, 10c per pound; cabbage, r "Ac
ne r pound';' Cauliflower, $2 per dozen: celery,
$3.75 4 per crate; eggplant, 1 $1.75 ; ho'
houtfc lettuce. $1.50 per box; peas. 10c per
pdund: garlic, 10c per pound; horseradish.
$1.30 per box: pumpkins. l4lc; radishes,
15c per dozen; sprouts, 8c per lb.; squash,
1H4'C: tomatoes. 75c $1. . "
SACK VEGETABLES Turnips. $1 per",
sack; carrots, $1; beets, $1.50; parsnips.
$1.50. ... '.- ...
' ONIONS Oregon, $1.50 per'sack.
. BACON Fancy. 7c per pound: standard.
22c: choice. 21c: English, 2O20"A'c
DRY SALT CURED Regular short clears,
dry salt... 15 4 c; smoked, 16Ac; short clear
backs, heavy dry . sailed, 16"Ac;.. smoked,
16"e; Oregon exports, jdry- salted. 16c;
HAMS 10 to 13 pounds, 17-Vic;-. 11 to 16
pounds. 17c: 18 to 20 pounds, 17"Ac; hams.
skinned. 18c; picnics, llHe; cottage rolls.
15c; boiled bams. 24025c; boiled picnics,
21c. . '..
LARD -Kettle rendered. 10s. 17 He; stan
dard pure, 10s,- 16"Ac; choloe. 10s, 15V4C
Compound, 10s. .1140.
SMOKED BEEF Beef tongues, each, 60c;
dried beef sets. 19c;- dried taeef outsldes. 17o;
dried beef .insldes. 21c;. dried beet knuckles.
PICKLED GOODS Barrels: Pigs" feet.
$13.50 ; .regular tripe. $10; honeycomb tripe.
$12; lunch tongues." $19.50; mess beef, -extra,
$12; mess pork, $25. -
Groceries. Dried Fruits,. Etc.
DRIED FRUIT Apples. 9-3ic per pound;
peaches. 748c; prunes, Italians, 6V1.&.
6Hc; prunes, French. 46c: currants, un
washed, cases. 9 "4 c; ' currants.' washed,
cases. '.lOcV'.figs white Jancy, 6tf-lb. bdxes.
614c;."da.tes. 8ai8Vjc" . . '. , ;
SAJLMONr-CoJumbla River.. 1-pounrt "tail?.
$2 per dozen;. 2-pound .talis.' $2-95; 1-pound
.flats. $2.10H; Alaska pink, 1-pound talis.
0c; red. 1-pound talis, $1.45; sockeyes, 1
pound tails, $2.
COFFEE Mocha, 24 S2'8e; Java, 'ordinary ;
176 20c;- Costa Rica, fan9y. - 183'20c; gdod.
1818c;. ordinary. 12I6c, per pound.
NUTS Walnuts. . 14 4i 10c per pound; Bra
zil nuts, -12H15c; filberts. .14lS)13c; al-7nond--vl4iii?'ic!;
.chestnuts. OliUv Qo;
cocoanuts, 90c$l per dozen.
x BEANS Small white.' 5i4.c; . large white,
4c;- Lima. 5 c; bayou. 5 '!:" pink. 4 He.
SUGAR Granulated. 6.75: extra C. $5.25;
golden C, $5.15; fruit and' berry sugar,
$3.85: beet. $5.65; cubes barrel), $6.30;
powdered (barrel), $6. " Terms, on . remit
tances within 15 days, deduct o j,er
pound. If later .than .15 days and within 30
80 days, deduct He per pound. Maple
sugar, 15 18c "per pound.
SALT Granulated, $13 per ton, $1.90 per
bale:-half groundi 100s.. $7.50 per. ton; 50.
$8 per ton.
H(?:iEY Choice.. $3.25 131 3.50 per case.
Hops, Wool, Hides, Etc.
HOPS 1909 crop. 183c; 1908 crop,
nominal. J907 crop, 12c; 1906 crop, 8c.
WOOL -Eastern Oregon. 1023c pound.
' MOHAIR Choice. 25c pound.
CASCARA BARK-St per pound. .
HIDES Dry hides, 1819c-.per pound;
dry kip, -IT 18c pound; dry calfskin, 19(9
21c pound; salted hides, 10H lie; salted,
carfskln,-1516c" pound -ea, : .lc . less.
FURS No. 1' skins: --Goatskins, 15c &
$1.25: badger, 2550c; bear. $620; beaver.
$6.508.50; cat, wild, ?5c1.50; cougar,
perfect,. head . and claws, $310; fisher,
dark, $7.50ll; pale. $4.90 7; fox, cross,
$3Q5:' fox, gray. UO80c;' fox, red, $335;
fox. silver. $35lO0; lynx. $815; marten,
dark, $8 12; mink, $3.503 5.50; muskrat.
10ffl25c: otter, $2.S0S4; raccoon. ouf Tuc;
sea ottx. $100250. as to size and color;
skunks,' 55 80c; civet cat. UJl5c; wolf.
$3)8.00: covote. 75c $1.25 :- wolverine, dark,
$3U5; wolverine, pale, $22.50.
HOGS AT A HIGH PRICE
SALiES are made at the yards
Fancy Stock Brings ,a Prfemium of
15 Cents Over the Best Pre
There was a aharp advance in hog prices
yesterday and other descriptions maintained
a strong"posltlon at the yards". Receipts- for
the day were lighter, at 74- cattle. 160
calves and 87 hogs.
-Three.' gaod-sized lots of . hogs, weighing
208 to 226 pounds, of fancy quality, were
sold' at $8.25, ' an advance of 15 cents over
the best price heretofore received. Other
hogs '-not so good' moved at $8. -The best
cows offered brought $3.60 and calves sold
at $5.00. ' '
Shippers at the yards were: J. E. Reyn
olds, of Condon, with three cars of cattle
and calves; Nate Rains, of Athena, one car
of hogs, and P. J. Brown, of Baker City,
-one. car ox cattle.and calves.
' The day's sales wer.e.as follows:
14 hogr. . 223 $8.00
87 hogs.. 215 8.00
10 cows. .1003 $3.65
11 cow. .lOS'J
SO heifers 74S
19 calves. 325
1 steer. 107O
25 steers. 10!:t
3 cows.. 893
4 cows. . 1025
15 calves 162
3.25 1 calf..
3.50 8", hogs.
5 Ou 99 hogs.
5.00 Si hos-s.
59 calves . "07
27 COWS.. 1135 3.5U
Prices quoted at trie-yards yesterday .were
CATTLE Best steers, $4.50-if4.75; fair to
good, $4(-4.25; medium and feeders, $3.50
3.75; best cows, $3.503.75; medium, $3
3.75; common to medium. $2.50(3)3 75; bulls.
$22.50; stags. $2.50&3.5o; .- calves, light,
$5.25 5.50;. heavy,' $44j4-75.
HOGS Best, $8&8.25; medium," T.i50
SJiEEP Best wethers. $4.254.75; fair
to good, $3:7'5y4; best ewes, .2.75i84; "fair
to -KOod. $3.50613.7.5; lambs. $ oft 5. 35.
Eastern Livestock Markets.
CHICAGO, Dec. 4. Cattle Receipts, esti
mated at 400; market, steadv. Beeves, $3.85
(D9.25; Texas steers, -.$3.704.75; Western
steers, $4g17.40: stockers and feeders, $3.20&)
5 15: cows and heifers, $2.105.65; calves,
$6.25 S.50. ....
. Hogs Receipts." estimated' at -11,000; ' mar
ket, steady. Light, $7.70f('8.30; mixed, $7.80
&8.3J; heavy, $7.90fi8.40; rough, $7.90
S.10: gopd to choice Jieavy, $S.10(ii8.40; pigs.
$0.O.V(yJ7.7O: bulk of sales. J8.05'ffl'8.30.
Sheep Reeeiits.-estlmated' at 1500; mar
ket, steady. Native. $2.755.10; Western,
$3 5.10; yearlings. $5.50 it.S0; iambs, na
tKe. $5.25&7.75;. Western, $5(K 7. 76.
'' KA'NSAS' CITY. So.. Dec. 4. Cattle Re
ceipts, 10.000: market, steady Nativ-taers,
$4.7o(g'8.5o; native cows and heifers, $2.50
41.50; stockers and feeders, $3.105.25: bulls.
$2.I104.10; calves, U.SOeTo; Westesn
steers, $3.805.50; Western cows, $2.75 (U)
.50. ....... V .....T
Hogs Receipts, 3000; market steady. Bulk
of" sales.' $7.l0ig'S.15: heavy"."' $S.13 (38:25;
packers and butchers. $S.S.20;. light, $7.G0$$
8.10; pigs, $l!.507.25.
No sheep quotations.
SOUTH OMAHA, Dec. 4. Cattle Receipts
300; market, unchanged."' Native steers. $4
(rf& 2-3; native cows- and heifers. $3(g5 10.
Western steers. $:t.oO'UM".25; Western ' cows
and heifers,- $2.35 4.4-5; earners, $2r2o3.50:
stockers and feeders, $2-S05.25; calves,
3.507; balls.- stags:, etc.. '$2-I54.50.
Hogs Receipts, aooo: market, steady to
strong. Heavy, $S.058.1O; mixed. $S
S.05; light. $7.0OrS.p7; pigs, $0.507.75;
bulk of sales, $88."07.
Sheep Receipts ,100; market. steady.
Yearlings. $5.756.75; wethers. $4 755.50;
ewes, $45; lambs, $6.50 &' 7.65.
Stock Prices Carried to Higher
READING IS A LEADER
Aggressive Operations in United
States Steel Wall Street's Fore-
. cast of the President's Me$T
sage Bonds Are Firm.
NEW. TORK, Dec. 4. The recovery in
prices of stocks today .was carried further
with, gathering force and animation and
with large responsibility attributed to the
demand from uncovered shorts, which de
mand carried prices upward.
The speculative community professed the
usual confidence In its foreknowledge of
the contents of President Taft's ' message
after it had arrived at the . print stage.
The outlines of the coming message, which
were accepted as authentic In brokers" of
fices, had - the- effect of soothing some of
'the apprehensions felt earlier In the week
as to the manner In which topics bearing
on certain Interests would be handled.
Another potent factor in quieting appre
hension on this score is the belief that
great mergers of trust companies are con
templated by the purchase of the Guaranty
Trust Company and the Equitable Life As
surance Society in the Morgan Interests
this week. The pursuance' of this policy
by so eminent a figure in the financial
world is taken to indicate assurance of im
munity from interference and confidence in
the feasibility of financial consolidations.
The . resumption of aggressive market
operations in United States Steel of a con
centrated character was ascribed to the
general confidence engendered' by this feel
ing and had a marked sentimental effect
on the whole market.
Reading furnished an effective leader for
the railroad group and was affected by re
newed rumors of coming increase in the
dividend disbursements. The same influence
strengthened Rock Island nreferred rr,nip
with the fact that that stock's preferred-
cuura in aivjaena rises in 1910 to 5 per
cent, compared with the 4 per cent hlther-
Jteports persisted that the MltA 11
road switchmen in the Northwest was to be
ended- shortly and stocks of railroads im
mediately affected rose vigorously. The
oroauenea out materially at the last
and closed buoyant and verv utiv
The bank statement reported sufficient
loan reduction to scale down the deposit
liabilities and so limit the Inroad upon the
surplus by reason of the cash loss to but
llttie over $1,500,000 both vy average and
Bonds were firm. Tnt.i ,
$3,332,000." United States coupons declined
and the registered per cent In the
uiu.pncv on can ror the week.
CLOSING STOCK QUOTATIONS.
, o , ' Closing
AIlls Chalmers pf. 800 64 54 54
Amal Copper .... 26,600 88 80 87
Am Agricultural 700 46 452 48.
Am Beet Sugar .. 600 484 46 46U
Am Can pf 300 83 83 8314
Am Car & Foun 2,000 734 72 72
Am Cotton Oil . . 1.800 684 6794
Am Hd & Lt pf. 1,600 46 45S 46
Am Ice Securl ... 3O0 26H 26fc
Am Linseed' Oil J4J
Am Locomotive ... 2.100 63 ei Ii 62
..... - iw, .. firfe Wn-
V fr.. ...v. 1 ... ...... ..... ..... 110
Am ,u,ga,r mRef " 2,000 120 119H 120H
Am Tel & Tel 6.4O0 141 2 14o2 14oS
Am Tobacco of 97 &
Am Woolen 2,000 34 33 34
Anaconaa JMln Co.. 60O 49 48 49W
"j A.WV 1 1 1 alH'g
do preferred ... 100 104 1044 104ti
Atl Coast Line ... 200 135 L34 nSiS
Bait A Ohio 1,800 1164 115 liovj
do preferred 9
Bethlehem. Steel .." 300 . . 35 - 34 34
Prook Rap Tran. 12,oo SI 80S, 80
Canadian Pacific. . 3.000 I8014 179? 179
Central Leather . . 8.800 46Vi 45i 45
" 11. ... ..... ..... 10s
Central of N J 3m
nes UMO 6.2O0 87 86 86
Chicago. & Alton.. 1.200 68 68 6s4i
unicago Gt West. 4'K 20 191(6 1!)
Chicago & N W. . 1.5O0 1784 176 178
S: c. c &l.1:: .J:600 ?55
Colo Fuel 4 Iron.. 3.700 51 50 50-v.
Colo & Southern.. 100 67 67 57
CO. 2d oreferred ..... ,
Consolidated Gas.. 18.300 152 150 151 VI
Corn Products .. 1.80O 22 21 21
Del & Hudson .. 40O 1R.1 ifti li -icos
D & R Grande ... S.300 40 40 49
Dlstillera" Securl . . 200 30 36 36
Erie fioo 3314 32t 33:
do 1st preferred. - 700 47 47 47i
-do 2d preferred. 39
General Electric .. 1.B0O 159K 15RU 150
Gt Northern pf .. 11.8O0 143 141 153
Gt Northern Ore .. 11, TOO 81 78 804
inieroorougn Met.. lrf.,nm- f.
12,400 58 57 67
30O lORti 10R 107S.
Inter-Marine pf .. 200 25 25 25
Int Paper . . 14
Int Pump 20O . 51 51 51
Iowa Central ..-.'.:. 1,200 28k 2ft 2Hi
v r, . . . . , . . . .. .
1. -,,(,11,11 .. . uw ' o?s 4:1
do preferred ... t9
Louisville & Nash l.SflO 153 151 152
Alinn St Louis. 300 53 53 52U.
M. St P S S M. 100 134ti. 134 134
Missouri Pacific .. 1,300 71 70 70
do preferred 73 :
Mo. Kan- Texas 2.400 48 47 47
National. Itlsoult .. 1.900 118 117 118
National Lead ..: 1.100 88 88 87
Mex Nat Rv 1st pf ....... . . r.5
N T Central . . '. . v'S, 60O 127 -127 ' 127
N T. Ont & West'. 2O0 47 47 47
Norfolk A West.. K0 94' 94 94Si
X-.. . I. . 1 . ftA A An. 7
i-.,,, vii miirj lit,,, .. l.t rrt nZ
Northern Pacific .. 19.300 144 142 144
Pacific Mall 600 45 45 45V.
Pennsylvania 15.40O 131 129 130
People's Gas 1,000 114 113 113
Pressed Steel Car. "400 "63 82 52
' unman rm x.Mr. ..... 1HO
Rv Steel Spring.. 1.00O 50 50 50
Reading 6S.100 171 19 17O04
Reoubllc Steel ... 1.3O0 . 46 46 46
do preferred ... SOO 106 106 106
Rock Island - Co.. 6.200 40 . 40 40
St L .A S F Z pf. . BOO 59 .tSTJ 59
St L Southwestern 4.400 3.1- .14 34T;
do preferred ... 4.700 77 76 7T
Sloss-Sheffleld 40 89 8S 88
Southern Railway. 3.O0O 31 30 31
do preferred ... 300 69 ooi, 69
Tenn Copper 200 39 39 39
Texas A Pacific.. 100 sr. 35 3
Tol. St L A West 1.OO0 54 53 53
do preferred ... TOO 60 6915 69
Union Pacific 41.90O 201 199 200
l.nno iosh iw io.i
TT s Realty .
TT s Rutiber .
U S Steel ....
mo ri si sin
. . 3.WV K4 rWVi
. .167.400 BO!f, sn qn.i;
l.nno I "4.74 . 154 514
TTtah Coprvr .... l.SOO pniA K014 ko.
Wabasfl 4fin 21V, 21 Jin
do preferred 2, POO 57 fifiA
Western Md 200 43 45 '
tVeptlnKhouse Klec . . x 46
Western Vnkm ... 100 77 T 77"4 77V,
Wheel & L Erie .". R14
Wisconsin Central 49
Total sales for the day. 565.400 shares.
NEW TORK. Dec. 4. Closing quotations:
tT. -S. ref. 2s reg.100 IX T C O SV.S... fit
do - coupon. . . .100 IXorth Pacific Ms. 72
Xf S. Ss reg 101K!North Pacific 4s. ton
do coupon. .. .101 ll'nion Pacific 4s. 102
J S new 4s reg.ll4lWlscon Cent 4s. t4
do coupon. .. 'Japanese 4s.'.... 8744
D & R a 4s 98! "
Kostern Mining- Stocks.
BOSTON, Dec. 4. Closing quotati
Sft iNevada . . . .
4.1 14 lOsceola
12 iParrot . . ...
'2Si!Ouincy .... ...
JO iPliannon ......
,650 (Tamarack ..
57 Tpln 1
Cal & Ariz. . .
Cal & Hecla.
Copper RangV.".'.'. .SOHUT S Mining'.'.".
uaiy west w 1 1' s on
Franklin 16 Irtah
Granby 100 Victoria
Oreene Cananea 12H!Winona .'
Is! Rovale. .... 2. 4 lWolverine .
Mum Mining.... , 8 North Butte..
Money, Exchanjre. Etc
NEW YORK. Dec. 4.
Time loans, dull and steady; 60 days,
45 per cent; 90 days. 4V44 per cent;
six months. 44 per cent.
Prime m-ercantlle paper, 5(fi)5H per cent."
Sterling exchange, firm, with actual busi
ness in bankers' bills at 4. 8410 4.8415 for
BROAD AND BUOYAN
60-day bills, and at $4.87704.877S for de
Commercial bills, $4.S34.S3.
Mexican dollars. 43c.
Bonds Government, steady; railroads.
LONDON, Dec. 4. Bar silver, steady at
23 d per ounce.
Money, 3(&3 per cent.
The rate of discount in the open market
for short bills is 4 per cent; do for three
months' bills, 3 15-16 per cent.
Consols for money, 82 c; 00 account.
SiN FRANCISCO. Dec. 4. Sterling on
London, 60 days, $4.84; do sight, $4.87.
Silver bars. 51 c
Mexlcan dollars, 43c.
Drafts, sight; par; telegraph, 2c.
The condition of the Treasury at the be
ginning of business today was as follows:
Gold coin $873,778,869
Silver dollars 4S0.260.0O0
Silver dollars of 1890 3.979.O00
Silver certificates outstanding... 4S6,200,OO0
Standard silver dollars in gen-
fral fund ; .i.aiu.wi
Current liabilities 110,097,914
Working balance In Treasury
In banks to credit of Treasurer
of the U. S 26.700,672
Subsidiary silver coin 15.755,290
Minor coin 1,141.607
Total balance in General Fund.. 83,956,134
NEW YOKR IS STlXIi DRAWING
FROM THE INTERIOR. '
Gain Almost OffsL3 the Gold Ex
ports to South America Banks'
Position Is Good.
NEW YORK, Iec. 4. The Financier will
IeOTite the continued loss in cash through
gold exports and sub-treasury operations,
which has been a feature of the banking- sit
uation in New York for a number of weeks,
the banks continue to show but email de
creases in surplus reserve, because the liqui
dation in loans during this period nas Deen
The decrease in loans this week, taking the
statement of actual conditions as a basis, was
$10,578,000. and the decrease in deposits, flfi,
053,800. The loss in cash was $5,301,800, but
since the reserve requirements were reduced'
through the decrease In deposits about $3,750,
00O. the reserve was lowered only $1,628,425,
making the present mirplus $9,705,925.
The truBt companies and outside institu
tions. 4n their renort on Saturday, showed the
same features that -characterized the clearing
house- statements. The loans decreased $75.
370,200. cash about $1,800,000 and net de
The tide of money, so far as the interior
is concerned. Is now heavily in the direction
of New York, but the gains on this account
have been more than offset by heavy gold
exports to South Amerca, and also through
telegraphic transfers to the Pacific.
The statement of averages of the clearing
house banks for the week shows that the
banks hold $7.714. R50 more than the require
ments of the 25 per cent reserve rule- Thia
Is a decrease of $1,590,225 in the proportionate
cash average as compared with last week.
The statement follows:
Loanfi $1,102,703,100 $3,374,000
Depofms l,lfiR.ft20.SM 6,052,300
Circulation 52.8S9.SOO 75.700
Tegal tender R0.2O3.7OO l.OM.OOO
Fpecie 230,rB8,4OO 4.422.2O0
Reserve 290.872.100 3,337.300
Reserve required ' 202,157,450 1.748.125
Surplus 7.714.600 i.rW,,Z25
Ex-U. S. deposits ... 7,133,100 1,598,800
The percentage of actual reserve of the
clearing-house banks today was 25.87.
The statement of banks and trust companies
of Greater New York not reporting to the
clearing-house shows that these institutions
have aggregate deposits of $1,226,227,400; total
cash on hand. $140,127,000, and loans amount
ing to $1,188,441,300.
Imports and Kxports.
NEW YORK, Dec. 4. Imports of merchan
dise and dry goods at the port of New York
for the week nding November 27 were valued
at $17,228,228. . -
Imports of specie for the port of New York
for the week ending today were $57,598 stiver,
and $422,404 gold.
Exports of specie from the port of New
York for the week ending today were $3,781,
900 gold, and $1,034.852 silver.
FAMOUS CONTEST ENDS
IiAXD OFFICE DECIDES DISPUTE
Louis Kolilliagen Secures Right to
Valuable Timber Claim After
ROSEBURG, -Or.', Dec. 4. (Special.)
ny aecision--or the United States Land
Office in this city yesterday, Louis
Kohlhagen, of this city, secures title to
valuable timber lands, and a memorable-'
contest has been definitely settled.
The case first attracted public atten
tion when a section of valuable timber
land was thrown open for entry in Jo
sephine County in April, 1908. Imme
diately Kohlhaaren and a number of
local people filed on several claims, but
previous to their filing- the entire tract
was covered by scrip by a man by the
name of Cusick, living in Medford.
Shortly after this, a number of squat
ters set up claims to the land, and they
(the squatters), formed an association
by which they caused the indictment
before "the Federal grand jury in Port
land of Louis Kohlhagen, Joe Gilpin
and L. S. Shipley. The latter were ar
rested, but were all acquitted.
The decision- in the right to posses
sion of the claim was founded on-the
fact that the land scrip was invalid,
and that the squatter on this claim had
relinquished a former homestead for a
monetary consideration, and thereby
forfeited his right, which gave Kohl
hagen the legal right to the claim.
At the contest before the land of
fice in this city last year were about
30 people who were in quest of the
land, besides an equal number of wit
nesses and a score of attorneys, mak
ing in all- about 100 people, there being
three different people after each claim.
BEAU LIEU,. IN ANGER, QUITS
Censured by School Board for Ex
pelling Unruly Pupils.
DAYTON, Wash., Dec. 4. Following a
clash with the School Board over the
management of the school, Superintendent
L V. Beaulieu'. of'! the Dayton public
schools, resigned yesterday, effective im
mediately. The trouble, which began
some time ago, culminated Tuesday in the
suspension and virtual expulsion of Glenn
Samuel and Frank Barclay for unsatisfac.
tory deportment. The parents demanded
an investigation by the School Board and
Beaulieu was censured for stringency.
Beaulieu has aroused the antagonism of
high school students from the first of the
term. Said he: "I want to get out of
Dayton as fast as possible. Every teacher
in the Dayton schools is back of me, but
the board did not consider that. The past
depredations of students have been un
bearable.. Recently the high school boys
plied wood and debris on the front, porch
of my home and the school house was
broken into several times.' I intend to
practice law in Greeceville, Minn."
Superintendent Beaulieu was a member
of the faculty of the University of Idaho
last year. -
The German toy output for 1907 is estimated
at 26,000.000. of which $19,000,000 was ex
ported, and of that total the United States
ana urw Britain took mora than half.
Wheat Traders Do Not Fear a
BUSINESS VOLUME SMALL
More Attention Paid to Report of Ex
tension of Harvesting .'. Opera
tions in Argentina All De
... liveries Are Weak:
CHICAGO, Dec. 4. Although sensational
rumors were circulated on the floor of the
exchange befona the opening, predicting a
general strike on all railroads as the out
come of the situation in the Northwest, the
repprts were given no credence in vtaw of
the more optimistic tenor of news emanating
from the scene of the labor troubles.
Traders, however, were inclined to await
further developments before opening up new
deals,- and, as a result, the volume of busi
ness was -email. The rapid spread of har
vest operations in Argentina inspired more
or less selling all day, which resuitea in
moderate weakness in all deliveries. Cold
weather was the forecast for the Winter
what belt, but this failed to have any
bullish effect, owing to the newly-seeded
crop being covered with snow in many sec
tions. May ranged between $1.05 ana
$1.06 . The market closed only a trifle
above the low point, with May at $1.05.
Absence of shipping demand and an of
ficial forecast of a drop in temperature
throughout the corn belt caused weakness
in that cereal. The market closed almost
at the lowest point, with prioos c to
c below yesterday's close. . '
Oats were moderately firm at the start,
but developed an easier tone early and be
cama weaker as trading progressed. Prices
closed a shade to c lower.
Provisions were, weak and closed 7c to
2 7 y c lo w e r .
Tiio leading; futures ranged as follows:
Open. High. Low. Close.
Dec J1.06VI $1.06?, 1.05 J1.05T4
May 1.05, 1.06 1.05H 1.05
July....... .973, .97 .97-tt .97
Dec .S8 .68 .57 .57
May . .6H4 -61 .60 .61
July .60 .60 - .60 .604
Dec 40 .40 ' .40Vi .40
May 4iVj .42Vi -42V -42
July .40 .40 .40 V -40
Jan. 21.30 21.30 21.05 21.10
May...... 20.55 20.55 20.40 20.45
Jan 12.40 12.40 12.32 12.32
May 11.47 11.47 11.42 11.45
July 11.37 11.37 11.35 11.37
Jan. 11.22 11.22 11.10 11.15
May 10.65 10.66 10.60 10.65
Cash quotations were as follows:
Flour Firm. Winter patents. J5.305.70
straights, $5.10 5.40; Spring straights, 4.70
4j4.au; Dauers, ja.UDigiD.ao.
II v.- Vo. 2. 74 fa 75c
Barley Feed or mixing, 62 54c; fair to
chuioa malting, Suds-bSc.
Flax seed .'o. 1 Southwestern, $1.71; No.
1 Northwestern, $1.S1.
Timothy seed, $3.75.
. Clover $9. 60 14.25.
Lard Per 100 pounds, $13.37 13.50.
Short ribs Sides (loose;, $11.7512.
Sides Short, clear (boxed), J12 a 12.25.
Total clearances of wheat and flour were
eaual to 592,000. Primary receipts were
258,000 bushels, compared with 785, 000 bush
els the corresponding day a year ago. Esti
mated receipts for Monday: Wheat, 26 cars
corn, 431 cars; oats,. 93 cars; hogs. 38,000
Flour, barrels 20.300
Wheat, bushels 87,700
Corn, bushels 538,700
Oats, bushels 230,400
Rye, bushels 8,000
Barley, bushels 78,000
Grain and Produce at New York.
NEW YORK, Dec. 4. Flour Receipts, 27,
000 barrels. Exports, 7300; dull and un
changed. Minnesota patents. $5.355.55;
Minnesota bakers', $4.50-4.5; Winter patents,
S5.35g6.75; Winter straights, S5.2Og-5.30; Win
ter extras, 4.3O4.80; Winter low grades,
S4.204.70; Kansas straight, $4.S50.00.
Wheat Receipts, 136. OOo"- barrels. Spot bare
ly steady. No. 2 Ted, SI. 25, nominal -domes-tio
elevator; No. 2 red, SI. 24, nominal f. o.
b. afloat; No. 1 Northern Duluth, f 1.17.
nominal f. o. b. afloat; No. 2 hard Winter,
$1.18, nominal f. o. b. afloat. The wheat
market was easy under lower cables, favor
able Argentine news and selling by commis
sion houses and on prospects for .the early
settlement of the strike, although December
was firm on short coverings. The close was
c net higher to c lower. December closed
$1.17Vi; May, $1.12; July, $1.04.
Wool, steady, domestic, 3G37c.
Petroleum, steady. Refined. New York,
8.05; Philadelphia and Baltimore, $8.05; Phil
adelphia and Baltimore, in bulk, $4.55.
Grain at San Francisco.
SAN FRANCISCO. Dec. 4. Wheat and
Wheat Shipping, $1.901.05 per cental;
Barley Feed, $1.431.47i4 per cental;
brewing, $1.47 1.48 i.
Oats red, $1.65 1.75 per cental: white,
$1.65 1.72; black, $2.402.65 asked.
Call board sales:
Wheat No trading.
Barley May, $1.52 per cental bid,
$1.S2 asked; December, $1.46 bid,
Corn Large yellow, SI. 75 1. SO per cen
tal. Kuropean Grain Markets.
LONDON. Dec. 4. Cargoes, very quiet and
inactive. Walla Walla for shipment, 3d low
er, 30s 9d.
French country markets," quiet. Knglish
country markets, quiet.
ST. LOUIS, Dee. 4. Wool Dull. Terri
tory and Western mediums, 24 29c; fine
mediums, 2125c; fine, 1220c.
Mlnnea4oll8 Grain Market.
MINNEAPOLIS, Dec. 4. Wheat Decem
ber, $104; May, $1.05; cash, No. 1 hard.
$1.06 1.06 ; No. 1 Northern. $1.06
1.06: No. 2 Northern, $1.04 tt 1.04 .
( Corn; No. 3 yellow, 5758c.
Oats No. 3 white, 38vi3c.
Rye No. 2, 6970c.
Liverpool Wheat Market.
LIVERPOOL. Dec. 4. Close: Wheat. De
cember, 8s 'd; March, 7s 7d; May, 7s
6d. Weather, clearing.
Grain Markets of the Northwest.
LBWISTON, Idaho. Dec. 4. (Special.)
Grain markets unchanged. Bluestem, $1; forty
fold, 90c; club and turkey red, 88c; red Rus
sian, 86c. Oats, $1.25. Feed barley. $1.15.
TACOMA, Dec. 4. Wheat, milling, blue
stem. $1.13; club, S1.02. Export, bluestem,
$1.11; club, $1.01; red Russian, 9il
SEATTLE. Dec. 4. Export wheat, bluestem,
$1.07; club and Fife, 97c; red Russian,
Ilrit-d Fruit at New York.
NEW YORK, Dec. 4. Evaporated apples,
quiet and firm. December, 77c; fancy
new crop, spot, 10llc; prime. 7c; old
Prunes, quiet -but firm; California up to
30-408. 20c; Oregons, 69c.
Apricots, quiet, but firm. Choice, 11
llc; extra choice, ll12c; fancy, .1254
Peaches, inactive, but firm; choice, 67c;
extra choice, 87c; fancy. 78c.
Raisina, steady, quiet Jobbing trade and
prices influenced by reports from the coast;
loose muscatel, 4(??6c; choice seeded, 5
6c: seedless, 35e; London layers, $1.17
Shares in' this company can
be obtained from, us at the
current market quotations
in San Francisco. The fol
lowing quotations closed
the market on Saturday.
F. J. CATTERLIN & CO.
2 Lumber mens Building
5th and Stark Sts.
THE BEST STREET INSURANCE
IS THE BITULITHIC PAVEMENT
It insures against dust, mud and street noises.
It insures against slipperiness and falling horses.
It insures against cracks, disintegration and costly repairs.
Ii, assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
BITULITHIC INSURANCE IS SAFEST AND SUREST.
WARREN CONSTRUCTION COMPANY
317 BECK BUILDING, PORTLAND, OR.
PRODUCE HAY SUFFER
DAMAGE TO ROOT VEGETABLES
BY COLD SNAP FEARED.
Seattle Market Firm at Top Prices.
Another Advance in Lambs
SEATTLE, Wash., Dec. 4. (Special.) Com
mission men fear much damage has been done
to potatoes and other root vegetables by the
cold snap, especially since the cold weather
followed the wet spell. The market was firm
today at top prices.
A car of California grape fruit, which haa
been stalled at Portland for three days,
reached here today. A car of Florida grape
fruit is somewhere between this city and
Billings. There is no lack of produce here.
the day's receipts being 21 carloads.
Poultry dealers advanced the prices of ducks
and geese a cent for next week. Hens cleaned
up, but Springs carried over. Cold weather is
delaying shipment of fresh eggs.
Another advance in lambs is scheduled for
next week. It is said the price will be 11
There was nothing doing in grain. Hay Is
becoming a little scarce. No grain is being
loaded in Eastern Washington points on the
Great Northern and Northern Pacfic, accord
ing to advices received.
QUOTATIONS AT SAX FRANCISCO.
Prices raid for Produce In the Bay City
' SAN FRANCISCO, Dec. 4. The follow
ing prices were quoted In the producs
Vegetables Cucumbers, $1.00 1.25; string
beans, 4ftj7c; tomatoes, 75ciP$l-50; garlic,
46c; green peas, 4W8c: eggplant, 5jc.
sllllstufts Bran. $1:8 60430: middlings.
Butter Fancy creamery. 36c: creamery
seconds, 31c; fancy dairy, 29c.
Eggs Store. 48c; fancy ranch. CSc.
Cheese New, 1718c; young Americas.
Hay Wheat. $14S 19; wheat and oats,
$13i&17: alfalfa. Ub12; stock. fSfrflO; bar
ley. $10Q 13; straw, per bale. 50 70c.
Fruits Apples. choice, 75c&90c; com
mon, &0i5c; bananas. ?5c3.&0: limes,
$44.50; lemons, choice, $3.50r4; com
mon, $1.752.75; oranges, navels, $1.75'a
2.D0; pineapples, $33.50.
Wool Bouth Plains and San Joaquin.
6S10c; Spring Humboldt and Msadoclno.
Hops 202.1c per pound.
Potatoes Oregon Burbanks, $11.10;
Salinas Burbanks, $1.201.40; sweets, $1
Receipts Flour, 4424 quarter sacks;
wheat, 455 centals; barley. 6880 centals;
oats. 1540 centals; beans, 1340 sacks; po
tatoes. 3245 sacks: bran. 433 sacks; mid
dlings, 80 sacks; hay, 630 tons; wool, 63
bales; hides. 1010.
Coffee and Sugar.
NEW YORK, Dec. 4. Coffee closed steady
net unchanged to 5 points higher. Sales
19,250 bags, including December, 6.45c;
March, S.COc; May, 6.7oc; September, 6.80c.
Spot quiet. No. 7 Rio, 88ci No. 4 San
tos, &c. Mild quiet. Cordova 9llVjC.
Sugar Raw firm. Fair refining, 3.81c;
centrifugal 96 -test, 4. Sic;- molasses sugar,
3.56c. Refined steady. No. 6, 4.75c; No. 7,
4.70c; No. 8, 4.65c: N"o. 9, 4.60c; No 10,
4.6Sc; No. 11, 4.60c; No. -12, 4.4Bc; No. 13,
4.40c; No. 14, 4.40c; confectioners A, 5.05c;
mould A. 6.60c; cut loaf. 6.06c; crushed,
5.95c; powdered, 6.35c; granulated. 6.25c;
New York Cotton Market.
NEW YORK. Dec. 4. Cotton ' futures
cloBed steady; December, 14.49c; January,
14.3Sc; February, 14.80c: March, 14.97c;
April, 15.03c; May. 16.19c; June. 15.01c;
July. 15.13c; August. 14.46c; September,
13.34c: October. 12.98c.
Spot closed quiet. 10 points higher. Mid-
-Telephone A 2488
uplands. 14.85c; mid-Gulf, 15.10c.
Imii-y Produce in the Kast.
CHICAGO, Dec. 4. Butter, steady:
creameries, 26 y 32 He; dairies, 2428c
Eggs, steady; receipts, 334 cases: 20Vi:
SBic; firsts. 28Hc; prime firsts. 3014c
Cheese, firm; Daisies, 1614(Q16c: Twins,
16&16ttc;- Young Americas, 1616c.
NEW YORK, Dec. 4. Butter, barely '
Cheese, firm; unchanged.
Eggs, slow, unchanged.
NEW YORK, Dec. 4. No fresh feature de
veloped In the metal situation today and with
both the London and New York exchanges
closed, prices were more or less normal.
Tin, dull, 31.55t31.70c; local dealers quoted
Lake copper 13.2513.55c: electrolytic. 13.12'a
13.37e; castings, 13.0O13.25c.
Lead, quiet. 4.37H4-42i4c
Spelter, easy. 6.1086.30c.
TEH MILLION DOLLARS
PROFIT EVERY MONTH
Ii btinj: made by- those who invest in the
natural resource of Britiih Columbia
Fifty million dollars spending thia year in
railroad building: alone.
Fort George, last great metropolis of
Korth America, im starting- on the line of
GRAND TRUNK PACIFIC transcontinental
railway; at tlje junction of mighty
waterways, navigable hundreds of miles,
making tributary millions of acres of fin
est agricultural land, also gold, silver, cop
per, coal mines and billion h feet timber.
write quick for maps, official data and
Information of fortune-making opportunities
(for small and large investments).
NATURAL RESOURCES SECURITY CO.Ltd.,
412 Winch Building, Vancouver, B. C.
CALIFORNIA OIL DIVIDENDS
Buy listed, dividend-paying- California oil
stocks. Many of these listed stocks pay
1 and 2 per cent monthly dividends. By
purchasing listed, stocks you can sell any
day you wish. Tou can invest large or
small sums. We will gladly toll you about
these listed stocks, or any other California
oil stocks. We are on the ground and oper
ating in all the California oil fields. W
handle only legitimate propositions and in
vite the most thoroujeh investigation. Write
today for list of dividend -paying stocks and
quotations, which. - we will send free of
charge for three monhts.
LINCOLN MORTGAGE & LOAN CO.,
166 Geary at., San I ram-ifM-o, Cal.
DO TOU WANT
Por mining, industrial or other enterprises?
You can get it by our plan.
To sell stocks and bonds
You must reach investors with money.
Don't waste money on brokers.
Get quick results by practical methods.
No advance fee. a commisaion after you re
ceive the money. Send particulars to Post
ofTir Box ir.fl5.- Vv "V'nrk T'itv
Steamer Sue H. Elmore
Will receive freight Couch-street dock, '
commencing Monday, Dec. 6, $3 per ton
general merchandise. Passenger rates from
Portland 7.50; from Astoria 5. Sails every
Tuesday evening. Telephone Main 801.
COOS BAY LINE
Th. steamer BREAKWATER Isstss Port
land svery Wednesday. S P. M., from Alns
worth dock, for North Bend, Msrahneld and
Coos Ilay points. Freight received until 4 P.
M. on day of sailing. Passenger fare, first
class. 910: seoond-class. $7, ' Including berth
and meals. Inquire city ticket office. Third
and Washington street, or Iniworth dock.
Phone Mala 2U