TITE SUNDAY OREGOXIAX, PORTLAND, JANUARY 23, 1910.
13
GOFFEEPOIGESFIRf
Position of the World's Mar
kets Is Good.
PROBABLE SHORTAGE TALK
Existing Stocks ot Mild Coffees Much
Smaller Than Usual Wheat
Trade Is Dull Hops
Are' Strong.
An authority In the coffee trade Is au
thority for the statement that conditions
Rovernipg the present growing crops In
dicate a probaoie shortaKe of 3,000,000
bags; this in the face of the Increased
consumption that Is taking place through
out the world should moan higher prices,
for the bean. Receipts at Rio up to
January 12, were 2,638,000 bags, and at
Santos 10,400.000 bags, making a total crop
movement thus far of 13.01S.000 bags.
Trading In the Eastern coffee market has
been rather limited, sales having been
small, but at no time has there be.'n any
disposition to sell. From now on for the
remainder of the season the receipts at
Rio and Santos will amount to practically
nothing. Reports from Santos indicate
that in the absence of offerings at that
point, as exports cannot be resumed be
fore the first of July unless the extra tax
is paid, freight business is practically at
a standstill.
The existing? stocks of mild coffees in
Europe and the United States on the
first of tile month, according to anpther
authority, -were down to 1.500,000 bagn,
whilst the world consumes about 4.00O,
000 hags of this kind of coffee per annum.
A further reduction of these stocks will
take place during the present year, as
the crops of these are again smaller than
the consumption. Europe, which consumes
about 2,750,000 bags of mild coffee per an
num, had on the 1st Inst, a stock of
only about 750,000 bags, which is less than
he carried at any time for many years
past. European buyers Btarted in as
early as last Summer to secure sup
plies of these coffees for forward ship
ment from producing countries, and kept
up their purchases since then. Buyers
In the United States did not wake up to
the situation until very recently, when
they found It difficult to secure any sup
plies at all unless they granted a con
siderable advance. It appears that a
comparatively small quantity will reach
the United States during the current
year.
WHEAT MARKET ITRM BUT QUIET
tmtU California Wake tTp, Not Much Busi
ness Is Expected.
Trading In the wheat markets of tho
Northwest has almost come to a stop.
The undertone of the market is quite
firm, but tho advances in the East and
elsewhere have npt yet affected the Cali
fornia buyers to the extent of sending
them here for wheat, and until they come
there Is not likely to be a renewal of
activity In this section.
Conditions are also unchanged in tho
barley and oats markets.
The local flor market Is steady with
a fair amount of business passing. Flour
prices at Seattle were reduced 20 cents
a barrel yesterday, but this market was
not affected. The decline in the north
was due to the unsittlement caused by
the congestion of grain and other freight
in the Seattle railroad yards. Twenty
flve hundred cars, mostly loaded with
grain, are said to be tied up there. .
Weekly foreign wheat shipments were
reported by the Merchants Exchange as
follows:
This wk. Xst -k. Las! yr.
Argentina ..... R(4.noo 2.".ooo 2.704,000
Australia 2,720,1)00 3.2HO.OOO 2.806.000
India iiRH.ooo
Russia 3.4S8.0OO 2,ors.or0 S72.O00
Danube 448.000 ola.OOO loT.OOO
Local receipts, in cars, were reported by
the Merchants Exchange yesterday as
follows:
Wheat. Barley. Flour. Oats. Hav.
Monday. ...... 72 4 42 4 12
Tuesday ........ 1M .. 9 4 2
"Wednesday . . i 5 s
Thursday as 1 n 4 7
Friday -J5 1 15 4 17
Baturday Kl .. 4 5 3
year ago l." .. 3
Total this week 182 fl Rll fl 4!
Tear aeo 114 0 fS 13 .H
Season to date.7n.14 1124 121! SS2 17S1
Year, ago S8S3 iai'5 077 500 1800
CABBAGE SELUXO AT A HIGH PRICE.
Supply In This State and In California Is
Very Small.
Cabbage is likely to get into the luxury
class if the market' continues to
strengthen. Tho price now is firm at 2
cents a pound with every prospect of
going to 2'4 or 21 cents before the close
of the week. The California market is
very strong and advancing steadily. San
Francisco advices say there is a demand
there from Los Angeles for cabbage,
something almost unprecedented.
A car of celery and a car of cauliflower
are due Monday. Large celery and cauli
flower of all kinds were scarce yesterday.
A good demand for apples, particularly
fancy sorts, has been in evidence ail
week.
Among yesterday's receipts were a car
of Is'ewtons from Rogue River and a car
of Ben Davis apples from Yamhill
county.
Only a moderate Interest Is shown in
the retail trade in oranges.
ONIOX MARKET 18 IX GOOD SIIArE.
fifteen Can Shipped In Past Meek Asso
ciation Price la SI. 15.
Fifteen cars of onions were shipped
out in the past -week, according to the
reports made at a well-attended meet
ing of the Confederated Onion Grow
ers' Association yesterday, of this
total 13 cars belonged to the members
of the association and were sold for
$1.15. Two cars were sold by outsiders
and did not bring this price. As has
been the case ever since ths associa
tion was formed, the members have
been successful in getting better
prices for their onions than growers
outside of the association.
Most of the onions shipped during
the week went to Puget Sound points,
but there has been some demand from
California, as three cars were shipped
recently to Sacramento and four to
Stockton. The market now is con
sidered in good shape.
PRAGGIXO WEEK IX POULTRY MARKET
Eiccs Steady With a Good Shipping and Poor
IvOcal UrmaQd.
The week has been an tmsatlsfactory
one in the poultry market. Receipts have
been rather under the average, yet prices
have shown an easy tone throughout.
Eggs closed steady with a very small
local demand on Front street, but ship
ments to outside points prevented an
accumulation.
The city creamery butter market was
firm, but a good deal of outside butter
was offered. There was a steady de
mand, however, for all grades.
Cheese will be quoted at the uniform
price of 19 cents Monday.
Higher Hop Price Expected.
An impression prevails In the hop
market that business will be transacted
in the coming week at a higher level.
The week closed with the market In
active, because of the refusal of grow
ers to consider offers, but with a plen
tiful supply on hand, some of which
are believed to be an urgent character.
That prices will have to advance or the
market continue in a state of absolute
deadlock "la conceded by alL
Bank Clearings.
Bank clearings of the North.weet.ern cities
yesterd&y ware as follows:
Clcarircs. Balances.
Portland tl.i7n.32t $13.37!
Seattle 2,809.27'.) 502.052
Tacoma 870,112 72.81S
Spckann. 740.523 94.405
Clea-rinEs of Portland. Sea-ttle and Tacoma
for the pa.st week and corresponding week in
former years were:
Portland. Seattle. Tacoma.
101O ......$9,241,710 12.PI)7.712 $5.70S.722
100!) 6.13S.076 7.620.271 4.254.620
l'.ios .".."... 4.822. 001 6,2rt,7O0 3.1S1S.8S0
11107 0.230. 502 7.51!l.(!10 4.471.416
10(10 4.001.477 7.730,812 3..r).-4.0.-0
V0.-, 3. 731,027 4.421.319 2,743.017
3!04 8,0O7,5sO 4.tiftl.627 2.244, 03
1003 3.347,258 5.553,274 2,103,807
PORTLAND MARKETS.
Grain. Flour. Feed. Etc.
"WHEAT Track prices: Bluestem, $1.16;
club, $1.06; red Russian, $1.04; Valley,
51. OS: 40-fold. $1.10.
BARLEY F-eed and .brewing. $2S.6029
per ton.
FLOUR Patents. $6.35 per ' barrel;
straights, $5.70; export. $4.60; Valley, $5.80;
graham, $5.70; whole wheat, quarters, $5.90.
CORN Whole. $35; cracked. $36 per ton.
MILLETUFFS Bran. $26 per ton; middllngst
$34: shorts, $28829; rolled barley. $3233.
OATS No. 1 white, $31.50 ii 32.
HjiY Track prices: Timothv: Willam
ette Valley. $18!20 per ton; Eastern Ore
Kon. $2165 22; alfalfa, $1718; clover, $16;
grain hay. $16(617.
Ialry and Country Produce.
BUTTER City creamery ' extras. 39c;
fancy outside creamsry. 34 39c per lb.:
store. 20(o25c. (Butter fat prices average
liic per pound under regular butter prices.?
POULTRY Hens. ltOloVic; Springs. 15
(filfi'.uc: ducks, 20(i22c; geese, 12 13c; tur
keys, live. 20c; dressed. 2oc.
EORS- Frosh Oregon extras. 3132c
per dozen: Eastern. 23 27c per dozen.
CHEESE Full cream twins, 18Mt19c
per pound; young Americans, 10H2Oc.
rOKK Fancy, llfa'llc per pound. .
VEAL Extras, 12(8.12'4c per pound.
Vegetables and Fruits. -
FRESH FRUITS Apples. U3 box;
roars. $11.00 per box; Spanish Malaga.
$o.."06 per barrel; cranberries. $S9 per
barrel.
POTATOES Carload "buying prices: Ore
gon, 70 !c per rntk; sweet potatoes, 2US2c
per pound.
TROPICAL FRUITS Oranges. $22.75;
lemons, fancy, $5.25; choice, $4.50; grape
fruit $3.504 per box: bananas. &rrf)5e
per pouml; Japanese orangee. $1.051.75 per
bundle; tangerine, $1.75 er box.
VEGETABLES Artichokes. $11.:5 per
dozen; cabbage. $2i?r2.25 per hundred; cauli
flower, $1.75 per loz.; celery. $333.50 per
crate; eggplant. $1.75; hothouse lettuce, $1
h 1.25 box; peas. 10c lb.; garlic 12o lb.;
horseradish. 9'rjlOu per pound; pumpkins.
1 Vi C(! 1 Mt c ; radishes, 25c per doz. ; sprouts.
?iiSc per lb.; squash, 2c; tomatoes, $1.50
(fr 2. 25 per box.
SACK VEGETABLES Turnips. $1.50 per
sack; carrots, $1.25; "beets. $1.50; parsnips,
$1.50.
ONIONS Oregon. $1.50 per sack.
Crockeries, Dried Fruits, Etc.
DRIED FRUIT Apptes, 10c per pound;
peaches, 7c; prunes, Italians, 45c;
prunes, French. 4&5c; currants, 10c: apri
cots. 12Hc; dates, 7VaC per pound; fig, 100 half
pound?, $3.25 per box; oo six-ounce, $1.75 per
box; 12 12-ounce, 75c per box.
SALMON Columbia River, 1-pound tails
$2 per dozen; 2-pound talis. $2.15; 1-pound
rials. $2.10 V: Alaska pink, 1-pound tails.
9oc: red 1-pound tails. $1.45; sockeyes, 1
pound tails, $2.
COFFEE -Mocha. 245?28c; Java, ordinary.
174; 20c; Costa Rica, fancy 1820c: good,
10((fl8c; ordinary. 1216o per pound.
NUTS Walnuts, 15c per pound: Brazil
nuts. 12H'Bl&c; filberts, 15c; almonds,
16(ftl7c; pecans, 1516c; cocoanuts, 90c$l
per dozen.
BEANS Small white. 5c: large white.
4c; Lima. &vc; bayou. 6c; pink, 4V4c;
ren Mexican, 7c.
SUGAR Dry granulated, fruit and berry,
$IU'5; beet. $5.85; exira C, $3.55; golden C.
$5.45; cubes (barrel). $0.15; powdered
(barrel), $6.30. Terms on remittances
within 15 days, deduct 4c per pound. If
later than 13 days and within 30 days, de
duct 6c per pound. Maple sugar, 1518c
per pound.
SALT Granulated, $14.50 per ton, $1.90 per
bale; half ground, 100s. $10 per ton; 60.
$10.00 per ton.
HONEY Choice, $3.253.50
strain-ed, 7c per pound.
per casp;
Provisions.
BACON Fancy, 27c per pound; standard,
Z2c; choice. 21c; English, 20o20fte.
DRY SALT CURED Regular short clears,
dry salt. 1514c; smoked. 16c: short clear
sacks, heavy dry salted, loftc; smoked.
16ic; Oregon exports, dry salted. 16o;
smoked, 17c.
HAMS 10 to 13 pounds. UVio; 14 to It
pounds, 17 He; IS to 20 pounds. 174o: hams,
skinned. 18c; picnics. 13 14c; cottage rolls,
lac; boiled hams. 24 0 26c; boiled picnics.
21c.
LARD Kettle rendered. 10s, 17Hc; stan
dard pure, 10s. 16 Vic; choice. 10s. 15 Vic
Compound, 10s, 11V4C
SMOKED 'BEEF Beef tongues, each. 0cj
drleu beef sets, 19c; dried beef outsides, 17c;
dried beef lnsides. 21c; dried beet knuckles,
20c
PICKLED GOODS Barrels: Pigs' feet,
$13.50: regular trlpo, $10; honeycomb tripe,
$12; lunch tongues. $19.50; mess beef, ex
tra. $12; mess pork, $2S.
Bops. Wool. Hides. Etc
HOPS 190 crop, prime and choice, 20
22c; 1908s. 171ic; 1907s, 11VC per pound.
WOOL Eastern Oregon. 1623o pound;
olds, nominal.
MOHAIR Choice. 25c pound.
("ASCARA BARK :,ic per pound.
HIDES Dry hides, IsfiilS'.ic per pound:
dry kip, 18018Vic pound; dry calfskin, 1
21c pound; salted hides, lo10V4c; salted
calfskin, 15c pound; green, lc less.
FURS No. 1 skins: Goatskins, 15c
$1.25"; badger. 254f50c; hear, fl-i20: beaver,
$6.50fa'8.rH; cat. wild. 75c1.50: cougar,
perfect head and claws, $3 10; fisher,
dark, $7.50 11; pale, !?4.907: fox, cross.
$3iQ5: fox. gray, O80c; fox. red, $34f5;
fox, silver. $3."ig100; lynx. $815; marten,
daik. $812; mink. $3.50 5.50; muskrat.
sea otter, $100 250. as to size and color;
1325c; otter. $2.5004: raccoon. 6075c;
skunks, r,5Sr 80c; civet cat. 10(915: wolf.
$3413.50: coyote. 75c$1.25; wolverine, dark,
$3i5; wolverine, pale, $2(32 50-
LOAN&ARETRAHSFERRED
TJIOSK OF RANKS GREATER, OP
TRUST COMPANIES LESS.
Surplus Reserve or New York Clearing-House
Iustitutions Greatest
Since Last Summer.
NEW YORK, Jan. 22. The Financier will
say :
Following the increase of $12,000,000 in loans
for the week ending January 15, the clearing
house, banks of New York made a further ex
pansion of $20,030,600 in the same Item for the
week ending January 22.
It lnoteworthy chat, while the loans of the
clearing-house banks, baeed on actual condi
tions, t-.ave risen nearly $32,250,000 In a fort
night, the loans of the trust companies of the
city during the eame parlod have decreased
almosn $30,000,000. This would indicate a
transfer of loans from the outside institutions
to the clearing-house banks.
The statement of the clearing-house banks
of Saturday showed, in - addition to the in
crease mentioned, a gain of $9.45,100 in oash,
traceable almost altogether to remittances
from the Interior, and an increase of $26,057 -4iifl
1 In deposits. The gain in surplus was
L.US0.75O above the increase required on the
deposit expansion and the excess reserve rose
to $30,862,400, the highest figure reported sines
the close of last July. '
The tru.t companies end outside institutions
reduced their loans last -week $8,362,100.
Their cash holdings were decreased by $250 -000
and net dep,-Its fell $16,200,000.
The statement of averages of the
clearing-house banks for the -week shows that
the banks hold $30,398,650 more than the re
quirements of the 25 per cent reserve rule
This is an Increase of $8,303,050 In the pro
portionate cash reserve as compared with last
week. The statement follows:
Increase.
Loans $1.200.1190,700 $10,731 700
Deposits 1,213.707,400 23,013i400
Circulation 51,772.300 178.500
Lt-gal tenders 74,Oft8,70O 270 6O0
Specie 250,726.800 13,875!800
Reserve 333.82o.5i10 14,146,400
Re-erve required .... 3o3.426.S50 3.753 350
Surplus 30,:8.650 8.303,050
Ex-U. S. deposits .... 30,822,550 8,406,250
Decrease.
The percentage of actual reserve in the clear-ing-hou
banks today "was 27.52.
The statement of hanks and trust companies
of Greater New York, not reporting to the
clearing-house, shows:
Decrease.
Ians
Specie
Igal tenders ,
Total deposits
. . .f 1.157.AK7.100
. . . l,122.23S.cX
21.03O.vVlO
... 1,222,594,800
$8,362,100
173,400
405.500
1,502,600
lncrea
US. FOR PROFITS
Stocks on the Market to Fill
All Orders
STEEL RISES AND FALLS
Strong Most of the Day, bat a Reac
tion. Near the Close vipes Out
Its Gain Bonds Are
Steady.
NEW YORK, Jan. 22. There was a
disposition to press stocks for sale to
take profits on the stock market to
day. Even where there was a further
rush of buying: orders, they were met
by selling- orders of that character with,
effect on prices.
The coming- dividend action by United
States Steel at next Tuesday's quarterly
meeting- absorbed a large share of
speculative surmise. The rumor that
showed most vitality and persistence
was that an extra dividend in addition
to the one per cent quarterly dividend
would be declared sufficient to bring"
the distribution for the calendar year
up to 4 per cent. The prevalence of
this rumor proved a powerful incentive
to speculative buying of the stock and
carried the prices up to 89, a rise of
7 3-8 over the low price touched in the
slump on Wednesday. The force of this
movement pulled prices up from the
depression caused by the heavy selling
of tho earlier part of the session.
Foreign influences were helpful to
values, the easing money markets
abroad and the increasing satisfaction
of financial London over the course of
the English elections having a bene
ficial effect. The abrupt interruption
to the rise in United States Steel, which
caused the stock to react over two
points, wiping out its rapid advance,
made the closiing tone very unsettled.
Bonds were steady. Total sales, par
value $1,755,000. United States 2-s have
declined 1-8 per cent on call during the
week.
CLOSING STOCK QUOTATIONS.
Closing
Sales.
High. Low.
aid.
47
3
allls Chalmers pf. loo
48 48
-Atrial Copper . . . .
Am Agricultural . .
Am Beet Sugar . .
Am Can pf
Am Car & Foun.
Atn Cotton Oil . .
Am Hd & Lt pf.
Am lee Securi . .
Am Linseed Oil . .
Am Locomotive . .
Am Smelt & Ref . .
do preferred
Am Sugar Ref ..
Am Tel & Tel
Am Tobacco pf . .
Am Woolen
Anaconda Min Co..
Atchison
do preferred
Atl Coast Line
8,2jO
200
1.30O
100
2.010
20O
SOO
40
300
600
11.9O0
900
500
600
84
46
43
793,
66!,
64;ii
42
24
15H
55
95
83
46
43 H
79
60
61 94
42
23 14
loli
64 H
94'h,
43
79
66
63 li
42
23
15
54
94
109'A lOOi I091A
X21H 121 121
137J, 137W 137U
93
3314
51 H 507, 51 Vj
119 118 II8I4
103i
6.700
8.400
600
131
117
131 131
Bait & Ohio 1,000
116 116
do preferred ... ......
Bethlehem Steel . . 10O
Brook Rap Tran.. 11.100
Canadian Pacific .. 5"0
Central Leather . . B.4O0
do preferred
Central of N J
Ches & Ohio 1B.O0O
93
31
74 '
32
73
181
44
180 160 14
43 43
107
WIS
87
60
87 85
63 60
32
Chicago & Alton.. 2,700
cmcago Gt west.
Chicago & N W...
C. M & St Paul...
C, C. C & St L...
Colo Fuel & Iron..
Colo & Southern . . .
do 1st preferred .
do 2d preferred.
Consolidated Gas..
Corn Products . . .
Iel & Hudson -. . x
D & R Grande . . .
do preferred
Ulstillers' Securi . .
90O
32
700
6,000
100
1.000
1,400
159 150 159
149 148 148
9
45 45
60 58
45
C9
81
80
ISO
9,900
600
200
1.S00
151
20
178
45
81
34
" 31
4S
37
155
135
76
149
2i
20
176 177
45 45
500
600
80
34
31
.48
80
84
31
48
37
Brie , 1.700
do 1st preferred . 44)0
do 2d preferred .
General Electric . .
Ot Northern pf ...
Gt Northern Ore . .
Illinois Central ...
Interborough Met..
do preferred
Inter Harvester
Inter-Marine pf ..
Int , Paper .......
Int Pump
Iowa Central ....
KL C Southern
do preferred
Louisville & Nash
Minn & St Louis.
M, 91 P 1 S S M.
Missouri Pacific ..
Mo, Ran & Texas. .
do preferred
National Biscuit ..
National Lead ...
Mex Nat Ry 1st pf.
N Y Central ......
N Y. Ont & West.
Norfolk & West . .
North American . .
Northern Pacific . .
Paciflo Mall
Pennsylvania
People's Gas ....
P. C C & St L...
Pressed Steel Car.
Pullman Pal Car.
200
500
3.50O
1.600
37
155 155
75
15
144
22
58
121
21
14
50
e.200
4,000
.23
59
22
58
9CO
100
l.BOO
IOO
BOO
2X
1.3HO
500
4, (XX)
200
60
25
4l
50
24
40
69
40
14 S
47
138
71
45
73
148 148
47
48
135
70
45
73
137
70
45
72
111
86
2V,
1.300 86 85
3. 4O0
7
OT0
300
4.2X
200
4.400
200
200
400
20O
120 116 119
46
45
97
97
97
SO
8
79
136
33
133
112
98
46
107
137 136
34 34
134 133
112 . 112
98 98
46
197
z46
107
47
Ry Steel Spring
50O
47
47
Reading 38.SO(l
163 162 167
Republic Steel
3,000
iVfn jy 59
do preferred ...
Rock Inland Co
do preferred . . .
St L & S F 2 pf.
St L Southwestern
do preferred ...
Sloss-Sheffield
102
44
85
55
30
74
3.2fO
50O
200
4o0
44
S
56
31
74
43
85
56
SO .
74
500
IOO
82
81
Southern Pacific . . 16,400
131 130 131
Southern Rauway. too
31
31
31
68
36
32
do preferred . .
Tenn Copper
Texas & Pacific. .
Tol. St I, West .
do preferred
70O
69
36
33
40
68
6"S
R
32
40
67
10O
1.000
200
500
67
Union Pacific .... 26.1O0
do preferred ...
IT a Realty
IT S Rubber 400
193 192 192
1)
80
47
89
46
86 a:
46
8ai
XI S Steel 281. 5"0
do . preferred
".loo
90O
124 123 124
TTta n Copper ....
(W Mi 02
va-taro unemlcal.
a. 000
55
22
51
50
T
73
6
I4
22
51
50
75
73
6
54 ts
Wabash 1.2O0
22
PO
50
74
78
6
22
63
do preferred ... 3.2rO
Western Md 1,200
Westingho-ufie Elec 700
Western Union . . . 200
WTheel & L Erie.. 100
Wisconsin Central
Pittsburg Coal . 2,400
Am Steel Fdy 300
TJnited Dry Goods
Laclede Gas 3.000
Total sales for the day.
23
64
107 106 107H
557,800 shares.
BONDS.
NEW YORK. Jan. 22. Closing quotations:
XT. S. ref. 2s reg.lO0N. T. C. gen 3s 91
do coupon ...100
Nor. Pacific 3s. . 74
XT. S. 3s reg 101
..do coupon ...101
AT. S. new 4s reg.114
Nor. Pacific 4s.. 102
Union pacific 48.101 V
Wis. Central 4s.. 94
do coupon . . .114.l Japanese 4s
D. & R. G. 4s.. 96
SS
t Daily Treasury Statement.
WASHINGTON, Jan. 22. The condition
of the Treasury at the "beginning of business
today was as follows:
Trust funds
Gold coin JR71.696.869
Silver dollars , 484.411.000
Silver dollars of 1890. . . . 3,908,000
Silver certificates outstanding... 84,411,000
General fund
Standard silver dollars In general
fund t 6.044.148
Current liabilities 99,012,408
Working balance in Treasury of
fices 21,376,071
In banks to credit of the United
States 36,330.464
Subsidiary silver coin 18,667,22.8
Minor coin 1,108.820
Total balance In general fund.... 79,425,744
Money, Exchange, Ktc.
NEW YORK, Jan. 22. 'Prime mercantile
paper, 4 to 5 per cent.
Sterling exchange weak with actual busi
ness in bankers' bills at $4.S3504.8385 for
60-day bills and at J4.8610 4j 4.8015 for de
mand. Commercial 'bills, 4.S34.83.
Bar silver. 52c
(Mexican dollars. 44c.
Money on call nominal. Time loans slight
ly stronger, 60 days, 4 per cent; 90 days, 4
4 per cent; sl4 months, 44 per
cent.
BAN" FRAN.CISCO, Jan. 22. Sterling on
London, 60 days, $4.84; sterling on London,
sight. $4.86.
Sirv-er "bars. 52c.
Mexican dollars, 45c.
Drafts, sight, 7c; telegraph, 12c
LONDON. Jan. 22. Bar silver, steady,
24 3-16d per ounce.
Money, l(f2, per cent.
The rate of discount in the open market
for short bills Is 2 1-163'2 per cent.
The rate of discount in the open market
for three months bills is 2 1t102 per
cent.
Consols for money. 82 13-16c
Consols for account, 82 c.
Eastern Mining Stocks.
BOSTON, Jan. 22. Closing quotations:
Adventure 'Mohawk . 73
Allouex 50 Nevada .25
Amalgamated .. 83 old Dominion .. 48
Arizona ..Com.. 46Osceola .........159
Atlantic 10tParrot 20
Butte Coalition. 26Qulnoy ......... H7
Cal. & Arizona.. 85 ishannon ....... 16
Cal. & Hecla. . . .650 iTamaraek 65
Centennial 32 fl. S. Mining." 49
Copper Range .. 8:u. S. Oil 39
Franlflin 1U"tah 41
Granny 101 (Victoria 5
Greene Cannea . 10Winoaa 12
Isle Royale .... 24 ! Wolverine 145
Mass. Mining... 8lNorth Rutte ... 44
Michigan 7 I
Dried Fruit at New York.
NEW YORK, Jan. 22. Evaporated apples,
quiet; spot fancy, 10llc; choice, 99c;
prime, 7(g7c; common to fair, fr&'6c.
Prunes nrm; California up to 30-40s, 2
9c; Oregon, 6 9c.
Apricots quiet; choice, 1111c; extra
choice, 1112c; fancy. 12(;13c.
Peaches nrm; choice, 67c; extra choice,
707 c; fancy, 7gSc.
Raisins irregular. Loose muscatel, 43"5c;
choice to fancy seeded. 56c; seedless, 3
4c; London layers. $1.151.20.
Dairy Produce in the East.
CHICAGO, Jan. 22. Butter Steady.
Creameries, 32c; dairies. 25 30c. Eggs,
weak. Receipts. 3438 cases. At mark, cases
included, 242Sc; firsts, 32c; prime
firsts, 34c. Cheese Steady. Daisies, 17g
17c; twins. 16ifj!17c: Young America,
1616c; long horns, 1016c
NEW YORK,' Jan. 22. Butter, unsettled
and lower.
Cheese, firm; unchanged.
Eggs, unsettled ; prices unchanged.
Metal Markets.
NEW YORK, Jan. 22. The market for
metals was practically nominal today in tho
absence of exchangee. ,
Tin was weak at 32:332. 85c. s
Copper quiet: lake, 13.75(5 14c; electrolytic,
13.5013.75c; casting. 13.25g;13.62c.
Lead, dull, 4.67f 4.72c.
Spelter, easy. 6.10S6.25C.
Iron unchanged.
Kew York Cotton Market.
NEW YORK, Jan. 22. Cotton Futures
closed steady. January, 14.50c; February,
14.49c; March, 14.48c; April. 14.55c; May.
14.61c; June. 14.62c; July, 14.61c; August,
14.34c September. 13.200; October, 12.S3C;
November, 12.58c; December. 12.60c.
Spot closed quiet, 25 points higher. Mid
uplands, 14.70c; do gulf, 14.95c Sales, 4533
hales.
Wool at St. Louis.
ST. TX3UIS, Jan. 22. Wool, unchanged.
Territory and Western mediums. 25"Sc
fine mediums. 20rs,24c; fine, 12(ci.21c
SHOWS HEALTHY TOflE
BUT WEEK CLOSED WITH LIVE
STOCK TRADE QUIET.
Cattle, Hogs and Slieep Firm In
Price College Students
at the Yards.
Trade was not brisk at the stockyards yes
terday, but a 'healthy tone In the market was
apparent from the sales. Values in all lines,
especially cattle, are holding their own well.
There have been no fales'of hogs for several
days at the previous high quotations, but the
quality of the recent offerings hae not come
up to the top standard. The sheep market
likewise shows firmness.
Among the visitors at the yards yesterday
were the members of the class in animal hus
bandry at the Oregon Agricultural College,
aocompanied by the head of the department,
Professor E. L. Potter.
The day's receipts were small, only 22 cat
tle. The sales were as follows:
Weight. Price.
IO cows inw $4.25
29 sheep 1 575
31 lambs 81 625
162 hoga . r,l 8.15
98 hogs - 213 9.00
59 hogs 84 8.23
121 steers 1205 5.50
Prices quoted on the various classes of
stock at toe yards yesterday were as follows:
CATTLE Best steers, $5J5.50; fair to good
eteers. 4. 504)4.75: strictly good cows. $4.253
4.75; fair to good cows, $3. 50ftr4 ; light calves,
JofiS.oO; heavy calves, $4&4.&0; bulls, $2.501
8.75: stags. $34.
HOGS Top, $9.109.25; fair to good hogs.
$8.609.
SHEEP Best wethers, $5.50o''; fair to
good wethers. $4.50&5; good ewes, $55.50;
lambs. $5i).6.50. "
Eastern Livestock Markets.
CHICAGO, Jan. 22. Cattle Estimated re
ceipts, 2000. Market, weak. Beeves, 4.103
7.60: Texas steers, J3.80lS4.8O: "Western
steers. J4.O06.0O; stockers and f seders.
$2.90 5.00: cows and heifers, S2.80&4.50;
calves. $0.50(& 1O.O0.
Hogs Estimated receipts. 17.000. Market,
weak to 5c lower. Light. .S.205ji8.55; mixed,
J8.338-63: heavy, $8. 30 8.70; rough. fS.30
SS; good to choice heavy, $8. 451)8.70;
pigs, J7.loW8.15; bulk of sales. $8.45 fi 8.60;
Sheep Estimated receipts. 3500 Market.
steady. Native. 14.00 6.00 ; Western, $4.00(rj
6.0O; yearlings. $.75(i( S.00; lambs, native,
8.258.75: Western, $6.2568.70.
OMAHA. Jan. 22. Catrte Receipts. IOO.
Market, unchanged. Native steers, 4.O0(fi
7.25; cows and heifers, $3.O0(fi'5.25: Western
steers, $3.50(&)6.23; cows and heifers. 2.S0Si
4.40: canners. 2.253.25; stockers and feed
ers, $2,754)5.311; calves, $4.008.00; bulls,
stags, etc. 3.00(5.00.
Hogs Receipts! S800. Steady to lower
Heavy. 8.304j 8.50; mixed. S.258 30" light
S10lS8.35; pigs. 7.00a7-73; bulk. $3.25
Slieep Receipts, 1700. Steady. Yearllniro
$6.5043)7.50; wethers. 5 25(a6.0; ewes. $5 00
6.90; lambs. $7.65 8.65.
?ANSAS CITY. Jan. 22. Cattle Receipts.
500. Market, steady. Native steers. $4 SOU
7.15; cows and heifers. $2.50 6.0O- stockers
and feeders. $3.4OSj;5.20; bulls, $3. 30 5 10"
calves. $3.758.75: Western stoers, $4 OOSi
6.25; Western cows, $3.O0(tr 5.00. '
Hogs Receipts. 8000. Market, steady to
5c lower. Bulk. $8.258.50; heavy SS 50S
8.60; packers and butchers. S8.40SS65
light. $8.15(8.4o; pigs. $6.737.75 vwao'
No sheep.
Coffee and Sugar.
NEW YORK. Jan. 22. Coffee futures
closed unchanged. Sales were 5250 bags, in
cluding March at 6.28c; May. 6.00g5.a5; De
cember, 6.95c. Spot coffee quiet. No. 7 Rio
8 ll-16gc; No. 4 Santos, 9S'9c; mild
quiet; 'Cordova, 9iillc.
Sugar Steady; Muscovado, 83 test, 3.58c;
centrifugal. 96 test, 4.08c; molasses sugar.'
89 test, 3.3c. Refined, steady; cut loaf, 5.85c;
crushed. 5.85c; mould A, 0.50c; cubes, 5.40c
powdered, 5.30c; granulated. 5.15c; diamond
A, 5.15c; confectioners A, 4.75c; No. 1, 4.90c
No. 2, 4.85c; No. 3. 4.75c; No. 4, 4.65c; No."
6. 4.70c; No. 6. 4.65c; No. 7, 4.60c; No. s!
4.55c; No. 9, 4.50c; No. IO, 4.45c; No. 11
4.40c; No. 12, 4.35c; No. 13, 4.30c; No" 14!
4.30c.
Xrothwest People In Sew York.
NEW -YORK, Jan. 22. SpeciaI.)
People from the Pacific Northwest reg
istered at New York hotels today as
follows:
From Portland C. S. TJnna, at the
Alg-onquin; Dr. P. A. Turnler," H. L.
Joslin, at the Empire; M. G. Myers, at
the Hermitage; K. Hart, R. M. Gray,
at the Martinique.
From Taooma A. G.- Dojezy, at the
Seville; A. G. Dempsey, at the Hoffman.
From Spokane G.. H. Rohlles, at the
Flanders.
From Seattle H. Himelhoeh. at the
King Edward; J. Roeene, at the Plaza;
C. Waite, at the Astor; W. L,. Reynolds,
at the Cumberland; M. Malkan. E. G.
Anderson, at the Seville; W. R. Ton
kin, at the Holland; A. B. Houlett, at
the Grand Union.
CABLES ARE HIGHER
Cause an Advance in Chicago
Wheat Prices.
MARKET STRONG ALL DAY
Higher Quotations From Liverpool
and Argentina Coarse Grains
Are . Lower Slump In
January Provisions.
CHICAGO, Jan. 22. In the wheat pit
today a well denned advance at the
start kept its hold upon the market
throughout the .session. Prices during
the day moved over a range of from
hie to c. One of the principal fac
tors In the advance was foreign cables,
telling of higher prices for the grain
in Liverpool and Argentina. May
touched $1.11 and later dropped to
$1.11, closing strong at ?ic higher
than yesterday's final figures, at
$1.111.11.
Corn prices started comparatively
strong, helped by the advancing wheat
market. "Weakness, induced by a flood
of selling orders from the larger com
mission concerns, carried prices down
over a range of from c to 1 He The
close was weak at nearly the low point
of the day, with May c lower than
yesterday, at 6868ic.
Trade in oats exhibited the general
characteristics of the corn market, Ad
vancing early and falling off later.
May touched 48c and fell to 48c,
closing at 4848c.
A noticeable effect of the country
wide agitation against high meat
prices was seen in a marked decline in
provision values. January pork closed
at $20.90, 35c lower; lard at $12.15, 30c
lower, and ribs at $11.52Vi, 42c lower
than yesterday's final figures. The final
prices for May ' products were: Pork,
$21.25; lard. $11.85; ribs, $11.37.
The leading- futures ranged aa follows:
WHEAT.
Open. High. Low. Close.
May $l.lltt $1.11 $1.11 1.11V
July...... 1.0:14, 1.02V l.OlU 1.02
Sept 98Va -98V4 -87 .97T4
COR.V.
May 69 i .69 i .6SV4 .6814
July 68"i .68 -677 .67
Sept 41H .42 .41
MESS PORK.
Jan 21.10 21.10 20.90 20.90
May 21.65 21.70 21.25 21.25
July...... 21.60 21.65 , 21.25 21.25
LARD.
Jan.. 12.27Vm 12.2TV4 12.15 12.15
May 12.02V 12.02V4 11.85 11.85
July 11.92VS ll.2 11.77V4 ll-77Vi
SHORT RIBS.
Jan 11.70 11.70 11.50 11.B2V4
May 11.55 11.55 11.37H 11.37Vi
July 11.45 11.46 ll.37V 11-SiVa
Cash quotations were as follows:
Flour Firm. Winter patents, $5.205.70;
straights. 5.30 5.40 ; Spring straights, $4.65
U'i-'JU: bakers, $3.203.i0.
Rye Xo. 2. 79Vc.
Barley Feed or mixing, 6669c; fair to
choico malting, 7074c.
Flaxseed No. 1 Southwestern, $2.11; Xo.
1 Northwestern, $2.21.
Timothy seed $4.054.10.
Clover $14.70.
Pork Mess, per barrel, $21. 25 21.50.
Lard Per 100 pounds. $12.15 12. 17 Vi.
Short ribs Sides (loose;, $ 1 1.25 11.75.
Sikas Short, clear (boxed), $12.12 V4 S
12.25.
Grain statistics:
Total clearances of wheat and flour were
equal to 239,000 bushels. Primary receipts
were 682,000 bushels, compared with 396,
000 bushels tho corresponding day a year
ago. Estimated ' receipts for Monday:
"Wheat, 14 cars; corn, 180 cars; oats, 93 cars;
hogs, 42,000 head.
Receipts.
Flour, barrels........... 35,600
Wheat, bushels......... 30,000
Corn, bushels. .......... 240,000
Oats, bushels. ......... .147,600
Rye. bushels........... 1,000
Rarley, bushels......... 77,800
Shipments.
16,200
85,500
125,300
. 221,00 0
6.600
1,300
Grain and Produce at New York.
NEW YORK. Jan. 22. Flour Quiet; mar
ket steady, unchanged, with slow trade.
Spring patents, $.V50j5.75; Winter patents,
$.". 405.9O; Winter extras No. 1, $4.60(34.90;
Winter straights, $5.40fl.45; Spring clears,
$4.40lg4.85; Winter extras No. 2, $4.404.56;
Kansas straights1. $4.0O(&o.l5.
Wheat Spot firm; No. 2 red, $1.81 ele
vator domestlo and f. o. b. afloat nominal;
No. 1 Northern Duluth and No. 2 hard Win
ter, $1.25, nominal afloat.
Wheat was firm and higher on firmer
cables1 and light offerings. May closed
$1.18; July. $1.09.
Receipts, 10,200; shipments. 103.809.
Hops Firm; state, common to choice, 1900,
30S35o; 1008, lolOc; Paclflc Coast 1909, 21
20c; 1908, 14(318c.
Hldes-Stcady.
petroleum and wool Steady.
': ' '
uropean Grain Markets.
LONDON", Jan. 12. Cargoes, firmer with
more inquiry; Walla Walia for shipment at
41s.
English country markets Quiet.
Krencn country (markets quiet.
LIVERPOOL, Jan. 22. 'Wheat March, 8s
3d; May Ss July, 8s d.
Weather fine.
Minneapolis Grain Market.
MINNEAPOLIS. Jan. 22. Close: Wheat.
May, tl.l2: July, $1.1R.1.11.
Cash wheat. No. 1 hard, $1.14"3'1.15c
No. 1. Northern, 1.145jil.l4; No. 2, $1.12
1.12; No. 3. $1.1031.12.
Flax closed at $2.23i.
Coin, No. 3 yellow, 60ilglc.
Oats, No. 3 white. 45,c.
Rye, No. 2, 70Vi775ic.
Grain Markets of the Northwest.
LBWISTON. Idaho, Jan. 22. (Special.)
Grain priuoa, unchanged. Quotations at
lumbermens
National Bank
CORNER FIFTH AND STARK STREETS
The Capital Stock of the Lum
bermens National Bank Will Be
Increased From $250,000 to
$500,000
April 1, 1910
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.
L. assures a sanitary and durable street.
It assures conscientious workmanship and best materials.
It assures perfect satisfaction.
, EITULITHIC INSURANCE IS SAFEST AND SUREST.
WARREN CONSTRUCTION COMPANY
. 317 BECK BUILDING, PORTLAND, OR.
prairie delivery points are: Forty-fold, 90c;
club and turkey red, SSc; red Russian, S6c
Oats, $1.30. Feed barley, $1.15.
TAOOMA. Jan. 22. Wheat. hluestem,
$1.17118; club, $1.08; red Russian. $1.07.
SEATTLE. Jan. 22. Milling quotations:
Bluestem, $1.14; club. $1.11; fife, $1.11; red
Russian, $1.08. Export, bluestem. tl.ll;
club. $1.08; fife. $1.08: red Russian. $1.0."i.
No car receipts up to noon. ' Yesterday's re
ceipts: Wheat, 2 cars; oats, 1 car; barley,
3 cars.
Grain at San Francisco.
SAN FRANCISCO. Jan. 22. Wheat
Firm.
Barley Steady.
6pot quotations: Wheat Shipping, $1.92
2.02V4; milling. $1.07Vi.
Barley Feed, $1.37 Vi 1.40; brewing. $1.40
(&1.42H-
Oats Red. $1.5o(9i 1.02 V4 : white, $1.60
1.65; black. $ 1.-50 2.30.
Callboard sales: Wheat, no trading; bar
ley. May. 1.40 Vi (5 bid; corn, large yellow,
$1.75 1.80.
WHEAT ONE GENT HIGHER
BLUESTEM SELLS AT $1.17 AT
SEATTLE.
Large Shipment of Canadian Oats to
Be Sent to the Philippines.
Eggs Go to Alaska,
SEATTLE), Wash., Jan. 22. (Special.)
Wheat, was firmer here today, 50OO bushels
being sold on the Merchants' Exchange at
$L17, a cent advance over yesterday's price.
There was a better feeling all around, and
millers are more disposed to 'buy. now that
prices have shrunk considerably. Rarley and
oats dragged. A Bhlpload of Canadian oais
will reach here from Vancouver. R. C, next
week for reshipment to the Philippines.
Hay is easy, with $22 the prevailing track
price on timothy.
Eggj were barely steady and sold under
yesterday's prices. Most sales were made at
30 cents, although some claimed to be get
ting more. One hundred and fifty cases of
eggs will be shipped North before the mid
dle of next week. These shipments have
helped to keep the market firm during the
last few days. Poultry was scarce, none was
carried over nor were any eggs carried over.
Rutter was firm, but unchanged. Cheese
closed very firm.
Commission men state that there is an ac
cumulation of potatoes. Thirteen cars ar
rived yesterday and five today. These re
ceipts bear out statements recently made, by
dealers that growers would endeavor to dis
pose of a part of their holdings as soon as
the weather moderates. Eastern Washington
shippers are trying to secure $1 advance on
fancy stock and have been successful in a
measure.
QUOTATIONS AT SAN FRANCISCO.
Prices Paid for Produce in the Bar City
Market.
SAN FRANCISCO, Jan. 22. The follow
ing were the quotations in tho market today:
Vegetables Cucumbers. $1(Q1.50: string
beans, nominal; tomatoes, $1(52; garlic, Arii
6c; green peas. 8(gl5c; eggplant. 10(&2Oc.
Millstuffs Bran, $2728; middlings, $340
36.
Rutter Fancy creamery, 36Jac; creamery,
seconds, 33c; fancy dairy, 20c.
Eggs Store, 31c; fancy, 32c.
Cheese New, 17 IS tec; Young Americas,
1820c
Hay Wheat. 1510.5O; wheat and oats,
$1316; alfalfa, $0(&12; stock, $710;
straw, per bale, 50 75c.
Fruits Apples, choice, 75c$l; common,
n065c; bananas, 50c?$3.25; limes. $4((l
fi.50; lemons, choice, $33.50; common, $1.50
(g?2.50; oranges, navels, $1.65(2.50; pine
apples, $2 2.50.
Wool South Plains and San Joaquin, 8(3
10c.
Hops 1925c per pound.
Potatoes Oregon Burbanks, $1.201.30:
Salinas Burhanks, $1.251.45; sweets, $1.50
4l1.65.
Receipts Flour, 3530 quarter sacks;
"wheat, 475 centals; barley, 730 centals;
beans, 2208 sacks; corn, 10 Centals; potatoes,
12,515 sacks; bran. 195 sacks; hay, 801 tons;
wool, 3 barrels; hides, 1440.
PERS0NAL MENTION.
J. C. Mann, of Corvallis, is at the
Ramapo.
Jacob Bauer, a hotelman of Enterprise,
is at the Perkins.
E. C. chesebro, a Hood River real
estate dealer, is at the Seward.
B. G. Rexford and wife. Hood River,
are registered at the Ramapo.
H. B. Kershaw, of Walla "Walla, reg
istered at the Oregon yesterday.
Dr. W. E. ' Carll, Mayor of Oregon
City, Is registered at the Cornelius.
J. Lw Rand, prominent attorney of
Baker City, is also at the Portland.
G. E. Fowler and wife, of" La Grande,
are at the Imperial for a few days.
- Mrs. E. Lee, of The Dalles, Is in the
city. She is registered at the Oregon.
George H. .Huntley, a business man of
Colfax, Wafh., is registered at the Per
kins. J. M. Beake and "wife and Mrs. A. E.
Beake, of Siwkane, are at the Portland.
C. J. Butsoh, of Tacoma, was In the
city yesterday, registering at the Nor
tonia. George H. Burnett. Circuit Judge for
Marion County, is at the Imperial from
Salem.
Mrs. James Geary and Mrs. Freeman
and daughter, of Marehfiekl, are at the
Lenox.
J. C. Moreland, clerk of the Oregon Su
preme Court, is at the Cornelius from
Salem.
Mrs. "W. IB. NefT, "Wife of a Seattle) au
tomobile dealer, is registered at the)
Seward.
Daniel J. Fry and wife, well-known
business people of Salem, were in the
city last Thursday.
Charles A. Retrain, a Portland at
torney, has returned from a two weeks'
business trip to Seattle.
J. B. Butler, an ex-memher of tho
faculty of the Oregon State Normal
School, is at the Perkins.
John F. Stevens, president of the Ore
gon Trunk, has taken apartments at th
Xortonla for the Winter.
R. F. Lytle, a prominent lumber manu
facturer of Hoquiam, Wash., registered
at the Cornelius yesterday.
G. H. Van AJstine, a civil engineer of
Kilburn, Wis., is visiting his father, M.
Van Alstine. at the Lenox.
Frank S. Baillie, a prominent Eastern
Oregon mining man, accompanied by his
wife, is registered at the Portland.
Frederick Varde, the eminent actor,
who numbers his friends here by the
hundreds is at the Portland and will
remain until Tuesday. He is on a lecture
tour of the Pacific Coast.
Mrs. Anna B. Kinney, who has been
associated with Dufur & Co., public
I Ftenographers, has accepted a position
1 with t..e Lewiston Water & Land Co.,
ana leaves ror Lewiston this evening.
Mrs. H. C. McAllister, wife of tho
Master Fish Warden, returned home yes
terday after two months' sojourn in tho
Eapt. Mr. McAllister returned home a
month ago, but Mrs. McAllister remained
In Chicago visiting relatives over the holi
days. Platform tickets are issued by some Her
man railroads for the use of non-travelers
who wish to say goodbye to departing
friends.
1
2 Monthly Dividends
Now belrify paid by one listed California Oil
Stork. You ran invest from $50 up and re
ceive Immediate dividends. Company has
been paying these dividends for years. We
advise the purchase of listed, dividend-paying
California oil stocks. Many of these
listed stocks pay one and two per cent
monthly dividends. By purchasing listed,
stocks you can sell any day you wish. You
can Invest large or small sums. We will
gladly tell you about these listed Ftocks, or
any other California oil stocks. We are on
the ground and operating In all the Califor
nia oil fields. We handle only legitimate
propositions and invite the most thorough
investigation. Write today for list of dividend-paying
stocks and quotations, which
we will send free of charge for three months.
UNCOlvX SIOBTGAtJE & IXAN CO.,
KkJ V bitt ell Bids., Han JPrauclsco, CaL
1
SEE IT
AT
AUTO SHOW
TRAVELERS' GUIDE.
FOR TILLAMOOK
STEAMER "SUE H. ELMORE"
STEAMER "OSHKOSH"
SCHOONER "EVIE"
SCHOONER "GERALD C"
Freight received daily at Couch
street Dock. Sailings every Tuesday
and Friday evening. Passenger rates
from Portland $7.50, from Astoria
$5.00. Telephone Main S6L,
COOS BAY LINE
The steamer BREAKWATER Ka?u Port,
land every Wednely. 8 s. M., from AIds
worth dock, for Mortu Bend. Marshheld and
Coos Bay points. Freight received until 4 P.
M. on day of sailing. Passenger far, first
class. (10: second-class. (7. Including berth
and meals. Inquire city ticket ofnee. Third
and Washington streau ox inawurtb dock.
Chons Aialn 2 OS.