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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Dec. 29, 1912)
BEST WHEAT SCARCE
Bluestem . Supplies Diminish
and Prices Move Up. '
SALES MADE AT 85 CENTS
Other Sorts Are in Less Demand,
but Farmers Are Not Offering
on the Market Oats Are Sell
ing at Better Prices.
Interest in the wheat trade at the
present time center in bluestem.
which, because of Its scarcity, is bringing-
steadily advancing prices. It is not
known Just how much is left in the
country, but the Quantity is small and
may not be sufficient for milling re
quirements during the remainder of
tha season. Whatever the amount Is,
it is in strong hands and top prices
are asked for it- Bluestem sold on the
Sound yesterday at 85 cents, which
makes a 5-cent spread between it and
club and the spread is almost certain
There was some demand for other
sorts of wheat, particularly for forty
fold, but there were few sellers. Forty
fold was quoted at 81 cents, club at 80
cents and red Russian at 78 cents. The
continuance of the demand, aside from
that for bluestem, depends largely on
the state of the export flour trade.
December barley was firmer at San
Francisco, closing at $1.38. The shorts
are believed to have got from under
and the big deal is now practically
over. Grain men will watch the game
there during the two last days of the
year, but they do not look for fire
works. Locally the barley market was
eaav and dull, with $22.50 S23 quoted.
There Is a steadier undertone in the
oats market. Sales were made here at
Local receipts. In cars, were reported
by the Merchants' Exchange as follows:
Saturday ... 3
Yar ( M
Total this w'k 391
Year ago 30
Pa'n to data. 10.914
year apo .... 8001
TWENTY CENTS PAID FOB HOPS
Motion Crop Is Taken by IjTealey at This
Price Foreign Conditions.
The Molson crop of 227 bales of hops
at Rickreall was sold yesterday by A.
J. Ray & Son to T. A. Uvesley & Co.
at 20 cents.
Thera was a strong demand, not only
for the best hops, but for the lower
grades as well. Practically every dealer
was in the market with orders. Few
growers were offering, and dealers'
hops were also held firmly. The
natural course of the market is up
ward, and this tendency may assert
itself after the turn of the year.
English mall advices say of the Lon
don hop market:
"There Is a brisk demand for Eng
lish hops, and as a result prices are
hardening, though slowly. Quotations
this week are from 5s to 8s per cwt.
abovo those recently prevailing, and
there is a general feeling of buoyancy
about the market. Continental mar
kets are reported quiet, mainly owing
to the fact that the remaining stocks
are not of first-rate quality. Much dis-
appointment is ren s"1 " w -
quality of the Pacific Coast hops, a
large proportion of which proves to be
damaged by vermin blight. At Wor
cester on Saturday growers were ask
ing more money, but buyers were not
inclined to give any advance except
in special cases, so that not much busi
ness was done.
London hop factors' circulars say:
Wild. Neame & Co. The firmer tone
noted in our last report has prevailed
during the week, and there has been a
further clearance of hops of all de
scriptions at current rates.
Manger & Henley The market has
shown more activity during the past
week and a considerable business has
been done. There Is a much better
W. H- and H. Le May There has
been a further great clearance of hops
during the past week. It is evident
that the prices now ruling have caused
consumers to stock up. The remaining
few parcels are held very firmly.
MOHAIR PRICES ABB HOLDDO STEADY
Small Trade la Fall Texas the Boston
Only a moderate trade is reported in
the Boston market on Fall Texas mo
hair at fair prtces named a week ago.
Supplies of foreign hair ara practically
nil in this market and there is little
otherwise to be said.
In the English market, the sltua
.i .i n., uniiul with that here.
business being perhaps on a little more
extended scale out tor hiuu-iu-oj.-lota.
What business .has been done
was for Capes. Turkey hairs being
absolutely neglected. Exports of mohair
yarns have been far from satisfactory.
i llttlo indeed, while
the quantity being sent to Germany is
reported as only mooeraw. , ,
ith.ninv the war In the Bal
kans, holders of mohair in Constanti
nople have been very nrm in uk
Ing prices and it is said that no con
cessions have been obtainable. Hold
ers evidently believe that the war will
..,1 nnA that at Its con-
elusion a considerable quantity of hair
will then be movea.
t . v. rnn hualnesa has not been
heavy although there have been no ac
cumulations there and holders are dis
posed to ask more money for their
XXX' A L EGO 8CBPIX9 IS WORKED OFF
Small Beoelpte and Sharp Demand Make
Better Poultry nicee.
wre cloarlv cleaned up on
Front street at the end of business
yesterday. Candled Oregons brought
There was an active demand lor
poultry and. wltn very limited receipts,
.-i-.-. wr firm all alone: the line.
Dressed turkeys sold at 27 h. cents and
live turkeys at z ana &o cents. v. int.-
kim 14 and 14 U. cents. Geese.
particularly, were wanted for the New
Years trade, out lew were av&uauie.
Live reese sold at IS cents and dressed
Dressed meats were also in small
supply and were steaay in priut.
Conditions were unchanged in the
butter and cheese markets.
CALIFORNIA VEGETABLES SCARCE
Celd Weather in South Stops Shipments.
Last Car of Northern Oranges.
There will be a temporary scarcity
of celery and bead lettuce for the New
Tear's trade, owing to cold weather In
the growing sections of Southern Cali
fornia. Cauliflower is also decidedly
scarce for the same reason.
The orange market is firm with light
"receipts in sight. A car of Northern
i - Af.n0' Ik due Mondav. and
that will wind up shipments from that
part of U.J state.
v. th iiminl Saturday trade,
with a fairly good cleanup in all lines.
POOR OCTLOOK FOB POTATO SHIPPERS
MarameBt of Onions Will Begin In Small
Way After Tvra of year.
Potato shippers can see no bright
spots on the trade horizon. There Is
no demand at all from the California
cities, and the Southwest is supplied
by Idaho and Colorado, which have the
advantage over Oregon in lower
freight rates. To compete with those
states Oregon shippers would have to
buy from farmers here at 2a or ao
cents a sack. All the Western states
had large potato crops, and there is no
outlet for the Oregon surplus. Tne
only possible opening In the future
would be a cold snap, that would stop
shipments from Colorado or Idaho. This
would cause only a temporary shipping
The onion market Is also dragging,
but after the turn of the year it is
probable shipments to California will
begin, and the north is also expected
to be in the market for a few cars.
Bank clearings of the Northwestern cities
yeaterday were as tow.: BaIance.
Portland "J-J&IS llu
Seattle 63S57T 32,065
Tacoma IsS'oM SoiTi
Sta"?BR; 'of 'Portland. Seattle and Tacoma
for the past week and corresponding week in
JS1 ::::: 2.6ss 10.120,400
IK? fc&iS : j
1SS :::::. :&fg f$:g t?A
ftrsln. Floor, Feed, Et
WHEAT Track prices: Club. 80c: blue-
tem. 84c; o-loia, o; re u
ley. S4.3U; armom. fv,p
4n2'Ri.RTFeed. $22.50 23 per ton; brew.
to nominal; roUe oSl
. . o r-n ntr ton:.
mills i trr u unui. t .
shorts. 24.BO par ton; middlings, $30 par
ton- ,.,, 11T018: mixed
Eastern Oregon timothy. $12 15; oat and
vetch. $12: alfalfa. $11.50; clover. $10. ,
traw. $jT. oa T
OAT 3 aSa x wmio, t.v -
Vrretable and Froita j
nnT'lVO A rnU PWV" (J? 11.50 TjCf
rntan r i-v - . -----
w T-a4 tn nav hnl 1 KTUVMM.
$1.60 per box; Malaffaa. $8 per b
$2.50 per dozen. 1
Mrra T.vki.. nrioo. "Rurbanks.
fJ l A 1 VEiC iuuuiua " "
60B5c per hundred; iweet potatoes, 2c
$2.2583.00; Florida, $4: JP?lvg.
bunaie; taiiiorn.. gyy. l '
laa rraperruii, .4.-0, r
box; plneapplea, 60 per pound: pomegran
ltea. $2 per box: peralmmona. $1.75 per box.
tangerine.. S2.25 cer box.
ONIONS Oregon, ducqxi per c
c . rv .icf rrr t: 1 TnrnlmL 75c tier
CAVA . I . J 1 . -
....u armta T.nn nr sack: beets, too per
sack; parsnips, 73c per aack.
VEGETABLES Artlcnoxes. ii.i p"
dozen: beans. 12c; cabbage, lc per po""'':
cauliflower. $2.25 per crate; celery, $J.OO
per crate; cucumbers, 30 60c per down;
eggplant, 10c pound; head lettuce, $1.506 2
per crate; pear., vKl ' r
. ,. . Hj;.h. 1 -?r ?iV ner dozen:
1UU per jvuuu, -j -
sprouts. 7c; tomatoea, $1.35((jil-' J per box;
garlic 08c per pound.
Dairy and Country Produce.
TiC.as Fresh locals, candled, S214o per
dozen. . . .
CHEESE Triplets, 19e per pound; dais
ies, luuc: Young Americas, 20 VtO per
WL'TTrilt Oregon crciuoij " .
37V4C per pound; prints, 38 i 39c per
POULTRY Hens, 14014c: nroncra, "
14Hc; turkeys, live, 2425c; dre-wed.
choice, 27Vc; d-jcka, nominal; geese, ltfc
ruKi r ancy. " 2 1
VEAL, Fancy, 13 !a to 14c per pound.
tails. $2.25 per dozen; half-pound flats,
1 .. . - o j r. . iiQ.Ua ftink.
.x-u oofl-fuuxu ' " . " :
one-pound tails, 85c; silversides, one-pound
tans, si. 20.
COFFEE Boasted, in drums. 24 40c
HONE I CnOlCS. I4.-D1ffd.ia per vmo.
1.1..0 nr.imi,. lfi, ni nniinil: Rrazll
nuta. 12V415c; filberts, 1413c; almonds
18c; peanuts, rt o c . crcuauuw,
per dozen; cnfcstnuta, llo per pound; hick
ory nuta. 6 (it 10c: pecans, lie; pine.
BEANS Small white, B.40c; large white.
43c; Lima, 6Vie; pink. 4.70c; Mexicans.
5c: bavou. 4.65c
el's, a o 1T,1 anil hrrv XX 7.i TTonOlUlU
plantation, $5.70; beet, $5.55; extra C, $5-25:
powdereu. barrels, o; cuoo, orri-,
8 ALT Granulated, $14 per ton; half
nmmH milt 110 ner ton: 50a. $10.75 per
ion ; u 1 1 j . . v vss
KICJS NO. 1 japan, owdnc,
grades, 4nc: oouiaern aemu, o-vo.
DRIED FRUITS Applee, 10c per pound
Italians, 8610c; silver. 18c; figs, white and
black. 644 97c; currants, c; moiu.
Muscatel, 614BTV40; oieaun.Q, i"
...... 1. 1 - v. .. oiiiian,, Sllr? seeded.
lino; iiu " - -. .
7H8lc: dates, Persian, 7 He per pound;
fard. si.oo per oox.
FIGS Twelve 10-ounce. 85e; 80 6-ounce.
SI 85- 70 4-ounce, $2.25; 80 10-ounce. $2.25:
. wn . Knvaa R U- Htl f - SmVma.
IWWf, BVPWUliu 1 " ' . ' "
boxes, $1.1U61.33; candled, 16 18c.
mire ah 18K319Vc: denies.
13c; akinned, ISftc; Donea,
BAVUA ancy, .iv-ou, -
LARD In tierces, choice. 14 fcc; com
pound, 9 He. .
DRY SALT at ca 1 2 neguii
i.u . k -. mUn4 .1... hnlf. 12 to 1A lot..
I! -Kr, h,i-k is to 25 lba.
13 rl-e; export., j.c; pm,
mess beet, $13; extra plate beef, $17.50; plate
bAKKt.l.r.11 DWt V'. f"' r T ,
brisket pickled pork, $23.
Hope, Wool and Hldea.
vnT loi2 rroo. nrlme and choice. 170
20c per pound.
ppits Dm. lSUllc: butcher. 1101.35;
anon wuwi. i w jviv-
WOOL tastern uitrou, i t v
pouna. tccomiui iw , ' - - i.
22 He per pound. . .
HIDES Baited hidea 12c per pound.
. . . . , . I . - . 1. n ItAlln. VHttH
salted can, io; HIo nw, rf w
bides, lie; dry hides. 22tf23c; dry calf. No.
1. 23e: No. 2, 20c; salted bulla, 8c
CASCARA Per pound, 4tt4c; car loU.
JJnseed OU and Turpentine.
LINSEED OIL Raw, barrels, S0e; boiled,
barrels, 52o; raw, cases, 5ic; boiled, cases.
OIL MEAL Carloada, $37.60 per ton; less
TUKre.1, miiw ,!' . vim
than carioaus, i,v uw
BAN FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vece-
tables, Frnlt, Ete.
kaM p-raNCISCO. Dec. 28. -The follow
lng produce pricea were current here today:
Pri,it ADolea choice, 60c; common, 40c;
Mexican limes. $44j'4.50: California lemons.
choice. $5.o0; common, ai.ou; nvw uu.
$1 25&2.&0: pineapples .oo.
Cheese Young America, 16 17a
Butter Fanoy oreamary, 84a
tt stun. 27o: fancy ranch. 34c
Hay Wheat. $23e34; wheat and oata
$21 22.50; auana. - w
nrron Burbanka nominal: 8a
Unas Burbanks, $1.101.25: sweets, $1.85
VeseUbles Cucumbers. $1.50L75; garlic.
2o- green peas, t10c; string beans.
I020c: tomatoea. 60c$l; eggplant, 47o;
oniona 3545c ,
Receipts Flour, 1800 quarter sacks;
wheat. ti v ceniai", LJIX' " ' " -oats,
80 centals: potatoes, 3125 sacks; wool
Chieace Dairy Produce.
CHICAGO, Dec. 28. Butter Steady,
"esTeVT "receipts. 2419 eamS trash
receipts. 21i4c; ni
CheeiFirm: daisies. iH 17c: twins.
16"n J 1U Vac; lours aihtti ,m,
long horns, 16 if 17c
NEW YORK. Dec 28. The metal mar
.. ". j..n nraftlcally nominal.
Lake and electrolytio copper. 17.62 V,
17.87c; casting, n.-ow n.i
.,- i . at 1 mi t K
- .. . n oa Tl.tnl QtKHllV "TV T-
rltory and Western medium. 21 -5c; fln
TWal.srK f Jwnkfwl Market.
DULUTH. De. 28. CIom: : Linseed, on
track and to irnva, ti. "vvh";'
$L23 bid; January. $1.2314 bid; May,$1.26V,,
TIIE SUNDAY OREGONIAX, PORTLAND, DECEMBER 29. 1912.
BEARS' WORK EASY
With No Demand for Stocks,
Prices Are Forced Down.
STEEL WEAKEST FEATURE
Canadian Pacific Declines on Sell
ing for Foreign Account Par
tial Recovery Before the Close.
Banks Gain in Cash.
NEW YORK, Dec. 28. After a week
of colorless trading: and stagnant mar
kets stocks moved in a definite way
today and quotations were depressed Jn
all quarters of the list. Trading be
came more active, following a feature
less opening, with the impetus coming
from the bear factions. There wa no
demand for stocks and the bears were
able to make headway on compara
tively moderate offerings. Most of the
prominent issues were depressed a
point or more, with a partial recovery
before tne close. in muo..
Steel was a depressing influence and
..m.i, nf rnoAiiiin Pacific from
abroad affected the railroad list
The expected gain in casn oy mo
1 1. Ba -tmnrt ari In. tldaV'S State-
onuoa wio i-"" - --
ments, which revealed an Increase in
the actual table of nearly $5,000,000, an
amount in excess of estimates. There
was. however, a decrease in cash re
serves of $1,744,000.
Some Indications ot xne more cuu
servative feeling in trade were con
i. i.n 4n vi wmviv reviews. The
holiday trade was described as of rec
ord size, but a slowing down oi new
I .arla4n lined wfLft noted. In
general, howeuer, the trade situation
remains satisfactory in volume.
The bond market was under moder
ate pressure. Total .sales, par value,
$886,000. United States 2s coupon ad
vanced hi. the Is registered and 3s
coupon it on call on the week.
CLOSING STOCK QUOTATIONS.
Reported by J. & Wilson & Co.. Lewis
OpniHlghj Low (Close
Amal. Copper Co...
' v '
55 5 5 54t! 54U
21 281 20
Am. car at j? cum,
Am. Ian, com. ...
do nreferreu ....
Am. cotton Oil, com.j
Am. Loco., com.
Am. ,;ugir, com.
Am. SinelL. com.
72i 72V4I 71141 72
do preferred .'.
Am. w'ooien, com..
a Mining Co. 3tt 3tt, 3VI
, com. :10o105V10o 105
a. & u.. com.
Brooklyn hald Tr...
CanaO.an Fac, com.,
central Leatiier, c . .
C ac J. W'., coiu.....
48 48 46i, 47k
2 2HI H1HI
ibd ,25 tt 257 ! 2&8
2o, 28. 2bS
iii I si i aovil auv.
1 i6 Vs , 1J6 tj ;135 Vk lo n
do preferred ......
C M. St. P
c. A i. v .. com.....
Chesapeake & Ohio..
Colo. Kuol & iron, c.
Cole South., com....
ConaolmaLed Gas ....
Corn Products, com..
Denver Klo G e.
do preferred ......
Erie, , emm n
do d preferred. . . .
do 1st preferred....
lit. North. or3 lands..
Ot, .Nor to., pfd.
ice becurmcb .......
xntoruroan M-at.. c.
do preferred ......
vansia ci'.y South. . .
Louisville A Nasuvillej
141 1 141
M., St. V. t. B. .
M-, K. A T., com ,..
do preferred ......
Missouri Pacilic ....
Mew lork Central ...1108
N. Y.. onu West,.
Nor. A West., com...
Northern Pacific, com
Hnmllc .Uail . S. CO. .
P. u.. L. & Coke Co.
Preued Steel Car, e.l
do preferred ......
do 2d pref.
do 1st pref.
Rep. Iron A Steel pfd
Hock Island, com ...
St. L. & a F., 2d pf.,
do 1st pref
Southern Paciflc, .com
southern Railway, c.
do preferred ......
Texas & Paclflo ....
Tol.. St. L. A W.. e.
do preferred ......
Union Pacific, com...
do preferred ......
U. S. RuDber. com...
U. 6. Steel Co.. com.
Virginia Chemical ...
Western Union TaL.
Westlnghouse Elec .
Total shares, 114,100.
Reported by Overbeck Cooke Co.,
of Trade building. Portland.
Amer Tel & Tel conv 4s 110
American Tobacoo 4 9
American Tobacco s r?M
Atchison seneral 4a ,x2S
Atchison conv 4a S,
Atchison adj 4a stamped ,8I5
Atchison conv 5s 103
Atlantio Coast Line cons 4s.... 95
At coast Line "L Ncoll" 4s. 92
Baltimore A Ohio 8a 91
Baltimore A Ohio 4s 91
Brooklyn Rapid Transit 4s 82
Can Southern first 0s lp
Chesapeake A Ohio 4s 99H
C B A U een mtr 4j 94
C JJ et W joini
C B A Q HI" 4s
44 uenver 4s. . . .
Central Paclfio first 4a,
Chicago at n.ast mm ......
Chicago R I A P ret 4a
Chicago R I P Col trust 4s..
Colorado Southern first 4a..
Denver A Rio Grande 4a
Del A Hudson conv 4a
Rria rlist cons P L 4s
int Met 4a ,
Japanek first 4s
Jafanete aecond 4s
Louisville A Nashville uni 4s..
Jdo Kan A Tex 4a
Missouri Pacific 4s ,
New York Central 3s
New York City 4a of 1937...
Norfolk A Western 4s
Norfolk A Western conv 4s..,
N Y Ont A W 4s ,
Northhern Pacific P L 4s....,
Oregon Short Line 4s
Oregon Ry Nav 4s ,
Penna Ry 4s of 1948
Reading general 4s
Republic of Cuba 8s ,
Southern Pacific first ref 4S..
Southern Paciflo col 4a
Southern Railway 4s
St L A B F ref 4s
Union Pacific first 4s........
Union pacific conv 4s
. - r . 1 , ... Am ,
United Statea Steel 8 " Bs 100
United States 2s registered. ... .101
United 6iate 3j coupon 101
United Statea 8s registered 102
United States 3a coupon 10?it
Cnltea siaien is rewwi5
United States 4a coupon. .113
United Railway S F 4s
Wabash first 4s
Western Union 4s
Westinghousj conv 5s.
Western Paciflo 6s
Wisconsin Central 4a.
West Shore 4s.....
Condition of the Treasury.
WASHINGTON, Dec. 28. The condition
of the United States Treasury at the begin
ning OI Duaiiit-M wu.j
Working balance $ ?.437'???
In banks and Philippine treasury 32.702.140
Total general fund 141.197.164
RciAints vcaterday ............. 1,840,, 10
rkiNhursementa . 2.746.1o0
The deficit this fiscal year Is $2,816,9tt4
. -.,:. , rOI tza 7A In., wmap
kk ng&inkl UC1IL1L u. ,.u,.uu,u,v ' - - J
The figures for receipts, disbursement
and deficit exclude Panama Canal and pub.
11C UCOl tuow. .......
SAN FRANCISCO, Dec 28. Sterling; on
London oixty aays. 101, . nl6"', . "
Xrafu Sight, 2ei telegraph. 5c
n n. Tla .llv.P .f
28 15-16d par ounce; money, 84 pel
cent. The rate of discount in the open mar
ket for short bills is 4 15-16 per cent. Ths
rate of discount in the open market tor
three months bills Is 4 13-16 per cent,
NEW YORK, Dec 28. Close: prime mer
cantile paper, 6 per cent.
Sterling exchange Arm. with actual busi
ness In bankers' bills at $4.81 for 60-day
bills and at $4.85 for demand.
Commercial bills. $4.86 V.
Bar silver. 62 Vic
Mexican dollars. 49c
Government bonds, steady: railroad bonaa,
Stocks at Boston.
BOSTON, Dec 28. Closing quotations:
Allouex 39 Mohawk
Amalg Copper.. 75 H I Nevada Con 10
A Z L Em,., 28V4INIpltssin(- Mines. 9
Arlsona Com .. i North Butte..... 32.
B C C S M. SVtiNorth Lake 2Ji
Cal A Arizona.. 70Vi'Old Dominion... 53 h
Cal 4 Hecla....B30 Osceola 103
Centennial 17V4!Quinc- 76
Cop Ran Con Co 5 I Shannon 1 S J
E Butte Cop M. 14V Superior 38
Franklin 8tt Sup A Boa Mln.. 11
Glroux Con .... SVTamarack ...... 34
Granby Con ... 60 U 8 S R & M . . . 42-
Greene Cananea. 8741 do preferred... 4j4
I Royalle (Cop) 81tt!Ctah Con ...... 1"J
Kerr Lake. 2 Utah Copper Cc 57
Lake Copper 23 ! Winona 3
La Salle Copper 6 (Wolverine 68
Miami Copper. . . 25 j
DEPOSITS AT KEW YORK ALSO
SHOW HEAVY INCREASE.
With Enlargement of Reserve Re
quirements, Legal Surplus Is De
creased Nearly Two Millions.
NEW YORK, Dec, 28. The statement
of the actual condition of clearing
house banks and trust companies for
the week (five days) shows that they
hold $6,396,600 reserve in excess of
legal requirements. This is a decrease
of $1,744,600 from last week. The state
Loans $1,852,379,000 $13.i8.uuu
SPsels !!."! . J-SSl-SSS
Circulation 46,685,000 '332,000
Decrease. ' .
Banks, cash reserve in vaults, $326,-
323,000; trust companies, cash reserve
in vaults, $59,806,000; aggregate casn
reserve, $385,132,000; excess lawful re
serve. $6,396,600; decrease, $1,744,000;
trust companies' reserve with clearing-house
members carrying 25 per
cent cash reserve, $46,970,000.
Summary of state banks and trust
companies in Greater New York, not
included In clearing-house statement:
specie ;.. rsz
Total deposits ...... 609.807,400 1.141.200
The Financier says this week:
fnr th January 1 divi
dend and interest disbursements, which
according to the current esumaies
amount to nearly $250,000,000, were re
vealed in the statement or mo no"
v 1, ri..rlnv.lfnnA - hanks issued
Saturday. Taking the report of actual
condition as a basis, loans expanded
,9 ceo nnn whll. pmih Increased $4.-
873000.' The gain in cash was a little
less than anticipated, out me incrcaoc
from this time on will probably be
There was an unexpectedly heavy in
crease of $27,738,000 in deposits and
since this necessitated an additional
1. p.ntiWm.nt Amounting
approximately to $7,000,000, the effect
Of the gain in specie aim
more than wiped out and surplus re-
... (1 744 RAO. leavlna: the
present excess above the 25 per cent
minimum at $6,36.bou. xne repu, i
1- a j .Ho .v,tAM of rlailv
,Tr.a rr a a nVinWA An AVDanSlOll Of $8.-
257,000 in loans, an increase of about
$1,500,000 in cash and an expansion oi
$21,516,000 in net deposits. The sur
nlna reserve fitcures on the average
basis stand at $4,737,950.
The report of the trust companies
, ... , tamAnt ravAnlrl unimportant
increases and decreases. The trust com
panies still show a deficit or zti,iuu in
SLOW WEEK AT YARDS
LIVESTOCK TRADE INTERRUPT
ED BY THE HOLIDAY.
Only Butslness Put Through at the
Close Is the Sale of a Load
of Medium Steers.
What has been a quiet week at the
arnckvarda came to a close Wltn omy
two cars in and consequently but little
hiiRlnesa was done at the wind-up.
The sale of a load of medium steers,
of 830 pounds average weight, at $6.35
comprised saiuroay b ouoincea.
The receipts were 29 cattle. 13 hogs,
. ,a -1 Tha shlnnsr, ware: K
ana 'o aiioof. -
P. Folsom, Woodland, Cel., 1 car of
puttie, and C. E. Lucke, Canby, 1 car of
OJiocv ..WO ... .
The range of prices at tne yarua wa
Choice steers ISf!iI??
Good steers " - yi
Medium .far. J-00J 6.35
uSuum cZ.-.: 4.30 6.25
Choice calvea 7,50ffl 8.75
Good ""t!.::::::::::::: SSS Ho
Stags -ouW -vv
1 iaht. T.2SO T.OC
Tenrwether. ............... J.MJ 5-83
Omaha IJvestoek Market.
SOUTH OMAHA. Dec 28. - Cattle Re
ceipts. 1(X); market, ateady. at ve steers,
16 50 09.50; cows and heifers. $3.800.80,
Western steers. $5.608.30; Texas steers.
$4 756.15; cows and heifers, $3.50S'6.i5,
nners7 $S.254.25: stockers and feeders,
$4.77.75; calves. $6; bulla, staga. etc.
$HofsRecelpts, 7100; market. lOo to 15c
lower Heavy, $7.107.25; mixed, $7
7lT; lighT $ti.90i 7.15; pigs, $7; bulk oi
"sh"ee'ce'ipts. 100: market, ateady.
Vearlings. $5.506.6O; wethers. $4.0 o.
ewea. $4.25gi4.90: lambs, $7.i5g8.0O.
Chicago IJvestoek Market.
CHICAGO. Dec 28. Cattle Receipts, 500;
market; ateady. Beeves, $5.70 9.50 ; Texas
steers. $4.60S.80; Western steers, $5.7af
1 60: atockers and feeders, $4.25 7.40; cows
and heifers. $2.757.50: calves. $6.50910,
Hois--Recelpts, 28,000; market, alow to
10" 1 "wer. Light. $7.03 f 7 42 ; mixed. $7 10
7.50; heavy, i7.057.50: rough. $7.0.5
L20; pigs. $5-257.20; bulk of aIes. $i.S0
Sheep Receipts, 2000; market, slow to
weak! Native. $4.255.5p; Western $4 25
5.50; yearlings. $6 7.25; lambs, native. $8.10
8.65; Western, I.45?8.63. ,
Flans for Poultry Show Grow. .
UNION, Or, Dec. 28. (Special.)
The Union Poultry Association is mak
ing extensive preparations for the 1913
show, which promises to be the best in
the history of that organisation. The
1912 show far overshadowed the hopes
of the association, and the members
feel encouraged. Already some prelim
inary meetings have been held, com
mittees assigned to work, and the date
will be fixed soon, probably some time
in January. Union is the center of the
poultry - raising industry, and many
fine blooded birds are owned here. The
Interest shown in the raising of live
stock at Union finds its counterpart in
the raising of fine poultry here, and
the people are united in making the ex
hibit of 191S a success.
if! NEWS IGNORED
Wheat Traders Pay No Atten
tion to Argentine Reports.
ACCUMULATION OF STOCKS
Sentiment in. the Chicago Pit Is
Bearish and May at the Close
Is Three-Eighths Lower.
Coarse Grains Dull.
CHICAGO. Dec 28. The grain mar
kets today fluctuated slowly within
very narrow limits. Wheat closed un
changed to 9sc under yesterday.
The wheat market, while still bear
ish on the foreign situation, as re
ported yesterday, and the accumulation
of stocks in the Northwest, was in the
main characterless. Somebody reported
rain in the Argentine," but the trade
regarded it largely as a cry of "wolf,"
and ignored it.
A range of c marked the wiaesi
fluctuation of corn prices.
Oats were stagnant and the tone
Lower hogs and continued nquiaation
of January options weakened pro
visions. The leading futures ranged as follows:
Open. High. Low. Close.
Dec $ .85 $ .S6 $ .86 $ .85
May 91 .91 .HI. -i
July 88 .88 .88 .88
Dec 47U .47 .47
... .48 Vi .48 Vk -48
Dec .33 .32 .32
May -1 .32
July 33 .33 4i2 -32
Jan 17.65 17.55 l'! i'Vi
May 17.97 a n.wi n.o- i-o
Jan 9.70 '9.70 9.62
May 9.73 9.75 8.70 8.70
Jan. 9.50 9.55 9.60 BOO
jj.ay 9.6-k w-ozft u.ou
Cash quotations were as follows:
Flour Quiet and unchanged.
Corn No. 3, 43&45c; iso. 1 white, 46
47c; No. 3 yellow, 4545c: Nc 4, 42
(aJ2Vic; No. 4 white, 45 & 46c; No. 4 yel
low, 42 42c.
rtvn Xti. 2. H2itiG3V.C. .
Barley Feed or mixing, 48 51c; fair to
choice malting, 51&75c
Timothy seed $2.75 3.90.
Clover seed $18. 76 19.
Pork Mess, $16.75 j 17.
Lard in tierces, $9.72.
Short ribs Loose, $9109.50.
Total elearancea of wheat and flour were
equal to 255.000 bushels. Primary receipts
were 1,40",000 bushels, compared with 490,
000 bushels the corresponds day a year
ago. Estimated receipts for Monday:
Wheat 60 cars; corn. 358 cars; oats, 208
cars; hogs, 52,000 Bead.
Puxet Sound Wheat Markets.
. . , o c whoa, Rlnestem.
qqu., fnrtvrnlrl Ro u. c : club. 79c: rea
Russian, 77c Yesterday's car receipts
Wheat, 23; barley, 5; corn, 2; oats, 1,
SEATTLE. Dec 28. w neat muekve.u.
88c; fortyfold, SOc; club, 79c; fife, 78c; red
nusaiau, i u u.
Grains in San Francisco.
tlona: Walla Walla, $1.47L50; .red Rus-
i a ? 1 AA, Tiirusu rfA X 1.S5 SB
l otn l oiuestem, ai.uatu, 1.01 n , V::
$1.33 1.87 ; brewing. $l- etVo ftoq
Call board sales: Wheat No trading,
Barley December, $1.38; May, $1.32.
Minneapolis Grain Market.
MINNEAPOLIS, Dec 28. Close: Wheat-
December, oittc; o-jv,
Cash closing: No. 1 hard, 83 c; No 1
Northern. SlS3c: No. 2 Northern. 79
81c; No. 2 hard Montana, 82; No. i
wheat. 77 jnttc.
Flax $1.23 1.23.
European Grain Markets.
LONDON, Dec 28. Cargoes quiet:
LIVERPOOL. Dec 28. Close: , Wheat-
December, 78 4a; Marcn, in
Corn 7s d. Corn January, 5 d.
English country markets, dull. Frencn
country markets, nonuay.
ToffM and Suarar.
NEW YORK. Dec 28. Coffee futurea
closed steady, but at a net decline of 1j to
20 points. -Sales. 80.250. December, 13.080,
January, 13.10c; February, ia.l5c; March,
iii.-uc: April, io.uoo, z
13.72c; July. 13.7Sc; August, 13.S5c; Sep
temer, October and November, 13.93c
16c. Mild coffee quiet. Cordova nominal.
Haw sugar eaay ,ukw. VY
2.88c. Rellned sugar quiet. Cut loaf, 8.70c ;
. . . . . . , . , , , i ,1 . , o,., .iiha, R 1 f
cruFuea, O.OUC, luuuiu A, tf..uu, u-, .
XXXX powdered, 5.0JCJ powdered, oo;
granulated fine, 4.90o; diamond A, 4.90c:
confectioners' A, 4-73c; No. 1, 4.5c; No. 4
4.60c; No. 3, 4.5c; No. 4, 4.50c; No. 6. 4.45n;
No. 6. 4.40c; No. 7. 4.3uo; No. 8, 4.30c; No.
9, -l.zac; iso. lu, 4.2uc; xn. a,
4.10c; Nos. 13 and 14, 4.05c
Hops, Etc., at New York.
'NEW YORK, Deo. 28. Hops quiet. State
common to onoice, miz, 2io;
15c; Paciflo Coast 1912, 15 23c; 1911, 14
Hides easv. Central America, 27c; Bo.
Petroleum steady. Refined New York In
barreU $5.50; do, bulk, $4.80; Philadelphia,
barrels,, ss.jo; ao. bum. i.ov.
Wool ateady. Domestic fleecea, SI 32c
New York Cotton Market.
NEW YORK, Dec 28. -r- Cotton futures
closed ateady, 2 points lower to 3 points
December 12.59. January 12.60, February
12.50. Maroh 12.56. April l.o, way it.ov.
June 12.51, July 12.01, August 12.39. Sep
tember 11.85. October 11.73.
Spot closed quiet. Mid-uplands 13.10: do
Gull i,o saies
NEW ORLEANS, Dec 28. pot cotton
Dried Frnlt at New York.
NEW YORK, Doc 8S. Evaporated apples
quiet, prunes unsettiea. rescues uegieuieu.
BIG MILLS OUST HIDUS
Drastic Steps Taken In British Co
lumbia With Shacks Burned.
VANCOUVER, B. C Dec. 28. Dras
tic steps have been taken by the man
agement of the Small-Bucklln Lumber
mills, at New Westminster, . v, in
i . . nf vifant nor) ,irv
Owing to disclosures that were made
.v.A .r.., that MinHtiit hftd heen
in the habit of paying foremen on Jobs
and otner oujcia-is unu v
their positions, the owners of the mills
have decided to dismiss almost 100
Hindus and to replace tbera with white
labor. The snactts mat iub oniuu, ,o
sided in were burned to the ground to
day by the company.
FOREST FIRE AID SOUGHT
State Forester to Ask Congress for
Fund for Work in Oregon.
SALEM. Or., Dec. 28, (Special.) To
urge that Oregon be given an addi
tional appropriation from Congress
under the Weeks law. State Forester
Elliott, who leaves soon tor wasning
ton, D. C will carry back with him
. v.., nt DpAB-nn delegation
lur iniii".-. " w- ..... , .
copies of resolutions adopted by the
State Board of Forestry.
Mr. Elliott will attend a meeting
of the American uorestry ABsoc.-ia.uun
January 8 and will also attend a meet
ing of all of those State Foresters in
states which come under the provls-
wsk law. The resolutions
which he will place before the Oregon
"Whereas. The Sixty-first Congress
1 .,. ritv nf th Federal
IObUglllCU V.' VJ " " " J -
Government to protect from tire tne
forested watersheds oi n.viK"c
streams, in the passage of the Weeks
"Whereas, Under the provisions of
section 2 of the said law, the Secre
tary of Agriculture during 1911 and
t lit 1 . 11 , r, Hro w n n thn sum of $15.
000. which was expended with splendid
.. . . . . . . 1. Cat a
results unaer toe airecnon ui wvv
Forester in protecting from fire the
m.,a.,v.,B if nrnrtir.allv everv navi
gable stream in this state; and
"Whereas, it appears mat. uecuo
A , r nA ,ino th, K.CrAtkTT Of AST-
riculture iR unable to continoe the co
operation on the same scale as it has
been conauctea curing me u-ai
years; Now, therefore,
t . na.nV.ri Thar the Oreiron
Congressional delegation are hereby
requested to use ineir oeai enu -
nki.l. on o i A i Y i rn 1 ftnn r OUT ia t i On tO
be expended by the Secretary of Agri
culture unaer ini terms oi ie "
law in the protection of forested water
sheds of navigable streams."
BRIDGE FUNDS BIG ISSUE
More Than Million to Be Asked of
OL-YMPIA, Wash., Dec. 28. (Spe
cial) More than $1,000,000 for new
bridges will be asked of the Legisla
ture next month by the various coun
ties of Washington. The largest meas
ure to be presented will be that re
garding the proposed bridge over the
Columbia River between Vancouver.
Wash., and Portland, Or. Thi struc
ture will cost about 31,800,000. of which
amount . it is probable Washington
will bo asked to appropriate nearly
Next in importance is the proposed
bridging of the Columbia between Ken-
newick and Pasco. Benton and Frank
lin county Representatives will re
introduce a bill calling for an appro
priation of $200,000. Lewiston, Idaho,
and Clarkston, Wash., want the states
to Join in purchasing the bridge across
the Snake River connecting the two
towns. The bridge is owned by Bos
ton capitalists and is of the appraised
value of $80,000. Tolls being collected
at present are said to amount to about
$20,000 a year.
Still another Interstate bridge is
proposed between Newport, Idaho, and
Newport, Wash. The residents of the
two towns have kept tab on the num
ber of persons using the ferry plying
between the two towns at present and
will probably present some interesting
figures at the session oi tne Legisla
Residents of Metallne and Meiaune
Falls will seek a bridge appropriation.
The cost has not been estimated as
Residents of Metaline Falls will seek
a bridge appropriation. The cost has
not been estimated as yet.
DRUNKEN PRISONERS RIOT
Alcohol Smuggled Into Guardhouse
at Fort Stevens Army Post.
FORT STEVENS, Or., Dec. 28. (Spe
cial.) One of the most audacious re
volts asrainst army discipline that has
ever taken place at the local military
post occurred about 8 f . lu. Christmas
dav. when the prisoners confined in
the guardhouse at Fort Stevens re
quired armed Intervention to queu tne
disturbance they were raising.
About 6 o'clock their supper was
served in the main cells. Soon after,
the guard heard a horrible howling,
the crash of dishes against stone walls
and a general outbreak. Only the
steel doors prevented a rush into the
.11 a 1 1, Q U. ...WW....
Tk. r,,o t-a woa VihhHIv formed, their
pieces loaded wltn steel-jacKeiea out
lets and they marcnea in amuusai mo
mutineers, who were forced back into
their cells with loaded rifles pointed
at their breasts.
A rigid investigation la being con
ducted to determine wnere mey se
cured the Intoxicants. A statement
that is given wide credence is to the
th-t a hur.ket eenerally used for
carrying water into the cell rooms was
smuggled into the main ceii nuea wmi
alcohol. Alcohol is used for a variety
of purposes at the fort, hence is easily
INDIANS ENJOY CHRISTMAS
Celebration at School Is One to Be
Remembered1 by Students.
CHEMAWA, Or., Doc. 28. (Special.)
The Christmas season of 1912 is one
long to be remembered by the students
of the Indian school, and Superintend
ent Wadsworth, who made such a
Christmas possible, Is highly praised.
Monday evening the stud-t fi
bled in the chapel, which had been dec
orated for the occasion, . . -s
pleasure of hearing the cantata. On
Tuesday evening, according to the
plans, Santa Claus came to the gym
nasium and presented the students
with a Christmas remembrance in the
way of a picture machine, as well- as
with Individual presents for each. On
Wednesday evening the dance in the
gymnasium afforded the. pupils an ex
cellent source of amusement.
Thursday evening tne students were
given the, pleasure of the first moving
picture show, it being the first that
many ot them have ever seen. The pro
gramme consisted of four films, "Herod
and the New-Born King." "The Old
Actor," "Battle Hymn of the Repub
lic," and "Alkalio's Bride."
GRAIN BAGS FACE DOOM
Price of Sacks Arouse Farmers to
Talk of Building Elevators.
LEWISTON, Idaho, Deo. 28. (Special.)
There is a persistent cry set up all
over the Inland Empire by the farmers'
unions, in remonstrance against the
hleh prices that they are compelled to
pay for grain bags. The farmers
unions have called their members to
gether for the purpose of solving the
qUThelsentiment seems to prevail that
the farmers should abandon the use of
bags entirely and substitute them by
handling their grain in bulk and in ele
vators. This season the farmers have
been compelled to pay exorbitant prices
for the grain sacks, ranging in price
between $100 and $125 per 1000.
The farmers seem united that to oope
with this condition and to meet the ap
parent shortage of cars they must erect
grain elevators at once. This year sev
eral million bushels of grain are yet in
the warehouses awaiting shipment to
Coast points. "
Cougar Is Christmas Present.
ALBANY, Or., Dec. 28. (Special.) A
cougar which measured seven feet in
length was a Christmas present re
ceived by Earl Stitt, a young man re
siding near Foster. At any rate, his
dogs treed the animal on Christmas
day and he shot it. Stitt brought the
skin of the animal to the County
Clerk's office in this city last evening
and collected the state bounty of $10.
Miss Amy Lowell, aiswr of President
Lo-voll, of Harvard, has Issued a volume ot
LAWYER SEEKS -MERCY
'FATHER OF DIVORCE COLONY"
BJEGS FOR IM3IUXITV.
Living Hard in Canada, Whcrr
Winters Are Cold Dismissal
of Indictment Asked.
RENOi Nev., Dec. 28. (Special.)
William N. Schnitzer, of New York,
known as the father of the divorce col
ony of Reno, in a letter to District
Attorney Woodburn seeks the dismis
sal of an indictment of subornation of
perjury, the outgrowth of testimony
riven in the case of Corlnne Bell
against Frank J. Bell, who were mar
ried April 5, 1908, at San Jose. This
case was dismissed. An indictment for
perjury is still pending against Mrs.
Bell, who is a sister ot Mrs. Charles
Murphy, of San Francisco, who left
Reno June 24, 1911. the day tha in-
Hiotmtttita war,. rptumnd following
her appearance before the grand Jury.
Schnitser hao Deen uisoarrea
months before being indicted, on the
ground that he had misquoted the Ne
vada laws in widely-spread advfrtlse
ments for divorce cases, and was in
New York when indicted.
He describes in his letter his ef
forts to make a living there while un
der the stigma of Indictment, and says
he left in January for Canada, where
he has been making a bare living at
Winnipeg as a real estate salesman.
Being unable to stand the rigorous
Winters, he desires that the Indictment
be dismissed, so he can return to his
"own dear country" and make a living
at law, his intention being to reside
MEEKER OXEjrTO BE SLAIN
Hides Will Bo Stuffed and Meat Fed
to Guests of Tacoma Zoo.
TifdWA. Wash.. Dec 28. (Special.)
Sirloin steaks and rib "roasts" will
be fed to tfie animals In Point De
fiance Zoo soon after New Years. The
linn, and nther feline beasts, which
are usually fed on "cnuck" at 8 cents
a pound will have about 6000 pounus
f.,a Vf b-t-' twn nv Pn . which
hauled the old pioneer in his prairie
. ,.. nnn II-.- I m. h I a
scnooner neany ia,vuu iii,wo
three trips over the old Oregon trail,
will furnish the feast for the ioo. With
the delivery of his pioneer trail blaz
ing outfit to the Park Board, Ezra
Meeker said he did not care whether
the oxen were placed on exhibition
alive or stuffed, and because it is the
cheaper way the board will use only ,
The Park Board figures that the
meat from the two 2500-pound car
casses will pay for the taxidermist's
services. About 60 pounds of meat is
fed to the Zoo animals every day. The
two oxen will save the board about
$450 in meat bills and this is about
what it will cost to stuff the hides.
A small house is being built in which
the Meeker oxen will be exhibited.
The oxen will be hitched up to the
wagon Just as in life.
A monster map showing the itiner
ary of the Old Oregon Trail has been
finished and this will be exhibited with
the team, as will many of the trap
pings and personal effects of Meeker.
ORANGES PICKED ON CANAL
Panama Stretch of Two Miles Popu
lar Way to Rowers.
VANCOUVER, Wash., Dec. 28. (Spe
cial.) Along the Panama Canai for
more than two miles at a stretch, one
can row in a boat and pick oranges all
the way, according to a communication
from P M. Bates, a steam shovel en
gineer, to his son, W. C. Bates, an at
torney of this city. The water is backed
up from tne umun u-.ui, "
seems to be a general Inundation. The
water there is now about 65 feet deep.
It will be 85 feet deep in the canal
when it is turned in.
Mr. Bates is now at Culabra and the
place mentioned where oranges may be
picked Is oetween i,p..um i,
Are an- Aid to
Horses on Wet
Brokers. Stocka, Honda. Cotton,
"l-2t7 BOARD OF TRADE BLDO.
MfciMBKHS CHICAGO BOARD Ot
TKAUiS. Correspondents of Logan Bryan.
Cbicaao and Vork.
JVrtv York Slock Exchange
Cblrago Muck Excbanicc,
Hostoa Stock Exc-lianga,
L blcaao Board f Trade.
New ork cotton Exchange,
New Orlenna Cotton Exchange
New Vork Coffee Exctaanae,
New York 1'roilui-e ExcbauKO.
Liverpool Cotton Aaa'n.
STOCKS. BONUS. CRA1.H AND COT'iO.U
NEW VORK STOCK EXCHANGB,
NEW YORK COTTO.M EXCHANGE,
CHICAGO BOARU OK TH4UK,
THE STOCK AND BOND EAUAA&H.
Lewis Building, 269 Oak Street.
Pfcpc- Marshall 4120 A 4137.
TRA V E LK R3' OXIDE.
COOS BAY LINE
STEAMER BKBAK WATER
sails from Alnsworth dock, Portland, at
A. M. December I. and thereafter ereH
Tuasdaj avanins at P. at. Prslsht r.
calved dallj axcapt Tuesdays up to ft P. a
Tuesdays up to S P. M. Passsnsar f ai a
tirst-clau. lit; aecond class. It. Includli
berth and meala Ticket office at Alas
worth dock. The Portland Ceoe Bay M
Line I l U. Keating. Agent