17 THE SUNDAY OKKGOXIAX, FORTLAXD, FEBRUARY g, 1913. FANCY APPLE DEAL Plans Made for Marketing Western Fruit at New York TRADE OUTLOOK BETTER Distribution of Hich-Grade Stock to Begin at Once Consumers Will Also Profit by the Movement. Contracts Made In Northwest. Plans have been completed for mar keting Western box apples in New York on a large scale -during the last balf of the season. The movement in volves a big deal in extra fancy apples axclusively, since that grade will con stitute the bulk of shipments to East ern markets from now on. The prin cipal medium for the New York dis tribution of extra fancy stock will be the firm of Steinhardt & Kelly. Joseph Steinhardt was recently in the North west, where he contracted with the Wenatchee Vaiiey Fruitgrowers' As sociation for handling its entire out put of extra fancy apples in New York City: and following this similar ar rangements were made for distribut ing llheral rnnt?nmAiit(i of the same grade of fruit from the Wenatchee Pro duce Company, Yakima County Horti cultural Union and the Apple Growers' Onion and the National Apple Com pany, both of Hood River. While the purpose of the general plan is to concentrate effort in selec tion and shipping, it is in no sense pro posed to undertake to fix prices. If the inclination to do this exists it would be Impossible to make it elect ive on account of the general apple situation. The supply the country over la too great and the intent to sell is n mtfnntr n nomlt anvlhlnff Ilka A market monopoly. It is not to be under stood that the apple house mentioned will handle all the Eastern shipments of all the organizations named. Its particular undertaking is to find the best possible outlet for a supply of ex tra fancy fruit of from 1800 to 2000 cars. These shipments will not be-handled by any of the New York fruit auction houses, but will be distributed by private sale at just such prices as demand for the goous win create, xne distributing firm confidently expects a fair demand from foreign markets, especially those of Great Britain. Commenting on the phenomenal ap ple crop of the United States and its effect on the market, Mr. Steinhardt said In an interview: "Weak markets and low prices were bound to attend such facts, but the gen eral situation has been very much aggravated by the policy of the retail ers the country over in trying to hold their prices at the same level as could be maintained when the wholesale cost was about twice as much as it is now. "In previous years such grades of fruit as are retailed by the average grocer or fruiterer sold at $2 to $3 per box wholesale. These same grades have been selling at from (1 to 11.50 during the current season, which means actual heavy loss to growers, since freight charges to the East amount to 0 cents and picking and packing costs are at least 40 cents, but the retailers have demanded about the same price as in former years and this has oper ated to check consumption to a great extent. "Some change Is probable along this line, because facts have become known by many consumers and the intelli gence is rapidly spreading. Also such tacts are becoming to be considered notorious.' if not something else, and It is within the probabilities that this may result In some revision by retail ers of their policy and a consequent in crease in consumption by the millions Who purchase in small quantities." OREGON NEWTOWNS TOP MARKET Car of Fine Fruit Brines Brat Price of Heauton at Auction In London. Apple market conditions in London, according to W. Dennis & Sons' report of January 17, were as follows: "The market for barrel apples in London this week has been a very dragging one, due in a great measure to the wet and depressing weather we have experienced, which has prevented the retailer from clearing his stocks. We auctioned today a very fine car of Oregon Newtowns. the best fruit we have seen this season. The apples were competed actively for by the best London trade and realized top price of the season. "In Liverpool barrels are meeting with a much stronger demand and are shillings ahead of London. With re gard to Oregon Newtowns, Liverpool has varied considerably during the week. Prices were firm on Monday, but the heavier arrivals on Wednes day brought prices down about a shil ling per box on all counts. We give below this week's quotations: "Liverpool Oregon Newtowns, now 8s to Ss Sd, 64 to 150 counts: 165 count. 7s fii to 8s: 175 count, 7s to 7s 3d; 185 to 225 count. Ss 3d to 7s: Washington Newtowns, 6s 3d to 7s 3d: California Newtowns, four tiers. 5s 3d to 5s 6d; four and one-half tiers. Da to 5s 3d; Oregon York Imperials, small fruit, 6s to 7s; medium, 7s 6d; fancy Springdale. small fruit, 6s to 7s: medium. 5s to 5s d: fancy Willow Twig, small fruit, 4s d; medium, 5s to 5s 3d; Ben Davis, 6s; Ganos. 5s 6d: medium. 6s to 6s 3d. "London Oregon Newtowns, 10s to 12s per box: Washington Newtowns, 7s id to Ss; California Newtowns, 6s to 6s d." TRADE IN ORANGES IS IMPROVING With Assurances of No Fronted Fruit HereJ Buyers Again Take Hold. An improvement In the demand for oranges is noted. Local stocks are fair and prices are tirm at S2$3 per box. The market inspectors have done such good work that not a single car of frosted oranges has been put on sale here. Every car received has been thoroughly inspected, and the few that were found frosted were sent out of town. The demand for apples was moderate. Some poor stock is still coming along, but the lower grades in general are well cleaned up. Ripe bananas were very scarce. Four cars that are due Monday were re ported green out of Los Angeles. The Springbrook Berry Growers' As sociation, which puts the first Oregon strawberries on the market every year, has decided to open headquarters in Portland next Summer and sell direct to the trade. DEMAND FOR WHEAT IS SLACK Competition Snhlc1ee nod Tendency of Price Is Towards Keaction. The demand for wheat was slack at the close of the week, and, as was to be expected, most of the buyers quoted lower prices. It is probable that a small amount of grain could have been sold at the prices that prevailed earlier in the week, but there was no such keen competition as excited the market recently. Oats and barley were quiet. There were no new developments in the flour trade. Local receipts, in cars, were reported by the Merchants Exchange as follows: WhMt Barlev Flour Oats Hay Monday 52 2 11 ... 3 Tuesday ....... 37 ... 6 1 W -.1 n t 37 ... - 5 ... Thursday 1'S ... 11 ... 3 Friday ........ 36 ... 3 ... siarnrdnv ..... Id ... 6 . . - , Year ago 69 ... 3 3 2 Total this week 206 2 44 43 2') Season to date.-12.407 10 1327 1016 12(W Year ago ..... v,dtz -yt low ivio iwi BUTTER DECLINES CENT AND HALF Market Weakens With Increase in Produc tion Cheese Inner. . There will be a drop of 1' cents in the local butter market Monday morn ing. This will put the market on a 36-cent cube basis. With the mild weather the local make is increasing and Is now sufficient to take care of all the trade. Cheese is moving fairly well, and with a better Inquiry the market is on a firmer foundation. There is a good demand from the north for eggs, and this, with the higher prices at San Francisco, is hold ing the local market steady. Poultry weakened steadily in the lat ter part of the week, owing to liberal receipts. At the close hens and springs sold at 13 ft 14 cents, ducks at 15 16 cents, geese at 1012 cents and dressed turkeys at 22 54I&25 cents. Dressed meats were unchanged. TWELVE CABS OF ONIONS SHIPPED Market Bolds Finn at 85 Cents a Sack to Growers. Twelve cars of onions were sold by the association in the past week at o . r , KA- uvan could be OU KCUIO, VI tubw " J ' shipped. Three cars sold in the pre vious weeK were aiso sent ouu aiwi deducting the onions shipped and those V... Kllcrtit tha record shOWS 160 lugi j -- cars remaining, which compares with 146 cars iert on mis aaie iai ycai, cars two years ago, 142 cars three years ago and 162 cars on the corresponding date in 1909. The demand for shipment outside the state continues good. The market holds Arm at 85 cents at f. o. b. points. SHERIDAN HOPS BRING IS CENTS Better Inquiry From East Oregon Crop Fixed at 110,000 Bales. The sale of the Paul lot of 155 bales at Sheridan at 18 cents was confirmed yesterday. A number, of purchases from dealers' stocks were made by Portland and Salem firms. There was more inquiry from the East, but buy ing was difficult. The 1912 crop of Oregon has now been definitely fixed at 110,000 bales. The figures are based on the shipments to date and the known stocks held by growers and dealers in the state. Grow ers' holdings are about 7600 bales. Head Lettuce Coming From Texas. A car of fancy Big Boston head let tuce in hampers is due from Texas Monday. This will be the first ship ment of lettuce ever brought from that state. Owing to the high prices and poor quality of the California vege table, dealers found it necessary to go to Texas for a supply. A car of mixed San Francisco vegetables is also due Monday. PORTLAND MARKETS. Arain, Floor, Feed. Etc WHEAT Track prices: Club, 86fff87c: bluestem. 6c; forty-fold. 8Tc; red Russian. Sic; valley, 87c FLOUR Patents. 4.7 per barrel: straights. S1.10; exports. J3.S5bJ.95; Val ley. t.7; s rah am. 14.60; wholo wheat. (4.80. BARLEY Feed. 12323.50 per ton; brew ing, nominal; rolled. $2j.5g) 26.50 pe.- ton. COI'.N Whole. $27: cracked. i2S per ton. MILLSTUFFS Bran. S22 per ton; snorts. (24 per ton; middlings. (30 per ton. HAT Timothy, choice, $lo&17; mixed. Eastern Oregon timothy. $129 15; cat snc vetch. 12: alfalfa, 111.30; clovat. 110. straw. OATS No. 1 white. S28.50g2T.50 per ton. Vegetables ul Fruits. FRESH FRUITS Apples. 50c 6 11.73 per h... ...... - i M i b i '1 oer box: craoes. Uaia- gas,' per barrel. . POTATOES Jobbing prices: Burbanks. 506uc per hundred; sweet potatoes, 3ic i r.ur Jt fli. inuiia ui.utca. - - - -$2ff3; Florida, 14; Japanese, 1.25 per t'Untne; iiu..riii & u,.. ... i - - Florida grapefruit. 14.25; lemons, 7 608 per box: pineapples, 6c per pound; pome granates. 12 per box: persimmons, 11.75 p.i dozen; cabbage, lo per pound: caullfiow.r. 9.ov per ciaii:, vcicu. . ... w , - - --' cucumbers. 75c 2 per dot: eggplant, lOe pers. lOo per pound; radishes, 36c per anrnnli 1IH- tATYiatneS. 12.15 Itr box; garlic. 5 9 so pr pound. tack; carrots. 75c per sack; beets, 750 psr sack; parsnips. 75c per sack. OXIOXa Oregon. $1 per sack. Dairy and Country Produce. EGGS Fresh locals, candled, 2526o per dozen. CHEESE: Oregon triplets. He per pound. OLiian-rc,uu ... i ....... ; . - 36c ner pound; prints. 376370 per pound. ruui.iivi nciio, j -2 . u , 6114c: turkeys, live, 20c; dressed, choice, 221,! Q 25c; ducks, 15(SUic; peese, 1012c PORK Fancy, 10c per pound. VEAL Fancy. 14iiyl41.ic per pound. aii iticpR. ikw fSluWo: picnics. 12c; cottage roll. 14c. BACON Fancy aeiaSfZTfec; cnoice. w ft 23c. Staple Groceries. SALMON Columbia , River, one-pound tails, 12.25 per dozen: half-pound flats. 11.40; one-pound flats. 12.45; Alaska pink, one-pound tails, 85c; silversides, one-pound tails, Sl.ro. HONEY Choice. 13.253.73 per case. NUTS Walnuts, ISc per pound; Brazil nuts. 120 15c: filberts. Uglic: almonds. l.Sc neanuts. &tf5ibc: cocoanuts. 90cSl per dozen, chestnuts, 11c per pound; hickory nuts, 3&10c: pecans. 17c; pine, 1742c- B&ANS small wmte. o.4uc: large wmio, (gae; Lima. ic; pink. 4.70c; Mexican. 6c, bayou. 4.65c SUGAR Fruit and berry. 5.!5; Honolulu nlantanon. 5. 1:0: beet. 15.t'5; extra C. 1-1. 7. powdered, barrels. 15.50; cubes, barrels, 15.10. SALT Granulated. 114 per ton; halt ground 100s, 110 per ton; 60s. 110.75 per ton; ttairy 112.a0 per ton. Rice No. 1 Japan, 5SHc: cheaper grades, 4 Vic; Southern head, 5g64,c IIKIED FRUITS Apples. 10c per pound; apricots, 12$rl4c; peaches, 84?llc; prunes, Italians, So 10c; silver, ISc; figs, white and black. 64; 7c; currants. sc; raisins, loose Muscatel, Ctglc: bleached. Thompson. 11 "c; unbleached Sultanas, 814c: seeded, 7&SL2C: dates, Persian, 7fcc per pound; fard. 11.65 per box. FIGS Twelve 10-ounce. 85c: 50 1-ounce. 11.85: 70 4-ounce. 12.50; 30 10-ounce, 12.25: loose. 50-nound boxes, 6Va57c; Smyrna. boxes. 81.1041.25: candled, lit per box. LARD In tierces, cnoice, ii!ic; oom- POU..U. 'C iihv salt UPATS Reeular hov -!-r 3314ic; short clear backs, 12 to 16 lbs.. . ... it uiri -.tar u,v. o w 13W&15C; exports. 14c. Mi.ttr.Ll-. i. l.c-i-lr i.tra meis beef. 11 1 mess beef, 113; plate beuf. 120; rolled bone less beef, 530. BARRELED PORK Best pig pork. 124; brisket pickled pork. 2U4f25c cofiee Roasted, In drums, 24 940c per pound. Hops, n'ool and Hide. HOPS 1112 crop, prime and choice. IS"? lc per pounU: 1913 contracts, 15c per pound. Ai.'HAIK Choice. 22c per pound. PELTS Dry. lojjl4c; butcher, 1 01-35 short wool. ; tl 10c. WOOL Eastern Oregon. 140-sc per pound according to ahrinaage; Va.!ey. 21 H ti--l-c per pound. HIDEsi Salted hides. 12c per pound salted calf, lsc; salted kip. 13014C. grJ hides. 11c; dry hides. 22&23C; dry calL vo. 1. 25c: No. 2. 2oc; salted bulla Sc. CASCAKA Per pound. 4 Vi 04fec. Jar lots. (i 5e. GRAIN BAGS In carlots, loe. Linseed Oil and Turpentine. LINSEED OIL Raw, barrels, 53c; boiled, barrels. 55c; raw. cases, 5Sc; boiled, cases. 60c. OIL MEAL Carloads. 137.60 per ton; less than carloads. 140 per ton. TCHI'E-NTINE Barrels. 54He; cases. 57c GASOLINE: Naphtha. In iron barrels 18c in cases 2oc: motor gasoline, in iron barrels 17c. in cases 24c; engine distillate. In irci barrels in cases 15HC. Chicago Dairy Produce. CHICAOO. Feb. L Butter steady. Cream eries, 27 ft 34c Egg, tirm: receipts. 4695 cases: at mark easca Included. 20H2Sc; refrigerator firsts, 17c;"flrsts, 22Va TRADE SUMS 001 Movements in Stock Market Narrow and Irregular. CLOSING TONE IS STEADY Speculative Interest Lessens With Cessation of Bull Operations in "" American Can Union Pacific Scores Point Advance. NEW YORK, Feb. 1. Movements of the leading stocks today were- narrow and irregular. Speculation slowed down and displayed lack of initiative. A break of nearly 2 points in Penn sylvania was the most conspicuous change, these shares being sold on re ports of a proposed large stock issue, which were strenuously denied. How largely the stock market oper ations of the week were built about the bull campaign in American Can stock was Indicated by the lessening of speculative Interest today, which was coincident with the cessation of the upward movement In Can. That stock dropped 2 points although it re covered much of its loss. Selling of these shares was attribu ted to disappointment of traders who had expected a definite announcement of a plan to pay off the back dividends on the preferred. Another influence that tended to re strict speculation was the belief that the Supreme Court's decision in the Minnesota rate case might be handed down on Monday. Independent steel stocks developed considerable strength. Coldrado Fuel preferred rose 4 points to 155, its record price. Increased interest "was shewn in Union Pacific, which for a time sold at an advance of a point on expecta tion that announcement of the Harrl man dissolution plan would soon be made. Bonds continued to move in an un certain way. Total sales, par value, $1,463,000. Panama 3s advanced on call on the week. CLOSING STOCK QUOTATIONS. Reported by J. C. Wilson aV Co., Lewla building. Portland. . . Open High Low IClose AmaL Copper Co Am. Car sc F com.. Am. Can, com. do preferred Am. Cotton Oil, com. Am. Loco., com Am. Sugar, com. .... Am, Smelt., com. Anaconda Mining Co. Atchison, com. ...... B. & O., com Beet Sugar Brooklyn Rajjid Tr.. Canadian Puc, com.. Central Leatner, com. C. & G. W., com. do preferred ...... C, M. & St. P C. & N. W., com. .... Chesapeake & Ohio.. Coio. Fuel & Iron, c. Consolidated Gas .... Corn Products, com..: Denver & Kio G.. c. do preferred Eric, common do 1st preferred. . . General Electric Gt. North, ore. lands.. Gt. North., pfd Illinois Central 73 734 73 52 43 43 )4 41 43 20is,127ll251.127 128 52 2 02 41 117 73 is SS 10.! 414l 41H 40 117 -41117 117M; 73i 73VJL 73 38 371 38 102 T,lu3- 1103 102 ,102 ,102 110214 91 ill !.! 01 I 1 4Uiss:-i. -vts--u Ufa I 32 113. my, 130 113 37 40 37 40 137 15 21 38 31V., 48 142 30 12S 127 114 18 21 16 21 311. 48 31 48 81 48 128 128 ,128 int. Harvester ,'1144 Interurban Met, c 10 do preferred ... 04 Lehign Valley ltil Kansas City South...' Louisville & NashvilleaO 114 10 05 ' 102 138 114 18 S3 1W. 04 1011161 :ro 130 13t Mexican Iatioiiai, -u M., SU P. S. S. M. M., K. & T com .. do preferred Missouri Pacific .... National Lead Nevada Consolidated. New York Central .. 24 130 27 61 41 52 2754 41 27 27 ii 181 18 108, 108 18 18n 1081108 N. Y., Out. & West 1 31 Nor. & West., com.. 110 110;110;llu Northern Pacific. comjllO 11:11 119 30 121 115 15 91 90 27 89 23 42 107 27 80 161 Pacitic Mail S. s. co.j l Pennsylvania Railway,122il22121 P. Q., L. & Coka Co.1. . .... .. .. Heading, com do 2d pref. ..... do 1st pref. Rep. Iron & Steel, c do preferred Rock Is. and, com . do preferred 185 105 14 26 89 23 108 "80 160 90 27 80 23 ios '26 89 23 107 Southern Pacific, coml Southern Kauwa, c do preferred Ilnmn Pai-lfll Com . 80 80 161'160 DO 00 I r,,..f.rr..rt HO ii I 90 90 90 V. S. Rubber, com .1 ..... 5 it s S...I Co. com . 64 651 64 63 110 1104killoill0 Utah Copper 54 64 64 64 I7i.lni. l-hamff-n I 31 Western Union Tel. .( 1 1 ( 71 Total shares, 170,200. BONDS. I Reported by Overbeck & Cooke Co., Board ot trade bunding, roruuuu, Amer Tel & Tel conv 4s 10J American Tobacco 4s 9 American Tonacco 0s ......120 Atchison general 4s ........ Atchison conv 4s.- 104 Atchison adj 4s stamped ,2I' Atchison conv 5s 104 Atlantic Coast Line cons 4s -. 94 At Coast Line "L si N coll" 4s. 01 Baltimore at Ohio 3s 91 liaulmore & Ohio 4s Brookln Rapid Transit 4s 90 Can Southern first 5s 100 thesapeiae & Ohio 4s ....100 C B At O. gen mts 4s........... 9, C B & Q 1oint 4s 95 C B & Q ill" 4S 98 C B At tl Denver 4s 93 Central Pacific first 4s 95 Chicago i East Ills 4s 7 Chicago R I & P ref 4s 88 Chicago R I & P Col trust 4s... 64 Colorado & Southern first 4s. . . 94 Denver at Rio Grande 4s 87 Del & Hudson conv 4s ...97 Erie first cons P L 4s 86 int Met 4s 80 106 98 105 88 105 96 91 91 l8 91 100 lot 90 95 OS 98 96 64 94 98" ' 87 80 84 90 u, 88 92 87 72 86 7 90 105 98 68 91 93 102 97 102 94 95 78 70 on 90 102 nuts 101 102 -it 102 114 134 65 63 04 Japanese 4s 83 Japanese first 4s 90 Janamose seconu ctt Louisville dfc Nashville unl 4s... 92 iio Kan & Tex 48 SS Missouri pacific 4s 1" New York Central 3s 8 New York Central L S 3s 78 Sew York Central 4s 90 New York cltv 4s of 1957 104 Northern Pacific V L 4s S Northern Pacific 3s 68 Oregon Short Line 4s 91 Oregon Ry & Nav 4s 93 Penna Ry 4s of 1948 101 philUnnine Hallway 4s 83 Keadinc general 4s Oi Republic of Cuba 5s Southern Pacific first ref 4s.. Southern Pacific col 4s Southern Railway 4s St L S F ref 4s union Paclfl cflrst 4s Union Pacific conv 4s .... I'irtn l..T-ifiij ref 4s .10: . 93 . 94 . 77 . 7 . 90 ' . 90 United States Steel S F 5s 101 United Siates 2s registered 101 United States 2s coupon 101 United Staes 3s registered 102 United states 3s coupon.. .,02 United States 4s registered... 113 United States 4s coupon.... 113 United Railway S F Is.... Y abash irs. 4s W'eMinghouse conv 5s n-,.r,rn Pm'iffc. 5s . . .. 05 61 93 8 97 tvest Shora 4s 97 98 ' Stocks at Boston. BOSTON, Feb 1. Closing quotations: Allouex 38 (Mohawk Amalg Copper.. 73 Nevada Con .... A ii L at Sm... 31 !Nipisslng Mines. Arixona com .. S 'North Butte..... B at C C & S M. 6 North Lake Cal Arizona.. 65V-;oid Dominion... Cal at Hecla 495 lOsceola Centennial 18 ijulncy Cop Ran Con Co 47!Shannon E Butte Cop M. 14 -Superior Franklin 7:Sup & Bos Min.. Giroux Con .... 3 Tamarack Granby Con ... 68:u S S K M... Greene Cananea. ---" do preferred... I Royalle (Cop) 28 -Utah Con Kerr Lake 2(l'th Copper Co. Lake copper.... 19 -i Winona La Salle Copper 4iWolverlne 53. 18 8 30 2 49 se 73 12 32 3 32 41 49 10 64 3 67 Miami copper. M 1 Money, Exchange, Etc. LONDON. Feb. 1. Bar silver, steady, 28 d per ounce. x, nnAv lulV ner cent. The rate of discount in the open market for short bills Is 4 per cent: do. for three months- bills, is 4 per cent. . NEW YORK. Feb. 1. Money on call nom inal; no loans. Time loans, steady; SO days, 3V, S3 per cent: 90 days. 3H per cent: six montks. 44 per cent. Prime mercantile paper, 45 per cent. Sterling exchange steady, with actual busi ness in bankers' bills at S4.S310 for 60-da bills and at 14.8723 for demand. Commercial bills, $4.83. Bar silver. 61 c Mexican dollars. 48c Government bonds, steady; railroad bonds, irregular. SAN FRANCISCO, Feb, 1. Silver bars, eic Mexican dollars, nominal. Drafts, sight. 2c, telegraph, 5c. Sterling on London. 60 days. S4.83; do. sight, S4.87. Bank Clearings. Bank clearings of the Northwestern cities yesterday were aa follows: Clearings. Balances. Portland ...1.526.377 $233,970 Seattle 1,727.455 132.031 Tacoma 361.447 64.44t Spokane 683.450 liS.Bitf Clearings ot Portland, Seattle and Tacoma for the past week and corresponding week in former years were; Portland. Seattle. Tacoma 1913 $0,086,675 $10,t23,01 $2,231,027 112 9.815.84S 8.766.164 4.172.588 1911 8.154.544 8.766.164 4.172.5.S8 1S10 8.733,665 10.473.313 6.610.17 1909 6.088.4V5 9,107.779 4,302.630 1&08 4,944.577 6,491.883 8.611,737 107 6.313.301 7.915,588 4.281.978 1U06 4.660.452 5.427,022 3.578.822 inns 3.974,139 4.372.763 2.124.S.0 104 2.4S3.65S 2.466,154 1.685,274 lOS 2,922.192 3.426,431 1.859,390 Condltioa of the Treasury. WASHINGTON, Feb. 1. The condition of the United States Treasury at the beginning of business was: Working balance $ J9.814.549 In banks and Philippine Treasury 82.580.393 Total general fund 145.84ft.O20 Receipts yesterday 2,449, 2S Disbursements 1,272,516 Surplus this fiscal year 5.414,635 Deficit last year 22.S57.800 The figures for receipts, disbursements, etc, exclude Panama Canal and public debt transactions. TENDENGYIS DOWNWARD IOWER RANGE OP PRICES IS AT.T. LIVESTOCK IiTXES. Cattle Off Quarter on Week and Sheep and Hog Markets Affected. Quiet at Close. Only five loads of stock were re ceived at the yards yesterday, and busi ness was limited, as usual on Saturday. Two loads of hogs were disposed of, the best at $7.60. The sales in detail were: Weight Price 104 hogs - 157 $7.35 105 hogs 161 7.50 Saturday's receipts were 6 cattle, 307 hogs and 316 sheep. The shippers were C. E. Lucke, Canby, 2 cars of cattle, sheep and hogs; O. W. Griffin, Weiser, 1 carof sheep, and Don A. Dewey, Marshfield, Idaho, 2 cars of hogs. In an interview D. O. Lively, chief of livestock department of the Panama Pacific Exposition, blames the under production of cattle for the present condition of living costs. He said: "The jbulk of Western lands are best fitted for stock grazing and the farmer sold his birthright for a mess of cold turkey when he turned from the splen did beef production of the old days to raising grain. The production of live stock Is going to grow in leaps and bounds, for the reason that the farmer and small ranchman have finally real ized the profit there Is in raising live stock, especially as contrasted against truck farming. The generous prices paid for stock in the open market, com bined with the work of the agricul tural colleges toward this end, have helped convince the farmer that he had better change and reap this new field." Professor A. E. Chamberlain, agri cultural commissioner of the Great Northern, recently said: "I have always believed that the greates.t asset of the State of Oregon is grass. While' you are struggling with the development of orchards, the fruit lands and irriga tion projects, there is going to waste each year in the State of Oregon grass that has been provided by nature, with out any aid from man, that if consumed by livestock. would produce more net wealth for your people than Is produced from the fields of some states in this Union that have three, four or five times the rural population you have in Oregon." Receipts for the week have been: Cattle, 1072; calves, 2; hogs, 4622; sheep, 3354; horses, 16. The official weekly market report follows: Notwithstanding the fact that re ceipts have been light and compara tively few cattle were offered to the trade, prices have sagged fully 25 cents all along the line. Prime steers sold $7.50 to $7.75, cows $6.50 to $6.75, heif ers $7.00 to $7.25, and bulls at $6.00, represent a conservative price range. Downward tendency to the swine trade early in the week became chronic by Thursday, when best lightweight hogs sold at $7.50 to $7.55. These prices are 20 to 30 cents lower than a week ago. Liquidation has been very liberal, 4622 head of swine being unloaded here since Saturday. Mutton values received a trimming Thursdav. due to the letup in demand. The cattle decline has affected both sheep and hog markets, and fresh meat business shows big losses compared with early January trade. Choice wethers are down a quarter at to J6.16: ewes. $5 to $5.15. Lamb market steady to a shade weaker; tops, $7 to $7.25; demand not so urgent. Bulk of sheep house offerings during week only medium quality. The following sales are representa tive of the week's trading: - , Weight Price 21 steers 1242 $7.80 143 steers '.113 7.75 27 steers H 7.55 13 steers 1050 7.30 1 cow 1090 6.75 10 cows 1086 8.50 21 cows 4 cows 1 heifer 1 bull 1 bull - 3 bulls 170 hogs 957 hogs 444 hogs .'. 066 hoS ............ 250 lambs 401 lambs .............. 257 wethers ..lOito 0.40 1175 5.50 850 7.50 1850 6.00 1300 5.25 1355 i 5.00 187 7.85 106 7.75 ....... 188 7.65 200 7.55 81 7.25 71 6.60 96 6.10 96 6.25 503 ewes The range of prices at the yards was as follows: Choice steers $7.30?$7.80 Good steers 7.30 Medium steers 50 7.00 CUioice cows 6.50 6.7o tiwd cows .- 6.00 6.i0 Medium cows .50W 6.00 Choice calves 8.00 f 9.0 Good heavy calves ...... 0.50.0 i.0 Bulls 3-00. 5.50 LiglfttT. ' 1-359 7.55 tfeavy S.WIg .W Yearling-wethers 5.00 6.15 Ewes 4.00-, 5.15 Lambs - 6.00 Q 7.25 Chicago, Livestock Market. CHICAGO, Feb. 1. Cattle Receipts, 200; market steady. Beeves. $3.259.20; Texas steers, $4.90-8 5.75; Western steers. $5.80(P 7.30; stockers and feeders, 4.75fc7.00; cows and heifers. J2.90S7.45; calves, $650ttl0.2a Hogs Receipts. 14.000; market strong to shade higher than yesterday's average. Light, S7 407.67; mixed, 7.4537.70; heavy, $7 307.70; rough. $7.S0Si 7.45: pigs, $6.00 7:45; bulk of sales, $7.60 7.65. Sheep Receipts 1000; market steady. Na tive. $4.60g-5.90; Western, 4.75S5.S5: year, lings, $6.S57.75: lambs, native. J6.60'5S.iO; Western. $6.60f8.73. Omaha Livestock Market. SOUTH OMAHA. Fen. 1. Cattle Receipts 10O, market steady. Native steers, 6.50'p 8.25; cows and heifers, 4.007.00; Western steers. $5.507.70; Texas steers, $5,006-6.25; cows and heifers, $3.75jftt.60; calves, $6.00 8.O0. Hoes Receipts 800O. market 5c lower. Heaw. J7.25&7.35; light, 7.10i97.30; pigs, $6.0j7.00; bulk of sales, $7.25j7.30. hep r.ec.-ipts. 100; market. steadv. Yearlings. $6.507.25; wethers, $5.00.5.65; lambs. $7.75 ft 8.50. Duluth Linseed Market. DULTJTH, Minn., Feb. 1. Closing: Lin seed on track and to arrive, $L33; July, $L37 asked; May, $L3o. CROP MAY BE SAFE Damage From Cold Wave in Southwest Not Expected. CHICAGO MARKET EASIER Primary Arrivals, Double Those of Tear Ago, Also Operate Against Bulls Corn Lower on Prob able ' Larger Receipts: CHICAGO. Feb. 1. Belief that the Southwest would escape damage from the cold wave tended today to pull down the price of wheaL An easy tone prevailed at the close, with quotations ranging from H to 14c decline to a shade advance, compared with the night before. Corn lost to 14c net, and oats 1-16 to ic to c The outcome in provisions varied from 5c off to a gain of a shade. Except for a short time at the be ginning, little disposition was shown to carry the wheat market upward op account of possible Injury due to zero weather. An additional influence against the bulls was the fact that primary arrivals amounted to nearly double those of a year ago. 896,000 bushels, against 457,000- bushels. There also was reports that New York had been overloaded with flour. Light de liveries of wheat by farmers in the Northwest helped prevent any serious backset in prices. . Improved condition of country roads led to an easy market in corn, the idea being that large receipts would follow. Oats likewise gave way, liberal sell ing orders more than offsetting various attempts to lift the market. Provisions felt the effect of unload ing attributed to one of the big pack ers. The bulk of the offerings, though, came out only on hard spots. The leading futures ranged as follows: WHEAT. Open. High. Low. Close. May $ .93 $ .94 $ .93 .93 July 91 .91 .!H .91 Sept. 90 .90 .83 .90 CORN'. May 52 .52"; .52 .52 ljuly 5.1 .53 .53 .ii3 OejlU .. .... "- , .vi 71 "" OATS. May 34 .34 .34 .34 July 34 .34 .34 .34 Sept. 34 .34 .34 .34 MESS PORK. May 19.05 19.10 19.02 19.07 July 19.05 19.05 19.02 19.05 LARD. Sept. 10.20 10.25 10.20 10.25 May 10.15 10.17 10.15 10.17 July 10.17 10.20 10.15 10.20 SHORT RIBS. May 10.17 10.20 10.17 10.17 July 10.15 10.15 10.12 10.15 Cash prices were: Corn No. 2 yellow. 51c; No. 3, 4748c; do. wnite, 50fe50c; do, yellow, 4s 48c; No. 4, 4547c: do, white, 480 50 c; do. yellow, 45J47c Kve No. 2, 64 c. Barley, 49 70c. Timothy. J3W4.15. Clover, !-: 20. Grain at San Francisce. SAN FRANCISCO, Feb. 1. Call board sales: Wheat, no trading. Barley, December, $1.31 per cental; May. $1.31. Spot quotations: Walla, $1.55(81.57 per cental; red Russian, $1.52 fl.55: Turkey red, $1.67 ft 1.70; bluestem, $1.67 &1. 70. Barley, feed. $1.32 & 1.35 per cental; brew ing, $1.37 1 (9 1.40. Oats, white, $1.47 r 1.50 per cental. Bran, S2424.50; middlings, S132; Bhorts, $25.5026. Puget Sound Wheat Markets. TACOMA, Wash., Feb. 1. Wheat, blue stem. 98c; fortyfold, 85688c; club, 8588c; red Russian, 83(ti'S5c. Receipts, wheat 42 cars; barley, 3 cars, oats 1 car, hay 7 cars. SEATTLE, Feb. 1. Wheat, bluestem, 94c; fortyfold, 85c; club, S5c; red Russian, 63c Yesterday's car receipts, wheat 30, oats 14, corn 3, hay 10. flour 6. European Grain Markets. LONDON, Feb. 2. Cargoes on passage, steady. English country markets, quiet. French country markets, quiet. LIVERPOOL, Feb. L Wheat Spot steady. Futures quiet. March 7s 5d; May, 7s 3d; July. 7s 3d. CASH GAIN NOT REVEALED RANK i STATEMENT DISCLOSES UNEXPECTED LOSS. Totals Affected by Gold Withdrawn for ExportBanks' Excess Re serve Is Reduced. NEW YORK, Feb. 1. The statement of the actual condition of clearing house banks and trust companies for the week shows that they hold $16. 125,200 reserve in excess of legal re quirements. This is a decrease of $5,340,200 from last week. The state ment follows: Decrease. Loans $1,995,955,000 $25,838,000 Specie 353.173 000 1,21:2.000 Legal tenders .... gd,ias.iw ..jh.umu Net deposits 1,853.820,000 8,902,0IK) Circulation 46,329.000 113.000 Increase. Banks' cash reserve in vault, $369, 970,000. Trust companies' cash reserve in vault, $66,341,000. Aggregate cash reserve, $436,611,000. Excess lawful re serve, $16,125,2000; decrease $5,340,200. Trust companies' reserve with clearing house members carrying 25 per cent cash reserve, $61,726,000. Summary of state banks and trust companies in Greater New York, not Included in clearing-house statement: Increase. roans $561,133,300 $3,9S5.00 Specie 61.557 10O 701,500 Legal tenders 7.707.400 -6.4O0 Total deposits 630.213,000 3,155,300 Decrease. The Financier says today: The statement of the New York Clearing-house banks was distinctively different from those of the preceding few weeks, the current exhibit having shown a decrease of $3,609,000 in cash, whereas preliminary estimates had in dicated a gain of more than twice that amount. It is difficult to explain the discrepancy except that money with drawn for gold exports counted largely in the totals. Money is still flowing in this direction from the interior, al though the banks have been losing to the sub-treasury on account of with drawals for export purposes. A very large volume of National bank notes has also been going to Washington for redemption. Loans increased $25,838,000, and this, with an Increase of $8,992,000 in de posits, brought about a decrease of $5, 340,200 in excess reserve, making the present surplus above the 25 per cent minimum $16,125.200. Coffee and Sugar. NEW YORK. Feb. 1. Coffee futures closed steady, net unchanged to five points higber. Sales 13.750 bags. February. 13c; March, 1X27c: April. 13.35c; May, 13.4SC; June. 13.53c; July, 13.60c; August, 13.65c; September, 13.73c; uctooer, id. tic; .-November, 13.63c; December and January, 13.59c. -Spot steady. Rio 7.-13c: Santos 4s. l5c Mild quiet. Cordova, li 18c nominal. Raw sugar steady. Muscovado. 89 test. 5.98c; centrifugal. S test, 3.48c; molasses, 89 test. 2.73c; refined steady; cut leaf, 5.15c; crushed, 5.05c; mould -A," 4.70c; cubes, 4.80c: XXXX powdered, 4.50c; powdered, 4.4ac; granulated, fine, 4.3oc; diamond "A," 4 S5c; confectioners --A," 4.20c; N". 1, 4.10c, No. 2, 4.05c; No. 3. 4c; No. 4, '.95c; No. , 3.85c; No. 7. 3.80c; No. 8, 3.75c; No. 9, 3.70c; No. 10, 3.05c; No, 11, 3.t'0c; No. 12, 3.55c; No. 13. 3.50c; No. 14, 8.50c SAN - FRANCISCO PKODCCB MABKKT Prices Quoted at the Bay City for Vege tables, fruit, eta. SAN FRANCISCO. Feb. L The follow ing produce prices were current here today: Fruit Apples, choice. 0c: common. 9e; Mexican limes, nominal; California lemons, choice. $7. common, 93.50; navel oraagss, $1.25g3; pineapples. $2$3. Cheese loung America, 16 18c Butter Fancy creamery, 89c Eggs Store 25c; fancy ranch, 27 c Hay Wheat. Z3.50; wheat and oats, 121.00022; alfalfa, $12.50015: barley. $18 if 19. Potatoes Oregon Burbarrks. 75cti$l: Salinas Burbanks. $101.35; sweets, 1 oi 6 2 .O0. Vegetables Cucumbers, $2.50gi3.00: green peas, nominal; string beans, nominal, toma toes, 35fu60c; eggpiant, 515c; onions. 4060c Receipts Flour, 6650 quarters; barley, 9090 centals; potatoes, 11.575 sacks; bay, 70 tons. Hope, Etc, at New York. NEW YORK. Feb. 1. Hops quiet. State, common to choice 1912, Illu-Sc; lsll, 12 0 15c; Pacifio Coast 1912, 17jjc; 1911, 12 ti ISc s Hides steady. Central America, 29 c; Bo gota, 28r:9c Petroleum steady. Refined New York, barrels, $4.50; bulk, $4.85; Philadelphia, bar rels, $8.50; bulk, $4.85. Wool steady. Domes tio fleece XX Ohio, Sl32c SOnneapoUs Wheat Market, MINNEAPOLIS, Minn., Feb. 1. Close: Wheat, May. SST8Sc; July. 80c; Sep tember, 8c. Cash, Nc 1 hard, 88 c; Nc 1 Northern. 86fS7c; No. 2 Northern, 84$85c; No. 2 hard Montana, S7c; No. 3 wheat, 82 fr83c New York Cotton Market. NEW YORK, Feb. 1. Cotton futures closed steady. Closing bids: February, 12.32; March, 12.29; April and May. 12.08: June 11.98; July, 11.99; August, 11.85; September, 11.44; October, 11.37; December. 11.38. Spot, quiet. Middling uplands, 13; do gulf, 13.25. No a ales. NEW ORLEANS.-Feb. 1 Spot cotton middling li16c. .- Naval Stores. SAVANNAH, Feb. 1. Turpentine firm 12 tn 42U.C: recetcts. 348: stocks. 21.276. Rosin firm; sales 15U1 : receipts 1555; ship ments, 115; siocks, U4.Do.-i. wuote: a , $4.95; C, D, $5.50: E. $600; F. $6,25: Q, $630; H. $6.35; I. $6.40: K, $6.60; M, $7.00; N, $7.05; wo, i. 15; ww, sa.zu. Metal Markets. ' NEW YORK, Feb. 1. The metal markets were quiet and practically nominal. Lake copper. 16.50 10.75c; electrolytic 16.50c; casting, 10 16.25c Iron, unchanged Dried Frnlt at New York. NEW YORK. Feb. 1. Evaporated apples quiet, fancy 7W'8c; choice, 6tt'6"c: prime, 56c Prunes barely steady. Peaches quiet. Wool at St. Louis. ST. T.OtTIS. Feb. 1. Wool, steady. Ter ritory and Western mediums, 21 & 25c; fine mediums, ib'uzoc; nne, io-imic. PUGILISTS' WIVES MEET MRS. KELSON AND MRS. WOl GAST GREET JOYFULLY. Telegram Received From Stanager Jones Says McFarland and Britton Will Fight. If Ad Wolgast and Battling Nelson, famous ex-llghtweights, ever exchange wallops again, the divorce courts will have two new domestic tangles to un ravel. Mrs. Ad Wolgast and Mrs. Fay King Nelson met last evening in the Wolgast apartments at the Imperial Hotel for the first time in a year, and, between kisses and sobs, vowed that an eternal Hague tribunal shall preside over the destinies of the warring factions here after. "Oh, I'm so glad to see yon," screamed Mrs. Battling Nelson, as she rushed delightedly past the portals of the man ... v, titol') n.l t " vnrM'ft ehamnlnnnhis from the Battler three years ago this montn. "Oh, Fay." ejaculated the startled U.d WAliraat - u shtt , - f rinl t right in bed and swunrr her arms in an arc of 45 degrees aDout airs. Bat tling Nelson's neck and shoulders, "vnti hnvpn't changed a bit. Mv. but it seems good to see you again." It would have taken a $75 a week court stenographer to have logged down the rapld-nre conversation that ensued. The fact that Mrs. Wolgast was sick in pea, as a result 01 a nam trip with he: husband on a ranch Durchasing quest near Nashville, cut no figure at all. The two suffragist Dantamweignts ...... n thai hoiirta tft each Other. n-t ,. ne .1. aancatinna VeddlDS at Hegewisch ten days ago were raked over with a flne-tootn como. "I'm as happy as can be," exclaimed the newly elected Mayor of Hagewisch. "Yes, and I'm learning to caajt. Sure a la Marquis of Queensberry! Every dish a knockout! Oh, I'm going to be some chef when I return to Denver to take apartments, about February 15." it-mmT-,i,in -nroltrant made no rjur- -i e .nnn.tv Hnrine- his absence. C11MBCB U . 1" I' - " ' and is rapidly acquiring a new wrinkle in footwork wnicn ie cans ruincii .shyness." "From now on when 7 go to look over property advertised to possess a fine home, 1 lle,itnow just, wim me are referring to, said he. "They mem . : - - fnr n tr T Wouldn't ask B. UllO J ' Willie Ritchie to sleep in those weve run across so far. And you Know now much I like Ritchie." . t,.,l a tlj.s-rlim from nuiKw, . - - Manager Jones from the East, con firming the signing oi articles, j ti.. i. U.Parlnnil tor fl. bOUt With Jack Britton. The Wolgasts will re main In Portland for another week. Clubhouse Will Be Discussed. A meeting of the Portland Motor Boat Club trustees will be held Tues day night at the clubhouse, to hear the report of the committee assigned to look for a suitable clubhouse site. C. W. Raynor, George J. Kelly and El wood Wilde comprise the committee. The women's auxiliary of the Portland Motor Boat Club will give a care party and dance on February 14, St. Valen tine's day. The membership of the new organization has reached 60. ST. JOHNS WINS DEBATE Parkplace High Victor In One Con test but Loses by ( Point. ST. JOHNS, Feb. 1. (Special.) In a dual debate between the St. Johns and Parkplace High School teams Friday night, the negative teams of both schools won. St. Johns, however, gets credit for winning the contest, as its negative team won a unanimous de cision of the Judges in the debate at Parkplace. while the Parkplace team received a 2 to 1 decision at St. Johns, thus giving St. Johns five out of a pos sible eight points. The question for debate was: "Re solved, that the electora 1 college be abolished and the President of the United States be nominated and elected by a direct vote of the people." The meanest man in the country lives In Richmond. Vs.. says the Cleveland Leader. He made his wife pay his poll tax and the voted against woman suffrage. ELECTION DATES FIXED LOCAL. OPTION" VOTIXG REGU LATED BY LAW. Attorney-General Says First Tuesday After First Monday in November Is Only Legal Day. SALEM. Or., Feb. 1. (Special.) In an extended opinion Attorney-General Crawford today rules that local option elections cannot be held spasmodically throughout the year, but must occur on the first Tuesday after the first Monday in November, with the regular state and county elections. The opinion is given In response to an inquiry from Mrs. Clara H. Hoff mann, president of the Women's Chris tian Temperance Union, of Metolius, Oregon. She asks whether the action of the County Court of Crook County was within the law in granting a pe tition for a special election on the wet and dry subject to be held February 28. The Attorney-General, after quoting the state Supreme Court, holds that the liquor question under the present law is not a local or city matter, but is a state or county question, and as such, the election must be held in con formity with the state laws. Although this opinion will have no formal effect In invalidating any elec tions, it will probably have the effect of staying some of the pending elec tions, at least until the Supreme Court passes authoritatively on the matter. In answering the query, the Attorney-General quoted that part of section 3, of the local option law, (which is section 4922 of Lord's Oregon Laws), which relates to the subject in ques tion as follows: "The election hereunder shall be held only on the first Tuesday after the first Monday in November of any year. The petition therefor shall be filed with the County Clerk not less than 30, nor more than 90, days before the day of election or If held at the time of a city election, then within said city or town by the Judges and clerks appointed and qualified under the charter of such incorporated city or town or under the laws of the state regulating such city or town election, and the returns thereof shall be made in conformity with the provisions of said general election laws. If, under the provisions of this act, an election shall be demanded wholly or in part in any incorporated city or town or any ward or precinct therein, to be held at the time of the city or town election occuring in a year in which there is no general election, then the County Clerk shall notify the proper author ity of such city or town that such election has been demanded, in order that such city or town authority may cause the official ballots to be pre pared in accordance with the provis ions of this act, and the City Auditor, or Clerk, or Recorder, as the case may be, shall make return to the County Clerk of the vote for and against pro hibition in the several precincits of said city or town, and thereafter said matter shall proceed as in the case of a general election." IMMIGRANTS UP TO TAFT Bill Now Awaits President's Sig nature Following Adoption. WASHINGTON, Feb. 1. The Immi gration bill in controversy between the House and Senate for several weeks finally was adopted today by the Sen ate in the form agreed on by the con ference. It now goes to the President for signature. The "certificate of character" pro vision, against which there was much protest, was eliminated, as was a pro vision which would have made it dif ficult to deport criminals. The chemistry of flower colors has been under close observation by a special com mittee of the British Association for the Advancement of Science fcr several yesrs. In the many, many cities of the North west, where it is be ing used itulithic is gaining a strong er and stronger rep utation, as time is proving its superi ority as a street paving. , . OVERBECK & COOKE CO. Brokers, stocks. Bonds. Cottaa, rain. Etc. Sl-217 BOARD OK TRADE IIXDG. MUMBEKS CHICAGO BOARD OK lHAUt CorreponoMt of Lonan Brys Cfllcas and ftvtv fork. MEMBERS w Yrk Stock Kxrbance, Cblcaito fetovk EirhaiiKF, Boston Stock bxebantee, 1 htcaKO Board of Trade levv ark Cotton ttxcliantce, New Orleans) Cotton Licbtioga) evf Vttrk ColJe fexcuaufce, ew ork Produce Excbauna. Liverpool C'oiloa Am'b. J. C. WILSON & CO. ,'IULit.S, HO.MJS, OUAl A.U COS lu. MEMBERS lkBW TOUK sluth aCXCHA.XOa. kb.W luUk COT10. klALUA..tC CUICAUU UU.tllU OS-' ittAUU. lUb. tiutK A NO UO.U s,iaa.G, , BAN -UA.tlCO. P0ETLAND OFFICE: Lewis Building, 269 Oak Street, Pbenes Marshall 4120. A 4187. TRAVELERS OC1UE. COOS BAY LINE STEAMER BREAKWATER sails from Alnsworth Dock, Portland, at A. M Uecember o, ana thereatter every Tuesday evening at 8 V. M. Irulk-Ut re ceived daily extept Tuesdays p to 0 P M. Tuesdays up to S P. M. Passenger faros. First-class. 10; second class. 7. luclu". si berth and meals. Ticket office at A I worth Dock. The Portland Coo. Bay Line, L. 1L Keating. Agent.