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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View This Issue
TITE SUNDAY OREGONIAN, FORTTLAXD. OCTOPKT? 26, 1913.
CULLS TO BE SUE
Harrison Line Plans Regular
Service to Portland.
TRANSFER PORT TALKED
Manager Talbot Declares That Only
Faster Liners Will Eake Through
Run Slower Ships Handled
Via Panama City.
Desiring to retain recognition as the
pioneer European line on the Pacific
Coast, the Harrison line, which has a
fleet of modern steamers running to
San Francisco and Puget Sound on
schedule, with intermittent calls here,
intends sending larger ships to the Pa
cific Coast, and they will visit Portland
regularly. Davies & Fehon. who handle
Immense amounts of lumber from the
North Pacific Coast to Australia, say
they will send as large vessels to the
Columbia River as can be accommo
dated and profitably nancaea. wnne
other firms, directing tne movemenu
of tramps and liners, have their gaze
focused on this section ior tuture duoi-
M. Talbot, manager of the Port of
Portland who is at home irom a dus,i
ness trip to the Golden Gate In the
interest nf the towine and piloting and
drydock departments, brings news of
the maritime benefits that are In store
for this port. He sayg there is a grow
ing impression that when the Panama
Canal is in use there win not db bu
manv flneta running through from
Kurope, as has been assumed, for Pan
ama, on the east coast. Is being eyed
the nrobable transfer point. Many
cargo consignments will be discharged
there and forwarded to (jauiornia, uio
fron and Washington on vessels mak
ing the through run.
Mr. Talbot savs there is, of course,
no feeling that all trade will become a
'transfer proposition, or that tnere win
not be several lines maintain a direct
service from Europe, but some of those
projected are expected to find that the
ones with fast schedules and greatest
Influence will reap the bulk of the
business, and return cargoes from this
side will not be sufficient for several
years to fill the tonnage that may
San Salvadore steamship Interests
are said to be the latest to become in
terested in a line to Northwest har
bors, and the possibilities are under
various interests as to the outlook for
commercial business, should a wireless
plant be re-eatablished here.
A. R. Ginman. manager of the com
pany on the Coast, with headquarters
at San Francisco, has been interested
in the plan, and Mr. Irwin's coming is
a result of the venture having been
proposed to him. Should an areo be
raised, it will be the property of the
company, not a plant used jointly with
an organization or individual.
STKA5EER GANGWAYS WIDENED
Alaska Dock Site Being Cleared, but
New Wharf Not Planned.
Minor innovations being carried out
by the San Francisco & Portland line
for the accommodation of the traveling
public, as .well as to save time in
handling passengers, include the Intro
duction of wider gangplanks for steam
ers, and the present style, wide enough
only for one person, is to be discarded
soon for a double plank. That will
mean that the opening in the railing
of each steamer will have to be en
larged. The scheme has been tested
on the steamer T. .1. Potter, of the river
fleet, and on one or-oion 275 persons
were loaded In ten minutes.
The 0.-W. R. & N. management has Rear. ..."
started a gang of men clearing and .loanoke.
burning debris about the Alaska dock Rose City
site and removt.it all accumulation!
Shaver Cats Through Guard and Into
Hull of La Center.
Her pilot having mistaken two
whistles given by the steamer Shaver
to the steamer Alarm, as intended for
her, the sternwheeler La Center crossed
the bow of the Shaver off St. Johns at
midnight Friday and was struck for
ward of the engine-room, the stem of
the Shaver cutting into her hull about
four feet. The La Center was beached
adjoining- the plant of the St Johns
Shipbuilding Company, where she will
be repaired. United States Inspectors
Edwards and Fuller will investigate
the accident this week.
The Shaver left Portland soon after
11 o'clock and was bound downstream,
while the La Center was en route here
from the Lewis River. As the vessels
approached, the Shaver's whistle was
sounded once, the La Center answering.
The Alarm was bound here with a log
raft and two whistles given her by the
Shaver were mistaken by the skipper
of the La Center, who is said to have
answered, and then changed his course.
There was no one injured.
As no steamer has been officially an
nounced to sail from Portland In De
cember for the Royal Mail, other than
the Den of Alrlie, which may be ad
vanced so she can depart the latter
part of the month, the recently char
tered steamer Harpagus will probably
be dispatched. The British steamer
Orteric, also taken, may be sent direct
from the coast to London via the
Straits of Magellan. The British steam
er Vennachar was reported yesterday
to have been engaged by the Royal
Mail for one round voyage from Japan
to the Coast and return.
In completing her cargo for Califor
nia the steamer Daisy Qadsby is to
shift today from St Helens to Prescott
and goes later to Rainier an'l West
port After making two trips to Nestucca
the gasoline schooner Delia is to be
ordered out of commission for thi Win
ter. She arrived Friday night 6ni nails
About 400 tons of cargo was hrouprht
by the steamer Mayfalr, which dis
charged at Couch street yesterday. She
loads for San Francisco with grain
under deck and is to work a deckload
Owing to the late arrival of the
steamer Alliance from Eur.ika md Coos
Bay her sailing from hero has been
postponed until tomorrow night.
Hudson Mam Found Unhurt.
ASTORIA, Or., Oct. 25. (Special.)
This morning Captain Veysey, Lloyd's
surveyor, assisted by Fritz De Rock, a
diver, made a survey of the Japanese
steamer Hudson Maru, which was
aground for a couple of days near the
mouth of the Willamette River. The
vessel was found to be uninjured and
she will proceed to sea tomorrow.
ENGLISH HOPS FIRM
Decline in Foreign Markets
Has Been Checked.
STRENGTH ON CONTINEN
Revival of Buying for Export Ac
count in Oregon Expected in
Coming Week Sale Is
Made at 24 Cents.
DUE TO ARRIVE.
Beaver. .......... .Los Angeles. .
.Tillamook. . . .
Ran Diego. .
Rue H. Elmore
Kreakwater. . .
. In port
. Oct. 28
from the roadway, but nothing has
been given out about a new dock there.
Repairs are being made to Ainaworth
dock, v.hlcn inctucio the building of
another roadway leading from the
lower dock to Front street.
BARK DKUMMOR PURCHASED
Hind, Iiolpli & Co. Take Over An
other British Ship.
Hind. Rolph & Co., of San Francisco,
owners of the British ships Golden
Gate and Wm. T. Lewis, as well as u.
coastinjr fleet, have added to their
square-rigged tonnage through acquir
ing the British four-masted iron bark
Drummuir. which was sold by the
Barneson-Hibberd Company. The ves
sel is within the Golden Gate, being
prepared for a voyage from the Coast
to Sydney with lumber.
The Drummuir has been in the coal
trade between Newcastle and San Fran
cisco for several years. She was built
at Liverpool in 1882. Another San Francisco-owned
ship headed here Is the
British bark Yeoman, which, like the
British ship Lord Templeton, now load
ing at Prescott, is owned by Eschen
& Minor. The Yeoman was towed by
the steamer Falcon and arrived in the
river yesterday. She loads lumber here
for South Africa,
RATES APPLY NOVEMBER
Through rates decided on by trans
continental railroads having North Pa
cific Coast terminals, by which sh
ments originating In the Eastern ter
ritory can be routed by rail and water
to the Far East, as well as consign
ments from over the Pacific being sent
to any destination in the United States,
bo into eriect November 1. .
The Northern Pacific, Great North,'
ern and O.-W. R. & N. participate In
the tariff and commercial Interests are
sure that large firms beyond the
Rockies handling electrical and steam
machinery and countless shipments of
a less bulky character, will route via
Portland to have their stuff forwarded
on steamers of the Royal Mail and
Hamburg-American fleets. Others im
porting from the Orient will be Im
portuned to Indicate the same routing.
GRAIN TONNAGE PLENTIFUL
Some of En Route Fleet Disengaged
and Others Offering.
Exporters checking over the list of
carriers Douna nere to work grain
cargoes for Europe have concluded that
there are abundant facilities prospec
tive to take care of grain to be moved
during the forthcoming two months
and do net expect chartering to reopen
Few ships are offering and with the
Inverurie, en route from Buenos Ayres,
and the Howth. coming from Newcas
tle, N. S. W., not having homeward en
gagements, they will be available later.
Dickering is going on with Japanese
interests for wheat, but nothing has
been sold for a week. Large lots are
under contract on this side for ship
ment across the Pacific during the
next two months.
PLAN FOR WIRELESS GROWS
Executive of Marconi System to Look
J. R. Irwin, of Seattle, assistant man
ager for the Marconi Wireless Tele
graph Company, is looked for In the
city this week to consult with the Port
of Portland, Chamber of Commerce and!
. . . .Los Angeles.
. .. . San Diego. . .
. ...Ean Pedro. . .
Name. For. Date.
Alliance Coos Bay.. Oct. 2T
Yale S. F. to L. A Oct. 27
Beaver Los Angeles Oct. 28
Breakwater Coos Bay Oot. 28
Sue H. Elmore Tillamook Oct. 28
Tamalpaia an Francisco.. ..Oct. 28
Harvard J3. F. to I A Oct. 2'J
Columbia ....San Francisco.. ..Oct. 29
San Hamon Pan Francisco. .. .Oct. 29
Yucatan Ean Franclaoo. . . . Oct S'J
Northland Los Angeles Oot. 81
Hear Los Angelas Nov. 2
Roanoke San Diego. ....... Nor. 0
Rose City Los Angeles Nov. 1
EUROPEAN AND ORIENTAL
C. Ferd Laelsx Manila..
Den of Glamla London.
Den of Alrlie
C. Ferd Laelsx. . .
Den of Glaraia. ..
Den of Alrlie
Hamburg. . .
. .Hamburg. . .
, .Hamburg. . .
. .Hamburg. . .
. . Nov.
. . Dec. S
. . Dee.
Marconi Wireless Reports.
All Position Reported at 8 P. M. October S,
Unless Otherwise Indicated.
Northwestern. Nome for Seattle, tUJtf miles
west of Cape Flattery.
Chanslor, Port fian Luis for Everett, 2115
miles from Everett
Drake, towing -barge 93. San Francisco
for Seattle, 3a miles north of the Colum
Falcon. Astoria for Seattle, 12 miles north
of the Columbia River.
Atlas, San Francisco for Portland, BO
miles north of Kan Francisco.
Lansing, Vancouver tor Port San Luis,
600 miles north of San Francisco.
Oliver J. Olson, Portland for San Fran
cisco, 27 miles south of Yaquina Head.
Lucas, Seattle for San Francisco, 877
miles north of fan Francisco.
Admiral, Sampson, Ketchikan for Ju
neau, off Lincoln Island.
Mariposa, Seattle for Cordova, arrived at
Cordova October 24.
President, Seattle for Vancouver, off
Movements of Vessels.
' PORTLAND. Oct. 25. Arrived Steamer
Alliance. from Eureka and Coos Bay;
steamer Oleum, from Port San Luis; steam
ers San Ramon and Tamalpaia, from San
Francisco. Sailed Steamers Wellesley and
Yellowstone, for San Francisco.
Astoria. Oct. 25. Arrived at 2 A. M. and
left up at 1 P. M. Steamer San Ramon,
from San Francisco. Arrived at 6 and left
up at 8 A. M. Steamer Tamalpais, from
San Francisco. Sailed at 8 A. M. Steamers
Oliver J. Olson and Saginaw, for San Pedro;
steamer Bowdoin. for San Diego. Arrived
at 11:30 A. M. Steamer Oleum, from Port
San Luis. Arrived at 11:80 and left up at
2 P. M. Steamer Alliance, from Eureka
and Coos Bay. Arrived at 2:20 P. M.
British bark British Yeoman, from San
Francisco in tow steamer Falcon. Left up
at 4:45 P. M. Steamer Oleum.
San Francisco, Oct. 2S. Arrived at 7 A.
M. steamer Roanoiw. from Portland. Ar
rived at 1 P. M. Steamer Camino, from
Portland. Mailed last nlgnt steamer North
land, for Portland.
Coos Bay. Oct. 25. Sailed Steamer
Breakwater, for Portland.
San Pedro. Oct. 25. Sailed Steamer
Bear. tor Portland. sailed yesterday
bieamer r.. . vance, ior uotumoia Klver.
Seattle. Oct. 25. Arrived last night
British steamer Monannocg, irom Portland
Los Angeles, Oct. 25. Arrived Steamers
Mandalay. Crescent City. Sailed Steamers
Bear, Daisy. O. M. Clark, for Portland ;
Nchalem. for Grays Harbor; San Gabriel,
for Umpqua River.
San Francisco, Oct 25. Arrived Steam
ers Isthmian, Admiral Farragut, El Se
gundo, barge 91, from Seattle; Roanoke,
from Portland; Pleiades. from Astoria.
Sailed Steamers Virginian, Francis H. Leg
gett. Governor, for Seattle; Santa Barbara,
for Wlllapa; Coronado, for Grays Harbor.
Raymond. Wash., Oct. 25. (Special.)
Passenger steamer Santa Monica arrived
th! A. M. from San Francisco.
Hongkong, Oct. 22. Sailed Steamer Em
press of Japan, for Vancouver.
London, Oct. 25. Arrived Steamer Falls
of Orchy, from Portland, Or.
Seattle. Wash., Oct. 25. Arrived Steam-,
ers Dolphin, from Santa Ana; Bertha, from
Southeastern Alaska; Sado Maru (Japanese),
from Yokohama; Argyll, from Port San
Luis; Gleneden (British), from Vancouver.
Sailed Steamers Victoria, for Nome: Nava
jo for San Francisco.
Port Ludlow. Wash- Oct. 25. Arrived
Steamer Tiverton, from San Francisco.
Tides at Astoria Sunday. ' .
10-19 A. M 8.2 feet!4:0S A. M O.t foot
10:86 P. M....7.7 feet4:46 P. M 1.4 feet
Hopmen look for a revival of Eng
lish buying in the comintT week. The
foreigners, by keeping out of the mar
ket for the past 10 days, have sue
ceeded in getting the price down to a
point where they are more interested.
It Is also evident that they have been
successful in beating down the price
In England. It may have been to ac
complish this latter result that they
bought so heavily in America after the
At any rate, the decline abroad has
been checked, and it is believed that
purchases of English hops from now on
will be large. In this country the
bearish tactics did not make much im
pression, except on the lower grades of
hops. Holders of choice goods are no
more disposed to sacrifice them now
than earlier In the year. The sagging
tendency of primes and mediums has
proved a boon for the short sellers, who
closed up many of their accounts which
had been left open after the slump
early in October.
A cable received from London yes
terday said: "Market inactive, firm,
but unchanged. Continental markets
It is estimated that between 85.000
and 90,000 bales of hops have been
bought in the United States to date for
export, while purchases for domestic
account are figured at 135,000 bales.
It was reported yesterday that E. C
Kirkpatrick had sold loO bales to Dur
bin for Wigan. Richardson & Co., at 24
cents. Bishop bought the Nightingale
crop of 200 bales at Dallas at 21 and
22 cents. He also paid 21 cents for the
Sharp lot of 160 bales and the Brown
lot of 70 bales, both at North Yamhill.
Two small lots In the same section were
sold at 20 cents. H. L. Hart bought a
carload from John Murray and George
Rosich, of Aurora, and 230 bales in the
Silverton and Forest Grove sections.
The market in Washington was quiet.
MoNeff Bros, paid 20 cents for the 75-
bale Anderson lot of Yakimas. Since
the season opened 1900 bales have been
shipped out of Puyallup to England.
NEW ZEALAND'S EXPORTS ARE LARUE.
Shipped Nearly Fifty Million Pounds of But
ter in Past Year.
The probability of the importation
of food products from New Zealand
gives interest to a trade report Just
received from Vlce-Consul-General L.
A. Bachelder at Auckland. The total
exports of butter from New Zealand
to the United Kingdom from Septem
ber, 1912, to July 31, 1913, were 578.625
boxes of 66 pounds each, and to Can
ada 113,305 boxes, or more than double
the quantity (53,112 boxes) the pre
The exports of frozen mutton, beef
and lamb total 282,800,792 pounds for
the year ended June 30. The figures
for the first six months of 1913 show
a considerable Increase In lamb ex
ported, with a small falllntr off In
quantities of mutton and hepf. The
comparative figures for the six months
ended June 30 are as follows:
Mutton !H.374.02 1)5.6.18,123
Lamb S9.413.1S0 101.201.S70
Beef 23,630.001 21.010,813
Wool exports show considerable In
crease, with prices well maintained.
Great interest is taken in the Dominion
in the modification of the United States
tariff in regard to wool, which pro
ducers expect to cause a much greater
demand for this product of New
LACK OF TRADING IN WHEAT MARKET.
Some Demand From Orient, But at Low
The grain markets were decidedly
slow at the close of the week. About
the only demand for wheat was from
Oriental buyers, and their bids, as a
rule, were a cent under the market
In spite of the inactivity, prices were
maintained at a steady level by hold
era. The demand for oats and barley was
also slow. Prices were unchanged.
Local receipts, in cars, were reported
by the Merchants Exchange as follows:
Wheat. Bar. Fir. Oats. Hav.
Year ugo ....
Total this wt
Year ago ....
Season to dat
Year ago ....
173 87 16 16 20
77 22 7 4 13
40 7 13 3 13
65 14 10 S t.
l3 17 13 4 12
61) 5 12 3 6
78 14 7 4 9
517 102 71 33 69
613 77 61 37 53
6570 1151 804 750 846
6666 819 702 643 709
BANANAS COMING BY SOUTH ROVTB.
Last Shipment This Year Over Northern
Pacific Is Received.
The last banana train over the North
ern Pacific this year arrived yesterday.
There were four cars for Portland and
they were delivered In fine condition
The first Southern Pacifio shipment
will be in Wednesday. The bananas
were reported out of Los Angeles yes
terday in good Bhane.
Very few peaches were received yes
terday. There Is still a good sjpply cn
the street, but the stock is being
worked off and the market is firmer.
Good grapes were firm at $1.35 for
Tokays and $1.25 for Malagas. Local
grapes that showed the effect of rain
were hard to move.
A car of cranberries Is due Wednes
day. The market is firm and the fresh
shipment will probably sell at $9.
Former receipts have been closely sold
coma for the past week and eorespondlng
week In former years were
1904 .. 4.374.117
1. $84. 4 13
PORTLAND MARKET QUOTATIONS.
Grain, Flour, Feed, Etc
WHEAT Track prices: Club, 78c;
bluestem, 88c; forty-fold, 7tfc; red Russian,
77c; valley, 79c.
FLOUR Patents, 94. 50 per barrel;
straights, $8.90; exports. $3.55ig!3.70: valley,
14.50; graham. $4.40; whole wheat, $4.60.
OATS No. 1 white, $25 per ton.
CORN Whole, $37; cracker, $38 per ton.
MILLSTUFFS Bran, $22 per ton;
shorts. $24 per ton; middlings, $30 per ton.
BARLEY Feed. $34 per ton; brewing, $25
&25.50: rolled. I28iu2.
HAY No. 1 Eastern Oregon timothy, $15
6 16: mixed timothy, 11214: airaira. 113
clover. $8.50: valley grain hay, $11 13.
CLOVER buying price, xancy re-
cleaned, 96Vo per pound f. o. b. shipping
Fruits and Vegetables. '
Local jobbing quotations:
TROPICAL FRUITS Oranges, $0 per box;
lemons, $8tft0 per box: pineapples, 7c per
pound: bananas, 414 3e per pound; pome
granates, $2.25 per crate; grapefruit, $8.80
7 per box.
ONIONS Oregon, $2.00 per sack; buying
price. M.75 f. o. b. shipping points.
VEGETABLES Beans. 7c per pound:
cabbage, lle per pound: eatilif lower, $1
P 1.2j per dosen ; cucumbers, 26c per aozen;
eggplant 7c per pound; head lettuoe, $1.50
2 per crate; peppers, 57o per pound;
radishes. 109120 per dozen; tomatoes, 50c
S1.50 nnr box: e-arllc. lflfi'12Vic pound;
sprouts, 10$ 11c per pound; artichokes, $1
per dosen; squash. l4c per pound; pump
kins. 14 a per pound; celery, 60 75c per
POTATOES Oregon. 00effl$l per hundred;
buying price, 758'85o at shipping points;
sweet potatoes, $22.25 per crate.
BKhjE.N FRUIT Apples. MC3)I.U per
box; cantaloupes, $2.25 per orate; peaches,
2550c per box; prunes, 3c per pound;
pears, $1.25(111.50 per box; grapes, 60c
$1.35 per crate. 10M214c per baBket: casa.
tas. zc per pound; cranberries, ss.Dt(Sv pe.
Dairy and Counfry Produce.
Local Jobbing quotations:
POULTRY Hens. 14iffl414ci Springs,
14Vc; turkeys, live, 2021c; dressed,
ISo; ducks, ll12c; geese, 12c.
EO'jH Oregon fresh ranch, candled
CHEESE Oregon triplets, 17o; daisies,
17Vjo; Young Americas, 18o.
BUTTER Oregon creamery butler cuoes,
S4o per pound; butter fat, delivered, 84c per
POKK Fancy, 12c per pound.
VEAL Fancy, 13 He Pr pound.
Local Jobbing quotations:
SALMON Columbia River, one-pound
tails, $2.25 per dozen; half-pound flats, $1.40;
one-Dound flats. S2.45: Alaska. Pink, one-
pound talis, 85o ; sllversldes, one-pound tall.
HONY Choice. Sl.25a3.75 Der ease.
NL'TS Walnuts. IO'ac Der pound: Brazil
nuts. 21c; filberts. 1515tec: almonds, ski
:ic: nomuts. HlrStee: cocoanuts. 90cffi$i
r.er dJzan; chestnuts, ISc per pound; hick
orv nuts, Sjj lOc; pecans, 17c; pine, 17 4i
BEANS Small white, 6c: large white.
4y,c; Limn. 6.30c; pink, 4c; Mexican, 5o;
SUGAR Fruit and berry. $5.10: Honolulu
plantation, $3(V5; best. $4.90; extra C, $4.60;
powdered, barrels, $5.35; cubes, barrels.
CUKFEB Roasted, In drums, ismjia per
SALT Granulated. $14.00 per ton; nair-
ground, 100s. $10.25 per ton; 50s, $11 per
ton; dairy. $12.50 per ton.
RICE No. 1 Japan, 55Hc: cheaper
grades, 4c; Southern head, 66a.
DRIED FRUITS Apples, luo per pound:
apricots, 12 14c; peaches, 8llc: prunes.
Italians, SffflOc; silver, 18o; figs, white and
black, 'i'ale: currants, 9c; raisins, loose
Muscat el, (imTTfta, bleached, Thompson,
11 o; unbleached. Sultanas, 3c: seeded.
ttc: dates, Persian, 7Sc per pound; hard,
$1.05 per box.
Local Jobbing quotations:
HAMS 10 to 12-pound average. 21922c:
to 14 pounds, 2122c; tootled, 22c:
skinned, 21 4c i2 V4 c ; picnic, 15c.
BACON Fancy. 29ttffi30ic: standard.
LARD Tierce basis, pure, 13Ho; com
DRY SALT MEATS Backs. 15Vt17c:
bellies, 10c; plates, 120.
MISCELLANEOUS Extra mess beef, $21
r barrel; extra plate beef. $22.50: pork
feet. $11 per barrel; tripe, $1012 per bar
rel; bologna sausage. 13c per pound.
Hops, Woof and Hides.
HOPS 1913 crop, prime and choice. 22
4c nominal; 1012 crop, nominal.
PELTS Dry. 10c. Spring lambs. 4060e:
HIDE'S .Salted hides. 13c per Ib.j salt
ip. 1314c; salted calf. 18c: green bides.
-2c; dry hides. 23iAc: dry calf. 25c: salted
bulls, no per pound; green bulls, 78c
wuol vtlley, 161818c: Eastern Oregon.
1 B Hie.
.MOHAIR 1913 clip, 2527c per pound.
CASCARA BARK Old and new. So Der
CHANGES ARE SMALL
Narrow Fluctuations in Wall
Street Stock List.
COVERING CAUSES GAIN!
Better Tone Evident In Speculation
During AVeek Less Anxiety
Over Banking and Cur
Cotton of 1913 Ginned.
WASHINGTON. Oct. 25. Cotton of the
growth of 1918 ginned prior to October 18
mounted to o,!au,oe3 bates, the census
Bureau announced today. Round bales in
cluded 49,024. Sea Island bales, 30,890.
Ginnings by States:
Alabama. 39,507: Arkansas. 324.509:
Florida. 85,845: Oeorgia. 1,298.048; Louis-
ana. 161.605: Mississippi. 430.003: North
Carolina, 262,038; Oklahoma. 396.511; South
Carolina, 615,884; Tennessee 131,621; Texas,
434,103: ail omer states, a,38a
Ginning of Sea Island's cotton by States
Florida. 12.259: Georgia. 17.864: South
Carolina, 817. f
NEW YORK, Oct. 25. The metal mar
ets were dull and practically nominal. Cop
per remains firm. Lake, 1717.25c: electro
lytic, 16.87ttc; casting, 16.50i916.76o. Thess
quotations being cash deliveries in 30 days.
Chicago Dairy Produce.
CHICAGO. Oct. 25. Butter and eggs, un
changed. Receipts, eggs 4623 cases.
Duluth Linseed Market.
DIXUTH, Minn.. Oct. 25. Close Linseed,
1.35; October, $1.83; November, $1.83.
NEW YORK. Oct. 25. The small
fluctuations in stocks which occurred
today grave no indication of the trend
of speculative sentiment. Trading was
unusually light, but the small offer
ings made were sufficient to depress
The customary week-end covering
late in the session caused a slight up
turn, which restored the list to about
a parity with yesterday's final range.
There was a general disposition to
await developments of the next few
days, as was shown by the lack of in
itiative on either .side of the market.
Damage to the corn crop In the
Southwest was reflected In Atchison's
September statement, which showed a
decrease in net earning's of $241,000.
Northwestern's net fell off $106,000,
while Northern Pacifio made a gain of
$239,000 'in net revenue.
The bank statement did not make as
strons a showing as had been expect
ed. There was a cash loss of $1,767,000
Instead of the predicted gain of about
that amount and a small shrinkage in
the reserve. Sterling exchange fell to
a new low point for the year, being In
fluenced by the large exports of cot
ton and grain.
Bonds were steady. Total sales, par
value, $695,000. United States regis
tered 2a advanced the 2s coupon
1, the 4s and Fanama 2 li on
call on the week.
The stock market of the week re
vealed a better balance . between the
opposing parties to speculation than
for some time past. This resulted In
shifting markets, as first the bullish
and then the bearish view prevailed
Arguments derived from Government
acts of policies were given most force
on the side of recoveries in stocks
while financial and trade considera
tlons still constituted a "drag on the
Much capital was made of the ad
vance In freight rates allowed to the
railroads by the Interstate Commerce
Commission In the Missouri "River ter
ritory. The amount of increase in rev
enue for the railroads in the aggregate
is small. Nevertheless, some sweeping
Inferences were drawn from the decis
ion, because of Its possible bearing on
the wider question of the general ad
vanoe in rates asked for by the East
Reports from the steel trade also
threw into prominence the supposed
necessities of the railroads for In
creased compensation In order to stim
ulate their demands for a material ad
vance. Steel prices and even pig Iron
prices showed a soft tone. Current
consumption, however, continues large,
The same Is true of general trade, in
spite of the fact that hand to mouth
buying Is adhered to In many lines.
There was less anxiety over the sub
ject of banking and currency legisla
tion, because of the belief that changes
would be allowed which will increase
the favor of bankers toward the meas
ure. United States 2s scored a smart
recovery in the market price.
Domestlo money conditions moved
money with greater ease with the ap
proach of satisfaction or Interior de
mands on reserve centers. Rapid mar
keting of the crops as well as the ef
fect of deposits of treasury funds con
duced to this result. No marked re
laxation of the tightness in the gen
eral market for capital has occurred.
Frost damage to cotton and the Mex
ican news were factors to disquiet.
FEDERAL INCOME TAX LAW
r Employers .Must collect tne
teginning tux of Employ. j qh Incur
Employers Must Collect the
Tux of Employes.
TrnantH Collect the Tnx of
Corporations Collect the Tnx
Mortigaavosa LemHeCH, Truntfes,
Asrnti, HecclvcrN and Other
Moat Make CollectioBN at the
GET THIS LAW WITH
AN ANALYSIS OF THE ACf AND EXPLANATORY NOTES
By LUTHER F. SPEER
Deputy Commissioner of Internal Revenue, United States Treasury
"The bent flrnt ilil to pussled taxpayers now obtainable. N, V. Sun.
Published by The Corporation Trust Cvmpnny, New Tork, Washington, D. P.,
Philadelphia, Pittsburg, t'hlcaico, St. Lnui.s, Jersey city. Portland. Me., Wilming
ton, Del., Camden, N. J., and Corporation Heclstratlon Company, Bostun.
PRICE 25 CEXTS.
If you cannot obtnln
' On Mitle at all newftstsnils and bookiitorea.
copy at neivaHtnnd write to our nearest office.
Government bonds, easy; railroad bonds,
LONDON, Oct. 26. Bar silver steady,
27 per cent.
Money, 3W'tfS4 per cent.
Hate of discount In the open market for
short bills, 44 per cent; three months' bills,
15-16 per cent.
SAN FRANCISCO, Oct. 25. Silver bars,
60c; Mexican dollars, nominal. Drafts, sight,
,UUV; do telegraph, .03. Sterling In Lon
don, 00 days, 4.S1; do sight, 4.S.".H-
SMALL DECKEASE IX RESERVE
Expected Cash Gain Not Shown br Bank
NEW YORK, Oct. 25. The statement of
the actual condition of clearing-house
banks and trust comuanles for the week
shows that they hold IH.2S7,250 reserve
in excess of legal requirements. This Is a
decrease of $1.3M,10O from last week. The
Net deposits .
i... 11.01 1. 008.000
ABSORPTION IS TEMPORARY
CVBE BITTER BASIS IS MAINTAINED.
Eetrs I Irro With Supply Less Than Require
ments. The butter market is fairly steady at
the 34-cent basis for cubes. There has
been some shading: of the price of
prints, but creamery men look for im
provement in the coming week. Cheese
is holding steady.
The egg market is firm with 43 cents
quoted on candled Oreg'ons.
Poultry receipts were not laripre, but
the market dragged and some chickens
had to be carried over, as buyers
would not offer over 14 cents.
Veal closed firm and pork was
Prices of Onions Advanced.
Association onions will sell in the
coming week at $1.75 f. o. b. It is
not likely that many cars will be
offered, as the growers are too busy
finishing their farm work to get
them out. Six cars were sold in the
past week at $1.60.
Bank clearings of the Northwestern cities
yesterday were as follows:
Portlund 12.701. 1S2 $11)3,785
Seattle 2,572.1R." 305.967
Tacoma 320.184 37.6I3
Spokat.e , T3S.2ti3 80. 770
Clearings of Portland, Seattle and Ta-
Transfer of Willamette Valley liine
Is for Economy Sake.
EUGENE, Or., Oct. 25. (Special.)
That the Southern Pacific is taking
over the steam lines of the Portland,
Eugene & Eastern only as a factor In
a general retrenchment policy, to save
duplication of operating expenses and
that as fast as the Portland, Eugene i
Eastern is electrified the lines will re
vert to Independent control, was the an
nouncement made here Friday by I R.
Fields, superintendent of the Southern
Pacific lines in Oregon, who, with other
officials, made a trip of inspection over
the Portland, Eugene & Eastern to Cor
vallis. He was accompanied by F. M.
Slefer, division engineer of the South
ern Pacific, and by H. A. Hinshaw, gen
eral freight agent. They came from
Albany this morning on a gasoline rail
road automobile, took dinner here and
left immediately for Corvallls.
"The change, so far as I can see, af
fects only the steam lines," said Mr.
Fields today. "As long as these roads
are operated by steam they will be op
erated by the Southern Pacifio Com
pany. When they are electrified they
will be the Portland, Eugene & Eastern
lines. I understand that Mr. Strahorn
remains at the head of the Portland,
Eugene & Eastern, and that the oper
ating of the electric lines are not af
fected by the change.
"You see there are three branches of
the Portland, Eugene & Eastern line
operated by steam that from Corvallis
to Eugene: that from Willamtna to
Sheridan and that from Canby to Mo
lalla. Each of these are joined to the
Southern Pacific and Instead of making
different trains over these branches, the
trains will continue as Southern Pa
Three states have been added thus far
during the year to the number of states
now using either the indeterminate sen
tence probation or parole systems. These
are Maine, Nevada and Oregon.
cash reserve in bank.
at aca ldn I . r. . .-..-, ' a IIO
; 38.000. Excess lawful reserve. $11,287,250;
decrease, $1,3W.100. Trust companies" re
perve with clearing-house members carry
ing 25 per cent cash reserve, $50,404,000.
Summary ot state banks and trust com
panies in Greater New York not InoluUed
In cte&ring-nouse statement:
, . .$551,583,010
. .. fll.82,90o
. .. 606,17S,5UO
Reported by Overtieck & Cooke Co., Board
of Trade building. Portland.
Atchison eeneral 4s 03
Atlantic Coast Line 1st 4s !t4
B & O gold 4n
B It T Is 85
('lies &O 4"!;S 3
C II & SI P gen 4hs
C R I col 4s Bli
Cal Gas ,is
C B Q Joint 4s
Erie general 4s
Int Met 414s
Louisville A Nashville uni 4s
Missouri Pacific 4s
NYC gen 3',is
N & W 1st con 4s
Northern Pacific 4s
Oregon Short Line ret 4s...
Orecon Ily Nav 4s
Pacific Tel 5s
Penna con 4s
Reading general 4s
St L 4 S F rf( it
Southern Pacific rof 4s
Southern Pacific eol 4s 93
Southern Railway 5s 10.1
Southern Rnilwsy 4s 7314
Union Pacific 1st and ref 4s... nl
United States Steel 5s PS
West Shore 4s
Weslinghuuso Elec conv 5s
Wisconsin Central 4s
1'nltert States 2s registered .
United States 2s coupon....
United Slutes .'is registered.
United states 3s coupon....
United States 4s registered.
United States 4s coupon....
. . 50
. . 01
. . M
. . 07
. .1"2 '.4
. .! 21i
Coffee and Sugar.
NEW YORK. Oct. 25. Coffee market
quiet but Bteady today. The opening was
two to "Ive points higher and active months
sold 4o to 8c net higher, closing steady,
net unchanged, to ttu higher. October,
10.15c: December. 10.31o; January, 10.43c;
March. 10.07c; May, lO.OOo; July, 11.10c
pot quiot. Rio No. 7, 104c; Santos No.
4. 13Vto. Mild quiet. Cordova, is v j iukc
Raw suinr firm. Muscovado. 2.0861,1. 04c
centrifugal. 3.48,3.54c; molasses, 2.73
S.71c. Rotlned quiet.
Naval Stores. .
SAVANNAH. Ga.. Oct. 23. Turpentine
firm. 42 cents. Hales. 493: receipts, 21)j
stocks, 28..450; shipments, 1179.
Rosin firm. Sales. 234; receipts, 1002
shipments 15D.V stocks. .154.517. Quote
A. B. C. D. E. $3.R0: V. $3.45; O, $3.45
8.5714; H, $3.5fi3.57; I, $3.5563.00; K,
S.4.MH14.20: M. t4.504.80: N. $5.40; WO
$0.20; WW, W.hO.
Dried Fruit at New York.
NEW YORK. Oct. 25. Evaporated np
pies easier. Fancy, 84 914c; choice, 1W
olie; prime, TXWTtsO.
REACTION ii'i CATTLE
CABLES ABE BETTER
Wheat Market Steadies After
MARKET EASIKR, AS. USUAL
TIME OF YEAR.
Slarp Decline in Hoc Prices During the
Week Sheep Are Slow and
Only two heads of stock were received
at North Portland yesterday and the var
ket was oulet. as customarv on the clos-
ing day of the week. A few cattle sales
were put through at prevailing prices The
arrivals w 13 cattle, a calves and 73
hogs. The shippers were: C. E. Luoke,
Canby, 1 car cattle, calves and hogs; M. G.
Barton. Forest Grova, 1 car cattle and
The sales in detail were as follows:
1 steer H0 .6J
13 steers 10211 ..
1 oow 1000 6.011
4 cows 1012 6.00
8 cows ..." 1033 6.00
The official weekly market report ' of
the Portland Union Stockyards Company
Receipts for the week have been Cattle,
178; calves, 67; hogs, 5847; sheep. 2553.
Reaction in the oattle market set In
Wednesday, after an auspicious opening
Munuuy. Receipts have been abnormally
large and killers are temporarily well
supplied. Prime steers dropped to $7.50,
cows to $6.50 and trade was alow the last
The hog market Is sharply lower this
week: outlet narrowed at midweek and
swine values were shaded from $H.75 tq $8.50.
Bv Friday the trade was .very stlcKy. buy
ers indifferent and $8.35 was the limit of
bids. A liberal quotation was l 09 b !
A very slow and uninteresting sheep
trade, sales for the most part being In
the lamb section. Owing to very poor
quality, these did not bring more than SO.IO.
Generally the mutton and lamb markets are
steady to firm.
Representative sales -tor the weeK nava
been as follows;
80 steers 1236 $8.00
25 steers 11W 7.70
88 steers 1033 7.35
130 steers 11 JO 7.30
4 bulls 1340 5.75
4 bulls 1300 5.50
1 heifer 1110 7.25
17 calves 207 S.IIO
33 cows 13SU 7.00
29 cows 1035 6.S5
3t cows 1031 0.75
56 cows 1065 B.S0
772 hogs 197 8.75
9u3 hogs 163 8.70
231 hogs 210 S.tiO
B14 hogs 200 8.50
276 lambs 58 0.00
The range of prices at the yarda was as
. 7.28 J.6
. .505 7.00
, 4.00O 7.04
. $.000 l.0
. 760 7.71
(Stocks at Boston.
iBOSTON, Oct. 25. Closing quotations:
Allouez : 34 I Nevada Con 15H
Amalg Copper.. 74 (Niplssing Mines. 8
.1 Z i Sm... 1814! North Ilutte 24H
Arizona com .. 5 1 North Lake 1-H
B & C C & S M. 75 jOld Dominion... 50
Cel & Arisona.. 0i Osceola 77
Cal & Hecia 410 ;QuIrcy 58
Centennial 1314 Shannon nil
Cop Ran Con Co 30 , superior 23
E Putte Con M. 11 Si Sup & Bos Mln.. 2
Franklir 3 Tamarock 27
Granby Con ... 72U.U S S K & M... 3711
Gr Ciinanu... 27 i A' do pref ererd. . . 46
I Koyulle (Cop) IS l tan con 9
Korr Lak;- 8 Utah Copper Co. 53
La Salle Copper 314 Winona 114
Miami -Copper... 2214 ..Wolverine 401t
Money, Exchange, Etc.
NEW YORK. Oct. 25. Money on call,
nominal. No loam.
Time loans, steady; 0 days, 41444 per
cent; 0O days, 5 per cent; six months,
prime mercantile paper, oi4(ao rjer
Sterling exchange weak. S4.Sr3.i for 00-
day hills and at $4.8515 for demand.
Commercial hills, S4.8014.
Bar silver, 60c.
Mexican dollars, 46140. .
Medium steers -.
Light 8.23"? 8 85
Heavy 7.00(9 7 60
Wethers 4.00O 4.5t
&WCS . 3.2ft 0 4.00
Lambs .mv o-JW
Omaha Livestock Market.
SOUTH OMAHA, Oct. 25. Cattle Re
ceipts 100; market, steady. Native Bteers,
$i.75dt'9.it; cows ana neuers. s.i.iu'.a1 t.-t.
Western steers. tit. Texas steers. 15. 7.V)
7.10; range cows and heifers, $5.50&7;
Hogs Receipts. onm: marKet, nlgner.
Heavy, $7.6U&7.75; lights, $.40 i.liS; pigs.
S3. 25 & 7. 25: ljulk of sales, ti.M'a t.ti,i.
Sheep Receipts. 100; market, steady.
Yearlings. $4,85 4(5.63: wethers. $4.2564.75;
Chicago I.lveHtock Market.
CHICAGO. Oct. H5. Cattle Receipts,
800; market. Bteady. Beeves, $0.809.70;
Texas steers, $.S8&8; Western stecis. $0.13
fi-8.30: stockers and feeders, $.YlU(ff i.O.i;
cows and heifers, $3.50i&8.4O; calves, $0.50
Hogs Receipts, la.uuo: margei, strong to
5c above yesterdays average. Light, $1.50
(8 8.20; mixed. $7.50S.30; heavy. $7.4O0
S.S0; rough, $7.4or((7.55; pigs, $4.257.40;
bulk of sales. $7.05(0-3.15.
Sheep Receipts. 2000; market, steady.
Native, $4C'5; Western. $4. 13 to 5. 10; year
lings, $3. 10 If 0; lambs, native, $5.90(SP7.50j
JAN FRANCISCO PRODUCE EXCHANGE.
Trices Quoted at the Hay City for Vege
tables, Fruit, Etc.
SAN FRANCISCO. Oct. 23. The follow
ing produce prices were current here todayl
Cheese New. 1501714c; Young Americas.
Fruit Apples. Bsllfiowers, $191.83; New
towns. $1.1501.50: other varieties, 40c O
S;l.tJ5; Mexican limes, $4.5OG5.30; California
lemons, $2.507.50; pineapples, $1.5002.50.
Kggs Fancy ranch. 52c: store, 44c.
Butter Fancy creamery, 8114c; seconds.
Vegetables Cucumbers 60c 0$1; green
peas. 7 3c; string beans, 4fy 6c; eggplant.
Potatoes River Delta whites. 85cQ$1.05;
Salinas Burbanks, $1. 8542; Merced sneets
Receipts Flour, 430 quarters; barley. 1100
centals; potatoes. 7105 sacks; hay, 247 tons.
NEW YORK. Oct. 25. Cotton closed firm
at a net advance of 20 to 25 points.
Spot cotton, steady. Middling uplands.
14.50; do Gulf, 14.75. No sales.
OUTSIDE DEMAND IS SMALL
rU'cei-its Lighter Tlimt I-nst Season
for Remainder of Present t'roji
Year Is Prediction C'oarso
Gruins Are Firmer.
CHICAGO. Oot. 23. Assertions tliat
much smaller receipts tlian last season
would form the rule for tlie rest of the
present crop year overcame depression
today in wheat. The close was stoutly,
c off to a shade up compared with
last night. Corn finished !(& ? to
HSf ',4c net higher, oats varying; from
o decline to I-16c advanco und pro
visions with a gain of Sc to 1 7 Vi c.
Sentiment against the hears did not
manifest itself In the weat pit until
after the market had suffered an early
setback, due chiefly to the fluttering
outlook for the Winter crop. Caule
quotations, however, were relatively
firm and the chief obstacle to an ad
vance was the fact that there was no
urgent outside demand.
Adverse weather ahead brought
about an upturn in corn.
Oats were under considerable pres
sure from the bears, but rallied a little
with corn. Shipping demand was fair.
Provisions made a sharp advance,
the result of & rise in the price of
The leading futures ranged as follows:
. ..$. .J
. . .1.814
Dee. ASH .08 .ON .
May 0 .70 .004, .7oi
Dec 8014 .30 .3814 .30
May 4214 . .42
Jan. 10.80 19.8714 10.7714 11I.S714
May 19.6714 20.0714 1.7',4 20.00
Jan 10.65 10.7O lo.oo 10.05
May 10.75 10.85 10.75 10.ti31i
Jan. 10 50 10.6714 10 50 10.53
May 10.6714 10.73 lo.tij io.u
Cash prices were:
Wheat, No. red, IHil!n: No. 1
red. Hlc: No. 3 hard. 85 Kile: No. 3 hard.
84rjfS3c; No. 2 Northern, S14o; No. 8 North
ern. 83i8'N5c: No. 2 Spring, N5HSI!o: No. It
Spring, aittttMc: velvet chaff, S3WS5140.
Rye, No. 2, U4'4WtHc.
Puget Sound Wheat Markets.
SEATTLE. Wash.. Oct. 21. Wheat Blue-
stem, 88c; fortyfold, 7S14c; club, 771sc; fife.
TiAic; red Russian, tuc.
lesteraay s car receipts w neat, ,iu; oaia,
barley, 5; rye, 1; hay, 33; flour, 10.
TACOMA. Wash.. Oot. 25. Wheat, un
vesterday s car receipts wneal, 4-; oats.
11; rye, 1; hay, 20.
San Franclsce Grain Market.
BAN FRANCISCO. Oct. 23. Spot quota
tions Walla Walla, $1.421j(S1.43; red
Russian. 11.4114 ft 1.4214 ; Turkey red, $I.57's
01.60; bruestam, $ 1.60K? 1.82 H ; feed barley,
$1,3341.8714; brewing, $1.4714; white oats.
$1.37 't -q 1 40; bran, $24 Ooiii 24.50; middlings,
$30,00 0 81.00; shorts, $23.00 (d 25.50.
Call board Barley, steady; December.
$1.8814; May, $1.4614 asked. '
Minneapolis Grain Murket.
MINNEAPOLIS, Oct. 23. Close Wheat-
No. 1 hard. 844c; No. 1 Northern, 14
S4(c; No. 2 Northern, 80t r21i:: No. i
wheat 7S14801tc; No. 2 hard Molilalia,
SO" tf 81 140; December, 81H hl Tc, May,
86Hft 8634 c.
Flax $1.88 14 1.3514.
European Grain Markets.
LONDON, Oct. 26. Cargoes on passage.
English country markets qulej. French
country markets quiet.
LIVERPOOL, Oct. 25. Wheat 1 Spot
teady. I'.nures steady. December, os
lOt-iii: I'.nh, 8s llttd; May, 11)40.
Brakera, Staeka. Honda, Cattaa,
:10-21T BOARD itV TKADH RLDO.
'IKAinEHS CHICAGO HOARD OK
Correannndeata of log a a Jk Bryan, R
Caieasa and 'it lurk.
err Yerk Stock Exchange.
t'nleaKo Mock Hxcaaaaa,
Boalua Stuck fclxchaaxe,
lalcnico Board if Trad.
New York Cotton fclxvbance.
14 ew Orleans C'uttoa fclxcaance
New York Coffee tUxvanaae.
Kew York Prsducs lxenauga,
Liverpool Cotton Asn'a.
STOCKS, BONDS, GRAIN AND t'OIION.
NEW YORK HTOCfa, EXCHANGE,
NEW YOKH COTTON k:lll APUK,
CHICAGO BOARD OF TRADE,
THE STOCK AND BOND EXCHANGE
HAN IRAN CISCO.
Lewis Building, 269 Oak Street
Phones Man-hull 4120. A 4187.
COOS BAY LINE
?alls from AInsworth Dock. Portland, at S
P. M. every Tuesday evening. Freight re
ceived until 12 O'CLOCK (NOON ON
SA.'LINQ DAT. Passenger fare: First
class. $10.00; Second-class (men only). I7.0O,
Including berth and meals. Ticket office at
LOWER A I N& WORTH DOCK. PORT
LAND & COOS BAY STEAMSHIP IAS A,
It. H. KliATINO, Agent,
Phones: Alain 300V: A 2331 ,