T1TE SUNDAY OREGONIAN. PORTULN. DECE3IBEB 21, 1913.
r.
HOP DEMAND'
Better Movement Is Expected
in Near Future.
TWO LARGE CROPS SOLD
Less Than 50,000 Bales Remain In
First Hands In Vnitcd Slates.
Foretirn Crops Are Prac
tically Sold Ont.
There is steady demand for hops
that takes cars of all the offerings put
on the market. Over 600 bales were
renorted sold during: the day.
The moat important transaction was
the sale by George Rose of 200 bales of
Independence hops to the Kola Neis
Hod Company at 21 cents. Lee Tons,
of Euttertlle, sold 231 bales to T. A.
Luvesley & Co. at cents. Verd
Hill, of Independence, sold 107 bales to
'William Brown Co. at 20 cents. It
was also reported that Frank Matoma,
of Independence, had made a contract
with a Salem dealer to deliver luO.000
pounds of the 1914 crop at 16 cents.
The California market is showing
evidence of firmness- Twenty-one cents
was paid by Hall for the Laughlln lot
of Sonomas and Flint paid 20 cents for
the Kennedy crop of Sacramentos.
Stocks left in growers hands In the
United States at the present time
amount to only about 48,000 bales, dis
tributed as follows:
Bales.
24,767
18.009
i.500
300
Oregon .
California .
Ysshtng-:on
1.SW York .
Total ."
The English crop, according; to a
cable received yesterday. Is practically
11 out of first hands, and of the Con
tinental crop, about 0 per cent has
been sold.
With the Improvement In monetary
conditions, which is expected to develop
soon, now that the currency bill hns
passed, hop men look for a decided
revival in the market, which will neces.
aarlly mean a readjustment of values.
CXBB BETTER IS STEADY IS PRICE
Bemad Day's Sale at Exchange Is Well
Attended.
The second day's sale ot the newly
formed butter exchange at the office
of the Northwest Butter & Produce
Company was well attended. One
hundred and nine cubes of butter were
offered.
The record of sales and offering's fol
lows: sold
Lot No. Cubes.
1171, extras
J l!i!. firsts .,
11 mi. rirsts J
11!5. firsts ;
117!. firms
III-., firsts 8
O'fored
inno pounds butter fat
r esses Tillamook triplets
IH caves Tlliainook stiruee
21V eases erirs. May storaire
Price
X .
.81
.31
.:ti
.so
.30
.3
.17
.28
:i,wm pounUs dressed turkeys
WHEAT FIRMLY
HELD IX COUNTRY
Unylnar 1 Not
Active at
Present Prices
Offered.
The wheat market has again become
ttUher quiet, but prices are Arm all
around. Local dealers quote club at S
cents and bluestem at 9o cents. Farmers
aru inclined to hold back, and most of
tlicm decline to consider these prices,
but will hold until after the turn of
the year.
Local receipts. In cars, were reported
by the Merchants F.xchanjre as follows:
Wheat Barley Flnur3ats Hnv
Monday Ui
Tutfjwlajr ."4
Wednesday ... 7tt
Thursday .... 7
Frl.lav 7S
Saturday 7."i
Year UKO 71
Toll this Wk. .V'7
Year at;o 4rt!l
scas'n to date-l'i1!.!
ear ago lu.-1
TIKKtVS ARK
1; i! v zn
I 7 1 13
7 1 14
14 7 4 13
7 12 a 11
4 7 5 11
ii r o
r.t 7i :m
lis 41 4-J
i.-..;n j:ii;2 iisii i..7i
1473 1I.IU KJ-3 ll'il
iF FINK QUALITY
Grade Much- Higher Than Thanksgiving;
Mock Market Not Opened.
The Christmas poultry market has
not yet opened. Turkeys are besrinnins
to show up. and receipts today and to
morrow will be liberal. The quality Is
unusually rood. Buyers are holding
back, waiting to feet a line on the
probable supply: Live poultry cleaned
up at unchanged prices. Dressed meats
were weak at the close.
Between the holiday demand and the
cold weather, the eK market is hold
Ins; very steady, and present prices may
prevail up to the end of the year.
Cheese is firm with the demand more
than sufficient to take care of all the
offerings.
ONION PRICES ADVANCED QUARTER
Seventeen Cars Shipped Ont by Association
in Past Week.
The onion market Is steadily forcing
Its way to a high level, us the demand
continues in advance of offerings.
In the past week 17 cars were shipped
out by the association, the largest
movement for any week so far this
Mason. The first sales made durins the
week were at J2-25. and later in the
week 1J.40 was obtained. Several cars
have been sold to so out in the coming;
week at I2.5P. JubbillK prices on Front
street have been advanced to $2.75 'u 3.
The California oniOn market is also
climbing stendily.
GOOD M'l'PLY OF HOLIDAY PRODUCE
Front SMreet prepared for Active Trade l
Coming Week.
There will be un amp.e supply of all
lines of produce on the street for tile
holiday tr:iW- in the coming; week, with
the possible exception of sweet pota
toes. A car of cellitr sweets was re
reived yesterday iind sold tirm at $2.25.
'rl,TV. i-abtiaue and other vegetable
prices were unchanged.
A coovi busir.ess .s Oniric hi oranjres
r.mi barrel itrapes and there is some
nio-, cment in rpples.
Bank Clearing.. ;
c itrarlris's of the Nonhwestem cities'
JeT.
1--.-V.
as foiion
rtn..
mc?. ;
:'it.7;-
-J J t I
4-.If3 :
. . .$1.4 '.2:0
. .. 1.M5..74H
ii".:t
. .. i.'.241
f rnrtiam!, Seaitie .mi! Tacoma :
xe, k si t lorrespon.iing week j
'.-srtrt;
f.,r t:,-
iti wi uu'r i. Bra were:
1
i. r:fr..l.
s-nme
Ti-omH. -
in:3
1-12
V. ' I
IN""
1:m,:
lin-s
l!i 7
V.'iS
1 VOJ
1S1-4
1W.-3
$: : .v; 4.7
$,::.4- S.H12
1 l.H-7. 24
l1.2::-2
l.'.;2i.i.:2
:12
251
' ' ,2.7i .1
: :.!.
.rit.::i
I1.:W2A'7
.4 1.K1
S.ii2i'.4p
s i ;.4
5 .nk:.7-ut
3.5T4.5II7
::.2.:2.6i4
'3 ". 4 lu
i-i'-'i1
2.077..'
2.:4.2"
rOKTLANb MARKET 4jt OTATlONd.
Grain. FUar. Fesal. Bte.
WHEAT Track prices: Club, tic: Slue-s-.em.
ic: for:y-fo;d. S4144s:; red Rus
s.i.1.. c: v.:y. ic
CT N" I whits, fii.59 per too.
COM NVk !":. 3: crsvked. $37 per toa
FLOL'ft PT.-i-s. eite p.r Mrrei;
s.ra h'. 4: exports, il ttfut; valley.
l.-. .. crahirni. $ 6": no:e utieat. $4.M
11 A K! KY Feed. $:i per ton; brewing.
$;i- r.ir l. 2 it 27. $v.
J4ILLFFSD Braa. $20.M2: oey tea;
shor.s. $.V2I; Ullduiluss. $24G.
RAT No. 1 Eastern Oregon timothy.
$18.50: mixed t'.mothy. $14; alfalfa. $14:
do -er. $610: raliey grain hay. $11913.
Frol's ana Vegetables.
Local tabbing quotations:
TROPICAL. FRUITS Oranges, navels,
1.7ifr3 per box: .Japanese, si. 25 per bun
dle; lemons, $49 7.50 per box; pineapples, 7c
pound, uananas. P"r lb.; pomegran
ates. $2.5(1 ir crut-. ersDcfruit. f4.50-a
pr b-x: (X.rsinnnon. - jer bx.
ONIONS Oregon. J2.75S per sack, bay
ing price, $.V L o. b. shipping points.
. VEGETABLES Cabbage. 14H10 per
no-mi; . ..i:.,, - .vr ..r t . ii-r cuen.
cucumbers. $1.25'31.50 per dox.; eggplant, lo
frl2.per lb.; pspprs, 3 7c per ib. ; rad
ishes, lvtfl2i3c per iu.; neaa letiucs,
r.Oo per c:a;e: fcsrii-. lyljc per-pound;
sprou-Ls. lCc per pound; artichokes, $1.7 per
ttoze.-,; squafc'i. lUill'nc: celery, t&jo;3-
per crate; beans. S'ri')c; rhubarb. 3c per
pound; tomatoes. $1.7& per crate.
G ;E? i "' IT Ar; !e. .-.rctfj Per
box: grap?a. IWafal 7.50e per keg: Em
perorj, S4 per kefc; . cranbtrriea. $iiirll.iu
per borrei; pears, $1.54L75.
PO'i'f't.s orcjcvn. w. l per bua
4reil; buying price. 70 0 oc at shipping
points: sweet potatoes. $2.25 per crate.
SACK VEGETABLES Turnips, $1X3;
carruta, $l.lu; parsnipa. $1.25; beets. $1..
T)alry and Ceontry Produce.
Lora' lob3lng quotation:
VOL'LTiiV lieu, lc; Springs. 14c: tur
keys. livi, 2c; Ureascd. choice, Z&2tic;
ducite. Uirlc; gej. 1 -C.
EtiGS Oregua frein n&ncb, 3Q4C per
dozt-r, ; storage. 1. u-c
CUEEdE Oregon triplets. 17ic; Daisies.
ISc: Young Americas, inc.
BUTTE. Creamery prints, extras, 84A
S5c per pound; cubes, 30(a32c per pound.
I'OltK i'an;y, loc per pound.
VEAL Faacy, 14c pr pound.
X Etapie Greearvnv
Iccxl Jobbing quotations:
&ALVON Columbia River, oae-prnen
tails, $.2S per Ousea; half-poand flats,
$1.40; oue-pcuud flats. $2.4: Alaska, p:e
one-poun'.l tails. hJz; siiversldea one-pound
tails, $1.23.
iiONiiV Choice. $3.2S9$.73 per case.
NUTS Walnuts, lKVsO per pound: Braxtl
nuta, 20c: filberts, lfivlie: aimonda, 2a
&2ic, peanuts, s&tic; eocoanuta, $1 per
doaen; cnestnuts. 12Hc per pound; hickory
nuts, SfBlc; peuana, 17c; pins, 17V
XOa.
BEANS Small white. 6c: 'args whits.
4.iic: I.lroa. t.sac: pink. 4)ic; Mexican.
Ie; bayou. lc
SL'3AK Fruit and berry. 25.10; Honolulu
plaotailon, $0.05; beet. $4.W0; extra C. $4.40:
pondered, barrels, $3.3; cubes, barrels.
3.1u.
COFFEE Roasted. In drams, 1 s)32e per
pound.
8 ALT Granulated $14 per ton; half
ground. 100s. $10.2$ per ton: 10s. $11 per
ton: dairy. $12.30 per ton.
RICE No. 1 Japan. 3(r5Hc: chespst
gradej. 4c; boutherii head, 5iSc
DRIED FRCITS App,es. 10c per pound:
apricots. It ft 14c; peaches. S&llc; prunea
Italians, feluc; currants, iic; rafslna
loose. MusciteL 6Htr7tc; Mescbed Thump.
fon. 113e; unoleached Sultanas, b1: seeded
9c; dates, Persian, sfec per pound; fard,
$1.4'l per box.
FIGa Boxes. 12 10-ounce, 83c; S 1
ounre. $225: Z0 -oonce, $1.S3: 7l 4-ouno
$2.13; Smyrna, 40-pound boxes. 20c
Prnvlstons.
HAWS 10 to 12-pound. 18V401He: It te
it-pounds. IU Vi J 18 H c; 14 to 18-pound. llVi
tlliQ. skinned, IS lie; picnic, 11'.
boiled. JSC.
BACON Fancy, I? 28c; standard. $10
$40. -
DRY SALT CURED Bacon. lHO20c:
short clear backs. 14 0 lie; exports, ISO
11 Vie. tiRpi. ICiflTVic
LAFID Tierce basis: Pure, 124O13H0;
compound. 10 Vic.
Hops, Wool and Hides.
HOPS 1913 crop, prime and choice, 208
21c; 1914 contract. ltiilSc.
PEt-TS Dry. loc: Spring lambs. 40S80c;
shearlings, 3M.Mi3.
HIDES-" Saited hides. 12Hc per pound:
sait kip. Vic: salted calf. 17c; green hides,
114c; dry hides, 23c; dry calf. 26c; salted
bullj. 8c per pound; green buiis, 7c.
WOOL Vslioy, lots 17c; Essiurn Orsgoo.
II 4 lt;c.
MOHAIR 191S clip. 2$o per pound.
OA&CAitA iiAP:. Old and new, 5o per
pound.
Oils.
sfL Barrels, 13 He;
cas's. IT HO
20
OAS JUNE Bulk. le: eases, 3c; motor
spirit, hulk. li;c; cases, 23c.
LINSEKD OIL Raw, barrels, 3Sc: boiled,
barrels, tiuc; raw. cases, 63c; boiled, casea
Die.
TURPENTINE tn case. Site per gallon.
KILLERS ILL SUPPLIED
CATTLK H.tHKET IS EXPECTED TO
IMPROVF, SOOX.
Liquidation Will Be Light for Next Few
Months .Seaaonnble Wenkneaa
In llocin Appnrent.
Trade at the stockyards was quiet, as
usual on Saturday. The only business
done was In the sheep house, where 210
wethers, averaging; 120 pounds, sold at
$5.25 and 14 ewes, averaging 101 pounds,
brought $4.25.
Receipts were 582 ho?s and 20 sheep.
The shippers were Hugh Cummings.
Hulsey, 2' cars hoKs: same from Albany,
1 car hops; J. M. Barry, 1'avls, Cal., 2
cars hops: C. K.- Lucke. Canby. 1 car
hoys and ahecp: F. B. Lecker, Gervals,
1 car hofts and sheep.
The weekly ofTicial market report of
the Portland Union Stockyards Com
pany follows:
"Receipts for the week have been:
Cattle, 685; calves, 15; hons, 3766; sheep.
5133.
"A natural apathy was apparent in
the cattle market this week, following
the biiy stock show, when exceptionally
heavy shipments were made. Cattle
prices suffered a severe slump, top
quality goine: at cents lower and
other grades at even more of a decline.
Killers had supplied their needs tem
porarily and will have to work off the
surplus, but :us liquidation will be liht
for the next few months the situation
la expected to improve this next week.
"The horr market dropped off 10 cents
during the week, with extreme top at
$7.85 for the week's close for choice
stuff, with heavy atock 10 to 15 cents
down. Liberal liquidation increases the
sensomiMo wtakness.
"The sheep house business held up
well for the week. Some choice mut
ton and lambs were marketed. Lambs
moved easily at $15.25 and prime wethers
held their own at $5. while ewes closed
around ti, when choice stuff was of
fered.
"Kepresentntive sales for ""the week
have been as follows:
vet. ivi. c
12" ?7.
Wt. Price.
1040 $0.00
1140 .7."
If. s leers. .
.11. '.rs. .
I t FlrtTS. .
4- S'. 'TS. .
S rill! :!s. . .
17 bu I. . . .
1" cows. . .
12.:
Jit"
7.7' :ncows...
7 "n7 hogs. ..
7 2", l.:IO hrK. . .
.7.": hniirs. . .
..i;.i l:,,(cn . . .
ti,i i lambs..
tV'l" Ml wet hers.
It .Vi -'il 1 welhera
ill
I. si
1.10
l:7
si
1114
1"7
1. -.-)'
4
h f
1 ft:ir. . .
7 V W"fl . ..
Ill o-.v. . .
n:
:.. 11.. ewes. .
los
Th. rjnse o
folii.ws:
I'rinm sr"e-
riKMP st.'er!
i.-dium .-t'ei-s
'i-o:.-e cows
V-"-im cvin
H-lfera
I.tirht calves .
""ivy calies
R;:l
-:ai-n
I logs
i:-icc
f prices ut theyards was as
$7.nn$7
. 7. iii't 7
0
c ocjr 4.S4
$ 7S ."
. 0 004 $ 8$
soot .
$.rtO 7 7i
4-'." ,-..7.-
O.CO'-l 0.50
A onif n.:,ii
::..-.ni 4.2.".
5.50 0- 0 40
Ewe,
Liai J
Omaha Livestock Market.
soi'TM OAIA1IA. Dec. 20. Hojti
$2 215.4 1-1 1 l:etv ii ts. 07o; inarke:. strony. Hrivy.
4.7.1.22i ST.."... -i T..-.; i:M. J7 1 .", a 7.5o; pigs. $u.7 9
4.5.":2.i'T4 ! 7. 10; .l-u'ik of PllJ.-S, J7 ol'"-! 7.0'-
4. "2 .'-2 Cstt:e lterf:ils li-i'; inarket, rti'ady. Na
.".." ;:2,i"vi i tl.e iupr. 'i.-'tit . n:r.ive cows and he;f
4.22 4 1 i i crs. i. '."--stern s'eers. JiliiS; Texas
?.. 75". 7.1-: ranee r,-.vs ana nellers.
S5.'ii a 7.
sriee;.-
c.i
so.:
iu"
1,1; market. steady.
1 yenrlln;:
ivethers. 4-4.00 V 4. ia;
-.is.
I MJ 4
4 bVsco I.ivevtork Market.
rHii'Ai. D.c. 2,'. Cattle Receipts. 40;
market. 5:cr,,i;. L:.v. S0.G0-t9.75: Texsa
st'--rs. 4i:.'.''ti 7.i''i : e.tern sleers, $5.80
V.;-'; strn-Kers srt l fee ders, $ l.'j.l -j 7.35 ; cons
ami h-if'is. t."0 .1 V4: calves. $7S 10.50.
Hoes Reocpt.. lY.-i'O: market, slow, best
steadv. ot'-rrs weak at yesterrlRy's average.
Litrht. $7.::o i 7 5 . miTei. $7.40o7.70: heavy.
17.4nti 7 75; roupn. $7.4'"-.i 7-5': tigs. $0,25 4$
7 4; M:ik r.f salts, $7.r," ii 7.7l.
heci Re,-' t;-:. 2'-': ni:-rl;-'t. sTo. Na
tive s-tr! V-ei.r--n. 1 1.25 5 5il: jeurllnKS.
J.V10 1H.J'-: smbs. native, 4ii.5t7.7U; West,
eru. ii 7-ii-
STOCK RISE RAPID
American-- Telephone One
Strongest Features.
of
WESTERN UNION REACTS
Effect of Xetvs From Washington of
Dissolution" Agreement Market
Leaders Gain " One to
Over Inr Points.
NEW TQRK. Dec 20. An emphatic
response was made by the stock mar
ket today to the news from Washing
ton of the American Telephone disso
lution agreement and the passasre by
the Senate of the currency bilL Deal
ings were on a much larger scale and
prices moved up vigorously.
It was felt that the dissolution
agreement, besides removing from
American Telephone the menace of a
suit under the Sherman law, probably
would lasen talk of Government owner
ship of telephone and telegraph com
panies, which recently has been an
active factor in depressing American
Telephone and Western Cnion to the
lowest quotations for years. The state
ment of President Theodore X. Vail, of
the telephone company, that "neither
the F.ell system nor the Western Union
will suffer," helped the upturn.
Of more influence than the dissolu
tion agreement Itself was the state
ment of President Wilson in that con
nection. expressing the Administration's
hope of helping "to build up the busi
ness cf the country upon sound and
permanent lines." It was felt that the
American Telephone agreement indi
cated what might be done, in cases of
other corporations under scrutiny or
attack, and that, in view of the At
torney-General's expressed hope of
avoiding cnti -trust suits, stock market
disturbances, incidental to such pro
ceedings, might be minimized.
American Telephone was the center
of excited trading at the opening. The
first transaction was given as a block
of 2000 shares at 120 to 124, sales 3hi
points apart being made at the same
time. The top price was 124 4, a gain
of 7 points, which compared with the
week's low figure at 110. Subsequently
there was a reaction and the close was
at 1224.
Other securities of wire companies
Rise were strong. American Telephone
convertibles- were bid up ?. points, as
was Pacific Telephone. Stocks of the
Mackay companies, whichcontrol the
Postal Telegraph, rose 2 to J. West
ern Union started with a gain of I
points, but later reacted 5, closing
with a net loss of 2t.
The whole market was strong and
active. Sugar, National Biscuit and
Canadian Pacific gained 3 to 4. Ad
vances in general ranged from 1 to 114.
Bonds showed strength. Total sales.
par value, $2,100,000. United States 4s
coupon advanced hi and Panamas Sa
coupon on call on the week.
CLOSING STOCK QUOTATIONS.
Reported by J. C. Wilson ft Co., Lewis
building, Portland.
lOpen ; H Ighj Low Close
AmaL Copper Co.....
Am. Car & F., com.. .
Am. Can. com.
do preferred ......
Am. Cotton OH, com.
71 , 71. 7114, .
43:,, 44J 43-Sk 44K
JH 2 2 I 2Si
S7 t.si; S7H Mi
.17 in I 371 7i 30Vi
2'J". 291, 241 2l,
Am. Loco., com.
Am. Sugar, com.
Am. Smelt., com.
..ll03Vlo7 jlWHilOUli
do preferred ......
Am. Tel, A Tel
Am. Woolen, com. . . .
Anaconda Mining Co.
Atchiaon. Tom. ......
do preferred
B. ss O, com.
Beet Hugar
Bethlehem Steel, e...
Brooklyn Rapid Tr...
; .:...
120 V4 1124 V4 !120tt 422 Vi
I I j 1514
34 ft, 34 34 n 41,
:iV! 4! !I3V IM
HSIil DSHi !. S't
B2HI US I 2 2
2311 23 1,1 2314 2314
8tV 30HI 0 I 8014
871,; S7V hi: X714
Canadian Pac. com.. 2171. !21S -7 21814
Central Leather, com.i 20 Vl i 20 -'H
do preferred
. . i
C. ec G. W., com.
do preferred . . ,
C, M. 4 St. p
C. & N. tv.. com.
I i ! ii
. 27! 2S ( 274 28
. lO0 jlOO'AOO 100
la2r--iji::ti ;t'.'4 ,u--o
Chino Copper
Chesapeake A Ohio..
Colo. Fuel & Iron, c. .
Colo. South., com.....
Consolidated Gas
Corn Products, com..
do preferred
Delaware a- Hudson..
.Ill-Si 38
581,., 581,, 3SV.I 5S14
14
129 K12914 12H
9 ( 14
lt:t I 63 li 03
12U
I B
03
1.-.I
151V4 15114 131
Denver & Rio G.. C .
do preferred
Erie, common .......
do 2d preferred....
do 1st preferred...
General Electric
(It. North, ore lands..
Gl. North., pfd
Ice Fz-curitles
Illinois Central
Intern'l Harvester ..
lnterurban Met., o. . .
1714
21 28i 2Sii
2SS
as 14
441,
44j 4414; 44i
IK!) ;1S8 il38
33 I 32 S IIS
i::s
2ll,:12C,i,'12e 112014
. 22, 22l, 22 $4 : 221,
-i 1 10514
.,10114 1014,101 jioil
. 14-4, 14'4 14i; 14
. 5'4! S9 7. B914J 30V4
. 1 52 1 52 ;4 1514. 152
. 244, 24te! 24 14,' 24
. 44: 45 : 44 444.
ai) prererreu ....
Ihtgli Valley ....
Kansas City South...
Mix. Petroleum
Louisville & Nashville!
134!i:i4 4i!i::3iii:i3ii
II.. K. & T., com
do preferred
Missouri Pacific
National Lead
Nevada Consolidated.
New Haven . . . . J.
New lurk Centrhi...
20!4i 201,; 2U1,
20?i
Vi
2-
44
14
71
2i
281,
43
1414
70
314
43 i
141,
13 W!
N. V-.. ont. & West.. I I I I
Norfolk at Western, c '103 Vl"44ilU3 Mr
103 "4
Northern Pacitlc, com lObli 10lsll08Vi 10S
Pacific Mall S. S. Co.j I I 2354
Peucsylvania RailwayilOS "4 'lOS 10SH 108T4
P. G L. V Coke Co.
Pressed Ste?I Cur, c.
iio pr-.ltrred
Ray Cons. Copper :
Keudin com
io IM prvf ;
do 1st pruf
Rep. Iron & Steel, c.
do preferred
Rook Island, com ...
do prx-lVrrd i
St. 1 & i?. F.. 2d pt.
do 1st Dref
". . . " " I ..... I S 1
I?7; 174
j I i
83V-i 8.'i H I
I Sii
21! '21Si 21 '4
871, 8S S7"4!
22', 22j 22H, 22
75S: 75, 75V,: 75.
20Ti I 2si"; 301,
1214 12iii 121,i 12
i I 8
I 15
Southern Pactflc, com
do preferred
T'-nnesfa Copper . . .
Texas & Pacitfc ...
Tol.. tSt. U c.
do proferred
Union 1'ucltlc. coin. . ;154 ;15514 ' 154i ; 154 ri
do preferred
IT. S. Rubber, com..
do preferred
V. ri. ytev! Co.. com.
do preferred
l"tah Copp-r
55 ii' 05V
I illMIS
58! 5S4: 5tt,
W: :105 loi'i
in.4
4SV1 48, 48
4S
n-jrinta Chemical ..
TVubash, com I
do preferred
Western Cnion Teles
Westlnhouse Elee. ..
WL(o:iin Central, c.
25 H
t't
S
57 t,
64
43
1
4S
r,2
4 "4
57
04
Totui sales for the day. 3I5.60l shares.
BONDS.
ReportedVl'y Overheck & Cooke Co., Board
of Trade building-. Portland.-
Bid. Asked.
Atrhltfon -enerrli 4s
Atiar.tiurOiast Line 1st 4s
l! 4 O It; is
B It T is
"hes & Ohio 4Ws
C M & t P ken 41s
C K I col 4s
Cal Gas 5s
c B ; joint 4s
Erie general 4s. i
Hit Met 4Ws
Louinville & Nashville unl 4s.
Missouri Pacific 4s
N C ren 34s
X : w 1st con 4s .-
Northern pacific 4s
Oregon short Line ref 4s
On-con Ry Nav 4
Pacific Tel 5s
Penna Ciin 4s
Ht-aiiing general 4s
Ht L 4 S F rf 4s
Southern Pacific ref 4s
Southern Pacitlc col 4s
Southern Rr-.liway 5s
Southern Railway 4s
Cnited Railway Inv 4s
Cnion Pacific 1st and ref 4s..
Cnlted Slates Steel 5s
West Shore 4s
Walush 4
Westlrchouse EI'c ponv 5s...
Wl.ir-onsin Central 4s
Cnited States 2s registered...
I'nited States 2s pnnpun
Cnited Slates :.s reieistered
Cnlied ftats 3s couon
rrlled States 4s registered
Cni:eI Slates 4s coupon
!I2V,
JtiH
87 14
O'll
100
51
i2 W.
W4H
7114
T4
i'214
04
MVj
t4U
!I24
8:.4
SI2
' !I6
loo
02
70
88
.IO14
1021,
75
,-!
:
t' 91
4
S!44
86
US
8
. iHili
. 87
". 10 '4
. 50 ?4
'. i t "
, 7n
74i
. 112
! SO 4
. p:i
. :H4
. Ml
. '.'Mi
. :m
. ii4
. 8
. !K
.12 4
. !1i-4
. P04
. 4
. s:
. (U14
. !'7
. M7V.
.1(1214
.102"
111 li
111 14
Money. Exrhaiye, E(c
saw Vl'BK, Dec. 20. Call money noml-
nal. No loans. - Time loans easier. Blxtr
days. 0954 per cent; 80 days, 6 par oeot;
six months, b per cent
Mercantile pspsr, 544 6 8 per cent; sterllns
exchange steady: 6G days. $4.81; demand.
$4.85.25: commercial bills, $4.8014.
Bar sliver. Ssc.
Mexican dollars, 44 Sc.
Government bonds steady; railroad bonds
strong. .,
LONDON, Dec. 20. Bar silver steady,
26 13-16d per ounce.
Money. 44414 per cent.
Rsts of discount In the open market for
short bills, 5 psr cent; three months' bills,
4 13-16S4T4 per cent.
SAN FRANCISCO. Dec. 20. Silver bars.
58c Mexican dollars, nominal; drafts,
sinht 01. telegrraph .04. sterlins; In Lon
don, fro days. $4.81 4; do, sight. $4.8514.
Stocks at Bostosu
BOSTON, Dec HO. Closing; quotations:
Allotrei 34 jliohswk 41ti
Amalg Copper.. 71 14, Nevada Con . 144
A Z L & Sm lS!4.Nlplssine- Mines. 7
Arizona Com .. 33 USorth Butte 2S1
Cal & Arizona., r.2 North Lake 114
Cal & Hecla 40 ;Old Dominion... 4014
Centennial 13 1 0sceola , 72
Cop Ran Con Co S4 lQuincy ; BT
E Butte Cop M. 10i'Shaiuion 544
Franklin' 2i'Suprior 41
Granby Con ... 71 14 i Tamarack 29V
Greens Cananea. 29 B S S B 4 ... SS14
I Rfiyalle (Cop) 1S'4: do preferred... 474
Kerr Lake 4i;ctah Con SS
Lake Copper.. . .74k A l tah Copper Co. 48-
La Salle Copper 314 Winona 1
Miami copper... 21 ;Wolverien 42
FINANCIAL MARKET MORE ANIMATED
Improvement Stimulated by Developments
ut Washing-ton.
NEW YORK, Dec 20. With the ap
proach of the year end, speculation
showed a disposition to wait on the
annual settlements, and financial mar
kets were slow, although at the close
of the week there was increased ani
mation and strength. The improve
ment was attributed to the stimulating
influence of developments at Washing
ton. Passage of the currency bill by the
Senate marked the virtual completion
of a long period of uncertainty regard
ing changes to be made in the coun
try's banking methods. Recent amend
ments to the bill were received with
favor in financial circles.
The agreement for disolutlon of the
American Telephone & Telegraph Com
pany, without recourse to the courts,
gave promise of a lessening of disturb
ances which have attended enforce
ment of the Sherman law. The 'hope
was expressed that liquidation of se
curities had been completed, even
though further trade contraction may
have to be faced.
Expectations of an easier money
market after the turn of the year were
modified by consideration of the extent
to which postponed requirements may
affect monetary conditions. The bond
market showed a few signs of antici
patory reinvestment demand, although
January disbursements will constitute
a record.
Firmness in steel prices takes the
form of unwillingness to contract for
distant periods, rather than growth of
new orders. Mercantile orders are
light, but for prompt delivery, indi
cating low stocks. Railroad traffic is
falling off and working forces are
being reduced.
Hazards of the season detract from
the favorable speculative influence of
the high-condition estimate of Winter
wheaL
ANOTHER GAIN tS SUBPLCS -sXESERVES
New York Banks Gain Five Millions Cash
in Week
NEW YORK, Dec. 20. The statement of
the actual condition of clearing-house banks
and trust companies for the -week shows
that they hold $17,439,350 reserve in excess
of legal requirements. This is an Increase
of $1,458,050 from lsst week. The state
ment follows:
Increase.
Loans
Specie
Legal tenders
Nl-i deposits .'.
..$1,853,843,000 $4,051,000
321,014,000 3,848,000
79,190.000 1,271.000
.. 1.632,44!I.(I00 14.8IV3.000
44.850.000 25S.OO0
Circulation
nnk.' cash reserve in vault. $337,874,000;
trust companies' cash reserve In vault, $-.-330.OO0:
aggregate cash reserve $4IKi,204.-ooo-
excess lawful reserve. $li. 430,30; In
crease. il.45tt.050; trust companies' reserve
with ciearlng-house members carrying
per cent cash reserve, $47,843,000.
Summary of state banks and trust com
panies In Greater New York not Included in
clearing-house atatemea..
Decrease.
$4,123,600
4115.400
102.600
1,502,000
Loans
Specie ...
Legal tenders .
Total deposits
...$550,216,700
. .. 60.31K).100
S.143.80O
. .. 597.100.0OO
SAX FRANCISCO PRODUCE MARKET
Prices Quoted at the Bay City for Vege
tables, Fruits, Etc
SAN FRANCISCO. Dec. 20. The follow
ing produce prices were current here today:
Cheese New. 18H17c; Young Americas,
15FruI - Apples. Bellflowers. $1241.0:
Newtowns. $1.251.S5: other varieties. 40c
$1.75: Mexican limes. $8.SO&4.oO; pineapples,
S2I&S; lemons. $2.606.
Epgs Fancy ranch, ole; store, 4ol4c
Butter Fancy creamers'. 2Uc; seconds,
2814C
Onions $2.202.e. - .
Potatoes Oregon Burbanks, 8tc$LoO.
River Delta whites. 7Scfc$L2; Salinas Bur
banks, $2; sweets, $1.25 H 1.50.
Vegetables Cucumbers, 75clfl.ij; green
peas. 6 10c.
Receipts Flour, T22 quarters; barley, 0t0
centals; potatoes, 1355 sacks; hay, 3S1 tons
Coffee and Sugar,
NEW YORK. Deo. 20. Smaller Brazilian
receipts and reports of a steadier cost and
, , . marir0t were followed by an afl-
.-.... i coffee today. European cables
hi.hi,r and the local market opened
steady. 9(&10 points higher. Demand was
eatterina. but tne close was mui, v
hihr Sales. 9000 pounds. December,
a mr- January. 8.23c; March. 8.4c; May.
8.74c: July. 0.94c; September. 10.13c; Oc
Soot steady. Rio No. 7, 914c: Santos No.
4, 1214c Mild, quiet. Cordova, 13piei4o:
nominal.
Km-nr Raw. unsettled. Muscovado, 2.70
!73r- centrifugal. 3.20S3.33C1 molasses.
2.45&2.48C; refined, quiet.
Cotton Prices Slump.
vetv ORLEANS. Dec 20. Cotton
depressed nearly $2 a Bale by the census
bureau report 01 mis morning, bhuwiub
12.923.6o6 bales ginned prior to December
3. These returns were loo.uwi oaies larger
than generally expectea even on me near
side. The market openea 1- to it points
down and during the first hour the decline
wan widened from 34 to Ai points, tne Jan
uary option showing the most weakness and
falling to 12.28c
Metal Markets.
NEW YORK. Dec 20. The metal markets
were dull and practically nominal. Lake
copper. 13.00 15.50c. nominal; electrolytic
14.3S14 14.50c
Iron, unchanged.
Casting. 14. 00 (j 14.1214 c
Dried Frait at New York.
NEW YORK. Dec. 20. Evaporated apples
Firm. Fancy, 11311214c; cnolce, 14 Q
9c; prime. 8!c
Prunes Firm.
Peaches Barely steady.
Chicago Dairy Produce.
CHICAGO, Dec 20. Butter, unchanged.
Exgs. hisher; receipts, 3009 cases; at
mark, cafes included, 2U3r31c; ordinary firsts
28 ij2c. firsts 31c.
Cheese, unchanged
Cotton Market.
NEW YORK, Dec. 2'l. Spot cotton, quiet.
Middling uplands, 12.00; do, gulf, 12.S5.
Duiilth Linseed Market.
DCLCTH. Dec. 2Q. Close Linseed. $1.46;
December, $1.43; lay, $1.48.
Hops at New York.
NEW YORK. Dec 20. Hops Easy. Pa
cific Coast. 1912. 22 e 24c.
TRAIN KILLS SECTION-MAN
William Haley, Slighty Deaf, Kan
Over Xear Xapavlne.
CHEHAULIS. Wash, Dec. 20. (Spe
cial.) William Haley was instantly
killed by Oregon-Washington pas
senger train No. 51 at 11 o'clock today.
The accident occurred two miles north
of Napa vine, ,
Haley, who was slightly deaf, was
employed on the local section crew,
ehoveiing cinders from the track, when
hit. His widow and daughter live in
Qhehalis. a son at HOqularn Mr. Halo
was 65 years old. x
FREE WHEAT SOON
Action by Canada Is Expected
Next Month.
CHICAGO MARKET EASIER
Snow Protection to Winter Crop Also
Acts as Check on Bullish Senti
ment Corn Iiower on
L4irge Keceipts.
-CHICAGO. Dec, 20. Snow West and
Southwest, giving needed protection to
the Winter crop, acted as a check today
on bullish sentiment regarding wheat.
Tho market closed Htclic under last
night. Corn showed a net loss of a
sixteenth to oats finished H off
to a like advance, and provisions vary
ing from 10c decline to a gain of a
shade.
In addition to the snowfall, news
regarding the Canadian wheat tariff
made caution seem necessary on the
pnrt of the bulls. Dispatches from Win
nipeg asserted flatly that the grain
would be made duty-free in January.
Reduced estimates- on the Argentine
exportable surplus put much strength
in the wheat market in the first half
of the session.
More than four million bushels ex
cess this vcok In receipts here over
shipments pulled down the corn mar
ket, notwithstanding temporary
strength, due to tho forecast of a cold
wave. Prospects of a record-breaking
crop in Argentina cut a figure, too, in
easing prices off.
Oats merely reflected the action of
corn. Elevator interests supplied the
wants of shorts.
Provisions averaged weaker, as the
supply of hogs at the leading Western
points showed an increase of 38 per
cent compared with a year ago. Liqui
dating sales were noticeable in Janu
ary pork."
The leading futures ranged as follows:
WHEATL
Open. HIghA
Low.
$ .1
.87
, Close.
$ .9114
.87
May
July $ .S114 - .8144 '
8814 .8814 t
, CORN.
TO 14 .701.4
69 .70
OATS.
41 T4 -4214
4114 .4144-.
MESS PORK.
Dec.
May
.0914
.0914
.6915
.6 y
May
July
.41
.41
.41
.4114
Jan.
May
. .20.60 ,
..20.80
20.60
20.80
20.4714
20.7214
20.5214
20.75
LARD.
. .10.6214 10.65
..10.9714 10.9714
SHORT RIBS,
Jan.
May
10.6214
10.8714
10.8214
10.87 V4
Jan.
May
10.7T
11.05
.11.06 11.05 1L0214
Corn. new. No. 2, 7014TO: No.
2 white, 7014 70 He: No. 2 yellow, .014l.
70c: No. 3, 6494 S66c: No. 3 white, 651s4f
67c; No. & yellow, 65 0714 c
Rye, No. 2, 64 14 65c
Barley, 62 75c.
Timothy. $4.O05.40; clover. $12.25 14.2o.
Puget Sound Wheat Markets.
TACOMA, Dec. 20 Wheat Blnestem, 94c;
fortyfold 86c; club, 85c; red fife. 85c I
Car receipts Wheat, 9; corn, 4; oats, 1;
hay, 12.
SEATTLE, Dec. 20. Wheat Bluestem,
93c; fortyfold, S5c; club. 81c; fife, 84c; red
Russian, 83c.
Yesterday s car receipts Wheat, 18; oats.
2; barley, 1; hay, 14; flour, 10.
San Francisco Grain Market.
SAN FRANCISCO, Dec 20. Spot quota
tions: Walla Walla. $1.50 1.5114 ; red. Rus-
rian. 11.48 -ti LOO; Turkey red, Sl.o-la
K.I.tlHaa
Call board nariey, ueceiuoui, .
May. $1.37 bid, $1.38 asked.
European Grain Markets. .
LONDON, Dec 20. Cargoes on passage,
little inquiry.
English country markets, qniet; French
country markets, quiet.
LIVERPOOL, Dec. 20. Wheat Spot eas
ier. Futures dull. March, 7s 2d; May, 7s
ld.
Minneapolis Grain Market..
MINNEAPOLIS. Dec 20. Close Wheat
No 1 hard, 87 "4 c: No. 1 Northern. 85 94
S71ic; No. 2 Northern. 83S514c: No. X
wheat, 81S314c; December, 84c; May.
S714C.
Barley 44g7c.
Flax $1.46 14.
WORLD'S WHEAT CROP IS LARGER
International Institute Estimates Gain of
.B Per Cent.
WASHINGTON. Dec. 20. Figures on
world products for the present year, canleu
today to ths Department of Agriculture from
tho International Institute of Agriculture at
Rome, Including the principal countries of
the Northern Hemisphere, syere as follows:
All wheat, 8.."Hi9.000,O0O bushels, being 8.9
per cent more than last year; all rye, 1,&2S,
000,000 bushels. 1 per cent less than last
year; barley. 1.524.000,000 bushels, 7.7 more
than last year; oats, 4.571,000,000 busheis,
2.3 per cent more than last year, the fore
going including the production In Austria,
Germany, Belgium, Denmark, Spain. France,
Great Britain and Ireland. Hungary, Italy.
Luxumburg, Netherlands, Roumania, Rua
sla In Europe (63 governments), Switzer
land, Canada, Cnited States, India, Japan,
Russia in Asia (10 governments), Algeria
and Tunis.
The total production of sugar beets was
54.932.00ii short tons, 2.5 per cent more
than last year. In Belgium. Denmurk. Spain.
France, , Italy, Aeini-nanas, nouiniiiiia.
Switserland. Canada,' United States. Prussia,
Hungary, -not including Crotia and Slavonia.
The total production of cleaned cotton
was 9,286.000.000 pounds. 2.1 per cent more
than last year, in tho United States, India.
Japan and Egypt.
M'CUSKER ASKS QUESTIONS
Use of Carbolineum Urged for In
terstate Bridge Roadway.
PORTLAND. Dec. 20. (To the Edi
'tor.) A few days ago I asked some
questions regarding -the Fourth-street
improvement and up to this time no
one has come forward with an answer,
and I have about come to the conclu
sion that like the boy waiting for the
core, "there ain't going to be no core."
so I will not expect an answer.
My questions related particularly to
the use of creosote-treated wood blocks
as againat carbolineum-treated blocks.
I cited the fact that the railroad com
pany, after the bridge burned, relald
with carbolineum - treated blocks,
owing to the greater durability and
lessening of the fire risk.
-- I notice in The Oregonian that the
new Broadway Bridge, which has been
open about six months, and which was
paved with creosote-treated blocks, re
quires repairs to the extent of $11,000.
There seems to be some question as
to who will be obliged to stand this,
but it is dollars to doughnuts that the,
taxpayers of this community will be
the goat
The representative of the people who
constructed the bridge says that the
matter will have to be submitted to
the repair department which Is in the
East as this is only the sales depart
ment here, or in- other words this end
takes the money, but if you want any
thing back, you must see the other
fellow.
Mr. Banks, of the Pennsylvania Steel
Company, says that they have a bond
of S2600 from the creosote company,
but I gather from what he says .that
;t mav not be possible to compel a
company with a J2500 bond to do $11,-
000 worth of repairs. Why should tney
It would ba much cheaper to forfeit
tho bond.
If I remember rightly, quite a num
ber of years ago. the company that
first paved Washington street did this.
Mr. Modjeski says that the fault was
due to not putting enough pitch on
the blocks, and as the weather was
wet, it was inconvenient to use pitch,
or in other words this is a dry weather
bridge, and creosote-treated blocks can
only be laid to advantage when the
roses are in bloom, or in the light of
the moon, etc
He also lays part of the blame to
fine sand being used for a cushion, this
being necessary for drainage, and it
washed away.
Somewhere in the Bible or Shake
speare there is a warning against
building your house on sand, as it
always washes away, and I presume
this would also apply to bridges.
Some advertising man says "There is
a reason." so there is a reason for
writing: this.
We are about to construct the great
Interstate bridge across the Colum
bia and as the taxpayers are interest
ed, that is. In a small way, we should
try to avoid a few of the mistakes of
the past An ounce of perfection is
better than a pound of excuses, so I
offer a few suggestions.
The Madison - street bridge -was
paved with carbolineum-treated wood
blocks and laid in wet' weather: that
was about three years ago, and no re
pairs have been required, which goes
to show that the-weather has no ef
fect on the efficiency of this material.
They were laid on a plank base coat
ed with pitch and no sand was used,
hence there was none to wash away.
Carbolineum makes the blocks im
pervious to water, hence they do not
need drainage. '
The carbolineum company is a local
one. its members being some of our
.most representative business men with
a high financial standing, so that they
are always within reach to- make good
their guarantee.
Instead of a nominal bond which Is
more in the nature of a farce, why not
let the contracts to responsible firms
and exact a sufficient bond that can be
collected? This is the taxpayers' money
and the men in whose care It is should
throw every safeguard possible around
it
No reputable firm who intends to
give value received will object to
giving a guarantee for Its work.
I am told that a cement base is
talked of for this bridge, and I am
informed by reputable engineers that
this, while being more expensive, is
not near so durable as plank.
This may seem strange, but the rea
sons given, are logical: v
In the first place, - very heavy
weights are used to operate the draw,
and the vibration when the draw is
being opened shakes every fiber in the
bridge, and this vibration will in time
crack the cement and cause it to crum
ble ard drop away. Cemant base can
not be patched, consequently the entire
floor must be relaid, while any section
of a plnnk floor can be taken out and
replaced.
If the base floor is made from 4x12
plank treated with carbolineum, it
will last for 25 years, and if four-inch
carbolineum-treated blocks are used,
they should last for 10 years at least
or until they are worn down by actual
surface wear.
Before the contract Is let and the ma
terial selected is the time to investi
gate and if the best material is select
ed, no excuses will have to be offered
hereafter. No mntter how reasonable
they are, they give the taxpayers a
pain. ' THOMAS M CUSKER. ,
BLUE SKY RULE FIXED
IDAHO COMMISSION CLAIMS RIGHT
TO SUPERVISE STOCK SALES.
Certificate Granted for Pocateilo Car
Line on Condition That Promoter
Gives Monthly Statement.
BOISE, Idaho. Dec 20. The Public
Utilities Commission of this state
claims the right of supervising the
securities issued and negotiated by
public service corporations. It took
this attitude on the application of J.
T. Browning, of Salt Lake, for a cer
tificate of public convenience and nec
essity to build an electric railway sys
tem in the city of Pocateilo. The
Commission granted the application,
but attached the condition that Brown
ing shall submit to it the stocks and
bond issues proposed to finance the
railway for the approval of the Com-
: : na n,all na a mnnthlv ntnte-
ment showing the expenditure of the
funds on the system aerivea irom me
sale of the securities.
That the Commission's requirement
will result in litigation to test its
right to attach such a condition to a
certificate is conceded. It Is generally
known that when the Public Utilities
Commission act, now a law in this
state, was introduced in the House of
Representatives of the last Legislature,
t. Ann.ninari a nrnvlsinii eriviner the
II. uuiaiuvu - ' ' .
Commission it createdl -authority to
supervise securities of public service
corporations. The Houe passed the bill
In that form. The Senate, before ac
cepting the measure, took out the su
pervision clause after a strenuous
fight, and with it eliminated the meas
ure was presented to and signed by
Governor Haines.
Browning and L. H. Martineau were
rivals for the control of the Pocateilo
territory, in so far as the financing
of a city electric railway line was
concerned. Martineau obtained a fran
chise from the City Council of Poca
teilo a year ago, but failed to comply
with its terms. Browning, in the
meantime financed the electric line
with the aid of Salt Lake capital, and
made application to the public utilities
commission for a certificate of public
convenience and necessity, claiming
that Martineau had not complied with
the terms of the franchise that had
been issued to him.
LAW LIBRARY .IS WANTED
Dean Ayers Begins Campaign to Se
cure 5000 Books Xeeded.
MOSCOW. Idaho, Dec. 20. (Special.)
Bv the addition of about 5000 volumes
to its present library the University of
Idaho law school would be absolutely
unsurpassed in equipment by any simi
lar institution in the West, declares
Dean Ayers. who is bending his utmost
energy to secure this library addition.
It is estimated by Dean Ayers that
by an expenditure of not more than
? 14,000 the 5000 volumes could be added.
He' believes that if the matter of rais
ing this' sum were presented to the
state bar the entire sum could be raised
easily through individual subscriptions.
The cry for more and better library
facilities has been taken up by the
students of the law school, and they,
too, have set themselves to think out
a system by which to secure the de
sired addition. The present library
equipment Is not only altogether too
. . I.,, ,i ,i v if the hi i , U M nn the
IUKCI6C1, ... - - -
shelves are of little value to prospective
.1.4 i . 1. , ., V. . . , V. a, it f flnte
praCULlUUCI 9, uciuft ' ' ' " - -
and-only remotely connected with Idaho
law.
19 Teachers Take Examination.
A START it Or.. Dec. 20. (Special?)
The examinations of applicants for
state teachers' certincates, which have
been in progress at the County Super
intendent's office during the past four
days, were concluded today. There ver;
10 r-or-ann a tnkinCT t'G CiB.m i nflt lCnC.
Their papers are to be subrnittod to
the State Board before the results will
be announced.
TIMBER TAX GOING UP
HEAVY LOGGING IX LINCOLN COt'N
TV DIE TO HOLDING COST.
Stand Placed at Approximately 3,000,
OOO.OOO Feet Paying; s Per Cent
of Government Expenses. 1
NEWPORT, Or, Dec. 20. (Special.)
The vast timber resources of Lin
coln County are commencing to be
turned into a commercial product.
The reason for this is that standing
timber is being assessed almost to its
full value, so that, according to Charles
H. Gardner, ex-County Judge, timber
now pays 65 per cent of the county's
taxes.
Royal A. Bensell, of Newport, who
investigated the timber tributary to
Yaqulna Bay in the Spring of 190S
said: "I found that besides 1.800,000,
000 board feet in the Alsea and Tachats
regions of the country that there are
193 V4 sections of timber tributary to
Yaquina Bay containing approximately
4,000,000,000 feet The timber is mostly
Douglas fir and spruce, with some
cedar and hemlock.
"To help understand how much that
is, it would require 387,o ireignt
cars, each carrying 10,000 feet to han
dle the lumber; and the train stand
ing still would reach from Portland.
Or., to Buffalo, N. Y. A train of ten
cars leaving daily, except Sunday,
would require 120 years to remove it;
7740 vessels, carrying 600,000 feet,
leaving dally, would require 25 years
to remove it, and all the men who
fought In the War of the Rebellion
could not cut it in a year even if they
were experts,"
Yaquina and Newport will be scenes
of activity when heavy shipping com
mences, as the deep water of Yatjuina
Bay will allow ships" carrying 1,600,
000 feet to dock at these places, and
sawmills undoubtedly will be erected
on the bay. The Panama Canal is
pected to hasten operations in this sec'
tion.
Mill Owner Near Sliedds Suicide.
ALBANY, Or., Dec. 20 (Special.)
Despondent because of ill-health, Leo
E. Thompson, aged 26 years, hanged
himself yesterday at the Boston Mills,
near Shedds. Thompson was a part
owner of the mill, conducting it with
his brother. Otto M. Thompson, and his
mother, Sophia Thompson, under the
name of Thompson Bros. & Co.
OVERBECK &
COOKE CO.
Broken, frk. Bonds, Cotton,
l.r. Ms ltc.
16-217 BOARD OK TRACK RLIMI.
MEMBERS CHICAGO BOA HO UK
TRADE.
CorrriPDienti of Losi
C'olcaeo and New
mm Jk Bryan.
r York. 1
MEHBKR9
-rr York Stock Exffhiaffp
Clilcnico Stock Exckingr,
Boston Stock Exchaaif,
Cblcaico Board of Trade,,
York Cotton Aiixc-b .
Now Orleano Cotton ICxchantcr.
...New York CoXfe ;xcinn.te,
.cn York Produco E.xchauc,
Liverpool Cotton Ai'a
The Mi hes of
NEVADA
produce about $80,000 worth of goto and
silver every day. It U a icreat old mate and
the opportunities for making money in Ne
vada mines are better now than ever be
fore. We issue bi-weekly for infoxmation
of our clients the
XKVA1A 31 1 XING NEWS,
which contains all the real news from all
the mines of the state all the time, and
points out now and then some extraordinary
money-making opportunities. Upon request
we will mall this publication to you regu
larly as issued for six months absoluttlv
free. Write for it today and ask us Tor any
information vou may desire about any mine
in Nevada. We know the state from one end
to the other and have personal representa
tives fn all important camps.
THE G. 8. .101IX80X COMPANY,
Mining Investments. 9S1 Phelan Bldff.
Han Francisco.
J.C.WILSON&CO.
alOCKS. BOOS. CHAIN ANI COXXO-N.
UEA1BKK!)
VEW YORK STOCK KXCHANdE.
CHICAGO BOAKU OK TBAUE.
NEW YORE COTTON KCHA?OB.
THE SfOtK ANI BONO iXCHAJJOK.
BAN FRANCISCO.
PORTLAND OFFICE:
Lewis Building, 269 Oak Street.
Phones Marshall 4120. A 4187.
FOR SALE
100 Shares U. S. CASHIER
At 93 Per Share. '
A. E. WHITE COMPAXV,
323 Monadnoek llulldlnar,
San Francisco, Cal,
MONEY IN GRAIN
10 US buys puts or calls on 10.000 buuhels of wheat Ol
com. fiofurtherrlsk. A mofn.-nt or 6 r-
KlTss you an opportunity to tsker0;c.H00:So,t300ow
Writs for particulars. Finance Brokers:. Com
pany. Desk 27. Finance blrlg.. Kansas Clty.Mo
THAVELKR3' tIlK.
True Scenic Route
Trans -continental
Trains Daily
LOW RATES
To tne
OLD COl'N'TRY
From St-Iohn
( W. St. John)
From
Halifax
STEAMSHIPS
I. .Iuka Manitoba. .
iKmprt-NS of Ireland
Sat Dec 2? iKnipreas of Britain
Sat Jun 10 'Empress of Ireland
Sat Feb 21 iFmpress of Britain
Sat Men 7 I Empress of Ireland
Tu.Mar.17. 'lit I. .Lake Manitoba. .
jSat Mch 21 .Empress of Britain
...ISatApl 4 Kmpress of Ireland
'.'. isat Apl IS Knipress ot Britain
Sun.Apl.l9.'14 I. Lake Manitoba. .
Sat May 2;Empress of Ireland
NEW FAST SERVICE
to the Orient
INTENDED SAILINGS
Van- Toko- Hong-
XAME OF - couvor hsma kong.
STEAMSHIP
Arr. Arr.
1UIS-4. 1013-4. 1V13-I.
Empress of India. Dec. 18 Jan.. 1 Jan.
haiprna of Asia. . Jan. 1 Jan. l-i Jan. 2U
r.mprci of Japan Jan. lr, Ian. T. Feb. tf
Knipre8 of Kus.il. Jan. .!. !l Keb. 1.
.Uonteaitlc '' " "; ! Mar. 18
For rates and full particulars apply Third
and Pine (Multnomah Hotel Bldg.), or
address
FKANK K. JOHNSON, ft. A. P. 1)..
Portland, Or.
COOS BAT LINK
Btesunsulp iirens-water
talis from Ainswortn Dock, Portland, at
y u every Tuesuay evening. Freight re
ceived until 13 O'CLOCK (NOON) ON
BAILIN- DAT. Passenger tars; Flrs:-
class Sl,;lr.; Second-class tmen only. ..uu,
laclj'ouig t:rth and. mials. Ticket cir cs at
LOW-'R .UNSWORTH DOCK. PORT
LAI. & 4 COOB BA STAAMSUIP L1NU,
L. H. KCATIKU. Agent
Poones- Uam 3a!U, A 322.