THE SUNDAY OEEGOXIAX, PORTLAND, OCTOBER 31Y 1915.
15
APPLE PRICES
FIRM
Market Has Distinctly Upward
Tendency. '
NET RETURNS ARE LARGER
London Cables Reiort Sales of
Yakima Jonathans at Good Fig
ures New England and
Southern Demand Active.
' The apple market Is steadily gainim in
strength, and while no further advance waa
announced in the latter part of the week,
the coune of price is distinctly strong. The
trade la await to the fact that It will haTe
to ret busy In order to secure Winter sup
plies. Early In the season buyers held
back, influenced by the belief that the
American crop would be larger than 1t has
actually proved to be. The total yield, ac
cording to the latest reports, will be about
the same as that of 1913, though some au
thorities Insist it will be materially short
of that year.
That prices are on a satisfactory basis is
shown by the returns made on North Pacific
Fruit Distributors sales of Yakima Valley
apples for the season to date, which are $1.55
to $1.70 for Arkansas Blacks. Spitaenbergs
and Delicious; $1.10 to $1.25 for Rome
lieauty and $1.30 to $1.40 for Wlnesapa and
Kewtowm.
The trade ts already taking storage Jona
thans in the Distributors' hands at the re
cent advance. These apples were put away
to make use of the storage plant. The pol
icy adopted this season of effecting the
widest distribution possible has enabled the
Distributors to clean up practically all the
remainder. The great effort this year has
been to side-step the large markets and get
Into the smaller ones.
The Texas trade is still fairly good, with
increasing strength, and. more markets are
calling for Northwestern fruit. The Boston
lemand has been unusually good, and ad
ditional markets are being developed in
New England territory. The Middle West
Is gradually coming into line and a number
of Iowa markets, which were not in the
field two or three weeks ago, are now try
ing to buy stock.
The local apple market continues quiet,
and California is slow on Northwestern fruit,
owing to the large supply of Watsonville
apples on hand.
According to cables Just received from
London, Yakima Jonathans sold there at
92.75 to $3 a box, with the freight at about
$1. Even with the high transportation
charges, war risk. Insurance and other ex
Tenses, the net returns have proved to be
healthy In every respect. Both grades of
fancy and extra fancy Jonathans net $1.5
at shipping points, which is higher than the
domestic trade paid at any time this sea
son. Prospects are that box apple exports will
be less than for a number of seasons on ac
count of the short crop and the satisfac
tory home demand. About the only variety
to be shipped In volume, if space is avail
able, will be Newtowns. These have not
developed strength in Kuropo yet.
.REACTION IN LOCAL. WHEAT MARKET
I'rices Fall Back After Friday's Advance.
October Figures Favorable.
There was no sign in the local wheat
market yesterday of the bullishness that
was displayed on Friday, and pricaa were
readjusted at a Generally lower level. Spot
blues teln bids were reduced 3 cents and
forty-fold 4 i-entB, as compared with the
preceding. There were , no sales on the
board and the country markets were also
r ported inactive.
October statistics, however, show the
month to have been much more active on
the Exchange than the corresponding month
last year. Total sales in October, 1915, were
140,000 bushels of wheat and SH) tons of
oats of an aggregate value of $153,200. In
October, 1014, the sales were 45,000 bushels
of wheat, 700 tons of oats and 250 tons of
mill feed, of a total value of 71,250.
Wheat Is coming out of the country at a
better rate than in the early months of the
season, although the total arrivals for the
cereal year to date have been 1S2S cars
less than In the same period last year.
October arrivals were 375 cars more than
in the same month of 1014. Monthly re
ceipts In carloads compare as follows::
Wheat Barley Flour Oats Hay
October, 1915. -2MM "56 212 140 $3
October, 1014. 235 -oli aS7 210
The Merchants' Exchange reports terminal
receipts In cars as follows:
Wheat Barley Flour Oats Hay
Portland, Sat.. s ll 11 16 , 13
Tear ago 4S 10 10 7 tt
Total thlsw'k. 4f-i 7S 7ft ftr. 74
Year ago "-' 79 HQ C2
Reason to date. 803 4i'S P-4 Si'tJ
Vear ago 73u0 713 97S SSI 75ts
Tacoma. Frl... 35 1 12
Year ago 33 1 31
Reason to date. SS". isa .... ISO 1019
Yearago 330? 210 .... 2o 1501
Seattle, Frl.. . . 4-i 15 S 2 5
Year ago 42 1 21 2 10
Reason to date. 414 715 fiOO 45 17SS
Year ago SRtt.t 330 $00 6tJ 1774
CALIFORNIA GRAPES HIGHER IN PRICE
Oregon Stock In Good Demand at Stesvdy
Rotes More Grapefruit In.
There was a very satisfactory cleanup in
all fruit lines yesterday. California grapes
have advanced In price, owing to rains in
that state and the near approach of the
close of the season. Michigan Concords are
moving fairly well at 22H25 cents. South
ern Oregon Tokays and Malagas were
steady.
The second car of Florida grapefruit has
arrived and It proved to be heavy and well
colored. Another car Is due tomorrow. The
Florida market Is firm with a good demand
and Indications of a short crop, so prices
are not likely to decline, at least for some
time.
Another car of Los Angeles tomatoes is
due tomorrow. California tomatoes are
quoted at $1.25 In lugs and $1 In four
basket crates. The season for Oregon to
matoes ts now practically over.
Local celery is arriving In fine condition
and the local cauliflower that is coming on
the market Is superior to that from the
south.
HOP DEALS
AT ELEVEN CENTS
Two Sales Reported In Thin State- Twelve
Cents Paid in South.
Two 11 -cent hop sales were announced
yesterday. Ed. Gravos. of Aurora, sold 73
bales to the Loavey Hop Company, and Joe
Jiartwlck. of Banks, sold lio bales, both at
this price.
H. L. Hart bought the Shoddie lot of 200
bales at Buckley, Wash., at 9 cents.
Two hundred and fifty bales of Sonomas
were sold at 12 cens to Richardson &
Wolf.
Of the New York State market, the
WatervUle Hop Reporter, says:
'The local market is at a standstill owing
to the fact that the best hops have all
been picked up and there la no demand
for the class of goods left. In the entire
t ate the majority of the bops have been
iiold. but it it not so in this locality, more
remaining In growers' hands than have been
disposed of."
Mall reports from London are of unsatis
factory conditions, but the French markets
are firm and rising rapidly with prices far
beyond those quoted for the best English
grades.
Sugar Advance Is 10 Cents.
A 10 -cent advance in all grades of re
fined sugar was announced in the local mar
ket yesterday. As there was a further rise
in the Eastern market during the day It is
probable local prices will be lifted again on
Monday.
Fretdi Ranch Eggs Higher.
The demand for fresh Oregon eggs la far
In excess of the supply. Buying cards for
the coming week quote 40 cents offered
for No. 1 grade. No change was made In
No. 2 or No. 1 grades.
Poultry and dressed meats were un
changed In price at the close, but the mar
ket was very weak. -
Butter was steady at !ast prices.
Bank Clearings.
Bank clearings of the Northwestern cities
yesterday were as follows:
Clearings. Balances
Portland $l.S41.bS g21.494
Seattle . 1,912,68 00.050
Tacoma 2u9,b40 2,7U3
Spokane 690.703 t4,905
Clearings of Portland. Seattle and Tacoma
for the past week and corresponding week
In former years were:
Portland. Seattle. Tacoma.
1915 12,i2A&' S11.275.0H2 1.16.3"
1914 9,074. 03- 10.91S,3iJ 1. 616,706
1913 ll,t41.41 1 'J. 7 03. 2,010.115
1912 Il.fc9S.tW8 53.24;i.5.5 3.'.J5,67S
1911 10.U;i7.55 11,390.042 4. 655, 20s
1910 11.02J.057 11,912.71:4 4.&7U.U40
1909 9,OU5,53fc i2,940,WJ7 5.Sy3,05
1903 0.63o.01 8,940. 707 4.204.509
19(17 R.W4.0'.t4 9.b'.ty,22y 4. 143.3
IttOti 6,98;;. S20 10.fe01.971 4.245.U1U
ly05 5.S11.9UO 7.1U3.9U7 4,0o.4a3
Portland bank clearings in October of this
and former years were:
October, iai5 $59,997,497
October. 1914 . &:, 15,22s
October, 1013 03.727.5.9
October, 1912 5S.US7.OlS
October, 111 55,133,193
October, 1910 44,344,.r0fl
October, 19U9 '. 4i,9o8,54&
PORTLAND MARKET QUOTATIONS
Grain. Flour, Feed, Et.
Merchants Exchange, noon session.
October delivery.
Wheat 11M. Ask.
Bluestem . $ .92
Fortyfold 9
Oats No. 1 white feed 24.00 25.00
Futures
November bluestem 93 .94
December bluestem 93 Va 94
November fortyfold 92 s .94
December fortyfold .!- Vz -94
November club $9 .92
December club Si .93
November fife 87 .SU
December fife 87 .90
November Russian ....... .87 .90
December Russian t7 .90
November oats 24. OO 25. 0O
December oats 24.50 25.00
November feed barley 20.C0 27.51
December feed barley 2t;.00 27.50
November brewing barley.. 27.50 29.UO
December brewing barley.. 27.50 29.00
November bran 21.00 23.00
December bran 21.00 23.00
November shorts ........ 22.00 24.00
December shorts 22.00 24.00
FLOUR Patents, $4.80 per barrel;
straights. $4.30 Q. 4.60 ; exports, $4.10 ; whole
wheat, $5.00; graham, $4.80.
MILLFEED Spot prices: Bran. $24 per
ton; shorts. $25; rolled barley, $2930.
CORN Whole, $37.50 per ton; cracked,
$38. 50 per ton.
HAY Eastern Oregon timothy, $15(1;
Valley timothy, $12(13; alfalfa, $13,500
14.50; cheat, $910; oats aqd vetch, $11
412.
Fruits and Vegetables.
TROPICAL FRUITS Oranges, Valencias,
$5. 50 5.75 per box; lemons, $2.25 4.50 per
box; bananas. 6c per pound; pineapples, 4
$'6CNper pound; grapefruit, $0,25 7.
VEGETABLES Artichokes. 7590c per
dozen; tomatoes. u0c$1.25 per box; cabbage.
lo per pound; garlic, 15c per pound; peppers,
455c per pound; eggplant, 4(g5c per pound;
sprouts, 8 ! 10c per pound ; horseradish, 10c
per pound ; cauliflower, 90c $1.25; celery,
601? 70c per dozen; beans, 8 10c.
GREEN FRUITS Apples. 75cf?$l.T3 per
box; pears, $1.00 1.63 per box; grapes, S5?
ft $1.35 per crate; casabas. lMsc per pound;
cranberries. $9.50(310 per barrel.
POTATOES Oregon, 85 90c; Yakima, $1
per a:k; sweets, $1.90ra2.00 per hundred.
ONIONS Oregon, buying price, $1.25 f. o.
b. shipping point.
Dairy and Country Produce.
Local jobbing quotations:
EGGS Oregon ranch buying prices: No,
1, 40c; No. 2, o0c; No 3, 2uc pr dozen.
Jobbing prices: No. I, 42c.
POULTRY Hens, large, 13 1 4c; small.
12&,12VjC; Springs, 1213c; turkeys. 17
6 18c; ducks, white, 13 & 15c; colored, 10(0
11c: geese, 8l0c.
BUTTER City creamery, cubes, extras,
selling at 31c; firsts, 29c; prints and car
tons, extra. Prices paid to producers: Coun
try creamery, 22tfj2Sc, according to quality;
butterfat. premium quality. 33c; No. 1 aver
age quality, 31c; No. 2, 29c.
CHEESE: Oregon triplets. Jobbers' buying
price, 15c per pound f. o. b. dock Portland;
Young Americas, 10c per pound.
VEAL Fancy, 8$8lAa per pound.
PORK Block, 8(&Syo per pound. ,
Staple Groceries.
Local Jobbing quotations:
SALMON Columbia Rlv-er, 1-pound tails,
$-'.30 per dozen; one-half flats, $1.60;
1-pound flats, $3.50; Alaska pink, 1-pound
tails. 85c.
HONEY Choice, $3.25 per case.
NUTS Walnuts, sack lots, 1 He; Brazil
nuts, lCc; filberts, 1618c; almonds, 1
22c; peanuts, 6c; cocoanuts. $1 per dozen;
pecans, 10&'20c; chestnuts, 10c.
BEANS Small white, 5.65c; large white,
5c; lima. 5c; bayou, 5. 60c; pink. 4.85c.
COFFEE Roasted, in drums, 14-giSSc.
SUGAR Fruit and berry, $6.20; beet,
$6.10: extra C. $5.70; powdered, in barrels,
$6.45; cubes, barrels, $6 60.
SALT Granulated. $1.50 per ton; half
grounds, 100. $10.50 per ton; 50s, $11.50
per ton; dairy, $14 per ton. ,
RICE Southern head, 5He4o per
pound; broken, 4c; Japan style, 4&5c.
DRIED FRUITS Apples, So per pound;
apricots, 1315c; peaches, 8c; prunes, Ital
ians, 8. 9c; raisins, loose Muscatels, Sc; un
bL?anched Sultanas, 7 ; seeded, 9c; dates,
Persian, 10c per pound; fard. $1.65 per box;
currants, 8!4$$12e; figs, 50 (-ounce, $2; 10
4-ounce, $2.25; 38 10-ounee, $2.40 ; 12 10
ounce, 85c; bulk, white, 78c; black, 6c
Hops, Wool, Hides, Etc.
HOPS 1915 crop, 9 12c per pound.
HIDES Salted hides. 16c; salted kip, ISc;
salted calf, 16c; green hides. 13c; green
kip. 13c; gnsen calf, 18c; dry hides, 25c;
dry calf, 27c
WOOL Eastern Oregon, 1 S 25c; Valley,
27ift 2Sc; Fall lambs' wool, 25c.
MOHAIR Oregon, S7ff30c per pound.
CASCARA BARK Old and new, 8 4c
per pound.
PELTS Dry long-wooled pelts, l&Hc; dr
short-wooled pelts, llsc; dry shearllnjcs, 10
15c each ; salted shearlings, 15 pitta
each; dry goat, long hair, 13c each; dry
goat shearlings, 10 20a each; salted long
wooled pelts, September, 75c $1.25 each.
Provisions.
HAMS All sixes, choice, 20c; standard,
13 He; skinned. IS IS Vfec: picnics, 10ic;
cot tape roll, 16c; boiled, 17 28e
BACON Fancy, 29(0; 31c; standard, 24
25c; choice. 18 23c.
DRY SALT Short, clear backs. 11H&14C;
exports. 11 13c; plates, 10Jflla.
LARD - Tierce basis, ksttle rendered,
13c; standard. 1 1 'j c; compound, 10 4c.
BARREL GOODS Mess beef, $21.50;
plate beef. $22.no; plate pork, $20; tripe,
$10. 30ft 11.30; tongues. $30.
Oils.
KEROSENE Water white drums, barrels
or tank wagons. 10c; cases, 17H50Hc.
GASOLINE Bulk, 14 H; cases, 21 c; en
gine distillate, drums, 9c; cases, 16c; nap
tha, drums. 13Ho; cases, 20 Ha
UNSEED OIL Raw, barrels, 72c; raw,
case. 77c; boiled, barrels, 74c; boiled, cases,
79 c. .
TURPENTINE In tanks, 7c; in cases,
74c; 10-case lots, lc less.
SAX FRANCISCO PttODCCE MARKET
Prices Carre nt on Butter, Eggs, Fruits. Veg
etables, Etc-, at Bay City.
SAN FRANCISCO, Oct. 80. Butter Fresh
extras, 27c; prime firsts, 25c; fresh firsts.
24c.
Fggs Fresh firsts, 40c; pullets, 39c.
Cheese New, 15H 164c; California
Cheddars. lHc; Young Americas, isc.
Vegetables Summer squash, 40 a 50c;
string beans. 21t3c; wax. 334c; II mas.
3 'n.lUc; esic plant, 40 5 75c; bell peppers.
3U40c; tomatoes, 4075c; cucumbers. 23g
40c ; cream squash, 50 g 65c.
Onions California. 85c $L
Fruit Lemons, $33.25; oranges. $20
3.50; grapefruit. $2.50 5 4. 5u; pineapples, Ha
waiian. $1 23 si 2 bananas. Hawaiian. 50c &
1.75; apples, bellefleurs, 90c. Deciduous
fruit: Crapes, tokay. 75$S5c; pears. Winter
Nolls. 75c5$1.50.
Potatoes Delta. SOe iff $1 ; Salinas. $140 O
1.55 : sweets, on the street, $1.S5.
Receipts Flour 10.810 quarters, barley 19.
815 centals, beans 11, 2 SO sacks, hay 2b0 tons,
potatoes 2600 sacks.
New York Sugar Market.
NEW YORK. Oct. 30. Raw sugar firm;
molasses. $3.6;3.75: centrifugal. $4.45
4.52. Refined firm, 10 points higher. Cut
loaf. 6.25c: crushed 6.15c: mould A, 6.80c;
cubes. 5.60c; XXXX powdered. 3.50c; pow
dered. 5.45c: tine granulated, 5.35c: dia
mond A. 5.35c; confectioners' A, 5.25c: No.
1, 0.10c.
Naval Stores.
SAVANNAH. Ga., Oct. 30. Turpentine
firm. 50 Uc; sales. 81: receipts, 273; ship
ments. 143; stock. 11,077.
Rosin firm. Pies. 036; receipts, 900;
shipments. 590; stovk. 59.403. Quote: A. B
C, D, E. F, 4.37H: G. $4.53; H. I.. $4.40
4.45; K. $4.70?5; M. $3.55; N. $6; W, G.
$6.25; WW, $5.J(X
Chicago Dairy Produce.
CHICAGO. Oct. SO. Batter unchanged.
Ebss higher. Receipts 2675 cases; firsts.
27 27 Sc; ordinary first. 26 O -Hc; at
mark, cases Included, 20 $ 27c
Hops at w York.
NEW YORK, Oct. 30. Hops steady.
WHEAT PRICES SAG
Record - Breaking Receipts
Cause Drop at Chicago.
CLOSING IS UNSETTLED
Balkan Reports Count In FTor of
Bears Export Trading Is Not
a Factor Late Rally Due
to Evening Up.
CHICAGO. Oct. 30. Record-breaklnc re
ceipts led to a KTod deal of bear pressure
today on wheat. Largely In consequence
the market, which closed unsettled, was c
to 1Q1C net lower, with December at
$1.01 and May ajt $1.03 K. Corn lt H &
Mo to He and oats 5 4 to Kc In pro
visions the outcome varied rrom 47&c de
cline to a rise of 77 c.
Assertions that Rcumanla would Join the
Anglo-French allies counted to soma extent
in favor of the wheat bears and so also did
reports of the dispatch of RussiaiL-frces
to invade Bulgaria from the east. On the
other hand, little waa beard of export de
mand, although some, business was put
through. A slight rally in the last few
minutes appeared to be due to week-end
evening-up.
Fine weather, that implied larger re
ceipts, tended to ease the corn market.
Foreign advices, however, acted as some
thing of an offset.
Oats gave way a trifle with corn and
wheat. Export transactions at the sea
board prevented any serious decline.
Realizing sales by longs weakened the
provision market as a whole after an early
advance that resulted from higher Quota
tions on hoga A notable exception to the
general setback was a squeeze against
shorts n October ribs. The bulge, which
amounted to 77 He. was accompanied by
but little active business.
Leading futures ranged as follows:
WHEAT.
Onen. Hirh
Low. Clbse.
91.014 1.01
1.05 1.0314
.S7 .5774
.69 U .59
.38 .38
.39 A .39
Dec
May
. . 1.04 1.04 H
CORJf.
. . .57 74 .SS
. .& .,
OATS.
. -2ST4 .39 H
. .3 .3i
Dec
May
Dec.
May
MESS PORK.
Dec
Jan.
14. 3
16.90
14.70
' 1S.90
LARD.
14.00
16.411
H.1I
14.46
8 87 9.00 S.80 J.B7
Jan 9.12 9.1S S.Si 8.90
SHORT RIBS.
5 10.10 t.5 10.10
Jan 9.17 9.17 s.Ili S.97
Cash prices were:
Wlieat X'o. 3 red. 51.1001.12; No. a red,
H. O6I&.1.09; No. 3 hard, 97c1.01.
Corn No. 2 yellow. 4 94(S:65c; No. 8 "yel
low. 4464?ic: No. 2 white, 644'4c.
Rye No. 1. 1.03. "
Barley 54iic 63c.
Timothy o& 7.75.
Clover $IlfeU.
Primary receipts Wheat, 3.153,000 vs.
2.275. 000 bushels; corn. 583,000 vs. 453,000
bushels; oals, 1.5.'3.O0O vs. 1.123,000 bushels.
Shipments Wheat. 1,1'92.000 vs. 864.000
butthells; corn, 231.000 vs. 251.000 bushels;
oats. 1.US4.00O vs. 769,000 bushels.
Clearances Wheat, 1.264.000 bushels;
corn. 10GO bushels; oats, none; flour, 17,000
barreh,.
Foreign Grain Market.
LIVERPOOL,. Oct. 30. Cash wheat un
changed to ltd higher. Corn and oats un
changed. Minneapolis Grain Market.
MINNEAPOLIS, Oct. HO. Wheat Decem
ber. 964c; May, 9974c; No. 1 hard, tl.014;
No. 1 Northern, 9Slfc(1.00.
Barley 50 57c.
Flax Jl.biai.S6.
Eastern Grain Futures.
DULUTH. Oct. 30. Wheat Closed: De
cember, 964c bid; May, tl bid.
WINNIPEG. Oct. 30. Wheat Closed: De
cember, 9440 bid; May, 9914c bid; October,
11.01 bid.
KANSAS CITT, Oct. 30. Wheat Closed:
December, 9654c; May, 9Sc.
ST: LOUIS, Oct. 30. Wheat Closed: De
cember. S1.0134; May, 1.03.
Eastern Cash Markets.
OMAHA, Oct. 30. Wheat, 2c lower. Corn,
14o lower.
KANSAS CITY, Oct. 30. Cash wheat, le
lower. Corn, fcc to lc lower.
ST. LOUIS. Oct. 30. Cash wheat, un
changed. Corn He lower. Oats, vc lower.
Grain at San Franclsro.
SN FRANCISCO. Oct. 30. Spot quota
tions Walla, 81.6214 1.65; red Russian.
$1.5714 1.60; Turkey red, 81.67 V- 1.70;
bluestem, 1 701.72!4 ; feed barley, $1,27 0
I. 30; white oats. Jl. 3341. 37: bran. S24.50
25.00; middlings, $30.00(331.00; shorts, $24.50
Call board Barley, December, $1.31;
May, $4.37.
Pnget Pound Grain Markets.
SEATTLE, Oct. 30. Wheat Bluestem,
93c; turkey red, 9314c; fortyfold, 92c: club,
89c; life, 87c; red Russian, 87c. Barley.
$26.50 per ton. Yesterday's car receipts
Wheat 42, Oats 2, baxley 15, hay 5, flour 8.
TACOMA, Or. 30. Wheat Bluestem.
93c; fortyfold. 92c: club, 90c; red fife, SS.
Car receipts Wheat 35, barley 1. hay 12.
WHEAT SUPPLY AMPLE
ALMOST SV'KFICIBXT FOR TWO
YEARS REQUIREMENTS.
Xo Fear of Shortage in Importing
Countries If Transportation Ar
rangements Can Be Made.
Discussing wheat supply prospects through
out the world, the London correspondent of
the Northwestern Miller writes:
As regards supplies for the season It Is
obvious that the indicated world's surplus
in exporting- countries Is so large that it is
almost sufficient to satisfy two years av
erage requirements of the fmporting coun
tries. The London Grain Reporter esti
mates the requirements of this countrv at
23,ir00,000 qrs., those of France, Italy, Hol
land and Belgium at 7,000,000 each, Spain
and Portugal l.OOo.OOO, other European coun
tries 6. 500,000. and non-European countries
8.OOO.000. This makes a total of 6S.50O.C0O
qrs., and It is suggested that Germany may
require ,000.000.
The estimated surpluses are as follows:
I'nitod States, 42.000. Ooo qrs.; Canada, 24.
00O.O00; Argentina, 12,000,000; Australia, 8,
OOO.OoO: Ind'a. $6,000,000; North Africa etc.,
1.500.000; Russian (Including the balance of
the lt14 crop). 30,000. 000; the Balkans. 10,
000,000 making a grand total of 133,500,000
qrs. These figures Indicate that, if the
transportation arrangements can in any way
be compassed, theTe Is no fearof any short
age In the importing countries.
In the United Kingdom the weather has
been generally fine, and in the North the
harvest has made excellent progress. In
many districts the grain is not threshing
quite so well as was expected, as, owing to
the slow growth In mid-Summer, the heads
did not get properly filled.
In France the weather Is overcast, with
some rain, but more is needed in order to
admit of Autumn cultivation, which is be
ing delayed, both plowing and sowing be
ing difficult, owing to the srll being dry
and hard. The delay to cultivation, how
ever, is not considered serious. The dry
weather has enabled farmers to devote more
time to threshing. The results have not im
proved, but northern departments, vrhich
produce the bulk of the grain, are much
more satisfactory than the southern.
In Spain, plowing and mowing operations
are in full swing, and although some showers
have fallen, more moisture is requisite for
Autumn cultivation ana the satisfactory ger
mination of the seed now being sown.
In Russia the lack of labor has delaved
the harvest, and the intensely hot weather
Just before the cutting period had an ad
verjse effect, Spring and hard wheats suffer
ing mo, and although the quality will be
fairly up to the average the quantity will
be under. In the aggregate. Winter wheat Is
good, and threshing operations are being
pusaed forward with all dispatch. - In some
districts, however, the eather has been
warm and showery, while In others more or
less copious rain was reported, which in
terrupted the carting of the grain.
In the Unner Volsa resrion the harvest
ing of Winter and Spring wheat has made
rapid progress, and Autumn field work is
being taken in hand. In the Lower Volga
districts the harvest is better than last year,
official estimates giving a total yield of
113.440.000 qrs., against 85.700,000 in 1U14.
uonstantine, jsortn Africa, aa vices state
that if weather conditions are favorable
thresh in cs will be finished bf the middle of
October. Tunis reports copious rains in the
center and south, and cola, stormy weatner
in the north.
From India, private cables report good
rains in most parts of the Punjab and the
outlook In nearly the whole of India is
now fairly satisfactory, with further rain
likely in the northwest. In the United
Provinces East. Punjob Bast and North,
Central India West and Central Provinces
Hast, the rainfall was excessive, but else
where fair to normal. '
The position in the Australian Common
wealth continues highly satisfactory. Good
rains have fallen in New South Wales, and
useful rains are reported in Victoria. A
splendid rainfall is reported from South Aus.
tralia and in Queensland. Soaking rains have
greatly relieved agricultural interests.
The latest Argentine cables stats that the
recent ruins have for the most art im
proved the agricultural outlook, but accord
ing to mall news the drouth was rather
serious.
STEEL PRICES RISING
QUOTATIONS ADVANCED TO CHECK
HEAVY NEW DEMANDS.
Current Wire Business Is Largest on
Record Purchases of Railway '
Equipment Steadily Increasing.
,Tbs.t prosperity has returned to the Iron and
steel industry is not open to question, and
Just what this means to the country at large
is now beginning to be fully appreciated.
It is obviously necessary to get the wheels
started before general business can advance
to new goals and a study of the reports from
all sections cioarly shows that the wheels
are on the right track and are moving in
the right direction, says Dun's Review.
To explain tae transition from a state of
depression to one of activity in strictly mer
cantile lines it is not necessary to look be
yond the iron and steel trade, although ag
ricultural success is a contributing factor
of no little weight. But in the final analysis
it Is plainly the steady increase In the pro
ductive force that furnishes the means for
expanding consumptive requirements and
thousands of men who were earning com
paratively little, if anything, a few months
ago. are now receiving full pay envelopes
every week. Hence, it Is really the boom
in iron and steel that is supplying the mo
tive nower to the wheels of progress in other
direction, while the big crops afford a
solid foundation lor tne upiut.
The fact that the tide of returning pros
perity is the direct outcome of the war does
not check the current, but It is gratifying
that the foreign demand in Iron and steel,
though sttll the dominant Influence, do not
so completely overshadow the markets as was
formerly the case. In other words, domestic
business is broadening materially i and the
railroads, af'.er a protracted period? of con
servative buying, are now playing a promi
nent part. Purchases of equipment by these
interests .are steadily enlarging and, with
European orders continuing unabated, man
ufacturers are virtually swamped with work.
For example, the wire trade le reported
to 0e more active than at any time in its
historv. and elsewhere so many contracts
have ipn hooked that deliveries are several
weeks behind. This results in premiums
being paid for prompt shipments wherever
they can be made, and, while there is no
evidence or the unaestraDie leature oi r&piu
nrin inflation, in some instances quotations
are beln raised in an effort to check the
rush of business.
Much space would be required to discuss
all of tho favorsble sides of the situation,
the resumption of an active buying move
ment in pig iron being one oi idb
interesting developments.
MARKET FAVORS SELLERS
SHEEP RECEIPTS BARELY EXOiGH
FOR LOCAL TRADE.
Cattle Prices Are Steady, With Light
Demand for Feeder Stock.
Hoar Run Large.
There was a large run of hogs at the
Portland stockyards in October, the gain
over the same month last year being 6916
head. Cattle receipts were slightly less and
sheep receipts materially under those of
October, 1914. Arrivals of stock compare as
follows:
Cattle. Calves. Hogs. Sheep. Cars.
October, 1915. 0,005 4i7 So.lDt 10,100 ttO'J
October. 1014. it.ua H aa.l'So a7.2U3
Increase Otf 0,010 15
Decrease .... 137 17.135 . .
Tear to date. 61.031 22S3 l&7.7-'5 172.U03 5223
Last year... 5,741 2322 17,6it 54.008 5027
Increase 21,033 ......
Decrease... 5.S10 3'J 81,107 404
There was no trading at the yards yester
day. Receipts were 347 hogs. The ship
pers were: C. E. Lucke, Canby, 2 cars
same, Molalla, 1 car; Scharlngler &. Rent,
Lebanon. 1 car.
Reviewing local market conditions the
Livestock Reporter says:
"The cattle market is continuing steady.
Steers with the exception of heavyweight
stuff are on a good steady basis. Whil
Monday did rot bring any exceptional
prices, yet stuff seemed to sell for all It
was worth. Heavy cattle was not in de
mand as usual, light, heavy weights being
wanted in nearly all cases. She stuff isn't
coming In great quantities and It looks
as if the market for this class of stuff is a
shade stronger. Bulls sold as high as 5
cents and stage as high as five-fifty. The
feeder movement is not large; several cars
were taken out within the past lew days.
Feeder buyers are bearing down as much
as possible, seemingly unwilling to take
high-priced steens to ttve feed lot. A lot
of feeders held by a speculator moved early
In the week to Eastern Oregon.
- "Receipts of hogs at this market have
been excellent. Monday opened with about
4700, and about 1000 bead each day since
until today, owing to tne break in the
East, which was entirely expected by those
who keep In close touch with livestock con
ditions in general, a gooa many iaano snip
pers who chase butterflies lately got in
on the low spot at several eastern centers.
Those who take their chances are generally
speculators. Producers find it profitable to
nick out a market ana stick to It.
"There seems to be but barely enough
finished mutton trade coming to take care
of immediate requirements. wuauty ship
ments -have been the rule this week. The
supply in sight, present and prospective,
favors the sellers."
Current prices at the local stockyards of
the various ciase ox livestock, are as ioi
lows: ('At tie
Choice steers . $6.60 6. S5
Good steers 6.00 6:6.25
Medium steers
Choice cows
Good cows
Medium ctfws
Heifers
Bulls
Stags
Hogs
Light Heavy
Sheep n
Wethers
Ewes
Lambs
Omaha Livestock Market.
OMAHA, Oct. 30. Hogs Receipts 1700,
higher. Heavy. $7.10 7. 2i; light, $7.20
7.20; pigs. S6.SO&7.1; bulk of sales, $7,150
Cattle Receipts 20O, steady. Native
steers, $6.5010; cows and heifers, $5,50 0
7: Western steens. $6 6 8.00; Texas steers,
$3.807.20; etockers and feeders, $5.508.25.
Sheep-teceipts ju, sieaay. leanings,
$)6.50; vetherst $3. 50 6; lambs, S3. 60
8.60.
Chicago Livestock Market.
. CHICAGO. Oct. 30. Hogs Receipts 7000.
slow 5 to 10c above yesterday's average.
Bulk. $6.607.3O; light, S.60(g 7.30: mixed.
J 501". 70; heavy, $d.35 7.60 ; rough, $6.S5
46.55; pigs. $3.50 & 7.
Cattle Receipts BOO, weak. Native beef
steers, $5.90010.50: Western steers, $4.60 9
8 60: cows and heifers, S3.808.2; calves.
67.25911.
Sheep Receipts 2000. firm. Wethers. 6
6.65; ewes, $3.905. S5; lambi, $6.758.90.
Cashmere Apples Sell at CMcago.
WE NATCH EE. Wash.. Oct. 30. (Special.)
A car of Cashmere apples sold on the
Chicago auction Monday and brought fair
prices considering the general level of the
apple market. Extra fancy Roman Beauties
averaged from $1.55 to $2.30, Steymen from
$2.10 to $1-40 and Spitzenbergs, $2.70 to $2.
6.ZD 5.73
6.00 5. 60
4.504.75
.754.26
S.&O 96.00
S.O0&4.5O
4.50$S.25
6.757.00
6. 75 O6.00
4.75?.S5
4.003.60
6. SO 7.35
STRONG FRd START
Stocks Advance in Face of
Profit-Taking Sales.
STEEL LEADS IN ACTIVITY
Dealings Closed at Best Price Since
101 0 Coppers Firm on Ad
vance in Metal Quotation.
Foreign Kxchange Weakens.
NEW TORK. Oct. 3. There w a con
tinuance today of tbe brief demand lor
railway and other investment shares which
marked yesterday's active sessions. Stocks
were strong from the outset, though re
ceding fractionally at intervals under heavy
profit-taking. Total sales exceeded 700.000
shares, with a broader" distribution of opera
tions. War shares were most conspicuous in the
initial dealings, but that group gave way
to sucn seasoned shares as the Harrlmans
and Hll.s, Norfolk Western, New Tork
Central, Reading and Chesapeake & Ohio.
Union Pacific roie-iH to 134. Southern
Pacific 2 54 to 102, and Chesapeake rose
S to 2. Some of these prices represent
ed htghest quotations for a year or mora.
Canadian Pacific was under tho pressure
of realizing sales on yesterday's substan
tial rise.
United States Eteel was again the cyno
sure of speculative attention, opening with
7500 shares at S3, an advance of Vi point,
and its maximum since 1U10. Later it
made a further gain to 884. but at that
level enormous selling orders stopped the
rise. Steel closed at but soma private
sales at a slight advance over that price
was reported after the session's close.
Metal shares were In further demand.
Anaconda Copper advancing a point to the
new high price of S3 . Utah, Inspiration
and Guggenheim were active at moderate
advances. Unofficial quotations showed
another advance in the price of ( refined
copper here and abroad.
Automobile stocks afforded some diver
sions. General Motors rising almost 4
points to the new record of 38S. and Willys
Overland rose 12 to 262. Maxwells. Stude
baker, Baldwin Locomotive and General
Electric gained 2 to S points; Bethlehem
tAi was Attain reactionary, a single sal.
of 100 shares showing a loss of 1314 "at I
There was a sudden renewsl of weakness
In exchange, demand sterling losing most
of its recent recovery on th. withdrawal of
Important buying interests.
Bonds showed increased strength on the
moderate turnover of about 3.00u.OOO value.
United states bonds were unchanged on
call during th. week.
CLOSING STOCK QUOTATIONS.
Closing
Sales. High. Low. bid.
Alaska Gold s.6(0 8214 31 Hi 32
Allls-Chalmers.. 1.100 43 42 42Js
Am Beet Sugar. l.H'O oe 604 '
American Can.. 4.60O 3!s 61 S 62
American Loco. S.2ft0 71 0V .OH
Am Sm st Kefg. 3.000 9414 83 93 J4
do pfd 10914
Am Bug Refg... 2.400 113M. 112 JS
Am Tel Tel... 1.100 12414 12 . 12JH
American Tob - - - - - - -
AnaconJa Cop.. 3S.2O0 SSTi 82 J. 2Jt
Atchison 3.100 108-.-10T li'S
Baldwin Loco.. 13.4CO 319 134 S I4 Mi
Bait A Ohio 7.400 94V4
Both Steel 5Ii
Br Rap Trans.. 1.500 87 97 S.H
Calif Petroleum -JS'
Canadian Pac... 4.-900 1S4 1R3 -f
Cent Leather... 7.6O0 B9 B9H
Ches Ohio 22.800 62 J9H 62
Chi Grt West... 2.30O 1
Chi Mil & St P. 2.800 OS 94 3
Chi & N W 0 131 S 131 131 J,
C R I P Ry.. 1.600 IS 1S4i 18V4
Chlno Copper... 2.3W 53 52 .JrJ
Colo Fu &l Iron. 2.200 r.Sli & S Bi
Cruclb'.a 6teel... 3,800 8T 85
D ft R Q Bid... ..... ..... IS
Dlst Securities.. .ll"0 4JT4 4H 48J4
Erie 32.000 43i 424 42
Gen Electric K.90O 163 180 1S1J
Grt North pfd.. 8.400 12St4 1?4S 1JJH
Gr Nor Ore ctfs. 10 .100 32V4 31 31 '4
GiicKcnh-lm Ex. 16.1O0 73 Tl
Illinois Central 10;4
Int Cons Corp... 4.80O 234 22 23
Inspiration Cop. 14.800 46 43T4
Jut Harv. N J
K C Southern... 6.600 S3H 3S 33
Lehigh Valley.. 5.200 61 '.4 0s 8H
Louis & Narh 127
Mex Petroleum. 2.000 01 89 S3
Miami Copper... 9.700 33 3S! 3.i
M K T Pfd 1
Missouri Pnciflc. 1.500 5 5 5
National BlBcult 1?3.,
National Lead.. 600 67 6i 6i
Nevada Cop l.0 13 13
N Y Central 0,200 1"3, 102 103
N Y. N H & H. 4.000 N3 82 82T4
Nor ft Western. 8.900 119 117 119
North Pacific... 10.400 113 114 113
Pacific Mail.... 700 31 'A 31 31
Pac Tel ft Tel.. 200 44 43 43 !4
pennsvlvanla .. 11.300 6014 RT4 60
Pull Pal Car SOO 108 108 10S
Ray Cons Cop.. R.S00 26 20 211
Reading 21.OI0 84 82 S3
Rep Ir ft Bteel. 3.800 33 54 34
Southern Pac... 2C.2O0 102 loo 101
Southern Ry 7.200 23 23 23
Studebaker Co.. S.eoO 173 169 172
Tennessee Cop.. 2.400 4'i 63 63
Texas Company. 300 171 170 170
Union Pacific... 28.800 139 137 138
do pfd 82
U S Steel 81.300 88 87 874
do pfd 2.800 117 11 H
rtah Copper... 12.200 73 72 72
Western Union.. 7"0 SI 81 - 80
West Electric. .. 9.100 7314 72 72
Montana Power. 700 60 39 59
General Motors. 2.100 393 874 390
Total sales for the day. 700,000 shares.
BONDS.
U S ref. 2s reg.. 97A'Nor Pao 4s 92-
do. coupon.... 7!Xor Pac 3s 64
U S 3s. reg 101 iPac Tel ft Tel 5s !8
do. coupon. .. .101 iPenn con. 4s 104
U 8 4s. reg.. ..109 rSou Pao ref. 4s. 87
do. coupon. .. .109 lUn Pac 4s 93
Am Smelt 6s. . .107 U'n Pao cv. 4s.. !3
Atch een. 4S. . . 93TT S Steel 5s... 103
D ft R G ref 3s 5ft Sou Pac cv 5s.. 106
N Y Cen deb 6s,109
Money, Kxchange. Etc.
JCEW YORK. Oct. 30. Mercantile paper,
33 per cent.
Sterling. 60 day bills. $4.5950: demand.
$4.6330: cables. 4.64
Bir silver. 49c.
Mexlcsn dollars. 37c.
Government bonds steady.,
Railroad bonds strong.
SAN FRANCISCO. Oct. SO. Sterling. 60
days. 4.61 : demand. S4.63: cable, 14.65.
Mexican dollars, 4ic: araits. signt, i
per cent; do telegraph. 4 per cent.
LONDON, Oct. 80. Bar silver, 24 l-18d per
ounce. Money. aQ4 per cent.
INCREASE OF FOUR MILLION DOLLARS
More Federal Reserve Notes Taken Out In
Fast Week.
WASHINGTON, Oct. 30. The net m-mount
of Federal Reserve notes taken out By rea
eral Reserve banks increased nearly $4,000.
000 worthduring the past week, according
to a statement of the banks' condition. Octo
ber 29. issued today by th. Federal Reserve
Board. it snows: .
Resources
Gold ooin and certificates In
vaults 21R.24.000
Gold settlement fund 61,960,000
rsold redemntlon fond with United
States Treasurer 1.222.000
Total gold reserve 281.406.000
Legal tender notes, silver, etc. . . 37,iks.u(u
Total reserve $318,464,000
Bills discounted ana oougnt
Maturities within 10 days $ 4. 939. OOO
From 11 to 30 days 10.593. 0O.1
From 31 to 60 days 13.99..00
From 61 to 90 days 8.442.000
Over 90 days 2.102.000
Total $ 44.067.000
Investments
fnlted Ststes bonds $ 10.3O3.tW)
Municipal warrants 23.01 4.000
Federal Reserve notes, net 19,723,000
Duo from Federal Reserve Banks
net 8 333. f on
All other .resources 3.645,000
Total 1-resources
Liabilities
Capital paid in
Government deposits ......
Reserve deposits, net......
Federal Reserve notes, net..
.$429,931,000
.$ .n.83..vin
. 13.000.0OO
. 843.334.000
. 13 91S.C0.)
Total liabilities $429.991. OOO
Gold reserve against net liabilities. 77.3
per cent. -
Cash reserve against net liabilities. 87.3
per cent
Cash reserve' against llsbllltles after sea
ting aside 40 per cent go!d reserve against
net amount of Federal Reserve notes lb
circulation, 89.4 per cent.
SCRPLCS RESERVE AGAIN INCREASING
Gain of Three and Half Millions Reported
by New Tork Banks.
NEW YORK. Oct. 30. The statement of
the actual condition of clearing-house banks
and trust companies for the week shows
that they hold $1H6.215,170 reserve in excess
of legal requirements. This is an increase
of $3,415,120 over last week. The statement
follows:
i incrfaw.
I Loans, etc $8,044,229,006 $24,664,000
Reserve, own Its. .$526,287,000 4.363.000 I
Rsr-ve in Federal f
reserve bank 164.61.000 3.541,OOOt
Reserve In other de- j
posltaries 46.554. OO 361. OOO (
Net demand dep. . .S,l-5..6U.0"u 27,iMVUiH
Net time deposits. . 144.251. OOO 2.601.000
Circulation 35.601.0K) 113,000 '
wnien vto,oo3,wo in specie.
Decrease.
Aggregate reserve. $737,462,000: excess
reserve. $196,215,170; Increase. $3,413,120.
Summary of state banks and trust com
panies in Ureater New Tork. not included in
clearing-house statement:
Increase.
Loant, etc $602,803,600 $ 556.300
Specie 52.04 l.BOO 45. 7O0
Legal tender ,2i5.S.tKH 57,&N)
Total deposits . 794.44,300 13.138.500
Banks cash reserve In vault. $lO,S9S.30O.
Trust companies" casn. reserve in -vault.
$50,412,200.
Coffee Futures.
NEW YORK. Oct. 30. Th. market for'
coffee futurea opened steady at unchanged
prices to an advance of 3 points in sym
pathy with continued steadiness in Brasll.
There was some further Wall street and
foreign buying, but support wss much less
active than recently and the market sagged
off from 6.75c to 6.7oc for March and O.S6C
to 6.80c for May. under scattered realizing.
The close was net unchanged to four points
lower. Sales. 8500 bags. November and
December. 6.70c: January, February and
March. 6.69c: April. 6.74c; May, 6.79c; June.
0.84c; July, 6.88c; August, 6.93o; September,
6.98c
Spot steady: Rio 7s, 7e: Santos 4s. 9c
No change was reported In tha cost and
freight situation.
The official cable reported an advance of
123 reis at Rio. Rio exchange on London
was unchanged. Santos unchanged.
Cotton Market.
NEW YORK. Oct. 3a The cotton market
closed steady within a point or two of the
best, net unchanged to four points lower.
Spot cotton quiet. Middling Uplands,
12.2oc.
Dulnth .Linseed Market.
DULUTH. Oct. '30. Linseed, cash fl.865
L86; December. $1.83; May. $1.88.
Dried Fruit at New York.
-v itvy xukjs., uct au. evaporated apples
firm; prunes, strong; apricots and peaches,
.tudv mlMini Alitor.
Metal Market. -
NEW YORK. Oct. 30. Copper aulet. Elec
trolytic 18318.12c Iron unchanged.
Elgin Butter Market.
ELGIN. 111.. Oct. SO. Butter higher. 100
tubs at 28c.
SENATOR LETS WIFE GO
Mr. Hoi I Is, of Xew Hampshire, Will
Not Contest Divorce..
COXCORI. N. H.. Oct. 26. Tho an
swer of Henry H. Hollis. United States
Senator, to the bill filed by bis wife
asking; for legal separation and sup
port, maiied by the Senator from New
foundland, has been received at the of
fice of tbe clerk of tbe Superior Court.
In it tbe senator recognizes bis obli
gation to support hist v.'lfe. announces
that he will not contest the suit, but
will allow the decree to be entered, and
will leave it to the court to determine
tbe amount which be will pay to bis
wife for ber maintenance.
In his answer Senator Hollis says
in part:
"When we separated, in May, 1912.
because of incompatibility, she spent
about a year in Europe with her chil
dren, and I made her a liberal .allow-
ance. For some time up to July,-1915,
I paid her $4080 per year for the sup
port of herself and my daughter. About
the middle of June last further differ
ences arose which would. I be
lieve, have been amicably adjusted if
she had not employed Mr. Streeter. He
bears me a personal grudge.
"I shall Jreturn to Washington soon
to attend the sessions of the Joint Con
gressional committee on rural credits.
I am now engaged as chairman of the
land mortgage committee of said com
mission on an exhaustive study of the
subject.
"I consent to a legal separation and
Join in the prayer that a suitable al
lowance be made for ber support; also
that she have tHe custody of her daugh
ter, Anne R. Hollis. After furnishing
detailed facts I shall leave the matter
of an allowance to the discretion of
the court- I do not wish to be beard.
It is my experience in such cases that
a personal contest In court eerves no
useful purpose, and i... dignified and de
grading to both pcities."
The answer is signed by Mr. Hollis
and was executed at Bay of Islands,
N. F., on October 15. '
HEAVIER TAX IS ADVISED
Professor Would Levy Married Men
Heavier Than Bachelors.
XEW YORK, Oct. 24. Matrimony
should be discouraged by compelling
married men to pay a heavier tax than
bachelors. Professor Joseph French
Johnson, of New York University, de
clared before a state legislative tax in.
vestigation commitee yesterday. Dis
oussion of a proposed Income tax
caused Professor Johnson to assert his
disapproval of showing favoritism to
married men.
"I would not exempt married men,"
he said. "I would not give any pref
erence to a man who is married over a
bachelor, because I do not believe it is
a good thing to encourage matrimony
by lowering taxation."
Johnson explained that he agreed
with the theory of Thomas R. Malthus
that population has a tendency to in
crease faster than the means to sup
port it.
"I believe that the awful war over
In Europe is being fought out because
the human race has deliberately re
fused to see the lessons of his doc
trines which were taught a hundred
years ago," the professor said.
SWISS INVENTORY STAPLES
Wool, Cotton and Rice to Be Valued
and Hotel Men Suffer.
LONDON, Oct. 28. A dispatch to
the Morning Post from Bern says that
German inspired new.-spapers in Switz
erland are attacking a private import
trust recently formed by Geneva mer
chants. A similar import trust has
been formed by merchants at Basle.
The Swiss government is about to
make an inventory of existing stocks
of wool,- cotton and rice, after which
estimates will be made of foodstuffs.
The correspondent quotes the Ncue
Zurcher eZitung as authority for tho
statement that there is still sufficient
rice in the country, but that part of it
belongs to Germany. The government
Is said to be considering the importa
tion of cane sugar because of the dif
ficulties of getting beet sugar from
Austria.
The Swiss hotel industry, with some
$217,500,000 invested in it, is said
to be in a highly critical situation.
It s suggested that the government
may be asked to form a bankng insti
tution with plenty of capital to extend
relief to those in the hotel business.
Read The Oregonian's classified ads.
TRAPPERS
Farm ffave Advamcea
faUvmlueiritliBndanicktvtTirnL Wa
taw best markat in America for Farm. Hide, etc
No commisiioa. Write tod&y for free price list
TTrv--M"rn magypiimm at P"motory frrtemm
ROOCJtS FUR COMPANY, O. tUU, Me.
TD ADC AND GUNS
X-r-.A fc-J At Factory Cost
We pay hicrhest prices for furs and sell you
(runs. Traps. Supplies, etc.. at factory cost.
Write for free catalog. Trappers' Guide, and
Fur Price List. K. W. Biggs C. 17
Biggs Building, Kansas City, Ma.
mi
RAILS DEMAND
Investment Stocks Again Tak
ing First Place.
WAR SHARES HAVE SETBACK
Steel Mills Taxed to Take Care of
Railroad Equipment Order.
Fewer Orders for Projec
tiles Are Closed.
NEW TORK. Oct. 30. Trading In stocks
this week was again very extensive and the
trend of prices suggested a revival of spec
ulative Interest. It was regarded as sig
nificant, however, that railway Issues com
prised a very considerable part of the busi
ness. Peace rumors gave a much needed set
back to war stocks during the week, but
many of those issues msde material re
covery later. In th. main, however, the
highly speculative industrials were not fac
tors of importance.
Two advances in refined copper testified
to an Increased Inquiry for that product
here and ahroaH ah . . . .
metal shares were conspicuous in the week's
higher movement. Anaconda selling at a rec
ord prlc
Heaviness in foreign exchange and the
complex political conditions in England and
Franca were among tho few adverse develop
ments of tbe week. Exchange on Lon
don was especially weak and gave force -to
the proposed establishment of further credits
here. France is also negotiating for addi
tional resources In this market.
Th. flood of orders tbat deluged rail
road equipment manufacturers the past week
embarrassed some of the shops already
running at capacity. From a profit stand
point, of course, the foreign business is
desirable, but tbe necessities of regular
home customers must be taken care of, ap
parently, even at the expenso of war con
tracts to a reasonable degree.
Fewer orders for projectiles were closed.
out several large contracts for rounds, bil
lets and blooms for next year's shipment
were accepted from domestic manufacturers
making war munitions.
Rail contracts were heavy. Including 173.
0OO tons for the Pennsylvania system and
1U0.000 tons more for export.
Car builders placed contracts for 240.000
tons of bars, plale. shapes and axles and
received orders for 21. OOO csrs.
Shipyards placed orders for 50.000 tons cf
Steel DlULes. Th. km-ln. . -
iron rolled up sales of 330.000 tons during
the week and 1.000.000 tons in October.
Rsllroads reported a t.nrfv in....... tn
tonnave movement and It is alresdv evident
that the leading lines will be taxed beyond
their capacity when crops begin to move.
OVERBECK &
COOKE CO.
Brokers. Stocks. Bonds. Cotton,
(irmln. Ktc
ZMI-217 BOARD OF TRADE BLOC.
MICil BEKS CHICAGO BOARD OtT
TRADE.
Correspondents of Laran Bry
Chlcaso and New York.
MEMBERS
New Tork Stock Excbance.
Chicaso Stork Kschanae.
bowton Stock L'tclianse.
( hlraao Board of Trade.
New Vork Cotton Exchange.
New Orleans Cotton Kirhia
New Vork Coffee Exchance.
New York Produce Eirbsoca
Liverpool Cotton Ass'o.
COPPER STOCKS
"We will furnish you complete detailed
reports on sll active copper slocks. In
cluding the following active Issues, with,
out rharee:
KKNXECOTT KAY CON.
INSPIRATION- HIVO
riH'.'F ; RAN BY
t'TAH MIAMI
BR.ADEX MAtiMA
We Buy, Sell and Quote Thee Se
curities and Solicit Your Business.
CHARLES A. STONEHAM & CO.
ESTABLISHED 1903.
COSIMISSION STOCK BROKERS,
Chicago. 178 W. .larkson Boulevard.
NEW YORK MILWAUKEE BOSIO.V
FOR SALE
FIFTY SHAKES
Associated Fruit Growers
OP HOOD RIVER.
S.50 PER SHARE.
BOX AN 115. OKECJONMS.
TRAVELERS GUIDE.
.Twl'Talaeea- .f tstsr Vaetflc-"
B.3rfflrflsflSMlBsgtsh
tiREAT NORTHERN"
-NORTHERN fACIHC"
Tuesday l"i M l"1
isss&j rorbanrrancisco
Best of Ujd in daytUhi :o round
trip dally till Nov. 30. One way.
$8, $15, $-'0. All fares include meals
and berths. Ste-amer express steel
parlor cars and coaches) leaves
North. Bank Station ft::J0 A. M.. ar
rives 4:r P. M. Sunday, Wednes
day, Friday.
sNvltJ.il oANE TICKt-T OFFICE
1UTH AMi S I ARK
Ptaones Broadway 20. A 6671.
Tickets also at Third and Vorrison,
lOU Third St and S4S Washington St.
Str. GEORGIANA
Harkins Transportation Co.
Leave. Dally (Except Mondays), 7 A. M.
Sunday. 7.30 A. M. for ASTORIA and
way landings. Returning, leaves Astoria
at 2 P. M.. arriving Portland 9 P. M.
Landing foot of Washington street.
Main 1422, A 4122.
Daily Boat to The Dalles
Strs. DALLES CITY and STRANGER
Leave Portland dally, 7 A. M. ex
eept Krtd.jr.
Leave The Dalle, daily. 7 A. SL, ex
cept satnrssy.
ALDER-ST. DOCK, PORTLAND
Pbone Mala 14, A 0112.
J
Parr-McCormack Steamship Line
DIRECT
. FREIGHT SERVICE.
SAN FRANCISCO TO PORTLAND
(Pier S3) (Conrh-St. Iock
3 SAILINGS WEEKLY
PORTLAND GENERAL OFFICE
181 Oak bt- Phones Main at) 60. A 332 1.
A
V