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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Feb. 6, 1916)
15 HIE SUXDAT OREGOXIA, rOKTLAyP, IEBKUAItY C, 1916 EAST WANTS WHEAT Dcrrund Continues but Bill Traffic Is Halted. WEATHER CHANGE AWAITED kcl I'rW- -rrral Ivrfuar. a.ClJ, U a J.44.laon tan .; -? -..n r W ' "' 4 I " " 1:4 IV. " -..-"- t. II - -''- ' .l . -" - f"irS 11 a aaa.a.s u.!iiMf la, e!-'la ami I..C kiaa-naa. f,.,:t ...naaiiar. I II aa. a I IV. ,- a 6.4 a .aM. tTWaNI W In fcil.i-or aa-a si-awt.ca.., l.ta sauna ( f-M ;a St. -t anta -aft.34 -,tlU fltMKi.MHI . t&.? B-'B. B l iT a-' aa 1 4.1 st.-ii, .! Saaraat. I.TI.a I ) 0.C It. au.aatrr ' L-.:y tna ao.at niariisl . raatftia. ai 1:1 M.ranaa! raa aVaasai.Tsi i14 vara att ieU4M. ul .(fai-a .:- Sj.r Ut ina t-t tar la ra-aa-naa t. I I. aaWllaa al Cik .r wmM la .a' twa saa-aaaaal ,Vtisaaml , ...'!. ...B4 tH :.. IS lM .- m.rm.r r. wr.t mm.nl fr.m !" StS.f yl w. Aratin. .ft pA I j 4:.l '4-i. Iat ..'' ..ia a a a At'a: npa4 I.;. w.'Va-. au. ti.wl TrtBi.r rn.Da la ra a r. r.aart.4 t iia amiuaw CuRanii a. ?:;: :.r;f f iata Hat ... ... 3 . . . II I I J .a . :i j it t : i : rxi t:ii tut ?s ti lo :-: 1" ":i "i '.'.I . '-' " s t : ... ; ; ... I. siij .... ... ... tt i t: t :: i.ii J". 1; : I T:r ?-t ..r a.". .... "!'. 1 1 a a. .r . t ta . . . - r.-i.. .r . . . . . a .fn f. d.'ia 4 . .. f i... in.. 1 aw M ... . m.t.MKs t ata 1 4.' aa o iu-.r).K or roTAtor hckk ul tan H-M la mm aa A.Jitla la twakMV lipviw Tl.r. to nlu af aoal la -al ai-k'l aa al t aa. la a-t Hiwrtr. a -ta a Mil . 9 a auar. aaa li..iaa war axKaa. t ta.klaf .( a aumi&U f.mlaa aa4 aioin !4f A t B la Jeiva ava aa alk.t. but a'h.ra afa :t a a"4 t :w ta'tii.'- aa a'Pn ' aJ !.!. I im lara ara a'"aiia a ac.r hu-a It Ul a aaaaola) la I-l any awra OtNut. t af taauaaa -a a k.'i. um -'..f aaa .l.r.d lra an aisatltr f t!ma aotatwa aa t t' .r urv j nf'.-. r .H'ra la t.a tra- t.rOj a H3"(lfX a'a4' ta mnr. an4 Jaoa.1 al t.i. Tlx aa.i.a mar. I U 'lina iulf al aa anan4 .-!.. T va aJn-ia' a la l aa .. aiv"l V ' at 1 1, t. ax a.. I ,r a-r rnu:ia. C.4 ' anip pnt "tm ao. Ml l vf ra:ta Fa at4 a lari a. rn.nl. CAtllOt t t-t IOCt MtMCt rra Jtra ialN laml 9J A aili. r;:f.ta a- ' ' a.-e aa :a'aa- .n pm.a-a ara aa la a.tl f. " Ts. . ei a a......-nt. a i l aa a ..aaaaaxa aw'k.i -' "ja" a 4 r.,.n ui -ra ma.la t. aci al "'" r-fa;,a . ' - - ,n " ' ,., T-r. ara l4u.-af Ma ll wf 1 .tit h la a::. a.: mr.ain- aa4 a , -, a p- '" 4-..u.pa la ia D4a-- t.,.na l.a aafB1 an .ul r4" "" a-.ia .f a..ir-r !!! laraa a.tta-. aart'" laa aa al l.ria) ''Ti'a :"' ala a t V.ai .!-. p..t tw- w.fa aaoa4. -f. aal taaa mark.ta ' l"ri in.rimt m rt it now Aurtt turnia ani ma Maaa Ta IW -.a.'t aBa aw. -.ri aartaat aa WIa a49 ll " "' N meat .t! a ara iniW aal arfa. aMia aosB '.a aa wa'al 9 t" Ca:t- T 1 , ,4 Oaa Bfaal m a ar.:t BU:ia4 I,, a.arl omtt 1-aa. All anaa ara aa a f ra laaia. aa l" pva-t.ta In laa aavtsi ar. aJU !: .-;aoa af .a:tsa4 .t";r ill ina r iaaaaaj. U.a a4 aauf a Car.for aa fa a rtrmaatioa fr:t aa.ia. a,M, u.rXi ta.ta: f. a. a. a.-a kaa a. tor ti. laa at I'wai euacatlnaa aa a'l t..a la.c.riallr a n.a 4.4. Aa np'w.nnl ta loa apj'a mark! to .tsaKtt aa tout aa txa ac'a.r maWri.a K.aarta af 4aavaa ffaaa frn.t ara a:raaJr a.niin ;!. aj4 u a 'fo(r lU r:ct a4aatra. fa..l.l alawa K,aala Laa aar'a. iratntf ka f.pjrt4 la tka loval hop anark.t jaat.rxSay. Tra ara t ar4ra kaa 1, aa4 aal I cwaaaBical'ol Ua tha l.al :oruB a.rni: lino. ta aaark.l ta aiv.:4 ta raaiala a l'naa:4 ! BCcka la .'alifark :a ara aa. iniKt l a i." . ara:;T ta aam. aaaaltty t&al vaa aa h.oj a Jur I t ib. ar.a.at k.:M ar arr- BBBBtoa. Ibal IWIt. au !r n. ft 'v. .rt.ia;ra ciu.a a.ra aa !..: 1 i.r'sf ra''-. 4 p.rt . .. '..: I. aa. i a.ij.j.; a.: f.r t i. pt a4 r..fcvtt4wiJ rsr-.Aiii. a-tt:. T-ma I f a : t $..4..t I I ; : n ! " 1 J' : i-i 1 1 T.-i : : 1 1: " ;''. : ! :.. s J'v a: i X h : . 11 !.). 4.-;.l 1 . . : ;. t 1 " 1 ! . 1 1 : r 1 J. : I T-4 ; T 4 V i4 aii.. 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It - crap. s P-r poand. tlii.: T.t44 hi.I4. :i .',4ft'i ib4 BP. IS; aa.'Oal at. poi4C ' an4 BaX Hl p. I I I. 1 p-Haa '4 la .4 pcaai. I . a.c.4 ca. a la I. pua la. Ix. raa pi 4... " j paai..! a4 ar. l- . " B-.ai. Bou:i04 44fl 4 an, c. iraai kip. 1 ' piuaa la Si paarJ. lit. ra-a ta!f. ap la t". ia4a. H. cry I. .at fc.'l". :ic. 4"T fa: c. f. krf la I (44144. 4.-JT aa.l ff'441. XV4, v.-XjL r.B'ara riraiaa. td:c; Va-lar. I.V-; -a.l Uaaoa aoi. V iil UK I'r.ioa. :-pr pound. JACAKA UAI.4V J.4 aa4 aa. 3tlc par p-xa.4. rs:;. Ttr lar-aaa4 pa!'. !: atf-r rl.aaa.4 B.l'a. lir. 4r a.' tna. 11 I 44.-B; lata.! B.-4f' 'Bilw l'.f-a Nrh; 4- 144 1, l.r ki.r. I4W .. -n. alr .l aftr..-4. t'JarU4- ta Er4 loc 4 .arav4.4 P.4LB. L44CUa4. I 1 1Mb. rraablaaa. If IV 41 a aa. r r. Ja,; t4B-l4r. IN.. at.a44.!. llial.t. p.ttua. Sc. m'-( r. Use I141 ' I a. 1. :;(.; aiaadarj. II V rn r I.T f on. c:ar karka. 1tS t: ! i fH. ;i4irii. p a'ca, nns. I. a. Kta Tl.r.-a Ina. k.ta.. r.nWf4. Stk.-. '4a4.'-f. tc: canpaaa4. loa." lUKHIk a.-v:.s kaa t..f. II. 4l. II. l-ia pjr B. .1. tr.paa. tt 1. y. . . Vtltt ka'.ar akin, alnatti., kar r... r laa aal.a. 1; cava. U."SI iai!.I-l;i 4. l-a. c.aaa D; 4A4.0. aia'.U.a;.. araaat. p. . raa... lac. ap Ilia. w'm tl'a. 4.4'av ;IS- l.:.MJ .u fU. Haa. t.na tc: raw. caaa. U-. kai.aai. larr. a. , 6 -4444. 44V4.4. I 1. IlnivTlvi; I. tanaa. ;; la caaa. Tin, i ta4. 4? W 4Mk full IE lilt at! a kl kRIalrT MS Tk4OI aawaa4 I. It. pJH.4 MalppaaM I. UtftkraUI. TvllK. . I raff taarkal a. 4 mtif la4ar. aakff 14 IA. contaai444 i'-.:if.4. ft ftraav ..rr4tia4! ana taa at'fW4ir..a af t aE.'ptria ni'aaiwa an4 ta a.. f raider a l.'tar (xl a.aaaa4 Ti. aufll a4 aiKhaaa! I - laa piaia Blair 44 ; 4.4 aii.ul f.a la .icbl p-iat4 aj'iva l.ft alrlt rai.H4 ('Kiaf'a atur'ri la. ;nl! 1.. al tn. r4rr la . H4 af-af laaEa. laa !; an.J pi.i!iS4f Till ( ilf a a. a 4B.-I. a'f f'im Ih. I. art Bn4r raaiia Inc t'll Lal pr- a - w . a al (all af from I ' '-- la fi p"'-il. al 1J JOO taaa. '6aaar a'r. Hrnf. S.'c: April. tii; M.--. i). Jaaa. a.---! Ja.r. tJ-. A 4 -144. T T.'. a.pfmei.. T T ? . . iXalaf. I 41. ai.v.mtar. T a , l'aitaaf, I a i .aiua 4:aJj. l.a Ja. S. aaataa . ' t Vair fw ra.! an4 f'.fafkl afff-ra w.ra NBafiaal la tr-a mar.. I hra 1.4 moraiar. an. ta ait-aa'.aa la ai4.tsi4.4 kr la aw-.r--I'. a; toenaar. ar.4 anar'.aaat awa la fratfat t.'-a ar Inaiiraa. . T. af'f- aal ac'a rpaarlaal B rrilirl In . Ilraj!lt4a nv'I'll ar la laa rata af Kla atahaaai 4a I s l o n jux rnAriao runotCB iiaiET rrtcw ramwl aaa Rat lav. Kate. I'm I la. iiaiaaia. l- al Bmr tUjr. aX rn"CI""""'. VN I fl a w rVa.4 a '.raa. al ad prtoaa f.ra:. .c. Icvaa firala. "'f-a-ia rrai r.r.'. pur-.ia. ITr. an s.w I.'.-; C'.: '"-r.:a Ciaadjar. fT'.v' T'i'4 .Imafi.aa. 1 ." ' Xif.-ta' T4ail.4 Klli4-: batl pp. r' i:n a. ijri b-ra. l';tr: Ti; ar.aa ai44ik. Tlrj'ir. 4i4lant. J.alHr. tr.na kaaaa. tl.VC. r).:ia-4 4;if'43i4. r?t r l;a LasTa. 13 :i O 3 i"V fraafrull. I";l::i. a'ar.'. II 41 (J T3. ka4naa. Ilaaa aa. flail.::.. p.ajp.a. liaaat.an. I I ( I r.i:sa4-r'n IISOJI.TI; laaa'.a. I. n.a I! II li. . I;. np4 r .our. Ti catr: aar'.r. t: in c.aia:a. a 'taaa. J J lavki; kajr. ;ji l oca . ki4a. i aarml Ma. VANXlf. ia. Vata. aV Turpatitlaa. a'ritsar !uir.. i'c t.al avs:.: . Pa.; ..,.4 i b.-ti I, B&.pra.at. tta, nock, karr a. K..ln. Bom.naU Palaa. 11 barrala: ra-a-.ip'a s;4 .rra;i- aipruania. k-'n.r atavrk. It ;al ta'r. a. jjo;.i A. H. C. t. C. IJ : Si.-. r ! Ia i I". 3: K. IMaSJK1. m i.i';'4a; .n. 4 si. vv. m w. i:. ' MaJ Mara, . ST.VT TVlK'. TV k -PI4rf. mrllloal flrTta. aH a.ctrorytlc 1 -4 ( 4 at 24.S.' for Mar enninant a af Ic Jar U!r araalaa. f.ta aaa kri4aaT3.f artilraarw Ialry rrwalaca. nfik.i' Ta". J. Buii.r llliha-r; ct ""r 44 i -4- i.J1a raa:pi4i. i:u 'ia: iBchaai'd. rrW4 IVall al Vara. ; ajC'K. rao. S r Taprataxl ap ptaa. 4a!l. Trwria.. ctol.t. ra;taa. BlaUjr. H a a a-w lark. -llp. ataaatr. 1144. tlrtn. Kl(la atlr Markr. r.ttN . ran, i n-iai tuba a.4 at '; -4-a aa.l l al SC Two IV 1 11 Mill Slant JVntn. CKSTHAUA. Vaah.. "cl. i tl""l rlal) Oai of tba boilers at lb Taonvaa ml'.l In rTll al 7Ut tttiB wax n.caa.itaiinc A abut lovn In tha Uami:l until It I rcpla-d. Ttaa cross arra) factory alio was forcaxt lo cluaa ojaa 4n44lT on a.rount cf know r.:owir4 la 01 ti )U")i anj britlnaT ..(TR Tlr-t Cni!4a I.uwbf rnn;rar.P at fT. aaa wi.4 a-v a. aaaua 0fUiS Bn'.ai -rc!l X. EXPORT-TRADE SLOW Lack of Foreign Demd De ! presses Chicago Wheat. MARKET CLOSES AT LOSS Arcrntln Offer Grain to Kurope I'nOrr Amrrlcaii I'rii-ca Ital ian Hojrra .Vrrj lll.apoaaral to Itirclli:nt riirt;lui4r4 rilli-AOI. rk. . Kp.rlB that Alal tlaa X.'arta4S la Koxopa sua laasr tbaa 1 n 444 from Amarira a4 tbal lialp was airartnat I raal bad a dapraaaiac la!laici Ia4a aa arlaaL Taa saarkst el .sail baaar at S IS sat ataK-iln with. Mar III: , aaj Jur ll-la,. l'a w.ra aut lafavl. loa. la B.I laa acla.f laa-4ln atap4 roan IS. la 14. sals a ta li and !" aalaa. i ta ;:t. Al flr.1 tha kuia. bad aa iilraniaii In whaal. iilai la farmrtM. In Iha IJrpol maraat. Utblaiaa of orfarlnia hra and aaa'iarM of r-.ipia Nonaaaat. a-apalailr at Valnaipat. laad4 al- la ancauiaia an B'laaaara laa prlcaaa. Maa.trar. tha aparat a:oaaa ar aaparl dataand a 0.1 a lad (or Ik. Iara MaaratinaT l.miaralraa a ar. taf 4am ff I In loa.rlnaf in. pri'a of w hrat Ul. la IM aaaa-on. loa"na. r.sarOInc poaaaldl. ataraa. ta tha W lalar crop was a naaaar. r.naor.4 ( an waakanad. era lac ta llbaral ralpta and aa a raaull nt a !r Intra aaa aapvetad aa MoiJar. rv;a saaa war allh alhar (rain. ta4pit. aa adaapa In lh" bat m a r k .1 pr?-Taai.n. tomad (tain ara.? Ladl( taturas rsBiad a fftlloai: WHEAT. Opan. If r Mar Il.11 I : 1 44 II 1:', t!aa. l.:i- CORV. var Ti - rT4 Ju.y S OAT. War tot .M . i.r i :4 ' Map ja jo ;n in S JT 10.11 :o.u JavAF.D. ' ' v., ta mr ioj tt i ju.r lo.iX 10.ii w.w i.; cuonr Rica. tar ItIT HOT t IS 1H, Ju.e 11.; Hi. 11-19 11-1 l aali prl'a wara: iveaat Na 3 rad and N. I rd. rmrn Ir.al. Ne. 1 bald. 11.12. ... baud. ILlia Crn Na, 1 jraPear. nominal: No. I Jtal loar. ;m;iU(.: No. ami.. TlaaTla. uaia-.M, 1 a bit. 4Siili4c; standard, emittal ltr-Ncmlnal I'.r.ar :ivlle. Toothy I aOvf. C.oaar 111 Hi. Ira4arw taraaa Mark eta. MVEP.POHL. Kab. a- np.l aah'at, eLaus44 ta W blabar; mark! flrta. IifCXOH AIRE. . . VThsat. ! lower. Corn. tcar. nttebanied. LONlrOS. rb. C. i.-ara markat lcilr. Mlwwewcaalia Orala Marfca. vrv.vc IfOl.i--' Ken. i. W heat May. II , . Ju.r i :S. liai No. I, hard. IL!T: No, 1. North- n.J ! II a It i-ll ; ?. i. .NortDira. i .. la w 1 fl Ha.-lay. II"T I.4V4. 1-41 li 11 ra ate raj (.rala Market.. Ptn.LTII. rb. a. taTbeat tloaed May. II .l ; July. ILJOta I'kca. -ivNipnrj. ivb, Wheal cloaad: May l iJ aaaaed: July. l IV-B bid. KiMi.a CITT. 'i. . Wheat cloaed: 4. tl.Si J. I !-. PT LOflrt. Feb . Wbei cloaed: May. Il.;: Jvii. II. -I IS. CMA1IA.' rl. aah wheal, Jo lo S Vaasr. Cfa. lowsr. (.rata al (aaa BAN lit ANlfC. rb. a. a-pot qnnia- IOf4 Vk.Ua. l .! liSI ra nua.i.ia. ll ajHIl K.: Tark.y rad. l.t2s tj l.ku. b.aaat.oa. IllvSrr. a liar.., trail, ILISVI-; brawing, a.au 9 I - 1 lla. white. 11.4311 SO: all.raad; liran. I.l.i. Bilddtlng. 1-0 Jl. scoria. M-4il::. .a.l k-Trd: Ua.-.ay. May. 11.41 M4. 112 Mkad; Lacrab.r. II-JV bid. ft,ll ak4. l-asa4 abaaaaal tiraia Markela prATTI.K. rb. . Whaaal llu4t". 1111, Tu'4'r fad. Il.ttr; lortrTo.o. li.wa, : II 0. fir. l Oi. ra Ji4i4a.a. aa.trv. tar.r. i.1 i lar tan. leataidaj a car racaipts: Flour 3. TirniA. Fab. ft naal rU taatam. II 4,1 lo. frtafold. l OS; club, I 7 rad tlfa. II, rara.pla. WORLD SUPPLY URGE irnrLr or tihkat iv iite or men rnicrs. All llH rlat t Drcllar, la Opla.Ua f Laadaai Es rrl Cra p Prsa 4-r t a Ar Claed- . Thar I ii sraorlaga l'n thai world's sup- pa, of wb.at. accordion to lha London oor raapoodtal of lha .NarUawaralara Mll.ar, woo irt'aa: ' Tha high figure at which wheat Is quoted Is an eka.aaba anomaly witr? such fnormatu luPaaaica la 4 M. Tb world's yaald la eatl- aiad aa o.iK.ooi quaxlir la esceee oi laat yvars production, and after a con-Mi.r-eb.e allowaoca for any lose doe ta lha reported Inferior quality of your Winter wbaal crop thara la a aurp.ua available of about 140.l44).luO quartara, taklnc America a l : 00100 Canada vo.f, and Au stralia and Argentina li.ouo.n- each. Th comnjiaiioa la.a.a oul of aigbt th Rnaaiaa Bil' itoumaniao aaaia vi aw.a". " " Beards of al.rmany aad Auatria-Hunaary. As to the ,-baaC44 of a decline in wraeat. tb lr.flu.nr of praasure to ship from Austra. a and Argentina may have an f- r.rt which at Hi momot It U Imposslb: ta. raraxaau Argentine advluaa continue lo ba of tha meat optimistic character, and tha 'portable aurplua la fsr la excess ot tha arli.r computation -arhe Australian crop proves ta ba avea lrrr than waa rxpactad. T II latrvt intormaiioa nn rvs.raa aa a.iw price of A'astralian wn.at as to ma a.aa II Ins ?l.0 ions asie.y soia iiiauer an. goa.rnmaat scbarn for maraetlng tn Aua'.raliaa crop, will ba 0r per bushel fob. Th buyer ar tba. British and y reach geaarnmanti. and a portion of tha wheal a'.nady ahlppad. As previously In timated, taa Auatraiian grower get lis per quarter on u -. i . . j ana i... . , v. t-ii a a.UB on Xinai saiaaamavaa. aar aanut 4uay - . . 1.-1! lah and lrrencts roBianaara win ar course grt ek.-tuaite pnrr.ranc to long a they ar willing to pay m prices wnirn win ba aaotad by the gnvsrnrnent on the arrival of tha wheat al tha port of ronilgnmsnt. Tba wh-et will not avaiiaoie in a.uroua anfll March, and In tha meantime there a ill ba full opportunity for tha government to aecotiate with Canada a lo tb arrange- am of t"e price. Tha trade bare la dlacuaalng the future teition of lha American, ahlppar. In view r in. fact thai In due coarse the Canadian. An.tr.llan Ars-entlue and Indian supplies win be available for European consumption. and It la consin.raal som.aanai aouoiiua mat aalaaa over eus r-ar quartsr for January ahlp-Ttact raa maintained, and should any modiriantlen of the fra'ghl pressure ba pos ala ma oui.oek le for aaner rates from America whan tna crop oc.a aa moi a. an lha rrarantime. oprlore nira ara. a lar as p4ja.it . adopting a policy of reserve. n lha t nllw Kingdom th weather has beae for tha moat part mild and autumnal, bat there ere reporte of froal In soma piacee, aad I :aa ralafa:! baa much ex.-aaded tha aaaraf a. Farm work la g.n.rally In ar- ,Ara ifl la aaama laa'iaca ina aciuaa area ...aa uaiat from :i lo . Pr cant of aa ea.'aat . n i-raace the weein.r nas aen ra aatve.y a-.rl but accaa'.onal froat. have ae.paM to 1P..p-,, h. ces.ll-.lol Of so 1, snd the ,. .4ive wo.iura baa d'ire. Iras ilamaia h.a sr M bve IV-a Miia"i ma gen. aaa. a.l.ak ttt .W astir f:M CI 0,4 14 6.nad ancouraa-lnar. aliboucli la many ac- lirina a tw.rlrvrt of rr.IallvelV dTV Wekiacr IB rary dirab;s. UaU-aoaro (rala ba bn' aTilad be tha mild conditions. Tha lataat Ituaalaa reports Iridic!, aal lafactory condillona, and althouirti acreaa la a.ichtiy leas than laat year me arensral oailooa: for thai cms Is rather above the averse.. Drr weatber la reported In Northern India, and thara is no rhanare In tha Bombay pr.akl.ncy. In a (as diatrlrtn Urination u detl-a.nt. IlenSBl reported shatbl ralna. Tlx pre.lminary report of tha area of wnesr in tha Nartneaai Prorlnca Is only 1:4. 104 aires, aeamat 1 174 moo last year, but Bum a Increase as epr-td. In tha Punjab the area o far Is l.iOi.luo ecree, asalnat ll.il.eu iaaa irtMm. nowlnar Is prarreedlnK. and a ma ter!.! tncreaaa on tha preliminary estimate la considered probab.e. Tha total areaefor lha Punjab. United frortnoaa. Northwest Imn'irr frorlnc and riensal amounts to lT.kil.ooo acres, aarsinat II lel.10 last year. The total Auatra.lan yield la estimated at jra.Ti.nv gtaartera, aaralnat l.rii.O1 laat aear. Keporte of tha crop aad of the Bareeet ronruitaa highly satlafactnry. and an ea.port of 1 i,l0,tt4 quarters Is confidently erpevled. In Argentina the weatber Ihrouvhout tha rapub:io Is fine, and for tha most part warmer, but recently ralna bin been ra ported la many sections. Tskea arerarrml;. howeaer, tba barrcat haa maVl saiisfsclory proirsas. , ARRIVALS ARE CUT DOWN SMAI.Ia TRADK I IIVKSTOIK PAST WKEK. Only Kara-Hpta f Iat Few Day a Arc f a alley tarli I'rlca-a Ar teady. Tha nnl of buaunrls In lha Uaastock tnarkat la lb paat week was shown by th week's arrteals. whlcb totaled only 73X bead most of which cams In Monday. In tba latter part of tha week only a few stray car of valley atock arrived, which proved to ba . ca la tba almost paralysed condition of tradlnar. In tha ahaenca of business, th leaUInf lines wera called straoy. ma n" impactions at tha c.oaa el tua waca wera aa unclianffad price. Kax-alpi yeaterdsy wer 11 boss, shipped br r. . Locke, from Canby, and J. - Mlahler. from llubbaral. lha day's sales wera as xoiiowa: Werght. rrlfft 4 al-ena - J.t? lirrters t.4.ala C ... t hoals J'' ' '' i i!o7 t.Jq Tha rantr of price at tha local yards for various clsssea of livestock lolloas: fattle Choua steers i.5..TfT.ia C.ood steers . ijrja.W Medium iteers "-'ML,,4r llliolre coas ".-Jwa.o. rVeiilum coas . 4 45a.'-' Heifers ' Holla ;..-.drl.io blacra S.uuai.Ui ita . I iBht .TSWT.5J Heavy LuOO i.tKi n aao Wethen rl.ooei-.Tl Eaas I"'"H'I Lambs 7.00 a 8.5J Oasahw, Uveal or ar Market. OMAIf.aa. rTb. 0. Rcoslpta. W": hlyher. Ile:avv: i; 70r7.Si: llrht.jAT 5oT.S0: piss, rl..-M T.4l: bulk of sales. 7.ot T.73. att-i;ecalr(4. 10". itr-siy. jaauve sieera.. Ia.ii I.",.: co a i and heifers. Ij.u Ul; Weetern Btaers, fi.WJ V I.oaj; Kill eieere. I". Tltj 4.7J; "stockvra and traders, laiuts a"-5"- . .. Hheep Receipt I TO, Iteaiy. learunse. f):seI3: wethers, I7.00tJ.j; lambs. Ili.sve 10.75. t hlraare Urcatork Market. CH TC AGO, -h. . Hors Receipts. 15.- 0ro, slow. 4o l lc svive yesterday a aver- aa. rink. iT.n.-.aa a.i: iicnt. ..bui s."j; mlied. 7 TOO 5 li. heavy. IT.7OU8.10; rouub. t: ?u.. T t- ajlaa. II lOu T..4. Cattle Ke.elpt. iivtj. steaoy. 74aiivw dti rteera, Idtorrn Wi: Weatern iteers. n.nurj ?o: rows and heifers. X;o8.0; calves, IS.OOasll. ' . 4. (tha.p Receipts, innra. weak. T ethers, IT.tVU a.10; Ismns. ivr-orj 11. LANE FARM SURVEY MADE AD VAST AG K or SEItV ICK ARK DEMOX5TRATK.D. a)rrat la Rabbit Kradlratloa la Crwok t oaaly ladBstrtal Clnb riaaaed far Klamath. o. CORVALLIS, Or.. Ftb. I eclaL) rountr nanta have rarwrted as follows to Paul V. Mai's, state leader In tb extension work: . . Loos Held a me.tlr.x- at Myrtle Point for lha purpose of reorganising tuo Myrtle Point Trailing Association, which bas bean oper ating now for two rears. New off:"" were e.ea:tcd for the coming year, liava about bait enough cows signed up frr the work. J. U bMlTII. Cmokaaltaavy sa5 and extremc-iy cold weathsr made It Imuoaaib'e to travel this Brad three raeatlnss wera poatponed lacauaa of our inability to rv-.cri them. In Irreit In rabbit aradlcallon, bas Increased and ll.uOO rabbits bave been reiorted killed by . comrannity organixatlon. Meeting at Terrebonne waa for purpose ot dlacuaslng Kcaalta of organised work and to promote a permanent farmers organisation for tbta community. This snd waa obtained. Many caila for aaaiaiance la rabbit cradlration racrlvd. A. K. LOVETI. LaaaDtiTinr August and nepiembcr of laal year kfr. Keyea. of tha extemlon aerv l.aa, made a buameas eurvay of II farms la tha county.. Tblrty-vn records of the survey a 41 returned to tb farmer this weak. In returning these reoorda we made- suxreatlons to tha farmers regarding Chance which might b mad Id adv.ntag In their plan of farming, based largely upon lh facta ahotasri by tha records. In nearly ary ca.e the farmer evidently appreciated thts work and discoaa ttaclr plana very freeiy. I believe considerable good ba com already from the record returned. During the week ending January 21 a total of I firman were vialied, 27 called at tha offic and 41 pbon Inquiries were re catved. R. B. COCLO.V. Klamath P!n are eompl.tay for the or ganisation of an Industrial club at the Hrne ley Bi-hool. Ten boys will enroll for the dairy ierd record-keeping contest, in av erage number of cows acn ooy win ta-st Is eight. Other project will also be taken up. The County Fair Hoard baa aaked my aestatance In th work of the board. Tb firt workvto ba taken up 1 a unilform pre mium list for tb thra local faira planned ta th county. ' ". R- GLAISYER. Jackson A meeting was held January 12 for a general dlecursioa on scab, pesr blight, spray formulss and th us of llmeiton on th Mile of ml valley. Much Interest wa diaplaye.l and thoa present signified their dlre for like -meeting In th near future. It was suxgeated that such meetings bo held In different psrts of the county for convenience of all. The meeting waa held In tha public library at Medford. Mr. Cate. Mr oantraor arxl Profaaaor Relmer addressed the meeting. On Jnuarv 21 another meet wa held! which waa given over to a tech nical dlecoeaion. together tclth Illustration, by lantern aildea. on the life hletory of apple and pear scsb. Thl was follow-jd by a general dlac"j.lon of scab. Th scab spray recommendation were again gone over In which It waa pointed out that It ua absolutely nscesaary to follow th rec ommendation In order to Insure success A short discussion on pear blight concluded the prorrsmme. Mr. Cate nd Mr. Allen addressed tha meeting. C. C CATE. men rRio:9 Af ir-noN wool sales Largs Gaverameat Orders Indicate Malntew . nance art Valuee. LONDON. Feb. 5. The wool auction sale were closed today. The offerings were lim ited and wer readily taken at firm prices, which howed gslns of S to 10 per cent for Inferior, merino- over th December sverst and coarse cross-bred advanced, from 10 to 13 per cVnt. During the aeries, tha feature were th s-maMr.ea of American buying 'and th trong Russian purchsae-ef scoured merino aeveral record price wrr paid for th latter. Fcoured meiinoa brought lllajd, greasy 27 4 4 and aliped lamb 29 'id. Mod erat aupplle ar In light. Largev goiernment order recently placed lead ta a belief la tha maintenance of value. Tha h' me trade . bought 100. noo. the continent 130.0OO and America 170", iher being Q0 bale held, over. t otloal Market. -a-v YORK. Feb. fl Cpot cotton -Quiet: middling uplands, ll.itoa; no saiesj . Dnlulh I.lnaeed Market. DUI-UTH. Fah. I.lnsayed. cash, 13.32; ilay. -av, Wa-Za S.3;ia ... FINAL GAINS MADE Genera!, but Irregular, Recov ' eries in Stock Market. TRADING IS PROFESSIONAL Hails Are Inactive, but Tone Is Stcatly to Strons Steel Moves Within Fractional aLlmltn. Trade News Favorable. NEW YORK. Feb. 3. No very definite or satisfactory conclusions wera to b derived from tba week-end session of tha market, which began with declines, but made en araU tbouajh Irrecular. recoveries before the -i t..i.. ln.i nana of Its Drof CSSlOnal 4- - . I . . nnrahaaa. and Other COD I structlv factor bln deterred by the ua certain international UluaUon. Ralls played a subordinate part In tba op erations of tbo short session, but that di vision was steady to strong-, with Union Pa cific, Canadian Pacific and Lehigh alley aa leader Other aumdard share wera lit tle changed. United States Steal and Crucible Steal were aaa.n f N niall ronSTllCUOUS ZeatUrCB, 111 rAr.,..r ,,a.n within fractional limil whlla Crucilalo rosa and fell between biS r.d n?va. cioatn at bi. a net loss of 1. baidwin Locomoilva loomed Into prominence toward th end. Its extreme au'auaa 11-1 ranr,aantln. ..In Of 3 DOlnlS. Oils, motors, the semi-war Issues and In dustries of tha character of United State Industrial Alcohol and Distillers' Securities wera 1 to 2 points above yesieroajra cio.a. th. latter making- a new hlKh, record at .v.s. Among tua offsetting features were Rethlehem Kieel. whlcn leu 3k ,?'Z-,'. Cuban American Sugar, which yielded 10-n to ions. Totai sales o stocks amounted to 3o.1.tK shares. U.K...HI4 avrnMaa renorted further re markable trade frnprovement and variou lint of industry continue at high pressure ot sctlvlty. Local banks showea am eaa.. of J4.r5O0.OJJ in sctual loans, with cash los of nbout 7.3O0.0m, and a contraction of 17.400.000 In ruerves. , Uonds wer irregular with heaviness In jfiarina 4 Via and other speculative Issues. Total sales of bonds, par value, were 41a.000. United States coupon 3s advanced 1 and coupon 4s Va Per cent on call during the week. CLOSING STOCK QUOTATION? waunina Hlsh. Low. bid. 22;, 22 hi 22 H iS 27 ik 27 Vs .". " .. 214j 14 Bl?i til-.V, 85S BO 100V Kb-. 9H 114 114 113ia 127" ii'i'i 1-T 204 '4 2o:i 104 'a 035, 4 85 103 l2i' 103 llilti 10l H2ii r? HI 474 470 47.1 SIX 32 30" 32 170 1 170 r.3 .-.2H4 f.av, B2 BlVi 2 12T4 -2 12 97' 97 1H ..... l-T l: 18 li 19 .'.3 ' 52',, 511 hi 44Vi 4.1 44 'a 80 '., 82 hi 83 1 MS 4SH 414 ' 374 37'a ."7S 171 170V, 1701, 121 'i 1204 121 -S 44 44. 44 S loC'i io'" ll"l' 18', 1H I" 44", 44 44 S 110. llia H"S 2i'.tb 21 ' 20 S 77 7Uii 'n 123' jrwtVi l"-" XO'l, 30-', 3u;i 30 ..... 1414 5'44 4 eo it e 15 '4 l." 15 H.-. 'j 104 Vi . 10.;. , B7 tj 7 7V4 11', 118. IIOV4 113S H2X 113 14i 13 14H ..... 3- tv 55i 5.4 13V4 14 34 23 i 24 77V4 7Hi .7',4 r.3 r.2'4 B2 !1;4 99 '4 99 4 21 20 2(1 1.-.0H 1474i 14914 r,ri4 tr.s rviv, 20.'. V4 24 o. 134 132 hi 13:t4 83 83Vi 821.4 821 nr.. 78 Vi TS 78 8 8 87), 66 i H.-." " 1 ..... 74 4.1 H 284 28", 2S 73i Alaska Gold. ... 3.1"0 A.lis-Chalmers. . "OO Am Boat Sugsr. -on American Caan.. American Loco. 3.400 Am tm ak lletg. ll.-w do pfd Am Sug Rcfg . . . Aai Tel ak Tel.. American Too.. Anaconda Cop.. Atchison Baidwin Loco.. Bait ak Ohio.... BefB Steel 200 4iM) :ni 7.2i- 3o0 15.WI0 1.100 200 Br-Kap Trim Calif Petrol.... Canadian P.. Central I.eatn.. Chea ak Ohio. a. flu Grt West. .. Chi Mil A St P. Chi at N W CKUP Ry.. Chino Copper... fi.lo Ku ac Iron. 7"0 400 l.Soo 21 10 400 6,.1'IH 1.60O S.ooO Crucible ritei-1.. 47.900 D a K u Pfd. Lilst Securities 34,000 0. 1 00 'J n aliio Erie General Elect... Grt North pfd.. !r Nor Ore cifs. GucKenheim Ex. liUnois Central. Int Cons Corp.. Inspiration Cop. Int Harv, N J. K C Southern.. I.ehlBh Valley.. 1.400 '"jc'6 4K a.ooo 2"0 ta-'O 4O0 I.ouis ak Nash Mexican Petrol. -20.100 Miami Copper.. 1.100 M K ak T pfii Missouri Pacific National Lead.. J,"'1' Nevada Coo.... 3ou N Y Central N Y N H ate H. . Nor A Western.. Northern Pac... 88. Six) 70 TOO tloO l.iOO "V.ioo h'aciflc Mail.... Pac Tel ak Tel.. Pennsylvania .. Pull Pal Car... P.ay Cons Cop.., :.lno Reading l.o'"' Hep Ir a f-teel.. 2,2"l Southern Pan... l.""' southern Ity. ... 2.000 tudet.ali.rr Co.. 6.:1"0 Tennessee a oi.. Tarn Company. " Union Pac MOO do pfd .. U S Steel.. 3.500 do pfd T'tah Cojrpcr.... Westem Union. Westing Elect.. Montana Power. General Motors.. Wabash B pf'1.. -..,. nfit.. 1 fO0. 4.700 l.soff Total aalc for the day. 3C3.0OO hares. BONDS. f s "a rec. KOVlNorth Pan r.s... 7 h s Z5i: t t r.s...ioojt i- -a rear . . 11 1 Pnn con 4s in2t TJ H 3 couraon..lolt,'8o.ith Pan rcf 4s uoj, ! k as rec 1S do cv 5s losv, V 8 4a coupon.. HOW Union Pac 4 VT " Kmelta s. .11Vk do cv 4a r..'4 North rao 4s... 94 I 4B!d. Boatoa Mlnlnc Ptockl. TtocTON" Feb. ". floslnr riuntatlnn: .,,";. ." 70 INIplsalnr Mines. Til Am Z T. afc 8m. 1H North Rutte.... ;' Arii Coin 8 tl Old Horn IVi ciiumet ArlaWH J r-al A Ite'la 3M. Oulncy .OOVS rJntfnnl.l iIbhnn,on ? Cop Kia Con... superior ....... 21U TTn.t Butte cop. i"r AV B" Mln. S Vr,.4,ln ..... 4'Tamarack 4"l Oranby Con.... MHIU Srn R ak M. Jju Greene Can..... .h do pfd Isle Roy Cop. '!"h1ron " Kerr iJlke 4J tt Irons 3 14 I aTke Cno ..... ' 'Wolverine M Moh.wk ...... VVT-utl. at Sup.... 775i Money, Exchange. TAc NFW TORK;. Feb. 45. Mercantile paper. '"inrlg "xt'r-dar bills. 4.70m demand. $4 75i; rabies, I4.7IH- Bar silver. S7c Mexican dollars. 44c. Government bonds, steady: railroad bonds, easy. i P..V FRANCISCO. Fb. S Pterllnr. 0 rtavs - demand. 4.75: cable. $4 T:i. M-xican dol'ar. tie. Drafts, slarht. 1 per cent: drafts, tele grsph. 1 per cent. Storks Lower at London. LONDON. Feb. f Amerlcnn securities on the- stork market, although lower, were onlr sllarhtly affected hy the Lusltanla con troversv. i the government practically con trols the de!!n In this section. Canadian Pacific and United Ptates Pteel were active. GOVERNMENT BOND INVESTMENT BIO Federal Krwm Banks Report -Increase of Nearly Three Millions. WASHINGTON, Feb. B.--An increase of nearly IS.OoO.OOO In Investments by Federal Reserve banks In United State bond durinx th past week 1 shown In a ttement of th bank" condition February 4. Issued to dav by th Fetieral Reserve Board. It shows: Resources Gold cola and certificates In vault 2r..1.4n.OOO Oold settlement fund....a, 80,368. OoU Go'd redemption fund with United biat.es Treasurer 1.1M.0OO TotsI gold reserve 1342,004.000 Legal tender notes, silver, etc... 14.o37.000 Total reaerve I35d.tj41.000 Bills discounted and bought Maturities within 10 days f ,0f2.0n0 Fromllto-iOdsys 11,3-3.000 From 81 to K) day 20,, 40,000 From 11 to tH days 10.391.900 Over 90 day 2.S37.000 Total $ 61.323,000 Investment United States bond ...4 24.341.000 Municipal warrants 4- 2O.8..1.0O0 Total earning Besets 10. 020.000 Federal Iteaerve notes, net a 33,710,000 Due from Federal Reserve bsnks. fi( 4,.Be.eea.eeeeeeee J'lr4,'-f. t 1 .' All other resources Il.li03.000 Totnl resource Liabilities Csnllsl paid In 1013,997.000 $ r..O07.000 .'".H.-Mi.tllMI l Government daposlls "i:40H dopolalaa Sl44aK. t.ne,ooo 137.000 Total liabilities !?513-??V,','0 Gold reserve net deposits and note liabili ties. 77.1 per cent. , . Cash reserve against net deposit and net liabilities. h0.4 per cent. ..... Cash reserve against net deposit liabilities, after setting aside 40 per cent gold reserve against aggregate net liabilities on Federal Koserve notes in circulation, el.3 per cent. EXCESS RESERVE DECREASE REPORTED Loan of w York Banks Are Expanded During- Meek. NEW YORK, Feb. 0. The statement of clearing-house banks and trnst c?!n.a"uef ror ine weeK aiiwwa ai..,. ... , ' 4O5.870 reserve In excess of legal require- . . j a a - e7i from ments. 1 his is a newciwa ai last week. Hie statement Loans, etc $3.207.ft.OOO l.boo.ooo Reserve in own vatults 4 4 521.079.000 Reserve In Federal . reserve bank 173.947.000 Reserve in oiher depositaries 07.500.000 Net demand do- poslta 3,T7.175,0OO Net time deposits . ltW.OSn.OOO Circulation 34,053,000 4.670,000 2,610,000 1, 910.000 14.032.000 1.04.1.0110 374.000 Decrease. "Of which $448,430,000 Is Pc1- , Aggregate reserve. reserve 1170,400,870; decrease. Ii,39o,8i0. The 'summary of state banks and trust companies in Greater New York not Included la clearing-house statement: Increase. liOini ..9.".S,f!7.Ino I KI17..IO0 . . 0.-...-i71.BO 414.0K 9 144S'iO 23.".K)0 .. 864.879,000 3,471,300 Leyal tenders . Total deposits .. Banks' ca'sh'reserve In vaults. $11 112O00. Trust comnanics' cash reserve In vaults, 13,- 0O3,900. PREPAREDNESS IDEA HIT Rest Annpd Xations Declared to Have Disproved Theory. OREGON CITY. Or., Feb. 4. (To the Kdltor.) In The Oregonian of January 27 appears an editorial entitled "ilen "Whom' History Fails to Teach." and refers to a speech by Representative Isaac R. Sherwood, of Ohio, which the editorial -says has been published with great display by "W. J. Bryan. When did ft become a crime in America for a publisher to publish a speech by one of our Representatives thnt does not advocate preparedness? When Representative Mann or Mr. Gardner makes a speech on prepared ness it is always published with great display by The Oregonian, so if W. J. Bryan published a speech against pre paredness, so the people may know the other side of the subject, I can see nothing- wrong about it. The' editorial says: "Men who advo cate preparedness yield nothing to him In hatred of war. They disagree with him only as to the means of averting those horrors and they resolve that the best means to prevent war or, when it comes, to shorten it to limit its horrors and to insure victory for our arms. Is the training and equip ment of our citizens to defend the country." The same old argument which has been launched about 9999 times. It is agreed by all that the nations engaged in the present war include the ones that were the best prepared and . a : a ; ,1,. tho best trained ana enuappcu an a..... whn la sn blind he cannot see that preparedness did not prevent war . .. . i . i.a or, when It came, to suorien it; It has been 18 months and some say it has only begun.! Yet we are told V. ... np4nar4nPlta WCllld K ll Oft (T1 it and to limit it3 horrors. Of all the wars the world has ever known the present l 4V,A moot hnrrihla. tht-S "bV the nrr- tions that were the best prepared. Yet we are told preparedness iiiuna mo horrors and Insures victory, a glorious virmrv ir is. Now this war is not in mm nnr 1812. 104 years ago. It is at the present time and give3 us Informa tion up to date what preparedness will i might use the same topic as the editor men wnom me ja.i.eL unmu fails to teach. Representative Sher aMMil taliani made a sDeech in the House rt Rftnresentatives January 4 and quoted an article by Mr. La Follette, which The Oregonian might publish for the beneiit of its Republican read ers and advocates of preparedness. As the article is by one of the fore most Republicans of the present time. I am sure they would like it very much. Also in La Follette's Magazine for January, fen the front page, in grand display. Is another article by Mr. La Follette for The Oregonian ana auvu cates of preparedness to read. . v. n . . . 4a. a h.st ri'iimon ( arlvncates of preparedness have produced is sim ply preparedness. RAXaPH GRIBBLE. Tha Oresronian-dld not criticise Mr. Bryan in Mie slightest particular for publishing Mr. Sherwood s speecn. MR. LAFFERTY TAKES ISSUE Ke?onimendation - of Attorney-General In I-and Grant Opposed. -rTi t-t . vn x-.K R lTr the. 7-"!rl i - ruiviun..i'i v - tor.) Your recent editorial comments upon the attitude or Attorney -vrencis" Gregory concerning the settlement of ii.. .a O- t 1 - r. ,1 c-eianf rnnA will, in my opinion, be a soredisappointment to a great majony oi yuur a causa. likewise to the railroad company. Attorney-General Gregory, according to the Washington dispatch to The Oregonian, holds that ,-$2.50 per acre i. ail tht the railroad company is, or ever was. entitled to," and he favors giving this sum to ine company alter making- "deductions" for the overplus it ha received on sales for more than 12.50 per acre. 4- 1',. To carry ine Aorney-ueiioiio ..nWmnn,lTlnpo Info pffpot WOUld be to .give to the railroad company less than $2.50 per acre for the 2.300.000 acres of unsold land. The dispatch ...... ih.t aha itinrnsv.ilfineral re ported adversely on the Raker bill be cause it would give the company $2.60 per acre lor an me uuaum auu. In recommending mat me "im States -resume title" to the unsold land, the Attorney-General opposes every interest of Oregon, as i see ir. nnH a. T tlPl lOVC TI I' H T 1 V Mil Ul CHUlllttlin see it Resumption of title by the Gov ernment WOUld mean luai me jaiaau. would go into, a lorest reserve anu there remain.- $o sane mart has any doubt upon that poinL You refer to "the Puters and the Laffertys." It -is very distasteful to me to Be classed wiin o. a. j. run In the land grant fight I have de nounced Futer to his face and in public speeches. I have never believed that any of the men, including Puter, who have taken money from applicants who were not settlers oh the land, were acting in good faith. In an open letter written by. me to B. D. Townserid in October, 1907, and pub lished in the Evening Telegram at that time, I urged that an men col lecting fees from persons for merely filing applications be prosecuted for using the mails to defraud. Mv attitude is the same now mat it has always been, "towit, that the 2.30D.0OO acres of unsold lanos snouio iJ-. ..ta 4 aaoriial RAttlers under a drawing system, except as to the few claims (less than 100) covered now by actual settlers and that z.o per acre for all such unsold land should go to the company. The Hawley bill prb vides practically for this. The Attorney-tjenerai s rrcuinmciiua- 4i .o..nt.e ao lha TTawlav hill. IIUIIB iwia vwuiii," ,w ...w . a ir a-oiiowa.ri V, v Ponrrress will de feat tha latter measure. I' believe that every oregonian snouia uouui mr luv Hawley Din, un an mutu jjrovioiuai ib.i thn vacant lands shall be -sold under the drawing system. Such a consummation wouia on mum ii Western Oregon than any one event that bas happened in 50 years. S A. . J-w-Vii'liitXl. Federal Reserve notes, net All other liabilities UAL SHARES Flfil Pressure Is Resisted, With Market Prices High. RAILWAY EARNINGS GROW Wall-Street Speculation During Wreek Affected by Possibility of Internationa! Complications and .Labor Troubles. NEW TORK, F&b. 3. Tho un.substantial character of the mid-wek recovery from , low levels recorded In the final days of January was demonstrated by the lack oC recuperative power shown since. General concern over tho latest phases of the Lusl tanla controversy caused a renewal of last week's heavy selling and obliterated a very large percentage of the gain scored in Xh ' intermediate period. . Prospects Of a prolonged and bitter strugr- Cle between the coal operators and tha anthracit miners trrowing out of the lat- ters' demands, constituted another lemetiL,ir of uncertainty, although coal shares weis relatively steady. There was a conflict of opinion regarding the outcome of President Wilson's Western tour and approaching po-"' lit leal conditions were brought into bolder ' relief. By their irreg-ular trend It was eviden t . , that war shares were undergoing further revision by speculators as well as Investors.'' ' Reports of new contracts from abroad were" helpful to K)m9 of these stocks, while oth- ers, notably Crucible Steel and Lackawanna -Steel, were strong on circunistantiai rumor:. of deal, or mergers. , ,, All the metal Issues were- subject to press una, but evinced more resistance than other Industrials, the high prices obtain-"' ing for copper and allied products proving 1 a substantial factor. " Railroads in all (sections continue to sub-,;, mit highly favorable reports for the final month of 1915, but tonnage in the Middle " West is easing. Sentiment, which had ben adversely In-J fluenced by the tenor of President WiN. son's Western speeches, underwent speed yt . reversal when Wall Street adopted tho point.," of view that the Chief Executive's utter ances bore upon abstract rather than con crete conditions. . Weakness of foreign exchange, partlru-' larly remittances to Franco and Italy,- ii pointed to need of remedial measures with this country's debtors. The mission of Mr. Morgan and several other prominent finan ciers to Europe, which as yet lacks definlt-a, explanation, will be awaited with unusual " interest. , , Meantime domestic affairs continue tf offer every promise of high prosperity. Ste-el and iron mills report unabated demand for . their products, copper and other metals maintaining record-breaking prices 'and gen-feral business, except in isolated lines, Is r far above the corresponding period of last,,, year. 8 $95,000,000 i I Oil"Melon"ToBeCut M 4 This U approximately the huge f! n itock dividend that ha, been declared S H by Standard Oil of California in ad- g aaj dition to a tubitantial caih dividend. f S which i only one more demonstration U H of the profit! that accrue to the share- psj holder, of 3 I THE STANDARD OILS g tj The declaration mean, that S. 0. of California stockholder! will part icipate in the surplus earnings of the company through receipt of half share for each share held. Our free Oil Special will give you- a clearer insight to the Standard Oils and the present Oil situat ion. aaAilc foru-P.O including booklet explaining "The Twenty Payment Plan." J trxyevimenlvScijritic- j n (Eatlbllahed 1908) R 10 Exchange Plac New York g l,k;.s:;s::;.bl:h; . OVERBECK & COOKE CO. Broker. Blooha. Bonds, Cottaa, tirain, it. to. X1-1T BOARD OF TBADK BLDO. ilEiliitK CHICAGO BOABU OJT XKAXIK. Correspondrnts of Loiran at; Bryaa. Cblcaco and New York. 4iMBERa Tew York Stock Eirhanc. Clila-aao ritock Exchanp;. Baastoa Stock. Exchange. Chlcacca Board of Tratla. New York Cotton Exrliana. New Orleans Cotton Ex.hang, lS'ew York Coffe iilxrbaDs;. New York Produce Excuaaa;. Liverpool Cottaja Asa 'a. FOR SALE FIKTl" SHAKES Associated Fruit Growers OB- UOOO tilVEB. FEB SBLABJE3. ' BOX AM 115. OHKliOVIAI. r TRAVELERS' OCIDE. Take" a Trip .to HONOLULU Suva, New Zealand. Australia. On the Paiaflal Passenger Steamer NIAGARA MAKCRA (20,000 tons) . ' (l.i.OOU tons) Salllnar from Vancouver. B. C. Maknra. ..Feb. Makiira. . .April 1? Niagara. .Mar. IjiI II Niagara. . ...May 10 And Kvery 28 Days Thereafter. Send for particulars of our ROUND PACIFIC TOCR.S and all other Information to Canadian Pacific Railway. 05 Third St., Portland, or to the Canadian-Australian Royal Mail l.lne.444i Seymour SSL, Vancuuver, B. C. .:tft t. M. Wednesday. February 0. haa Franl-isco. Portland Ixs Ance lm Steamship Co.. Frank Bollatm. Ant. A 466 Mala 20. m CAIIir S tTI'SDlandid toTOLiO ton twin- . " . i ..enuniiai' i t lu . . Srw&4ricaB3t4ir4 'f f . nv. . ..4,- . SDrldviSnTcHiNA-JPAN S65.?o. r-KSure loioara f eo. o,r en. iJ.iuar.i I ft