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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Nov. 12, 1916)
TITE SUNDAY OREGOXIAX, P0T1TLAXD, XOVE3IRER ' 12, 191G.
WHEAT GOING FAST
Million Bushels Sold in Country
in Past Few Days.
EASTERN DEMAND URGENT
Ten Iays Will Clean Vp Surplus in
Northwest at Present Kale.
Highest Prices of Season
Are Being Paid.
TAie. wheat market wai strong yesterday
with actual prices well above the top mark
established last month. In the country
prices were equal to those current here and
In some cases may have surpassed Portland
quotations, so keen was the demand for
wheat to ship East. There was also a mar
ket at tidewater for wheat, and taken all
together the market developed more strength
than at any time heretofore this season.
While the volume of business is not as
heavy now as earlier, when stocks were
heavy, yet there appears" to be a general
selling sentiment throughout the country.
It was estimated yesterday that total trans
actions since Friday morning aggregated
fully 1.000,000 bushels. If business keeps
up at tills rate, the remaining supply of
wheat In the Northwest will be cleaned up
In about 10 days. .
The car situation did not show much
change. Nearly all the shippers are getting
some cars, but none of them all they want.
The fact that the shortage is not becoming
more acute Is regarded as a favorable sign.
At the Merchants Exchange, wheat bids
were advanced '1 4o 5 cents over Friday's
prices. Except for red Russian, all the
offers were in the 60s.
The oats market was firm, and b'lds were
ev quarter higher. It was said prices are
at a point where business can be done with
the East, but no such trade has been re
ported yet. The barley market was quiet
and offers were 50 cents under Friday's.
An Eastern firm, in a current circular,
enters Into an exhaustive discussion of the
wheat supplies of the world, claiming that
world's requirements will this year be
COO.000,000 bushels, and that the total sup
plies from all countries are only 490.000,000
bushels. They say: "The outlook is. there
fore, for a continuing high price, especially
when the supplies from this country begin
to show exhaustion." It is pointed. out that
the export surplus from this country cannot
be more than 00.000,000 bushels, with a
minimum reserve, and that half of this has
already been exported. Their estimate of
the corn crop Is 2.647, S32.O0O bushels.
Terminal receipts, in cars, were reported
by the Merchants Exchange as follows:
. " Whfat HarJey Flour Oats Hay
Portland. Sat S2 3 0 3
Year aeo fi:i
Total this week loS
Year ago ,"29
Season to date.2rt1
Year aro 0G4S
Tacoma, Frl. ... 42
Year ago 4S
Season to date. 3109
Year to 4;."S
Seattle, b'ri 3S
Year ui;o 42
Season to dace . 2.VMI
Year afc-o r.nsT
ONION PRICE SAID TO BE INFLATED
Speculators Charged tVlth Manipulating Ore
. icon Market.
There Is a wide difference in the opinions
expressed by onion men as to the condition
of the market. While a few claim the
situation Is satisfactory, others declare the
market Is Inflated and In a bad way. It Is
said that a few California speculators, who
t bought here early, are, now trying to hold
up the market at an artificial level while
they unload before prices break.
The local quotation is maintained at $2.50
at f. o. b. points and while there Is an out
let In Montana and the Northwest for a
limited quantity at this price, the quotation
Is out of line with Eastern markets. It is
said a few cars could be moved to New
Ycu at ?2 and it Is declared this Is the
extreme price Justified by present condi
tions. The California market Is reported heavy,
with large stocks, speculators hoMIng 270
cars In cold storage there and about 12'l
cars In dry storage, while In Oroscn some
300 cars remain. Stocks held by Oregon
growers In their own onion-houses are keep
ing we!l. but with warehouse stocks tt Is
said to be different.
If, as Is reported, the speculators are
Playing the old game of Inducing Oregon
. onion-growers to hold the market up to a
fictitious price while the traders get the
profits, it Is well for the growers to make
r themselves acquainted with the facts.
HOP PRICES ARE HOLDING VP WELL
Large Volume of Business In Coast States
In Loot Few Days.
Hep trading has Increased In -volume In
the last few days. About 29O0 bales have
changed hands In Oregon, Washington and
California, at prices ranging from 11 to
The best prices were current In the Taki
ma section. Amcng the lots sold were 173
bales by Paul Lundahl at 12 cents. 181
bales by Frank Jackson at 12'4 cents. 05
bales by George Carr at 12 hi cents, several
lots aggregating 400 bales at 13 cents and
300 bales at prices ranging from 11 to 114
Oregon sales, the particulars of which
were not given out. were said to amount to
600 or 700 bales at 10 to 11 cents, be
sides numerous lots of common hops at
lower prices. , Wires from California re
ported sales of Sacramentos at 11 and 1H4
While hop men. growers as well as
dealers, are keenly Interested In the results
of the prohibition elections In the East,
they derived somo comfort from the word
that the dry laws In the principal states
affected will not go Into effect until 1919.
The trend of things, however. 13 plain, and
there is likely to be considerable reduction
In the Pacific Coast hop acreage In fthe
NAVEL ORANGE SEASON HAS OPENED
Further Advance in Cranberry Market la Ex
The first straight car of navel oranges to
reach Portland this season will arrive to
morrow. These oranges have passed the
Government test of 8 to 1 and shippers ad
vise that the stock is very well colored.
During the first few weeks of the navel or
ange season the oranges are expected to run
heavily to 173s and smaller, which means a
premium on 150s and . larger. The first
shipment of Japanese oranges Is due to ar
rive In the coming week.
The Eastern cranberry market Is very firm
and dealers find It almost Impossible to bu
more at the present time. The trade looks
for a price advance at almost any time.
Loeal cranberries are closely sold up.
The apple market was steady at the close
of the week with the demand chiefly for the
lower priced grades.
Both Oregon and California cauliflower is
now In market. Supplies of Southern toma
toes are fair. All small California vege
tables are firm in price, and because of the
scarcity and high price of canned goods, the
trade anticipates a strong market for fresh
vegetables through the Winter.
The potato market continues quiet and no
favorable change in the situation is expected
until transportation conditions Improve.
Slatittics for October Are Highly Favorable
as to Liabilities.
With business generally prosperous, fi
nancial obligation are met with greater
promptness and the country's failure record
continues highly encouraging. Strictly com
mercial defaults numbered 1240 during Oc
tober and the aggregate liabilities were 10 -775,654,
as reported by B. G. Dun & Co,
as against 1154 -insolvencies for $11,569,078
in the previous month; 1599 for $25, 022. .ISO
a year ago; 160 for $29,702,178 In 1914;
1434 for $20,245,406 in 191S, and 1150 In
1912, when the amount involved was $15.
762.337. It thus appears that while thi-re
were 90 more reverses than in the shorter
month of September, the number was less
than in any Octobei back to 1912. with thisj
sanallest Indebtedness of any month since
Not in any October since 1905 have there
been so few large failures as was the case
last month, those for SIHO.OUQ or mure num
bering only 1-3 and involving $2,241,216 al
together. These figures contrast with 30
similar defaults tor $11,829,159 last vear; 4S
in 1914 for $16,140,095: 33 In 113 for
S.i64.4'.t9. and 21 in 1912 for $5,756,359.
After eliminating the reverses of unusual
size, there remained 11:27 smaller insolvencies
and the amount supplied by these was $8.
531.43. or an avera of ii!.t. This a. er
ase compares with $8728 a year ago and is
the smallest for the period since litoil. The
large suspensions last month occurred as
-tlows: stven tor M.113, 3S amon-; manu
facturers, only two In The trading class for
$253,717, and four In other commercial lines
Butter Market Closes Firm.
The butter market closed firm with prices
well maintained on city and country cream
ery grades. Local stocks of fresh were
closely sold up, while the reduction In
storage supplies Indicates another general
advance before long.
Similar conditions prevail In the egg mar
ket, there being a ready demand at full
prices for the best offerings.
Poultry and dressed meats were steady al
the close. Saturday's receipts were light.
Salad Oil Advances Again.
Further advances were announced yester
day In bulk and case salad oil. Eastern
gelatines were also quoted higher. Date
prices have an upward tendency. Jobbers
have been advised that orders for Fard
dates have been , cut 60 per cent.
Bank clearings of Northwestern cities
yesterday were as follows:
Portland :$2.B47,5r.3 $16'.l.lu3
Seattle 3.278.911 -551.920
Tacoma 450,587 28.441
Spokane 1.268.875 1118.059
Clearings of Portland. Seattle and Tacoma
for the past week and corresponding week
iu lurmer years were
. . $14.143. OS3
. . 11.8.10. 751
. . 13.167,978
. . lri.R98.242
. . 14.813.4S7
. . 12.994.655
. . 10,954,1'.
. . 9,0X3. 378
. . 6.6H6.243
. . 4,074.496
. . 7,321,023
. . 4,580, 121
PORTLAND MARKET QUOTATIONS
Grain. Flour, Feed, Ete.
Merchants' Exchange, noon stssion:
Novt mber delivery. Bid.
What Bid. Tr. ago.
Bluestem $ 1.65 $ .W4
Fortyfold 1.61 .f34
Club 1 K1 .pimx
Red Fife 1 Kit .88 '
Red Russian 1.57 .87
No. 1 white feed 35.00 24. 0O
No. 1 toed 37.00 26 25
December bluestem $ 167
December fort J fold 163
December club l c,2
December red tlfe Vfio
December Russian l!58.
December oat J. 35.5
December bar'ev . . """ 3s nil
I'"LOUi; Patent's, $S.2: straights, "$7
7.4U; exports. $7. Valley, $7.70; whole wheat,
$8.40; rnham, $s.20.
M1LLKEEI) Spot prices: Bran. $;3.50f
4 per ton: snort. $25.5020 per ton: rolled
barley. $401 41.
pei-'0-"'.-V' ' ' '8 Per tt,n: cracked' -3
HA 1 I'rod'i" -rs' prices: Tlmothv, East
ern Orei; n. $17it20 per ton: timothv. Val
ley. slS-ii 16 per ton; alfalfa. $ini 16.5o:
valley grain hay. $1315: clover. $12. so.
Iniry and Country Produce.
BUTTER Cubes, extras, 35c. Jobbing
prices: Piir.ts, extras, 38c; butterfat. No.
1, 37c: No. 2, 35c. Portland.
CHEESE Jobbers' buying prices, f. o b.
dock. Portland: Tillamook triplets. 19c;
Young Americas, 2l'c per pound.
EliGS Oregon ranch, current receipts 43
?4oc per dozen; Oregon ranch, candled. 46 U
iic per dozen. N;
POn.l'RV Rns. lnl.-c; SpHnps. 1S
lie per pound turkeys, live, 23c per
pound; dressed. 25j27c; ducks, 13sll8c:
VEAL Fancy, lie T pound.
PORK Fancy. 12 012 '4c per pound.
Fruits and ..Vegetables.
Local jobblnsr quotations:
TROPICAL FRUITS Oranges, navels.
$4.1.); alenclas, $4.755 per box;- lemons,
$.i.j'6 per box; bananas. 5c per pound:
grapefruit. $3.505 6.59; pomegranates, $2 per
VEGETABLES Artichokes. 75cfr$l 10
per dozen: tomatoes, 75cfi $1.25 per "crate;
cabbage. $1.5011.75 per hundred; peppers.
5ii 7c per pound; eggplant, era 8c per pound -lettuce.
$2; cucumbers, $1 4 1 .50 per box
celery. 60i75c per dozen: pumpkins, lc per
pound; squash, lfclUc per pound.
, 'TATOE8 Oregon buying price, flAOd
ISO per hundred, country points; sweets.
$2.;t0 per hundred.
ONIONS Oregon buying prices, $2.50 per
Sack, country points.
6REEN FFsVTTS Apples, new. 60cS$1.50
per hox; pears. $15jl.5o; grapes, $141 2;
casabas. l',-c; cranberries, $10.50'j. 12.50 per
Local Jobbing quotations:
- i-LM0-' Columbia River. 1-pound talis
$2.o0 per dozen:, one-half flats. $150- 1
Poundflats, $2.50; Alaska pinks. 1-pound
HONEY Choice. $3.25 per case.
NUTS Walnuts, sack lots, 18c: Brazil
nuts, lie: filberts, 16c: almonds. iSfelUr:
peanuts. 6'c: coccanuts. $1 per dozen; pe
cans. 18 19c: chestnuts, 10c
BEANS Small white. lO'-ic; larre white,
1014c; Limas. 7ic; bayou. 7i4c; pink, 7-e:
red Mexicans. S'-.c.
COFFEE Roasted. In drums. 1735c.
SUGAR Fruit and berrv, SS.25; Honolulu
$8.20; beet, $8.05; extra C. $7.83: powdered,
in barrels. $8.75; cubes, in barrels, $9.
SALT Granulated. $10 per ton: half
ground, 100s. $10.50 per ton; 50s. $11.30 per
ton: dairy. $14.50 per ton.
RICE Southern head. 6Bc per pound;
broken, c; Japan style, 4 V- & 5c.
DRIED FRUITS Apples. 8c; apricots.
13 5 20c: peaches, 8 9 114c; prunes. Ital
ian, 8(g9c; raisins, loone Muscatels, 8c; un
bleachtd Sultanas. 9t4ffilOc: seeded. He:
dates. Persian. 10c per pound: Fard $1.65
per box; currants. 15-&16c: tigs, 50 6-oun-e
$2; 100 4-ounce. $2.25; 80 10-ounce. $2.40;
12 10-ounce, S5c; bulk, white, 7⪼ black,
6c per pound.
HAMS All sizes, choice, 23 He: standard,
21V422,4c; skinned. 2OVi021i4c; picnics.
14Hc: cottage rolls, 1614c.
BACON Fancy. 29HQ31He; standard, 23
2c: choice. 19r24c.
DRY SALT Short, clear backs, 16UB
18c; export. 17'4&19c: plate. 14'o15Hc.
LARD Tierce basis. kettle rendered,
19c: standard. 18c; compound. 15c.
BARREL GOODS Mej-s beef. $22; plate
beef, $23; brisket pork, $31.50; tripe, $10.50
ITops. Wool. Hides, Etc.
HOP T9H. crop. J0g11Hc per pound.
HIDES Salted hides. 18c: salted stavs,
14c: green and salted kip. 18c; green and
salted calf skins, 25c: green hides. 10c:
green stags. -12c: dry hides, 30c; dry calf
skins. 32c; dry salt hides, 25c; dry horse
hides. 75c to $1.59.
PELTS Dry long-wooled pelts. 21c: dry
short-wooled pelts, 17c: dry shearlings. 10
fa 25c each: salted long-wool pelts. 75c j
$1.25; salted short-wooled pelts. 50c$l.
TALLOW 8 'iS'ic per pound.
WOOL Eastern Oregon, fins;, 2326c;
coarse. 30'Si'32e; Valley. 33c.
MOHAIR 4oc per pound.
t'iSCAlU BAI1K Old und new, 5Hc per
KEROSENE Water white, drums, barrels
or tank wairons, 10c: cases. 18V-''t22c.
GASOLINE Bulk. 20V4c; cases, 29c;
r.aptha. drums. IStic; cases. 27c; engine
distillate, drums, loc; cases. lSsC
HOPS 1916 crop. 8llc per pound.
LINSEED OIL Raw. drums. $1.07: bar
rels. $1.05; cases. $1.10: boiled, drums. $1.09;
barrels. $1 07: cases, $1.12.
TURPENTINE In tanks, 62c; In cases,
67c; 10-case lot, lc less.
Duluth Linseed Market.
DULUTH. Nov. 11. Linseed on track.
2.93c; to arrive, 2.93c: Nov., 2.91c: Dec,
2.91HO asked; May. 2.96c bid; choice on
track. 2.9314 c.
Dried Fruit at New York.
NEW YORK, Nov. 11. Evaporated ap
ples dull. Prunes strong and active. Peaches
Chicago Dairy Produce
CHICAGO. Nov. 1L Butter higher:
creamery. 33ti36H:c. Eggs Receipts. 3317
Hops, Etc., at New York.
NEW YORK, Nov. 11. Hops steady.
Elgin Batter Market.
ELGIN", 111.. Nov. 11. Butter, 25 tubs
at 36 ic - .
NEW YORK. Nov. 11. Spot cotton quiet
Mid-upland, 19.40c Sales, none.
FURTHER GAIN MADE
Big Export Sales Strengthen
ARGENTINE FROST DAMAGE
Advances ut Close Uange Vj to Cent
ami . Hall", but Profit-Taking
Causes Several Setback.
Coarse Grains Higher.
CHICAGO. Nov. 11. Big export sales In
the- United States and heavy frost damage
in Argentina gave strength to the wheat
market today. The close, although unset
tled, was 4 to lHc net higher, with Decem
ber at 11.S9U and May at il.93i to $1.93".
Corn gained 2 to 2c and oats s to He. In
provisions the outcome ranged from 30c de
cline to a rise of 25c.
Houses with seaboard connections were
active purchasers today of future deliveries
of wheat. On the other hand, week-end
profit taking by miscellaneous holders oper
ated at times as a decided offset. It was
estimated today that Argentina's export
surplus hiU been reduced to 25,000,000 bush,
Corn mounted to the highest prices this
season. Rough weather, export buying and
bullish Argentine crop conditldns were laige.
lu oats, the principal factor was 'the
strength of corn. There was also a good
Provisions averaged loer. Influenced by
predictions of Increased arrivals of hogs
next week. Besides, shipments of lard and
meats showed a notabef ailing off as com
pared with a year. ago.
Leading futures ranged as follows:
. ..$1.8SS $1.99
. . . .92 .95
. .. .94V-J .96i
May 60 U
Jan 14.67 14.77 14.57 14.72
Cash prices were:
Wheat No. 2 red. $1.83 (91.87 4 : No. 3
red, $1.78-1.84-1; No. 2 hard, $1.9001.01;
No. 3 hard. $1.80 1.89
Corn No. 2 yellow, nominal: No. 4 yel
low, new. 99c; No. 4 white, nominal.
Oats No. 3 white, 5556c; standard, 56
Barley 85c 'a $1.17.
Timothy $3.25 n 5.25. r
Clover $11 y 15.
Foreign Grain Markets.
LIVERPOOL. Nov. 11. Cash wheat, un
changed. Corn, lfcd higher.
LONDON, Nov. 11. Cargoes on -passage,
unchanged. Corn, 6d to 9d higher, a
BUENOS AYPES. Nov. 11. Wheat closed
eay. 1 to V lewer. Corn. eaFier; general
undertone strong for all grain, with Ilpht
supplies and unfavorable crop outlook.
Weather generally fino and warm, except
heivy frosts in south.
Minneapolis Grain Market.
MINNEAPOLIS. Nov. 11. Wheat Dec,
$1.95'; May. $1.9Sli.
Cash No. 1 hard. $1.9974 2.02 : No. 1
Northern. $1.95T 1.9ST ; No. 2 Northern,
Barley. 75c & $1.12.
Eastern wheut Futures.
DULUTH. Nov. 11. Vheat closed. De
cember. $1.9SH; May. S1..9SU.
WINNIPEG. Nov. 11. Wheat closed, De
cember, $1.92. May. $1.03',3.
KANSAS CITY. Nov. 11. Wheat closed.
December $1.85: May, $l.S8',i; July. $1.48.
Grain nt Snn Francisco.
SAN FRANCISCO. Nov. 11. Spot quota
tions Walla Walla, J2.50jr2.55; red Rus
sian. J2.SOlT2.55, Turkey red. $2.SO2.S5;
bluestem. 2.5 Tj. 2.90 ; teed barley, $2.07Vi
h'2.10; white oats. $ l.i 7 ft 1.90; bran. $20
Sj26: middlings, $32 if 33: Bhorts, $27'j2s.
Call boa-d Barley, December, $2.15; May.
$2.24s. Sales', 1410 tons December; 14O0
Pnget Bound Grain Market.
SEATTLE. Nov. 11. Wheat Bluestem.
$1.67; turkey red. $1.63; forty-fold, $1.01;
club. $1.60: fife. $1.60; red Russian, $1.57.
Barley, $37.50 per ton.
Yesterday's car receipts Wheat, 38; oats,
1; barley, 1; corn, 1; hay. lu; flour, 5.
TACOMA, Nov. 11. Wheat Bluestem.
$1.67(&1.68; fortyfold. $1.00; club. $l.5'J;
Hie. $1.57; red Russian. $1.54.
Car receipt Wheat. 42; oats. 3; hay, 13.
HIGHEST PRICES IN YEARS REACHED
Unfavorable Argentine Crop Advices Are
Chief Factor at Chicago.
CHICAGO. Nov. 11. New high price rec
ords and substantial net gains of 314 to
7gc were sc-jred 'by the wheat market in
the v-eek which ended last night. Bullish
Argentine advices, resulting in large export
sales from the United Stales and from Can
ada, were of much effect in lifting quota
tions till May ilcllvery of wheat climbed to
$1.95'i a bushel.
Highest prices yet this season and, there
fore, the highest in many years, were thus
reached yesterday. chiefly because frost
damage in Argentina added to the Injury
already done to wheat there by drouth and
locusts. The estimates of the exportable
surplus in Argentina were cut down yes
terday ll.OOO.Ooo bushels, and on previous
days had alo been heavily reduced.
Anything like accurate knowledge of the
amount of European purchasing done as m
consequence in North America seemed to be
unusually difficult to obtain, but that the
totals were of liberal proportions there ap
peared to be little doubt. In this connec
tion, uneasiness which manr traders evinced
at the outset of the week that imports
from Canada and Australia would exert a
depresslni influence here soon disappeared.
Bad weather In Canada Interfered with
threshing, and rust was said to be spreadins
in Australia. "
Election results affected wheat prices only
Indirectly and in a transient sort of fash
Ion. If at aU. Some authorities professed
to trace alternate bulres ami -etbacks to
sympathy with alternating ch- ,-ea of val
ues in New York stock markel .. said to be
more cr less due to election news, but lead
ing traders here were by no means agreed
that political considerations cut any ap
preciable fig-iro of a lasting kind as to the
price of wheat.
Corn and cats gained respectively about
6 cents and 2 cents a bushel for the week.
Export call was active for both cereals,
and the Argentine crop situation, as well
factor's trerst!l of wet. were bullish
Stiff advances formed the rule In pro-li'0-0"'-
tn,e 3am"' nsinr from $1 to
$2.1-. Fereljrn demand with upturns In -the
causeaf C"'"Ll'' wero -""ed ! leading
SMCT DAMAGES IDAHO WHEAT CROPS
Expert TellH Inland Empire Farmers
Trouble tan Be Avoided.
LEWISTON. I"abo, Nov. U. (Special.)
That smi.t In the wheat has coal tue farm
ers of Central Idaho and Eastern Well
ington at least 5 per ct nt in price and from
19 to 15 pet- cent 111 yield is the estimate
made, by E. . Eaves, manager of the
Vollmer-Clearwater f'ompanv. n r Eaves
regards smut as the rreaiest menace to
wheat-growing In the entire Inland Empire
region, and declares that the farmers must
resort to practical methods to protect their
Mr. Eaves, who is a recognized authority
on wheat, says that all localities that can
grow com beans and peas can easily escape
the smut by planting thes-. crops on Sum-mer-fiillow
land and the Wulowrtis- Sorinr
with Marquis wheat.
SAN FRANCISCO PRODUCE MARKET
Prices Current on Butter. Ea-gs. Frnits,
Vegetables. Etc., at Bay City.
SAN FRANCISCO. Nov. 11. Butter Fresh
extras. 32ic; prime firsts. 32c; fresh Arsis.
Eggs Fresh extras. 48tc: pullets. 3Sc.
C'hees New. lOV-c: Young Americas, 18c
Poultry Hens, 18 3 20c; old roosters, 11 0
12c; fryers. 20u21c: broilers, 27S.20-.-; large
20-22c; squabs, $22.50; pigeons, $1.2u g,
1.75: ducks. I31rl4c: live turkeys. -2C825c
Vegetables String beans, 5 r 6c ; blue lake.
Sc; wax. 57c; ltmas. 56c: field pens.
6-5 7c; garden. SlOc: Summer squash, s5c
Si$l; tomatoes. 35-y.OOc; eggplant. 501 50c;
bell poppers. 3r-y'50o; Chile peppers. 30ej 4"c;
garlic. 3-75e; celery. 20"i35c hunch: okra,
40'a6oc: corn. $1.50r 2 ; rhubarb. 75cu$l:
marrowfat and hubbard s-quash. 45ccu$l
l otntoes $1 no ft 2.20.
Fruit Figs, black. 75c4r$1.00: essabas.
f-!T5c; pears. Winter .Wills, $1.25 1.75;
Malaga grapes. 40-t6.-k-: Muscat. 001 7c:
Tokay, 5it'.i75c; Isabella, 65SOc: wine
grapes. $12i'JO ton: lemons. $3.50ir4.50;
grapefruit. $2.25-?i 3.50: oranges. Valencia,
$3.75 4.25; bananas, $141.5'.f; pineapples,
Feeds tuffs Cracked com and feed corn
meal. $4X49; holled barley. $41S42: al
falfa meal, carloads. $17, less $18 ton.
Receipts Flour. 4490 quarters; barley,
6S6O centals; beans, 30.525 sacks; potatoes.
7620 sacks; onions. 1215 sacks: hay. 260
tons; hides, 820: wine. 28.800 gallons. "
Coffee Fntnres Trade Actlie.
NEW YOR14). Nov. 11. Trade was un
usually active in the. coffee market for a
Saturday, sales for the day aggregating
11.500 bags. The trend of prices was
slightly downward, although, considering the
volume -of business, the undertone was well
maintained. Opening 2 to 4 points lower,
futures kept within a narrow range all the
forenoon, with final prices 1 to 4 points
lower. Heavy selling by trade Interests
was met bv a srootl demand for Wall street
and cotton exchange houses, which bus- ;
laineo. tne market. December sold at 8. 2.--;
March from 8. loc to S.3SC. and May from
8.50c to 8.40c. Closing bids: November,
S.19c; December. 8.24c; January, 8.21c; Feb
ruary, 8.34o; March. -8.39c; April. 8 44c; May.
S.49c; June. 8.54c; July. 8.58c; August, 3.03c;
September. 8. 67c: October. 8.72c.
Spot coffee, steady; ltio 7s, 9c; Santos
4s. 10 He
Cost and freight offers were more plentiful
and slightly lower, with Brazil showing a
disposition to press coftee for sale. Santos
4s were quoted 10c cost and freight London
The official cables reported Rio 'exchange
1 l-16d lower and Santos futures 25 to 75
I'wpprr Market Finn.
NEW YORK, Nov. 11. The copper mnrz
ket remained very lirm, with la rye In
quiries from France reported, the pecond
largest ever received In this market. A
sale was reported at :i2c, November ship
ment, a new hlph record. For first quar
ter, leading producers were asking Vc
to Slc, and second quarter 21c to 30c 6
Iron was unchanged.
SAVANNAH. Ga., Nov. 11. Turpentine,
firm, 4t' fx 4tPi:; fair, 2S7 barirls: re
ceipts, iliment3. Jtt; stock, 11.:;VJ.
Konln firm. Sals, 1 '11 7 Darrein; receipts,
9Jo; nhlpTTUfnt. 003; stock. 7i.Gs$. Quote:
A. B, fKi.Ur. O, U. E. $i.'J3; F. 15. H. I.
ri.j;r; K, fti.37H; M. $'1.40; N, $0.60; WG,
CATTLE PUCES FIRM
LOCAL MAHIvLIT ILAS DECIDED VP
Hojr Value Rule Strung; During Past
Week Sheep Receipt Very
I.lKht at Yards. -
The livestock market closed quiet with
no cbange In price conditions. Receipts
were US cattle, 151 hoes and C3 sheep.
Shippers were: C. E. Lucke. Canby, 1 car
hogs and sheep; Amdahl Bros.. Kast Port
land. 1 car cattle and hos.
The day's sales were ss follows:
Wt. rTlce.i vt. fnra
2 steers . . rH. :i.S) 10 cows
745 t'S "0
1 steer . .. ami 3.00 1 cow
. louo -j 00
1 heifer ..J7,i) o..i
1 bull l'J IO 4 0
1 heifer . .
1 state .... 1 -
4..".o; 1 bull liTO
5.0'Ji 83 lions V.I3 M..'i3
...141U 4.2. 1 lamb .... h 8.30
1 cow . . ..1040
8 cows . . luoo
4...; 27 ewes .... l.tj .1.4J
4.73. 4 ewes 10i 4.00
4 COWS ... 060
The weekly report of the Portland Union
Stockyards Company on the feeder market
"Trading In the feeder division during- the
week lias been the highest for several
months. Offerings conslnted of but a few
hunuVed. the most of which was only of
common quality. Good feeders found very
good demand at 10 to 23 cents hlghur
price. Best fleshy feeders brought $3.75 to
0, but the bulk of the good boo to U3o-pound
steers brought J3.25 to $5.73. Cows sold for
the best at $5; common and fair quality stuff
sold from $J to $4.tu.
Good to choice. 800 to 1000 lbs
Fair to good. 700 to 050 lbs...
Good to choice yearlings
Good stock cows
lluln r . w k rows .............
. 3.23 4tr5.6
. H OO'J ti 3"
. 3 30 .( 4. .10
. .. 3.0J'a.4.U0
Reviewing local maraet conaiiion.
Livestock Reporter says:
"The heavy run of csttleseems to have
abated, there being no cattle offerings Tues
day except a number of drive-Ins. which
weie all off-sraeie dairy cows. Yesterday
saw but a couple of loads of mixed stuff
nere. which were mostly of the ordinary
variety They were all sold at good steady
prices with Monday.
"There were about 100 head of cattle hers
for today's market. Demand was good, and
steers and cows scored further advances.
Most of the run was, as is the case during
the week, uHirally of the ordinary variety.
Prices on this class of stuff were steady
to. In some cases. sltRhtly higher.
"A few head of good steers brought $0.0
yesterday; the balance were all very thin
and quality was common. Several bunches
went at $5.25 und $5.50. and from this
down to $:t.
"Gotxl r.teer made further price gains
this morning of about 13 cents. There was
ont load only of steers here, which sold
.early at SJ.fc3. Other offerings were all
'Valley stuff. fnd sold at good stendy prices,
the m ist of which sold from $5.30 to $ti.
"Demand fr fTlme heavy steers Is good,
and would bring from $6.S-t to $7.25, with
prime handy weights from $0.75 to $7.
T'ne bulk of steers sold yesterday at
$5.25f R.30. e week ago at $3.50.25, a
month aeo $'i.50i6 7.25. a year ago at
$'18510.75, two years aco at $'l.tl5 &7.15,
three years ago at $7.40 B 7.63, four years
ago at $6.0i7
"The bulk of hogs sold re-terday at
$9.55 0.60. fx week ago at $&.50&i-55. a
month ago at $9.rtOtfj 0.75. a year ago at
$a.l3tt C.40, two years ago at $7.0S j,7.10,
three ynra jco at $S.li4jS.23. four years
ago at $7. SO 7. S3.
"The sheep market has been nearlv de
pleted of supplies the last few days. A few
odd lots only have been received on the
market, which were quickly absorbed by
packers at rood, steady prices. Valley
lambs again brought $S.30, with yearlings
at $7. SO. A few ewes brought $5.30 A
very keen demand for sheep supplies con
tinues." Cattl Pries
Steers, prime A40n7:oo
fateers, ijood 00640
Steers, common to fair 80093.73
Cows, choice 5.S0',?a0O
Cows, medium to good i.Mt500
Cows, ordinary to fair 3 3nsr4 00
Bulls 3 00';j4 2S
Ca'v 4.00a 7.30
Prlmo (i.ujfo no
Good to prime mixed Slv;r9.xl
Rough heavy 8 0oS'5
Pigs and skips ti.00ti3.23
P h e p
I.amh ninn -5
Ye-irhne-s wethers 7nnr7S5
Old wethers 6 25 -.f 0 50
Ewes 8.00&3 50
Omaha Livestock Market.
OMAHa. Nov. 11. Hogs Receipts HIM
higher. Heavy. Su.70f 1 00; light. $9 nit ft
95; pig". $S.505.50; bulk of sales. $9.03 it
cattle Receipts 200, steady. Native steers,
grt 73'ri 11.10; cows and heifers. $3.75i?7 50;
Western steers. $0.'0jw; Texas steers. $G'97;
Blockers and feeders. $5.75 ?f 8.
tiheep Receipt 30O, steady. Tesrllngs.
7.5fwU25; wethers. $".23ys23: lambs.
10. 0!S 11.55. s
Chicago livestock Market.
CHICAGO, Nov. 11. Hogs Receipts 22.
ono. stroTie. 10c above yet-rda average.
Pulk. ! 3.-.6j in; light. $.-. .-.; mlxsd,
1 9 40 "r 1 o .20 : heavy. fn 55 o 10.20; roush.
$ys'.'(, 9 70: pic. $t73ars.i.
Cattle RecelT.t 'on. steady. Native beef
cattle. $7 Idfl 12.oS; Western steers. $0 709
10.10: stockers and feeders. $4.80 f?S: cows
and heifers. $n.T3g9 70; calves. $S.50ifl2.
SheepReceipts 30. 000. steady. Wethers,
$7.8539: lambs. 0gil.75.
NOW PIES FALL IN LINE
Port Clinton Article Joins High
rORT CLIXTOX. Nov. 2. Pie eatera
or this city who have been depending
upon local bakeries to satisfy their
appetites hare received notice there
will be no more 10-cent pies.
The price will be 12 cents, the raise
being- In accprdance with that of other
food products, bakers announced. Bread
prices remain the same but the S and
10-eent loaves hae been reduced In
PEACE TALK FACTOR
Coppers Only Steady Stocks in
Wall Street Market.
SPECIALTIES ARE WEAK
Mexicans Pressed for Sule on Ad
vices of Fresh Disturbances Be
low Border Steel Most Ac
tive Issue at Lower Price.
NEW YORK, Nov. 11. Revival of peace
rumors, echoes of the recent campaign and
reports ot over-production In certain lines
of Industry, notably the automobile trade,
probabiy accounted In varying degree for
the Irregular and, at times unsettled tone
of today s market.
Special Issues. Including Central Leather.
Alcohol and less seasoned industrials and
equipments were pressed for sale by the
professional element wltli Mexicans, the lat
ter yielding on advices suggesting fresh dis
turbances across the southern borner. Lea
ther made an extreme decline of 5 points,
with -5 for Alcohol. 10 for Bethlehem Steel
on a few transactions, 2 to 3 for motors and
allied she.res. ard 1 10 2 for higher spe
cialties, marines and sugars.
United Stitwi Steel was again the most
arMve stock, making an extreme loss of 1 H
points, regaining less than half.
Kails Were consistently heavy. Investment
Issues as represented by Union Pacific and
Reading losing more than a- point, with
Lehigh Valley. Kock Islund and less im
Coppers were the ma'nstay of the mar
ket. Particularly Utah, which rose 3 "4 points,
to 11U4. a new record: Chlno and Ray Cop
pers also ceiling at riew top prices. Metals
were at their best In the later dealings ana
served to effect partial rallies elsewhere.
Total lull ol stocks approximated Ooo.OOO
General news of the day included recur
rent weakness la exchange on I'etrograd.
accompanied by unconfirmed reports of a
hitch In the negotiations attending the latest
Kur-sian commercial credit.
The bank statement was noteworthy for
the enormous expansion of SMmost I9JS.00O.
0OO shown by the actual loan account, this
being reflected In part by the Increased tie
poslts. A decrease of more than $23. 000.
(nmi in res-rves again brings the total exects
slightly under $ lOO.OOO.OOo.
Bonds were irregular on limited dealings.
Total sales, par value, $l.W75.Km. United
States bonds were unchanged on call during
CLOSING STOCK QUOTATIONS.
High. Low. bid.
I'-'i, 101 1m4
05 ;li n3-i
72'i 70 H 701,
." S M", 114
113-1. 111!, 112U
154H 153 V is::
TtA .-..'.l 50 It
loit ov, loin,
10(1 1, lns 105
Mi", sr. (..-,
o7-- 87 M r-7t,
7 f. (.1
231, ;:2 22
173 1724 172
nsi 112--, 1131,
t."1! 67 , t7u
05 '4 44 P4i
34 S 53 H li.T,
(17 ll.ii, CO i.
55 54 ,w 1,
1 0 1 S ij I l
. HI', so :.-;
44 -111 4 1
:;si "i. 37',
Inoi, 17S 1711-s,
1 1 i IIS 117 '.,
14 S 4. 4:;i,
lOOt, 1(, Ifirt
1S'4 T1 14
OS7, 0.a r.9
11V 11714 llTi;
27 2fl ! 20 1,
5G h f5 55 5-
109 Jo li.(i4
. 41 4IIH 4014
11 1SH iu.
10 !1 lit
! PS PS
los 10714 I0714
do 14 60 14 ell',
142- 141 141 'i
112'ir- 11 1 H Ill's
20 H 25 'i 25 '4
33 'i 32 32"'4
100 10714 107,
S3 sol, go,
.".2 32 .32 'i
101 ' loo; loin
2S's 2TH- 27 S
125, 122 , 124
s rtn , 1 4j
"'! o. 1 -J
14014 14H i
S3 S3 S2"4
13014 134 131
124 122 "4 122U
124 122', 12H,"
1!14 I'"'. 110
T1. : .:'!
102 : 1 -., 101 ;
1.4:; 64 '4
100.000 . ; t-S.
4. of 0
Am p.-et Sugsr..
American Ca 11. . .
Am Car A Kdry.
Am Sin K-fg. .
Am Surf Kefg. . .
Am Tel & Tel
Am Z I. & s
Aiiau-nda Cop. ..
It-lit. in Loco. . "
Unit Sr Ohio. . . .
Br Rap Transit.'
B i- s Copper. . .
Ches & Ohio
CM Mil St P..
Chi it N W
i! I P Ry
Cliino "'opp'r. . .
'ilo r'u ron . .
Corn I'rod Kefg.
Cruc! tile Stei . . .
1 ist Securities. .
Gt N.r pfd
Gt Nor tire ctfs."
Illinois Central ..
Int Consol Cnrp..
Int Harv. X J...
Ir.t M M pfd ctfs
K C Southern . , ,
Kennecott Con. .
Kl.uul4 & Nash. . .
.Mexican Petrol . .
M K T rfd
Nat lonul Lead . ..
N?va !:i Copper..
New York Cent..
X Y N H . H
Norfolk A Wert..
Pnc T.-l & Tel. . .
PennFylvnnla . . .
Ray Consol Cop.
I'.ep Ir & Steel . .
Shat Ariz Cop. . .
Southern Ry . . . .
tudebaker Co. ..
TonneM.ee Con. .
f S Ind Alcohol.
5. I 00
U S Steel
I'Tnh Copper. . . .
Wnl'nsh pfd B. ..
Westing Klect. ..
Total sales for
ref 2s. reg 00i4'N p Rs
ref 2s. cpu Wla'l'ac TAT 5s.
3s, rig. ...101 Penn con 4 V-
5s. cpn looi" s p ref 4s....
4. reg 110 V p 4s
4s. cpn lioi L' P i v 4i
. lol I
. 00 s
Hmell (Is. ..112 L S steel 5s lOrs-s.
leon sen 4s f44 !S P cv 5s 105'..
C deb Gs. .ll:lt,!.nclo-French 5s. 04 .m
Boston Mlnulnc Mocks.
rosTON, Nov 11. cioslnr quotations
. 1 .1 1 j.v lIllssltK
. 17-SiNoith Hutt ....
. SS"4)Mld Dominion...
.575 1 !ceoia ........
. 74 4 Sliaimon
, 10a Superior
. 10 pup Boston..
, 51 Tamarack
, 14'iU"'sh Cons
Arls Com . . . .
Cal Arls. ...
Cal .V Hecla..
c.-nteiinuil . . .
i"oj p-r Htiutte
l-!t Hull, ..
Green. Can . .
Lake Copper .
Kerr Lake ...
Money, Eicbsnm, Etc.
NEW YORK, Nov. 11. Mercantile pa
per. 8 '4.
Sterling Sixty-day bills. $4.71 hi: com
mercial. AO-day bills on hanks. 4.71: com
mercial 0-day bills. 4.70,: demand. 4.75
11-16; cables. 4.7(l 7-16; francs, demnnd
4 SIS. cables 4.83 ' : marks, demand
cables 6: 13-16; kronen, demand II. s7. ca
bles 11. SS: (uilders. uemand 404. cables
41: II res, demand C.154. c.iOles 0.641,; ru
bles, demsnd 20.40. cables 2U.50.
tar Kllii-r. 71 '4c.
Mexican dollars. 55V4e.
Government bonds steady; railroad bonds
SAM FRANCISCO. Nov. 11. Sterling In
London. 4.71 t,; demand. 4.75; cables.
4.7i. .Mixlran dollars, 54Uc
LoNDo.N', Nov. 11. Br sliver. 34 l-16d
per ounce. Money. 5 per cent. LHscount
r.itm short bills, 5if5i per cent; 3
mooths. 5', flSS per cent.
Stocks Steady at London.
LONDON. Nov. 11. American securities
were Idly steady on the tock Lxchanss
WAR IX1T.VENCB Of WALL STREET
Rnraors of Early Peace Have leproslnc
Effect so Prices.
KKW YORK. Nov. 11. The trend of
events In this weeks active market sus
aeted with increased force that, from Ihs
point of view of the flnanctsl community,
the continuance of prosperity in this coun
trv hinges to a Brest extent upon condi
tions across the water.
The uncertainty which for a tlms sur
rounded the contest for the Presidency had
ni material effect upon quoted values, but
rumors of early peace anion the warrins
nstlous of Kurope nere in themselves th
cause of conrlderable depression
True to the record of ths past three
months, new mr.xlmume wers established,
these ernSjraclnj I'rilted Ptates Steel, the
leading- coppers and various other indus
trials more or less remotely rslated to the
so-called war group, chief among these
belnir Central Leather. Activity in the dl-
.. . I . . Hn n.ni-nlH V. v - . r. .
j continued at full capacity and advanclns
The stnte m the steel . Industry was dis
closed in the October report of the United
States eUee! Corporation, which for the first
time In its history attained a volume of
unruled orders In excess of 10.000.000 tons.
Orders for rwflned copper wero placed
for delivery. t months hones at ths un
precedented price of 5214 cents. Hides and
finished leather, contlnus to soar, and other
raw and fabricated products are selllna at
levels S4!.'om. If ever. re--ora.-a.
Kalltire of the railway division to partici
pate in Hi sdvancinit movement as at
tributed In part to the derision of the leaJ
Ini! systems to contest the. lesallty of the
elKht-hour law. There was alo m marked
cessation of demand for low-priced rails,
such h cl-.aract-.-rlzed the operations Of the
There sas no material a'teratlon In dis
counts on London and Paris, but rates on
Vienna. Pome and Petrocrad moved more
unfavorably to those center..
Interna'ior.sl bond. issu. s wero more
steady on reduced ulTerluKs.
IXCKEASE IN BILLS DISCOTXTF.D
Gain of Five and Half Millions Is "Reported
by Federal Knrrre Hoard.
WASHINGTON. Nov. 11. Ths Federal
reserve board's statement of combined re
sources and liabilities of the 12 Federal
reserve banks or the Vnlted States at the
close of business November 10 follows:
Gold coin and certificates in
vault f 2n5.K07.ooo
(sold settlement fund laW.571.OoO
Gold redemptlou fund with U. S.
Total f-(41d reserve . . .$406, 836. non
Legal tcuder notes, stiver, etc.. 7.312.ou0
Total reserve t414.14S.OoO
rive per cent redemption fund
aicnlnst Federal Reserve liank
LUls discounted aud bouaht:
Maturities within 10 days X
r rom 11 to ;io oavs
From 31 to 60 days
Front 61 to io days
Over OO days
tnitei 8tatea bonds $ 39.833
One-ytar X' tit ted States Treasury
Municipal warrants 0,ti74
Totnl eaminir assets $1S188.8.131.52V)
Frdernl reserve notes nt 1 7, I n. om
Oue from Felor;il Reserve banks ;..", Mt;.".tMo
A I otlivr rvurcefi -.4:t.MHt
Totn ! resoun-es 4(50.146.imiu
Cupita! p.ild In $ .Vi.710.tMW
Government deposits 2;i.o:v,0io
Member bank deposits net 5."V4vmm
Federal reserve notes net 13cG,0v0
Felera! HtPorve Bank notes In
AU other liabilities 519.om
Totn I llnbllit.es rtr.O.?4.onn
Gold reserve against net deposit and not
liabilities 72. S ptr cent.
C:t.-h reserve analiift net depoMt and not
liatitiities 74.1 per cert.
Cash resierx-f tfatnnt net depoMt Il.ibl!!
tlej after tting a a. do 40 per cent roM
rt'stiTve anrninft uRRreate net Habtlltles on
Federal reserve notes In circulation, 73 per
EXPANSIO TN LOAN
New York Hanks Report Inrrfane off Nemr
Iv N.nety-lx Millionti.
NEW YORK, Nov. l. The actual state
ment tf New York Clearing- House banks
L o b n v, discount?.
rt. 3.4M.S::S.C-O0 07,776.000
Unserve in own
Rcs r Jn Frrteral
Keserre Bank ... 170.S7O.OOO
Rrs'rve in other de-
positarlt 9 W.6!3.0CO
Net demand de
Net time deposit?.. 17i.rt41 tnirt
5.2 IT. 0O0
D.'cr. . Of which .trf.na.:.'A is specie.
Apsrasate r"Tve, ?::;. i'T.O: excess
n srrvH, " li.S.rtS.'J.'.O; decrease $23. -3s.
Summary of rtate banks and trust com
ps.nlei In Greater New York not Included In
t iea ring-House statement:
Loans tllscounts. etc. $73fi.S71.S-v
Specie . 4t.3.".oO
T.t al tenders 1. W4.0i 0
Total deoosita 04T.J!rt.lMh
Ikii.k can reere in vault fi...a-t.." .
Trust companies cash reserve In a nit,
$ 7. MH.
TREATiNG GROWN GALL
tsiLriiru FOOD FKFKCTIVE in
rEBIMKNTS IX JACKSON.
l.lackleg I Found In Wheeler- SnJan GrtMN
Ioubtful In WtMro True Co-ope ra
tion In Crook.
CORVALU5. Nov. 11. (Special.) County
agents reports to Acting State Leader Kvaiu 1
this week show activity in the usual In- i
t crests on the farm :
Ja kffon County The greater part of this
week was spent In checking over experi
ments In the Klamath orchard started by
I'ro feasor Henderson. Different materials as
sulphur, sulphuric acid and copper sul
phate were applied . to the roots of trees
affected with crown gall in an effort to
find some cure for the crown call. In
checking over the results the sulphur was
found to kill much of the crown gall, and,
further, no blight was found on sulphur
treated trees. This Is attrlbui-'d to the fact
that click beetles and other Insects work
ing on root blight were absent, due to the
re pe la nt nature of the sulphur. The results
of the experiment has such merit that the
manager of the orchard has ordered a car
load of sulphur, and Is going to treat all
tr.- not for crown gall alone but as a
repellant to insects and In that way reduce
the blight. Not a case of blight was found
in the roots of trees treated with eu.phur
where two years ago these trees were badly
blishttjd. Claude C. Caie.
Wheeler Several cases of blackleg have
occurred In the county, and assistance as
given in vaccinating calves. Several Identi
fications of the disease were made In each
case, and the carcass was burned. Consider
able time was taken In securing places for
renters who wish to change places. Twenty
one farm visits were made and one school
was visited. Forty -four calves were vacci
nated. C. L. Jamison.
Wisco nly part of co-operators grow
ing Sudan grass report success, others re
port failure. That sown broadcast has been
generally a failure, while that grown In
rows on warm soli gives Indication of suc
The bulk system of handling grain has
been a great success. - and where grain is
cleaned, there Is little or no differential.
I have been Interviewing the stock men with
the Idea of a united opposition to the Ilro
.Inatlon of the outside range. A. R. Chase,
Crook The largest part of the week was
spent in personal calls on the president and
other officers of farmers club at Tumalo.
Cilna Kalis, Glut, .Lower Bridge, Pow
ell ftutte, Tethrow Butte, Rye Grass Valley.
Hear Creek Hutte. Pleasant Valley. Bend
Grange and Clover Dal Council. This was
to arrange for a meeting mith these clubs,
when it is hoped to get them together axaln
and elect a counctl member to the County
Plans were made whereby this offlqp will
no lunger act ,as secretary of the Deschutes
Valley Potato Growers Association as was
done last year, but will act in the capacity
of advisor and assistant to the association
in an educational way, working along the
lines of teaching true co-operation, princi
ples of organisation and system, grades,
varieties, standardisation, etc. Accordingly,
accepting the first suggestion we are getting
out co-operatively a mimeographed news
letter to the members of the association.
This It Is hoped will allay much suspicion,
skepticism and misgivings that are so prev
alent in the usual farmers organisation,
where the members are not In close touch
with the management.
in co-op-- ration with the Etat Library,
arran semen ts were made for maintain mg a
l.b'.ary tifte in the office. Hooks are now on
the st.elf consisting of a very good collec
tion of works on irrigation, sous, potato
und dairying. An article was sent to the
press announcing this and already the books
are going out to the farmers. H. A. Blan-
WANTED TO BUY
any kind, any size, any quantity.
Will pay highest cash market
f r 1 n.
inion s 0iaiva2e otore
First and Alder Streets.
WOOL BASIS STRONG
Mills Add to Their Holdings at
High Prices. .
CONFIDENCE IN FUTURE
Fine Clips IIae Chior Call ativl
Ianufactarcrs Are I.ileral Buy
ers In East and in Interior.
Ooods Output Sold Ahead.
Wool buying In the Boston market In the .
r!"t week has not been altogether specu
lative, as milts have taken a very consid
erable quantity, and on top of their recent
purchases, such buy ins; can be only "becauo
of a firm cMivb-tion in the stability of the
situation. The Commercial Bulletin says:
'"Some dealers estimate the sales of the
week at 10.00VO"M3 pounds or more, but
others think this estimate somewhat too
large, although there Is no doubt that well
up towards ti ls quantltv of wool has been
sold, and It may be that 10,000.000 pounds
Is a conservative estimate.
Kino wools have still had the chief call
and leading manufacturers have been keen
bura both hro and In the interior markets.
Con.paratlvclv llTtle line and fine medium
territory wool of any class can now be had
uiuier SO ciits clean basts. There is ;
str'Jiijir fee.irs in medium wools, also, as
a result of te decided movement In fine
wools, and prices have been marked up all
an und, al'houh the extreme asking prices
have not ye been obtained. It would appear.
The advance over a week ago is about a
cent tt pound In the urease, for the best
w.vil. ail as compared with a month ago
the market Is some 10 per cent higher.
Wh.re will the market end. is beintr con
stantly aked. and no one is able to an
wT. nor on the other hand Is U easy to
pi ve a reaTonahle answer to the query,
"WV-ht is th? cans t.t the advance?" The
market seems to be moving without uny
particulsr reasoning t,n the part of those
op.ratlng. beyond the belief that the war
Is causing si-ch a tremendous consumption
or wool that almost anv prices will be
found to have been Justified a little later,
fc-ome day. It Is conceded, the mills w.iil
awake to the realization that thev have a
lame stock of wool In their lofts or in
sAMieore eise's lofts, and then will come a
breathing spell, but when that day w' be
V9 1 Pe let.
The position of the mills Is a strong on
at the moment, almost too strong for com
vi " !'ifc Af cloth have been consider
able and the pressure to bur on the part
of cloth!, rs Is x.ry heavy. Indeed, there
sr some miiis which are verv much dtsti--clincd
to make sales- much if any further
ahead, for fear of the possibilities that Mo
Var!.,rd "p ln th future and notwith
standing the fact that prices can now b
demanded and oLtain-d which would show
tr handsome profits. nevertheless the
time of delivery Is o fr distant that the
chances are considered alm.iM too heavy to
C.ms.r and plnnrs are obtaining bet
ter pries for their nroduct. LWt 2-40i
half-Mood arTK htve bo,n sold this week
f sightly better than 1 ,V. and spinner-
hlh us bombers want
f'-15 1c'r ilmtsM anything In fine Tops, and
from that u;, to $1-0 to 1 C5 for best fine
Australian and domestic. On the basis of
Vl Vy im'ar U for r!n "P1 domesiie
woo a. t(u letter quotations are hardly ex-
11 SHeK JT ppot ,ot ar to be had
at slights louer flcwre.. but tht..0 do not
represent lare Quantities.
New York Xugar Market.
M.?! Y-,!-K' NoV- lJ Hw susar. fin...
Molars O.o.c; centrifugal. .I.r,-c. Refined,
sresdv; Hn rrnwij!, 7'.".- to 7 r,.0
Brsers. Stnrk, Rnnds. C
ria.ZIT BOARD F TRAIIK Rind
MLUUCIUi CIIICAf.U UU.4KU UT
t UA.11 m.
c"rrtnrf. nf naa j Brraa
Cbiraa-o aad New Vark.
riilraao Mnrt Elrs.urr
bnton Sle-k Csrlissft.
C kilrssflt litjanJ of I rfts.
l'rfc I ulioa Kirii.ns.
)rlrB (olton Ki-hjus.
Nsw .rk Co(lr l'.irhsi4.
N.w lurk frc4iu kiri)SS
l-llrtpi.: C'ott.-. .4i..a.
Portland to fn Frsn.!s-o ri. S. Norltasrn
Pail.lc. express train time. Sailings Nov 11
IS. tri. .id. Cal. -tr. Kxpress leaves 0:3'
A. I. l ares fs. ,1L' S0. 1.-,. $iT..".rt. lX).t.P.
San I-Tanclsca to Portland Nov. 9, 14.
S.S. Great Northern. San Francisco an
Ixs Angi-ics tu H orm; ti : u. .Nov -j;; Lec 1.
Ian. 4. .3: K-t. 1; ilarcn 5. lli. HSu round
trip, ind up,
I Worth Bank. 5th Stark
TirRFT J fatluu. luih antl llos
OITKE4 1 3,1 Mor-. N- "y.
U,,U" S18 Mush . ti. N. RV.
I inn 3d. IturllfKion Rr.
I'rlnre Kupert. Ket lilksn. rsnrell.
'"rh"r"t. Jiinean. Tratell. IHiuelas.
1 linne. Ilslnrs. tkacTray. (.rdovs. Vai
iies and eMard.
Is Eeatt.e or fcsn ranics to Is
Ani and Snn Uieco. Liraest ships,
unequsled service, low rates, including
metws and berth
Kor psrticn'nrs spp'y or telpon
Wnur STEAMMIIP COMPANY.
Ticket Of flee, :4a Washington t.
I'ac. Main l;t. Uolne A tSBi.
MONDAY. t:a0 l: M.. November IX
Ssn Krsncisco. PiTt.snJ. Los Anse-
les St. smi-mp Co. Kr.uk lio.iani, i
A-t-. 124 Third tt. A 4.'.'ti. Wsln ;
Honolulu. Suva, Now Zoalaqd
THE VA I. ATI A I. I'AtstM.rR IKtll-.Ks
K.M.K. MAUAkA." K.M.M. -.MAKI RA
tu.ouo tons dls t tla.ftOO tons a s.
from VAN Ol VK.R. IV C .. Nov. )e-.
?o. Jan. 17. J'rb. 14. Apj.lv un;i.lian Pavir.e
Hailuay. 53 Third St.. Portland r. r t.
he Cansdlan An-trallsn Kal Msll J ix
44 leiuour Street. ( srsuior. U. C
U-5.MsJS.Ss. SILRRA. 5CN0MA, VDiTUUa
S.TT tnn 0T- 28 Dec 19. Jan. 9.
LOW EST RA.TtfS Of rsssAtilf! Ar"lv(
OCEANIC S. S. CO.. Cna4ru:SCSa-l!dlctttf
Eureka, San Francisco
. S. S. F. A. KILBURX
6 P. M. MONDAY, NOV. 13.
122 V Third Street,
l'kones Main 1314. and A 1314.
Li MZ7Wi awgQ ft J I ls