21
THE SUNDAY OREGONIAN, PORTLAND.. JANUARY 6, 1918.
SEED STOCK WANTED
Big Demand for Garnet and
American Wonder Potatoes.
BURBANK TRADE IS SLOW
Slntrmrnt Throughout Country Con
tinue Lijht. Doe Chiefly to Sc.
irre Wnltfr Conditions.
llolnrs btopi la Sections.
Stockton. each: Oi:mir, Portland. Gerber
and Saa Francisco, 1 each.
fhlppsd from California El Paao, S.
Shipped. JkB jarf 3. from Or con New Or
Icans. S; dklud. Sacramento aad Dennl
on. 1 each.
Shipped. January from Washing!
San Francisco. 1.
wtate anav.meot rentlnoes light da
tarrv'y to the uuullj sever weather
reaction la om of th prise I pa I produc
ing Mtwu car imtuin la. ether ad
KKHtlM market conditions generally
throughout the country.
WOOL MTCATIO.V 19 NOT CHANGED
Boataa A art lea Leevse Fries at Sam Baaia
aa Heretofore.
Th. fssture of tb week la lha wool trad.
vm lbs auction sxl of Australian wool at
Boston. According to tba wire received by
local wootmea. Iba bidding waa strong and
ft-. best combine sold at $10LO5 In
tba grease, with 11.90 about tb cleaa
average.
Wool traders hers do nat think tha gea
era! situation haa been changed la any war
br the prices established cm the Australians,
ftrurMir ih.tr spinning values. Tbcsa ara
U u &o p.r cnl shrinking woo. a
A moderate amount af businree la belag
dona at lb !era! warehouse and It la un
derstood tba prices arc on about tha same
i.v.l aa previous sale
DEMAND FOB ECGH EQCAU RECEIPTS
lUdartloai af terse Mark Aid la ITold
ta Market Steady.
Tha egg market cloaed steady with 43
ceata, caaa eoent. the fain price. Ita-,
ralpt have Increased somewhat la the paat
wee, but ara not too heavy for tha demand.
The shrinkage la storage stock, aa showa
APPLE STOCKS LESS
Storage Holdings in Northwest
Slightly Under 'Ye'ar Ago.
SUPPLY IN SOUTH LARGER
I'jrg Surplus lias Bern Sharply Re
d need Only About 20,000
Cases Available at Last Ke
port FIh Stock Smaller.
Loral:? choir Rorbeaka arc betas besght I in aaother column, u suffleleat ta bold th
lha present rata of pro
wl th country
tnark.t area at
ductton.
Hotter eraa unchanged.
Cr.Am.rr offerings limited. ,
The recent advance la dressed pork Co aid
eat be main'-atned. Th beat price obtain
able yesterday waa 1 ceata. aad aome
Veal eooUaaed
'a wagoa load, track etda at around ft.
whrie fancy stock la brio (In from tlJOS)
1 IX. sacked per hundredweight, with a fe
irr ale-t stock a little hlfher. There haa
boon na Increased demand for aead etock
from venous localities, sa that Caret are
Iriartl 1 1 .30 and Amertcaa Wondare $1.23 I bora had ta be carried er.
. tlU anaenrr $123. aarkrd per hundred-I In rood demand.
weight ta waroo leads, track etda. Th local I Poultry cleaned at unchanged prteaa.
wholoeal market cemlnuea aulec with
practically a chant la price from laat COXSCMPTIOX OF APPLES INCREASES
week. Tber la eery tittle demand or move
ment aad 'nest of the sales hat be. a la I Blah Ormags aad Banana Fries Tnra
83111 iota. j i Bayer to Local Fruit.
Tba weekty review af tBa bareaa of I Tt high price preTalllna In erantea aad
markets, leeeied la Portland yeeterday I taaanaa bare Increaeed the conauroptioa of
thrcufk C. ft. Runyan. aaaiatant ta market I appJea, aad a food local movement I z-
aarvey aaya: I pectad from no- aa ant II th beflonlnf of
Th cold ereather haa prmctlcany put a I the rhubarb aeaaon.
atop to boeneea la aoma mi th rrodacln I The orana market continue stronf In
aectlona darlnf the paat week. At Preaqua I th South. Local, consumers ara taking
'el. Me, th temperature haa raaced from I hoid mora freely of larf alzea Japan
11 derreee ta 4 desreoo below aero for
the paat week. Aa a reeutt of tbla kind pf
aroatber. ao eaiva wero recorded at tbla
point. At Craad Rapids. Mich, a shortage
cf cars .has hampered tha movement of
rotate, althosrh th demand baa Irn-
proved aad tha market stranstheeed. The
top price anoted ta thl eoctlea th past
week wa tZ 0? for United State No. 1.
crade ronnd white, saclred per hundred
welcRt. la Wieconala aad apper New Tork
mcea remain th huml while n sale have
ba reported from Moorebead for the
. pa.t week. Aside from locally. Greeley,
I'olo, and Idaho Falls. Idaho, are tha only
eectioaa where th weather conditions have
beea at all favorable for loading-. In these
sections the demand continues I!(ht with
trlce fenerally nochanved. SI belna the
r!:n price at Idaho Falls, while Ilea 1.10
Is bemc paid at Greeley. Carlot potato ablp-
saenls compare:
PMrM This sea- Laet eea-
Inc. -Frvwua sn to eon to
Jan. :t. w k.
rafomla. 1 lii
Iniirtdo . -J..2 Ml
1 Isio I l.M
; :t .v.i
I.". 144
oraafea aad tasfortnes are scarce and hard
to obtain. A car of Florida frapetrult la
due Tuesday.
Sweet potato pticea hava bean advanced
to cen ta. - Receipts from now on are
folnf to be vary Ubu Owiaf to extremely
dry weather In California the site en
celery are runnlnf smaller than usual.
PORTLAND MARKET OCOTATTONS
Grain. Feed. Flour. Ftc
Merchants' Rxchaag. aoon session:
January delivery:
Ota P'.d. Tr. aro.
No 3 white feed. .Sv.OO
fct.ri.r
Standard feed M.Atf 89.00
tandarj A brewlnf ......... ol.uv
au dra Bid.
Oats. No. 3 .'i.oo
baripy. feed ......................... 61. 50
artey. brewing ei.UO
r.atrm oats and corn In bulk
Omia. .No. 2 white
1
Michiran ,
- M nnrcta
:rarara ,
Nehraaaa .
1 Ild .N T. ?1
th.r N. T..
New J.rsry. 1
rreon ... 4
nnyria. 2
I'Bh .... 3
Vah-tnk. 11
Wi.onain-. 17
there It
li
!
71
e,
4i
1
?i
dAte
i.'.'IS
a T I
l.-i2
. lit
3l
I'M
l.e.vi
3.
:.i.
1 1.3'
;!
l.77
rtIA
l.l.vl
T.0-1
.l.6-4-
10.3j
Iee. 34
.".O.K0
ot.;.')
O4.U0
SS. BO
S 0
4.,")
Totals ...I.413 1.451
tProhably lncmplet.
Xut avaltabl.
In New Orleans the demand la reported
aa moderate and the market steady. W la-
con t: a aad Ore Burbanka Jobbed at 10
while Idaho and Minnesota Round
nhite sold at 12.30 03.40 sacked per
hundredweight. In Denver, on the other
aaad. the demacd waa alow and tha market
weak due to the heavy receipts. Greeley
district. White Jobbing at from Sl.UVt.7o.
but mostly at 41.tQ9t.30: while Western
slope. McClnr, sold at S1.S0S1.M sacked
rer hundredweight. In the earlot marketa
Chicago and MlRneapolta were eteady. white
Kansas City was anaettled. In Chicago
car ef Round Whites V. it. No. 1 grade
anld for t2 3i. which waa the top price for
thl variety daring the week. In the same
city Idaho Rural and Ruaaetta sold
b'th as f 1 IS; while Washington Netted
Cams broach t as high as 13.10. sacked par
hundrvdw.tgbt. Som of th shipments
from the Norths. at were reported as
baving been frosted a rout. la Mlnne-
a pells S3J3 waa rwcelved for a car af
Oars. ,1'1b. clipped
ni. No. 3 riloSA.
Corn. No. a mixed.
i:l dayej
t lVtlOats. No. X ......................
S " uata. clipped
3.S I t orn, yeuow
la rtrt! I Corn, tratxrd
MHaAi nun aaais raniaoa tor no, a
grade: Hard white rllueat.tn. Early Bart.
l.n. Ua.gulua. Martin Amber, fJ-US. Soil
hltePa;ouse bluestem. forcyfold. white
Valley, Go.d Colo. V bite Russian. $J.oX
White club Little club. Jenklne club, white
fcybr.ds. bonora. liOL Red VYalia Red
Hu.ataa. red hybrids. Jonas fire. Coppel.
tl.KS. No. 3 grade. 3o loss. No. i grade Do
tees. Other gradre handled by sample.
FLOl R Rattata. lo; v alley, te.oo: whole
wheel. J'ino. kraham. I9.4U.
MILLFKbD Net mill prices, car lots:
Bran.. per ton. shorts. S33 per ton:
midd.ina. fu: mixed cars aud lese than
carloaUa. SOc more; rolled barley. fd0B&4,
rolled oaia 11
CORN Whole. S73: cracked. 7 per ton.
HAT Buying prices, f, o. b. Portland:
Castorn Oregon timothy. 337 per too; Val
ley timothy. l:iO:: alfalfa. SJ3.00: Vai.ey
(rain hay. -'4. clover, atraw, fS,
Cold storage apple holdings m the Pacific
North west on December 15 war 1.5 per
cent smaller than a year before, according
to tha report Just tasued by the Bureau of
Marksta, Th comparative figures follow:
December 13. 1917 950.712 boxes
December IS. lt ..1.000.311 boxes
la tha Southwestern section holdlnga are
Stasis boxes, or 44.4 per cent mora than
a year ago.
For th. entire country, report from 541
storag-es show that their rooma contain 3.
U.7 barrels and S.0J9. 10& ooxea of apples.
The 4J0 atoragea that reported for Decem
ber 15 of thta year and last show a present
stock of 1401.410 barrels and S.77S.BS9 boxes,
as compared with 3.317.830 barrels and .-
193.2ft boxes last year, a decrease of 4.6
per cent In the aareled apples and an 'in
crease of ls.2 per cent In the boxed applet
which la the equivalent of a total Increase
of 77.81 barrels or 2.3 per cent. For the
purpose cf . this comparison. It Is consid
ered that three boxes are equivalent to one
barrel. The SO storagea that reported for
both December J and December 13 showed
a decrease of ll.S per cent In the barreled
applea and an Increase of 4.3 per cent In the
boxed apples, or a total decrease of 0.4 per
cent In the December 1 appl holdings, while
th 8 atoragea reporting tbelr holdlnrs
for b") December 1 and December 15 laet
year iTwed a decree of 9.2 per cent In
the barreled appla holdings and a decrease
of L2 per cent In tha boxed appla hoidincs,
or a total decrease of 7 per cent In the
December 1 holdings. Aa a few storages
have not responded, thla report doea not
Include all holdings.
Cold atorage holdlnrs of egga In the
Northwest on December ia were 25.4 per
cent lighter than oa the same date In 1916.
Th stock on December 15, 1917, was 24.-
cases and op December 15, 1916, 27.451
Total egg holdings In the United
Htatea on th data of th laat report were
l.S per cent greater than a year before.
Blocks of frosea aad cored flan In stor
age In the Western states are reported In
pounds as. follows:
Dee. 13, istt doc. in. 110
TTatlbut i....
Fall salmon
Mild cured salmon.
Silver salmon .....
Othr salmon ....
Smelt, etc
. 4.274. 8B6
. 959.4U5
.2.452.9KS
. 7-J.Mt
. 873.7112
. 856,697
4.879.174
2. 03. 1 .'.9
3.l"').77l
907. 79
1,240. 742
79.676
3.0v I
1.5 V.
Dairy aad Coon try Produce.
BUTTER Cubes, extras. 49c: prims
firsts, 49c Jobbing prices: Prints, extras.
33e&3c; cartons, lo sxtra; butterfac. No. 1.
060 37c delivered.
Ltios oregon reach, current receipts.
45c: readied. 46947c; eelect. 50c per doxea.
Cli Joooers' buying prices, f. e. a.
dock. Portland: Tillamook trip, eta. 23c:
Touag Amertcaa, 34o per pouad: longhorna,
24c. Coos and Curry, f. o. b. Myrtle Point:
Triplets. !)C; foung America. 3Jto per
pound. '
POULTRY liens. 33 S 34c: Fprtngs. 33
esc: ducks. 2" z 2oc; geee. 15(rl7c: tur
Mil. live. 2..027Sc: drsaed. choice. 35c
YFAL Fnncy. IiSolsc per pound.
PORK Fancy. 19019tte per pound.
SMALL TRADE AT CLOSE
ALL 1XXES ARE STEADY AT NORTH
PORTLAND.
Frella mad rgetablrs.
Xcal Jobbing quotations
THlirr,-il Fk I I Ti Or. n ...
tVaahlngton Netted Gems, this being the I J3.3 u 6.JO; lemons, S7S per box: bananas.
top price during the week, la Kaasaa City I 0c pr pound; graperrult. S3tj6..5.
tne demand and movement waa slow with I V UL.ABLha Tomato. a 2t2.5 per
vM. . , .....I..... . I crass, caou.as- jew-ic 4vr pouna: lei
- -" ' ,.yw ii .j . r dozen: Perpera lc Der Bound
rvacnea i..'J. sacs .a per nunared weight. I cauliflower. 23irxo per crate; sprouts.
-Shipmsnt thla week are practically the I loulle per pound: artichokes. S5cyl.lo
iKmm t. w k. , I T pouoo : iiriic, i w o o per pound :
K. r, ,K. V r-l..l 1 . 1 1. 41 '
- , i per crate.
la atupmenta tha past week, with a total of I ACn. VEOETARLFS Carrota. 11.29 per
cars, aa Increase over last week ef 94 sack; beets. I l.M) a !'; turnip. 81.50; pars-
cars or 67 per cent. Alain, while second nipa. H WD1.A
with 231 cars, ahowa a decrease of 121
car or 14 per cent aa compared with last
fcMALL DT-M-iND FOR COARSE GRAINS
Oat Bids Ajw racasuaged aad Barley Is
5 teels Lower.
Th coaree graia market waa da!1 yester
day locally aad at country potota. At
the Exchange. .Northwestern oat bids were
aachaaged at 159. but Eastern oat averaged
asoul 50 ceata higher. Offers for feed
aad brtwing barley were reduced 50 cents.
Yellow corn, was unchanged to 73 cents low
er oa b:J thtfh Friday.
Terminal receipts. In can. wer reported
ay the Merchants Exchange as follows:
Portland. Saturday. ...... 7 1 i
Tar ago 2o 3 3 21
Total this week.... 14 1 3 23 1 6 51
liar ago 110 10 24 f'J 1J1
t-lWD to date 3.-l 175 55 773 1171
lear mt- Jul 1.U 1J 1413 154
Ta'oma. Frtdsy.... s 1 ...
Var ago 4' .
Season to date. ... .IT'I 6 ... 175 1130
War aco 4i- 107 ... 1a
teat' e. Friday... 3
V'tr ap 1 4 1 11
t-...n to date J;72 16 97 2114
learago 3.VV5 347 9i 934 244
ItOCR AND rtEJJ MARGIN'S WATCHED
leoel AdmlnJstralloei Will Inerstlgat Prices
Above Car-Lot scbedalei.
The following bulletin haa been lamed by
T. B- Wilcox, chairman of the North Pacific,
milling division ef the United State Food
Administration:
-We are requested to compile Information
g.vtag the customary margin above earlot
prcea for Tour aad feed sold at th mill
Boor la case the mills have retailed or
JobtWd la 'his way. That la. we are desirous
mt kxewtag ta amount that the in 11 Is usual,
tr cHarr for small lota ef floor sold at thslr
er.l'.l Kindly advtae this offlc by th
earlieet null, giving us yur past experience
It 'a respect. Please make your reply the
-itSct of a special letter, giving as th
carload price at your mill, the customary
aarice for leas tfiaa carloads and the price ef
"we ar two. sacks retailed at th mill. ia
t Aurtng your price pleas give us the fig.
aies aa tne beats of flour bulk at the BUU.
Destine-least, ef Potato Shipment.
Lateet -petars shipments from th Coast
are reported, by the Bureau of Market as
lilloea: -
Sblppsd from Washington eksttle. S:
Portland. Denver. Reading aad Caigary, 1
acb.
Shipped froea California Rail: Lo Aa
esss. 4: F irt. WortX . Red Bluff, t: Ban
J sa Sa Fraactsco, Dayton. Tucson. 1
each Beat: 31 various.
Snipped - (rem Oregon Lo A age law aad
rulAInts ortim. 11.2561-50 per hun
dred, lakima. SLiUtaL5, sweet potato..
5c per pouod.
ON ION t -Oregon. Buying pile, IL73 per
hunureo.
l.ktX FRUlTit Apples. SI 0335: p. ara.
ll: grapea 8Sc per pound; cranberries.
Eastern, fl per barreL
Staple GrBcerlea.
Local Jobbing quotatloaa:
sl'iiAR Mack bast: Fruit aad berrr.
fi.10: beet. - 10; extra C, 7 70; powdered,
in barreis. Sia.e'l. cubes, la barrels. 59.a5.
6Ai.MON COiUmbla River, 1-pouod talla
13.2s per dosen; one-half f.ats, i; 1-pouad
Lata. 3.50.
N IT a walnuts. 71c: Braxn nuts. Isa2ie:
fllbsrts. 22tti.c; almonds. 19voc: peanuts.
loo lie: cocoanuta 41.10 per dosen; pecan.
17S19c: chestnut, 2oc.
UtANs California Jobbing price: Smalt.
MSc. bayou. 11c; p.na. lOStC; Oregon,
bean, buyinf prices: White. 8i9c; cotored,
ia
Cor'FKr Roasted. In drums, 1725c
SALT tjranulated. $10.75 per tua: half,
ground, lovs. Hi per loo; 50s. $16 per loo.
dairy. $la.75 per ion.
RICE Southern head. 9C9SC per pound;
blue roae. sc. Japaneae style. 7se7c
DRIED FKLlTs App.ea. 13c. peaches.
llil-'c: prunes. Italian. llei13e; raiarna.
$5c0$J per box: dates, fard. t.50a p.r
box. curraats, 19c; figs. $.'0.30 per box.
Provisions.
HAMS All t ie, choice. 33e; standard.
32c: sklBOea. g.tvc; picnics, uc; cot
tags roi.s. 2c
UARD Tierce basts, standard, pur. 28c
compound. 24Sc
DiCuN Fancy. 46tJ4lc; Standard. 41 0
43c: choice, we'ic
DRY SALT abort clear back. 50 O 34o;
export. alfc4c; plates. 262c
, Hide and Felta.
T7TOES Salted hide. 23 lb and up. l.v-
salted stags, 30 lb, axid up, 12c; aaltcd and
green kip. 15 to 24 lb.. 15c; Bailed and
green ceif. 10 to 13 Iba. 21c; green hides.
3 iba and up. i-c green aiaga. 00 I Da. and
ua. 10c: dry flint hides, 26c; dry flint ca.f.
up to 7 lbs., -.-r; dry salt bides. 31c: dry
horse hides. $"-ii0150. sailed horse hides.
PELTS Dry long wool pelts. 3Sc; dry
short wool pelts, 20c; elted pelts. January
taaeoff. iJooASO
Six Load of Eastern Sbeep Pass
Through El Itoute to Sound.
Cattle Receipt Llsht.
The livestock market waa very quiet at
the.Jclose of the week, with no Indications
of price changes In any department. Among
the receipt were six cars of Nebraska ebep,
which are going through to th bound. The
tone of at he bog market was reported as
steady to firm at the slightly better prices
that were established in the latter part
of th week, flood cattlo wer firm. The
only sales during the day were two. 175
pound hogs at 14 cent and three 990-pound
cows at cents.
Receipts were 73 cattle, 1 calf, 953 hogs
and 1877 sheep. Shippers were:
with --hogs M. Smeed. Rwan laland. 109
head by boat: M. M. Hoctor, Goldendale. 1
toad: E. Hubbard. Dollner. Idaho. 1 load;
Roilan A Hon. gunnystfle. Wash.. 1 load.
With sheep Union Meat Company, Lyle.
3 loads; Coffla Brothers, Crawford, Neb.. 6
losds.
With mixed loads M. M. Hoctor, Golden-
dale. 1 load cattle, calve and hogs; Robert
McCrow, 3 load cattl and bogs; Fry A
Co.. Urangevllle, Idaho, 1 load cattle and
hogs: C. K. Lucke. Canby, 1 load cati.a.
bogs and sheep,
wuotatlons at the yards follow:
Cattle Price.
Medium to choice steers. ...... .$ 9.7.W 10.50
Good to medium steers 8.7-'. 9.65
Common to good steer 7. 2.',i S 40
Choice cows and heifer 7.or 7"
Com. to good cows and heifers.. 5.7.11
Tanner ........a..
nuiis J
Calve
Storkers aad feeder ..........
Hogs
Prime light
1'rtm heavy
Pica
tiheep
Western lamb
Valley lambs
Yesrlings
Wethers
Ewes
froxen solid snd the xero weather we have
had her in New York resulted in th freex-
itig of all locally slaughtered meat while It
ia oeing aeiiverea auuuL wn. riu "
ter pipes and gas meters have made It hard
to serve rneata in many parts of the city.
Thin, of course, hurts all retatl trade and
result In an accumulation of storage In
wholesale coolers.
Philadelphia Extremely cold weather has
eauned considerable trouble this seen, i-ars
have been delayed longer, one car being
on the road for 22 days, had to be retn
apected befoi selling. All houses r short
of labor and this, together with the cold
westher. has resulted In their being unable
lo make deliveries. The consequence la that
all storage rails are loaded.
m Tl'aahlnston The cold and snowy weather,
a holiday and fairly liberal receipts of meat
sauced another very slow and drsggy week
with th exception of pork, which is in 1
Utile betaer demand.
Market Closing.
Boston On account of the frozen eondl
Hon of beef arriving very little effort Is
being mad to cleaa up. Several lots 01
mdlum grade steers and some cow hav
gone to th freezer. A few delayed carp 01
lamb will be carried over. All vUible up
plles of pork ar cleaned up with aeveral
late cars not reported In. Veal I moving
"very slowly with a neavy carry-over.
New Tork Aslds from the extremely cold
weather and the difficulty In gett'ng the
cars placed the situation today ia little dif
ferent from that of a week ago. On ac
count of the unsettled, cetiditlon no one la
making any great effort to clean up and 11
looks aa if moat house wo Id hav som
carry-over of all kinds of meat. Ther
seems to be no danicer of either a shortage
or an over supply that would affect thla
market to any appreciable extent.
Philadelphia Tb market i ejoslnf tn
an unsettled condition. Supply of beef will
not be cleaned op. some house not trylrfg
because of Impossibility to make deliveries.
Forequarter have been draggy. It I, gen.
erally believed that du to shortage of coal
th public Is not buying roast and stew
so readily. Between 1000 and 1500 lamb
are being froxen and beside a large num
h.r m rm hulni carried over In coolers. About
500 mutton are being froxen and there Is
also a carry-over In some cooler Veal and
pork are practically all cleaned up. About
20 to 23 cars due on thla week's market
have not arrived.
Washington Several car on tha track
will be held over for next week'a business.
Storage rails are full. Beef. Iamb and west
ern dressed veal will not clean up. Pork,
mutton and local dressed veal are practi
cally all Bold.
Omaha Livestock Market,
OMAHA; Jan. 3. Hogs Receipts. T700;
market, 5c to 10c lower. Heavy, $16-10W
18.45; mixed, $16 206' 16.35; light. $16.00ij,
16.40: pigs, $10. 00 (,16.00; bulk of sales,
Iia.20ai6.i5.
Cattle Receipts. 800; market iteady. Na
tive steers. .9.00413.00; cows snd heifers,
$7,00111.50; Western steers, $8.00611.75;
Tune steers. 37.00 10.00: cow and heifers.
6.5019.25: csnners. 5 506.50: stockers
and feeder, $6.50i11.00; calves. $9.00
13.00: bulls, stags, etc $6.50S10.50.
gherp Receipts. 300; msrket steady,
rearllngs. $11. 50r 13.75; wethers. $U.00
12.75; ewes, $10.00 011.65; lambs, $15,750
16.75.
STOCKS SELL LOIR
Reaction Wipes Out Mid-WeeK
Gains in Wall Street.
LOSSES OF 2 TO 7 POINJS
Peace Rumors Help Along Down
ward Movement, Which. Spreads
to Every Part of List Rail
way Bonds Under Pressure,
NEW YORK. Jan. 3. Reactions of 2 to
4 points ia favorite stock and S to
points In special Issues during today's brief
but verv active aeaslon wined out much. If
not all. of th mid-week's, gain and left
tn general list otu dot iiuai quota
tions of last year.
Tha senilis resulted m targe pin imm
peace rumors. These gained tore trom
Turkey' reported overture to Russia and
the highly significant speech of the Brit
ish Premier, of which Wall street had only
sn Inkling before the market closed.
Losses in steels ranged from 2 to 6 points.
In -coppers 1ft to 2W. equipments 2 to 3,
with 7 for Pullman, in ahipping an average
of 2 points, and aa much for motors and
accessories and 2 to S in oils and tobaccos.
Pacifies, grangers, coaler and Eastern
rails flrured more or lass equally In the
heaviness of transportations. .Leaders made
little recovers, the market closing near low
est levela. Sale amounted to 440.000 shares.
Aside from an actual decrease of $ox.-
000.000 In reserves, the weekly bank s la la
ment disclosed no marked changes In local
monetary 'condition.- .
Bonds were under pressure, especially
minor rail. Liberty 4s changed hands at
;.tj.l2 to 96.80 and the 3tts at'tyS.SO to
$Uo.78. Total sales, bonds, par value, ag
gregated $2,175,000. United State bonds
(old issues) were unchanged on, call during
the week.
CLOSING STOCK QUOTATIONS. , '
Closing
Sales. High.
Chicago Livestock Market.
CHICAGO. Jan. 5. Receipts. 20,000; mtr-
ket unsettled. Bo under yesteraav-s average.
bulk of sales, $16.1 1B...0. i.lgnt, sia.oo'gi
l.3.-;, mixed, $15..Va 16 50: heavy, $13.85 'ol
16. -.r,: rouKh, $15.80 16.05; pigs, $12.00'u
15 2fi.
Cattle Receipts. 4000; markei weak. Na
,iv. .t.r 17 AO A 13.50: stockers and feed
era. $6.6010.40: cows and heifers, $5.d03Ji
11.40: calves. $S.50W m.ou.
Kh..n RrcelDt. SOOO: - market steady.
Wethers, $9.30 13.20: lambs. $13.2517.10.
Balances.
$ 426.5.11
1,431. .VM
65.S05
562.564
8.001 5.50
4.50 7.0
7.00 1 10 00
6.00 S.00
15.5011 60
15.60 15.il
13.50 if 14.5
13.00'1S.S0
12 Mt 1 t.lKi
12.00 f 12.50
11.75ft 12 2
8.00 V 10.00
Bank Clearings.
Bank clearings of the Northwestern eltle
yesterday were as follows:
Clearings.
Portland $2,624,716
Seattle ,n3.l7
Tacoma 3o4.if52
Snokane 1.3.1.317
R,nk i .ar nr. Af r'ortiana. c-eaitie anu
Tacoma for the past week and corresponding
week in former years were:
Portland. Seattle. Tacoma.
1ie S16.MS1.459 S23.7S8.S47 $3.513,4
11.17 11.812.794 15.745.2.15 Z.H.5..15
11.S75.012 13.5-Si.676 2.0. 1. 66
1IH5 11.075.SSS 12.2.".7.377 2.4S6.023
11114 11.3U"J2a I2.::0.4.'.9 2,275,456
1!IU 13.215.204 12.201. 1!2 3.521.318
1M12 10.5'.'3.72O 10.M-1.21O 4.210.2O0
1HU 11,56.5:U 11.2i:i.33 4,31'J.322
11110 10,463.879 12.3K3.940 4.8j2.80l
It.OII 7.001,017 9.250.6HS 4.556,850
1S...S 5,418,9110 7.38.647 S.7S2.5..7
1H07 6.513.74 8.&MS.2SS 4.611.2M
1906 4.9K1.32A 7.914.077 3.743.524
Itfoi 4.079.3O1 4.907.bl 3,043.333
DESTINATIONS Of STOCK LOADKD
Shipment Ra Root to Leading IJvestock
star acta of Country.
Destination of livestock loaded ' January 4.
(Carloads reported west of Allegheny Moun
tains; double aecKs counted as two cars.
Reported by Lha .bureau of atarketa. North
Portland.
Bap. Wool,. Etc
BOPS 1217 crop. lbO-iTe per pound; 191s
crop, aotxuaei.
WOOL, s-astam vnioa, ovtyouc Per
pound: Valley. 30 55c per pouad; Valley
Umo.JSeSoc
MOHAIR Long atspt. fall year, S0e: f
months. 403Oe; curry. S5y40c
CASCARA BARIC New and old. St 09
per pounl. '
TalXOV No. L lc per peandi No. j.
13 per pound.
Oils.
GASOLINE Bu.a. S0e: eases. 29c.
aspthv drama, 19c; cases. 2Sc: aaains
dostliiat. druma 1 0 c : ess. 10c
L1N6EED OIL, Raw. barrels. $LS4: cases.
$144. bol.d. barrs:. $1.36. caaa. $1.46.
Illu'i.iiK aa laaas. c, ia casta.
Ties
Aostln. Minn.
ftaltlmore. aid. ...
Boston. Mans. ....
Buffalo. N. Y
Cedar Rapids. Ia
Chicago. Ill
Cincinnati. 0....
Cleveland, o......
Cudahy, Wis.
Ienver, Colo
Detroit. Mich
Kaet St. Iouls. 11L
Fort Worth. Tex..
Indianapolis, lad..
Jersey City. N. J.
Ksnsss city. ato..
ncaster. IX . ..
Los Angeles. CaX.
Loulaviile. Ky. ....
Mason City, Ia....
Milwaukee. Wis...
Nebraska City . . .
New Haven. Conn.
New York. N. Y...
Ogden, Utah .....
Oklahoma City....
Omaha. Neb
Ottumwa, XtL
Hltteburg. Pa.
Portland. Or
Richmond. Vi.,.H
St. Joseph. Ma...
.t PauL Minn....
San Francisco, Cai.
Seattle. Wash
Sioux City. Ia. ...
Sioux Falls, S. D..
Spokane Wash....
Tacoma, W'ash.....
Wienlla. Kan
Worcester, Mass...
arlous
. Totals 1134
7n week sgo 943
Four weeks ago...l&ln
Cattle. Horses. Mvd
Calves Horn Sh'p Mule t'k
... 36 ... ... ...
""i 6 '."
73 16 4 2 14
19 ... 1 ...
185 203 26 11 15
7 17 1
17 1 ... 7
S 53 ... ... ...
17 2 ... 1 ...
6 g...
24 10 12 23 6
26 10 2 4 3
10 53 ... 1 12
41 8
137 87 7 14
1
....
S 1
"i ;n "s
'si io
"is . is !" "i
88 116 27 1 17
7 26 1
27 25 ... ..." 19
S 5 5
5 6 ... 1 1
17 45 2 ... 10
87 91 1 61
26 $ ... ... ...
3 1
87 109 ... 3 3
2 6 "i
'"i "'. "i
9 4 .. . 3 2
241 137 67 9$ 10
Stste origins of livestock loaded Janu
ary :
Cattle.
Horse.Mxd
Calvea Hogs Sh'p Mules St k
For Portland-
Idaho
Oregon W. 1 3 ...
Washington 4 2 ...
Totals Portland.. 5 , , 6 ...
One week ago.... ... - 5 ...
Four weeks ago... 13 3 ...
For Seattle
Oregon ........... S 1 ...
Totals Seattle... S 1 ...
One week ago 14 S 12
Four weeks ago. . . 2
F astern Meat Trad Conditions.
Weekly report of meat trade conditions
for week ending January 4, general market
conditions:
Boston Th extreme cold weather during
the past 10 days ha had a depresalng ef
fect on tba market. All cars of dressed
meat ara coming in a froxen condition and
vea after being unloaded it ia hard to get
the care a aa as sufficiently thawed out to
cut up.
New xorx me extreme eoia weather aad
freight delay have caused much talk and
Inconvenience Practically all the meat re
ceived her (or a wee a r u aaj a has bsea
8 agar Will Advance tn Refineries.
Th food) administration has authorized all
sugar refiners to advance their pricea 10
cents a hundred on January 7. The new
basis at all seafioard refinery centers will be
$7.45. The advance will not take effect in
the Portland market for some time, as the
local Jobbers are Just catching up with the
previous 10-cent advance. The sugar they
have' on hand musL be sold on Lho basis of
its cost price
SAN FRANCISCO PRODUCE MARKET
Price Current on Eggs, Vegetables, Fresh
Fruit, Etc. at Bay City. .
SAN FRANCISCO, Jan. 8. Butter
Extras, solid packed cubes, 51 o 53c;
prime firsts, &0r51c; one-pound square,
a-rapped, 53Hc; one-pound square cartons.
5556c; two-pound square, wrapped, 54c;
two-pound ' square cartons, 54i55Hc;
prime firsts, two-pound squares, wrapped.
51c; one-pound aquare, wrapped, 51c
Kggn Fresh extra. 62c; fresh extra pul
lets, 55c
Cheese New firsts not quoted. Young
Americas, California. 27 hie
Poultry Hens, 25926c; roosters, 16917c;
fryers. 27r29c: broilers, 30&35c; squab.
$2.503.50; pigeons. $1.50 1.75; geese, 18
la 20c; turkeys, hens, 32y34c
Vegetable Squash, cream, $191.15; rhu
bard, SI;- eggplant, 7fjc; peppers, bell.
Stj'lOc; chile, 4 6 5c; peas, 6 47 8c; tomatoes,
1.25L50; lettuce. $1.25 to 1.50; celery.
S2.25Q2-75: potatoes, Salinas, $2.50&2.75;
sweet, $3.75, onions, Australian brown,
$2.25; garlic, 8S'4c; cucumbers, $2 ft 2.25;
beans, string, 12 s & 15c; . lima, lOUlc;
tumpklna, $1; carrots, $1; beets, $150; tur
nips. 73cti$1.25: rhunarb, $L50tj2.
Fruit Grapes, Cornlcbon, $1.2591.50;
pears. Winter Nellls, $191.50; casaoaa, T5e
aj 1.50; strawberries, 6e'9c; lemons, $6ty j
6 50; persimmons. 75cty$1.75; grapefruit.
(2.7503: oranges, navels. $4.50id.2O: tan
serines, $1.50r3.25; bananas, Hawaiian St
loc: pineapples Hawaiian 0417c: ap
pies. Bellefleur, $1&1.25; Newtown Pippins,
5ocf$1.10; olives, 9J12c; pomegranates.
41. 50 U 2.
Hay Wheat and wheat and oat. $26028
tame oat. (26iT2i.oO; barley, $2426;
taifa, $24027; barley straw, 60090c bale.
Millfeed Cracked corn ana feed corn
meal. $86i87; alfalfa meal, carload. $32
cocoanul meal. $44.50.
Flour $10.SO per. barreu
Receipts Flour, 7263 quarters; barley.
14.760 centals; beans, 1173 sacks; potatoes,
6'.)6o sacks; hay, 210 tons; hides, 1070; Wine,
17,450 gallon.
Coffee Fa to res Continue to Advance
NEW YORJC Jan. 0. There was fur
ther advance In the market for coffee fu
tures today. Prices opened unchanged to
3 points lower under scattered realizing,
but comparatively small oiienng were
readily absorbed by brokers with Wall street
and foreign connection, and May soon sold
up to 8.70c, while September touched 9.02c
or about 12 to 14 points net .llgher. Con
tinued discussion of peace prospects, th
uncertainties of importation and the firm
ton of the spot - market were factor in
the advance. Reactions roilowed under
real I ring, with the close showing a net gain
of 2 to 6 points. January. S.25c; March,
8.45c; May. a bic: juiy, o. l ie; September,
8.H3c: October, 9.03c: December, 9.13c:
Snot colfee. firm , Klo .a, btc: Santos 4s.
10iac. -No fresh orders were reported in the
cost and freight market.
The official cables snowed- no change In
the Rio market. Santo spots were 50 ret
nd futures 25 to 100- rels hlK.ier. Rio
cleared 17,000 bags and Santos 29.000 bags
for New York. ; .Brazilian port receipt,
53.000.
Am Beet Sugar..
Am Can ..
Am Car A Fdry. .
Am Locomotive.
Am Sm A Refg..
Am Sugar Refg..
Am Tel A Tel...
Am Z L A S. ....
Anaconda Cop . ..
Atchison
AG&WISSL.
Bait A Ohio.....
B ec S Copper. . ..
Cai Petroleum. ..
Canadian Pacif ..
Central Leather.
Clles at Ohio
Chi Mil A St,P. ..
Chi A N W
C R I A P ctfs. ..
Chino Copper. . .
Colo Fu & Iron..
Corn Prod Refg..
Crucible Steel. ..
Cuba Cane Sug..
Dist Securltiea. .
Erie
General Elect. . .
General Motors..
Gt North pfd. . . .
Gt Nor Ore ctfs..
Illinois Central.,
inspiration Cop..
int M M pfd
Int Nickel
Int Paper
K C Southern...
Kennecott Cop.
Louis A Nash. . .
Maxwell Motors.
Mexican Petrol..
Miami Copper. . .
Missouri Pacific.
Montana Power.
Nevada Copper..
New York Cent..
N Y N H A H
Norfolk A West.
Northern Pacif.
Pacific Mail. ...
Pennsylvania... .
Pittsburg Coal. .
Ray Consol Cop..
Reading
Rep Ir & Steel. ..
Shatt Ariz Cop. .
Southern Pacific
Southern Ry. ...
Studebaker Cor..
Texas Company.
Union Pacific
a S Ind Alcohol.
500
. 5,000
3,800
2,300
3.4U0
"lsoo
300
10.500
1.00Q
1,000
2.800
700
800
74
39 it
71
661
. 78
ioivi
lVi
62
t6tt
W
64
lVs
13
70a- 136
8.200 ti'ii.
3.400
1,700 .
," V',000
""eoo
3,900
10.800
3.7O0
1.2O0
3.5O0
1,700
5,300
1.000
1,000
V.900
18,800
1,600
UOO
44
"si
86 li
32, .
55 1
30
3414
161,
132 Vi
11514
90
26
47it
85 4
27
1,700 32
400
4,200
800
LS00
200
300
4,400
1.000
1.100
1,300
26
SI
30
23
71
1SH
71
31
10
86
Low.
70 V
37ft
' 69
- Bo.
76ft
100
14 ft
60 ft
85 ft
97
&3ft
18
13 .
135
63 .
52
45 ft
"19
"S5 ft
30
52 ft
29 ft
83
16
131
112
89 ft
26ft
'is
83
27
.2:
"si
'."26"
: 79
"29 ?
22
69 ft
18ft 70 ft
SOft
103 ft
84
2.600 45 45
4,600 23
30,200 75
9,300
400
4,200
2,700
7,900
2.500
11.500
4.400
U S Steel. .'.
elo pfd ,
Htah Copper. . .
Wabash pfd B.
Western Union.
Westing Sleet. .
.16S.000
1.S00
5,700
800
17
84 ft
23
50
142
115
116 ft
94
109
80
4,500 41ft
22
73ft
76
16
83
23
48ft
137 ft
113
114
92
108
79 ft
21
39
Total sales for the day, 540,000 shares.
bid.
70 ft
37
69
55 ft
76ft
97
101
14
60
85
97
53ft
. 18ft
12 ft
135
63
53
"45
94
19
42
35
81ft
62ft
29
S3 ft
16
130
113ft
89
26
94
45 ft
83
: 28
, ;26ft
i
3k
112 .
28
79'
29
22ft
67 ft
. 18ft
70 ft
30
103
84
22 ft
45
44
22
73
76 ft
16
83
23
4S
137
114 ft
114 ft
2ft
lOSft
79
21ft
87
B9
. Ask for January List
Municipal Bonds
, To yield 5 to 6 "
, Exempt from all Income Tax
Lumbermens Trust Company
Fifth
Stark
and the announcement of Governmental
control of the country's transportation sys
tems, noteworthy and unprecedeuted fea-
turea. ' The record of 1917, In fact, is main
ly on of adjustments to new and extra
ordinary conditions, and the element of
taxation and the vast monetary requiro-
menta of the period were reflected In
pronounced decline In quotationa of all
classes of securities.
Further substantial reduction in the
country's business mortality ia indicated by
preliminary statistics of commercial fall
urea during 1917, tha number of defaulta
In the past year, as reported to rl. l. Dun
A Co., being estimated kt 13,847. against
16.993 In 1916. while liabilities of $180,750..
038 compared with - $196,212,256 in tha
earlier period. Without exception, each
quarter of 191T disclosed fewer Insolvencies
than tn mis, and only in tn mira quarter
was tn indebtedness larger than in the
previous year.
The following statisucai recora is given:
Bank clearing
1917 $S02.00,000.000
1916 ' 858,675,000,000
'Railroad earnings
1917
1916
Grain crop (value)
1917
1916
Merchandise. Exp., 11 mo.
1917
1916
Merchandise, Imp. 11 mo.
1917
1916
Excess Exp. 11 mo.
1917
1918
Net Gold Imp., mo. .
1917
1916
Commercial Default
1917
1919
Bond Sale (par value)
1917
1916
3.350,700,000
2,991,500,000
6,788.000,000
4.190.000,000
5.637,000.000
4.939,000,000
2.725,000,000
2.187,000,000
2.912,000,000
2.772,000,000
168,000,000
899.600,000
180.750,000
196,200.000
1.024,900,000
1,126.400,000
COR
E
Traders Believe Crop . Move
ment About to Increase.
TONE AT CLOSE UNSETTLED
Substantial Betterment of Railroad
Traffic Conditions Is Reported In
Middle West Embargo Ru
mors' Check Oats Advance. -
Bid.
Bonds.
V S ref 2s res. '96ft M P 4s
U S ref 2s cou. 98ft!v P 3s
U 8 8s reg.... 9 PacT&T5s...
U S Ss cou.... 99 Pen con 4s...
U S 4s reg 104 U P ref 4s
U S 4s oou....104 U S Steel 5s...
Atch gen 4s... 83 IS P cv Ss
D & R O ref 5s 49,Anglo Fnch 6s..
N Y Cen deb 6s 93ftiU S Lib 3s..
Bid. TOirerea.
Boston Mining Stock.
BOSTON. Jan. 6. Closing quotations:
84
60
81
99
88
99
88
88 ft
98.78
a.llouex
Arlx Com
Cai A Hec
Centennial ....
Cop Rue C. Co.
K iu cop iino
Franklin
3ranby Cons...
Lake Cop ..w.
uohawk
50 North Butte.... 14
11 pid Bom 43
445 Osceola 59
13 2ulncy 70
45t5hannon ...... .5
. yi puiicrivr .......
4ft Sup A Boston.. 3
75 Ijtah Cons 11
6 Winona 1
62tVolverine 34
Stock Sale (shares)
1917 .
1916
Pig Iron Output (tons)
1917
1916
Unfilled Steel Tonnage
1917
1916 ,
Operating revenue 10 months,
t Estimated,
186,800,000
238,300,000
t3S, 650.000
39,435,000
8,897.100
11,068,600
STJEFLCS IN FEDERAL RESERVE BANKS
Six Institution Have Aggregate on Hand
of $1,134,000.
WASHINGTON, Jan. 5. Aggregate sur
plus of $1,134,000 held by Federal reserve
banks at Boston, New York. Chicago,
Atlanta, Richmond and Minneapolis, was
shown for the first time tonight in the
Federal reserve board weekly summary.
similar amount has been paid into the
Treasury representing the other half
excess profits. The bank's condition at the
close of business last night was as fol
lows:
Resources
Gold coin and certificate in
vaults . .- $ 480,072,000
Gold settlement fund F. R.
Board '.
Gold with foreign agencies . . . .
338,687,000
52,500.000
Total gofd held In banks $ 871,259,000
Gold with F. R. agents 71'7,1'.u,oipu
Gold redemption fund 19,270,000
Total gold reserves $1,687,720,000
Legal tender notes, silver, etc.. 45,310,000
Total reserves $1,733,030,000
Bills discounted for members
and i R. banks bjo.bi.i.owo
Bills bought in open market... 271,338,000
Total bills on hand ...$ 897,151.000
TTnitoH RtntAfi livprnmdllt lonar-
term securlt es oi.ltw,uuu
United States Government short-
term securities w-,v.3,uvu
All other earning assets 0,101.000
Total earning assets $1,045,543,000
Due from other F. R. banks net 45,244.000
Uncollected items 302,007, OoO
T" ..1. 1 HttHnctlon fmm frrORS
H.noslts 347.251,000
Five per cent redemption fund
against r. rl. baax notes.... uoA''
All other resources ooi.uoo
Total resources.. .....
Liabilities
Capital paid In.. .......
Surplus
Government deposits...
Due. to. members...
account
Collection items...
..$3,126,898,000
. .S 70.825.000
1.134,000
. . 131,000,000
1.449,230.000
192,649,000
Other deposits including foreign
government Creoles
20,594.000
Total gross deposits $1,793,479,000
Federal Reserve notes In
ct,.l circulation 1.251,205.000
Federal Reserve Bank notes In
-.Ir-colstlon net liability 8,000.000
ill orhor liabilities 2,205.000
Change In Trading Bole Considered.
CHICAGO. Jan. S.-Presldent Griffin.
holding that the roles- governing trading
In corn are anomalous, today called a spe
clal meeting of the directors of the Chicago
Board of Trade. Tner is a maximum price
of $1.23 fixed by tha Board for corn fu
tures. As ordinary graaes ot spot corn are
selling about 40 cents higher than that,
trading in futures ,htts been almost elimi
nated. President Griffin announced that
he would suggest a plan better fitted to
present condition Farmers, he said, are
rbltterl opposed to present practices.
, '" ',N"avJ Store.
SAVANNAH. G Jkn. 5. Turpentine
firm. 43c: sales, 182 barrels; receipts, 10
barrels; shipments, 109 barrels; stock. 26.-
900 bsrrela .
Roain firm: sales, 1086 barrels: receipts.
793 barrels: snipments, hjo osrrelsft stock.
S7 282 barrels- Quote: B. D. E. r . O. H. I.
$610: K. $8.80; at. $7; N. $7.2037X5; WG,
$7.40 7.45; WW, $7.50S)7.65.
Dnluth Unseed Market.
DCX.UTH. Jan. 3. Linseed. $3-52t4 0
8 64ft: January. $3 32ft; May. $3 45 ft bid;
July, $3.37 hid; October, $3.30, nominal.
Money, Exchange, Etc
NEW YORK, Jan. 5. Mercantile paper,
.Hi 4i5 ner cent.
Sterling 60-day bllla, $4.71; commercial
60-day bill on banks. $4.71; commercial
60-day bills. $4. 70ft; demand, $4.75; ca
bles. $4.76 416. Franca, demand 5.73ft. ca
bles 5.71ft; guilders, demand 43, cables 43ft
lirce, demand 8.43, cable 8.41; rubles, de
mand 12. cables 13.
Bar silver. 90ftc
Mexican dollars. 73c
Government bonds, steady; railroad bonds,
heavy.
IsONDON'. Jan. B. Bar silver, 45d per
ounce. Diecount rate. Short- bills, 3 31-32
per cent
cent. .
' three months' bills, 4 1-32 per
BUSINESS ON WAR BASIS
PAST YEAR OJTE OF ADJXTSXJTENT
TO NEW CONDITION'S.
Notable Economic Achievements of 1016
In Slauy Way Excelled! Rec
ord Foreign Trade.
Th- annual trade summary of Dun's Re
view says:
With this Nation's participation in tne
war, highly Interesting and significant' de
velopments featured the business situation
during the- year Just ended, and even the
notable economic achievements of 1916 wer
in many ways excelled. Not only was the
combined value of overseas commerce
greater than In any other year, and the
excess of merchandise exports over imports
unexampled, nut mis country s position ot
international financial supremacy waa
further strengthened, and Federal and for
eign borrowings here surpassed anything
ever before witnessed, witn tne enormous
expenditure's for war materials and the ex
tensive aemanaa m regular ' ccanneis,
together with the extreme prices of com
modities, bank clearings reached unparal
leled figures, and the magnitude of railroad
traffic was illustrated by the heaviest
gross revenues ever reported.
Another year of great activity and HQ
equaled earnings has been experienced by
the leading manufacturing industries, and
not only have long-established branches
sull further" Improved and extended their
facilities, but many new concerns have- also
started. Yet, even with tha increased ca
pacity available, tne producing forces of the
country, being hampered in various ways.
were not aiwaya in a position to cope With
the pressure of orders, and many profitable
contract were of . necessity held in abey
Wherever tn occasion required It, all
other business waa subordinated to th
needs of this Government and the Allies,
and . during th second half of tb year th
war exerted a steadily widening Influence
with to refuiatsoa of commodity pries.
Total liabilities $3,120,898,000
t . ; Af svih Murwit to net deposit for
u" vJl - -;- -,-$,1.1 .:mKir.H
Federal .Keserve novo jjauiiiw w",u"'
12.5 per cent.
Tni. tAtai maertp to net deposit and
A la tits wl ,wa, - -
Federal Reserve not liabilities combined
64.2 per cent.
PEACE TALK STILL PARAMOUNT ISSTTE
Money Is Easier in WaU Street Than at
Any Time for six weeks.
NEW YORK, Jan. 5. The week in the
Stock Market was attended by developments
of unusual interest and importance 10 in
vestors as well as the speculative com
munity. .
Declaration by President Wilson of the
,-ih of oanltal to reasonable compensation
aud the indicated readiness of Congress to-
act on the recommendations 01 me execu
tive contributed measureably to the further
manifestations of confidence.
That peace talk still remains the para
mount isniie was evidenced, however, by the
sharp reversal In prices on Turkey's over
tures and tne laiesi uiiwaiitw,
British Premier.
Money on time and call money was easier
than at any other period in tne past si
weeks, but new-financing is likely to hold
back until the further requirements of the
Government assume more concrete form.
Apart from slight heaviness in rates on
nomo tha forelirn exchange markets were
almost featureless on nominal offerings.
Bale by the American leiepiiono v..i-
pany of $40,000,000. 6 per cent, one-year,
notes waa noteworthy, because this issue
. nrica Yielding about 7 per
cent replaces an lssuo originally marketed
at 4 per cent. -
Heavy Reduction tn Surplus Reserve.
vttot YORK. Jan. 5. The actual condi
tion of clearing-house banks and trust com
panies for the week (five days) shows that
they hold $61,270,520 reserve in excess of
legal requirements. Thi is a decrease of
$51,106,310 from last week.
New Tork Corn Market.
NEW YORK. Jan. 5. Com Spot, easy;
klln-drled No. 3 yellow, $l.S7. ana ino. 4.
$1 82 c L f- New York. 15-day shipment;
Argentine, $2.05, cost and freight New York,
to arrive. .
Hops, Etc at New Tork.
TkTC-Trr tork. Jan. 5. Hops easy; state
medium to choice 1917. 4755c: 1916 nomi
nal; Pacific Coast 1917, 2225c; 1916.
1518c.
Wool ana niaes pnciiminru.
Chicago Dairy Produce.
cariinn .Tan. It Butter. tmchanrecL
Ees. hieher: receipts. 4702 cases; firsts.
5556e; ordinary first, 6254c; at mark,
eases included, 30955c; refrigerator firsts,
41c
Dried Fruit at New Tork.
NEW YORK, Jan. 5. Evaporated apples
dull, but firm. Prunes quiet. Peaches
dull.
New "York Sngsr Market.
NEW YORK, Jan. 3. Raw sugar, steady.
Molasses, nominal. Centrifgual, 6.005e; re
fined, steady; fine granulated. 8.15 4fS. 33c
Cotton Market.
NEW TORK. Jan. 5. Cotton Spot, eulet:
middling- uplanda. 82.40c.
CHICAGO. Jan. A CeneraY belief that
the long-expected xarerer croo movement
about to begin tended more or less
today to ease the corn market. Closing
prices were unsettled at. $1.27 for Janu
ary and $l.2o for May, with the finish as
a whole c off to o up, compared
with 24 hours before. Oats closed at o
uecnna to ftc advance. Provisions gained
5 to 15o net.
Consignment notices from rural holders of
corn allowed a material Increase and there
were reports current indicating substantial
betterment of railroad traffic conditions,
notably in Iowa aud Illinois. For the first
time this season an Illinois point announced
a surplus of cars. Besides, weather favored
shippers.
Rumors that a virtual embargo would be
plp.ced on all shipments of grain east nulli
fied advances In the 'oats market. Tempo
rarily commission-house buying had lifted
prices to a new high price record for the
season.
Packers' buying hoisted provision Weak
ness in the hog market had only a tran
sient depression effect.
Leading futures ranged as follows:.
CORN.'
Open. Hish.
1.27ft $1.27
1.25 1.26
OATS.
.79 0ft
Jan
May
Lew.
$1.27
1.2oft
Close.
I1.27
l.-'S
Jan
May
.77 ft
.79
.73 ft
Jan " . '. . 43.45
FORK.
May 44.65 44.97 44.65 , 44.87
LARD.
Jari' 23.65 23.87 23.65 23 SO
May 24.02 24.30 24.02 , 24.2V
RIBS.
Jan 23.35 23.52 23.35 23 47
Hay 23.90 24.12 23.90 24.02
Cash price were as follows:
Corn Nos. 2, 3 and 4 yellow, nominal. '
Oats No. 3 white. 81 VI ensii Ur: ,i,nH,l
82 (& 83c.
Rye Nominal.
Barley $1.40i'.5S. - '
Timothy $56. 7.50.
Clover-$20 1 2 1.
Minneapolis Grain Market.
MINNEAPOLIS. Jan. 5. Rarl.v 1 tm
1.57; flax, $3. 60 ft 3. 64 ft.
Grain at San Francisco.
SAN FRANCISCO. Jan. .V Roof no.-
tions Feed barley. $2.8082SS: white os;
$2.S52.90; millfeed, nominal.
Call board Barlev. Urv. 77UL Klrl
$2.87 asked.
Eastern Oats and Corn Markets. ,
WINNIPEG. Jan. 5. Oats cloaed: Hav.
84ftc; July. 83ftc asked.
ST. T,Orns, Jan. 5. ---Corn closed: Jan
uary, $1.27 ft bid; May, $1.25 bid; oats.
May, 77 asked.
CHICAGO. Jan. 5. Cash hart., it Ana,
1.58; corn,. No. 4 mixed. $1.67: No. 5 mixed.
1.5291.67; No. 5 yellow. $1.63: No. .1 white
1.80; No. 4 white. $1.67; oats. No. 2 white.
28.'!c; No. 3 white. iK tiUt.r- .t.n-
dard, 82&83c.
OMAHA, Jan. 5. Cash corn: No. 4 yet-
ow, $1.55: oats. No. 2 white. 80"4c: No.
white, 80c.
ST. LOOTS. Jan. 5. No. 2 corn. gl.Tfl:
No. 4 white. $1.08: oats. No. 3 white, S3c:
No. 4 white, 82 ftc
MINNEAPOLIS. Jan. 5. Corn. No. 8 vel-
low. $1.70(81.75: oats. Montana No. 2 white.
8384e: No. 3 white, 80tu81c; No. 4
white, 77eS0',ic; barley, choice. $L49fci
OVERBECK &
COOKE GO.
Broker. Storks. Bond, Colts.
Orala. Ete.
816-117 BOIKU Of XatADE BLDO.
UEMBLK3 CHICAGO BOARD QM
TRADE
Correspondents ef Logan
.ntcago ana slew xora
MEMBERS
New Tork Stork Exchange
hieago block Exebaags
Boston bteck Exchangs
Chicago Board of Trade
New xork Cotton Exchange
New Orleans Cotton KarbengB
New York Coffee Exchange
New lork Produce kxcuauge
Liverpool Cot to u Ass's,
TRAVELERS' CTIDK.
AUSTRALIA
f Honolulu, Suva, Nam Zealartt,
Regular sailings from Vancouver. B. C, by
the Palatial Passenger feteamere of tha
Canadian-Australiun Royal Mail Line.
For full Information apply Can. Pan. Rail
way, SS Third St.. Portland, or General
Agent, 410 heymour SL. Vancouver. B. C
Phone your want ads to The Oreiro-
rdan. Ma'ri 7070, A 6095.
124 Third St. Main 26.
ALASKA
Ketchikan. Wrangell, Juneau, Douglas.
h Skagway. Cordova. Valdex.
, Seward and Anchorage,
CALIFORNIA
via Seattle or San Francisco to Los .
Angeles and San Diego direct. Largest
ships, unequaled service, low rates. In
cluding berth and meal. Make reservations.
STEAMSHIP
sail direct for SAN FRANCISCO, LOA)
ANGELES AND SAN DIEGO
Tuesday. 2:30 P. M., Jan. 8.
Pan Francisco, Portland ft Los Angeles,
Steamship Co. Frank Bollam, Agent.
124 THIRD STREET. Main 26.
New Houston Hotel
Sixth and Everett Streets. .
Four blocks from Union Depot
Near business center. r
Fireproof and Mudem. -,
Bates 75o to $3.00.
Chaa G. Hopkins, Manager.
4