The Oregon daily journal. (Portland, Or.) 1902-1972, September 15, 1907, Page 31, Image 31

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'THE 'OREGON 'SUNDAY.' JOURNAli PORTLAND, SUNDAY' MORNING SEPTEMBER 15, 1907.
' 1 '.nlj -.
Latest Market Reviews
1 '!
. HOP- SHORTS ;u GETTING ?
,TEBT MITCH EXCITED BE
I CAUSE , OF SMALIT BALE.
IF OREGON flGEOWEIlS
SORT POTATOES .' THEY
WILL CAPTURE MARKET.
W - THE FINANCIAL WORLD
With the Trade
' y li
OPPORTUNITY.
FOR GROWERS
" i "
Best Potaioes In West Must
Be Sorted Right to Ob
tain Just Price.
By Hyman H. Cohen,
Oregon potato oroducers. thla la your
opportunity. The production In thla
state tha praaent ituon shows tha vary
beat Quality aver produced by any seo
tlon and at any time, lt'a up to the
producer, however, to further the work
or nature 11 no will ia oiuii
of tha unuaual good quality. .
The work-will be simply to grade the
potatoes just like the producer of Hood
River apples grades nis fruit Sixes
must be lust the aame all tha way
through the sack. A mixture of ail
alaea will only reeult in the pooreat
price that rule In the market, and even
at that figure ft wM W n-asy taak. to
dispose of the supplies this year.
The nuon for this la that the entire
Paclflo coast will have a big crop, of
potatoea thia aeaaon. Thla la not wnat
waa expected by Oregon proauoera oe
cauee they were led to believe from the
text of the California reporta at the
atart of the planting aeaaon that our
aouthern atate would not produce a
auarter at itm aocuatomed supplies. In
atead of thapthe California crop ia one
of the greatest aver produced by that
state. There la ona arawoacx, nowever,
to California's crop thla aeaaon. In
general lta quality la not good. Thia
waa caused by tha planting of unsuit
able and unprepared ground and the
very poor seed planted, at the spur of
the moment when good stock could not
be Obtained.
Oregon's Block Is Beat. '
To Oregon producers' this la a re
deeming feature. In their graay tha
farmers of potatoes thia aeaaon have
the full market If they care to bold
It They have the only first-class
quality of potatoea on the coast. Every
one admits that; even California dealers.
For several years there has been a
gradual change In the methods of fill
ing potato aacka In this atate. A few
yeara ago few growers sorted out any
of their stocks. Anything waa potatoes
with them and everything they sent
to market they expected to bring back
the top quotations. For yeara they
were beaten because of thia lack of
grading, and they are beginning to
learn that lt'a the eye that must be
pleased, and although a potato la a
potato in the vegetable language It doea
not run In that class In discriminating
markets. It's either a very poor, an
ordinary or a first-clasa potato. The
pack'a the thing.
Proper Sorting would Zelp.
Oregon raises a number of varieties
of good potatoea which if sorted In the
f roper way will bring a value that will
op the market anywhere on earth. Our
Burbanka thla aeaaon will be ao far
auperior to those ordinarily grown that
they almost seem like another variety.
They are smoother than usual and
samdes recently shown are of almost
uniform size. Then there's the Ameri
can wonder, that king of baking po
tatoea, lt'a grand to look at thia year
if grown in Oregon and mucn
grander to eat lt'a always a good po
tato if raised In Oregon, but It goes
several notches better than that this
aeaaon so say the most expert dealers
in California and they certainly ahould
know, for California annually takes
moat of our potatoes, because thev are
better than any othera she can find.
XX PRODUCE MARKETS.
whole wheat, 14.00; y rye, (0a, 11.60;
.STUFFS Bran, 117.00 par Jon;
bales, 13.00.
MILLS'
middlings, 126.00: shorts, country. ISO;
city, sis; cnop, iie.uu wxi.uv.
HAT producer's price Timothy,
Willamette valley, fancy, IK.00O17.00;
ordinary, 111.00014.00; eastern Oregon,
818.00; mixed, f 10.00 10.(0; : olover,
18.00 0i.oo; grain, i.oio.o -.cneet.
110.90 oii.ov.
. , Batter, Xgrs Ml Poultry.
BUTTER FAT F. O. b. Portland
Bweet oream, llHc; sour, 81 q.
BUTTER City creamery. , lEo:
seconds, 33o: aaatarn, 82c; state
fancy, 13 Ho; seconds, 80C31c; a tore,
EGGH--Extra fancy, oandled, 11 HO
CHEESE New Full cream, flats,
noiOHO - per id.; xoung Americana,
1 7 per in.; eastern, 17 wo.
POULTRY Mixed chickens. II He
lb; -fancy nana, l4o lb; roosters.
old, "10o ' lb; fryers, 14c; broilers,
14o lb: ducks. 14c lb: geeae. old. 810o
Ik.. . .. .. 1- . . . .Y, tV. 4 A . .. V.
ti, im k,, .itfi.v in jv uiit, my us ui.
11.60 dos.; pigeons. $1.26 dos; dressed
poultry, lOltfco per id. higher.
Sops, Wool and xidas.
HOPS 1107 crOD Choice, 707Uo;
prime to choice, 7o; ordinary, 4 to per
id; ivoo, cnoice, 6o.
WOOL 1807 .clip Valley. lOOllo:
eastern Oregon, us lie.
MUHA K 1NW 1M07 Xl IlttO.
auciriiairrxia Qk...in. until.
each: ahort woor, 1BOOoi medrtrm. wool,
tuoiYOQ aaon; long wool, itvti eacu.
TALLOW Prime, per lb, IVLfikc; No.
I and grease, IBZHc.
CU1XT1M pAna 7a
PRICE AFFECTED
BY LIVERPOOL
Chicago Wheat Starts Very
Strong on Good Open
ing Cables.
mils and TegeUblea.
vm-iT . Tna irnv 1 nnimi 9K aii.
Ing; buying, white. 80c $1 per aack;
sweeta, iHiXo id.
I101.25: buying. 11.60 01.76: garllo. 80 ??
oer lb. "?
ArrbKH New, ll.UDOil.7t.
4 ' B-omwest Crop Weather. a
4 Western Oregon Sunday, 4
4 (howers And cooler; aoutherly e
4 winds. 4
4 Western Washington Sunday, 4
e showers; southwesterly winds. 4
4 Eastern Oregon Sunday, show- 4
4 ers and cooler. v
4 Eastern Washington and north-
4 ern Idaho Sunday, sowers and 4
4 cooler. .
4 Southern Idaho Sunday, ,90a- 4
4 albly showers 1 warmer east, 4
cooler west portion. 4
4e44
FRESH FRUITS Oranges, 14.600
CHICAGO WHEAT VALUES.
Sent 14. Sent. II. Sain. If 01
Sept ....... 4H HA 11
May 104 A 104 B
PRODUCT FR OK 190 00WH.
7l2
77fi
(United Praes Letstd Wlre.t
Chicago, Sept. 14 Comparative stead!
dosen; grapes, ness oi ino Liverpool market and good
boaehei f aooeptaftoea rram tke-other id -a
uauieu oiir irora nero gave me wneai
market a atrong atart Trade waa of
the aame loeai character that has been
forced upon It by the unsatisfactory
telegraph service since the strike be
gan. Liverpool reported futurea Hd
6.00; bananaa, 6c lb; lemons. 4 06.60
per box; limes, Mexican, 4.uu per ivu
Fineappiea, ii.st&tfie.ou
76e09Oo; cantaloupes, 11.1601.60;
piuma. 60Qi60c: watermelons. l"4o;
orabapplea, So lb; Bartlett bears, 11.23
1.69 per box; caaabas, vx.oo aos.
VEQBTABLES Turnlos. new. IOoO
beets, 11.66 per sack; parsnips, 11.000 lower and wheat on tha pot was wlth-
i at! ,u. iv.. lout chanae. Paris u t hlorhur in u.
Oregon, 60o; beana. 108c; green, lower and Antwerp waa unohanged.
208a per lb; cauliflower, 8Oc0 11.26 dos; Local receipts were 149 cars against 88
peas, 6c; horseradish, to lb; artichokea. f"-? a year ago and shipments 840,000
16076c dos: creen onions. 16o per dos: busneis against 7o,oou bushels a year
bell peppers, &0tc per lb; hothouse let- ago,
Eggs and Chicken Supplies Scarce
With Prices at High LeveL
Eggs went to a rather high figure
during the week on account of the
very small auppliea. Along the atreet
few dealers received any consignments
during the week, arrivals being the
smallest for this time of season in
. many years. The result waa that there
was a heavy Increase In the con
sumption of local and eastern storage
stock.
Chickens were very firm during the
week, with light arrival On this ac
count lit Ices were- somewhat stretched
by fortunate receivers. All sorts, but
especially hens, la demand.
Creamery butter rules at several
grades on account of a surplus In sup
piles. However, the production is
slightly decreased at the close of thei
week. Outside creameries the principal
price cutters at this time.
Cheese market is dull, but fairly
steady, with outside markets advancing.
NO APPLE BUSINESS SHOWN.
Minneapolis and Duluth received 178
cars, compared with 780 a year ago,
Indian shipments for the week were
664.000 bushels, compared with onlv
66.000 a year ago and Australia shipped
Boa, uuu Dusneis. me close was at some
what Improved figures, recovering the
tuce, 11 box; cucumbers, hothouse, 15
0Z6O dos; radishes, lBo aosen bunches;
eggplant. 11 Uo lb: green corn, 76o
sack, celery, 76c0l.OO.
Groceries, ITuts, Eto.
extra B. 85.27 W; golden G, 15.17 O (Torn Brisk at Start.
yellow. 15.07 W: beet granulated.
barrela, 10c; half barrels, 26o; boxes,
60o advance on sack basis.
(Above prices are 30 days net cash
quotation)
HONEY 33.60 oer crate.
COFFEE Package brands. 116.38 0
is. 03.
BALU coarse Hair ground, loos.
Trade in corn was brisk at the onen
Ing and again largely in the way of dls
posing of preylous purchases because of
the continual favorable weather for the
crop. Local receipts were 487 cars
against 886 last year. Shipments were
44tf,uoo bushels against 508,000 last year
Liverpool reported futures tyd lower.
Ill.oO per ton: 60s, 313.00; table, dairy At the close tnere was nearly zo de
60s. 817.50: 100s. 117.26: bales. 12.25: cline for the September delivery, while
Imported Liverpool. 60s, Z0.00: 100s, December and May were 1 Ho lower than
118,00: 4a 118.00; extra fine barrela; 2s, last night's close. The large estimate
6a and 10s. 34.6005. 60: Liverpool lump for Monday'a receipts, 896 cars, caused
rock, izo.oo per ton; co-id roca, sii.uu; the rinai losa
100s. 310.50
(Above prices apply to sales of lees
than car lots. Car Iota at special prices
subject to uuotuations.)
RICE Imperial Japan, No. 1, 6o; No.
I. &tt6e; New Orleans, head, 7c;
Alax. 6c: Creole. 6Ke.
BEANS Small white, i-.ao; large menta 828,000 buahela. Last
wnue. la.ou: mna. is.du: oayou. ss.su: inxai ... i. it.
"SaT.ie,S; Mxlca" r08' ,?- , . With such very favorable weather for
n i i,z f- V. zXl.il'i I corn ana heavier runs of hogs than
v ujuiH 71 w 1'-a a t ivu,
Scalping in Oats.
The heavy tone of the corn market
and the absence of active apeoulatlon
gave oats a slightly lower tendency.
Trade was mostly of a scalping nature.
Local receipts were 268 cars and shlp-
yea.ru
.vri those or tne year before there were
mi- lb wihVV&tYoi? riot. Per To- m0" offering, of hog product. In the
n?ne nutT 14ffll5t Poor lb- hlckSr? nuts' speculative market than could be ab-
h,. in ik. . r. iiflitn. run for the day was 14.000 asalnst
per lb: almonds. l021A4c. 11,000 expected. Local receipts for the
Meats. llsh and Provisions. cash wheat: No. 2. red 11 fie: No. 8.
FRXsn MJuAia Jront street nogs, red 8e4c; no. 2, bard 9betf
On account of the great supplies of
peaches and other fruits' there Is very
small business reported In apples along
tne produce distract. Heoeipta oi appies
are Increasing and for this reason some
sacrifices in values are reported.
In many Inatancea arrivals have been
overripe, thus adding to the burden of
an already top-heavy market. The
trade hardly knows what to expect in
apples, but as soon as other fruits are
out oi tne war a resumption in aemana
will likely follow.
During the week there was consider
able buying of Oregon apples by eastern
. people. Kansas City and other middle
west cities were most In the market
and their purchases were for heavy
amounts. In many instances entire
orchards were purchased.
FRONT STREET REVIEWS.
'Brief Mention of the Prodnce Trade
of Portland During Past Week.
From extreme dullness and weakness
the peach market is again showing a
good tone along Front street. Receipts
while heavy are no better than demand.
Large sizes still bring a good premium,
however.
The Bartlet pear season is about over
at least the rush is. Receipts the
past week were enormous and a large
portion of the supplies were sent to the
canneries because of their ripe condi
tion. For fancy stock prices held re
markably well.
Tomatoes are again firm although tha
trade is not quite as iiveiy as expected.
Cooler weather seemed to have brought
the demand down several notches.
Grapes are still coming from every
direction and prices are still very weak.
Best quality is about the only thing
that finds a reaay aemana.
Prunes are in larger supply, and on
account or tneir generally overripe con
,oltion, prices aia not noia wen.
strawberries rrom ua Grove were
aaraln In market the Past week and
30IO at suu a puunu.
Cauliflower is arriving in better
shape from local farms and Is finding
a good aemana.
' . Hothouse lettuce Is moving rather
slowly, with supplies Increasing.
Cantaloupes remained In good demand
'during the week, with supplies some
what better again. .
Chlttlm bark market is firm, with
some tendency to stretch values.
Front street values:
Bnli. Ha ut Ya4-
GRAIN BAGS Calcutta, Is;1 large
WHEAT New Club, 82c; red Bus
. slan, 79a; bluestem, 84c; valley, 82c.
CORN Whole, 8: oracked. 80 ton.
BARLEY New Feed, 323.60028.60
?er ton; rolled, 134.60028.50; brewing)
23.60014.00
j RYE 11.65 per cwt. - .
OATS New Proucers price No. -l
'White, 124.00 per ton; gray. 123.00.,
FLOUR Eastern Oregon patents,
,34. hU; KtrBlchts, Ji.25; exports 33.90;
vUey, 34.304.40; graham. Vis. 3X75;
u i ik, i . n o . l v.
veal, extra. 809o per lb; ordinary, 80
8ic per lb; poor, 6 07o per lb; mutton.
fancy. 8090 ner lb.
HAMS, BACON, ETC Portland pack,
(local) hamr, 10 to 12 lbs, 16c per .b;
14 to 16 lbs, 16tfo per lb; 18 to 20 lbs,
16Ho; br'JKfast bacon. 15V422o per
id: picnics, uo per id; cottage roil.
13o per lb; regular ahort cleara, un
smoked, 12o per lb; smoked llo per lb;
clear backs, unsmoked, 12c; smoked. ISO
per lb: Union butts, 10 to 18 lba, un
smoked, llo per lb; smoked, 13o per lb;
clear bellies, unamoked, 11. Ho per lb;
amoked 18H per lb; shoulders, 11V40
per lb; pickled tongues, 70c each,
LOCAL LARD Kettle leaf, 10s. lSfto
per lb; 6s, 8 Ho per lb; 60-lb tins, 12 o
fier lb; steam rendered, los, 9o per
b; 6s, 1130 per lb; compound, 10s,
llo per lb.
FISH Rock cod, 7o per lb; flounders,
to per lb; halibut, 60 per lb; striped
bass, 16o per lb: catfish, 11c per lb; sal
mon, fresh Columbia Chinook. 8c per
lb; silvers, 7o per lb; herrings,
60 per lb; soles, ' 60 per lb;
shrimps, 12o per lb; perch, 6c
per lb; torn cod, 7c per lb; lobsters, 16c
K., IK. Tnantr.pal C n IK r m ...
fish. 26c per dozen; sturgeon. 12 Uo per
lb; black bass, lOo per 16; silver smelt,
7c per lb; frozen shad. 60 per lb; black
cod, 7 Ho per lb.
OYSTERS Shoalwater bay, per gal-
ion, z.du; per iuu-10 sacK, fo.uu; uiym-
rla. per gal" on, 32.26; per 116-lb sack.
6.6006.60; Eagle, canned, 6O0 can; 87
dozen; eastern in shell, 11.75 per hun
dred.
CLAMS Hardshell, per box. 11.40;
razor clams, $2.00 per box: lOo per dos.
Paints, Coal Oil, Sto.
ROPE Pure Manila, 16o; standard,
lSc; sisal, llo.
COAL OI Pearl or Astral Cases,
19Hc per gal: water white. Iron bbls,
14c per gal; wooden, 17a oer gal; head
light, 170 deg., cases, lltto per gal.
GASOLINE 86 deg.. cases, 24&o per
gal; Iron bbls, 18o per gal.
BENZINE 63deg., cases, 26o per gal;
Iron bbls, 2 80 per gal.
TURPENTINE In cases. 96o ner a-al:
wooden bbN, 93o per fal.
WHITE LEAD Ton lots, lo per lb:
600-lb lots. 8c per lb; less lots, 8Vc,
WIRE NAILS Present basis at 13.13
per keg.
Sheep Weak In East.
Chicago, Sept 14. Official run:
Hogs. Cattle. Sheep.
Chicago ...12,000 600 2.600
Kansas City ... 1,000 1,000 ....
Omaha 7.000 600 600
Hogs are steady; left over. 6,700; the
receipts a year ago were n.ooo; mixed,
35.8606.66. heavy 16.00 0 6.25; rough,
$6.6506.90: light, 36.1006.22.
Cattle Steady.
Sheep Weak.
11.00 Vi; No. 3. hard 3U 0 98o: No. 2.
northern spring 31-01 01.03; No. I,
spring StScijfll.OZ.
Cash corn: No. 1, lo; No. 1, white
6Zc; no. z, yeiiow 606Sc; No. 1
61 0 62c; No. t, white 62062 Ko: No.
3, yellow 65U0(5Ho; No. 4, 610lUa
Cash' oats: No. 8, white 48H0Blo;
NO. 4, White 47M049O.
II If i i. j, 3i
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it ' i
S I t . . ''f. f:
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1 1 '' . , v. ' 'if j r"Sr
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M'" t'-""
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Aft
,- s-
J - - .a i. "-:
1903 MARKET
IS DUPLICATED
SHIPPERS ARE
OIIESBBEI
Action of Stocks Past Week
, Very Similar to Four
Years Ago.
ft -t
,
t'eV'
v. iSU4 .X.
1 -
of-
One of Tillamook County's Prides.
A cheese weighing 354 pounds Is rather an unusual exhibit, even In this
city, the gateway to the Tillamook country, where the best cheese In the world
Is produced. A 866-pound cheese was on exhibit this week at the Oregon Cheese
oomoanr and attracted considerable attention. The encese on too of the larae
one Is one of the regular sizes, called "Twin." The one on top is a "Young
America." The former weighs 30 pounds, and the latter seven pounds. The
big cheese takes the milk from 190 cows for a ninle riny. It was manufac
tured Dy A. w. uunn. 11 iook me prize ai me TiiiamooK rair.
HOP SHORTS MAY BE FORCED
TO WALL BY THE POOR QUALITY
(UnrtFd Prna Leiwd Wire )
Wall Street, New York, Sept. 14. The
parallel so oltcn noted between this
Season s financial movement and that
of 1903 has been suggested attain by
mis week a experience. It was In Aug
ust, four years airo. that the treat ma
jority 01 ranroad stocks struck: bottom
Those low prices wore at intervals
thereafter approached hut never equalled
and liquidation came In thla quarter of
the market alter the final midsummer
collapse was really over. The low lev
els for the greater part of the Industrial
list on the other hand were not reachid
until some time later. For most of
these stocks the low points were made
In the autumn and the ensuing winter.
The course of prices this week hss
strongly intimated to close observers
that some such line of demarcation has
again existed.
Copper Seonritles Bnmped.
A violent rnllflnae hna ocmirrad tn all
securities related to the Conner Indus
try and It has extended In greater or
less degree to the holders of those in
dustrials. In the face of this severe
strain the railroad grouD have stood (Id
extremely well. If the course of the
market warrants any positive condit
ion. It Is that we have had fresh oroof
that, the liquidating movement among
tha Mtlleed otf rUt roaily eulmlaatei
a month ago.
At the low levels then reached a large
Investment absorption took place and
this accumulation has apparently gone
a good ways further during the confu
sion and depression of the last few
days. When genuine buying has begun
again In the investment quarter stocks
which are held more largely on a specu
lative basis can be sold to better advantage.
Foreign Markets Irregular.
STOCK MARKET LOSSES.
VlWest. Union..
Amalgamated
Car & Found
Locomotive .
Sugar
Smelter
Anaconda . . .
Atchison ....
Brooklyn ....
Can. Pacific.
St. Paul
C AO
Press. Steel..
Reading
8. 1'
8. R.
IS Colo. Fuel
1 I Denver
1 I Erie
lttt Gt. Northern .
1 IKaty
lMo. Pacific...
1 V; Nat. Lead . . .
1 I Nor. Paclflo.
lHlPac. Mall ...
I Penn.
HlKep. Steel . . .
HI Rock Island..
IHIU. S. Steel...
V4! do pfd
Official range over
Overbeck St. Cooke Co.:
WHEAT.
Sept ...... 83
Deo. 88
May 104
leased wire of
Sept
Deo,
May
Sept
Deo. ,
May
Sept
Oot ,
Jan.
103
68
66
67
Ml
104
CORN.
61
68
19
11 6S4 H
62U 62V4 61K
63H 63 63H
MESS PORK.
1687 1637 1587
1645 1646
1650 1655
LARD.
104&A
"ft
67 V4
68
62
63
68
1645
1645
Sept
Oct
Jan.
".'906 905 'ibh
... 873 895 862
' SHORT RIBS.
Sept 847 850 (47
Oct 860 880 860
Jan. 807 807 797
1687
1546
1646
'J6i
868
847
850
800
United States Government Bonds,
New York, Sept 14. Government
tinnds: Bid.
Twos, registered 106H
do coupon 106
Throes, registered 103
An nOUDOn ..102
Threes, smau oonas ....1013
Dls, Columbia, 8-65s. . . AU
Fours, registered, new.. 125'
do coupon ..126?
Twos, Panama 104 1
Philippine ours iusi
Asked.
106
106
103
103
Liverpool Grain Market.
Liverpool, Sept 14. Official prices:
WHEAT.
Sept. 14. Sept 13. Loss.
Sept 7s d 7s 8d Hd
Deo. 7slOVd 7sl04d d
CORN.
Sept 6s 6d 6s 6d Hd
Oct 6s6d 6s6d &
Boston Copper Market.
Tinatnti Hunt 14 Rid nrlces; !
to I rn I .. -armt tlU
Franklin 8
Mass 8H
Nevada 9
N. Butte 47
Old Dominion. 24
Osceola 88
. 18
.118
:5&
. 2H
Mohawk 68
Adventure ... 2
Alloues bo
Arcadian .... 35
Atlantlo 108
Bingham .... 9
Butte Coala.. 16
CaL & Hecla.626A
Centennial
Quincy . .
Shannon .
Tamarack
Trinity .
Utah
19
80
10
63
14
35
By Hyman H. Cohen.
Short sellers are caught.
Through no fault of their own, except
perhaps that they took enormous
chances on Oregon producing a heavy
crop this season, they are In a sltua
tlon that mav foroe some of the largest
hopselllng firms to the wall during the
present season
The reason for this Is that they have
sold several times as many bales of
ood-qunllty hops as they can possibly
ellver this year. They figured that
nothing could happen to the Oregon
croD this season, despite the general
lack of cultivation and care of the yards
by growers. They figured that they
could buy these hops from the producer
at a material cut irom me price mat
It cost to raise them. They figured
that not more than 4o or 6o a pound
would be paid for the best hope thla
year,' and lower grades would soil for
figures that would scarcely pay for the
baling, not alone the cultivation. They
ngurea mat every other section or tne
country would produce a good crop, so
there would be no difficulty In covering
ail tne sales tney might make.
Brewers Paid Oood Price.
It Is no fault of the brewer that hops
are not selling at gooa prices mis sea
son. Most of them contracted with
dealers to deliver hopa this year at 16c
and 16o a pound, a price that would
result in good profits to the producer
Instead of encouraging the grower of
hops to do his best, the short seller
early in the season started out by tell
ing him of the enormous crops that
would be produced. This was for an
effect to get the ideas of the growers
down to such a figure that there wouid
be a handsome profit In the Bales for
shorts.
This bearish work was keot ud too
long a period, for growers became dis
gusted with the situation, and the unlooked-for
result the growers did not
cultivate materialized. This one fac
tor will probably cause more heartaches
among, the short sellers than all other
conditions combined. The lack of culti
vation and the unfavorable weather
were combinations that cut down the
size of the expected yield In the first
place. Then, when the hops were in the
milk, the weather was still unfavorable,
and the result was that lice entered the
burs. Then many of the vards began to
show mold on account of the very cool
nights. This latter condition caused
the growers to pick but a portion of
their crop. While there will be more
hops In Oregon this vear than growers
will find -any demand for those who
have choice quality will be well paid
for their work, because present Indica
tions are that shorts will be forced to
pay a living price for these goods, no
matter what they intend to do with the
cheaper quality.
Other States Affected.
Oregon, however. Is not the only state
that shows mold In its hops. There's
California, New nrk and Washington,
ns well as all Europe, in the same boat.
It seems to be a general calamity year
for the hop shorts everywhere. Their
road has become so rocky and unfit for
travel that many are already on the
verge of c breakdown. Growers every-1
wnere realize mat me snort seller la
alwaya an enemy to producers, for he
always tries to sell at lower figures
than anyone even five years before the
time of delivery. If there were a law
to atop the selling of a crop before It
waa harvested bv nnvnne mi'cnl tha
producer, It would likely result fn bet
ter prices to growers. When lions are
scarce and high, they would be still
higher were there no shorts to bear the
market. If they were low on account
of overproduction, a better Drlce would
be obtained If shorts were exiled, be
cause at all times he Is bearing the
market so as to make a create r Droflt
himself on something that ha had not
a cent of money Invested in.
. Will Poroe Delivery.
During the week several local short
sellers were nearly thrown Into a spasm
by the receipt of letters from some of
their clients who stated that they must
deliver exactly the grade of hops called
ror in tno contracts, primes not to be
admissible as choice. This Is the re
sult of the present low prices ruling in
the market and may In Itself force tne
(Hrint Newt br Longest Leaned Wire.)
New York, Sept. 14. Foreign markets
were Irregular. Pari and Berlin were
steady, although discounts at the latter
center were lower. The feature was a
rise In Rio Tlntos, but Americans were
generally heavy at London.
The bank statement was unfavorable
and disappointing, especially after yes
terday's general prediction that the
showing would be a good one. The de
crease Tn surplus reserves amounted to
3463,650. The cash loss reported amount
ed to 3861,000. Loans Increased 3375,000
and this was said to be due to borrow
ings owing to the week's big bond pay
ments. Deposits decreased 31,632,800.
Official New Tork prices over leased
wire Overbeck & Cooke Co.
V
Persist in 8ending Tooi
Hogs to Market When
They are Not Wanted.
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. - Bheep
fast week 1005
Previous week 673
Year ago. 236
Previous year 417
1399
874
613
481
, 1.1 1
741
343
DESCRIPTION.
short sellers to pay an advance
Now. If Paul Horst or some other bir
dealer should get into the market and
buy up a large lot of the choice goods.
It would cause a stampede amone the
shorts that would make a panicky Ses
sion In Wall street seem a tame affair.
Hops Sell at 7 Cents.
(Special Plspateb to Tba Journal.)
Sllverton. Or., Sept. 14. Nearly all
the growers In this vicinity ?iave com
plefed the harvest of the hop crop, and
it is estimated that the yield this year
is at least 60 per cent less than that
or last year. Many or tne larger yards
have not been harvested at all on ac
count of mold. Only one pale has been
made In Silverton so far this season
O. L. Olson aold his lot of 55 bales to
F. M. Morley for 7 cents per pound.
Parrot
Wolverine . . .
Royal
Green Con . . .
Sup. & Pitts.
Ely Con
Bagles
Victoria 4Neplsslng
Helvenla
Copper Range. 67
6
2HIApex 8.
New York Bank Statement.
New Tork. Sent 14. Bank statement:
.1,.,-t,,...,,.,,.Jlaas8..1Jecreaaa,
Reserve ......... 3 463,650
Ttoaerve. less IT. S. 117.360
Loans $376,000 .......
Specie t;.vi 1,407.600
Legale .......... 545,700
Denosits . ...... 1.(33.600
Circulation ...... iyz.zou
5 New York-London Silver.
New York BetftvltwBar stiver. (So:
London, II Hi 1 '
Want Higher Price.
(Special Dispatch to To Journal.)
Albany. Or., Sept 14. The hop pick
ing season is rapidly coming to a close
In Linn county and before the first of
the next week practically all the fields
will be devoid of pickers. The quality
has , been first class and the output
will "be of a quality to demand recog
nition among the buyers and dealers.
The season fias been exceptionally sat
isfactory as to the output and with the
increase of the hop demand so as to in
sure a higher market price, joy would
reign in the hearts of the growers.
New York Ctotton Market.
Open. High. Low. Close.
January 1172 1170 1166 1166
February . 1170
March ...1189 1189 1179 117V
AffrU 1191 1191 1180 1181
May 1198 1195 1186 1185
September ...... 1146 1146 1146 1146
October. ........1160 1166 1152 1162
November .......1166 11(8 1167 1167
December .... .,.1171 1173 U59 1169
EXPECT FLOUR PRICE
JO RISE 1 FRISCO
(Hearst News by Lonxeat Leased Wire.)
San Francisco, Sept. 14. The week
closed on a firm, but quiet wheat mar
ket There were no quotable ohangea
today. The receipts were 1,860 centals.
There' were no speculative salea of
barley. Tha spot market waa quiet but
firm. There were receipts of 760 cen
tals. Oats were strong and subject to
an aavance. ine receipts were 1,059
centals, including oou centals rrom Ore
gon.
There has been hardly any attention
f riven io rye ana prices nave Deen large
y nominal.
Beans were generally quite firm.
Llmas have become quite scarce, pend
ing the arrival of the new crop. For
these now here, advanced prices are
asaea.
rionr Bise Is t.ljaly.
The expected advance in flour has
not yet occurred, but the market has
been very firm. All lending products
ruled at firm prices. The receipts of
flour were 1,357 barrels, lncludlnsr a
small quantity from the east.
tiaxrreraia Tunr aavaneea io per
fiound for firsts, and eastern storage
adls were 4c hinmer. Fancy new
fcheese was marked up c per pound,
mus recovering irom uie aecnne on tne
preceding day. Extra eggs dropped lo
per dozen and eastern firsts and sec
onds were He higher. Butter and cheese
dosed firm ail around. Fresn Cali
fornia eggs closed steady, and all others1
were firni.
The market for seasonable fruits
was fairly active In the early hours,
and prices showed about the usual va
riations. There was a surfeit of table
grapes, the stocks being somewhat in
creased by late arrivals. All melons
were In abundance and nutmegs were
fiarticularly weak. There were no def
nlte prices for figs, the supply being
large and the demand poor. Peaches
were plentiful and weak. Apples con
tinued very firm, also fine Bartlett
pears. Pomegranates and quinces re
ceived very little attention.
The market was very dull and weak
for potatoes. Prices are expected to
be somewhat lower In the coming week.
Onions were slow and weak. There waa
an abundance of sweet potatoes. To
matoes fell off price owing to larger
offerings. Cucumbers, peppers, egg
plant and green okra continued weak.
Liverpool Cotton Lower.
Liverpool, Sept. 14. Cotton futures
closed 5 to 6 points lower; spots 7 points
lower.
Amal, Cop. Co..
Am. C. & F, a . .
do pfd
Am. Loco. c. ...
Am. Sugar, o. . .
Am. Smelt, o, . .
do pfd
Ana. Mln. Co...
Am. Wool. c. . . .
Atchison, c
do pfd
Br. Rap. Tran. .
Can. Pac. c
Cent. Leather, o.
do pfd
C. & Q. W. o...
C. M. & St. P...
C. & N.-W. a. . .
C. & O
Col. F. & L c. .
Col. So. c
do 2d pfd. . . .
do .st pfd. . . .
Del. & Hudson.
d. & r. a
do pfd
Erie, com
Or. Nor. pfd. . . .
111. Central ...
L. & N
Manhat. Ry. . . ,
Mex. Cent Ry..
M. K. & T. o
M. K-. & T
Ore Lands
Vir. Chemical ..
do pfd
Missouri Pac.
Nat. Lead
N. Y. Central .
N. Y.. O. & W.
N. & Western, c.
do preferred .
North American
Northern Pac, c.
P. M. Steam. Co.
Penn. Ry
P. O., L. & C. Co.
Pressed S. C, c.
do preferred . .
Reading, c
do 2d pfd. ...
do 1st pfd. . . .
Rep. I. & S., c. .
do preferred . .
Rock Island, c. . .
do preferred . .
S. L. & 8. F. 2-p.
do 1st pfd. . . .
Southern Pac. c. .
do preferred . .
Southern Ry. c. . .
do preferred . .
Texas & Pacific.
T., S. L. & W c.
do preferred . .
Union Pac, c. . .
U. S. Rubber, c. .
do preferred . .
U. S. Bteel Co. d
do preferred . ,
Wabash, c
do pfd
W. U. Telegraph
61
38
'68' '
112V4
90
7tt
39
22
864
'45
1864
9
120
53
112
90
97
89
22
86
'45
186
9
120
166
23
20 V 20
127127
10811081103
v If 71
47
105
38
70
129
25
120
44
165
20
125
1
22
19
4f
37
85
110
10t4
25
47
128
29
29
93
11
129
Zo
125
22
85
110
15
26
47
129
29
104 104
127
Z4
119
27'
21
19
44
37
26
46 i
127
29
27
90
11
Primitive Passion.
Corn-stalk fiddle and willow flute
Red Hps ringing In the tunes long mute.
Barefooted Mozart down In the lane
Lost in the revel of heart's refrain!
Morning and music and dawn of desire,
Oh, for the primitive passion and fire
Borne on the fingers and ripe on the
lips
Of a lad to whose measures the child
heart trips.
And dead gods listen, and Pan on the
shre-- -
Moans in the reeds of the rivers of
yore:
Baltimore Sun.
Quit Knocking.
From the Mankato Free Press.'
Several unfeeling editors in tns see
onri district are eharalnr Colonel Ward
of Fairmont with having Mr. MoCleary's
backing in nis congressional aspirations.
Quit your knocking,, boys. .
Total sales for day, 367,700 shares.
Shall There Be a Class Aboye Iawt
From the Milwaukee News.
Let us assume that the men In con
trol i C the Industries of the country
Its trusts and railways shall be able
to stay the hand of the law, lest
through Its enforcement "prosperity"
shall collapse, will it be Incentive to
them to respect the law in the future?
Will It not breea greater contempt lor
the law and still greater abuses?
How long could the republic endure
with a small and wealthy class above
the lawT Of what force would be the
law to the masses not exempt irom its
mandate anapaniu8j;
Wireless for Clock.
1
From the Pittsburg- Post-Dispatch, f
The regulation of clocks by . wireless
telegraphy seem to bave been quite
successful. Ia tha. experiments at
Vienna of Reithoffer and Jtorawets the
Slock was controlled by wireless Im
pulse from a regulator three and three
quarters wiles away, and it krt perfect
time, with, uo intuifeience fiuca stray
ourienta,
By Hyman H. Cohen. ' A
Portland Union Stockyards, Sept It
The lesson In tha livestock market tha
past week goea to prove that when you
ahip atuff to tha market that la not
wanted you alwaya force tha prica
downward. For aeveral weeka tha live
atock trade has been filled up wltli
stock and China fat hogs. These hog
were not wanted. The trade only pur
chased them to clear the market In
stead of the run showing a decreaae It
haa been greatly Increased aa tha week
progressed, and the result waa that kill'
ers did not try to hold up value nor
support the market in any way tha pasC
The y argued that they were not the
sufferers If atock came to market and
waa not wanted. Tha ahlDser waa tha'
person affected, but as the shipper ha
been warned for the past two weeks by'
livestock neoDle. and tnrougn mis re-
?ort, he la getting very little sympathy
rom yard officials because ha persist
in aoing aometning mat ne anemia
avoid, . -
While there la a very good aemana
for good finished hogs In the local!
been affected to aome extent by thai
overflow of stockers and China fatsW
There waa a decline of 60q ia the latterl
two grades and 25c in best stock. Thlm
latter would not likely have occurred aj
this time had It not been for tha lro-j
mense shipments of atock that was noc
Oattle Bull, mourn TTaohaaged. ;
With an Increase In arrivals of eatUsi
during the past six days, the marked
was not so firm, buyer purchasing aai
few supplies aa possible, with the hopei
of affecting values. Thla they were
unable to accomplish becauae they araj
paying fhlly thia amount for latterl
shipments, so sellers would not let vol
t tne proposed aecnne. Arrivals in wm
yards for the week totaled 1.39 headj
compared with 874 a week ago. Ill a
year ago and 431 two yeara ago for tai
aame week. . "
On account of the small suppuea mat
eastern cattle markets are very muchi
excited at times, and prices are on tha
rampage. , .
Bneep sBsnsi mm anwr.
Bniii.r nrriviLin caused a firmer tona
to rule In the sheep market moat of tha
noir hut at times weaknesa waa shown.
This 'latter was due to the changeable
weather, the warmnese arreciing sauan
in ha v.rri tn . considerable extent.
Lambs are firmest at all times, and at '
the close of the we values in uus
line were 25c higher than a week ago. -A
year ago for this week cattla an4
hog were Just able to hold thelrowiw
while sheep showed a fractional decline.
Official yard prices:
Hogs Best eastern Oregon. 31. SO
6.75: stockers and feeders, sv.Zb3
China fats, 36. '
Cattle Best eastern uregon mmm.
83.86(914; best cows and beifers, 1.7
S: bulls, 31.763. a
Sheep Best wethers, S4.B0: XBlxeoV
14; lambs, 34.606.
PRICE OF NEVADA . i
SHARES IN FRISCO
" 1 "' t .
San Franolsco, Sept 14. Official bid
PrlC ' OOLDFIELDS DISTRICT. ' ' '
Sandstorm 43c, Mohawk II. Colombia
Mt 49oA, Jumbo Ext 11.60, Vernal
16cA, Booth 89o. Blue Bull 82o. Adama
13o, Silver Pick B3c, B. B. Ext Jo., Blue,
Bell 16c, Dixie 8c, Hibernla TcA St.
Ivea 76c, Conqueror 10c. Blk. Bock 4e,
Lena Star 11c, O. Wonder teA, Potlaclt
5oA. Oro 19c, Kendall Ext Jc, Sandst.
Ext 8e, Mayne 6c Atlanta 46. Great
Bend 6O0, Empire 12c Red Top ExV jfc
Florence 34.05, Dlam'f B. B. Con., 16c,
O. Daisy 31.87. Commonwealth S7cA,
Comb. Fract 12.05. Or. Bend Ext IScA,
Or. Bend Anx. 9cA, Mlllstorra 35c Bj B
Bonanza 5o. Kewanos 69c Portland 18c,
Cracker Jack 18c, Francis Mohawk! 1.
Red Hill 61c, Mohawk Ext llo, Lou
Dfllon 9o, Y. Tiger 21c Grandma 16o.
a Pick Ext. 80A, T. Rose to. CoL Mt.
Ext 6cA, Ooldf. Cons. 16.82. Dlam'f.
Triangle 19c. , ,
COMSTOCK.
Ophir 31.2B. Mexican 67. Oould 4St
Curry 26o, Con. Virginia 80c Savage .
82c, Hale ft Norcroes 31.05. Yellow
Jacket 11.17, Belcher 10o Bierr Nev.
82c, Union 41c. jsV
BULLFROG DISTRICT.
Original 6c, Bullfrog M. C. 11c Mont
Bullfrog 8c, National Bank 17c, I Har
ris 2o. Amethyst 31.80, Gold Bar 63c.
Steinway 6cA, Denver Buf. Anne 6cA.
Bonnie Clare sso, waynower on. euc.
Monty. Ohio Ext 6c, G. Scepter 80,
Monty. Mt. llcA. Homestake Con. J8c,
Yankee Girl 80A, Nugget 4c Tramp Oon.
88c, Victor 6cA. North Star 60A. Sun
set 6 c. 1 ' .
TONOPAH. ' V -Ton.
Nev. lOo. Mont Ton, 1 1 A, Ton.
Ext. 31.26; MacNamara lie Midway
77c. Ton. North Star 19c. West JDml
Con. 74c, Reacue 12c Ton. Cat 4o,
Golden Anchor 12c Jim Butler lOo.
Ton. Home 4c. Boston Ton, lOcA. Mon
arch Pitta Ext 6c Mont. Mid. , Ext
8 8c A.
MANHATTAN DISTRICT.
Man. Con. 36c Man. M. Co, Io. O.
Wedge 6c, Sevier Hump. 6c Dexter 3o.
I,. Joe -c. Crescent 6c A, Granny 2 4o,
Mustang 20c. Little Orey 15c A, Cow.
boy Be A, Orig. Man. 10c A. Pin Nat 7c
Buffalo BcA, Indian Camp , 6c I .
V ARIOUS DISTRICTS.
Falrvlew Silver King 20oA Falrvlew
Eagle 31.40A. Nevada Hills 15. Pitts
burg Silver peak 11.46, North StarWon.
der 4c Eagle's Neat 81c Ruby Wonder
26cA, Alice of Wonder OCA. 4 -5,
Sunflower Philosophy. ,
From the Atchison Glob, , ,
Those least oapable of giving advlcs
give the most of it ,
A man who tries to work tip popu
larity nearly always winds up a loser.
There may be health and leisure l i
the simple life but there isn't any goo 1
nousexeeping.
criticise his mother to a book agent.
At the courthouse they say tf.sit
woman who sells property will lisng
the deed until she baa counted t-.
money over twice. i
Every one in a while man alsr
that this seems to be hie week for t
ing foolish things; ha could clu.r i .
truthfully 61 weeks in a year.
Are noses becoming better fee 1 - -
Of lata you may see a mother ) .
her child without making ifn-v
for- It 4oia at first sierht.
Some one ahouM Mttrin:
City clearing-house for thw .
the clothes of the J1.
not want to any otv v
and cotixei; . : v in 1
the moth litis i" f 1 : r '
pares tor a ; :
PY--1 t
If a (i1 is'
a . c
A man who. will go away to a strung
town ana anus nis noma town woi.. i