15
r
THE OREGON SUNDAY JOURNAL,' PORTLAND. SUNDAY MORNING, NOVEMBER 17, 1007.
, MORE HOrS USED IN MAK- L .'ill 1
INO BfiEIt THAN EVER tarMaref fatfews
BEFORE, SAY BREWERS r. 'n . -
W THE FINANCIAL WORLD
BUSINESS OUTLOOK IS
SHOWING IMPROVEMENT
IN ALMOST EVERY LINE
With the Trade
nrrn iiiirnn
. DECK MUM
USE MORE HOPS SBBB
too
$6.10
Russian, llo; bluestem, lie; Tailor,
tea.
CORN Whola III: cricked III ton.
BAKLET N Ftd. 327 0 27.60 Vt
ton; rolled, 130 VII) brewing, til.
HIE 61.66 per cwu
pnrt w
r. IIT.IO.
Jregon patents
, export
traham. vs,
whole wheaL 14.71 rye. 60s.
balee. 11.00.
lilt 1 U T' T TTdtKfl W A A ekAa
, . . i nil umu ur r o-Drin, vcv.vv vr n
Kola JVeW Dealer ana urcwer midtmnH, i??: ihwu.. .country,
HAT Producers' orles Tlmothr.Wll
llamett valley, fancy. 816.O0aH7.0O; or
dinary. 111.00 11.00; eastern Oregon,
IK.00i31t.O0: mixed. $18.00910 SO; do-
Cheat. ll0.00Oll.60.
Batter. Tm tuid PooJtry. v
BUTTER FAT F. o. b. Portland
Bweet cream, llo; sour, 19a
BUTTER Extra fancy creamery,
use; rancy.aoc; store, Oregon, zoo.
LUQS Extra fancy, candled, 16c
Says a Quarter Pound
' Has Been Added.
By Hyman II. Cohen.
The hop market touched new lo
levola the paat week for nominal bus
iness. At a lower ranee of values
ahort sellers have induced a few grow-
era to let go so they could make that I eastern storage, 17018a; eastern fresh.
inucn more, for ine qui ui i" son.
crop dealers could not buy at these low- CIIEKSE New Full cream, flats.
red iigur because growers say mat unc per lb; Young Americans,
the price haa already dropped to sucn i7U(Mfc rer lb.
a mark that they will not lose much POULTRY Nominal Mixed chick
more If tney hold swhlle longer. This I ens, 1010o per lb; fancy hens, 11c;
Is what they are going to do irora pres-1 roosters, old. 10c: fryers. lOHo: broil
ions. I ere, iuhc; aucks. HBi4o: geese, oia.
18c lb. for old;
ent Indications. I ers, 10c; docks. ll4M4o:
l ime ana lime again nave nm pri ibictiuo id turkeya ii
made the claim thai the crop in -ng-1 squabs. 12.90 joi; pigeons,
nlreona II Zt dos:
land and the continent was so great i a rested poultry. llo per lb nlgner.
that KuroDe did not need and would not I Mods. Wool and Hides.
bUv from the United States. This HOPS 1907 cron Choice. 74J8c:
statement has been proven absolutely I prim to choice. 6c; ordinary, Stftc:
raise Dy ma orziciai returns or in i uuo. cnoice, bc.
L'nlted Btates custom service which WOOL 1107 clip Valley, 20011a;
show that 9.483 bales had been ex- eastern uregon, igtfzic.
ported from New York from Beptem- MOHAIR Nest 1807 2 iff 29 He.
uer 1 io XNOvemoer 1, k iruinpttrou wilii i iij inuci, jiwiuu iu, itou,
s.429 bales for the same period a year 84rc; calves, green. 8to lb bulla
ago. i green sail. c ID.
8HEEFSKIN8 Shearing. 16 020c
escn nort wool. Z504Oc: medium
wool, 60 11.00 each; long wool. 76 it
$1 26 each.
TALLOW Prime. ner lb 104c:
No. 2 and grense, 131Uc
CHITTIM BARK fe.
Fruits and Terstables. v
POTATOKS Finrv IHi-R!l OH sell
ing; buying, white 76c per owt; sweets.
2 He pfr lb.
ONIONS Jobblnr nrlca Oremn.
12.26; buying, spot 13.00; futures. 1100;
gurllc 7c lb.
Al'I'LES New, 76c11.10.
FHKBH FRUITS Oranaea new. 11.60
4.0U: bananaa 6a lb: lemons. 18 f 6.60
box; limes, Mexican. 14 oer 100. pineap
ples. 15 a dozen: traDti. tlfftl.66: Con
cords. 12V4c; peaches, 20cll canta-
upes, 12.26; pears, 11.109 1.76 a box.
V'ECJETAHl.HH I'urnlni tinar 90c tS
11.00 sack; carrots, il.00 per sack;
neets. 90cll.00 rtr sack; parsnips.
11; cabbage, lc per lb: tomatoes. Oregon.
60c; beans. 6c: csullflower. to (3 90c lb:
ran. 6c: horseradish Ho lb: artlchokea
5ii76o doz: rreen onions i&e per dos:
bell peppers, 8c per lb; hothouse let
tuce, 11 box; cucumbers, hothouse.
doz; radishes. 16a dos bunches;
You have probably notlcsd. too. that
the brars have made no reference of
late to the greatness of the buglls!)
crop. There Is reason for this. The
farts are that all latest advices from
reliable sources state that the crop is
very small in fact so small that bear
dealers no longer are willing to state It.
Here on the coast the bear move
ment has been greater than elsewhere
in the united Htates, simply Decause ins
growers allow it Every year they al
low the bears to sell their hops before
they are grown, at prices that would
bankrupt every producer. Every year
the producers allow the bears to lead
them around by the nose. Practically
11 the news they read in some publi
cations sre edited by the bears them
selves. When news is not In the bears'
favor or It cannot be twisted that way;
they say nothing.
This year the growers of Oregon
were especially unfortunate In allow-ln-
the shorts to Influence them to plrk
their crops when there was every evi
dence that they would not secure a suf
ficient price to pay for the harvest. It
is not business for a buyer to go out
into the country and tell the producer
that hops are worth more money man
V , , Zr.p .rVav. h.V Vh7r h fP"Pan, 2 00 box; green corn.
;;; ; ; i , n . in. lery- oo; cranbemo
ii.,.nni T Th ,a,.n; . :..h.r h i . W Pr uarreL
crop so that the short seller might not Oroosttesy Wata, Sta.
suffer financial reverse by running up SUQAR California and Hawaiian
against a crop where the sales were Lube, 14.16; powdered, IS: berry
greater man supplies. i nis is wnai i te.av; ary granulated, la.eo; aaa gran
Kunr,AnA . n r I U I It t K ill- mi 1 E L A A.PU IJ
iiaii,cu linn J . i " - , Tw w, hVIIL, f 'D" I DA VI .
However, too many bales of hops are 15.30; golden U., 15.20; D. yellow,
produced in Oregon for the good of the lu lu; beet granulated. 16.60; bar-
price. If the present acreage was cut rela, 10c; half barrels, 26c; boxes. 60c
In hair and It win be as soon as the auvance on sack baa la
producers tire of nulling nt a loss the I (Above prices aril 10 days net cash
market will adjust itseir to normal quotations.;
conditions. It will be the arower who HONEY 12.60 per crata
in in the habit of leaving his yard to COFFEE Package brands, 115.11 0
take care of Itself and allowing his 'MS.
Flckers to gather hops, vines and poles; HALT Coarse Half ground. 100s,
hat will first be compelled to plow up fll 60 per ton; 60s. 114.00; table, dairy
Ms acreage. In a year or plenty trial bu" '-uv; iuos. 118.76; bales, IZ io
demand is of course smallest for the imported Liverpool, 60s, 20.00; loos,
poorer grades; prices being so low that
brewers are quite willing to pay for
beat nnslltv.
According to Kola Ncls, a hop dealer 100s, J1J.00.
hlmseir, nut formerly a Drewer. It is
Idle to talk of brewers usinjr lens hops
than formerly. 'Mr. Nels states that of
late years the tendency of brewers Is
to Instruct their brewmasters to use
more hops. "Give us the beer. Is the
way they talk," says Mr. Nels. "and use
all the hops you need." Furthermore
Mr. Nels states that the beermakers
use at least a quarter pound more of
hops to the- barrel than they have ever
used. Thi., too, refutes one of the pet
schemes of the Taeoma and Portland
bears.
JUST ARRIVED.
ONLY PESSIMISTS FIND FAULT
WITH PRESENT CONDITIONS
WHEAT IS MOVING AGAIN.
Small Volume of Sales Reported In
the Interior During Week.
Tgiere is again a Blight movement In
the wheat market. Most or tne dusi
ness has been with small millers of
the interior for the tidewater millers al
ready have more wheat than they can
safely handle at this time. Prices are
somewhat mixed on account of the long
Inactivity of the market. Quotations
as printed are nominal. An accurate
price cannot be obtained. Up In the
north the tendency Is to hold values
as high as possible In the papers and
this course Is being taken here too.
The truth of the matter however, is
that both sections are paying about the
same price at this time, and this false
quotation fools no one.
There has been a slight Increase in
flour sales to the Orient during the
past week. China hns entered the mar
ket again for a small amount, but
trade Is expected to show an Increase
soon. Japanese are inquiring regarding
the state of the market and the trade
Is hopeful that there will soon bo
something doing In that direction.
POTATOES ARE LOWER.
Drop Is Due to Enormous River Sup
plies In California Markets.
Lower prices are ruling In the potato
market as a result of the enormous sup
piles lately received in the San Fran
cisco markets. Supplies In the Bay City
are fully twice what they are ordinar
ily at this time of year. This Is due
to the holding back of supplies from
the river districts of California by
reason of the great freight blockade.
A - .BAAn tkl. i. '.It. 1 ..K
AO uuuu net who jo ticaiicu ul, i ! i n mar-u
ket will assume normal proportions .I
Onions are holding quite well in the
119.00; 4s, 118.00; extra fine barrels; 2a,
AM And 11 U A W K Crt. T li.Avnnnl I m m
roc, iju.bg per ton; 60-lb rock, HS.bo;
us, tJJ.Od.
(Above prices snnlv to sales of less
iimn cur iota, (jar lots ai special prices
budisci to fluctuations. I
RICE Imperial Japan. No. X. c; No
2, 6fef6o; New Orleans, head, 7c;
AJax, 6o ; Creole, 6c
BEAKS Small white. 14.26; larg-i
white, 14.10; pink, 14.10: bayou. 13.90;
Lirnas 16.60; Mexican reds, 4 He.
NUTS Peanuts. Jumbo. 8c per lb;
Virginia, 7o per lb; roasted, 99He
per lb; Japanese, 7c; rousted, 7j?9c
per lb; walnuts, California. 17 He per lb;
pine nuts, 14 0 15c per lb; hickory nuts,
10c par lb; Brazil nuts 18c per lb; fil
berts lfio per lb; fancy pecans, 18920c
per lb; almonds. 19c
Meats, rish and Provisions.
FRESH MEATS Front street Hogs,
fancy. 77Hc per lb; large, 607c per
lb; veal, extra, 9c per lb; ordinary.
TA8c per lb: heavy. 6 To per lb: mut
ton, tancy, 8(cfc per lb..
HAMS. BACCN, ETC. Portland pack
(local) hams, 10 to 12 lbs, UHcperlb;
14 to 16 lbs., 14 He per lb; 18 to 20 lbs.,
14 c; breakfast bacon, 1644) 23c per
ib; picnics, 10V4c per lb; cottage roll, 12c
per lb; steam rendered. 10s, 12Hc per
smoked, 12o per lb: s oked, 12c per lb;
clear backs, unsmoked, 12c; smoked. ICa
per lb: Union butts, 19 to IS lbs. un
smoked. 12c per lb; smoked 13o per Ib;
clear bellies, unsmoked. ilHc oer lb;
smoked, 13 V4o per lb; shoulders,' 12Va
per lb; pickled tongues. 70c -ach.
LOCAL LARD Kettle leaf. 10s. IS Ho
per lb; 6s, 12c per lb; 50-lb tins. 13c
jer lb; steam rendered, 10s, 12 He per
lb; 6s, 12 o per lb; compound, 10s,
9.c per lb.
FISH Rock cod, 7c per lb: flounders.
tc per id; nauout, c per lb; striped
buss, 15c per ib; catfish, 11 per lb; sal
mon, fresh Columbia silvers, 8c
per lb; herrings, 6c per lb; soles,
6c per Ib; shrimps, lOo per
lb; perch 6c per lb; tomcod, 7c per lb;
lobsters, 25c per lb: fresh mackerel, 8c
per lb; crawnsn. Z5o per dozen; stur
geon, t2Hc per lb; black bass. 20c per
lb; silver smelt 7c per Ib; blank cod,
i Ho per lb; crabs, 11 1.60 dozen.
OYSTERS Shoalwater buy, per gal
lon, js.du; per iuu-id. saca, &.ou: uiym
pia, per gallon, 12.40; per 100-lb. sack,
1S.OO6.50; Eagle, canned, 60o can; 17
dozen; eastern in sneu, i.tt per hun
dred.
CLAMS Hardshell, per box, 12.40;
razor ciams, ij.uv per uox; iuc per dog.
Paints, Goal Oil, Etc,
ROPE Pure manila, 14c; standard,
12'ic: sisal. 10e.
(JOAJL Oil-. water white, tanks 12Hc.
19C neanugni
By Hyman H. Cohen.
It takes even a bad sort of a pessi
mist these days to ay there Is much
of anything wrong with business con
dltlons. While to be sure there has
been a gradual falling off In transac
tlons in till marts of trade: the falllnc
orr is nurdly more noticeable than dur
ing other seasons, it is mid-season,
that's all.
It's too late for the rerular fall bus
tling and too early for holiday trade.
Within a week or 10 days the holiday
trade will mart in earnest. In the
wholesale markets of Portland the
trade Is more optimistic than It has
been for a month of Sundays. Ask any
business man along Front street In a
confidential way lust how his business
stands snd he will say that while there
might be some dullness with other
dealers his firm Is getting along swim
mingly, thank you. While, of course,
the firm would probably be able to do
more business than it Is at present,
trade at this time compares moat fav
orably with previous seasons.
There has been no noticeable cut in
the values of commodities along Front
street as a result of the recent tight
ness. In a few lines there are lower
prices to be Sure, but If you look at the
entire market you will find that the
change has been nominal.
As compared with a year ago: the
values ruling in produce are much In,
favor of producers. Supply and demand
govern in all Instances. A few days
ago there win u glut of chickens In the
produce markets, but that was not due
to the monetary situation. The fact Is
that chickens came too fast. They al
ways do at this time of year. Now
thero is a slacking up in the amount of
arrivals and the price has made Instant
response to this new condition.
There's the eg market, too. The
price holds Very firm at S5c for strictly
fresh ranch stock, despite the great In
flux of supplies sent from the east by
eastern dealers, who were speculating
on a shoestring. When there was a
slight hardening of money they were
forced to let go.
Flour Is high simply because there Is
a demand for It. The wheat and other
grain markets nut west are in the same
condition. Back In Chicago where they
buy a Tuahel of wheat by paying a
margin of probably 6c a bushel the
prices have dropped heavily, but If you
wanted the resl wheat it would cost you
almost the same price as It would be
fore Wall Street cried "wolf."
Had it not been for the fact that
Europe and the east withheld the mon
ey for our grain that rightfully be
longs here In the Pacific northwest
there would be no cessation In trade
whatever. Even as matters stand there
will be a demand for all products ss
soon as the monetary situation Is regulated.
CONFIDENCE IS
BEING REVIVED
Distrust in Financial Circles
Is Less Acute Than Dur
ing Recent Weeks.
EXPECTING $5
FOR HOGS
SOON
The Bottom Seems to Have
Dropped Out of Line in
Local Livestock Market.
PORTLAND LIVESTOCK RUN.
Hogs. (..attlrt. fstn-ep.
Past week ..
Week ago . . .
Year ago . . .
Previous year
914
.. 715
. .1000
. .1772
90U
120
8 ui
621
17'.9
794
120S
Car Foundry
Locomotive ..
Sugar
Smelter
Anaconda
STOCK MARKET GAINS.
Amalgamated.. . 1 11. & Hudson
t HIMo. Pacific
. H i Nat. Loud
.1 N. Y. Central. .
.1T4N. Pacific
. VPenn
Brooklyn People's Oas...
naaian lilleudlng
St, Paul 1H. Pacific
Col. Fuel UU. a Steel
Pacific lsi do pfd
STOCK MARKET LOSSES.
Atchison 1HC. & O
B. O 4 Erie
G. Northern, p.. 111. Central ...
Katy 1SI
14
Ta
1
i
H
1H
. H
-2H
. S
. A
1H
H
-
Chicago nr
VALUES
HIGHER
Advance Is Made at Close
While Opening Is Weak
With Liverpool Loss.
4 Journal's Crop Keport.
4 Western Oregon Fair Sunday; 4
4 westerly winds. 4
4 Western Washington Occa- 4
atonal .rain Sunday; westerly 4
4 winds. 4
4 Eastern Oregon, Eastern 4
4 Washington and Northern Idaho 4
4 Sunday probably fair. 4
4 Southern Idaho Sunday fair.
4 Weather conditions during the 4
4 past week were favorable for
the growing grain crop In all - 4
three of the north coast states. 4
4 Some plowing is reported in the 4
4 interior. 4
the receipts for the day In the west
were much below the run last year.
The local run today was 12.000 head,
and for Monday the estimate is 29.000,
for all next week 135,000.
Official Chicago prices, by leased
wire, Overbeck Cooke company:
WHEAT.
Deo.
May
July
Dec.
May
July
Dec.
Mar
July
Open. High. Low. Close.
93 54 944 3 94
101 103 4 101 lt!3H
.... 96, 97 96 H 97
CORN.
.... 64 H h4i 64 64
6514 6H 55 H 56
. ... 66 H 65 64 66
OATS.
.... 46H 46 4 4HB
49 49 49 49
45 45 44 45
MESS PORK.
Jan 1187 12S7 1276 1176
May ....1315 1320 1300 1300
LARD.
Jan 800 800 796 797
May 797 797 790 792
SHORT RIBS.
Jan (92 692 687 687
May 710 710 706 705 B
PRICE OF NEVADA
SHARES IN FRISCO
CHICAGO WHEAT VALUES.
Front street markets but there Is no 28c- Eocene ctseT iffi
demand from the outside. Vnr hlila.ne' cases, iSC, eocene, cases, 21H0
ganon.
GASOLINE 86 deg., cases, 24 Ho per
gai; iron ddis, 19c per gai
BENZINE 63 deg.. cases, 26c per gal;
iron bbls, 2ac per gal.
TURPENTINE In cases, 86c per gal;
wood bbls, 93c per gal.
WHITE LEAD Ton lots, 7c per Ib;
600-lb lots, 8c per lb; less lots, 8C
. WIRE NAILS Present basis at 11.20
per ktg.
New York Cotton Market.
-Nov.-
demand from the outside. For the
same reasons as cause the lower prices
In potatoes: our 6nions are not needed
In tho south at this time, and If we
try to force them into consumption it
will only result in a lower range of
values.
FRONT STREET REVIEWS.
Brief Mention of Many Lines of
Trade in the Produce Districts.
General trade conditions along Front
street are improving.
Potatoes and onions hold steady along
tne street, ino outsiae business, u row
ers more willing to sell too.
Large veal show a slight Improve
ment on account or tne great scarcity
of small sixes. Dressed hogs are
Hay market is somewhat easier, ow
U to the larger offerings.
,Oats show a slightly lower price,
owing to money conditions. Pro
ducers have little to sell.
Oranges are arriving In better shape.
Demand growing with prices lower.
Artichokes are- coming faster. Some
Improvement In demand.
Grapes are lower on account of the
smaller Inquiry. Consumers tired of
them, probably theJ best reason.
Cold storage peaches sold at all sorts
of prices during the week. Dealers
liquidating as fast ss possible.
Trade In figs, dates and other holi
day goods Is Improving.
Nut sales areJa.rge.rjU Urm-jjrlces..
Front street prices:
9-rata, Floor and. rasa.
t liiiTW Ana l r-iMnt -. . , -
lot: small lots, 1H& ' ..
W'EAT Nominal Club. Tej ' red .
Open. High. Low. 16 15
Jan. ...s 990 990 980 980 995
Feb 998 999 984 985 1000
Mch 998 1000 990 990 1005
April .... 1002 1002 993 993 1008
May .... 1006 1006 997 997 1012
June 998 1013
July .... 1004 1007 999 998 1013
Aug 999 999 99a 990 1005
Nov. .-.j 1005 1020
Dec. .... 1030 1030 1019 1020 1035
Liverpool Cotton Lower.
Liverpool. Nov. 16. Cotton futures
closed 7H to 9H points lower; spots 6
points down. ,
Nov. 16. Nov. 15.
Dec 94 94 H
May 103H 102
July 97 9t
Gain.
1
1
1906.
73
79
77
Chicago Cash Grains.
Chicago, Nov. 16. Cash sales, wheat.
No. 2 red. 95H96c; No. 3 red, 93
96c: No. 8 hard, 9699c; No. 3
hard, 929c; No, 8 spring, 93c
'Corn No. J, 58 o; No. 2, white, lc;
No. 2. yellow, 61 He; No. 3, 68 c: No.
licT 59Ci N" 3" yeUow- Slc; No. 4,
.iS?,1!0.,4' wihIte' 8c; No. 4,
white, 43344. a-
(L'nlted Preu Leased Wire.)
Chicago, Nov. 16. Liverpool showed
such weakness before tho wheat mar
ket opened here that the local operators
were ail ready for a break at the start.
The decline at Liverpool was from 1
to lc for futures, Induced by the im
mense shipments of the week from
this side, even though the exports from
other countries wre only 9,600,000
bushels. It was also a reason for weak
ness abroad Uiat the reports from Ar
gentina were favorable as to the pros
pect of a fine wheat crop. Local re
ceipts for the day were 20 cars com
pared with 32 the year before, while
Minneapolis and Duluth got 438 as
against 454 cars a year ago.
As the early weakness of the stock
market had been largely responsible for
the first decline in wheat, its recovery
on what Was supposed to be a favorable
DanK statement created a fee inir of
strength and there was a rapid Jump
from a decline of Hie. which nut the
price c over the previous day's final
figures.
The market for corn could not entice
support it needed with wheat showing
the heaviness It did at the opening.
Local receipts were 134 cars against
200 last year, and shinment 97 nno
bushels compared with 132.000 bushels
the year previous. Liverpool was easier
in sympathy with wheat as was the
case here.
With the limited trade in the oats
market the changes in price were not
important. Pit traders were inclined
to the selling aide and there was no
thing doing outside of the limited
quantities thus disposed of. Local re
ceipts were only 109 cars against 209
the like dav of the year before, and
shipments were 257,000 bushels. Total
of the day's receipts at the western
primary markets was 8S0.OO0 bushels
acainst 648.000 bushels last year. Es
timate of Monday's local receipts was
12 cars.
The market for hog products , was
firm because of the light offerings,
and an Inclination among some of the
shorts to cover. The hog market was
reported without change In price, and
f
(Leased Wire by Overbeck & Cooke Co.)
San Francisco. Nov. 16. Official bid
prices;
GOLD FIELD'S DISTRICT.
Sandstorm 19c, Mohawk 18.00. Colum
bia Mt. 16c, Jumbo Ext. 89c, Vernal 7c,
Pennsylvania lc. Kendall 11c, Booth 15c,
Blue Bull 17c, Sliver Pick 24c. Nev. Boy
2c, B. B. Ext. 4c, Blue Bell, 7c, Dixie 3c,
Hlbernia 2c. St. Ives 35c, Conqueror 4c,
Blk. Rock 2c, Lone Star 10c. G. Won
dor 2cA, Potlach 40cA, Oro 9e, Kendall
Ext. 3cA, Sandst. Ext. 4cA. Mavne 2c
Atlanta 22c, Great Bend 26c, Simerone
6c, empire tc, tien Top Ext. 13c. Flor
ence 12.55. Diam f B. B. Con. 15c. O.
Daisy 71c. Laguna 75c, Commonwealth
iuja. tomh. j. ract. 92c, ir. Bend Ext
he, ur. Bend Anx. lc, U. IS. Bonanza
1." T, -' , r, 1 U . Pumrl,la .A t , 1 , 1
8c, Cracker Jack 7c. Red Hill 23c, Mo-
haw 4c, i,ou Dillon 4c, x. Tiger 10c,
Grandma 6c, S. Pick Ext. 3c. Y. Rose
4c. Col. Mt. Ext. 3cA, Goldf. Cons. 13.95,
unm i. iriangie. ic.
COMSTOCK. (
Ophlr 97c, Mexican 19c, Gould & fur
ry 12c, Con. Virginia 35c. Savage 0c,
Hale & Norcross 3Sc, Yelldw Jacket
11.70, Belcher 16c. Confidence 70cA.
Sierra Nev. 27c, Exchequer 26c, Union
2tC
BULLFROG DISTRICT.
Original 3c. Bullf. M. C. 4c, Mont
Bulir. ic. .Mat. Hank 10c. L,. Harris 2cA,
Amethyst. 8c, Gold Bar 34c, Steinway
6cA, Denveo Buf. Anx. 4cA, Bonnie Clare
zoc, Mayri. uons. c, Monty. Ohio Ext.
3c, G. Scepter 3c, Monty. Mt. 6c Home
stake Cons. 62c, Nugget 2c, Tramp Cons.
20cA, Victor 2c.
TONOPAHS.
Ton. Nev. 17.60. Mont. Ton. 11. SO.
Ton. Ext. 95c, MacNamara 18c. Mid
way 44c, Ton. Belmont 86e, Ton. No.
Star 8c. Ohio Ton. 2c, West End Cons.
83c Rescue 3c, Ton. & Calif. 6cA,
Golden Anchor 6o. Jim Butler 44c, Ton.
uasn tioy oca. Ton. Home 3ca. Mon
arch Pitts Ex. 3cA, Mont. Mid. Ext.
3cA, Golden Crown 3cA.
MANHATTAN DISTRICT.
Mann. Cons. 30c. Manh. M. Co 2c,
G. Wedge 3c. Seyler Hump 4c. Dexter
10c, L. Joe lc. Crescent 3cA, Combinai
tlon 8cA, Granny 19cA, Mustang 12c,
Little Grey 8c A Cowboy 3cA, Orlg.
Manh. 6c, Broncho Sc, Plnenut 4c. Buf
falo ScA. 8, Dog 10c, T. Horse 2c,
Indian Camp Be -
VARIOUS DISTRICTS.
Fairv. Silver King 10c A. Nevada
Hills 13.S0, Pittsburg Silver Peak 11.05,
Eagle's Nest J7c. Alice of Wonder 4cA.
(Halted Preu LetMd Wirt.)
New Yirk. Nov. 16. Confidence Is
reviving gradually. Distrust Is less
acute than at the time of the runs on
rimuiclul Institutions although tho
Hhock then administered Is traveling
across the continent and starting the
urces of readjustment In general busi
ness with unsuspected severity. Our
hler trouble has been the demoralised
condition of (yodlt. The local banks
are handling the crisis with admirable
bklll and spirit, but are still crippled
by the universal loss of confidence, and
because of a temporary breakdown in
the credit system are unable to do their
full share of the country's business.
It Is estimated that fully 95 per cent
of the transactions In this country ar
Bettled by check or the transfer and
balancing of credits: yet In many In
stances the banks are now obliged to re
fuse credit on checks for deposit, the
result being a much heavier demand
than usual for currency in the maklna
of payments. Added to this exceptional
(lfmiinl Ih th4 IdmlAiirv ti hnurH r.uL,
not only by individuals but by some oil
the interior bank. Nothing could be
mTi harmful at such a time than
hoarding. This tendency, it is true, haa
been somewhat counteracted by the
premium or I to per cent on currency
out wio injury is serious nevertheless.
Fcrtunately the stock market has I
larg.ly If not fully, discounted the re
action. Security, values may go lower
in caae or rurther rinanclal difficulties j
but the shrinkage cannot now be ex
treme.
Wall street has passed through the
worst of the cyclone. Interior banks
have drawn neavlly on New York but
thin ought to be largely offset by the
big imports of gold that must shortly
give very auDsianiiai reiiei.
Adventure
Allollex . . .
Arcadian ..,
Atliiiitlc ..
F!lng!;nm
Butte Coals
Cal. & Aril.
Col. A Ileda.675
Centennial
Copper Mt
Santa Fe
Shannon
Tamarack
Trinity . . .
Utah
Victoria .
By Hyman II. Cohen.
Portland Union Stockyards, Nov. 16
A lower range of values In the local
livestock market at the close of the
week Is due to the tremendous pressure
through which the eastern market has
pasHed and from which It emerged with
prices slashed to splinters. Ths mar
ket here acted In sympathy with the
rem or tne country.
lloga were principally depressed and
prlcea are fully 60c lower than they
were a week ago. According to the trade
there In every prospect at this time
that lieHt hogs win go to 16 flat
price the market has not reached on
the north roust for many years. At
present It ranges about 25c above that
figure.
During the past week the run of
hogs whs 914 compared with 716 a
week ago, 1.000 a year ago and 1,771
two years ago for the same period. At
this time the packers are showing a
disposition to take the hogs but are
talking of a lower range. There is
but little call for light stuff snd raisers
would do bet tar by keeping them at
home for awhile, according 10 livestock
sellers for the pressing of additional
supplies upon the market would only j
result in a lower range or values.
Cattle Market Losss a Traction.
A fractional loss Is shown In the price
of cattle fnr the week's trade. Re
ceipts were 9U0 head compared with 120
a week ago. 808 a year ago and 621
head two years avo bnrlnr thm week
the Cflttle YnArket was dul. hut rnmlrl. I Reserves
erlna aeneral conditions held Its own I do loss
oulte well. The decline amounted to Loans
but 10c. opecie
In sheen there was considerable dull- Legal
ness apparent durlnc the six davs. With Deposits
smaller volume or arrivals than a circulation
week ago the trade thought that th
market would be able to hold quite well
but killers held off until they had
broken the prloe 25c, -
A year ago all markets held rather
steady at unchanged values,
official yard prlcas:
llugx Best eastern Oregon, 11.00
15 .50; China fats, 14.60.
Cattle Beat eastern Oregon steer.
13 H6K3 76: best cows and hslfers, I2.i
'a : 75. bulls, 11.711.00. .
Hheep Best wethers, 14.1504. i"!
mixed and best swes, 14.26; lambs, 14.2
J t 60. y .,
Another Drop In Hogs. .
Chicago, Nov. II. Official run:
Hogs, cattle uneen.
Clilrago 12,000 ' 1,000 .. 1,00
Kansas City ... 6,000 1,600 00
Omuh i 1,100 10 i , . . .
Hog are 10 cents lower; left ever
v. -Me,-, in v 4.oi)0. Receipts a rear ago
were j l ,chr. Mixed, 14.7SOB.40; heavy.
. Oli'rj & 40. rough, 84.10V4.se, UgOl,
li.Hoii n a;,
Cattle Hteady
Sheep Steady.
Boston Cupptr Market.
Hos'on. Nov. 16 Bid prices?
97Copper Range 41
21 Daly West... 10
3 I Fra-nklln ....
screens Can. .
4 Mass. ........ t
i:Mlchlgaa .... 74
91 Old Dom 20H
I Osceola ..... 7B
1 Parrot
27 Qulncy 71 .
1 Wolverine ...100
9Kalkalala ... t
65 i Black Mt ... 4
Ely 4
31 Dom. Cop. ... 1
4 Nlpplsslng . . 1
United States Government Bond.
New York, Nov. 14. Government
bonds:
Twos, registered ....
do coupon
Threes, registered . . .
do coupon
Threes, small bonds .,
DU. Columbia, 3-45s. .
Fours, registered, new.
Twos, Panama
Philippine 4s
Bid.
..104
..104
..102
. .102
..101
..114
..121
..104
..1014
Asked.
107H
147 ft
'101
f 101
Mt
its
New York Rank Statement,
New York, Nov. 14 Bank statement!
Decrease. incr
. .lLli2,125
B. . . 1.924,800
U.
164.BOO
771.800
4,414,000
1.42B.700
X.f ss.svv
LEAP
Official New York prices by leased
wire uveroecx & cooks lo.:
DESCRIPTION.
O
45
24
80
23
34
-II
-II
II
III
II
II
-II!
3 ? ? p
46 45 66
25 24 26
80 80 80
23 23 23
85 83 86
101 100 101
41 69 61
84
30 30 30 30
13
68 69 67 68
78 78 77 78
76
29 80 29 10
139 141 139 141
11 13 13 13
71
7 7 7 7
97 98 97 98
129U 130 129 1!tI
25 26 24 25
15 16 15 15
17 17 17 17
32 32 33 32 ,
42
12S 128 126 128
17 17 17 17
15 15 16 15
25 25 25 24
36
1111 108 110 I
ill9 116 116 II!
92 93 92 93
13 14 18 13
23 23 22 22
! 53
38 39 38 38
40 40 39 39
63 63 62 63
33 33 83 34
93 94 93 94
30 30 29 29
61
62
40 40 S9'i 39 V.
102105 I
19 19 I
iiACS'Nr.Tt 111
f"
THE AMERICAN
MINES COMPANY
Metaline Mining District
Will You Join Us in a Growing Mine?
One Where You Are Sure to Win
Situated in the Coming Lead District of America
WE OWN THE GROUND WE HAVE THE
ORE WE NEED MONEY
WHY DO WE NEED MONEY? ,
Am. C. C
Am. C. & F. com
do, pfd
Am. C. O., com . .
Am. Locu.. cum .
Am. Sugar, com. 100
Am. Smelt., com. 69
do, pfd
Anaconda M. Co
Am. Woolen, com
Atchison, com .
B. & O.. com . . .
do., pfd
Brooklyn R. T.. .
Can. Pac. com .
C. Leather, com.
do.. pM
C. & G. W.. com.
C. M. & St. P. .
C. & N. W ., com
Ches. & Ohio .
Col. F. & I-, com
Col. S com ,
do., 2d pfd
do.. 1st pfd
Dela. & Hudson
D. & R. U.. com
Erie, com
do.. 2d pfd. .
do.. 1st pfd
Great N., pfd ..110
Illinois Central .119&,
L. & N
Mex. Cen. Ry. .
M.. K. & T.. com
M.. K. & V. p
Distillers
Ore Lands
Missouri Pacific
National Lead.. .
New York Cent.
N. Y.. Ont. & W.
Norf. & West, c!
do preferred . .
North American.
Northern Pic. c. 104105
Pac. Mail SS. Co.! 19 i 19
Pennsylvania Ky. 10& 1 107
Peo. G.. L. & C. 73
Press. Steel Car c : 7
do preferred . .
Reading c
do 2d pra . . .
do 1st ntd. . . .
Rep. I. S. c. . .
Rock Island c. .
St. L. S. F. id p
do 1st prd.
Southern Pac. c! 65
do preferred. .101 !10J!101
To Develop Our Wonderful Showing
To Build Our Concentrating Mill
To Market Ouj- Product and
TO PAY DIVIDENDS
Capital Stock 1,500,000 Shares
Par Value $1.00 Per Share
600,000 Shares in Treasury
Fully Paid; Non-Assessable
Every Officer Has His Own Good Cash Invested
and Can Only Profit From Dividends As '
No One Receives Any Salary Until the
Mine Is Self-Supporting
President
Vice-President.
Secretary
Treasurer ,
OFFICERS
J. F. PEEBLER Portland Oregon
J. E. SHEARER, M. D Rosebur, Oregon
...S. B. EDWARDES Portland. Oregon
I. J. GAWLER Roseburg. Oregon
14
13
27
74 73
17 17
79 '76
14 'ii"
13 13
27 27
'66" "65"
Southern Ry. c.
do nref erred . .
Texas & Pacific.
T.. St. L. & W. c
do preferred . .
Union Pac. c. . .
do preferred. .
U. S. Rubber c. .
do preferred..
U. S. Steel Co. c
do preferred . .
Western I'nlon . .
11
18
33
107
4
22
80
11
18
83
109
3.12
81
11
18
32
106
63
22
7,9
I 1
17
67
79
67
75
14
13
27
69
63.
101
11
7
18
17
32
109
77
15
64
23
80
62
Total sales, 268.300 shares.
Stocks and Bonds
Both mlnlnir and industrial bourht and
sold on commission. Orders either bay
ing or 111ns executed on any stock
exchanee. . . -'... .-) '-' - .
H. W. DONOHOfc & CO.
6U JUcafjuufc 144T, 886 WaaUnftoa.
A Limited Block of the Treasury Stock Will Be
Sold at ' .
5c PER SHABE: :
Send in Your Application at Once
TOE L Y. KEADY
INVESTMENT COMPANY
307 FAILING BUILDING, PORTLAND, OR. ,
COR. 3RD and WASHINGTON STS.
THE CONSERVATIVE INVESTOH
INVE8TICIATES, TH BN INVESTS
Do this now. Don't hesitate, that you may reap your profits with ihs
r NATIONAL CEMENT CO.
Cement Is th balldlng- material of today. New York's fiubwav. Cim-m-ment
Dry Docks, the largest factories and offlc buildings, i'ini.iIeir ,i.j
new Subway are being constructed with cement. ,Cmnt is only i l- in
fancy. It'a th coming material for construction. Cheaper than .., -t
endurable as stone, we have but a umall block of this r i. 1 to i.i
"Waste no time. Writ today for prospectus. PAR TAtUi: $i
Shares 57.60 When cash accompanies orr, snd $ J OO la in,8".intf of
.10 per cent cash an 10 par ent moaUily. .wo tun jyu-us wU -oepted
foe less thaa 10( sharoa.
i SPRING GARDEN REALTY AID ClUn iMT" CI.
StTtTB 647, SBEXXXi BVTUUV0. r rLADS i-t JA, 9A..