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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Feb. 9, 1908)
15 !a.a t T HOP OROWEig DISGUST: THE FAST Ty0 SEASONS? THOUGH WE LOSE OMEN TAL TRADE FLOUR Mil LERS SEE OTnER OUTLET MmEFlMNCW yiitst lUrktt Reviews With the Trade OREGON SUNDAY JOURNAL. PORTLAND, SUNDAY MORNINO." FEBRUARY 0. JOO8. WORLD FLOUR DEf.lAlif v. ; Other Sections Areoia- ! j 1 ing Into Market.. , -"- Br Hysaau U. Cohen.' Xf. la Quit evident from th present outlook that American flour millers will oon have to look -for jsom other icld to unload' tlielr Surplus product, for with Japan already out as a competitor HMaid or a buyer and China oon to withdraw what iiUl buying It la fiow doing. It behooves the American miliar to move quickly in hie matter. . .. .- It la well nigh Impossible for Amer lea. ta roriln th flour trade 1n "the or! ant at fa at to any considerable d srraa for tha heavy duty Imposed on our manufactured product aa compared with in amau fluty on imported wneai. s-ivaa tha jaDaneae miliar ioo muoo lee way and fc la -auick 4o -take adwutUca or it. That tha Japanese trad la already laat la told and retold, on all a Idee by i tha American milling trade. Baa; manu- , raofurers are seeing the situation, too, i (or of lata ther have received no ordera i at all from the milling trade. Prac tically every one or tlie export, mills or the Pacific coast hn been ehut down because of the continued lac or orien tal business and only a. Sew mllle ra running to provide local constfmptlon. : Japanese Killing Xntezeata O rowing. The Toklo Chamber of .Commero Bulletin gives the following Investiga tion of the flour Industry of Japan la 4 late Issue: . "According- to the latest Investiga tions of the department of agriculture and commerce, the flour mills existing In Japan at the end of laat year totaled ll.m, the workmen employed number ing 11.84. aa agalnat Il.lM factories and 18,91 workmen recorded er the end of the previous year. The decrease is probably due to amalgamation among ' trie amaiier rectories, xne totai pruuuu-1 of THv65,3 In value, is agalnat 18 7- 71J.62U kin of Y11.I0,966 ta value tne previoua year. I - "The Nippon Selfun Kalaha in Toklo (capital VSOO.000) employe! Bteifi, boll- mrm naYins wv iiwi wiwr. j.u oup- poro Selfun Kalsha, the AfUauda Flour Mill fin ivodo; snu int rtagaaa.Ki aiu giko Kabuahlkl Kalsha rank next In importance, each having a. capital rang ing between T100.000 and Y160.000, the work being carried on oy using steam engines having 76 to ioo Horsepower, The Imperial Milling company. Toklo. Is the newest of the kind, being oatab? iisneag montn ago. ' "The largest flour mill where, toater power la utilised as the prime mover Is the Utsunomlya Selfun Kalsha, Tne isciory m iirvviueu who eigni turbine water wheels, indicating 60 horsepower, sua ii run n ofim oi mi larrst faC' torles in Japan, its capital .17V yoa.. COO. - There also exist 't.trmm h,r waiar "ae and ateam mo tor are -used. tT majority of them are cajryi business on a email SCale, T - vT. In m,n rflMfl Hpl n w yrtaken as subsidiary to the rlce rdaolng buslntss." YTae riona Instead of rived on tbia; alder It, w F ' J2n5 aenuble ahape and , aa ot unusually rrhral trwa itype of Japanaae oranne me ''H ' '""T."' .1 la superior In every way to due orfental article forced all tha trade JUa the liome " The T .range ' market jra. bvrtome what by the great aurpliea ,f V1?? fruit which came to Ah coast. an4 waa sold at rulnoua value t JZ feoted the aale 01 "I extreme low vaJuea.the Pu.5?f."? m i a luiram atware otl the fumigation, proceaa tbrtWgK whlca th fruit paaseci - . , v, , I ' FTIONT STREET REITEW. WpiLE THE PIOnT IS WAGING. Brief MAiUon of Varlotu .Liiieg of Prodnca. Trade of tho weest. Rim nt salmon la amaller again la the oiumbl. and Tv,ll"Vt" . aoua gill a -smei, 1 Apple, ara .ailing betta. l rteea Wheat market la about .lo lower for e week. .' f. ' JmIm m Mllireeds adTancea 7 21,Jt e six dare, because of the meager 'fiymarket la tee41er. 32. y is not offering so freely aadurlag first day a or n swr. '";,; ront stfeetaelle at th following DriAu.mM anispera are leas lVvBH ' a a w r - rular ewBiaslonw . rain. om aaa Teed, "blUIN BAQ1 Calcutta, loj Urge HAT1 -''frictVB--Clb. Hei re Huaalan. IOcj biuestem,. sio, vai OPN WTiol'a. HI: jra;. ton. ARLET New Feed. $i per ton; roid 2Svi; brewing, )ii, Itb par ewu bAVR New Producers .price No. . W . - - A . . b mm mm mm m jrhlte Ml, -per oa J?rm lXJUK Eastern Oregon patents. Iff Nice to Be the Consumer Until Ther Make Up. M.JO li.lt; I4.TIT. trala-hta. vaftv. i4.SOtfi.IO; graham. Ha. 14.10; ax porta, tl.10; (s It.iO; rye, has wheat. balci ti MIJX iTOTTS Nominal Bran. 131 V lion; niauiuit iwraj amwrva. counvy j7; city, szo; cnop. miz. 1 'mm VVUl ra a i"ve auuviii, wiilintU valley, fancy no; ordin GREEN BUGS AGAIN PAY VISIT TO SOUTHWEST WHEAT FIELDS arr, iel I10O i nun- clover. tlOAll: em In ll ebeat, ivVJ; anaira, ii2d t IfrAm.Aiitwanl jinnearanca It looka aa If the Japanese are beginning to discard lice aa the national diet and using flour products in its place. Bread la actu ally becoming a regular article of trade in japan, consiaenng me isci uwi waa a Portland miller Theodore B. Wlleoxwho first aucceaefully Intro duced American flour to the orient. It seems rather sad that after building this trade up to a great height it should be auddenly ruined by the Imposition of A htVV tfi.X. I The wheat crop of Japan la showing and a large acreage ie being sown In Manchuria to supply the Japanese mill ers with grain. This latter will have an effect upon our wheat sales, for while Janan la not burin any flour. It Is t akin w unma wheal from aa to supple ment what It haa of It. own and what la brought In from tae Argentine. Vast Tjook to Home Demand. . Every year It becomes more apprnt that tne lime is not ibx aieiam wu tk . TTnlt1 Rtntna will not have) any m,mmA a.iraliia nt whut tn fXDOrt and sina me iimi vi uur yniuuuuuu " mmt reached at in la lime. in in' creasing population in the United States la taking mucfi more flour thsin form erly, ao the loss of a foreign, market will not be ao much of a blow to the wheat Industry aa nrst believea. anere la alwava an Inareaslna: call for our wheat from Europe, ao while we iay not make tha flour for the orient we1 will be able to aell our wheat at a good price anvwar. ; H there Is a growing demand for flour even Africa la coming Into the warket for larger supplies every aeson. While W lose one market we are gmnin iww. I r 1; TDIE FOR BUTTER DROP. .MJOOU.B tane anew u jiotui Ton -Too Much Oatsde Stuff. It la getting the tme for the butter market to drop because of the larger supplies of cream jmcn win soon .come to the makers. Ffutter generally reaches Its height fluruitf ueDruary, out supplies of cold storage are ao great that It is not thought that any further nAvmnrm will be made ithla season. In fact, all Indications rfioint the other jiway. Very choice ereAmery butter la selling In the Portland) market at SOo a pound, although city J creamerlea con tinue to charge 87Hc for their extra ;ar lower than Portland and In the :.Mh th Aaciina 1. nlilte. rapid. H Eggs touched a new ilow level for tha Iwlnfer season this week and sales were ireported during tne pjast nours aa (low as Supplies lire Increasing be (cause of the milder weather, j In poultry there hasj been quite a fair Memand around 13c ti pound for live ichickens, with fancy eioops of hens scll dng c higher than ifhls. The market Iseems to be on an ed,ge and would not 'likely hold good If recelpta became too rlbJDreesed meats of all kinds were Jn Sverv irood demand Along Front street during me woe, the latter portion rather small. j LOWER POTATO PRICES. Practically No Southern Demand Re ported in Portland at Moment. I'Towcir ortces are ruling In the local Utato market 'here iao IHUe out- elde demand lt MAVm hTi and none of the local buyers seem in a taoof to do business. , The few transac Rions' reported Jdurlng tha week were gener J Paround: 605B?. eoufbj ale or two of something select waa inade at 0o, f. . b. ahlpplng polnta. J" Onions are holding their own at coun-u-lrf nnintkJ but there la an Easier Voni in this market, and mosf ales are made at It Or uhder. Growers are still holding out for 13. California markets are lower because of arrival of eastern supplies, - r... 'i-z,- aasaaaaaBaaaBjaawaaBBaaaawar- , . ' 3AT$ LOSE ORANGE TRADE. - BUTC , m ordinal, sscondBn Enol 2Hc; V liio pi Ih. The Pacific northwest la always In lsek when It comes to weather (or Just 11; eastern Oregon, 117, mixed, at the time when It looked aa If the wheat would be frosen by tha sold snap: alone came a large amount .x snow and now the plants ara wall pro tected In most locations. (3 rain men disagree whether any damage was dons by tha cold weather proceeding tha snowfall but all agree that tha damage, If any, waa light. In the east the conditions ara rather miiart with rreen bucrs working over time in Kansas, lr reports are to oe on- attar. 4gge aad Poultry. irtJxTlCK FAT T. o. Portland vvM.tr ream. ISo: aour. 14a eh-Kxtra ranrr rraan eraan. o: fancy. o; cnoice, szhvoi He; pest storage, Vioc; ioe, zee: store, auo a pouca. Extra fancy, candled. Ill stern stores. 17o doien. K New Full eroam, flste, r. . - i r mi if r id; i aung Americana, no per ,,,veL Tha gt- !uU Mod,rn Mil ler, one of the world's leading milling KSfr&S1 it WiTC. ?M t-irU0Oi. Ta. secSrV7heU?onowSng ZJfttl 'Jl fto- frviis? liaiKo' h-' rr B- c- Jckon f Lawrence. Kan- Sfi V. i nir i'h- 7irka V - Ha Is an expert on the green bug ollerei ( ) per lb. Sacks .). geese, anA Unnw, th. nec-.-itv of meetin. Its el. lUT.e lb; SQuabi. tl.ii di rV.PlolZSZ TromT. t!? &&S;wM e.riie' d'o? to be arver? itlreWg' matted bJfo I Wo per lb higher, wild geese. )40S doa th,. c ye'ir , over If tner j. lie roos broil see before ntvin v.ir la Avar, ir tnara la not some provision made to take care of the trouble it win ao immense damage. Professor Hunter, of the state univer sity, is making some interesting ob servations. He has a small lot of green bugs, which he is observing and the morning the thermometer was six, de gress above sero in the afternoon of that day these bugs were alive and working. As they are a new pest It is nnt L-nnvn limt what temnarature will fellKF-PSklNS Shearing, lie O10e affect them, but we have not bad It each; inort wool, sdcsmoc: medium, cold enougn as yet, stops. Wool aad atldea. HOPS 1007 crop, first prima. Ic: prime, , 6Hc; medium to prime, lUc; medium, 4 50 lb; 1B06 crop, 10!o lb; contractu, 1V08, lOOlla WUOli iu7 cup voiiey, italic; eastern jyregpn.liH 1C UUUAltl OZWtfeO, H1DH8 Dry hides. llOlio n: rreen. 4fic ealvea, green, Tei kips, to lb: MiiiA. green salt. iio is Modprn Miller also srlves the follow ing answers in regard to Its query aa to tne existence oi green ours; President of the Hobart Mill Jie- wood. aocuii aacn: long wool tmo 11,25 et'eh. TALI 0W Prime, per lb. loOio; No. 1 j nit r reuse. lAiUa CHIT TIM BARK 60. - I vator company, Hobart, uxianoma: "I Trulta aad Vegetables. took a trip Ust Sunday II mile, into potatoes riincv zoufi.e, Mil. the country and the wheat looks very lng: buying, WllUmette vahey. 606o; pick It looks a great deal like when eastern Multnomah and Clucknmaa. 6& the bug worked In It last year. The Wuc per cwt; sweets, iho, top 1,1 r... u r ONIONS Jobbing nrice. 1S.00CI.15: ception of a field now and then. I have buying, spot. 12.(0: garlle. 7e per lb. I made inquiries this ween rrom rarmera mL&Vlict: Too: rancv IMU hauling wheat to the mill and they chotie, I1.26U1.60; ordinary, 00c 1 1.00. 1 claim their wheat la in the same con if nr. 011 J1.UUH oranges, new, . whiw- .... . aii. kiinni. t ik. i.mnn. timCAl 1 Mrftr Mill eoMiDinr. Altua. Oklahoma box: llmee. Mexican 'l oer 100: "There la some little complaint of hes- btneapplea. 14 04.60 dosen: peara. fan- slan fly, but no serious o amage. ro n-r tl lOMl ft' mlnarv ll a hoi: fan. I rreen burl are resorted. The arrowing gerlr.ee, 1.76 a box; Jap oranges, 409 crop ' 1" e0d condition, but tna aore- vo a box; persimmons, l.7t. I ago is lignt. VEGETABl.Efl TurnlDS. new. 60O I waaalaa snv In Flalda. iva. ucx: . rarrtiia. Dun ner inric: neeia. I K . . ...... . m tiAlio nir aaTTMttTMh: . ea-fatierson Milling company, wr 11.60; Florida, I6.Z6; beans, 16c; cauii- "'rJX- ,. T. VrnrT of whuii mu i.r r-minZr.m i i n i 9i a. . fly. since the last crop or wneat was a. v n wa . biiiui uiaai ba.iv mjt m.tt w uuai a I . , . local 76oO!l: peas. 10c: horseradish. So. lb; artichokes,' 60c1.00 dos; green onions, 16o doaen; peppers, 17c; hot house lettuce, 1. 2601.60 box; cueum- oers, notnouse, oosen: raaisnes, l&o dozen bunches; eggplant, lie up; celery1. S3. 60 crate: cranberries, eastern. luiu sprouts, so per id. Groceries, Huts, Zte. RnnAHlllfornl anil Hawaiian.. Cube, 6; powdered. 16.85; berry, 106; dry granulated, 16.66; XXX gran ulated, 15.40; conf. A., 15.65; extra B 16.16; golden G., 5.06; D. yellow, 14.95: beet granulated. 15.46; bar rels, 16c; half barrels, 10c; boxes, !6o advance on sack oasla (Above prices are 10 daya net cash quotations.; fiuiNK. f3. e per crate. COFFaWPaokaae branda. I1S.II0 SALT Coarse Half ground. sown. One farmer reports lira green buga here on January 21. On Jaauary 16 the temperature registered 16 de gree a above sero. Cold weather don't seem to kill them." Kingfisher Mill Elevator company. Kingfisher, Oklahoma: "Green-bug tall la quite common, but we don't take much atock In it. However, we would like to aee a cold spell so aa te allay all fear of the pest Tha acreage la only one-fourth of the usual orop. There is but little old wheat In farmers' bands." Oklahoma City Mill A Elevator com pany, Oklahoma City, Oklahoma: "We have beard of no hessian fly In Okla homa, but have heard of some green buga The entomologist st the Still water 'experiment station, savs this Is not the oat louse, but a different sort of Insect. Farmers have reported no buga in this Immediate vicinity." Arkansas Valley drain company, Wichita, Kansas: "From the best In formation we can gather the crop is not thriving and has a general daadlsh appearance, which has been caused, partly by the hessian fly. but attribut able partly to lack of moisture. The crop generally needs rain or snow. We have some talk of green bugs and really believe that some are to be found, but It Is too early to make predictions aa to what they will do." Sealer Ara Pessimistic. Btevens-SCott Oraln company. Wlelv Ita, Kansas: "We think there is no ques tion hut that tha wheat cron has been damaged by the bugs. Some of fhe dealers out in the country claim th; under present condltlona there will be no wneat raised at tneir respective polnta. but of eourse It Is too early to make such a claim as this. Our local buvers are reoortlnx the presence bugs in the wneat and we are inclined to think some of the damage stories ara not without foundation. W. B. Johnston. Enid. Oklahoma "There are all kinds of reports from different places of damage by the green bug ana by tne nessian ny. me green bus- la here beyond any doubt which Is verified by reports to us and also by the experiment station at siiuwaier. The question is whether they are here in sufficient quantities to destroy the crop or not and wnetner weatner eon ditlona will be In their favor." John Dean, K II dare, Oklahoma: 'Tea, we have a few of the green buga and our earlv sown wheat last fall shows a little damage, uur rarmers are reel in discouraged. While there la no serious damage yet, it looks bad." IMBED Br BIG SHIPMENTS Wheat Starts and Finishes Bad Broomhall Cables Lower European. CHICAGO WHEAT MABKKET. Onen. Close. JFeb. 7. Lose. May 7 74 ' MH July 16 is rhioaao. Pah 8. Wheat traders had for their first inspiration tha regular reeent morning doxen of bearish statis tics. May wheat sold at tne commence ment at from I7Wo down to 17 Ho, re covered to 08c, and again ran down to. a ahade lower than before, and that all within the first half hour. Bearish in fluences were the eatlmated heavy anlp tnanta ta tha ImDortlna countries, as cabled bv Broomhall. and the lower nrlcaa far ruturea at Liverpool, uiv erpool futures were from d to Ha lower. Berlin Ue down. Antwerp from So to ltto higher, and Budapest up la a busnei. ...... Trada bad an accession of activity in tha course of the next half hour, and at the further expense or tne price, which showed at. the end of that time a loss of 1540 DOta on in a aiay anu juiy deliveries. . . Trade in the corn market was com paratively llgnt at tne opening, ana In sympathy with the lower tendency of wheat at the time prices were a trifle lower. When the leading market had further decline later in tea oay u had the effect of Increasing tne fle ellna in corn which had lost Uo in the first hour. Liverpool futures were from unohanged to V4d lower. Tha market for oats wss almost en tlrely neglected, and. while the other mini wara on the down arade. it also followed the general aireotion. The market for Drovlslons could nol avoid the Influence of the Saturday hogs receipts entirely, and later a sharp decline in the grain market waa another reason that modified the strength displayed at tha opening. Cash sales: Wheat Winter No. I red. !4Vle Nn 1 red. 3Tt097c: No. 2 hard. 5t4cffl 11.02: No, I hard, 9S?4c4jl; No. I, 1 80 'I1.0J. rnrnKo. .1. l4ft64Ue! No. I White. 64 t 6 So: No. 2 yellow. 64HG55tto; No. 4, 62JHC. - Date no. a wnue, eiueio; no, htte, 4t!l51Ko. Range of values: WHEAT. Open. High. Low. Close. 3S 04 11 tS CORN, lilt 61 -4 I1J4 I1H 632 69 6H it? OATS. 61 61Vi 61 II H .... .... 44 MESS PORK. May ......1200 1222 1200 1101 July 7 1240 lioe it n May July May July May July OREGON HOP INDUSTRY IS IN . GRAVEST DANGER OF ITS HISTORY By Hymen H. Cohen. Unless hop growers do something for thenselves In the near future way might aa well quit the buslnesa. The condltlona that confront them at the moment are the most serious they have ever been called upon to meat which dim bv comparison the i AA. I aiiffarlno-a thev hnva been forced tO 111.60 per ton: 60s, 114.00; table, dairy endure by reason of the low prices that 10a, lft.00: 100a. 118.76; bales. 12.60; have ruled for two years. Imported Liverpool, 60s, I2o.0e; 100a. Another and In fact two years mora in.uu; es, la.vu; extra line varreis, za 1 vna m ' """" . . n- ft, c rt C en, t . -. . 1 !..... I I... nnnllttAn. ohnw a rAtllrAl CnanffS rock, 120.60 per to; 60-lb rock, 111.10; for the better. They must plow up half IVVS, 13.VU. line prBiil. aurcaao. iiioi w.w.. " (Above prices apply to aalea of less salvation. Unless they do that there than car lots. Car lots at special prices is little light ahead for them, subject to fluctuations.) Unless there occurs something that KlUH imperial Japan, no, l, c; wo. win cause a complete reversal oi ira 6A6lc: New Orleans, head. 7c; I present outlook Oregon will produce Ajax. 6c; Creole, 14 c. fully 200.000 bales of hops the. coming BEANS Small white. 14.26; large season; this being added to the enor white. 14.10; pink, 14.10; bayou, 13.00; mous supplies now on the market and Llmaa.j6.60; Mexican reds, 4 Ha waiting buyers because of the great NUTS Peanuts, Jumbo, 7o per lb; overproduction of the past two sea Virginia, 6o per lb; roasted. So BOns. Not even the most sanguine bear per lb; Japanese, 6 4 6 c; roasted, 8o believed at the start of the season that per lbl walnut a, caiuornia, ioo per to; there was over 120,000 bales or hops in Dine nuts. 16a Der lb: hlckorv nuts. I nrn mi nf tha 1907 rrnn. Fia-ures lOo per lb; bratll nuta, 16o per lb; fll- now being compiled and wWeh are al berta 15o per lb; fancy pecans. 16020c most completed, show that the crop per in: aimonaa. tea during the eeason waa at least iso.ooo afaata. nxb. and lerovtelnna. bales. I'd to February 1 somewhat DRESSED MEATS Front street about 13,000 bales had been snipped our u. . , -m. it.. lAiiu.. of tha state, or tnis amount it is U?Se? itfU lb: "ieZ. extra! SffioSS. estimated that 6,000 bales were of the per lb; ordinary, 80o per lb; heavy. 1106 crop; thus giving the total ship 7 80 per lb; mutton.Tfancy, llo per lb. menta of 1907s to date as 97,000 bales. I'M Fumigated Fruit Does Not Take Well j i With raciAc Conat Consumer. ' j It la quit unlikely that the Japanese Wange.wlll again get a foothold In tha I'aclfio coast markets. This year every shipment from the orient was f umi- tne .autnorities Decauae dx HAMS. BACON. ETC. Portlan.i nack (looal) hams. io to 12 lbs.. 12'ac per ib: 14 to 16 lba. 12c per lb; 18 to 20 lbs., 12o; breakfast bacon, 15U22tto per lbs plcrJca, Itopar lb; cottage roil, 140 ?er lb; regular short clears, smoked, le per lb; unsmoked, 10c per lb; lear pacas, unsraogea, iuc; smokeo, lie; This would leave over 40.000 bales left In the state. Of this amount it is now estimated, according to the fig ures now being prepared by leading dealers, there are about $6,000 bales re maining unsold in the hands of grow ers; the remaining amount in the state being held by local dealera and for Eastern account. Iftrnrea Ara a Surprise. The compilers of these figures were simply staggered by the revelations their labors disclosed. Ona of them In sDeaklfia of the matter yesterday. said he had no Idea that ao many bales of hops were picked, "If It had not been for The Journal's warning Just about picking time," be says, "there wouia nave oeon picked upward or 200.000 bales the past season. The rest of the hops were not picked and the growers should give The Journal credit ror saving tnem tne money, ir they had taken The Journal's advice and not picked a bale the present situation wouid not do snown. Acreage Za Increasing. One surprising feature of the pres ent investigations being made of the hop situation Is that the acreage so much heralded as being greatly de creasing by plowing; Is actually show ing an enormous Increase. A number of new yards of large else are being gianceo in tne wuiametta vauey. in allfornla, Llellenthal has planted 750 acres, Clem Horst 800 acres and Louis worst &uu acres. Harry Plncus of Pincua & Bona of racoma, nfo .gnowa more of the hop business of the state of Washington than any other dealer, states that there naa oeen a consioerapie amount or talk of hopyards being plowed up but at this time most of them are being cultivated ror tne coming crop. 12 Vic; sisal, 10 Vie. " COAL OIL Water white, tanks, lIMei case, 18 Vic; headlight, eases. SOo; K...T. ,4- fiT: tiV I Elane, cases. I so; icooena. caaee, xio 12o per lb; smoked, lie per lb; clear qaS belliea, unsmoked 12 Vic per lb: smoked 11 Vie per lb; shoulders. lOo; per lb; Dlckled toncues. 70o oacn. LOCAL LARD Kettle leaf,' 10a, It Me per lb; 6s, llo per lb- to-lb. tins, 12o per lb; steam rendered, 10s, 11 Ho per lb; 6a, llo per lb; compound. 10a. lVLJ"r lb. fish; Rock OOd. lSUo lb! flounders. 6o per lb; halibut, 10o per lb; strtped baaa, 15o per lb; catfish, lie per Ib; sal mon, Chinook, 12 Ve; ateelhead,- 12a per- io; iroaen,- so; nerrings, Bo lb; soles, 7o lb; shrimps, ioo per GASOLINE 16 der- casea. 24Uo per gal; Iron bbls, He per gal, BENZINE 86 deg., cases, 28o per gal.' Iron bbl 23e per gal . . TURPEKTINE In caeee. llo par gal; wood bbls, sc per gaL WHITE LEAD Ton lota. Tie ter lb: 600-lb lota. 8o per lb; leas lota, IVle. WIRE NAILS Present basis at 11.10. - Market Day Saccejs.' (Special Dlipatcb to The JaaraaL) Pendleton. Or,. 2Feb. 8. The second Ib; percbr e per lb; tomcod. llo per lb; market day la proving a great auccesa. lobsters, S5o Per lb.! fresh mackerel, 8oFlve hundred people are In the city. per lb: crawfish, too per dosen; stur geon, 11 Ho per lb; black base. SOo per Ib; sliver smelt 7o per lb; Columbia smelt, 7c: black cod, 71c lb; crabs, 11.00 1.60 doaea - , OTSTERS Shoal water bay, per gal' Ion: 1.6; per 10Mb sack. 15.00: Olym- rla. per gallon, 13.40; par 100-lb sack, 6.0006.10; .Eagle, canned, lOo can: 17 dosen; eastern la ah ell, 1 1.7 1 per hun dred. - , , ! '; y CLAMS -He rdahelL- per box. M; rasog clams. 11.00 per box: ioo per doa. ralata. Coal OIL St. nafn4 : kw tome'lnifectlon,! ao when the Jrua w 1 -ROPE Purg .PJanUa, jci. (tanOard. ctnir a aellinr well. The sales will probably amount to over 16,000. Steelhead Salmon Ron. 7 (dnerlal Dispatch te The JenreiLl Hoqulam. Waah Peb. 8. The run of ateelhead aalmen la now on and eome good catchea ara being made, although pot equal to those of .the same time laat year. . v - 1 Tacoma. Wheat Market. NEVADA TacOma, Feb. f. Wheat, export, club, I at 7s6d, a net lose of d from Tri tOo; blueatem, Mot. lad. Ito. .. . 1 day., . . , .3 . -, . " '. EOF SHARES IN FRISCO . San Francisco, Feb. 8 Closing prices: Sandstorm !4o, Red Top Ext. lie, Columbia Mt 23c, Jumbo Ext. 63c Sil ver Pick lie. Black Butte Ext 4c, At lanta 17c, Great Bend 46c, Florence 14.67. Diam. B. B. Cons, lie. Comb. Fraction 82c, Red Hill !6o. Tellow Tiger lSe, Yellow Rose leA, Goldf, Cona. tf.lt. . BULLFROG DISTRICT. Llge Harrla lc TONOPAH DISTRICT. Ton Nevada tl.SO. Mac Nam ara 8 Sc. Ton Belmont 11.81, North SUr 18c, Jim Butler 45c -S , SCATTERED DISTRICTS. Nevada Hills. IMS. Pittsburg S liver Peek 11.15, Eagles' Nest 8 So. Liverpool Wheat Lower. Liverpool, Feb. 8. May wheat closed COPPER THE BOSTON MARKET (Furnished by Overbeck A Cooke Co.) Boston, eo. urriciai pnrea Adventure .... 2Vi Allover 29 Atlanta 11H Bingham 6Vi Cal. Heel a. 615 Copper Range. 61 Daly Weat ...81 V Glron 1V4 Old Dom. Osceola . Qulncy .. trinity . ..Si V. ..85 ..14V4 Dom. CoDDer.. 1 C. Ely 7V4 Gold Hill 1 Greene Coroner V4 Michigan 11 Vi North Butte ..47 Nevada Cons... 9Vt U4 HEAVY LOSSES SIM III CASH Beserve of . New York De creased While Increase Ilad Been Expected. STOCK MARKET LOSSES. Amalgamated ..1 Sugar 1H Colo. Fuel .... Vfc Brooklyn SH Peoples Gas... U. A. steel .... S do pfd. Y Atohlaon 1 B. A O. ...,..1V A. Smelter ....2 N. Y. Central . g N, P , ,,,,.,,1V4 Anaconda Canadian U N. Missouri Penns. . Readln Pao.. nuaumv ....... 71 Rock Island ... V S, P lC St. Paul eel U. P. N. 4 W. a o. . miiion FOfr LIVESTOCK Hill i aaaaaaananananan ' k Estabiishing of S. & S. Con cern Here Means Ecal ) Figlit for Supplies, "1 PORTLAND LIVESTOCK RUN. Hoa-a. Cattle. Sheen. rest week ,.,...275 191 ill 1006 101 1905 120 .860 , 100 217 ley. 64 1 24 1,711 1 I. " (United Frees Leased Wire.) New York, Feb. I. The new atate ments of banks and trust companies outside of the clearing house, arranged for by State Superintendent of Banking William a. were made nubile today. In connection with their publication the clearing nouso maae a raaioai onanae in the form of Issuing the weekly bank statement Not only were the flguree of averages of the associated banks for the week made public, but a set of fig ures regarding the actiial condltlona of tna oanas at ma ciuaa vi uuamoaa Friday night waa given out Aa a re sult of the action of the superintendent the syndloata community will be able in the future to gain a clear Idea of tha real condition of all the financial insti tutions in Greater New York. The fraure of the system averagea of me associatea panics was an unex- rected decrease in cash, amounting to 10,971.000, whereaa preliminary esti mates had Indicated a gain of f 1,000,000 to 11,600.000 In cash. The loans Increased 15.169.600 and depoalta Increased 11,117,000. As a re sult of these various changes there was a decrease of 110.694.660 in the surplus reserve above the 26 per cent of the amount of deposits required by the clearing bouse rules, which made the amount of surplus reserve 129,811,121. Tha figures of the new statements of banks and trust companies Outside of the clearing house, made up as a basis of averages, showed a grand total of loans for (lie outside Institutions of 1770,210.800; specie, 111,171,100; legal tender, 110,724,700. The clearing house also resumed to day the publication of the detailed statement of averages of sack of its members. atone Keeps Harket Up. The stock market shows surprising resistance to unfavorable news. Un usual trade reaction, declining railroad earnings and diminishing .profits would ordinarily exercise a depreaxing effect upon values, but In spite of these condi tions prices have been well maintained, partly owing to the continued ease in money, partly because unfavorable de velopments have been well discounted and partly becaune the market haa had support of powerful Interests. The most encouraging element in the financial situation is the continued de mand for bonds, showing that there are funds awaiting investment ana mar safety Is Just now a more Important factor than prices. Among the large holders there is hone that Dresent busl- nes depression will not last long. Al ready many concerns which shut down are restarting, ana wim ins ap proach of spring, further Improvement snouid naiuraiiy ronow. General buslnesa Is now going through a similar process of readjust ment to that which occurred on the stock exchange. As soon as confidence revives, which Is a matter of time. business .will be helped toward a fresh start by a reduction In cost of produc tion. Range or values: 8 Vi'Shannon Victoria iK Butte Coal ...18 . United Cop. ... 6 Parrot IS Vi WEEKLY STATEMENT OF ALL MEW YORK BANKS nm York Feb. 8. Today's bank atatement not only Includes tha Nation al banks, but all the trust companies alaA? Resrve I"-!! '!? DESCRIPTION. Less U. 6. Deposits Loans Specie Legal Circulation 11,011,775 4,680.100 6.915.100 1.872.200 Clearing house membera actual per centage 17.70; average or actual re serve!, other banks and trust com- E5ar7! $770,262,800 Specie 18,271.100 Legal 10,754,700 Deposits 111.478,600 Clearing nouse memoern. actum: Loan a Specie . . . . Legal . . . . Deposits . . Circulation Decrease. Increase. .11,115,717,800 Z6Z,164,7U0 61,146,800 1,111,691,000 67,298.800 , 'a LOS ANGELES IS AMAZED Westward the March of the Hansom Cab lias Token Ita War. Accompanied by wild excitement and an explosion of capitals In the newspa pers tha hansom cab has crossed the Rockies and Invaded Los Angeles. Ac cording to the following remarks from the Pacific Outlook It is the most nota ble transmountaln passage since Na poleon crossed the Alps. "How we Do progress f Hansom cabs are our latest affectation. Already the amazed multitude of the streets has been baited In full career several times In the past ' week, and made to stare open mouthed at the apparition of a driver bobbing along the - skyline Amal Copper Sugar Colo. Fuel & Iron Brooklyn . . . . People's Gas . U. 8. Steel, c. do. pfd Atchison Bait & Ohio . Canadian Pao Erie Louis. & Nash. Mo. Pacific ... Pennsylvania , Reading ..... Rock Island, e do pfd S. Pacific .... St Paul U. Pacific .... Am. Smelter . do pfd N. Y. Central G. Northern . N. Paclflo .... So, Railway . . Anaconda . ... 8oo. o Am. Locomotive! Cotton OH .. Cent. Leather Norfolk Ont. & West C. ft O D. & R. G ? -s J : : : ' 49 Vt 491 48V4 1UV4 1UV4 UOV 18 18 17i 42 Vi 42V1 19 85 86 86 27 17 27H 91 ! 90 70 70 69 80 10 79 149 149 147 14 14 14 96 95 94 41 41 19 111 111 111 99 994 97 uvi n n 23 70 71 69 110 110 109 117 117 116 64 64 62 90 90 89 96 96 96 iis"" us" 10 10 10 82 IS 11 92 91 90 ?H 83 ,. 16 13 11 28 28 27 19 19 19 48 110 17 19 86 37 90 69 79 143 14 94 40 111', 97 11 28 69 101 116 62 89 96V4 117 12S 10 91 P 62 81 1 Total sales for day 434,500 share. Chicago Cash Barley. Chicago, Feb. 8. Cash barley, 780 83c. WATCHMAN'S BOX. Its Connection With Newgate Prison Bell Ringing Before Execution. From the London Daily Graphic. With but one exception all the old watchmen's boxes of London have van ished. The one such link with the past that remains la the watehkouse erected In 1791 at the northeast corner of St Sepulchre's church, on Holborn via duct, facing Giltspur street. It is a solid stone struoture, some seven yards deep and Ave broad, com posed of a cellar, ground floor and one perched upon a shiny black object built low story above, " waa r.V.. 1 l.-.i. v,, ,.! hnMinv Dollce station of the period, where pris- i tha rain, over a ateed 1 Tost In tha traf- oners were brought before being sent on e bJiow to the "Compter" a debtor'e prison and "Thia ale-ht it la said. Is to become a common one on our streets, and our porty youths, our dinere out, our eo- aiv ion Al mil ran nic. uur v luuuoro may soon be seen flitting hither and rou oenina tne trap auura ui un huuui iwirwuvcivii L-1 . contemporaries in 'dear old Lunqon, or Londonlsed New York. Westward the eourse of fashion takes Its way, and skipping many cities in between, has rtolfverad into tha streets of this far western town the ultimate propriety in hired vehicles. .. "The stable that la introducing these cabs Intimates that they will be for hire at popular prices. What popular mav ntu hara la a bit VBRTUe. If it should mean that an Angeleno eould ride to a point within the radius of a mile for a quarter, as- In London, the two-whealer would. Indeed, become pop ular. Whatever the rates may be, let us remain free of the accursed and de grading custom of tipping cabby for every little ride we take with bim. "Ansom, alrf k Br Hrman H. Cohan. Portland Union fcttockvarda. Feb. 8 Portland la at last to- have real com petition (or Ita livestock. The pant week will be notable in livestock his tory for the announcement of tha es tablishing by Swartxchild at Sulsberger of one of tnetr branches In thia city. The news waa confirmed this week that the B. Ac B. company bad leased the plant of the Zimmerman Packing com pany in South Portland, ao eager waa ' : the company to begin business here 4 with the least possible delay. The South Portland plant will be used only temporarily ana win be dieeardea. as ? soon as the 11,000,000-plant la com" pleted. Plans for the neW' structures are said to be almost out at tha hands of tlte architects. SCeeaa Muck for ZJveatock Industry. The establishing of the 8. ft a plant In this city means much for tha live stock industry of the Paclflo north west. In fact It meana Ita aalvatlntk It will man that this territory Is noW, to nave its rirat real competition m packing circles; the pltttng of two sue! large eastern concerns as Swift ft Co. and Swartxchild ft Sulsberger, being pao- ductlve only of good for the livestock Industry. Other packera ara coming to Portland and It fa only a question of a few yeara before Portland will take Ita place as a real packing center. Portland la destined to become the mistress of the American packing business because It la geographically situated where it baa become known to the world'a greateat paekera aa tbe place that will dominate the packing Industry of the world,: With Ita moat excellent altuatlon at th edge of the liveatock country and Ita shipping facilities, it can bring live' . stock to its packing-houses and reehip it by water or rail t aay port at leva eiDcnse than any other center, sot even excluding Chicago. Ail through tne past weec a netter tone ruled In the local liveatock market and prices In all lines ahow a spirited , advance. Receipts in all lines were exceptionally small and did not near meet the requirements of the trade even afttr prices had been boosted to a great extent than during any period for tha past year. The advance in she amounted to 11. Cattle advanoad 60s and hogs 25c. , , A year ago for the nerloa corre-. spending to the past week, all lines were iirm at fractionally nigner prioea. uiticiai y.ira values uxiay: lion Best stuff. I5.25M 5.50: Block ers and China fats, 14.50)6.00. " Cattle Best eastern Oregon steers, 14.15tv4.50: cows and heifers. 13.36 (u. RAr hnl la 11 on Sheep Best wethers, ll.7E06.OOi lamba 16.006.25; ewes, 15.00 5.60, , EXPENSIVE COSTUMES. ' First Comes Alleged Jewel Studded Robe of tbe Queen of Slant, The Queen of Siam is the possessor of the most costly dress owned by an woman in the world, according to a . wrttar in a Berlin newsDSDer. It is a silken robe of state In which the fabiio la entirely hidden under an embrotdery of diamonds, emeralds, rubies and sap' , nhlras. A roush estimate of the value or the garment is aooui e.uuv.uuv. Next In value to this costume Is ore owned by one of the Czar's slstere. Xenla Alexandrovna, the wife cf the . Grand Duke Alexander Micbaelovttch. It Is a traditional Russian national dress, out la embroidered from tha points Of the three horned cap down to the toes of the shoes with precious stones. ... The cap and bodice are covered with Jewels. The weight of the rig ll i great that It la almost unwearable. Among the dresses In the tens of thousands of dollars is said to b on made entirely of Brussels lace and pearla and owned by an American wo man. The fichu alone la appraised at 120,000,-or about SOO times Ita weight: In gold. Then there la a Russian princess who' owns a fortune In the ahape of a silver . fox pelisse. Tha collar alone cost 13,600 and the whole garment la described aa worth Ita weight in gold. The widow of Ll Hung Chang la also rich In furs. She has 600 fur garment of every description, soma of them ot enormous value. , -t George Ade, he Indiana humorist, who thought he would Ilka to be a dele gate to the Republican national eon vention, haa changed hia mind, and will stiek to story-writing and play-making. William J. Bryan will go east-early In February to fill engagements to anaak under the snsnlcea of tha Progres sive Democratic league of New Jersey, a Bryan organization, me scneauie eo far arranged provides that the Ne braska leader shall be heard la Newark, Jersey City - aadjyBaasala, ,v houaa of correction near by, This watchhouse is of especial lnter eet because St. Sepulchre's waa inti mately associated with Newgate, which stood Just across the road- Today the sexton of the church lives in the watch house, and probably haa a less varied time than his predecessors. It was the custom formerly for tbe clerk or bellman of St. Sepulchre's to go under Newgate on the night preced ing the execution of a criminal, and, ringing his bell, to repeat the following verses: All you that ih the condemned tola do lie, Prepare you, for tomorrow you Shall die; Watch all and pray, tb bour la draw ing near ...: That you before tha Almighty must appear; Examine wall yourselves, In time repent, ' That yon may not ta eternal flames be sent, And when St Bepulchre'a bell - to morrow Toua, -Tne Lord hr mercy on- your soula. . , ;-. : ;. - Paat .It- o'clock. ' Another curious custom ohaerved at Ule church waa that of presenting a nosegay to every criminal on bla way to-.TyburjN,- . i. ,. "Open All Ihe Time" ABSOLUTE SAFETY OFFERED DEPOSITORS No interest paid on commercial accounts or daily balances. J . Paid on Term Savings -. Accounts. By the old gold- tried , and tested German- Anericcn Corner Sixth and AMer C'v OrpoeJta Orrgonlaa it r7 1