The Oregon daily journal. (Portland, Or.) 1902-1972, February 09, 1908, Page 54, Image 54

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    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