THE OREGON SUNDAY ' JOURNAt PORTLAND, SUNDAY MORNINO, FEBRUARY ' 18, 1908.
13
III .
lJ 1
mi
Hois Are Still MoTiHgr ln.;
Oregon but 1 at . Very Low
Prices Just at Present Time. ,
IN THE MMNCUil. WORLD
Northwest Hust Eaiso Great
Many More Hogs , to Make
Packing Business a Success. ,6
Litest Market Reviews
HOUR HOLDING
HI DIZZY HEIGHT
Despite7 Drop in Prices
; cWhich Occurs Tomorrow
v Quotations Are High. :
.1 - T Hvman II. Cohen.
There ha been a tendency among
Pacific roast flour millers to hold tho
price of flour at loo men .""'"Y.V.
slderlng the cost of the wheat With
the wheat market at the present height
.k. k.i rinnr i- aim too rreat The
prlci could be reduced a J!"TJi?.9
barrel and even at that figure mUn
...... ij k. uttahle oroflt. pro
viding they purehaaed their wheat at
They could sell export flour today at,
83.(0 a barrel and meke-a profit. Up to
yesterday tney naa o" ?"
for this grade, bat at that time, they
cut the price 10 oentsa parrei.
grades Were out from t w i a a oarrei,
but thle hardly aeema sufficient consid
ering the great reduction In the price
.
or wdmlc . , .
Flour price have been too hlgnall
along during the present aeason. They
atarted at the high figures which the
old crop closed at. despite the fact that
It la usually the rule for new-grade
f Aur in ahow a reduction 01 irom iu
I Do a barrel at the atart of the season.
However, In a sense the millers seem to
have been jusurtea in inn ur i
time the wheat market was firm with
prices Jilgh. However, considering tne
price of the wheat the market stared too
strong ana nas Deea neia n
figure ail along.
Drop is Too small.
Whita tha dron of 20c a barrel In
the price of export gradee is a very
big one for normal times. It Is not suf-
Iloient 10 allow me miiwn
much business with the orient and es-
eclally Japan, because or tne reiauveiy
ow price of wheat and the dlscrlmlnat
nc duty by which Japanese millers can
undersell the American millers in tneir
own territory. . .
Thn itiln the millers here seem to
be courting trade suicide for tney are
giving the Japanese millers .lust the op
portunity they seek to get the trade or
the entire orient. Had millers here pot
the price of export grade at relative y
the same price of wheat, they would
hv hn arila in IDT evtflll to l-uniycm
miller for the trade rf
China. Japan Is not forced to buy Its
wheat In this country, a fact that the
mining trad la well aware or just now.
tfor of late It has purchased extensively
;in Other countries; especially Argnium,
where wheat has been going for a song.
I Again Japan Is not dependent alto
"gether upon foreign wheat with which
to grind Its flour for It raises about as
K-lflc states combined do. Consul-Gener-
al Henry p. Miller forwards rrom ioko
hama the following newspaper an
nouncement regarding cereal crops :n
Japan for the past year:
vKeturns mailt oy me aepnrtrneni ui
agriculture and commerce snow uiu
jlhe actual production of wheat and bar
gley in the Kinplre for 1907 was 22.17,
'it Icnlrn Iknku about B bushels), show
Ing an Increase of 1, 802.224 koku, or 8
per cent, on the figures for the preced
ing year, and an .Increase of 2.6&4.01S
koxu, or 13.6 per cent, as compared with
a normal year.- Th success of the har
vest Is ascribed to the regular weather
which prevailed after the sowing. Over
ai small portion of the empire the
growth of the plants was Impeded by
train, but thef weather improved again
hortly. before the ear developed, nnd
fine leather then continued. The actu.U
iharveet slfowed an excess of over l.fiOO,
;000 koku compared with the foreoast Is
sued In June. The wheat and barley
harvest Is reported to be th highest on
record In Japan."
SCANT WHEAT UrSINESS.
0EEATEST.HESEE7E v
v GAIN IN NINE YEAES
., (Bttrst Kew by Lesgest titased' Wire.)
4 Nw Tork Tab. H. Today
stock market wer generally
4 dull and heavy. J though Amerl-
can made . arly raillea in Lon 4
don. : Tha bank statement was e
' favorable., but by no . mean, a
good a expected. The gain In 4
tha 'bank aurplua reserve wa
$1,011,010. ,th Urgst'for the
4 period lnc 1I9S. A cash loss of
4 tXSO,IOO-wM shown. 'Loan rl-
creased by 1507,500, while de-
' posit decreased 1640,000.. In th e
report of the actual oondltloo of
the clearing house banks at the e
cloa of business yesterday, oora- e
e pared with' a ' week ago, there
was an. Increase In the percent- e
age of feoclpta which now stand
at IT.II per: cent. The aoa- !
e clearing house members showed 1
e reserve of. Jl.t per cent .
e e e e
FIRST CLASS CREAM CANNOT
V BE SECURED WITHOUT WORK
V
rowers' are making contracts to shin
the new crop on March 1.
There waa a weaker tone and a lower
Dries ran re In the -local potato market
during the pasbweea. caurornia is out
of the market for the time being and
prices there have dropped to 76o for
ITIONT STREET REVIEWS.
1 '. 'I'M
-Y;-
' h '
it
Apphs Morement la Larger but Jap
Orange Are Hard to Sell.
Apple movement Is much heavier Into
as well as out of this market. Prices
are holding steady.
Jsd oransres are hard to move at any
price because bf the fumigation process
through whicn the fruit goes upon ar
rival. Tomatoes are arriving from Mexico
In very good shape.
iocal commission men have received
Information that shipments of aspara-a-us
will soon start from Blalock.
Salmon run is very light, with prices By Andrew Vetseh. of Damaacaa
still high. I Creamery.
Hop market wa rather dull during I The tendency among cream shipper
the ween, although some falr-slxed I has always been toward the least ef-
aales were reported at low levels. fort regarding care and cleanliness un-
Pront street sells at the following til the advent of state dairy assocla-
prices; prices paid shippers are less tions In all parts of the country atarted
regular commissions: an educational campaign which proved
. tfraln. nonr and Tee. V"ly, or "tempting 10 tne
GRAIN BAGS -Calcutta. : large b'll lllJJ " - the'
lots: mal lots. tVtO. Here and there the Anlrv aaanrlatlnna
WHEAT Track prleeeClun, lie; wer9 materially aided by the Individual
Andrew Vetseh.
red Russian, 78c: bluestem, tlc; val
ley, lc. .
CUP N Whole. $32; cracked, ttl ton.
BARLKT New Feed, 28 per ton;
rolled $29 01; brewing, $1.
Ki t; ..6t per cwt
OATS New Producers' price No.
white $27 per ton; gray, 2(O26.t0.
efforts of creamery men who demanded
cleanliness, proper feeding and dally
shipments of first class cream and
were willing to pay for the attention
given by the shippers. Creamery men
who Insisted upon dally shipments and
absolutely refused cream older than
two days found the education profitable
?-&.'tI?ka?r:f.j?--p'Rn.tft the long run. owing to the assured
4.16; straights. $4.50: exports. $3.90;
allev. S4.suu4.bu; granam. hi.
whole wheat $4.7S; rye, 60s.
bales. $3.
MILL STUFFS Nominal Bran. $25
$4.50:
$6.60;
uniformity of quality in their butter.
To insure the beat results cream
should be thoroughly cooled before be-
Inr; poured Into a can. It la well to
place a clean white cloth reasonably
tne can until
e cn cover
off meanwhile. Cream hould always
re Kept in a cooi. wen ventilated room
by Itself. It certainly should never
be placed In a room where onions, etc.,
are kent. givlns: the cream an op
portunity to absorb additional but rath
er undesirable flavoring.
The nollrv of the wise cream shipper
who provides a special milk and cream
Foreigners Are Entirely Ont of tlie
1 Market for the Moment.
I In wheat there has bsen but a scant
Amount of trading during the week Juat
ended. Prlues on the coast have hen
quoted in a nominal way because there
was neitner a aemana to ouy nor sen.
Even at thia time there baa been no re
ft urn of buyera to the market, although
(nominally values are lo a bushel lower
for all grades. The traae nere la await
Ins: a steadier tone abroad before ven
turlng Into the market Buying 1 toe
risky at the moment because the for
eigners are not disposed to do business
nere until tney see wnai ineir own mar
ket la going to do.
EGGS SLIDE AFTER RISE.
t Milder Weather Result In Reaction
- lnf Local Market Quotation.
The egg market again atarted on the
.downward slide at the close of the week.
,.Hlder weather again contributed ' to
tower values, after a temporary advance
ue to a coia snap.
Poultry price seem to have reached
heir limits, at least for the ordinary
run or stock, cnicxens came quite
rreejy auring tne weeic, Dut stocus did
'not move off auite as well aa ex Dec ted.
Had there been no outside call It is
jllkely that prices would have broken.
IThere is a scarcity of broilers and fry-
rs and prices are nign. xnose printed
2 ton; middlings. $30WJ1; shorts, ,,v,7 h. th Vf
wuntrv. $27; city. $26; chop, 2l24. J'-dy to shin leTvln th
HA- Producer prlc -Timothy. " "Jiff" '??,VJ.n" Ik
Willamette valley, rancjr is; ordin
ary, $11; eastern oregwn ' $17, mixed.
1OWJ10.50; clover. $10ffl13: grain.
10O12; cheat, S10O12; alfalfa. MO
18.
Batter. Egg and Fool try.
BUTTER FAT F. o. to. Portland-
Sweet cream. 2So: sour. 24c.
BUTTER Extra fancy fresh frmii. rnnm nnva well
ordinary, 32 Vic; best storage, 27j30c;
second grade, 26c; store. 2o a pound.
EGOS Extra fancy, candled. 23 24e:
eastern storage, 1516o dozen.
OHEESB New Full cream, flat",
15Vio per lb; Toung Americana, 17o per
lb.
POULTRY Mixed chickens, ISo per
lb; fancy hens. 13 He per lb; roosters,
old, 10c; fryers, 16o 1br broilers, 16c
per lb; ducks. ( ); geese, old, 8l0c
raaaed. 18177 lh! annaha 12 Kn A.lZ '. By Hyman H. Cohen.
pigeons. $l!6 d6a.; dressed' poultry, 1 ' Bwlft & Co., Is doing all in Its power
lio per lb higher; wild geese, ( ) dox. I to make PortUnd the leading livestock
HOB. Wool and Hides. center In the united Buues wnicn
aopa. wool ana maee. means the world therefore the matter
HOPS 1107 crop, first prime, $; lis cow In th har.ds of the livestock
prima, ic; medium to prime, oftc; inen or the facllic nortnwest.
medium, 4tf6c lb; 1906 crop. ltt2o lb; I As fast aa mUlions of dollars of cap-
contracts. .1908, ( ). I itai and an army of laborers can do n
WOOL 1107 clit Valier. lfrtlvl'.ha hi a nrovlalon concern will con-
eastern Oregon. llH18a struct the most modern packing-house
MOHAIR t02Hc. in the United States on It great tract
hides Dry Hides, 120 l$e Id: green, of land on the peninsula, xnis is ail
96o; calves, green. S0Tci kips, lo the company will be able to accomplish
lb; bulls, green tait. 34o lb and the next atep must be taken by the
SHEEPSKIN 8 Shearing. iBcO20o producers ttemselves.
each; abort wool. 35c 040c; medium. It takes many hog, cattle and aheep
wood, 60c $1 each; long wool, 76c 9 to feed such a plant a the Chicago con-
11.25 each. Cern Is starting at the northeast border
tallow Prime, per lb. Ic4c; of Portland. Building alone wm not
No. 2 and grease, 202Va make Portland a livestock center. It
CHITT1M BARK to. take stock and nlenty of It to put
..a .-.v,. Portland In. the front rank of packing
- citlea. At the present time me facinc
POTATOES Select. 1Krm 80n an. northwest does not produce a sufficient
lng; buying, Willamette valley, 4050c; I amount of hogs to feed its own people,
eastern Multnomah and Clackamas. 60 ra I not alone starting out to supply th
66c per cwt; sweets, 3c. wants of Europe, Africa and Asia. More
ONIONS Jobblnsr Drlce. $2.60 3.00: hoars are needed and thia la the proper
buying, spot $2.25; garlic, 7c lb. time to start raising them. It ha been
ArfLES Select. $2.00; fancy $1.75: many a year einee tne raciiio nonnwest
sample of the cream let him.ust before
shipping;, pour the cream on hand from
one can Into another until thoroughly
mixed, aay four or five times. A sam
ple thua taken can alone be considered
a fair average. Stirring In the original
can la not aufftclent.
Where cream has to be hauled any
distance by wagon it Is advisable to use
a special JO gallon cream carrier which
is provided with a float keeping the
cream in rirsi ciass condition and pre
venting premature churning, hardly
avoidable in ordinary cans unless they
are brimful.
It la the belief of the writer that
where state dairy associations have
been formed, existing evils regarding
the -cleanliness of barns and milkers,
etc., will be overcome gradually. But
not until all butter manufacturers in
sist upon dally or everr other dav "Mo
ments can a uniformly high quality of
Duuer oa produced, aitnougn price
may be almost uniformly high. Old
cream Is bound to be second rrnrte fin.
daily since all fresh cream is not neo
essaruy ail first grade, the auallty de
pending upon tne reed, buildings, etc
provided for cattle.
If all butter makers refused cream
older than two days there would soon
be a acrambla among the cream shipper
to produce tonly the best and to ship
promptly to be Insured the highest mar-
net price ror tneir nroduot. it wnnM
also result in a more uniform butter
HARRIMAN HAS
CARDJJPSLEEVE
Financiers Believe He Is
About to Spring Some
Sort of Sensation.
STOCK MARKET LOSSES.
unnc
IIUI
nmmn m
IIC UCHIIIHU 10
FEAROFBEARS
Although Liverpool Started
Strong Chicago Prepared
to Go Down.
Amalgamated . .lt
Sugar I'm.
Brooklyn 1
People's Oas 4
V. a. Steel S,8.
do pfd H U.
Missouri Pa a.
Penns.
Reading
Hock Inland .
Paciflo . . .
Pacific
Atchison A. Smelter ..
B. at O p.T. Central
Canadian 1U N. Paciflo ..
S. Northsrn ...lfi C. O
Anaconda S Southern Ry.
STOCK MARKET GAINS.
Cola Fuel HI Erie
... ti
..lte
. .1
..I
..l
Hi
If a shipper wants a product of purity and quality.
MAKE PORTLAND GREAT PACKING
CENTER BY RAISING MORE HOGS
;ire nominal.
Creamery butter market la holding
tpetter wun supplies or mo. i stock not
mo heavy ana nrsc grade readily clean
ressed meat market had a very firm
one. wun nirner prices during the
week. Recelpta were short In both veal
Mid hogs.
Imr up.
1 Dl
It
ONION MEN NOT WORRIED.
annot See Anything but Higher
Prices Although Now Down.
Oregon onion growers are not afraid
Ibf the market, despite the lower prices
n-uiing au over tne country. Tne ract
mat several cars ui eastern onions
were rejected at Seattle has given them
k-ene'wed hope, but all this time the
pnarket is dropping aoout bo a day in
California, wnere tne eastern stock Is
ald to be arriving In better shape.
jta California the Cochella and Thermal
H0PGR0WEKS FINISH
OREGON ASSOCIATION
(Special DiSDStcb to The Journal)
Salem, Feb. 15. The Hop
growera' association of the Pa
ciflo coast completed its organi
zation for Oregon this afternoon
" with a large meeting at th city
;'hall. Organiser H. L. Bent re
p ported 47 per cent of the Oregon
acreage signed up, which with
78 per cent in California and the
eame In Washington la said to
bring enough Into the union to
Insure success. An assessment
of 25 cent per acre wa levied
and 1 tt was voted to leave all
ft "further atep In the hand of the
director according to he artl
$t Clea of the association. There
were enthuslastlo speechea of
approval from large growers like
Horst ; Bros, and ' Kreb Broa,
' Frahbl Feller a-ftd others.
choice, $1.261.60; ordinary, 90ca$1.00.
FRESH FRUITS Orangea, new, $2.00
2.60: bananas, 6c lb; lemons, $34.ti0
oox; limes, Mexican t per io
pineapples. $44.60 dozen: pears, fan
cy. XI .60 (tp 1.76 ; ordinary. $i a box; tan
gerines, si. ib a dox; Jap oranges, 4U(
46c a box; persimmons. $1.76.
VJSJUttTAiU-ES Turnips, new, 60
raised enough hoga to aupply lta own
wants all the time.
More People and Xa Bog.
Of late yeara there has been such a
tremendous Increase In the population
of this entire territory that local pack
ing-houses have acarcely cut any consid
eration in the trade. Most of the hog
60cl sack- cwrou 60c oer sack- beets: products consumed In the Pacific north
tl1,fii$l Wcat of late y?jr. have bf brought
bage. ftce ;$1.26: tomatoes,. exlcan. 'l? A JnTPJf. ?""h8.,!
$8.60; Florida, $5.25; beans, 15c; cauii- P?.ce" n" fouia no1 ,DWn, BUP"
riower UaUfornla, 41.1001.20 doa;
local, 75c $1; peas, 10c; horseradish, go. -
lb; artichokes, 60c$1.00 doz: green per lb; regular short clears, smoked,
onions. Ho dozen; peppers, 17c; hot- h0 per lb; unamoked. lOo per lb; clear
hpuse lettuce, $1.2501.60 box; cucum- backs, unsraoked, 10e; smoked, 11c;
bers. hothouse, $1.25 doien- radishes, Tji0n butts, ,10 to 12o lb: unamoked.
aosen puncnea; eggplant zoo id; m2o per lb: stacked. l$o per lb: clear
12H
The fact la that a large per cent of
the product put. up by Paclfio coast
packers In late yeara has been made
from eastern hogs, brought here from
Nebraska markets at a great expense,
while Pacific coaat raisers have been
benefited somewhat by the shortage
here which forced the packers to pay
them not only the high prices that have
been ruling In the east, but the great
frelghfc4Cnd other charges which they
would have to pay la bringing hog
from the east to th coast, they could
have made more by raising a larger
amount of atocks.
. Ju,t. D0W tne Packer are doing all
In their power to encourage the raid
ing of hogs here In the west. They are
still payine- hlrh nrfna itunit. h.
fact that hogs have recently shown
It was not always thua. an tn .nm.
extent the present lack of supplies of
hogs can be laid at the doors nf th.
packere themselves. In former years it
wn ire riuucy 01 racmo coast packers
to not only brine in hon fmm th.
but they would not pay the local raisers
vniio yiitn iuoy uaiu eastern rais
ers even excluding the great freight
charsrea thev were fnmmH n
bringing west these ehlpmenta. At that
time they oon tended that coast hogs
iw u iiicuu dui tnis waa
proven false on numerous rwa .
even the packers themselves disproving
their own statement. That th
uaiiovou umi onuic wneat-reo nogs had
ui uini iui was snuwn oy tneir lncreas
ing want.
ah this is cnanged, however, and the
By Thomas C. Shotwell.
(Hearst Mews t7 Longest Lwl Wirt.)
Maw York. Feb. 15. Perhaps Edward
H. Harrlman personally is not responsi
ble for what his friends are dqlnn, but
it la a fact that every broker and opera
tor In Wall street, known to be friendly
to tha Harrlman party, did everyunna
Doaalble todav to break prices. Weird
yarns were set adrift regarding some
financing that la to be announced In a
few days, urnciaia oi uie niinin.i
lines deny that anything of the kind
la contemplated. Their unfortunate
record in denying things In the past
makes the etreet believe that something
really Is coming. If it had come with
out warning it mtht have bien ac
cepted In good faith when It came, but
anvthina in tha way of financing by the
Union Paciflo or Southern Paclnc as a
direot blow at eonnoence anu aa pan
of an attempt to make another object
lesson.
Bond sales xa a
T'n.r tha InflllJinra of BU bSCT I D t lOTl t
of $300,000,000 for the $50,000,000 of
New York CKy bonds, stocks opened
strong and higher today. Hetty Greens
remarks about the poverty stricken rich
caused much selling- n causea mucu
weakness in New lork central pun-
chasers. Purchasers of the new Donas
put out by the city already have a
pront or aoove I points, ior wiaiv
an active market In them today at from
107 to 106 Vt- The average pata to io
city was something udovb iwt.
J. P. Morgan was expected to sail for
Europe today but political complications
and the mysterious rumors emanating
from Harrlman neanquartera cauaca nai
to postpone his departure indefinitely,
Persons familiar with the stiuatlon said
today that they expected to see a
fierce attack on the market Monday and
Tuesday with Morgan A Co. coming to
the rescue. There waa even talk of a
big failure. Western Union Telegraph
continued heavy, ahowlng a net loss of
above 2 polnta for the day. Affairs of
that company have become desperate
and the operating expenses are to ue
reduced at the rate of $1,000,000 a
quarter beginning Monday. It Is said
this will mean the discharging of many
employes.
The Illinois Central fight Is at the bot
tom of most of the trouble In Wall
street Just now, that cannot be traced
dlrertlv to nolitlcs. and even that fight
Is in politics. The Harrlman party has
done some remarkable things recently.
It looks now aa though they were at
tempting to force liquidation In Illinois
Central.
HEAVY PRICE CHANGES.
packing Industry of the Pacific coaat is
to be put on a business basis where
supply and demand are to ha tha
iiiiu imum.
celery, $3,7644.00 crate; cronbeirles,
eastern,-$9.00 10.50; sprouts, 8o per lb.
Groceries, JCuts. Sto.
SUGAR California and Hawaiian
Cube, $6; powdered, $6.85; berry, $5.5;
dry granulated. $6.66: XXX gran
ulated, $6.40; conf. A., $5.66; extra B.(
t bellies, unamoked.
o per lb; smoked,.
13 Ho per lb;, shoulders. 10c; per lb;
picKiea tongues, 700 oacn.
LOCAL. LARD Kettle leaf. 10a, 12Ho
per lb: 6a. 12o per lb: tO-lb. tins, lio
per lb; steam rendered. 10a, 11 Uo per
uiateo, o.4u; conr. A., $6.66; extra is., l"i jsv yvr iu, vwuiiivjtuu, ivm,
$6.15; golden O., $5.05; D. yellow, 8HA'JKr i?" . ....
$4.95; 1)eet granulated. $5.45; , bar- 4 FISll Sock cod. lHo lb: nounders.
rels, 16c: half barrels. 0c: boxes. 660 " per lb; halibut, Jo per lb; striped
advance on sack oasl Das". ep per io: catfish. 110 per in; ssi-
(Above orlce ara so Aava nat cash mun. uimuv, iinoj aiacmcau. no
auotations.) Pr . . iroaen, c; nernng,
hvnils J3.60 per crate. I " u uv V"
18.68.
SALT Coarse- Half.
sis.du per ton: 6 us, 114.00; table, flairy f,r" '7;v mrl, ,i
VAM.VV IUII. WVB, f ll.VV, IM Lf IS, IW1I J
60a. $19,00: 100a. $18.76; bales. $2.60;
Imported Liverpool, 60s, $2u.oa: 100s,
iiy.uu; 4s, jg.oo: extra fine earrela, 2a
ts and 10s, $4.6006.60; Liverpool lump
rut: o Ib; soles, To lb; shrimps, 100 per
branda $11 880 ,bj Pefch. o per lb; tomcod. lie per lb;
oranoa, is.bW iobster,f 25o per lb.: fresh mackerel. 80
round 100a Per loi crawfish. 25o per dosen; stur-
4.00: table, dairy Z' Pr ib: black bass. 20o
lb; silver smelt, eo per lb; Columbia
smelt, 6c; black cod. IMo lb: crabs.
tx.ooiaii.&Q a oxen.
OIBTEK8 stioai water Day, per gai
ock, $20.(0 per to:' 6o'-lb ock. $18.50; Ion- U-60: per 100-lb sack. $5.00; Olym
100? $14.00. ". p, per Mjion, ia.40; per 100-lb sack,
(Above prices apply to sales of less l 006.6; Eagle, cenned 0o an; $7
than car lota. Car iota at aneclal nrlces
subject to flurtuatlona)
Mien; imperial japan, no. 1, to: no.
6&lC: New Orleans, head. 7c:
A lax, 6c: Creole, 6c
BEANS Small white, $4.25; large
Whit. 84.10: nlnk 14.10; havnu. ta.BO:
liiiiihb, o.ou; Mexican reas, c.
maL $6.50; Mexican reds, 4Hc i'Vw!
NUTS Peanuts, Jumbo. To per lb: Coal Otlsr-
dozen; eastern in shell. 11.78 per hun
dred. "
CLAMS Hardshell, per box. $140;
razor clams, $1.00 per box: lOo per doa.
Faints, Coal 0O Bta.
ROPE: Pure maalla, lo; standard,
nc: sisai, iue.
Virslnia, io per lb: roasted. Be
per lb; Japanese, J4 0H'c; roasted, 8M1O
per id; walnuts, calixorula, iso par 10:
fine nuts, 100 per id; nicxory nuts,
Oo per lb: brasl! nut iso rr lb: fil
berts. 16c per lb; fancy pecans. 160200
per ivi aunonas, iso.
Meat, Tith and ProrialoBa.
DHKSSED URATS Vmnt atriut
Hogs, fancy, 7 too lb; ordinary, 6fcc;
large, ft?7o lb; veal, extra, tt10o;
fcrM lb; ordinary, o per lb: heavy,
Hf oc per id; mutton, lancy, lie per lb.
HAMS. BACON.' ETC Portlnn.i nark
(local) hama 10 to 1$ lbs.. UUa ner th:
14 to 18 lb 12o oer lb! 18 tn SO lbs..
12c; breakfast bacon,' 15H flo" per
lb j ptetics, o per lb;. otu .roll,' J9
Iron Bbla. Cases. Wood'Rhla.
water vvnue ..11 0 .... 15 c
Pearl on 18Uo
Head Light . .13o 19Uo lc
Eocene ,....,. ..,.. 21Ue ....
Special W. W..14H .... 18)4.0
Elaine ........ . ... , j e . ...
Extra Star ...i ..4. IlHo ....
Gaaollne
. . . Iron Bbls. Cases.
V.- M. and P. Naptha . ..12Ho lHo
Red Crown Gasoline ...18 Ko 5Vo
Motor Gasoline I8&0 25Uo
88 per cent Gasoline ...80 o tlU'c
No. 1 Engine DlstHlate..i e 17 - e
BENZINE 8 deg., caeea, t per galj
Iron hbla JSc per gal - . . ..
TURPEKTINBJIn cases, $$o per gal;
wood bbU, no per l v:;v.;.; .
b!9?1?? LHADTon lota. To par lb;
fcJPJtA & Bp "' lsslots, 8Ue,
WIRE NAILS Present basis at $ J. 10.
PRICE OF NEVADA
SHARES in FRISCO
San Francisco, Feb. 18. Last night's
closing prices:
GOLDFIELD DISTRICT.
Sandstorm 85c Red Ton ICxr iitn rvv
lumbla Mt 24o, Jumbo Ext. 48c, Silver
Pick 8c, Black Butte Ext. 4o. Atlanta
PUn,1i. ? C?n5'. 19c- 9omb- frctlon
70c F. Mohawk 2So, Red Hill 83c, Lou
Dillon 4c, Yellow Tiger 17c, Yellow Rose
u uumi. uuni, ",ov.
BULLFROG DISTRICT.
Lfge Harris 1c.
TONOPAK DISTRICT.
Ton. Nevada $6.16, MacNamara 84c.
.OIU Belmon.t ,1'4 Ton. North Star
16o, Jim Butler 42c.
MANHATTAN DISTRICT.
Granny 9c.
SCATTERED DISTRICTS.
Nevada Hills $2.90, Pittsburg Silver
Peak $1.83, Kagle a Nest 28c.
. ., i
Chicago Dairy Market.
Chicago, Feb. IB. Butter, creamery,
izOiSc; eggs ateadier; prime firsts, JO
lie; cheese steady. ll12c
New York Dairy Market.
New York. Feb. 15. Butter, creamery.
IS & Sic; eggs easier, western firsts,
20 21c; cheese firm, unchanged.
fhe mines of ' the world emfolov
K A7IA AAA b t n. nr. tha.
,ivvvi,vv jv. wuw miv w 1 . v um u vuv
third, 9t taem art la a SrlUab ampin.
Important Fluctuations Shown in
New York Stock Market.
New York. Feb. 15. On the atock ex-
rhann riurlna- the week there were im
portant fluctuations which oontrlbuted
more or less actively In special stocks,
but a comparatively quiet market In
inhere elnce the recent panic, however,
Is gradually becoming a matter of his
tory, and lta effects in the financial
district' are disappearing by degrees.
Confidence has recovered considerably
and the money market has settled down
Into more normal conditions. Loanable
funds on good collateral are plentiful,
and good borrowers find no difficulty
in obtaining ail tne accommoumnon uiti
need at comDarati vel v lower rates.
The future of the market Is some
what uncertain, with the proapecta of no
extreme fluctuations.
Raiirond values have already under
gone severe contraction, ana uun ib
but little room for further decline, even
should unfavorable developments ma
terialize. Decreased railroad earnings
and poalbly decreased dividends have
already been very largely discounted;
so, also, have many troublea appearing
from day to day aa aftermath of the
Santo. Thia explains wny tne latest
ank troublea had no effect upon the
market It Is quite possibly, in view
of the recent rally, prices may sag on
for a period, especially should unfavor
able newa transpire. The outlook Is for
no decided reaotlon.
Range of values:
CHICAGO WHEAT VALUES.
Open. CIriBe. Feb 14. Gain.
May $Mi , 92 u!'
July 90fe 80S Vk
(Catted Press Lcaied Wire.)
Chicago, Feb. 16. Alhough the for
eign markets showed some strength, as
cabled before the opening, the prevail
ing sentiment here waa more inclined
to th selling side than was the cane
at the cloae Friday. Some features of
the home situation prevented the bear
lshness thus shown from becoming ag
gressive. There was a good demand at
the lower figures and ahortly after
ward an Improvement In price to about
the closing figure of the day before.
Liverpool future war OHd. higher.
Antwerp waa unchanged, Berlin -lo a
bushel higher.
World a ahlpmenta next Monday will
be heavy on account of th enormous
contribution to 'the total from Argen
tina and th liberal export from this
country and Canada, but other export
ing countrie wiu do Utu toward add
ing to the bulk.
outside domestic markets were ahow
lng more strength than prevailed here
and the bear contingent were divided
in tneir views as to the propriety oi
loiiowing up their usual tactics.
firmness in tone that succeeded the
opening decline continued to the end
of the session. May price got as high
as vtftc. nnd at the close was i?o,
or hc higher than It closed Friday.
Oora Xeeetpts Smaller.
Considerably smaller recelpta of corn
than the estimate and the continued
unfavorable weather for their future
enlargement gave a firm tone to the
opening Id that market and the buying
was good, while offerings were not
ressed with any degree of confidence,
.iverpool reported a alts-tit advance In
futures. The market became etronger
as rha session approached lta end, the
brisk demand for the small offerings
In tne cash market at from lc to Ho
over the previous day's prices commu
nicating influence to the pit trade.
Business in the oats pit waa a aught
Improvement over what waa done in
the brevloua days of the present week
and the price was inclined to do better
under the lead set by corn at the open-
Hog receipts were so much smaller
than expected that the provision market
opened rather steady, but prices' soon
began to drag. Strength of the grain
markets late In the session caused all
commodltlea to regain earlier lossea.
' Cash. Salea.
Wheat Winter No. 2 red, 98
94c; No. 8 red, 91H092c; No. 2
hard. 9SH98c: No. 8 hard. 91ft ft)
98c: No. 2 spring, seal 1.08
Corn No. s, BfAc; iso. a wnue, ns
64 Hc: No. 8 yellow, b4 A fff t6c; No. 4
blc.
Oats No. S white, 6052Hc; No.
white, 4651Hc
Range of prices:
WHEAT.
Open. High.
93U . 92
90 i, 90
CORN.
,.0H 61H
,.694 69
OATS.
,.60"t 60
.44 44li
MESS PORK.
.1125 1127
.1165 1167
SHEEP, SHEEP,
POPULAR GRY
Famine Exists in Coast Mar
kets and Prices Arc Way 1
Up in the Air. I"
PORTLAND LIVESTOCK RTJN.
Hogs. Cattle. Sheep,;
Pnst week
1!07
1908
1U5 ...
.640
.628
,. 17
..269
278
1112
495
262
it
94a
881
i$a
May
July
May
July
May
July
Low.
9314
90
60
59
It
60
44
Close.
93
90
ltt
69V4
DESCRIPTION.
i J .f
1 ' I ' I ,
.1 48 Vi 48 47)4 7
, 112 112 Va 110 110
, 18 18H 17 IT"
, 40 40 V4 88 29
, 86 86 84 84H
28H 28 27H 27
98 93 91 92
69U 6 67U tl
78 78 77 77
146 145 143 143
14 14 14 14
90 90 89 89
87 87 35 86
111 111 110 110
96 96 93 94
. ir 12 11 11
69 70 67 68
108 108 106 106
117 117 113 114
69 69 66 67
94 94 93 98
121 121 119 119
118 116
92 93 90 90
31 31 80 30
33 32
25 25
24 24
9 9 9 9
27 27 27 27
130 130 129 129
89
14!
Amal. Copper. .
8ugar
Colo. F. & I
Brooklyn
People's Oaa ...
IJ. S. Steel, o. . . .
U. S. Steel, p
Atchison
Bait. & Ohio
Canadian Pac . . .
Erie
Louis. A Nash.. .
Mo. Paclfio ., ...
X-oiiii, ..........
Reading
Rock Island
Southern Pac....
St. Paul
Union Pacific. ..
Am. Smelter. . . .
N. T. Cen
Northern Pao. . . .
Great Northern. .
Soo, o
Anaconda
Am. Loco.
Cotton Oil
R. I. p
Southern Ry. . . .
Ches. & Ohio. . .
Soo. d
Smelter, p
Wabash, p
Total aales, 449,600 shares
WEEKLY STATEMENT
OF NEW YOKK BANKS
New York. Feb. 15. Bank statement:
Clearing house members average:
Reserves increased 31,018,050
do less U. S. Increased. 973,100
Loan decreased 4,607,600
Specie decreased 657,100
Legal Increased 406,300
Denoslts decreased 5.075.400
Circulation decreased 668,000
Clearing house memoers per cent-
age 27.86.
Reserve increased 12,113,500
do less u. s. increased. 3.067,600
Loans decreased 8,651,200
Specie Increased 469,000
Legale increased 2,062,900
Deposits Increased 1,688.600
Circulation decreased 275,800
Nonmembers percentage bf reserves
24.9:
Loans Increased $3,689,500
Specie Increased 2,246,800
Legale decreased 191,200
Deposits' Increased 8.952,800
Deposits eliminating from other
banks and IrusUcomDanles In New Tort
City. ,8.400 tot tfve daya. . , ; Vt. ;; f
May
July
1100
1143
1127
1117
Liverpool Wheat Higher.
Liverpool. Feb. II. May wheat closed
at is fto. a net advance or d.
Tacoma Wheat Market.
Taeoma, Feb. II. Wheat, export
ciUD, ic; oiuesiem, sic; reo, vvc.
ARE MOVING
HIGHER IN FRISCO
EGGS
(Besnt News by Longest Letsed Wire.)
San Francisco. Feb. 16. Wheat car
goes on passage were quiet, buyers
being reserved. The English country
markets were easy, and the ' French
were quiet. Liverpool was steady for
spot and nigner ror futures, in fans
February closed higher and futures de
clined, ine local maraet was practi
cally at a standstill, even lower prices
not tempting buyers. The receipts
were l.zaft centals.
May barley closed uncnana-ed. and
uecemDer waa a traction lower, spot
barley, oats, hay and beans remained
as previously quoted. The receipts in
eluded 3,360 centals barley 410 centals
oats and n tons nay, also eou cen
tals corn from the east.
In flour there were no reported price
changes. The receipts of flour were
692 barrels.
There were lessened receipts all
around In dairy products. Fresh extra
butter advanced c per pound, and all
fresh crades closed firm, also storage.
with the exception of the ladles. There
were no sales on change, fresh eggs
advanced 2c per dozen for extras, 2c
lor firsts, and lc tor seconds. ah
grades closed firm. On 'change 40 cases
of extra eggs sold at 25c per dozen.
New cheese was lower for flats, fancy
and firsts, declining c per pound.
Flats and Toung America closed firm.
On 'change 25 flats, fancy, were sold
at 12 c per pound. Stocks of storage
nutter and es;K8 nave been greatly re
duced, large shipments of these having
been made east lately.
Five carloads of oranges arrived,
making 40 for the week. This supply
was quite well worked off, there hav
ing been a larger demand on the re
turn of clear and warm weather. Five
SO-basket crates of strawberries were
received from Los Angeles in bad con
dition. They sold as low as 50c per
crate and up to 13. Mexican limes
were held higher. The market was lib
erally supplied with fine bananas. Busi
ness was unexpectedly quiet, consider
ing the fine weather and the usual ex
tra requirements on Saturday.
There was no change in potatoes or
onions, the market still having a weak
tone. The first Cuban tomatoes ap
peared in market, 10 crates of six bas
kets each being received via New Tork.
Some were sold at 36 per crate. The
express charge from New Tork waa
13.75 per crate. The tomatoes were In
first-class condition and of fine color.
Those from Los Angeles recently hava
been mostly poor and having no regular
price. There were 38 sacks of green
pea from the south, and only three
sack of string beans. Rhubarb la be
coming a little more plentiful, with
some increase In receipts from across
th bay. Only four boxes of aspara
gus were received, beet Alameda bring
ing 40o per pound, and 85 3 5o from
elsewhere. -, ,. -;-t t ,vf,,
.ii ii r AM
The legislative campaign whieli the
Worklngmen a Federation of New Tork
atate has planned thia year will embrace
some distinctive propositions, such aa
the election of a labor commissioner in
stead of his appointment by the. gov
ernor. The establishment Of a minimum
cale of 25 cents an hour for unskilled
labor oa publia works la also proposed.
By Hyman 11. Cohen.
Portland Union Stockyard. Feb,
"'f, yu ' a man who ha aheep to
PJ bring him In; we must have them.
This Is the situation at present ruling;
in the lota livestock ultuatlon. Every
one wants sheep; they are willing tO
pay an unusually high prlc for It, but
thus far their wants are unfilled. What
has berome of all the sheep In the Ore
gon country is a mystery that livestock
men are unable to nnswt-r.
Some aaxert that sheepmen are await
Ing a more favorable market before
letting go of their supplies, but this
can scarcely be true, for never were
conditions more favorable for a good
aheep price than at the present mo
ment. In fact this same sort of condi
tion haa ruled locally for some week.-w
It la getting; to be the general opinion
of the trade that sheep are fast disap
pearing from the ranges of the Oregon
country, and that the year s count will
prove the truth of this aaaertion. In
any event livestock buyers who know
every road and every Aheep camp this
Id of the Rockv mountains say there
are no sheep to be had in the vicinity
of Portland.
Bring ifattoa From riaewaere, .
During the entire week Juat ended
but a handful of aheep arrived II head
in all. Killers are forced to bring the
mutton from other section because of
the scarcity of sheep here, and this ha
resulted in some unusually nigh prices
for dressed mutton.
While the receipts of hogs are show
ing a fractional Increase over th ar
rivals of this same week a year ago
the run was most dlsaoDiintina ta kill
ers, who expected the recently ad
vanced values here and the decline In
the east to bring larger supplies to
the home yarda. Not half enonah faoaa
are at present coming to fill the de
mand, and officials of the yards assert
that had the receipts been several time
as great as they were the prices would
in all probability have held up.
Booet Price of Cows.
Because of the hlarh Price on steers "
and the great shortage of low prioedv
cattle, there was an upward tendency
to cow prices in the yards durlna- the
past week. Prices advanced 35o during '
that time, with the market strong at
tne nign figures tne close or tne weeKj
Only a small amount of cattle (came
into the yards during the six days, the
totals reaching 278 head, compared with,
i.i iz neaa a year ago, 486 need two
years ago, and 282 head three years ago
for this same week. i
A year ago for the current week all
lines of livestock showed a firm ton'
wlUi fractionally higher values. -;
Official yard values today:
Hogs Best stuff, $5.2505.85; stock
ers and China fats. I4.50OS.00.
Cattle Best eastern Oregon steers,
14.35 e 4.60; cows and heifers, I3.60O.
3.75: bulls. 32.0002.25 ...
Sheep Best wethers, t5.75fjl.00j
iaiuua, f a.uvip b-zd; ewe, I3.UVQP.
STOCK OUTLOOK GOOD.
Stockmen jLn Sluch Pleased With
Present Feeding Situation. ;
(BpeeU! Dispatch to The Joornal.) , - '
Pendleton, Or., Feb. 16. Stockmen of
Umatilla and Morrow counties are .
pleased with the outlook. So far this "
has been an open winter and but little
feeding haa been reoulred. Great stacka -
of hay have been untouched and tt wilt -require
a great deal of feeding to place '
the stockmen In any kind of rinna-ar.
Stockmen who operate large, ranches lnt
different parts of these ceunties say
sheep are in excellent condition. Thai
recent snows were of benefit to all' : ,
ranges. , - ;vs
ITGHT RANGE LEASB BILL, V
Oregon Wool Growers Want Pre.'
cnt Conditions to Continue. "
(Special Dlnpstcb to The Journal.) ' '
Pendleton. Or.. Feb. 1 S rian w ' -
Smythe. secretary of the Oregon -Wool-'
growers' association and a member of
the executive committee of tha national.
association, has been summoned to .
Washington. D. C by President Frank
Gooding of the National Woolgrowera'
association to fight against the passage . ,
of the rana-e leaslnr bill to h intnw
duced by Senator Burkett of Nebraska,1
The woolgrowers do not want the public
domain leased or allotted, but prefer t ;
let It remain open and free aa at pres
ent. The Burkett bill proposes to lease
and allot to stockmen every foot ot -public
domain remaining In th west, -;
.'v v
STEADY TONE IN HOGS. 't
Eastern Market Is Slightly Bette.
Although Better Run Is'Hetrr.wev
(United Press Lessed Wire.) ;
Chicago, Feb. 15 Hogs 16.000. eattle
.000. sheep 1,700. Ilora are ataajlv
at yesterday'a close; left over yester
day 9,200. Mixed I4.06O4.I0J heavy"-;
rouan ana. neavy m.o4S,:,
Cattle Steady. ' " : v
Sheep Steady. '?.PT
Kansas City, Feb. 15 Hogs 4.E00, eat-'"
Ue 1,000. sljeep 200. . , w-
Omaha. Feb. 15 Hoes 7.000. eattta
none, sheep none. , :v W ? -
yvtimm
COPPER SHARES 111
THE BOSTOII MARKET
(Furnished by Overbeck tt Cooke Cos,
.dub i vii, tcu. io. ouicim prices;
Adventure 2 V.
Allouea ...... 27 H
Atlanta 10
Brigbam ..... 6V4
Cal. A Hecla.687
Cop. Range 67fc
Daly West 8
Dom. Copper.' 1
5- Kly.....' 7
uoia mu .... io
a
,.843HPi
ureene . . .
North Butte
Nevada Con.. 85
i
Q roux ........
Old Dom. .... 14
Osceola ...... 79
Quincy ....... II i
Shannon .. -,J0V4"
Tamarack ;.,. I
utan m. S
Vlotoria ..... 4V4
Butte Otla.... 11
mtea ....... t . '
rlnity 4..,.. 1J
arrot Ii '.
Copper Ularket DeprWsedKf ;
(Betrst Rewa by Longest LsssmI Wr.
Boston, Masa., Feb. 15. The locnl
copper market suffered from denresrit
today and prices sold off freely after
the opening minute. The downwnrl -movement
waa caused by the .ru,i..
thetle . movemeat from New yorit n 1
partly through-the workings rf a kf
clique In the market- who have ai 1
the copper metal market as -r"-
for a reaction. , Amalf mated .
to 47!' Boston Consulfdafed .
, Calumet. & Arizona dm linel 1.
Copper Kurtre was wtk it b 1 ' .
cllning to 6it ; 1"1 Rofvl lot a i
to l?'-i; North Butt !;---lln'l -CMd
Dominion lost 2 point, .n-l ,
Ctrna, lost a point to ii. - ,
''i-i':-'