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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Sept. 13, 1908)
THE OREGON SUNDAY JOURNAL; PORTLAND, SUNDAY MORNINO, SEPTEMDER 13, l6o3. 11 ANGRY SHIPPER PAGE OF RISE HOGS HELD LOW BY THE PACKER i i i ' . . HOP COMBINATION MAY NOT BE SO . MUCH OF A JOKE, AFTER ALL, ALTHOUGH DEALERS SAY NOTHING DOING IS PACIFIED HAS BEEN SWIFT ' i l ' ,( "'i V Mr. Thornton of Dillard Sober Thought of Financiers raying 3Iore to Bring: Stock From the East Best Livestock "Wanted. Finds Something Inter- Denotes That the Stock a '. I . -.. 'J i-1 ,. esting in Market. Market Is Dangerous. ' W1XELX KTJVIUW Of FINANCES ! BBJBBaBSBSBSJBSBBB,aa By, Hyman H. Cohan, A. L. Thornton pf.DlUard. Or., f ' (Raited: Praaa 1mmA OTIm.i New York. Sept. 1J. The outcoms of inn ween a stock excnaag movement is liberal snipper or mill 10 tne: rorumo i quit in seeping wuii m allies or me market hut not until thla week did Mr. I h,f hr artificial market, -which In. this thfttllr n" come over the Xac or outeioa Tnir -ir tr ri.rht down in I "a nod e rant! rig- ineacustom oi me tTe?r,codve.nYion0 dw&ThiSLSG . .ee thin.-, in a "different 'light " "XTt'oVlev.r wnloh masKS nnw that Port-wers tun to a level which measun with th lnvutmtni I or a payina iur i .. vestment It ha- proven , it.elf to ba, .ode o? Auu.t 10 do exact Mr. inorawn a. '"K-0 the stock . Ef.'J "VfJ 'i.S. SSI nndC .ha ftriivB in Lu v iiimnav sa. is bu . . , .v Willamette and Columbia rlyer valleys, montn or more thaaeeme(l Mr Thornton la nna of many Ship- I : - EST .rknwt'lnTaon: S&tlj; TOSS tK"Ki- ofTh'e a?h!fy-K,kT "FoV ewh lie?' hi y' substantial change for the bet- ...... .. - - - - - . - . imp ni tirm states, "I waa of the opinion thlni Port city i.Ji ..ch.n.. treat the "country I tM that could possibly be expected ii. lh, i. n money to find ,n tn wy of returning: industrial ac fh?pT, '15. t ? ifS?H ? aatlef led tlvlty for a year and more ahead, thla out. but I am. perfectly "i Th- .n8cl&l oommlttM Dnnintai to eimaiiunai maraei epi 22 haa made ita reoort exchange governora, but ve not yet been given to ?LShl Ju'.fT?.OTE whefher" the VommTttee"' member. 'have " r,7" . ,i,.r.nrf 7 !; In P"lir upon thla matter taken a ""Uin ..r.V.ham. a broader view of the re.pon.lbllltlea of i . . - . . . .1, -i .7. rTi i wr n lne exenange tnan ine governing autnor-"V-mJ'JiH.. hiSn to aMde ,tl ' that InatltuUon have been In the 2UirnM u.!fffl th.'ahlo!lhaWt of aaaumlng. Peopleon the out S2w;MftJS,S?t.t55 whr! '! who have no prejudice, either way f iv. J VhT.. vr. Thnrn nn V. I are aimpiy reading the algna or tne ' 5-y J"i!iPKrB:' .n w f5J Um. ca that the atock exchange 'V-iV U"ri!ni.,5S f.or nrnit not expect to occupy Indefinitely TAT ntir. .r.t of Mr. Thbrnton'. J"n.aepenoentA aemi-private position terr23' -Wd1' u!2tPm2 It not Pthe opinion of the good "f".. Kooi atuf f that time Judfe, g,, tliat ,fnce th. TlT art 3KPt" JIX.nd thieiSS ot A"t when 'e demand fromln- Lh m,i?d therefore refueed to veBtnlent capital seemed to be definitely .,t,i. iwtwHii I T.or l0 WP18 acneme or marnet oper .kiVr.... .-J Bhinn. X. in, I auona naa Deen nazaraoua to an excep- f,-'r,!AnleVh2.? degree. It did not appear that underetand what the, market wante anain-w. innin-nta on ih. nut.i A.n a 1 1 . Irlnn whan thalO inmm I. I " - ... " . rsr.iJ.. wWV VT I than minor bearing upon the fluctu- wlon man aavieea them what to do they atlonSt The pa.sln. of h. dividend on 22.. V'.-t.' .VrSSlfciSSr ?om,?v " l. omething.of ' - a aoDering eneci, Docause u waa ine I flrat admission by an Important Indus t. in. nJwf -k, Viv. 3 ih M1 concern that business was not r,"cif.rh; satisfactory progress. . In ..the S.YiLt -v.S i V7i... TV r wh. oiriciai statement explaining the dlvl- rrTi'MWio i2r,?-iSM Vtui fn dend tne opinion was expressed that Jk! P.".-1 S MXnVSn n the company's business had not re- JiVl cf",f., IfJ'S! JRiMhS covered enough to justify a dlstrlbu- 'IIh.?jVJ?Ji S2hiawPuthi ml tlon to "harefiolders. and for this rea- much good and right now is the time BO? ,t was deemed wise to carry cur- off.,! .. ...m rent earnings balance to surplus ac- rJiiSSTZ.jJ. KtlLiJSliT. pount. . The statement, slmpleand to ;;,.1;.T-S .J JP Polnl iw wme neeaea light on lerai, marttei to whether : jonabla 11ml yjr.?:."?0 government crop summary for k. fc" ' uTl .CI, T- Xf oeptemoer, snowing good, average crops, r.paii?;?SifcAi ti ..f h. but nothing more, and a! favorible Au- Rarf.n-.A.fJ& gust report of staple exports passed -in fact it looked as If all the small KSfi'a., ,rSS lhrinS tTlrne(1 nto Increase! In net. this being .flnJlf u.1JJp2d P et especially marked In the case of the at one time. . .. . . I Harrlmm llnp TTnr t)ia r tlmo In o .if 1 5i: Vr r r Utr''-r'-J , tilt' I 3 F ' J View in One of the Large Hopyarda at Independence. By Hyman'K. Cohen, While the talk of a combination among the larrer dealers of hooa has been going the rounds of the trade and press, for the paat month and haa been treated aa a huge joke by some and. en tirely Ignored by others, the talk may not be so much of a Joke after alL Present Indications point to combi nation of big people to hold the price In cheek a sufficient time to force out the little growers. A few years of ' low prices would ruin most of the small ones financially, and during theae ye&ra the big ones oould be safely protected by term contraote which thev would be able to make In advance, providing there was a combination and all the big pro pis were In it. The present situation is such thnt few of the smaller grower will be able to survive it and next year they will be forced to plow up their yards. Thoae remaining will of oourae reap the bene- 1US. , Of course there is no combination among dealers to do thla aay the deal ers out things certainly look that way. SELLERS BUY BACK SUPPLIES Wheat Market Takes a Sud den Turn for Better Weather Is a Help. spring, No. 2 northern, $1.0401.06; No. I, 10101.05. Corn No. 2, tl He; No. S yellow, SlKe; No. , 80H)ho. Oats No. 2 white, 60 He; No. S white, 48ft 51c: No. 4 white. 47 H 49c; stan dard, bic. t Range of Chicago values firnlshed by uverDecK ft cooks company: Sept Dec. Dec. May old. WHEAT. Open. High. 98H 98 97H g I..OW. 98 8714 Close. 98 101H 101 H 100 World's Wheat rrloea. December. Portland 9SA Chicago 8A New York. 1064 Kansas Ctty.C. 92 St. Louis 98 Minnesota ...1...! 100 U " Duluth 90V4 Winnipeg ............... 93 Liverpool .7s6d CORN. Sept 80 81 80 Dec 69 69 g May .... 67. 67 66 OATS. Sept 49 49 48' Dec 60 60 49' May .... 62 62 62 PORK. Oct ....1495 1610 1496 Jan 1692 1700 1690 May ....1697 1697 1690 CARD. Oct ....1005 1016 1005 Jan 686 991 986 May 987 1000 987 RIBS. Oct. .... 962 966 960 Jan 886 895 886 May .... 910 917 907 98 101 81A 69 67 49 60 B 62 A Of course with such a condition rul-1 very long while the money market gave CHICAGO WHEAT MARKET, Open. Close. Sept. 1. Gain. Sept .".8 98 97 Dec T97 8 A 97 May . -. . .. v ; 101 101 - 100 (fnltAil rrpii Leased Wire. I rhirajro. SeDt. 12. Wheat at the open ing was strong and higher, which was nmtvhit of a surorlse to many. In view of continued heaviness of receipts In the northwest and the accumulations at market centers resulting from that. Liverpool helped the market at the start by being a trine nigner noiwiuuuum lng the weak turn to this market last hour of yesterday's session. Weather waa atlll rtrv wltnout BIKn oi cnang- l,51-aKBdJI,?2a W. h,vVmertnH eurltT that resPect 'or another day at ESSSS tJS the rh?TiJ5 m5 ?VLP.P, Vi? .The more 'nterestlng movement was JgK.tw lh L$ u'.'IL0; the hardening of rates, both for call and VilLZt. th? hnt.J lW,7 ,h-d .m.nr a,".d tim loans the first evidence that the disgusts the buyer, but the small, un- autumn crop moving, demands had be- "ni'tS fnd P1rlT P6"5 or, overripe to make themsefves felt No doubt lU.f ni WantS eXCept PerhRP" the circuit court's decision declaring uS: at a nominal price. , consUtutlonal the so called Hepburn relcheS that the market c.MKlec? 2? ?J2..YSL K"' j in irf V T. ."i?1 so tnorougniy anticipated In the se. 1507 1700 1695 1015 990 987B 962 890 916B Statement of N. Y. Banks Inade It VofltabierTd. better at 11L I Wr ,J Some wheat there Is no complaint to find regarding r.Viv-Ajri..,.':uiiS "Sir bought back the prices received. and i. Isikuph to rea-arii wni,M-. to some SMALL POTATO BUSIXES. Light Orders From North the Onlj Outside ,daf A(MSz. . ykmhrh Trade From Outside. The market was very quiet for pota toes during the past week. While there waa some demand from the far north for select stock and for which buyers were paying as high as $1.10. the vol ume of northern business was so small that It could scarcely be counted. While local trade Is quite fair for this time of year, buyers are purchasing from hand to mouth because Of a large per cent of the supplies offered are not fully matured. There) 1b no shlnninr de mand outside of the small call from the far north. A dron of 25r Is shown In tha onion market for the past week. Offerings by local people are more liberal and the market Is quite well supplied with stuff rrom caniornia. waua walla stuff has about dlsaoneared from thla mar ket most of the remaining stock being of Inferior quality and Is being sold at most any price to unload. BUTTER MARKET STRONGER. form measures In the llarht of an In. frlngement to business Interests. Those Who Cot Prices a Week Ago Are Now Quoting Advance. During the latter part of the week there was an advance of lo a rlnd In the price of creamery butter. This ad vance was made by those who had pulled down the prices a trifle early the previous week, all seeming to realise that they haa made a mistake. The gen eral market remains unchanged with prices firmly held at 21 a a pound for Desi quality, supplies are ratnar light. Cheese market la holding steady with 'trade rather light Holders are not pressing siocks upon ue market v The poultry market remained rathe a!ow all week although supplies cleaned up fairly well at the low quotations now in errert. mere waa a good de mand for turkeys all week with few arrivals. Egg market shows a slight advance rnr me weea out tne market 4s not disposed to be any too firm at the new figure. Lighter supplies, however, would send prices Dooming. FRO XT STREET RETTETTS. Brief Mention of Some Lines of Trade for Past Six Days. Cantaloupes were so plentiful during ine wwi imi inn ro couia not take care of them and many crates were dumped and otners sold at ruinous fig- ure. Grape market Is doing slightly better. Cabbage supplies remain small but prices are sncnanged. Because of the scarcity ef supplies from the Colombia salmoa prices are Bern yery nrm. Hop market was eulef daring the Tnk with sales from S to THe a tound. Dressed vsal arrived in rather large supply oinnr ine wa rwmi rams la such poor condition that It was damnod. Oood staff brought the snotatiosiS, Same In dressed hogs. e Pront tTV sells st the foftowtnff prfr. Thoee lH shippers are lees r eu la r .com misaj oa : Banes. KfTS aaat Waltry. BUTTER Extra creamery, 81 a; faery, lc: store, 10. BCTTKR FAT De4lyrr f. Sw V Portio4 IvMt creaaa, IM; sow, IM er lt LoraL beet, tT92r: srdl rry, ITr; large lets. 1e ares; ossterm. 2i': l-l vtorar. 24 0tc POT 'LTRTM lied fhkkena. ItUe:1 reeours, s.4, le; fryeia. He; brokers,! 14c per lb.; geese, spring, lOo; turkeys, alive, old, 17 18c; spiins. 20c; spring ducks, 13 15c lb; pigeons; squabs, J2 $2.60 per doz. ; old, $1; dressed poultry, lS,lo pound higher. CHEESE Full cream, flats, trinlnta and daisies, 14 c; Young Americas, 16 c. Sops, Wool and Ktass. HOPS 1908 crop, 68c lb. WOOL -1908 Willamette valley, 18 015c, SHEEPSKINS Shearlna- lODMSa each; short wool," 26c(90o; medium wool. 60c4rll each: lonar wool. Tfin $1.25 each. w MOHAIR 1907 Nominal. 18lc. TALLOW Prime, per lb, 04c; No. t and grease, 22c. CHITTIM BARK 4 6c. HIDES Drv hides. 13 14c Ih- mm. 67c; calves, green. 810c; kips. vie iv, duiis, green sail, pso id. ..' Grain, nonr and Say. . WHEAT Buying price, new Track, Portland Club, 69c; bluestem, 98c; fortyfold, 0c; red. 87c; Willamette vll- ley, uc. MILLSTUFFS Selltita; pries Bran. $26.60: middlings. 111.60: shorts. 129 00- -w a . ' n n . ' I ' . viiuu, i(iu per ion.' FLOUR Jsenlng price Eastern Oro- Jon patent, 14.86; straight $4.06 65: export $3.6068.70: valley. 14.4 graham s $4.40; whole wneat. $4.66; lv, an, iff.ov; Dates. A- BARLEY Feed. lt4.B0: rolled. 1?(IA- HAT Producers' price New timothy, Willamette vallev. fancv. 114 All! .r. dtnary. $14; eaatern Oregon. $1 mixed. $10010.60; clover, $9; grain. $19: cheat. $10, alfalfa. Sit. OATS Track, new No. I white, $2S 028.60; gray, $27 10028.00. rralts aad Tegetables. FRESH raUlTS Urangam, $4,009 4.(0: banana a (ka ner lb., eratad. a- lemons, $4.60e.26 box; grapefruit $4 1.00 ber- ' "1 - " w - " v- 1 ., ivg pea. 7c 0 $1.60; watermelons. cwi: cuuu ax no a. unp rtiw unrnn. 11 va m. . it m ... . . . J. L gariic. se 10. i--L.r-o imbw, aeccrsi.ee box. rviAiuc.9 nw, selling 1 1.00 O 4.60; pineapples, Hawaiian, $2.6001 dos.; cantaloupes, 60 J Sic; blacktx nes, 11 p ONIONS- sold out yesterday was today and the trade was extent calculating on the pos sibility of rain within a short time and drying up or farmers aeiivenes as soon as that change in the weather shall be experienced. . The market stiff ened up near the end and best prices of the day were being made as the close approached. Corn put up a strong front at the Immediate opening, partly the result of sympathy with wheat at tne time ana nnrtlv because of the number of coun try buying orders at the opening. Sell ers were the local traders who saw the rapid maturing of late corn from the drought and heat Local operators had still more to sell after the first batch of buying orders had been filled and the price slid off a cent or so be low the previous day's closing figures except ror may com which uiu nmh, fer to the same extent as the nearer deliveries. ' Some attempt by September shorts to cover put the price up sharply to 81 cents, or cent higher than it left off the day Derore. uecemDer ciosea at a decline of ic. May closed 1 1-16 cents below where it closed the day be fore. Sample market was weak and prices paid from to o under figures 01 yesterday. Trade in oats was brisk for half an hour and while prices at the start showed no change to speak of. the sell lng was heavy and principally by the receiving class In the lead. Sample maraet was easier ana prices rrom to c lower man was paia tne aay do fore. DemAnd was good in the hog prod. ucts and the increase In business was to the accompaniment of higher prices. Cash sales Wheat winter No. 2 red, 999c; No. 3 red. 98 99c; No. 2 hard, 8p9Sc; No. 3 bard, 979So; News Gossip of Finance New York, : bonds: Twos, registered ..1980 do coupon 1980 Threes, registered. 1908 do coupon 1908 Threes, small bnds . . . Fours, registered. .192 do coupon 1926 Twos, Panama Sept 11. Government Date. Bid. Asked. 103 104 104 101 102 101 102 100U 120 121 IZ1 122 102 103 New York, Sept. 12. Bar silver, 61 c, London, Sept 12. Silver, 28 11-lSd. New York, Sept. 12. Canadian Paclflo earnea ju.ov per cent on its capital etocK last year. New York. Sept. 12. Railway asso ciation reports 222.682 Idle cars, a de crease of 30,371. New York.1 SeDt 12. Dunn's Reoort savs small gains are shown In trade. Bradstreet'a reports marked expansion in joDDing ana retail traae ana collections. New York. Sent 12. August was the first month in 18 to show Increased production" of copper over the same month a year ago. New York, Sept 12. The weekly .miraiitui ox mo associated oanxs today shows: .?e"e,?e on Rl1 deposits, decrease, $7,652,125. - . Reserve on all deposits other thaft1 United States deposits, decrease,. $7,698, 125. Loans, Increase, $21,999,100. Specie, decrease, $2,574,900. Legal tenders, decrease, $722,100. Deposits, Increase, $17,420,600. Circulation, decrease, $230,800. Total loans. $1,322,730,600. The surplus of the banks is $54,358, 650, as against $6,918,700 a year aro and $3,636,400 two years ago. 1 New York, Sept. 12. Metal prices: CoDDei Lake. 13 18: electro lytic, 1313e: castings, 1313 Lead 14.66 f 4.B0. Tin $28.4028.62. Wflihlnrtnn flAnfc It Tha raoort of the treasury department today is as 101 lows: RecelptB, $2,241,725. Expenditures, $ly860,000. Sheep Weak in East. Chicago, Sept, 12. Official run: Hogs. Cattle. Sheep, Chicago 6,000 7,000 15,000 Kansas City 20.000 1,500 800 Omaha . ... 8.000 100 100 Hogs are strong at yesterday s clos ing prices. Left over yesterday, 3,900 Receipts year ago, 14,000. Mixed, $6.50 7.15; - heavy, $6.907.22; rough, $6.r06.80: light $6.50(317.18. Cattle Steady. Sheep Weak. STOCKS CLOSE MIDST A VERY GOOD RALLY Some Are Carried Up Two Toints From the Low Fig: ures of the Start. 7 From the Spokesman-Review. WHEAT ARRIVAL HERE ARE AHEAD OF ALL OUR RECORDS white. $4 75; pint $3.86: bayou, $1.31; I umaa. is o; Mexican naa, t t. COFFEE Packagebrands, $14.60. BOARD OF TRADE RECEIPTS. Cars Keats, risk aad rrosisauag. celery. 7$c: ecsrlaet I flic 1.1601-76 sack. ii.io; Duytng Tor snif ftg; per rwt. lie 1.10: ordinary. Tattlac: awa.t VEGETABLE? Turnips, new Oregon, $1.24: beets. 11.6S: carrota. IlliAi 11 sack- parsnips, 16c e $100; cabbage. ll.iiOl: to ma toe a, 40 40c box; beaaa. we, timimwir iajirornia. crate, f 1: Ml. ( W-u. K.. &. .. Ml L m a - artichokes, ) dos: rreen onlona. ita per dos: peppery belt 01o; Chile. ( ; bead lettuce. ItOlOe dos; cucumbers. local, ittfzeo oos: radishes, a ovn Duicnn; ceiei greea corn, $1 acsssrtss. arata, BTVa. BCaAR California a. Hiaaiu. finary CuNa, $a.4S; powdered. $6 16; sfTy $t.6: dry granulated. M; XXX granulateal. $6.6; eonf. A, $46; extra - .M; goidea O, $.!: D. yellow. wrmaaaiBieo. fin; tarreta, 60; half barreia. tc: kwaea. kao aaw n aai'-a MM, tAbove prlcoa are dara aal nut votattoea) ALT Coara. lr groaaj. VII la irortod ..... .--.-...., --'. i,i a. ia ana 1 e. iiitaiU: larrw r-oc-a. 11111 m ion. RICE Imperial Jr No. 1. c; Ks. L 6tft4r: Kw frlaua. a. 7Va aVJax. 4 ; OVaia, 1 V e- i. i. t y aw. im r IK t-iiwSi-4.nmJ waits, $4.71;- Jut IALT C-oarea Half grtmsd. ISSe. I r-er- too; a, Nl.lt). imii, dairy, k. $14 64: 1a $lt r: KaUa? $111; ported Lrre-rpool, too II.: !. i.M; 4S.-111: rrtra riao t-rra. Week of Sent 12. Sent 5. Aur. 21 na.l.w si , s ii njma. cauuii. ail ronuaa ncimn,,. a m (local) hama. ic to is .. i70 per ib; H.y ;; ; ; ; ; jos 49 lip lb; cottage roll, 12c lb; regular ahortiv" ; -if Ai li fee lb: amoaed anon clears, isae bellies, amokea. io id; ahouiaers, l; lb.: otckled tongues. 70c each. PRESSED ME A To Froat atraot Hogs, fancy. 7tr8o lb; ordinary. To; large. c; veai, extra, ivic id; oral 102 15 611 By Hyman H. Cohen. During the past week Portland re ceived the largest number of cars of wheat in the history of this port break nary. 7tfle lb: heavy. ttttO lb: mutton. I ina- not nnlv tha mmhIi Kai-a hut thnaa fancy. 77c lb; spring iamb, TOT of tha sntire Pacific coast and. in fact. . .r ... every wheat Shipping center In the ls. "CALi lJ-iru--irtiiw gmi., iva. Avca-ia per lb; as 16e per lb; -lb tins. 14c nurlnr the five days for Monday holiday Til cars or wheat were re- per lb; steam rendered. 10s, II e Vr rr lb " ""'Icelved here, even breaking the enormoua VlSH Rock cod. 10c lb: flounders, rr,v1" of rrevloiis alx daya when te per lb; halibut c per ib; striped ears war received aad unloaded. k... it. nr ih: MiAih. to nar ih-1 This compares with 111 received during salmon, chlnook, Ic Per lb; oerrlnga. I the previous week ending August 29. fcc nor lb: aolaa. 7c rxr lb: ihrimn I One of the causes of the record llfee Id: oerch. Cc oer lb: tosiMd. IS nar I breaking wheat shipments to this sort lb; lobsters. 26c per lb; freah mackerel I Is the extraordinary ' demand for our ( ib; erawnan, loe per Oosea; etur-1 product coming rrom Europe, and more geoa ) per Ib; black bass. ie perlahlps have already ben chartered for id; an .r ibiiii, h ir 10, piaca eoo.1 early loading nere tnaa ever barer In Ie per lb; craba, $ III 1.7 dbseow the hlatory of the port Practically OYlTERa Shoalwater Bar. oer aal- I ikru r,i. .t.r. nf K. aa.i. i.. k. Ion, H it; rr ISS-lb sack, HJ'i Olxm- been for European account and th do- fl!ill - HsrdsML iir hST U.. ,n ,h erad. both rta7lTl!M w krt istar ail' hw"J "kI rt""sU millers were not such rasor clams, I2.S per bo. ISc per dos. ptir,intnt .Mltn for wheat during the ruwi, soea. vu, aras. I paat week. Heretofore they hare over- HOPK Plira Manila. UVc: ataadarS bid the exporters whenever poaaiMe. but lie; elaal, 9e; L B. alaai le. I while Ihey are atlll uytng. few of them r r. r.u' ui L irvw, ovia, aao, i arv iniiini. a i in. onmi to lira ine r. c: belled. Vol a- 6I: csaea. lis I erica tin to the ton note. Thla ia thai Ul. f " 1 CLUB WHEAT. Monday Holiday. Tw4ay . ..." rHH 1A Weaneaday MB IA Thmaay . ..i. fin , A FrvUy 91B fratardar U s liAr cause of a slight reaction in the price during th week for the rash stuff and th price for future delivery on tha board of trade Is also lower by a frac tion or two. Will Continue Bluectam right. ' It Is In the bluestem grade of wheat that the future fight tin season wtll continue and the premium for this grade ia very likely to mount higher and lustier above tha club and red, a tha demand Increases and supplies fall low. Bluestem Is the Ideal milling wheat for the Paolflo coast, and thla Is the grade that millers must have. Some of them us it straight, while other mix with other grades. On the other hani. bluestem wheat makea the beat grade Of macaroni flour and this accounts for th strong demand mmlng for this grade from Italv. After climbing to within reach cr $10 a ton th oats market has begun to llde, end for that reason buyers are going rather alow with their purohaaea. The chanre of front happened on Fri day, but up to thnt time producer wera small offerers. Now that th price la eaaler and a fraction loaer thry are be ginning to aelL while caah oata market i ir. there was so advance in the price if fu turee on the board of trade d irlng the week, but the rlae waa aimplr a mat ter of evening up. for heretofore the caah market had been getting far ahead of the futurea. Barley la firm, both for caah and ni- turoa. with practically nominal offerings by arowere. Bid prices on the board of trade show a rlae of 4c a cental for September delivery duilng the week and le for the I "roe o her. Board ef trad prices ef week: By Thomas C Bhotwell. (Hearst Nem by Longest Leased Wire.) New York, Sept li. Stocks closed today In the midst of a rally that car ried them up nearly two points from ths low figures, of the early trading In the leaders. Union Pacific, Steel, Southern Pacific, Reading, Northern Paclflo and Illinois Central wera at the head of tha advancing column. American Locomo tive recovered a trifle. Brooklyn Union uai was not traciea in. although it ad vanced Its dividend to the 6 per cent rate. . ..... The early decline was due to selling by professional traders who -imagined that the election In Maine, next week might attract the attentloaf of the big people who are under the market. The so-called big people do not care what happens in Maine, now that they1 have decided that higher prices are glng to happen in Wall street As soon aa the little ones discovered this they began ouying stocas again, causing tne rally. On the curb market stocks were dull in the early trading, but became' active and advanced toward the close. Neither cotton nor wheat were materially changed as a result of the day's opera tions. London was dull. A director of distillers securities says ths divi dend will not be passed. Range of New York prices furnished by Overbeck & Cook Co.. PORTLAND LIVKSTOCK RUK. . Hogs. cattle. aneei Paat week. . . . Prevtoui week 1S07 190 1905 .1114 . 990 .1005 . 215 . 477 1161 1678 1$90 III 431 ISBm 1444 1770 . 8I T4t . DESCRIPTION. 35 47 131 93 47 47 .46 11 40 By Hyman H. Cohen, Portland l!i,l.,n QtAylrv. r1. M.nt with all their boasted friendship for , the livestock raisers of ths Paclflo northwest, and all their talk of trying, their utmost to build un th livestock and packing business her, ths big peo-- Die arm not elvln tha. vMti HApth..il' producer quite the proper deaL j been brought to Paclflo. coast packing houses from Nebraska markata. Thla waa due to the acarclty of stock her. Some time ago packers mads ths aaeer- tion thaf linrll aiiAh . Dm. aa Ih. aa. pie here could raise auff latent etuff to supply th market, th producers would be paid Just what It cost ths packers to bring the supplies from ths east for what they had. At that time It was generally agreed that Uiis would put th Portland market on the same basis aa aaatern nrlrea. plus the extra freight charge, and while the market In the east waa going down, this was the rule In this market aad at other DOlnta alone the Paclflo coaat. Things became' somewhat different, however, when the eaatern market be gan to lumn unward. That waa an. other story. Packers did not follow th : eastern market then, but said ths prloo In the east mads no difference to them on ths coast. Durlns- ths naat week hors ahowtut a. material advance in th eaatern markets because of th greater demand, and for this reason local shippers wondered why they were not getting some of tha extra. money. Hogs have sold above $7 In : some of tha aaatern markata Kut In V. braaka, where the Paclflo coast poeplt get their surplus sspplles, the price Is ruling around $6.76. It costs some where upward of lo a pound to bring; the hogs to the coast from Nebraska, so the total cost of thes hogs laid down , at packing rfrauses Is close to 18.21. This is exactly 11.25 Der hundred pounds more than papkars are willing ' to pay local shippers at the yards hero - or at other coast centers, the top notoh ' being $7, and It takes something select iu oring una. i While faoldlnsr down the nrlcn of hnmm along the Paclflo coast as much as pos slble, packers have lately put the pro vision market a number of notches higher, in fact late advances have been very sharp, Uhls was due, it ia stated. to tne nog advances in tne east but the Paclflo coast raiser does not even get a ' peep af ths advance. Hogs are no higher here than for some time prevl- k oub to the advance in provisions. There was weakness in poor quality ' In both cattle and sheep during the ' past week. In the cattle market the de--.1 mand for select' steers " continued very1 liberal, and killers wero BtlU paying $ ' x for the best quality for everything that came during the week. : There was, f rices received for off-grade stuff, and he market is In reality not very firm " at the lower range. Best wethers and swes are still In ' goad demand, and th former Is still finding a good can at top values. There .was some weakness la lambs dur. about 250. lng the week, and prices; eased off 80 Voh 100 89 95 98 Anal. Cop I 76 ato. iar. ec jr., c. 3 9 do nfd Am. Got Oil. c. 34 Am. i.oco., c .... 4 8 Am. Sugar, c ... 131 Am. Smelt c 92 uo pra Anaconda Mining Am. woolen, c . . Atchison, c do nfd B. & d., c . do pfd . Brook. Rap. Tf.. can. j-ac, c Cent. Leather, c C. & Q. W., c. ... C M. & St. P . , C. & N. W., c. .. Ches. & Ohio Col. F. & I., o... Col. South., c ... do 2d pfd.... do 1st Dfd... Corn Products, do preferred . . Del. & Hudson . . D. A R. G.. c... do preferred . . Erie, com do zd pfd do 1st pfd Ot Northern, pf. Illinois Cen. . . . A N M-. K. A T.. c. do preferred . . Distillers Ore Lands Mo. Pacific National Lead .. N. Y. Central . . . N. Y.. Ont & W. North American. orth. Pac. com. 142 14$ 141 r"ac. M. ot. uo.. . . . Penn. Railway . .1124 O.. 1 C. Co. 6i reus. S. C. com.. 12 ao pra Reading, com. . . do 2d pro. do 1st pfd. . . . Rep. I. & S., com. do pfd. , Rock I., cm. . . do pfd a U & a p.. i p. do 1st pfd. ... S. U S. W.. c it II do pfd South. Pac., com. 107 107 South. Pac., com. 107 108 DO. ItlllWI), C..I zi do pfd. 61 61 iex. c rwino T. St. U W. e do pfd U. Pacific, c .. do pfd. ...... U. B. Rubber, a. do pfd. U. 6. Steel Co. . do pfd. . Wabaah. e, do p'd . W. V. TL Wla. Cent".... do rfd. Wheeling Lake . Weetlnghouae VUh 89 95 98 '62 173 27 6 141 162 .1 42 34 37 68 66 19 $7 27 27 2 " 43 14S 107 32 15 106, 107 411S it Veal calves are Quoted rather steady. With no change In values for the week. . The following are ' representative of the prices received for livestock. In the yards during the past week: , Cattle. - Weight Ay. Price. 85 Cows 3 Head heifers. 16 Bulls 10.7 Veal calves. 48 Cows........ 21 Steers. 1 Cow 3 Steers ,. t Steers. 4 Stock cows. .. 30 Stock cows. . , 6 Steers 31' 130 111 110 79 1 33 Ji 17 124 91 $$ 78.665 ' 12.80 ..17.825 - I.2S : 28,100 l.OO 30.520 $.75 .42,465 8.00 m 30,265 4.00 - 960 3 00 ' ) 8,475 ; 60 10.150 3 ., . 8.425 2.00 ' 23,525 125 t 69,484 - , 8.(0 heap. Welgtit ......34.875 8,826 At. Price. $3.09 4.00 110 37 Totals sales, 1 41.000 share. - T.00 T.B0 6.00 7.00 T.00 .2 70 E. O. ewes ri6 E. O. Iambs 164 E. O. feed ewes. . . .11.490 Bogs. Weight AyJPrlca 93 Hogs. . . .. . . . ... . ... ..17,831 - $7.00 is Hogs. . . . . ....... . , - j , v 83 Hogs 16.815 11 Hogs 1.280 60 Hogs 2.630 18 HOBS B&4 A year ago for this same week hogs showed a loss of 50c, but cattle and sheep were firm. Lambs advanced 26c, with the better demand. . , Official yard values today: Hogs Best east of mountains, $7.00: ordinary. $6.75 7.00; blockers and China fats, $6.00; Blockers and feeders, $5.00. ' 4 Cattle Select east of. mountains, steers, $4.00; medium steers, $3,600 8.76; ordinary. $3.2603.60; best cows and heifers, 12.76 3.00- medium cows, 12.002.26; staga, $2 5001.00; bulls, $2.00. Sheep Best wethers, $2.50; ordinary, wethers. 1.00l .15; lambs, 14.00: straight swes, $1.50; mixed lots, 18.109 8.75. Veal Cholc young calves, $4.50; neavy ana rougn. .bub,.vo, BOSTON COPPER MARKET. ( I. (Furnished by Overbeck A Cook Co.) Boston. Sept 11. Official bid prices: Alloues 15Eaat Butts... 1 Arcadian 1 Old Dom. 41; Atlantic 16 Osceola 11 , Bingham .... 66 Parrot 7, Boston Cona 12 Phoenix ..... 10 Butte Coala .. ISV.Q-ilncy It Black ML .... J (Royals tt Cal. A Hecla..(36 iShannon 16 Centennial ... llH'wup. A Pitts... 11 Cop Rang... 77Tamarck 7 C. Ely 8 Trinity ...... 11 Daly West .. i 'I nited 104 Oranbv 100 ll'tah M 46 Greene 11'l'uh .Coo. ... 41 Glreux 1' victoria I Maae VWolvrli 14114 Michigan .... 11'Wlnona .....a I Mohaek 44 ITukoQ 6 Nev On 16'ljUe T A Klpplaaing ... :U. 8. M'nlsg.. 41 No, Butte ....114 H. nl.,. franklin, H w York Cot. KarkH. Furnished by Onrrberk A Cooke On : cpen. nl "w. Lli" January . March ... May .... fi.pten-.ber fictober ., rocker ... ...Mi ...4 (it 1 41 lit 41. 16 i-$ ttl i : ' Hi t PEVZ1NT It 0e re sea. liu Deri gai; ii-"n rnia, iitc per gai. I JiKi iMlM is eases, lit per gJ; i4 H-'. 4e rr raL I W HIT K UaIUTm lota te arl iv. i ifiv ae j: iee mm a, r ih. W LAM, AAiig rraoeai baala, ILIi. WHITE OATS. Sept ' Do. Hllday. 1!B 1.4 1 " , I 4iB 1 47B E4a 1 ISA 1.44B 1 I A 1IB Li IB FEED BARLEY Bept Do. Holiday. ttIB 1.2SB I 24 L1B 1 liH 11TB .I4 1.24B ij ; 8 iaia Overbeck & Cooke Co. CcmnlssUa lltrduals. Slocks, Beds. Ccttoa. Crclz. E: . 118-117 BOARD OF TSAOS BUILD IN li embers (Tfckafo Board of Tra, CoT?on3t ef Lc fin ft T- rj t.-, Chicago, hew York. Boston. We bits Jit oeJy prfvatt sir tcmntttltg r&rtUeJ w'.:a tl ti xchasgea sfIMBXr.3 PCRTl-aL tOAFD CrTRArSi