The Oregon daily journal. (Portland, Or.) 1902-1972, October 11, 1908, Image 52

The Oregon daily journal., October 11, 1908, Page 52, Image 52

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Newspaper Page TextTHE OREQON SUNDAY JOURNAL,. PORTLAND. SUNDAY MORNINO. OCTOBER 11, 1008. IX&IY ttVIEW LARGEST PURCHASE OF BHUr UPSET CREAMERY INDUSTRY I w OF NOST SECTIONS SHOW POTATO SHORTAGE ' t ' .. . - Sam Broadus, Fotato Crop Expert, Makes Eeport for The. Journal Idaho Alone Has Larger Output Than a Year Ago Even With Light Yield. HOPS MADE IN .VALLEY BY WAR CLOUDS JUST 17 YEARS OLD Total of 4,000 Bales Said to Have Been SoM Vesterdny--Herman Klaber. Reported to Be the Taker qf .2,000 Bales at 7 1-2 and fic a Bound. ... P.y llyman H. Cohen. It I stated on good authority that some 4, 009 lutlea of Imp changed hinds in the Willamette -valley during llvi 1hp1 24 -hours. This la the largest dny's business that has ever been traas- ted in the hop market here, or any ihr Mac in the country. Herman Klaber. of Klaber. Wolf A Netrer company of Portland; Herman K Inner (k Co.. of Tacoma. and Phillip Wolf & Cd of Han Kranclseo. were the purchasers of the largest amount. In. t rents rlnin to Mr, klaber state Hiat lila purchase purine Uia past 34 hours tn tha west side In tha vicinity of 1 "iiint,. amount 10 rimy nog oajrs. Mr. Klaber 1 is said to hava confirmed tht report to v several . top . men late last venlnT. other operator took about tha same mat me Mnner nrm did, making a total day's transaction of fully 4,000 ruies. AicKerr uro. took lie iaies in Win Aurora. Hutterfluld and Hubbard districts with small sprinkling of west side hope. Klaber, Wolf A Net- ter are eald to: have paid 7 Ho and Sc a pound for tha bulk of their pur- cnRses. wnicn range in annuity rrom prime to prime to choice grade. Mc Nerf Broii. paid from 7o to 7 le a pound for thoir purchases, which graded from medium to prime. The ; purchase by tba Klaber. firm cleans out entirely, it is stated, most of the hope around the Dallas and In dependence section. A large per cent or tne nops in that direction had been contracted early in the season and the purchase of 2,000 bales makes a big 11 He; broilers, Mi5e; turkeys. sprrng iIih-kh, Miiabs. llid J.er 1 dos; old, II II He; geese, spring, hIi. old, 1 7 'at Ike; UHHo lb; pigeons. creased poultry. ltfiViq lb higher. . CilhIKhIC Kull cream, flats, triplets and daisies, itvit'.tc; loung Americas, Xop?. Wool and Class. HOPS 1908 crop, choice, sc; prime to choice,. fc: prime, 70: medium III ho lb. VOoI, HOB Willamette valley. 16o. 8Hi.Kl'lSKJNS Sneering. loOilc each; short wool, ZftcfMOo; medium wool, 6Oc0fl each; long wool, 76c II. ia Men. MOHAIR 1908 Nominal. 18419e. 'TALLOW Prime, per lb, 8 04c: No. 1 and crease. ttltUo. CHIT TIM BARK Old. 6 Ho: new. (o lb. ' ' .. hiueb ry Hides, homo id: green. an 7c in: buna, rreen salt. arbe lb klDs. 6 7c: . calves, green. lOlOe Der 11.' - 1 . - -. Or la, now and Kay.' WHEAT Uuvlns ' Drtoe. new Portland-r-Club. 6if8r; bluestem, 9461 oc; lortyroui. sitfy.e; rea. Stocks Weak Owing to Ap prehension of a General Conflict in Europe. With Railroad Facilities, Says T. R Townsend, Its Fath er, Tillamook May Again Be Its Home in the Tacific Northwest Fight for Cream, Track. i. 84 S w r. , v 1 iu u. siv csf t BVy Olb Wlllamott) valley, 0o chop. 121 CP 29 per ton. BAH LEY Feed, $2; rolled. $28.60; brewing. $2'. OATS Track, new No. 1. white. 130: gray, $29 29.60. , luuh selling price Eastern ore- I4.su; straight (ton ratent, I4.su; straight, $3.90 hols in the total production. 14.65; exuort. 13.6003.(0; valley. 34.fi The hop market Is all agog everlgraharr fce, $4.40: whole wheat. I486 mo enormous purcnases ana it is safe By Thomas C. Shotwell. (Hearst Ns by Lseivst Lim4 Wire.) New York, Oct. 10. For once the bank statement today waa a decidedly cheerful teatura of the day In Wall atreet. It showed a loss In surplus re serves pr about ,ovo,uiio. mere wna done somewhere by business men to justiry tne strenKtn or tne mantel. jraninif waa uulet on throughout the aesslon a J 1 1 - - 1 -. 1 . . I 4 ,1.1.. ( . J'1 '11!! tal for the present year. 111! I'l l rm WVIVI T . . . a. a . .1 as god, and In most cases a little bet- oa fr.nl lh m.ttir to taik of estahllHh- By Hyman H. Tohen. itween. Then the Willamette valler Oregona creamery butter Industry is $,,r"' m.0,,,..I,, butter from the .. ........... ....... i.i ,hi. mnnili I IrTl. . " 1 nmiiioua. in, imt tne " ouiier waa. simDiv aniriTMui in hulk While yet an Infant Industry, the In- was later made Into rolls hv In.l r.. dustry has the best sort of lungs and, I eel vers. by a creamery n the Wlllnm- e project died not enough sows It Is safe to say that another million paying proposition. According to the an inrru.M or .iuih i s nnn n o in mini and a decree. -JfiVio thsn 17.000.000 ! m . . r"' A . ' ?f!. ." . In rl.,rw,lt. Thli n..n. il,.t ih.r. , anywnere in me worm, is in .o. - man loenianiisn a plant I .An,. . - J r..iViV Vl'.iT toaa growth. ... . eite vaney in 183. but th ZiMlt mZ V. il , T.i. -m,i I Let year Oregon produred about unborn a mp y because street, snd It waa about time something I tT nn .,K .,T Hir .,r...i,,i n,i Li.i.i ....... promoter of this unborn project, when he went through the Willamette valley The Journal has seoured the ser-. about 70 per rent of last year, which rices of Bam Broadus, the well-known "Bot b" croP- . potato -muthorlty as to the conditions k.t after the turn of the yea" but not met ruie in various centers mat gov- to aonormaiiy nign prices, ah of the any potatoes In Oregon will lie needed tills year at good, fair prices to the farmer, hut Dullness will nor amount to much until January or February. lAr t n . n . , r h. i . r r . . . . a . h i n VriAaU a LtrAn. ,,Ht7,n. ... ... in '"f creamery butter plant In Oregon. teineTiin t b" eeventeen jreara later the butter pro- UnL hCln? n .hi ntV. nrof.ny " this state has a reputation for k.uron over Wunday. London was I rJV- . " n I. : r J .L. .. k-..i. tter was manu Grain waa not materially changed. Mln ys operational. , . haIHo. nr.vlnni to ' rnaaaea. aim. i.da. . v. : . ... . . t j i. - Ins; stocks were very .lull but Cobalt If"'-. .Lmo"7i. "I".''. "'1 Central mad. a. new hleh r.enrrt -n.l nn. Parra 10 in loiaj o. ipui ot inr v...ou . . . . " i nrMTnArv n anti niirinir ino nR Mr iHiinn Warclouds in Europe unset .11 of th. ?' ? J.f??. '?.' "L.tti1 Storlc m.rk.t nl.n. this ...Ir lnB "r"l "amery w" inn..u.-- three davs eDDhenslon was felt In al "re1 " ?' "? "r,"" th. markata nf tha UlnrlH It, '..m. lm' ne nrsl p.nni wna mil 111 IIIB n if ;C2 mir?. i v, -u.J C?W.J2' lamette valley, but at Tillamook. How- hit iC miM hi . .Si . wi very short time arterwara Jat wu,.1..b0 ". uaI. war' but nlant waa established at FarmlnKton. iim general puuuc reiusea xo accept ' in h rtova of IKfll th W1 amntln these aasiiranres at nar valna Th.n I i.n tn ays Pi '"I l1e 'amette was considerable I at pur Iquldat ion of a genu- valley producer thought of nothing else to predict that some geod offers wiil ie maae ior nops juonaay morning. . The Klaber firm Is said to be very snort or good, goods and its wnirlwlnd ' purohases of ' the past few days are said to be the desire of the firm to get irom under. It is likewise stated that the firm is working In conjunction with E. Clo meat Horst, the noted bear leader of tne nop ma rKet, to corner the supplies of the Pacific coast The "corner" Is probably aimedj at the firm of Isaac t'lncus ft Honr of Tacorna, which has been a very heavy short seller for the present crop. Failure of the Flncus lirm to enter the combine Is assigned by ..some Interests as the reason for the' record-breaking purchases by the Klaber and Horst Interests during the past few days. While It would be difficult to es . timate absolutely ' correctly what the total crop of Oregon was this season, prominent dealers assert that only about per cent of the total production Is now being held by growers,- the rest of the crop being under' contract or already purchased. One reason for the great activity . of the big people this season here is that England will have. a much smaller crop t nan expeciea ana tne quality win oo scarcely more tnan medium. WHEAT MARKET IS FIBMEIl AFTER A SPELL OF WEAKNESS The weak market firmed considerably during the past week. With European values more settled because of the pub lication of the American government re port showing' a smaller crop than had been expected, all other markets ad vanced, and this helped the local trade. The receipts of grain at Portland for the past week as compared with prevl k ous periods as reported by the board of trade show in cars: Barley. Flour. Hay. Oats. Wheat, v Oct. 10.. ..69 19 79 22 178 Oct. 3 35 2 40 45 473 Sept. 26.. ..72 9 69 60 749' Kept. 19.... 45 17 90 69 689 Sept. 12 81 ( 39 103 72 736 Oats market was easier and firmer by turns, but the market closed at about the same figures as a week ago. Barley followed oats rather closely, 'but the transactions were greater. Flour shows an advance of lOo a bar ren for patents the past week, and a drop of a similar amount for exports. .Board of trade prices for the week Khow;. CLUB "WHEAT. " Oct. Monday 88 HB Tuesday 89B Wednesday SOB Thursday 80B Friday 90B Saturday 90 "4B Dec. 89 B 90B 90ttB 0HB 04B NO. 1 WHITE OATS. ' . . , Oct. Monday ...... 150B Tuesday 152HB Wednesday IhlhtB Thursday 152 HB Friday 152 H B Saturday 150B ..November. ,, - NO. 1 FEED BARLEY. ' ' Oct. -Monday .IjnB Tuesday 1324B Wednesday 13 OB Thursday 130H Friday 130B Saturday 12SV4B January. Dec. 157HB 125A 155B 155B 155B 152HB Dec. 135A 137iB 13BA 132HB ISB 132HB CREAMERY BUTTER TO ADVANCE TWO : CENTS PER POUND There will be an advance of 2c a yund in the price of creamery butter onuF morning; several of the larger ranMrnets joining in tne upward move ment, owing to the smaller supplies of Egg market shows a very aharp ad vance for the rast week with supplies if local fresh stock very scant. Poultry prWs dropped to the lowet values for about two years In the Front street market this week. While receipts were not enormous the supplies have been coming; too regular of late and In con.eQUenee every one Is filled up Potatoes are not beins- offered freely by producers and the market la hold ing steady. Because of the very smsll offerings of iocal onions eseept at high prices. It la etated that a number of cars will b trcught in from California to f:ll the iof M oriDUM. trice beldtaa- well Pearli market became rather badly glutted during tha rivst rnrk owing to tHe very lrg mppli. of small mti'm Tries oil as low as 40o a box. Large sir-ei were - mmi higrier. irr mr"- was burdened flnrlrg th. week with too Ifbersl seppltea of r '' t-k Trera was a demand for r -1 onaiitv a4 et higher prirtm tv ri etreet rlla at tha, fnliowln lana. r4 shippers sre leae sstaa. Sm . ,VK ereasBery. 4o " ' 7 ' T e "r. tec . TT1..1 r AT-llterr t fc. r .-t 4'4-Jewt ere., iiti swr. is :-r ti. , , I--L W. tl9tM; easUrs. . : atsrare. M Jlr. ' ' I f kF Vt.se. e-kera. lie: '. 1 1 Sr. reteTm. c.d. ; fryers. rv. Ka H Kn- huln tl. HAT Producers' price New timothy, Willamette valley, fancy, 1314. or dinary, I13.E0: eastern Oregon. 316?16; mixed. I1010.60; clover. Si; grain. 110; cheat. 110; alfalfa, 1011. JTrolts and Tegatablas. FRESH FKUITS oranges, 14.009 4.10; bananas, 6 He per Id., crated. o; lemons, S4.60&6.2& box; grapefruit, 14 0 4.50: pineapples. Hawaiian. 82.60 U 3.00 dosen; cantalounes, II 7S; black ber ries, xi.zo; peaencs, U4j)uc; pears, f 1,26 irrj.ou: grapes. iacwi.v: oasaets. 26c: huckleberries. 94210o Dound: cran berries. $9.50 10 per bbl. ONIONS New Oiegon, 1101.25 per aunnrea: game, c pouna. APFLKS isew, bliceixi.zs per box. POTATOES New. sellina-. II (fi! 1.10: buying for shipment, per awt. fancy, 90c; ordinary, 764800! sweet. 2l)2'ic. VEGETABLES Turnips, new OreKon. 75cl; beets, S10k.26; carrots, C0i 75c sack; parsnips, 86oL00; cabbage. z W 2.60 ; tomatoes, local, aowtbc per .ox: California. SI crate: beans. 10c: cauliflower. t..25; peas. 10c: horserad ish, 12o; artichokes, ( ) dos. ; green onions, lac per doz; peppers, bell, sip 10c: Chile. ( ): head lettuce. 26iZH30c doz; cucumbnrs, SI. 50 box; radishes, 15c dozen uuncnes; ceiery, v0auc; egg plant, 6c; green corn. 11.25 sack. Oxooexies, stats, Sto. SUGAR California & Hawaiian Re finery Cube, $6.40; powdered, $(.25; berry, $0.06; dry granulated. Id. 05; XXX granulated, $6.95; conf. A., $8.06; extra B.. 6.S; golden G., $6.10; D., yellow, $6.86; beet granulated, $6.86; barrels, 16c; half barrels, 80c; boxes, 65o ad vance on sack basis. (Above prices are 30 days net cash quotations) SALT Coarse Halt ground, 100s, $11 per ton; 60s, $11.50; table, dairv, uua. ifl.uu. iu.. iid.uu uniBS na: I lmDOrted Liveroool. 60s 320.00: 100. tis.uu; .a, js.uv; extra rine ZS, bs and 10s. $4.506.50 a v"-i ey.v.w tun, RICE Imperial Japan No. 1, 6c: No, 2. 6&6J4c; New Orleans, head, 7vc; v ; , v-rewie, o 'j. nuna i iew, 100 per ID. COFFEE: Packagebrands. 116.50. BEANS Small white. $5.10; large white, $4.50; pink, $3.76; bayou, $3.75; U1111113. i.ia, Aiexican reas, it. BO. Heats, rish and Provrsnms. HAMS, BACON, ETC Portland pack (local) hams, it- to 13 lfce. 17c per lb; breakfast bacon, 1623o lb; picnics, llo lb; cottage roll, 12c lb: regular short clears, smoked, 13c lb; backs, heavy, smoked, 13c lb; light, smoked, 14c lb; bellies, smoked, 15c lb; pickled tongues, 70c each. DRESSED MEATS ITrnnt ( TTnira anfi Gfi.O. IK. I a ... TslC. large. 7c: veal, extra. 8U,iSc lb: ordi nary, 7Se lb; heavy, 66c lb; mutton, fancy. 74J7V.C lb: SDrlna- lamb. ltl7Ue lb. LOCAL LARD Kettle leaf 10s. lfiei per lb; 5s. 16Ho per lb; 50-lb tins, 14Ha. tcr in, nit'ain renutirea. lus, i40 per lb; 6s, 14"c per lb; compound, 10s, 84c per io. FISH Rock cod, 10c lb; flounders, sc-per io; naiibut, 6c per ID; striped bags, 15c per lb; catfish. 10c per lb; salmon. Chinook, 7c; sllverside. 6c; her rings, oc pei id; soies, vc per lb; shrimp. 12c lo; perch. 6c per lb; tomcod. 10 per io; luosiers. zoc per id; rresn mackerel. ) lb; crawfish. 20e per dozen: stur geon ( ) per lb; black baas, 20o per ne rharsrler In London an fr. allln. Prpaucing line uui wie rowin i )f American atocks was lndulsed In hv wnat- l wa" wneal n,L " '" e ve' ttnlianH i wnem ana cows were iew ana ir oe- The ouantity of stocks that could m w. rZtlvi v i ni .h.' Mkn peninsula. What the markets wofd Sot" hav'male an?' 'serious Si? ti.rl.ance hut for the action of some New I,fou-" hJfratchlncM York operators who took advantaae of .r ft .war "car5 ,.ln w,llc.n rnan0,a; the sltuat.on to bring about a general ViT."' .lY. 'V .f. k." rftacflnn in thm lint, flnnnlnlnn the Rock Island crowd as the a-ulltv wlth Bulgaria's declaration of lndepend- narties I ence nave Deen looKea upon as very HIXGE8 OX WAR XEWS to Entire Financial World Listens Reports from Balkan Peninsula. New York, Oct. 10. This week's en- flea flnnnpfal m-r.ma. f f 1 abroad ha, hung on th, new, from the ff.rTfh.&'o'SSh grave, requiring the most delicate dlplo- matio nandimir. That our market has had to bear the brunt in the general liquidation Is evi dent, and tne reason ror this is equally clear. During tne past year or depres sion Europe's holdings of American se curities have sreatly Increased. More over, the rail and subsequent recovery hv ii tt ii. iiMiamwMMiM .-y;'.:'- , : . ' ' - , " -e ' t l ' ' ; T. S. Townsend, Who Eatablished First Butter Plant at Tillamook. mmm is sunwEfis In search of cows ne was told bv with us than Prr,minent resident that there was not h.flA hoidinira enoucrn crass in the entire Wlllametta are e-reater than those which foreign valley to supply the feed for sufficient capital invested in ether directions can cyws io run one piant. it was not until generally show, our market, accord- r!"1 iair tnai i. a. lownsena ingly has been the most logical one M.he was the man In search of cows In for a selling movement based on a Eu- tne yviuamette valley) round a sufficient ropean political crisis to begin, and numoer at nuamooK to supply him this Is all the more true because It wlt" .enouS" "earn to start his plant. happened to fall at a time when power- A ounamg was erected there for the fuf interests on this side of the water Purpose, and not only did the new plant were actively ena-aced in a campalam manufacture butter, but cheese was - i mama a a nr a av-aai-x era prices and demand for Oregon stock. The following la bis first report: T ataxa Broadus. Fort Worth, Texas, Oct. E. Commer lal editor Oregon Journal Complying rlth the promise I made while in Portland I will a-lvs vou a avnonsis of the potato situation in the west, as 1 caw It. I hava visited the large growing sec ttons in California, Oregon. Washing ton, laano. California. Kansas, Minn sota sna Wisconsin. California Is short outslda of tha rlv. er districts, where the cron Is normal. New Tork. Oct. 10. The weekly stale- western Oregon has a normal crop, the ment of the associated banks today Statement of. N. Y.'Banks same la true of western Washington Eastern Oregon and eastern Washing ton are very snort, laano nas an in creased acreage and will have more po tatoes than ever before, desnlta a. Ilrht yield. Colorado has a larger acreage in. ii iui vur ana win anin mora anuria As we go east the yield Is smaller, the best estimates I can get In Minnesota ana Wisconsin place the output at shows the following chances. Reserve on deposits, decrease, 37,I1,- $26. Reserve on deposit, other than Uni ted States deposits, decrease, $7,574,- 676. Loans, Increased $11,227,100. Specie, decrease, $6,426,800. Legal tenders, decreased $669,700. Deposits, Increased $6,981,700. Circulation, decreased $242,200. Total loans, $1,324,358,000. The surplus of the banks In $37,019 - 226 as against $4,656,640 last year and ... wiwwui. a i.urvau iu too ouiBiat, snu, while her supplies of cream are heavy. the lack of direct rail transportation I $13,024,400 two years ago. uidpqq ixia oroiecr in iib lnrancv. Tn- umy iiuimuoK ia not miKinv aurnaient i ... , w . n , . . creamery butter to aunnlr It." own rtHjuct xteceipis and shipments are sometimes mad from The receipts of produce at Portland here. However, the cheese Industry is I for the past week compared with p re- growing very rast, and today Tillamook, vloua weexs as compiled by tne port- nsteaa or being the butter center of the land board or trade snow: coast, has a reputation for cheese that allows its cream Droducera to rMiv. a higher price for their cream than any Oct other section enjoys in the entire coun- Oct. 10. 8. I, ii. . t-t a I Railway earnings continue to show th tainS 111 tllC Grain COlintrV allht ration of the improvement tha . , , - I they have all summer and the commam Adas strengin to wneat in the Chicago Vit Liverpool 4 World's Wheat Prices. December. 4 e Portland $ .93 A 4 4 Chicago 1.01 B 4 4 Kansas City 95 M 4 4 Minneapolis 1.02 4 DuJuth 1.02 4 Winnipeg 93 4 4 San Francisco 1.65 B e 4 Liverpool ...7s 8Td 4 4 'Per cental. 4 ! for higher prices. These endeavors have, of course, been abruptly checked by the downpour of foreign selling or ders, Railway earnings continue to show the t maud over operating expenses has become very general. The main feature of the situation still is the large accumulation of buying ojders ready to be executed if the election turns out favorable from a business standpoint, as viewed by Wall street. In the present position of bank re serves both here and abroad, and witM currency withdrawals showing an even smaller total this week than for any week of the recent past, an outward gold movement would certainly not oc casion much concern in the money mar ket. During the whole rise in the sterling market this week, call money has been pressed upon borrowers at 1 and fre quently as low as 1 per cent. CKICAGO WHEAT MARKET. Oben. Close. Oct. 9. Oaln. Dec 100 101HB 100J4A May ,...1034. 104, 103T4A V. July 97 i 98 97 A Chicago, III., Oct. 10. War possibil ity appearing to be gradually dimin- isn er lb; steam rendered. 10s. 14o perlbeino- fraught with nn.aihi. urinn. .on .. j , t . , . ., lng was t lie cause of the weak start to wheat. The tendency after the first few minutes was toward recovery of the slight decline: The continued dry weather In the winter wheat territory, every day of its further continuance lb; silver smelts, 6c per lb; black cod, 7c per lb; crabs, $1.25 1.76 dosen. uiniRnn enoaiwater Ha v. per gal lon. $2.60; per 100-lb sack $5.09: Olvm- pia, per gallon. $2 40; per 100-lb sack. 6 0006 50: Ea!e canned. 60c can $7.00 cozen: eastern in shell. Jl.75 per 100. CLAMS Hardshell, per box. $2.40: razor clams. S2.00 per ox: 10c per dos. ralats, Coal, on, sto. ROPE Manila, lO'c; sisal, 7 'i.c lb. BENZINE! 86c dee., cases. le nr gal; Iron bbls., 11 He per gaL TURPENTINE In cmm HUr. nor gal. Lljf SEED OIL Raw. bbla &9- cases. 68c; boiled, bbls.. 54o; cases, 60c a ral: lota of 210 rallona. la In. nil caka meal. $34 ton. WHITE LEAD Ton lota t. n. tw. a., iw i .. 1 -I .v. wvw-ia I"... ac io: jaas lots, sue in WIRB NAILS Present baais. $116. BOSTON' COPPER LARKET. (Furnished by Overberk 4,-Cooke Co.) licscon, Oct. 10. Official bid prices: Adver.tuse AJloU' i Arcadian .. Atlsnttc ... Bingham .. Black Mt. Cal. A Ariz Cal A Hech Centennlel S'-lArlz. 37 Nlpriisslng 33 !N Butte . 17 E. liutte .. 13Old Imm. . 8 H iOscf r.Ia . . . 116 IPerrot .... 666 Iph-K-tilx .. i Quhicy 8 81H Copper Range 71 'Shannon Ely I -a It Wt Franklvn Granby ... . ir'-ene . . . . Glroux . . . . Mane Mich I ran ., Mohawk ... MUirl Nevada . . . Newbouse ' iTamamrk . . . . ITrinlty . 12 (United . 181 U ftsh Mlr.lng . 1S 1 'iah "or.. . 4 s, 'Victoria 1 Wolverine . HVYuknr . . :S Bav 6t Gaa 8. Mln.m iiV,r. s on . .. 44W . .116 S .. 26 . . CO . . i? . . . . 71 . i; 1-1 4 4"', tl 1ST k ' Pec July sequences to tne next "crop, was per naps, uppermost in tne minds or trad ers at the commencement of the sea sion. ' Argentina news or heavy rains, un lavoraoie to the wheat crop, waa on of the later sources of strength. The market was steadily on the rise most of the time and within a shade of the nignest in the end. December wheat was above yesterday. May wheat snowea an advance or ftc to c. The market did not remain over 10 min utes under bear control and after re covering trie loss made at the begin nine added a little besides to emuha- size ine reenriKs or tne bull party. Offerings of corn In the sample mar. ket were lljrht. December showed He improvement la rice at the close, after recovering nc decline It had to start with. May left off where it did tho day previous and July at c advance. NO treat amount or business waa done in oats, but the market was firm. Drought was the dominant factor in this as in other transactions. Sam ple market was arrested at the previ ous day's prices. Provisions were again weak, ignoring strength of the grain market at the beginning and showing no rallying power until more than half tne session had passed. Cash sales: Winter wheat. No. 2 red, 102S; No. 3 red. 99H01O:: No 100U -u K'2S : No. 3 hard. 996102 spring. No. 1 northern, 107108: No, 2 northern, 106:107; No. 3 spring northern. Corn No. 7. 79 0 80: No. 2 white, 79, No. 3, 77378; No. 8 yellow. 86; NO 4. Toy 77. Oats No. 3 white, 47ttT50tt: No. 4 white. 4" $48. Stock Market Price Ranges made as well. From this small begin ning the production of butter in Oregon oils urown cunsiaeraDiv DUt IS still growing. While Tillamook was the home of the first creamery butter factory In this state, the industry did not secure a good hold there because of the difficul ties experlgjnced in making shipments to other sections. Tillamook was, and still . 8Pt.?. vv nn me oromisa or raurnari r.nm. Mont. 1 1 . Lies imo me iiiiamooa mna N.tii m K.nL n region, several creamery men are talk-1 Sept' 6 lng of again Invading that field for the Aug. 29 uranuiai'iure ok Dutier. ana on rnia an. i Ana ii uvunv mere promises io Da one or tne ne, teni uuu mr cream supplies ever I Ti..,l n,AB, . waged In the Paclflo coast states. Liverpool Wheat Market. i . H. Townsend the Pioneer of tha Liveroool. Oct. 10. Cros. Cream. gals. ,.26.787 ..26.199 ,.26.893 .16.685 .27,637 .22.794 '.22.230 .38.068 Butter. boxes. 797 1.191 617 640 687 423 686 425 Eggs. Chicks cases, coops. 1,469 1,998 617 1.847 1,740 964 1.421 480 604 679 434 414 423 648 165 Tillamook Induatrv sava an nn4 father should certainly know his son. December. 7s 8Td; May. 7s GKd. March, Wheat 7s 61d; Overbteclk & Cooke Co. Commission Merchants, Stocks. Bonds. Cotton. Grain. Etc. 216-217 BOARD OF TRADE BUILDINQ Members Chicago Board of Trade, Correspondents of Logan & Bryan, Chicago, New York, Boston. We have the only private wire connecting Portland with the eastern exchanges. MEMBER8 PORTLAND BOARD OF TRADE. DESCRIPTION. O a a Amal. r Q o tt loi 2 hard. Range of Chicago values furnished by Overbeck A Cooke Co.: WHEAT. Open. High. Low. Close. lec 100 101 109 101B May July SAX FRAXCISOO GR.4IX MARKET. Ban re. Mar July Pre nelson. rvt. : n t -,-.....-. i efriff. oiiAUtiriri "ft Caab what !a a whit l',n- II iwr.R' " lr '!,. lu-k.y ri'May latere trler Mar tl tn n ak-. Ifnlt 11.46V, hid lr. M!:Stuffs rraa mLldiln.a I Ja. swrta. 11 . I til M. 13 104 103 104 H , wit CORN. 64 6S 4H 4A 4 64 64 64B 61 ffl 61 63A OATS. 4 4 4 4A 61 61 61 61A 41 47 47 47 B PORK. 1314 151$ 1365 152$ If Hi lit! 1650 1J47 . 1670 117 16&0 LARD. 6 l IN fj ! 26 6 17 42 I 927B RIBS. tot tJi fi m 4 4 ( fl I 16 . ! Ill Cod. Co. . , Am. C. & F. c... do nfd Am. Cot. Oil, c. . Am. Loco, c Am. Sugar, c Am. Smelt, c. ... t do pfd Anaconda M. Co. Am. Wool, c Atchison, c B. & O. c. . . Br. Rap. Tran... Can. pacific, c. . -eni. ieatner, c. da pid C. & G. W. c... C. M. & St. P.. . . C. & N.-W. c C. & O Colo. V. & 1. c... Colo. South, c. .. do 2d pfd do 1st nfd Corn Prod, c do pfd Dela. & Hudson. D. & R. O.. com. do pfd Erie, com 'do 2d pfd do 1st Dfd O. North., pfd.. . 111. Central Louis. & Nash... Mex. C. Ry M.. K. A T com. do nfd Distillers Ore Lands . Mo. Pac. . . . Nat. Lead . . N. T. Cen. . N. T.. P. A W.. Nor. & W., c . . . do pfd No. Am No. Pac, c Pac. Mail 88. Co. Penn. Ry P. O., L. A C Co. 74 40 47 86 42 87 95 48 172 25 7 134 74 40 49 86 43 87 95 48 172 25 7 134 41 34 40 65 42H 35 41 73 40 47 85 42 87 5 48 171 20 6 134 65 26 31 26 31 44 131 04 29 44 182 63 82 105 40 34 40 65 26 31 43 121 80 63 S2i 103 101 104 29 40 72 189 122 41 72 140 123 62 811 103'103 IV 71 74 40 101 85 48 130 86 104 42 22 87 95 48 171 25 93 6 184 16 41 34 40 57 65 17 73 65 26 68 31 86 44 181 13 1 106 15 29 04 29 t3 81 A 1 7 f Bteei car, e. Reading, e do 2d pfd ... do 1st Dfd . . Ren. I. A S., c. do rfd Rock IsL. c do nfd L g.F..2d pfd 81. 1 B. vr., c. do pfd So pac, c. do pfd Southern Ry., c. do pfd Texas A Pacific. I.. Ht. 1. at c do pfd Union Pac, e . do pfd U. 8. Rubber. do pfd U. fl. Steel, e. . do pfd Wabash, e do pfd Western I'd Ion Wis. Cent., c . le pfd . Wheeling-Lake. w llrt ftina. 33 33 129 129 87 79' ' 1 41 32 II 87 40 71 1 62 139 Z4V 122 ID 33 33 128 129 87 139 122 !103 11s ii 21 6 3 24 24 ( 168 31 4 17 21 79 19 47 11 17 47 V. ivij 1 vz v, mi 14 118 1117 117 79 19 41 33 18 79 31 17 21 62 21 14 61 163 11 4 loiwies 26 41 7H 26 Total aaiee, iit.K ebaraev 62 24 162 ii" -46"i Il 21 71 61 24 24 18 11m S7 iei 46 lt( 61 21 74 i LATEST NEWS, No. 4 Keep in mind that we own 220 acres 11 full claims in the heart of the richest mining section of Idaho that we are developing our properties under the personal supervision of a mining engineer who is a practical miner of 18 or 20 years' experience in mining states. Under date of October 6, 1908, our engineer, Mr. H. D. Williams, M. E.. reports as follows : "We have been busy getting in the ventilating system and it works like a charm, I am rather proud of that stunt myself. "We cut another streak of quartz in the breast, considerably larger than anything we have hit heretofore. "Tunnel No. 1 is certainly taking on the 'ear marks' of a lively looking property, and I guess it is a good thing we have the ventilator, or the boys would all be asphyxiated, hurrying back into the powder smoke to see what the last shot turned up, I was up to Tunnel No. 4 today this is in 86 feet and has a fine quartz showing. The vein pitches into the ground quite rapidly, and would have to be developed by an incline from the present tunnel. There is one of the biggest quartz leads in the slate, that I have seen on the prop erty it pans nicely and will make a mine itself. "Tunnel No. 4 wouLd make a mighty good lease for those people, as it shows some nioe mineral. I expect flat royalties of 15, one year's time would be about all right, here, where they open up their own ground, although that ia a hard proposition to figure, as in the Blflte they are likely to strike pockets of nuggets that would give them an inclination to do a little 'hitxh cradinff And it. would be hard to keep tab on your own men, to say nothing of leases. "Just as soon 'as I can get the pressing work caught up, I will get at those maps for you, with the different tunnels, their location and development, with vein strikes and various otner information." From the above you will observe that our men anticipate breaking into big ore values after every shot of powder. They are n the ground, old, experienced miners, and they ought to know. A telegram may any day give the news, then our stock will take a jump in price. Get in now while .the price is still 25c per share Regarding tunnel No. 4, where Mr. Williams says "those people," he refers to parties who are negotiating with us to work some of our ground under a lease contract We have several such negotiations pending. Don't lose sight of this property it's a big money-maker for all of its stock holders. . $5.0 J Cash and $5.00 Monthly Wfll Buy 200 Shares The same ratio of payments will buy a larger number of shares. Write for application blank. POTICIE MINING COMPANY SUITE 3, RALEIGH BLDG, CORNER 6TH AND WASHINGTON STS. PORTLAND OR. N