THE 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