The Oregon daily journal. (Portland, Or.) 1902-1972, October 18, 1908, Image 53

The Oregon daily journal., October 18, 1908, Page 53, Image 53

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Newspaper Page Textj the Oregon Sunday journal. Portland. Sunday mornino. October, is. im. JLVIE MORE ACTIVITY WHAT'S A WHOLESALER WIL1LELY W Of FINANCES GASH STUFF IS BEAR FEATURE Grain' Is Pourinp: Into Big Markets Too Swift and Holders Let Go. KILL BOARD OF TRADE BANK EXHIBIT IS VERY GOOD Strong Financial Statement Issued by Clearing House : West Independent. III OP mm OR RETAILER ANYWAY? AIM OF GRAIN CLIQUE linvers Promise ' to- Po Things Coming: Week Sales Have Started. St lyau Oohsa. The publication of the final report of the English government on this year's hop crop, wag somewhat of a surprise to the trade. To the producer of hops In this state it offered some slight en- 1 couragement to hold his supplies for a better prtoe. Transactions here during the past week while not on an axtenalve scale were more liberal than some or the growers believed. . , Shorts are making every effort to se cure choice quality because a large per cent of their contracts were taken at high prices and brewers will not accept them this year when hops are so low unless quality Is fully up to ths con tract In order to get this shorts have been scouring tne country ana n forced to bid higher prices In order to get the quality they needed. The big operators of last week, Ru ber. Wolf Netter Co.. were scarcely In the market this week but ,0.dln,? to Mr. Klaber, the firm's InacUv ty will not extend Into the coming week. Mr. Klaber states that he Intends getting Into the market again as soon as he can take his old purchases in. There are many orders In the market at this . a MsrA hnna around 7 Ho ana sc a pound, tne latter ngure oema - -. inn fnr confirmed sales, although there are reports of a slightly higher "TJ'k c. irvr,v if Washington will now become an active market for McNefT Bros, yesteruay ein.ii.cu m tolling In the Yakima district by taking out about 400 bales that axe said to be put tne iuiui uivvwwwMv. X VERY SLOW PACE IN GRAIN MARKETS DURING PAST WEEK This was a very quiet week in the Pacific northwest wheat markets. Cash stuff was dull, with only a sprinkling of buying by millers. While the sings nre that exporters are again toget Ijjto the market, their purchases have not heen liberal of late. Prices in both om" and future deliveries are about the Thece'ptlograln at Portland I for the past week as wmpared with previ ous weeks, as reported by the board of trade, show in cars: mMt. : "::::m ? 79 22 m Oct Op Oct. 3 36 Kept. 26 72 Sept. 19 45 Sept. 12 81 (jam raarnei 22 9 17 39 was 40 69 90 103 quiet 45 60 69 72 during 472 749 689 736 the -.-..I, i,h little transactions. Prices rule about as previously quoted. Buy ers were not inclined to pay former prlcea, and holders would not sell for There were some fluctuations in the barley market during the week. Prices went up and down in the south, and made eager response here. The price at the end of the week is the same as on Monday for both deliveries. Board of trade prices for the week: CLUB WHEAT. Nov. Dec. Monday 90 B 90 B Tuesday 92 A ? Wednesday 92B Thursday 90B 90 B Frldav 90B 90B Saturday 90 B 80B NO. 1 WHITE OATS. Nov. Deo. Monday . 152B 156B Tuesday"!: 1501? 152B Wednesday 150B 163B Thursday 160B 153B Friday 150B 168B Saturday 155A 163 KB NO. 1 FEED BARLEY. Nov f r7 " kG'' I ill fcL J I nTA,Lt'jp vlWHCLES'KLE ' ' 4 World's Wheat Prloes. 4 December. 4 4 Portland 90 H 4 Chicago . .., 9'A 4 4 New York 108 4 4 Minneapolis inn 14 4, 4 Duluth 104-4H 4 4 Kanuaa City 33 4 4 Winnipeg 9- 4 St. Louis 9 4 4 San Francisco MB 5 4 Liverpool 7 s td 4 4 Per cental. 4 . . Big Buyers Do Not Want to See Old Order of Things Pass in the Trade Would Therefore Stop Pro ducers From Knowing Real Quotations. Where Am I Anyway T 4 WHOLESALER One who buys 4 4 and sells by the piece or quan- 4 4 tlty, as distinguished from retail. 4 4 By wholesale, In the mass, with- 4 4 out distinction or discrimination. 4 4 RETAILER One who sells 4 4 goods at retail or by small quan- 4 4 titles or parcels. 4 By Hyman H. Cohen. Agitation to separate the wholesalers from the. retailers and make each a distinct body, is embroiling the trade of the entire country " in. controversy. Just what is a wholesaler or even a retailer; eminent authorities fail to agree upon; the lines between the two factions being very indistinct and in many Instances imaginary. Since the grocery and produce trade became merely a handler of parkages; the lines between the wholesaler and retailer are being eradicated. Formerly the general definition of the wholesaler was one who sold entirely to the trade and did not break pack ages. A retailer was always considered one who sold direct to the consumer and purchased direct from the whole saler; the latter being a sort of middle man between the producer and the re tailer. , Of late years, however, it has been the custom of the wholesalers in some sections to sell directly to restaurants and hotels, besides heavy consumers, in competition with the retail trade. Then the retailers began to seek shipments of produce directly from the producer; trying to cut out the middleman or wholesaler. These acts are the bone of conten tion between the two factions and each is willing to take-all the trade the other rejiow nas out neither Is willing to do away with that portion of the business that formerly controlled by the other. In other words the wholesaler would very much appreciate It If the retailer would forever stop securing consign ments from the producer while the re tailer would consider the agitation suc cessfully ended providing the whole saler would not sell to the larger con sumers and do his business entirely with the retailer. Thus the matter stands with neither side willing to budge an Inch out of the way to settle the controversy. Monday Tuesday Wednesday . . . . Thursday Friday Saturday ,...128B 126B ,.137B ....130B 130B ,.128B Dec. 132B 127B 130B . 182B 132B mviB BEST BUTTER GOES VERY CLOSE TO THE VERY HIGHEST PRICE During the past week the price of creamery butter reached within lc a pound of the highest figure ever quoted in this market for ahy time since the creamery business was established. Best grades went to -86c a pound as compared with the record price made at Mo a year ago. The following prices and dates show the course of the Port land hotter market for three years rrom this date to the end of the year: 1907 To October 81, 85c; to December 1, 82tto: to December 12, S5c; to ue cember 31, 87c a pound. 1906 To October 31. 82e: to Novem ber 26, 30c: to December 6, 32Hc; to December 81. 85c a pound. 1905 To November 1, 82c; to De cember 12, 30c; to December 81, 82 Ho a' pound. Ea-sr nrices show a sharp advance for the past week owing to the very scant offerings of fresh stock, several more cars of eastern stock arrived and found a good demand at better prlcea than a week ago. Chicken market Is doing somewhat better after very severe weakness, but the market Is far from being healthy. Will not stand very heavy arrivals. Cheese Is beinv firmly held at an ad vance of Ho a pound for the week. PEACHES COME TOO FAST AND PRICES DROP ALONG STREET Dressed bogs show a decline for the week owing to the much larger supplies along Front street and the filled up condition of ths retail trade. Peaches came so fastvlurlng the past week that at first It was a joke among the receivers how many they would re- reive. Later It turned Into a tragedy for the receivers experienced much dif ficulties in cleaning up even at lower prices . Orap market continued weak daring the six days: .the weakness being fur ther increased by the arrival hsr of a car of Eastsra rorcords consigned to Front street firm. . Potatoes were quiet with a slightly firmer tone JocaJly bat eoutheru mr kets were slower and showed lower F.rlpa. This stopped outeide shipments. nlcms are so quiet that they are al most reatariea. a car ease in rrom California 4urtnr the week. Front trt ells at tbe following pric- Theee paid ahlppera are leas regular eosimlssioni llc; hens. HHc; roosters old, 9c; fry ers. HHc: broilers, llic; geese, spring, 89c; turkeys, alive, 16g17c; spring ducks, 14c lb; pigeons, squabs, I9tfi)2.fi0 Der doz: old. 81: dressed poultry, llc lb higher. CHEESE; Full cream, flats, triolets and daisies, 14Vi15c; Young Americas, 15Vi16c Bops, Wool and Exaes. HOPS 1908 crop, choice, 8c; prime to choice, 7to7$ic; prime, 7',ic; me dium, 66o lb. WOOL 1908 Willamette valley, 15c SHEEPSKINS Shearing. 1018c each; short wool, 25c 40c; medium wool, 60cll each; long wool. 76c tf tl.lss eacn. MOHAIR 1908 Nominal, 1819c. TALLOW Prime, per lb, 4?4o; No. 8 and grease, 2 2 He. CHITTIM BARK Old. 6c; new. Be lb. HIDES Dry hides, 18(3il4c lb: green. 6 07c- id; ouiis. green sail, twoo 10; kips, 67o; calves, green, S10c per lb. Or In. jnotu and. Say, WHEAT -Buying price, new Track, Portland Club, 88g89c; bluestem, 94 95c;. fortyfold. 9192c; red, 8687o; Willamette valley, 90c. MI LLSTUFFS Selling price Bran. chop, Z1Q)29 per ton. . BARLEY Feed, X2626.50; rolled 328.60: brewinor. 127. FLOUR Soiling price Eastern Ore- iron ratent. 34 80: straight, 83.90 4.65; export, 83.50: valley, 14.65; graham 34a, .4u: wnoie wneat, i.to rye. 6s, 86. 60: bales. 33. OATS Track, new No. 1, white, 130; gray, 329(929.60. . HAT Producers' price New timothy, Willamette valley, fancy, 313 014; or dinary, $12.60: eastern Oregon. 316016; mixed 31010.6O; clover. JS; grain, 810; cheat. 810; alfalfa. 810011. rnuti and Vegetables. FRESH FRUITS Orangos- S4.00O 4.60; bananas, 6 He .per in., crated, tc; lemons, 84.60C8.26 box: grapefruit, 84 49 4.60: pineapples, Hawaiian. $2.50 O 8.00 doien; cantaloupes, 81.76; black ber ries, 81-26; peaches, 4076c; pears. $1.25 01.60; grapes, 60c$l; baskets, 12H 16c: huckleberries ' 8c DOund: cran berries. $9. 60 10 per bbl. ONIONS New Oregon, $101.25 per hundred; garlic. 9c pound. Ari"L,f.a ivew, ooctffi.zft per not POTATOES New. seUIni. $19126: buying for shipment, per ewe fancv. 80090c; ordinary. 70(3 SOo; sweet. 2& VEGETABLES Turnlns. new OreironI fCMiAll- hut. t1ffV9fc. tawwnm K A C T5c sack; parsnips, 86c$J. 00; cabbage. $1.60471.76; tomatoes, local, 30l5c per box; California, $1 crate: betuia, 10c: cauliflower, $6c$81: peas, 10c: horserad ish. 12 He; artichokes, ) dos.; green onions, iso per aos; peppers, Dell, tU ; Chile, ( 1; head lettuce. 86$ 30a BUTTER Extra fancy. tfr: str. lc. creamery 8a; oar. Prt la r4 g wtet 3te rr i. F K Local. et. 7Ht; l'x-u STtrars, lc. l-.XTai-ttUe4 cJJcktaa, 110 creata. I4He4 east era. 10c; unue, t 1; head lettuce. Z&O8O0 dosi hot bouse, $1 box; radlshaa. 15o dosen bunchea; celery, 4Q$0c; agg- plan 1. sc. Sroaansa, gruta, sna. BDOAR California Bawallan Ra flnary Cuba, $(.4; powaaraa. $114; berry, $.; dry granulated. .0t; XXX granuiateo. .; com. a-, M.ti; extra a, $.; golden $4.10; D yellow, $6.86; beet gTaaulated. 81.86; barrels. 100, uji oarrcia. uc; do: vance on sack baala. (Above crioea axe 8 days Bat cask SALT Ooarae Halt rrtmnA 111 per ton; 10a. 11.64; table. clears, smoked, 13c lb; backs, heavy, smoked, 13c lb; light, smoked, 14oTlb; bellies, smoked, 16c lb; pickled tongues, 70c each. DRESSED MEATS Wont trut Hogs, fancy, 8c; ordinary, 77Hc; "so, ic; vcju, extra, SHdPSO id; ordi nary, 78c lb; heavy, 66o lb; mutton, fancy, 707Hc lb; spring lamb. 17Ho lb. LOCAL LARD Kettle ieaf 10s. 16o per lb; 6s, 16Hc per lb; 60-lb tins, 14Ho per lb; steam rendered, 10s, 14c per id; os, 14 hc per lb; compound, 10s, Ba per lb. FISH Rock cod. too lb; flounders. 6c per lb; halibut, 7c oer lb; striped bass, 16c per lb; catfish. lOo per lb; salmon, chlnook, 7c; silversido, 6c; her rings, 6c per lb; soles, 7o per lb: shrimp, 1-feC lb: Derch. fie ner lh: tnnnwl in n lb; lobsters. 26c per lb; fresh mackerel. ( ) lb; crawfish, 20c per dosen; stur geon () per lb; black bass, 20c per lb; silver smelts, 60 per lb; black cod. OTSTERS Shoal water Bnv, per gal lon, 12.60; per 100-lb sack. $6.00; Olym- PiAABeIr?alon'. " 4: Per 100-lb sack. 6.00.60; Eagle canned, SOo can $7.00 Joe,ni,??,"trJl ln "h"n 1-T5 per 100. CLAMS Hardshell, per box. $2.40; razor clams. S2.00 per box: 10c per dox. Paints, coaL on, mo. SSSPS"! Kci 8lsal. 7o ib. utii.iinu 00c ueg., oases, io Der gal. LINSEED OIL Raw, bbls., (2c caseB, oac; DOiied, bbls., 64c; cases. 60c a gal: lots Of 260 rallona. In n luroi, o tun. ""i' j-icau ion iota 7 n n a. CHICAGO WHEAT MARKET. Open. ClOBe. Oct. 16. Loss. December ..100H 99 HA loo l May 103H 102A 103SA 1 H July H - 7W 9SH " Chicago, Oct. 17. Wheat wan most of the first halt or tne session eay, me weight of cash whsat in the nurthwewt ana tne aDsence oi ctmn u'manu Winn the chief factor. Forecast of rain where seeding- had been delayed by dry weather, big Winnipeg receipts and con flicting reports over the Argentine frost also checked buying. Some Argentine cables said there was no damage of Importance, and none Claimed much injury. Moderate buying by the northwest ana prorit-taKing by shorts gave the market its chief sup port. Liverpool cables were .firm, gain ing Weather was dry ln the southwest. with traces of moisture in the extreme southern part or tne winter Deit. Corn was deDressed by arrivals of new oorn, which, although small, were straws which showed which way the winds blows. Absence of general de mand to encourage professionals, who believe the reaction has been large enough to warrant purchasers to buy also figure in the market's course. Prices declined c, and rallied Eartly. Cprn receipts Were delayed. Jverpool was Hd higher. Oats aragga, traao was siow, ana prices kept within the smallest of Uni ts. Somewhat better receipts and pe riodical ease in the cash market have cause 1 some depression during the week. Country movement ot oats con tinues moderate. Cash demand only fair. Provisions deellnpd 67Ho on sell ing, stimulated by lower hog prioes and absence of snap in the cash demand. Packers did little. Prices have been dragging most of the week on liberal supplies or tne live article. Cash sales: Wheat No. 8 red, 99c$1.00H; No. 81 hard winter, 98c$101; No. 1 northern spring, $1.03 1.06; No. 2 northern spring. $1.021.06; No. 3 spring, 98c 81.04. Corn No. 2, 72H73c; No. 2 white, 73a74Ho: No. 2 yellow, 7Rc; No. 3, 72o; No. 3 white, 72H73c; JSo. 3 yellow, 78c. Oats No. 2 white, 46OT49c; no. 4 White. 4347Hc; standard, 50c. Range of Chicago prices furnished by Overbeck & Cooke company: , WHEAT. Open. High. Deo. ... 100 100H May ... 103 S,' 103 H July ,.. 98H 98 CORN. Dec. ... 63 63 9 May ... 63 H 63 H July ... 62 63 OATS. Deo. ... 48 48H May ... 60 60 July ... 46 46 By JCyman X. Oohan. To the grain producer and the Inde pendent buyers of his product, the Portland board of trade has liuen a wonderful Improvement over the old system of buying. 81nce Its organization the Portland hoard has been xreatly hampt-rel In Its legitimate work by the petty Jt-;ikul..i of some of the trade and hy sunn? grain trade experts who did not like to see the old order of things pass away. There Is scarcely use to deny tho fact that some of tho opponents of the Portland hoard of trade are the big gest handlers of cereals In the I'aoirlo northwest, but tho sgKregate member ship of the board, which consists of most of the smaller dealers ln the In land empire and some of the lurner handlers In the south, buy nnd Nell more grain than all the big ones put together. Since its reora-anlzatlon the Portland board of trade has been a thorn in the side of the cllquo which did not want to rive up its power to dictate what the price of wheat should he every day. llorore the Portland ooarn or traae started Its grain department the entire grain business of the three states was under the absolute control of three or four persons, but the quoting of public prices every day by tne Portland board has altered this and today while they may deny the truth of the assertion, the big people are forced to pay what the wheat Is worth and this Is the price quoted on the exchange. While every one does not agree as to tho merits of future selling and buy ing thin line of work Is carried on In every large and small grain center In the world. The big clique is against the buying and selling of futures on the local exchange, but It has been the practice of practically every one of Its members to buy and sell futures on his own account for many years. The fact that these sajuo interests, which are now comnlalnlnir as to the public quo tations of the Portland hoard of trade sold whiist to Europe before they them selves had purchased It from the farm ers is what really caused the sham upturn of wheat prices in the Pacific northwest at tho start of the season and sent quotations here to within sight of $1 a bushel. Exporters and some or tne larger millers sav that the local price of wheat Is marie by what foreign markets do, but the fact remains that there may be a very sharp advance abroad and the Portland price may at the same ttme drop steadily. Those who are not j ln the big clique state that tlio. prlce I V - i. 77': K - 'L f--" ,x " f Fred Muller, Secretary Board of Trade. Portland of wheat Is made by the demand, whether It be for export or for milling purposes the producer does not caro which he Bells to. The man who pays the highest price gets the wheat. Before the existence of the Portland board of trade It was the custom of some of the buyers to pay as high as 84 cents a bushel to one man. while an other, for the very same grad of wheat and the same freight charge to tidewater, would receive only 8c. This has heen done time and time aRain, but the practice has not been used to any extent since public quotations were made on the open board here. The board of trade Of Chicago has made that city the principal grain mar ket ln the world and there is more sell Ing of futures there than ln any other hair dozen manteis oomninea. seaiue hns a irrain exchange and instead of trving to suppress It the trade there Is encouraging it. San Francisco has one likewise. (etrat Nrwi by Longest Leastd Wlx.) ay Thomas O. BhotwelL New York. Oct. 17. Another strong financial exhibit was made by the New York bail it in tneir weekly statement today. While the percentage of re serves showed a slight decline and thera was an increase in outstanding loans, yet tho Increase In deposits showed that money Is coming to this center at a good rate and the ability of the west to finance the movement of its vast crops without calling on New York lor more aid, caused general comment. In point of actual cash held the New York banks have not for years been In so strong a position at this season as they find themselves today. Lf It Is the intention of the maniiKers of the se curities market to attempt to conduct a bull campaign in stocks, they certainly have at hand all the ammunition tit the way of cash that will be renulred and this at rates of interest qulto un known In the crop moving period for very long time. Today's market was affected araln slightly by the news from Europe that the Powers are disagreed among them selves as to a settlement of the Balkan question. The London market, aa usual. Is very sensitive to any reports of the possibility, however remote, of an Euro- pean war and London reflected the un easiness felt there by selling stocks la New York market. That th! elilnv came largely from London was shown by tho fact that International Issues . were at all times under a bit of pres sure, although at no t!m during lh r session did the pressure come anywhere near being acute and at no time were operations ln New Tork conducted In any spirit of real pessimism over the European outlook. What caused the lit tle decline here was the action nt th. bears in trying to get prices down when they saw that London was dis posed tp sell. All of the stocks that were offered were well taken and it was plain that the Interests in charge of the market were full of confldenrn nnri strength. (Range of N. Y. prices fnmlnhe Kv Overbeck A Cooke Co.) Oct. Jan. May Oct. Jan. May Oct. Jan. May .1505 .1490 905 902 875 805 810 POItK. 1505 1492 LARD. "sbi 905 RIBS. S75 805 812 Low. Close. 98 99HA 102V 102UA 97 97 4 634 63A 63H 63A 62 H 62 48 SHB 501-i '60 A 45 46B 1325 1495 1495 1485 14S5 930 902 902B 900 900B 860 860N SOO 800 805 807 HOG PRICES ARE HIT HARD, DURING THE WEEK Total Decline of About 75c Is Shown in Local Yards Cattle Bun Is Too Heavy and With Packers Pur chases Coining Forward Demand Ebbs. DE3CRIPTION. Tast Prcv 1907 1906 1905 PORTLAND LIVESTOCK RUN. Hogs Cattle Sheep week 2928 1730 1130 week 1597 919 930 . 1905 962 888 259 608 697 '"';; 985 440 904 New York Cottofi Markets. cases, 68 He per lb; 600-lb lots, go lb: less lota st WIRB NAILS Present basis. $$ Week's Produce Receipts. The receipts of for the past week eomnnreH n-Hh r.r. vtous weeks as compiled hv thA Pnri. Oct Oct. Oct. Sept. Bept Sept. Sept Aug. 17. 10. 8. 28., If.. If. 6.. .. I of trade show: Cream. But ler. Eggs. Chicks, gals. boxes, cases, coops. .25,276 795 1,957 86.1 .26,787 707 1,459 480 .25,199 1.191 1.9M S04 .26,892 HIT 617 679 .26,685 MO 1.847 434 .27,537 H37 1,740 414 .22,794 413 964 423 .23,230 55 1,421 641 News Gossip of Finance Open. High. Low. Close. January 868 878 867 875 March 869 868 867 667 May 849 859 849 S5H July '.844 855 844 861 October 902 910 902 909 December SS0 887 880 885 Liverpool Wheat Market. Liverpool, Oct. 17. Wheat close: December, "s 8d; March, 7s 6d; May, 7s 4Hd. SUN PARL0E. lta. 111 per ton; 10 a, 81 1.88; tattle, dairy, a. 118 lla. flt-M: bales 2j Imported Zarpoot, 10a tlt.(: no. I !.; 4a.Tls.fc: ertra ft Be karrels. Whip rock, lie It rr too. KICK Imperial Japan No, 1. te; Ka HONEY New. lie pr Ik. COFFFE Parkaetraa4a, fit St. - FEAN9 Small wMt. Ill; tars white. ! Piek, 83. W: bayca, 88.;; Lima. i.TI: Mexfcaa reds. Ui ta. risk aa4 HA MO. BACON ETaVtntma ,t floralf auu, It m II IK lla pe 10: breakfast twron. lf fill fee Ik: unlet lia ii aetiaff ra!L xi lb. ragulac adaH Boston. Oct IT. A petltloa tn bank ruptcy against EL W. Gay 4k Co.. brok ers, was filed today by the creditors of the firm. Orar a million dollars Is ln olred ln the case. Tbe chief members of the firm are Eben W. Gay and Jo seph tv. jaoason. Washington, Oct 17 The treeaury ststement today anows: K-ipta, ji, 608,008; disbursements. 12.010.000. New Tork. Oct 17 Par sllrer IHic. Mexican dollars, 4c London. Oot. IT. Bar silver, II &. Tork. Oct IT. (VWTmnt New bonds: Twos, registered.... da eoupoa Threes, .registered . . do erapon ........ Threea, small bonds. Foura, rensteraa... J eaoix) ....... . To. Panama Dist. of Columbia. . Fours, Philippine... .. Data 111 111 111 11 1111 Bid. 18 f4 11 ' 1H IT" lie 11 Aked. 14 ii5 Hi" iiV New Tcr. Oct. IT kl'1 OTP". Tin i:ai.z . LaadlUlO't. 'aried Assemblage of People at the Battery In September. In these mellow September days the seats ln the city's great open nun parlor at Battery Park are all filled daily. They are placed, some of them, alonir the paths ln the park, and then there ia a continuous fringe of them extending clear around the park's seaward edge by the Battery sea wall. Daily these seats re all filled with people lounging or during or basking In the sunshine or looking out upon the unrivaled marine spectacle here presented, where the North and the East rivers come to get her. mere are an sorts or people on ins benches, city dwellers and people from the country and people from other lands. There are Idlers and men out of work; at the noon hour a scattering of business people from nearby streets who snatch the opportunity for a turn around tbe Battery for exercise and the air and a glance at the water life. Among thoae who sit long may be men of comfortable means, or mora retired, who coma here because this Is at this season a place pleasant to come to. Besides the mellow Keptember run shine and the rlew and the comfort able benches the Battery loungers, or at least thoae who sit along one section of the parka border, have the benefit of music. oa Tar rrom tr.e eastern end of the sea wall la the Isndlr.g place of) the Statue of IJberty boat making fre quent tripe, and when the boat I wait-' ing at her battery moorlnc musicians! aboard, with the familiar harp and vio lins, are constantly playing music In- ! tended for those on the boat and tn t- t MIW. Ft. a .... Knt r.rrl 1 . ' risen re also to thoae anting within hearing an tbe park beach. Toung weaaa strolling by buna tbe popular tunaa the caaaiciaaa are playing and paaatnar boys whistle tbewt. . Hera te Is a stand where they U peanuts and eaadtea ad rakes sad prrt ets. and pat-bapa a woman cornea and bora tbre-s pretala. selecting those ef tust tbe bake aba like. f-r tbe cfttl Srea; aad the r-omee aiorg si nid wt atan wha atpa a4 bays a rretsrL rot aa added t .Xj ajeut r dlvemm. but a a eel for Her. All thie It -re the boat Mr ai4 tHtl and t ai aorts ere ewar1rs-ta brkea prrev are-jrn t P t l-f f Sf4 c and the tvo'iivera aad jui'r g u asa p-ai ta Br Hyman H. Cohen. Portland Union Stockyards, Oct. 17. The drop-in hog prices during mo wee lust ended wn a surprise to most of J .. . ... . .. 4 e the llvestocK traae. nui iu b ikw vl mr. insiders the result was expected and in fact forecast. The 4rouble with the hog market the past week was the matter or too neavy arrivals. That was all there is to the dficlino of about 75c In the price. Dur- incr the week tho run of hogs In the Portland yards totaled 2928 head com pared with 1597 a weeK ago ana iuo head for this same weeK a year ago. The Increnaa la therefore auite notice able At the close of the week the hog market was resting quite easy with sales or top siun arounu Cattle Decline Zs a Surprise. The decline in cattle values at the close of the week was somewhat of a surprise although those who had their ears to the ground could hear tho dis turbance for some time. A month or so ago packers experienced considerable trouble in getting a sufficient amount of finished steers to fill their wants and the result was that the most of them went out Into the country and purchaaed supplies for future delivery. These cat tle are now coming forward from the ranges and as they have already been paid for and ase sufficient for the Im mediate noed-t of killers; the latter are not Inclined to purchase heavily ln the open market There Is quite likely to he a continua tion of the heavy run of finished cattle from the ranges to tho packers for awhile and it looks that for a period of two weeks the markets will be so well supplied with these that shipments by sellers will not be quite as profitable ss if the stocks were shipped later. This Is the fjeneral opinion of livestock commission merchants and they at least sre ln a position to know the wants of the buyers. While the run of sheep In the local yards the pat s!t days wss somewhat rreater than last we. W. helrir 1 1 S 5 head compared with 930 heal: the supplies are still verv scant locally an) for this reason the market Is quoted nominal st about former value?. A year afro for this same week hogs were weak and slightly lower but cattle and sheep were firm to steady at un changed values. Following la the general range of vwl fies on stock ruling In th ra,rls for late shipments: Hogs Bst east of mountains. 16.50; ordinary. 14; Mocke-s and CMna fats. IS. 76: stocVers and feoiers. 15. Csttle Slect, est of mountain, steers, 14: medium steers. 11 50: ordi nary- 13.25: best cows, 12.858; heifers, 13.25: medium cows, i'i'g't. -t; stags, 12.50(813: bullH. 12. Sheep Best wethers, 3.50; ordinary wethers, 13.25; lambs, 14; straight, ewes, 3; mixed lots, 2.502.75. Veal Choice young calves, 84.50; heavy and rough, !3.50tg4. Yard's Representative Sales. The following sales are representative of the week's transactions in the local yards and indicate clearly the extent of the demand for the various grades and weights with prices therefor: Price. 16.60 7.00 6.50 5.50 6.00 6.60 6.60 6.60 6.85 6.65 6.76 6.75 6.66 6.25 6.60 HOGS. Weight 64 hogs 11.290 6 hogs 1.255 98 hogs 18,600 14- hogs 1.425 15 hogs 1,950 105 hOKS 20.400 106 hogs 21,000 89 hogs 17,700 148 hogs 30.110 100 hogs 17.375 90 hogs 18.200 85 hogs 17.000 176 hogs 39.425 12 hogs 2,320 66 hogs 12,765 CATTLK. Weight. 8 steers 3.A75 10 steers 11.925 23 cows 24.475 4 cows 4.000 3 heifers 2,410 7 steers, 9 heifers .. 6,500 54 cows 65 135 2 bulls 2,500 15 cows 16.800 21 steers 22.280 15 steers 16,400 2 bulls 2.800 1 bull 1,113 12 feed steers 11.050 2 steers 2.210 3 staps S,:m 2 cows 1.790 3 feed cows 2.3fi5 38 cows 40.100 7 cows 7,385 ? steers 8.150 60 steers 52 500 26 steers 28.080 1 stag 1.100 21 cows 18.031 3 cows 2 565 76 feed steers 52.705 infl steer 1?0.50 62 cows 64.975 25 steers 27.660 SHEEP. Weight 12 sheep 1.290 CALVES. Weight 61 caTves 2n.n 15 calves 3.065 57 calves 17.725 Prices. 14 00 3.50 3.15 3.00 2 60 2.50 3 00 2.00 8 00 3.85 4 00 2.00 2.00 3.00 3.2S 2.25 1.50 2.00 3.00 3.50 8.65 4 25 8.75 3.00 2.75 2.00 3.25 4 10 2 30 2.25 Price. 83.00 Price. 83 25 4 60 1.50 Amal. Cop. Co.. Am. C. & F., c. do yfd Am. Cot. Oil. c Am. Loco., c. . . Am. Sugar, c. . Am. Smelt., c. do pfd Am. Woolen, c. Atchison, e. . . . . Bait. & Ohio, c do pfd Brook. R. Tr.. Can. Pac., c. . . . Cent. Lea., c. .. do pfd. C. & O. W., c. C, M. & St. P. C. & N. W. ... O. & O Col. F. & I., c, Coli Bo., c do 2d pfd do 1st ofd . . . corn products, c do nfd D. & H D. & R. G-, c... uo pta Erla, c do Zd pfd dO 1st T)fd . . . Gt. Nor., pfd . . . I I. Cent L. & N M.. K. & T., o. . . do pfd Distillers Ore Lands Missouri Pacific . National Lead .. N. T. Central . . N. Y., Ont. & W.. Nor. & W., corn do pfd North Amer. ... North. Pac., com. Pac. M. St Penn. Ry P. G.. L. & C. c Reading, com. . . do 2d pfd do 1st pfd Rep. I. & S., com, do pfd. Rock Isi., com.. do pfd S. L. & 8. F., 2 p. do 1st pra. S. L. A 8. W., o- do pfd South. Pac, e. . do pfd Southern Ry., o. do pfd Texac & Pacific. T.,9t. U St W.,c. do pfd Union Pac, c. . . do pfd U. 8. Robber, c. U. S. Steel Co., c. do pfd Wabash c do pfd W. V. Tel Wis. Cent., o... do pfd Wheeling Lake. . Westlnghouse . . O S) 3" 75 40u 75 40 U 49 132V4 87 49& 133 87 e o aa 49 I. 90 '4 1 90 96 744 138 42 36 42 68 18 284 30 131 138 106 30 30 '83' 48V via 25 138 42 35 18 39 30 1 43 35 58 17 28 80 41 73 64 961 131) 'it 41 73 65 141 96 181 if' 19 47 80 18 108 118 82 63 2 a 6 166 83 46 109 46 47 hi" 30 66 32 82 131 138 138 10 105 19 47 30 18 108 18 23 68 28 HZ si" 2 41 83 76l 754 40 40 101 34 74 49 132 86 104 i 2 89 90 96 96 86 48 48,i 174 174 23 251 ..... 95 7 7 137 137 f42 ' 36 43 69 66 17 78 165 28 i 68 30 35 43 131' 188 106 SO 65' 81, 68 65 81 104 0 73 80 64. 141 26 123 96 180,". 86 85 31 78. 1 4 , 30 68 18' 48 103 111 21 61 26 80 88 166 86 81 46 V 108! . ! ' 36 , 69 2 47 ! 30 65 80 81 40 73 64 140 96 130 86 19 46 30 18 89 166 it" 46 U08 16 47 Si" Total sales, 197,700 shares. BOSTON TOPPER MARKET. (Furnished by Overbeok Cooke Co.) Boston, uct. it. uriiciw oia prices; 7 Newnouse .... 87 iNlpplsstng .. 8 3 'North Butts.. 81 17 Esst Butte. . . 8 ISTi'Old Dominion. 60 24 Osceola 117 Adventure Alloues ... Arcadian .. Atlantic . . Boston Con. Butte Cola. Black 1U.. . Calumet Arisona . Calumet Hecla . . . Centennial Copper Range 78 C. t-iy. . Daly West Franklyn Granby .. Greene Otroux . .118 A . .660 . . 34 3 Parrot 27 Phoenix 60 Qulncy 90 Roy ale 22 Shannon ... 16 Sup. A Pitts. . 14 Tamarack .. 71 7lTntted , Ttah Mining. . 11 Ctah 'I'. 106 Victoria 4 1, Wolverine ...13 4 Winona Statement of N. Y. Banks I.trr-sfocks Steady In Fast. Chicago. Oct. 17. Ron: Hogs. Csttle. Sheep. Chicago 1UPOO 3.00s 1,500 Ksnsae City S.ooo F00 Omaha 4.000 joo Hog" are steady. Left Over rter- rtiy 4.20. Receipts year ago 17.000. I Mixed. 15 3tet.&; hegvy. .i ll; l rough, I5 1f6.0: light. i.:6j-60 (nie ana eneeo steady. New Trrrk Oct. 17. TT weekly stata cf the seecisted barks ies-ied today lbe the following charre: Rerre on all dpol- Decreased ll.21t.iee Bwm en dep.slt th- than C & aMwu re-red II ? "71. I ner 114 " Specie T "e-Te-tLSl II 77.'- I-Cl t-Tr Irr!( II "14,W. ItiU Urnew ll cir-iiuttrt r - i: . Toat loene 11.1)1411 2 The mTr'.ie of ! is lll.T. !.. r. IllllUi- a year-aj aad 4,:t'i rsra years sf-. Mass Hi Bar ,t,t.. , Michigan ... 13 Oas ......lit . . Miami 'J l'-S- Miatng.. 11 Nevada 16 Lake 13. Cent a Argentina's area aader ruttrvatloa is ow 1 0O te aoraa, comparing wttd 11.000 000 in lliv As far aa la kaawa at frreaent thera re 68 kinds of boueef Overbeck & Cooke Co. Comnlsstea Herdiaals, Stccks. Bonai. Cotioa. Cra'a. liz. X117 BOABD OF TXADE BTJXtDLN'O Ucmbera Oucsgo Board of Trade. Correspolrtit of Lcrts f. ' 2JcafN Krw York. Bo-jtoa. ' W bsva lia private arua coaoectinf Tortland ri t" axcha-rgea, itTWT.T. PCHTLANp H-. ATT 'C ? T