j 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