11
WILEKLY
1LY
I WALNUT GROWING HAS PROVED BIG SUCCESS IN OREGON
BUY WHEAT AT
i mo nppi mi
AT RUINOUS FIGURES
LHILIl ULULIIIL
Chicago 3farket Dull Until
Prices Keact and Then
Buyers 0tt Busy.
Frantic Jlillcra Willing to Let . Qo at $3.35' .-Tidewater,
but Cannot Find Purchasers In Orient Even at
This Figure Wheat 'Trad Is Nominal.
THE OREGON 'SUNDAY JOURNAL. FORTLAND, SUNDAY MORNING, OCTOBER 23, 1D0S.
OFFER EXPORT FLOUR;
fm, ,mm m !'; mif ....,,, i i i f i p 11 I ;n i( . . p , II m I)' 1 1 turn m m f H'l I M f 1 i ! in ' i . n'" im' ' ") iiniwin
, . tJ - " , . 4 , . ' t - ' ' - 1 1 ...- : " . ' . 1 '; , . ....... ' f
PORTLAND' GRAIN RECEIPTS.
Th receipts of grain at Portland for
the paat week aa compared with previ
ous weeks, aa reported by the board of
trade, ahow In care:
liariejr. Flour, liar. uats. wnu
Oct
Oct.
Oct.
Oct.
8ept
apt.
24. ...44
17 41
10
$.....$
16. ...73
19 46 .
i$
14
19
12
9
17'
71
70
79
40
9
90
S
61
tt
45
60
69
411
418
ITS
47?
, 749
689
r Hvmin H. Cohen.
During the past week the changes In
firaln valu, either cash or future del
ivery, were few. Trade on the whole
waa the emallest of the entire season
and Indicated a congested condition
imimt both buvera and sellers.
There waa almost a general absence
of business, although a few purchases
of small volume were reported for the
account of exporters to be usea in mi
lnr in oaraoes alreadv soldr-
Miliars mm to have withdrawn from
. the market altogether. The reason for
the Inactlrltv on their part ia evident
There la practically no flour trade to
foreign porta and local business Is not
exaouy or tne moat promising.
Ho anxious have become the millers
to get rid of their export grades mat
one of tha lararer Interior mills was
frantically offering suDPlles on the ba
sis of $$86 barrel. Portland, and even
at this reduction rrom tne reguiariy
published price card no acceptances are
reported by tne orient, financial at
fairs In Jaoan. acoordtnr to latest ca
bles are steadily rrowlncr worse. With
this prospect in view for tha immediate
ruture, flour dealers on tne otner siae
are abowlng no disposition whatever to
take hold or added supplies, mey state
that with rice values down fully 30
per cent, the latter product is so much
cheaper than flour that it ia given the
f .reference even by those who would
Ike to purchaae the American product.
There will be a most Important meet
ing of tha grain Interests of the Port
land board of trade Friday afternoon at
S o'clock, when the Question of continu
ing trading In future deliveries will be
tamed over. wnue tne projeciin up
nosed bv the laraer millers ar export
ers here, the smaller buyers niv much
In favor of It, as it allows every one to
know tha exact price of wheat every
day. Every grain market or conse
quence in the whole country deala in
futures, the larger the transactions In
futures the more Important the grain
center. Cities like Chicago, St. Louis,
Milwaukee, Kansas City, Duluth, Min
neaDolls. Wlnnepes;. Liverpool. Paris
Berlin, Budapest, London, San Fran
rlsco, and in fact, every large center
where grain futures have Been dealt in,
will not for a moment consider their
abandonment. . '
To the grain producer, the trading
or ruture options means mucn. tia is
almost compelled to sell his wheat as
soon aa he has it harvested under the
system where only spot stock is traded
In, but where there is a market for fu
ture deliveries, he can see for himself
what ha will obtain by holding. The
trading of future options means that
he will know months ahead of time just
what his wheat will be worth on a cer
tain date.
Portland board of trade prices for the
week:
CLUB WHEAT,
Nov.
Monday 90B
Tuesday 90 B
Wednesday 90 B
Thussday 90 HB
Friday 90 B
Saturday 90V4B
NO. 1 WHITE OAT3.
. Nov.
Monday 1.65 A
Tuesday 1.52B
Wednesday 162 HB
Thursday 1.52HB
Friday 1.52 HB
Saturday 1.52 HB
NO. 1 FEED BARLEY.
Nov.
1.28HB
1.30 B
1.30
1.30
1.80
1.S0
Dec.
90B
90B
901i B
90KB
90 HB
90B
Deo.
1.68 B
1.58 HB
1.62HB
1.62HB
1.53HB
1.62HB
present Indications, to furnish the trade
with all the supplies It needs for a
weeio or more.
Potato market waa very aulet durln
the past week. There were practically
no outaiae snipments or importance ana
local trade la being supplied Just now
mostly from wagons.
Dressed meats were slower and
showed a downward trend of prices dur
ing tha week; the sharp decline in live
stock values having a depressing effect
upon tne aressea marcet.
Cabbatre supplies are much more lib'
eral but the trade is able to take care
of offerings by slightly shadlna- values.
Front street sells at the following
prices. Those paid " shippers are less
regular commissions: .
avnr, Errs and rottrtry.
BUTTER Extra creamery, - 86c
fancy, 85c: store, 20c.
BUTTER FAT Delivery f. a.
Portland Sweet cream, 84Vo; sour,
Hc per 10. ,
EQGB Local, best. 40o dot: eastern,
80 38c: local storage, SOc.
POULTRY Mixed, chickens. 18 Ho
hens, 13H4U4o: roosters, old, 9O10c
fryers, UHc: broilers, ISttc: geese.
spring, 89e; turkeys, alive, 17c; spring
ducks, 140 id; pigeons, eauaoa, lapz.fcu
per dos; old, si; aressea poultry,
lUc lb hlaher.
rrtltrWUV. IT, .11 "ream trtnl.
and daisies, 14HO15o; Young Americas,
16HOI6C.
Kops, Wool and mass.
HOPS 1908 crop, choioe. 8c: prime
to choice. 7H07ic: prime. 7U7V4o:
meaium. c to.
WOOL i0 Willamette valley, 16c.
BUADraKins bnearinr. lonito
each; short wool, 25c0a: medium
wool 60CW81 each: lone wool 7 lets
i.zd raoD.
MOHAIR 1908 Nominal, 18O190.
TALLOW Prime, per lb, 34o; No.
and grease, 2&)2Hc.
CHITTIM BARK Old. 6c: new. Eo
lb. ...
HIDES Dry hides. 1314o lb: green.
67c lb; bulls, green salt. 4So lb;
klDS. 63 7c: calves, irreen. 8 10c ner
lb.
orals, nour and Bay,
WHEAT Buylna Drice. new Track.
Portland Club, 8990o; bluestem, 94
96c; fortyfold, 9iy92c; red. 8687c;
Willamette valley, 90a
MILL8TUFFS Selling, Drlce Bran,
116.60: middlings, 838: shorts. 880;
chop, $21ij29; alfalfa meal. $18 per ton.
BARLEY Feed, 826li8.60; rolled.
fzo.ou; Drawing, 127.
FLOUR Selling; price Eastern Ore
gon patent, 84.80; straight, $3.9001
4.66; export, 32.60; valley, 34.66;
graham , 34.40; whole wheat 34.(6;
rye, 6s. 36.60; bales. 88-
OATS Track, new No. 1. white, 330;
gray, $29329.60.
HAY Producers' price New timothy,
Willamette valley, fancy. '318 014: or
dinary, 812.80; eastern Oregon. 315916;
mixed. 310 010.60; clover, 39; grain, 110;
cheat. 810; alfalfa. 310 fill I.
Traits and Tegstabies.
FRESH FRUITS unniu. 14 00 3
4.60: bananas. (Uo tier In., crated, fie:
lemons, 34.6060.26 box; grapefruit, 34
4.60; pineapples. Hawaiian. 34.60 dos-
en; canteloupes. 31.26(31.60: Beaches. E0
31; baskets, 12H 16o: huckleberries, 9c
id; cranoerries, .bu w lu.fau per bDl.
ONIONS New Oregon, 31 1.26 per
nunareo Karnc (ttwtc pouna.
APPLES New, 60ce3l 86 per box.
POTATOES New. selllnsr. XlffllJB:
buying: for shipment, per cwt., -fancy,
8696c; ordinary, 7680o; sweet, 2
Walnuts That Measura Two Inches In Length Are Quite Common In the Willamette Valley.
By JXyma X. Oohea.
. The coming crop In Oregon will not
be wheat, nor hops, but walnuts.
This much has been demonstrated of
lata by various growers who have se
cured more money from the arrowing of
walnuts than could be secured by any
other crqp at the same expense.
Recent tests have shown that 3360
could be secured by the sola of one
acre of walnuts. This is not merely sur
mise, but actual facts, as can be fully
verified by anyone investigating.
While France la generally considered
tha borne of the walnut, although the
nuts have been called "English" for
neatly years, it has been found that the
trees produoe more and better nuts on
the paclflo coast than any other sec
tion. For rears.lt waa believed that no sec
tion of the country could compare with
California In the production of walnuts.
and as a result the growers of that state
have had practically a monopoly of the
markets for many years. Even with the
increasing acre ne there the price has
been climbing higher and higher and j
the demand Instead of diminishing, Is
showing a gradual increase.
For a number of years experiments In
walnut growing have been made In Ore-
fon but It was not until recent seasons
hat the success of walnut growing on
a commercial baals has bean assured.
Samples of Oregon-grown walnuts sent
to other markets have met with much
favor. Not only does the walnut tree
produce more heavily In this state than
In California, but weight for weight
the Oregon nut Is fully a fourth heavier
than that grown In the south.
Oregon-grown walnuta mature mucn
better than do the nuts In California,
because climatic conditions here are not
so hot In summer and tha trees always
have plenty of moisture to Insure a
steady growth. Inside the Oregon
grown walnut all Is meat: good, white,
sweet and oily meat. Being allowed
to- mature as nature would dictate the
Oregon walnut Is full and very seldom
shows a shriveled condition.
The photo printed herewith Is from a
lot of walnuts grown near North Yam
hill. Aa will be noted the nuts are
very large and measure about two
lnchea In length.
CHICAOO WHEAT .
Onen. fMone.
Dec 3 .9914 8 .A
May .... 1.03V 1.01
July W 7 .7U
RAILROAD MEN PLAN
A FREIGHT RATE RISE
Organirdng for Vigorous Campaign and It Is Said They
Stand Eeady to Discharge Thousands of If en Un
less Allowed to Do as They. Please.
By Thomas C. ShotwelV
fHaant Swm hr Tsmrtmt Laid w!ra.F
New Yark. Oct 24. Owing to the
automobile race, which drew most of
tha brokers away from Wall street, and
the political uncertainty, the stock mar
ket was dull todav and no material
changes In Drlces were recorded. South
ern Pacific was the only stock to show
any vitality and It scored a material
gain aa a result or the day s operations.
1 drive was made on American ice
took that broke it more than two
points but it recovered most of this. In
he general 11st price movements were
.unless ana mean absolutely notning.
On the '-curb market activity was re-
trlcted to the Cobalt stocks. Cotton
was lower and wheat waa not material
ly changed. London was very dull also.
Now that the elections are almost out
of the way, railroad men are organis
ing for a vigorous campaign to rorce
an advance of freight rates. The argu
ments Is that unless this is done wages
will have to be reduced. It Is said
they stand already to discharge thou
sands of employes to make a bad con
dition worse if the public refuses to
countenance their extravagant demand
for higher rates. Responsible railroad
managers are actlilg lixe a lot of cry
babies. They are ihetendlng that they
have been abused more than any other
class of business men when they know
perfectly well- that their claim Is ab
surd. The railroads are not doing as
much business as in the past but that
Is not because they have been abused
but because there has been a panic. I
disappearance of
market problems.
the autumn money
(Range of New York prices furnished
by Overbeck ft Cooke Co.)
DESCRIPTION.
Monday . .
Tuesday . ,
Wednesday
Thursday .
Friday . ..
Saturday .
B
B
B
B
Dec
1.81 HB
1.8ZHB
1.8JHB
1.82HB
1.82HB
1.32HB
FRESH EGGS EEACII
HIGHEST POINT FOR
ABOUT 10 YEARS
While more eggs came to Portland
durlnr the nast week than for any slmi
lar period for about two months, most
of the supplies were from tne east. The
arrivals of local ranch stock were the
smallest of the season and this forced
the price to 40o a dozen, the highest
figure obtainable in this market for
hnnt 10 veers.
Instead of showing an inerease, the
supplies of cream that reached Portland
during the paat week were the smallest
for nearly two months. The butter mar
ket was firmer aa a result of the scant
supplies and prices held closer to last
week's top rigure.
While the cheese market Is still mixed
as to values, the tone la firmer and
prices are generally He a pound higher.
During the paat 10 days there has been
quite a good demand from California
and a sprinkling of orders from the
northern cities and this cleaned up
stocks quite weU.
Chickens came more freely during the
past weak but the muoh heavier demand
made It appear as If the arrivals were
very scant. During the week there was
a, snarp advance in prices on this ac
count. - The receipts of produce at Portland
for the paat week compared with pre
vious weeks aa complied by the Port
land board of trade ahow:
wream. nutter, f.rra. jnicica.
granulated. 86.86; barrels.
boxes, k so ad.
Oct
Oct.
Oct.
Oct.
Sept
Sept
Sept
Sept
Aug.
rala.'
.. 26.178
1S....ZS.78T
I-.. .16,199
t6....l.83
19. ...26.885
11. ...37.637
.33.794
29. ...23.130
boxes, cases, coons.
8T Z.M 4SI
1.489
1.489
1.998
1T
1.34T
1,740
84
1.431
1,191
363
410
604
879
434
414
423
143
EOETABLES Turnlna. new Oregon.
76o31; beets, 31i.26: carrots, 600
76o sack: parsnips, 86o31.Co; cabbage.
l.euQi.'b; tomatoes, local, 2535o per
box: California, 31 crate; beans, 10c;
cauliflower. 35cll; peas, 10c; horserad
ish,. 9010c; artichokes, (r ) dos; green
onions, 16o per dos; peppers, bell. b
10c: Chile. ( ): head lettuce. 26OS0e
dos; hothouse 6076c box: radishes 16o
dozen bunches: celery. 40(280c: turn-
plant, eo,
Qrooenes, srats. Eta.
SUOAR California & Hawaiian Re
finery Cube, 36.40; powdered, 36.28;
berry, 10.06; dry granulated. 38.06: XXX
granulated, 36.96; conf. A., $6.06; extra
gulden u., n.iu; u., yauow,
ta.es ; ueet granulated
16c; half barrels. SOc;
Tuive on aaca oasis.
(AboVe prices are 80 days net casta
quota tlona)
.SALT Coarse Halt ground, 160a,
!J1 per ton; 60s, $11.60; table, dairy.
60s. 818.60; 10s. - 818.00; baleaT $2.81;
imuunea Liverpool, sua z.oo; 199a,
619.00; v4s, $18.00: extra fine barrels,
is, 6s Vnd 10s. $4.6095.60; Liverpool
lu.'rIuvl t'vuv per ton.
. RICE Imperial Japan No. 1. 6c: Na
3, 6H06ic; New Orleans, bead, 7o;
HONEY New. 15o per lb.
COFFEE Packagebrands. $18.68.
BEANS Small white, 35.00; large
white, 34.38: pink, 33.36: bayou, $8.35;
Llraas. .75: Mexican reds. $4.50.
Heats, Tish aad Xrrovzssona.
HAMS. BACON, .ETC Portland pack
(local) hams,. 10 to 13 lbs, lo per lb;
breakfast -bacon, 16(1230 lb; picnics,
10o lb: cottaa roll. 11 Ue lh! rmular
short clears, smoked, 13o lb; backs,
heavy, smoked, 13c lb; light smoked.
14a fb; bellies, smoked. 16o lb; pickled
tongues 6O0 each.
DRESSED MKATH BVnnt mtrmt.
Hoga, fancy, 7fcc; ordinary. 7c;
large, IVc; veal.' extra, 80 lb; ordi
nary. 77Ho lb: heavy, 66o lb; mut
ton ancT. t&lo lb; spring lamb, 1Q
LOCAL l-ARD Kettle lexf. 10a 14o
per lb: 6s Ufec per lb; 60-lb tins, lStto!
er 10; steam rendered. 10a, 110 per
0: as, 13)40 per lb; compound. 10s. 3Vc
perlb.
FISH Rock cod. lo lb: flounders,
60 per lb; halibut 7e per lb; striped
. pr id: cams a. 10c Der imi
salmon, chlnook. tc: sllverstde. 6c: her
rings, '
No political power can prevent a panto
and It might also be said that it can
not cause one either for panics are a
natural development of growth. They
are to the business world what grow
ing1 pains are to children. The panic
which has caused alt the suffering will
be over within a year and business is
already, on the mend. The really im
portant railroad men know perfectly
well, but under cover" of a pretended
belief that something must be done to
save the railroads, they are attempting
to fasten on the public a schedule of
rates that will Justify, the enormous
prices to which railroad (Securities hava
been manipulated.
SEXTDIENT CHANGES
FOR THE BETTER
IN STOCK MARKET
(United Prees Leased Wlr.
New York, Oct 24. A perceptible
change for the better, sentiment, at
least, was the principal features of the
stock exchange dealings this week.
While no very notable Increase occured
in transactions and while . interest was
restricted to the various elements in
the market which make Wall- street
operations a regular business, it is
nevertheless true that the week a move
ment has given another proof of . the
strength of the current financial 1 po
sition. Offers to force crices down
have met with little success while ef
fects .to put prices up hava at times
made considerable headway.
Of the outside causes-assisting the
upward tendency the clearing up of the
foreign political situation, continued
reports of trade improvement at home,
the reaction In exchange rates away
from the gold shipping point and the
activity of the Investment bond mar
ket have In one degree or another
played a rart. If the average person
In the field were asked what has hap
pened in the last fortnight to effect
this Increased confidence, he would find
It dlffloult to answer along with the
fact of definitely improving trade aa an
Influence making for the stability of
tha financial position is the complete
Amal. Cop. Co.
Amer, Car A F
Amer. Cot. Oil, c.
Aiur. ixjco., o..
Amer. Sugar, 0. .
Amer. Smelt.. 0.
Anaconda M. Co.
Atchison, c
Bait. A Ohio. a. .
Brook. R. Trans.
Can. Pao.. c...
C, M. & St P...
C. & N. W., o...
Ches. & Ohio. . .
Col. F. & I. c. . .
Colo. South., c.
Erie, c ; . .
Ort. North., pfd.
Illinois Cent. ..
Louis & Nash. .
Distillers
Mo. Pao
National Lead..
1 yOUVl(U,ii
N. T. Ont & W..
jnoi. & wst.f o
XTst Don stitvn
v . will
Pac. Mail s. Co..
Fenns. Railway. .
P. a.. LAC. Co.
Pressed Steel Car
Keaalng, com.,
do 1st pref . .
Rock Island, 0
do1 pfd
St L & 8 P 1st pf
01. jj. at a. w., c.
Southern Pac, c.
Southern Ry., c. .
do Dfd
Texas & Pacific
Union Paclflo, c.
u. b. steel Co., c
do pfd
Wabash, pfd
S f Q
8 5- 5 at
; ; k
791 80 I 78 T4 1 79
86 26U 36 I 85 I
ooft 4i; 49
133 132V
91tt 91U 90 90
46 4ft 46 Vi 46&
914 91 91 9l
98 98 97 97
49 4944 49 49
174 174 174 174
. 142 143 142 143
. 161 161 161 161
. 42 42 42 42
. 87 37 86 86
42 42 42 42
. 81 31 20 30
. 182 132 132 132'
. 139 139 139 139
. 109 109 109 109
. 30
. 66 56 60 65
. 88 88 83 83
awu? ivo)j iwok ixuofc
ill" SJli; ;5il;
25 25 26 26
88 33 33 82
. 132 132 132 132
87 87 87 87
19 19 19 19
46 46 V, 4B 4U
.:Lr: .,L eo-
17 17 17 17
107 108 107 107
21 21 21 21
63
9 K ;
188 169 168 168
47 47 47 47
110 110 110 110
27 27 27 27
RAY OF HOPE APPEARS
IN LIVESTOCK MARKET
Forced Shipments of Cattle and Sheep Because of Dry
Spell, Small Range and High Hay Believed to
Be at an End Big Drop in Prices.
PORTLAND LIVESTOCK RUN.
Week of Hogs. Cattle. Shee;
Oct 24 ,..2.697
Oct. 18 2,928
Oct. 11 1.697
Oct. 4 1,814
Sept. 27 1,163
1.693
1,730
919
1,864
933
p.
1.128
1,136
930
1,480
813
FEAR A SHORTAGE OF
FALL GRAIN SEEDING
TRADE IS WILLING
TO PAY WELL FOR
BEST GRADE APPLES
The rpla market has peaed p for
tha 1906 season and baa found the pub
lic still quit willing te pay a fancy
price for a fancy arpie while a poor ap
ple eon Id bring- nothing mere tbun a
f-oor price. Darlag the wek ""me fancy
steck arrived from Hood Rlvr and
found a demand arnn4 82 a box with
good quality from that aoctlna raastrc
around 61 6 and 18 a bo. Tor the bee
nellty from nr actions tho- ntsrkel
wss rathr lr"1ifferr t ri"t rina; wiiliee
to ry nore tnn 81 ( tr the rt anl
tmra that fir1-" vsJuee ruled den aa
lew ea a h"j
r"ti.1 a b te mar
ket 1unr t frt k M r
riv!ii .rc quit '-!, tt-e tT-t
fcn-uS hire a S-J .'.ciT.t envoort, fro-r
60 Der lb: solaa 1o nr lb- ahriran.
130 lb: perch. 60 Der lb: tomrod 10 oar
lb; lobetera, I6c per lb; fresh mackerel.
( ) lb; crawfish. 20c per dosea; atur-
Kton ) por lti black bass. 30a per
: silrer smelts, 6a per lb: black cod,
fiS-ILi0'" prb"- 1-28L76 doseo.
OTSTERS Shoal water Bey. per gal-
1am II IA- wm 1AA-1K .w mm Art n
pla. per rallon. 11.40: ir 1 as.lh Mck
J too : Eagle oanne4. eao 87
osen; Mitsrn In shelL 81.78 oer
CLAMB--nardshell. per boa, 33 4i
rasor cimms, i.vv per rox: ie per 4oa
raikts, Oat, On. wtm.
Kurt-Aiaaua. 10c; aiaai, ? o lb.
nic.rn.ifth s aeg, eases, 1 tm pet
Mivm vow. iini pr sax
iunrri.ijtjin
gtL
1 Tv rrn mi ti - u.t. -
eaaea. Ho: boiled, fcbis. lie: mms t
a gal: lota rf 2(t galioas. Is Uw; eU
esJte irL 814 tock
WHITE LKAI Tea lots. Te a
Wt rr-iw wv-k sytv immm nn8 lsK
W4VJL kim rmm ki4 1144V
News Gossip
of Finance
Washington. Oct 14. The treasury
statement today shows: Receipts. $1.
736.329; disbursements, 82,160,000.
4 According to special reports
4 received by The Journal from its
4 correspondents and from grain
4 firms and producers, there is
4 much danger at this time of a
4 very heavy shortage In fall grain
4 seedlngs in the Paclflo north-
4 west. While some sections have
4 received sufficient moisture to
4 start plowing, a large portion of
4 the Inland Empire is still wlth-
4 out the necessary rains to soften
4 the ground. .
Liverpool Wheat Market,
Liverpool. Oct 24. Wheat close:
December, 7s 7d; May, 7s6id.
By Hyman K-v Cohen.
Portland Union Stockyards. Oct 24
The past week will very likely pass
nin llvcHtncic h storv as one or tha most
nr1pf.dARtritptlve neriotis for this time
of the year in the history of tne indus
try .
With tha olnslno- of the weeK SIX
days of dlHastar to values a ray of
hope appears on tho horleon and pros
pects bid fair to be brighter than be
fore tne ciouas sunn so low.
With the decline of best hogs to $6
the hog market received a very serious
blow the past week but the forcing of
best steers down to 18.76 was, if any
thing, even a more bitter pill for the
livestock raisers to swallow.
It was the cattle market that sur
prised the trade when it showed such
a weak front. Little wonder, however,
for this display of weakness when the
causa Is known. While the arrivals of
cattle In tho yards the past week were
somewhat Ions than the previous six
davs. tha total arrivals Backers' Dur-
cheses at interior points included were
considerably greater than during any re
cent week. The big run of poor cattle
Is about over for the season. The mar
ket was simply loaded with undesir
able quality for weeks at a time. This
class or stock was rorcea upqn tne mar
ket because of the high price of hay end
feed and the very scant range due to the
excessive dry spell. With hay values
entirely out of line with livestock val
ues, feeders did not care to carry over
any more stock through tho winter than
compelled to. It was the gettlna- rid
of this surplus supply for whioh feeders
had no feed, that caused the blocked
condition of the market for several
weeks Dast and finally rorcea cattle val
ues rar below what the trade oeuevea
they would reach.
Hogs to Follow the East
In the serious decline which continued
through this week and started during
the previous week, the local hog mar
ket is slmDltf following; the sharp de
clines that took place in eastern values
a short time ago. While the hog mar
ket was not firm after It dropped to 36
during the latter part of the week, val
ues were somewnat more steaay man
formerly and with a slowing; up In the
arrivals, a betterment in tne tone win
probably occur. In the east values show
an Inclination to steady somewhat and
if the improvement here remains for
any great length of time Its Influence
will be for the good of Pacific coast
prices.
Ai in the cattle market, there should
be an Improved tone In the sheep market
locally In the near future. While the
arrivals in the local yards were smaller
than last week, backers brouimt in a
considerable number from the range on
their own hook. Sheepmen were forced
to sell for the same reason as did the
cattle men the Bhort ransre and the
verv high price of feed. During the
past week there was no change In sheep
values.
Th Is week's arrivals in the nvestocK
market compare with the same period
In previous years as ronows:
.Hosrs. cattle, sneen,
1907 ....1.048 088 1.426
1908 1.621 815 390
906 1.772 621 1.Z08
A year ago for this same week nogs
were weak; cattle and sheep firm; ral
uea uncnangea in au lines.
rxmowinsr is the general range o
values on stock ruling In the yards for
late shipments:
Hoes Best east of mountains. IS
ordinary, 36.76; blockers and China fats,
towo.ou; stocicers and feeders, 14.76 &. 6
Cattle Select east of . mountains,
steers, 38.76; medium steers, 33.2603.60
ordinary, 33.26; best cows, 33.85413
heifers, $3.26; medium cows, 322.25
stags, $3.603: bulls. $2.
Sheep Best wethers, 83.60: ordinary
wetners, i?.ze; lamos, 14; straight ewes,
33: mixed lots, 32.60 4.76.
Veal Choioe young calves, $4.80;
ucavy sua rougn, ta.DVUl-
Tarda Bepresentativs Bales.
The following: crlces are renrennnta.-
tlve of the week s transactions in the
local yards and Indicate the extent of
tne demand for the various grades and
weignis wun tne prices tnereof
CATTLE.
Weight.
6 steers 4,266
2 steers , 25,935
6 steers 27.fiflft
2T steers 30,321
1 cow 1,120
2 cows 9 2K9
25 steers 28.750
1 oow . 1.006
60 steers B7 f.flft
49 steers 69,820
1 cow 1,030
3 steers . 2,746
9 cows 8.67S
8 cows a. noo
27 cows 26,270
27 cows 26,940
30 cows 26,940
13 cows ....,.,.......'..10,600
16 steers 18,760
1 bull 1,400
25 cows 22,678
26 cows 23,360
31 heifers 26,675
6 steers 6,876
14 cows 11,875
28 COWS , 23,655
1 COW ORO
32 cows 30,000
27 cows : 28.680
4 bulla 6.035
43 cows 44.080
6 steers 6,166
2 cows, 1 calf 2.165
1 stair
2 bulls
1 cow
1.395
.. 8,715
910
HOGS.
95 hogs 18,941
90 hogs 19,000
90 hogs 17,200
87 hogs ,..17,405.
82 hogs 63,788
1.803
91 hogs 19,10)
Price.
$3.00
3.40
8.25
8.56
3.00
8.00
8
8.00
4.00
3.76
3-00
2.25
8.25
2.60
-2.25
2.25
2.00
2.25
826
1.50
225
2.25
2.66
3.25
2.00
2.85
2.30
2.75
3.00
2.00
2.90
4.00
200
2.00
2.00
2.85
VALUES.
Ort 23. Loss.
$ -99
.97 V U
(United Press L4 Wire.)
Chicago, Oct 24. -At the opening of
the wheat market there was very little;
disposition shown to do business. There
was a shado more confidence In prices
from the comparative firmness of Llvsr-
Kool which only showed 'id decline,
erlin waa (jo lower and Antwerp re
f orted a decline of He a bushel. During
he first hour volume of business slights
ly Increased at the expense of tha
earlier firmness, during- which time tha
slight opening improvement gave place
In Un ilw-lln.
After the earlv decline there was'
from spreading themselves to any ex
tent gradually advancing the Dries ti
the level of the previoua day's closing,
Offerings of corn were small and de-
manilMl In nrnnnrHnn Ualnu MmdlHAn.
over the corn territory that has been 1
suffering: lonaest from the drought save .
ing. iieaviness tnat duplicated in wneat :
early In the session dulled the appe-1
tltes of the smaller trade in favor of i
more than a few small lots. Liverpool '
quotations were unchanged. Decemher i
corn closed 83V4c and May at B2c.
the one tmBic and the other l-Ka
higher than yesterday.
A firm market on a small amount!
of business was the general character :
of the oats market. Receipts were still
small and - shipping demand ' continued ;
to take the bulk of daily prices. Sample -market
was steady at yesterday's prices. -Business
in how Droducts was of
moderate volume bat there was consld-
erable confidence felt In the outcome
of the manufactured commodities.
Caah sales: Wheat Winter No. I.
8c331.00U: No. 3 red. 98Uc$1:
No. 2 hard, 99Hc$1.00; No. 3 hard.
97c 0 31.01: sDrina No. 1 northern. 31.03
& 1.03 a; No. 2 northern, 31.02 01.03;
No. 8 spring, 97c $ 1.02.
Corn Steady, No. 2 yellow, 78o: No. .
67(370c; No. $ white, 70Hc: No. 3
yellow, 78c; No. 4, 69fcc
uats hsy sample steady: no. 3 white.
46 4' 47 He; No. 4 white. 44fe346He. '
Range of Chicago prices furnished
by Overbeck & Cooke Co.
Deo.-
May
July
Dec.
May
July
Dec,
May
July
Dec. .... ...
Jan. ....1535
May ....1525
Nov.
Jan 922
May .... 927
Jan 820
May .... 830
WHEAT. . '
Open. High. Low. Close..
98 99VI 8H 99 A
102 102 102 102 -
.... 97 97 B
CORN.
.... 68 63 634 6SH.B
.... 62, 63 62 62 A
624A
' OATS.
.... 47 , 47.. 47W ,'47 A
.... 49 49 49 49 A
PORK,
165S 1535
a
LARD. ,
RIBS.
1382
1653A
1640A.
955 '
927A'
932A
825A
835
80,000,000 SALMON
FRY TU1ED ADRIFI
New York, Oct 24. Bar ellrer. 61 c;
Mexican dollars, 46c.
London, Oct 24. Bar silver. 23 ll-ld.
Oovemtnent
Bid. Asked.
103 104
104
la cases. 3e per
SECRETARY SUGAR
. TRUST DROPS DEAD
4BSHSMSMBBBBSSHSW
fretted PmevLM Wire )
LftltdKi. Ort. 1 Jnfca - -
tsv. eecrrtarf of th itnrimii
hf.nlr-e ctrnenr. 4wfpH Md tooar
at tbe Water. oo railmed (at torn
PVT1 T"i aa P roe ri-rr-4
t-.t- -rl r St e Srm
1 r.'-r (. j'rs in t.- T cr.d.
e Ur-.ii.
New Tork. Oct 24.
bonds: Date.
Twos, registered.... 1920
do couDon 1939
Threes, registered.. 1906
do ooupoo... 1908
Throes, small bonds
Pours, registered... 1936
do coupon. 111!
Twos, Panama.... .....
do coupon ....
Foars, Philippine
Xew Tork. Oct 14. Metal Copper.
lske. 1JVU; electrolytic, 13 SO
lic; castings, uhvumc
Tin $19.37 0 39.9.
Lead. It.3144.17.
RAX FRAXCISOO GRAIX MARKET
MILLION DOLLARS SENT
EAST COULD BE SAVED
Sufficient Eggs and Poultry Could Be Produced Hero
to Supply Not Only Our Own Demand but Give
Large Supplies to Sell to Other States.
100
i
10
139
123
12
12
110
s
131
lt
ItMerefcaatsf
ft a Prandec, Oct
axe ban re e-uotatiotie:
Cash whtat Wall Wall wtitte.
3141; red Rossi wv, (111; Tarkey
red. I1T1W: blaestem. $1.71.
Future sr. $1 T bid. ILT1
s)rd; DeTyber. $148 ask.
Cask barley Bright $13 2 It bid:
brr. $134.
ytr harly Msy, II 43 bid: $1 43
m"1; Iw-crNr. IL41 S.
Mn;strrA-Brs, iji; saiddllnrs.
$14 l: s-f-k, $11 84). -
Ca a wtjtv $L7 $-er rea'.ai.
By Kyman X. Oohea.
Thousands and thousands of dollars
the eum is staggering; but the exact
figures hare not yet been compiled, are
sent east to pay for eggs every year by
the cltlsens of Portland alone and It Is
estimated that fully a million dollars
go away from here and other coast cities
lor this purpose annually.
Not only could every dollar of this
sum bo saved to the people of this sec
tion, but egge could actually be shipped
to other centers from here at a good
profit providing, of course, we get
farmers to raise the ergs.
It baa ben proved time and time
again, not oaly by agricultural college
experts, who, of coarse work under the
best of conditions, but by practical
fanner who are making money on their
ewa hook. With climatlo conditions
that would tneurw paying result from
ts producing or egge. supplies could
bo tuned out her at a minimum of
expense. Of oura every Tom. Dick
sad Harry cannot euocesifaUy run a
poultry and egg business any more thaa
they rouid run any other line of trade
without experience. But however. It
has b a demonstrated beyond a reason
able doubt that eggs ere produced here
cheaper thaa My other place la the
country.
Bead ss for roaltrr. Too.
If tbe rural population of Oregon
illsod what profits there wre ia ti-e
ewnnere'al production of poultry. It
of Portland and other Paclflo coaet
cities to bring In carload after carload
of eastern dressed stock. While there
was a complete slut in the local chicken
market a week or so ago, this waa not
due to any over-supply of poultry In
the country, but to the fact that coun
try shippers began to ship all at once
and for awhile the market was over
stocked. -Already the surplus has boon
worked off and prices have begun to
rise In consequence. It Is safe to say,
therefor, that in tbe near future fol-
iowlnx the usual mode there will be a
treat shnrtare In poultry supplies here
and after pricea have advanced. to tip
top figures that make the consumer rut
poultry off the menu, tha wholesale
trade will again be forced td bring
carloads of chickens from the east in or
der to supply the demand.
Setter Tegta,Us Xsr.
Oregon enuually sends Urge sums of
money to California for vegetables that
could Just as well. If aot better, Ve pro
duced by local farmer. Celery can be
produced here lust a cheaply as else
where and of late year there has an
Increase In output her. Just now. how
ever, one Front street house is enxerrd
In burkin the Qrcn fanrr by brine.
Ing In supplies from California tkm
better supplies can be Kf ur4 rlsht
kere St home. However. Fvot street
merchant as a ruts ar wtlllrr to par
a slirhtly higher prt- for tr.e hrrr.
prodtKt lhaa for stock gre a , -vttre.
82 hoirs
30 hogs
18 hogs
73 hogs
109 hogs ....
169 hogs ....
96 hogs
90 hogs ....
90 hogs
84 hoas
8S feed hogs
28 feed hogs
78 hogs
20 calves . . .
20 calves, . . .
28 calves . . .
88 stock sheeD
148 stock lambs
81 stock lambs
119 stock sheep
.16,895
6,000
3,018
12.700
21.260
40,800
....18.600
19,300
18,000
....18,060
7,786
3.870
18,678
CALVES.
5,440
54.040
7,110
SHEEP.
9,375
9,250
9.250
. .13.87
16.00
6.00
6.00
6.00
6.00
6.00
6.00
6.50
6.25
6.26
6.25
6.25
6.50
6.00
6.20
6.00
6.00
4.00
4.50
6.10
$3.50
3.50
3.00
$2.50
3 tS
350
3.00
BOSTON COPPER MARKET.
(Furnished by Overbeck A Cooke Co )
Boston, uct. Z4. Official bid prices:
Adventure
Alloues
Arcadia ....
Atlantic . . .
Boston Cons.
Butte Coal a.
CaL tt Arlx1
CaJ. A Hecia
Centennial
7i: Michigan
37 Mohawk
3 U Miami ..
17 Hi Nevada
13.
. 26fc
120
660
?4H
Copper Range 16
Daly West ...
Newhouse ...
Mont. C. C.
North Butte..
hOld Dominion.
Osceola
13 V.
66
11 W
17
4Ts
40
83
60
110
Olyrapla, Oot 24. Seventeen salmon
hatcheries have been operated In this
state this year and will turn out It,
Is now hoped, nearly 80,000,000 young'
fry, according- to Bt&te jnsh commis
sioner John S. Rlseland, who is her
for a conference with Governor Head.
The hatcheries include three - new
ones placed in operation this year, and.
In addition to them the state fa operat
ing two trout hatcheries.
Spawn taking on the Columbia river
Is practically over but Is only well
under way at the Puget sound hatch
eries. The streams tributary to the
sound have been too low to permit the
fish to iret to the spawning grounds as
early in the year aa usual! The rains
have now remedied this difficulty and
If high water does not prevail the con
templated output win oe realized. -
The average output of the ealmom
hatcheries has been about 60.000.000
annually, but has run as high aa SO,-
000,000. ,
Mr. Rlseland reports the sockey sal
mon pack almost double what was an
tlcipated early In th year and at
tributes tha unexpected runs to th
salmon hatcheries and to tho erection
of fish wings In a dam on the Fraser
four years ago which permit the sock-f
eyes to reach th upper spawning
grounds.
The -pack of fall salmon will not -be
so large as usual because of an
unsatisfactory market for the cheaper
grade or canned salmon.
Figures on the pack will not be com
piled by the fish commissioner until
the packers have prepared their own
figures.
Quincy S
Franklyn
Greene
Olroux . .
Mass. . .
Shannon
6"l8uD. A Pitta
lOSfTrinlty
44 Yukon
6V. 8. Mining.
15H
1S
17
4N
OIiDEK IS SHOOT TO
KILL NIGHT EIDERS
Statement of
N. Y. Banks
(Totted Praas IhM Wfra.t
Memphis. Tenn Oct 14. It la tie,i
this afternoon that Night Riders bave
cut the telephone wire that waa erected
yesterday between the military ramp
and Oblo to bauised in guarding against
a possible attack by the Ridere. This
afternoon three picket lines were thrown
out and tbe troops hav taken th field
as If In actual warfare. They are under
orders to shoot to kill.
A covernor of a a-reat state Ilka X
Tork has enourh work i ln in hi
offlo without going campaigning tut
weeks st a Urn.
New Tork Oct 14. Th weekly
statement of the associated banks Issued
loday shows th following changes:
He'erve on all deposits. Increased $1,-
40X.ST5.
Reeerve on all deposits other than
V. 8. deposits. Increase $1,41 2,60a.
Lmna. decreased $4,4.
specie. Increased 81. 17,"0,
I.ea-1 tender. Increased $41. 30a. -
Iepolta, Increaa 84,114.(00. .
Circulation, decrease llll.io.
Total loana. 81,31M2.0.
Tbe surplus of the banks Is $31.12.
950. sn Inrrea of $1,413 (OS. A rr
ago there was deflrlt of $l,2.'3.t0 an I
two yeera ago there was a surplus of
$$.:i7S. .
But pws't'y Bern hard I. ss a won
mav. will rluit Iwir mind sod imn
one' er.ore farewell lour, eve
44 year oi t Th werli Wuu.d w.-i-:-in,
bar even at lea.
Overbeck cS: Cooke Co.
Ccczbslsa Ccrdiaals, SlodJ. Ecnis. Cc::c3. Cr: L.:
' ' XI 5-21 7 BOACO OT TRACE BUILDING
Members Chicago Board of Trade. CeiTfTmrr.m f . .. .'
t Cbicago, New York. Eivn,
We lav th oe! pnvate wire rcrnrct.rg I r- - t r,
ettVjffea.
f pu-j aot be necessary far tt rtaen