The Oregon daily journal. (Portland, Or.) 1902-1972, November 19, 1908, Page 15, Image 15

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    ... .riJEet
A FIRMER TOtlE
III EGG WET
Local Supplies Likely to Ad
vanceRise in Eastern
Stock Noted Here.
PORTLAND WHOLESALE MARKETS.
Firmer 4one In egg market.
Chicken market much weaker:
Holding price of apples up.
. Hop trades are quite likely .
Dressed hogs come freely. .
jsVeal comes more freely.
Fancy turkeys hard to get.
Oranges show better colors. . .,
Potato market easier here.
More onions being offered.
Poor horeradlsh hurts trade.
Change in cranberry situation.
Egg Market Turns Wnnsr.
There was a firmer tono In the egg
market along. Front street today. Ar
rivals of strictly fresh local stock are
very light, although s6me nandlers are
securing better supplies than they were
a short time ago. Today the market
was very firm at 374 c for best .quality
and unless there is a change for the
better In thevoIume of supplies there
is Utile doubt that higher prices will
be the outcome within the next few
days. There has of late been a firmer
tone in the eastern market, and prices
all along the coast are materially high
er than nt Portland. At San Francisco
the price of selected ranch eggs stands
as high as 65c a dozen as compared
with 374e, the best prices that has
been available here. While the market
in the north Is quoted much higher than
at Portland It is noticeable that when
ever supplies of select Oregon ranch
eggs are sent there the returns are no
higher than are allowed by Portland
commission men, even though our mar
ket is much lower.
Best selected eastern eggs are now
selling ss high as 3 So a dozen in Port
land market, with sales of various qual
ities down as low as 27 He
Most Turkeys Are Tory Poor.
Unlike the arrivals of last season the
receipts of turkeys in the Portland mar
ket thus far this year have been gen
erally or poor quality. Few of the
birds haVe consisted of select stock,
and for that reason the top price was
seldom available. The high cost of
feed Is very likely the cause of the off
quality. Best turkeys (alive) are sell
ing along Front street around 18c a
pound, although sales of poor birds are
reported made as low as 16c. From the
present Indications there will be a very
wide range in. turkey: prices this rea
son ttie good birds will evidently com
mand a premium, while the poor qual
ity will find Just fair aala. .. . ,
Heavy Arrivals of Chickens. v
Heavy arrivals of chickens continue
in the Front street markets and the
channels of the trade ere completely
glutted at the moment. The indurations
are that a lower range of values will
rule, because this is the time, of year
when chickens usually sell low. Were
the chickens of good quality they Would
likely find a better call, but they are
Just about as poor as the ordinary run
of turkeys.
Steady Ton in Butter.
A very steady tone is noted in the
.-local butter market, but there are no
Indications of any early change in val
ues. While the make of local butter
Is small the-market- la. so full of East
ern Storage' stuff that were the local
people to advance their values It would
result in helping the sale of eastern
stock at the materially lower values.
While the cheese market is steady,
no change is shown either in the de
mand or price.
Brief Notes of Front Street.
Arrivals of dreeRed meats and espe
cially hogs are quite heavy along Front
street. Prices same: A .better move
ment of dressed veal 1s likewise report
ed. Some come In Just fair shape, and
therefore did not bring top values..
Cranberries are quoted firmer, accord
ing to Front street handlers, and the
best eastern stock is selling as blgh as
$12.60 a barrel.
Most hop dealers are out In the coun
try today, and some deals are likely
to be reported within the coming 48
hours. General trend of the market is
unchanged.
Offerings of potatoes are more lib
eral, and with an entire absence of out
side business some of the dealers are
offering to sell potatoes In round lots
at a decline of 10 lo ISc.
Onion market la rather easy, ,wlth
California stock being freely offered
here at 11.10 a sack.
Sllverslde salmon Is very scarce and
about the only arrivals in the market
at this time is bright fall salmon. Price
t 7o.
Very poor horseradish ,B now coming
lorwara, ana me price is lower.
Front street sells at the following
prices. Those paid shippers are less
regular commissions:
Batter, Eggs ana poultry.
BUTTER Extra creamery, 35 36c;
fancy. Site; store. 20c.
BUTTER FAT Delivery f. o. b. Port
land Sweet cream, 34 l,c; sour. Sihio
per id.
POULTRY Mixed chickens, 12c;
hens, 11 Mc; roosters, old, 10c; fryers,
12Ue: broilers. 1214c: eeese. spring. 8
9(8 lb; turkeys, alive, 17318c, spring
ducks, 14o lb; pigeons, squaoa, a.uu
1.60 per doz; old, $1.00; dressed poultry.
101 He lb hlcher.
flats, triplets
Young Amer-
and daisies, 14Hl5c;
icas. is ii6c.
EGGS Local best, 87 He
per dox
eastern, 27H6f33c.
Hops, Wool and Hides.
HOPS 1908 crop, choice,
prime to choice, ?H8o; prime, 7
medium. (Uc lb.
8Hc
7Hc;
WOOL 1908 Willamette valley, 15c
SHEEPSKINS Shearing, 10 16c
eioh; short wool, 26c40c; medium
wool, 60c$1.00 each; long wool, 75ctc?
$1.26 each. ,
MOHAIR 1908 Nominal, 1819c.
TALLOW Prime, per lb. 34c; No,
2 and arease. 2Z?2c.
CHITTAM BARK Old, 4HJ6c; new,
4Hrgfc 10.
HIDES Dry hides, 18014c lh: green,
67o lb: bulls, green salt, 46o :1b;
kips, 6Tc: calves, green, 810c per lb.
Grain, rtoo and Say.
WHEAT Buying price, new Track,
Portland Club. 30c: biuestem. 95o:
fortyfold. 92c; red, 88c; Wlllametts val-
MILLSTUFF8 Selling price -Bran.
$26.50: middlings, $33.00; shorts, $30.00:
chop, $21.00029.00; alfslfa meai, $18.00
PeBARLEY Feed. $28.60; rolled, $8.50;
brewing, $27.
FLOUR Selling price Ka stern Ore
gon patent, $4.80; straight J.04.66;
export, $3.40:49; valley. 84.56; gra
ham, H, $4.40; whole wheat, $4.66;
rye, 6s, $6.60: bales. $1.00.
HAY Producers' prlca New tim
othy. Willamette valley, fancy. $14.00
4315.00: ordinary. $12.50filJl east
ern Oregon, $16.50; mixed; $11.00U.OO;
claver, $10.10; grain. $11.00; cheat.
$11.00: $11.00: alfalfa, $10.00ll.OO.
OATS Producers' prlce Track, No.
1 white, $30,504)31-50; gray, $29.5Q
r $8-60. .
rrnlta and vegetables.
FRESH FRUITS Oranges, new
narels, $3.25 if 3.60; bananas lie
lb; lemons, $3.25 6.00 box; grapefruit,
$4.0004.60; pineapples, Hawalitn, $4.26
dor, pears, Bartlett. $1.75; grapes, 11.09
491.30; baskets, 25c; huckleberries, 8 9
- 9c lb; cranberries, local. $9.8010.60
bbl; eartern, $12012.60 bbL '
ONIONS New Oregon. $1.101.25
Pr o0jh California. $11.10; garUc,
POTATOES New. Belling. $1.00
1.25; , buying for shipment, per cwu
fancy; 90cir$l.u; .ordinary, Q85c;
wet $1.76W1.!3 .
VEGETABLES Turnip. new Oregon,
fic)$l;- beets. $11.25; - carrots, 6tfy
f
THE
WORLD'S
STOCK PRICES
EASIER TODAY
Small Losses Quite General
in List Northern Pa
cific ex-Dividend.
New York, Nov. 19. With a weaker
tone abroad the stock market opened
rather wealf sthis morning with losses
la quotations quite general. WJille trad
ing was on quite a liberal scale the
purchases seem to have comefrom par
ties who wanted to give the market sup
port. The decline of He In copper
metal weakened the metal shares and
brought about general liquidation.
Northern Pacific sold ex-divldend IK
Der cent todav.
The Wall Street Journal says In Its
summary today: Americans in juonaon
weak. to 1 per cent below parity.
London general market heavy with cop
pers snowing special weaaness. Mann
of England rate unchanged. Analysis of
B. & O. saving- and operating expenses
shows practically all taken out of main
tenance, strong attack maae on uorn
Products in tariff hearings. Atlantic
Coast annual report shows 5 per cent
on preferred ana 6.68 per cent earned
on common.
TlEATEliil OF
MILK AT THE DALLES
The Dalles, Or., Nov. 19. There Is a
scarcity of milk In The Dalles, owing
to an increase In population. Dairy men
who operate the sanitary milk depot
complain that they cannot procure a
supply at Portland, Washougal or any
place near The Dalles. It Is probable
that larger herds will have to be estab
lished near the city. There are already
over half a dozen large dairies near this
city that send all their milk to The
Dalles and still it is not sufficient.
PRODUCE IN SA FRANCISCO
San Francisco, Nov. 19. Fggs, per
dozen, California fresh. Including cases,
extras, 66c; first, 60ci seconds, 40c;
thirds, 28c; California storage, extras,
86c; first, 32 He; seconds, 26 He; east
ern storage extras, 28 He; first, 27c;
seconds, 26c.
Butter, per Bound California fresh,
extras, 31 He; first, 27c; seconds. 23o;
thirds, 20c; eastern extras, 27c; ladles,
extras, 22c; first, 2lc; pickled, No 1,
23He; storage, California extras, 26Hc;
packing No. 1, 21Hc.
New cheese, per poilnd California
flatr fancv, 14 He; firsts, ISc: seconds,
11 He; California Young America, fancy,
17c; first, 16c;; eastern New York Ched
dars, fancy, 17c; Oregon flats, fancy,
14c; Oregon Young America, fancy,
16 He; California storage, fancy, flats,
12 He; Oregon flats fancy 13 He.
Potatoes, per cental -River whites
(sacks) fancy, 7085e; poor, 6065c;
Salinas burbanks, $1.401.55; Orego'i
burbanks, $1,1551.30; sweet potatoes,
per pound, 1H1Hc.
Onions, per sack 50 60c.
Oranges, per box Valencies, $3.00
4.00; new crop navels, $2.003.00; tan
gerines, crates, $1.26.
SAN FRANCISCO GRAIN MARKET
San Francisco, Nov,
19. Merchants
exchange quotations:
Cash wheat Walla Walla, white
$167H: rel Russian, $1.63; turkey
red, $1.76; biuestem, $1.75.
Future wheat May, $1.72 bid; De
cember, $1.66.
Cash barley Bright, $1.45 bid; brew
ing, $1.47
Future barley May, $1.49 u bid;
$1.65 asked; December, $1.46 bid;
$1.53 asked.
Milistuffs Bran, $29.50; middlings,
$34.00; shorts, $33.50.
Oats White, $1.73 per cental.
Liverpool Wheat Market
Liverpool, Nov. 19. Wheat:
Open.
Close.
7s lld
7s 9( d
7s 8Hd
December 7s ll'4d
March 7s 8d
May
7s 81
Hd
75c sack; parsnips, 85cg1.00; cabbage,
$1.50f J1.75; tomatoes, 66c per box;
California. $1 per crate: beans. 18c;
cauliflower, 75c$l; peas, 12c; .norse
radish 6 7c; artichokes, ( ) " doz;
rreen onions, 15c per doz; peppers, bell,
c; Chile ( ); head lettuce, 40c
doz; hothouse, 75c$l box; radishes, 15o
dozen bunches; celery, 6585c; egg
plant, 15c lb.
APPLES Good, $12; poor, 50 75c
per box.
Orooerles, nttta, Xto.
SUGAR Cube, $6.46; powdered, $6.80;
fruit or berry, $6.05; dry granulated,
$6.05; conf. A, $6.25; extra B, $6.56;
Golden G, $5.45; D, yellow, $5.35; beet,
granulated, $6.85; barrels, 15c; half bar
rels, SOc; boxes. 660 advance on sack
basis.
(Above prices are $0 days net cash
quotations.)
SALT Coarse Half ground, 100s,
$11.00 per ton; 60s, $11.50; table, dairy,
60s. $16.60; 10s, $16.00; bales, $2.86;
Imported Liverpool, 60s. 120.0-j; 100s,
119.00; 40s, $18.00; extra fine, barrels,
2s. 6s and 10s, $4.6005.50; Liverpool
lump rock, $20.60 per ton.
RICE Imperial Japan No. 1, 5 He;
No. 2. 6Hc; New Orleans, head. 66fcc;
AJax ); Creole. 6 He.
COFFEE Package brands. 816.50.
BEANS Small white. $5.25; large
white. $4 50;, pink. J3.85: bayou, $3.76;
Llmas 10.75; Mexican rens, m.oo.
Meats. Tlsh and jTovrsJons.
HAMS, BACON, ETC. Portland pack
(local) hams, 10 to 13 lbs, 16c per lb;
breakfast bacon, 13 21 Ho lb; picnics,
10c lb; cottage roll, 11c lb; regular
hort clears, smoKea, isc 10; Decks,
htsvv smoked. ITc lb: light, smoked.
14c lb; bellies, smoked, 16a lb; pickled
tongues, svo eacn. -
DRESSED MEATS Front street
Hogs, fancy, 7c; ordinary. 6(Hc;
large, 6c; veal, extra, 89o lb; ordi
nary, 7w7Hc lb;, heavy. 7c lb; mut
ton, fancy, 67o; lb: spring lamb, 1&
7 He lb,
tit
OCAL LARD Kettle leaf. 10a 14c
per in; os, 1414c per id; 60 ID tins, ISHo
per lb; steam rendered, 10s, lso pr
tb; 6s, 13Hc per lb; compound, 10a, &e
ltr id.
CLAMS Hardshell, per bo, $210;
razor clams, $2.00 per box; 10c per doz.
FISH Rock cod, 10c lb; flounders,
6c per lb; halibut, 8Hc per lb; striped
bass, 16c per lb; catfish, 10c per lb;
salmon, sllverslde, 7c; herrings, 5c
Per lb; soles, c per lb; shrimp,
2 He per lb; perch, tic per lb: tomcod,
10c per lb; lobsters, 26c per lb; fresb
mackerel, ( ) per lb; crawfish, SO3
par dozen; sturgeon ) per lb; black
bass, 20c per lb; sliver smelts, 60 per
lb; black cod, 7 Ho per lb; crabs, $1.21
175 per dozen.
OYBTERSShoalwater-Bay. car vat-
ion, i2.su; per mu-10 sacs, .uu; uiym-
? la. per gallon; $2.40; per lCO-Ib sack.
8.00 $.50; Eagle canned, 60c can, $7.00
dozen; eastern In shell. $1.75 per 100.
rmunm, wni, vu. aico.
P.OPE Manila, 9e; sisal, 7 He lb.
ON SEED OIL Raw. bbls, 58c; cases,
lln- kAll.,1 Kkl. III.. n .... ...'. , '
lots' of 260 aaliona. ' lo less: oil rati
meal, $34 ton.
BENZINK 81 o.. cases lla k
gal; Iron bbls., HHo per gaL
WHITE LEAD Ton lots, 714e per
lb: 600-Ib lots. 8a nsr lh: lems lata lUn
per lb. "
TURPENTINE In -cases.' tSHo per
v ihh IHAH.H rresent basts. $2.35. .
OREGON DAILY JOURNAL.
POOR QUALITY
STRIKES A SHAG
Packers and Killers Try to
Discourage Shipments of
Off-Grade Cattle.
PORTLAND LIVESTOCK RUN.
Wrw
Cattle. Sheep.
135 16
143
85 27$
275
267 635
68 66
Thursday 172
Wednesday 400
Tuesday J7g
Monday 70D
Saturday 676 .
Friday 356
Portland Union Stockyards, Nov. 19.
Good fat cattle are quoted very firm in
the yards at this time around $4.25, but
in order to bring this price the quality
must be good. It is in the ordinary
stuff the lean and improperly fed cat
tle that the market is inclined to show
any degree of dullness. J Packers and
killers welcome the arrival of fat fin
ished cattle, but they have been fed
upon a diet of poor, thin stuff for so
long that their stomachs have revolted.
Just now they are doing everything in
their power to discourage the shipment
of off-grade cattle to market. The
method they take in this discouraging
work is simply to cut the price to such
a figure that there is necessarily much
complaint from the shippers when their
iviuiiia cuiiie in.
While this method of stopping ship
ments of livestock that is not wanted
has been effective in ireliiinE the end
desired, at other times it seems to have
failed utterly thus far in the Portland
market for this movement. The run of
poor quality continues liberal and day
after day a large portion of the ar
rivals are carried over by commission
handlers simply because buyers want
the market to be slow.
Higher Price in Ehep.
A higher price Is rullnar in the local
sheep market becaue of the Improved
demand. Because of the UmitpH arrival
killers are todav offering an advance of
about 25c for the better class of stock,
although ordinary quality Is unchanged.
i.amns are now corning about as heavy
as eheep and for that reason the killers
are not willing to pay such high prices
as formerly. The commission trade is
now quoting as high as $4 for select
wethers with some going down to $3.76.
Straight ewes are flndine a demand
around $3.253.60 and mixed ewes and
wetners (about half and half) are belne
quoted at $3.60!gi3.75.
Hoks are sliowintr a Rtendv tone with
sales of good quality from $6 to $6.25
witn tne average sales todav around
$6.15.
Today s arrivals In the local vards
compare wiin tne movement 011 tnia aay
in recent years os toJlows:
Hogs. Cattle. Sheep.
!?07 285 266
180H 443
1905 81 27 730
A year ago today all lines of livestock
were easy at unchanged prices.
Representative Sales at Tarda.
The following are representative of
the sales made in the vards for recent
transactions and. show exactly the state
or me aemana and prices paid for vari
ous varieties and qualities:
UUUS.
Weight. Price
103 hogs 20,880 $6.15
CATTLE.
2 cows 1.935 $2.50
13 steers 15,050 3.75
13 heifers 13,535 3.25
1 cow 1,035 3.00
4 steers 3.404 3.25
17 steers 18,829 8.60
Following is the general range of
values on stock ruling In the yards for
late shipments:
Hogs nest east 01 mountains, iB.uoir
6.25: ordinary, $5.75: blockers and
China fats, $1.00(a)5.60; stockers and
feeders. $4.755.00.
Cattle nest east or mountains
steers, $4.004.25; medium steers, $3.75;
poor steers, $3J0; best cows, $3.00; me
dium cows, $2,6012.75; stags, $2.60
3.00; bulls, $1,766100.
Sheep Best wethers, 3.75(ai4.oo; or
dinary wethers, $3.50; lambs, $4.00(8)
straleht ewe&. S3.00(ii'3.25: mixed
lots, $3.003.T6.
veal Choice voung calves, 4.ou
heavy and rough, J3.754.00.
News Gossip
of Finance
Portland Bancs.
Clearings today $1,042,816.92
Year ago 632,851.80
Gain today $ 409,964.12
Balances today $ 66,492.75
Year ago 69,059.66
Tacoma Banks.
Clearings today $ 796.828.00
Balances today 32,145.00
Seattle Banks.
Clearings today..
Balances today . .
. .$1,522,554.00
199,041.00
Boston, Mass., Nov. 19. Declaring
that the Boston curb market Is a pub
lic nuisance Judge Lorlng of the Mas
sachusetts supreme court today found
for tha plaintiff in a suit to restrain
noisy brokers from doing business In
Doan street. The court was doubtful
as to the measure of relief to which
the plaintiff was entitled and declarea
that some sort of Injunction would be
issued at a later date.
Winnipeg, Man., Nov. 19 The farm
ers of the prairie provinces today made
public an allegation that the grain deal
ers have combined for the purpose of
depressing the price of wheat in Can
ada. They say that the price across the
line In the United States is 6 cents
higher than In Canada. Many of the
border farmers are hauling their wheat
across the line to United states mar
kets. Washington, Nov. 19. Today's treas
ury report shows: Receipts, $2,044,784;
disbursements, $2,310,000.
New York, Nov. 19. Bar silv'er, 60c;
Mexican dollars, 45c.
London, Nov. 19. Bar silver. 23 1-16J.
New York, Nov.
bonds:
Twos, registered . .
do, coupon .,....
Threes, registered. .
do, coupon
Threes, smal bonds
Fours, registered . .
do, coupon
Twos, Panama ....
do, coupon
Fours, Philippine ..
19. Government
Date Bid. Asked.
1930 103H 104 '
1930 104 .....
19ns loo; ioih
1908 100 101 H
10O
1925 122H
1925 1Z1
1024
102
110
New York, Nov. 19. Metal Copper,
lake, HHtrH'H'. electrolytic, 1414Hc;
castings, ISTiCdiltc.
Tin $29.9030.00.
Lead $4.35 4.40.
New York, Nov. 19. Sterling, cables,
486.25&30; demand, 486.05; 60 days,
484,
Boston, Nov. 19. Calumet and Hecla
has declared a dividend of $5 a share.
Great Flans for Corn Show.
Springfield, 111., Nov. 19. All ar
rangements are practically complete for
the great corn show to be held In this
city during the coming week. The ex
hibition will occupy three buildings and
is designed to bfli7 the largest affair of
MS kind ever given In this country. The
chief purpose of the promoters of the
show Is to Interest the corn growers
throughout the country in the modern,
scientific ways of raising corn, so that
the yield andf the quality may be In
creased and Improved. , ,
PORTLAND. THURSDAY
HIT THE MAY
, OPTION TODAY
Chicago Wheat Market Bear
ish With Lower Range
in Liverpool Pit.
4 wheat Growth Slow.
4 Cincinnati. Ohio, Nov. 19 4
4 Price Current says today: 4
4 "Dry weather in central re- 4
4 giona Is again unfavorable to the 4
4 wheat crop. Situation Is uncer- 4
4 tain but not positively dlscour- 4
4 aging. . Plant - making slow 4
4 growth and moisture Is much de- 4
4 sired."
CHICAGO WHEAT . MARKET.
'. Open. Close. Nov. 18. Loss.
Deq 103H 103HB 103Vi H
May ,....108 107 - 108
July ' 102 H 102 H 102 H
Gain.
Chicago, Nov. 19.--The bear clique
had It in for May wheat ,today, and they
sold that option from! morning- to- the
end of today's session. The market
started weak with a lower range abroad,
and for deferred deliveries continued
slow and weak all day. The close was
and c lower for May and July
options, respectively, while ,the Decem
ber closed at an advance of He.
Liverpool put its bearish foot for
ward at the opening this morning with
an initial decline of to Hd. Later in
the day there was a fractional improve
ment, but prices changed but little.
Liverpool closed today H q Hd under
the final figures of yesterday.
Some of the grain leaders attribute
today's decline .n distant Tutures here
to the efforts to shake out the "tailers"
who have been holding the market back.
Range of Chicago wheat prtces fur
nished by Overbeck & Cooke Co.:
WHEAT.
Open. High. Low. Close.
Dec 103H 104H 103H 103B
May 10R 108 107 107
July 102H 102 102H 102H
CORN.
Dec 63 H 63 63 H 63 A
May 63 63 62 63 A
July 62 62 62 H 62VjB
OATS.
Dec 49H 49 49H 49V4B
May 61 61 51 61 HB
July 46 46 4H 46HA
PORK.
Jan 1625 1627 1612 1612B
May 1633 1640 1627 1627A
LARD.
Nov ... 927.
Jan 927 932 925 927A
May 940 945 937 940
RIBS.
Jan 856 S65 850 3 5 OA
May , 867 870 8C5 866B
PORTLAND PRODUCE RECEIPTS.
The Portland Board of Trade furnish
es the following l'st of produce ar
rivals for the past 24 hours:
Nine hundred and sixty boxes apples,
1 car cranberries, 8 cars oranges, 2
boxes berries, 3S7 boxes grapes, 20
boxes pears, 11 crates celery, boxes
cucumbers. 6 sacks carrots, 137 sacks
onions, 1 car onions, 10 boxes lettuce,
S01 sacks potatoes, 2 cars potatoes, 1
car sweet potatoes, 4 boxes peas, 9
crates squash, 6 sacks vegetables, 81
boxes butter, 67. cases eggs, 1 car eggs
(eastern). 64 boxes cheese,-3,806 gallon
cream. 865 gallon milk, 36 boxes clams,
fi boxes crawfish, 146 boxes fish, 64
boxes oysters, 1 box mussels, 240
pounds sturgeon (3), 181 coops chick
ens, 3 coops ducks. 6 coops geese, 37
coops turkeys, 1,778 pounds dressed
poultry, 266 dressed hogs, 102 dressed
veal, 4 dressed mutton, 2 cars meat, 1
car lard, 65 cars wheat, 12 cars barley,
4 cars oats, 9 cars hay. 2 cars feed,
I car corn, 6,860 sacks flour.
Chicago Butter and Egg board No
report.
Elgin, III., Nov. 19. Butter 30c,
firm.
STOCK MARKET REACTS
FROM RECENT ADVANCE
New York, Nov. 19. Marked declines
In values characterized today's market.
Realizing was in evidence and the re
sult was the lonK-expeoted reaction
from the bull market which followed
the election. Declines were general. St.
Paul develoned considerable resistance
to the downward tendency and the Har
rlman stocks received considerable sup
port, but as a rule prices fell off sharp
ly. Stocks closed from one to two
points below flntl quotations last night.
Northwest Crop Weather.
Oregon Rain tonight; warmer ex
cept northwest portion. l-rioay rain.
Fresh southerly winds Interior, fresh
southerly gale along coast.
Washington Main tonigni; warmer
east portion. Friday rain. Fresh south
erly winds Interior, fresh southerly gale
along coast.
ldano ralr somn, rain norm por
tion tonight; warmer. Fresh southerly
winds.
Photo Supply Men Incorporate.
The Blumauer Photo Supply Company
has been incorporated by Frank M.
Conn, A. L. Levy and I. Leeser Cohen.
The capital stock is $12,000.
What We Do
We solicit deposits subject to check, savings
accounts on which we pay interest, deposits for
fixed or indefinte periods for which our certifi
cates issue, trusts under will, corporate or syndi
cate trusts, bond issues, estates for final distri
bution or other distribution, etc
Consult us freely concerning any phase of our
service.
l
Merchants Savings & Trust Co.
247 Washington Street Portland, Oregon,
The Journal Little Want Ads
EVENING. NOVEMBER 19,
BIG DROP III
PARLEY PRICE
Decline in San Francisco To
day Receives No Atten
tion From Local Trade.
World' Whtat Prices.
Dec.
Portland $ .92 HB
Chicago 1.03 B
San Francisco 1.65
Duluth 104
Minneapolis 1.04
Kansas City 97
St. Louis'" 1.08 H
Liverpool 7alld
Per cental. "May.
BOARD OF TRADE RECEIPTS.
' Wheat. Flour. Barley Oats. Hay.
Cars. Sacks. Cars. curs, cars
Thurs.
66
42
43
5,860
3,000
12
9
Wed
8
34
40
7
20
11
25
1 1
6
5
Tuesday ,
8,000
" '50
Monday ,
Sat
122
28
44
Friday . ,
While the San Francisco market
shows a serious decline in the price
of barley today, local holders do not
show the slightest change In their
views. In - San Francisco May barley
dropped from $1.63 to $1.49 l'pr cen
tal todav while the December delivery
went from $1.51 to $146'!', While
this Is ona of the most serious de
clines noted In the coast harley mar
kets for some time, the local trade
takes the view that Ban l- rancisco nas
been advancing its barley prices alto
gether too fast.
Locally the market for barley futures
has not kept pace with the many late
advances of the San Francisco market.
Compliments
(jJmfffmm cHr--A Brtter Day'. Work."
Interesting as a novel instructive as a text-book. It gives the
history ot accounting, starting centuries before the time when
contracts were recorded by notches on a stick. Gives in concrete
form hundreds of suggestions for short cuts in accounting, and
new ways for handling detail that will help any business man
president, manager or clerk to attain to a better day's work.
It Is not a Burroughs Catalogue. It is a result of scholarly
research and business experience which you'll reed with
pleasure and profit It's worthy of a place in your library.
Write for it on your letterhead or use coupon.
(Niae oat of evry tn adding sa44 listing macblass sold are Bsrroag at)
Adding and Listing machines
have been the inspiration for many of the improved methods
discussed in the book and in use to-day.
No matter what your business is, a Burroughs will be of incalculable help
to you. There are 38 styles of Burroughs, adapted to every business from
the country grocery to the city bank. It ftl take care of all the brain
numbing details quickly and accurately, and leave time for you and your
clerks to get other things done.
It excels an expert in all kinds of numerical operations, with no possibility
Hand or
Electrically
Operated
16-A
lllways Bring" Best Kcsults
W
1908.
While the prices. In the south were
frolng upward at a pace that would
nvite heavy shipments, now that these
shipments are going forward there is
no need to decoy growers further so
today values in the south went to a
basis where the local trade believes
they should have been all the time.
Among the Portland barley trade the
opinion Is general that barley will sell
higher at a distant date this season arrfl
for that reason the fact that local
warehouses are full of barley has not
in the least disturbed them.
California Is again buying oats In
this market and is paying around for
mer quotations. Today the Portland
Board of Trade reports the sale. of 400
tons of January oats at $31.50 track
this city. There was no change In any
of the grain futures on the Board of
Trade today.
CLUB WHEAT.
Bid. Ask.
November 9 1 93
December 92H 93H
no. 1 White oats.
November 155 157H
December 167 H 160
NO. 1 FEED BARLEY.
November 133 136H
December , 136H 138
January 140
OFFICIALlPiT OF
CROPS IH ARGENTINA
Secretary Fred Muller of the board
of trade Is in receipt of the report of
the Argentina government Just issued,
giving complete details of the last har
vest of wheat, linseed, . and oats, as
well as the exports and other data up
to July 31, 1908.
This report shows a rapid expansion
of cereal culture and exports. The re
port Is as follows:
Production Exports Exports
crop year crop year same
to July 31, to July 31, period
1908. 1908 last year.
Tons. Tons. Tons.
,.5.263,705 "3,136,840 2.701,753
..1.100,700 864,458 778,905
, 492,770 883,117 147,360
Including flour.
It Is estimated that 1,300,000 tons of
wheat and 100,000 tons of Jtnseed are
needed for consumption, while nearly
the whole production of oats is export
ed, therefore the quantities of wheat
and linseed available for expqrt are
estimated at 4.0.00,000 and 1.000,000 tons,
respectively, leaving still to be export
ed this year 800,000 tons of wheat. 150,
000 tons of linseed, and 100,000 tons of
oats.
The present price of these grains is
higher than last year, so that the com
parison of this year's harvest with that
of last year Is favorable to the agricul
tural Industry, while the future harvest
oi mistakes, we will prove this and
show why Burroughs is better than
any other adding machine, in construc
tion and efficiency, by an adequate
Free Trial
in your office. When you write for
our complimentary book, "A Better
Day's Work," ask also for information
about the Burroughs, and state the
nature of your business.
Burroughs Adding Machine Co.
DetreN, Michigan, U. S. A.
65 High Helbent. Lessen, W.C. En(lsa.
PORTLAND
Wheat
Clnseed
Oats .
xfassr1- i n I, i epic iiiSGussea
How the Stone Age ManK
me
Small Checking Accounts
This bank welcomes small accounts subject to check because
it is equipped with every facility for promptly handling a large
number of individual accounts. Ample capital and surplus.
conservative management and
absolute security for all deposits.
3 Per Cent Interest Paid on Time Deposits
Overbeck & Cooke Co.
Commission Hcrchaals, S(oc& Bonds, Cotton. Grab. U
Z10-217 BOARD OP TRADE BUILDING
Members Chicago Board of Trade, Correspondents of Logan & Ery
Chicago. New
We have the only privste wire connecting Portland with the ettr?
" . exchsnges. ..
MEMBERS PORTLAND BOARD OF TRAtT.
13
" " m.i am ujjjaujuj!wewai-
promises still better result, the w fa
ther being so far. (August 2 all that
can be asked for and the area ximiff
cultivation having been considerably
creased. i.-.j
The report shows the follow'ng dl.
trtbution of . the .production of grain
among the province and territories:
Province . . Wheat. Linseed. Oat a.
Tone. Tone. - Tone
Buenos Aires. 2.606,3 21 X34,B)C 4TJ1
Santa Fe . . 1,019,708 " 504,734 7,067!
Cordoba ..... 1.1 83,400 110.44 MO
Kntre Bios . . 247,79 ? 161,410 $,8i0
Pampa Cent.. 207.471 7,011 4.2SJ
Other prov... 76,000 1.800 1,80
The cultivation of oats haa made re
markable progress, the total production
In 1906 havln been only 63,lf tons.
The area, of land lowri to grain for
the last harvest, with the amount of
Invrease over the previous . year, was
as follows, In' hectares, . (hectare. :
acres).
Crop. Hectares. Increase.
Wheat 6.789,987 67,700
Linseed 1.391,467 370,001
Oats 264,098 JOO.000
Average production per hectare-' wee
995 kilos, (kilo. 2.2 pounds) of wheat
nearly 800 ktloa of linseed, and 1.735
kilos of oats. ' ' i
r m ' 11 '
Xew York Cotton Market.
Open. High. Low. Close-.
Jan 910 922 909 911
Feh . 803
Mch 909 910 900 901
April 89
May 902 90S 897 899.
June 898 900 896 ' 89
July 897 897 888 890
Aug 888 888 888 880 ;
Oct 862 863 857 8B7 ,
Nov 930 931 928 827
Dec 928 935 925 828 ,;
TWO MOKE MISSING"
BOYS ON THE LIST
Gustave Stlbling, aged 16, who lives
at 146H First street with his parents,
has been reported as missing. The
family of the missing boy believe that ...
he has started on his way to Seattle
with two other youngsters who are anx
ious to see the world.
Another boy. Mat Maglafer, Is re
ported as having left Gervals bound
for Portland last night. The boy was
last seen with an uncle who It Is b
:ieved Is trying to persuade the young
ster to go with him to British Colum
bia or the State of Washington. Chief .
Grltzmacher detailed an officer to look
for the boy at the depot but so far no
trace has been found.
Mount Tabor Mothers' Meeting. .
The Home Training circle of the.
Mount Tabor school will meet at the
home of Mrs. J. C. Elliott King, 237
West avenue, Friday afternoon at 8
o'clock, the meeting taking the form of
a social. As children will be enter
tained by an hour of story telling, moth
ers are invited to bring their children
and attend.
How the Stone Age
" Kept Books
Beginnings of Mathematics
end CommercMl Book
keeping The Abacus and other
calculating devices
Business Practice is An
cteat Babylon
Origin of the "Carbon
Copy"
Charles Babbage'a "Dif
ference Engine"
Birth of the Modern
Adding Machine
Sbort Ctt Seggisilsas:
Dally Cash Batanesa
Stock Kecordsand huentilss
Comparative Statements of
Operating Expanses
Methods of Aaalysina; Out
standing Aeeeuats
How a Trial Balance Cao be
Handled with Accuracy sad
Quickness
Recapitulation of Sales In a
Retail and Wholesale Store
How to Handle Monthly
Proving Yoox
Daily Posting
too of Trial Bat-
APrevoatioo
aace Troables.
A Shorter end Better Way to
Handle Cash Received
Checking Invoices by
Machinery
Handling a Pay RoU with
Quick Aocaracy
MultipllsaUoa Cot in Half
Subtraction In Less Time
Time-Sevlng EMvtekm Mothed
Handling Check
Pl4nirea by
Machinery
Getting Cost of Day Labor
Labor Coate by Joke A
Short r Way
Material Coat bjrjobe
Finding Cost ofplecee
Cotton Invoices Made in One
third the Tune
Saving Time in Adding and
Listing Tons and Cwta.
Handling Addition of Pest
Inches and Practises of
Inches
A Scheme for Reconciling
Bank Balances
Adding and Uatlne Hoars
and Minutes In Lose Time
Cheeking by Orand Totals
Chocking Statistics
Etc., Etc.
OREGON
strict federal
supervision
anora
York, Boston.
Begionings of Mathematics