THE OREGON DAILY JOURNAL. PORTLAND. TUESDAY EVENING,! DECEMBER 29, 1908.
SAN FRANCISCO PLANNING
A GLORIOUS NEW YEAR EVE
HE
WO
MAKILTS
BETTER PRICES
RULE IH APPLES
Best Stock of Small Size
Moving Above $1 Dull
but Firm in Potatoes.
' TODAY'S WHOLESALE MARKETS.
Cheap apple surplus cleaned up.
v 1 Mixed tone In eggs.
Dressed meats very scare.
Poultry mnrket better.
Nickel milk 10c higher.
Rolled oats 60o barrel higher.
Pull but firsn In potatoes.
Hop transactions still liberal.
Creamery butter holds firm.
Cabbage market is steadier.
Chao Apples Cleaning Up. -
The heavy surplus of cheap price ap
ples In the Front street market has
' been tleaned up and low priced fruit is
not over plentiful at thin time, jnexe
is stronger tone to the entire apple
ma?k JuTnoW, and price, may safely
be said to be 2Bc a box higher than
foVrntr figures. While a -hprt time ago
almost any of the smal er 'ru
could be purchased .Quite freely at II
a box In fact, many sales were made
. C.?... nrnra hut today none of
tbTbVter grades are obtainable unless
m higher price Is offered.- Practically
all the low priced fruit has been cleaned
ut of the Hands of the various unions
- . . . . .l. .Ik. all a Inn w the r-
-11.. .inn. ban been, cleaned up is
shown by. the . increasing Inquiries for
.nmini from California. The
n.rlr.X hftVA hPPfl OUitS lib'
Jral buyers of apples In this territory
fnr inrni weeks. Most of the better
trade Ben Davis have been sent
that direction.
Kolleft Oats 80 Cents Higher.
in
All through the cereal market there
is a firmer tone for the manufactured
product. The, higher prices ruling of
' late for an grains ns iurueu ...
price on the manuraciurea aruuiea,
though some manufacturers have tried
to check the advance up to this time.
Today there was an advance of 60c a
barrel In rolled oats and oatmeal; the
new list now1 being in effect.
rive Cent Milk Advanced 10 Cent.
The Borden Milk company, maker of
the Pioneer brand of milk, announces
. an advance of 10c In the value of the
6 cent sImis. There Is no change In
the general condition of the canned
milk market, today's rise in 5s being
mused entirely by the higher cost of
tin and labor in putting tip the smaller
wises. Higher prices continue to rule on
canned milk here than on the sound.
Cabbage Market Is Steadier.
There Is a firmer tone In the Front
street market for cabbage and some ln-
.. itTfrsiB irv iiwioin
in the price. Select quality is not so
plentiful as a short time ago, while de
mand is more liberal.
Market for aweet potatoes Is very
quiet, with price unchanged. Quality of
the stock li not so good.
" .- - Dull bat Tlrm In Potatoes.
There is a dull .but firm tone In' the
local potato situation. No Increase is
shown in California buslneaa, San Fran
cisco values still being out of line with
iha vi.wfl of th producers here. A few
cars continue to roll towards Los An
geles, but the price there is not over-
rirm as yet.
Onion market bereli just .steady with
sn accumulation eft poor quality, which
the trade is quite anxious to get rid ot,
Poultry Market Is Better.
A better tone Is shown In the poultry
market and a slightly advanced price is
noted In chickens. While the arrivals
are small the demand has scarcely
opened up for the week, but the trade
In general expects a steady tone to rule
unless the arrivals are heavier than an
ticipated at thin time.
While an occasional sale of fresh
eggs is still reported as high as 40c,
tfte general market is rather dull even
at-88c. Holders of eastern stock are
making every effort to unload their sur
plus and therefore are trying to check
nny possible decline in local egg prices.
If a decline occurs In local eggs It
means the elimination of eastern stor
age stock from this market for the
rest of the season.
Brief Votes of Trout Street Trade.
Dressed meats, both veal and hogs,
continue scarce and high.
Quite a number of 'transactions are
itgain reported in the hop market, with
' an occasional consignment to London.
Creamery butter is very firm for best
make. Steady tdne all around for good
goods.
Front street sells at the following
prices. Those paid shippers are less
regular commissions:
Batter, Eggs sad Poultry.
BUTTER Extra creamery, 7c;
fancy, 32 4 036c; store, 20o.
' BUTTER FAT Delivery f. o. b. Port
land Sweet cream, Sic; sour, 33 Ho
per lb.
POULTRY Mixed chickens. 11
jzc; nens. nc; roosters, old, SH10c;
fryers. 11c: broilers. 1414c: geese. 9
10c turkeys, alive. 17020c: drcaaed, 15
4r2oe; poring clucks. 1416c; pigeons,
.xquabs, $2. 002. 50 per dozen: old, 31.00;
drensed poultry, ltglc higher.
CHEESE Full cream,, flats, triplets
and daisies, ISc; Young Americans, 17c.
EGGS Local best, 38o per dozen:
eastern, SO if 32 He.
Hops, Wool and Rides.
WOOL 1908 Willamette valley. 18c
v HOPS 1808 crop, choice. 67c; prime
to choice, 6i6Vic; prime. 6c; medium.
W'OtoC.
TALLOW Prl in e. per lb
34c; No.
z sna areas?. i'a z,r.
SHEEPSKINS Shearing, 10fil5e
each; short wool. 25cft40c: medium
wooU 60c & $1.00 each; long wool, ?5cQ
$1.2 each.
MOHAIR 1908 Nominal. isai9c
CHITTAM BARK Old, 4 5c; new
4U 5e lb.
HIDES Dry hides. 15 16c lh; reen.
8i9o lb; bulls, grpen suit. 6fl6c lb;
kips, 8 8c; calves, green, 14fl3c per lb.
Grain, Float and Kay.
BARLEY Feed. $26.50(i27.rii; rolled,
WHEAT BuyJna- oricp
new Track,
Portland Club, 92c; bhienterrt, Jl 00
fortyfold. 3c; red, 0c; Willamette val
lev 02c
'MIILSTUFFS Selling price Bran.
2.60; middlings, $33.00: shorts. J30 00
chop. $2LO0.29.0O; alfalfa meal. (18 uO
per ton.
FLOUR Belling price Eastern Ore
gon patent, 3S.00; straight, 1 4. OS 4.75
export, $3.70; bakers', $4.65&4.Su; val
ley, $4.66; graham, s, $4 40; whole
wheat. $4-fi6; rye, 6s, $5.60; pales. (3.00.
HAT Producers' price New tim
othy, Willamette valley rancv, (lion
ordinary, $14.00; eastern Oregon, 318 00
mixed, $4 1.60 12.00; clover. Jn oo
frain, $13.00; .cheat, $13.00; alfalfa,'
12.00n2.R0..--
OATS Producers' price Trark, No.
1 white, $33933.60; gray, $31 Q 3:.
- , rroits and "Vegetables.
FRESH FRUITS Oranges, new nav
els, $2.00 ft 3.25 per box; Japanese
oranges, 6&0 per box; bananas. 6r per
lh; lemons, $1.26 6 5.00 box; grapefruit,
$4.004.60; pineapples, Hawaiian, $2.60
rS.00'dos; pears, $1.00Q1.26; grapes,
$1.001.26; huckleberries, 10llc lb;
cranberries, local. $11. SO bbl: eastern,
$IS6"f 15.00.
POTATOES New. selling. '0ci9$l;
buying for shipment, per c-wt, fancy.
f5c; ordinary, 70 80c: sweet. $2.00:
IJUirly Rose, buying. $1.00. v
UNIONS Fancy Oregon. f 11.36 pr
100; garli". T4.i &e lb.
Ari'LKS-Gtjod, J.001.60; poor. 600
"Er rr bx. , . -
VFGETABLES Turnips. ner Oregon.
TScfc H: beets, $t.OO?1.25; carrots, tvJ
Ike ack; parsnip. frScSfl.OO; cabbage,
$1.60; tomatoes; California, Sl.75ft2.00
lr vraie; beans. 16c; .cauliflower, 1
JOBBERY IS CHARGED IN ONION
DEAL BY FRISCO DEALER HERE
Port Is nd.1
Dec. 28. To the Commer
clal Editor
of The ' Journal 1 . noted
your article regarding the Onion Grow
ers' union, and the scheme for market
ing their onions.
Now In tustlce to the intelligent deal
prs of OnKon and California. I take the
liberty In expressing my views; "after
curerul investigation, l una tni me
onion business will turn out to be a
"fraasle." and will be a disastrous fail
ure, and I will back my letter with
"farts." ' .
In the first place I ftnd after careful
investigation, that certain dealers.
.nonnlatnrfl. rrAVAn nnd JtflrpntS of the
union have speculated heavily in onions.
ana ln.orurr iu proieci men- yu. i-imoci ...
have been dwelling upon the mmas oi
thn farmers. .azitafins. trying to organ
lie a union, telling them to organize a
union and put their onions in their
hands, dictating: prices, and poor Mr.
Farmer, not up to the tricks of the
trade "bites." Hold their onions up to
prohibitive prices, the leader of the
onion ring makes the farmers hold the
umbrella over their heads, and then
Mr. Speculator unloads his onions
quietly and then disastrous slump
comes, poor Mr. Onion Grower, the
small one suffers. This trick has been
done several times in potatoes tn Ore
gon In recent years, and has turned out
as I nave stated.
I believe in organization, such as the
Hood Kiver Apple Growers' union, they
have a model one, but only for people
in that -localitv. But now comes the
Confederated Onion union, tries to cor
ner the entire state of Oregon, the most
foolish trick In my mind ever attempted.
If the leaders were sincere and had no
other motive but to make a success for
their members. It would be another
story, but facts are facts, the Confed
erated Onion Growers' union selects
agents who for the past few months
have canvassed the country over, and
bought all the cheap anions they could
get their hands on, beating the farmers
down In price, and now when they see
they cannot buy any more, they talk
union, and mislead the farmer, making
him certain promises, which In my opin
ion is an insult to both the farmer and
the intelligent dealers of the country:
then comes Mr. Speculator agent and
dictates to Mr. Buyer, you must buy
your onions through me Mr. So-and-so
or you can't get onions. Now this Is
what I consider a most direct Insult to
the dealers, a breach of unprofessional
and commercial courtesy, to the buying
public. Now if such a scheme can be
worked by these parties, what would the
onion growers say if the dealers of
California and Oregon got together.
combined and said we are going to form
a purchasing agent, and we, too, will
form a union, and say now Mr. Onion
Grower our price is so much, take it or
leave it alone.
I am sincere since this union talk
has been going on, I know many dealers
who have eon a to Colorado. Nevada
and Washington for their supplies, and
wnen tne spring comes tne grower will
have his onions on his hands. I fear
the potatoes being held now will meet
with the same result.
rhe onions this year, In my opinion,
ill not keen in storage as In former
years, as the recent frost will have its
effect on the keeping quality of the
stock. But the Oregon farmer will not
realise this until it is too late...
Now as 1 advised your readers some
time back, to sell one half of their po
tatoes and hold a few on a speculative
move, but it seems they have Ignored
this advice, being- misled by others who
WRnt to get tnem tn the spring at any
om price, ny aavice to tne onion grow
er is the same; let him sell on the open
mantei, aay o-y aay ana inis is tne man
who will get results. Take no one's
aavice.
Every Ametlcan farmer should b
able to market the produce he raises, he
has all modern facilities In so doing, the
newspapers, the United States mall,
telegraph companies, and If the growers
wouia go 10 ineir railway agents, ten
them they have so many cars of pota
toes or onions, the railroad companies
make up a list yearly and send it to
an tne dealers who want It, and Mr,
Farmer will not want for customers.
and he will get lots of Inquiries from
me acaiers wnen they are In the mar
ket.
Why pay some one else a portion of
their hard earnings? There are manv
responsible dealers who are willing to
uuy mi xc, ana wnen a rarmer can get
this price for onions, and 1 must say
that It is the average price of the en
tire United States any time, it is
more money than 1V4 cents In the
spring, counting the shrinkage, loss bv
frost and freezing. At thn nrncnt thn
market is being "bulled" and a "bearish"
state of affairs exists, caused only by
ringleaders, and time will tell thn asm
old story. "I am sorry I did not sell
when I had the chance.
Again I want to say that after careful
Investigation. I make thin tatament-
that while I did place an order with one
$1.26: peas, 13c; horseradish, 8c lb
artichokes, 66 75c dox; green onions.
16c per dox; peppers, bell, 6c: Chile
$11.E0 box; radishes, 16o dox. bunches;
celery. 40 85c; eggplant, 15c lb.
Qroctrles, jrati, Etc.
SUGAR Cube. IS.Sf - nnwdereil tc 7n-
fruit or berry. $5.95: drv Granulated'
$6.95; conf. A, $6.15; extra B. $5.45;
Golden O. $5.75; D. yellow, $5.25; beet,
granulated. $6.75; barrels, 15c; half bar
rels, 30c; boxes. 65c advance on sack
basis. Idaho prices 70c less.
(Above, prices are 30 days net cash
ijuuieii itiiis. ;
RICE Imperial Japan No. 1, 5Hc;
No. 2, 6 lie; New Orleans, head, 6S6c;
AJax ( ); Creole, 6 He.
SALT Coarse Half ground, 100s,
$11.00 per ton; 60s, $11.50; table, dairy.
60s, $16.60; 10s, $16.00; bales, $2.35;
Imported Liverpool, 60s, $20.00; 100s.
(19.00; 40s. (1S.C0; extra fine, barrels,
2s, 6s and 1 Oh. $4.50fl.5.60; Liverpool
lump rock. $20.60 per ton.
HONEY New, 16c per lb.
BEANS Small white. $5.26: large
white. $4.50; pink. $3.85: bavou, $3.75;
Limas, $5.75; Mexican reds, $4.75.
Keats, riih and Provisions.
HAMS. BACON, ETC. Portland pack
(local) hams, 10 to 13 lbs, 14 He per lb
breakfast bacon, 13S21Vo lb; picnics!
30c lb; cottage roll, lie lb; regular
short clears, smoked. 13c lb; backs
heavy smnked, 12c lb; light, smoked!
12c- lb; bellies, smoked, 15c lb; nickeled
tongues. fiOr- each.
DRESSED MEATS Front street.
Hogs, fancy, 8c; ordinary. 7c; large.
. ii'c; ordinary, 8c;
heavy, fcQgic; mutton, fancy. 67c
LOCAL LARD Kettle leaf 10s, 14c
per lb; os. 11,0 per lb; 50 lb tins, WAc
per lb; steam rendered. 10s, 13c per
In; 6s, lSVicnerlb: eomnnimH in. iu -
per lb. - ' ' 'v
CLAML; Hardshell, per box, $2 40
rai.,r!,ama'.'2 00 Pr x; 10c per dos!
Re Ifir' T0' 10c lbi flounders.
Jc per lb; halibut, 7c per lb; striped
bass, .5c per lb; catfish. 10c per lb'
rl .k. , per lo; herrings. 6c
ViL. ' p P"r lb: shrimp,
ine?'h1.bj RT' 6?-per Ib: tomcod,
10c per lb; lobsters, 25c per lb; fresh
mackerel, ( ) per lb; . crawfish, 20c
h.d?nn: 8tu!eon. ) Per lb; black
ii.. wi , i.: ver smelts, 6c per
a "i c? iic P?r crabs. $1.26
Q. 175 per dozen. t
iOY.St5RS Shoal water Bay. per gal
Inn. $2.50; per 100-lb sack. $6.00: Olvm-
fiaF.(.J-faJJ?n',,2-49: per 100-lb
.00t6.o0. Eagle canned, 0c can. $7.00
doxen; eastern in shell. $1.76 per 100,
Paints, Oosi, OU, Etc
4V?Nho!iLD PiL-S"r' bw 6e! cases.
64c, boiled, bbls, 60c; cases, 66c a gap
eU.l,0f,326toaU0n-- lc
i- &r6 ,dt?- " : s Jr
.. ilii? '-EaD Ton lots, 7 e per
pV lb b l0t, 80 p?f lhi leB" c
TUIlNTINE-in cases, ESo per
WIRE NAILS-Present baaig, $3 15.
of the representatives of the union. I
will withdraw same this, day, and I am
willing to deal with any honest farmer
direct, and rather than to buy from this
union I will seek other territory for
uuiuiih. x iiis piece oi nonsense is a
detriment to the state of Oregon, and
ii umy umcouraajes he rarmer should
he meet with poor results after being
hoodwinked" and consequently he do
creases his production of onions and po
tatoes drives the buyer to other fields,
and then It stagnates, the business.
Knowing that The Journal has been
friendly inclined toward the farmer and
dealer, I hope that some of Its readers,
who no doubt are farmers, will think
my letter over very carefully and take
from it what Is rood, for their I
and put aside all prejudice and act for
themselves. In this way, the dealers
and buyers will have confidence in the
Kruwur, out tn rignts and reelings of
the buvlnar nubile should iim. ha re
spected, and the first rule ofr nature is
self-protection, and charity begins at
home, and let tha other felinw tnk.
of his own business.
I find that I have all T can attend to,
minding my own business, and this re-
souse- orrerea by the so-called i
Federated Onion union tn ih. ,
able and law abiding merchants of both
i.ajuwim ana jregon, i was obliged
in justice io myseir and my many
friends who ere mwhont.
doing an nnest. straightforward, legiti
mate business, who abide by the Golden
vuiu principle, svii nonesty to the far
mer means additional business through
am, vuurH vsrv iruiv.
J. H. GRANDE.
KLAMATH COOHTf
HOLDS RECORD
Top Price for Steers Belongs
to the Southern Part of
StateQuiet Tone.
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Sheep.
33
...... 265
. 180 370 117
Tuesday . .
Monday . .
Saturday .
Friday . . .
Thursday .
Wednesday
None,
277
42
80
58
46
Portland Union Stockyards, Dec. 19.
There was only a handful of arrivals in
the yards today, a total of 32 head of
cattle being all that came during the 24
houis. Not a single head of sheep or
a hog appeared. The market is good
all around, with cattle the most de
sired, although no line is showing neg
lect at this time.
Perhaps shippers are wise In their
wltholding supplies from the market at
this time, for were the Input very lib
eral there Is little doubt but that the
price would suffer. This applies to all
lines alike for butchering and packing
operations will not be resumed to their
normal scale until after Thursday or
the first of the new year.
To J. E. Mitchell of Gaxelle, Cal., be
longs the credit for securing the high
est quotation of the present season for
cattle yesterday. "While the shipment
was made from a California point, sas
i-rcn m. Ajac-cjr, i.h neiier, tne SIOCK
came from Klamath county. Oregon, and
was one of the best lots I have seen for
some time." . .
Today's run of livestock compares
with this day in recent years as follows:
Hogs. Catle. ' Sheep.
108 32
1907 65 30 . ,.i
1908 48 46 ... I
1906 636 299 365
A year ago today all lines of livestock
were steady at unchanged values.
Yard's Bepreseatatlve Prices.
Following prices are representative of
late transactions in the local yards, and
indicate the extent of the demand and
prices paid for the various weight and
grades:
CATTLE.
Weight.
4 bulls 60.120
26 steers 29.535
26 steers 28.834
2 steers 2,216
2 stags 2.976
17 cows 17.000
Price.
2.25
4.60
4.60
4.26
3.25
3.60
3.25
$4.40
4.00
8.75
3.25
2.00
3.00
2.76
2.60
3.00
2.76
8.00
8.50
5 cows 4,845
14 steers 162,280
20 steers 20,000
4 steers 3.996
31 feed steers.
26.680
1 bull ..
6 heifers
1.160
4,650
2.275
25.225
25.920
76.435
4.660
49.795
3 cows .
25 cows
26 cows
7 cows
6 cows .
65 cows
3 steers
3.080
4.30
4.00
3.25
4.75
4.50
4.65
5.. .5
2.00
3)0
3.01
4.10
20 steers 21,400
7 cows 6.165
33 steers 41.250
1 steers 20.000
25 steers 31.750
24 steers 29.400
21 stock cows 17,450
21 cows and calves 14,325
20 cows and calves 14.610
2 steers 2.540
HOGS.
28 pigs 3.365 $5.00
14 hogs 3,320 6.00
SHEEP.
181 sheep and lambs... 21.400 $4.75
67 sheep 6.100 6.00
The following Is the general range of
values on stock running in the yards
for late shipments:
Hogs Best east of mountains. $6.00
6.10; ordinary, $6.00; blockers and
china fata, $5.50; stackers end feeders.
$6.00.
Cattle Best steers, weighing 1200
pounds, $4.604.76; medium steers.
$4.2.6: poor steers, $3.60; best cows,
$3s60; medium cows. $2.75tfj 3.25.
Sheep Best wethers, $4.75 5.00; - or
dinary wethers, $4.50; lambs, $4. 750
$5.00; straight ewes. $4.260 4.60; mixed
lots $4.00.
Veal Choice, young calves, $4.25
4.75; heavy rough. $3.75 4.00.
SAN FRANCISCO GRAIN MARKET
San Francisco. Dec. 29. Merchants
exchange quotations:
Wheat December. $1.69: May. $1.70.
Barley December, $1.44 1.45; May,
$1.42-4.
Cash wheat Walla Walla, $1.67 ;
red Russian. $1.62 H". Turkey red,
31.77V4: bluestem. $1.77.
Cash barley Feed, $1.42 H; brewing.
$1.47.
Cash oats No. 1 white, $1.75.
Mlllstuffs Bran, $29; shorts, $32;
middlings, $33.
Xewr York Cotton Market.
Open.
..869
..879
..889
!'.889
..881
!!8R5
..908
High.
873
. 884
891
in
889
868
-910
Low. Close.
January . .
March ....
May . . . . .
June .....
July
August ...
September
October . ,
December :
867
873
878
886
885
880
864
906
882
891
888
889
881
868
864
908
? Xiverpool Wheat Market.
, LI ve"! pool, Dec 29. Wheat:
:-- - . .... upen.
December ....... .;.7s 11 d
March ..... ...... .,7 7d
May ...... 7s 7 d
"' Close.
7s lld
7s
7S
7d
6d
' European Grain Visible.
Liverpool. Dec. 29. Wheat visible of
Europe shows a decrease of 1,476,000
bushels. . ,
LITTLE TRADE III
HOI WHEAT
Market Quiet With Buyers
Unable to Secure Supplies
at the Prices Offered.
BOARD OF TRADE BECEIPTS..
Wheat Barley. Oats. Hay. Flour,
Cars. cars. vara. Lars. Bacas.
Tuesday-,
S
1,650
7.300
Monday ...
104
73
45
63
Saturday . .
8.C20
2,600
4,093
Thursday .
Wednesday
While but little trade Is reported In
either line of the local grain market,
the tone Is strong and holders are
showing no disposition to change their
views regarding the future of demand
nn prices.
With remaining stocks of wheat In the
Pacific northwest in very strong .hands
and few of the millers of this terri
tory having sufficient supplies to fill
their wants, the latter are eagerly bid
ding tne recent advance for wheat,
but are not able to close many deals.
It is Improbable at this time that
any great quantity of wheat will go
forward from the Pacific northwest to
Mexico. This Is not due to any lack
qf demand from the southern republic,
Kut to the determination of the mlll-
er k... n T,1I .11 U . U
country. It Is a well known fact that
remaining supplies of wheat in the
four coast states are barely sufficlen
to tide the trade over until the new
crop is ready for the market, therefore
the trade looks upon the Mexican de
mand with unfriendly eyes and while
mat country nas peen oiaaing hlgn
prices for wheat at Interior joints,
millers Invariably bid more and secure
the supplies.
While a lower price Is named for
May barlev In San Francisco today
the local trade was not inclined to
ronow the change. The fact that Cal
ifornia is forced to buy its. bar'ey here
aaai to tne strength of the local mar.
ket and the home trade believes the
decline In the south today is more of
a niuir man anytning else.
On the Portland board of trade trad
continues slow with a holiday character
preaominaiing.
Official weather forecast for the com
ing go nours:
Oregon Fair tonlc-ht and WednMriav
colder except near coast; easterlv winds.
Washington Fair tonlaht. colder ex
cept near coast. Wednesday fair, cold
er eaai portion, easterly winds.
Idaho Fair and colder tonight and
uoard or trade prices:
CLUB WHEAT.
Ask.
December 91 i
January 91
93
82H
NO. 1 WHITE OATS.
December 10
January 162H
100 1
NO. 1 FEED BARLET.
December 137
January 140
140
142H
SHORTS COVER
mm
1
Chicago Market Advanced
While Liverpool and Paris
Are Showing a Loss.
CHICAGO WTHEAT MARKET
Open. Close Dec. 29.
May 10SH 107A 106
July 98 99A 84i
September 95 Vi 96 96
Gain.
1
v4
Chicago. Deo. 29. The local trade
made a sudden switch of sentiment In
the wheat market today, ignoring the
trade abroad entirely. Longs seem to
anticipate something wrong with the
crop In Argentina, although 'the news
which comes from there gives forth
no promise of anything seriously wrong
with the crop. The mere fact that the
wheat country Argentina has had
a few days' rain does not Indi
cate that the crop Is damaged to any
extent. vSome Interests abroad think
that the rains are welcome Inasmuch
as they will clear the air and in the
end help the crop.
Liverpool was decidedly bearish all
day. The opening there shows s loss
of d from yesterday. Vhlle at the
closing the market was down 'd to a
from the previous closing. Other for
elgn markets were depressed with gen
erally lower quotations. At Paris the
closing was 6 centimes under yester
day. After a lower opening for May
and July the market in Chicago became
strong with considerable short cover
ing. This carried all values to the
hieii point. May was the . strongest
option for the day, closing with a net!
Kyn 01 ic ai fi.uvft, wnue the Julv
and September were each c higher
i 00741; inu vac respectively.
Range of Chicago prices
by Overbeck & Cooke Co.:
WHEAT.
furnished
Open. High.
. 106 107
. 98 99
. 95 96
CORN.
. 60 61
. fll 61
. 61 61
OATS.
61 61
. 46 - 46
. 39 39
PORK.
.. 1622 1630
.. 1647 1660
LARD.
.. 945 950
.. 967 970
.. 980 980
RIBS.
.. 833 832
. . 862 866
. . 876 877
Low.
106
98
95
60
60
61
Close
May
July
Sept
May
July
Sept.
107A
99A
61U
1
61
May
July
61
46
39
1627
1650
Kept
Jan.
May
1617
1642
1 .fan.
942
963
977
960
967B
980
827
866
877
July
Jan.
May
July
82T
860
876
NORTHWEST BANK STATEMENT
Portland.
Clearings today .........
Year ago
975.664.62
709.171.40
Gain today t 266,483.22
Balances today ...........,$ 128,956 01
Year ago 81,492.77
Taeoma.
Clearings today . . . .. ...-...$ 811,869.00
Balances today . ........... 68,034.00
. . . Seattle
Clearings today, .....
Balances today ......
.11,464.667.00
. 264,682.00
: Hogs Are Down! Todayv
' Chicago. Dec. 29. Hogs. 33,000; cattle.
4500: sheep, 15.000. Hogs are 6c lower.
Cattle and sheep steady.
Kansas City uec. 29. Hogs. 20,000:
cattle, 12,000; sheep 7000.
Omaha, Dec. 29 Hogs, 12,000; cattle,
3600;. sheep, ,9000. . ,
' American Wheat 'supply. '
Chicago Dec. 29. Total . American
visible supply in bushels:
' Today. Tear Ago.
Wheat ...... ..,61,676,000 40,391,000
HIGHER
man
AliilCOIIOil PAYS
ITS DIVIDEi
Even Advance of J-8c in Cop
per'Does Kot Hold Be-"
cline in Check Today.
New Tork, -Dec. 29.-The declaration
of -the' regular dividend on Anaconda
and art advance V of lVo on all grades
of copper metal today did not help
the Stock market to an v extent anil II -
quidation believed to be from heavy
longs brought the market down at the
closing. While foreign markets were
mixea ine aecimes were -heavier than
the advances In London Tn hi mar
ket New York Central lost 1H points.
Amalgamated copper 1, Anaconda
ill "fi and Union Pa
cific 14 points.
Range of New' York prices furnished
by Overbeck & Cooke Co.:
Description. ; Open.
Close.
83
49'
42
67
130 .
83
102
49
29
100
108
110
93
67
176
82
13
150
67
28
67
iviimiKaiiiaieu uopper JO. ... 84
49 f
American Cotton Oil. q..
American ' Loco., c.
American Sugar, c... ...
American Smelt., c,
do preferred
Anaconda Mining Co.....
American Woolen, c...
Atchison, c '.ii...
do preferred . ,
Baltimore tt Ohio, c....;.
68
86H
60
.100
.103
111
6814
177
32H
. 13H
.151
00 prererred , . . .
Brooklyn Rapid Transit.
Canadian Pacific, c. . . . . .
Central Leather, c
Chicago A G. West., c...
Chi. Mil. & St Paul....'
Chesapeake & Ohio
Colo. Fuel & Iron, c
6H
Colorado Southern, c 57
do 2d pfd 74 tt
75
do 1st pfd 74
Corn Products, c nu
Corn Products p 73 -
Delaware A Hudson 17a
miner oc mo uranae, c.
Denver & Rio Grande, p
Erie, c .
Erie, 2d p
Erie. 1st p
Great Northern n
50
.147
Illinois Central! 147
Interurban Metropolitan, c 19
Interurban Metropolitan, n. 48
Louisville & Nashville 124
Mexican Central Railway.. 23
Missouri Kunnam A, T-a. a it tT
Missouri, Kansas & Texas! p 71
iia.uir;i a .....,... jiff L
Ore Lands ............ .It . 73.
Missouri Pacific 66
National Lead 79
New York Central 124
N. Y. Ontario A Western. 47
Norfolk & Western, c 85
p" ;' 86
I'urtn American , 74
wurumrn r-acinc. c. . ...... 143 142T4
Paclfto Mail Steamshln r Ji '
Pennsylvania Railway. ... .131 13m
People's G.. L. & Coke Co.. .105 104
Pressed Steel Car. c 441Z 43 3
do Dfd iSi
Reading, c 14IU nn
do 2d preferred 90
do 1st ofd on
Republic Iron & Steel, o... 26' 26
do Dfd . . '. ST S7-
Rock Island, c i... 24 24U
dO Dfd K2U. SAlZ
SL Louis & S. F.. 2d pfd 40
do 1st ofd ei
St. Louis & S. W.. c 2 a nu:
Southern Pacific, c .121 121 S
ao preierrea . .... i 124
Southern Railway, c 27
do preferred 63
Texas & Pacific 37
Toledo. St L. W.. a 49
do Dreferred
Union Pacific, c. '. 181
do preferred
United States Rubber, c
do. preferred
United States Steel Co., c. . 55
do preferred ..1 112
Wabash, c 19
do preferred u.
Western Union Telegraph. ....
Wisconsin Central, c 83
do preferred 69
Westing-house 85
utan copper 47
Third Avenue 42
News Gossip
of Finance
New York. Dec. 29 Bar sliver, to tie-
Mexican dollars, 45c '
New Tork. Dec.
39.
Date. Government
bonds:
Bid. Ask.
Twos, registered . .
1930 103
do couDon
1930
1908 1908
1926
1925
104
101
Threes, registered..
101
do coupon ......
101
100
120.
121
102
Threes, small bonds
Fours, registered , .
121
io3
do couDon
Twos, Panama
do coupon .... 102
Fours, Philippine..
110
New York. Dec. 29. Lake. 14 54 if!)
4c; electrolytic, 14 14 c; castings,
Tin $29.00029.37.
Lead $4.2064.26.
. London, Deo, 29. Silver, 22 15-16d.
-Washington, Dec. 29. The treasury
statement today shows:
Receipts, $1,329,149. .
Disbursements, $1,970,000.
New York, Dec. 29.
copper advanced c.
-All grades of
New York, Dec. 29. Soo earnings for
the four months Indicate that the an
nual statement will show earnings at
the rate of 14 per cent on the common
stock.
New York. Dec 29. It is reported
that Missouri, Kansas 6 Texas- railroad
has sold' $1,500,000 bonds to bankers. No
official . statement has been made.
Chicago, Dec. 29. Chicago Great
Western earnings for the third week
of December shew an Increase of $2600.
PRODUCE IN SAX FRANCISCO
San Francisco. Dec. .29. Ea-srs. nor
dozen California fresh, Including cases,
extras, 43c flrats, 42c: seconds. 87c;
thirds. 29c; "pullets, select. 35c; Cali-
fornla storage, extras, 85c; firsts, 82 c;.
seconds, 26 e; eastern storage, extras,'
SOo; firsts, 28c; seconds, 26c. - j
Butter, per pound California fresh, '
extras, 36c: firsts. 31c; seconds, 25e;!
thirds. 20c: pickled. No. 1. 28 c: tnrr
California extras,. 29c; packing No. L
zic: ladies, extras, Z3v
New cheese, pet pound California
flats, fancy, 14c; firsts, 14e; seconds,
llc: California Young America. fancy ;
16c: firsts. 16-nC: eastern New Ynri
rheddars. fanciy I7o; Oregon flats,
fancy,- 14c; do .Young America, .fsncy,
l6e; 'California storage fancy, flats,
13c: Oregon flats, fancy. 14c: do Yonnv
America, 16c .
Potatoes, , per cental River white
f Backs), fancy, 75(g0c; poor, 60 75c;
nannas curoanm, i.o p i.tu; Oregon
Burbanks. $1.10'S1.25: earlv rnaa far
seed), $1.25(1.30; sweet potatoes. per
crate. $1.2601.60; sacks. $11.25.
Onions, per sacg l fry 1.2 6. '. Vv
Oranges. . per box Navels, standard
$1.26(3 2.00:, choice. $2.0002.50: fiLtu-v
large sixes, higher; tangerines, crates,
75c4j)1.00; half orange boxes. $1.25(31.65.
Paul Cowies, western sunerintendent
of the Associated Press, spent Sunday
and yesterdpv-In Portland on bunlnaaa
connected 'With the 'local Associated
Press office, a"" a a- gan
Francisco. - r l
38 88
. ... 81
34 34
40
60
146
U 47 U
122
23
42
73
87
73
65
78
122
: 1 ."9
46
86
"San Frsmclsco is going to have the
greatest New - Year' celebration In its
history, beginning next Thursday even
ing,": said Clarence Grange, vice presi
dent of the Western- National bank and
vice president and manager of the Me
tropolis Trust & Savings - bank of San
Francisco, , at the Hotel Portland this
morning. Mr. Grange Is here on busi
ness. He was one of the first to pur
chase property on 1 Market street after
the great fire.
"The v merchants of Fill more street
and those along Market , are trying to
outdo each other in arranging for the
entertainment of the public New Year's
eve," Mr. Grange continued, "and as a
result tha people will get the benefit.
Funds have been raised for - this -purpose,
and these two thoroughfares will
be illuminated more extensively than
ever befoxe. The Market street business
;
I
Death Roll of
the Northwest
1
1
Albert Lock wood Alderman.
"(Special Dlinatea ts The Journal.)
Dayton. Or., Dec. 29. The funeral ot
A, L. Alderman, 88 . years of age. a
pioneer of- 1846, took place at Dayton
Saturday. . Albert Iorkwood Alderman
was born at Oli Bedford, Conn. The
Albert Lockwood Alderman.
family home for most of his boyhood
near Waranar XT V wo. T.
years of age when he orossed the plains.
His party came by way of southern
Oregon and lost their wagons in the
Rogue river.
for tne tirst raw years Mr. Alderman
had a lonely time on his claim near
Dayton. Especially was this true after
the gold reekers rush for California
began. After harvesting - his crop in
the summer of 1849 he went to the
Eold fields and stayed three months,
re brought back some bags of gold dust
with which he had a sawmill built on
his place. Some of the oldest houses
in Yamhill county were made from tha
lumber of this mill.
In 1852 be was married to Marv Jane
Burns of Polk county. She died In 1864,
leaving jour cniuiren. They are MIna
Ladd & Tilton Bank
PORTLAND, OREGON
Established 1839.
Olden Bank on
Capital fully paid - - - r $1,000,000.00
Surplus and undivided profits $500,000.00
OFFICERS
VV. M. Ladd, President
Edward Cooklngham, Vice-Prea.
W. H. Dunckley, Cashier.
Interest paid time deposits and savings accounts. Accounts o!
banks, firms, corporations and individuals solicited. Traveler's' checks
for sale and drafts issued available in all countries of Europe.
:prl - PORTLAND OREGON lEjll
Courtesy
Every Courtesy! consistent with prudent banking is
uniformly extendeoby this bank to all depositors, while
our unexcelled equipment affords every facility for
prompt and accurate service. Three per cent interest
; paid on time certificates of deposit. , , , ,
Overbeck & Cooke Co.
Commission Merchants, Stocks, Bonds, Cotton, Grain, Etc f
216-217 BOARD OF TRADE BUILDING ' t
Members Chicago Board of Trade, Correspondents of Logan & Bryan, T
Chicago, New York, Boston. , ' i ' J
We have the only private wire connecting Portland with the eastern
exchanges. t r " 2
Members Portland Board of Trade ,. : i ri
men have arranged for dancing at the
different corners along the - street.
Every few blocks there will be a band
or an orchestra and the pavement wilt
be roped off into dancing platforms.
There will be various other entertain
ments too numerous to mention. An
other feature is to be the automobile
parade, . .. .(
"Ban ' Francisco has always been
famed for Its New Year celebrations,
but this year promises to be the great
est, the gayest and the most enthusias
tic that the city has ever held. Every
one down there la talking about it
every one Is looking, forward to tha big
night." ..... ;.
Mr. Orange will be In Portland sev
eral days. It is not likely that he will
be home for-New Year's eve though he
had tried to arrange so that he will
be able to return in time. ,
(Mrs. P K. 'Hubbard). William Alder
man, Marltta (Mrs. McCowan), all of
whom live at Falls City, Polk county,
andMedoram Alderman, now in Cali
fornia. : . , ,
In 1866 Mr. Alderman married Miss
Charlotte Ruth Odell of Dayton. They
had tflve children,; Edwin, who died a
year' ago: Ennis of Dayton, Lewis of
Eugene, George, who. died In 1893, and
Eva (Mrs. Ora , Powell) of Kernvllle,
Lincoln county.
Mr. Alderman was a member, of the
Baptist church and helped to found
McMlnnville college. He helped to
build churches in different' parts of the
county. In 1897 he was stricken with
TS Tsl I VMI fl-ftm whlnk: K a ..41 i
tecovered. During all the 11 years
he had been cheerful and patient He
died at the home of his son at Pleasant
Dale on Christmas eve.
FINDS DEAD BABY
' ON HER DOORSTEP
A new born Infant, wranntut In an
old shirt was found dead nn tha front
porch of the home of A. A. Kayser, 683
Front street, this morning. Examina
tion shows that the child was undnuht.
edly dead when It was placed on the
puron. jnere are no marks whatever
on the ragged garment to aid In the
Identification of the ceraona rennonaihia
for putting the little body where it was
found.
Mr. Kayser. who is emnlovad hv th.
Portland Lumber comDanv. left tha
house by the back door this morning,
and it was not until 9 o'clock that Mrs.
Kayser opened the front, door and dis
covered the grewsome bundle on the
porch. Deputy Coroner Dunning made
an Investigation, and a further medical
examination win be made late this aft
ernoon.
Ho Cried for Whiskey.
Mrs. M. J. Walker, landlady nf tha
Kingston hotel, says she Is wronirullv
accused by the city detectives of com
plicity in the robbery of a drunken sail
or while the latter was a guest of the
hotel. She says she gave him a glass
of beer when he was crying for whis
key, but that she did not "dope" the
beer. She denies that the man had any
money and says she lent him tl tha
next morning purely out of kindness.
She says the detectives are trying to
show that she gave the man this money
because It was part of some she bad
stolen from hlra.
BOSTON COPPER MARKET
(Furnished by Overbeck & Cooke Co )
ousiun. ucc, a?. -ma prices;
Arls. Com
-Adventure
Ul.hl.. . ft 1
nuvuisaii .... J"
Mohawk .... 69
Miami , 16 '
Nevada Cons. 19
North Butte . 85
East Butte .. 9'
Old Dominion 68
Osceola 184
Parrot 29
Phoenix 1
Quincy 94
Shannon 1 1 . . - , 17
Tamarack ... 81
Trinity 17
United 13
Utah MInlnsr. 46
Alloues . ... 37
Atlantic 17
Boston Con. .17
Butte Coala,. 26
Black Mt .. 3
Cal. & Arts.. 118
Cal. & Hecla.675
Centennial ..83
Copper Mt. . . 88
Copper Range 81
Daly West ... 10
Franklyn ... 16
Granby 107
Oreene Can. . 12
Giroux
Mass.
6i Wolverine ...154
6 U. S. Mining. 44
the Pacific Coait
R. S. Howard Jr., Asst Cashier.
J. W. Ladd. Assistant Cashier.
Walter M. Cook, Asst. Cashier.
b
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T
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