THE OREGON SUNDAY JOURNAL. PORTLAND. SUNDAY MORNING. NOVEMBER 21.' 1003.
TLIL..11 II
V
Trade 01 trie Past wcck
HIGHER PRICES RULE
AMERICAN BREWERS
USING LESS HOPS
IN LIVESTOCK LINES
MIA
TCD
ii i
' r" llyrnan II. t'ohfO.
wi.ll frnin 10U to 1907 lnolulvo
41,ra m an Wrrafit- In the conaunip
. i r h...'hi' r,r.nrra of ths t'riltnl
.Slate, th fcri.Ki fm that date allows
a ler". Brewer' hop cnuinpton
In th United FUU- reached H highest
t.-mr.l In 1907 when .1 total of 44.284.M9
found consumed by hr.r naa-ra.
in lf'ig the total luul dropped to 4 3.
l'J4.63 pound agalu and till rr 'her.-
) been another irop m ..ov,
pounds. The year Indira tod end June
i,1 . ni a I miiu.rrali f of hOt 111 the
lulled State reached lt hlglit inai k
for tba naat 10 year In ivus. , " "t !!
movement, wm lj.610.ldl noiiuiu. Tlil
l a roii
own nine or in
ures given In thi report a
having beeh compiled by the
statistics., department of agr
vear the totsi movrnirni ui.-,.. -
; itaiiiKit ni.nnilB or the inli-M
since ' I90J, when It wan
Mm ' . ' I
The fact tli t brewer of th rnlll
Stales have used lea bop this ear
limn for four year put an entirety new
front upon the construction of th hop
market. Heretofore It ha been the cus
tom of bull and hears In th bop mar
ket to adjust the conumptlon to their
own Klde of the market, while the fig-
in nr. ui ,
bureau or
igrlculture.
.r. mv k6 Loir After AIL
Nothing Is certain In the hop market
at any time and the many failure 01
. dealer la that commodity attet to
the extra naxaraous roiiuiuun ".""
trade, Brwers have contended all sl"
during the present season inai n""
holdings of hops were quite satisfactory
and that in consequence there was no
necessity for them entering the mark-t
as long as dealers persisted in placing
artificial values upon the product
With the; greatest shortage of nop
ever Bhown In the world since the gol
den clusters became a world's trade. It
has been believed by most interests that
not only would brewers be forced to
pav handsome prices for their hops, but
even then there would not be enough to
When the official report of the Eng
lish government was mRde. telling or
the greatest, shortage of hops there for
about It year, the hopes of the bull
leader her aruiw to a high Ut Ii
1'rlrea advanced ton pair fioin 1 10
tm a iKMind each lav and It w a rol 1
dny that did not hi In forlb this rl.
When all the advances wi-re belnfl
mad here the brevmr did not htu to
boy u llm d-alers hoped Uiy would.
In ra.t. thev have not et .ntfit-d th
liiuiket In years when nmre li)-a wi-ie
grown ami tin- lioldloits of lrwri wer
hiiMrd to tie neavier man imit.
latter Jumprd Into the tun InK rin h
noon h It lwcme apparent that prlcn
iv. ui. I mint- The ntiiente of till buyllin
it ii.M nr'..fnf Vfitr lit what I
HUtn alarm iiinong tiie lnters and
nmnv .ire ut-akening in mcir ...
though no open aelllng by th-n Inter-
eM 1 at piem-nt shown,
Dealers Kar Su eexeiiy.
While thore Is no Indication at this
1 m, a ti.Mt dealers are uolna to ileseri
hop growers who are holding for higher
ii-i-. .in tho word of the former thu
miiih hlifhor irlce will prevail
tlm dealer would hold until the-e ure
reached, atlll the lesson of forim-r yetu
would cau one to go slow In following
the lead of some of these interest too
far
Jinlv a few vear ago one 01 in
principal leaders of tho-present
inniinrnt u.ui In a mm b I nit 1 1 on
rrowers to hold for much higher price.
While the firm In iuetlon claimed
hat It notified one of the leaders or
no a-rnwxra of It intention to Wltli
draw from the combine, none or me
it..r arower knew It ami in conse
quence while practically all the grow
jer were holding for advanced value.
this one nrm ncgan 10 get iruw
leaving the producers to hold the empty
bag.
Market ems la a Good Position.
Xntwithatandtn the shortened de
mnH for lion front American brew
ers and the absence of English buying
up to this period, the poaltlon or me
hop market looks statistically good.
The following table of comparison of
the American hon movement for the
various years Is Issued by the bureau
of statistics, department of agriculture.
and shows In pound the various move
ments lor the perious enamg June aw;
bull
1th
Consumed by brewers.
Kxports,, domestic...
IJxports. foreign . . . i .
; Total '..
Imports t " . -
1900
..S4.466.8U
..12.63S.474
86,40
, .50,140,693
. 2.589.T26
1001
37,225.386
14.9t3,676
28,788
62,215,000
2,606,708
1902
89.187,078
10,715,151
29,620
49,3t,844
2.805,283
1903
88,457.278
7,794.705
55.221
46,807,304
6,012,510
1904
39.665.534
10,985,988
35,348
50,686,870
2,758,163
Grand total 47,650,968 49.409,092 47.126.551 40.294,794 47,828,707
Consumed by brewers.
Kxporta. domestic. ...
Kxports, i orelgn..-.
Tola!'
Imports J.......-....
1905
.38,822.059
.14.868.612
. . . 17000
.53,698,271
, 4.339,379
1906
41,20,172
13,026,904
32,454
64,679,630
10,113,989
1907
, 44,294.839
16,809.634
8.714
61,113.087
6,211.893
1908
42,988,257
22,920.4 80
94,631
66.003,368
8.493,265
1909
40,813,804
10,446.884
26,157
51,286,885
7,346,366
Grand total
..49.358.8H2 44.665,541 64,901.194 67,610,103 43.940,519
EFFORT OF BUYERS TO DEPRESS
: TURKEYS PROVES A FLAT FAILURE
; '
TIVIAM HTomfYAims KUN,
Week. Hon. Cattle. Calves, , Blieep,
Nov. J0... 1K , ?
Nor. IS. ..1266 1I
Nov., f...iau .ioi
(X-t. 10. .,16110 2371 ,11
Oct, 21. ..1889 1054 10
1042
I4
J101
6l
ftlft
From the Denver Post.
OIL DECISION IS
CAUSE OF SELLING
"Tile coming week will be turkey week.
Practically three quarters of the supply
for the holiday ts expected ; tomorrow
morning, and upon the numbers that
come forward will deperM the height
of prices. 1 " '.' ,
Kvery effort has been made during
the past 10 days by some of. the buyers,
who were aided by other newspapers,
to beat down the price of turkeys to
producera but this, has proven unsuc
cessful up to this time because proper
quotations were printed In this paper and
not those supplied , by dealers, who
wanted to buy. , . ' " ... .
Indications are that there will be no
decline in the price of turkeys: this
being forecast by the heavy, buying at
very high" prices at country shipping
points.
Still another effort has. beet) made by
northern. markets to bluff the producers
here into selling at low prVes by the
report that cold storage- turkeys were
being; brought from Texas by the car
load. A years ago this same report
was spread, but at that time no con
siderable amount of turkeys had been
brought from the Lone Star state, and
this year the same, story is likely be
ing used to get down the' Ideas of the
uregon traae.
California was buying all the turkeys
It could secure ln southern Oregon this
week at high prices, and the same was
true of other centers operating In that
new. .
Tij ThoniAfl C. Shotwell.
(1 learnt New BerTloe.)
Npw York. Nov. 20. Anticipation of
a rather poor bank statement and an
nouncement that the government had
won the preliminary trial in us sun 10
force dissolution of the Standard un
company caused heavy selling or siucm
in the last hour of trading today, in
the early morning the copper shares
were strong unaer uie leauersiup m
SmelterB and Utah copper. tjonson-
Htod as and Heading also maue new
high records for the moment
When the Standard OH decision was
announced the market was attacked by
professionals. The Interests responsi
ble for the copper deal were anxious to
buv more of the gilt-edged rnetal stocks
and stood away unin juwi ueime um
close. Then they came to the rescue
and the day ended In the midst of a
strong rally.
The bank statement proved somewhat
disappointing, but it is not a matter of
importance, because all well informed
bankers know that money troubles are
ending for this year with the single
exception of one little flurry that may
result when the Bank of Kngland finds
ltelf compelled to finance the British
government over an election.
The Standard Oil decision cannot be
compared with the Landls decision in
any sense. It does not involve anjf
great loss of property and will not mean
anything more than a reorganization of
the great trust.
The Hawley combination and the big
copper combine both differ from Stan
dard Oil. ...
The number of shares of stocks sold
today was 683,662 against 458,127 a year
ago.
Par value of bonds sold was $1,573,000
against 12,224,000 last year.
VIOLENT FLURRY AFTER DECISION
TO DISSOLVE STANDARD OIL
ALL IVIRE COMPANIES
UNDER SINGLE HEAD
,
Indications Point to Ariial
ganiation of All Fhone,
Cable and Telegraph.
(United Pre Leased Wire)
New York. Nov. 20. Sensational price
movements and important new develop
ments divided Interest In the stock mar
ket durinar the week lust ended, accord
ing to the Wall Street Summary. The
most far-reaching importance will ul
timately be attached to the aoquisition
of virtual control of the Western Union
Telegraph company by the American
Tttlnnhnnn Telesrranh company.
Beneath tue surruce uie inuicauons
? 11 Jlytnan 11. Cohen. ,
Toulon tnekvards. StOckdule. NoV. 20,
Mtufr that could b called top sold
t higher priees In tlw stockyards dur
ing the pat week, and In practically
vry line demand for beat quality was
better" at ths higher prices man suppiy
could take car, of.
Among tbe lines principally rreciea
bv the increasing demand, were csttls
and hoga. but this should noi vm
to InUlcule any laxity in the call for
sheep. 1
Timi. vt. hack their shipment
when tha market was overburdened and
sent them In this week were rewarded
for their patience by cattle buyers dur
ing the oast week. Kales of toppy
steers wrere made as high as .oo, anu
It has been Intimated by the trade that
tuff nnulrf h arooil enoutfh to bring
an additional 10c per hundred pounds
during the period. ' -
fauur itooa stair whm rw..
Hut little real good cattle came for
ward into the . Rtockdale pens during
the past six days. but. What real good
stuff was offering found no lack of
encouraging demand. When steers sold
at 14 65 the trade was . not surprised,
for this had been expected.
Portland cattle markets Importance
Is growing broader each day. Several
new firms have been organised In tns
ainrkvani. to take care of the Increas
ing demand duqing recent weeks. Port
land stockyards now Has representatives
for practically all Uie big packers of
the Pacific coast, frsm Ban Francisco
to British. Columbia. '
Batter Stuff BSHUf DUIM ror.
With the growing importance of ths
Union Stockyards as a uistriDuung ;
t. inr on t tin. eomea an increasing Call
for a better class of cattle. The blrger
the market th greater is the want of
the trade for real good quality. vvneij
Portland Stockyards was a very small
institution and catered mainly for the
trade of one pr two butchers, there was
nn v limited demand ror real rancy
cattle and therefore feeders did not find
It profitable to supply the market with
better stuff than it was willing to pay
suitable prices for.
Now with an ever Increasing demand
for irrmt stuff something better than
the general run some of the leading
ruiorn am hfpinninir to I urn oui as
good a grade of cattle as can do rounu
in any part or me wona.
Cows BU UP to B3.7S,
Cow Mold as high as 13.76 in the
Stockdale yards during the week, and
at that price receivers of toppy stuff
found no riirr cultv In securing nuyers.
Whlln the a-oncral run of od cows did
not bring above i;i.tfi, sun me stun
that sold at the latter ngure was nor
worth anv more. The 13.76 cows were
better and therefore demanded more.
Market for calveB showed very good
tone during the week, but there were
onlv limited arrivals and few that came
week's transactions In' th ysrdg nt'
Indicate demand, supplies and quality
offering :
. , BTEEIHS,
' Average f,bs.
41 Steers 1318
14 Sters JI7
1 lr (To
II steers ...,.,,,,,, 77,
- 1 steers 881
1 steer. mo
It at sera
16 ilMri
1 steers
6 steers
1 ateer
4 atirs
S5 steers
26 steers
1210
11(6
1161
;o
810
4
1211
1073
FRONT 8 iKEEI QUOTATIONS
HotS, Wol sad K10M.
'' HOPS 1908 crop, 'choice, ITc; prims
to choice. l(c; prims. l!Hc; medium,
J5c; 1809 choice, 23c; prime. 22c; me
: dium, 20c,
WOOL 1(09, Willamette valley. 20O
14c; eastern Oregon, 20 18c.
SHEEPSKINS Shearing. 1O02BO
-each; short wool. 26960c: medium
wool, 60c $1 each; long wool. 76c 0
1 11.25 each.
TAIJ-OW Prime, oer lb. 204c: No.
2 and rrease, 2IHc
CHITTIM BARK -Nominal, 44c.
WOHA1B 190. 23 G 24c lb.
' HIDES Dry hides. 1718Hc IJ:
green. 410c lb: bulls, green salt.
7c lb; kips, 1010Hc; c&lvee. green,
; - i618c per lb.
: Batter, Eggs and PovJtry.
' KGGS Lrfcal, candled, select, 42
42Hs; ordinary run, 40 42c: seconds,
82c; local storage, S2H16c; eastern
storage, 32aoc.
BUTTER FAT Delivery to.!. Port
land Sweet cream, 14Vc; sour, 12 He
BUTTER Extra creamery. S6c; fan
cy. 3415c: store, 21 Ho.
CHEE8E-l'ancj rull cream flats. 18c;
triplets and daisies, 18c; Young Amer
icas. 19c
WILD GAME Large ducks, 76c
11.80 pair: teal, 12.60 dozen.
POULTRY Mixed chickens, 13c;
fancy- hen. 14c; roosters, old, 10
tfllci springs, 14 Vic; geese. lOo; ducks,
J6c: turkeys, alive, 17fftl7Vc; dressed,
If 022 Vic; pigeons, smiabs. 1 per dox.;
dressed chickens. HViWlSc; wild geese.
If per dozen.
Oraln. Flour and Kay.
B AS LEY Producers' price 190
Fend. 226.75; roUfd. 130: brewing. 126.6a
WHEAT Track Club, t7 f 9lc; blue
stem, 11.081 09; red. 11.06 1.07; forty
fold, 11.0 1.02; Turkey red, 97 98c;
Willamette vlley. 98c.
MiLLBTUFKS (telling price Bran.
i:; middling. 133: short. 126
27. 60;- chop. :2lu-S: alfitlfa mt-al, 1
per ton.
FLOUR New crop. pn.(-nt, JSSOSr
fi.70;: straight. 14 00j 5.3d: bakern. 15 50
hi D.i if : v uiamette vaiifv. is.. 31 roi.; ex
port grade. 14.2S; graham.. (4 . 15; whole
wbut, 15.20; rye. So. ttM; hale. 13.00.
HAY -Producer price New timothy.
tVlllamett valley fancy. 118; ordi
rary. 117; eastert; Oregon. 128; mixed.
114016; clover No. 1. 114915: wheat.
1144-'16; rhea-t, !lt?l: alfalfa. 116.
OATS Spot delivery, new, producers'
prlo Trsck Na 1 white. 129.603 20;
gray. l:.tft29.
CORN Whl. 11: rnrked tf" to.v
tValts a&a TtpUMN,
FRESH FRCITH Oranirp: Nw na
vrl. It ISr VaietM-iaa. II (Mr ITS box;
Unanat, 6e li.; Imfm, litii l-ox.
grav-frylt, 14; pear. Ittcetl.li; Tokay
grapoa, ftcii.l5; Concords, 12 016c;
hu k ibrrl, lie
AjTATOEH fining. iw 11; buy
t"t. eastern Multnomati and Clackamaa,
tso, Uliiamett valley, 6Sc
tiSlON'S Jobbing. 11.16 per ct;
rlif, Iv4l2c Pr Ibw
PPLKeW I (.(.
VMKTAPLEl t. w rwratpa. Own,
ae ': bets II 16- rarrvta.
esii-k; eabb. lovl. 71 (: toma
"st fancy. 11 21 crf; ban ic
per.rs: rauHflowee, Tt a "e pr 4cnt-n:
t 1M r-er la ; Krrlh. !:
1 do : pmi lc lb .
I 4 tfrr d'ML; kotfeowae, 11 16
t- i- rad'.Nea. 1 5a burx-fie : ct J
4. . ti ot ; m t p rt, 110 L16 srat;
4r rts. rtw frtss -
f lB-. lrS; pwoer.J. lift;
t or Mrrr. HH. ry graaa.s'ed,
I. i .f a. I.k:. .itra K. i :
-a J l:i; I 1111
per ton: 60s. 19.60: table dairy. 60s.
118.50; 100s, ll; bales. 12.25. extra fine
barrels, zs, 6s and 10s. 14.600 5.50; lump
rock, 120.60 per ton.
HONEY New. 18e per lb.
RICE Imperial Japan No. 1. 6 He;
No. 2. 5 tic; New Orleans nead. 607c;
1. 0
large
$5.76;
Creole,
BEANS Small white. $6.E0;
white, 4.60: pink, 14. 2S; bayou.
Limai, xs.ou; reds. 17.00.
Meats, rish and Proviaions.
DRESSED MEATS front street
hogs, fancy, 9 He; ordinary. 9c;
veals, extra, 10Hllc; ordinary. lOVic;
heavy, 7c; mutton, 7c; lambs, 7c
HAMS, BACON. ETC. Portland pack
(local) ham. 17 He; breaktast acon,
lSV427o: boiled ham. 2602Cc: tlc-
nlcs, 14c; cottage roll, 15u regular
short clears, smoked. 16 Vic; backs,
smoked, 16 Vic; pickled tongues. 6O0
each.'
LOCAL LARD Ketfik Jear, 106,
17Vic per lb.; 6s. 17c per lb.; 60 lb.
tins, 17c per lb.; steam rendered, 10s
16V4c per lb.: 6s. 16Hc per lb.; com
pound. 10s 11 Uc per ID.
CLAMS Hardshell, per box 12.40;
razor clams, 12 box.
FISH Rock cod. 10c lb.: flounders.
fie lb., halibut. 7 He lb.; Striped bass,
15c lb.: catfish. 10c lb.: salmon, steel
head, 8 Vic lb.; silvers, 8c lb; fall
aalmon. 60. lb' . sole. 6c lb.:
shrimps, 12 Vie lb; perch So lb; torn. cod,
8c per lb; lobsters, 860 per lb.; fresh
mackerel. ( ) per lb.: crawfish. 23o per
dox,; sturgeon, 12 He per lbi; black baas,
20c per lb.; Columbia smtlts, ) par
tv; silver smelts. 6Vic per lb.; black cod.
7M.P per ID.; crabs, uri.tu per dos.
OYSTERS 8boalwater bay. per gal
Ion. 12.25; per 100 lb sack, 16; Olympla,
per gallon. 12.76; per 100 lb. sack, 17
7.50; canned eastern, 65c can. 16.50 doz.;
eastern in sneu, ihv per iuu.
Paints, Ooai Oil. Bto.
BENZINE degrees, cases, 19c par
gal.; iron bbia, 11 ho per gal.
LINSEED OIL Raw, bbls., 72c;
cases, 78c; boiled, bbls., 75c; cases, 80c;
per gallon lots of 260 gallons, lc less;
oil can meat, til ton.
ROPE Manila. 8c: sisal.' 7 Vic
TURPENTINE In cases. 7c per gal
WHITE LEAD Ton lota. lio per
lb.; 600 lb. lots, Sc per lb.; less lots.
Ve per lb.
COAL OIL Pearl, astral and star, 1 9c
rer gallon; eocene. 22c gallon; ejalne,
c gallon; headlight. 19 Vie gallon; extra
gauon; wawi wnua. iiftx
special water white.
star. Zlc
16 Vic per gallon
lac gallon.
GASOLINE Red crown and motor,
l21c gallon: 8 gasoline. 10Q17ViJ
gallon; V. M. P. naphtha. 12ViOc
gallon; engine distillate. 94? lie gallon.
HOSTOX CXJPPER MARKET
(Furnished by Overbeck s Cooke Co.)
Hton. Nov. 10. Official bid prices:
6Vi
61
4Vi
12
69
Ike: hut t rr t. 8c; ,
n a kasla
. .r l mri ra 1
Adventure .
Allnues
Arcadian ..
Atlantic ...
Hlk. Mt. ...
How. fora .
Hutte t'oal.
Cal. at Artx
CTiteT)ria! .
Cop. Ml
("op. Ksr
lu't Butt
Franklin
fStrrrox
rren-Caa.
;rssbr . ..
i Royals
tttejt I . ,
Mim. Mta.
VI twrr
W ;)! ..
M ..
Crt,
Newhous
Nlpplsalng .
No. Butts . .
Old Colony
Old Dom. .
17Vi)Oicola
izvijrrrott ....
17 V iVulncy ....
Santa F ..
11 Shannon ...
1 !up st Rnsi.
lViTenn. C"p.
9HrrTamarack ..
llS Trlntfy . ,
1W Isited Cop.
14
. lH
.
. 86 A
. 64
.161 A
. 21
. IT
. 2
. 1H
. 16
.-49
. T
. 11
11, r, c. oft. it
. UViU a sVnelt...
.14 A I taa M a . 49 A
. 2 f'taa t'Ofia i, 4V
. 17Mctorla ....... lit
. T A, Wolverine
. S K!y (L .... i
. ily Out. .... 1
. 2 VI
Piihiiat.rii' Fivn Leased Wire.)
N York. Nov. 20. A violent flurry
which carried issues down from one to
two points hit the stock mantel toaay
after the announcement 01 juus
born's decision dissolving the Standard
Oil company of . New Jersey rendered at
St. Louis in the Eighth judicial district
h. united States circuit court. It
was a repetition of the decline which
followed the decision of Judge Landi
In Chicago when hd imposed the great
129 000,000 fine upon the Standard some
rew years ago.
Up until the information was flashed
over tne wires in " "-j
1 ir .ll.tflinMI I II M fllKIl SHU
trennth' of yesterday. Then came the
deluge. Reading declined t points, ateei
common broke 2 points. Amalgamated
Copper fell 2 points and all or tne
other leading issues trooped downward
1 2 and 3 points. It was being noted
that those securities, accredited with
the financial support of the Standard
fell further.
. Th. entire list was under pressure
up until the closing hours. The market
had opened somewhat irregular. Con
ho..h nm hearan . Its upward trend
and Reading, after a 94 loss, started to
climb. ,. .
The copper securities wero ratij
otooriv TTtnh Conner being the feature
of the group and advancing a point to
63. American Smelting also rose
nnin. 1. th. first IK minutes.
Canadian Pacific proved the strongest
, v. a ir.iarn.Hnna 1 stocks advancing
1 point. The room was discussing the
proposed advance in tne price 01 i
f t,rot. on tho train was lost. Read'
ing began to sag. Tennessee Copper
had advanced 2 points and American
Smelting had pusnea upwara pum .
C3,aal waa hnlilltlir SKtrOnflT and tDO rdll-
road; securities were moving briskly
..An h. nmah mm. Brokers exeited-
rushed through tne room, iwnuiiug
r it a r-i Okj-t Tnrnnirn
Ka 41 iul rf Bol llnir . order. The ticker
ground out its ceaseless tale bearing
the gist or tne saniwrn ueu.aiui..
Tf h standard Oil decision had come
upon a common trading day-instead of
Saturday, the market would probably
have sagged to a level twice as low as
resulted today. (Tom tne-, uri iyu
.ha market hamma n mart of profes
sional selling. Every Issue, accreaiiea-
with either direct or indirect connection
with the Standard sagged ana oecuiwu.
Union Pacific was one or tne weak
est securities on tne list ana fre'
blocks were thrown in for sale. Rock
Talon A Ikhiip were weak on the report
of a holding company to take over the
Mawlev Interests. Krte was heavy and
there was profit taking on the slightest
h,.i.. Th market closed weak. Gov
ernment bonds were unchanged; raUroad
and others were strong.
INTERIOR WHEAT BUYERS PAY A
HIGHER PRICE FOR THE BLUESTEM
Journal's Crop Report.
Heavy showers were shown at
all Pacific northwest wheat cen-
4 ters during the week Just passed.
4 The recent cold snap had no ef-
4 feet whatever upon the fall sown
4 grain, for where the weather was
4) coldest sufficient snow covered
4 the grain to keep it from danger.
4 As soon as the weather clears
4 winter sowing will be resumed
4 at interior points.
4 4
By Hrman H. Cohen.
Considerable excitenrent was shown in
the wheat markets of the week. Prices
advanced from 1 to 2c a bushel almost
dally, and at the close of the week th;
trade was so full of rumors It wss hard
to say Just where the market stood.
Bluestem wneai, pnin.-i" j -"
ing the brunt of the demand, and in
terior advices were to the effect that
as high as 21.12 had been paid for mill
ins- grade at the close of the week, al
though nothing above 21.10 a bushel
could be confirmed.
In an Interview with The Journal this
week, Theodore B. Wilcox, president of
the Portland Flouring Mills company,
said that present price for bluestem
wheat was not high, neither was It low.
Mr. Wilcox made the statement in this
paper some weeks ago that wheat would
ell higher, and as th higher point has
already been reached, the Interview of
the wheat king will nave much weight
In causing growers to decide whether to
hold or sell their product.
While exporter were quite liberal
buyers of wheat during the week. It Is
not believed that much of the grain will
go abroad, but will be resold to millers
at other centers. .
Oats market ruled firmer and higher
during the week, although business was
not active. A few small sales of No. 1
white were reported at Interior W 11 lam
ent valley point at 130 a ton basis
Portland delivery.
Statement of
N. Y.. Banks
,f,,j:.'t. !,! l T
New Tork. Nov. 20. The statement
of the assoclsted banks today shows
th following changes: -
Rrerve on all deposits. Increase 12,-
19.776.
Loans, decrease izi.w.f.,
Itpeda. decrease !.&. MS
L.al tenders, decrease 1121,1041.
Iwpotts. decrease izi.rt.vvv.
Total loasa. 11.1S4.691.499
urpla of tr banks. 119.921.910. as
arainat 1111.91.116 lat .rear aM a
deficit two years ago sf 116.914i.269.
Crop Looks (Jood.
' Brownsrtll. Orw Jtw 7 CW are
inoklrg ftr l this soctton. The rata
r beri cf snsch baf fit to ths fall
-rtft an4 the arrncukd tvow taaraughty
sr k -A wtlb t.r m r-rent irdi-
r' ful1 thlrfc tt-at It
t fr d-rfc t,a fvr tfce grosr.d
to get as dry and parrhsd ma ft wag
during the summer. Thus far this has
boen an extremely warm falL Fromt
appeared for the first tlm this week.
Tomato tops also potato tops" wars
green until this frost cam. - Water
melons were on tb market until re
cently. Strawberries -mr ripening now
In this vicinity. Some were on exhibi
tion in the Brownsville Times of fls
last week.
New Tork Cotton Market. -(Furnished
by .Overt- Cooks Co.)
New Tor. Nov. 2S. Cotton market
was active but g t IS points lower In
th principal options. fUles. 2 a. 99
bsl.
Official Driro'
Cpea. High. Lw.
Jan. 14il 1465 1462
fau
March
April
My
Jnn
Aug.
t. ,
N rrv.
.: 14lv 1491
iiii iiii
.... .1414
... JS
... 124S
17
14J4
liS
12i
1477
1494
t4i
Hit
J2
liti
mt i;t it:i
Cl'.
14I.5WIT
14lf l
i4i n
14. 4 1:
4?
149 j 92
1 4Htr
ij' :
1 ?4T '? ?
l ' ? "t I '
are strong that the step will ultimately I forward were of proper quality to bring
ifnuii iu pmniig icicimuim, nrirBi(.u 1 Wtftiii Bignc r tne top price quuieu.
and cable service under practically one I jjany more calves could be easily taken
management, permitting economy in 1 care of by tne livestock trade without
operation iar greamr uwu 1 jn any way Influencing prices,
known in th past . . wOB. Market Ooes 'to 83.10.
Another important new development 1 ,-,, ", ,a 1n
wa the announcement of a 300 per cent .. R . W.lh?f? o'dJ"P..,0 A8-1" Ln
llvlrl..n,l Viv VVpIIh Fnrirrt A Co Tha I me BtoCKaaie mariwi uuriug nits warn
wJk EaJ without anv imnortant an- week and a number of sales were made
Scenf inward11" aXements at that price, More swine could have been
for unifying, copper production and in- mwed M tne top ,r tney nad peen orrerea
terests. The coppers were strong
throughout the week. The general ton
throughout the week was bullish, but
the announcement of the decision in
the government's case against the
Standard Oil of New Jersey at St. Louis
Bhortlv before the close brought about
a general selling . movement and slump-
in prices inrougn an tne -usi.
Range of New York prices furnished
by OverbecK, looae et tjo.:
DESCRIPTION.
Amal. Cop. Co..
Am. C. & F., c.
Am. C. & F., p.
Am. Cot. OH, c.
Am. Loco., c...
Am. Sugar, o. . .
Am. Smelt., c. . .
Am. Smelt, o. . .
Anaconda jo. tu
Am. Woolen, c
Atchison, c...
Atchison, p. . . .
B. & O., c
B. & O., p
B. R. T...
Can Pacific, c.
Cen. Leather, c.
Cen. Leather, p
C. & Q. W., c...
C M. A S. P.. ..
C. & N. W.t c.
Ches. & Ohio...
CoL F. & I., c...
Col. Southern, o
do Zd pfd....
do 1st pfd. . .d
Corn Products, c.
do pfd.-
Del. & Hudson. .
Den. & Rio G., c.
do pfd. . .
Erie, c. ....
do 1st vfd
Great N.. pfd
Illinois Central. .
Int. Metro, c. . .
do pfd.
Louis. & Nash..
Manhattan R. . .
M., K, A T., o..
do Pld.
Distillers
Ore Lands
Mo. Pacific . . .
National Lead..
N. Y. Central .
N. Y.. O. A W.
N. W.. c
do pfd
N. American ...
N. P.. c
M. S. Co....
Penn. Rv. .....
P. Q.. L. A C. Co.;
8. C c.......
do ptd. .......
Reading, c .....
R. L a. C...
do pfd. ......
Rock Island, c.
do efd.
St. L A S. F.. 2d p
do 1st pfd. . . .
St. L. A S. W., c
do pfd.
So. Pacluc. C. . .
Southern Ry c
-do Vti ..... ,
Tex. A Pacific.
, tt L, a W. q
do pfd ......
Cnloa Pacific, C
5
if
tr
95
74
118H
62
rib
102
118
63
120
78
178 V.
47
20U
167
183
88
61
67
1
22 ii
95J
74
120
62
1Z5
105V4
63
do efd.....
C. S- Rubber, c.
do rid
V. ft. Steel Co- 4
do pfd
WsoaiD, c ....
do vfi
W. V. Telegraph -
Wis. Central, c. .
do rM .......
Westinghousa ..
FWt Sugar .....
tah .prT ...
Tird AveauS .
Cons. O ...
. rnur .......
jr tprTWg 7(
00 rfd
lr CNniical ..
$ rf4
n. Car
189
47
84
13
"ii"
142H
147
23 Vx
6
1544
66"!
37'
81
72
89
11Z
48
96
144
45
131
11
64
119
48
10
19
79
M I
ii"
72
110
II
79
11
(4
120
117
78
178
47
20
167
183
88
62
67
22
189
48
84
33
49
143
147
23
68
162
60
27
81
78
91
111
48
95
146
46
111
116
64
171
48
109
4H
79
119
'2
126
102
112
61
119
11
78
6)0
177
47
29
166
183
87
61
t(
22
188
47
84
33
48
141
147
22
66
163
48
''
81
71
19
112
41
96
144
41
112
114
61
lt
47
10
19
79
6 i
93
74
119
69
2Vi
12S
102
113
62
34
119
104
116
91
78
204
104
64
99
11 11
711 72
U0fl2l
11
79
16
14
11
7
IF
294202
194 lfil
I 93
177
47
108
20
155
183
88
61
66
79
80
22
so
188
47
84
83
29
48
143
147
.22
66
ll
14)0
48
74
86
80
70
89
112
47
95
81
79
144
43 V
133
114
1W
109
1
47
101
39
79
H
99
31
72
129
31
9
25
64
202
if
62
. .1119
94 89 99
!!2ll!l2ljl26
that came forward were of fancy qua!
ity, and prices in the main did not
range bevond 18." Considering the price
of good hogs, values are not very high
on poor quality. Butchers are discrim
inating against the poor stuff with the
hope of forcing producers to send for
ward a better grade of hogs. That they
are willing to pay a very good price
for the improvement in quality is Bhown
by their purchases during the week.
Run of hogs during the six days was
quite heavy,, but prices held firm des
pite this. In the east there was an in
clination toward lower prices during
the week.
Sheep Supply Is Scant-
While In; comparison with th pre
vious week, there was a good run of
sheep and lambs in the 'yards during
the week, still the total number of
head that arrived was very limited. Be
cause of the recent absence of sheep
from the market, trade here is shewing
slightly improved tone, and for A-l
stuff values are practically 25c higher
than those of last weeJt.
Past week's run of livestock compares
with -the same period in? recent years.
as follows:
Hogs.
1909 i..39
1908 ....2935
1907 737
1906 1000
ions 694
For the week, comparing to the past
one, there wss a firmer tone in cattle a
year ago, and general prices w.r soc
higher: sheep were firm but unchanged.
while Jiogs were wean, zoo tower..
Yards' Beprssentatlve 2?rioes.
Following are representative of the
COWS.
1144
,M104
1011
9
1046
1141
906
901
1098
1011
1026
1100
974
951
840
1091
979
1011
1011
1024
1069
BV3
1027
1020
1002
4 AAA
.............. 1011
1044
973
98
1007
989
981
995
990
1027
978
982
993
981
.... iwiu
.... 1007
26 cows 1037
26 cows iuu
26 cows 1020
26 cows
26 cows
I sows
2 cows
24 cows
4 cows
I rows
cows
'21 cows
22 cows
28 cows
1 cow
27 cows
It cows
1 cow
24 cows
27 cows
27 cows
26 cows
22 cows
21 cows
28 cows
27 cows
28 cows
25 cows
25 cows
26 cows
26 cows
26 cows
25 cows
25 cows
22 oows
28 cows
25 cows
28 cows '
19 cows
24 cows
21 csws
22 cows
24 cows
26 cows
26 co
........,
..............
..............
..............
.... .....,
. . , ,
t . . .
22 cows '
26 cows .
2 calves
2 calves '
22 calves
48 calves
41 calves
27 calves
"'calves.'
BULLS.
1 bull ..
1 bull ..
1 hull ..t
2 bulls 1380
1087
951
590
808
289
406
270
403
1456
1480 1
1360
1 bull
1 bull .
200 sheep
48 hogs
88 hogs ,
100 hogs
1 nogs
89 hogs .
78 hogs .
SHEEP.
"hogs."
1500
1260
183
178
267
19
220
224
246
Price.
f45
4 15
lit
. -1.16
. I.H
A .15
4.60
4 66
4 60
4.00
, 160
' 1.60
4.19 1.31
. IJM
1.16
1.26
1.40
. 2.76
8.60.
a.za
1.00
I.6U
1.60
1.10
3.26
. 3.1S
S.8S
1.16
1.60
160
3.60
' a 60
i:to.
'3.40
8.60
1.60
3.60
1.26
I.25
2.2 T
8.25
3.25
3.26
2.26
3.26
8.25 '
3.35
3.25
3.25
2.26
- 3.15
3.25
1 40
3.40
3.46
S.40
1.40
2.66
3.40
3.40
14.25
6.25
6.25
4.75 .
6.26
4.00
15.25
2.25
2.50
2.60
2.50
2.75
14.00
$7
Til
8Jo
8.10
8.10
8.00
1 stag
92 hogs
107 hogs
117 hogs
178 hogs
Cattle.
2155
1098
6 1 2
808
8?i
Sheep.
1042
zn
1671
794
3483
ITeavier Turkey Shipments.
ISpeeUl ntspatcfe to Tne Jnaraal.t - -Oakland.
Or., Nov. 20. Thanksgiving
turkey shipments are heaviar than an
ticipated. Express shipments from Oak
land today and .tomorrow will be 5100
birds, aggregating 69,000 pounds. One
carload goes to San Francisco and one
carload to Portland. .
Over beck &
Cooke Co
, . ' ......
r' - . . , .......
Commission Merchants
Stocks, Boids
Cotton, Grain, Etc. -
216-217
Board of Trade Bail ding
JTembere Chicago Boara of Trade.
Corrpondnt of Logan A Bryan.
Chlesgo. New- Tork. Boston.',
- . "
W ttavs the snly prt vats wlrs
sooBectlng Portland with ike
asters exchanges.
STAGS.
1430
1 stag 170
HOGS.
241
290
193
196
07 hnira 194
90 hogs ?17
87 hog 19
83 hogs 187
115 hogs "J
42 nogs i
41 hogs 223
15 hogs 11
58 hogs 228
80 hogs 220
78 hogs 262
89 hogs 217
48 hogs 26r
2 hov 239
98 hogs 219
85 hogs 212
84 hogs 186
T nogs ; ioi
64 hogs 207
163 hogs . 214
76 hogs 233
30 hogs J50
82 hogs 238
84 hogs 223
88 hogs 242
89 hogs 210
Ins hnr 198
The following; is the general range of
livestock values in ths yards-. ' ;
CATTLE Best steers, weighing 1200
pounds, 14.504.65; medium steers,
14.2544.40; best cows, tl.01.76; best
heifers, 23.75; bulls, $1.757.25; stags,
12.50 8.00. .
HOGS Best east of the mountains,
8.058.10; Willamette valley, best.
!7.758.O0; stockers, 16.606.00; pigs.
16.007.00.
SHEEP Best wethers, $4.60; ordi
nary, r4.004.25: spring lambs, $6.25;
straight. ewes, $3.60 4.00; mixed lots,
C AL VES Bes t, $5.00B.16 wdinary,
13.50t4.60. - .
$2.25
1.40
$8.10
7.95
7.95
7.85
7.75
8.00
7.96
7.95
7.95
8.00
7.85
6.75
8.05
8.00
8.10
8.00
8.10
8.10
7.85
8.10
7.50
7.76
7.80
8.00
8.10
7.60
8.05
7.80
8.05
8.00
8.00
2l ! 29WI 20".
61 61 Jf 62 62
9 69 ',t 79
69-
99 '
81 14 66 i
47 4 4V
41 97 (2 64
19 19 1W ItW
141, 149. 146 144
I 77
(t tii i! m
.. 17H
( 4t
. '177
II f 11 MS! 14.
rf. 4. i. 4
r 4 '.! -i i'. "l 'ii' 4 ' ?
Hon. r" ! IT ' T t; j 47
TEIi L'ILU0;i DOLURS
PROFIT EVERY UOHTII
X twiag swS Vy tM wto law is tks
Ittml I v mt rltfc 0-i
fifty 4Mlan tpmrni ag fkis pu ss
rm rA iiiag iaa.
y-rr-1 lw-r la r- rg tm ha mt
BVS li-g faXLTiO raaMt3Mtal
rkf , fm mt s fkty
-ntmmrm- w5 aar 4P ,
l.a rr tr-Wtary v.iii mt mm mt -mm
ar-tl mu-m, mmf
avr rml iim mmm hi -w rwMr.
tixt t-r MP. 4Ttal 4a W
f :i rrrrrrrs frm.TT cm.'
j v., s . i... . j .n't., a. 1
litiilitbic
PAVEMENT
Brings
Satisfaction
Airo ssarsAirozs ttcb TAi.tni
or iiitttjo rionr,TT
scojvm this Airr . otxxb
-..t.. lfAYZltSiIV ;.
BECAUSE
Zt is dttrabla, asrs cracks, snskss .
bo nslss or rumble gross pasalng
Tshlclss, eollsous bs ns or saad.
Sfartaamoro, It glvos a ml (oet.
bold los korsss. AstsnosllM will
mot skid. -. t ..
Warreii
Construction;
Company
IT 2TXCX 11BO,
ouu:
XOaTlVftJRI,
California Oil Dividends
Boy lKro4L 4ttrt6 - flag Call for
nla oil stocka Many of tnea llte
twk pay 1 and 1 per cent monthly
ilvldend. By fnirrhalng Itstad
etocka to can sU any day rr wlh.
Tf n Invest Isrg or small sums.
Wm wiil giadly teil yon about the
!e4 tPkai r any (rthet Califnmla
yil stork. We sre on hm ground
4 operating In sll th Callfomla oil
fli1a We ha41e rlv legltfrnat
proroettlOTt and larlts th S t thor
"igh tret1rtta. Write toJay for
it f 3lv It1 paying stark and
n-.r, whti-h we wfl SBd fr
X.!c? !rtrf ! Cos