11
THE OREGON DAILY JOURNAL. PORTLAND, TUESDAY EVENING. FEBRUARY 1. 19Ju.
.17iEST- NEWS IF WQEMD'S MASKETS
n
D
ETTERTONEIfl
EGG METIS
TRADE SURPRISE
Prices. Are, Ranging Between
31 and 32c Today and Are
. Steadier Than Last Week-
Receipts Are Moving. ''.'
i Ther la a slightly better feeling In
; the local egg market. '
Along I'roiit street today value are
ruling rmm jio 10 ji'c a aosen, wun
tali-sal both figures, - ;
Receipts are iulte fair, but th in
rem-. expected liaa hot a yet materiai-
1 jsca. Movement rrom iomminoii row
) better.. , City trad 1 taking prac
- th-allv all of the arrivals a thla lime
and imly a few shipments, are even be
lug iffeTl to th nutsldo.
Iniprot ement in the prlne and defnand
for cut I" a big surprise to the trade,
but thla is one of the kind of surprises
that the Front afreet merchanta like
to run against. Tottering valuea are not
tit t heir liking, for It not only causes
fhlpira to lone money and swear-that
Hoineono In "doing them." at tMa end, but
buyers hold back their purchases to an
extent that usually foree lower valuta.
' Olv Btorag Man Hop.
Tli better feeling In the local egg
.situation ha given the holders of stor
age mock renewed hope- and thejr ara
holdln (heir valuea mora uniform than
last wffk. Beat storage- atock la today
!elng quoted aa high as 24c ft dosen and
the movement at tfet figure la better
than when the market waa to or . So
lower. . r -. -
That stomge operators Intend to take
adxantnse f the present situation and
agnln place artlflelal valuea on th local
product ho that they can undersell them,
is a foregone conclusion. , ' . ,
DRESSED VEAL FIRM ;
i ; UT 13 CENTS POUND
PACKERS CARRY
OUT THREAT OF
KB PRICES
Put Price of Mess Pork 40c
Higher Today in Addition to
Rise of 30c Yesterday
Wheat Closes Up.
BUYERS GIVING
SNIPPERS icy '
HAND IN YARDS
Will Not Buy Until Lower Price
Prevails Say They Are Fol
Ipwing'ihe East Now Fail
to Give Advance.
U.P.A1S.P.
EARKSSU0I7
A NET DECREASE
Last Statement of. Lovett
Roads Surprise 4o Traders
Traction Shares Bumped
Real Hard.
i
RYADVCES
I
SAY T CENT IS
ADDED TO VHEA
T
Price in Umatilla County Said
to Be on Basis of $1.08 for
Club Track Portland Little
Business. . :'
t Dressed went market con
tinues to how lb highest price
received her In recent' years.
For, fancy veal tu demand at
(ho moment Is -fully , twice aa
good, ai supplies, even though
15c Is atlU 'being asked and ob
tained for fancy, with llvera at
tached. . ;
l Jiressrd hogs are showing
quite a fair movement at the
price quoted 1y. The Journal
rocently. . . V ' . .--
-CtTfeR SPECULATORS '
' HOLDING UP PRICES
Kutter market la still mixed with ur-
j iiis. supplies ami Deing pnea up ty
many makers. ,
Kverybiwly seems afraid to drop the
prica In fear that noma other creamery
"T'1H tenl -their shippers." However, thla
fw-mii the wore possible, thing that
i-ouhj . happen to shippers because even
though the price la being maintained at
the high point Just mow, supplies of
irepn Ktitter are accumulating and aoon
lhev will he an lihrrl as tn fnn
' pwater decline than tha present altua-
, tion wotlhl justify. :,
I Speeujatora In atorftie stork are re-
j Sponsible for'tho present high price of
uinier Here. . .
Chicago, Feb. 1. Wheat started
wrong but cloaed So to Tie a bushel
higher than yesterday. Corn market
cloaed higher.
Thora. was another booat In provla-
on prices and pork advanced. 0c today
n addition to the rlsa or 80o yesterday,
n lard there waa an advance of 10c, in
short rlba 12 C.
Wh!i it la stated that John Cudahy
la the principal booster at this time,
th belief Is general that tha entire
rrowd of big packer la behind the
narp riaa in provialons although there
as Deon no reaponae in tn hog market. !
Wheat had a short spell of weakness
t in oneninr due- to the Indifference
or foreign trade but the improved caRl
itnaima at nme tennea to oring ou
vine a neavy line or snort coverin
Ith tha rcauir that trad was bullls
and hlaher at the close.
Liverpool opened Hd ,0 Hd lower and
rinaea a Higher to 4d lower than yea
leifiay.
Cash wheat No. S red. tl.21.2X
No. 3 ' red. $l.oei.:8H; No. I hard
11.1214 Wl.H; No. J hard. 11.10!. 14
No. 1 northern Hprtng, 1.M Wtt 1.16 14
No. 8 Northern Spring, ll.ll 1.14 S
No. S Northern fiorlii. I1.101.1JU.
Corn No t common. 5; No. 2 white.
B7c; No. I yellow, evc; No, 3 corn
3Vie: No. I white. 644c: No. S yellow
634f63Uc: No. 4 oorn. 80Hc; No. 4 yel
low, WffHC
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Calvea. Hberp.
Tueaday Hi 444 7 ....
Monday 482 1317 24 414
Saturday $31 ' ."
Krlday ISO , o ', 4 4S4
Thurstlay .... 17 'SHS .. 144
Wednesday .. 41 1&4 - 17 14ll
Week ago..., 426 tit 63 266
Range of Chicago prices, furnished by
Overberk A f'onkn r urn n. n v !
WHEAT.
. Open. High. Low; Close.
July .,;.. 100 101 H looij 101HA
Stpt.
lay ......
J"iy
8cpt -
May
July ......
Sept.
May ......
July
May ......
July
May'
July ......
96 7H
CORN.
t
H H
CSV 66Vi
. OAT.
4H 4i.i
4J 43
40 4
PORK.
2147 2180
2140 2180
LARD.
1192 1207
1187 1205
- RIBS.
11112 1175
1169 1172
9S 97SA
z
66
'H
40vt
2140
2140
1187
1182
11B5
1157
1202
1202
1175
1170
. ELEPHANT ON FRUIT
. IS THE LATEST STUNT
California ornnre . Interests -are fol
lowing unique ideas: In advertising the
eale of their fruit.. Huge advertising
while -ffthers are taking divers methods
'of attracting trade. -'.LAtcfet Idea of a
California concern IS to paste a small
picture or an eiepnant on eacn orange,
thus advertising the brand.
IT.OXT STREET QCOTAnOXS.
, Hops, Wool aad Hldea.
1JOPB 1908 crop, choice. 16c: prime
to -choice,, 16c: prime, 15c; medium,
16cj 199, choice, 21 22o; prime, 20
21c: medium, 1619c.
PfllCEPSKINS Shearing, 1026o
ach: short wool. 2660c; medium
vool, 60c4iil;cn; long, wool, 760
eecb.
WOOJr Nominal. 1909. Willamette
Valley,-284 lie; eastern Oregon, 2023c.
H1DKS Dry hidea, 1718Vio lb.;
preen, Vi'fPlOic lb.; bulla, green salt,
?c lb.; kips, 10 10 Vie; calves, green,
l(f01Sc per lb. - v , , .
TALLOW Prime, .per .lb., 8 & to; No.
w z and ersase, ztH Z'.c. -
CHITTIM BAKKNomlnaLi 40 Vc.
Bultsr, ttgg and Prultry.
KtJG LocaU candled, select, S0tfD31c;
case'eirit, aOc; eastern storage, 18(i0c.
land Sweet cream, 37 c; sour, 35Vtc.
CJJEKSK Fcncy full cream, 1 8li to
19c; triplets and daisies, 18V4l9c;
rounsr America, ivfttvxuc. -liUTTKR
Extra creamery, 870 39c;
lancy. aiiwsic; store, anc.
POULTRY Mixed chickens. 17U fb
1 8c; fancy hejis, 18c; ; rooBters. ; ola,
J5Vc; geemv . 1415o i for live, ! 18o
dressed; duclOs, ?2V42c; turkeys, alive.
22c; dressed. 2728c! -pigeons, squabs,
$2.60f8.O0 , dor.en; dressed chickens,
jc o to a puuna ninaer tnan auve.
Oratn, Flour and Hay.
" teARLHK :r Producers' price 1909
feed, $:io; ' rolled, 133; brewing, 30.50.
W HIS AT Nominal Track, club, 21.06
1.07;. bluertem, 81. 161.17; red. 81.08
fii l.09: fortyfold. 81101.11; Willamette
valley Ji )'l.0.
M ILLSTUFFS Selling price Bran,
S27l .middlings.,-$34; shorts. 2728 60;
cnop, 8224i29; alfalfa roal -$21 per ton.
FLOUR New -crop. patents, 16.16;
straight, $4.906.05; bakers, $5.956.15:
Willamette valley, $5.80 hbt.; export
grades '.$4,60: graham, is, J5.70S.90;
rye. to 76; bales, 83.15.
. OATS Spot delivery, new, producers'
price Track No, 1 white. $3183;
gray. $8081. - . '
V- . . . . . V , vvw. ,,iaviv3u, 9 1 lull.
HAY Producers' price New timothy
Willamette valley, fancy. 220; ordinary,
$19: eastern Oregon, 2021: mixed.
816 50; clover" No. 1. $16.60016: wheat.
CHICKENS SELL-AT
18 CENTS A POUND; -HIGHEST
REACHED HERE
. .Live chickens are today selling
' at the highest price ever ob-
talned In the Portland market.
For ordinary sorts th wholesale '
' price along Front street today Is
4 18o a pound. Receipts are ex-
pected to Increase later In th
4 week, and may possibly affect
the present high value.
- -
Portland Union Btockyards, Stnckdale.
Feb. 1. Llveatock ahlppers will hold
their cattl for a few days In order to
keep them off .the market, la the An
nouncement mado by an official of th
stockyards today.
Juat how the shlnners are aolnr to
sell them when there is absolutely no
V. T. and S. T. Scras.
Decreased earnlnga wer
shown both In the Southern Pa
cific and Union Pacific systems
for the past month. Southern
Pacific shows m net decrease of
84190, while Union Pacific's de
crease is 1716,477 net.
$18017; cheat, 1617; alfalfa. 117.
Traits and Teff table.
FRESH FRUITS Oranares: New na
vels,. 82.252.76 box; bananaa. 66V4c
id.; lemons, i&.60ips.oo box; grapefruit.
t: pears, n.ao; grapes, 91.7s.
POTATOES Selllnar. new. ti.imni
$1.26; buying,, eastern Multnomah and
t'lacKsmaa, K086c; Willamette valley
I U ! I DC. " .
ONIONS Jobblna. 21.60 per cwt
garlic, 10 CP 12c per lb.
, APPLES $1.2603.60.
VEGETABLES New turnip's. $1.50
sack; , beets, $1.60; carrots, $1.26 per
sack; cabbage, $2.00 2.60 crate; toma
toes, xancy, r- crate; beam 12c per
lb.; cauliflower, $1.50 per crate; peas,
12c lb.: horseradish. 10c: creen onions.
io dozen; peppers, nen, id.; nead
lettuce, 20c doe.; hothouse, $1.26 box;
radishes doz. bunches: celery. $3.60
crate; egg plant, 16c lb.; sweet pota
toes, iz.26; sprouts, KitpDc; cucumbers,
J2.60 aosen.
OrooctUs, Hnts, I! to.
8UOAR Cube. $6.46: powdered. $6.06;
fruit or berry. $6.06; dry granulated.
$6.06; conf. A, $6.86; extra B, $6.36;
golden G, $5.46; D yellow, $6.36; beet,
15.85; barrels. 16o: half barrels. SOc:
boxes, 66c advance on sacic Daais.
" Above quotations are 80 days net
cash quotations.) ,
RICE Imperial japan No. 1. 6c;
No. 2, 64c; New Orleans head, V27c;
Creole, 6V4c.
SALT Coarse Half ground, 100s,
$11.00 per ton; 60s, $12.60; table dairy,
bOs. $18.60; 100s. 117.50; bales. 1 82.25;
extra fine barrels, 2s, 6s and 10s, $4.60
jp6.60; lump rock, $20.60 per ton.
HONEY New, 18 Vic per lb.
' BEANS Small white, $6.60; large
white, $4.60; pink, $4.86; bayou, $6.00;
Li mas, $6.00: reds, $8.00.
'. iiat, Pish and Provisions.
DRESSED m MEATS Front street
hogs, fancy, 11c; ordinary, 10Vc; veals,
extra, 12 Vic; ordinary, 12c.
HAMS. BACON. ETC. Hams. 17c:
nreaKiasi Dacon, igaoc: noued nam,
224j)24c; picnics, 14c; cottage roll, 15c;
regular short clears, smoked. 16Uc:
backs, smoked, 16 Vic; pickled tongues,
60c each.
hi A lu Kettle leaf. as. J7TSC per lb:
steam rendered, 6s, 16e per lb; com
pound. 6s, izic per id.
FISH Nominal kock cod. 10c:
flounders, 6c; halibut, 11c; striped
bans 16c: catfish, 10c: salmon, steel-
head, 10c; soles, 7c per lb.; shrimps,
12V.C Der lb. J perch. 7c per lb.: tomcod.
8c per, lb.; lobsters, 26c per lb.; fresh
mackerel ( ) per jd.; crawrisn, t )
demand at thla time is one of th
mysteries of the trade, and therefore
snippers can do naught but hold them
pvr.
In addition to the hug arrivals of
yesieroay aDout it more loads of cat
lie arrlv In this morning, 13 of them
hln rnn. U.k. L'.ll- r
Bayers Keep Hands Off Market.
It Is explained by some interests
that th present dullness and loss of
price In the cattle market her la dun
entirety to -the weaker feeling recently
in inn east, ana wiui present indica
tions of a better feeling there the local
market will do better after awhile. Juat
what the eastern market for cattle liaa
to do with Portland demand and prices
is not explained in any detail by those
who are Intent unon following everv
pacawaro movement or prices elsewhere,
but fall to look whan the pamt la mint.
mi mn advance.
Eastern cattle nrlcea have nnuirlit tn
... . . . : - ' :
00 wiui tne meal market, hut there la
not the faintest connection between the
two. Practically no cattle are shipped
irom nere to me east, and vice versa.
and. unlike th hoa- market. Portland
a independent of what the east rinea
when It comes to making cattle. quota-
IWIB.
JTo Drop In Trie of Meats.
Despite all this weakness and rle.
ellne in the local market for cattle.
here has not been the faintest ela-n
of lower prices for dressed meats
hose nut out bv killers who huv from
the stockyards. The public Is still pay
Ins: the same old record values for
dressed meats.
This. too. is explained awav bv a
representative of tha nackers, who
states that the meats now being of
fered by packers are from high-priced
cattle, and therefore If packers cut
values now thy would be losing money.
-in tms respect it is a notable ract
hat prices are booated practically everv
day on an advancing market, and steers
mat killers purchased at low prices
and were fed until the market reached
high value are never aold at the low
level.
Good Hog Bell at $8.90.
While a number of cars of hoaa
were received in the stockyards vester-
day, only one sal was made; Frank M.
Lacay. representative of the Carsten
Packing aempany. a Puget sound con
cern, took mat at 9.vv- locai buyers
did not even make an offer.
Today's run of livestock compares
with this day in recent veara as follows:
Hogs. Cattle. Sheep.
New Tork, Feb. 1. Whlle there was
considerable weakness In the traction
shares today, the statement of the
i.oveti roads showing decreased earn
ing In both the Union Pacific and
Southern Pacific, attracted considerable
attention from the trade and cauaod
some selling pressure.
Supporting orders of large volume were
given the Steel stocks and there wss
a substantial advance In both the com
mon and preferred Issues of the cor
poration during the day.
To add to the market's general hear-
tshness there was a further Increase
of 1726 tons In the visible buddIv of
i:iipper, tne total world s supply being
j in, bui tons.
Had It not been for the rirlaratlnn
of the regular quarterly dividend of
j per cent oy Hrooklyn Rapid Transit
today, that aefurltv would In all nrnh-
abllltv have suffered the same measure
of sellln- pressurn and loss as other
traction snares. Third avenue dropped
from 12V4 to 10 V4. while Interboro went
from 21 to 194 for th common anil
rrom 61 to 61 for the trt-eferred security
Market In general rinsed alla-htlv un
der the figures of yesterday. 1
Regular dividend was declared today
oy me directors or the Frnnnv vm i
ruin uun.
' Summary of Wall Street.
The Wall Street Journal says In its
nummary uiuay:
Americans In London heavy, t to H
below parity.
United States Rubber suhscrlntlnn
rights expire today.
annual meeting of American Pan tn.
day.
New York Central Is expected to make
settlement with its trainmen and con.
uctors.
L lilted Mine Workers' union votes for
10 per cent advance.
Steel trade in January fully un to ex
pectations of producers.
Kan way steel springs comnanv Is now
operating nine of Us 10 plants at full
capacity, but a dividend on the common
s uniikeiy Tor some months to come.
I'lUROurg Iron and ateel trade rallies
well after the, usual season of dullness.
Range of New York nrlcea furnlaheri
by Overbeck A Cooke Co.:
Description - j Openl Hlghl Low I" Nd
1910 243 444
1909 482 202
1908 100 66 108
1907.., 70
1906 32 90 256
1906 64 ... 1260
A year ago rbday there was a firm
tone in all lines of livestock, with no
cnange in prices.
Stookdal ZJTSitock Sales.
Following are' representative of late
transactlona at Stockdale and Indicate
demand, supplies and quality offering;:
Bi&Lna
A v. lbs. Price.
16 steers 1063 $4.4
cowa
21 cows 1061 $3.75
6 cows 870 3.00
6 cows 1080 3.26
CALVES.
2 calves 306 $6.00
BULLS.
1 bull 1S60 $3.1
1 bull 1100 2.6
1 bull 1600 2.60
HOGS.
109 hogs . . . 190 $8.90
SHEEP.
40 sheep 106 $5.26
Those Who Supply th Market.
R. A. Campbell was In from Sheri
dan. Or., with a load of hogs.
n. Richard had two cars of cattl
offering from Ontario. Or.
Kiddle Bros, had a load of hoga from
Union, two loads of cattle from La
Grande and one load of hoga from
imbler. or.
From Idaho Falls W. H. ' Harris
hlnned four loads of cattle. H. H.
Plank five loads of cattle and calves
nd J. 11. Thlrman four loads of cattle
today.
Today s range or livestock values:
CATTLE Best, $5.00; medium steers
A OA Heat enws 14 OA tanov linlfAra
$4.00 4.25: medium cows. $3.76: poor
cows, f.i.uu; Duns, 9z.6Uig13.16; stags,
HOuo Best east of the mountains.
8.859.00; fancy, $8.608.76; atockera,
i.uu; pigs, ss.uv.
SHEEP Best wethers, ib.oo: ord
nary, $6.60; spring lambs, $6.606.76;
traigm ewes. 96.269H&.6U: mixed lots.
15,60.
CALVES Best, $6.76 6.00; ordinary,
t.uuta't.;i3.
GOT ANY PIGS?
GOT ANY VEAL?
If they're fat and good send them
to Smith, lie wants them all. ..ith
never: charges ec.nmlsslon nor dray
.e. , Everything' weighed As soon
as it a. rive. f. H- will pay as fol-
lows: .
Fresh- ranch eggs market price.
Dressed veaL up to liO lbs., 12Vie;
lartre veal, less. '!.,
Drossnd pork, any lze, lie, '
Live hens, 16c. '
lirefiped hens. 17c ' .'
Live ducks.- 18c. ; : v .
lirenseit geeee, 15c. ; ,
l'r's:d . turkeys. 25c -- :
, A ddreas, v v"' v; .''
rS45K t. KaTXTH MX AT CO, '
"r.-tH'rr the Bef. Trust"
doz.: sturgeon. 12V4o per lb.: black bass
20c per lb.; - Columbia smelts, 7c per
it. ; silver smells, 7c per id.; oiaeic cod.
7 Vic per lb.; crabs, $1.2501.76 per
dozen.
CLAMS Hardshell,, per box, $2.60;
razor ciams, z oox.
OYSTERS- Shoal water bay, per gal
Ion, $2.25; per 100 lb, sack, $5; Olympla,
per gallon, S2.75; per 100 lb. sack, $7
7.60; canned eastern, 65c can, $6.50 dog.;
eastern in shell, 91.66 per 100.
Paints, Coal OIL Xto.
BENZINE 86 degrees, cases, 19d per
gal.; Iron bbls. 11 Vic per gal. '
junMjKiiLi uibKw. bole., ssc; cases.
sjo; ooiieo, opts., oc; cases, 5c;
per gallon lots of 250 gallons. lc less;
vi cttKe meat tnone in marketi.
ROPE--Manlla, 8c; aisal, 7Vc.
TURPENTINE In cases, 76o; bar
rels, 6c per gallon.
WHITE LEAD Ton lots. 7o per
lb.; 600 lb. lots, 80 per lb.; less lots.
8V4C per lb. -
COAL OIL Pearl, astral and" star, 15e
per gallon ;.ocene, 22c gallon; elalne,
28c gallon r headlight, 20Vic gallon; ex
tra star, 22c gallon-, water whit. 11 Vi
&H5V4C per aaJlon: sbeclal khu, .
15e gallon.. " X '
. "fl'uuinftr-eq i crown and motor,
l3e gaJlon: 86 gasoline. 8037tto
gallon; V, J4. & P..naptha. 1$ ft 20lc
gallon. -. . ; . - , - ..
, . " St, Louis Wheat Market; ; i
.'.f;.?'01;'.8' ' v'b 1,-Wheat close. May, i
$ 1.J1 Vi May-corn, 46 c. . .;, , .
Hogs Steady in East.
Chicago, Feb. 1. Hogs, 16,000: steady
at yuaterday's close: left over, 6800; re
ceipts year ago, 48.000; mixed, $8.15g
8.60; good, $S.40ro)8.57: rouh, $8.20
8.35: light. i8.058.40. Cattle. -4600:
market steady. Sheep, 12,000 market
strong.
Omaha, Feb. 1, Hogs, 6300; cattle,
3700; sheep, 3500.
Kansas City, Feb. L Hogs, 10,000;
cattle, 6000; sheep, 6000.
SEAM PRODUCE
PRICES FOR TODAY
A in. Copper Co. . .
Am. C. & F.. c. . .
Am. Cotton Oil, c
Am. ivoco., c...
Am. Sugar, c. . . .
Am. Smelt., c. . . .
do pfd
Anaconda M. Co.
Am. Woolen, c. 1 .
Atchison, c. . . , . .
B. & O., c
do pfd
Brooklyn R. T.. .
Canadian Pac., c
Cen. Leather, c.
00 pfd
C. & G. W., c...
C. M. & St P.. .
C. A N. W e...
Chcs. & Ohio . . .
Colo. F. &!....
Polo, Southern, o.
do 2d pfd. . . .
do 1st pfd. . . .
Del. & Hud
D. & R. G., c...
do pfd
Erie, c
do 2d pfd. . . .
do 1st nfd.
G. Northern, pfd.
Illinois Central..
inter. Met.,,c. . .
do pfd
Louis. & , Nash .
M.. K. & T.. c.
do nfd
Distillers . ...
Ore Lands
Mo. Pacific . . .
National Lead .
N. Y. Central . .
N. Y.. O. & W. .
Nor. & West, c. .
00 pfd.
North American.
Northern Pac, c
Pac. Mall Ss. Co
Penn. Railway . .
f. L,. & t". Co.
Pressed 8. C, c.
do Df d. ......
Reading, c
ao Zd prd
do 1st nfd. . .
Ren. I. & s., c.
do Dfd
Rock Island, c.
do nfd
St. L. & S. F. 2 pf.
ao 1st pia
Pacific, c
South. Ry., c...
do pfd
Texas & Pacific.
T.,. S. L. & W., c.
ao rd
U. Pacific, c
do pfd
U. S. Rubber,
do pfd
S. Steel Co., o.
do nfd
Wabash, c. ..
do pfd
Am. Can, c,
do pfd
Alton, c
do nfd
W. U. Tel.i ..
Wis. Central.
Westlnghouse
weet sugar . .
tan Copper
Third Ave.
Pittsburg Coal
ons. Gas
Big Four
Ry. Springs, c...
ao prd
Vlrg. Chemical, cj
ao pra .......
Kan. City So., c
ao pra
115VilH6
63
62
52'i
120
91
109
51V4I 61V4
35
116V4
112
91
72Vi
40 40 39
'sivi
148
157V4
X6
37
81
81
'42
80 Vi
Z
36
46
136
Northwest Crop Weather.
Portland, and vicinity: Fair tonight
and Wednesday. Minimum temperature
tonight about 27 - degrees. Northerly
winds.
Oregon and Washington: Fair tonight
and Wednesday. Colder east portion to-
Idaho: Fair north, snow south por
tion tonight; much colder tonight
vveanesaay rair ana continued cold.
Talk of Wheat Advance,
While the news cannot be confirmed
here, an advice comes rom Umatilla
county this morning to the effect that
an advance of lea bushel waa paid
for wheat there, which would put th
track basis for club her $1.08 a bushel.
Only a small amount of business It
reported at this time, southern opera
tors being .the only purchasers. Most
of these, however, seem to be looking
ror -snaps - ano mis trier rore accounts
for the few transactions.
Holders of wheat tare firmer than
ever In their views and It Is the general
opinion or tn trade here that they
will not sell unless a higher price 1
offered.
Completing Spring Work.
(fpeclnl Ptipetett te Th Journal.)
Oakland. Or.. Feb. 1. The farmers of
this section are finishing their spring
seeouig ann planting, fine- spring
weawier nan prevailed tne past week,
PORMID CAPITAL
VOULDBUYIIOTEL
t.";,' II I I III' ... 'f
' ;,,-:' ; - . 1 1 j, v 1 . '.v. '
Syndicate " of Local Intprests
; Ready to Take Oyer Option
V Held by Norman Brothers. '
and crops are fotiking extra good for thla
time of the year, the cold- spell In the
early part of January not having af
fected the winter grain, and Indications
are ror nesvy crops or grain aiwl rruit
in. this valley. It commenced snowing
yesterday morning at A o'clock and con
tinued until the afternoon, when It com
menced thawing, and the snow Is prac
tically all gone today.
NORTHWEST BANK STATEMENT.
A coterie of Portland Capitalists Is
anxiously watching th outcome of the
option held by. Norman Brothers of .Spo
kane on a controlling interest In the
stock of th Portland hotel with the in
tentlon, it I belloved, of making a
strong bid for the property In case tho
Norman fall In their efforts to acquire
the stock-, , V I , '
Th option held by th. Normans ex
pire February 9. The original option
expired January 9. but a $0 day exten
sion wn granted, and It Is known that
the oWners of the stock ar not In
clined to grant a further extension, be
lieving that ample time has already
been given Norman Brother to put the
deal through.,
: jmdleat Tomed to Bay Hotel.
For-several weeks It has been known
that a syndicate of Portland investors
stood ready to take the property at the
prleo quoted to the Spokane people, and
has only been waiting an opportunity
to open negotiation - with Henry- L.
Cornett, who as trustea holds practical
ly all of th stock of hotel corporation.
Ben Norman of Spokane spent yester
day In Portland and during a part of
th day was In consultation with Mr.
Cprbett and Manager Bowers. Preaum-
bly the interview had to do with clos
ing the option and taking over the ho
tel, although both gentlemen declined
to give the Import of their Interview
wjth the Spokane man. j-
V Option Below BaJ Tain.
That th figure, $960,000. at which
the property was optioned to the Nor
mans, Is a remarkably low price for the
hotel block was confirmed by the sale
last week of tha quarter block at Fifth
and Morrison streets for $400,000. At
(hi rate, say well informed realty op
erators, th Portland hotel property Is
north all of $1,500,000. Because of th
price quoted to the Normans, it Is not
believed that they will -let the option
expire If It is possible for the,m to fi
nance th deal. .
While the Identify of th Portland
people who ar ready to buy th stock
under option to th Normans has been
kept well under cove, It i known that
PUT ST. HELEHS
JSBSSSlSBaP"l1" '
E. H. Dodge ;&Co; Plan Got
r After Through Business'
to Far: North. . j
In order to fomplet arrant
for the running of tho steamer K
n between Pacific coat port
AlarkA. hi. J. Dodge, local maun
the E. H. Dodge company, pwners
Wt. Helens, will go to Seatti t
Mr. Dodge said yesterday that
received offers of shipments fron
land by th steamer and, that a
a he returns from th ound I
go after Portland busine ami v.
merchant' who ar1 Interested ti
ting cargoes to Alaska by direct
ment from this port, instead of
lng tjjem first by rail tor tfcatt! .
"Prospect look good for ahlp
from her to Alaskan ports," en
Dodge. "I have no doubt that wr
get the. necessary 600 ton whir!
enabla .ua to come to this , port
my return-from the sound I slml
th matter a much as poHslbl h.
take t up with merchants wi
have shipments, to go to Alas'
Mr. Dodge say that he belli
the merchant of Portland ar
that they can hav a-regulai
up to Nome and St. Michael,
go after th business up t
they could reasonably expect
fact Mr. Dodge hinted that t
make It necessary to put on
line from Portland to Nome
other ports, which could be
rectly lit a short a time fr
from the sound, - -
v
UNKNOWN MAN RUN j
1 DOWN AND K
" " .
' (peell Pl.patrh to Th. Journi ,
Brownsvlll. Or., Feb. 1. Ar.
ploye of th railroad company,
unknown, was run down by a
train this morning and both leu
off. Th man died later. He
riding through the town on a
when the train approached throue1
fog and waa upon him be for ti
glneer could bring hi engine
r t'
toy
they are amply able to pay ti
000 wanted for the control of
erty.
Clearings today.
lcar ago ....
Gain today
Ralances
Year ago
Portland Banks.
. .$1.566.63.1.90
1,116.182.93
. .$ 450.450.93
,.$ 176,380 17
. . 166.237.18
Now York Cotton Market.
(Furnished by Overbeck & Cooke Co.)
New lorK, Feb. 1. cotton market:
Open. High. Low. Close.
Feb.
Mar.
Apr.
May
June
July
Aug.
Sept.
Oct.
Nov.
Dec.
.1437 144J
.1412 1456
,.1436
...1388
..1290
. .1260
144-4
1400
1305
1269
1431
1437
1428
1387
1304
1260
.1260 1265 1260
1441 ifi 1445
1446B
144541447
1443$il464
1444&1446
1442(5)1241
189241400
1302 til 1394
126441265
1246til46
12.44 & 1245
145
15
32
72
69
83
118
6V4
7
127
67
c. ,
FIVE BAD BOYS TO
ONE GIRL IS RECORD
133
110
43
160
104
VI
37
42
84
61
132
109
41
128
28
67
62
71 71
51
12
21
82
641
126
28
68
184
99
41V4
110
122
20
46
11
76
41 41 41
62
77fc
41
103
51K
izu
37
68
' iCalted Press td Wlr.,1 '
Seattle, Feb( 1. Butter, per pound
Waahlnaton uieamery; firsts, 39c; ranch.
2627o; eastern creamery, S235o; pro
cess, 1 5c. t' - - a' ..-
Eggs, per dosen, local ranch,, 36 3o;
eastern storage, 24 4f 30c; Oregon 84
J6c; California, 34 36c. . , ,
Cheese, per' pound Cream brick. 19c:
wheel swlss. 21c: block swiss. 21c: im
ported -wheel swiss, ,80c; .Wisconsin
twins, 19c; Wisconsin .Young America,
20c. .-",-: -" '- -
Onions Green. SOd-ner doseni Walla
Walla,-$1.25(1.60 per hundred; fannos,
$1,660)1.75, per' sack. r
Potatoes fancy astern- Washington,
$17$jM per ton;. WThlt river, $15 18;,
sweets, $342.60 per hundred. ;
Total sales. 691.000 shnrpa
Illinois Central, extra dividend of 8
per cent. . . . ..
B. & O.. common, extra dividend of
a per cent. , .
B. & O,, pfd. extra dividend ; of ' 3
per cent , ., .
Money,. 3 per cent asked. x
ARTICLES FILED FOR -
TWO NEW CONCERNS
The American Development company
has been Incorporated by E. M. Run
Van, A. , I - Veaxie and X .C." VeaBle,
with a capital Stock of "$l,000,boo.
C, FI Stonev B. W. Graham and W, J.
Makellm have flle article of incor
poration of the C. 3i Sron Lumber
Journal wait ad brlag -result. company, capital Stock $20,004
Five to one is the proportion of bad
boys to girls. Judging by th record
of the juvenile court for the month
of January. The monthly report of
Chief Probation' Officer Teuacher ahows
that 64 boys and 11 girls were called
before Judge Bronaugh during the
month.
There was an unusual run of larceny
case during the month, 18 In all. Four
teen youngsters were called In for ma
licious mischief, six for disorderly con
duct, five for truancy, four for Incor
rigibility, three for smoking cigarettes.
and one for nouse breaking. Twenty-
nine wer placed on probation; four
sent to the Frazer detention home, fiv
to other charitable Institutions ' and
three to the Boy' and Girl' Aid, so
ciety. ,
Twenty of the youngsters were under
11 years of age. Twenty-four were
from 11 to 13 years old, 16 were 14 or
16 ana 6 were 16 or 17.
23
is 1 1 l u )Cjri I S) J s fit)
Oldest Bank on tha Pacific Coast
Capital fully jpaid - - - - .
Surplus and undivided prftfiti
$l,000,ODOj
$6OOO00J
OPPICKRS
W. M. Ladd. Pre!dent
Edward Cookingham. Vice-Prea,
W. H. Dunckley, Cashier.
ft. S. Howard lr Asst. Caih
J. W. Ladd, Assistant Cashier'
Walter M. Cook, Asst Cashi
Interest paid on time deposits and savings accounts. AcotinV
banks, firms., corporations and tindhriduals solicited. Travelers' cheV
tor sal and draft issued available in all countries of Euror
R0SEBURG SECURES
, BIG CHAUTAUQUA
(Special Pl.p.trb te The Journal 1
Roseburg, Or,,, Feb. 1. Arrangements
were practically completed yesterday,
whereby Roseburg will have for two
weeks next September the biggest Chau
tauqua ever held on th Pacific coast.
The arrangements wer made between
C. D. Beale of this city and Charles
Wagner, the foremost Chautauqua or
ganizer in the United States, buslnosa
manager for Madame Sembrich. He
stopped off here Sunday to see Mr.
Beale, who has been a lifelong friend,
and the plans were perfected.
Amons sar. wagners permanent or
ganization of Chautauqua attractions are
Madame Sembrich, Powell, th violinist,
Jules Raner, the pianist, and Mrs. Reed,
reader and elocutionist. William J.
Bryan and Joseph W. Folk are also
promised to be on the program, Pell's
concert band of 46 pieces Will also be .
a ictLiure ui uie noseourg uiauiauqua.
The expense of the entire two weeks
Chautauqua wllj be $5000.. -
i .. f . : , .i i , -
More than half tha fatalities In th
coal miles In the Nottingham district
of England, ' due to underground acci
dents, are caused by falling roofs, ;
OUR'SUCGESSi
Conservative '"management.' -'unexcelled facilities ''an '-
constant endeavor to meet the wants and convenienceTof its ?
patrons, have contributed largely to the success of this bank'
We cordially invite your patronage. .'. .''
Io Interest Paid pTIme Deposit
Overbeck &
Cooke Co
Commfssion Merchants
Stocks, Bonds ' -.
Cotton, Grain, Etc.
216.217
Board of Trade Building
Member Chicago Board of Trad J
Correapondent of Logan A firyaa.
- Chleag. Nw Tork. Bos to a. -
W hv th . nly private ' wtr
eonnectlng Portland with th :
L-.; ; eatera , exchangea. . .'
7
trn A no .f tlt?TMttnn I nnn,,n.. A
I, ififtM oi oiz,jv iKftL, nave fKUvtLN THA
BITULITHIC
. Lasts longer and is safer for horses and ' V
i than any other kind of pavement.' V '
: 'BITULITHIC
j Is being laid in more cities in the northwest th
, is any other class of pavement; 1
: Ecio BITULltlf M
Together with its wearing qualities are, ; vha
, make it popular! ? , , I
: Commercial bodies, city officials . or individuahl
' -..l.. J . m I
vyny up uiicrcsiea can ODtain complete intorma-i
r tioh, and statistics regarding street : paving by
addressing , . . - ' t
Warren Conslruclion Company
, . BECK BtDG.,' PORTLAND; OREGON -
v;
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IX
11
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