THE OREGON SUNDAY JOURNAL, PORTLAND, CUNDAY I IORIIING, C:
-i;7ii-'
Review of flic World's Trutle
. of tlic PostWcelc:.
M . -J
SELL P0Tf.T0ES?:mi!J
BUSSSIIini!!
IS VERY LIMITED
PLM1T
LOCFlLHOP MARKET
: A LEPiDmG QUESTION
G0Q.D.1E0R LIVESTOCK
U J L iYJLJ
English Hop Acreage,
Acres.
38,916
S 8,218
43.127
60,580
71,79
63,961
Actus.
17l4
1807
1S50
1905
1906
1907
1908
1909
1910
.... 48,967
46.722
.... 44,930
.... 38.918
, ... 32,589
.... 32,880"
1870
1S78
1S90
1900
63.861
0RE30H BOP STATISTICS.
, Bales.
Crop 1910 .... ; ... . ........ ... , .100,000
Bold on contract ............... 85,000
Sold In market 18,000
Total tales .....
rail crop .........
Sales .............
........... 40.000
...........100,000
........... .40,000
Untold
60,000
i ...... .
" By Hyman H. Cohen.' "
' Fully 3000 bales ot hep were sold in
Oregon,- and principally -on the west tide
of the "Willamette river; yesterday.
One thousand bales were bought by
one firm alone Klabef,. Wolf & Netter.
. The other 2000 bales were distributed
among practically all the dealers of the
state, with Louis . l.arhmund ot New
Tfork one of the chief operators.
To date, the sales of Oregon hops In
regular market have teached a total -of
IDEAL C0ND1TI0N-F0R
WHEAT TRADE
f
4 Weekly Crop Ssport. -
4 Weather conditions were most
4 favorable for preliminary work 4)
4 for the new crop. Fall, plowing 4
4 was general, and in a few placet 4
4 seeding was being : carried on
4 where conditions were extra fa-
4 vorable. There Is every lndlca-
4 tion' that this year's fall 'wheat
4 crop will go Into the ground In 4
4 a better condition than any pre- 4
4V vious crop. an,d every week adds ;
4 to the possibility of a greatly in-. 4
creased acreage. ' 4
With wheat on a export -basis for
all varieties except the cluto, conditions
were ideal for t heavy purchases of
wheat at Interior points during the past
week. Notwithstanding this the move
ment from the country warehouses was
rather small. "
Buying of. wheat at Pacific northwest
points during the week was confined
entirely to export business.' Club wheat
advanced to 84c during the latter part
of the week, but while this was stretch
ing the export value somewhat, it was
not too high, for profitable -working.
."Therefore '-export agents continued In
the market for additional supplies and
took all offerings.
Tber Is -a -.continuation, of s extreme
.dullness in blues tern wheat and eoj tar
as known there was no movement out of
the hands of producers during the week.
Blues tem wheat seems. to be out of line
wun roreign values, ana lonyioians
generally taken instead. The -lattr is
-called snipping biustem, although local
millers do not buy it as such.
. Blnestem Brooks tihoral. -.. ;
i Stocks of bluertem- Wheat in the hands
of millers are of such a nature that the
latter ar.ix-not' in the market for sup-plley-tft'
this time. All the big millers
say1 they have enough for their requlre-
.mens for some time. Practically-all of
thsnj-were heavy, purchasers of blue
stem exclusively at the start of -the
season and therefore their bins are filled
at this time. ,
Along with the purchasing of club and,
fortyfold wheat during -the past week
: there was quite a fair movement of both
red varieties, Turkey red selling with
in 3c a bushel of the price of blustem
". in some instances. t .
Present price of wheat Is 'at such a
level that many producers continue to
. withhold their supplies from the market
WALL STREET STANDS TIPTOE -TO
WATCH U. S. STEEL MOVE
By Thomas C. Shotwefl.
., (Sy tn International News Semes.) ....
New York. Oct 8. All Wall street
stood in a position of strained atten
tion today watching Steel for a signal
to go in some direction and Steel did
move. The stock swung between ti
end 70, closing at 69. It seemed
like the dullest day on record in Wall
street with less than 100,000 shares
dealt In. Somebody wanted 200 shares
of Sears-Roebuck stock and, had to pay
112 a share for it above the previous
quotation. ? .
A little larger block of Mackay stock
waa secured after an advance of 8
points,, ; , United Railways Investment
preferred also advanced S points on a
small transaction. .Aside from these
specialties the feature of tha day was
the Strength of Smelting.
t lfuch speculation was indulged In
regarding the news that is promised on
thelSteel trust. It is known that the
railroad are preparing to put in some
very laTge orders for equipment but the
expected, news is not. believed to have
any re-feirer.ee to. orders. The reaort.of
fi
IS:
Botton, Mass., Oct 8. -The foreign
decline in wool ' had no noticeable ef
fect on the Boston market this week.
Values here being already too low to be
seriously influenced by the London d.
cllnet. Demand during week has not
been specially active, but there has
been quite a number of buyers In the
market, and estimated sales are 30000
pounds. Scoured basis, territory wools,
85 S7 cents for "fine staple; 162
. cents for half blood staple; 57E8 cents
for three-eighths, and 60062 cents for
. quarter bipod.
NTSW YORK COTTQN MARKET
Furnished bv 6verbeck & Cooke Co.)
new iuik, vvi. o. votton
Open. High. LfOw. .
...1468 1472 1460
Close.
1463$144
14691471
14821484
I486 1488
1493144
14891491
14931495
1443&1444
Jan.
Feb.
Mar.
Apr.
May
June
July
Oct.
!l485
1 1 1 '- ?!
1494
Jt '
...'..1496
.....1456
1487 1477
i49t 1486
1496
1457
1487
1443
10. ...,.1465 . 1473 1457 14691461
. Liverpool Wheat JIarkcti
Liverpool." 0"t. 8.1 Wheat close: Oct,
Ts Dec, 7a 4ftd; -March 7s Sd.
HI
N DROP FAI
10 i
T OUR WOOLS
15,000 bale, which, with 25.000 bales
.... - . . . , .Ui ,.nl anlnM
sola on contract, mnnr uo wiw ca.a
in this state to date thisseason 40,000
bales, out of an' estimated crop of
Things were stirring fn the hop trade
yesterday. ; The report of the English
acreage was officially placed by . the
British government at 82,880 acres," as
compared with 32,639 acres In 1909. This
is an Increase of 241 acres over last
year. In 1909 the hop acreage of Eng
land was the smallest for at least 100
years, for since 1800 the planting has
not been so limited. Between 1700 and
1800 there were several periods wherein
the acreage of hops' was smaller In Eng
land than last year, but generally the
showing was greater.'
With 32.880 acres In hops in England
this year the crop Is now generally esti
mated between zbo.uuo ana asu.vuw nun
dFed weight, compared with 214,000 hun
dred weight. .last year. ,- ' ,
There is a firmer tone abroad in the
hop market1 Special cable advices from
ijoncion yesteraay statea mat .me' mar
ket there was verv firm. ."
Western- Washington hopgrowera are
changing their minds and, now refuse
to sell at current, values. There is no
business at all offering at Yakama, and
therefore the market there cannot be
considered at the moment.
- The purchases of hops mads by Laeh
mund were at 12c a pound. The New
Yorker took 400 bales at Corvallls and
800 bales at Cornelius.
EXPORT
IS NOW SHOWING
and are not Offering at all. This It
especially true of those who are nearest
to the Farmers' union. :- ;
California Barley Here Again.
:f Present indlcaUcr- are that California,
grain interests are- using Paclflo north
west barley producers as a buffer and
whenever they want to boost the price
they -do the work here and then force
their own grain upon the- market at a
slightly lower price than the northwest
grower expeots to get This has been a
condition here since the present season
started. The result is that while the
Calif ornlans are unloading their barley
here by forcing fictitious values in the
northwest, the local grower is compelled
to hold much, as was done a year ago.
Whether , the latter lylll , continue to
stand' for this ' method remains to be
seen, but it is perhaps a studied part
of the California interests to muddle the
situation so that the Oregon, Washing
ton and . Idaho growers will remain
bullish and hold their barley. ;
Shipments of California barley have
again started In this direction and more
will follow unless local growers meet
the competition. , While our barley it
better than the southern article. -there
are many who look only at the price and
win, mereiore, cuy u cneapest stun
offering. . ' ' y i , :
'mere remains only a nominal amount
Af hllklnMa nf fHn a, 1 r. t h ea . m... i
r"i rT:""V" 7i."V,:"'.:7
ei. minougn tne Bituation m r.
cmo rjortnwest it aomewu.; stronger
iiiuii a. waK ago. jvununui quotations
remain 827.50 28, -Con for No. 1 white.
Twist. la Hay tfarket.
Sloee'i the season started tin. to 10
days ao. there was a great scarcity of
Ltimothy hay "in market and therefore
finces were sweuect wnenever a aeaier
ried tO'buy, Ourinr the oast 10 davs
the situation has changed to a remark
able degree. ' So much' timothy haa been
offering by eastern Oregon and the Wil
lamette valley and so great have been
the shipments In this direction that the
trade is 'filled. Every available ware
room has been Secured and stocked with
timothy and still deliveries are being
made and urged by producers. Up to a
short time ago the cheaper hays were
hard to sell- and nothing was wanted
but Umothyi Now timothy is to plen
tlful that buyers are selling it at prices
shaded under those they purchased at
because room for storage Is scarce.
Present glut In hay will not likely
be continued for a long period and
there is every likelihood that prices will
respond to the actual shortage that ev
eryone knows exists In -this section.
While, much depends upon weather con-
anions, tne trade scarcely expects hay
to kail lower than at present
the Steel trust made an unfilled orders
should show a decrease of something
like 800ktons at least. Whatever bad
influence this may have will be over
whelmed by the government crop report
which should show the greatest volume
of crops ever raised In America. The
crop situation has surprised the opti
mists as much as the pessimists, for
even the most hopeful never dreamed
of Buch a corn crop as has been pro
duced. - ;
Number of shares sold today, 90,38;
a year ago, 206,884.
Par value of shares sold today; $1,
010,000; a year ago, $1,965,000. v ,
A decrease of 12,421. in the number
of Idle freightc ars is reported by the
American Railway association in its re
port for September 28.
Otto Kuhn, of Kuhn, Loeb & Co., has
for many yeara been a leading figure in
the management of the Union Pacific
Railroad company, but he has never
been over the road. . He left today for
San Francisco in company, with Henry
Wtnthrop and Alvin W. Krefcht, to be
absent five weeks on a tour of Inspec
tion. A ,. V .s
is OF
T
By Ralph Emerson.
New York, Oct 8. Trade develop
ments of the week ; were not influen
tial in the stock market. The Septem
ber output of pig iron showed an aver
age aauy increase over August al
though production was on a failing
market The copper stocks appear to
show a better adjustment of production
to consumption with a consequent
strengthening of the market. Stocks,
not only coppers, but tbe entire list of
stocks, have acted aS though the mar
ket was thoroughly sold out and even
oversold. The course of prices as in
terpreted by the speculative community
has been bulnsh.
Tbe bond market was less active dar
ing the past week than was ths stock
market High prices have been paid
for new capital supply with a large
amount of new settlement impending.
the Tailroad and industrial corpora
tions have authorized Sn aggregate of
about 82,260.000,000 of new bonds, notes
and stocks in the first nine months of
'ear. nd have Issued about $1,260,
000,000 leaving more than $1,000,006 of
new capital to be raised out of earnings
authorized. This does not 'take In an.
iout-4mtds eM'eseeke-iesw-fer-tTWT-
veiii. quarter. - otner demands on
capital must also be taken Into account,
v rhe terms on which new capital is
being obtained suggest that the actual
money market of, the. world is far leas
uunuant man tn
he quoted rates for tem-1
mm
RADE ARE SL GH
- By Uynutn II. Cohen.- '
Organization of growers and additional
acreage of early potatoes are lessons
that Oregon producers have been admin
istered during the reason to date..- v.
First of ail, Is the growing need In
this section of additional Supplies of
early potatoes with which to take care
of the northern demand. Second, is the
absolute need of local producers in keep
ing California potatoes out of this mar
ket as much as possible, for with a repu
tation' of potato 'quality such as this
state has received, it is throwing money
away every time they allow the whole
sale trade here to Import stock from the
south..-.. ;.-"-.-..-..- - - ,-.-'
Early potatoes are in demand every
season, and prices , in effect for-that
growth are generally among the best of
the season. 'This demand 1 is certain
every year, ad the cry has annually
gone forth .to the potato men of the
state, but little heed has been paid to
them. ; '. , ......
. Business prinoiple It aeking. ; . , :
Oregon has not only the climate and
soil for the production of first class po
tatoes, but there are many growers of
hi lit v In her borders. The main trouble
"has been that few of them realize that
business Is something that should te
studied and not guessed at For in
stance, some producers will hold their
supplies blindly for a certain remote
price, and would rather allow their
growth to rot in the barns, than to sell
at a price that dealers are willing to
give or the market justifies.' ? '' ' F;
The secret of California's' success In
potato growing, and especially those of
her growers who plant along the rivers.
Is that growers there sell potatoes.
They don't hold them any longer than
possible. They are quite willing that
the other fellow should have a chance
to speculate and try to get a profit
Naturally everyone has a right to do
as ha sees fit with Ws own goods, but
it remalnt a fact that-these-growers
who generally hold longest are the very
ones who complain most regarding the
unprofitableness of potato culture.
- varket Must Be red.
It has scarcely entered the minds of
some growers that there Is always a
demand for . potatoes, and when" tome
dealer wants to buy it is naturally the
time to sell. This is not the plan fol
lowed by most growers here. When a
dealer wants to buy, they feel that the
market is really going to advance.
They scarcely know why prices should
go up, but the fact that the dealer is
willing to purchase, gives them reason
sufficient,, for blind holding. Therefore
as long 4s there is a demand many
rowers will not sell. The moment the
market breaks and dealers are overload
ed (with supplies,, that is ine time most
growers want to let go. In a time of
glutted market they will offer several
times as many sacks as are heeded, and
wonder why thev cannot obtain' the
price offered earlier in the season.
"ir potatoes are worm ji.ou one
month, they are worth it the rest of the
season," said a prominent grower to me.
n
porary credljaif yet foreign dis
count and bauie quotation for time loans
either wVll street collateral or com
mprntr nnner Aa "not nnrniia a threat
, . . . . . . . a .
S'5a state or stringency. ' v
TPorMn financial rantei
Foreign financial centers continue to
report loan increases and ash. de
creases among reserve Institutions, Just
as me marxec nas aone nere.
Range of Nw Bork jprlees furnished
by Overbeck & Cooke Co.:
Description. Open! HTghl Low Bid
Amal, Copper Co.
as
Am. car & jr., o.
-do. of a.-
4
37
Am. Loco, com..
Am. Sugar, com..
87
36
115
692
118
70
115
69
Am. Smelt," com
do.- nfd., . . . .
Anaconda M. Co..
'40
40
"40
Am. Woolen, com.
Atchison, com. . .
Bal. & Ohio, e...
106
106
106
- do. pfd.
B. K. Transit ...
76
76
Can.Tac.y c. T. ..
Cen. Leather. ...
C. & G. W., c. ,.
196
194
84
23
C. M. & St. P...
122
122
Chicago & n.. o. .
148
147
Ches. & Ohio ...
Co. F. & 1, o. . . .
Colo. So., c..,..
81
83
. . .
, ,
. . . .
ie
ii3
do. 2nd pfd.1 ..
do.. 1st tf d. . .
Com Products, c.
ie
16
do. prd......
Del. & Hud,, a . .
J). R. a., c. ,..
rle , o, . K , . .
S3
27
46'
88
27
4"
82
27
46
do., 2nd. pfd. .
do.. 1st Dfd. . .
O. Northern, pfd.
127
127
127 127,
0L20
do. nfd. .
66
56
66
Louis. & Nash.
146
146
146
145
Manhattan Ry.
M., K. & T., C. .
84
66
66
84
66
56
84
66
65
do. rjfd. . . -. ,
Ore Lands ....
66
65
65
41
Mo. Paclflo ...
National Lead. .
N. Y. O. & W..
N. Y. Central ,
Norfolk 4 W.,
do, pfd .....
N. American .
N. Pacific, c.
HS
114
118
114-
8
98
98
98 ,
83
66
118
118
118
8 .
118
Pao. Mail S. Co
30
Pennsylvania
129
180
129
130
People's Gas.
107
107
107
107
Pressed S. Car, c
33
a
33
33
33
96
do, pfd . .
Reading, , c. . .
146
147
146
18
do. 2d pfd ,
do l8t nfd
96
88
81
92
31
62
40
29
66
Hi
ii
40
2 ,
Repub. I. & S., c
81
81
40
29
81
81
40
29
do, pra
Rock Island, c
do. Dfd . .. .
S. L. ft F." 2d Dfd
st u. & a. w., c
do tifd. . .
Southern Pac., c
115
116
115
116
Houtnern y c
24
34
24
24
10 Did...'. ...
Texas & ' Pacific
T 6. L. & c .
do nfd. 1
Union Pacific, c
167
168
ii
do Did. . . . .-.
V. 8. Rubber, c.
do nfd........
V.- Steel Co., c
70
if
87
76
66
a9 era. . .. . .
Wabash, jo.....
do Did......
W. U. Telegraph
wis. central, o.
AUlt Chalmers.
do Did
Alton, , c. . , .
do Dfd . .....
G. W. pfd .....
Nevada Cons...
Westlnghouse .
Beet Sugar. ...
Utah CoDDer . .
Cons. Gas . . . .
Va. Chemical .
do nfd
K. C. Southern.
dOpfd
Total sales, 92,300 shares.
Hogs Weak at Chicago. "
Chicago. Oct. 8. Hogs. TO Ann; mr.
ket weak. Mixed, $8.30 9,10; good and
heavy, $8.108.90; rough,- $8.108.80;
light, $.401.10. ' ..... . .
tttie, iouo; market steady,
Sheepr 20,000 market steady, r
Kansas Cltr. Oct 8 Hoes. 20.000-
cattle, 300; sheep, 400.
. Hogs Lower At Omaha. ' 5 )
South Omaha, Neb.. Oct 8. Cattle -400,
market unchanged. .
Hoas 8600: market- 1RiA9Kn lnm.r-
torrtlr-wf salp g,io 8T6. " "
oneep rtone. . ) . ,
Th convention of the Brotherhood of
Locomotive Engineers will meet in
Birmingham, Ala., October 12 to 15.
5
65
146
This is one of the very common mis
takes made - by producers. An article
is worth what it will bring no more
nor less. If the supplies held by dealers
are scant and under their requirements,
it means more spirited bidding and
naturally a higher price than would be
oocamaDie were tne marKet overstocked,
dull and lifeless. When there Is a sur
plus of offerings it follows that prices
will drop. It's the way witlKall articles
of commerce, and potatoes ara-no excep
tion. ',;,;:.,'.:,:;':;;....,.'' ;'.;:, " "'";'...--. .,. ,
't ', arowert Are Hurt SEott,
: My holding blindly for prices that are
unobtainable growers hurt themselves
only, for the dealer will buy stock else,
where if It can- be obtained for less.
That's business. However, it is not busi
ness for' the grower to allow this.
Every ' sack- of outside stuff that he
forces dealers to buy, Is just that much
less demand he will have for his own
article. , If a higher price rules later in
the season it would mean a Btill higher
price If growers would feed the home
market when , hungry and thus-keep all
outside stuff away. . . - .
For instance several cars of California
potatoes were 'unloaded along Front
street, during the week "elinply because
stocks were "unobtainable from local
growers, who were holding pack for still
higher -price, .There never was a time
when California potato growers wpuld
not sell, and therefore those who want
steady supplies sometimes go there for
them because they don't want to take
chances of not getting them at home.. ,
- litsson rrom Onion Growers.
j Onion growers of Oregon have now
one of the best organizations in the
eountry.- They sell supplterat the price
the market will allow. They feed the
trade when it wants onions, and from
the moment local onions were gathered
there has. been no need to send else
where for ' supplies. Onion men have
learned the lesson that potato growers
are Just being taught While the for
mer are very anxious to get as much
for their crop as nossible, they realise
that blind holding will not bring these
values because the trade will buy else
where. Because Oregon has a small
crop of onions It does not follow that
the growers here are srolne to hoM for
abnormal values. They did a few years
ago. but now they realize that other
states produce Onions, and other growers
may have a big crop and are anxious to
sell; In other words they see that while
while Oregon has the best onions grown
on the Pacific coast, there are onionS
grown elsewhere. Potatoes show a sim
ilar situation, ' , -
This should not be taken as advice to
unload potatoes or prediction that the
price will not go higher. , It simply
vt ao n at 4 tirtlocid Atfltfnn ffmwaiia ura
"wtlltngto- sell.-thelr-ptrtatoes t-deaers
tne gruwciB ui utiicr nutirg may iei
them have all they need. There Is al
ways a -chance for the repetition of
last year's performance when hundreds
of cars rotted in the barns of producers
late in the season because, they would
not sell- when the demand really did ap-
FRONT STREET QUOTATIONS
" opt. Woel aad Xlaea, "'
HOPS 1910 crop, chblce, 1213c;
prime to choce, H lle; prime, 10'9
WOOL -Nominal. Wlllamett!
valley, ism 11c; eastern ureson, 12017s.
BHJEEPSKIN8 Shearing. 19BHr
ach; short wool, 16 680; median,
wool, 60c 081 each; loitg wool 76c a
$1.26 each. .
. TALLOW Prim per m," lc;' Na
I and jrrease, 103. . T
CUmiJhl BARK 1I0 Nomina)
Ic! 1910. 4c -
HIDES Dry bidet, 15 018 0 lb.
green. 67e: bulla, green. , salt io
tt.; kipt. 7c;. calvetr green, 120
18c per lb. . -t. .
MOHAIR Nominal! 1110. tOOSSa.
' Bnte, 23gg aad XoHry. T
BUTTER iExtr creamery, cubes'snd
tubs, 860; squares. 87O370 lb.;
store, 22 igi24 c; eastern, i: it? ,14c.
BUTTER FAT F. a. bv Portland, per
pound, 3c. "
POULTRY Mixed ? chickens, ,18
16o, hens, 16'17c stags, 13c: broil
ers, 1515c; fryers. 1516c; geese,
old, ); young, 12 13c; live ducks,
young, 1618e; old, 16c; turkeys, alive,
22 24cr 'dressed ( ) i pigeons, squabs,
82.E0 dosen; dressed chickens, l2c a
pound higher than alive.
EGGS Local extras, 3436o; No.' 1,
84c; No. 2, 27c; eastern best 32c; ordi
nary, 27O280.
-CHEESE New Oregon fancy full
cream, triplets and daisies, 1718c:
Young Americas, 18S19c, , ,
Oraln, Fiomr aad JUr.
WHEAT Track delivery Club 84c
85o; bhiestem,' 8788c; fortyfold, 86c
Willamette valley, 87cj red Russian. 82c:
turkey red 81 8 ac. ':;-..J ' , . '
BARLEY Producers crlce 1914
Feed, $22022.60; rolled, $26; brewing.
24.60. .
C"W Whole, $36; crackel. 837 ton.
HA Y Producers price i 910 Val.
timothy, fancy, 31919.60: - ordinary,
!19; eastern Oregon, 2020.50: mixed,
14015; clover. No. l.$ri12; wheat
1314; cheat.. $13 i4; alfalfa, $16)
oat, 313 14.
M:LlSTUFFS Belling r.rlce Htp'.
$26; middlings, $33; short,- $27; chop,
OATS Nominal. : proincnrf 3 rice
Track, No. 1 white, $27.6028.00; gray.
$26.60 27.00.- - ' .".'..'ti
FLOCR Old crop, patents. $1.38:
Willamette, $6.40 per 7 barrel; local
Straight, $5.20( bakers, 8.20$S.8S; ex
port grades. 38,70; ' graham, sack,
84.80; rye. 35.7S; bales 88.15. V,! T
Orocees.iirellte."::i'';'
SUGAR Cube, $6.45; powdered, $8.86;
fruit or berry, $5.86; dry granulated,
$5.85; conf. A. $5.65; Extra C, $4.16;
golden G, $4.15; D. yellow, $6.16; beet
$5.66; barrels.-16c; ijalf barrels, 30c;
boxes, 65c advance on sack basis. Fed
eral Fmbe'ry, 5c less than, fruit or
berry. .-. .- ... ... . ....
(Above quouttoat are 30 days . net
eash quotations.) -
RICE Imperial Japan No. ,"45c:
priof' New .r,ean head. -8 7c;
LT--Coarse Half ground- 100s.
$8.60 per ton: 60s." 89,30; tatne dairy.
60s, $18.00: 100s. 817.00; pales. $2.86;
extra fine barrels, 2s. S and 10s, 14.00
O6.00; lump rock, 320.50 per ton, i
BEANS Small, white, 4c; Vra.
white. 4: pink. 7HCj bayou. $1.88;
Limas, $f.j0: reds. $7.85.
HONEY New. 38.78 per ease.
, Sfnuta and yecstsblea, .
FRESH FRUITS Oranges Valen
cies, $4 4.60 box; bananas. 6o lb;
lemons, $6.607.25: grape fruit $3.76;
pineapples, ' 67c lb; cantaloupes; Ore
gon,76c$1.00; peaches, 6065cf wa
termelons, $1.00; grapes, $1.00M5;
local Concords, ; 15c; ground cherries.
$1.00; pears, $1.002.00.
, BERRIES Blackberries, $1; huckle
berries, Ril? 9c
OTATOES New. $1.251.85; tweets,
ONIONS $1.50; garlic, 78o per lb.
VEGETABLES New turnips 31.26(9
8160; beets, $1.60; carrots, $123
I. 60 per sack1! cabbage. $1.60 1.75 per
hundred; tomatoes, 35 50c per box;
beans, 4o,'per pound; horseradish, 10
12c; green onions, 1015o doien;
peppers, bell. 46o per lt.; head
lettuce, 8040o per . dosen: hothouse,
II, 60 per box; radishes. 1012e dos
4n bunches; celery, 4090e dozen; egg
ptant,- $1.25 1.60 crate; cucumbers, To
car hothouse. 25c per dozen; peas, 6c:
corn. $1.25 1.60 sack, t .
APPLES 76c $2.60.' t
Meats, risk and Provision. a. -'
DRESSED MEATS Fr on street
hogs, fancy, 13e: ordinary, 12 c; veals,
extra, 13c; ordinary, llllc; poor,
67c; extra large, 8c; spring lambs,
llc; yearling lambs. 7q lb.; mut
ton, Sc.
FTTESTTTnrrrr'WTrbTefe a'Te8Tau StifelT
ers' prices: Best steers. 9CAc; ordU
naiy, 8c; best cows. 8c: ordinary,
7c lb. .....
LARD Kettle leaf- 5s. 16c pet lb,;'
steam rendered. 6s, 14e per lb.; com
pound, 6s, 12 o per lb.
Trade in1 Chicago Confined Al
most Entirely to Local; De
; cember ind May Lower.
World's Wheat Market
, Portland Cash club, 85c; blue-. 4
stem, 88o ' . , . : 4
', Chicago No. J red, 98
8c; Dec., 98c; May,' $1.04
ask; July, 99c "
, Liverpool Oct., 7s4d; Deo' 4
7t4d; March, 4s 6d. ,.'..' 1
, Berlin Wheat Uo lower. ' A
Antwerp Wheat unchanged. - A
t Budapest Wheat c lower. . 4
St Louis Dec. 89a, May.
4 81.10 ask. . . , -
v jMinneapous May, 31.13.
Chicago, Oct 8.T-BuslriesB in the grain
markets was comparatively light and
almost .enthely confined to local trad
ers Wheat was weakest early in the
session and had a reactionary tenden
cy toward the end. .Final prices Bhowed
a decline of c for December, c for
May and c higher for July, . -
Corn and oats recovered all they had
lost the first part of the session and
closed at a little gain. --t
The gain in corn was confined to De
cember and May. each , being e.
Julj closed1 without change.
Oats were unchanged for December
and July, with c advance In May, pro
visions did not recover from the weak
ness with which they started and were
at material declines In the end.
. The wheat market had a weak open
ing at . Ue decline. Trail from tha
outside was exceedingly email and busi
ness almost wholly of a local . scalp
ing and professional character. Fluc
tuations were over a narrow range but
a father firm feeling existed at the
lower prices, with which trading start
ed and the general tendency was In the
direction of recovery.
Weather in the corn belt was still
clear and frosty, exactly What is con
sidered best -for hastening the market
condition of the new crop and. of course,
that -had -an -influence -on- the market
as it was starting. ,
First prices were for Ithe .most-part
at c decline and the feeling was still
favorable for further decline until it
became apparent that shorts were In
clined to cover. The market gathered
strength during the day after its spell
of weakness early. Offerings were light
and demand better at the slightly lower
prices than could be supplied. ,
Ttaders in the oats pit were chiefly
Influenced by the course of other grains.
This market continued to follow the
trend of corn and was strong and with
the earlier decline, more than recov
ered near the session's end.
.With a lower hog market 'reported
from the yards and the aasurance of a
vast supply of corn for the fattening
of the raw material of the product the
local exports In the provision market
were for the ' most part favorable to
lowier prioes.
Range of Chicago prices, furnished by
Overbade, & Cooke Co.: ,
- ' ' WHEAT. " ".-''
Open. High. Low.
7 98 ' 97
103 104 103
99- '- 99 9
' CORN. " ,-
49 49 49
62 62 .61
Close.
98
104 A
88
Dee. ... ..
May, , ....
July
Dec. .....
May ...
July ,...'.-
49
62
63
OATS.
,:. 33
T. 86.
Dec,
. . , ,82
....85
83,
85'
82
Si
Ma
Jul'
85
PORK.
1805
1755
1690
LARD.
Oct H05
Jan. ... .1755
May ....1690
1800
1747
1680
1800 A
1747
1683
1262
1065
1005 ;
1087 i
927 - A
922 A
Oct.
Jan.
May
Oct
Jan.
May ;
...;.106
....1015
..'.,4105'
1062
1015
RIBS,.
1055
1003
110S , 1087
..... 3B
927 A "930
922
108,000 BU. WHEAT
SOLD BY ONE MAN
Walla Walla, Oct 8. This week has
been one of unusual activity In,' th
wheat market and in the operations on
the farms of the Walla Walla valley.
NOfonly did the week tee the biggest
wheat Bale on , record here, but several
other deals .were made; and the begin
ning of fall seeding.. noted as well.
In the sale of , 108,000 bushels of blue
stem and Turkey Red by George Drum-heller-
to the Jones-Scott' company" of
this clty, the largest single wheat sale
of the northwest is recorded. Toe
price paid was about 80 cents, the grain
being mostly bluestem, - little Turkey
Red being in, the .lots
Several Smaller .sales- were also re
ported at about these figures, but farm
ers generally ' are still holding for bet.
ter 'prices. 1 Club has gained on blue
stem until now there Is only , about 4
cents difference between x the two in
price, where three weeks ago bluestem
would bring 10 an-1 11 more than-club.
This it due to the ruling of the export
market wheat for that nurpose being
only about three cents different
. On Eureka Flat a pool of six farmers,
of whom three, John Webb, Ben -Grote
and Sam Smith, hold by far the largest
amounts, has been formed, and their
entire holdings', about. 160- cars, are on
the, market for a . price that is about
three cents higher than -ts now ruling.
While the definite figure asked cannot
be ascertained. It Is understood they
ask . about 83 cents, f. o. b. Eureka.
Dealers say they cannot get the price
asked; but farmers are confident the
wheat will be sold within a week. 4
Fall seeding was begun this week, and
farmers will brook no delay until the
winter weather cuts short the work.
Some of the - more conservative claim
that the rains that have so far fallen
have not sufficiently brought up the
weeds; and that they will later come up
and get the best of the grain. By far
the most of the farmers, however, claim
that the rains have been sufficient and
that there is more danger of waiting
for rains than in seeding now and tak
ing chances with the weeds.
DIVERSIFIED FARMING
. PAYS BIG PROFITS
iSpeMul DiHpiitrli to The Jnnrait.t :.'
Walla Valla,. Wash., Oct 8. From 66
acres of wheat land, returning $700 a
year, John Cochran, a state line farm
er, has transformed his place into an
Intensified farm.- This year he took
more than $1000 from: 10 acres. From
three acres he banked $348, the product
watermelons? raised between the rows
of young trees.
Mangle wurzol weighing eight pounds
each were produced on this ground,
which Is upland, and formerly consid
ered ffnnri nnlv fnr vWnat fMnrtt M.-nnr,M
.arples . ttiifL.pt5ier,, proauctswiU-.brlng
....- - jvsi tvii vaot. me iiiuvu
mark. , i . j
The land was irrigated by means of
a gasuiine ,ingm ior wniofl lie spent
$75 for fuel. Part of the land is sub
irrigated. , Mr. Cochran will plant the
whole place to fruit and feed. , . .
. ; ,
Kw Packing Plant Certain. 4
4 . Announcement was made yes
terday by Sthwarzschlld &' Sulx-
berger that the construction of 4
4 the proposed new packing plant
: here would start as soon as, the
, site is definitely settled. Accord-
4 ing to announcement the plant.
4 will, cover 20 acres, and will be
.one of the most modern In the
entire country, and - will have
capacity to take pare of the fast
4 growing 'trade of the S. & S, ,
4 company.-. The. confirmation . is
''good news, Indeed, to livestock
4 interests of the Paclflo north-
4 west -
; .;.::;V-; :i v ' ;. hy-4
PORTLAND- LIVESTOCK RUN. 5 '
' v : :i Hogs. Cattle. Sheep.
Oct. 8 ,;..2729 2115 ! 1847
Oct. 1 , 3170 2846 6660
Sept. 24 , ...-,.2774 1T19 7413
Sept'17 ,.,' 2391 2003 2950
Sept 10 .....,.,..,.3276 - 1894, 8584
Sept 3 ........1185 ; 733 2200
" By Hyman H. Cohprj.
There was much to think about in (lie
cattle market during the past week, but
first of all was the severe weakness 'of
ordinary offerings. Whils it is true
that a sale of one load of steers was
made at $5.90 thls could 'scarcely ''be
considered the market, for 10 other
transactions were made within sight of
that figure. ' It is doubtful If the same
load was offering at the same time In
the market it would not have brought
the f igufe quoted.- - -
While sellers were hot making any
statement It is understood that-a cer
tain party contracted td bring-in a load
of 1400 pound steers -at $6. When the
shipment arrived .it did not come up
to requirements of the contract ; and
therefore the price was docked lOo per
hundred pounds. -.The-lot averaged 1349
pounds and was In. excellent condition.
On the . same day' and practically at
the tame time a load that averaged
1199'jpouhds sold at .I4.69.,:-.--:.-;,'',: '
---r Medium , erteeri .Cut Best."1;.?V.:i'
.-f'illvlilla it is generally the rule S tot
killers to cry that they want lust the
opposite kind of stuff being received,
impartial interests say that the me
dium sized steer is preferable to the
extra heavy animal If Just as fat A
steer that weighs around 1200 or, 1250
pounds is considered just as good as a
1400 pound animal; In fact,-there are
many- killers -who prefeithfr smaller
animal because the steaks are not so
big. There is a limit to the else steak
wanted by . consumers and the. 1200
pound ; steer, if fat supplies all they
A few years ago the steers turned
out In some sectldhs of the Pacific
northwest were so heavy that killers
began to back away and said they were
too big for their requirements. There
fore prices need ha shaded. Now, owing
to the general scarcity of cattle feeding
at interior points, three-year-old steers
are Hard to obtain and- the ' two-year
olds fall to come ur to the reauirements
of weight asked by killers.
Tne run 01 cattle in the yaras aur
ing the week was not quite as heavy
as during the preceding six days, but
more poor quality waa , offering, this
' Hog supplies In- the Portland yards
during the week totaled 2729, head, as
compared with -2170 head last Week and
3276 head the previous wee, xnere
was' considerable weakness in the swine
pens at the start of the week, and few
sales were made even as high as 310.
Oaly selected lots brought this price.
Toward the close ot the week there was
a further Improvement In the market
and sales were made on Friday as high
as $10.15, but this . was stretching the
market somewhat and about 'the same
time transactions were closed around
$19.10. - .-. - .. : V . . . ,-.-.v.v
The weakness in the hog market at
South Omaha . yesterday . was extreme
and prices lost 15 to 25o. This put the
bulk ot tne saies at is.iuqjK.vb, wnicn
would mean $9.90 to land at the pack
ing houses in the Pacific northwest
With increasing supplies of hogs from
the east and lower prices again prevail
ing there it is scarcely in reason that
present" prices here will hold unless
there Is a radical decrease In the sup
plies or else packers get together and
. I .... a .KM .m.ll K....V.n.
to pay more ror nis nome gooas ana
thus make more profits for them on
llieiiLjwstewi-jrw.in.e,; ;l .
Bheeo and Lambs Steady. .
Sheep and lamb prices were - justj
about steadv.in the local livestock mar
ket during the week. There was a small
run during the week as compared with
recent period. Total offerings at North
L
E
(Special DIspitAh to Tbe icmrnal.)
Walla Walla. Oct 8. There Is little
doing on the local apple market these
days, the fruit growers being inclined
to hold their market 'quotations. -Buyers
say they cannot come to these, terms
and unless the orchardists goon come
down , to the "going prices" there will
be few apples purchased from here, that
tney win go to Colorado and tbe middle
west and pick from - the . barrel fruit."
Fruit growers are busy, picking and
packing their fruit-which .this year. is
about 10 days ahead of the -ordinary
sohedule..- Weather renditions have been
good for the early ripening of the fruit
and the aid in picking and packing has
been forthcoming since the end of the
wheat harvest More help could well
be used, but the orchards are not now
suffering.
From the Pomona ranch, near Dayton,
about three carloads of apples are be
ing shipped daily. This crop was, told
at "going prices'' and is now being
delivered just as fast as the fruit can
be taken from the trees. Other-orchards
of the valley are scenes of just as much
activity albeit on a smaller scale.
At Milton the wruitgrowers' Union
is crowded to Its utmost capacity, hand
ling all the fruit that can be stored in
the great; warehouses. Crews of men
and women are working night and day
10 xano care. 01 ine crop, ana never De
lore has there been as big ,a crpp to
care for. - - , ,, . -
The fruit thit year la of extra quality,
there being few diseased 'apples-in the
valley. Codling - moth are somewhat
noticeable, but not in any considerable
guantlties. .Apples are remarkably free
from scale. . . ,
LA WALLA APPLE
10
VERY QUIET
drain; thoe ;
The success of a farm deoenrls unnn it. Hrainap-p " 1 1
nrrpccfnl Afiri-.rrA .'j aaaa.a1,'.1,.4 tL.A..Al. rtrjATM TfT T
; The cost of DRAIN TILE h very small, vwhile the increase
of the roductivehess of the soil is remarkably large.
.Whyhot use the method that will give you the best returns
Write for frpp bnnlflt An iirc
LAWGE a BULLOCK, Inc.
bui iJeck Building, Portland .
- ' - & ," , ; : .
Portland during the- week were 1847
head compared, with 6560 last week and
2584 head a.4mon,th ago for a like period.
. V Week's Official Trades.'; '
Following are official trades of the
week. They represent demand, supplies
and quality offering:. -".'J.'.s'..i;f;'
Av.Wt
price.
$5.90
" 4.60
6 25
(.00
r.4.20
4.75
' 6.00
6.00
6.00
? - 4.00
'. 4.00
5.50
6.25
if. 6.25
A .. .5.25
. 6.00
25 steers 1349 '
24 steers, i.. ......... .'...1199 :!
steers
steers
steers
Bteers
steers
steers
steers
steers
steers
steers
steers
Bteers
Steers
steers
1168
1065 : . .
.. ..... .
873 S
1038 -v.
980 ' ,.
1117
940 -
. . . .
....... f.
.907,
.11661
1136 - v
1160
. .1128 .
..1073
COWS . AND HEIFERS. ,'-
25
1
45
38
34
....1120 V
-..'.JfOO',;:
14.28
: 4.00
.4.00
; 4.00
.4.00
'. ........
...100S ;
887
1015
2
968 ,
,4.00
' ;i.oo
- 4.00
': 4.00
. . 4.00 .
f.v-rj 8.00 .:
, '; 2.73
- i 2.75 '
t7 8.00 ;
-a'- 3.50 '
; : 8.75
; 3.00
t 8.00
4.00
-irrt.ti-
3.60
C 4.00
3.60 ;
; ij.so
. 800
- 2.60
3.00
' 4.00
3.90
27 heifers .. .i ......... ..
877
931 c
Dt neueiB . . . . . t .. . . . .
121 cows
...,1008?"
41 cows
113 cows
993 ;
2 cows
1 cow ,
1 cow
8 cows
1170
1100
. . . 4 .
8U
. . . opo .
1010
..,1010 V
3
cows
cows
cows
cows
cows
a
9
3J ,
4
....... .1033
2
7
15
4
6
.1160 .
.1055 v
950-3
.1120 "f -
cows.
cows
cows
cows
.1088
. . . . . 625 . . .
cows
BULLS AND . STAGS.
1 bull 4..,.. 1010 s
1 buir .....ii90,,
1 stag ................ 930' ,.
1 bull 1400
1 stag ....... ...1310
1 buii .....1530 ;;
1 bull' 1000 -?V
,. 1 stag ..... ......,... ..-1660 v-..,',
1 1 bull'.; , . JSft,.i;
, CALtES..:;.-..
46' CalVet .............. 290 -.:
11 calves i.. 150,;,,::
2 calves 125
62 calves ' . . ..... .... i . 861 .
' 2.50
':; 4.60
;?:8.25.
'Sr$8!7ft
4.OO
4.00
4,80
SHEET AND LAMBS. j
68
14.25
4.25
i 4.25
rr4.26
160 sheep ................
146 sheep ...............
. 58 .
67
T68v
208
23
202
840
179 '
118
225
270
220;
237
386
430
lit sneep
HOGS..
92 hogs
83 hogs
82 hogs
2 hogs
54 hogs
15 hogs
78 hogs
- 1 hog
85 hogs
: 8 rough
- 8 rough
1 rough
$10.15
,10.10
.,10.10
: 9.RO
9.8S
9.85
V 10.00
-10.00
. ....... 1
..........'....
?,60
9
8 rough
W i vill.
ait .
8.76,
72 hogs 236 '10.00
63 hogs 213 10.06
236
213
251
206 ;
183
277
19 hogs
; 10.0ft
. -10.00
i ) 10.00
10.00
10.00
30 hogs
43 nogs
i hogs
17 hogs
34 hogs -
241
AAA 4 A A
nogs
.126 10.10
92 hogs H .1 .' i 1 J ?5 K S110.00
- 8 hogs ....,..1...... ii "
1 hog . 470 1 8.00
General range of livestock values at
indicated by latest sales in the Portland
yards:
CATTLB Best Oregon steers, $5.50;
fancy steers, $5.25: common steers.
$4.004.40; cows, best, " 34 25; fancy,
$4.25; poor, 8.00 03.25; heifers, 34.50;
bulls. 8.00 'g) 3.25; stags, $3.764.25.
HOGS Best east of the mountains,
$10.0010.16: t ordinary, $10.00; stock-
ers and feeders. $10.60.
SHEEP Best east of the mountains,
wethers, $4.O0fo4.25; bid wethers, $4.00;
spring lambs, Willamette valley $5.00
6.25; eastern Washington, $5.2$; ewes,
$3.60(93.75. - ,; .- '''
CALVES Best, $6.757.00; ordinary,
$6.60: poor, $3.504.60. -
Overbeck &
Gooke Gorr
ComrnI$sIoK (Merchanti
Stocks, Bonds -
Cotton, Craia. tttd. ;
216-37
Board of Trade BaSdlns r
If embers Chicago Board ef Trad.
Correspondents ef Legaa A Bryas. -Cbicago,
New York. Botte.
We have the enly private wire
onn set ln Portland wttk tae-.,'-.
,-eaatera xohaogea.
;iSIpTICE:J
The- Splendid Condition
"of'PortlapdV":;';
BITUL1THIC
STREETS
: None So Good as
BITULITHIC
. '.'... ;.'t ' v-'-' .', . -' i1'- .
Warren Construction
Company
nf nPATM TTT W t ' " . '-.
iXJLJ LJIXtBlJ-"l,ll.B.UJi.Miiij.w.
60
V .