THE OREGON SUNDAY JOURNAL, PORTLAND, SUNDAY MORNING, DECEMBER 11, , 1310.
Review ol the World'o Trade
. ol tlie Past Week
IUCE OF POTATOES
-ArJMT Mll iT BE?
LARGEST CEREAL MILL ON THE COAST-
simrfiDMtmsoQN
13 '
HPIKE
OFHOPSSATURDAY
Ta TOM Ckoic. , 4
"Potatoes will go to 12 per
cental before spring:, and tub will
hold until then." Leading Grow- 4
ers. V-') .vnV 1 -v : '-'' ''
"Potatoes will sell perhaps to
$l.2Sl. 60 per cental, but beyond 4
these figures the market will be ,
danserous." Prominent .local
buyrr. , " ' '
. "Potatoes will sen low after
the turn of the year, because
California dealers have pur-,
chased their requirements In
Nevada." San Francisco com-
mission man. . . " 1
.
By Ilyman H. Cohen,
Potatoes will and potatoes won't That
is the sum and substance of the guess
made by interested dealers and growers
regarding the future of prices.
That the potato crop of the Pacific
coast is short of It normal output and
that this will affect prices Is a foregone
conclusion.
How much? you would ask.
! Every dealer is guessing and f prac-
- ilcally,- every- grower has ay
guessed. There is a wide range, or
opinion betwea these interests, pur a
middle ground which the market wiu
probably reach seems likely. - .
Growers have the making; and unmaK
Jng of potato prices In their grasp this
year and whether they remain high or
fall to .a low point lata In the season
rests entirely with Ihem. '7rZrXrl
Dealers may say this and that, but
they are buyers, while the other fellow
has the supplies. - , , : ;
. .. Hera's a (fossa, Too.
f Now tf I was to make a guess and I
have neither, potatoes to buy nor to dis
pose of. and am therefore uninterested
I would say: Potatoes will sell slight
ly higher than at present after tha turn
of the year, providing growers do not
insist upon sticking up the market too
far. " ' ' - ' " '' ' ';
While the crop of potatoes throughout
the United States was estimated by the
bureau of statistics, department of ag-:
rlculture, at S28.7S7.000 bushels,, "com
pared with 376,637,000 hushels a year
so, the greatest shortage la along the
Pacific coast and in the middle west
This section will be called upon to sup
ply California with supplies. California,
n'eh is always a competitor of "this
state for southwestern business, Is prac
lEAIBISI
Chicago Market Affected by
Lower Cables, and Huge .
World's Shipments. . , ,
World's Wheat UaZktt. .' 4
4 ' Portland Cash clnb, !0 Slot
bluest-em, 8384s, " :.".':"'' ",,:-'.'"'
"Liverpool December,' 6s t&i
March, 6sl0d; May, 6slld. 4
Chicago No. 2 red. 92 HQ 94c;
December, 90c; May, 9654c; 4)
4 July. 92c. , .
4 , St Louis May, Wc.
:. . Minneapolis May. f L03U-
Duluth May, $L84. - ' 4
Winnipeg December Mfce; 4)
4 . May, 94 Kc bid. : , , 4
4
Chicago, Dec 10. Nothing In the
day's news concerning wheat tended to
restore tne waning confidence in ' its
value that was indicated the previous
two days. Lower cables, heavier world's
shipments' than were expected yester
day and domestic receipts at western
primary markets about double what they
were the year before, were too much
for an already weakened trade and low
er prices were the logical result. De
cember wheat closed c lower; Mar
and July '. - r
- Corn, affected ,by the rain and snow
n the surrounding country, was a trifle
higher at the close, having lost most of
a substantia advance it had earlier In
the day. . ?- .
' Oats followed closely " the course- of
corn. In the provlsioi) trade, there was
a very ' strong tone - with the larger
shorts on the run and prices held on the
up grade by the extraordinary bulllshr
ne5s of the hog market -
Opening wheat prices were slightly
lower. There we're delivered on De
cember contracts before the opening
180,009 bushels which accounts for the
decline of 4e In It compared with
about lie in the May. Offerings bf
corn at the start were small. Changes
Jn the weather that was likely to re
strict the shipping of corn in this di
rection continued the.' shtef to prices
throughout the session. The weakness
was caused -by the downward course of
the wheat market hut the final prices
were at :some little improvement on
thone :of Friday".
The market for oats had a firmer tone,
tnsrvired by the Improvement in corn.
7 Trade In : the "provisions market "was
of fair volume and prices were very
strong. Heavy shorts were thought to
be covering freely. , ,
Ran Re ef Chicago prices furnished by
Overbeck & Cooke Co.
, , WHEAT. '
- Open. - High.' Low. Oos
D eo 91 9H4 ' 90 90
May .... 95H 95 95
July .... 92". n , 92V 2!4
CORX. "
Dec. 45 46 44 4S A
May .... 4?H " 48 :47 42), B
July .... -4tV 48- 48:y. 48
OATS. '-I- -.
rxc. .... 31 31 . 81K ;21j
Vay .... 344 34 H (4&
July Zi 344 24 24
. v., PORK. , '-':J..
Jan. .... 1887 1912 ; 1887 1 1912 "
May ,1780 1815 1780 1815
1-H'C. .... ... 102
. " LARD." ' ,. ::-v:.'V,"
Jan. .... 1017 1U.10" 1017 1026 '
AUy Hl- ' 1007 -. . 997 1002
' RIBS. '
Jn. .... ' "995 ' 1002 995 - 997 .
. iay ..-. ' 67 ; m 1 970 ;
New
York Cotton Market.
Open. High. Low. CI?!-?1
..141 1487 1480 1486089
..1510 1614 - 1606 1614W1S
,Ta.n. i
Mar.
Muv
.1 une
July
A u g.
tel.
Jjr
..1526 1633 1522 163233
..1523 - losi , 1521 isaoasi
....... .I4yl ' 1496 148J 144'5
135011
....... U;--48it-44?4 MUggf
" Lifcrpool Wheat Market.
Tjvrrol, Dec. 10. Wheat Decem
ter, s-id; March. s 10 d; May. Ss
TO GEAR L
tl'cally out of the running for this sea
son, and Colorado is unimportant as a
competitor this year because its crop
reached a total of 6.400,000 bushels this
season compared with 10,400,000 bushels
a year ago. ;,,;::;
V Minnesota Zs Short, Too.
The potato trade of the Pacific coast
has the disagreeable habit of bringing
Minnesota into the field whenever grow
ers here ask for higher prices. They say
that unless the growers of Oregon let
go at more reasonable values than they
are now asking they will' import their
needs - from Minnesota, , Therefore let
us looki " " . ? -..-v '.:y':'r,
t Minnesota produced this year a. crop
of 9.700.000 bushels of potatoes, com
pared with 18,400,000 bushels a -tr
ago. ' This is a cut of nearly half of
last year's crop. Therefore dealers are
evidently mistaken In their views re
garding, the supplies they are going to
get from that state this season. It Is
probable, therefore, that dealers will
nave an answer something like this:
"Well, If we can't get them In Minnesota
there are other states in the middle
west with potatoes to sell at low prices."
gain a look at this year's crop would
suffice fo put away such theories.
The entire middle west section of the
United States produced 43,382,000 bush
els of potatoes In 1910. compared with
62,564.000 bushels in 1909. This is not a
very big? showing for low prices to com
pete with growers of the Pacific coast
bout That Nevada Dodge.
-One prominent San Francisco dealer,
formerly located hire, made the state
ment during the week that California
dealers had purchased COO cars of pota
toes at Nevada points for shipment to
San Francisco after the turn of the year.
A look at Nevada's crop thla year shows
Just about 600 cars produced. Therefore
according to the Stn Francisco interests
Nevada people are to be deprived en
tirely of their potatoes for a whole sea
son Just so that Oregon, farmers may be
forced to sell at lower prices.
Perhaps then, soma of the residents
Of Nevada may object to such a condi
tion. Perhaps some of them actually
like potatoes In fact statistic indi
cate that Nevada consumes more pota
toes per capita than any other state on
the coast Therefore if the report of
the San Francisco dealer regarding the
sale of the entire ' crop of Nevada po
tatoes to California is true. It might be
a humane act for Oregon dealers to look
op Nevada Interests and see whether
they actually Intend to have a potato
fast this season or else buy In Oregon
The growers of the Beaver state are not
at all particular whether they sell to
Nevada or to California or to Arisona.
.JmSmII? Po10 to sell, and the high
est bidder gets them.
General List Is Higher U. S.
' Steel Reports Show a De
crease in Tonnage. .
By Thomas C. ShotwenV
fB' Intermrkoal News Serrlea.1' ,
New York. Dec 10. Stocks were
strong In today's short session and held
some net gains at Its close. Announce
ment by the United States Steel Cor
poration that the volume of unfilled or
ders on hand at the end of. November
amounted to 2,760,413 tons, a decrease
of 111,536 tons in comparison with the
previous month, was about what had
been expected.
The bank statement Of actual condi
tions at the close of business Friday
night, showed no change of Importance
In surplus reserves, the loss in cash
being made up by a decrease In loans
and deposits. The average statement
for the 'week showed a decrease in sur-
ri1?..0!8'218'825' wlu wh loss of
19487,600. ,
The defeat of the government In Its
attempt to have declared illegal the
methods of transportation used by the
Walla "Walla, Wah Dec 10 Start
ling in lu contradiction to information
given out from other sources comes
the announcement this week that there
1s less fall grain sown in the Walla
Walla' valley than ever before In its
history as a wheat raising district with
the possible exception of last year.
In this immediate vicinity the weath-
jerjnis rau,nas been Ideal for seedina.
ana it was supposed that there was a
amviuni oi i ail grain sown. . And
seemingly authentic information gave
this out as he facta of the case. :
However, at the headquarters of the
local FArmpM1, tinfnn vMt.niAw. it
stated that the area of fall sown grain
of last year, when only one third the
known - wheat producer, "through - the
fact; that in this immediate neighbor
hood the farmers held back as long
w urey imjju vn nuuuuni ui weeas, ana
some deliberately waited for spring on
was enforced by dry weather. There
was not enough rain there until two
ago, to permit any seeding at all; and
vne (ivuim -ecu uuw in nvi any loo
wet But of course, danger of freezing
has stopped the grain sowing now.
. 'T venture to say that this next
spring will see just about as much
hi am y v ue aowea as am lasc spring.
There Is Just the same, perhaps a trifle
This is in flat contradiction of state
ments ' given out some time a pro from
various sources? but nevertheless,- it
seems to be well founded. Reports from
Eureka Flat state that little grain waa
put in the ground there, and many
farmers near here did not sow -on ac
count of the weeds. -
Grain In the ground is doing fine,
with the aid of the warm days of this
week, and is making good growth. It is
in better shape than at a corresponding
period for many years. But the fact
that so little has been sown is worry
ing many farmers, who etate that spring
sowing has always proven uncertain.
-"With another year like this one, we
would have lust the same results, a
short ' crop. However, the dry season
this year was abnormally long, and I
see no cause for worry as yt We
will get enough moisture this winter
bo that with a normal precipitation
during the spring- and summer, wheat
KlFhfr,m?,rkSt flule .all weeic there
being little doing aside from a few prc
noliday sales that always come at this
time of the year. But dealers are not
anxious to buy and farmers are not
desirous of selling. " . ; '
WALLA ILIA SAYS v.
LESS FALL SOWING
Grants Pass Cleaned Up Kla
bor Takes Over 1800 Bales
During the Day. . s
M
4
' Sops ia otowsrs asds.
-, 1 - Bales.
1910s .'..,.;..;.'.....:.;.. 5.200
1909s ,.;;..,. ...... . $,727
1908s ...,.....,,.....,.., 426
1907s ....s 1,193
1906S , 1.J44.
p, .V4
...15,389 .4
Total a........;.;,
All the hops In the Grants Pass sec
tion of Oregon were purchased yester
day. All the lots wei-e taken by one
firm with the exception of a lot of 224
bales that went to another party.
The big blocks were taken by Klaber,
Wolf A Netter and the single lot bv
McNeff Bros.. The purchases bv the
Klaber firm; consisted of the Flanlgan
& Cornell lot of 376 bales. C. E. Weston,
91 bales, Horace Moses, 90 bales and
several small lots that aggregated ZS
bales. Bosidea these purchases Klaber,
Wolf & Netter purchased 81 bales from
Antone Cone at Aurora and 84 bales
from CriHsell Bros, at the same place.
McNeff Bros, purchased the DeArm
ond lot of 22 bales at Grants Pass.
Klaber look 126 hales from William
Weston at Forest Grove and 650 bales
in the Yakima district besides perhaps
600 bales from other local dealers.
The purchases made by Klaber are
therefore the greatest for one dav in
the local hop market by a single firm.
The- deals indicate that brewers are
getting rather short of supplies and are
preparing for the next years' brew. '
, All told, ft is now estimated that
there are 6200 bales of hops remaining
in the hands of Oregon growers of the
1910 crbp, 6727 of the 1909 crop, 426 of
1908, 1192 of 1907 and 1844 of 1906, a
grand total of all growth In growers
hands here of 15,389 bales. - f
The price paid by Klaber as well as
McNeff was not made public but it is
understood to be better than 13c per
haps 13 He.
anthracite coal trust furnished the in
centive for a sharp rally late in the
week, after prices had been broken se
verely by several professional attacks.
This recovery, however, created no en
thusiasm and the week ended with trad
ers very much at sea regarding the fu
ture of tha-market.- , ... . .
One thing that caused much concern
was the sale of investment stocks by
small holders. .The bear party is k bo
strong and so persistent that It is be
ginning to influence the general public
and despondency Is taking the place of
the optimism that prevailed a few weeks
ago.-. ';: "-I h. ...(..v,;.v,i,'o:iivi,.i.
President Taft's message ' contributed
to the feeling of unrest because it seems
to contain no stirring note of hopeful
ness. Its publication early in the week
was toe excuse for a decline in the mar
ket Tha : public did not accept the
message in tha same spirit as did th
professional trader, who had it a week
In advance The only hopeful, thing
about the message that the public
seems to see is the president's sugges
tion that further anti-trust litigation
be dismissed from consideration and that
the laws already passed be tried out
While this policy on the part of v the
president would seem to be a victory for
the Standard Oil forces and others who
have been trying to check drastic ac
tion by the government, there is no evi
dence yet that the Standard Oil people
are satisfied. They are the ones back
of the bear party in Wall street They
have sold freely themselves and have
advised the sale of stocks ever since
September. The Morgan party has been
either optimladc or, at the worst non
committal ei the market
Range of New York prices furnished
by uvernecK & uootce Co.:
Description I Openj Hlgh Low Bid"
Amal. Conner Co.i 64
63
50
67
36
1
74
64
60
Am. Car & F. c 60
I 60?
ao jra
Am., Cot. OH. o.
Am. I,oco., c...
Am. Sugar, c...
Am. Smelt, c. ..
do pfd.. .....
Anaconda M. Co
Am. Woolen, c. ,
Atchison, c". ...
do pfd. ......
Baltl. & Ohio, e.
do tfd
114
69
37"
40
32
69
36U
i t t
74 ,
'ii'i
Si
115
74K
104
89
S7U
40
31
00
100
ioeii
100
100
J100
106
101
106
165
Brooklyn R. T.
74
74
a (
74
89 ,
74
Canadian Pac,.c. 192
Cent, Leather c. 30
do pfd.,..,,..
Chi. & Gt W., c. 22
ChUM. & St P.. 122
193
80
"22"
123
143
80H
66
'72v
162
192
30
a
22
30
HI
22
123
122
ChL A N. W a
142
141
Ches. & Ohio.,..
Cola F. & U e. .
Col. S'th, c . . . .
- do. sec. pfd . . .
do, first pfd . .
Corn Prod., pfd
Del. & HudV
V. & R. a, c ...
do., pfd
Hfrie, c ....i.i.
; do, sec pfd .
do. first pfd.
Gt North'n, pfd.
Illinois Sen ,. ...
Int'ban Met, c .
do pfd .......
L'ville & Nash. .
Manhattan Ry
M. K. & .TH c...
do., pfd, . . , , .
Distillers
Ore Lands .....
Mo. Pacific ....
National Lead..!
N.- Y,-Central
N. O. & W...
N- & W, c.....
do pfd . ......
North. Pa.; e, v .
P. M. .8. C.'.,.
Penn. By,....:.
P. L. & C. C.
P. 8- C, o . . , ,
do pfd ..'.;
Reading, c..,..
do 2d pfd ....
R, 1. ft 8., c...
do pfd ......
Rock la. . c. ., . .
iv Hrt TtA
7
U"
79
68"
72"
Vl
66 '
68
72
77 U
164
163
163
69"
28
69
.
69
25
45
69
27
a
44A
44
122
1131
122
it 1
19
64
130
19Vj
64
143
143 .
U42
142
138
31
61
32
65
45
62'xi
32
66 ,
46
65
112Hl2
112
112
i
40
IP
7
1
7
tt!4
114
i8
11 4
3014
128
129'
'26'
'ao'
ii8
'ii'"
. . .
39
'25"
20
30
93
92
31
94"'
9$
39
60
24
62
147.
144
ii"
29
'39"
25
ii".
'i
'24
St L.&8. F. 2d pf
ao isi pia: . . .
St L A & W, e.
' do pfd .......
S. Pacific, ...,
8. Railway, e.i.
Texas & Pacific.
Union Pacific, c.
U. 8. Rubber, o.
An rf1 ,t. .
114 v.
114
118
113
24
25
169
P70
168
170 v
. i . , .
110
74-
82
110
109
109
U. 8. Steel Co., c 73
72
78
116
16 'i
65
9
77
45
18
67
89
4
10
17
133
62
"'62"
121
31
65 "
154
6
ao pia . . . .
Wabash, c...
do pfd . ... .
W . IT Tola :
116
116
116
1
to"
16
ii.
66
14
'76 V
66
67"
Wis. Central, f 65
American .Can; .
do. pfd.
a. w. pfd......
Nevada Cons. . ,
Westinghonse .'.
Beet Sugar ...
Utah Copper . .
Third Avenue .
Ioe Securities
Con. Gas ......
:t!4
77
44
"Y
39
46
88
45
18U3S
Big Four ......
a.'- iieiiiicar
"2
'6
K. C, Southern,
31
80
IH J. 1 1 1 1 1 . . . .
Oen F!rtr1i ...
154
154
163
Wheeling Lake
Total sales, 255,600 shares.
r . S
.-:..::..:.'...'.:....:'.. .:.-:,: : . ....
,' :": : .( i
( . ......:. ' " ..... :
; , . i
wmiM'M , ; i - vmm&rimMMi t
C Jlltilp:;l': -
" llllill:!'..f..:t ' "liP:HtgIl'
l Hf Ivl; - '
'ir ; ! :
:: if- r ' '
y
Plant that AJbera Bros, are completing on the Portland water front;
COMPETITION MMES
BMLEY TRADE HUM
. Weekly Crop 2teport. , 4
; Durtng'the week there was 14
4 good taste of- wintry weather at ,
4 Inland Empire points, ; ami the .
4 wheat crop is standing stilt The 4
growth made 10 date has been 4
4 satisfactory in practically every ' .
4 locality, and the crop goes Into
4 4 the winter with the best pros
4 pecta In years. . ,'
' "By Hyniasi H. Cohen.
Comnetltlon Is one of those little con
ditions that is a citreall for, most of the
Ills of a stagnant market
Up to the time that eastern Interests
started to purchase- barley in this mar
ket there was little or no demand from
the outside ' for the Pacifio northwest
product -In fact there was stagnation
in the barley trade all alone; the coast
, Just allow an outsider to come Into a
market and then you start things agoing.
The trade in. barley was so dull and the
price so weak at northwest points prior
to the arrival of the eastern orders
that California was competing with our
growers : within a " few miles of their
homes. 1 This condition was unheard of
In previous years., j i t , y
Neither was it a natural condition.
The barley crop of the coast was not so
big that; stagnation should be shown.
nor -were sucn low prices justified as
recently ruled here and In the south.
The trouble with the market was that
the big people had sold barley short at
rather low values, and as most dealers
were afloat in the same boat none cared
to Did up values. . XT.ls condition ex
isted until the eastern orders for brew-
Ling stock arrived. Then the market
suddenly became firm and started to ad
vance. It has been firm since. - -
, - Helps the Oats Trad. T
The advance and stimulation. of the
market for barley has helped, oats trad-
Crop, Advance From Republic
Overshadows AH Others in , -the
Chicago Market..
" By Joseph PritchanL
' r the laternational News 8enrlre.i V
Chicago, ' Dec., 10. Wheat bears en
joyed another Inning in that market to'
day, final prices showing losses of
. The news from the Argentine re
public overbalanced all else in th wav
of bearish help. - Cargoes of the new
crop were being offered In Liverpool
with a lower level of prices and .the
more deferred months were under con
siderable pressure. The quality of the
new Argentine grain Is reported as of
line quality ana nan to one pound a
bushel heavier than the crop of last
year. Many of the longs in wheat in
the Chicago pit were again on the sell
ing side because of the rapid progress
now being made in the Argentine har
vest where weather conditions could
hardly be better. The demand for wheat
was poor save on the sharp price dips.
The price of wheat in the old world re
flected the increased offerings of new
crop from Australia, as well as new
crops from exporting countries. - .
CHICAGO HOGS TEN 1
: CENTS UP IN YARDS
Chicago. Der: ' : 1 0. RueiniitTi,
11,000; cattle 4000; sheep, 2000.
tfogs are 10c higher; left over, 19,000:
teceipts a veae aeo, 12,000. - f -
Sales Mixed, $7.40 7.80; heavy. $7.66
7 so T w -ilsnt $i.45
Cattls Steady. . ,
: Sheep Strong. .
HOGS DIME HIGHER
" IN OMAHA YARDS
South Omaha.. NeK. TW ia r.in.
none. . - i ,i ...
tTHogs 3800; market 10c higher; sales,
f.l''ei,62-ArUn,f8' 4.785.15;
Wethers. t1.7Sn4 SS- lnmha lEliaiar
ewes; $3.603.86. '
WHEATPRICEHITBY
H NEWS
dull nor stagnant as the barley market
turn otoouii, mere nan peen oui
call to date from the . outside 'This
therefore has called for a movement
from tha fnt, nnlv tfN.U.I .a
. . . u -All J DU11IV.I c, v v OUJ
plythe wants of the local trade, which
AS SOOn nn Ihn h.rUlr marV.) k... m m
-- - u bu iw
stiffen there was a corresponding in-
ini,v hi BtcauuiBBH in me 'oais traae,
and sales , have been . made recently
around $28 a ton for No, 1 white and 227
Perhans .'the nivt KnniliHn. j
roads at country ; points have much to
do with the decrease in the arrivals of
barley here recently, but it is generally
"" ' ium me euirer oarley price
has caused farmers holding oats "to re
tain their supplies for a while.
v Wheat Advances and tosss.
Wheat market , advanced -and lost
practically all its improvement during
the past week. - Sales were made during
the week as high as 83c for club, basis
track delivery tidewater, valthough the
general quotation failed to move above
82c. Later in th vulr th n,t.t
2o of this, and was not any too firm.
x.jluc 4 usb in ue wneat price was due
to recent cables from Argentina telling
Of more favernhlA muf n tha
As a result of the latter condition there
consiaeraoie weaKness and price
loss at Chicago, lverpool and conti
nental - rfltl t mra .M . ill
brought about a lower price for cargoes.
Tn turn ti. Imon. i . .
iCu" t 7, " pr.ee Di-ougni
this market down. v
. ';?'-.!, rlonr Holdlnr rirtn v' a:C.
Market for flour is holding firm, not-r
withstanding the latest decline in the
priceof wheat Millers Of best known
brands, are holding export at $3.50 less
usual discounts, although thw. h km
a tendency among millers of the lesser
anown Dranas to snade this quotation.
This, however, is a usual
does not signify anything except that
the flour makers tre willing to cut quo
U 11 k1 order t0 "et r,l of stock they
' Boston. Mass!, Dec 10. The local
wool market Is making time as Is usual
durinar th closlnv tnnnth nf ti. ....
There Is stfll quiet trading, however!
biiu v&iukb uwii meaay, wnue tnere Is
an undertone of firmness and conft-
H on f. . A vmrimtv ret IwHtAm J , . i.
r . .v...,vT anu tunn
ing wools has been sold, while. strlctlv
di.ii miinriji in in ui. me range ot
prices Is , from 18 to 1 9e and from 1 8
to 18c according to sections from
which stocks draw. '
frKONT STREET QEOTATTOXa
'M' liV i!it-it?'-W:y. "" .' 'WiH ',i4'i'lWi4
Bops, tVsol and actdss.
' HOPS Nominal.. 1910 crop, choice,
18e per Ibw- prime to chofco, liy-e;
prime,' 12c; medium, 11c; 1908 growths.
1 IK . ........ . . . ..'
iV.WOOirNominsJ, 1110, Willamette
valley, ltvivc; eastern uregon, 139
17c
SHEEPSKINS Snearingi 0 fl) 2$e
each; short woo!, 26S0o; medium
wool, I0cfl.00 each; long wool, 76eO
$1.25 each.
, TALLOW Prime, per lb, 6e; No.
$ end grease. 23Uo. H
CHTTTIM BARK 10, nominal. v 6c:
If 10. 4 Ho.
v HIDES Dry hides, 15Oiee lb;
green, (7tte: bulls, green, salt, (0
lb.; kips, 6H7o; calves, green. 130
ue per id. ,,.:-
MOHAIR Nominal: 1810. 3Me.
Bntter, Sggs and Poultry. - t "
' BUTTER Extra creamery, cnbes and
Sjbs, S7c; store, 2426c; eastern prints.
BUTTER PAT V. b. b. Portland, ptr
pound, 343Se-lb. ,
POULTRY Fancy hens," 1 60 per
lb.; spring, IS9I6M1C; old roosters, 12c;
young, 14c; live ducks,-young, l718c;
old, 16c; turkeys, alive, 17c; dressed,
20r2c; pigeons squabs. $2.80 dosen.
- EGGS Local extras. 42c; No. 1. 42c;
No 2, 28c; - eastern best, S035c; or
dinary.' 30c; i California storage, best,
80 40c. ...
CHEESE New Oregon fancy full
cream, triplets and daisies. 1617c;
Young Americas. 17 H 4i18e.
Grain, 3flovr ana Bay.
WHEAT Track delivery, club, 80
81o; btuestem, 83o; fortyfold, 82c; Wil
lamette valley, 83c; red Russian. 79c;
turkey red, 82C. " '
BARLEY r5'0ducers,price--Tj 910-..
foeJ, $21.00 21.50; rolled? $23.60: brew
lug, $22.80 28.00..
MILLSTUFF3 Selling price-i-Bran.
25,mlddllngs. $33; shorts, $27; chop,
HAY ' Prodo-era' price It 1 0 Val
timothy. fancy, $20.00; ordinary
$19; eastern Oregon, $22.00; .mixed.
BOSTON VOOL SHOWS
; RATHER QUIET TONE
M.' -.j,.. ."-.--v -.'T " . J, f.
., amWM4MMMWS ''It.''.
Livestock of Week. 4
Hogs Market unchanged, but 4)
steady. - ' ' .
Cattle Steady tone; heavy'
4 stuff In. . . 4
Sheep Only fair tone. ." 4
PORTLAND LIVESTOCK RUN.
Hosts Cattle Calves Sheep
Dec. 10 ........ 690 969 236 f!58
Dec. 3 .1244 1179 ' 118 6531
Nov. 26 ........ 985 1700 22 60S2
Nov. 19 2219 1569 ,U 4217
Nov. 12 .1554 2243 , ... 8768
Dy ITyman II. Cohen, '
Higher prices may he ' expected for
hogs and cattle . by shippers, but the
outcome of sheep values remains very
muen in doubt , " .
Decreasing" runs' were shown in the
local livestock market during the week
and had this happened any place but
Portland U would likely nave ' forced
prices "higaer. -. - ; - i . : t
The livestock trade here Is rather
slow about making advances in quota
tions although It Is not at all backward
when it comes to slashing values There
is.-' notwithstanding this, a better market
for livestock here than elsewhere be
cause the small fluctuations of other
places go unnoticed" at Portland "and
therefore, generally speaking, shippers
get the benefit of this.
Advance Hay Be Expected.' ,
It is now generally acreed. even bv
packers themselves that the recent drop
in the price of provisions was far
greater than Justified. Therefore an
advance-is due. -This-situation was
fully summed up in The Journal two
weeka ago. ,. .-; -
ihere hs been a sharp decrease in
the run ui hoes all over the cnuntrv
and this has forced a reaction from the
low price at eastern and middle , west
centers, and still further advances are
forecast there. -. r
Total run of hoes here for the week
was only fractionally more than half
last week's showing, but still a few
head more'than the week previous. - As
compared with a month ago this week's
snowing m tne swine market is smal
Indeed. . . '
s Blff Cattle Jfrom California. ,
There appeared in the cattle market
this week the heaviest ; animals ever
seen -In the Portland yard. - A single
load was shipped from Gaselle, Cali
by Goodale & Cassidy. Frank M. Lacey,
who made; the purchase of .the stock,
says they are the , heaviest he ever
saw. Six of the animals averaged slight
ly better than a ton each, and the qual
ity was good. - i '
"There was a decrease in the' run of
cattle In the yards during the week. A
total of 969 head "came forward com
pared'wPth 1179 last week. 1700 ithe pre
vious week and 2243 a month ago, 1
- The decrease in cattle shipments was
as marked as the decrease in offering
of poor quality. Present indications are
tnaf tne run or poor sturr is about
over' and better quality and a better
general range might be. expected.. here
after.-... i''.,,M".bv5 1 ,;. yJif.', i,w,...; ..
Showing of Sheep Decreased. . -
There was a decreased 'showing- rf
sheep In the Portland yards during the
week. , A total 01 head was re
ceived, compared with 6631 last week,
8082 the previous week and 8758 a
month ago for a like period. There was
merely a steady tone In sheep most ot
the Week and at periods there was a
tinge ot weakness apparent in the -trading.
' ' :-"V't"-'-,.:-,i.,,--:'..-v',.
Tast week's run of livestock compare
with the same period in recent years as
follows: Vv:-' ' -'""-.:.:""- "v.----v
- :'.:-;:,''Bog.V. Cattle.J Sheep.
1910... 690 1205 Vv 1958
1909. ;.,..... 1619 1090 2843
1908. 1801 1478 : 01697
1907.;......,,, 751 w' C40 . 420
1906..,,....,.. ,716, 996 , r 898
1905. 666 - :339 632
A year ago for this same week there
was a firm tone in all lines of livestock
with hogs and sheep advanced..
Week's Official Business. . :
- Following are the week's sales. They
represent demand, supplies and quality
offering: . .... ,; .... .
$14 (S 15; clover. No. 1. S13C714; wbat
1S14; cheat $1416; alfalfa. $130
14: oats, $13014. . .. , .... .
OATS Nominal,- producers' " price
Track. No. 1 white. $27.60 28.00; gray,
$26.BO27.00. . .. .
FLOUR Old crop, patents. $6.1$;
Willamette, $6.20 per barrel; local
straight $4 06 4.76: bakers. $4.7506.16;
export grades, $2.60; graham, VL sack.
$4.60; rye, $5.75;vbales. .$S.li.
Qrocerlee, 3ms, Etc '
SUGAR Cube $6.40; powdered, $6.80'
fruit or berry.' $5.80; dry granulated,
$6.80," D yellowT $5.10; beet, $5.60. Fed
eral Fruoerry, M less than trult or
be.ry. ' -
(Above quorfjons are 30 days, net
cash.)
RICE Imperial Japan No. 1. 4H05ci
No. 2, 4c; New Orleans head, 614 5 7c:
Creole. 614 c. 4 , w '
SALT Coarse Half ground 100s.
$3.60 per ton; 60s, ' $9.00; table dairy.
60c $18.00; 100s. $17.00: bajea. $2.28
extra fine barrels, 2s, 5s and 10s, $4.00
5.00: lump rock, $20.60 per ton. -
BEANS Small, white, 4ttc; 'arge
white, $4.40; pink,' $8.60; bayou," $6.26:
Llmas, $5.80; reds. $6.26.
HONEY New,, 83.76 per case.
Prnlts sad Vegetables.
OTATOES-New, $1.25L40; tweets,
' Vki&H FRUITS Oranges -New na
vels, $2.2502.75' box; bananas, 6e lb.:
iriuuiin, ii.'i).dv grapv irun, IS.7bJ
Ineapples, 67c lb.; grapes, $1,000
.60: pears, $1.7502.00.- -
BH.KKI c.a HucKlberries. 7c.
VEGETABLES New turnips. $1.26;
beets, $1.26; carrots, $1.25 per ' sack;
cabbage. $1.00 1.40 per cental; toma
toes,: $1.0001.60 per box; beans, 12Vo
per pound; horseradish, 80 10cr green
onions, 10016c dozen; ; peppers, bell,
406c per pound;' head lettuce, 60070c
per dosen, hotlKHise, 75r$1.0O per box;
radishes, lO012o dozen bunches;
celery, 6O086o dosen; egg plant 10c
per lb; cucumbers, $1.0001.25 per box;
peas, 12 c;. cauliflower, $1.00 dosen.
ONIONS $1.4001.50; garlic, 708c
per lb. : '
APPLES 75c 0 $2.60. 1
Meats, rten ana Provisions.
' DRESSED MEATS Wront street hogs,
fancy, 10c per -lb.; ordinary, 10r
per lb.';' heavy, 9c; vestls. extra, 130
18Hc) ordinary, -12012c; poor, 10c;
extra large, 7010c; spring iambs, llc;
yearlings lambs, 7 o lb.; mutton, 8c;
goats, 203o. .
OYSTERS SVj!water bay. per gal
lon, ( ); pef'100 lb. sack, $5.50; Olym-
?ia, per gallon, $3; per 100 lb. sack
9; canned eastern, 65c can; $6.60 do&;
eastern in shellr $1.7502.00 per 100.
LARDr-Kettle leaf, 6s, 14 He per lb.
steam rendered, 6s. lic per lb.; com
pound, 6s,; 11 o per lb. " .
ORAIM:MEIIiIE -
The success of a farm depends upon its drainage. " . -"
Successful drainage is accomplished through' DRAIN TILE.
The cost .of DRAIN TILE ik verv small.
of the productiveness of the soil is remarkably large.
Why not us the method that will five voo the rwt retime
for your money. . ..
W rite for free hooHet on ties of DRAIN TILE,
LAWGE d BULLOCK, Inc.
. . . bOl Beck. Building, Portland
STEERS. ' .
'-,. 1 0 U 8 ,
...... ..1066
1110 ,
785
.............. 997
1115 "
A ...... 1228 V
,,..,.........1110 ;
785
...... i ...... I. 997
,,.........,..,1081
..............1212 v..
.1108 '.:';,
1.; , ... . . . ... , ,2115
't ....2060 ,
1088
Price.
. $5.75
;- 4.70
M
' 6.00
.00
5.35
"' 6.26
5.40
'. 5.00
S- 4.00
6.S6
5.35
;i: 4.85
.,,..4.25
- 5,75
6.50
4.S0
; $5.26
i 4.50
' 8.00
126 steers
29 steers
15 steers
, a steers
2 steers
8 steers
26 steers
15 steers
2 steers
2 steers
8 steers
8 steers
$8 steers
. 9 steers
1 2 steers
2 steers
13 steers
cow .........1280
cows . . . . ,..,., , . .- 986 ':i
COWS yy..',.,.,.:. ,,,.,;,!i20 S
cows- - ,..,.. 958 i'i;i
COW ': V .... ... .... . . . . . 1 1SO
i 4.00
8.60
4.R0
cows ryiiV. .;-. ti. .1058,?
cows
.1060
4.25
V 8.75
; s.oo
; 4.15
4.75
4.S5
. 2.0A
8.75
4.00
4.50
. 4.25
$4.50
V 4.00
, 3.25
i - 4.60
8.75
a- 4.00
: 4.15
' 4.75
ii. 4.25
4.40
-4.fl
:; 2.00
cows
cows
cows
cows
.......... 1073 i
.. v.. 1230
..Vi......,i....l056 V
' . ...,.. '. l, ,". 1 1 $ 5 i
..... mm-- 1040
';...,.....,. mj
-......s.. 920
1075
.U,.,. ...... ..1280 ;
a 866 J'
....... .... .. i.1181 J
. , v . ... , . j . . 1030
....... .1032
...............1140
998'.
................1180
- 917
..;..-ao4t-;
9 cows
13 cows
"10 cows
' 2 cows
1 cow
. 3 cows
. 12 cows
6 cows
.' 5 cows
12 cows
-17 cows
. 1 cow
i: 4 cows
17 cows
z cows
iftafee OZtJ
cows
eows
s ' j a
970
84ft-
. . .
cow
760
STAGS AND RtII.T.H
1
1
bUH ...,......,... 50
bull ..1070
bulls .............. 1080 r
3.25
3.25
2.75
6.00
4.5'
3.80
3.75
8.60
. 3.50
.. 3.75
-V 3.00
' : 8.75
3.50
3.50
$7.00
. 6.00'
7.00
6.50
, 4.50
6.60
8.6l
6.50
6.50
. 6.00
$8.00
8.0U
s.o
7.85
7.00
8.00
; s.oo
" 7.80
8.03
8.00
8.0t
8.0J
' 7.00
2
1
1
1
siag I840
stag ,.1780
bull ................1390
I
T
1
pu ....,...,..,,...1920
b 1670
bu 1 ........1550 '
hull itiA
1 u . 1340
. 1 bul ,...1800 .
2 bulls ..1500
2 bulls .. ......1490
CAI.VF.SI. . ; 1
I'calves : ,...4..,".....,,
1 calf .,..,.
-.; 5 calves .......
4 calves ...
$0 calves .,;,.,.,
17 calves
16 calves , ,
1. calf
7 calves ..............
t'i calves ..;,.........
200
490 .
490
232
402
186
635
250
210
800
198
160
d nogs ..V.
8
80 hogs
60 hogs
, 1 hnv
153
229
200
1 '4 S) J ft :
64 hogs
210
213 VVt.
'240
188 .
228-;u:C
171 '
nogs
73 hogs
.7 hogs
28 hogs
39 hogs
70 hosra
',;; i 4 f
11 5 rouirh heaw i..L:.i;j40
- SHEEP AND LAMBS.
160 lambs? ; i t .' .':.,.,' ..r"8' ;
RQ l.mh, 1 07 1
"t $5.35
6.35
4.85
4.25
4.50
305 lambs 70
ou tamos ........ 61.
Ill mixed ,...,.., .,,,,117
9ft lomKa ' It
' General range of "llveatockrTprtoes 'as
Indtoatoil hv th tatt !.. In (k. Dn.
6.75
land yards: . - - .
CATTtj-j Best Oregon steers, $5.65
0$5.75: fancy steers, '$5.50; 'common
steers. I4.0O4i4.60: . ntm. hM ii nn-
fancv. 14.50. oor. 23.00ia.?K! hif.r
84.60 fi 5.00; bulls, $2.00 3.76:" sUgs.
$3.00i3.25.' " -' ...
HOGS Best light $8.00; ordinary.
and feeders, J6.008.00, . -
SHtti- jet yearnnc withers, 14.50
'vv, vm TTCVimiOt 1.VVI', f O. BprillK
lamhl WlllAmAtfsa Vttllsfrv t C A .4A
. ..... ""V vw.vw. CdfltCl H
Washlngtoii, , $M0675; -ewea, f3.t)0
4.OU. f ' '
CALVES Bert 17.00: ordlntirr. til HO?
poor, $3.60f4.B0, - , i
Convert
unproductive
estate
Into marketable
- - residence - ;
property by
1 paving abutting ,.'
, streets with ; -
BITUtlTHIC!
Overbeck &
Cooke Co.
... .y; -
Comnfsslcn Merchants .
Stocks, Bonds '
Cotton, Craia, tx
216-217
Eoerd of Trade SuHUn j ;
Members Chicago Board of Tra4 ,
Correspondents ef Utu Bryan,'
Ch tease, New Terk, Oonea.
W have the eolr rtvat win
' aennectlns Pertiand -vita the
" y eastera axebaag, ' ; ; ' y '
rea
-V