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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 16, 1911)
-THE, OREGON DAILY JOURNAL. PORTLAND.'. - MONDAY EVENING, ' JANUARY, 16, 1911. 12 TATOES IT OUT OF ARIZONA i1ARKETS Freight Rate and Cost of Tu- bers Too High Hereto Com pete With Colorado; May Be -. Adjusted Coming Season. ;. Oregon potatoes Shot Out. . Oregon potatoes have been shut out of the Arizona market by reason of the lower freight rat enjoyed by Colorado and the higher price of potatoes here, The movement to Arissona from thin state IS urually quite lib eral each, season. - SITUATION IN -A NUTSHEU. Portland. Greelev. Totatoes" $1.0(1 I .98 Freight Arizona 76 -70 , Total . $1.75 J1.G5 ' - Portland dealers have stopped shlp- ping potatoes to Arizona. because they cannot compete with Colorado Vnterests , for the trade of that season. The causa ! the higher freight rat from Port land as well as the higher cost of po tatoes. Even with potatoes selling at $1 per cental at country whipping points Oregon dealers would Btill be forced to quote 10c above the Colorado ship pers even without -counting the local . handlers' profit.. - However, at this time, only nominal amount of potatoes can bo purchased at country points at $1 per hundred pounds, the average for shipping stock ; suitable for Arizona shipment being about 10c above this. That would place a handicap of 20c per cental against ' the local trade, an obstacle which makes Impossible any buslncss'-toward Arizona for the present. i ' Railroad officials ere said to be In teresting themselves In the matter and will probably place thla market on a .par" with Colorado, but the matter cannot he adjusted In time to give the cheaper rate this season, ' j FISH SUPPLIES AHE SCARCE. Cold Weahtcr Shuts Off Receipts Ex cept Halibut and Salmon. , Owing to the extreme cold weather, .'" offerings of fish in the wholesale mar ' ket are limited and practically only two varieties salmon ., and - halibut were shown today. The latter Is firm at l!c a pound for fresh stock, while eteelhead eajmon commands 10c. There arc no oysters or clams from the coast. STREET IX WINTER QUARTERS. ' ,''.v"-'.',;:" . Wholesale District Does Business Re. , , hind Closed Doors Today. Front Btreet was In winter uuarters today end on account of the cold weather soma new arrivals were kept on the track. The regular weekly Bhlpment of ViananflK iiiame forward from Niwr ftv- " lpane, hut It was too cold this morn ing to move them , ALT; MEATS HELD FlllSt? Front. Street Arrivals limited and X Former High Values Remain. All dressed meats were held firm along Front street today. There wan j a small showing of both veal and hogs, as weu as goats ana rormer nigh val ties continue in effect. DAIRY PRODUCE SELLING. Cold Weather Causes Excellent De mand Butter 3larke( Maintained. All dairy produce Is finding a better sale. Eggs are firm at 3fic for candled ranch, while storage California Grange as high as 30c and eastern at 28c. Chick ens remain scarce and high ana butter prices, are generally maintained. . - ,- FROXT STREET QUOTATIONS. , - . Hops, Wol sad Hides. ' . HOP? Contracts 1911 crop, nvc; nom inal. 1910 crop, choice, 19c: prime to choice; into; prime, lV417c; me dium, 16c; 1909 growths, 1012V4c TJ'00Vrr?i!2;minaI- Willamette valley. 18Vi19c: eastern Oregon, 18 17e. 1 SHEEPSKINS Shearing, I026o each', short wool, 25 60c; medium wool, ' 60c$l.po each; long wool. 75cI1.25 each. . TALLOW Prime, per lb., 5e; No I and grease. 2 2 He ' .SPl7,?m BARK-1909. nominal Be; 1910. 4Hc, i ' HTDE8rDry bides. J6li4e lb., preen, H7V4c; bulls, green, salt Be lb.: kips, 6V47Hc; calves, green. k Uc per' lb. , MOHATR Nominal: 1910, 30032c, Batter, Eggs and Poultry. BUTTER Extra creamery, cubes and tubs, 85c; fane" creamery prints, 32 '. store, 2223c; eastern prints ?S2o; California. 32c. Extra picking U extra for local butter BUTTER FAT F. o. b. Portland, per pound, 32&34C. POIILTRY Fancy liens. 19 20c per lb ; mixed, 18c; broilers, 25c; old roosters 15c; yo.ur.fr, 18ft lSe; live ducks young, 22c; dressed, 25c; turkeys, alive "$.rss?6- 2Bc; P'peon. $2 dozen. ' EGOS Local extras, 36c: No. 1 3Bc' rfo. 2, 28c; eastern best, 30c; ordinary 18c: California storage, best, 28 330e CHEESE New Oregon fancy full cream, triplets and daisies, 16 no; J on ag Americas, 17 1,8c; storage s ria t s, IB e. Grain, riour and Hay. " WHEAT--Track delivery: Club 81c Muesiem. 83Si8te; fortyfold, fli'c WIl latnte valley. RSr,; red Ris1ari. Sflc i turkey red, gjc. BARLEY Pronucer's price 1910 J-eod $23t4: rolled, $262.60; brew-,- .tng. 2& (o '26.50. M1LLSTUFFS Selling price Bran 2424.53; middlings, $3i:So32; shorts 25fe;.50; chop. 19fr25. ""oris, HAYProduccrs' price 1910 Valley , timothy, fancy, $1920; ordinary, $18' eastern Oregon, $2021; mixed. $16 17; clover, No. 1. $!3m; wheat. n$ 4.Uchm fl,fa!fa- -B OATS Nominal. Producers' price FLOUR Old crop, patents $6 15 Willamette. $5.20 per barre ; local straight. 4.0Bf4.7S; baker. J4.766 16 export grades, $3.70; graham, sack , 4.fi0; rye. $5.75; bales. $3.15. ' ' , . Groceries, Snts, Etc. , BTJGARCube ,15.40; powdered. $5.50; fruit or berry, $5.50; dry granulated .C8: D yellow, $1.80,; beet, $5 30; Fe eral Frvborry, 0 less than fruit or , berry. - , ; , , Above, ouotatlons are $0 days net , HlEi-Imperkd Japan No. 1,'4Vb&6c . . No. S, lc;.New Orleans luad. 6? Sic Creole, 6fc.--.--. ' . SALT Coarse, halt ground 160s 18 50 , jnos, $17: bales; .$!?; extra fine bar rels, Is, 6s and 10s, $4l; lump rock. ' $20 0 per ton.. - ' nKANS Small hl. He: large white, $40; pink. $8.50; bayou, '.'$ .2fi 1 Urn, MV reds. t.tC HONEY New. $3 75 per esse. Trnttf an TsgsWilos. '" """" FRESH FRCXTf-Oronges New na 1 Vel. I2.W0015.7& hAc tiinimi ( )k . lemons, $3.&0f4.0; grape Irult. $.25 rlnetpplf. ',Tet lb.: "grapes, $2.00; Tapacrtnes.j $1,001.26: Jsd Orancak. BA SPUDS ARE n by cal Presence of Eel Worm Causes State to Reship Supplies; Local Market. Word coming from California that Neada potatoes may be shut out of that market this season by reason of the presence of the eel worm. Several lots from the. Sage. Brusdi state have been condemned by Call-1 fornia oficiu,ls and one carload has been reshlpped to Nevada at the ex pense of the shipper from that state. Some time ago it was noted that San Francisco potato -dealers had purchased heavy supplies in Nevada in urder to hit the Oregon producer, out with the' flpfes ence of the eel worm in the shipments their action seems to have, proven a boomerang. The potato market locally is in good condition but only for fancy stock is Die tradt asking as high as $1.60 ber cental in a jobbing way. This price has been llkewjise paid at country points for a 'number of cars of selected Burbanks for seed; shipment to be made to Cali fornia. . W. S. Broaddus, the local potato in terest who made a forecast of high prices some time ago, writes to The Journal today our prediction, bft repeated through The Journal, that Oregon potatoes were worth from $1.25 to $1.B0 per cental to the farmers, has been furfllledV They are now bringing, that price. And If the farmers were 'posted on cause and effect, as.-relates to the supply and de mand of the potato trade, 'they would remain there for thei balance of the sea son. If they wouldsell fresh at these prices it would enable the shippers to take orders at these prices for future delivery, and keep the crop moving. No matter If they can't deliver at once, the shlpnor 'has the order and the merchant at the other end will not 1 import from somewhere else. ' "But unless the farmers will sell the shipper dare not take orders even at these prices, and the merchants at the other end must place thair orders else-; wnere. i uen wnen ine iarmer gets ready to -sell the shlpner cannot aet orders, for the reason that they have gone to Colorado or some other place. The great secret of the marketing busi ness Is in knowing what the trade will stand, and in selling your product when you get It. Year after year the Oregon farmers refuse to da this, and Just as renlnrlv thev. nr mnat rf tharti. Inaa out In the end. by driving their custom ers to some other market. "potatoes are scarce on the west coast, but they are not soarqe In Colo rado, nor' east of the Missouri. Cali fornia is our only market, and thev can get supplies from those places at a maximum cost of $1.76 ner cental de livered. .' If we can get the farmers to sen at ji.za to $1.60, we can confirm orders and prevent them from going east, but we dare not confirm now, for fear they will do as they always have done, refuse to sell on a good market ana wait for a drop. In the meantime the brokers will be getting busy and taking orders from other places, which we could get today, and the drop will come wnen me mantel gets riuefl with the outside potatoes. Then the Oregon farmers will sell, "They haVe been posted this year, through The Journal, on the conditions existing both here and east of the mountains, and If they- refuse to sell when they get the top price they have themselves nlone to blame. ','As to on1ona-Jthr are no supplies In siorht that can affoct this market, it Is only a question of supply and de mand on the coast,, and as long as the growers do not curtail the consumption they can name the price." 65c bundle; pears, fl.60O1.76. POTATOES- Best, fl.40fflil.5fl; sec onds. $1.05frtil.25; sweets. 33Mo ib. VEGETABLES New turnips. $1.25; beets, $1.25; carrots, $1.25 per sack; cabbage, $1.76 per cental; tomatoes, $1.25(0)1.76 box; beans, 14c lb.; horse, radish, 88H,0c; green onions, 10 fi 16c dozen; peppers, bell, 10illc lb.; head lettuce, 55o dozen; hothouse, $101.60 box; radishes, 35c dozen bundles; celery, 60P85o dozen; eggplant, 14c per lb.; cucumbers, $1.001.26 nor bpx; peas, 12 He; cauliflower, $1 doxen. ONIONS 152; garlic. 78c per lb. APPLES$12. Meats, Pish and Provisions. FRESH BEEF--Whoiesaie slaut'htor. ers' prices: Best steers. 10llc; ordi nary. 910c; beet Cows, 910c; or dinary, &9C. UKiSBSWD mjsats Front street hoes. fancy, 12c per lb.; ordinary, 10 He lb.; heavy, 910c; veals, extra, 15c; ordinary, 14Hc; poor, 12c: extra large 710c; spring lambs, llHe; yearling Iambs, 7c lb.; mutton, 8c; goats. 2a 3c. . w LARD Kettle leaf. 6a. ISTiO ner lh steam rendered. Be, 12o per lit.; com pound, os, ii. 'ac per jo. , , OYSTERS Shoal water bay, per gal Ion, ( ); per ;00 lb. sack, $5.60; Olym pia. per gallon, $3.25: per 100 lb, sack, $11.50: canned eastern, 65c can. $6.50 dos.: eastern in shell, fl.752 per 100. HAMS, BACON, ETC. Hams. 16 B 17c; breakfast bacon. 18 30c; boiled ham, 24 25c; picnics, 12 He; cottage roll, 16c per lb.; regular short clears, smoked. 15c; backs, smoked, 16c; pickled tonguew, 75c lb. FISH Nominal Rock cod 10c per lb. flounders, 6c; halibut, 7H"pi2cH; striped bass, 20c; catfish, 12rd12c; steelhead, 10c; soles, 7c; shrimps, 12c; perch, 78c; tomcod, 8c; lobsters, 26c; herrings 6c; black bass, 20c lb.; sturgeon, 13 He lb.; sliver smelts 8c per lb.; black cod, "Ho; crabs, small, $1 ; large, $1.50; me dium, $1.26 dos.; California shad, 14c lb CLAMS Hardshell, per box, 4c lb.; razor clams, 12Hc dozen. $2.25 per box. Paints, Coal OIL Eto. WHITE LEAD Ton lots. 8c per lb.; 600-lb. lots, 80 per lb.; less lots, $Hc per lb. , LINSEED OIL Raw, bbls.. $1.03 kettle boiled, bbls., $1.06; raw In cases $1.08; boiled in cases, $1.10 gallon; lots of 260 gallons, lc less: oil cake meal (none in market). BENZINE 86 degrees, cases, 24 He gallon; Iron bbls., 2lHo per gallon, ROPE Manila, 80; sisal, 7Hc. COAL OIL Pearl, astral and star, 13o per gallon; eocene, boo gallon; elalne 27c gallon; headlight. ll18Hc gallon; extra star, 20c gallon; water white, bulk 9Hfol3Uc per gallon; special wa'er white, 17S24o per gallon. GASOLINE Red crown' and motor I88)25c gallon; R6 gasoline, 3037Hc trallnn; V. M. & P. naphtha, 15H22c gallon. TURPENTINE In cases, $1.00; bar rels. 97 He per gallon. WIRE NAILS Basis, $2.70. NORTHWEST BANK STATEMENT. Portland Banks. Clearings today , $1.H78,387.02 Year ago 1,926,517.10 Loss today - Balances today , Year ago , ! 48,130.08 169,784.58 96,622.81 Tacoma Banks. Clearings today f 703,331.00 Balances today 48,559.00 Seattle Banks. Clearings today ,. $1,690,934.00 Balances today 179,424.00 Spokane Banks, Clearings todays, -. .,T,$ 871,645.00 Balances today 3157,334.00 , New York London Silver. New- York, Jan. 16. Bar silver, 6394 c! Mexican doliar8,45c. . - m The slave does not have much Inter est In Ilia WAvl? ni AriMm 4 V. V. - " amo tmy Wliu J ".J." J LI lL.d Q lhiny ind nnvi.r fftlfljhs A ftntr ilf vmiA I. i sec- tlons that telescope for convenience handling, has been patented. in Sixty Loads of Stuff Over Sun day; Cattle Come From Cal ifornia, Nevada and Idaho as Well as Local. ' Portland Lirtstock Market. Following prices ruled here to ' day and on this day a year ago: 1911. 1910. Steers ,...$6.60 Cows 5.50 Hogs ., 9.00 Wethers 5.00 Lambs 6.50 $5.35 4.25 4 9.10 4 6.60 4 6.25 4 PORTLAND HOKM. LIVESTOCK RUN. Cattle. Calves. Sheep. Monday . .1897 1014 42 'ii 40 'io 18 1023 mturuay Friday ... 384 339 770 131 672 HIS 340 270 110 723 95 Thursday 896 ii')2 Wednesday Tuesday . Week ago 170 Sixty loads of livestock, comlna from all parts of the Pacific slope, was show ing In the North Portland stockyards today. There were liberal arrivals of cattle frrm California and four loads irom Reno, Nevada. Packers are try ing - their utmost to bring so much stuff forward at one time that the mar ket will be broken but again their plans have rtlscarried. There was another bjg bunch of hogs in the yards today but most of them wore from -Nebraska and were dut- chased direct by -local packers and did n,ot enter the trade at all. The Prlneville Land & Livestock com pany had three loads of siieep in the yards today which are. said to be of excellent quality. Among the Shippers. Cattle c F. Walker, Enterprise, 6 Joans cattle and calves; Phil Kuhl, BakeV, Or., 1 load; J. A. Kelley, Welser, Idaho, 1 load cattle and calves; R. J. Sullivan, Welser. 1 load; W. Cooper. Weiserl load cattle and calves; Robert Campbell, Welser, 1 load; Goodale & tassady, Slsson. Cal., 10 loads: Ed Knorr, Grangeville, Idaho, 2 loads cat tle and calves; J. Taylor, Cottonwood, Idaho, I load; K'raub Commission Com pany, Payette, Idaho, 1 load; J. H. Har rington, rayette, 1 load; W. M. Bevens, Payette,! 1 load;, Masterson & Wiley, Echo, Or., 1 load; H. H. Coford. Shaniko, Or., 3 loads; S. Week, Reno, Nev., 4 loads. Hogs Masterson & Wiley, Joseptt, Or i loads: A. . Mcainnls, Cotton wood, Cal.. 1 load; A. J.. Logsdon. La rhont, Wash.. 1 load; I R. Hough, by boat, 5 head; Henllne & Ohlinger, Ne braska, 8 loads; Charles A. Hunter, Wallowa, 1 load. Sheep and Lambs J. M. Pollard-, 86 head; Prlneville Land & Livestock com pany, Shaniko, three loads; R. M. Stan field. Stanfleld, Or., one load. Mixed Stuff Masterson & Wiley, Wll lowa, Or., one load, cattle and hoas. Horses S. Thompson, Baker, Or., one loan. Today's run of livestock compares with this day In recent years as fol lows; Hogs. Cattle. Sheep. 1911 1910 1909 1908 1907 1908 .1,397 , 89 . 624 i 100 . 225 . 180 1,056 1,023 706 765 75 40 150 785 $00 21S 476 1905 105 240 v a year ago ioaay mere was a rtrmer tone in hogs and the prioe was 10c higher; cattle and sheep were steady. Today's Official Trades. Following are official trades. They represent demand, supplies and quality offering: COWS. Ave. lbs. 1 cow 1220 1 cow 1180 1 cow ; 1015 2 cows 1015 2 cows 955 Price. $4.90 4.90 4.90 4.90 4.90 4.90 6.00 4.75 4.50 8.50 23 cows 1158 19 oows 1100 31 cows 955 4 cows 1007 25 cows 881 STEERS. 1 steer 1100 3 steers .,.1083 CALVES. 1 calf ... 610 HOGS. 87 hogs 223 $6.25 6.60 ffl.M $9.00 Following Is the general -range of values In effect In the North Portland yards: CATTLE qraln fed steers, best hay steers, $6.60; fancy, cows, best, $5.25 5.60; fancy, poor, $3.00 4.00; stags, $3.60; $7.00; $6.26; $5.60; bulls, fii. OU4D4.00. HOGS Best light, $9.009.10; nary. $8.95; heavy, $8.00(8)9.00. ordj- SHEEP Best yearling wethers, $5.00; old wethers, $4.75; grain fed lambs, $6.60; ewes, $4.354.75. CALVES Best, $8.00; ordinary. $7.00 (ffS.OO; poor, $3.004.50. LIVESTOCK RANGES LOWER, Hogs He Lower at South Omaha Cattle Steady to a Dime Off Today. South Omaha, Neb., Jan.' 16. Cattle, Receipts 4800. Market steady to 10O lower. Steers, , $6. 106.60; cows and heifers, $ 4.50 ( 6.50. HogsReceipts, 3200. Market steady to 6c lower. Sales, f 7.65(7.80. Sheep Rcoelpts, 11.800. Market steady to 10c lower. Yearlings, $4,70 (j 6.10; wethers,! $3.904.16; lambs, $5.86 6.10; ewes, $3.6004. CHICAGO HOGS FIVE OFF. Market Down a Nickel and Is Weak. Cattle Likewise Show Loss. Chicago, Jan. 16. Hogs, 41,000; cat tle 35.000; sheep, 36,000. Hogs are i.e lower and weak; left over 2900. Receipts a yVar ago were 30.000 Sales Mixed, $7.70w7.90; heavy, $7.85 (fi 7.1)6; rough, $7.707.80; light, $7.70 7.90. Cattle Steady to 10c lower. Sheep Ten cents lower. Lumber mens : National Bank Corner Fifth and Stark Streets CAPITAL $500,000 orncEBS K. WENTWORTH. . -i . , -President JOHfc A." KEATrNQ. . Vice President GEO. U M'PHERSON Vice President " r." ' A."'Frt KUsrXN AssTTTshTer" U RAH AM DUKEHART Asst. Cashier MI11LE HOPS SOLO At 1 9UENTS SSMisfsaisiMsw'1 ; Reported Daniels & Bishop Take Hack ett Lot at the Extreme Price. ' While the price cannot .be confirmed it Is stated, on good authority 'that the sale of 117 bales " of hops by John Hackett' at McMlnnvllle to Daniels- & Bishop of Salem late Saturday night was made at 19c a pound, the high point for the present season. ; There is a mixed situation in the hop trade at this . time. While soms deal ers say they are unable to get a re snon.se from the eastern trade, others assert that they have orders and can pay as high as 19c for best' goods. . ine nop trace is rtrm everywhere In the country although business is naturally slow at this time owing to weather conditions. Few Oregon hop holders are willing to sell at any price Just now and there fore the situation here continues nom inal. -. GENERAlliUoF LI New York. Jan. 16. Stocks opened about steady but showed a decided spell of weakness with lower prices at the closing. Only a few specialties were ex ceptions to this rule. , Norfolk & Southern declared Its initial quarterly dividend of H per cent, v American stocks were steady in Lon don, with the general market there quiet but nrm for consols. Range of New York prices furnished by Qverbeck & Cooke . Co.: 3 Jescrlptlon - Open HlghLow Bid Am. Cop. Co,,.. Am. C. & F., c. . do pfd Am. Cot. Oil, c. Am. Loco., c . . . . Am. Sugar, o. . . . Am. Smelt., c. . . . do pfd . . ." . . HH 4H 63 63 52U 117 58 41 7'" 58 41 7" 58 68 89 39 "76 104 114 75 104 104 104 Anac. Mining Co. 88 0 Am. wool, c. . . Atchison, c do pfd B. & O., c do pfd ...... Brook. Ran. T.-. Can. Pacific, c. Cent. Leather, c 103 H 102H 107 103 102H 103 102 106 102 102 106 107 76H 77iA 77 207 208 207 29 23 V 2 '28 125 28 do pfd C. & G. W.. c... 100 9 C, M. & St. P.,- 126 142 124 142 C. & In. W., c. C. & O 143 83 68 83 $2 68 82 81 68 ? 11 Colo. F. & L C. toio. soutn., c. do 2d pfd. .... do 1st pfd.- . , , Corn Products, c. do pfd Dela. & Hudson. 78 76 167 Den. & R. G.. c. 80 70 ItH 46 do pid. . . Erie, c do 2d pfd. do 1st nfd. 28 ' 3514 4514 125 135U 28 39 47 Gt. Northern, pd. Illinois Central . 125 124 134 135 19 6.4 146 Interurb. Met., c. 19 19 146 13. 84 63 32 67 49 55 . do prd. 64 L. & N. 146 Manhattan Ry. M., K. &. T c, do pfd. .... Distillers ..... Ore Lands . . . Mo. Pacific National Lead N. Y. Central. 84 84 84 58 58 49l 49 65 V I 65' 110 11104 55 109 109 N. Y., O. & W... 41 worroiK & w., c. 102 104 102 103 do pfd ....... Nor. Pacific, e . . Pacific M. S. Co. Pa, Railway P. G. L- & C. Co. P. S. C, c( do pfd Reading, o do 1st pfd.... Rep. I. ft S., e.. do pfd Rock Island, .. do nfd 90 iis 118 117 117 127 ii 26 107 107 107 31 98 156 156 156 155 82 93 81 n 93 31 41 24" S. U ft S. F. d pf ao ist ora. .. St. L. & 8. W. do. pfd S. P., o South. Ry., o. do. nfd Tex.' ft Pac. . . . 24' 116 116 Z7 63 22" 27 63 22" T.. St L. ft Wo do. prd Union Pac, c. . . do. pfd U. S. Rubber, c. do. nfd 175 176 174 37 87 36 110 110 109 U. S. Steel Co.. c 76 16 36 74 61 76, 16 35 76 61 75 15 84 74 60 do. pfd Wabash c do. nfd. W. TJ. Telegraph. wis. cen.. c... Westinghouse . . Beet Sugar . . . , Utah Copper Third Avenue . . Ice Securities . . . Cons. Gas Big Four 40 45 40 40 46 141 141 140 Railway Springs do nfd VI r. Chemical do pfd K. C. Southern do pfd .... 64 64 3 General Electric. ,151 151 150 Wheeling ft L. E. American Can do pfd . . . . , Allls-Chalmers do pfd G. W., pfd Nevada Cons. J 78 77 19 179 19 19 17B 178 United Statai Rubber ' nfd. .T-rttv per cent. Call money. 1S per cent Total sales, 406,000 shares. New York Cotton Market. HAS MER QUOTATION Open. High. Low. Jan 1454 1456 1468 Feb, ,.- March 1477 1480 1474 April ....... .... May 1496 1499 1491 June July 1495 1497 J491 Aug. J 465 1466 1463 Oct 1333 1334 1330 Close. 145261 1463(f5 14740)75 148486 1493094 149S94 1433SD94 1462(8)63 1330 1331 33 Journal Want Ads bring results. ' BtBXOTOXS" ' G. K. Wentworthv Chss. H: Russell. P. A Brumby,. lr. K, A. J. MacKen--rie, Oeorgo Ox Bingham,. Vhe?ler, Geo. J Ifc-i Phsrcon. J of A. Keat ing. Robert Treat platt. K. (J. Cra,wfordL - OCA HEAT ONE CENT LOIVER HERE: Club Quoted at 81c and Blue stern. 83o Bushel Generally JorTrack Delivery; Eastern Inters Would Retain Duty 4 4V V 4 4 World's Wheat tiarket. 4 Portland-Cash club, 81cj blue 4 stem. 83c. : ": .'''.'-'; Liverpool Wheat to Id 4 lower. j ; , 4 Berlln--Wheat Uc lower: 4 . Paris Wheat. o higher. 4 Antwerp-Wheat unchanged. 4 Budapest Wheat c higher, 4 Buenos Ayrcs Wheat weaker. 4 Molbourne, Australia Wheat 4 steady'. 4 ChicagoWheat le lower to c higher. ' 4 - Minneapolis Wheat 1 e low 4 er; May, $1.07. , St Louis Wheat otte lowr: May, $1.01. 4 Kansas City Wheat lc lower; May, 7o. " . i 4 4 4 4 4 ... . veil i. n U US U CI 111 the local market, all interests1 agreeing Plllh in nnw oinAtal)i ...4-.1 m. ti. of 'aomethtns; select may ba made a only a nominal amount of business BhAV. . V. , a T.-. . . . 1 I - " - " ucii ine Duyers ior uai- lf.Jn,a .ac.ount arft nt offering above 83d and 84c a bushel track although they recently took on soma supplies at 86c. , COats market Is showing strength and i??k8 " 20w .quU y offering T-.Uy tur 4. wnue wnjie job OATS TRADE 1 Statement of Condition , of. : , The Banlt of California, E A., San Francisco 1 Including Its Branches in Portland, Seattle, Tacoma and Virginia City At Close of Business, January 7, 1911 ASSETS Loans and Discounts ;V. ......,. Bank Premises (San Francisco and Branches) , Other Real Estate Customers' Liability Under Letters of Credit ... Sundry Bonds and Stocks United States Bonds to Secure Circulation Other United States Bonds Redemption Fund with United States Treasurer. Cash and Sight Exchange , LIABILITIES Capital Paid in Gold Coin Surphis and Undivided Profits Circulation Letters of Credit Other Liabilities Deposits ., Portland N. & CORNER SECOND 3. T. BTTXTCXaJEZJi, Asst, Uanafer. WK. A. KA.0 UAH, Manager. THE UNITED STATES NATIONAL BANK PORTLAND, OREGON UNITED STATES DEPOSITORY .C3pitfll . . . , . . . . , , . , , , .$1,000,000.00 Surplus and Profits , 800,000.00 OFFICERS J. CAINS WORTH, Pres. R. W. SCHMEER, Cashier R. LEA BARNES, Vice-President -A. M. WRIGHT, Assistant Cashier . ' W. A. HOLT, Assistant Cashier .DRAFTS ISSUED ON ALL FOREIGN COUNTRIES PAYMENTS MADE BY POST TO PARTIES ABROAD . . WITHOUT COST TO RECIPIENTS Corner Third and Washington Streets CAPITAL $1,000,000 Surplus and ProfiU $650,000 W. IC ZJUB..'. , President ZStvAJU ' COOmrOKAM... ................. Tloo .Vrealdsnt w. k. BtnroKuaT. .... - casus . B. a. KOWAXD JB... ,...,.K,...i... Assistant Cashier J. W. ASS .......Assistant Cashier WAZ.TXB II. OOOi:. Assistant Cashier bing quotations ere generally 11 ton above this In carlots. ' . I Barley trade Is quiet with little de ing with' the east. Word comes from , Chicago this morning that the big in-; teresti there were holding a meeting I to protest agalnBt the- removal of the duty on barley. This leads to the pre sumption that some' one there Is boost ing barley prices at this time and ' therefore does not ; want - the competl-' tlon of the Canadian supplies. -- The lat ' ter has a duty of 15o a bushel. Millers here are now quoted the ad-1 vanCe Of 10e a - barrel in export flour ! although some were inclined to hold back when the rise was first quoted in the north. ( f - - : ; CHICAGO .WHEAT XOSES. World's Markets denerally Lower ! and This AffecU Trade' In Pit. Chicago, Jan. 16. Wheat lost a cent for the May option at the close today, July was down c,. but September gained o. - Market for wheat was under pressure at' tne opening and initial quotations i were down to d with deferred op' tlops strongest '" Weakness and lower i pricec , abroad were the contributing I cause or the drop here ana the bearish sentiment throughout the . cash wheat trade. Mlnnepaolis reported that No. 1 Northern was lc lower to c abpve the May option. World's shipments were heavier' than expected end were: Wheat 9,376,000 bushels, corn 5,247,000 bushels. Wheat on passage increased 1,836,000 bushels, corn increased 2,262,000 bushels. Rus sian shipments: Wheat 2,440,000 bushels, Danuban, 1,922,000 bushels. American grain visible supply; , Wheat Decreased 633,000 bushels. Corn Increased 866,000 bushels. ,Oats Decreased 448,000 bushels'. Range of Chicago prloes furnished by Overbeck A Cooke Co. WHEAT, Open. High. Low. Close. .... 100 . 100 100 100 A May 100 ioo 96 98 . 4 V4 Julv 96 94 49 B 60 61 84 A 84 Vi B Sept '. ... May -, ... July .... Sept .... Mav CORN. 48 ' 49 60 50 51U. 61 OATS. 84 84 July 84 A .$27,539,450.64 . 1,144,112.95 480,000.00 . 4,048,179.87 . 4,160,103.15 . 5,050,000.00 . 285,000.00 . 250,000.00 . 13,925,025.75 $56,881,872.36 $ 8,500,000.00 .. 7,914,401.80 .. 4,999,225.00 . 4,289,072.75 . . 365,906.84 . 30,813,265.97 $56,881,8726 Office AND STARK STREETS Sept 83 ' 83 88 33 -r ' - POR& May ....1897 1910 187! 1874 Jan. .....2010 2010 197T 1977 July ........ 1866 1835 1835 IARD. May ....1018 1012 996 996 Jan. 1047 1050 1027 1027 July ....1002 1006 990 990 i RIBS. . May ....1000 1007 987 987 Jan. ...1075 1076 1052 1063 July ... . 982 982 877 977 km... Our Service Commercial Department-- ', . Wherein Check and Savings -Accounts can be '. opened r without restric . tions as to amounts. Interest is paid on Sav. . ings Accounts, on 10, 30 ' and 90 days' demand, and on 6 and 12 months' time, . certificates. . 1 Triist ' - i' Department 1 Properties of individ- uio, Bjruuu.aC9 ana cor porations administered un-t ' der special trusts, bond j issues supervised, escrows . oared for, and all forms i fit ' I ijxritimata I . , ' matters given special at tention. . Realty Department Properties bought, sold ; or cared for, strictly on commission.' l merchants savings & trust COMPANY . v Cor. Sixth and Wash. ington Sts. B You Will Find : It Very Convenient And satisfactory to transact your banking business with Ashley ft Rumelln, bankers. Our location' Is central and our service, prompt 'and obliging. Checking accounts are cordially invited. , Open 8 a. n. to Bi30 p. tn. atwdaya. natU 8 p. m. rOBT&Airn, oBsaosr. Bonds Investments Timber Lands McGrath&NeiihausenCo. kUH4 LEWIS BUILDOl'a PORTLAND. OREGON Over beck & Cooke Co. Commlsdon Merchants Stocks, Bonds Cotton. OnSS, Elc 216-iir Board of Trade Ba9d!ng Homers rhioegs RosrA at Trad Correspondents of lens A Bryaa Chicago. New fork, 8otoa ' Te have the only private wtrs . eoaneetlna Portland -ylta the ' eaotora esebaacoa, : ' . Thousands have found by Experience that there's only one REAL pave- , ment u e., Bitulithic!