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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Sept. 22, 1912)
THE OREGON SUNDAY JOURNAL PORTLAND, SUNDAY MORNING, SEPTEMBER .1912. Edited bv Hyman H.Cohen APPLEGROWERSTO WAYS OF THE FARMER By J. E. Murptiy ilium 1 BY NEW BUSINESS IIIIII 8 Tr (T- ' .,. n - COMMISSION fOLISE nnTiMiPAi ninrp iTiwrn imoTnirir Ul C A 1 111 ataaVmi inurr : iirii Tim Tim It7FA .miDiMP-TUCUirw hiiiiot or nuAmnrni ON CIS ntmw&-' uuninu iiiliilli hiuoi ul unHiiULU Old Style System Cheapest Method of Marketing (to-. .'. ijuce, But Country Interests . Clamor for the Change. - As a business, the produce commission trade is passing. While practically all produce houses that wholesale to the retail trade sjill call themselves xom mission firms, there are practically no places in Portland at this time that are 'run strictly on a commission basis. While the disappearance of the com mission house may be reg ardod by some s a very pood omen, the fact remains that the commission trade has been a wonderful help in the cheap marketing of the product of the farmer. - The death knell of the strictly com- .mission houses has already been 'sounded. Modern methods of business, -wlthJUielroreextravagantcosU are really marketed the goods with the least possible expense. -Speculators to the Trout. The commission business Is giving " Iway to the speculators. Seemingly the 'man who takes his chance is the one 'that is in most favor with the public i generally. , Old System Had Abuse. There were abuses under the old commission system of selling that .caused many to turn from it in dis trust but one or two crooked dealers .would be sufficient at all times to five a very bad reputation to a hundred jflrms that were trading on, the square. ' Misunderstandings and Ignorance of -conditions that xist in the marketing (of produce in the city had much to do .with the disfavor into which the com mission business gradually worked. A producer would ship a dozen boxes of apples which he would honestly believe - to ba the best that could be produced but when these were placed on the mar- . 'ket alongside of the product of other sections, the quality would look less favorable. This would cause the pro ducer to believe that the man In the city 'was trying to deceive him and much ill feeling resulted. The same trouble would apply to the weights of produce. For instance a farmer shipping several coops of chick ens to market by express would find that the weights he secured from the express agent did not tally with the ones obtained from the commission agent This seemed to him a pure case .of theft but it was probably nothing of the sort, unless a very heavy loss was - shown. There is alwayB some shrink age in the weights of stock while in transit Then again it hat, been the custom of many country express agents to estimate the weight of a coop and ;bilr it as such. Naturally when the coops arrive, the shortage is discov ered. However that does not appease the shipper who believes that he haB been buncoed. t Jrew System More Costly. . Speculation has practically taken the jplace of the commission trade and it is much more profitable to the city hand ler - besides giving the producer no , Irhance to say that he was robbed. - tNlnety-hine per cent of the produce that 'cornea. to Portland and. other cities of 'the coast today is purchased prior to arrival on an f. o. b. basis. Under this system the country shipper .knows exactly what he is going to get for his produce but it is costing the pro juicer more money for this satisfaction. For instance chickens that are usually 'handled on a commission of about a 4ialf cent a pound, are today netting the ' o. b. buyer from 1 to lVfcc a pound. .While this system at s urea the shipper Uf what amount he will obtain for his fctock It has a tendency to elevate the i' cost of living, while the producer re ceives absolutely no benefits. -The same applies to eggs. Commis sion men handle this product on an av erage of 35c a case the season through 'hut the f. o. b. buyer secures a profit of from 60, to SiOc a case. The producer and consumer alike suffer from this piystem, but being more modern and to , the point' it has wrested control of the - produce trade away from commlsison handlers. EGG TRADE SHOWS A HIGHER PRICE HERE Trade In the egg market shows an ad 'Tanwforthe past week: - Strictly fresh ranch stock sold around 32c a dozen or '2c above the price of what la ordinarily congtdered good eggs. There Is a cer tain per cent of the public that is will ing to pay a fraction more to get some thing bettee than is generally offered at this time of the year. -HENS CONTINUE TO BRING GOOD PREMIUM i ' Prie of hens gained in strength dur ing the past week. Wliile there were somewhat better arrivals, the market acted fully as good as last week and for selected heavy stuff an additional advance was forced. There was not quite as good a tone in springs as last week. CHEESE SUPPLIES ARE FAR UNDER DEMAND Supplies of cheese In the local market ,, during the week were inadequate to fill the demand. While there was no change in prices, dealers were unable to fill all of their orders. Therefore the outlook for future values is much better. Similar strength was shown for lo cal manufactured butter. No change in the price. DRESSED HOGsTasE OFF DURING THE WEEK There was a "weaker tone in the mar ket for country. killed hogs along Front .street during the week. With the i greater arrivals In the produce district "'as well as the big drop In prices of livestock, retailers did not take hold so eagerly. Dressed veals remained firm around the previous range. POTATO MARKET HAS . , , . VERY QUIET FEELING ''-.V.'- 11 '" 1 There was little doing in the potato trade during the past week. A small amount of stock waa shipped to Call Arnia' by speculators who wanted to try the market there but the prices ob tained were even lower comparatively than here. No business Is passing with the southwest, but some is expected soon. . . PEACH SUPPLY IS NOT 40EAVYTH!S,WEEK With a big. decrease In offering of peaches, the local-market . acted some what better during the past week. Sale were nad up to 50c a box for fancy fruit although some little and overripe luff sold down to SOo again. Spokane Show Will Try to Solve Problems for Produc ers; By-Products to Be UtiV ized for Greater Profits. Spokane, Wash., Sept. 21. The fifth National Apple show this fall la ex pected to accomplish one thing in par ticular which , will be of great value to the growers throughout the northwest. This will be the launching of a thor oughly osranized movement to solve, the problem of distribution. To secure the result a conference of growers, city and country bankers, transportation men and business men will be held during the apple show, iw vember 11 to 18. In speaking of the plan. W. T. Day.- president of the Day & Hansen Security company and chair man oi the appio snow board of trua tees, said: - "I'hpntH'thwettt-as ftfr-epiil-produo- ing district has gained the ruvoruble at tention and recognition of the world. It Is now incumbent on us to go still farth er. ... what we propose is a conference dur- ing the applu show to be participated In by the growers,, city and Country bankers, transportation men and busi ness men. to try to throw some licht on the question of distribution. Com- ietent authorities declare there 1 no anger of overproduction of upptes. But we must get a system or distribution perfected, and it the apple show can be of ser vica in this reward itwlll -be per formlng a great .work. "The orchardlsts and buyers them selves have no fear of overproduction and'men who are informed as to condi tions hold the same opinion. The con ference planned should be of great value to the apple Industry of the northwest It will bring together men representing all phases of the work, and the prob lems of distribution and financing should be clarified to a great extent as a result" . Educationally, - the apple- how this year will ba made exceedingly effective and beneficial. Over and above the ad vantages the growers will receive from personal contact with other growers who are successful, no pains will be spared to bring expert and practical knowledge to their notice. All that has been accomplished in the perfection of spraying appa"rtus. and, In fact, all kinds of orchard machinery will be there for display and demonstration. Going still farther into the field of education, it is the plan Of the trus tees to show how much greater returns can be had by the utilization of orchard by-products. They would like to have an evaporator on diSDlav. a lellv nlant. a cider plant and any other things which make use of the by-products. And the amutement features also will not be lost sight or in the general nlan of makinir the apple show more useful. BEST HOPS ARE IN DEMAND EVERYWHERE For best quality hops there is auite a good demand in the local trade. A$ mgn JL ioa 4ouna was paid during the week for best offerings although poor stuff sold down to 14c. and some that has been gathered will not bring this much. Everywhere there is a ten dency to take hold of the better quality growtlf. SALMON CATCH AGAIN SMALL ON COLUMBIA fatch of salmon usaln shows a de crease In the Columbia river. Opera tions along the Oregon coast show a like condition and the pack of the week was comparatively small. Market for canned salmon remains good for the lower and best grade but medium grade stuff is considered out of line with the rest of the trade. This is the stock that is at present being packed, therefore it is generally be lieved that operations will not be con ducted on an extensive scale this fall. APPLE TRADE HOLDS VERY DULL ON STREET Trade in the apple market held verv low-.UrliiR th--past week. VVhlie tliere were Increasing arrivals, the market acted about as nomiual a during the previouH week. The decreasing supplies of other fruits ,wlll likely have some effect In the Immediate future. PORTLAND JOBBING PRICES ... These prices are . those at ., wniok wholesaler sell 10 retailers, axcapt as etuerwlse staled: Batter, uggs and ronltry. BUI '1 UK .Nomiual: exlra creamery, cubes and tubs. 33c; prints, 34 He; dairy. U it He. , EOUS Candled local extras, 32c; or dinary, candled, 30c; spot buying price off 26c f. t). b. Portland; best eastern, 284130c; storage, iMfjjZCic doi.., seconds $3.001-4.00 catte. LIVE POULTRY Hens, 14lCc per lb.; springH. loc; geese, 10c; Pekln ducks, lc; Indian runner, ttrlcrtur--keys, 1Si&22c; dreHsed J7c; pigeons, old, $1; young, VZ'iftM per dozen. BUTTER KAT l'rouiicert. priuo, for Portland delivery, per lb., 33c. CHEUSi -Monunul; fresn Crugon fancy, full cream, twins and triplets, 17c; daisies. 17 Wc; Young America 18 Vic. fruits and TegetaVlea BERRIES lilackberrles, $1.60. UTATuEri toLmg price; Extra choice, 76c; choice, 65c; ordinary, 0o per cental; buying price, carloads, 60c; country sweets, $2.2o4$2.60 per cental. KKKiSH KKL' ITS Oranges. $3.754; bananas, 4V4 46c Id.; lemons, $4. 60(56; limes. $1 per hundred; grapefruit. $5.00; pineapples, 6c lb; peaches, 35 & 50c box; cantaloupes, $ 1.26 (ii I.60 per crate; wa termelons. 30c U' J 1 JO vvr hundred lbs.; pears, 60 75c per boi; grapes, 75c $1.60. " ONIONS 76c$l. 00; association sell Ing price, 75c cental, f. o, b. shipping points; garlic, 7 be. VEGETABLES Nw turnips. $1.00; new beets. 1.2bQl 0: carrots, $1,260 1.60 sack; cabbage $101.25- lomatoee. boxes, 25& 40c; string beans, l2c per pound; green onions, 10c, per dozen bunches; peppers, bell, 34c per lb.; head lettuce, 25c dox.; hothouse, 7 60 $1 box; radishes, 10c dozen bunches; celery. 60 75c doz.; egg plant, $1.26 4 1.60 crate; peas, "c lb.; caullfliwer, 85cS $1-25. w Keats, Fish aoa Proviaioai. DRES.Sh;i MEATS Country killed Hogs, fancy, llc; ordinary, lie; rough and heavy, 910c; fancy veal, 14Vj(15c; ordinary, 13V414c; poor. 11c; laniDs, lOfeldc; mutton, 7 Jc: goats. 24c; beer, 710c. HAMS, BACON. ETC. Hams. 18 19c: breakfast bacon, 15Vi26c; boiled ham. 28c; picnics, lie; cottage, 17& MEATS I'McKtng house bteer No I stock. 12c; cows. No. 1 stock. He; ewe. Vic; wethere, -0ic; lambs, UVio; pork loins. IS He. ' FISH Nominal Rock eo4. lOo Ih.i flounders, 6c; halibut. 8c; striped bass. 9ctTrs tftiV 1 ! If M eV-salmon. 84il0c lb.; soles, 7c per lb.; shrimps. 124o lb.; perch, T$8c: tomcod. ( .); lobsters, 25c; hrrrings. 6 9 8c . black bass. 20c; stuueojj J) per lb.; silver smelt. So lb-'.black cod. 7fcc; dressed shad, 6c; Ibia .molt (-5 p biT- wf VW.Uro- l 1Bfl a -c ; n- : i : . J3H& I. S-? GOT" I ' Weather Conditions Favor Late Bigger Yields Are Gathered Than Ever Expected If weather conditions were unfavor nblf at the start of the harvest season at Pacific northwest points, they have been especially favorable during the last two weeks. The wheat harvest is now alniOHt completed and a final survey of the bituatlon would indicate that not withstanding the damage done by the untimely weather, the crop is still the biggest ever produced In the three states. There Is not the slightest doubt of this at the moment. Yields in the Palouse and Big Bend are far beyond expectations in many in stances, while only in Isolated cases has the harvest shown a smaller output than expected. Damage to quality was naturally quite heavy In some sections,- but taken as a whole the situation is still well up to the average year In this t'espect. Oats and barley haVvest shows a sim ilar condition, and nothing but good re ports have come during the week. lUimage to potatoes in the Willamette valley Is real, but the exact cause Is a mystery. Some contend that it Is blight, while others are equally positive that tho damage Is done by a flea. In east ern Oregon the crop is, not Only the heaviest known per acre as well as In point of acreage, but the quality is un usually favorable. Onion groweis have received JUBt the proper weather for pulling and drying their product and good quality is now assured in the Willamette valley. At Times Market Is Firm and Up but Big Delivery Causes Loss Toward Closing. Chicago, Sept. 21. At times today wT; eat b ho wed Tonstderable" snap on the buying side with ono good swell from lkc to 91 Tic in December, but this advance was lost quickly. Market closed a fraction lower than yesterday. May, after sellng at 96Hc, closed Vic lower at 96c. Best prices for the day weft madt when tho trade followed some active buying on the part of 1-a Salle street leaders. When this support gave out the market showed heaviness. First thing in order this morning was an unexpected delivery of about 250,000 bttslnl f iJeptoroUer-Wtteat. Thia had the effect of dislodging some eleventh hour holder and the priced dropped to 90 0 for a minute or about lc under the December. The good support referred to soon followed in the tale months and the fif-pteniber had a rally also. An element of strength In wheat during the morning was the unexpected firmness in northwest markets In the face of the very heavy spring wheat run for the day and week. Foreign news was mostly on the side of Sicllers. as Liverpool was Ho lower under realizing sales. Liberal shares of world's shipping went to English porta this week and Manitoba offers were large with purchases on passage at con siderable decline. The firm and higher closing at Min neapolis and iJtmith, regardless of heavy piling up of wheat for the week muHt bu largely duo to the return of we' weather over sections where wheat threshing is in progress. Range of Chicago prices furnished by Overbeck At Cooke company: WHEAT. Month. Sept. . Dec. . May . Sept. . Dec. . May . Sept. . Dec. . May . Sept. . Oct. . Jan. . Sept. . Oct. . Jan. . Sept. . Oct. r Jan. . Open. High. Low. 90V4 1V4 86 72K 63V4 62 34 82 ' 34' Close. 90 B . 9H4 96 B 72 53 B 62 B 34 B 32 B 34 B 91 91 4 81 86', 72 MVi 63 '34 34 1 8iV4 CORN. 73 64 Vt 5314 OATS. 35 ' 33 3514 POpK. 1690 1682 1817 1103 1103 1062 1070 ...1890 .. .1830 ...1112 ..,1110 ...1060 1696 1840 LARD. ,1112 '1115 1062 RIBS. 1682 1815 1102 1102 1062 rW- 47 401 . 887' 882 880 880 The motber-in-law usually sha a good deal to say, but about all the poor old father-in-law has to do is to pay, the freight .and Bay nothing. WHEAT SHOWS SNAP IN THE CHICAGO PIT Hop Crop Shows Heyjest Vol ume Per Acre Ever Known in Willamette Valley. Picking of fall apples has started In many sections. The crop Is not up to expectations and much of tha fruit' will be of small size with fancy stock scarce. Pear harvest shows a bumper yield In practically every section. Prunes are a better croir hr thr-Wlt lamette valley than had been expected, but no Improvement la noted in the Vancouver, Wash., situation. In east em Oregon the crop is big as Is the case in Idaho and parts of Washington. The biggest product of hops per acre has been gathered in the Willamette valley and in western Washington and Yakima. Many yards in the Willamette valley showed a crop nearly double that of a year ago. While quality is badly mixed, some being very poor, there is Quite a good supply that will grade prime to choice. The following special reports of the crops were received during the week: OREGON. Paisley, Or. Ten acres of oats grown Changing Fashion Makes Mohair Prices From the Manchester (England) Guar dian. From the annual report for 1911 of C. du Plessis Chiapplnl, the trades com missioner of the union of South Africa, it appears that mohair occupies thlrfi place in volume among the agricultural export"tradeir rtha union. When mohair was first put upon the market it brought nearly four times the price that it does at present. In 1866, when South Africa was tentatively be ginning toexport to Great Britain in competition with "Turkey, its export were -under 10,000 pounds, while Tur key's were over 6,000,000 pounds. The average price per pound was about 76 cents. "By 1870 the price had risen to nearly 84 cents per pound, South Afri can exports had Increased to over 250, 000 pounds, and Turkish shipments had decreased to a little over 2,000,000 pounds. Since that time, however, prices have remained steadily on the down grade. During the last dozen years Great Britain has Imported annually something like 26,000,000 to 30,000,000 pounds of mohair, of which, as a rule. South Africa has supplied considerably more than half, and tho price has av- eraged from"82 cents down to not much over 24 cents per pound. South Africa has never succeeded in competing with Turkish mohair in qual ity. For Instance, last year (1911) Tur key sent to Great Britain 6,633,600 pounds, valued at $1,967,625, while South Africa eent 18,712,000 pounds, nearly three times the quantity, but obtained onl" about double the value, namely, 33, 927,265. During the year the average price of Turkey mohair sagged front 33 34 cents to 31-32 cents, but Cape first declined from 27-29 cents to 24-27 cents and Cape winter from 22-23 cents to 19-19 cents. Fashion, of course, is to blame for this general sag in prices which has occurred while the total im ports of mohair amounted to only 25, 000.000 pounds. In 1907 British total imports amounted to nearly 31,000,000 Banner Harvest in By John U. Snodgrass, IT. 8. Consul General, Moscow, Russia. Judging from telegraphio replies from the various bourse committees of the empire the crop outlook is most promis ing, anu ivn win unoouDteuiy be Known as- a banner year. However, there are a few exceptions. In the provinces ad joining the Ural mountains the crops will not be up to thn Btandard. The bourse committee of Warsaw gives the Information that about 10 per cent of the crops in the Polish provinces has suffered from lack of rain, - Information Western Oregon Onion Crop 389, Cars The onion crop of western Oregon thi season will be 388 cars compared with ( ? -ears- ywie-egor-TMe 4 4iwrwas of 19 carsover tiie crop of. 1911. The estimate is a semi-official one of the Confederated Onion Growers' association and Iprludes the Willamette valley sections. The increase is due more to the greater acreage than any Increase in the output per acre. - Harvest of Grain on the C. E. Robison ranch at the south end of Summer lake, yielded 27 bushels per acre. This is the first crop grown on sagebrush land, and was grown with out any irrigation whatever. Eugene, Or. A. Wilhelm, the pioneer miller at Monroe, says there will not be 20,000 bushels of first class milling wheat in the section of country this year. There will be a large quantity of damaged wheat which will be fit only for feed, and it will have to be sold for feed purposes. Stanfield, Or. Haying Is again in full blast and will continue till the end of the ...ro$j.tJi. Whr the fourth .cutting is maae wora may not oe completed be fore the second week in October. Moro, Or. L. L. Peete threshed a field of 64 acres of fortyfold wheat that made the una turnout of 950 cacka. Joseph. Or. Wheat threshers have been running full blast this week all over the county, ana report enormous yields of first class wheat. Bert Knap- per, two mnes east or town, tnreshed over 5000 bushels of as fine wheat as anybody ever saw. Joseph, Or. George Parrish, nine (Continued on Following Page.) pounds, and the price averaged tl.lt cents per pound. ' Quality and length. For the benefit of growers, Mr. Chi applnl put questions relating to the im provement of the South African pro duce to (a) the secretary of the Bedford Chamber of Commerce. () a leading mohair dealer at Bradford, (c) a lead ing manufacturer at Huddersfleld, and d a gentleman with technical knowl edge of the mohair trade. The answer received to all questions but the first show a remarkable consensus of opinion that the quality has iot Improved. There is a further agreement that new blood Introduced into the breed of goats would be beneficial, though on account of the quick changes of fashion (a) will not advise growers of the stronger woola to make great changes in their methods of breeding. Stqcks are admitted to be large. With reference to the allegation of the adulteration of finest kids with inrerior types, it is agreed that the conN plaint is genuine, and detrimental , to tha growr - Ae to the length of hair most advis able for the classification of best kids and firsts, (a) considers that it would not be advisable to fix the length, but tnt ftnst trenld not fee Tindfir 6 inehei "the finer the hair the shorter the staple" while (b) stipulates for at least 7 inches for the summer clip; (d) says best kids should be 4 inches and firsts 6 inches and upwards. Kemp and noils are found to be serious de fects in Cane mohair. Then (a) suggests that bloodstained pieces should be sorted out and packed separately, while tb) condemns the practice of certain dealers who put a second rate lot along with a well-graded clip in order to make the good lot sell the poor lot He ad vises breeders to clear their flocks of strong-weight breeding rams, and re place them by those rams which, if giving smaller results, will give that necessary quality which will place Cape mohair once again in the position which it held tome years ago. - Russia Is Expected from Odessa la that the harvest of spring grain In the provinces of New Russia is expected to be less than av erage. In some places even bad. The absence of rain in the district of LJ bava has had a bad effect upon the crops. ' Inall other portions of the empire the harvest is expected to be above the average; in some places good, in others very good. The grain is of a fine qual ty. In general, the harvest of this year is superior to that of 1911, although various portions of the country produce unequal crops. ,. . . ( ' . ' ' " Eastern Oregon also has a bigger crop of onions this season but the t imtres-f ren here are, . indefinite as yet - - . , . . Quality Of the western Oregon crop is perhaps .75 per cent-No; 1 and 25 per cent No. 2. The stock -is generally f. ?lw color but some is showing a slight stain as a result of the oon tinued wet weather. Cheerfulness More Apparent in Trade and Prices Go Higher ' With Better Feelina All Along the Line. ' By Ben B, Bryan, New York, Sept. 2 k While many oc eurrenees-ef -ftn-tef luentlai naturarhave not during the past week transpired, still tiie cheerfulness which has been In evidence tor quite a period, the same being predicated - for the most part on the satisfactory industrial, commercial and agricultural, crystallized Itself into a rather concrete " state of optimism which was reflected by an Improved tone and greater activity in the stocks. Monetary and investment considera tions heretofore have exerted a restrain ing Influence on constructive hopes as far as the same aDDlled to quoted se curity values, especially as xeaerve can- ters, pamcmany New York had been losing cash holdings heavily to tha in ferior: Money rates hardened to an ey- tent tnat precluded tne possibility of a substantial expansion of loana for stock maiket purposes) and made it quite ap parent that some relief would probably become necessary hi the nature of de posits of government funds, gold im portations, or else a drastic curtailment in the loan account. Therefore well de fined reports to the effect that- the treasury would lend its aid and that London was not adverse to New York securing at ieast part of the new gold arrivals, did much towards relieving the tension and encouraging those of bullish inclinations to start a demonstration. Of course, crop moving demands have been satisfied only in a small degree, and the October disbursements, which are estimated around $160,000,000, will have to be reckoned with. On the whole it appears that the money problem has been solved though rather firm rate are likely to prevail for quite a time. Range of New York price furnished by Overlwk & Cooke Co, Inscription, IQpen.tHlgh.l t.ow.iflose Amal. Cop. 2o. Am. C. & F., e. . Am. Can, c. do. pfd Am. Cot. Oil, c Am. Loco., c. . . Am. Sug. c. Am. Smelt, c. . do. pfd, Ana. Min. Co. . Am. Wool., c. . . Atchison, c. do. pfd B. & O., c Beet Sugar 89 61 45 125 57 45 89 62 88 61 45 126 45 125 07 45 66 45 127 87 127 87 47 47 109 109 108 109 76 90 276 33 99 18 108 76 78 Brook. Rap. Tran. 90 90 u. v c Cent. Leathw c. do. pfd Chi. & G. W., c, do. pfd C. M. & S. P. . . 276 276 3Z 32H 99 18T 83 99 18 S3 14 108 108 Chesap. & Ohio. 8i 36 Colo. F. & I., o. Colo. So., o do second pfd do first Dfd. . 36 uons. uas U46 147 146 15 corn" rroauots, -o do pfd Del. & Hudson uen. kio U c 'nM "si 2i do pfd Erie, c do second pfd. do first pfd... Gen. Electric ... 0 17 44 An 51$ 54 65 182 183 182 46 Gt. No. ore lanus 46 7i 47 Ut. No., pfd . . . . Ice Securities . . HI. Central Inter. Harv Inter. Metrop., c. do pfd Lehigh Valley . . K. C. Southern . . Louis. & Nash. Mex. Nat., 2d.. M.. S. P. & 8.S. M 141tf 141 141 125 125 125 20 20 60 170 172 170 28 28 "V 28 163 i49 163 163 i48 i49 80 M., K. & Tex., c 29 64 42 60 2294 do ptd. Mo. pac Nat Lead Nev. Con N. Y. Cent. .. N. Y.. O. & W... Nor. & West., o. . North Am. .... No. Pacific, c. . Pac. M. SS. Co.. . Penn. Railway . P. G., L C Co. Press. S. Car, o. . do pfd, Reading, c do 2d pfd. do 1st pfd. ... Rep. I. & S.,c. . , . do pfd , Rock Island, c. do pfd 64 42 60 22 42 622 115 115 116 36 37 117 117 117 129 12? ax 124 117 31 124 f-S8 38 172 174 171 28 11 S. L. & S. F, 2d Vtl St. L. & 8. W., c. do pfd So. Pacific, c... 38 38 37 111 112 111 So. Railway, c. 31 88 24 81 86 24 i 85 24 do pfd Texas & Pacific. tT., St. L. & W.f c do pfd 80 173 89 64 109 76 Union Pacifio. c. 172 do Dfd 89 54 U. S. Rubber, c. . do pfd U. ft-Steel Co., o 464 M 75 do Dfd 118 118 Utah Copper ... 65 46 lis 85 6 46 it 85 Vlr. Chemical .. Wabash, c do Dfd H 81 86 W. U. Telegraph West. Electric .. Wis. Central, c. . 85 67J Total sales, 842,300 shares. CHICAGO HOGS HIGHER Market Up Another Nickel; Tops Now at $6.00. Chicago. Sept. 21. Hogs C000. left' over euu. rec receipts year ago 8500; mar- ket 6c higher. Mixed I7.V(Q8.U ood and heavy 18.40 8.70; rough $7.90 30, light JS.36W8.hu. cattle uo marnet weag. Sheep 1000, market weak. ( KANSAS CITY LIVESTOCK Hogs Advance 5 to 10 Cents With Best Offered at 70-00. Kansas City. Sept. 21. Hogs 1200. market 6 to 10c higher; tops $6.90. Cattle 1000, market weak. Sheep lOOOT market weak. OMAHA HOGS UP AGAIN Trade 10 to 15 Cents Better in the Yards; Ho Other Stuff Arrives. South Omaha, Sept. 21. Cattle none. Hogs 2200. market 10 to 15c higher St 18.80 8.60. . Bheep none. . Money and Exchange. London. Sept. 21. Consols. 74 U: all. ver, 24; bank rats. 4 per cent New York. Rent. 11. Sterllnr change liens,- 4 I- sltorV S1- vor bullion, 63c, ( - - i ... 1 1 , Ban Frantilscft. Kent. i1 Htorllnir . change 60 days, 4.81; sight, 14.15: doc.r4.Jl. Transfers Telegraphic, i per cent premium; sight, 3 per cent pre mium. ,., Lowering of Provision Quota-; tions to Meet Drop in Swine Is Only " Thing That Vvnl Bring Prosperity Here. PORTLAND LIVESTOCK RUN. WPlra TTncra' f1am m Sept. 21 3139 - 1086 42 6728 Sept 14.. .1267 Sept. 7.... 1678 Aug. 81... 1423 1674 X 8068 7092 6266 2488 7413 1390 1551 2656 ' 1719 148 68 88 Aug. 24... 1244 Year ago. .1802 2 yrs. ago. 21 74 . Includes calves. There is one solution to the problem northwest points and that is to shut the "uiwcu proouci out ot this ter- this time that the Pacifio northwest is producing too many hogs to stilf keep .Vr.,tV f rVLTY..1" "J! .Prlce ,n . "' xwuiues. .mis mucn was demonstrated here during tha past The country is full of hogs and great er number than ovu.. , irpon the market for sale. Many of iubbo nogs wiu be marketed within the near future and at the rate the price has been going down reoently, it will not ha Inner hafn.. .v.- i "J . "9 o v iic vuouiees will become unprofitable. This has happened on Several nrraulnna u .i.J I " " established as a packing center of prom- Too Much Eastern Product. Much ado has been made by soma lntereflts ramrrltiia . uiv maiij millions OI dollars annually sent east for eastern hog products because there was not n-"o pruaucea nere to fill the wants of the trade. Right here it might mote wouia DO hogs for every need of the Pacifio uurmweei ir m9 demand could be shown. By some it has been aaid that the enormous values that have ruled here for hoes g. mk1ii.i. .5. " h,rKt.Wnail.'f,n,Uned- Wh,1 this might faVt -Vmnin. .1 i """i Particulars, the . bv very mucn or -JCXeaB J?0 Production to fill Wi.Z ... , l" ra traae. ? 18 not due 1 fty iaclrTjf aemand ,rK 1rthoK products. If every ham slab of bacon or pall of lard consumed In the Pacific northwest came out of fh!h0KS Produced ,here " would mean that irreafpr nnn u v . . and utilized, but such Is not the facf xaroe-yaaneri From East. .w .i tCr ni oDiain- . . 7 l vail 'ug Baieiv PHI - etl three-quartos if the -e uu in me pacific north- Rookie" manufactured T of the a w "v . iuau ;o per cent lhJL?T0drXX 18 "nioked or rendered -v iiuiuD. ii leaves, mcrefore. only a quarter of the hdg demand to be filled bv northwest nrnilnn.r. rrui . . ." 4 ready been filled and the result is owwo are seemingly go ng beairinir because killers hav tniir t, ? f.?.. menta, . c While this might possibly be denied in some quarters where an effort would be made to bring the market to a still lower level, the facts are apparent to those who are willing to see them In their true light and not entirely in the attempt to-get-cheaper supplies. etnsdj' Zs Quits Easy. . wheI?.,f..Vemed5r for thl condition tnai..youlJ be ult9 eay to apply If conditions were not as they areT By ?1.m.?J,y Putt,,"K the price of hams at Pacific northwest polhts on the same basis as packers are paying for hogs, there would be an instant increase in the demand for local products and live stock. As matters stand Chicago makes the price of pork products at Portland ftnd, ther Pacific northwest points. While the market for hogs is made at home. Therefore, no matter how low the price of hogs might drop here, hams, bacon and lard would continue to sell on the eastern price basis, vis.; the price in effect at Chicago plus the freight to the Pacific coast. By simply following the price of hogs here all of this trouble could be rem edied and there would scarcely be a limit to the amount of live hogs that home killers could take care of. Whether Pacifio northwest packers are willing to encourage the hog Industry in this way is a matter that only the future can settle. Week's Prices Dsmorallied. Prices in the hor market were ihor ?M2. lgjnorallze(f at NortT, Portland dtirliig-the week. There was an enor- -mous increase in the marketing, totals being 8139, compared with 1357 last week and 1678 the week previous, and all wants of killers were well taken care of. At theloslng of-the- week there was no supply on the market, but the trade showed a weaker tendency. On Friday tops dropped to $8.65, while at the first of the week they stood at 29 36 The drop, therefore, Is the most severe ever known in the trade here and re flects the sentiment of killers soon as they are able to get what stock they need. 1 While to some extent this week's drop in hog market prices here came as a result of the drop in the east, the trade here was far more bearish than east of the Rockies. From its proud position as paying the highest price for hogs In the entire country, Portland ....... ...ov uunnij mo weeK, Chicago paying $8.90, Kansas City $8.90 ii r"rllu"u tun oouin umaha $8.50. General hog range: Select light ; $ g j5 (Continued on Following Page.) J.C. WILSON & CO. MEKBEXS NEW YORK STOCK EXCHANGE NEW YORK COTTON EXCHANGE CHICAGO BOARD OF TRADE THE STOCK AND BOND EXCHANGE SAN FRANCISCO PORTLAND OFFICE Room 5, Lnmbermens Bank Bldg. i nones .tiarsnaii 4izu, A-4187 TEUUrapOXTATZOZI COOSBAYLIINJE pciirra asBirwnB Bails from Alnsworth dock. Portland, at 8 a. m., Bept. a, 7, 12, 17.1a, 87, Ooi a, 9, 16, 83, 30. Freight received at Alns worth dock dally up to p. m. Passen ger tare first class $10, second class $7 including berth and meals. Ticket of 1.. I ln.nlf.rtL Hinlr Phn... a . 11VC .TV 111 . 4 itviici U11U SVUU A-2332. Portland 4t Coos Bay steam- U4. T ItN IT I MAhw skOAn YALE HARVARD Hauroaa or nujoinp co oen iTancl8C0. thoJEitposltlon City. Largest, fastest uuu ii.o vy.- H...V...J .Hoi viuaa pas senger ships on the Coast; average speed BO ui1aa WAe! hmlP AriSH VI It A A AAA . AS ITKAITOISOO, POBTLABTJ ft 03 ANGELES . OO. , FRANK- HOLLA M, Agent , Main 628 183 8D MTBEET. A-5Jg