The Oregon daily journal. (Portland, Or.) 1902-1972, November 17, 1912, Image 21

The Oregon daily journal., November 17, 1912, Page 21, Image 21

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Newspaper Page TextTHE OREGON GUIJDAY JOURNAL, PORTLAND, SUNDAY NING, I.OVi- !F THE -Edited by To) TT tr JJymanHi Cohen 'JARKET REVIEWS STORAGE APPLES A Bl Fully Three Quarters of This . Year's Crop of the Pacific r " Northwest Put In Icehouses I. for Rise in Price. With practically the greatest crop of apples that the world has ever pro- dueed and with the American output ; a bumper in every particular, an en tirely new, situation confronts Pacific northwest prowera. Ideas of producers of this section have been pitched in such a high key for so many years that seemingly they are unable to comprehend that the price Is made by the aggregate production and that with a big crop they should not look for big values. ., It is now practically a certainty that apple market prices during the next few years will be much revised from what growers have , been accustomed to com manding. - . . .; .:.. iMi . For years apple men or the- Pacific northwest have been receiving - almost iabulou values for their- high-grade fruit and whenever a lower value la of fered, they kick up their heels and give the opinion that someone is trying to dO'"thm.'-r-r" .'" ---: :' This much Is certain: Barring crop - failure throughout the world low prices for apples will rule during the next few years. The production everywhere is greatly Increased. New acreage haa been set out In all portions of the world and everywhere there Is a- ten dency to take better care of the fruit than during former years. While the Pacittc northwest was tha pioneer (n the art of producing better iruit u nas no monopoly on me juo. - While it is true that In a very limited area a better aualitv aDole can be pro duced than in any other portion of the world, sua mere are so many sections . that are now nroduclne- aood apples that the trade in general is not willing : to pay much or a premium ror tne out put of any one district, no matter how : fancy, -. ;' ' v ' . V Oregon has the districts that produce better apples than -other sections of the ' country, but In general the quality here is probably but little different from that grown in other places. This Is a plain fact' and growers should meet it ac cordingly. The entire Pacific northwest is now -peeking lt-apple--in way-similar-to that shown in the "better-known dis tricts, therefore unless there is a very wide difference in quality, little better prices can, be expected for the local fruit than are received by other sec- r tlons. . - ' It is all well enough to talk extreme ?uallty, but there Is an end to the ef ect that such talk will have. In the markets of the world buyers purchase the best stock they can get for the 'least money; leaving but a small per centage of the trade to buy apples from high-priced districts. It is a fact that three-quarters of tha apples grown In Oregon and other Pacific northwest points, are no better than can be. and are. produced at vari oua sections throughout - the- -worldJ . Therefore In the bulk of the trade price la the big question. . '. .. .' Owing to the smallness of the apple ..crop at pointa east of the Rockies dur ing former years, it was possible for Pacific northwest growers to snip a large percentage of their ordinary qual ity to the east and to Europe and still receive " favorable returns. Now with ' a big crop of thisigrade in other sections and with a freight of about 60c a box against the Pacific northwest fruit, llt- -tte of this stock can be sent away from home at a profit. In fact, apples grown .in the-east and middle west states can be sold at little more than it costs Pacific, northwest growers for packing, boxes and freight, and still receive quite favorable returns for their product - Perhaps one of the greatest menaces that the apple trade is facing at the present time- is the enormous supply ... that has been recently rushed into stor- age. Fully three-quarters of the crop of .tha Pacific northwest haa been stored by growers in the hope of obtaining a . . better market later In the season. Most .. of this stock is not of very good keeping quality, which is a serious blunder. By selling at this time at the most favor , able prices obtainable they would be in a position to stimulate consnmption to a considerable extent and thus get the - bulk of the early crop out of the way before the late keeping varieties are really ready, to offer. By keeping the former in storage: complete demorallza- tlon of the late trade can only be ex pected. ' Boston, Mass., Nov. 16. Continuation Of the steadv demand, with nr'.rea well sustained, are the features of the wool market the past week. The aggregate . sales are estimated at nearly 3,000,000 . pounds: largely territory wool in the original bags. Inquiries are plentiful, with manv bids liehtlv rnirtor th mar. ket Holders, however,, refuse to make Trading the past week has been most , ly in small lots. The predictions made . before the election that the result would not be permanently detrimental to the , wool market are being fulfilled, though . , manufacturers, especially the smaller concerns, are confining their takings to actual needs. r Some buyers will even divide lots al-f-.-rwady'timall.. rather than take a pound of wool more than they require; there fore, the translers are of a hand-to-.-' mouth character. Journal Want Ads bring results. TAEPOXATIOH ANCHOR LINE STEAMSHIPS Attractive rates for tickets between' New ork and all bcotch. English, lrUh. Con. linental and Mediterranean Polnti. gn. perior Accommodation, Excellent Onislal fcfficiaa Service. AWly tot Boe'vi tlon to local agent ox Anchor Una Tr -HENDERSON --tiUOS, General rn?-,.f Chicago, lit COOS BAYUNE '" BTBAkUSIl BX2AXWATBB. 6rJl from Alnsworth dock, Portland . a. m. October 80, and thereafter evw Tuesday evening at 8 p. in. iWght rZ celved daUy except ; Tuesday, up to 6 p. m. Tuesdays up to t p. m. Passim ger fara first cias 10, second daaa i it including berth and meals, Ticket of! fice at Alnsworth dock. Portland a. Coos Bay Steamship Una. H. J. Mob? IALt wMalp. HAKVARD Kellroad or any shinto Ran nv.t iu nvt.v 7' ?.T7. and tha ONLY atri.'tlw fir.Vi...." ttnX 0 t! Coast; average speed 8 mil's per hour, cost $2,000,000 each. 'RANK H-.U.AM, Agent :l 138 3KD ST&XZV. A- 'tin 4516 HANDTO MOUTH MARKET FOR WOOLS TRADE GROWS AT ALL POINTS Bank Clearings of Country Are . - liberally Increased. .. . Further evidence of the notable panslon- in general business in practi cally ovary section of the country is provided by the large volume of pay menta through the banks, as reflected in bank clearings, the total of all cities in the United States dui-ins the month of October.- according to statistics com piled by R. ODun & Co., which include returns from 128 leading centers, aggre- fatlng $17,158,439,613, an Increase of 3.9 ner cent- as comnared with the same month-last year, nd of 24.4 per cent, as compared wita we correspond ing month In 1910. , Every section Into which the state ment Is divided contributes to the favor able exhibit, with tha gains in the Now England and Atlantlo states especially pronounced as a result of the remark able revival of manufacturing and com mercial activity m manv important lines and In the central and western states because of the exceptionally brisk . de mand lor ail kinds of merchandise .fol lowing tha most satisfactory crop re turns in many years. In the New England states active con ditions in almost . all leadlnr depart ments of business are Indicated by tha malsnrttl ,Tn,niAn . un, Bn, m. field, Worcester, Providence, Portland and Hartford, and a gain In the total for the section of 17.8 pet cent over 1911 and 15.2 per cent over 1910. Pronounced increases at all the larger cities In the middle Atlantic states, Philadelphia. Flttaburr. Reading. Buffalo. Rochester. Syracuse and Wheeling being among tha number reporting gains, reflect the prevalence of general activity, and the aggregate of all dttea is considerably larger man in euner year. Some uncertalntv. due to the lateness of tha. cotton crOD. doubtless accounts i or a sugni irregularity in tne returns from the cities in the Bouth Atlantic states, but the showing- aa a Whole ia fairly s&tlafactory. with Baltimore, Washington, Richmond, Charleston, Co lumbia, Norfolk, Jacksonville and some other cities making gains. In the cen tral south there is notable expansion at St. Louis. New Orleans Louisville. Mam. phis, Nashville, Chattanooga, Houston, Galveston, Forth Worth. Little Rock and other cities. Practically every center in the central states now reports bank clearings in greater volume than in either preceding years. Among the cities where the gains are especially notable are Chicago. Cin cinnati, Detroit, Cleveland, Milwaukee, Columbus, Ohio, Toledo, Bouth Bend, Peoria, Rockford and Grand Rapids. Good gains are reported by the ma jority of the cities in. the central west over one or both years, notable among them being Minneapolis, St. Paul, Dui luth, Des Moines, Cedar Rapids, Kansas City, 8tJose,ph, Omaha and Denver, and there is an increase In the total of 17.7 per cept and 14.5 per cent, respect ively, as compared with 1911 and 1910. General business conditions through out the Pacific states, aa indicated by muc,i larger exchanges than In either year at such Important centers as San Francisco, Los Angeles, Seattle, Port land, Sacramento, Helena, Oakland and Ban Diego, continue satisfactory, and there Is a gain of 15.5 per cent-and 24.2 per cent in the total for that sec tion. The comparison is made below of bank clearings for October for the various sections ; 1912. ion. New Eng.. $990,008,664 $840,272,990 Middle . . 1,244,011,841 1,014.195,281 S. Atlantic 457,83,017 424,618.092 Southern.. 879.i::S.182 794.361,626 Cent. West 2,019,16ff,M4, 1,730,306 677 Pacifio ... - 600,411,854 619.747,058 Total $7,019,441,898 $6,001,885,632 N. T. City. 10 138.-997.61S U. S.... $17,168,439,613 13;ei2'.089i421 7,610,203,889 October .. $645,601,000 $529,886,000 September. 646,243,000 601,996 000 August ... 488.844,000 467,240,000 July ..... 636,940,000 620,730,000 543.489.000 63QJ74.000 May 670.238;000 6lp91 000 April 676.129,000 494 252 000 March ... 656.181.000 498,739,000 February.. 661.430 nnn krr u oak January .. 581,213,000 677'.176'.00a vctober clearings in the principal cit es of the Pacific states show the fol lowing comparison: 1912 1911. $225,308,756 79,688,668 60,757,497 65,133.193 19.597.235 20.736,726 29,231,900 7,185,240 4,747.767 34,847.033 7.984.102 San Francisco. $256,137,304 Los Angeles. . 106.707.043 Seattle 68,954,742 68,092,052 18,644,085 22,130,236 20,823,426 9,609,176 5,736,629 17,067,379 12,230,693 Portland ...... Tacoma Spokane Salt Lake Cltv Sacramento . . . Helena Oakland San Diego San Jose 4,280.339 4,629,040. Celtic $600.411.854 $519,747,056 HEAVY BUSINESS IN THE HOP MARKET Heavy business was shown In th hn market yesterday afternoon, sales to taling about 1200 bales. Some good lots were sold as high as1 18 a pound, but most of the deals were for poor quality. Quite a few deala were report ed around 17c. T. A. Livesley of Salem was th M operator his purchases for the dav to taling about 600 bales. He secured the Brawiey ipt at Balstrom, conniBtlng of 1J;balS8', at 18- and th Burch lot of 200 bales at Rlckreal. Catlin & Linn were also reported as purchasers of fair-sized lots around the previous market. - Other nealer partici pated tor smaller amounts. REAL BRUINS, NOT TEDDY Who's got a heart . Portland is now considered the bear market of the country, and Since this fact has become known, there has been a call for these supplies from leading cities along the coast. Hear meat Is in demand around the holidays, and at this time the quality is the best of the season. George Rice, a wholesaler of Front street, has become quite famous alog tne coast as an operator in bears rer cently. He is receiving message from Much blame 1 being plaeed xtrpon cuntry interest these days on account ' uw ifenerai poor quality or egg ar- ' ci, , " ' ''-:J': I omnie for this condition ara shltmers. I although the primary fault lie -with-the VVBI . ... i -w. L f 01' yars wholesalers hav been mak- iTm. I Vi55 " t0' biPPer of poor eggs about the same price that they have been paying for thou that sent the bet ter class, of stock. - This h$ had the if- DEMAND; PORTLAND CONSIDERED QUARTERS VVHO LESALERSENCB U IWGEHIPiMpTS OP . IS , Wmm the ! ; : ,KP2L.m'R;et was, fIBil Really Fresh Eggs Benefit by Recent picking Up of Deal ers in Storage Stock. There was a firmer tone and higher price for strictly fresh eggs In the local market during tha week. Tha price went to a higher point here this week than ever before known at this period of the year. The advance was not due to arfy fur ther decrease in the marketing ol fresh essa u uib cuuuiy out to tne oetter sit uation which came aa a result of the recent arrests of retailers for substi tuting coid storage eggs ror the fresh product As long as this condition existed much harm was being done the poultry and egg Industry of the Pacifio north west Consumers were unwilling to gay better prices for real fresh stock ecause they were being led to believe that the eggs they were buying were the beet that could be purchased. For strictly selected stook sales were made as hlsrh as 45o a dozen in the Front street trade during- the week. Some did not obtain this price because they did not candle as closely as those that aaked the higher figure. CHEESE TRADE HOLDS FIRM DURING WEEK Trade in the cheese market held Very firm during the week. Supplies were Inadequate to fill the wants of huv.r. and at the closing of the week the sit uation was me oest or tne season The shortage was due to the stormn ntt coast which delayed shipment from X U11UUUUJI, CHICKEN PRICE NOT HELD AT THE TOP i i d While at the start there wu . good demand and price for chickens dur ing the week, heavier receipt later brought values from 1 to 1 Ho a pound lower. The market for turkey wa nomin ally firm, with only fair offerings. Most of the stock was poor. r t KANSAS CITY UTESTOCK Hogs Drop 6 Cents; Cattle Slow, bat emeep Hold Steady. , Kansas Cltv. Nov Is. Kn . skua. market 6c lower. Tops, $7.95. Cattle, 600; market slow. Sheep, 1000; market strong. BEARS, ARE NOW IN various, places asking for immediate shipment. . . , The idea has gone forth In some way or other that bears can be picked up here and there in this section simply for the picking, theref6re immediate deliv ery Is generally demanded. No Teddy bears are wanted: Just tha plain, every day bruin. Big bear are in better demand than smair ones, and a better price Is available whenever of fered. Bear meat Is not being used to solve the cost of living problem because better prices ara being paid than for other meats. feet of. causing Indifference among country interests. As long as country shioDers ee. oh. tain, as good prices for their cull eggs fnn nlArtl nuaiitu tu., for JC ty, they are going to send heir best stock elsewhere. This Is natural, therefore tha remedy of pres ent bad conditions depends a grat deal upon wholesalers, and ; they will get a. better class of-eggs as soon a they make shippers realize that they are wil lug to pay the dlfferanc THIS A WARNING! I .11 Vi EGROVVERS $I,5Q P EHMOO LBS m mm potatoes mmmm the FOUHNESS BRINGS LOW PRICE Wheat Market Here Follows Decline at Points Abroad but Farmers Hold. The local whea market showed a sap-tog price disposition during the week that left little encouragement for higher price within the Immediate future. Foreign markets dropped from day to day in a measure that surprised even those en r a red on the bear side of the trade. Wheat cargoes on passage showed a further uecllne. but even at the lower pricea foreign interest were not Keen to ia tee noid: The entire wheat market was there fore unsatisfactory to either buyer or seller during the week, but the outlook will not Improve greatly within the immediate iuture. II nresent Indication point the way. Much strength was confined in the market for feed oats during the week. Volume of trading during the week was quite fair, although not heavy, owlag to the inability f buyers to Induce many sellers to oart with their supplies. omen iu geueriu were aoouc si a ton bAter than laat nrnlr ,WIk i ...... " " ....... ia m good sign of the market's condition. Situation In the barley market was unfavorable. Especially for feed stock was weakness shown and fractional losses in the price were forced. Most interests attribute the weakness in feed barley to the smallness of demand for rolled stock. Better frradea of hava hnmi strength not only in the local market but at all Pacific northwest points during the week. Grain stock that was undamaged commanded more attention from buyers and some slight advance in the orlce was forced. WHEAT New crop, producer' price, bafllli lubv "79c: bluestem; J'SSLSS Russian, 75976c; forty fold. 78079c: Turkev red. 77i7.- wn. lamette valley, 78c. BABXEY --Producers price. - track baSisJ .5, 2126; brewing. iit2i; rolled, $26.50. r V STrProducers' price, track basis: No. 1 milling. $27i white, $286.B0 ton. '"Jun oeinng price: - .patent, $4.10 04.30: WlllamottA vaJler li vn- in.i Btraight, $S.703.90; export, $3.6003.70: bakers', $4.104.0 barrel. HAT Producers' prices: Willamette valley timothy, fancy, $15; ordinary. J14.&0; eastern Oregon-Idaho fancy timothy. $16.50: alfalfa. tlliftii&A- vetch and oats, $12; cheat, $10.50. MILLSTUFFS Selling price: Bran. !?1-5S. middlings, $29 31; short, $23.50 ton. BETTER OUTLOOK IN (Hpedal to The Isoratl.t Seattle. Wash.. Nov. 16 with hiirrv. np orders from eastern bvra an4 a growing oriental trade, the salmon mar et is manlfesUng a firmness which, in ' vvfiwa oi locai aeaiers, will onng higher prices by the first Of the year. The Alaska pack is estimated at 8.0Q0, 000 cases. . Reports from the north are being com plied as rapidly as possible.. . To the Alaska, total will be added 800,000 caaes Of Pucret sound iilmnn. fv uilam .buyers were able to anticipate the strong demand and earlier In the sea son stocks were laid in on the basis of shipments from puget sound salmon centers late next -month. During' the last week these orders have been re newed under rush instructions. The overseas demand is Increasing wltb or ders coming In freely. The visible sup ply for 191S season already threatens to be absorbed. The first symptoms of a stiffening market was shown In Alaskm pinks; heavy shipments are go ing io vnicago. ' ... 8 F GRAIN. v ... San Francisco, Nov, 16. Grain calls: JBAHLiUY. ii . f Onen. . Close. 143 Deo. 148 May w... ...... .,. .. 147 ' WHEAT. Dee. ................ 150 150 ' 111 A North Deo. .......... 132 B SALMON MARKET - POTATO MARKET HAS r rERYXIMlTElTrTRADE Market for potatoes continues to re fleet dullness. While some shipments are' being made to Arleona and Call fornla, practically all of the orders were received soma time ago. No change Ia the buying price Is reported. '" V' ,v.-r"', : .,'.;.-' - . .,? , M l Is '4 OEN AWOEQ Walnut Market Being Forced Upward With Scant Sup plies Along Coast. Sharply higher prices are being quoted for walnuts by the local trad. As high as 18c a pounjJ la being asked by wholesale grocers for supplies In sack, lots, although some stook is stint Being onered, in a limited way along Front Street down to 16c. The situation there may change any minute and values advanced to the same height others are selling at The entire nut market is very firm. Since the opening of the season there has been sharp advance in the price of the various varieties. Brazils nave advanced about ic a pound since first quotations were announced this season and almonds are following closely the higher prices asked for walnuts. The walnut market has been very erratic during recent years and niucn loss has been" shown by wholesalers, Last season the market dropped sharply after wholesalers had purchased their requirements and for this reason many decided to order more lightly this sea son. The result was that after the or ders had been cut In half. It developed tnat the coaat crop was exceedingly short and a delivery of only about 60 per cent would be made by growers. This, therefore, cut down wholesaler' stock to about a Quarter of what thev really needed. Smaller Acreage of Fall Wheat Sown Walla Walla. Wash., Nov. 1. With weather Ideal for growing, wheat has done well In the oast week, and is in excellent condition, farmers say. to withstand the 'Wlnter. Little sowing has been done In the nast week, and all indications are that little more wil do aone until spring, unless unexpected, ly good weather comes. About 70 per cent of the summer fal low lUIld haJI h..n ...wl thla .ntnnia according to the. most conservative re ports, or anout 10 or it per eent less than was estimated three Weeks ago. Heavy rains have cut the work short, and there will be little chance to get much more done this season. . About one-half the last eron haalveeB sold, and there seems little demand for tne grain at present, and little lncilnaH tlon on tne" part of farmers to sell. xnere win do some -activity in the next few weeks, however, as the first of tha year, will bring the added warehouse tools: Farmers here exne&t an increase In tha price of wheat soon, and many have expressed their Intention of holding their grain until spring to secure bet ter quotations. . in PRICE IS RULING FOR NUTS DECIDED IMPROVEIVIENT SHOVN FOR HOP PRICES IN THE Writing from Ghent, Belgian, under date of October 19. U. a Consul H. Al bert Johnson says of the hop crop: Highly encouraging, reports ar re ceived from the. hop growers in the dis trict of Alost, and, owing largely to the stable conditions prevailing in the Ger man markets, the situation has decidedly Improved in this region during the past few days.- Prices quoted for Belgian hops show an advance of 10 to 15 francs per 60 kilos (31.93 to $2.90 per 110 pounds). Offers are received at 97.50 francs ($18.80), and while sellers are demanding 109 franc ($19.30), as yet no important transactions have been COMPETITIOri IS INVITED BY COUNTRY SHIPPERS VHD FAIL TO SUPPLY DEMAND Country interests kye inviting outside competition in the turkey market ' by their methods of business. They are un willing to name prices early enough for tti-JblrniPPrs' tOf gst a line on th e eft: uation so that purchases can be tnada ' ' v While it is perfectly proper for coun try interests to get for their turkeys all thewarket . affords, their lhdlfferenee to sell when the stock is wanted for aarly shipment - sometimes . results in actual loss to them, . , . , . . - . Some of us leading ' buyers of th BIG INTERESTS HESITATING Condition -, Not Ripe for Big Movement. By Benjamin B. Bryan, , , New York, .Nor. 19. The moderaU clearing of the foreign situation was the chief factor of interest during the week, though admittedly , advices from . the other side are still saggestlve of the fact that, too much should Jiot b taken for granted at this period in connection with an early -adjustment of the aams. Political discussion was centered ' on the prospects of an extra seBsirfn of con gress being called shortly after the In auguration and for a period It seemed to be conclusive that the subject of tariff tinkering would have to be contended with somewhat earlier than was at first anticipated. However, -nothing definite with regard to the foregoing has as yet transpired, though it still appears to ba the concensus of opinion tnat legisla tive activity will command wide atten tion in the new year, v , . Money conditions have not altered to a material extent, though repurchasing on quit a large scale of American is sues liquidated some time ago by Eu rope, taken in connection with the heavy exports of domestic agricultural .prod ucts and manufactures, have don much towards forcing foreign exchange . to what under ordinary circumstances' would be considered a profitable, gold Importing point- In the latter connec tion, it would seem that London, for a period will deeply resent efforts to se cuv for America any paction, of new gOldSarrivals, at least until the tension on the continental financial market shows a disposition to subside. The fact that the supreme court will take a recess for a few weeks, obunled with the fact that the elections ara over, ha fostered the Idea that the tribunal may next Monday make known it -findings In soma of the important case pow under consideration. As r consequence the disposition on the part of the stock market element of late has been to trade; Judiciously in anticipation of the foregoing. Theiv too. the find ings of the arbitration board having in charge tha wage controversy of the en gineers on eastern roads is - also ex pected, so that, on the whole, as the week closes, a feeling of hesitancy ap pears to be "in evidence, though pessi mism seemingly Is confined to the ele ment Whosa stock market commitments are based in anticipation of a fall in quoted values. Trade reports continue most encourag ing and on the whole underlying condi tions apparently would be considered as in keeping with constructive endeavors in the stock market, were it not for tem porary influences, such as money; in ternational politics and legislation. Ransrenf Newr York wices famished by Qverbeck & Cook Co.; t)& iiptlon upeni Hiyhi Low Bid AmaL Copper Co. Am. car & o Am. Can, c... ... Am. Cotton O., c. Am. Loco., c. . . . Am. Sugar, o, ... Am. timelt, c. . .. Ana. Mining Co.. Atchison, c . . . . . Bait. & Ohio, c. Beet Sugar B. Rapid Transit uanaatan rac., c. Cen. Leather, o. . C. & Q. W., c... C.. M. A S. P... Chi. & Nor., com Ches. St Ohio Cot V, & Iron. Cons. Gas...... Corn Pro. com Dela, & Hud... u. B. u com. Erlv com Gen. Elec Gt N. or lands Great Nor., p... Ill Cent Int. Harvester.. Int. Met. com..: Lehigh Valley.. K, C, South., Louis, ft Nash.. M., S. P.&S.S.M. Mi, K. & T c. Mo. Pacific .... National Lead .. Nevada Cons 22 n. x. central .. N. Y., O. 2 W.. Norfolk & W.C. in. American .. Nor. .Pacific, e Pennsylvania . Peonies Gas . . Pressed B. Car, c Repub. I ft S., ci 29 a.uk a. ., za pia South. Pacific, ol Southern Ry.. c Texas Pacific Union Pacific, c U. 17. IUUUlj Va U. 8. Steel Co., c. utan copper . . .. Va. Chemical . . . Wabash, 0 W. U. Telegraph West 'Electrlo .. Wis. Central, o.. Total sales 348,900 shares. Business Conditions Good.. TIT.ll. TT 1 1 .. ' . . 1. . It n , VVB.1U1 vvaa.Hf vvasii.. iiuv, 1 0. lousi ness conditions in Walla Walla have not been affected in any manner by the election, and any fear of Democratic hard - times ls .; yet to appear. Local bankers stated yesterday tnat there was not a ripple in the local financial stream. Money is being loaned in just as large quantities, and Is as plentiful to obtain Officials of all five of the local banks are unanimous In saying they expect no nara times or nnanciai depression. BELGIAN TRADE RECENTLY registered. In the case of hops on the vine, Sales have shown considerable ac tivity, prices ranging from 85 to 100 francs (1140 to $19.80). The quality of the late crop, which Is now being gathered, la considered decid edly superior to that of earlier growth, especially as regards its qualities of dryness , and complete maturity. The total yield of th present crop will. It is claimed, fall short of the estimates pre viously made. One hundred and seventy five bales of hops, for the most part in a highly satisfactory condition, have been offered for sale on the mafket prices quoted ranging from 100 francs (019.80) to 150 francs ($28.95). northern cities have been compelled for several years to order th bulk of their needs from the middle ' West - because Willamette "valley producers .did -not know, what thay wanted for tlteLr, aiouk. Every shipment of birds, that ' comes from i outside Is that much against the local price, ' :. ' Shipper who has "orders from Alaska and other outside places to fill 'are -unable to await the pleasure of country In terests here to make up their -minds as to. the price wanted. Therefore they purc&ssa. elsewhere. I U SeVfcl 3 85 41 J 41U 41 581 BS My, 48 I 46 45 46 120 120 120 120, 79 .; 79 78 79 48H 43H 42 43 107 107 107 167 108 1O$106 106 H 54Mi 55 53U 84 MUt 89 HI. 891 8914 267 26 8-4 266 267 SO 30 28 29 18 18 18 18 115 115 114 116 140 140 139 139 80 61 80 81 86 36 36 36 143 142 143 142 16 . 16 15 16 167 21 21 21 21 34 86 23 84H 181 181 181 181 46 46 45 45 137 187ll87 138 127 120 19 19 19 19 174 174 178 174 27 28 27 28 146 146 146 146 142 142 143 142 28 28 28 28 4i 44 43 44 60 4 60 69 4! 60 i 2Vi 22122 Hi Hi" 85 35 85 35 115 116 116 116 83 124 124 123 125 123 123 123 123 118 116 11 116 A I S IA I V UI1W 29 39l-2g 84 84 34 34 110 111 110U1 29 291 29Ak'29 24H 24l 24T 24 1 "IS " 63 63 62 63 46 46 45 46 4 ti 78 78 78. 78 80 81 80 81 63 HOG PEES MILE HIGHER III YARDS -i 1 DBG HIE WEEK Tops Reach $8 and Quite a Few Sales Are Made at the ? High Mark Even Though the, I. Run Is Much Heavier j J. PORTLAND LIVESTOTTT tTTV Week ending- Hoga.Cattle.CalveaShee. ' Nov. 16....... 4899 J787 31 490S Nov. 9.. ..... 2636 - 678 " K Nov. ' 2. r. 8341 . 1547 14 '4009 Oct. 26 4575 1998 10 4893! Out 19 3633 1262 53 r 5880 Oat 12 2700 1035 28 6664- Tear ago..... 1514 1718 138 6098 ' a years ago,. 2219 1668, 4217 With cattle. A very heavy Increase In the market ing of hogs at North Portland during . : the week failed to oheck th bullish feeling that-ha been.apparent la.tha J. trade during recent week. - . . , Tops sold readily at 88 durina- tha week, or Ho better than tha top offer ings of th much smaller run of th pre ceding six days. The local advance wag due more to the very liberal buying by Puget Sound interests than to any other cause, but better prices east of tha Rockies had some effect upon creating thia additional demand, . Generally speaking, - tha advanced prices paid for hogs this : week war vmewiuti ui surprise, even tnougna- outsiders came in for .liberal supplies, entered the produce trade durlns tha week should have created adverse senti ment in the market for live hours, but it did not There was much better quality anion gt tha offerings in the hog division for the week and this in itself was a very good factor for the price, although this improvement Was aeemingly counterbal anced by the heavier offerings which , demoralized the dressed hog trade. War It not for the fact that the outsiders bought unusually heavy in the local yards during tha week, there is little Y doubt but that values would have trav-i eled -downward Instead of showing a' fairly sharp rise. East of the Rockies an Improved do-- mand continued for hogs and higher prices were the rule. Run-there con tinue to show a sharp decrease as com pared with the same, period a year ago. North Portland hog price range: Best heavy .$ 8.00 Best light . .. 7.95 Medium heavy 7.80557.80 Rough heavy 7.00 7.60 Feeders 6.60.7,00 Cattts Trad I Higher. For selected cattle higher prices ruled In the North Portland market during the week. There was quite a liberal in crease In th marketing for good atuf f. Buyers were anxious bidders and values were accordingly advanced. Top steers sold tip to $7.25 la the yards during the week and quite a few sales were made at this Height. The week's market reflected the changed views of buyers. They are no longer willing to pay nearly as good a price 7 for common to ordinary cattle as they -are for stuff that has been properly fed and quotations clearly show this.' East of the Rockies there was little change in the cattle, market situation. As a rule there Is practically no change . In prices for tops from the prices that 1 were in effect thera during the previous -week. .. North Portland cattle range: Heavy fed steers $ Choice steers Common steers 7.21 7.00 6.90 6.26 6.00 Fancy cows Ordinary. light cows. Fancy light cows. . 1 8.50 Heavy calves 6.0006.50 Best bulla 4.00(4.75 Ordinary bulls 4.00 4.25 . Sheep Sales Are Higher. As had been forecast a better tone ruled, in. the mutton market during th week. While prices did not reach more than a fraction better than during th preceding week, this waa entirely the fault of the lack of suitable offerings to bring out a higher range. - Decreased marketelng was shown in the sheep trade during the week, el- " though the totals were quite fair con sidering the period of the year. Leading buyers are generally of, the opinion that they will be compelled to go else- " where if they want top quality and ship- , mants from Montana will probably b brought forward to fill this call. General mutton market: Best east mountain lambs. . . .$5.85(96.00 Good east mountain lambs... 6.6006,75 ' Best Willamette valley lambs 6.65 tv 6.79 " Good Willamette valley lambs 6.36 6.60 Poor lambs 4.86 - Ordinary wethers ........... 4,25(5.50 ' Fancy awes iir..iiiiiii.",:r8.854.0O Good ordinary ewes j.gs . Monday Morning Sal, STEERS, Buyer. - Av. Lbs, Union Meat. 16 .....1311 Union Meat 9 1163 Union Meat 25 ...1288 T R. Howltt, 26 ........ 1139 Union Meat, 27 .1115 Sterrett Oberlee. 27 1114 James Henry, 26 1218 James Henry.. 26 ........1238 Pries 7.2S 7.25 7.U0 7.00 7.00 7.00 7.00 7.00 7.00 ,00 - 6.90 6.75 James Henry, 24 ....... .1263 James Henry, 25 ........1227 Union Meat 2 ..1155 Monroe Mer. Co., Union Meat, 9 .. 1190 1181 (Continued on Following Page.) J. WlOON & CO. NEW YORK STOCK EXCHANGB " NEW TORK COTTON EXCHANGB -' CHICAGO BOARD OF TRADE! " THE (STOCK AND BOND EXCHAKQB VORJLASP OFFICE 1 069 Oak Bt, Ground Koor, ZVewis Bldff. Phones Marshall 4120, AA17 ' Dutch Belted Cattle 15 COWS AW 1 ST7XX, TXOU Frank BuschPlace t AT yrAMMUVTOV FOB SJUUB 8T Bruce Commission Co. P02tTT.AJTD J VVJOIt STOCKTABDS Also Have Other Dairy, Cows for Bala, REMINGTON tv TYPEWRITER COMPANY " w. . 88 SETEBTg ST. - -Have established KIW EEirjrAl atATZS Models Bros. and,?, at 93.60 pes meBth. Model So. 10, at $3.00 paroauL , epsoial rat foMpng thus reatalaT ' J Wavi&i fiifWf