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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Nov. 24, 1912)
THE OREGON SUNDAY JOUr.IIAL, 1 C . A Jj A I J I), U II D AY 1 ! " . ' iAKECET Edited bu O Jf T ioi M W O M Ml r- r-"i Htman H.Cohen Vool Market Outlook Hopeful A BAD MONTH FOR TURKEY Heavier Importations of Cattle 4? - REVIEWS P n Late Buying Shows Good Future A vent promising outlook U shown fr xha wool trade. Recent transactions iWtlie eastern markets and in Europe fh-iw clearly that the visible supply of wool throughout th world la at the lowest mark in year,, and ' everywhere lactones are running on gooa unre. . While efforts have been madeand hti Ktill being made-by some of the hiding woolen goods factortea to In fiueiire the market by withholding their imrt hanea a long as possiDie, me mar ket rights Itself vn every occasion, and therefore, .when buyers are forced to take Hold ' to secure, their Immediate needs, they are forced to pay the prices oemanapa ov noiuers. ' in view tT thfl lone-drawn-out agtta- tion ' among leading buyers : for lower . prices ior- me neece, tm uujmi , Hifi-ffore, o a Very favorable character. Whlo it Is true that manufacturers ro buying only from hand to mouth, the aggregate sales are well above those of previous . seasons for this same period. There is no doubting the fact, that there was a serious decrease in the American woo! output last season, and the entire world's production shows a fhrmkame that had not been generally expected. Wer conditions normal this would not be a serious Influence upon the output f6r the immediate future. . In the United States, in Australia, as veil as In other i -world's producing see-; tlons, bands of sheep are showing a1 Review, of Textile Industry of the World Great Britain, and Oerman Industry. The president V.ot the government board of trade in a British parliament tary printed reply to H. Page Croft, M. V., Rives the following comparative sta tistics' for 1907 relating t the. pro duction of woolen, -worsted and mohair goods In the United Kingdom and Ger many, respectively: Total make of tops, 243.BO0.OO0 . pounds (estimated J and 136,735.000 pounds; total make of wool en yams, 260,000,000 pounds (estimated), and 223.8J1.00O pounds; total make of worsted alpaca. - mohair, etc, yarns, 3 "6,000,000 pounds (estimated) and 146, 643,000 pounds;- woolen and worsted pure and mixed) tissues woven for own account, quantity 365,657,000 yards and 249.S34.000 pounds; value $158,000, 000 and tlS5.000.00; woolen and worsted tissues (pure and mixed) woven on com snisston, quantity, 31,577,000 yards and 20,419,000 pounds. ... .-. Carpets, flannels, blankets, and other fabrics of wool to an aggregate value of $48,316,000 were manufactured In the United Kingdom In 1907,- but tha cor responding figures, of German output were not available. - , . s German Mill Profits and bosses. The report of the Rothes Meer Calico Printing Co,, Dornach, Alsace, discloses 124,000 net . loss," against HtLOOO1 net loss last year. The capital Is $620,000. The AlBatlan calico printing company, Frerea Koechlin. Mulhouse, reports a small net prof it. but Is paying no divi dend. . Last year the preference shares received six months' dividend. Th Brennet Colored ; Weaving company, Sluttgart. discloses a net profit of $100. '00, against $105,000; . the capital is $950,000. ThS ..Lampcrtsmuhl Cotton Spinning ft Weaving company, pear KaiserBlautern,v discloses $22,500 ; net profit, against net loss last year of $106,000, and -proposes a dividend of 4 per cent. ; Last year no dividend was lald, The-capital is $380,000, reduced last war from $715,000. Th Leipzig Lace Works are paying no dividend, a gainst . 3 "er cent last year. The poor result are, said to Jbe. due. lo Jack of demand for lace. ' '. The Lower" Rhenish Flax 8plnnlng companv, Dulken, capital $428,000, had h list profit of $35,000, against $28,000, and proposes 6 per cent, against 4 per cent. The : turnover ; was $705,000, eealnst $562,000. The Rhenish Velvet Works. Niersen, are paying 10 per cent, - a g tnet'g pes eew4H-'. .. : -Other European Mill Betnrns. Several . large Russian textile com panies have announced important mort gage I, debenture . Issuea. The New Kostrora Flax -Manufacturing company ban issued $1,250,000 stock, the Moscow Silk Works are aboul to issue $1,000,000 s ook, and the Dresden Lace Manufac turing company, Warsaw, is about to Heavy Losses Are Fmm Svdney, Australia, Sun, Sept. 25. , . The loss. to Australia caused by the last brought,' as revealed in the wool clip, is expected to run into something like. $25,000,000. The number of sheep estimated to have died In the dry, period was between 5,000,000 and 6,000.000, anj in addition it Is regarded aa Improbable that of the lambs more than 25 percent survived. f ' :.v;-;n'.si.-i:;; The effect : of the season is feeing plainly felt at the present .wool" alos. liven the clips raised away from the drought area are less valuable than usual..' Almost over the whole of New South Wales and Queensland the fleeces -mi Bales.. 8,020,647 1,036.000 Australia -.v.'-.. New South Wales The figures for Australia Include also also stated separately. Boston Wool Quiet; A late advlre from Boeton says of the wool market situation there: Business is, rather quiet in the local wool market, but that is a perfectly normal condition for this time of the. year, when the manufacturers are near, ing the end of their orders for light weight fabrics , and are getting ready "for the heavyweight season. Moreover, most of the manufacturers, especially the larger ones,- as a. result of their recent ; purchases tfre pretty well sup plied with wool, and it Is only natural ' tl.artffeTsnffUlffifoWTSe' HJaTifig-T)Uyef s. The lack of real activity, therefore, Is jiot disturbing to the wool dealers, nor Is It affecting prices, which are as firm now aa they have beenvjtt any time this season ' Supplies of wool are down to surfh "a," low iJOteR thar there Is not th-ieast apprehension among dealers but that every pound that Is here will be needed. It is figured that the manufacturers bava not a great deal more wool than they will need to fill the orders they nave for lightweight goods and that the lieavy weight season, wmcn ordinarily tall for larger quantities of wool than REMINGTON v TYPEVYRITER COMPANY Sav Mtablishtd HXW KEVTAX, &ATSI Bgodtls BTos. aid 1( at f 2.60 pt moato. ! Bivai no. iv, j.vu p monu, Special rat for long Urn raatala. J.GVILSON&CO. KXMBEM. - NEW TORK STOCK KXCHANGB KKW TORK COTTON KXCHANOS CHICAGO BOARD OF TRADE! THE STOCK ANH BOND EXCHANGE SAN FRANCISCO fOltTMMi OFFICE IS' Otk Bt Oronnd rioor, lewis Bldg. l'Uoac Marsttali iaa, A4187 decrease. The -most startling decrease Is in this country, where the lands are being sold at high prices for farming, and in a measure, this is true of the Australian situation. , ' Hero in On-con. the decrease Is more marked than at places east of the Rockies, but holdings in Washington, Idaho and California, as well as the southwest portion of the United States, arc less than for many years. Big woolen Interests are making their ftreaent siafia against me wool mareri n the hone of inf lueni'tnr the sale Of contracts ror tne coming season s cup. All stem j to realise that unless some thing Ik: done to check the movement, ideas of .woolarowers will climb upward and all will demand higher prices next season, ' , ' ' One very good sign ' of ' the present woolen situation is that the demand for finished product shows no sign of abate ment. The hla-h ' brice: f cotton has forced woolen interests to recognise the stsnding of the Industry. . , inwriKin . manufacturers' are . unable to scare growers by alleged reports of blr purchases In foreign countries, for t ie reason that such reports would be easily dlf proven. Foreign markets are higher relatively than those in the Unit ed States, therefore Importations would onlv be at a loss to those that might possibly try this gam 40 Influence the American siuatlon, ... issu O40.000 stock. A new artificial silk plant is being erected In Russia? tne capital or tne company, tne socieic Anonyme Beige des Soles Artificlelles ae Boxatcherr. is ieoo.ouo. 'rne xessi ture Serlche Bernasconi, Cernobblo, tap ttal $1,300,000. one of the leading Ital lan silk manufacturing and dyeing com panies, reports a. net profit of $86,000, against $105,000 and is sgaln paying ( 2-S per cent The decline In tha profits Is attributed to a falling off in the Turkish demand for the company's productions.. Another Italian silk com pany, the Fabrlche Italiano da Seterle, Como. capital $500,000, has a net profl of $35,000. against $40,000, and ia again paying 6 per cent. ,.'.;'', . Bxtenslva Trade In 'Watta, Ooods. " English manufacturers of all classes ot. waste goods continue , well engaged on old contracts, but repeat orderB are somewhat scarce, as merchants,- in view of the decline in cotton, expect a re duction in price for new business. Con denser and cop waste are, however, firm in price, and although dealers have fair stocks in hand they are not anxious sell ers except at satisfactory rates. The leading spinners are also well supplied with orders, especially for the Yorkshire fancy dress trade. Light makes of both filaln and twilled waste cloths are still n considerable favor with the home trade houses, and to some extent cloth iers and makers up are buying this class of goods in preference to drills and jeans for tha pocketing and lining trade. wasie iianneieues are now a leading feature in many of the home houses, and have a considerable sale in the country and colonial trade. The export demand for sized preparation qualities is ex tremely dull, the troubles in the Levant having for the present extinguished the Salonika and Constantinople trade. Tri poli business shows some Improvement, aa the settlement of the Italian and Turkish war will, It Is expected, benefit the North African ..trade In tha narrow and cheap qualities. TU West African trade in plain and fancy stripes is mod erate in some of the coast towns, but dyeing qualities are dull, as makers are not aisposea to accept tne low-oners, especially ror "condenser" cloths. Minimum Prices "lot Thread. The directors of J. & P. Coats (Ltd.). of Paisley, have, finally completed the arrangement wnereoy 30.0UU liome-trado customers will have prices fixed- below -wateh they must -not sell. . CoaU's-pcieea In future are to be subject to 15 per cent trade and 814" per cent cash dis count. In government or public Instl tutions contracts a discount of 10 per cent may be given off list prices. No alteration in selling prices will be al lowed during "sales," and It is mad condition that the trade will not sell competitive goods at a smaller margin of pront than that on coats s. Shown in Australia are lighter In some cases twd pounds, and if not as high as that everywhere, certainly not much less. The clins from the tablelands and slopes did not suffer io me same extern, out mese iieeces were reduced In value by reason of the fact that there was a good deal of seed distributed among them. The falling off in the wool clip is ex pected to represents 20 per cent of last year. Competent Judges the men who are In touch with alt the wool producers and handle pearly all the wool clipped reckon that the returns will be approx imately as, follows, compared with last year: -..,-.- 1912 Value. Bales. Value. $117,486,193 60,292,-844 1,600,000 800,000 $93,110,600 46,548,000 the New South Walea clip, which is :. Conditions Are Good does the lightweight season, wltl bring the manufacturers into the market for additional supplies. If there Is a special session of congress In March to revise the tariff, no legislation could become effective In time to affect the present elipi.-. - . . . Most Of thi trade fawrs the calling Of congress In special session so that the tariff i changes could be made promptly and glv the trade a chance to adjust Itself to the new conditions. LLHUL m?tter Jeft .untiLthft regular proaiuii in je;tsuiuer it win .mean that much longer a period of uncertainty in !Sf S."" ft?d nwntly In the wool, market. In other words, it Is a question of a few months or a year c-i unceriainiy, ana or course, th sooner the matter is fixed so much less CTsuy wm ds ine cnange. xne Dusiness or the past week, thOUKh not laree. hft been well Hto. trlbuted among the different kinds of iock. Montana woois have become pretty well cleaned up as a result of the recent large- sales and figure only tp a small extent in the recent trading. vhihi orriury wvujh, especially in miemii uaji, nsn Gone well, and a fairly good businesrHa's Jbeen In prog- hi n.-uurra ana jiexas cups, while fleece wools and foreign dips har gone, as well as limited stocks would Bllow, The original bag territories were New- Mexicans, l?tahs-and -Wyomlngs, which ranged at 1822i Scoured wools have sold at 6860c for fine and 66 57e for fine medium stock, -whU trans fers t)f Texas clips have been at a clean basis of 6262c, for those of a year's r-owth and 65c for eprlng wools. The , fall wools in Texas are now be ing marketed and have sold in the prl- ?o'S!t,,0"1,t, tPrl,!M llve meant 42fip45c clean, laid down in Boston; those prices compare with 40c at the tacpfibe easoa.aeat.ascwlLtn way ofTleece wools, there have been sales of Ohio X woolr , grade of which l'"le is now made by local dealers, at 30c, and fin unwashed clothing clips from that state have changed hands at tiood Fixed quantities Of New' Zealand 44 s have recently been taken at 26 (Continued on Following Page.) thV -3 riwum. Americans Liberal Consumers of Wheat ProductsSome Do Not Grow Enough. Every man, woman and child in the tJnited States consumes the product of 6.3 bushels of wheat each season. This is the average consumption per capita In the country according to official Information. The greatest amount of wheat products are grown In the western states; the av erage consumption per capita being six bushels every year. South Atlan tic and south central states eat lean wheat products than any other section of the country: the report showins a per capita consumption of but 4.6 bush els, Several states eat very sparingly of wheat products, the average being only four bushels for each person. These states include ueorgia. Alabama, Miss issippi and Arkansas, all southern states wnion use more corn in proportion than tliev do wheat. The greatest eater of wheat nrodnrts Is New Mexico, where but little of the product Is grown. Each person in thut staterispportroned 1, bushels of "Wheat a year. . The average consumption of wheat proaucts in uregon is placed at 6.1 bushels, Washington, 6 bushels; Ida no, 6.5 bushels; California, 6 bushels; Ne vada, 6.1 bushels; Arizona, 7.2 bushels; Colorado, 6 bushels; Wyoming and Mon tana, 6 bushels per capita. Thirty-two states In the United fetatea do not produce enough wne.it for their requirements each year and are forced to bring In supplies from other sections. None of the New Eng land states grow as much wheat as they peed. The same is true of the north central states east of the Miss issippi river, wmcn include Ohio, Indt ana, Illinois, Michigan and Wisconsin. The south Atlantic states with the ex ception of Delaware are compelled to Import wheat for their requirements and all of the south central states with th exception of Oklahoma are import ers of the cereal. All of the north cent, ral states west of the MissisHlrpi river with the exception of Iowa grow their requirements of wheat In the extreme west, California anl Arliona ttre alone In their deficiency of wheat production, all of the other states showing a good surplus. Cali fornia estimated imports of. wheat for the year are 9,864,000 bushels. This Included, flour. . ... , . I -.-. WHEAT MARKET IS SAGGING Little Business . Passl nit in Local Territory Thla Week. There was a. sagging tone in the local wheat trade during the week. Prices showed, but littls change, most of the bids, being similar to those noted, at the closing of the previous week. The lower price for , wheat cargoes caused exporters to practically with draw from the market. They realized that, lower prices at this time would not bring out the supplies, thereforo they did not make free bids. Market for oats was firm but onlv a fraction higher than last week Hnv. Ing was rather liberal durin ttii. tnra part of the week but dullhes ruled later owing to the smaller offerings There la little business passing In barley trade during the week. The de termination oi -Laurornla interests not to accent stalAsd stouk . f bbbi -t k.. u.. clflo northwest on their eft the market without demand. ' V The market for hay was firm in some instances higher. The stri was confined entir.lv tn thl t. ami was confined entirely to .the better -uB.-iy, -jiemy oi tne orr-quaiity hay being available at low prices. WF?AT" N? FJPa ProlucefsT prices, track basis: Club, 77c; bluestem, 80 81c; red "Russian, - 75c; -fortyf old. 77c: Turkey red, 77c; Willamette valley, 77c . BARLBY .Producers' prices, track rolled 28 60 brewing, $28028; bATlProducers' prices, track basis: No. 1 milling, $27; white, $26.00026.60 ton. FLOUR Selling price: Patent. $4.10 4.80: Willamette valley, $4.20; local straight, $3.70 8.90; export, $3.603.70: bakifs' $4.104.30, barrel. . ' AT.ProdurB' Vices Willamette Zri rX "n".ny tancy, lis; ordinary, $14.60; eastern Oregon-Idaho fancy tim othy, $16.50: alfalfa, f 11.50 13; 'retch and oats, Jli; cheat, $10.60. -V . MILL8TUFF3 Selling pricef Bran. $21.50; middlings, $2931i shorts, $2J.60 ton, ' ' ,. f'.'f.i j Money and Exchange. Loudon, , Nov. 23. Consols, 78 18-1$; silver, 2-SHd; bank rate, 6 per cent.-. . -Jifew.TorlCJoy3 Stcrlina exchana-a. long, $4.2; .short, $4.86; silver bullion, San Francisco. - Nov. 13. StRrlln- t- change, 80 days, $4.80; sights $4.84Vi; Doc , $4.7H; transfers, , telegraphiv 3 per cent premium; sight, par. - . Journal Waht Ada bring resulU. . tsii Hi FOR EACH CITIZEN -'llf, wJ$m?&P$ ' FfNANCE WATCHING SITUATIOH ABROAD Political Matters in Europe Still Attract Money Inter ests of the World. . '. By Benjamin B. Bryan. New York, Nov. sa.-Considerationap-pears to have shifted from the domestic political situation temporarily to that of the status of affairs in the Balkans, and to the attitude of the powers in connection with the mode of pacifying the contending factions. Advices for a period were suggestive of a settlement without further resort to arms, but In the past few days It appears from the tenor of advices received from the other Bide that -considerable diplomacy will have to be employed ana that many weeks are likely to be consumed before International politics will cease io be a factor of prim importance. . The heavy domestic exports and the repurchasing of American Issues, liqui dated some time ago by London and the continent, have been reflected by a sub stantial decline In sterling exchange. In fact the ruling level of the latter has been productive of moderate engage ments of gold for Importation to New Xarko. fna.&apparnitly; has become, the general expeetancyUiaTadmestfc money position is likely to be benefited in a marked degree within the near future by substantial additions to our supplies of yellow metal. It has been generally recognized that one of the chief deterrents to pro nounced rising tendencies in the security markets has been the lack of a plentiful supply of credits for stock market pur poses, so that moderate cheerfulness has recently been In evidence with : rather clearly defined prospects of gold moving towards New York. . The highly satisfactory fundamental conditions are still the subject of much comment, though optimistic views are belnr tempered somewhat bv the nraba. Lblllty of tariff tinkering early in the new year, mere nas oeen a gradual ad justment as to quoted values in the se curities of those corporations likely to be adversely Influenced by a downward revision of Imports, but withal, the same has not been attended by asnnuch gen eral unsettlement as many Imagined would prevail The relatively stagnant condition of Investment markets Is a factor causing much sober , thought,, la view of the known prospective large re quirements in the way of additional capital of large corporations which will have to be provided for lnu-great part during the first half of the coming year, however,- the opinion l expressed that after the orops have been financed and funds begin to return to reserve centers that the new added wealth of the nation will be reflected by a rewakenlng of the outside investment Inquiry. - , jjescription. iQp-n.iHlgh.i lxiw K;io Amal Copper Col 84'ft Am. v. 4c r . C. Am. Can, c... . Am. Loco., e.. Am. .Sugar, . o.. Am. fcVnelt., c. Ana. Mln. Co. . Am. Woolen, c, Atchison, c... t9 42 79 43 Haiti. & Ohio, c Beet sugar Bkly. R. T. . . . Canad. Pac; c. Cen. Leath.. c. 554 81 264 11 114U C. & Gt. W.. c. v.. M. s S. F, C. & N.-W.. C Ches. At Ohio,, SI 142 Con. i Uas uas corn -rod., c. D. & R. G., c. Erie, c. Gen. Eleb 16 S4U 34 184 183 Gt. N., ore .lands. U. N prd, i38' isSii Interna. Harv. . Inter. Met., c; Lehigh Valley . Louisville k N. 121 120 20 K 176 146H 176 145 Mex. .National, 2d m. k. t c. Mo. Pacific . .. National Lead ' Nevada Cons. , N. Y. Central., N. T. O. & W.. III 23 23 U 23 U4 1144 114 Norfolk ft W., e No. Pacific, e... . Pac. Mail S. Co.. 124 H 124 H 124 H Pennsylvania Ry. 123 116 128 11 f. o. u ft c. CO, Reading, e ..... . Rep, I. A S., c. . . Rock Island, , c. . 173 171 28 2594 21 28 25 80 Kit.. 4J. w V.V .tUil&. St. L, 4&. C, Southern , Pac, c. o. nauway, e. a Texas &. Pac... T St. L, A W.,o. Union Pacific, c. 172 172 Union Pacific, n. MM . .... V;.8. Btwl Co'pf. in . utan copper, v,, Virginia Chem.. Wabash, c.T. .. W. V. .Tel Westing. Elec, Win. Cen.. c... 63 79 $2X Ha, I ' I Total sales 124,300 shares. ' 0,T"l I Atnsilwl If A k V Pf?0ClflMflTI,QN we havb 'anj BhuT to f6cve ,j ; BELOW REAL W Even at Values Less Than the Stock Can Be Grown For Call Extremely Limited. , Th$ market for potatoesis unusually poor, even for this dull season of the year. -. There is practically no demand from the outside for the local product at the cost of production, and shippers who have tried other markets recently report only losses for their efforts. With the biggest crop of potatoes all along the Pacific slope that the trade has ever known, all sections are quot ing lower prices than for many years, and then only a small percentage of the offerings can be moved at all. There is but little hope for any im provement in the California situation for at least six weeks, If then. The river district not only has Its greatest crop per acre, but has the greatest aver age ever known. This stock is now pressing for sale all through California -and the south west. at very low prices, therefore, being unable to meet these quotations, there is practically no call for the Oregon product. f -Idaho -parties-are making-a-determlned errort to unload their huge production this season, but the demand is unusu ally light. A train load was recently shipped from there to the Missouri river section in the hope of getting U off the Pacific northwest market, but the returns received are far from en couraging. California advices confirm the report that there is little or no outside demand for their potatoes even down to 40c per hundred pounds to growers, and even if a Iowr price Is accepted, it Is not expected to have much influence with Locally, there Is not suefc. a heavyT suppiy oi potatoes Demg marneiea. This Is due entirely to the fact that ship pers have discouraged offerings owing to their inability to pay prices that will pay for the cost of production. Potatoes are low priced everywhere in the country and ample stocks are shown on all markets. . Inability to Move the Bulk of Their Supplies Is Having Effect Upon the Trade. ; Some means must be found to secure an outside call for local cabbage, or many growers of this product will be forced to quit the industry. - For several years they have suffered severe loss, owing to tne lack of de mand when the bulk of their stock was available. They have been able to find a sale at the start of the season and at the very end, when little stock was to be had. The bulk of their supplies have t-bea H hr eaerif lasd , a t priees lower tnan iney are aoie to produce it, or else has been dumped.'. ' . The situation is a critical one for the growers ana to a more or. less extent, the dealers.- - . - ... Oregon produces the best cabbaire on tke Pacific coast, but there Js little iall lor tne product until tnere is scarcely any to be had. The demand generally springs up when the poorer quality California stock is4 offered. The trade In the south always has a demand for cabbage at some price, therefore the industry is expanding, while local grow ers are being forced to the wall. KANSAS CTTY LIVESTOCK Kansas City.' Nov. 28. Hogg 2800: market 60 lower. Tops, $7.80. , Cattle 600; market weak. Sheep None; market firm. San Francisco Produce Market. San Francisco.Cal, Nov. M -t-rtrot,, calls: BARLEY. O ' .iff Open. High. Low. Close. 147 . i ; De. May 14744. . 147 .141 141 189 WHEAT. "l ,...'.".,.,, I , Deo.. 181 B ork Cotton Market, Open. High. Low.' Close. January ... 1246 .1250 March ......1249 1255 1236 1248&50 1Z4U 1239 1237 : 1262)56 1253066 1248349 1237 38 117981 124.4 49 May ....... 1249 : 12Ks July ........1245 1249 October . ., .1165- 1179 December ,,1237 1246 1165 1230 POTA PackersHold Back hog Industry PORTLAND LIVESTOCK RUN. Week Ehding Hogs Cat. Calves Sheep Nov. 23.,',. ...,.4619 Nov. 18,.4....4699 Nov. . 9... 2636 Nov. J., ..8341 Oct 16.,....,.. 4576 Year aao .......1511 1824 16 7540 4903 1787 . 676 1547 1996 1094 1700" 81 65 14 10 18 6484 4009 4693 9968 6083 Two years ago . . ,885 Bv Hyman 11. Cohen. Heavier importations " of cattle fill the depleted ranges of the Pacific northwest will be made within the next Six months. :.. - r' .a .:;.!;.. : Kvery section of the three states is looking after this Important branch of ranges will be carried forward all win ter ana next spring ana summer.-, . Whilo th hulk at th SUUDlles will be brought forward, from Mexico and Texas, other sections of the country will be drawn upon. The dairy oianoh will receive even more attention than tha beef cattle, because there is a more crying need for the former than for latter, aunougn au sorts pi came are needed. "'.', a:i;. :;;..v.-...-i-vr'v:i. Tha Joke of brinalna coals: 4o, New castle and apples to Hood River pales beside that of bringing cattle Into In terior , Oregon from other sections of the American continent. ; . - . For the purpose of. restocking the extensive holding ; of the ; Prtnevllle Land - a Livestock ' company.' ' Henry Hahn. president of the corporation will soon leave for a trip through the, lead ing sections of the east It has only been a few years since the Prtnevllle country seemingly had a sufficient amount; of cattle- for all needs, but at this tinre practically' no holdings there are available for the market V what is true of the Printvnie. coun try is equally true of other sections of the Pacific northwest. Everywhere cattle Is scarce and the high prices now, available are stimulating interest in the industry, which had for many years been allowed to lag, ,t -... Cattle Karket Zs Good. For oualltv offerlna-s the cattle mar ket at North Portland was Quite aood. While there was quite a heavy run, the market absorbed most of the offerings quite easily and called for more. The only portion of the trade that showed lack ' or interest was in mat division where only poor quality was available. Wnlle first class steers' and cows, as well as bulls, brought extreme prices wit a ease., tijere was no inclination t take hold of the poorer stuff except a the low prices that bav been in effect recently. From the present viewpoint, there Is not likely to be any material change In tne price ox cattle witnin me immeai ate future. Present prices ate seem ingly at the top, or possibly within fractlnn nt It - It la likely that extra good mialitv will sell a fraction higher but for the general run of offerings. Indications are tor stationary values. North Portland cattle range: Heavy feed steers.. ....$ Choice steers . Common steers Fancy oow Ordinary light cows Fancy light cows Heavy calves . Best bulls . . Ordinary bulls Hog Market Easier, Heavy marketing of hoes continues in the North Portland yards and prices art fractionally lower after a small rise. The market here vis following somewhat closer after that shown at points east of the Ruckles although this Is not true of what packers are charging for pro visions.... - ' -, Much ado Is still being made by kill ers of the fact that most of the hog products used in the northwest are lm Growers Trying to Figure Whether It Pays to Turn Out Superior Stock. Much Interest is being shewn by Pacific northwest apple growers regard ing the law passed by the last congress regarding the packing and grading of the fruit. There Is no denying the fact thai the quality of apples in this section is not as auoa as it was a lew years ago when the orchards were in a few hands that took much pride In turning put superior quality. ' ? ... While it is probably a fact that the sreneral run of apples is somewhat better than during the previous season, there is less care being taken in the districts that secured a reputation In former year for the best fruit ever marketed. This is true especially of extra fancy stock. For several years, the World's ."extra fancy" on an apple label scarcely meant anything and buyers have become accustomed to seeing all sorts of qual ity in ooxes containing wis laoei. . The extra fancy apple label 1 mis leading in the extreme. . Commercially speaking, there Is not a sufficient amount of this grade of fruit, to give mat quality a standing. Apples that should be marked fancy are in many instances given the higher standing. On this - account - the market can scarcely be established.' There are too many grades of "extra fancy" and -buyers are confused. - .':,.,: Whether It pays growers to market a strictly .extra fancy apple Is a condi tion that is causing much debate In the trade. At tne Dest. tnere is only a very limited demand for this class of stock. Whether this is sufficient to pay pro ducers to turn out the proper quality Is an argument that buyers are asking themselves.. Labeling fancy fruit under an extra, lancy laoei aoes not soive tne f roblem by any means. It simply makes he buyer more wary and suspicious of what ne purchases. ' Problem! of Distribution to Be . :Taken ITp at Meeting : ,s . at Spokane. , Snokane. WirSh.. - Nov. 23.-Robert R. Strahorn, president of the apple show, has decided, on request of 115 leading growers, railway officials and bankers of the four states, to call a meeting, in 8pokane December 16 for the .purpose of working- out a cooperative marketing nlan. TDeles-ateS- will represent every f TOlt-"growinr-distrief -4nth-Paeif le f nortnwest..".".- 'v--'--'' ,rs- - - Apple arowers have no fear of over production, but they are agreed that an effective marketing, system - that will eliminate some of the intermediate hands through which their product now passes and that will reduce the prloe to ennnumer, Is essential to the prosperity of thousands of orchards. 7.00 .8.90 8.78 ..g.26 6.0ft 8.60 M0$6.60 4.0004.75 4.00 4.25 EMWVFII ported from the cast. In view of th nigh, prices that packer are maintain ing here, the reason fof the eastern Im ports i plain. .'T - ; . While there has been a very heavy increase., in the output of hogs here, there has been no corresponding growth demand for the home products. This is due to the fact that packers her and elsewhere In the Pacific northwest , are favoring the eastern hog Interest b?".weeJ?,?sL the nrlcp VotV. product fu th, 1le,.rnt. tth Chicago market plus-, i the freight here. This therefore gives tne eastern pHokers an equal opportun- jty to get Jtrade here as it does local . Interests. The fact that leading pack- ers here are also interested In the east ; situation c0ntrlbute8 to this unnatural ' pV atBlrt "s0 ' Bttsin.'- 'V" 4. ong as Pacific coast packers nam the same prices for pork products as th eastern Interests can ship their stock, here-and par th big freight charge, ' there can be little If any increase tn th marketing of the home product -This to the Is agreed upon by alt that have given -the matter any independent considera tion. .-'.;u. ." Considerlnc this : fact th - Dimm.' ! northwest is, already .producing as many ; ! nogs as it can use and to further Increase in the output would only weaken th price. , . , s t ..,.. :....,.'.:.''-..? , ' NprtM Portland hog market ranger Best light "7.90 Medium light 4,.., .....; 7.85 Best heavy .,M 7.80 Medium heavy T.75 iC' .. H I . t r 7.00 ' Good Mutton Zs Scare. . ; While there. Were verv heai-v arrival ' of mutton In the North Portland yards ' during the week; little yof the stock came rrom the market; being direct ' Shipment to killers. : Oufta 1 7n o.-. . loads came forward from Montana for. this account.- 5 . ... .w .. . ,. Even though there was a very heavy run of sheep and lambs In the yards during the week, little real good quality cam forward. So far as poor stuff was concerned trad was not high-priced or ' satisfactory. i -,: , --.s.. General mutton market: ' 4 Best east mountain lambs. .,$$. 85. 00 Good east mountain lambs... 6.50 6.75 . Best Willamette valley lambs J.666.75 good Wlllamett valley lamb 6.366.50 Poor -lambs 4.60' Best yearlings i, - 4.85' Ordinary wethers ... 4.254 6(1 Fancy effes a. . 1.95O4.0I1 Good ordinary ewes . , Monday Morning Bales.' 8TEERS. Buyer. ? Ave. Lbs. Price. $7.00, T.oa 6.83 6,75. ' 6.75 6.75 8.60 6.33 $6.00 6.25' $6.00 6.50 $5.60 4.75 4.60 Sterrett-Oberlee.. 17 1058 T. H. Howltt.i. 107$ M. J. GUI. .....4. 12 .1038 T. R. Howltt..... I B40 iSterrett-Oberlee, . 4 98T Sterrett-Oberlee. . l . 970 M. J. Gill , . 1170 F. Lk Smith...... 17 819 COWS. Union Meat. t 995 Union Meat 4 1090 HEIFERS. T.-B. Howltt. 3 1333 -'780 1"!40 1400 1485 F. L. Smith.... Win. Bartlett., F. I Smith. . . . .. 10 BULLS. .. 1 . .. 1 .. S Union Meat.... Moaday Afternoon Sales. .. STEERS. ' Buyer: No. .Av. Lbs. ' Barton & Co..... 26 ,1228 COWS.. . Price. " $7.26 $5.75 6.60 5.60 ' ' (.60 6.60 6.60 6.60 6.50 $6.60" 8.2$ Barton sc Co..... 8 v, 1830 926 910 985 931 Barton & Co.... . Barton & Co..... Barton A Co. . . . . 25 28 26 26 26 20 Barton 4b Co..... Barton & Co..... 946 92 990 "890 980 Barton & Co... . . x - . HEIFERS. Barton & Co 1 Barton ft Co 1 CALVES. BarlonXir.T:77'-T 290- 1450 1030 151 826 224 187 223 810 "216 193 226 214 25S 184 ; 177 . 190 - 118 380. 811 , 290 330' 287 420 1 i,, 448 1 390 '880 v, 275 BULLS. Barton ft Co...... 1 Barton ft Co...... 8 HOGS. Ray-Falrchlld. . . . 13 Carstens Pkg. Co. 60 Carstens Pkg. Co. 80 union Meat .....101 Union Meat 76 Carstens Pkg. Co. 84 carstens rag. Co, 83 Union Meat 74 82 . Union Meat Union Meat. Union Meat Union Meat Union Meat Union Meat 87 78 91 10 27 10 Union Meat Union Meat 6 Carstens Pk. Co,. 27 Union Meat. Union Meat . . .. Carstens Pk. Co. 1 4 2 Carstens Pk. Co. Union Meat . . . . , ii.ia. 1 ..... . - uuivu mm, , . . . . 8 Kay Falrchlld. . , 1 union Meat , Union Meat ..... 1 Union Meat . .... 5 Union Meat ..,..$ Union Meat ;;..... 1 7.00 490 - xusaay Mornizur salsa, '. . HOGS. :v Buyer: ' - No." Av. Lba Prle. $8.00 7.75 7.2S 7.00 James Henry . . . . 81 195 union Meat ..... 63 190 3H 876 James Henry . . . . 3 union Meat ...... 2 Tnday Afternoon Balsa. STEERS. ' -Buveri- ' No. A v. Lbs. Price. $7.00 6.8S 6.60 .. (.66 (.86 ..'.rt...?.-., $4.75 4.75 $4.75 ,4.78 Union Mear 1 ' ioo James Henry.... 22 979 F. L. smitn,.,i.. i Jame Henry.. j.. 4 Unioin Meat...... 6 944 1 1100 1080 .1075 H. Wolf.,.....8 H. Wolf......... 1 800 H-iWolf H. Wolf H. vWolf ...,. 8 ,700 .. ' in- 1910 BULIiS. ... 6 , 1 Union Meat 1614 Union Meat , 1370 HEIFERS. FrfSnUli -868--- -$. (Continued on Following Page) J TAWIPOTATI01f. ANCHOR LIN STEAMSHIPS Mw York. Xioudondsrrr aad QUsgew. aivw ivHt caMiwe m jxapi, Attractive rate for Ucketa btwa New York and all Scotch. English, Irish, Con. tinanta.1 and Mediterranean Point, aa. parlor Accommodation, Xxoelleat Onisiaev tXficleat 8rvto. AVifiS tot Bv Uon to local ageni 01 Anouor i.in or HUNDERSON ' URO!U General Agents, CObSBAYUNE MAlla tram Alnswortb dock. Portland 8 a. m. October 30, and thereafter every Tuesday evening at 8 o. m. - Frala-ht r. ceived daily except Tuesday, up to p. m. Tuesdays up to 8 p. m. Paasen ger xara iirsi uiaaa iu, aecona class 17. , maludlna- berth and meala. Tleliat nt. Tic at Alnsworth dockvr Portland ft worn onj nteauisuip uni, -a, J. ilohr. X.o Angslss -' anA Baa Diego " yAUi 'ffihlPV ilARYARD X Railroad or any shlp to San Francisco, the - Exposition City. Larcre it. fnat..; and the ONLY Strictly first class pas senger ships on the Coast: average speed 28 miles per hour, cost $2,000,000 each BAIT rBANCISOO, PORTLAND ft L03 aavAi,Aa a. b, vv FRANK. HOLLA M. Airent- Main 628 , I'ii SiD fclavCi-i.'. j .-4691 s 3.8$ -7.D $4.73 4.2S V 1)0 " 8 00 8 00 8.00 8.00 - 8.0-) -'8.00 -8.0O . 8.00 8 00 . j 8 00 -8.00 8.00 v 7.85 7,50 ' 7.25 7.00 , . 7.00 7.00 . 7.00 7.00 7.00 ' ' 7.00 7.00 7.00 7.00 . -7.00 - I.VV S 7.00