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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 16, 1913)
i'ai: o:;i:go;i d.mlv jou::::al, io..ilm:d, Thursday evening, January is, 101 r T Pr rPi 0 "P'H I u.bil if Luj-i i HIT Oil STREET ITH ..'-iilCeSE IN SUPPLY Market Is tMonerally Lower With Re . t elvers Unable to Clean Up at 31 Cents and Even a 30 Cent Market .',- Is Not Healthy Today. 7- P0KTLAND paoDVCB thade. . Effffs Weaker, Cmcteni Steady. Cheese Prioes slump, Bolmon Vary soarce. 'j Smelt Supply limited. 4Jotrjr-eat towers -t r Buttor-rBoldlnj firm. Apple movement greater. Tnere was a generally weaker feel lug in the, produce trade along Front street today, and In quite a tew in stances prices were lower than during recruit dove. - ' The weakness of tho eei tiade was really no jnirpriee to handlers, although the fcxtefit of the dullness had not been generally Appreciated along the street. k Alices here have been so much higher 'than In California that the trade tnere "has been shipping quite liberal supplies -In th9trectlonrainithelTnportTUiaye wade considerable money, This has generally bef-n accomplished by dealer who were nominally sellers of Oregon etocki but were mainly selling the looutliern product owing to the greater proilts received; My maintaining an artificial, value -for the home stocks af' which 'they had been , receiving but Utl'e 'manipulators were able to make - still - greater profits on the outside i goods. Strictly-fresh ranch eggs were quoted , this morning along the street at iiOo to Die-a dosen,. but holders at the higher lisure have been unable to unload from day to day. therefore tho accumulations ure' Increasing Instead of showing a d ' crease at the decline Case count stock is quoted from 187c to 29c generally. KMKLT SUPPLIES SMALLER : x-'f:'"'' 'A ,'.' , ..;;!., , Tho. run of smelt in the Cowlits has practically ended and the local market was firmer .and higher' at 4o a pound todiy. rracttcally notlsh are .being taken In the Columbia. - f . , HAUltlT IS TOO HIGH Much complaint Is being mado regard ing the' extreme prices lliat are ruling for halibut here. Wnolcsalers say -thai . even at the t extreme price they would 1 ra titer prefer not to handle thorn, be cause, of the record values being quoted on Puiret sound. ...... CHICRKX MAltKKT W STEADY , ' jf n ' : :,i f -'-V.''. Market for chickens Is holding steady In tho Front street . trade. While in some quarters dealers report a weaker trade, generally ; conditions are fairly good at prices being quoted. There is an excellent .demand for broilers but few of these are omlng. DRESSED MKATS ARK LOWER T.owcr wires are I toinitiv killed meat lu th i'miit street trad. '-..Both veal and hogs are weaker and lower. The torinor is aown at least a cent, white the latter is a half cent under previous quotations. Receipts la both lines 'are heavier. APPLES STILL " IMPROVING Demand for-apples continues to lm- -nrnvp Air jiinn tit nno ina iw ii sorts or 'orrermgs tno usmiirai is nruer and fractional advances are being shown in the nrlce of Iha. poorer stuff. There art 'practically no extra fancy Spit jen bergs .boingf offered. , . GOOD DEMAND FOR CABllAGK Ttit la an mrei'llunt Hfmanil tnp rnh hagA'in-the local market, i- Offerings hav; shown a material decrease sinct thi nohl weather, and a large percent of the 'atoek is not ftrwt oIbms. Sowb '.dealera areTnalting jt determined effort above the local stocks, because they are making more money on tno tuntnern produce. ' ' FORECAST FOR SHllTElis' Weather btireau sends the following tootire to shinpors: . ''Protect shipments as far north at Seattle agsinat minimum temperatures of about 35 degrees; northeast to Spot kane, 22 degrees! southeast to Boise, IS Araven: south tO'Sisklyou. " 30 degrees. Minimum temperature at Portland to nignt, about 8 degrees." - . 'i i ifr- A 1 1 i " PORTLAND JODBIXQ TRICES - '!,, .":.i' .:-:,.,-vi. ii ' ... ..n!f.-V'S,.l-t,;: '.''-'(P Thets prion r tbose at which wholculert toll to rotiilert, etpt t otberwb suteai - Buttsr, Zcgs ana Poultar. BOTTKR NominHl, r rrnrmry, fabes liod tubi, 87 He I prtnti, 8TV4J38c dairy, Uo. EOtiS NomlnHL Cmdled lorttl exlrx, 02c; inilnry psndlcd, 80e; hh iMiytof prlc, Una off, ST28u t e. U. l"ortlnd; bet etpra t; l.'lVK rOUtiTBV-rttetn, jSc; nprlttgn, taWe! hroiler ; geese. BH''l rekUi ducks,. 1?; IndUn Bnuaer.' 13c( 'iMrkern, 10c; dressed, 82c) nljeons, eld, $1) young, tl.fio dim. . . 1AMB JsckrsbUUs,. .'2j per duten; wild prlco. for- Port- "- J"' i.Mii dllTrr. Der lb.. 88c CBEESE-Nomlnel; frosb Oregon-fancy, full creum twins and triplets, ITc; dnisli. jj yuuug Americ. ( ). . -Fruits tod Tegetabtes. . fBESU rUUll'S New sxrel ornBs, 5 I50Q 160; bsnsnss, 4V4-)4e lb.; lcuHms, $7.ti(i 8.001 limes, $1 per 100; grsHfrult, l,j fHi(a.6o: pliiespple. W lb.: pesrs, l.001.60 out; erenl berries, locsl, 8.TB per,b'M Mlrn. lo,SoU U.Ot'! Persisn dutss, IWSe lb " Al'PLE-KUng apples, 60e4iS,25; cooking, POATOE-,-,l1f price; Etr cbblce, 5Q t8c: bolee. 80c; r?'"ry. 6o per seclfj buying Price, csrlosds, 8o4i4oc! country poluts: wvets. U.60 per cunts 1. ONIONS UOcftU.00; sso"liitloa selling price tlx' Per col1' o. b. eblpplug poiuts; isrlic, lW?$a t .-- - - " VBliltlAlU:'8 New turnips, (i75f psir beet, si.tw:-" rt. ") uo per ckppr siilps, : 14l.23 'Hcki ..'eabhege, 1.5o; fome U, V I1. , 73i "trhig . beans ) inved iiuluns, luc uuseu bmicneej pepprn." peit Ine lb.r besd lettuce, tli.SO per crate; cel ery $1.00 dozen; en plant, SisilOc Ih.i ppM 'Jljj'cattUflewef,' a.W ertte; rtubarb,.' La&) bt '' ': - ' ':-''i"': ' l' "'-.' ' i -.j, ' - Xeatt, Fish s4 Froelslons, OttKBU MEAIU Oountry killed; Hogs, fsiuy. 10c; ordinary, eHe; rottgb ind hesTr, Hi-fc ' fsncy vesl, HWHMje; ordinary, .'IH'ji',' jiWr, VM-l Wtttos.-- mttic; nuttoa, .Ti.Hc: J,C WILSON&GO NEW TORK STOCK EXCHANUB NEW YORK COTTON KXCHANQfl U CHICAGO BOARD OF TRAD a THIS STOCK AND BOND EXCHANGBI , ' SAN FRANCISCO . ,, .. PORTLAND OFFICE 869 Oak St, Orouna rioor, &ewis Bldf, PbonesManibaJl 4120. A-41S7 PtoekeT Bonds, Cotton. Oram, Eta, Bl-ai7 Board of Trade Bnildiag. DIRECT PRIVATE WIRES TO' ALlr EXCHANGES i , S'embere Chicago Board et 1 Trade 1 Lot respondents of Lofmo 4k jUryaa J . Li,ktso. t:er. JuhX lEFFGIiT TO DREAK CHEESE THE PACKERS r.'UCH MONEY AND OUTLOOK IS FOR A STILL FU RTH ER LOSS PRESENT SEASON The cool sum of S 1 01(0 Iimh been dropped bv, eustern packing interests because ttiey wanted to beat down the price of cheese here by importing stocks from Wisconsin, v : Five carloads of this stock are said to have entered the local trade during the season, and a very large per . cent of this is unsold at the present time be cause the home trade dyes not cave for me riavox'.of eastern cheese, and is willing to pay even a premium for the Tillamook or Coos Bay stock, ' xneretore the importers have become very much alarmed, and stock that has actually cost them 19ic a pound to Wm;orims?TKgTre:eTy"Tnee'a market was again on the' offered open y at 18e, and.it is stated that quito a few retailers have been of fered the stock down to 17 c. This, therefore, shows a very heavy, loss to tn importers, even if tnoy coma un TENTH OF 1913 HOP Business in Futures' lias Been Much Better Than Generally EipectI. and Call Is for More. . According; to fisrures given bv various dealers today,;, about a tenth of the probable crop of hops .during the coining season has already been contracted to date. Recently there lias been considerable business passing in the contract market ac I6ts a potina, ana growers are show ing, more disposition to let go at this figure. The eagerness of brewers to purchase 1913 contracts at 15c a pound js indi ealutl by their small surplus. It Is stated - that in no time during recent years have, stocks of hops In the hands of brewers throughout the world been so limited as at the present time. ; Market for snot boos continues verv firm., There lias been a gradual hard ening tendency in the price of the poorer graues, and tooay range or prices, is from l? to 2Uc a pound. . Business has recently been reported at both figures. ' Knot os are being held firmer than contractu by growers. There is a fair amount of business available 'at tlie prices how quoted, and the movement Is held back only by .the lack of general offering by the country. oats.- 34l let beefTWttlOe. HAMS, batOM, E'l'l,. Hams 18019c; break-l last bacon, loviiiu-TK-, ooueu . nam, X7e; pic Wcs, jac; cottage, JSC. , MKA'lwVachlu bouse Fteero. No, 1 stock. IMWtOi cows, No. I stock, 12tl2V,e; Wea, loVjItfllc; wetbers, ll($12c; lamb, pork iohis 18V4e. . uKbiKd Bhoalwatcr bay. pet gallon ( It per 1UO lb, aack ( ); Olyaipla, par gallon! ta.ast per 100 lb. stok. im canned, eaetera, 6Ac can; $a.60 dosen; eastern Ip sbell, 4,;au t per 100 ; raw clams, 42 42.83 box, . . F1SU Nemlnjil llock cod. loe lb.; dressed flounders. 7c; bslibut, lise: striped bass, Uoc; cattish, 42e; salmon, -41 1.-; wles, 7c Bi asltiitni pesehi Urn' ti tuuiL'tKlT e lb.; lobsters, koa lb.; barrings i ); felack bass. ZOc; atorgeon, UHc; silver smelt, It, Columbia smelt, . 4c; black cod, 7c. i- . - LAliU Xlemis, 13Hc; couuiouud, tierce, 10c - , . . Bopa, Wool and Sides. . Vt'OOIr WUlametU eslloy, eosne, Cotswolu. W$Jc lb.t medium bnropaDire. Uc; cbolet taucy lots, ZXC per d. waairro vregoa, liUMc, acofdlng to shrluUse. CtlllTIM Ott CAHCARA BAEK IBU urn. cL car kits tiftc; h-a car loth, 3c lb.j IWli bark, car k). 5c: leas ear e lb, HOl'a iToducers' price .11112, 7;aoc, a"c. cording to (piallly,- 1U1S coatracts, lie lb, - . aiOiiAlK .aiir,.iBv lb.- - - ...v,-: HlUliS Dry bldee, SlJiiSe; green, I2ct salt ed bides, 13a; bulls, green salt. Oe; kips, 18Q 14e calves, dry, Mftnet calf skttia, salted or green, 18UlUc: greea bides, UtlKe be Usa salted; sbeep pells, sailed. 4el.lo; Jry, 13c lb. - OafOMsTtMv .... BICR-Japan atyls. o. I, IHOtici Mo. t, 4Wc; New urleana bead, Uttjle: Ueole, , BL'OAtt CuIh, 8S.H3; podcrel, 0.7tt; fruit or berry, 16.56; .beet, dry granulated, 3.46; i) yellow, (4.76, (Above quotations are. UO dios t- rtsb.i --r 77" "7 SAi.1' Coarse, . salt grounds, loue, $10 per ton; BOB SltMo; table dairy, SOs. SIS; luua, I17.S0; bsiea, S(.S6; extra tine barrels, Sa, os and los, t5.Myiu.00; lump rock, tao.ao per tea BEANS 4JuiaU white, SfkC large-white, 6c J pink, be; bsyog, 4Vie; llmas, J; reds, 8c. UOMiX New, Z7b per ess. ratnta. Ooal Oil, Xte. '' WB1TB USAU Toa lota, Sc per lb. j BOO la. lots, be per lb.; Ice lots, 8c pet lb. UNbKULi Oil -Haw bbls. 6oe gal. kettle boiled, bbls. &ie gal.; raw eases, - boiled, esses, 67tt gaL; loU of SSO gallons lo leita; ell cake tncsl, $44 per Ua. (-. TUHi'KMiM!. in cases, 7jc; wood barrels, 70c; trou barrels, 6oc per glWui lo, case tola, ,72c. ,-'.i.. OIL MBALr-Csrlosd lots. S37.508 less tbas Sl.d d laalas , KJil nasi IAS WJIE.VT SHOUTS IN CONTROL V,-. .'. v-v,- , . iseusn 1 us sum - ;. - . "'"f" ChlcaRO Market Closes With a Fair Ii8 for the Day. -. Chicago. Jan. 16. Shorts were in con trol of the wheat market, and the closing was forced c to c under yes terday. . Opening figures were He low er all around. There was some strength abroad and this kept the market rather narrow at tbe start. - Cash -wheat No. 2 red. $1.11U1.15 No. 2 hard, 8196c: No. 3 hard, SlOfoiShc; No. 2 northern spring, -89 H & 90 c". No, - V-,, .' ., ! , -'. -U:l j Range of Chicago prices furnished by Overbeck Cooke company, 216-217 Board or iraue Dtiiiaing: . .v.. WHEAT Month. -i May July Sept, Open-. .: High, Jgiw. ('lne. U4V O-'i'V 4i lt l2'i 1U - 1V H'Jlt M) kOW . KUifeA $ORS '- -- - Msy K2S 8,1 5214 f.2iB July .,MV4 ft!14i CH , r.3 ejt 63' 4a - 53 5JT.B 0AJ8 Msy i... 3414 st - nr it4 B Juiy v-m epr, . ,;;;.,' 34 v 'sivi 'cu 7 .l,.,,,w...-. tOH K --'' .'---"-"'': -n,;.:-'i,',.;,;..',:.18nOf' - 112 1833-.. B May . .'.ISUO -' :iS73 ' " 1S00 1870, A Jan. May; Jtdy .... n7 1aal lou5 ' 1 HK .1010" B .:,'. w:UtilO''" ;..ltl5 HT vnt RJBH PSS -'"HHf. 101O A B a Jan. .. Msy .. iulyf-VJ :---'fwo'' H7 '-1005 , I ;;.(.' ...mio i 1007 Money and Exchange, London, .Tan. i 1 1. Consols." 1 1 'sti ver, w hi; oanit rate,!, per cent, ; New" Tork? Jani 16. Sterling 1 ex change, long, $4.83 Hi short, $4.87;'sil ver bullion, 6Jle. , ' San Francisco. Cal.. Jan. 16,--Sterling exchange. 60 . days.::: $4.82 4; ;. sight. t.ao; uoc.i at. j, 9 t - transrers, tele graphic, 7 per cent premium; sight, ! per cent premium. -'r -r, :yfiv-Xew' .yorkCottoii' Market. . . ' -r v ' '?;.-, :;-Onen.' 'TMirh. Low.;: CIoss.' Jan. v.U,, 1268 K 128 .1245 1249 456 Marchi .. , 1221 , , 1 325 1 201 1 206 06 M ay.ii .;. 22t S 1 1 2 4 ! i 1 1 9S 1 99 & 1 3 J u 1 y 1217 ! 1219, 1188 1193 94 Aug. ... . 1208 1209 117 9 1 1 1 8 2 6t 83 Sept. n,.,, ... . j. 1142P4 Oct. . 1 1 4 7 1 1 148 1138 1132fj 3 Deoj. .. ,, .ill 44 ill i 4J11132 i U33 3 , San Francisco Grain Calls. ' ? featt Francisco, Jan. "1 8,-drain calls V BAHLKY. ' MayT,.,.il2i-;- v 128 127ii -1284.' Deo. ;; lfi 6 . ;- B j , M , i, 28 v, A .WHliiAt. CROP S CONTRACTED May Jao JJ ulARivET HAS COST : load on i the present market, which is unlikely. . Anticipating the scheme of the pack ers to get control of the situation dur ing the remainder of the season at least, local . Interests have cut the price of Tillamook triplets to 17o pound, which places daisies at 174 e. There are no Young Americas - available, therefore quotations in that line cannot be given. .The present season has been a very erratic one in the cheese trade. Prices were driven to an extreme low point by puckeca, and even then they failed to see that the market was too low, conse- quently did not buy the bulk oftheir op grade and had ' advanced several cents. Then the market began to ascend quickly until it reached the high mark at 19c for triplets,, The reaction from that point Is recent. Local Market Is Inclined to ' Drag ' With the Leading Operators Not Ridding Toady. ; WHEAT ZlTTSKEaTl Af AST. (Furnished by j. o. WilgoB ft Co.) tondon, Jan, 18-Wist oa passage, firm; buyers and sellert apart. , Number of eargots arriving off coast of Snrope since last report, one. . One cargo waiting at United Kingdom, ontportg offered for gale, . ' PORTLAND 6HAIX BEt'EII'Trf -t'srs- Wbest. Barley. KUur; Oats. Hh, Mmidsy ,., Tuedsy .' WediicsUay Thursday . Vesr ago., tM'OU to leer ago , ...... Jit 6 1 4 o .. Si ' S ....... i M dste..l1,ix, iriiil R li ' 4 S ISM im. , a a , i i 'X 10:14 s 14 11)33 There is mora talk than anything else In the wheat ; trade at this time. All borts of reports and prices are reported but few of them ean be confirmed, it developed today tnet the local market price was from Jc, to 3c a bushel over the export value: of club. -Therefore leading operators have quit and are not putting out any quotations.; ii Th murlfct fiaa ami urir tmtv 1.av, therefore, they ate inclined to wait .until they can eateh up or values come back. it IB impossible ror anyone to say defi nitely what the wheat market ia todav. The recent sharp advances in the price have turned the heads of Interior pro ducers and many are refusing to sell at any price just now, 'This has left the trade Jn an uncertain condition. Just where it will emerge none are-able to forecast, ISven tbe leading operators acknowledge themselves at sea regard ing xno giiuauon or pnee loaay. a msi'UBt tos i ntuni flnui' s fliinei and there is soma, talk of an additional sharp rise in the price in addition to that which occurred yesterday; i , Coart, grains arq quiet, both oats and barley being quoted nominally firmer. Wheat Producers' prices, track basis: Club, 8883c; bluestem, 80c; red Russian, 81c; fortyfold.-86c: Turkey red. 84c! Willamette valley, 84c.,: i. " Earlfy Producers' prlpts. track basis: Feod, 322T1O; brewmg, 826; rolled, 123.50. uats--rrooucers -prices,. iracK oasis: No. 4 - milling, 826.B0; white, $25.6Q 26 per ton. . -;, ; ..'v-. , flour Selling price: Patent, $4.60; Willamette valley, $4.80; local straight, f d.fuB.Bo; export, i3.0U(Bi 5.70; bakers, $8.70403.90. . - Hay-Producers' prices: Willamette valley timothy, fancy, $15; ordinary, $14.50; eastern Oregon-Idaho fancy tim othy, $26.60; alfalfa, $11. 5012; vetch and oats, $1$; cheat, $10.60. ' Mlllstuffs Selling price: Bran. $2I.6: middlings. $28.00(630,00; shorts, $23.50 ton. .', ,;;,,.;.' GOVERNMENT L E New York. Jan. 16. The renort that the attorntey-general would approve the Union Pacific-Southern Pacific plan to morrow had a good effect upon the stock market and the closing in general was higher, , - .-- ,. ,,,, Tnere was a report that the dividend on American Smelter would be in creased from 4 per eent to 8 oef cent' at the next meeting caused heavy buying in tnai siock. Tne closing was 1 points higher. 1 Range of New York prices furnished oy uverpeoa t ooKe company: DKSOKIPTION lopem Hlehi Lew I Bid Anmlgaoiated I'opjwr Co, American Csr A Fdy., e. 72 . 63 27 68 38 . 624k 27 Auiericsu can, e....... Auiericsn Can, p....... Aniericaa lotion Oil, c. Amerlcert lnco., c. ... American Sugar, e.;., Anioricsn Bmclt, c... . American flnielt. p ..v Anaconda Mining Co.... Atchison, c. . ., . BHltlmnre A Ohio, e. HM Sugar . . . , Brooklyn Hspid- Transit Canadian Pacific, : c... Central Leather, - e...., Cblcngo k O. Vr e,, Chicago ft O. W.,' C C M. A St. P... C. & N. IV.. e. (bessiteake A Ohio..., Consolidated lias ...... (lorn Products, e ,,,.;,, tkru Products, p........ Henveri ft B. Q c... Hi-iiTcr A K. G., p...,.-, Krle. e. , 87 114 614 38 115 , 70 'seii. 104 Vi 106 !M Wl 241 WMi 16k 31 111 "7044 187 im 114 115 114 62 4 ft SO !Hi4 116 - 115Vs 70 . . '37" ion Wl 242 - JU, a 112V4 137 , 13 V4 71 ii 105 87 1C4 104 '4 106 m, 106 BO..- 8Pi 2411 242 SB Ml 16 Si 31. 113 112 135 4' 7tl4 7fl',i 137 137 i:t 1H 75 SI Si 37 Vi 38 47 1 Vj :iTMt 37 Mi 'ii" 1H.1 13S iV'' 81 101?; 374 miMi telu,-3d iif.-.t.itvuini! rle, 1st pf.,A4i !..,.. 47 Reneral Klectrlc, . . . . , . . IMS Gv Xorthera, ore Itndet W (i. t Northern. , p. -i. .... . 127 111 137 127ti Illinois i.eiiirsi ....... Ittt Harvester ..,.... lnt Metroxilllnii. r... Int. MetmiKilltarii p... Lchlgb Ve-liey ... .. Kanaus City Nnutliwn., LnulsrlUo A NaKhTlIb-. Minn., Bt. 1'. A . 8. M ior 127' 107 i, 107 1T 174 17 (XI 1, lHOVi LlOVjlKffl !.! i: K. A T r....i,.,.I !H Mlswurl Pacific 40 National Lead ...I J Neraila Consoltdnled ,..( U B7 41 40 1 mi 40 li IKt. new ion lentrat S. W.. lot " 112 80 11li North American.,. ....J 80 so Normera Pacific ijoVi tin list; 28 rcuiiiHjriTaiiia naiina,,iu,i V.. L. A C, ,,,; U6Mi Pressed Steel Csr, c., ..... Pressed Hteel Car, p... .. ... Reading, e. ...it...,.. W Rnsillng, 1st p.", ...... ..... Republic Iron A Steel, e 24 Kock Island, 22 Hock Island, p......... ..... Mt. L. A 8. V.. 2d pf .'. 27 Houthcrn I'adfie, c..,.. lofi4 Bouthorn Rallnay, c, .. 2K Botithcrn Hallway,' p.. 78ta Texas A Pacific...,', T . HC L. A W., c...... ...i. t'nlon- Pacific, ...,.. 157V 122 12214 122 1 m 115 M, H3 KM) lti:i 1024 v 24 4 22; Hll 20 23 W 22 26 10414 III5S. VH'4 70 10 158 '4 156 17 cnioii rscinc, p. ii,,.,..!.; ... V. 8. RuWier, e (IM I'. B. Bnhtier, p. t'W p, H. Hleel t'o., C.,i. ' V. 8. Hteel Co.,. p...-,... ..... Ptah Copper 1.,.. 64 U, 64U ' inn 106 106 63' "2 100 6 64 3t - 12!4 70 74 4 virgtmn ineniicai . 4ov, 41 Mi Wshashv aw -A' aliunh. 11 TALK IT VERY . LITTLE WHEAT TRADING REPORT APPROV PLANS Wemern (inlon Telegraph 7o WcRllnghoune Kleetrie. , I 76 WlHcnimln Onlral. e.i.j 4U UuUl sales iliuti, -. 1" 7o', 10 74 44 4 D,l LIT GET CHEAPER APPLES. THE. PLEA OF E. H. SHEPARD Hood River Man Relieved That lie Is Forced to Pay Too Much for Fruit, Even When Crops Are Big; ' Smaller Packages.' North Yakima. Wash.. Jan. l.-rln es tablishing and securing recognition q( standards of apples, in advertising and In preparing th . fruit in wacKairea smaller than boxes for the small buyer would E. H. SneDani of Hood River. I gesteu nmiKeta and low nr eea wlilcti the fruit growers of the northwest had to contend with In 112, according to his i speech, this afternoon. . to the Washington Horticultural association,- which touched closely the question mostJTues. of the growers have at heart. . .' Between 1 WOO and 191(1 ano e prices took am upward tendency; consequently an immense acreage was set during-this ten years, which Jn litis came into Hear ing.'1 said Mr. tihenard. "in 1913 we had. according to estimates, an approximate yield of 40,000,000 barrels, which means 120,000,000 bushels. I do not believe, however," as do a great many others, that low prices, in 1912 were entirely due-to -heuantlty-of-apples-pTOdured, nor do I believe at' present the supply la in excess of tho demand. I do believe the supply at present exceeds our sys tem of distribution and marketing methods.-.'.-VK., !,-., rp'-rf- -'Present prices are not entirely due to the size of the 191S crop. In 1902 the crop was 46,000.000 barrels. In 1903 it was 42,626,000 barrels and in -1804 It waa: -45,360,000 barrels, whereas in 1912 the estimate was 40,000,000 barrels whlcl p"babT will not be eicded recently - and the general price list is WCLL7hitbT-51Un,0hV7hH ?nhlt no real ton stuff had been avail- and : possibly may not be reached. In 1B02, 08 ana "04 g comnared with thn irtmrt nrlces nrevalled good prices orevauea. a prii.es j. ... .1 .'"in iia ine system ot conectmg statistics, was so thorough and the methods so reliable that tha estimate Indicated In advance the actual quantity that was harvested. This estimate, early in the season was ao greateompared with previous years that the -trado be ing unaccustomed to liig figures, was fearful of results. Dealers refused to buy at almost any price. The trade, now V.a4hm . ......... ,. ,A il.ftnW. rUii... In advcrwiVrt be"ov.;wh DesHimlstlc In the future. "The prices on northwestern apples In 1913 have suffered from our pursu-j lng the same methods of distribution as In the past, In previous years our crop was light and we shipped practically an of It to a rew large cities itae cm- . r 1. - .J Y" L. ; 1 .1 -1 ohia' which eaarir took our output p tia.- whlcn eagerly tooif pur ouipui at satisfactory prices, in iru our crop was much larger but we pursued the same metnoas. , v We depressed ' these markets - with our quantity, You know that when ap T)l are seminar at 11.60 a box In Chi cago It is Impossible ;to sell other towns at a better price.- "We have done, nothing in the last 10 years to" create a wider distribution or greater consumption of apples. "The estimated appte crop in: me United State is 40,000,000 barrels. Kig- pre 400 apples to the barrel. It means 16 billion apples', . consequently the United States per capita consumed last year only four times as many apples as bananas :.,-m: , , "The results obtained by intelligent adl'ei'tlsirig'ld bllliaingCUSineSa arp be- yond the comprenension or ine average individual. . We can stimulate the de mand for pur apples oy using ne pgni kind of a brand. ; '.: V s - t "Annies are retailing, today at the same prices as they have Jn the, past. A few iavs neo l rcelved a letter lrom friend in Boston wno- saia inai our apples were retailing there at 60 cents a aoeen ana some as ins" which ia equivalent to $6 a box or more, We growers were lucky this year to get $1.60; the freight is 50 cents a box; the dealer's profit is 20 cents; making a total cost to the retailer of 2.20 a box, yet the retailer is selling these same apples st 46 a ox or more., a ni-nf it nf 100 rer cent. . ' - "Tii remedy is nublic sentiment. We can create a sentiment that will be so strong that it will bring about reason able retail prices on our apples. "Th. iitsh cost of living is a popular topic. Let the fruit growers start the ball roiling 1 ana-: 11 wii - .gaiuw rc and volume ft8 it goes. -The result w(lj be inevitable. Lower retail prices mean greater consumption v - consouoaiion aim i-unwiniaiwn,, necessary to our luture success, vve have rreatea seit competition i nuiie and self competition a,broad and con sequently we are getting less for our apples than we are entitled to. We are wasting money in marketing our crop n urn marketing It ill such a way that our maraeung agenis in cuunn nrix.i . wi must , work v: together. . We must eliminate unnecessary expense and unnecessary competition. r ' i, ; , ''There is a movement on foot for A greater selling organization. The ; foun dation of A greater institution will de pend on the success of the organixation in each one of the districts. If you want to do something greater, we must begin the preparatory work at hpme and con mninii one orifa niza t Ion. A board of trustees has been selected for the North Pacific B'ruit Distributors. This board is composed of our ablest,-broad, est and most experienced fruit men and I believe they will evolve a plan and perfect an organisation that will be of value to the fruit growers of the north. "We are puttlnf tip" an tifineces8ry number of grades. I believe two grades of commercial apples are ell that are necessary. If market conditions Justify another grade, let it be put up as cook ing apples, to be sold locally instead of being shipped east. V ,7. "We must put up a grade which Is absolutely perfect in accordance with the specif icatlona for that grade, and we must guarantee the grade. If we will do it we will again restore confidence in our quality.; -; ' ; ; - Th. ar two kinds of consumers to whom we must cater in selling our r.ni tine la the family which buys by the box and the other is the Indi vidual Jiving in sparuncuui,.' uvbiumir houses and hotels, who buys .by the dosen. To reach the second class, we must put tip eur apples in smsll quan tities in attractive - pasteboard boxes holding a dosen or half a dosen- In a box. It must be fitted with a handle . tvi.t the nurchaser can conveniently tiarrv tha package. Tbe average man or woman Will not Duy uoairii apples pui up in a paper sack when he has to hang on a strap going home on a street car. "I do not' oeneve 11 is possiois' to eliminate the middle men, fruit Jobbers and commission men, but I do believe in placing our rruits m .sucn n man ner, so far as we .can, as iu maintain prices In accordance with tbe conditions as they exist each year.",., OMAHA SHEEP LOWER . ' i ;. ' ' ' -1 '.?' : .'--r"m ";;v." S'T1'- Market Is Off Dime in Yards; Hog ; Prices Advance Mckel. ttTulted,, threes tjeased Wire V South Omaha, Jan. 16. Cattle, re ceipts, 3500; market steady to weak. Steers, $7.80 9,00; cows and heifers, $3.40 ft)6.75; stockers and feeders, $5.30 r6.60; calves, $5.009.00; bulls and stags. $4,4046.40, . . , Hogs,, rerelpts 1 2.300; market- tc higher at $7.U5if?7.30. v Sheep, receipts, 8600; market slow to 10c lower. - Yearlings, $7.S0(fi8.00; wethers, $5.71! 6.20; Jambs. $8.60 8.80; ewes, $4.50(g'4.75. v ,7 NORTHWEST HANK STATEMENT '" . yortlaad Banks. 'r , . Clearings.. This Week. Year Ago. Thursday $2,049,673.87 $t,B37,302!71 Wednesday t, M74.017.95 1.D34.337.87 Tuesday ,. 1,828,694.63 1.656,024.66 Monday t , 3,603,631.42 1,K99.S75.34 TrecOg'gate.$&,25S,l'7.0f .$6.927.239.98 y- , (: . . . ... . m t ., ,-, The number of women studonts In Germamv universities Id pcarlng the 2000 mark, ... -v. . LAfiii )S ADVANCE Di:;,E NORTH PORTLAND AT UPON FIRMER MARKET Pub-jSltualion All Through Mutton Trade Is Extremely Strong; Cattle Sell Well at $8 for Steers; Hog Priee Is Lifted Nickel. TODAY'B HOO KASKETS, Tops. .$7.63 . T.45 i 7.35 Worta Portland Chicago . . . . . . . Kansas City, :. .80 PORTLAND LIVESTOCK: RUN. Hogs Cattle -Calves Sheep Thurs, , . 6116 3S7 3H4 Wed .'01 ..ma: .1134 .491- 22H4 ., HK3" .. 7i'3 273 2b'0 821 JT8J 57 2.'9 fi!2 n 543 ,104 i2. 401! Jfi.1 &7tf Mon. Hat. i Friday .... Week ago Year ago . . years ago The tnlite livestock, trade,' af North Portland stood in a ' vet y good posi tion today. . There were general advan t eeg-rnoslTiTnes arid" tlie. eagerness of ouyers to take hold indicated the. re cent improvement that has been forced In the eonsuming demand, ' The strength in the mutton trade IS very pronounced hers tod a v. Ther was a further advance of a dime in" the price vi mm os over ine extreme quotations that have been oubllshed hi-: un,f fun above what actual sales have been made at, , lite difference between, actual sales I ttulB' inereiore u was llgurea mat On the basis of this ohalitv and actual .!,, ,a,lo n nr.r .irr Wf .1... offerings would bring the better price. Ia the North Portland yards today one double deck of lambs was sold at 7.85. Carstens of Tacoma was the buy er, a fact which Indicated that not only is the trade here short of mutton and lamb offerings but a similar condition exists air along the coast. ' ' ; Jtt Chicago-tnere was a weaker tone in the sheep trade, but prices held tin- Kansas Citv aheeo market was steady. with no change in prices. South Omaha sheep market was slow, with a loss of 10c generally.- : Top lambs sold at $8.90 this morning: yearlings, 18: wethers. 16.20. and ewes. 14.76. The only shiniter of a carload -of sheep to the 'yards today was Thomas K,e1- ! oughr forward the lou, h, p. . , fioblnett and tnnnert h bla deck from Robinette and touued the seasop a market to date. . North Portland 'Sheen values Beet grain fed lambs. ....... 17. Z5' 735 Ordinary lambs .7.00 Best yearlings ........ ... ; ; 6 00 Ordinary yearlings ' 8.75 id wethers 5.60&5.75 . , 6 00 ordinary ewes' ' oralnfry :im'"' ''' ' MOgt Are P a U 4.75 KlckeL While most markets were either lowef or merely holding their own, hogs were slightly firmer and a nickel higher at North Portland for the day. There was quite a fair run but buyers took hold eagerly with most of the better, class of stuff aolng at $7.60. although one load I brought a nickel aboye ; fM-e At Chicago there was a fairly steady I tone in ine nog iraue rooay witn top offerings at $7,45. . Run for the day was 82,000 or the same as a year ago. - Kansas City hog market was quoted steadv with tODS at $7.35. - ;. South Omaha was the only one of the eastern trio to show an advance for the day. Tnere was a re or. a nicgei with tops at $7.80. Hog shippers today; A. B. Gale, Amity, 1 load hogs and sheep; D. Mink, Fair field, Ida., 2 lorfds; Byrunx Bros., Ridge field, Ida., 1 load: J. W. Chandler, Klgin, 1 load; Thomas Megel, Robinette, 1 load; J. J. Fowler. Rufus. 1 load. North Portland hog market range: Best "lieht I7.B0aiT.65 I Medium light 7.507.65 I Best heavy . .i 7.60 Medium heavy 7.25 Rough and heavy ...... . .. ... ; 6:50 00 Stronger Tone for Cattle. There was a stronger tone for cattle In the North Portland market for the day. Offerings were of fair volume, and some -very good stuff earner forward from nearby sections. Top steers again commanded $8, several lots bringing the high figure with ease this morning. Other lines of the -cattle, trade were very firm. One lot, of heifers of qual ity went at $L0. the highest price ever known in a regular market. .; . At Chicago there was a strong tone Responsible Banking In the Lumbcrniens National Bank are experience, legal ;.: safeguards and financial resources. .These, essentials! are important to all particularly to the business man in the ' expansion and development of his interests. lumbermens National Bank CORNER FIFTH AND STARK RESOURCES, G MILLIONS Ladd&TiltonBaiik Qpit&l Stock - $1,000,000.00 , . Surplus and Undivided Profits $1,000,000.00 - COMMERCIAL AND SAVINGS ACCOUNTS '. - . i Letters of credit, draf ts and travelers' checks Issued, available In allparts of the world v '-v-V.-' !,.;', 'i? . .. ' ' ..V' -!' V.i'Vi 't f'','. ?' ' iV?'- V "'.i-'".- j- 7'T'.A';i7''" Corner Third and Washington Streets FIRST NATIONAL BANK v5 ! ' CAPITAL ' , SURPLUS OLDEST NATIONAL ROCKY in the tattle Uiie, with fiactiunal ad vances in-tt price. . 1 Kansas City cattle trade was steady at unchanged prices. South Omaha cattle market was steady td weak at previous values. . f . Cattle shippers today: . h A. Phillip. Baker, 4 loads; C. 11. Hunter, Wallowa, 1 load cattle and hogs: Willis & Petter son. North Powder, 1 load cattle and hoga; P. J. BrownT. Baker, 3 loads cat tle and ealves; Henry Blackwell, Onta rio, 2 loads; Kidweil & Caswell, Baker, 3 loads; J.-JL.' Cox. Eaton, Idahp, 2 loads. Xnrlh pArtlunil r-Httlo ranee: ,i 1 1 eavy fed steers . ....... , . T7": Choice steers , . , .' I' Spayed hlfer ... hancy cows i.vvw Ordinarv- llirhr. mn' . ..V.-.. i, 6.50l&l6. io Fancy light calves',;.. ,.:.- ' : H eavy calves . . . , i . . . , B OO b. 50 Best bulls ;. .f,,:. . ... , . . i Ordinary bull fB06.0C Tbursd&y Morning Bales. STEERS. - ; . Kiiver. So. Atc' l.h. ; Price, !UHJ ,r -s.on f, w ' s.or. T. K. Howeft ..,,1.,.,, IS II-"' rteit Packing '...,,; 21 . . i-1 v 'arstens Packing (..... SjtWL 'anteiM Psctlnir Co..,.. IS , !: r Jamc Henry . ,. 2" 1 1!2 7.W1 7.50 ' 7.60 " tx 7.tM H.r.f ;-5.) $7.00 . .tt ,. H.S5 5 e.75 -e.75 S.H3 S.tiO t'nlon Meat l'o. ......... S ?' i 1t:i x;i iK)i lofiT J !" ;-V , mn' lieu .-'n--,-;v;; ; pc.3. - 1281 .. ido i."o M11H r ll.Tft lt5 X " :" 12t f. H. llimett. . .....'(.. J . rrten Packing i'v..., 4- r. K. itowftt i I'nlon Meat CW.;. -'.J l.'arstens racking Co.', ...41 f ; COWU T. It. rioettv.4. V James Henry. ...'iwilW Bchlesacr bros. .... ,..,v ; a-. ('arKtens Packing Cu.,.. 1" .; t ntoti Meat t o. ., ('srtttens Packing jCe.wJ.V' Vj , liiiob. west ioT iHKlFEHS.,; t'nlon Meat V ..A 2 ' $7.o Jnloii Meat Co. ......... M1W 7.50 CALVE CnloB Meat Co.' 220 13n t75 1100 ; $9.00 85.no 4.75 $6.50 BULLS ' Oaratena I'scking Co,.-,,,.; f Scblesser Bros., . .'.-"" 2 . 81Ui:i . T.. R;'Howett-"v.i-. ...i'-1 y$ l, am .'; Csrsteni PacklugT t'e..vSI ; I 84 ... -7.35 W ? $0.25 150 5.20 140 - , 5.75 174 ; 7.0 ih . f 70 2S - 7. HO ai " ' 7.5 201 J; 7.65 2HI 7.5fi i4a;'$7.A 1:14 ,' 1 7.6 V3 i- 7.t 11W 7.6 M2 ' 7.H5 1HH -'.-; 7,!t5 2D5 7.05 Csrstens pscklug Cp..v.?. 11 . -i Csrstens Packing ,fl..ti. t HOUS ; ' Carstens Patkhig Co..... t 'I Jtay talrchlld wt - Carstens Packing vx.j 41 u Carstens 'ck lug 4Jo. v W 1 - anen, I'scking n, I U1IU M.t t o. ......... ' t'ulon Moat Co. ...v..... K... I,. Smith., .HO. F. h: Smith ... 45 84 .20 Sterrett-Olierlee Ray Kalrchlld . Kay Kalrrhlld , Kay Kalrchlld Bay lalrchtld . CHICAGO CATTLE 8TR0XG Situation Shows Improvement To day; Sheep Prices Are Weak.; 7. Chicago. Jan. 1, Hogs. 22,000: year aito. 22.000: left over, 5900. Market tteadv. Mixed and butchers.' $7.05ii 7.45; good and heavy, $7.357.45; rough and heavy, $7.0a7.30; light. $7.05tJl7.37H. ':.'-'.-'.''. ''.":. :' .J-":' . Cattle 6000; market steady. 1 , Sheep, 15,000; market weak. . ' Hal em, Or., Jant 16, To reduce taxes and let taxpayers know for what pur pose the money paid by them is being expended Is the aim of A bill to be introduced by Representative W.O. Smith of Klamath.' It requires before the tax levy is fixed each year, the county com. mlsslonerg must prepare a budget and fix the tax levy accordingly..- Then ex- tept in; case of great emergency, the measure makes it unlawful for the county Officials to expend a ' greater sum . than is raised by the levy. - In cases of emergency the levy may be exceeded 10 per cent. - , - "This measure will affect more par ticularly the rural counties, where county funds are expended in a hap hazard ; fashion." said Representative Smith. 7 'If enacted it will keep the counties, from continually running in debt for maintenance, . It will give the taxpayera an Jdea. of what the officials expect to spend during the year, and an ODDortunity to orotesu' it will heln v duce the high cost of living by putting the county'u finances on a business-like fftasls, thereby reducing taxes.",. . ; Journal Want Ads bring results. '',-' r: $1,500,000 $900,000 BANK WEST OF THE MOUNTAINS" BUDGET PLAN FOR, -.- - . ;."'-,.v ' ;':'. J' .; .. , V rstiTi! r JllUilUj w i i i I ' SSBSWssaMWssMSKSSMjemMBSSi Movement Launched U -. Broad Basis; C:;.: . .League Officers. The Portland earth 'edticatt-ut M" merit, was reorganized last night uj -. broader, basis than last year al. a m lng participated in by the. original n ; mlttee oOmisinensmen, tlie siii .l u thoritles,, the Commercial club, agrlcil tmal college, principals, parent tea.-hei W? ..uunBurnefl'. league, ti67iiTsc u-177" sweet ; pea 'society,; rose ; society, Kaet Side Business Men's club and the Ml. lt Igan society.: The meeting was held in the auditorium of The Journal buihllns. That the contest of . last year, w hich enlisted 10,000 rh(ldren and resulted in the greatest city exhibit of agricultural products' ever made in the world, was among Cthe : mpat . valuable a.lertisini? ever: given 'Portland,, '.was; 'asserted, bv C. C. Chapman, development manager of the Commercial club, ; 'Dlreior;.JrUtph-'lj.'"-Ket8eI'dt tlie Orc- QnAgrtcuaural,oleee--extensioTt di- , vision, declared nothlnjg could profit the city more than the largest, niont defi nite organization, In behalf of Industrial training for children in congewted cen ters. He said the college would lend a!! of its influence and favor to the plan. ine same kind of definite aid as of fered by the Commercial club through Mr, Chapman, and by the school author ities through Assistant Superintendent D.. A. Grout. 1 think H highly valuable to tmin children how to grow vegetables," said Wr, Qrout..;., "Under the present order we -seem to try to make vegetables of the children themselves. We put Into our school rooms barbarous deks nailed to the floor and nail the children to the desks. I believe this plan is practical and should be supported." J. ' G. ' Bacher, Ralph RoutledRe, Cap tain Pope. O. A.; Carter and otliers in dorsed the 'ldea. When completion of organisation was proposed, Marshall X. Dtma was elected president of the port- land Garden Contest league, and I M. Lepper,, first assistant. A vice .presi dent is to be elected from each organ ization" affiliating.' An executive board will be chosen b a, committee of five elected last night.' composed of C. A. Blgelow, Mr. Frank H. Durham, Mrs. Harriett Hendee, Ralph R. Routledge, L. M. Lepper. This committee will meet at 2 p. jn, tomorrow. 'Oregon Water He-sources." John H. Lewis, state' engineer, will give an address at tha meeting of the. Oregon Society of Engineers, to be held at $ o'clock, this evening; at the quarters of the : Oregon Technical ' club, 247 V3 Stark street. ; Mr, '.Tewrs' snMect will be ''Oregon Water Resources; Their I)f- velopment and -ttsg." Mr. Lewis. wiH speak -particularly of - the Deschutes river . project and The Dalles, power project. ; ' ..KANSAS CUT. UVL'STOCK Cattle and Hogs Are Steady Sheep - Trade Is HtroitR. -Kansas City, Jan. 5 6 llogiS 10,000; market steady, tops, $7.35. Oattle 3iJ0O; market steady. Sheep9000;. market firm. TBAHSrOSTATZOlT. : i BUY TOUR' TICKET TO San Francisco the Exposition City. From there ; South by water on either the Yale or Darurra . . . - t . i" These palatial steamships otfer every comfort and luxury. - .. San Francisco to LcsAn;:!:3 $8,355 KOXTJTD TSIV 8l$.70 To San Diego $1P; ROUKB TRIP $18 For folders ami reservations apply to PACiriC KAVIQATION CO., 680 Market St."; t. --7. 68 Market Jit. . San Pranoisoo, Cal. - ' Local Agent, XTank BolUm, : - 194 Third St., Portland. Pbone Hals 36, A-4596. STEAMER HASSALO for Astoria Lsaves Portland 9:30 P. Si. .- daily, eaoept Ssturdsy. Leaves Astoria 10;00 A. 1L - -- , ' dally except Sunday. Get Tickets Ash-Etreei Sock or City Tleket Office,. Third, and Wsshittftou. AND BAN DICGO VUIZCZ ' KOKTX PACrXIO 8. S. CO. S. 8. SOAKOXB ana s. 8. ELnrs -! 1 Every. WednesJey, tsrnately, at p. r t. Ticket office 123-A Third lit.. nc .) ,af , J-bo-ee fcialn H14, A-13S4. JtAKTIN J. HlULKt. fass. Ago'.t. W. H. SLUESKK.' fcrslgtii ) EXPKKtia STKAMUKS FOIt San t'rancisco and Lcs An - WITHOUT CilANUIi SS. Beaver Calls ip, u, Jav'j The Ea Prac-'xco & iui'--.uii t. ;; . :, I'iokeH Oliice li a.-u 1 f ; Plioowe 1 s 8 .. end COOS f&lls Iivui Amswuiiii i. , i e p.. m, yov, , i I ceivt-d uiuil A v.. i : l.u e !