HIE OREGON .. DAILY JOURNAL, - .PORTLAND, , THURSDAY EVENING,, JANUARY 30, , 1913,
in
POULTRY TRADING IS ,
WEAK WITH LOSS OF
1 -2 CENT ON STREET
Market "Is Lrss Active Even Though
v Arrival! Ar Not .Literal i Sonie
Relieve Month's 'End lias Some,
thing to Do With Loss.
PORTLAND WHOLESALE MAHXET,
rsrgs.wsaiun
Chickens w,ter.
Cheese Stagnant.
ButterEasier; .
. Cabbage Lower.
Smelt Lower; . ; "
I Caused aalinpn Firm.
Sopt-Za demand. ',9-
'. meatsEasier. 1 "
There la a weakfer "eelinir in the ooul-
tr trade along Front street, and prices
re "enerally about a half cent lower.
Tliora has been nu increase in of ferine
ko speak "-.of, , therefore thrf weaker feei
ng in the trade cannot be attributed to
"""cater ', BUpply.- ;
time (believe that the slowness of
market at thi time,' as well as the
ghtly lower price and the less inclin
'ion among even the' bigger killers to
ijke hold, are duo to tlm approach of
j'e lust of the month.
f In miv event tliKt-H i less full for
ftwultry than" for somo time, and while
t may still be possible, in a very Hin
ted degree, to obtain as high as 16o
rom aonie binall buyers ror eonietiunif
showing- extra select quality, the gen-l-flk
mnl'ket ilnl'H nut reaeh nhove Htl)
14', 4c Ah a rule, dealers are of the
pinion ilia 1 me mttrsei inter 111 me
Hay wilt drop to the lower figure.
EGO MARKET IS HOFTKH
Softer tone Is showintr In the Front
ktreet market for ranch est?, and quite,
1 few sale's 'of candled stock are re
torted down to- 2ue a doicn. Receipts
ire again increasing-
VEAI' IS QUOTED EASIER
While a small amount of veal has
een sold during' the last 24 hours as
ilgh as 15c a pound, the general market
s weaker and fractionally lower. Bulk
f the -trade Is reported around 11 st
yVjc., Quite liberal - sujplies are not
t quality,
MMELT DOWN CENT TODAY
Mv- - .
'1th. another slight increase! 1ir sup-
there was u cut of a -cent a pound
a the price of Columbia river smelt
day, rith the general market at 4c.
UpplU'S consist almost entirely of male
Hit. ';
BANAN A MARKET IS El KM
Market . for bananas is holding firm
the f'roht street trade, with most
USlness panning at 5c a pound.- Demand
i not heavy, but. supplies me- not so
bejral. Quality generally good.
CHEESE MARKET IS SICK
Jarliet for cheese 'Is rather nick, Busi
es liassing t the im-sent time Is of
ifli small volume as to lie scarcely
itfr-eable. l'riees in general are un-
icnKf'd here, although niniils from the
1st, indicate a stronger lone there.
CABBAUK IS lMnVtf AGAIN'
With srrea'ter arrivals limn expected.
lajmarket for cabbage Is not so firm
r lilgll ' tiling the street.' Sates sre
flltg made, from 75e to Jl er cental
omly, altliougli a small amount .or
isiness is passing as high as $1.25.
jOREt'AST FOR SHIPPERS
? 1
Weather bureau sends the following
Uce to shlpners:
"Protect shipments as far north as
attle against minimum temperatures
f about SO degrees: northeast to Sin
me, 15 decrees; southeast to Hoise,
ro; south to Siskiyou, .iZ degrees.
Intiiiurn tcippei-Rture at Portland to
ff lit, about 3t degrees."
TORTLAND JOBKIXQ PRICES
Tbest prices are ihoM at wbtob wholesalers
II tu retqllcra,. except otli-rwlae mated:
Butter, tfti nu rounr".
BDTTEU NorolnMl, tru rreaierr. rubes
i tubs. RTWc: orluts. 37W3nr: dairy. 24o.
EGGS Nominal, Candled loesl extras. iirnJJ
, .ordinary uanuk'il. 2je; aout lui.vlug oil.-,.
Hoff, We. f. o. Ii. l'ortluuil; beat ea-dern
I.IVK I'OCt-TltV- -- JIoii-. U'ie; Kprlmrs,
ie; wollew. sue; tow.. lU'jc; ivkln tliaHt.
n lndiflu Uuuuer, 10il7c: tm ke.v. lSe;
eued, fc!; pigcuun, olil. 1; yuung, fl.50
zeu.
(JAMB JekrWilts, tH per ihmen; w ild
.se, f t.OO k)ifu. '
BU'flElt tAXProdneori' price, far I)r
nd licllverr. Iter ' lb.. 88c.
CHEESE Noailiitl; freh On-ren rue, foil
...m loin. mnA trlnletn 17L.HIU. .Ilui.
xoung America, 10c.
Truitt Ul VfwlilM.
FRESH FKU1XS liew natul oraugpn $2.50
.50'; Florida,. 4.60; bunanas, tn lb.; leainns
ut, llniA. mn tfUk. i. . '
,iT 3.604.60; f'lorlda, 5; plueuiX,.
lb.',-, pears. H.pOSCJI.60 lxix; rrHiiliw
j. I local. -- 10.75 bbh; easreru. tu,u.t,
Ui feralaa datea, ty.iO.Sc lb. '
APPI1K8 Katlofj applea, Boc2; cooklos
0 t box. '
POXAlwES Belling price: Extra choice, 05
ylniT?rlc. crkds, 85ta40c; country polota:
.jet, i!JW per cental.
iNIONS - Il.00ffll.l0; aaauclat on ..m.,,
ice, bOo per ecutal f. o. b. alilppiug poluts.
rUc'TViUSe.
VKOETABLES Turnips, 00lH75r: beets. T.'.n-
IrroU, 75c per wck; parsnips, 7.0c sack; cab-
6, l.U(fti-w-, iwmaiuM, per Box, 11.50:
;s, $2; gittca oulons, 10 down bunebes; pen
,8, bell, 20c lb.; head lettuce. 2.Do per crate;
lerj, 1.00 doen, $3(g)5.50 crate; egg plant
.'10.; peas, r nuuutmw, a.(K) crate:
ibarb. t) box; artichokes, 14tl.So doaea;
Mod. Wool and Hides.
M)0i Willamette Tallejr, cuaxse, Cotswold,
t tu.; nieuiuu ouiuiiun, ic; cnolc
loU, 22c per lb.; eastern Oiesoe, 14tauc,
lux tu shrinkage.
lullTIM OB CASCARA BARK 1912 oom-
r lots ottc; leas c: iou. oc lb.; laij
iriEear lots, us: less cariots oe lb.
lcPlAia-1912,. 82,0 lb.
llHKurjr nwes, juA8 green, ivejaj.
, idu, ubiu, Tfrecn suit, uc; Kips, J3(jj
Ives, dry. IW (.; calf skins, salted
n, 1SU1Uc: green bides, lUlc le.
ltta; sneep pens, saiieu, bocuvl.lo;
ib.
nnlHrProducers' price tB12, 17Q20e. sc.
1,- to qijaUty 1. contracts. la lb.
llott. lab ana frovitMioa.
JKESSKO MEATS - CXiuntiJr killed: tires
icy.t O'jCIIOc; wdlnHry, flttli ;.; rongh and
vyt mi- ""' v '"' inji-oi'i, (irauiliry,
!ic; poor, llle; lanilw, lijftr lu'ge: mutton, 7c
cj goats, mic; beef, 7(U10e.
iA.n.. hAi u.i. .Kit. hum .Mtflftr; Kw.nk-
.C.WILS0N&C0.
1 MIMBEE3 '
NEW TORK STOCK EXCHANGE
N'PW-TORK COTTON EXCHANGE.
UIICAOO BOAHU UD' TKAUIfi
IB . 8TOCKT AND BOND EXCHANGES
SAN FRANCISCO
PORTLAND OFFICE
) Oak St., Oronnd Tloor, Lewis Bldg.
fhonaa Marshall 4180, A-4187.
,tbcl7!boS3ir"Cotton"" Qrainr- Etc ,'
r 18-817 Board of Trad Building.
IRECT PRIVATE WIRES
I TO ALL EXCHANGES
I embers Chloago Board of Trade. ;
ornsponflents of Lopan at Bryan,'
i CbJcaaro, New Tfork.
HK&COIECO.
SALMOM HDN IS ;
SHOWING STRENGTH IN
THE VARIOUS VARIETIES
Market Strong for Everything Ex
' cept Medium Reds and These Are
Now Steady; Review of English
Market for the Year. ,
Another lmppovcment Is showing In
the canned salmon situation and with
the exception of medium reds, the mar.
ket is generally showing strength. Even
the latter are inclined to show a strong
tone since prices . were reduced some
what to make them correspond with :
values asked for-other varieties, quail
ty considered, ' 1 ;
Indications p6lnt to "the operation of
evn more canneries m the north -during
.the coming season than were run
last year. This will be caused by the
improvement i,n the market late in the
season. '."' .''.
' In a special review of the canned
salmon trade In the English marketer,
the - year. Anderson & Coltman advisa
from London; ; '
The demand for salmon of all
grades has boen very disappointing to
Importers, and may be ascribed So
the absence of a hot summer, trie
Kresenco of labor troubles or . to the
Igh prices ruling. The producers
claim that saflnon Is relatively good
value at tha prices -which Jiave ruled
during 1912, and that argument is
sound,, )jut the fact remains that the
consumers in the United Kingdom do
not accept the view and insist upon
regarding salmon in tins as a food
to be used only when it Is quite cheap,
and then only as a makeshift for fresh
foods. , This view could pcrbaps be al
tered by education, but this process
would be very expensive and not jus
tified so long as tho other markets of
the world are willing to pay high
prices. The tendency is for the cost
of production always to Increase, and
the best thing for canners and asso
ciations of canners to do is to make
certain that the' goofla produced are
of a quality which will Justify the
consumer in paying the necessary
price. A good deal might be done by
extending the system of giving recipes
for the. making of dainty dishes with
canned salmon as the basis. These
recipes can be printed on the labels
and will appeal to a better class of
consumers than has hitherto been at
tracted by salmon In tins.
Alaska Reds On the arrival of the
first of the 1911 pack, late In 1911,
the price was nominally ;u s 6 d or 1 s
above the price paid by Importers,
viz., -:H s d. The quantity available
for market business was not large. Very
little business was done at 1'9 s
rt d. no real move being made until
June, when efforts were made to sell
at "J s. ; The results were not satis
factory, and tho price gradually receded
.to S8 h early in August, still without
attracting buyers. In September busi
ness was done. iit "ii s ! d and sellers
from that date continued .to' force. Sales
by meeting buyers in every way, with
the- result that 26 s was touched In
early October. a 6 d -in, tho middle of
October a-nd : s In November.- .On
the arrival of the rarlv,.slilprMents of
1912 pack in December, 1812, .;t1iere
were sellers at '.'4 s d, and. eyeft 24 s
was suggested ' Mil wtihuiit' result.
Twenty-four shillings left iiir margin
of profit to the Importer; and the fact
that good firms were, suggesting the
price shows the view wnicb thev right
ly or Wrongly took of the' market 1912
pack. TU quantity of t)13 pack old
to the t;nltert Kingdom 'estimated at
about ;t."i0,(MH cases, of which the bulk
whh immediately sold in the c6untry at
a merely mnnliml profit .upon th im
porter's -cost. . No i on sewnuvf willing
to be left wUh. niiy tock tf tbev could
posslhl,;:nvlJjf it, and t-jtheW'STiouM'
be any dejuJtnd . over .alidio'i.. tha
quantity, sold .for ,A arrival the inarket
must . surely, strengthen. -; Tlip ,lyi2
pack will arrive upon very small vis
ible stock, but the result of a careful
canvass of the- retail trnrte has forced
th.e conclusion that there la a quite
considerable quantity tipon the re
tailers' shelves, and a good deal will
depend upon I lie action of these re
tailers. If they- write down their
stock to current values it should stiinu.
late business.
Alaska Medium Reds, ('onsldcrnhte
quantities of one pound tall tins were
imported, but they nae not been suc
cessful' in attracting the country trade,
and are largely still 1 Importers'
bauds, although every inducement bus
been held out to the retailor to push
their sale. They can no bought today
st any reasonable bid which fs made.
This grade of fish does not seem to
be wanted. It is not a substitute foi
led fish and is gem-rally classed as
having most of the disadvantages' of
pink.
Alaska Pink Salmon. The consid
siderable quantities Imported of the
1911 pack were mostly n store when
the price was made for the 1!M" pack
and In .order to effect a clearance
holders immediately lowered their prices
to the 1!U' level, thus writing
off about S s per case iucludinc rent
and charges, a gooo many were sold
on the new basis but not for the Gro
cery trade. The determined effort
which was mado by very many peo
ple to popularize pink salmon was
frustrated by the very indifferent
quality which was shipped and the
high price which "was paid. As a mat
ter of fact, the articto had little merit
at the price, and the public found no
inducement to try to overcome their
prejudice against the color.
Jast bacon 16MiSi!8ci bulled baui, 27c; idc.
uics. i::c;( cottuge, Isc.
MEA't'Sl'ackluc house ."steer. Nn i ttick
13ai3Vio; cows, No. 1 stock, 12Q12i4c: ewes'
10V(,4JlH-j wethers, HV412c; luuibs, Kic; pork
lolus' 16 He. '
OKSltKSSboalwatrf bay, pf cation I I
Pr 100 lb. sack ( ); Olyiupls. per g,iioD!
tH.85; per 100 lb. sut-ic. $U; canned, eastern!
(Ac can: S.0O dosen; eastern In sbell. ti.Ibel
S per 100; rasor elams, S22.1U box.
KISH-Jipmlnal ltock cod. 10c lb.; ar,.M.,
flounders, 7c; halibut, 15c; striped bast.
20c; catfish. 12c; sulmon, llftUtc; soles Jo
lb.: inrlnipa, 2ftc; perch. He lb.; tom'cod.
c lb.: lobsters. JWXj II..; herrings i ;
bass, 20c; sturgeon, 12c; silver smelt Si4c
t'oliimhia smelt. 4e; black toil, Su. ' '
LAttU llerws. Ufcc; cojipouud, tierces,
Oroosxtss,
RICK Japan style, -No. i. SUQClic: Sn 2
4Vfe: Ne,w Orleans bead, B.ftfc'Tc; Creole. Blie'
BU0AB Cube, fi.80; powdered, 5.7o trait
5.lb; U yellow, H.V5. (Abore quowtious are
UO day a not cash.)
6 ALT Coarse, half grouhds, 100s, tin dm
ton; 60s S10.T3; table dairy. sja. is
17.B0; bales. W.25; extra (iu burrols, 2s. si
ml 10i, $i.2ot;ti.0ij; lump rock, sicj.SO per tou.
r.EA.NS Small white, OVms birge white "oc
pick, Oe; baron. 4ct llmas, Zc; reds, flo. .
UONlAr-New. $?.75 per case. .
Patau, Coal Oil. Etc,
WU1TK LMALTon lots, c per Ih.i 0(10 In.
lots, he per lb.; less lota, Siie pet lb.
LISSEEO OIL Raw bbls., 53c per gal: kettle
boiled, bbU., 65c gal.; raw eases, CSc; boiled
cases, bov gal.; lots of 250 gallous lc loss
oil cake meal, tU per tin. '
TUWBM'IKBia cases, 73c; wood barrels.
70c; Iron barrels, bc per gullou; lb caM
lots, 72c.'
OIL WEAL Carload lots. 137.50; lest that
sarload luU, o per ton.
.- - , x -,. . , i i '
NOimiWESTHBAXrcTATEMEXT
Portland Banks.
This week.
,.,,...$l,2(lN,2!.'!.:t
w .'...'. I,4ss,0ti7.i:i
........ i i,42:i,Sii;ui5
....... 1,052,003.08
Clearing'.
Thursday
Wednesday .,
Tuesday
Minidny
Vest ago.
$i.4tn,.i:i,tm
"2,441,345.14
. l.!WI2.(iH3.SI
1,818.033.20
Week to date-. $fl.l33,158.8V! frt,88,427.24
Taooma. Banks,
Clearings
'34n.5n3.nrt
irs,a-iro(j
.Today's Metal Market.
New York, Jan. 80. -Metals
Rar sil-
err New lork,' b2c; London,
8d!
t onper i.ane. 1 ur hid.,..,.-!
I'ln 150 &O.40.
, Lead $4.25 90 4.33. - W
Speltcrti.TSfy'S.'Ji).'-
APPLE SHIPPERS WHO SELL DIRECT TO THE
RETAILERS WILL NOT SELL HEREAFTER TO
T OT . APPHDniMP TO U
i ui., Muuunuinu iu i
Front street Interests bav decided to
patronisie only those apple shippers that
do not sell direct to retailer's. They
make the claim that as long as shippers
sell retailers at the same price - the
street is asking, the latter can find no
plar to dispose of its product.
Two Hood River shipping companies,
are charged by the Front street men
with selling direct,- therefore individu
ally they say they will no longer pur
chase supplies from these Interests. -As
there are. two other Hood River ship
ping concerns that can aend them all
the stock they need, there Is no fear of a
famine in supplies here1.
''We have been loyal y Hood River."
THE WHEAT MARKET
Interior Millers Still Ray Premium;
Tidewater Prices. Are Up
in the Air.
I'OltTLAND GRAIN RECEIPTS
-t'ars-
Wheat. Barlejr.r'lour.Oats.Hsy.
Mcinday . . .
Tuesday .
W'cdnpday
Thursday .
Year - urn.-.
r2
II
3
;i7
:i7
2S
SO
1
T
3
1
12H1
107
a ..
II
13 2
l:t:w mis
1564 . 1070
Season lo date.
.12.355
lflo I
2U0
Yen ago U.2U3
WHEAT CAUOOES WEAKER
London, Jan. 3o. Wheat cargoes on passage
ei., nearby positions offered freely. '
Kngllab country markets qnlel.
I'ri-uclf country markets quiet.
FOREIGN WHEAT MARKETS
Liverpool Wheat cUhmmI urn-hunged lo
kd
Dinner.
l'urls Wheat clused unchanged to '( blgbcr.
Itumios Ayres Wheat closed 1j,c higher.
Berlin Wheat . t-loacri V3c higher.
Buclaest Wheat closed 'i,c higher.
Antwerp Wheat closed higher.
' Interior millers are still paying a
premium for wheat over prevailing
prices at tidewater. There is also all
sorts of talk regarding the purchases
by tidewater interests, much of it be
ing conflicting to such a degree that, it
is almott impossible to state definitely
what the exact market Is.
It is known positively that sales of
club have been made in the Big Rend
section within the last 2 4 hours at w
price that means at least 88 He a bushe.
tidewater, track basis, but nothing over
86c is being offered here. On the other
baud, country holders are asking a i0c
basis for club.
- Activity In tho wheat market Is not
nearly so' pronounced as for hoiha time
recently. Formerly the call was con
lined almost entirely to the bluestem.
but now club and forty-fold are taking
the lead, the latter as a rule being
quoted 2c a bushel above the former. ,
Foreign markets were firmer and
generally higher for wheat today. on ac
count of the seriousness of the drought
in India.
Business In the coarse grain markets
Is of limited nature, with only weak
neRshowing for hurley, although oats
are Jiomliially quoted strong even
though business Is nominal.
WillOAT Producers' pikes, track ba
sis; 1'lilb, 86c; bluestem, !M9&e; rod
Russian, 8!c; fortyfold, 92c; Turkey red,
94(fr9f.e; Willamette, valley, 86c.
BARLEY Producers' prices, track
t'ast; Feed,-$24; brewing, J 24; rolled,
25.r.O.
OATS Producers: prices, track basis:
No. 1 milling, $28.30; white, $26.5027
per ton.
FLOUR Selling price: Patent. $4.70;
Willamette valley, $4.70; local straight,
$3. 85(fi4.10; "export. $3.883.95; bakers',
$4.B0W4.75. .
HAY Producers' prices: Willamette
valley timothy, fancy, $13; ordinary,
$ 14. GO; eastern Oregon-Idaho fancy tim
othy, $16.50; alfalfa, $ll.5(l12,; vetch
and nats. $12; cheat. $10.50.
.VI l LLSTl'FFS Selling prices: Bran,
$21 22; middlings, $29fo3t; shorts, $23
((7. 24 a ton.
ORA1N BAGS No. 1 Calcutta, 9
9 7ac
WHEAT MARKET IS NARROW
Cliicatio Is a Fraction Hinher at the
Closing of Trade Today.
Chlie. -Inn. :W. Market fnr nhest tint Inns
was narrow today with an udraiii-e of '(.e
each iu the lliree dellrerles. The tniirket niieuod
iim-hsngcd for May and 'ie off for July nnd
.Sepleoiber.
r'o!-elin markets were firmer and hiclii-r on
hi i-iiHtit of the diininuc ri-pnris coming from
India.
ltiuiKe of ChlesKo prlcea furnished by Over
beck & Cooke Co.. 2lfl 217 Hoard of Trade bklg.
CONFLICTING NEWS IN
WHEAT
.Miiiilh. Open. High. In. Clnie.
May n:i, 12 "h l:i't,B
July Wi'ii 1 IKi'a hoA
Sept fJ'4 Wl'i HII' 811 B
CORK .
MV 5H, r-l'i, 51 'a 51SiA
July 5'Ji.j 52 521a 52'H.B
Sept M1 kl 53 U 5
OATS
Muy 34 :: 33 33",B
July 34 ' 341 M 34 B
Kept 33; 33' 334 .'U'aA
I'llRK
Jun 1IM7 .
May 11125 l30 ll 11120
July 1012 1I7 H'12 MI7
LA It I)
Jan 1025 1023
Mar 1025 lu.'ln luili ln25 n
July 1025 UCT 1017 1U25 II
KIHS
Jan 1020 bi27 It
Mav lo:,o lolio Io2o li)27
.Tiilj- 1030 1030 1017 1025 B
OMAHA IiAMRS ADVANCE
Market li 10 to 15 Cents for Day:
V" -i ii: .
Auvuiii t ui iiiiic ior
Smith Omaha. Jan. 30. Cattle 1IHM1. Market
strong to US' higher. Steers $7.5oC'f8.5o; eows
and heifers. $5.75 7. 10.
Hogs 1rt,3m. Market stroug lo 5c - higher
al 7.:RfT.4S.
ShimpiSUO itatket stcuily.- .Wmha-tU-awt-
15- blither. Yearlinga, H.S5cr.7.15: wethers.
$3.50(1(5.85; liuiiba. is.oofrtSo; cues, i.73ivr
5.10. '
CHICAGO CATTLE HIUliER
Market lp a Dime tor Day; Hog
Trade a Nickel Up.
Chicago, Jan. 30. Hogs 23.0011. Year ago
47.0OO. Market 3c higher. Mixed and butch
ers, $7.4oi 7.70 good and heairy, $7.5ilfri7.7o;
rough and heary. 7.25(7.45; light. $7.2iitv7.05.
Cattle fssio; market loe higher.
'Kherp-lli,(HHi; markets steady.
KANSAS CITY LIVESTOCK
All Lines Show Advance for Day;
Cattle Charge in Yards. -
Kaunas City. Jan. So. Hogs lo,5iKi. Market
ae hlglier. Tois T.a5.
7 4'sltle 35(i; m ket 5 higher.
Sheep 5)Hsj; market &e higher.
INDIAN DROUGHT IS
HURTING WHEAT CROP.
(Special Cable.)
Talrntta. ludln, Jan, 8(U
The
drought continues In the wheat
districts and, much damage is
feared to ' the wheat crop. The
outlook durtng recent day a has
been very discouraging to grow
ei s. ' :
T-M--.resi '''r.iT'lif'S -.'J'- -9 ii'asssywwMg-yTji
uni COM CDC
mULLOttLLIW
says a Front street man. "but the first
chance some of the companies tliers get
they try to down us toy selling
direct. They have two men here who
do nothing else but sell apples and most
of their time la taken ud tor retailors.
"We have been so loyal to Hood River
and other local sections tbat we have
been Holding orange prices rather hign
In order to help the apple growers to
sell their product. We could purchase
apples from the-Yakima sections at a
liberal reduction, from what we are
actually paying Hood River for the same
goods, Dut nave mscouragea me out
siders from shipping here because wt
felt that our interests were closer with
the local people.
Front Street RepresentAtlves Go to
Salem In a Rody to "Protest
Against Its Passage.
Front street business men went to
Salem in a body today to protest against
tne passage or i tic Dili proposed to reg
ulate the commission business.
Commission men claim that the bill
Is so severe that it would be impossible
for them to remain in business unless
they received at least 25 per cent for
selling goods while at present they are
woi-King generally on the basis or iu
Der cent.
If the bill should pass, commission
men say that they will simply retire
from that portion of the business and
instead or accepting stock; on consign
ment, will take it upon arrival at what
ever price they feel it is worth.
Being compelled to take chances of a
lower market and loss from other
sources it is freely admitted that the
prices that shippers will get -tinder the
new. system will be far less than they
are able to get for similar goods On
commission. ur course, says a com
mission man, "if we are compelled to
take chances on sale we will have to
buy the stock at a lower rate than the
goods are probably worth. That would
be natural. At the present time we take
but little chance, therefore are able to
return the farmer more money.
Commission men In general say that
the passage of the bill would hurt then
far less than it would the small coun
try shipper or the man who does not
have the best quality to orrer. under
the proposed System with its complica
tions, the shlppw of poor quality would
llnd no market whatever.
New York, Jan. 30. Whal is believed to be
the forerunner of ail attempt of Id); Interests
to gobble up all existing competing telephone
lines in Hie country was the announcement
today that the Anierlrnn Telephone & Tele
graph company hud decided to Isauc $87,000,000
iKinili). J bis nellou ubs ttiken at the annua
meeting of the company. The bonds will ruu
for 2o year and will be 4Uj per cent con
rert Ililes.
The general market for stocks showed a lib
eTal advance for the day. Activity In Amer
lean Can honlea was again 'shown with' a sub
stantial advance In the price.
' Range of -New York prices furnished by Over
beck Cooke Co., 210-217 Board of Trade bldg
UtSCKlt'TloN
IOukiii Hla-bl Uit I JJI4
Amalgamated Copper Co.! 72
American Car & Edy.. cj 53
American Can, e 42
American Sugar, j1l7'
74
53
13
117
74-4
M
102Vj
11
242
114
137 'i
7S
37
32
I21
72
53 'i,
42
118
73 V4
37
105
102
H4
240 V,
1131,
137
T7
;lo Hi
8l'-4
73
5:i'i
45
H7Vti
73
!
105
102
American Smelt
73 V,
Anaconda Milling (a
Atchison, e
BaltlnHire & Ohio, c. .
Brooklyn Hiqild Tratialt
Canadian Pacific, c
('., M. & sr. 1
37 K,
105 Ui
102
ts
240V,
in
240',
113
C. & N. W c...
Chesapeake ft Ohio
.'137
-I 7S'
- S5'
-l 31 s,
.il2i-4
.llH't,
. Ill
137
78
Colorado K. I..
Erie, c
G. Northern, pf
Int. llnrroiiter
Int. Metropolitan, c...
Lehigh Valley
33
31
128
1I5:114H,
114'
10
19
IHVd
162
183
l'W'i
V--7
42
64
181
1824,
kaw-a City Southern..
2HS,
28
20 '4
loulsvllle A Nashville. !l3ioi
LfOVi
27'
41 h
52!k
1H4
.".2
11 1
i:iw 'i
M.. K. : T. e....
Mlswairl Pacific ...
National Lead ....
New York Central.,
N. Y.. O. ft W. ..
Norfolk & Weflerh.
Noll hern Pacific, e.
1A
27
41
41
53
OS
ion'ii-.
ioO',4
32 ' 32
;112;1I3I4
;i2
111
h'Vi
12oV
11DV4
iiuv.
I Viiiikv IthiiIh Itiilltvay. ,:123
123 J 123
123
33
I'reasi-d Steel Car, c.
Reading, c
Uepublie iron & Steel, c
ItiM-k Island, c
St. L. S. E.. 2d pf.
Southern Pacific, t-
Southern Railway, e. . .
l ulon Pacific, c
I S. Rubber . c
!'. S, Steel Co., c
t'tah Copper
Wabasb, e
W. L'. Telegraph
Itt-'I'l.
24'
22
27 'j
l"Vi
27
15U,
Vi
3'l4
UMIiHI3V4 1 85',
20 24 25
23 22 22
27 '27',
1IO 0S
27 27
Ill1il5l
811 I 05
88 I 83
55 54
27
10S
27
ISO
85Vj
84
64
3
54',
71 72 71
i:
Total sides tWS.onO shares.
Money and Exchange.
London. Jun. 30. Consols,
bank rate, 6 per cent.
74 3-16
New
change,
York, Jan. 30. Sterling
long, 4.84; short, 4.88.
San Francisco, Jan. 30. Sterling ex
change. 60 days. 4.82: sight. 4.87; doc
umentary, 4.82. Transfers, telegraphic
6 per cent premium; sight, 3 per cent
premium.
San Francisco. Grain Calls.
.Sun Francisco, Jan. 30. Grain sales
BARLEY.
Bid. Asked
May 1.31 1.3
Dec 1.3U4 1.32
The annual report -of City Inspector
of Buildings H. K. Phtmmer, riled yea
terday at the city hall, says the building
outlook for the present year Is the most
promising. In the history of Portland,
Mr. Plummer expects to see the $20,000
000 record of 1910 eclipsed. He says
tliere will be a great revival In the con
structlon of office buildings, factories
and department stores.
"One of the lines of greatest activity
wltt' be tn rcoimec Horn- with the" new
freight -sheds and passenger stations
which will be constructed by the rail
roads," reads the "report. "There will
probably be some extensive, work In
connection with docks and wharves
along the waterfront, as it is imperative
that work of this kind be commenced
so as to take advantage of the opening
of the Panama canal."
Mr. Plummer calls attention tot the
ftnernssd efftoteswy of the bqirdfng tTf
spection department during the past
year recounts the work done by . the dif
ferent inspectors,- He saya the council
should call a halt on the issuance of
special' permits for , building, i These
disrupt the, building Coda and' hamper
the. efficient worsing of the building m
spection department.
CLAIM
BILL
WOULD
HURT THE PRODUCER
TELEPHONE LIS
MAY BE GOBBLED UP
BUILDING TO ECLIPSE
$20,000,000 THIS YEAR
'ACKERS ARE FILLED
BY DIRECT PURCHASES;
SILL CALL SHOWING
North Portland Market Is Generally
Weaker and Lower in All Lines
for Day; Enough Cattle In Sight
lor Two Weeka Killing.
ZM THE STOCXTAKSf.
Wortb Portland AU lines weaker and
lower.
Chicago Hogs and cattle higher
fheep steady.
Xaniai City Hogs, cattle and sheep
higher.
South Omaha Hogs, cattle and aheep
higher.
PORTLAND LIVESTOCK RUN.
Thur.
Wed. ......
64 . 1496
H . 1
2!) r. ' 257
28 1 1600
68
50 . 231
176 1 2175
442 8 1316
50 . 665
SOL
Sf
1387
35
58H
645
394
45
Tues.
Mon, ......
Sat
Frl
Week ago..
Year ago . .
2 years ago
Killers are neglecting the local live
stock market. They are buying so much
stock direct at Montana. Wyoming and
California points that their full needs
are more than supplied fnom this
source alone. Therefore there Is little
cattle at North Portland for stock that
arrives for competing bidding.
One local meat comoanv brouirht In 19
loads from Anaconda, and two loads
from Butte, Mont., during the last 24
hours. It had previously ourchased
heavily In California and at other points,
ine'viore is not in a position to ansoro
offerings that come upon the open mar-
This is considered one of the worst
blows that can be struck at the local
livestock market, and Is regretted bv
the trade generally.
At Chicago there was a firmer tone
in the cattle trade for the day. with an
advance of a dime in the price.
Kansas Cltv cattle market was a
nickel higher for the day, and when
the Kaw river trade pays an advance it
generally signifies a very good tone
generally. During recent months the
Kansas City cattle market Jias been con
sidered the poorest in the country.
nouth Omaha completed trie eastern
trio with an advance of a dime In the
cattle market for the day. Tops are
showing no change, the Improvement
being confined exclusively to the ordi
nary class of offerings.
tattle shippers today: I'hllllps &
Pollman, Echo. 6 loads: S. J. Putman.
Butte. Mont., 2 loads; H. .1. Putman,
Anaconda, 10 loads; Mrs. M. J. Klalg,
Mot:nt Angel, 1 load.
North Portland cattle range:
Ile'ivy fed steers $7.7507.80
Choice steers 7.63
Common steers 7.50
Speyed heifers 7.50
Fancy cows 7.08 7.20
Ordinary light cows 6.60(tt,75
Fancy llghl calves h.ou
Heav calves 5.00(8)6.50
Best bulls 5.50
Ordinary bulls 4.505.90
Sharp Slash in Xog Prices.
Hoc- market prices were slashed at
North Portland today. There was an
other big run of supplies, even Wyom
ing contributing arrivals in the swine
division today.
Dnrinir the'earlv part of the day a
small amount of stuff was sold at $i.60.
but killers were not offering over 7.45
Sn 7.50 for the bulk or the new offerings.
The market In general was safely 15 (it
25c lower for the day.
At Chicago taer.e was a iirmer tone in
the hog trade with an advance of a
nickel in the price. Tops reached $7.70,
thereby overtonnlng the North Portland
market for the first time in a very ex
tended period. Kun for the day wns
3,000 head compared witn 4,ouo a year
ago.
Kansas City hog market was a nickel
better than yesterday with extreme tops
at $7.65.
South Omaha hog market was strong
er with a rise of a nickel, t6ps advancing
to $7.45 during tne day.
Hoc shippers today: James Madison,
Welxer, Idaho, 1 load; S. C. Walker. Sug
ar City, Idaho, 1 load; Ball & Later,
Klghy, Idaho, l load; c. r. vvniaer, jaano
Falls, Idano, 1 load; G. R. Sweet, Pay
ette, Idaho. 1 load; J. W. Chandler.
Haines, 2 loads; Lone Tree, I load; Wil
lis & Peterson, North Powder, 1 load.
Kiddle Bros., rnlon Junction, 1 load;
Kiddle Bros., Imbler, 1 load; J. A. Ire
ton, Welser, Idaho, 1 load; II. S.
lemp. Ten Davis. Idaho, load; h. lu.
Kuhn, Wallowa, 1 load: Bah Beach, 1
loud; springer KiKins, upai city, y,,
1 load: J. S. ' Prahl, Toppenlsh, 1 load;
Fred B. Becker. Gervais, 1 load; A. S.
Bennett, Shaniko, 1 load.
North Portland hog market range:
Best llgnt $7.tin;iJ 7.60
Medium light ". 7. 4 5 ft' 7. 5C
Best heavy 7(45Sr7...r0
Rough and heavy 6.00 ii' 7 00
Mutton Market Is Weaker.
Weaker prices followed in the mutton
trade at North Portland today as a
result of general stagnation in the live
stock trade here. In general the market
for lambs was off a dime, although in
other lines there was practically no
change shown.
At Chicago there was a steady tone
today in the sheep trade with no change
in prices.
Kansas City sheep market was u
nicKel higher.
South Omaha sheep trade was steady
with lambs 10c to
0c to 15c
better tnan yes-
terday.
Sheep shippers toduy: T. B. Wilson.
uppers
Idaho.
Caldwell, Idaho, 2 loads; Ed Coles,
Haines, 1 load; McCoiiough iv Kumbc.
Knterpfise. 2 loads; H. Boylen, Pilot
Rock, 1 load.
North Portland sheep values:
Best grain fed Iambs $ 7.-2.I
Ordinary lambs 7.00(7ii7.1o
Best yearlings '. . 6.25
Ordinary yearlings 5. 8 5 6.1 5
Old wethers &.50ff a. 7a
TKAHSPOmXATIOH.
STEAMER HASSAL0
for Astoria
fctsvci - TOEtiana - so f. is.
dally, except -Saturday.
Leaves Astoria 10:00 A. M.
daily except Sunday.
Get Tickets Ash-Street Dock or City
Ticket Office. Third and Washington.
EXPRESS STEAMERS FOR
San Francisco and Los Angeles
WITHOUT CHANGE.
BS. Beeaver Sails 4 p. m., Jannary 31.
The San Praneiseo as Portland S, b. Co.
Ticket Office 133 Third St.
Phonea Main 8605 and A-3559.
COOSBAYLINE
Steamer Breakwater
Salli from Aluanortb dock, Portland, at ft i .
ni.,! November 2fy and thereafter erery Tues
day evening at 8 p. m. Freight received until
8 p, m., on sailing dajr, Passenger fare first
class $10, second class $T, including berth and
meals. Ticket office at Alnsworth dock, Port
land A Coos Bay Steamship Llue. L, H. Keat-Ins.-
Agent.
8AN-FRANCIS(X)r-IX)S -ANGELES
- AND SAN DIEGO ; DIRECT
North Pacific S. S. Co. ?
S. 8. ROANOKE and 8. S. ELDER
Pall- Bver.r Wednesday, alternately, at p. m.
Ticket office. - 122-A Third 6t., near Alder.
Phones Msln 1314; A-1314. ,
, LMABT1.N4. HIUI.GV, Pass. Asrenf. . -
t'W. U, 'BhfSSEK, irvljlit .AgeuU.,. .
c5V
m
Fancy ewes ........ .,, ; B.OOW 5.23
Ordinary ewes ........ 4.75 4, hi
Wfurtdsy Morning lalel,
BTKKUS ' y
v Buyer. ' . , o, ,Ave. lbs, . , f'rlee.
Btorrett-Olierlee .......... 21 12o - $7.80
Bterrett-Oburlee 2 1185 : 7.00
H0US
Hevera-Wned ' an'. ' 150' ... $7.00
iKevere-Weed : ,...3.t ltd - v j T.uo
Union Must Co. ,. 77 ' XVH - , 7.55
liulon Meat Co. ,.,.,.., Il.'i 210 . 7.55
Union Moat. Co MS. ' 2o2 7.55
I'nlon Meat Co IHi 2n5 T-53
Villon Meat Co. ,. flfl 2iM ' T.53
Union Moat Co ,.,lo4 lw - T-53
Union Meat Co. . , 71 27 ' l.Xt
l lilon Meat Co 53 St 7.25
Uliloll Meat Co. 10 ' 32S 0.55
Inlon Mrnt Co. ...... .-. 2 353 - 8.55
Kwys
f'nlon Meat Co. , ...IHH 7 $3.23
I'ulou Meat Co 181 t Us 5.25
i , LAUUS
rnlon Meat Co ,..107 " fl $7.23
SENATE ADJOURNS;
HONORS' MEMORY
OF CENTENARIAN
(Continued From Page One.)
the commission oy Upton of Multno
mah, gives the Oregon commission the
same power with reference to state
schedules that is now exercised by the
interstate commerce commission over
interstate schedules. .
At a hearing of this and other pro
posed railroad legislation before - the
house and senate committees early this
week Attorney J. N. Teal of Portland de
clared that he considered this a very
necessary extension of the powers Of the
state railroad commission. Me said that
he thought that in every case where a
railroad desired to increase its rates
it should be able to Justify the In
crease before the commission, and it
is to give tho commission time and
opportunity, for investigation that the
90-day suspending power is provided.
If this bill Is passed by the senate
and becomes a law, as seems very
likely, it may be called Into service
soon in connection with the Mcdford
rate law, passed by initiative at the last
election. Should the courts uphold -the
Medford law, which puts Into effect
very radical reductions In rates on less
than carload lots, the railroads will un
doubtedly announce lnfraiseti tariffs
for more than carload lots. This they
declare , to be necessary to save them
from bankruptcy.
Though condemnation of the Medford
bill Is very general on the part not only
of the railroads but of transportation
authorities in general, and the commis
sion itself is understood to be opposed
to It, yet it would undoubtedly suspend
any Increase in over carload rates for
the, 90 day period while It conducted an
investigation.
H. B. 79, Introduced by Abjbott, pro
vides a method .of paying over fees for
inspection of railroad scales by the com
mission's scale testing car, so that they
will go into a fund to be always avail
able for operating the car. At present
this is provided by legislative appropri
ation, and funds are, not always avail
able. The car 'is now idle for lack of
funds.
Bills were passed by the senate this
morning ss follows:
II. B. 91, by lllnkle Relating to
rights of wife when decree of divorce
is granted.
II. B. 126, by Mann Making it un
necessary for county clerk to record
automobile registrations.
H. B. 30, by Belland Relating to
service of process in military reserva
tion at Fort Stevens.
H. B. 133, by Schuebel To prevent
profanity near or upon a public high
way. II. B. 60, by Murnane Increasing
salaries of deputies of assessor of Mult
nomah county.
FRED BARR, CAR REPAIR
MAN, KILLED AT MILL
(Siieclnl to The Journal.)
Kugene, Or., Jan. JO. Fred Barr, aged
about 26 years, and whose home is in
Portland, was instantly killed last
evening when a car at the Booth Kelly
sawmill at Wcndling jumped the track
and he was jammed against the mill
dock. His body was badly crushed and
when fellow workmen found him, a min
ute afterward, he had ceased to breathe.
Ban-, had been empi3S'ed by the com
pany about a month as car repairer. He
was riding on a flatcar while the
switch engine was working in the yards.
When the car was derailed Ban- fell
between It and the dock.
Correspondence Welcomed
We welcome all correspondence which may' lead to an
extension of service to our clients of to th? establishment '
of new connections and will be pleased to send full particu- '
lars relative to the functions of our'
FOREIGN EXCHANGE DEPARTMENT - ; " ; ;
lumbermens
National Bank
i CORNER FIFTH AND STARK .
Resources () Millions
Ladd&TiltonBanlt
ESTABLISHED 1859
Capital Stock - - - $1,000,000.00 "
Surplus and Undivideirj Profits $t,000,000.0a4
COMMERCIAL AND SAVINGS ACCOUNTS
Letters of credit, drafts and travelers' checks
issued, available in all parts of the worlds -
Corner Third and Washington Streets
FIRST NATIONAL BANK
CAPITAL $1,500,000 '
SURPLUS $900,000
, OLDEST NATIONAL BANK WEST OF THE
: ROCkY' Mountains'.'
CHARGES VOLV
E
W. SC. PRESIDE!
i
Governor Lister Is Expected to
Take Action at Pullman
Institution.
(United Press teased Wire.)
Pullman, Wash., Jan. 30, Charges pub
lished here, involving the, management
of the Washington State; college, and
asking 'that President Bryan's resigna
tion be demanded, are causing a sensa
tion, and action by Governor Lister Is
expected. '
These, charges followed sv atatenient
at a meeting of the faculty that SU
Of last years' student had quit, no
reason being given. Ira Nye, leader of
the Farmers' union, saya the exodus waa
the, result of favoritism shown to mem
bers at sororities and fraternities.
An Investigation is asked of the pur.
chase of $5000 worth of land, whlclt
was "badly needed by the ; college
when bought, but which has since
been, left inimproved. It is declared
that the land was purchased tor a low ,
price and then resold to the state at
big profit. ,
CONDEMNATION BILL
NOT TO OPPOSE EXCESS
"Why are you opposing the excess '
condemnation bill?" asked Arthur
Langguth, chairman of the legislative . ,
committee, and J. B. Laber, chairman
of the streets and highways committee ,
of the Greater Portland Plans associa
tion, at a meeting with Burnslde street 1
property owners in the auditorium of ,
The Journal building last night, .f
"Because we understand that it pro
poses confiscation or private property
for public use," responded the Burnsid .
street owners, represented by Isaao t.
Swett. A. King Wilson, Will Sinnott. ,
"Also we are not In ravor of widen-:'
ing Burnslde." . , , ' - t t
"But this bill docs not propose con- '
fiscation, but proposes that when prop-
erty is taken over for public use after
a favorable vote by the people, that
the owners shall be compensated fully,"
answered the Greater Portland com
mittee, i-i
NORDICA CONCERT WILL
BE BIG SOCIETY EVENT
It is expected that the concert of Alme.
Lillian Nordica, the famous dramatic so- "
prano, to be given at the HeJllg theatre,
February 5, will be an event of marked
social and musical importance,. She in
said to be In splendid voice, and aa
Portland is the most convenient center,
music lovers from surrounding towns .
will have an opportunity tc hear great
arias and. (oik songs which are Included
in her program.
According to reports from the box office,-Extensive
reservations -have been
made by society folk and concert goers,
indicating that a large audience will
greet the gifted Singer. Nordica - 1 ;
known as the most beautiful, woman ".
of the operatic stage and Is the pos
sessor of a very pleasing personality.' ;
After her concert season she Will ap
pear with the Boston Grand Opera and)
or(e of the roles she will assume Is "La
Tosca," which she will sing for her.
first time. Although Nordica is a fin
ished artist she still continues with her "
studies. During her recent trip abroad
she counseled with Jean de Reszke in
Paris. In private life she ia Mrs. Georgo -Young,
her husband being a mlllionalra
banker of New York.
K