tuj; .Oi:::cu;j daily jou;:;,AL, roiaLAUD, Saturday i:vi:rm;a., vj::iuuary 8, 191a.
fx;
EGG :-m REACHES
A CENT HIGHER TODAY;
, .... 1 1; i r , 1
iTH IS NOT
Trade litre J I'p to HH On Is for
lVsh lUiitli Villi HupiliesMm
lied;' Su Francisco ii'wa Vv lit
' Outs Willi Xurtlimi Iluylng.
rORTlAND PBOOVCB TBADB
; Cheese sales better. .
Batter holding steady.
Texas lettnoe telling. ; , 'h
Sweet potatoee gone.
Potato market quiet.
Dressed meat steady. ' .
lasle toue for wools. "
Tiir-i'M was a'furl'her advance in thl'
price tit fresh ckr along Front street
mriHv MiilcH belnu made uu to 2!K Kven
f
IIOLDI
esse tfount sold up to 2SMic, but tlila wn
sn exceptional InstHiicfv . However. H
" I'CflftVtH tho RIHt HhOltltgO of supplies
slon the street at this time. i
'n-.-TJie egg market - la Higher In Ctwifor
, ,nl, Han Francisco showing uu. advance
f J u a dosen on amount of tue very
, heavy buying for northern account. .
- , There -la K ; Somewhat easier feeling
, ill' Seattle 'and while nominally quota
tion there are higher than here. irfall
Hdviees to local shippers state that they
)o not want any turner shipments from
: here at the pn-sent tlnie. - i
It in reported that rathef; heavy sup-.
, - pi lies have been purchased in dan Fran-.
dsco by locul pnrth? for shipment on
the next steamer-and till Is eitpcotqd to
Jvecp .the home trade, in elieck, :
ClIKHSK IS MOVING WIIM,
There Is nulls a s fair demand for
; cheese in thp locsl wholesale trade and
storks are showing , an - inclination to
clear tip at prevailing prices. All of
, the big dealers are again tuning hold.
HITTER 1IOLD1XG STKADV
: &i :..;:.w;j,";;;j-, i; '' ' 'C, ':ff '."Y,i'
'" Quite a steady tone Is shown for
' 'creamery butter in-the local m;ukt.-t but
a small decline is nuotcd In ttio sout'i
- on account of greater supplies. Prices
here are unchanged. , . , ; . .:
v "-SWEET POTATOES GONE &'
According to an advice received by
the street today, there are not likely t
be any more shipment1 of sweet pota
toes this season. One carload that was
bought was found to be unfit for sale
und was rejected In tho south. ,
TKXAS LlttTlVK IX DKMAM)
There Is quite a fair demand for Tex
as lettuce in the local market. The
carload that arrlveij. 'yesterday, the first
ever received here;' has found an ex
cellent call at $2 per hamper,
MEAT MA11KKTS AHK STEADY
Market for r-ountry killed meats Is
holillnt; steady along Front street. Con
trary to general trading there was a
Bond call fur boR this morning- and
.prices were. maintained, gomo weakness
was shown at places-in the veal trade
but the market in general was un
changed, j "
- -I , . .. i i- -
lil IMOMAXli FOR FISH-
There Is a very big demand for fish
; In the locul trade. The priee of smelt
' . Is holding well ut Toe to $1 a box of 60
, pounds. Steelliead salmon is firm at
-.li'ljn and t'liinooks are holding at lie.
. " -Halibut la fractionally easier at 16c. ,
FOHECAHT FOR SHIH'EUS
Weather bureau sends the following
fiotiee to shippers: ' I'roteet-shipments
s far north ss Seattle against minimum
temperatures of about 30 degrees; north
cast to Spokane.- gero; southeast to
Ionian Arh' bnnlh a L-K.l.li. ) I .3 .
f.
and tonight, about 26 degrees.
IDRTLAXD - JOBBING TRICES
ThM price are those at which wholennlcni
cll to rctiillM'n, sxcept h nltmrwlte stated:
Butter, Ejjt and Poultry.
Bl'TTEil N.onilnHl. extra croiimerf, enbes
Slid tuhs, S8c: printu, 37'ic; ordiuarr cream
ery. .Ttygtte Ih.; dairy. 21c.
ICiitiS Noniliwl. (.'nillp(t kw-al extran, 2Je;
onlliiar.r candled, 2Sc; apt huylnn prlcp, lusa
off. 27'-ie f. n. b. Portland; btwt PHsteni. aio.
1.1 VK POl.-I.TKV Item, 13c; aprinira
l.l'ijc) brollera. WOe; gae. 124c; I'ekln durkn.
!; Indian Rtmnera, Hir-;- tnrknya, 20o
ilivsfMfd, aafttaiic; pigeon,, old, $1; yoniig. 1.00
- dozen,
UAMEJackrabblta 1JK) per 'down; wild
ji-ctp, $4.50 doaeu. -
RUTTKR li"AT Prodticeri' price, for Port
land delirsry, per lb., 377.
CHEESE Sondnal, freni Oregon fancy, full
cream twins and triplets, 18c; dalsiea (--) ;
Young America, 19c.
Fruits anil VaiatahlM.
FRESH FRUIT New uavel oi-anges, $2,000
3.00; Florida. W-00) bauanaa. 4t lb.; lemons
I7.ooitt8.00; llnies, 1 pur 100; grapefndt, Call-
luriirn, fi,wut.w; rnirina, fa.ou; pineapples
fx- lb.!' wars, 11.0021.50 .box f eranlierrlM In!
,cl. u.75 bbUi eastern, lo.50U.(X); Persian
dales. THftSe lb. .
Af 1'LhS-h.arlllir apDles. fiOc0t2: pvkln
POTATOBB Selling price; Extra ebolc
7&;; choice, 0c; ordinary 50c per sack; buying
t:i tier cental.
. ONIONS tl.lo; aaooltlon aelllng price, s5e
per ccaiai i. v. u. anijipius point; garlic, lib
VKCKTABLRS TunilDS. o27Bet hwt.
carrots, T50 per sack; parsnips, 7Be sack; cab
bage, 75c$l.afl; tomaloBS, per bos,. 1.50; hies
$(U2.20; green oulons, 10c doaen bunches:
lppers, oeu, 20c id.; sesd lettuce, J2.60 crate
eplery, $1.00 dozes, $5(a,B.S0 erate; pgg nlnnt.
-Jnt lb.: ieara ( ); cauliflower, ' l2.ona;2.M
crate; rhubarb ( I box; artichokes, $lftl.6o
doaeu; sprouts, 9c lb.
Hops, wool and Hidss. . .
WOOI 1013 clip Wlllsiuetto rajler.-
(otsn-old, 102e lb.; medium, Shropshire, 2lc;
cnoicn, iani:j win sue per la. easieru Urugoo,
llH20c, according to i-hrliikocc.
aUTTIM OR CASOAitA BARK 1912 nom
inal, car lots, 3',4c; .less car lots, Oc lb.j 1812
unra. rur suis,- oc, k-b car-- joia, ic&Cs lb
MOHAIR 1012 :i2! )u.
IiIDKS--Drr hides. 2ifi22c; green, 11c; salt
ed hides, lac bulls, grccu salt, Vc: kips, ViUt
14c; calves, dry, 2-'tf"5ci en If skins, salted
or green, IsralUc! green hide. l'l'4c less
than salted; sheep pelts, salted, 8Gcti1.10; dry,
', UOPST-Producera prloa 1012, . I7i(l20ci c
Conllng to quality, 1018 contracts. ISc lb. '
Masts, Fish and Provisions.
PRESSED MKATS -- Country killed: Hogs,
fancy, 10e? ordinary, 8Hc; rough aud heavy,
Sc; funcy veal,, 14ffilBc; ordinary, He;
1 poor, 1 1 :1c ; lambs, j lOdilOc; tuutton, TefiCHc:
gnats, ate; beef, biyilo.
HAMS, BACOX, KTCIIams, ISWfitlOc;
breakfast iHtran,' lVjr2c; boiled him, 27c;
plcnlcs. 12c; cottugu, ISc. ' - . - .-- . ,
M KAT Packing bouse Slews, Ko, 1 etock,
lSai:Hyc; vow. No, 1 stock. 12l2Vic! esea
li4,yllc; wetbera, IVMuil'ic; lauibs,.13c; pork
loins. IHVjC. '
OYSTKUS Shoalwater by. per gallon, ( );
' Stocks,' Bonds, Cotton, Grain. Etc.
816-817 Board of Trad Building.
DIRECT PRIVATE WIRES
, TO ALL EXCHANGES
Members Chicago Board of Trade. v
- Correspondents of togaa at Bryan,
. Chicago. New Tork.
J.C.WILS0N&C0.
1 '" MEMBERS "'iV":'
-NEW TORK KTOfK EXCHANGE '
NKW YOHK COTTON EXt'HANGB
CHICAGO BOARD OF TRADE
TIIK STOCK AN1 HON I.) EXCHANGE
c A IN P KAWCIHt-IU
lOKTr..1 N irl)FFI
269 Oak St., Ground Floor, Lewis Blflg.
ynones Msrshall 4130, A-4187.
OYERBECK & CO0K CO
CRUTCIiFIELD WOULD PLACE COnuViiSSiON
BUSINESS UNDER FEDERAL SUPERVISION
TQ HELP BOTH
A vrry radical change in the law, or
in fact the passage of d new law that
will plaoo commission men under dlreot
supervision of the natlonul government
Is being advocated by J. 8. : Crutchf ield,
the well known Pittsburgh commission
man, und a member of the Northwestern
Jj'rult Kxchang of this city. ; ; '
Mr, t.'riitehtleld's sugliestion for a new
law Is not an- attuck upon the commission
tneilX but simply a pluu to elevate tiie
business ami place It upon the plane
where It really belongs, lie says: -
"Kecognl.lng the unfortunate status
of the public mind, Including produc
ers, curriers, middlemen of nil Classen,
professional Mien and, : consumers,
which is 'causing friction and distrust
to ' pervade, the very atmosphere,:, so
that every man's hand Is. against his
brother, and 1'eullslng that confidence
Is tho foundation and basis of satis
factory trade conditions and coopera
tion is imperatively essential to the
handling of all business, , particularly
perishable food products, i efficiently,
economically1 ami ; wltli facility, we
recommend that this convention act fa.
vorably on th following suggestions;
"That this convention j authorisss the
appointment Of eonuulttee ( to see to
the drafting of a law, tp bo presented
to congress, possibly through the presi
dent of the United tjtstc and the scute
tary of agriculture, which will give to
tli(j commission trade the same efficient
government supervision as now obtains
in tho conduct of the business of na
tional banks; The nature of our busi
ness is very similar to that of the na
tional bank, whereas the lack of stand-
ardlgatlon of product, Its perishable na.
ture mm tne unavoiuu,o, irreguisruiea
which characterize Its conduct, make tt
essential and necessary that prompt ac
tion bs taken to establish confidence on
tlm Hurt of th miKlurer toward bis
commission sales agent, by affording fa
COUNTRY SHIPPERS
Front : rSlroct Receives Word From
' Country That They- Cannot
Relieve Charges.
Front street has lots of friends in its
hour of trouble, and many letters aro
belli" received from country shippers
.offering their sympatb" to the trade
on account of the government Indict
ment,. .- ' -"' V' '- ' ' 1 . - '
Many of - the letters from country
shippers profess their astonishment at
tho clmre-es, saving that they have been
perfectly satisfied with the dealings
they have had with the street.
Regarding the ease now before tho
United States court, comminsion men
say they are at a loss to understand
the matter. They feel that, while they
may .be technically gutltv of the charges
hrougnt by the government, there has
be. n no inclination to invade the law,
as no attempt was made to esoapo the
limuirv. ,
Legal authorities' will be employed
bv the street to find the exact status
of the case, ami If It is found that the
law has been violated no attempt will
he mode to get sway, if,: on the other
hand, the lawyers are of the opinion
tint the commission men are in the
right, .the case will be fought,
"We are not looking for trouble with
the government or anyone else." said a
commission man today, "and will try
to1 wee exactly- where we stand. We
want-to take tn the." matter with" the
government: officials and see exactly
wlmt ha been .charged.
"All this talk about our putting other
firms out of business Is rot. because
some of -the firms" the association is
charged with putting out were them
selves members of the organization. T.
O'Slalley & Co. was one of these. It
failed an Its own accord."
Continuance of the Drought In. That
Country Forces Shorts to Cover
in Chicago Market. ,
Chicago-, Feb. 8.Wheat prices closed
with an advance of ge to c a bushel
for futures todny. . Opening prices were
unchanged for May and September and
'c lower ror tne July
A special Indian cable said that dry
weather continued there and the crop Is
in a serious rendition. This caused
some short covering here after the open
ing.
proomhall cabled from Liverpool that
easier American cables were offset by
closing tirniness in tiuenos Ayres and
the light American shipments this week.
Prices were di lower., Following the
ooening mere was weakness ana real 2.
ing and prices declined -',4 d to 9d for
the -distant months' on tne large La
Plata offers for March shipment and
private cawes reporting large clear
ances yesterday from Argentina. Shorts
covered in March, nearby : cargoes are
firmly - neid and tne sirengtn in corn
checked, the decline. At the close the
market was irregular but generally
steady with prices unchanged totd
tower witn juiy leaning uie aecune.
Ranire of Chicagro nrloes furnished bv
Overbeck & Cooke Co., 216-217 Board or
nauo uuiiuwiK- - .
WHEAT s
Month.. Open. High. ' Ixw. Close.
May .... 1W SMIj, ; MA
July ......... HI ! Sl'4-v." H2'4A
sept. ......... wt m. - .:.' a
'-'- " ., cons - x1'
Mr: ......... w m .iii'i ntmi
July ......... 4Sj W 54'4. ' 54A
Sept; :., S5 0 1 63B
OATS ' -
May
JuLr
Sept.
Mar
July -
May
.lulr
OFFERING SYMPATHY
AN
RP
ALARMING
rt.- 84 as;
'-35- 35i M S-,:.8ft4 ..
......... 34!a H6 Si 3514 T
ponK
.........mrr 107-1 mn ioto
.....(...1UoT - 1073 ... ll7
LAPP ' '
10.W Kin: mr.2 lost r a
106.1 llSJO 1053 1000 ,
......... 1W7 108T i ; JOttT ' B
RIBS . .
,.pr2 vxia - low,- losr, a
...... j. 1052 , 1047 1 J5a ' B
Sept.
M.iy
July
Sept.
1082
nor 100
lb. sack ( ); Olyaipls. per gallon.
13
ner 100 lb. sack, IU; canned. eastern.
ific can; $6.50 duscn; eastern, In shell, J1.75
12 per 10O: rasor cluma, a4.iii box. '
FISH Nominal Roe cod, 10c II),, dressed
flounders, 7c; haiiiiut, i8c; striped basst
20c; catfish, 12c; iSalnitin. 12i315c; soles, 7C
ih nhrlniDS. lii'-ici perch. r Sc lb. t tomcod.
8e lb.; , lobsters, 20C lh.; herrings black
bass, 20c; sturgeon, 12Hc; sllrer smelt, 8c;
Columbia smelt, TBctt $1.00 bos; black eod. 8c.
LAKU uiorces, uc; compouiia,- tierces, 10c.
Groceries. -:- .-- ;-, ,
nic.R Janan style. No. 1. fllifiJc: Vn !
4v,c; New Orleans bead, 6j7c; Creole, 6Vte.
" iiUOAU t ube,. $S.BS; powdered, $5.50; fruit
of berrj $f.S; beat, '$5,00; dry granulated.
M.'iy. 1 ycllon, $1.05. (AboTo quotations are
0 duys net ensp.j , . .
'J t I 'I" . f .ai-4a hillf ITMU rtilei . IftAas I1A
ton; SOS $10.75; table dairy, 80s, $18; 100s.
S17 50; bsles. 11.25;- extr fins barrels, 2s, os
and ltis, ;.;.( o.w"; lump wn, iu.au per ton.
BEANS Small white, Oc; large white. Be;
pink, fte; bayoti. 4.5; llinas, . 3cj reds, Oc.
HUeit-i, ier rafp. . : . .. s,
t Paints. Coal Oil, Etc,
WHITB tHAP Ton lots, Bo per lb,: 000 lb.
lots. 8c per lb,; less lots, go per lb. ; - .
Olb MKAIj Cartose lots, $;!0.00; less than
itnldoiid lots, 10 ir ton.
UNSKKO OIbKw. Mils.. 56c pee gal 1 Vet
tin boiled, bids.; DSe gal.: rsw cases, file; boiled,
eases, fl-lo sal.: lots of 2S0 sallous 1e
LU--mt kat-suawl-. $i4 Sas. taM! . . n . -
,TUlirl'.MlMii 111 cases, T.ic; wmd bsrmls,
Tih-i irou barrels, eoe ier gallou; 10 case lota,
DEALERS AND SHIPPERS
cilities for Investigation and supervis
ion of all commission transactions,
"Such a law would obviate the neces
sity of showing on all account sales tne
names and addresses of all cash and
credit customers and other Impractical
supposed-to-be safeguards which are
now being demanded in many states and
which would burden the conduct of the
business with a tremendous expense, us
well as congestion. -
"Such a law would raise ths commis
sion to ths plane on which it belongs,
because our function Is to afford a sat
isfactory and profitable market to the
producer, and a satisfactory and reason
able supply to the- hundred million con
sumers of this great country ' t j
'What line of business could bfl more
vital to the health, happiness and pros
perity of the wholn people than ours?
We convert the products of the- farm
into cash, pay ths carriers their portion,
attend to the physical delivery to the
retail channels of distribution and
promptly account and pay tha producer
the proceeds..,... -; - . :
"Such a law would protect us from
unfair and dishonest competition, insure
the establishment of equitable rates of
commission, would tend to classify the
business, enabling us to charge actual
and legitimate expenses of operation In
addition to a reasonable charge for our
professional service as salesman, and
otherwise place the conduct of the busi
ness on a sound business basis. .
'Without supervision the national
banks would be in the, same demoral
ised,', unsatisfactory- condition that our
buslnea i in. We know what the busi
ness needs for ; tho protection of all
interests concerned. Let us be the flr-H
commercial body of this great country
to voluntarily supply that need, thereby
establishing as the very foundation f
our business a. confidence that Is neces
sary for tho proper transaction of any
business." 7 -',
Trade Is Weaker und Stronger by
Turns; Kf forts to Sell at
lrlco Unsuccessful.
WHEAT C0SXTX08 GOOD
ft. touts, Mo., peb. 8 Modern Miller
ays 1 Ths longast and coldest spell of
weather this winter so fax - has not
eanssd damags to ths winter wheat, la
the principal producing, states as snow
covers most of these regions. Nebraska
is an exception, but no complaints have
coma from there, in other localities
where ths ground is hare, reports ars
satisfactory. ,
KOHEIOK WHEAT MARKETS
I.WrrpooI Wheat closed unchanged to i
loner.
BerlinWheat closed 4e lower.
Budapest Wheat closed 4c lower.
Antwerp-f-Whcat closed c higher for L
Plata and a lower for Kansas.
Buenos Ayres Wheat closed 's!!c higher,
Paris Wheat closed 4c lower.
' , WHKAT CARUOKS Ql'IET
London. Feb. 8. Wheat curgoes on pamnge
Steady and quiet.
l'lngllsh coiinlrjr markets eas.r.
French couutrjr markets quiet,
POltTLASP GUAIX RECEIPTS
MARKET FOR WHEAT IS
heat. Barlcy.Fbmr.Oata.Hay.
210 0 14 9 6
Vi X 5 r 4
51 .. 1 3 4
XI t l:l 4
-7 . 4 1 -1 1
5T 5 T it
f5 - 8 tl 8
47o . au 5:1 'M 2d
44T . . ."! 4T :w
Monday .......
Tuesda.T
Wednesday . . .
Thnrsdsy .....
Friday
Saturday
Year ago
Total tbi week
Tear ago.
Season to dule.,12,877
Year sko .'
IBi'O lifts
2ui mi
1072 12K
1123 2M20
The market for wheat is weak and
firm by turns locally. The buyers who
have liberal supplies and are therefore
most interested in keeping- up quota
tions are talking about higher figures
that others have been able to sell at.
One local buyer offered to sell a- big
California mill a round lot of club at
86 Vic a bushel f. 0. b. ship. This means
not more than 85c track basis and the
offer was refused. This is the actual
proof of the present market. What may
happen in the future none can state at
this time. Club bids for the day range
from 84c to 86c track basis. Some bus
iness is again passing at these figures.
For bluestem the market generally
ranges from 92c to 84e. The higher fig
ure is for the strong Big Bend stuff
and the lower quotation for the Walla
Walla district.
The grain bag market hag gone to an
established basis. Calcutta stock is be
ing offered here for July delivery at
9 He, or V4C less than the unstable
prices first quoted when the Indian
market began to advance. It is stated,
however, that the sltuattaa hi very firm
at this price.
Market for barley is showing more in.
quirles but the trade is still very slow.
There is no change in quotations.
Oats market is weaker with f reerer
offering by the country. '
WHEAT Producers' prices, track
basis: Club, 8486c: bluestem, 9294c;
red Russian. 83c; forty-fold, 86e; Turkey
red, 86c; Willamette valley, 86c.
BARLEY -r Producers prices, track
basis: Feed, $23.60; brewing, $25;
rolled, $26.60.
OATS Producers' prices, track basis:
No. 1 milling, $27.25; white, $26.6027
per ton.
FLOUR Selling price: Patent, $4.70;
Willamette valley, $4.70; local straight,
$3.8604.10; export, $3.833.96; bakers,
$4.604.75. '. r
HAY Producers' prices: Willamette
valley timothy, fancy ( ); ordinary,
$12 014: eastern Oregon-Idaho fancy
timothy, $1516; alfalfa, $U.5012;J
veicn ana osvib, iw'i vneeu, iivwu,
clover, $ 8(g) 9 per ton.
MILLSTUFF8 -Selling prices: Bran.
$21 (if 22; middlings, $2930; shorts, $23
24 per ton.
jQRAIN-JB AG S-No. 1 Calcutta. 9 c.
Sau Francisco Produce Market.
, . ; (Onlted Press Leased Wlr.V .
v San Francisco. Feb. $. Wheat (Hub?'
1.52 H 1.57 northern bluestem. 1.72 Vs
Sil.75: turkey red, 1.70(&1.75: red Rus
sian, 1.63 1.57 M; fortyfold, 1.60p
BA RLEY Oregon and" California.
J. 25W1.35; shipping and brewing, 1.374
1.M. (-,- -.
BUTTER Extras, 86c; firsts, 34c, ;
EaGS Extras. 25c: firsts, 23c; se
lect pullets, 23c. i -
CHEESE Oregon flats. 17c: Youne
America, - 18c; California, 12 V 18 Wm
Young America, 1618c. .
POTATOES'. Per Cental Oregon Bur.
banks, 90c(g$l. 10: River do, 60 ff 65c;
Salinas, $1.256)1.60 sweets, per . sack,
$lei.7S.-
ONIONS, Per Cental California sil
verskins, 40ft 65c; Australian, Sage 45c.
ORANGES. . Per Box Navels, stand
ard, $1.75(nv2: choice,-$22.25; fnncy.
iz.ov irostea, wvii,
Seattle Produce Market. -
. tXJnlted Press Leased Wire. y -
U.nHld IVn.l, L-l. fi E" . T ,
ranen. 80ffi31c; storage. 22&i25c. ..
BUTTER. .Washington creamer v.
firsts. 86c; city creamery. 37c: eastern.
3ie.
CHEESE Tillmook. 1818Hc' Youlu
Americas, 80c: Washington twins. 17 fi
18c; triplets, 18 Ho. ,
ONIONS Oregon. $1.W nep 'mmcI-
Walla Wslla. $1, f , ;,
l OTATOlJS $liril4.
OATS Eastern Washfpgtonr $31: Pu.
gvlHMWIVttr gS4rr
illU.li
HA V Ksstern Washfnt'fon timothv
!((( 20: wheat hay, $18; alfalfa,, Jlltf
i; mixed, fiiyia, euaw,
WOOL MARKET HAS A
WEAKER TONE OWING
STRIKE iF WORKERS
Garment laborers' Difficulty ltcsults
in Shaded Prices In the Kast; Sit
uation la tCtpected to Show Im
1 provenient !iter, 1 "
Tho strike of garment workers Is
having a weakening effect upon ' the
market for wool,-but tt Is generally but
lieved here that the resctlon will be
but momentary, and that better prices
will' prevail, -. - . . 1, -
The demand for woolens Is good, and
therefore the consumption will be fully
as good as previously . For that reason
the mills will-be forced to purchase
supplies. The stopping of the machin
ery by the -strike will therefore nican
nothing except that overtime work will
be necensary ufter the affair is settled
fcnd the demand for cloth picks tip. '
- The regulur correspondent of The
Journal wires the following from Bos
ton .,-. ' - '
"Wool sains have decreased material
Ij'i most of the Boston houses reporting
a quiet demand. As foreign primary
markets are closing, ' the center of
American Interest is being slowly trans
ferred to tho, west, The outlook is dis
tinctly .less eiirouragiu- than . at the
opening of the year. - -The change In
sentiment. Is attributed to the garment
workers' strike, whjch Is now in prog
rets here, -f -' - ", - .
'Borne bids submitted have been far
below the asking prices for desirable
wools. They have generally.' been re
jected, yet a disposition to make alight
concessions where ony valid reason whs
forthcoming hss been evident., .
"California wools sre still drseev.
the principal transactions for tho week
Doing lit sample lots or rive nags or so.
Kmall lots of baled scoured fall wools
have been moved on the basis of 40
45c for gray and 60e for the best white,
with average lots st 46$H7c."
Financial Markets Are All Ilcported
Quiet, but Some Pressure
" Is Shown.
New York,' Feb. 8. The news relative
to the Balkan situation consisted prin
cipally todsy of u report to the effect
that the British admiralty had decided
to send tho Mediterranean fleet to Turk
lnh waters aim that the Turkish coun
cil had taken the request to permit the
warshlos to pass throush the Darda
nelles under consideration. Advices
from Germany state that Berlin is pre
paring for decisive, developments, and on
the whole it appears that the Isrge
European powers are preparing to us
sume jfuch an attitude as will terminute
hostilities and force a resumption of
peace negotiations.
The stock tnarket was quiet, but ap
peared to possess considerable under
lying strength. Pressure is relatively
light and the trade Is disposed to the
belief that advancing tendencies will
become quite pronounced next. week. .,
. Range of New York prices furnished
by Overbeck Cooke Co., 216-217 Board
of Trade building, 1
DKtSC.UcTlON I UpeiilHIghl Low Bid
Amalgamated t'oiijier t'o.j 72
American Kuj., c..j 94
American Can, c :!-:!i
American Can, pf JIBo'fc
American Cotton Oil, e..l 51
Awerlraii Ijoeo,, c 1-ilU'Vi
American Pugar. c I'
American fSmeM, e. .... 7H,(,
711 Vi
64 v,
40
72 14
f4
125',
BOM,
Jli
-Ss
r4
12514
..1
"Mi
:to
!!
Anaconda Mining Co.... H7V,
HTSi
1IT4
H7 Vi,
Atchison, e. ,. ...1103
103 H
10!!
MtV
AtflilBoit, pf ,
Baltimore b Ohio, c...
Beet Sugar
Brooklyu Rapid Transit
Canadian Pacific, c
102
i'
102
102
IK
H7V4
111
2:ni'-s,liv,
2:v,
Central Leather, c...
Chi. k 0. W., c
Chi. ft G. W., pf
)H 25il 211
. 1 lll'i
III',
C, M. & St. P.
III"
iii'i
in, niw
C. t X. W., c
CbeKaprakn & Ohio...
ColoriHlo V. & I., c...
(kinsolidated Uas...
Com Products,
Itenvcr & It. 0., c...
Denver & K. pf...
Erie, c
Krle, 2d pf
Krle, 1st f
tieneral Electric
G. Northern, ore lauds.
G. Northern, pf
7S
m
WW
13
20
'si"
'is
l.ie
77
110
1.17
15
2014
iji"
'is"
77
IH1V4
JI17V,
in
. . . . f 4
31'
1117
15
20
!I7
.'tl
:
4N
141
:
12I'4
48
48
t 89,
.112!)
asti
I2S
! Illinois Ceutral
' Int. Hsrvesiei-
12s vi
11:114
194
e;i!4
11
2!4
urn
urn
27
im
41(4
r.2.
17
107
:
Int. Metropolilsu,
Int. Metropolitan,
ll'4
:iA
Ittlli
2
i;w"
27
41''
82 '4
17'
107
is
11:1 Mi
ii
2(1
i.w"
27
41 14
52H
ITT,
pf..
Lehlgti valley
Kansas City Southern. . .
Louisville Nashrllle. .
M St. P. . S. Si....
M., K. & T.,
M., K. k T., pf
Missouri Pnriflc
National lA-ad
Nesada Consolidated....
New Vork ''Central
N-. Y., O. ft W. ........
Norfolk & Western, c..
Northern Pacific, c. . . .
I. M. S. S. Co
Pennsylvania Hallway..
Heading, e.
Keadtug, 2d pf
Heading, 1M pf
Republic I. & S., e. ...
Hepubllc I. & S., pf . .
Ko-k Ilsnd, I-
Keck Island, pf
Ktl L. k S. V.. 2d pf....
Southern Pacific, v.....
Kouthern Railway, c..,.
Southern lialhvnv, pf...
Texas & Pacific
T., St. I.. .W., c. ...
Cnlon Pacific, c.
Vnloti Pacific. lf
C. S. Kilbber, r
V. 8. Steel Co., c
V. S. Steel Co., pf.....
Ctah Copper -
Virginia Chemical
Wabash, c.
102
I!!t
27 W
'4i4
r2'a
17?h
108
iiiiiU
10714
1414 !HJ4
1W
llttttUH'Vi
ss
1120
120
15'
'iV).
S7
43
s6v'
iaoii
"oiiii
120
10S
01
IMVl
27
X7
J
IT
27'i
lo4
27
S0
20
1214
11
sn4
7t,
MS
ltw'4
."34
34
1214
7214
7U
47
1U5
iSH
if"Ji
S7 j S74i
Jip
24
4:!
41
'mi
1
isi'is
lost;
KM?
tisiti
lOSIllltjVj
4 oavs
wariinii, pr.. is-'j
!2i
72 H
7.1
nil
32Vj
72i
711
52
W. . V. Telegraph r.t 1ZV4
Weatlughouse Klcctric . i-i
Wlscon-tln Cenlral, . . .t yt.C'
- Total sales KO.Wsj auiareaT
NORTHWEST BANK STATEMENT
PORTLAND BANKS.
Clearings
Saturday .
Friday -Thursday
,.
Wednesday
Tuesday . . .
Monday . , .
Week
tnis week.
..tl.73,fa.2Y
Year ago.
$l,434,89:Uf
: 1,698.099.44
1,689,486.84
1.891.609.6S
1.901, 158.78
2.255,387,46
10.681.614.)8
, . , .1,014,609,79 .
...1,017,438.90
., 1,67.X44.(I8
. , 1,801,99.66
.. 1,925,494.23
,.10,380.825.9 ;
Seattle Banks.
$1,628,329.00.
9144.32S.00.
Clearings
Balances
Money and Exchange.
London, Keb. 8. Consols 74 11-li.
Bank rate 5 per cent.
New York, Feb. Si Sterling; exchange
long 4.8. Sterling exchange short 4.88
. San Francisco, Feb. 8. sterling ex
change HO days 4.82. Sight 4.87. Doc.
4.82 1. Transfers teleg. 4 per cent prem
ium. Kight 2 per cent premium.
Xew
York Cotton Market.
Open. High. Low.
1164 1164 1164
1245 1247 1241
1226 1231 1223
1228 1225'1218
1206 1206 1303
Close.
1165nll66
1 246 W 1217
1230ftmt
li24vl225
1207W1209
U72lpll74
1165&II1166
U5W 1167
.Ian.
Mar.
May
July
Aug.
Sept.
Oct. .- .
Dev.
1165 1166 1161
1164 1164 1164
t Today's Metal Market."
New York. Feb, 8.- -Metal prices : Cop
perLake 14 bid. '
Bsr silver. New -York 62'4c, Iondon
!Sd. ' ,- -
Lead 4.25i4.3S. ' . - ,
dpellei'i 4.i'i 4 4.6 j..
Journal Want Ads trlng results, ,
FOREIGN POLITICS HOLD
LACK OF OUTLET IS
E OF A LOWER
PRICE IN HOG TRADE
Failure to F.llinlnato Competition of
Kastern Provisions Is Having Its
Effect Upon Price of Livestock in
the -Local Yards.
IN THS STOCSTASD8.
Voxth Portland Hoiral staadTi tons.
87.B0J cattle and sheep, steady,
OhJcaro Hotra. Bo tn Ina hl-rhavi tonS.
48.03; cattle and sheep, steady,
Kansas City Hogs, 10c higUeri tops,
97.9S; cattle ana sheep, firm.
- ','','.,'- ' '-' " '' ' :. '",,''-. i-,.'t;l-;
Bouts Omaha Hogg, 100 higher j tops,
97.73; no cattle and sheep offered.
PORTLAND LIVESTOCK RUN. '
- UogSi Cattle. Calves. Sheep.
Saturday ,,..197 -463 .. 297
Friday 372 245 " .. '. . . .
Thursday 488 7011 6 2237
Wednesday ,. 522 128 1' 480
Tuesday ..... 181 82 1 737
Monduy . . . . .1989 262 . S 2168
Week ag4 307 5 ,., 816
Year ago .. .. 219 ... 60
2 years ago . . ... '' 150 ... ....
racifio northwest hog producers are
begliinlug to feel the lack of a suitable
outlet for swlno products. Killers are
so full of hogs that 1 ne y aro not able
to take hold -of shipments coming for
ward except at extremely low prices.
While no hogs sold this morning beyond
$7.45, it Is believed that $7.00 could still
be realised for extreme' quality. Kven
this pclee would make North Portlsnd
by far tho lowest swine market in the
entire country, a londltlmi that is mtieli
out of line Willi that usually shown In
the local yards,
Kven the Missouri river market that
formerly furnished hundreds of carloads
of swine to Psclfle northwest puckers
each season, and which was then from
ibu to 11.10 per hundreds-pounds lower
than North Portland, is actually show
ing liberal sales at an advance of 2So
over extreme quotution noted here.
Other markets are beyond that.
At Chicago there was a firmer tone
In the hog trade for the day with an
advaneo of 66 to lOo over yesterday. All
previous records for tho season wern
broken there this morning when tops
went to 18.05. Run for the day was
13,000, compared with 22,000 a year ago.
Kansas City hog market was up a
dime above yesterday with extreme tops
at 17.96 tltis morning. The-Kaw river
yards showed a run of 1600 head for
the dny.
8011th Omaha hogs advanced to $7.76
this morning, prices being a dime above
those quoted yesterdsy.
IIok shippers today: J. !. Jackson,
Houset, Wash., 1 load; C. E. Luckey,
Canhy, 1 load.
North Portland hog market rsnge:
Best light $7.60
Medium light 7.4
Best heavy :. ......... 7.45
Rough and heavy . ., .- 6.60
Buy Cattle tn California.
Eighteen loads of cattle came forward
from California direct to local killers
today. Tliere were no cattle arrivals in
the yards today outside of the direct
shipments, therefore the market can be
considered nominal at previous prices.
Cattle shippers today; C, T. Carpen
ter, tilsson, CbI., 3 loads) George Farmer,
2 loads; Halle Bowman, 2 loads; J. C.
Mitchell, Gazelle, Cal 11 loads.
At. Chicago there was a steady tone
in' the cattle trade, with no change, in
prices. ' '
Kansas City cattle nwrket was firm
CAUS
FIRST NATIONAL BANK
CAPITAL $1,500,000 '
SURPLUS $900,0d0
OLDEST NATIONAL BANK WEST OF THE
ROCKY MOUNTAINS
tadd&TiltAOhBalk;
ESTABLISHED 1859
Capital Stock. - - $1,000,000.00 -
Surplus and Undivided. Prof iU $1,000,000.00
COMMERCIAL AND SAVINGS ACCOUNTS
Letters of credit, drafts and travelers' checks
issued, available in all parts of the world.
Corner Third and Washington Streets
SYNOPSIS OS THB AJTlffUAI. BTATBMEHT OP
THE BANKERS RESERVE LIFE COMPANY
OF OMAHA IN THK STATE OP NEBRASKA,
On th 31st. day of Decmnbpr, 1912,
nit; Diaic ui virfiuu, fuiBuaju tu law.
, . CAFITAZh
Amount of capital stock paid up.,... 100,000.00
... .. - - " ZWCOMS. -
Premiums received during the year..... JJ1,122,S-11. 42
Interest, dividends, and rents received during the year 166,890.40
Income from other sources received during the year, .. l,l?6.24
Total income ..... '. ............ (
DISBTTBSEMEKTS.
Paid for losses, endowments, annuities and surrender
values ....!..$ 25J.250.25
Dividends paid to policy holders during the year.,,...- 120,812.2k
Dividends paid on capital stock during be year...... 10,000.00
Commissions and salaries, paid during the year 224,864.71
Taxes, licenses, and fees paid during the year 22,786.80
Amount of all other expenditures. t. ....,.,.. 93,978.87
Total expenditures ,
ASSETS ' ,;K U; .'
Market value of bonds owned..
Loans on mortgages.....,.;.....,,..,,
Premium notes and policy loans. ,. .............
Cash, in banks and on hand :
Net uncollected and deferred premiums
Other assets (net) . ... ..';-.,. ... ..
Total assets
Total assets admitted in Oregon,.,.
UABIUTZXS.
Net, reserve s . i H . . . .
Total policy claims .................. .... .
All other liabilities., , ... i . , .
Total liabilities exclusive of capital
Total insurance in force December 31.
BUSINESS IN OBEO01C TOB THS TEA3L
Total risks written during the year. ...,,i4
tJross premiums received during tne-yar . .. ( . ,i . . VV- ' -'..;
Losses pti Ul during the year. .-....,.,.... i ,
i. itinnri iiivui i t-u uumms 111 3 -n 1 . , . . . .
Total amount of risks outstanding in
JHEJJANKERS--RESERVE4JFE-C0MPANV.
43tatitory general agent and attorney
' . . .
at umiinnned prices.-
Hmitli uiuuha lnni no coltlii offerings
toiJuV.
North Portland cattle range:
lleavv feed 4eeru I7.T&W7.80
Choice steers ; 7.63
common steers 1 . ... . v, . ' 7.6"
Spayed heifers t ............ . " -0
Fancy rows . ..1 , t , , , , :, ,T,.v 7.00(W7.26
Ordinary light cows..,. .. . ,6O40.
Fancy light calves.,,.; , . ;,;. a .'
Heavy calves ,. . .... , ;'. -00.6ir
Best bulls ..,..,T...;,..
OMllnarK bulls ., . . . ,-. 4.60 & 5-Bu
' . Ons Load of Sheep.
Only one load entered the market at
North Portland for the lay. It was of
ordinary quality, therefore no test Was
glve to top, stuff In the yards during
the day. ,.' ' " ,',;''
At Chicago there ws a' steady tone
In . the sheep . trade, with prices un
thansed ,'-,'! ';---'"' ': ''
Kansas C'ty sheep trstle was firm.
No sheep arrived at Pouth Omaha to
day. . '-.,''. '';i
North Portland sheep values:
Best Brain fed lambs. ......$ 7.25
Ordinary lamlis ............ 7.0007.16
Best yearlings , . ......
Ordinary yearlings .,. .Bitrg.l
Old wethers f.JOWS.H
Fancy ewes .. .,.,.(,.,...... -29StS?
Ordinary eows ... ... . - . . 1 . . .4.76 4.85
Baturdsy Morning Bli,
ttlS
Barer, ,Ne. Are. II. rjlee.
fnlci Meit Co." 1
' ' 1100$ '
Knnk I Hoiim '.; W. .
Frank U guiltli '..10 ; 1-7 '. 7.8s
Kr.i.k U Smith 3 o ( '6.80
CHICAGO HOGS REACH $8.05
-V--",",:,::' "'-'.''
Market Advances & to 10 Cents
. Again; Other IJnea Steady.
Chi'ago, Feb. 8. Hogs 13,000: year
ago. 22,000: left over, 2400 Market, 6c
to lOe higher Mixed and butchers,
17.7H&8.06; good end -'."?'. t$7.
J.02H: rough sn4 heavy, $7.667.80;
llgTtt, $7.808.05.s
Cattle 400; market, steady.
Bhcep 1500; market, steady.
KANSAS ; CITY jlOiJS $7.75
Dime Is Addetl lo romier Value;
Cattle Trade If Flrni. ---.',
'Kansas City. Feb. 8, Hons 1500;
market, 10c higher. Tops, $7.96.
, Cattle 400; market, firm.
Bheep none. . .--.:.
OMAHA HOGS AT $7.75
Further Advance of Dime Forced in
' Missouri Klver Yards.
South Omaha. Feb.' 8. Cattle none.
Hogs 8820; market 10c higher at
$7.66t7.76.
(Sheep None. -
San Francisco Grain Calls.
San Francisco, Feb. 8. Grain calls:
BARLKY.
Own. HI ah. T.ow. Close,
May ...... .12814 128i 1284:. 128H
Dee. .,....1284 128, 128 U j 128 V4
Wife of Belmont's Heir Sues. '
(Cnlted Press 'iMied W1r.
New York. Feb. 8. Claiming she re
ceived but- $60 for her support since
their' honeymoon In November,' 1912,
Mrs. Ethel Lorraine Belmont has filed
divorce papers against Raymond Bel
mont, heir of August Belmont, here to
day. Mrs. Belmont is a former chorus
girl. Young' Belmont is supposed to
be on a hunting trip in South Caro
lina. ..- .
S. P. Chief Surgeon Here.
Dr. F. K. Alnsworth, chief surgeon of
the Southern Pacific company, Is In the
city today on a tour of inspection. He
arrived here this morning In his hospital
car, which carries nurses and a large
assortment of equipment for the proper
handling ot emergency cases,-The car
Is at the yards of the Northern Pacific
Terminal company. ; -,.
made to the Insurance Commissioner f
....... .V;. ... ...
.fM,290,20S.06
t 724,693.1
. . .$1,971,654.24
. . .- 888.00O.0O
.... 682,098.27
... . 107.744.82
. .. , 20,154.09"
,v 32,664.75
S,702.215.67
. .2.890,165.V
19,000.00
.. 693,050.67
13.
702,2 S,
81.
,vj !,'-v:
stock -,
1912 ...
..$-
100.000.00 X 3.
602.315.
267,351.
42,32,
105,873,
13.0110.
67
89
J30,
001
10
o
00
so
. , . . .-, . . . . . ... . . .- . . , . . ... '-. ''-.
Oregon December' 3i I31S; v-$2,
Ift.BAO.
'09,289.
for service: . "'--'
- F, 1L WHITFIELD.
U'Liiln".
r,WIITOC:ilil
Calif ornfahs to Tramp to S:
ramcnto and Lobby fcr
'Right to Work" Bill.
(United Pimi r.nid Vtr
SarramentO, t'al., Feb, 8, Two vet. r
ans in the line of providing demons 1 1
Hons of unemployed men are compcti
In the gathering of armies of uuen
ployed to march on Sacramento ami pe
tition tne California lcglslaturn fur t
lief. The marshals are Carl Browne, a
lieutenant In Coxey's army when t he
march', was', .made-to Woshlngton, uu !
"Uougli-Neck" Teasdale.
Browne has a rlght-toiwork. tiill he
fore the legislature, the first paragraph
of which reads: 1 ;'"-
hTo eat, to work and io be ret om
pensed for .enforced Idleness Is herein
declared to be the inalienable right of
every man, woman and child in this
state."' . if 1 VA.-'-.-Cvi-.-.:'-, v'-':'.'
Teasduie's bill, whicii has been Intro
duced, provides that the state shall
Issue $20,000,000 in scrip, non-interest
bearing, which shall be used in em
ploying the unemployed In building pub
lic roads, " .. ,.v -:'.
Browne has announced that lila army
will leave San Francisco Sunday. Feb
ruary 16, and will march to Sacramento.
He will give out, food for the march.
CORPORATION TAX HELD
(United l'rei faitru Wlre-V
San Francisco, Feb. 8. Frank B. Kol
logg of St. Paul, once known to fame
as tho "government trust buster," suf
fered a setback In his new activities an
a' corporation lawyer today when Su
perior Judge Sturtevant det:lded againii
his client, the Pullman Paluee Car com
pany. In an effort to dodge the. Cali
fornia corporation tal i'v
With the Pnltman; company, the Pa
cific Gas & Electric company, the Bittu
of California and 57 other corporation
attacked the state law permitting the
taxation of foreign and domestic corpo
ration franchises. '-, '
The corporations contended that ttcir
gross earnings, instead of their, inter
state business was assessed, but Jtulg.;
Sturtevant upheld; the California law in
every Instance. ', "
1 Funeral of Rentha Ralley.
Funeral services for Reatha Naitm'
Bailey, 4 year old daughter of .Mr. 'ami
Mrs. Alex Bailey, of 801 Minnesota ave
nue, who died Thursday night of scarlet
fever, were held yesterday. - Interment
was in the Rose City cemetery. Owim.'
to the fact that he house was still under
quarantine, po services could e In. I !
there. V Rev. O. W. Westling. pastor of
the Swedish M. E, eliurch, of fldatea at
the services at the grave. .
Journal Want Ads bring results.
Produce Shippers I
VVaroiragjE
We are large Independent dealers
in veal.- hogs, poultry, eKgs, lniles,
not lelonging to any trust, combina
tion or association, and assure ship
pers market price and check by-return
mall. irrespective of what other
firms may be doing.' , Try shipping us.
F. II. SCIIMALZ & CO.
raid-vp Capital $10,000.
141-143 Front St., Portland, Oregon.
The street pavement
h a most important
factor in the upbuild
ing of cities
BARBER
ASPHALT
has, in every progres.
sive city through
out the country, and
under; the most ex
acting tests, demon
strated its durability
and economy. , .
TBAjrSPOTATI0W.
, V. X PRKSa STEAM E'RS FOIt
San Francisco and Los And :
. -k WITHOUT Ul ANti 15
SS BOSS City Sails 4 p. in., February 1
The 8n Tranoisco as forusnd . b.
Tioket Offloe 3d and Wash, (with u .
B. B M. Co.) Marshall 4500, a-g i n.
SAN 1-KANUSCO, JLOS XSUl I !
North Pacific S; S. Co.
C S. KOAXOKE and S. S.-UA)i
gall Kre'r Wednesday, ' sltrnstnl, ut e v
Ticket i office 1W-A Third St., ric.ir A .
., . phones Mult) lr.lej A -1311.
' MAUTI.V . tllSt.Sy. torn. ARnt.
' -: W. H, SUPHSKB. t'fl.-lit A.-i-t
COOti BAYLir
- Steamer Drca';v; '. tr
Balis' ft-m Aiiwwrtti: -lt lfriiM. .
ui., Nevewbrr W, i.Mrfn-r -
d.T MHlllS- St S U, IB. A'l'lifi.l
, tU.U-MliUwl 1, ...la . ..
Cl 10, tfruuil iu.m fi, i......
wtnUi Tk'kt nt't : ft Ah. - h ,, j
lua k t' Uy &li!liiUlp ti-.r. I, ...
lug, As-iiU
VALID BY STURTEVAUT