The Oregon daily journal. (Portland, Or.) 1902-1972, January 20, 1914, Page 12, Image 12

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    SOUTHWEST MARKETS ARE TAKING BETTER
EXTRA FANCY IS NOT
QUOTED SO HIGH IN
1 THE POTATO MARKET
Onljr Few Cars Were Purchased
At Extreme Figure When Buyer
Withdrew: i Good Business Shown
l
' With Arizona and Texas. .
j
4 I Today' rrodnc Trade.
d f Ksr market weaker.
d 1 Butter trade weak.
d I ' Cheese market firm.
O j Chicken prices steady.
4 Turkeys are lower.
4 ' Cabbage prices rise
d::. Tears being dumped.
! bmelt market demoralized.
i. ! '
' There is a slightly weaker - feeling
In the potato trade so far as former
extreme prices for extra fancy offer
ings are concerned. While a limited
amount of stuff wag purchased in
eastern Multnomah and Clackamas at
$1.05 to 91.10 per cental, nothing above
$1 Is availably at this time, and lew
dealers really care to pay above StOc
to 6c.
There was-a break generally in the
price of potatoes in Kan tranclsco
yesterday according to a special advice
received .by a local dealer, .who rtght
away began to reduce his btds. How
ever, press reports of the San Fran
cisco market fall to give any change
In the situation no far as the price is
C C 6 1 R fid
It now develops that tho recent ad
vance in the bids for extra fancy pota
toes here were' caused by a San Fran
cisco buyer who had received instruc
tion to purchase a certain number ot
cars but no price limit was given. This
is generally understood among the
trade to mean that former price
'vhould rule. However, thi buyer de
- elded to get these cars without delay,
ant) offered the advance to get them
more quickly. ; When these supplies
were secured he was entirely out of
tne market. , ,
There Is a rather fair demand for
potatoes from Arizona and. Texas, and
dealers here are paying from 70: to
75c a cental for good shipping stock.
shown iulte a fair Increase during
terent days. While there was a re
port that Texas was getting too many
. potatoes, this could not be confirmed
today.
EGG PRICES AUEr UNCHANGED
reported unchanged toViy, although
there were Indications of a rather se
vere break within the next 48 hours.
With Seattle quoting supplies below
Portland, this city has been cut out
of the northerh trade.
CHICKEN PRICES ARE STEADY
Steady prices are showing In the
chicken trade along Front street. While
there has been an increase in offer
ings, the market is Just about holding
its own, with ! fancy hens still com
manding 16c. a pound generally to
aay. . I
TURKEYS ARE NOT SELLING
Practically tio demand for turkeys
la shown in the wholesale trade. Quite
liberal supplies) have been received of
lsteand these; are still unsold. Sup
plies consist both of live and dressed
birds, the latter being quoted down
to 24e and the former down to 1819c
CABBAGE PRICES ARE HIGHER
Cabbage market prices are again
higher along the street. Real good
qualitv Is scarce and the best offer
ings are today commanding 2c a
pound. Borne ordinary stock Is selling
from $2.25 to 13.50 a cental.
SOME CALIFORNIA TOMATOES
A small sJTipment of California to
matoes . has reached the local market
and has found: a good sale at J1.75i
2.00 per crate: of four baskets. The
stock was in i rather good condition.
Cuban stock Still being offered.
SMELT MARKET DEMORALIZED
Market for Cowlitz river smlt Is
thoroughly demoralized, with sales of
held stock as low as 35c a box of SO
pounds. First -scjass stock is selling
from 60c to flOcwlth the bulk o the
business at the 'lower figures.
SHIPPERS' I WEATHER GUIDE
Weather bureani Bends the following
notice to shippers:
"Protect shipments as far north as
Seattle against minimum temperatures
' of about 34 degrees; northeast to Spo
kane. .22 degrees; southeast to Boise,
18 degrees: south to Ashland, 36 de
grees. Minimum temperature at Port
land tonight, aDout 3b aegrees.
JOBBING PRICES AT PORTLAND
'These prices sre those t which wholesaler!
setl 10 mium, i wi-ri'i n oinerwiae STStea:
BUTTE E Nominal Willamette valley iwim
err cubes, selling price, 28c; prints. 30c:
:: . i i . , , n.. . x-.. ... ' . t .
rvnm uiiiirr, . ..cw ct-ninuu prims JVC.
Kit itrMmm 3ftfft)n!2lLc
BOGS Selected- Candled local extras. 34
SCc; case count, fr2rrf;33c; pot buying price T.
o. t. rornsna .nic.
LIVE rOVLTKY Hens x6ll8ijc: springs,
- ' 16tieu,c: rtaira. lie; reee. 12c Pekln dnclin
1:1c: Indian Knnner. lOfullc: turkeys. IKfti
lc; dressed 24c; pigeons, old, fi.uo, roans
1.60 dosen: Jaesrahblt $1.80EU.7S.
CHEKSE Nominal. Kresb Oregon fancy fori
cream twina una iripieis, sic; daisies, 20gJ
xic; xoung America i .
Hona.i Wool and RMm.
. HOPS Bujins; price, cholo 21US22P-
yriHA, y., wuimiu w niui, 1V4C. DIM-
dinm 18c; 1914 contracts 16c lb.
. wnnl .nmlml 1 U I '1 1i Ml.....
: ley coarse Cotiwold, tttc in.; medium Bbrop-
i at lr, ITc; cnolcs fancy lot, 18c lb.; eastern
. Orecon lOfilOc, according to ahrlukaa-e.
CUITTIM OK UA8CAKA BARK 11)13. car
IOI. ftc; tm i una car niu, 1M,
MOHAIK 1913 Nominal HOC.
HlUKs Vtt bides, ittwzic il.: green, no
tic; aalted hides, 13c; bn'U. green aalt. 8&
lOe; klpa lc; calrea, drr. 23c; calf sklna,
. aalted or green, 18fe20c; green hide lc less
. man saneo ; sneep peiu, sailed, snearlnja.
, Fruit and VecaUhlaa.
BEltBIES Huckleberries, 8j;uc lb.; eran
berrlea, local, U412; eastern, JU.60ai2 bar-
reL
FBBSH PBC1TS Oranges, navals, t2.2S
lemon. i4.0O6iS.OO: limes 11. on nr ion
... ' vraDfrnlt. Florida. t5.fi0l3A.ot? nTnuuu.
- IvyKTc; grapes, fl.T5Q2.0O; persimmons!
1 aA, iw
A CrtlIlIi.Iwr-lHruilw, fi.w; Deeis, sl.UO;
carrots, 1. 00: parsnips, sack; cabbace
ii2.23; Cuban tomatoes, S4.00 per crate;
. green otuons, ooaen ouncnea: mn-
peca, irii, i-"-, iicuu n.-iiut.i!, e-zd crate:
' hot boaae let are fl.OO1.23 per box; celery.
v alltornia. $3.2S33.&0 per crate; egg plant
16c: cauliflower ." Uocal. Ilfdl.60 doa.: aril,
chokes, 11.65 doc; sprouts, 8lle; string
uvaua, ituiw, ruuw uvaus, X ic IB. peas,
-:, Mi 7c. .1
. ' ONIONS Jobbing price $3JKX8.TS; carload
sayiog price ao.im j.. o. o. wuppjng station
- a-arlle 12t15c lb. . m
AfPI.KS Hultafiiberg, $1.23f?150; Northern
Bpy, T5cl. 23; Jonathan 1.00100; Rhode
. ' Island Greening, $1.00tt.2S; Winter Bananas.
, 1.50Q2.60; Ortlu. li(KJ2.00; cooking grade
Oft . .
, HJTATOES Selling price: Extra choice,
. $1.13il.23; choice, (1.15; ordinary, $1.00 sack
boylnc price, carloada, 70c; extra faner. sort.
-"4. oe; ordinary, JSC cououy polnta; sweet.
per cwi. r, i -
-Keats. Fish and ProTiaioaa.
.'v iikuoiu iiaA i a oeiang price Coontry
: klUad;. Hogs, faucy. 10c; octUoary, bC;
PMC
E0F0NI0NSN0W
DANGEROUS
BUYERS
ARE NOT SO EAGER
Spokane and San Francisco Are Not
Taking Hold as Formerly; Most
Growers Said to Be Asking Fur
ther Rise In Prices Here.
While a few carloads of onions ara
reported being offered anoT sold by
growers of this section at $3 a cental.
It is stated that most of them are re
fusing to let go below $3.153.25 a
cental, country shipping points.
That the onion market is getting
Quito dangerous at the extreme quota
tions Is indicated by the refusal of
buyers in Spokane and San Francisco
to accept supplies at J3 Oregon country
points while a short time ago when
the price was at $2.75 everyone was
trying to get hold of a carload or two.
A mail advice from Kan Francisco
today stated that several carloads of
eastern onions have already been pur
chased by the trade of the Bay City
and would soon arrive. It was likewise
stated that if these supplies arrive
in satisfactory condition, rather heavy
supplies will be ordered. The eastern
onions can be landed in the California
and Puget Sound markets at practic
ally the same price as was announced
for Oregon supplies Saturday.
iLocally there is little interest in iVe
onion market. Prices are now so high
that there is only a limited demard.
On this account dealers are buying
sparingly. While it was reported some
time ago that Australian stock had
been purchased by local interests, t!-e
arrival of the foreign stock is so dis
tant that it will likely have no effect
upon the situation for home supplies.
New York Market Has Excellent
Tone During Last Half Hour
of Today's Trading.
New York. Jan. 20. At the closing
there was considerable strength and
generally higher prices for securities
today. During the last half hour of
the trading, the market was very
strong. Utah Copper advanced a full
point during that period or a fraction
more tor the entire session.
The unconfirmed renort that Presi-
dent Huerta was about to resign and
place tho Mexican government in the
nanas or a committee 'composed of
Mexican citizens, caused a sham ad
vance in Mexican Petrolium shares.
I he message of President Wilson is
not given much attention by the trade
generaly. It being of the opinion that
the good points have been fullv dis
counted by the recent advances.
Another 12,000,000 in gold bars have
been engaged for export to Paris. This
manes a total or J4.O00.U00 on the pres
ent movement.
Pan fi' ft Of Ww VnpV nrlni fiimlsloil
by Overbeck & Cooke Co.. 216-217
poarq or iraae ouiia i n g.
DESCRIPTION'
IQpen jHlghl Low I Close
Amal. Copper Co
75 hi,
63"
75 M
33 '4
34
74
34 ti
75
47 V,
33 Mi
4U
34
105
084
Am. Car & Foundry, c
Am. Can. c
Am. Cotton Oil, c...
Am. !.oco., c
Am. HtiKar, c
Am. Smelt, c .
34 Vl
84
67
"3
Am. -Tel. & Tel
111 Vt
:
08
3
86 H
121
Anaconda Mining Co..
35 Vj
35
Atcnlsnn, c
B. & O., c
Beet Huicar
Bethlehem Steel, c. . .
06
3H
97
03
26
36
212
B. R. T
Canadian -Pacific, e. .
Central Leather, c
Chi. & G. W.. c
so rt
uo
21214
21314 211
iW 2',i
26 1
13
144! 134! 13
104. il2Siil03-a
C. j. & St. Paul...
Chi. & North., c
Chlno Copper
Chesapeake St Ohio....
C. F. & I., e
Colo. Southern, c
Corn Products, e
103H
13314 133 133.
1114
H'' HI W3
5V; 63H! 64
32 8214 a2t
40
65
1 33 134 'A I m
133
11
17
30
146
128
25
108
15
153
26
W
13SV
22
28
154
76
92
28 14
11 111: 11
3oU''30i'36i4
i. K. U., c . ...
Erie,- c
General Electric
146 146 145
Great Northern, pfd..
I212xaf, 121-Ti
ice recurmeu
Illinois Central
lint
15
153V4
28
57
139 H
IDS 'KKS
15M.I 15
153 S 152
26) 26 M,
62 57
13Uto!13H
22 '4 ! 22
29 2St4
16 15.
Int. Met., c
Lettish aller
K. C. Southern
Mexican Petroleum.
Louis. & Nasb
M.. K. & T., c
22 to
28l,4
15
Mo. Pacific
Neyads Consolidated..
ew Haven
76V. 76T4 76Vi
Neur York Central .
92 92 91
N. Y-, O. & W"
N. A W.. c
104 i4t04 i4103
103 to
Northern Pacific,
c.imto:ii.-ito!ii2ii:to
...I 27 ! 27 I 2toi 2(
P. M. S. Co
Penn. Hallway
113
113
112 '113
jl22 to
31 31
23! 24
34 94T,
25 25
P. U., L.. & C. Co..
P. S. C. c
32
24
94
R. 1. S.. c
24
95
Southern Pacific, c...
Southern Kailway, . . .
26
26
I iuou Pacific, c
U. S. Rubber, c
C. S. Steel Co.. pM..
V. S. Steel Co., rfd..
Utah Copper
Virginia Chemical
Wabash, c
158:159 158";158
OH ,iw !. 1 oH 09
3 63 I 62 I 03
109 1MtojliU ;18
51! 53 51
62
32 32 32
.-.2
34
61
68
45
W. V. T
West. Electric
Wis. Cen.. c
59 i 62 1 59
68 I 68f 68
Total sales 350.500 shares.
Money 2 per cent.
Ex. Dlv. 3 per cent.
Ex." BIT. 2 per cent,
Fanners Baying Sacks.
Walla Walla. Wash.. Jan. 20. Farm
era throughout the southeastern Wash
ington wheat belt are purchasing bags
for their 1914 wheat crop, it being es
timated that rhore than 3,000,000 bags
have been purchased to date. The first
purchases were made three weeks ago
at a price of $82 a thousand, f. o. b. the
coast. Since that time the price of
Dags nas aroppea bdoui -a tnou-
sand.
rough and heavy, 9c; fancy Teals, 1414c
ordinary 13ai3c; poor, 010e; lambs, 10c
muttou, 8c; goats, 2fc4c.
HAMS. BACON, ETC. Cams, 18Q19c
breakfast bacon, 19.27 c; boiled ham, 29c"
picnics, 15c; cottage ( ).
MEATS Packing house Steers, No. 1 stock
13c, cowa. No. 1 stock, 12c; ewes, 9c; wethl
era 10c; lambs, 12c; pork loins, 18c; dressed
hogs, 13c.
OIBlttta euoaiwsier Bey, per gallon ( )
per 100 lb. sack ( ); Olympla, per gallon!
8.80; per 100 lb. aack (1; canned eastern
56c can; f6.SO dosen; eastern, In shell, 1.75a
2.00 per 100; rasor clama, 2.ooQ2.25 box-
fBBlcru "J "'c'. nuuu paca, Sd.UU
K1SH Nominal. Dressed flounders, 7c- hal
ibut. 610c; striped baas, 17c; allTeralde sal
mon 9c; steelbeads, 11c; alibut, 104112c- n.
luuiuia Duit.t, iv.7i. r auriujpst 12HC
perch 8c lb.; lobsters, 80c lb.; black baas, lOc
slWer smelt, 7c; shad ( ; black cod. 8c
LUES 7a- . wvw.v., o
LAUD Tierces, 12c; compound, tierces.
CRABS Large. H-60; medium, f doaen.
8CGAB Cube, 5.a0; powdered, 15.10- frnlt
or berry. 84.90; beet, 84.70; dry kranulated.
84 90; U yellow, 84.HO. I A bo re yuotaUous are
DLt Va flrnslt svhlta mS a
8toc
lilCE Japan style. No. 1, BQSic: N
nnKET Kn. S3 9X6t.ll KO
"w'"-" . . I r11 cue,
SALT Coarse, half grounds. 10u lin
too; Wa, f 10.76: tobW dairy. oOaTliVT $j
117.50; bales, $2.25: tra flno barrels 2m
li and loa, SaJ52e.OO; lump rock" 82050
Paints and Oils.
- r Tvsrrcn on Raw hhi. m .. ....
tla boiled, bbU., 83c; raw cases, 86c; boiled
cues, c gsl.; lots of 250 gallons ic lea?
ell cake meal, 844 per too. '
WHITE LEAD Ton lots, 8c per lb.: 600 lb
lots 8c per lb.: tow lota. tV? per It.
OIL MEAL Carload lots, 834.
TlinPir.NTIXK In r-mmm
1 . - , .v, wwv iwrrexab
70c; iron barrels, ttJc per gallon.
STRENGTH AT CLOSING
CANADIAN CATTLE SCARE WILL HAVE A
PERMANENT EFFECT UPON TRADE HERE
Weakening Influence Is Only Temporary Affair and as Soon as the
Surplus Is Out of the Way Market Will Probably Do
Better; Total Supplies Show Shortage.
By Hjman II. Cohen.
The extreme weakness tHat has been
shown in We cattle market for some
days is causing alarm among some In
terests of the interior. It is very un
fortunate that such a condition could
exist at; this time of the year when
It takes bo much money to put cattle
In prime condition, but the fact re
mains the market is not only extreme
ly weak and low priced but. unnatur
ally sluggish for this time of the
year.
There is much blame in this matter
that can be safely attached to Puget
Sound killers who have purchased quite
liberally of Canadian cattle of late
date. Temporarily they have forced
the market into a deep rut from which
it will be hard to extract the trade.
The ultimate position of the market
for cattle is Just as sound today as
it was when tops were selling' at (8
or better. There is jlist as great a
shortage in the country as then; the
only difference being that the amount
of stuff that has come to market has
increased.
While it is not likely that cattle
prices will rule much higher than pre
vious to the downfall of the market
recently, thre is sure to be a reaction
unless weather conditions are such
that receipts continue liberal and de
mand limited.
With the Ienten season not far
away, there will naturally be some hes
itation among killers to stock up with
supplies. Seemingly it would be a
very good investment for them to pur
chase cittle at low prices and hold
them for an advance, but the cost of
IS
IN BAD SHAPE HERE
('utting of Prices at This Time
Does Little if Any Good; Too
Much Foreign Stock.
The market for creamery butter la
in bad shape. Owing to the huge sup
plies of Australian and New Zealand
stock being offered at all coast polnt3,
prices are dragging.
The drop to 30c a pound for first
class prints by Willamette valley
creameries yesterday, which was tho
outcome of a decline to 32Hc by city
makers earlier in the day, left the
market In even worse shape than be
fore. While there has been more or less
talk that all city creameries had cut
tr.eir quotations to 30c a pound, threo
of the leading local makers deny that
tney. are selling Deiow 3.'toc. tne Drtce
established yesterday morning.
That little good will result from the
present bad break In butter prices here
and that further sharp price slashes
may be forced, is the conclusion
reached Dy the trade generally. Too
much foreign stock has arrived re
cently and far more is on the way, to
give the market here a chance with
out competition. It will be some time
Derore tne lorelgn stocK is worked off
and until then the trade here Is sure
to sag.
WHEAT SHOWS REACTION
Chicago Market Closes Fraction Off
for May and Unchanged for
July for the Day.
Chicago, 111.. Jan. 20. Closlnir
prices were He under yesterday for
May and unchanged for July option in
tne wneat pit today. The market
opened with a fairly bullish tone. May
showing an advance of c. while the
juiy was up vc.
Broomhall cabled from Llvernool
that wheat was higher on some outside
speculative support and an improved
spot demand. It is extremely cold
weather throughout Europe, and some
complaints of insufficient snow cover
ing in parts.
fcurouean visible snows an increase
of 2.672.000 bnshels. Foreign crop
summary is not so favorable, owing
to coia weatner and lack or snow in
France, Germany and Hungary.
Range of Chicago prices furnished
by Overbeck & Cooke Co., 216-217
Board of Trade building: ,
WHKAT.
Month Open. Hljh. Low. Close.
May 8J 02 01 91 A
July KT n; 87 S7&
CORN.
May 66 5, 65 65 A
July U.1 05 644 64 B
OATS.
May .: 30 3 39 39 B
July :K 3fl 38 38
TORK.
Jan : 2170 A
May , v 2187 2190 2175 2180
LARD.
Jan 1110
May H37 1140 1132 1132 B
July 1142
RIBS.
Jan 1157
May 1177 1180 1167 1170
July . 1182
Money and Exchange.
London, Jan. 20. Consols, 73?4d;
silver, 26 7-1 6d; bank. rate. 4H per
cent.
New York, Jan. 20. SterMng ex
change, long. J4.84V4; hort, 4.87H;
silver bullion, 57 Mc.
San Francisco, Cal., Jan. 29. Ster
ling exchange, 60 days, $4.82; sight,
$4.86; documentary. $4.824; transfers,
telegraphic, bVi per cent premium;
sight, 2 per cent premium.
San Francisco Barley Calls.
San Francisco, Jaa. 20. Barley calls:
Jan. 19 Jan. 20
. Close Open Close
May' 125H 125V4 125
July 118 117 117
New York Cotton Market.
OPEN HIGH LOW CLOSE
Jan 1240 1244 1240 1244-4
Mar 1260 1268 .1257 12S5-4
May ...1240 1246 1237 1245-4S
JUly ..1233 1241 1232 1240-41
Aug 1221 1221 1214 1220-22
Sep. 1180 1185 1180 1180-11
Oct. 1174 1175 1169 1175-7?
NORTHWEST BANK STATEMENT
Portland Banks,
Clearings This week. Tear ago.
Tuesday ..$1,570,340.90 $1.T7.74.7
Monday ...... 2,523.240.74 3.302,116.78
Week to date $4,003,587.64 $4,076,880.86
Seattle Banks..
Clearings
Balances
.21.947.405.00
. 174314.00
Knights at The Dalles,
The Dalles, Or.. Jan. 20. Knights of
Pythias hall was the scene of a meet
ing of local K. of .P.. members last
night, the occasion being the official
visii or Fran B. Grant, grand chan
cellor of the order. Mr.' Grant deliv
ered an address. - - - .
MARKET
SUPPWES OF POTATOES HERE
keeping them in killers' pens Is so
much greater than they can be kept at
home, that all of the benefits derived
from purchasing them at a low price
would disappear.
It is a number of months from this
time until grass cattle can possibly
enter the market. XIntll then there are
likely to be various periods wherein
supplies of cattle will be at a famine
stage. During such intervals there Is
no doubt that extreme values will be
forced.
Those that look for far better values
on average trading during the remain
der of the present season are very
likely to become disappointed. A good
advance Is likely that will bring val
ues to the former high mark or frac
tionally above it, but far beyond that
range .would simply mean that the
average consumer would be compelled
to forego the eating of meat alto
gether. At the present time the meat
trade is being curtailed by the great
numbers of smelt that are being
caus-ht in the Cowlitz and for which
extremely low prices are ruling.
Those that have excellent quality
cattle need have ho fear of price re
sults for the future of the present sea
son. There has been and is always a
good demand for extreme quality. lit
tle of this has been offered recently,
therefore It would be extremely hard
to tell what the price would be.
With the present rush of Canadian
cattle to market over, it is not likely
that there will be much offering from
there within the immediate future. The
lack of feed was the only cause of the
present rush to sell.
LATE CUTTING HAY
Second and Third, Crop of Alfalfa
Scarce and in Demand; Wheat
Generally Has Firm Tone.
WHEAT CARGOES STEADY.
London. Jan. 20. Wheat cargoes on pasa
age quiet bnt ateady.
English country markets steady.
French country markets firm.
PORTLAND GRAIN RECEIPTS.
-Cars-
Wheat.Barley.F1our.Oats.Ha.T.
Monday - 65 8 24 7 17
Tuesday 39 .... 8 2
Year ago 83 8 2 3 3
Beason to. date.12.28l 173 1884 1284 1740
Year ago ...12,060 1687 1256 1140 132tf
FOREIGN WHEAT MARKETS.
LlTerpel Wheat closed d higher.
Berlin Wheat closed Me lower.
Buenos Ay res Wheat closed 4e higher.
There continues a rather slow tone
In the hay trade, with the exception
of second and third cutting alfalfa.
"While there is plenty of first cutting
and prices are rather weak for offer
ings, a scarcity of latter harvesting
is shown and values are firm. For
other varieties of hay there Is little
activity indicated by tne home trade
at present and no changes are shown
in quotations.
The market for wheat, while firm.
Is showing no further .price changes
since she advance of lc announced In
these reports yesterday. Some of the
leading" buyers say they are not offer
ing above oc ror ciud. but there
seems, to be a sufficient amount of
business available at so to establish
the quotation there so far as sellers
are concerned.
Coarse grains continue auiet and
generally neglected.
While strenuous eirorts are still be
ing made to force the price of patent
riour nigner, quotations remain sta
tionary. wheat producers' prices, track
basis: Club, 86 87c; milling bluestem,
96 97c: fortyfold. 87 88c: red Rus
sian and hybrids, 84 85c; valley. 87
BBC
OATS Buvlne nrlce: No. 1 white.
feed, $2525.50; gray, $24.6025 per
ton.
BARLEY Nominal producers' nrices.
track basis: Feed, $24; brewing. $25;
rolled, $24.50 per ton.
FLO UK selling price: Patent, $4.50
4.60; Willamette valley. $4.60: local
straight. $4; export. $3.65 3.80; bak
ers', $4.404.60.
HA1 Producers' Prices: Willamette
valley timothy, fancy, $13.6014; east
ern Oregon-Idaho fancy timothy, $16
$16.50; alfalfa. $1S13.50; vetch and
oats, $11; clover, J909.1O per ton.
Mibiisitrf s selling price: Bran,
$21.5022; middlings, $30.5031.00;
shorts. $23.50 24 per ton.
ULOVliK skeu Buying price: No.
1 red, country points, 12c; alslke, 14c.
KANSAS CITY HOGS HIGHER
New High Mark Reached at $8.50
in the Yards Today.
Kansas City, Jan. 2u. Hogs, 16,000;
market 10c higher. Tops, $8.50.
Cattle 7000; market steady.
Sheep 8000; market strong.
CHICAGO HOGS SELL AT 8.$60
Market Hits New High Record;
Other Lines Strong.
Chicago. Jan. 20. Hogs, 25.000; mar.
kef 5c higher. Mixed, $8.258.60;
heavy, $8.408.60; rough. $8.158.35;
light. $8.250 8.50.
Cattle 4500: market strong.
Sheep 14,000; market strong.
UNION AGENT ROBBED
OF STRIKE RELIEF FUND
Wheeling, W. Va., Jan. 20. A pas
eenger in a sleeping car on the Bal
timore & Ohio railroad's New York
St. Louis flyer, James Rodda, an offi
cial of the United Mine Workers, was
robbed last night of union documents
and relief funds for striking miners
in the West Virginia coal fields.
Rodda asserted that he recognized
the bandit as a private detective hith
erto employed by West Virginia mine
owners. He added that he believed
the man cared less for his money than
for the papers he had with him. which
he described as Important reports
concerning the West Virginia strike
situation which he was to have taken
to the miners' convention in Indiana
polis.
RAILROAD COMPANIES
LOOKING FOR -LUMBER
T a com a. Wash., Jan. 20. Inquiries
for lumber said, to total In the neigh
borhood of 100,000,000 feet, to be used
for car siding and general car materi
al purposes, have been received by lo
cal mills and lumber agencies from
eastern car companies, and lumber
men today predicted the speedy let
ting of car building contracts by some
of the big railroad, feystems. The in
quiries thus far seem to concern trie
Harriman lines, and Union Pacific In
particular. .
SHOWS
STRONG TONE
LOCAL HOGS, DOLLAR
TOO LP IF EASTERN
PRICE IS CONSIDERED
North Portland Prices Are 55 Cents
Below Chicago When They Are
Usually That Much Higher; Cat
tle Depression Is Severe.
Todays Ho; Market.
tops
Chicago $8.60
Kansas City 8.60
South Omaha 8.45
North Portland 8.05
Denver 8.45
PORTLAND LIVESTOCK RUN.
Hogs. Cattle. Calres. Sheep,
Tueday 74 2o
Mf-nday 189T 545 j S3i9
Scturday 205 ... 2
Friday 1497 lrt5 .. 2182
Thursday s !1 .. 29
Wednesday Ms 2a4 .. 68
Week ago 1217 733
Year ago 169 5 .. 84
2 years ago 435 1 ....
There were no fresh arrivals for the
market at North Portland today. Total
arrivals were but one load and this
was shipped in by Hugh Cummings,
the regular buyer of the Union Meat
company, at Corvaltis.
The position of the hog market here,
sad to relate, is still one of the poor
est in the entire country. The rut
into which the. local market has fallen
is so deep that all efforts to force
hisher figures consistent with what is
happening elsewhere, have failed.
The highest market in the east to
day stands at $8.60 or 66c above the
extreme figure here. As a general
rule the North Portland market is that
much above anything in the east,
therefore compared with the normal
standing of the trade here, prevailing
prices are over $1 too low.
At the moment there aeems to be
no hope for any material Improvement
m tne price or swine here, unless kill
ers out of the goodness in their
hearts decide to give country inter
ests more for their product. So far
as the general market is concerned,
there Is absolutely no need of buyers
digging down into their pockets to
give higher prices for swine. They
are already getting all the hogs they
need, in fact practically every one has
a surplus at this time. Hinther nrices
are generally given only to stimulate
an increased puddIv but a further in
crease in offerings at this time would
likely wreck the already low price
shown here.
At Chicago there was a strong tone
In the hog market for the day, values
being a nickel better than yesterday.
Kansas City hog market was strong'
today at an advance of a dime.
South Omaha hog prices were ad-
vancea anotner nickel this morning.
General hoe market range:
Too killers $ 8.05
Good and light 7.95W8.00
Heavy . 7.8507.90
Rough and heavy 6.75 7.00
Cattle Extremely Weak.
The situation In the cattle market
continues of very weak character.
hile there were no additional offer
ing in the local yards reported in over
night, so much stuff has been held
over that there is not the slightest
likelihood of a shortage of offerings
here, even tnougn notmng comes ror
ward for several weeks.
The extreme weakness in which the
cattle market here has fallen is indi
cated by the sale late yesterday after
noon of several lots of first class stuff
that had been fed on grain for a period
of 120 days, at $7.60. Therefore it is
easy to see what ordinary hay fed
stuff will sell at in competition with
this superb aualitv.
At Chicago there was a strong tone
ror cattle tooay.
Kansas city cattle market was
steady at yesterday's quotations.
south Omaha cattle market was
strong at an advance of a dime for the
aay.
General cattle market:
Best grain fed steers. . . .
Ordinary grain fed steers
Best hay fed steers
, .$7.507.60
.. 7.3507.40
,. 7.30(ft:7.35
, . 6.50(3)6.50
6.75
6.70
6.25
, . 6.60ffli5.65
foor steers
Best heifers . . .
Best cows
Medium cows . .
Poor cows
Ordinary bulls
Fancy bulls . . .
Prime neavy . .
Best calves
, . 4.004.60
6.50
, . 6.507.5O
9.00
Sheep Market Continues Good.
While there were no additional sun
plies of mutton to offer on the North
Portland market for the day, the situa
tion is very strong. Recent sales in
the local yards have Indicated an in
creased demand for mutton products
here and killers are taking hold of
greater sullies than ever before.
At Chicago there was a strong tone
in tne sneep market tor tne day,
Kansas City sheep market ruled
strong at former prices.
soujh omaha sheep market was
strong. iOjtlSc higher today.
General mutton market range
Best lambs $ 6.7r
Yearling lambs 6.755.1i5
Old wethers 6.255.5o
Fancy ewes 4.50 fa 4.75
Ordinary ewes 3.004.50
Monday Afternoon Sales.
STEERS
Section
Idaho . . .
Ici.ho ...
Idaho ...
Idtiho ...
Oregon .
Orpfton
Idaho ...
Oregon
Oregon
Idaho . . .
Oregon
Oregon
Oregon
Idaho ...
Idaho . . .
Idaho . . .
Idaho . . .
Oregon .
Or-gon .
Oregon
Oregon
Oregon
Oregon
Oregon .
Oregon .
Oregon '
Oregon .
Oregon
Oregon
Oregon
Idaho . . .
No. At. lhs. Price.
25 im f7.A0
27 1477 7.60
'M 1142 7.60
2fl 1170 7.60
S 7.60
25 1410 7.60
23 121." 7.40
19 12.V) 7.25
5 1.11 7. IS
4 115.'( 6.75
2ft 12T 6.6T.
16 lfiW 6.I0
3 1J47 6.60
R) 6.5t
, 4 SOD 6.S5
4 05 6.00
COWS.
7 1233 l.3o
10S4 H.:to
HI 090 6.25
, 31 1124 6.00
t n.iiii
, 8 .1166 5.25
1 15.H 4.50
1 1171 3.50
CALVES.
1 270 $8.50
BULLS.
1 160 $5.50
1 m 5.40
LA MUX.
!HO S3 $6.75
130 77 6.65
125 59 6.65
238 86 6.50
Overbeck & Cooke Co.
Stocks, Bonds, Oottom, Grata. Etc
316-217 Board of Trade Building-.
DIRECT PRIVATE WIRES
TO ALL EXCHANGES
Members Chicago Board of Trade.
Correspondents of Logan & Bryan,
Chicago. New York.
j. C. Wilson & Co.
MEW YORK STOCK EXCHANGE
NEW YORK COTTON EXCHANGE
CHICAGO BOARD OF TRADE
THE STOCK AND BOND EXCHANGE
SAN FRANCISCO
PORTLAND OFFICE
869 Oak Bt, Oronad Floor, Xowls Bid.
Faoaes Marshall 4120. aU87.
ROUTE OF CONN
ECTING
LINK IN CARLINE IS UP
Protestants Against Halsey
Street Present Arguments
to Support Contention,
Contending that the proposed cross-
town carline should not be routed
dewn Halsey street after leaving the
Eat Twenty-eighth street bridge, in
terested property owners, appeared be
fore Will H. Daly, commissioner ' of
public utilities. this morning with
various arguments. Half of the Pro
testants were women.
Sentiment In favor and amlnst th
proposed roihlng is fairly well divided
according to Commissioner Daly, who
has a petition containing the signa
tures of people, owners of 720 feet of
property on Halsey street from Kast
i wenty-elghth to East Twenty-fourth.
Just what recommendations Commis
sioner Daly will make to the council
In regard to the proposed routing is
not knOwn, although before he recom
mended that the line go down Halsey
to I wenty-rourth. He expect to liav
a full report ready within a few day.
in connection with the proposed
crosstown line a committee from the
fc-ast Thirty-third Street Improvement
club appeared before Commissioner
Daly yesterday asking that he require
tne company to construct a line from
East Twenty-fourth and Broadway to
East Thlrty-third and thence on East
Thirty-third to Fremont. .
Commissioner Daly referred them to
the state rsllroad commission, pointing
out that the city, under the recent
ruling of Judge Bean of the federal
court, had no Jurisdiction.
EXTENSION TO BE CONSIDERED
Ponrth Street Proposition Is Tp
Before Commissioner.
To learn the attitude of th in
regard to the nronosed Ttninn nt
Fourth street southward to the cltv
limits. David S. T. Stearns, represent
ing the Fourth Street Improvement
association, appeared before Robert G.
Pleck. commissioner of public works.
this morn Inc. Fourth t. kn.i....
men are very desirous of having the
Biioei upenea us enure length.
It has been planned to have the
street opened for traffic along the
Southern Pacific Railroad company's
ngni oi way in Houtn Portland, thence
to the citV limits Onmmt.
Dieck promised to consider the matter
and asked Mr. Stearns to make a for
mal aemana on the city for action by
the council.
WORK FOR NEEDY ON
THE PACIFIC HIGHWAY
(Special to TTis Journal.)
Ashland. Or Jan. 30. Judge Ton
velle has announced that the convict
camp which was talked of for the
Pacific highway, will be abandoned
and that Instead vagrants will be sen
tenced to work on the road. Family
men in the county who have not been
supporting their families, will also be
set to work on the highway and their
wages will be naid tn thmtr
Work on a sub-contract for clearing
iiMiiiiiriitrB mil week.
HOQA
Waahlngton 12 IKS tT.W
!" 63 1ST 7.80
P"" , 4 1T1 7.B0
Ilho M . m 7 2R
Oregon 16 116 7 2S
Washington i2 SI5 T25
California S4 235 7 10
California 88 243 7 15
Oregon ft S70 7.00
Jdho 187 6 en
Idaho J 807 6.90
Waahingtoo 1 40 6.60
Oregon 12s' 81 $8.80
WETHERS.
Ore goo loo 9a $6.65
xuasosy Morning Balsa.
STEERS.
Section No. A. lbs. Price.
Oregon 1 1020 $6.50
Oregon 3 713 g.T8
COWS.
Oregon 1 1080 $4-M
OMAHA LIVESTOCK BOOMING
Cattle 10c. Hogs 5c and Sheep 10
to 15c Higher n Yards..
South Omaha, Jan. 20. Cattle 5600;
market strong. lOn hiarher Steers.
$8.308.90; cows and heifers. $6.25
7.75. w
Hogs 18,000; market opened 6c
higher; closed dull at $8.1G8.46.
Sheep 8000; market strong to 10 3)
15c higher.- Yearlings, $6.40 ft 6.90;
wethers. $5.50ig5.90; lambs, $7,850
8.10; ewes, $5.00g5.60.
DEXVER HOGS ARE ADVANCED
Tops Rple at $8.43 Today; Cattle
Situation Is Strong.
Denver, Colo., Jan. 20. Hogs, 1600;
market higher, at $8.4008.45.
Cattle 1500; market strong. Fteers.
$6.00ft8.&a; cows and heifers. SS.00&
7.25.
Sheen 600: market steady. Year
lings, $6. 25a6. 75; wethers. J5.&05 6 00;
ewes. $4.255.00; lambs. $.7oi 7 50
BEFORE COMMISSIONER
OUR CENTRAL LOCATION
is an important factor to our patrons.
The convenience and saving of time must appeal to every
business man.
Prompt attention, courteous treatment, superior facilities
and accessibility of officers. A high-class service in every
department at the command of every customer.
4 Interest Paid on Savings Deposits
Merchants National Bank
Under Government Supervision.
Founded 1886.
Ladd & Tilton Bank
Eitablished 1859
CAPITAL $ 1 ,000,000.00,
SURPLUS $1,000,000.00
COMMERCIAL AND SAVINGS ACCOUNTS
Letter of Credit, Drafts and Travelers' Checks
Issued, Available in 'All Parts of the World.
Corner Third and Washington Street
SCHWERIN IS CALLED
t
ASF
Head of Pacific Mail May Be
Prosecuted if Found
Culpable.
U nited Treaa LeaseJ Wire 1
San Francisco. Jan. 20. n. P.
Schwrrin. (-e president and general
manager of the Tactric Mail Steam
ship company, was schedule tn Ik.
tify this afternoon before the federal!
grand jury. He will be called wheni
tl.at DOdy meets late today.
Srhwerin vtn Ka awifi . . i
"... - ....... v. .', i , i an i- .
.w. 1 1 ,. . ... - ... . . . I
. v.. i unnm utsiween oiriciais or
his company, certain former customs
officials and the Western Fuel de
fendants, to defraud the government.
Government Prosecutor Theodore
Roche announced that h would inform
Sr-hwerin that whatever testimony he
may give will not render him immune
from prosecution, if it is found that
he has been culpable.
FARRELL CALLED EAST
TO CONFER ON BUDGET
President J. D. Farrrll. of the O -W.
R. & N. company, today is on his
way to New York city to confer with
fhairman Lovett and the board of di
rectors of tho Union Pacific system
regarding the $5,500,000 appropriation
asked for in the company's budget.
The budget was sent to New York
several weeks ago evfter a long series
of conferences among the officials. De
velopment of numerous projects was
contemplated In the estimate, which
was more than $1,000,000 In excess of
the 1913 budget.
President Farrell stated shortly be
fore his departure that he believed
most of the sum asked for would be
granted. Improvements to existing
properties and new engines and cars
are Included, though It waa -decided to
leave out provision for the Condon
Fossil and the Pilot Rock-Ukiah
branch line projects. The line to Olym
pla Is to be built If the budget la ap
proved, though it was said that con
struction on this may not begin this
year.
GIRLS ADD $10 TO THE
HUMANE SOCIETY FUND
President Robert Tucker of the Ore
gon Humane society yesterday received
$10 In pennies and nickels from three
little girls, Elisabeth Kerr. Frances
Mathews and Marlon Cat 1 In, who live
on Portland Heights.
Impressed by the cruelty of drivers
on the steep hills leading- to the
Heights, they decided to do something
to help. After consultation they de
cided to give a circus. Later they
gave a play, to which other children
and grown-ups were invited. The ad
mission was 6 cents, programs 1 cent
and refreshments S cents.
From the two entertainments they
netted 110. which they presented In
person to President Tucker In his of
fice in tho Wilcox building. Mrs.
James B. Kerr, mother of one of the
little girls, accompanied them. All
three youngsters were very happy over
the results of their efforts.
$3 a Year
Can you afford to
take the risk of letting
valuable papers re
main unprotected,
when they can be
kept in a safe deposit
box at a cost of less
than 1 cent a day?
Security
Safe Deposit
Company
5th and Morrison Sts.
Hi
RAUD
WITNESS
Washington and Fourth Streets.
TRAXSPOP'ATION
STEAMSHIP
Sails Direct for
SAN FRANCISCO; LOS ANGELES
AND SAN DIEGO
TOMORROW
Wednesday, January 2l,2::Xl P. M.
SAN FRANCISCO, . PORTLAND &
LOS ANGELES STEAMSHIP CO.
(With Denver & Rio Grand R. R.)
FRANK BOULAM, Agent
124 Third Street $A-4598, Main 28
I w uajfv? South seas
fUTIXI FII-SIOITES ilNr-QUlClLST TIKE
Splendid Steamer- Llfds 100 A-l ( 10.000 tons
lisp.) of tydrtay ihort Uns sailing every two veekv
(110 HONOLULU SYDNEY $300
Sydney Round Trip Second Class. $200.
Various tours including Java. China, JaMn tfl4
Round the World. Bend for folder.
OCEANIC . S. CO, $71 stark St SAN FRANCISCO
Steamer Service
STEA.1CEB K4.BSAX.O Leaves
Portland. Ash Street Dock,
daily except Saturday at :00
P. M. Arrives JAstoria :0 A. M.
Leaves Astoria dally except Sun
day at 8:00 A. M. Arrives Port
land 6:00 P. M.,
Make reservations Ash Rtreet
Dock or City Ticket Office,
3d and Washington,
Phones Marshall 00. A-6121
TO
BAH rXAHCXSCO,, Z.OB AJTaiI.18
ASS IAV DIXQO.
S. S. YUCATAN
vYI-;pNF.BrAV, ?AX SI. 6 P. M.
COOS BAT An rUaVEXA
S. S. ALLIANCE
THVRSDA Y. JAN. II. 6PM
HOSTB FACZna STEAMSKX? CO.
122 imUll STBEET.
Phonss-i-Maln and A-1314.
San Francisco and Los Angeles
summ BTmAMKMm fos
bo. ziswx nans p. m., jan. at,
88. Beaver Bails 4 p. m., Jan, 26.
The Baa Franciseo Portland 8. B. Go.
Ticket Office 3d and Wash., (with O -W.
M. ft IT. Co.) Mak-ahaU 4600, A-6iai.
COOS BAY LINE
Steamship Breakwater
Bills from Alnortl "4x-s, Portlsnd, st
p. m.. eery Tuesday areolar. Freight rs
celred until 12 o'clock '(Dnoo) n salllus dar.
Paaaeocer fare: Flnt duaa, 1; second rlaaa
(men only), $7, lueludiu lrth and mesla.
Ticket office at Lower. Alnaworth dork. Port.
! land i'oos liar Slraisnblp Line. l'bot
1 Main MOO: A-2&S2. L. 11. KfMuf. Aa-eet.
AT Wilson Auotionj Hoiinp, 18 1st St.
Special auction sele 10 a. ra.- tomor
row. :
T
AJXOXS
Auction Sale
346 Clay St West, Wednes
day. Jan. 21st, at 10 a. m.
' We will sell the'tntfre furnlshlnars
of 7 rooms, consisting of fi hole malle
able ranKe. 2 very line Hii'-k heatinn
; stoves 1 HiK)sler kitchen cabinet, prin
i cess and quarter sawed oak dreniters.
Vernls Martin lrorv and folding; beds,
mattresses, springs. 'HeddlnK. nigs, car
pets, chairs, dining table, cooking uten
sils. ulKlies In factLtlie complete fur
nishings of the liciOKe will be sold
without renerve. Bell Auction Co.
J. A. UXAXOW Auotionser.
NEW TODAY
j 1RV1NGT0N HOME
I New modern seven, room house, four
; bedrooms, sleeping porch and bresk
I fust room, oak floors? bookcases, Dutch
kitchen fireplace an4 furnace; Kit SOx
100. Only 15RA0; HOOD down end 123
! j;er month. On Twenty-second.
i ZADOW & FARMER
I 414 CQTbett Bldf. A-1416. Marshall 97.
Mortgage Loans
6 to 7 Per Cent
H. E. MOONEY
Main 210. oom;ai ralllnr Bldr
Title & Trust Company
ronrth and Qak Streets.
Mortgage Loans
We laajca BullOinr Xoans.
CITY AND' FARM LOANS
$1000 aad up at jowest rttM.
ZADOW & FARMER
414 Oorbett Bldf. A-1418. Marshall 92.
Money to Loan on Real Estate
MORGAN & i - PECKHAM
Railway Eaeaasr
FEAREY BROS.
We Buy .Notes
24S Salmon St. -Main 3389. A-1773.
CLASSIFIKI JLU KATES
In efft () !; '1. 19ja.
ALL I'RKVIOI K HATKH A EMEU
lAKiKI AbVKttTISKMtNTS
or H'lixJa jr.
1'i rnt ler ird )ief Insertion.
Tbl rnars: ' 'ur dslf1-atlr. k
lr.s ' tor llnl In lrlt Vamlly." "Bmm
Board la Private K.Dilljt ' "Hltaatt-w Want
sd" and ' Wanted lu Kent'' ads., wulrfe are
ly mnti n-r word pr Insortlun.
So ad rbard fr ! than IS cents.
1A8H AbVKUT!KMKNT
14 -rntfr word f'r all laasl first loos
exrriittbc far Rent Is ' Private .famllr."
"K,m and Board In fr)t rsoilljr." "Sit
uation Wanted ' snd " Waited to Ksst" sds.
Bl-b are I V cents ir stord.
Ttar'-e losertW.ix for tfcsV rt1"s of two.
!irrn inrtlon for the- Jwiee of ftr.
No Rd tMken tor lei-n ttn 1. rents.
KKAIi KSTATK TKAXHFEIW
Ibttsl. U4- HiHi ti V. A. lstU.
lot 1. Lik s. My!- - sffkiittou..... tTft
iriu b. Huron ami Di'einnn ro
.ft
EY
SIB
rirnsr n si. wi vivr jv i sir
CContiaa! on Jfext ar)