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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Nov. 9, 1914)
10 THE OREGON DAILY JOURNAL, PORTLAND. MONDAY EVENING, NOVEMBER 9, 1914. C HIGHER PRICES FOR FLOUR ARE LIKELY TO BE! FORCED HEREjCRITlCISIYI EXPECTED POTATO MARKET IS yEAKER AND LOWER; HOME TRADE QUIET Shipment From , Idaho Cease Be f" ; cause) the Ixcal Section Is Offer ing Much More '.Freely, f 1 Is the Extreme Price for Today. PATENT FLOUR IS LIKELY TO RISE TO " $6 PER BARREL HERE Market Very Strong and Further Advance Is Necessary, Say Mill ers, on Account of the Higher Costf of ( Wheat In the Country. Further weakness Is showing for potatoes in the local market and the extreme price in "the. wholesale market today wu 1 a cental. Even .this tirte - was reported shaded for fair sized lots of best Quality, with ordi nary stock .being- freely, offered down to ( per cental. Offering's of potatoes from the home Section continue to show ,an increase. The result Is that with no outside demand except f Or an occasional car of something: tra select for Han J-Yaneisco shipment,' tire wants of the horns trade are belns; over-supplied. . Idaho - continues to ft f er potatoes In the local markets-hut so far as known tne trade has made no recent purchases from there, because of the more tree offering from the home territory. , m Better quality and more favorable sizes are now coming from the home action, and at this' time there Is prac tically no need of outside stock, even for tne better class trade. LOCAL BUTTER PRICE STEADY n -''situation In the local butter market la holding steady, with prices gener ally maintained. There la no burden some surplus noted here and the trade la still anticipating a higher price In stead of lower one. CHEESE MARKET HOLDS FIRM J Market for cheese la showing more activity. Stocks are getting quite well cleaned up of the former surplus Owing to the fopt and mouth disease In the east, it la not likely that any "Wisconsin stock will be Drought to ' the coast. ECO TRADE IS HOLDING WELL Market for eggs Is holding rather - wHI along Front street, with fresh fctock at 45c a dozen. Receiver are able to secure this price for their entire holdtnga of extras. Additional carload lota of eastern "Aprils are re ports in and selling to Jobbers around ' 27c. KKNNKWICK CRAPE JUICE FN A liberal shipment of grapejulce haa been received here from Kenne wlck and was being offered by the trade today at $4.26 for quarts, $4.76 for pints and $5 per case for splits. HONEY MARKET IS LOWERED - With much more liberal supplies of- - ferine-, the market for honey la quoted weaker, and lower along the street. While occasional sal?s of No. 1 white may be rrfade at $2.75, the bulk of this quaUty Is at $2.50 for full combs. LAST CAR OF VALENCIAS IN - - What Is believed o be the last car Of 'Valencia orangea to come In this direction this season has atarted from the south, and will be quoted generally '' at $3.60 a caae. Navels are expected to be offering th last of the month. POKTtAND GBAIX RECEIPTS -Cars- ; WheatBsrley.Klr. Oats. Hay. Monday .... 221 18 30 38 11 Year age.. ....... 112 1 28 If 22 Kraaoa to date... 8216 77 10R7 1020 82,1 Ytar ago. ...... .TI10 1287 7 602 1133 That,a further advance will be madi in the price of patent flour all through the Pacific northwest at an early date, was the general opinion of the trade , today. There is every likeli hood, say some or the leaders, that patent will go to IS within a very short time. . With the recent advances for wheat millers say that a further rise in patent Is .not only necessary but prov able. , Market for export flour is alow in the orient according to local mill in terests. Wheat market showa further strength in the . interior with pur chases of club reported as high as $1.14 with fortyfold purchase aa high as $1.16 1.17. These values are out of line with values obtainable for car goes abroad; due to the extreme high nrlfn nf tMmiira and sailers. Coarse grains are quiet but general ly rirm in price. , -. CLOVER ; SEED Buying price; Nominal No: 1 recleaned. 130 14e;.ordl- nary, 11 12c pound; alslke, lc pound. . KLOU R-Selling price; Patent. $5.Rd; Willamette valley, $5.80; local straight, $4.80; export straight, $4.60; cutoff. $4.o; bakers, &.60 s.oo. HAY New croD. buying price: Wll lamette valley timothy, fancy. SIS; eastern Oregon-Idaho fancy timothy, $14. 76016.00: alfalfa. $13.50: vetch and oats, $9.00 10.00; clover. $8 per ton. ' ' GRAIN BAGS Nominal; No. l-al- eutta, $8.250 8.60. Wheat bids were c lower today with the exception of club, which ad vanced a similar amount on the Mer chant Exchange today. There was a aale of 16,000 bushels of club at $1.14 and 6000 December bluestem at $1.20 per bushel. Oats market was weaker on the ex change with 'bids 60c a ton off and a similar loss was shown for both feed and brewing barley. Millstuff bids were unchanged at Saturday's figures. For futures, prices ranged as fol lows on the exchange: Wheat December, fortyfold. $1.17 bid; December bluestem, 11.19 bid; red Russian, $1.09Vfc bid, $1.10 ask. Oats December $30 ask. Millstuffs Shorts, December. $23 bid. Official Merchants Exchange price: i WHEAT Monday Bid Ask. $1.1T $1.19 Edited by Hyman H. Cohen. PAY FOR FARMERS- IS RATHER LOW IN THE UNITED STATES High Prices for Food Products Do Not Always Mean That. Fanners Are Operating a 3Ilnt; Few Are Really Successful Financially. APPLE SITUATION ABROAD STILL SHOWS LOW QUOTATIONS Situation Is Improved Only as Re- - gards Output; Home Demand la Better; Foreign Trade in Pears - Is Showing Somewhat Better. CATTLE MARKET IS SHARPLY HIGHER IN - . N. PORTLAND YARD Situation Is - Very Strong With a Limited Supply of Steers as High as f 7.15 This Morning; Mutton Market is Looking Better. - OF BRITISH HANDLING OF' FLE: AND ARMY v .... .- - f - ; Parliament to Reconvene Wednesday1 and ' Conscrip- tion Will Be 'Advocated; LOCAL 'BUSINESS NEWS A careful study by government ex perts in regard to the profits made by a large number of farmers In different parts of the United States shows that the else of the. farm business Is one of tne most important factors controll ing the farmer's Income. The problem nf hn larsre an investment is needed in order to carry on a certain type of farming to advantage is of the utmost importance. The amount of his invest ment will vary according to the typo of farming and to the region selected. In a survey of over 100 farms in an Irrigated district in Utah, only three farm nwnftrs. with 1ms than $10,000 total capital, received a labor Income! of more than $1000 for their year's work. By labor Income in this case is meant what remains of the net in come after deducting 8 per cent for invested, capital and working capital; in other words, what tbe farmer him self receives for his year s wort and supervision. In a group of 35 of these men, who had small farms and an average capi tal of $5345. the average labor income wag $235. One out of every five re ceived nothing for his labor and made less than b per cent interest on his farm investment. With high-priced land, this amount of capital gave him too small an area to utilize to advan tage. If land were cheaper, so that a much larger area could be obtained with this same amount of money, then $10,000 might be a sufficient invest ment to giv the farmer a substantial income. In the central states, where corn, wheat and oats are the prevailing crops, and where land is from $150 to $250 an acre, $10,000 would be en tirely too small an investment to yield the owner a good Income, for the rea son that 40 to 50 acres the total amount of land he could possibly buy with- this amount of money would not utilize his teams, machinery or labor to the fullest advantage. on the other nana, the numuer or acres Is not always a true measure, as a big business can be conducted on a s trial 1 area; 20 acres or truck: and small fruits may eaual a 200 acre farm devoted to grain, nay, cattle and hogs, While there Is an improvement noted In the pear situation abroad, the apple market reflects only a fair tone at ex tremely low prices with little! lndfca tion of any material improvement for some time. Locally there is la . Bight improvement In the call for apples but prices are stationary at the extreme low mark for the season. I Regarding the foreign situation. W. Dennis & Sons, operating 'In London, Liverpool and Glasgow, reported from Covent Garden market. London, un der date of October 23 aa follows: "In London the bulk of the cargo ex. eg. "Minnetonka" was offered for sale on. Wednesday last. , There were some 6000 barrels of apples and pears, in about equal proportions; 15,000 cases of apples and 6000 boxes ahd - half boxes of pears. , i "There is a distinctly better feeling for Keiffer pears, prices for Virginian stocks ranged from 16s to ' 18s, and Hudson river stock from 13s; to 16s 6d. These prices show a decided ad vance over last week, and we antici pate still better prices In the hear fu ture for good stock. Poor fruit, how ever, will do no good on this market. A narcel of boxes of Oregon! Winter Nells pears was sold ex- this boat and we realized for the large; sizes a price -of 15s per box; and lor the larger counts from 18a down to 10s. i accord ing to size. These prices we fully ex pect will maintain themselves ' for the present, but the quality of this fruit was not up to -the standard we have learned to expectfrom this '.district, and we could doubtless have drawn better prices had these pears shown up as well as formerly. i As regards barreled apples, there is a large cargo of .Nova Scotian apples on as. "Rappahanock" now due, con sisting of some 30,000 barrels. Apart Saturday Bid. Aak. $1.18 Sl.ls 1.17 1.18 Blacstem KnrtTfold ...... 1.16 1.19 Club 1.14 1.13 1.13H K. Russian..... 1.Q8 l.lO l.OBH R. Fife 1.10 1.13 1.10V4 OATS Feed $28.50 29.50 29.00 29 JO BABL.BY 1.15 1.1 1.12 reed ... Brewing Bran ... Bhorta . , ...24.00 , 25.50 ...25.00 26.00 MILLSTUFFS ...22.00 22.75 ...22.75 23.6 24.50 25.50 22.00 22.73 23.50 23 AO 22.9B 2o.qo Willamette' valley wheat naoallf lc abeve tne un. fry, ease lota,' Mtte; leaa tLaa eaie lots, Hc WP1THPR VfmrV I bui a. hi no. 1, roruaaa aeuvery. EGGS Nearly, rreahly lathered. 43c; can dled, local eztraa, white, 42Vte; ease count, buying t. o: b. Portland, 40c; eastern "freah," 37?; Chtnea. 16 18c doien. , LIVE POULTRY Hena. 12ai2Ue: broiler. llHe; ducka. Pekin, 13c: colored, 12c; tur kera. 1517Vie; dreaced, 2022c; ptceona, $1 tjl.za; aiiuaM, i.Jai.J ooaea; gaea. 10c. jack UABiuis-aanc7 oreaaeo, fl.sou SlflPPERS 1 Weather bureau sends the following . . t . . i . "Protect shinments as far north as -Seattle against minimum temperatures of about 4 degrees; northeast to Spo kane, 28 degrees; southeast to Boise, 2i decrees: south to Ashland. 38 de grees. Minimum temperature at Port- I $2 doaen. land tonight, about 48 degrees. '' JOCBIXQ PRICES OP PORTLAND ! J .r ' Tbeaa price are those at which wholesaler sail to retallera. eicept aa etherwla atattd: BUTTKR Nominal Willamette valley ereaav err, enbea, aelllna price, 2Bi30c; atate printa, soaS2c: ranch butter, lfS?2oe: city cream- - ' I ' ' ' C I TRANSPORTATION 0 Steamer Servi ice t.iMif kwa wirr.aiT nrrr.rTix leaves Ash-Street dock dally ex. cspt Sunday, 8 P. M. for Astoria and way points; returning, leaves Astoria dally except Sunday. 7 A, M. . f Tlcketa and reservations at O-W. R. st N. City Ticket Office, Third and Washington streets; or at Asb-8tret dock. Phone: Mar- Shall 4500, A-6121. . CHltKSK Nominal. Freah Orecon. fancy fall cream twins ana triplet. iDttvioc; xoang America. iD)tanc. Oroeerlea, SUGAR Cube, $0.15; powdered, $6.03; frnlt er oerry, ajm; Deer, eo.ou: ary granulated. $5.80; It yellow, $4.aa (Above quotation axe V nay a uei caan.) RICit Japan style. No. 1, 585e; New urieana, neaa, otetoc; ueoie, oc. HONEY New. o.2S(rtAJH) ncr eaiw. BEANS Small t white, 514c; Urge white. 44c; pink, 4c; Uaua. 8V4c; bayoo, 5c; red. Ike. BaLT Ooara. half arouoda. 100a. sio ner ton; ova, fiv.io uow oairy, ova, iua, $17.50: bales. $2.25: extra fine barrel. 2s. 5a and 10s, $3.254t0.00; lump reek, 12JjQ ir ton. , Frnlt and Vegetables. FRESH FRUIT Uranae. $3.0003.25: ba. I nana. SkS4c ID.: leuMuia, 4.&Oi3.SO: 11 fl.uu per iuu; crapeiroii. n.ouveo per rare liinaapptea, c pouna: csntaioape, iyLU watermelon. OOcQl.OO: eaaabas. II. OO vrmt pears, 7bcaflJo; ioaay grape. 1.00(&1.10 crate. ' . APPLES Local. ooc15 box, according to quality. VkUfaVTABLES Turnip, $1.25; beets. $1.60: carrot. $1.26; parsnips, $11.23 ssck; cab bac, 75ctol-00; tomatoes, Callfonua, 90e$l lr lug; local.' 40c wer box; (reen onions, 10 jl5e per dosen bunches; pepper, bell. 40 aVfec; head lettuce. 75c dosen; celery, otjuc doieu; eg ( plant, 7c; cauliflower, 25j4tic dosen; French artichokes, tk473e- doa; string tesna, oqyici racumiiecv, noiaoaK euc; oat PORTLAND LIVESTOCK BUN Hogs. Cattle. Calves. Sheep. 423 .... - lois Monday 4034 Saturday 302 .... rriaajr ........... 519 m Thursday ....... 184 77 Wednesday ...... T2 9 Tuesday 181 23 Week ago,.... 223 227 Tear ago........ .2203 534 Two years age... 799 047 Three years ago. , 430 622 S 2- "it 5 2 4 . 316 320 12:15 2:; 1750 S539 166 1546 'Much strength was "shown In the cattle situation at. North Portland at the opening of the weefs trade. Values for the day , were from 16c . to 26c higher than similar quality sold at last week, there being some business in the steer division at $7.15 for tops this morning. f.- ; . -There was 'only a small run of cattle reported in the yards this morn Ing, although totals were far- better than last Monday. Owing, to the presence of foot and mouth disease at Glendlve. Mont., some fears are expressed here that the local market may be affected. Chi cago is still closed on this' account, no receipts or quotations being shown there in any line of livestock. At Omaha there was a firmer tone generally for . cattie. with values lOu to 15c better generally, although tops in the steer division remain at $10.60. General cattle market range ADMIRALTY IS CENSURED Bank Sees Immediate Prospects Ahead fi , proved Business,; Federal Reserve Plan tined to Relieve the Financial Situation. w r lm- Des- i Li Si i CLEARINGS; SHOW A MARKED INCREASE ' -l - ' ' T v v ci In Its regular , monthly, letter, the i try at large outside of New i rjrk City. ? Merchants National bank says of theTh percentage of loss for tfse ttanief improved financial situation: I 5 J. te" nwnths ort-191 4 waJ approximately inv same axj lor in ? Vorta Sea Xalds Aronss ' Country ; jOerman Claim That Tarmouth Was , Bombarded Zs Coatradlotsd. By Ed Tj. Seen. London. Nov. 9. The British." govern ment's . handling of the war situation promised today to come In for severe criticism In Jarliament when the law makers reconvene Wednesday. Members who were already begin ning to arrive for the session found fault in particular with the censorship, declaring that the dearth of news from the front had rendered the public indifferent to the struggle on the con tinent and prevented enlistments. r Many . asserted that conscription must be resorted to, or the recruiting system be radically altered. They favored the publication of plenty of Improved financial situation Many favorable "conditions arid hope ful signs may well be counted among the immediate prospects for improved business eonaltions. No matter what political faith we may hold,, the fact inat ne Domical results of November country at large. KifUr-three per-cent of thw clearing fCittea between tne hLjswseippi ? ana i ne hock y mountains me house river grain section showed" lnci satsea in their clearings for . Beptemher, while 8, were, largely of one general trend but 15 per cent of the cities 4? the 12th should indicate that thosie who have grievances against tne powers politi cal that be have expressed them to the best of their power. With their griev ance off their minds they will look upon general conditions more cheer fully. Whether a change' in politics will produce more-favorable conditions the future will de-o.ido. A working understanding has been I compared with last year. in i n "fween "r ?wn nnanciers. Better Apple OuUook. cciOi,lWClTt UH UtD CtilU VUG I resentatives of the British eoverffment L Wlth the crest of the ap for rnoninr th. .nu .,a... i'h.n'w passea ana a period o nw f e, v,i ia I dented apple consumDtion oT, r ""..j.",;:: I IJnlted States at low value J , uiumc IIHSt. VKVU ftVU LCU. i 119 I J; , I l. .ioo,ooof000 fund af Ottawa will be ,L,.Vir federal reserve district, anr? none In tne south Atlantic states sc-pwea in creases. The bank clearings for CK-tober for Portland show a erattf vlhK Increase over September of over 5,000.000. , For the same period SeattUishoWs J slight gain and Sn.okane, arif Tacoma a loss. All these cities regii&pr a loss f harvest i unorece oven the mere is n debtsdnes. t. Knii01;?; value, have been sVverely af-ted tKis win be the mdfif IfeuldatlB? ou? season y an unnatural lkcklff keeping ft ohlisratloJ- nnT. : ZLaJZtnt. Vi-i quality,-due to unparalleled ciimatio- suca h themtnTO slat lns. , This preventedte, fnUt , I If' 1(1 DHCK. UlblQlU. IV WAB Selected steers Oood to prime . Good to choice Ordinary to fair ' Best cows ...... Good to prime . . Ordinary Selected calves . Fancy bulls from these, arrivals this: week are j Ordinary lleht- There are. however, large sup plies of boxes of aDDles on the! market. Prices realized show no improvement at present. : j There are large quantities of Cali fornia, n Newtowns on the market, and in view of Jhis the prices we were able I to obtain, viz: 6s 6d and 6s, ! we are justified . in regarding as a good re sult. There were cars of Idaho and , .$7.007.16 6.50 6.75 , ... 6.75 6.25 , ... 6.00 06.10 5.65 6. 85 .... 5.25 6.50 . 8.00 . ... 6.255.60 4.00 4.25 news of fighting, tbe publj display of i f " responsibility of its obligations, troorm martial music anda resort to wU1 ni5 compelled to liquidate them troops, martial music ana a resort to Jn such a way tnat Ug own financlai every other conceivable means of stir- avBtem win heroma dmnniiiii ring up patriotic enthusiasm. The war office's policy, however, was t,i i . . f . r .. . iirnm nemc win ue tusen care or as oeiween me i m..- ,.m n two countries. The.Unlted States, the iSSeh srreater volume than:i irSuM debtor nation.;. while, recogni.iag. the hvrmtl,v?iu the situation was avoided i by the growers' cooperative movem nt which ? was given its greatest test. , ,xppr ui system will become demoralized. The domestic financial situation is easing up with tlfa solution of the censured to nothing like the extent . problems that have confronted us sine mer were very nice in. appearance anu made from 6s to 7s per box. Tbe wasn ineton stocks were not so good either as to appearance or quality, i and re alized only from 4s 6d for the large sized apples to 6s for the smaller. report. Keiffer It Is the type of farming that deter-1 Washington Jonathans sold, the for mines tne numeer or acres necessary for efficient operation. Many persons have made the mistake or buying too high rriced land for successful gen eral, farming. In other words, they paid truck-tarming prices ror iana which, on account or market relations, should be used for only grain and gen eral farming. The proportion or tne Jtotai invest ment that should be used as working capital is equally as Important as size of investment. Generally speaking. about 76 to 88 per cent of the farmer's Investment is in real -estate, the other 12 to 25 per' cent being in livestock and other equipment. This proportion win vary according to tne type or farming followed. In . regions where dairying is the main enterprise, the amount of working capital may repre sent one rourth oi tne enure investment. A third point in the consideration of the farmer's investment is tbe quality of material In which Working capital Is invested. This is especially true in retard to livestock. Investigations re lating to profits In farming show con clusively that the efficiency of the animals to which the crops are fed is one of the most important ractors in determining the farmer's net Income. This is to be expected, since on many farms in this country the bulk of the crops is in reality sold to the dairy herd or to meat-producing animals. Ir these are of such ooor quality that they yield low returns for their fead. the income to tne farmer must be cor respondingly small. Hence, no matter how large the total investment, tr tne quality of the equipment Is deficient, tinanciai taiiure i inevitable. Better Bon of ROffsj. There was a better run of hoes in the local yards today; in fact, arrivals over Sunday were far fereater than the totals of last week. Hogs sold -this morning at substan tially th-i same values as the closing of last week, there being no change shown in sentiment. Killers were early bidders for. swine in the local yards for the day, and this helped to maintain the price. At Kansas city there was a better feeling in the hog trade with an ad vance of a dime in the price.' Omaha hog market was very strong today, with prices 10c to 15c better than Saturday. Tops at $7.65. General hog market range: Best light 7.10 Medium light 4 7.0007.05 Good and heavy-"! i 6.6006.76 Rough and heavy . 6.05 6.25 Sheep Bitnatloa Stronger. Situation in the sneep and lamb trade is somewhat stronger at North Portland. There was a more limited run than expected over Sunday and buying began somewhat earlier than usual this morning. Tops In the lamb siderlng the superiority of the British over the kaiser's navy, it was declared that the German North sea raids and the destruction of Admiral Craddock's squadron in the Pacific were nothing short of humiliating, and it was strong ly urged that the fleet take the offen sive Immediately. The German claim that Yarmouth was bombarded was. Indeed, denied at the admiralty, but it was admitted that German cruisers had approached close to the English coast. In general there was a strong de mand that there be an extensive elim ination of official red tape. Late Berlin messages said the kaiser had awarded the Iron cross to the offi cers and crew of his cruiser Karlsruhe. NEW PERIOD OF WAR IS OPENED ASSERTS RUSSIA rapidly. The larger money centers have reduced the rate slightly for commer- eastern barrel apples to tl British markets are fully 30 per cef it -heavier than in 1913. 1) , While the salmon trade lsjtjtuiet now f it is believed that there ili bef. strong market for this food .after the - turn or the year, 2aayj inqoirir . have been received Iiom France lor 2La' E.W'?JK."n.d!L of, -5Ur: the canned Product and It 1 believed ..... Uuc.CSo UCI..B mow U1, Aimvoi I Germany will follow very srn.- mesa All 12 of the federal reserve banks I .!:" are to be opened November 16. Na?xnZ'lZ "V,"i n.v to hardship to banks will follow. While u' u before very long. It believed. each bank will contribute 6 per cent and once th nablt of eatingi?almon 1s . . . W j , i x. 1 Y. begun It will not be poslDis to orea. ltal of the federal banks, it is, payable ,t ft Enrland la abiorbinUuthe Brit- Columbia salmon and yr 11 not be 1 in -the market until that. p.jek mil-, taken. j J . - -w General conditions In tHy lumbex f trade have not- materially improved. . The mills hereabouts are vprking aij not to exceed 50 per :eh of thelrtf capacity, and prices are'wciu An lnw gon and the Inland EmpireiThe of.fl-- i cial ngures ror jul iicu iuw department or agriculture if mc .3 dition of lumber manufacture ahows that three-fourths or l.ouu.wo.vvv ief- by their t Jiff laws. this loott Iiom vneir 'In Liverpool there is no change in . the situation . to Ther.- also the outlook for oears seems to show an Improvement, but we consider that London Will show the best results on this stock irom nrw rtn As regards barreled apples, gooa Kings are wanted, and a few barrels of Canadian . No. 1 Kings , realized up to 21s 6d per barrel. Canadian stocks are showing up In fine condition, ana nro milt the best line of barrel stocks on the market. As regards Maine ap ples there IS a .sugni improvement manifest, but Virginian stocks are I division are easily commanding $6.25 lower. For Californian Newtosvns tho I with wethers at $5.60 and' ewes a dime trade Is Liverpool nas ianen rignt 1 better at $6.60. away; prices, generally, were 6s 6a 1 Omaha there was a firmer tone for four tier clean ana green truii, una 1 in the sheep trade with an advance of 4s lOttd ior trie 5 tiers, j . 1 a dime. Top lambs $9.30. In Glasgow, there Is a slight lm-1 General mutton market provercent manifest in regara.to dst- Bert yearlings- E. 500)5.75 reled apples. Kings, showing the lar- 1 old wethers S.2506.60 gest increase, as in uiverpooi xNo xur- Best ewe3 .1 4.354.60 mer ciiaime w .a Best east mountain lambs., 6.00(B) 6.25 this market. . .ui, L rd Valley light young lambs.. 6.75 6.85 -To sum "P- PB Ion,A" reg Heavy spring lambs.. 6.006.5 to pears In general Is better, ana tiv crv,.. there are Indications of a further im- Today ZdTestock Shippers, provement on Keif f erpears in London. Hogs W. B. Kurtz, The Dalles, 2 which market we think will be the loads; Kiddle Bros. Union Junction. 1 best for pears onward from now. The load; H. L. Murdock. Wallowa, 1 load; depression manifest last week with rp- j. l. Hackett, 1 load; J. D, Walters, gard' to apples seems to us iot likely starbuck, 2 loads; Sol Dlckerson, tn waiilt In nnv Airther drOP In Prices, Kalnn lrfaVin 1 nA- W VI pn. which we think are likely to remain j parma, Idaho, 1 load; Jacob Montoz more or less wnere mejr e r " 1 j r., Welser. Idaho. 1 load; W. A. Riley. (Continued from Page One.) slons of Turks after an engagement at Koprukeieu.' m The Turkish treasury was said to be. empty. , . .. j SPEED OF RUSSIANS' ' ADVANCE ASTONISHES THE CZAR'S GENERALS in easy installments. As a contributing bank will have available for loan purposes from 7 to 10 per cent of its reserve. If federal banks fulfill their promise,- they will be alive to the needs of every community. Federal System a Help. The federal reserve board is assist ing in financing the cotton crop. In addition to the market being closed against it. the crop is sai to be 5.000,000 pounds greater than needed. A fund of $135,000,000 is being raised as a oasis 01 credit. The cotton ex changes of Liverpool and New Tofk less lumber was-cut nv i ". "". will open simultanaously with the 1112. The total product ,w',"u'"1 federal reserve banks, and it has been 000.000 board .feet for, 1U1?;, H'f re . . 1 1 3fti iniliu in operation in i 1 3, a ae- The Val3ren Produce -.cojipany re- . . . . , L . i u n ha. mil-. pons it juiih v... . -- i chased the Interest of his pr Hner. Ed- ward Anderson, in the -iVS.t sireei yj I Ooor, 204 25c dosen; cranberries, eastern, $s S I 8.50 bbl.. local. $3.50 box; peas, 10c; (proau. 8c pound. rM NiNfLJjMl. rSjf ,?l11fwn.. T.. ...It. JIT IVJ. g e f f 1 1 17 OTATOKs Selling price. Extra ebolee, ftjail A I Clllilolii 80c aad $1 per cental; sweets $1.8001.90. By nw 11 iu , HOPS - Burins Dries, cboics. llfrll U.- prim, SOSct medium to prime, pc; EQedlum, X.OS AXaXX.ES ABB SAB BZZOO 1 . S: YUCATAN V SAXXS W BOB EBB AT, HOT. IX BOBTSC VACXrZO STBAMSBXP OO. I . Tloket Offlee I Freight Of fie 182A 3a 1 r0ot MortaruB St tati a ants 1 mat r . Main 1214 I Main 6203 A-64221 Coos Bay STEAMSHIP BREAKWATER 0slla from Alnawortb sock. Portland, a n. ca.. Every TMdsy. t retgbt and tlckat offle lowvr AtaawortS aock. i'. A U B. 8. S. List. a, swaauBB, (ami. fBoae Mai SOUO. - A 831. Cltr tlckat oftlec. SO 81 if: itmt CI W. Btlnsae. At. Pboae Marshall 4500. a-eiai i STEAMSHIP Sella Direct for Ban Francisco, lee asjigeMS ue bibb viego. ttuiiia kubiu uau& Car lota. 4c; less than car lot, 4e. . MOaAIB 114 t27c ' WOOU-Momlusl. 1914 clip; WllUmette val 17 coarse Cutswold, lTV&c; ' medium Shrop stalr, ISHc; enole fane lota, 10tt20c lb.; CHSltrn Oregos, 14Q30o; according to shrink age. HIDES Dry hid. 25e lb.; green. 12; sited hides. 13cf bulU, green salt, 8c; kip. 131 14c; csWes, dry, 25c; ealf skin aitd i u.uwf Mas losn Liverpool May Be Buying More Wheat Lack of Quotations. From There In dicates a Stronger Tone; Chicago Is Lower. Chicago, Nov. 9. Wheat closed c down. .It was a closely contested mar ket most of the session without any great activity and somewhat less bull ish feeling on the surface than noted late last week. "Liverpool failed to quote wheat, while giving corn prices by came, i his was construed by many in this trade to mean that important purchases on this side might be under way. By noon, the trade had a report from Minneapolis that the export at Duluth might reach 1,000,000 bushels. Stocks Increased only 50,000 for two days at Minneapolis. Cash prices there are still strong at 2 3i to 34c over December and flour shipments heavy. The increase In the visible of 2.000.000 was less than exDected. The heavy primary is stiU the check on bull operations and with "this there la- complaint of scarcity of ocean ton nage to move the wheat sold for ex port, : The chief feature in corn is the claim from country points that offer ings are more liberal and movement likely to Increase. On the other hand Liverpool "closed ll4d higher. - ' '' - -i Range of Chicago prices furnished by Overbeck & Cooke company, 216 217 Board, of Trade building: WHEAT present. Denver Hogs $7.50. Denver. Ook... Nov. 9. Cattle 6TOO .Market steady to a shsd lower. Steers t6.60Q7.30: cows sod heifer, S5.0O9.25; stocker and feeders, $6.007.23; ealTe. $7.509.00. Hoirs 1800. Market higher, top $7.0; balk on nn MurVat - utronr. Yearling. $5.50(36.00; wethers. $o.005J0; lamba, $7.80 ewes. i. i j Omaha Sheep Higher. South Omaha. Sov. 9. Cattle -5500. Market ateadr to 1016 lower. Steers 9.5010.5Os nH ho If cm H5.T5O7.O0. i '.. 1 load: C. T. Walters. 1 load: C T Reivis, 1 load; H. Abernathy, 1 load; Hj M. Coon. 1 load; Sam Hornbeck, Haines, 1 load; Kiddle Bros., Imbler, 1 load; P. H. Johnson, Vale, 1 load; C H. Ricker. 1 load; L. M. Lloyd Waits burg, -1 load ; J. S. Robertson, Lam on t. Wash., 1 load; Mike Dukek. Condon, 1 load; J. O. Cork. Heppner, 1 load; G. "W. Cox, 1 load; M. K. Becker, 1 load; W. S. Kendrlcks, The Dalles. 1 load; Cottonwood Milling company Cotton wood, Idaho, 2 loads; D, -J. Donnolly. Weiser, Idaho, 2 loads; 8 tan field Bros, Echo, 1 load; W. J. Beech, En terprise, 1 load. - uattie ueorge Nesblt. Payette. Petrograd, Nov. 9. The Russian troops' westward advance against the Germans and Austrlans was still be ing passed rapidly today. They were ten miles Inside the East Prussian frontier, having driven the kaiser's forces back from Wirballen to Lyck and farther south held the town of Pleschen, some distance west of the frontier of Posen province In southwestern Poland and Galicia, too. the westward movement was pro gressing with a speed which exceeded even the Russians' own expectations. The czar's advance guard had- al ready reached the iNlsrlca river, only 35 miles frorn Cracow, Isolating the Austrlans operating on the San south of Praemvsl. The early capture of Breslau and Cracow was predicted. Though the defeat of the Germans and Austrlans everywhere w a s claimed. It was admitted that Russian losses were heavy. One thing upon wnlch most stress was laid was the superiority of the Russian over the German and Aus trian equipment for winter campaign ing. The Teutons suffering from ex posure was declared to be terrible. and everywhere it was said the moved 1U branch to the Cast side j headquartoj-s. ri ' 1 i."" ' ' WiUsher Sentei&ed to State frison Vancouver. Wash., Nov, E. Wlllsher, former manaa lbert the hV-Sooo. Market I0l5c hifherf. Imlki Idaho. 3 loads, Sol Dlckerson, Weiser, ( bu,. corpses were being found of t -tesdy t 10c MBher; VUSS i those who "had succumbed to it. YesrUngs $7.S517.60; wethers, $6.5086r75; lambs, $0.00(89.30; ewes, $5.6085.85. W. 8. Brockman. Ferdincnt Mahn 1 load; J. M. Olson, 1 load; J. M. Blake ly. Enterprise, 1 load; Walter A. Gover, Homestead, 1 load; Robinette,. 3 loads; J. A. Vauehn, Robinette. .J loads. Mlxert stuff T!1 sin Fnrmnfinn fr. 40c; orientals, I Wallowa. 3 loads hogs and sheep; C! w. Johnson, Fayette, Idaho. 1 load cat- vjnanaier, Dayton, Seattle Dairy Products. . Seattle, Nov. 9. Eggs, fresh ranch, 50c; fresh eastern, 35 . . . h. , j -1 r.l.. , , " Butter, local cnoes, ac; onc, ue ana nogs; w, ir erven. salted; sneep peiu, :.aiia, shearings. 25c: dry. loc. TALLOW No. 1. 4J44e; Ko. 2, 4: srease. 8,i4e. ... Uata, Fish and Provisions. -DBBS&SU IstATS Selling price Cbentri kUieo; nogs, laacr e, wrainary , 10 rough and heavy, f37Vsc; fancy veals. 1114 ttiA" orlnar. lOc: noor. 7iu.. UAIAS. BACON. KTU. Habul I7U0h.. broaktaat bacon, 20Vtt30c; aoUC ham, 2scj Mlbia i'rckiue uuua Biaer. sio. 1 stock 13c; cows. So. 1 stock,- lie; ewes, 10c; wetb' f I' .T a o rn. n mm lTc pora 101 oa, ij: . Wevi.. Nov 11. 2:30 P M orad uogs. jac. - . rt "du OV14TKR14 Olrmola. oar nib.' t. rsancd eastern, 55e eaa; $0.50 dosen : eastern! Dee. May Dee. May Dee. May Jan. May Jan. Jan. jTrvrriT tit jrn AJT rAXCXSCO, FOKTXAJTB k : .MI'AiaZLXa BTBAX8KXY CO. - TSAKX BOXftXftAK. Agent, 194 Third St. A-4596. Main ae. 1 IT a ba. 'm m sst 1' B. lOSX CTTT Tot ' . : AN VKaNt'lHCO ' &Q8 ANlik'l. Kit . zr.mU vot. 12 "ra sVui'Timaotoo rertlaae a. B., Oa M aad Waahlagtoa SU. (with O.-W. B. Aj M. Oa.) IX Manself 4t0. Algl. icericiAn-Hawaiiaii S. S. Co.' , Tbe Panama Canal Xdne" - imsn ruion szavzcnB aetweea - rortlaaA. XTeW' Tork. Oluulaatea aad , wfciytijhlsy tor tnformaUon as to rates, sellings, ' etc call on or address- i , - - C, D. KENNEDY. Agent, ' , ; 370 Stark Street. .Portland, Or. , la snail, si.toqz.w per 1W; rasor clama. $XOos2J25 bos; eastera oyatmr. per gallon! solid oack. -MJOa..6. - - FISH Prcaaed tkranders. Te: - ehlnnnk ' ..v. dhb, 6tc; sUver side. 6c; perch, z8e lb.: loteter. zsc ib.; .silver smelt, 8c; sslmoa LABli Tierces, 12c; compound, tlerees. lie. - ..... CRABS Larr. $1.60; medhun. $1X0 dos ralat aad Oils. w LINSEED OIL Haw, bbla., 67 ner eat ktth bolted. ' bbla.. SSe: rim V,-! boiled cases. 74c gaL; lets of 230 galions. lc laaa: oil cake meal. S44 oar trm c WHilB LJ6AU aoa lota. THe par lb.; SO OIL MKAL Carload lota. A3! ,. : . TUBPgiJTINB In caMa, 7 Unka. 60c pee galteau 1 . . . ' GOAL. OIL wtr white oa 1 drams, aaa " . - Oregon , City , licenses. Oregon City,. Nov.' . Marriage licenses have been issued . a follows: Henry W. : Peter of Aurora, and Minn Edith Harnack; Jesse V. Moore of Ore gon City and tta Kennedy Open. .$1.17 . 1.34 U . .70 . -734 . OH. . .54 .19.50 . ..19.90 . 10.40 .10,42 High. $1.17 1.2Vj CORN .70 .73 OATS .60 PORK 19So 19.90 LAKD 10.42 RIBS 10.42 Tx)W. $1.16 1-23H .69 73 I .49 5a 19 50 19.80 10.35 10.32 Close. ' $1.17 A. 1-23A .69 A .72A " .49A .53T4A 19.50 . 19.85 10.40 A - 10.35 A Oreeon cubes, 32 33c . . 1 I Wash., 1 load hogs and sheep: P, Cheese, Wisconsin, ic; nBiuuSwu, Aoppun, riainview, i - load nogs and 1718c. Woman' Election Official Protests NORTHWEST BANK STATEMENT Clearings. aionaajr Clearings Ubianues Clearings Balances Portland Basks. This week. Year ago. ......92.23,014.90 $2,603,845.48 Swattla Banks. f2,237,89S.O0 Taooma Bank. .$ S58.31S.0O . 12.404.C0 Section. Oregon Idaho Oregon Idaho . Oiegon , Oregon Oiegon Oregon Idaho .. Oregon Oregon Idaho . Cregon Oregon Oregon Oregon Oregon Oregon Petitioner Claims Site Was Ousted by X. H. Amos, After She Had Started Counting Ballots. j I. H. Amos, Prohibition candidate for reg"B' county commissioner at tne eieciiort 1 Oregon last Tuesday, is not to receive pay as an election official without a con test, for Mrs, Ida M. .Jlardman, 227 Glenn avenue, this morning petitioned the county commissioners or pay as an official in precinct 176. ! Kb, said she was regularly installed as an official last Tuesday morning and that 2r ballots had been counted when Amos came along demanding a place, as he bad been named an offi cial She protested she said, but was mid off the board. . i The county commissioners referred the request to District Attorney Evatos. Mr. Kvans said that while1 it was not proper ror a canaiaaie 'va iw n tion" ' official he did not i believe the fact that Amos served could be used for contesting any election, as Ahe majority of the officials were regular;. . Want ' Company DissolTed. - Vancouver, Wash., Nov. i9 Suit Was filed In the superior court yesterdav by trie officials ' of the Vancouver Transportation company i asking that the corporation tie dissolved. This ac tion was decided ' upon! at a recent mtlne- of the stockholders and the reauest is. made by C A. Kamm, ss Tir-inent and J. T. Gray, as secre tary. ; The company was incorporated in. 1974 and for many years operated the steamer Undine between Portland and Vancouver. . ' . .. 1 .' . ... . Oregon City Xnptfals. ' OregonCity, Or., Nov. 9. Ulrich,. B rugger and Miss Louise Halsnagel were married Saturday evening at the j German Lutheran . church : ' by o Rev. 1 Prank. sWleverslck. . Mr. and . Mrs. San Francisco Grain Market San Francisco, Nov. 9. Bsrley calU: Nov. 9 . Sot. 7 Pee. ... $1.27; $1.27 : $1.27 May 1.33' 1.35 l.M spot prlcs Wheat, Wall -Walla l.6t 19714; red Rnasian. ; $1.90gl.924; Turkey red, $1.954s2.00;, bluestem. $1.97fe&2.00. White oats $1. 55(3 17 bran m.M); mid dlings $30.00.31 J0O; borU, $24.6025.00. San Francisco Dairy Products. San Francisco.- Nov. 9. Eggs, . ex tras. ; 51c; pullets, 37 hie; California storage extras, 28c. ' Butter, extras. SOc; prime firsts. Cheese. California fancy, 16c; firsts; I Brugget will make their home In this 12c; seconds. 10c . , 1 city. ' v' ' ' 1 sheep; L. V. Gentry, Heppner, 1 load nogs and sheep; j. Q. Dtnsrnore, West Stayton, 1 load hogs and sheep; W. F. Milton, Cottage Grove, 1 'load hogs and sheep; Listrom & Applegate, Wei ser, iaano, 1 ioaa catue and hogs; P. AlorelOCK. JOSeDh. 2 loads hos-a and sheep; A. L. DeMaria, Milton. 1 load hogs and sheep.. Xeaday Morning Sale. No. At, lb. 14 10T5 11 1061 28 1078 1 9 4 1020 11 MOMS 2 870 20 960 3 . SOS 18 I 855 " cows ' ... , .- . . 5 912 6 985 21 1110 8 9R0 3 1013 - 11 50 BULLS : , 1 1430 LAMBS I 2 1U5 WETHERS . ...... 5 120 - EWES ...........111 89 ......105 Vf HOGS . ; 10 99 92 ..:.. so 89 ""mni' 85 ...... .....108 ...... 92 ...........107 i......ii..l2 GERMANS ADMIT THEY ' HAVE RETIRED BEHIND THE WARTHE, POLAND Berlin, Nov. 9. (Via Amsterdam) Retirement by the Germans In Rus sian Poland behind the Wartne river was officially admitted here today but the statement was made that the mill tarv authorities had the situation well fn hand and were not concerned over the Russians advance. From the west of Posen province, however, came reports that many of the great estates there had been de serted and that Germans along the frontier were fleeing to the westward Vienna was also reported in ft con Aitinn of ex eat alarm at reports of Russian victories, though the war of fice was quoted as declaring that both the German and Austrlart armies were intact and retreating only for strategi cal reasons and In perfect order. Some German gains were announced In the Argonne region in the western field of war. Suit Filed in County Court. Attorneys for E. B. Barbur this morning filed suit fer him against Anna Tt and P. M. Coufon In the coun- 1 tv court for the collection of . a $300 1 A .. r, -Y. K $5.00 1 note, urainaruj . . . ''' in district or cirtun i.uv. .0 first case filed in tne county court of its kind for years. Price. $7.15 7.00 6.90 S.75 6.60 6.M . 6.40 6.35 .(K 5.S5 $6.10 . 55 6.85 8.50 5.25 4.40 $45 $0.23 $4.60 4-&0 Idaho , Idaho . Oregon Oregon uregoa Oregon Oregon Oregon Oregon Oregon Ore goo Idaho . Oregon Oregon Oregon Oregon Oregon Oregon Oregon ,'.-.. . . 1 " . . . . ?o f. . 2.:- I f 0 ' 17 ISO 190 - lf9 . 194 , , SIO . 214 206 - - 200 . 177 : 2u0 i" WO X.2 . ' 15 f . , 325 - 45 418 $7.10 7.10 7.10 7.10 7.10 T.10 T.IO r 7.10 7.10 7.10 . 7.10 ,7.05 6.60 6.00 6.86 6.10 .1 - 6.10 . 6.00 , Gas Company .Is Sued.' . . - ; Damages of $20,000 are asked by L. G. Gillette and I B. Menefee In a suit against the Portland Gas & Coke com pany filed this -morning in which It Is , alleged that 1 the plaintiffs have been damaged - because smoke and fumes from the company's plant near Unnton . blow across Eairmount ad' dition where they own 490 lots. Cripple Will Sell Papers. a; Bradbury, partially crippled by paralysis and aoout years 01a. win j mell papers in irom w mw tuui iuvuio 1 for the remainaer 01 me winwr inai 1 he may help friends to care for him, ! The county commissioners this morn ing gave him permission to keep A little taDie wiwun we mmnti v Fourth street. ' Some restrictions have been lifted crease of S00U unurr tne l'"H': from trading on stock exchanges and These were largely .sins'. "rSiuV th first nntimiattn nr.t frcm wn I mills. The report Hi s the reat was street has come In . many months, one of "-rion a a,; vvnue mere is a certain nervousness 1 " .. ", -s.h i.Uhn ir rinv oyer wnat may ronow tne opening ot A,"' f Vh- mill- was cliicddown. fctry It behooves the investor to keep I Oommissloa Business cnangtjs. his head. Nothing will be permitted to happen if those who have been giving the best that is in them to bringing order out of the chaos of August 1 can neip 11. rnere may oe ,,.. indnht it .... ..nH n n . r n m nn & i, , n n , .1 1 t I iiu.l .flH .1111 m II. i." . v..... . I ' - - d.nd htit it will cortalnlv not nnv I oersonalll'. , i. to sacrifice holdings hastilv that 'for I The Pacific Fruit and Trt luce com- a long period have had stable values I oany today quit Front stre t and re- wu i iui Lite iixiie uruiK majr Bviier depression. It will pay better to keep what we have and to trim our personal expenditures according to our respec tlve incomes. Tbe banks generally, while conserv. Ing their own resources and putting them in as liquid form as possible, are carefully guarding the credit of their customers. The tremendous expansion In our ex ports and Imports for September has been a powerful aid to all business. Many lines of manufacture have been stimulated above a normal basis by tne purcnases mat nave peen maae for foreign governments. A grat many Inquiries are being, made for boots and shoes, blankets, and other essentials of army eauiDment which cannot be manufactured In the home countries. It Is said that stocks in some lines have been swept clean. There is a tendencr to caution in thei matter of expansion, nowever, as a great many inquiries nave been made by speculators. There is no telling now long tne war win. last.- as soon as hostilities cease, foreign buyers will retire from the market, the home industries of the foreign governments will resume as rapidly as possible, and they will, even in their crippled con dition after the war is over, undoubt edly be able to supply all that the trade can pay for. The war, the greatest adverse fac tor in. all -our calculations for the future, still continues with bne side or the other being ablO to report fa vorable results from time to time. That means but one thing. The ter mination of the war Is very uncertain. It is now conservatively estimated that the burden of the war debt is $28,000, 000 of money loss a day. How this wjll ever.be paid Is not clear, but it has b-een proven time and agstln that the savings of the people are a great natural reservoir of financial recupera tion which has seldom been tested to its capacity. So far. the financing of war loans offered by the different governments have been easily done, but it is estimated that not more than one fifth of the requirements have been met. The statistics of the business trans actions of the past two. months show a decided restriction In trade and man ufacure. The iron and steel industry is cn a 60 per cent basis; building op eratlonse'have been reduced 30 per cent; weather conditions nave 'been unseasonable; enforced economies have checked enterprise; the volume of busi ness distribution is less; railroad earn ings are still lower t except for the grain carrying reaasana an epidemic of foot and moufh dsease has affected the cattle business of six' Atlantic coast and central west states. It Is quite certain -that the war tax will not prove en aid to lines which have to bear the . brunt of, ths burden. Bank Clearing's X.ess. . A comparison of the bank -clearings for the United States for September with the same period for 1913 shows & falling off of 2S..4 per cent. This loss Is principally traceable . to the ex changes of New York City being closed, as the percentage of loss for that city Is 40.6 while for the entire country outside of New York City was but 9.9 per-cent. The loss for ten months of 1914. either , by New York City or excluding it. Is not so great The loss for September for the large cities of the 12th federal reserve dis trict was 6.3 per cent., or 3.0 per cent, less thsnl.the loss for the coun- fj.-A i W of O.-W. R. & N. restaurant alSHuntlng- ton. Or., who was convlctcd,pf an aa-. sault with intent to'kill ty,J- &. P. : Chalmers, a leading pnysicvm oi m-v city, has been sentenced to 1 rve from one to 20 years in Jwe st'al j. pentten--tlary. Wlllsher was Vonvii led about ;: three weeks ago, and at the t ine stated i that the case might be appealcd. m'. . . - i l. T.aUrtr, --- -- -7. inus iar no acuon iu uoyuiw(,! Vancouver Marriage I Jcensea. ' Vancouver, Wash.. No'vJ 9. Mar--' riage licenses were issued Sa turds V j by the county auditor to the? following persons: Charles P. Nelsonad MIssf E. Vera Powell, both of Lafayette;? Harry DeMarce and -Mrs. Rrtha Fra- ; ger. both of Portland; VerJe Powley H of Seattle and Miss Mary Anes Craig S of Ios Angeles; Floyd K. lfgckett and r Miss Ruth Egglman. both oiK Portland! f Opal J. Hill 19. years old;4and MIms Ruth G. Steffy. both of Pttlahd. H. M. Auld and Mrs. Klsie G.1ray. both . of Portland: Frank t.. Faug?V and Miss ? Emma Rasraussen. both of lak Polntjf' W.i O. Jones of Vsncouvel 4 barracks --. and Miss Eva Looney. 1 yrs old, of Oregon City; Patrick Lyncand Mias Leon a Meyers, both of Vancouver; j John Boley snd Miss Ai yia Marie Bozitas, both of Portlsn John .V, Schuyleman of Albany and, Mrs; Mas ' 8. Alband of Portland; Will tn-Rankin ' and Miss Ruth E. Allertof (' both of Portland. ' ! j '. : It THE Canadian Bjtiik of Comme( ce . Head Office f . S: TORONTO. CAN A5 5 A ; Established 86T l & - -" " ' - - -"'f- -. A Ceneral Bankisg; f jisinets ; Transacted ; : Interest Paid on Time e posits Commercial Letters of Credit : , . Issued -. Exchange on London, igland. Bought and Sold- ' PORTLAND BRA CH xf Corner Second and Stf jk- S ta. F. C, Malpaa, Mani ler The Bank of California: Overbeck & Cooke Co. Otoeks. Bonds. Cottoa. orala. Site, It tle-317 Bear ef Trade Sandlag. s--- DIRECT PRIVATE WIRES tO AliifeCCHANGES Members Cntcsge Board ef Trade. - "Correspondents ef Logan Bryaa. . f. ottinsejo, New Cork. NATIONAL ASSOCIATION Of San Francisco,'- Founded 1864 ; Capital paid in . 7 -Surplus and undivided profits v - Commercial Banking and Savings Departme PORTLAND BRANCH - -.'-. Third and Stark Street -.--'-j n S i $8,5oofoci).oo; $8,295,614.29' n