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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Dec. 9, 1914)
V 14 THE OREGON DAILY JOURNAL, PORTLAND, WEDNESDAY EVENING, DECEMBER 9, 1914. GRAIN PRICES TURKEY HUEST10N IS BIG ONE FOR TRADE: f SUPPLIES A PUZZLE Jut How Itljr, They Will lie. I the leading Question in the Market at This Time; Portland Is iiood Ilaee to Ship Supplies To.- AIiu:h speculation 1b again centered In the forthcominK supplies ofi tur keys for the holidays. While reports from'th country indicate that ifiold lngs of turkeys are very liberal, there i naturally noma question as to where the supplies will be shipped lor- the Christmas trade. Receipts of turkryn at all Pkelflc northwest center for the ThanKsKiv In trade were Kenerally ditsapKoint inK, with the exception perhaps of fcipokane, which tihowed more .stuff than was needed. Kor that reason valueH there ruled at the extreme low point for the coast. There is it rttrung indication i that Portland will secure Its full share of turkeys of the northwest sections, be cause this is the logical point for aellinK- Shippers to Portland : have rnore chance to secure favorable prices than when whipping elsewhere, be raue this -city HhlpM to other centers If the market here is not ?ood enough to absorb offei lugs. Shipments to mhr rvtitcra therefore irive the Wower l.ut one market, and If that breaks badly there is no other place to which Mttittirtfi-itM enn he made. 1 At the present time there isqulte a fair demand lor turkeys here at lc ' a pound for top q-uallty dressed birds. IIKAXS A UK HIGHER AGAIN Further advance is showing In the price or beans, wun me east snipi'ms to Kunitie and the coast selling fur ther into tlie eastern territory. . liay ous are firmest and show the greatest advance recently. 1 II CAW 11KXS AUK IN DEMAND While dullness continues in the men- eral chicken market because of the fact that most of tho fowls aire of extremely poor quality, there Is a very good demand for heavy Hlyitiouth Rock, hens, with sales reported at 13 (j) 14c a pound. . , LAST. CAR OF FIELD SWEETS What is believed to be the last car of field sweet 'potatoes for tne local market came forward today from the Bouth. Cellar stock will hereafter coma forward, and recently there has been a .sharp advance in these. Local market' expected to rise the coming week. ONION MARKET IS VERY FIRM With growers holding their prices firmer and few willing to sell: even then, the market for onions la not only firmer but Is standing rigid at 11.60 for Oregon stock. Soma' Cali fornia stock is selling lower. ORANGES FIRMER IN SOUTH' Market for oranges Is firmer lnjthe outn, dui prices generally are isnow 'tng no change there. Local market la holding steady. with the bulk of the sales around $2.59 a box, with range from $2 to $2.75. TOMATOES GET IN A WRECK A ' carload of tomatoes from Los Angeles which had been In a wreck arrived on the local track, but was refused by buyers hero because of the damaged condition. It is stated that another carload will come for ward and that will be the last of the season. 6HIPPERS' WEATHER NOTICE Weather bureau sends the following notice to shippers: Protect shipments as far north as Seattle against minimum tempera tures of about 40 degrees; northeast to Spokane, 24 degrees; southeast to 'Boise. 20 degrees; south to Ashland ,40 degrees. Minimum temperature at .Portland toniKht, aitout 42 degrees. JOBBING PRICES OF PORTLAND Ttie pr! are thooe at which wholesaler ell in retailers, except aa otherwise, atated BUTT Kit Nominal. Willamette valley . ereamery cubes, adilnu price, iS)rMOe: atate prima. .Vtnt-nc; ra.icn butter, ixrgaje; city creamer;, cae lota. ;t4ftc; leaa than case lota. BUTTER FAT No. 1. Portlnnil delivery, or, KO;S Nearly freshly gathered, 42fti44c rantlled local -tr, white, 42c; rase count. nivinn r. o. t. i'artiniKi. 3U(d4t)c; eastern. "freHh" April IWSIc; Cbioese. Ufa 16c dozen. i.hb rwi i.iiii-uns, riymouta Kock neavy., i;cnnc: ordinary ciil.-kcnd. 10 lh, broiler. 1'-. to 2 lbs., lie: turkey JiK.il If drwwil. 20j21e: plKmma. S1.0fril.2n; auaba, .rr .t; unru, 11T. m pound. tUKKhh rreh Oregon, fancy tall cream twiii and trlpleta. 16lbMc; loan America 7li"c. J ACKBABB1TS Fancy dressed, $1.502 j Qroccrles. i SUGAR Cabe. 0.2.: pnwdered. $0.15; frolt r berry, 5.0; beet. 13.70; dry granulated. 15.80; Ik yellow, Xa.oo. (Above quotations ara &j aays nei caao. ) mit. Jspan ity!-. No. . iSKV,ie: Naw TRANSPORTATION Coos Bay Line STEAMSHIP BREAKWATER Kails from Ainaworta aock, Portland. . Ervry Tuaaday. Freight and ticket offioa swar Ainaworu a oca. e. j. b. b. 8. lana. a ahubk, aiwi. araone aiau: ettOv. A CSSa. City ticket office, 80 BixtL Croat." C. W. 1 Btinger, Agaat. 1 bona Man bail 4500. B. B. SOSS CXTT Tor j San Francisco, Los Angeles 3 P. at. Deo. ia. Tha Ban Franonoo ft Psrtland ft. BL Co. 4 mad Waabinrtan 8t. - (with O-W. R 1 V. Co.) Tal Maxmhall 4&0Q, A-fiUL American-Hawaiian S. S. Co. "Th Panama Canal Line" EXPSS3 FREIQHT SE&TXCB Betweao, Portland Vw Tork, Boston, Fhiladelpbla and Charleston. . For Information as to rates, sailings, to, call on r address i C, D. KENNED Y,-Agent. I J70 SUrk Street. Portland. Or. Warshfleld. North Bend. Empire. San Francisco and Los Angeles , 1 Steamship Paraiso Satis direct i Saturday, Dec, 12, 7 P. M For passengers and freight; make reservations immediatelj'. FRANK BULLA M. Pass. Agt.. Wain 26. A-4596. 124 Third St. Freight office, Albers" Dock No. 1. MarahaU 2495,. A7144." eoos BAY ARE ADVANCING AGAIN AT SHORT SELLERS ARE SAID TO I BE PAYING MORE COIN FOR HOPS lieftorts Indicate That Good Goods Are , Bringing More Money as Forecast Yesterday; LUtle Local liusiness Being Reported. Short sellers are said to be freely offering 12c a pound for good quality hops In the Willamette valley. A number of sales were made at the higher price during the last 24 hours as forecasted in tnese reports yester day. T. A. Llveslev & Co. of Salem Is the chief operator in the hop market at this time and most of the business has been for their account recently. utner dealers report some business pasbiug but few are willing to pay extreme prices. Tne market for contracts is firmer as previously reported, but growers are less willing to contract at 11c a pound than formerly. .. a late xsew xork man advice says of the general situation: Bales. Receipts for week 4,1 vG Receipts since beptember 1 41,810 Exports to Kurope for week 1,670 Kxports lrom September 1 17,41:1 Imports for week 542 Imports from September 1 5.672 Our market has dragged .along wearily. Considerable stock , has ar rived, ana a fair proportion has gone out on sale to brewers, but new busi ness has been of very small volume. me proportion or really fine quality hops from all "sections is even less than was thought crolmble whm th harvest was completed, hence values for these are much better sustained than, on the medium and low gradvs. iuc are so pientiiui tnat they are pressed fo sale at low and irregular rates. German hops continue to arri ve freely, and if tlie neutral ports keeD open we are likely to have the heavi est imports in the history of the trade. Arrivals from Eurone alreadv pnn.il about 16,000 American bales. in isew York state there has also been some call for fine lots, and these being scarce have bronirht 'Zriaviit but everything else has been neglected witn tne widest range of values known lor years, faome poor trash is offer ing as lOW as 6 fix 6 c. without attract. ing buyers. ISew York hOD nric.es. nnnrut' State, 1914, choice 26(0 28 State, 1914. medium to prime. .20 a 24 State. 1914, lower grades 10(d) 18 .Pacific coast. 1914. i-hnli umij Pacific coast, 1914, medium to prime 1012 Pacific coast, 1914, lower grades 8fa 9 Pacific coast, 1913 7(a!10 Imported. 1914 iSMn!Sea" Sack goods Cream rolled oats, , " i Eop Price Ahead , Of Market-Liveslev (Salem Bureau of Tbe Journal.) Sntoni (lr- Ti,.n o C 1 v.., jcv.. ocverai small lots of hops have been sold here this wees at 11 cents. The largest sale was made bv Genre- Rnno trhn site- posed of 600 Yales at that figure. Prices range from 9 to 11 cents. There has been a steady movement according to T. A. Livesley, at 9 to 11 cents, and the Hill sale at 12 cents at Independence, was the only one at that ngure he had heard of. He as serted that price was ahead of the market. San Francisco Grain Market. San Francisco, Dec. 9. Barley calls: Dec. 9 Dec. 8 Open Cloce Close December ..123 B 126 A lafii May 132 B 1 ilU A .132?, A Tl 1 1 - TITjtl. BDOt nrices- "wheat Wollo vTon $1.92 V& 1.95; red Russian, $1.90 1.92; Turkey red, $1.95 1.97 ; blue stem, $2.00 2.05. Feed barley, $1.22. ' Whit oats, $1.52 (S 1.75. Bran, $2525.50; middlings, S30O31 Bhbrts, $26 26.50. New York Cotton Market. N ew Yiirk, Dec. 9. Cotton market: Open.-High. Low. Close. uu-iiuary ....... March ..737 May ..756 July .77.1 ... ... 714 739 732 733 75S 751 751 774 76S ; 767 800 792 792 706 704 704 October 797 December 705 Foreign Exchange Rates. Merchants' National hank nu..i.w - cbange: ln rton Sterling. 4.89H. Paris Francs, 20.20. Hongkong Currency, 40.60. Orleans, head, Bfiejic: Creole, 6c. SALT Coarse, half grounds, loos. $10 per ton; 60s, $10.75; table dairy, fit. $18; 10a $17.50; bales, $2.25; extra floe barrels, 2s 5s and 10s, $5.250.00; lump rock, $2.50 per ton. HONEY New, $3.53.50 per ease. BEANS Small white. 554c: large white. $5.15; pink. 4c; 11 mat, 6ijc; bayuu, S0.40-. red. 6 Vac Fruit and Vegetables, FRESH FRUITS Oranges, aarel 2ffl 2.76; Japanese. 90c8$1.00; bananas 4fi4W? lb.; lemona, $3.5o4.60; llnjes, l per mo grapefruit, $3.50(4 per case; pineapples. 7c lb.; caaabas, $1.00 crate; pears. ..$1.0O4l 2a grapes. $1.25(1.50 crate. . 1 AI'PLKS Local, tWc(j$1.50 box. according to quality. . ONIONS Local, $1.50; California yellow $l.ao; association selling iriee, ( i, coiuitry points; garlic, I7Vjc. POTAIOES ieUlug price: Extra choice 85 S90c per cental, sweets. $l.Ko&2 VEGETABLES Turnips, loai;. beets 75 Q86c; carrots, 75 (g 86c; parsnips. SiMoc sick cabbage. 75t(n$l; tomatoes. California, Jl.iXMoj 1.25 per lng; greea oiiioas. lOnjlic doiteii uuueues; peppers, oeu, ioc; bead lettuce. 11.90 ,,nic. .cn-i, -jti, i ov uuaeu; egg plant loc caulitlower, $1.00giL25 dosen; trench ai-U-chokes, bjc dozen; string beana 9c cu ccmbers, hothouse, $1.00 dozen cranberries eastern, $0.50 bbl.; local, $a.r0 box; sprouta) Hops, Wool and Hide. HOPSBuytng price choice. 1Eo; prlmf, 11c; uiedluiu o prime, 9(giloc; tuedium. IMUc 1915 contracts, Ho lb. ' CU1TT1M Oli CASCARA BARKf. 4c; less than car i lots 4c. ' MOHALK 1914-!-2727V3C. WOOL Nominal. 1914 clip; WIDamette val Hi? "".Ui wold. 17,c: medium Shrop shire. 184c: choice :ancj lata ln'tn. i.. eastera Oregon. 142oc; accordlbc o ahrlnk- I1IDES Dry hides, 25c lb.; green. 12V.C sanea uues, isc; bulla, green sail, 0c- kiiw LJ14c; calyes. dry, 25c; calf skins 'salted ur isnxu, iot, jiwu uiuea, ic less than salted sheen pelts, baited, shearings, 1025c; dry 10c i , TALLOW No. 1, 4!44ie; No. 2. 4Q4e; Keats, Tiah and Proyisicns. ' UBiUiatu MluAiS Selling price Country . . in, wt wuaarr, o j. c : rtugb and heary, 7ai7c; fancy reals. 10c: ordinary, c; poor, ic; goats, Sttlc; spring HAMS, BACON. ETC. Hanm. 16U(S19c oreMklaot bacon, 21dt30c; boiled bam 2Sc; picnics, 12Vic; cottage, 17c; homeless, 'l7ftc MEATS facklng house iiteers, o. 1 stock 12c; cows. No. 1 stock, lies ewes, lie; wethers, 12c; lambs, 13Vic; pork loins 18c. OYSTERS Olymnla. oer aaJlon. ai.l.i- eanaed eastern. 66c can. $6.60 dVxen; eastern, iu shell. $1.86 per 100: rasor clanut. S2-fiO box- eastern oysters, per gallon, solid; pack. $3.60. FISH Dressed flounders. 7c; ateelhead sal mon, ec; siirersiae, c; perch. e&iSc lb. lobsters, 25c lb.; silver smelt. 7c; salmon trout, isc; oaiitmt, Kfftiac poand. LARD Tierces. 12c: comnound. flermi. 11 CRABS Large, $1.60; aoedlum, $15 dozen. fauta and Oils. LINSEED OIL Raw bbla., S6s per ral .; kettle boiled, bbls.. 5ic; raw. eases, 80c; boUeu, eases. 62c ral.- lots of 259 gallons, 1c lea; oil cake meal. $44 Der ton. WHITE LEAD Ton lots, 7 per lb.; 500 id. iota, i c per id.; less Ht.a, ttc per lb. OIL MEAL Carload lots. $o4. TURPENTINE la t casea, s7c; tanks. 60c aer a-alkn. s COAL OIL Water white In drums and Iron burela. 10c . , j , - Edited by Hy-man H. Cohen. ES CEREALS ARE HIGHER THAN QUOTED HERE Oats, .Barley and Wheat Being Bought in the Inferior at Higher Quotations Than Sales Could Be Made at Tidewater Points. . WHEAT CARGOES DUX London. Pec. 0. Wheat cargoes on age dull but quiet. paas- LIVERPOOL WHEAT HIGHER Liverpool, Dec. 9. Wheat: Dec. 9. Dec. 8. ' Open Close. December 9h :)4d 9s 6Vid POBTLAXD GRAIN RECEIPTS' t -Cars- Wheat. Barley. Fir. Oats. Hay Monday ... M Tuesday ...... E 4 Wednesday ... 38 4 Year ago 7:1 4 Season to date. 10.367 WIS 12 4 7 2 121(7 1206 1 4 a 1222 1029 5 2 997 Year ago. . 0.919 1472 1403 According to a very prominent local exporter who has just returned from the Interior, the market for wheat is very excited and prices paid there both by exporting and milling interests are on the tidewater basis of 11.21 for bluestem, $1.20 for fortyfold and $1.17 for club. . Not only is the wheat market firmer in the interior than here but oats are being purchased there by tidewater in terests above the basis the stock could be sold, at here just now The same applies to barley. Locally the- market is showing strength but trading here is at low ebb, so far as reports of milling and exporting Interests indicate. Foreign markets are generally quot-" ed firm and in some instances are higher. CLOVER SEED Buying price: Nominal No. 1, recleaned, 12c; ordi nary, 10llc pound; alsike, 11c pound. FLOUR Selling price. Patent, 6; Willamette valley, $6; local straight, $5; export straight, $4.60; cutoff, $4.60; bakers', $5.80 6.20. HAY New crop, buying price: Wil lamette valley timothy, fancy, $13 14; eastern Oregon-Idaho fancy tim othy. $1615.50; alfalfa, $13; vetch and oats, $910; clover, $8 per ton. GRAIN BAGS 1914, nominal; No. 1 Calcutta, $8.25 8.50. M1LLSTUFFS Selling prices: Bran, $2424.50; shorts,- $25 26.60 per ton. CEREALS Case goods Best rolled oats, $3.60 per case 36 packages; best roiiea wneat, tor 36 z ltx pacK $7; fancy flaked n rolled oats. $6.50: oat meal, steel cut, $7.75; oatmeal, ground. ti.25 per bbl.; split peas, $o.7o per 100 lbs.; pearl barley, 100 lb. sacks, $5; pastry flour, 1,0 lb. sacks, per bale, $3.25; graham flour, $6.50; whole wheat, $6.76; rye, $6 per bbl- There was little change in the price of cereals on the Portland Merchants .Exchange for the day. A sale of 6000 bushels February bluestem was made at $1.22, 10,000 bushels prompt club at $1.17 and 5000 bushels February club at $1.19. i f-ales would indi cate a slightly : iger tendency in the market. Futu . in general showed little change in the bids. Coarse grain, bids were practically unchanged with the exception of brew ing barley, which lost 50c a ton for the day. Spot -prices on Merchants' exchange: WHEAT Wednesday. Tuesday. Mon. Bid. Ask. Bid. Rid. Bluestem ft. 19 $1,111 $1.19 ' $1.19 Korlyfold .. 1.18 T.lH..i 1.1S ,. 1.18 1.17Vj 1.18 1.17 1.J2 l.lb4 l.ioi Club 1.17 It. Russian.. 1.10 Red Fife Feed . . . Feed . I ll l.lo 1.13 1.12 OATS 2$:00 28.75 28.00 2S.00 BARLEY .24.50 25.25 24.50 24. M) .25.30 20.50 26.00 26.50 M1LLSTUFFS I'.rowing Bran . Shorts .23.50 24.50 23.50 .24.00 25.50 24.00 23.50 24.00 Willamette valley wheat usualbr lc above tne ciuu. Futurea today ruled: WHEAT Bid. ..$1.20 ...l.ii .. 1.24 . . 1.1U . . 1.21 Ask. January blnestem - $1.21 1 .23 rebruary bluestem Murch January fortyfold - J .21 1.22 February fortyfold January club 1.1K l-lS'i 1.20 1.13 1.15 1.16 February club 1.19 January Red Russisn.. l.l: l-etirnury tved Russian... . .. 1.14 . .. 1.14 ... 1.15 ...28.50 . . 2U.Sio January Red Fife Ftbruary Red yile 117 OATS January 20.50 30.00 32.50 25.75 20.50 February ........ May ..31.00 . .25.00 . 20.50 BARLEY January feed Junuary brewing Chicago Wheat Has Much Lower Close Chicago, Dec. 9. Wheat closed with a loss or i-c ror uereraDer ana ic for May. . Market opened with an ad vance of c for the former and c for the latter. There was a somewhat better feel ing in the foreign trade and prices were generally higher. At home the trade was influenced chiefly bv ' the good crop reports from Argentina. Range of Chicago prices furnished INTERIOR PE 0 by Overbeck &, Cooke Co., 216-217 Board of Trade bldg; , WHEAT Dec $1.16 $1.16 $M5i $1.15 May ..... 1.21 1.21 1.20 1.20A CORN Doc. ..... .62 .62 .02 .62. May ..... ,8 .8 .68 .63B OATS Dec. 47 .47 .46 .47 May .51 .51U .51 ,51A POUK Jan 18.22 - 38.22 18.12 18.1 A May 18.62 18.62 18.52 18.52 A LARD Jan B.S2 9.82 9.72 9.77 A May .....10.05 10.07 9.97 9.97 B RIBS Jan. 9.77 9.77 9.77 9.77, May 10.12 10.12 10.07 10.07 B I. S. Government Bonds New York. Dec. 9. Government bond Bid 96 96 99 IOO PW ........M8 95 yt- Ask. 2s, registered do., coupon Ss, registered do., coupon 4s, registered do., coupon Panama 2a t7 106 San Francisco Dairy Produce. San Francisco Dec. 9. Eggs rEr tras, 41c; pullets, 36c; storage ex tras, 28c. Butter Extras. 31c; firsts.' 28c for prime; ordinary firsts. 26c; seconds, 24e. , Cheese California fancy, -13VUe; firsts, 12 c; seconds. 10c . Seattle Dairy Produce. Seattle, Dec S. Eggs Fresh ranch, 44 45c; fresh eastern, 42c; orientals, 28c. . - Butter Local cubes. 33c; bricks, 34c: Oregon cubes, 32 33c. Cheese Wisconsin, 19c; . Washing ton. 1718c Buenos Aires Wheat. Buenos Aires. Argentina. "Dee. 9. Wheat closed "e higher. " Paris Whaat Higher. Paris,1 Dec. 9. Wheat closed e kigher. ALL POINTS E IN UNITED STATES, If LATEST DUN REPORT Higher Commercial Mortality Than in Previous Years Is Indicated; Big Business Failures Are Cess Than in Previous Years. A higher commercial i mortality than in previous years is still indi cated by the record of business in solvencies, although the November ag gregate of liabilities compared closely with the total for the corresponding period of 1913. . Numerically; however. the exhibit was again adverse, there being 1815 suspensions reported to K. i. Dun & Co. last month, against 1686 in October, 1377 in November a year ago, 1175 in 1912, 1105 In 1911 and only 10U3 in 1K10. As to the amount of money involved, the debts of the de faulting concerns reached $25,489,498, this sum contrasting with $24.199,48o in the preceding year. $15,646,105 in 1912. about $15,300,000 in ; 1911 and little more than $11,000,000 in 1910. Of the November failures, 480 were in manufacturing occupations 1 and sup plied liabilities of $13,079,589, In com parison with 382 similar reverses last year for $12,653,747 and 327; two years ago for $7,230,614. The returns for 1911 showed 260 insolvencies for ap proximately $7,000,000. While the 260 firms that failed in 1910 owed about $4,600,000. A particularly unfavorable exhibit was, made by the trading class. In which there were 1264 suspensions involving $10,070,005, against 937 for $8,982,316 in 1913, 806 in 1912 for $6. 751,891,777 for $6,541,789 in 1911. and 698 for $5,471,332 in 1910. Losses were also more numerous In the division em bracing agents, brokers, etc., a total of 71 defaults providing an indebted ness of $2,338,904. which was, how ever, smaller, than the $2,563,422 sup plied by the 68 failures last year. Two years ago there were & reverses in 7S1 891. 777 for J6.541.789 in 1911 and insolvencies numbered 42. witn liaoin ties of il. 857.201. while the 45 concerns that suspended in 1910 had debts of only about $1,250,000. A feature or tne iNOvemoer returns was the falling off in the number of large failures, there being but 27 sep arate defaults for $100,000 y over, as atrainst 48 in the previous month and 41 last year. Tlie grand total or tnese 27 suspensions of unusual size was $10,370,466, thus leaving $15,119,032 for the remaining 1788 smaller insolven cies, or an average or sido, wnicn is lower than in either 1913 or 1912. In manufacturing lines the tiumper of failures for $100,000 or more was 17, aggregating in all $7,559,829 two sus pensions in lennsylvania and New York alone supplying debts! of $5,000, 000 and this made the average of the other 463 reverses $11,922 a figure exceeded only in two of the preceding 12 years. There were but eight large Insolvencies in- the trading class and these provided an indebtedness of $1, 517,940, the average of the 1256 de faults for less than $100,000 being $6809. This is lower than In 1913, 1912 and 1910, but is higher than in other- previous years. Northwestern to Open Seattle Office The Northwestern Fruit? Exchanges will open an office at Seattle. Offi cial announcement was made to that effect by the Portland office today. It reads: , "The Northwestern Fruit Exchange of this city will open an office in Se attle about the middle of January. Space has been engaged on the ninth floor of the new Stuart building now being erected for the Metropolitan Building company. President Reginald H. Parsons and General Counsel Wor ral Wilson, both of whom reside in Seattle were here recently conferring with General Manager W. F. Gwin re garding office arrangement. They were accompanied by an architect. It is- said that the new quarters will be the last word in equipment for office efficiency. . "Increasing volume of . business in the Wenatclsee and Yakima valleys of Washington is given by the manage ment as one of the chief reasons for establishing offices In Seattle. Ex pansion in these districts was very great this season and promises to be still larger in 1915. The exchange management expresses the desire to prepare in every way possible to handle most expedetlously the expect ed share of new tonnase when hun dreds of young' orchards, shall have come Into bearing." It Is . stated that no decision, has been made as yet whether to continue the Portland office or not. NEVADA MIXING QUOTATIONS (Furnished by Overbeck & Cooke Co.) San Francisco, Cal., Dec. 9. Mining shares: Ooldfield Idrt.l Ophlr ..9 10 Atlanta. 54 Booth . 14 56 Savage . 4 15i S.Nevada 4 5 6 Union . . 8 1 1 Tonopah Xiist. 13 Belmont 450 . . . t Cash Boy 3 5 6 Gypsy Q. 1 2 65J. Butl'r 74 75 160 Halifax. 22 23 T. ALerg. 8 9 240 Midway. 9 10 10IM. Pitts E. 3 4 B. Bull. 5 C. O. D. 10 C. Frac. 12 Daisy .. 8 D. B. B. 4 Florence 64 Gold. C..157 Kewan. . 22 Jum. Ex.235 L. Star. 9 Merg. M. 38 Oro .... 11 1 S. P. Con.l 1 Vernal 1 Y. Tiger 6 Manhattan Uat. M. Dextr 1 Montana. 67 . ... MacNam. 5 6 N. Star. .17 IS R. Eula. 7 8 Ton. Ex.275 W. End. 56 Other Districts. Pitt. S.P.I 4 16 Com stock XdBt. Con. Va. 10 HIN.Hills r,4 2Rd. Mtn 34 30 H. & N. Mex'n. XOKTHWE8T BANK STATEMENT Portland Bank.: This week. $1,753,603.08: 1.577,8897; 1.866.099.86; Clesrings Tear ago. $1,604,290.98 2.039,810.59 2.038,436.90 Wednesday Tresday Monday . . Week to date $0,197,592.21; $1,742,338.47 Seattle Banks. Clearings Balances .$a,759.eS2.O0 . 146,210.00 Omaha Sheep Advance. South Omaha, De. 9. Cattle 3000. Market steady to 10c higher. Steers, $S.509.SO; eows and heifers. $5.507.O(V ; Hogs 4000. Market strong to loo higher: bulk. $6.80fti6.95. Top $7.00. Sheen 5K). Market lofr?25e higher. Year ling? $6.8.17.10; wethers. $3.6O6U0; lambs, $S.O08.35;. wes, $3.005.25. Kansas City Sheep i Rise. Kansas City, Dec' 9. Hogs, 900 i. Market steady. Tops, $7.60. Cattle, 6000. Markea 10c' higher. Sheep, 6000. Market' 25c higher. New York Metal Market. New York. Dec. 9. Metals: i Copper Lake, 1213c. Tin $32.75((i33.25. " Iad $3.75T3.ft3. Spelter $5.3565.65. Belt Is Wanted Elsewhere. C. A. Belt, traveling salesman, who with the. aid of a Shriner emblem, a diamond stickpin and a warm hand shake inveigled half a' dozen Portland business men Into cashing ' spurious checks to the amount-of $77, and who was arrested Monday; ls: wanted In Taeoma and Everett, Wash., for simi lar defalcations, it was learned to day. He was boun.dct over yesterday to the 'grand Jury. ; - FAILURES INCREAS IN INTERIOR TOP SWINE SELLING AT $7.25 HERE WITH Tops Go at Extreme Mark Late Yesterday Afternoon; Trade Too Busy With Show to Pay Much Attention to Arrivals at Yards. PORTLAND LIVESTOCK Rt;N. , Uors. Cattle. Calves. Wednesday 742 Tuesday 52 Monday 0555 Saturday 5t7 Friday 121 Thursday 1446 ANOTHER GOOD RUN :4 2 08O 107 1 11 775 3 1602 20 1 2.W 150 .. 454 75 1 124 18 .. 843 153. .. S7:: 4L 5 2W4 5 12 554 week uiio 928 Year teo ...r 1098 Two' years ago 530 Three years ago 209 Livestock buyer's were too busy to day with the auction for prize stuff tc pay the slightest attention to other lines. The market in general is show ing increased strength for hogs and sheep, but continues weak for cattle. Hogs sold, up to $7.25 in the North Portland yards during the last 24 hours and this is the extreme top for quality. At Chicago there was a firmer tone and higher market with an advance of 5c to 10 over yesterday. Tops $7.70. Kansas City hog market ruled steady with tops at $7.60. Omaha hog market was strong at an advance of a dime. Tops $7. - General hog market range: Best light $7.007.25 Medium light 6.80 6.90 Good to heavy '. . 6.606.75 Rough and heavy 6.00 (ci 6.25 Stockers 5.506.00 Cattle Market Quiet. For cattle the market at North Portland continues extremely quiet. There was only a small run reported In -the yards over night, but these did not meet with rriuch favor. General conditions were unchanged. At Chicago there was a strong tone in the cattle trade for the day, values being a nickel better. Kansas City cattle market was strong at an advance of a dime. Omaha cattle market Was steady to a dime better. Tops $9.50. General cattle market range: Selected steers .$7.157.40 Good to prime . . Good to choice . . Ordinary to fair. Best cows Good to prime . . Ordinary Selected calves . Fancy bulls 6.90 6.506.75 5.75 6.25 5.906.00 5.656.85 6.25 5.50 8.00 6.255.75 Ordinary 4.00)4.25 Sheep Position Pinner. Position of the mutton and lamb trade is again firmer. There were again sales of lambs around $7.25 today but better quality would have likely brought a fraction more. Ewes sold during the morning at $5. There was only a small run of mut ton in the yards at North Portland over night. At Chicago there was a strong tone in the mutton trade with an advance of 10 to 20 cents over yesterday. Kansas City sheep market ruled strong at an advance of 25c. Omaha sheep market ruled very strong with an advance of 15 to 25c. Top lambs $8.35. General mutton market range: Old wethers 5.50S5.75 Best yearling 5.9Ci)6.00 Best ewes- 4.75 5.00 Best east mountain lambs.. 7.30 Valley light lambs 7.25 Heavy spring lambs 6.50 6.75 Valley light lambs 7.00jj7.15 Today's Livestock Snippers. Hogs Jensen Bros., Roosevelt, Wash., 1 load: A, W. Silsby, Ashland, 1 load; Stanley Ranch Co., Bend, 1 load; D, D. Sullivan, Alexander. Idaho, 2 loads; Charles Downer, 1 load; J. A, Martin, Sterling, Idaho, 1 load. Cattle John Kaner, Rexburg, Idaho, 1 load. 1 Sheep J. T. Rees. McMlnnville, 2 loads; R. Gibson, Brooklyn, 1 load Mixed 6tnff H. A. Hecker, Albany, y load hogs and sheep; P. J. Kopplin, Plalnvlew, 1 load cattle, calves, hogs and sheep. Tuesday Afternoon Sales. STEERS. Section No. Oregon 1 Oregon 1 Oreeon 5 irepra 2 Oregon 3 COWS. Oregon , 1 Oregon 3 BULLS. A to. lba. 1090 990 734 S90 636 1S40 1056 1282 910 . 760 190 225 245 21H 34 Kl Prl, $6.75 6.25 5.25 5.2: ' 5.00 $6.25 6.00 $4.50 Oregon . . Oregon . . Oregon ... Oregon . . Oregon . . 5 HEIFERS. 1 1 HOGS. 50 50 2 S BO $8.25 5. 40 $7.23 7.25 7.25 7.25 T.23 7.23 Oregon Oregon Oregon Oregon 214 Wednesday Horniatr Sale. LAMBS. Section Oregon . . Oregon - - No. Ave. lbs. -. 72 91 21 71 YEARLING WETHEBS. Price $7.25 6.75 Oregon Oregon Oreeon Iregon Oregon Idaho Idaho Oregon Idaho Idaho Oregon 33 EWES. 50 HOGS. 45 101 97 118 ...... 77 , 85 ......1211 47 13 111 121 " 168 116 2IK1 1S4 21 231 2 121 245 $5.75 $5.00 $6.90 6.50 7.25 0.SK 6JMI 6.90 6.90 6.25 5.90 Denver Hogs Higher. Denver, Colo., Dec. 9.: Cattle, 700. Market steady. Steers, $6.507.30; cows and heifers, $5.00 6.30; stockers and feeders, $6.50 7. 3 J; calves, $7.00ff 8.00. Hogs, 100. Market higher. Nothing good here. Top .and bulg. $7.00. Sheep, 3200. Market strong. Chicago Sheep Higher. Chicago, Dec. 9. Hogs. 27,000; market 5c to 10c higher. Light, $6.7. W7.70; mixed. $6.9ri7.70: heavy. $6.857.50: rough, $6.857.00. Cattle 16,000; market strong. Sheep - 10,000; market 1020c higher. Journal Want Ads bring results. THE Canadian Bank of Commerce Head Office ' TORONTO. CANADA Established 1867 A General Banking Business Transacted Interest Paid on Time Deposits Commercial Letters of Credit Issued Exchange on London, England, Bought and Sold PORTLAND BRANCH Corner Second and Stark Sts. F. C Malpas. Manager CITY AUDITORIUM AND NEW ARMORY IN ONE : BUILDING SUGGESTED Holman Suggests Idea While Provision for the National Guard Is Being Made. WOULD AVOID EXPENSE Scheme Proposed Za to Pat Hospital on Hew TJniTaraity Tract and Vst or Sell Site Bought for Purpose. An effort is to be made to get the county and city commissioners to co operate In working out a plan for the construction of a combination armory and auditorium. This idea was suggested yesterday afternoon by County Commissioner Rufus C. Holman when Colonel C. H. Martin of the Oregon National guard appeared before the . county board and urged that an Item be Included in next year's budget for the purchase of an armory site. The advisory budget committee - did not recommend the purchase of a site at this time. Commissioner Lightner said it would take about $65,000 to purchase a suit able site and it was a question whether the commissioners would be justified in adding such an item to the budget, Mig-ht Relocate HospltaL Colonel Martin said the National Guard is always put off to the last He said Portland ought to have an armory that would be a civic center, where all sorts of public meetings could be held and the people make use of the building. The matter was being discussed in formally and Commissioner Holman who said that the need of a new coun ty hospital was also an urgent, matter that had been omitted from the budget offered the suggestion that an effort be made to procure for the county a hospital site on the 20 acres donated by the O-W. R. & N. company to the medi cal department of the state university. then use the three and a half acres the county has secured at Second and Hooker streets for an armory site. He then suggested that the city commis sioners be asked to consider a proposi tion of building a combination armory and auditorium on this site. "My purpose is to avoid buying any more property until we use that which we have already purchased," said Com missioner Holman. . "I don't know whether the suggestion I have made will stand criticism or not, but it ap pears to offer a solution for getting both armory and an auditorium. , If the site at Second and Hooker streets is not suitable for a combination build lng, then let .us dispose of It and use the funds for purchasing a suitable site." Money Sn County. It was decided to take the matter up with City Commissioner W. L. Brew ster, who has the auditorium matter in his department. The city has voted $500,000 for an auditorium, and the matter has been pending v for several years, without results. Commissioner Holman also pointed out that there Is a balance of $100,000 due the county from the sale of the old county farm, which if paid could be used in this connection. It was pointed out that if a definite plan Coast Line Service Portland- to Kalarna, Chehalis, Centralia, Ta eoma,' Seattle, Everett, Bellingham, New West minster and Vancouv er, B. C The International Limited Leaves Daily 10 a. m $ The Owl Leaves Daily 5 p. m. From North Bank Station, 10th and Hoyt streets Tickets and full information at City Ticket Office, 343 Washington Isireet (Morgan Building) and at Depot H; Dickson C P. & T. A. Marshall 3071 A?2286 Overbeck & Cooke Co. Btoeka. Bonds. Cotton. Grain, Bte, aUJS-817 Board of Trade Bonding; DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Tradav ' Correspondents of Loarnn BryaJs. ""ma, Near Vera, Employment for All : Is Declared Object Circular Issued by Unemployed Protec tive Association Would Save Public Officers Employ All Heeding' Work. There are two organizations of the unemployed in this city. ' One is 'an W. W. organization with headquar ters on Davis street, the other has R. Dddds for chairman and William 11. Rkach, secretary. In a circular the latter organization names its head- uarters as 406 Vancouver avenue, but no office is apparent, the building being a rooming house. The objects of the "1'nemnlnved Ptn. tectivevAssociation of Portland and the biate 01 Oregon" are declared to be the employment by the public authori ties of the men and women ,in need of employment and the use, of peaceful, political and lawful powers, as citizens 10 eitect the end sought. wnen trie city has no monev to nav expenses, says this circular, "thev I take the same. The city, county and state have a legal right to lew as sessments, Issue warrants, bonds and scrip receivable for all debts due the city, county or state, without Interest; and said scri is better than the bank er's, clearing house certificates, be cause all of the property and people are security for sai.l scrl." The organization is not allied with the I. W. W. or direct actloiilsts, but proposes to use the ballot and the re call to effect results. At present it has no meeting place, the call of th chair being considered sufficient The committee in charge is enroll ing members and claims to have over 1200 on its books. No person is al lowed to examine the roll. A member of the executive committee at 406 Van couver street says all the members are citizens of Portland and many of their are property owners. Will Dedicate City Market Tomorrow Progressive Business Men's Xaoncneon Will Entertain Representatives From All Organisations That Took Part. The Progressive Business Men's club tomorrow noon in the JIultnomah hotel will have a special program, dedicat ing the public market, now in perma nent quarters on Yamhill street. Rep resentatives from all organizations that had part In the public market cam paign have been invited to attend. Those who have booths in the public market will decorate tables tomorrow and contribute toward the menu. Mrs. Lulu Dahl Miller, John Claire Monteith and Dr. R. M. Emerson will sing. The principal speakers will be C. A. Bigelow, commissiofier of finance, and John P. Carroll, for whom, the market has been named, r There will be one-minute talks by J. C. Knsllsh, Eugene Brookings, Charles F. Berg, M. H. Calef. Mrs. 11. R. Zeller, Mrs. II. C. Uthoff. W. P. Strandborg. C. C. Chapman, J. H. Eastham, W. J. Head and others. Frank Hilton will pre side. could be evolved the national guard would be In position to gt before the legislature and ask for an appropria tion to apply on the armory. Colonel Martin said the state is bear ing a portion of the cost of all the armories being constructed. For the new armory being completed at Eu gene the state put up one third of the cost, the county one third and the city one third. Journal Want Ada bring results. T HROUGH THE Savings Department, exceptional oppor tunity is offered to youne; ufen. to es tablish business friendships! with a laree commercial bank4 friendships. 1 that, may help them when they start i? business or desire to make personal investments. A maximum interest rate is paid -in a Sav ings Account opened here for 1 or mre, which account is always at your disposal, j ' Plan to start your savings account; with us at tne oeginning or me lit United St at esNationalBank Capital Surplus and Undivided Profits .j -,250,000.00 Third The Bank of Personal .Service The location of this institution and the prompt, court eous attention which we are never too biy to. extend, make it particularly desirable as a banking home for people in all parts of the city. !l We Pay 4 Per Cent on Savings Deposits. Merchants National Hank r Member of Federal Reserve S stem. Founded 1886. ' - - Fourth and Washington Sts. Ladd & Tilton Bank Established T859 CAPITAL AND SURPLUS $2,00.000.0,0 Commercial and ARTILLERY MOVES TG MEXICAN BORDER FOP PRECAUTOIN MEREl . - ! Reckless Carelessness of t Mexican Fighjers at Na Prompts U. Si to Act. 4i- AGGREsilVE NO ACTIC Zt Is Believed a Dan' and Will Be M to the Tactions t Stop rightln .Within Banff of the Border. (TTnlted rreB leased W!r. Washington. Dec. H The W'l House denied today that the r.io merit of artillery to Maco. Aria.. In t ated a change in-the administratis watchful waiting policy. It was to be merely a 'precautionary mo n.ent. "It lias been .thought wise," White House statement said, utrengtheii the forces at Naco, bee a of the reckless carelessness of thd t conienaing tactions ; across tne Dor in falling to control the direction their fire. Of cowrie, no aggress action Is contemplated." It was believedi tio movement of tillcrv was the riiSlminary steD t demand on the factions to stop tig ing across the borflilr. American ar officers in Naco!ay General May rena is preparing iwr an attack in to on Naco, Sonora., I .uch action wo mean the riddling- tif Naco, Arl a probably would reu It in American talitles. American consular agents at N were trying today tp persuade Gene Benjamin Hill tij ; withdraw from border. ! ' .. . Villa Will Cantaign In West El Paso. TexaisJiDee. 9. Battel A, H and C, Sixtii nited States fi artillery, left her., j early today Naco, Ariz., to handle emergencies tl migiit arise mere i(n connection w the firing across; the American bor from Mexican territory. Major G eral Bliss has been,, ordered- from Antonio to Naco to. take charge of situation, and was, expected to 1 through El Paso tuiay. Villistas in J uatjez, ' across the cited today as a result of the artlll movement, but sa1J it would not terrupt tlie fighting at Naco, Sonr Dlsiatches received here today e Colonel Ro(ue Oanja. president of Gutlti rea congress f 21 generals, 1 attacked Color! SHo Y. Gatna. G eral Zapata's, prino )ul lieutenant, M recently was appoi nted to.memDert l i ... i i .. .. ... i . i , L. , ...... A ,.1 ,i III V.I U l IVI 1 I n vl" V . UA, l uw,a Colonel G:ima w:i incompetent such high office. .The convention t deposed ColomTXiarzu as president the congress and yhose Martino E.H nosa to succeed t;lm. General Vtilsi1 ihiis- announced the air of Mexico C If y disagrees w him, and tha he jwill take the.f Immediately. General Villa wilt c- mand the force td ibe sent to the coast, and Genera) ZaputaJtwtll marid the troop tijUa king Vera C m . : ; Belleville, 111.'. irman Evangti cnurcn nas ceiet-uteo me vei fifth anniversary fif its foundation lit OPENING M our new new year. U$i ,000,000.00 and Oak Streets; d 0 i k Savings Depcits m IH Hi