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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 11, 1915)
THE OREGON DAILY JOURNAL, PORTLAND., MONDAY EVENING, TJANUARY 11. SHORTAGE IN 0 ' POINT BUMPS TO 30 CENTS TODAY IN THE MARE FOR EGGS ! loss of; Aboulg 2c Shown in Local thresh rrlce Today; j California Weakness l to Be Dominating Factor inttye Trade of Street. Eft: market loot 2c a dozen generally Bong Front street today with sales i low uu 20c a dozen tor candlea local Ktraa. Bom a business -.Vui reported i a very limited wav aa high aa Zl& o a doeen. but it wa generally be- i.'v"i mat- tne rormer viy. at least fould be the high mark either today early tomorrow morning,. Thers were Quite .libera! shipments to tha local . market at the Y S ieuiiia of tha week'a trade and thia hused 'fee-elvers to revUe their quota- ona immediately. With Petaluma extras reported down era ati25o u. dozen tha outiook here far from encouraging- teo far as the price la i concerned. Now that whole- la- trtoea are uractlcallv flat at 300 dosen. it t seemingly up to retailer revise their quotations downward to o a- UoKfrt. Thia in ltaelf would cre- e a much better demand for the eah prodiii t and probably enable the aaa nere to maintain lite price on ateadyt tiaata ror'awhu. The troubles of the cold storage In rests save really Just atarted. With ah stock at a price that tha awerage naumer will be able to purchase, the itlooK ta "Wot Only for sharply reauceii lotatlona on the Ice houae goods, but much dinilnianed demana. UTTER PRICE QUOTiiD DOWN Am foreseen by The Journal on Sat- Irday, there -was a general reduction za ai douiui in the price or city eamersr an well as ntate brands of itter in amy. The case lot price xor ty -aiuir. us now 30c. I , . HICKKN MA11KKT IS GOOD Market for chickens - stands In a kther firm position, especially for jeavy hens and BpringR, with sales am reported at loe a pound in both lea. 8crub quality continues to come beat supply, J " T . OTTON HEKD OIL HIUUEIl Loral wholesalers are today ouot- g an advance generally in the price cottonseed oil. The advance; is a flection of the better feeling) that Hn recently appeared in the cotton aae. ORE 2. fcPAX ISI1 ONIONS COME Another shipment of Fpanlalf "Onions reported In by the local trade, with ".a price continued at S3. 60 a! crate f ?5 pounds net. The market for kal stock 1b holding steady at' 41. SO hnerallyi on the street. r i;leiiv piuceh u; higueu Wtth tthe arrival of another carload rf.lfrv from th nnutli truluv th cal market la showing t general" al- knee of 26c, a -rate with salPs re nted, at $2.fio. igher prices In the utrr tne cause. niEF JfOTKH OF THE TRADE California steamer-arrived with quite lr. supplies of vegetables. Banana train reported out oif 1Ds pgtlea yesterday. Due bore WSedncs? y. . - Hhlomients of green on runs nnd rad ices fi'om. I.os Angelas oellliig wrll iy, the ropnifirst ihc aiiii the 'latter n doaen hdiiftten.. A 'inlsed car of .vegetables ,frrxm (-'nn randsco waa ducj irt the local market is mornjng. . JlIPPERS' WEATHER NOTICE tNertther bureau. sends 'the following tlee to shlppersf: I Proteft shttmeits as far nmrth as ittle against mlnrmurn temperatures about 38 degrees; northeast t Hpo- kn. 22 degrrees: Boutheast to Boiwe, degrees; south to Ashland, 138 de- ea. Minimum terr.rernture alt port- nd tonight, about 4 2 degrees. 1BBLVG PRICKS OF PORTLAND TIM iirf'iea ate thma at wttteh wholfaln hi to vetalra. eirept aa -ntberwia stated: aw cuhea. .ejllng. r-nf. 27 atara mt S!w; ranrti butter, lS2oc: olt erecia. , rax lots, .1--; .?( thin (iwKl, i" ttra.V i lrtaR FAT No. t. tortlaa ollerj. KOOS Nearny frertir gnthernd. f .".I ff.t2-: clel. tacal extra, whlta. xoe: -u. mnt. rtng 'f o. b.- Pnrtlat.U 2S(2"j(-: eaaterc rroh." April S4(3Uc; T'hlnee. WttlSe down. MVB POULTRY H-n. Plymouth Moek, nf, 15e: oMInary cr-leltens. 14k;: bfoll . to 2 lb.. Met turkey. ( iofglTe; 'es. 18tt20e lb,: ireon. tltjl 29; eyuaba, VmiA(t doaeo; geeM, lite. Bo. i (OHtiiC--rrea tn-egou, raart rail ereaa loa and trlplats. loUlHC; noata America UACKRABB1TS Tarey dressed ti.00'31.25. ktJQAR-i-CtJhe, $9.15; fxrwdered. ,te.oa: frolt berry, a.Tai mi, smd; acj sraaniatao, 75; O fallow, 3.0B. vAboa ajootaUoua ar Cky Dt task). - RitKJaiHia ttflo. 1. set He: Mew ift. kwil. dte'fi'-ae: lola'aa. SAl.T Coarf, halt around. It-m, 10 's-r k( JM. 10.7J; table rtlr. 10. TllAN&POKTATlOX an Francisco tOS AKGELIS AKD aAX DEEGO SS. ROANOKE laU.Weaao7i 3. at 6 r. X. ROtTH AC1KC ITEAXSRCP 00. X1f .9"-lc II T fight Office . IMA M at. Foot Sorthmp St. Uaia 1814, A-1314 U Maia 6iG3. A-6422 jnerican-Hawaiian S. S. Co. "The Vaaama Caaal Lisa" EX?K1S rBEIQHT SEJ6VHJH Bttwaaa Portlaaa w Xotk. Boaton, Vhfiadaipala and ' vnutuwa, Fpr Information a .to rates, aatllnga, c call 'on -er address , . CL D. KENNEDY. Agent. . H9 Stark street. Portland. Or. I1 B. . BZAX Tot Jan Francisco, Los Angeles ! : I r . M, Jaa. IS Tha iSaa Francisco t roi-tiana a. .. rw.. M . Oo. ) T.L at arskall 4&00. Altl. 3oos Bay Line STEAMSHIP BREAKWATER - ila from Alaawertk aock. Vortlaaa. s. as.: ry Tissaday. . Fiaickt aad tickat of flea t Alnawort doek. , f , t O. &, L B, XJasx 1 U. Xaatiag, Agoat. faaae Uawa UN. A. vr sscms Miust ow auu. atroai. u, j. KUacarr Agaat, kaa atAiakail iU4 LOCAL STOCKS OF WHEAT OREGON IS GOING TO THE NORTH. IN CAR LOTS TODAY Shipments Being Made to Paget Sound and to Spokane with the Offerings by Growers Liberal; t Weaker Price on the Street.. Oregon cabbage la showing aulte a fair demand rrom Spokane and Puget Sound points and carload a are being shipped by local interests every day. it naa Deen aiwcoverea mat wntie a very Urge per cerPt of the local growth was spoiled by the recent cold weather, the amount of good atock available is still heavy, therefore all wants of the trade are eaaily being taken care of. In fact tha crop thia season waa so good and present offerings so heavy tiat sales are being reported along the street by wholesalers today at lc a pound loose or Hie crated. At theae prices the outside will like ly continue a good buyer of the Ore gon product but any immediate at tempt to boost quotations la likely to result in the business being transferred to the cheaper quality California of ferings. Growers, however, are' show ing a general disposition to sell at pre vailing quotations. Potato Situation Considered Very ; Firm by Broaddus A sensation waa sprung in the local potato trade today when W. W. Broad due. resident buver- for Wvl. Zuckerman & Co., of San Francisco, returned from Yakima and reported that not only had a large per cent of the crop of potatoes been froten but that blight had struck the crop and rejections by dealers were general. "The situation was ao bad," says Mr. Broaddus, "that I waa compelled to reject some of the purchases" 1 had made because I did not believe that the shipment would pass California in spection. "The situation In a very serious one. There are in the White River country only about f0 carloads of potatoes at thia time, while a year ago there were about 700 carloads unsold. Because of the fact that Yakima potatoes are so poor and are unavailable for the general trade. White River atock has taken first place in the Seattle mar ket. "Honolulu alone In purchasing 3000 sacks of potatoes on each steamer leaving the sound and one vessel leaves every 10 days. Formerly the Island trade purchased Yakimas. "I have advices of good' authority from California which state that only 60 days' supply of Rivers remain. The supply la placed by responsible parties at 600.O00 sacks. "If Portland had a direct steamship linn to the Hawaiian islands this city would not only obtain the potato trade, tint would secure business in other lines." Remarkable Slump Shown for Wheat; Session Is Erratic Chicago. Jan. 17. 'Kemarkabbs alumu of nVic for May and 8c a bushel'for Jttlv wheat was shown at the closing of the pit trading today. The market opened with severe pressure In May at a loan of T.c. but the July waa off otrly 'Ac. After the early loss; thertr was a riil'ld covering movement among shorts which .carried the May up to' $l..l9c, but additional setting pressure at this point carried the pri-ce OfT 54c to ti.3aVi. . Home -recovery was made lat er when Bhorts again started to cover. flange of Chicago prices furnished by Overheck t Cooke company, 216- 217 Board' of Trade building: WHEAT ..1.ST . . 1.24 . -7S ., .78 ' . .t." AT .'.19.05 i.sn 1.24 CORN. .7fi .76. OATS .t,:, r.3- POKK lS.CT -Id.20 LARD to.no 10.H3 11314 1.10 TH .74 .63 W.37 1S.80 10.45 lO.SO July 121 .744 A .73B 644,B .52 18.37 18.83 1O.50 10.7S A MKT .Inly Mar Jv:!y Jsn. May Jn. . .10.45 . . 10.R0 May RIBS Jnn 0 75 fl.SO 0.7S Mir . ,;..UI.ZO 10.25 10.12 10.13 liltMV, v.iun, , VWFIVW. Ba aad lua, f a.tf-vu; .oms roca. vt,ait per ton. - HONKY Kw. l3JBn3.SO per eaaa. BKANH SmaU white, 6c: large white. 5Vc; pluk. c; lltau. c; bayou. 90.40; ' rraii aaa v scats sias. rRKSH raCtTS Oraoaea. narel. ti.MA 2.25; Japanrwv Hoo5ci baoaaaa, 44e lb.; lemon. 3.5it4 .a ; limes, 1 per lov; grape fruit, i.WU.W per oasa;- puwapplea Te to.; cmo, -1 ki.ibi fv,, fiwuu cranes. !l.0u1.3a crate. . irrb-MKw, I'm-m, i.iv wi; apcoraing ONIONS Loeal JTo. 1, $1.50: aoclatton selling, price $1.23 f. o. b. country, points; garUe, IT . . , ' KiTAToaa SeUiag 'price: Extra, choice Si per cental; sweats, 3.25. Vhi'jKiani.iws BTiMi. .b; oeet. $lJi5 QI.M.'; xarrowi imramps. i.ao per auck: cabbage.- $i61.2S; tomatoes. California. a.O0 per lug; greea onion. 35c per dosen buucbea peppers, bell, -10c; bead lettuce, 11.73 2.00 crate; celery, $2.25 crate; tug p.cat. loc: cauliflower, $1&1.23 doxaa; rreuch arti- cbokeJ, iftttUoe doaea; auitif beaaa, 6c; eo cuuioara, oouooss, .w owaea; crauoerrie. eaatara, $10 bbl.t local. 10c lb; aprouta, 7(j Hope, Wool aad fiidaa. HOPS Buying price, cBolee. 12e; prime, 11c; medinm to prime, 91oe; medium, li3c; IU15 eoatracts, lie lb. , vlKl Biluai, Il4 clip; Wliiamette vat sty coarse' Couwold, 17 e, iaediam aorop. sbire, iae; eaoice Uacy kU. 0j20e lb.; tasiern Uiegoa, 14g2ia aceorulag iw sbriak- hides. Ae lb.! 19, alud hides. I3jic; nails, g.-ee- salt, 9 10c; klp, 14(fi)i4ci caivea, dry, 2tto; emu sklas salted or greea, 8c; grn hides, -18 iaaa than salted; aheep pelts, salted, aiaj Uig. I0(a26ct dry. lie. XAJabwW Mo. L S4f4c; No. V6e; Mo"aJ wi e74. CUiiTUi ou CA3ca.ua BASK Caff lota, 4; lean tbaa ear lots 4. Moats, Flah and Prorisloas. TRESS1.U MEAT MelUiia; orlce Ooaatry killed: Hogs, fancy. c; ordinary, 8c; roach and heavy, 77c; Uacy veaia, 126il3c; ordinary, 11 (J 12c; poor, 7c; foata, SQ4& UAMS, BalO.N, KTC Hama, 4otil9c: breakfast bacon, 202Bc; , boiled bum. ascl picnics, lie; cottage, boaelesa, 17 c. UKATU fscaln hooae fcteara. o. 1 atock 12c; cows. No. 1 atack. lie: awes. 10c: wathera, lic; lambs 13c; pork tolas 17 UkaifisUs OljBOtm.. Kr gmXium, UJO; canaed eaatara, fifte caa, $6iO aVaoo: tera, la shell, $1. 109; raac elama, $Xo boa: eastern oyatera, per gaUoa, aeUd pact, $3,00. f liM-ira xioaooera, ic; aiaclted ai mon, Columbia river. TqSc; perch, 6s lb.: lobsters. Ii5 lb.; allTer melt 8e; aaknoa trout, ISC! halibut, 11a lb.; Columbia rivet mlfr-Afi lb. UAUU Tiercea, 12c: eompoond. tlereea. He. tUABa IrfrCB. ft-Ia; median $1J doata. ruiu r.na uuc - LINSEED OIL Raw. bbl 4c per gal.i kettte bulled, bbla., c; raw. cases, BtJc; boiled, cases. 71c gal.; lots of 250- gallona. lc tea; ol) caa meal, 44 per too. WU1XK UfiAU Xoa lota. 7c pr lb.; SOU B. lots, 7 per to.: teaalota, m par lb. OIL. alKALr-Carload lota. $34. COAL OU Wstaa- waiia la draiaa and ifea TLRPE.vriNJsWla caaoa, cj taaka. Sue put galioa, : Hrrcla, 10K. CABBAGE Edited ly Hyman H. Cohen. GREATER STRENGTH SHOWN FOR CEREALS WITH PRICES HIGHER Estimated That Less Wheat Re mains on Pacific Coast Than Will Be Needed; Oats Market Climbs to $33 for Spot Delivery. wheat, cargoes steady. London, Jaa. 11. Wbeat cargoes on passage steady: PORTLAND GRAIN RECEIPTS. -Cara- Wbeat.Barler.Flouc.Uat8.Hay, Portland, toduv. r,! 15 11 1! 13 Year ago ...... 87 15 21 14 10 8aoa to date7. -12.0os 1223 14154 J375 1226 Year aco ll.9fil 1749 1577 1103 16M Tieuma. gat 13 6 Season to date.. 6,9:S3 373 Seattle. FrL.... 20 Season to date. . S,5ttl 608 341 2123 5 13 IT 1804 823 2985 All told there are only about 2,B00. 000. bushela of wheat remaining avail able for aale In all hands in Oregon, Idaho and Washington. Of thia amount growers are credited with holdings of 1.500.000 buahels. while the combined stock In the hands of speculative mill era and dealers is around 1,000,000 bushels. Home interests place the fig Urea below this total. Little of the wheat remaining in the hands of farmers at this- time is avail able for- the present market because producers are asking- on the basis of $1.50 a bushel for club, and this price halt not yet been offered. Some of the exporters are said to be short of wheat to fill their Incoming ships and are making desperate efforts to cover. Where they will secure the supplies, none are able to tell at this time. The fact that the local market 1,0 4cm&j auwvq kilo ivo kiia 1 tviws'r era will cay at this time really means that recent purchases by exporting In terests at extreme vajuea were maae for. covering former aales to Kurope. vvitfl only z.boo.uoo Dusneis ox wneat remaining unsold in all handa and with California's requirements alone greater than this totaJ, uie ouuook a seemingly for a famine here. So say some of the leading buyers them selves, xnat caiuorma may do aote to secure some of its needs m Kansas or other markets of that section is as serted by some local interests, out the moment that the coast trade be gins to buy there the price will quickly respond to thisr new condition. locai requirements ox wneat are rather heavy during the remaining months of the season and taken. alto gether the situation Is about as strong as it could be. . In some quarters there is a demand that export- sales do pro hibited and that shipments already sold be -canceled by action or the . gov ernment Naturally this would tend to bear tha market lower. Oats market Is taxing most oi toe attention from the trade at this time because considerable activity is shown in that line. Sales abroaal have been very heavy and ihe outlook Is for heavv additional ' business;. Actual bidding for oats and aales confirmed by the country are on me dosis oi oo ton for snot dallverv. Barley snows . lixe strengxn in tne country, with heavy niaaing ana sales reported recently at $3l.o0 a ton, tide water tracK Dasis. With all mills now quoting patent flour at 16.60 a barrel, there is again talk of a further advance among some interests. Millstaifs. while quiet, are very nrm tn price. - ' i-Ltivh k esK.Kiu uuyinir unco; Nominal No. 1, recleaned,- 12c; ordi nary, 10llc pound; alsike, 11c pound. irixitiK seinne. untie: ratent. o.ou; WiUamette valley JS.60; local straight, I5.60S export straight, aao; cutoii, $5.20; bakers", $6.60&6.80. iiAi XMew crop, nuyina; pnuc: Willamette vallev timothy. Jancy $13.4nfe 14.00; eastern Oregon - Idaho fancy timothy. $16.00015.50; alfalfa. $13.00; vetcn ana oats, is.uu'tfiu.uu, ii(ivir., 18.00 ner ton. GRAIN BAItS lSla. tominsi. ro. l Calcutta. $6.00. MTT.7.STUKFS Selling crice: Bran, $28.50329.00; shorts, :$3d.b03l:00 per on On the Merchants Exchange wheat r rices were lower, following the sharp oases at Chicago. Notwithstanding this, the general market was of good character. Sales today on the ex change included: 30,000 Dusneis spot bluestem $1.40. 5000 bushels spot fortyfold $1.40. 5000 bushels spot club $1.38. 20,000 bushels Spot club $1.39, 15.000 bushels February club $1.39 H. 6000 bushels February red Russian $1.324. 20,000 bushels spot red life 41.25. Oats sales Included 100 tons Febru ary $34.50, while 100 tons March feed barley, went at $31 and 200 tons spot brewing at $30.50. A sale of 100 tons February whores was made at $30. Uerebanta' Exchange spot prices: WHEAT. Monday. Bid. Ak. Satarday. Bid. Ask. Bloettem Fortyroid rinb .$1.39 $1.40 . l.WA 1.40 $1.42 1.40 i.:;s 1.8i 1.32 $1.44 1.43 1.40 . 1-18 1.39 Rel Rnmiaa 1.1 1.33 -132 Red Fife 1.34 1.35 Jt.30 OATS. $34.00 $35.00 Peed Feed i. Brewing Braa v $33.75 $33.00 BAULKY. .$29.0O $m&0 $29.50 . 30.50 oO.OO '23.50 MILXeTTJFFS. .$2a.75 $29.00 $28.50 . 29.00 30.00 20.00 $30.00 -au.w $29.00 snorts 80.50 Futures were quoted: WHEAT.' Bid. Ask Feb. Bluestem ... Mar. Btut-stena ... May Bluestem ... Feb. Fort fold ... Mar. Fortyfold ... Feb. Club Mar. Club Feb. Red Russian Mar. Red Russian Feb. Red rife ... Feb. , Mar. .'...'... ..$1.39 .......... 1.40 1.44 1.37 l.HS 1.39 1.39 . 1.32 133 $1.43 1.45 1.4S 1.41 1.44 - 1.39 1.43 1.33 1.37 1.37 4 1.35 OATS. aft 3423 33.00 87.00 BAJtUST. .$29.50 80.60 MILLSTUFFS. $34.60 6.00 May Ib. Feed Mar. Feed 88.00 $30.50 81.00 $29.60 81.00 Feb. Braa Feb. Saoi-t ........ S29.00 Z9.SO San Fcancisco Dairy Produce. San Francisco, Jan. 11. Eggs Ex tras. 33 c; pullets. 80c. - Butter Extras, 26c; prime firsts, 24c: firsts. 23 Vic: seconds. 23c Cheese -California fancy, 13c; firsts. leconaa, iuc. ' Seattle Dairy Produce. Seattle. Jan. 11. Eggs select ranch. aic; eastern, Aprils, jsec. liuttei isative Washington cream ery, brick, 29c; do solid pack, 28c Cheese Oregon triplets,- 16c; Young America, io; ioca.1 creamery, lie Washington twins, leo. Seattle Potato Market. Seattle, Jan. It. Potatoes Whita River. .$16m18. I Onions California. llVio; Ore- gon. tac , tf. S. Gorernment Bonds. New Tork. Jan, 11. Government bonda: - k Bid. Aak. Twos, registered .......... 86 do coupons ............. 97 Threes, registered ..... 100 U. do coupon ............ ..100 103 Fours, registered .......... 109 do coupon ............. .109 V Twos, Panama 96 Twos, 1933 100 Foreign Exchange Rates. Mai-chants' National bank quotes lereign exenange: I-ondon Sterling. $4.85. : rseriin MarKs. za.ea. - - vi EH'W I Kill's. 1.9,9 V, -ongkng Cvurrencj'j 44.15. IS REARED BY THE TRADE CATTLE MARKET IS 10 TO 14 CENTS OFF N THE YARDS TODAY Top Steers Sell Daring the Morn ing at $7.85; Hogs Fractionally Off but Some Tops Are Sold at $7.15 During Day's Business. SOME HOas AT $7.30. Several loads of extra salect hog's were sold today la the Worth Portland yards at 87.20, with on load reported at $7.85. Tna bulk of tha sales re mained around 67.05 7.15. PORTLAND LIVESTOCK RUN Cttle. Calves. Sheep. .1011 17 25-S6 3 .. 1 111 75 6 1C8 49 1 27S lsria 'i 3oo 121 3 49 643 2 2762 leSS IO 2302 Monday BolS Saturday ice Friday ..,.....2171 Thursday .-. 237 Wednesday 1S1 Tuesday -2J3 Week ago 54.TO Vear ago 2835 Two years ago... 11 34 Three years ago.. is04 There Watt A. clicrhtlv vaVa. (rATtd In the hog nmrket at North Portland for the day 'and the cattle situation was not quite so firm, especially for ordinary quality. Sheep trade was strong at tun values. North Portland today showed ar rivals of within a fraction of 10,000 head, a total of 108 cars being report ed in since Saturday's statement. nogs soia generally at $7.057.10 for top offerings in the yarda this morning, values beinsr aibnut n. nickel under former figures for similar qual ity. Some few sold at $7.15. In tha faca of tha severe weak-naa In the eastern trade, the market here nem remarkably well, especially when uie uis run or oais Dead is considered At Chicago there naa a. wvAlrcvr tona In the hog trade, with a loss of Ec to lira in me price. -Tops. $f. .Kansas City hoc market waa also 5a to lOo lower today, with extreme tops $7.05. Omaha hogs were a dime lower, with I tops reported this morning in the I yards at $6.75. General hog market range: Best light .$7.05 7.15 Medium light 6.90 7.00 Good to heavy 6.85 Rough and heavy 6.75R)6.80 Stockera . . '. 6.00 6.40 Cattle Market Is Easier. A slight showing of easiness waa In dicated by the early trade in the cattle pens at North Portland, when " the week's -..sales opened. There was a heavy run of cattle reported In the yards oi'er Sunday.' Totals--were 1011 heHd compared with 15p9 last Monday. Tops sold, around-$7.85 in the steer division' of the local market today, with equal quality cows around $6.75. At Chicago there waa a weaker tone In the cattle trade, with values a dlma lower than Saturday. Kansas City cattle market waa weaker, with a loss of 5c Qmaha cattle were steady to a dime lower. Top steers quoted at $9 gen erally. uenera.1 cattle market range. Selected steers .".$7. 7547.83 uooa to prime ............. 7.i 5 s 7.50 Good to choice 6.50(6.75 Ordinary to fair ........... 5.75416.23 Best cows .. . 6.75 Good to prime 6. 50 a 6.70 Ordinary 6.26 & 6.50 seiectea caives ............ 8.ooq)8.50 Fancy bulla 6.606.?5 Ordinary - 4.00 4.25 sixaep Traoa strong. Run of mutton waa onlv fair in tKa North .Portland yards over Sunday. Total run was but 2586 head, compared with 4409 last Monday morning. Tops sold early in the day a.t $7.60. Which Is the previous high mark for ia.ni os. leanings and ewes sold at the usdal differential from these. At Chicago there was a weaker tone in the sheep trade with values 10 to 15c lower. Kansas City sheep trade was steady at former prices. Omaha sheeD market ruled 10 to 7 5c lower with top lambs $8.70 and year lings .b3. uenera.1 mutton marnet range: - Old wethers $6.U06.25 Best yearlings 6.50 het ewes 5.00 a' 5. uo Beet east mountain lambs.. 7.40)7.50 Valley light lambs 7.25 to) 7.35 Heavy spring lambs 6.75 7.25 Today's -.Livestock Shippers. f Hogs F. Perkins. Haines. 1 load: W. H. Stone, Emmet t, Idaho, 1 load; San itary Meat company, Enterprise 1 load; ix. ivunn, i ioaa; -ruaaie Jtsros.. ia Grande, 2 loads; P. 11. Morelock, Jo seph, 3 loads; O. K. Gorsline, 4 loads; Elgin Forwarding company, Lostine, 1 lead; George Woods, 1 load; J. I. Hack etu Wallowa, 1 load; J. W. Chandler, l ioaa; u. ii-. Kuae, icno, 2 loaas; t B Decker. West Scio. 1 load: Hubbard. 1 load, both direct to Union Meat com pany; C. Bursell. Central Point. 1 load; H. B. Ecker, Grants Pass, 1 load; D. Sullivan. Alexander. Idaho. 1 load: D. H. Hildebrand, Condon, 2 loads: John uysart, l load; li. w. ttarnett. itent. l load; W. H. Moody, Shaniko, 1 load; A 13. Bubelgeser, Wasco,. 1 load; G. IC Blare. Sommers. Mont.. 1 load: K. Pow ers, 1 load; L. McCredle, Roosevelt, Wash.. 4 loads; w. H. rioit. Farm a. Idaho, 1 load: Grover Bros., Ontario, 1 load; L. H. Lawsbn, Nampa, Idaho, 1 load: ll hl rtuae. Atnena. 3 loaas: J. Kieth. B-lva, Idaho, 1 load; John Kll pa trick, Eden, Idaho, 1 load; Kil Pat rick Bros., Pecaboi Idaho, 2 loads; Gro ver; Bros., Payette, Idaho, 1 load: W. H. Murphy, Shoshone, Idaho, 1 load; R. E. Wilson, weiser, laano. 2 loaas; J. 1, Lewis, 1 load; L. J. Knowles, 1 load; weiser Aieat company, 1 ioaa. Cattle Byron-Marsten J0.. Baker. loads; D. McGUl, OnUrio, 1 load; W. a. Mocaiin. 1 ioaa: want uucnanan. Echo. I load; Gaston-Jordan Co., Gas ton. 2 loads; A ureen. xammii, 1 load; Peterson Bros., Forest Grove, 1 load; 11. : Kaidwin. ueamona. 1 ioaa: c j Johnson. Terrebonne t loads; Victor H. Waikar, Glanna Ferry. Idaho. 1 load; Charles Chrlstansen, Petonlaa, Idaho, 1 ioaa; - victor, laano, 1 ioaa; is. L Glle. Condon. 1 load: -J. Thompson. load, R. D. Cannon, -1 load,. Fred Welch 1 load; J. S. PrahK Lyle, Wash., 1 load; John Jensen, Burley, . Idaho, 2 loads: J. A. Ireton. Namoa. Idaho. 4 lMfl.. n. a MorKI t "Pa vatta TJ,h. 1 ioaa; li. a. .tunsnaw. urain, i toad. Sheen Maearv K.rlOs. . Jameson. roads; R. N. Stanfield. Stanfield. S loads; Sol Assmussen, New Plymouth, Idaho, 1 load; J. E. Kleth, Riva.) 'Idaho, 2 loads. ' - Mixed StuffJohn Q. Hoke, TJnlott Junction, 1 load cattle and hogs; Van Duten Broa Kmmett, Idaho. 2 loads hogs and sheep; Stewart & Burkhard. F.mmett -Idaho. 1 load cattle and hae-a: F. K. Graham, Imbler, 2 loads attl and hogs; O. s. Gorsline. Joseph. load cattle, calves and hogs: Fred Knox, Grants Pass, 1 load cattle and hogs; C. W. Devoe, Jerome. Idaho, 1 load cattle and hogs; C W. Martin, Miaxaio, a loaas came ana caives: w, K. ! France, koc creeK, l load, hogs and sheep; R. H. McKeen, Wasco, 1 pa,! Idaho. 1 load cattle and calves La iH. Pat ton. Payette, Idaho, 1 load cattle and hogs; Lidstrom & Apple gate, Weiser, Idaho, 3 loads cattle and nogs. I Xa4ay Xorning Salsa, " ';'."'' STEERS Section. No. Ave. 1M. ' 1080 124 1229 12O0 107O 770 110 - 1120 fH7 973 1043 1210 720 1130 990 1210 Price Oregon ... 21 87.85 7.65 Idaho 25 Oregon ............... 17 7.65 T.50 7.35 7.85 - T.36 T.30 7.25 T 25 7.00 7.00 6.75 7.35 7 35 t.7S orfgvtt ... Idaho ................ Idaho ' Idaho Idaho ........... . 13 . 1 . 8 . 3' Tat . 8 . 1 Oregon ............... Oregon ............... Oregon ............... Oregoa ..,...., . , . Idaho ................ Idaho. Oregoa SMELT HIT' COWLITZ AND LOCAL MARKET GETS GOOD SUPPLY Sales Are Made Down to 4c Per Pound 9oday by Local Trade; st Small Supply of "Fresh Halibut in With Price at 13JaC a Pound. SmelC have struck the Cowlitz! The annual run la really on today and with in a' short time the local market is ex pected to be flooded with offerings of this low priced fish. . Initial run of moment in the Cowlitz- was -reported late Saturday and some of the offerings reached the lo cal trade this morning. Quito heavy supplies were also received from the lower Columbia, shipments being from giimeiiers. So liberal were the stocks of smelt from the lower Columbia on Saturday that local ' receivers were ; unable to clean up. The result Is that the mar ket is not only weaker but is again lower In price today. The general price for smelt In the local wholesale market today was 4c a pound. Some were -quoting fraction ally higher and others lower. Fresh halibut came In this morning but only scant supplies, were available. The price was placed nominally at 13c a pound with storage stoclca: 1- vcsc, tne latter for No. 1. Better offerings of salmon are com ing from the Columbia with a greater catch there. Steelheads from the local river are quoted today at 7 v 8c a pound, some of the coast fish is be- ln ing sold for less.. Oregon Oregon Ore ft on Ores on Oregon Oregon Oregon 1S40 lfi02 150 io:(5 1240 1425 1450 lino 1100 1133 1024 970 S5 1170 T.7S 7.25 6.75 .75 7.25 .50 -75 $75 6.75 6.50 6. 50 6.25 6.25 8.00 6.00 5.50 5.00 4.23 e.70 Oreeroa Oregon Oregon Idaho . Idaho Oregon Oregon Oregon Oregon KiS4 KJ-'IS 11 W 12'K 11. "rO li!ir, 1110 1071 tf.-,0 9X0 10f3 12iK) , ir.so 115 2-1 1 230 13Tfl 16CK1 1143 1510 1140 1210 i'OO 2:'.4 Idaho ', Oregon Idaho Idaho a. bo treeon .2.1 .o 5.75 e.oo 5.O0 6.50 5.30 $?.00 Oregon Oregoa Orecon Oregon Oregon Oregon Oregon 7.0O 8.00 $5.50 4.M 4.25 . 3.1V0 3.00 S.00 7.13 7. OS 7.20 $7.50 7.25 70 BO f 1 TO 70 , 101 los- 103 103 K4 67 222 214" 102 1811 214 12 24 . 192 1S5 180 1H7 .2K0 T 211 125 " 111 r. 349 8o. 4';0 27rt 150 350 2O0 345 800 4H0 1S9 119 SO.) 850 ao 20S 10S 219 22tl 13 205 200 S4S 1W 300 153 133 ltiO- 132 162 6.90 6.50 T.50 ' $8.50 $5.50 $5.50 6.50 4.33 . . i . .I.. . 10' t 22 . . . . . . . .. ... i . . Q .............. 17 inrmnmrr i cows nrnnrnnii 2 13 12 11 1 1 , 5 2 . . . . .4 1 . 14 :t 3 .............. 2- ".mi"! in .'.'. 1 CALVES Oregon ' . . . 4 Idaho ................ 1 Oregon 1 . BULLS Oregon .a............ 1 Oregon i... ........... 2 Oregon .........i 3 Oregon ...... l . Oregon r Stags Oremoi .............. 1 Idaho 2ft Idaho 71 Idaho . .. a 88 LAMBS Oregon ....... .142 Idaho 143 Oregon . .120 Oregon ........... . 240 Oregon 2S TEAJifJNGS Oregoa ..-. . . . . . 120 J WETHERS Oregon ......... .. .241 - EWES Oregon ...... .........219 Idaho 123 Idaho 246 i Idaho ....... .-. 252 HOUS Idaho. .. ... .. .. . . . . . IK! Idaho 90 Oregon ... . . ....... .10 Idaho Idaho 93 Oregon ....... .. .101 , Montana 90 Idaho K2 Mon Una 102 Idaho 94 Idaho ....... 91 Montana ...... ...... .178 Montana 4 Idaho 90 Montana ...125 Idaho - Oregoa 1 Idaho 10 ! Idaho 1 Montana 1 Montana ............... 7 Montana ....... . 1 Idaho . . . . 3 oregoa ...103 Oregon 2 Oregon .............. 12 Oregon . . .... ......... 1 Oregon' .....101 Oregon ...106 Oregon ... ........ 95 Oregon .... 2 Oregon .............. 1 Oregon ..... I. ...... . 92 Oregon 119 Oregon ............ ..101 Oregon .............. I Oreeon .............. 25 Oregon ...... l Oregon 176 Oregon . .......-. 3 Idaho' ........ ....... 9(5 Idaho 4 Idaho - 104 i -H;10 ... ..... .. ...... 5 Idaho ?o Idaho 35 Idaho 6 4.23 $7.20 7.15 7.15 7.15 7.15 7.15 7.10 7.10 7.10 7.10 7.10 7.05 7.05 7.00 6.75 B.BO 6.15 6.10 - 6.10 6.10 6.05 6.00 6.00 7.10 6.15 7.15 6.15 7.15 7.20 7.10 6.10 6.18 7.15 7.15 7.15 . 6.50 7.05 7.15 7.15 6.15 7.10 6.10 6.90 6.50 7.00 6.50 Omaha Hogs $6.75. Special to The Journal. South Omaha, Jan. 11. Cattle 7400; market steady to 10c lower. Steers, $S.OO9.00; cows and heifers, $5,750 7.25. - Hogs 7300; market 10c lower. Bulk. $0.656.75. Sheep 15,000; market 1015c low er. Tearlings, $7.26 7.65; wethers, $6.156.50; lambs, $8.35 8.70; ewes, $5.50 5.90. - Denver Hogs $7.13. (Special to The Journal.) rftiver, Colo Jan. 11. Cattle 2800; marfet 'weak. Steers, $ 6.25 8.00; cows and heifers, $5.6007.00; stockera and feeders, $6.25(7.60; calves, $810. Hogs 1600; market lower, top, 2t.l6f bulk. $.806.95. Sheep--200; market steady; lambs, $7.60 8.25; ewes, $4.75 6.25. Seattle livestock Market. (Furnished by KldwaU & Caswell, Seattle branch.) Seattle, Jan. 11. Hogs 100$; market nominal, $7.25. Cattle 263; market steady; top steers, $7.60a7.?6. n Sheep None; market steady. San Francisco Potato Market. San Franciseo, Jan. 11. Potatoes, per cental Oregon Burbanks, $1.25 1.40; Delta, do. $1.001JL0; Salinas, J1.501.70. Onions, per cental Tallow, 80c $1. Chicago Hogs Are lxwer. Chicago, Jan. 1L Hogs, 55,000; mar ket 6 to 10c lower; mixed, $6.60)7.00; light, $6.3596.95; heavy. $6.55if6.96; rougn, o.tow6.&. Cattle 83.000: market 10c lower. Sheep 37.000; market 10 to ISo low er. , - r Kansas City Hogs $7.05. Kansas City. Mo., Jan. 11. Hogs, 10,000; . market 5 to 10c lower; tops. Cattle 16,000; market 6 lower. Sheep 8000; market steady. New York Sozar and .Coffee. "Kew Tork, Jan. ll. Sugar, centrifu gal. i4.u; moiasses inactive, coffee Spot New Tork, No. 7," Rio, i c; ro. santos. auo. ; - NEW GERMAN FLEET REPORTED 'OFF COAST OF BRAZIL; NO BATTLE Said to Include Karlsruhe and Vessels That Ran British florth Sea Blockade, BATTLE RUMOR DOUBTED Ho Confirmation of Keportad Slaking n Battle Cruiser Von Dar Tana by British Cruiser Invincible. (Cnlted Press Leased Wire.) Rio de Janeiro. Jan. 11. Another German cruiser squadron was reported her today operating off the Brazilian coast. It was expected consequently that British shipping would remain in port until the hostile fleet was accounted for, inasmuch as it would be inviting destruction if It ventured out to sea sooner. , No . confirmation was available of reports concerning the squadron's com position. It was said, however, that it consisted of the Karlsruhe and its convoys, together With warships which succeeded In runiftng the British blockade of the North sea. Confirmation waa lacking also of a rumor that the British warship In vincible had sunk the Von der Tann The Brazilian minister of marina said the Invincible sailed from Revife Sat urdav afternoon. Dassed the Argentina dreadnought Plivadavia en voyage and exchanged salutes with the latter. He thought It possible that this exchange of salutes was responsible for the story of a battle. The report, however, continued to circulate, though discredited by both British and German diplomats. Japanese in Atlantic. New York. Jan. 11. Captain Wil llamson, commander of the steamship Curaoa, arrived here today from Havre. He said he believed Japanese warships were doing patrol duty In. the Atlantic explaining he passed a warship off the Azores which he was sure was a Japanese craft. Stock Market Has Very Liberal Rise During the Day New Tork. Jan. 11. Stock market shares were generally of bullish na ture today, although the tradine waa not extensive. The entire list is prac- ucauy.irom a iraction to Z'Jfc points better than on Saturday; with Louis ville & Nashville showing the greater rise. Better feeling In- railroad and Indus trial circles is generally attributed aa tne cause. Range of New Tork prices furnished by Overbeck & Cooke Co 216-217 uoarq or Trade building: iWCSCKir-no.N opaal High-, LowlClose Amalgamated Cop. Co. American C. 4V Fdy c American oan., c...... American Loco... e. . . . . American Smelt., c. ... Am. 'IL & Tel., Anaconda Mining Co.... Atchison,, e. .......... lU &. ().. c...... Beet Sugar Bethlehem Steel., e.... B. R. T Canadian raclrlA,. c Central Leather.. C. & ti. W... pf C... M. & St. P...... Chi. ft N. W... e Chino Copper .......... Ches. & Ohio Colorado F. & I., .e. Consolidated Gas Corn Products,, c Erie., c Erie.. 1st pf General Electrlo O. Northern., ore lands U. Northern,, pf int. Metropolitan., e. . Lohigu Valley K. C. Bouthera L. N M.,. K. & T... c. Missouri Pacific...... Nwttonal Lead........ Nevada Consolidated.. New Haven New York Central... N. Y... O. & VV.,...i. Northern Pacific., c. Penn. Railway........ P. S... L. A C. Co... Pressed Steel Cnr, e..J Ray Cons Coooer Reading, e Republic L a S.. C.. ReDOblie 1. A ft of.. Rock Island. of. ..... . Sonthern Pacltic. e. ... Southern Railway. C. . Tenn. Copper Texas v pacirio....... Union Pacific, e. . . - .... c J . u u w. , w a . V. 8. Steel OOl. C.... U. d. steel i. pi... Utah Copper - W. U. Telecraptt Westlngboaae Electric NORTHWEST BANK STATEMENT YertlanA Basks. This week.. $2,048,478.83 Seattle Banks. Clearings Tear age. $2,101,248.27 Monday ... Clearing ...$1,893,139.00 ...$ 100.757.00 -Balances Taeoma Banks. $ S80.8fi2.00 82,021.00 Clearings Balances NORTHWEST WHEAT MARKETS St. Louis Closed: Wheat May, $1.31 A; July, $1.18. Kansas City Closed: Wheat May, $1.27; July. $1.15 A. Minneapolis Closed: WheatWay, $1.30; July, fl.3O01.SOH. Winnipeg Cloned: Wheat May, $1.34B: July. $1.35B. "HI 65V4I 64Hi 63H 1 4614 47 . 45 47 f 2UH 0 29V 30 25 28 35 274 59 SOU 69 "i 60Vi 118H 1184 118 11SV4 20 V4 20 S 2dVk 26Vi 94 64 94 94 68 69 67 69 85 37 35 36 51 63 61 53 S6 86 85 85 156 156 156 156 85 36 35 36 2S 28 28 24 8T 88 87 87 136 136 136 136 33 34 33 4 42 42 42 42 23 26 25 26 116 118 116 118 9 9 4j 22 22 22 22 34 36Vii 34 36 143 144 U 14.1V 1441- I 27 I 28) 27 28Z1 114 114 113 114 11 11 10 10 134 134 134 134 21 22 21 22 117 118 117 118 8 7 7 7 7 45 45 45 45 12 13 12 13 63 64 53 64 T 89 87 88 , 22 22 22 22 lO0 102 100 102 105 106 105 106 119 120ttill9 120 87 39 36 38 164 16 16 16W 147 148 146 147 20 20 20 20 75 75 T5 73 1. 1 1 1 84 86 84 86 i 15 16 15 16 I 33 33 32 22 11 12 11 12 118 119 118 119 RTS Uli. r.Tiy. K' m w oi 6i uotui vn iooi ios 49 01 49 60 69 60 59 69 72 74 72 1 72 Duluth Closed: Wheat May, $1.32; July. $1.31. : San Francisco Grain Market. Ban Francisco, Jan. 11. Barley Jan. 9. Jan. 11. calls: Open. Close. Close. May $l.oi tl.SRH Dec. .... 1.40 B 1.45 A 1.502A Spot prices: Wheat Walla Walla, J.202.25; reT Russian; $3.7 2.22 ; Turkey red, $2.25 2.30; biue steni, $2.80i2.35. . Barley Feed, $1.47 1. 50. Oats White, $1.57H1.0 Millstuf fs Bran, $29.00 if 29.50; mid dlings, $31.0032.00; shorts, $30,000 31.00. Buenos Aires Wheat. Buenos Aires, Argentina, Jan. lL Wheat closed c lower. Overbeck & Cooke Co. books. Bonds. Cottoa, Orals, rte, SL6-217. Board of Trade. BalldlBg. . DIRECT PRIVATE WIRES TO ALL EXCHANGES Members Chicago Board of Trad Correspondents ef Logan 8rraa , ... nasnssjo, New xerc. . .. GENERAL BUSINESS NEWS ' "'.'-i. 'V- . '. .......... -v ".'-"--:VV.-i.-.;.SX.-:j Flouring Mills Will Install Additional Machinery for the Purpose of Doubling the Capacity of Its Plant; Big Contracts Landed. : -j FRUIT CANNERY MAKES GOOD REPORT With the prospects orinoreased bal- ness following the opening of the Celilo canal next June the Astoria Flouring Mills company has made ar rangements for Installing new ma chinery. It la the intention to double the capacity of the plant. Whereas 500 barrels are feeing ;put out dally now, with the new equipment a maxi mum of 1000 barrels a day is expected. The company haa "had a yery encourag ing season. Big flour contracts have been placed and a crew of 12 to 15 men have been kept steadily at work. Long shoremen are also given employment whenever they are needed in loading vessls. Some of the f leur has gone to San Francisco and other shipments have gone to South America and New Tork. The mills have also enjoyed a very encouraging business in feed sup plies for the dairies In the vicinity of Astoria. The mills have been in oper ation only since last March and the president of the company, Edgar Smith, of Portland. Is highly elated over the showing. "The good times for Oregon are only Just beginnirg said Mr. Smith. "Next year should be a banner one for the farmers of the state and record prices should be received for all kinds of grain prod Ucts. With the opening of the Celllo canal we will be able to tap a great section of the Inland empire reached by the Columbia river. ssteamDoaia will run direct from the upper wa ters to our mill at the, mouth of tha Columbia." rroit Cannery Xakas Sapor. At the annual meeting of .the stock holders of the Woodburn Fruit Can nery., the following were elected direc tors for the ensuing year: W, A. Rob erts, A. E, Austin. M. J. Olson. Li H. Grassman and John A. Glatt,. saya the Woodburn Independent. Secretary- manager's report showed a net bal ance In business to be $96.95, with goods on hand and In transit to the Prisoners of War Are Well Treated Charges of Abuse KOt Boras Ou$ by ''Tacts, Says President Wilson 'a pe dal 'investigator la Europe. Washington. Jan. 11. European prisoners of war fare as well as the soldiers In the various armies. Presl dent Wilson was told by Chandler Anderson, state department envoy to the prison camps. Further, Anderson declared that charges ' and counter charges Soma months since of abuse and ill treatment were based on mis apprehension. iis mission, as an nounced by the state department to night, was to visit these camps, at tha request of several governments. Anderson said tonight his errand had succeeded, but be declared th prison camp visits had been Incidental. What the remainder of his mission had been he refused to tell. On his trip Anderson investigated camps In Ger many, France, Austria and England FIVE NEW COLLECTORS Five Word men were dropped from the county payroll Saturday night to make room for -appointments by Sher iff . Hurlburt. The men were part of the force of the tax collection office which is handled jointly by Treasurer Icwis and Sheriff Hurlburt. The five to go were Daniel T. Sherrett, Harry C Livingstone, William Blevers, wil lis E. Potter and Samuel Kafka. I their slacea Sheriff Hurlburt has named C J. Richmond, Norman P. Smith and Oliver Groce, and it la ex pected that J. A, Arment and S. P. Hanawalt will be named for the other two places. , EX-BEAVER SIGNS AT N. Y. Cleveland. Oblo. Jan. 11 Infielder Roger Pseklnpaugh announced hers today that be had signed a three years' contract with the New Tork American league club. Petition for Appointment. George W. Foot! this morning filed a petition for appointment as adminis trator of tha estate of his wife, Kath arine M. Foott. who died January S. Mrs. Foott left property worth $4000, he said. Ha and two young sons are the heirs. . New "Fork Cotton Market. New Tork. Jan. 11 Cotton market: Open. High. Low. Close. January .,,,. ... ... 898 March ...... 817 826 818 820 May 835 847 $34 841 July ......... 857 S65 853 859 October ....... 877 887 876 881 December . ... 895 901 894 396 STATEMENT OF CONDITION ' The Bank of California National Association San Francisco, CaX . " Including Its Branches in Portland, Seattle, Tacoma and Virginia City - At Close of Business December 31st, 1914 - ? . ASSETS - Loans snd Discooats ..........v.... : $3347,659.47 Bank Premises (San Francisco and Branches).. 1.181.034.68 Other Real Estate Customers' Liability under Letters 'of Credit Sundry Bonds and Stocks United States Bonds to Secure Circulation .... Other United States Bonds ' Redemption Fund with United States Treasurer Investment in $100,000,000 Gold Fund: '. Cash and Sight Exchange - LIABILITIES Capital Paid in Gold Coin Surplus and Undivided Profits Circulation Letters of Credit Other Liabilities Deposits .. Third and W. A. MacRae, Manager amount of $7306.16. During 1914 there) were canned 8393 cases of fruit, aa: against. 3087 cases for 1913. A total ' of 413,577 pounds of fruit were pur chased, as against 168,422 pounds used In 1913. The growers were vpald $8261.35 for fruit; the total amount paid out for labor ' being $41.28.31. The tonnage for 1114 consisted of blackberries 143,823 pounds, pears 50.-, 651, Italian prunes 59,087. loganberries 68,283, - strawberries . 31,929. : enernes 5,775. plums 18,439. red raspbew.es 9691. gooseberries 8848. rhubarb' 1538, ; apples 1445, black raspberries 1148; a total of 413,577 pounds. - ' . Will Handle ?rm .Product. . The Willaoa Havbor Produce Growl ers' association was formed at a met. , ing at Willapa, V'ash., and It is .th ' plan of the corporation to .handle the . entire output of the farms of that eor tlon next year. It is the intention ul timately to erect a fruit and vegetable cannery on the harbor. Boad completes P pots. Passenger and freight depots, round house and terminal yards of tire Mil waukee railroad .ave been completed at Raymond, Waslw and the company wlll .be ready to handle business m that section of the country just . as soon as the road over the summit to Doty, has been finished. A number of bad mud slidei have occurred and. It la not expected that the road win opened before spring. -- - The custom of ask ing one's friend to? act aa executor of an estate is rapidly' gtv--ing way In favor of . . the modern- trust , company because' the element of persona! favor Ik eliminated, because the life of a trust company Is per petual and because the trust company la especially equipped to render such service to estates In trust. Corns In and talk it over. TITLE and Trust Company Titia aad Trust Bid. ronrtk, aea Stark, BITULiTHlC "" the pavement that lacks nothing in the essentials of an ideal pavement THE Canadian Bank of Commerce Head Office TORONTO. CANADA Established 1887 A General Bankfng Btulnes Transacted Interest Paid on Time Deposits Commercial Letters of Credit Issued Exchange on London, England, Bought and Sold PORTLAND BRANCH Corner Second nd Stark Sts. F. C Malpas, Manager 485,301.43 2779,851.25 4,680,731.70 6,230.000.00 285,000.00 325,000.00 117320.50 13,962,080.11 ...... - t $6394,479.14 .$ 8,500,000.00 . 848157.41 . 5,900,747.50 . 2.94S.9O6.02 35,000.00 . 27J31J06821 $63,294,479.14 Portland Branch Stark Streets J. T. Burtchacll, Ass. Mgr.